#illegal online lending

Collection of illegal online lending news, found 28 news.

OJK blocks 233 illegal online lenders in less than two months of 2024

The Financial Services Authority (OJK) has blocked 233 illegal online lenders in the period from January 1 to February ...

Govt committed to improving tech to fight online gambling: minister

The government is committed to improving digital space technology to tackle online gambling and illegal online loans in ...

155 illegal fintechs stop operations as of May: OJK

As of May 31, 2023, the Financial Services Authority (OJK) and the anti-investment scam task force (SWI) have ...

Govt extends moratorium on savings and loan cooperatives' licensing

The Ministry of Cooperatives and Small and Medium Enterprises has issued a new circular to extend the current ...

Women's economic empowerment crucial to prevent online loan trap

Official of the Ministry of Women's Empowerment and Child Protection Eko Novi Ariyanti underscored the importance ...

Most victims of online lending are women: Ministry

From as many as 2,522 cases of online lending recorded in 2021, most of the victims are women, according to an official ...

Need comprehensive rules on personal data use by P2P lenders: BPKN

The National Consumers Protection Agency (BPKN) has asked stakeholders to devise more detailed regulations on access to ...

Need to realize Perpres on southern West Java development: governor

West Java Governor Ridwan Kamil has called for the realization of Presidential Regulation (Perpres) No. 87 of 2021 in ...

West Java designates first school of tolerance in Indonesia

The West Java provincial authority designated the Depok State Senior High School 1 as the first school of tolerance in ...

OJK should act promptly against finance service industry violations

Member of the House of Representatives' (DPR's) Commission XI Masinton Pasaribu pressed for swift action from ...

Gov't has zero tolerance for illegal online lending: minister

The Indonesian government will not tolerate illegal online lending given its detrimental impact on the community, ...

Losses from illegal schemes, loans reach US$8.2 bln in 2011--2021

Losses due to illegal investment schemes and loans involving millions of victims reached Rp117.4 trillion or about ...

Government's role in safeguarding citizens from illegal online loans

The community has recently become aware of the practice of illegal online lending. Some people were under the false ...

Financial technology boosts financial inclusion: Aftech

The presence of financial technology (fintech) companies can encourage the acceleration of financial inclusion in ...

Govt to revoke permits of co-operatives operating illegal online loans

The Ministry of Co-operatives and Small and Medium Enterprises has decided to crack the whip on savings and loan ...