JAKARTA - PT Bank Raya Indonesia Tbk (AGRO) recorded a net profit of IDR 4.4 billion in the first quarter of 2023. Meanwhile, other operating income increased by 13.3 percent yoy to IDR 65.4 billion from IDR 39 billion in the previous year.
"One of the contributors to the increase came from the recovery write-off which increased by 73.8 percent yoy to Rp39.1 billion," said Ida Bagus Ketut Subagia to the media, Thursday, April 27.
Then in terms of assets, loans given or KYD were recorded at IDR 6.9 trillion or 27.9 percent yoy lower than in 2022 of IDR 13.2 trillion.
The decline is in line with the company's transformation plan to transform the legacy business by adjusting the portfolio to medium loans to focus more on developing digital businesses.
During the first quarter of 2023, digital saving and digital lending products recorded a digital Bank Raya loan distribution of IDR 756 billion, an increase of 49.08 percent (YoY) from the previous year which amounted to IDR 507.1 billion.
The Bank Raya digital loan products include Pinang Dana Tanang, which has more than Rp6 trillion in disbursement, Pinang Connect, Pinang Maksima which increased 155.3 percent (yoy), Pinang Performa increased 179 percent (yoy), and Pinang Flexi increased 13.4 percent (yoy).
"Meanwhile, in terms of liabilities, Bank Raya collected third party funds of Rp. 8.7 trillion with the growth of Bank Raya digital deposits experiencing a significant increase," he said.
また読む:
It was recorded that digital saving increased by 358.3 percent (yoy) to Rp710.4 billion from the previous year's Rp155 billion.
The growth of Raya Digital Saving customers has reached more than 730 thousand users as of March 2023 since its launch in February 2022. Since the application was launched until Q1 2023, the increase in the use of Raya Digital Saving has reached more than 1.2 million transactions with a volume of almost IDR 2 trillion which includes transfers, payments (QRIS, e-wallet, credits, and purchases of KAI tickets, PLN payments).
"Bank Raya will continue to improve digital saving utilization in terms of features and displays and improve customer data security in order to support the fast and secure digital banking transaction experience at Raya Digital Saving," concluded Ida Bagus.
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