One Year of Pegadaian Gold Bank Strengthens National Ecosystem

One year after its official inauguration by President of the Republic of Indonesia Prabowo Subianto on 26 February 2025 at Pegadaian Tower in Jakarta, Pegadaian’s Gold Bank Service marks a significant milestone in the transformation of Indonesia’s national financial industry. The presence of this Gold Bank represents a strategic step by PT Pegadaian in optimising national gold potential whilst expanding public access to safe and productive investment instruments.

Pegadaian’s transformation as the pioneer of Indonesia’s first Gold Bank Service (Bullion Bank) reinforces its position as the nation’s “House of Gold”. This initiative supports the government’s Asta Cita programme in promoting economic self-reliance and strengthening financial inclusion based on gold commodities.

Over the past year, Pegadaian has expanded its role as a Gold Provider offering trusted physical gold, a Gold Custodian meeting international security standards, and a Gold Financing provider delivering more efficient and inclusive gold-backed financing solutions.

Supported by Law Number 4 of 2023 on the Development and Strengthening of the Financial Services Sector (UU P2SK) and Financial Services Authority Regulation Number 17 of 2024, Pegadaian now operates the most comprehensive bullion business activities in Indonesia.

Services include Gold Deposits, Working Capital Loans in Gold, Corporate Gold Custody Services, and Gold Trading. The integration of gold commodity services with modern digital technology has positioned Pegadaian as an institution capable of delivering investment solutions relevant to contemporary community needs.

Public enthusiasm for Pegadaian’s Gold Bank has been evident since the initial launch. Just one month after inauguration, on 26 March 2025, the Gold Deposit product had reached 800 kilograms under management. By February 2026, Pegadaian’s total gold under management increased significantly to 40.51 tonnes, whilst Gold Instalment Outstanding reached 7.37 tonnes.

Selfie Dewiyanti, Director of Marketing, Sales, and Product Development at PT Pegadaian, expressed appreciation for public confidence. “We are very grateful to the public for their enthusiasm towards Pegadaian’s gold products and services. By February 2026, Gold Bank transactions and management reached over 40.51 tonnes, whilst Gold Instalment Outstanding reached 7.37 tonnes,” she said.

Pegadaian has also strengthened its digital transformation through the launch of the Tring! by Pegadaian application on 10 October 2025 with the tagline “Gold Matters Made Easy and Quick #StartFromTring!”. This application makes it easier for the public, particularly young people, to invest in gold in a practical, safe, and integrated manner. Additionally, Pegadaian has strengthened Indonesia’s position on the global stage through the Bullion Connect 2025 forum themed “Linking Mines to Markets”, which brought together regulators, the World Gold Council, and industry players to align the vision for developing the national gold ecosystem.

Looking ahead, Pegadaian is preparing the launch of a Gold Exchange Traded Fund (ETF) in collaboration with strategic partners. This product will enable the public to invest in gold in real-time on the capital market, with price transparency, ease of digital transactions, and professional management. “The presence of Gold ETF is expected to increase financial literacy and inclusion, and provide the public with easier access to safe and efficient investment,” Selfie added.

The strengthening of Pegadaian’s Gold Bank ecosystem is also supported by Islamic compliance aspects. On 11 February 2026, the National Sharia Board of the Indonesian Ulema Council (DSN-MUI) issued Fatwa Number 166/DSN-MUI/II/2026 on Bullion Business Activities Based on Sharia Principles. This fatwa ensures Pegadaian’s Gold Bank operations are aligned with Islamic economic principles, further expanding service reach to the public.

One year into Pegadaian’s Gold Bank journey represents an important foundation for the future of gold investment in Indonesia. With support from regulation, digital innovation, and public confidence, Pegadaian has demonstrated that gold is not merely a storage asset, but also a modern investment instrument that is liquid, safe, and globally competitive. Pegadaian’s Gold Bank now stands as one of the strategic pillars in strengthening national economic resilience based on gold commodities.