Bank Permata Optimistic Funds For Double Digit Growth In 2025

JAKARTA - Bank Permata is optimistic that the management fund (AUM) is projected to experience a double digit increase by 2025. Although currently in the midst of various developing economic dynamics, including the phenomenon of eating savings, weakening purchasing power that indicates uncertainty in the market.

Director of Consumer Banking Permata Bank Djumariah Tenteram said that his party is still optimistic about the prospect of growth in wealth management in Indonesia. So that there will still be an increase in managed funds next year.

"We are consistently growing in double digits from year to year, in terms of AUM. For next year we will continue to grow in double digits, double digits are a bit large," he explained at the Wealth Wisdom press conference, Monday, November 18.

In the midst of economic challenges, Maria also highlighted the phenomenon of eating savings that has become a concern in recent times. This phenomenon is estimated to have an impact on people's purchasing power, especially in the lower middle segment.

However, he also noted consistent growth among the upper middle class and affluents. Based on the data he collected, in the last 4-5 years, the number of people who have wealth in Indonesia increased by 4 percent to 5 percent per year.

"So it means that there are groups or groups that are middle-up or high-affluent that consistently grow. Groups that are in middle-low, for example, do experience challenges," he said.

Even so, Maria said that the portfolio at Permata Bank still shows stability without a significant decline.

Therefore, Maria said Wealth Wisdom itself is an educational platform that aims to provide an understanding of financial management to the public so that people can prioritize needs (needs) rather than desires.

"So with wealth wisdom which is held from year to year, our hope is that the people of Indonesia and also our customers can get that kind of knowledge or education," he said.

In addition, Maria also expressed her hopes for a new government policy and believed that the policies that would be implemented by the new government could provide support for Indonesia's economic growth by 2025.

"We also believe that there will be new policies that will help support economic growth in 2025. So we still see this as very positive," he said.

On the same occasion, Head Wealth Management, Consumer Deposit, Don Cash Management Permata Bank Ricky Diego Yap explained, through Wealth Wisdom, his party wants to help customers navigate risks and investment opportunities so that their portfolio remains resilient through wealth management strategies that are relevant to their needs.

"We also encourage the development of banking services and wealth management that can be accessed in the Permata ME application to make it easier for customers to use banking and investment services, so that wealth management is in hand," he explained.

Ricky said that investment products from Permata Bank can be accessed through the Permata ME application. Through this application, customers can open an investment account, register for direct SID online (e-SID), make investment transactions such as buying and selling mutual funds, bonds, and Government Securities (SBN), to foreign exchange transactions.

In addition, customers can make Foreign Exchange (FX) transactions at Permata ME with very competitive rose (at 09.00-15.00); both Foreign Foreign Exchange (Valas), Valas - IDR, and Valas Valas; With a total of 13 transacted currencies. This capability is also included for book transfers to their own accounts, to fellow Permata Bank accounts, and remittance.