BNI President Addresses Rush Money Issue
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Bank Negara Indonesia (BNI) president director Achmad Baiquni asked customers not to panic and get affected by solicitations to withdrawal money en masse. The so called rush-money rumor has been circulating on social media in recent days.
According to Baiquni, the rumor is baseless and irrelevant, considering Indonesia’s banking fundamentals are normal and healthy.
“Banking conditions are very good, so there should be no reason to worry,” Baiquni told.
Baiquni firmly stated that banks’ performance continues to grow, both in terms of assets, loans, deposits and third party funds. Baiquni also urged people to ignore the call to withdraw their savings from banks.
“Let’s not over-blow the issue—especially in social media. There is no need to worry,” Baiquni said.
In terms of macroeconomics, Baiquni said the rupiah is stable while the Jakarta Composite Index is slowly gaining. “Last week’s correction was only a brief Trump effect.”
Baiquni said BNI is asking customers to remain calm and not be provoked by the issue. “If there are customers who want more information about this matter and require an explanation, we are ready.”
Earlier, the Police Headquarters’ Director of Special Economic Crimes Brig. Gen. Agung Setya said the solicitation is prone to prone risks of greater crimes that can harm the public.
Questions & Answers
Q.What specifically caused the 'rush money' rumour to circulate?
What specifically caused the 'rush money' rumour to circulate?
The article states the 'rush money' rumour has been circulating on social media in recent days. BNI president director Achmad Baiquni referred to it as a 'solicitation to withdrawal money en masse' but did not specify its origin or precise content beyond that.
Q.What is the official stance on the banking sector's health in Indonesia?
What is the official stance on the banking sector's health in Indonesia?
Achmad Baiquni stated that Indonesia’s banking fundamentals are normal and healthy, with conditions being very good. He also mentioned that banks’ performance continues to grow across assets, loans, deposits, and third-party funds.
Q.How did macroeconomic factors like the rupiah and stock market perform recently?
How did macroeconomic factors like the rupiah and stock market perform recently?
Achmad Baiquni reported the rupiah is stable and the Jakarta Composite Index is slowly gaining. He attributed a correction from the previous week to a brief 'Trump effect', suggesting it was temporary.
Q.What are the potential broader implications or risks of such solicitations?
What are the potential broader implications or risks of such solicitations?
Brig. Gen. Agung Setya from the Police Headquarters’ Director of Special Economic Crimes stated that this solicitation is prone to greater crimes. He warned these activities could potentially harm the public.