Tag Archives: transformative

Regional Development Banks Poised for Transformative Role Amidst Fiscal Shifts: A Call to Elevate Regional Economic Power

April 16, 2026 0

Jakarta, Indonesia – Regional Development Banks (BPDs) are at a pivotal juncture, holding immense potential to evolve into central pillars of Indonesia’s regional economies, according to Agus H. Widodo, Chairman of the Association of Regional Development Banks (Asbanda). Speaking on Thursday, April 16, 2026, Widodo articulated a compelling vision for BPDs to transcend their traditional role as passive financial intermediaries …

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