Indonesian central bank gains to Victoria
(22 March 2016 – Indonesia) Indonesia’s central bank, the Financial Services Authority (OJK), has signed an agreement with the Victorian government as part of efforts to help local financial services expand their businesses there.
The agreement with the financial centre aims to help OJK staffers improve their capacity by learning from the Australian institution.
OJK Institute head Toto Zurianto signed the memorandum of understanding last week, while the state of Victoria was represented by Richard Bolt, state secretary of economic development, jobs, transport and resources department.
Witnesses to the signing included OJK chairman Muliaman D. Hadad, Victoria’s State Premier Daniel Andrews.
“We also hope that the partnership opens doors for future leaders of Indonesia’s financial services industry to increase their capacity,” Hadad said in a statement.
As for the deal with the Victoria administration, Hadad said both parties had agreed to work together on the development of access to financial services for rural areas, financial technology as well as international relations and communication.
He said both parties were also expected to discuss making it easier for Indonesian financial services firms to do business in Victoria.
The agreement would also enable both parties to conduct joint studies and exchange information as well as providing technical support and scholarships, he added.
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