Bank Jatim Records Positive Performance, Consistently Driving Business Scale Expansion.
Date: 30 october 2025Categories :
SURABAYA, October 30, 2025. PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim) continues its commitment to becoming a Regional Development Bank (BPD) that contributes significantly to regional economic growth while simultaneously being a BPD with competitive advantages. In line with its vision to become the No. 1 BPD in Indonesia, Bank Jatim is focusing on 3 main targets in 2025. These are improving the quality of assets and liabilities, deepening the digital ecosystem, and increasing business scale.
Bank Jatim President Director Winardi Legowo explained that, regarding the point of improving asset and liability quality, Bank Jatim emphasizes business growth that focuses on good asset quality and sustainable fund growth. Furthermore, credit distribution is carried out prudently and selectively, having a measurable risk profile and good prospects, as well as increasing sustainable third-party funds. "The increase in Bank Jatim's business capacity is carried out through deepening the digital ecosystem by integrating all business lines from the markets that constitute Bank Jatim's largest market share—whether from the local government finance sector, MSMEs, or the public—into a digital service ecosystem that is easy, fast, and secure," he elaborated.
Subsequently, as an effort to increase business scale, besides through organic growth, Bank Jatim is confident that business growth can also be accelerated through corporate actions. Since the end of 2024, Bank Jatim has carried out corporate actions in the form of capital participation in BPDs through the Bank Business Group (KUB) pattern and the issuance of bonds.
Winardi explained that after receiving approval from the OJK to form a KUB with Bank NTB Syariah, Bank Jatim will continue the KUB process this year with 4 BPDs that have signed a Share Holder Agreement (SHA). "As is the case with corporate actions in business generally, KUB requires accurate business steps and calculations, including support from each Controlling Shareholder and the OJK, of course. We can also inform that on September 30, 2025, Bank Jatim provided capital participation of Rp100 billion to Bank NTT as part of the KUB formation process. It is hoped that in the near future, the OJK will grant effective permission for the consolidation between Bank Jatim and Bank NTT," he emphasized.
Meanwhile, despite several challenges faced, both external and internal, Bank Jatim has proven capable of recording positive performance as of September 2025. This financial performance is a consolidation that also includes the performance of KUB members. Consolidatedly, Bank Jatim's performance in September 2025 was quite good. The asset value stood at Rp 125.1 trillion, growing 17.3 percent from the previous year. The increase in assets mainly comes from the contribution of productive assets, such as an increase in credit distribution of Rp 80.2 trillion, rising 29% YoY, and third-party fund management of Rp 99.3 Trillion, increasing 13.5% YoY. Well, through this asset management, Bank Jatim was able to book a net income of Rp 5.10 trillion, an increase of 29.25% YoY.
"Amidst economic challenges and business dynamics, Bank Jatim sees that economic growth is able to grow as credit demand still exists. However, observing the current conditions, Bank Jatim is indeed now more focused on the quality of credit distribution and the sustainability of the company," stated Winardi.
Furthermore, the consolidated net profit for the third quarter recorded an figure of Rp 1.14 Trillion, growing 23.5% YoY. In terms of asset management itself, Bank Jatim successfully generated interest income of Rp7.42 Trillion with a net interest income value of Rp5.10 Trillion, growing by 29.2% YoY.
One of Bank Jatim's strengths to support performance is the number of conventional networks spread across all regional areas, supported by an online digital network to facilitate the connectivity of public financial transactions. JCONNECT, as Bank Jatim's digital brand, successfully experienced an increase in both users and transaction utility. "To anticipate dynamics and in an effort to support business expansion and strengthen funding structure and liquidity, Bank Jatim also issued Phase 1 Sustainable Bonds of Rp 2 Trillion at the beginning of September 2025, divided into 2 tenors, which are a 3-year tenor with a Coupon Yield of 6.4% and a 5-year tenor with a Coupon Yield of 6.7%. The issuance of these Bonds received a fairly good response, oversubscribed by 1.15x," concluded Winardi.
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
Jl. Basuki Rahmat 98-104 Surabaya
T : (031) 5310090-99 ext 471
F : (031) 5310838