OJK: Batam Residents Make Online Loans Worth IDR 158.9 Billion In The January-May 2022 Period

Illustration. (Photo: Doc. Antara)

JAKARTA - The Financial Services Authority (OJK) recorded the number of Batam residents' loans on online loans or online loans (pinjol) for the January-May 2022 period reached Rp158.9 billion from 160,882 borrower accounts.

Head of the Riau Islands Province Financial Services Authority (OJK), Rony Ukurta Barus in Batam, Monday, August 1, said the loan covers 102 loan service providers registered with the OJK license.

"The number of loan recipients in Riau Islands from January to May 2022 is 160,882 accounts, with a nominal loan distribution of Rp. 158.9 billion," he said, as reported by Antara.

Meanwhile, he added, for the number of lenders in the Riau Islands there were 5,234 accounts with a total loan nominal of Rp. 9.8 billion.

"Then for the lender, the lender, who is domiciled in Riau Islands, has 5,234 accounts, the loan nominal is Rp. 9.8 billion. For this lender, it can be from Riau Islands, or it can be from outside the province, because this is technology-based," said Rony.

Furthermore, he asked the public to check the legality of the loan on the OJK website, www.ojk.co.id or through the consumer protection application, www.kontak157.ojk.co.id before making a loan transaction.

"So the public can access it and can see when there is an offer, the company that gives it is registered or licensed at the OJK," said Rony.