Where Does OJK’s Stimulus on Banking Focus?

Summary

The Financial Services Authority (OJK) will provide another stimulus to the banking sector to maintain the financial industry’s stability during economic slowdown due to the Covid-19 pandemic. OJK took the decision taken after assessing that the disease tended to reduce economic activity significantly.

“OJK hopes that the measures taken to curb the Covid-19 can immediately create a new normal, where people can stay active while maintaining the health protocol. As a result, OJK can properly measure and mitigate the liquidity risk and capital adequacy ratio in the financial services industry,” OJK’s spokesperson, Anto Prabowo, explained in a press release on Thursday (5/28).

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.