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    West Java OJK Synergizes with Banking to Promote Financial Inclusion


    BANDUNG - West Java Regional Office 2 The Financial Services Authority (OJK) synergizes with the West Java Provincial Government, Bank Indonesia Representative Offices in West Java Province, PT BPD West Java and Banten, Tbk. (bank bjb) and the Regional Financial Access Acceleration Team (TPAKD) of West Java Province held a 2019 Financial Inclusion Festival Towards West Java Champion Born and Inner.

    The series of activities of the 2019 Financial Inclusion Festival consisted of exposures of the bjb bank fostered partners, talk shows, and Business Matching which was held on October 26, 2019 at Jalan Soekarno - Cikapundung River Spot, Bandung City.

    The talkshow carries the theme "Financial Independence for Millennials" with the main target audience of the younger generation both students and students and other general public to increase understanding of financial products and / or services and encourage accelerated use of financial products and / or services so that they can plan and manage finances well.

    Business Matching activities that bring together off takers (buyers) and SMEs with bjb banks as financial institutions.

    In this activity, West Java Province TPAKD also presented awards to those who had participated in the West Java Province TPAKD program, among others, to the off takers and regents.

     Off takers involved in the Business Matching program include: PT Agro Investama as an off taker for sheep farmers, PT Crowde Build the Nation as an off taker for farmers, PT Octa Citra Rajawali as an off taker from POMDes, Geraiku, and PT PG Rajawali II Cirebon as an off taker off taker sugar cane farmers group. The Regents who have supported directly include Garut Regency, Pangandaran Regency, Bandung Regency, West Bandung Regency, Sumedang Regency, Subang Regency and Bekasi Regency.

     In addition, as an appreciation for support in increasing financial inclusion in the regions, PT BPD West Java and Banten, Tbk. presented awards to the Rector of Pasundan University, IKOPIN, IPB, the Indonesian Mosque Council of West Java Province, the Indonesian Ulema Council of West Java Province and the Jampang Regional Hospital.

    The Financial Inclusion Festival is an effort to increase understanding and use of financial products and services in West Java. Synergy involving the Provincial Government, OJK, BI, Bjb bank and West Java Province TPAKD in order to increase public awareness about the importance of saving for investment and future preparation is the implementation of Presidential Decree No. 26 of 2019 concerning Indonesia Savings Day and Presidential Regulation (Perpres) No. 82 2016 on the National Inclusive Finance Strategy (SNKI), which targets Indonesia's financial inclusion index in 2019 to reach 75%.

    The head of OJK Regional 2 West Java, Triana Gunawan believes that financial inclusion in Indonesia in 2019 can reach the target.

    "But we should not immediately be complacent, because at this time the financial literacy index in Indonesia is still relatively low compared to neighboring countries despite an increase. There are still people who do not yet know the exact financial products and services and the risks inherent in those financial products and services, "he added. Jo

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