In Indonesia, the government’s policy objectives are to strengthen the financial services sector to contribute to medium- to long-term growth and to stabilize the financial system as a basis for sustainable economic development. A project to establish and operate a securities finance company in Indonesia was launched in 2014, and in December 2016, PT Pendanaan Efek Indonesia (PEI) was established with investments by three companies, including the Indonesia Stock Exchange.
As part of the infrastructure of the Japanese securities market, JSF has been actively supporting this project since its beginning in ways such as providing knowledge of securities financing, and acquired a 10% stake in PEI in August 2020 through an investment of ¥400 million. Going forward, we will further utilize the knowledge we have accumulated in the securities finance business to support PEI and Indonesia Stock Exchange Group in their business development and market infrastructure improvements, and continue to strengthen cooperative relationships with all parties involved as we contribute to the sustainable development of Indonesia’s economy as well as its financial and securities markets.
