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#P2P lending

OJK, CELIOS stress balance in P2P lending ecosystem amid cartel probe

The Financial Services Authority (OJK) is seeking to maintain the growth momentum of Indonesia’s peer-to-peer (P2P) lending sector, or online lending (pindar), by ensuring balanced benefits for both lenders and borrowers, even as the industry faces challenges from illegal lenders, loan default communities, and fraud schemes.

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