Building on the momentum from our official White Paper launch back in February, Mandala Consulting was honored to be invited by PERBANAS to continue the strategic dialogue at The Ritz-Carlton Mega Kuningan Jakarta.
This event served as a vital follow-up to dive deeper into our study, "Driving Credit Expansion Through Responsible Collaborations Between Banks and P2P Lending Platforms," specifically within the banking industry.
Hasyim Ali Shahab, our Consultant and Lead Researcher for this study, presented the core findings in front of PERBANAS, AFTECH, and Pak Adief Razali from OJK. Highlighting how Indonesia’s formal private credit-to-GDP ratio—currently stagnant at ~36%—can be strengthened through innovative partnerships to drive economic growth.
Also, our CEO, Manggala Santosa, moderated an insightful panel discussion featuring senior representatives from PERBANAS and AFTECH.
Key insights from the panel discussion:
1. Strategic Synergy: Banks and P2P platforms are increasingly complementary. Banks offer capital and credibility, while P2P platforms provide agile technology and access to underbanked segments.
2. The Rise of I2P: There is a definitive shift from Peer-to-Peer (P2P) to Institutional-to-Peer (I2P), with bank funding for platforms surging from 15% in 2021 to 71% by early 2025.
3. Sustainable Growth: Strengthening the proper framework and aligning risk appetites during the due diligence phase are critical to ensuring these collaborations remain stable and responsible.
We extend our gratitude to PERBANAS for the invitation. We hope our findings continue to serve as a benchmark for responsible collaboration that strengthens Indonesia’s financial ecosystem.