In commemoration of the 76th National Money Day or Hari Oeang Republik Indonesia (HORI), Bank OCBC NISP launched CurrenShe, a campaign movement that encourages women to take more prominent role in contributing to the nation’s economy. This movement is part of the Bank’s commitment in empowering women.
Subscribe to our Telegram channel to get a daily dose of business and lifestyle news from NHA – News Hub Asia!
According to the Ministry of Cooperatives and Small and Medium Enterprises, the contribution of MSMEs to the State’s National Income reaches 61.1% in 2021[1] and most of them (64.5% or 37 million) are managed by women.[2] Furthermore, a survey from Bank Indonesia conveyed that the proportion of women in strategic corporate positions continues to increase, and there is a projected additional USD 28 trillion world GDP[3] if gender equality is implemented. Thus, the role of womenpreneurs in supporting the nation’s economy is very significant.
Parwati Surjaudaja, President Director of Bank OCBC NISP said “Supporting women is smart and correct to advance our economy. We hope our CurrenShe initiatives can be a reminder on how great and powerful women have also contributed to build Indonesia.”
“We encourage women to pursue their dreams as well as aspiration, and to not be hesitated to become leaders in the economic sector. We believe that having men and women together will compliment and give greater impact. This will support the country’s acceleration in realizing Indonesia Emas 2045. However, support from all relevant stakeholders is needed to achieve this inclusiveness,” added Parwati Surjaudaja.
In supporting the realization of Indonesia Emas 2045, Bank OCBC NISP also takes role in increasing the financial literacy and inclusion through the #TAYTB Women Warriors program – a financial solution for women entrepreneurs that combines individual and business needs that is supported by beyond banking services.
Through this program, the bank continues disbursing loans amounting to IDR3.0 trillion or has increased by 38.2% YoY as of 30 September 2022. This program has a total of 1,248 women entrepreneurs, in other words has increased by 22.5% YoY. As a company, Bank OCBC NISP continues encouraging women to grow – this is reflected in the composition of the Bank’s employees, in which 54% are women. Not only that, the management structure of Bank OCBC NISP is also characterized by the presence of women; 25% of the Board of Commissioners and 44% of Board of Directors are women.
Source: Bank OCBC NISP