Bank Victoria Syariah President Director Responds to Allegations of Missing Customer Funds, OJK Opens Voice on the Issue – Latest News

Bank Victoria Syariah President Director Responds to Allegations of Missing Customer Funds, OJK Opens Voice on the Issue – Latest News

Jakarta – President Director of Bank Victoria Syariah (BVS) Dery Januar opened his voice regarding allegations of missing customer funds. This was in response to PT Pool Advista Finance Tbk (POLA)’s confession that deposit funds amounting to IDR 13.5 billion at BVS had not been paid. He said that Pool Advista funds were not actually … Read more

OJK Opens Investigation Into Alleged Embezzlement at Bank Victoria Syariah (BVS)

OJK Opens Investigation Into Alleged Embezzlement at Bank Victoria Syariah (BVS)

Jakarta – The Financial Services Authority (OJK) has opened its voice regarding the alleged disappearance of customer money at Bank Victoria Syariah (BVS). Previously, PT Pool Advista Finance Tbk (POLA) announced ownership of company deposit funds worth IDR 13.5 billion in BVS. However, the deposit was not paid by BVS on the grounds that the … Read more

Get ready! OJK Will Cut Hundreds of BPR Numbers

Get ready!  OJK Will Cut Hundreds of BPR Numbers

Jakarta – The Financial Services Authority (OJK) will massively cut the number of People’s Economic Banks (BPR) in Indonesia. Currently, the number is considered too large, causing various problems. Chief Executive of OJK Banking Supervision Dian Ediana Rae said the number of BPRs would be reduced to around 1,000 from the current 1,600. He confirmed … Read more

Bad Credit Increases, Pinjol Loans Reach IDR 58 T

Bad Credit Increases, Pinjol Loans Reach IDR 58 T

Jakarta – The Financial Services Authority (OJK) recorded the outstanding performance of fintech peer to peer (P2P) lending, aka online loans (tall) reached IDR 58.05 trillion as of October 2023. This amount grew 17.66% compared to the same period last year (year on year/yoy). “In fintech peer to peer lending, outstanding financing in October 2023 … Read more

Leaving the position of President Director, Ira Novianti is now selling all of Unilever Indonesia’s shares

Leaving the position of President Director, Ira Novianti is now selling all of Unilever Indonesia’s shares

Friday, 1 December 2023 – 00:50 WIB Jakarta – Former President Director of PT Unilever Indonesia Tbk (UNVR) Ira Novianti decided to sell the shares he owned in the company. After previously on October 24 he submitted his resignation. Quoted VIVA Business from Information Disclosure, Friday 1 December 2023, Unilever conveyed this through letter No. … Read more

Disentil Jokowi, OJK Boss Opens Up About Credit & Savings of Indonesian People in Banks

Disentil Jokowi, OJK Boss Opens Up About Credit & Savings of Indonesian People in Banks

Jakarta – President Joko Widodo (Jokowi) highlighted the circulation of money in society which is considered to be increasingly dry. At the same time, the number one person in Indonesia also encouraged banks to continue to encourage credit distribution, especially to MSMEs. Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Mahendra … Read more

Rampant Online Fraud in Jakarta: Commission I DPR RI Intervenes on WhatsApp Fraud

Rampant Online Fraud in Jakarta: Commission I DPR RI Intervenes on WhatsApp Fraud

Jakarta – It’s rampant online fraud and the magnitude of losses received by the community in WhatsAppmade the people’s representatives in Senayan furious and intervened. Member of Commission I DPR RI Christina Aryani said that fraud on WhatsApp is still rampant due to unclear regulations regarding Over The Top (OTT) services. Currently the regulations governing … Read more

Rampant Online Fraud on WhatsApp in Jakarta: Calls for Stricter Regulations and Action from Government Authorities

Rampant Online Fraud on WhatsApp in Jakarta: Calls for Stricter Regulations and Action from Government Authorities

Jakarta – It’s rampant online fraud and the magnitude of losses received by the community in WhatsAppmade the people’s representatives in Senayan furious and intervened. Member of Commission I DPR RI Christina Aryani said that fraud on WhatsApp is still rampant due to unclear regulations regarding Over The Top (OTT) services. Currently the regulations governing … Read more

Limitations on Akulaku Finance Indonesia’s BNPL Service Imposed by Financial Services Authority (OJK)

Limitations on Akulaku Finance Indonesia’s BNPL Service Imposed by Financial Services Authority (OJK)

Jakarta – Buy now pay later (BNPL) service on the PT application Akulaku Finance Indonesia is limited by the Financial Services Authority (OJK). This limitation has been stated in letter Number SR-1/PL.1/2023 dated 5 October 2023. Deputy Commissioner for Supervision of Financing Institutions, PMVs, LKMs and other LJKs, Bambang W Budiawan, said the restrictions on … Read more

Financial Services Authority Limits Financing Distribution of PT Akulaku Finance Indonesia

Financial Services Authority Limits Financing Distribution of PT Akulaku Finance Indonesia

CNN Indonesia Tuesday, 24 Oct 2023 12:12 IWST The Financial Services Authority (OJK) limits the distribution of financing using the PT Akulaku Finance Indonesia buy now pay later (BNPL) scheme. Illustration. (iStock/FreshSplash). Jakarta, CNN Indonesia — Financial Services Authority (FSA) limits the distribution of financing under the scheme buy now pay later (BNPL) PT Akulaku … Read more