Archive for the ‘Credit’ Category
This is the Most Feared Banking Industry
The banking industry got serious rival in running business operations. However, the toughest competitors the banking industry was not derived from the financial sector rather than the telecommunications industry sectors considered to have a very wide operating range.
Billy explained, the telecommunications industry can indeed be the biggest competitor of the banking sector. The reason, this industry can expand its business by serving the financial activities for its customers.
BNI records show, this time as many as 156 million of Indonesia’s population already have a mobile phone. With this amount, means opening the telecommunications market for banking transactions without the use of bank services.
Viewing these concerns, Billy suggested, for there is a clear rule to solve this problem and save the world banking. In fact, he openly called for the telecommunications industry was not given authority to open a current account. “There needs to be rules of the game,” he added.