Bank OCBC NISP Celebrates the National Family Day
Through "Family’s Wise Fund" Education

The higher rate of population growth in Indonesia has undeniably led us to a cut-throat competition. Finding jobs is getting even more difficult today due to the limited job opportunities compared with the number of job seekers. On the other hand, life necessities have compelled us to wisely manage our personal "cash flow" to avoid "spending more than we earn". Sloppy or unwise financial management often sparks off problems in the family. However, through wise financial management, we can develop creativity and seize a wide range of business opportunities for our welfare.

Considering this situation, Bank OCBC NISP has taken the initiative in providing public education in the form of seminars entitled "Family’s Wise Fund". The seminar is aimed to educating the public to conduct good financial management. The seminar was held at Bank OCBC NISP’s Head Office on Thursday, 28 June 2012. Rama P. Kusumaputra, a Director of Bank OCBC NISP, was also present at the seminar.

Rama P. Kusumaputra said, "This event is evidence of Bank OCBC NISP’s commitment to keep growing together with the community. Through this “Wise Fund” seminar we hope we can help people, especially housewives as primary managers of the household finances, to manage their funds wisely and to allow them to seize business opportunities."

The seminars, which were held in 4 places in the Jabodetabek and Bandung, were organized in commemoration of the Family Day, which fell on 29 June 2012. In the first seminar in Jakarta, Bank OCBC NISP invited Quantum Magna (QM) Financial Consultant as the facilitator. The participants learned a lot of things from the seminar such as the ideal ways of managing their expenditures and prioritizing their expenses. Additionally, the participants, who were mostly residents of the nearby ​​Karet, Kuningan areas, were also given some tips for starting small home businesses such as making cakes, or patchwork products and other lucrative businesses that fit their talents, abilities and potentials to supplement their income.

Through these activities, Bank OCBC NISP has confirmed its serious commitment to consistently grow and develop with the community, and the bank trusts that it will continue to contribute towards the greater financial independence and prosperity for Indonesian families.

Bank OCBC NISP at a Glance
Bank OCBC NISP was established in Bandung in 1941 under the name of Nederlandsch Indische Spaar en Deposito Bank. Supported by more than 5,800 dedicated employees, Bank OCBC NISP serves customers through a network of more than 400 offices in 88 cities in Indonesia, with 660 ATMs and a vast ATM network which can be accessed through more than 37,500 ATMs in 15 countries (including ATM Bersama, PRIMA, OCBC Bank in Singapore and BankCard in Malaysia). In operating its business with a focus on SMEs and consumer financing, Bank OCBC NISP receives support in many respects including capitalization from OCBC Bank of Singapore as its controlling shareholder, with 85.08% stake in the business. (as at 15 June 2012).