Jakarta, July 22nd, 2020 – COVID-19 brought the unprecedented challenges that have affected our financial health, mental health and public welfare. This challenging situation also brought valuable lesson for us to have a better understanding on the importance ofl financial management, which includes understanding of financial products and services. This knowledge is needed to help to equip ourselves to better plan our financial during this uncertainity as well as achieve financial freedom.
A survey conducted by McKinsey stated that, about half of customers who are concern about their jobs, only bear savings for less than four months of living cost. The survey also show that, amidst the COVID-19 pandemic, customers are more eager to have a better understanding on management and financial risks. This is one of the valuable lessons from the COVID 19 pandemic. The situation has resulted Bank to be more active in implementing financial literacy and inclusion programs.
"Bank OCBC NISP believes that, people should have a better understanding on financial literacy at an early age. With an affordable and consistent nominal, people can grow and maximizes their return as well as accelerate their financial freedom. With this aim, financial literacy and inclusion becomes important. Bank OCBC NISP aspired to invite young generations to start managing their finances and join the #SAVE20 by Nyala movement by starting a new habit in the next normal era in managing and saving their money with an affordable nominal which is Rp20,000 each day," said Ka Jit, Director of Bank OCBC NISP at the launch event, Wednesday July 22nd, 2020. Also attending in this event, there was the singer, Aurel Hermansyah as the guest speaker; and one of the #Save20 by Nyala Movement’s Brand Ambassadors, Aurelie Moeremans.
Based on financial management product‘s data at Bank OCBC NISP, if customers start saving and investing Rp20.000 consistently every day, at the age of 20, then our customers could get Rp3,7 billion at their retirement. This amount is bigger than saving and investing Rp70,000 every day consistently start from the age of 35 years, who at their retirement could get only Rp2 billion as their fund management outcome.
To support the new habit in the next normal era, Bank OCBC NISP presents products that allows young generations to start saving and investing from Rp20.000 every day, among others:
"To fulfill the needs of young generations yet suits their character, we cater our products to be accesible for them. . Bank OCBC NISP is first bank in Indonesia that offers measured mutual fund products with a daily and weekly payment. Measured Mutual Funds, TAKA and other various investment options that are readily available for our customers at Bank’s mobile banking application, ONe Mobile,” Ka Jit added.
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About Bank OCBC NISP
Bank OCBC NISP was established in Bandung in 1941 under the name Nederlandsch Indische Spaar en Bank Deposit. As per March 31st, 2020, Bank OCBC NISP serves its customers through 269 office networks in 57 cities in Indonesia, equipped with 644 Bank OCBC NISP ATM units that can be accessed in more than 190,000 ATM networks in Indonesia, as well as connected with more than 760 OCBC ATM networks Groups in Singapore and Malaysia. Bank OCBC NISP also serves its customers through digital channels, including mobile banking and internet banking, both for individual and corporate. Bank OCBC NISP is one of many banks with the highest credit ratings in Indonesia, with idAAA (stable) rating from PT Pemeringkat Efek Indonesia (PEFINDO) and AAA(idn)/stable from PT Fitch Ratings Indonesia.
Bank OCBC NISP
Corporate Communication Division
corporate.communication@ocbcnisp.com
Website : www.ocbcnisp.com
Aleta Hanafi
Division Head
aleta.hanafi@ocbcnisp.com,
Mobile: 62-8119860068
Duhita Rahma Mahatmi (Gandis)
Public Relations & CSR
duhita.mahatmi@ocbcnisp.com
Mobile: 62-8111071069
Masniar Hutajulu
Public Relations
masniar.hutajulu@ocbcnisp.com
Mobile: 62- 85218211636