exellent crabgood crab

OJK Settles 70% of Financial Service Complaints

Prisma Ardianto
July 5, 2023 | 12:53 pm
SHARE
Financial Services Authority (OJK) staffers are seen working in the Consumer Service room at the OJK office in Jakarta. (Antara Photo)
Financial Services Authority (OJK) staffers are seen working in the Consumer Service room at the OJK office in Jakarta. (Antara Photo)

Jakarta. During the first half of 2023, the Financial Services Authority (OJK) recorded a total of 10,071 public complaints regarding services in the financial sector. Out of this number, around 79.06 percent, or 7,962 complaints, have been successfully resolved through internal dispute resolution involving financial services providers.

Friderica Widyasari Dewi, the Executive Head of Supervision of Financial Services Business Behavior, Education, and Consumer Protection at OJK, disclosed that the remaining 2,109 complaints are currently under investigation. These complaints were submitted through the consumer protection application (APPK).

"OJK continues to encourage the resolution of complaints, both those indicating disputes and those classified as violations," Friderica said during a press conference following the monthly Board of Commissioners meeting on Tuesday.

Regarding the breakdown by sectors, 4,663 complaints were related to the banking sector, 2,402 complaints were related to the fintech industry, 1,957 complaints were related to the financing company industry, 869 complaints were related to the insurance industry, and the remaining complaints were associated with the capital market sector.

ADVERTISEMENT

In addition to the resolved complaints, OJK identified 36 cases indicating violations by financial services providers. Furthermore, 933 disputes were referred to the Alternative Dispute Resolution Institution. In the same period, OJK received a total of 144,151 consumer service requests from January to June 2023.

Tags: Keywords:
SHARE

Related Articles


Special Updates 35 minutes ago

FWD Insurance Indonesia Appoints Jeffrey Woo as President Director

FWD Insurance Indonesia has appointed industry veteran Jeffrey Woo as president director after securing OJK approval.
News May 24, 2026 | 9:56 pm

Indonesia Develops National Fraud Portal to Strengthen Anti-Scam Response

Indonesia is developing a national fraud portal to accelerate scam investigations and protect consumers.
Business May 15, 2026 | 8:14 am

Indonesia Market Stable, but Volatility Persists After MSCI Changes

Financial regulators say the financial system remains strong despite recent market turbulence triggered by MSCI’s May 2026 index changes.
Business May 13, 2026 | 4:05 pm

Jakarta Stocks Close Down Nearly 2% After MSCI May Review

JCI slid nearly 2% as MSCI cut Indonesian stocks, while hot US inflation and Middle East tensions pressured sentiment.
Business May 11, 2026 | 9:37 pm

Indonesian Capital Market Gains 6.4 Million New Investors as Resilience Improves

Indonesia added 6.4 million investors this year, helping strengthen the capital market against global volatility.
Business May 11, 2026 | 7:38 am

OJK Plans Limits on Multiple Pay Later Accounts

Indonesia’s financial regulator plans tighter controls on pay later services to curb rising consumer debt risks.
Business May 7, 2026 | 8:40 pm

OJK Eyes Banking Rule Changes to Support Government Programs

Indonesia plans new banking rules to support housing and other priority programs while preserving lenders’ risk flexibility.
Business May 6, 2026 | 5:09 pm

Indonesia Crypto Market Cools After 2024 Rally Spike

Indonesia’s crypto transactions dropped 26% in 2025 as OJK linked the decline to global market normalization after Bitcoin’s rally.
Special Updates May 5, 2026 | 8:14 pm

Indonesia Speeds Up Capital Market Reform to Boost Transparency and Liquidity

Indonesia accelerates capital market reforms, expanding ownership disclosure and raising free float to boost transparency and liquidity.
Business Apr 27, 2026 | 5:55 pm

Finance Minister Signals Tax Incentives for Capital Markets

Indonesia is considering tax incentives, including income tax cuts and capital gains exemptions to boost deepen domestic capital markets.

The Latest


Business 17 minutes ago

Indonesian Airlines Push for Zero Import Tax on Aircraft Spare Parts

Airlines are urging the government to eliminate import taxes on aircraft spare parts to reduce operating costs.
Special Updates 35 minutes ago

FWD Insurance Indonesia Appoints Jeffrey Woo as President Director

FWD Insurance Indonesia has appointed industry veteran Jeffrey Woo as president director after securing OJK approval.
News 54 minutes ago

W. Jakarta Immigration Chief Detained in Probe Into Foreign Residency Permit Corruption

The Corruption Eradication Commission has detained an immigration chief as it investigates alleged corruption in foreign residency permits.
Business 3 hours ago

Jakarta Stocks Plunges 5% Midday as Rupiah Hits Record Low at Rp 17,900

JCI plunged nearly 5% after the rupiah hit a record low against the US dollar, triggering a broad market selloff.
Business 3 hours ago

Rupiah Hits Rp 17,926 Against US Dollar Amid Oil Surge and Geopolitical Risks

Rupiah fell to Rp 17,926 per US dollar as rising oil prices, Middle East tensions, and strong dollar demand weighed on sentiment.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED