JAKARTA - Bank Jakarta President Director Agus Haryoto Widodo targets Bank Jakarta will start listing on the exchange or initial public offering (IPO) early next year. The IPO plan is an instruction from DKI Jakarta Governor Pramono Anung to the DKI Provincial Government's regional development (BPD).
"As the Governor's instructions have said, we are now preparing. Hopefully in early 2027," said Agus when met at Kemang Village, South Jakarta, Monday, January 5.
Currently, Bank Jakarta is still preparing for a comprehensive banking transformation. This includes strengthening governance, risk management, and a professional work culture. Then, accelerate digital transformation and integrate ecosystem-based services.
Then, the modernization of IT infrastructure and the improvement of cyber security. Next, strengthening the function of intermediation, credit productivity, and the acquisition of cheap funds on an ongoing basis.
"We have improved all the fundamentals. So now we have improved the fundamentals, the fundamentals of Bank Jakarta. We have also processed the appointment of consultants for the preparation for the IPO," said Agus.
Meanwhile, Pramono explained that the initial public offering of Bank Jakarta shares was being prepared so that Bank Jakarta in the future could be supervised by the public and managed more professionally.
According to Pramono, the DKI Jakarta Provincial Government continues to coordinate with Bank Indonesia and the Financial Services Authority (OJK) regarding the plan. He has also asked the Bank Jakarta board of directors and commissioners to start preparing.
"We are also constantly coordinating with Bank Indonesia and OJK. And I have also asked the board of directors and commissioners to prepare for it," said Pramono.
Pramono assessed that the IPO plan was not only about business expansion, but also about increasing trust and professionalism in the management of regional banks. He emphasized that Bank Jakarta must be able to provide easy services to residents.
"Because as we know, Bank Jakarta is now owned entirely by the DKI Jakarta Government. As the Governor of Jakarta, I hope that this will be managed professionally, providing the greatest benefit for anyone who uses Bank Jakarta," he added.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
