OJK Explains Purpose Behind Queen Maxima's Indonesia Visit

Focus on Financial Health Concept

Otoritas Jasa Keuangan (OJK) Chairman Mahendra Siregar revealed that Queen Maxima of the Netherlands visited Indonesia to introduce the concept of financial health or 'kesehatan keuangan'. This visit, which took place in Jakarta on November 27, 2025, marks a significant collaboration between Indonesian financial regulators and international financial experts.

Beyond Financial Inclusion

Mahendra explained that the concept of financial health goes beyond the traditional focus on financial inclusion. While Indonesia has been working on improving financial inclusion, the concept of financial health encompasses a broader perspective, focusing on the overall financial well-being of individuals and society as a foundation for national prosperity. The OJK chairman highlighted Queen Maxima's extensive experience as the UN Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), which has given her valuable insights into global financial health issues.

Four Pillars of Financial Health

To achieve financial health, Mahendra outlined four critical pillars:

1. Financial Access: Ensuring that financial services such as savings accounts, credit facilities, and payment systems are accessible to all segments of society.
2. Financial Literacy: Enhancing the public's understanding of financial products and services to make informed decisions.
3. Financial Stability: Maintaining a stable financial system that can withstand economic shocks.
4. Consumer Protection: Implementing robust mechanisms to protect consumers from predatory financial practices.

Significance for Indonesia

The introduction of the financial health concept is particularly relevant for Indonesia as it aligns with the country's ongoing efforts to develop its financial sector. By adopting a more holistic approach to financial development, Indonesia can potentially enhance its economic resilience and improve the financial well-being of its citizens. This visit and the discussions that followed are expected to pave the way for further collaboration between Indonesia and international financial institutions in promoting financial health.