Before officially releasing its gold investment product, OCBC NISP announced its financial performance in H1 2023 by closing its net income worth US$137 million.
Heaptalk, Jakarta — PT Bank OCBC NISP Tbk has officially launched its digital sharia-based gold savings feature on its ONe Mobile application. Through this new investment service, OCBC intends to boost the gold investment literacy of people in Indonesia as this investment instrument frequently shows a stable value.
The results of a study from the OCBC NISP Financial Fitness Index (FFI) 2023 show that the financial health rate for Indonesia’s rising generation has only reached 41.16 out of 100. Furthermore, FFI 2023 also revealed that the rising generation comprehension related to digital gold is currently only 33% in Indonesia.
For this reason, The EVP Marketing and Lifestyle Business Division Head of Bank OCBC NISP, Amir Widjaya, voiced that the company aims to help the next generation be financially fit. By presenting this gold savings service, Amir believes that Indonesia’s rising generation has excellent potential to achieve financial independence in pursuing their life aspirations.
This banking company grants numerous simplicity for customers to invest in gold. Provided into the ONe Mobile application, they are not required to download other applications or visit the outlet. Regarding asset security, in collaboration with Pegadaian, the customer’s physical gold will be stored safely at Pegadaian based on the balance value stated on OCBC’s gold savings service. With this investment scheme, customers can also obtain physical gold by visiting the Sharia Pegadaian Outlet, which aligns with their options.
Customers can also buy and sell their gold at reasonable prices, starting from Rp10,000. With various facilities, this gold savings service provides, OCBC NISP aims to reach about 40,000 transactions by the end of 2023.
To commence investing in gold, customers must register on the buy menu when they make transactions using the gold savings feature on the ONe Mobile application. Meanwhile, to purchase gold, customers can select the Investment menu and click the gold savings feature to buy gold using savings or checking account balances.
Before officially releasing its gold investment product, this banking company also announced its financial performance in the first half of 2023 by closing its net income worth US$137 million, elevating 25% YoY. This outcome is bolstered by an increase in net interest income by 21% YoY.
The enhancement of retail banking and corporations also contributed to the company’s growth, making loans disbursed record an increase of 12% YoY. These improved results also affected an increase in the value of the company’s assets by 10% YoY, reaching US$16 billion, or approximately Rp245 trillion.
“Gold savings is one of the halal investment instruments with a sharia contract that can be a preference for people to diversify their investments.” The Head of Sharia Business Unit of Bank OCBC NISP, Mahendra Koesumawardhana, said during the press conference in Jakarta. (08/23)
