Indonesian Banking Industry Still Draws Foreign Banks Investors

The Financial Services Authority (OJK) claims that foreign investments from countries such as Japan and South Korea in Indonesia’s banking sector will continue to flow in 2024.

Fahmi Ahmad Burhan

26 Feb 2024 - 19.00
A-
A+
Indonesian Banking Industry Still Draws Foreign Banks Investors

Illustration - Banking office building.

Bisnis, JAKARTA — Several banks in Indonesia are owned by foreign actors, who still conduct investments and capital injections to this day despite fierce competition in Indonesia’s banking sector.

Some of them have disclosed their plans, noting opportunities for innovation and expansion in the financial services industry, including in digital banking, financial technology (fintech), and financial inclusion. The Financial Services Authority (OJK) reports that investments from foreign actors in the banking sector will continue to flow this year. 

Dian Ediana Rae, OJK’s Chief Executive for Banking Supervision, said that several factors attract investment in Indonesia’s banking sector, such as stable economic growth and a large population.

“OJK periodically receives various permit applications from foreign investors, including those who want to strengthen bank capital through rights issues,” Dian told Bisnis on Thursday (2/22/2024).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Yusuf Waluyo Jati
Jelajahi peluang bisnis terpercaya dengan berlangganan
Temukan keleluasaan dan keuntungan maksimal dengan pilihan paket berlangganan eksklusif ini
BERLANGGANAN SEKARANG
Tidak Memerlukan Komitmen, Batalkan Kapan Saja
Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.