Dedi Mulyadi Plans Village To Be A Shareholder Of Bank BJB

West Java Governor Dedi Mulyadi plans to replace the transfer of funds from the provincial government to villages, into shares of Regional Owned Enterprises (BUMD) such as PT Bank Jabar Banten (BJB) from 2027 to 2029.

The reason, said Dedi, is that his party is targeting all district/city, provincial and village infrastructure revitalizations to be completed in 2027, 2028, and 2029 when Dedi last serves.

"In that year, I wanted the provincial government to share shares with the village, namely shares in banking," said Dedi, quoted by ANTARA, Wednesday, August 27.

Despite his desire, Dedi admitted that he did not know the mechanism, but he said he would find a way so that villages would become part of local government-owned banking stocks such as transferring transfers to villages in the form of shares.

"We are still looking for, for example Bank Jabar (BJB), now later the village will become part of the shareholders in BJB, so the money that we distribute to the village will be bought shares, my plan is like that," he said.

It is known that currently, local-owned banks in West Java, most of which are not in the form of open companies (PT) and are listed on the stock exchange as a stock trading center.

Until now, which has an open company status and is listed on the Indonesia stock exchange, are PT Bank Pembangunan Daerah Jawa Barat and Banten (BJB) which is registered with the stock code BJBR.

BJB is an issuer whose shares have been listed on the IDX since 2010, and have issued various bonds on the Indonesia Stock Exchange (IDX), such as the IV Sustainable Subordination Bonds.

In addition, Bank BJB also has a subsidiary of BJB securities which is the first regional securities company in Indonesia with the broker code JB, and Bank BJB is registered as a user of the Alternative Market Organizing System (SPPA) on the IDX.