J Trust Bank Strengthens CSR Program After Earning IDR 44.02 Billion Profit In The First Quarter Of 2024

Illustration (Photo: Doc Antara)

JAKARTA - PT Bank JTrust Indonesia Tbk (J Trust Bank) pocketed a net profit of IDR 44.02 billion during the first quarter of 2024.

President Director of J Trust Bank, Ritsuo Fukadai, said that the improving business performance was in line with the company's commitment to social responsibility.

"We are determined to be part of the solution to economic, social and environmental problems in the company's operational areas," said Ritsuo through an official statement in Jakarta, Friday, July 12.

The catalyst for the increase in performance was triggered by gross credit growth of Rp. 26.10 trillion or grew 30.15 percent year on year (yoy).

Meanwhile, the acquisition of third party funds (DPK) grew to Rp33.53 trillion or 31.69 percent yoy.

The NPL ratio for the first quarter of 2024 J Trust Bank is also getting better, namely NPL net at the level of 0.67 percent.

Like a tit for tat, implementation of economic, social, and governance (ESG) aspects, PT Bank JTrust Indonesia Tbk (J Trust Bank) is committed to developing three main pillars in the implementation of corporate social responsibility (CSR), namely (1) Social Pillars; (2) Economic Pillars; and (3) Environmental Pillars. During June 2024, J Trust Bank together with working partners carried out three activities that focused on the Social Pillar.

In order to interpret World Blood Donor Day which falls on June 14, J Trust Bank held a blood donation activity in collaboration with the Indonesian Red Cross (PMI) Central Jakarta and the manager of the Sahid Sudirman Center Building, Jakarta.

The activity which lasted for three days was attended by 600 blood donor participants.

The blood donation, which is routinely held twice a year, is an effort by J Trust Bank to contribute to improving the quality of public health.

In the cold lava floods, flash floods, and landslides in several districts in West Sumatra that occurred in May 2024, J Trust Bank together with the United Tractors (UT) Group provided assistance to affected communities.

The assistance provided by J Trust Bank includes vitamins, school bags, blankets, and baby diapers, while United Tractors Group contributes excavators, school needs, cleaning equipment, and psychosocial personnel from Putra Indonesia University, Padang, West Sumatra.