Kpei Facilitates Securities Lending and Borrowing Services in the Indonesian Capital Market.


LOKADEWATANEWS.COM – DENPASAR – BALI – As the 8th province with the highest number of Single Investor Identification (SID) in Indonesia, Bali is one of the potential areas to use PME services in Indonesia.

So that currently recorded, Bali has a number of capital market players as many as 20,430 investors.

Corporate Secretary of the Indonesian Clearing and Guarantee Corporation (KPEI) Reynant Hadi said, the use of Securities Lending and Borrowing services as a way to avoid failure.

“By borrowing at KPEI, transactions are cheaper than borrowing on the cash market,” Reynant Hadi explained in Denpasar, Thursday, September 26, 2019.

According to Reynant, Securities Lending and Borrowing benefits more efficiently. In addition, with PME each exchange transaction gives a guarantee to the buyer in obtaining shares.

“While other advantages, KPEI also conducts risk management by providing credit limits.” Transactions carried out are not subject to double taxation or double taxation, “he explained.

Besides that, collateral management is a guarantee and is managed in terms of trending limits with the concentration regulated, “Reynant added.

The PME service itself is the activity of borrowing and borrowing securities, between the owner of the securities as a lender or lender and those who need the securities as the recipient of the borrower loan.

So KPEI, said Reynant, had a role as a facilitator in the lending and borrowing transaction.

Head of the Investment Infrastructure Services Development Unit of PT Kustodian Sentral Efek Indonesia (KSEI) Amrizal Arief said, Bali was ranked 8th with the most investors in Indonesia, and the City of Denpasar had 10,007 investors.

The number of investors in the Indonesian Capital Market until the end of August 2019, has reached around 2,123,283 investors, including investors owning Securities, Mutual Funds and Securities issued by Bank Indonesia.

Amrizal said, in the socialization of the Securities Ownership Reference Facility (AKSes) in Denpasar City, his party wanted to focus on the AKSes Next Generation Facility (AKSes Next-G).

While the development includes an easy log-in process, simply using an email address.

“Next-G AKSes users are not only limited to investors but also the general public,” Amrizal explained

The activity, said Amrizal, aims to increase the use of AKSes facilities which are a protection facility for Indonesian Capital Market investors.

“AKSes Next-G also provides the latest information on infrastructure development development and KSEI achievements,” he said.

The system, said Amrizal, was developed to anticipate an increase in the number of investors in the capital market.

The capacity of the latest generation KSEI system has increased 6 times and is able to handle up to 3 million investors.

Throughout 2018, “KSEI has completed several developments such as the implementation of C-BEST Next-G or a system for depository and settlement of securities transactions in the capital market,” he said (TIM).