06 Feb 2023 14:06
The Financial Services Authority (OJK) is instructed to reinforce its supervision on financial service industry to prevent a massive fraud case, just like what happened in Adani Group in India.
16 Jan 2023 12:52
PT Prima Master Bank, a national, privately-owned commercial bank, has been downgraded to a People’s Credit Bank (BPR) following its failure to meet the minimum core capital requirement of IDR 3 trillion last December.
10 Jan 2023 17:00
The Financial Services Authority (OJK) has revoked business licenses of four micro financial institutions (cooperative units), effective starting from last week (5/1).
