The event was held in collaboration with the Regional Financial Access Acceleration Team (TPAKD), according to a statement from Farid Faletehan, head of OJK Malang, on Friday.
“Migrant workers contribute significantly to supporting thousands of families in this region,” he said. “We don’t want their hard-earned income to go to waste due to poor financial literacy.”
During the session, participants received lessons on personal finance from the OJK, financial planning from certified financial planners, and information on social protection programs from the BPJS Ketenagakerjaan (Workers Social Security Agency).
They also learned about savings products, mortgage options, and mobile banking services offered by state-owned Bank Negara Indonesia (BNI).
The goal, according to the statement, is to help future migrant workers manage their finances wisely, avoid fraud, and take full advantage of financial services—allowing them to secure long-term benefits for their families, their futures, and regional economic growth.
The 2025 National Financial Literacy and Inclusion Survey (SNLIK) shows Indonesia’s financial literacy rate at 66.46 percent, while financial inclusion stands at 80.51 percent.
This means, many Indonesians use financial services without fully understanding them, making them more vulnerable to fraud, Faletehan said.
The event was part of the Financial Literacy Month (Bulan Literasi Keuangan, or BLK)—a national program organized by the OJK to boost public financial awareness and access.
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Translator: Martha Herlinawati Simanjuntak
Editor: Anton Santoso
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