This Bank Owned By Chairul Tanjung Is Making A Profit Of IDR 3 Trillion In 2020

JAKARTA - PT Bank Mega Tbk posted a positive performance in 2020. In the midst of the COVID-19 pandemic, the bank's profit belonging to Chairul Tanjung shot up 50.2 percent or equivalent to IDR 3 trillion, compared to 2019's net profit of IDR 2 trillion.

Quoted from the disclosure of information on the Indonesia Stock Exchange (IDX) website, Tuesday, February 16, the profit of the MEGA-coded bank was supported by a net interest income of IDR 3.91 trillion. The achievement was up 9.2 percent from the previous IDR 3.58 trillion.

The bank, which is led by Kostaman Thayib, recorded credit disbursement of IDR 48.48 trillion, a contraction of 8.54 percent from the previous year's period of IDR 53.01 trillion. Meanwhile, Bank Mega's Third Party Funds (DPK) recorded a growth of 8.79 percent to IDR 79.18 trillion from the previous IDR 72.79 trillion.

Meanwhile, the ratio of Bank Mega's non-performing loans (NPL) in 2020 grossly fell to 1.39 percent from 2.46 percent last year. From the capital side, Bank Mega's capital adequacy ratio (CAR) is still quite convincing, namely 31.04 percent with a loan to deposit ratio (LDR) at 60.04 percent.

As a result, Bank Mega's assets increased to IDR 112.20 trillion in 2020. In the previous year, this business entity from Mega Corpora had assets of IDR 100.80 trillion.

For information, the President Director of Bank Mega Kostaman Thayib and other directors will give their presentation at the Public Expose 2021 with the theme "Positive Performance Amidst Economic Challenges" on Wednesday, February 17, 2021, and starting at 15.00 p.m. local time.

This open event can be watched via zoom, including the opportunity to ask questions directly to the board of directors of Bank Mega.