Profit From Bank DKI 2022 IDR 939 Billion, Highest Achievement Since The Company Was Established

JAKARTA - Bank DKI as a regional development bank (BPD) belonging to the DKI Jakarta Provincial Government has recorded a net profit of IDR 939 billion in December 2022.

President Director of PT Bank DKI Fidri Arnaldy revealed, the value of this profit is Bank DKI's highest achievement since the company was founded.

"This match, which is the company's highest achievement since its establishment, grew 29.11 percent compared to the December 2021 period of IDR 727.36 billion," Fidri said in his statement, Wednesday, February 8.

Fidri explained that Bank DKI's increase in net profit was achieved through an increase in interest income to IDR 4.53 trillion in December 2022. This figure rose 16.64 percent (YoY) from IDR 3.88 trillion in the previous year period.

In addition, the increase in transactions on digital platforms also played a role in boosting fee-based income growth by 27.71 percent to IDR 576.01 billion in December 2022, from IDR 451.03 billion in December 2021.

"Good control of interest expense affected an increase in net interest income by 8.92 percent to IDR 2.93 trillion in December 2022, from IDR 2.69 trillion in December 2021," he said.

Then, Bank DKI recorded an increase in the company's total assets by 11.51 percent to IDR 78.88 trillion in December 2022 from IDR 70.74 trillion in the same period the previous year.

In addition, Fidri said that DKI BUMD experienced an increase in lending throughout 2022, growing by 23.53 percent to IDR 48.37 trillion in December 2022 from IDR 39.16 trillion in the previous year.

The increase in Bank DKI's credit disbursement was driven by the growth of all aggressive credit segments year-on-year. Micro loans increased 54.22 percent to IDR 2.56 trillion in 2022 from IDR 1.66 trillion in 2021.

"The increase in bank performance was achieved through a strong expansion strategy as well as synergy and collaboration with various parties including BUMN, BUMD, and leading private companies," he explained.