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Ovo to sell Government Securities

09 January 2020 13:24

JAKARTA. Ovo is currently preparing a retail Government Securities sales service following the launch of mutual funds products on its platform.

According to Ovo President Director Karaniya Dharmasaputra, the plan is in line with the Indonesian government's effort to release Government Securities. "We are currently exploring the possibility of assisting the Ministry of Finance in selling retail Government Securities," said Mr Dharmasaputra as quoted by Kontan.

The service will be available through Ovo Invest. The company, said Mr Dharmasaputra, has been communicating informally with the Ministry of Finance.

"The Ministry has said that Ovo can register as a perception agency that accept payment," he said. (KR/MS)

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