The Indonesia Financial Services Authority has approved PT Gadai Sakti Jakarta and PT Gadai Mas Nusantara to expand their permitted business area from the provincial level to the national level. The change allows both pawnshop companies to conduct business across Indonesia, subject to applicable legal and governance requirements. For PT Gadai Sakti Jakarta, the approval was granted through OJK Letter No. S-43/PL.02/2026 dated 7 May 2026 after the company met licensing requirements under Financial Services Authority Regulation No. 39 of 2024 on Pawnshops. OJK said it had previously granted the same nationwide business scope approval to Makassar-based PT Gadai Mas Nusantara. As market context, OJK reported that pawnshop industry lending reached IDR 157.20 trillion in April 2026, up 56.80 percent year on year, while industry funding rose 73.07 percent to IDR 123.31 trillion, consisting of IDR 105.39 trillion in borrowings and IDR 17.93 trillion in issued securities.
OJK2026-06-19
Indonesia Financial Services Authority approves nationwide business scope for PT Gadai Sakti Jakarta and PT Gadai Mas Nusantara
The Indonesia Financial Services Authority approved PT Gadai Sakti Jakarta and PT Gadai Mas Nusantara to expand their pawnshop business scope from provincial to national level. The approvals allow both firms to operate across Indonesia, with PT Gadai Sakti Jakarta's approval granted after it met the licensing requirements in Regulation No. 39 of 2024 on Pawnshops. OJK also reported that pawnshop industry lending reached IDR 157.20 trillion in April 2026, up 56.80 percent year on year.