REPUBLIKA.CO.ID, JAKARTA -- Minister of State-Owned Enterprises (BUMN) Erick Thohir is pushing for the presence of bullion banks or gold storage sites in Indonesia. According to Erick, the presence of bullion banks will make people start to learn a new way of saving, namely with gold.
“We don't have bullion banks, if this has already happened (we have bullion banks), it means that people are starting to know gold savings. It happens that we have sharia banks, there are pawnshops, we try to encourage people to also start saving gold,” Erick said in Jakarta, Thursday (8/11/2024).
Discussions related to bank bullion, Erick said, had already been discussed in limited meetings. According to Erick, this would be something profitable.
Furthermore, the ecosystem of the gold industry has also now come to fruition. Added to the collaboration between PT Antam Tbk and PT Freeport Indonesia to process gold bars in Indonesia.
Erick said that economic growth in Indonesia is now improving. Therefore, society began to be encouraged to have gold savings.
“So we will try to push it again in the government, it happens that we have such as Pegadaian, Bank Shariah Indonesia, or BRI this could be an option for bullion banks,” he said.
Earlier, SOE Deputy Minister Kartika Wirjoatmodjo said gold investment is an asset that will always exist, it could even be one of the investment options that withstand inflation and global political turmoil.
Investment opportunities with gold will be wide open because there will be a bullion service bank managed by the Pegadaian, he said. However, the service is awaiting regulation by the Financial Services Authority (FSA).
Tiko asked Pegadaian to massively socialize the gold bank to the wider community, in addition to seeking permission from the government for the service.