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Asia s Tech Juggernauts Zero In On Indonesia s Digital Banking Market

Asia s Tech Juggernauts Zero In On Indonesia s Digital Banking Market
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OJK drafting minimum capital requirement for digital banks

OJK drafting minimum capital requirement for digital banks 18th February 2021 Chief executive of banking supervision at OJK, Heru Kristiyana, in Jakarta on Thursday (February 18, 2021). (Youtube OJK) Jakarta (ANTARA) - The Financial Services Authority (OJK) is formulating regulations on the establishment of digital banks, which include a minimum capital requirement of up to Rp10 trillion. For the establishment of a new digital bank, the requirement is Rp10 trillion. Accompanied by digital bank requirements such as having the ability to manage prudent and sustainable bank business, protection of customer data, executive director of banking research and regulation at OJK, Anung Herlianto, said during an online press conference in Jakarta on Thursday.

Tech Giants are targeting Indonesia s 83 million who don t have bank access

Sea and Gojek can target Indonesia s 83 million who lack bank access

The Straits Times Sea and Gojek can target Indonesia s 83 million who lack bank access Banking services through mobile phones offer a solution to those strewn across thousands of islands and lack access to banks.PHOTO: REUTERS PublishedJan 28, 2021, 8:19 am SGT https://str.sg/JK8S They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

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