JAKARTA - Bank Mega Syariah posted revenue from the distribution of funds of Rp320.8 billion in the first quarter of 2025, growing more than 13.9 percent year on year (yoy).
"This achievement is in line with the company's strategy to strengthen the Hajj and Umrah ecosystem in Indonesia," said President Director of Bank Mega Syariah Yuwono Waluyo in Jakarta, quoted by Antara, Saturday, May 10.
Bank Mega Syariah also recorded a profit before tax of IDR 52.7 billion in the first quarter of 2025. The total financing of Bank Mega Syariah reached IDR 8.65 trillion in the first quarter of 2025, an increase of 23.5 percent (yoy).
"Thanks to the bank's ability to carry out the intermediation function properly, as of March 2025, Bank Mega Syariah's total assets exceeded Rp17.4 trillion, growing more than 13.1 percent from the March 2024 position which was recorded at Rp15.4 trillion," said Yuwono.
Bank Mega Syariah's efforts to increase Hajj savings are one that encourages the growth of third party funds (DPK), especially through wadiah savings funds which grow 45 percent on an annual basis.
The increase in Wadiah deposits also increased the portion of low-cost funds (CASA) from 29 percent in March 2024 to 33.3 percent in March 2025. As of March 2025, the DPK reached IDR 10.2 trillion or grew 1.9 percent from the March 2024 period.
One of the drivers of Wadiah deposits is the IB Hajj Savings product which is designed to provide convenience for the community in planning regular hajj departures in stages, according to sharia principles. Customers can save flexibly with light initial deposits and easy access through M-Syariah digital services," he said.
In addition to digital channels, Bank Mega Syariah also expands the penetration of Hajj savings through a community approach, including the Islamic ecosystem. In addition, the corporate ecosystem, both customers and non-customers, is also focused so that it can easily obtain Hajj savings services.
"We are trying to become the community's main partner in planning and carrying out worship in the Holy Land. This commitment is in line with the spirit of Gen Hajj-Hajj for All carried by the company, to open opportunities and encourage Hajj readiness for all levels of society, from Gen Z, Millennials, to Gen X," said Yuwono.
Bank Mega Syariah also facilitates customers who want to go to the holy land with a shorter waiting time than regular Hajj through the Flexi Mitra Mabru product.
This program is unsecured financing for the needs of special Hajj portion registration services through the Special Hajj Organizer (PIHK) of Bank Mega Syariah partners.
Until the first three months of 2025, Flexi Mitra Mabrur's financing grew more than 40.9 percent compared to March 2024, and is expected to contribute more than 8 percent to the total consumer financing in 2025.
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Meanwhile, the total consumer financing until March 2025 was recorded to have grown more than 38 percent from March 2024 and contributed about 5.59 percent to total financing.
Bank Mega Syariah also maintains asset quality by posting a gross zero-performing financing (NPF) ratio of 0.93 percent and net NPF of 0.82 percent.
This achievement reflects the excellent financing quality because it is far below the threshold set by the Financial Services Authority (OJK), which is 5 percent.
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