OJK Grants Business License to PT Sentral Gadai Asia

Regulatory Approval for Pawnshop Operations

The Financial Services Authority (OJK) has officially granted a business license to PT Sentral Gadai Asia, a pawnshop company with operations in Bekasi. The license was issued through decree number KEP338/PL.02/2025 dated November 18, 2025, as announced on OJK's official website on November 24, 2025. According to Edi Setijawan, Head of the Licensing Department at OJK, the license is effective from the date of the decision.

Business Implications

This regulatory approval is crucial for PT Sentral Gadai Asia as it legitimizes their business operations in the Indonesian financial services sector. The company's ability to operate legally under OJK's supervision is expected to enhance consumer trust and confidence in their services. As a pawnshop company, PT Sentral Gadai Asia will be subject to OJK's oversight, ensuring compliance with regulatory requirements and consumer protection standards.

Regulatory Context

The OJK's decision to grant this license demonstrates its ongoing efforts to regulate and supervise non-bank financial institutions in Indonesia. By issuing licenses to qualified companies, OJK aims to maintain the integrity and stability of the financial services sector while promoting healthy competition among industry players.