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rural-bank

Regulations 1 year ago

PREMIUM
OJK targets ‘zombies’, ‘parasites’ in rural bank scrutiny

The initial purpose of rural lenders, namely to serve small businesses, has been hampered by the broader market coverage of major banks and digital financial services, experts say.

Editorial 4 years ago

Financial literacy key

Jokowi ordered state-owned banks to increase their non-guaranteed loans to up to Rp 100 million for micro, small and medium enterprises from a previous limit of Rp 50 million as part of efforts to fight marauding digital loan sharks.

Business 4 years ago

PREMIUM
Komunal bags $2.1m in series A funding

East Ventures and Skystar Capital led the second funding round for the Indonesian fintech start-up, which wants to help rural banks source funds from depositors throughout the country.