JAKARTA (Bernama-Antara): Indonesia's financial services sector was able to face global-level upheavals occurring currently, including the policy of high interest rates for protracted time periods or higher for longer, Financial Services Authority (OJK) Chairman Mahendra Siregar stated, reported Antara news agency.
"The financial services sector has remained stable in the face of increasing global uncertainty, as demonstrated by the impact of a strong capital style, adequate liquidity conditions, and a maintained risk profile," Siregar remarked at a press conference on OJK Monthly Board of Commissioners Meeting (RDKB) in October 2023 in Jakarta, Monday.
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