JAKARTA: Indonesia's central bank said on Friday it had asked 23 banks operating in the country to stop getting new customers for their priority and wealth management services for a month starting from May 2.
"This is an effort from Bank Indonesia with banks to increase the quality of service and protection of customers," deputy governor Halim Alamsyah, responsible for banking supervision, told Reuters.
Bank Indonesia, also the main banking regulator, has asked the banks to improve their operating procedures and internal supervision, which will then be evaluated, he said.
Singapore's DBS earlier on Friday announced the move, which comes a few weeks after the central bank suspended Citibank Indonesia from recruiting new customers to its Citigold premium service after the police launched an investigation into suspected embezzlement.
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