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BNI and IDX Promote Capital Market Literacy and Inclusion for 10,000 Banking Industry Employees

BNI and IDX Promote Capital Market Literacy and Inclusion for 10,000 Banking Industry Employees

28/10/2023. PT Bank Negara Indonesia (Persero) Tbk or BNI is committed to supporting the authorities in advancing the Indonesian capital market. Together with the Indonesia Stock Exchange (IDX) and three other banks, the company launched capital market literacy and inclusion to 10,000 employees in the banking industry, including customers and stakeholders.

Friderica Widyasari Dewi, Chief Executive Officer of Financial Services Business Conduct Supervision, Consumer Education and Protection and Member of the Board of Commissioners of the Financial Services Authority (OJK), said that investor and consumer protection in the financial sector must be improved. The current technological and digitization challenges in the capital market present both opportunities and risks.

To mitigate this, in addition to inclusion, customers also need to be provided with assistance so that the risk factors that currently occur, such as scamming, fraud, the impact of technology and digitization, do not affect them.

"In addition, when it comes to financing, to advance the Indonesian economy, both in terms of MSMEs and the real sector, finance and capital markets work together rather than against each other. Banking is the community's entry point into the financial world, with the goal of providing safe products and services to customers. So that banking can also operate as an entrance to the world of capital markets that consumers never forget, by offering guidance with proper education and literacy," she said in a written statement on Saturday (28/10/2023).

IDX President Director Iman Rachman hopes and believes that with the literacy and inclusion program as the foundation of this collaboration, can increase the number of smart, educated local investors, especially this time to 10,000 employees of Indonesia’s leading banking industry.

This collaboration is a form of synergy that aims to increase capital market literacy and inclusion to employees in the banking industry as well as an understanding of the existence of functions, institutions, professions, products and services in the Indonesian capital market.

BNI will provide capital market literacy and inclusion through offline class training, webinars, learning curriculum for new employees, and others. Not only that, BNI also collaborates with its subsidiary, BNI Sekuritas, to open Customer Fund Accounts (RDN) online through Mobile Banking for participants.

"It has an impact on expanding the number of RDNs at BNI, allowing BNI to contribute to meeting the goal of increasing the number of new investors and investor activity on a continuous basis.

"This collaboration is a tangible manifestation of BNI's support for the capital market industry. Through this education, we hope that the participants will be more kownledgeable about investing in the Indonesian capital market,” said Iqbal.

 

 

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