Declared Healthy By OJK, Bank Banten Is Ready To Become Champion

SERANG - PT Bank Pembangunan Daerah Banten Tbk (Bank Banten) is officially declared a bank with a composite rating of three, which is ready to carry out business development by the Financial Services Authority (OJK).

This status was given after Bank Banten succeeded in fulfilling the four requirements in terms of capital, liquidity, settlement of non-performing loans, and replacement of management ranks.

The Governor of Banten Wahidin Halim (WH) received the notification letter of the status of Bank Banten from OJK in Jakarta on Thursday, May 6.

"Alhamdulillah. Today, Bank Banten is declared healthy by the Financial Services Authority," said Wahidin in a written statement, Friday, May 7.

President Director of Bank Banten Agus Syabarrudin welcomed the establishment of Bank Banten as a healthy bank. "The status of a healthy bank is also an acknowledgment of the transformation efforts that are being carried out through continuous improvement of business performance, strengthening liquidity, capital, strengthening risk management and implementing good corporate governance in Bank Banten," he explained.

Bank Banten is currently preparing various strategies to carry out measurable business expansion in order to generate profits in 2021.

Some of the strategies that have been prepared include refocusing the credit market by targeting less risky loans, particularly the ASN and pensioners segments and through the VII Limited Public Offering in the fourth quarter of 2021.

In addition, Agus Syabarrudin emphasized that his party has prepared four grand designs for the strengthening strategy of Bank Banten. First, through strengthening company talents in which all Bank Banten personnel must have high professional standards.

Second, strengthening capital and liquidity. Third, Bank Banten seeks to carry out a measurable business expansion through alignment of business models. Fourth, accelerate digital transformation in the context of integrating the development of information technology to support the implementation of the Regional Financial Ecosystem.

Previously in early 2021, Bank Banten succeeded in obtaining funding of Rp 1.871 trillion from the Limited Public Offering VI which was held at the end of December 2020 to early January 2021. With the implementation of this corporate action, the Banten Provincial Government's share ownership in Bank Banten through PT Banten Global Development increased. to 78.21%. Meanwhile, the other 21.79% are owned by the public.

"We hope that the various strategies we have prepared can make Bank Banten a 'Jawara Bank', champion and champion through sustainable business growth, providing added value to all customers, society and stakeholders as well as accelerating the increase in economic growth of Banten Province," added Agus Syabarrudin.