MANILA, Dec 5 (NNN-PNA) – The Asian Development Bank (ADB), today said, it has approved a 500-million-U.S. dollar loan, to foster financial inclusion in Indonesia.
The ADB said, the loan will expand access to financial services for vulnerable groups, particularly micro-, small- and medium-sized enterprises (MSMEs), women, youth, and rural populations.
The Manila-based bank said, the programme focuses on three key reform areas: enhancing financial inclusion infrastructure, improving access to financial services for marginalised groups, and leveraging technology to strengthen consumer protection frameworks.
“By combining digital innovation with targeted support for vulnerable groups, this initiative will help create a more resilient and inclusive financial sector. The ADB is committed to supporting Indonesia’s journey towards universal financial access,” said ADB Country Director for Indonesia, Jiro Tominaga.– NNN-PNA
