Indonesia akan memiliki bank emas pertama dalam sejarah. Presiden Prabowo Subianto akan meresmikan operasional bank emas ini pada 26 Februari 2025.
Prabowo menuturkan, pembentukan bank emas di Indonesia saat ini menjadi penting. Karena selama ini emas Indonesia banyak ditambang namun produknya malah lebih banyak diekspor ke luar negeri.
Otoritas Jasa Keuangan (OJK) sudah menyiapkan payung hukum terkait usaha bulion di Indonesia. Peraturan OJK Nomor 17 Tahun 2024 tentang Penyelenggaraan Kegiatan Usaha Bulion menjadi pedoman bagi lembaga jasa keuangan dalam menyelenggarakan kegiatan usaha bulion.
Pedoman dimaksud antara lain menyangkut cakupan kegiatan usaha bulion, persyaratan lembaga jasa keuangan (LJK) penyelenggara kegiatan usaha bulion, mekanisme perizinan kegiatan usaha bulion, pentahapan pelaksanaan kegiatan usaha bulion, dan penerapan prinsip kehati-hatian.
Aturan ini menjadi turunan dari Undang-Undang Nomor 4 Tahun 2023 tentang Pengembangan dan Penguatan Sektor Keuangan (P2SK) yang mengamanatkan LJK untuk dapat menyelenggarakan kegiatan usaha bulion. Sejauh ini, PT Pegadaian (Persero) dan PT Bank Syariah Indonesia Tbk (BRIS) telah mendapatkan izin untuk menjalankan kegiatan usaha bulion.
Prabowo menuturkan, pembentukan bank emas di Indonesia saat ini menjadi penting. Karena selama ini emas Indonesia banyak ditambang namun produknya malah lebih banyak diekspor ke luar negeri.
Otoritas Jasa Keuangan (OJK) sudah menyiapkan payung hukum terkait usaha bulion di Indonesia. Peraturan OJK Nomor 17 Tahun 2024 tentang Penyelenggaraan Kegiatan Usaha Bulion menjadi pedoman bagi lembaga jasa keuangan dalam menyelenggarakan kegiatan usaha bulion.
Pedoman dimaksud antara lain menyangkut cakupan kegiatan usaha bulion, persyaratan lembaga jasa keuangan (LJK) penyelenggara kegiatan usaha bulion, mekanisme perizinan kegiatan usaha bulion, pentahapan pelaksanaan kegiatan usaha bulion, dan penerapan prinsip kehati-hatian.
Aturan ini menjadi turunan dari Undang-Undang Nomor 4 Tahun 2023 tentang Pengembangan dan Penguatan Sektor Keuangan (P2SK) yang mengamanatkan LJK untuk dapat menyelenggarakan kegiatan usaha bulion. Sejauh ini, PT Pegadaian (Persero) dan PT Bank Syariah Indonesia Tbk (BRIS) telah mendapatkan izin untuk menjalankan kegiatan usaha bulion.
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TVTranscript
00:00Indonesia's first gold bank
00:05Indonesia's first gold bank
00:13The government will inaugurate the first gold bank in Indonesia on February 26, 2025.
00:20The Financial Services Authority has also prepared the OJK Regulation,
00:24which will serve as a guide for the financial services authority in supporting the business activities in Beliang.
00:34The government announced the inauguration of the first gold bank in Indonesia.
00:39President Prabowo Subianto said that Indonesia has not yet had a special bank for gold savings,
00:45so that the gold mined flows a lot abroad.
00:48According to the plan, the gold bank will be launched for the first time on February 26, 2025.
00:54In order to support the establishment of a gold bank in Indonesia,
00:57the Financial Services Authority has prepared a legal umbrella regarding Beliang's business in Indonesia,
01:02namely through the OJK Regulation No. 17 of 2024
01:06on the monitoring of Beliang's business activities,
01:08which will serve as a guide for the financial services authority in monitoring Beliang's business activities.
01:14On the 10th, we will form a gold bank.
01:23So far we have not had a bank for our gold, not in Indonesia.
01:31So our gold is mined and flows abroad.
01:35We now want to have a special bank for gold.
01:40In Indonesia, God willing, we will inaugurate it on February 26.
01:47I think this is the first time in our Republic.
01:51This regulation is a derivative of the Law No. 4 of 2023
01:55on the development and strengthening of the financial sector
01:58which guarantees the financial services authority to be able to monitor Beliang's business activities.
02:03From Jakarta, the IDX News coverage team.
02:10Yes, Mr. Mirsa, to discuss our topic this time,
02:12the optimization of gold banks to support the mining sector in the water.
02:16We have been connected via Zoom with Mr. Fahmi Radi,
02:19Energy Economics Observer from Gajah Mada University.
02:22Hello, Mr. Fahmi, how are you?
02:24I'm fine, Mr. Pras.
02:26Okay, thank you for your time.
02:28Then there is also Mr. Wijayanto Samirin,
02:31Economist from the University of Paramadina.
02:34Hello, Mr. Wija, how are you?
02:35I'm fine, Mr. Pras.
02:37Okay, thank you for your time.
02:39Before discussing further,
02:41how do you see, Mr. Wija,
02:43with the efforts of the government that has been announced,
02:45will form a gold bank like that? Please.
02:49Yes, I think this is a good breakthrough.
02:51Yes.
02:52And very timely.
02:54Because Indonesia is in need of capital.
02:59In fact, in Indonesia, there is a lot of capital that is dormant.
03:02Whatever it is, our gold products.
03:04Then the second, don't forget,
03:06the gold that has been held by the people all this time.
03:09This is a capital that is not used, dormant.
03:13When all of that is given the opportunity
03:17to be placed in a gold bank,
03:20suddenly it becomes a living model.
03:23Well, this is timely when we are in need of investment.
03:27The second is,
03:29the presence of this gold bank,
03:31this presence of gold,
03:33will reduce our dependence on the US dollar.
03:37Because gold is actually
03:40something much stronger than the US dollar.
03:44So, from the concept, philosophy, economy,
03:48this is something very positive.
03:51What is a challenge and must be considered
03:54is from the operational side.
03:56I think we can discuss it later, Mr. Pras.
04:00Okay.
04:01Well, from the development of the mining sector itself,
04:05Mr. Fahmi, maybe you can also give an update
04:07related to our mining sector,
04:09especially gold.
04:13Please, Mr. Fahmi.
04:14I think I agree with what Mr. Hujayanto said earlier,
04:18that the construction of gold banks is very strategic right now.
04:23Especially when it comes to gold mining
04:26owned by Indonesia.
04:28So, the gold bank is an ecosystem
04:32that is inseparable from the gold products
04:36produced by Indonesia.
04:38Because our gold reserves,
04:40which are quite large,
04:43around 2,600 tons per year,
04:46is the sixth largest in the world.
04:49But our gold mine is only 78.3 tons.
04:54It means that the indication earlier
04:56that more gold is being exported is true.
05:00And most of the gold that is exported
05:05is not the same gold as before,
05:08but more concentrated.
05:10I think the largest gold producer
05:13is Freeport.
05:15Freeport was even known as the gold mountain in the beginning.
05:18For decades, the export has always been concentrated.
05:22So, the added value is not enjoyed by Indonesia.
05:27Even the tax is low.
05:29It's also small because it's only known as concentrated.
05:34Well, after a while,
05:38after having a smelter,
05:40Freeport was forced.
05:44It still wants to ask for the relaxation of the concentrated export.
05:48And I said in several media,
05:50don't allow Freeport to export concentrated gold this time.
05:54Release it in Indonesia,
05:56and in fact, it can also be ETA.
05:58Well, if the result was quite large,
06:01then this is part of the gold ecosystem.
06:07Then, if it has been regulated,
06:10this gives the choice of ETA.
06:12Is it in the form of savings or investment in the form of gold?
06:17And I think this gold price is relatively the strongest.
06:22Compared to what Mr. Vizayanto said earlier,
06:25compared to the dollar, for example.
06:27It was very actuative.
06:29So, this is really an interesting investment for the community.
06:34Then, how to use the gold savings
06:40to finance the investments needed in Indonesia.
06:45Including in the development of renewable energy, for example.
06:50I think this can also be financed with the source of the gold bank earlier.
06:55So, this is very positive and very strategic.
06:59Okay, Mr. Fahmi.
07:00Well, this is interesting.
07:01It means that both of you mentioned that the momentum is already correct.
07:04Is it also the time for the gold mining in Indonesia
07:08to be focused on hillarization?
07:10Then, what do you see
07:12how this gold bank will operate if you look at it, Mr. Widja?
07:18Yes, I think the gold bank,
07:20continuing what Mr. Fahmi said,
07:23is building an ecosystem of the gold industry.
07:27So, if we do hillarization,
07:30the motivation will be two.
07:32Not only to promote export,
07:34but also macroeconomic stability.
07:36So, the spirit for hillarization of gold
07:40will be stronger.
07:42I want to add about 50%
07:45of the gold smelter in Indonesia.
07:49And actually, if it can be 100%, it's good.
07:52Because we have a big savings
07:54and this gold production is continuous.
07:57Unlike the oil, which will soon end,
08:00this will continue.
08:02And if we export in the form of concentrates,
08:05in addition to the loss of added value,
08:07we are also from the GCG aspect,
08:09often the monitoring is difficult.
08:11How many kilograms of gold is actually in that concentrate?
08:14But if what we produce is Batangan gold,
08:17the GCG problem, royalty payment,
08:20taxes, etc. can be monitored more.
08:24And actually,
08:27when we have a gold bank,
08:30put the asset of 200 trillion rupiah,
08:34it's the same, we have a US dollar deficit,
08:39the value is the same, 200 trillion.
08:42And easily, this gold is converted
08:45in the US dollar, for example,
08:48I have gold savings in a gold bank,
08:51a big one, OBSI.
08:53I will hold that digital gold certificate.
08:56Easily, I can get a loan in the form of US dollars
09:00to import, for my investment,
09:03or for other needs.
09:05So, I think what is being done is right.
09:10If it's an operational problem,
09:12any country, if it can operate a commercial bank,
09:16it can definitely operate a gold bank.
09:19Why? Because commercial banks
09:22have macroeconomic risks,
09:25inflation fluctuations, exchange rates, etc.
09:28Then the second is operational risk.
09:30If a gold bank, there is only one risk,
09:32operational risk.
09:33Because this gold has a stable value,
09:36even gold is stable.
09:39US dollars, other currencies, other commodities,
09:42are the ones that go up and down relative to gold.
09:45So, if we say the price of gold goes up,
09:47then actually the price of gold is still there.
09:49But the currency is weak relative to the US dollar.
09:53So, this is positive, Mr. Pras.
09:56Not only in the context of the gold industry,
10:01but also positive in the context of
10:04building a more stable macroeconomy.
10:07Reducing dependence on the US dollar.
10:10So, there are three positive things here.
10:13The gold is one thing.
10:15The second is export results.
10:18This also strengthens our macroeconomy.
10:21The third, which was initiated
10:23by Mr. Prabowo's visit to India yesterday,
10:26is that Indonesian-Indian transactions
10:28will use local currency.
10:31So, if these three things are carried out continuously,
10:34then our macroeconomy, our rupiah, will be stable.
10:38Okay.
10:39Earlier, Mr. Fahmy also mentioned that
10:42this can also be an investment material
10:44or an investment instrument for the community.
10:46So, what will the mechanism be like,
10:49Mr. Widja?
10:50And how about socialization,
10:53education of the community?
10:54Do we still need to increase the level of understanding?
10:58Yes.
10:59Investments, if we look at the value of gold,
11:03we look at the time frame of 200-300 years ago,
11:07the value of gold,
11:08we hold gold 200-300 years ago,
11:11compared to holding other assets,
11:14the value of gold is now higher.
11:16Okay.
11:17Because gold is stable.
11:18It goes up, others go down.
11:20It means, for the people whose time frame,
11:24time horizon of investment is not long,
11:26holding gold, placing it in a gold bank,
11:29is the right choice.
11:30And if it needs liquidity,
11:32what it holds is a digital certificate.
11:35And this is very liquid,
11:36the same liquid as rupiah,
11:38even more stable.
11:41Well, education to the community
11:43is to minimize operational risk.
11:46Operational risk that I feel must be anticipated
11:50by our financial authorities is
11:53the potential of a fake digital certificate.
11:58Well, this is what must be anticipated.
12:01In the conventional economy,
12:05fake obligations, fake currency,
12:08this also happens.
12:09Fake bitcoin, this also happens.
12:11If in a gold bank,
12:13what must be anticipated is that.
12:15I think from a technological point of view,
12:17it's not too complicated.
12:20Because in other sectors,
12:22the same thing has been done.
12:24Okay, Mr. Widjana.
12:25Mr. Fahmi, one of the main functions
12:27that is expected from OJK to this gold bank
12:29is to bridge the balance
12:31between the teams,
12:32gold demand in Indonesia.
12:34How can this gold bank
12:35maximize that function, Mr. Fahmi?
12:40Yes, as I said,
12:41from the team's point of view,
12:43our gold reserve is still very large.
12:46It means that there is no need to worry
12:48that there will be a shortage of gold team.
12:51Only so far, more has been exported.
12:54Well, with the gold bank,
12:56it may be more empowered.
13:01Is that for investment purposes?
13:04So this adds a lot of benefits,
13:07opening up jobs.
13:09And this provides an alternative
13:12choice for the community,
13:15for entrepreneurs,
13:17to use gold as an instrument
13:21to make that investment.
13:23So Mr. Widjana said
13:25that the value of gold
13:27is the most stable in the world.
13:29So it really is an investment
13:31that is very interesting.
13:33And also, in Indonesia,
13:36there is already BSE and BRI.
13:41Even though it hasn't been pulled yet,
13:43it's already there.
13:45Well, I think one of the principles
13:48that is done in borrowing gold
13:51is to bring it closer to the syriac.
13:54So I remember I was a trader, Mr. Widjana.
13:57So if you borrow money, it's not in the bank.
14:01You borrow, there is a deposit in the form of gold.
14:04For example, you borrow 5 kilos.
14:06Later, next year it will be returned 5 kilos
14:09without flowers and so on.
14:13That's what Mr. Widjana said
14:15in accordance with the syriac earlier.
14:17And I think this will be interesting
14:19for the majority of Indonesian people.
14:22Well, how to educate
14:25public communication
14:27about the benefits of a more competitive market
14:32compared to investing in the dollar, for example.
14:35If this can be done,
14:38I'm sure,
14:40in terms of the team, we have a lot of potential.
14:43In terms of consumption, we also have a lot of potential.
14:46And make a choice for the investor
14:50to use a fund
14:52that may be more flexible.
14:55It's enough to use certificates
14:59that can be used
15:01to finance the investment.
15:03So I'm optimistic.
15:06As long as there is a set of certificates
15:09that cover the operational issues.
15:14And the most important thing is
15:16there is some kind of education
15:19from the public
15:21so that they can become
15:24potential customers
15:27that then crowd the gold bank.
15:31Okay.
15:32So how will this gold bank
15:35play a role in maintaining
15:37the gold reserves of Indonesia in the future?
15:39We will discuss in the next segment.
15:41We will have a short break.
15:42Mr. Fahmi, Mr. Widjana, and Mr. Mirsa,
15:44make sure you are still with us.
16:02Thank you for staying with us
16:04in Market Review, Mr. Mirsa.
16:06Here are the data for you
16:08about the countries with the largest gold reserves.
16:11First, Australia.
16:1312,000 metric tons.
16:15Then Russia, South Africa,
16:17United States, China, and Indonesia
16:20at 2,600 metric tons.
16:22Brazil, after Indonesia.
16:24Next, what is gold bank business?
16:28Gold reserves, gold financing,
16:30gold trading, gold mining,
16:32and other financial services.
16:36Next, we will talk about
16:38the business line owners in gold mining.
16:41Here they are.
16:42PT Anika Tambang, TBK,
16:44ANTM, Bumi Resources Minerals,
16:47United Rectors, AMAN,
16:49Mineral International, TBK,
16:51Ars Indonesia, TBK, Indica,
16:53Energy, TBK, Merdeka,
16:55Copper Gold, TBK.
16:58We will continue our discussion
17:00with Mr. Fahmi Rady,
17:02Energy Economist from Gajah Mada University,
17:05and Mr. Wijayanto Samirin,
17:07Economist from Paramadina University.
17:10How do you see the current position, Mr. Fahmi,
17:13if we look at gold banks
17:15in their contribution
17:17to maintain Indonesia's gold reserves in the future?
17:21Yes.
17:22As I said earlier,
17:24there are already two gold banks,
17:26a part of BSI,
17:29but it is not specific
17:31or the value has been taken by BRI.
17:35But again,
17:37it is one of the BSI and BRI products.
17:43If in 2026,
17:45a special gold bank will be inaugurated,
17:49I think it will be more flexible
17:52and also more attractive
17:55for investors and also for savers.
18:00As you said,
18:02if more gold is stored under the bed,
18:05it will not be optimized.
18:07I think the existence of this gold bank
18:09opens up opportunities.
18:11The gold stored under the bed
18:14will be transferred to the gold bank.
18:17We just need a certificate
18:22and it can be done online.
18:25I think in advanced technology like this,
18:29in terms of operational practicality,
18:32it can be achieved.
18:34Unlike in the past,
18:36I remember my father,
18:38when he borrowed 5 kilos,
18:40he returned it in the form of 5 kilos,
18:42cut into pieces.
18:44But now it's not like that.
18:46Even the certificate can be used
18:49to find the money.
18:51So, once again,
18:53I welcome this gold bank.
18:57Then I am optimistic
19:00with the characteristics of the Muslim community,
19:04because it is closer to Sharia.
19:08As long as there is a kind of
19:11public communication, education,
19:14in order to raise awareness
19:17and inform the community,
19:20the investors,
19:22about the gold bank
19:24that gives choices,
19:27whether it is for savings
19:29or for investment.
19:31It is supported by a fairly large reserve.
19:36Mr. Awin also said
19:38if the gold bank has
19:42a few trillion worth of gold,
19:45it actually strengthens
19:48the Bank of Indonesia.
19:50Whether the deficit or the reserve
19:54in the Bank of Indonesia,
19:56there are a lot of benefits
20:01that are obtained.
20:02It means that it also supports
20:04macroeconomic stability
20:06and is not so influenced by
20:10the conditions of other world economies, for example.
20:14If we have a fairly large reserve.
20:18So, this will have a positive impact
20:22on various things
20:24with the officialization of the gold bank.
20:27As long as the OJK must really
20:31manage the operational,
20:35manage the sectors,
20:39so that the gold bank is truly trusted
20:44by the community,
20:45both for savings and investors.
20:48And there are no more funds
20:51under the bed,
20:53or gold under the bed.
20:55It is no longer necessary, for example,
20:57to use as much gold,
20:59maybe for jewelry.
21:01It's better to use jewelry
21:04or jewelry as an imitation of gold
21:07put in the gold bank.
21:08It can also be used for gold.
21:11Yes, this is interesting.
21:13So how, Mr. Widja?
21:14Do you see from the preparation of the ecosystem
21:16of the financial services industry in this country
21:19in the formation of the gold bank ecosystem later?
21:22Yes, add a little before going there
21:24to the deficit earlier.
21:26If the economy is conventional,
21:28when companies in Indonesia
21:31have a surplus export,
21:32they receive a lot of deficit,
21:34this will automatically go to BI.
21:37This strengthens the deficit savings
21:39in the form of US dollars, for example.
21:41Or when we borrow money
21:43and the one who bought the loan letter is a foreigner
21:45in the US dollar denomination,
21:47this strengthens the deficit savings.
21:49What is the mechanism like
21:51when we talk about gold banks?
21:53In England, there are gold banks.
21:57There are many bullion banks,
21:59and they have associations.
22:00The Bank of England, the British BI,
22:02when it needs it, it can borrow gold
22:05to strengthen the bond sterling.
22:07From where?
22:08From the association of the bullion bank
22:10which they call LBMA.
22:12In Indonesia,
22:14BI has a gold reserve of 78 tons.
22:17If later this bank has a gold reserve
22:20of 100 or 200 tons,
22:22when it is needed,
22:23it is easy for BI to borrow from this bank.
22:25If without the presence of this bank,
22:27BI has to borrow from the community.
22:29The mechanism is impossible.
22:32Back to the question you asked earlier,
22:34then how to prepare for the future?
22:37Indeed, from the technological side,
22:39from the regulatory side, institutional,
22:42we need to prepare thoroughly.
22:44Don't let there be a problem
22:46so that the reputation of this very potential sector
22:49is in trouble,
22:50returning the reputation is difficult.
22:52So, the development must be careful.
22:55In my opinion,
22:57let's start with these two first.
22:59The association and BSI.
23:02Then at the same time,
23:04OJK starts to prepare.
23:06I heard there is a plan to create a national gold agency.
23:10Please.
23:11Good.
23:12Then the second is the strengthening of technology
23:14to anticipate fraud
23:17in the aspect of cyber security, for example.
23:20That must be done.
23:22The third,
23:23which is equally important,
23:24is to prepare a clearing house in the future.
23:27Because this interbank transaction
23:29must also happen.
23:32So that everything is mature,
23:35it takes time,
23:37then my advice to our financial authorities
23:41goes with these two.
23:43Prepare the institution, prepare the regulation,
23:46prepare the education.
23:48Then after that,
23:49add private banks.
23:52Good.
23:53Lastly, can the gold bank be an instrument
23:55to control the fluctuation of gold prices in Indonesia?
23:59Actually,
24:00the gold price is stable.
24:02Okay.
24:03The other prices are going down
24:05compared to gold.
24:06So, it's not the gold that is fluctuating
24:09compared to the rupiah,
24:10it's not the gold that is fluctuating
24:11compared to the US dollar,
24:12but the US dollar and the rupiah
24:14that are fluctuating compared to gold.
24:17So, that's it.
24:19Indeed,
24:21with the presence of this gold bank,
24:23with the existence of gold reserves
24:26that can be deployed when needed,
24:29the rupiah will be more stable.
24:32It's not impossible,
24:33later the gold in this gold bank
24:37will be considered by investors,
24:39by other parties,
24:40as our deficit too.
24:43Although it's not a formal deficit
24:44that is controlled by BI,
24:46but this is also one that is very potential
24:48to become a deficit that can be used
24:50to strengthen the rupiah.
24:53So, that's it.
24:54The important thing is how to strengthen the ecosystem,
24:56then the legal framework,
24:57and how to prepare the OJK
25:00to give clear directions.
25:02The most important thing is education.
25:04Increasing the literacy of the public
25:06when it comes to the presence of this gold bank.
25:08Then, the wide benefits
25:10that they can feel.
25:12We will wait for it
25:13when it launches next week.
25:15Okay.
25:16Mr. Wijayanto, thank you very much
25:18for your time, analysis, and setting, Mr. Fahmi.
25:20Thank you also for the update
25:22that has been delivered to the audience today.
25:24Congratulations on continuing your activities again.
25:26See you again.
25:29Yes, audience,
25:30I've been with you for an hour in Market Review,
25:32and keep sharing your information
25:34only on IDX channel,
25:36your transporty and comprehensive investment reference.
25:39Because the business of the future must move forward,
25:41I am an stock investor.
25:43I am Prasetyo Wibowo,
25:44as well as all the staff
25:46who are in charge of Pamit Undudiri.
25:48Thank you. See you again.
26:15I
26:16am
26:18Prasetyo Wibowo.