Applying GCG Consistently, Bank BJB And Its Subsidiaries Win Awards At ARA 2023

JAKARTA - Good Corporate Governance (GCG) is an important foundation for every company that wants to continue to grow amid increasingly fierce business competition.

With the implementation of good governance, the company not only ensures smooth operation, but also maintains the trust of stakeholders and meets compliance standards set by regulators.

The implementation of GCG at Bank BJB has shown significant results, bringing Bank BJB to grow and contribute to the economy.

As one of the leading companies in Indonesia, Bank BJB implements strict GCG in every aspect of its business.

Principles such as transparency, accountability, and integrity are the basis of daily operations.

This not only increases the efficiency of the company, but also provides added value for stakeholders, including customers and business partners.

Thanks to the consistent and comprehensive implementation of GCG, Bank BJB together with its subsidiary Bank BJB Syariah won a prestigious award at the Annual Report Award (ARA) 2023 at the 2023 ARA Awarding Night Internalizing Integrated Mindset Toward Sustainable Long Term Value Creation event.

ARA 2023 uses criteria in line with the OJK Circular Letter 16/2021 concerning the Form and Contents of Annual Reports, as well as technical guidelines for the preparation of continuous reports which refer to OJK Regulation 51/2017 concerning the Implementation of Sustainable Finances.

In addition, these criteria also accommodate the 2021 Indonesian Corporate Governance General Guidelines (PUGKI) and ASEAN CG Scorecard.

This award is clear evidence of Bank BJB's efforts to run a business in a sustainable manner, as well as maintain the trust of stakeholders through information disclosure.

Bank BJB has proven that GCG is able to be the main driver of positive changes in the company's performance.

With integrated governance, Bank BJB is able to improve financial performance and maintain environmental and social sustainability.

The ARA 2023 award received by Bank BJB is an acknowledgment of the company's commitment to managing annual reports in accordance with the best standards.

ARA itself aims to encourage information disclosure and the implementation of good corporate governance in Indonesia.

The implementation of GCG at Bank BJB is not only limited to fulfilling regulations, but also becomes the main basis for the company's expansion strategy.

By implementing GCG principles, Bank BJB is able to achieve sustainable growth and have a positive impact on the regional economy.

In order to maintain and improve the quality of governance, Bank BJB routinely evaluates its business processes, including adjusting to regulatory developments.

For this achievement, Bank BJB further strengthens its position as one of the best governance banks in Indonesia.