Bank DKI Records Credit Growth And MSME Financing Of 15.54 Percent In The Third Quarter Of 2024

Photo: Doc. Bank DKI

JAKARTA - Bank DKI reported credit and financing growth in the MSME sector of 15.54 percent year-on-year (YoY), from IDR 4.93 trillion in September 2023 to IDR 5.70 trillion in September 2024.

This growth included an increase of 14.33 percent in the micro segment, which rose from IDR 3.27 trillion in September 2023 to IDR 3.74 trillion in the same period in 2024. The SME segment also experienced a significant increase of 17.91 percent, from IDR 1.66 trillion in September 2023 to IDR 1.96 trillion this year.

This increase strengthens Bank DKI's position in supporting national and regional economic stability, and affirms the company's commitment to contribute to the development of the MSME sector.

"Bank DKI focuses on lending quality and sustainable, supporting national economic resilience through the MSME sector," said Bank DKI President Director Agus H. Widodo, and his statement, Wednesday, October 30.

Bank DKI is also optimistic that it can achieve positive growth until the end of 2024 by conducting various internal consolidation, including system improvements and business processes. This is balanced with the emphasis on the principle of prudence in lending.

Overall, Bank DKI's total credit and financing grew by 9.55 percent from Rp49.96 trillion in September 2023 to Rp54.73 trillion in September 2024, with Gross's NPL ratio maintained at the level of 2.21 percent. The commercial segment recorded positive growth of 10.29 percent YoY, an increase from Rp23.45 trillion to Rp25.85 trillion.

Bank DKI's Director of Finance & Strategy, Romy Wijayanto, said that banking conditions in the midst of tight interest rate competition remained well managed. Bank DKI focuses on maintaining adequate liquidity, with a Loan to Deposit (LDR) ratio of 86.19 percent, AL/NCD of 103.24 percent, AL/DPK of 18.14 percent, and NSFR of 104.17 percent.

In addition, Bank DKI continues to make efforts to increase third party funds (DPK) through optimizing low-cost funds and expensive repriving funds. Until September 2024, the DPK reached IDR 63.50 trillion, relatively stable compared to last year.

With these various achievements, until the end of the third quarter of 2024, Bank DKI's total assets increased by 3.19 percent, to Rp80.74 trillion compared to Rp78.24 trillion in September 2023. Consistency in sustainable business expansion helped encourage an increase in net profit of Rp513.23 billion.

Bank DKI is committed to continuing to support national and regional economic growth through optimal product and service innovation, ensuring every step towards a sustainable future.