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UN chief appoints Hiro Mizuno as special envoy on innovative finance, sustainable investments - Xinhua
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UN chief appoints Hiro Mizuno as special envoy on innovative finance, sustainable investments
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Indonesia’s fintech lending platforms have disbursed a total of 56.16 trillion rupiah ($3.98 billion) in new loans as of October this year, marking a 23.88 per cent year-on-year increase. Photo supplied
Indonesia P2P platforms optimistic about 2021 amid growing users, disbursement
Sun, 27 December 2020
Indonesia s peer-to-peer (P2P) lending platforms are looking forward to further growth next year, amid the promising increase of users and disbursement this year, and low bad loans ratio, despite the raging Covid-19 pandemic.
P2P lending platform KoinWorks chief operating officer Bernard Arifin said that while the company had experienced a decline in loan requests during the first large-scale social restrictions (PSBB) period from March to July, it had enjoyed an increase in loan requests nearing the end of the year.
12:09 PM MYT
JAKARTA (The Jakarta Post/ANN): Indonesia’s peer-to-peer (P2P) lending platforms are looking forward to further growth in 2021, amid the promising increase of users and disbursement this year, and low bad loans ratio, despite the raging Covid-19 pandemic.
P2P lending platform KoinWorks COO Bernard Arifin said that while the company had experienced a decline in loan requests during the first large-scale social restrictions (PSBB) period from March to July, it had enjoyed an increase in loan requests nearing the end of the year.
KoinWorks has disbursed Rp 2.5 trillion (US$175.5 million) in loans to small and medium enterprises (SMEs) as of November, a 38.8 per cent increase year-to-date (ytd) from Rp 1.8 trillion by 2019 year-end.
New Ofqual chief pledges smooth-running exams in 2021
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