PT West Java Regional Development Bank and Banten Tbk. (BJBR) supports Bank Bengkulu’s business development. FOTO/doc.SINDOnews
JAKARTA – PT West Java Regional Development Bank and Banten Tbk. ( BJBR ) fully supports the business development of Bank Bengkulu after officially joining the bank bjb Bank Business Group (KUB). As is known, bank bjb is now one of the controlling shareholders of Bank Bengkulu, after the capital deposit of IDR 250 billion for the KUB process was completed and received approval from the Financial Services Authority (OJK) effective March 1 2024 and was ratified by the Ministry of Law and Human Rights on March 1 2024 Concerning Receipt of Notification of Changes to the Articles of Association of PT Bank Pembangunan Daerah Bengkulu.
Bank Bengkulu itself has held an Annual General Meeting of Shareholders for the 2023 Fiscal Year where one of the decisions was to appoint Beni Harjono as Main Director of PT Bank Pembangunan Daerah Bengkulu and Iswahyudi as Business Director of Bank Bengkulu.
The President Director of bank bjb, Yuddy Renaldi, said that it is hoped that after the AGMS, Bank Bengkulu can immediately focus on developing business and strengthening synergies with bank bjb. Thus, positive performance can continue to be improved.
Bank Bengkulu posted positive financial performance throughout 2023 with Bank Bengkulu’s total assets growing 4.20% year on year (yoy) to IDR 9 trillion from the previous year’s value of IDR 8.7 trillion and recording an unaudited net profit of IDR 82.95 billion.
Then third party funds (DPK) collected by Bank Bengkulu increased 1.45% to IDR 7 trillion from the 2022 period which was at IDR 6.95 trillion. Bank Bengkulu’s performance in 2023 is also reflected in the ROA (Return on Asset) ratio value of 1.27%, the ROE (Return On Equity) ratio value of 6.79%, and the CAR (Capital Adequacy Ratio) ratio value strengthening by 26. 46% in line with strengthening the capital of the banking industry, especially Bank Bengkulu, which as of 31 December 2023 had total core capital of IDR 1.26 trillion.
Yuddy said that with the election of a definitive new board of directors, it is hoped that this will be a monumental first step in realizing the big dream of BPD synergy to strengthen the stability of the Indonesian banking system and increase the existence of BPD as a driving force for economic growth.
“With the support of bank bjb, BPDs that join KUB bank bjb will certainly have a positive impact in accelerating the quality of their services and can be more efficient regarding capital expense expenditures through joint use of various infrastructure developments that bank bjb has carried out,” said Yuddy, Thursday (7/ 3/2024).
bank bjb will continue to support Bank Bengkulu to strengthen the business and ecosystem together through transformation and accelerated digitalization so that it becomes stronger and more efficient. The synergy and collaboration between bank bjb and Bank Bengkulu in the context of developing this joint business includes the use of joint infrastructure, especially information technology, human resource development, liquidity, financing and even capital.
Bank bjb synergizes with Bank Bengkulu to develop the businesses of both parties as a form of implementation of OJK Regulation Number 12/2020 to facilitate business development by sharing infrastructure so as to provide positive and mutually beneficial benefits for both parties. Yuddy said that bank bjb also invited several other BPDs to work together through KUB.
The synergy and collaboration that has existed between bank bjb and Bank Bengkulu will become a Pilot Project for all Regional Development Banks to strengthen capital in accordance with POJK Number 12 of 2020.
