Again, Bank DKI Wins Award

We continue to increase lending, especially to UMKM sector in Jakarta

The Bank DKI won the award for the 20 best performing banks in Indonesia in the Best CFO in Financial Institution event, Wednesday (12/11) yesterday. They managed to have good financial performance growth during June 2017 to June 2019.

Bank DKI Finance Director Sigit Prastowo said, in June 2019, his side succeeded in recording the realization of total loans and financing amounting to Rp 29.5 trillion or grew 5.9 percent compared to the same period the previous year amounting to Rp 27.9 trillion.

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"We continue to increase lending, especially to UMKM sector in Jakarta. Thus its growth reached 18.0 percent on an annual basis, from Rp 1.1 trillion to Rp 1.3 trillion," he expressed, Thursday (12/12).

It was supported by micro credit growth which recorded a growth of 33.3 percent, where as of June 2019, it was recorded at Rp 843.0 billion.

He went on to say that various programs to increase the micro credit had and would continue to be conducted until now. On July 25, the bank signed a mass micro credit agreement to 250 participants in the Integrated Entrepreneurship Development Program (PKT), represented by 40 entrepreneurs in a Business Matching event with the Jakarta Provincial Government and the Financial Services Authority.

As for the Third Party Funds, savings funds showed growth by 15.9 percent from initially recorded at Rp 8.1 trillion to Rp 9.4 trillion by the end of June. This amount increased the ratio of low-cost funds as indicated by the composition of CASA per June by 54.5 percent from the same period the previous year by 50.9 percent. The total assets as of June were recorded at Rp 45.6 trillion.

"These various business performance achievements have increased the realization of the bank's net profit as of June which was recorded at Rp 372.1 billion or grew 4.4 percent from the same period the previous year by Rp 356.4 billion. It was supported by an increase in net interest income as of June, which was recorded at 8.9 percent," he stated.