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View all search resultsThe Indonesian President conveyed the need for fintech companies to adopt best practices and pursue innovation to propel the country toward greater digital financial literacy in his opening speech for the Indonesia Fintech Summit 2020.
The assets of the country’s sharia finance industry reached Rp 1.639 quadrillion (US$111.1 billion) as of July this year, an increase of 20.6 percent compared to the same period last year, according to the OJK.
In a draft revision of the 1999 and 2004 BI laws, the House's Legislative Body (Baleg) proposed that the central bank take over the job of supervising banks from the Financial Services Authority (OJK).
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