J

akarta: The Financial Services Authority (OJK) says it will coordinate closely with Bank Indonesia (BI) to improve the banking system in the country, following a recently revealed skimming case allegedly involving state lender Bank Mandiri.

Banking supervisory division executive Nelson Tampubolon said a better system needed to be created to prevent such information and technology-based skimming from recurring.

'We will improve the quality of our banking-security system. We are going to talk about this with BI,' Nelson said in Jakarta on Tuesday as quoted by Antara news agency.

He said that the OJK would review a number of regulations that were related to customers' fund security.

'We want every bank to review its security system. The current system is good but some people still can find loopholes to skim it,' he said, adding that banks would need to conduct periodic security-system reviews. /(nfo)