Bank Jatim Credit Disbursement Grows Significantly

JAKARTA - In the midst of increasingly fierce banking competition, PT Bank Pembangunan Daerah Jawa Timur Tbk (BJTM) or bankjatim continues to show its positive performance. Located at the Indonesia Stock Exchange (IDX) Building, the East Java bank has held an analyst meeting to explain the performance of the first semester of 2023 in the context of information disclosure on Tuesday, July 25.

The analyst meeting was attended directly by the directors of the bank, namely President Director of Busrul Iman together with the Director of Finance, Treasury & Global Services Edi Masrianto, Director of Micro, Retail & Medium R. Arief Wicaksono and Director of Risk Management Eko Susetyono.

Busrul explained that the East Java bank managed to get through the first semester of 2023 with a fairly good performance. During the first semester of this year, bankjatim lending was able to record a significant increase above the average of 13.02 percent (YoY). The highest credit growth occurred in the commercial sector & SME by 25.55 percent (YoY) and the consumer sector by 5.77 percent (YoY).

According to Busrul, access to financing for business actors must be opened as wide as possible in order to create new jobs and jobs. So that welfare can be created for the community.

"The growth in lending is a reflection of the running economy and indicates an increase in demand for goods and services from the community," he said, Tuesday, July 25. The credit growth that the bankjatim has achieved has made the company's LDR getting better. From 45.88 percent in the first semester of 2022 it increased to 59.54 percent in the first semester of 2023. Bankjatim's lending was also followed by improvements in loan quality.

This can be seen from the Loan At Risk (LAR) ratio which was sloping at 5.77 percent in the first semester of 2023, compared to 6.86 percent in the previous year (YoY). Gross Bankjatim's Non Performing Loan (NPL) ratio also decreased at 2.80 percent in Semester I 2023, compared to 4.12 percent in the same period the previous year (YoY).

"The decline in the NPL and LAR ratios shows that the quality of bankjatim credit is getting healthier and is a sign of recovery from several economic sectors," explained Busrul.

According to him, banks have been back to basic as one of the most trusted intermediation institutions in East Java in particular and are trying to continue to be one of the driving motors of the regional economy through lending in the productive and consumptive sectors whose composition is increasingly balanced.

In addition, the performance of bankjatim digital banking has also increased. JConnect during the first semester of 2023 managed to score a positive number. JConnect Mobile users in the first semester of this year have reached 566 thousand users or grew 30 percent (YoY). Meanwhile, the number of transactions is at IDR 3.4 trillion, up 35 percent compared to Semester I 2022 (YoY).

Furthermore, the JConnect IB Corporate user was at 7,550, an increase of 23 percent (YoY) with a total transaction amount of Rp853 billion. Then, the number of East Java Agents during the first semester of 2023 was 4,853 users or grew 30 percent (YoY) with a total transaction amount of Rp7.2 billion.

Our Merchant QRIS has reached 90,403 or grew 61 percent (YoY) with a total transaction amount of IDR 56 billion or grew 76 percent compared to the same period last year (YoY). JConnect Loan also grew positively and has been used to process 12,300 credit approvals from 16,500 credit applications," explained Busrul. ), Funding Officer (FO), and carry out customer segmentation.

Our growth of AO and FO is very massive. in the first semester of 2022, our number of AO is only 90 people, but in the first semester of 2023 it has shot up to 405 people. This figure shows there is a growth of 350 percent, "said Busrul.

Then the number of FOs in the first semester of 2022 amounted to 556 people, then in the first semester of 2023 it increased to 968 people. So there is a growth of 74.10 percent.

In addition, banks also carry out the transformation of Human Capital in several ways. Namely the fulfillment of employees through the East Java Internship Program (JIP), Office Development Program (ODP), General Banking, IT Staff, to Senior Executive Vice President (SEVP) programs. Then, banks also provide facilities and benefits to employees through motorcycle allowance programs to support productivity levels.

The transformation of the rule making rules does not escape the attention of the bankjatim. The Company has updated internal regulations and various policies.

"We have also carried out the transformation of IT & digital banking and carried out corporate actions marked by conducting a KUB with Bank NTB Syariah," he said.