BRI Research Institute Reveals National Financial Literacy Index Reaches 42.7 Percent

JAKARTA - The Financial Literacy Inclusion and Index Survey and the Financial Inclusion Depth Index from BRI Research Institute stated that the position of National Financial Inclusion tarcatat increased to 87.30 percent in 2023, an increase of 3.3 percent from the previous 84 percent in 2022.

Meanwhile, National Financial Literacy was recorded to have increased by 3 percent to 42.7 percent in 2023, which was contributed by an increase in the financial product knowledge index, understanding the financial aspect, calculated ability and financial management goals.

On the other hand, the level of financial inclusion depth recorded an increase of 3.9 percent to 27.7 percent in 2023 which was measured based on ownership of investment, loans, insurance & dapen as well as ownership and use of savings.

BRI Micro Business Director Supari said that if the use of financial products/services is the main parameter for forming the Financial Inclusion Index, then the role of Ultra Micro Holding has had an impact on the growth of national financial inclusion.

Berdasarkan performa penyaluran mikro, holding ultra micro tercatat telah menyalurkan pinjaman sebesar Rp617 triliun, di mana sebesar Rp500,7 triliun disalurkan melalui BRI, Rp71,6 triliion dan Rp49,8 Triliun melalui PNM.Tren peningkatan yang terjadi mengindakan bahwa masyarakat Indonesia mulai mengalami peningkatan dalam aspek pengetahuan, ketampuan, dan percayaan yang mempengaruhi sikap dan berlerak untuk mengambilan keuangan dalam mencapai kejahteraan kata Supari dalam keterangan kepada media, Senin 13 Mei.

Supari emphasized that financial literacy is the main key in encouraging the growth of the financial industry, especially banking. Good financial literacy can make ultra micro business actors advance to the micro segment, micro segment to small segments and so on.

"This literacy will actually increase the contribution of MSMEs to national economic growth. If it is accelerated in difficult moments like this, they will be able to contribute. In fact, the contribution will increase," he added.

Therefore, according to him, BRI continues to strengthen the financial literacy of the Indonesian people with its various innovations and initiatives. In the second year the UMi Holding was formed, 3 integrated service platforms have been created.

"BRI has BRISPOT. Then Pegadaian has SELENA and PNM has PNM Digi. Everything is integrated. So the 3 marketing personnel who are almost 77,000 do not have to be accessed in the office. The three of us are marketing personnel who come to them. That's roughly the picture in the second year yesterday," added Supari.

In addition, the steps taken by the UMi holding to increase financial literacy are to conduct direct training and empowerment to regions through BRILink-Mekaar agents.

Agents from Holding UMi are also encouraged to become local marketplaces in their regions. This is to make it easier for the public to make transactions serving transaction needs from the surrounding community, such as buying credit, electricity, paying BPJS, and buying basic necessities. Being a local marketplace also increases the personal income of these agents and makes other people interested in registering as agents.

"If later one agent can have the capability as a marketplace, one village, imagine how powerful it will be. The power is not to business, but to the community who will get extraordinary efficiency," concluded Supari.