TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search results
The majority of Indonesians are still highly reluctant to invest. They would rather keep their money in time-deposit accounts as opposed to in investment instruments. This is exhibited by that fact that out of approximately 60 million Indonesians who have savings accounts, only 3.8 million have time-deposit accounts. Meanwhile, only 1 million individuals have investment accounts with the Indonesia Stock Exchange (IDX).
The involvement of financial technology (fintech) companies in the field of peer-to-peer (P2P) lending has attracted attention from the public and regulators, namely the Financial Services Authority (OJK) and Bank Indonesia (BI). Players within the financial services ecosystem expect P2P lending to become a solution for the lack of access to financial services in the country and to achieve financial inclusion through synergy with other financial institutions and technology companies.
