JAKARTA (The Jakarta Post/Asia News Network): Business conglomerates and some of the richest individuals in the country have been flocking to invest in digital banking as consumers rapidly adopted online services during the Covid-19 pandemic.
Bank Indonesia (BI) estimates that digital banking transactions grew 19.1 per cent to Rp 32.2 quadrillion (US$2.25 trillion) last year, much faster than the 1.5 per cent increase logged in 2020.
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