Bank Jakarta Collaborates With Street Vendors, Pramono: Comfortable Trade, Not Chased By Satpol PP

DKI Jakarta Governor Pramono Anung/DOK Public Relations DKI Provincial Government

Regional development banks (BPD) are collaborating with the Indonesian Street Vendors Association (APKLI) of Struggle to expand access to financial services to micro, small and medium enterprises (MSMEs), especially street vendors who are the backbone of the populist economy in Jakarta.

DKI Jakarta Governor Pramono Anung, assessed that through this collaboration, the government can improve the people's economy through markets and small business actors must be a priority for Jakarta's development.

"The point is how the lives of street vendors get better. The Satpol PP is not being chased, can trade safely, can school their children. The most important thing is that their lives get better," Pramono said in his statement, Wednesday, July 23.

Pramono assessed that this collaboration marks more massive and sustainable financial inclusion efforts, through the use of Bank Jakarta products and services.

The former Cabinet Secretary emphasized that people's markets play an important role in national economic development.

"One of the other heart that must be moved is the people's market. And that is the main pulse of our economy," he continued.

Meanwhile, the President Director of Bank Jakarta, Agus H. Widodo, said that this collaboration is in line with Bank Jakarta's vision as an inclusive and proactive financial institution in supporting the economic empowerment of the people.

"We welcome the cooperation with the APPLI Perjuangan. This is part of Bank Jakarta's commitment to provide affordable, relevant, and empowering financial services, especially for informal sector business actors," said Agus.

The scope of cooperation to be carried out includes the use of Cash Management System services, including financial management and payment transactions; opening of deposit products such as savings, demand deposits, and deposits; provision of micro, small and medium financing facilities, as well as access to other banking products in accordance with applicable terms and conditions.

In addition, cooperation also includes institutional promotion programs through various media, exhibition activities, product socialization, information collaboration, and the development of other forms of cooperation that will be agreed upon according to the needs of both parties.

Through this collaboration, Bank Jakarta and APKLI Perjuangan agreed to build a system that encourages member financial independence and accelerates digital transformation in the business activities of street vendors in Jakarta.