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    BJB Loan Growth Hit 13.6% in Q1


    JAKARTA - In the beginning of 2017, PT Bank Pembangunan Daerah Jawa Barat and Banten, Tbk. (BJBR) has recorded a solid loan growth of 13.6 percent year-on-year (y-o-y).

    During an analysts meeting in Jakarta, it was mentioned that in quarter I of 2017, the total loans disbursed by BJB Bank has reached IDR 62.7 trillion in which all credit segments experienced growth compared to the same period in the previous year.

    This good credit growth was balanced by the success of BJB in maintaining the ratio of non-performing loans (NPLs) at the level of 1.62 percent or much better than the first quarter of 2016 which amounted to 2.84 percent. The positive record resulted in the net profit of BJB increasing to IDR 446 billion.

    After presenting the financial performance of the company in the first quarter of 2017 during the Analyst Meeting of the first quarter of 2017 held in Jakarta on Thursday (04/27), Director of BJB Ahmad Irfan explained to the capital market analysts that the overall performance improvement trend has been successfully maintained. "We're still optimistic that we’ll be able to go through 2017 with an excellent record of performance," he said on Thursday. Jo

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