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    Credit Growth of bjb Bank Increases 12% During Year 2017

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    JAKARTA - Bank bjb closed the year 2017 with a positive result after successfully booked a net profit of Rp 1.6 trillion or grew 1.5% compared with the previous year.

    The achievement was driven by a 12% year-on-year increase in loan portfolio with a value of Rp 70.7 trillion, while the non-performing loan ratio (NPL) was down 1.51% down 18 basis points from the previous year .

    Third Party Funds collected amounted to Rp 81 Trillion or grew by 11.2% y-o-y. In addition fee based income also increased by 24.5% y-o-y. With good performance in 2017 the total assets of bank bjb grew to Rp 108.4 trillion or grew 13.1% y-o-y.

    "Bjb is ranked 13th largest national banks as evidence that bank bjb continues to grow and develop to realize the vision of bank bjb into 10 largest banks in Indonesia," said Director of Bank BJB Ahmad Irfan told reporters in Jakarta on Thursday (15/2) .

    In terms of loan growth, the largest contribution came from the Consumer Credit segment which was the first pillar of the bank bjb business which grew by 6.5% yoy, which is one of the growth drivers of Consumer Credit which is the growth of pensioners credit which rose to Rp 10.1 Trillion.

    The stable performance of bank shares (BJBR) during 2017 has brought BJBR into the calculation of the LQ-45 index.

    One of the benchmarks in the calculation of LQ-45 index is BJBR is one company that has high transaction value in Indonesia Stock Exchange. Jo

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