Indonesian Wealth Management Forum 2019 - Exclusive Insights - Ivan Jaya - 2

Ivan Jaya of Bank Commonwealth

Oct 21, 2019

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1. Are traditional banks attractive enough for the new wealth creators and next generation of customers?

Video transcript

1. Are traditional banks attractive enough for the new wealth creators and next generation of customers?

Like it or not, the traditional banks, right now, they need to adapt. To adapt in terms of how technology would help them, that currently, in terms of what they lack, in terms of the talents in delivering wealth management (services). But right now, with the help of the technology, we are seeing that one, two (of the) traditional local banks right now (are) revamping their apps (or) creating (a) wealth management app, in order to tap this market, because they need to grow their fee-based income.

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