"Offshore banking can increase the selling value of Batam as an industrial city," said Chairman of the Regional Chamber of Commerce and Industry of Batam, Nada Faza Soraya in Batam, on Wednesday.
He said the provision of offshore banking with various incentives, customer privacy and convenience can be exciting industry.
Employers, he said, became more interested in saving money in Batam than national banks that do not provide various incentives and facilities.
"Flow of money can be increased in Batam, as many foreign businessmen who menyimpn money in Batam," he said.
With the amount of money in circulation, he said, the more business opportunities arise, so it can improve the life of the people.
"Indirectly offshore banking can improve the life of the people of Batam," he said.
In line with the tone, Head of the Management Research Centre, Faculty of Economics, University of Indonesia, Batam Rofikoh Rokhim said requires "offshore banking" to support the implementation of the Free Trade Zone and Free Port is implemented in the city adjacent to Singapore.
"Batam need to further promote offshore banking investment," he said.
He said the Batam already has the industry and trade, and encouragement to stay financially supported.
"All it takes Batam live one, live financial buffer," said Rofikoh.
Offshore banking is urgently needed foreign companies wishing to invest. The advantage of the banking system that is widely used Swiss banks that guarantee confidentiality, among others, tax breaks and ease the flow from inside to outside the country and vice versa.
To run offshore banking, he said, need a strong regulatory support in order not to be misused for negative activities.
From all regions of Indonesia, he said, only suitable for the development of Batam offshore banking, because it was designated as FTZ and its strategic location adjacent to Singapore.
Deputy House of Representatives Commission IV Harry Azhar Azis said that offshore banking is suitable to be developed in Batam.
In fact, said Harry, offshore banking has been practiced indirectly through the investment in Batam who save their money in banks in Singapore.
"In fact, offshore banking is similar to the FTZ, there is specificity, but these areas of banking," he said.
Source, Edit And Translated: Romescopurba.com
