{"id":6203,"date":"2026-08-28T13:08:02","date_gmt":"2026-08-28T13:08:02","guid":{"rendered":"https:\/\/bulionbankindonesia.com\/?p=6203"},"modified":"2026-08-28T13:10:49","modified_gmt":"2026-08-28T13:10:49","slug":"ekosistem-bulion-bank-di-indonesia","status":"publish","type":"post","link":"https:\/\/bulionbankindonesia.com\/en\/ekosistem-bulion-bank-di-indonesia\/","title":{"rendered":"The Bullion Banking Ecosystem in Indonesia"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>The bullion banking ecosystem in Indonesia<\/strong> represents part of the new development in the national gold industry that connects activities <strong>mining, refining, trading, storage, financing, investment, and even gold-based digital services<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its development is increasingly resting on a solid foundation. The OJK has issued... <strong>OJK Regulation Number 17 of 2024 concerning the Conduct of Bullion Business Activities<\/strong>, which includes, among other things, gold savings, gold financing, gold trading, and gold safekeeping.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Building an End-to-End Gold Value Chain<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The bullion ecosystem is not just about the buying and selling of gold; it encompasses a series of interconnected activities:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mining \u2192 Refinery &amp; Assay \u2192 Gold Trading \u2192 Gold Custody \u2192 Gold Financing \u2192 Investment \u2192 Digital Bullion<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This integration enables gold to be managed as an asset with broader economic functions, while simultaneously creating domestic value added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The OJK, together with relevant ministries and agencies, has even launched... <strong>Roadmap for the Development and Strengthening of Bullion Business Activities and Ecosystem 2026\u20132031<\/strong>, which encompasses ecosystem development from upstream to downstream as well as bullion business activities within the financial services industry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Role of Bullion Banks<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In this ecosystem, bullion banks can act as a link between <strong>gold and the financial system<\/strong>The services may include gold trading, custody, financing, gold deposits, settlement, and institutional services, subject to applicable licenses, products, and regulations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thus, gold is not merely held as an asset but can become part of more productive economic activities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Promoting Gold Downstreaming in Indonesia<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One of the biggest benefits of the bullion ecosystem is that it supports <strong>downstreaming of the gold sector<\/strong>Indonesia possesses an extensive industrial value chain, ranging from mining to financial products and services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An integrated ecosystem can help increase value added through strengthening. <strong>refining, assaying, trading, storage, financing, and technology infrastructure<\/strong> ...domestically. The OJK explicitly identifies the strengthening of gold downstreaming as one of the objectives for developing the bullion ecosystem.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Opening Access for the Public and the Business Sector<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The bullion ecosystem can also provide benefits to various groups:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Public<\/strong> \u2014 access to more structured gold products and services.<\/li>\n\n\n\n<li><strong>Investor<\/strong> \u2014 the option to manage gold as part of a portfolio.<\/li>\n\n\n\n<li><strong>MSMEs and corporations<\/strong> \u2014 opportunities to utilize gold for financing and business needs.<\/li>\n\n\n\n<li><strong>Gold industry<\/strong> \u2014 access to trading, custody, and financial services.<\/li>\n\n\n\n<li><strong>Institution<\/strong> \u2014 a professional solution for gold asset and transaction management.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This development is already beginning to be seen. The Financial Services Authority (OJK) reported that in February 2026, gold management by Pegadaian and Bank Syariah Indonesia reached 1.2 billion rupiah. <strong>153,05 ton<\/strong>, reflecting the growing bullion business activities in Indonesia.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Digitalization of the Bullion Ecosystem<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The future of bullion will also become increasingly connected to technology. Digitalization can support this. <strong>ownership recording, transactions, asset monitoring, settlement, data security, and service access<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The OJK has also encouraged innovations such as gold tokenization through the regulatory sandbox and issued OJK Regulation (POJK) Number 2 of 2026 regarding ETFs with gold as the underlying asset.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bulion Bank Indonesia<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For <strong>Bulion Bank Indonesia (BBI)<\/strong>, the bullion ecosystem presents an opportunity to build a platform that brings together <strong>gold, technology, industry, institutions, investors, and society<\/strong> within a modern ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BBI can be directed to become part of that ecosystem through the development of services such as:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Gold Trading | Gold Custody | Gold Financing | Institutional Services | Digital Bullion | Corporate Gold Solutions | Refinery &amp; Assay | Bullion Advisory<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With robust governance, risk management, consumer protection, technology, and compliance, the bullion ecosystem can serve as a key instrument for enhancing the value-added contribution of gold to the Indonesian economy. This aligns with the five priorities of the OJK roadmap, which include strengthening governance, downstreaming, infrastructure and technology, cross-sector coordination, and consumer protection.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Positioning Indonesia as a Hub for the Gold Ecosystem<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ultimately, the bullion ecosystem is not just about... <strong>\u201cgold bank\u201d<\/strong>, but about building <strong>national gold economic infrastructure<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the entire value chain can be connected effectively\u2014from <strong>from mine to market, from physical gold to digital services, and from assets to financing<\/strong>\u2014Indonesia has the opportunity to create far greater value-added from its gold wealth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bullion Bank Indonesia \u2014 Connecting Gold, Finance, and the Future of Indonesia's Economy.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Ekosistem bulion bank di Indonesia merupakan bagian dari perkembangan baru industri emas nasional yang menghubungkan aktivitas pertambangan, pemurnian, perdagangan, penyimpanan, pembiayaan, investasi, hingga layanan digital berbasis emas. Pengembangannya semakin memiliki landasan yang kuat. OJK telah menerbitkan POJK Nomor 17 Tahun 2024 tentang Penyelenggaraan Kegiatan Usaha Bulion, yang mencakup antara lain simpanan emas, pembiayaan emas, perdagangan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-6203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bullion"],"_links":{"self":[{"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/posts\/6203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/comments?post=6203"}],"version-history":[{"count":2,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/posts\/6203\/revisions"}],"predecessor-version":[{"id":6205,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/posts\/6203\/revisions\/6205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/media\/6206"}],"wp:attachment":[{"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/media?parent=6203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/categories?post=6203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulionbankindonesia.com\/en\/wp-json\/wp\/v2\/tags?post=6203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}