Over the past years, the financial sector has been built on a strong regulatory and supervisory framework and a modern payments and settlement infrastructure. This has facilitated the development of a banking sector that is reasonably efficient, financially innovative, competitive, profitable, and growing quite rapidly.
Indonesia is the largest economy in South East Asia. The world’s fourth most populous country which approximately 64% of the population are in productive age, growing middle class income, and entering a period of political consolidation in an open and free democracy. All of which has gone hand in hand with positive economic performance. 9.