Indonesia makes headway in curbing its unbanked population

“The inclusion of unbanked Indonesians has been a top priority for our country in recent years, and we are emboldened by the global recognition of our progress, raising the bar for our entire region,” said Coordinating Minister for Economic Affairs and Daily Chair of the National Council of Financial Inclusion, the Republic of Indonesia, Darmin Nasution.

A greater number of residents are also turning to their accounts for savings purposes as four in 10 (42%) of account owners save at a formal financial institution like a bank or a microfinance organisation, higher than the global average of 32%.

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