The number of banks closed this year is expected to reach 20

The number of banks closed this year is expected to reach 20

Jakarta – The Financial Services Authority (OJK) has opened up about the many people’s economic banks (BPR) that have collapsed. OJK Chief Banking Officer, Dian Ediana Rae, estimates that the number of closed BPRs could reach 20 banks. Until September 2024, the number of BPR/BPRS whose business licenses have been revoked will reach 15 banks. … Read more