Jakarta - The Financial Services Authority (OJK) assesses that the bullion business has the potential to increase retail gold consumption which will spur growth in the gold industry and the overall business in the gold ecosystem with additional added value of up to IDR 30-50 trillion.
"Therefore, the potential will certainly be very large supported by the current bullion bank business development ecosystem, including producers, refiners , manufacturers , wholesalers , and retailers as well as the community who use precious metals as a means of investment and business development," said the Chief Executive of Banking Supervision (PBKN) of OJK Dian Ediana Rae in Jakarta, Friday.
Dian views, the prospect of gold bank business or bullion bank in the future is expected to be better. Based on the results of the research conducted, he said, the bullion business can maximize the added value of gold resources in Indonesia, both gold from mining and gold stocks owned by the community.
"The development of the bullion business will provide benefits for three parties, namely the government, the community and business actors, as well as financial services institutions (LJK)," said Dian.