President Prabowo Launches Gold Bank to Strengthen National Economic Independence

President Prabowo Subianto officially inaugurated the Gold Bank, managed by BSI and Pegadaian, on Wednesday (26/2) in Jakarta. This initiative aligns with the Bersama Indonesia Maju Menuju Indonesia Emas 2045 vision, which emphasizes national economic self-sufficiency.

According to the Presidential Communication Office (PCO), the Gold Bank offers three key benefits to the country: providing a secure and structured platform for gold transactions, broadening investment diversification, and contributing to national foreign exchange reserves.

PCO Spokesperson Prita Laura, speaking to reporters on Thursday in Jakarta, stated that this initiative supports national self-sufficiency, which is a core mission of President Prabowo and Vice President Gibran Rakabuming Raka’s Asta Cita policy agenda.

"National self-reliance and economic growth are fundamental pillars in realizing Indonesia Emas 2045," Prita stated.

Economic Benefits of the Gold Bank

The Gold Bank serves as a secure and structured platform for investors to trade gold without the need to physically own it. Additionally, it helps stabilize the economy by managing gold reserves more effectively.

Beyond investors, the domestic gold industry—particularly jewelry and mining sectors—also benefits from expanded access to the global precious metals market.

From a macroeconomic perspective, increased domestic gold ownership is projected to contribute up to 1.6% to GDP growth, equivalent to IDR 245 trillion. Moreover, the Gold Bank ecosystem is expected to generate 1.8 million new jobs, both directly and indirectly.

BSI and Pegadaian’s Role in Gold Bank Management

BSI has been assigned to oversee two main business operations: gold custody services and gold trading. These new services complement BSI’s existing gold ecosystem, which includes gold pawning, installment plans, and BSI Digital Gold, managing a total of 17.5 tons of gold assets.

Meanwhile, Pegadaian offers services such as gold savings accounts, gold storage, gold financing, and gold deposits. Through this scheme, individuals can store their gold with Pegadaian and even deposit it as an investment asset.

With these extensive benefits, the establishment of the Gold Bank is expected to reinforce Indonesia’s economic stability and drive the country toward greater financial independence.