Bank DKI Books Net Profit Of IDR 726 Billion In The Third Quarter

Residents queue to enter the automated teller machine or Bank DKI ATM. (Antara)

JAKARTA - Entering the third quarter of 2022, the regional development bank (BPD) owned by the DKI Provincial Government, Bank DKI recorded a net profit of IDR 726 billion in September.

President Director of Bank DKI, Fidri Arnaldy said, the bookkeeping of this positive performance experienced a growth of 28.83 percent (year on year/YoY) from the original IDR 564 billion in September 2021.

"Bank DKI continues to record positive performance with solid expansion in the third quarter of 2022, several financial performance indicators recorded good growth and were accompanied by improvements in asset quality," said Fidri in his statement, Monday, October 31.

Then, Bank DKI also recorded credit growth of 26.82 percent (YoY) from the previous IDR 36.9 trillion in September 2021 to IDR 46.7 trillion in September 2022.

Fidri said that credit growth was followed by an improvement in asset quality marked by a decrease in the gross non-performing loan (NPL) ratio from 2.93 percent in September 2021 to 1.81 percent in September 2022 with a loan at risk (LAR) of 13.68 percent. which was previously 17.32 percent in the same period last year.

In terms of collecting third-party funds (DPK), Bank DKI was still able to record growth in deposits of 29.51 percent, from IDR 47.1 trillion in September 2021 to IDR 60.9 trillion in September 2022.

"These various performance achievements encourage an increase in total assets by 26.90 percent from the original IDR 59.29 trillion in September 2021, to IDR 75.24 trillion in September 2022," said Fidri.

For this achievement, Bank DKI won the Indonesia Best BPD Awards 2022 with Top Financial Performance and Development Corporate Business Through Expanding the Range of Banking Services.

This award is given based on the performance of the Regional Development Bank institution during the pandemic which continues to make developments and provides positive stimulants to the economy.

"This award is an indicator of the success of the transformation efforts carried out since 2021 at Bank DKI," said Fidri.

The assessment of the Indonesia Best BPD Awards 2022 uses a Risk-Based Bank Rating (RBBR) approach with a number of variables consisting of six detailed aspects, namely Risk Profile (Risk-Profile), Good Corporate Governance, Capital, Intermediation Performance, and Digital Shifting Conditions.