Attention! Bill P2SK Will Remove The Existence Of BPR In National Banking

Member of Commission XI DPR from the PDIP faction Andreas Eddy Susetyo (third from the right) when conveying the mini-view of the faction (Photo: Capture the screenshot of Commission XI's Youtube)

The DPR Commission XI Working Committee Meeting on the Draft Law on the Development and Strengthening of the Financial Sector (RUU P2SK) today revealed that it would abolish the existence of a Rural Banks (BPR) in the national banking system.

This emerged after the mini-view of the Indonesian Democratic Party of Struggle (PDIP) which was conveyed by legislator Andreas Eddy Susetyo.

The P2SK Bill accommodates the change of People's Credit Banks into People's Economic Banks. So that with this law, BPR will be able to change clothes to become a People's Economic Bank," he said at the Senayan Parliament Complex, Jakarta on Thursday, December 8.

The same thing was also expressed by a member of Commission XI Mukhamad Misbakhun who conveyed the views of the mini-Faction of the Golkar Party (Golkar) in the P2SK Bill.

The Golkar Party faction appreciates the P2SK Bill Working Committee agreement that places the People's Credit Bank (BPR) as the People's Economic Bank. This is a momentum to give a stronger role to the Bank of the People's Economy in the national economy of the MSME sector," said Misbakhun.

For information, the People's Credit Bank was designed from the start to serve the needs of the community and business actors of the populist sector (MSMEs) and is local (based on the area and working area).

Meanwhile, the types of credit and financing provided tend to be small compared to conventional banks and national sharia which can disburse funds in the amount of jumbo.