OJK Appreciates Bank Jakarta's Support for Creative Economy Development
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- OJK praised Bank Jakarta's support for the Jakarta Creative Economy Development Program.
- Bank Jakarta's contribution strengthens the creative economy, a key driver for Jakarta's transformation into a global city.
- Collaboration between regulators, local government, and banks is crucial for sustainable creative economy growth.
The Financial Services Authority (OJK) has commended Bank Jakarta for its support of the Regional Economic Development (PED) Program in DKI Jakarta. This contribution is seen as vital in bolstering the creative economy, which is a significant factor in Jakarta's ongoing transformation into a global city.
Nuning Isnainijati, Head of the OJK's Directorate for Supervision of Financial Service Business Actors, Education, Consumer Protection, and Strategic Management Services, highlighted Bank Jakarta's active role in supporting the priority program of the DKI Jakarta Regional Financial Access Acceleration Team (TPAKD). "We extend our thanks and appreciation to Bank Jakarta for its support and contribution to the PED program, which is one of the flagship programs of the DKI Jakarta Provincial TPAKD in encouraging the strengthening of the creative economy sector as a game-changer for accelerating the realization of the vision of a top 20 global city," Nuning stated.
Bank Jakarta has demonstrated a commitment to building the creative economy ecosystem, particularly within the event organizing sub-sector. Their involvement spans from the initial discussion stages through to the implementation preparation of the program. Nuning emphasized that the synergy between regulators, local government, and the banking sector forms a critical foundation for strengthening the creative economy ecosystem sustainably. "We will continue to strengthen this synergy and collaboration as a foundation for future sustainable cooperation," she added.
Iwan Setiawan, Head of Bank Indonesia Representative Office for DKI Jakarta, echoed the sentiment, stating that cross-institutional collaboration is essential for driving Jakarta's economic transformation. He pointed to the Jakarta Creative Festival as an example, which not only promotes the creative economy but also accelerates transaction digitalization, expands financial inclusion, and enhances the capital city's competitiveness. "We hope the Jakarta Creative Festival 2026 can strengthen Jakarta's steps towards becoming a creative, inclusive, competitive, and sustainable global city at the gateway to Jakarta's five-century anniversary. This entire series underscores the strong commitment of all institutional elements in DKI Jakarta to jointly advance Jakarta's economy," Iwan concluded.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.