PT. Bank DKI recorded positive performance growth in the midst of ongoing economic recovery. Bank DKI's net profit as of September 2021 touched Rp 564 billion or grew by 40.5 percent compared to same period last year amounting Rp 401 billion.  

This growth was mainly supported by credit growth for micro, small, medium enterprise (MSME) segment

Bank DKI President Director, Fidri Arnaldy stated, growth in lending reached Rp 11.8% (Year on Year/YoY) from Rp 32.8 trillion in September 2020 to Rp 36.7 trillion in September 2021.

This growth was mainly supported by credit growth for micro, small, medium enterprise (MSME) segment that recorded growth of 31.4 percent (YoY) to Rp 2 trillion in the third quarter in 2021.

"The increase was also followed by commercial and corporate segments which rose 13.3 percent (YoY) to Rp 17.9 trillion, as well as consumer segment which grew 8.3 percent to Rp 16.7 trillion until the third quarter 2021," he conveyed, Monday (1/11).

He explained the growth in credit was supported by improvements in Bank DKI assets quality which was marked by decrease in non-performing loan (NPL) which recorded 2.93 percent in September 2021. It was improved from last September that reached 3.49 percent.

"Our efforts to improve ratio of non-performing loans have shown a good result," he mentioned.

However, he continued, Bank DKI remains aware of various impacts that will occur due to PPKM implementation on economy. In terms of collecting Third Party Funds (DPK), Bank DKI also showed an improvement where it increased by 7.2 percent (YoY) into Rp 47.1 trillion until the third quarter of 2021.

Increase in DPK has encouraged increase in Current Account Saving Account (CASA) to the total deposit of Bank DKI from 39.26 percent in September 2020 to 42.3 percent in September 2021.

"The effects are in line with improvement in cost of fund Bank DKI from 4.68 percent per September 2020 to 3.29 percent per September 2021," he said.

Along with Bank DKI's good performances, the Pre-Provisioning Operating Profit (PPOP) also increased by 56.5 percent (YoY) due to its strong low-cost funding structure.

"PPOP growth is mainly supported by net interest income growth which is recorded at 25.0 percent (YoY) and increase in non-interest operating income by 16.4 percent (YoY) unitl the end of third quarter of 2021," he added.

Seeing the improving financial performance, he assessed, Bank DKI could strengthen business fundamentals with Transformation 5.0 program, including improving funding structures, business processes, and developing the existing products.

"It is the manifestation of Bank DKI's efforts to meet the aspiration of shareholders and all stakeholders as well as improve capabilities and competitiveness to anticipate dynamics of change that continues to occur," he closed.