JAKARTA - The Financial Services Authority (OJK) confirmed that as of March 2025 there were 10 online loan providers (pindar) who had not met the minimum equity provisions of IDR 7.5 billion.
Chief Executive of the Supervision of Financing Institutions, Venture Capital Companies, Micro Financial Institutions, and Other Financial Services Institutions OJK Agusman said that of the 10 Pindar Organizers, 2 Pindar Organizers are in the process of analyzing applications for an increase in paid capital.
Agusman said that his party continues to take the necessary steps to encourage the fulfillment of minimum equity obligations for online loan providers.
"OJK continues to take the necessary steps to encourage the fulfillment of the minimum equity obligation in the form of capital injection from shareholders, as well as from strategic credible investors, including alternative business license returns," he said in his statement, Thursday, April 17.
Agusman said, as of February 2025, there were 20 Pindar Organizers who had TWP90 above 5 percent, which decreased compared to January 2025, totaling 21 Organizers.
According to him, the decrease in the amount was due, among others, to increase the ability of the organizers to facilitate the distribution of funds and improve the quality of the ongoing funding collection process.
In addition, as of February 2025, Agusman said, the Pindar industry on aggregate again recorded a profit of IDR 233.71 billion, an increase compared to the January 2025 den of IDR 152.22 billion.
"The growth in Pindar's performance shows that there is still a high demand/demand for the community, along with the increase in digital transactions," he said.
SEE ALSO:
On the other hand, Agusman said that until now, there are 4 Financing Companies (PP) that have not met the minimum equity provisions, consisting of 2 PP being in the process of returning business licenses and 2 PP being monitored for submission and/or implementation of the action plan.
Therefore, he conveyed that the OJK continues to take the necessary steps related to the progress action plan for fulfilling the minimum equity obligation in the form of capital injection from shareholders, as well as from strategic credible investors, including alternative business license returns.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
