Increase One Half Performance, Strengthened BJTM Stock Price

Date: 21 july 2016

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July 21, 2016 | In an effort to information openness, PT Bank Pembangunan Daerah Jawa Timur Tbk (bankjatim) implemented the analyst meeting and press conference to explain the performance of the first semester 2016 (unaudited) at the Fairmont Hotel, Jakarta (7/21). Based on the financial report of the first semester 2016 (unaudited), bankjatim recorded the net profit growth in the amount of 7,01% (YoY), or 561,10 billion rupiah.

bankjatim financial performance in the first semester demonstrated the performance and significant growth when compared to the same period in the previous year (YoY). Among them are visible from the loan distribution growth in the amount of 29,27 trillion rupiah (up 3,49% YoY), interest income grew by 2,40 trillion rupiah (up 8,18% YoY), and for Third Party Funds that were still dominated by low cost funds namely Savings grew as big as 12,38 trillion rupiah (up 35,62% (YoY). With the increase in the funds cost, bankjatim ratio CASA was maintained at 68,79% (for more 13 years, bankjatim ratio CASA was above 65%). This proved that bankjatim was effective in managing the funds cheapness.

bankjatim financial ratio position in June 2016 are 20,87% Return on Equity (ROE), 6.69% Nett Interest Margin (NIM), 3,18% Return on Assets (ROA), 70,56% Operational Expenses to Operational Income (BOPO), and 72,64% Loan to Deposit Ratio (LDR).

Performance enhancement that success recorded during the first semester of this year had positive impacts on BJTM stock growth in the capital market, with still dominated by foreign investors amounted 67,71% and domestic investors amounted 32,29%, the BJTM stock price reached 525 rupiah per stock at the end of June 2016. That level was the highest level that achieved in the first semester 2016, which showed the positive trend of public trust in bankjatim.

And to continue the strengthen its business, bankjatim at the second semester 2016 planned to expand their business, such as:

1. Batam Branch Office Opening
bankjatim with East Java Trade Representative Office was cooperation planning to open a branch office at Batam Riau Province in the second semester 2016. The opening of this office aimed to provide support to businesses doers at outside East Java Province.

2. Several products funding and lending launch that were expected to add bankjatim business strength, including:

    1. Siklus Prioritas Savings;
    2. Bank Jatim Mobile Banking;
    3. Laku Pandai (Financial Services Without Office in Inclusive Financial Framework);
    4. Bancassurance;
    5. and Laguna Industri Primer Credit.

3. Sharia Unit Spin Off Preparation.
Until June 2016, the number of bankjatim network had reached 1,446 service points consisting of 1 Central Office, 45 Branch Offices, 166 Sub Branch Offices, 185 Cash Offices, 97 Sharia Service Offices, 175 Payment Points, 78 Cash Cars, 6 ATM Cars, 691 ATMs, and 2 CDMs