SDC: "Weakening Rupiah is a Challenge for OJK and BI"
In facing the ASEAN Economic Community (AEC), the Financial Services Authority (OJK) and Bank Indonesia (BI) need to encourage the formation of strong banks with strong competitiveness.
After the revocation of Government Regulation in Lieu of Law (Perppu) No. 4 of 2008 concerning the Financial System Safety Net (JFKS) it has been agreed to be revoked. This will be very dangerous, when a financial crisis occurs that has a systemic impact, because no one is responsible. "Moreover, currently the Rupiah has weakened to the level of 14,000 and is already worrying, of course the most affected are banks, because there are many obligations that must be met by banks in foreign currency (forex)
This happened in 1998 when the economic crisis occurred which caused Bank Century to be bailed out," said academic from USU Wahyu Ario Pratomo. in the Talk Show Sumut Discussion Club (SDC) held by Universitas Prima Indonesia (Unpri) and RE Foundation with the theme "The Role of OJK and the Readiness of the North Sumatra Banking World in Facing MEA 2015T, in the multipurpose room of the Royal Prima Hospital Medan, Thursday (8/27). ;
Wahyu said, if this is not anticipated immediately, it is feared that if there is a bank that fails to pay, this is dangerous. No one will be
responsible. Who wants to be responsible, whether a particular bank wants to be saved or not. Although in the OJK Law there is a Financial System Stability Coordination Forum (FK5SK).
The challenges that OfK oversees are very large and make this institution super. But can irri run well? Of course, OJK must prepare reliable Human Resources (HR) so that it can carry out its functions properly, "he said.
External challenges, in the MEA market, there will be free flow of goods, services, investment and capital. Indonesian banking will compete with large banks from neighboring countries that can provide sources of banking financing with low interest rates such as from Singapore and Malaysia, while in Indonesia financing with high interest rates
Meanwhile, Lukdir Gultom as Director of Bank Supervision KR 5 Sumatra OJK said, in carrying out its duties, OJK coordinates with Bank Indonesia in making supervisory regulations in the banking sector, including the obligation to fulfill minimum bank capital, integrated banking information systems, policies for receiving funds from abroad, receiving foreign currency funds and foreign commercial loans, and so on.
Related to facing the MEA, OJK considers it important to support the integration of ASEAN banking in advancing a broader, more efficient and stable national banking business in the ASEAN region. So that OJK agreed to sign a heads of agreement in the framework of the journey towards the implementation of the Asean Banking Integration Framework (ABIF) in 2020.
According to him, ABIF for Indonesia is an opportunity and potential for Indonesian banks and business actors to expand into the Asean market. In the future, there will be greater opportunities for Indonesian banks to gain market access and wider business activities in the Asean region, where QAB (Qualified ASEAN Bank) from Indonesia will receive the same treatment as local banks.
The SDC, hosted by DR RE Nainggolan, MM, presented speakers, BI representative Budi Trisnanto, academics Prof. Polin Pospos, Kasim Siyo, banking representatives, BPS, Pegadaian, LPJK Chairperson Mimiati Pasaribu, Inkindo Chairperson Ricardo Manurung, and was attended by BPH Unpri Chairperson DR Tommy Leonard, SH, MKn, Rector Prof. Djacobus Tarigan.
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2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.
2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.
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2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.
2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.
2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.
2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.
2017-01-03 08:39:06 by Abednego S. Karo Sekali
Dalam menghadapi Masyarakat Ekonomi Asean (MEA) atan Asean Ecconomic Community (AEC), Otoritas Jasa Keuangan (OJK) dan Bank Indonesia (BI) perlu mendorong terbentuknya bank-bank yang kuat dan memiliki daya saing kuat.