JAKARTA (The Jakarta Post/Asia News Network): Business conglomerates and some of the richest individuals in the country have been flocking to invest in digital banking as consumers rapidly adopted online services during the Covid-19 pandemic.
Bank Indonesia (BI) estimates that digital banking transactions grew 19.1 per cent to Rp 32.2 quadrillion (US$2.25 trillion) last year, much faster than the 1.5 per cent increase logged in 2020.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
