OJK Grants Business License to PT Juara Gadai Jawa Barat

New Pawning Company Enters West Java Market

The Financial Services Authority (OJK) has officially granted a business license to PT Juara Gadai Jawa Barat, enabling the company to operate as a pawning service provider in West Java Province. The license was issued through decree KEP346/PL.02/2025 dated November 26, 2025, as announced on OJK's official website on December 2, 2025.

Regulatory Compliance Requirements

According to Edi Setijawan, Head of Licensing Department at OJK, the license is effective from the date of the decision. The company is required to comply with OJK regulations, including displaying specific information at both its headquarters and branch offices as mandated by Article 48 of OJK Regulation Number 39/2024 concerning Pawning Services.

Implications for West Java Region

The entry of PT Juara Gadai Jawa Barat into the pawning industry in West Java adds to the region's financial services landscape. The company's operations will be under OJK's supervision to ensure compliance with financial regulations and consumer protection standards.