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OJK Meets RI’s Biggest Lenders to Prepare for Economic Challenges

From The Jakarta Post
March 13, 2015


On Friday, The Financial Services Authority (OJK) met with representatives from the 16 biggest lenders nationwide in Jakarta to discuss the readiness of financial players to face challenges in the domestic economy amid the continuous depreciation of the rupiah.

“We want banks to be prepared for the challenges,” OJK chairman Muliaman D. Hadad said as quoted by kontan.co.id.

Among banks represented at the meeting were state lenders Bank Mandiri, Bank Negara Indonesia (BNI), Bank Tabungan Negara (BTN) and Bank DKI Jakarta (Bank DKI), as well as the privately run Bank Central Asia (BCA), Bank CIMB Niaga, Bank Permata, and Bank Danamon.

Gatot M. Suwondo, BNI president director added that one of the issues discussed on Friday was the supply of both the domestic currency and the US dollar in the market.


For detailed story, visit here

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