Indonesia - Update On Rural Banks And Sharia Rural Banks Regulations.

OJK Reg. 7/2024 strengthens and redefines the business of rural banks and sharia rural banks in Indonesia. It regulates key aspects such as establishment, ownership, management, office network, merger, consolidation, acquisition, and license revocation. Effective since April 30, 2024, this regulation aims to enhance the rural banking sector and support economic growth. #RuralBanking #financialregulation conventuslaw.com/featured-con...