​Indonesia Financial Services (OJK) issued the 2023 Report for the Developments in Financial Companies, Venture Capital Corporations, Microfinance Institutions, and Other Financial Services Institutions (PVML) Sector. This report consists of comprehensive information on the growth, assets, and performance of financial service institutions within the PVML sector.

The 2023 Report for PVML Development also presents details about financial institutions in the PVML sector that operate under Sharia principles and the financing of Micro, Small, and Medium Enterprises (MSMEs) by financial institutions in the PVML sector. Additionally, the report covers policy implementation, development, licensing, and supervision conducted by OJK throughout 2023.

OJK expects that this report will benefit stakeholders while fostering collaboration among all parties to encourage and enhance the growth of Indonesia’s financial services sector, particularly the PVML sector, in line with the mandate of the Financial Sector Development and Strengthening Law (UUP2SK).