Branchless Banking Ditinjau Dari Persepektif Ekonomi Kelembagaan

Abstract

Through OJK regulations, SE OJK No. 6 / SE.OJK.03 / 2015 taggal 06 February 2015 concerning Officeless Financial Services in the Framework of Financial Inclusion known as Laku Pandai, a branchless banking service program has been launched in order to improve banking access to the lower class, especially unbanked people. The development of the Laku Pandai (branchless banking) program in the last 5 years has been able to contribute to a significant increase in Indonesia's financial inclusion index. Economic theory states that increasing financial inclusion will increase inclusive growth. Inclusive growth can be said as growth that involves participation of all, namely growth without discrimination and is able to involve all economic sectors (Klasen, 2010). Inclusive growth allows everyone to contribute to and benefit from economic growth. This paper will attempt to review from an institutional economic perspective regarding bank agent services called Branchless Banking. To provide an overview of the implementation of the Laku Pandai bank agent program, the author will take a case study of application in the Province of Bali based on the research I conducted in 2018. How the Laku Pandai program as a form of inclusive financial services from an institutional economic perspective can increase financial inclusion and benefit community economy.