bank bjb Aiming Infrastructure Projects by 2018

bank bjb showed a brilliant positive performance throughout the year 2017. This can be reflected in the total loan disbursement that grew 11.14% (yoy) with the value reaching Rp76, 4 trillion.

The record puts bank bjb credit distribution growing above the national average.

Significant growth in commercial lending reached 25%. The growth is supported by infrastructure development projects derived from APBD and APBN funds.

“Commercial loan targets grew by 14% in 2018. bjb banks will focus on infrastructure projects because the market share is huge,” said Director of Ahmad Irfan at the Analyst Meeting at the Ritz Carlton Hotel Jakarta on Thursday (15/2/2018 ).

So far, infrastructure projects underway in West Java can be realized as much as 20%. Evidence that the bank bjb so concerned about the welfare of the community.

In the last two years, bank bjb actively finance toll road infrastructure projects. Among them are Soreang-Pasirkoja toll road, Cikopo-Palimanan toll road, Kanci-Pejagan toll road, Bogor-Ciawi to Gempol-Pandaan-Karangjati segment.

Not only in West Java and Banten, because bjb bank also financed the toll road project in several other provinces such as Trans Sumatra and Trans Java.

“We are interested in financing infrastructure projects in West Java because it is secure, we are also involved in the Trans Java toll road segment which starts from Jakarta to Surabaya,” said Director of Commercial Bank bjb Suartini at the same time and place.

While the main business pillar of bank bjb of consumer credit grew 6.5%. The record puts consumer lending remains a captive market with a portfolio dominance of 67%.

In addition, micro credit of bank bjb grew by 33.7%. In 2018, bank bjb targets microcredit to grow by 29%. It shows bjb bank alignments in the activities of SMEs.

Credit expansion is directly able to encourage bank bjb generate profit Rp2, 051 trillion, with assets reached Rp108, 4 trillion.

Optimism soars in 2018 because the Indonesian economy is predicted to experience significant improvement. The view is based on Indonesia’s economic reforms that will develop fundamentally and systemically.

A more moderate growth projection will occur in 2018. That is, the consolidation between banking and the business world will not be as tight as 2017 as credit demand is on the rise.

Another positive note was that bank bjb could reduce its NPL ratio by 2017 to 1.51% or down 18 basis points from the previous year.

Meanwhile, total third party funds (DPK) collected amounted to Rp81 trillion or grew by 11.2%. In 2018, bank bjb targets loan growth and deposits of 11% to 12%. As for fee based income also increased by 24.5%.