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Thursday, August 25, 2016

OJK: Only 35% Population has Access to Financial Services

Call center officer serve the public complaints in Financial Services Authority (OJK), Jakarta, July 12, 2016. Tempo/Tony Hartawan

TEMPO.CO, Jakarta - The Financial Services Authority (OJK) Board of Commissioners' chairman Muliaman D. Hadad said only 35 percent of Indonesians have access to financial services. This low rate of inclusion is caused by several factors.

To address this problem, the OJK and the Jakarta Provincial Government are working together to run programs by the Regional Financial Access Acceleration Team (TPAKD) for the Jakarta area.

The team was formed with the aim to improve the financial literacy of Indonesian, especially Jakarta residents. Hadad said the team formation is also aimed at bringing the public closer to lending facilities.

"Bringing people closer to money will make the people more prosperous," hadad said in Jakarta, Thursday, August 25. 

Hadad said fast-tracking the availability of financial access is also instructed by President Joko Widodo.

"The governor (Basuki Tjahaja Purnama) said Jakarta will have an infrastructure that will serve more non-cash transactions. This is how we can increase market penetration and introduce technology," Hadad said.

LARISSA HUDA


Source: OJK: Only 35% Population has Access to Financial Services

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