Jokowi Give Red Carpet to Foreign Investors

According to Jokowi, financial services in the world have applied openness. In fact, to open credit only, very easy. Thus, there is no other choice but to allow international banks to operate in Indonesia.
"Therefore in the future, we have no choice, we must open, including competition with international banks that enter and exist in Indonesia. All must be ready, and I think better international bnk is in Indonesia than our customers are running out, kalua me. The choice is just that, "he said at the State Palace, Thursday (15/3).
He pointed out, Indonesians who want to open savings in Singapore only takes an hour. Various needs of facilities, obtained by the existing system in the country.
"Open an account there is very easy, take credit cards is also very easy .. The loan is also very easy," said Jokowi.
So he asked the domestic banks, prepare themselves. Competition should be done better.
In response, Director of PT Bank Tabungan Negara Tbk. Budi Satria said, to some extent the need for foreign banks that will bring its customers to invest in Indonesia.
"It is undeniable that foreign investors often invest in securing their foreign investment through banks that are already accustomed to themselves," he told us. Thursday (15/3).
In addition, foreign banks also carry service standards, transactions and products that can serve as benchmarks for domestic revenue to improve the quality of services and products.
Director of PT Bank Pembangunan Daerah Jawa Timur Tbk. Ferdian Timur Satyagraha said domestic banks, including BPD, are actually ready to accommodate funds owned by domestic customers.
"Based on data of foreign bank market share of 27.2% and 5.6% of foreign branches in Indonesia so that the optimization of domestic banks can be prioritized with supporting regulations."