Indonesian digital bank launches Sharia app
Bank Jago wants to bolster the country's Sharia banking segment, with assets only accounting for 6.5% of the total banking industry’s assets.
Jakarta: Indonesian digital bank Bank Jago has launched Jago Syariah, an application that promises to provide Sharia digital banking products.
Bank Jago President-Director Kharim Siregar called the app “a life centric financial solution,” which makes financial management simple, collaborative and innovative. Speaking during a virtual press conference, he added that the app, which was launched on February 22, would encourage the Sharia segment’s growth.
“Digitisation will improve service quality for the customers while deepening our market share. We believe the presence of Sharia banking applications will have positive impacts in boosting the Sharia economy’s contribution to the national economy as a whole,” Siregar said.
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