Jakarta, CNBC Indonesia – The role of Small and Medium Enterprises in the ASEAN economy is very significant. SMEs in the ASEAN region have absorbed 35-97% of the workforce and contributed 35-69% to GDP in each country. So how does UOB view the prospects for digitalization and financial literacy in this segment?

Dewi Tuegeh Head of Business Banking UOB Indonesia said that more than 93% of SMEs who took part in the UOB survey believed that digitalization was important for business. UOB also participates in the development of Indonesian SMEs.

For complete details, watch Anneke Wijaya's dialogue with Dewi Tuegeh Head of Business Banking UOB Indonesia on CNBC Indonesia's Power Lunch Program, Monday (8/1/2024).