Maybank Opens Opportunities To Return To Operation In Aceh Region

Photo: Doc. Antara

JAKARTA - President Director of PT Bank Maybank Indonesia Tbk Taswin Zakaria said the company opened the opportunity to operate again in the Aceh Province in line with the Qanun revision Number 11 of 2018 concerning Sharia Financial Institutions (LKS).

"With this change, we will review later whether it can be added there. It really feels like yesterday's incident, this is a conventional bank opportunity for participation. If not this year," said Taswin, quoted from Antara, Wednesday, May 24.

The Aceh Provincial Government (Pemprov) is in the stage of revising Qanun Number 11 of 2018 concerning LKS, which will allow conventional banks to resume operations in the province.

Taswin said the steps to be taken by the Aceh Provincial Government were good and wise, which in the future could provide alternative banking services for the people of Aceh.

"I think it's good, because in the past we wanted to change Qanun, we saw that it might be a little dangerous, because if the foundation is only one system, later if there was an incident yesterday how the largest bank was disrupted, which in the end one province was disrupted," said Taswin.

Previously, after the implementation of Qanun LKS since 2018, all conventional banks stopped their operations in Aceh Province, which until now the region only uses banking services from Bank Aceh Syariah (BAS) and PT Bank Syariah Indonesia Tbk (BSI).

At the time of Qanun's implementation Number 11 of 2018, Taswin said that Maybank Indonesia already has three conventional branches in Aceh Province, which was eventually cut into one Sharia Branch Office (KCS).

He said the company did not yet have a plan to open another conventional branch office in Aceh Province in the near future, his party would review it first and see future developments regarding the reopening of the company's KCS.

"Will it come this year? Maybe not this year. We will see its progress again in the future," said Taswin.

Meanwhile, the Financial Services Authority (OJK) supports the plan to revise Qanun Number 11 of 2018 concerning Sharia Financial Institutions (LKS) in Aceh Province.

"The regulations issued by the central and regional governments should always pay attention to this, so as not to harm the interests of the general public and economic progress," said OJK Banking Supervision Chief Executive Dian Ediana Rae.