OJK with PT Pegadaian and Financial Services Institutions Hold Finance Exhibition at Ratu Indah Mall in Makassar
Oct 2 2014
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Financial
Services Authority: Financial
literacy survey in 2013 showed that level of financial literacy nationally was
still low (21.84%). The low level of financial literacy occurred in all
class of society. Financial Services Authority (OJK) therefore launched
blueprint of national strategy on financial literacy on November 19, 2013, in
order to improve financial literacy in society.
The national strategy consists of three
pillars, and one of them is education and national campaign on financial
literacy. This pillar has strategic programs, among others are exhibition and
seminar on financial education for society so as to leverage understanding
about financial products and services.
OJK in cooperation with state-owned pawnshop PT
Pegadaian and other financial services institutions held a finance exhibition
at Ratu Indah Mall in Makassar, South Sulawesi on September 19, 2014. The exhibition
was aimed at giving information to society about products and services offered
by financial services industry that is supervised by OJK. The industry includes
banking, insurance, finance companies, pension fund, capital market and pawnshop.
Member of OJK Board of Commissioners Firdaus
Djaelani expected that the exhibition would make society understand more about
products and services offered by financial services institutions. Thereby,
society would use the offered products and services.
The
exhibition event was also used as a way to give explanation that the program is
a continuance of OJK`s program, by cooperating with financial services
institutions and regional government, to improve society`s literacy on
financial products and services, considering result of survey in 2013 showed
that society`s literacy and utility on products and services from financial
services institutions was still low.
Furthermore,
the finance exhibition was hoped to be able to tighten the cooperation between
OJK, financial services industry (banking, capital market, insurance, pension
fund, finance companies and pawnshop), and regional government. Thereby, all
parties can improve society`s literacy and utility on financial products and
services.