Bank Jakarta Urged to Improve Professionalism and Transparency

Jakarta Governor Pramono Anung stressed the need for Bank Jakarta to transform its work culture and strengthen professionalism during the opening of its 2026 Work Meeting at the Pullman Hotel in West Jakarta on Thursday (1/22).

"I want Bank Jakarta to be truly professional,"

"I want Bank Jakarta to be truly professional . To become professional, many things need to be changed," Pramono emphasized.

In his address, Pramono noted that Jakarta's economy is currently in very healthy condition, contributing 16.39 percent to the national gross domestic product (GDP). He said this strong fiscal position provides a solid foundation for Bank Jakarta to improve its performance.

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For that reason, Pramono stressed professionalism when appointing members of Bank Jakarta's board of directors and commissioners. To further strengthen the bank and prepare it for an initial public offering (IPO) next year, he underscored the need for a transformation in work culture, the adoption of smart and transparent work practices, and efforts to build public trust.

He also encouraged the development of stronger, more cohesive teamwork focused on delivering tangible contributions to Jakarta.

"That is why I am pushing for an IPO. I believe it will strengthen oversight," he said.

Bank Jakarta President Director Agus Haryoto Widodo said the work meeting was held under the theme "Rebound Faster to Achieve 1001," aimed at accelerating recovery and improving the bank's overall performance.

"This is not just about returning to normal, but about coming back stronger through disciplined execution, smart efficiency, and stronger business fundamentals," Agus explained.

He expressed confidence that Bank Jakarta could achieve its 2026 profit target of Rp1 trillion to build a healthy and credible performance track record while preparing the bank to move to the next level.

Agus also presented Bank Jakarta's 2025 performance, with total assets reaching Rp91.5 trillion as of December, achieving 106.8 percent of its Business Plan (RBB) target, or growing by 11 percent year on year.

Loan disbursement reached Rp57.9 trillion, equivalent to 106.7 percent of the RBB target. Meanwhile, as of October 2025, Bank Jakarta recorded a net profit of Rp345 billion.

"These results were driven by the structural strengthening measures we have undertaken, particularly in reinforcing reserves, adjusting risk policies, and making significant investments in information technology and cybersecurity," Agus explained.

In 2026, Bank Jakarta will focus on four main priorities: strengthening funding with a target of achieving a CASA ratio above 50 percent, improving asset quality, increasing the contribution of fee-based income, and adjusting the credit portfolio to make it more resilient.

The bank is also preparing for an IPO as part of efforts to enhance credibility and corporate governance. To support this plan, Bank Jakarta has proposed adjustments to its Articles of Association to the Jakarta Provincial Government, particularly related to increasing authorized capital.

"We understand that this process requires the support of the provincial government and a regulatory framework in the form of a regional regulation," Agus said.

He added that to strengthen Bank Jakarta's fundamentals and boost investor confidence, the bank will implement three strategic initiatives throughout 2026: developing information technology infrastructure, launching a next-generation mobile banking application, and introducing a Bank Jakarta credit card product.

"We view these three initiatives as key pillars in the IPO preparation process,” Agus stated.