OVO Claims It's Now Indonesia's Largest Fintech Ecosystem

... . OVO later expanded to other financial services, including peer-to-peer (P2P ... recently secured license from the Financial Services Authority (OJK). Thanks to Bareksa's partnership ... also helped the government improve financial inclusion. "Almost 30 percent ...

OJK Employee Detained for Alleged Bribery

... employee of the Financial Services Authority, or OJK, has been named suspect ... according to the prosecutor. OJK spokesman Anto Prabowo said ... disciplinary misconduct. "The OJK holds firm the presumption ... commissioner of the OJK overseeing the capital market ...

Taiwan's Cathay Life Seeks to Increase Ownership in Bank Mayapada

... for banking supervision at the Financial Services Authority (OJK), said on Monday. Hariyono Tjahjarijadi ... allow Mayapada to expand its services. Hariyono said the ownership structure ... also said that Mayapada's financial condition had improved and stabilized ...

State Auditors File Police Complaint Against Benny Tjokrosaputro

... provided an official estimate of financial losses to the state incurred ... as "corporation suspects" and a Financial Services Authority (OJK) executive as a new individual ...

Stimulus Spending Faces Delays as Indonesia Braces for Q2 Contraction

... an ongoing process with the Financial Services Authority (OJK) to establish a database and ...

Indonesia Bound for U-Shaped Recovery: Report

... benchmark interest rate, while the Financial Services Authority (OJK) has issued regulations for loan ...

BCA's Q1 Result Lends Solid Footing as Bank Restructures Loans to Help Businesses

... percent cap set by the Financial Services Authority (OJK). But, the lender has doubled ...

Bangkok Bank Completes Permata Takeover

... securing an approval from the Financial Services Authority, or OJK. "We welcome Bangkok Bank ... 're focused on strengthening our financial performance and moving toward further ...

South Korea's Kookmin Bank to Seize Control of Bukopin

... on Monday, following the Financial Services Authority's (OJK) announcement that it ... controlling shareholder," Anto Prabowo, OJK's deputy commissioner for ... its digital banking. The OJK put Bukopin under monitoring ... loans cap set by the authority. In 2018, the ...

What Is Behind the Fall of Banking Stocks Last Week?

... Bank Mandiri. The latest OJK data showed banks non-performing ... percent cap required by the authority. The regulation, which came ... "The government, BI, and OJK are aware of these prospects ... and the Financial Services Authority. "That is why BI and OJK are doing ...