New regulations of OJK Strengthening Rural Banks, http://berita.suaramerdeka.com/smcetak/peraturan-baru-ojk-memperkuat-bpr, 26 November 2014
Financial Services Authority (OJK) launched regulations (POJK) No 20 / POJK.03 / - 2014 of rural banks. The new beleid is believed to strengthen the competitiveness of rural banks in the era of an increasingly open market.
Joko Suyanto, Chairman of the Association of Rural Bank Indonesia (Perbarindo) said that increasing the amount of minimum capital for the establishment of an RB contained in the new OJK regulations will make the better resistance RB industry.
Aggregator Business Encourages the Development of the Sharia Financial Industry in Indonesia: https://www.wartaekonomi.co.id/read204365/bisnis-agregator-picu-perkembangan-industri-keuangan-syariah-di-indonesia.html/21 November 2018
The aggregator business model of financial technology (fintech) companies, Alami sharia is considered capable of creating solutions to overcome challenges in the Indonesian sharia finance industry and hopes to increase the penetration of the sharia finance industry at only 5.6% at present. CEO and Founder of Alami, Dima Djani said that the penetration of sharia banking in 2017 and 2018 in Indonesia was low compared to other Muslim majority countries.
Some of the factors that influence this are such as the low level of sharia financial literacy (an average of 8%) and the negative public sentiment about sharia compliance. In addition, the market share for sharia banking is low, around 5.6% and performance that is not yet optimal, ie the average NPF of 3.8% is also a factor that hinders the development of sharia finance in this country. In fact, the opportunity for the sharia finance industry is large. Therefore, this company intends to invite young professionals to advance the sharia economy in Indonesia so that it can be more accepted and felt by the nation's next generation through technology and sustainable business models.
People's Credit Banks in Indonesia
Indonesia Industry Report and Market Research
October 10, 2023
Industry Code : K81113
Forecast to : 2027
Definition
People's Credit Banks in Indonesia This class consists of banking activities, which only receive money in the form of savings and deposits and provide small-scale, short-term credit to people within a specific working area, usually local.
Activities
The primary activities of firms in this industry are:
The People's Credit Banks industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
