Home - Official Website of West Java Province


Official Website of West Java Province
  • Main Menu
  • Tidak ada polling untuk saat ini.

    BJB Bank Held Business Review Quarter III


    BANDUNG-PT Regional Development Bank of West Java and Banten, Tbk. (bank bjb) held the Third Quarter Business Review at Papandayan Hotel Bandung, Monday (29/10).

    Bank Bjb's Business Review is one of the work programs that are carried out continuously in every Quarter. The purpose of this activity is to evaluate bank bjb's business performance and formulate bank bjb business strategies as well as build team work, synergy and togetherness among Business Review participants in order to achieve the bank's business strategy in the future.

    In addition to the presentation of performance, a presentation and discussion session was held with the theme "Handle Competition, Regain Your Market Share" which was filled by internal and external speakers. The event was also attended by the Governor of West Java Province, which in this case was represented by the Assistant for Economy and Development of the Regional Secretariat of Prov. West Java Eddy Iskandar Muda Nasution, Head of Regional 2 Financial Services Authority (OJK) West Java Sarwono, Chairperson of the Indonesian Bankers Association Zulkifli Zaini, and Lecturer at the Faculty of Business Economics and Head of UGM Center for Economic and Public Policy Studies, Tony Prasetian Tono.

    To participants, BJB Bank informed good performance growth amid global economic uncertainty and negative sentiment from escalating US and Chinese trade wars. Bank bjb in Quarter III of 2018 managed to record a net profit of Rp. 1.3 trillion or grew by 25.4% year on year. Total bank bjb assets were recorded at Rp. 114.1 trillion.

    "This is in line with the Indonesian Banking Statistics (SPI) released by the Financial Services Authority as of July 2018. Where since the beginning of the year, the level of bank net income has continued to increase," said BJB Bank President Director Ahmad Irfan.

    In another part of his presentation, Irfan also explained, the bjb Bank Net Interest Income managed to grow by 4.1% year on year. While Fee Based Income managed to grow significantly by 23.2% year on year.

    "On the funding side, with BJB Bank commitment to continuously improve services to the people of Indonesia and supported by the development of good technology to facilitate customer transaction services quickly, the bank bjb managed to raise Third Party Funds (DPK) totaling Rp 89.5 trillion, followed by the success of bank bjb increasing the portion of cheap funds or Current Account Savings Account (CASA) at the level of 51.8%, "he said.

    Bank BJB also managed to channel loans with a total credit of Rp. 74.6 trillion. Regarding the loan portfolio, bank bjb managed to maintain credit quality with Non Performing Loans (NPL) at the level of 1.58%. This NPL ratio is better than OJK's record regarding the banking industry's NPL at 2.74% as of August 2018.

    "Bjb Bank pays attention to various important indicators in the financial ratios so that they remain well, where in addition to positive bank profitability, bjb bank also consistently manages to maintain the level of efficiency and quality of assets," explained Irfan.

    bjb bank pays attention to various important indicators in financial ratios enough to be well maintained, where in addition to positive bank profitability, bank bjb also consistently manages to maintain the level of efficiency and quality of assets.

    With the many developments in several sectors to improve the quality of bjb bank, Irfan believes that bjb bank can compete with other national banks. Along with its glorious performance, bjb bank has won dozens of persistency awards throughout 2018 from various business and economic circles, such as Info bank Magazine, Tempo Magazine, Warta Ekonomi Magazine, Investor Magazine, SWA Magazine, Economic Review Magazine, Business News Magazine , etc. In addition, bjb bank performance is also reflected in the movement of bjb shares bank (IDX: BJBR), where BJBR stock prices are well appreciated in the Capital Market and are categorized as one of the preferred stocks in the LQ45 Stock Index. jo

    Share |


    Comments powered by Disqus