Indonesia Prepares Mass Bank Accounts to Boost Financial Inclusion
Indonesia is preparing to introduce 'mass accounts' designed for easy opening to expand financial inclusion. The initiative aims to improve access for previously unbanked populations. Specific procedures and eligibility criteria are expected to be announced soon.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- EMTK Sells 99.99% Stake in Indopay Merchant Services for Portfolio Optimization
PT Elang Mahkota Teknologi Tbk (EMTK) has sold a 99.99% stake in its subsidiary PT Indopay Merchant Services (IMS). This strategic move aims to optimize the company's investment portfolio and enhance asset management efficiency.
- Rupiah Weakens, Investors Turn to Foreign Exchange Strategies for Risk Mitigation
As the Indonesian Rupiah weakens against the US Dollar, investors are increasingly employing foreign exchange switching strategies to protect assets and seek profit opportunities. High dollar demand is identified as a primary driver of the Rupiah's depreciation.
- IDX80 Companies Post Strong Profit Growth, Driven by Commodities
Indonesian IDX80 index constituents reported robust profit growth in Q3 2026, primarily supported by a strong performance in the commodity sector. However, growth moderates without commodities, and declining profits in certain sectors pose a challenge.
- Pemalang DPRD Members Under KPK Scrutiny for Activities with Regent
Indonesia's Corruption Eradication Commission (KPK) has begun investigating two members of the Pemalang Regional People's Representative Council (DPRD) for alleged involvement in 'activities' with Regent Anom Widiyantoro. While specific details of these activities remain unclear, concerns about potential bribery and favoritism, common breeding grounds for corruption, have been raised.