Only 46% of MSMEs fully separate their business and personal finances, OCBC simplifies the process for entrepreneurs to open a business checking account 100% digital [Yahoo! Finance]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
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Source: Yahoo! Finance
MSMEs in Indonesia have shown good understanding of financial management systems with a score of 60, indicating improvements in financial recording and management. However, only 46% of MSMEs have completely separated their business and personal finances. OCBC is the first bank in Indonesia to launch an innovation for opening business checking account 100% digital, which can be completed in just a few hours. JAKARTA, Indonesia Sept. 6, 2024 /PRNewswire/ -- PT Bank OCBC NISP Tbk (OCBC), in collaboration with NielsenIQ (NIQ) Indonesia for the second time, has launched the OCBC Business Fitness Index (BFI), research aimed at providing insights about the financial behavior of MSMEs in Indonesia . This research reveals that MSMEs in Indonesia have a good understanding of financial management systems with a score of 60, meaning they have improved in financial recording and management, including regular profit and loss recording and review, and maintaining capital needs. However, despite
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