Up 11.09 Percent, J Trust Credit Reaches IDR 26.53 Trillion In 2024

JAKARTA - PT Bank JTrust Indonesia Tbk (BCIC) was able to close in 2024 by recording positive performance and growth.

As of December 31, 2024, credit grew by 11.09 percent yoy to Rp26.53 trillion.

Meanwhile, the same period the previous year was only Rp. 23.88 trillion.

The quality of credit is well maintained where the Non Performing Loan (NPL) ratio is in good health, namely 1.43 percent (nett).

Bank credit growth is supported by healthy capital with a CAR ratio of 13.9 percent and a healthy liquidity condition with LCR at the level of 121.84 percent and customer deposit growth through savings, demand, and bank deposit instruments to Rp 33.90 trillion or grew 5.9 percent from the same period the previous year.

In the development of green financing, Bank noted that 8.7 percent of the total credit portfolio or IDR 2.32 trillion was financing environmentally friendly business activities (KUBL) in accordance with technical guidelines for banks related to the implementation of POJK Number 51/POJK.03/2017 concerning the implementation of sustainable finance for financial services institutions (LJK), issuers, and public companies.

The year 2024 is also a momentum for J Trust Bank in strengthening its commitment to implementing the company's sustainability aspect. Through the launch of two green deposit programs, namely TORA Green Savings and TORA Blue Oceans Savings, J Trust Bank not only provides various save benefits but facilitates customers to spread goodness to the environment through planting mangroves and managing plastic waste.

"We thank all the main stakeholders, namely customers who have always been loyal to J Trust Bank. Even though in 2025 it will still be covered by challenges and uncertainties, J Trust Bank is optimistic about the company's performance which will continue to improve, "President Director of J Trust Bank, Ritsuo Fukadai," he said.

To achieve quality growth, J Trust Bank sets three main focuses in 2025, namely (1) credit and deposit growth; (2) profitability and efficiency; and (3) credit quality, liquidity, and capital.