Indonesia regulator to ink bilateral pacts with 6 nations to enable banks to expand in Asia

Indonesia regulator to ink bilateral pacts with 6 nations to enable banks to expand in Asia

Visual from the OJK website

Indonesia’s financial regulator Financial Services Authority (OJK) is looking at entering into bilateral ‘reciprocity’ agreements with six countries including Singapore, Australia, Myanmar, Vietnam, Cambodia and India next year, a move that will allow its banks easier access as they expand in Asia.

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