Digital Service Innovations, Big Banks’ Way to Dominate Market
Monday, May 6, 2024
The four big banks that dominate the Indonesian banking market are backed by strong capital and major innovations. Small banks will have an even smaller piece of the pie.
AS a Generation Z person, 20-year-old Akmal enjoys the Livin’ by Mandiri digital service provided by Bank Mandiri (Persero) Tbk. Aside from making transactions or checking the money transferred by his parents, Akmal also uses the digital banking application to try a new experience: investing.
Livin’ allowed Akmal to buy government bonds ORI025T3 in February. “Now I am waiting for the coupon,” said the geophysics stud
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More