BANK BJB together with the Ministry of Home Affairs (Kemendagri) and regional governments officially launched the digitalization innovation of village finances through the Village Financial System (Siskeudes) Link, which will be implemented in 18 districts and 1 city in West Java.
This step aims to encourage accountability and transparency in village budget management, as well as simplify digital financial monitoring and reporting.
The signing of this joint commitment was held at Jimmers Mountain Resort, Bogor, with the presence of representatives from the Community and Village Empowerment Service (DPMD) and the West Java Province Communication and Information Service (Diskominfo), as well as the leadership of Bank BJB.
This collaboration includes the implementation of Siskeudes Link which is connected to the API Cash Management System (CMS) from Bank BJB, enabling financial transactions in villages to be carried out digitally, without the involvement of cash.
Head of the Institutional & Wholesale Banking Division of Bank BJB, Isa Anwari, said that through this CMS, village governments can carry out direct transactions safely and easily monitored.
This system is expected to reduce the potential for budget misuse and support efficiency in recording village finances.
As a perception bank, Bank BJB is responsible for managing all village financial transactions.
This support not only provides access to digital banking services for rural communities, but also expands financial inclusion in remote areas.
“With Siskeudes Link, villages in West Java will be more independent in managing their finances and have full control over their budgets,” added Anwari.
This commitment signing event was also accompanied by socialization of the Siskeudes Link features, where village officials were introduced to this new system which is expected to make it easier to record and report village budgets.
BJB Bank CMS enables secure electronic fund transfers, as well as providing accurate data regarding income and expenditure, which is important for decision making.
BJB Bank will also provide training and assistance to village officials to ensure CMS operations run smoothly.
This step is important so that villages can maximize the benefits of non-cash transactions and create a transparent and accountable financial ecosystem.
This initiative is in line with the central government’s vision of encouraging technology-based village financial management.
Head of West Java Province DPMD Dicky Saromi hopes that villages in this province can become a model for implementing non-cash transactions for other regions in Indonesia.
“With this digitalization of finance, villages in West Java can become pioneers of modern, effective and accountable financial governance,” he said.
In the future, Bank BJB plans to introduce other services that support village economic growth, such as micro loans for small and medium businesses.
The hope is that this support will spur local economic development and strengthen Bank BJB’s position as an innovative regional development bank.
With this collaboration, Bank BJB, DPMD and Diskominfo are optimistic that the digitalization of village finances in West Java will create a significant impact on the village economy, making villages more independent and integrated with the modern financial system. #MIA (RO/Z-10)
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**Interview with Isa Anwari, Head of the Institutional & Wholesale Banking Division of Bank BJB**
**Interviewer**: Thank you for joining us today, Isa. Bank BJB has recently launched the Village Financial System Link, or Siskeudes Link, in collaboration with the Ministry of Home Affairs and local governments. Can you explain the significance of this initiative?
**Isa Anwari**: Thank you for having me. The Siskeudes Link initiative is significant because it digitalizes village financial management, promoting transparency and accountability in how village budgets are handled. By integrating this system across 18 districts and one city in West Java, we aim to simplify financial transactions and enhance monitoring and reporting processes. This digital transformation is crucial for empowering our rural communities.
**Interviewer**: How does the Siskeudes Link function in practice for village governments?
**Isa Anwari**: The Siskeudes Link connects to our API Cash Management System (CMS), allowing village governments to conduct financial transactions digitally without the need for cash. This transition not only makes the process safer but also enables real-time monitoring of financial activities. Village officials are equipped with the tools to manage their finances more effectively, reducing the potential for misuse of funds.
**Interviewer**: Financial inclusion is a hot topic in today’s economy. How does this system contribute to expanding financial services in remote areas?
**Isa Anwari**: The Siskeudes Link plays a pivotal role in expanding financial inclusion by providing rural communities with access to advanced banking services. It enables them to take control of their financial management without relying heavily on cash, which can be cumbersome and insecure. Through this system, villages will be able to manage their budgets with full autonomy and better access to financial resources.
**Interviewer**: What are some expected outcomes of this initiative for the villages in West Java?
**Isa Anwari**: We expect that with the implementation of Siskeudes Link, villages will see improved efficiency in financial recording and reporting. This initiative will not only mitigate the risks of budget misuse but also empower village governments to make informed decisions regarding their finances. it fosters a culture of transparency and accountability, which is critical for sustainable development in these communities.
**Interviewer**: Is there anything else you’d like to highlight about this project?
**Isa Anwari**: I’d like to emphasize that this initiative is more than just a technological upgrade; it symbolizes a shift towards inclusive governance and empowerment for our rural communities. We look forward to working closely with village officials to ensure they are well-acquainted with the Siskeudes Link’s features and benefits, paving the way for independent and accountable financial management in West Java.
**Interviewer**: Thank you for sharing these insights, Isa. It’s encouraging to see how Bank BJB is contributing to the digitalization of village finances.
**Isa Anwari**: Thank you! We are excited about the journey ahead and the positive impact this will have on our communities.
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