In this regard, going forward, we plan to broaden banking service access by way of a non-conventional measure through the use of information technology, telecommunication, and agent cooperation or familiarly known as branchless banking or mobile payment. Through this strategy, banking services will reach every layer of the society without having to physically present the bank office. Distinguished ladies and gentlemen, 101.
In this regard, branchless banking must be implemented in phase with due consideration on potential risks that may occur, including its impact to the financial stability. On that account, in early 2013 Bank Indonesia will issue guidelines on the implementation of branchless banking which will be followed by the issuance of a number of supporting regulations. 102.