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Page 1
2025
Annual Report
Strengthening Synergy,
Accelerating Sustainable
Growth
PT Bank Pembangunan Daerah Jawa Timur Tbk
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Strengthening Synergy,
Accelerating Sustainable
Growth
PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim)
successfully navigated the year 2025 with solid performance.
During the year, Bank Jatim strengthened synergy in fostering
integrated collaboration, realized through the enhancement of its
business ecosystem, the expansion of digital-based services such
as JConnect, and the optimization of the AGEN JATIM network,
which reached more than 14 thousand agents. In addition, Bank
Annual Report
Jatim reinforced its collaboration within the Bank Business Group
2025 (KUB) to create mutually beneficial partnerships. This synergy
extends beyond the consolidation of capital strength; it also
represents the alignment of vision to celebrate business growth
across all KUB member regions. Through these initiatives, Bank
Jatim remains committed to accelerating financial performance
growth that is not only aggressive in quantitative terms but also
high in quality. The Bank consistently upholds the principles of
Governance, Risk, and Compliance (GRC) to ensure sound and
sustainable business growth.
The implementation of this synergy has had a direct impact on the
enhancement of intermediation performance and the expansion of
the customer base, as reflected in the growth of Third- Party Funds
(DPK) customers and a significant increase in transaction volumes.
Meanwhile, through the acceleration of sustainable growth, Bank
Jatim achieved positive and consistent financial performance.
Throughout 2025, Bank Jatim successfully recorded a net profit of
approximately IDR 1.62 trillion, representing a growth of 24.80%
compared to the previous year. The Bank’s total assets reached
IDR168,85 trillion, reflecting a growth of 42.93%. Strong synergy
has served as the primary foundation in driving accelerated
performance, while a prudent and sustainability-driven approach
ensures that the growth achieved by Bank Jatim is not only robust
but also of high quality, inclusive, and sustainable in the long term.
PT Bank Pembangunan Daerah Jawa Timur Tbk 3
Page 4
Annual Report
2025
Theme
Continuity
Achieving Excellent Performance Annual Report
through Synergy and Collaboration 2024
PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim) is taking significant steps to
further strengthen its Bank Business Group (KUB) at the end of 2024. Moreover, as part of a
strategic step, Bank Jatim is currently in the process of becoming a holding company for 5 (five)
BPDs through KUB, such as Bank NTB Syariah, Bank Lampung, Bank NTT, Bank Banten, and
Bank Sultra. Bank Jatim and the 5 (five) BPDs will build a broader and more flexible banking
ecosystem and strengthen a more solid financial foundation to support regional and national
economic growth in order to achieve Bank Jatim’s vision as BPD No. 1 in Indonesia. With this
achievement, Bank Jatim has not only improved its financial performance, but also made a real
contribution to advance the regional economy and banking sector in Indonesia.
In addition to synergy, Bank Jatim also collaborates with the central and regional governments
in supporting strategic programs and projects for regional economic development. Bank Jatim
has driven business achievement performance by supporting the implementation of the East
Java Provincial Government program and national strategic projects in East Java Province.
Bank Jatim also cooperates with several Ministries and Government Institutions. Through this
synergy and collaboration, Bank Jatim has had a positive impact on the regional economy and
in particular, has been able to expand its service network in various regions, increase its ability
to provide financing to productive sectors, and support the development of MSMEs.
Building Growth through Annual Report
Business Strengthening 2023
In building the sustainable growth of PT Bank Pembangunan Daerah Jawa Timur Tbk. (Bank
Jatim), Bank Jatim always strives to improve the capabilities of all organs in carrying out
12
their business activities. This was implemented by increasing business growth, technological
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innovation, and efficiency. The Bank’s focus on achieving sustainable business growth was
by implementing various strategies, including changing business models, repositioning
networks, changing organizational structures, improving human resource (HR) management,
Building Growth
and increasing cyber security. Bank Jatim’s transformation program has been able to produce
through Business Strengthening targeted performance as demonstrated by an increase in the Bank’s profits and assets.
2023 ANNUAL REPORT
PT Bank Pembangunan Daerah Jawa Timur Tbk.
4 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 5
Modernizing The Service Annual Report
2022 Annual Report to Increase Business Growth 2022
Modernizing The Service
to Increase Business Growth
Innovations and investments made by PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank
Jatim) by developing JConnect as a Digital Banking Branding in 2021 was implemented in
2022. JConnect applications that had been developed include JConnect Sipandai, JConnect
EKMG, JConnect Eloan, JConnect Mobile Banking and Jconnect Internet Banking. These
various applications provided service convenience for the community which in turn had a
significant positive impact on business growth in 2022.
PT Bank Pembangunan Daerah Jawa Timur Tbk
Consistent Business Development Annual Report
through Synergy and Digital Connectivity 2021
Consistent Business
Development
Through Synergy
and Digital
Connectivity Changes in the marketplace and society require banks to change towards digital banking,
or services that are run with the support of Information Technology. Until 2021, PT Bank
Pembangunan Daerah Jawa Timur Tbk. had been innovating and investing in technology
to remain competitive in the era of the industrial revolution 4.0, especially in the current
situation of the COVID-19 pandemic and the new normal. This was intended to facilitate service
to customers, optimize business processes and strengthen IT Security. As a form of Bank
Jatim’s commitment to provide banking services availability, innovation, and ease of access
for customers and the public, Bank Jatim proudly presented “JConnect”, a Digital Banking
Branding reflecting Bank Jatim’s digital transformation with the spirit of connecting all needs
and easy access to services banking.
PT Bank Pembangunan Daerah Jawa Timur Tbk.
2021 Annual Report
JConnect was also able to increase the effectiveness of Bank Jatim’s synergy with various
partners through digitalbased applications, namely with various Bank Jatim merchants used
by educational institutions, local governments, social assistance and
hospitals as well as with various digital ecosystems in Indonesia.
The synergies and digital connectivity encouraged the implementation of consistent business
development. During the current COVID-19 pandemic, digital banking transactions experienced
a significant increase. People preferred to do banking transactions through their respective
gadgets, without having to come to the bank service office, and it could be done anytime and
anywhere in real time online.
PT Bank Pembangunan Daerah Jawa Timur Tbk 5
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Annual Report
2025
Table of
Contents
Theme and Theme Explanation 3 Description of Name Change 79
Theme Continuity 4 Vision, Mission & Corporate Culture 80
Table of Contents 6 Vision 80
Overview of Bank Jatim 9 Mission 81
Milestones 10 Review of Vision and Mission by the Board of
81
Commissioners and the Board of Directors
Our Best Contribution 12
Corporate Culture 82
Business Activities 85
01 Business Activities According to the Articles of
85
Association
Performance Highlights
On-Going Business Activities 86
2025 Important Achievements 16 Products and Service 86
Significant Financial Data Overview 18 Operating Area 98
Financial Summary and Financial Ratios 18 Daftar Keanggotaan Asosiasi 101
Operations Highlights 25 Organizational Structure 102
Stock Information 26 Profile of the Board of Directors 104
Corporate Actions 28 Profile of the Board of Commissioners 113
Termination Action While Stock Trading Stock Profile of Sharia Supervisory Board 120
29
(Suspension) and/or Stock Removal (Delisting)
Profile of Executive Officer 125
Bond, Sukuk, and/or Convertible Bonds
28 Employee Profile 141
Information
Other Funding Sources Information 28 Number of Employees by Gender 141
Company Analysis Report 28 Number of Employees by Positional Level 141
2025 Significant Events 30 Number of Employees by Age Range 142
Number of Employees by Educational Level 142
Number of Employees by Employment Status 142
02
Competency Development 143
The Board of Directors’s and The Shareholders Composition 144
Board of Commissioners’ Report Composition of 20 Largest Shareholders 145
The Board of Commissioners’ Report 42 Composition of 5% or more Shareholders 146
The Board of Directors’ Report 58 Composition of Less than 5% Public
147
Shareholders
The 2025 Annual Report Responsibility 70
Share Ownership of Directors and the Board of
148
Commissioners
03 Shares Ownership of the Senior Management 149
Classification of Shareholders 149
Company Profile
Principal and Controlling Shareholders 149
Corporate Identity 74
List of Entities, Associated Entities, and Joint
150
Name and Address of Branch Office and Sharia Venture Company
75
Branch Offices
Company Group Structure 152
Company Brand 78
Information of Bank Business Group 153
Company Brief History 78
6 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Chronology of Share Issuance 154 Material Information and Facts After the
322
Accountant’s Report Date
Chronology of Issuance and/or Listing of Other
156
Securities Business Prospects and Future Strategy 2026 323
Information on the Use of Public Accountant Achievement of Targets and Future Targets 327
156
Service (AP) and Public Accounting Firm (KAP)
Long-Term Plan Evaluation 332
Supporting Institutions and/or Professions 158
Policies, Announcements and Payment of
333
Award and Certification 159 Dividend
Information Available on the Website 163 Realization of Use of Public Offering Proceeds 335
Material Information Regarding Investment,
Expansion, Divestment, Merger/Consolation
335
Businesses, Acquisitions, Debt/Capital
Restructuring
04 Material Transactions Containing Conflicts of
Interest and/or Transactions with Affiliated 337
Management Discussion and Parties
Analysis on Bank Performance Policy on Loan Granting for the Board of
342
Commissioners/Directors
Economic Review 166 Changes In Laws and Regulations and Their
343
Impact on the Bank
Global Economic Analysis 166
Accounting Policy Changes 344
National Economic Analysis 167
Bank Soundness Level 345
Banking Industry Analysis 168
Business Continuity Information 346
Analysis of Bank Jatim’s Position in the
169
Banking Industry Governance Framework, Management,
347
and Control of Taxation Aspects
Operational Review 171
Response to Changes in Monetary Policy
Bank Strategic Plan 171 348
Direction
Marketing Aspect 174
Prohibitions, Limitations, and/ or Significant
Marketing Strategy 174 Constraints on Fund Provision Between the Bank 349
and Other Entities Within a Business Group
Market Share 174
Transaction Spot and Derivative Transactions 353
Operation Review Per Business Segment 177
Financial Review 211
Financial Performance 211 05
Statement of the Consolidated Financial
Position
211 Human Capital
Consolidated Statement of Profit or Loss and Human Capital Management Strategy 356
235
Other Comprehensive Income
Human Capital Management Strategy Policy and
Consolidated Cash Flow Statement 243 357
Implementation
Ability to Pay Debt and Receivable Recruitment 357
246
Collectability
Competency Development 358
Other Financial Ratios 251
Career Development 358
Fund Interest Rate 252
Performance Assessment 359
Basic Loan Rate 257
Remuneration 360
Quality Analysis of Productive Assets 258
Pension Program 362
Bank Capital Structure 264
Employee Engagement Survey 362
Information on Capital and Risk Exposure 267
Human Capital Information System 363
Material Commitments Related to Capital
321 Culture Internalization 363
Goods Investment
Capital Expenditure Investment 321 Disclosure of Information to Employees 366
Commitment and Contingent 322 Human Capital Management Structure 366
Human Capital Work Plan 2026 367
PT Bank Pembangunan Daerah Jawa Timur Tbk 7
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Annual Report
2025
06 Administrative Sanctions Imposed on
Companies, Members of the Board of
572
Commissioners and Directors by the Capital
Information Technology Market Authority and Other Authorities
Information Technology Strategy Plan 370 Access to Company Information and Data 573
Information Technology Innovation 374 Code of Conduct 581
Information Technology Infrastructure 376 Performance-Based Long-Term
585
Compensation Policy
Information Technology Governance 377
Whistleblowing System 586
Information Technology Management Structure 380
Anti Corruption Program 589
Information Technology Work Plan 2026 382
Management of State Official Wealth 592
Total Internal Frauds and Remedies 594
Provision of Funding for Social and/or
594
07 Political Activities
Provision of Funds to Related Parties and
Corporate Governance Provision of Large Funds
594
Basic for Corporate Governance Implementation 390 Bank Strategic Plan 594
Structure and Mechanism of Corporate Share Buyback and Bond Buyback 594
391
Governance Transactions Containing Conflicts of Interest 594
Structure of Corporate Organs 391 Internal Disputes 595
Governance Soft Structure 392 Prevention of Insider Trading 596
Corporate Governance Mechanism 394 Transparency of Financial and Nonfinancial
596
Shareholders 394 Conditions
General Meeting of Shareholders 394 Bank Business Group 596
Board of Directors 408 Implementation of Sustainable Finance,
Including the Implementation of Social 597
Board of Commissioners 423 Responsibility
Sharia Supervisory Board 457 Implementation of Public
597
Company Governance Guidelines
Nomination and Remuneration of the Board
462 Good Corporate Governance Assessment 605
of Commissioners and Board of Directors
Policies on Diversity of Board of
464
Commissioners and Board of Directors
Transparency of Share Ownership of
Directors and Board of Commissioners
467 08
Organs and Committees Under The Board of
Commissioners
469 Corporate Social
Organ and Committee Under The Board of
Responsibility
505
Directors
Implementation of Governance In Provision
of Remuneration for Commercial Banks
538
In Accordance with OJK Regulation 45/
POJK.03/2015
09
Public Accountant 541 OJK Reference Index
Internal Control System 542
Risk Management 546
Compliance Function 562
Anti-Money Laundering Program, Prevention
10
of Terrorism Funding & Prevention of Funding
566
for The Proliferation of Weapons of Mass Financial Statements
Destruction
Lawsuit 566
8 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 9
Overview of
The Company
Establishment Date:
August 17, 1961
Share Ownership:
51.13%
Level I Regional Goverment of
East Java Province
Business Field:
Banking Services 28.35%
38 Regency/City
Regional Goverment
20.52%
Public
Number of Offices:
Head Office 1
Product and Services: Network Offices 1,860
Saving Business Services
Consumer Loan Institutional Services
Micro & Retail Loan Sharia Financing Product
Medium and Corporate Loan Sharia Fund Products and Services
Treasury Products E-Channels and Other Services
PT Bank Pembangunan Daerah Jawa Timur Tbk 9
Page 10
Annual Report
2025
Milestones
1961-2015 2016-2019
1961 2016
Establishment of PT Bank Pembangunan Daerah Djawa • Launching of Program Loan Agreement
Timur. • Launching of Mobile Bank Jatim
• Launching of Sipandai Product
1976
Change of Status into Regional Owned Enterprise. 2017
• Opening of Batam Branch;
1990 • Launching of New Products, including:
- Yuan Remittance
Status upgrade to Foreign Exchange Bank.
- Giro Plus
- Jatim Indag Card
1999 - Smile Premium Link
- Jempol Link (Bancassurance in cooperation
Change of status from Regional Owned Enterprise
with PT Asuransi Jiwa Sinarmas MSIG Life.)
(BUMD) to Perseroan Terbatas (Incorporated
Company).
2018
2007
• Launching of Smart ID Card program for Civil
Establishment of Sharia Business Unit State Apparatus together with Sumenep
of Bank Jatim. Regency Government
• Launching of Revolving Fund Loans (Hulu Hilir
Agromaritim Loans for Maritime and Fisheries
2012
Sector)
Initial Public Offering on July 12, 2012. • Launching of Remittance Transaction
• Launching of Virtual Account
2014
Establishment of 44 Micro Business Units.
2019
• Inauguration and launching of BJTM Connect
2015 • Launching of jatimcode (payment feature for
Bank Jatim Mobile Banking through QR Code
• Launching of Jatim Priority (Premium Service for scan)
Priority Customers) product, Simpanan Pelajar • Launching of e-Form Loan Portal
(Simpel) Saving Product, SiUMI Saving & Loan • Bank Jatim and UINSA jointly broke a MURI
product (SiUMI Program is dedicated for Micro record in mass academic community’s activation
and Small Entrepreneurs), and Siklus Nelayan of 5,000 securities accounts
Saving Product. • Cooperation with GoPay and Grab
• Bank Jatim and Indonesian Regional Government • Female Volleyball Team achieved hat- trick and
Rural Banks Association (Perbamida) agreed to emerged Champion of Livoli of Main Division.
sign a Memorandum of Understanding (MoU)
related to the Linkage Program facility to Rural
Banks (BPR).
10 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 11
2020-2022 2023-2025
2020 2023
• Launching of the Jatim Code QRIS (Quick • Bank Jatim established an integrated business
Response Code Indonesian Standard) as the conglomeration with its sister companies, Bank
development of Mobile Banking payment UMKM Jawa Timur and BPR Perbamida.
features; • Bank Jatim strengthened its synergy with the
• Launching of loan products to BUMDES (Village East Java High Prosecutor’s Office.
Owned Enterprises) which is an integral part of • Bank Jatim established cooperation with RSU
the East Java Micro Loan; Brimadika for Employee Health Services.
• Bank Jatim won various awards, including Top • Bank Jatim collaborated with Universitas Negeri
of The Top BUMD 2020 and The Most Profitable Surabaya (UNESA) in the Business and Academic
Regional Bank. fields.
• Inauguration of the Bank Jatim-assisted Foreign
Exchange Pendulum Village producing leading
2021 regional products oriented toward export.
• Launching of Priority E-Jatim.
• Continuous digital banking development through 2024
J-Connect
• Bank Jatim officially held the Trade Connect
Summit 2024 for the first time in collaboration
with the Ministry of Trade of the Republic of
Indonesia and Export Center Surabaya.
• Launching of Cash Waqf Linked Deposit (CWLD),
making Bank Jatim the first among all Regional
• Expansion of Tax Payment Services through the Development Banks’ Sharia Business Units in
marketplace. Indonesia to introduce CWLD.
• Bank Jatim became the Holding Company of PT
Bank Pembangunan Daerah Nusa Tenggara Barat
2022 Syariah within the Bank Business Group (KUB)
structure.
• Launching of the JConnect Invest application
with the initial offering of product SBR011 with a
total offering of 4 retail SBN series throughout 2025
2022.
• Bank Jatim, in collaboration with the
• Launching of JConnect Remittance, a remittance
Pamekasan Regency Government, launched
transaction from Malaysia through a channel
KKI (Kartu Kredit Indonesia) to enhance the
(Agent or application) belonging to Bank Jatim’s
implementation of Regional Government
partners, namely MTA – Merchantrade Asia.
Transaction Electronification (ETPD).
• Bank Jatim launched QRIS Cross-Border as an
innovative payment solution.
• Introduction of Jatim Prioritas Syariah services,
complementing Jatim Prioritas services with a
dedicated segment for customers with Sharia
preferences.
• Bank Jatim became the Holding Company for
Bank NTT, Bank Sultra, Bank Banten, and Bank
Lampung within the Bank Business Group (KUB)
structure.
PT Bank Pembangunan Daerah Jawa Timur Tbk 11
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Annual Report
2025
Our
Best Contribution
Solid Profitability and
Operational Performance
In 2025, Bank Jatim recorded solid profitability by posting a net
profit (Bank Only) of IDR1.55 trillion, representing a year-on-year
growth of 20.65%. This achievement reflects the effectiveness
of consistently implemented business strategies, as well as the
bank’s ability to maintain a balance between growth and prudent
risk management.
From an intermediation perspective, loan expansion demonstrated
a positive trend, growing by 4.98% to IDR67.24 trillion. This growth
was supported by strong performance across the Consumer,
Micro, Retail, and Corporate segments, which collectively served
as the main pillars driving the expansion of Bank Jatim’s financing
portfolio.
Furthermore, the optimization of the cost of funds became a key
factor in enhancing operational performance. Through strategies
aimed at strengthening low-cost funds based on a transaction
banking approach, Bank Jatim successfully reduced interest
expenses by 4.84%. This initiative directly contributed to a
significant increase in Net Interest Income (NII), which grew by
12.13%, while reinforcing a more efficient and sustainable income
structure.
This performance was also reflected in the Net Interest Margin
(NIM), which remained at a sound level of 6.15%. This demonstrates
Bank Jatim’s capability to optimally manage its assets and liabilities
amid interest rate fluctuations and intensifying competition within
the banking industry.
To support sustainable business growth, Bank Jatim consistently
Assets and Risk Management prioritizes prudential banking principles and disciplined risk
Quality Resilience management practices. The consistency is reflected in the
Company’s efforts to maintain manageable asset quality amidst
economic dynamics and ongoing credit expansion. In terms of credit
quality, the Gross Non-Performing Loan (NPL) ratio was recorded at
3.88%. This figure reflected challenges, particularly in the retail and
consumer segments, but remained within manageable limits through
strengthened monitoring and intensive handling of non-performing
loans.
Having an anticipatory measure, Bank Jatim also proactively
strengthened its risk buffer by increasing provision costs to IDR1.7
trillion, representing a 37.39% year-on-year growth. The policy was
taken as a precautionary measure to anticipate potential future
credit risks and ensure Bank Jatim’s readiness to face economic
uncertainty. These efforts had positively impacted the Coverage
Ratio at a strong 102%. This provisioning level reflected Bank Jatim’s
capacity to adequately absorb potential credit losses, maintaining
overall financial performance stability. Implementing disciplined and
measured risk management, Bank Jatim is optimistic to maintain
sound asset quality while supporting prudent and sustainable
business expansion in the future.
12 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 13
Digitalization Acceleration and
Business Ecosystem
Digital transformation was a key pillar in driving Bank Jatim’s business
growth in 2025. Affirming its JConnect service and optimizing its
network of 14,842 Jatim Agents, Bank Jatim successfully built a more
inclusive, expansive, and integrated financial services ecosystem.
The initiative not only increased the accessibility of banking services
but also served as a key driver for new customer acquisition across
various segments.
Moreover, digital innovation was also realized through the
development of the “Jatim Kilat” application, designed to accelerate
the credit disbursement process, particularly in the micro segment.
Equipped with a simpler, faster, and technology-based process, this
application had proven to significantly increase credit penetration
and expand the reach of services to micro-enterprises in various
regions.
Contrastingly, the digital transformation was aligned with the
principle of operational efficiency. The alignment was reflected in the
maintained Operating Expense to Operating Income (BOPO) ratio at
79.92%. This achievement demonstrates that digitalization not only
drove business growth but also sustainably improved productivity
and efficiency. Overall, the acceleration of digitalization and the
strengthening of the business ecosystem were crucial foundations
for Bank Jatim in facing increasingly dynamic industry competition.
Going forward, Bank Jatim will continuously develop technology-
based innovations to provide faster, easier, and more relevant
services, while strengthening its position as a modern and highly
competitive regional development bank.
Massive Growth Through KUB
Consolidation in 2025
The year 2025 marked a significant milestone in Bank Jatim’s
transformation journey, highlighted by the completion of the
establishment of the Bank Business Group (KUB), comprising five BPD
partners, namely Bank NTB Syariah, Bank Banten, Bank Lampung,
Bank Sultra, and Bank NTT. The realization of this consolidation not
only reflects the successful implementation of the Bank’s corporate
strategy but also serves as a strong foundation for expanding its
business scale and enhancing its competitiveness within the national
banking industry.
Through this integration, Bank Jatim recorded significant consolidated
asset growth of 42.93% (year-on-year), reaching IDR168.85 trillion.
This increase demonstrates the Company’s success in optimizing
synergies among KUB entities, particularly in fund mobilization,
loan distribution, and operational efficiency. The expanding business
scale further strengthens Bank Jatim’s capacity to perform its
intermediation function more effectively and sustainably.
The KUB Consolidation also reinforces Bank Jatim’s position as one
of the key pillars of regional banking in Indonesia. Supported by a
broader network and a more diverse customer base, the Bank has
greater opportunities to enhance market penetration and deliver
inclusive and integrated financial services across various regions.
Moving forward, the successful establishment of the KUB will continue
to be leveraged as a strategic driver to accelerate growth, strengthen
the capital structure, and enhance the quality of governance and risk
management. Consequently, Bank Jatim is not only poised for massive
growth but also ensures long-term performance sustainability while
contributing to regional and national economic development.
PT Bank Pembangunan Daerah Jawa Timur Tbk 13
Page 14
2025
Annual Report
01
01 Kilas Kinerja
Performance Highlights
The Board of Directors and
02 The Board of Commissioners
Report
03 Company Profile
Management Discussion and
04 Analysis on Bank
Performance
05 Human Capital
06 Information Technology
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference Index
10 Financial Statements
Performance Highlights
14 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 15
PT Bank Pembangunan Daerah Jawa Timur Tbk 15
Page 16
Performance
01 Highlights
2025
Important Achievements
Total Assets
in 2025 reached
IDR
168.85
trillion
an increase of
42.93%
compared to IDR118.14 trillion
in the previous year.
Total Middle
Total Micro Credit Total Retail Credit
Segment Credit
Disbursement Disbursement
Disbursement
in 2025 reached in 2025 reached in 2025 reached
IDR
10.28 IDR
12.17 IDR
490.17
trillion trillion billion
an increase of an increase of an increase of
10.25% 11.35% 93.96%
compared to IDR9.32 trillion compared to IDR10.93 trillion compared to IDR252.71 billion
in the previous year. in the previous year. in 2024.
16 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 17
Annual Report
2025
an increase of
IDR807.22 billion
in 2025 reached
Sharia Third
27.57%
Party Funds IDR
3.73 compared to
trillion IDR2.93 trillion in 2024.
an increase of
IDR61.12 billion
in 2025 reached
Sharia
2.29%
Financing IDR
2.73 compared to
trillion IDR2.67 trillion in 2024.
an increase of
in 2025 reached
Equity 54.10%
IDR
22.50 compared to IDR14.60 million
trillion in the previous year.
Total Total Net Interest and
Consumer Credit Current Accounts Sharia Income
in 2025 reached in 2025 reached in 2025 reached
IDR
35.43 IDR
21.22 IDR
10.29
trillion trillion trillion
an increase of an increase of an increase of
5.84% 12.04% 22.78%
compared to IDR33.36 trillion compared to IDR18.94 trillion compared to IDR8.38 trillion
in 2024. in 2024. in the previous year.
PT Bank Pembangunan Daerah Jawa Timur Tbk 17
Page 18
Performance
01 Highlights
Summary of
Financial Overview
Financial Summary and Financial Ratios
Tabel of Financial Highlights (in IDR millions)
Description 2025 2024 2023 2022 2021
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSET
Cash 4,347,459 2,867,479 2,652,775 1,988,262 2,023,077
Current account with Bank Indonesia 6,620,239 5,584,147 7,971,412 10,786,740 8,805,300
Current account with other banks 675,483 505,084 491,330 303,129 211,681
Allowance for impairment losses (176) (277) (1,077) (441) (238)
Current accounts with other banks - net 675,307 504,807 490,253 302,688 211,443
Placements with Bank Indonesia and other banks 8,552,865 1,633,470 5,234,721 6,916,329 9,917,695
Allowance for impairment losses (380) (1,278) (5,026) (3,154) (1,763)
Placements with Bank Indonesia and other banks
8,552,485 1,632,192 5,229,695 6,913,175 9,915,932
- net
Receivables of spot and derivative 2,165 1,144 - 361 -
Marketable securities 28,107,297 20,367,544 16,323,831 23,217,671 32,388,966
Allowance for impairment losses (253) (3,052) (511) (400) (5,943)
Marketable securities - net 28,107,044 20,364,492 16,323,320 23,217,271 32,383,023
Marketable securities sold under a repurchase
- 9,149,544 8,303,663 4,095,066 -
agreement
Receivable from marketable securities purchased
7,630,818 617,860 6,247,318 7,822,847 3,420,685
under resale agreement
Other receivables 433,130 333,339 275,049 286,147 230,019
Allowance for impairment losses (93,663) (79,003) (58,656) - -
Other receivables - net 339,467 254,336 216,393 - -
Loans and sharia financing
Related parties 703,753 112,444 184,817 134,871 182,889
Third parties 109,798,867 75,240,296 54,576,086 46,061,786 42,566,670
Total loans 110,502,620 75,352,740 54,760,903 46,196,657 42,749,559
Allowance for impairment losses (3,713,637) (2,113,224) (1,364,905) (1,318,612) (1,831,417)
Loans - net 106,788,983 73,239,516 53,395,998 44,878,045 40,918,142
Accrued interest income 1,119,602 790,520 685,734 646,125 793,900
Prepaid expenses 196,492 206,572 207,452 166,661 134,200
Investments in associates 745 - - - -
18 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 19
Annual Report
2025
Description 2025 2024 2023 2022 2021
Investment in shares - 2,568 - - -
Fixed assets
Cost 4,783,501 2,980,176 2,110,487 2,109,260 1,906,263
Accumulated depreciation (1,769,496) (1,054,455) (856,218) (825,010) (762,052)
Book value 3,014,005 1,925,721 1,254,269 1,284,250 1,144,211
Intangible assets 422,231 162,946 23,444 - -
Deferred tax asset - net 409,157 438,391 472,123 502,238 627,211
Tax receivables 144,065 67,274 777 493 412
Other assets - net 484,579 332,618 380,147 140,998 115,775
TOTAL ASSETS 168,854,843 118,142,127 103,854,773 103,031,367 100,723,330
LIABILITIES, TEMPORARY SYIRKAH FUNDS AND EQUITY
LIABILITIES
Obligations due immediately 1,390,263 914,703 987,604 872,514 593,875
Deposits from customers
Related parties 14,058,003 12,268,842 12,644,538 15,295,405 17,719,735
Third parties 95,886,250 62,787,996 63,205,317 64,630,285 63,668,950
Total deposits from customers 109,944,253 75,056,838 75,849,855 79,925,690 81,388,685
Deposits from other banks
Related parties 49,848 44,323 56,694 141,996 360,169
Third parties 3,978,302 689,451 2,503,627 3,168,842 3,756,367
Amount of deposits from other banks 4,028,150 733,774 2,560,321 3,310,838 4,116,536
Liabilities of marketable securities sold under
3,518,805 8,780,366 7,915,163 3,891,346 -
repurchase agreements
Securities issued 1,968,253 102,389 - - -
Borrowings 5,914,822 1,527,532 596,977 631,464 655,288
Taxes payable 160,684 85,316 143,245 90,783 165,476
Accrued expenses 648,437 442,600 504,748 520,840 478,647
Other liabilities 1,326,931 809,256 779,314 472,054 529,738
TOTAL LIABILITIES 128,900,598 88,452,774 89,337,227 89,715,529 87,928,245
PT Bank Pembangunan Daerah Jawa Timur Tbk 19
Page 20
Performance
01 Highlights
Description 2025 2024 2023 2022 2021
TEMPORARY SYIRKAH FUNDS
Deposits from customers
Related parties 2,821,838 1,193,291 3,764 2,302 3,021
Third parties 14,482,962 13,765,482 2,343,291 1,839,390 1,810,161
Amount of deposits from customers 17,304,800 14,958,773 2,347,055 1,841,692 1,813,182
Deposits from other banks
Third parties 150,143 130,541 19,422 28,285 71,364
Total deposits from other banks 150,143 130,541 19,422 28,285 71,364
TOTAL TEMPORARY SYIRKAH FUNDS 17,454,943 15,089,314 2,366,477 1,869,977 1,884,546
EQUITY
Share capital:
Series A: Rp250 (full Rupiah) per value per share
Series B: Rp250 (full Rupiah) per value per share
Authorized:
Series A: 24,000,000,000 shares
Series B: 12,000,000,000 shares
Issued and fully paid:
Series A - 11,934,147,982 shares
Series B - 3,081,350,100 shares 3,753,875 3,753,875 3,753,875 3,753,875 3,753,875
Paid-in capital - net 532,734 532,734 532,734 532,734 532,734
Revaluation surplus of fixed asset 819,047 788,317 788,049 789,998 749,717
Remeasurement of defined employee benefit
(143,957) (135,364) (117,777) (100,912) (163,811)
liability - net of deferred tax
Unrealized gain financial assets measured at fair
value through other comprehensive income - net of 247,551 (150,141) (63,958) (115,048) 213,177
deferred tax
Retained earnings
General reserve 6,901,07 6,441,453 5,788,041 5,042,390 4,301,777
Unappropriated 1,546,120 1,281,718 1,470,105 1,542,824 1,523,070
Non-Controlling Interests In Net Assets of
8,849,073 2,087,447 - - -
Consolidated Subsidiary
TOTAL EQUITY 22,499,302 14,600,039 12,151,069 11,445,861 10,910,539
TOTAL LIABILITIES, TEMPORARY SYIRKAH
168,854,843 118,142,127 103,854,773 103,031,367 100,723,330
FUNDS AND EQUITY
20 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 21
Annual Report
2025
Description 2025 2024 2023 2022 2021
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Interest and sharia income 10,291,308 8,381,809 7,357,284 6,882,651 6,655,168
Interest and sharia expenses (3,074,670) (2,656,211) (2,316,184) (1,965,595) (1,977,487)
Net interest income 7,216,638 5,725,598 5,041,100 4,917,056 4,677,681
Other operating income 1,075,152 832,238 648,420 533,569 806,357
Other operating expenses
Personnel (2,187,393) (1,745,062) (1,624,532) (1,674,698) (1,644,897)
General and administrative (1,658,079) (1,499,676) (1,315,015) (1,229,388) (1,078,820)
Allowance for impairment losses on financial assets (1,949,179) (1,287,595) (694,136) (404,659) (819,201)
Other expenses (457,142) (368,502) (200,796) (201,054) (150,020)
Total Other Operating Expenses (6,251,793) (4,900,835) (3,834,479) (3,509,799) (3,692,938)
Income from Operations 2,039,997 1,657,001 1,855,041 1,940,826 1,791,100
Non-Operating Income (Expenses)
Tax service fees - - - 6,084 4,684
Gain on sale of fixed assets - - - 5,274 3,952
Gain on sale of securities - net - - - 2,757 131
Gain (Loss) on foreign exchange - - - - 3,497
non-operating income 129,894 71,242 57,041 158,513 404,119
Non-operating expenses (77,248) (45,526) (19,339) (83,405) (269,509)
TOTAL NON OPERATING INCOME (EXPENSES) 52,646 25,716 37,702 89,223 146,874
INCOME BEFORE TAX EXPENSES 2,092,643 1,682,717 1,892,743 2,030,049 1,937,974
TAX EXPENSES - NET (475,450) (386,899) (422,638) (487,225) (414,904)
NET INCOME 1,617,193 1,295,818 1,470,105 1,542,824 1,523,070
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit or loss:
Revaluation surplus of fixed assets - - - 40,281 (4,665)
Remeasurement of employee benefit liability - - - 100,163 41,074
Beginning balance adjustment - - - (19,678) -
Related income taxes - - - (17,586) (7,804)
Items that will be reclassified subsequently to
profit or loss:
Unrealized gain (loss) on financial assets
measured at fair value through other 488,427 (107,359) 63,074 (400,611) 103,326
comprehensive income
Beginning balance adjustment - - - (3,730) -
Related income taxes (94,061) 20,206 (11,984) 76,116 (15,902)
PT Bank Pembangunan Daerah Jawa Timur Tbk 21
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Performance
01 Highlights
Description 2025 2024 2023 2022 2021
Items that will not be reclassified subsequently
to profit or loss:
Revaluation deficit of fixed assets 47,720 (16,190) (1,949) - -
Remeasurement of employee benefit liabilities (43,614) (20,469) (21,898) - -
Related income taxes 2,375 3,627 5,033 - -
Total 6,481 (33,032) (18,814) - -
OTHER COMPREHENSIVE INCOME - NET OF TAX 400,847 (120,185) 32,276 (225,045) 116,029
TOTAL COMPREHENSIVE INCOME 2,018,040 1,175,633 1,502,381 1,317,779 1,639,099
Income for the year attributable to:
owners of the parent entity 1,545,518 1,281,718 1,470,105 - -
Non-controlling interest 71,675 14,100 - - -
Total 1,617,193 1,295,818 1,470,105 - -
Comprehensive income for the year attributable
to:
owners of the parent entity 1,965,347 1,178,216 1,502,381 - -
Non-controlling interest 52,693 (2,583) - - -
Total 2,018,040 1,175,633 1,502,381 - -
BASIC EARNINGS PER SHARE (IN FULL AMOUNT) 102.93 85.36 97.91 102.75 101.43
CONSOLIDATED STATEMENTS OF CASH FLOWS
CASH FLOWS FROM OPERATING ACTIVITIES
Interest, sharia, provision and commissions
10,124,132 8,306,344 7,324,150 7,030,426 6,421,514
received
Interest paid (3,095,203) (2,708,316) (2,310,264) - -
Other operating income received 812,050 675,952 521,156 476,364 384,463
Collection of loans written-off 178,320 156,285 127,264 56,653 55,003
General and administrative expenses paid (1,926,529) (1,566,455) (1,283,327) (1,296,665) (1,211,045)
Personnel expenses paid (2,114,455) (1,836,797) (1,763,167) (1,659,597) (1,644,897)
Non-operating income received 202,018 69,815 60,386 172,136 416,380
Non-operating expenses paid (81,512) 45,500 (19,337) (82,913) (269,509)
Interest, sharia, provision and commissions paid - - - (1,931,344) (1,983,506)
Income tax paid (455,738) (313,729) (368,455) (389,372) (378,098)
Cash received before changes in operating assets
3,643,083 2.737.599 2,288,406 2,375,688 1,790,305
and liabilities
Decrease (increase) in operating assets
Placements with Bank Indonesia and other banks - 1,500 (1,500) (7,000) -
Loans (5,108,148) (10,079,129) (9,193,797) (4,347,656) (1,268,793)
Receivables of spot and derivative (1,021) (1,144) - - -
22 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 23
Annual Report
2025
Description 2025 2024 2023 2022 2021
Marketable securities sold under repurchase
- (845,882) (4,208,597) (4,095,066) -
agreement
Receivable from marketable securities purchased
(5,881,926) 5,629,458 1,575,529 (4,402,162) 9,152,359
under resale agreement
Other assets and other receivables (82,225) (112,232) (166,678) (117,044) 235,620
Increase (decrease) in operating liabilities
Liabilities immediately payable 37,314 (167,942) 115,091 278,638 109,040
Deposits from customers 4,547,375 (329,793) (3,570,473) (1,434,484) 14,733,587
Deposits from other banks 1,940,367 (1,834,568) (759,380) (848,777) 1,332,296
Liabilities of marketable securities sold under
(5,261,561) 865,203 4,023,817 3,891,346 -
repurchase agreement
Other liabilities 46,690 (183,478) 200,981 (39,476) 77,535
Net cash used in operating activities (6,070,273) (4,220,336) (9,696,601) (8,745,993) 26,161,949
CASH FLOWS FROM INVESTING ACTIVITIES
Marketable securities 5,285,043 (2,267,013) 6,948,323 8,846,760 (17,722,229)
Acquisitions of fixed assets (104,163) (67,992) (132,044) (248,269) (70,838)
Acquisitions of intangible assets (2,569) (3,377) (17,254)
Proceeds from sale of fixed assets 449 1,542 5,608 5,274 4,556
Acquisition of Subsidiary (300,745) (100,000) - - -
Proceeds from sale of investment in shares 1,669 - - - -
Cash receipts from acquisition of Subsidiary 6,388,488 1,126,261 - - -
Net cash provided by (used in) investing activities 11,268,172 (1,310,579) 6,804,633 8,603,765 (17,788,511)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds (payments of) from borrowings 3,585,399 (230,423) 43,578 (23,824) 23,933
Proceeds from additional share capital - - - - -
Proceeds (payments of) lease liability (43,399) (15,724) 6,316 (21,111) -
Additional paid-in capital 26,356 50,100 - - -
Payment of cash dividends (994,525) (816,693) (797,173) (782,458) (733,508)
Marketable securities issued 1,834,136 100,000 - - -
Net cash is used in financing activities 4,407,967 (912,740) (747,279) (827,393) (709,575)
DECREASE IN CASH AND CASH EQUIVALENTS 9,605,866 (5,758,704) (3,639,247) (969,621) 7,663,863
Cash and cash equivalents at the beginning of the
10,590,180 16,348,884 19,988,131 20,957,752 13,293,890
year
Effect of foreign currencies exchange rate change - - - - -
Cash and cash equivalents at end of year 20,196,046 10,590,180 16,348,884 19,988,131 20,957,753
Cash and cash equivalents consist of:
Cash 4,347,459 2,867,479 2,652,775 1,988,262 2,023,077
PT Bank Pembangunan Daerah Jawa Timur Tbk 23
Page 24
Performance
01 Highlights
Description 2025 2024 2023 2022 2021
Current accounts with Bank Indonesia 6,620,239 5,584,147 7,971,412 10,786,740 8,805,300
Current accounts with other banks 675,483 505,084 491,330 303,129 211,681
Bank Indonesia and other banks with original
8,552,865 1,633,470 5,233,367 6,910,000 9,917,695
maturities of 3 months or less from acquisition date
Total cash and cash equivalents 20,196,046 10,590,180 16,348,884 19,988,131 20,957,753
FINANCIAL RATIO (%)
Liquidity
Loan to Deposits Ratio (LDR) 85.39% 82.05% 70.03% 56.50% 51.38%
Current Account Saving Account (CASA)
Credit Quality
Non-Performing Loans (NPL-Gross) 3.88% 3.45% 2.49% 2.83% 4.48%
Profitability
Net Interest Margin (NIM) 6.15% 5.86% 5.57% 5.11% 5.11%
Return on Asset (ROA) 1.90% 1.60% 1.87% 1.95% 2.05%
Return on Equity (ROE) 13.35% 11.89% 13.96% 16.24% 17.26%
Profit to Income Ratio 25.17% 23.39% 18.32% 18.92% 20.40%
Efficiency
Operating Costs / Operating Income (BOPO) 79.92% 81.89% 77.27% 76.15% 75.95%
Ratio of Fee Based Income to Total Operating
5.73% 6.01% 6.10% 6.32% 5.50%
Income
Cost Efficiency Ratio 48.18% 53.60% 52.53% 50.64% 52.82%
Solvency
Liabilities to Equity 572.91% 706.91% 735.22% 800.16% 823.17%
Liabilities to Total Assets 76.34% 74.87% 86.02% 88.89% 89.17%
Earning Asset
Earning Asset Quality 5.71% 5.66% 4.31% 2.55% 3.31%
CKPN Against Earning Assets 2.78% 2.45% 1.72% 1.62% 2.10%
Fulfillment of PPAP / CKPN 83.89% 72.22% 71.72% 73.04% 67.93%
Capital
Minimum Capital Adequacy Ratio (CAR) 25.38% 23.49% 25.71% 24.74% 23.52%
24 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 25
Annual Report
2025
Description 2025 2024 2023 2022 2021
Compliance
Legal Lending Limit (LLL) - - - - -
Minimum Statutory Reserves (IDR) 0.63% 1.66% 2.49% 4.75% 5.73%
Minimum Statutory Reserves (Foreign Currency) 6.94% 9.02% 6.62% 7.39% 7.36%
Net Open Position (NOP) 2.55% 0.64% 0.43% 3.26% 0.84%
Other Ratios
Cost to Income Ratio (CIR) 36.85% 39.21% 39.56% 38.41% 38.83%
Operations Highlights
Table of Operational Highlights of Bank Jatim (in IDR millions)
Description 2025 2024 2023 2022 2021
CONVENTIONAL
CREDIT/LOAN
Corporate and Syndication Medium Loan* 6,621,615 - - 10,320,231 9,691,297
Retail and Micro Loan Programs * 12,172,476 - - 6,272,869 4,981,888
Consumer Loan 35,438,848 33,241,018 30,256,043 27,698,345 26,313,613
Micro Loan ** 10,284,249 9,328,208 6,674,026 5,289,479 -
Retail and Medium Loans** - 11,184,250 6,635,264 4,695,043 -
Commercial and Corporate Loans** - - 7,064,083 6,614,321 -
DANA PIHAK KETIGA/SIMPANAN
Current Account 26,953,988 18,936,461 20,750,151 23,477,047 25,862,874
Savings 39,539,632 30,490,156 28,016,300 23,118,307 24,264,622
Deposit 42,968,151 25,266,035 26,828,854 30,543,334 31,088,576
OTHER SERVICES
Treasury 29,614,294 27,421,397 36,430,876 43,251,010 45,281,074
SHARIA
Funding 3,734,597 2,927,376 2,602,606 2,065,118 1,985,795
Sharia Financing 2,726,948 2,665,824 2,187,858 1,903,471 1,762,368
Sharia Other Services 2,349,134 1,710,377 1,216,406 998,163 1,964,752
* In 2023, it was adjusted to the organizational structure and became part of Micro Credit, Retail and Medium Credit and Commercial and Corporate Credit.
** In 2020 to 2021, it was part of Corporate Medium and Syndication Loan as well as Retail Micro Credit and Programs
PT Bank Pembangunan Daerah Jawa Timur Tbk 25
Page 26
Performance
01 Highlights
Stock
Information
Bank Jatim has listed its shares on the Indonesia Stock Exchange since 2012.
Table of Prices, Volume and Capitalization of Bank Jatim Stock 2024-2025
Price per share
Number Market
Trading
of shares Capitalization
Year Volume
outstanding (IDR Billion)
Opening Highest Lowest Closing (Shares)
(shares)
(IDR) (IDR) (IDR) (IDR)
2025
Quarter I 540 590 450 500 15,015,498,082 484,329 7,507
Quarter II 470 575 460 500 15,015,498,082 436,089 7,507
Quarter III 500 535 482 510 15,015,498,082 272,645 7,657
Quarter IV 510 560 500 540 15,015,498,082 246,186 8,108
2024
Quarter I 625 695 595 600 15,015,498,082 622,466 10,360
Quarter II 600 605 496 525 15,015,498,082 1,040,025 7,582
Quarter III 525 585 520 565 15,015,498,082 187,957 8,483
Quarter IV 570 575 530 540 15,015,498,082 196,815 8,108
Graph of Bank Jatim Stock Closing Price for 2024-2025
600 525 565 540 500 500 510 540
700
650
Stock Closing Price (IDR)
600
550
500
450
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
2024 2025
26 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 27
Annual Report
2025
Graph of Bank Jatim Stock Trading Volume in 2024-2025
622,466 1,040,025 187,957 196,815 484,329 436,089 272,645 246,186
1,020,000
820,000
Trading Volume (Share)
620,000
420,000
220,000
20,000
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
2024 2025
Graph of Price and Trading Volume of Bank Jatim Stock in 2024 – 2025
622,466 1,040,025 187,957 196,815 484,329 436,089 272,645 246,186
1,020,000 700
820,000 650
Stock Closing Price (IDR)
Trading Volume (Share)
600
620,000 600
565 510
420,000 550
500 500
540 540
525
220,000 500
20,000 450
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
2024 2025
PT Bank Pembangunan Daerah Jawa Timur Tbk 27
Page 28
Performance
01 Highlights
Corporate Actions
In 2025 Bank Jatim did not carry out corporate actions related shares, changes in the nominal value of shares, issuance of
to activities that affect the number of outstanding stock, convertible securities, as well as additions and reductions to
including stock splits, stock mergers, stock dividends, bonus capital.
Bonds, Sukuk and/or
Convertible Bonds Information
Table of Chronology of Bank Jatim Bond Issuance
Issue Effective Total Bonds
No Details Tenor Currency
Date Date (IDR Million)
1. Bank Jatim Sustainable Bond I
October 1, October 1,
Phase I Series A of 2025 3 Years IDR 1,000,000
2025 2025
2. Bank Jatim Sustainable Bond I
October 1, October 1,
Phase I Series B of 2025 5 Years IDR 1,000,000
2025 2025
Other Funding
Sources
As of December 31, 2025, Bank Jatim has not issued other securities, so there is no information on the chronology of issuance and/
or listing of other securities.
Company Analysis
Report
No Name Recomendation Target Price Date
1. Sadif Investment Hold 375 April 7, 2025
2. PT Ina Sekuritas Investment Neutral 580 October 1, 2025
28 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 29
Annual Report
2025
Termination Action While Trading of Stock (Suspension) and/or Removing of Stock
(Delisting)
As of December 31, 2025, Bank Jatim has never been subject to sanctions for temporarily suspending stock trading (suspension)
and/or delisting stock (delisting).
Rank
Offering Maturity Interest Payment
Trustee
Price Date Rate Status
2025 2024
100% of total
PT Bank Negara Indonesia
principal amount October 1, 2028 6.40% (fixed) Active IdAA- -
(Persero) Tbk
of bonds
100% of total
PT Bank Negara Indonesia
principal amount October 1, 2030 6.70% (fixed) Active IdAA- -
(Persero) Tbk
of bonds
No Name Recomendation Target Price Date
Resume
1. Massive Growth Through KUB Consolidation: 2025 marked a milestone for Bank Jatim, with the completion of the formation of a Bank Business
Group (KUB) encompassing five partner regional development banks (Bank NTB Syariah, Bank Banten, Bank Lampung, Bank Sultra, and Bank
NTT). This strategic step significantly boosted consolidated assets by 42.93% (YoY) to IDR168.85 trillion and strengthened the company’s position
as one of the largest regional banking forces in Indonesia.
2. Solid Profitability and Operational Performance: The Company successfully posted a net profit (Bank Only) of IDR1.55 trillion, a 20.65% YoY
growth. This performance was supported by:
• Credit Expansion: Growth of 4.98% to IDR67.24 trillion, driven by the Consumer, Micro, Retail, and Corporate segments.
• Optimizing Cost of Funds: The strategy of strengthening low-cost funds through a transaction banking approach successfully reduced interest
expenses by 4.84%, resulting in strong Net Interest Income (NII) growth of 12.13%.
• Interest Margin: NIM maintained at a healthy level of 6.15%.
3. Resilient Asset Quality and Risk Management: Bank Jatim continues to prioritize prudent principles in managing its expansion:
• NPL Management: The Gross NPL ratio was at 3.88%, reflecting the dynamics in the retail and consumer sectors.
• Strengthening Risk Cushion: The Company increased provision costs by IDR.7 trillion (up 37.39% YoY) to ensure a strong Coverage Ratio of
102% in anticipation of future credit risks.
4. Accelerating Digitalization and Business Ecosystem Transformation through the JConnect service and strengthening the network of 14,842
Jatim Agents have become key pillars of customer acquisition. The innovative “Jatim Kilat” application has proven effective in accelerating
microcredit penetration while maintaining operational efficiency (BOPO recorded at 79.92%).
Conclusions and Strategic Outlook
Based on the above achievements, it can be concluded that:
1. Business Model Resilience: Bank Jatim demonstrated exceptional adaptability to monetary policy (the BI Rate reduction) by transforming its
funding structure to become more efficient. The success in reducing funding costs amidst asset expansion is a testament to the company’s strong
liquidity.
2. Synergy between KUB (Sub-Branch Business Unit) as a New Growth Engine: Completing the KUB formation is not simply a matter of regulatory
compliance, but rather a transformation into a Group Holding that enhances economies of scale. This synergy is projected to significantly contribute
to fee-based income and IT capital expenditure (CapEx) efficiency in the future.
3. Future Focus (Quality & Innovation): Going forward, management is committed to prioritizing asset quality improvements through strengthening
the early warning system and digitizing the collection process. With a strong capital base (KBMI 2), Bank Jatim is well-positioned to capture the
opportunities for economic growth in East Java, which is projected to remain above the national average.
PT Bank Pembangunan Daerah Jawa Timur Tbk 29
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Performance
01 Highlights
Important Events
in 2025
January 2025
13
Bank Jatim provided Corporate Social Responsibility (CSR) assistance to the Ngawi
Regency Government in the form of a surgical separation of conjoined twins at Dr.
Soetomo Regional General Hospital.
17
Bank Jatim provided CSR assistance to the Ponorogo Regency Government in the
form of one regional tax service vehicle.
February 2025
09
The Sincia Run, themed “Strides for Hope” in 2025, emphasized its social mission.
Unlike previous years, this year’s event included a donation element, with a portion
of participant registration fees and excess operating costs being donated to the
YPAC Special Needs School in Surabaya.
17
Bank Jatim provided CSR assistance to the Malang City Government in the form of
one vehicle for paying land and building tax (PBB) and regional taxes.
21
The signing of a Cooperation Agreement between the Directorate General of
Treasury, Ministry of Finance of the Republic of Indonesia (Kemenkeu) and Bank
Jatim concerning State Cash Management.
30 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
February 2025
28
The signing of an MOU between Ciputra University and Bank Jatim concerning the
Tri Dharma of Higher Education and Resource Development and Financial Services.
March 2025
10
Enhancement of business cooperation between Bank Jatim and Al Amin Insurance
through the signing of a Cooperation Agreement between Bank Jatim and Al Amin
Life Insurance.
12
Bank Jatim provided CSR assistance to the Blitar Regency Government in the form
of an ambulance.
18
RAME (Ramadhan Meriah) Market in 2025, a collaboration between Bank Indonesia
and Bank Jatim Syariah, located at the Islamic Center in Surabaya.
19
Disbursement of investment financing for the construction of the Ji’rona Building at
Aisyiyah Hospital in Bojonegoro.
PT Bank Pembangunan Daerah Jawa Timur Tbk 31
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Performance
01 Highlights
March 2025
20
Bank Jatim successfully recorded positive performance throughout 2025 and
achieved the highest net profit among regional development banks (BPDs).
26
Disbursement of benefits from the CWLD program in collaboration with Rumah
Zakat. Aimed at mobilizing funds for community economic development and
supporting MSMEs in need of business capital financing, this program provides
opportunities for the public to contribute to socio-economic development through
professionally managed waqf funds.
April 2025
15 - 16
Upgrading financing product skills and business matching with Askrindo Syariah
to enhance the positive cooperative relationship between Bank Jatim Syariah and
Askrindo Syariah, ensuring continued growth and benefit for both parties.
16
The 2025 East Java OPOP Development Coordination Meeting aimed to enhance
collaboration between Bank Jatim and the Islamic boarding school ecosystem in
support of the One Pesantren One Product (OPOP) program.
28
The signing of an MoU between Petra Christian University and Bank Jatim
concerning the Tri Dharma of Higher Education and Resource Development and
Financial Services.
32 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
May 2025
27
CSR assistance in Kediri City included the construction of a greenhouse for melon
cultivation, an innovative and environmentally friendly agricultural system that
offers various benefits in addressing the challenges of climate change.
29
Bank Jatim held the Annual General Meeting of Shareholders (AGMS) for the 2024
Financial Year at its Head Office in Surabaya. The Governor of East Java, Khofifah
Indar Parawansa, appreciated the Bank’s profit achievement and the continuous
strengthening of Good Corporate Governance (GCG), which has been assessed as
“good” by the Otoritas Jasa Keuangan, reaffirming the Bank’s position as a reliable
Regional Government-Owned Enterprise (BUMD) of the East Java Provincial
Government.
June 2025
03
The Export Launch of 1 Bank Jatim Fostered Partner to encourage businesses,
especially small and medium enterprises (SMEs), to improve the competitiveness
of Indonesian export products on the global stage. This event was a token of
appreciation for the entrepreneurs’ achievements in penetrating the international
market and also to strengthen the national export spirit.
09
Bank Jatim, together with Bank Indonesia and the Regional Government, officially
launched the QRIS Crossborder Service, packaged in collaboration with the Bromo
Marathon. The event was attended by thousands of runners from within the country
and abroad. The event also included the launch of QRIS branding on 100 Bromo
Jeeps. With this branding, domestic and international tourists can pay for Jeep
rentals using Bank Jatim’s QRIS.
18
Socialization of Home Financing for Civil Servants (ASN) by Bank Jatim and BP
Tapera, a strategic collaboration aimed at increasing accessibility and ease of
owning a dream home through innovative, affordable financing offers tailored to
the needs of ASN, thereby improving the welfare and quality of life of ASN and their
families.
PT Bank Pembangunan Daerah Jawa Timur Tbk 33
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Performance
01 Highlights
July 2025
04
The signing of the Conditional Share Participation and Acquisition Agreement
by and between Bank Jatim and Bank NTT, a document of agreement within the
framework of Bank Jatim’s Equity Participation Corporate Action to Bank NTT to
establish a Bank Business Group (BBG).
18
Bank Jatim handed over CSR assistance to the Bojonegoro Regency Government,
including one ambulance and one hearse for Dr. Soetomo Regional Hospital. R.
Sosodoro Djatikoesoemo, providing scholarships for underprivileged students at
public and private high schools and vocational schools in Bojonegoro, rehabilitating
a reservoir in Hargomulyo Village, and constructing drilled wells in Pohwates,
Lengkong, and Karangdinoyo Villages. In addition, Bank Jatim also provided
assistance in procuring library equipment for SMPN 1 Bojonegoro, SMPN 2
Bojonegoro, SMPN 7 Bojonegoro, and SDN Kalitidu I.
29
The Export Release of Two Bank Jatim Fostered Partners aims to encourage
business players, particularly small and medium enterprises (SMEs), to enhance
the competitiveness of Indonesian export products in the global market. This
event serves as a form of appreciation for the achievements of these businesses
in penetrating international markets, while also strengthening the spirit of national
export promotion.
August 2025
05
Live access to the Sardana application at all Bank Jatim Branch Offices for supply
and remittance of banknote transactions.
07
The signing of the Conditional Share Subscription and Acquisition Agreement
between Bank Jatim and Bank Lampung, which constitutes an agreement document
for Bank Jatim’s Corporate Action of Equity Participation in Bank Lampung to
establish a Bank Business Group (BBG).
34 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
August 2025
10
Shining Walk & Run, a social action event, raised donations for the Children’s Cancer
Home through participant registration. This activity strengthened Bank Jatim’s
image as a bank committed to health and social activities. This activity is expected
to increase banking product acquisition (Savings/Deposits) and build a customer
database for consumer credit marketing.
28
Bank Jatim officially launched the Jatim Syariah Priority service at the peak of its
64th anniversary (August 2025) as an exclusive token of appreciation for premium
customers based on Sharia principles. This service provides premium facilities
such as exclusive branch services, an airport lounge, and pick-up services at the
Surabaya Syariah Branch Office, Jl. Dr. Soetomo No. 37.
29
The Send-off of Umrah Pilgrims who were winners of the Multipurpose Credit
(KMG) Draw represents one of the moments for the Company to demonstrate its
commitment to providing meaningful appreciation and exceptional experiences for
customers through the programs and strategies that have been implemented.
29
An event organized by PT Rintis Sejahtera (Prima Network) in collaboration with
Infobank, named Bank Jatim the Best Issuer Bank (ATM) - Platinum Award at the
2025 Infobank Awards.
September 2025
12
The 2025 Sharia Economic Festival (FESYAR) is a strategic event held to encourage
the strengthening and development of an inclusive, sustainable, and competitive
sharia economic and financial ecosystem.
PT Bank Pembangunan Daerah Jawa Timur Tbk 35
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Performance
01 Highlights
September 2025
22
The signing of a Cooperation Agreement between Bank Jatim and the East Java
High Prosecutor’s Office for Civil and State Administrative Law.
24
Bank Jatim officially established a synergy with PT Sentra Finansial Teknologi (SFT).
This collaboration was marked by the signing of a Cooperation Agreement for virtual
account services integrated with the Edufin application, as well as a Memorandum of
Understanding (MoU) regarding the provision of financial services in the education
sector. On the same occasion, Bank Jatim also signed a mass agreement with 78
sugarcane farmer debtors.
28
The Bank Jatim JConnect Run Soerabaja 10K event was a lively affair. 3,000 runners
from various regions packed Surabaya City Hall.
October 2025
03
The Export Release of Three Bank Jatim Fostered Partners aims to encourage
business players, particularly small and medium enterprises (SMEs), to enhance
the competitiveness of Indonesian export products in the global market. This
activity serves as a form of appreciation for the achievements of business players
in penetrating international markets, as well as to strengthen the spirit of national
export promotion.
06
The signing of the Conditional Share Subscription and Acquisition Agreement
between Bank Jatim and Bank Banten constitutes an agreement document in
relation to the corporate action of capital participation by Bank Jatim in Bank
Banten, as part of the establishment of the Bank Business Group (Kelompok Usaha
Bank/KUB).
36 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
October 2025
07
As a commitment to supporting infrastructure and public services in East Java, Bank
Jatim participated in the operational inauguration of the Trans Jatim Bus Corridor
VII route from Lamongan Terminal–Dukun (Gresik)–Paciran Terminal.
21
The signing of an MoU between K.H. Achmad Siddiq State Islamic University of
Jember and Bank Jatim concerning the Tri Dharma of Higher Education, Human
Resource Development, and Financial Services.
29
CSR in the form of 11 units of laptops was provided to SD Islam Terpadu At Taqwa
as part of Bank Jatim’s support for improving the quality of education and the
utilization of technology in the teaching and learning process. This initiative reflects
the Bank’s commitment to enhancing educational quality, particularly in promoting
the use of digital technology among students and teachers.
November 2025
05
The signing of an MoU between Graha Sehat Hospital and Bank Jatim concerning
Banking Financial Services, and Healthcare Services.
09
Bank Jatim, in collaboration with the Otoritas Jasa Keuangan East Java Regional
Office, successfully held a workshop as part of the Indonesia Islamic Finance
Summit (IIFS) 2025, titled “Synergy of Islamic Banking in Expanding Access to
Islamic Banking Services.” The event, held at the Bank’s Head Office, was attended
by the Deputy Governor of East Java, Emil Elestianto Dardak, the Chief Executive
of Banking Supervision of Otoritas Jasa Keuangan, Dian Ediana Rae, the President
Director of Bank Jatim, Winardi Legowo, as well as the Board of Directors, Board of
Commissioners, Sharia Supervisory Board, and other executive officers of the Bank.
PT Bank Pembangunan Daerah Jawa Timur Tbk 37
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Performance
01 Highlights
November 2025
06
The signing of agreement documents (MoU, custodian services agreement, and
priority services agreement) between Bank Jatim and Bank NTT during the East
Java-NTT Province Trade Mission.
11
The signing of an MoU between the National Education Providers Association
(Perpendiknas) and PT Bank Pembangunan Daerah Jawa Timur, Tbk concerning
Cooperation in Implementing the Tri Dharma of Higher Education, Human Resource
Development, and Financial Services.
19
The signing of agreement documents (MoU, custodian services agreement, and
priority services agreement) between Bank Jatim and Bank Sultra for the East Java-
Southeast Sulawesi Province Trade Mission.
22
The signing of an MoU between Muhammadiyah University of the Republic of
Indonesia (Kepri) and PT Bank Pembangunan Daerah Jawa Timur, Tbk concerning
Financial Services.
27
The Signing of an MoU between PT Sejahtera Abadi Solusi (Mayapada Hospital
Surabaya) and PT Bank Pembangunan Daerah Jawa Timur, Tbk concerning Banking
and Healthcare Financial Services.
38 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
December 2025
04
The signing of the MOU between Bank Jatim and Perbarindo Jatim, which is a forum
for Indonesian people’s economic banks in the East Java region, regarding Financial
Services to create synergy in utilizing the potential of both parties.
08
Bank Jatim was awarded as the winner in the Annual Report Award (ARA) 2024
in the category of Publicly Listed Regional Owned Enterprises (BUMD) – Financial
Sector.
11
Signing of a cooperation agreement with PT MNC Life Insurance regarding the
marketing of life insurance products under a referral-based business model as part
of the Bank’s product offerings.
14
As a form of environmental concern, PT Bank Pembangunan Daerah Jawa Timur
Tbk (Bank Jatim), through the Bank Jatim Runner community, is once again holding
the Jatimers Run To Care event. Funds generated from these donations will be used
for various social activities, including planting mangrove seedlings and pine trees,
releasing baby turtles, providing trash bins at Cemara Beach in Banyuwangi, and
distributing humanitarian aid to victims of the Mount Semeru eruption.
17
In the 2025 AML CFT CPF OFFICE Battle Semifinals between Reporting Parties,
Bank Jatim finished fifth.
PT Bank Pembangunan Daerah Jawa Timur Tbk 39
Page 40
2025
Annual Report
01 Performance Highlights
The Board
Laporan of Directors’s
Direksi
02 and Dewan
dan The Board of
Komisaris
Commissioners’ Report
03 Company Profile
Management Discussion and
04
Analysis on Bank Performance
05 Human Capital
06 Information Technology
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference Index
10 Financial Statements
The Board of Directors’s
and The Board of
Commissioners’ Report
40 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 41
PT Bank Pembangunan Daerah Jawa Timur Tbk 41
Page 42
The Board of Directors’s
02 and The Board of Commissioners’ Report
The Board of Directors’
Report
“
Dear Shareholders and Other Stakeholders,
We would like to express our gratitude and praise to God Almighty for His blessings and
grace so that Bank Jatim could pass 2025 with sustained performance in the midst of highly
challenging both global and national economic dynamics.
In 2025, Bank Jatim recorded positive growth, reflected in 4. Micro Credit products, including Jatim Micro Loans, Micro
increased assets and loan quality disbursement. Moreover, Bank Business Loans (KUR), Linkage Fintech Loans, Revolving
Jatim was committed to performing sustainability principles in its Fund Credit (Dagulir), and Warehouse Receipt Subsidy
business activities. Scheme (S-SRG).
5. Retail Credit products, comprising Jatim Retail Loans,
On this stance, we would like to deliver the Bank’s 2025 managerial BPR Linkage Loans, BPR RC Loans (Current Accounts),
implementation report, comprising Bank performance, analysis Loans to Cooperatives for Members (KKPA), and Loans to
of business prospects, development of corporate governance, Cooperatives (KKOP).
performance assessment of the Committee under the Directors, 6. Treasury products, including General Foreign Exchange
and changes to the Directors’ composition. (Telegraphic Transfer), Bank Notes, and Deposit on Call.
7. Trade Finance products, consisting of Export, Import, and
Domestic Transactions (SKBDN).
About Bank 8. Business services, including Bank References, National
Clearing, Real Time Gross Settlement (RTGS), Rupiah
Bank Jatim’s business activities were stipulated in the Articles Collection, Foreign Currency Collection, Check Clearing,
of Association, whose purpose and objective were to engage BPD Net Online, Jatim Electronic Transfer System
in financial activities, particularly banking, in accordance with (JETS), Jconnect Invest, Western Union, and Remittance
applicable statutory provisions. Recently, the Bank has both Transaction.
conventional and Sharia products and services, as follows: 9. Institutional services, comprising Tax Service, Bill
1. Savings products, including Rupiah Current Accounts, Payments, Payroll Service, and Trade Transaction Services.
Foreign Currency Current Accounts, Rupiah Deposit, 10. Sharia Financing products, comprising General financing,
Foreign Currency Deposit, Simpeda Savings, Cycle Savings, iB Griya Barokah KPR, Sejahtera KPR, Sharia Multipurpose,
Haj Savings, TabunganKu, Student Savings (SIMPEL), Laku iB Barokah Gold, Gold Metal Ownership, Linkage Program,
Pandai Savings (SiPandai), and Retirement Cycle Savings. Linkage Fintech Financing, Umroh iB Maqbulla, iB Barokah
2. Consumer Loan products, involving Multipurpose Loans, Property Construction Working Capital Financing, iB
Employee Loans & Personal Loan Car Allowance Program, Barokah Land Acquisition Financing, iB Barokah Contractor
Motor Vehicle Loans, Cash Collateral Loans, Gold Collateral Financing, iB Barokah Bonded Investment Collateral
Loans, and Property Loans. Financing (ITIB), iB Barokah Receivable Financing
3. Corporate and Syndication products, consisting of (Factoring), Syndication Financing, Employee and
Transactional-Contract Contractor Loans, Standby-Loan Personal Financing, Bank Guarantees, Halal Industrial Area
Contract Contractor Loans, General Installment Working Financing, and Sharia Micro Business Loans (KUR).
Capital Loans, Bank Account Working Capital, Investment 11. Sharia funding products and services, involving iB Barokah
Loans, Property Construction Loans, Syndication Loans, Current Accounts, Simpel iB Savings, iB Tabunganku, iB
Loans to Regional Public Service Agencies (BLUD), Amanah Umra Savings, Sipandai iB Barokah Savings, Santri
Receivables Financing Loans, and Regional Finance Loans, Savings, Barokah Savings, Barokah Sejahtera Savings, iB
and Local Government Loans. Amanah Hajj Savings, iB Barokah Plan Savings, iB Barokah
42 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Winardi Legowo
President Director
PT Bank Pembangunan Daerah Jawa Timur Tbk 43
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The Board of Directors’s
02 and The Board of Commissioners’ Report
Retirement Savings, Barokah Deposit, Virtual Account, The Directorate of Micro, Retail & Sharia Business is supported
Payment Point, E-Channel (SMS Banking, J-Connect by the Fund & Services Division, the Sharia Business Unit, and
Mobile, and JConnect Internet Banking), as well as iB the Distribution Division of Business & Service Excellence,
Barokah Endowments. and is also supported by the SEVP Micro, Retail & Consumer,
12. E-channels and other services, including SMS Banking supervising the Consumer Credit Division, the Micro Credit
(3366), JConnect Internet Banking, JConnect Mobile Division, and the Retail Credit Division. The Directorate of IT,
Banking, JConnect E-Kmg, JConnect E-Loan, Laku Pandai Digital and Operations is supported by the Operations Division,
Services (Sipandai Bank Jatim), Info Bank Jatim (14044), General Division, Information Technology Division, Digital
Bank Jatim’s Debit ATM Cards, Bank Jatim’s Flazz Card (Co- Banking Division, and CISO Division. Those Divisions have
Branding), Safe Deposit Box, Electronic Civil Servant Card contributed to the achievement of the performance of their
(KPE), Virtual Account, E-Samsat Jatim, Samsat Digital respective Directorates and the Bank’s overall performance.
National (Signal), Jatim Code QRIS, and BJTM Connect.
In carrying out its operational activities, Bank Jatim employs
To optimize products and services to customers, the Bank has a total of 7,543 personnel. The educational composition of
a business network and operational areas supported by Branch its workforce comprises 2,253 employees with non-degree
Offices to conventional and sharia Service Offices spread qualifications, 4,892 employees holding undergraduate
across East Java, Jakarta, and Batam. As of December 31, 2025, degrees (S1), 392 employees holding master’s degrees (S2),
the Bank had 49 Branch Offices, 175 Sub-Branch Offices, 220 and 6 (six) employees holding doctoral degrees (S3).
Functional Offices, 200 Payment Points, 33 Mobile Cash, and
207 Sharia Service Offices. Furthermore, as of December 31,
2025, Bank Jatim’s operational area was focused domestically Analysis of Company Performance
and had not had any Overseas Branch Offices.
Economic Conditions Directly Impacting
Effective Organizational Structure Bank Performance and Target Market
Affirmation
According to the January 2026 update of the World Economic
The adjustment of the organizational structure is one of the Outlook (WEO) released by the International Monetary Fund
strategies that requires implementation so that the Bank can (IMF), the 2025 global economy was relatively stable but in a
become an Agile Organization. In addition, the right adjustment moderate growth phase. The IMF projected global economic
of the organizational structure can support the Bank’s business growth of around 3.3%, a figure that was likely stagnant
processes so the company can achieve its vision and mission compared to the previous year and remained below the
effectively. The implementation of the Bank’s management historical average before the pandemic. The condition reflected
is seen in Bank Jatim’s organizational structure, which is that the global economic recovery was underway, but had not
divided into 6 (six) Directorates under the President Director been strong enough to drive significant growth acceleration.
and Vice-President Director, such as the Middle, Corporate &
Network Directorate, the Finance, Treasury and Global Services Nonetheless, this stability was overshadowed by ongoing
Directorate, the Risk Management Directorate, the Compliance global uncertainties. In 2025, the global economy dealt
Directorate, the Micro, Retail & Sharia Business Directorate and with pressure from geopolitical tensions, particularly the
the IT, Digital, and Operations Directorate. Each Directorate is Russia-Ukraine conflict and dynamics in the Middle East,
divided into several Divisions that support the implementation triggered by the Israel-Palestine conflict. Furthermore, rising
of the relevant Board of Directors’ duties. The President Director protectionist policies exacerbated the situation, including the
is supported by the Corporate Secretary Division, the Internal implementation of a 10% universal import tariff by the United
Audit Division, and the Strategic Planning & Performance States and higher reciprocal tariffs on several key trading
Management Division. The Middle, Corporate & Network partners, such as China, Canada, Mexico, and the European
Directorate is supported by the International Banking Division, Union. This combination of factors had increased volatility in
the Middle, Corporate & Syndicated Credit Division, and the global financial markets and undermined business and investor
Institutional Relations Division. The Directorate of Finance, confidence in various countries.
Treasury, and Global Services is supported by the Accounting
& Financial Management Division, the Treasury Division, and Amidst this global uncertainty, Indonesia’s 2025 economic
the Subsidiary Management Division. The Directorate of Risk growth was expected to reach a cumulative 5.11%, driven
Management is supported by the Risk Management Division, the primarily by household consumption, investment, and
Credit Risk Analyst Division, the Credit Collection & Recovery manufacturing. The increase was supported by monetary policy,
Division, and the Credit Administration Division. The Directorate which prioritized a balance between controlling low inflation and
of Compliance is supported by the Compliance & AML CTF CPF promoting sustainable economic growth. Indonesia’s annual
PPWMD Division, as well as the Policy and Procedure Division, inflation rate for 2025 closed at 2.92%. This figure remained
and is also supported by the SEVP Legal & Human Capital, within the target range set by the Government and Bank
supervising the Legal Division and the Human Capital Division. Indonesia. The key contributors to national inflation include
44 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
food, beverages, and tobacco, as well as significant increases in was maintained until the end of 2025. The condition supported
commodities such as gold jewelry. The circumstance had led to banking performance nationally and in East Java Province.
Indonesians’ confidence and expectations regarding the 2025 Banks in East Java experienced 3.3% year-on-year (yoy) asset
national economic conditions remaining consistently positive, growth, 1.18% year-on-year (yoy) loan disbursement, and 3.60%
as reflected in the Consumer Confidence Index above 100. year-on-year (yoy) growth in third-party funds in East Java.
Furthermore, the S&P Global Indonesian Manufacturing PMI for
2025 indicated improving operating conditions, remaining in Based on economic and industry analysis and considering
the expansionary zone. Growth was driven by increases in new existing challenges, Bank Jatim set market targets for
domestic orders and exports. increasing third-party funds (TPF) and loans. The 2025
target for third-party funds (TPF) and loan disbursement
In terms of a banking perspective, Indonesia’s economic growth was IDR85.78 trillion and IDR73.14 trillion, respectively.
was also supported by Bank Indonesia’s policy of aggressively These increases were achieved through various promotional
lowering the BI rate by a total of 125 basis points to 4.75%, which programs and collaborations with other banking institutions,
entities, and companies.
To achieve these market targets, the 2025 prime lending rate was stipulated as follows:
Table of Prime Lending Rates
Bank Jatim’s Prime Lending Rates as of December 2025
By Business Segment
Non-MSME Loan MSME Loan
KPR/KPA Non KPR/Non KPA
Corporate Retail Medium Small Micro
6.92% 7.49% 7.84% 9.16% 11.91% 8.64% 8.66%
Moreover, Bank Jatim had stipulated an interest rate for competitive deposit savings and current accounts, as presented below:
Table of Savings Interest Rates as of December 2025
Tier Interest Rate
SIMPEDA
0-< IDR 1 million 0.00%
IDR 1 million- < IDR 10 million 0.30%
IDR 10 million- < IDR 50 million 0.50%
IDR 50 million- < IDR 500 million 0.75%
≥ IDR 500 million 1.00%
SIKLUS
0-< IDR 1 million 0.00%
IDR 1 million- < IDR 10 million 0.50%
IDR 10 million- < IDR 50 million 0.75%
IDR 50 million- < IDR 500 million 1.00%
≥ IDR 500 million 2.90%
SIKLUS MIKRO KECIL (SiUMI)
0-IDR 500 thousand 0.00%
> IDR 500 thousand 1.50%
PT Bank Pembangunan Daerah Jawa Timur Tbk 45
Page 46
The Board of Directors’s
02 and The Board of Commissioners’ Report
Tier Interest Rate
SIKLUS NELAYAN (SiNyal)
0-IDR 500 thousand 0.00%
> IDR 500 thousand 0.50%
HAJI
All Nominal 1.00%
TABUNGANKU
0- IDR 500 thousand 0.00%
> IDR 500 thousand- IDR 1 million 0.25%
> IDR 1 million 1.00%
Notes:
• Interest is calculated daily and in accordance with the applicable tiering
• Interest is paid according to the payment period
SIKLUS PRIORITAS
0- < IDR 10 million 0.00%
IDR 10 million- < IDR 75 million 0.25%
IDR 75 million- < IDR 150 million 0.50%
IDR 150 million- < IDR 250 million 0.75%
IDR 250 million- < IDR 1 billion 1.75%
≥ IDR 1 billion 2.90%
SIMPANAN LAKU PANDAI
All Nominal 0.50%
SIKLUS PENSIUN
0- < IDR 250 thousand 0.00%
IDR 250 thousand- < IDR 7.5 million 1.25%
IDR 7.5 million-< IDR 100 million 1.50%
≥ IDR 100 million 1.75%
SIKLUS VALAS
USD
< USD 100 0.00%
> USD100,00 - ≤ USD10.000,00 0.05%
> USD10.000,00 - ≤ USD100.000,00 0.15%
> USD100.000,00 0.25%
SGD
< USD 100 0.00%
> USD100,00 - ≤ USD10.000,00 0.05%
> USD10.000,00 - ≤ USD100.000,00 0.15%
> USD100.000,00 0.20%
EUR
0 to EUR300 0.00%
> EUR300 0.10%
46 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Tier Interest Rate
JPY
All Nominal 0.00%
HKD
All Nominal 0.00%
Table of Time Deposit Interest Rates as of December 2025
Tenor (month)
Tier
1 2 3 6 12 18 24
Month Month Month Month Month Month Month
≥ IDR 2.5 million to IDR 1 billion 2.70% pa 2.80% pa 2.90% pa 3.00% pa 3.10% pa 3.15% pa 3.15% pa
> IDR 1 billion 2.75% pa 2.85% pa 2.95% pa 3.05% pa 3.15% pa 3.15% pa 3.15% pa
Table of Foreign Exchange Interest Rates as of December 2025
Tenor (Month)
Tier
1 Month 3 Month 6 Month 12 Month
USD
≥ USD 1.000 to ≤ USD 100.000 0.75% pa
> USD 100.000 1.00% pa
SGD
≥ SGD1.000 0.10% pa
EUR
≥ EUR750 Each placement must receive approval from the relevant Division
JPY
≥ JPY100.000 Each placement must receive approval from the relevant Division
HKD
≥ HKD7.500 Each placement must receive approval from the relevant Division
AUD
≥ AUD2.000 0.50% pa
CNY
≥ CNY7.000 0.70% pa
*) Above is the counter rate; the branch requests approval from the Head Office
Table of Interest Rates for On Call Deposits as of December 2025
Tier Interest Rate
0.75% below the market interest rate of Government Banks, BPD, or Private Banks obtained from
Deposito On Call (Rupiah)
LHBU or Reuters
PT Bank Pembangunan Daerah Jawa Timur Tbk 47
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The Board of Directors’s
02 and The Board of Commissioners’ Report
Table of Interest Rates for Current Account as of December 2025
Tier Interest Rate
RUPIAH
Progressive daily current account service calculation
IDR 0-IDR 5 million 0.00%
> IDR 5 million-IDR 100 million 0.50%
> IDR 100 million-IDR 1 billion 0.75%
> IDR 1 billion-IDR 500 billion 0.90%
> IDR 500 billion-IDR 750 billion 1.25%
> IDR 750 billion 1.75%
Current account Escrow Account Same as the current account Rupiah. and must be included in the Cooperation
Agreement (PK)
FOREIGN EXCHANGE
USD Foreign Currency Current Account
≤ USD1.000,00 0.00%
> USD1.000,00-≤ USD10.000,00 0.05%
> USD10.000,00-≤ USD100.000,00 0.15%
> USD100.000,00 0.25%
SGD Foreign Currency Current Account
≤ SGD1.000,00 0.00%
> SGD1.000,00-≤ SGD10.000,00 0.05%
> SGD10.000,00-≤ SGD100.000,00 0.15%
> SGD100.000,00 0.20%
EUR Foreign Currency Current Account
EUR 0.10%
JPY Foreign Currency Current Account
JPY 0.00%
AUD Foreign Currency Current Account
AUD 15.000 -< AUD 150.000 0.20%
≥ AUD 150.000 0.50%
HKD Foreign Currency Current Account
HKD 78.000 -< HKD 780.000 0.20%
≥ HKD 780.000 0.50%
CNY Foreign Currency Current Account
CNY 72.000 -< CNY 720.000 0.20%
≥ CNY 720.000 0.50%
48 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Table of Profit Sharing Ratio
Products Ratio Ratio Realization/E.R
General Wadiah Current Account for Service/Government 0.00% 0.00
Private General Wadiah Current Account 0.00% 0.00
Individual Wadiah Current Account 0.00% 0.00
BPKH Current Account 0.00% 0.00
BPD Syariah ABP Wadiah Current Account 0.00% 0.00
Non-BPD Wadiah Current Account 0.00% 0.00
BPRS Apex Wadiah Current Account 0.00% 0.00
Tabunganku iB 0.00% 0.00
Si Pandai iB Barokah Savings 0.00% 0.00
Simpel iB Savings 0.00% 0.00
Santri Savings 0.00% 0.00
iB Amanah Umro Savings 0.00% 0.00
General Mudharabah Current Account for Service/Government 5.00% 0.36
Private General Mudharabah Current Account 5.00% 0.36
Individual Mudharabah Current Account 5.00% 0.36
Barokah Sejahtera Savings 4.00% 0.29
iB Barokah Retirement Savings 15.00% 1.09
iB Barokah Plan Savings 25.00% 1.82
iB Amanah Hajj Savings 10.00% 0.73
Bank Mudharabah Savings in Indonesia 8.00% 0.58
iB Barokah Gold Savings 12.50% 0.91
Barokah Savings 12.50% 0.91
Barokah Prio Funding Savings 26.98% 1.96
Barokah Prio Partnership Savings 26.98% 1.96
Barokah Prio Internal Savings 26.98% 1.96
iB Barokah Priority Savings 26.98% 1.96
1-Month Mudharabah Deposit 36.00% 2.62
3-Month Mudharabah Deposit 38.00% 2.76
6-Month Mudharabah Deposit 41.00% 2.98
12-Month Mudharabah Deposit 42.50% 3.09
1-Month Mudharabah Deposit from Other Banks 35.50% 2.58
3-Month Mudharabah Deposit from Other Banks 40.00% 2.91
1-Month BPRS Apex Mudharabah Deposit 20.00% 1.45
BPKH Initial Deposit 36.00% 2.62
BPKH Full Deposit 36.00% 2.62
BPKH Optim Deposit 36.00% 2.62
On Call Corporate Deposit 36.00% 2.62
PT Bank Pembangunan Daerah Jawa Timur Tbk 49
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The Board of Directors’s
02 and The Board of Commissioners’ Report
Strategy and Strategic Policy Applied credit distribution policies, fundraising, liquidity management,
by The Bank capital strengthening, and product and service development.
In 2025, in line with the Bank’s policy direction and considering Furthermore, the Board of Directors ensures that every
current economic developments, Management formulated a strategic policy adopted considers prudential banking
strategic focus implemented by the Bank to address various principles and adequate risk management, and is aligned with
challenges and opportunities, considering current economic the implementation of Corporate Governance. In this case, the
developments, and become a sound, high-performing, sustainable Board of Directors also establishes constructive communication
bank that contributed to the regional economy, as follows: with the Board of Commissioners to obtain strategic direction
1. Balance in Third Party Fund management, such as by and input.
increasing the low-cost fund ratio and issuing bonds to
support the Bank’s stable fund portfolio; Process Performed by The Board
2. More selective lending to prospective sectors while of Directors to Ensure Strategy
simultaneously deepening consumer credit penetration. Implementation
3. Disciplined management of income and expense items
through efficiency and increased digital transactions to To ensure the effectiveness of strategy implementation, the
increase non-interest income; Board of Directors conducts intensive coordination with all
4. Asset quality control to align with risk appetite. business units and establishes clear and measurable Key
5. Sharia business development is carried out through Performance Indicators (KPIs). The Board of Directors also
the optimization of the Dual Banking Leverage Model, regularly monitors and evaluates strategy implementation
strengthening compliance, and enhancing customer to ensure alignment with established targets and makes
experience based on both Sharia and conventional services. adjustments as necessary. During the implementation phase,
the Board of Directors conducts intensive coordination and
To support the vision of becoming the Number 1 Regional communication through regular management meetings, both at
Development Bank (BPD) in Indonesia, the management continues the Board of Directors level and with lower-level management.
its transformation journey through five key pillars, namely: This forum is used to monitor the progress of strategy
1. Strengthening policy development (rule making) and implementation, identify obstacles, and take corrective action
enhancing integrated governance and risk management; quickly and appropriately.
2. Optimizing conventional and sharia business ecosystems
to drive sustainable growth; In addition, the Board of Directors also implements a continuous
3. Implementing human capital transformation with a focus monitoring and evaluation mechanism. Performance is
on strengthening the four key pillars of human resource compared against established targets, both financially and
development; non-financially, including asset quality, business growth,
4. Accelerating information technology and digital banking operational efficiency, and customer satisfaction. The results
transformation as a key enabler of business support; of this evaluation serve as the basis for adjusting the strategy
5. Developing network transformation and optimizing the when external or internal conditions change. To ensure strategy
Bank Business Group (Kelompok Usaha Bank/KUB) to implementation, the Board of Directors is supported by risk
expand reach and enhance business synergies. management, compliance, and internal audit functions that
provide independent oversight. The implementation aims to
The Directors’ Role in Strategy and ensure that all policies and operational activities remain within
Strategic Policy Formulation regulatory frameworks and minimize potential risks that could
impact the Bank’s performance.
To formulate the Bank’s strategic strategies and policies, the
Board of Directors actively develops strategies that are adaptive, To maintain alignment with the Bank’s strategic direction, the
measurable, and aligned with the dynamics of the business Board of Directors periodically reviews and adjusts strategies,
environment, both at the global, national, and regional levels. considering developments in the economy, the banking industry,
and regulatory policies. Having a systematic, disciplined, and
The strategy formulation process is carried out good governance-based implementation process, the Board of
comprehensively, taking into account various factors, including Directors of Bank Jatim ensures that every formulated strategy
macroeconomic conditions, banking industry developments, can be optimally implemented and makes a real contribution to
applicable regulations, and the potential and risks faced by the the Bank’s performance.
Bank. The Board of Directors also ensures that the strategies
formulated are reflected in the Bank’s Business Plan (RBB),
ensuring continuity and clear direction. The Board of Directors
also plays a role in establishing strategic policies that cover
various aspects of the Bank’s operations and business, such as
50 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Analysis of Bank Performance that the competency development programs offered are relevant
and effective. In 2025, Bank Jatim implemented a competency
Operational and Finance Performance development program focused on business performance
priorities and employee needs. This program was implemented
Amidst increasingly fierce banking competition, Bank Jatim through in-house training in collaboration with external and
successfully navigated 2025 with solid performance. Bank internal parties, as well as public training. During 2025, 4,771
Jatim implemented several strategies to maintain business and employees of a total of 5,293 employees participated in training
financial performance, including balancing third-party fund appropriate to their positions and needs.
management by increasing the low-cost fund ratio and issuing
bonds to support the bank’s stable fund portfolio. Furthermore, Information Technology
Bank Jatim disbursed loans more selectively to prospective
sectors while simultaneously deepening its penetration into the Bank Jatim recognizes the growing need for digital services.
consumer credit business, maintaining discipline in managing Bank Jatim has innovated and invested in technology to remain
revenue and expense items through efficiency, increasing competitive in the evolving digital banking landscape. In 2025,
digital transactions to boost non-interest income, and Bank Jatim achieved a significant milestone in establishing
aggressively managing asset quality to align with risk appetite. an integrated digital ecosystem across various vital sectors,
including hospitals, education, markets, regional governments
In 2025, Bank Jatim’s total assets (bank only) reached (Pemda), and villages. With a strong commitment to digital
IDR105.8 trillion, representing a 3.70% year-on-year (YoY) transformation, Bank Jatim not only prioritizes innovation
growth. Bank Jatim recorded loan disbursement in 2025 (bank in banking services but also contributes significantly to
only) reaching IDR67.2 trillion, an increase of 4.98%. The credit strengthening the economy and public services through
composition was dominated by consumer loans, amounting comprehensive digitalization. The development of Bank Jatim’s
to IDR36.54 trillion, representing a 6.20% increase, and digital ecosystem in 2025 is as follows:
productive loans, amounting to IDR30.7 trillion, representing a a. Hospital Ecosystem
3.55% increase. From a funding perspective, the Bank’s focus b. Education Ecosystem
on increasing low-cost funds yielded positive results. Current c. Market Ecosystem
accounts reached IDR21.22 trillion, representing a 12.04% d. Regional Government (Pemda) Ecosystem
increase. Third-party fund customers also increased by 5.64% e. Village Ecosystem
to 10.9 million customers.
Comparison Between Achieved Target and
On a consolidated basis, Bank Jatim’s performance Targets
demonstrated more aggressive growth. Total assets reached
IDR168.85 trillion, a 42.93% increase from 2024. Loan Based on the implemented strategy, Bank Jatim delivered
disbursement grew 46.65% to IDR110.5 trillion, while net profit strong performance in 2025, in line with its targets. The 2025
rose 24.80% to IDR1.62 trillion. total assets reached IDR105.85 trillion, representing 100.78%
of the target and reflecting sustained financial performance
On the digitalization front, Bank Jatim’s JConnect service growth. In terms of revenue, interest income in 2025 reached
also recorded impressive performance, with JConnect Mobile IDR8.57 trillion, representing 98.76% of the target. Although
users reaching 993,972, representing a 22.40% increase, with slightly below target, this performance was supported by
total transactions reaching IDR65.77 trillion. Furthermore, increased credit expansion, a Net Interest Margin (NIM)
Bank Jatim’s QRIS usage grew rapidly by 47.25%, along with maintained at a sound level of 6.15%, and optimization of
network strengthening through 14,842 widely distributed fee-based income growth, resulting in overall interest income
East Java Agents to ensure inclusive banking services, even growth of 6.7% year-on-year (yoy).
in remote areas. These various achievements in 2025 are the
result of disciplined strategy implementation amidst economic The 2025 profit for the year grew 101.51%, reaching IDR1.55
dynamics, including optimizing low-cost funds and more trillion. In line with this performance, capital and liquidity
selective credit distribution. remained well-maintained. In addition, the 2025 CAR ratio was
25.38%, against the target of 109.59%. Meanwhile, the LDR
Human Capital ratio grew significantly from the target of 85.39% in 2025.
This demonstrated Bank Jatim’s commitment to continuously
Bank Jatim is committed to improving the capabilities and increasing its productive assets.
competencies of its human resources (HR) through continuous
competency development. Competency development is
implemented through various programs, such as training,
workshops, and career development. Bank Jatim also collaborates
with leading HR training and development institutions to ensure
PT Bank Pembangunan Daerah Jawa Timur Tbk 51
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The Board of Directors’s
02 and The Board of Commissioners’ Report
Constraints Dealt with The Bank and Its 9%. These projections suggest that the intermediation function
Resolving Measures of the banking sector will remain sound, although potential
liquidity pressures may arise due to loan growth outpacing
Though having a strong performance, the Bank also dealt with deposit growth.
various challenges. These challenges were a particular concern
for Bank Jatim. One of the challenges was the impact on the In addressing future business prospects, Bank Jatim views
quality of its assets by the end of 2025. Measures included that favorable domestic macroeconomic dynamics—supported
extra-computable collection and to encourage debtors to by sustained national economic growth and solid regional
repay. The Bank also conducted collateral auctions, either economic performance in East Java—will serve as key catalysts
in collaboration with third parties or independently. Finally, for increased credit demand across consumer, productive,
regular monitoring and control were implemented to address and Micro, Small, and Medium Enterprises (MSME) segments.
problem loans. Nevertheless, volatility in interest rates and inflationary
pressures influenced by global conditions remain factors that
must be prudently anticipated, given their potential impact on
Significant Issues Estimated to Occur in the cost of funds, net interest margins, and asset quality.
The Future and Business Prospects
On the other hand, the acceleration of digital transformation
The global economic growth outlook for 2026, based on the in the banking industry, marked by shifts in customer behavior
January 2026 edition of the World Economic Outlook published toward technology-based services, has driven the Company to
by the International Monetary Fund (IMF), indicates relatively continuously strengthen its digital capabilities. These include
stable conditions with projected growth of 3.3%, unchanged the development of mobile banking services, the integration of
from the 2025 estimate. This reflects the continuation of regional financial service ecosystems, and the enhancement
the global economic recovery, albeit without significant of operational efficiency to maintain competitiveness amid
acceleration. Growth in developing countries remains limited intensifying competition from digital banks and fintech companies.
at 1.8%, despite a slight improvement from the previous period. Furthermore, global uncertainties triggered by geopolitical
Meanwhile, the United States demonstrates an improvement to conflicts, including wars that have the potential to drive increases
2.4%, while the economies of Europe, Japan, and the United in energy prices, global inflation, and financial market volatility,
Kingdom experience a slowdown due to inflationary pressures, may exert additional pressure on domestic economic stability.
tight monetary policies, and weakening domestic demand. Such conditions could weaken purchasing power, elevate credit
These conditions suggest that the contribution of advanced risks, and pose potential liquidity pressures. Therefore, the
economies to global growth remains relatively constrained. Company consistently upholds prudential banking principles,
strengthens risk management practices, and implements adaptive
Amid various global economic challenges, the national economy digital-based strategies alongside the reinforcement of regional
has demonstrated strong resilience, as reflected in Indonesia’s ecosystems to sustain long-term performance.
solid economic performance in 2025, with growth reaching
5.33% (yoy), up from 5.03% (yoy) in the previous year. The By leveraging its various internal strengths, Bank Jatim remains
national economic outlook for 2026 remains positive, albeit optimistic about its ability to maintain and further strengthen
with a more cautious trajectory. Economic growth is projected its position in the Indonesian banking market. The Bank is well-
to range between 5.2% and 5.8%, with a midpoint target of 5.4% positioned to continue growing and adapting to the evolving
as outlined in the State Budget (RAPBN), reflecting optimism dynamics of the banking sector. Accordingly, Bank Jatim is
regarding the sustainability of domestic recovery momentum. confident that its future prospects will remain promising,
Inflation is expected to remain under control at approximately supported by numerous opportunities that can be harnessed to
2.5%, although higher than the previous year as a precautionary achieve its long-term objectives. The opportunities that Bank
measure against global uncertainties. On the external front, the Jatim can capitalize on in 2026 include the following:
Indonesian rupiah is projected to experience slight pressure, while 1. The potential reduction in the Cost of Funds as a result of the
interest rates are anticipated to decline in line with the potential declining trend in banking interest rates.
easing of monetary policy. From a commodities perspective, 2. The opportunity to increase CASA through ecosystem
more conservative assumptions regarding oil prices, coupled development with Regional Governments (Pemda) and other
with increased oil and gas lifting, reflect strategies to maintain potential partners.
fiscal stability while supporting energy sector performance. 3. The opportunity to increase credit disbursement through
National Priority Programs, including food and energy
In line with the economic growth outlook, the banking industry security, public housing, the Free Nutritious Meals Program,
in 2026 is projected to continue expanding, albeit at a moderate and green financing.
pace. Projections from the Financial Services Authority 4. The opportunity to increase Third-Party Funds (DPK) through
(Otoritas Jasa Keuangan/OJK) indicate that bank lending is the synchronization of National Priority Programs and the
expected to grow in the range of 10%–12%, while Third-Party Nawa Bhakti Satya initiatives in the fields of education and
Funds (DPK) are projected to increase by approximately 7%– social protection, particularly through the distribution of social
52 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
assistance, such as the School Operational Assistance (BOS), provides protection to whistleblowers and ensures that every
the Indonesia Smart Program (PIP), the Smart Indonesia Card report is followed up on objectively and transparently.
(KIP), the Wage Subsidy Assistance (BSU), and other similar
programs to the public. Regarding transparency, Bank Jatim is committed to
5. The planned placement of government funds in the regional maintaining transparency in all aspects of its operations,
banking industry. including in the provision of information to stakeholders.
6. The advancement of digital transformation and the evolving The Bank has provided contact details through its website
dynamics of the digital financial services industry. and Annual Report, which stakeholders can use to submit
7. The continuation of National Strategic Projects (PSN), complaints, suggestions, or report potential violations of their
particularly in East Java Province. rights. In addition to the annual report, the Bank also discloses
8. A favorable climate driven by sustainable economic growth in corporate information through quarterly reports and financial
East Java, as well as business opportunities arising from the reports, which can be viewed on the Bank’s website. The public
implementation of strategic directions and policy alignments can access all financial and non-financial reports submitted by
with Regional Government programs. Bank Jatim transparently through various available channels,
in a timely, complete, and accurate manner.
Information Related to The Bank’s Bank Jatim utilizes various communication channels, both
Business Group internally and externally, to build the company’s image through
print, electronic, broadcast, display, and other media. To
In 2025, Bank Jatim officially became the holding company facilitate the public’s access to the latest information about the
of five Regional Development Banks (BPD), such as Bank NTB company, Bank Jatim maintains a corporate website accessible
Syariah, Bank Banten, Bank Lampung, Bank Sultra, and Bank at www.bankjatim.co.id, which also serves as a service portal.
NTT. The Bank Jatim website provides detailed information about
Bank Jatim, including its history, organizational structure,
vision and mission, management, network, achievements,
Corporate Governance funding products, credit products, and services for both
conventional and sharia-compliant banks. The website also
Bank Jatim remains committed to consistently implementing contains information on CSR distribution and the latest news
Corporate Governance as a foundation for its business and information regarding Bank Jatim.
operations and to creating sustainable added value for
shareholders and stakeholders. To create strong and sustainable To maintain the trust of shareholders and stakeholders, Bank
corporate governance, Bank Jatim implements GCG principles Jatim’s Investor Relations team communicates directly with
based on the ETAK (Ethics, Transparency, Accountability, and investors, analysts, and shareholders to explain the Bank’s
Sustainability) concept. This approach aims to ensure that the performance. Bank Jatim remains committed to transparency
bank is managed according to principles that uphold business in submitting both periodic and incidental reports to regulators
ethics, information transparency, clear accountability, and in accordance with laws and regulations in a timely manner.
sustainability in its operations.
Regarding accountability, accountability is implemented
Bank Jatim places ethical behavior as the primary foundation through the establishment of clear and measurable Key
for conducting its business activities and building trust with Performance Indicators (KPIs) for each work unit and individual.
all stakeholders. The application of ethical values is carried These performance achievements are periodically evaluated
out consistently and integrated into the company culture, as the basis for performance assessment, human resource
ensuring that all business activities are carried out with development, and the provision of fair and performance-
integrity, professionalism, and responsibility. As a primary based remuneration. Furthermore, Bank Jatim ensures the
guideline, the Bank has established a Code of Ethics, which availability of a reliable, accurate, and timely management
must be adhered to by all Bank Jatim personnel, including the reporting system, supporting effective decision-making and
Board of Commissioners, Directors, and employees. To ensure enabling optimal supervisory.
effective implementation, Bank Jatim continuously socializes
and internalizes ethical values through various programs. To strengthen accountability, the Bank also implements a
comprehensive internal control system through a three-
The Bank also implements anti-fraud and gratuity control lines-of-defense approach, involving operational functions,
policies as part of its efforts to maintain organizational integrity. risk management and compliance, and internal audit. This
Any irregularities, fraud, or ethical violations are strictly mechanism ensures that every business activity undergoes
followed up on in accordance with applicable regulations. As a an adequate control process and complies with applicable
supervisory tool, Bank Jatim provides a Whistleblowing System regulations. Bank Jatim also consistently upholds the principle
(WBS) that allows reporting of suspected ethical violations of compliance with laws and regulations and internal policies,
safely, confidentially, and without pressure. This mechanism ensuring that every decision and action taken is legally,
ethically, and professionally accountable.
PT Bank Pembangunan Daerah Jawa Timur Tbk 53
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The Board of Directors’s
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To ensure sustainability, as a financial institution playing Performance Assessment of
a vital role in regional economic growth, Bank Jatim is Committees under The Board of
committed to integrating sustainability principles into its Directors
operations, addressing three main pillars: economic, social,
and environmental aspects. Regarding the economic aspect, To perform the scope of their respective duties and responsibilities,
Bank Jatim consistently adheres to the principle of prudence the Board of Directors is assisted by 9 (nine) Committees under
in lending. Bank Jatim disburses loans to business sectors that the Board of Directors, consisting of:
meet the Criteria for Sustainable Business Activities (KKUB), 1. Asset Liability Committee (ALCO)
including by prioritizing the efficient and effective use of 2. Risk Management Committee
natural resources in its processes. When disbursing loans, the 3. Human Resources Management Committee
Bank pays close attention to Environmental Impact Analysis 4. Information Technology Committee
(AMDAL) for large or high-risk companies applying for credit. 5. Credit/Financing Committee
6. Credit/Financing Policy Committee
Regarding social aspects, Bank Jatim is committed to providing 7. Product & Network Committee consists of two committees:
the best products and services, including equal treatment. a. Product Committee
Bank Jatim ensures that all customers receive equal service b. Network Committee
regardless of background, ethnicity, race, gender, religion, 8. Sustainability Committee.
political views, and so on. Bank Jatim is committed to
providing equal employment opportunities for its employees, During 2025, the Board of Directors assessed that the
including equal opportunities to develop competencies, equal committees under the Board of Directors had performed their
opportunities for career advancement, remuneration, and other duties and responsibilities well.
benefits. Bank Jatim has positively impacted the community
through its operational activities. Bank Jatim’s presence
directly benefits the community by providing various banking Changes to The Composition of The
products and services throughout all regencies/cities in East Members of The Board of Directors
Java. Bank Jatim’s presence as a Regionally-Owned Enterprise
(BUMD) also contributes to regional economic development. During 2025, there were changes to the composition of the
Bank Jatim also provides indirect benefits to the community Board of Directors. These changes were made based on the
through the implementation of its Social and Environmental Bank’s needs. The changes to the Board of Directors were as
Responsibility (TJSL) program. follows:
Bank Jatim strives to consistently participate in environmental COMPOSITION OF THE BOARD OF DIRECTORS BEFORE
preservation. The participation is reflected in its environmental THE ANNUAL GMS FOR THE 2024 FISCAL YEAR
conservation activities. Bank Jatim endevours to maintain The composition of the Board of Directors of Bank Jatim before
environmental sustainability by using green materials and the Annual GMS for the 2024 Fiscal Year was 7 (seven) people,
equipment to support its operations. This effort is demonstrated consisting of 1 (one) President Director and 6 (six) Directors,
by replacing LED lights in building lighting, as the materials as follows:
used in these lights are more environmentally friendly.
Busrul Iman : President Director
To evaluate the effectiveness of its corporate governance Edi Masrianto : Finance, Treasury & Global Services
implementation, the Bank conducts periodic GCG Assessments Director
in accordance with the provisions of SEOJK 13/SEOJK.03/2017
R. Arief Wicaksono : Micro, Retail & Sharia Business
on March 17, 2017, concerning the Implementation of Good Director
Corporate Governance for Commercial Banks. The self-
Zulhelfi Abidin : IT, Digital & Operation Director
assessment results for 2025, obtained in the first semester,
Eko Susetyono : Risk Management Director
were ranked 2, and in the second semester, ranked 3, indicating
that the implementation of corporate governance is adequate Arif Suhirman : Medium, Corporate Business &
or good, but still has room for improvement and strengthening. Network Director
The assessment results are followed up on to continuously Umi Rodiyah : Compliance Director
improve the effectiveness of good corporate governance
implementation.
54 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
COMPOSITION OF THE BOARD OF DIRECTORS AFTER THE Thus, the composition of the Board of Directors of Bank Jatim
ANNUAL GMS FOR THE 2024 FISCAL YEAR after the Annual GMS for the 2024 Fiscal Year was 8 (eight)
On May 22, 2025, the Annual General Meeting of Shareholders for people, consisting of 1 (one) President Director, 1 (one) Vice-
the 2024 Fiscal Year decided: President Director, and 6 (six) Directors, as follows:
1. Honorably dismissing:
a. Busrul Iman as President Director Winardi Legowo : President Director
b. Edi Masrianto as Director of Finance, Treasury & Global R. Arief Wicaksono : Vice President Director
Services
Arif Suhirman : Medium, Corporate Business &
c. Zulhelfi Abidin as Director of IT, Digital & Operations
Network Director
d. Eko Susetyono as Director of Risk Management
Umi Rodiyah : Compliance Director
2. Approving and Nominating:
a. Winardi Legowo as President Director Tonny Prasetyo : Micro, Retail & Sharia Business
Director
b. R. Arief Wicaksono as Vice-President Director
c. RM Wahyukusumo Wisnubroto as Director of Finance, RM Wahyukusumo : Finance, Treasury & Global Services
Treasury & Global Services Wisnubroto Director
d. Tonny Prasetyo as Director of Micro Business, Retail, & Wiweko Probojakti : IT, Digital & Operation Director
Sharia Business Wioga Adhiarma Aji : Risk Management Director
*
e. Wiweko Probojakti as Director of IT, Digital & Operations * Referring to the Decree of the Members of the Board of Commissioners of
f. Wioga Adhiarma Aji as Director of Risk Management the Financial Services Authority number KEPR-181/D.03/2025 on October
16, 2025, which did not approve the nomination of Mr. Wioga Adhiarma Aji as
Director of Risk Management.
Closing
The Board of Directors would like to thank shareholders, customers, business partners, and stakeholders for their trust and support
in Bank Jatim. We also extended our deepest appreciation to management and employees for their dedication and hard work in
achieving the company’s targets.
We hoped this report provided a clear picture of Bank Jatim’s performance and the strategic direction we will pursue going forward.
May Bank Jatim continue to grow and provide greater benefits to the economy and society.
The Board of Directors recognized that this achievement was inseparable from the support and trust of shareholders, customers,
business partners, and the dedication of management and employees of Bank Jatim. Therefore, we would like to express our deepest
appreciation to the parties having contributed to the Bank’s performance throughout 2025.
Finally, we are optimistic that with the right strategy and strong commitment, Bank Jatim will continue to grow sustainably and make
the best contribution to regional and national economic development.
Surabaya, March 2026
On Behalf of the Board of Directors
Winardi Legowo
President Director
PT Bank Pembangunan Daerah Jawa Timur Tbk 55
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Annual Report
2025
BOARD OF DIRECTORS
1. Tonny Prasetyo: Micro, Retail, & Sharia Business Director
2. Arif Suhirman: Medium, Corporate Business, & Network Director
3. R. Arief Wicaksono: Vice President Director
4. Winardi Legowo: President Director
5. Umi Rodiyah: Compliance Director
6. Wiweko Probojakti: IT, Digital & Operation Director
7. RM Wahyukusumo Wisnubroto: Finance, Treasury, & Global Services Director
PT Bank Pembangunan Daerah Jawa Timur Tbk 57
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The Board of Directors’s
02 and The Board of Commissioners’ Report
The Board of Commissioners’
Report
“
Honorable Shareholders and Esteemed Stakeholders,
First and foremost, we extend our gratitude to Almighty God for His blessings and grace,
which have enabled Bank Jatim to record commendable performance in 2025.
The Board of Commissioners expresses its appreciation to Frequency and Methods of Providing Advice
the Board of Directors for successfully managing the Bank to The Board of Directors
amid various external challenges, including global economic
uncertainty and the dynamic banking industry. The strategies Advice to the Board of Directors was delivered through various
implemented by the Board of Directors in strengthening formal forums as well as periodic informal communications.
business fundamentals have yielded positive results and Formally, the Board of Commissioners provided advice through
supported the sustainability of Bank Jatim’s performance. Joint Meetings between the Board of Commissioners and the
Board of Directors, as well as through special meetings convened
On this occasion, the Board of Commissioners presents its as necessary. During these meetings, the Board of Commissioners
report on supervisory activities and advisory functions provided delivered strategic directives, evaluated the Bank’s performance,
to the Board of Directors throughout 2025. This report outlines, and provided input on the implementation of the Bank’s business
among other matters, the evaluation of the Board of Directors’ plan. In addition, advice was also conveyed through committee
performance, perspectives on the business prospects prepared meetings under the Board of Commissioners, such as the Audit
by the Board of Directors, views on the implementation of the Committee, Risk Monitoring Committee, and Remuneration and
Bank’s corporate governance, as well as the composition and Nomination Committee, each of which specifically addressed
changes in the membership of the Board of Directors and the issues within its respective scope. Throughout 2025, Joint
Board of Commissioners. Herewith, we present the supervisory Meetings of the Board of Commissioners attended by the Board
and advisory report of the Board of Commissioners on the of Directors were held 13 (thirteen) times.
management of the Bank for the 2025 financial year.
The Board of Commissioners also provided advice through
intensive and responsive informal communications,
Assessment of the Performance of The including direct meetings, official correspondence, and other
Board of Directors communication channels outside formal forums. Through such
mechanisms, the Board of Commissioners was able to deliver
The Board of Commissioners consistently performs its timely guidance on strategic issues and conditions requiring
supervisory function independently and objectively over immediate attention. The Board of Commissioners has issued
the management policies and operations of the Bank carried recommendations and carried out its duties and responsibilities
out by the Board of Directors. Throughout 2025, the Board accordingly. Throughout 2025, the Board of Commissioners
of Commissioners actively provided strategic direction and issued approval letters within its authority as stipulated in the
advice to ensure that all policies adopted were aligned with the Articles of Association and prevailing regulations. Several of
prudential principle, the implementation of Good Corporate these approvals are presented as follows.
Governance, and the long-term interests of the Bank. 1. Approval of the Replacement of the Internal Audit Work Unit.
2. Approval of the 2025 Audit Plan.
3. Approval of the Temporary Replacement of the President
Director.
4. Approval of the Sustainable Public Offering (PUB) Plan for
Bank Jatim Bonds in 2025.
58 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Adi Sulistyowati
Independent President Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 59
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The Board of Directors’s
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5. Approval in Principle for Provision of Financing to Related and deliberations in joint meetings and committee meetings
Parties. under the Board of Commissioners. In this process, the Board
6. Approval of the Provision of Religious Holiday Allowances of Commissioners evaluates the effectiveness of strategy
(THR) for 2025 for the Board of Commissioners, Board of execution, identifies various challenges faced by the Bank, and
Directors, Committees, and the Sharia Supervisory Board; encourages the Board of Directors to undertake the necessary
7. Approval of the Extension of Multipurpose Loans to Related corrective actions in a timely manner.
Parties
8. Approval of the Board of Directors’ Key Performance Furthermore, the Board of Commissioners ensures that the
Indicators (KPI) for 2024; implementation of strategies is carried out with due regard
9. Approval of the Temporary Replacement of the President to the prudential principle, sound risk management, and
Director compliance with prevailing laws and regulations.
10. Approval of the Adjustment to the Bank’s Business Plan for
2025 All supervisory processes are supported by a transparent
11. Approval of the Bank Jatim Recovery Action Plan Document; and accountable reporting system, enabling the Board
12. Approval of Amendments to the Standard Operating of Commissioners to obtain adequate information for
Procedures (SOP) of the Board of Directors; decision-making and the provision of guidance. The Board
13. Approval of Enhancements to the Organizational Structure; of Commissioners also consistently monitors the follow-up
14. Approval of the Nomination of Candidates for the Board of on recommendations submitted to the Board of Directors. It
Directors and Non-Independent Commissioners of Bank NTT continually ensures that the formulation and implementation
15. Approval and Appointment of a Public Accountant (AP) of strategies by the Board of Directors are executed effectively,
and/or a Public Accounting Firm (KAP) to audit the 2025 measurably, and in alignment with Corporate Governance
consolidated financial statements of PT Bank Pembangunan principles, thereby supporting the sustainable growth of Bank
Daerah Jawa Timur Tbk, its Sharia Business Unit, and Jatim’s performance.
member banks within the Kelompok Usaha Bank (KUB);
16. Approval of the Bank’s Business Plan for 2026; Economic Conditions Directly Affecting The
17. Approval of Amendments to Product Policies Related to Bank’s Performance
Lending and Financing Activities;
18. Approval of the Update to the Internal Audit Charter. The International Monetary Fund (IMF) projects global
economic growth for 2025, as updated in January 2026,
Supervision by The Board of Commissioners at approximately 3.3%. This figure reflects that the global
Over the Formulation and Implementation economic recovery remains underway, albeit not yet
of Strategies Undertaken by The Board of sufficiently robust to drive significant growth acceleration.
Directors Nevertheless, such stability continues to be overshadowed by
persistent global uncertainties. In 2025, the global economy
The Board of Commissioners consistently performs its faced pressures arising from geopolitical tensions, particularly
supervisory function in an active and continuous manner to the Russia–Ukraine conflict and developments in the Middle
ensure that the formulation and implementation of strategies East stemming from the Israel–Palestine conflict. In addition,
undertaken by the Board of Directors are aligned with the the rise of protectionist policies has further exacerbated
Bank’s vision, mission, and long-term plans. In supervising global economic conditions. These include the imposition of
strategic formulation, the Board of Commissioners conducts a universal 10% import tariff by the United States, as well as
comprehensive reviews of the preparation of the Bank’s higher reciprocal tariffs on several major trading partners,
Business Plan (RBB) and strategic policies developed by such as China, Canada, Mexico, and the European Union. The
the Board of Directors. This process includes evaluating the combination of these factors has heightened volatility in
assumptions used, assessing alignment with macroeconomic global financial markets and weakened business and investor
conditions and banking industry prospects, and ensuring the confidence across many countries.
adequacy of planned risk mitigation measures. The Board
of Commissioners also provides strategic direction and Amid heightened volatility and uncertainty in the global
recommendations to refine these plans, making them more economy, the national economy demonstrated strong resilience
adaptive to the dynamic business environment and capable of and solid performance. Economic growth remained robust,
creating added value for the Bank. supported by sustained stability and controlled inflation.
Furthermore, the strong synergy of Indonesia’s national
With regard to the supervision of strategy implementation, economic policy mix served as a key driver in achieving steady
the Board of Commissioners exercises oversight through economic expansion. In 2025, Indonesia’s economy grew by
periodic monitoring of the Board of Directors’ performance 5.33% (year-on-year), an increase from 5.03% (year-on-year)
realization against the established targets. Such supervision in the previous year. This growth was supported by rising
is carried out through routine meetings, management reports, household consumption, in line with increased public activity
60 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
and mobility, and further driven by the expansion of exports in net interest and sharia income indirectly contributed to an
of goods and services. In particular, exports of jewelry and increase in the Bank’s net profit. In 2025, net profit reached
precious metals strengthened, supported by heightened global IDR1.62 trillion, rising by 24.80% compared to IDR1.30 trillion
demand for gold. in the previous year. Furthermore, the Bank succeeded in
improving asset quality, as reflected in total assets of IDR168.85
From the banking perspective, throughout 2025, financial trillion in 2025, an increase of 42.93% from IDR118.14 trillion
system stability remained well maintained and supported in the previous year. Equity in 2025 reached IDR22,499,302
improvements in economic performance. The resilience of the million, growing by 54.10% compared to IDR14,600,039 million
financial system was underpinned by adequate banking liquidity, in the previous year.
strong capital capacity, and well-managed credit risk. As of
December 2025, the robustness of the banking industry was In addition to operational and financial performance, the Bank’s
reflected in its Capital Adequacy Ratio (CAR), which remained Soundness Level also serves as a key consideration for the
strong at 25.89%, demonstrating its capacity to absorb risks Board of Commissioners in assessing the performance of the
and support credit growth. From a risk standpoint, the industry’s Board of Directors. The Bank conducted a self-assessment of
Non-Performing Loan (NPL) ratio remained well controlled at its Soundness Level using the Risk-Based Bank Ratingapproach
2.05%, lower than that recorded in the corresponding period of in accordance with Financial Services Authority Regulation No.
the previous year. Meanwhile, the intermediation function of the 4/POJK.03/2016 concerning the Assessment of Commercial
banking industry continued to operate effectively and remained Bank Soundness Levels. This assessment evaluates the
sound, albeit under relative pressure compared to the previous Bank’s risks and performance as reflected in the final rating
year. This pressure was partly attributable to yield-seeking (Composite Rating). The Risk-Based Bank Rating approach
behavior, which encouraged society as the contributors to Third- encompasses four key factors: Risk Profile, Good Corporate
Party Funds (DPK), to shift toward more attractive alternative Governance (GCG), Earnings, and Capital.
investment instruments.
The results of Bank Jatim’s Self-Assessment of its Soundness
Bank Performance Level on an individual basis as of December 31, 2025, placed
the Bank in Composite Rating 2 (Sound). This rating reflects
The Board of Commissioners assesses that the Board of the Bank’s generally healthy condition, indicating its capability
Directors has demonstrated sound and effective performance to withstand significant adverse impacts arising from changes
in managing the Bank. This is reflected in the Board of in business conditions and other external factors. This is
Directors’ ability to maintain financial performance stability, evidenced by the favorable ratings across the assessment
enhance asset quality, and optimize prudent business growth components, including the Risk Profile, Implementation of Good
amid dynamic economic conditions. Corporate Governance, Earnings, and Capital. In the event that
any weaknesses exist, such weaknesses are generally deemed
In 2025, the Bank recorded solid performance in both insignificant and do not materially affect the Bank’s overall
operational and financial aspects. From an operational performance and stability.
perspective, total Micro Credit disbursement in 2025 amounted
to IDR10.28 trillion, representing an increase of 10.25%
compared to the previous year’s IDR9.32 trillion. Total Retail View on The Business Prospects
Credit disbursement in 2025 reached IDR12.17 trillion, rising by Prepared by The Board of Directors
11.35% from IDR10.93 trillion in the previous year. Total credit
disbursement to the Middle Segment in 2025 amounted to Based on the January 2026 edition of the World Economic
IDR490.17 billion, reflecting a significant increase of 93.96% Outlook published by the International Monetary Fund (IMF),
compared to IDR252.71 billion in 2024. Meanwhile, total the global economic growth outlook for 2026 indicates
Consumer Credit in 2025 reached IDR35.43 trillion, increasing relatively stable conditions, with projected growth of 3.3%,
by 5.84% from IDR 33.36 trillion in 2024. unchanged from 2025. This reflects the continued recovery
of the global economy, although it has yet to demonstrate
Growth was also evident in the Sharia segment’s operations. significant acceleration. Emerging and developing economies
The realization of Sharia Third-Party Funds (DPK) in 2025 are expected to remain the primary drivers of global growth,
amounted to IDR3.73 trillion, an increase of IDR807.22 billion with projections reaching 5.0%, an increase from 4.4% in
or 27.57% compared to IDR2.93 trillion in 2024. Sharia 2025. This growth is supported by strong domestic demand,
financing in 2025 reached IDR2.73 trillion, rising by IDR61.12 sustained investment, and favorable demographic factors. India
billion or 2.29% compared to IDR2.67 trillion in 2024. is projected to maintain robust growth, while China is expected
to experience a slight slowdown amid ongoing structural
From a financial standpoint, Bank Jatim recorded net interest economic adjustments. Furthermore, the Middle East and
and sharia income of IDR10.29 trillion, representing an increase Southeast Asia are also anticipated to strengthen, supported
of 22.78% from IDR8.38 trillion in the previous year. The growth by stable energy prices and increased commodity production.
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Overall, the outlook for 2026 underscores a shift in the sources a balance between growth, risk management, and governance in
of global growth toward emerging economies, albeit amid order to sustain performance and ensure long-term resilience.
persistent external risks, including geopolitical uncertainties
and evolving global financial conditions.
View on The Implementation of The
The national economy demonstrated strong resilience amid Bank’s Corporate Governance
global dynamics. This was reflected in the solid economic
performance in 2025, with growth reaching 5.33% (year-on- The Board of Commissioners assesses that the Board of Directors
year), an increase from 5.03% (year-on-year) in the previous has carried out the Bank’s management functions by upholding
year. Economic growth continues to be driven by strong the principles of corporate governance. This is reflected in
domestic consumption, supported by improving community decision-making processes based on comprehensive analysis,
mobility and resilient export performance, particularly in prudent risk management, and compliance with prevailing laws
commodity-based sectors. Price stability is also maintained, as and regulations. Furthermore, the strengthening of internal
reflected in controlled inflation of 2.93%, driven by fluctuations control functions and the roles of the compliance unit, internal
in food commodity prices, energy, and tobacco. audit, and risk management have supported the establishment
of an effective and reliable governance system. The Board of
From the banking sector perspective, the industry in 2026 is Commissioners consistently performs its supervisory function
projected to continue growing at a moderate pace. Projections to ensure that the management of the Bank by the Board of
from the Financial Services Authority (Otoritas Jasa Keuangan/ Directors is conducted in accordance with applicable laws and
OJK) indicate that credit disbursement is expected to expand regulations. It also provides the necessary advice and opinions
by 10%–12%, while the growth of Third-Party Funds (Dana on every strategic action and activity undertaken to achieve
Pihak Ketiga/DPK) is projected at 7%–9%. This suggests that the Bank’s objectives.
the banking sector’s intermediation function will remain sound,
although potential liquidity pressures may arise as credit Risk Management
growth outpaces deposit growth.
Risk Management is an activity involving the management
Meanwhile, projections from the Infobank Institute indicate of risks through processes of identification, measurement,
slightly different dynamics, with credit growth estimated at monitoring, and control over the Bank’s portfolio to estimate
9%–11% and DPK growth at 10%–12%. These variations reflect potential losses that may arise. Through the implementation of
differing perspectives on domestic economic conditions, with effective risk management, potential risks are expected to be
Infobank projecting stronger deposit growth. Overall, both mitigated and minimized.
projections underscore that the banking sector still has ample
room for expansion, supported by robust financing demand. The implementation of Risk Management at Bank Jatim is
Nevertheless, prudent liquidity and risk management remain aligned with the Enterprise Risk Management (ERM) framework.
essential to maintain the stability of the financial system amid This framework provides a foundation for a proactive and
global economic uncertainties. forward-looking risk management process to ensure the
achievement of healthy and sustainable business growth, as
After considering these economic conditions, the Board of well as comprehensive capital management. Within the ERM
Commissioners has assessed that the business prospects framework, risks are managed in an integrated manner through
proposed by the Board of Directors are sufficiently the alignment of risk appetite with business strategies.
comprehensive in outlining opportunities and economic
growth projections at both national and regional levels, as The primary objective of ERM implementation is to enable
well as the associated risks that need to be anticipated. The the Bank to achieve its targets and business plans while
Board of Commissioners views the need to emphasize several upholding the prudential principle, maintaining sound financial
key aspects, namely strengthening prudent credit growth, performance, and ensuring compliance with prevailing
enhancing Third-Party Funds (DPK), managing funding regulations. This objective is realized through the establishment
costs and net interest margins, and accelerating digital of a strong risk culture, which serves as the foundation of the
transformation supported by measurable key performance control mechanisms within the ERM framework. In addition,
indicators. the Bank prepares risk mitigation measures to ensure that risk
exposures remain within the established risk appetite.
Furthermore, risk mitigation against global risks should be
elaborated more concretely, including their potential impacts In implementing Good Corporate Governance, the Board
on the Bank’s financing sectors. The implementation of of Commissioners and the Board of Directors consistently
sustainable finance programs also needs to be consistently perform active supervisory functions over all operational and
strengthened to ensure effective execution. Accordingly, the strategic activities of the Bank. This oversight is conducted to
Board of Commissioners supports the strategic direction of the ensure compliance with prevailing regulations and to optimize
Board of Directors, emphasizing the importance of maintaining the Bank’s performance in addressing the challenges of the
62 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
dynamic financial industry. Accordingly, both the Board of 25, 2025. This decree designates the Risk Management
Commissioners and the Board of Directors are required to Division as the Special Working Unit (UKK) responsible for
understand the risks faced by the Bank, provide clear direction, internal control over financial reporting.
actively oversee and mitigate risks, and foster a strong risk
management culture within the Bank’s organization. IMPLEMENTATION OF RISK MANAGEMENT WITHIN THE
BANKING BUSINESS GROUP
As a Bank with the vision of becoming the No. 1 Regional
Development Bank (BPD) in Indonesia, and with a mission Bank Jatim performs its function as the parent company of the
to contribute to the economic growth of East Java while Banking Business Group (KUB) in accordance with Financial
supporting the development of micro, small, and medium Services Authority Regulation POJK No.12/POJK.03/2020
enterprises (MSMEs) through a focus on lending to the MSME concerning the Consolidation of Commercial Banks. The
sector, Bank Jatim is significantly influenced by changes in the implementation of its risk management refers to POJK
business climate, such as inflation and competition from foreign No.38/POJK.03/2017 concerning the Implementation of
products. The influx of imported products into Indonesia as a Consolidated Risk Management for Banks Exercising Control
result of the country’s participation in free trade has intensified over Subsidiaries. The implementation of consolidated risk
these challenges. Efforts to minimize the negative impacts management takes into account the business characteristics of
are undertaken through risk management grounded in the each member of the Banking Business Group.
prudential principle to ensure healthy and sustainable growth
in the Bank’s performance. The Bank has established consolidated risk management
procedures as standard guidelines for implementing risk
Risk management, as an integral component of business management within the Banking Business Group. These
growth and daily operations, is implemented through various procedures regulate the principles to be fulfilled in the
initiatives, including: consolidated risk reporting process and the delegation of
1. Providing risk-based opinions on every banking activity authority. On a consolidated basis, Bank Jatim conducts a self-
and new product, including the expansion of the Bank’s assessment of eight types of risk, namely credit risk, market
service network. risk, liquidity risk, operational risk, strategic risk, reputational
2. Continuously refining operational policies and procedures, risk, legal risk, and compliance risk, through the Consolidated
and adjusting risk tolerance limits to ensure an optimal Risk Profile Report. The results of this assessment are
balance between asset quality and business profitability. presented in the form of ratings derived from the aggregation
3. Ensuring that the implementation of risk management of assessments of each member of the Banking Business Group
remains aligned with changes in macroeconomic conditions (KUB).
and the business developments of Bank Jatim.
Based on the results of the consolidated self-assessment
INTERNAL CONTROL OVER FINANCIAL REPORTING of Bank Jatim’s Risk Profile as of December 2025, the Bank
achieved a Composite Rating of 2 (Low), with an Inherent
Internal Control Over Financial Reporting (ICOFR)is a process Risk Rating of “Low to Moderate” and a Risk Management
designed to provide reasonable assurance that financial Implementation Quality Rating of “Fair.”.
statements are prepared reliably and are free from material
misstatement. This framework enhances the level of confidence In 2025, the Board of Commissioners assessed that the
of financial statement users by ensuring the accuracy, adequacy of risk management was effective and sufficient, as
reliability, and integrity of the reported financial information. reflected in the following:
1. The implementation of Risk Management across all Bank
In accordance with Financial Services Authority Regulation activities and products, including in the field of information
(POJK) No. 15 of 2024 concerning the Integrity of Bank Financial technology, has been carried out effectively and supported
Reporting, banks are required to maintain financial reporting by adequate internal control systems, in line with the
processes with integrity to ensure the accuracy, reliability, and Bank’s complexity and scale of operations.
transparency of financial information and financial statements. 2. The revitalization of the Second Line of Defense within the
In line with this regulation, Bank Jatim has updated its Financial organizational structure and branch work units is necessary
Reporting SOP pursuant to Decree No.064/03/01/DIR/AMK/ to minimize potential irregularities and strengthen the
KEP dated January 9, 2025. implementation of the Anti-Fraud Strategy (SAF).
3. The implementation of governance across all organizational
Furthermore, Bank Jatim has established a Special Working levels and work units has generally been carried out
Unit (UKK) responsible for preventing fraud or manipulation effectively.
in financial information and/or the financial statements of 4. Overall, the Bank’s risk management policies have been
commercial banks, as stipulated in Decree No. 064/020/ implemented consistently and aligned with operational
DIR/MRS/KEP dated April 8, 2025 and subsequently updated policies throughout 2025.
through Decree No. 064/064/DIR/MRS/KEP dated November
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5. Nevertheless, several areas require further attention, The implementation of a reliable and effective Internal Control
including the deeper integration of climate risk into credit System is the responsibility of all parties involved within the
policies and the Risk Appetite Statement (RAS), as well as Bank’s organization, as outlined below:
the optimization of the Enterprise Risk Management (ERM) 1. Board of Directors
dashboard to support strategic decision-making. The Board of Directors is responsible for establishing
6. The Bank has established a comprehensive Business and maintaining an effective Internal Control System
Continuity Management (BCM) framework, encompassing and ensuring that it operates securely and reliably in
policies, organizational structures, and key procedures, and accordance with the internal control objectives set by the
its implementation has effectively supported the continuity Bank.
of the Bank’s operations. 2. Board of Commissioners
The Board of Commissioners is responsible for overseeing
Internal Control System the overall implementation of internal controls, including
the policies established by the Board of Directors governing
In order to establish and enhance the quality of risk such controls.
management implementation that supports the effectiveness 3. Internal Audit Work Unit (SKAI)
of the Bank’s risk-based supervisory framework, Bank Jatim is SKAI is responsible for evaluating and actively contributing
required to maintain a reliable and effective Internal Control to the continuous enhancement of the effectiveness of
System (SPI) in managing its risks. This system is continuously the Internal Control System, particularly in relation to the
established and implemented by the Bank’s management on an Bank’s operational activities that may potentially result
ongoing basis to: in losses or hinder the achievement of management’s
1. Safeguard and secure the Bank’s assets. objectives.
2. Ensure the availability of accurate and reliable reports. 4. All Bank Officers and Employees
3. Enhance compliance with prevailing regulations. Every officer and employee of the Bank is required to
4. Mitigate financial impacts or potential losses, including understand and implement the Internal Control System
irregularities, fraud, and violations of prudential principles. established by the Bank’s management.
5. Improve organizational effectiveness and increase cost 5. External Parties
efficiency. External stakeholders, including the Financial Services
Authority (Otoritas Jasa Keuangan/OJK), Bank Indonesia,
The implementation of a reliable and effective internal control external auditors, and customers, also play a role in
system within the Bank is the responsibility of all risk-taking supporting the implementation of a reliable and effective
units, supporting units, and the Internal Audit Division. The Internal Control System.
internal control system for risk refers to the Bank’s overall
internal control framework, which includes the following: The results of the evaluation of the Internal Control System
1. The Bank implements an effective internal control system conducted by the Board of Directors through periodic
in the application of Risk Management in accordance with reviews indicate that the Board of Directors performs
established policies and procedures. The implementation regular assessments (every four months) of the operational
of the segregation of duties principle (four-eyes principle) performance reports submitted by Heads of Work Units
has been adequate and consistently applied. (Branch Managers). These reviews evaluate findings related
2. A comprehensive internal control system supporting the to weaknesses in the Internal Control System, inaccuracies in
implementation of Risk Management. financial reporting, and other irregularities, including fraud.
3. Periodic reviews of the implementation of Risk The evaluation results demonstrate that the implementation
Management. of Bank Jatim’s Internal Control System throughout 2025 has
4. The results of such reviews conducted by the Enterprise been effective and adequate.
Risk Management Division are submitted to the Board of
Commissioners, the Internal Audit Division, the Director of The Board of Commissioners and the Board of Directors provide
Compliance and Risk Management, the Audit Committee, direction based on audit reports concerning the adequacy of
and other relevant Directors as input for refining the Risk the Internal Control System conducted by the Internal Audit
Management framework. Division. This is carried out through periodic coordination
5. Improvements based on findings from internal and external meetings to address issues affecting the Bank’s operations
audits are monitored by the Internal Audit Division. and performance achievements, including discussions on
Outstanding audit findings are reported by the Internal Internal Audit findings during specific periods. The Board of
Audit Division to the Board of Directors for the necessary Commissioners and the Board of Directors concluded that,
follow-up actions. throughout 2025, the Internal Control System has been
6. A high level of responsiveness to weaknesses and/ implemented effectively and adequately.
or deviations from applicable internal and external
regulations.
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Whistleblowing System Bank Jatim will continue to enhance the awareness and
understanding of employees and other stakeholders to report
The successful implementation of a comprehensive anti-fraud violations through whistleblowing channels, thereby fostering
strategy is highly dependent on the commitment and dedication a clean and high-integrity working environment. In this regard,
of the Board of Commissioners and the Board of Directors the following initiatives have been undertaken:
to foster an anti-fraud culture and awareness throughout all 1. Implementation of the Anti-Fraud Strategy (SAF) program,
levels of the Bank’s organization. One such initiative is the including surprise audits (Operational and Credit).
establishment of a written commitment known as the Anti- 2. Socialization and dissemination of information regarding
Fraud Declaration, which has been signed by the Board of the implementation of the Anti-Fraud Strategy and
Commissioners, the Board of Directors, and all employees Whistleblowing System during audit exit meetings and
across the Bank. With regard to the implementation of the employee orientation, including for new employees.
Whistleblowing System (WBS), the Board of Commissioners 3. Provision of training materials on the Anti-Fraud Strategy
plays a role in reviewing the results of special audit reports and Whistleblowing System as part of employee promotion
derived from WBS reports. programs.
4. development of the SAF system.
Preventive, detective, and identification measures against
potential vulnerabilities serve as an Early Warning System The Board of Commissioners views that the management of
(EWS) for operational processes. The identification of findings the Whistleblowing System at Bank Jatim has been effectively
indicating fraud is incorporated into the Bank’s whistleblowing implemented.
policies and mechanisms. Through this mechanism, it is
expected that violations can be detected at an early stage Sustainabillity Governance
and that participation from employees, customers, and other
stakeholders in reporting misconduct will increase, thereby As one of the regional development banks that plays a vital
serving as an early warning of potential violations. role in the economy, Bank Jatim consistently implements
sustainability governance as an integral part of its business
As a manifestation of Bank Jatim’s commitment to implementing strategy and corporate governance. This commitment ensures
its anti-fraud strategy and complaint mechanisms, and to sustainable business growth while creating added value for
ensuring protection for whistleblowers acting in good faith, the all stakeholders. The Board of Commissioners is of the view
Bank is obligated to: that sustainability aspects have been well integrated into the
1. Protect whistleblowers. Bank’s policies, business processes, and corporate culture. This
2. Provide protection aimed at encouraging whistleblowers to commitment is demonstrated through the preparation of the
report fraud clearly, comprehensively, and transparently. Sustainable Finance Action Plan (RAKB). The key priorities in
3. Safeguard the identity of whistleblowers and the implementing Sustainable Finance at Bank Jatim include the
confidentiality of their reports. development of sustainable financial products and services, as
4. Uphold its commitment to protect whistleblowers acting well as the enhancement of the Bank’s internal capacity.
in good faith in accordance with prevailing laws and
regulations as well as applicable best practices. As a tangible manifestation of its active role in conducting
5. Ensure the confidentiality and security of all fraud reports, sustainable business activities, Bank Jatim focuses its
while enabling whistleblowers to obtain information operations on economic, environmental, and social aspects as
regarding the progress of their complaints.. outlined in the RAKB. The Bank has established a sustainability
6. Provide protection to internal employee whistleblowers strategic direction aligned with its vision and long-term
against dismissal, demotion, discrimination, intimidation, corporate plan. The Board of Directors is responsible for
and other forms of retaliation, in accordance with applicable formulating and implementing sustainability strategies, while
laws and regulations. the Board of Commissioners carries out its supervisory function
to ensure that such policies and their implementation are
effective, measurable, and aligned with the prudential principle.
This oversight is supported by committees under the Board
of Commissioners, which periodically evaluate sustainability
performance, including Environmental, Social, and Governance
(ESG) aspects.
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The implementation of sustainability governance is realized Changes in The Composition of The
through the integration of ESG principles into the Bank’s Board of Commissioners
business activities. These include financing activities that
consider environmental and social aspects, the management During 2025, there were changes in the composition of the
of sustainability-related risks, and the strengthening of members of the Board of Commissioners. These changes were
responsible business practices. Bank Jatim also continuously made in accordance with the Bank’s needs. The details of the
promotes resource efficiency, reduces the environmental changes are as follows:
impact of its operations, and enhances its social contributions
to the community through various corporate social COMPOSITION OF THE BOARD OF COMMISSIONERS
responsibility programs. The Board of Commissioners views PRIOR TO THE 2024 ANNUAL GENERAL MEETING OF
that the commitment to sustainability governance has become SHAREHOLDERS
embedded in the Bank’s organizational culture, as reflected in Prior to the Annual General Meeting of Shareholders (AGMS)
decision-making processes that balance economic, social, and for the 2024 Financial Year, the Board of Commissioners
environmental considerations. comprised four (4) members, consisting of three (3)
Independent Commissioners and one (1) Commissioner, as
follows:
Performance Assessment of
Committees under The Board of Adhy Karyono : Commissioner
Commissioners Muhammad Mas’ud : Independent Commissioner
Sumaryono : Independent Commissioner
In order to enhance the role of the Board of Commissioners in
Dadang Setiabudi : Independent Commissioner
performing its supervisory function, the Board is assisted by
three (3) committees: the Audit Committee, the Remuneration
and Nomination Committee, and the Risk Monitoring Committee. COMPOSITION OF THE BOARD OF COMMISSIONERS
The performance evaluation procedure for the Committees AFTER THE 2024 ANNUAL GENERAL MEETING OF
under the Board of Commissioners is conducted periodically on SHAREHOLDERS
an annual basis, whereby the Board of Commissioners assesses On May 22, 2025, the Annual General Meeting of Shareholders for
the effectiveness of each Committee’s performance. the 2024 Financial Year resolved to:
1. Honorably dismiss Sumaryono from his position as
The evaluation criteria for the Committees are based on the Independent Commissioner.
Key Performance Indicators established for each Committee 2. Approve and appoint:
under the Board of Commissioners. These KPIs comprise a. Adi Sulistyowati as President Independent
three (3) aspects: Active Supervision, Passive Supervision, Commissioner
and Competency Development. The Board of Commissioners b. Nurul Ghufron as Independent Commissioner
assesses that, throughout 2025, the Committees have c. Asri Agung Putra as Independent Commissioner
performed their duties and responsibilities effectively,
operated independently, and provided valuable input and Accordingly, the composition of the Board of Commissioners
recommendations to support the Board of Commissioners in following the AGMS for the 2024 Financial Year consisted of
carrying out its supervisory functions. six (6) members, comprising one (1) President Independent
Commissioner, four (4) Independent Commissioners, and one
(1) Commissioner, as follows:
Adi Sulistyowati : President Independent
Commissioner
Adhy Karyono : Commissioner
Muhammad Mas’ud : Independent Commissioner
Dadang Setiabudi : Independent Commissioner
Nurul Ghufron *
: Independent Commissioner
Asri Agung Putra : Independent Commissioner
* Resigned pursuant to the Company’s Letter to the Regulator No. 064/646/CSE/
CMAI/Srt dated November 20, 2025.
66 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Closing
In recognition of the achievements throughout 2025, the Board of Commissioners extends its appreciation to the Board of Directors,
management, and all employees of Bank Jatim for their dedication and hard work. We also express our sincere gratitude to the
shareholders, regulators, customers, and all stakeholders for their trust and continued support.
Entering 2026, the Board of Commissioners will continue to strengthen its supervisory function and provide strategic direction
to ensure that Bank Jatim is well-positioned to navigate increasingly complex challenges while optimally leveraging growth
opportunities. Looking ahead, the Board of Commissioners sincerely hopes that all levels of the Bank will continue to formulate
sound strategies capable of driving the Bank toward stronger and more sustainable growth.
Surabaya, March 2026
On Behalf of the Board of Commissioners
Adi Sulistyowati
President Independent Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 67
Page 68
The Board of Directors’s 02 and The Board of Commissioners’ Report 68 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 69
Annual Report
2025
BOARD OF COMMISSIONERS
1. Asri Agung Putra: Independent Commissioner
2. Adi Sulistyowati: Independent President Commissioner
3. Dadang Setiabudi: Independent Commissioner
4. Muhammad Mas’ud: Independent Commissioner
5. Adhy Karyono: Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 69
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Annual Report
2025
Responsibility of
2025 Annual Report
We, the undersigned, state that all information in the 2024 Annual Report of
PT Bank Pembangunan Daerah Jawa Timur Tbk. has been published in complete version,
and we are fully responsible for the accuracy of the contents of this report.
This statement was made with actual facts.
Surabaya, April 14, 2026
Board of Directors
Winardi Legowo R. Arief Wicaksono
President Director Vice President Director
Arif Suhirman Umi Rodiyah Tonny Prasetyo
Medium, Corporate Business, Compliance Director Micro, Retail,
& Network Director & Sharia Business Director
RM Wahyukusumo Wisnubroto Wiweko Probojakti
Finance, Treasury, IT, Digital & Operation Director
& Global Services Director
70 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 71
Board of Commissioners
Adi Sulistyowati
Independent President Commissioner
Adhy Karyono Muhammad Mas’ud
Commissioner Independent Commissioner
Dadang Setiabudi Asri Agung Putra
Independent Commissioner Independent Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 71
Page 72
2025
Annual Report
01 Performance Highlights
The Board of Directors’ and The
02
Board of Commissioners’ Report
03
03 Company
Company Profile
Profile
Management Discussion and
04
Analysis on Bank Performance
05 Human Capital
06 Information Technology
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference Index
10 Financial Statements
Company Profile
72 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 73
PT Bank Pembangunan Daerah Jawa Timur Tbk 73
Page 74
Company
03 Profile
Corporate
Identity
Company Name
PT Bank Pembangunan Daerah Jawa Timur Tbk.
Nick Name Stock Code Business Field
Bank Jatim BJTM Finance
Listing on The Indonesia
Date of Establishment Authorized Capital
Stock Exchange
August 17, 1961 July 12, 2012 IDR9,000,000,000,000
Issued and Fully
Number of Employees Ownership
Deposited Capital
As of December 2025, 7,543 people • East Java Provincial Government A total of 15,015,498,082 shares with
(including outsourced personnel) (51,13%) a par value of IDR3,753,874,520,500
• 38 District/City Government (28,35%)
• Society (20,52%)
Legal Basis of Establishment Access to Information
Notarial Deed Anwar Mahajudin Head Office Contact Address
No. 91 dated August 17, 1961 and Jalan Basuki Rachmad Call Center : 14044
strengthened by the Decree of the 98 – 104, Surabaya 60271 SMS Banking : 3366
Minister of Fownershipinance Number Phone : (031) 5310090-5310099
BUM.9-4-5 dated August 15, 1961. Corporate Secretary Fax : (031) 5310838
Fenty Rischana K Email : info@bankjatim.co.id
Corporate Secretary Website : www.bankjatim.co.id,
Office Network Data Kantor Pusat Bank Jatim www.bankjatim.id
Jl. Basuki Rachmat
No. 98–104 Surabaya Social Media
1 Head Office Email: corsec@bankjatim.co.id
@bankjatim bankjatim
49 Branch Offices Investor Relation
175 Sub-Branch Offices Derry Widya Ariyanta bankjatim bank jatim
Corporate Secretary
220 Functional Offices Kantor Pusat Bank Jatim
Jl. Basuki Rachmat
200 Payment Point
No. 98–104 Surabaya
868 ATMs Email: iru@bankjatim.co.id
108 CRM
33 Car Cash
207 Sharia Service Offices
74 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Name and Address of Branch Office
and Sharia Branch Offices
Branch Office
Name Address Phone Fax Email and Web
Surabaya Jl. Basuki Rakhmad 98-104, (031) 5310090-99 (031) 5470159 • bankjatim.cabut@gmail.com
Main Branch Kec. Genteng, Surabaya • www.bankjatim.co.id
Banyuwangi Branch Jl. Basuki Rahmat no. 156 (0333) 421755/ (0333) 421555 • umumsdmbanyuwangi@gmail.com
Kec. Banyuwangi, Banyuwangi 426755 • www.bankjatim.co.id
Jember Branch Jl. A. Yani no. 3A RT 01 RW 03 (0331) 484605-07 (0331) 428376/ • akuntansi.bpdjember@gmail.com
Kec. Patrang, Jember 68137 481502 • www.bankjatim.co.id
Malang Branch Jl. Jaksa Agung Suprapto (0341) 321961 (0341) 325085/ • bankjatim_malang@yahoo.com
26-28, Kec. Klojen 365212 • www.bankjatim.co.id
Kota Malang
Madiun Branch Jl. Jawa No. 43 (0351) 464432/ (0351) 463665/ • bankjatim_madiun@yahoo.com
Kec. Kartoharjo 459202/ 476328/ 491499 • www.bankjatim.co.id
Kota Madiun 476315
Kediri Branch Jl. P. Kusuma Bangsa No. 122 (0354) 680270 (0354) 682924 • bankjatimkediri@gmail.com
Kec. Kota Kediri Kediri • umum.bjkediri@gmail.com
• www.bankjatim.co.id
Pamekasan Branch Jl. Panglima Sudirman No. 5 (0324) 322451/ (0324) 322932 • bankjatim.pamekasan@gmail.com
Kec. Pamekasan 322923 • www.bankjatim.co.id
Kab. Pamekasan
Bojonegoro Branch Jl. Mastrip 70 (0353) 882137/ (0353) 881028/ • bankjatim_bojonegoro2004
Kec. Bojonegoro 889753 891772 @yahoo.com
Kab. Bojonegoro • www.bankjatim.co.id
Lumajang Branch Jl. Alun-alun Barat 4 (0334) 881683/ 882111 (0334) 882830 • bankjatimlmj@gmail.com
Kec. Lumajang Kab. Lumajang • www.bankjatim.co.id
Ngawi Branch Jl. Yos Sudarso 32 (0321) 862217 (0321) 861952 • bankjatim.ngawi@gmail.com
Kel. Margomulyo Kec. Ngawi • umum.bankjatimngawi@gmail.com
Kab. Ngawi • www.bankjatim.co.id
Jombang Branch Jl. K.H. Wakhid Hasyim 36, (0321) 862217 (0321) 861952 • bankjatim.jombang@gmail.com
Kec. Jombang Kab. Jombang • www.bankjatim.co.id
Kraksaan Branch Jl. Raya PB. Sudirman 144, (0335) 841382/ (0335) 841124/ • bankjatim_kraksaan@yahoo.com
Kec. Kraksaan 843184 842451 • www.bankjatim.co.id
Kab. Probolinggo
Probolinggo Branch Jl. Soekarno-Hatta 311 (0335) 422552/ (0335) 422314 • bjprob@gmail.com
Kel. Tisnonegaran 421879 • www.bankjatim.co.id
Kec. Kanigaran
Kota Probolinggo
Blitar Branch Jl. HOS Cokroaminoto 36-38, (0342) 801462/ (0342) 802262/ • bankjatimblitar@gmail.com
Kec. Kepanjenkidul 806089/807333 801353 • www.bankjatim.co.id
Kota Blitar
Tulungagung Branch Jl. I Gusti Ngurah Rai 1, (0355) 321105/ (0355) 321104/ • bankjatim.tulungagung@gmail.com
Kec. Tulungagung 321106/327581 320407 • www.bankjatim.co.id
Kab. Tulungagung
Tuban Branch Jl. Basuki Rakhmad 13 (0356) 322725 (0356) 321169 • bankjatimtuban017@gmail.com
Kec. Tuban Kab. Tuban • www.bankjatim.co.id
PT Bank Pembangunan Daerah Jawa Timur Tbk 75
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Company
03 Profile
Branch Office
Name Address Phone Fax Email and Web
Mojokerto Branch Jl. A. Yani No. 20, (0321) 321261/ (0321) 396112/ • umum.mojokerto@gmail.com
Kec. Magersari Kota Mojokerto 323002 395950/ 395501 • www.bankjatim.co.id
Sumenep Branch Jl. Trunojoyo 49 (0328) 662557/ (0328) 665780 • bjsumenep018@gmail.com
Kec. Kota Kab. Sumenep 662487 • www.bankjatim.co.id
Sampang Branch Jl. K.H. Wakhid Hasyim 111, (0323) 321226/ (0323) 321493/ • bankjatim_sampang@yahoo.com
Kec. Sampang Kab. Sampang 323400/325004 325006 • bjtmsampang@gmail.com
• www.bankjatim.co.id
Bangkalan Branch Jl. K.H. Moh. Kholil 38 (031) 3095502/ (031) 3095722 • bankjatim_bangkalan@yahoo.com
Demangan Kec. Bangkalan 3093416/3099085 • www.bankjatim.co.id
Kab. Bangkalan
Pasuruan Branch Jl. Pahlawan No. 18 (0343)421061/ (0343) 426085/ • bankjatim_pasuruan@yahoo.com
Kec. Panggungrejo, Pasuruan 411609/426086/ 432797 • www.bankjatim.co.id
431957
Nganjuk Branch Jl. Gatot Subroto 8 (0358) 325100/ (0358) 324420 • bankjatim_nganjuk@yahoo.com
Kec. Nganjuk, Kab. Nganjuk 325101/323910 • www.bankjatim.co.id
Trenggalek Branch Jl. Panglima Sudirman No. 145 (0355) 791676/ 791675 (0355) 792945 • bankjatim_trenggalek@yahoo.com
Kec. Trenggalek, Trenggalek • www.bankjatim.co.id
Ponorogo Branch Jl. Diponegoro No. 42-44 (0352) 461157/ (0352) 484260/ • bankjatim020@gmail.com
Kec. Ponorogo, Ponorogo 461158/ 484222 485485 • www.bankjatim.co.id
Pacitan Branch Jl. A. Yani No. 82 (0357) 881320/ (0357) 882889/ • cabang_pacitan@bankjatim.co.id
Kec. Pacitan, Kab. Pacitan 881321 886456 • www.bankjatim.co.id
Gresik Branch Jl. Dr. Sutomo 181, (031) 3982311/ (031) 3973976/ • bankjatim_gresik@yahoo.com
Kec. Gresik, Kab. Gresik 3982313/ 3980580 3990937 • bankjatim.gresik@gmail.com
• www.bankjatim.co.id
Sidoarjo Branch Jl. Jend. A. Yani 29 (031) 8956108/ (031) 8921631 • bankjatim_sidoarjo@yahoo.com
Kec. Sidoarjo, Kab. Sidoarjo 8956109 • www.bankjatim.co.id
Lamongan Branch Ruko Permata Lamongan (0322) 321810/ (0322) 321494 • bankjatimlamongan28@gmail.com
Jl. PB Sudirman No 72 322769/311633/ • www.bankjatim.co.id
Kec. Lamongan 318508
Kab. Lamongan
Situbondo Branch Jl. Basuki Rakhmad No. 135 (0338) 674982/ (0338) 672017 • bankjatim_situbondo@yahoo.com
Kec. Panji, Kab. Situbondo 672123/ 674983 • www.bankjatim.co.id
Bondowoso Branch Jl. Letnan Karsono No. 1 (0332) 427456/ (0332) 423524 • bankjatim_bondowoso@yahoo.
Kec. Bondowoso, Bondowoso 427447 com
• www.bankjatim.co.id
Magetan Branch Jl. Pahlawan No. 2 (0351) 895378/ (0351) 894715/ • bankjatim.magetan@gmail.com
Kec. Magetan, Kab. Magetan 891441/ 895333 895384 • www.bankjatim.co.id
Dr. Soetomo Branch, Jl. Airlangga No.1-9 (031) 99453111/ (031) 5020121 • bj.sutomo@gmail.com
Surabaya Surabaya 5012107 • www.bankjatim.co.id
Perak Branch, Jl. Perak Timur 262-264 (031) 3282635-37 (031) 3282508/ • bankjatim_perak@yahoo.com
Surabaya Surabaya 3299063 • www.bankjatim.co.id
Kangean Branch Jl. Sriwijaya No. 431 (0327) 312200/ (0327) 312040 • bankjatim034@yahoo.co.id
Kec. Arjasa Kep. Kangean 312030/ 312161 • www.bankjatim.co.id
Sumenep
76 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Branch Office
Name Address Phone Fax Email and Web
Jakarta Branch Jl. Thamrin Boulevard CT.LD1 (021) 29625615-17 (021) 29625618 • cabangjakarta.umum@gmail.com
No.1 CT.LD02 Jakarta Pusat • www.bankjatim.co.id
Batu Branch Jl. Panglima Sudirman No. 88 (0341) 511205/ 511206 (0341) 590522 • bankjatimbatu@gmail.com
Kel. Pesanggrahan /598550 • umumbankjatimbatu@gmail.com
Kec. Batu Batu • www.bankjatim.co.id
Bawean Branch Jl. Kawedanan No. 3, (0325) 422470/ (0325) 422471 • bpdjatim.bawean@gmail.com
Sangkapura Bawean 422770/423801/ • www.bankjatim.co.id
421558
Pare Branch Jl. Kusuma Bangsa No. 6 (0354) 397850/ (0354) 392799 • bankjatimpare042@gmail.com
Kec. Pare, Kab. Kediri 397851 • www.bankjatim.co.id
HR. Muhammad Jl. HR. Muhammad No. 29 (031) 99147557/ (031) 99147868/ bjtm.hrm@gmail.com
Surabaya Branch Surabaya 99141887 99147763 www.bankjatim.co.id
Kepanjen Branch Jl. Kawi No. 28, (0341) 398140 (0341) 398141 bankjatim_kepanjen@yahoo.co.id
Kec. Kepanjen Kab. Malang www.bankjatim.co.id
Batam Branch Komplek Ruko Centre Park (0778) 8071030 (0778) 7602059 bankjatimcabangbatam@gmail.com
Blok A No 1 Kel Taman Baloi, www.bankjatim.co.id
Kec Batam Kota, Kota Batam
Caruban Branch Jl. Panglima Sudirman No. 179 (0351)385353 (0351)383159 info@bankjatim.co.id
Caruban Kec. Mejayan www.bankjatim.co.id
Kab. Madiun
Sharia Branch Office
Name Address Phone Fax Email and Web
Surabaya Jl. Dr. Sutomo No 37 Surabaya (031)99543971 (031)99543971 • umum.kcssurabaya@gmail.com
Sharia Branch • www.bankjatim.co.id
Kediri Jl. Diponegoro No. 50 B Kediri (0354)7418278/ (0354)7418277/ • bankjatimsyariah_kediri@yahoo.
Sharia Branch 64121 7418279 7418424 com
• www.bankjatim.co.id
Malang Jl. Soekarno Hatta Grand Ruko (0341)491333/492333 (0341)2996502/ • bankjatimsyariahmalang@gmail.
Sharia Branch Kav. 13-14 Malang 2996503 com
• www.bankjatim.co.id
Gresik Jl. Hos Cokroaminoto No. 128 (0351)476677 (0351)476666 • bankjatimsyariah_gresik@yahoo.
Sharia Branch Kota Madiun com
• www.bankjatim.co.id
Madiun Jl. R.A. Kartini No. 220-222 (031) 3982011 (031) 3982027 • jatimsyariahmadiun@gmail.com
Sharia Branch Gresik • www.bankjatim.co.id
Jember Jl. Gajah Mada 278 Jember (0331)410614 (0331)410613 • bjsyariahjember@gmail.com
Sharia Branch • www.bankjatim.co.id
Sidoarjo Jl. Sunanjar Priyo Sudarmo (031)8924148/ (031)99704074/ • bankjatimsyariah.cabangsidoarjo
Sharia Branch 138-148 Blok A-B Sidokare 8925898 99704084 @gmail.com
Sidoarjo • www.bankjatim.co.id
PT Bank Pembangunan Daerah Jawa Timur Tbk 77
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Company
03 Profile
Company
Brand
Logo Meaning:
The inspiration for the formation of the Bank Jatim logo is the Garuda Bird’s
wings flapping upwards as a sign of being ready to fly. The Garuda bird is
the national symbol of Indonesia. In Javanese mythology, the Garuda Bird
is the “Bird of Life” or bird of life that brings glory. Wings are aerodynamic
limbs and act as a counterweight when flying. This function is to be reflected
in the logo of Bank Jatim with the hope that Bank Jatim can fly high towards
the desired goals, and there is a balance between funds obtained from the
public/ government and channeled in the form of credit/ financing so as to
create a populist economy.
The First is the Brand Personality of Bank Jatim, which is reflected in 5 (five) Wings on the Bank Jatim logo. The Five Wings
represent 3 (three) Pillars and 2 (two) main bases of banking. The three banking pillars include Agent of Development,
Institutional Endurance and Services. The two pillars of banking include good corporate governance and risk management.
5 Spirits of Bank Jatim
PROFESIONAL
5
Feathers
3 Pillars and 2 Foundations of Banking
3 Pillar
• Agent of Development
PA R T N E R S H I P
• Institutional Endurance
CARE • Services
SERVICE
2 Foundations of Banking
TRUSTWORTHY • Good Corporate Governance
• Risk Management
Company
Brief History
PT Bank Pembangunan Daerah Jawa Timur Tbk (“Bank”) was established under the name PT Bank Pembangunan Daerah
Djawa Timur on August 17, 1961 in Surabaya with the legal basis of establishment based on deeds drawn up by Notary Anwar
Mahajudin, No.91 dated August 17, 1961, which equipped with an operational basis for the Decree of the Minister of Finance
No. BUM. 9-4-5 dated August 15, 1961.
With the existence of Law no. 13 of 1962 concerning the Basic Provisions for Regional Development Banks, which require
that Regional Development Banks be established by a Regional Government Regulation, the East Java Regional Government
issued Regional Regulation No. 2 of 1976 dated July 10, 1976. Based on the regional regulation, the status of the Regional
Development Bank from a Limited Liability Company was changed to a Regional Owned Enterprise and the change in the name of
PT Bank Pembangunan Daerah Djawa Timur was changed to Bank Pembangunan Daerah Jawa Timur.
78 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Operationally and in line with its development, in 1990 the This change in status of legal form was based on the
East Java Regional Development Bank upgraded its status notarial deed No.1 dated May 1, 1999 of R. Sonny Hidayat
from a commercial Bank to a Foreign Exchange Commercial Julistyo, S.H., which has been approved by the Minister
Bank, this was stipulated by the Decree of the Board of of Justice of the Republic of Indonesia in Decision Letter
Directors of Bank Indonesia No. 23/28/KEP/DIR dated No.C2.8227. HT.01.01. TH.99 dated May 5, 1999 and was
August 2, 1990. published in the State Gazette of the Republic of Indonesia
No.42, dated May 25, 1999 in Supplement of the Republic of
To strengthen capital, on December 29, 1994, East Java Indonesia No.3008/1999,thenlaterofficiallybecame PT Bank
Provincial Regulation No. 26/1994 was enacted concerning Pembangunan Daerah Jawa Timur.
the First Amendment to East Java Provincial Regulation
No. 9/1992 concerning the East Java Regional Development The Sharia Operating Unit started its commercial operations
Bank, by changing the capital structure/ ownership. on August 21, 2007 in accordance with the approval letter
from Bank Indonesia No. 9/75/ DS/Sb dated April 4, 2007
Based on Article 2 of the Minister of Home Affairs Regulation for the establishment of the Bank’s Sharia Unit.
No. 1 of 1998 concerning the Form of a Regional Development
Bank Legal Entity, then on March 20, 1999 the Regional In line with the economic growth and to comply with the
Representative Council (DPRD) of the Province of the requirement to be Regional Champion BPD, with one of the
East Java Province ratified the Regional Regulation of the indicators is to strengthen the capital structure, an amendment
Province of East Java No. 1 of 1999 concerning Changes of Article of Associations was taken based on Extraordinary
in the Legal Entity of the East Java Regional Development General Meetings of Shareholders Decision Deeds No.89
Bank from a Regional Company (PD) to a Limited Liability dated April 25, 2012 of Fathiah Helmi, S.H., Notary in Jakarta
Company (PT) of the East Java Regional Development Bank and granted approval from Ministry of Law and Human Rights
which on August 19, 2016 has been amended according to based on decree No.AHU-22728. AH.01.02. Tahun 2012 dated
theRegionalRegulationoftheProvince of East Java No. 7 of April 30, 2012, registered on the Company list according to
2016 concerning Amendments to the Regional Regulation of Limited Company Law with registration No.AHU0038044.
the Province of East Java Province No. 1 of 1999 concerning AH.01.09 Tahun 2012 dated April 30, 2012, as well as by
the Change in the Legal Entity of the East Java Regional Decision Letter of the Capital Market and Financial Institutions
Development Bank from a Regional Company to a Limited Supervisory Agency (BAPEPAMLK) dated November 29,
Liability Company at the East Java Regional Development 2012 that declared effective registration statement to
Bank. become a public company and changed its name to PT Bank
Pembangunan Daerah Jawa Timur Tbk.
Bank Jatim has undertaken several amendments to its Articles of Association, most recently through the Deed of the General
Meeting of Shareholders No. 48 dated May 22, 2025, drawn up before Sitaresmi Puspadewi Subianto, SH., M.Kn., a Notary
in Surabaya, concerning amendments to Articles 15, 16, 17, 18, 20, and 21. This amendment deed has been approved by the Minister
of Law and Human Rights of the Republic Indonesia under Decree No. AHU-0140612.AH.01.11 of 2025 dated June 24, 2025.
DESCRIPTION OF NAME CHANGE
Following a brief history description, PT Bank Jatim has changed its name 3 (three) times since it was first established,
from the name PT Bank Pembangunan Daerah Jawa Timur to Bank Pembangunan Daerah Jawa Timur in 1976 based on
Regional Regulation no. 2 of 1976 dated July 10, 1976. Then it changed to PT Bank Pembangunan Daerah Jawa Timur
based on the Decree of the Minister of Justice of the Republic of Indonesia Number C2- 8827.HT.01.01. Th.99 dated
May 5, 1999, and the State Gazette of the Republic of Indonesia dated May 25, 1999 Number 42, Supplement to the
State Gazette of the Republic of Indonesia Number 3008/1999. Finally changed to PT Bank Pembangunan Daerah
Jawa Timur Tbk according to the Letter of the Minister of Law and Human Rights of the Republic of Indonesia Number
AHUAH.01.10-31887 dated August 31, 2012, and became a Public Company by listing 20% shares on the Indonesia Stock
Exchange with the Ticker Code or BJTM Stock Code.
PT Bank Pembangunan Daerah Jawa Timur Tbk 79
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Company
03 Profile
Vision, Mission, and
Corporate Culture
Vision
To Become
BPD
No. 1 in Indonesia
Vision
Explanation
The Bank in carrying out its business activities is focused on increasing the acceleration of performance growth and the
Bank continues to transform so that it remains relevant in its efforts to grow above the average banking industry. In an
effort to accelerate performance growth, it is supported by Human Resources (Human Capital), which is one of the Bank’s
strategic resources to be continuously nurtured and developed so that it has the capacity and capability to produce superior
performance in competition, especially against Regional Development Banks.
80 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Mission • Accelerating performance and driving sound business
transformation towards becoming a digital bank,
supported by highly competitive human capital;
• Contributing to the economic growth of East Java;
• Implementing sustainable finance principles.
Mission Explanation
The Bank in carrying out its business activities is focused on increasing the acceleration
of performance growth and the Bank continues to transform so that it remains relevant
in its efforts to grow above the average banking industry. In an effort to accelerate
performance growth, it is supported by Human Resources (Human Capital), which is one
of the Bank’s strategic resources to be continuously nurtured and developed so that it has
the capacity and capability to produce superior performance in competition, especially
against Regional Development Banks.
The Bank continues to innovate more diverse digital banking products and services so
that the products are easily accessible and can meet the expectations of the community,
especially in the East Java region.
In order to contribute to the economic growth of East Java, the Bank has a duty to continue
to strive to participate in developing MSMEs and contribute to strategic government
projects as well as economic activities in the context of regional development.
In applying the principles of sustainable finance, the Bank in carrying out its business
activities seeks to implement financial practices that are more environmentally friendly
and prioritize financial transactions for environmentally friendly business projects.
Sustainable finance is defined as the overall support of the financial services industry
for sustainable growth resulting from the harmony between economic, social and
environmental interests.
Review of The Vision and Mission by The Board
of Commissioners
Reviu Visi dan Misi and
olehThe Board
Dewan of Directors
Komisaris dan Direksi
In order to ensure the continued relevance of Bank Jatim’s Vision and Mission, the Bank conducts
periodic reviews of these statements. The Vision and Mission were reviewed by the Board of
Commissioners and the Board of Directors during the final presentation of the Corporate Plan 2024–
2028 , and were deemed to remain relevant under current conditions. The Vision and Mission of Bank
Jatim are also discussed by the Board of Commissioners and the Board of Directors during joint
meetings held as part of the Bank’s performance review process.
PT Bank Pembangunan Daerah Jawa Timur Tbk 81
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Company
03 Profile
Corporate Culture
EXCELLENCE
Always provide and present everything exceeded expectations. In the other words, constantly develop
and make improvements in all areas to achieve optimum added value, and the best results continuously. Key behaviors:
Fast & Simplicity Agile & Business Savvy
Always be responsive over the dynamics of change by meeting Working fast, nimble, agile, responsive and proactive in
customer needs, and presenting customer friendly products capturing business opportunities, which is conducted by all
and services, behavior guidelines: employees with continuous improvement, behavior guidelines:
• Always consistently take initiatives to offer and provide the • Always seek and seize opportunities to contribute added
best quick, precise, and easy solution. value to the company growth continuously.
• Always provide products and services which are accurate, • Always work diligently in performing the tasks and
safe, convenient, value added, and meet the standard that proactive in capturing the opportunities exist.
exceed customer expectations. • Always keep focused and be discipline in executing the
• Always simplify the existing problems to provide the best priority tasks.
solution, quickly and precisely to the customer. • Evaluating and monitoring both to the work process and
the results of performance on a regular basis, to be able to
identify opportunities for improvement.
• Always be patriotic, have a winning mentality and the
courage to make a breakthrough.
• Have a flexible spirit which is appropriate to business
environment and customer needs.
PROFESSIONAL
Performing and mastering duties and responsibilities, and commit to achieve optimal results, key behaviors:
Execution & Risk Taker Proactive & Accountability
Carry out management decisions with the courage to take Taking the initiative to carry out alternatives based on the
the necessary risks, behaviors guidelines: principles and values, openly and responsibly, behaviors
• Accomplish the tasks completely, accurately and on time. guidelines:
• Work smart, which is efficient and effective, by optimally • Set a high standard as a benchmark of the performance,
utilizing resources to achieve maximum results. and to achieve the performance standard with best effort
• Manage work systematically through the process of and full responsibility.
planning, organizing, evaluating, and continuously • Always maintain a high working passion and spirit.
monitoring as well. • Foster a sense of belonging and be responsible for every
• In an effort to provide the best results, have the courage to action and decision made.
take necessary risks carefully, so as not to put the company • Be responsible to contribute in the achievement of the
interests aside. vision and mission of the Bank Jatim.
• Have self-confidence over the opportunities and results.
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INTEGRITY
To be consistent in thought and behavior, be honest to themselves and others based on ethical values, key behaviors:
Honesty Trust
Uphold honesty, sincerity, openness with regard to the Mutual respect and open attitude among fellow members of the
principles of prudence, behaviors guidelines: company based on confidence, honesty and good faith in the
• Always speak and act on the truth, according to the fact execution of the work, behaviors guidelines:
and reality. • Treat co-workers, customers and all stakeholders with
• Act honest, sincere, open, humble, simple, ethical, keep respect and courtesy.
promises and commitments made, and to act appropriately • Keep an empathetic communication between coworkers
in the right situation. so as to create mutual understanding in interpersonal
• Maintain a sincere intention and full compliance, act solely relationships.
for the best interests of the Bank Jatim unconditionally, • Create and maintain a conducive and comfortable climate
and without any ulterior motives. of working environment.
• Maintain transparency in every action and decisionmaking, • Carry out the mandate given with full commitment and
by providing relevant information correctly and accurately, responsibility to build a sustainable trust, and put any
while upholding the principles of privacy and confidentiality. corporate interests above personal or group interests.
• Have the courage to recognize the limitations and mistakes, • Establishing cooperation between individuals and between
and be willing to make improvements. work units to jointly strive to achieve organizational goals.
• Be a role model in all circumstances, to serve, to accept • Provide assistance and positive support for fellow
criticism, and be willing to listen more. coworkers, and contributes actively to achieve shared
• Comply with the rules, policies and procedures, and goals.
prevailing regulation wisely and responsibly. • Respect the differences between employees, and make the
• Make wise decisions in various situations by sticking to the differences as a starting point to create synergy.
applied rules and policies.
• Uphold the principles and stance which is believed to be
right, and not easy to change, even under pressure or
difficult situations.
• Work with dedication, protect the honor and interests
of personal and the company, and always uphold the
professional code of ethics.
• Avoid opportunities that enables the conflict of interest.
• Be a role model and benchmark for others by consistently
doing what the talked.
• Use company property in a responsible manner.
• Make decisions objectively and free from pressure or
influence from any party.
• Have the courage to put forward suggestions, opinions and
criticism objectively and openly.
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SYNERGY
Mutually beneficial cooperation undertaken with a commitment to increase the added value for both parties, key behaviors:
Respect Collaboration
Implement mutual appreciation, respect and guide sincerely to Together create added value to create growth and development
uphold the values of decency, behaviors guidelines: of the company, behaviors guidelines:
• Implement mutual appreciation, respect and guide • Be positive result oriented.
sincerely to uphold the values of decency, behaviors • Work together to achieve the shared goals and or
guidelines. agreements.
• Always be positive think to others. • Very like to discuss and maintain effectiveness.
• Respect and uphold honor of others. • Have a high sense of belonging.
• Avoid self-destructive Behavior. • Appreciate, give recognition, and have a high standard of
• Appreciate the uniqueness of themselves, develop and work ethic.
overcome weaknesses.
INNOVATION
Creativity or the ability to produce something new and make something already become better continuously according
to customer needs, key behaviors:
Eager to Learn Creativity
The behavior of employees which constantly improve their Always create something new and develop ideas to achieve
knowledge that enable the company to grow in a sustainable better results, behaviors guidelines:
manner, behavior guidelines: • Be Innovative in creating opportunities to achieve beyond
• Have a high curiosity, optimistic, sincere, consistent and expectations performance.
visionary. • Be creative, innovative, proactive and responsive in
• Perform continuous improvement. providing the best solution.
• Always be sensitive to customer needs, and proactively • Always focus on providing services with specific added
identify. value as customer needs.
• Constantly develop competency levels in order to meet the • Always be innovative and oriented to provide solutions
development and progress of the profession demands. which meet customer needs.
• Have a good work ethic to become a true learner. • Be empathetic to customer complaints and problems, and
• Have entushiasm to keep learning as a part of life, and carry responsive to provide the best solution for each complaint.
out the process of changing Behaviour to be better. • Have a strong stance and be intuitive.
• Like to meet new people, discuss, reflect, and make • Be flexible, elaborative, imaginative, initiative, and
changes. selfconfident.
• Have broad interests and never get bored.
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Business
Activities
Business Activities
According to the Articles of Association
Bank Jatim conducts its business activities in the banking sector in
accordance with Article 3 paragraph (1) of its Articles of Association,
as stipulated in the Deed of the General Meeting of Shareholders
No.48 dated May 22, 2025, drawn up before Sitaresmi Puspadewi
Subianto, SH., M.Kn.,a Notary in Surabaya, concerning amendments
to Articles 15, 16, 17, 18, 20, and 21. This amendment deed has been
approved by the Minister of Law and Human Rights of the Republic
of Indonesia under Decree No. AHU-0140612.AH.01.11 of 2025 dated
June 24, 2025. The purpose and objective of the Bank are to conduct
business activities in the financial services sector, particularly
banking, in accordance with the prevailing laws and regulations.
Primary Business Activities Supporting Business Activities
To achieve the goals and objectives of Bank Jatim, the Company To complement primary business activities, Bank Jatim also
carries out its main activities as follows: carries out the following supporting business activities:
a. Collect funds from the community in the form of deposits, a. Purchase part of or all the collateral, either through
such as current accounts, time deposits, certificates an auction or outside of an auction based on voluntary
of deposits, savings, and/or other similar forms, both handover by the collateral owner or based on the authority
conventionally and based on sharia principles; to sell outside of the auction from the collateral owner in
b. Distribute funds in the form of loan or financing based on which the debtor does not fulfill their obligations to the
the sharia principles; company, with a condition that the purchased collateral
c. Carry out activities in field of the payment system; have to be immediately disbursed;
d. Invest funds in other banks, borrow funds from, or b. Perform capital investments activities in financial services
lend funds to other banks, either with a letter, means institutions or other companies that support the banking
of telecommunication, money order, check, or other industry by fulfilling the provisions set by the Financial
instruments; Services Authority;
e. Issue and/or carry out Securities transactions for the c. Perform temporary capital investments activities
benefit of the Bank and/or Customer; outside financial services institutions to overcome the
f. Provide a safe place to store goods and securities; consequences due to loan failures or financing failures,
g. Carry out business activities in the form of foreign based on sharia principles, with the provision of withdrawing
exchange; the investments;
h. Carry out receivable transfer activities; d. Collaborate with Financial Services Institutions and Non-
i. Carry out goods and securities safekeeping activities; Financial Institutions in providing financial services to
j. Carry out other with approval from the Financial Services Customers;
Authority; e. Act as the founder of pension funds and manager of
k. Provide financing and/or carry out other activities including pension funds in accordance with the applicable pension
those based on the sharia principles in accordance with the fund regulations.
applicable provisions;
l. Commence other banking business in accordance with
the prevailing laws and regulations, both in domestic and
overseas.
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On-Going Business Activities
All business activities have been carried out by the Bank in accordance with the Articles of Association.
Products and Services
Bank Jatim’s business activities include various savings products, loan products, and various conventional and sharia services
which are described as follows:
Deposit Products
Rupiah Current Account Siklus Savings
Giro or current account is a deposit that can be withdrawn at With this savings product, Bank Jatim contributes to the
any time by using check/ transfer form and other payment development of saving tradition as a means to manifest a
order facilities, or by way of transfer. Bank Jatim’s current prosperous family. This product is suitable for customers who
account is online at all of its branches so that withdrawals do not want prizes but expect competitive interest. Micro and
and deposits can be made at all branches while Bank Jatim’s Small Enterprise Siklus Savings.
check/transfer form in Rupiah can be cleared anywhere
(Intercity Clearing). Micro and Small Enterprise Siklus Savings (SiUMI)
To foster the productive economic sector, specifically through
Foreign Currency Current Account the Micro, Small & Medium Enterprises, Bank Jatim launches
the SiUMI (Micro and Small Enterprise Siklus Savings) Program
Current accounts are deposits which can be withdrawn at any consisting of SiUMI Savings and SiUMI Loans
time by using a check/ bilyet giro, other means of payment
orders or by book-entry. Bank Jatim current accounts are online Fishermen Siklus Savings (SINYAL)
at all Bank Jatim branches, so withdrawals and deposits can be In line with the vision of the Central Government to actuate
made at all Bank Jatim branches and Bank Jatim checks/bilyet Indonesia as the World Maritime Axis, the Ministry of Maritime
giro can be cleared anywhere (Intercity Clearing) with foreign Affairs & Fisheries, in collaboration with the Financial Services
currency (USD). Authority (OJK), launched the JARING (Reach, Synergy,
and Guideline) program which is expected to give positive
Rupiah Deposits contribution to the maritime sector. In accordance with the
role of Bank Jatim in supporting the government programs,
Deposits, or often referred to as time deposits, are a bank’s it is necessary to develop and improve existing products to
product similar to savings services commonly offered to the manifest a specific savings for those in the maritime sectors,
public. Funds in deposits are guaranteed by the government especially fishermen.
through the Indonesia Deposit Insurance Corporation (IDIC)
under certain terms and conditions. Siklus Prioritas Savings
Siklus Prioritas Savings is aimed at Jatim Prioritas customers
Foreign Currency Deposits or customers who have a minimum fund of IDR250 million
with relatively high interest rates. Various convenience and
Foreign currency deposits only accept funds in foreign exclusive banking facilities are provided for the holders of
currencies, such as USD, in accordance with banking Jatim Prioritas debit card, including health services, discounts
regulations. The interest rates offered in foreign currency at various merchants, exclusive event invitations, and so on.
deposits are generally lower than the rates of Rupiah deposits.
Foreign Currency Siklus
Simpeda Savings One of the strategies pursued by Bank Jatim is to create a
Foreign Currency Siklus Savings product with the applicable
Simpeda is a Regional Development Deposit product that foreign currencies (USD and SGD). This program is expected
has been online in all Bank Jatim’s branches. This product to increase the growth of third-party funds’ customers and/or
implements a daily-calculated interest rate which provides a lot outstanding third-party funds in general.
of convenience and benefits at such a low cost. The total prize
of IDR12.65 billion per year is drawn three times a year, twice
for the national level and once for the regional level.
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Plus Interest Siklus Simpanan Pelajar (SIMPEL)
It is a savings marketing program that offers customers direct
benefits in the form of goods (non-lottery based), while still This is a special savings for students from the level of
allowing them to earn savings interest at the end of the lock- elementary school to senior high school under the name of
up period. By placing funds at a specified amount, customers Student Savings/ Simpanan Pelajar (SIMPEL). With a low
can immediately select their preferred items without a lottery initial and affordable follow-up deposits, SIMPEL is packaged
mechanism. The placement period (lock-up/holding period) to provide financial education and inclusion to encourage the
ranges from 1 to 60 months, depending on the customer’s saving culture from early age. SiMPEL is a savings product
preference. for students jointly issued by Indonesian banks with easy and
simple requirements, and equipped with attractive features, to
Hajj Savings encourage saving culture from early age.
Bank Jatim’s Hajj Savings is a savings product in the form of Simpanan Laku Pandai (SIPANDAI)
deposit which aims to specifically help alleviate the Muslim
community, especially those wishing to take the Hajj pilgrimage Simpanan Laku Pandai is Bank Jatim’s savings product
to the Holy Land of Mecca to perform the fifth pillar of Islam. that allows the customers to conduct financial transactions
without having to go to the Bank, and simply through the
TabunganKu SiPandai Bank Jatim agent. Therefore, it is easier for people
to connect with the Bank to obtain Financial Services.
TabunganKu is a savings product for individuals with easy and
simple requirements, which are jointly issued by Indonesian Siklus Pension Savings
banks to foster the culture of saving and improve public
welfare. This product is not subjected to administrative fees. This is a savings product in the Rupiah currency aimed at
customers of the pensioner segment and used as a means of
Deposit On Call receiving pension payment from pension fund disbursement
companies (PT Taspen, PT Asabri, Pension Fund Companies,
On-Call Deposits is a deposit of a certain nominal to the and other Pension Fund institutions partnering with Bank
Bank carried out in accordance with the applicable provisions, Jatim). This product can be opened at all Bank Jatim’s office
with a period of less than 1 (one) month. network, i.e. branch offices, subbranch offices, service offices,
and functional Office.
Consumer Loans Products
1. Sub Consumer
Multiguna (Multipurpose) Loan
Consumptive sector loan facilities provided to members of the public who had a fixed income and other income, which could
be used for all purposes as long as they did not conflict with applicable laws and regulations. The Bank provided Multipurpose
loan facilities for the Board of Commissioners, Directors and Committee Members of Bank Jatim with procedures according to
regulatory provisions and interest rates above the cost of funds (COF). The features of multipurpose loan products include:
a. Multiguna Loan – Employee
b. Multiguna Loan – Pre-Retirement Employees
c. Multiguna Loan – Pre-Retirement THT Beneficiaries
d. Multiguna Loan – Pensioners
e. Multiguna Loan – Contract Employees, Government Employees with Work Agreements (PPPK), Honorary Staff,
and Village Officials
f. Multiguna Loan – Pensioner Widows/Widowers
g. Multiguna Loan – Education
h. Multiguna Loan – Professional Allowance/Performance Allowance/ Remuneration
i. Multiguna Loan – Members of the Board of Commissioners, Board of Directors, and Committees of Bank Jatim
j. Multiguna Loan – Retired Employees of Bank Jatim
Indonesia Credit Card (KKI)
Indonesia Credit Card serves as a payment instrument for regional government work units to facilitate regional expenditure
transactions.
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Employee Loan & Personal Loan Subsidized Home Ownership Loan (KPRS)
Car Allowance Program A home ownership loan facility under the program of
1. Employee Loan the Ministry of Public Works and Public Housing of the
Loan facilities provided to Bank employees for all Republic of Indonesia, provided to low-income individuals
purposes as long as they did not conflict with laws and who meet the eligibility criteria for the purchase of landed
regulations. subsidized housing or low-cost apartment units.
2. Personal Loan Car Allowance Program (CAP)
Loan facilities that were used to procure official Auction Mortgage Loan (KPR LELANG)
vehicles for Bank employees with certain positions, and Milia Mortgage Loan (KPR MILIA)
were provided in accordance with the provisions of the 1. KPR Lelang
Bank’s Car Allowance Program. A mortgage loan facility provided to finance collateral
that has entered the auction process at Bank Jatim.
Motor Vehicle Loan 2. KPR MILIA (Milinial Anak Muda)
Motor Vehicle Credit (KKB) is a loan facility provided A mortage loan facility provided to Young Entrepreneurs
to prospective borrowers or debtors, either directly or aged 21-30 years.
indirectly, for the purchase/ownership of new or used
motorized vehicles used either for consumptive purposes Property-Backed Consumer Loan (KKBP)
or to support business operations or refinancing. A financing facility from Bank Jatim that can be used for
various consumer needs, including building or renovating
Cash Collateral Credit property, purchasing vehicles, education expenses, Hajj or
Cash Collateral Credit (CCC) is a loan that is guaranteed Umrah pilgrimage, and other necessities.
by cash collateral in the form of Bank Deposits/Current
Accounts/ Savings.
Corporate Credit and Syndication
Gold Guarantee Loan
Gold Guarantee Loan is a loan that is guaranteed with Transactional Pattern Contractor Loan
cash collateral in the form of gold bullion, gold jewelry,
gold coins and gold coins or in other forms that can be Kredit Modal Kerja Kontraktor pola transaksional adalah
used as collateral. fasilitas kredit modal kerja kepada Kontraktor untuk
menyelesaikan suatu pekerjaan berdasarkan Kontrak Kerja
dengan plafon tertentu yang pelunasan kreditnya bersumber
2. Sub Property dari pembayaran termyn Proyek yang bersangkutan.
Properti Loan Standby Loan Contractor Loans
The loan facility was provided to prospective borrowers
or debtors for the purchase or ownership of property, The Contractor’s Working Capital Loan with the Standby
including propertybacked consumer loans (Planted Loan pattern was a working capital loan facility for a
Houses/ Flats/ Apartments/Shop Houses/Office Houses) Contractor to complete a job based on a Work Contract
for both new and used purchases from developers or non- with a certain ceiling which could be disbursed revolving
developers. Property loan Facilities include: per project or work contract, and the repayment of the loan
a. Purchase or ownership of property. was sourced from the payment of the relevant Project term.
b. Renovation or construction of property on own land.
c. For other consumption, it is a cash loan facility for Installment General Working Capital Loan
other consumptive needs such as purchasing a vehicle,
educational expenses, and others. Working Capital Loan Installment loan facility provided for
d, Take Over, Take Over plus Top Up. working capital purposes where the disbursement can be done
e. Purchase or ownership of Bank auction property, a simultaneously and is non revolving in which the payment is
loan facility for the purchase or ownership of property made in installments.
auction results at the Bank.
f. Purchase or ownership of family property, a loan Current Account Working Capital Loan
facility that accommodated the purchase or ownership
of property dedicated to your beloved family. Current account working capital loan is a working capital
financing facility given to the customers to fulfill the lack
of their working capital, which expires within a maximum
period of 1 year.
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Investment Loan Micro Credit/Loan
Investment loan is a medium/long-term loan given to customers Jatim Micro Loans
for purchasing capital goods and service for the purposes
of rehabilitation and establishment of new businesses. The A working capital and/or investment loan in the productive
settlement of loans shall be sourced from the yields of business sector provided for business development to micro and small
using the financed capital goods. entrepreneurs, featuring several loan types, including:
• Jatim Micro Installment Working Capital & Investment Loan
Property Construction Loan • Jatim Micro Overdraft Loan
• Jatim Micro Sugar Delivery Order Loan
Property Construction loan is a working capital loan facility • Jatim Micro Village-Owned Enterprises Loa
provided by the Bank to the customers, specifically Developers • Jatim Micro Business Loan
who are in the process or will undergo a job on property projects.
Micro Business Loan (KUR)
Syndication Loan
A working capital and/or investment loan provided to individual
Syndication Loan is a loan given to the debtors by 2 (two) or debtors, business entities, and/or productive and feasible
more Banks/NonBank financial institutions, with the same business groups that lack sufficient additional collateral. The
terms or conditions for all Syndication participants, which program aims to improve MSME financing access with loan
is agreed within a documentation and administrated by an limits up to IDR 500 million, including the following types of
institution called an agent. KUR:
• KUR Super Micro
Loan to Regional Public Service Agencies • KUR Micro
(Badan Layanan Umum Daerah – BLUD) • KUR Small
• KUR Special
This is a loan facility given to Regional Work Units or each • KUR Placement of Indonesian Migrant Workers (PMI)
Work Unit within the Regional Work Units in the Regional
Government aimed to provide services to the community Fintech Linkage Loan
in the form of goods and/or services which are sold without
prioritizing profit and instead based on the principles of A working capital loan provided to individual debtors
efficiency and productivity. and/or business entities for all types of productive businesses
deemed feasible based on sound banking and credit principles
Receivable Financing Loan through Fintech companies registered and licensed by the
OJK.
Receivable Financing loan is a type of loan facility given to the
holders of receivables/ bills whose returns are clear and can Revolving Fund Loans (DAGULIR)
be confirmed. The receivable financing loan facility aims to
provide assistance for the customers/prospective customers A non-permanent investment allocated by the East Java
who are in need of working capital as their receivables/bills Provincial Government through an Implementing Bank, aimed
cannot be billed/disbursed yet at that time. The advantage of at strengthening business capital for East Java residents,
this loan is in its quick process. including individuals, business groups, and business entities,
including cooperatives, domiciled in East Java.
Regional Government Loan
Warehouse Receipt Subsidy Scheme (S-SRG)
This loan facility is provided for the Regional Government within
and outside the East Java Region in the form of investment A loan provided to farmers, cooperatives, and individual/
loans. The loans can be used to finance the development of business entity entrepreneurs who own commodities, using
facilities and infrastructure as the Regional assets that can warehouse receipts as collateral.
generate revenues for the repayment of loans, as well as to
provide benefits for community services and/or working capital
loan to cover the lack of Regional Cash Flow in the same year
budget, with certain limit that can be disbursed in accordance
with the regional financing needs. The advantage of this loan
is that it can significantly accelerate the development in the
region.
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Retail Loan Treasury Products
Jatim Retail Loan Telegraphic Transfer
One of the Bank’s productive credit schemes designed Telegraphic Transfer is a foreign exchange transaction
to support the working capital needs of business actors, involving the buying or selling of foreign currencies in the form
particularly MSME debtors, with credit limit ranging from above of non-cash foreign exchange (general foreign exchange).
IDR 500 million up to IDR 25 billion. Bank Jatim provides Telegraphic Transfer services for various
foreign currencies, including USD, GBP, SGD, JPY, HKD, EUR,
Linkage BPR Loan CNY and AUD. The types of Telegraphic Transfer transaction
instruments offered by Bank Jatim include:
A credit facility extended by the Bank to Bank Perekonomian
Rakyat (BPR) that are members of Perhimpunan Bank FX Today (Foreign Exchange Today)
Perekonomian Rakyat Milik Daerah (Perbamida) and FX Today is a foreign exchange transaction involving the buying
Perhimpunan Bank Perekonomian Rakyat Indonesia or selling of foreign currencies, with settlement conducted on
(Perbarindo), to be on-lent to end users. the same day as the transaction date.
BPR RC Loan (Current Account) FX TOM (Foreign Exchange Tomorrow)
FX Tom is a foreign exchange transaction involving the buying
A working capital credit facility provided to Bank Perekonomian or selling of foreign currencies, with settlement conducted on
Rakyat (BPR) with a conditional drawdown mechanism to the next working day (T+1) following the transaction date.
support the liquidity needs of BPRs.
FX SPOT (Foreign Exchange Spot)
Cooperative Member Loan (KKPA) FX Spot is a foreign exchange transaction involving the buying
or selling of foreign currencies, with settlement conducted two
Cooperative Member Loan (KKPA) is a working capital credit (2) working days after the transaction date.
facility provided by the Bank to cooperatives, both primary
and secondary cooperatives, for onward distribution to their FX FORWARD (Foreign Exchange Forward)
members. FX Forward is a foreign exchange transaction involving the
buying or selling of foreign currencies, with settlement
Cooperative Loan (KKOP) conducted more than two (2) working days after the transaction
date.
Cooperative Loan (KKOP) is a working capital and/or
investment credit facility extended by the Bank to cooperatives, Bank Notes
both primary and secondary cooperatives, to support the
operational and development needs of the cooperative as an Bank Notes is a sale and purchase transaction on foreign
institution. currency in the form of paper money or cash. The foreign
currencies served by the Bank are:
• USD • HKD
• GBP • CNY
• EUR • SAR
• SGD • AUD
• JPY • MYR
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Trade Finance Product
Export Import
Bank Jatim provides services that enhance customer Bank Jatim provides services that enhance customer
confidence and convenience in conducting export activities confidence and convenience in conducting import activities
through its Trade Finance products, as well as offering post- through its Trade Finance products.
shipment financing facilities with competitive interest rates
and foreign exchange rates. Bank to Customer Transaction Import
1. Letter of Credit Issuing
Bank to Customer Transaction Ekspor A service provided by Bank Jatim to customers acting
1. Outward Documentary Collection as buyers/importers for the issuance of an irrevocable
A service provided by Bank Jatim to sellers/exporters undertaking to pay, subject to the presentation of compliant
to send documents and collect payments from buyers/ documents. The issuance of a Letter of Credit enhances
importers for goods and/or services that have been the confidence of trading partners in conducting import
delivered, through the buyer’s/importer’s bank. There are transactions with Bank Jatim customers.
two types of Documentary Collection: 2. Shipping Guarantee
a. D/A (Document Against Acceptance): A Documentary A service provided by Bank Jatim to customers acting as
Collection where payment is made at maturity, as buyers/importers who utilize import LC services, for the
stated in the buyer’s (drawee’s) acceptance. issuance of a guarantee that enables the release of goods
b. D/P: Documentary Collection where payment is made from the shipping company prior to the arrival of the
upon receipt of the collection documents by the buyer/ original Bill of Lading or shipping documents.
importer. 3. Assistance and Advisory service provided to customers
2. Letter of Credit (LC) Advising in relation to international trade transactions, ensuring
A service for advising and handling Letters of Credit (an that such transactions are conducted securely for both the
irrevocable undertaking by the issuing bank to honor customer and Bank Jatim.
payment upon presentation of compliant documents) for
customers acting as sellers/exporters. There are two types Bank to Bank Transaction Impor
of payment tenors, namely at sight and usance. 1. UPAS Financing
3. Transferable Letter of Credit Transaction service for the purchase of imported debt
A service to facilitate the transfer of a Transferable by PT Bank Pembangunan Daerah Jawa Timur Tbk, namely
Letter of Credit at the request of Bank Jatim’s customer the Bank Jatim acts as Funding Bank for the Usance
(seller/exporter/beneficiary) to another seller/exporter/ Payable at Sight transactions.
beneficiary through a Second Advising Bank.
4. Takeover of Export Notes (Discount) Domestic Letter of Credit (SKBDN)
A service provided by Bank Jatim to sellers/exporters/
beneficiaries to obtain advance funding based on the A service provided by Bank Jatim to facilitate domestic trade
presentation of compliant documents under a Letter of of goods and/or services for customers through the issuance
Credit transaction. and/or advising of a written undertaking to pay on behalf of
5. Assistance and Advisory services provided to customers the Bank’s customers. SKBDN is commonly referred to as a
in relation to international trade transactions, ensuring domestic Letter of Credit.
that such transactions are conducted securely for both the
customer and Bank Jatim.
Bank to Bank Transaction Ekspor
1. Forfaiting
It is export receivable sales transaction services between
Bank Jatim and other banks.
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Business Services
Bank Reference Jconnect Invest
Bank Reference is a statement issued by Bank Jatim which JConnect Invest was a mobile-based online securities
explains that the undersigned person/company is truthfully investment platform that could be downloaded on the Playstore
a customer of Bank Jatim. Bank References can be used by and Appstore and integrated with distribution partners and
customers to participate in certain project auctions. the Ministry of Finance. The JConnect Invest application was
registered with the Financial Services Authority and provided
National Clearing Retail Government Securities (SBN) investment products with
offers on the primary market. Products that can be ordered
National Clearing is the credit funds transfer between Banks through the Jconnect Invest application include:
through clearing without the obligation to make physical paper 1. ORI (Obligasi Ritel Indonesia)
(Paperless) exchanges. The transfer can be done within all One of the Government Securities (SBN) instruments
regions of Indonesia. offered to individuals or Indonesian Citizens through
Distribution Partners in the Primary Market with a
Real Time Gross Settlement (RTGS) predetermined minimum volume.
2. SBR (Saving Bond Ritel)
RTGS-based fund transfer system enables the Bank to carry A type of Government Bond (SUN) or SBN specifically
out various electronic transactions of fund payments/transfer offered to individuals or individuals whose nature is similar
instantly/online with an integrated settlement of transaction. to savings or bank deposits, because they cannot be traded
back on the secondary market.
Inkaso Rupiah 3. SR (Sukuk Ritel)
Sharia investment products offered by the Government to
Is the delivery of scripts (Cheques, Billet, Giro, Wesel) to individual Indonesian Citizens, as a safe, easy, affordable
Banks interested in getting payments because they cannot and profitable investment option.
be settled through clearing facilities (Banks are interested 4. ST (Sukuk Tabungan)
outside the clearing area) using Rupiah currency. Sharia investment products issued by the Government to
individual Indonesian citizens that are safe, easy, affordable,
Inkaso Valas profitable, and shariacompliant which are similar in nature
to savings or bank deposits, because they cannot be resold
Is the delivery of scripts (Cheques, Billet, Giro, Wesel) to on the secondary market.
Banks interested in getting payments because they cannot
be settled through clearing facilities (Banks are interested Western Union
outside the clearing area) using forex currency (USD).
A money transfer service for sending and receiving funds
Giralization quickly (real-time online), both domestically and internationally.
Giralization is a payment made by the customers that is Remittance Transactions
carried out automatically by the Bank by debiting the current
account/ savings account of the relevant customers based on A service provided by Bank Jatim for sending and receiving
the debit order signed by the customers. funds in foreign currencies, both domestically and
internationally, through the SWIFT network. This service
BPD Net Online facilitates customers in conducting transactions with business
partners and family members both within Indonesia and
This is a transfer facility between BPDs throughout Indonesia abroad. Remittance services offer convenience and efficiency,
that is incorporated in ATM Bersama in Real Time. and can be accessed through Bank Jatim’s Branch Offices and
Sub-Branch Offices across East Java, Jakarta, and Batam. The
Jatim Electronic Transfer System (JETS) currencies supported for remittance transactions include AUD,
CNY, EUR, GBP, HKD, JPY, SGD, USD.
Jatim Electronic Transfer Sistem (JETS) enables all transactions
to be connected online; for example, transfers between BPRs or
to commercial banks.
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Institutional Services Sharia Financing Products
Tax Services General Financing
Tax is one of the services provided by Bank Jatim to its Investment Financing is a facility provided to finance
customers. Tax Service is related to the status of Bank Jatim investments or procurement of capital goods that are not
as an Operational Bank V (BO V) or as a Perception Bank (Tax consumables up in one business cycle Working Capital
Payment Bank). The Bank’s online service system has been Financing is a facility provided to finance and fulfill the working
authorized by the Directorate General of Central Taxes and its capital needs in order to perform the business activities and
validity is recognized. The types of tax services offered are as usually are consumables up in one production cycle, such as for
follows: the procurement of raw materials or to finance the lack of other
• Property Tax operational costs.
• Customs for Land and Building Rights
• Other Regional Taxes KPR iB Griya Barokah
• Vehicle Tax
• Value-Added Tax (VAT) Consumption financing consists of:
• Income Tax 1. Financing provided by the Bank for the ownership of
• Non-Tax Revenue Landed House, including Financing for consumption
backed by Landed House.
Bill Payment 2. Financing provided by the Bank for the ownership of
the multi-level housing/flats, including Financing for
Bill payment is one of the services provided by Bank Jatim consumption backed by the multi-level housing/flats.
to its customers. This payment service can be performed 3. Financing provided by the Bank for the ownership of
through the Bank’s Teller or through the entire e-Channel, and Shophouses or Home Offices, including Financing for
has been online throughout all Branches of the Bank. Various consumption backed by the Shophouses or Home Offices.
types of bill payments include: 4. Purchase of building materials and other supporting
• Water (PDAM) Bill Payment materials for renovation/repair of landed houses, multilevel
• Electricity (PLN) Bill Payment housing/flats, home offices or shophouses.
• Phone Bill Payment 5. Purchase of lands along with the building materials for
• Payment for Education Fees landed houses, multi-level housing/flats, home offices, or
• Internet Bill Payment shophouses (indent).
• Subscription TV Bill Payment 6. Take over from other Banks or financial services institutions
• Payment for Surabaya Container Terminal (TPS) with additions and/or without additions (Top Up).
• Multi Finance Bill Payment 7. Top up for property renovations or other consumption
• Credit Card Bill Payment needs for existing customers.
• Payment for Airline or Train Tickets
• E-Commerce Transactions Payment KPR Sejahtera
Salary Payroll House ownership financing by the support of Housing Financing
Liquidity Facility (FLPP), including KPR Sejahtera for Landed
Salary payroll is a type of services provided by Bank Jatim to its House and KPR Sejahtera for Multi-level Housing/Flats, issued
customers. The mechanism of salary payroll is by transferring by the Bank with murabahah contract.
certain amount of salary from a holding account on behalf of an
institution or a company to a salary recipient’s savings account. Multiguna Sharia
Trade Transaction Services Providing financing in the consumer sector and for other
purposes as long as it did not conflict with applicable legal
Penerimaan Pajak Ekspor/Impor (EDI System) regulations, which could be given to members of the public
The EDI System facilitates export and import document who had a fixed income and other income using murabaha and
services, including Goods Import Notification (PIB) and Goods ijarah contracts. Features of multipurpose financing products
Export Notification (PEB). Through this system, customs include:
administration is able to process customs declarations a. Multipurpose Financing - Employees
directly within the user’s computer system and transmit them b. Multipurpose Financing - Pensioners
electronically. As a result, the same data is automatically c. Multipurpose Financing - Employee Pre-Retirement
integrated into the system of the Directorate General of d. Multipurpose Financing - ENT PreRetirement
Customs and Excise without requiring a re-entry process.
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e. Multipurpose Funding - Contract Labor, First Aid, Honorary iB Barokah Land Procurement Financing
Staff and Village Devices
f. Multipurpose Financing - Widow/ Widower Pension Financing facility to purchase simple residential land whose
g. Multipurpose Financing - Education construction uses the Property Construction Financing facility
h. Multipurpose Financing - Employee Professional based on sharia principle.
Allowances/Performance Allowances/Remuneration
i. Multipurpose Financing - For the Board of Commissioners, iB Barokah Contractor Financing
Directors and Committee Members of BankJatim
j. Multipurpose Financing - Bank Jatim Retired Types and forms of financing:
a. Transactional financing is a working capital financing
Emas iB Barokah facility for the Contractor to complete a project based
on a Work Contract with a certain limit where repayment
Financing for the customers with the principle of Qardh provided of financing comes from payment of the relevant Project
by the Bank to the Customer according to an agreement, which terms based on the sharia principles.
is included with Mortgage (Marhun) as collateral for all or parts b. Line Facility is a working capital financing facility for the
of the customer’s debts (Rahin) to the Bank (Murtahin). contractor that can be disbursed on a revolving basis
per project if the customer/potential customer obtains a
Gold Ownership project based on a work contract whose source of financing
payments mainly comes from the terms of the said project.
Financing provided for the gold ownership with murabahah
principle. Financing with Investment Associated
with iB Barokah (ITIB)
Linkage Program
Placement of a number of funds sourced from the owner of the
BPRS is a financing facility given by the Bank to the BPRS bound investment funds managed by the Bank as collateral for
and/or its members by implementing the akad mudharabah financing provided to the Customer for a certain period based
principle. PKPA/PKOP is a financing facility given by the Bank on a mudharabah muqayyadah contract.
to a cooperative and/ or its members by implementing the
akad mudharabah principle. Debt Financing (Anjak Piutang) iB Barokah
Linkage Fintech Financing Transfer service for settlement of shortterm receivables or
claims from corporates / sellers (customers) to the Bank, which
A financing facility provided to customers through fintech then collects the receivables from the debtors (Corporate
companies, implemented in accordance with Sharia principles. Partners/Buyers) which can be accompanied by short-
term financing facilities to the Corporate/Seller (Customer)
Umroh iB Maqbulla designated as bailout of corporate/seller (customer) liquidity
needs in the amount of receivables based on sharia principles.
Financing provided for Multiservice Financing for Umrah
with Ijarah principle. Financing Sindication
Working Capital Financing for iB Barokah Financing provided by several banks or financial institutions
Property Construction to meet the needs of an object of financing from customers
in the form of investment and working capital, in which this
Working capital financing facilities provided by the Bank to the condition requires one of the Syndication participants to act as
customer (Developer) who are or will be working on property the Lead Manager (Imamus Syarik) in handling and managing
projects based on sharia principles. the Syndication financing.
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Employee and Personal Financing Tabunganku iB
Financing facilities provided by the Bank to the Board of Savings products with the Wadiah principle issued jointly by
Commissioners, Directors, Permanent Employees, Permanent banks in Indonesia in which customer deposits were treated
Non-Career Employees, MLE, Prospective Employees, as safekeeping and withdrawals could be made at any time. As
Committee Members, Retired Employees and the Personal for the withdrawal, it could only be made according to certain
Loan Car Allowance Program (CAP), which are used for agreed conditions, but could not be withdrawn by check,
consumptive purposes and for other purposes as long as they demand deposit slip, and/or other means equivalent to that.
do not conflict with applicable legal regulations and based on
sharia principles. Umroh iB Amanah Savings
Bank Guarantee Tabungan Umroh iB Amanah or Umroh iB Amanah Savings
is aimed at public in general who wish to carry out umrah
Guarantee service provided to the guaranteed party pilgrimage. Withdrawal can only be made under certain
(customer) which contains the Bank’s obligation to pay to the requirements and cannot be done by checks, transfer forms,
party receiving the guarantee if the customer fails to promise and/ or other instruments equivalent to such mentioned before.
based on the kafalah contract.
Sipandai iB Barokah Savings
Halal Industrial Area Financing
A savings product with the Wadi’ah principle aimed at people
Halal industrial area financing was financing in the context who don’t know, use and/or get banking services and other
of purchasing new warehouse assets or new factories for financial services, especially in East Java.
individual customers and/or MSMEs located in the Halal
Industrial Area (KIH). Student Savings
Sharia People’s Business Credit (KUR) Financing A savings product with the Wadi’ah principle aimed at students/
administrators in Islamic boarding schools whose withdrawals
A working capital financing and/or investment to individual can only be made according to certain agreed conditions,
customer/individual, business entities and/or business groups but cannot be withdrawn by check, giro, and/or other means
that are productive and viable but do not have additional equivalent to that.
collateral or additional collateral is not sufficient and is carried
out in accordance with the sharia contracts. Barokah Savings
Savings product with the principle of Mudharabah (profit
Sharia Fund Products and Services sharing) between the Bank and the Customer in accordance
with the agreed ratio, which withdrawals can be made at any
Giro iB Barokah time but cannot be withdrawn by check, demand deposit slip,
and/or other means equivalent to that.
Savings products with the Wadi’ah principle and the Mudharabah
principle, in which withdrawals could be made at any time Barokah Sejahtera Savings
by using a Check/Bilyet Giro (BG), other means of payment
orders or by way of transfer. In practice, the iB Barokah Current This is a savings program that is combined with Barokah
Account was administered by Bank Jatim Syariah in an account Savings and provides benefit in the form of goods as a reward
commonly called a Current Account. and/ or souvenir for opening iB Barokah Sejahtera Savings
account. The account holder will still obtain profit savings at
Simpel iB Savings the end of the period.
“Simpanan Pelajar (Student Savings)” or SIMPEL became
a savings product based on the Wadi’ah principle that was
exchanged for students under 17 years of age and who did
not yet have a ID card issued jointly by banks in Indonesia. It
was easy and simple account opening requirements as well as
attractive features, as an effort to educate and financial
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Savings Hajj iB Amanah Wakaf iB Barokah
Savings products with the principle of Mudharabah (profit Waqf services intended for the general public who wish to
sharing) are intended for the general public who wish to make waqf through projects that have been provided by Bank
carry out the pilgrimage where withdrawals can only be Jatim Syariah Nazhir partners. This service can be accessed
made according to certain agreed conditions, but cannot be by customers through Android and iOS applications where
withdrawn by check, giro, and/or other means equivalent to waqf payments are made through a virtual account that is
that. connected to the iB Barokah Giro account, Nazhir Bank Jatim
Syariah partner.
iB Barokah Savings Plan
Savings products with the principle of Mudharabah (profit E-Channel & Other Services
sharing) intended for the general public who wish to save
their funds in order to realize all future plans and withdrawals SMS Banking (3366)
cannot be withdrawn by check, demand deposit slip, and/or
other means equivalent to that. SMS Banking is one of the innovations of e-Channel based
products and services by Bank Jatim which enables the Bank
iB Barokah Pension Savings to provide services to its customers through mobile phones by
using both plain-text and mobile application modes.
Savings products with the Mudharabah principle (profit
sharing) are intended for retired customers in the IDR currency Jconnect Internet Banking
which are used as a means of receiving pension payments for
pension fund channeling institutions. It is an electronic channel (e-channel) service allowing
the bank to provide services to the customers through
Barokah Deposits internet media that can be accessed anytime and anywhere,
comfortably and safely because it used dynamic PIN Token
Savings products with the Mudharabah principle (profit technology (always changing for every transaction).
sharing) where withdrawals can only be made at a certain time
according to the agreement between the Depositor and the Jconnect Mobile Banking
Bank based on the mudharabah principle.
It is one of Bank Jatim’s product and service innovations
Virtual Account based one-channel, which allows the Bank to provide services
to its customers via mobile phones using a mobile application
Virtual account is a service provided to the Bank’s customers on the Android and iOS platforms that use internet data
in the form of a facility to identify the receipt of payment of packages for transactions.
customer’s bills to a counterparty.
Jconnect E-KMG
Payment Point
This is one of the online multipurpose/consumer loan
This is a cooperation between the Bank and a third party in application service innovations for State Civil Apparatus (ASN)
order to receive bills payment through cash and non-cash and employees whose payroll is at Bank Jatim. The application
deposits. The bills covered by this program are, among others, for multipurpose loan is done online through an application
telephone bills, electricity bills, and tuition fees. based on Android and iOS.
E-Channel (SMS Banking, J-Connect Mobile Jconnect E-Loan
dan J-Connect Internet Banking)
This is one of the innovative online productive loan application
The e-Channel service covers banking transaction activities services for the general public. Productive loan applications are
through mobile phone or the Internet. made online through android and iOS-based applications.
96 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Laku Pandai (Sipandai Bank Jatim) Services Virtual Account
This particular service is a program from the Financial Bank Jatim Virtual Account is a special identification number
Services Authority (OJK) to facilitate communities that aimed for customer business partners as a payment tool for
are not accessible to banks (unbanked people). Bank Jatim business partners to customers. With every deposit made in
collaborates with SiPandai agents to serve customers/ Bank Jatim Virtual Account, the system will automatically
communities in areas that are not accessible by banks’ service record to the Main Account by including data of the Number
offices to conduct cash withdrawal transactions, transfers, and Name of the Virtual Account.
cash deposits, and other transactions. SiPandai agents
use Android based applications to serve these customers/ E-Samsat Jatim
communities.
Annual STNK (Vehicle Registration Letter) ratification services
Bank Jatim Info (14044) and payment of Motor Vehicle Taxes and SWDKLLJ (Jasa
Raharja) for the East Java province through the e-Channel of
Bank Jatim Info serves as the Bank’s Call Center with a phone Bank Jatim, namely: ATMs, Tellers, PPOB, SiPANDAI Agents,
number or shortcode of 14044. Customers can contact this JConnect Mobile and JConnect Internet Banking, as well
number from house phones as well as from mobile phones. It as other collecting agent channels such as the Tokopedia
provides a wide range of information related to the Bank Jatim’s marketplace, the GoJEK online transportation application, and
products, services, and other relevant information. the modern retail channel Indomaret.
Bank Jatim ATM Debit Card National Digital Samsat (Signal)
Kartu ATM Bank Jatim dapat digunakan untuk transaksi Annual STNK (Vehicle Registration Letter) validation services
penarikan tunai, pembayaran telepon, air, PBB, listrik, and payment of Motor Vehicle Taxes and SWDKLLJ (Jasa
pendaftaran SMS Banking dan transfer antar rekening Bank Raharja) throughout Indonesia through the e-Channel of Bank
Jatim, antar rekening sesama anggota ATM Bersama dan ATM Jatim and other banks that become the members of SIGNAL,
Prima, serta cek saldo dan dapat digunakan untuk berbelanja di namely: ATMs, Tellers, Mobile Banking and Internet Banking
merchant-merchant yang berlogo GPN (Gerbang Pembayaran by first accessing the SIGNAL application. Android and iOS
Nasional). based.
Kartu Bank Jatim Flazz (Co-Branding) Jatim Code QRIS
Multifunctional Card Based/Chip Based Electronic Money The JConnect Mobile application can be used by customers
using RFID technology so that transactions become faster to make purchases/payments by scanning QRIS installed at
and more convenient. The result of the collaboration between merchants or stores that have QRIS installed, both East Java
Bank Jatim Co-Branding and BCA. Code QRIS and QRIS from other Payment System Service
Providers (PJSP). Jatim Code QRIS can also be scanned by
Safe Deposit Box applications from other PJSPs such as OVO, Shope Pay, Dana,
Gopay, and others.
Safe Deposit Box is Bank Jatim’s service in the form of tenancy
of boxes specifically designed to store assets/ securities with BJTM Connect
small, medium and large sizes.
Leading technology that makes it easier for customers in
Civil Servants Electronic Card (KPE) every banking transaction with a strategic location, long
operational time and more flexibility with services on
Bank Jatim presents various supporting facilities to optimize holidays.
the Civil Servants Electronic Card (KPE) function for banking
activities. KPE can also function as a Bank Jatim ATM card with
the exact same service as that of the other customers of Bank
Jatim.
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Operating
Area
Batam
Head Office of
Bank Jatim Jakarta
As of December 31, 2025, Bank Jatim has one
Head Office and 1,860 branch networks, consisting
of Branch Offices, Sub-Branch Offices, Functional
Offices, Payment Points, Mobile Cash/ Counters, and
ATMs/CRMs.
Table of Office Network for the last 5 years
Office Type 2025 2024 2023 2022 2021
Head Office (KP) 1 1 1 1 1
Conventional Branch Office (KC) 42 41 41 41 41
Sharia Branch Office (KCS) 7 7 7 7 7
Conventional Sub-Branch Office (KCP) 165 165 163 162 162
Sharia Sub-Branch Office (KCPS) 10 10 10 10 10
Functional Offices (KF) 216 210 212 212 211
Sharia Functional Offices (KFS) 4 4 4 3 2
Sharia Service Offices (KLS) 207 198 196 195 195
Payment Point (PP) 192 189 191 196 248
Payment Point Sharia (PPS) 8 8 8 8 8
Car Cash (KM) 26 26 26 36 97
Sharia Car Cash (KMS) 7 7 7 7 7
Automated Teller Machines (ATM)* 841 855 828 815 780
Sharia Automated Teller Machines (ATM) 27 26 26 26 25
Cash Recycle Machine (CRM) 97 96 84 58 51
Sharia Cash Recycle Machine (CRM) 11 10 10 7 7
Cash Deposit Machine (CDM) 0 - - - -
Total 1,861 1,853 1,814 1,784 1,852
* Bank Jatim’s Automated Teller Machines (ATMs) are integrated with 81,569 terminals of the ATM BERSAMA network, 101,313 ATM PRIMA terminals, 695,971 Electronic Data
Capture.
98 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Table of Bank Jatim Offices per Region in 2025
Office Location KC KCP KF PP KM KCS KCPS KFS KLS PPS KMS ATM ATMS CRM CRMS
Surabaya 4 24 28 16 2 1 4 1 28 2 1 101 5 14 3
Banyuwangi 1 6 11 4 1 - 1 0 7 0 0 28 1 6 0
Jember 1 6 8 6 0 1 0 0 7 0 1 25 1 2 1
Malang 1 5 9 14 1 1 0 1 6 1 1 28 3 7 2
Madiun 2 4 9 7 1 1 0 0 6 0 1 34 1 3 1
Kediri 1 7 9 9 1 1 0 1 8 1 1 31 2 2 1
Pamekasan 1 2 2 4 0 0 0 0 3 0 0 15 0 1 0
Bojonegoro 1 5 6 8 0 0 0 0 6 0 0 29 0 4 0
Lumajang 1 4 6 2 1 0 0 0 5 0 0 22 0 4 0
Ngawi 1 8 4 3 2 0 0 0 9 0 0 20 0 1 0
Jombang 1 3 7 6 1 0 1 0 4 0 0 20 1 3 0
Kraksaan 1 2 5 4 1 0 0 0 3 0 0 13 0 1 0
Probolinggo 1 3 3 2 2 0 1 0 4 0 0 20 1 1 0
Blitar 1 5 7 13 1 0 1 1 6 0 0 21 2 3 1
Tulungagung 1 4 5 5 1 0 0 0 5 0 0 16 0 5 0
Tuban 1 5 4 3 0 0 0 0 6 0 0 25 0 2 0
Mojokerto 1 4 3 4 1 0 1 0 5 0 0 26 2 1 0
Sumenep 1 2 4 4 0 0 0 0 3 0 0 20 0 1 0
Sampang 1 1 4 2 0 0 1 0 2 0 0 14 1 1 0
Bangkalan 1 3 4 6 0 0 0 0 4 0 0 11 0 3 0
Pasuruan 1 7 5 7 1 0 0 0 8 0 0 30 0 1 0
Nganjuk 1 4 5 14 1 0 0 0 5 0 0 20 0 2 0
Trenggalek 1 3 7 1 0 0 0 0 4 0 0 19 0 1 0
Ponorogo 1 4 6 4 1 0 0 0 5 0 0 21 0 2 0
Pacitan 1 3 3 3 1 0 0 0 4 0 0 20 0 4 0
Gresik 1 5 6 3 1 1 0 0 6 2 1 22 3 1 1
Sidoarjo 1 8 11 7 0 1 0 0 9 2 1 45 3 1 1
Lamongan 1 5 6 7 1 0 1 0 6 0 0 27 1 1 0
Situbondo 1 2 4 4 1 0 0 0 3 0 0 19 0 4 0
Bondowoso 1 3 3 2 1 0 0 0 4 0 0 17 0 4 0
Magetan 1 4 6 2 0 0 0 0 5 0 0 22 0 2 0
Kangean 1 0 1 0 0 0 0 0 1 0 0 6 0 1 0
Jakarta 1 6 0 0 0 0 0 0 7 0 0 8 0 1 0
Batu 1 2 4 3 1 0 0 0 3 0 0 11 0 2 0
Bawean 1 0 1 0 0 0 0 0 1 0 0 7 0 1 0
Pare 1 2 2 6 0 0 0 0 3 0 0 13 0 2 0
Kepanjen 1 4 8 7 1 0 0 0 5 0 0 14 0 1 0
Batam 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0
Grand Total 42 165 216 192 26 7 10 4 207 8 7 841 27 97 11
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As of December 31, 2025, Bank Jatim had 14,847 Agen Jatim spread throughout East Java, consisting of 1,464 Legal Entity Agents
and 13,383 Individual Agents.
Table of Conventional Jatim Agent Network
Branch Name 2025 2024 2023 2022
Bangkalan Branch 327 267 166 90
Banyuwangi Branch 645 556 224 31
Batu Branch 151 135 57 24
Bawean Branch 102 94 55 17
Blitar Branch 492 462 289 143
Bojonegoro Branch 341 278 166 55
Bondowoso Branch 288 297 254 160
Dr. Soetomo Branch 534 404 201 25
Gresik Branch 352 310 157 73
HR Muhammad Branch 282 301 195 32
Jember Branch 361 311 195 61
Jombang Branch 240 224 103 46
Kangean Branch 68 66 42 6
Kediri Branch 778 640 362 97
Kepanjen Branch 295 233 98 31
Kraksaan Branch 256 217 111 70
Lamongan Branch 454 389 228 99
Lumajang Branch 264 243 118 69
Madiun Branch 659 563 352 159
Magetan Branch 437 392 243 95
Malang Branch 303 240 133 49
Mojokerto Branch 253 196 132 101
Nganjuk Branch 364 317 195 90
Ngawi Branch 677 593 447 301
Pacitan Branch 300 261 181 98
Pamekasan Branch 94 84 46 40
Pare Branch 191 166 73 22
Pasuruan Branch 361 309 165 111
Perak Branch 386 342 165 51
Ponorogo Branch 382 340 192 38
Probolinggo Branch 230 202 123 29
Sampang Branch 200 184 86 34
Sidoarjo Branch 1,233 1,082 292 112
Situbondo Branch 272 198 99 19
Sumenep Branch 138 136 58 42
Trenggalek Branch 366 343 183 41
Tuban Branch 970 767 379 141
Tulungagung Branch 432 388 254 118
Utama Branch 369 292 128 92
Grand Total 14,847 12,822 6,948 2,912
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Table of Jatim Sharia Agent Network
Sharia Branch 2025 2024
Surabaya Sharia Branch 173 151
Kediri Sharia Branch 57 52
Madiun Sharia Branch 26 26
Jember Sharia Branch 56 53
Malang Sharia Branch 94 82
Sidoarjo Sharia Branch 69 56
Gresik Sharia Branch 86 75
Total 561 495
Association
Membership List
As a financial services institution, Bank Jatim joined and was active in various associations or institutions that are relevant to the
Bank’s main business. Thus, the Bank can follow the latest developments, issues, or newest topics, as well as exchange information and
provide suggestions/inputs for mutual progress. During 2025, Bank Jatim joined the following associations/institutions as follows:
Association Name Year Joined Membership Status
Association of Regional Development Banks of East Java 1993 Member
Forum for Communication of Banking Compliance Directors (FKDKP) 2000 Member
Forum for Communication of Regional Development Bank Commissioners
2002 Member
of Indonesia (FKDK-BPDSI)
SWIFT Indonesia Association (ASWIFTINDO) 2007 Member
International Chamber of Commerce (ICC Indonesia) 2025 Member
Indonesian Sharia Bank Association (ASBISINDO) 2008 Member
Indonesian Issuers Association (AEI) 2012 Member
FCSR Social Ministry 2016 Member
Forum for Communication of Regional Financial Services Industry (FK-IJKD) 2016 Member
Indonesian Corporate Secretary Association (ICSA) 2019 Member
Indonesian Custodian Bank Association (ABKI) 2019 Member
Musyawarah Regional Banking Agency (BMPD) of East Java 1975 Member
Sharia Economic Society (MES) of East Java Province 2022 Administrator and Member
Indonesian Government Bond Traders Association (HIMDASUN) 2022 Member
Indonesian Money Market and Foreign Exchange Association (APUVINDO) 2023 Administrator and Member
Indonesian Payment System Association (ASPI) 2001 Member
Bank Jatim’s membership in organizations/associations had a strategic meaning. The Bank aligned with the latest developments
in the banking world and contributed knowledge and experience to members of organizations/associations. Bank Jatim did not
contribute financially beyond regular membership fees, including not contributing to politics or politicians.
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Organizational
Structure
General Meeting
In line with the Bank’s business development, Bank of Shareholders
Jatim’s organizational structure has undergone
several changes. As of December 31, 2025, the
organizational structure of Bank Jatim refers to the Sharia Supervisory Board
Board of Directors Decree No. 064/05/15/DIR/PSM/ KH. Afifuddin Muhajir
Mohammad Nasih
KEP dated June 19, 2025.
Tamhid Masyhudi
President Director
Winardi Legowo
Vice President Director
R. Arief Wicaksono
Medium, Corporate Finance, Treasury
Business, and Network & Global Services Risk Compliance
Director Management Umi Rodiyah
Raden Mas
Arif Suhirman Wahyukusumo
Wisnubroto
Legal
& Human Capital
Mugni Nurachman
(Pgs.)
Accounting and Risk Compliance & AML,
Corporate Secretary International Banking Legal
Financial Management Management CFT, PF and TFS
Fenty Rischana K Hening Tri Ujianti Troy Wahana Seta
(Pjs.) Rahayu (Pjs.) R. Deni Mahendra Wawan Budi Herry Setya Yudakka (Pgs.)
Rachmanto (Pjs.)
Medium, Corporate Treasury
Internal Audit Credit Risk Analyst Policies & Procedures Human Capital
and Syndicated Loans R. Wahyu
Herijadi Widodo Tedjasukmana Setya Erry Nugraha Glemboh Priambodo Slamet Purwanto
Mukhlison
Strategic Planning Subsidiaries Credit Collection
& Performance Institutional Relations Management and Recovery
Management Rachman Subiyantoro Putu Denny
Hariwidyanta Firman Iswahyudi M.
Deddy Aji Wijaya
(Pjs.)
Credit
Administration
Agus Sastriono
Network
Development Subsidiary Supporting
Risk Management Product and
IT Credit/Financing Credit/Financing Sustainability
ALCO Management Staffing Network
Committee Committee Policy Committee Committee
Committee Committee Committee
102 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Board of Commissioners
Audit Risk Monitoring
Adi Sulistyowati Committee Committee
Adhy Karyono
Muhammad Mas’ud
Dadang Setiabudi Nomination & Remuneration
Committee
Asri Agung Putra
Micro Business, IT, Digital &
Retail & Sharia Business Operations
Tonny Prasetyo Wiweko Probojakti
Micro, Retail Information
& Consumer Technology
Wioga Adhiarma Aji Handayanto (Pgs.)
(Pjs.)
Information
Funds and Services Consumer Credit Operations Technology
Yetty Fitria Suprapto Diana Safitri (Pjs.) R. Sonny Soelaksono Syaiful Bakhri (Pgs.)
= Directors
Sharia Business Unit Microcredit General Affairs Digital Banking
M. Pramudya Iskandar Kamiliah Tri Laksono M. Machfud Hidayat
= SEVP
= Division
Business Distribution Retail Credit
& Service Excellence CISO
Mochammad Anto Vicky Cally
Melvin Fachrudin (Pjs.) Simanjuntak (Pjs.) = Functional
Conventional/Sharia
Branch Office
The composition of the Board of Commissioners’ Committees as of December 31, 2025, is as follows:
1. Audit Committee: Asri Agung Putra (Chairman), Adi Sulistyowati (Member), Muhammad Mas’ud (Member), Dadang Setiabudi (Member), Kusnadi
(Member), and Moch. Arifin (Member).
2. Risk Monitoring Committee: Dadang Setiabudi (Chairman), Adi Sulistyowati (Member), Muhammad Mas’ud (Member), Asri Agung Putra (Member),
Yugo Heryawan (Member), and Achmad Jani (Member).
3. Remuneration and Nomination Committee: Muhammad Mas’ud (Chairman), Adi Sulistyowati (Member), Adhy Karyono (Member), Dadang Setiabudi
(Member), Asri Agung Putra (Member), Yusuf Adnan (Member), Aam Waro’ Panotogomo (Member), and Slamet Purwanto (Member).
The names of committee members under the Board of Directors can be found in the Corporate Governance Chapter.
PT Bank Pembangunan Daerah Jawa Timur Tbk 103
Page 104
Company
03 Profile
Profile
of The Board of Directors
Winardi Legowo
President Director
Nationality : Indonesian Citizen
Place and Born in Semarang in 1968,
:
Year of Birth/ Age 57 years old as of December 31, 2025.
Domicile : Sidoarjo, Indonesia
Educational Bachelor’s Degree in Management Economics from Diponegoro University, Semarang (1993).
Background
Certifications • Basic Islamic Banking Certification from Mandiri Corporate University (2024).
• Risk Management Certification Level 7 from the Risk Management Certification Agency (2024).
• Refresher Program for Risk Management Certification Level 7 from the Indonesia Risk Professionals Association (2025).
• Risk Management Certification Maintenance Program Level 7 from Strategic Development Group (2025).
Job History
Basis of Appointed as President Director for the first time at the Annual General Meeting of Shareholders (AGMS) held on May
Appointment 22, 2025. Successfully passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK)
as President Director based on the Decree of the Board of Commissioners of the Financial Services Authority (OJK)
No. KEPR-148/D.03/2025 dated September 18, 2025.
Concurrent • Chairman of the Asset and Liabilities Committee (ALCO) of Bank Jatim
Positions • Chairman of the Risk Management Committee of Bank Jatim
• Chairman of the Human Capital Management Committee of Bank Jatim
• Chairman of the Information Technology Committee of Bank Jatim
• Chairman of the Credit/Financing Policy Committee of Bank Jatim
• Decision-maker for the Credit Committee Business Function
No concurrent positions in other public companies.
Working • Assistant Vice President/Wealth Bussiness Manager PT Bank Mandiri (Persero) Tbk (2013–2015).
Experience • Assistant Vice President/Branch Manager PT Bank Mandiri (Persero) Tbk (2015–2017).
• Vice President/Area Head PT Bank Mandiri (Persero) Tbk (2017–2020).
• Vice President/Regional Transaction & Consumer Head PT Bank Mandiri (Persero) Tbk (2020–2022).
• Senior Vice President/Regional CEO PT Bank Mandiri (Persero) Tbk (2022–2025);
• President Director, PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–present).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders for Fiscal Year 2029 (First Term).
Bank Jatim
Does not own shares in Bank Jatim.
Share Ownership
104 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
R. Arief Wicaksono
Vice President Director
Nationality : Indonesian Citizen
Place and Born in Banyuwangi in 1970,
:
Year of Birth/ Age 55 years old as of December 31, 2025.
Domicile : Sidoarjo, Indonesia
Educational • Bachelor of Electrical Engineering from the 10 November Institute of Technology (ITS) Surabaya (1996).
Background • Master of Management from Dr Sutomo University (Unitomo) Surabaya (2020).
Certifications • Equivalency and Alignment of Level 7 Risk Management Certification (2024)
• Treasury Competency Certification (Level 7 Treasury Dealer Refreshment) (2024).
• Refreshment of Level 7 Risk Management Certification by TD Consulting (2025).
Job History
Basis of Appointed as Director of Consumer, Retail and Sharia Business for the first time at the General Meeting of Shareholders
Appointment (GMS) Fiscal Year 2021 on March 17, 2022, Passed the Fit and Proper Test and was declared effective by the Financial
Services Authority (OJK) as Director of Consumer, Retail and Sharia Business based on a copy of the Decision of the
Members of the Board of Commissioners of the Financial Services Authority (OJK) No. KEP-3/D.03/2022 dated January
19, 2022. Based on Deed No. 23 dated December 7, 2022 concerning the Minutes of the Extraordinary General Meeting
of Shareholders (GMS) of PT Bank Pembangunan Daerah Jawa Timur Tbk, there was a change in the nomenclature of the
position of Directors from Director of Consumer, Retail and Sharia Business to Director of Micro, Retail and Medium. Based
on Deed No. 33 dated December 11, 2024 concerning the Minutes of the Extraordinary General Meeting of Shareholders,
there was a change in the nomenclature of the position of Directors from Director of Micro, Retail and Medium Enterprises
to Director of Micro, Retail and Sharia Business. Appointed as Deputy President Director for the first time at the Annual
General Meeting of Shareholders for the 2024 Financial Year on May 22, 2025. Passed the Fit and Proper Test and was
approved by the Financial Services Authority (OJK) as Deputy President Director based on a Copy of the Decision of the
Members of the Board of Commissioners of the Financial Services Authority (OJK) No. KEPR-185/D.03/2025 dated
October 16, 2025.
Concurrent • First Alternate Chairman of the Asset and Liabilities Committee (ALCO) of Bank Jatim
Positions • First Alternate Chairman of the Risk Management Committee of Bank Jatim
• Alternate Chairman of the Information Technology Committee of Bank Jatim
• Alternate Chairman of the Credit/Financing Policy Committee of Bank Jatim
• Decision-maker for the Credit Committee Risk Function of Bank Jatim
• Member of the Bank Jatim Human Resources Management Committee
No concurrent positions in other public companies.
Working • Branch Manager of the Bondowoso Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2015 –2017).
Experience • Branch Manager of the Banyuwangi Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2017–2018).
• Head of Treasury Division of PT Bank Pembangunan Daerah Jawa Timur Tbk (2018).
• Head of Information Technology Division of PT Bank Pembangunan Daerah Jawa Timur Tbk (2018–2021).
• Head of Sharia Business Division of PT Bank Pembangunan Daerah Jawa Timur Tbk (2021 –2022).
• Director of Consumer, Retail, and Sharia Business of PT Bank Pembangunan Daerah Jawa Timur Tbk (2022).
• Director of Micro, Retail, and Medium Business of PT Bank Pembangunan Daerah Jawa Timur Tbk (2022–2024).
• Director of Micro, Retail, and Sharia Business of PT Bank Pembangunan Daerah Jawa Timur Tbk (December 2024–2025).
• Vice President Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2025 –present).
Term of Office • 2022 until the closing of the Annual General Meeting of Shareholders for the Financial Year 2024 (First Term).
• 2025 until the closing of the Annual General Meeting of Shareholders for the Financial Year 2029 (Second Term).
Bank Jatim
1,858,600 shares
Share Ownership
PT Bank Pembangunan Daerah Jawa Timur Tbk 105
Page 106
Company
03 Profile
Arif Suhirman
Medium, Corporate Business, & Network Director
Nationality : Indonesian Citizen
Place and Born in Kediri in 1966,
:
Year of Birth/ Age 59 years old as of December 31, 2025.
Domicile : Surabaya, Indonesia
Educational • Sarjana bidang Ekonomi Akuntansi dari Universitas Brawijaya, Malang (1991).
Background • Master bidang Manajemen dan Bisnis dari Institut Pertanian Bogor (2007).
Certifications • Qualified Internal Audit (2000)
• Certified Wealth Manager oleh Certified Wealth Managers Association (2015).
• Qualified Risk Governance Professional (QRGP) by the Professional Certification Institute - Mitra Kalyana Sejahtera
(LSP MKS) (2020).
• Competency Certification Qualification Level 7 in Banking Risk Management (Non-Tiered) from the Professional
Certification Institute for Banking (2024).
Job History
Basis of Appointed as Director of Operations for the first time at the Annual GMS for Fiscal Year 2022 on April 12, 2023, and
Appointment effective since passing the fit and proper test by the Financial Services Authority as stipulated in the Decision of the Board
of Commissioners of the Financial Services Authority Number KEPR-132/D.03/2023 dated October 11, 2023. Based on
Deed no. 33 dated December 11, 2024 regarding the Minutes of the Extraordinary General Meeting of Shareholders (GMS)
Year 2024 of PT Bank Pembangunan Daerah Jawa Timur Tbk, there was a change in the nomenclature of the position of
the Board of Directors which was originally the Director of Operations to the Director of Medium Business, Corporation and
Network.
Concurrent • Permanent Member of the Asset and Liabilities Committee (ALCO) of Bank Jatim
Positions • Permanent Member of the Information Technology Committee of Bank Jatim
• Permanent Member of the Credit/Financing Policy Committee of Bank Jatim
• Permanent Member of the Bank Jatim Risk Management Committee
• Member of the Bank Jatim Human Resources Management Committee
• Decision-maker for the Credit Committee Business Function of Bank Jatim
No concurrent positions in other public companies.
Working • Head of Rantau Branch, Banjarmasin Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2007–2009).
Experience • Head of Bandung Setiabudi Branch, Bandung Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2009 –2010).
• Head of Jakarta Cempaka Mas Branch, Jakarta Regional Office 1 of PT Bank Rakyat Indonesia (Persero) Tbk (2010–2011).
• Head of Krekot Branch for Jakarta Region of PT Bank Rakyat Indonesia (Persero) Tbk (2011–2012).
• Head of Bandung Asia Africa Branch of PT Bank Rakyat Indonesia (Persero) Tbk (2012–2013).
• Head of Jakarta Veteran Branch of PT Bank Rakyat Indonesia (Persero) Tbk (2013–2014).
• Deputy Regional Head for Funds and Operations for Jakarta Regional Office 1 of PT Bank Rakyat Indonesia (Persero) Tbk
(2015 –2016).
• Deputy Regional Leader for Business Sector for Jakarta Regional Office 1 of PT Bank Rakyat Indonesia (Persero) Tbk
(2016–2017).
• Acting Head of Social Entrepreneurship Division at PT Bank Rakyat Indonesia (Persero) Tbk (2017–2018).
• Acting Head of Institution Division 1 at PT Bank Rakyat Indonesia (Persero) Tbk (2018–2019).
• Head of Special Branch, Special Branch Office of PT Bank Rakyat Indonesia (Persero) Tbk (2019–2020).
• Business Director of PT BRI Asuransi Indonesia (2020–2021).
• Head of Internal Audit at Jayapura Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2021 –2022).
• Director of Operations at PT Bank Pembangunan Daerah Jawa Timur Tbk (2023–2024).
• Director of Medium Business, Corporate & Network at PT Bank Pembangunan Daerah Jawa Timur Tbk (2024–present).
Term of Office 2023 until the closing of the Annual GMS for Fiscal Year 2027 (First Period).
Bank Jatim
Share Ownership 1,644,900 shares
106 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Umi Rodiyah
Compliance Director
Nationality : Indonesian Citizen
Place and Born in Probolinggo in 1966,
:
Year of Birth/ Age 59 years old as of December 31, 2025.
Domicile : Surabaya, Indonesia
Educational Bachelor’s degree in Public Administration from Universitas Brawijaya, Malang (1991).
Background
Certifications • Refreshment of Level 7 Risk Management Certification by TD Consulting (2025).
• Risk Management Level 7 Certification by the Risk Management Certification Agency (2024).
• General Banking Level 3 Certification by the Indonesian Banking Development Institute (2019).
• AML-CFT & CPF-WMD Competency Test Level 7 by the Banking Compliance Director Communication Forum (2025).
Job History
Basis of Appointed as Director of Compliance at the General Meeting of Shareholders (GMS) Fiscal Year 2023 on February 7, 2024,
Appointment and subsequently approved by the Financial Services Authority (OJK) following a successful Fit and Proper Test, as per
OJK’s Decision No. KEPR-38/D.03/2024 dated July 1, 2024.
Concurrent • Permanent Member of the Asset and Liabilities Committee (ALCO) of Bank Jatim
Positions • Permanent Member of the Risk Management Committee of Bank Jatim
• Member of the Human Capital Management Committee of Bank Jatim
• Non-Permanent Member of the Information Technology Committee of Bank Jatim
• Permanent Member of the Credit/Financing Policy Committee of Bank Jatim
No concurrent positions in other public companies.
Working • Branch Head of Perak Branch, PT Bank Pembangunan Daerah Jawa Timur Tbk (2010–2015).
Experience • Corporate Secretary, PT Bank Pembangunan Daerah Jawa Timur Tbk (2017–2018).
• Head of Institutional Relations Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2018–2020).
• Head of Funding & Services Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2020–2021).
• Corporate Secretary, PT Bank Pembangunan Daerah Jawa Timur Tbk (2021 –2022).
• Head of Treasury Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2022–2023).
• SEVP of Sharia Business, PT Bank Pembangunan Daerah Jawa Timur Tbk (2023–2024).
• Director of Compliance, PT Bank Pembangunan Daerah Jawa Timur Tbk (2024–present).
Term of Office 2024 until the closing of the Annual GMS for the 2028 Fiscal Year (First Term).
Bank Jatim
Share Ownership 1,138,300 shares
PT Bank Pembangunan Daerah Jawa Timur Tbk 107
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Company
03 Profile
Raden Mas Wahyukusumo Wisnubroto
Finance, Treasury, & Global Services Director
Nationality : Indonesian Citizen
Place and Born in Yogyakarta in 1972,
:
Year of Birth/ Age 53 years old as of December 31, 2025.
Domicile : Sidoarjo, Indonesia
Educational • Bachelor’s Degree in Civil Engineering from Bandung Technology Institute (1998).
Background • Master’s Degree in Management from University of Gadjah Mada, Yogyakarta (2005).
Certifications • Risk Management Certification Level 7 from the Risk Management Certification Agency (2024).
• Treasury Certification – Level 7 from ACI Financial Markets Association Indonesia (2025)
• General Pension Fund Management Certification from the Pension Fund Professional Certification Institute – LSPDP
(2025).
• Treasury Certification Refreshment Program Level 7 (Advanced Level) from ACI Indonesia (2025).
• Risk Management Certification Level 7 Refresher from TD Consulting (2025).
• Individual Executive Program by LPPI (2021)
• General Banking Competency Certification (Commercial Banking) Level 3 by the National Professional Certification
Agency (2022)
Job History
Basis of Appointed as Director of Finance, Treasury & Global Services for the first time at the Annual General Meeting of
Appointment Shareholders (AGMS) for the Financial Year 2024 held on May 22, 2025. Successfully passed the Fit and Proper Test
and was approved by the Financial Services Authority (OJK) as Director of Finance, Treasury & Global Services based on
the Decree of the Board of Commissioners of the Financial Services Authority (OJK) No. KEPR-184/D.03/2025 dated
October 16, 2025.
Concurrent • Alternate Chairman 2 of the Asset and Liability Committee (ALCO) of Bank Jatim.
Positions • Permanent Member of the Bank Jatim Risk Management Committee.
• Member of the Bank Jatim Human Resources Management Committee.
• Permanent Member of the Bank Jatim Information Technology Committee.
• Permanent Member of the Bank Jatim Credit/Financing Policy Committee.
• Decision-maker for the Business Function of the Bank Jatim Credit Committee.
Does not hold concurrent positions in other public companies.
Working • Head of Operations, Ngawi Branch, PT Bank Pembangunan Daerah Jawa Timur Tbk (2012–2013).
Experience • Head of Operations, Jakarta Branch, PT Bank Pembangunan Daerah Jawa Timur Tbk (2013–2014).
• Branch Manager, HR. Muhammad PT Bank Pembangunan Daerah Jawa Timur Tbk (2014–2015).
• Head of Dealing Room Sub-Division, Treasury Division PT Bank Pembangunan Daerah Jawa Timur Tbk (2015–2017).
• Head of International Banking Division PT Bank Pembangunan Daerah Jawa Timur Tbk (2017–2018).
• Head of Treasury Division PT Bank Pembangunan Daerah Jawa Timur Tbk (2018–2022);
• Head of Strategic Planning and Performance Management Kinerja PT Bank Pembangunan Daerah Jawa Timur Tbk
(2022–2023).
• Head of International Banking Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2023–2025).
• SEVP Network & Services PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–2025).
• Director of Finance, Treasury & Global Services PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–present).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders for Fiscal Year 2029 (First Term).
Bank Jatim
Share Ownership Does not own shares in Bank Jatim.
108 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Tonny Prasetyo
Micro, Retail & Sharia Business Director
Nationality : Indonesian Citizen
Place and Born in Malang in 1969,
:
Year of Birth/ Age 56 years old as of December 31, 2025.
Domicile : Mojokerto, Indonesia
Educational • Bachelor of Agriculture from Darul Ulum University, Jombang (1995).
Background • Master in Management from Dr. Soetomo, Surabaya (2019)
Certifications • General Banking Level 3 by the Banking Professional Certification Institute (2022);
• General Banking Level 3 Refreshment by the Indonesian Banking Development Institute (2022).
• Level 7 Risk Management Certification Briefing by the Strategic Development Group (SDG) (2025).
• Level 7 Risk Management Certification Program Exam by the Banking Professional Certification Institute (LSPP) (2025).
Job History
Basis of Appointed as Director of IT & Operations for the first time at the Annual General Meeting of Shareholders for the 2018
Appointment Financial Year on June 19, 2019. Passed the Fit and Proper Test and was approved by the Financial Services Authority
(OJK) as Director of IT & Operations based on a Copy of the Decision of the Members of the Board of Commissioners of the
Financial Services Authority (OJK) No. KEP-190/D.03/2019 dated October 11, 2019. Based on the Extraordinary General
Meeting of Shareholders on December 7, 2022, there was a change in the nomenclature of the position of the Directors
from Director of IT and Operations to Director of Operations. Based on the Decree of the Board of Commissioners Number
061/10/DKM/KEP dated December 13, 2022 concerning the Appointment of a Temporary Replacement and Division of
Duties of the Directors of PT Bank Pembangunan Daerah Jawa Timur Tbk, he was appointed as a temporary replacement
for the Director of Compliance. Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK)
as Director of Compliance based on a Copy of the Decision of the Members of the Board of Commissioners of the Financial
Services Authority (OJK) No. SR-67/PB.02/2023 dated May 26, 2023. Appointed as Director of Compliance at the Annual
General Meeting of Shareholders for the 2022 Financial Year on April 12, 2023. Appointed as Director of Micro, Retail &
Sharia Business at the Annual General Meeting of Shareholders for the 2024 Financial Year on May 22, 2025. Passed
the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as Director of Micro, Retail & Sharia
Business based on a copy of the Decision of the Members of the Board of Commissioners of the Financial Services Authority
(OJK) No. KEPR-183/D.03/2025 dated October 16, 2025.
Concurrent • Advisory Board and Advisory Council of the Mojokerto City Chamber of Commerce and Industry (2023–2028).
Positions • Central Leadership Council of the Alumni Association of Dr. Soetomo University Surabaya (2024–2028).
• Permanent Member of the Asset and Liabilities Committee (ALCO) of Bank Jatim.
• Permanent Member of the Information Technology Committee of Bank Jatim.
• Permanent Member of the Credit/Financing Policy Committee of Bank Jatim.
• Permanent Member of the Bank Jatim Risk Management Committee.
• Member of the Bank Jatim Human Resources Management Committee.
• Decision-maker for the Business Function of the Bank Jatim Credit Committee.
No concurrent positions in other public companies.
Working • Acting Head of Blitar Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2014).
Experience • Acting Head of Situbondo Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2014).
• Acting Head of Kediri Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2014–2015).
• Head of Credit Division, Main Branch Office of PT Bank Pembangunan Daerah Jawa Timur Tbk (2015).
• Head of Sharia Business Support Division of PT Bank Pembangunan Daerah Jawa Timur Tbk (2015–2016).
• Head of General Affairs Division of PT Bank Pembangunan Daerah Jawa Timur Tbk (2016–2019).
• IT & Operations Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2019–2022).
• Operations Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2022).
• Acting Compliance Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2022–2023).
• Compliance Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2023–2024).
• Micro, Retail & Sharia Business Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–present).
Term of Office • 2019 until the closing of the Annual General Meeting of Shareholders for the 2023 Financial Year (First Period).
• 2025 until the closing of the Annual General Meeting of Shareholders for the 2029 Financial Year (Second Period).
Bank Jatim
Do not have shares in Bank Jatim.
Share Ownership
PT Bank Pembangunan Daerah Jawa Timur Tbk 109
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Company
03 Profile
Wiweko Probojakti
IT, Digital & Operation Director
Nationality : Indonesian Citizen
Place and Born in Jakarta in 1968,
:
Year of Birth/ Age 57 years old as of December 31, 2025.
Domicile : Surabaya, Indonesia
Educational • Bachelor’s Degree in Accounting from Gadjah Mada University, Yogyakarta (1991).
Background • Master’s Degree in General Management from the Indonesian Institute for Management Development, Jakarta (2000).
• Doctoral Program in Administrative Sciences from University of Brawijaya, Malang (2025).
Certifications • Certified Financing Expert from PT Sertifikasi Profesi Pembiayaan Indonesia (2019)
• Certified Professional Management Accountant from the Indonesian Institute of Management Accountants (2021)
• Equalization and Alignment Program for Risk Management Certification Level 7 from IRPA (2024)
• Risk Management Certification Level 7 Refresher from Leadership Nasional Asia (2025)
• Chartered Accountant (CA) Indonesia from the Indonesian Institute of Accountants (2025)
• Risk Management Certification Maintenance Program Level 7 from the BSMR (Risk Management Certification Agency)
(2025).
• Certified Interviewer – Targeted Selection by ANZ Indonesia & DDI (2004)
• International Certified Wealth Manager by Certified Wealth Managers Association & LPM FEB-UI (2015)
• PSAK 71 Impairment Deep Dive in Risk Management Perspective by Bankers Association for Risk Management (2019)
• General Pension Fund Management by the Indonesian Pension Fund Association (2020)
• Certification on “Impairment of Sharia Financial Assets” by the Indonesian Institute of Accountants (2025)
• Certification on “Professional Ethics in Tax Planning” by the Indonesian Institute of Accountants (2025)
• Certification on “IAI Economic Briefing 2025” by the Indonesian Institute of Accountants (2025)
• Certification on “From Documentation to Client Trust: Mastering PSAK 4230 and PSAK 4580” by the Indonesian Institute
of Accountants (2025)
• Certification on “Cryptocurrency in Sharia and Accounting Perspective” by the Indonesian Institute of Accountants
(2025)
• Certification on “Export Import Process Overview” by the Indonesian Institute of Accountants (2025)
Job History
Basis of Appointed as Director of IT, Digital & Operations for the first time at the Annual General Meeting of Shareholders for Fiscal
Appointment Year 2024 held on May 22, 2025. Successfully passed the Fit and Proper Test and was approved by the Financial Services
Authority (OJK) as Director of IT, Digital & Operations based on the Decree of the Board of Commissioners of the Financial
Services Authority (OJK) No. KEPR-182/D.03/2025 dated October 16, 2025.
Concurrent • Permanent Member of the Asset Liabilities Committee (ALCO) of Bank Jatim.
Positions • Deputy Chairman of the Information Technology Committee of Bank Jatim.
• Permanent Member of the Credit/Financing Policy Committee of Bank Jatim.
• Permanent Member of the Bank Jatim Risk Management Committee.
• Member of the Bank Jatim Human Resources Management Committee.
• Decision-maker for the Risk Function of the Bank Jatim Credit Committee.
Does not hold concurrent positions in other public companies.
Working • Senior Vice President, National Consumer Credit Head & Risk Management Head DSP (Danamon Simpan Pinjam)
Experience PT Bank Danamon, Tbk (2005–2006).
• Director & Chief Operations Officer PT GE Finance Indonesia, ex officio sebagai Executive Committee PT ACC
(PT Astra Sedaya Finance) (2006–2009).
• General Manager, Cards Business PT BNI (Persero), Tbk (2009–2013).
• General Manager, Product Management Division, Consumer & Retail Banking PT BNI (Persero), Tbk (2013–2015).
• Director of Credit Card & Personal Loan, PT Bank Mega, Tbk (2015–2017).
• EVP (Executive Vice President) Group Head CCRA (Consumer Credit Risk & Analytics) PT Bank Mandiri (Persero) Tbk
(2017–2018).
• Finance & Business Relationship Senior Executive Vice President PT Mandiri Utama Finance penugasan dari PT Bank
Mandiri (Persero), Tbk (2018–2019).
• Finance & Business Relationship Director PT Mandiri Utama Finance penugasan dari PT Bank Mandiri (Persero), Tbk
(2019–2020).
• Director of Finance & Risk Management, PT Angkasa Pura II (Persero) (2020–2022).
• Director of IT, Consumer & Network, PT Bank Pembangunan Daerah Jawa Tengah, Tbk (2022–2025).
• Director of IT, Digital & Operations, PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–spresent).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders for Fiscal Year 2029 (First Term).
Bank Jatim
Does not own shares in Bank Jatim.
Share Ownership
110 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Affiliate Relations of Members of The Board of Directors
Table of Directors Affiliation Relations
Financial Relations, Family and Management of the Board of Directors
Financial Relations With Family Relations With
Management
Board of Board of Relations*
Name Position Board of Controlling Board of Controlling
Commis- Commis-
Directors* Shareholder* Directors* Shareholder*
sioners* sioners*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Winardi Legowo President Director √ √ √ √ √ √ √
R. Arief Vice President
√ √ √ √ √ √ √
Wicaksono Director
Medium, Corporate
Arif Suhirman Business & Network √ √ √ √ √ √ √
Director
Umi Rodiyah Compliance
√ √ √ √ √ √ √
Director
Tonny Prasetyo Micro, Retail &
Sharia Business √ √ √ √ √ √ √
Director
Raden Mas Finance, Treasury
Wahyukusumo & Global Services √ √ √ √ √ √ √
Wisnubroto Director
Wiweko IT, Digital &
√ √ √ √ √ √ √
Probojakti Operation Director
* Direct and Indirect
Education and/or Training of The Board of Directors
The description of the education and/or training of the board of Directors Fiscal Year is presented in the Chapter of Corporate
Governance.
Changes in The Composition of The Members of The Board of Directors
and The Reasons for The Changes
During 2025, there was a change in the composition of the members of the Board of Directors. Changes in the composition of
members of the Board of Directors were made based on the needs of the Bank. Changes in the composition of the members of the
Board of Directors are as follows:
Composition of The Board of Directors Before The 2024 Annual GMS
The composition of the Board of Directors of Bank Jatim before the 2024 Annual GMS consisted of 7 (seven) members, comprising
1 (one) President Director and 6 (six) Directors. The composition and basis of appointment of the Board of Directors can be seen in
the table below:
Table of the Composition and Basis of Appointment of the Board of Directors Before the 2024 Annual GMS
Name Position Executor Legal Basis of Appointment Effective Date
Busrul Iman President Director OJK Extraordinary GMS on 23 July 2020 July 23, 2020
Finance, Treasury & Global
Edi Masrianto OJK Annual GMS on 17 March 2022 January 19, 2022
Services Director
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03 Profile
Name Position Executor Legal Basis of Appointment Effective Date
Micro, Retail & Sharia
R. Arief Wicaksono OJK Annual GMS on 17 March 2022 January 19, 2022
Business Director
IT, Digital & Operation
Zulhelfi Abidin OJK Extraordinary GMS on 7 December 2022 November 30, 2022
Director
Eko Susetyono Risk Management Director OJK Extraordinary GMS on 7 December 2022 November 30, 2022
Medium, Corporate Business,
Arif Suhirman OJK Annual GMS on 12 April 2023 October 11, 2023
& Network Director
Umi Rodiyah Compliance Director OJK Annual GMS on 7 February 2024 July 1, 2024
Composition of The Board of Directors After The Annual GMS for Fiscal Year 2024
On May 22, 2025, the Annual General Meeting of Shareholders for Fiscal Year 2024 resolved:
1. Honorably discharged:
a. Busrul Iman as President Director
b. Edi Masrianto as Finance, Treasury & Global Services Director
c. Zulhelfi Abidin as IT, Digital & Operation Director
d. Eko Susetyono as Risk Management Director
2. Approved and appointed:
a. Winardi Legowo as President Director
b. R. Arief Wicaksono as Vice President Director
c. Raden Mas Wahyukusumo Wisnubroto as Finance, Treasury & Global Services Director
d. Tonny Prasetyo as Micro, Retail & Sharia Business Director
e. Wiweko Probojakti as IT, Digital & Operations Director
f. Wioga Adhiarma Aji as Risk Management Director
Accordingly, the composition of the Board of Directors of Bank Jatim after the Annual GMS for Fiscal Year 2024 totals 8 (eight)
members, consisting of 1 (one) President Director, 1 (one) Vice President Director, and 6 (six) Directors. The composition and basis
of appointment of the Board of Directors can be seen in the table below:
Table of Composition and Basis for Appointment of the Board of Directors After the Annual GMS for the 2024 Financial Year
Name Position Executor Legal Basis of Appointment Effective Date
Winardi Legowo President Director OJK Annual GMS on May 22, 2025 September 18, 2025
R. Arief Wicaksono Vice President Director OJK Annual GMS on March 17, 2022 January 19, 2022
Medium, Corporate Business,
Arif Suhirman OJK Annual GMS on April 12, 2023 October 11, 2023
and Network Director
Umi Rodiyah Compliance Director OJK Annual GMS on February 7, 2024 July 1, 2024
Micro, Retail & Sharia
Tonny Prasetyo OJK Annual GMS on May 22, 2025 October 16, 2025
Business Director
Raden Mas
Finance, Treasury & Global
Wahyukusumo OJK Annual GMS on May 22, 2025 October 16, 2025
Services Director
Wisnubroto
IT, Digital & Operation
Wiweko Probojakti OJK Annual GMS on May 22, 2025 October 16, 2025
Director
Wioga Adhiarma Aji* Risk Management Director OJK Annual GMS on May 22, 2025 -
* Referring to the Decree of the Members of the Board of Commissioners of the Financial Services Authority number KEPR-181/D.03/2025 dated October 16, 2025,
which does not approve the appointment of Mr. Wioga Adhiarma Aji as Director of Risk Management.
112 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Profile
of The Board of Commissioners
Adi Sulistyowati
Independent President Commissioner
Nationality : Indonesian Citizen
Place and Born in Purbalingga in 1967,
:
Year of Birth/ Age 58 years old as of December 31, 2025.
Domicile : Jakarta, Indonesia
Educational • Bachelor’s degree in Management Economics from Universitas Krisnadwipayana, Bekasi (1993).
Background
Certifications • Risk Management Certification Provisioning for Commissioners (2024).
• Executive Training Program for the Maintenance (Refreshment) of Banking Risk Management Certification Level 7 (2025).
Job History
Legal Basis Appointed as Independent President Commissioner at the Annual General Meeting of Shareholders (AGMS) for Fiscal
of Appointment Year 2024 of PT Bank Pembangunan Daerah Jawa Timur Tbk. on May 22, 2025, having passed the Fit and Proper Test
and declared effective by the Financial Services Authority as Independent President Commissioner based on the Copy of
Decree of the Member of the Board of Commissioners of the Financial Services Authority Number KEPR–186/D.03/2025
dated October 16, 2025.
Concurrent • Member of the Audit Committee of Bank Jatim.
Positions • Member of the Risk Monitoring Committee of Bank Jatim.
• Member of the Remuneration and Nomination Committee of Bank Jatim.
Do not hold concurrent positions in other public companies.
Working • VP Marketing and Sales of BNI (Executive Officer) (2009-2010).
Experience • Regional Head of Jakarta Senayan Tbk (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2010–2012).
• Head of Network Management Division (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2012–2015).
• Director of Network and Services (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2015–2016).
• Director of Relationship & Transactional (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2016–2018).
• Director of Institutional Relations (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2018–2020).
• Director of Services and Network (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2020).
• Acting Vice President Director (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2020).
• Vice President Director (Executive Officer) PT Bank Negara Indonesia (Persero) Tbk (2020–2024).
• Independent Commissioner (Executive Officer) PT Bank Tabungan Negara (Persero) Tbk (2024–2025).
• Special Staff for Financing and Cooperative Business Licensing, Ministry of Cooperatives (2025).
• Independent President Commissioner PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–Present).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders for Fiscal Year 2028 (First Term).
Bank Jatim Do not have shares in Bank Jatim.
Share Ownership
PT Bank Pembangunan Daerah Jawa Timur Tbk 113
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Adhy Karyono
Commissioner
Nationality : Indonesian Citizen
Place and Born in Cirebon in 1971,
:
Year of Birth/ Age 54 years old as of December 31, 2025.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Politics from Garut College of Social and Political Sciences (1996).
Background • Master of Public Administration from National Institute of Public Administration (LAN), Jakarta (2012).
Certifications Risk Management Training Program for Prospective Commissioner Members, LPPI (2023).
Job History
Legal Basis Appointed as Commissioner for the first time at the Annual General Meeting of Shareholders for Fiscal Year 2022
of Appointment on April 12, 2023, and was declared effective after passing the fit and proper test by the Financial Services Authority
as Commissioner based on Decision of Members of the Board of Commissioners of the Financial Services Authority
Number KEPR-151/D. 03/2023 dated November 24, 2023.
Concurrent • Regional Secretariat, East Java Provincial Government (2022-present).
Positions • Member of the Remuneration & Nomination Committee of Bank Jatim.
No concurrent positions in other public companies.
Working • Head of Monitoring and Evaluation Section at the Sub-Directorate for Preparedness and Mitigation of the BSKBA
Experience Directorate, Directorate General of Social Protection and Security, Ministry of Social Affairs of the Republic of Indonesia
(2006–2007)
• Head of the Standardization and Technical Guidance Section at the Sub-Directorate of Preparedness and Mitigation of
the BSKBA Directorate, Directorate General of Social Protection and Security, Ministry of Social Affairs of the Republic
of Indonesia (2007–2008)
• Head of the Standardization and Technical Guidance Section at the Emergency Response Sub-Directorate of the BSKBA
Directorate, Directorate General of Social Protection and Security, Ministry of Social Affairs of the Republic of Indonesia
(2008–2009).
• Head of Sub-Directorate for Preparedness and Mitigation of the BSKBA Directorate, Directorate General of Social
Protection and Security, Ministry of Social Affairs of the Republic of Indonesia (2009–2010).
• Head of Program and Information Division of the Secretariat of the Directorate General of Social Protection and Security,
Ministry of Social Affairs of the Republic of Indonesia (2010–2011).
• Head of Program and Reporting Division of the Secretariat of the Directorate General of Social Protection and Security,
Ministry of Social Affairs of the Republic of Indonesia (2011–2016).
• Director of Social Protection for Natural Disaster Victims (PSKBA) Directorate General of Social Protection and Security,
Ministry of Social Affairs of the Republic of Indonesia (2016–2017).
• Head of Planning Bureau of the Secretariat General, Ministry of Social Affairs of the Republic of Indonesia (2017–2020)
• Expert Staff of the Minister for Change and Social Dynamics of the Republic of Indonesia (2020–2022).
• Regional Secretary of East Java Province (2022–2024)
• Acting Governor of East Java Province (2024–2025)
• Regional Secretary of East Java Province (2025–present)
• Commissioner of PT Bank Pembangunan Daerah Jawa Timur Tbk (2023–present)
Term of Office 2023 until the closing of the Annual GMS for the 2026 Financial Year (First Period).
Bank Jatim 249,200 shares
Share Ownership
114 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Muhammad Mas’ud
Independent Commissioner
Nationality : Indonesian Citizen
Place and Born in Sidoarjo in 1964,
:
Year of Birth/ Age 61 years old as of December 31, 2025.
Domicile : Malang, Indonesia
Educational • Bachelor’s degree in State Administration from Brawijaya University, Malang (1989).
Background • Master in Management from Muhammadiyah University, Malang (1997).
• Doctor of International Politics from Flinders University, Adelaide Australia (2005).
Certifications • Risk Management Certification Program Level 7 (2025).
• Banking Risk Management Certification Refreshment Program – Qualification Level 7 (2025).
Job History
Legal Basis Appointed as Independent Commissioner for the first time at the Extraordinary General Meeting of Shareholders (EGMS)
of Appointment of PT Bank Pembangunan Daerah Jawa Timur Tbk. on June 19, 2019, Passed the Fit and Proper Test and declared
effective by the Financial Services Authority (OJK) as an Independent Commissioner based on a copy of the Decree of
the Members of the Board of Commissioners of the Financial Services Authority (OJK) No. KEP-187/D.03/2019 Dated
October 11, 2019 until the Closing of the Annual General Meeting of Shareholders (GMS) Fiscal Year 2022 held in 2023.
Reappointed as Independent Commissioner for the second time at the Annual General Meeting of Shareholders of PT
Bank Pembangunan Daerah Jawa Timur Tbk. Fiscal Year 2022 on April 12, 2023.
Concurrent • Director of Postgraduate Program of Islamic University of Malang (2019–present).
Positions • Chairman of Bank Jatim Remuneration & Nomination Committee.
• Member of Bank Jatim Risk Monitoring Committee.
• Member of Bank Jatim Audit Committee.
No concurrent positions in other public companies.
Working • Assistant to the Presidential Special Staff for Regional Development and Regional Autonomy (2011–2014).
Experience • Chairman of the Malang City Regional Research Council (2013–2016).
• Member of the Batu Mayor’s Expert Team (2015–2016).
• Special Staff to the Minister of Social Affairs for Human Resources Development and Ministry Programs (2015–2018).
• Member of the Kediri Regency Development Control and Acceleration Team (2016–2020).
• Chairman of the Bojonegoro Regency Regional Research Council (2018–2021).
• Director of Postgraduate Studies at the Islamic University of Malang (2019–present).
• Independent Commissioner of PT Bank Pembangunan Daerah Jawa Timur Tbk (April 2019–present).
Term of Office • 2019 until the closing of the Annual General Meeting of Shareholders for the 2022 Financial Year (First Period).
• 2023 until the closing of the Annual General Meeting of Shareholders for the 2026 Financial Year (Second Period).
Bank Jatim Do not have shares in Bank Jatim.
Share Ownership
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Dadang Setiabudi
Independent Commissioner
Nationality : Indonesian Citizen
Place and Born in Cimahi in 1962,
:
Year of Birth/ Age 63 years old as of December 31, 2025.
Domicile : Jakarta, Indonesia
Educational • Bachelor of Accounting, Padjadjaran University (1987)
Background • Master of Agribusiness, Bogor Agricultural Institute (1999)
Certifications • Banking Risk Management Qualification Certification in 7 Fields (2024).
• Banking Risk Management Certification Refreshment Program – Qualification Level 7 (2025).
Job History
Legal Basis Appointed as Independent Commissioner for the first time at the 2024 Extraordinary General Meeting of Shareholders
of Appointment (EGMS) of PT Bank Pembangunan Daerah Jawa Timur Tbk. on September 26, 2024. Passed the Fit and Proper Test
and was declared effective by the Financial Service Authority as an Independent Commissioner based on a Copy of
the Decision of the Members of the Board of Commissioners of the Financial Service Authority Number KEPR-133/
D.03/2024 dated November 4, 2024.
Concurrent • Chairman of the Risk Monitoring Committee of Bank Jatim.
Positions • Member of the Audit Committee of Bank Jatim.
• Member of the Remuneration & Nomination Committee of Bank Jatim.
No concurrent positions in other public companies.
Working • Director of Information Technology BPJS Kesehatan (2014–2016)
Experience • SEVP of Information Technology & Digital Banking PT Bank Negara Indonesia (Persero) Tbk (2016–2018)
• Director of Information Technology & Operations PT Bank Negara Indonesia (Persero) Tbk (2018–2020)
• Associate Director PT Torres Global Konsultan (2021–2023)
• Assessor of the Banking Professional Certification Institute (2023–2024)
• Independent Commissioner PT Bank Pembangunan Daerah Jawa Timur Tbk (2024–present).
Term of Office 2024 until the closing of the Annual GMS for the 2027 Financial Year (First Period).
Bank Jatim Does not hold shares in Bank Jatim.
Share Ownership
116 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Asri Agung Putra
Independent Commissioner
Nationality : Indonesian Citizen
Place and Born in Kota Bumi in 1964,
:
Year of Birth/ Age 61 years old as of December 31, 2025.
Domicile : Jakarta, Indonesia
Educational • Bachelor’s degree in Law from Universitas Lampung (1988).
Background • Master’s degree in Law from Universitas Lampung (2001).
• Doctorate in Legal Studies from Universitas Airlangga, Surabaya (2018).
Certifications • Briefing and strengthening program for the preparation of the Fit and Proper Test for prospective Independent
Commissioners, organized by the Risk Management Certification Body (2025).
• Banking Risk Management Certification Qualification Level 6 (Non-Tiered) (2025).
Position History
Legal Basis Appointed as Independent Commissioner at the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2024
of Appointment of PT Bank Pembangunan Daerah Jawa Timur Tbk. on May 22, 2025, having passed the Fit and Proper Test and declared
effective by the Financial Services Authority as Independent Commissioner based on the Copy of Decree of the Member
of the Board of Commissioners of the Financial Services Authority Number KEPR–212/D.03/2025 dated October 29,
2025.
Concurrent • Chairman of the Audit Committee of Bank Jatim.
Positions • Member of the Risk Monitoring Committee of Bank Jatim.
• Member of the Remuneration & Nomination Committee of Bank Jatim.
Do not hold concurrent positions in other public companies.
Working • Head of the Jayapura District Attorney’s Office (2007–2008).
Experience • Head of Sub-Directorate of Corruption at the Directorate of Investigation of the Deputy Attorney General for Special
Crimes, Attorney General’s Office of the Republic of Indonesia (2008–2010).
• Head of the Riau Islands High Prosecutor’s Office (2018).
• Director of Investigation at the Deputy Attorney General for Special Crimes, Attorney General’s Office of the Republic of
Indonesia (2018–2019).
• Head of the DKI Jakarta High Prosecutor’s Office (2019–2021).
• Secretary to the Deputy Attorney General for Special Crimes, Attorney General’s Office of the Republic of Indonesia
(2021–2022).
• Secretary to the Deputy Attorney General, Attorney General’s Office of the Republic of Indonesia (2022).
• Expert Staff to the Attorney General for Legal Consideration and Development, Attorney General’s Office of the Republic
of Indonesia (2022–2024).
• Acting Deputy Attorney General for General Crimes, Attorney General’s Office of the Republic of Indonesia (2023–2024).
• Senior Expert Prosecutor at the Education and Training Agency, Attorney General’s Office of the Republic of Indonesia
(2024–2025).
• Independent Commissioner of PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–present).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders for Fiscal Year 2028 (First Term).
Bank Jatim Do not have shares in Bank Jatim.
Share Ownership
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Affiliate Relations of Members of The Board of Commissioners
Table of Affiliation of the Board of Commissioners
Financial Relations, Family and Management of the Board of Commissioners
Financial Relations With Family Relations With
Management
Board of Board of
Board of Controlling Board of Controlling Relations*
Name Position Commis- Commis-
Directors* Shareholder* Directors* Shareholder*
sioners* sioners*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Independent
Adi Sulistyowati President √ √ √ √ √ √ √
Commissioner
Muhammad Independent
√ √ √ √ √ √ √
Mas’ud Commissioner
Adhy Karyono Commissioner √ √ √ √ √ √ √
Dadang Independent
√ √ √ √ √ √ √
Setiabudi Commissioner
Asri Agung Independent
√ √ √ √ √ √ √
Putra Commissioner
* Direct and Indirect
Education and/or Training of The Board of Commissioners
A description of the education and/or training of the Board of Commissioners Fiscal Year is presented in the Corporate Governance
Chapter.
Changes in the Composition of The Board of Commissioners
and The Reasons for The Changes
During 2025, there was a change in the composition of the members of the Board of Commissioners. Changes in the composition
of the members of the Board of Commissioners were made based on the needs of the Bank. Changes in the composition of the
members of the Board of Commissioners are as follows:
Composition of The Board of Commissioners Before The 2024 Annual GMS
The composition of the Board of Commissioners before the 2023 Annual GMS is 4 (four) people consisting of 3 (three)
Independent Commissioners and 1 (one) Commissioner. The composition and basis for the appointment of the Board of
Commissioners can be seen in the table below.
Table of Composition and Basis for Appointment of the Board of Commissioners before the 2024 Annual GMS
Name Position Executor Basis of Appointment Effective Date
Adhy Karyono Commissioner OJK Annual GMS on April 12, 2023 November 24, 2023
Extraordinary GMS on July 19, 2019
Muhammad Mas’ud Independent Commissioner OJK October 11, 2019
Annual GMS on April 12, 2023
Sumaryono Independent Commissioner OJK Annual GMS on March 17, 2022 January 19, 2022
Dadang Setiabudi Independent Commissioner OJK Extraordinary GMS on September 26, 2024 November 04, 2024
118 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Composition of The Board of Commissioners After The 2024 Annual GMS
On May 22, 2025, the Annual General Meeting of Shareholders for Fiscal Year 2024 resolved:
1. To dismiss with honor Sumaryono as Independent Commissioner.
2. To approve and appointed:
a. Adi Sulistyowati as Independent President Commissioner
b. Nurul Ghufron as Independent Commissioner
c. Asri Agung Putra as Independent Commissioner
Accordingly, the composition of the Board of Commissioners after the Annual General Meeting of Shareholders for Fiscal Year
2024 totals 6 (six) members, consisting of 1 (one) Independent President Commissioner, 4 (four) Independent Commissioners,
and 1 (one) Commissioner. The composition and basis of appointment of the Board of Commissioners can be seen in the table
below.
Table of Composition and Basis for Appointment of the Board of Commissioners after the 2024 Annual GMS
Name Position Executor Basis of Appointment Effective Date
Independent President
Adi Sulistyowati OJK Annual GMS on May 22, 2025 October 16, 2025
Commissioner
Adhy Karyono Commissioner OJK Annual GMS on April 12, 2023 November 24, 2023
Extraordinary GMS on July 19, 2019
Muhammad Mas’ud Independent Commissioner OJK October 11, 2019
Annual GMS on April 12, 2023
Dadang Setiabudi Independent Commissioner OJK Extraordinary GMS on September 26, 2024 November 04, 2024
Nurul Ghufron* Independent Commissioner OJK Annual GMS on May 22, 2025 -
Asri Agung Putra Independent Commissioner OJK Annual GMS on May 22, 2025 October 29, 2025
* Resigned with the Company’s Letter number to the Regulator number 064/646/CSE/CMAI/Srt dated November 20, 2025.
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Profile
of The Sharia Supervisory Board
KH. Afifuddin Muhajir
Chairman of the Sharia Supervisory Board
Nationality : Indonesian Citizen
Place and Born in Sampang in 1950,
:
Year of Birth/ Age 75 years old as of December 31, 2025.
Domicile : Situbondo, Indonesia
Educational • Bachelor’s degree in Tafsir Hadith from Ibrahimy University (UNIB) (1980).
Background • Masters in Islamic Law at UNISMA Malang (2001).
• Doctor Honoris Causa (Dr HC) in the field of Fiqh/Ushul Fiqh at UIN Walisongo Semarang (2021).
Certifications • Training for Sharia Supervisory LKS by DSN-MUI Institute Jakarta (2019).
• LSP Sharia Supervisory Board Certification by DSN-MUI Institute Jakarta (2019)
• LSP Sharia Supervisory Board Certification by DSN-MUI Institute Jakarta (2022)
Position History
Legal Basis Appointed as the Sharia Supervisory Board for the first time at the Annual General Meeting of Shareholders for the 2018
of Appointmentt Financial Year on April 26, 2019 based on the recommendation of the Sharia Supervisory Board based on the Letter of
the National Sharia Council – Indonesian Ulema Council Number U-805/DSN-MUI/XI/2019 Dated November 5, 2019.
Passed the Fit and Proper Test based on the Letter of the Financial Services Authority Number SR-10/KR.04/2020
Dated February 28, 2020. Reappointed as the Sharia Supervisory Board at the Annual General Meeting of Shareholders
for the 2022 Financial Year on April 12, 2023.
Concurrent • Lecturer of the Sharia Faculty of Ibrahimy University (UNIB) (1985–present).
Positions • Lecturer of Ma’had Islamic Boarding School Salafiyah Syafi’iyah Sukorejo Situbondo (1990–present).
• Chairman of the Salafiyah Syafi’iyah Islamic Boarding School Foundation Sukorejo Situbondo (2010–present)
No concurrent positions in other public companies.
Working • Lecturer at the Faculty of Sharia, Ibrahimy University (UNIB) (1985–present).
Experience • Lecturer at Ma’had Pondok Pesantren Salafiyah Syafi’iyah Sukorejo Situbondo (1990–present).
• Khatib Syuriah of the Nahdlatul Ulama Executive Board (2010–2015).
• Chairman of the Salafiyah Syafi’iyah Sukorejo Islamic Boarding School Foundation (2010–present).
• Naib Mudir of Ma’had Aly, Salafiyah Syafi’iyah Sukorejo Islamic Boarding School (2016–2021).
• Member of the Ma’had Aly Supreme Council (2018–2022).
• Rais Syuriah of the Nahdlatul Ulama Executive Board (2019–2020).
• Chairman of the Sharia Supervisory Board of PT Bank Pembangunan Daerah Jawa Timur Tbk (2019–present).
• Deputy Rais Aam of the Nahdlatul Ulama Executive Board (2022-present).
Term of Office • 2019 until the closing of the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2023 (First Term).
• 2023 until the closing of the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2026 (Second Term).
Bank Jatim Do not have shares in Bank Jatim.
Share Ownership
120 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Mohammad Nasih*
Member of the Sharia Supervisory Board
Nationality : Indonesian Citizen
Place and Born in Gresik in 1965,
:
Year of Birth/ Age 60 years old as of December 31, 2025.
Domicile : Surabaya, Indonesia
Educational • Bachelor’s degree in Economics from Universitas Airlangga, Surabaya (1991).
Background • Master’s degree in Engineering and Industrial Management from Institut Teknologi Bandung (1997).
• Doctorate in Economics from Universitas Airlangga, Surabaya (2005).
Certifications -
Position History
Legal Basis Appointed as a Member of the Sharia Supervisory Board at the Annual General Meeting of Shareholders for Fiscal Year
of Appointment 2024 on May 22, 2025.
Concurrent Do not hold concurrent positions as a member of the Board of Directors, member of the Board of Commissioners,
Positions member of the Sharia Supervisory Board and/or member of committees as well as other positions both within and
outside Issuers or Public Companies.
Working • Finance Director of Universitas Airlangga (2007–2010).
Experience • Vice Rector II of Universitas Airlangga (2010–2015).
• Rector of Universitas Airlangga (2015–2025).
• Member of the Sharia Supervisory Board of PT Bank Pembangunan Daerah Jawa Timur Tbk (2025–Present).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2028 (First Term).
Bank Jatim Do not own shares in Bank Jatim.
Share Ownership
* Effective after obtaining a recommendation from the National Sharia Council of the Indonesian Ulema Council and after passing the Fit and Proper Assessment
by the Financial Services Authority.
PT Bank Pembangunan Daerah Jawa Timur Tbk 121
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Tamhid Masyhudi*
Member of the Sharia Supervisory Board
Nationality : Indonesian Citizen
Place and Born in Sidoarjo in 1963,
:
Date of Birth/ Age 62 years old as of December 31, 2025.
Domicile : Surabaya, Indonesia
Educational Bachelor’s degree in Naval Engineering from Universitas Muhammadiyah, Surabaya (1993).
Background
Certifications -
Position History
Legal Basis Appointed as a Member of the Sharia Supervisory Board at the Annual General Meeting of Shareholders for Fiscal Year 2024
of Appointment on May 22, 2025.
Concurrent • PT Umsida Sinergi Utama (2022–present).
Positions • PT Patma Alumni Inti Sejahtera (2023–present).
• Vice Chairman for Organization, Ideology, MPKU, and MLHPB, Regional Leadership of Muhammadiyah East Java
(2022– present).
Do not hold concurrent positions in other public companies.
Working • PT Cahaya Terang Benderang (2021).
Experience • PT Umsida Sinergi Utama (2022–present).
• Vice Chairman for Organization, Ideology, MPKU, and MLHPB, Regional Leadership of Muhammadiyah East Java
(2022– present).
• PT Patma Alumni Inti Sejahtera (2023 – present).
• Member of the Sharia Supervisory Board of PT Bank Pembangunan Daerah Jawa Timur Tbk (2025 –present).
Term of Office 2025 until the closing of the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2028 (First Term).
Bank Jatim Do not own shares in Bank Jatim.
Share Ownership
* Effective after obtaining a recommendation from the National Sharia Council of the Indonesian Ulema Council and after passing the Fit and Proper Assessment
by the Financial Services Authority.
122 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Sharia Supervisory Board Members Affiliate Relations
Table of Affiliation of the Sharia Supervisory Board
Financial Relations, Family and Management of the Sharia Supervisory Board
Financial Relations With Family Relations With
Management
Board of Board of
Board of Controlling Board of Controlling Relations*
Name Position Commis- Commis-
Directors* Shareholder* Directors* Shareholder*
sioners* sioners*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Chairman
KH. Afifuddin of the Sharia
√ √ √ √ √ √ √
Muhajir Supervisory
Board
Member
Mohammad of the Sharia
√ √ √ √ √ √ √
Nasih Supervisory
Board
Tamhid Member
Masyhudi of the Sharia
√ √ √ √ √ √ √
Supervisory
Board
* Direct and Indirect
Education and/or Training of The Sharia Supervisory Board
The description of the education and/or training of the Sharia Supervisory Board is presented in the Corporate Governance Chapter.
Changes in Composition of the Sharia Supervisory Board
and the Reasons for the Changes
During 2025, there were changes in the composition of the Sharia Supervisory Board. Changes in the composition of the Sharia
Supervisory Board were carried out based on the Bank’s needs. The changes in the composition of the Sharia Supervisory Board are
as follows:
Composition of The Sharia Supervisory Board Before The Annual GMS for Fiscal Year 2024
The composition of the Sharia Supervisory Board before the Annual General Meeting of Shareholders for Fiscal Year 2024
consisted of 2 (two) members, comprising 1 (one) Chairman of the Sharia Supervisory Board and 1 (one) Member of the Sharia
Supervisory Board. The composition and basis of appointment of the Sharia Supervisory Board can be seen in the table below.
Table of Composition and Basis of Appointment of the Sharia Supervisory Board
Before the Annual General Meeting of Shareholders for Fiscal Year 2024
Name Position Executor Basis of Appointment Effective Date
AGMS for Fiscal Year 2018
KH. Afifuddin Muhajir Chairman OJK February 28, 2020
on April 26, 2019
AGMS for Fiscal Year 2022
Sukadiono Member OJK March 25, 2024
on April 12, 2023
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Composition of The Sharia Supervisory Board After The Annual GMS for Fiscal Year 2024
On May 22, 2025, the Annual General Meeting of Shareholders for Fiscal Year 2024 resolved:
1. To dismiss with honor Sukadiono as Member of the Sharia Supervisory Board.
2. To approve and appoint:
a. Mohammad Nasih as Member of the Sharia Supervisory Board
b. Tamhid Masyhudi as Member of the Sharia Supervisory Board
Accordingly, the composition of the Sharia Supervisory Board after the Annual General Meeting of Shareholders for Fiscal Year
2024 consists of 3 (three) members, comprising 1 (one) Chairman of the Sharia Supervisory Board and 2 (two) Member of the
Sharia Supervisory Board. The composition and basis of appointment of the Sharia Supervisory Board can be seen in the table below.
Table of Composition and Basis of Appointment of the Sharia Supervisory Board
After the Annual General Meeting of Shareholders for Fiscal Year 2024
Name Position Executor Basis of Appointment Effective Date
AGMS for Fiscal Year 2018
KH. Afifuddin Muhajir Chairman OJK February 28, 2020
on April 26, 2019
OJK Still in the process
Mohammad Nasih Member Annual GMS on May 22, 2025
of the Fit and Proper Test
OJK Still in the process
Tamhid Masyhudi Member Annual GMS on May 22, 2025
of the Fit and Proper Test
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Executive Official
Profile
Profile of Senior Executive Vice President (SEVP)
Wioga Adhiarma Aji
Acting SEVP Micro, Retail & Consumer
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1978. 47 years old as of December 2025.
Educational History • Bachelor of Law from Panca Marga University, Probolinggo (2002).
• Master of Law from the University of 17 Agustus 1945, Surabaya (2020).
Legal Basis of Appointment Since 2025, served as Acting SEVP Micro, Retail & Consumer based on Directors’ Decree No. 064/060/DIR/
HCP/KEP dated November 17, 2025.
Work Experience Joined Bank Jatim in 1997. Prior to his current position, served as Head of Operations of Bojonegoro Branch
(2012), Head of Bojonegoro Branch (2013), Head of Operations of Main Branch (2018), Head of Kediri Branch
(2020), Acting Head of General Division (2022), Vice President Corporate Secretary (2023), Acting SEVP Legal
and Human Capital (2024).
Concurrent Positions • Permanent Member of the Asset Liabilities Committee (ALCO) of Bank Jatim.
• Permanent Member of the Risk Management Committee of Bank Jatim.
• Permanent Member of the Information Technology Committee of Bank Jatim.
• Permanent Member of the Product Committee of Bank Jatim.
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Mugni Nurachman
Acting SEVP of Legal & Human Capital
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1971. 54 years old as of December 2025.
Educational History • Bachelor of Laws from the Islam Indonesia Yogyakarta University (1995).
• Master of Management Program from Wijaya Putra University (2006).
Legal Basis of Appointment Since 2025, served as Acting SEVP Legal and Human Capital based on the appointment letter 064/792/HCP/
HOHC/SRT dated July 7, 2025.
Work Experience Joined Bank Jatim in 1997. Prior to his current position, served as Branch Manager of the Kediri Branch of the
American Branch (2014), Senior Analyst of the Legal Litigation Group of the Legal Division (2016), Acting Head
of the Legal Litigation Sub-Division of the Legal Division (2018), Head of the Legal Litigation Sub-Division of the
Legal Division (2018), Jombang Branch Manager (2020), Head of the Legal Litigation Sub-Division of the Legal
Division (2021), Vice President of the Legal Division (2023).
Concurrent Positions • Permanent Member of the Asset Liabilities Committee (ALCO) of Bank Jatim.
• Permanent Member of the Risk Management Committee of Bank Jatim.
• Member of the Personnel Management Committee of Bank Jatim.
• Permanent Member of the Information Technology Committee of Bank Jatim.
Handayanto
Acting SEVP of Information Technology
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1975. 50 years old as of December 2025.
Educational History Bachelor of Computer Science, Sepuluh Nopember Institute of Technology (2000).
Legal Basis of Appointment Since 2025, served as Acting SEVP of Information Technology based on the appointment letter 064/452/HCP/
HOHC/SRT dated April 25, 2025.
Work Experience Joined Bank Jatim in 2005. Prior to his current position, served as Head of the IT Development Sub-Division
(2015), Head of the IT Support & Operations Sub-Division (2016), Head of the Goods and Services Procurement
Sub-Division (2020), and Vice President of the IT Division (2024).
Concurrent Positions • Permanent Member of the Asset Liabilities Committee (ALCO) of Bank Jatim.
• Permanent Member of the Risk Management Committee of Bank Jatim.
• Permanent Member of the Information Technology Committee of Bank Jatim.
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Profile of Vice President (VP)
Herijadi Widodo
VP of Internal Audit Division
Indonesian citizen, domiciled in Sidoarjo, Indonesia.
Born in Surabaya in 1971. 54 years old as of December 2025.
Educational History Bachelor of Laws, Sunan Bonang University (1999).
Legal Basis of Appointment Since 2024, served as Vice President of the Internal Audit Division based on the Board of Directors’ Decree
No. 063/015/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 1993. Prior to his current position, served as Head of Credit Division of Main Branch (2017),
Head of Jakarta Branch (2020), Acting Head of Main Branch (2022), Acting Vice President General (2023).
M. Machfud Hidayat
VP of Digital Banking Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1969. 56 years old as of December 2025.
Educational History Bachelor of Economics from Wijaya Putra University (2001).
Legal Basis of Appointment Since 2023, served as Action Vice President of Digital Banking based on the Decree of the Board of Directors
No. 062/041/DIR/HCP/ KEP May 31, 2023.
Work Experience Joined Bank Jatim in 1993. Before holding the current position, he previously served as PBO assigned to the
Fund Services and Foreign Affairs Division (2014), Head of Taxation Sub-Division in the Accounting Division
(2015), Head of Financial Control & Taxation Sub-Division (2017), Head of IT Development Sub-Division (2018),
Head of Digital Development Sub-Division (2021), and Head of Digital Banking Unit (2022).
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Deddy Aji Wijaya
Acting Vice President of Strategic Planning and Performance Management Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Banyuwangi in 1980. Age 45 as of December 2025.
Educational History • Bachelor of Development Economics, University of Jember (1998–2002)
• Master (S2) of Management, Universitas Brawijaya (2002–2004)
Legal Basis of Appointment Since 2025, served as Acting Vice President of the Strategic Planning and Performance Management Division
based on Directors’ Decree No. 064/003/LHC/HCP/KEP dated January 22, 2025.
Work Experience Joined Bank Jatim in 2003. Prior to his current position, served as Pasuruan Branch Manager (2020), Malang
Branch Manager (2022), Sidoarjo Branch Manager (2023), AVP of Ecosystem & Digital Business Development
(2024).
Kamiliah
Vice President of Micro Credit Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Banyuwangi in 1969. Age 60 as of December 2025.
Educational History Bachelor of Economics from Abdurachman Saleh University, Situbondo (2003).
Legal Basis of Appointment Since 2024, served as Action Vice President of Micro Credit based on the Decree of the Board of Directors
No. 063/007/CPT/HCP/KEP dated July 8, 2024.
Work Experience Joined Bank Jatim in 1992. Before holding the current position, he previously served as Head of Operational
Division at Mojokerto Branch (2014), Head of Nganjuk Branch (2017), Head of Tulungagung Branch (2021),
Head of Madiun Branch (2022), and Head of Malang Branch (2023).
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Firman Iswahyudi M.
VP of Credit Collection and Recovery Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Purworejo in 1968. 57 years old as of December 2025.
Educational History • Master of Management, Artha Bodhi Iswara College of Economics (2002).
• Doctor of Management Sciences, Indonesian College of Economics (2019).
Legal Basis of Appointment Since 2025, served as Vice President of the Credit Collection and Recovery Division based on Directors’ Decree
No. 064/010/LHC/HCP/KEP dated August 4, 2025.
Work Experience Joined Bank Jatim in 1994. Prior to his current position, he served as Pamekasan Branch Manager (2020),
Gresik Branch Manager (2021), Commercial and Corporate Credit Rescue and Settlement Sub-Division Leader
(2022), VP of Retail & Medium Credit Division (2024); VP of Credit Administration Division (2024).
Mochammad Anto Fachrudin
Acting VP of Retail Credit Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Malang in 1976. 49 years old as of December 2025.
Educational History Bachelor of Industrial Engineering, Institut Teknologi Nasional Malang (1999)
Legal Basis of Appointment Since 2025, serving as Acting Vice President of Retail Credit based on the Board of Directors Decree No. 064/
011/LHC/HCP/KEP dated August 5, 2025.
Work Experience Joined Bank Jatim in 2007. Prior to the current position, previously served as Branch Head of Kepanjen (2022),
Branch Head of Blitar (2023), and Branch Head of Banyuwangi (2024).
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Wawan Budi Rachmanto
Acting VP of Risk Management Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Probolinggo in 1979. 46 years old as of December 2025.
Educational History Master’s degree in Management from UPN Veteran Jawa Timur (2016).
Legal Basis of Appointment Since 2025, serving as Acting Vice President of Risk Management Division based on the Board of Directors
Decree No. 063/018/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 2009. Prior to the current position, previously served as Branch Head of Probolinggo
(2019), Branch Head of Kraksaan (2021), and Branch Head of Jember (2022).
Tri Laksono
VP of General Affairs Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1979. 46 years old as of December 2025.
Educational History Bachelor’s degree in Engineering Physics from ITS Surabaya.
Legal Basis of Appointment Since 2025, serving as Vice President of General Affairs based on the Board of Directors Decree No. 063/015
CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 2007. Prior to the current position, previously served as Head of IT Audit Sub-Division
(2020), Head of Policy & Human Capital Development Sub-Division (2021), and AVP of Procurement of Goods
& Services (2024).
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Mukhlison
VP of Medium Corporate & Syndication Credit Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Jombang in 1974. 51 years old as of December 2025.
Educational History Bachelor of Economics from Wijaya Putra University, Surabaya (2001)
Legal Basis of Appointment Since 2022, served as Acting Vice President of Commercial, Corporate and Syndication Loan Division based on
Board of Directors Decree No. 061/076/DIR/HCP/KEP dated May 12, 2022.
Work Experience Joined Bank Jatim in 1995. Before holding the current position, he previously served as Head of Operational
Division at Pacitan Branch (2012), Head of Operational Division at Jombang Branch (2013), Head of
Probolinggo Branch (2015), Head of Sub-Division in the Medium Corporate and Syndication Credit Division
(2018), and Acting Head of the Commercial, Corporate & Syndication Credit Division (2021).
Troy Wahana Seta
Acting VP of Legal Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1975. 50 years old as of December 2025.
Educational History • Bachelor of Law, Universitas Negeri Surabaya (1998)
• Master of Law, Universitas Negeri Surabaya (2002)
Legal Basis of Appointment Since 2025, served as Acting Vice President of the Legal Division based on Directors’ Decree No. 064/ 0822/
HCP/HOHC/SRT dated July 9, 2025.
Work Experience Joined Bank Jatim in 2002. Prior to his current position, he served as Head of the Litigation Law Sub-Division
(2022), AVP of Case Handling (2023).
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Agus Sastriono
VP of Credit Administration Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1971. 54 years old as of December 2025.
Educational History • Bachelor’s degree in Accounting Education from Institut Keguruan dan Ilmu Pendidikan Surabaya (1995).
• Master’s degree in Management from Sekolah Tinggi Ilmu Ekonomi Artha Bodhi Iswara.
Legal Basis of Appointment Since 2025, serving as Vice President of Credit Administration based on the Board of Directors Decree
No. 064/010/LHC/HCP/KEP dated August 4, 2025.
Work Experience Joined Bank Jatim in 1997. Prior to the current position, previously served as Branch Head of Banyuwangi
(2020), Branch Head of Jakarta (2022), Head of Credit Division at Main Branch (2023), VP of Consumer Credit
Division (2024), VP of Institutional Relations Division (2024).
Fenty Rischana K
Acting VP of Corporate Secretary
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Banyuwangi in 1983. 42 years old as of December 2025.
Educational History • Bachelor of Law, Universitas Airlangga (2001–2005)
• Master of Law, Universitas Dr. Soetomo (2019–2021)
Legal Basis of Appointment Since 2025, serving as Acting Vice President Corporate Secretary based on the Board of Directors Decree
No. 064/003/LHC/HCP/KEP dated January 22, 2025.
Work Experience Joined Bank Jatim in 2006. Prior to the current position, he/she has served as Head of Kejapanan Sub-Branch
(2015), Head of Injoko Sub-Branch (2016–2018), Senior Officer of the Remuneration & Welfare Group, Human
Capital Operations Sub-Division (2018–2020), Head of Human Capital Operations Sub-Division (2021–2023),
and Head of Dr. Soetomo Surabaya Branch (2024–2025).
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Glemboh Priambodo
VP of Policy & Procedure Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Malang in 1970. 55 years old as of December 2025.
Educational History • Bachelor’s degree in Law from Universitas Surabaya (1997).
• Master’s degree in Law from Universitas 17 Agustus Surabaya (2001).
• Master’s degree in Management from STIE ABI Surabaya (2003).
• Doctorate in Law from Universitas Tujuh Belas Agustus 1945 (2022).
Legal Basis of Appointment Since 2025, serving as Vice President of Policy & Procedure Division based on the Board of Directors Decree
No. 063/018/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 1997. Prior to the current position, previously served as Senior Analyst of External
Communication Sub-Division (2015), Senior Analyst of Priority Banking Sub-Division (2015), Acting Branch
Head of Dr. Soetomo (2016), Branch Head of Dr. Soetomo (2017), Head of Corporate Secretary (2018), Head
of Main Branch of Bank Jatim (2021), Head of Compliance & Governance Division (2022), VP of Subsidiary
Management Division (2023).
R. Wahyu Tedjasukmana
VP of Treasury Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Banyuwangi in 1972. 53 years old as of December 2025.
Educational History Bachelor’s degree in Engineering from Institut Teknologi Sepuluh Nopember (2000).
Legal Basis of Appointment Since 2024, serving as Vice President of Treasury based on the Board of Directors Decree No. 063/008/CPT/
HCP/KEP dated August 22, 2024.
Work Experience Joined Bank Jatim in 2005. Prior to the current position, previously served as Branch Head of Sharia Jember (2015),
Branch Head of Sharia Kediri (2019).
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R. Deni Mahendra
VP of Accounting and Financial Management Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Situbondo in 1973. 52 years old as of December 2025.
Educational History Bachelor’s degree in Accounting from Universitas Brawijaya (1998).
Legal Basis of Appointment Since 2023, serving as Acting Vice President of Accounting and Financial Management Division based on the
Board of Directors Decree No. 062/055/DIR/HCP/KEP dated July 5, 2023.
Work Experience Joined Bank Jatim in 2005. Prior to the current position, previously served as Head of Financial Control & Tax
Sub-Division (2018), Branch Head of Tuban (2020), Branch Head of Mojokerto (2022).
Herry Setya Yudakka
VP of Compliance & APU PPT PPP SPM Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Gresik in 1977. 48 years old as of December 2025.
Educational History Bachelor’s degree in Industrial Engineering from Universitas Pembangunan Nasional Veteran Jawa Timur (2000).
Legal Basis of Appointment Since 2025, serving as Vice President of Compliance & APU PPT PPP SPM Division based on the Board of
Directors Decree No. 063/018/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 2005. Prior to the current position, previously served as Branch Head of Malang (2020),
Head of Credit Division at Main Branch (2022), Acting Head of Product Development Division (2023), VP of
Policy & Procedure Division (2024).
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Putu Denny Hariwidyanta
VP of Subsidiary Management Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Denpasar in 1977. 48 years old as of December 2025.
Educational History Bachelor’s degree in Computer Science from Sekolah Tinggi Teknik Surabaya (2002).
Legal Basis of Appointment Since 2025, serving as Acting Vice President of Compliance and APU PPT based on the Board of Directors
Decree No. 064/007/LHC/HCP/KEP dated April 30, 2025.
Work Experience Joined Bank Jatim in 2006. Prior to the current position, previously served as Head of Product Development
& Policy Sub-Division of Fund Services (2018), Head of Operational Division at Main Branch (2022),
VP of Compliance & APU PPT (2023), VP of Subsidiary Management Division (2024).
Slamet Purwanto
VP of Human Capital Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1979. 46 years old as of December 2025.
Educational History • Bachelor’s degree in Computer Science from Sekolah Tinggi Manajemen Informatika & Teknik Komputer
(STIKOM) Surabaya (2004).
• Master’s degree in Management from UPN Veteran Jawa Timur (2016).
Legal Basis of Appointment Since 2023, serving as Acting Vice President of Human Capital Division based on the Letter of Appointment
No. 062/055/DIR/HCP/KEP dated July 5, 2023.
Work Experience Joined Bank Jatim in 2006. Prior to the current position, previously served as Head of Investor Relation
Corporate Secretary Sub-Division (2015), Head of Human Capital Development Sub-Division (2020), Head of
Learning Center Sub-Division (2021), Acting Vice President of Human Capital Division (2023).
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M. Pramudya Iskandar
VP of Sharia Business Unit
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Sukabumi in 1968. 57 years old as of December 2025.
Educational History • Bachelor’s degree in Economics and Development Studies from Universitas Padjadjaran.
• Master’s degree in Management from Universitas Gadjah Mada.
Legal Basis of Appointment Since 2025, serving as Vice President of Sharia Business Unit based on the Letter of Appointment No. 064/015/
LHC/HCP/KEP dated September 19, 2025.
Work Experience Joined Bank Jatim in 2009. Prior to the current position, previously served as Head of Operational Division of
Sharia Branch Gresik (2015), Head of Sub-Division established as Sharia Spin Off Team (2016), Head of Sharia
Financing Sub-Division (2016), VP of Sharia Business Support (2023), VP of Sharia Business (2024).
Melvin
VP of Business Distribution & Service Excellent Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Padang in 1976. 49 years old as of December 2025.
Educational History Bachelor’s degree in Informatics Engineering from Institut Teknologi Indonesia (1999).
Legal Basis of Appointment Since 2025, serving as Vice President of Business Distribution & Service Excellence Division based on the
Letter of Appointment No. 064/015/LHC/HCP/KEP dated September 19, 2025.
Work Experience Joined Bank Jatim in 2010. Prior to the current position, previously served as Acting Head of Operational
Division assigned to IT Division (2014), Acting Head of IT Development Sub-Division (2016), Head of Accounting
& Financial Reporting Sub-Division (2018), VP of Network Management & Services Division (2023).
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R. Sonny Soelaksono
VP of Operations Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Jakarta in 1974. 51 years old as of December 2025.
Educational History • Bachelor of Informatics Management from Sekolah Tinggi Manajemen Informatika dan Komputer, Jakarta
(1997)
• Master of Management from Universitas Dr. Soetomo, Surabaya (2020)
Legal Basis of Appointment Since 2025, serving as Vice President of Operations Division based on the Board of Directors Decree No. 063/
018/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 2005. Prior to the current position, previously served as Head of IT Audit Sub-Division
(2021), AVP of IT Planning & Governance (2023).
Setya Erry Nugraha
VP of Credit Risk Analysis Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Serang in 1978. 47 years old as of December 2025.
Educational History Bachelor’s degree in Management Economics from STIE IEU Yogyakarta (2001).
Legal Basis of Appointment Since 2023, serving as Vice President of the Credit Risk Analysis Division based on the Board of Directors
Decree No. 062/050/DIR/HCP/KEP dated June 22, 2023.
Work Experience Joined Bank Jatim in 2015. Prior to the current position, previously served as Branch Head of Perak (2015),
Branch Head of HR. Muhammad (2015), Branch Head of Perak (2017), Head of Corporate Middle Credit
Syndication Sub-Division (2019), Head of Credit Division at Main Branch (2020), Acting Head of Business Risk
Division (2022), Acting Head of Credit Risk Division (2022).
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Syaiful Bakhri
Acting VP of Information Technology Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Bojonegoro in 1978. 47 years old as of December 2025.
Educational History Bachelor’s degree in Computer Science from Sekolah Tinggi Manajemen Informatika and Komputer Budi Luhur
(2001).
Legal Basis of Appointment Since 2025, serving as Acting Vice President of Information Technology based on the Letter of Appointment
No. 064/0948/HCP/HOHC/SRT dated August 11, 2025.
Work Experience Joined Bank Jatim in 2001. Prior to the current position, previously served as Head of IT Governance &
Security Sub-Division of Information Technology Division (2018), AVP of Infrastructure & Operations of
Information Technology Division (2023).
Yetty Fitria Suprapto
VP of Fund and Services Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Pasuruan in 1978. 47 years old as of December 2025.
Educational History Bachelor’s degree in Economics from Universitas Merdeka Malang (2001).
Legal Basis of Appointment Since 2024, serving as Acting VP of Fund and Services Division based on the Letter of Appointment No. 063/
009/CPT/HCP/KEP dated September 3, 2024.
Work Experience Joined Bank Jatim in 2006. Prior to the current position, previously served as Acting Head of Operational
Division of Gresik Branch (2012), Acting Branch Head of Nganjuk (2013), Head of Priority Banking and Custodian
Sub-Division of Institutional Relations and Business Division (2017), Branch Head of Ponorogo (2019), Branch
Head of Ngawi (2021), Branch Head of Madiun (2023).
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Rachman Subiyantoro
VP of Institutional Relations Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Sumenep in 1969. 56 years old as of December 2025.
Educational History Master’s degree from Universitas 17 Agustus 1945 Surabaya.
Legal Basis of Appointment Since 2025, serving as Vice President of the Institutional Relations Division based on the Board of Directors
Decree No. 064/ 011/LHC/HCP/KEP dated August 5, 2025.
Work Experience Joined Bank Jatim in 1993. Prior to the current position, previously served as Branch Head of Sumenep (2013),
Head of Credit Risk Division (2017), Head of Fund Services and E-Banking Division (2019), Head of Operations
Division (2020), Head of Consumer Credit Division (2022).
Hening Tri Ujianti Rahayu
Acting VP of International Banking Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Surabaya in 1973. 52 years old as of December 2025.
Educational History Bachelor’s degree in English Literature from Universitas Airlangga (1991).
Legal Basis of Appointment Since 2025, serving as Vice President of the International Banking Division based on the Board of Directors
Decree No. 063/016/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 1997. Prior to the current position, previously served as Acting Head of Trade Finance
Sub-Division (2021), Head of Trade Finance Sub-Division (2022), AVP of Business Processing Trade Finance &
Remittance (2023–2024).
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Pjs. VP Divisi Kredit Konsumer
Diana Safitri
Acting VP of Consumer Credit Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Banyuwangi in 1976. 49 years old as of December 2025.
Educational History Bachelor of Economics, University of Jember (2001)
Legal Basis of Appointment Since 2025, serving as Acting Vice President of the International Banking Division based on the Board of
Directors Decree No. 063/016/CPT/HCP/KEP dated December 31, 2024.
Work Experience Joined Bank Jatim in 2004. Prior to the current position, previously served as Branch Head of Bondowoso
(2020), Branch Head of Perak Surabaya (2021), Branch Head of Pasuruan (2023), Branch Head of Madiun
(2024).
Vicky Cally Simanjuntak
Acting VP of Chief Information Security Officer Division
Indonesian citizen, domiciled in Surabaya, Indonesia.
Born in Banyuwangi in 19796. 46 years old as of December 2025.
Educational History • Bachelor of Informatics Management, STIKOM Surabaya (1998–2002)
• Master in Management, Universitas Pembangunan Nasional Jawa Timur (2010–2012)
Legal Basis of Appointment Since 2025, served as Acting VP of the Chief Information Security Officer Division based on Directors’ Decree
No. 064/015/LHC/HCP/KEP dated September 19, 2025.
Work Experience Joined Bank Jatim in 2009. Prior to his current position, served as Head of the IT Development Sub-Division
(2021), AVP of Application Management (2023), AVP of Information Technology Security (2024).
140 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Employee
Profile
Number of Employees by Gender
Table of Number of Employees by Gender (in person)
Gender 2025 2024
Male 4,483 4,432
Female 3,060 2,934
Total 7,543 7,366
Number of Employees by Position Level
Table of Number of Employees by Position Level (in person)
2025 2024
Position Level
Male Female Total Male Female Total
NO 200 1 201 213 - 213
S, C & T 1,434 1,379 2,813 1,441 1,389 2,830
Pll, Pngl, PKF, Au, ARM and An 526 438 964 530 449 979
PBO, PCP, S.Au & RM 176 104 280 200 131 331
AVP, PC & PB 68 41 109 64 37 101
VP & PCU 28 5 33 27 4 31
SEVP 1 - 1 1 4 5
TAD 1,895 318 2,213 1,788 242 2,030
JIP 155 774 929 168 678 846
Total 4,483 3,060 7,543 4,432 2,934 7,366
Description:
NO : Non-Administrative S.Au : Senior Auditor
S, C, & T : Staff, Prospective Employees & Contract Employee RM : Relationship Manager
PII : Supervisor AVP : Assistant Vice President
PKF : Head of Functional Office PC : Branch Manager
Au : Auditor PB : Division Head
ARM : Assistant Relation Manager VP : Vice President
An : Analyst PCU : Head of Main Branch
PBO : Head of Operational Division SEVP : Senior Excecutive Vice President
Pngl : Manager TAD : Outsourced Personnel
PCP : Head of Sub-Branch Office JIP : Jatim Internship Program
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Company
03 Profile
Number of Employees by Range of Age
Table of Number of Employees by Range of Age (in person)
2025 2024
Range of Age
Male Female Total Male Female Total
< 30 Years Old 819 1.200 2,019 679 429 1,108
30 - 54 Years Old 3,570 1.801 5.371 104 67 171
> 54 Years Old 94 59 153 3,649 2,438 6,087
Total 4,483 3,060 7,543 4,432 2,934 7,366
Number of Employees by Education Level
Table of Number of Employees by Education Level (in person)
2025 2024
Education Level
Male Female Total Male Female Total
Non Strata 1,804 449 2,253 1,790 419 2,209
S1 2,440 2,452 4,892 2,429 2,377 4,806
S2 234 158 392 209 137 346
S3 5 1 6 4 1 5
Total 4,483 3,060 7,543 4,432 2,934 7,366
Number of Employees by Employment Status
Table of Number of Employees by Employment Status (in person)
2025 2024
Employment Status
Male Female Total Male Female Total
Permanent employees 2.396 1.937 4.333 2,397 1,953 4,350
Temporary employees 37 31 68 79 61 140
Outsourcing 1.895 318 2.213 1,788 242 2,030
Internship 155 774 929 168 678 846
Total 4.483 3.060 7.543 4,432 2,934 7,366
142 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Competency Development
In 2025, Bank Jatim implemented competency development programs focused on business performance priorities and
employee needs. These programs were conducted through in-house training in collaboration with external and internal parties,
as well as public training. Throughout 2025, a total of 4,771 employees out of 5,293 employees participated in training programs
aligned with their respective positions and needs.
Table of Competency Development 2025
Number of
No. Field of Competence Objectives
participants
1. Funding 922 To enhance strategies in effective marketing
2. Lending 1,777 To provide expertise in the lending sector
3. Supporting 700 To improve operational capabilities
4. Business 1,163 To support the Bank’s business development
5. Information Technology 209 To maximize capabilities in the information technology field
Evaluation of Competency Competency Development Cost
Development Implementation
In 2025, Bank Jatim provided education and training to 4,771 The realization of the education and training budget in 2025
employees out of a total of 5,293 employees, representing decreased from IDR 54.401 billion in 2024 to IDR 42.368
89.93% of the workforce who participated in competency billion in 2025. This was achieved through efficiency measures
development programs. This achievement was supported by while maintaining the optimization of education and training
the use of e-learning technology and easily accessible content conditions, prioritizing senior employees with the objective
that can be flexibly accessed anytime and anywhere. In terms that the knowledge gained can be cascaded to employees in
of composition, 33.11% of the training programs implemented lower-level units. This condition is also reflected in the budget
were aimed at supporting business competencies, while 66.90% absorption rate, which reached 50.00% in 2025. This was
were aimed at supporting business competencies. Based partly driven by the effective implementation of education and
on the type of competency development activities, a total of training activities conducted both online and offline to support
943 employees participated in public training programs, while the Bank’s business activities.
3,828 employees participated in in-house training programs.
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Company
03 Profile
Shareholders
Composition
Table of Shareholder Composition of Bank Jatim as of January 1, 2025
Share Ownership Structure
Shareholders
Number of Shares Value (IDR) Ownership
SERIES A SHARES
East Java Provincial Government 7,676,913,648 1,919,228,412,000 51.13%
Surabaya City 319,243,457 79,810,864,250 2.13%
Malang City 108,635,999 27,158,999,750 0.72%
Madiun City 134,064,427 33,516,106,750 0.89%
Mojokerto City 72,091,751 18,022,937,750 0.48%
Kediri City 14,208,273 3,552,068,250 0.09%
Probolinggo City 17,397,927 4,349,481,750 0.12%
Blitar City 16,987,084 4,246,771,000 0.11%
Pasuruan City 100,075,767 25,018,941,750 0.67%
Batu City 38,236,741 9,559,185,250 0.25%
Gresik Regency 220,213,170 55,053,292,500 1.47%
Malang Regency 253,635,445 63,408,861,250 1.69%
Mojokerto Regency 78,373,801 19,593,450,250 0.52%
Madiun Regency 32,660,478 8,165,119,500 0.22%
Kediri Regency 144,925,510 36,231,377,500 0.97%
Probolinggo Regency 125,931,454 31,482,863,500 0.84%
Blitar Regency 39,496,395 9,874,098,750 0.26%
Pasuruan Regency 44,610,500 11,152,625,000 0.30%
Bojonegoro Regency 300,288,632 75,072,158,000 2.00%
Magetan Regency 19,594,792 4,898,698,000 0.13%
Tulungagung Regency 70,697,975 17,674,493,750 0.47%
Trenggalek Regency 84,640,532 21,160,133,000 0.56%
Pacitan Regency 53,520,271 13,380,067,750 0.36%
Lamongan Regency 101,318,315 25,329,578,750 0.67%
Ponorogo Regency 23,555,596 5,888,899,000 0.16%
Banyuwangi Regency 270,036,117 67,509,029,250 1.80%
Tuban Regency 217,418,404 54,354,601,000 1.45%
Jember Regency 111,866,875 27,966,718,750 0.75%
Ngawi Regency 215,763,995 53,940,998,750 1.44%
Jombang Regency 26,792,899 6,698,224,750 0.18%
Bondowoso Regency 87,207,357 21,801,839,250 0.58%
Lumajang Regency 67,206,045 16,801,511,250 0.45%
144 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 145
The composition of shareholders as of December 31, 2025, remains unchanged
and is the same as the composition
as of January 1, 2025.
Annual Report
2025
Share Ownership Structure
Shareholders
Number of Shares Value (IDR) Ownership
Sidoarjo Regency 370,155,850 92,538,962,500 2.47%
Situbondo Regency 76,374,593 19,093,648,250 0.51%
Nganjuk Regency 77,217,854 19,304,463,500 0.51%
Pamekasan Regency 40,592,928 10,148,232,000 0.27%
Sumenep Regency 144,228,431 36,057,107,750 0.96%
Bangkalan Regency 36,793,459 9,198,364,750 0.25%
Sampang Regency 101,175,235 25,293,808,750 0.67%
SERIES B SHARES
Public 3,081,350,100 770,337,525,000 20.52%
TOTAL 15,015,498,082 3,753,874,520,500 100%
The composition of shareholders as of December 31, 2025, remains unchanged and is the same as the composition as of January 1,
2025.
Composition of 20 Largest Shareholders
Table of Composition of the 20 Largest Shareholders of Bank Jatim as of January 1, 2025
Number
No. Shareholders Status Ownership
of Shares
1. PT TASPEN (ASURANSI) - FVTPL 414,504,700 Limited Company 2.76%
2. PEMDA TINGKAT II KABUPATEN SIDOARJO 370,155,850 Regional Government 2.47%
3. PEMDA TINGKAT II KOTA SURABAYA 319,243,457 Regional Government 2.13%
4. PEMDA TINGKAT II KABUPATEN BOJONEGORO 300,288,632 Regional Government 2.00%
5. PEMDA TINGKAT II KABUPATEN BANYUWANGI 270,036,117 Regional Government 1.80%
6. PEMDA TINGKAT II KABUPATEN MALANG 253,635,445 Regional Government 1.69%
7. PEMDA TINGKAT II KABUPATEN GRESIK 220,213,170 Regional Government 1.47%
8. PEMDA TINGKAT II KABUPATEN TUBAN 217,418,404 Regional Government 1.45%
9. PEMDA TINGKAT II KABUPATEN NGAWI 215,763,995 Regional Government 1.44%
10 CITIBANK LONDON S/A EQ EMERGING DIVIDEND FUND 97,017,100 Institution - Foreign 0.65%
11. CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 16 86,755,000 Institution - Foreign 0.58%
12. PT INDO PREMIER SEKURITAS 81,288,400 Individual Indonesia 0.54%
13. BNYM RE ACADIAN EM MKTS SM ALL CAP EQ FD LLC 41,313,590 Institution - Foreign 0.28%
14. PANIN SEKURITAS, PT 40,999,700 Institution - Foreign 0.27%
CITIBANK NEW YORK S/A GEORGETOWN EMERGING
15. 31,386,200 Individual Indonesia 0.21%
MARKETS FUND SPC LIMITED-SIERRA DORADA FUND SP
16. PT CEALMI KHIEZT INDONESIA 30,370,400 Limited Company 0.20%
CITIBANK NEW YORK S/A EMERGING MARKETS CORE
17. EQUITY PORTFOLIO OF DFA INVESTMENT DIMENSIONS 29,498,300 Limited Company 0.20%
GROUP INC
18. BNYM RE ENSIGN PEAK ADV, INC. 25,079,800 Individual Indonesia 0.17%
PT Bank Pembangunan Daerah Jawa Timur Tbk 145
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Company
03 Profile
Number
No. Shareholders Status Ownership
of Shares
19. PT PRUDENTIAL LIFE ASSURANCE - REF 17,580,300 Individual Indonesia 0.12%
BNPP FFT/2S/UI BVK
20. KAPITALVERWALTUNGSGESELLSCHAFT MBH ON BEHALF 17,265,900 Institution - Foreign 0.11%
OF BAYVK A2-FONDS
Table of Composition of the 20 Largest Shareholders of Bank Jatim as of December 31, 2025
Number
No. Shareholders Status Ownership
of Shares
1. PT TASPEN (ASURANSI) - FVTOCI 414,504,700 Limited Company 2 .76%
2. PEMDA TINGKAT II KABUPATEN SIDOARJO 370,155,850 Regional Government 2.47%
3. PEMDA TINGKAT II KOTA SURABAYA 319,243,457 Regional Government 2.13%
4. PEMDA TINGKAT II KABUPATEN BOJONEGORO 300,288,632 Regional Government 2.00%
5. PEMDA TINGKAT II KABUPATEN BANYUWANGI 270,036,117 Regional Government 1.80%
6. PEMDA TINGKAT II KABUPATEN MALANG 253,635,445 Regional Government 1,69%
7. PEMDA TINGKAT II KABUPATEN GRESIK 220,213,170 Regional Government 1.47%
8. PEMDA TINGKAT II KABUPATEN TUBAN 217,418,404 Regional Government 1.45%
9. PEMDA TINGKAT II KABUPATEN NGAWI 215,763,995 Regional Government 1.44%
10 PT INDO PREMIER SEKURITAS 78,111,900 Individual Indonesia 0.52%
11. PANIN SEKURITAS, PT 72,172,000 Limited Company 0.48%
12. BNYM RE ACADIAN EM MKTS SM ALL CAP EQ FD LLC 39,848,990 Institution - Foreign 0.27%
13. PT CEALMI KHIEZT INDONESIA 31,659,200 Limited Company 0.21%
14. PT PRUDENTIAL LIFE ASSURANCE - REF 27,581,300 Limited Company 0.18%
CITIBANK NEW YORK S/A EMERGING MARKETS CORE
15. EQUITY 2 PORTFOLIO OF DFA INVESTMENT DIMENSIONS 25,869,300 Institution - Foreign 0.17%
GROUP INC.
16. PT STOCKBIT SEKURITAS DIGITAL 22,076,500 Individual Indonesia 0.15%
17. UBS AG LONDON-2140724000 17,451,085 Institution - Foreign 0.12%
18. PT CGS International Sekuritas Indonesia 16,566,600 Individual Indonesia 0.11%
19. PT LOTUS ANDALAN SEKURITAS 16,000,000 Individual Indonesia 0.11%
BNPP FFT/2S/UI BVK
20. KAPITALVERWALTUNGSGESELLSCHAFT MBH ON BEHALF 15,619,800 Institution - Foreign 0.10%
OF BAYVK A2-FONDS
Composition of Shareholders 5% or More
Table of Shareholders Composition with 5% or More Ownership of Bank Jatim as of January 1, 2025
Shareholders Number of Shares Ownership
Regional Government of East Java Province Level I 7,676,913,648 51.13%
The composition of shareholders with 5% or more ownership as of December 31, 2025, remains unchanged and is the same as the
composition as of January 1, 2025.
146 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Composition of Public Shareholders Less than 5%
Table of Composition of Public Shareholders of Less than 5% of Bank Jatim as of January 1, 2025
Number of Number of Ownership
Public Share Ownership
Shareholders Shares (%)
LOCAL
Individuals 64,644 1,921,267,507 12.79523
Regional Government 39 11,934,147,982 79.47887
Foundation 1 2,350,900 0.01566
Pension Fund 10 428,859,800 2.85611
Insurance 3 25,107,800 0.16721
Banks 1 23,000 0.00015
Limited Company 58 121,177,638 0.80702
Mutual Fund 8 19,215,725 0.12797
Sub Total 64,764 14,452,150,352 96.24822
FOREIGN
Individual 19 380,200 0.00253
Foreign Business Entity 110 562,967,530 3.74924
Sub Total 129 563,347,730 3.75177
TOTAL 64,893 15,015,498,082 100
Table of Composition of Public Shareholders Less Than 5% of Bank Jatim as of December 31, 2025
Number of Number of Ownership
Public Share Ownership
Shareholders Shares (%)
LOCAL
Individuals 59,351 2,090,979,807 13.92548
Regional Government 39 11,934,147,982 79.47887
Yayasan 1 1,850,000 0.01232
Pension Fund 1 3,635,300 0.02421
Insurance 7 428,634,800 2.85462
Banks 3 36,501,100 0.24309
Limited Company 1 23,000 0.00015
Mutual Fund 60 153,161,962 1.02003
Sub Total 59,471 14,669,814,852 97,69783
FOREIGN
Individual 19 947,100 0.00631
Foreign Business Entity 119 344,736,130 2.29587
Sub Total 138 345683230 2,30218
TOTAL 59,609 15,015,498,082 100
PT Bank Pembangunan Daerah Jawa Timur Tbk 147
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Company
03 Profile
Share Ownership of Directors and Board of Commissioners
Table of Share Ownership of the Directors and Board of Commissioners of Bank Jatim as of January 1, 2025
Number of Ownership
No. Name Position
Shares (%)
DIRECTORS
1. Busrul Iman* President Director 3,651,300 0.0243169
2. Edi Masrianto *
Finance, Treasury & Global Services Director 764,900 0.0050941
3. R. Arief Wicaksono Micro, Retail & Sharia Business Director 952,300 0.0063421
4. Zulhelfi Abidin *
IT, Digital & Operations Director 347,800 0.0023163
5. Eko Susetyono *
Risk Management Director 446,800 0.0029756
6. Arif Suhirman Medium, Corporate Business, and Network Director 819,700 0.0054590
7. Umi Rodiyah Compliance Director 508,500 0.0033865
BOARD OF COMMISSIONERS
1. Muhammad Mas’ud Independent Commissioner - -
2. Sumaryono* Independent Commissioner - -
3. Adhy Karyono Commissioner 81,500 0.0005428
4. Dadang Setiabudi *
Independent Commissioner - -
TOTAL 7,572,800 0.0504333
*Stopped serving since the Annual General Meeting of Shareholders for the 2024 Financial Year held on May 22, 2025
Table of Share Ownership of the Directors and Board of Commissioners of Bank Jatim as of December 31, 2025
Number of Ownership
No. Name Position
Shares (%)
DIRECTORS
1. Winardi Legowo President Director - -
2. R. Arief Wicaksono Vice President Director 1,858,600 0.0123779
3. Umi Rodiyah Compliance Director 1,138,300 0.0075808
4. Raden Mas Wahyukusumo Wisnubroto Finance, Treasury & Global Services Director - -
5. Tonny Prasetyo Micro, Retail & Sharia Business Director - -
6. Wiweko Probojakti IT, Digital & Operation Director - -
7. Wioga Adhiarma Aji* Risk Management Director 2,800 0.0000186
8. Arif Suhirman Medium, Corporate Business, and Network Director 1,183,400 0.0078812
BOARD OF COMMISSIONERS
1. Adi Sulistyowati Independent President Commissioner - -
2. Muhammad Mas’ud Independent Commissioner - -
3. Adhy Karyono Commissioner 249,200 0.0016596
4. Dadang Setiabudi Independent Commissioner - -
5. Asri Agung Putra Independent Commissioner - -
6. Nurul Ghufron** Independent Commissioner - -
TOTAL 4,432,300 0.0295181
* Referring to the Decree of the Members of the Board of Commissioners of the Financial Services Authority (OJK) Number KEPR-181/D.03/2025 dated October 16, 2025,
which did not approve the appointment of Mr. Wioga Adhiarma Aji as Director of Risk Management.
** Resigned based on the Company’s letter to the Regulator Number 064/646/CSE/CMAI/Srt dated November 20, 2025.
As of December 31, 2025, the Board of Directors and Board of Commissioners of Bank Jatim did not have indirect ownership of the
Bank’s shares.
148 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Shares Ownership of the Senior Management
Until December 31 2025, Bank Jatim Senior Management does not have direct and indirect ownership of Bank shares.
Classification of Shareholders
Table of Classification of Bank Jatim Shareholders as of December 31, 2025
Number of Number of Shares Ownership
Share Ownership
Shareholders (sheet) (%)
Local Institution 120 12,578,835,045 83.77235
Foreign Institution 119 344,736,130 2.29587
Local Individual 59,351 2,090,979,807 13.92548
Foreign Individual 19 947,100 0.00631
Total 59,609 15,015,498,082 100
Main and Controlling
Shareholders
The majority share ownership of Bank Jatim is owned by the do not have indirect share ownership down to individual
East Java Provincial Government, with 51.13%. Thus, the Main owners, and there are no Shareholders acting on behalf of
and Controlling Shareholders of Bank Jatim are the East Java other Shareholders.
Provincial Government. The Main and Controlling Shareholders
51.13%
Government of East
Java Province
PT Bank Pembangunan Daerah Jawa Timur Tbk 149
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Company
03 Profile
List of Subsidiaries, Associated Entities
and Joint Venture Company
As of December 31, 2025, through the Bank Business Group (KUB) structure mechanism, PT Bank Pembangunan Daerah Jawa Timur
Tbk as the Parent Company has 5 (five) subsidiary entities in the banking financial services sector, namely Regional Development
Banks (BPD)..
Subsidiary
In response to the dynamics of the domestic and global Province as the “New Gateway of the Archipelago,” and with
economy as well as information technology developments, reference to the following regulations:
strengthening the structure, resilience, and competitiveness 1. OJK Regulation Number 27/POJK.03/2016 concerning Fit
of the national banking industry is required. This objective is and Proper Test for Primary Parties of Financial Services
aimed at supporting national economic stability and growth, Institution;
which can be achieved through strengthening bank capital 2. OJK Regulation Number 12/POJK.03/2020 concerning
and banking consolidation in Indonesia in accordance with Commercial Bank Consolidation;
OJK Regulation Number 12/POJK.03/2020 concerning
3. OJK Regulation Number 22 of 2022 concerning Equity
Commercial Bank Consolidation. As outlined in the roadmap
Participation Activities by Commercial Banks;
issued by the Financial Services Authority (OJK) regarding
the strengthening of Regional Development Banks, with
PT Bank Pembangunan Daerah Jawa Timur Tbk established a
the main vision of “Resilient, Contributive, and Competitive
Bank Business Group (KUB) with 5 (five) Regional Development
Regional Development Banks,” PT Bank Pembangunan Daerah
Banks (BPD) in Indonesia, namely:
Jawa Timur Tbk actively supports this program through BPD
1. PT Bank Pembangunan Daerah Nusa Tenggara Barat
consolidation and strengthening of the Bank Business Group
Syariah (Bank NTB Syariah);
(KUB) by enhancing synergy among BPDs to strengthen
2. PT Bank Pembangunan Daerah Nusa Tenggara Timur
governance, risk management, and to drive efficiency and
(Bank NTT);
innovation in BPD product and service offerings.
3. PT Bank Pembangunan Daerah Banten (Perseroda) Tbk
In line with the vision of PT Bank Pembangunan Daerah (Bank Banten);
Jawa Timur Tbk to become the “Number 1 BPD in Indonesia” 4. PT Bank Pembangunan Daerah Sulawesi Tenggara
through inorganic business development strategies, as well (Bank Sultra);
as to support asset sustainability, this is realized through the 5. PT Bank Pembangunan Daerah Lampung (Bank
establishment of the Bank Business Group (KUB). As part of Lampung).
the Company’s positioning in supporting the role of East Java
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
Line of Business Banking
Establishment Date July 5, 1964
Total Assets IDR17,327,137,043,154.40 as of December 31, 2025
Ownership (%) 3.83%
Operational Status In Operation
Address Jln. Udayana Dasan Agung, Kota Mataram, Nusa Tenggara Barat - 83125
Phone : (0370) 636331, 632177, 635332
Fax : (0370) 623526, 623527
Email : customercare@bankntbsyariah.co.id
Web : www.bankntbsyariah.co.id
150 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
PT Bank Pembangunan Daerah Nusa Tenggara Timur
Line of Business Banking
Establishment Date July 17, 1962
Total Assets IDR 20,118,564,483,934.20 as of December 31, 2025
Ownership (%) 3.24%
Operational Status In Operation
Address Jln. W. J. Lalamentik Nomor 102, Oebufu, Kota Kupang
Nusa Tenggara Timur - 85142
Phone : (0380) 840555
Fax :-
Email : pengaduannasabah@bpdntt.co.id
Web : www.bpdntt.co.id
PT Bank Pembangunan Daerah Banten (Perseroda) Tbk
Line of Business Banking
Establishment Date July 26, 2016
Total Assets IDR 10,022,237,695,221 as of December 31, 2025
Ownership (%) 0.05%
Operational Status In Operation
Address Graha Bank Banten
Jln. Veteran Nomor 4, Kota Serang, Banten - 42117
Phone : (0254) 7914966
Fax :-
Email : corporate.secretary@bankbanten.co.id
Web : www.bankbanten.co.id
PT Bank Pembangunan Daerah Sulawesi Tenggara
Line of Business Banking
Establishment Date March 02, 1968
Total Assets IDR14,783,059,803,497.20 as of December 31, 2025
Ownership (%) 3.38%
Operational Status In Operation
Address Gedung Tower Bank Sultra
Jln. H. Abdullah Silondae, Kel. Korumba, Kec. Mandonga, Kota Kendari
Sulawesi Tenggara
Phone : (0401) 3126549
Fax : (0401) 3121568
Email : corsec@banksultra.co.id
Web : www.banksultra.co.id
PT Bank Pembangunan Daerah Lampung
Line of Business Banking
Establishment Date January 31, 1966
Total Assets IDR11,567,537,998,614.40 as of December 31, 2025
Ownership (%) 5.42%
Operational Status In Operation
Address Jln. Wolter Monginsidi Nomor 182, Teluk Betung, Kota Bandar Lampung
Lampung - 35211
Phone : (0721) 487175
Fax :-
Email : komunikasi@banklampung.co.id
Web : www.banklampung.co.id
PT Bank Pembangunan Daerah Jawa Timur Tbk 151
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Company
03 Profile
Company Group
Structure
Government of Regency/City Governments
Public
East Java Province across East Java
(20.52%)
(51.13%) (28.35%)
Series A Series B
Shareholders Shareholders
PT Bank Pembangunan Daerah Jawa Timur
Bank NTB Syariah Bank NTT Bank Banten Bank Sultra Bank Lampung
(3.83%) (3.24%) (0.05%) (3.38%) (5.42%)
As of December 31, 2025, Bank Jatim does not have any Subsidiaries, Associated Entities, Joint Ventures, and Special Purpose
Vehicles (SPV).
152 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Information of
Bank Business Group
Parent Company
Subsidiary Company
With reference to OJK Regulation Number 12/POJK.03/2020 5. Preparing consolidated financial statements with the
concerning Commercial Bank Consolidation and the Inter- financial statements of member banks within the Bank
Shareholder Agreement (Shareholder Agreement), within the Business Group (KUB);
structure of the Bank Business Group, Bank Jatim, which has 6. Ensuring the capital adequacy of member banks within the
larger Total Assets and/or a better Bank Soundness Level, Bank Business Group (KUB);
acts as the Parent Company of the member banks within the 7. Ensuring the liquidity adequacy of member banks within
Bank Business Group (KUB) and holds the following duties and the Bank Business Group (KUB);
authorities: 8. Implementing Governance within the Bank Business Group
1. Establishing strategic policies through the General Meeting (KUB).
of Shareholders (GMS) mechanism of member banks within
the Bank Business Group (KUB); In accordance with the agreement set out in the Inter-
2. Establishing strategic policies on the Corporate Plan and Shareholder Agreement (Shareholder Agreement), Bank
Bank Business Plan (RBB) of member banks within the Jatim, as the Parent Company, has the authority to propose and
Bank Business Group (KUB); appoint candidates for the Board of Directors and the Board
3. Establishing strategic policies on Risk Management of of Commissioners of member banks within the Bank Business
member banks within the Bank Business Group (KUB); Group (KUB). These candidates are then submitted to and
4. Establishing strategic policies on Information Technology determined at the General Meeting of Shareholders (GMS) of
of member banks within the Bank Business Group (KUB); the respective member banks in accordance with their Articles
of Association, as representatives of Bank Jatim as the Parent
Company.
Position Position
No Subsidiary Name
in Bank Jatim in Subsidiary
1. Bank NTB Syariah Dr. H. Ahmad Mohammad Tidjani - Independent President Commissioner*
2. Bank NTT Revi Adiana Silawati - Compliance Director*
3. Bank Banten
4. Bank Sultra The process of determining the East Java Bank Representative.
5. Bank Lampung
* Effective after obtaining a determination of passing the Fit and Proper Test from the OJK
As of December 31, 2025, there are no Shareholders acting on behalf of other shareholders.
PT Bank Pembangunan Daerah Jawa Timur Tbk 153
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Company
03 Profile
Chronology
of Share Issuance
Bank Jatim issues shares consisting of Series A Shares which are owned by the East Java Provincial Government, and Series B Shares
which are offered to the public.
Initial Public Offering
On July 12, 2012, Bank Jatim conducted an Initial Public Public Offering. Of the total shares offered, as much as 10%
Offering (IPO) by offering new shares of 2,983,537,000 ordinary (ten percent) will be allocated to employees and the Company’s
shares (Series B) at an offering price of IDR430 per share, so Management through the ESA (Employee Stock Allocation)
that the total number of shares to be listed on the Indonesia Program. Bank Jatim has implemented the MESOP
Stock Exchange amounted to 14,768,508,132 (fourteen billion (Management Employee Stock Option Plans) program from
seven hundred sixty-eight million five hundred eight million 2016 to 2020 with new shares (Series B) of 13,127,500 shares.
thousand one hundred thirty-two) shares or 99% (ninety-nine So that the total Paidin Capital on December 31, 2020, will be
percent) of the total issued and fully paid-up capital after the IDR3,753,874,520,500 or 15,015,498.082 shares.
Name of the Stock Exchange Where the Company’s Shares Are Listed
All shares of Bank Jatim are listed on the Indonesia Stock Exchange.
Table of Chronology of Bank Jatim Share Issuance
Nominal Value Offer Price
No. Period Information Stock Shares
(IDR) (IDR)
1. Before IPO - - - -
2. 2012 Initial Public Offering B Shares Serial 250 430
3. 2016 MESOP Exercise II 2016 B Shares Serial 250 409
4. MESOP Exercise I 2017 B Shares Serial 250 450
2017 450
5. MESOP Exercise II 2017 B Shares Serial 250
409
450
6. MESOP Exercise I 2018 B Shares Serial 250
409
2018
409
7. MESOP Exercise II 2018 B Shares Serial 250
599
409
8. MESOP Exercise I 2019 B Shares Serial 250
599
2019 450
9. MESOP Exercise II 2019 B Shares Serial 250 409
599
409
10. 2020 MESOP Exercise I 2020 B Shares Serial 250
599
154 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
In relation to the Initial Public Offering, the Bank implemented The MESOP Phase I Program for the 2016 period was
the Employee Stock Allocation (ESA) program by allocating a implemented from August 1, 2016 to November 13, 2016,
maximum of 10% of the total shares offered and issued stock February 1, 2017 to March 13, 2017, August 1, 2017 to November
options under the Management and Employee Stock Option 13, 2017, February 1, 2018 to March 15, 2018, and August 1, 2019
Plan (MESOP) program of up to 0.71% of the issued and fully to September 11, 2019. The MESOP Phase II Program for the
paid-up capital after the Initial Public Offering. 2017 period was implemented from August 1, 2017 to November
13, 2017, February 1, 2018 to March 15, 2018, February 1, 2019
to March 18, 2019, and August 1, 2019 to September 11, 2019.
The MESOP Phase III Program was implemented from August
1, 2018 to September 14, 2018, February 1, 2019 to March 18,
2019, and August 1, 2019 to September 11, 2019.
Issued and Paid Up Capital
Number
of Shares Issued
Number of Shares Total Value Total Bid Price
(shares)
(share) Nominal (IDR) (Rp)
- - - -
2,983,537,000 14,917,684,982 3,729,421,245,500 1,282,920,910,000
27,372,600 14,945,057,582 3,736,264,395,500 11,195,393,400
1,241,600 14,946,299,182 3,736,574,795,500 558,720,000
1,800,500 810,225,000
14,974,591,382 3,743,647,845,500
26,491,700 10,835,105,300
297,700 133,965,000
14,975,852,582 3,743,963,145,500
963,500 394,071,500
365,400 149,448,600
14,978,134,982 3,744,533,745,500
1,917,000 1,148,283,000
48,500 19,836,500
14,993,772,982 3,748,443,245,500
15,589,500 9,338,110,500
1,062,100 477,945,000
741,500 15,002,370,582 3,750,592,645,500 303,273,500
6,794,000 4,069,606,000
3,163,900 1,294,035,100
15,015,498,082 3,753,874,520,500
9,963,600 5,968,196,400
PT Bank Pembangunan Daerah Jawa Timur Tbk 155
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Company
03 Profile
Chronology of Issuance and/or
Listing of Other Securities
Chronology of Bond Issuance
Table of Chronology of Bank Jatim Bond Issuance
Date of Effective Total Bonds
No Description Tenor Currency
Issue Date (in Million IDR)
Bank Jatim’s Continuous October 1, October 1,
1. 3 Years IDR 1,000,000
Bonds I Phase I 2025 Series A 2025 2025
Bank Jatim’s Continuous October 1, October 1,
2. 5 Years IDR 1,000,000
Bonds I Phase I 2025 Series B 2025 2025
Name of the Exchange where the Company’s Bonds are Listed
All Bank Jatim bonds have been listed on the Indonesia Stock Exchange.
As of December 31, 2025, Bank Jatim has not issued sukuk, convertible bonds, or other securities; therefore, there is no information
regarding the chronology of the issuance and/or listing of sukuk, convertible bonds, or other securities.
Information on Using the Services of
Public Accounting and Public Accounting Firm
Public Accountant Firm (KAP) Public Accountant Firm (KAP) Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Partners
Asscociation Networking Global PKF
Address UOB Plaza, 30th & 42nd Floors, Jl. M.H. Thamrin Lots 8-10, Central Jakarta
AP Name Engagement Partner : Ary Daniel Hartanto
Quality Control Partner : Ady Putera Setyo Pribadi
Other Public Accountant (AP) : Handriono
KAP Assignment Period The 7 th Engagement Period
AP Assignment Period Engagement Partner : 5th Engagement Period
Quality Control Partner : 5th Engagement Period
Other Public Accountant (AP) : 1st Engagement Period
Audit Services Audit of the Annual Consolidated Financial Statements of PT Bank Pembangunan Daerah Jawa Timur Tbk
for the year ended December 31, 2025.
Audit Fee IDR3,800,000,000
Non Audit Services There are no non-audit services
Non Audit Fee There is no non-audit fee
156 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Rating
Interest Payment
Bid Price Due Date Trustee
Rate Status
2025 2024
100% of the
PT Bank Negara
principal amount October 1, 2028 6.40% (fixed) Active IdAA- -
Indonesia (Persero) Tbk
of the bond
100% of the
PT Bank Negara
principal amount October 1, 2030 6.70% (fixed) Active IdAA- -
Indonesia (Persero) Tbk
of the bond
PT Bank Pembangunan Daerah Jawa Timur Tbk 157
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Company
03 Profile
Supporting Institutions
and/or Professions
Credit Rating Agency PT PEMERINGKAT EFEK INDONESIA (PEFINDO)
Panin Tower-Senayan City, Lantai 17
Jl. Asia Afrika Lot 19 Jakarta 12170
Phone : (021) 727 82380
Fax : (021) 727 82370
Web : www.pefindo.com
Services Provided: Issuing ratings for debt securities issuance.
KJPP SUSAN WIDJOJO & REKAN
Menara Batavia, lantai 28 Jalan KH Mas Mansyur Kav. 120, Jakarta 10220
Telp: (021) 5795 0155
Services Provided: Issuing ratings for debt securities issuance.
Securities Administration PT DATINDO ENTRYCOM
Bureau Jl. Hayam Wuruk No. 28, Jakarta 10120
Phone : (021) 3508077
Fax : (021) 3508078
Services Provided: Recording securities ownership and distributing rights related to securities
Securities Underwriter PT BAHANA SEKURITAS
Graha Niaga, Lantai 19,
Jl. Jend. Sudirman Kav. 58, Jakarta 12190
Phone : (021) 250 5678
Fax : (021) 250 5087
Services Provided : Guarantee the sale of securities and the full payment of the issued securities’
value to the issuer.
PT MANDIRI SEKURITAS
Plaza Mandiri, Lantai 28-29
Jl. Jend. Gatot Subroto Kav. 36-38, Jakarta 12190 Indonesia
Phone : (021) 526 5678
Fax : (021) 526 505
Services Provided : Guarantee the sale of securities and the full payment of the issued securities’
value to the issuer.
Custodian PT KUSTODIAN SENTRAL EFEK INDONESIA
Gedung Bursa Efek Indonesia, Tower I, Lantai 5
Jl. Jendral Sudirman Kav. 52– 53, Jakarta 12190
Phone : (021) 515 2855
Fax : (021) 5299 1199
Web : www.ksei.co.id
Jasa yang diberikan: Tempat penitipan kolektif aset seperti saham, obligasi, serta melaksanakan tugas
administrasi kliennya.
Notary SITARESMI PUSPADEWI SUBIANTO, S.H.
Jl. Kebon Rojo No. 2 CC, Surabaya 60175, Indonesia
Phone : (031) 351 1282, 352 1285, 353 2822
Fax : (031) 352 2311
Services Provided: Drafting the Summary Deed of the General Meeting of Shareholders (GMS)
and the Deed of Minutes of the GMS.
158 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Award
and Certification
Award
No. Award Events Organizer Date
Best Public Relation in Building Strong Brand Identity
Indonesia Public Relation
1. Through Strategic Collaboration Category Regional Warta Ekonomi
Awards (IPRA) 2025
Bank
Brilliant Digital Transformation in Human Capital of Year
2.
2024 January 24, 2025
Indonesia Human Capital
3. Brilliant Equality and Inclusion Initiativies of Year 2024 Brilliance Award (IHCBA) Business Update
2025
Brilliant Employee Development Strategies of Year
4.
2024
Penandatanganan
kerjasama Dengan
Direktorat Jenderal
Terbaik Mitra Transaksi Treasury Dealing Room Direktorat Jenderal
5. Perbendaharaan (DJPb) January 23, 2025
Tahun 2024 kategori Bank Pembangunan Daerah Indonesia
Kementerian Keuangan
Republik Indonesia tentang
Pengelolaan Kas Negara
Contact Center Service
Call Center Reguler Banking For Archieving Majalah Marketing/
6. Excellence Award (CCSEA) February 19, 2025
“Exceptional” Service Performance Carre
Tahun 2025
Telah mengimplimentasikan pengendalian gratifikasi
Unit Pengendalian
7. dengan baik hasil monitoring dan evaluasi pengendalian UPG/ KPK March 17, 2025
Gratifikasi
gratifikasi tahun 2024 kategori BUMN/BUMD
The Best Conventional Bank KBMI 2-Asset >IDR 100 14th Infobank Isentia
8. Infobank March 20, 2025
Trillion Digital Brand
The Best Mortgage Loan Conventional Bank KBMI 14th Infobank Isentia
9. Infobank March 20, 2025
2-Asset >IDR 100 Trillion Digital Brand
The Best Savings Account Conventional Bank KBMI 14th Infobank Isentia
10. Infobank March 20, 2025
2-Asset >IDR 100 Trillion Digital Brand
PT Bank Pembangunan Daerah Jawa Timur Tbk 159
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Company
03 Profile
No. Award Events Organizer Date
The Best Internet Banking Conventional Bank 14th Infobank Isentia
11. Infobank March 20, 2025
KBMI 2-Asset >IRD 100 Trillion Digital Brand
The Best Mobile Banking Conventional Bank 14th Infobank Isentia
12. Infobank March 20, 2025
KBMI 2-Asset >IDR 100 Trillion Digital Brand
The Best Deposits Conventional Bank KBMI 2 14th Infobank Isentia
13. Infobank March 20, 2025
Asset >IDR 100 Trillion Digital Brand
The 2nd Best Debit Card Conventional Bank 14th Infobank Isentia
14. Infobank March 20, 2025
KBMI 2 - Asset >IDR 100 Trillion Digital Brand
The 3rd Best Bank Sharia Business Unit - Asset 14th Infobank Isentia
15. The Asian Post May 16, 2025
IDR 2,5 To <5Trillion Digital Brand
22nd Infobank MRI Banking
Excellent for The Finansial Performance During
16. Service Excellence Infobank May 16, 2025
2023-2024
Appreciation 2025
22nd Infobank MRI Banking
Titanium Champion: The Best Region Bank in Service
17. Service Excellence Infobank June 24, 2025
Excellence For 15 Consecutive Years (2010-2024)
Appreciation 2025
22nd Infobank MRI Banking
18. The Best Region Bank in Excellence E-Mail Service Service Excellence Infobank June 24, 2025
Appreciation 2025
22nd Infobank MRI Banking
19. The 2nd Best Region Bank in Excellence Chatbot Service Excellence Infobank June 24, 2025
Appreciation 2025
Indonesia Best Bank 2025 for Strengthening
Indonesia Best Bank Award
20. Regional Banking Ecosystem Through Innovation Warta Ekonomi June 25, 2025
2025
and Collaboration (Category: KBMI 2,BPD)
Radar Surabaya Awards
21. Best Social Media BUMD Radar Surabaya July 31, 2025
2025
30th Infobank banking
22. The Best Bank in Credit Expansion - KBMI 2 Infobank August 29, 2025
Appreciation 2025
The Excellent Performance Bank - KBMI 2 30th Infobank banking
23. Infobank August 29, 2025
(Aset Class Above IDR100 Trillion) Appreciation 2025
160 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
No. Award Events Organizer Date
The 16th IICD Corporate
24. The Best Bank in Credit Expansion - KBMI 2 Governance Conference IICD September 15, 2025
and Award
Bisnis Indonesia Finansial
25. Most Efficient Bank Bisnis Indonesia September 17, 2025
Awards 2025
26. The Most Transaction Growth ATM Bersama ATM Bersama Award 2025 Artajasa September 19, 2025
Institusi Pubik Terpopuler di Media Sosial Anugerah Humas Indonesia
27. Humas Indonesia September 26, 2025
Sub kategori BUMD 2025
Apresiasi Atas Penyediaan Sistem Pembayaran Peresmian Operasional Bus Dinas Perhubungan
28. October 7, 2025
Cashless pada Layanan Transjatim Ekspedisi Trans Jatim Koridor VII Provinsi Jatim
PT Rintis Sejahtera &
29. Best Issuing Bank (ATM)-Platinum Award Prima Awards 2025 October 23, 2025
Infobank
30. Regional Financial Inclusion Accelerator CNN Award 2025 CNN October 31, 2025
Anugerah Program Bisnis
Anugerah Program Bisnis terpuji 2025 kategori
31. terpuji 2025 Detik Jatim Detik Jatim November 5, 2025
Peningkatan Pemniayaan Usaha Berkelanjutan
Award
Piagam Penghargaan Anggota Forum CSR Jawa
Timur Yang Telah Berkontribusi Dalam Mendukung
32. Forum CSR Pemprov Jatim November 10, 2025
Pembangunan dan Kesejahteraan Masyarakat
di Jawa Timur
Inovasi Membangun Negeri
33. Inovasi Pengembangan UMKM Akses Pembiayaan TVOne November 07, 2025
2025
ESG Initiative Awards (EIA)
34. Best ESG Reporting and Transparency Predikat 5 Gold Sustain Life Today November 28, 2025
2025
National Center for
Platinum Rank In accordance Category: Asia Sustainability
35. Corporate Reporting December 19, 2025
Asia Sustainability Reporting Rating 2025 Reporting
(NCCR)
Pertemuan Tahunan Bank
36. Bank Penggerak Ekonomi Kerakyatan Bank KBMI 1 & 2 Bank Indonesia November 28, 2025
Indonesia 2025
Komite Nasional
Annual Report Award (ARA)
37. Pemenang Kategori BUMD Go Publik 2024 Kebijakan Governansi December 9, 2025
2024
(KNKG)
PT Bank Pembangunan Daerah Jawa Timur Tbk 161
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Company
03 Profile
Certification
Certification Types: Certification Types:
ISO 37001:2016 ISO 20000-1:2018
Anti-Bribery Management System IT Service Management System by the IT & Digital Directorate
Validation: to Support JConnect Mobile Banking for Customers
December 18, 2023 – December 17, 2026 Validation:
Recipient: December 18, 2025 – December 17, 2028
Bank Jatim Recipient:
Issued by: Bank Jatim
PT TUV Nord Indonesia Issued by:
PT TUV Nord Indonesia
Certification Types: Certification Types:
ISO/IEC 20000-1:2018 ISO/IEC 27001:2022
The Service Management System at IT & Digital Directorate Information Security Management System for JConnect
for the provision of Core Banking System and Jconnect Mobile, Internet Banking, and SMS Banking Services
(mobile Banking, Internet Banking & SMS Banking) Validation:
Services to Internal Customer Bank Jatim November 15, 2025 - October 21, 2028
Validation: Recipient:
August 10, 2023 – August 9, 2026 Bank Jatim
Recipient: Issued by:
Bank Jatim PT BUREAU VERITAS
Issued by:
Lembaga Sertifikasi Bureau Veritas Indonesia
162 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Information
Available on the Website
The availability of information on website refers to the OJK Regulation No. 8/ POJK.04/2015 regarding Website of Issuers or Public
Companies. Thus, Bank Jatim has provided various key information on its official website, such as information on shareholders,
organizational structure, financial performance analysis, as well as profiles of Board of Commissioners and Board of Directors. In
addition, the Bank’s website displays the following information.
Your Needs Profile Career
Contains all information on customer and Contains information on Bank’s Profile, Contains information on Career Management
community needs which include Savings, Management, and Awards. and Information on Recruitment.
Financing, Business, Sharia, Services,
Investor Relations, Corporate Governance,
Bank Jatim Peduli, Interest Rates,
and Information.
MSME Partner Internet Banking Online Registration
Contains information on MSME Partners Contains information on Bank Jatim’s Contains options for e-form credit applications,
of Bank Jatim accessible by the public Internet Banking usage guide providing convenience for prospective
and the Bank’s customers. and Internet Banking Portal. customers in applying for credit.
Information Description
Shareholder information up to individual final owners. Available
Contents of the Code of Conduct Available
Information on the General Meeting of Shareholders (GMS) at least includes the material for the agenda discussed in
the GMS, summary of the minutes of the GMS, and important date information, namely the date of the announcement
Available
of the GMS, the date of the sum-mons for the GMS, the date of the GMS, the date of the summary of the minutes of the
GMS was announced.
Annual Separate Financial Statements (Last 5 Years), Financial Information (Including Quarterly Financial Statements) Available
Profile of the Board of Commissioners and Directors Available
Charter of the Board of Commissioners, Board of Directors, Committees, and the Internal Audit Unit Available
Media Briefing Available
PT Bank Pembangunan Daerah Jawa Timur Tbk 163
Page 164
2025
Annual Report
01 Performance Highlights
The Board of Directors’s and
02 The Board of Commissioners’
Report
03 Company Profile
Management
Analisis Discussion
dan Pembahasan
04
04 and Analysis
Manajemen on Kinerja
atas Bank Bank
Performance
05 Human Capital
06 Information Technology
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference Index
10 Financial Statements
Management Discussion
and Analysis on Bank
Performance
164 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 165
PT Bank Pembangunan Daerah Jawa Timur Tbk 165
Page 166
Management Discussion and Analysis
04 on Bank Performance
Economic
Review
Global Economic Analysis
Based on the World Economic Outlook (WEO) Update January partners such as China, Canada, Mexico, and the European
2026 report published by the International Monetary Fund, Union. The combination of these factors has heightened
the global economy in 2025 demonstrated relatively stable global financial market volatility and suppressed the level of
conditions, albeit remaining in a phase of moderate growth. The confidence among businesses and investors across various
IMF projected global economic growth at approximately 3.3%, countries.
a figure that tended to stagnate compared to the previous
year and remained below the historical average prior to the Despite these pressures, the global economic outlook indicated
pandemic. This condition reflects that the global economic signs of improvement over time. The latest economic outlook
recovery is still ongoing, but has not yet been sufficiently at the beginning of 2026 suggested a recovery driven by
strong to drive significant growth acceleration. several key factors. The rapid development of technological
investment, particularly in the field of Artificial Intelligence, has
Nevertheless, such stability was overshadowed by various become one of the new engines of growth, especially in North
ongoing global uncertainties. In 2025, the global economy America and Asia. Furthermore, the support of adaptive fiscal
faced pressures arising from geopolitical tensions, particularly and monetary policies, increasingly accommodative financial
the Russia-Ukraine conflict as well as developments in the conditions, as well as the ability of the private sector to adapt
Middle East region driven by the Israel-Palestine conflict. In to changes in trade policies, have further strengthened global
addition, the increasing trend of protectionist policies further economic resilience. Accordingly, although risks remain
exacerbated conditions, including the implementation of a elevated, the global economy has demonstrated the capacity
universal import tariff of 10% by the United States as well to gradually recover amid a highly uncertain landscape.
as higher reciprocal tariffs imposed on several major trading
Table of Global Economic Growth Projections
WEO January 2026 WEO October 2025
Region 2024
2026 2025 2026 2025
Global Economy 3.3 3.3 3.1 3.2 3.3
Developed Countries 1.8 1.7 1.6 1.6 1.8
Amerika 2.4 2.1 2.1 2.0 2.8
Eropa (Euro Area) 1.3 1.4 1.1 1.2 0.9
Jepang 0.7 1.1 0.6 1.1 0.1
Inggris 1.3 1.4 1.3 1.3 1.1
Developing Countries 5.0 4.4 4.0 4.2 4.3
China 4.5 5.0 4.2 4.8 5.0
India 6.4 7.3 6.2 6.6 6.5
Middle East & Central Asia 3.9 3.7 3.8 3.5 2.6
Source: World Economic Outlook (WEO), International Monetary Fund (IMF), January 2026
166 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
National Economic Analysis
Amid heightened global economic volatility and uncertainty, the In 2025, the national economy recorded growth of 5.33% (YoY),
national economy remained resilient and demonstrated solid an increase compared to the previous year’s growth of 5.03%
performance. National economic growth remained favorable, (YoY). National economic growth was supported by higher
supported by maintained stability and well-controlled inflation. household consumption in line with increased public activity
In addition, strong synergy in the national economic policy mix and mobility, as well as by the growth of exports of goods
served as a key factor in sustaining economic growth. and services, particularly from jewelry and precious stones
commodities, in response to rising global demand for gold.
Graph of National Economic Growth
(in %)
5.53 (2.33) 3.56 5.34 4.95 4.93 5.33
2019 2020 2021 2022 2023 2024 2025
From the expenditure side, household consumption accounted for the largest share of GDP, contributing 60.78%. This indicates that
household spending is a key driver of the economy. Its growth rate of 5.01% was relatively stable. Exports of goods and services
accounted for 48.62% of GDP, with the highest growth among all components, at 6.63%. This indicates excellent export performance
during the period. Imports of goods and services accounted for a significant negative share (-42.44%), but experienced positive
growth of 6.13%. This negative share indicates that imports were subtracted from total GDP (as external expenditure).
Graph of Gross Domestic Product (GDP) by Expenditure
(in %)
Structure (%) Growth (%)
60.78 48.62 27.22 3.86 1.29 (42.44) 5.01 6.63 5.54 0.73 5.83 6.13
Non-Profit Non-Profit
Institutions Institutions
Export of Import of Export of Import of
Household Government Serving Household Government Serving
Goods and PMTB Goods and Goods and PMTB Goods and
Consumption Consumption Households Consumption Consumption Households
Services Services Services Services
(NPISH) (NPISH)
Consumption Consumption
Source: Official Statistics Report, Statistics Indonesia (BPS), February 2026
PT Bank Pembangunan Daerah Jawa Timur Tbk 167
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Management Discussion and Analysis
04 on Bank Performance
In terms of business sectors, the economic structure was significantly dominated by the Manufacturing Industry sector at 31.32%
and the Trade sector at 18.55%. However, the highest growth was recorded in service-related sectors such as Corporate Services at
9.24%, Accommodation and Food and Beverage Services at 8.06%, and Other Services at 7.92%. This phenomenon indicates that
although the manufacturing and trade sectors remain the main backbone of the economy, the services sector experienced significantly
stronger expansion compared to other traditional sectors. In contrast, the Mining sector recorded the slowest performance, with
growth of only 1.50%, indicating a shift in growth dynamics from extractive sectors to the service and technology sector.
Graph of Gross Domestic Product (GDP) by Business Sector
Structure (%) Growth (%)
Manufacturing
31.32 5.98
Industry
18.55 Trading 3.99
10.74 Agriculture 4.98
8.80 Construction 4.59
Accommodation and
6.13 8.06
Food Service Provider
Information and
4.95 7.56
Communication
Transportation and
4.18 7.33
Warehousing
3.32 Mining 1.50
2.48 Financial Services 2.24
Educational
2.44 6.12
Services
Government
2.09 2.10
Administration
1.50 Real Estate 3.36
1.50 Other Services 7.92
0.87 Corporate Services 9.24
0.70 Health Services 6.48
Electricity and Gas
0.35 5.10
Procurement
Water
0.08 3.55
Procurement
Source: Official Statistics Report, Statistics Indonesia (BPS), February 2026
National economic stability is also supported by well-maintained inflation performance, in line with the consistent implementation of
accommodative monetary policy. In 2025, national annual inflation is projected at 2.93%, with the largest contribution coming from
the food, beverage, and tobacco category, driven by fluctuations in commodity prices due to weather-related disruptions and rising
seed costs. Furthermore, national inflation is also influenced by the personal care and other services sectors.
Banking Industry Analysis
Throughout 2025, financial system stability was well maintained and supported improved economic performance. Financial system
resilience was supported by adequate banking liquidity, strong capital adequacy, and well-managed credit risk. The banking industry’s
resilience in December 2025, as reflected in the Capital Adequacy Ratio (CAR), remained strong in absorbing risk and supporting
credit growth, at 25.89%. In terms of risk, the banking industry’s NPL ratio remained relatively stable at 2.05%, also lower than the
same period in the previous year. Meanwhile, the banking industry’s intermediation function continued to perform well and remained
well maintained, despite being under relative pressure compared to the previous year. This pressure was partly due to yield-seeking
behavior, which encouraged individuals, as contributors to Third-Party Funds (DPK), to shift their funds to other, more attractive
investment instruments.
168 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Table of National Banking Performance
Description 2025 2024 2023 2022 2021
Intermediation
IDR8,585.83 trillion IDR7,827.15 trillion IDR7,090.24 trillion IDR6,423.56 trillion IDR5,768.59 trillion
Bank Loans
9.69% YoY 10.39% YoY 10.38% YoY 11.35% YoY 5.24% YoY
IDR10,057.54 trillion IDR8,835.76 trillion IDR8,457.93 trillion IDR8,153.59 trillion IDR7,479.46 trillion
Third-Party Funds (TPF)
13.83% YoY 4.47% YoY 3.73% YoY 9.01% YoY 12.21% YoY
Capital
Banking CAR 25.89% 26.76% 27.75% 25.62% 25.66%
Interest Rates
BI Rate 4.75% 6.00% 6.00% 5.50% 3.50%
Financial Services Institution (FSI) Ratio
Credit Risk
Gross NPL 2.05% 2.08% 2.19% 2.44% 3.00%
Liquidity Risk
LDR 85.37% 89.05% 84.11% 78.98% 77.49%
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025 (processed data)
Analysis of Bank Jatim’s Position in the Banking Industry
Compared to its national banking industry peers and Regional Development Bank of Indonesia (BPD SI), Bank Jatim’s performance
growth is as follows.
Table of Bank Jatim Growth Performance Compared to BPD SI and the National Banking Industry
Bank Jatim (IDR Billion) BPD SI Jatim (IDR Billion) National Banking Industry (IDR Billion)
Performance
December December Growth December December Growth December December Growth
2025 2024 (YoY) 2025 2024 (YoY) 2025 2024 (YoY)
Assets 105,853 102,074 3.70% 1,063,582 1,021,878 4.08% 13,646,417 12,460,955 9.51%
Loans 67,244 64,057 4.98% 661,580 645,772 2.45% 8,585,829 7,827,148 9.69%
Third-Party
78,605 77,496 1.43% 792,240 752,680 5.26% 10,057,543 8,835,755 13.83%
Funds (TPF)
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025; Bank Jatim Financial Statements 2025 (processed data)
In line with the strengthening of banking sector stability, Bank Jatim consistently demonstrates resilience and sustainable growth
amidst macroeconomic dynamics. In terms of financial position, Bank Jatim’s total assets grew solidly by 3.70% (YoY) to IDR105.85
trillion, exceeding the national banking industry’s average growth of 0.99%. Meanwhile, in line with its intermediation function, Bank
Jatim recorded an acceleration in credit distribution of 4.98% (YoY), which is significantly above the BPD SI group average of 2.45%.
Amid the challenges of tightening liquidity and increasingly competitive interest rate conditions, Bank Jatim remains consistent
in maintaining positive growth in Third-Party Funds (DPK) of 1.43% (YoY) through prudent liquidity management and a focus on
optimizing fund composition.
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Table of Bank Jatim Financial Ratios Compared to BPD SI and the National Banking Industry
December 2025 December 2024
Ratio
Banking Banking
Bank Jatim BPD SI Bank Jatim BPD SI
Industry Industry
Current Account Saving Account
66.49% 54.51% 63.24% 65.14% 54.25% 63.39%
(CASA)
Net Interest Margin (NIM) 6.15% 5.27% 4.72% 5.86% 5.24% 4.72%
Non Performing Loan (NPL) Gross 3.88% 2.92% 2.05% 3.45% 2.48% 2.08%
Return on Assets (ROA) 1.90% 1.64% 2.53% 1.60% 1.76% 2.72%
Capital Adequacy Ratio (CAR) 25.38% 26.42% 25.89% 23.49% 25.77% 26.76%
Loan to Deposit Ratio (LDR) 85.39% 83.51% 85.37% 82.05% 85.91% 89.05%
Operating Expenses to Operating
79.92% 81.53% 72.96% 81.89% 81.13% 81.45%
Income (BOPO)
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025; Bank Jatim Financial Statements 2025 (processed data)
In addition, throughout 2025, Bank Jatim successfully strengthened its sound financial fundamentals, as reflected in the achievement
of various key financial ratios that were above the industry average. Bank Jatim’s focus on raising low-cost funds yielded positive
results, with its CASA ratio increasing to 66.49%, surpassing the BPD SI average of 54.51% and the national banking industry average
of 63.24%. This provides a strong foundation for Bank Jatim in maintaining cost efficiency. The success of its business strategy is
also reflected in increased profitability, with Net Interest Margin (NIM) growing to 6.15% and Return on Assets (ROA) increasing to
1.90%, both surpassing the average performance of the BPD SI group. On the operational side, Bank Jatim continues to improve
efficiency, marked by a decrease in the BOPO ratio to 79.92%, or more efficient than the BPD SI average of 81.53%. In terms of capital
and liquidity, Bank Jatim remains in a very strong position with a CAR of 25.38% and an optimal LDR of 85.39%, ensuring sufficient
room for future business expansion. Facing the dynamics of asset quality, Bank Jatim has proactively strengthened risk management
and provisioning policies to maintain performance stability amid fluctuations in the Gross NPL ratio, which stands at 3.88%.
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Operational
Review
Bank Strategic Plan 4. Disbursing productive loans selectively in sectors with high
potential in East Java Province to boost regional economic
The Bank’s strategic plan comprises the Corporate Plan and the growth.
Bank Business Plan. 5. Enhancing bank profitability by increasing the CASA
ratio, improving credit quality, delivering sustainable
Corporate Plan financial services, boosting foreign exchange revenue, and
developing other digital and customer-centric products.
Bank Jatim has a long-term strategic plan in the form of the 6. Meeting the funding needs of the Sharia Business Unit
Corporate Plan 2024-2028. In order to support the strategic and developing sharia business in accordance with OJK
objectives, targets, and to address gaps in achieving its vision, Regulation No. 12 of 2023 on Sharia Business Units.
the bank’s policy direction is as follows: 7. Improving digital-based services and building an ecosystem
1. Internalizing the corporate culture practiced at Bank Jatim. among local governments and non-governmental entities.
2. Achieving both organic and inorganic growth through the
Bank Business Group (KUB) scheme or other structures to The main strategy is concentrated in 43 strategic initiatives
realize the bank’s vision. for strengthening and development, which cover the strategic
3. Optimizing intermediation functions by redesigning the initiatives for both Bank Jatim and the Sharia Business Unit.
credit process through organizational restructuring, These strategic initiatives are mapped across seven business
reengineering business processes, developing human areas and three enablers. They are executed in two phases:
resources, and implementing performance management. one to strengthen capabilities and capacity, and another to
accelerate business implementation and growth.
Diagram of Grand Roadmap
2024 2025 2026 2027 2028
Strengthening
Capabilities & Capacity
Accelerating Implementation & Business Growth
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The bank’s long-term targets are set in a business strategy in accordance with the Corporate Plan 2024-2028. The bank’s business
strategy for the next five years is divided into 7 business areas and 3 enabler areas.
Diagram of Business Strategy
Vision
To become the No. 1 Regional Development Bank in Indonesia
Mission
Retail & Commercial & Treasury & Corporate
MSMEs Consumer Funds Internasional Sharia
Corporate Actions
[KSR] [DNA] Banking [SYR]
[RKM] [KSK] [TRI] [KRP]
Governance, Risk, & Compliance
[GRC]
Organization & Information Technology
[OIT]
Human Capital, Culture, & Performance Management
[HCM]
The execution of the business strategy is cascaded into strategic initiatives grouped into two segments: Continuously Competency
Enhancement and Selective Market Capture Acceleration.
Strategic Initiatives Diagram
Treasury and
Retail & MSMEs Consumer Funds
International Banking
13. 1Refining the value proposition and the 17. Refining the competitive 21. Optimizing treasury business and
competitive advantage of products and service advantage of products and service foreign exchange bank licensing
Selective Markt Capture
standards for Retail & MSME/non-State Civil standards for retail DPK/priority (increasing revenue beyond
Apparatus consumer loans [RKM-1] [KSR-1] banking [DNA-1] intermediation margins) [TRI-1]
14. Intensifying the marketing and sales of Retail 18. Expanding and intensifying
Acceleration
& MSME/non- State Civil Apparatus consumer marketing and sales programs for
loan products, aligned with sectoral potential and fund products [DNA-2]
branch office segmentation [RKM-1] [KSR-2] 19. Accelerating the development of Corporate Action
15. Expanding alliances/fintech/eCommerce and branchless banking (card-based
ecosystem-based business with local governments, and gadget/cardless) [DNA-3]
regionally owned enterprises [RKM-3] [KSR-3] 20. Developing alliances/fintech/
22. Increasing the Bank’s business
eCommerce and ecosystem-based
volume growth inorganically
business with local governments,
through equity participation under
state-owned enterprises/
the Bank Business Group scheme
Commercial & Corporate regionally owned enterprises, and
[KRP-1]
communities (in East Java and
selected areas outside East Java)
[DNA-4]
16. Accelerating medium and corporate loan sales in
selected sectors and target markets [KSK-1]
Human Capital, Culture, & Organization & Information Governance, Risk, &
Performance Management Technology Compliance
Continously Competency
1. Intensifying the internalization of corporate 5. Refining the next-stage 10. Refining and updating policies/
culture through derivative development organizational structure (business- guidelines [GRC-1]
Enhancement
(sales, credit, risk & compliance, digital, and & customer-centric) [OIT-1] 11. Formulating Risk Assessment
performance-based culture) [HCM-1] 6. Reorganizing branch roles and Criteria (RAC) that serve as a key
2. Fulfilling manpower requirements and enhancing functions inside and outside East focus for the banking industry
personnel competencies, as well as developing Java (developing credit centers, [GRC-2]
employee welfare programs [HCM-2] services, priority, and institutional 12. Developing Portfolio Risk
3. Refining Human Capital management and banking) [OIT-2] Management to optimize credit
strengthening the Human Capital Business 7. Accelerating digitalization efforts processes based on environmental,
Partner function [HCM-3] and IT security [OIT-3] social, and governance principles
4. Refining the implementation of the performance 8. Protecting customers’ personal [GRC-3]
management system and ensuring supporting data [OIT-4]
tools are in place [HCM-4] 9. Establishing a dedicated function
or team to analyze high-potential
industry sectors [OIT-5]
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In the medium-term period of 2026–2027, the grand roadmap e. Implementation of structured and disciplined career
strategy is positioned in the Acceleration of Implementation paths and talent pool development to build future
and Business Growth phase. In this phase, business expansion leaders who support cultural transformation and foster
is carried out by leveraging the capabilities that have been innovation at every organizational level.
enhanced in the first year. The medium-term targets include: 2. Governance, Risk, and Compliance (GRC)
1. Intensifying the internalization of corporate culture and its a. Optimization of policy forums and procedures to
derivative developments. ensure effective and efficient discussions of internal
2. Meeting the adequacy requirements and enhancing the regulations.
competencies of business personnel. b. Simplification of procedures to improve efficiency
3. Refining Human Capital management and strengthening and accelerate business processes, while maintaining
the Human Capital Business Partner function. compliance with applicable regulations and service
4. Refining the implementation of the performance quality.
management system and ensuring supporting tools are in 3. Information Technology
place. a. Strengthening cyber resilience and security through
5. Refining the advanced organizational structure and its the development of adequate infrastructure, including
derivative developments. IT governance, IT architecture, and IT-related
6. Accelerating the digitalization of business processes and management systems.
support functions. b. Implementation of the Perfect-I strategy, focusing
7. Refining the value proposition and competitive advantage on organizational strengthening, improvement of
of products and service standards for retail and MSME/ IT policies, optimization of core banking systems,
non-State Civil Apparatus consumer credit. enhanced infrastructure management, and
8. Intensifying the marketing and sales of retail and MSME/ development of innovative business applications.
non-State Civil Apparatus consumer credit products in line 4. Corporate Actions, Treasury, and International Banking
with sector potential and branch area segmentation. a. Increasing the Bank’s assets through both organic and
9. Refining the competitive advantage of products and service inorganic growth via KUB (Kelompok Usaha Bank) with
standards for retail/priority banking DPK. regional development banks (BPD) and synergy with
10. Ecosystem-based business development of local regional government-owned enterprises (BUMD).
governments, BUMN/BUMD and communities (East Java b. Development of products and digitalization of service
and outside East Java selected). processes to strengthen synergies in shared biller
11. Achieving balanced and sustainable organic business services, remittance, trade finance, and syndicated
growth, as well as inorganic business growth through financing.
equity participation in financial institutions or via the Bank 5. Funding Optimization
Business Group. a. Enhancement of CASA and credit asset recovery, as
well as expansion of high-quality credit.
Business Plan b. Development of competitive funding product strategies
while maintaining low cost of funds.
The management has formulated the 2025 strategic focus to be 6. Sharia Business Development
implemented by Bank Jatim in addressing various challenges a. Development of Sharia financial activities and services
and opportunities, taking into account current economic under the Dual Banking Leverage Model (DBLM),
developments, in order to become a sound, well-performing, including refinement of organizational structure and
sustainable bank that contributes to regional economic growth, business processes.
as follows: b. Strengthening the compliance function in DBLM
1. Human Capital, Culture, and Performance Management products.
a. Adjustment of the organizational structure to optimize c. Enhancing customer experience through an integrated
and enhance overall performance effectiveness. approach to Sharia and conventional products and
b. Strengthening cross-functional collaboration to services.
accelerate product and service innovation as well as 7. Acceleration of MSME Business
overall efficiency. a. Digital processing of MSME big data.
c. Optimal internalization of corporate culture aligned b. Targeted distribution of KUR (Kredit Usaha Rakyat).
with the company’s vision and mission. c. Collaboration with MSME players for business
d. Continuous enhancement of employee competencies development across various events.
in accordance with business needs, including d. Large-scale MSME development initiatives.
improvement of education and training systems.
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Marketing Aspects financial service for Civil Servants and non Civil Servants.
Besides that, developing product and digital services as the
Marketing Strategy form of Bank Jatim support toward the economic development
in East Java.
In line with Bank business development and Government The collaboration was realized through the acceleration of
programs , Bank Jatim continued to improve its marketing non-cash transactions, among others through the optimization
strategy by conducting promos. Which follows and adjusts of the Cash Management System (CMS) for Government
National Day’s themes, and support Government’s Programs by Work Units (Satker) managing the State Budget (APBN), the
implementing educative activities and comprehensivefinancial development of a Virtual Account (VA) dashboard, as well
literacy to certain customers or certain groups. as the implementation of Online Fund Disbursement Orders
(SP2D) within the Government Internal Control System
As one of the Regional Development Bank which also manage (SIPD) application. Bank Jatim has also become a pioneer
The Third Paty Funding and Number of Account in a big amount, among Regional Development Banks (BPD) in utilizing Digital
Bank Jatim also appreciates its customer by organizing price Population Identity (IKD) in Indonesia.
draw events in “SIKLUS and SIMPEDA” accounts. In addition, Bank Jatim continues to strengthen its digital
service capabilities through enhancements to mobile banking
Bank Jatim is also consistant in a sponsorship activity which and corporate internet banking features, particularly in payment
collaborate with government or private institutions, do a transactions. Digitalization initiatives are also carried out
promotion through an open space medium such as videtron through interconnection based on Application Programming
and billboard which aims for building corporate image, product Interface (API) or Open Banking to support Information
image, and customer awareness for the growth of Third Funding Technology (IT) development and expand ecosystem synergies
Parties and Bank Jatim’s Number of Accounts. with banking institutions and fintech companies in increasing
the volume of cooperation with Institutional Partners.
Bank Jatim also doing collaboration with corporate institutions
such as in ministry, province, and city levels in order to provide
Market Share
Bank Jatim’s performance in facing competition within the Regional Development Bank (BPD SI) industry and the national banking
sector has tended to fluctuate. Compared with the regional banking industry, Bank Jatim recorded a positive market share
performance in the lending segment, while its market share in total assets and third-party funds (DPK) showed a declining trend
compared with the same period in the previous year.
Table of Bank Jatim Market Share Compared to BPD SI
(in IDR Billions)
Increase/
Description Description December 2025 December 2024
Decrease
BPD SI 1,063,582 1,021,878 4,08%
Total Assets Bank Jatim 105,853 102,074 3,70%
Market Share (%) 9.95% 9.99% (0.04%)
BPD SI 792,240 752,685 5,26%
Third-Party Funds Bank Jatim 78,605 77,496 1,43%
Market Share (%) 9.92% 10.30% (0.37%)
BPD SI 661,580 645,772 2,45%
Total Loans Bank Jatim 67,224 64,057 4,98%
Market Share (%) 10.16% 9.92% 0.24%
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025; Bank Jatim Financial Statements 2025 (processed data)
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Nevertheless, Bank Jatim continues to strengthen its position In terms of capital and liquidity, the Bank maintained its
as one of the key contributors within the Association of position with an asset market share of 9.95% and third-party
Regional Development Banks in Indonesia (BPD SI). The funds (DPK) market share of 9.92% of the total national BPD
Bank’s success in carrying out its intermediation function is industry. Despite fluctuations arising from a more selective
reflected in the increase in its loan market share, which rose and prudent portfolio management approach, Bank Jatim
to 10.16% as of December 2025 from 9.92% in the previous remains consistent as a pillar of regional economic strength,
year, underscoring the effectiveness of its market penetration contributing significantly to the overall performance of the
strategy in supporting both productive and consumer sectors. national BPD industry.
Diagram of Bank Jatim Market Share Compared to BPD SI December 2025
90.05% 9.95% 90.08% 9.92% 89.84% 10.16%
ASSETS TPF LOANS
BPD SI Bank Jatim
Diagram of Bank Jatim Market Share Compared to BPD SI December 2024
90.01% 9.99% 89.70% 10.30% 90.08% 9.92%
ASSETS TPF LOANS
BPD SI Bank Jatim
The same condition was also observed in Bank Jatim’s market share within the national banking industry, with positive performance
in the lending segment, while market share in assets and third-party funds (DPK) showed a declining trend compared to the same
period of the previous year.
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Table of Bank Jatim Market Share Compared to the Indonesian Banking Industry
(in IDR Billions)
Increase/
Description Description December 2025 December 2024
Decrease
Banking Industry 13,646,417 12,460,955 9,51%
Total Assets Bank Jatim 105,853 102,074 3,70%
Market Share (%) 0.78% 0.82% (0.045)
Banking Industry 10,057,543 8,837,242 13,83%
Third-Party Funds Bank Jatim 78,605 77,496 1,43%
Market Share (%) 0.78% 0.88% (0.10%)
Banking Industry 8,585,829 7,827,148 9,69%
Total Loans Bank Jatim 67,224 64,057 4,98%
Market Share (%) 0.78% 0.82% (0.04%)
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025; Bank Jatim Financial Statements 2025 (processed data)
Meanwhile, amid increasingly competitive conditions in 3.70% (YoY), while loan disbursement increased by 1.43%
the national banking industry, Bank Jatim has consistently (YoY). Although the national industry recorded a higher growth
maintained its presence by recording positive performance acceleration, the Bank was still able to sustain its growth
growth. As of the end of 2025, the Bank delivered a stable momentum and customer confidence. This demonstrates that
contribution to the national banking industry, with market share the business strategy focused on strengthening the East Java
in total assets, third-party funds (DPK), and loans maintained at regional market remains highly competitive at the national
0.78%. This achievement was driven by nominal growth across level and continues to contribute to the strengthening of
all business lines. Total assets on a standalone basis grew by Indonesia’s banking structure.
Diagram of Bank Jatim Market Share Compared to the Indonesian Banking Industry December 2025
99.22% 0.78% 99.22% 0.78% 99.22% 0.78%
ASSETS TPF LOANS
Banking Industry Bank Jatim
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Diagram of Bank Jatim Market Share Compared to the Indonesian Banking Industry December 2024
99.18% 0.82% 99.12% 0.88% 99.18% 0.82%
ASSETS TPF LOANS
Banking Industry Bank Jatim
Operation Review Per Business Segment
Operational segments of Bank Jatim are based on business segments which include conventional banking (loan, third party funds
and other services) and sharia segment (sharia third party funds, sharia financing and other sharia services).
Conventional Segment
Bank Jatim conventional segment consisted of credit/loan products, third party funds/deposits and services.
Description and Productivity of Conventional Segments
A description of the explanation and productivity of the conventional segment of Bank Jatim is presented as follows.
Loan
Bank Jatim‘s loan consists of Micro Loan, Retail and Medium Loan, Corporate and Syndication Loan, and Consumer Loan. Explanations
of each loan product have been presented in the Profile section of the Product and Services Sub-Chapter in this Annual Report.
Chart of Loan Productivity
in IDR Millions
9,328,208 10,284,249 10,931,531 12,172,476 7,607,194 6,621,615 33,368,120 35,438,848
Medium, Corporate and
Micro Loan Retail Loan Consumer Loan
Syndicated Loans
2024 2025
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MICRO LOANS
Bank Jatim’s Micro Loans is a credit given to small enterprneur to fund productive business needs either for investment or working
capital needs with maximum plafond is 500 million rupiahs and distribution of credit programs from the government.
Productivity of Micro Credit is explained below :
Table of Micro Loans Productivity
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Micro Segment 10,284,249 9,328,208 956,042 10.25%
Total Micro Loan disbursement in 2025 amounted to IDR10.28 The skim growth of People’s Business Credit and Micro Jatim is
trillion, representing an increase of 10.25% compared to the influenced by internal and external factors. Internal factors consist
previous year of IDR9.32 trillion. The increase was primarily of application development of micro credit processing, quality
driven by the realization of KUR loans amounting to IDR5.60 account officer upgrade, performance monitoring and evaluation,
trillion, or an increase of 8.60% compared to the previous reward and punishment based on performance, micro product
year’s KUR achievement, as well as Jatim Micro Loans with segment completion and refocusing target market. Meanwhile,
a realization of IDR3.32 trillion, which increased by 15.49% external factors are related to the condition of Micro, Small,
compared to the previous year. and Medium Enterprises, off take collaboration, synergy with
government institution, distribution to micro enterprise cluster.
Tabel of Total NoA Micro Loans
(in NoA)
Growth
Description 2025 2024
NoA %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Micro Segment 125,454 200,089 (74,645) (37.30%)
Total Number of Accounts (NoA) for Micro Loans in 2025 reached 125,454 accounts, declining by 37.30% compared to 200,089
accounts in 2024. The decrease was mainly attributable to the deviation in the NoA of Financial Technology (Amartha) loans
amounting to 85,153 accounts as a result of the cessation of lending for Financial Technology (Amartha).
Graph of Micro Loan Distribution Graph of Micro Loan Accounts (NoA)
(in IDR Millions) (in NoA)
9,328,208 10,284,249 200,089 125,454
Micro Loan Distribution Micro Loan Accounts NoA
2024 2025 2024 2025
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Micro Loans Strategy in 2025 MSME financing is only around 8.3%, which corresponds to
The description of the Micro Loans strategy implemented in approximately 125,454 debtors financed with micro loans.
2024 is as follows: Consequently, the future outlook for Bank Jatim’s micro loan
1. Optimalization of People’s Business Credit business appears promising.
2. Optimalization Fintech collaboration
3. Reward for account officer Micro Loans Strategy in 2026
4. Digitalize the credit process The description of the Micro Loan strategy to be implemented
5. Weekeng banking in 2026 is presented as follows:
6. Reward referral 1. Optimization of Micro Business Loan (KUR) disbursement.
2. Disbursement of program loans, including KUR Housing
Micro Loans Competitive Advantage and Innovation Program (KPP), Agricultural Equipment and Machinery
Competitive Advantage and Innovation Micro Loans are as follows: Business Loan Program (Alsintan), and Labor-Intensive
1. Fast process Industry Loan Program (KIPK)
2. Easy requirements 3. Monitoring of loan disbursement achievements, both online
3. Competitive interest rate and offline
4. Paperless 4. Development of the Bank Jatim MSME ecosystem
5. Digitalization of the credit process 5. Cooperation and synergy with government institutions.
6. Promotional programs for loan realization fees, Ramadhan
Micro Loans Business Prospect 2026 Kareem, and cashback stimulus for loyal debtors.
Based on data from the Office of Cooperatives and MSMEs 7. Development of credit analysis and monitoring
of East Java, the number of MSMEs in East Java currently competencies for Micro Account Officers (AO Mikro) and
stands at approximately 1.49 million MSMEs on a by name by Credit Supervisors.
address basis, Bank Jatim’s market share for micro-segment 8. Digitalization of the credit process.
RETAIL LOANS
Bank Jatim’s Retail Loans are productive loans with a plafond of > IDR500 million up to IDR25 billion for the Retail Segment and are
managed by the Retail Credit Division.
Retail Loan Productivity is presented as follows.
Table of Retail Loan Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Retail Segment 12,172,476 10,931,531 1,240,945 11.35%
Total Retail Loan disbursement in 2025 amounted to IDR12.17 trillion, representing an increase of 11.35% compared to the previous
year of IDR10.93 trillion. The increase was primarily driven by the realization of Jatim Retail Loans (installment and current account)
amounting to IDR2.69 trillion, or an increase of 38.56% compared to the previous year’s Jatim Retail Loan achievement.
Table of Number of Retail Loan Accounts
(in NoA)
Growth
Description 2025 2024
NoA %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Retail Segment 19,547 22,881 (3,334) 14.57%
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Total Number of Accounts (NoA) for Retail Loans in 2025 reached 19,547 accounts, declining by 14.57% compared to 22,881 accounts
in 2024. The decrease was mainly driven by the settlement of loans to cooperatives for their members amounting to 1,263 accounts,
reflecting a decline compared to the previous year’s NoA for such loans.
Graph of Retail Loan Distribution Graph of Micro Loan Accounts Distribution (NoA)
(in IDR Millions) (in NoA)
10,931,531 12,172,476 22,881 19,547
Retail Loan Distribution Micro Loan Accounts Distribution
(in IDR Millions) (NoA)
2024 2025 2024 2025
Retail Loan Strategy 2025 Competitive Advantage and Innovation of Retail Credit
The strategies for Retail Loans in 2025 are as follows: The competitive advantages and innovations of Retail Credit
1. Entering into cooperation agreements with sugar factories, are as follows:
both state-owned and private. 1. For credit schemes to cooperatives for their members
2. Entering into cooperation agreements with associations of (KKPA) the credit period can be up to 15 years.
MSME operators in East Java. 2. For BPR linkage schemes the credit period can be up to 15
3. Collaborating with Ministries, Regional Governments, and years.
other agencies to hold MSME product exhibitions. 3. Acceleration of the credit process through application
4. Collaborating with Ministries, Regional Governments, and development.
other agencies to conduct training and financial literacy for 4. Competitive interest rates with competitor banks.
MSMEs. 5. Credit installment schemes can be adjusted to the needs of
5. Collaborating with Ministries, Regional Governments, and the debtor.
other agencies to organize business matching activities for
MSME products. Retail Loan Business Prospects 2026
6. Involving MSMEs in the Trade Mission Program of the East The Retail Credit Division in 2025 will focus on maximizing
Java Provincial Government. the potential of all credit schemes in the Retail Segment. This
7. Creating an MSME Award program. includes financing for contractors through the Contractor
8. Developing company branding using MSME products. Credit Scheme, particularly for projects funded by APBD/
9. Holding gatherings with Housing/Developer Associations. APBN.On the other hand, lending to MSME players through
10. Holding gatherings with other business associations. Jatim Retail Loan schemes, both Jatim Retail Installment
11. Evaluating loan disbursement performance. Loans and Jatim Retail Current Account Loans, along with
12. Promoting the online loan application (Jconnect E-Loan). the Free Nutritious Meals (MBG) program, presents potential
13. Promoting loan products through MSME exhibitions. opportunities to finance the development needs of Nutrition
14. Promoting loan products through Bank social media. Fulfillment Service Unit (SPPG) kitchens.
15. Conducting training on loan marketing, loan analysis, and
loan monitoring. Retail Loan Strategy 2026
16. Conducting training on the use of the loan application. The description of the Retail Loan strategy to be implemented
17. Conducting training on trade finance. in 2026 is presented as follows:
18. Conducting training on legal aspects of lending. 1. Involving MSMEs in MSME product exhibitions.
19. Evaluating pricing (rates and tariffs). 2. Providing training and financial literacy programs.
20. Evaluating the Loan SOP. 3. Conducting business matching for MSME products.
21. Evaluating the E-Loan credit analysis application 4. Organizing gatherings with associations of business
players/ Rural Banks (BPR)/ Cooperatives.
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5. Evaluating loan disbursement performance. 9. Evaluating pricing (rates and fees).
6. Conducting monitoring activities via desk call. 10. Evaluating credit products.
7. Providing training and socialization on credit marketing, 11. Evaluating and developing the E-Loan credit analysis
credit analysis, and credit monitoring. application.
8. Conducting socialization on the use of credit applications. 12. Promotional programs.
MEDIUM, CORPORATE AND SYNDICATION LOANS
Bank Jatim’s Medium Loans are productive loans with a plafond of > IDR25 billion up to IDR100 billion for the Medium Segment.
Bank Jatim’s Corporate Loans are productive loans with a plafond of > IDR100 billion for the Corporate Segment. Medium, Corporate,
and Syndication Loans are managed by the Medium Corporate and Syndication Credit Division.
The productivity of Medium Corporate and Syndication Loans is presented as follows.
Table of Medium Corporate and Syndication Loan Productivity
(In IDR Million)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (3)-(2) (5) = (4)/(3)
Medium Segment 490,174 252,719 237,455 93.96%
Corporate and Syndication Segment 6,131,441 7,354,475 (1,222,034) (16.63%)
Total 6,621,615 7,607,194 (985,579) (12.96%)
Total loan disbursement for the Medium Segment in 2025 amounted to IDR490.17 billion, representing an increase of 93.96%
compared to IDR252.71 billion in 2024. This increase was attributable to growth in BLUD and Regional Government Loans. Total
loan disbursement for the Corporate Segment in 2025 amounted to IDR6.13 trillion, representing a decrease of 16.63% compared to
IDR7.35 trillion in 2024, primarily due to the settlement of syndication loans.
Table of NoA for Medium Corporate and Syndication Loans
(in NoA)
Growth
Description 2025 2024
NoA %
(1) (2) (3) (4) = (3)-(2) (5) = (4)/(3)
Medium Segment 595 887 (292) (32.92%)
Corporate and Syndication Segment 101 105 (4) (3.81%)
Total 696 992 (296) (29.84%)
Total NoA for the Medium Segment in 2025 reached 595 accounts, declining by 32.92% compared to 887 accounts in 2024. The
decrease was due to the settlement of several loan accounts disbursed under the KKPA scheme. Total NoA for Corporate and
Syndication Loans in 2025 reached 105 accounts, declining by 3.81% compared to 101 accounts in 2024. The decrease was due to
the settlement of several syndicated loan accounts.
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Graph of Medium Segment Loan Graph of Corporate and Syndication Segment
Distribution Loan Distribution
(in IDR Millions) (in IDR Millions)
252,719 490,174 7,354,475 6,131,441
Medium Segment Loan Distribution Corporate and Syndication Segment Loan Distribution
2024 2025 2024 2025
Graph of Medium Segment NoA Graph of Corporate and Syndication Segment NoA
In NoA In NoA
887 595 105 101
Medium Segment NoA Corporate and Syndication Segment NoA
2024 2025 2024 2025
CORPORATE AND SYNDICATION LOAN STRATEGY 2025 b. Approaching debtors to join debtor business
The description of the strategy to be implemented in 2025 associations and obtaining a list of prospective debtors.
by the Medium Corporate and Syndication Credit Division is 6. Offering financing to SOEs, Regional Governments, BLUD,
presented as follows: and private companies.
1. Building an organized and visualized sales pipeline.
2. Providing restructuring stimulus and monitoring debtors Competitive Advantages and Innovation of Medium
whose business cash flows have been disrupted. Corporate and Syndication Loans
3. Collaborating with other banks to provide Syndication The competitive advantages and innovations of the Medium
financing for government projects as well as prospective Corporate and Syndication Credit Division are as follows:
private enterprises. 1. Competitive interest rates in accordance with credit market
4. Participating in green financing (environmentally friendly segmentation.
based). 2. Cooperation with government institutions, namely:
5. Enhancing the prospect of the Number of Accounts (NoA) a. Regional/City Governments for the distribution of
in potential sectors by: Regional Government Loans
a. Mapping potential sectors based on sector b. Regional Public Hospitals (RSUD)/BLUD for the
characteristics where there is potential and smooth distribution of BLUD loans.
cash flow.
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Business prospects of Medium Corporate and Syndication Strategies of Medium Corporate and Syndication Loans in
Loans in 2026 2026
In 2026, the Corporate and Syndication Loans Division will The description of the strategies to be implemented in 2026
focus on prospecting among state-owned enterprises (BUMN), by the Medium Corporate and Syndication Credit Division is
local governments (PEMDA), BLUD, and private companies presented as follows:
within Bank Jatim’s working area, leveraging a pipeline built 1. Conducting gatherings with RSUD/BLUD
through both bilateral and syndication financing channels. 2. Financing to SOEs in East Java, including business
ecosystems.
3. Financing to Regional Governments in East Java
4. Financing to private sector entities
5. Strengthening synergy with syndication partner banks
CONSUMER LOANS
Consumer Loans consisted of Multipurpose Loans, Employee Loans, Cash Collateral Credit (CCC), Motor Vehicle Loans, Property
Loans and Gold Backed Loans. A description of each Consumer Loan product is presented in the Profiles section of the Products and
Services Sub-Chapter in this Annual Report.
Table of Consumer Loan Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Consumer Loan Segment 35,438,848 33,368,120 2,070,728 5.84%
Total Consumer Loans in 2025 reached IDR35.43 trillion, representing an increase of 5.84% compared to IDR33.36 trillion in 2024.
The increase was primarily driven by the realization of Multipurpose Loans amounting to IDR2.94 trillion, or an increase of 7.17%
compared to the previous year’s Multipurpose Loan achievement.
Table of Number of Loan Debtors Consumer
(in Debtors)
Growth
Description 2025 2024
Debtors %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Consumer Loan Segment 328,570 301,525 27,045 8.23%
In line with the nominal growth of Consumer Loan, the number of Bank Jatim Consumer Loan debtors in 2025 was recorded at
328,570 debtors, an increase of 27,045 debtors or 8.23% compared to 2024 which was 301,525 debtors. The increase in the number
of debtors mainly came from the growth of debtors from Multiguna Loan which was 26,092 debtors.
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Graph of Consumer Loan Distribution Graph of Consumer Loan Debtor
(in IDR Millions) (in debtor)
33,368,120 35,438,848 301,525 328,570
Consumer Loan Distribution Consumer Loan Debtor
2024 2025 2024 2025
Consumer Loan Segment Strategies in 2025 Consumer Loan Business Prospects in 2026
The description of the Consumer Loan strategies in 2025 is as In 2026, the Consumer Credit Division focuses its strategy on
follows: intensifying market penetration and digital transformation to
1. Focusing on expansion to Regional Apparatus Organizations maintain sustainable growth. The following are the details of
(OPD) by providing promotional stimulus in marketing the prospects and strategic policy directions:
strategies. 1. KMG Penetration Strategy and Customer-Need-Based
2. Optimization of Internal Database using Pipeline Captive Market
Management application. In order to maximize quality asset growth, the Consumer
3. Digitalization (E-Kmg V2 and paylater). Segment implements a marketing strategy that not only
4. Ramadhan Kareem promotional program. offers products but also provides financial solutions that
5. Providing rewards to account officers who have achieved are relevant to each customer segment.
targets. a. Optimization of Multipurpose Loans (KMG) and
6. Development of KKPD Phase 2 (two) to maximize Captive Market
transactions and Regional Government expenditure budgets. 1) Public Sector – Civil Servants (ASN) (Regional
7. Multipurpose loan umrah lottery program. Apparatus Organizations)
- Approach: Life-Cycle Financial Solutions.
Meanwhile, to maximize profits from property investment in Customers within OPD environments generally
2025, several strategies that can be implemented include: require long-term certainty and administrative
1. Property loan interest rate promotion. convenience.
2. Cashback on property loan provision fees. - Marketing Strategy: Establishing synergy with
3. Gathering of developers and property agents. the Provincial Regional Civil Service Agency
4. Collaboration with developers and property agents and (BKD) through integration of the Rumah ASN
developer associations. application with the E-KMG application to
5. Rewards for property loan account officers. support financing needs for civil servants.
6. Exhibition and Expo Semarak Lelang. - Targeting: Focus on fulfilling needs such
as home renovation, children’s education
Competitive Advantage and Innovation in Consumer Loan expenses, or debt consolidation with
The competitive advantages and innovations of Consumer competitive interest rates deducted directly
Loan are as follows: through payroll systems.
1. For multipurpose loan schemes, debtors are provided - Value Proposition: “Fast Process, No Additional
rewards in the form of umrah and travel lottery programs. Collateral, Loan Aligned with Employment
2. Various rewards are offered to prospective debtors, ranging Tenure.”
from interest rate promotions, provision fee cashback, 2) Education and Healthcare Sector (Hospitals,
installment subsidies, and Ramadhan promotions. State Universities, and Private Universities)
3. Providing stimulus to improve account officer performance - Approach: Professional-Specific Benefits.
with various rewards given in order to increase consumer Customers in this sector (doctors, medical
loan growth. personnel, lecturers, and teachers) generally
4. Acceleration of the loan process through application have low-risk profiles but high service
development. expectations, as well as funding needs that are
5. Competitive interest rates with competitor banks. often urgent or investment-oriented.
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- Marketing Strategy: Focused on professional c. PropTech and Green Housing: Digitalization through
segments, particularly medical personnel the integration of technology within the end-to-end
and academics, through the provision of mortgage ecosystem, from property search to loan
financing programs tailored to each segment’s application.
characteristics. For medical personnel, the
Bank offers specialized financing programs Consumer Loan Strategies in 2026
to support professional development and The Consumer Loan Acceleration Strategy in 2026 emphasizes
specialization, while for academics, financing Growth, Digitalization, and Asset Quality, aimed at strengthening
facilities with flexible tenors are provided, market share through the optimization of internal and external
aligned with certification allowance schedules ecosystems, accelerating digital transformation in business
and research funding. processes, and implementing prudent risk mitigation. The main
3) Retirement Segment (Pensioners) strategic pillars are as follows:
- Approach: Empowerment and Silver Economy. 1. Market Share Expansion and Portfolio Penetration
Pensioners typically require funds to maintain Conducting aggressive penetration in the Personal Loan
cash flow in retirement, finance healthcare and Consumer Loan segments, with key focus on:
needs, or initiate productive businesses. a. Optimization of Captive Market: Strengthening existing
- Marketing Strategy: Integrating credit with customer loyalty through retention programs, including
the “Wirausaha Masa Tua” program. Marketing the KMG Umrah and Travel Lottery Program, as well as
is conducted through community-based expanding lending through ASN payroll partnership
approaches (e.g., during pension disbursement) schemes with KUB (Bank Business Group).
along with financial literacy education. b. Marketing Stimulus: Leveraging strategic momentum
- Value Proposition: “Productive Retirement, (65th Anniversary of Bank Jatim and Ramadhan
Simple Process, Supported by Comprehensive Promotions) through provision fee cashback schemes
Life Insurance Protection.” and competitive interest rates to drive loan outstanding
b. Product Digitalization and Adaptation to Payment growth.
Trends c. Property Ecosystem Synergy: Accelerating mortgage
In line with changing consumer behavior, the Consumer (KPR) disbursement through the FLPP scheme and
Segment is committed to accelerating business strategic collaboration with developers (REI/APERSI)
processes through: to reduce the housing backlog while maintaining NPL
1) Product Development: Accommodating the shift coverage.
toward cashless trends with more flexible PayLater 2. Digitalization and Data Intelligence
solutions. Operational transformation is carried out to enhance
2) Process Engineering: Developing digital efficiency and customer experience through:
infrastructure to streamline Service Level a. Consumer Digital Ecosystem: Integration of payment
Agreements (SLA) in credit applications to be more channels (eKMG V2, ASN Paylater) and implementation
efficient and responsive. of Auto Decision Scoring to accelerate credit process
3) Customer-Centric Marketing: Personalizing Turnaround Time (TAT).
product offerings based on customer behavior b. Customer 360° and Data Analytics: Utilization of data
analysis (big data analytics). lakes to comprehensively map customer behavior,
2. Strategic Prospects of Mortgage Loans (KPR) enabling more precise cross-selling strategies and
The property sector is projected to remain an engine data-driven decision-making (data-driven marketing).
of growth in 2026, driven by positive macroeconomic 3. Operational Excellence and Risk Management
indicators: Maintaining asset quality remains a priority through
a. Economic Stability and Purchasing Power: Resilient strengthening the lines of defense:
economic growth is expected to increase disposable a. Asset Recovery Consumer (ARC): Establishment of
income, thereby strengthening demand for primary dedicated units at the branch level for early handling of
housing. non-performing loans, with the objective of maintaining
b. Urbanization and Residential Demand: Increasing the Consumer NPL ratio.
population concentration in urban areas is driving b. Collection Intensification: Optimization of desk call
higher demand for residential housing, particularly activities for low collectibility accounts (Collectibility 1
among millennials and young families. and 2) to ensure consistent installment performance.
4. Human Capital Empowerment (Sales Force)
a. Enhancing the productivity of marketing personnel
(account officers) through:
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b. Incentive and Recognition: Implementation of the AO 5. Sustainability and Brand Image
Champions League 2026 as a motivational instrument Implementation of Environmental, Social, and Governance
to achieve NoA (Number of Accounts) and Outstanding (ESG) principles through green financing (green home
(O/S) targets. loans and electric vehicles), as well as strengthening brand
c. Capacity Building: Provision of digital work tools and awareness through successful debtor storytelling and
continuous training to ensure accountable credit strategic collaboration with media partners.
processes.
Third Party Funds
Bank Jatim’s conventional segment third party funds consist of current accounts, savings and deposits.
CURRENT ACCOUNT
Giro or current account is a deposit that can be withdrawn at any time by using check/transfer form and other payment order facilities,
or by way of transfer. Bank Jatim’s current account is online at all of its branches so that withdrawals and deposits can be made at all
branches while Bank Jatim’s check/ transfer form can be cleared anywhere (Intercity Clearing); Bank Jatim Cuurent Account could
also be opened in Rupiah and foreign currency (EUR, JPY, SGD, USD, AUD, HKD, and CNY). Bank Jatim Current Account was available
for the public (individuals and companies), as well as for local governments.
Bank Jatim’s Current Accounts Productivity is described as follows:
Table of Current Accounts Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (3)-(2) (5) = (4)/(3)
Local Government Current Accounts 15,001,444 13,936,739 1,064,705 7.64%
General Current Accounts 6,215,111 4,999,722 1,215,389 24.41%
Total 21,216,555 18,936,461 2,280,094 12.04%
Current Accounts in 2025 reached IDR21.22 trillion, increasing by 12.04% compared to IDR18.94 trillion in 2024. The increase was
primarily driven by General Current Accounts, which grew by 24.41% or IDR1,215 billion, and Regional Government Current Accounts,
which increased by 7.64% or IDR1.06 trillion.
SAVINGS
Bank Jatim savings products consist of Simpeda Savings, Hajj Savings, Siklus Savings (Rupiah and foreign currency), Siklus Priority
Savings, Siklus Pension Savings, Tabunganku, Student Savings (Simpel), and Fishermen Savings (Sinyal).
Bank Jatim Savings productivityis described as follows:
Table of Savings Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Simpeda 16,559,388 17,141,838 (582,451) (3.40%)
Siklus 4,092,964 4,286,742 (193,778) (4.52%)
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Siklus Pensiun 311,256 308,315 2,941 0.95%
Siklus Prioritas 3,652,723 3,892,196 (239,473) (6.15%)
Tabungan Haji 14,204 15,596 (1,392) (8.93%)
Tabunganku 4,970,751 4,716,114 254,637 5.40%
Simpel Savings 155,739 128,964 26,774 20.76%
Sinyal Savings 215 390 (175) (44.89%)
Total 29,757,239 30,490,156 (732,917) (2.40%)
Total Savings in 2025 reached IDR29.76 trillion, declining by • Hajj Savings
2.40% compared to IDR30.49 trillion in 2024. The decrease Hajj Savings in 2025 amounted to IDR14.2 billion,
was mainly due to declines in Simpeda Savings, Siklus Savings, decreasing by IDR1.39 billion or 8.93% compared to
and Siklus Priority Savings, amounting to IDR1,013 billion. IDR15.59 billion in 2024.
• Tabunganku
The description of savings performance is presented as follows: Funds collected from TabunganKu in 2025 amounted to
• Simpeda IDR4.97 trillion, increasing by IDR254.64 billion or 5.40%
In 2025, Simpeda Savings amounted to IDR16.56 trillion, compared to IDR4.72 trillion in 2024. The increase was
decreasing by IDR582.45 billion or 3.40% compared to in line with the growth in the number of TabunganKu
IDR17.14 trillion in 2024. This was due to the absence of customers, supported by Bank Jatim’s intensive financial
cashback (high interest) programs in 2025, as liquidity literacy initiatives, particularly in schools.
remained adequate and efficiency measures were • Simpanan Pelajar (Simpel)
implemented. Student Savings (SIMPEL) in 2025 amounted to IDR155.74
• Siklus billion, increasing by IDR26.77 billion or 20.76% compared
Funds collected from Siklus Savings in 2025 amounted to to IDR128.96 billion in 2024. This increase was in line with
IDR4.09 trillion, decreasing by IDR193.778 billion or 4.52% the growth in the number of Simpel customers, driven by
compared to IDR4.28 trillion in 2024. This was also due Bank Jatim’s financial literacy initiatives in schools, as
to the absence of cashback (high interest) programs in well as joint commitment with the Governor of East Java
2025, as liquidity remained adequate and efficiency was and OJK through the One Student One Account (KEJAR)
maintained. program.
• Siklus Pensiun • Simpanan Nelayan (Sinyal)
Funds collected from Siklus Pension Savings in 2025 Fishermen Savings (Sinyal) in 2025 amounted to IDR215
amounted to IDR311.2 billion, increasing by IDR2.9 billion or million, decreasing by IDR175 million or 44.89% compared
0.95% compared to IDR308.3 billion in 2024. The increase to IDR390 million in 2024. This decrease was in line with
was in line with the growth in the number of pension the decline in the number of Sinyal customers, as the
accounts managed by Bank Jatim for retirees of PT Taspen fisherman population is relatively smaller and customers
(Persero) and PT Asabri (Persero). tend to prefer Simpeda Savings due to promotional lottery
• Siklus Prioritas programs.
Funds collected from Siklus Priority Savings in 2025
amounted to IDR3.65 trillion, decreasing by IDR239.47
billion or 6.15% compared to IDR3.89 trillion in 2024.
This was due to the absence of cashback (high interest)
programs in 2025, as liquidity remained adequate and
efficiency was maintained.
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DEPOSITS
Deposito Time deposit is the best option for individuals and companies looking to invest their funds in a safe and reliable environment.
Funds are guaranteed by the government through the Deposit Insurance Corporation (LPS), subject to certain requirements. Time
deposits can be opened in Rupiah and foreign currencies (EUR, JPY, SGD, USD, CNY, HKD, and AUD).
Bank Jatim Deposits productivity is described as follows:
Table of Deposits Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposits 23,897,064 25,266,035 (1,075,965) (4.25%)
Bank Jatim deposits can be used as collateral for loans with 9. Financial literacy and inclusion activities, especially in
competitive, negotiable interest rates. Deposits in 2025 schools, in collaboration with the Regional Government and
reached Rp23.90 trillion, a decrease of Rp1.08 billion, or 4.25%, the OJK.
compared to Rp25.27 trillion in 2024. This is in line with the 10. Addition of services and cooperation with East Java Priority
reduction in special rates in order to maintain efficiency and merchants to provide alternative benefit choices that can
maintain liquidity conditions. be enjoyed by East Java Priority customers.
11. Launching of East Java Syariah Prioritas Services.
Third-Party Fund Strategy in 2025 12. Collaboration in financial services with the Provincial,
The description of the strategy for increasing third-party funds City, Regency, and Regional Governments in East Java in
carried out in 2025 is as follows: optimizing current accounts.
1. Optimizing QRIS implementation through the acquisition 13. Sponsorship participation in events in the Bank Jatim work
programs of QRIS merchant and QRIS Crossborder. area.
2. Programs for Merchants collaborating with Bank Jatim 14. Promotion of products and services through social media,
through QRIS merchant racing promos, 0% MDR, QRIS outdoor media, and collaboration with influencers in the
Transaction Cashback Promos, and Bank Jatim QRIS East Java region.
merchant branding. 15. Optimization of support to branches by actively
3. Approach to the Doctors Association, Contractors participating in accelerating the deposit negotiation
Association, Notary Association, HIPMI, and Entrepreneurs application process.
in the East Java region for individual deposits.
4. Collaboration with radio to promote Bank Jatim Savings Competitive Advantage and Innovation of Third Party Funds
products and ongoing promotional programs. The competitive advantages and innovations that third party
5. The ASN Go Digital program by activating J-Connect Mobile funds have are as follows:
for all State Civil Apparatus (ASN) in East Java as part of 1. Financial education and literacy services in the field of
the implementation of digitalization in the government education in East Java.
sphere (ETPD, TP2DD). 2. Transaction promotional program at Bank Jatim QRIS
6. The KEJAR (One Account, One Student) program, which merchants.
opens student savings accounts and promotes financial 3. Real-time QRIS transaction fund settlement services.
literacy and inclusion in schools, is a joint commitment 4. Discount program for merchants and exclusive service
between the Governor of East Java, the Financial Services collaboration for Bank Jatim Priority customers.
Authority (OJK), and Bank Jatim. Account openings are 5. Providing added value to customers in the form of a lottery
funded by an initial deposit incentive, with a target of program for Simpeda Bank Jatim savings customers.
approximately 50,000 accounts. 6. Increasing bonding between customers and Bank Jatim so
7. The Simpeda Savings Lottery Program which is held that it will form a heart-to-heart service to customers.
nationally twice and regionally once. 7. Collaboration with branches in the approach to closing and
8. Implementation of bundling programs related to the maintaining corporate customers.
placement of collaborative funds with events (sports,
music, millennials, communities, and other major events),
brands and/or Featured Merchants.
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Business Prospect of Third-Party Funds for 2026 7. Gathering of Bank Jatim with PT ASABRI (Persero) to share
The business prospect of third party funds is as follows: moments of cooperation progress, obstacles faced, and
1. Additional service benefits and merchant collaboration the possibility of business potential that can be optimized,
throughout Bank Jatim’s work area for priority segment especially for the TNI and Polri retiree business.
customers. 8. Bank Jatim’s QRIS merchant transaction racing program
2. KEJAR (One Student One Account Program. during Ramadan, Eid al-Fitr, and the end of the year
3. Optimization of QRIS implementation to increase the requires a minimum account balance and transaction
number of merchants and merchant transactions. amount. Other QRIS promotions, such as Cashier Promos,
4. Savings Lottery Program. are also available.
5. Establishment of new partnerships and maintaining 9. The Grebeg Merchant QRIS program involves Bank Jatim
existing relationships with retail and individual customers. visiting merchants to provide appreciation/rewards for
6. Optimization of existing corporate customer potential by QRIS transactions and merchant balances at Bank Jatim.
expanding coverage from upstream to downstream within This program is expected to increase merchant balances at
the customer ecosystem. Bank Jatim.
10. Implementation of Promotion and Branding of Fund
Third-Party Fund Strategies for 2026 Products and Services through Sponsorship of Music
The strategies of third party funds to be implemented in 2026 Events, millennials, communities, sports, and others.
are as follows: 11. Distribution of Social Assistances consisting of PKH Plus,
1. The Simpeda Savings Lottery Program which is held ASDP, KIP Putri Jawara, KIP KPM Jawara, KIP PPKS Jawara,
nationally twice and regionally once. KIP EKS PPKS Jawara, LKSA, LKSLU, Extreme Poverty
2. Introducing Bank Jatim products and services to the public Social Assistance, and DBHCHT Social Assistance.
through branding of public transportation modes and bus 12. On Bank Jatim’s anniversary and the Republic of Indonesia’s
stops in the city of Surabaya. anniversary, Bank Jatim provides various promotional
3. KEJAR (One Account, One Student) is a joint commitment programs as a loyalty program and also to increase FBI,
between the Governor of East Java, the Financial Services for example: KAI ticket purchase promo, credit purchase,
Authority (OJK), and Bank Jatim to open student savings e-wallet top-up, and others.
accounts for students in East Java, providing incentives 13. J-Connect mobile activation campaign through various
in the form of initial deposits. The target is approximately activities for example: J-Connect Race.
50,000 accounts. 14. Collaboration with billers to increase Bank Jatim’s fee-
4. The KEJAR program collaborates with Financial Literacy based income, for example: PLN bills, purchasing credit/
and Inclusion programs to foster a culture of saving among data packages, topping up electronic money, purchasing
students and provide literacy regarding banking products transportation tickets, and others.
and services. The Financial Literacy and Inclusion program 15. Branding programs at culinary centers and other
was implemented in four schools. The cities/districts where collaborations with related institutions/agencies.
the schools were located were selected based on the lowest 16. East Java Priority Acquisition Program through bundling
number of SimPel Savings accounts managed by Bank and Merchant Get Member (MGM) programs.
Jatim branches. 17. Activation program through priority merchant collaboration
5. Gathering of Bank Jatim with OPD/associations in East for anniversary, gathering, and loyalty program purposes.
Java to optimize business potential, especially for individual 18. Improving priority services through collaboration with
businesses/PT and private CVs. international standard hospitals and Golf Clinic services.
6. Gathering of Bank Jatim with PT Taspen (Persero) to share 19. Branding in the golf area and airport executive lounge.
moments of collaboration progress, obstacles faced, and
the possibility of business potential that can be optimized,
especially for ASN pension businesses.
Other Services
Other services consist of Treasury, International Banking and Bank Jatim Custodian.
TREASURY
In the modern banking industry, the treasury function occupies a highly strategic position as it serves as the center for financial
management, liquidity, and market risk. Treasury is not simply an administrative unit that regulates the flow of funds, but rather a
vital component that determines a bank’s ability to maintain stability, meet obligations, and generate sustainable profits. Amidst the
ever-changing dynamics of the global economy, the treasury’s role is increasingly crucial, as every decision it makes directly impacts
a bank’s financial soundness.
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In general, the treasury is responsible for managing liquidity to On the other hand, developments in financial technology and
ensure the bank always has sufficient funds to meet customer global market integration require treasury to operate more
withdrawals, credit financing, and other obligations. This quickly, accurately, and adaptively. The use of data-driven
management requires accurate cash flow planning, monitoring risk management systems, real-time market analysis, and
money market conditions, and close coordination with various transaction automation are crucial for improving treasury
business units within the bank. A balance between funding management effectiveness. Banks that optimize treasury
availability and cost efficiency is key, as excess liquidity can functions through technology and competent human resources
reduce profitability, while a liquidity deficit can pose serious will have a stronger competitive edge in the competitive
risks to the bank’s sustainability. financial industry.
In addition to liquidity, treasury also plays a critical role In line with Treasury’s role as one of the pillars of Bank Jatim’s
in managing market risks, including interest rate risk and profit growth, supported by professional and reliable staff, the
exchange rate risk. Fluctuations in interest rates can affect Treasury Division continuously improves its Treasury business
the cost of funds, interest income, and the value of a bank’s activities. Bank Jatim’s Treasury business encompasses money
asset portfolio. Similarly, changes in exchange rates can impact market transactions, fixed income marketable securities
foreign exchange transactions and liabilities denominated transactions, and foreign exchange transactions, conducted
in foreign currencies. Therefore, the treasury uses various by the Global Market Unit under the Treasury Division. These
financial instruments such as money market transactions, transactions are interbank transactions conducted with both
bonds, swaps, forwards, and other derivatives to hedge and bank and non-bank counterparts (securities).
maintain the stability of the bank’s income.
Bank Jatim’s Treasury business comprises portfolio
The treasury function is also closely linked to short- and management of placements with Bank Indonesia, placements
medium-term investment strategies. Banks must be able with other banks, marketable securities, and reverse repos. As
to invest undisbursed funds in safe instruments that still of December 2025, portfolio management increased 8.00%
provide optimal returns. These investment decisions take into year-on-year, from IDR27,421 billion in 2024 to IDR29,614
account not only profit levels but also asset quality, regulatory billion in 2025.
requirements, and the bank’s overall risk profile. Therefore,
treasury acts as a portfolio manager, balancing security,
liquidity, and profitability.
Graph of Total Treasury Asset Management
(in IDR Millions)
45,281,074 43,251,010 36,430,876 27,421,397 29,614,294
2021 2022 2023 2024 2025
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Table of Total Treasury Assets Under Management as of December 2024-2025
(in IDR million)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Treasury Assets Under Management 29,614,294 27,421,397 2,192,896 8.00%
The increase in Treasury assets under management was further cuts in the final few Board of Governors meetings of the
partly due to increases in reverse repo receivables and year. This policy was taken to allow time for the transmission
borrowings from other banks. This presents both a challenge of monetary easing to be effective and to take into account
and a remarkable achievement amidst the downward trend exchange rate pressures and external conditions.
in interest rates that occurred throughout 2025. In January
2025, Bank Indonesia initiated monetary easing by lowering Thus, due to the decline in interest rates, the Bank recorded a
the BI Rate to 5.75% from its previous level (around 6.00%). decline in performance in the Treasury business with interest
This move came amid relatively controlled inflation and income of IDR1,436 billion in 2025. This income was also
slowing domestic economic growth, which required monetary added to fee-based income from foreign exchange transactions
stimulus. This reduction surprised some market participants (Telegraphic Transfers and Bank Notes) and securities profits
and demonstrated the central bank’s pro-growth stance. of IDR18.01 billion, an increase of 245% from 2024 which was
Meanwhile, from October to November 2025, Bank Indonesia IDR7.3 billion, bringing the total income recorded by Treasury
chose to hold the interest rate at 4.75% and refrained from to IDR1,436 billion in 2025.
Table of Treasury Productivity 2024-2025
(in IDR million)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Placement with Bank Indonesia - - - -
Placement with other Banks 1,090 1,068 22 2.06%
Marketable Securities 16,076 16,497 (421) (2.55%)
Reverse Repo Receivables 7,328 607 6,721 1108%
Repo Liability 3,520 9,170 (5,650) (61.61%)
Borrowing 1,600 78 1,522 1,952%
Total 29,614 27,420 2,194 8.00%
Throughout 2025, the global economy navigated a challenging such as trade tensions and geopolitical uncertainty persisted,
and uncertain environment, yet demonstrated relatively while a number of countries demonstrated economic resilience
strong resilience amidst external pressures. Global growth through adaptive domestic policies. For most countries, the
was projected to remain moderate, slowing from pre-pandemic focus of economic policy shifted to maintaining inflation
trends and reflecting a combination of structural headwinds stability, stimulating domestic demand, and anticipating
and global demand dynamics. In other words, the global delayed external risks as efforts to navigate a slower and
economic landscape throughout 2025 presented a complex more uncertain global economy present key challenges for
picture: growth remained positive but moderate, external risks the Treasury Division. Domestically, throughout 2025, Bank
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Management Discussion and Analysis
04 on Bank Performance
Indonesia lowered the BI 7-Day Reverse Repo Rate (BI7DRR) Bank Jatim has also been playing an active role since being
by 1% from 5.75% to 4.75% by the end of 2025. Most Treasury appointed by Bank Indonesia as a primary dealer for monetary
activities were directly impacted by changing trends in several operations in 2024. This was evident throughout 2025, when
economic indicators, both global and domestic. Furthermore, Bank Jatim was appointed as a primary dealer for securities
market risk management for the Treasury portfolio was also transactions, BI Rupiah Funding Notes, and Overnight Index
a key focus in 2025, as the downward trend in interest rates Swap (OIS) market matchmaking. Furthermore, no less
significantly impacted yields and securities prices. To address importantly, Bank Jatim was also officially appointed by Bank
this, the Bank is reprofiling its portfolio while maintaining a Indonesia as an ACCD bank, facilitating transactions using local
strong focus on risk management. currencies between Indonesia and Malaysia, in line with the
LCTF framework.
Bank Jatim’s liquidity conditions in 2025 experienced a slight
decline compared to the previous year but remained ample Business Prospect and Strategy of Treasury for 2026
due to significant growth in credit and financing. To optimize In 2026, Bank Jatim faced a challenging year for its Treasury
income from idle funds, the bank continued to allocate the business, primarily due to tight liquidity and high cost of funds.
largest portion to securities management in 2025, considering In addition, credit growth was expected to slow, requiring the
that this portfolio provided relatively high returns compared bank to focus on maintaining credit quality and controlling
to other instruments. The purchase of securities was primarily the non-performing loan (NPL) ratio. Furthermore, the global
aimed at meeting regulatory requirements, including the economy is expected to grow more slowly in 2026 than before
Macroprudential Liquidity Buffer (PLM) ratio, and the the pandemic, with the global growth forecast at around 2.7%–
Macroprudential Intermediation Ratio (RIM) also served as a 2.9%. This indicates a moderate recovery but is still far from
strategic investment instrument to enhance the Bank’s interest the old trend. This slowdown reflects investment constraints,
income. sluggish global demand, and an uneven export recovery. 2026
will also be a crucial year, as Indonesia faces the challenge of
not only maintaining growth but also undertaking structural
Bank Jatim was also able to manage liquidity efficiently by transformation, strengthening fiscal and social resilience, and
continuing to implement the principle of compliance with capitalizing on new opportunities amidst global dynamics.
Bank Indonesia’s provisions regarding the Minimum Reserve
Requirement (GWM) and Net Open Position (PDN) throughout To face these challenges, banks and financial institutions must
2025. Bank Indonesia’s Rupiah Averaging GWM provision is have the right strategies, such as maintaining credit quality,
9.00%, while the Macroprudential Intermediation Ratio GWM controlling costs, and improving operational efficiency. In
is 0.62%. The Bank’s Rupiah GWM realization on December addition, they must be prepared to face changes occurring in
31, 2025, was 5.32%, which includes the GWM incentive the global market and economy. The Treasury will certainly
or Macroprudential Liquidity Incentive Policy of 4.50%. continue to strive to enhance its role in optimizing the bank’s
Meanwhile, the realization of the Foreign Currency GWM on business growth, both in terms of liquidity management,
December 31, 2025, was 6.94% above the Bank Indonesia fundraising, increasing profits, and increasing transactions, in
regulation of 4.00%. For Bank Jatim’s PDN, the realization on line with the Treasury’s commitment to continuously increase
December 31, 2025, was 2.55%, still within the Bank Indonesia its positive contribution to Bank Jatim. In managing idle funds,
regulation limit of 20%. the Treasury will continue to optimize through investments
by prioritizing the principle of prudence in instruments that
Treasury Competitive Advantage and Innovation generate sufficiently high returns for the Bank, especially by
Bank Indonesia (BI) had several money market development maintaining the size of the existing marketable securities
projects and programs designed to be implemented and/or portfolio.
achieve their targets by 2025 to strengthen domestic financial
markets, deepen liquidity, and improve the effectiveness of In liquidity management, the Bank focuses on providing short-
monetary policy transmission. This focus was primarily outlined term liquidity to normalize liquidity (up to a 3-month tenor)
in the 2025 Money Market Development Blueprint (BPPU 2025), following the year-end repo and improving liquidity ratios.
serving as BI’s strategic roadmap for modernizing Indonesia’s Meanwhile, to increase fee-based income from foreign exchange
money markets. In this regard, Bank Indonesia is developing transactions, Treasury is participating in the development
the money market to integrate it with the strengthening of its and finalization of mobile cross-currency transactions, with
monetary management strategy. Money market development the hope of increasing transactions and obtaining fee-based
focuses on participants, products, and pricing, as well as on income as well as expanding the bank’s market share through
integrated, interconnected, and interoperable infrastructure. optimizing treasury products and services to foster sustainable
business growth.
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INTERNATIONAL BANKING Vision:
International Banking products include remittance transactions, 1. To make Bank Jatim as the first and leading Regional
export-import transactions, Letter of Credit (L/C), and Development Bank (BPD) through the efforts to develop
Domestic Documented Letter of Credit (SKBDN) transactions. trade finance products (product re-engineering) and
An explanation of each product has been presented in the comprehensive marketing strategies
Products and Services Sub-Chapter Profile section in this 2. To create a comprehensive Bank Jatim Remittance service
Annual Report. to meet customer needs by paying attention to the speed,
accuracy, and security of transactions.
The International Banking segment is managed by the
International Banking Division. The International Banking Mission:
Division was established in July 2023 in line with Decree (SK) 1. To create, develop, and maintain Bank Jatim’s trade
Number: 064/05/15/DIR/PSM/KEP dated June 19, 2025, finance and remittance products and services in order to
concerning Organizational Structure and Work Procedures. get a comparative and competitive advantage and market
The International Banking Division is responsible for managing acceptance.
remittances, trade finance, and bank-to-bank business. For 2. To build a marketing system capable to drive Trade Finance
the Remittance and Trade Finance business, the International marketing activities and all Bank Jatim work units as
Banking Division is responsible for end-to-end management, an effort to increase the Bank Jatim’s trade finance and
from marketing to operations. To support the contribution to remittance business transactions.
the company’s revenue and the principles of Good Corporate 3. To provide adequate service in making payments to and
Governance, namely: from abroad quickly, safely, and at competitive costs.
4. To provide the best remittance service supported by a
trusted system.
International Banking productivity is described as follows:
Table of International Banking Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Remittance Transactions 6,193,044 5,688,298 504,746 8.87%
Export-Import Transactions 811,249 633,362 177,887 28.09%
Domestic Letter of Credit (SKBDN) 53,599 68,577 (14,978) (21.84%)
Graph of International Banking Productivity
(in IDR Millions)
5,688,298 6,193,044 633,362 811,249 68,577 53,599
Remittance Transactions Export-Import Transactions Domestic L/C Transactions
2024 2025
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Management Discussion and Analysis
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In 2025, the performance of Bank Jatim’s trade finance and International Banking Strategy in 2025
remittance products continued to grow on a year-on-year (YoY) The strategy carried out by International Banking Division as
basis. This reflects the bank’s role as a Foreign Exchange Bank one of Bank Jatim’s business divisions is as follows:
in both domestic and international markets, amid improving 1. Market Intelligence
economic conditions following the global pandemic. Bank By developing business processes through benchmarking
Jatim’s strategies to navigate this situation and programs in at other banks and conducting customer satisfaction
developing human resources have yielded positive results, as surveys.
evidenced by the strong performance achieved in 2024. The 2. Product and Services Development Proposal
following is a detailed analysis of the growth in trade finance Carrying out product innovations, updating internal
and remittance product performance at Bank Jatim. regulations, and penetrating foreign markets (opening
new corridors and collaborating with new remittance
1. Remittance Transactions counterparts).
Bank Jatim’s remittance transactions in 2025 amounted 3. Third Parties Reciprocal Relation
to IDR6.19 trillion, an increase of 8.87% compared to 2024 Collaborating with third parties including Remittance
which amounted to IDR5.68 trillion. Opening new business Counterparts/Money Transfer Operator (MTO),
channels for Remittance products through the BRIFAST synergizing with the Department of Manpower, Indonesian
Remittance cooperation agreement for the Taiwan and Migrant Worker Placement Companies, synergizing with
Middle East corridors, developing outbound JConnect exportimport associations or communities such as GPEI,
Remittance in collaboration with PT NIUM Mitra Indonesia, ECS, ICC, and other Export-Import Associations.
offering competitive rates for Graha Remittansi Indonesia 4. Marketing Action
and BRI Global Finance Hongkong transactions. The Conducting effective marketing communication to enhance
collaboration carried out by Bank Jatim is one that makes a brand awareness, both through specific marketing tools
significant contribution to the performance of Remittance and promotional programs or event sponsorships; actively
transactions. The strategy of opening corridors and carrying out internal and external marketing efforts
cooperation with new remittance counterparts has resulted (targeting business units at the Head Office, Branches,
in an increase in Bank Jatim’s Remittance transactions. In Sub-Branches, and prospective customers); and organizing
addition, marketing staff from Branches, Sub-Branches, gatherings with stakeholders (in this case, government
and the Head Office Business Division have contributed to agencies, Indonesian Migrant Worker communities, MTOs,
Bank Jatim’s foreign exchange product marketing efforts as well as private institutions and MSMEs engaged in
so that many customers can be acquired in 2025. foreign exchange transactions).
2. Export-Import Transactions
Bank Jatim’s export-import transactions in 2025 amounted In addition, the Trade Connect Summit 2024 was held, an
to IDR864.85 billion, an increase of 28.09% compared to event featuring exhibitions, business talk shows, and business
IDR701.93 billion in 2024. Bank Jatim’s human resources, matching activities, in collaboration with the Ministry of Trade
both marketing and operational, are sufficiently prepared of the Republic of Indonesia, particularly with representatives
and competent in marketing and executing export-import from overseas trade offices. This initiative successfully
transactions, both under letter of credit and non-letter of attracted potential buyers from 3 (three) countries: Belanda,
credit. Marketing staff acting in a customer-centric manner Taiwan, and Nigeria. The offline business matching between
are able to provide appropriate advice to customers and export-oriented SMEs/IKMs fostered by Bank Jatim and these
potential customers, so that customers feel supported, potential buyers is expected to open opportunities for global
and the customer maintenance and acquisition processes market expansion, ultimately improving Bank Jatim’s export
are relatively easier to implement. Furthermore, the role product performance.
of Bank Jatim’s Treasury Division is also able to provide
competitive rates, so that many customers can be acquired To support sustainable business in the export sector, Bank
in 2025. Jatim plays an active role in facilitating export-oriented SMEs
3. Domestic L/C Transactions to participate in coaching and business matching programs to
Bank Jatim’s SKBDN transactions in 2025 amounted produce SMEs that are capable of exporting independently in
to IDR53.60 billion, a 21.84% decrease compared to synergy with the Indonesian Ministry of Trade in conducting
IDR68.58 billion in 2024. This was largely due to a decrease Export Coaching Program (ECP) activities and in collaboration
in SKBDN requests from customers who chose the with the East Java Provincial Trade and Industry Office in
collection/transfer basis mechanism. To anticipate this, the conducting Jatim Export Trade Assistance (J-XTA) activities.
International Banking Division is exploring collaboration This can also effectively provide opportunities for the
with new strategic business partners for construction acquisition of new export-oriented customers.
project payments using SKBDN.
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International Banking Competitive Advantage and have been introduced to Bank Jatim from an early age. This
Innovation strategy aims to instill Bank Jatim’s services in the minds of
In line with the vision and mission of BPD Jatim, the International these young entrepreneurs, ensuring continued engagement
Banking Division strives to make breakthroughs, namely market as they establish their own enterprises or take over family
penetration through mentoring activities of Jatim Export Trade businesses, which ultimately serves as a strategic investment
Assistance (JXTA) and Export Coaching Program, optimizing for Bank Jatim.
opportunities through meetings with potential buyers in
pitching activities with Trade Attachés/ITPC, Trade Connect, Additionally, Bank Jatim aims to expand partnerships with
and actively participating with exporter fostered partners Remittance Counterparts/Money Transfer Operators (MTO)
in exhibition events such as the Indonesia Furniture Expo to establish new remittance transaction corridors from
(IFEX) and Trade Export Indonesia (TEI) as a step to develop abroad. This includes exploring the potential for opening new
East Java MSMEs as well as BRIFAST Remittance cooperation nostro accounts to enable transactions in additional foreign
for the Taiwan and Middle East corridors, development of currencies. Furthermore, the development of Outbound
outbound JConnect Remittance in collaboration with PT NIUM Jconnect Remittance is a key strategic initiative for enhancing
Mitra Indonesia, competitive rate offers for Graha Remittansi Bank Jatim’s remittance services, with plans to integrate it into
Indonesia, and BRI Global Finance Hongkong transactions to the Bank’s digital mobile banking platform.
assist Indonesian Migrant Workers abroad in sending/receiving
funds from/to Indonesia. It is expected that in the coming BANK JATIM CUSTODIAN
year, foreign exchange transactions through Bank Jatim will Treasury Business PrBank Jatim obtained an operating permit
increase. for custodian services from the Financial Service Authority
(OJK) under the letter No. S4/ PM.2/2019 dated January 29,
Business Prospect and Strategy of International Banking for 2019. Bank Jatim Custodian is part of the Funds and Services
2026 Division, Wealth Management Sub-Division, the services
At the end of December 2025, the total volume of foreign provided include:
exchange transactions at Bank Jatim reached the equivalent 1. Safekeeping and administration of Securities (corporate
of IDR7.05 trillion (remittance transactions, exports, imports, bonds, medium term notes, negotiable certificates of
and SKBDN) or reached 4.5% of the transaction volume target deposit, sukuk, etc.) in script or scriptless for m.
set for 2025.. This achievement highlights the potential for 2. Settlement of sale-purchase transactions of Securities.
further growth in foreign exchange transactions, particularly 3. Management of customer’s rights over ownership of
by strengthening the capacity of MSMEs in East Java to engage securities held so that the rights are effective in the
in direct exports. Seizing new opportunities by facilitating customer’s account (corporate action).
business matching and pitching sessions with potential buyers 4. Proxy at the General Meeting of Shareholders and General
and Foreign Trade Representatives is expected to foster Meeting of Bondholders.
new exporters and transactions. In 2026, Bank Jatim also 5. Sub-Registry to serve investors conducting Securities
collaborates with Brawijaya University as one of the leading transactions and investments
universities concerned with the development of entrepreneurs 6. Submission of reports and information related to securities
and exporting SMEs, where Bank Jatim can create new and/or valuable documents belonging to customers, which
embryos of prospective export-oriented entrepreneurs who are stored and administered by Bank Jatim Custodian.
The productivity of Bank Jatim Custodian is described as follows:
Table of Bank Jatim Custodian Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Asset Under Custody
January 2,338,585 2,220,352 118,233 0.05%
February 2,140,769 2,394,326 (253,557) (0.11%)
March 2,021,354 2,574,535 (553,181) (0.21%)
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Management Discussion and Analysis
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
April 1,911,869 2,527,566 (615,697) (0.24%)
May 1,932,543 2,455,290 (522,747) (0.21%)
June 1,894,402 2,501,270 (606,868) (0.24%)
July 1,962,382 2,471,387 (509,005) (0.21%)
August 2,066,793 2,446,413 (379,620) (0.16%)
September 1,949,316 2,432,591 (483,275) (0.20%)
October 1,991,920 2,319,806 (327,886) (0.14%)
November 1,925,053 2,223,848 (298,795) (0.13%)
December 1,945,024 2,306,873 (361,849) (0.16%)
Mature Effect 1,036,771 592,550 444,221 0.75%
Settled Market Securities 531,004 207,000 324,004 1.57%
Total assets under custody in 2025 reached IDR1.94 trillion, a 0.16% decrease compared to IDR2.31 trillion in 2024. This decrease was
primarily due to an increase in the number of securities sales and maturities to custodian clients and managed securities instruments.
Graph of Bank Jatim Custodian Securities Managed Fund
(in IDR Millions)
2,500,000
2,000,000
1,500,000
1,000,000
2,455,290
2,220,352
2,338,585
2,223,848
2,066,793
2,394,326
1,894,402
1,945,024
2,527,566
2,306,873
2,021,354
2,574,535
1,925,053
1,932,543
1,962,382
2,140,769
2,446,413
2,319,806
2,432,591
2,501,270
1,991,920
1,949,316
500,000
2,471,387
1,911,869
0
January February March April May June July August September October November December
2024 2025
Custodian service customers consist of internal and external customers of Bank Jatim. Internal customers do not directly provide
income and profit, but there is cost efficiency for securities that were previously stored by the Treasury Division in other custodian
banks.
Bank Jatim Custodian Strategy for 2026 5. Marketing custodian services to fellow BPDs with more
Bank Jatim Custodian‘s strategy for 2026 is as follows: competitive storage costs.
1. Addition of KUB Bank Customers and Pension Funds 6. Marketing custodian services to Pension Fund Foundations
2. Business expansion with the addition of wealth management in the East Java region with more competitive storage costs.
support custodian services
3. Update on the core custodian system to accommodate Bank Jatim Custodian Competitive Advantage and
reconciliation, electronic proxy submission and compliance Innovation
with C-Best Next G. Bank Jatim Custodian competitive advantage and innovations
4. Development of the core custodian system related to the include:
custodian customer portfolio inquiry menu facility. 1. Competitive safe keeping costs.
2. Provide additional services related to reporting for free.
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Bank Jatim Custodian Business Prospects in 2026 b. Creation of a system to form SID and SRE through the
The business prospects of Bank Jatim Custodian in 2026 are J-Invest application that is synchronized with C-Best.
as follows: So that the addition of retail custodian customers
1. Priority Customer/Wealth Management through the J-Invest application can be realized.
2. Collaboration on custodial services with the Bank Business c. Development of the core custodian system related to
Group Pension Fund Foundation the custodian customer portfolio inquiry menu facility.
3. Cooperation in custodian services with Bank Business Customers can access their portfolios independently
Group (KUB) Bank Jatim through this facility.
4. Cooperation in custodian services with the Pension Fund d. Expansion of custodian services business to support
Foundation in the East Java region. Bank Jatim’s wealth management
5. Collaboration in custodial services with BUMD companies 2. Marketing Action
and private companies in the East Java region. Marketing Custodian services to Institutions, Corporations,
6. Cooperation in custodian services with BPD in Indonesia. Pension Funds in East Java, and to other BPDs. Marketing
with an emphasis on competitive service fees compared to
Bank Jatim Custodian Strategy for 2026 other Custodians. Raising brand awareness of Bank Jatim
The strategies that will be implemented by Bank Jatim Custodian Services products by conducting promotional
Custodian for 2026 are as follows: events and socialization to Business Units located in all
1. Development System Bank Jatim Branch offices. Holding Gatherings for existing
a. Updating the core custodian system that can and prospective customers with the aim of increasing
accommodate systematic reconciliation, electronic custodian managed assets.
submission of Corporate Action and proxy and
adjustments to the C-Best Next G Application.
Sharia Segmen
Bank Jatim sharia segment consisted of third-party funds/ Sharia Segment Explanation and Productivity
deposits, financing and services. Network expansion is a
supporting factor for the development of the Sharia Business Third Party Fund Sharia
Unit (UUS) of Bank Jatim. Customers can perform banking
transactions easily through the UUS network which included Sharia third party funds consist of iB Barokah Current Account
7 (seven) Sharia Branch Offices, 10 (ten) Sharia Sub-Branch (Wadi’ah), iB Barokah Current Account (Mudharabah), Simpel iB
Offices, 4 (four) Cash Offices, 8 (eight) Sharia Payment Points, Savings, TabunganKu iB, Umroh iB Amanah Savings, SiPandai
691 (six hundred and ninety one) Sharia Laku Pandai Agents, 198 iB Barokah Savings, Santri (Student) Savings, Barokah Savings,
(one hundred and ninety eight) Sharia Service Offices (KLS), 26 iB Barokah Sejahtera Savings, Hajj iB Amanah Savings, Haji iB
(twenty six) ATM Machines, 10 (ten) CRM ATM Machines and 7 Amanah Savings, iB Barokah Pension and Barokah Deposits.
(seven) Mobile Cash Cars. An explanation of each Sharia Funding product has been
presented in the Profiles section of the Products and Services
Sub-Chapter in this Annual Report.
The description of Sharia TPF Productivity is presented as follows:
Table of Sharia TPF Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current Account iB Barokah (Wadiah) 119,856 169,114 (49,258) (29.13%)
Current Account iB Barokah (Mudharabah) 70,542 40,483 30,059 74.25%
Simple Savings iB 13,726 11,783 1,943 16.49%
TabunganKu iB 73,754 67,824 5,930 8.74%
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Management Discussion and Analysis
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Umroh iB Amanah Savings 4,881 5,758 (877) (15.23%)
SiPandai iB Barokah Savings 40 43 (3) (7.07%)
Santri (Student) Savings 8,690 662 8,028 1,212.65%
iB Barokah Savings 591,994 469,955 122,039 25.97%
iB Barokah Prioritas Savings 16,972 0 16,972 100.00%
Barokah Sejahtera Savings 2,302 11,523 (9,221) (80.02%)
Hajj iB Amanah Savings 386,221 39,679 346,542 873.36%
IB Barokah Savings Plan 1,664 1,953 (289) (14.82%)
IB Barokah Pension Savings 58 51 7 13.61%
Barokah Deposits 2,443,898 1,745,479 698,419 40.01%
Total 3,734,597 2,927,376 807,221 27.57%
Sharia third-party funds (DPK) in 2025 reached IDR3.73 trillion, an increase of IDR807.22 billion, or 27.57%, compared to IDR2.93
trillion in 2024. The increase in Sharia third-party funds was primarily driven by growth in the iB Amanah Hajj Savings account, which
rose 873.36%, or IDR34.52 billion.
The description of TPF Syariah customers is presented as follows:
Table of Sharia TPF Customers
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current Account iB Barokah (Wadiah) 1,973 1,843 130 7.05%
Current Account iB Barokah (Mudharabah) 207 95 112 117.89%
Simple Savings iB 67,919 61,037 6,882 11.28%
TabunganKu iB 49,063 45,633 3,430 7.52%
Umroh iB Amanah Savings 2,736 2,470 266 10.77%
SiPandai iB Barokah Savings 691 521 170 32.63%
Santri (Student) Savings 37,235 28,449 8,786 30.88%
iB Barokah Savings 63,550 57,088 6,462 11.32%
iB Barokah Prioritas Savings 66 0 66 100.00%
Barokah Sejahtera Savings 16 36 (20) (55.56%)
Haji iB Amanah Savings 135,924 132,619 3,305 2.49%
IB Barokah Savings Plan 364 382 (18) (4.71%)
IB Barokah Pension Savings 113 115 (2) (1.74%)
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Annual Report
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Barokah Deposits 3,046 3,216 (170) (5.29%)
Total 362,903 333,504 29,399 8.82%
The growth in the number of third party funds (DPK) is followed by an increase in the number of customers. In 2025, the number
of DPK customers at Bank Jatim Sharia Business Unit (SBU) was 362,903 customers, an increase of 29,399 customers or 8.82%
compared to 2024. This increase was mainly due to an increase in the number of customers of the Santri Savings account by 8,786
customers or 30.88%. In general, the number of customers in most DPK products at Bank Jatim SBU increased compared to 2024,
but only one product, the Barokah Sejahtera Savings account, experienced a decrease by 20 customers or 55.56%.
Graph of Growth TPF Sharia Graph of Growth Funding Sharia Customers
(in IDR Millions) (in Customer)
2,927,376 3,734,597 333,504 362,903
Total TPF Number of TPF Customers
2024 2025 2024 2025
The performance description of each Sharia TPF product is • TabunganKu iB
presented as follows: The TabunganKu iB experienced an increase of IDR5.93
• Current Account iB Barokah (Wadiah) billion or 8.74% from IDR67.82 billion to IDR73.75 billion
The iB Barokah Demand Deposit (Wadiah) experienced in 2025. In terms of the number of customers, TabunganKu
a decrease of IDR49.26 billion or 29.13% from IDR169.11 iB experienced an increase of 3,430 customers or 7.52%
billion to IDR119.86 billion in 2025. In terms of the number compared to 2024.
of customers, Giro iB Barokah (Wadiah) experienced an • Umroh iB Amanah Savings
increase of 130 customers or 7.05% compared to 2024. The iB Amanah Umrah Savings experienced a decrease
• Current Account iB Barokah (Mudharabah) of IDR877.20 million or 15.23% from IDR5.76 billion
The iB Barokah Demand Deposit (Mudharabah) experienced to IDR4.88 billion in 2025. In terms of the number of
an increase of IDR30.06 billion or 74.25% from IDR40.48 customers, iB Amanah Umrah Savings experienced an
billion to IDR70.54 billion in 2025. In terms of the number increase of 266 customers or 10.77% compared to 2024.
of customers, Giro iB Barokah (Mudharabah) experienced • SiPandai iB Barokah Savings
an increase of 112 customers or 117.89% compared to 2024. The SiPandai iB Barokah Savings experienced a decrease
• Simpel iB Savings of IDR3.04 million or 7.07% from IDR43.00 million to
The iB Simple Savings experienced an increase of IDR1.94 IDR39.96 million in 2025. In terms of the number of
billion or 16.49% from IDR11.78 billion to IDR13.73 billion customers, SiPandai iB Barokah Savings experienced an
in 2025. In terms of the number of customers, iB Simple increase of 170 customers or 32.63% compared to 2024.
Savings experienced an increase of 6,882 customers or
11.28% compared to 2024.
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Management Discussion and Analysis
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• Santri Savings to IDR386.22 billion in 2025. In terms of the number of
The Santri Savings experienced an increase of IDR8.03 customers, there was an increase of 3,305 customers or
billion or 1,212.65% from IDR662.00 million to IDR8.69 2.49% compared to 2024.
billion in 2025. In terms of the number of customers, Santri • iB Barokah Savings Plan
Savings experienced an increase of 8,786 customers or The iB Barokah Savings Plan experienced a decrease of
30.88% compared to 2024. IDR289.34 million or 14.82% from IDR1.95 billion to IDR1.66
• iB Barokah Savings billion in 2025. In terms of the number of customers, the
The iB Barokah Savings experienced an increase of iB Barokah Savings Plan experienced a decrease of 18
IDR122.04 billion or 25.97% from IDR469.55 billion to customers or 4.71% compared to 2024.
IDR591.99 billion in 2025. In terms of the number of • iB Barokah Pension Savings
customers, Barokah Savings experienced an increase of The iB Barokah Pension Savings experienced an increase
6,462 customers or 11.32% compared to 2024. of IDR6.94 million or 13.60% from IDR51.00 million to
• Barokah Sejahtera Savings IDR57.94 million in 2025. In terms of the number of
The Barokah Sejahtera Savings experienced a decrease of customers, iB Barokah Pension Savings experienced a
IDR9.22 billion or 80.02% from IDR11.52 billion to IDR2.30 decrease of 2 customers or 1.74% compared to 2024.
billion in 2025. In terms of the number of customers, • Barokah Deposits
Barokah Sejahtera Savings experienced a decrease of 20 The Barokah Deposits experienced an increase of
customers or 55.56% compared to 2024. IDR698.42 billion or 40.01% from IDR1.75 trillion to IDR2.44
• Haji iB Amanah Savings trillion in 2025. In terms of the number of customers,
The iB Amanah Hajj Savings experienced an increase Barokah Deposits experienced a decrease of 170 customers
of IDR346.54 billion or 873.36% from IDR39.68 billion or 5.29% compared to 2024.
Sharia Financing
Sharia Financing consists of Consumer, Micro, Retail, Medium and Corporate Financing. Consumer Financing includes Gold iB
Barokah, KPR iB Griya Barokah, KPR Sejahtera, Employee Financing, Multipurpose iB Barokah, Gold Ownership iB Barokah, Umroh
Bailout Loan iB Maqbulla, Hajj Al Mabrur Bailout Loan, and Consumptive Cash Collateral Financing (CCF). Micro, Retail, Medium
and Corporate Financing includes Linkage, General Financing, Contractor Working Capital Financing, Productive Cash Collateral
Financing (CCF), and Sharia KUR. Explanations of each Sharia Financing product have been presented in the Profile section of the
Product and Services Sub-Chapter in this Annual Report.
The description of Sharia Financing Productivity is presented as follows:
Table of Sharia Financing Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Consumer Financing
iB Barokah Gold Mortgage 82,906 43,235 39,671 91.76%
Home Ownership Loans (KPR) Griya Barokah 825,974 787,660 38,314 4.86%
a. Commercial KPR 271,800 292,586 (20,786) (7.10%)
b. Housing Finance Liquidity Facility KPR (FLPP) 554,174 495,074 59,100 11.94%
Employee Financing 123,981 145,130 (21,149) (14.57%)
Multipurpose iB Barokah 64,330 59,701 4,629 7.75%
Gold Ownership (KLE) iB Barokah 2,645 1,913 733 38.31%
iB Barokah Umrah Advance 379 192 188 97.90%
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Annual Report
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Hajj Al Mabrur Bailout Loan - - - 0.00%
Consumptive Cash Collateral Financing (CCF) 3,146 1,483 1,663 112.20%
Sub Total Consumer 1,103,361 1,039,314 64,047 6.16%
Micro, Retail, Medium, and Corporate
Linkage 37,093 46,137 (9,044) (19.60%)
a. Cooperative Financing for Members (PKPA) 33,094 43,938 (10,844) (24.68%)
b. Sharia Rural Bank (BPRS) 3,999 2,199 1,800 81.86%
General 1,408,782 1,398,732 10,050 0.72%
a. Investment 1,187,310 1,167,933 19,377 1.66%
b. Working Capital 218,475 218,045 430 0.20%
c. Factoring 2,997 12,754 (9,757) (76.50%)
Contractor (Presidential Decree Financing) 40,031 70,836 (30,804) (43.49%)
Cash Collateral Financing (CCF) Produktif - 299 (299) (100.00%)
Micro Business Loan (KUR) 137,681 110,508 27,173 24.59%
Sub Total Micro, Retail, Medium, and Corporate 1,623,587 1,626,510 (2,923) (0.18%)
Total 2,726,948 2,665,824 61,124 2.29%
The total financing in 2025 was realized at IDR2.73 trillion, In terms of composition, the largest contribution to total
representing an increase of IDR61.12 billion or 2.29% compared financing in 2025 came from general investment financing,
to IDR2.67 trillion in 2024. The financing portfolio comprised with an outstanding balance of IDR1.19 trillion, reflecting
various schemes, including Gadai Emas iB Barokah, Property a 1.66% increase from 2024. This segment accounted for
Financing (Mortgage/KPR), Housing Financing Liquidity 43.54% of total outstanding financing. Within this investment
Facility (FLPP) Mortgage, Employee Financing, Multipurpose financing segment, the Sharia Business Unit (UUS) of Bank
iB Barokah, Gold Ownership Financing (KLE), Hajj Bailout Jatim collaborated with Muhammadiyah to channel financing
Financing (Al Mabrur), Umrah Financing iB Maqbula, Consumer to Muhammadiyah Business Association (AUM). In addition,
Cash Collateral Financing (CCF), General Financing, Contractor the Bank participated in syndicated financing for PT Indah
Working Capital Financing, Productive Cash Collateral Kiat Pulp & Paper Tbk, the Pasuruan–Probolinggo Toll Road
Financing (CCF), and Sharia Micro Credit (KUR Syariah). The project through PT Transjawa Paspro Jalan Tol, the Semarang–
increase was primarily driven by the growth in several financing Demak Toll Road project through PT Pembangunan Perumahan
schemes, including Gadai Emas iB Barokah, which increased by Semarang Demak, as well as other toll road development
IDR39.671 billion or 91.76%; Housing Financing Liquidity Facility projects. The second-largest contribution came from Housing
(FLPP) Mortgage, which rose by IDR59.10 billion or 11.94%; Financing Liquidity Facility (FLPP) Mortgage, which remains a
Multipurpose iB Barokah, which grew by IDR4.629 billion or key focus in financing distribution to low-income communities
7.75%; Gold Ownership Financing (KLE), which increased by (MBR), as the Bank’s Sharia Business Unit continues to support
IDR733 million or 38.31%; Umrah Bailout Financing iB Barokah, government programs in subsidized housing financing. In
which rose by IDR188 million or 97.90%; Consumer Cash 2025, the achievement in this segment was highly satisfactory.
Collateral Financing (CCF), which increased by IDR1.66 billion The outstanding balance of FLPP Mortgage financing reached
or 112.20%; Investment Financing, which rose by IDR19.378 IDR554.17 billion, representing an increase of 11.94% compared
billion or 1.66%; Working Capital Financing, which increased to 2024, and accounted for 20.32% of total outstanding
by IDR430 million or 0.20%; and Sharia KUR Financing, which financing.
grew by IDR27.17 billion or 24.59%.
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Management Discussion and Analysis
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The description of Sharia Financing customers is presented as follows:
Table of Sharia Financing Customers
(in number of customers)
Pertumbuhan
Uraian 2025 2024
Rp %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Pembiayaan Konsumer
Gadai Emas iB Barokah 2,364 1,851 513 27.71%
Pembiayaan Properti (KPR) 6,141 5,669 472 8.33%
a. KPR Komersil 1,167 1,263 (96) (7.60%)
b. KPR Fasilitas Likuiditas Pembiayaan Perumahan (FLPP) 4,974 4,406 568 12.89%
Pembiayaan Pegawai 553 563 (10) (1.78%)
Multiguna iB Barokah 746 684 62 9.06%
Kepemilikan Logam Emas (KLE) iB Barokah 223 169 54 31.95%
Talangan Umroh iB Barokah 9 9 0 0.00%
Talangan Haji Al Mabrur 0 0 0 0.00%
Cash Collateral Financing (CCF) Konsumtif 58 4 54 1,350.00%
Subtotal Konsumer 10,094 8,949 1,145 12.79%
Subtotal Mikro, Ritel, Menengah, dan Korporasi
Linkage 38 157 (119) (75.80%)
a. Pembiayaan Koperasi Pada Anggota (PKPA) 36 156 (120) (76.92%)
b. Bank Pembiayaan Rakyat Syariah (BPRS) 2 1 1 100.00%
Umum 989 942 47 4.99%
a. Investasi 402 349 53 15.19%
b. Modal Kerja 585 582 3 0.52%
c. Anjak Piutang 2 11 (9) (81.82%)
Kontraktor 43 54 (11) (20.37%)
Cash Collateral Financing (CCF) Produktif 0 1 (1) (100.00%)
Kredit Usaha Rakyat (KUR) 1692 1,069 623 58.28%
Subtotal Mikro, Ritel, Menengah, dan Korporasi 2,762 2,223 539 24.25%
Total 12,856 11,172 1,684 15.07%
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Annual Report
2025
Graph of Growth Graph of Growth
Sharia Financing Sharia Financing Customers
(in IDR Millions) (in Customer)
2,665,824 2,726,948 11,172 12,856
Total Financing Total Number of Financing Customers
2024 2025 2024 2025
The performance description of each Sharia Financing product d. Gold Ownership
is presented as follows: In 2025, financing disbursement for Gold Ownership
1. Consumer Financing (KLE) increased by IDR733 million or 38.31%, from
a. Emas iB Barokah Gold Mortgage IDR1.91 billion in 2024 to IDR2.65 billion in 2025. The
During 2025, disbursement of financing through Emas number of customers also rose by 54 customers, from
iB Barokah increased by IDR39.671 billion or 91.76%, 169 customers in 2024 to 223 customers in 2025.
from IDR43.235 billion in 2024 to IDR82.906 billion e. Umroh iB Barokah Multi-Service
in 2025. The number of pawn financing customers also Disbursement of Umrah Bailout Financing iB Barokah
rose by 531 customers, from 1,851 customers in 2024 increased by 97.90% or IDR188 million, from IDR192
to 2,364 customers in 2025. million in 2024 to IDR379 million in 2025. In terms of
b. iB Barokah Property Financing customer numbers, there was no change, remaining at
The composition of Property Financing iB Barokah 9 customers in both 2024 and 2025.
consists of Commercial Mortgages (KPR Komersial) and f. Hajj Bailout Financing
FLPP Mortgages. Total outstanding property financing For Hajj Bailout Financing, no further expansion was
in 2025 amounted to IDR825.97 billion, representing carried out due to prevailing government regulations;
an increase of 4.86% compared to IDR787.66 billion in therefore, there was no increase in financing
2024. In 2025, disbursement of Commercial Mortgages disbursement in 2025.
declined by 7.10% or nominally decreased by IDR20.79 g. Consumptive Cash Collateral Financing (CCF)
billion compared to 2024. Mortgage realization was During 2025, Consumer Cash Collateral Financing
primarily driven by FLPP Mortgages, which increased (CCF) recorded an increase of 112.20%, rising from
by 11.94% or IDR59.1 billion compared to the previous IDR1.48 billion in 2024 to IDR3.15 billion in 2025. The
year. In terms of customer base, while the number of number of customers also increased significantly by 54
Commercial Mortgage customers decreased by 96 customers, from 4 customers in 2024 to 58 customers
customers, FLPP Mortgage customers increased by in 2025..
568 customers.
c. Multipurpose iB Barokah
Throughout 2025, the Sharia Business Unit (UUS) of
Bank Jatim recorded an increase in Multipurpose iB
Barokah financing disbursement of IDR4.63 billion
or 7.75%, from IDR59.70 billion in 2024 to IDR64.33
billion in 2025. The number of customers also increased
by 62 customers, from 684 customers in 2024 to 746
customers in 2025.
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Management Discussion and Analysis
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2. Micro, Retail, Medium and Corporate Financing c. Contractor Financing
a. Linkage In 2025, UUS Bank Jatim recorded a decline in
Linkage financing is channeled through PKPA Contractor Working Capital Financing disbursement
(Cooperative Financing to Members) schemes and of IDR30.80 billion or 43.49%, from IDR70.84 billion
linkage financing to Sharia Rural Banks (BPRS). During in 2024 to IDR40.03 billion in 2025. The number
2025, the Sharia Business Unit (UUS) of Bank Jatim of customers in this segment also decreased by 11
recorded a decline in linkage financing disbursement customers, from 54 customers in 2024 to 43 customers
of IDR9.04 billion or 19.60%, from IDR46.14 billion in in 2025.
2024 to IDR37.09 billion in 2025. In terms of customer d. Productive Cash Collateral Financing (CCF)
base, linkage financing also experienced a decrease During 2025, there was no disbursement of Productive
of 119 customers, from 157 customers in 2024 to 38 Cash Collateral Financing (CCF), resulting in a decline
customers in 2025. in outstanding balance by IDR299 million. The number
b. General Financing of customers also decreased by 1 customer in 2025.
General Financing refers to financing extended to e. Sharia KUR Financing
both individuals and legal entities to meet working Throughout 2025, UUS Bank Jatim recorded an
capital and/or investment needs. During 2025, UUS increase in Sharia KUR financing disbursement of
Bank Jatim recorded growth in general financing of IDR27.17 billion or 24.59%, rising from IDR110.51 billion
IDR10.05 billion or 0.72%, increasing from IDR1.40 in 2024 to IDR137.68 billion in 2025. The number
trillion in 2024 to IDR1.41 trillion in 2025. From the of customers also increased significantly by 623
customer perspective, the number of general financing customers, from 1,069 customers in 2024 to 1,692
customers also increased by 47 customers, from 942 customers in 2025.
customers in 2024 to 989 customers in 2025.
Other Services - Sharia
The Sharia Treasury business includes money market and securities transactions carried out by the Sharia Treasury Group under
the Sharia Business Division. The Sharia Treasury Portfolio facility includes Sharia Bank Indonesia Deposit Facilities FASBIS), Bank
Indonesia Sukuk Interbank Deposits (SukBI), Sharia Interbank Mudharabah Investment Certificates (SIMA), Sharia Participation
Mutual Funds Limited Liability Securities (RDSPT) and State Sharia Securities (SBSN).
The description of Sharia Treasury Productivity is presented as follows:
Table of Sharia Treasury Productivity
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Sharia Bank Indonesia Deposit Facilities (FASBIS) 363,574 265,000 98,574 37.20%
Bank Indonesia Sukuk Interbank Deposits (SukBI) 285,560 420,377 (134,817) (32.07%)
ShariaInterbankMudharabahInvestmentCertificates(SIMA), 300,000 950,000 (650,000) (68.42%)
Interbank Sharia Fund Management Certificates (SIPA) 1,100,000 - 1,100,000 100.00%
Sharia Money Market Mutual Funds (RDPU Syariah) 100,000 - 100,000 100.00%
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Sharia Limited Participation Mutual Funds (RDPT Syariah) 25,000 - 25,000 100.00%
Sovereign Sharia Securities (SBSN) 113,000 63,000 50,000 79.37%
Sharia Corporate Securities 12,000 12,000 - -
Deposits 50,000 - 50,000 100.000%
Total 2,349,134 1,710,377 638,757 37.35%
In 2025, FASBIS placements of Bank Jatim’s Sharia Business equity participation in Sharia-compliant fund management and
Unit amounted to IDR363.57 billion, representing an increase constitutes a key instrument in the Sharia Interbank Money
of IDR98.57 billion or 37.20% compared to December 2024. Market (PUAS). As of 31 December 2025, SIPA placements of
This increase was primarily attributable to limited absorption in Bank Jatim’s Sharia Business Unit amounted to IDR1,100.00
the money market, resulting in excess idle funds being placed in billion, representing an increase of IDR1,100.00 billion or
Bank Indonesia’s liquidity absorption instruments under Open 100.00% compared to December 2024. This increase reflects
Market Operations (OPT Absorption). a strategic shift toward more secure instruments, while also
optimizing returns and maintaining short-term liquidity.
Bank Indonesia Sukuk Interbank Deposits (SUKBI) is another
instrument of Bank Indonesia‘s Sharia Monetary Operations Sharia Money Market Mutual Funds (RDPU Sharia) are collective
that functions as a contraction tool to absorb excess liquidity investment schemes managed by investment managers,
(absorb). This instrument has a tenor option of 7 (seven) days to whereby funds are pooled from investors and invested in a
12 (twelve) months. During 2024, Bank Jatim‘s Sharia Business portfolio of securities, all of which must comply with Sharia
Unit actively participated in the SUKBI auction and became principles in the capital market. As of 31 December 2025,
an alternative placement to maintain short-term liquidity RDPU Sharia placements of Bank Jatim’s Sharia Business Unit
positions (under 1 year). As of December 2025, Sukuk Bank amounted to IDR100.00 billion, representing an increase of
Indonesia (SUKBI) holdings of Bank Jatim’s Sharia Business IDR100.00 billion or 100.00% compared to December 2024.
Unit amounted to IDR285.56 billion, representing a decrease This increase was driven by a strategy to optimize returns while
of IDR134.82 billion compared to December 2024. This decline maintaining short-term liquidity.
was driven by a strategic shift from long-term placements to
short-term instruments in order to manage liquidity amid Sharia Limited Participation Mutual Funds (RDPT Sharia) are
tightening liquidity conditions. In addition, this measure was investment vehicles used to pool funds from professional
also undertaken to diversify investment instruments. investors, which are then invested by investment managers
in securities portfolios related to real sector projects. As
Sharia Interbank Mudharabah Investment Certificates of 31 December 2025, RDPT Sharia placements of Bank
(SIMA) is a certificate issued by a Sharia Commercial Bank or Jatim’s Sharia Business Unit amounted to IDR25.00 billion,
Sharia Business Unit which is used as a means of short-term representing an increase of IDR25.00 billion or 100.00%
investment in PUAS with a mudharabah contract. The position compared to December 2024. This increase reflects a strategy
of SIMA placement of Bank Jatim‘s Sharia Business Unit as of aimed at optimizing returns.
December 31, 2025 was IDR300.00 billion, reflecting a decrease
of IDR650.00 billion or 68.42% compared to December 2024. Sovereign Sharia Securities (SBSN) are securities issued by
This decline was attributable to a strategic shift toward other, the Government for the portion of participation in assets
more secure investment instruments. with sharia principles that are commonly traded in the capital
market and money market. As of December 2025, the types of
Sharia Interbank Fund Management Certificates (SIPA) are SBSN owned by the Bank Jatim Sharia Business Unit are Retail
certificates issued by Islamic banks receiving fund placements Sukuk with the Ijarah Asset to be Leased contract and Project
from other Islamic banks. This instrument serves as proof of Based Sukuk with the same contract. Overall, Government
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Management Discussion and Analysis
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Sharia Securities (SBSN) held by Bank Jatim’s Sharia Business 2025 totaling IDR12.00 billion. The purchase of these Corporate
Unit increased by IDR50.00 billion or 79.37%, from IDR63.00 Securities was taken in order to meet the provisions of the RIM
billion in 2024 to IDR113.00 billion in 2025. This increase was ratio.
driven by a strategy to diversify the Sharia Treasury portfolio,
fulfill the High Quality Liquid Assets (HQLA) ratio requirement, Overall, as of December 2025, Sharia Treasury managed funds
and optimize treasury income. reached IDR2,349 billion, representing an increase of 37.35%
compared to December 2024. Of this total, 93.61% consisted of
Corporate Securities are Securities issued by corporate short-term placements, while only 6.39% comprised long-term
companies operating in accordance with sharia principles placements.
owned by the Sharia Business Unit of Bank Jatim in December
Portfolio Chart and Composition of Sharia Treasury Idle Fund Management in 2025
Average Treasury Fund Management
3,000,000,000,000.00
2,500,000,000,000.00
2,000,000,000,000.00
1,500,000,000,000.00
1,000,000,000,000.00
500,000,000,000.00
0
January February March April May June July August September October November December
Composition
46.83% SiPA
15.48% Fasbis
12.77% Sima
12.16% Sukuk of Bank Indonesia (SukBI)
4.81% Government sharia securities (SBSN)
4.26% Reksadana (RDPU Syariah)
2.13% Deposit
1.06% Reksadana (RDPT Syariah)
0.51% Sharia Corporate Securities
The composition of placements, from the largest to the smallest, is as follows:
a. 46,83% allocated to SIPA, with a portfolio of IDR1,100.00 billion.
b. 15,48% allocated to FASBIS with a portfolio of IDR363 billion.
c. 12,77% allocated to SIMA with a portfolio of IDR300 billion.
d. 12,16% allocated to SUKBI with a portfolio of IDR285.00 billion.
e. 4,81% allocated to SBSN with a portfolio of IDR113.00 billion.
f. 4,26% allocated to Sharia Money Market Mutual Funds, with a portfolio of IDR100.00 billion.
g. 2,13% allocated to Deposits, with a portfolio of IDR50.00 billion.
h. 1,06% allocated to Sharia Limited Participation Mutual Funds, with a portfolio of IDR25.00 billion.
i. 0,51% allocated to Marketable Securities, with a portfolio of IDR12.00 billion.
206 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
SHARIA SEGMENT STRATEGY IN 2025 launched the “Kejutan” Program. This program is
The TPF and Sharia Segment Financing strategies implemented designed to attract customers by offering incentives
in 2024 are as follows: in the form of cashback or shopping vouchers,
• Sharia TPF subject to a holding period for fresh fund placements
Sharia TPF strategy through increasing CASA and fee- with tenors of 3, 6, or 12 months. As part of its
based income using two strategic approaches, namely promotional strategy, the program was introduced
maintaining existing customers and acquiring new under three main themes: Kejutan Lebaran, Kejutan
customers, which are described as follows: Kemerdekaan, and Kejutan Akhir Tahun.
1. Existing Customer Maintenance c. Sharia Digital Ecosystem Development
a. Recall of Dormant/Inactive Customers (Current Bank Jatim UUS continues to expand its digital
Account/Savings/Deposits) services and strengthen collaborations with
The mandatory activity carried out by funding partners through various platforms, including
officers is to re-communicate with customers who corporate internet banking, customer self-service
are no longer actively transacting but still have a (CSS), the Katalis application, Jatim Code QRIS
balance. This is done as an effort to increase the merchant services, virtual accounts, and other
TPF balance as well as cross-selling. digital solutions. These initiatives target both
b. Improve relations with potential partners and existing and prospective customers, with the aim
customers on a regular basis of establishing a comprehensive Sharia digital
Bank Jatim Syariah periodically maintains existing ecosystem centered on Bank Jatim UUS. As part
customers and increases partners and potential of its promotional efforts, Bank Jatim UUS also
customers. One of the strategies carried out is introduced incentive programs, including free
that Bank Jatim Syariah supports the East Java Katalis device procurement, as well as support for
Provincial Government program, namely the Samsat OPOP and MPOS programs.
development of One Islamic Boarding School One d. Memorandum of Understanding between Bank
Product (OPOP). In addition, UUS Bank Jatim has Jatim UUS and Universitas Terbuka
collaborated with its partners in various initiatives In support of business expansion and to strengthen
to enhance its brand image, including participation stakeholder synergy, Bank Jatim UUS entered into
in events such as Sparkling Ramadhan, Genzi Al- a collaboration with Universitas Terbuka through
Akbar religious gatherings, the Surabaya City waqf the signing of a Memorandum of Understanding
fundraising program initiated by the Indonesian on the Provision of Banking Services and the
Waqf Board (BWI) Surabaya, the East Java Ministry implementation of the Higher Education Tridharma
of Religious Affairs waqf launching program in the banking sector on May 17, 2025.
initiated by BWI East Java, live on-air programs with e. Cooperation Agreement between Bank Jatim
Suara Surabaya Radio, and other related activities. UUS and the Government Investment Center
Furthermore, UUS Bank Jatim has strengthened Bank Jatim UUS also established cooperation
synergy with Sharia Rural Banks (BPRS) that are with the Government Investment Center (Pusat
members of the APEX Bank Jatim UUS network, Investasi Pemerintah) through the signing of a
aiming to enhance institutional collaboration and Cooperation Agreement on the Management of
expand business opportunities. Channeling Guarantees at PT Bank Pembangunan
2. New Customer Acquisition Daerah Jawa Timur Tbk in the context of financing
a. The Barokah Sejahtera Savings Program (TBS) Micro, Small, and Medium Enterprises (MSMEs) on
The Barokah Sejahtera Savings Program (TBS) August 8, 2025.
The TBS program is an extension program of • Sharia Financing
the previous Barokah Sejahtera Savings (TBS) Strategic financing steps which are priority agendas taken
period (Batch 1-8) which is expected to increase in the 2025 period include:
Barokah Savings customers where customers will 1. Improvement of the acceleration of the Service Level
be able to receive prizes directly by depositing Agreement (SLA) process for financing proposals
balances within a certain period of time. This TBS processed at Branch Offices and Head Offices.
extension program is valid from November 2024 2. Focus on distributing financing to the education/
to September 2025. The program can also be Islamic boarding school, health, MSME businesses,
implemented at the Sharia Service Office. cooperatives sectors that will become customer-based
b. Kejutan Program in mastering the market ecosystem at UUS Bank Jatim.
As part of efforts to achieve Third-Party Funds 3. Participate in the success of the government’s program
(DPK) targets across Sharia Branches and Sub- in accelerating the construction of 1 (one) million
Branches in 2025, as well as to support CASA houses by contributing to the distribution of Housing
growth, Bank Jatim’s Sharia Business Unit (UUS) Finance Liquidity Facility (KPR FLPP).
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Management Discussion and Analysis
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4. Supporting infrastructure development which is 1. Existing Customer Maintenance
the Government’s National Strategic Program, a. Recall of Dormant/Inactive Customers (Current
including participating in syndication financing for Account/Savings/Deposits)
the construction of Toll Roads and other syndication The mandatory activity carried out by funding
financing. In addition, for this syndication financing, officers is to re-communicate with customers who
UUS Bank Jatim can optimize the disbursement plan are no longer actively transacting but still have a
for the remaining syndication financing withdrawal balance. This is done as an effort to increase the
facilities and other financing that has been approved. TPF balance as well as cross-selling.
5. Optimization of the distribution of Sharia KUR financing b. Implementation of the 2026 Tebar Barokah
in 2025. Program
6. Proposed margin adjustments according to applicable The Tebar Barokah program aims to enable customers
rates and can compete in the market. who own Barokah Savings accounts to increase their
7. Diversifying financing products by distributing Cash account balances. Prizes are given through a point
Collateral Financing (CCF) in 2025. redeem system where customers who are entitled
to points are customers with an average balance
SHARIA SEGMENT COMPETITIVE ADVANTAGE AND at the end of the month of 1 (one) million rupiah.
INNOVATION Meanwhile, those who are entitled to redeem points
Competitive advantage was obtained through sharia contracts are customers who have obtained 500 points.
that provide choices for the public to transact in sharia and c. Gathering dengan Mitra dan Nasabah potensial
avoid ribawi transactions. However, innovation needed to be secara berkala
created to maintain the convenience of customers who chose Regular gatherings are conducted with partners
sharia transactions, including sharia digital innovation. Through and customers of Bank Jatim’s Sharia Business Unit
different products and contracts, sharia products could be (UUS) as part of efforts to enhance and maintain
an alternative for customers in order to increase equitable service quality. These initiatives are expected to
investment with attractive profit sharing through profit sharing strengthen customer relationships and increase
contracts or murabahah contracts with purchase of precious transaction volumes within Bank Jatim UUS.
metals as well as being able to help relieve the customers 2. New Customer Acquisition
liquidity burden temporarily through the iB Barokah Gold a. Kejutan Program
product (gawn gold). It was hoped that with these advantages Provision of rewards to both existing and new
and innovations, the sharia segment could increase Bank customers, subject to a holding period for fresh
Jatim’s market share as a whole and was an entry barrier for fund placements with tenor options of 3, 6, and 12
other Islamic bank competitors months.
b. Barokah Sejahtera Savings Program (TBS)
PROSPECTS AND STRATEGIES OF THE SHARIAH SEGMENT The TBS program is a program that is expected
IN 2026 to increase Barokah Savings customers where
The business prospects and future strategies for 2026 for customers will be able to receive prizes directly by
Sharia TPF and Sharia Segment Financing are as follows: depositing balances within a certain period of time.
• Sharia TPF c. KEJAR Program (One Student One Account)
Based on data from the Central Statistics Agency (BPS), This program aims to increase the number of
Islam is the largest religion in East Java, making it an student accounts, expand financial inclusion, and
opportunity for UUS Bank Jatim to improve and develop strengthen financial literacy among students
financial services ranging from Islamic Boarding Schools, across East Java. The KEJAR Program is part of
Islamic Schools/Schools, Hospitals, Agencies/Institutions, a financial inclusion initiative led by the Financial
to Mosques. UUS Bank Jatim has a strategy to develop the Services Authority (OJK).
digitalization of the sharia ecosystem so that in the future d. Digitalization of the Sharia Ecosystem
the prospects for UUS Bank Jatim’s Third Party Funds will Digitalization of the Sharia Ecosystem Digitalizing
be more positive. the Existing Sharia ecosystem, as well as
prospective customers of Bank Jatim Syariah
Sharia TPF strategy through increasing CASA and fee- (schools, Islamic boarding schools, hospitals, and
based income by using two strategic approaches, namely others). Digitalization is carried out by utilizing
maintaining existing customers and acquiring new Bank Jatim’s digital services or collaboration
customers, which are described as follows: with partners such as corporate internet banking,
customer self service (CSS), Katalis application,
Jatim Code QRIS merchant, virtual account, to
the development of mobile banking (portion and
settlement of Hajj) and Ziswaf.
208 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
e. Intensification of Increasing Partner Bank Fund 2. Retail a Segment Financing
Transactions In achieving retail financing targets, Bank Jatim has set
- Synergize with representatives of the its achievement strategies as follows:
Indonesian Waqf Board and Mitra Nazhir for the a. Strengthening institution-based and religious
development of cash waqf and CWLD. ecosystem-driven retail financing, particularly in
- Collaborating with religion-based strategic the education and hospital sectors;
partners such as Muhammadiyah, Nahdlatul b. Accelerating retail financing through synergy
Ulama (NU), OPOP, BPKH, hospitals, and within the Bank Business Group (KUB) and
mosques. These initiatives aim to enhance strategic projects;
brand awareness and public trust in Bank Jatim c. Optimizing receivables-based financing extended
UUS products and services, expand market to suppliers through selected partnership
reach, and acquire new customers through arrangements;
Sharia-based social and economic institutional d. Supporting financing in the construction and
networks, while also strengthening institutional regional infrastructure sectors, particularly for
relationships. housing developers and small-scale contractors ;
- Optimizing QRIS utilization through collaboration e. Enhancing Sharia retail financing literacy among
with Bank Jatim’s conventional banking unit. professional and business associations;
f. Strengthening risk management and sharia
• Sharia Financing compliance in all services and products by
East Java has a Muslim majority population and the strengthening HR competencies in business units.
existence of more than 6 thousand Islamic boarding schools 3. Micro Segment Financing
and 51 thousand mosques, making East Java Province In achieving the micro financing target, Bank Jatim has
one of the strategic areas in the development of sharia set the following achievement strategies:
economics, especially sharia financing services. In addition, a. Optimizing the distribution of government and
UUS Bank Jatim has a strategy to approach the largest commercial financing programs, particularly Sharia
Islamic organizations in Indonesia, namely Muhammadiyah KUR, Sharia KPP, and commercial micro financing
and Nahdlatul Ulama. for productive MSMEs;
b. Developing the MSME ecosystem in East Java;
The description of the strategy based on the segmentation c. Strengthening risk management and Sharia
of Sharia Financing that will be carried out in 2025 is as compliance across all products and services
follows. through enhanced human capital competencies
1. Corporate and Syndicated Financing within business units;
In achieving corporate and syndication financing d. Enhancing financial education and literacy among
targets, Bank Jatim has set its achievement strategies MSME communities.
as follows: 4. Consumer Segment Financing Strategy
a. Strengthening financing based on religious In achieving consumer financing targets, Bank Jatim
ecosystem networks, channeled in an integrated has set the following achievement strategies:
manner to business units of religious organizations a. Accelerating the disbursement of FLPP mortgages
(particularly in the education and healthcare throughout 2026 to support national consumer
sectors); financing targets;
b. Enhancing financing within the Islamic boarding b. Strengthening the property business ecosystem to
school (pesantren) ecosystem, particularly those accelerate borrower acquisition;
focused on education; c. Segmenting customers by identifying potential
c. Strengthening relationships and retention of market segments, such as salaried employees,
existing customers while optimizing the utilization entrepreneurs, and retirees, and offering tailored
of available financing facilities; consumer financing solutions to meet their specific
d. Supporting government infrastructure needs.
development, including Public-Private Partnerships d. Implementing continuous promotional programs,
(KPBU) as well as private sector projects, through including campaigns during key occasions such as
syndicated and/or bilateral financing schemes; Bank Jatim’s anniversary, year-end promotions,
e. Optimizing synergy within the Bank Business and other strategic moments.
Group (Kelompok Usaha Bank/KUB) to enhance
the financing portfolio.
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Management Discussion and Analysis
04 on Bank Performance
Business Segment Revenue and Profitability
The 2025 business segment was IDR7.216.638 million, an increase of 26,04% compared to the previous years, reaching IDR5.725.598
million. The increase was derived from the increase of interest income.
Meanwhile, the 2025 business segment operating income was IDR2.039.996 million, an increase of 23,11% compared to the previous
year, achieving IDR1.657.001 million. The improvement originated from the decline in the loan CKPN establishment.
Table of Business Segment Revenue and Profitability
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Segment income 12,204,936 7,365,965 4,838,971 65.69%
Segment expenses (4,988,298) (1,640,367) (3,347,931) 204.10%
Segment Income - net 7,216,638 5,725,598 1,491,040 26.04%
Other operating income 1,075,152 832,238 242,914 29.19%
Provisionforimpairmentlossesonfinancialandnon-financial
(1,949,179) (1,287,595) (661,584) 51.38%
assets
Other operating expenses (4,302,614) (3,613,240) (689,374) 19.08%
Operating Profit 2,039,996 1,657,001 382,995 23.11%
Income from operations Non-operating income (expenses)
52,646 25,716 26,930 104.72%
- net
Tax expense - net (475,450) (386,899) (88,551) 22.89%
Profit for the period 1,617,192 1,295,818 321,374 24.80%
Total assets 168,854,843 118,142,127 50,712,716 42.93%
210 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Financial
Review
The following financial rev-iew refers to the Financial Financial Performance
Statements for the year ending December 31, 2025 presented
in this Annual Report. The Financial Statements was audited Bank Jatim’s financial performance consists of the performance
by the Public Accounting Firm (KAP) Paul Hadiwinata, Hidajat, of Statement of the Consolidated Financial Position, Statement
Arsono, Retno, Palilingan & Rekan and received an opinion of of the Consolidated Profit and Loss and Other Comprehensive
“fair in all material respects”, the financial standing of PT Bank Income and Statement of the Consolidated Cash Flow,
Pembangunan Daerah Jawa Timur Tbk as of December 31, presented as follows.
2025 and the financial performance and cash flows for the year
ending December 31, 025, were in accordance with Indonesian
Financial Accounting Standards.
Statement of the Consolidated Financial Position
Tabel of Statement of the Consolidated Financial Position
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
ASSETS
Cash 4,347,459 2,867,479 1,479,980 51.61%
Current Accounts with Bank Indonesia 6,620,239 5,584,147 1,036,092 18.55%
Current Accounts with other banks 675,483 505,084 170,399 33.74%
Allowance for impairment losses (176) (277) 101 (36.46%)
Current Accounts with other banks - net 675,307 504,807 170,500 33.78%
Placement with Bank Indonesia and other banks 8,552,865 1,633,470 6,919,395 423.60%
Allowance for impairment losses (380) (1,278) 898 (70.27%)
Placement with Bank Indonesia and other banks - net 8,552,485 1,632,192 6,920,293 423.99%
Receivables of spot and derivative 2,165 1,144 1,021 89.25%
Marketable securities 28,107,297 29,517,088 (1,409,791) (4.78%)
Allowance for impairment losses (253) (3,052) 2,799 (91.71%)
Marketable securities - net 28,107,044 29,514,036 (1,406,992) (4.77%)
Marketable securities sold under resale agreements - - - -
Receivablesfrommarketablesecuritiespurchasedunderresale
7,630,818 617,860 7,012,958 1,135.04%
agreements
Other receivables 433,130 333,339 99,791 29.94%
Allowance for impairment losses (93,663) (79,003) (14,660) 18.56%
Other receivables - net 339,467 254,336 85,131 33.47%
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Management Discussion and Analysis
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loans and sharia receivables/financing
Related parties 703,753 112,444 591,309 525.87%
Third parties 109,798,867 75,240,296 34,558,571 45.93%
Total loans provided 110,502,620 75,352,740 35,149,880 46.65%
Allowance for impairment losses (3,713,637) (2,113,224) (1,600,413) 75.73%
Loans provided - net 106,788,983 73,239,516 33,549,467 45.81%
Accrued interest incomes 1,119,602 790,520 329,082 41.63%
Prepaid expenses 196,492 206,572 (10,080) (4.88%)
Investment in associated entity 745 - 745 100.00%
Capital Participation - 2,568 (2,568) (100.00%)
Fixed assets and right of use asset
Acquisition cost 4,783,501 2,980,176 1,803,325 60.51%
Accumulated depreciation (1,769,496) (1,054,455) (715,041) 67.81%
Book value 3,014,005 1,925,721 1,088,284 56.51%
Intangible assets 422,231 162,946 259,285 159.12%
Deferred tax assets, net 409,157 438,391 (29,234) (6.67%)
Tax receivables 144,065 67,274 76,791 114.15%
Other assets, net 484,579 332,618 151,961 45.69%
TOTAL ASSETS 168,854,843 118,142,127 50,712,716 42.93%
LIABILITY, TEMPORARY SYIRKAH FUNDS, AND
EQUITY
LIABILITY
Obligation due immediately 1,390,263 914,703 475,560 51.99%
Deposits from customers
Related parties 14,058,003 12,268,842 1,789,161 14.58%
Third parties 95,886,250 62,787,996 33,098,254 52.71%
Total deposits from customers 109,944,253 75,056,838 34,887,415 46.48%
Deposits from other banks
Related parties 49,848 44,323 5,525 12.47%
Third parties 3,978,302 689,451 3,288,851 477.02%
Total deposits from other banks 4,028,150 733,774 3,294,376 448.96%
Liabilities of marketables securities sold under resale
3,518,805 8,780,366 (5,261,561) (59.92%)
agreements
Issued securities 1,968,253 102,389 1,865,864 1,822.33%
Borrowings 5,914,822 1,527,532 4,387,290 287.21%
Tax payables 160,684 85,316 75,368 88.34%
212 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Accrued expenses 648,437 442,600 205,837 46.51%
Other liabilities 1,326,931 809,256 517,675 63.97%
TOTAL LIABILITIES 128,900,598 88,452,774 40,447,824 45.73%
TEMPORARY SYIRKAH FUNDS
Deposits from customers
Related parties 2,821,838 1,193,291 1,628,547 136.48%
Third parties 14,482,962 13,765,482 717,480 5.21%
Total deposits from customers 17,304,800 14,958,773 2,346,027 15.68%
Deposits from other banks
Related parties - - - -
Third parties 150,143 130,541 19,602 15.02%
Total deposits from other banks 150,143 130,541 19,602 15.02%
TOTAL TEMPORARY SYIRKAH FUNDS 17,454,943 15,089,314 2,365,629 15.68%
TOTAL LIABILITIES AND TEMPORARY SYIRKAH FUNDS 146,355,541 103,542,088 42,813,453 41.35%
EQUITY
Share capital:
Series A: nominal value as of IDR250 (full Rupiah) per
- - - -
share
Series B: nominal value of as of IDR250 (full Rupiah) per
- - - -
shares
Authorized capital:
Series A: 24.000.000.000 shares - - - -
Series B: 12.000.000.000 shares - - - -
Subscribed and fully paid capital:
Series A: 11.934.147.982 shares - - - -
Series B: 3.081.350.100 shares 3,753,875 3,753,875 - -
Paid-in capital - net 532,734 532,734 - -
Revaluation surplus of fixed assets 819,047 788,317 30,730 3.90%
Remeasurementofthedefinedemployeebenefitliabilities-net
(143,957) (135,364) (8,593) 6.35%
of deferred tax
Unrealized gain (loss) financial assets measured at fair
value through other comprehensive income – net of
deferred tax
After deferred tax 247,551 (150,141) 397,692 (264.88%)
Retained earnings
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Management Discussion and Analysis
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
General reserves 6,901,072 6,441,453 459,619 7.14%
Unappropriated 1,546,120 1,281,718 264,402 20.63%
Non-controlling interest (6,213) - (6,213) (100.00%)
over net assets of the consolidated Subsidiaries 8,849,073 2,087,447 6,761,626 323.92%
TOTAL EQUITY 22,499,302 14,600,039 7,899,263 54.10%
TOTAL LIABILITIES, TEMPORARY SYIRKAH FUNDS,
168,854,843 118,142,127 50,712,716 42.93%
AND EQUITY
Graph of Statement of the Consolidated Financial Position
(in IDR millions)
118,142,127 168,854,843 88,452,774 128,900,598 103,542,088 146,355,541 14,600,039 22,499,302
Assets Liability Temporary Syirkah Funds Equity
2024 2025
Total Assets
For the fiscal year ending December 31, 2025, Bank Jatim’s total assets was IDR168,854,843 million, an increase of 42.93% from
IDR118,142,127 million in the last year. The increase in assets was influenced by increases in the provided loans, accrued interest
income, cash, Current Accounts with other banks, marketable securities, placements with Bank Indonesia and other banks, other
receivables, and investments in associated entities.
Table of Asset
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cash 4,347,459 2,867,479 1,479,980 51.61%
Current accounts with Bank Indonesia 6,620,239 5,584,147 1,036,092 18.55%
Current accounts with other banks 675,483 505,084 170,399 33.74%
Allowance for impairment losses (176) (277) 101 (36.46%)
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Annual Report
2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current accounts with other banks – net 675,307 504,807 170,500 33.78%
Placements with Bank Indonesia and other banks 8,552,865 1,633,470 6,919,395 423.60%
Allowance for impairment losses (380) (1,278) 898 (70.27%)
Placements with Bank Indonesia and other banks 8,552,485 1,632,192 6,920,293 423.99%
Receivables of spot and derivative 2,165 1,144 1,021 89.25%
Marketable securities 28,107,297 29,517,088 (1,409,791) (4.78%)
Allowance for impairment losses (253) (3,052) 2,799 (91.71%)
Marketable securities – net 28,107,044 29,514,036 (1,406,992) (4.77%)
Marketable securities sold under resale agreement - - - -
Receivablesfrommarketablesecuritiespurchasedunderresale
7,630,818 617,860 7,012,958 1,135.04%
agreements
Other receivables 433,130 333,339 99,791 29.94%
Allowance for impairment losses (93,663) (79,003) (14,660) 18.56%
Other receivables – net 339,467 254,336 85,131 33.47%
Loans and Sharia receivables/financing
- Related parties 703,753 112,444 591,309 525.87%
- Third parties 109,798,867 75,240,296 34,558,571 45.93%
Total Loans 110,502,620 75,352,740 35,149,880 46.65%
Allowance for impairment losses (3,713,637) (2,113,224) (1,600,413) 75.73%
Loans – net 106,788,983 73,239,516 33,549,467 45.81%
Accrued interest income 1,119,602 790,520 329,082 41.63%
Prepaid expenses 196,492 206,572 (10,080) (4.88%)
Investment in associate entities 745 - 745 100.00%
Investment in shares - 2,568 (2,568) (100.00%)
Fixed asset and right of use asset
Cost 4,783,501 2,980,176 1,803,325 60.51%
Accumulated depreciation (1,769,496) (1,054,455) (715,041) 67.81%
Book value 3,014,005 1,925,721 1,088,284 56.51%
Intangible asset 422,231 162,946 259,285 159.12%
Deferred tax assets, net 409,157 438,391 (29,234) (6.67%
Tax receivables 144,065 67,274 76,791 114.15%
Other assets, net 484,579 332,618 151,961 45.69%
TOTAL ASSETS 168,854,843 118,142,127 50,712,716 42.93%
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Cash
The 2025 cash recorded reached IDR4,347,459 million, an increase of 51.61% compared to IDR2,867,479 million the previous year.
The increase was driven by a significant increase in cash in rupiah and a decrease in cash in foreign currencies.
Table of Cash
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah currency
Rupiah 4,251,008 2,821,897 1,429,111 50.64%
Foreign currency
US Dollar 33,968 14,295 19,673 137.62%
Saudi Arabia Riyal 25,145 14,699 10,446 71.07%
Singapore Dollar 11,769 6,841 4,928 72.04%
Malaysia Ringgit 3,525 2,909 616 21.18%
European Euro 14,115 2,766 11,349 410.30%
Australia Dollar 5,078 1,345 3,733 277.55%
UK Pound sterling 955 1,168 (213) (18.24%)
Japanese Yen 315 846 (531) (62.77%)
Hong Kong Dollar 985 471 514 109.13%
Chinese Yuan Renminbi 596 242 354 146.28%
Total foreign currencies 96,451 45,582 50,869 111.60%
Total cash 4,347,459 2,867,479 1,479,980 51.61%
Current Accounts with Bank Indonesia
Current Accounts with Bank Indonesia in 2025 was IDR6,620,239 million, an increase of 18.55% compared to the previous year of
IDR5,584,147 million. The increase was driven by a rise in Current Accounts with Bank Indonesia across both Rupiah and foreign
currency sectors.
Table of Current accounts with Bank Indonesia
(in IDR millions)
Growth
Uraian 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 6,580,552 5,551,957 1,028,595 18.53%
US Dollar 39,687 32,190 7,497 23.29%
Total current accounts with Bank Indonesia 6,620,239 5,584,147 1,036,092 18.55%
216 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Current Accounts with other Banks
Current Accounts with other banks in 2025 reached IDR675,307 million, an increase of 33.78% compared to the previous year of
IDR504,807 million. This increase was driven by a rise in both Rupiah-denominated Current Accounts and foreign currency Current
Accounts with other banks, specifically in US Dollars, Australian Dollars, Chinese Yuan Renminbi, Japanese Yen, Hong Kong Dollars,
and Malaysian Ringgit.
Table of Current Accounts with Other Banks - Net
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 534,574 433,698 100,876 23.26%
Foreign currency
US Dollar 123,751 53,151 70,600 132.83%
Singapore Dollar 2,703 11,744 (9,041) (76.98%)
Euro Europe 722 2,003 (1,281) (63.95%
Australia Dollar 5,537 1,941 3,596 185.27%
Chinese Yuan Renminbi 5,607 812 4,795 590.52%
UK Pound sterling 385 757 (372) (49.14%)
Japanese Yen 1436 572 864 151.05%
Hong Kong Dollar 740 406 334 82.27%
Malaysia Ringgit 28 - 28 280%
Total foreign currencies 140,909 71,386 69,523 97.39%
Total 675,483 505,084 170,399 33.74%
Allowance for impairment losses (176) (277) 101 (36.46%)
Total – Net 675,307 504,807 170,500 33.78%
Placements with Bank Indonesia and Other Banks
Placements with Bank Indonesia and Other Banks in 2025 reached IDR8,552,865 million, a significant increase of 423.60%
compared to the previous year of IDR1,633,470 million. This increase was driven by a rise in placements with both Bank Indonesia
and other banks, specifically within the deposit facility, interbank call money (Rupiah), deposit on call, and term deposits, primarily
denominated in Rupiah.
Table of Placements with Bank Indonesia and Other Banks
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 4,191,690 665,000 3,526,690 530.33%
Interbank call money
Rupiah 4,307,175 968,470 3,338,705 344.74%
Deposito berjangka
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 54,000 - 54,000 100.00%
Total 8,552,865 1,633,470 6,919,395 423.60%
Less:
Unamortized discount - - - -
Total 8,552,865 1,633,470 6,919,395 423.60%
Receivables of spot and derivative
The 2025 receivables of spot and derivative was IDR2,165 million, an increase of 89.25% compared to the previous year of IDR1,144
million. The increase was driven by foreign exchange rate movements related to sell-and-buy swap contracts.
Table of Receivables of spot and derivative
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Instrument - - - -
Related to foreign exchange rates - - - -
Buy-sell swap contract 2,165 1,144 1,021 89.25%
Total 2,165 1,144 1,021 89.25%
Securities
Marketable securities held by the company in 2025 reached IDR28,107,044 million, a decrease of 4.77% compared to the previous
year of IDR29,514,036 million. The decrease was attributable to a decline in marketable securities purchases with maturities of less
than 1 year from the prior year.
Table of Securities by Term and Interest Rate
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Less than 1 year 5,336,382 8,778,954 (3,442,572) (39.21%)
1 - 5 years 11,928,279 11,929,434 (1,155) (0.01%)
More than 5 years 10,842,636 8,808,700 2,033,936 23.09%
Total 28,107,297 29,517,088 (1,409,791) (4.78%)
218 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Allowance for impairment losses (253) (3,052) 2,799 (91.71%)
Total securities 28,107,044 29,514,036 (1,406,992) (4.77%)
Marketable Securities Sold Under Resale Agreement
In 2025, there were no securities sold under repurchase agreements held by Bank Jatim, representing a decrease of 100.00%
compared to the previous year of IDR9,149,544 million.
Table of Marketable Securities under Resale Agreement by Type
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Amortized cost
Government Bonds - 3,168,474 (3,168,474) (100.00%)
Sovereign Sharia Securities - 1,264,139 (1,264,139) (100.00%)
Total - 4,432,613 (4,432,613) (100.00%)
Fair value through other comprehensive income
Government Bonds - 4,426,465 (4,426,465) (100.00%)
Sovereign Sharia Securities - 290,466 (290,466) (100.00%)
Total - 4,716,931 (4,716,931) (100.00%)
Total marketable securities - 9,149,544 (9,149,544) (100.00%)
Receivables from Marketabl Securities Sold Under Repurchase Agreement
The 2025 receivables from marketable securities purchased under resale agreements reached IDR7,630,818 million, a significant
increase of 1,135.04% compared to the previous year of IDR617,860 million. This increase was driven by a rise in marketable securities
resale agreement transactions.
Table of Marketable Securities Sold Under Repurchase Agreements (Reverse Repo) Based on Net Value and Type
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
PT Bank Capital Indonesia Tbk FR0087 - 239,536 (239,536) (100.00%)
PT Bank Capital Indonesia Tbk FR0059 - 201,889 (201,889) (100.00%)
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
PT Bank Capital Indonesia Tbk FR0086 - 147,125 (147,125) (100.00%)
PT Bank KB Bukopin Tbk FR0073 - 10,236 (10,236) (100.00%)
PTBank Pembangunan Daerah KalimantanTengah FR0075 - 9,646 (9,646) (100.00%)
PT Bank Pan Indonesia Tbk IDSR311025364S - 9,428 (9,428) (100.00%)
PT Allo Bank Indonesia Tbk FR0091 481,848 - 481,848 100.00%
PT BPD Kalimantan Timur dan Kalimantan Utara FR0091 240,698 - 240,698 100.00%
PT BPD Sulawesi Tengah FR0090 288,761 - 288,761 100.00%
Bank Indonesia VR0070 150,784 - 150,784 100.00%
Bank Indonesia VR0077 96,127 - 96,127 100.00%
Bank Negara Indonesia FR0071 108,006 - 108,006 100.00%
Kementerian Keuangan VR0070 36,241 - 36,241 100.00%
PT Bank Capital Indonesia Tbk IDSR030726364S 195,554 - 195,554 100.00%
PT Bank Capital Indonesia Tbk IDSR310726364S 194,850 - 194,850 100.00%
PT Bank Capital Indonesia Tbk IDSR021026364S 193,307 - 193,307 100.00%
PT Bank CIMB Niaga Tbk FR0082 10,244 - 10,244 100.00%
PT Bank DBS Indonesia IDSR040526367S 590,104 - 590,104 100.00%
PT Bank DBS Indonesia IDSR161026364S 587,985 - 587,985 100.00%
PT Bank DBS Indonesia IDSR190626364S 391,069 - 391,069 100.00%
PT Bank DBS Indonesia IDSR060326364S 9,915 - 9,915 100.00%
PT Bank Mandiri (Persero) Tbk FR0107 10,108 - 10,108 100.00%
PT Bank Maybank Indonesia Tbk FR0068 437,751 - 437,751 100.00%
PT Bank Nationalnobu Tbk FR0087 491,302 - 491,302 100.00%
PT Bank Nationalnobu FR0100 468,555 - 468,555 100.00%
PT Bank Nationalnobu Tbk IDSR310726364S 12,637 - 12,637 100.00%
PT Bank Pembangunan Daerah Kalimantan Timur dan
543,837 - 543,837 100.00%
Kalimantan Utara FR0097
PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk
9,825 - 9,825 100.00%
FR0087
PT Bank Rakyat Indonesia (Persero) Tbk FR0103 2,051,932 - 2,051,932 100.00%
PT Bank Rakyat Indonesia (Persero) Tbk FR0091 19,235 - 19,235 100.00%
PT Bank Rakyat Indonesia (Persero) Tbk FR0104 10,143 - 10,143 100.00%
Total 7,630,818 617,860 7,012,958 1.135.04%
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2025
Other Receivables
The 2025 other receivables was IDR339,467 million, an increase of 33.47% compared to the previous year of IDR254,336 million.
The increase was attributable to a rise in other receivables.
Table of Other Receivables
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Transfer receivables and ATM 160,834 178,972 (18,138) (10.13%)
Receivables for KUR Interest Subsidies 101,217 31,244 69,973 223.96%
Bank Guarantees in Process 64,198 67,198 (3,000) (4.46%)
Insurance Receivables 50,476 49,122 1,354 2.76%
Other 56,405 6,803 49,602 729.12%
Total 433,130 333,339 99,791 29.94%
Allowance for impairment net realization value (93,663) (79,003) (14,660) 18.56%
Total – net 339,467 254,336 85,131 33.47%
Loans And Sharia Receivables/Financing
Loans and Sharia receivables/financing in 2025 reached IDR106,788,983 million, an increase of 45.81% compared to the previous
year of IDR73,239,516 million. The growth was primarily driven by the increase in Rupiah-denominated loans to related parties
(investment, employees, working capital, and consumer) and third parties (consumer, working capital, investment, and employees).
Table of Loans- Net
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah
Related parties:
Investment 462,865 - 462,865 100.00%
Employee 133,507 98,625 34,882 35.37%
Working capital 59,106 7,820 51,286 655.83%
Consumption 48,275 5,999 42,276 704.72%
Total 703,753 112,444 591,309 525.87%
Third parties
Consumption 71,264,215 42,421,659 28,842,556 67.99%
Working capital 24,372,156 15,719,225 8,652,931 55.05%
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Investment 8,110,812 410,798 7,700,014 1,874.40%
Syndicatesi 3,235,969 4,378,222 (1,142,253) (26.09%)
Employee 2,721,597 1,994,003 727,594 36.49%
Total 109,704,749 64,923,907 44,780,842 68.97%
Total Rupiah 110,408,502 65,036,351 45,372,151 69.76%
Foreign currency
Third parties:
Working capital 94,118 10,316,389 (10,222,271) (99.09%)
Total foreign currencies 94,118 10,316,389 (10,222,271) (99.09%)
Total 110,502,620 75,352,740 35,149,880 46.65%
Allowance for impairment losses (3,713,637) (2,113,224) (1,600,413) 75.73%
Loans – net 106,788,983 73,239,516 33,549,467 45.81%
Accrued Interest Income
The 2025 accrued Interest Income reached IDR1,119,602 million, an increase of 41.63% compared to the previous year of IDR790,520
million. The increase was driven by accrued interest income from loans, marketable securities, and others in Rupiah, as well as foreign
currency components in other sectors.
Table of Accrued Interest Income
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah
Loans 776,497 472,676 303,821 64.28%
Securities 339,179 314,919 24,260 7.70%
Others 2,944 2,130 814 38.22%
Foreign currency:
Loans 131 177 (46) (25.99%)
Others 851 618 233 37.70%
Total Accrued Interest Income 1,119,602 790,520 329,082 41.63%
Prepaid Expenses
In 2025, prepaid expenses were IDR196.492 million, a decrease of 4,88% compared to the previous year, achieving IDR206.572
million. The decline was due to old-day allowance insurance, other, and prepaid lease.
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2025
Table of Prepaid Expenses
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Other insurances 66,459 55,345 11,114 20.08%
Old-age benefit 55,304 86,682 (31,378) (36.20%)
Assets maintenance 21,540 15,735 5,805 36.89%
Maintenance term under construction 13,216 5,254 7,962 151.54%
Prepaid rent 11,848 11,931 (83) (0.70%)
Other 28,125 31,625 (3,500) (11.07%)
Total prepaid expenses 196,492 206,572 (10,080) (4.88%)
Investment in Associates
Investment in associates in 2025 amounted to IDR745 million, an increase of 100.00% compared to the previous year when there
was no investment in associates. This growth was driven by the parent’s ownership percentage which has effectively carried out
capital participation in BEKS in November 2025 amounting to 27,511,900 shares or equivalent to 0.05% of BEKS’s total paid-up
capital.
Investment Cost in Associates
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net assets initial recognition 1,761,649 - 1,761,649 100.00%
Net income for the year - - - -
Other comprehensive income after tax - - - -
1,761,649 - 1,761,649 100.00%
Percentage of effective ownership (%) 0,05% - 0,05% 100.00%
934 - 934 100.00%
Goodwill (189) - (189) 100.00%
Carrying value 745 - 745 100.00%
Investment in Shares
In 2025, there were no investments in shares, a decrease of 100.00% compared to the previous year which amounted to IDR2,568
million.
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Table of Investment in Shares
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fair value/cost method
PT Sarana NTB Ventura - 2,568 (2,568) (100.00%)
Total - 2,568 (2,568) (100.00%)
Fixed Asset and Right of Use Asset
Fixed assets and right-of-use assets in 2025 amounted to IDR3,014,005 million, an increase of 56.51% compared to the previous year
which amounted to IDR1,925,721 million. The increase was mainly derived from the acquisition of land, buildings, office equipment,
and motor vehicles, as well as an increase in construction in progress and right-of-use assets.
Table of Fixed Asset and Right of Use Asset
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cost
Land 1,711,762 1,240,664 471,098 37.97%
Premise 1,092,613 533,617 558,996 104.76%
Office Equipment 1,315,803 759,703 556,100 73.20%
Vehicle 100,718 72,498 28,220 38.93%
Total 4,220,896 2,606,482 1,614,414 61.94%
Construction in progress 78,520 23,624 54,896 232.37%
Right of use assets 484,085 350,070 134,015 38.28%
Total cost 4,783,501 2,980,176 1,803,325 60.51%
Accumulated depreciation
Premise 363,794 185,476 178,318 96.14%
Office equipment 1,087,078 634,905 452,173 71.22%
Vehicle 66,361 33,213 33,148 99.80%
Total 1,517,233 853,594 663,639 77.75%
Right of use assets 252,263 200,861 51,402 25.59%
Total accumulated depreciation 1,769,496 1,054,455 715,041 67.81%
Book value - Net 3,014,005 1,925,721 1,088,284 56.51%
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2025
Intangible Asset
Intangible assets in 2025 were IDR422,231 million, increasing as of 159.12% than the previous year, which reached IDR162,946
million. The increase came mostly from trademark and goodwill.
Table of Intangible Assets
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cost
Trademark 372,785 136,397 236,388 173.31%
Software 10,214 13,651 (3,437) (25.18%)
Goodwill 39,232 12,898 26,334 204.17%
Total 422,231 162,946 259,285 159.12%
Other Assets
Other assets in 2025 amounted to IDR484,579 million, an increase of 45.69% compared to the previous year, which amounted to
IDR332,618 million. The increase was derived from intermediary foreign exchange accounts, foreclosed collateral – net, inventories
of office supplies and printed materials, as well as other assets, net.
Table of Other Assets
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Currency intermediary account 348,946 269,186 79,760 29.63%
Foreclosed assets - net 54,242 - 54,242 100.00%
Office stationaries and printed supplies 44,267 38,623 5,644 14.61%
Deferred expenses 29,983 18,952 11,031 58.20%
Other, net 7,141 5,857 1,284 21.92%
Total 484,579 332,618 151,961 45.69%
Total Liabilities
Liabilities in 2025 amounted to IDR128,900,598 million, an increase of 45.73% compared to the previous year which amounted to
IDR88,452,774 million. The increase was dominated by the rise in Liabilities immediately payable, deposits from customers (both
from related parties and third parties), and deposits from other banks (both from related parties and third parties), securities issued,
borrowings, taxes payable, accrued expenses, and other liabilities.
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Table of Liability
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Obligation due immediately 1,390,263 914,703 475,560 51.99%
Deposit from customer
- Related parties 14,058,003 12,268,842 1,789,161 14.58%
- Third parties 95,886,250 62,787,996 33,098,254 52.71%
Total deposits from customer 109,944,253 75,056,838 34,887,415 46.48%
Deposits from other banks
- Related parties 49,848 44,323 5,525 12.47%
- Third parties 3,978,302 689,451 3,288,851 477.02%
Total deposits from other banks 4,028,150 733,774 3,294,376 448.96%
Liabilities of marketable securities sold under repurchase
3,518,805 8,780,366 (5,261,561) (59.92%)
agreement
Securities issued 1,968,253 102,389 1,865,864 0.00%
Borrowings 5,914,822 1,527,532 4,387,290 287.21%
Tax payable 160,684 85,316 75,368 88.34%
Accrued expenses 648,437 442,600 205,837 46.51%
Other liabilities 1,326,931 809,256 517,675 63.97%
Total Liabilities 128,900,598 88,452,774 40,447,824 45.73%
Obligation Due Immediately
Liabilities immediately payable in 2025 amounted to IDR1,390,263 million, an increase of 51.99% from the previous year, which was
IDR914,703 million. The increase was, on average, attributable to accrued expenses, transfers, collections, clearing, and other items.
Table of Obligation Due Immediately
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Amount involving expenses payable 543,525 210,454 333,071 158.26%
Transfer, cheques pending collections, clearing 365,610 212,970 152,640 71.67%
ATM Liability 141,560 150,715 (9,155) (6.07%)
Acceptance pending settlement 85,535 170,343 (84,808) (49.79%)
Other 254,033 170,221 83,812 49.24%
Total 1,390,263 914,703 475,560 51.99%
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Deposits from Customers
Deposits from customers in 2025 amounted to IDR109,944,253 million, an increase of 46.48% compared to the previous year which
amounted to IDR75,056,838 million. The increase was on average derived from deposits of related party customers in conventional
rupiah and foreign currencies as well as deposits of third parties in conventional rupiah.
Table of Deposits from Customers
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Conventional related parties
Rupiah 14,053,940 12,264,020 1,789,920 14.59%
Foreign currency 4,021 3,756 265 7.06%
Sharia-related parties
Rupiah 42 1,066 (1,024) (96.06%)
Number of Related Parties(Conventional and Sharia) 14,058,003 12,268,842 1,789,161 14.58%
Conventional third parties
Rupiah 95,267,481 62,157,257 33,110,224 53.27%
Foreign currency 136,329 143,117 (6,788) (4.74%)
Sharia third parties
Rupiah 482,440 487,622 (5,182) (1.06%)
Total third parties (Conventional and Sharia) 95,886,250 62,787,996 33,098,254 52.71%
Total deposits from customers 109,944,253 75,056,838 34,887,415 46.48%
Deposits from Other Bank
Deposits from other banks in 2025 amounted to IDR4,028,150 million, an increase of 448.96% compared to the previous year, which
amounted to IDR733,774 million. The increase was derived from deposits from other banks, both related parties and third parties in
Rupiah.
Table of Deposits from Other Bank
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related parties
Conventional
Rupiah 49,848 44,323 5,525 12.47%
Number of Related Parties 49,848 44,323 5,525 12.47%
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third Party
Conventional
Rupiah 3,965,008 631,783 3,333,225 527.59%
Foreign currency - 48,285 (48,285) (100.00%)
Sharia
Rupiah 13,294 9,383 3,911 41.68%
Total third parties 3,978,302 689,451 3,288,851 477.02%
Total deposits from other banks 4,028,150 733,774 3,294,376 448.96%
Liabilities of Marketable Securities Sold Under Repurchase Agreement
Liabilities of marketable securities sold under repurchase agreement in 2025 amounted to IDR3,518,805 million, a decrease of
59.92% compared to the previous year which amounted to IDR8,780,366 million. The decrease was on average derived from
Government Bonds, Bank Indonesia Rupiah Securities, and State Sharia Securities.
Table of Liabilities of Marketable Securities Sold Under Repurchase Agreement
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
By Type
Government Bonds 3,518,805 7,240,023 (3,721,218) (51.40%)
Bank Indonesia Rupiah Securities - 1,263,321 (1,263,321) (100.00%)
Sovereign Sharia Securities - 277,022 (277,022) (100.00%)
Liabilities of marketable securities sold under
3,518,805 8,780,366 (5,261,561) (59.92%)
repurchase agreement
Securities Issued
Securities issued in 2025 amounted to IDR1,968,253 million, an increase of 1,822.33% compared to the previous year which
amounted to IDR102,389 million. The increase was on average derived from the Public Housing Savings Management Agency and
the Sustainable Bonds I Bank Jatim Phase I Year 2025 Series A.
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Table of Securities Issued
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interbank Mudharabah Investment Certificates
PT Bank Aceh Syariah - 100,000 (100,000) (100.00%)
Interbank Sharia-based Fund Management Certificates
Public Housing Savings Management Agency 8,335 2,389 5,946 248.89%
Bank Jatim Phase I Sustainable Bond I 2025 Series A 1,959,918 - 1,959,918 100.00%
Total deposits from other banks 1,968,253 102,389 1,865,864 1.822.33%
Borrowings
Borrowings in 2025 amounted to IDR5,914,822 million, an increase of 287.21% compared to the previous year which amounted to
IDR1,527,532 million. The increase was derived from higher borrowings from Bank Mandiri, FLPP, BTN, PT Sarana Multigriya Financial
(Persero), Maybank, Bank Jakarta, and BPD Sumut.
Table of Borrowings
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
PT Bank Mandiri (Persero) Tbk 1,500,000 - 1,500,000 100.00%
Housing Financing Liquidity Facility (FLPP) Mortgage 1,376,300 1,166,404 209,896 18.00%
PT Bank Tabungan Negara (Persero) Tbk 1,000,000 - 1,000,000 100.00%
PT Sarana Multigriya Finansial (Persero) 738,522 161,128 577,394 358.34%
PT Bank Maybank Indonesia Tbk 500,000 - 500,000 100.00%
PT Bank Jakarta 500,000 - 500,000 100.00%
PT Bank Pembangunan Daerah Sumatera Utara 300,000 - 300,000 100.00%
Hajj Financial Management Agency (BPKH) - 200,000 (200,000) (100.00%)
Total 5,914,822 1,527,532 4,387,290 287.21%
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Management Discussion and Analysis
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Tax Payable
Taxes payable in 2025 amounted to IDR160,684 million, an increase of 88.34% compared to the previous year which amounted to
IDR85,316 million. The increase was derived from tax receivables, current tax payable of the Bank, other tax payables of the Bank
(Article 25 Income Tax, Article 23 Income Tax and others), as well as income tax in subsidiaries.
Table of Tax Payable
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Tax Receivables
Bank
Income Tax article 28 42,378 42,378 - -
Income Tax article 21 23,223 24,896 (1,673) (6.72%)
Others 613 - 613 100.00%
Subsidiaries
Income Tax article 28 71,067 - 71,067 100.00%
Others 6,784 - 6,784 100.00%
Subtotal of tax receivables 144,065 67,274 76,178 113.24%
Taxes payable
Current taxes payable
Bank 33,559 - 33,559 100.00%
Subsidiaries 17,201 13,125 4,076 31.06%
Subtotal of current tax payables 50,760 13,125 37,635 286.74%
Other tax payables – Bank
Income tax article 25 66,458 48,482 17,976 37.08%
Income tax article 4 paragraph (2) 13,915 14,209 (294) (2.07%)
Income tax article 23 1,100 698 402 57.59%
Income tax article 21 366 1,649 (1,283) (77.80%)
Others 996 447 549 122.82%
Subtotal of other tax payables – Bank 82,835 65,485 17,350 26.49%
Subsidiaries
Income tax article 25 11,899 4,227 7,672 181.50%
Income tax article 4 paragraph (2) 5,471 1,618 3,853 238.13%
Income tax article 21 2,177 663 1,514 228.36%
Income tax article 23 402 198 204 103.03%
Others 7,140 - 7,140 100.00%
Total 27,089 6,706 20,383 303.95%
Subtotal of other tax payables 109,924 72,191 37,733 52.27%
Total 160,684 85,316 75,368 88.34%
230 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Deferred Tax Asset
Deferred tax assets in 2025 amounted to IDR409,157 million, a decrease of 6.67% compared to the previous year which amounted
to IDR438,391 million. The decrease was on average derived from allowance for impairment losses on earning assets and unrealized
losses on financial assets measured at fair value through other comprehensive income.
Table of Deferred Tax Asset
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Bank
Production service reserves 73,420 60,853 12,567 20.65%
Allowance for possible losses of earning assets 219,184 248,377 (29,193) (11.75%)
Unrealized gain on financial assets at fair value through other
(58,136) 35,208 (93,344) (265.12%)
comprehensive income
Other reserves 11,606 10,907 699 6.41%
Right of use assets (6,903) (3,895) (3,008) 77.23%
Provision for employee benefit 57,646 54,178 3,468 6.40%
Bank’s deferred tax assets 296,817 405,628 (108,811) (26.83%)
Subsidiary
Deferred tax asset 112,340 32,763 79,577 242.89%
Consolidated deferred tax asset 409,157 438,391 (29,234) (6.67%)
Accrued Expenses
Accrued expenses in 2025 amounted to IDR648,437 million, an increase of 46.51% compared to the previous year which amounted
to IDR442,600 million. The increase was derived from provision for employee bonuses and interest.
Table of Accrued Expenses
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Production service reserves 476,474 342,296 134,178 39.20%
Interest 171,963 100,304 71,659 71.44%
Total of accrued expenses 648,437 442,600 205,837 46.51%
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Other Liabilities
Other liabilities in 2025 amounted to IDR1,326,931 million, an increase of 63.97% compared to the previous year, which amounted to
IDR809,256 million. The increase was, on average, derived from provisions for employee benefits, security deposit, lease liabilities,
and others.
Table of Other Liabilities Based on Rupiah Equivalents
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah
Provision of employee benefit (Note 44) 659,966 361,955 298,011 82.33%
Security deposits 144,319 96,488 47,831 49.57%
Lease liabilities 72,537 32,160 40,377 125.55%
Principal - channeling loans received 6,319 7,336 (1,017) (13.86%)
Interest - channeling loans received 3,654 3,589 65 1.81%
Estimated losses on commitments and contingencies 6,870 1,221 5,649 462.65%
Provision and credit administration 12 12 - -
Others 84,348 35,756 48,592 135.90%
Total 978,025 538,517 439,508 81.61%
Foreign currency
Other 348,906 270,739 78,167 28.87%
Total 348,906 270,739 78,167 28.87%
Total Other Liabilities 1,326,931 809,256 517,675 63.97%
Temporary Syirkah Funds
Temporary syirkah funds in 2025 amounted to IDR17,454,943 million, an increase of 15.68% compared to the previous year, which
amounted to IDR15,089,314 million. The increase was derived from deposits from customers (related parties – mudharabah current
accounts and third parties – mudharabah time deposits) and deposits from other banks (third parties – mudharabah current accounts,
mudharabah savings, and mudharabah time deposits).
Table of Temporary Syirkah Funds
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposits from customers/Non-banks
Related parties
Mudharabah current accounts 2,812,873 1,176,763 1,636,110 139.03%
Mudharabah savings 4,966 11,117 (6,151) (55.33%)
232 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Mudharabah deposits 3,999 5,411 (1,412) (26.09%)
Total 2,821,838 1,193,291 1,628,547 136.48%
Third parties
Mudharabah current accounts 421,429 443,967 (22,538) (5.08%)
Mudharabah savings 4,579,671 4,616,467 (36,796) (0.80%)
Mudharabah deposits 9,481,862 8,705,048 776,814 8.92%
Total 14,482,962 13,765,482 717,480 5.21%
Total deposits from customers 17,304,800 14,958,773 2,346,027
Deposits from other banks
Related parties - - - -
Third parties
Mudharabah current accounts 8,716 5,766 2,950 51.16%
Mudharabah savings 124,782 111,275 13,507 12.14%
Mudharabah deposits 16,645 13,500 3,145 23.30%
Total 150,143 130,541 19,602 15.02%
Total deposits from other banks 150,143 130,541 19,602 15.02%
Total Temporary Syirkah Funds 17,454,943 15,089,314 2,365,629 15.68%
Equity
Equity in 2025 amounted to IDR22,499,302 million, an increase of 54.10% compared to the previous year which amounted to
IDR14,600,039 million. The increase was derived from remeasurement of defined benefit liabilities – after deferred tax, general
reserves, and retained earnings not yet appropriated.
Tabel of Equity
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Authorized
Series A: Rp250 (full Rupiah) per value per share - - - -
Series B: Rp250 (full Rupiah) per value per share - - - -
Authorized
Series A: 24,000,000,000 shares - - - -
Series B: 12,000,000,000 shares - - - -
PT Bank Pembangunan Daerah Jawa Timur Tbk 233
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Issued and fully paid-up capital
Series A: 11,934,147,982 shares - - - -
Series B: 3,081,350,100 shares 3,753,875 3,753,875 - -
Additional paid-in capital – net 532,734 532,734 - -
Revaluation surplus of fixed assets 819,047 788,317 30,730 3.90%
Remeasurementofdefinedemployeebenefitliabilities–netof
(143,957) (135,364) (8,593) 6.35%
deferred tax
Unrealized gains (losses) on financial assets measured at fair
247,551 (150,141) 397,692 (264.88%)
valuethroughothercomprehensiveincome–afterdeferredtax
Retained earnings
General reserves 6,901,072 6,441,453 459,619 7.14%
Unappropriated 1,546,120 1,281,718 264,402 20.63%
Non-controlling interests (6,213) - (6,213) (100.00%)
in net assets of consolidated Subsidiaries 8,849,073 2,087,447 6,761,626 323.92%
Total Equity 22,499,302 14,600,039 7,899,263 54.10%
Paid in Capital – Net
\Additional paid-in capital in 2025 amounted to IDR532,734 million, unchanged compared to the previous year, which amounted to
IDR532,734 million.
Table of Additional Paid-In Capital-Net
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Share premium from the Initial Public Offering (IPO) 509,369 509,369 - -
StockoptionfortheManagementandEmployeeStockOption
23,365 23,365 - -
Plan (MESOP)
Total 532,734 532,734 - -
234 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Retained Earnings
Retained earnings in 2025 amounted to IDR1,546,120 million, an increase of 20.63% compared to the previous year, which amounted
to IDR1,281,718 million. The increase was derived from deposits from customers of related parties, third parties, and deposits from
other banks of related parties and third parties.
Table of Retained Earnings
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Unappropriated 1,546,120 1,281,718 264,402 20.63%
Retained Earnings 1,546,120 1,281,718 264,402 20.63%
Consolidated Statement of Profit or Loss and Other Comprehensive Income
Table of Consolidated Statement of Profit or Loss and Other Comprehensive Income
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
OPERATIONAL INCOME AND EXPENSES
Interest income 10,291,308 8,381,809 1,909,499 22.78%
Interest expense (3,074,670) (2,656,211) (418,459) 15.75%
NET INTEREST INCOME 7,216,638 5,725,598 1,491,040 26.04%
OTHER OPERATIONAL INCOME 1,075,152 832,238 242,914 29.19%
OTHER OPERATIONAL EXPENSES
Personnel (2,187,393) (1,745,062) (442,331) 25.35%
General and administrative (1,658,079) (1,499,676) (158,403) 10.56%
Provision for impairment of financial assets (1,949,179) (1,287,595) (661,584) 51.38%
Other expenses (457,142) (368,502) (88,640) 24.05%
TOTAL OTHER OPERATING EXPENSES (6,251,793) (4,900,835) (1,350,958) 27.57%
OPERATING PROFIT 2,039,997 1,657,001 382,996 23.11%
NON-OPERATING INCOME (EXPENSE)
Non-operating income 129,894 71,242 58,652 82.33%
Non-operating expenses (77,248) (45,526) (31,722) 69.68%
TOTAL NON-OPERATING INCOME (EXPENSE) 52,646 25,716 26,930 104.72%
PROFIT BEFORE INCOME TAX EXPENSE 2,092,643 1,682,717 409,926 24.36%
PT Bank Pembangunan Daerah Jawa Timur Tbk 235
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Management Discussion and Analysis
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
INCOME TAX EXPENSE
Current (457,566) (298,802) (158,764) 53.13%
Deferred (17,884) (88,097) 70,213 (79.70%)
TAX EXPENSE - NET (475,450) (386,899) (88,551) 22.89%
NET INCOME 1,617,193 1,295,818 321,375 24.80%
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit or loss:
Unrealized gains (losses) on financial assets at fair value
488,427 (107,359) 595,786 (554.95%)
through other comprehensive income
Related income tax (94,061) 20,206 (114,267) (565.51%)
Total 394,366 (87,153) 481,519 (552.50%)
Items that will be reclassified to profit or loss:
Revaluation deficit of fixed asset 47,720 (16,190) 63,910 (394.75%)
Remeasurement of employee benefit liabilities (43,614) (20,469) (23,145) 113.07%
Related income tax 2,375 3,627 (1,252) (34.52%)
Total 6,481 (33,032) 39,513 (119.62%)
OTHER COMPREHENSIVE INCOME - NET AFTER TAX 400,847 (120,185) 521,032 (433.52%)
TOTAL COMPREHENSIVE INCOME 2,018,040 1,175,633 842,407 71.66%
Income for the year attributable to:
Equity holders of the parent entity 1,545,518 1,281,718 263,800 20.58%
Non-controlling interests 71,675 14,100 57,575 0.00%
Total 1,617,193 1,295,818 321,375 24.80%
Comprehensive income for the year attributable to:
Equity holders of the parent entity 1,965,347 1,178,216 787,131 66.81%
Non-controlling interests 52,693 (2,583) 55,276 0.00%
Total 2,018,040 1,175,633 842,407 71.66%
BASIC EARNINGS PER SHARE 102,93 85,36 18 20.58%
236 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Consolidated Statement of Profit and Loss and Other Comprehensive Income
(in IDR millions)
5,725,598 7,216,638 832,238 1,075,152 4,900,835 6,251,793 1,657,001 2,039,997 1,295,818 1,617,193
Net Interest and Sharia Other Operational Other Operational
Operating Profit Net Income
Income Income Expenses
2024 2025
Interest and Sharia Income
In 2025, the Bank’s net interest and sharia income amounted to IDR10,291,308 million, an increase of 22.78% from the previous year
amounting to IDR8,381,809 million. This increase was mainly driven by higher income from related parties, namely loans granted,
margins, and profit-sharing income, as well as income from third parties, namely loans granted, securities, margins, profit-sharing
income, provisions, Bank Indonesia certificates, and others.
Table of Interest and Sharia Income
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related Parties (Note 45)
Loans 9,871 5,820 4,051 69.60%
Margin and profit sharing revenue 1,621 695 926 133.24%
Third parties
Loans 6,732,384 6,030,856 701,528 11.63%
Placements with Bank Indonesia and Other Banks 1,279,519 1,589,237 (309,718) (19.49%)
Marketable securities
Amortized cost 560,641 424,913 135,728 31.94%
Margin and profit sharing revenue 1,402,590 190,656 1,211,934 635.67%
Provision 130,513 96,953 33,560 34.61%
Certificate of Bank Indonesia 64,990 23,298 41,692 178.95%
Others 109,179 19,381 89,798 463.33%
Total interest and Sharia Income 10,291,308 8,381,809 1,909,499 22.78%
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Management Discussion and Analysis
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Interest and Sharia Expenses
Interest and Sharia expenses in 2025 amounted to IDR3,074,670 million, an increase of 15.75% compared to the previous year, which
amounted to IDR2,656,211 million. The increase was derived from third parties, namely time deposits, savings, current accounts,
bonds, borrowings, securities, and loans.
Interest and Sharia Expenses
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related Parties (Note 45)
Time deposits 309,097 316,640 (7,543) (2.38%)
Saving accounts 117,614 869 116,745 13,434.41%
Current accounts 658 159,816 (159,158) (99.59%)
Total 427,369 477,325 (49,956) (10.47%)
Third parties
Time deposits 1,677,163 1,534,848 142,315 9.27%
Saving accounts 369,108 331,309 37,799 11.41%
Current accounts 118,532 22,480 96,052 427.28%
Liabilities of securities sold under repurchase agreement 182,405 190,338 (7,933) (4.17%)
Other banks 76,136 81,048 (4,912) (6.06%)
Bonds 33,078 - 33,078 100.00%
Borrowings 186,043 15,130 170,913 1,129.63%
Marketable securities 1,120 68 1,052 1,547.06%
Credit 3,716 3,665 51 1.39%
Total 2,647,301 2,178,886 468,415 21.50%
Total interest and sharia expenses 3,074,670 2,656,211 418,459 15.75%
Interest and Sharia Income-Net
Net interest and Sharia income in 2025 amounted to IDR7,216,638 million, an increase of 26.04% compared to the previous year,
which amounted to IDR5,725,598 million. The increase was mainly influenced by interest and Sharia income.
Table of Interest and Sharia Income-Net
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest and sharia income 10,291,308 8,381,809 1,909,499 22.78%
Interest and sharia expenses (3,074,670) (2,656,211) (418,459) 15.75%
Interest and Sharia Income-Net 7,216,638 5,725,598 1,491,040 26.04%
238 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Other Operational Income
Other operating income in 2025 amounted to IDR1,075,152 million, an increase of 29.19% compared to the previous year, which
amounted to IDR832,238 million. The increase was driven by several factors, including insurance claim receipts, administration of
current accounts, savings, and time deposits, recovery of written-off loans, ATM fee income, provisions and commissions other than
from loans granted, and others.
Table of Other Operational Income
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Collection of Insurance claim 318,801 193,298 125,503 64.93%
Current accounts, savings and deposits administration fees 226,599 212,487 14,112 6.64%
Collection of loans written-off 178,483 156,285 22,198 14.20%
Collection of ATM fees 102,123 93,581 8,542 9.13%
Fees and commissions from other than loans 92,500 47,618 44,882 94.25%
Loan administration fees 28,126 28,643 (517) (1.80%)
Others 128,520 100,326 28,194 28.10%
Other operational income total 1,075,152 832,238 242,914 29.19%
Other Operating Expenses
Other operating expenses in 2025 amounted to (IDR6,251,793) million, an increase of 27.57% compared to the previous year, which
amounted to (IDR4,900,835) million. The increase was mainly driven by higher personnel expenses and employee benefits, general
and administrative expenses, allowance for impairment losses on financial assets, and other expenses.
Table of Operational Expenses
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Labor and employee benefits (2,187,393) (1,745,062) (442,331) 25.35%
General and administrative (1,658,079) (1,499,676) (158,403) 10.56%
Provision for impairment losses on financial assets (1,949,179) (1,287,595) (661,584) 51.38%
Other expenses (457,142) (368,502) (88,640) 24.05%
Total other operating expenses (6,251,793) (4,900,835) (1,350,958) 27.57%
PT Bank Pembangunan Daerah Jawa Timur Tbk 239
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Management Discussion and Analysis
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Operational Profit
Income from operating in 2025 amounted to IDR2,039,997 million, an increase of 23.11% compared to the previous year, which
amounted to IDR1,657,001 million. The increase was driven by higher interest income and total other operating income.
Table of Operational Profit
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest and sharia income-net 7,216,638 5,725,598 1,491,040 26.04%
Total other operational income 1,075,152 832,238 242,914 29.19%
Total operational expenses (6,251,793) (4,900,835) (1,350,958) 27.57%
Operational profit 2,039,997 1,657,001 382,996 23.11%
Non-Operating Income (Expenses)
Non-operating income in 2025 amounted to IDR129,894 million, an increase of 82.33% compared to the previous year, which
amounted to IDR71,242 million. The increase was driven by gains on sale of securities – net, foreign exchange gains (losses), and
others.
Table of Non-Operating Income (Expenses)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Gain on sale of marketable securities-net 13,121 10,241 2,880 28.12%
Tax service fee 7,051 7,563 (512) (6.77%)
Gain on sale of fixed assets 441 1,470 (1,029) (70.00%)
Gain (loss) on foreign exchange 4,315 695 3,620 520.86%
Others 104,966 51,273 53,693 104.72%
Total non-operating income 129,894 71,242 58,652 82.33%
Income Before Income Tax
Income before tax expenses in 2025 amounted to IDR2,092,643 million, an increase of 24.36% compared to the previous year, which
amounted to IDR1,682,717 million. The increase was driven by gains on sale of securities – net, tax service fees, and others.
240 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Table of Income Before Income Tax
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Operational Income 2,039,997 1,657,001 382,996 23.11%
Total non-operating income-net 52,646 25,716 26,930 104.72%
Income Before Income Tax 2,092,643 1,682,717 409,926 24.36%
Tax Expense – Net
Net tax expense in 2025 amounted to IDR475,450 million, an increase of 22.89% compared to the previous year, which amounted
to IDR386,899 million.
Table of Tax Expense-Net
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Tax expense-net (475,450) (386,899) (88,551) 22.89%
Net Income
Net income in 2025 amounted to IDR1,617,193 million, an increase of 24.80% compared to the previous year, which amounted to
IDR1,295,818 million. This increase was driven by higher net interest income and an increase in non-operating income.
Table of Net Income
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Income before income tax 2,092,643 1,682,717 409,926 24.36%
Tax expense-net (475,450) (386,899) (88,551) 22.89%
Net Income 1,617,193 1,295,818 321,375 24.80%
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Other Comprehensive Income
Other comprehensive income in 2025 amounted to IDR400,847 million, an increase of 433.52% compared to the previous year,
which amounted to (IDR120,185) million. The increase was derived from unrealized gains (losses) on financial assets measured at fair
value through other comprehensive income.
Table of Other Comprehensive Income
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Other comprehensive income (expenses):
Items to be reclassified to profit or loss:
Unrealized gains (losses) on financial assets at fair value
488,427 (107,359) 595,786 554.95%
through other comprehensive income
Related income taxes (94,061) 20,206 (114,267) (565.51%)
Total 394,366 (87,153) 481,519 (552.50%)
Items that will not be reclassified to profit or loss:
Revaluation surplus (deficit) of fixed assets 47,720 (16,190) 63,910 (394.75%)
Remeasurement of employee benefit liabilities (43,614) (20,469) (23,145) 113.07%
Related income tax 2,375 3,627 (1,252) (34.52%)
Total 6,481 (33,032) 39,513 (119.62%)
Other comprehensive income net of tax 400,847 (120,185) 521,032 (433.52%)
Comprehensive Income for the Year
Total comprehensive income for the year in 2025 amounted to IDR2,018,040 million, an increase of 71.66% compared to the previous
year, which amounted to IDR1,175,633 million. The increase was driven by higher income for the year.
Table of Comprehensive Income for The Year
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Income for The Year 1,617,193 1,295,818 321,375 24.80%
Other comprehensive income net of tax 400,847 (120,185) 521,032 (433.52%)
Comprehensive income for the year 2,018,040 1,175,633 842,407 71.66%
242 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Basic Earnings Per Share
Basic earnings per share in 2025 amounted to IDR102.93, an increase of 20.58% compared to the previous year, which amounted to
IDR85.36. The increase was driven by the growth in profit used in the calculation of basic earnings per share.
Table of Basic Earnings Per Share
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Profit for the year attributable to owners of the parent entity 1,545,518 1,281,718 263,800 20.58%
Weightedaveragenumberofordinarysharesoutstanding(in
15,015,498,082 15,015,498,082 - -
full amount)
Basic earnings per share attributable to owners of the
102,93 85,36 18 20.58%
parent entity (in full amount)
Consolidated Cash Flow Statement
Table of Consolidated Cash Flow Statement
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
CASH FLOWS FROM OPERATING ACTIVITIES
Interest and sharia, provision and commissions received 10,124,132 8,306,344 1,817,788 21.88%
Interest paid (3,095,203) (2,708,316) (386,887) 14.29%
Other operating income received 812,050 675,952 136,098 20.13%
Collection of loans written-off 178,320 156,285 22,035 14.10%
General and administrative expenses paid (1,926,529) (1,566,455) (360,074) 22.99%
Personnel expenses paid (2,114,455) (1,836,797) (277,658) 15.12%
Non-operating income received 202,018 69,815 132,203 189.36%
Non-operating expenses paid (81,512) (45,500) (36,012) 79.15%
Income tax paid (455,738) (313,729) (142,009) 45.26%
Cash received before change in operating assets and
3,643,083 2,737,599 905,484 33.08%
liabilities
Decrease (increase) in operating assets
Placement with Bank Indonesia and other banks - 1,500 (1,500) (100.00%)
Loans (5,108,148) (10,079,129) 4,970,981 (49.32%)
Receivable of spot and derivative (1,021) (1,144) 123 10.75%
Receivable from marketable securities purchased under
- - - -
resale agreement
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Management Discussion and Analysis
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Receivable from marketable securities purchased under
(5,881,926) 5,629,458 (11,511,384) (204.48%)
resale agreement
Other assets (82,225) (112,232) 30,007 (26.74%)
Right of use assets 49,779 (60,859) 110,638 (181.79%)
Increase (decrease) in operating liabilities
Liabilities immediately payable 37,314 (167,942) 205,256 (122.22%)
Deposits from customers 4,547,375 (329,793) 4,877,168 (1,478.86%)
Deposits from other banks 1,940,367 (1,834,568) 3,774,935 (205.77%)
Liabilities of marketable securities sold under
(5,261,561) 865,203 (6,126,764) (708.13%)
repurchase agreement
Other liabilities 46,690 (183,478) 230,168 (125.45%)
Net cash used in operating activities (6,070,273) (3,535,385) (2,534,888) 71.70%
CASH FLOWS FROM INVESTING ACTIVITIES
Marketable securities 5,285,043 (2,267,013) 7,552,056 (333.13%)
Acquisitions of fixed assets (104,163) (67,992) (36,171) 53.20%
Acquisitions of intangible assets (2,569) (3,377) 808 (23.93%)
Proceeds from sale of fixed assets 449 1,542 (1,093) (70.88%)
Investment in associate entity (745) - (745) (100.00%)
Acquisition of Subsidiaries (300,000) (100,000) (200,000) 200.00%
Proceeds from sale of investment in shares 1,669 - 1,669 100.00%
Cash receipts from acquisition of Subsidiaries 6,388,488 1,126,261 5,262,227 467.23%
Net cash provided by (used in) investing activities 11,268,172 (1,310,579) 12,578,751 (959.79%)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds (payment) from borrowings 3,585,399 (230,423) 3,815,822 (1,656.01%)
Proceeds (Payment) of lease liability (43,399) (15,724) (27,675) 176.00%
Additional paid-in capital 26,356 50,100 (23,744) 47.39%
Payments of cash dividend (994,525) (816,693) (177,832) 21.77%
Marketable securities issued 1,834,136 100,000 1,734,136 1,734.14%
Net cash provided by (used in) financing activities 4,407,967 (912,740) 5,320,707 582.94%
NET INCREASE (DECREASE) IN CASH AND CASH
9,605,866 (5,758,704) 15,364,570 (266.81%)
EQUIVALENTS
Cash and cash equivalents at beginning of year 10,590,180 16,348,884 (5,758,704) (35.22%)
Cash and cash equivalents at end of year 20,196,046 10,590,180 9,605,866 90.71%
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cash and cash equivalents consist of:
Cash 4,347,459 2,867,479 1,479,980 51.61%
Current accounts with Bank Indonesia 6,620,239 5,584,147 1,036,092 18.55%
Current accounts with other banks 675,483 505,084 170,399 33.74%
Placements with Bank Indonesia and other banks
with original maturities of 3 months or less from 8,552,865 1,633,470 6,919,395 423.60%
acquisition date
Total cash and cash equivalents 20,196,046 10,590,180 9,605,866 90.71%
Consolidated Cash Flow Statement Graph
(in IDR millions)
(3,535,385) (6,070,273) (1,310,579) 11,268,172 (912,740) 4,407,967
Net cash provided by (used in) investing
Net cash used in operating activities Net cash used in financing activities
activities
2024 2025
At the end of 2025, Bank Jatim recorded an ending balance of cash and cash equivalents amounting to IDR20,196,046 million,
an increase of 90.71% compared to 2024, which amounted to IDR10,590,180 million. The increase was driven by higher other
comprehensive income.
Cash Flow from Operating Activities
Net cash from operating activities in 2025 amounted to expenses, income tax, repo liabilities, increase in liabilities
(IDR6,070,273) million, a decrease of 71.70% compared to immediately payable, deposits from customers, and increase
2024, which amounted to (IDR3,535,385) million. Net cash in deposits from other banks. The highest cash outflows were
flow represents the difference between cash inflows and mainly derived from loan disbursements, interest payments,
cash outflows. The highest cash inflows were mainly derived and other operating expenses. This indicates that Bank Jatim is
from interest, provision, and commission receipts, interest able to carry out its business processes effectively by utilizing
payments, receipts of other operating income, recovery from its operating sources such as loans granted, customer deposits,
written-off loans, payments of general and administrative and tax payments into cash that has been recognized and
expenses, personnel expenses, non-operating income and received.
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Management Discussion and Analysis
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Cash Flow from Investment Activities Cash Flow from Funding Activities
Net cash from investing activities in 2025 amounted to Net cash from financing activities in 2025 amounted to
IDR11,268,172 million, an increase of 959.79% compared to IDR4,407,967 million, an increase of 582.94% compared to
2024, which recorded net cash used in investing activities 2024, which recorded net cash used in financing activities
amounting to (IDR1,310,579) million. Investing cash flows amounting to (IDR912,740) million. This was mainly influenced
increased from the purchase of securities, the acquisition of by payments of borrowings. The highest cash inflows were
intangible assets, and proceeds from the sale of fixed assets. derived from increases in borrowings, additional paid-in capital,
Meanwhile, movements in investing cash flows decreased from and securities issued (corporate action: PUB). Meanwhile, the
the acquisition of fixed assets, the acquisition of subsidiaries, largest cash outflows were from lease liability payments and
proceeds from the sale of investments in shares, and cash dividends. This indicates that Bank Jatim is still able to obtain
obtained from the acquisition of subsidiaries. Cash flows from cash from financing activities through borrowings, sufficient to
investing activities in 2025 show a significant improvement cover cash outflows such as dividends and other payments.
over the previous year, marked by a shift from a deficit to a
surplus. However, the increase was mainly driven by non-
operational and non-recurring cash receipts, such as proceeds
from securities transactions and the acquisition of subsidiaries.
Ability to Pay Debt and Receivable Collectibility
Ability to Pay Debt
Bank Jatim’s ability to pay debts is measured through several ratios including liquidity ratio, solvency ratio, and profitability ratio.
These ratios will be a benchmark for banks in measuring the possibility of risks that arise in bank operational activities.
Protection of Creditors’ Rights 3. The bank ensures that creditors receive fines for payments
that exceed the agreed schedule.
Bank Jatim has a policy on the fulfillment of creditor rights 4. The bank ensures that payments of principal and interest
used as a guideline in making loans. The purpose of the policy on loans are not be subject to penalties if the payment
is to ensure the fulfillment of rights and maintain creditor schedule falls on a holiday and will be paid on the next
trust in the Bank. The policy includes considerations in making working day.
agreements, as well as follow-up in fulfilling obligations to
creditors. Bank Jatim explains the creditor rights in the Credit Ability to Pay Short-Term Debt (Bank Liquidity)
Agreement (PK) including:
1. The bank ensures that the creditor receives the principal The liquidity ratio is measured by comparing the amount of loan
and interest on the loan according to the agreed schedule. granted to the amount of customer deposits (Loan to Deposit
2. The bank ensures that the creditor receives the loan usage Ratio/LDR) to determine the Bank’s ability to repay obligations
report. to customers who have deposited their funds with loan and
financing that has been given to debtors as a source of liquidity.
Table of Liquidity Ratio
(in %)
Increase/
Description 2025 2024
Decrease
(1) (2) (3) (2)-(3)
Loan to Deposit Ratio (LDR) 85.39% 82.05% 3.34%
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Annual Report
2025
In 2025, Bank Jatim’s Loan-to-Deposit Ratio (LDR) was Ability to Pay Long-Term Debt (Bank Solvability)
recorded at 85.39%, an increase of 3.34% compared to 82.05%
in 2024. The increase reflected the Bank’s increased loan Bank Jatim’s 2025 Capital Adequacy Ratio (CAR) was 25.38%,
distribution to collected third-party funds. Despite the increase, an increase of 1.89% compared to 23.49% in 2024. The CAR
Bank Jatim’s LDR ratio remained within sound and controlled ratio remained at a safe level and well above the minimum
limits, in accordance with regulatory requirements. In addition, requirement set by Bank Indonesia/OJK of 14%. The high CAR
it indicated that Bank Jatim continuously maintained a balance ratio indicated that Bank Jatim’s capital structure had adequate
between loan expansion and liquidity. Therefore, Bank Jatim capabilities to anticipate various risks, including market risk,
maintained sound liquidity and remained optimally satisfying credit risk, and operational risk. Moreover, it reflected prudent
all of its short-term liabilities. capital management and the Bank’s ability to maintain capital
adequacy to protect against solvency risk.
Table of Solvency Ratio
(in %)
Increase/
Description 2025 2024
Decrease
(1) (2) (3) (2)-(3)
CAR-TIER I 24.24% 22.34% 1.90%
CAR-TIER II 1.14% 1.15% (0.01%)
CAR (Credit, Market, and Operational Risk) 25.38% 23.49% 1.89%
Ability to Pay Debt and Receivable Collectability
Bank Jatim’s ability to pay debt can also be reflected in the ratings of securities issued by Bank Jatim, namely bonds. Issued securities
are routinely assessed by a rating agency to determine their suitability. The quality of securities is largely determined by the issuing
company’s ability to repay the securities upon maturity and its ability to pay interest or coupons during the term of the securities.
Table of Ability To Pay Debt and Receivable Collectability
Description Rating 2025
Bank Jatim Sustainable Bond Phase I of 2025 Series A idAA-
Bank Jatim Sustainable Bond Phase I of 2025 Series B idAA-
Table of Rating Description
Rating Agency Rating Rating Description
Debt securities rated idAA had a slightly different from the highest rating assigned.
Theissuer’sabilitytomeetlong-termfinancialcommitmentsonthesedebtsecurities,
Pefindo AA-
id comparedtootherissuersinIndonesia,isverystrong.Aminussign(-)indicatesthatthe
assigned rating is relatively weak and below the average for the relevant category.
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Management Discussion and Analysis
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Receivable Collectibility
The level of collectibility of Bank receivables can be seen from the value of the Non Performing Loan (NPL) ratio. The NPL ratio is a
benchmark to see how much problematic or bad loan is from all loans given by the bank to customers. The smaller the NPL value, the
better the Bank’s performance in collectibility of receivables and indicates good credit quality.
Tabel of Non-Performing Loan (NPL) ratio
(in %)
Increase/
Description 2025 2024
Decrease
(1) (2) (3) (2)-(3)
Non Performing Loan (NPL) Gross 3.88% 3.45% 0.43%
Non Performing Loan (NPL) Nett 1.91% 1.53% 0.38%
In 2025, Bank Jatim’s Gross Non-Performing Loan (NPL) ratio was recorded at 3.88%, an increase of 0.43% compared to 3.45%
in 2024. Meanwhile, Net NPL in 2025 reached 1.91%, an increase of 0.38% from 1.53% the previous year. The increase in the Net
NPL ratio was primarily due to an increase in non-performing loans in the medium- and retail credit segments throughout 2025.
Despite the increase, Bank Jatim continued to improve asset quality by strengthening risk management and intensively handling
non-performing loans.
The Bank loan quality is divided based on its collectibility level, namely into groups of current, special mention, substandard, doubtful,
and loss. The purpose of the loan classification is so that the Bank can routinely monitor the loans that have been distributed.
Table of Loans Granted Based on Type and Collectibility
(in IDR millions)
Special Sub
Description Current Doubtful Loss Total
Mention Standard
2025
Rupiah
Related parties
Working Capital 58,277 829 - - - 59,106
Investment 462,865 - - - - 462,865
Employee 133,090 417 - - - 133,507
Consumption 48,111 - - - 164 48,275
Total 702,343 1,246 - - 164 703,753
Third party
Consumption 69,359,232 839,258 68,606 102,233 894,886 71,264,215
Working Capital 20,360,437 1,747,384 120,016 141,206 2,003,113 24,372,156
Investment 6,432,899 1,252,682 14,924 39,421 370,886 8,110,812
Syndication 3,065,587 170,382 - - - 3,235,969
Employee 2,686,913 12,697 2,039 1,398 18,550 2,721,597
Total 101,905,068 4,022,403 205,585 284,258 3,287,435 109,704,749
Total Rupiah 102,607,411 4,023,649 205,585 284,258 3,287,599 110,408,502
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Special Sub
Description Current Doubtful Loss Total
Mention Standard
Foreign Currencies
Third party
Working Capital 94,118 - - - - 94,118
Total 94,118 - - - - 94,118
Total Foreign Currencies 94,118 - - - - 94,118
Total 102,701,529 4,023,649 205,585 284,258 3,287,599 110,502,620
Allowance for impairment losses (695,614) (861,355) (74,286) (101,871) (1,980,511) (3,713,637)
Total – Net 102,005,915 3,162,294 131,299 182,387 1,307,088 106,788,983
2024
Rupiah
Related Parties
Employee 98,392 - - - 233 98,625
Working Capital 7,820 - - - - 7,820
Consumption 5,999 - - - - 5,999
Total 112,211 - - - 233 112,444
Third Parties
Consumption 41,245,912 531,331 49,901 62,843 531,672 42,421,659
Working Capital 13,274,374 1,028,293 99,547 124,032 1,192,979 15,719,225
Syndication 4,294,071 84,151 - - - 4,378,222
Employee 1,972,424 9,045 436 557 11,541 1,994,003
Investment 394,793 1,397 31 - 14,577 410,798
Total 61,181,574 1,654,217 149,915 187,432 1,750,769 64,923,907
Total Rupiah 61,293,785 1,654,217 149,915 187,432 1,751,002 65,036,351
Foreign Currencies
Third Parties
Working Capital 8,895,748 1,181,731 27,952 23,363 187,595 10,316,389
Total 8,895,748 1,181,731 27,952 23,363 187,595 10,316,389
Total Foreign Currencies 8,895,748 1,181,731 27,952 23,363 187,595 10,316,389
Total 70,189,533 2,835,948 177,867 210,795 1,938,597 75,352,740
Allowance for impairment losses (431,246) (356,037) (62,386) (72,734) (1,190,821) (2,113,224)
Total – Net 69,758,287 2,479,911 115,481 138,061 747,776 73,239,516
Growth 2024 - 2025 (Nominal)
Rupiah
Related parties
Working capital 50,457 829 - - - 51,286
Investment 455,045 - - - - 455,045
Consumption 42,112 - - - 164 42,276
Total 547,614 829 - - 164 548,607
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Management Discussion and Analysis
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Special Sub
Description Current Doubtful Loss Total
Mention Standard
Third parties
Working capital 7,086,063 719,091 20,469 17,174 810,134 8,652,931
Investment 6,038,106 1,251,285 14,893 39,421 356,309 7,700,014
Consumption 28,113,320 307,927 18,705 39,390 363,214 28,842,556
Total 41,237,489 2,278,303 54,067 95,985 1,529,657 45,195,501
Total Rupiah 41,785,103 2,279,132 54,067 95,985 1,529,821 45,744,108
Foreign Currencies
Third parties
Working capital (8,801,630) (1,181,731) (27,952) (23,363) (187,595) (10,222,271)
Total (8,801,630) (1,181,731) (27,952) (23,363) (187,595) (10,222,271)
Total Foreign Currencies (8,801,630) (1,181,731) (27,952) (23,363) (187,595) (10,222,271)
Total 32,983,473 1,097,401 26,115 72,622 1,342,226 35,521,837
Allowance for impairment losses (264,368) (505,318) (11,900) (29,137) (789,690) (1,600,413)
Total – Net 32,719,105 592,083 14,215 43,485 552,536 33,921,424
Total 46.90% 23.88% 12.31% 31.50% 73.89% 46.32%
The 2025 net loans were disbursed IDR106,788,983 million, an increase of 46.32% compared to 2024 which amounted to
IDR73,239,516 million, with the classification of the 2025 current loans amounting to IDR102,005,915 million, special mention loans
in 2025 amounting to IDR3,162,294 million, substandard loans in 2025 amounting to IDR131,299 million, doubtful loans in 2025
amounting to IDR182,387 million, and non-performing loans in 2025 amounting to IDR1,307,088 million.
The following are changes in the amount of loans provided based on stage on December 31, 2025 and 2024.
Table of Loans Provided By Stage
(in IDR million)
Sharia
Description Stage 1 Stage 2 Stage 3 Receivable/ Total
Financing
2025
Beginning Balance 56,329,729 970,846 4,090,233 13,961,932 75,352,740
Effect of Acquisition 30,068,388 275,199 779,378 - 31,122,965
Transfer to 12-month expected loan losses
173,255 (153,990) (19,265) - -
(stage 1)
Transfer to lifetime expected loan losses
(981,318) 1,006,524 (25,206) - -
(stage 2)
Transfer to loan-impaired assets (stage 3) (1,251,622) (283,044) 1,534,666 - -
New financial assets originated or purchased 24,979,275 324,132 915,120 1,038,664 27,257,191
Remeasurement of net carrying amount (21,376,252) (711,763) (80,277) - (22,168,292)
Write-offs during the year - - (1,001,933) (60,051) (1,061,984)
End Balance 87,941,455 1,427,904 6,192,716 14,940,545 110,502,620
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Sharia
Description Stage 1 Stage 2 Stage 3 Receivable/ Total
Financing
2024
Beginning Balance 48,388,793 669,959 3,514,292 2,187,859 54,760,903
Effect of Acquisition - - - 11,147,478 11,147,478
Transfer to 12-month expected loan losses
339,074 -232,734 -106,340 - -
(stage 1)
Transfer to lifetime expected loan losses (stage
-636,085 647,977 -11,892 - -
2)
Transfer to loan-impaired assets (stage 3) (1,395,899) (281,977) 1,677,876 - -
New financial assets originated or purchased 28,263,724 385,714 482,255 648,583 29,780,276
Remeasurement of net carrying amount (18,629,878) (218,093) (853,178) - (19,701,149)
Write-offs during the year - - (612,780) (21,988) (634,768)
End Balance 56,329,729 970,846 4,090,233 13,961,932 75,352,740
Management argued that the amount of allowance for impairment losses to cover possible losses arising from uncollectible loans and
sharia receivables/financing was adequate. The balance of allowance for impairment losses was IDR2,198,523 million (individual) and
IDR1,515,114 million (collective) as of December 31, 2025, amounting to IDR1,078,684 million (individual) and IDR1,034,540 million
(collective) as of December 31, 2024.
Bank Jatim implements strategic measures by minimizing 2. Implementing selective credit/financing restructuring for
credit/financing risks, ensuring that every credit/financing debtors who still have business prospects and good faith;
distribution remains sound and sustainable, and maintaining 3. Ensuring compliance with credit policies and provisions in
credit/financing quality and receivables collectibility by every collection process.
increasing collection effectiveness. These strategies are
outlined as follows:
1. Conducting regular credit monitoring to detect potential Other Financial Ratios
declines in credit/financing quality early through the
Jatim Kilat application and optimizes collection to reduce Other financial ratios of Bank Jatim include profitability ratio,
delinquencies; efficiency ratio and compliance ratio presented as follows.
Table of Other Financial Ratios
(in %)
Kenaikan/
Uraian 2025 2024
Penurunan
(1) (2) (3) (2)-(3)
RASIO RENTABILITAS
Return on Assets (ROA) 1.90% 1.60% 0.30%
Return on Equity (ROE) 13.35% 11.89% 1.46%
Net Interest Margin (NIM) 6.15% 5.86% 0.29%
EFFICIENCY RATIO
Operating Expenses to Operating Income (BOPO) 79.92% 81.89% (1.97%)
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Management Discussion and Analysis
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Kenaikan/
Uraian 2025 2024
Penurunan
(1) (2) (3) (2)-(3)
COMPLIANCE RATIO
Statutory reverses in rupiah 0.63% 1.66% (1.03%)
Statutory reverses in foreign exchange 6.94% 9.02% (2.08%)
Return on Assets (ROA) Operating Expenses to Operating Income (BOPO)
Bank Jatim’s 2025 Return on Assets (ROA) was recorded at Bank Jatim’s Operating Expense to Operating Income (BOPO)
1.90%, an increase of 0.30% compared to 1.60% in 2024. The ratio was recorded at 79.92% in 2025, a decrease of 1.97%
increase was driven by a consistent increase in total assets, compared to 81.89% in 2024. The decrease in the BOPO ratio
offset by proportional growth in net profit. was primarily due to lower costs and efficiency, as well as lower
funding costs throughout 2025, which resulted in lower total
Return on Equity (ROE) operating expenses.
Bank Jatim’s 2025 Return on Equity (ROE) was at 13.35%, Net Interest Margin (NIM)
an increase of 1.46% compared to 11.89% in 2024. The ROE
increase was primarily due to a consistent increase in equity, In 2025, Bank Jatim’s Statutory Reserve (GWM) in Rupiah was
offset by proportional growth in net profit, retained earnings, recorded at 0.63%, while its Foreign Currency GWM reached
and BBG corporate actions.
6.94%. This liquidity position was in accordance with the
provisions of Bank Indonesia Regulation No. 19/6/PBI/2017
Net Interest Margin (NIM) on April 17, 2017 concerning the Fifth Amendment to Bank
Indonesia Regulation No. 15/15/PBI/2013 on December 24,
Bank Jatim’s 2025 Net Interest Margin (NIM) was recorded 2013 concerning Statutory Reserves in Rupiah and Foreign
at 6.15%, an increase of 0.29% compared to 5.86% in 2024. Currency for Conventional Commercial Banks. The condition
The NIM increase was primarily driven by growth in lending reflected Bank Jatim’s compliance with regulatory provisions
and financing, which contributed to an increase in net interest and its ability to maintain an optimal liquidity position.
income during 2025.
Fund Interest Rate
Information on competitive interest rates for savings, deposits and current accounts at Bank Jatim is presented as follows:
Table of Savings Interest Rate as of December 2025
Tier Interest rate
SIMPEDA
0-< IDR1 million 0.00%
IDR1 million-< IDR10 million 0.30%
IDR10 million-< IDR50 million 0.50%
IDR50 million-< IDR500 million 0.75%
≥ IDR500 million 1.00%
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Tier Interest rate
SIKLUS
0-< IDR1 million 0.00%
IDR1 million-< IDR10 million 0.50%
IDR10 million-< IDR50 million 0.75%
IDR50 million-< IDR500 million 1.00%
≥ IDR500 million 2.90%
SIKLUS MIKRO KECIL (SiUMI)
0-IDR500 thousand 0.00%
> IDR500 thousand 1.50%
SIKLUS NELAYAN (SiNyal)
0-IDR500 thousand 0.00%
> IDR500 thousand 0.50%
HAJI
All Nominal 1.00%
TABUNGANKU
0-IDR500 thousand 0.00%
>IDR500 thousand-IDR1 million 0.25%
>IDR1 million 1.00%
Notes:
• Interest is calculated daily and in accordance with the applicable tiering
• Interest is paid according to the payment period
SIKLUS PRIORITAS
0-< IDR10 million 0.00%
IDR10 million-< IDR75 million 0.25%
IDR75 million-< IDR150 million 0.50%
IDR150 million-< IDR250 million 0.75%
IDR250 million-< IDR1 billion 1.75%
≥IDR1 billion 2.90%
SIMPANAN LAKU PANDAI
All Nominal 0.50%
SIKLUS PENSIUN
0-< IDR250 thousand 0.00%
IDR250 thousand-< IDR7.5 million 1.25%
IDR7.5 million-< IDR100 million 1.50%
≥IDR100 million 1.75%
SIKLUS VALAS
USD
< USD 100 0.00%
> USD100,00-≤ USD10.000,00 0.05%
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Tier Interest rate
> USD10.000,00-≤ USD100.000,00 0.15%
> USD100.000,00 0.25%
SGD
< USD 100 0.00%
> USD100,00-≤ USD10.000,00 0.05%
> USD10.000,00-≤ USD100.000,00 0.15%
> USD100.000,00 0.20%
EUR
0-EUR300 0.00%
> EUR300 0.10%
JPY
All Nominal 0.00%
HKD
All Nominal 0.00%
Table of Time Deposit Interest Rate as of December 2025
Tenor (month)
Tier
1 2 3 6 12 18 24
month month month month month month month
≥IDR2.5 million-IDR1 billion 2.70% pa 2.80% pa 2.90% pa 3.00% pa 3.10% pa 3.15% pa 3.15% pa
>IDR1 billion 2.75% pa 2.85% pa 2.95% pa 3.05% pa 3.15% pa 3.15% pa 3.15% pa
Table of Foreign Exchange Interest Rate as of December 2025
Tenor (month)
Tier
1 month 3 months 6 months 12 months
USD
≥ USD 1.000-≤ USD 100.000 0.75% pa
> USD 100.000 1.00% pa
SGD
≥ SGD1.000 0.10% pa
EUR
≥ EUR750 Each placement is subject to approval by the authorized division
JPY
≥ JPY100.000 Each placement is subject to approval by the authorized division
HKD
≥ HKD7.500 Each placement is subject to approval by the authorized division
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Tenor (month)
Tier
1 month 3 months 6 months 12 months
AUD
≥ AUD2.000 0.50% pa
CNY
≥ CNY7.000 0.70% pa
*) Above the counter rate, the branch requests approval from the Head Office
Table of Interest Rate of Deposit On Call as of December 2025
Tier Interest rate
0.75% below the market interest rate of Government Banks, BPD or Private Banks obtained
Deposito On Call (Rupiah)
from LHBU or Reuters
Table of Interest Rate of Current Account as of December 2025
Tier Interest rate
RUPIAH
Progressive daily current account service calculation
IDR0-IDR5 million 0.00%
> IDR5 million-IDR100 million 0.50%
> IDR100 million-IDR1 billion 0.75%
> IDR1 billion-IDR500 billion 0.90%
> IDR500 billion-IDR750 billion 1.25%
> IDR750 billion 1.75%
Same as current account Rupiah. and must be included in the
Current account Escrow Account
Cooperation Agreement (PK)
FOREIGN EXCHANGE
USD Foreign Currency Current Account
≤ USD1.000,00 0.00%
> USD1.000,00-≤ USD10.000,00 0.05%
> USD10.000,00-≤ USD100.000,00 0.15%
> USD100.000,00 0.25%
SGD Foreign Currency Current Account
≤ SGD1.000,00 0.00%
> SGD1.000,00-≤ SGD10.000,00 0.05%
> SGD10.000,00-≤ SGD100.000,00 0.15%
> SGD100.000,00 0.20%
EUR Foreign Currency Current Account
EUR 0.10%
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Tier Interest rate
JPY Foreign Currency Current Account
JPY 0.00%
AUD Foreign Currency Current Account
AUD 15.000 -< AUD 150.000 0.20%
≥ AUD 150.000 0.50%
HKD Foreign Currency Current Account
HKD 78.000 -< HKD 780.000 0.20%
≥ HKD 780.000 0.50%
CNY Foreign Currency Current Account
CNY 72.000 -< CNY 720.000 0.20%
≥ CNY 720.000 0.50%
Table of Profit Sharing Ratio
Profit Sharing
Product Profit Sharing Ratio
Realization
General Wadiah Current Accounts for Service/Government 0.00% 0.00
General Wadiah Current Accounts for Private 0.00% 0.00
Individual Wadiah Current Accounts 0.00% 0.00
BPKH Current Accounts 0.00% 0.00
BPD Syariah ABP Wadiah Current Accounts 0.00% 0.00
Non-BPD Wadiah Current Accounts 0.00% 0.00
Apex BPRS Wadiah Current Accounts 0.00% 0.00
Tabunganku iB 0.00% 0.00
Si Pandai iB Barokah Savings 0.00% 0.00
Simple iB Savings 0.00% 0.00
Santri Savings 0.00% 0.00
iB Amanah Umra Savings 0.00% 0.00
General Mudharabah Current Accounts for Service/Government 5.00% 0.36
General Mudharabah Current Accounts for Private 5.00% 0.36
Individual Mudharabah Current Accounts 5.00% 0.36
Barokah Sejahtera Savings 4.00% 0.29
iB Barokah Pension Savings 15.00% 1.09
iB Barokah Plan Savings 25.00% 1.82
iB Amanah Haj Savings 10.00% 0.73
Bank Mudharabah Savings in Indonesia 8.00% 0.58
iB Barokah Gold Savings 12.50% 0.91
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Profit Sharing
Product Profit Sharing Ratio
Realization
Barokah Savings 12.50% 0.91
Barokah Prio Funding Savings 26.98% 1.96
Barokah Prio Kemitraan Savings 26.98% 1.96
Barokah Prio Internal Savings 26.98% 1.96
iB Barokah Prioritas Savings 26.98% 1.96
1-Month Mudharabah Deposit 36.00% 2.62
3-Months Mudharabah Deposit 38.00% 2.76
6-Months Mudharabah Deposit 41.00% 2.98
12-Months Mudharabah Deposit 42.50% 3.09
1-Month Mudharabah Deposit from Other Banks 35.50% 2.58
3-Months Mudharabah Deposit from Other Bank 40.00% 2.91
1-Month Mudharabah Deposit from BPRS Apex 20.00% 1.45
Initial Deposit from BPKH 36.00% 2.62
Full Deposit from BPKH 36.00% 2.62
Optimum Deposit from BPKH 36.00% 2.62
On Call Corporate Deposit 36.00% 2.62
Basic Loan Rate
The Basic Loan Rate (SBDK) is used as the basis for determining the credit interest rate that will be charged to customers. SBDK does
not take into account the estimated risk premium component, the amount of which depends on the Bank‘s assessment of the risk of
each debtor or group of debtors. Thus, the amount of loan interest charged to debtors is not necessarily the same as the SBDK. Non-
KPR Consumption loan does not include the provision of funds through credit cards and unsecured credit (KTA).
Table of Basic Loan Interest Rate
Bank Jatim's Basic Loan Interest Rate as of December 2025
Based on Business Segment
Non-MSMEs Credit MSME Credit
Non-KPR/
KPR/KPA
Non-KPA
Corporate Retail Medium Samll Micro
6.92% 7.49% 7.84% 9.16% 11.91% 8.64% 8.66%
Information on the applicable Prime Lending Rate (SBDK) at any time can be found in publications available at each Bank office and/
or on the Bank’s website, where applicable (included only for publications made through newspapers).t
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Quality Analysis of Productive Assets
The 2025 productive assets was IDR107,388,850 million, an increase of 5.33% compared to 2024, which was IDR101,957,287 million.
The quality of productive assets in 2025 was in the current category of IDR100,111,073 million, in special mention of Rp4,442,742
million, substandard of IDR173,225 million, doubtful of IDR236,310 million, loss of IDR2,425,500 million.
Table of Productive Asset Quality
INDIVIDUAL
December 31, 2025
No Items
Special Sub
Current Doubtful Loss Total
mention standard
I RELATED PARTIES
1 Placement with other banks
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
Spot and deritatives/forward
2
receivables
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
3 Securities owned
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
Securities sold under repurchased
4
agreement (Repo)
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
Claims on securities purchased
5 under agreement to resell (Reserve
Repo)
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
6 Acceptance Bill - - - - - -
7 Loans and financing provided
Micro, Small, and Medium
a.
Enterprises (MSME) Debtors
i. Rupiah 14,079 - - - - 14,079
ii. Foreign exchange - - - - - -
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Annual Report
2025
(in IDR millions)
INDIVIDUAL
December 31, 2024
Current Special mention Sub standard Doubtful Loss Total
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
47 - - - - 47
- - - - - -
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Management Discussion and Analysis
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INDIVIDUAL
December 31, 2025
No Items
Special Sub
Current Doubtful Loss Total
mention standard
b. Non-MSME debtor
i. Rupiah 617,779 - - - 164 617,943
ii. Foreign exchange - - - - - -
c. Restrustured loan
i. Rupiah - - - - - -
ii. Foreign exchange - - - - - -
8 Equity capital - - - - - -
9 Other receivables - - - - - -
10 Commitment and contingencies
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
TOTAL 631,858 - - - 164 632,022
II NON-RELATED PARTIES
1 Placement with other banks
a. Rupiah 1,322,000 - - - - 1,322,000
b. Foreign exchange 476,790 - - - - 476,790
Spot and deritatives/forward
2
receivables
a. Rupiah 2,165 - - - - 2,165
b. Foreign exchange - - - - - -
3 Securities owned
a. Rupiah 18,191,476 - - - - 18,191,476
b. Foreign exchange 1,262,00 - - - - 1,262
Securities sold under repurchased
4
agreement (Repo)
a. Rupiah 3,607,076 - - - - 3,607,076
b. Foreign exchange - - - - - -
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Annual Report
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INDIVIDUAL
December 31, 2024
Current Special mention Sub standard Doubtful Loss Total
-
104,344 - - - 233 104,577
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
104,391 - - - 233 104,624
1,083,325 - - - - 1,083,325
489,857 - - - - 489,857
1,144 - - - - 1,144
- - - - - -
17,787,861 - - - - 17,787,861
-
9,149,544 - - - - 9,149,544
- - - - - -
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Management Discussion and Analysis
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INDIVIDUAL
December 31, 2025
No Items
Special Sub
Current Doubtful Loss Total
mention standard
Claims on securities purchased
5 under agreement to resell (Reserve
Repo)
a. Rupiah 7,335,786 - - - - 7,335,786
b. Foreign exchange - - - - - -
6 Acceptation receivables - - - - - -
7 Loans and financing provided
Micro, Small, and Medium
a.
Enterprises (MSME) Debtors
i. Rupiah 19,538,347 1,759,352 105,449 141,163 1,187,927 22,732,238
ii. Foreign exchange - - - - - -
b. Non-MSME debtor
i. Rupiah 41,118,849 1,489,289 53,217 81,469 1,042,935 43,785,759
ii. Foreign exchange 94,118 - - - - 94,118
c. Restrustured loan
i. Rupiah 2,759,887 1,194,101 14,559 13,678 194,474 4,176,699
ii. Foreign exchange - - - - - -
iii Property loan - - - - - -
8 Equity instrument 400,745 - - - - 400,745
9 Other receivables - - - - - -
10 Commitment and contingencies
a. Rupiah 4,580,689 - - - - 4,580,689
b. Foreign exchange 50,025 - - - - 50,025
TOTAL 99,479,215 4,442,742 173,225 236,310 2,425,336 106,756,828
TOTAL AMOUNT 100,111,073 4,442,742 173,225 236,310 2,425,500 107,388,850
Exchange
III OTHER INFORMATION
1 Total pledged bank assets
a. At Bank Indonesia - - - - - -
b. On the other hand - - - - - -
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Annual Report
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INDIVIDUAL
December 31, 2024
Current Special mention Sub standard Doubtful Loss Total
617,860 - - - - 617,860
- - - - - -
- - - - - -
17,716,737 1,353,814 106,291 137,802 1,005,624 20,320,268
- - - - - -
41,172,711 1,388,937 64,901 68,182 824,562 43,519,293
112,448 - - - - 112,448
2,313,552 1,081,069 30,318 14,171 196,003 3,901,204
- - - - - -
- - - - - -
100,000 - - - - 100,000
- - - - - -
4,721,574 - - - - 4,721,574
48,285 - - - - 48,285
95,314,898 3,823,820 201,510 220,155 2,026,189 101,852,663
95,419,289 3,823,820 201,510 220,155 2,026,422 101,957,287
- - - - - -
- - - - - -
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Management Discussion and Analysis
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INDIVIDUAL
December 31, 2025
No Items
Special Sub
Current Doubtful Loss Total
mention standard
Total CKPN on financial assets on
2 - - - - - 2,747,514
productive assets
Total PPA that must be formed for
3 - - - - - 3,274,960
assets
Percentage of credit to MSMEs to
4 - - - - - 33,83%
total credit
Percentage of credit to Small Micro
5 - - - - - 25,94%
Enterprises (UMK) to total credit
Percentage of total MSME debtors
6 - - - - - 30,99%
to total debtors
Percentage of total debtors of Micro
7 Small Enterprises (UMK) to total - - - - - 28,94%
debtors
8 Others
a. Channeling loans - - - - - 628,678
b. Distribution of Mudharabah
- - - - - -
Muqayyadah funds
c. Write-off productive assets - - - - - 5,700,564
d. Written off productive asset that
- - - - - 1,615,079
were recovered/ successfully billed
e. Productive assets that are written off - - - - - -
Bank Capital Structure
Significant regulatory developments greatly affect the operational and business conditions of Bank Jatim in the future, including the
issuance of Financial Services Authority Regulation Number 12/POJK.03/2021 concerning Commercial Banks. Based on the OJK
Regulation, Bank Jatim becomes a Bank Group Based on Core Capital (KBMI) 2 (Banks with Core Capital of more than IDR6 trillion to
IDR14 trillion) which was previously in the category of Commercial Banks based on Business Activities (BUKU) III.
As of the end of December 2025, Bank Jatim’s consolidated core capital amounted to IDR21,451,803 million, while its supplementary
capital (Tier 2) stood at IDR902,151 million. An effective, sound, and efficient capital strategy has remained a key focus of management,
in line with Bank Jatim’s continued growth into a larger and stronger financial institution.
The Bank’s capital structure is predominantly composed of permanent capital components, with core capital representing the largest
portion of the capital structure. As of December 2025, the core capital ratio to Risk-Weighted Assets (RWA/ATMR) stood at 25.38%
264 PT Bank Pembangunan Daerah Jawa Timur Tbk
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INDIVIDUAL
December 31, 2024
Current Special mention Sub standard Doubtful Loss Total
- - - - - 2,069,345
- - - - - 2,865,430
- - - - - 31,72%
- - - - - 24,61%
- - - - - 42,98%
- - - - - 41,03%
- - - - - 633,818
- - - - - -
- - - - - 4,783,899
- - - - - 1,411,825
- - - - - -
on a standalone basis and 29.09% on a consolidated basis, both well above the minimum regulatory requirement of 6% set by the
Financial Services Authority (OJK). In addition, the Common Equity Tier 1 (CET 1) ratio to RWA reached 24.24% on a standalone basis
and 27.91% on a consolidated basis, also exceeding the OJK minimum requirement of 4.50%.
Management Policy and Basis of Management Policy Selection on Capital Structure
Bank Jatim’s capital management policy is implemented to meet the capital adequacy set by the regulator to cover all risks and
ensure that Bank Jatim’s capital structure is efficient in supporting business growth in normal and crisis conditions, including
participation in subsidiaries in order to meet stakeholder, investor and regulator expectations.
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Bank Jatim prepares a Capital Plan based on an assessment 3. Calculating additional capital as a buffer, in the event of a
and review of the required capital adequacy requirements and financial and economic crisis that can disrupt the stability
combines it with a review of the latest economic developments. of the financial system. The additional capital is in the form
Bank Jatim will always link financial objectives and capital of a capital conservation buffer of 2.5% of Risk-Weighted
adequacy to tolerable risks through the capital planning Assets, while the countercyclical buffer and capital
process, as well as businesses that are adjusted to the Bank’s surcharge for systemic banks are 0% of Risk-Weighted
capital level and liquidity requirements. Bank Jatim’s capital Assets.
needs are also planned and discussed routinely, supported by
analytical data. The capital planning is prepared by the Board of As of 31 December 2025, Bank Jatim recorded a Capital
Directors as part of Bank Jatim’s Business Plan and is approved Adequacy Ratio (CAR) or Minimum Capital Requirement
by the Board of Commissioners to ensure that the Bank’s (KPMM) of 25.38% on a standalone basis and 29.09% on a
capital structure is aligned with its strategic objectives and consolidated basis, with a minimum total CAR requirement
established risk appetite. This planning is expected to ensure of 12.27%. Throughout 2025, Bank Jatim has consistently
the availability of sufficient capital and the creation of a strong complied with the minimum CAR requirements stipulated by
capital structure to support future business growth. the regulator.
The main objective of capital management is to ensure that the Capital Adequacy
Bank can maintain a healthy capital ratio in order to support the
business and maximize shareholder value. As one of the disclosures of Basel II Pillar III, the Financial
Services Authority has issued Financial Services Authority
Bank Jatim in calculating the adequacy of capital refers to the Circular Letter Number 26/SEOJK.03/2016 dated July 14,
provisions of the Financial Services Authority (OJK), including 2016 concerning the Minimum Capital Adequacy Obligation
the following: according to Risk Profile and Fulfillment of Capital Equivalency
1. Financial Services Authority Regulation No. 11/ Maintained Assets (CEMA). In relation to this, the bank
POJK.03/2016 concerning the Minimum Capital Provision has developed and implemented a methodology for the
Obligation of Commercial Banks as amended several times, implementation of the Internal Capital Adequacy Assessment
most recently by Financial Services Authority Regulation Process (ICAAP) and has taken into account Pillars I and II.
No. 27 of 2022 dated December 26, 2022. ICAAP is a process for determining capital adequacy according
2. Financial Services Authority Circular Letter No. 26/ to the risk profile and determining strategies to maintain
SEOJK.03/2016 dated July 14, 2016 concerning the capital levels where the methodology has been approved by
Minimum Capital Provision Obligation according to Risk management. The report on the minimum capital adequacy
Profile and Fulfillment of Capital Equivalency Maintained ratio according to the Risk Profile is reported periodically to the
Assets. Financial Services Authority as a form of compliance with the
provisions of the Financial Services Authority Circular Letter.
Bank Jatim calculates the Minimum Capital Provision
Requirement (KPMM) to measure the Bank’s capital capacity to In line with Financial Services Authority Regulation No. 11/
absorb risk, namely by stages: POJK.03/2016 concerning the Minimum Capital Adequacy
1. Calculating the adequacy of minimum capital provision Obligation of Commercial Banks as amended several times,
using a standard approach referring to the Basel III Reforms most recently by Financial Services Authority Regulation No. 27
(Standardized Approach) for credit risk, market risk and of 2022 dated December 26, 2022, where Banks must provide
operational risk. a minimum capital adequacy ratio according to the bank’s risk
2. Calculating the adequacy of minimum capital provision profile plus the Capital Conservation Buffer, Countercyclical
according to Bank Jatim’s risk profile. Based on Financial Buffer and Capital Surcharge for D-SIB (Domestic Systemically
Services Authority Regulation No. 11/POJK.03/2016 Important Bank). The Capital Conservation Buffer is needed
concerning the Minimum Capital Provision Obligation by banks as a buffer in dealing with losses due to crisis
of Commercial Banks as amended several times, most conditions, while the Countercyclical Buffer is needed by
recently by Financial Services Authority Regulation No. banks as additional buffer capital to anticipate losses if there
27 of 2022 dated December 26, 2022, it states that the is excessive banking credit growth that has the potential to
minimum capital provision for banks with a risk profile disrupt the stability of the financial system.
rating 2 (low to moderate) has a minimum CAR ratio of 9%
to less than 10%, so that the KPMM ratio according to Bank
Jatim’s risk profile is 9.77%.
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In 2025, in line with the applicable provisions, the required Capital Adequacy Ratio (CAR), taking into account a Low to Moderate (2)
risk profile rating and Basel III reforms, was set at 12.27%, comprising a minimum capital requirement based on risk profile of 9.77%,
a Capital Conservation Buffer of 2.5%, and a Countercyclical Buffer of 0%. This achievement indicates that Bank Jatim maintains a
capital buffer well above the minimum regulatory CAR requirement. The Bank’s internal assessment incorporates both Pillar 1 and
Pillar 2 requirements, reflecting the minimum capital adequacy ratio in accordance with its risk profile.
Capital Structure Details
In accordance with Financial Service Authority Regulation No. 27 of 2022 concerning the Second Amendment to Financial Service
Authority Regulation Number 11/POJK.03/2016 about the Minimum Capital Provision Obligation for Commercial Banks. Bank capital
consists of Core Capital (Tier-1) and Supplementary Capital (Tier-2). In terms of capital structure, until December 2025, a detailed
description of the capital structure is presented in the following table.
Table of Capital Structure
(in IDR million)
December 31, 2025 December 31, 2024
Bank Jatim’s Capital Adequacy Position
Individual Consolidation Individu Konsolidasi
Core Capital 12,363,452 21,451,803 11,132,593 13,205,219
Supplementary Capital 582,284 902,151 574,469 661,475
Total Capital 12,945,736 22,353,954 11,707,062 13,866,694
ATMR for Credit Risk 46,000,400 71,269,932 45,383,026 52,256,577
ATMR for Market Risk 391,597 358,772 54,460 54,460
ATMR for Operational Risk 4,868,062 5,218,478 4,398,973 4,597,938
Total Risk Weighted Assets 51,002,701 76,847,182 49,836,460 56,908,975
Capital Adequacy Ratio (%)
CAR Ratio 25.38% 29.09% 23.49% 24.36%
CET 1 Ratio 24.24% 27.91% 22.34% 23.20%
Tier 1 Ratio 24.24% 27.91% 22.34% 23.20%
Tier 2 Ratio 1.14% 1.17% 1.15% 1.16%
Minimum CAR According to Risk Profile 9.77% 9.77% 9.88% 9.88%
Information on Capital and Risk Exposure
In accordance with the complexity of its business, the Bank manages 8 (eight) types of risk, namely credit risk, liquidity risk, market
risk, operational risk, legal risk, reputation risk, strategic risk and compliance risk. However, this section only explains the risk
management practices for credit risk, market risk, liquidity risk, and operational risk. Meanwhile, explanations related to other types
of risk are presented in the Risk Profile and Management section on Corporate Governance in this Annual Report.
Based on the Financial Services Authority Regulation (POJK) Number 37/POJK.03/2019 and OJK Circular Letter Number 9/
SEOJK.03/2020 Concerning Transparency and Publication of Bank Reports and OJK Regulation Number 18/POJK.03/2016
concerning Implementation of Risk Management.
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Key Metrics/KM1
Key Metric (Individual)
(in IDR million)
T T-1 T-2 T-3 T-4
No Description
31/12/2025 30/09/2025 30/06/2025 31/03/2025 31/12/2024
(Audited) (Un Audited) (Un Audited) (Audited) (Audited)
AVAILABLE CAPITAL
1 Common Equity Tier 1 12,363,452 11,645,039 11,156,824 11,479,810 11,132,593
2 Tier 1 Capital 12,363,452 11,645,039 11,156,824 11,479,810 11,132,593
3 Total Capital 12,945,736 12,255,945 11,739,570 12,064,914 11,707,062
RISK WEIGHTED ASSETS (RWA)
4 Total Aset Risk Weighted Assets (RWA) 51,002,701 52,970,150 50,726,287 50,912,836 49,836,460
RISK-BASED CAPITAL RATIOS AS A PERCENT-
AGE OF RWA
5 CET1 Ratio (%) 24.24% 21.98% 21.99% 22.55% 22.34%
6 Tier 1 Ratio (%) 24.24% 21.98% 21.99% 22.55% 22.34%
7 CAR (%) 25.38% 23.14% 23.14% 23.70% 23.49%
Additional CET1 buffer as a percentage of RWA
8 Capital Conservation Buffer (2.5% of ATMR) (%) 2.5% 2.5% 2.5% 2.5% 2.5%
9 Countercyclical Buffer (0 - 2.5% of ATMR) (%) 0% 0% 0% 0% 0%
Capital Surcharge for Systemically Important
10 0% 0% 0% 0% 0%
Bank (1% - 2.5%) (%)
11 TTotal CET1 as Buffer (Row 8 + Row 9 + Row 10) 2.50% 2.50% 2.50% 2.50% 2.50%
12 CET1 Component for Capital Buffer 15.61% 13.37% 13.26% 13.82% 13.61%
Leverage Ratio in accordance with Basel III
13 Total Exposures 105,745,711 106,391,852 101,674,535 102,306,439 102,603,122
Leverage Ratio Value, including the impact of
adjustments to temporary exceptions for current
14 11.67% 10.95% 11.55% 11.17% 10.74%
account placements with Bank Indonesia in order
to comply with GWM requirements (if any) (%)
Leverage Ratio Value, excluding the impact of
adjustments to temporary exceptions for current
14b 11.67% 10.95% 11.55% 11.17% 10.74%
account placements with Bank Indonesia in order
to comply with GWM requirements (if any) (%)
Leverage Ratio value, including the impact of
adjustments to the temporary exception for
current account placements with Bank Indonesia
14c in order to comply with GWM requirements (if 11.67% 10.95% 11.55% 11.17% 10.74%
any), which has included the average value of
the gross recorded value of Securities Financing
Transactions (SFT) assets (%)
268 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
T T-1 T-2 T-3 T-4
No Description
31/12/2025 30/09/2025 30/06/2025 31/03/2025 31/12/2024
(Audited) (Un Audited) (Un Audited) (Audited) (Audited)
Leverage Ratio value, excluding the impact of
adjustments to the temporary exception for
current account placements with Bank Indonesia
14d in order to comply with GWM requirements (if - - - - -
any), which has included the average value of
the gross recorded value of Securities Financing
Transactions (SFT) assets (%)
LIQUIDITY COVERAGE RATIO
15 High-quality liquid assets (HQLA) 29,729,981 32,415,072 27,092,974 19,620,267 19,921,523
16 Total Net Cash Outflows 14,023,860 17,773,727 19,095,179 12,786,818 11,202,790
17 LCR (%) 212.00% 182.38% 141.88% 153.44% 177.83%
NET STABLE FUNDING RATIO
18 Available Stable Funding 73,162,923 80,469,555 74,291,360 73,693,982 73,734,778
19 Required Stable Funding 60,042,746 58,857,107 55,695,077 58,585,581 56,834,563
20 NSFR (%) 121.85% 136.72% 133.39% 125.79% 129.74%
Qualitative Analysis
Bank Jatim’s total capital as of December 2025 (T) was IDR12.92 trillion, an increase of 5.63% compared to September 2025 (T-1). The increase was
primarily due to an increase in core capital, specifically the additional capital reserves component and the current year’s profit component. Compared
to the previous period (September 2025), the current year’s profit component increased by 45.87% to IDR486,065 million. Overall, the Capital
Adequacy Ratio (CAR) increased from 23.14% in September 2025 to 25.38% in December 2025. This increase was due, in part, to a larger increase
in total capital compared to total risk-weighted assets, resulting in a higher ratio in this period compared to the previous period.
Bank Jatim’s leverage ratio as of December 2025 (T) was 11.67%, an increase of 0.72% from September 2025 (T-1). This increase was due to an
increase in core capital compared to a decrease in total exposure components, resulting in a higher ratio compared to the previous period. Meanwhile,
the decrease in total exposure was partly due to a 4.73% decrease in Total Asset Exposure in the Statement of Financial Position, amounting to
IDR47,707 million. Overall, the Bank’s leverage ratio as of December 2025 remained above the regulatory minimum limit of >3%.
The LCR ratio for December 2025 was 212%, an increase of 29.62% from 182.38% in September 2025. The increase was due to a smaller decrease in
average HQLA (8.28%) compared to the average decrease in Net Cash Outflow (21.10%). High Quality Liquid Assets (HQLA) in the period of December
2025 was 29.72 T dominated by HQLA Level 1, such as placements with Bank Indonesia and Securities issued by the Central Government and Bank
Indonesia. In addition, the NSFR Ratio in the period of December 2025 of 121.85% also decreased by 14.87% from the previous period of September
2025 of 136.72% due to the total available stable funding (ASF) decreased compared to the increase in the total required stable funding (RSF) so that
the ratio formed in this period was smaller than the ratio in the previous period. Total Available Stable Funding (ASF) decreased by 9.08% compared
to the period of September 2025. The decrease was due to a decrease in capital and funding from corporate customers, micro and small businesses.
On the other hand, the Total Required Stable Funding (RSF), when compared to the period of September 2025, experienced an increase of 2.01%
compared to the decrease in ASF. This increase was due to an increase in deposits at other financial institutions for operational purposes and loans in
the Current category and TPF, which was, in this case, was Credit/Financing.
PT Bank Pembangunan Daerah Jawa Timur Tbk 269
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Management Discussion and Analysis
04 on Bank Performance
Key Metric (Consolidated)
(in IDR million)
T (Console) T - 1 (Console) T - 2 (Console) T - 3 (Console) T- 4 (Console)
No Description
31/12/2025 30/09/2025 30/06/2025 31/03/2025 31/12/2024
(Audited) (Un Audited) (Un Audited) (Audited) (Audited)
AVAILABLE CAPITAL
1 Common Equity Tier 1 21,451,803 13,608,924 13,307,057 13,504,101 13,205,219
2 Tier 1 Capital 21,451,803 13,608,924 13,307,057 13,504,101 13,205,219
3 Total Capital 22,353,954 14,299,460 13,969,183 14,173,310 13,866,694
RISK WEIGHTED ASSETS (RWA)
4 Total Aset Risk Weighted Assets (RWA) 76,847,182 59,868,746 57,605,087 58,164,904 56,908,975
RISK-BASED CAPITAL RATIOS AS A PERCENT-
AGE OF RWA
5 CET1 Ratio (%) 27.91% 22.73% 23.10% 23.22% 22.47%
6 Tier 1 Ratio (%) 27.91% 22.73% 23.10% 23.22% 22.47%
7 CAR (%) 29.09% 23.88% 24.25% 24.37% 23.63%
Additional CET1 buffer as a percentage of RWA
8 Capital Conservation Buffer (2.5% of ATMR) (%) 2.5% 2.5% 2.5% 2.5% 2.5%
9 Countercyclical Buffer (0 - 2.5% of ATMR) (%) 0% 0% 0% 0% 0%
Capital Surcharge for Systemically Important
10 0% 0% 0% 0% 0%
Bank (1% - 2.5%) (%)
11 TTotal CET1 as Buffer (Row 8 + Row 9 + Row 10) 2.50% 2.50% 2.50% 2.50% 2.50%
12 CET1 Component for Capital Buffer 19.32% 14.11% 14.48% 14.49% 14.48%
Leverage Ratio in accordance with Basel III
13 Total Exposures 169,413,936 125,042,183 118,171,677 118,213,136 118,649,831
Leverage Ratio Value, including the impact of
adjustments to temporary exceptions for current
14 12.30% 10.88% 11.26% 11.39% 10.85%
account placements with Bank Indonesia in order
to comply with GWM requirements (if any) (%)
Leverage Ratio Value, excluding the impact of
adjustments to temporary exceptions for current
14b 12.30% 10.88% 11.26% 11.39% 10.85%
account placements with Bank Indonesia in order
to comply with GWM requirements (if any) (%)
Leverage Ratio value, including the impact of
adjustments to the temporary exception for
current account placements with Bank Indonesia
14c in order to comply with GWM requirements (if 12.30% 10.88% 11.26% 11.39% 10.85%
any), which has included the average value of
the gross recorded value of Securities Financing
Transactions (SFT) assets (%)
270 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 271
Annual Report
2025
T (Console) T - 1 (Console) T - 2 (Console) T - 3 (Console) T- 4 (Console)
No Description
31/12/2025 30/09/2025 30/06/2025 31/03/2025 31/12/2024
(Audited) (Un Audited) (Un Audited) (Audited) (Audited)
Leverage Ratio value, excluding the impact of
adjustments to the temporary exception for
current account placements with Bank Indonesia
14d in order to comply with GWM requirements (if - - - - -
any), which has included the average value of
the gross recorded value of Securities Financing
Transactions (SFT) assets (%)
LIQUIDITY COVERAGE RATIO
15 High-quality liquid assets (HQLA) 40,569,083 33,986,485 27,092,974 25,798,729 28,063,689
16 Total Net Cash Outflows 18,240,701 22,185,690 19,095,179 17,700,848 14,452,757
17 LCR (%) 222.41% 153.19% 141.88% 145.75% 194.18%
NET STABLE FUNDING RATIO
18 Available Stable Funding 110,697,949 91,566,345 86,504,591 84,614,042 83,853,366
19 Required Stable Funding 96,129,674 68,402,115 66,997,916 64,107,325 66,340,926
20 NSFR (%) 115.15% 133.86% 129.12% 131.99% 126.40%
Qualitative Analysis
Bank Jatim’s total capital as of December 2025 (T) was IDR22.35 trillion, an increase of 56.33% from September 2025 (T-1). The increase was
primarily due to an increase in the Core Capital factor, such as in the additional capital reserve component, which, in this case, was the current year’s
Profit component. Compared to the previous period (September 2025), the current year’s Profit component increased by 45.75% to IDR485,125
million. Overall, the Capital Adequacy Ratio (CAR) increased from 23.88% in September 2025 to 29.09% in December 2025. The increase was due
to an increase in total capital that was greater than the increase in total risk-weighted assets, so that the ratio formed in this period was greater than
the ratio in the previous period.
Bank Jatim’s leverage ratio as of December 2025 (T) was at 12.30%, the ratio increased by 1.42% from September 2025 (T-1). The increase was due
to a smaller increase in the total exposure component compared to the increase in core capital, resulting in a larger ratio compared to the previous
period. In addition, the increase in total exposure was partly due to an increase in Total Securities Financing Transaction (SFT) Exposure in the
statement of financial position, amounting to 62.96%, or IDR4,341,588 million. In general, the Bank’s leverage ratio as of December 2025 remained
above the regulatory minimum limit of >3%.
The LCR ratio for December 2025 was 222.41%, an increase of 69.22% from the previous period (September 2025) of 153.19%. The increase was due
to a larger increase in average HQLA (19.37%) compared to the decrease in average Net Cash Outflow (17.78%). High-Quality Liquid Assets (HQLA) in
the period of December 2025 was 40.56 T dominated by HQLA Level 1, such as placements with Bank Indonesia and Securities issued by the Central
Government and Bank Indonesia. In addition, the NSFR Ratio in the period of December 2025 was 115.15%, decreased by 18.71% from the previous
period of September 2025 of 133.86% because the total available stable funding (ASF) experienced a smaller increase (20.89%) compared to the
increase in the total required stable funding (RSF) of 40.54% so that the ratio formed in this period was smaller than the ratio in the previous period.
Total Available Stable Funding (ASF) in the period of December 2025 increased by 20.89% compared to the period of September 2025. This increase
was due to an increase in capital, Deposits from individual customers, funding from micro and small business customers, and funding from corporate
customers. Contrastingly, the Total Required Stable Funding (RSF) compared to the September 2025 period experienced a greater increase than the
ASF, which was 40.54%. This increase was due to an increase in deposits with other financial institutions for operational purposes and administrative
accounts for financing.
PT Bank Pembangunan Daerah Jawa Timur Tbk 271
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Management Discussion and Analysis
04 on Bank Performance
Credit Risk Exposure
Disclosure of Credit Quality of Assets
Table of Disclosure on Individual Asset Quality of the Bank as of December 31, 2025
Allowance for Impairment Allowance
Carrying Amount
Allowance Losses for
for Impairment
Net value
Receivables Impairment Losses
Description Matured Losses Stage 2 and on Sharia
Not Yet Stage 1
Receivables Stage 3 Exposures
Matured
a b c d e f g=a+b-c
Loans 2,623,980.07 64,620,156.86 2,667,729.40 2,111,158.18 479,194.62 77,376,60 64,576,407.53
Securities - 18,192,737.62 234.51 - 234.51 - 18,192,503.11
Off-Balance Sheet Transactions 36,912.72 3,952,359.91 - - - - 3,989,272.62
Total 2,660,892.79 86,765,254.39 2,667,963.91 2,111,158.18 479,429.13 77,376,60 86,758,183.26
Table of Disclosure on Consolidated Asset Quality of the Bank with Subsidiaries as of December 31, 2025
Allowance for Impairment Allowance
Carrying Amount
Allowance Losses for
for Impairment
Net value
Receivables Impairment Losses
Description Matured Losses Stage 2 and on Sharia
Not Yet Stage 1
Receivables Stage 3 Exposures
Matured
a b c d e f g=a+b-c
Loans 3,425,757.04 107,076,862.90 3,713,636.96 106,788,982.98
Securities - 24,564,770.92 253.29 24,564,517.63
Off-Balance Sheet Transactions 187,469.17 4,386,533.45 - 4,574,002.62
Total 3,613,226.21 136,028,167.27 3,713,890.25 - - - 135,927,503.23
Additional Disclosure on Credit Quality of Assets
Table of Disclosure on Net Receivables by Region (Individual) as of December 31, 2025
Net Receivables
Outside East
No Portfolio Category East Java Others Total
Java
a b c d=a+b+c
1. Receivables from the Government - - 30,324,616.27 30,324,616.27
2. Receivables from foreign governments - - 101,246.21 101,246.21
3. Receivables from Public Sector Entities 174,947.84 - - 174,947.84
Receivables from Multilateral Development
4. - - - -
Banks and International Institutions
5. Receivables from Banks 4,478.93 - 3,115,487.79 3,119,966.72
6. Receivables of a Covered Bond - - - -
Receivables from Securities Companies and
7. - - - -
Other Financial Services Institutions
Receivables in the form of Securities/
8. Subordinated Receivables, Equity and Other - - - -
Capital Instruments
272 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Net Receivables
Outside East
No Portfolio Category East Java Others Total
Java
a b c d=a+b+c
9. House-backed Loan 2,035,246.18 240,492.91 - 2,275,739.09
10. Commercial Property-backed Loan 18,007.78 - - 18,007.78
Loan for Land Acquisition, Land Management
11. 47,989.39 - - 47,989.39
and Construction
12. Employee/Retiree Loan 29,794,270.85 41,189.90 - 29,835,460.74
13. Receivables from MSE and Retail Portfolio 14,515,181.33 251,939.10 - 14,767,120.43
14. Corporate Receivables 14,272,559.79 1,884,696.49 1,676,964.34 17,834,220.62
15. Matured Receivables 1,194,698.97 100,708.07 - 1,295,407.05
16. Other Assets - - 3,095,815.03 3,095,815.03
Total 62,057,381.07 2,519,026.46 38,314,129.64 102,890,537.17
Table of Disclosure on Net Receivables by Region (Consolidated with Subsidiaries) as of December 31, 2025
Net Receivables
Outside East
No Portfolio Category East Java Others Total
Java
a b c d=a+b+c
1. Receivables from the Government - 38,992.45 41,946,863.92 41,985,856.37
2. Receivables from foreign governments - - 101,246.21 101,246.21
3. Receivables from Public Sector Entities 174,947.84 232,440.04 - 407,387.88
Receivables from Multilateral Development
4. - 376.35 - 376.35
Banks and International Institutions
5. Receivables from Banks 4,478.93 400,119.94 8,438,759.02 8,843,357.89
6. Receivables of a Covered Bond - - - -
Receivables from Securities Companies and
7. - 16.98 - 16.98
Other Financial Services Institutions
Receivables in the form of Securities/
8. Subordinated Receivables, Equity and Other - - - -
Capital Instruments
9. House-backed Loan 2,035,246.18 1,239,315.35 - 3,274,561.53
10. Commercial Property-backed Loan 18,007.78 94,043.23 - 112,051.02
Loan for Land Acquisition, Land Management
11. 47,989.39 - - 47,989.39
and Construction
12. Employee/Retiree Loan 29,794,270.85 36,121,919.91 - 65,916,190.76
13. Receivables from MSE and Retail Portfolio 14,515,181.33 3,198,595.94 - 17,713,777.27
14. Corporate Receivables 14,272,559.79 3,060,093.34 1,828,945.56 19,161,598.69
15. Matured Receivables 1,194,698.97 345,688.38 - 1,540,387.36
16. Other Assets - - 4,094,734.00 4,094,734.00
Total 62,057,381.07 44,731,601.91 56,410,548.70 163,199,531.69
PT Bank Pembangunan Daerah Jawa Timur Tbk 273
Page 274
Management Discussion and Analysis
04 on Bank Performance
Table of Disclosure on Net Receivables by Remaining Contract Period (Individual) as of December 31, 2025
Net Receivables by Remaining Contract Period
> 1 Year to 3 > 3 Years to 5 Non-
No Portfolio Category < 1 Year > 5 Years Total
Years Years Contractual
a b c d e f = a+b+c+d+e
Receivables from the
1. 30,324,616.27
Government
Receivables from foreign
2. 101,246.21
governments
Receivables from Public Sector
3. 174,947.84
Entities
Receivables from Multilateral
4. Development Banks and -
International Institutions
5. Receivables from Banks 3,119,966.72
6. Receivables of a Covered Bond -
Receivables from Securities
7. Companies and Other -
Financial Services Institutions
Receivables in the form of
Securities/Subordinated
8. -
Receivables, Equity and Other
Capital Instruments
9. House-backed Loan 2,275,739.09
Commercial Property-backed
10. 18,007.78
Loan
Loan for Land Acquisition,
11. Land Management and 47,989.39
Construction
12. Employee/Retiree Loan 29,835,460.74
Receivables from MSE and
13. 14,767,120.43
Retail Portfolio
14. Corporate Receivables 17,834,220.62
15. Matured Receivables 1,295,407.05
16. Other Assets 3,095,815.03
Total - - - - - 102,890,537.17
274 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 275
Annual Report
2025
Table of Disclosure on Net Receivables by Remaining Contract Period (Consolidated with Subsidiaries) as of December 31, 2025
Net Receivables by Remaining Contract Period
> 1 Year to 3 > 3 Years to 5 Non-
No Portfolio Category < 1 Year > 5 Years Total
Years Years Contractual
a b c d e f = a+b+c+d+e
Receivables from the
1. 41,985,856.37
Government
Receivables from foreign
2. 101,246.21
governments
Receivables from Public Sector
3. 407,387.88
Entities
Receivables from Multilateral
4. Development Banks and 376.35
International Institutions
5. Receivables from Banks 8,843,357.89
6. Receivables of a Covered Bond
Receivables from Securities
7. Companies and Other 16.98
Financial Services Institutions
Receivables in the form of
Securities/Subordinated
8.
Receivables, Equity and Other
Capital Instruments
9. House-backed Loan 3,274,561.53
Commercial Property-backed
10. 112,051.02
Loan
Loan for Land Acquisition,
11. Land Management and 47,989.39
Construction
12. Employee/Retiree Loan 65,916,190.76
Receivables from MSE and
13. 17,713,777.27
Retail Portfolio
14. Corporate Receivables 19,161,598.69
15. Matured Receivables 1,540,387.36
16. Other Assets 4,094,734.00
Total - - - - - 163,199,531.69
PT Bank Pembangunan Daerah Jawa Timur Tbk 275
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Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Receivables Multilateral Receivables
Economic the Receivables from Receivables from Companies Subordinated
No from foreign Development of a Covered
Sector Indonesian Public Sector Entities Banks and Other Receivables,
governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Agriculture,
1 Forestry and - - - - - - - -
Fisheries
Mining and
2 - - - - - - - -
Excavation
3 Manufacturing - - 823,920,792,173.04 - - - - -
Procurement of
Electricity, Gas,
4 - - - - - - - -
Steam/Hot Water
and Cold Air
Water
Management,
Wastewater
Management,
5 Waste - - - - - - - -
Management
and Recycling,
and Remediation
Activities
6 Construction - - 1,192,644,142,002.01 - - - - -
Wholesale and
Retail Trade;
Repair and
7 - - - - - - - -
Maintenance
of Car and
Motorcycle
Transportation
8 - - - - - - - -
and Warehousing
Accommodation
9 and Food - - - - - - - -
Services
Information and
10 - - - - - - - -
Communication
Financial and
11 Insurance - 101,246,208,225.00 - - 3,235,241,908,665.06 - - -
Activities
12 Real Estate - - - - - - - -
Professional,
Scientific,
13 - - - - - - - -
and Technical
Activities
Rental and
Leasing Activities
Without
Option Rights,
14 - - - - - - - -
Employment,
Travel Agents,
and Other
Business Support
Government
Administration,
15 Defense, and 30,324,616,266,810.00 - 496,349,169,100.50 - - - - -
Mandatory Social
Security
16 Education - - - - - - - -
Human Health
17 and Social - - 97,725,929,576.50 - - - - -
Activities
276 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 277
Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
1,371,355,442,740.04 10,705,240,839.22 - - 2,398,738,165,165.25 1,003,764,465,159.70 148,464,126,853.34 -
15,344,367,779.86 - - - 8,152,454,419.73 31,203,927,816.41 3,298,647,520.57 -
704,088,244,289.46 45,757,222,444.29 - - 381,188,758,779.26 1,874,033,139,812.54 64,438,127,383.77 -
5,833,933,531.82 - - - 4,071,051,171.39 3,779,928,877.99 - -
- - - - 3,133,347,085.51 1,642,552,802.81 173,884,454.09 -
225,100,964,324.75 7,968,835,687.82 26,173,304,258.87 - 51,302,551,319.56 1,102,908,946,948.19 8,102,831,691.45 -
4,780,861,527,024.71 177,461,818,607.37 - - 2,837,855,156,448.82 3,138,302,362,240.50 444,363,723,880.02 -
69,836,129,562.80 1,877,105,027.73 - - 33,056,483,708.86 162,639,186,032.97 5,982,067,931.74 -
354,691,877,473.50 2,980,192,521.78 - - 184,793,920,073.53 129,174,302,239.68 22,132,454,651.11 -
20,059,938,585.28 1,410,779,993.18 - - 9,116,769,843.91 17,401,415,330.30 2,022,573,181.74 -
22,750,624,485.28 - - - 228,204,271,105.92 206,317,174,508.20 17,235,871,192.31 -
8,769,065,420.63 684,819,714.03 24,053,399,613.51 - 13,865,157,652.31 15,946,525,505.69 982,013,477.50 -
31,570,825,009.24 2,067,001,372.32 - - 5,189,443,844.35 17,312,373,358.70 2,588,084,902.29 -
46,641,201,305.22 1,278,071,939.49 - - 46,285,768,614.90 75,617,010,021.67 5,191,290,774.48 -
- - - - 124,881,859.94 - - -
21,476,396,360.00 568,944,328.17 - - 100,619,927,808.42 316,913,764,722.84 4,035,653,227.09 -
173,249,441,967.28 91,461,063.75 - - 33,066,409,915.12 139,283,153,061.14 1,281,068,799.95 -
PT Bank Pembangunan Daerah Jawa Timur Tbk 277
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Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Receivables Multilateral Receivables
Economic the Receivables from Receivables from Companies Subordinated
No from foreign Development of a Covered
Sector Indonesian Public Sector Entities Banks and Other Receivables,
governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Arts,
18 Entertainment, - - - - - - - -
and Recreation
Other Service
19 - - 1,059,037,322,436.01 - - - - -
Activities
Household
Activities as
Employers;
Activities that
20 Produce Goods - - - - - - - -
and Services by
Households Used
to Meet Their
Own Needs
Activities of
International
Agencies and
21 - - - - - - - -
Other Extra-
International
Agencies
22 Household - - - - - - - -
Non-Business
23 - - - - - - - -
Field
24 Others - - - - - - - -
TOTAL 30,324,616,266,810.00 101,246,208,225.00 3,669,677,355,288.06 - 3,235,241,908,665.06 - - -
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Economic Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No Sector - from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
Conventional governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Agriculture,
1 Forestry and - - - - - - - -
Fisheries
Mining and
2 - - - - - - - -
Excavation
3 Manufacturing - - 823,920,792,173.04 - - - - -
Procurement of
Electricity, Gas,
4 - - - - - - - -
Steam/Hot Water
and Cold Air
Water
Management,
Wastewater
Management,
5 Waste - - - - - - - -
Management
and Recycling,
and Remediation
Activities
6 Construction - - 1,019,155,352,779.08 - - - - -
278 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
964,273,549.48 - - - 3,789,270,539.12 7,814,976,730.40 120,247,811.46 -
452,782,606,352.61 8,984,759,452.01 - - 257,266,931,338.93 177,293,287,277.76 27,955,209,273.36 -
11,893,184,812.67 1,201,036,699.44 - - 27,280,827,815.67 1,813,592,838.88 851,272,624.99 -
- - - - - - - -
2,335,215,414,124.37 56,717,626,103.18 - 29,343,051,541,477.50 810,982,349,337.89 2,976,225,136,503.02 508,153,736,832.09 -
- - - 5,788,675,154.76 8,961,277,554.70 - - -
143,816,824,947.06 12,679,261,218.23 - - 1,067,873,670.08 116,218,508,005.37 3,642,599,299.20 3,095,815,032,793.00
10,796,302,283,646.10 332,434,177,012.01 50,226,703,872.38 29,348,840,216,632.30 7,448,113,049,073.19 11,515,605,729,794.80 1,271,015,485,762.57 3,095,815,032,793.00
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
1,371,355,442,740.04 10,705,240,839.22 - - 2,359,173,754,765.78 1,003,764,465,159.70 148,262,735,060.76 -
15,344,367,779.86 - - 2,880,168,862.51 31,203,927,816.41 483,416,997.32 -
703,999,788,100.20 45,757,222,444.29 - - 335,669,518,153.97 1,695,971,339,285.28 54,479,576,983.36 -
5,833,933,531.82 - - - 617,789,905.68 3,779,928,877.99 - -
- - - - 1,050,137,609.74 1,642,552,802.81 173,884,454.09 -
225,100,964,324.75 7,968,835,687.82 - - 51,302,551,319.56 1,006,801,298,401.94 5,642,522,908.40 -
PT Bank Pembangunan Daerah Jawa Timur Tbk 279
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Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Economic Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No Sector - from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
Conventional governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Wholesale and
Retail Trade;
Repair and
7 - - - - - - - -
Maintenance
of Car and
Motorcycle
Transportation
8 - - - - - - - -
and Warehousing
Accommodation
9 and Food - - - - - - - -
Services
Information and
10 - - - - - - - -
Communication
Financial and
11 Insurance - - - - 115,795,463,908.56
Activities
12 Real Estate - - - - - - - -
Professional,
Scientific,
13 - - - - - - - -
and Technical
Activities
Rental and
Leasing Activities
Without
Option Rights,
14 - - - - - - - -
Employment,
Travel Agents,
and Other
Business Support
Government
Administration,
15 Defense, and - - 496,349,169,100.50 - - - - -
Mandatory Social
Security
16 Education - - - - - - -
Human Health
17 and Social - - 97,725,929,576.50 - - - - -
Activities
Arts,
18 Entertainment, - - - - - - -
and Recreation
Other Service
19 - - 1,059,037,322,436.01 - - - - -
Activities
Household
Activities as
Employers;
Activities that
20 Produce Goods - - - - - - - -
and Services by
Households Used
to Meet Their
Own Needs
280 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 281
Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
4,780,711,014,567.81 177,461,818,607.37 - - 2,652,797,648,831.28 3,135,594,186,874.97 429,230,570,805.36 -
69,796,673,580.89 1,877,105,027.73 - - 26,953,852,717.55 63,639,186,032.97 5,937,967,586.40 -
354,691,877,473.50 2,422,432,962.29 - - 147,684,584,648.79 129,174,302,239.68 21,743,127,950.26 -
20,059,938,585.28 1,410,779,993.18 - - 8,342,438,838.71 17,401,415,330.30 2,022,573,181.74 -
22,750,624,485.28 - - 212,761,065,472.88 185,204,805,049.32 14,703,249,438.03 -
8,769,065,420.63 684,819,714.03 - - 5,397,347,989.96 15,946,525,505.69 982,013,477.50 -
31,570,825,009.24 2,067,001,372.32 - - 3,548,872,522.98 17,312,373,358.70 2,588,084,902.29 -
46,641,201,305.22 1,278,071,939.49 - - 30,416,904,696.81 75,617,010,021.67 5,100,838,831.50 -
- - -
21,476,396,360.00 93,744,328.17 - - 5,389,035,634.41 26,463,313,303.31 133,558,547.99 -
171,340,923,511.48 91,461,063.75 - - 19,015,132,611.48 56,045,826,886.61 1,281,068,799.95 -
964,273,549.48 - - 819,380,150.43 7,814,976,730.40 52,869,089.58 -
452,782,606,352.61 8,984,759,452.01 - - 257,223,392,371.43 177,293,287,277.76 27,955,209,273.36 -
11,466,829,000.63 1,201,036,699.44 - - 5,168,408,213.54 1,813,592,838.88 62,091,117.76 -
PT Bank Pembangunan Daerah Jawa Timur Tbk 281
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Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Economic Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No Sector - from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
Conventional governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Activities of
International
Agencies and
21 - - - - - - - -
Other Extra-
International
Agencies
22 Household - - - - - - - -
Non-Business
23 - - - - - - - -
Field
24 Others - - - - - - - -
TOTAL - - 3,496,188,566,065.13 - 115,795,463,908.56 - - -
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
ECONOMIC Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No SECTOR - from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
SHARIA governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Agriculture,
1 Forestry and - - - - - - - -
Fisheries
Mining and
2 - - - - - - - -
Excavation
3 Manufacturing - - - - - - - -
Procurement of
Electricity, Gas,
4 - - - - - - - -
Steam/Hot Water
and Cold Air
Water
Management,
Wastewater
Management,
5 Waste - - - - - - - -
Management
and Recycling,
and Remediation
Activities
6 Construction - - 173,488,789,222.93 - -
Wholesale and
Retail Trade;
Repair and
7 - - - - - - - -
Maintenance
of Car and
Motorcycle
Transportation
8 - - - - - - - -
and Warehousing
Accommodation
9 and Food - - - - - - - -
Services
Information and
10 - - - - - - - -
Communication
282 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 283
Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
- - - - - - - -
1,554,652,314,812.91 39,677,012,935.12 - 29,283,983,930,358.50 608,934,854,240.21 2,976,225,136,503.02 497,760,752,648.14 -
- - - - -
143,816,824,947.06 12,679,261,218.23 - - 1,067,873,670.08 116,218,508,005.37 3,642,599,299.20 -
10,013,125,885,438.70 314,360,604,284.46 - 29,283,983,930,358.50 6,736,214,713,227.78 10,744,927,958,302.80 1,222,238,711,352.99 -
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
- - - - 39,564,410,399.48 - 201,391,792.58 -
- - - - 5,272,285,557.22 - 2,815,230,523.25 -
88,456,189.26 - - 45,519,240,625.28 178,061,800,527.26 9,958,550,400.41 -
- - - - 3,453,261,265.71 - - -
- - - - 2,083,209,475.77 - - -
- - 26,173,304,258.87 - - 96,107,648,546.25 2,460,308,783.05 -
150,512,456.90 - - 185,057,507,617.54 2,708,175,365.53 15,133,153,074.66 -
39,455,981.91 - - - 6,102,630,991.31 99,000,000,000.00 44,100,345.34 -
- 557,759,559.49 - - 37,109,335,424.74 - 389,326,700.85 -
- - - - 774,331,005.20 - -
PT Bank Pembangunan Daerah Jawa Timur Tbk 283
Page 284
Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
ECONOMIC Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No SECTOR - from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
SHARIA governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Financial and
11 Insurance - - - - 3,958,654,383.50 - - -
Activities
12 Real Estate - - - - - - - -
Professional,
Scientific,
13 - - - - - - - -
and Technical
Activities
Rental and
Leasing Activities
Without
Option Rights,
14 - - - - - - - -
Employment,
Travel Agents,
and Other
Business Support
Government
Administration,
15 Defense, and - - - - - - - -
Mandatory Social
Security
16 Education - - - - - - - -
Human Health
17 and Social - - - - - - - -
Activities
Arts,
18 Entertainment, - - - - - - - -
and Recreation
Other Service
19 - - - - - - - -
Activities
Household
Activities as
Employers;
Activities that
20 Produce Goods - - - - - - - -
and Services by
Households Used
to Meet Their
Own Needs
Activities of
International
Agencies and
21 - - - - - - - -
Other Extra-
International
Agencies
22 Household - - - - - - - -
Non-Business
23 - - - - - - - -
Field
24 Others - - - - - - - -
TOTAL - - 173,488,789,222.93 - 3,958,654,383.50 - - -
284 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 285
Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
- - - - 15,443,205,633.04 21,112,369,458.88 2,532,621,754.29 -
- - 24,053,399,613.51 - 8,467,809,662.35 - - -
- - - - 1,640,571,321.37 - - -
- - - - 15,868,863,918.09 - 90,451,942.98 -
- - - - 124,881,859.94 - - -
- 475,200,000.00 - - 95,230,892,174.01 290,450,451,419.53 3,902,094,679.10 -
1,908,518,455.80 - - - 14,051,277,303.64 83,237,326,174.53 -
- - - - 2,969,890,388.69 - 67,378,721.88 -
- - - - 43,538,967.50 - - -
426,355,812.04 - - - 22,112,419,602.13 - 789,181,507.23 -
- - - - - - - -
780,563,099,311.47 17,040,613,168.06 - 59,067,611,119.00 202,047,495,097.68 - 10,392,984,183.95 -
- - - 5,788,675,154.76 8,961,277,554.70 - - -
- - - - - - - -
783,176,398,207.37 18,073,572,727.55 50,226,703,872.38 64,856,286,273.76 711,898,335,845.41 770,677,771,491.98 48,776,774,409.58 -
PT Bank Pembangunan Daerah Jawa Timur Tbk 285
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Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Economic Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No Sectors - Other from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
Than Credit governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Agriculture,
1 Forestry and - - - - - - - -
Fisheries
Mining and
2 - - - - - - - -
Excavation
3 Manufacturing - - - - - - - -
Procurement of
Electricity, Gas,
4 - - - - - - - -
Steam/Hot Water
and Cold Air
Water
Management,
Wastewater
Management,
5 Waste - - - - - - - -
Management
and Recycling,
and Remediation
Activities
6 Construction - - - - - - - -
Wholesale and
Retail Trade;
Repair and
7 - - - - - - - -
Maintenance
of Car and
Motorcycle
Transportation
8 - - - - - - - -
and Warehousing
Accommodation
9 and Food - - - - - - - -
Services
Information and
10 - - - - - - - -
Communication
Financial and
11 Insurance - 101,246,208,225.00 - - 3,115,487,790,373.00 - - -
Activities
12 Real Estate - - - - - - - -
Professional,
Scientific,
13 - - - - - - - -
and Technical
Activities
Rental and
Leasing Activities
Without
Option Rights,
14 - - - - - - - -
Employment,
Travel Agents,
and Other
Business Support
Government
Administration,
15 Defense, and 30,324,616,266,810.00 - - - - - - -
Mandatory Social
Security
16 Education - - - - - - - -
Human Health
17 and Social - - - - - - - -
Activities
286 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 287
Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank Pembangunan Daerah Jawa Timur Tbk 287
Page 288
Management Discussion and Analysis
04 on Bank Performance
Receivables Receivables
Receivables
from in the form
from
"Receivables from Securities of Securities/
Economic Receivables Multilateral Receivables
the Receivables from Receivables from Companies Subordinated
No Sectors - Other from foreign Development of a Covered
Indonesian Public Sector Entities Banks and Other Receivables,
Than Credit governments Banks and Bond
Government" Financial Equity and
International
Services Other Capital
Institutions
Institutions Instruments
Arts,
18 Entertainment, - - - - - - - -
and Recreation
Other Service
19 - - - - - - - -
Activities
Household
Activities as
Employers;
Activities that
20 Produce Goods - - - - - - - -
and Services by
Households Used
to Meet Their
Own Needs
Activities of
International
Agencies and
21 - - - - - - - -
Other Extra-
International
Agencies
22 Household - - - - - - - -
Non-Business
23 - - - - - - - -
Field
24 Others - - - - - - - -
TOTAL 30,324,616,266,810.00 101,246,208,225.00 - - 3,115,487,790,373.00 - - -
Table of Disclosure on Receivables by Days Past Due – Bank (Individual) as of December 31, 2025
December 31, 2025 December 31, 2024
Type of Receivables by Days Past Due Receivables by Days Past Due
No
Exposure
> 90 days > 120 days > 90 days > 120 days
> 180 days Total > 180 days Total
to 120 days to 180 days to 120 days to 180 days
Loans Classified as
1 165,192.15 224,618.44 2,202,956.53 2,592,767.12 97,412.88 138,102.63 1,128,307.93 1,363,823.44
Past Due
Securities Classified
2 - - - - - - - -
as Past Due
Total 165,192.15 224,618.44 2,202,956.53 2,592,767.12 97,412.88 138,102.63 1,128,307.93 1,363,823.44
288 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 289
Annual Report
2025
Loan for Land
Commercial Receivables from
Acquisition, Land Employee/Retiree Corporate Matured
House-backed Loan Property-backed MSE and Retail Other Assets
Management Loan Receivables Receivables
Loan Portfolio
and Construction
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank Pembangunan Daerah Jawa Timur Tbk 289
Page 290
Management Discussion and Analysis
04 on Bank Performance
Table of Disclosure on Performing and Non-Performing Restructured Assets – Bank (Individual) as of December 31, 2025
Performing Non Performing (Substandard,
(Current and Special Mention) Doubtful, and Loss)
Carrying Amount Carrying Amount
Description
Gross Allowance for Gross Allowance for
Carrying Impairment Carrying Impairment
Amount Losses Amount Losses
Securities 18,192,737.62 234.51
Loans 3,869,513.54 805,638.39 222,566.88 78,417.10
a. Corporation 3,029,825.74 635,762.22 - -
b. Retail 477,672.44 106,997.10 142,345.56 53,178.31
Administrative Account Transactions - - - -
Quantitative Disclosure on Credit Risk Mitigation Techniques
Table of Quantitative Disclosure on Credit Risk Mitigation Techniques – Bank (Individual) as of December 31, 2025
Unsecured Secured Exposures
Exposures
Exposures Exposures Exposures Secured by
Secured
Description (without Credit (with Credit Secured by Guarantees
by Credit
Risk Mitigation Risk Mitigation Collateral and/ or Credit
Derivatives
Techniques) Techniques) Insurance
1. Loans 2,517,204.38 62,059,203.15 62,059,203.15 - -
2. Securities 18,192,503.11 - - - -
3. Total 20,709,707.49 62,059,203.15 62,059,203.15 - -
Matured Loans and Securities 1,293,656.09 1,750.96 1,750.96 - -
Table of Quantitative Disclosure on Credit Risk Mitigation Techniques – Bank (Consolidated with Subsidiaries) as of December
31, 2025
Unsecured Secured Exposures
Exposures
Exposures Exposures Exposures Secured by
Secured
Description (without Credit (with Credit Secured by Guarantees
by Credit
Risk Mitigation Risk Mitigation Collateral and/ or Credit
Derivatives
Techniques) Techniques) Insurance
1. Loans 109,567,750.81 934,869.13 934,869.13 - -
2. Securities 24,564,770.92 - - -
3. Total 134,132,521.73 934,869.13 934,869.13 - -
Matured Loans and Securities 3,423,975.64 1,781.40 1,781.40 - -
290 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Stage 1 Stage 2 Stage 3
Allowance for
Impairment
Carrying Amount Carrying Amount Carrying Amount Losses
(CKPN)
on Sharia
Gross Allowance for Gross Allowance for Gross Allowance for Exposures
Carrying Impairment Carrying Impairment Carrying Impairment
Amount Losses Amount Losses Amount Losses
990,244.24 11,324.11 13,939.03 1,373.39 2,822,366.36 866,724.49 4,633.49
959,796.41 10,942.41 - - 1,872,351.00 622,843.02 1,976.78
23,387.94 308.30 11,620.46 1,206.09 564,104.33 158,050.04 610.98
- - - - - - -
Quantitative Disclosure RWA for Credit Risk Mitigation Techniques
Table of Quantitative Disclosure on RWA for Credit Risk Mitigation Techniques – Bank (Individual) as of December 31, 2025
Net Exposures Before Net Exposures After
Application of Credit Application of Credit RWA and Average
Conversion Factors and Credit Conversion Factors and Credit Risk Weight
Risk Mitigation Techniques Risk Mitigation Techniques
No. Portfolio Category
Statement Administrative Statement Administrative
Average Risk
of Financial Account of Financial Account RWA
Weight
Position Transactions Position Transactions
a b c d e f = (e/(c+d))
1. Receivables from the Government 30,425,862.00 - 101,246.00 - 101,246.00 100.00%
Receivables from Public Sector
2. 174,948.00 1,395.00 87,474.00 697.50 88,171.50 100.00%
Entities
Receivables from Multilateral
3. Development Banks and - - - - 0.00%
International Institutions
4. Receivables from Banks 3,119,967.00 3,209.00 768,834.90 641.80 769,034.90 99.94%
5. Receivables of a Covered Bond - - - - 0.00%
Receivables from Securities
6. Companies and Other Financial - - - - 0.00%
Services Institutions
Receivables in the form of
Securities/Subordinated
7. - - - - 0.00%
Receivables, Equity and Other
Capital Instruments
8. House-backed Loan 2,275,739.00 226.00 1,311,864.75 155.70 1,312,020.45 100.00%
Residential Property-Backed
Loans where Repayment Does Not
2,275,739.00 226.00 1,311,864.75 155.70 1,312,020.45 100.00%
Materially Depend on Property Cash
Flows
Residential Property-Backed
Loans where Repayment Materially - - - - - 0.00%
Depends on Property Cash Flows
PT Bank Pembangunan Daerah Jawa Timur Tbk 291
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Management Discussion and Analysis
04 on Bank Performance
Net Exposures Before Net Exposures After
Application of Credit Application of Credit RWA and Average
Conversion Factors and Credit Conversion Factors and Credit Risk Weight
Risk Mitigation Techniques Risk Mitigation Techniques
No. Portfolio Category
Statement Administrative Statement Administrative
Average Risk
of Financial Account of Financial Account RWA
Weight
Position Transactions Position Transactions
a b c d e f = (e/(c+d))
9. Commercial Property-backed Loan 18,008.00 13.00 12,877.45 7.80 12,885.25 100.00%
Commercial Property-Backed
Loans where Repayment Does Not
18,008.00 13.00 12,877.45 7.80 12,885.25 100.00%
Materially Depend on Property Cash
Flows
Commercial Property-Backed
Loans where Repayment Materially - - - - - 0.00%
Depends on Property Cash Flows
Loan for Land Acquisition, Land
10. 47,989.00 31,113.00 47,989.00 31,113.00 79,102.00 100.00%
Management and Construction
11. Employee/Retiree Loan 29,835,461.00 1,245.00 14,912,136.00 622.50 14,912,136.00 100.00%
Receivables from MSE and Retail
12. 14,767,120.00 398,858.00 6,577,553.70 179,486.10 6,689,389.50 99.00%
Portfolio
13. Corporate Receivables 17,834,220.00 4,159,368.00 14,858,110.85 3,747,583.95 18,219,625.85 97.92%
14. Matured Receivables 1,295,407.00 9,631.00 1,293,656.00 9,631.00 1,303,257.00 100.00%
15. Other Assets 3,095,815.00 - - - 3,095,815.00 0.00%
Total 105,184,283.00 4,605,297.00 41,296,484.85 3,970,102.85 47,907,589.15 105.83%
Table of Quantitative Disclosure on RWA for Credit Risk Mitigation Techniques – Bank (Consolidated with Subsidiaries)
as of December 31, 2025
Net Exposures Before Net Exposures After
Application of Credit Application of Credit RWA and Average
Conversion Factors and Credit Conversion Factors and Credit Risk Weight
Risk Mitigation Techniques Risk Mitigation Techniques
No. Portfolio Category
Statement Administrative Statement Administrative
Average Risk
of Financial Account of Financial Account RWA
Weight
Position Transactions Position Transactions
a b c d e f = (e/(c+d))
1. Receivables from the Government 42,064,016.00 - 101,246.00 101,246.00 100.00%
Receivables from Public Sector
2. 454,354.00 33,261.00 227,177.00 16,630.50 243,807.50 100.00%
Entities
Receivables from Multilateral
3. Development Banks and 377.00 - 188.50 188.50 100.00%
International Institutions
4. Receivables from Banks 8,855,847.00 8,548.00 2,787,889.70 1,709.60 2,766,759.41 99.18%
5. Receivables of a Covered Bond - - - - 0.00%
Receivables from Securities
6. Companies and Other Financial 16.99 - 3.40 - 3.40 100.00%
Services Institutions
Receivables in the form of
Securities/Subordinated
7. - - - - 0.00%
Receivables, Equity and Other
Capital Instruments
8. House-backed Loan 3,274,684.00 3,948.00 1,781,483.30 900.10 1,782,383.40 100.00%
Residential Property-Backed
Loans where Repayment Does Not
3,274,684.00 3,948.00 1,781,483.30 900.10 0.00%
Materially Depend on Property Cash
Flows
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Net Exposures Before Net Exposures After
Application of Credit Application of Credit RWA and Average
Conversion Factors and Credit Conversion Factors and Credit Risk Weight
Risk Mitigation Techniques Risk Mitigation Techniques
No. Portfolio Category
Statement Administrative Statement Administrative
Average Risk
of Financial Account of Financial Account RWA
Weight
Position Transactions Position Transactions
a b c d e f = (e/(c+d))
Residential Property-Backed
Loans where Repayment Materially 0.00%
Depends on Property Cash Flows
9. Commercial Property-backed Loan 112,051.00 9,658.00 71,017.40 6,298.05 76,715.45 99.22%
Commercial Property-Backed
Loans where Repayment Does Not
112,051.00 9,658.00 70,417.40 6,298.05 0.00%
Materially Depend on Property Cash
Flows
Commercial Property-Backed
Loans where Repayment Materially 0.00%
Depends on Property Cash Flows
Loan for Land Acquisition, Land
10. 47,989.00 31,113.00 47,989.00 31,113.00 79,102.00 100.00%
Management and Construction
11. Employee/Retiree Loan 65,916,190.00 2,187.00 32,958,095.00 1,093.50 32,949,965.50 99.97%
Receivables from MSE and Retail
12. 17,747,894.00 623,681.00 7,986,552.30 280,656.45 8,108,419.95 98.08%
Portfolio
13. Corporate Receivables 19,165,706.00 4,458,207.00 16,551,908.65 4,023,270.30 19,223,266.85 93.43%
14. Matured Receivables 1,570,700.00 11,325.00 1,570,700.00 11,325.00 1,581,965.00 100.00%
15. Other Assets 4,094,734.00 - - - 4,094,734.00 0.00%
Total 166,691,293.99 5,195,534.00 65,936,150.95 4,380,194.65 71,008,556.96 100.98%
Disclosure of Exposures by Asset Class and Risk Weight
Table of Disclosure on Exposures by Asset Class and Risk Weight – Bank (Individual) as of December 31, 2025
Net Exposures After Credit
Portfolio
0% 20% 50% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Receivables from
30,324,616.00 - - 101,246.00 - - 101,246.00
the Government
Portfolio Net Exposures After Credit Conversion Factors
20% 50% 100% 150% Other
Category and Credit Risk Mitigation Techniques
Receivables from
Public Sector - 174,948.00 - - - 87,474.00
Entities
Net Exposures After Credit
Portfolio
0% 20% 30% 50% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Receivables
from Multilateral
Development
- - - - - - - -
Banks and
International
Institutions
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Management Discussion and Analysis
04 on Bank Performance
Net Exposures After Credit
Portfolio Conversion Factors and
0% 20% 30% 40% 50% 100% 150% Other
Category Credit Risk Mitigation
Techniques
Receivables from
- 2,087,777.00 614,883.00 417,307.00 - - - - 768,943.10
Banks
Receivables
from Securities
Companies and
- - - - - - - - -
Other Financial
Services
Institutions
Net Exposures After Credit
Portfolio
10% 15% 20% 25% 35% 50% 100% Other Conversion Factors and Credit Risk
Category
Mitigation Techniques
Receivables of a
- - - - - - - - -
Covered Bond
Net Exposures After
Credit Conversion
Portfolio
20% 25% 30% 40% 50% 70% 100% 150% Other Factors and Credit
Category
Risk Mitigation
Techniques
Commercial
Property-backed 339,908.00 11,649.00 125,725.00 124,899.00 90,984.00 1,582,574.00 - - - 1,311,864.75
Loan
Materially
dependent on
- - - - - - - - - -
property cash
flows
Materially
dependent on
property cash
flows – retail/
- - - - - - - - - -
individual debtors
with currency
mismatch
exposure
Not materially
dependent on
339,908.00 11,649.00 125,725.00 124,899.00 90,984.00 1,582,574.00 1,311,864.75
property cash
flows
Not materially
dependent on
property cash
flows – retail/
- - - - - - - - - -
individual debtors
with currency
mismatch
exposure
Net Exposures After Credit
Portfolio
20% 50% 60% 75% 85% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Commercial
Property-backed - - 4,507.00 13,026.00 475.00 - - - 12,877.45
Loan
Materially
dependent on
- - - - - - - - -
property cash
flows
Not materially
dependent on
- - 4,507.00 13,026.00 475.00 - - - 12,877.45
property cash
flows
Does not meet
the requirements
(risk weight - - - - - - - - -
applied based on
counterparty)
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Annual Report
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Net Exposures After Credit
Portfolio
20% 50% 75% 85% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Loan for Land
Acquisition, Land
- - - - 47,989.00 - - 47,989.00
Management and
Construction
Net Exposures After Credit Conversion Factors and
Portfolio Category 50% Other
Credit Risk Mitigation Techniques
Employee/Retiree Loan 29,835,461.00 - 14,912,136.00
Net Exposures After Credit
Portfolio
45% 67.5% 75% 85% 100% 112,5% 150% Other Conversion Factors and Credit Risk
Category
Mitigation Techniques
Receivables from
MSE and Retail 14,767,120.00 - - - - - - - 6,577,553.70
Portfolio
Net Exposures After Credit
Portfolio Conversion Factors and
20% 50% 75% 85% 100% 130% 150% Other
Category Credit Risk Mitigation
Techniques
Corporate
1,616,765.03 - - 8,644,188.00 7,573,267.00 - - - 14,858,110.86
Receivables
Receivables
from Corporates
- - - - - - - - -
– Specialized
Lending
Portfolio Net Exposures After Credit Conversion Factors and Credit Risk
50% 100% 150% Other
Category Mitigation Techniques
Matured
- 687,634.00 - - 687,604.00
Receivables
Portfolio Net Exposures After Credit Conversion Factors and
0% 50% 100% Other
Category Credit Risk Mitigation Techniques
Other Assets - - 3,095,815.00 - 3,095,815.00
Table of Disclosure on Exposures by Asset Class and Risk Weight – Bank (Consolidated with Subsidiaries)
as of December 31, 2025
Net Exposures After Credit
Portfolio
0% 20% 50% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Receivables from
41,962,770.00 - - 101,246.00 - - 101,246.00
the Government
Net Exposures After Credit
Portfolio
20% 50% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Receivables from
Public Sector - 454,354.00 - - - 227,177.00
Entities
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Management Discussion and Analysis
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Portfolio Net Exposures After Credit Conversion Factors and
0% 20% 30% 50% 100% 150% Other
Category Credit Risk Mitigation Techniques
Receivables
from Multilateral
Development
- - - 377.00 - - - 188.50
Banks and
International
Institutions
Net Exposures After Credit
Portfolio
0% 20% 30% 40% 50% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Receivables from
- 3,464,826.00 614,883.00 4,776,134.00 - - - - 2,765,491.70
Banks
Receivables
from Securities
Companies and
- - - - - - - - -
Other Financial
Services
Institutions
Net Exposures After Credit
Portfolio
10% 15% 20% 25% 35% 50% 100% Other Conversion Factors and Credit Risk
Category
Mitigation Techniques
Receivables of a
- - - - - - - - -
Covered Bond
Net Exposures After
Credit Conversion
Portfolio
20% 25% 30% 40% 50% 70% 100% 150% Other Factors and Credit
Category
Risk Mitigation
Techniques
Commercial
Property-backed 590,089.00 13,818.00 223,605.00 241,431.00 238,308.00 1,967,433.00 - - - 1,781,483.30
Loan
Materially
dependent on
- - - - - - - - - -
property cash
flows
Materially
dependent on
property cash
flows – retail/
- - - - - - - - - -
individual debtors
with currency
mismatch
exposure
Not materially
dependent on
590,089.00 13,818.00 223,605.00 241,431.00 238,308.00 1,967,433.00 - - - 1,781,483.30
property cash
flows
Not materially
dependent on
property cash
flows – retail/
- - - - - - - - - -
individual debtors
with currency
mismatch
exposure
Net Exposures After Credit
Portfolio
20% 50% 60% 75% 85% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Commercial
Property-backed - - 88,085.00 22,047.00 1,919.00 - - - 70,417.40
Loan
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2025
Net Exposures After Credit
Portfolio
20% 50% 60% 75% 85% 100% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Materially
dependent on
- - - - - - - - -
property cash
flows
Not materially
dependent on
- - 88,085.00 22,047.00 1,919.00 - - - 70,417.40
property cash
flows
Does not meet
the requirements
(risk weight - - - - - - - - -
applied based on
counterparty)
Portfolio Net Exposures After Credit Conversion Factors
20% 50% 75% 85% 100% 150% Other
Category and Credit Risk Mitigation Techniques
Loan for Land
Acquisition, Land
- - - - 47,989.00 - - 47,989.00
Management and
Construction
Net Exposures After Credit Conversion Factors and
Portfolio Category 50% Other
Credit Risk Mitigation Techniques
Employee/Retiree Loan 65,916,190.00 - 32,949,965.50
Net Exposures After Credit
Portfolio
45% 67.5% 75% 85% 100% 112,5% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Receivables from
MSE and Retail 17,747,894.00 - - - - - - - 7,908,345.90
Portfolio
Net Exposures After Credit
Portfolio
20% 50% 75% 85% 100% 130% 150% Other Conversion Factors and Credit
Category
Risk Mitigation Techniques
Corporate
1,616,765.00 - - 8,802,569.00 8,746,372.00 - - - 15,875,952.60
Receivables
Receivables
from Corporates
- - - - - - - - -
– Specialized
Lending
Portfolio Net Exposures After Credit Conversion Factors and Credit
50% 100% 150% Other
Category Risk Mitigation Techniques
Matured
- 1,570,700.00 - - 1,570,670.00
Receivables
Portfolio Net Exposures After Credit Conversion Factors
0% 50% 100% Other
Category and Credit Risk Mitigation Techniques
Other Assets - - 4,094,734.00 - 4,094,734.00
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Management Discussion and Analysis
04 on Bank Performance
Market Risk Exposure
Market Risk Disclosure with Standard Method
The Bank periodically calculates its Capital Adequacy Ratio (CAR) using standard methods, which are reported monthly to the
Financial Services Authority (OJK). Consolidated positions with subsidiaries are reported quarterly. This reporting is conducted to
improve the quality and quantity of the Bank’s capital, enabling it to absorb potential losses from financial and economic crises.
Table of Market Risk Disclosure using the Standard Method
(in IDR million)
December 31, 2025
No Risk Type Bank Consolidation *)
Capital Cost RWA Capital Cost RWA
(1) (2) (3) (4) (5) (6)
1 Interest Rate Risk - - - -
a. Specific Risk - - - -
b. General Risk - - - -
2 Foreign Exchange Risk 31,252.00 391,597.00 28,626.01 358,772.13
3 Equity Risk - - - -
4 Commodity Risk - - - -
Total 31,252.00 391,597.00 28,626.01 358,772.13
Note:
*) Consolidation: Subsidiary Entity has no trading transactions yet
Disclosure of Interest Rate Risk in Banking Book (IRRBB) Exposure
Interest Rate Risk in the Banking Book is the risk from interest rate movements in the market that are contrary to the Banking Book
position that has the potential to impact the Bank’s capital and income both now and in the future.
In accordance with OJK Circular Letter No. 12/SEOJK.03/2018 concerning the Implementation of Risk Management and Risk
Measurement of the Standard Approach for Interest Rate Risk in the Banking Book for Commercial Banks, the Bank uses 2 (two)
methods in measuring IRRBB Risk as follows:
1. Measurement based on changes in the economic value of equity, which abbreviated as EVE, is a method that measures the
impact of changes in interest rates on the economic value of the Bank’s equity; and
2. Measurement based on changes in net interest income, abbreviated as NII, a method that measures the impact of changes in
interest rates on the bank’s net interest income.
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Based on the calculation results as of the end of December 2025, the impact of changes in interest rates on the economic value of
equity and net interest income is as follows:
Table of Interest Rate Risk Exposure in Banking Book (IRRBB) Disclosure - Bank Individually
(in IDR million)
∆ EVE ∆ NII
Period
December 2025 December 2024 December 2025 December 2024
(2) (3) (4) (5) (6)
Parallel Up 936,888 (1,476,928) 615,245 (398,188)
Parallel Down (1,646,022) 1,471,415 (767,404) 390,531
Steepener (1,321,310) (736,749) - -
Flattener 801,353 179,414 - -
Short rate up 925,823 (406,374) - -
Short rate down (847,073) 480,027 - -
Negative Maximum Value (absolute) 936,888 1,471,415 767,404 398,188
Tier-1 Capital (for ∆ EVE) or Projected Income
12,839,837 11,019,791 6,541,593 6,174,579
(for ∆ NII)
Maximum Value divided by Tier-1 Capital or
7.30% 13.35% 11.73% 6.45%
Projected Income
Qualitative Analysis
IRRBB for measuring and controlling bank risk, is defined as the risk resulting from interest rate movements in the market that are contrary
1
to the Banking Book position, which has the potential to impact capital and profitability.
The IRRBB value in the current bank reporting period is still within the OJK threshold. The Risk Management and risk mitigation strategies
for IRRBB are:
2 a. The Bank evaluates the composition and structure of portfolios exposed to interest rate risk for both Rate Sensitive Asset (RSA) and Rate
Sensitive Liability (RSL) portfolios, and regulates the RSA and RSL to be more proportional.
b. Evaluates and applies interest rate patterns to each portfolio, both RSA and RSL, or changes the pricing structure in ALCO.
The Bank’s IRRBB calculation period is every quarter.
The specific measurements used by the Bank in calculating IRRBB using the EVE and NII methods are:
a. CASA Non LPS is included in the Over Night time bucket. While CASA LPS multiplied by Core Deposit and Non Core Deposit is classified into
3 time bucket 4; 4.5 and 5 years based on Transactional and Non Transactional. CASA LPS slotting is also adjusted to the behavior of each
type of CASA portfolio.
b. The Bank disburses cash from the RSA component.
c. The Bank adds up the principal and interest cash flow which is then shocked based on the predetermined scenario.
PIRRBB calculation uses the EVE and NII methods in accordance with the interest rate shock scenario and stress scenario set by OJK. The
shock scenarios carried out are:
a. Paralel up
b. Paralel down
4 c. Steppener
d. Flattener
e. Short Up
f. Short Down
While for NII only 2 (two) shock scenarios are carried out, namely Parallel Up and Parallel Down.
The Bank uses the modeling assumptions used in the IRRBB calculation report with a standard approach, namely for CPR, TDRR, NMD
5
Behavior in accordance with the agreed internal model. CPR and TDRR modeling, as attached.
6 Banks have not implemented Hedging in banking activities.
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Management Discussion and Analysis
04 on Bank Performance
Qualitative Analysis
Comprehensive explanation of the main assumptions of modeling and parametric used in calculating ∆EVE and ∆NII, at least contains:
a. The Bank uses Risk Free Rate in the calculation with the EVE method, namely the interest rate of Government Securities per term. During
the period 2003 to the applicable reporting period sourced from Bloomberg and IBPA.
b. Determining the Behavior of Non Maturity Deposit (NMD) based on the behavior of maturity and interest rates in accordance with the
categories determined by the OJK. Where by calculating non-core - core deposits with the behavior of savings stability, which is combined
with the movement of realized interest rates and market interest rates. Then estimating the sensitivity level of real deposit rates to the
7 JIBOR interest rate.
c. The methodology used to estimate the prepayment rate of loans and/or early withdrawal rates for time deposits and other significant
assumptions, is in accordance with the attached documents, namely: TDRR and CPR modeling.
d. The Bank has not/did not prepare other assumptions, including instruments with behavioral options that have been removed from the
calculation, which have a material impact on ∆ EVE and ∆ NII in the IRRBB calculation report using the standard approach.
e. The Bank has not/did not prepare a methodology for cross-currency aggregation and significant cross-currency interest rate correlations,
because there are no foreign currencies that have significant value (more than 5%).
Quantitative Analysis
As of December 2025, there are differences in both Economic Value of Equity (EVE) and Net Interest Income (NII) compared to the previous
reporting period (September 2025). In December 2025, the EVE impact stood at 7.30%, reflecting an increase of 2.06% from 5.24% recorded
in September 2025. This ratio remains within the applicable threshold, where the regulatory limit set by Bank Indonesia (BI) and the Financial
1 Services Authority (OJK) is a maximum of 15%, while the internal soft limit established by the Bank is 14.5%. A lower ratio indicates a lower
potential exposure to interest rate risk. Meanwhile, the NII in December 2025 was recorded at 11.73%, increasing by 8.43% from 3.30% in
September 2025. This increase indicates a higher sensitivity of the Bank’s economic value to changes in interest rates compared to the
previous period; however, it remains within the defined threshold. The internal soft limit set by the Bank for NII is a maximum of 14%.
On a quarterly basis, from September 2025 to December 2025, both the EVE ratio and NII ratio increased due to the following factors:
a. The R-Current position continued to reflect a downward trend in interest rates for short-term tenors and an upward trend in interest rates
for long-term tenors.
2
b. Rate Sensitive Assets (RSA) decreased by 10.92% from September 2025 to December 2025, while Rate Sensitive Liabilities (RSL) declined
by 5.66% over the same period. The decrease in RSA was primarily driven by short-term tenor assets amounting to IDR6.76 trillion, whereas
the reduction in RSL was mainly attributable to short-term tenor liabilities amounting to IDR6 trillion.
The average repricing maturity applied to Non-Maturity Deposits (NMDs) ranges from short-term tenors, starting from overnight, up to five
3
(5) years, in accordance with the respective categories established by the Financial Services Authority (OJK).
Table of Interest Rate Risk Exposure in Banking Book (IRRBB) Disclosure - Bank on a Consolidated Basis with Subsidiaries
(in IDR millions)
∆ EVE ∆ NII
Period
December 2025 December 2024 December 2025 December 2024
(2) (3) (4) (5) (6)
Parallel Up 2,185,298 1,971,561 582,031 (626,764)
Parallel Down (3,212,646) (2,923,594) (779,260) 597,466
Steepener (883,371) 483,030 - -
Flattener 646,360 (263,267) - -
Short rate up 1,422,445 891,580 - -
Short rate down (1,354,481) (889,022) - -
Negative Maximum Value (absolute) 2,185,298 1,971,561 779,260 626,764
Tier-1 Capital (for ∆ EVE) or Projected Income
14,785,182 13,878,204 7,380,988 6,383,943
(for ∆ NII)
Maximum Value divided by Tier-1 Capital or
14.78% 14.21% 10.56% 9.82%
Projected Income
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Qualitative Analysis
IRRBB, for the measurement and control of Bank Risk, is defined as the risk resulting from movements in market interest rates that are
1
contrary to the Banking Book position, potentially impacting capital and profitability.
The IRRBB value in the Bank’s current reporting period remains within the OJK threshold. Risk management and mitigation strategies for
IRRBB include:
a. The Bank evaluates the composition and structure of portfolios exposed to interest rate risk for both Rate Sensitive Asset (RSA) and Rate
2
Sensitive Liability (RSL) portfolios, and adjusts RSA and RSL to be more proportionate.
b. The Bank evaluates and applies interest rate patterns to each of the existing RSA and RSL portfolios or adjusts the pricing structure
through ALCO.
The Bank’s IRRBB calculation period is conducted on a quarterly basis.
The specific measurement methods used by the Bank to calculate IRRBB—using both the EVE and NII approaches—are as follows:
a. CASA Non-LPS is classified in the overnight time bucket. Meanwhile, CASA LPS, multiplied by Core Deposit and Non-Core Deposit ratios,
3 is categroized into the 4, 4.5, and 5-year time buckets based on Transactional and Non-Transactional classifications. CASA LPS slotting is
also adjusted based on the behavioral characteristics of each CASA portfolio type.
b. The Bank releases cash from the RSA component.
c. The Bank aggregates the principal and interest cash flows on which the shock is applied based on predetermined scenarios.
The calculation of IRRBB uses the EVE and NII methods in accordance with the interest rate shock and stress scenarios determined by OJK.
The shock scenarios applied are as follows:
a. Paralel up
b. Paralel down
4 c. Steppener
d. Flattener
e. Short Up
f. Short Down
For NII, however, only two (2) shock scenarios are applied—namely, Parallel Up and Parallel Down.
The Bank uses modeling assumptions in the IRRBB calculation report based on the standard approach, specifically for CPR, TDRR, and NMD
5
Behavior, in accordance with the internally approved model. The modeling of CPR and TDRR is provided in the attachments.
6 The Bank has not yet implemented hedging in its activities.
A comprehensive explanation of the main modeling and parametric assumptions used in calculating ∆EVE and ∆NII includes at least the
following:
a. The Bank uses the Risk-Free Rate in EVE calculations, which refers to the government securities interest rate for each time period. Data
from 2003 to the current reporting period is sourced from Bloomberg and IBPA.
b. The behavior of Non-Maturity Deposits (NMDs) is determined based on maturity patterns and interest rate behavior, in accordance with the
categories set by OJK. This involves calculating core and non-core deposits using deposit stability behavior, combined with observed and
7 market interest rate movements. The Bank then estimates the sensitivity of real deposit rates to JIBOR interest rate movements.
c. The methodology used to estimate loan prepayment rates and/or early withdrawal rates for time deposits, along with other significant
assumptions, is detailed in the attached documents, which are specifically the TDRR and CPR models.
d. The Bank has not prepared additional assumptions, including instruments with behavioral options that have been excluded from the
calculation, which have a material impact on ∆EVE and ∆NII in the IRRBB calculation report under the standardized approach.
e. The Bank has not prepared a methodology for aggregating across currencies or correlating interest rates between significant currencies,
as there are no foreign currencies with a significant value (exceeding 5%).
Quantitative Analysis
As of December 2025, there are differences in both the Economic Value of Equity (EVE) and Net Interest Income (NII) compared to the
previous reporting period in September 2025, where the EVE impact increased to 14.78%, up by 7.09% from 7.69% in September 2025, while
remaining within the regulatory threshold set by Bank Indonesia (BI) and the Financial Services Authority (OJK) at a maximum of 15%, with a
1
lower ratio indicating lower interest rate risk exposure; meanwhile, the NII for December 2025 increased to 10.56%, up by 6.61% from 3.95%
in September 2025, reflecting an increase in the sensitivity of the Bank’s net interest income to interest rate movements compared to the
previous period, although it remains within the applicable threshold.
On a consolidated basis, the EVE and NII ratios changed during the September–December 2025 quarter. These changes were influenced by
R-Current conditions, which continued to reflect a downward trend in short-term interest rates and an upward trend in long-term interest
2 rates. The current consolidated calculation indicates a slightly higher estimation of interest rate risk exposure compared to the standalone
calculation of the parent bank, reflecting the collaborative structure within the banking group. Nevertheless, both the consolidated EVE and
NII ratios of the banking group remain within the established risk tolerance limits.
The average repricing maturity applied to Non-Maturity Deposits (NMDs) ranges from short-term tenors starting at overnight up to five (5)
3
years, in accordance with the respective categories established by the Financial Services Authority (OJK).
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Management Discussion and Analysis
04 on Bank Performance
Liquidity Risk Exposure
In order to improve liquidity resilience, the Bank periodically carries out risk management by measuring short-term liquidity
adequacy using the Liquidity Coverage Ratio (LCR) and long-term liquidity adequacy using the Net Stable Funding Ratio (NSFR). The
Bank manages both the LCR and NSFR ratios above the 100% minimum on both individual and consolidated levels in accordance
with regulatory requirements.
Table of Liquidity Coverage Ratio Disclosure
Consolidated
Fourth Quarter 2025 Third Quarter 2025
HQLA value HQLA value
after haircut, after haircut,
No Components or Outstanding or Outstanding
Outstanding liabilities and Outstanding liabilities and
liabilities and commitments liabilities and commitments
commitments multiplied by run- commitments multiplied by run-
/ Contractual off rate, or / Contractual off rate, or
invoice value Contractual invoice value Contractual
invoice value invoice value
multiplied by multiplied by
inflow rate inflow rate
Number of Data Points Used in LCR
1 3 Months 3 Months
Calculation
HIGH-QUALITY LIQUID ASSETS
2 Total high-quality liquid assets (HQLA) 40,569,083 33,986,485
ARUS KAS KELUAR (CASH OUTFLOWS)
Individual customer deposits and
3 funding from Micro and Small 46,981,210 2,688,027 50,442,232 3,087,957
Enterprise customers, consisting of:
a. Stable deposits/ funding 39,353,422 1,967,671 39,125,331 1,956,267
b. Less stable deposits/ funding 7,627,788 720,355 11,316,901 1,131,690
Funding derived from corporate
4 44,181,742 17,447,537 40,492,720 17,153,626
customers, consisting of:
a. Operational deposits 23,560,468 5,607,239 19,261,767 4,486,790
b. Non-operational deposits and/or
20,621,273 11,840,298 21,230,952 12,666,835
other non- operational liabilities
5 Secured funding - -
6 Additional requirements, consisting of: 5,961,225 1,190,853 7,322,578 3,360,674
a. Cash outflows from derivative
- - - -
transactions
b. Cash outflows due to increased
- - - -
liquidity requirements
c. Cash outflows resulting from loss of
- - - -
funding
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(in IDR millions)
Individual
Fourth Quarter 2025 Third Quarter 2025
HQLA value after haircut, HQLA value after haircut,
or Outstanding liabilities or Outstanding liabilities
Outstanding liabilities Outstanding liabilities
and commitments and commitments
and commitments and commitments
multiplied by run-off rate, multiplied by run-off rate,
/ Contractual invoice / Contractual invoice
or Contractual invoice or Contractual invoice
value value
value multiplied by inflow value multiplied by inflow
rate rate
3 Months 3 Months
29,729,981 32,415,072
40,502,169 2,364,449 34,880,790 1,838,640
33,715,363 1,685,768 32,988,773 1,649,439
6,786,806 678,681 1,892,017 189,202
28,624,419 11,042,143 40,190,222 16,834,652
17,829,031 4,266,781 17,119,424 4,140,141
10,795,388 6,775,362 23,070,798 12,694,511
- -
6,935,828 2,067,133 4,820,296 140,288
- - - -
- - - -
- - - -
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Consolidated
Fourth Quarter 2025 Third Quarter 2025
HQLA value HQLA value
after haircut, after haircut,
No Components or Outstanding or Outstanding
Outstanding liabilities and Outstanding liabilities and
liabilities and commitments liabilities and commitments
commitments multiplied by run- commitments multiplied by run-
/ Contractual off rate, or / Contractual off rate, or
invoice value Contractual invoice value Contractual
invoice value invoice value
multiplied by multiplied by
inflow rate inflow rate
d. Cash outflows from the withdrawal of
534,783 211,789 147,115 38,326
committed credit and liquidity facilities
e. Cash outflows related to other
contractual obligations in fund 54,586 54,586 3,269,692 3,269,692
distribution
f. Cash outflows from other contingent
4,478,050 30,672 3,861,821 8,706
funding liabilities
g. Other contractual cash outflows 893,806 893,806 43,951 43,951
7 TOTAL CASH OUTFLOWS 21,326,417 23,602,257
CASH INFLOWS
8 Secured lending 6,491,042 - 6,186,576 -
9 Inflows from fully performing exposures 4,363,954 3,071,480 3,057,630 1,411,790
10 Other cash inflows 28,471 14,236 9,553 4,776
11 TOTAL CASH INFLOWS 10,883,467 3,085,715 9,253,759 1,416,566
12 TOTAL HQLA 40,569,083 33,986,485
13 TOTAL NET CASH OUTFLOWS 18,240,701 22,185,690
14 LIQUIDITY COVERAGE RATIO (%) 222,41% 153,19%
CALCULATION ANALYSIS
The Quarterly LCR as of December 2025 was recorded at 222.41%, representing an increase of 69.22% compared to 153.19% as of the Quarterly
LCR position in September 2025. The increase was primarily driven by a 19.37% (qtq) rise in the average HQLA, which was higher than the 17.78%
(qtq) decline in the average Net Cash Outflows.
The Individual Bank Quarterly LCR as of December 2025 was recorded at 212%, representing an increase of 29.62% compared to 182.38% as of the
Quarterly LCR position in September 2025. The increase was primarily driven by a 21.10% decline in the average Total Net Cash Outflows, which was
greater than the 8.28% (qtq) decline in the average Total HQLA.
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Individual
Fourth Quarter 2025 Third Quarter 2025
HQLA value after haircut, HQLA value after haircut,
or Outstanding liabilities or Outstanding liabilities
Outstanding liabilities Outstanding liabilities
and commitments and commitments
and commitments and commitments
multiplied by run-off rate, multiplied by run-off rate,
/ Contractual invoice / Contractual invoice
or Contractual invoice or Contractual invoice
value value
value multiplied by inflow value multiplied by inflow
rate rate
539,039 271,220 436,113 114,715
163,759 163,759 - -
4,633,030 32,154 4,384,183 25,572
1,600,000 1,600,000 - -
15,473,725 18,813,580
7,143,003 - 4,727,622 0
2,433,462 1,449,865 1,949,395 1,039,853
- - - -
9,576,465 1,449,865 6,677,018 1,039,853
29,729,981 32,415,072
14,023,860 17,773,727
212,00% 182,38%
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Table of Net Stable Funding Ratio (NSFR) Exposure Disclosure – Individual Basis
Position as of December 2025
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
1 Capital: 13,658,917 - - - 13,658,917
Capital in accordance with
2 13,658,917 - - - 13,658,917
OJK CAR Regulation
3 Other capital instruments - - - - -
Deposits from individual
customers and funding
4 35,287,165 8,762,749 342,522 56,255 41,715,033
from micro and small
business customers.
Stable deposits and
5 33,906,389 128,033 77,309 20,680 32,426,825
funding
Less stable deposits and
6 1,380,776 8,634,715 265,213 35,575 9,288,208
funding
Funding from corporate
7 17,479,387 18,857,327 31,492 1,994,800 14,852,963
customers
8 Operational deposits 17,479,387 - - - 8,739,693
Other funding from
9 - 18,857,327 31,492 1,994,800 6,113,269
corporate customers
Liabilities with matching
10 - 3,518,805 - - -
interdependent assets
11 Other liabilities and equity - 3,177,730 - 2,936,010 2,936,010
12 NSFR derivative liabilities - -
Other liabilities and equity
13 not included in the above - 3,177,730 - 2,936,010 2,936,010
categories
14 Total ASF 73,162,923
Position as of December 2025
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
Total HQLA in NSFR
15 812,928
calculation
Deposits with other
16 financial institutions for 645,360 - - - 322,680
operational purposes
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(in IDR Millions)
Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
13,032,886 - - - 13,032,886
13,032,886 - - - 13,032,886
- - - - -
31,110,735 18,944,447 86,048 26,114 47,115,093
31,103,727 8,048,835 84,881 26,114 37,301,685
7,008 10,895,612 1,167 - 9,813,408
22,661,280 13,321,264 15,639 2,219 16,592,481
22,661,280 320 - - 11,330,800
- 13,320,944 15,639 2,219 5,261,680
- 1,707,012 - - -
328,904 13,028 3,159,911 2,149,141 3,729,096
328,904 13,028 3,159,911 2,149,141 3,729,096
80,469,555
Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
1,028,251
529,639 - - - 264,820
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Position as of December 2025
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
Loans classified as
17 Current and Special - 15,010,118 4,512,299 56,132,010 53,985,977
Mention (performing).
Loans to financial
18 institutions secured by - 7,335,786 - - 733,579
Level 1 HQLA
Loans to financial
institutions not secured
19 - 1,145,812 22,351 48,094 231,141
by Level 1 HQLA or
unsecured
Loans to corporates,
retail, MSMEs,
20 government institutions, - 4,772,288 4,198,425 54,625,600 50,917,117
BI, foreign governments
& PSEs
Qualifying for 35% risk
21 weight per OJK Risk- - 526 - - 263
Weighted Asset regulation
Mortgage-backed loans
22 - - - - -
not currently pledged
Qualifying for a risk
weight of 35% or lower,
in accordance with OJK
23 - 426 1,332 796,528 518,622
Circular Letter on Risk-
Weighted Assets (ATMR)
for Credit Risk.
Securities categorized
as Performing and
Underperforming that are
24 not pledged, not in - 1,755,280 290,192 661,789 1,585,256
default, and not classified
as HQLA, including
publicly traded stocks.
Assets with matching
25 - - - - -
interdependent liabilities
26 Other assets 13,086 77,163 148,135 4,682,578 4,920,963
Traded physical
27 commodities including - -
gold
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Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
- 13,344,091 4,760,959 56,684,351 53,674,723
- 6,896,172 - - 689,617
- 626,982 3,635 125,992 221,857
- 4,805,503 4,374,506 52,885,299 49,542,508
- - - - -
- - - - -
- 11,331 17,406 3,002,438 1,965,953
- 1,004,103 365,412 670,623 1,254,787
- - - - -
13,642 17,228 10,646 3,822,488 3,864,004
- -
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Position as of December 2025
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
Cash, securities, and other
assets recorded as initial
margin for derivative
28 contracts, and cash or - - - -
other assets pledged as
default fund to the central
counterparty (CCP).
29 NSFR derivative assets - - - -
NSFR derivative liabilities
30 - - - -
before variation margin
All other assets not
31 included in the categories 13,086 77,163 148,135 4,682,578 4,920,963
above
32 Administrative Account 152,556 199 4,220,264
33 Total RSF 60,042,746
Net Stable Funding Ratio
34 121,85%
(%)
Table of Net Stable Funding Ratio (NSFR) Exposure Disclosure – Consolidated
Position as of December 2025
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
1 Capital: 22,252,321 - - - 22,252,321
Capital in accordance with
2 22,252,321 - - - 22,252,321
OJK CAR Regulation
3 Other capital instruments - - - - -
Deposits from individual
customers and funding
4 49,073,321 11,350,564 883,156 106,182 57,722,267
from micro and small
business customers.
Stable deposits and
5 47,158,750 1,291,492 344,698 34,701 46,389,894
funding
Less stable deposits and
6 1,914,571 10,059,072 538,458 71,481 11,332,373
funding
Funding from corporate
7 20,905,297 37,080,339 9,061,332 2,318,521 27,787,352
customers
8 Operational deposits 20,791,156 - - - 10,395,578
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Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
- -
- -
- -
13,642 17,228 10,646 3,822,488 3,864,004
25,309
58,857,107
136,72%
(In IDR Millions)
Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
15,135,100 - - - 15,135,100
15,135,100 - - - 15,135,100
- - - - -
34,506,139 19,398,733 156,608 62,695 50,848,599
34,477,710 8,048,835 84,881 26,114 40,506,970
28,429 11,349,897 71,728 36,581 10,341,629
26,521,429 18,258,586 3,253,037 193,740 21,853,550
26,512,782 320 - - 13,256,551
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Position as of December 2025
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
Other funding from
9 114,141 37,080,339 9,061,332 2,318,521 17,391,774
corporate customers
Liabilities with matching
10 - 3,518,805 - - -
interdependent assets
11 Other liabilities and equity 330,761 3,374,621 - 2,936,010 2,936,010
12 NSFR derivative liabilities - -
Other liabilities and equity
13 not included in the above 330,761 3,374,621 - 2,936,010 2,936,010
categories
14 Total ASF 110,697,949
Position as of December 2025
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
Total HQLA in NSFR
15 1,009,335
calculation
Deposits with other
16 financial institutions for 661,847 355,000 - - 508,424
operational purposes
Loans classified as
17 Current and Special 8,927 17,656,574 5,638,853 96,222,505 87,975,171
Mention (performing).
Loans to financial
18 institutions secured by - 7,335,786 - - 733,579
Level 1 HQLA
Loans to financial
institutions not secured
19 - 2,446,292 26,762 352,059 732,384
by Level 1 HQLA or
unsecured
Loans to corporates,
retail, MSMEs,
20 government institutions, 8,912 6,100,914 5,259,337 88,764,596 80,665,066
BI, foreign governments
& PSEs
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Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
8,647 18,258,266 3,253,037 193,740 8,596,999
- 1,707,012 - - -
328,904 396,788 3,159,911 2,149,141 3,729,096
328,904 396,788 3,159,911 2,149,141 3,729,096
91,566,345
Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
1,066,392
529,639 - - - 264,820
- 13,623,993 4,873,566 67,318,597 62,905,586
- 6,896,172 - - 689,617
- 626,982 3,635 125,992 221,857
- 5,085,381 4,486,587 63,497,045 58,758,472
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Position as of December 2025
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without “≥ 6 months -
< 6 months ≥ 1 year
Maturity¹ < 1 year”
Qualifying for 35% risk
21 weight per OJK Risk- 15 14,925 60,621 5,409,226 3,553,770
Weighted Asset regulation
Mortgage-backed loans
22 - 2,659 299 114,261 98,601
not currently pledged
Qualifying for a risk
weight of 35% or lower,
in accordance with OJK
23 - 717 1,642 885,766 576,928
Circular Letter on Risk-
Weighted Assets (ATMR)
for Credit Risk.
Securities categorized
as Performing and
24 - 1,755,280 290,192 696,598 1,614,844
Underperforming that are
not pledged, not in
Assets with matching
25 - - - - -
interdependent liabilities
26 Other assets 1,069,798 832,156 155,474 5,191,582 6,622,647
Traded physical
27 commodities including - -
gold
Cash, securities, and other
assets recorded as initial
margin for derivative
28 contracts, and cash or - - -
other assets pledged as
default fund to the central
counterparty (CCP).
29 NSFR derivative assets - - -
NSFR derivative liabilities
30 - - -
before variation margin
All other assets not
31 included in the categories 1,069,798 832,156 155,474 5,191,582 6,622,647
above
32 Administrative Account 703,634 14,097 4,452,969
33 Total RSF 96,129,674
Net Stable Funding Ratio
34 115.15%
(%)
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Position as of September 2025
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
“≥ 6 months -
Without Maturity¹ < 6 months ≥ 1 year
< 1 year”
- - - - -
- - - - -
- 11,355 17,931 3,024,937 1,980,852
- 1,004,103 365,412 670,623 1,254,787
- - - - -
42,435 225,535 12,777 3,859,083 4,139,829
- -
-
-
-
42,435 225,535 12,777 3,859,083 4,139,829
25,489
68,402,115
133.86%
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Operational Risk
In order to calculate the capital charge and Risk-Weighted Assets (RWA) for operational risk, the Bank currently applied the
standardized method in accordance with OJK Circular Letter Number 06/SEOJK.03/2020 concerning the Calculation of RWA for
Operational Risk Using the Basic Approach for Commercial Banks. The following table presents the capital charge and RWA for
operational risk using the Standardized Approach (SA):
Table of Operational Risk Exposure Disclosure
(in IDR Millions)
December 31, 2025 December 31, 2024
Description
Capital Charge RWA Capital Charge RWA
1 Standardized Approach (Individual) 389,445 4,868,062 351,917 4,398,973
2 Standardized Approach (Consolidated) 417,478 5,218,478 367,835 4,597,938
Table of Historical Loss Data Report – Bank (Individual)
T Column T-1 Column T-2 Column T-3 Column
Business Indicators (BI) and BI components
Validation Validation Validation Validation
The minimum threshold for an operational loss event is
IDR300,000,000.00 (three hundred million rupiah) or more.
The number of net operational loss after calculating the
600 1.684 119.666 3.377
recovery value (without exceptions).
The number of operational risk losses 3 3 6 2
The number of excluded operational risk losses - - - -
The number of occurring excluded operational risk losses - - - -
The number of net operational losses after calculating the
600 1.684 119.666 3.377
recovery value and excluded operational risk losses
The minimum threshold for an operational loss event is
IDR1,500,000,000.00 (one billion five hundred million rupiah)
or more.
The number of net operational loss after calculating the
- - - -
recovery value (without exceptions).
The number of operational risk losses - - - -
The number of excluded operational risk losses - - - -
The number of occurring excluded operational risk losses - - - -
The number of net operational losses after calculating the
- - - -
recovery value and excluded operational risk losses
Details of capital calculations for operational risk
Are losses used in the FPKI calculation? (Yes/No) T -
If line 11 is filled with "No," is the omission of internal loss data
due to a discrepancy in the minimum standards for loss data? Y -
(Yes/No)
Threshold used in the capital calculation for operational risk (in
300,000,000 -
full rupiah units)
Additional Information (if any) Optional -
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(in IDR Millions)
10-Year
T-4 Column T-5 Column T-6 Column T-7 Column T-8 Column T-9 Column Average
Validation Validation Validation Validation Validation Validation Column
Validation
25,352 - 5,798 8,714 1,237 - 16,643
2 - 2 4 1 - 2
- - - - - - -
- - - - - - -
25,352 - 5,798 8,714 1,237 - 16,643
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
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Table of Historical Loss Data Report – Bank (Consolidated)
T Column T-1 Column T-2 Column T-3 Column
Business Indicators (BI) and BI components
Validation Validation Validation Validation
The minimum threshold for an operational loss event is
IDR300,000,000.00 (three hundred million rupiah) or more.
The number of net operational loss after calculating the
119,666 9,377 27,876 -
recovery value (without exceptions).
The number of operational risk losses 6 4 4 -
The number of excluded operational risk losses - - - -
The number of occurring excluded operational risk losses - - - -
The number of net operational losses after calculating the
119,666 9,377 27,876 -
recovery value and excluded operational risk losses
The minimum threshold for an operational loss event is
IDR1,500,000,000.00 (one billion five hundred million rupiah)
or more.
The number of net operational loss after calculating the
- - - -
recovery value (without exceptions).
The number of operational risk losses - - - -
The number of excluded operational risk losses - - - -
The number of occurring excluded operational risk losses - - - -
The number of net operational losses after calculating the
- - - -
recovery value and excluded operational risk losses
Details of capital calculations for operational risk
Are losses used in the FPKI calculation? (Yes/No) T
If line 11 is filled with "No," is the omission of internal loss data
due to a discrepancy in the minimum standards for loss data? Y
(Yes/No)
Threshold used in the capital calculation for operational risk (in
300,000,000
full rupiah units)
Additional Information (if any) Optional
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(in IDR Millions)
10-Year
T-4 Column T-5 Column T-6 Column T-7 Column T-8 Column T-9 Column Average
Validation Validation Validation Validation Validation Validation Column
Validation
5,798 8,714 1,237 - - - 17,267
2 4 1 - - - 2
- - - - - - -
- - - - - - -
5,798 8,714 1,237 - - - 17,267
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
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Table of Business Indicator Detail Report – Bank (Individual)
(in IDR Millions)
Business Indicators (BI) and Business Indicator T Column T-1 Column T-2 Column
Components Validation Validation Validation
Interest, Rent, and Dividend Components (KBSD) 2,327,310
Interest Income 8,616,937 8,090,919 7,315,217
Interest Expense 2,877,080 3,136,839 2,671,373
Earning Assets 106,336,521 101,637,780 102,200,216
Dividend Revenue 3,003 - -
Service Component (KJ) 906,773
Service Income and Commission 549,271 546,621 500,477
Service and Commission Expenses 2,828 802 993
Other operating income 512,361 367,034 244,554
Other operating expense 247,916 372,607 210,435
Financial Component (KK) 11,292
Trading Book Net Profit and Loss 17,262 9,156 107
Trading Book Net Profit and Loss 4,267 695 2,390
Business Indicators 3,245,375
Business Indicator Components (KIB) 389,445
Disclosure of Business Indicators
Total IB includes divested activities 1
IB deduction due to exclusion of divested activities 3,245,374
Additional information Optional
Table of Business Indicator Detail Report – Bank (consolidated)
(in IDR Millions)
Business Indicators (BI) and Business Indicator T Column T-1 Column T-2 Column
Components Validation Validation Validation
Interest, Rent, and Dividend Components (KBSD) 2,590,257
Interest Income 9,365,767 8,454,914 7,990,788
Interest Expense 4,320,041 3,750,859 3,377,839
Earning Assets 116,672,615 115,663,288 113,031,750
Dividend Revenue - - -
Service Component (KJ) 883,715
Service Income and Commission 651,495 595,306 607,944
Service and Commission Expenses 801 992 784
Other operating income 367,034 244,553 132,601
Other operating expense 372,607 210,615 213,176
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Business Indicators (BI) and Business Indicator T Column T-1 Column T-2 Column
Components Validation Validation Validation
Financial Component (KK) 5,012
Trading Book Net Profit and Loss 9,155 106 (2,199)
Trading Book Net Profit and Loss 695 2,389 (492)
Business Indicators 3,478,985
Business Indicator Components (KIB) 417,478
Disclosure of Business Indicators
Total IB includes divested activities 1
IB deduction due to exclusion of divested activities 3,478,984
Additional information Optional
Operational Risk Risk-Weighted Asset (ATMR) Calculation Report using the Standardized Approach - Bank (Individual)
(in IDR Millions)
Details T Column Validation
Business Indicator Components (KIB) 389,445
Internal Loss Multiplier (FPKI) 1
Minimum Operational Risk Capital (MMRO) 389,445
Risk-Weighted Assets (RWA) for Operational Risk 4,868,062
Operational Risk Risk-Weighted Asset (ATMR) Calculation Report using the Standardized Approach - Bank (consolidated)
(in IDR Millions)
Details T Column Validation
Business Indicator Components (KIB) 417,478
Internal Loss Multiplier (FPKI) 1
Minimum Operational Risk Capital (MMRO) 417,478
Risk-Weighted Assets (RWA) for Operational Risk 5,218,478
Material Commitments Related to Capital Goods Investment
During 2025 and 2024, Bank Jatim will have no material commitments for investment in capital goods. Therefore, there is no
information regarding the name of the contracting party, the purpose of the bond, the source of funds expected to fulfill the bonds,
the currency denominated and the steps the company plans to take to hedge the risk of the relevant foreign currency position.
Capital Expenditure Investment
Investment in the form of capital expenditure is an activity of spending funds used to buy a number of permanent assets or add fixed
assets that are expected to provide future benefits.
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Types and Value of Investment Capital Goods
Types and Investment of Capital Goods are presented in the following table.
Table of Types and Value of Investment Capital Goods
(in IDR million)
Type Value in 2025 Value in 2024
Land, buildings, and complementary facilities 674 726
Inventory 39,221 61,912
Vehicle - 615
Total 39,895 63,235
Capital Goods Investment Purpose
Bank Jatim’s capital goods spending, among others, aims to develop service office networks and supporting bank operations. All
capital goods expenditure transactions are carried out in the IDR currency so that the bank does not have a risk of foreign exchange
rates in capital goods expenditure transactions.
Commitment and Contingent
The bank has receivables and liabilities involving commitments and contigencies as follows.
Table of commitment and contigent
(in IDR million)
Description 2025 2024
KOMITMEN
Commitments receivables
IDR:
Purchase of spot and derivative 335,742 162,245
Others 854,042 854,042
Total 1,189,784 1,016,287
Commitments Liabilities
IDR
Unused loan commitments granted to debtors 4,574,003 4,262,009
Foreign Currency:
Spot and derivative sales 335,709 160,950
Total Commitment Liabilities - Net 3,719,928 3,406,672
CONTINGENTCIES
Contingent receivable
IDR:
Interest income on past due account 190,703 152,253
Others 610 7,578
Total contingent receivable 191,313 159,831
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Description 2025 2024
Contingent Liabilities
IDR:
Bank guarantee issued 759,812 644,012
Foreign Exchange:
Bank guarantee issued 50,025 48,285
Total Contingent Liabilities 809,837 692,297
Total Contingent liabilities - net 618,524 532,466
Material Information and Facts After the Accountant’s Report Date
As of the completion of this Annual Report, no significant events have occurred after the accountant’s report date that would impact
future business performance and risk.
Business Prospects and Future Strategy 2026
The outlook for global economic growth in 2026, based on the On the other hand, emerging economies are expected to
*World Economic Outlook* January 2026 report published by remain the primary drivers of global growth, with projections
the International Monetary Fund, indicates relatively stable reaching 5.0%, an increase from 4.4% in 2025. This growth is
conditions with projected growth of 3.3%, the same level as in supported by strong domestic demand, investment expansion,
2025. This reflects that the global economic recovery remains and favorable demographic factors. India is expected to
ongoing but has yet to show significant acceleration. Growth continue recording robust growth, while China is projected
in advanced economies is expected to remain limited at 1.8%, to experience a slight slowdown amid ongoing structural
although slightly higher than in the previous year. The United economic adjustments. In addition, the Middle East and Central
States is projected to improve to 2.4%, while Europe, Japan, Asia regions are also expected to strengthen, supported by
and the United Kingdom are expected to experience slower stable energy prices and increased commodity production.
growth due to inflationary pressures, tight monetary policies, Overall, the outlook for 2026 confirms a continued shift in
and weak domestic demand. These conditions indicate that the the sources of global growth toward emerging economies,
contribution of advanced economies to global growth remains although it remains subject to various external risks, including
relatively limited. geopolitical uncertainty and global financial conditions.
Table of Global Economic Growth Projections
WEO January 2026
Region
2026 2025
Global Economy 3.3 3.3
Developed countries 1.8 1.7
Amerika 2.4 2.1
Eropa (Euro Area) 1.3 1.4
Jepang 0.7 1.1
Inggris 1.3 1.4
Developing country 5.0 4.4
China 4.5 5.0
India 6.4 7.3
Middle East and Central Asia 3.9 3.7
Source: World Economic Outlook (WEO), International Monetary Fund (IMF), January 2025 and 2026
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Management Discussion and Analysis
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The national economy of Indonesia demonstrated strong In line with these achievements, the outlook for the national
resilience amid ongoing global dynamics. This was reflected economy in 2026 remains positive, albeit with a more prudent
in the solid economic performance recorded in 2025, with approach. Economic growth is projected to range between
cumulative growth reaching 5.11% (YoY), increasing from 5.2% and 5.8%, with a target of 5.4% set in the State Budget
5.03% (YoY) in the previous year. The growth was supported (RAPBN), reflecting continued optimism regarding the
by strengthening household consumption in line with the sustainability of the domestic recovery momentum. Inflation
continued recovery in public mobility, as well as solid export is expected to remain under control at around 2.5%, although
performance in goods and services, particularly in the jewelry the target range has been widened as a precautionary measure
and gemstones commodity segment, which benefited from against global uncertainties. On the external front, the rupiah
strong global gold demand. Macroeconomic stability also exchange rate is projected to experience moderate pressure,
remained well maintained, as reflected in controlled inflation while interest rates are expected to show a downward trend
at 2.92%, despite pressures from the food, beverages, and in line with the potential easing of monetary policy. From
tobacco category due to commodity price fluctuations and the commodity perspective, more conservative oil price
weather-related factors. assumptions, along with increased oil and gas lifting, reflect a
strategy aimed at maintaining fiscal stability while supporting
the performance of the energy sector.
Table of National Economic Growth Projections
2026 2025
Indicator
KEM-PPKF RAPBN APBN Outlook
Economic Growth (% YoY) 5.2-5.8 5.4 5.2 4.7-5.0
Inflation (% YoY) 1.5-3.5 2.5 2.5 2.2-2.6
Exchange Rate (IDR/USD, average) 16,500-16,900 16,500 16,000 16,300-16,800
10-Year SBN Interest Rate (%, average) 6.6-7.2 6.9 7.0 6.8-7.3
Indonesian Crude Oil Price/ICP (USD/Barrel, average) 60-80 70 82 68-82
Oil Lifting (rbph) 605-620 610 605 593-597
Lifting Gas (rbsmph) 953-1,017 984 1.005 976-980
Source:
- Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF), Ministry of Finance, 2026
- State Budget Plan (RAPBN) 2, Ministry of Finance, 2026
Optimism regarding the national economic outlook is further Nutritious Meals Program, improving the quality of education
supported by a measured and strategic fiscal policy direction and healthcare, promoting village and MSME development, and
as formulated by the Ministry of Finance of the Republic of accelerating investment and global trade.
Indonesia in the Draft State Budget (RAPBN) 2026. This
policy is focused on the implementation of the Asta Cita In line with these economic growth prospects, the banking
Program, which encompasses strengthening national ideology, industry in 2026 is projected to continue expanding positively,
enhancing national resilience, promoting food and energy self- albeit at a more moderate pace. Projections by the Financial
sufficiency, creating employment opportunities, and advancing Services Authority indicate that credit disbursement is
human capital development and industrialization. In the short expected to grow within the range of 10%–12%, while third-
term, the strategy is directed toward strengthening economic party funds (DPK) are projected to increase by approximately
resilience through market expansion, safeguarding purchasing 7%–9%. This reflects that the banking sector’s intermediation
power, and maintaining the sustainability of the State Budget function is expected to remain well maintained, although
(APBN). Meanwhile, in the medium term, the Government is potential liquidity pressures may arise as credit growth is
implementing eight key strategies, including strengthening projected to outpace the growth of third-party funds.
food and energy security, social programs such as the Free
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Table of Banking Industry Projections
2026
Institution
Loan Distribution Fundraising
Financial Services Authority 10%-12% 7%-9%
Infobank Institute 9%-11% 10%-12%
Source:
- 2026 Financial Services Industry Annual Meeting (PTIJK) “A Stable and Contributing Financial Services Sector Supports Market Deepening and the National Economy,”
Financial Services Authority, February 2026.
- Infobank Magazine December 2025 Edition.
Meanwhile, projections by the Infobank Institute indicate demand. Nevertheless, prudent liquidity management and risk
a slightly different outlook, with credit growth expected to management remain essential to maintaining financial system
range between 9%–11% and higher growth in third-party funds stability amid ongoing global economic dynamics.
(DPK), estimated at 10%–12%. This difference reflects varying
perspectives regarding future liquidity conditions and banking Despite the positive growth outlook for the banking industry,
sector funding strategies. Overall, both projections reaffirm developments in the sector in 2026 will continue to face
that the banking sector continues to have strong expansion various opportunities and challenges that need to be managed
potential, supported by sustained growth in financing carefully, as follows:
Table of Opportunities and Challenges in the Banking Industry
Opportunities Challenges
• Low interest rate environment • Lemahnya daya beli masyarakat
• Ample liquidity supported by government fund placement policies • Lemahnya permintaan kredit bank
• Advancement of digital transformation • Risiko pemburukan kualitas kredit
• Opportunities in green and sustainable financing • Potensi tekanan margin bank.
• Turbulensi fiskal daerah
Source: Infobank Magazine - October 2025
Considering the projected global and national economic growth 4. The Bank’s intermediation performance was maintained
conditions and the ever-evolving dynamics of the banking and improving.
industry, Bank Jatim recognizes the importance of having the 5. Good relationships and synergy with various parties,
right strategy to maintain and strengthen its market position. particularly the provincial government and district/city
Therefore, Bank Jatim conducted a competitive analysis using governments in East Java Province.
the Strengths, Weaknesses, Opportunities, and Challenges 6. The Bank is the parent company of a Bank Business Group
(SWOC) analysis approach. Through this analysis, Bank Jatim (KUB).
was able to better understand its internal strengths and 7. The Bank’s health level is good, at Composite Rank 2 (PK2).
identify areas for improvement. The factors that contribute to
Bank Jatim’s internal strengths are as follows: Meanwhile, several areas require further strengthening and
1. Bank Jatim’s reputation as a bank owned by the Regional optimization by Bank Jatim to support sustainable growth and
Government and its shareholders, who play a key role in enhance its competitiveness in an increasingly competitive
economic development in East Java. banking industry, as follows:
2. The Bank’s network of offices spread throughout East 1. Further optimization of credit quality.
Java Province, including the islands, as well as the Special 2. Enhancement of credit portfolio growth in the medium and
Capital Region of Jakarta and Batam, to encourage market corporate segments.
expansion and inclusiveness. 3. Improvement in the structure and performance of third-party
3. The Bank’s Net Interest Margin (NIM) was maintained funds (DPK) mobilization.
amidst the downward trend in interest rates, driven by
deposit management.
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Management Discussion and Analysis
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By leveraging its various internal strengths, Bank Jatim is 1. The declining trend in credit quality across the banking
optimistic that it can maintain and even strengthen its position industry.
in the Indonesian banking market. Bank Jatim can continue to 2. Relatively weak purchasing power, as reflected in the
grow and adapt to changes in the banking sector. Therefore, Consumer Confidence Index (CCI), which shows a downward
Bank Jatim is very optimistic that its prospects will continue to trend despite remaining at an optimistic level.
be bright in the future, with various opportunities that can be 3. The risk of cybercrime arising from the acceleration of
utilized to achieve its long-term goals. Opportunities that Bank digital transformation and artificial intelligence adoption.
Jatim can capitalize on in 2026 include: 4. The low interest rate environment that is not accompanied
1. Opportunities to reduce the cost of funds as a result of the by an improvement in public purchasing power.
downward trend in bank interest rates. 5. The dynamics of government fiscal policy that may affect
2. Opportunities to increase CASA (Cash Assets) through regional economic conditions.
ecosystem development with local governments and other 6. Increasing business competition within the banking
potential parties. industry.
3. Opportunities to increase credit distribution through
national priority programs (food and energy security, Considering the above, the Bank’s business development
public housing, free nutritious meals, and green financing). strategy for 2026 is formulated as follows:
4. Opportunities to increase third-party funds (DPK) through 1. Strengthening governance and risk management, as well
the synchronization of national priority programs and the as refining internal business processes based on customer-
Nawa Bhakti Satya program in the education and social centricity.
protection sectors through the distribution of Social 2. Improving asset and revenue quality by strengthening the
Assistance (School Operational Assistance, the Smart early warning system.
Indonesia Program, the Smart Indonesia Card, Wage 3. Disbursing quality credit and financing, and strengthening
Subsidy Assistance, and others) to the community. a sustainable financial ecosystem with the active
5. Plans to allocate government funds to the regional banking participation of MSMEs.
industry. 4. Optimizing CASA collection.
6. Developments in the transformation and dynamics of the 5. Accelerating the performance of Sharia Business Units
digital financial business. through innovation, ecosystem development, and
7. Sustainability of National Strategic Projects (PSN), strengthening the Digital Business and Lending Model
particularly in East Java Province. (DBLM).
8. A positive climate of sustainable economic growth in 6. Sustainable human capital transformation as the foundation
East Java, as well as business opportunities arising from of organizational performance.
the implementation of strategies and policy directions 7. Optimizing digital transformation and a sustainable
synchronized with regional government programs. integrated business ecosystem.
8. Strengthening the IT security system by utilizing big data
The vast opportunities available to Bank Jatim in 2025 and artificial intelligence (AI).
certainly provides a strong basis for optimism; however, 9. Accelerating the implementation of PIV and optimizing
they also present challenges that must be addressed to fully the office network through evaluation, supervision, and
maximize these potentials. These challenges are related not relocation.
only to internal factors but also to external factors that may 10. Optimizing business synergies and developing the Bank
affect the stability and sustainability of the Bank’s operations. Business Group (KUB) ecosystem.
Therefore, Bank Jatim needs to prepare appropriate strategic
measures to address these challenges in order to maintain
its competitiveness and deliver optimal performance. Several
challenges that Bank Jatim is expected to face in 2025 include
the following:
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Achievement of Targets and Future Targets
Achievement of Targets
The comparison between targets and actual financial performance, capital structure, marketing, and human resource development
is presented as follows.
Comparison of Financial Targets and Realization
The comparison between financial targets and realization in 2025 is as follows.
Table of Comparison of Bank Business Plan and Financial Realization in 2025
(Bank Only, in IDR Millions)
Realization in Target in Achievement
Description
2025 2025 (%)
1 2 3 4=2/3
Financial Position
Assets 105,852,744 105,030,937 100.78%
Loans 67,244,137 73,138,194 91.94%
Third-party funds 78,605,373 85,776,675 91.64%
Current Account 21,406,953 22,243,252 96.24%
Savings 30,857,540 35,037,996 88.07%
Time Deposits 26,340,880 28,495,427 92.44%
Profit and Loss and other Comprehensive Income
Interest income 8,566,570 8,673,889 98.76%
Other operating income 1,255,316 1,440,399 87.15%
Net Income 1,545,687 1,537,879 100.51%
Financial Ratios (%)
Capital Adequacy Ratio (CAR) 25.38% 23.16% 109.59%
Non Performing Loan (NPL) Gross 3.88% 2.95% 76.03%
Return on Assets (ROA) 1.90% 2.08% 91.35%
Return on Equity (ROE) 13.35% 13.01% 102.61%
Net Interest Margin (NIM) 6.15% 6.12% 100.49%
Operating Costs Operating Income (BOPO) 79.92% 79.54% 99.52%
Loan to Deposit Ratio (LDR) 85.39% 85.27% 100.14%
The Bank’s total assets in 2025 reached IDR105.85 trillion, or 100.78% of the target, reflecting sustained financial performance
growth. However, new loan disbursement was realized at IDR67.24 trillion, or 91.94% of the target, in line with the achievement
of Third-Party Funds (DPK), which reached IDR78.60 trillion, or 91.64% of the target. This condition was influenced by a decline in
savings and time deposits, although demand deposits recorded growth of 12.54% year-on-year (YoY) as part of the Bank’s efforts to
increase low-cost funds.
In terms of income performance, interest income realization in 2025 reached IDR8.57 trillion, or 98.76% of the target. Although
slightly below the target, this performance was supported by continued loan expansion, a Net Interest Margin (NIM) ratio maintained
at a sound level of 6.15%, as well as optimization of fee-based income growth. As a result, overall interest income increased by 6.7%
compared to the previous year (YoY).
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Management Discussion and Analysis
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Profit for the year in 2025 reached 101.51% of the target, with to playing an active role in contributing to a resilient and
a realization of IDR1.55 trillion. This achievement was driven by competitive regional economy, while continuing to serve as
an increase in net interest income, higher other non-operating an agent of development in the region through inclusive and
income, and improved net non-operating income, despite an sustainable growth.
increase in operating expenses. In addition, profit performance
was further strengthened by higher non-interest income, Comparison of Targets and Actual Capital
growth in low-cost funds (CASA) through increased demand Structure Performance
deposits, as well as asset recovery from written-off accounts.
Bank Jatim’s capital is resilient in facing various changes in the
In line with this performance, the Bank’s capital and liquidity business environment in 2025, as indicated by the achievement
conditions remained well maintained. The Capital Adequacy of the total core capital and supplementary capital target
Ratio (CAR) in 2025 stood at 25.38%, representing 109.59% of 104.16% with a realization of Rp12.94 trillion in 2025. In
of the target. Meanwhile, the Loan-to-Deposit Ratio (LDR) order to maintain and strengthen capital, the bank’s capital
increased significantly from the established target, reaching management strategy carried out in 2025 includes increasing
85.39% in 2025. This reflects Bank Jatim’s commitment to the Bank’s capital through Bank profits, increasing capital
continuously enhancing its productive assets. through general reserves from undistributed profits, increasing
capital through asset revaluation and optimizing RWA.
Going forward, Bank Jatim will consistently implement the
strategies that have been established and remains committed
Table of Target and Actual Capital Structure Comparison in 2025
(Bank Only, in IDR Millions)
Description Realization in 2025 Target in 2025 Pencapaian
1 2 3 4=2/3
Main core capital (CET 1) 12,363,452 11,817,740 104.62%
Complementary capital (Tier 2) 582,284 610,799 95.33%
Total Core and Supplementary Capital 12,945,736 12,428,539 104.16%
Comparison of Marketing Target and Realization
The comparison of marketing targets and actual performance is presented as follow.
Table of Comparison of Marketing Targets and Realization in 2025
No. Target Description Realization in 2025
1. Exploring potential individual customers Collaboration with Medical Associations, Contractor Associations, Notary Associations, HIPMI,
and entrepreneurs in the East Java region.
2. Implementation of Financial Literacy and Implementation of Financial Literacy and Inclusion activities to foster a culture of saving and
Inclusion activities provide literacy related to banking products and services.
3. Implementation of Promotion and Bank Jatim’s Sponsorship Participation in music, millennial, and community events in East Java
Branding of Fund Products and Services
through Sponsorship Events
4. QRIS business optimization Bank Jatim’s QRIS merchant transaction racing promo program during the Ramadan-Eid al-Fitr
and year-end period, the Grebeg Merchant QRIS Program is a visit by Bank Jatim to merchants to
provide appreciation/rewards for QRIS transactions and merchant balances at Bank Jatim.
5. Radio promotion Collaboration with radio stations to promote Bank Jatim products along with ongoing promotional
programs.
6. Jatim Prioritas bundling Implementation of promotional and bundling programs for fund placement through collaborative
events between Jatim Prioritas and the Tiket.com brand (online ticketing agent).
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No. Target Description Realization in 2025
7. Investment product sales Collaboration and participation in the proceed (placement) marketable securities (SBN) with
Trimegah Sekuritas for ORI 027, ST014, SR022, SBR014, SR023, ORI028, and ST015 products.
8. Enhancement of Jatim Prioritas service Addition of merchant partnerships to provide alternative benefits for Jatim Prioritas customers,
benefits including Tiket.com, Apollo Gadget Store, Araya Golf, Taman Dayu Golf, Layar Seafood, Pagi Sore
Resto, Atlas Sport Center, and Joumpa Handling Services.
9. Launching of Jatim Syariah Prioritas Jatim Syariah Prioritas services were launched on August 28, 2025.
10. Financial service cooperation with Financial service cooperation agreements were established with Ministries and State Institutions,
Ministries and State Institutions totaling 2 (two) agreements with the Ministry of Home Affairs.
11. Financial service cooperation with Financial service cooperation agreements were established with Provincial, Regency/City
Provincial, Regency/City Governments, Governments, and OPD in East Java, totaling 105 agreements.
and OPD in East Java
12. Financial service cooperation with Financial service cooperation agreements were established with institutions, agencies, and
institutions, agencies, and private private companies within Bank Jatim’s working area, totaling 34 agreements.
companies within Bank Jatim’s working
area
13. Increase in customer internet banking Customer internet banking limits were increased based on transaction history, business potential,
limits based on transaction history, and the usage of e-channels and Bank Jatim products to support customer business development.
business potential, and usage of
e-channels and Bank Jatim products
14. Optimization of business synergy and - Electronification of regional financial management.
enhancement of engagement with - High-Level Meeting with TP2DD of Madiun Regency.
Provincial, Regency/City Governments, - Inauguration of Transjatim Bus Corridor VII operations in Lamongan.
OPD, and BLUD - Implementation of digital ecosystem for government-owned hospitals in East Java.
- Implementation of digital ecosystem for schools owned by the Provincial Government of East
Java (e.g., SMA Nala Malang).
15. Optimization of marketing of Bank Jatim Joint marketing activities were conducted, including:
products and services, particularly to - Joint marketing between the Kepanjen Branch and Al Rifaie 2 Islamic Boarding School and RSI
increase CASA Third Party Funds in Gondanglegi.
the non-individual customer segment, - Joint marketing between the Malang Branch and Amtsilati Islamic Boarding School Jabung.
through data dissemination to branches - Joint marketing between the Malang Branch and UMM.
for follow-up actions. - Joint marketing between the Malang Branch and RS Universitas Brawijaya (RS UB).
- Joint marketing with CIMB Niaga related to EDC discussions.
- Joint marketing with RS Graha Sehat Kraksaan.
- Management of budget accounts for the East Java Regional Police work units (Polda Jatim).
- Integration of regional retribution receipt and reporting applications.
- Joint marketing between the Banyuwangi Branch and RS Al Huda.
Comparison of Targets and Realization in Human Resources Development
The realization of the education and training budget in 2025 decreased from IDR54.401 billion in 2024 to IDR42.368 billion in
2025. This was achieved through efficiency measures while continuing to optimize the implementation of education and training
programs, which were prioritized for more senior employees, with the objective that the knowledge acquired could be disseminated
to employees in subordinate units. This condition was also reflected in the budget absorption rate, which reached 49.89% in 2025.
This was partly driven by the effective implementation of education and training activities conducted both online and offline in
supporting the Bank’s business activities.
Table of Comparison of Human Resource Development Targets and Realization in 2025
(in IDR Billions)
Description Realization in 2025 Target in 2025 Achievement
1 2 3 4=2/3
Education and Training Expenses (Diklat) 42,368,873,216 84,916,640,000 49.89%
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Future Target (Projection)
Bank Jatim’s management has prepared the Bank Business Plan for 2026 by considering the current economic conditions and
economic projections for 2026, both at the macro and micro levels.
Table of Assumptions in Preparing Projections
2026
Indicator
RAPBN APBN
Economic Growth (%) 5.4 5.2
Inflation (%) 2.5 2.5
Exchange Rate (IDR/USD) 16.500 16.000
SBN interest rates - 10 years (%) 6.9 7.0
Indonesian crude oil prices (USD/Barrel) 70 82
Crude Oil Lifting (thousand barrels/day) 610 605
Natural Gas Lifting (million standard cubic feet/day) 984 1,005
Source: State Budget Draft (RAPBN) of the Ministry of Finance for 2026
Financial Projections
Description of financial projections in 2026 is presented as follows:
Table of Financial Projection for 2026
(Bank Only, in IDR Millions)
Description Projection for 2026
1 2
Financial Position
Assets 114,142,729
Loans 75,793,987
Third-party funds
Current Account 23,760,402
Savings 35,547,447
Time Deposits 28,961,957
Profit and Loss and other Comprehensive Income
Interest income 8,928,517
Other operating income 1,517,295
Net Income 1,735,050
Financial Ratios (%)
Capital Adequacy Ratio (CAR) 25.31
Non Performing Loan (NPL) Gross 3.20
Return on Assets (ROA) 2.13
Return on Equity (ROE) 13.87
Net Interest Margin (NIM) 6.25
Operating Costs Operating Income (BOPO) 78.38
Loan to Deposit Ratio (LDR) 85.87
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Capital Structure Projection
The projected capital structure for 2026 is presented as follows:
Table of Capital Structure Projection 2026
(Bank Only, in IDR Millions)
Description Projection for 2026
1 2
Core Capital (CET 1) 13,203,416
Supplementary Capital (Tier 2) 617,885
Total Core and Supplementary Capital 13,821,301
Dividend Policy Projection
The projected dividend policy for the 2025 fiscal year, to be distributed in 2026, is presented as follows:
Table of Dividend Policy Projection
(in IDR Millions)
Description Projection
1 2
Estimated Net Profit 2024 1,545,687,883,978,00
Estimated Total Distributed Dividends 831,408,128,800,34
Estimated Dividends for East Java Provincial Government 425,070,708,689,76
Dividend Payout Ratio (%) 53.79%
*Note:
For the estimated dividend distribution for the 2025 fiscal year, which will be distributed in 2026, after obtaining approval from the 2025 GMS.
Marketing Projection
For 2026, the Bank has prepared the following marketing 6. Optimizing the increase in DPK from the Business Model
projections: Ecosystem, for example the Indonesian Migrant Worker
1. Merchant transaction racing promotion program for Bank Ecosystem, Market Ecosystem, and others.
Jatim QRIS during the Ramadan–Eid al-Fitr and year-end 7. In commemoration of Bank Jatim’s anniversary and
periods, with criteria based on minimum account balance and Indonesia’s Independence Day, the Bank provides various
transaction value. Other QRIS promotional programs may promotional programs as part of loyalty programs and to
also be implemented, such as cashier promotions and others. increase fee-based income, such as promotions for KAI
2. Implementation of Financial Literacy and Inclusion ticket purchases, mobile credit purchases, e-wallet top-
activities to foster a culture of saving and provide literacy ups, and others.
related to banking products and services. 8. Branding program in culinary centers and collaboration
3. The QRIS Merchant Grebeg Program, which involves Bank with the Surabaya City government through branding on
Jatim visiting merchants to provide appreciation/rewards Surabaya City public transportation facilities and bus stops.
based on QRIS transactions and merchant balances held at 9. Merchant partnerships for priority customers and branding
Bank Jatim. This program is expected to increase merchant in golf areas and exclusive waiting areas (lounges).
balances at Bank Jatim. 10. Optimization of ASN and TNI POLRI pension business in
4. Sponsorship participation in music, millennial, and collaboration with PT Taspen (Persero) and PT ASABRI
community events in East Java. (Persero).
5. Taxpayer acquisition has been carried out through the
installation of tax recording devices for account opening,
QRIS registration, and EDC installation.
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Management Discussion and Analysis
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11. Development of financial service cooperation with the c. Regional Government Information System (SIPD) RI
Provincial Government, Regency/City Governments, and d. State Treasury and Budget System (SPAN)
Regional Work Units in East Java, including through: e. E-Catalogue Versi 6
a. Increasing Third-Party Funds through the ETPD f. Digital Healthcare Ecosystem
program; g. Digital Ecosystem Campus
b. Collaborations with Public Universities; and h. e-BLUD.
c. Partnerships with Regional Public Hospitals.
12. Development of financial service cooperation with HR Development Projections
foundations, universities, and private hospitals within Bank
Jatim’s operational areas, including through: An HR development strategy is a plan regarding how the quality
a. Collaborations with Private Universities; of human resources can develop in a better direction and
b. Partnerships with Private Hospitals; increase their work capabilities. An HR development strategy
c. Cooperation with Foundations; and can run well if it is accompanied by a carefully planned HR
d. Partnerships with InstitutionsSponsorship. development program. So it is hoped that it will be able to help
13. Organization of gatherings with government institutions, achieve the goal of producing quality human resources. One of
foundations, universities, as well as regional public the HR development programs is holding training programs for
hospitals and private hospitals to strengthen institutional employees.
relationships.
14. Development of Integrated Government Digital Services, Bank Jatim develops quality human resources in 2026 through
whereby Bank Jatim collaborates with Ministries, State education and training programs. There are several types of
Institutions, and Provincial and Regency/City Governments HR training that can be carried out, including skills training ,
in East Java through various digital programs, including: retraining or retraining, team training , creativity training and
a. Core Tax Administration System (CTAS) of the Ministry others. In 2026, the projected human resource development
of Finance for all employees is 5,518 peoples.
b. Village Financial System (SISKEUDES LINK)
Table of HR Development Projection for 2025
(in peoples)
Description Projection for 2026
1 2
Training for organic employees 5,518
Long-Term Plan Evaluation
The long-term plan set out in the Corporate Plan 2024–2028 needs to be reviewed to assess whether the Bank’s business activities
are progressing in line with the established plan. The evaluation is carried out periodically by taking into account the Bank’s business
conditions and developments. The evaluation of the Corporate Plan 2024–2028 is conducted through both quantitative and
qualitative approaches. The results of the evaluation are as follows:
Table of Comparison of Corporate Plan and Financial Realization 2025
(in IDR Millions)
Corporate Plan
Uraian Realization in 2025 Achievement (%)
Target in 2025
1 2 3 4=2/3
Financial Position
Assets 105,852,744 125,444,847 84.38%
Loans 67,244,137 72,891,067 92.25%
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Corporate Plan
Uraian Realization in 2025 Achievement (%)
Target in 2025
1 2 3 4=2/3
Third-party funds 78,605,373 105,561,131 74.46%
Current Accounts 21,406,953 27,513,984 77.80%
Savings 30,857,540 37,531,257 82.22%
Time Deposits 26,340,880 40,515,890 65.01%
Profit and Loss and other Comprehensive Income
Interest income 8,566,570 8,892,976 96.33%
Other operating income 1,255,316 1,994,501 62.94%
Current year profit 1,545,687 1,999,179 77.32%
Financial Ratios (%)
Capital Adequacy Ratio (CAR) 25.38% 23.70% 107.09%
Non Performing Loan (NPL) Gross 3.88% 2.61% 67.27%
Return on Assets (ROA) 1.90% 2.20% 86.36%
Return on Equity (ROE) 13.35% 13.89% 96.11%
Net Interest Margin (NIM) 6.15% 6.26% 98.24%
Operating Costs Operating Income (BOPO) 79.92% 75.41% 94.36%
Loan to Deposit Ratio (LDR) 85.39% 69.05% 123.66%
Based on the evaluation, Bank Jatim needs to make adjustments to the Corporate Plan 2024–2028, which will be implemented in
2026. These adjustments include the following:
1. Five-year financial performance projections by taking into account the Bank’s performance achievements.
2. A measurable plan to achieve the Bank’s vision of becoming the number one Regional Development Bank (BPD) in Indonesia.
3. Business synergy in the establishment of a Bank Business Group (KUB) with subsidiary banks.
4. Alignment of strategies and work programs among the Business Plan, Corporate Plan, Information Technology Strategic Plan,
and the Regional Development Bank (BPD) Strengthening Roadmap.
Policies, Announcements and Payment of Dividend
Dividend Policy
Bank Jatim’s dividend policy is stipulated in the Board of the General Meeting of Shareholders to decide otherwise, in
Directors Decree No. 063/03/01/DIR/CSE/KEP dated January accordance with the Bank’s Articles of Association. The dividend
9, 2024, regarding the Standard Operating Procedure (SOP) distribution plan must be included in the Bank’s Business Plan,
of the Corporate Secretary, specifically in Chapter IV on the which is submitted to the Financial Services Authority.
Corporate Action Policy of the Bank. The dividend policy is
designed to ensure that all shareholders receive their rights and It is possible for banks to distribute dividends of at least 50%
are treated equally concerning the dividends distributed by the (fifty percent) of the current year’s net profit which can be
Bank, in accordance with good corporate governance principles distributed in the form of cash dividends taking into account:
and applicable regulations, while also considering the Bank’s a. The achievement of Bank financial performance..
interests. Based on the distribution mechanism, dividends are b. The Bank’s Capital Adequacy Ratio (KPMM) level after
categorized into two types: final dividends and interim dividends. distribution of dividends and other investment projects
The amount of dividends distributed is linked to the Bank’s that require significant capital, is not less than the ratio
profits for the respective fiscal year, without disregarding the provisions determined by the Bank and/or regulatory
Bank’s profitability level and without limiting the authority of provisions from time to time.
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Management Discussion and Analysis
04 on Bank Performance
c. Bank Health Level. In the event that the Bank experiences problems as explained
d. Bank financial condition. in the points above and/or experiences financial performance
e. Profit growth expectations; conditions that require special treatment, the Bank may:
f. Considering the Bank’s capital needs in the future. a. Proposing to the RUPS to postpone dividend payment;
g. Bank development/growth plans and strategies. b. Stopping the payment of approved dividends;
h. Bank business sustainability. c. Stopping the payment of dividends in installments or
i. Market conditions. stopping the payment of dividends gradually; and/or
j. Shareholder Interests. d. Withdrawing dividend payments to Controlling
k. Compliance with relevant and applicable regulations Shareholders, in the event that the Bank experiences
l. Banks can only distribute dividends if the Bank has a financial performance problems.
positive profit balance, after taking into account the
reserves that must be established as required by the
Incorporated Company (Perseroan Terbatas) Law.
Announcement and Payment of Dividend
Based on the AGMS Decision, PT Bank Pembangunan Daerah Jawa Timur Tbk carried out the announcement and payment of dividends
as in the following table.
Table of Dividend Announcement and Payment
Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
Description
2024 2023 2022 2021 2020
Net Profit (IDR) 1,281,116,202,418 1,470,104,932,979 1,542,824,394,640 1,523,069,838,418 1,488,961,630,120
Dividends (IDR) 821,497,900,066,22 816,692,940,679,98 797,172,793,173,38 782,457,605,053,02 733,507,081,305,70
Non-Cash Dividends *) - - - - -
Dividend Per Share (IDR) 54.71 54.39 53.09 52.11 48.85
Description Non-Cash
- - - - -
Dividend Per Share *)
Total Shares 15,015,498,082 15,015,498,082 15,015,498,082 15,015,498,082 15,015,498,082
Dividend Payout Ratio (%) 64.12% 55.55% 51.67% 51.37% 49.26%
Announcement Date May 26, 2025 February 13, 2024 March 3, 2023 March 29, 2022 May 5, 2021
Payment date June 19, 2025 March 7, 2024 May 12, 2023 April 14, 2022 Mei 28, 2021
Non-Cash Dividend Payment
- - - - -
Date *)
*)
Bank Jatim does not have non-cash dividends
Announcement and Dividend Payment for the Announcement and Dividend Payment for the
2024 Financial Year 2023 Financial Year
On May 22, 2025, Bank Jatim held the Annual General Meeting On February 7, 2024, Bank Jatim held itsAnnual General Meeting
of Shareholders (AGMS), which approved and determined the of Shareholders (AGMS), which approved and determined the
appropriation of the Bank’s net profit for the fiscal year ended use of Bank Jatim’s net profit for the financial year ending
December 31, 2024, amounting to IDR1,281,116,202,418, as December 31, 2023, amounting to IDR1.470.104.932.979 as
follows: follows:
1. An amount of IDR821,497,900,066.22 or 64.12% of the 1. IDR816.692.940.679,98 or 55,55% of Bank Jatim’s net
Bank’s net profit for the 2024 fiscal year was distributed as profit for the 2023 financial year will be distributed as cash
cash dividends to shareholders recorded in the Company’s dividends to shareholders registered in the Company’s
Shareholders Register as of June 5, 2025, and was paid on Shareholder Register as of February 22, 2024, and will be
June 19, 2025. paid on March 7, 2024.
2. An amount of IDR459,618,302,352 or 35.88% of the net 2. IDR653.411.922.299,02 or 44,45% of Bank Jatim’s net
profit for the 2024 fiscal year was allocated as General profit for the 2023 financial year is designated as General
Reserves. Reserves.
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Annual Report
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Realization of Use of Public Offering b. Series B
Proceeds The amount of Shelf Registration Bond I Bank Jatim Phase I
Year 2025 Series B offered is IDR1,000,000,000,000 (one
Bank Jatim Shelf Registration Bond I Phase I Year 2025 was trillion rupiah), with a fixed interest rate of 6.70% (six point
issued with a principal amount of IDR2,000,000,000,000. This seven zero percent) per annum, with a tenor of 5 (five)
shelf registration bond consists of 2 (two) series, namely Series years from the issuance date. The bonds will be fully repaid
A and Series B, each offered at 100% (one hundred percent) (bullet payment) at maturity.
of the total principal amount of the bonds. These bonds were
issued in scriptless form, except for the Jumbo Bond Certificate The proceeds from the Public Offering of Shelf Registration
issued by the Company in the name of PT Kustodian Sentral Bond I Bank Jatim Phase I Year 2025, which were received on
Efek Indonesia (KSEI). These bonds provide options for October 1, 2025, after deducting issuance costs, were entirely
investors to select the desired series, as follows: used by the Company for working capital to support business
a. Series A development, particularly for loan disbursement.
The amount of Shelf Registration Bond I Bank Jatim Phase I
Year 2025 Series A offered is IDR1,000,000,000,000 (one In accordance with OJK Regulation Number 30/POJK.04/2015
trillion rupiah), with a fixed interest rate of 6.40% (six point concerning Reports on the Realization of the Use of Proceeds
four zero percent) per annum, with a tenor of 3 (three) from Public Offerings, Bank Jatim has reported the realization
years from the issuance date. The bonds will be fully repaid of the use of proceeds as follows.
(bullet payment) at maturity.
Table of Realization of the Use of Proceeds from Public Offering
Realization
Planned Use of Remaining
Realization Value of Public Offering Proceeds of Use of
Proceeds Proceeds
Proceeds
Effective
No. Description
Date
Public Loan Loan
Total Proceeds Net Proceeds
Offering Disbursement Disbursement (in IDR)
(in IDR) (in IDR)
Costs (in IDR) (in IDR) (in IDR)
1 2 3 4 5 6 7 8 9
Public Offering of
Shelf Registration
October 1,
1 Bond I Bank 2,000,000,000,000 11,952,055,797 1,988,047,944,203 1,988,047,944,203 1,988,047,944,203 -
2025
Jatim Phase I
Year 2025
Material Information Regarding Investment, Expansion, Divestment, Merger/
Consolation Businesses, Acquisitions, Debt / Capital Restructuring
Investment
Bank Jatim conducted investments through corporate actions in the form of capital participation for the establishment of a Banking
Business Group (KUB). This corporate action was carried out in reference to Financial Services Authority Regulation Number 22 of
2022 concerning Capital Participation Activities by Commercial Banks and aims to strengthen the capital structure, enhance business
synergy, and expand business capacity in supporting sustainable growth. In relation to the implementation of such corporate action,
matters related to the establishment of the KUB throughout 2025 are presented as follows:
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Management Discussion and Analysis
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Table of Investment 2025
OJK Approval Letter for Capital
No. Name of Investee Amount Transaction Date
Participation
PT BPD Nusa Tenggara Timur
1. S-141/KO.14/2025 Dated July 28, 2025 IDR100,000,000,000 September 30, 2025
(“Bank NTT”)
PT BPD Banten (Perseroda) Tbk
2. S-165/KO.14/2025 Dated August 26, 2025 IDR10,000,000,000 November 05, 2025
(“Bank Banten”)
PT BPD Sulawesi Tenggara (“Bank
3. S-147/KO.14/2025 Dated August 3, 2025 IDR100,000,000,000 November 10, 2025
Sultra”)
PT BPD Lampung (“Bank
4. S-106/KO.14/2025 Dated May 26, 2025 IDR100,000,000,000 November 11, 2025
Lampung”)
Expansion
In 2025, Bank Jatim expanded its network by adding 1 (one) Conventional Branch Office, 1 (one) Conventional Sub-Branch Office, and
9 (nine) Sharia Service Offices as part of its efforts to broaden service coverage and enhance banking accessibility for the public. This
initiative was undertaken to bring banking services closer to a wider customer base, particularly in regions with significant growth
potential that have not yet been optimally served.
Table of Branch Network Expansion
Branch Network 2025 2024 Expansion Tanggal Beroperasi
Conventional Branch Offices 42 41 1 - Caruban Branch Office operated on 10 June 2026.
Conventional Sub-Branch Offices - Jetis Sub-Branch Office under the Mojokerto Branch operated on 11
165 165 1
(KCP) August 2025.
- Batam Branch Sharia Service Office operated on 12 March 2025.
- Jakarta Branch Sharia Service Office operated on 12 March 2025.
- Wolter Monginsidi Sub-Branch Sharia Service Office operated on 12
March 2025.
- Mangga Dua Sub-Branch Sharia Service Office operated on 12 March
2025.
Sharia Service Offices (KLS) 207 198 9 - Bekasi Sub-Branch Sharia Service Office operated on 12 March 2025.
- Depok Sub-Branch Sharia Service Office operated on 12 March 2025.
- Kelapa Gading Sub-Branch Sharia Service Office operated on 12
March 2025.
- Tangerang Sub-Branch Sharia Service Office operated on 12 March
2025.
- Jetis Sub-Branch Sharia Service Office operated on 11 August 2025.
Divestment
Throughout 2025, Bank Jatim did not carry out any investment activities.
Merger/Consolidation
Throughout 2025, Bank Jatim did not conduct any merger/ consolidation activities.
Acquisition
Throughout 2025, Bank Jatim did not undertake any acquisition activities.
Debt/Capital Restructuring
Throughout 2025, Bank Jatim did not engage in any debt/ capital restructuring activities.
336 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Material Transactions Containing 4. Transactions as in point 3 above, are worth at least 50%
Conflicts of Interest and/or (fifty percent) of the Company’s capital based on the latest
Transactions with Affiliated Parties audited financial report.
5. Transactions with other affiliated parties.
A Material Transaction is any transaction conducted by a
publicly listed company or a controlled company that meets Transactions and activities that potentially trigger conflicts of
a transaction value limit of 20% (twenty percent) or more of interest include:
the equity of a publicly listed company (Financial Services 1. Credit transactions are categorized as containing a conflict
Authority Regulation Number 17/POJK.04/2020 concerning of interest if the Bank or the decision-making official is
Material Transactions and Business Activity Changes). the same party or has a family relationship, ownership,
management, financial, or interest with the credit recipient.
Conflict of Interest Transactions 2. Fund and service transactions are categorized as containing
a conflict of interest if the Bank or the decision-making
In accordance with the provisions in the Financial Services official is the same party or has a family relationship,
Authority Regulation Number 42/POJK.04/2020 concerning ownership, management, financial, or interest with the
Affiliate Transactions and Conflict of Interest Transactions, depositing customer or user of the Bank’s services so
a Conflict of Interest is the difference between the economic that the customer in question is given special conditions
interests of a public company and the personal economic different from the treatment given to customers in general.
interests of members of the board of directors, members of 3. Transactions of goods and services are categorized
the board of commissioners, major shareholders, or controllers as containing a conflict of interest if the Bank or the
who can be detrimental to the listed company in question. decision-making official is the same party or has a family
relationship, ownership, management, financial, or interest
The forms of Conflict of Interest include: with the goods/services provider so that the determination
1. Gratification. of the appointment or winner has unreasonable conditions
2. Misuse of Assets. that could potentially harm the bank or reduce the Bank’s
3. Misuse of confidential/critical information. profits.
4. Concurrent Position. 4. Human capital management has the potential for a conflict
5. Granting special access in violation of procedures. of interest if there are several people having family
6. Unprofessional supervision. relations up to the second degree in the same bank.
7. Subjective and non-independent assessments. 5. The prohibited conflict of interest category includes the
8. Decisions on licensing, allocation/budgeting, and practice of giving and/or receiving gifts, bribes and the like
investment. which are reasonably suspected of being detrimental to the
9. Determination of partners (procurement). Company interests, contrary to sound business ethics, and/
10. Employee recruitment, appointment, and performance or contrary to applicable law.
assessment.
11. Use of information. To avoid conflicts of interest, both employees and company
12. Commercialization of public services leaders must adhere to the code of ethics. If employees or
company leaders become aware of practices that could lead to
An activity is considered to trigger a conflict of interest when: a conflict of interest, they must immediately report it to their
1. There is a transaction for the provision of funds and superiors.
procurement of goods/services between the Company and
Related Parties including the Board of Directors, Board The fundamental components in managing conflicts of interest
of Commissioners, Executive Officers, Decision Making for the company, employees, and company leaders are as
Officers. follows:
2. There are Company officials/employees having family ties 1. Complying with and adhere to applicable laws and
to the first degree in 1 (one) line of management. regulations, including company culture.
3. There is a transaction between the company and officials 2. Avoiding activities that could lead to conflicts of interest.
or employees, whether still active or retired/resigned but 3. Keeping the confidentiality of company information and
not yet past 6 (six) months, and their families and/or with its business associates. Compliance with the company’s
companies where the Company’s officials or employees code of conduct is crucial to maintaining and advancing the
and their families, either directly or indirectly, own shares company’s reputation.
may not exceed 25% (twenty five percent) of the total
shares of the company.
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Management Discussion and Analysis
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Conflict of Interest Disclosure: Affiliate Transactions
1. Should a conflict of interest arise, the official and/or
employee who has the conflict of interest must not use Based on the provisions of Financial Services Authority
their rights/authority in decision-making and must disclose Regulation Number 42/POJK.04/2020 concerning Affiliate
the matter. Transactions and Conflict of Interest Transactions, Affiliates
2. Should a conflict of interest arise in the credit and/or are:
operational fields at a branch office, the officials and/or a. Family relationships due to marriage and descent up to the
employees who have a conflict of interest shall not use second degree, both horizontally and vertically;
their rights/authority in making decisions. b. The relationship between the party and the employee,
3. Should a conflict of interest arise between employees/ director or commissioner of that party;
officials making decisions in their respective fields, the c. Relationship between 2 (two) Companies where there are 1
employees/officials do not use their authority in making (one) or more members of the same Board of Directors or
decisions and the decision-making process is then handed Board of Commissioners;
over to their superiors in a hierarchical manner. d. Relationship between the Company and the Party, whether
4. If a decision has to be made, the officials or employees directly or indirectly, controlling or controlled by the
involved in the decision-making process are obliged to company;
prioritize the Bank’s economic interests and prevent the e. Relationship between 2 (two) companies controlled, either
Bank from losses or the possibility of reducing the Bank’s directly or indirectly, by the same party; or
profits. f. Relationship between the Company and Major
5. Disclosing the conditions of the conflict of interest attached Shareholders.
to the Minutes of the Meeting along with documentation
containing considerations for making the decision. Furthermore, Affiliate transactions are any activity and/ or
transaction carried out by a public company or controlled
One effort to avoid conflicts of interest is that all parties, company with an Affiliate of a public company or an Affiliate
both employees and company leaders, must comply with the of a Member of the Board of Directors, Member of the Board
established code of ethics and avoid activities that could lead of Commissioners, Major Shareholder or Controller, including
to conflicts of interest. Bank Jatim has regulations regarding any activity and/or transaction carried out by Public Company
Conflicts of Interest, which are detailed in Board of Directors or Controlled Company for the benefit of Affiliates of Public
Decree Number: 063/03/68/DIR/KPT/KEP dated April 29, Companies or Affiliates of members of the Board of Directors,
2024, regarding the Standard Operating Procedure (SOP) Members of the Board of Commissioners, Major Shareholders,
for Conflicts of Interest. This SOP is designed to ensure that or Controllers.
all actions and decisions taken by Bank Jatim employees and
management are not influenced by personal interests that may Transactions with affiliated parties have potential risks, namely
conflict with the interests of Bank Jatim. Additionally, this SOP the risk of misuse by parties which may be detrimental to the
aims to maintain integrity, transparency, and accountability in Bank. Therefore, Bank Affiliated Parties are prohibited from
all operational aspects of Bank Jatim and to prevent potential using the Bank for personal, family and/or other party interests
conflicts of interest that could harm Bank Jatim and other which may harm or reduce the Bank’s profits.
stakeholders. With this clear guideline, it is expected that all
involved parties will carry out their duties responsibly and Based on the provisions of Financial Services Authority
prioritize Bank Jatim’s interests over personal interests. Regulation Number 42/POJK.04/2020 concerning Affiliated
Transactions and Conflict of Interest Transactions, throughout
In 2025, there were no transactions containing conflicts of the 2025 financial year, Bank Jatim did not conduct any
interest. material transactions that meet the criteria for Affiliated
Transactions as stipulated in the regulation.
All activities and/or transactions conducted by Bank Jatim
during the period have been carried out in line with the
principles of prudence, good corporate governance, and do not
contain any elements of abuse that could harm or reduce the
Bank’s profits.
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Related Party Transactions b) One entity is an associate or joint venture of the other
entity (or an associate or joint venture of a member of
In conducting its business, the Bank engages in transactions a Bank and its subsidiaries of which the other entity is a
with related parties as defined in PSAK 224 on “Related Party member);
Disclosures.” A related party is an individual or entity related to c) Both entities are joint ventures of the same third party;
the reporting entity as follows: d) One entity is a joint venture of a third entity and the
i. A person or a close member of that person’s family is other entity is an associate of the third entity;
related to a reporting entity if that person: e) The entity is a post-employment benefit plan for the
a) Has control or joint control over the reporting entity; benefit of employees of either the reporting entity, or
b) Has significant influence over the reporting entity; or an entity related to the reporting entity;
c) A member of the key management personnel of the f) The entity is controlled or jointly controlled by a person
reporting entity or of a parent of the reporting entity. identified in (i);
ii. An entity is related to the reporting entity if any of the g) A person identified in (i). (a) has a significant influence
following conditions applies: over the entity or is a member of the key management
a) The entity and the reporting entity are members of the personnel of the entity (or a prent of the entity); or
same Bank and its subsidiaries (which means that each h) The entity or any members of a Bank and its subsidiaries
parent, subsidiary and fellow subsidiary is related to of which it is a part, provides key management
the others); personnerl service to the reporting entity or to the
parent of the reporting entity.
Name of the Transacting Party and Nature of the Relationship
Description of the name of the transacting party and the nature of the relationship is presented as follows:
Table of Names of Parties and Nature of Related Transaction Relationships
Related Parties Nature of Relationship Nature of the Transaction
East Java Provincial Government Shareholder Fund Placement
West Nusa Tenggara Provincial Government Shareholders of subsidiaries Fund Placement
East Nusa Tenggara Provincial Government Shareholders of subsidiaries Fund Placement
Southeast Sulawesi Provincial Government Shareholders of subsidiaries Fund Placement
Lampung Provincial Government Shareholders of subsidiaries Fund Placement
PT Banten Global Development Shareholders of Associated Entities Fund Placement
Sidoarjo Regency Government Shareholder Fund Placement
Bojonegoro Regency Government Shareholder Fund Placement
Banyuwangi Regency Government Shareholder Loans, Fund Placement
Malang Regency Government Shareholder Fund Placement
Gresik Regency Government Shareholder Fund Placement
Tuban Regency Government Shareholder Fund Placement
Ngawi Regency Government Shareholder Fund Placement
Kediri Regency Government Shareholder Fund Placement
Sumenep Regency Government Shareholder Fund Placement
Kraksaan Regency Government Shareholder Fund Placement
Jember Regency Government Shareholder Fund Placement
Lamongan Regency Government Shareholder Loans, Fund Placement
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Related Parties Nature of Relationship Nature of the Transaction
Sampang Regency Government Shareholder Fund Placement
Bondowoso Regency Government Shareholder Fund Placement
Trenggalek Regency Government Shareholder Fund Placement
Mojokerto Regency Government Shareholder Fund Placement
Nganjuk Regency Government Shareholder Fund Placement
Situbondo Regency Government Shareholder Fund Placement
Tulungagung Regency Government Shareholder Fund Placement
Lumajang Regency Government Shareholder Fund Placement
Pacitan Regency Government Shareholder Fund Placement
Pasuruan Regency Government Shareholder Fund Placement
Pamekasan Regency Government Shareholder Fund Placement
Blitar Regency Government Shareholder Fund Placement
Bangkalan Regency Government Shareholder Fund Placement
Madiun Regency Government Shareholder Fund Placement
Jombang Regency Government Shareholder Fund Placement
Ponorogo Regency Government Shareholder Fund Placement
Magetan Regency Government Shareholder Fund Placement
Surabaya City Government Shareholder Loans, Fund Placement
Madiun City Government Shareholder Fund Placement
Malang City Government Shareholder Fund Placement
Pasuruan City Government Shareholder Fund Placement
Mojokerto City Government Shareholder Fund Placement
Batu City Government Shareholder Fund Placement
Probolinggo City Government Shareholder Fund Placement
Blitar City Government Shareholder Fund Placement
Kediri City Government Shareholder Fund Placement
PT Bank Pembangunan Daerah Nusa Tenggara Barat Subsidiary Fund Placement
PT Bank Pembangunan Daerah Nusa Tenggara Timur Subsidiary Fund Placement
PT Bank Pembangunan Daerah Sulawesi Tenggara Subsidiary Fund Placement
PT Bank Pembangunan Daerah Lampung Subsidiary Fund Placement
PT Bank Pembangunan Daerah Banten (Perseroda) Fund Placement, Current accounts in
Subsidiary
Tbk other banks
PT Bank Perkreditan Rakyat Jawa Timur (Perseroda) Owned by the same ultimate shareholders Loans
Board of Commissioners, Directors and Executive
Key employees Management Fund Placement, customer deposits
Officers
Realization of Related Party Transactions
The balance of productive assets, deposits, loans received, and commitments and contingencies as of December 31, 2025, and
December 31, 2024, from related parties is as follows:
340 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Table of Related Party Transactions Realization
(in IDR millions)
Description 2025 2024
ASSETS
Loans and Sharia Financing (Note 13)
Loans to key management 100,973 102,306
Banyuwangi Regency Government 253,926 -
Lamongan Regency Government 44,689 -
Surabaya Regency Government 208,366 -
Others 95,799 10,138
Total 703,753 112,444
Percentage to total assets 0.42% 0.10%
LIABILITIES
Deposits from customers (Note 19) 14,058,003 12,268,842
Percentage to total liabilities 9.61% 11.85%
Deposits from other banks (Note 21)
PT BPR Jawa Timur (Perseroda) 49,848,00 44,323
Percentage to total liabilities 0.03% 0.04%
PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Interest income (Note 32) 11,492 6,515
Percentage to total interest and sharia income 0.11% 0.08%
Interest and sharia expenses (Note 33) 427,369 477,325
Percentage to total interest and sharia expenses 13.90% 17.97%
COMPENSATION OF KEY MANAGEMENT PERSONNEL
Compensation of key management personnel of the Group (excluding Commissioners and
Directors)
Short-term employee benefits 43,108 41,507
Other long-term employee benefits 1,860 2,221
Post-employment benefits 12,741 9,882
Total Compensation of Key Management Personnel 57,709 53,610
Percentage to total personnel expenses 2.64% 3.07%
Reference to Disclosure in the Financial Fairness and Reasons for the Transaction
Statements
In normal business activities, Bank Jatim carries out
Details of the names of related parties and realization (value) transactions with related parties due to ownership and/
of related party transactions are presented in Note 45 to or management relationships. All transactions with related
the Financial Statements attached to this Annual Report. parties have been carried out with mutually agreed policies and
These related transactions are business activities carried out conditions and comply with the arm’s length principle . Related
to generate operating income and are conducted routinely, party transactions occur because of Bank Jatim’s business
repeatedly, and/or continuously. needs.
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Management Discussion and Analysis
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Compliance with Related Regulations and Policy on Loan Granting for the Board of
Provisions Commissioners/Directors
Transactions with affiliated and/or related parties are conducted The provision of credit to the Board of Directors and
under the same terms and conditions as transactions with third Commissioners is included in the provision of credit to Related
parties. The transactions conducted by the Bank comply with Parties, where granting credit to the Board of Directors and
the Financial Services Authority Regulation (POJK) No. 42/ Commissioners must obtain approval from the Board of
POJK.04/2020 on “Affiliated Transactions and Conflict of Commissioners. Funding to Related Parties is regulated by
Interest Transactions.” the Financial Services Authority (OJK) and the Company’s
regulations, namely the Minimum Credit Provision Policy of
All transactions have undergone a review mechanism according Bank Jatim.
to the type of transaction and feasibility analysis. Throughout
2025, there were no violations of laws and regulations related The terms and procedures for granting credit to the Board of
to transactions with affiliated and/or related parties, and Directors and Board of Commissioners are the same as those
there were no affiliated and/or related party transactions for prospective debtors of Bank Jatim in general, provided
requiring General Meeting of Shareholders (GMS) approval. fairly and at market interest rates (at arm’s length basis and at
If transactions with affiliated and/or related parties require market rates), while still adhering to the principle of prudence.
shareholder approval, the approval is granted by shareholders
who have no interest in the transaction. This policy is outlined in the Board of Directors’ Decree
Number 062/03/62/DIR/PGP/KEP dated November 3,
Statement of the Board of Directors Regarding 2023, concerning the First Amendment to the Standard
Related Party Transactions Operating Procedure (SOP) for Multipurpose Credit. Additional
requirements in this policy include a Recommendation Letter
The Board of Directors states that affiliated and/or related or Special Certificate that must be provided by the Board of
party transactions have undergone adequate procedures to Commissioners and Directors under the following conditions:
ensure that affiliated and/or related party transactions are 1. The Board of Commissioners must obtain a recommendation
conducted in accordance with generally accepted business from the President Commissioner.
practices, including compliance with the arm’s length principle. 2. The President Commissioner must obtain a
recommendation from other Commissioners or an
Review Mechanism and Role of The Board of Independent Commissioner.
Commissioners and Committees Regarding 3. The President Director must obtain a recommendation
Related Party Transactions from the Commissioner.
4. The Field Director must obtain a recommendation from the
Bank Jatim establishes a policy for reviewing transactions President Director.
with affiliates and/or related parties through a comprehensive
mechanism, including the identification and verification of Additionally, there are additional requirements, including:
related party relationships, materiality assessment, as well as a. A Power of Attorney to debit all future benefits to be
feasibility and risk analysis. received for loan repayment and/or loan installments
if the debtor resigns voluntarily or is terminated due to
In its implementation, all material or significant transactions disciplinary actions, fraud, or other reasons.
are subject to prior review by the Risk Monitoring Committee b. A Statement Letter from the Credit Administration and
and must obtain approval from the Board of Commissioners to Installment Manager (PAAK) or treasurer to deposit all
ensure alignment with the best interests of Bank Jatim and its future benefits to be received by the debtor, including
shareholders. disbursement of other income such as severance pay,
pension funds, Old Age Savings (THT), and others.
The entire process is conducted under appropriate procedures
in accordance with the nature of the transactions to ensure
compliance with generally accepted business practices and
adherence to the arm’s length principle.
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Annual Report
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Changes In Laws and Regulations and Their Impact on the Bank
Changes in several laws and regulations throughout 2025 and their impact on Bank Jatim are outlined in the following table.
Table of Regulatory Changes
Information Impact on Financial
No Regulation Key Provisions
Adjustment Statements
1. Bank Indonesia The material regulated in this PBI includes: 1. The Bank updates its Does not have a significant
Regulation Number 10 1. Regulated parties include Bank Indonesia, Payment System Providers internal policies and quantitative impact on
of 2025 concerning (PSP), Payment Service Providers (PJP), Payment System Infrastructure provisions; Bank Jatim’s Financial
Regulation of the Providers (PIP), Commercial Banks, Supporting Providers, Payment 2. The Bank will conduct Report
Payment System System Infrastructure Participants, Connected Parties, and other SBP and RBSP
Industry (PBI PISP) parties, including SROs, parties collaborating with PSPs and reporting.
Participants, and parties affiliated with PSPs;
2. Scope of PISP regulation;
3. Payment system service delivery activities include fund source
administration, transaction forwarding, clearing, and settlement;
4. Payment system products consist of fund sources and access to fund
sources;
5. Determination of pricing scheme policies;
6. Payment System Technology Innovation;
7. TIKMI;
8. Strategic Business Plan (SBP) and Payment System Business Plan
(RBSP);
9. Payment System Industry Players;
10. PSP Classification (Main or PSP other than Main PSP);
11. Payment System Provider Activity Bundling (bundling activity 1,
bundling activity 2, bundling activity 3);
12. Licensing as a Payment System Provider or Designation as a Payment
System Provider;
13. Participants in the Payment System Infrastructure;
14. Activity Development, Product Development, and/or Cooperation;
15. Cooperation and Supporting Providers;
16. Payment System Infrastructure and Payment System Data
Infrastructure;
17. Governance and Risk Management;
18. Market Practices;
19. Payment System Data and/or Information;
20. Supervision;
21. Termination of Payment System Operation;
22. Coordination and Cooperation;
23. Transition.
2. Financial Services 1. The Bank is required to prepare, publish, and/or submit Public 1. The Bank updates its More comprehensive
Authority Regulation Disclosure Reports, which consist of: internal provisions; reporting coverage,
Number 18 of a. Financial disclosure reports and financial performance 2. Publishes Public including risk exposure
2025 concerning information; Disclosure Reports and capital reports,
Transparency and b. Risk exposure and capital adequacy disclosure reports; as required under sustainability reports,
Publication of Bank c. Material information or fact disclosure reports; the relevant OJK integrated governance
Reports d. Disclosure of benchmark lending rates in accordance with Financial regulations; reports for financial
Services Authority (OJK) regulations regarding transparency 3. Ensures that conglomerates, and more
and publication of benchmark lending rates for conventional executive officers detailed material facts.
commercial banks; responsible for
e. Sustainability reports in accordance with OJK regulations on financial reporting
the implementation of sustainable finance for financial service possess adequate
institutions, issuers, and public companies; knowledge and/
f. Annual report on the implementation of integrated governance for or experience in
banks acting as holding companies within a financial conglomerate, accounting, and meet
in accordance with OJK regulations on integrated governance for the competency
financial conglomerates; requirement of
g. Annual financial statements for banks classified as issuers or public having passed the
companies in accordance with OJK regulations on the submission Chartered Accountant
of periodic financial reports for issuers or public companies; and certification
h. Other reports as required under prevailing laws and regulations. examination.
3. Financial Services 1. Classification of current and savings account management into active, 1. The Bank updates Does not have a significant
Authority Regulation inactive, and dormant accounts; internal regulations; quantitative impact on
Number 24 of 2025 2. Policies and procedures for managing current and savings accounts; 2. Monitors inactive and Bank Jatim’s Financial
concerning Account 3. Obligations of customers holding current and savings accounts; dormant accounts in Report
Management at 4. Customer obligations; the implementation of
Commercial Banks 5. Management of current and savings accounts based on classification AML CFT CPFWM, and
(inactive and dormant accounts); Anti-Fraud.
6. Supervision of inactive and dormant accounts.
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Management Discussion and Analysis
04 on Bank Performance
Information Impact on Financial
No Regulation Key Provisions
Adjustment Statements
4. Financial Services 1. The preparation of this Financial Services Authority Regulation is 1. The Bank updates Does not have a significant
Authority Regulation carried out in connection with the follow-up to the Financial Services internal regulations. quantitative impact on
Number 9 of Authority’s authority to regulate the obligation to issue and convert 2. The Bank submits a Bank Jatim’s Financial
2025 concerning equity securities (EBE) into scripless EBE, as stipulated in Chapter V, progress report on Report
Dematerialization Article 22, and Article 5, letter a, number 5 of Law Number 4 of 2023 the implementation
of Equity Securities concerning the Development and Strengthening of the Financial Sector of EBE
and Management of (UUP2SK). Dematerialization.
Unclaimed Assets in 2. Furthermore, to anticipate the occurrence of EBE that are not converted 3. The Bank announces
the Capital Market into scripless EBE due to the Securities holder being uncontactable, the implementation of
unknown, not managing or claiming the Securities, deceased, or EBE Dematerialization
legally lacking the authority to convert the Securities, regulations are through
needed to accommodate the management of EBE, which then become announcement media,
unclaimed assets in the Capital Market. Regulation of unclaimed assets including the stock
in the Capital Market will also cover investment management assets exchange website,
that are unclaimed upon liquidation of investment products and other the Public Company
unclaimed assets in the Capital Market sector. website, and by
3. The legal basis for this Financial Services Authority Regulation (POJK) sending registered
is: Law No. 8 of 1995 as amended by Law No. 4 of 2023; and Law No. 21 mail to the addresses
of 2011 as amended by Law No. 4 of 2023. of equity holders.
4. This Financial Services Authority Regulation regulates, among other 4. The Bank identifies
things, the obligation to issue scripless securities, the implementation securities accounts
and recording of securities that have undergone EBE dematerialization, that have not
the prohibition on transacting EBE with scrip, the management of recorded any
unclaimed assets in the Capital Market (including EBE with scrip, securities and/or fund
securities and/or funds in custodians, and other assets in the Capital transactions within
Market), the follow-up of unclaimed assets in the Capital Market, and the a period of 5 (five)
protection of the rights of shareholders and asset owners. years.
Accounting Policy Changes
Reasons for Changes in Accounting Policies
The changes of Accounting policy is required to meet the Indonesian Financial Accounting Standards applied to the current year.
Information on Changes in Accounting Policies and Their Impact on Financial Reports
The following are new financial accounting standards, changes, and interpretations of financial accounting standards that are
effective from January 1, 2025.
Table of Accounting Policy Changes
Impact of Accounting Policy
Accounting Policy Explanation of Consequences and
No Changes
Changes Adjustments
on Financial Statements
1. Amendment to PSAK The amendment requires the disclosure of information that enables The implementation of these
221: “The Effects of users of financial statements to understand the impact of exchangeable standards does not result in any
Changes in Foreign currencies. The amendment is effective for annual reporting periods substantive changes to the Group’s
Exchange Rates” beginning on or after 1 January 2025. Early adoption is permitted, in accounting policies and does not have
concerning the lack of which case entities are required to disclose this fact. The date of initial a material impact on the consolidated
exchangeability. application is the beginning of the annual period in which the entity first financial statements for the current
applies the amendment. period or prior years.
2. Amendment to A comprehensive new accounting standard for insurance contracts The implementation of these
PSAK 117: “Insurance covering recognition and measurement, presentation, and disclosure. standards does not result in any
Contracts” concerning Upon its effective date, PSAK 117 will supersede PSAK 104: Insurance substantive changes to the Group’s
insurance contracts Contracts. PSAK 117 applies to all types of insurance contracts, including accounting policies and does not have
life, non-life, direct insurance, and reinsurance, regardless of the issuing a material impact on the consolidated
entity, as well as to certain guarantees and financial instruments with financial statements for the current
discretionary participation features, subject to specific scope exclusions. period or prior years.
The overall objective of PSAK 117 is to provide a more useful and
consistent accounting model for insurance contracts for insurers.
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Bank Soundness Level
The Bank Soundness Level (TKB) is an assessment of the 3. Earnings
Bank’s condition based on a risk-based bank rating and overall Evaluates profitability performance, sources supporting
performance. It serves as a tool for Bank Jatim to identify profitability, profitability sustainability, and profitability
issues early, develop and implement corrective actions, and management.
establish future business strategies. 4. Capital
Assesses capital adequacy and the effectiveness of capital
Bank Jatim conducts a self-assessment of its Bank Soundness management.
Level, evaluating both risk and performance under regulations
set by the Financial Services Authority (OJK), including: The final result of the Bank Soundness Level assessment is
1. Financial Services Authority Regulation No. 4/ reflected in the Composite Rating (PK). The Composite Rating
POJK.03/2016 on Commercial Bank Soundness is determined based on a comprehensive and structured
Assessment, dated January 27, 2016. analysis, considering the materiality and significance of each
2. Financial Services Authority Circular Letter No. 14/ assessment factor. The Bank Soundness Level Composite
SEOJK.03/2017 on Commercial Bank Soundness Ratings are categorized as follo:
Assessment, dated March 17, 2017. 1. Composite Rating 1 (CR-1) indicates that the Bank is in
general extremely sound.
Bank Jatim has conducted a self-assessment of its Bank 2. Composite Rating 2 (PK-2) indicates that the Bank is in
Soundness Level, which is reported to the regulator (OJK) general sound.
semi-annually in June and December. The assessment is based 3. Composite Rating 3 (PK-3) indicates that the Bank is in
on the following four factors: general adequately sound.
1. Risk Profile 4. Composite Rating 4 (PK-4) indicates that the Bank is in
Evaluates inherent risks and the quality of risk management general less sound.
implementation across eight types of risks. 5. Composite Rating 5 (PK-5) indicates that the Bank is in
2. Good Corporate Governance general unsound.
Assesses the quality of Bank Jatim’s management in
implementing corporate governance principles. The self-assessment results for Bank Jatim’s Soundness Level
Composite Rating as of December 31, 2025, and December 31,
2024, are as follows:
Table of Bank Soundness Level
Assessment Assessment
Assessment Factor
as of December 31, 2025 as of December 31, 2024
Risk Profile Rating 2 Rating 2
Good Corporate Governance Rating 2 Rating 3
Earnings Rating 2 Rating 2
Capital Rating 2 Rating 2
Composite Rating Rating 2 (Sound) Rating 2 (Sound)
The Bank Soundness Level assessment for Bank Jatim as of December 31, 2025, resulted in a Composite Rating of 2 (Sound), which
indicates that
1. The Bank is generally in a sound condition, demonstrating the ability to withstand significant negative impacts from changes in
business conditions and other external factors.
2. The ratings for key assessment factors, including Risk Profile, Corporate Governance, Earnings, and Capital, are generally good.
Any weaknesses identified are not significant and do not materially affect the Bank’s overall soundness.
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Management Discussion and Analysis
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Business Continuity Information
Details of Issues Arising During the Financial liquidity levels, and reinforcing the reliability of operational
Year that Affect Business Activities systems and services. These efforts reflect the Bank’s
commitment to safeguarding business continuity, enhancing
Throughout 2025, Bank Jatim was able to adequately maintain organizational resilience, and ensuring that business activities
its business continuity. This condition was supported by a are conducted in a sound, prudent, and sustainable manner.
strong capital structure, well-maintained liquidity levels, and
consistently positive business performance throughout the Assessment Management of Items that
2025 financial year. Have a Significant Influence on Business
Continuity
In the course of its business activities, Bank Jatim faced
several challenges, particularly related to pressure on asset Management has conducted an assessment of various internal
quality, issues in certain credit disbursements, and temporary and external factors that have a significant impact on the
disruptions in operational and digital services. These conditions Bank’s going concern. The assessment covers the evaluation
had the potential to affect the Bank’s business performance, of financial conditions, asset quality, capital adequacy,
service quality, and reputation if not properly managed. liquidity, the effectiveness of governance and internal
However, all such issues were addressed through measured control, operational and information technology reliability,
mitigation actions, including strengthening provisions, as well as developments in economic conditions, regulatory
handling matters internally and through legal processes in requirements, and dynamics within the banking industry.
accordance with applicable regulations, enhancing internal
controls, and improving the reliability of digital systems and Based on the results of this assessment, Management
services. Overall, Management is confident that Bank Jatim considers that Bank Jatim has sufficient capacity to maintain
has sufficient capacity to sustain business continuity and to its business continuity. Although there are several challenges
continue its operations on a going concern basis. that require close attention, Bank Jatim continues to be
supported by adequate capital and liquidity positions, the
Potentially Influential Significant to implementation of prudent risk management practices, and a
Business Continuity sustained commitment to strengthening governance, internal
controls, and operational resilience. Accordingly, Management
The going concern of Bank Jatim is influenced by various is confident that Bank Jatim is able to continue its business
internal and external factors that need to be managed carefully activities in a sound, appropriate, and sustainable manner.
and on an ongoing basis. From an internal perspective, key
factors include asset quality and credit risk management, the Assumptions Used by Management in
effectiveness of governance and internal control, operational Conducting the Assessment
and information technology reliability, as well as capital
adequacy and liquidity. These factors have a direct impact on In performing the going concern assessment, Management
the stability of business performance, the Bank’s ability to meet assumes that Bank Jatim has sufficient capacity to continue its
its obligations, and Bank Jatim’s capacity to sustain healthy business operations on a sustainable basis. This assumption is
and sustainable business growth. based on adequate capital and liquidity positions, manageable
asset quality, effective implementation of risk management
From an external perspective, the Bank’s going concern and internal control systems, as well as the Bank’s ability to
is influenced by macroeconomic conditions, interest comply with regulatory requirements and maintain normal
rate dynamics, changes in regulatory requirements, and business operations.
developments in technology and cybersecurity risks within the
banking industry. These external factors may affect borrower In addition, Management assumes that various risks and
resilience, funding costs, levels of competition, as well as challenges that may affect business activities can still be
compliance requirements and the strengthening of the Bank’s adequately mitigated through prudent management actions,
control systems. strengthened governance practices, and readiness to respond
to potential business pressures. Based on these assumptions,
In response to these factors, Bank Jatim continues to implement Management believes that there are no material uncertainties
mitigation measures through strengthening risk management, that would raise significant doubt regarding Bank Jatim’s
enhancing governance, maintaining adequate capital and ability to maintain its going concern.
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Annual Report
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Governance Framework, Management, • Special relationships for Public Company Taxpayers
and Control of Taxation Aspects include:
- Controlling shareholder; and/or
Bank Jatim’s approach to taxation is based on full compliance - Major shareholders, as regulated in the
with all applicable tax regulations. The Bank has established tax provisions of laws and regulations in the capital
policies and strategies that are approved and reviewed by the market sector.
Director of Finance, Treasury, and Global Services as part of the b. Each Party may only own shares of less than 5% of the
Annual Corporate Income Tax Return (SPT Tahunan PPh Badan) total shares issued and fully paid up;
reporting process. This tax strategy is reviewed annually by the c. These provisions must be fulfilled within a minimum
Director of Finance, Treasury, and Global Services. period of 183 calendar days within a period of 1 Tax
Year; and
To ensure effective tax governance and control, Bank Jatim has d. Fulfillment of the requirements is carried out by Public
implemented a structured and comprehensive tax management Company Taxpayers by submitting reports to the
process, including: Directorate General of Taxes.
1. The executive body responsible for implementing tax
strategies is the Director of Finance, Treasury, and Global In line with the provisions above, Bank Jatim can obtain a rate of
Services. 3% lower than the general Corporate Income Tax rate of 22%,
2. The Bank embeds its tax approach within the organization so that the tax rate used in calculating the Bank’s Corporate
through the implementation of Standard Operating Income Tax is 19%.
Procedures (SOP) for Taxation, Tax-accommodating
application systems, and awareness initiatives through The most important stakeholder in taxation is the government,
training and socialization programs. through the tax office. Therefore, Bank Jatim consistently
3. Identification, management, and monitoring of tax risks maintains good relations with the tax authorities. Bank
are carried out through continuous monitoring and Jatim complies with all laws and regulations issued by the
reconciliation by the Tax Group and relevant work units. tax authorities. In its operational activities, Bank Jatim
4. Corporate Income Tax calculations are carried out by Tax has implemented Good Corporate Governance (GCG) in a
Consultants and audited by KAP. transparent and accountable manner, particularly in managing
its tax rights and obligations. These rights and obligations are
As a domestic corporate taxpayer, Bank Jatim is entitled to carried out in line with applicable regulations.
government incentives in the form of tax relief. This is in line with
the Regulation of the Minister of Finance Number 40 of 2023 However, in its engagement with tax authorities, Bank Jatim
concerning the Form and Procedures for Submitting Reports does not employ an advocacy approach to taxation. On the
and the List of Taxpayers to Fulfill the Requirements for Income other hand, regarding its approach to external stakeholders,
Tax Rate Reduction for Domestic Corporate Taxpayers in the particularly suppliers, Bank Jatim’s process for gathering and
Form of Public Companies. Domestic corporate taxpayers can considering suppliers’ views and concerns involves holding
receive a 3% rate reduction with the requirements as stated in discussions with them to address each party’s tax rights and
Article 3: obligations.
1. In the form of a Public Company;
2. With the total number of shares traded on the stock Bank Jatim operates solely in Indonesia, therefore, its tax
exchange in Indonesia being at least 40%; and reporting is only for Indonesia, and there is no income from
3. Meeting certain requirements: intra-group transactions with other tax jurisdictions. Every
a. Shares must be owned by at least 300 Parties; year, Bank Jatim consistently fulfills its obligations to the state
• Three hundred parties who own shares of less than by paying taxes. In 2025, Bank Jatim paid IDR775,625 million
5% do not include: in taxes, an increase compared to IDR747,026 million in 2024.
- Public Company Taxpayers who buy back their Furthermore, there is no difference between the corporate
shares; and/or income tax payable on profit/loss and the tax payable. The tax
- Those who have a special relationship as payments are as follows:
regulated in the Income Tax Law with Public
Company Taxpayers.
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Management Discussion and Analysis
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Table of Tax Payment
(in IDR millions)
Tax Description 2025 2024
Income Tax Article 21 196,139 228,546
Income Tax Article 23 7,854 8,234
Corporate Income Tax Article 25 381,448 317,125
Income Tax Article 26 4,282 8,909
Final Income Tax Article 4 (2) 175,108 176,482
Value-Added Tax (VAT) 5,879 3,005
Stamp Duty Tax 4,916 4,725
Total 775,625 747,026
Response to Changes in Monetary Policy
Direction
Throughout 2025, global economic growth generally weakened In 2026, Indonesia’s economy is projected to maintain growth of
compared to previous years, although it did not enter a full- around 5% or more, supported by strong domestic consumption,
blown global recession. Overall global economic activity rising investment, and maintained macroeconomic stability.
continued to grow, but not as strongly as in the post-pandemic Projections from various international institutions indicate that
or pre-pandemic periods, due to global demand constraints this performance is relatively better than many other countries
and policy uncertainty. Global inflation trended downward but still facing a global slowdown. Key opportunities come from
remained a concern in some advanced economies. The OECD increased investment in infrastructure and downstream natural
reported a downward trend in inflation from post-pandemic resource industries, strengthening the energy and commodities
peaks, partly due to previously tight monetary policies. sectors, and accelerating digital transformation, which will
However, inflationary pressures persisted in some countries, boost productivity and economic inclusion. The demographic
holding back some central banks from immediately cutting bonus, with a predominance of productive-age individuals, is
interest rates despite slowing growth. These differences across also a key factor supporting domestic demand and medium-
countries reflect the complex dynamics between inflation term growth.
and economic growth. Overall, while the world economy did
not experience a full-blown recession, it remained in a slower However, this positive outlook remains clouded by global
growth phase and vulnerable to external shocks—making 2025 economic uncertainty, including financial market volatility,
a challenging year for policymakers, market participants, and the direction of global interest rate policy, and a potential
global investors. slowdown in international trade. Therefore, Indonesia’s success
in capitalizing on the opportunities in 2026 depends heavily on
Nevertheless, throughout 2025, the Indonesian economy consistent fiscal and monetary policies, accelerated structural
demonstrated resilience despite increasing global economic reforms, and the ability to attract high-quality investment.
pressures due to slowing international trade, uncertainty over By maintaining stability and strengthening economic
global economic policies, and geopolitical conflicts affecting competitiveness, Indonesia has the opportunity to maintain
capital flows. The government and monetary authorities solid growth while increasing resilience to external shocks.
emphasized that economic fundamentals remain strong. The
World Bank stated that the Indonesian economy continued to Meanwhile, amidst global economic conditions still
show moderate growth of around 5.0% amid global uncertainty, overshadowed by slowing growth, geopolitical uncertainty,
supported by domestic consumption, private credit, and solid and financial market volatility, Indonesia still has relatively
investment. Accommodative fiscal and monetary policies strong economic opportunities. This resilience is supported
helped maintain fiscal discipline and control inflation. The by substantial domestic consumption, stable inflation and
Central Statistics Agency (BPS) recorded that the Indonesian the financial system, and the role of investment—particularly
economy grew 5.11% throughout 2025, with strong growth in infrastructure, natural resource downstreaming, and the
in the fourth quarter indicating the economy remains solid digital sector—as key drivers of growth. An economic structure
despite slowing capital flows and global demand. that relies more on domestic demand makes Indonesia
348 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
less vulnerable to weakening global trade than many other In 2026, Bank Indonesia’s (BI) policy direction generally remains
countries, so economic growth still has the potential to remain focused on a balance between maintaining macroeconomic
in the range of around 5% in 2026. stability and promoting economic growth (pro-stability and
pro-growth). BI collaborates with the government and relevant
However, these opportunities remain dependent on the ability authorities to maintain inflation within the 2.5±1% target
of the government and monetary authorities to maintain range, stabilize the rupiah exchange rate through market
macroeconomic stability while accelerating structural reforms. intervention and foreign exchange operations, and maintain
Challenges such as fluctuating global capital flows, changes adequate foreign exchange reserves amidst global uncertainty.
in interest rate policies in developed countries, and pressure Furthermore, the central bank is considering room to lower
on exchange rates can impact investment performance the BI Rate if inflation prospects remain manageable, while
and domestic financial markets. Therefore, strengthening expanding pro-market liquidity and encouraging credit growth,
fiscal-monetary policy coordination, enhancing industrial as well as accelerating the digitalization of the payment system
competitiveness, and expanding the digital economy and and deepening of the money and foreign exchange markets
financial inclusion are key to Indonesia not only surviving as part of its support for the medium-term national economic
global uncertainty but also capitalizing on the momentum for transformation.
higher-quality long-term growth.
Currently, Bank Jatim is actively responding to the movements
In 2026, the Federal Reserve’s (The Fed) policy, the United in Bank Indonesia’s benchmark interest rate by adjusting
States’ central bank, is expected to remain highly data- deposit and lending rates selectively, as determined in ALCO
dependent and focused on maintaining a balance between meetings. These adjustments are made while ensuring
price stability and economic growth. At its early 2026 meeting, alignment with Bank Jatim’s 2025 performance targets.
the Fed decided to hold its benchmark interest rate at around Additionally, the bank is reinforcing its strategy through
3.5%–3.75%, reflecting that inflation remains low but remains optimizing loan volume growth, maintaining a balanced fund
above target, while the labor market is relatively stable, composition and cost of funds (COF), increasing revenue from
prompting the central bank to adopt a wait-and-see approach fee-based income transactions, and improving overall cost-
to assessing subsequent economic data. efficiency in overhead expenses.
Looking at policy projections throughout the year, some
analysts and market data predict the potential for one or two Prohibitions, Limitations, and/
gradual rate cuts in 2026, with the final range for the federal or Significant Constraints on Fund
funds rate around 3.125%–3.375%, if inflation continues to Provision Between the Bank and Other
decline and economic growth moderates. However, this view is Entities Within a Business Group
not absolute: some Fed officials are inclined to hold the current
rate for longer until there is clearer evidence that inflation is Bank Jatim as a financial intermediation institution has
moving toward the 2% target, while changes in leadership and guidance in running its business, one of which is related to
the dynamics of the US economy could influence the direction providing funds to related parties. Bank Jatim in providing
of decisions throughout the year. funds to related parties is subject to the Regulation of the
Financial Services Authority of the Republic of Indonesia
On the other hand, the main challenges facing the banking Number 32/ POJK.03/2018 concerning the Maximum Credit
sector in 2026 are expected to stem from a combination Limit (BMPK) and Provision of Large Funds for Commercial
of global economic uncertainty, interest rate volatility, and Banks as amended by POJK Number 38/POJK.03/2019. The
pressure on credit quality amidst moderate growth. Changes in Maximum Limit for Providing Credit, hereinafter abbreviated to
the direction of global monetary policy—including the cautious BMPK, is the maximum percentage of funds provided against
stance of major central banks—could trigger fluctuations in the Bank’s capital for providing funds to related parties as well
capital flows and exchange rates, impacting liquidity, and as against the core capital ( tier 1) of the Bank for providing
the cost of funds in banks. Domestically, banks also face the funds to other than related parties.
risk of increased non-performing loans in sectors sensitive
to the economic slowdown, demands for accelerated service Provision of Funds to Related Parties
digitalization and cybersecurity, and the need to maintain
capital and operational efficiency to remain competitive. The portion of the Portfolio Providing Funds to Related Parties
Therefore, strengthening risk management, diversifying with the Bank as a whole, according to OJK regulations, is set
revenue sources, and technological innovation are key to at a maximum of 10% (ten percent) of Bank Capital, where what
maintaining banking stability and supporting economic growth is meant by related parties is:
in 2026.
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Management Discussion and Analysis
04 on Bank Performance
1. Individuals or companies who control the Bank; 15. Other companies in which there is an interest in the form of
2. Legal Entity in the case where the Bank acts as controller; share ownership of 10% (ten percent) or more, independently
3. The Company, in the case of an individual or company as or jointly, of the parties as intended in point 5.
intended in letter a, acts as the controller;
4. Members of the Board of Directors, members of the Board In accordance with the explanation regarding related parties
of Commissioners, and Bank Executive Officers; above, the provision of credit to Directors and Commissioners is
5. Parties who have horizontal or vertical family relationships: also included in provision to Related Parties where the provision
a. From individuals who control the Bank as intended in of credit to Directors and Commissioners must obtain approval
letter a; And from the Board of Commissioners. Funding to Related Parties
b. From members of the Board of Directors and/or has been regulated by the Financial Services Authority (OJK)
members of the Board of Commissioners at the Bank and Company regulations, namely the Bank Jatim Minimum
as referred to in letter d; Credit Limit Policy. The provisions and procedures for granting
6. Members of the Board of Directors and/or members of credit to the Board of Directors and Board of Commissioners
the Board of Commissioners in the company referred to in apply the same as granting credit to prospective Bank Jatim
point 1, point 2, and/or point 3; debtors in general and are given fairly and in accordance with
7. Companies whose members of the Board of Directors and/ market interest ( at arm’s length basis and at market rates )
or members of the Board of Commissioners are members while still paying attention to the principle of prudence. Apart
of the Board of Commissioners of the Bank; from that, there are also provisions regarding other parties that
8. Companies where 50% (fifty percent) or more of the are regulated, namely:
members of the board of directors and/or members 1. Bank Banks are prohibited from providing Funds to Related
of the board of commissioners are directors and/or Parties which are contrary to general Fund Provision
commissioners of the company as referred to in point 1, procedures.
point 2 and point 3; 2. Banks are prohibited from providing Funds to Related
9. Companies that: Parties without the approval of the Bank’s Board of
a. Members of the Board of Directors, members of the Commissioners.
Board of Commissioners, and/or Bank Executive 3. Banks are prohibited from purchasing low quality assets
Officers as referred to in letter d act as controllers; And from Related Parties.
b. Members of the Board of Directors and/or members 4. In the event that the quality of Fund Provisions to Related
of the Board of Commissioners from the parties as Parties declines to become substandard, doubtful or Loss,
referred to in point 1, point 2, and/or point 3 act as the Bank is obliged to take remedial steps to improve it by:
controllers; a. Credit repayment no later than 60 (sixty) days after the
10. Collective Investment Contract where the Bank and/or decline in the quality of Fund Provisions; and/or
parties as referred to in letters a to letter I own 10% (ten b. Carry out Credit restructuring since the quality of Fund
percent) or more shares in the investment manager of the Provisions has decreased.
collective investment contract; 5. In the event that the Bank provides Funds in the form of
11. Companies that have financial relationships with Banks Capital Participation which results in the party in which the
and/or parties as referred to in points 1 to 10; Bank makes the Capital Participation becoming a Related
12. The borrower is an individual or non-bank company that Party, the Bank is obliged to ensure:
has a financial relationship through providing guarantees a. The Fund Provision Plan is set at a maximum of 10%
to parties as intended in points 1 to 11; (ten percent) of Bank Capital;
13. Borrowers who have financial relationships through b. Provision of Funds that will be and have been provided
guarantees provided by parties as referred to in points 1 to to parties in which the Bank makes Capital Investments
11; after adding the entire portfolio of Provision of Funds
14. Other banks that have financial relationships through to related parties is set at a maximum of 10% (ten
providing guarantees to parties as intended in points 1 to percent) of the Bank’s Capital; And
11 in the event that there is a counter guarantee from the c. Fulfill the provisions as intended in points 1,2 and 3.
Bank and/or parties as intended in points 1 to 11 to the other
Bank; and
350 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Provision of Funds to Other Than Related d. Securities sold with an agreement to repurchase (repo);
Parties e. Receivables for securities purchased with an agreement to
resell ( reverse repo);
1. Provision of Funds to 1 (one) Borrower other than a Related f. Acceptance bill;
Party or 1 (one) Group of Borrowers other than a Related g. Credit;
Party. h. Equity capital;
2. Banks are obliged to determine the classification of i. Temporary capital investment;
Borrowers in a group of Borrowers in the event that j. Administrative account transactions ; and
the Borrower has a controlling relationship with other k. Other forms of providing funds that can be equated with
Borrowers through ownership, management and/or f letters a to j.
inancial relationships,
3. Ownership, management and/or financial relationships as Provision of Bank Funds to BUMN for development purposes is
referred to in paragraph (1) include the following criteria: set at a maximum of 30% (thirty percent) of Bank Capital.
a. The Borrower is the controller of other Borrowers;
b. 1 (one) same party is the controller of several Credit Risk Mitigation Techniques
Borrowers;
c. 50% (fifty percent) of members of the Board of Directors Bank Jatim is obliged to apply the MRK (Credit Risk Mitigation)
and/or members of the Board of Commissioners of the technique which meets certain requirements in calculating
Borrower become members of the Board of Directors LLL in the event that Bank Jatim recognizes the existence of
and/or members of the Board of Commissioners of collateral, guarantees, guarantees or credit insurance as a MRK
other Borrowers; technique in calculating weighted assets according to standard
d. The Borrower has a financial relationship with another approach credit risk. The application of the MRK Technique
Borrower; and/or as referred to applies in the event that the Borrower and
e. The Borrower has a financial relationship in the form of Guarantor or collateral issuer are other than Related Parties.
issuing a guarantee to take over and/or pay off part or
all of the other Borrower’s obligations in the event that Certain LLL Treatment
the other Borrower fails to fulfill its obligations to the
Bank. Sometimes LLL calculations can be done, including:
4. Borrower group classification does not apply to: 1. Provision of Funds to the Central Government;
a. Fund Provision Facilities provided by the Bank to 2. Placement with Bank Indonesia; And
debtors in general Bank business activities; And 3. Purchase of Securities issued by the Government of the
b. Provision of guarantees by insurance companies, Republic of Indonesia and/or Bank Indonesia;
guarantee companies, the Government of the Republic 4. Provision of funds that obtain guarantees from the
of Indonesia, and/or governments of other countries. Government of the Republic of Indonesia;
c. Providing credit to debtors through companies using 5. Provision of export-oriented funds to financial institutions
the forwarding method; that meet certain requirements;
d. Providing Credit using a core-plasma partnership 6. Provision of funds that obtain guarantees from financial
pattern with a core company scheme guaranteeing institutions that meet certain requirements;
Credit to the plasma; 7. Part of the Provision of Funds which is guaranteed by
e. Provincial Government and Regency/City Government certain collateral and meets certain requirements;
as well as between each Regency/City Government. 8. Part of Providing Funds to Borrowers who obtain guarantees
from Prime Bank as long as the guarantees provided meet
The Fund Provisions that are taken into account in the LLL the requirements;
calculation and Large Fund Provisions are all Fund Provisions 9. Provision of funds which have become a capital reduction
in the banking book and trading book positions. The carrying factor as intended in the Financial Services Authority
value used to calculate Provision of Funds is the carrying value Regulation which regulates the obligation to fulfill minimum
of assets plus interest claims that have not been received, if any, capital.
before deducting the allowance for losses, decreasing the value
of assets according to accounting standards. The provision of
funds is the investment of Bank funds in the form of:
a. Placement;
b. Derivative transactions;
c. Securities;
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Management Discussion and Analysis
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Legal Lending Limit (LLL) Exceeding
Provision of Funds by Banks is categorized as Exceeding LLL caused by:
1. Decrease Capital or Core Capital ( tier 1) of the Bank;
2. Changes in exchange rates;
3. Changes in fair value;
4. Business mergers, changes in ownership structure and/or changes in management structure which cause changes in Related
Parties and/or Borrower groups; and/or
5. Changes to the provisions for Determining Borrowers in the LLL Exceeding calculation are carried out in accordance with the
provisions for calculating the Provision of Funds and are calculated based on the value recorded on the report date.
Table of Total Provision of Funds to Related Parties and Large Debtors
Total 2025 Total 2024
No Provision of Funds
Number of Nominal Number of Nominal
Account (NoA) (in IDR million) Account (NoA) (in IDR million)
1 To Related Parties 217 633,865 168 94,501
2 To 50 Core Debtors
Individual 50 10,417,085 50 7,681,122
Group - - - -
Total Core Debtors 50 10,417,085 50 7,681,122
Table of Total Provision of Bank Funds to Related Parties
2025 2024
Description
Nominal Nominal
(in IDR million) (in IDR million)
Capital at Report Date 12,924,882 11,600,811
LLL (10% of Capital) on Report Date 1,292,488 1,160,081
Outstanding Related Parties 633,865 94,501
LLL concessions 0 0
LLL exceedance 0 0
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Transaction Spot and Derivative Transactions
Derivative instruments are financial contracts whose value is derived from changes in the value of underlying assets such as foreign
currencies, interest rates, commodities, or price indices. Derivative receivables are classified as financial assets at fair value through
profit or loss, while derivative liabilities are classified as financial liabilities at fair value through profit or loss. Derivative instruments
are presented at fair value, which is determined based on market prices using the Revised exchange rate at the reporting date
or the discounted cash flow method and recorded in the consolidated statement of financial position. Derivative receivables are
presented at the amount of unrealized gains from derivative contracts, net of allowance for impairment losses. Derivative liabilities
are presented at the amount of unrealized losses from derivative contracts.
Table of Spot Transaction and Derivative Transaction Report
(in IDR million)
No Transaction Derivative Receivables Derivative Liabilities
A. Related To Exchange Rates
1. Spot - -
2. Forward - -
Option - -
3. a. Sell - -
b. Buy - -
4. Future - -
5. Swap 2,164.50
6. Others - -
B. Related To Interest Rate
1. Forward - -
Option - -
2. a. Sell - -
b. Buy - -
3. Future - -
4. Swap - -
5. Others - -
C. Others
Total 2,164.50 -
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Annual Report
01 Performance Highlights
The Board of Directors’s and
02 The Board of Commissioners’
Report
03 Company Profile
Management Discussion and
04
Analysis on Bank Performance
05 HumanCapital
Human Capital
06 Information Technology
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference Index
10 Financial Statements
Human Capital
354 PT Bank Pembangunan Daerah Jawa Timur Tbk
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PT Bank Pembangunan Daerah Jawa Timur Tbk 355
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Human
05 Capital
Human Capital
Management Strategy
Bank Jatim has a Human Capital development strategy by transforming Human Capital into superior, independent, competitive
and professional Human Capital. Building a supporting process for Governance, Risk & Compliance (GRC), and strong capital,
accompanied by quality resources with a good work culture and a reliable information system in managing competency-based
Human Capital management, Bank Jatim carries out Human Capital development which includes:
1. Workforce fulfillment in accordance with organizational 11. Digitalizing user administration processes, including
needs based on the organizational structure and aligned requests, deactivation, and handover of user access for
with the Bank’s business plan, through employee employees undergoing transfers or retirement.
recruitment programs, including regular hiring, ODP, Pro 12. Implementing a Self-Service Employee Leave Allowance
Hire, as well as internship programs. system, aimed at providing leave allowances to employees
2. Career Development Program based on performance, taking a block leave of at least three (3) working days.
competence, experience and other criteria, to ensure that Employees may submit leave allowance requests after
all employees get the same opportunity (fair opportunity) recording their block leave in the EHC application.
to develop their careers. 13. Developing the Jatimers Communities Dashboard, aimed
3. Conducting periodic competency assessments every at providing visibility over budget allocation, realization,
two (2) years for all officials from echelon 1 to echelon and remaining budget, as well as information on Jatimers
4, to measure the alignment between the competencies Communities (including membership size, leadership, and
possessed by each official and the competency annual work programs), tax reports on benefits in kind, and
requirements established by the Company. a homepage displaying employees’ activities, all of which
4. Enhancing employee competencies by taking into account are currently managed manually.
the results of the assessments through training programs, 14. Establishing a Workforce Discipline Monitoring Dashboard
where competency gaps are identified among officials from to enable real-time monitoring of employee discipline
echelon 1 to echelon 4. levels.
5. Improving the education and training system for all 15. Implementing a fairer and more objective Employee
members of management and employees in order to Performance Management System across all work units.
support the achievement of the Bank’s performance 16. Enforcing strict Reward and Punishment mechanisms for
targets. all employees in accordance with applicable regulations
6. Developing and optimizing learning facilities and and laws, in order to create a deterrent effect for both
infrastructure to support the improvement of quality and violators and the workforce as a whole.
competencies, as well as ensuring equitable access to 17. Conducting employee engagement surveys to measure
education and training for all employees. employees’ level of engagement with the Company by
7. Enhancing competencies, optimizing, and evaluating the considering various satisfaction factors received from
role of internal lecturers in driving the achievement of the the Company, as well as the dedication contributed by
Bank’s vision and mission through education and training employees. The survey is conducted via the e-Human
activities. Capital mobile application and distributed to all employees.
8. Menyempurnakan sistem remunerasi Pekerja yang 18. Enhancing employees’ understanding of the use of the
kompetitif dan berdasar kinerja yang diberikan sesuai feedback feature within the e-Human Capital mobile
dengan kemampuan Bank. application, enabling them to actively express opinions,
9. Centralizing the payment of fixed monthly compensation. share insights, and engage in discussions with the Human
10. Refining policies on the utilization of outsourced personnel Capital Division.
through a contracting system.
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Human Capital Management Strategy Policy
and Implementation
Recruitment
Recruitment and selection of prospective employees are series The recruitment process can be independently performed
of activities to seek and find out potential candidate to occupy by the Bank or in collaboration with consulting services
the vacancy on the organizational structure in the present agencies/ institutions in the human capital sector or Head
and in the future. The philosophy adopted by Bank Jatim in Hunters services, both online and offline or using employee
implementing the recruitment and selection is equality to the provider media platforms. Accordingly, an open recruitment
necessity fulfillment. As for the principles used in conducting is conducted to screen incoming applications and select
the recruitment is preceded by the Human Capital planning applicants who satisfy the required qualifications in order to
process. This is stated in the formation determination with be included in the selection process. Applications included
employee planning that elaborates the numbers of employees in the verification process can be consulted with consulting
needed, including the level of competencies and skills services agencies/ institutions in the human capital sector or
needed to fill available positions, as well as the timing and Head Hunters service and matched with previously determined
implementation of such recruitment activities. qualifications. After verification, applicants who satisfy the
The types of recruitment implemented by Bank Jatim include: qualifications are invited for selection.
1. Regular Employee Recruitment.
2. Experienced Hire Recruitment (Pro Hire/ Multilevel Entry). The selection process of prospective employees follows the
3. Career Transition Program (Crash Program). following standard consisting of several stages, as follows:
4. Officer Development Program (ODP). 1. Clearance test.
5. Recruitment of Employees with Disabilities. 2. Product knowledge Bank test.
3. Psycho-test assessment and/or competency-based
The recruitment sources utilized by Bank Jatim are derived from interview.
both internal and external channels. Internal sources include 4. User interview.
individuals already employed by the Bank, either as permanent 5. Medical test
employees or as outsourced personnel from service providers
collaborating with Bank Jatim, as well as participants from the The mechanism of admission decision making is implemented
Jatimers Internship Program (JIP) and fixed-term contract by using multiple hardless model approach or knockout
employees (PKWT). External sources refer to candidates from system. Moreover, the admission can also be carried out with
outside the Bank who are not yet employed by the Bank, other systems according to the needs and it is the authority of
recruited particularly for their outstanding achievements to the chief of Human Capital Division by considering the status of
support and enhance the Bank’s corporate image. applicants’ individual loan collectability.
Generally, the criteria in the selection process include: After performing a series of selection and acceptance
1. Undergraduate/Graduate criteria for structural position processes, employment is executed with an employment
with specific expertise. Undergraduate (S1) is for contract as a probation period so that the status is a specific
administrative staff with career prospects and Senior High work agreement (TKIK). The employment contract contains the
School/ Vocational School is for non-administrative staff. rights and obligations of the Bank and the concerned employee
2. Work experience supporting value added in the selection and binding on each party until the employment contract ends
process. or a decision on a permanent employee appointment is issued.
3. Health condition with following criteria, such as physically
and mentally health and free of drugs.
4. Personality including personal characteristics, such as age,
sex, and marital status depending on the available vacancy
formation.
5. Competency assessed through assessment process in
accordance with the Bank’s competency dictionary.
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Human
05 Capital
The authority of employment contract signatory is regulated as follows:
Entry Level Position Signatory Officials of Employment Contract
SEVP Director subordinating function of Human Capital/Director of Employment Division.
ESELON 1,2, and 3 SEVP subordinating Human Capital
ECHELON 4, IMPLEMENTERS and INTERNS Vice President Human Capital
The term of the employment contract is adjusted to needs and subsequently evaluated for performance evaluation during
can be extended as long as it does not violate with statutory. 6 (six) months as a condition for appointment of prospective
Any employee who has signed an employment contract is employees. Prospective employees will also perform a
required to participate in and pass all education and training performance evaluation for 6 (six) months before appointed as
programs prepared by the Bank. Also, any employee who does permanent employees. The appointment mechanism for non-
not satisfy the requirements of passing the education and regular employees is separately regulated and adjusted to the
training program, the employment contract will be terminated. occupied position.
Mainly for the recruitment of experienced employees, they can
be assigned directly in work units as required, while education Implementation of Recruitment
and training programs are conducted in parallel between
working hours. In 2025, Bank Jatim conducted recruitment activities, hiring a
total of 36 (thirty-six) new employees with competencies in the
For the mechanism of regular employees appointment, Information Technology Directorate and through the Officer
employees who have signed and had the TKIK status will be Development Program (ODP).
Competency Development
Policy
Bank Jatim is committed to improving the capabilities and abilities and competencies needed to achieve organizational
competencies of human resources (HR) through sustainable goals and improve company performance. Bank Jatim is
competency development. The competency development committed to providing competency development to all
policy at Bank Jatim is focused on improving technical, employees by giving them equal opportunities regardless their
managerial, and leadership capabilities. The implementation position level, education, or gender.
of competency development is carried out through various
programs, such as training, workshops, and career development. Competency Development Implementation
Bank Jatim also collaborates with leading HR training and
development institutions to ensure that the competency The implementation of competency development can be
development programs offered are relevant and effective. referred to in the Company Profile chapter.
Thus, Bank Jatim can ensure that its human resources have the
Career Development
Policy
Bank Jatim realizes that Human Resources (HR) is one of the bank’s ‘assets’ that plays a role in the progress and development of Bank
Jatim itself. In the increasingly tight business competition between banks, professional HR is needed. To obtain professional HR, a
systematic, consistent and quality education, training and development program for employee competencies is needed. Bank Jatim
develops an education, training, development and maturation program for prospective leaders who have an impact on positions
358 PT Bank Pembangunan Daerah Jawa Timur Tbk
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(civil effect) where participants must have high motivation, Career programs are opened according to projected needs
dedication and integrity, be creative and innovative and have for a vacant position with the determination of formations
in-depth knowledge and understanding of their field of duty to that have been issued by the responsible unit regarding the
achieve a position as senior management. Organizational Structure and Network.
The career development program at Bank Jatim is divided Career Development Implementation
into 5 programs that follow the existing echelon levels, these
programs are: The implementation of career development at Bank Jatim is as
A. Jatimers Leadership Development Program Executive follows:
(JLDP Executive) – is a tiered career path development a. Jatimers Leadership Development Program (JLDP) 1
program to fill the SEVP position for potential Echelon 1 Throughout 2025, the Jatimers Leadership Development
employee. Program (JLDP) 1 was conducted in the first and third
B. Jatimers Leadership Development Program 1 (JLDP 1) – is quarters as part of the Bank’s strategy to strengthen
a tiered career path development program to fill echelon 1 talent succession and accelerate leadership development.
positions for potential echelon 2 employee. Through this program, promotions were carried out for
C. Jatimers Leadership Development Program 2 (JLDP 2) – is employees from Echelon 2 to Echelon 1.
a multi-level career development program to fill echelon 2 b. Jatimers Leadership Development Program (JLDP) 2
positions for potential echelon 3 employee. Throughout 2025, JLDP 2 was implemented in the first
D. Jatimers Leadership Development Program 3 (JLDP 3) – is and third quarters to fulfill staffing needs at the Echelon
a multi-level career development program to fill echelon 3 2 level through promotion mechanisms and participant
positions for potential echelon 4 employee. evaluations.
E. Jatimers Leadership Development Program 4 (JLDP 4) – is c. Jatimers Leadership Development Program (JLDP) 3
a multi-level career development program to fill echelon 4 In the third quarter of 2025, the Human Capital Division
positions for potential implementing employee. organized a Job Opening for the Jatimers Leadership
Development Program (JLDP) 3, which was open to Echelon
The requirements that must be met to participate in the Career 4 employees who met the criteria and requirements
Management Program are: stipulated in the Career Development SOP.
1. General administrative requirements. Subsequently, in the fourth quarter, a series of General
2. Get a positive recommendation from the Business Unit Knowledge Tests, Assessments, and Internal Interviews
Leader and take the assessment and get a positive were conducted for eligible participants, followed by
recommendation from the assessor. Capacity Building training for those who successfully
3. For the promotion of officials to echelon 1 and 2, it is passed the selection process, as part of strengthening
mandatory to obtain a positive recommendation from the leadership competencies.
Personnel Management Committee. d. Jatimers Leadership Development Program (JLDP) 4
In the fourth quarter, a Job Opening for the Jatimers
Leadership Development Program (JLDP) 4 was conducted,
aimed at staff-level employees who met the criteria and
requirements set forth in the Career Development SOP, as
part of early-stage leadership talent development.
Performance Assessment
As an effort to ensure employee performance achievement factors in determining the calculation of production services. In
that can support the achievement of company targets, Bank addition to calculating production services, KPI is also used for
Jatim has implemented a performance management system employee career ladder programs.
in the form of the Balance Scorecard method. This application
is created to facilitate the process of monitoring and reporting There are 4 (four) perspectives in the KPI Scorecard, namely:
employee Key Performance Indicator (KPI) achievements. 1. Financial
The goal is to evaluate employee performance at Bank Jatim. 2. Internal Bussines Proces
The KPI Scorecard application is used as supporting data for 3. Customer
performance assessments which are one of the important 4. Learning and Growth
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Human
05 Capital
The performance system assessment is based on 2 (two) components, namely the main performance targets (KPI) and Soft
Competencies with a percentage value weight for each component of 100%. From the percentage value weight, the final results of
the performance assessment are obtained with the following assessment categories:
Scoring Category Score
Outstanding 4.26 – 5.00
Exceed Expectation 3.51 – 4.25
Meet expectation 3.00 – 3.50
Below Expectation 1.50 – 2.99
Poor 0.00 - 1.49
Remuneration
Policy
The Competency-Based Remuneration System used by Bank must consider a balance between the rewards given and the
Jatim is the Grading System, where remuneration will be output, namely the performance produced by employees.
divided according to the grade of each position. The grading Competency-based remuneration must consider 3 (three)
of each position is carried out according to the demands of the factors, namely individuals, positions and performance. The
workload and responsibilities of each position. Determination of grading system adopted by Bank Jatim has adopted 2 (two)
the grading level of each position is carried out by job evaluation factors, namely individual competencies known as personal
based on the job profile consisting of job requirements and job grades and positions known as job grades. The grading and
descriptions. The grading of each position is also followed by remuneration system is expected to be able to improve
the determination of its remuneration. employee performance so that the Bank’s performance can
ultimately be achieved. The grading system currently in effect
The Human Capital Division collaborates with external at Bank Jatim consists of:
parties in determining the grade of each position, namely a. Echelon Level
GML Performance Consulting, to be more independent in b. Personal Grade
conducting assessments. Competency-based remuneration c. Job Grade
The following is the grading system structure at Bank Jatim:
Personal Job
Corporate Title Echelon Position
Grade Grade
Senior Executive Vice President SEVP G2
(SEVP) 18
G1
Vice President (VP) Eselon 1 17 • Vice President F3
• Main Branch Leader
16 F2
15 F1
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Personal Job
Corporate Title Echelon Position
Grade Grade
Assistance Vice President (AVP) Eselon 2 14 • Class 1, 2, 3 Covennat Branch Leader E3
• Main Branch Leader
13 • Sharia Leader E2
• Unit Leader
12 • Assistance Vice President E1
Manager (MGR) Eselon 3 11 • Operations Leader D3
• Business Leader
• Credit Leader
10 • Sub Branch Manager D2
• Senior Auditor
9 • Senior Officer D1
Assistant Manager (AMGR) Eselon 4 8 • Supervisor C3
• Functional Office Leader
7 • Auditor C2
• Officer
6 C1
Corporate Title Non-Echelon Personal Grade Position Job Grade
Assistant (ASST) Executor 5 • Staff B3
• Junior Officer
4 • Junior Auditor B2
• Funding Officer
3 • Account Officer B1
• Non Career Employee
2
Basic Employees Basic Employees • Security Guard A2
1 • Driver
• Office Boy A1
Sebagai As the basis for the preparation of governance 4. Financial Services Authority Circular Letter Number 40/
guidelines for providing good remuneration for Management, the SEOJK.03/2016 dated September 26, 2016 concerning
Bank put forward the principles of Good Corporate Governance Implementation of Governance in Providing Remuneration
and referred to the prevailing laws and regulations, including: for Commercial Banks
1. Law Number 40 of 2007 dated August 16, 2007 concerning
Limited Liability Companies; Basically, remuneration was divided into 2 (two) fixed
2. Financial Services Authority Regulation Number 17/ remunerations and variable remunerations. As an
POJK.04/2022 dated September 14, 2023 concerning implementation of the Financial Services Authority Regulation,
Implementation of Governance in Providing Remuneration Bank Jatim determined the parties to be Material Risk Takers,
for Commercial Banks; consisting of:
3. Financial Services Authority Regulation Number 45/ - President Director
POJK.03/2015 dated December 23, 2015 concerning - Deputy President Director
Implementation of Governance in Providing Remuneration - Directors under the President Director
for Commercial Banks; - Board of Commissioners
The percentage of remuneration that is variable for Bank Management that is not a Material Risk Taker is as follows:
*) Bonus (100%) 100% Given 96% (Cash)
4% (Share)
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Pension Program
Bank Jatim enrolls all employees into pension programs, both 2. Defined Benefit Pension Program (PPMP)
those that are mandatory by law and those that are managed This pension program is managed by the East Java Regional
by the Employee Pension Fund. In. Pension programs provided Development Bank Employee Pension Fund. Program
by Bank Jatim include: participants are all employees who have been appointed
1. Pension Security from the Social Security Organizing Body as permanent employees before August 25, 2012. The
(BP) employer’s contribution is 21.70%, while the employee
Because it is mandatory, all employees must be registered in contribution is 5% of Basic Pension Income (PhDP).
all BP Jamsostek programs starting from Old Age Security 3. Defined Contribution Pension Program (PPIP)
(JHT), Death Security (JKM), Work Accident Benefits (JKK) This pension program is managed by the BRI Financial
and Pension Security (JP). The amount of the Pension Institution Pension Fund (DPLK). All permanent employees
Security (JP) program contribution is calculated at 3%, are included in this pension program, where all Contribution
consisting of 2% of company expenses and 1% of employee will be borne by the employer amounting to 10% of the
expenses from basic salary/personal grade. employee’s basic salary/personal grade.
Employee
Engagement Survey
In terms of refining the implementation of strategies and policies as a means of employees in addressing their aspiration, the
company conducted a survey of employee engagement measurement. The survey of employee engagement was beneficial for either
employees or the company. The given benefits are as follows:
Benefits of Employee Engagement for employees Benefits of Employee Engagement for the Company
1. As a forum for employee aspirations for the company. 1. Companies better understand the need for employee
Employees can provide criticism to the company by filling competency improvement so that the level of engagement
Employee Engagement. Then, this information will become between employees and the company increases.
input for the company in making policies. 2. The company will have employees with positive attitudes
2. Creating new enthusiasm for employees to go to the office. and behaviors. With a positive attitude, of course, it will lead
Employees will always think positively in doing their job to better company growth than the previous year.
and provide ideas for the development of the team and the 3. The company will have employees with positive attitudes
company. and behaviors. With a positive attitude, of course, it will lead
3. Creating strong relationships with each employee. This to better company growth than the previous year.
relationship will also make employees focus on the desired 4. Employee Engagement created more commitment from
achievement, build solid teamwork, and do not forget to employees to the company. The number of absences due
express gratitude and appreciation for the achievements to sick employees was reduced, reducing the number of
between divisions. accidents in the work process, and increasing productivity
4. Eliminating saturated and thoughts from every problem throughout the year.
faced by employees in their lives. This approach can make
employees enthusiastic again as performing work at the The number of respondents who participated was 4,351
company. employees, and the percentage of engaged employees was
76,87%.
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Human Capital
Information System
The digitalization of Human Capital (HC) services represents In collaboration with the Information Technology Directorate,
a transformation from conventional, paper-based/manual the Human Capital Division has undertaken several initiatives
processes to integrated digital technology-based services. to develop employee-related applications, including:
This transformation establishes a digital ecosystem in which 1. The launch of EHC Mobile Application Version 2, featuring a
the entire employee lifecycle, from recruitment to retirement, more modern user interface and additional functionalities,
can be managed automatically, efficiently, and accurately. A including a self-service leave allowance submission feature.
key initiative in this transformation is the development of a 2. The digitalization of Core Banking user administration as
comprehensive Human Capital Information System (HCIS), part of the Bank’s green banking initiative to reduce paper
aimed at shifting from manual administrative processes to usage.
AI-based systems that support more precise and strategic 3. The development of the Jatimers Communities Dashboard
decision-making. as a platform for promoting and monitoring Work-Life
Balance (WLB) activities within Bank Jatim.
4. The establishment of an Employee Discipline Monitoring
Dashboard to enable real-time monitoring of employee
discipline levels.
Culture
Internalization
The journey over the years has become a key milestone in Cultural internalization programs are implemented in a
strengthening the Bank’s transformation efforts and deepening comprehensive and holistic manner through the enhancement
the internalization of its work culture, which is grounded in the of soft skills, internal communication campaigns, and the
core values of EXPRESI (Excellence, Professionalism, Integrity, establishment of cultural role models in each work unit. The
Synergy, and Innovation). These values serve as the primary establishment of these role models has now entered its fifth
guiding principles for all Bank Jatim personnel in their actions, year, marked by the formation of a culture team in each work
collaboration, and in delivering the best services to both unit, consisting of culture agents (staff level), culture boosters
external and internal stakeholders. (Echelon 4 level), and culture leaders (the highest-ranking
leaders at the division, branch, and sub-branch levels). The
In addressing the evolving challenges of the banking industry, presence of culture teams in each work unit is expected to serve
transformation extends beyond digitalization and process as a key driver in the transformation process by accelerating
efficiency to encompass the transformation of mindset and the implementation of the Bank’s values, vision, and change
work behavior. Therefore, through the reinforcement of the strategy. Through their communicative and inspirational roles,
EXPRESI cultural values, the Bank is committed to developing these culture teams are also expected to enhance awareness
high-quality human resources who demonstrate strong and employee engagement across the organization in
integrity, professionalism, and adaptability to change. supporting the Bank’s transformation initiatives.
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Through the internalization of EXPRESI values, the Human Capital Division is committed to serving as a catalyst for the Company to
achieve not only financial success but also to foster a strong, values-driven, and sustainable work culture. Several corporate culture
programs include:
1. AWARDING CULTURE 4. JATIMERS IDEATHON COMPETITION
To confirm the internalization of the cultural values of As a manifestation of its commitment to strengthening
EXPRESI (Excellence, Professionalism, Integrity, Synergy, the value of innovation, one of the pillars of its culture of
and Innovation), the Bank will launch a strategic program, expression, the bank will present the Jatimers Ideathon
the Awarding Culture. This program is a form of appreciation Competition, an innovative ideas competition involving
and recognition for culture teams that consistently all Bank Jatim employees. This program is designed as a
demonstrate success in internalizing and implementing platform to foster creative, collaborative, and solution-
corporate culture values. oriented thinking in addressing business challenges and
improving the company’s performance and services.
Through the Awarding Culture program, Bank Jatim is
committed to fostering a culture of appreciation and shared Through the Jatimers Ideathon Competition, every
pride, where every Bank Jatim employee understands that employee is encouraged to play an active role as a creator
positive behavior aligned with the company culture is of ideas for change, not simply as a policy implementer.
valuable and worthy of recognition. Participants are given the opportunity to propose innovative
ideas that are applicable in the areas of operations, digital
2. CULTURE WORKSHOP FOR CULTURE AGENTS AND services, process efficiency, and improving the customer
CULTURE BOOSTERS experience.
In terms of the cultural transformation journey, the role of
Culture Agents and Culture Boosters is a key element in In addition, the activity not only fosters a culture of
the successful implementation of Bank Jatim’s corporate innovation but also serves as a learning platform across
culture. The Culture Team is not only an extension of business units, where the best ideas can be developed
management, but also a driving force for change, ensuring into concrete projects (pilot projects) that add value to the
that cultural values are truly internalized in the behavior of company.
all Bank Jatim employees.
More than just a competition, the Jatimers Ideathon
To ensure this strategic role is effective, each culture team Competition is an innovative cultural platform that
requires special training and provision. This effort provides strengthens collaboration among employees and fosters
the culture team with a deep understanding of the meaning pride in being part of Bank Jatim, a progressive and
of corporate culture, persuasive communication skills, and adaptive organization that embraces change.
the skills to lead change within their environment.
Through this program, Bank Jatim emphasizes that
3. CULTURE ACTIVATION LEADER innovation is not solely the responsibility of one division,
A Culture Leader is a leading figure in each work unit who but rather the shared responsibility of all Jatimers to
plays an active role in actualizing the company’s cultural continuously create relevant and impactful breakthroughs.
values through concrete actions and daily role models.
The Culture Leader functions as an activator, ensuring that 5. EXPRESI EXPERT CLASS
culture is not only conceptually understood but also truly The Expression Expert Class is a culture empowerment
implemented in work behavior, communication patterns, movement, where employees are encouraged to embody
and decision-making at every level of the organization. the values of excellence in their performance, maintain
integrity in every decision, demonstrate professionalism
The success of a company’s culture is not solely the in their service, and foster synergy and innovation in the
responsibility of one department but rather the collective workplace.
responsibility of all leaders and employees (culture
targets). The Culture Activation Leader program takes the Through the Expression Expert Class, participating
form of: Culture Sharing Sessions, Culture Talks/Cultural employees receive not only theoretical material but also
Inspiration, and Culture Embedding. The Culture Activation practical guidance and direct inspiration from experienced
Leader program also serves as an important bridge in Bank speakers related to competency strengthening, which
Jatim’s transformation process, as it is through culture- encourages employees to think openly, collaborate, and
based leadership that the values of expression can live and innovate.
breathe in every organizational activity.
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6. JATIM IMPROVEMENT MEETING (TIM) Jatimers Daycare provides childcare facilities for
Having the spirit of realizing transformation and employees, ensuring they don’t have to worry about the
strengthening a work culture based on EXPRESI values, the comfort and safety of their children while working.
Jatim Improvement Meeting (TIM) program is an inspiring
gathering for all Bank Jatim employees to share ideas, This program is not just a support service, but also a
foster a spirit of continuous improvement, and strengthen tangible manifestation of the company’s concern for
a sense of togetherness in achieving the company’s vision. Jatimers’ families, creating a warm, productive, and trusting
work environment.
Through the Jatim Improvement Meeting (TIM), employees
are given a space to share experiences, ideas, and The positive impact of Jatimers Daycare is felt on two
innovative solutions that can improve service quality, work fronts:
process efficiency, and the company’s competitiveness. a. For employees, this program provides a sense of calm,
This event is not just an employee gathering, but also a focus, and increased motivation at work. Employees
forum for collaboration and collective reflection, where can perform their duties optimally because their
every Bank Jatim employee can feel proud to be part of an children are in a safe and educational environment.
organization that continues to grow and learn. b. For Bank Jatim, Jatimers Daycare is an important
part of strengthening employee engagement and
More than just a gathering, the Jatim Improvement Meeting loyalty. This program reflects the values of synergy and
(TIM) is part of a celebration of the spirit of change and integrity within Bank Jatim’s culture of expression, and
shared learning, emphasizing that every employee plays a demonstrates that the company values its people as its
vital role in the transformation journey, and the extended primary asset.
Jatimers family, committed to continuous innovation,
integrity, and providing the best service to the East Java 9. JATIMERS WELLBEING CULTURE
community. A part of its commitment to building a healthy, harmonious,
and sustainable work culture, the Bank launches the
7. CULTURAL AMBASSADOR AWARD Jatimers Wellbeing Culture program, an initiative focused
The Cultural Ambassador Award is a form of recognition on improving the physical, mental, and emotional well-
given to Culture Agents and Culture Boosters who being of all Jatimers employees.
consistently demonstrate superior performance and
exemplify the EXPRESI values (Excellence, Professionalism, This program fosters the belief that happy and healthy
Integrity, Synergy, and Innovation). This success is employees are the foundation for achieving superior
measured through the inclusion of a Corporate Culture performance and a strong work culture. Through various
score in the Key Performance Indicators (KPI). activities such as wellness programs, mental health
awareness, and balanced lifestyle education, the Jatimers
8. JATIMERS DAYCARE wellbeing culture ensures that every employee can work
Committed to building a humanistic, inclusive, and with enthusiasm, energy, and a sense of appreciation.
employee-focused work culture, the “Jatimers Daycare”
corporate culture program is an innovation that
demonstrates the company’s commitment to Jatimers’
work-life balance.
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Disclosure of
Information to Employees
As part of its commitment to good corporate governance an integrated platform that serves as a central repository for
standards, Bank Jatim consistently ensures open access to internal documentation, including Product Activity Policies
information for its employees. The Bank provides a Policy & (KPA), Standard Operating Procedures (SOP), Technical
Procedure Portal as an official platform for the dissemination Guidelines, Board of Directors Decrees, Circular Letters, and
and management of internal regulations, ensuring that other applicable internal regulations. Through this portal,
information is delivered to all employees in a transparent, every employee is granted convenient and controlled access to
accurate, and timely manner. The Policy & Procedure Portal is information relevant to their roles and responsibilities.
Human Capital
Management Structure
A reliable, loyal and competent Human Resources is the Human Capital at Bank Jatim is under the President Director
main capital of Bank Jatim to achieve the vision, mission and and lead by Human Capital Division Head. This division consists
business success. Bank Jatim always prioritizes development of the Human Capital Services Sub Division and the Human
HR both individuals and teams and the development of Capital Development Sub Division which have roles in service
Corporate Culture as a business strategy in order to maintain operations, policy formulation and Human Capital development
the best performance in the banking services business. so that it is expected to developt employees who are competent
and have high corporate cultural values.
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Human Capital
Work Plan 2026
As part of its commitment to continuously strengthening human capital management in support of the Company’s growth and
sustainability, various strategic Human Capital programs have been designed for 2026, including the following initiatives:
1. Fulfillment of employees according to needs based on 12. Refining the Official Housing Facility SOP through
organizational structure and in line with the Bank’s business evaluation of rental ceilings and duration.
plan, through employees Recruitment, both regular, ODP 13. Centralizing the payment of fixed monthly compensation,
and Pro Hire and internship programs. including all salary deductions.
2. Career Development Program based on performance, 14. Digitalizing the process for appointing Acting Officials (PLT)
competence, experience and other criteria, to ensure that and Interim Officials (Pgs) to accelerate the designation
all employees get the same opportunity (fair opportunity) process and ensure uninterrupted operational activities.
to develop their careers. 15. Rebuilding the Human Capital Portal website to facilitate
3. Conducting periodic competency assessments every easier access for employees to personnel-related
two (2) years for all officials from Echelon 1 to Echelon information.
4, in order to identify individual strengths and areas for 16. Rebuilding the second-degree data input website to enable
improvement, thereby enabling more effective career employees to input second-degree information more
development planning. efficiently.
4. Organizing Talent Scouting programs in collaboration with 17. Rebuilding the payroll engine to enhance the speed,
leading universities to identify high-achieving students accuracy, and flexibility of payroll calculations, aligned with
with strong potential, who can be nurtured and developed the applicable remuneration system.
as prospective candidates for employment at the Bank. 18. Updating employee profile photos and ID cards as part
5. Conducting mapping, management, and development of of the implementation of the Bank Jatim visual identity
high-potential employees as part of preparing a talent pool technical guidelines.
to fill strategic or key positions in line with the Company’s 19. Implementation of a fairer and more objective Employee
future needs. Performance Management System for all work units.
6. Improving the Education and training system for all 20. Implementation of strict Rewards & Punishments for all
administrators and employees in order to achieve the employees in accordance with applicable provisions and
Bank’s performance. laws in order to provide a deterrent effect for perpetrators
7. Development and optimization of learning facilities and and all employees.
infrastructure in order to support improving quality and 21. Distributing employee engagement surveys to measure
competence, as well as equal access to education and employee engagement to the company by considering
training for all employees. various satisfaction factors that employees get from the
8. Competency improvement, optimization and evaluation company and the dedication that employees give to the
of the role of internal lecturers in encouraging the company. The survey was conducted using the e-Human
achievement of the Bank’s vision and mission through Capital mobile app which was distributed to all employees.
education and training activities. 22. Improve employee understanding of the use of voice boxes
9. Refining the Total Reward SOP through: on the e-Human Capital mobile app so that employees can
a. Evaluation of healthcare services for employees and their be actively connected in expressing their opinions, media
families. sharing, and discussions between employees and the
b. Review of annual leave provisions for employees. Human Capital Division.
c. Refinement of incentive calculation mechanisms for 23. Fostering harmonious relations between the Bank
account officers. Jatim Employees’ Union and Bank Jatim Management
d. Review of the formula for outpatient benefit entitlements. to accommodate employee aspirations and address all
10. Refining the Employee Business Travel SOP through employment-related matters.
evaluation of business travel rates.
11. Refining the CAP (Car Allowance Program) SOP through
evaluation of ceilings, allowances, and vehicle maintenance
costs.
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Annual Report
01 Performance Highlights
The Board of Directors’s and
02 The Board of Commissioners’
Report
03 Company Profile
Management Discussion and
04
Analysis on Bank Performance
05 Human Capital
06 Information
Teknologi Technology
Informasi
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference Index
10 Financial Statements
Information Technology
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06 Technology
Information Technology
Strategy Plan
Master plan and Information Technology Strategic Planning is conducted with the following consideration:
1. Strategic business planning and ecosystem development
Currently, Bank Jatim owns an extensive ecosystem, and it is divided into three tiers. By identifying its ecosystem into three tiers,
the Bank can be more focus in arranging the development strategy based on each tier’ needs.
Tier 3
Tier 2
Tier 1
NON-EXHAUSTIVE
Tier 1
Province Government, City / District
Government and Regional-Owned
Enterprises (BUMD)
KOTAMADYA
SURABAYA
Tier 2 State Civil Enterpreneur/
Aparatus SMEs
All users on the East Java Province
Government infrastructure, including City /
District government and Regional-Owned
Enterprises, and the users of facilities and
Students Employees
infrastructure in East Java
Tier 3 DUDI
(World Business Public
Others Industry)
Areas that can be the main focus for Bank Jatim considering that Bank Jatim has
a competitive advantage in this area.
Smart Governance One example of Bank Jatim’s Information Technology development supporting the government is the Smart
City Program of the East Java Provincial Government in 9 cities and 29 regencies to achieve the East Java Smart Province,
particularly in the field of Smart Governance:
Smart
Smart Government Smart Society Smart Economy Smart Living
Environmental
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Strategic Business Direction and Ecosystem Development at Each Tier 1 Bank Jatim focuses on synergy with the Central
Government and Regional Governments through a Special Work Program:
• Establishing synergy between Bank Jatim, the • Providing opportunities to enhance services within
Provincial Government, City/Regency Governments, Bank Jatim’s ecosystem network. This can be achieved
and relevant agencies to support economic growth and through service integration and the provision of
innovation in East Java. customized products/services tailored to the specific
needs of each stakeholder.
East Java
Ministry Provincial
I A Government
State-Owned
City/Regency
Enterprises
(e.g., PLN)
H B Government
Regionally-Owned
Enterprises G C Regional Office
(e.g., PDAM)
Village-Owned
PSA/LPSA F E D Enterprises
Potential Collaboration Development: Legend :
East Java
• Digitalization of Regional Government Regional Police Existing collaborations
Transactions;
• Supply Chain Financing Potential new collaborations
Strategic Business Direction and Ecosystem Development at Each Tier 2, Bank Jatim focuses on users operating on the
infrastructure of the Central and Regional Governments through a Special Work Program:
• Financing digital infrastructure, including broadband • Supporting environmental projects through specialized
networks, hardware, software, and cybersecurity; loans for energy and waste management;
• Collaborating with regional governments to develop • Financial support for smart city projects and fostering
digital payment solutions for public services; public-private collaboration..
• Providing technology financing for the modernization
of healthcare, education, and administration;
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06 Technology
Potential Impact of Development on Specific Segments. • Development of the Jconnect platform as a suite of
digital banking services for customers;
Individual Segment: • Diverse E-Channel services, including ATMs, SMS
1. Entrepreneurs and Small Medium Enterprises; Banking, Internet Banking, Mobile Banking, Laku
2. State Civil Aparatus; Pandai, EDC, and QRIS, ensuring accessibility for
3. Workers; customers;
4. Students; • Extensive integration capabilities to facilitate
5. Others. retribution payments through developed IT
solutions.
Institutional/Group Segment: b. Opportunities
1. Enterpreneurs and Small Medium Enterprises • Enhancing application security by adopting the
2. Merchant; DevSecOps framework to optimize development
3. Property Developers; processes while ensuring security compliance.
4. Public Transportation; • Increasing fee-based income potential due to the
5. Amusement Parks; rising mobile banking transaction volume (CAGR of
6. Savings and Loan Cooperatives; 47.41%).
7. Schools / Boarding Schools; • Development of a super app to expand the
8. Private Enterprises; customer base and service offerings.
9. Insurance; • Opportunity to enhance Islamic banking service
10. Logistics Service Providers. index through the Dual Banking Leverage Model.
• Simplifying and aligning digital services to support
Strategic Business Direction and Ecosystem Development customers in Supply Chain Financing.
at Each Tier 3 Bank Jatim focuses on identifying the right • Expanding the digital ecosystem by collaborating
market needs amid increasing competition with other with regional institutions, banking, insurance,
banks and financial institutions. To expand its market fintech, marketplaces, and other financial entities.
reach, Bank Jatim must develop its systems and services c. Weakness
while considering the following key aspects: • There is no Data Governance framework that
• System Security Architecture encompasses data governance and development
Designing and implementing a robust security as a single source of truth that can support business
architecture to protect customer data and banking process needs (analytics, forecasting, monitoring,
systems, Utilizing end-to-end encryption, firewalls, and and ensuring compliance with relevant regulations
real-time security monitoring to ensure data integrity, (especially the PDP Law) as a data-driven entity.
Conducting security training for employees to enhance • Discrepancies in digital service capabilities
awareness and response to cybersecurity threats. between sharia and conventional banking result in
• Product and Service Development & Innovation a gap in the user experience for customers.
Investing in advanced digital products and services • Many business processes within Bank Jatim’s work
that are user-friendly, accessible, and secure and units have not been optimized through end-to-end
Diversifying products to meet evolving customer integrated automation.
needs and market demands. d. Threats
• Partnerships and Alliances • Increasing digital banking product capabilities
Exploring strategic partnerships and alliances with from competing banks;
other banks, technology providers, payment gateways, • Rising cybersecurity threats, as evidenced by two
and financial entities and Expanding market reach and major hacking incidents in Indonesia’s banking
accessing additional resources through collaborative sector;
efforts. • Low digital literacy index (ranked 10th out of
15, with a score of 3.58) and lower mobile phone
2. Internal and External Conditions of the IT, Digital & ownership in East Java (62.99%, below the national
Operations Directorate average of
These conditions can be evaluated using a SWOT Analysis, • 65.87%), potentially hindering digital banking
which includes an assessment of the current IT architecture, adoption;
Bank Jatim’s business needs, and external factors. • Strict cybersecurity, data protection, and digital
a. Strengths service regulations, impacting IT infrastructure
• Availability of microservices-based IT solutions requirements for innovation and compliance.
that accelerate time to market;
• Established collaborations with FinTech entities,
enabling P2P lending channels;
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3. IT Vision and Mission To support the key points of the 2024-2028 Information
IT Vision Technology Strategic Plan, entitled “Innovative Banking,
Supporting the bank with simple, secure, and convenient Simplifying Customer Lives”, there must be a derivative
digital services to enhance financial inclusion and drive strategy to help implement Bank Jatim’s business development
economic growth. plans, aligned with the Perfect-I 2025 strategy:
• Innovative Services - Customer Service Digitalization
IT Mission Enhancing the customer experience in every interaction
1. Digital transformation as the foundation for growth. with Bank Jatim through digital services for a more
2. Digital innovation to enhance access to financial convenient, fast, and secure user experience.
services. • Innovative Processes - Process Automation and Digital
3. Leading an inclusive and sustainable digital ecosystem. Innovation
4. Providing a secure and seamless transaction Bank Jatim automates business processes that are still
experience for customers carried out manually, implements digitalization, and
develops application systems to enhance efficiency
Based on the strategic business direction and ecosystem in areas such as data processing, verification, and the
development, the internal and external conditions of implementation of other internal controls.
the IT, Digital & Operations Directorate, and the IT vision • Innovative Technology - Infrastructure & Security
and mission, Bank Jatim’s Technology Division adopts Management
a strategic theme to enhance business, market, and Bank Jatim procures and upgrades infrastructure as
technological growth, which includes: needed, adopting the latest technologies to enhance
1. Integrated Development; security, flexibility, scalability, and infrastructure efficiency.
2. Customer-Centric; • Innovative Decision Making - Data-Driven Decision Making
3. Capability Optimization; Bank Jatim leverages Business Intelligence & Data
4. Collaborative Governance; Analytics to support informed decision-making, service
5. Data-Driven Decision Making; personalization, business strategy development,
6. Security and Resilience; operational efficiency enhancement, as well as risk
management and monitoring.
Aligned with the Bank Jatim Corporate Plan 2024 – 2028 • Innovative Governance - Governance and Control
and the Annual Business Plan, the Bank Jatim Information Enhancement
Technology Strategic Plan 2024 – 2028 follows this roadmap: Bank Jatim continuously improves governance capabilities
1. 2024 - Laying Digital Ecosystem Foundation: Building through cross-functional collaboration and automation
tomorrow’s banking today of control, compliance, and audit processes. This ensures
Establishing the necessary digital capabilities and alignment with the Bank’s strategic direction, business
infrastructure to support the development of an innovative needs, and risk levels.
digital ecosystem. • Innovative People - Development Strategy for Operating
2. 2025 – Beyond Banking: AI-Enhanced Financial Ecosystem Model and Human Resources
Integrating AI-driven solutions into the digital ecosystem, Supported by an optimal operating model that structures
expanding beyond traditional banking systems. interactions between IT functions and aligns strategies
3. 2026 – Bank Jatim as lifestyle companion: Intuitive and with business needs, Bank Jatim also enhances human
personalized resource quality to remain competitive at both regional and
Advancing Bank Jatim’s role as a smart lifestyle companion, international levels.
utilizing AI to provide intuitive and personalized financial • Innovative Ecosystem - Collaboration with the Digital
recommendations. Ecosystem
4. 2027 – Customer empowerment through AI and ML Bank Jatim collaborates with fintech companies,
Empowering customers with AI and Machine Learning (ML) marketplaces, and other technology service providers in a
capabilities to support well-informed financial decision- mutually beneficial partnership to achieve digital economic
making. growth and financial inclusion.
5. 2028 - Intelligent digital ecosystem: Proactive and
predictive banking
Developing a smart ecosystem capable of anticipating and
proactively addressing customer needs.
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06 Technology
Information
Technology Innovation
Potret Portrait of banking conditions in Indonesia – the importance In 2025, Bank Jatim took steps to develop information
of customer experience to keep the Bank relevant to consumers, technology innovation. The following outlines the concrete
and in an effort to respond to shifting consumer expectations, measures taken by Bank Jatim throughout the year to support
Banks must focus on creating a continuous and interconnected technological innovation and accelerate digital transformation.
consumer experience, building ecosystems and partnership
strategies, and making consumers feel treated, such as: 1. Acceleration of Digital Transformation in Banking
• Neobanks are starting to grow Services
Traditional banks still lead in maintaining primary financial Bank Jatim actively promoted digital transformation across
relationships (PFR) with respondents. However, with the its banking services to enhance customer convenience,
entry of new digital services, neobanks are starting to gain security, and transaction speed. This initiative included the
attention: 42% of respondents said they have at least one expansion and enhancement of features within e-channel
service or product with a neobank. services, such as mobile banking, internet banking, and
• The Importance of Trust QRIS, as part of the Bank’s digital strategy.
Trust is an important factor, especially since consumers are 2. Development of the “JConnect Mobile” Mobile Banking
willing to maintain multiple financial service relationships. Application
The personal relationship aspect drives respondents’ trust The JConnect Mobile application continued to be developed
in their PFR provider. Having a branch nearby is one of the as Bank Jatim’s primary mobile banking platform. The
top trust drivers, reinforcing the importance of existing enhanced features include:
banks maintaining a physical presence. • Bill payments (PDAM/water utilities, property tax/PBB,
• Super App is in demand taxes, electricity bills) and other multipayment services.
With the number of multiservice technology platforms in • Interbank transfers and transfers within Bank Jatim.
Indonesia, it is not surprising that respondents are very • E-wallet top-ups and cardless cash withdrawal services.
interested in super apps that can provide integration of all • Transaction notifications and account statement
their financial services. updates.
• Personalization • QRIS and other digital services.
Conventional banks have an opportunity to deepen • Development of the New JConnect Mobile using
relationships and reduce the risk of respondents switching microservices technology (previously monolithic
to other providers by addressing the personalization gap. architecture), incorporating enhanced security
features such as biometric authentication and Mobile
The development of banking technology trends with several Network Verificator (MNV) protection, as well as
driving factors as follows: additional features including ShopeePay and e-money
• Accelerating Digitalization - Increasing the migration top-ups and a transaction scheduler. As of 2025, this
of services to digital channels, including for identity development has entered the final stage of regulatory
management and verification, a seamless approach approval (BI and OJK)
to commercial credit and lending services, and the 3. Enhancement of Technology Infrastructure and Human
establishment of a digital money pooling structure. Capital
• Core Banking System Improvement - The increasing use of Bank Jatim also strengthened its information technology
banking services through digital channels has created infrastructure and enhanced the capacity of its human
an urgency to improve the capabilities of the Core capital to support digital transformation initiatives.
Banking System to enable process simplification, thereby These efforts included improvements in security, system
reducing time and improving the quality of work results. management, and the reliability of IT infrastructure as
• Open Banking - Banking institutions are starting to adopt part of the Bank’s long-term strategy to support service
Open API, supported by solutions such as cloud services, innovation.
low/no-code development platforms, DevSecOps, AI & ML, 4. Expansion of Digital Products and Services for MSMEs
etc, also adopting new ways of working including the use of Bank Jatim expanded its technological innovation to
Design Thinking and Agile Process. support micro, small, and medium enterprises (MSMEs)
• Landscape Shifting of FinTech - FinTech, and financial in enhancing their business capabilities through digital
technology vendors are starting to expand services to services, including:
corporate clients and bring strong capabilities in cloud- • Digital payment systems.
based solutions, innovative value propositions, and • Integrated online banking services.
integrated value chain offerings. • Supporting MSME ecosystems to facilitate access to
financing and market opportunities.
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5. Focus on the Security and Reliability of Digital Services Through its strong commitment to digital transformation,
Bank Jatim places the security and reliability of its digital Bank Jatim not only advanced banking service innovation
systems as a key priority in technology development. This but also made significant contributions to strengthening
includes strengthening IT governance to support service regional economic development and improving public
innovation and operational efficiency, as well as ensuring services through comprehensive digitalization initiatives.
that digital transactions remain secure and reliable. In 2025, a) Hospital Ecosystem: Bank Jatim facilitated the
Bank Jatim’s digital channels successfully completed the integration of digital payment systems in hospitals,
recertification of ISO 27001:2022, reaffirming the Bank’s making patient transactions more convenient while
commitment to information security. This certification supporting hospital financial systems through more
underscores the Bank’s dedication to safeguarding customer efficient, secure, and transparent payment solutions.
data and maintaining transaction integrity through the These initiatives include the implementation of
implementation of an Information Security Management payment gateway solutions across hospital facilities
System (ISMS) that complies with international standards such as parking services, hospital canteens/
issued by the International Organization for Standardization. restaurants, outpatient services, and inpatient services,
integrated with patients’ medical record numbers.
Through this recertification, Bank Jatim ensures that every b) Education Ecosystem: Bank Jatim strengthened the
digital banking service offered is not only secure but also education sector by providing digital financial services
aligned with regulatory requirements and global standards that facilitate payments for schools, universities, and
to maintain data confidentiality, availability, and security. other educational institutions, while also supporting
This achievement reflects the Bank’s strong commitment broader and more inclusive access to education. The Bank
to addressing cybersecurity challenges and maintaining also continued the development of its latest application,
customer trust in an increasingly evolving digital landscape. JConnect Edu, to provide comprehensive convenience
6. Contribution to the Acceleration of Regional Digitalization for educational institutions, both those that have not
Bank Jatim also supported the acceleration of regional yet implemented academic information systems and
digitalization through various achievements and strategic those that already utilize such systems, through system
initiatives implemented, including its active participation in interconnection with Bank Jatim’s services.
programs aimed at accelerating digital financial inclusion c) Market Ecosystem: Bank Jatim promoted MSME
across East Java Province. empowerment through the digitalization of traditional
and modern markets by providing electronic payment
In 2025, Bank Jatim was recognized as the Best Regional solutions that accelerate transactions, expand market
Development Bank (BPD) in Indonesia and received reach, and improve operational efficiency. Through the
the TP2DD Championship award, an achievement that Circle v2 application based on virtual account services,
reaffirmed the Bank’s position as a pioneer in digital and the ongoing development of Circle v3 based on
transformation within the regional banking sector. account-based architecture, the initiative is expected
to contribute to an increase in the Number of Accounts
This achievement reflects Bank Jatim’s continued (NoA), while also creating a positive multiplier effect on
commitment to supporting the acceleration of the the growth of JConnect Mobile users, loan portfolios,
digitalization of regional government transactions through and Third-Party Funds (DPK).
the Regional Government Transaction Electronification d) Regional Government Ecosystem: In supporting the
Acceleration Team (TP2DD), which aims to establish a more implementation of the Regional Government Transaction
efficient, transparent, and secure payment system. Bank Electronification Acceleration Team (TP2DD) program,
Jatim has successfully implemented systems that facilitate Bank Jatim facilitated the digitalization of regional
digital regional government transaction payments through government transactions to accelerate public services
various channels, including QRIS and other electronic and enhance transparency and accountability in
payment platforms, generating significant positive impacts regional financial management. These initiatives include
for regional governments and the community. Digital Channels (realization of regional tax and levy
payments through Mobile Banking, Internet Banking,
Through this achievement, Bank Jatim not only SMS Banking, QRIS, and e-commerce channels), Non-
strengthened its reputation as a leader in banking Digital Channels (realization through ATM, EDC, and
technology innovation but also demonstrated strong UE Reader channels), and Conventional Channels
capabilities in accelerating financial inclusion and the (realization through Teller and Agent Banking channels).
digitalization of the public sector, further reinforcing its role e) Village Ecosystem: Bank Jatim played an active role in
as a trusted partner in regional economic development. accelerating village digitalization by providing access to
financial services for rural communities and promoting
In 2025, Bank Jatim also reached an important milestone in local economic empowerment through financing access
developing an integrated digital ecosystem across various and financial literacy initiatives. Bank Jatim has integrated
strategic sectors, including healthcare services, education, the Siskeudes Link system across 5,590 villages in 24
traditional markets, regional governments, and villages. regencies out of a total of 7,724 villages in 30 regencies.
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Information
Technology Infrastructure
The IT-related capabilities built through RSTI 2024 – 2028 are of initiatives in the 6 (six) IT-related architectures is based
carried out through the implementation of initiatives divided on business development needs illustrated in the Business
into 6 (six) aspects of IT-related architecture. The formulation Architecture.
0 Business Architecture
Touch Point Architecture
1 Digital Assisted Electronic Partner 3 Security
Architecture
Payment & Partnership Architecture Channel Services Architecture
Cends & ATM
Management Specialized services (Back End)
3 Party Payment Detection
Gateway Hub
Payment Engine Common Services
Response
Integration Architecture Recovery
Synchronous integration Asynchronous integration Event Driven & Date Stream Batch Data Integration File Integration
Endpoint Security
Core Banking Architecture. Evaluasi 2 Data Architecture
Corporate Core Application Security
Data Governance
CIF Architecture
Human Capital
Data as a Service Network Security
Deta Business
Operations User
Data Source Integration
Date Storage Data Access Infrastructure
Conventional Corporate Security
Sharia Banking Communication
Banking
Risk, Compliance, Data Processing
and Audit Date Security
Regulatory Report Dats Security
Cloud Security
Intrastructure Architecture
3 Conventional
Banking
Media Touch
Point
Service and
Operation
Private Cloud External Cloud Compute Storage Network Facility
Security
infrastructure
Security Policy
5 Governance Architecture
Security Organization
6 People
Security Mgt &
Reporting
Business Architecture
Business architecture consist of important components in archieving Bank Jatim’s goals in the future.
Applications Architecture Data Architecture
The foundation of the system used to support It is a framework that regulates the management,
business processes includes application storage, and integration in optimizing data access
components, relationships between components, by all business units for information-based decision
and the technological capabilities utilized. making.
Infrastructure Architecture Security Architecture
Carefully designed infrastructure to ensure robust Security that can manage cyber risks, proactively
system reliability, security and availability. monitor threats and vulnerabilities, and can respond
to security challenges effectively.
Governance Architecture People Architecture
Collaboration between Business and IT across all A federated IT operating model for optimizing
IT functions to optimize benefits delivery while service delivery and agility through cross-functional
maintaining compliance, governance, and the collaboration supported by task segregation and
bank’s risk appetite. interaction models.
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Information
Technology Governance
The Bank has implemented IT policy directions focusing on 5 (five) IT Governance areas, namely:
1. Strategic Allignment 3. Risk Management
The implementation of Information Technology at Bank The implementation of Information Technology at Bank
Jatim is directed towards supporting the achievement Jatim is consistently accompanied by IT risk identification
of the company’s vision and mission by ensuring that its and management to ensure that potential impacts can be
Information Technology strategy is aligned with the Bank’s effectively managed. IT risk management is implemented
business strategy. This alignment serves as the primary through policy strengthening, implementation of
foundation for optimal IT utilization, providing added value international standards, and compliance with applicable
and supporting business sustainability. regulatory requirements. The Bank’s IT risk management
implementation includes:
As a manifestation of this strategic alignment, Bank Jatim a. The Bank periodically updates its policies, procedures
has updated its Information Technology Strategic Plan and technical instructions (Juknis) by referring to
(Renstra IT) for 2024–2028. The IT Renstra focuses on the international best practices and the latest regulatory
Bank’s role in improving financial literacy, digital literacy, provisions, including::
and financial inclusion, as well as driving sustainable digital • Law Number 27 of 2022 concerning Personal Data
transformation. Protection.
• Bank Indonesia Regulation Number 2 of 2024
Aligning its IT strategy with its business direction, Bank concerning Information System Security and Cyber
Jatim strives to remain close to its customers, increase the Resilience for Payment System Operators, Money
relevance of its banking services, and address customer Market and Foreign Exchange Market Players, and
needs and expectations amidst the ever-evolving dynamics Other Parties Regulated and Supervised by Bank
of the financial services industry. Indonesia.
• Board of Governors Regulation Number 24 of 2024
2. Value Delivery concerning Information System Security and Cyber
The implementation of Information Technology at Bank Resilience for Payment System Operators, Money
Jatim is aimed at providing added value to support Market and Foreign Exchange Market Players, and
the achievement of the company’s vision, mission, and Other Parties Regulated and Supervised by Bank
strategic objectives. IT utilization serves not only as Indonesia.
operational support but also as a key enabler in driving • SEOJK Number 24/SEOJK.03/2023 of 2023
efficiency, effectiveness, and improving the quality of concerning Assessment of the Digital Maturity
banking services. Level of Commercial Banks.
• SEOJK Number 29/SEOJK.03/2022 on December
As a commitment to this value creation, throughout 2025, 27, 2022, concerning Cyber Resilience
and
Bank Jatim focused on completing and developing the Security for Commercial Banks.
Information Technology Bank Business Plan (RBB), as • POJK Number 11/POJK.03/2022 concerning
well as implementing various IT initiatives and projects the Provision of Information Technology by
developed internally by the IT unit. These initiatives were Commercial Banks.
aimed at meeting the Bank’s internal and external needs, • POJK Number 12/POJK.03/2018 concerning
particularly in improving customer service and experience. the Provision of Digital Banking Services by
Commercial Banks.
Through the implementation of measurable Value Delivery • POJK Number 13/POJK.03/2021 concerning the
aligned with business strategy, Bank Jatim ensured Provision of Commercial Bank Products.
that every investment and development in Information • SEOJK Number 21/SEOJK.03/2017 concerning the
Technology made a tangible contribution to the company’s Implementation of Risk Management in the Use of
performance and business sustainability. Information Technology by Commercial Banks.
• Bank Indonesia Regulation Number 23/6/
PBI/2021 concerning Payment Service Providers.
• Control Objectives for Information and Related
Technology 2019 (COBIT) is an IT Governance
framework that has an IT Strategic Plan aligned
with business strategy.
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• Information Technology Information Library (ITIL) Through this Resource Management approach, Bank
is a standard framework for IT to align IT support Jatim ensured that the utilization of Information
services with the business. ITIL focuses on IT Technology was supported by competent, sustainable
processes, procedures, tasks and service levels to resources that aligned with business needs.
support corporate strategy, provide added value
and maintain IT competency levels. 5. Performance Management
b. Information Technology Service Management System The implementation of Information Technology at Bank
Certification Jatim was measured and evaluated periodically to ensure its
The Bank has obtained ISO 20000:2018 certification performance, capacity, and reliability aligned with business
for its IT Service Management System by the IT needs and banking services. IT performance management
& Digital Directorate to support JConnect Mobile was performed through a monitoring mechanism that
Banking services for customers. covered all aspects of Information Technology, both
c. Information Security Management System Certification operational and managerial:
As a commitment to maintaining information
security, the Bank has also obtained ISO 27001:2022 Operational Aspect
certification for its Information Security Management In terms of the operational aspect, the Bank implemented
System covering JConnect Mobile, SMS Banking, and controls and monitoring of Information Technology services
Internet Banking services, ensuring that information provided to branches and customers, including:
security risk management is conducted in accordance • Provision of a branch complaint application as a means
with international standards. of recording and resolving Information Technology
issues in business units.
4. Resource Management • Implementation of availability monitoring of all IT
The implementation of Information Technology at Bank services to ensure optimal and sustainable banking
Jatim was supported by adequate and optimal resource services.
management, both in terms of human resources and
competency development. This resource management Management Aspect
aims to ensure the Bank’s readiness to support business In terms of the management aspect, the Bank implemented
needs and accelerate digital transformation. In its IT governance through structured forums and decision-
implementation, the Bank focuses on two main areas: making mechanisms, including:
a. Human Resource Satisfaction • Information Technology Committee, evaluates the
To support business needs and the development Information Technology Strategic Plan and the Bank’s
of Information Technology, the Bank continuously policies regarding IT utilization. In 2025, the IT
strengthens its IT human capital through recruitment Committee was established on December 3, 2025.
processes aligned with organizational needs and the • IT and Digital Operations Directorate Forum, held weekly
Bank’s strategic direction. This IT workforce fulfillment to discuss the progress of Information Technology
is expected to ensure the availability of competent and Digital projects, the implementation of the IT
personnel capable of managing, developing, and Business Plan (RBB), and to monitor the availability of
securing the Bank’s information systems. To support Core Banking System application services and other
business needs and Information Technology supporting applications (surrounding systems).
development, the Bank continuously satisfied its IT
Human Resource needs through a recruitment process 6. Customer Demands
tailored to organizational needs and the Bank’s Changes in consumer behavior and marketplace dynamics
strategic direction. This IT HR satisfaction was expected are driving the banking industry to transform toward digital
to ensure the availability of competent experts to banking, providing banking services that increasingly
manage, develop, and secure the Bank’s information rely on information technology support. In line with these
systems. developments, some banking services have shifted to self-
b. Training service-based, enabling customers to conduct transactions
Being a part of its human resource capacity building independently through digital channels.
efforts, the IT, Digital & Operations Directorate
implemented various training and certification Due to these changes, demands for the availability,
programs tailored to the Bank’s business processes reliability, and quality of Information Technology support
and areas of expertise during 2025. Totally, 51 in conducting banking business are increasing. Information
training programs were implemented, enhancing technology plays a key role not only as an operational
the competency, professionalism, and readiness of support but also as a key enabler in realizing service
IT personnel to support Bank Jatim’s operations and innovation, enhancing customer experience, and ensuring
digital transformation. the bank’s readiness to face future business needs and
changes. Strengthening its information technology
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capabilities, Bank Jatim ensured that the transformation of 4. Endpoint Security
banking services was sustainable, secure, and aligned with The Bank installed security agents at each endpoint
customer expectations and industry developments. to strengthen user device protection and prevent
potential end-user threats.
7. Technology Development 5. Regular Application Security Security Testing
The increasingly rapid dynamics of technological The Bank regularly conducted penetration testing to
development, in line with the Industrial Revolution 4.0 verify the reliability and security of its applications to
era, particularly in the financial services sector, require support business needs and digital banking services,
Bank Jatim to continuously adapt to ongoing and while ensuring customer convenience and security
future technological changes and innovations. These during transactions.
developments bring both opportunities and challenges in 6. Information Security Management System Certification
improving competitiveness, operational effectiveness, and Applying a commitment to implementing information
the quality of banking services. security standards, Bank Jatim received ISO
27001:2022 certification for its JConnect Mobile,
To respond to these conditions, Bank Jatim continuously SMS Banking, and Internet Banking services,
adapted and strengthened the use of information confirming that the implementation of its Information
technology to support digital transformation, improve Security Management System (ISMS) complied with
business process efficiency, and strengthen the resilience international standards.
of the banking system. These efforts were undertaken to
ensure that the banking services provided convenience, 9. Disaster Recovery Plan
comfort, and security for customers interacting through The Bank established Information Technology Business
various banking channels, both conventional and digital. Continuity Guidelines and Disaster Recovery Plan (DRP)
Guidelines as a basis for ensuring the availability of its
8. Banking Digital Technology Security data center, Disaster Recovery Center (DRC), and the
As the volume and complexity of digital banking transactions implementation of dual data centers. These guidelines
increased, the Bank recognized the importance of were used to measure and identify critical business
implementing reliable information technology security to processes that depended on application systems, including
maintain customer trust and ensure service continuity. This establishing clear and measurable Recovery Point
increased utilization of digital channels must be balanced Objectives (RPOs), Recovery Time Objectives (RTOs), and
with strengthened information system security, given the Work Recovery Time (WRTs).
high risks and threats of cybercrime that continue to evolve
in line with technological advances. These recovery plans and strategies were formulated
in a Disaster Recovery Plan, which served as the
To maintain cyber resilience, the Bank implemented Bank’s reference in dealing with disruptions, disasters,
adequate information technology security systems or extraordinary events that could potentially disrupt
and mechanisms through various security controls and information technology operations.
strengthening processes, including:
1. Information Technology System Security Control The Disaster Recovery Plan served to:
The Bank implemented IT security controls that include 1. Minimize service disruptions to customers so that
monitoring system security, data communications, optimal banking operations could be performed,
and computer security, through user access control despite system disruptions.
settings, firewall implementation, Active Directory 2. Maintain the continuity of information technology
utilization, and the installation of antivirus software operations in the event of disasters, disruptions, or
within the Bank’s system environment. other emergencies.
2. Information Security Awareness Enhancement 3. Ensure that Bank management satisfied its
The Bank routinely conducted annual security responsibility to protect information resources and
awareness activities for all system users to increase documents belonging to customers and other related
their understanding and awareness of information parties.
security risks and safe system usage practices. 4. Conduct regular IT resource performance
3. Automated Antivirus Updates measurements, including applications, networks, and
The Bank implemented automated antivirus update capacity planning, to ensure infrastructure readiness
mechanisms to ensure all devices are always protected under normal conditions and emergencies.
from the latest malware threats.
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06 Technology
5. Collaborate with Data Center Service Providers to ensure the effectiveness of recovery procedures and
maintain server availability and security in accordance operational readiness in disaster conditions. The Board
with established Service Level Agreements (SLAs). of Commissioners and Directors continuously ensured
that information technology risks, such as IT disruption,
In 2025, for an implementation and testing form of this cybersecurity, and disaster recovery, were well managed
preparedness, the Bank conducted a Disaster Recovery and integrated into the overall risk management
Center (DRC) Trial for the Core Banking System, E-Channel, framework.
and Bank Indonesia Payment System applications, to
Information Technology
Management Structure
The IT, Digital & Operations Directorate of Bank Jatim has an Organizational Structure of Information Technology Division, Digital
Banking Division and Chief Information Security Officer Division. The Organizational Structure of the Information Technology Work
Unit, referring to the Decree of the Board of Directors No: 064/05/15/DIR/PSM/KEP dated June 19, 2025 Concerning Organization
and Work Procedures, is as follows:
Wiweko Probojakti
IT, Digital &
Operation Director
Handayanto
Acting SEVP
of IT
Syaiful Bakhri Vicky C
M. Machfud H
Simanjuntak
Acting VP of
VP of Digital
Information Acting VP of
Banking
Technology CISO
Existing : 62 Existing : 46 Existing : 35
Digital
Digital Banking QA &
IT Planning & IT Enterprise Data Ecosystem IT Security IT Security
IT Operations Application Monitoring
Governance Infrastructure Management & Business Engineering Operation
Management Digital Banking
Development
Security Security Testing
IT Governance Digital Banking IT & Digital
IT Support & IT infrastructure Data Warehouse Digital Business Program Evaluation Data
and IT Risk & E-Channel Banking Quality
Helpdesk & networks & Big Data Development Engineering & & Incident Protection
Management Development Assurance
Asset Management
Digital
IT Project Ecosystem Application Governance, Security
Core Banking Data Analytics & Application
Management IT Data Center Development Monitoring & Compliance Risk Operation
& ERP Data Science Management
Office & Business Evaluation and Security Officer
Cooperation
IT Strategic Business
Planning Intellegence
Image 2 Organizational Structure of IT, Digital & Operations Directorate
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As of December 31, 2025, the IT, Digital & Operations Directorate for the Information Technology Division had 62 employees, the
Digital Banking Division had 46 employees, and the CISO Division had 35 employees, amounting 143 employees. In 2026, additional
staffing will continuously be performed to meet Bank Jatim’s business project needs.
Information
Technology
Enterprise
IT Planning & IT IT
Data
Governance Operations Infrastructure
Management
IT Governance IT Project IT Data
IT Support & Core Banking Data Analytic &
& Risk Management Infrastructure IT Data Center Warehouse &
Helpdesk & ERP Data Science
Management Office & Network Big Data
IT Strategic Business
Planning Intelligence
Image 3 Information Technology Organizational Structure
Digital
Banking
Digital Ecosystem Digital Banking
QA & Monitoring
& Business Application
Digital Banking
Development Management
Digital Ecosystem Digital Banking Digital Banking
Digital Business Application IT & Digital Banking
Development & & e-Channel Monitoring &
Development Management Quality Assurance
Business Cooperation Development Evaluation
Image 4 Digital Banking Organizational Structure
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06 Technology
CISO
IT Security IT Security
Engineering Operation
Security Testing,
Security Program, Tata Kelola, Risiko & Security Data Protecting
Evaluatin & Incident
Engineering & Asset Kepatuhan Keamanan Operation Officer Officer
Management
Image 5 CISO Division Organizational Structure
Information Technology
Work Plan 2026
The 2026 Information Technology Division Business Plan mandatory for every commercial bank to report its Business
for the implementation and development of information Plan to the regulator. This plan is adjusted to the strategic
technology is guided by the Financial Services Authority (OJK) plan of Bank Jatim’s Corporate Plan 2024 - 2028 in the
Regulation No. 11/POJK.03/2022 concerning “Implementation PILLAR 4 (DIGITAL BANKING & IT) and RSTI 2024 - 2028 by
of Information Technology by Commercial Banks”, so that it is implementing the PERFECT-I strategy:
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RSTI 2024 - 2028 carry “Innovative Banking, Simplifying Customer Lives”
Innovative Ecosystem
Collaboration with the Digital Ecosystem
Bank Jatim collaborates with fintech companies,
marketplaces, and other technology service
providers in a mutually beneficial partnership
to achieve digital economic growth and financial
inclusion.
Innovative Service Innovative People
Development Strategy for
Customer Service Operating Model and Human
Digitalization Resources
Enhancing the customer experience Supported by an optimal operating
in every interaction with Bank Jatim model that structures interactions
through digital services for a more between IT functions and aligns
convenient, fast, and secure user strategies with business needs, Bank
experience. Jatim also enhances human resource
quality to remain competitive at both
regional and international levels.
Innovative Processes Innovative Governance
Innovative
Process Automation and Governance and Control
Digital Innovation Banking Enhancement
Bank Jatim automates business Bank Jatim continuously improves
processes that are still carried out governance capabilities through
manually, implements digitalization, cross-functional collaboration and
and develops application systems automation of control, compliance,
to enhance efficiency in areas such and audit processes. This ensures
as data processing, verification, and alignment with the Bank’s strategic
the implementation of other internal direction, business needs, and risk
controls. levels.
Innovative
Innovative Technlogy Decious Making
Infrastructure & Security Data-Driven Decision Making
Management Bank Jatim leverages Business
Intelligence & Data Analytics to
Bank Jatim procures and upgrades support informed decision-making,
infrastructure as needed, adopting service personalization, business
the latest technologies to enhance strategy development, operational
security, flexibility, scalability, and efficiency enhancement, as well as risk
infrastructure efficiency. management and monitoring.
Transformation is a process that requires significant resources Referring to Bank Jatim’s 2024-2028 Corporate Plan’s focus
and thorough preparation. To achieve the desired results, in PILLAR 4 (DIGITAL TRANSFORMATION) and the 2024-2028
consistency in its implementation is essential to create RSTI (Information Technology Development Plan), where the
effective and targeted synergy. These steps will support the 2024-2028 RSTI projects have been mapped annually, the
achievement of the PERFECT-I 2025 strategy, which focuses 2025 information technology development consisted of 17
on organizational strengthening, improving IT policies, projects outlined based on the seven PERFECT-I strategies as
optimizing the Core Banking system, improving infrastructure follows:
management, developing innovative business applications, and
enhancing IT system security.
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06 Technology
1. Innovative Services
Customer Service Digitalization - Enhancing the customer experience in every interaction with Bank Jatim through digital
services for a more convenient, fast, and secure user experience.
No Project Name Description
The availability of an integrated system for recording and monitoring IT service tickets, equipped with
a monitoring dashboard, solution database, and operational documentation to improve efficiency,
transparency, and quality of IT services at the Bank.
E-Ticketing & Problem-
1
Solving Application Beneficery
1. Maintaining SLAs for operations and troubleshooting
2. Ease of access and monitoring when using E-Ticketing
3. Establishing a logbook for problems and their solutions
2. Innovative Processes
Process Automation and Digital Innovation - Bank Jatim automates business processes that are still carried out manually,
implements digitalization, and develops application systems to enhance efficiency in areas such as data processing, verification,
and the implementation of other internal controls.
No Project Name Description
The Information Technology Division provided infrastructure support for Core Banking, specifically the
systems used to manage and monitor the Bank’s financial activities related to business, particularly cash
management, investments, and risk management.
New Treasury System
1
(Supporting)
Beneficery
1. More stable, faster, and more secure treasury system
2. Mitigating treasury system failures in financial market transactions
Banking aimed to monitor and analyze transaction activity in real time, detect indications of fraud early,
and provide warnings or automated actions to minimize the risk of loss and maintain customer security
and trust.
Fraud Detection System
2
(Supporting) Beneficery
1. Early fraud risk mitigation by monitoring suspicious transactions
2. Automation provides faster prevention if fraudulent transactions are detected
3. Preventive measures to prevent fraud with greater losses
Technical support and assistance in the implementation process of the custodian application system,
including configuration, integration, testing, and resolving technical issues during implementation.
Custodian application
3
system (Supporting) Beneficery
1. More stable, faster, and more secure custodian system
2. Mitigating custodian system failures in asset management and compliance
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3. Innovative Governance
Governance and Control Enhancement – Bank Jatim continuously improves governance capabilities through cross-functional
collaboration and automation of control, compliance, and audit processes. This ensures alignment with the Bank’s strategic
direction, business needs, and risk levels.
No Project Name Description
Conducting a comprehensive evaluation of the alignment between business strategy and information
technology architecture within the Bank.
This activity included analyzing the existing condition (baseline architecture), mapping applications, data,
Enterprise IT infrastructure, and IT governance to identify gaps against the desired architecture targets.
1.
Architecture Consultant
Beneficery
Reliable IT infrastructure for digital transformation and adequate performance within the specified
timeframe.
Assessing the level of compliance and effectiveness of the IT service management system implementation
within the organization, identifying gaps against standard requirements, and providing recommendations
for improvements to ensure IT services run optimally, securely, and align with business needs.
2. Surveilance ISO 20000
Beneficery
Implementing an IT service monitoring and management system in accordance with ISO 20000 standards
and compliance.
4. Innovative Ecosystem
Collaboration with the Digital Ecosystem - Bank Jatim collaborates with fintech, marketplaces, and other technology service
providers in a reciprocal collaboration to achieve a digital economy and financial inclusion.
No Project Name Description
Change Requests on the Core side to assist the business application development process.
Improve Core Banking
1
(Supporting) Beneficery
Mitigating the risk of financial and operational losses in the event of bugs or anomalies in the core.
5. Innovative X Customer Experience
Data-Driven Decision-Making - Bank Jatim leverages Business Intelligence & Data Analytics to support informed decision-making,
service personalization, business strategy development, operational efficiency enhancement, as well as risk management and
monitoring.
No Project Name Description
1 Machine Learning A system that could provide insight for decision making from data processing and analysis, interpretation,
continous Big Data and finding data patterns and trends.
Analytics TW 1 – Application Infrastructure and Software Procurement
TW 2 – 3 – Case Study-based Implementation
PT Bank Pembangunan Daerah Jawa Timur Tbk 385
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Information
06 Technology
6. Innovative Technology
Infrastructure & Security Management – Bank Jatim procures and upgrades infrastructure as needed, adopting the latest
technologies to enhance security, flexibility, scalability, and infrastructure efficiency.
No Project Name Description
1 Stage 2 - Upgrade The advanced procurement of increased branch firewall hardware and software capacity to secure traffic
Conventional & Sharia and early detection related to network security.
Branch Routers &
Switches Strengthening traffic security and the early warning system for network security from branches to the
Data Center.
Beneficiary
Improving the quality and security of network access for conventional and Sharia branches
2 Upgrade Network 1. Improving network monitoring performance (faster, more stable).
Management System 2. Adding new features such as AI-based anomaly detection, API integration, or a more interactive
(NMS) dashboard.
3. Strengthening security patches to protect the system from security vulnerabilities.
4. Supporting new devices that may be incompatible with older versions.
5. Optimizing scalability to manage a larger number of network devices.
Beneficiary
1. Maintaining network stability
2. Real-time network monitoring
3. Quick and accurate network allocation, configuration, and troubleshooting
4. Maintaining network security from unauthorized access
3 NAS Procurement Providing centralized storage media for operational data backup and recovery needs.
Beneficiary
1. Providing additional storage without reducing the main server space.
2. More secure and faster because NAS uses firmware and network access.
3. Easier to unplug if needed or upgrade to a larger size
4 Server Sun Solaris 11 (DB Server Purchasing to Replace Obsolete Server
IB DRC)
Beneficiary
Improving the performance, efficiency, and security of Sun Solaris servers.
5 Kernel-Based VM Switch Banking aimed to monitor and analyze transaction activity in real time, detect early indications of fraud,
Procurement (DC - DRC and provide alerts or automated actions to minimize the risk of loss and maintain customer security and
- KP) trust.
Beneficiary
No physical server required, KVM could be run on multiple critical devices, and resource utilization could
be more efficient.
6 Swift DRC Infrastructure Ensuring the continuity of SWIFT services by having an active and synchronized backup server in the DRC.
Beneficiary
If problems occurred with the Prod server, the DRC server could be used, and in accordance with BI and
OJK regulations requiring a DRC server for transactional purposes.
7 Firewall treasury dealing Procurement of firewall devices for the treasury dealing room and SWIFT Head Office.
room & swift head office
Beneficiary
Improving the protection of high-risk financial transactions from cyber threats.
386 PT Bank Pembangunan Daerah Jawa Timur Tbk
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No Project Name Description
8 Procurement of Backup Procurement of 1 DRC Server and the Transfer and Synchronization Process for DC and DRC Data.
Server for Dataware
House DC and DRC Beneficiary
1. Risk mitigation in the event of a mimix failure can be achieved by backing up the DRC server.
2. A backup and necessary data access procurement, as well as not burdening the DRC server.
9 AS400 Prod Machine The AS/400 server upgrade was carried out by placing a new machine as the primary Production server,
Rejuvenation while the old machine was utilized as a High Availability (HA) server, receiving real-time data replication
from Production and then asynchronously replicating the data to the Disaster Recovery Center (DRC) to
ensure the availability and continuity of the Bank’s operational services.
Beneficiary
Significantly improving the performance and efficiency of the CBS by upgrading to higher specifications.
10 Server Rejuvenation Procurement of 3 Baremetal Servers, replacing obsolete server equipment to improve performance,
(Baremetal) capacity, and reliability of IT operations.
Beneficiary
1. Maintaining and improving application performance on Baremetal.
2. Improving service and application SLAs that have been mapped to the required server specifications.
11 SDWAN Router for Improving the reliability and security of connectivity between branches and sub-branches, optimizing
conventional and sharia centralized data communication channels, accelerating information exchange, and supporting network
branches (49 Branches) operational efficiency to ensure stable and secure banking services.
Beneficiary
Improving the quality and security of network access for conventional and Sharia branches.
7. Innovative People
Development Strategy for Operating Model and Human Resources – Supported by an optimal operating model that structures
interactions between IT functions and aligns strategies with business needs, Bank Jatim also enhances human resource quality
to remain competitive at both regional and international levels.
No Project Name Deskripsi
1 Core Banking System Development of modules or features in the Core Banking System for Bank Jatim’s business process needs.
Procurement Consultant
Beneficiary
CBS was reliable, stable, and could support the Bank’s business needs in transaction processes.
2 ATM Monitoring A centralized system was available to monitor ATM operational status in real-time, including connection
Application information, cash availability, and device disruptions, along with a reporting dashboard and automatic
Enhancement (Mobile notifications to speed up response, improve service reliability, and support operational decision-making.
Version)
Beneficiary
1. ATM and CRM status monitoring is easier because it could be done via mobile.
2. Real-time monitoring to mitigate ATM CRM outages.
3. Instant EJ and Captured withdrawals for discrepancies investigation.
4. The idle screen could be used as a promotional tool for bank products.
PT Bank Pembangunan Daerah Jawa Timur Tbk 387
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2025
Annual Report
01 Performance Highlight
The Board of Directors’s
02 and The Board of
Commissioners’ Report
03 Company Profile
Management and Analysis
04
Discussion on Bank Performance
05 Human Capital
06 Information Technology
07 Tata Kelola Perusahaan
Corporate Governance
08 Corporate Social Responsibility
09 OJK Reference Index
10 Financial statements
Corporate Governance
388 PT Bank Pembangunan Daerah Jawa Timur Tbk
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PT Bank Pembangunan Daerah Jawa Timur Tbk 389
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Corporate
07 Governance
Basic for
Corporate Governance Implementation
The implementation of Corporate Governance at Bank Jatim 15. Financial Services Authority Regulation Number 27/
always refers to the applicable regulations. The basis for POJK.03/2016 concerning the Fit and Proper Test for Main
implementing Corporate Governance at Bank Jatim is as follows: Parties of Financial Services Institutions along with its
1. Law of the Republic of Indonesia Number 7 of 1992 amendments.
concerning Banking as amended several times, lastly 16. Financial Services Authority Regulation Number 29/
by Law of the Republic of Indonesia Number 6 of 2023 POJK.04/2016 concerning Annual Reports of Issuers or
concerning the Stipulation of Governmental Regulations Public Companies along with its amendments.
in Lieu of Law Number 2 of 2022 concerning Job Creation 17. Financial Services Authority Regulation Number 11/
into Law along with its amendments. POJK.03/2016 concerning Obligation of Minimum Capital
2. Law of the Republic of Indonesia Number 31 of 1999 Requirements for Commercial Banks along with its
concerning Eradication of Corruption Crimes as partially amendment.
repealed by Law of the Republic of Indonesia Number 1 of 18. Financial Services Authority Regulation Number 46/
2023 concerning Criminal Law along with its amendments. POJK.03/2017 tentang concerning Implementation of
3. Law Number 40 of 2007 concerning Limited Liability Compliance Function for Commercial Banks along with its
Companies as amended several times, lastly by Law of the amendments.
Republic of Indonesia Number 6 of 2023 concerning the 19. Financial Services Authority Regulation Number 37/
Stipulation of Governmental Regulations in Lieu of Law POJK.03/2019 Concerning Transparency and Publication
Number 2 of 2022 concerning Job Creation into Law along of Bank Reports along with its amendment.
with its amendments. 20. Financial Services Authority Regulation Number 1/
4. Corruption Eradication Commission Regulation Number 2 POJK.03/2019 concerning Implementation of the Internal
of 2019 concerning Reporting of Gratification. Audit Function in Commercial Banks along with its
5. Corruption Eradication Commission Regulation Number amendments.
07 of 2016 concerning Procedures for Registration, 21. Financial Services Authority Regulation Number 8 of 2023
Announcement and Examination of the Assets of State concerning Implementation of Anti-Money Laundering
Administrators along with its amendments. Program, Prevention of Terrorism Funding, and Prevention
6. Financial Services Authority Regulation Number 33/ of Mass Weapon Proliferation Funding in the Financial
POJK.04/2014 concerning Directors and Board of Services Sector along with its amenmdent.
Commissioners of Issuers or Public Companies along with 22. Financial Services Authority Regulation Number 17 of 2023
its amendments. concerning Implementation of Governance for Commercial
7. Financial Services Authority Regulation Number Banks along with its amendment.
34/POJK.04/2014 concerning the Nomination and 23. Financial Services Authority Regulation No. 2 of 2024
Remuneration Committee of Issuers or Public Companies concerning the Implementation of Governance for Sharia
along with its amendments. Commercial Banks and Sharia Business Units.
8. Financial Services Authority Regulation Number 35/ 24. Financial Services Authority Circular Letter Number 32/
POJK.04/2014 concerning Corporate Secretary of Issuers SEOJK.04/2015 concerning Governance Guidelines for
or Public Companies along with its amendments. Public Companies.
9. Financial Services Authority Regulation Number 21/ 25. Financial Services Authority Circular Letter Number 39/
POJK.04/2015 concerning Guidelines for Implementation SEOJK.03/2016 concerning the Fit and Proper Test for
of Public Company Governance along with its amendments. Candidates for Controlling Shareholders, Candidates for
10. Financial Services Authority Regulation Number 45/ Members of the Board of Directors, and Candidates for
POJK.03/2015 concerning the Implementation of Members of the Board of Commissioners of the Bank.
Governance in Providing Remuneration for Commercial 26. Financial Services Authority Circular Letter Number 13/
Banks along with its amendments. SEOJK.03/2017 concerning Implementation of Governance
11. Financial Services Authority Regulation Number 55/ for Commercial Banks.
POJK.04/2015 concerning the Establishment and 27. Financial Services Authority Circular Letter Number 14/
Guidelines for the Work Implementation of the Audit SEOJK.03/2017 concerning Assessment of the Soundness
Committee along with its amendments of Commercial Banks.
12. Financial Services Authority Regulation Number 4/ 28. Circular Letter of the Financial Services Authority of
POJK.03/2016 concerning Assessment of the Soundness the Republic of Indonesia Number 15/SEOJK.03/2024
of Commercial Banks along with its amendments. regarding the Implementation of Sharia Governance for
13. Financial Services Authority Regulation Number 5/ Sharia Commercial Banks and Sharia Business Units, and
POJK.03/2016 concerning Bank Business Plans along with its amendments;
its amendments. 29. Circular Letter of the Financial Services Authority of
14. Financial Services Authority Regulation Number 18/ the Republic of Indonesia Number 14/SEOJK.03/2025
POJK.03/2016 concerning the Implementation of Risk concerning the Implementation of Sharia Governance for
Management for Commercial Banks along with its amendments. Commercial Banks, and its amendments;
30. Articles of Association of PT East Java Regional
Development Bank Tbk. along with the changes.
390 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
In addition to the required provisions of the various laws and regulations above, the Company also bases on the GCG implementation
guidelines as follows.
1. Principles of Corporate Governance developed by the Organization for Economic Cooperation and Development (OECD).
2. ASEAN Corporate Governance Scorecard.
3. Indonesian GCG Guidelines developed by the National Committee on Governance Policy (KNKG).
4. Principles for Enhancing Corporate Governance published by the Basel Committee on Banking Supervision.
Structure and Mechanism
of Corporate Governance
Structure of Corporate Organs
Based on the Law of the Republic of Indonesia Number 40 of 2007 concerning Limited Liability Companies, the Organs of the Company
consists of General Meeting of Shareholders (GMS), Board of Commissioners and Board of Directors. Its administration adopts a two
tier system, namely Board of Commissioners and Board of Directors, who have specific authority and responsibility based on their
respective functions as specified in the Articles of Association and the laws and regulations. Bank Jatim also had supporting organs
under the Board of Commissioners and Directors in order to support the effectiveness of the duties and responsibilities of the Main
Organs.
The structure of the corporate organs is presented in the chart below.
Principles of
Corporate Responsible
Transparency Accountability Person Independence Fairness
Governance
General Meeting
of Shareholders
Main
Organs
Board of
Commissioners
Board of
Vision, Mission, Company Values
Good Corporate Sustainability
Directors
Committees under the
Board of Commissioners
Audit Risk Monitoring
Committee Committee Compliance
Committees under the & AML PPT
Board of Directors Division
Remuneration
& Nomination ALCO Risk Risk
Committee Committee Management Management
Committee Division
Supporting
Organs Personnel
Management IT Committee Corporate
Committee Secretary
Credit/ Credit Policy
Financing Credit/ Internal Audit
Committee Financing Division
Product and Sustainability
Network Committee
Committee
Stakeholders
Customer Employee Community
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Corporate
07 Governance
Governance Soft Structure
In addition to the structure of the Company’s Organs, Bank Jatim also has a governance soft structure which is the provisions set by
the Board of Directors to implement GCG principles at all levels of the organization. In its implementation, Bank Jatim has various
policies/ guidelines in carrying out its functions and duties which are called the Bank’s governance infrastructure. The objectives of
building the Bank’s governance infrastructure are as follows.
Validation
No. Guideline Guideline Number
Date
1. Deed of Establishment Deed of Establishment of PT Bank Pembangunan Daerah May 1, 1999
Jawa Timur Number 1 on May 1, 1999, and ratified by the
Minister of Justice Number: C2-8227.HT.01.01.TH.99 on May
5, 1999
2. Articles of Association Deed of Establishment of PT. Bank Pembangunan Daerah May 1, 1999
Jawa Timur Number 1 on May 1, 1999
Deed of Restatement of Meeting Decisions of PT. Bank June 24, 2025
PembangunanDaerah Jawa Timur Tbk Number 94 dated June
24, 2025
3. Internal Audit Product and Activity Policy (KPA) 060/02/04/DIR/AUI/KEP November 30, 2021
4. (KPA) Human Capital 061/02/04/DIR/HCP/KEP November 21, 2022
AML, PPT & PPPSPM Product and Activity Policy 062/02/03/DIR/KPT/KEP December 12, 2023
5.
(KPA)
6. Accounting Product and Activity Policy (KPA) 063/02/02/DIR/AMK/KEP April 4, 2024
7. Risk Management Product and Activity Policy (KPA) 064/02/03/DIR/MJR/KEP August 26, 2025
Credit or Financing Product and Activity Policy (KPA 064/02/03/DIR/MJR/KEP December 16, 2025
8.
PAP)
Accounting Product and Activity Policy (KPA) 064/02/01/DIR/AMK/KEP January 9, 2025
9.
(Changes)
Information Technology Product and Activity Policy 065/02/01/DIR/TEI/KEP January 12, 2026
10
(KPA)
Standard Operating Procedure (SOP) for the Board 063/03/51/DKM/KEP March 28, 2024
11.
of Commissioners
Standard Operating Procedure (SOP) for the 060/03/DK/KEP January 18, 2021
Selection and/or Replacement of Members of the
12.
Board of Commissioners Committees (Parties)
Independent)
Standard Operating Procedure (SOP) for the 060/03/04/DK/KEP May 28, 2021
13. Nomination and/or Replacement of Members of the
Board of Commissioners and Board of Directors
Changes to the Standard Operating Procedure (SOP) 060/03/18/DK/KEP June 28, 2021
14. for the Selection and/or Replacement of Members of
the Board of Commissioners and Board of Directors
Standard Operating Procedure (SOP) Internal Audit 061/03/60/DIR/AUI/KEP December 27, 2022
15.
Activities
Standard Operating Procedure (SOP) Grading and 062/03/36/DIR/HCP/KEP June 8, 2023
16.
Remuneration System
Standard Operating Procedure (SOP) for Financial 062/03/69/DIR/AMK/KEP December 12, 2023
17.
Reporting
Standard Operating Procedure (SOP) for Corporate 063/03/01/DIR/CSE/KEP January 9, 2024
18.
Secretary
392 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Validation
No. Guideline Guideline Number
Date
Standard Operating Procedure (SOP) for Developing 063/03/15/DIR/PSM/KEP February 26, 2024
19.
Bank Strategic Plans and Business Plans
Standard Operating Procedure (SOP) Market Risk 063/03/21/DIR/MRS/KEP February 27, 2024
20.
Management
Standard Operating Information Technology 063/03/37/DIR/TEI/KEP March 8, 2024
21.
Security Standard Operating Procedure (SOP)
22. Standard Operating Procedure (SOP) Compliance 063/03/44/DIR/KPT/KEP March 21, 2024
Standard Operating Procedure (SOP) for Information 063/03/43/DIR/TEI/KEP March 21, 2024
23.
Technology Governance
Standard Operating Procedure (SOP) for the Work of 063/03/52/DKM/KEP March 28, 2024
24.
the Board of Commissioners Committees
Standard Operating Procedure (SOP) Operational 063/03/60/DIR/MRS/KEP April 19, 2024
25.
Risk Management
Standard Operating Procedure (SOP) Personal Data 063/03/62/DIR/TEI/KEP April 22, 2024
26.
Protection Information Technology
Standard Operating Procedure (SOP) Conflict of 063/03/68/KPT/KEP April 29, 2024
27.
Interest
Standard Operating Procedure (SOP) for the Work of 063/03/76/DIR/CSE/KEP May 8, 2024
28.
the Board of Directors
Standard Operating Procedure (SOP) for 063/03/75/DIR/PSM/KEP May 8, 2024
29.
Implementing Sustainable Finance
Standard Operating Procedure (SOP) for Social and 063/03/83/DIR/CSE/KEP May 20, 2024
30.
Environmental Responsibility
Standard Operating Procedure (SOP) Prevention of 063/03/113/DIR/KPT/KEP June 20, 2024
31. Money Laundering, Terrorism, and the Prevention of
Corruption
Standard Operating Procedure (SOP) Eradication of 063/03/114/DIR/KPT/KEP June 20, 2024
32. Money Laundering, Terrorism, and the Prevention of
Corruption
Standard Operating Procedure (SOP) for Bank 063/03/147/DIR/MPA/KEP December 31, 2024
33.
Business Groups (BBG))
Technical Guidelines for Bank Governance Self- 063/04/124/KPT/SE December 31, 2024
34.
Assessment within Bank Business Groups (BBG)
Technical Guidelines for Implementing Corporate 063/04/123/CSE/SE December 31, 2024
35.
Actions of Bank Business Group Subsidiaries (BBG)
Standard Operating Procedure (SOP) for Financial 064/03/01/DIR/AMK/KEP January 9, 2025
36.
Reporting (Changes)
Standard Operating Procedure (SOP) Anti-Fraud 064/03/02/DIR/AUI/KEP January 31, 2025
37.
Strategy
38. Standard Operating Procedure (SOP) Investor 064/03/19/DIR/CSE/KEP May 21, 2025
Management
Standard Operating Procedure (SOP) Credit Risk 064/03/31/DIR/MRS/KEP August 14, 2025
39.
Management
Standard Operating Procedure (SOP) for the Work of 064/03/21/DIR/CSE/KEP June 4, 2025
40.
the Board of Directors (Changes)
PT Bank Pembangunan Daerah Jawa Timur Tbk 393
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Corporate
07 Governance
Validation
No. Guideline Guideline Number
Date
Standard Operating Procedure (SOP) 064/03/01/DK/KEP June 24, 2025
41. Implementation of Governance for Remuneration for
Management and its Facilities
Standard Operating Procedure (SOP) Liquidity Risk 064/03/45/DIR/MRS/KEP November 27, 2025
42.
Management
Technical Guidelines for Bank Governance Self- 064/04/66/KPT/SE December 3, 2025
43.
Assessment
Standard Operating Procedure (SOP) Bank 064/03/56/DIR/MRS/KEP December 29, 2025
44.
Soundness Assessment
Corporate Governance Mechanism In addition, Shareholders also have the right to approve
remuneration and election for members of the Board of
Shareholders Directors and Board of Commissioners and to propose agenda
items for the GMS and propose holding a GMS in accordance
In the Articles of Association, Shareholders are Series A with the ownership percentage requirements. As long as there
Shareholders and Series B Shareholders, unless expressly is no other stipulation in the Articles of Association, series A
stated otherwise. The Company’s shares consist of series shareholders & series B shareholders have the same rights and
A shares which are exclusively owned by the Provincial, City every 1 (one) share gives 1 (one) vote.
and Regency Governments in East Java and Series B shares
which can be owned by Directors, Board of Commissioners, All Shareholders have the same rights in obtaining information
Employees, Provincial Governments, City and Regency related to the Bank. Bank Jatim provides the same treatment
Governments throughout East Java and the community. to all Shareholders in providing information needed by
Shareholders have an important role in the implementation investors or Shareholders so that there is no inside information
of corporate governance. The role of shareholders in the that is only known by the Majority Shareholders. The Bank also
implementation of corporate governance is reflected in the encourages the involvement of Shareholders outside the GMS
convening of the General Meeting of Shareholders (GMS) through investor relations, one on one meetings and analyst
meetings.
Rights of The Shareholders
General Meeting of Shareholders
By regarding the Articles of Association of the Company based
on the Deed of Restatement of Meeting Resolutions of PT Bank The General Meeting of Shareholders (GMS) of the Company
Pembangunan Daerah Jawa Timur Tbk Number 94 dated June consisted of the Annual GMS and Extraordinary GMS. Annual
24, 2025, Article 5 paragraph (2) of the Articles of Association GMS was held annually no later than 6 (six) months after the
of the Company stipulated the rights of shareholders as follows Company’s financial year was closed. Extraordinary GMS could
1. Series A is shares which give special rights to their holders be held at any time based on the need to discuss and decide on
in the attendance and approval quorum as referred to in the agenda of the meeting.
Article 14 of the Articles of Association for:
a. Attending and approving the appointment, dismissal Rules of GMS
and approval of the resignation of the Directors and
Board of Commissioners. 1. At the implementation of the GMS, the rules of procedure
b. Attending and approving changes in the articles of for the GMS are given to the shareholders who are present.
association for issuance of equity securities or changes 2. The GMS agenda is read out before the GMS begins.
in issued and paid up capital. 3. At the opening of the GMS, the chairperson of the GMS
c. Attending and approving stock deposits in the form of provides an explanation to the shareholders that contains
objects other than money, both tangible and intangible at least:
objects. a. General condition of the Bank.
d. Attending and approving the merger, consolidation, b. Meeting agenda.
acquisition and separation and submission of an c. Decision-making mechanism related to meeting
application so that the Company is declared bankrupt agenda through voting method.
and the liquidation of the Company. d. Procedures for exercising shareholder rights to submit
2. Except for the special rights referred to in paragraph (2) questions and/or opinions.
letter a of article 5, holders of series B shares shall have the
same rights.
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If the meeting agenda concerns the appointment of members members of the Board of Commissioners are absent or unable
of the Board of Directors and/or members of the Board of to attend due to any reason that does not need to be proven
Commissioners, the curriculum vitae of prospective members to a third party, the GMS is chaired by a member of the Board
of the Board of Directors and/or members of the Board of of Directors who is appointed by the Board of Directors. In the
Commissioners to be appointed shall be submitted via the Bank event that all members of the Board of Directors are absent
Jatim website. or unable to attend, the GMS shall be chaired by shareholders
who attend the GMS who are appointed from and by the GMS
The Process of Implementing a GMS and Voting participants.
The GMS is held by making announcements and summons to The GMS can be held if attended by shareholders or their legal
the Shareholders. Announcement of the GMS shall be made proxies who represent more than ½ (one half) of the total
no later than 14 (fourteen) days prior to the summons for the number of valid shares and the decision is approved by more
GMS, excluding the date of announcement and the date of the than ½ (one half) of the total shares with voting rights present.
invitation. Summons to the GMS shall be made no later than 21 in the GMS unless otherwise stipulated in the applicable laws
(twenty-one) days before the GMS, excluding the date of the and regulations.
summons and the date of the GMS.
Each shareholder can be represented at the GMS by other
The summons for the GMS at least contain information on holders or a third party with a proxy. The proxy form has been
the date of the GMS, the time for holding the GMS, the venue, available on the Bank website since the summons for the GMS.
provisions for shareholders who are entitled to attend the GMS, Each share gives the owner the right to cast 1 (one) vote. Voting
the agenda of the meeting including an explanation of each can be done electronically (poll). All decisions are made based
agenda item, and information stating that materials related to on deliberation to reach consensus. In the event that a decision
the agenda of the meeting are available to shareholders from based on deliberation to reach a consensus is not reached, then
the date of the invitation to the GMS until the GMS is held. the decision is made based on an agreed vote as determined
in the articles of association of the Bank. The GMS minutes
The GMS is chaired by a member of the Board of Commissioners stated that shareholders were given the opportunity to submit
who is appointed by the Board of Commissioners who is questions/opinions and the questions raised by shareholders
appointed by the Board of Commissioners. In the event that all and answers given.
Implementation of Annual GMS For Fiscal Year 2024 and Its Realization
Information Notification Summons Implementation GMS Results
Announcement of the Advertising announcements Advertising the Summons Held on Thursday, May • Submission of the
Meeting Implementation regarding the Meeting to Shareholders on the 22, 2025, at the Bank Summary of Minutes to
to the Financial Services Summons to Shareholders Indonesia Stock Exchange Jatim Head Office. the Financial Services
Authority with letter on the Indonesia Stock website, PT KSEI website, and Authority, number
number 064/175/DIR/ Exchange website, the the Company's website with 064/271/DIR/CSE/Srton
CSE/Srt on March 26, Indonesian Central Securities letter number 064/233/DIR/ May 26, 2025
2025 Depository website and the CSE/Srt on April 29, 2025. • Submission of the
Company's website with The Invitation was delivered in Minutes to the Financial
letter number 064/200/ Bahasa Indonesia and English Services Authority,
DIR/CSE/Srt on April 14, versions. number 064/361/DIR/
2025. The notification was CSE/Srt on June 19, 2025
made in Bahasa Indonesia
and English versions.
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
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07 Governance
Attendance Recapitulation at The Annual GMS for Fiscal Year 2024
The Board of Commissioners and Directors of Bank Jatim who attended the 2024 Annual GMS are as follows.
No. Name Position Attendance
Board of Commissioners
1 Muhammad Mas’ud Independent Commissioner Present
2 Adhy Karyono Commissioner Present
3 Sumaryono Independent Commissioner Present
4 Dadang Setiabudi Independent Commissioner Present
Sharia Supervisory Board
5 KH. Afifuddin Muhajir Chairman of the Sharia Supervisory Board Present Online
6 Sukadiono Member of the Sharia Supervisory Board Present
Board of Directors
7 Busrul Iman President Director Present
8 Edi Masrianto Finance, Treasury & Global Services Director Present
9 Umi Rodiyah Compliance Director Present
10 Eko Susetyono Risk Management Director Present
11 R. Arief Wicaksono Micro, Retail & Sharia Business Director Present
12 Arif Suhirman Medium, Corporate Business, and Network Director Present
13 Zulhelfi Abidin IT, Digital and Operation Director Present
Resolutions and Realization if Annual GMS for The 2024 Fiscal Year
First Meeting Agenda
Approval of the Company’s Annual Report concerning the Company’s Condition and Operations during the 2024 Fiscal Year, including the Report
on the Implementation of the Board of Commissioners’ Supervisory Duties during the 2024 Fiscal Year, and Ratification of the Company’s Financial
Statements for the 2024 Fiscal Year.
Six shareholders raised questions and/or provided opinions.
Voting Results
Agree : 12.271.142.936 atau 99,935%
Disagree : 473.800 atau 0,003%
Abstain : 7.435.276 atau 0,06%
Resolution
Approving and ratifying:
a) The Company’s Annual Report submitted by the Board of Directors for the 2024 Fiscal Year;
b) The Supervisory Duties Report submitted by the Board of Commissioners for the 2024 Fiscal Year;
c) The Company’s Financial Statements for the fiscal year ending December 31, 2024, was audited by the Public Accounting Firm of Paul Hadiwinata,
Hidajat, Arsono, Retno, Palilingan & Rekan in accordance with the Independent Auditor’s Report on March 20, 2025, with an opinion of “Fair in All
Material Respects.
Due to the approval and ratification of the Annual Report, the Board of Commissioners’ Supervisory Report, and the Company’s Financial Statements
for the 2024 Fiscal Year, the Meeting granted full release and discharge (acquit et de charge) to members of the Board of Directors for their
management actions and to members of the Board of Commissioners for their supervisory actions performed during the fiscal year ending December
31, 2024, providing that such actions were reflected in the Company’s Financial Statements.
Status: Realized
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Annual Report
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Second Meeting Agenda
Determination of the Use of the Company’s Net Profit for the 2024 Fiscal Year, Including Bonuses for Employees, Bonuses, and Remuneration for the
Board of Directors and Board of Commissioners
None of the Shareholders raised questions and/or expressed opinions.
Voting Results
Agree : 12.213.993.712 atau 99,470%
Disagree : 64.678.300 atau 0,526%
Abstain : 380.000 atau 0,003
Resolution
1) Approving the Utilization of the Company’s Profit for the 2024 Fiscal Year as follows:
a. An amount of IDR821,497,900,066.22 (eight hundred twenty one billion four hundred ninety seven million nine hundred thousand sixty six
rupiah point twenty two cents) or 64.12% (sixty four point twelve percent) of the net profit for the 2024 Fiscal Year was determined as a cash
dividend for the 2024 Fiscal Year, so an amount of IDR54.71 (fifty four point seventy one rupiah) per share, determined as a cash dividend for the
2024 Fiscal Year was distributed in cash and distributed to shareholders registered in the Company’s Shareholder Register as of June 5, 2025
and paid on June 19, 2025. Furthermore, granting power and authority to the Board of Directors to regulate the procedures for payment of the
cash dividend.
b. An amount of IDR459,618,302,352 (four hundred fifty nine billion six hundred eighteen million three hundred two thousand three hundred fifty
two rupiah) or 35.88% (thirty five point eighty eight percent) of the net profit for the 2024 Fiscal Year was designated as General Reserves.
2) Furthermore, in accordance with the provisions of the applicable Financial Accounting Standards Regulations and considering the results of
the Meeting Resolution of the Remuneration & Nomination Committee Number: 064/05/DKM/KRN/RR on April 18, 2025, we proposed the
determination of the distribution of employee bonuses and tantiem for the Company’s Management, namely the Board of Directors and the Board
of Commissioners together with those who assist the duties of the Board of Commissioners including the Sharia Supervisory Board for the 2024
Fiscal Year to be reserved in the amount of IDR320,279,050,604 (three hundred twenty billion two hundred seventy-nine million fifty thousand
six hundred and four rupiah) with the same distribution percentage as the previous year, as follows:
a) Employee bonuses amounting to 86.5% (eighty-six point five percent);
b) Tantiem for the Company’s Management, consisting of the Board of Directors and the Board of Commissioners, along with those assisting the
Board of Commissioners, including the Sharia Supervisory Board, amounting to 13.5% (thirteen point five percent). The amount was paid in cash,
and in accordance with POJK No. 45/POJK.03/2015, specifically for the Board of Commissioners and Directors, bonuses were be deferred in
cash and shares through the Long-Term Incentive program.
Granting authority to the Company’s Board of Directors to distribute among those entitled by taking into account the applicable provisions and
regulations.
Granting authority and power to the Board of Commissioners to determine the remuneration of the Company’s management, such as the Board of
Directors and the Board of Commissioners together with those who assist the Board of Commissioners’ duties, including the Sharia Supervisory
Board in 2025, by considering the proposals from the Remuneration and Nomination Committee and reporting in the Annual Report.
Status: Realized
Third Meeting Agenda
Granting Power of Attorney to the Board of Commissioners to Appoint a Public Accounting Firm to Audit the Company’s Financial Statements for the
2025 Fiscal Year
None of the Shareholders raised questions and/or expressed opinions.
Voting Results
Agree : 12.185.662.112 atau 99,239%
Disagree : 92.949.200 atau 0,756%
Abstain : 440.700 atau 0,003%
Resolution
Approving to grant authority to the Board of Commissioners to appoint a Public Accounting Firm to audit the Company’s financial statements for
the 2025 Fiscal Year.
Status: Realized
PT Bank Pembangunan Daerah Jawa Timur Tbk 397
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Corporate
07 Governance
Fourth Meeting Agenda
Changes to the Company’s Articles of Association
None of the Shareholders raised questions and/or expressed opinions.
Voting Results
Agree : 12.222.801.712 atau 99,541%
Disagree : 56.014.200 atau 0,456%
Abstain : 236.100 atau 0,001%
Resolution
1. Approving the proposed Changes to Articles of Association, as follows:
a. Changes related to the management of the Board of Directors in:
• Article 15 section (1), (3) point c, point (8), point (10);
• Article 16 point (7);
• Article 17 point (3);
b. Changes related to the provisions of the Board of Commissioners in:
• Article 18 section (10), section (14);
• Article 20 section (1);
c. Changes related to the provisions of the Sharia Supervisory Board in:
•● Article 21 section (1) points a, b, and c;
• Article 21 section (2) points a, b, and c;
• Article 21 section (3);
• Article 21 section (4);
• Article 21 section (5);
• Article 21 section (6);
• Article 21 section (7);
Granting power and authority to the Company’s Board of Directors with the right of substitution to exercise any necessary actions related to the
decision of the Fourth Agenda, including compiling and restating all Articles of Association in a Notarial Deed and submitting thereof to the authorized
agency to obtain approval or an acknowledgment of changes to the Articles of Association.
Status: Realized
Fifth Meeting Agenda
Recovery Plan Approval
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 12.278.137.212 atau 99,992%
Disagree : 374.200 atau 0,003%
Abstain : 540.600 atau 0,004%
Resolution
Approving the proposed Recovery Plan, including the four sections, as follows:
1. Executive Summary
2. Bank Overview
3. Recovery Options
4. Disclosure of the Recovery Action Plan
Status: Realized
Sixth Meeting Agenda
Changes to the Company’s Management Composition
None of the Shareholders raised questions and/or provided opinions.
398 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 399
Annual Report
2025
Voting Results
Agree : 11.960.037.882 atau 97,401%
Disagree : 318.056.030 atau 2,590%
Abstain : 958.100 atau 0,007%
Resolution
1. Honorably dismissing:
- Independent Commissioner: Sumaryono
- President Director: Busrul Iman
- Director of Finance, Treasury & Global Services: Edi Masrianto
- Director of IT, Digital & Operations: Zulhelfi Abidin
- Director of Risk Management: Eko Susetyono
- Sharia Supervisory Board: Sukadiono
2. Approving and nominating:
- Independent President Commissioner* : Adi Sulistyowati
- Independent Commissioner* : Asri Agung Putra
- Independent Commissioner*: Nurul Ghufron
effective upon the closing of this Meeting, with a term of office until the closing of the 4th Annual General Meeting of Shareholders from the
nomination date, or after his/her successor passed the Fit and Proper Test by the Financial Services Authority.
* effective upon passing the Fit and Proper Test by the Financial Services Authority.
- President Director* : Winardi Legowo
- Vice-President Director*: R. Arief Wicaksono
- Director of Micro, Retail & Sharia Business* : Tonny Prasetyo
- Director of Finance, Treasury & Global Services*: RM Wahyukusumo Wisnubroto
- Director of IT, Digital and Operations* : Wiweko Probojakti
- Director of Risk Management* : Wioga Adhiarma Aji
effective upon the closing of this Meeting, with a term of office until the closing of the 5th Annual General Meeting of Shareholders from the
nomination date, or after his/her successor passed the Fit and Proper Test by the Financial Services Authority.
* effective upon passing the Fit and Proper Test by the Financial Services Authority.
3. Approving and nominating:
- Sharia Supervisory Board* : Moh. Nasih
- Sharia Supervisory Board* : H. Ir. Tamhid Mashudi
effective upon the closing of this Meeting, with a term of office until the closing of the 4th Annual General Meeting of Shareholders from the
nomination date, or after his/her successor passed the Fit and Proper Test by the Financial Services Authority.
* effective upon passing the Fit and Proper Test by the Financial Services Authority.
Therefore, the composition of the Company’s Management was as follows:
Board of Commissioners:
- Independent President Commissioner* Adi Sulistyowati
- Commissioner Adhy Karyono
- Independent Commissioner Muhammad Mas’ud
- Independent Commissioner Dadang Setiabudi
- Independent Commissioner* Asri Agung Putra
- Independent Commissioner* Nurul Ghufron
* effective upon passing the Fit and Proper Test by the Financial Services Authority.
Board of Directors:
- President Director* Winardi Legowo
- Vice-President Director* R. Arief Wicaksono
- Director of Micro, Retail, and Sharia Business* Tonny Prasetyo
- Director of Compliance Umi Rodiyah
- Director of Finance, Treasury & Global Services* RM Wahyukusumo Wisnubroto
- Director of Medium, Corporate & Network Business Arif Suhirman
- Director of IT, Digital & Operations* Wiweko Probojakti
- Director of Risk Management* Wioga Adhiarma Aji
* effective upon passing the Fit and Proper Test by the Financial Services Authority..
Sharia Supervisory Board:
- Chairman: KH Afifuddin Muhadjir
- Member* : Moh. Nasih
- Member* : H. Ir. Tamhid Mashudi
* effective upon passing the Fit and Proper Test by the Financial Services Authority.
1. Granting power and authority to the Board of Commissioners to determine the remuneration of the appointed Board of Commissioners,
Directors, and/or Sharia Supervisory Board members until the announcement of the results of the Financial Services Authority’s Fit and
Proper Test, considering the recommendations of the Remuneration and Nomination Committee.
2. In the event that the appointed Board of Commissioners, Directors, and/or Sharia Supervisory Board members failed the fit and proper test
by the Financial Services Authority or a vacancy occurs, the Meeting authorizes the Governor of East Java, as the Controlling Shareholder, to
form a Selection Committee tasked with selecting candidates for the Company’s management.
3. Granting power and authority to the Board of Commissioners to allocate vacant Director duties to existing Directors.
Granting power and authority to the Board of Directors with the right of substitution to exercise any necessary processes and actions, including
notification to the regulators as required by applicable laws and regulations.
Status: Realized
PT Bank Pembangunan Daerah Jawa Timur Tbk 399
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Corporate
07 Governance
Implementation of Annual GMS For Fiscal Year 2023 and Its Realization
Information Notification Invitation Implementation GMS Results
Notification of a Meeting Publishing an announcement Publishing the Notice of The meeting is - Submission of the
to be Held with the regarding the convening Meeting to Shareholders on scheduled to be Meeting Summary to
Financial Services of a General Meeting of the websites of the Indonesia held on Wednesday, the Financial Services
Authority, Reference Shareholders on the websites Stock Exchange, PT KSEI, February 7, 2024, at Authority, Reference
Number 062/405.2/ of the Indonesia Stock and the Company’s website, the Head Office of Number 063/51/ CSE/
DIR/CSE/Srt, Dated Exchange, PT Kustodian Reference Number 063/016/ Bank Jatim. CMAI/Srt, Dated February
December 21, 2023. Sentral Efek Indonesia, and DIR/CSE/Srt, Dated January 13, 2024.
the Company’s website, 16, 2024. The notice is - Submission of the
Reference Number 063/01/ provided in both Indonesian Minutes of Meeting to
DIR/CSE/Srt, Dated January and English. the Financial Services
2, 2024. The announcement Authority, Reference
is made in both Indonesian Number 063/107/ CSE/
and English. CMAI/Srt, Dated February
28, 2024.
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
Attendance Recapitulation at The Annual GMS for Fiscal Year 2023
The Board of Commissioners and Directors of Bank Jatim who attended the 2023 Annual GMS are as follows.
No. Name Position Attendance
1. Muhammad Mas’ud Independent Commissioner Present
2. Adhy Karyono Commissioner Present
3. Candra Fajri Ananda Independent Commissioner Present
4. Sumaryono Independent Commissioner Present
5. Busrul Iman President Director Present
6. Edi Masrianto Finance, Treasury andd Global Services Director Present
7. Tony Prasetyo Compliance Director Present
8. R. Aried Wicaksono Micro, Retail and Medium Enterprises Director Present
9. Eko Susetyono Risk Management Director Present
10. Zulhelfi Abidin IT and Digital Director Present
Decisions and Realization of the Annual GMS for Fiscal Year 2023
First Meeting Agenda
Approval of the Company’s Annual Report concerning the Company’s Condition and Operations during the 2023 Fiscal Year, including the Report
on the Implementation of the Board of Commissioners’ Supervisory Duties during the 2023 Fiscal Year, and Ratification of the Company’s Financial
Statements for the 2023 Fiscal Year.
One shareholder raised questions and/or provided opinions.
400 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 401
Annual Report
2025
Voting Results
Agree : 12.544.113.826 Shares, (99,941%), consisting of Series A: 11.934.147.982 Shares and Series B: 609.965.844 Shares
Disagree : 8.400 Shares (0,0000669%), all of which were Series B Shares
Abstain : 7.343.276 Shares (0,058%), all of which were Series B Shares
Resolution
1. Approving and ratifying:
a. The Company’s Annual Report submitted by the Board of Directors for the 2023 Fiscal Year.
b. The Supervisory Report submitted by the Board of Commissioners for the 2023 Fiscal Year.
c. The Company’s Financial Statements for the fiscal year ending December 31, 2023, audited by the Public Accounting Firm of Paul Hadiwinata,
Hidajat, Arsono, Retno, Palilingan & Rekan in accordance with the Independent Auditor’s Report on January 15, 2024, with an opinion of Fair in
All Material Respects.
2. Due to the approval and ratification of the Annual Report, the Supervisory Report of the Board of Commissioners, and the Company’s Financial
Statements for the 2023 Fiscal Year, the meeting granted full release and discharge (acquit et de charge) to members of the Board of Directors for
their management actions and to members of the Board of Commissioners for their supervisory actions performed during the fiscal year ending
December 31, 2023, providing that such actions were reflected in the Company’s Financial Statements.
Status: Realized
Second Meeting Agenda
Determination of the Use of the Company’s Net Profit for the 2023 Fiscal Year Including the Provision of Bonuses for Employees and Tentatives and
Remuneration for the Board of Directors and Board of Commissioners.
One shareholder raised questions and/or provided opinions.
Voting Results
Agree : 12.475.334.446 Shares (99,393%), consisting of Series A: 11.934.147.982 Shares and Series B: 541.186.464 Shares
Disagree : 76.105.856 Shares (0,606%), all of which were Series B Shares
Abstain : 25.200 Shares (0,0002%), all of which were Series B Shares
Resolution
1. Approving the utilization of the Company’s profits for the 2023 fiscal year as follows:
a. As of 55.55% (fifty-five point fifty-five percent) of the net profit for the 2023 fiscal year, or IDR816,692,940,679.98 (eight hundred sixteen
billion six hundred ninety-two million nine hundred forty thousand six hundred seventy-nine point ninety-eight rupiah), was designated as a
cash dividend for the 2023 fiscal year. Therefore, an amount of IDR54.39 (fifty-four point thirty-nine rupiah) per share, designated as a cash
dividend for the 2023 fiscal year, was distributed in cash to all shareholders registered in the Company’s Shareholder Register as of February
22, 2024, and paid no later than March 8, 2024. Furthermore, the Board of Directors was granted the power and authority to regulate the
procedures for the payment of the cash dividend.
b. As of 44.45% (forty-four point forty-five percent) or IDR653,411,992,299.02 (six hundred fifty-three billion four hundred eleven million nine
hundred ninety-two thousand two hundred ninety-nine point zero two rupiah) was designated as General Reserves.
2. Accordingly, the Bonus and Tantiem Reserves established for the 2023 Fiscal Year amounted IDR367,526,233,244.00 (three hundred sixty-seven
billion five hundred twenty-six million two hundred thirty-three thousand two hundred forty-four rupiah). Referring to the resolution of the 2022
AGM, which granted the Board of Commissioners the authority and power to determine the remuneration of the Company’s Management for the
2023 fiscal year, through the resolution of the Board of Commissioners Meeting held on January 29, 2024, and considering the proposal from the
Remuneration and Nomination Committee, it was decided to distribute employee bonuses and bonuses to the Company’s Management, such as
the Board of Directors and the Board of Commissioners, along with those assisting the Board of Commissioners, including the Sharia Supervisory
Board, for the 2023 Fiscal Year, with the following percentage distribution:
a. Employee bonuses were 86.5% (eighty-six point five percent).
b. Tantiem for the Company’s Management, such as the Board of Directors and the Board of Commissioners, along with those assisting the
Board of Commissioners, including the Sharia Supervisory Board, was 13.5% (thirteen point five percent). This amount was paid in cash, and in
accordance with the provisions of POJK Number 45/POJK.03/2015 specifically for the Board of Commissioners and the Board of Directors, and
some bonuses were deferred in cash and shares through the Long-Term Incentive program.
Granting authority to the Company’s Board of Directors to distribute the Company’s assets among those entitled thereof, considering applicable
provisions and regulations.
3. Granting authority and power to the Board of Commissioners to determine the remuneration of the Company’s management, namely the Board
of Directors and the Board of Commissioners, along with those assisting the Board of Commissioners, including the Sharia Supervisory Board, for
2024 fiscal year, considering recommendations from the Remuneration and Nomination Committee and reporting this in the Annual Report.
Status: Realized
Third Meeting Agenda
Approving to grant authority to the Board of Commissioners to appoint a Public Accounting Firm to audit the Company’s financial statements for the
2024 Fiscal Year.
Voting Results
Agree : 12.447.060.646 Shares (99,168%), consisting of Series A: 11.934.147.982 Shares and Series B: 512.912.664 Shares
Disagree : 104.380.056 Saham (0,83%), all of which were Series B Shares
Abstain : 24.800 Saham (0,00019%), all of which were Series B Shares
Resolution
Approving to grant authority to the Board of Commissioners to appoint a Public Accounting Firm to audit the Company’s financial statements for the
2024 Fiscal Year.
Status: Realized
PT Bank Pembangunan Daerah Jawa Timur Tbk 401
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Corporate
07 Governance
Fourth Meeting Agenda
Approval of the Company’s Corporate Action
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Setuju : 12.021.661.182 Shares (95,778%), consisting of Series A: 11.934.147.982 Shares and Series B: 87.513.200 Shares
Disagree : 529.779.220 Shares (4,22%), all of which were Series B Shares
Abstain : 25.100 Shares (0,0002%), all of which were Series B Shares
Resolution
Approving the Company’s Corporate Action in the form of Capital Participation in Bank Lampung for the process of establishing a Bank Business
Group (BBG) as referred to in POJK Number 12/POJK.03/2020 concerning General Bank Consolidation.
Status: Realized
Fifth Meeting Agenda
Changes to Pension Fund Regulations
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 12.048.072.482 Shares (95,989%) consisting of Series A: 11.934.147.982 Shares and Series B: 113.924.500 Shares
Disagree : 502.637.520 Shares (4,0046%), all of which were Series B Shares
Abstain : 755.500 Saham (0,006%), all of which were Series B Shares
Resolution
1. Approving changes to the Pension Fund Regulations.
2. Approving the authorization of the Pension Fund Founder, namely the Board of Directors, to provide approval for any future changes to the
Pension Fund regulations that affect funding, in accordance with the Company’s financial condition.
Status: Realized
Sixth Meeting Agenda
Changes to the Company’s Management Composition
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 12.020.956.982 Shares (95,77%), consisting of Series A: 11.934.147.982 Shares and Series B: 86.809.000 Shares
Disagree : 530.482.020 Shares (4,226%), all of which were Series B Shares
Abstain : 26.500 Shares (0,0002%), all of which were Series B Shares
Resolution
1. Honorably dismissing the members of the Board of Commissioners and Board of Directors from their positions, effective as of the closing of the
meeting with gratitude for the contribution of energy and ideas given during their term of office at the Company, as follows:
President Commissioner : Alm. Suprajarto
Independent Commissioner : Candra Fajri Ananda
Director of Compliance : Tonny Prasetyo
2. Approving and nominating the Company’s Management as follows:
Director of Compliance : Umi Rodiyah*
Effective upon the closing of this meeting, with a term of office ending at the closing of the 5th Annual General Meeting of Shareholders from the
nomination date, or after his successor passed the Fit and Proper Test by the Financial Services Authority.
*effective upon passing the Fit and Proper Test by the Financial Service Authority.
402 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 403
Annual Report
2025
Therefore, the composition of the Company’s Management was as follows:
Board of Commissioners
President Commissioner : -
Independent Commissioner : Muhammad Mas’ud
Independent Commissioner : Sumaryono
Independent Commissioner : -
Commissioner : Adhy Karyono
Board of Directors
President Director : Busrul Iman
Director of Finance, Treasury & Global Services : Edi Masrianto
Direktur Micro, Retail, and Medium Enterprise : R. Arief Wicaksono
Director of TI & Digital : Zulhelfi Abidin
Director of Risk Management : Eko Susetyono
Director of Operations : Arif Suhirman
Director of Compliance : Umi Rodiyah*
*effective upon passing the Fit and Proper Test by the Financial Service Authority.
3. Granting authority to the Governor of East Java to conduct the selection of candidates for the Company’s Board of Directors whose terms of office
have expired and/or in the event of a vacancy.
4. Approval for filling vacant positions on the Board of Commissioners that would be at the Company’s next General Meeting of Shareholders,
considering current conditions. This might exceed the term limit for filling vacant positions on the Board of Commissioners, as stipulated in the
Company’s Articles of Association.
5. Granting authority to the Board of Commissioners to appoint one (1) member from among the members of the Board of Commissioners as a
Delegate Commissioner, with the duty and authority to coordinate the implementation of general administrative activities to facilitate the Board
of Commissioners’ duties in connection with the vacant position of President Commissioner.
6. Granting authority to the Board of Commissioners to determine the remuneration of appointed Directors until the announcement of the results of
the Financial Services Authority’s Fit and Proper Test, taking into account the recommendations of the Remuneration and Nomination Committee.
7. Granting power and authority to the Board of Directors, with the right of substitution, to exercise any necessary processes and actions, including
notification to regulators as required by applicable laws and regulations.
Status: Realized
The Implementation of The Extraordinary General Meeting on September 26, 2024 and its Realization
Information Notification Invitation Implementation GMS Results
Notification regarding Announcement of the Publication of the Meeting The Meeting was - Summary Minutes of the
the Meeting to be held Meeting Invitation to Invitation to Shareholders held on Thursday, Meeting were submitted
was submitted to the Shareholders was advertised was advertised on the IDX September 26, 2024, to the Financial Services
Financial Services on the Indonesia Stock website, the PT KSEI website, at the Bank Jatim Authority via letter No.
Authority (Otoritas Jasa Exchange (IDX) website, the and the Company’s website Head Office. 063/624/CSE/CMAI/
Keuangan) via letter No. PT Kustodian Sentral Efek via letter No. 063/264/DIR/ Srt dated September 30,
063/250/ DIR/CSE/Srt Indonesia (KSEI) website, CSE/Srt dated September 2024.
dated August 12, 2024. and the Company’s website 4, 2024. The invitation was - Official Minutes of the
via letter No. 063/256/DIR/ published in both Indonesian Meeting were submitted
CSE/Srt dated August 20, and English. to the Financial Services
2024. The announcement Authority via letter No.
was published in both 063/702/CSE/CMAI/Srt
Indonesian and English. dated October 17, 2024.
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
PT Bank Pembangunan Daerah Jawa Timur Tbk 403
Page 404
Corporate
07 Governance
Attendance Recapitulation at The Extraordinary GMS In 2024
The Board of Commissioners and Directors of Bank Jatim who attended the 2024 Extraordinary GMS were as follows.
No. Name Position Attandance
1. Muhammad Mas’ud Independent Commissioner Present
2. Sumaryono Independent Commissioner Present
3. Kh. Afifuddin Muhajir Sharia Supervisory Board Present (in the Meeting
attend online)
4. Sukadiono Sharia Supervisory Board Present
5. Busrul Iman President Director Present
6. Edi Masrianto Finance, Treasury, & Global Services Directo (at the time of the GMS, Present
concurrently serves as Acting Operation Director)
7. Arif Suhirman Operation Director (at the time of the GMS, concurrently serves as Acting Present
Compliance Directo)
8. R. Arief Wicaksono Micro, Retail, and Medium Director Present
9. Umi Rodiyah Compliance Director Not present (during the
meeting due to illness)
10. Zulhelfi Abidin IT and Digital Director Present
11. Eko Susetyono Risk Management Director Present
Decisions and Realization of The Extraordinary GMS In 2024
First Meeting Agenda
Changes to Articles of Association
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 11.985.106.682 Shares (97,0131816%), consisting of Series A: 11.934.147.982 Shares and Series B: 50.958.700 Shares.
Disagree : 368.393.661 Shares (2,9819544%), all of which were Series B shares.
Abstain : 600.900 Shares (0,0048640%), all of which were Series B shares.
Resolution
1. Approved the amendments to the Company’s Articles of Association in accordance with POJK No. 12 of 2023 concerning Sharia Business Units,
including:
- Article 16 section 1 concerning the Duties and Authorities of the Board of Directors:
The Board of Directors is fully responsible for the implementation of the Company’s management and the development of the Sharia Business Unit.
- Article 19 section 2 Point D concerning the Duties and Authorities of the Board of Commissioners:
To assist and encourage the development and development of the Company and the Sharia Business Unit.
2. Granting power and authority to the Board of Directors to take any necessary follow-up actions regarding the changes to the Articles of Association,
including notification to the authorized parties as required by applicable laws and regulations.
Status: Realized
Second Meeting Agenda
Approval of the Company’s Corporate Action
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 12.134.127.082 Shares (98,2194240%), consisting of Series A: 11.934.147.982 Shares and Series B: 199.979.100 Shares.
Disagree : 219.372.261 Shares (1,7757039%), all of which were Series B shares.
Abstain : 601.900 Shares (0,0048721%), all of which were Series B shares.
Resolution
Approving the Company’s Corporate Action in the form of Capital Participation to Bank Banten in the amount of IDR10,000,000,000.00 (ten billion
rupiah), which was continued in the BBG stage process.
Status: Realized
404 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 405
Annual Report
2025
Third Meeting Agenda
Changes to the Company’s Management Composition
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 11.981.833.481 Shares (96,9866868%), consisting of Series A: 11.934.147.982 Shares and Series B: 47.685.500 Shares.
Disagree : 371.665.261 Shares (3,0084363%).all of which were Series B shares.
Abstain : 602.500 Shares (0,0048769%), all of which were Series B shares.
Resolution
1. Approving and nominating the Company’s Management.
Independent Commissioner : Dadang Setiabudi
Effective upon the closing of this meeting, with a term of office ending at the closing of the 4th Annual General Meeting of Shareholders from the
nomination date, or after his successor passed the Fit and Proper Test by the Financial Services Authority.
Therefore, the composition of the Company’s Management was as follows:
Board of Commissioners
Commissioner : Adhy Karyono
Independent Commissioner : Muhammad Mas’ud
Independent Commissioner : Sumaryono
Independent Commissioner : Dadang Setiabudi*
*effective upon passing the Fit and Proper Test by the Financial Service Authority.
Sharia Supervisory Board
Sharia Supervisory Board : KH. Afifuddin Muhajir
Sharia Supervisory Board : Sukadiono
Board of Directors
President Director : Busrul Iman
Director of Micro, Retail and Medium Enterprise : R. Arief Wicaksono
Director of Compliance : Umi Rodiyah
Director of Finance, Treasury & Global Services : Edi Masrianto
Director of Operations : Arif Suhirman
Director of TI & Digital : Zulhelfi Abidin
Director of Risk Management : Eko Susetyono
2. Granting authority to the Governor of East Java to conduct the nomination of candidates for the Company’s Board of Directors whose terms of
office had expired and/or in the event of a vacancy.
3. Approval for filling vacant positions on the Board of Commissioners that would be at the Company’s next General Meeting of Shareholders, taking
into account current conditions. This might extend beyond the term for filling vacant positions on the Board of Commissioners, as stipulated in the
Company’s Articles of Association.
4. Granting authority to the Board of Commissioners to determine the remuneration of appointed Board of Commissioners until the announcement
of the results of the OJK fit and proper assessment, taking into account the recommendations of the Remuneration and Nomination Committee.
5. Granting power and authority to the Board of Directors, with the right of substitution, to exercise all necessary processes and actions, including
notification to regulators as required by applicable laws and regulations.
Status: Realized
PT Bank Pembangunan Daerah Jawa Timur Tbk 405
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Implementation of The Extraordinary GMS on December 11, 2024 and its Realization
Information Notification Invitation Implementation GMS Results
Notification of the Publication of an Publication of the Meeting The Meeting will be - Submission of the
Meeting to the Financial announcement regarding the Invitation to the Shareholders held on Thursday, Meeting Summary to
Services Authority with upcoming Meeting Invitation on the websites of the December 11, 2024, at the Financial Services
letter number 063/388/ to the Shareholders Indonesia Stock Exchange, the Bank Jatim Head Authority with letter
DIR/ CSE/Srt dated on the websites of the PT KSEI, and the Company’s Office. number 063/470/ DIR/
October 25, 2024. Indonesia Stock Exchange, website with letter number CSE/Srt dated December
PT Kustodian Sentral 063/422/DIR/CSE/Srt dated 13, 2024.
Efek Indonesia, and the November 19, 2024. The - Submission of the
Company’s website with invitation is published in both Minutes of Meeting to
letter number 063/396/ Indonesian and English. the Financial Services
DIR/CSE/Srt dated Authority with letter
November 4, 2024. The number 064/02/DIR/
announcement is published CSE/Srt dated January 3,
in both Indonesian and 2025.
English.
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
Attendance Recapitulation at The 2024 Extraordinary GMS
The Board of Commissioners and Directors of Bank Jatim presented at the 2024 Extraordinary GMS were as follows.
No. Name Position Attandance
1. Muhammad Mas’ud Komisaris Independen Present
2. Sumaryono Komisaris Independen Present
3. Dadang Setiabudi Komisaris Independen Present
4. Kh. Afifuddin Muhajir Dewan Pengawas Syariah Not Present
5. Sukadiono Dewan Pengawas Syariah Not Present
6. Busrul Iman President Director Present
7. Edi Masrianto Finance, Treasury, and Global Services Director Not Present
8. Arif Suhirman Operation Director Present
9. R. Arief Wicaksono Micro, Retail and Medium Director (serving concurrently as Acting Finance, Present
Treasury and Global Services Director at the time of the GMS)
10. Umi Rodiyah Compliance Director Present
11. Zulhelfi Abidin IT and Digital Director Present
12. Eko Susetyono Risk Management Director Present
Decisions and Implementation of The 2024 Extraordinary General Meeting of Shareholders
First Meeting Agenda
Approval of the Company’s Corporate Action
None of the Shareholders raised questions and/or provided opinions.
406 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Voting Results
Agree : 11.730.556.025 Shares (97,599%), consisting of: Series A 11.614.904.525 Shares, Series B 115.651.500 Shares
Disagree : 288.379.130 Shares (2,399%), all of which were Series B Shares
Abstain : 121.100 Shares (0,001%), all of which were Series B Shares
Resolution
Approving the Company’s Corporate Actions, such as:
- Capital participation in Bank Sultra of a maximum of IDR 100 billion.
- Capital participation in Bank NTT of IDR 50 billion to IDR 100 billion.
The Company’s capital participation is intended to comply with East Java Provincial Regulation Number 8 of 2019 concerning Regionally-Owned
Enterprises and is part of the process of establishing a Bank Business Group.
Status: Realized
Second Meeting Agenda
Adjustment of the Company’s Management Nomenclature
None of the Shareholders raised questions and/or provided opinions.
Voting Results
Agree : 11.817.283.625 Shares (98,321%), consisting of: Series A 11.614.904.525 Shares, Series B 202.379.100 Shares
Disagree : 201.624.139 Shares (1,677%), all of which were Series B Shares
Abstain : 148.500 Shares (0,001%), all of which were Series B Shares.
Resolution
1. Approving changes to the nomenclature of the Company’s management, such as the Board of Directors:
Former Nomenclature New Nomenclature
President Director President Director
Director of Micro, Retail, and Medium Enterprises Director of Micro, Retail, and Medium Enterprises
Director of Risk Management Director of Risk Management
Director of IT & Digital Director of IT, Digital & Operations
Director of Operations Director of Medium, Corporate & Network Business
Director of Finance, Treasury & Global Services Director of Finance, Treasury & Global Services
Director of Compliance Director of Compliance
New Nomenclature Directors’ Name
President Director Busrul Iman
Director of Micro, Retail & Sharia Business R. Arief Wicaksono
Director of Risk Management Eko Susetyono
Director of IT, Digital & Operations Zulhelfi Abidin
Director of Medium, Corporate & Network Business Arif Suhirman
Director of Finance, Treasury & Global Services Edi Masrianto
Director of Compliance Umi Rodiyah
2. Granting power and authority to the Board of Directors to make adjustments to the Company’s Organizational Structure in response to the change
in nomenclature.
3. Granting power and authority to the Board of Directors, with the right of substitution, to carry out all necessary processes and actions, including
notification to regulators as required by applicable laws and regulations.
Status: Realized
GMS Decisions in the Fiscal Year and 1 (One) Year Prior to the Fiscal Year Realized in the Fiscal Year
The resolutions of the 2025 GMS were realized in 2025 and the 2024 GMS was realized in 2024. Thus, none of the resolutions of the
2024 and 2025 GMS had not been realized in 2025.
PT Bank Pembangunan Daerah Jawa Timur Tbk 407
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Board of Directors 5. The Board of Directors may in writing delegate the
authority to represent the Company (as referred to in
The Board of Directors is an organ of the Company which is point 4 above) to one or several members of the Board of
authorized and responsible for carrying out all actions related Directors who have been specifically appointed or to one or
to the management and ownership of the Bank for the interest several employees of the Company, either individually or
of the Bank in accordance with the Bank’s aims and objectives. together, or to another person or entity.
6. The division of management tasks and authorities among
Duties and Responsibilities of The Board of the members of the Board of Directors is determined based
Directors on a decision of the GMS, in the event that the GMS does
not stipulate, the distribution of duties and authority of the
The duties and responsibilities of the Board of Directors were members of the Board of Directors is determined based on
stipulated in the Board of Directors Work Guidelines. The duties the decision of the Board of Directors.
and responsibilities of the Board of Directors are as follows: 7. The Board of Directors based on applicable legislation can
1. The Board of Directors is responsible for managing and do the following:
accountable for the administration of the Company in a. Issue bonds.
the interests of the Company, including developing and b. Buy, sell or otherwise obtain or release rights to
implementing the Company’s strategies in accordance with inventory items belonging to the bank.
the purposes and objectives of the Company as stipulated c. Binding the Bank as a guarantor of third party
in the Articles of Association. obligations.
2. Each member of the Board of Directors must carry out d. Mortgaging Bank goods.
their duties and responsibilities in good faith, with full e. Equity participation in other companies insofar as they
responsibility and prudence. do not conflict with applicable laws and regulations.
3. Each member of the Board of Directors is jointly and f. Set up new business units.
severally responsible for the loss of the issuer or public 8. The Board of Directors for certain actions has the right to
company caused by errors or negligence of the members of appoint one or more representatives or proxies by giving
the Board of Directors in carrying out their duties. him the power regulated in a power of attorney. Members
4. Members of the Board of Directors cannot be held liable for of the Board of Directors are prohibited from giving general
the loss of the issuer or company if it can prove: power of attorney to other parties which results in the
a. The loss is not due to an error or negligence. transfer of duties and functions of the Board of Directors.
b. Has carried out management in good faith, full of 9. In terms of the Company has contrary interests to the
responsibility and prudence for the interests and in personal interests of the Board of Directors member, then
accordance with the aims and objectives of the Company. the Company will be represented by another member of the
c. Has no conflict of interest, either directly or indirectly, Board of Directors and in the event that the Company has
over management actions that result in losses. an interest that is contrary to the interests of all members
d. Has taken steps to prevent the loss from arising or of the Board of Directors, in this case the Company is
continuing. represented by the Commissioner.
10. The Board of Directors has the right to write off claims on
Rights and Authority of The Board of Directors interest, fines and / or other costs other than the principal
amount of credit while adhering to the prevailing laws and
The rights and authority of the Board of Directors are as follows: regulations.
1. Members of the Board of Directors are given a salary 11. The Board of Directors had the right to receive remuneration
including the facilities and/or allowances. The amount as a reward determined and given to members of the Board
of salary along with the facilities and/or allowances of of Directors, both permanent and variable, in cash or in cash
members of the Board of Directors is determined based on in accordance with their duties, powers and responsibilities.
the resolution of the GMS and the authority of the GMS is
delegated to the Board of Commissioners. Term of Office of The Board of Directors
2. The Board of Directors appoints and dismisses the Bank’s
employees based on the Bank’s employment regulations The term of office of members of the Board of Directors
and prevailing laws and regulations. Directors is a maximum of 5 (five) years from the date specified
3. The Board of Directors determines the organizational in the GMS of appointment and ends at the close of the 5th
structure and work procedures of the Bank by reporting to (fifth) Annual GMS after the date of appointment or until
the commissioners. the closing of the Annual GMS at the end of 1 (one) term of
4. The Board of Directors has the right to represent the office, unless stipulated otherwise in the GMS, and may be
company, both inside and outside the court on all matter, reappointed for a second term if they have demonstrated
bind the company with other parties and vice versa, conduct
out all actions in every event, both regarding management
and ownership.
408 PT Bank Pembangunan Daerah Jawa Timur Tbk
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good performance by achieving the targets set by the General - Loyal and obedient to the state and government of
Meeting of Shareholders for each Director, without prejudice the Republic of Indonesia.
to the rights of the General Meeting of Shareholders to dismiss - Not involved directly or indirectly in treasonous
them at any time based on reasons specified in the Articles of activities to the Republic of Indonesia.
Association. Individuals who are capable of carrying out legal
actions, unless within 5 (five) years prior to the
Requirements for The Board of Directors appointment the person concerned has:
- Declared bankrupt.
Structure and Membership - Being a member of the Board of Directors or Board
1. The Company is managed and led by a Board of Directors of Commissioners who is found guilty of causing a
consisting of at least four (4) members. One of the Directors company to be declared bankrupt.
is appointed as the President Director, and, if necessary, b. Material Terms
other members of the Board of Directors may be appointed - Having competence, good moral integrity. The
as Vice President Director, in accordance with applicable person concerned had never been involved in:
laws and regulations as well as capital market regulations. • Engineering acts and deviant practices in
2. The members of the Board of Directors are appointed and the management of the company/institution
dismissed by the GMS. where the person concerned worked prior to
3. Detailed procedures for the appointment of members of nomination (behaving dishonestly).
the Board of Directors will be stated in a resolution of the • Acts of default in accordance with the
GMS. commitments that had been agreed with
the company/institution where the person
General Requirement concerned works prior to nomination.
• Actions categorized as being able to provide
To be appointed as a member of the Board of Directors, the unlawful benefits in the company/institution
following requirements are met: where the person concerned works prior to
1. Healthy as physically and spiritually. nomination.
2. Have expertise, integrity, leadership, experience, honesty, • Acts categorized as a violation of the provisions
good behavior, and high dedication to advancing and relating to the principles of healthy company
developing the company. management (bad behavior).
3. Understand the implementation of regional government. - Have expertise in the banking or financial
4. Understand the management of the company. institution sector, proven by a track record of at
5. Have adequate knowledge in the field of business of the least the last 5 (five) years and attach a photocopy
company. of a certificate from banking or financial institution
6. The minimum degree is Strata I (S-1). training that has been attended.
7. Minimum 5 (five) years of work experience in the managerial - Having expertise in banking or financial institutions,
f ield of a legal entity company and has led a team. as evidenced by a track record of at least the last 5
8. Never been a member of the Board of Directors, member (five) years and attach a photocopy of a certificate
of the Supervisory Board, or member of the Board of from training in banking or financial institutions
Commissioners who was found guilty of causing the that the person had attended.
business entity to be led to be declared bankrupt. - The majority of members of the Board of Directors
9. Never been punished for committing a crime that was must have at least 5 (five) years of experience
detrimental to state finances or regional finances. in the operational field, the lowest being a bank
10. Not currently undergoing criminal sanctions. executive officer.
11. Not being an administrator of a political party, candidate - Having a high commitment to the progress
for regional head or candidate for deputy regional head, and development of the company as well as a
and/or candidate for member of the legislature. commitment to comply with laws and regulations.
12. Not a member of the Indonesian National Army Forces, - Did not have non-performing credit/bad credit.
Indonesian National Police, and/or Civil Servant, except - Having a risk management competency test
for Civil Servants assigned as temporary Directors as certificate level 5 (five), by attaching a BSMR/
regulated in East Java Provincial Regulation Number 8 of LSPP certificate. Candidates who had level 4
2019 concerning Regional Owned Enterprises. (four) certificates could register and immediately
13. Has fulfilled 3 (three) kinds of requirements, namely complete BSMR/LSPP level 5 (five) to get approval
Formal Requirements, Material Requirements, and Other from the Financial Services Authority.
Requirements, among others: - Psychologically, the person concerned had an
a. Formal Terms Indonesian Citizens who: adequate level of Intellectual, emotional, and
Warga Negara Indonesia yang: spiritual intelligence to carry out the duties as a
- Trust in the Almighty God. member of the Board of Directors.
PT Bank Pembangunan Daerah Jawa Timur Tbk 409
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07 Governance
C. Other Terms c. Having caused a company obtaining a permit, approval,
- Willing to comply with the prevailing laws and or registration from the financial services authority
regulations, especially in the banking sector. to fail fulfilling the obligation to submit an annual
- Having no family relationship up to the second report and/or financial report to the Financial Services
degree including fellow members of the Board Authority.
of Directors or members of the Board of 2. Especially for candidates for Directors proposed to be
Commissioners. candidates for President Director were officials who had
- Passing the fit and proper test in accordance with one level below the President Director and were still active
the provisions of the Financial Services Authority as Directors of National Commercial Banks and/or had
regarding the fit and proper test. assets at least equal to the assets of Bank Jatim.
14. Candidates for the Board of Directors may come from
Internal and/or external Bank Jatim. Board of Directors (Board Charter) Guidelines
a. Candidates for the Board of Directors from the Bank’s and Work Procedures
internal parties must meet the following requirements:
- Active executive officers who were one level below The Board of Directors has a Board of Directors’ Code of Conduct
the Board of Directors. as stipulated in the Decree of the Board of Directors Number
- Serving at least 2 (two) different executive 063/03/76/DIR/CSE/KEP on May 8, 2024 concerning the
positions. Standard Operating Procedure (SOP) for the Work of the Board
d. For candidates for directors from external parties, the of Directors of PT Bank Pembangunan Daerah Jawa Timur Tbk
Bank must meet the following requirements: as amended by the Decree of the Board of Directors Number
- Having experience as a professional by serving as 064/03/21/DIR/CSE/KEP on June 4, 2025 concerning
an Executive Officer in a Bank/Non-Bank financial Changes to the Standard Operating Procedure (SOP) for the
institution that operates nationally and/or has Work of the Board of Directors of PT Bank Pembangunan
assets at least equal to the assets of Bank Jatim for Daerah Jawa Timur Tbk. These guidelines are periodically
the last 5 (five) years. evaluated and updated with reference to applicable regulations
- Having knowledge and/or expertise in the field and provisions.
required by the Issuer or Public Company.
- Having a good financial track record as evidenced The Board of Directors work guidelines and procedures are
by documents that have been issued by the binding for each member of the Board of Directors so that
authorized agency. the Board of Directors can carry out the management of the
Company efficiently, effectively, transparently, independently
Special Requirements and accountably. The basis for the preparation of the guidelines
for the work rules of the Board of Directors is the Law of the
The members of the Board of Directors who will be appointed Republic of Indonesia No. 40 of 2007 concerning Limited
must meet special requirements, the details of which will be Liability Companies, Financial Services Authority Regulations
outlined in a GMS resolution. The company could develop relating to the Board of Directors and Board of Commissioners
special requirements which were details of competence and of Issuers or Public Companies, the Company’s Articles of
other things required for prospective members of the Board of Association and other regulations.
Directors according to the needs of the company which would
then be submitted and stated in the resolution of the GMS; The contents of the Board of Directors work code of conduct
1. Never been a member of the Board of Directors and/or a 1. Introduction
member of the Board of Commissioners who during the 2. Principles, Values, and Ethics of the Board of Directors
tenure: 3. Organization and Management of the Board of Directors
a. Never holding an annual GMS. 4. Replacement, Appointment, and Dismissal of the Board of
b. The responsibilities as a member of the Board Directors
of Directors and/or a member of the Board of 5. Work Procedures
Commissioners had never been accepted by the GMS 6. Meeting Workflow
or had not provided accountability as a member of the 7. Performance Evaluation and Remuneration of the Board of
Board of Directors and/ or a member of the Board of Directors
Commissioners to the GMS. 8. Documentation and Reporting
9. Sharia Governance Principles Implementation
410 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Duties of the Board of Directors
In 2025, the division of duties of the Board of Directors was as per the Board of Directors’ Decree Number 064/05/01/DIR/PSM/KEP
on January 2, 2025 concerning the Organizational Structure and Work Procedures of PT Bank Pembangunan Daerah Jawa Timur
Tbk, which was amended through the Board of Directors’ Decree Number 064/05/15/DIR/PSM/KEP on June 19, 2025 concerning
the Organizational Structure and Work Procedures of PT Bank Pembangunan Daerah Jawa Timur Tbk. The division of duties of the
Board of Directors is as follows:
Table of Duties of the Board of Directors
Name Position Task field
Busrul Iman1 President DIrector Coordinating activities implementation of:
• Micro, Retail & Sharia Business Director
• Finance, Treasury, & Global Services Director
• Risk Management Director
• IT, Digital & Operation Director
• Medium, Corporate Business, & Network Director
• Compliance Director
• SEVP of Consumer Banking
• Corporate Secretary
• Internal Audit Division
Winardi Legowo2 President DIrector Coordinating activities implementation of:
• Vice President Director
• Micro, Retail & Sharia Business Director
• IT, Digital & Operation Director
• Corporate Secretary
• Internal Audit Division
• Strategic Planning & Performance Management Division
R. Arief Wicaksono3 Vice President DIrector Coordinating activities implementation of:
• Medium, Corporate Business, & Network Director
• Finance, Treasury & Global Services Director
• Risk Management Director
• Compliance Director
Edi Masrianto1 Finance, Treasury, and Global Services Coordinating activities implementation of:
Director • Accounting & Financial Management Division
• Treasury Division
• International Banking Division
• Strategic Planning & Performance Management Division
Zulhelfi Abidin1 IT, Digital and Operation Director Coordinating activities implementation of:
• SEVP of Information Technology
• Information Technology Division
• Digital Banking Division
• IT Security Division
• Operations Division
• General Affairs Division
Eko Susetyono1 Risk Management Director Coordinating activities implementation of:
• Risk Management Division
• Credit Risk Analysis Division
• Credit Restructuring & Recovery Division
• Credit Administration Division
Arif Suhirman Medium, Corporate Business, and Network Coordinating activities implementation of:
Director • International Banking Division
• Medium, Corporate and Syndicated Credit Division
• Institutional Relations Division
• Network Development Function
Umi Rodiyah Compliance Director Coordinating activities implementation of:
• SEVP of Legal & Human Capital
• Legal Division
• Human Capital Division
• Compliance & AML CFT CPF-WMD Division
• Policy & Procedure Division
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Name Position Task field
Tonny Prasetyo2 Micro, Retail & Sharia Business Director Coordinating activities implementation of:
• SEVP Micro, Retail & Consumer
• Micro Credit Division
• Retail Credit Division
• Consumer Credit Division
• Sharia Business Unit Division
• Funding & Services Division
• Excellent Business & Service Distribution Division
RM Wahyukusumo Finance, Treasury & Global Services Director Coordinating activities implementation of:
Wisnubroto2 • Accounting & Financial Management Division
• Treasury Division
• Subsidiary Management Division
Wiweko Probojakti2 IT, Digital and Operation Director Coordinating activities implementation of:
• SEVP Information Technology
• Information Technology Division
• Digital Banking Division
• Chief Information Security Officer (CISO) Division
• Operations Division
• General Division
1
Dismissed at the Annual General Meeting of Shareholders for the Financial Year 2024 held on May 22, 2025 (the division of duties of the Board of Directors is as stipulated in Board of
Directors Decree No. 064/05/01/DIR/PSM/KEP dated 2 January 2025 concerning the Organizational Structure and Work Procedures of PT Bank Pembangunan Daerah Jawa Timur Tbk).
2
Appointed at the Annual General Meeting of Shareholders for the Financial Year 2024 held on May 22, 2025 (the division of duties of the Board of Directors is as stipulated in Board of
Directors Decree No. 064/05/15/DIR/PSM/KEP dated 19 June 2025 concerning the Organizational Structure and Work Procedures of PT Bank Pembangunan Daerah Jawa Timur Tbk).
3
Prior to the Annual General Meeting of Shareholders for the Financial Year 2024 held on May 22, 2025, served as Director of Micro, Retail & Medium Business. Following the Annual
General Meeting of Shareholders for the Financial Year 2024 held on 22 May 2025, appointed as Vice President Director, effective based on the Decree of Members of the Board of
Commissioners of the Financial Services Authority No. KEPR-185/D.03/2025 dated October 16, 2025 (the division of duties of the Board of Directors is as stipulated in Board of Directors
Decree No. 064/05/15/DIR/PSM/KEP dated 19 June 2025 concerning the Organizational Structure and Work Procedures of PT Bank Pembangunan Daerah Jawa Timur Tbk).
4
The division of duties of the Board of Directors is as stipulated in Board of Directors Decree No. 064/05/15/DIR/PSM/KEP dated June 19, 2025 concerning the Organizational Structure
and Work Procedures of PT Bank Pembangunan Daerah Jawa Timur Tbk.
Policy of Concurrent Position of Board of Directors
As a commercial bank, Bank Jatim was also guided by the Financial Services Authority Regulation Number 17 in 2023 concerning the
Implementation of Governance for Commercial Banks, which regulated, among others:
1. Members of the Board of Directors are prohibited from holding concurrent positions:
a. as a member of the Board of Directors, member of the Board of Commissioners, member of the Sharia Supervisory Board, or
Executive Officer at a bank, company and/or other institution.
b. in functional task areas in banking and/or non-banking financial institutions domiciled domestically or abroad.
c. in other positions that may create conflicts of interest in the execution of duties as members of the Board of Directors; and/
or
d. in other positions in accordance with the provisions of laws and regulations.
2. It does not include concurrent positions as referred to in paragraph (1) in the event that the Board of Directors:
a. are responsible for supervising the Bank’s investments in subsidiary companies, performing functional duties as a member of
the Board of Commissioners in non bank subsidiary companies controlled by the Bank;
b. are responsible for supervising pension funds or performing duties as a member of the Supervisory Board of pension funds
owned by the Bank;
c. carry out duties as the acting director of the Bank; and/ or
d. occupy a position in a non-profit organization or institution
as long as it does not result in the individual neglecting their duties and responsibilities as a member of the Bank’s Board of
Directors.
3. The majority of members of the Board of Directors were prohibited from having family relationships to the second degree with
fellow members of the Board of Directors and/ or with members of the Board of Commissioners.
Table of Concurrent Position of Board of Directors
Position in Other
Name of Company /
Name Position Companies/ Others
Other Agencies
Agencies
Busrul Iman1 President Director - -
Winardi Legowo 2
President Director - -
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2025
Position in Other
Name of Company /
Name Position Companies/ Others
Other Agencies
Agencies
R. Arief Wicaksono3 Vice President Director - -
Edi Masrianto1 Finance, Treasury, and Global Services Director - -
Zulhelfi Abidin1 IT, Digital and Operation Director - -
Eko Susetyono1 Risk Management Director - -
Medium, Corporate Business, and Network -
Arif Suhirman -
Director
Umi Rodiyah Compliance Director - -
Tonny Prasetyo2 Micro, Retail & Sharia Business Director - -
RM Wahyukusumo Wisnubroto 2
Finance, Treasury & Global Services Director - -
Wiweko Probojakti2 IT, Digital and Operation Director - -
1 Dismissed at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
2
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
3
Before the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, he served as Director of Micro, Retail & Medium Enterprises. After the Annual
General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, he was nominated Vice-President Director, effective based on the Decree of the Members of the
Board of Commissioners of the Financial Services Authority Number KEPR-185/D.03/2025 on October 16, 2025.
Affiliation Relationships
Information regarding the affiliation relationships of the Board of Directors is presented in the Company Profile chapter of this
Annual Report.
Management of Conflicts of Interest In The Board of Director
Conflict of interest management has been established through the Board of Directors’ Decree of PT Bank Pembangunan Daerah Jawa
Timur Tbk. Number 063/03/68/KPT/KEP dated April 29, 2024, concerning the Standard Operating Procedure (SOP) for Conflict of
Interest of PT Bank Pembangunan Daerah Jawa Timur Tbk. This conflict of interest regulation is intended to ensure that decision-
making and its implementation are carried out based on the five governance principles: Transparency, Accountability, Responsibility,
Independency, and Fairness, so that the interests of the Bank and stakeholders are not harmed and remain protected.
In the event that the Bank has a conflict of interest with the personal interest of a member of the Board of Directors, the Bank will
be represented by another member of the Board of Directors and in the event that the Bank has an interest that conflicts with the
interests of all members of the Board of Directors, in this case the Bank will be represented by the Board of Commissioners. In the
event of a conflict of interest, Members of the Board of Directors are prohibited from taking actions that may harm the Bank or
reduce the Bank’s profits and must disclose the conflict of interest referred to in every decision.
Meeting of The Board of Directors
Meeting Policy
The policy of the Board of Directors’ Meeting of PT Bank Pembangunan Daerah Jawa Timur Tbk is as follows:
1. Financial Services Authority Regulation (POJK) Number 33/ POJK.04/2014 Date December 8, 2014 concerning the Board of
Directors and Board of Commissioners of Issuers or Public Companies;
2. Board of Directors’ Decree Number 063/03/76/DIR/ CSE/KEP dated May 08, 2024, concerning the Standard Operating
Procedure (SOP) for the Work of the Board of Directors of PT Bank Pembangunan Daerah Jawa Timur Tbk.
In the Meeting of the Board of Directors, it is stipulated as follows:
1. The Board of Directors is required to hold a Board of Directors Meeting periodically at least 1 (one) time in every month and/ or
every time.
2. Meetings of the Board of Directors may be held if attended by a majority of all members of the Board of Directors.
3. The presence of members of the Board of Directors at the meeting must be disclosed in the Company’s annual report.
4. The Board of Directors must schedule a meeting for the following year before the end of the financial year with the following
conditions:
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07 Governance
a.At the scheduled meeting, the meeting materials are submitted to the meeting participants no later than 5 (five) days before
the meeting is held.
b. In the event that a meeting is held outside the schedule that has been prepared, the meeting materials are submitted to the
meeting participants no later than before the meeting is held.
5. Decision making in the Board of Directors Meeting is based on deliberation and consensus. In the event that a consensus decision
is not reached, the decision is made based on a majority vote.
6. The Board of Directors meeting is chaired by the President Director, in the event that the President Director is absent or unable
to attend, the Board of Directors Meeting will be chaired by a member of the Board of Directors who is elected by and from the
members of the Board of Directors present.
Board of Directors Meeting Plan
No Month Estimated Meeting Implementation Meeting Agenda
1. January Week 2 Performance Evaluation of Bank Jatim
2. February Week 2 Performance Evaluation of Bank Jatim
3. March Week 2 Performance Evaluation of Bank Jatim
4. April Week 2 Performance Evaluation of Bank Jatim
5. May Week 2 Performance Evaluation of Bank Jatim
6. June Week 2 Performance Evaluation of Bank Jatim
7. July Week 2 Performance Evaluation of Bank Jatim
8. August Week 2 Performance Evaluation of Bank Jatim
9. September Week 2 Performance Evaluation of Bank Jatim
10. October Week 2 Performance Evaluation of Bank Jatim
11. November Week 2 Performance Evaluation of Bank Jatim
12. December Week 2 Performance Evaluation of Bank Jatim
Agenda, Date and Participants of The Board of Directors Meeting
Throughout 2025, the agenda, dates and participants of the Board of Directors meetings are as follows.
Table of Board of Directors Meeting
No. Date Agenda Meeting participants Attendance
1. January 14, 1. PT Bank Jatim Financial Performance for December 2024 Busrul Iman Present
2025
2. Governance Self-Assessment Results for December 2024 Edi Masrianto Present
R. Arief Wicaksono Present
Zulhelfi Abidin Present
Eko Susetyono Present
Arif Suhirman Present
Umi Rodiyah Present
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No. Date Agenda Meeting participants Attendance
2. February 11, 1. Bank Jatim Financial Performance for January 2025 Busrul Iman Present
2025
2. Board of Directors Committee Performance Evaluation for Edi Masrianto Present
Fiscal Year 2024
3. Bank Jatim Business Group (KUB) Logo R. Arief Wicaksono Present
4. Preparation for the Annual General Meeting of Zulhelfi Abidin Present
Shareholders for Fiscal Year 2024
Eko Susetyono Present
Arif Suhirman Present
Umi Rodiyah Present
3. February 25, 1. Progress on BI-FAST Service Improvements and Follow-up Busrul Iman Present
2025 with Bank Indonesia and the Financial Services Authority
Edi Masrianto Present
2. Establishment of the Integrated Risk Management
Committee R. Arief Wicaksono Present
Zulhelfi Abidin Present
Eko Susetyono Present
Arif Suhirman Present
Umi Rodiyah Present
4. March 14, 1. Discussion on Bank Banten’s Share Price Busrul Iman Present
2025
2. Comprehensive Review of Bank Banten’s Equity Edi Masrianto Present
Participation Plan
3. Changes to the Board of Directors’ Standard Operating R. Arief Wicaksono Present
Procedures (SOP)
Zulhelfi Abidin Present
4. Preparation for the Annual General Meeting of
Shareholders for Fiscal Year 2024 Eko Susetyono Present
5. Bank Jatim Financial Performance for February 2025
Arif Suhirman Present
Umi Rodiyah Present
5. March 25, Application for Approval of Bank NTB Syariah’s Circular Busrul Iman Present
2025 Resolution
Edi Masrianto Present
R. Arief Wicaksono Present
Zulhelfi Abidin Present
Eko Susetyono Present
Arif Suhirman Present
Umi Rodiyah Present
6. April 16, 1. Bank Jatim Financial Performance for March 2025 Busrul Iman Present
2025
2. Progress on Preparation for the Annual General Meeting of Edi Masrianto Present
Shareholders for Fiscal Year 2024
3. Adjustments to the Bank’s Business Plan for 2025 R. Arief Wicaksono Present
Zulhelfi Abidin Present
Eko Susetyono Present
Arif Suhirman Present
Umi Rodiyah Present
7. May 26, Organizational Structure Arif Suhirman Present
2025
Umi Rodiyah Present
8. June 3, 2025 1. IT Due Diligence Presentation by PITSI for Bank Sulawesi Arif Suhirman Present
Tenggara and Bank Nusa Tenggara Timur
2. Financial, Taxation, and Legal Due Diligence Presentation Umi Rodiyah Present
by EY Indonesia for Bank Nusa Tenggara Timur
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No. Date Agenda Meeting participants Attendance
9. June 16, Bank Jatim Financial Performance for the Period of May 2025 Arif Suhirman Present
2025
Umi Rodiyah Present
10. June 18, Share Pricing Determination of Bank Nusa Tenggara Timur Arif Suhirman Present
2025 and Bank Sulawesi Tenggara
Umi Rodiyah Present
11. June 20, Share Price Re-Offering of Bank Nusa Tenggara Timur and Arif Suhirman Present
2025 Bank Sulawesi Tenggara
Umi Rodiyah Present
12. June 23, Share Price Re-Offering of Bank Nusa Tenggara Timur and Arif Suhirman Present
2025 Bank Sulawesi Tenggara
Umi Rodiyah Present
13. June 24, Share Price Re-Offering of Bank Nusa Tenggara Timur and Arif Suhirman Present
2025 Bank Sulawesi Tenggara
Umi Rodiyah Present
14. June 25, Share Price Re-Offering of Bank Nusa Tenggara Timur and Arif Suhirman Present
2025 Bank Sulawesi Tenggara
Umi Rodiyah Present
15. June 26, Share Price Re-Offering of Bank Nusa Tenggara Timur and Arif Suhirman Present
2025 Bank Sulawesi Tenggara
Umi Rodiyah Present
16. July 14, 2025 1. Governance Self-Assessment Results for June 2025 Arif Suhirman Present
2. Bank Jatim Financial Performance for June 2025 Umi Rodiyah Present
17. August 20, 1. Organizational Structure Changes Arif Suhirman Present
2025
2. Bank Jatim Financial Performance for July 2025 Umi Rodiyah Present
18. September 1. Proposed Task Distribution/Temporary Replacement of Arif Suhirman Present
11, 2025 Bank Jatim’s Board of Directors
2. Bank Jatim’s Financial Performance for August 2025 Umi Rodiyah Present
19. October 2, 1. Organizational Structure Changes Winardi Legowo Present
2025
2. Planned Fund Transfer from the Ministry of Finance of the Arif Suhirman Present
Republic of Indonesia to Bank Jatim
Umi Rodiyah Present
20. October 22, 1. Appointment of BBG Member Management as Parent Bank Winardi Legowo Present
2025 Representatives
R. Arief Wicaksono Present
2. Progress on the Formation of a Bank Business Group
3. Proposed Plan for Temporary Replacement of the Director Arif Suhirman Present
of Risk Management
Umi Rodiyah Present
Tonny Prasetyo Present
RM Wahyukusumo Wisnubroto Present
Wiweko Probojakti Present
21. November 17, 1. The 2026 Bank Business Plan Winardi Legowo Present
2025
2. Board of Directors’ Standard Operating Procedures (SOPs) R. Arief Wicaksono Present
3. AML, CFT, and PPPSPM Implementation Report
Arif Suhirman Present
Umi Rodiyah Present
Tonny Prasetyo Present
RM Wahyukusumo Wisnubroto Present
Wiweko Probojakti Present
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No. Date Agenda Meeting participants Attendance
22. December 2, Discussion of the Extraordinary General Meeting of Winardi Legowo Present
2025 Shareholders of Bank Nusa Tenggara Barat Syariah
R. Arief Wicaksono Present
Arif Suhirman Present
Umi Rodiyah Present
Tonny Prasetyo Present
RM Wahyukusumo Wisnubroto Present
Wiweko Probojakti Present
23. December 11, Bank Jatim Financial Performance for the Period of November Winardi Legowo Present
2025 2025
R. Arief Wicaksono Present
Arif Suhirman Present
Umi Rodiyah Present
Tonny Prasetyo Present
RM Wahyukusumo Wisnubroto Present
Wiweko Probojakti Present
The agenda and meeting participants of the combined Board of Commissioners and the Board of Directors have been presented in
the Board of Commissioners’ Meeting section of the Corporate Governance Chapter of this annual report.
Frequency and Attendance of Meeting
Table of Frequency and Attendance of Directors’ Meetings
Joint Meeting of the Board of Directors
Board of Directors Meeting with the Board of GMS
Commissioner
Name Position Number and Percentage of Attendance Number and Percentage of Attendance Number and Percentage of Attendance
Number
Number of Number of Number of Number of Number of
of Percentage Percentage Percentage
Attendance Meetings Attendance Meetings Attendance
Meetings
President
Busrul Iman1 6 6 100% 5 5 100% 1 1 100%
Director
President
Winardi Legowo2 5 5 100% 5 5 100% - - -
Director
Vice
R. Arief
President 10 10 100% 9 7 87.5% 1 1 100%
Wicaksono3
Director
Finance,
Treasury,
Edi Masrianto 1
and Global 6 6 100% 5 5 100% 1 1 100%
Services
Director
IT, Digital and
Zulhelfi Abidin1 Operation 6 6 100% 5 5 100% 1 1 100%
Director
Risk
Eko Susetyono1 Management 6 6 100% 5 5 100% 1 1 100%
Director
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Joint Meeting of the Board of Directors
Board of Directors Meeting with the Board of GMS
Commissioner
Name Position Number and Percentage of Attendance Number and Percentage of Attendance Number and Percentage of Attendance
Number
Number of Number of Number of Number of Number of
of Percentage Percentage Percentage
Attendance Meetings Attendance Meetings Attendance
Meetings
Medium,
Corporate
Arif Suhirman Business, 23 23 100% 13 11 84.6% 1 1 100%
and Network
Director
Umi Rodiyah Compliance
23 23 100% 13 13 100% 1 1 100%
Director
Tonny Prasetyo2 Micro, Retail
and Sharia
4 4 100% 4 4 100% - - -
Business
Director
RM Finance,
Wahyukusumo Treasury,
Wisnubroto2 and Global 4 4 100% 4 2 50% - - -
Services
Director
Wiweko IT, Digital and
Probojakti2 Operation 4 4 100% 4 4 100% - - -
Director
1
Dismissed at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
2
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
3
Before the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, he served as Director of Micro, Retail & Medium Enterprises. After the Annual General Meeting of
Shareholders for the 2024 Fiscal Year on May 22, 2025, he was appointed Vice-President Director, effective based on the Decree of the Members of the Board of Commissioners of the Financial
Services Authority Number KEPR-185/D.03/2025 on October 16, 2025.
Training and/or Enhancement of The Competency of The Board of Directors Members
In order to improve the effectiveness of the performance of the Board of Directors, capacity building was carried out such as seminars
and/ or training. This became one form of governance implementation for Commercial Banks related to the need that:
1. Members of the Board of Directors had adequate competence and were relevant to their positions to carry out their duties and
responsibilities and were able to implement their competencies in carrying out their duties and responsibilities.
2. Members of the Board of Directors had the willingness and ability to carry out continuous learning in order to increase knowledge
about banking and the latest developments related to the financial sector or other fields that support the implementation of their
duties and responsibilities.
The training and/or competency improvement that has been attended by the Board of Directors during 2024 is as follows.
Types of Training and Development Materials
Name Position Implementation Time Organizer
Competencies/Training
Busrul Iman1 President Banking Challenges in 2025, OJK Policy Directions, January 20, 2025 HERU KRISTIYANA
Director
and Anticipation
Change For Breakthrough January 21, 2025 REMAJA TAMPUBOLON
Winardi President Refreshment of Risk Management Certification Level 7 June 20, 2025 SDG
Legowo2 Director
Strategic Governance For Banking Executive December 15, 2025 LPPI
R. Arief Vice President Banking Challenges in 2025, OJK Policy Directions, January 20, 2025 Heru Kristiyana
Wicaksono3 Director and Anticipation
Change For Breakthrough January 21, 2025 Remaja Tampubolon
Refreshment of Risk Management Certification Level 7 September 29, 2025 TD Consultant
Strategic Governance For Banking Executive December 16, 2025 LPPI
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Types of Training and Development Materials
Name Position Implementation Time Organizer
Competencies/Training
Edi Masrianto1 Finance, Banking Challenges in 2025, OJK Policy Directions, January 20, 2025 HERU KRISTIYANA
Treasury and and Anticipation
Global Services
Director Change For Breakthrough January 21, 2025 REMAJA TAMPUBOLON
Risk Management Alignment Certification Level 7 January 31, 2025 LEMBAGA SERTIFIKASI
PROFESI PERBANKAN
(LSPP)
Zulhelfi Abidin1 IT, Digital and Banking Challenges in 2025, OJK Policy Directions, January 20, 2025 HERU KRISTIYANA
Operation and Anticipation
Director
Change For Breakthrough January 21, 2025 REMAJA TAMPUBOLON
Eko Susetyono1 Risk Banking Challenges in 2025, OJK Policy Directions, January 20, 2025 HERU KRISTIYANA
Management and Anticipation
Director
Change For Breakthrough January 21, 2025 REMAJA TAMPUBOLON
Business Continuity 2025 Webinar: Legal Risk and January 22, 2025 INSTITUTE OF
Compliance Management Approach COMPLIANCE
PROFESIONAL
INDONESIA (ICoPI)
Arif Suhirman Medium, Banking Challenges in 2025, OJK Policy Directions, January 20, 2025 HERU KRISTIYANA
Corporate and Anticipation
Business,
and Network Change For Breakthrough January 21, 2025 REMAJA TAMPUBOLON
Director
Strategic Governance For Banking Executive December 16, 2025 LEMBAGA
PENGEMBANGAN
PERBANKAN
INDONESIA (LPPI)
Umi Rodiyah Compliance Change For Breakthrough January 21, 2025 Remaja Tampubolon
Director
Refreshment of Risk Management Certification Level 7 September 29, 2025 TD Consultant
AML, PPT, and PPPSPM Level 7 Competency Test October 29, 2025 FKDK BPDSI
Strategic Governance For Banking Executive December 16, 2025 LPPI
Tonny Micro, Retail and Risk Management Certification Level 7 Preparation June 15, 2025 SDG
Prasetyo2 Sharia Business
Director Risk Management Certification Level 7 Program Exam June 30, 2025 LSPP
Strategic Governance For Banking Executive December 15, 2025 LPPI
RM Finance, Banking Challenges in 2025 and the Direction of OJK January 20, 2025 Heru Kristiyana
Wahyukusumo Treasury and Policy
Wisnubroto2 Global Services
Director Change For Breakthrough January 21, 2025 Remaja Tampubolon
Strategic Governance For Banking Executive December 16, 2025 LPPI
Wiweko IT, Digital and Refreshment of Risk Management Certification Level 7 April 29, 2025 BSMR
Probojakti2 Operation
Director Professional Enhancement for Chartered Accountants June 9, 2025 IAI
(PPCA)
Strategic Governance For Banking Executive December 15, 2025 LPPI
1
Dismissed at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
2
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
3
Prior to the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, he served as Director of Micro, Retail & Medium Enterprises. After the Annual General Meeting
of Shareholders for the 2024 Fiscal Year on May 22, 2025, he was nominated Vice-President Director, effective based on the Decree of the Members of the Board of Commissioners of the
Financial Services Authority Number KEPR-185/D.03/2025 on October 16, 2025.
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Orientation Program for New Board of Directors The Board of Directors’ decisions issued during 2025 include:
1. Organizational Structure and Work Procedure
The Orientation Program is very important to implement, Implementation Team.
because members of the Board of Directors can come from 2. Board of Directors Committees.
various backgrounds, so that in order to form a solid work team, 3. Changes to Employee Pension Fund Regulations.
the Orientation Program is mandatory to be implemented. The 4. Asset Liability Committee (ALCO) Meeting Decisions.
Orientation Program regarding the Bank is given to Directors 5. Person in Charge of AML, CFT, and PPPSPM Custodian
who are new to their position. During the 2025 Fiscal Year, Implementation.
based on the resolution of the Company’s Annual General 6. Establishment of the Credit/Financing Control and
Meeting of Shareholders for the 2024 Fiscal Year dated May Extractable Recovery Team.
22, 2025, there was a nomination of new members of the Board 7. Team for Implementing Bank Financial Reporting Integrity
of Directors who were effective based on the approval of the in Accordance with Financial Services Authority Regulation
Financial Services Authority regarding the results of the fit and Number 15 of 2024 concerning Bank Financial Reporting
proper assessment, as follows: Integrity.
1. Winardi Legowo as President Director 8. Nomination of the Risk Management Division as the
2. R. Arief Wicaksono as Vice President Director (previously Internal Financial Reporting Control Unit (ICOFR).
served as Micro, Retail and Medium Director) 9. Nomination of Members of the Bank Employee Pension
3. Tonny Prasetyo as Micro, Retail and Sharia Business Director Fund Supervisory Board for the 2025-2030 Term of Office.
4. RM. Wahyukusumo Wisnubroto as Finance, Treasury and 10. Team for Optimizing Regional Original Revenue (PAD)
Global Services Director Increases for Local Governments Using East Java Tax.
5. Wiweko Probojakti as IT, Digital & Operations Director. 11. Climate Risk Management and Scenario Analysis (CRMS)
Team.
The Orientation Program provided can be in the form of 12. Establishment of Sharia Compliance, Sharia Risk
presentations by participating in Meeting activities, including the Management, and Sharia Internal Audit Functions in the
Company’s Board of Directors Meeting which is held minimally Implementation of Sharia Governance.
once a month and socialization of the Board of Directors’ Work 13. Determination of Share Price of PT Bank Pembangunan
Standard Operating Procedures on July 14, 2025. Daerah Nusa Tenggara Timur in the Context of Capital
Participation Through the Bank Business Group (BBG)
Board of Directors Decisions and Scheme.
Implementation of Duties 14. Information and Documentation Management Officer.
15. Determination of Share Price of Bank Sulawesi Tenggara
During 2025 the Board of Directors has carried out their in the Context of Capital Participation Through the Bank
duties, obligations, and responsibilities in order to carry out the Business Group (BBG) Scheme.
management of the Company as stipulated in the applicable 16. Changes to Accounting Product and Activity Policies (KPA).
laws and regulations, the Company’s Articles of Association, 17. Risk Management Product and Activity Policies (KPA).
and the work plan for carrying out the duties of the Board 18. Credit or Financing Product and Activity Policies (KPA PAP).
of Directors. Generally, the implementation of the Board of 19. Changes to Financial Reporting Standard Operating
Directors’ duties in 2025 includes: Procedures (SOP).
1. The preparation of the Company’s Bank Business Plan 20. Anti-Fraud Strategy SOP
as well as the formulation and ensuring the effective 21. Jatim Priority and Jatim Sharia Priority SOP
implementation of the Company’s strategies have been 22. Inter-Employee Marriage SOP
carried out properly. 23. Export Letter of Credit (L/C) Transaction SOP
2. Implementation of IT strengthening projects and digital 24. Import Letter of Credit (L/C) Transaction SOP
banking development 25. Liquidity Risk Management SOP
3. Asset and financial management 26. Bank Indonesia Short-Term Liquidity Loan (PLJP) SOP
4. Organizing board of Directors meetings and board of 27. Foreign Exchange (FX) Reporting SOP
Directors meetings with the board of Commissioners 28. Market Code of Conduct for Treasury Activities SOP
5. Organizing the Annual General Meeting of Shareholders for 29. Regional Government Credit SOP
the 2023 Fiscal Year 30. Total Reward SOP
6. Supervision and improvement of internal business processes 31. Recovery Plan SOP
7. Implementation of Good Corporate Governance in every 32. Contractor Financing SOP
business activity 33. Credit or Financing Collateral SOP
8. Distribution of Corporate Social Responsibility funds for 34. Syndicated Credit SOP
the company which is manifested in various activities of the 35. Commercial & Corporate Credit SOP
Bank Jatim Care. 36. Investor Management SOP
9. Implementation of other tasks related to the management 37. Sharia Supervisory Board SOP
of the company. 38. Amendment to the Board of Directors’ Working Procedures
SOP
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39. Corporate Legal SOP 87. Authority Limit for Approval and Payment of Goods/
40. AML, CFT & PPSPM Prevention SOP Services Procurement and Non-Product Costs.
41. PKPA Linkage Financing SOP 88. Revocation of the Board of Directors’ Decree concerning
42. Profit-Sharing Distribution SOP Amendments to the Implementation Guidelines for the
43. Sharia Account Management SOP Electronic Multipurpose Credit Application (E-KMG).
44. ALCO Committee SOP 89. Revocation of the Board of Directors’ Decree concerning the
45. ATM and CRM Machine SOP Establishment of a Gratification Control Unit within PT Bank
46. Multiguna iB Barokah Financing SOP Jatim.
47. Amendment to Employee Financing, Personal Loan Car 90. Implementation of the Credit/Financing Committee Based
Allowance Program (CAP) and Motorcycle Allowance on the Resolutions of the Annual General Meeting of
Program (MAP) SOP Shareholders (GMS) for the 2024 Fiscal Year.
48. Credit Risk Management SOP 91. Revocation of the Board of Directors’ Circular Letter
49. Climate Risk Management & Scenario Analysis (CRMS) SOP concerning the Consumer Financing BPP (General
50. Commercial & Corporate Process SOP Guidelines for iB Barokah Gold).
51. Code of Conduct for Debt Securities and Sukuk Transactions 92. Limits on the Authority for Approval and Financing of
SOP Goods/Services Procurement and Non-Product Costs.
52. Intermediary for Debt Securities and Sukuk Trading SOP 93. Investment Directions for Employee Pension Funds.
53. Micro & Retail Credit Process SOP 94. Revocation of the Board of Directors’ Decree concerning
54. Remittance SOP Guidelines for the Implementation of Savings-Based
55. ALCO Committee SOP Housing Financing Assistance (KPR BP2BT).
56. Middle Office SOP 95. Revocation of the Board of Directors’ Decree concerning
57. Regional Legal Services & Governance SOP the Integrated Risk Management Committee (KMRT).
58. Credit/Financing Committee SOP 96. Limits on Dealer Transaction Authority (Dealer Limit) for
59. Information Technology Committee SOP Transactions in the Treasury Division Dealing Room.
60. Warehouse Receipt Credit SOP 97. Stop (Budget) Loss Limits on Dealer Trading Transactions
61. Credit or Financing Policy Committee (KKP) SOP in the Treasury Division.
62. Liquidity Risk Management SOP 98. Revocation of the Board of Directors’ Decree concerning
63. Risk Management Committee SOP Patch Management Standard Operating Procedures (SOP).
64. Jatim Retail Credit SOP 99. Credit/Financing Committee During the Transition Period
65. Consumer Protection and Complaint Resolution SOP of Organizational Structure and Work Procedures.
66. Syndicated Financing SOP 100.Bank Payment Guarantee for Projects with a 2025 Budget
67. Anti-Bribery Management System (SMAP) SOP in East Java Province.
68. State Officials’ Asset Disclosure Report (LHKPN) SOP 101. Limits on Settlement Authority for Transactions Through
69. Accounts Receivable Credit SOP ESTIM.
70. iB Barokah Factoring Financing SOP 102.Limits on Procurement Authority for Goods & Services and
71. Branch Risk Profile SOP Non-Product Costs.
72. Property Construction Financing and Land Acquisition as an 103.Limits on Credit Committee Authority.
Additional Facility for Property Construction Financing SOP 104.Limits on On-The-Spot (OTS) Implementation Authority in
73. Bank Soundness Level Assessment SOP the Credit/Financing Process.
74. Amendment to Employee Credit SOP 105.Credit/Financing Market Segmentation.
75. Organizational Structure & Work Procedures. 106.Revocation of the Board of Directors’ Decision on
76. Risk Appetite Statement. Guidelines for Large Exposures Mechanisms for Medium
77. Credit/Financing Market Segmentation. and Corporate Credit.
78. Credit Committee Membership Structure.
79. Credit Committee Credit/Financing Approval Authority Performance Assessment of Committees Under
Limit (LKPK/P). The Board of Directors and The Basis of The
80. Cash and Non-Cash Credit/Financing Approval Authority Assessment
Limit (LKPK/P).
81. On-The-Spot (OTS) Implementation Limit in the Credit/ Provisions regarding the Bank Jatim Board of Directors
Financing Process. Committees are stipulated based on Board of Directors Decree
82. Authority Limit for Approving the Purchase or Sale of Number 064/15/DIR/PSM/KEP on June 19, 2025, concerning
Securities in the Treasury Division. the Organizational Structure and Work Procedures of PT Bank
83. Settlement Authority Limit for Transactions Through ESTIM. Pembangunan Daerah Jawa Timur Tbk. The 2025 Board of
84. Integrated Risk Management Committee (KMRT). Directors Committees of Bank Jatim were as follows:
85. Stop (Budget) Loss Limit for Trading Dealer Transactions in 1. Asset Liability Committee (ALCO);
the Treasury Division. 2. Risk Management Committee;
86. Revocation of the Board of Directors’ Decree concerning 3. Personnel Management Committee;
the Standard Operating Procedure (SOP) for Bank
Indonesia-Electronic Trading Platform (BI-ETP).
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4. Information Technology Committee; Personnel Management Committee
5. Credit/Financing Committee The Personnel Management Committee was established to
a. Credit/Financing Implementation achieve optimal results in making critical decisions regarding
b. Credit/Financing Rescue Human Capital, including strategies, policies, and human capital
c. Credit/Financing Settlement Committee management systems, aligned with the Bank’s Business Plan.
d. Credit/Financing Write-Off Throughout 2025, the Personnel Management Committee held
e. Credit Line Committee 17 (seventeen) meetings.
f. Term Loan Facility Committee
6. Credit/Financing Policy Committee; Information Technology Committee
7. Product & Network Committee, consisting of two committees, The Information Technology Committee is part of IT governance
as follows: that plays a role in providing recommendations by taking into
a. Product Committee account efficiency factors and minimizing risks related to IT
b. Network Committee use. As a form of commitment from the Board of Directors
8. Sustainability Committee and management of Bank Jatim in active supervision of IT
management, the IT Committee was formed as a strategic
The Board of Directors’ evaluation procedure on the steering and oversight forum for Information Technology to
performance of the Board of Directors Committee is carried out ensure IT alignment with the Bank’s business strategy, IT risk
in the following manner: control, and compliance with regulatory provisions. The IT
1. Each Secretary of the Board of Directors Committee Committee is tasked with assisting the Board of Directors in
shall prepare the implementation materials and technical establishing the Information Technology Strategic Plan and
implementation of each Committee of the Board of policies related to IT use at the Bank. During 2025, the IT
Directors during the 2025 financial year. Committee has held 1 (one) meeting.
2. The Board of Directors’ assessment of the performance of
the Board of Directors Committee is carried out through Credit/Financing Policy Committee
the Board of Directors Meeting. The Credit/Financing Policy Committee is a committee
established by the Board of Directors to oversee policy
The criteria used in the Board of Directors’ assessment of the implementation, monitor the development and condition of the
performance of the Board of Directors Committee include: credit or financing portfolio, and provide recommendations for
1. Basis for Formation of the Committee improvement. During 2025, the Credit Policy Committee held
2. Committee Structure and Membership seven meetings.
3. Duties, Authorities and Responsibilities of the Committee
4. Committee Implementation Achievement Credit/Financing Committee
5. Conclusion The Credit/Financing Committee is an operational committee
established by the Board of Directors to evaluate and/or issue
During 2025, the Board of Directors considered that the credit/financing decisions regarding the amount and type of
committees under the Board of Directors carried out their credit/financing determined by the Board of Directors, taking
duties and responsibilities properly. into account business development without compromising
on prudent principles, including credit/financing rescue and
Asset Liability Committee (ALCO) settlement.
ALCO is a committee for decision making on assets and 1. Credit/Financing Implementation Committee
liabilities for the purposes outlined, a forum called the Asset During 2025, the Credit/Financing Implementation
Liabilities Committee (ALCO) is needed. In order to reduce and Committee held nine meetings.
eliminate risks that occur in banks, especially Liquidity Risk, 2. Credit/Financing Rescue Committee
Interest Rates and Exchange Rates, cooperation and active During 2025, the Credit/Financing Rescue Committee held
participation of various decision makers on both the assets four meetings.
and liabilities side are required. Cooperation will be successful 3. Credit/Financing Write-Off Committee
if each decision maker knows his role and the impact of his During 2025, the Credit and Financing Write-Off Committee
decision on overall business profits. During 2025 ALCO has held three meetings.
held 15 (fifteen) meetings.
Product and Network Committee
Risk Management Committee Product Committee
The Risk Management Committee was formed in order to The Product Committee is a committee formed by the Board of
maintain risk exposure at acceptable and profitable limits, so Directors to discuss, determine, and evaluate business strategies
that bank business activities can remain manageable and carry through product development, both digital and non-digital, and
out bank business activities based on prudential principles. both conventional and sharia. It is including the development of
During 2025, the Risk Management Committee has held 8 products that have not existed before and the development of
(eight) meetings. follow-up products, including conducting products evaluations
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Annual Report
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(continued products, developed, discontinued, and closed). The Board of Commissioners
2025 Product Committee had not been implemented because
the provisions for the committee are in the process of being The Board of Commissioners is the Corporate Governance organ
updated as part of the transition period for changes to the whose job is to carry out general and/or specific supervision in
2025 organizational structure. accordance with the Articles of Association, provide advice to the
Board of Directors, and ensure that the Company implements the
Network Committee principles of good corporate governance.
The Network Committee is responsible for formulating the
implementation of network development, status changes, The Board of Commissioners is responsible to the GMS in terms
and/or closures, as well as determining branch and sub- of overseeing the policies of the Board of Directors regarding
branch classes within the network classification. The Network the Company’s operations in general which refer to the
Committee serves as a platform for policy management and approved business plan, as well as ensuring compliance with all
effective monitoring of the Bank’s network to ensure success applicable laws and regulations. The responsibility of the Board of
in generating optimal profits. The Network Committee had not Commissioners to the GMS is a manifestation of the supervisory
been implemented in 2025 because the provisions for this accountability for the management of the Business Entity in the
committee were updated, as part of the transition period for implementation of the principles of good governance.
the 2025 organizational structure changes.
Duties and Responsibilities of The Board of
Sustainability Committee Commissioners
The 2025 Sustainability Committee had not been implemented
because the provisions for the committee were in the process The Board of Commissioners has duties and responsibilities
of being updated as part of the transition period for changes to that have been regulated in the Work Guidelines and Code of
the organizational structure in 2025. Conduct, including the following:
1. The Board of Commissioners is tasked with supervising
Mechanism of Self Resignation and Termination the policies and processes of management in general, both
of The Board of Directors regarding the Company and the Company’s business, and
providing advice to the Directors;
The mechanism for resignation and dismissal of the Board of 2. Members of the Board of Commissioners must carry out
Directors includes: their duties and responsibilities in good faith, with full
1. A member of the Board of Directors may submit an responsibility and prudent principle;
application to resign from his position by notifying in 3. The Board of Commissioners is tasked with supervising
writing of his intentions to the Controlling Shareholders the Bank’s policies and management of the Board of
and the Company. Directors, providing advice to the Board of Directors,
2. The company is obliged to hold a GMS to decide on the and is responsible for such supervision, in accordance
resignation request of a member of the Board of Directors with the Bank’s intent and objectives as stipulated in the
no later than 90 (ninety) days after the resignation letter is provisions of laws and regulations, articles of association,
received. and decisions of the GMS;
3. A member of the Board of Directors can be temporarily 4. In carrying out supervision, the Board of Commissioners is
suspended by the Board of Commissioners by stating the obliged to direct, monitor and evaluate the implementation
reasons and must be notified in writing to the member of of governance, risk management and compliance in an
the Board of Directors concerned. integrated manner as well as the Bank’s strategic policies,
4. The Board of Commissioners must hold a GMS to revoke in accordance with the provisions of laws and regulations,
or affirm the decision on the temporary dismissal within articles of association and/or GMS decisions;
90 (ninety) days after the date of the temporary dismissal. 5. The Board of Commissioners receives and exercises
With the expiration of the time period for holding the GMS the authority delegated and/or given to the Board of
or the GMS unable to make a decision, the temporary Commissioners in accordance with the provisions of laws
dismissal of members of the Board of Directors by the and regulations, articles of association, and/or decisions of
Board of Commissioners is canceled. the GMS;
5. The Company is obliged to implement a mechanism 6. The Board of Commissioners may carry out other
for resignation and dismissal of the Board of Directors supervisory duties and authorities.
and conduct disclosure of information to the public in 7. Each member of the Board of Commissioners is jointly
accordance with OJK regulations. and collectively liable for the Company’s losses caused
by errors or negligence of the members of the Board of
Commissioners in carrying out their duties, unless the
member of the Board of Commissioners concerned can
prove:
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07 Governance
a. The loss is not due to an error or negligence; 5. Ensure that the implementation of the responsibilities of
b. Has conducted supervision in good faith, full of the Board of Commissioners has been carried out according
responsibility, and prudently for the interests and to procedures.
in accordance with the aims and objectives of the 6. Ensure that meetings of the Board of Commissioners
Company; make decisions effectively based on true and complete
c. Has no conflict of interest, either directly or indirectly, information, including ensuring that:
over the supervision actions that result in losses; a. All strategic and important issues are taken into
d. Has taken actions to prevent such losses arising or consideration by the Board of Commissioners.
continuing; b. All existing problems are discussed carefully and
e. In the event of bankruptcy due to the error or negligence thoroughly.
of the Board of Commissioners in supervising the c. All members of the Board of Commissioners are given
management carried out by the Board of Directors and the opportunity to contribute effectively.
the Company’s assets are insufficient to pay all of the d. Each Commissioner receives relevant information
Company’s obligations due to the bankruptcy, each in a timely manner, including a brief explanation
member of the Board of Commissioners shall be jointly of the issues that will be discussed at the Board of
and severally liable with the members of the Board of Commissioners’ meeting.
Directors for the obligations that have not been paid; e. Board of Commissioners meetings produce clear
f. However, members of the Board of Commissioners decisions and are recorded in the minutes. notulen.
cannot be held responsible for the bankruptcy of the 7. Ensure that the Board of Commissioners behaves in
Company as referred to above, if they can prove that: accordance with applicable regulations.
1) The bankruptcy is not due to his/her fault or 8. Lead efforts to meet the development needs of the Board
negligence; of Commissioners.
2) Has carried out his/her supervisory duties in good 9. Perform other responsibilities assigned by the Board of
faith and with due care for the interests of the Commissioners, from time to time.
Company and in accordance with the intent and
purpose of the Company; Rights and Authorities of the Board of
3) Has no personal interest, either directly or Commissioners
indirectly, in the management actions by the Board
of Directors that result in bankruptcy; and The rights and powers of the Board of Commissioners are to:
4) Has provided advice to the Board of Directors to 1. Individually or collectively at any time during the working
prevent bankruptcy. hours of the Company’s office has the right to enter the
building and yard or other places used or controlled by
Duties and Responsibilities of President the Company and the right to examine all books, letters
Commissioner and other evidence, check and match the cash and cash
conditions. others and has the right to know all the actions
Inaccordancewiththe Regulationof Financial ServicesAuthority that have been carried out by the Board of Directors.
No. 17 of 2023 concerning Implementation of Governance for 2. Request an explanation from the Board of Directors
Commercial Banks, it is stated that the Board of Commissioners regarding all matters relating to the management of the
must be led by the President Commissioner. The function of the Company
President Commissioner in the Governance process is none 3. Know all the policies and actions that have been and will be
other than the coordinator of the Board of Commissioners’ carried out by the Board of Directors.
organs as a whole, as essentially the relationship between the 4. Requesting the Board of Directors and/or other officers
members of the Board of Commissioners is equal and in the under the Board of Directors with the knowledge of the
nature of an assembly; hence, they cannot act individually but Board of Directors to attend the meeting of the Board of
based on the Board of Commissioners’ decision. In general, the Commissioners.
duties and responsibilities of the President Commissioner are 5. Suspend one or more members of the Board of Directors,
as follows: if the member of the Board of Directors acts contrary
1. Coordinate the implementation of the duties and to the articles of association or the prevailing laws and
responsibilities of the Board of Commissioners. regulations.
2. Propose to hold a Board of Commissioners Meeting, 6. The said temporary dismissal must be notified to the
including the agenda of the Meeting. person concerned along with the reasons.
3. Summons and chair the Board of Commissioners’ meeting. 7. Form Committees under the Board of Commissioners
4. Submit the supervisory report to obtain the approval of in accordance with laws and regulations by taking into
the Annual GMS for the implementation of the duties and account the needs of the Company.
supervision of the Board of Commissioners.
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Annual Report
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8. Provide approval for policy guidelines regarding the and applicable regulations and being assessed as being able to
provision of funds to related parties and the provision of carry out their functions well, without prejudice to the GMS’s
large funds (large exposure); right to dismiss at any time.
9. Provide approval for the provision of funds to related
parties. Carry out active supervision of the policy in Board of Commissioners Criteria
question.
10. Request the Board of Directors to follow up on the findings The criteria for the Board of Commissioners of Bank Jatim have
of the SKAI examination. been stipulated in the Articles of Association of the Company
11. Determine a special examination by SKAI if there are and the Implementation Manual are as follows:
allegations of fraud, irregularities, against the applicable 1. Individual, Indonesian citizen who:
laws and regulations. a. Individual, Indonesian citizen who.
12. Evaluate and examine the follow-up to the Internal Audit b. Faithful and obedient to the State and Government.
Report, Compliance Director Report, Public Accountant c. Do not engage directly or indirectly in activities treason
Report, Bank Indonesia Report and BPK Report. against the State.
13. Consider the appointment and dismissal of the head of the d. Physically and mentally healthy.
internal audit work unit (SKAI) proposed by the President e. Have never carried out activities that harm the State or
Director. conduct disgraceful actions in the banking sector.
14. Provide feedback on periodic reports submitted by the f. The voting rights were not revoked based on a court
Board of Directors. decision.
15. Carry out other supervisory powers as long as they do 2. Pass the Fit and Proper Test in accordance with the
not conflict with laws and regulations, the Articles of provisions of the Financial Services Authority regarding
Association and/or the resolutions of the GMS. the Fit and Proper Test.
3. The majority of members of the Board of Commissioners
Decision That Needs To Agree To The Board of are prohibited from having family ties to the second degree
Commissioners with fellow members of the Board of Commissioners and/or
members of the Board of Directors.
Decisions that require approval from the Board of 4. Within 5 (five) years prior to the appointment and during
Commissioners of Bank Jatim have been regulated in the the term of office:
Board of Commissioners Work Guidelines. Matters that require a. Never been declared bankrupt.
approval from the Board of Commissioners are as follows: b. Never been a member of the Board of Directors and/
1. General Meeting of Shareholders (GMS). or a member of the Board of Commissioners who was
2. Changes in Organizational Structure; found guilty of causing a company to go bankrupt.
3. Bank Business Plan (RBB); c. Never been convicted of committing a crime that
4. Credit provision to related parties; caused losses to state finances and/or was related to
5. Internal Audit Charter; the financial sector
6. Appointment and dismissal of the head of the Internal d. Has never been a member of the Board of Directors
Audit Business Unit (SKAI); and/ or a member of the Board of Commissioners who
7. Reports to the bank’s authority/supervisor regarding during his tenure:
conditions that endanger the Bank’s business continuity; - Never held an Annual GMS.
8. Semester reports from SKAI to the Bank’s Authority/ - The responsibilities as a member of the Board
supervisor; of Directors and/or a member of the Board of
9. Approval of the Bank’s internal policies that must be Commissioners have never been accepted by
ratified by the Board of Commissioners in accordance with the GMS or have never given accountability as a
applicable laws and regulations; and member of the Board of Directors and/or a member
10. Others in accordance with the Articles of Association and of the Board of Commissioners to the GMS.
other provisions. - Have caused a company that obtained a license,
approval, or registration from OJK to fail to fulfill
Term of Office of Board of Commissioners its obligation to submit an annual report and/or f
inancial report to OJK.
The term of office of a member of the Board of Commissioners 5. Not involved directly or indirectly in treasonous activities
is a maximum of 4 (four) years from the date specified in the to the State.
GMS of appointment and ends at the closing of the 4th (fourth) 6. Never carry out activities that are detrimental to the State
Annual GMS from the date of appointment or until the closing or disgraceful actions in the banking sector
of the Annual GMS at the end of 1 (one) term period. position, 7. Not deprived of voting rights based on court decisions.
and can be reappointed for a second term of office, after taking 8. Have a good financial track record, proven by documents
into account the provisions of the Financial Services Authority that have been issued by the competent authority.
9. Meet other requirements as specified.
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Board of Commissioners’ (Board Charter) Work 1. Basic Principles
Guidelines 2. Organization & Management
3. Division of Tasks of the Board of Commissioners’ Supporting
The Board of Commissioners has a work guideline for the Board Organs
of Commissioners Number: 063/03/51/DKM/KEP dated March 4. Work Procedures
28, 2024 concerning the Standard Operating Procedure (SOP) 5. Work Flow & Mechanism
for the Work Guidelines for the Board of Commissioners. The 6. Administration, Documentation & Reporting
work guidelines are periodically evaluated and updated with
reference to applicable regulations and provisions.
The Supervision of The Board of Commissioners’
Board of Commissioners’ Work Guidelines is binding for each Supervisory Duties
member of the Board of Commissioners so that the Board
of Commissioners can carry out their supervisory functions In order to optimize the implementation of the functions and
efficiently, effectively, transparently, independently, and duties of the Board of Commissioners, it has been determined
accountably. The basis for the preparation of board of that the f ield of duties of each member of the Board of
commissioners’ work procedures guidelines is the Bank’s Commissioners has been established. The management of the
Articles of Association, Law No. 40 of 2007 concerning Limited supervisory duties of the Board of Commissioners does not
Liability Companies, Financial Services Authority Regulations reduce the rights, obligations, responsibilities and authority
and OJK Circular on the application and organs of Corporate of each member of the Board of Commissioners in carrying
Governance, and other regulations. out their functions and duties. As for the division of functions,
duties and responsibilities of the Board of Commissioners as
The Bank Jatim Board of Commissioners Work Guidelines were follows.
last updated on March 28, 2024. The contents of the Board of
Commissioners work guidelines regulate matters including:
Table of Duties of the Board of Commissioners
Name Position Duties
Adi Sulistyowati1) Independent President • Member of Audit Committee
Commissioner • Member of Risk Monitoring Committee
• Member of Remuneration and Nomination Committee
Adhy Karyono Commissioner Member of Remuneration and Nomination Committee
Muhammad Mas’ud Independent Commissioner • Chairman of Remuneration and Nomination Committee
• Member of Audit Committee
• Member of Risk Monitoring Committee
Dadang Setiabudi Independent Commissioner • Chairman of the Risk Monitoring Committee
• Member of the Audit Committee
• Member of the Remuneration and Nomination Committee
Sumaryono2) Independent Commissioner • Chairman of the Audit Committee
• Member of the Risk Monitoring Committee
• Member of the Remuneration and Nomination Committee
Asri Agung Putra3) Independent Commissioner • Chairman of the Audit Committee
• Member of the Risk Monitoring Committee Member of the Remuneration and
Nomination Committee
Notes :
1)
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority on October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
3)
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority on October 29, 2025.
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Annual Report
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Policy of The Board of Commissioners’ Concurrent Positions
The Work Guidelines for the Board of Commissioners of Bank Jatim have regulated provisions regarding concurrent positions of the
Board of Commissioners, namely that members of the Board of Commissioners are prohibited from holding concurrent positions:
1. As a member of the Board of Directors, member of the Board of Commissioners, member of the Sharia Supervisory Board, or
Executive Officer at a financial institution or financial company, whether a bank or non-bank;
2. As a member of the Board of Directors, member of the Board of Commissioners, member of the Sharia Supervisory Board, or
Executive Officer at more than 1 (one) non-financial institution or company, whether domiciled in or outside the country;
3. In the field of functional duties at a bank financial institution and/or non-bank financial institution domiciled in or outside the country;
4. In other positions that may give rise to a conflict of interest in carrying out duties as a member of the Board of Commissioners; and/or;
5. In other positions in accordance with the provisions of laws and regulations.
Table of Concurrent Positions of the Board of Commissioners
Position in Other Companies/ Company Name/ Other
Name Position
Agencies Institution
Adi Sulistyowati1) Independent President Commissioner - -
Adhy Karyono Commissioner Regional Secretary East Java Province
Muhammad Mas’ud Independent Commissioner Director of Postgraduate Studies Universitas Islam Malang
Dadang Setiabudi Independent Commissioner - -
Sumaryono 2)
Independent Commissioner - -
Asri Agung Putra 3)
Independent Commissioner - -
Notes :
1)
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority on October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for the 2024 Financial Year on May 22, 2025.
3)
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority on October 29, 2025.
Affiliation Relationships
Information regarding the Board of Commissioners’ Affiliated Relationships is presented in the Company Profile chapter of this Annual Report.
Management of Conflicts of Interest of The Board of Commissioners
The management of conflicts of interest of the Board of Commissioners as regulated in the Guidelines and Work of the Board of
Commissioners is as follows:
1. Not involved in decision-making regarding the Company’s operational activities, except for the provision of funds to related
parties and other matters stipulated in the Company’s Articles of Association or applicable laws and regulations.
2. Not taking advantage of the Company for personal, family, and/or other party interests that may harm or reduce the Company’s
profits.
3. Do not take and/or receive personal benefits from the Bank other than remuneration and other facilities determined by the GMS.
4. Do not carry out transactions that have a conflict of interest and/or take personal gain either directly or indirectly from the
Company’s activities other than legal income as a member of the Board of Commissioners.
5. Not being influenced by other parties in carrying out duties and making decisions that lead to abuse of authority and/ or improper
decision making.
6. In carrying out supervision, the Board of Commissioners is prohibited from participating in decision-making regarding the Bank’s
operational activities, except:
a. Provision of funds to related parties in accordance with the Financial Services Authority Regulation concerning the maximum
limit for providing credit and providing large funds for general banks and the Financial Services Authority Regulation
concerning the maximum limit for distributing funds and distributing large funds for Islamic general banks; and
b. Other matters stipulated in the Bank’s articles of association or provisions of laws and regulations.
7. Disclose remuneration and other facilities received in the Governance Implementation Report as stipulated in the Financial
Services Authority Regulation
During 2025, the Bank ensures that all members of the Board of Commissioners have no conflict of interest or potential conflict of
interest against Bank Jatim.
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07 Governance
In carrying out the duties, authorities, obligations, and of Commissioners. The number of Independent Commissioners
responsibilities of each Board of Commissioners of Bank Jatim of Bank Jatim consisted of 4 (four) people out of a total of 5
must always base themselves on job ethics. All members of (five) members of the Board of Commissioners. In other words,
the Board of Commissioners must avoid potential conflicts the composition of the Independent Commissioners of Bank
of interest or always position themselves so as not to be in a Jatim was more than 50% of the total members of the Board
potential conflict of interest in any situation as stated in the of Commissioners.
Board of Commissioners Work Guidelines.
Criteria for Determining Independent Commissioners
In the event of a conflict of interest, the Board of Commissioners
who has a conflict of interest does not use their rights/authority The criteria for determining the Independent Commissioner
in making decisions. Members of the Board of Commissioners of Bank Jatim are regulated in the articles of association
are prohibited from taking actions that may harm the Bank and in the guidelines for the implementation of the Board of
or reduce the Bank’s profits and must disclose the conflict of Commissioners of Bank Jatim that are adjusted according to
interest referred to in every decision. the applicable rules including Circular Letter of the Financial
Services Authority Regulation No. 17 of 2023 regarding
Independent Commissioners Governance Implementation for Commercial Banks and
Financial Services Authority Regulation No. 33/POJK.04/2014
Bank Jatim is subject to regulations issued by regulators regarding Board of Directors and Board of Commissioners
regarding the existence of Independent Commissioners in the of Issuers or Public Companies, among others it is explained
Bank. The Bank’s Independent Commissioners are appointed that Independent Commissioners must meet the following
at least 50% (fifty percent) of the total members of the Board requirements:
Independent Commissioner
Independent Commissioner Criteria Asri
Muhammad Dadang
Adi Sulistyowati1) Sumaryono2) Agung
Mas’ud Setiabudi
Putra3)
Members of the Board of Commissioners who do
not have financial relationships, management
relationships, share ownership relationships,
family relationships with other members of
the Board of Commissioners, the Board of
Directors and/or Controlling Shareholders or
relationships with the Bank, which may affect
their ability to act independently.
Not a person who works or has the authority
and responsibility to plan, lead, control or
supervise the activities of the Issuer or
Public Company in the last 6 (six) months,
except for reappointment as an Independent
Commissioner of the Issuer or Public Company
in the following period.
Does not have shares either directly or
indirectly in the Issuer or Public Company.
Does not have an affiliated relationship with
the Issuer or Public Company, member of the
Board of Commissioners, member of the Board
of Directors, or Major Shareholder of the Issuer
or Public Company.
Does not have any direct or indirect business
relationship related to the business activities of
the Issuer or Public Company.
Notes :
1)
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority on October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025.
3)
Nominated at the Annual General Meeting of Shareholders for the 2024 Fiscal Year on May 22, 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority on October 29, 2025.
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The presence of an Independent Commissioner is intended to be able to encourage the creation of an objective climate and work
environment, placing fairness and equality among various interests, including the interests of minority shareholders and other
stakeholders.
Independent Commissioner must be free from conflicts of interest. In order to support the implementation of the Company’s GCG,
shareholders in the GMS determine the Independent Commissioners with the number and requirements as stipulated in the laws and
regulations to carry out supervisory duties towards the Bank.
Independent Commissioner’s Statement
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Annual Report
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Meeting of Board of Commissioners Internal Meeting of Board of Commissioners
Meeting Policy INTERNAL MEETING PLAN OF THE BOARD OF
COMMISSIONERS
The Board of Commissioners must hold regular meetings, and
arrange a meeting schedule for the following year before the The Board of Commissioners has drawn up plans for a meeting
end of the financial year. in 2025 in the Work Program of the Board of Commissioners.
1. The implementation of the meeting can be divided into two, The Board of Commissioners Meeting Plan is prepared as a
namely: guideline in the implementation of the meeting in accordance
a. Internal meetings of the Board of Commissioners. with the time specified both the internal meeting of the Board
b. Meetings of the Board of Commissioners with the of Commissioners and the meeting with the Board of Directors,
Board of Directors and/or Head of Work Unit (Division) among others as follows:
in accordance with the topic discussed.
2. Internal meetings of the Board of Commissioners must be Quarter I
held regularly at least once every 2 (two) months (6 (six) • Monthly review of the Bank’s performance.
times a year). • Review and approval of the Annual Report and the audited
3. Meetings of the Board of Commissioners with the Board of Consolidated Financial Statements for the fiscal year 2025.
Directors must be held regularly at least once every 2 (two) • Preparation for the Annual General Meeting of Shareholders
months (6 (six) times a year. for the fiscal year 2025.
4. Meetings can also be held at any time at the request of 1 • Review of the performance assessment of the Board
(one) or several Members of the Board of Commissioners of Commissioners and the Committees of the Board of
or at the request of the Board of Directors, stating matters Commissioners for 2024.
to be discussed. • Quarterly review of the Bank’s Risk Profile, Business
5. Meetings of the Board of Commissioners and/or Meetings Activities, IT, Human Resources, and Strategic Initiatives
of the Board of Commissioners with the Board of Directors for the Fourth Quarter of 2024.
can be thematic in accordance with existing problems • Semi-annual review of the Business Activities, IT, Human
under certain conditions; Resources, and Strategic Initiatives for the Semester II of
6. At the meeting that has been scheduled, meeting materials 2024.
are submitted to participants no later than 5 (five) days
before the meeting is held. Quarter II
7. In the event that a meeting is held outside the schedule set • Monthly Review on Bank Performance.
out in point 6, the meeting materials shall be submitted to • Quarterly Review of Risk Profile, Business Activities, IT, HR
the meeting participants no later than before the meeting and Other Strategic Initiatives for the Quarter I of 2025.
is held. • Supervision and evaluation of the Bank’s Soundness Level,
8. The meeting of the Board of Commissioners is chaired by Risk Management, Governance Implementation, as well
the President Commissioner, in the event that the President as a review of the compliance function report and the
Commissioner is unable to attend or is absent which does implementation of the Compliance Director’s duties.
not need to be proven to a third party, the meeting of the • Discussion on preparation of the Board of Commissioners’
Board of Commissioners is chaired by a member of the supervisory report on the RBB for semester 1.
Board of Commissioners who is elected by and from the • Discussion of the Nomination Process for Candidates for
members of the Board of Commissioners who are present. Bank Management.
9. A member of the Board of Commissioners can be • Review of Bank’s internal policies/regulations (BPP/SOP).
represented in a meeting of the Board of Commissioners
only by another member of the Board of Commissioners Quarter III
based on a power of attorney. • Monthly review of the Bank’s performance.
10. Meetings of the Board of Commissioners are valid and have • Quarterly review of the Risk Profile, Business Activities,
the right to make binding decisions if more than ½ (one Information Technology, Human Resources, and other
half) of the total members of the Board of Commissioners Strategic Initiatives for the second quarter of 2025.
are present or represented at the meeting. • Discussion of the Bank’s 2025 Corporate Work Plan and Budget.
11. Decisions of the Board of Commissioners meeting must be • Discussion of the nomination process for prospective
made based on deliberation to reach consensus. members of the Bank’s Management.
12. If a decision cannot be made by deliberation to reach a • Discussion of the selection process for the Public
consensus, the decision is made by voting based on a vote Accounting Firm (KAP) for the audit of the Bank’s 2025
in agreement of at least more than ½ (one half) of the Financial Statements.
number of votes cast in the meeting. • Semester Review of Business, IT, HR, and Strategic
Initiatives for the First Semester of 2025
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07 Governance
Quarter IV
• Monthly Review of Bank Performance.
• Quarterly Review of Risk Profile, Business Activities, IT, HR, and Other Strategic Initiatives for the Quarter III of 2025.
• Approval of the Bank’s 2026 Business Plan and Sustainable Finance Action Plan.
• Supervision and evaluation of the Bank’s Soundness Level, Risk Management, and Governance Implementation, as well as review
of the Compliance Function Report and the Compliance Director’s Duties.
• Discussion on the preparation of the Board of Commissioners’ and Committee Work Programs and Budgets for 2026.
• Preparation of the Governance Implementation Report for the 2025 Financial Year.
• Review of the Board of Commissioners’ work program for 2025
REALIZATION OF THE INTERNAL MEETING OF THE BOARD OF COMMISSIONERS
Throughout 2025, the agenda, dates and participants of the Board of Commissioners Meetings are as follows.
Table of Board of Commissioners Meetings
Meeting
No Date Meeting Agenda Attendance Reason for Absence
participants
1 January 14, Dissemination regarding the Harmonization Muhammad Mas’ud Present
2025 and Synchronization of Government Regulation
of the Republic of Indonesia No. 54 of 2017, Dadang Setiabudi Present
Minister of Home Affairs Regulation No. 37 of
2018 concerning the Appointment and Dismissal Adhy Karyono Present
of BUMD Management, and OJK Regulation No. 17
of 2023 concerning Governance for Commercial Sumaryono Present
Banks.
2 January 14, PDiscussion on the preparation of the Board of Muhammad Mas’ud Present
2025 Commissioners Communication Forum (FKDK)
and the National Working Meeting of the Board of Dadang Setiabudi Present
Commissioners of Regional Development Banks
(BPD SI). Adhy Karyono Present
Sumaryono Present
3 February 6, Continuous Public Offering of Bonds. Muhammad Mas’ud Present
2025
Dadang Setiabudi Present
Adhy Karyono Present
Sumaryono Present
4 February 24, 1. Evaluation of the Bank Soundness Level (TKB) Muhammad Mas’ud Present
2025 for Q1–Q4 of 2024; and
2. Risk Management Policy, including Information Dadang Setiabudi Present
Technology Risk Management for 2025 along
with its implementation program. Adhy Karyono Not Present Permit
Sumaryono Present
5 March 5, 2025 1. Progress update on the BI Fast case; and Muhammad Mas’ud Present
2. Progress update on the Bank Jatim Jakarta
Branch case. Dadang Setiabudi Present
Adhy Karyono Present
Sumaryono Present
6 March 13, 2025 1. KPI of the Board of Commissioners for 2024; Muhammad Mas’ud Present
and
2. KPI of the Committees of the Board of Dadang Setiabudi Present
Commissioners for 2024.
Adhy Karyono Present
Sumaryono Present
7 April 18, 2025 Approval of the adjustment to the Bank Business Muhammad Mas’ud Present
Plan (RBB) for 2025.
Dadang Setiabudi Present
Adhy Karyono Present
Sumaryono Present
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Meeting
No Date Meeting Agenda Attendance Reason for Absence
participants
8 April 29, 2025 1. IT Risk Management Policy for 2025; Muhammad Mas’ud Present
2. Implementation of IT Risk Management (RSTI)
for the First Quarter of 2025; and Dadang Setiabudi Present
3. Strengthening of the IT Security System against
cyber crime risks. Adhy Karyono Not Present Permit
Sumaryono Present
9 May 15, 2025 Determination of the Chair of the GMS Meeting. Muhammad Mas’ud Present
Dadang Setiabudi Present
Adhy Karyono Present
Sumaryono Present
10 May 28, 2025 Overview of the Corporate Secretary. Muhammad Mas’ud Present
Dadang Setiabudi Present
Adhy Karyono Not Present Permit
11 May 28, 2025 Overview of SEVP Consumer Banking. Muhammad Mas’ud Present
Dadang Setiabudi Present
Adhy Karyono Not Present Permit
12 June 13, 2025 Overview of the Internal Audit Division. Muhammad Mas’ud Present
Dadang Setiabudi Present
Adhy Karyono Not Present Permit
13 July 15, 2025 Discussion on the Customer Satisfaction Survey of Muhammad Mas’ud Present
PT Bank Jatim Tbk.
Dadang Setiabudi Present
Adhy Karyono Not Present Permit
14 July 18, 2025 1. Vacancy of the Chairman of the Audit Muhammad Mas’ud Present
Committee previously held by Mr. Sumaryono
(who has retired);
2. Vacancy of the Chairman of the Audit
Committee previously held by Mr. Sumaryono
(who has retired); Dadang Setiabudi Present
3. OJK Letter No. S-356/PM.023/2025 dated July
16, 2025 regarding the request for additional
information and documents in the context of
the licensing process for the Continuous Public
Adhy Karyono Present
Offering of Bank Jatim Bonds, including the
requirement to update the composition of the
Committees of the Board of Commissioners.
15 July 22, 2025 Fulfillment of members of the Risk Monitoring Muhammad Mas’ud Present
Committee (Independent Party) based on the
assessment results conducted by the Board of Dadang Setiabudi Present
Commissioners.
Adhy Karyono Not Present Permit
16 July 24, 2025 Acceleration of digitalization in supporting the Muhammad Mas’ud Present
Bank Jatim’s business and product sales.
Dadang Setiabudi Present
Adhy Karyono Present
17 August 14, 2025 Discussion on the fulfillment of documents and Muhammad Mas’ud Present
information in relation to the Fit and Proper Test
(PKK) process of the Board of Directors by OJK. Dadang Setiabudi Present
Adhy Karyono Present
18 September 3, Discussion on the results of monitoring by the Muhammad Mas’ud Present
2025 Committees of the Board of Commissioners on the
performance of Bank Jatim. Dadang Setiabudi Present
Adhy Karyono Present
PT Bank Pembangunan Daerah Jawa Timur Tbk 433
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Corporate
07 Governance
Meeting
No Date Meeting Agenda Attendance Reason for Absence
participants
19 October 16, 1. Progress of the procurement of Public Adi Sulistyowati Present
2025 Accounting Firm AP/KAP for the audit of the
2025 financial statements; and Muhammad Mas’ud Present
2. Update on the achievement of credit quality and
the Bank Jatim’s risk profile. Dadang Setiabudi Present
Adhy Karyono Not Present Permit
20 November 20, Work Program and Budget of the Board of Adi Sulistyowati Present
2025 Commissioners for 2026.
Muhammad Mas’ud Present
Dadang Setiabudi Present
Asri Agung Putra Present
Adhy Karyono Present
21 December 9, 1. Findings of OJK Examination Report (KHP) in Adi Sulistyowati1) Present
2025 2025
2. Approval of KPAPAP; Muhammad Mas’ud Present
3. Request for updating the Internal Audit Charter;
and Dadang Setiabudi Present
4. Discussion on Surveillance Audit of SMAP SNI
ISO 37001. Asri Agung Putra Present
Adhy Karyono Not Present Permit
Joint Meeting of the Board of Commissioners and the Board of Directors
The Joint Meeting of the Board of Commissioners with the Board of Directors consists of a Joint Meeting of the Board of Commissioners
inviting the Board of Directors or vice versa.
REALIZATION OF JOINT MEETINGS OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Throughout 2025, the agenda, dates and participants of the joint meetings of the Board of Commissioners and the Board of Directors
are as follows.
Table of Joint Meetings of the Board of Commissioners and Directors
Board of
Present/ Reasons Board of Present/ Reasons
Commissioners
No Date Meeting Agenda Not for Directors Meeting Not for
Meeting
Present Absence Participants Present Absence
Participants
1 January 1. Bank Jatim Muhammad Present Busrul Iman Present
22, 2025*) Financial Mas’ud
Performance for
December 2024 Sumaryono Present R. Arief Wicaksono Not Umrah
2. Results of present leave
Governance
Self-Assessment Dadang Setiabudi Present Umi Rodiyah Present
as of December
2024
3. Plan for the Adhy Karyono Not Permission Arif Suhirman Present
implementation present
of the
Continuous Edi Masrianto Present
Public Offering
of Bonds Zulhelfi Abidin Present
Eko Susetyono Present
434 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Board of
Present/ Reasons Board of Present/ Reasons
Commissioners
No Date Meeting Agenda Not for Directors Meeting Not for
Meeting
Present Absence Participants Present Absence
Participants
2 February 1. Bank Jatim Muhammad Present Busrul Iman Present
24, 2025 Financial Mas’ud
Performance for
January 2025 R. Arief Wicaksono Present
2. Preparation
for the Annual Dadang Setiabudi Present Umi Rodiyah Present
General Meeting
of Shareholders
(AGMS) for the Arif Suhirman Present
fiscal year 2024
3. Presentation of
Due Diligence Sumaryono Present Edi Masrianto Present
Results of KUB
Bank Banten
Zulhelfi Abidin Present
Adhy Karyono Present Eko Susetyono Present
3 February Discussion on Muhammad Present Busrul Iman Present
26, 2025 Bank Jatim’s Share Mas’ud
Performance in R. Arief Wicaksono Present
2025
Sumaryono Present Umi Rodiyah Present
Dadang Setiabudi Present Arif Suhirman Present
Edi Masrianto Present
Not Zulhelfi Abidin Present
Adhy Karyono present Permission
Eko Susetyono Present
March 18, 1. Bank Jatim Muhammad Present Busrul Iman Present
4 2025 Financial Mas’ud
Performance for R. Arief Wicaksono Present
February 2025
2. Update on the
preparation Sumaryono Present Umi Rodiyah Present
of the Annual
General Meeting Arif Suhirman Present
of Shareholders
(AGMS) for the
Dadang Setiabudi Present Edi Masrianto Present
fiscal year 2024
Zulhelfi Abidin Present
Adhy Karyono Present Eko Susetyono Present
5 April 29, 1. Bank Jatim Muhammad Present Busrul Iman Present
2025 Financial Mas’ud
Performance for R. Arief Wicaksono Present
March 2025
2. Progress on the Sumaryono Present Umi Rodiyah Present
preparation of
the Annual GMS Dadang Setiabudi Present Arif Suhirman Present
for the fiscal
year 2024 Edi Masrianto Present
Adhy Karyono Not Permission Zulhelfi Abidin Present
present
Eko Susetyono Present
6 May 27, Bank Jatim Muhammad Present Arif Suhirman Present
2025*) Financial Mas’ud
Performance for
April 2025 Dadang Setiabudi Present Umi Rodiyah Present
Adhy Karyono Not Permission
present
PT Bank Pembangunan Daerah Jawa Timur Tbk 435
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Corporate
07 Governance
Board of
Present/ Reasons Board of Present/ Reasons
Commissioners
No Date Meeting Agenda Not for Directors Meeting Not for
Meeting
Present Absence Participants Present Absence
Participants
7 June 17, Bank Jatim Muhammad Present Arif Suhirman Present
2025 Financial Mas’ud
Performance for
May 2025 Dadang Setiabudi Present
Adhy Karyono Not Permission Umi Rodiyah Present
present
8 July 25, 1. Bank Jatim Muhammad Present Arif Suhirman Present
2025 Financial Mas’ud
Performance for
June 2025
2. Presentation Dadang Setiabudi Present Umi Rodiyah Present
of Governance
Self-Assessment
Results for June
Adhy Karyono Not Permission
2025
present
9 September Bank Jatim Muhammad Present Winardi Legowo Present
18, 2025*) Financial Mas’ud
Performance for
July & August Dadang Setiabudi Present Arif Suhirman Present
2025
Adhy Karyono Present Umi Rodiyah Present
10 October Bank Jatim Adi Sulistyowati Present Winardi Legowo Present
28, 2025 Financial
Performance for R. Arief Wicaksono Not Attending
September 2025 present Ceremony
Muhammad Present Arif Suhirman Not Business
Mas’ud present Trip
Umi Rodiyah Present
Tonny Prasetyo Present
Dadang Setiabudi Present RM Wahyukusumo Present
Wisnubroto
Adhy Karyono Not Permission Wiweko Probojakti Present
present
11 October Obligations for Adi Sulistyowati Present Winardi Legowo Present
28, 2025 Holding a General
Meeting of Muhammad Present R. Arief Wicaksono Present
Shareholders Mas’ud
Dadang Setiabudi Present Arif Suhirman Not Business
present Trip
Adhy Karyono Not Permission Umi Rodiyah Present
present
Tonny Prasetyo Present
RM Wahyukusumo Present
Wisnubroto
Wiweko Probojakti Present
436 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Board of
Present/ Reasons Board of Present/ Reasons
Commissioners
No Date Meeting Agenda Not for Directors Meeting Not for
Meeting
Present Absence Participants Present Absence
Participants
12 November 1. Bank Business Adi Sulistyowati Present Winardi Legowo Present
26, 2025 Plan for 2026
2. Report on the Muhammad Present R. Arief Wicaksono Present
Implementation Mas’ud
of AML, CFT &
PPP SPM Dadang Setiabudi Present Arif Suhirman Present
Adhy Karyono Not Permission Umi Rodiyah Present
present
Asri Agung Present Tonny Prasetyo Present
Putra
RM Wahyukusumo Not (R. Arief
Wisnubroto present Wicaksono
concur-
rently
serves as
Acting
Director of
Finance,
Treasury
& Global
Services)
Wiweko Probojakti Present
13 December 1. Customer Adi Sulistyowati Present Winardi Legowo Present
23, 2025 Satisfaction
Survey & Net
Promoter Score R. Arief Wicaksono Present
(NPS) for 2025
2. Bank Jatim Muhammad Present Arif Suhirman Present
Financial Mas’ud
Performance for
November 2025 Dadang Setiabudi Present Umi Rodiyah Present
Tonny Prasetyo Present
Adhy Karyono Not Permission RM Not (R. Arief
present Wahyukusumo present Wicaksono
Wisnubroto concur-
rently
serves as
Acting
Director of
Finance,
Treasury
& Global
Services)
Asri Agung Present Wiweko Probojakti Present
Putra
*) Also attended by the Sharia Supervisory Board
PT Bank Pembangunan Daerah Jawa Timur Tbk 437
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07 Governance
Frequency and Participants of Board of Commissioners’ Meetings
During 2025, the Board of Commissioners has conducted and attended 21 (twenty one) internal meetings and 13 (thirteen) joint
meetings of the Board of Commissioners and the Board of Directors. The frequency and attendance of meetings for each member of
the Board of Commissioners can be seen in the table below.
Table of Frequency and Participants of Board of Commissioners Meetings
Joint Meeting of Board of
Board of Commissioners Meeting
Commissioners with Board of Directors GMS
Number and Percentage of Number and Percentage of
Number and Percentage of Attendance
Name Position Attendance Attendance
Number Number
Number of Percent- Number of Number of Number of Percent-
of Meet- Percentage of Meet-
Attendance age Meetings Attendance Attendance age
ings ings
Independent
Adi
President 3 3 100% 4 4 100% 1 1 100%
Sulistyowati1)
Commissioner
Adhy Kary-
Commissioner 21 12 57% 13 3 23% 1 1 100%
ono
Muhammad Independent
21 21 100% 17 100% 1 1 100%
Mas’ud Commissioner 13
Dadang Se- Independent
21 100% 17 100% 1 1 100%
tiabudi Commissioner 21 13
Independent
Sumaryono2) 9 9 100% 5 5 100% 1 1 100%
Commissioner
Asri Agung Independent
2 2 100% 2 2 100% 1 1 100%
Putra3) Commissioner
Notes :
1)
Appointed at the Annual GMS for the financial year 2024 on May 22, 2025 and effective upon the Decree of the Members of the Board of Commissioners of the Financial Services Authority (OJK) dated October
16, 2025.
2)
Dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025.
3)
Appointed at the Annual GMS for the fiscal year 2024 on May 22, 2025 and effective upon the Decree of the Members of the Board of Commissioners of the Financial Services Authority (OJK) dated October
29, 2025.
Training and/or Increasing Competence of Members of The Board of Commissioners
In general, the policy regarding the development of the competency of members of the Board of Commissioners of Bank Jatim is
regulated in the Board of Commissioners Work Manual No. 063/03/51/DKM/KEP dated March 28, 2024. In the Work Guidelines
for the Board of Commissioners, it was stated that the Board of Commissioners should always improve knowledge and insight by
following developments in the banking industry in particular and the business world in general so that it had a positive impact on the
operations of Bank Jatim, one of which was through education programs/ training to improve the competence.
Specifically related to the implementation of education/ training programs to improve the competence of the Board of Commissioners,
it was arranged in the work program of the Board of Commissioners every year. Competency development aimed to:
1. Increasing the insight and knowledge of the Board of Commissioners in accordance with their fields and business developments.
2. Increasing relationships and relationships with external stakeholders.
3. Supporting the implementation of duties and responsibilities supported by knowledge of educational outcomes.
4. Developing professional knowledge, competence and leadership abilities of the Directors and Board of Commissioners in line
with the latest developments in the industry and good corporate governance.
5. Increasing awareness that education, introduction and development programs for the Board of Commissioners became an
important part of the company’s learning and development process in addition to strengthening the structure and strengthening
corporate governance. perusahaan
438 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
The trainings and/or competency improvements that the Board of Commissioners participated in 2025 are as follows.
Types of Training and Competency Time and Place of
Name Position Organizer
Development/Training Materials Implementation
Adi Sulistyowati1) Independent Implementation Program (Refreshment) of Banking Jakarta, July 6, TD Concultant
President Risk Management Certification – Qualification Level 2025
Commissioner VII
National Seminar of the Communication Forum of the Surabaya, July 9-10, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development 2025 Tengah
Banks throughout Indonesia – Central Region
“Roadmap for Strengthening BPD”
National Seminar of the Communication Forum of the Banda Aceh, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development November 17, 2025 Barat
Banks throughout Indonesia – Western Region
“Protocols for Prevention, Handling, and Post-Cyber
Attack Recovery in Banks”
Adhy Karyono Commissioner National Seminar “Enhancing the Supervisory Role of Malang, January 16- FKDK - BPDSI
the Board of Commissioners of BPDSI” 17, 2025
National Seminar of the Communication Forum of the Surabaya, July 9-10, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development 2025 Tengah
Banks throughout Indonesia – Central Region
“Roadmap for Strengthening BPD”
Muhammad Mas’ud Independent National Seminar “Enhancing the Supervisory Role of Malang, January 16- FKDK - BPDSI
Commissioner the Board of Commissioners of BPDSI” 17, 2025
Banking Risk Management Competency Certificate – Jakarta, February BSMR
Qualification Level 7 25, 2025
Implementation Program (Refreshment) of Banking Jakarta, July 6, TD Concultant
Risk Management Certification – Qualification Level 2025
VII
National Seminar of the Communication Forum of the Surabaya, July 9-10, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development 2025 Tengah
Banks throughout Indonesia – Central Region
“Roadmap for Strengthening BPD”
Sumaryono2) Independent National Seminar “Enhancing the Supervisory Role of Malang, January 16- FKDK - BPDSI
Commissioner the Board of Commissioners of BPDSI” 17, 2025
Banking Risk Management Competency Certificate – Jakarta, February BSMR
Qualification Level 7 25, 2025
Dadang Setabudi Independent National Seminar “Enhancing the Supervisory Role of Malang, January 16- FKDK - BPDSI
Commissioner the Board of Commissioners of BPDSI” 17, 2025
Implementation Program (Refreshment) of Banking Jakarta, July 6, TD Concultant
Risk Management Certification – Qualification Level 2025
VII
National Seminar of the Communication Forum of the Surabaya, July 9-10, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development 2025 Tengah
Banks throughout Indonesia – Central Region
“Roadmap for Strengthening BPD”
National Seminar of the Communication Forum of the Banda Aceh, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development November 17, 2025 Barat
Banks throughout Indonesia – Western Region
“Protocols for Prevention, Handling, and Post-Cyber
Attack Recovery in Banks”
PT Bank Pembangunan Daerah Jawa Timur Tbk 439
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Corporate
07 Governance
Types of Training and Competency Time and Place of
Name Position Organizer
Development/Training Materials Implementation
Asri Agung Putra3) Independent Banking Risk Management Competency Certificate – Jakarta, July 3, BSMR
Commissioner Qualification Level 6 (Non-Tiered) 2025
National Seminar of the Communication Forum of the Surabaya, July 9-10, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development 2025 Tengah
Banks throughout Indonesia – Central Region
“Roadmap for Strengthening BPD”
National Seminar of the Communication Forum of the Banda Aceh, FKDK - BPDSI Wilayah
Board of Commissioners of Regional Development November 17, 2025 Barat
Banks throughout Indonesia – Western Region
“Protocols for Prevention, Handling, and Post-Cyber
Attack Recovery in Banks”
Notes :
1)
Appointed at the Annual GMS for the financial year 2024 on May 22, 2025 and effective upon the Decree of the Members of the Board of Commissioners of the Financial
Services Authority (OJK) dated October 16, 2025.
2)
Dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025.
3)
Appointed at the Annual GMS for the fiscal year 2024 on May 22, 2025 and effective upon the Decree of the Members of the Board of Commissioners of the Financial
Services Authority (OJK) dated October 29, 2025.
Orientation Program for New Board of Commissioners
The Orientation Program is very important to be implemented, because the members of the Board of Directors can come from various
backgrounds, so that in order to form a solid work team, the Orientation Program is mandatory to run. The provisions concerning
the Orientation program must be given to Directors who are taking office for the first time must be given an orientation program
regarding the Bank.
The orientation program that is given can be in the form of participantss, meetings or visits to the Company’s facilities, introductions
to Division Leaders, Groups and employees of the Company and other programs.
In 2025, there were 2 (two) newly appointed and effective members of the Board of Commissioners, namely Adi Sulistyowati
(Independent President Commissioner) and Asri Agung Putra (Independent Commissioner). The orientation program for newly
appointed Commissioners was conducted in stages through the delivery of materials covering, among others, the following
information/matters:
1. The Company’s vision, mission, organizational structure, business activities and operational network
2. Annual Report, Corporate Plan, and Bank Business Plan (RBB), Company Code of Ethics, Bank Jatim Work Culture, Company
Articles of Association, and Board of Commissioners Work Procedure Guidelines
3. Good Corporate Governance, duties, authorities and responsibilities of the Board of Commissioners and Board of Directors,
delegation of authority and limitations of the authority of the Board of Commissioners in carrying out supervisory duties towards
the company based on applicable laws and regulations.
4. Committees under the Board of Commissioners which are formed and directly responsible to the Board of Commissioners, and
the Board of Commissioners Secretariat which helps smooth the implementation of the Board of Commissioners’ duties;
5. Remuneration and facilities provided to members of the Board of Commissioners.
Procedures and Frequency of Giving Advice
Providing advice from the Board of Commissioners to the Board of Directors through written letters or at meetings. Meetings held by
the Board of Commissioners are divided into 2 (two), namely:
1. Internal meetings of the Board of Commissioners.
2. Meetings of the Board of Commissioners and the Board of Directors.
3. Meeting of the Board of Commissioners with the Board of Directors and the Sharia Supervisory Board.
In addition to these two meetings, the Board of Commissioners also conducts coordination meetings with the Committees under
the Supervision of the Board of Commissioners consisting of Audit Committee Meetings, Risk Monitoring Committee Meetings and
Remuneration and Nomination Committee Meetings.
440 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Recommendations, Implementation of Duties of The Board of Commissioners, and Supervision of The
Company’s Strategy Implementation
Throughout 2025 the Board of Commissioners provided recommendations and carried out the duties and responsibilities of the
Board of Commissioners through forums, including:
1. Board of Commissioners Meeting
2. Meetings with the Committees under the Board of Commissioners
3. On site visit of the Board of Commissioners.
In 2024, the Board of Commissioners issued 18 (eighteen) letters of approval which became the authority of the Board of
Commissioners as stipulated in the Articles of Association and applicable regulations. Some of these approvals are as follows.
No. Letter Date Subject
1 January 7, 2025 Approval for the Replacement of the Internal Audit Work Unit
2 January 22, 2025 Approval of the 2025 Audit Plan
3 January 22, 2025 Approval for the Temporary Replacement of the President Director
4 February 24, 2025 Approval of the Plan for the Continuous Public Offering (PUB) of Bank Jatim Bonds in 202
5 March 13, 2025 Approval of the Principles for Granting Financing to Related Parties
6 March 13, 2025 Approval for the Provision of Religious Holiday Allowance for 2025 to the Board of Commissioners, Board of
Directors, Committees, and the Sharia Supervisory Board
7 March 17, 2025 Approval for the Provision of Multipurpose Loans to Related Parties
8 April 14, 2025 Approval of the Key Performance Indicators (KPI) of the Board of Directors for 2024
9 April 17, 2025 Approval for the Temporary Replacement of the President Director
10 April 17, 2025 Approval of the Adjustment to the Bank Business Plan for 2025
11 May 14, 2025 Approval of the Bank Jatim Recovery Plan Document
12 May 20, 2025 Approval of Amendments to the Standard Operating Procedure (SOP) of the Board of Directors
13 June 18, 2025 Approval of the Improvement of the Organizational Structure
14 September 25, 2025 Approval for the Nomination of Candidates for the Board of Directors and Non-Independent Commissioner
of Bank NTT
15 03 November 2025 Approval and Appointment of a Public Accountant (AP) and/or Public Accounting Firm (KAP) to audit the
2025 Consolidated Financial Statements of PT Bank Pembangunan Daerah Jawa Timur Tbk, the Sharia
Business Unit, and banks within the Business Group (KUB)
16 November 26, 2025 Approval of the Bank Business Plan for 2026
17 December 10, 2025 Approval of Amendments to Credit or Financing Product Policies
18 December 23, 2025 Approval of the Update of the Internal Audit Charter
Performance Assessment of The Board of Director and Board of Commissioners
Board of Directors Performance Assessment
The evaluation of the Board of Directors’ performance is carried out by the Board of Commissioners and subsequently reported to
the Shareholders through the General Meeting of Shareholders (GMS). The assessment is carried out based on the achievement of
key performance indicators (KPIs) that have been previously approved by Shareholders, the Board of Commissioners, and the Board
of Directors.
PROCEDURES OF THE IMPLEMENTATION OF THE BOARD OF DIRECTORS PERFORMANCE ASSESSMENT
The performance achievements of the Board of Directors, both collegially and individually, are carried out by the Board of
Commissioners and then reported to shareholders through the GMS.
PT Bank Pembangunan Daerah Jawa Timur Tbk 441
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Corporate
07 Governance
BOARD OF DIRECTORS’ PERFORMANCE ASSESSMENT CRITERIA
Key Performance Indicators (KPIs) of the Board of Directors as a Collegiate
No Perspective KRA Description
1 FINANCIAL Total TPFs Achievement of Total Third Party Funds in accordance with the Business Plan (RBB)
Total Credits Achievement of credit distribution in accordance with prudential banking principles
(sound, selective, and prudential)
Total Assets Achievement of Total Assets in accordance with the Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of CAR Ratio
NIM Achievement of NIM Ratio
CASA Achievement of CASA Ratio
LDR Achievement of LDR Ratio
Coverage Ratio Achievement of Coverage Ratio
BOPO Achievement of BOPO Ratio
NPL Achievement of NPL Ratio
LAR Achievement of LAR Ratio
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
PEFINDO Ranking PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Corporate Award Achieving award for corporate minimally 5 times in a year
J-Connect Users Increasing the number of J-Connect users
Sanctions / Fines Zero Fines
Auction/GS/Summary Conducting Auction/GS/Summary
Key Performance Indicator (KPI) of Director individually
Key Performance Indicator (KPI) of Director collegially is individual KPI of President Director. The following is explanation of KPI of
each Director.
KPI OF VICE-PRESIDENT DIRECTOR
No Perspective KRA Description
1 Institutional TPF Achievemnt of Total of Institutional Third Party Funds in accordance with the Bank’s
FINANCIAL
Business Plan (RBB)
Medium & Corporate Creidt Achievement of Medium and Corporate Credit disbursement in accordance with
prudent banking principles (sound, selective, and prudent)
442 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
No Perspective KRA Description
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of the CAR Ratio
NIM Achievement of the CAR Ratio
CASA Achievement of the CASA Ratio
LDR Achievement of the LDR Ratio
Coverage Ratio Achievement of the Coverage Ratio
BOPO Achievement of the BOPO Ratio
NPL Achievement of the NPL Ratio
LAR Achievement of the LAR Ratio
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
PEFINDO Ranking PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Financial Statements Ensuring financial statements complying with applicable PSAK & Financial Principles
Auction/GS/Summons Conducting Auction/GS/Summons
Legal Cases resolution of the total legal cases
Sanction/Fine Minimizing reporting sanctions and fines
KPI OF DIRECTOR OF FINANCE
No Perspective KRA Description
1 FINANCIAL Total TPFs Achievemnt of Total Third Party Funds in accordance with the Bank’s Business Plan
(RBB)
Total Credits Achievement loan disbursement in accordance with prudent banking principles
(sound, selective, and prudent)
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of CAR Ratio
NIM Achievement of NIM Ratio
CASA Achievement of CASA Ratio
LDR Achievement of LDR Ratio
Coverage Ratio Achievement of Coverage Ratio
BOPO Achievement of BOPO Ratio
NPL Achievement of NPL Ratio
PT Bank Pembangunan Daerah Jawa Timur Tbk 443
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Corporate
07 Governance
No Perspective KRA Description
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
Ranking PEFINDO PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Financial Statements Ensuring financial statements complying with applicable PSAK & Financial Principles
KPI OF DIRECTOR OF IT, DIGITAL & OPERATIONAL
No Perspective KRA Description
1 FINANCIAL Total TPFs Achievemnt of Total Third Party Funds in accordance with the Bank’s Business Plan
(RBB)
Total Credits Achievement loan disbursement in accordance with prudent banking principles
(sound, selective, and prudent)
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of CAR Ratio
NIM Achievement of Net Interest Margin (NIM) Ratio
CASA Achievement of CASA Ratio
LDR Achievement of LDR Ratio
Coverage Ratio Achievement of Coverage Ratio
BOPO Achievement of BOPO
NPL Achievement of Non-Performing Loan (NPL) Ratio
LAR Achievement of Loan to Asset Ratio (LAR)
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
PEFINDO Ranking PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Reporting Ensuring internal and external reporting complies with applicable regulations
IT Security Project Ensuring IT Security Project implementation complies with the Bank's Business Plan
(RBB)
IT Development Planning and implementing future IT programs to develop the bank's operations and
business to remain competitive
J-Connect User Increasing the number of J-Connect users
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KPI OF DIRECTOR OF MICRO, RETAIL & SHARIA BUSINESS
No Perspective KRA Description
1 FINANCIAL Retail & SBU TPF Achievement of total Retail and Sharia Third-Party Funds in accordance with the
Bank’s Business Plan (RBB)
Micro Loan, Retail, Consumer, Achievement of Micro, Retail, Consumer, and Sharia financing distribution in
SBU accordance with prudent banking principles (sound, selective, and prudent)
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of the CAR Ratio
NIM Achievement of the NIM Ratio
CASA Achievement of the CASA Ratio
LDR Achievement of the LDR Ratio
Coverage Ratio Achievement of the Coverage Ratio
BOPO Achievement of the BOPO Ratio
NPL Achievement of the NPL Ratio
LAR Achievement of the LAR Ratio
2 NON FINANCIAL Service Excellence Ranking Achievement of service excellence ranking (Best Overall Performance Service
Excellence), with a minimum of 2nd ranked by MRI for the Regional Development Bank
(BPD) category
PEFINDO Rating Achievement of a Long-Term Rating of idA+ from PEFINDO
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
KPI OF DIRECTOR OF MEDIUM, CORPORATE & NETWORK BUSINESS
No Perspective KRA Description
1 FINANCIAL Institutional TPF Achievement of total Institutional Third-Party Funds in accordance with the Bank’s
Business Plan (RBB)
Medium & Corporate Loans Achievement of Commercial and Corporate Credit disbursement in accordance with
prudent banking principles (sound, selective, and prudent)
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of the CAR Ratio
NIM Achievement of the CAR Ratio
CASA Achievement of the CASA Ratio
LDR Achievement of the LDR Ratio
Coverage Ratio Achievement of the Coverage Ratio
BOPO Achievement of the BOPO Ratio
NPL Achievement of the NPL Ratio
LAR Achievement of the LAR Ratio
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No Perspective KRA Description
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Cooperation with Maintaining strong relationships and expanding cooperation with counterparties
Counterparties
KPI OF DIRECTOR OF COMPLIANCE
No Perspective KRA Description
1 FINANCIAL Total TPF Achievement of total Institutional Third-Party Funds in accordance with the Bank’s
Business Plan (RBB)
Total Loan Achievement of Commercial and Corporate Credit disbursement in accordance with
prudent banking principles (sound, selective, and prudent)
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Laba Bersih Achievement of Net Profit
CAR Achievement of Capital Adequacy Ratio (CAR)
NIM Achievement of Net Interest Margin (NIM) Ratio
CASA Achievement of CASA Ratio
LDR Achievement of Loan to Deposit Ratio (LDR)
Coverage Ratio Achievement of Coverage Ratio
BOPO Achievement of BOPO
NPL Achievement of NPL Ratio
LAR Achievement of LAR Ratio
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Number of Fraud Cases Zero Fraud
Sanction/Fine Zero Fines
Legal Cases resolution of the total legal cases
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KPI OF DIRECTOR OF RISK MANAGEMENT
No Perspective KRA Description
1 FINANCIAL Total TPF Achievement of total Institutional Third-Party Funds in accordance with the Bank’s
Business Plan (RBB)
Total Credits Achievement of loan disbursement in accordance with prudent banking principles
(sound, selective, and prudent)
Total Assets Achievement of Total Assets in accordance with the Bank’s Business Plan (RBB)
Net Profit Achievement of Net Profit
CAR Achievement of the CAR Ratio
NIM Achievement of the NIM Ratio
LDR Achievement of the LDR Ratio
Coverage Ratio Achievement of the Coverage Ratio
BOPO Achievement of the BOPO Ratio
NPL Achievement of the NPL Ratio
LAR Achievement of the LAR Ratio
2 NON FINANCIAL Service Excellence Ranking The service standard rating position (Best Overall Performance Service Excellent) is
at least 2nd position in Best Overall Performance Service Excellent from MRI for the
Regional Development Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Customer Satisfaction Results of Customer Satisfaction Survey by an Independent Party
Audit Findings Monitoring of audit findings (Internal & External) is completed on time
Bank Soundness Level (BSL) The minimum level of Bank Health is Composite Rating 2 and the Risk Profile
assessment is at the risk predicate "Low to Moderate"
GCG Consistent implementation of GCG in accordance with OJK regulations and prevailing
laws and regulations, with a minimum rating of “Good” (Composite Rating 2)
Number of Fraud Cases Zero Fraud
Auction/GS/Warns Execution of auctions/ GS/ issuance of warns
THE PARTY CONDUCTING THE ASSESSMENT
The performance evaluation of the Board of Directors was carried out by the Board of Commissioners and the GMS.
Board of Commissioners Performance Assessment
PERFORMANCE ASSESSMENT OF THE BOARD OF COMMISSIONERS
Assessment of the performance of the Board of Commissioners was carried out through the following procedures or mechanisms:
1. Performance Assessment of the Board of Commissioners by the GMS.
The Board of Commissioners’ Performance Assessment was carried out by the Shareholders at the Annual General Meeting of
Shareholders (GMS) when submitting the Report on the Board of Commissioners’ supervisory duties to the GMS in the Company’s
annual report.
2. Assessment of the performance of the Board of Commissioners through the preparation of a Self Assessment
Assessment of the performance of the Board of Commissioners of Bank Jatim was carried out by means of a self-assessment
which is determined by considering the duties and obligations in accordance with the Company’s Articles of Association and
applicable laws and regulations, as well as the Board of Commissioners work program which has been prepared and stipulated by
the Board of Commissioners.
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The policies and procedures for implementing the performance appraisal of the Board of Commissioners of Bank Jatim were
determined and agreed upon by the Board of Commissioners at the Board of Commissioners’ meeting. The Board of Commissioners
performance assessment policy has been stipulated in Decree Number 063/03/51/DKM/KEP dated March 28, 2024 concerning the
Standard Operating Procedure (SOP) for the Work Manual for the Board of Commissioners of PT Bank Pembangunan Daerah Jawa
Timur Tbk.
BOARD OF COMMISSIONERS PERFORMANCE EVALUATION CRITERIA
The criteria that will be used in the assessment/evaluation of the Board of Commissioners’ performance (self-assessment) include:
No. Perspective Aspect
1 Complience Perspective Passive supervision (Mandatory)
2 Internal Procces Perspective Active Supervision of Board of Commissioners
3 Financial Perspective Company Financial Performance Assessment
4 Learning & Growth Perspective Competency Development of Board of Commissioners
PARTIES THAT DO THE ASSESSMENT
The Board of Commissioners’ performance assessment process is carried out every semester and discussed in the Board of
Commissioners’ Internal Meeting by observing the achievement of each of the assessment indicators.
In addition, the Board of Commissioners is also responsible for its performance to Shareholders in the GMS based on the obligations
stated in the prevailing laws and regulations. The Board of Commissioners will be held accountable for their performance in the 2025
period in the Annual GMS to be held in 2026.
HASIL PENILAIAN KINERJA DEWAN KOMISARIS
Weight Final
No Perspective Aspect Indicator Target Realization Value
(%) score
1 Complience Passive Review and response 4 conducted regularly, Review and response 1 4,0
Perspective supervision to Bank Business Plan a maximum of every to the Bank's Business
(Mandatory) (RBB) semester (twice in a Plan has been
year) conducted by the Board
of Commissioners
through the Board
of Commissioners
Committee in line with
the provisions
Preparation of Bank 4 Conducted every The preparation of 1 4,0
Business Plan (RBB) semester (no later than the Bank Business
Supervision Report 2 months after the Plan Supervision
semester ends) Report (RBB) has been
conducted by the Board
of Commissioners
through the Board
of Commissioners
Committee in line with
the provisions.
Review of Internal 3 Conducted according Review of Internal 1 3,0
Audit Report and to regulations and Audit Results Reports
follow-up of external on time according and follow-up of
audit results to targets. (every external audit results
semester) have been conducted in
line with the provisions
Implementation of 2,5 Conducted according The Governance Self 1 2,5
Governance Self to regulations and Assessment has been
Assessment. on time, according to conducted in line with
targets. the provisions.
(every semester)
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Weight Final
No Perspective Aspect Indicator Target Realization Value
(%) score
Review of Risk Profile 2,5 Conducted according Review of Risk Profile 1 2,5
Report, Compliance to regulations and Report, Compliance
Function, and Bank on time, according to Function, and Bank
Soundness Level targets. Soundness Level has
(every semester). been conducted in line
with the provisions
Review and 3 Conducted no later Review of the Board of 1 3,0
approval of Board than 15 (fifteen) Directors' policies has
of Directors policies working days after been conducted in line
that require Board being received with the targets.
of Commissioners by the Board of
approval (Corporate Commissioners.
Actions, Credit
Policies, Capital, Risk
Management Strategy,
remuneration, etc.)
Appointment of Public 3 Recommendations of Recommendation for 1 3,0
Accounting Firm the Public Accounting appointing a KAP has
for the Company’s Firm (KAP) that will been conducted in line
Financial Statements audit the company's with regulations and
financial statements provisions.
in line with regulations
and provisions.
Review of the 2,5 Providing The remuneration 1 2,5
remuneration recommendations structure for the Board
structure for the Board regarding the of Commissioners and
of Commissioners and remuneration structure Directors is reviewed
Directors for the Board of periodically in line with
Commissioners and the provisions.
Directors in line with
the provisions (at least
every semester)
Implementation 2,5 Availability of the Has been fulfilled, the 1 2,5
of the Company’s Company's Nomination policy regarding the
Nomination Policy policy in line with the Company's Nomination
provisions is available.
Review of 4 conducted regularly, Review of the 1 4,0
strategic plan and a maximum of every implementation of the
IT Governance semester (2x a year) Strategic Plan and IT
implementation Governance has been
conducted in line with
the provisions
Review of the 4 conducted regularly, Review of the 1 4,0
implementation report a maximum of every implementation of the
of the Bank’s recovery semester (2x a year) Bank's recovery plan
plan and resolution and resolution plan has
plan been conducted in line
with the provisions
Sub Total 35 35,0
2 Internal Active Super- Implementation 3 The Board of The Board of 1 3,0
Procces vision of the of the Board of Commissioners' Work Commissioners' Work
Perspective Board of Com- Commissioners’ Work Plan and Budget are Plan and Budget were
missioners Plan and Budget implemented according approved on time and
to the established according to the set
timetable and targets. targets.
Number of Meetings 8 Internal meetings Internal meetings 1 8,0
of the Board of of the Board of
Commissioners are Commissioners in
held at least 12 times a 2025 were conducted
year (6 meetings per every month.
semester)
8 The Board of The Board of 1 8,0
Commissioners and Commissioners and
Board of Directors Board of Directors
meetings are held at conducted 11 meetings
least 6 times a year during 2025.
(3 meetings each
semester)
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Weight Final
No Perspective Aspect Indicator Target Realization Value
(%) score
Review of Bank’s 10 Conducted at Review of the Bank’s 1 10,0
Business & Financial every Board of Business & Financial
Performance Report Commissioners and Performance
(periodic monitoring Board of Directors Report in 2025 was
of bank performance) meeting, as targeted, conducted in 11 Board
every two months (6 of Commissioners &
times a year / 3 times Directors Meetings.
per semester).
Participating in 8 Participate in Implementation 1 8,0
branch/business branch/business of branch/work
unit performance unit performance unit performance
evaluation activities evaluation activities or evaluation and branch
and branch visits visit branches at least 3 visits in order to carry
in order to conduct times a year out supervisory and
supervisory and coaching functions was
coaching functions. conducted 4 times.
Ensuring the follow-up 8 Monitoring the Monitoring process 1 8,0
on recommendations follow-up of the Board has been conducted
from the Board of of Commissioners’ according to target.
Commissioners by the recommendations to
Board of Directors the Board of Directors
is carried out every
month, a maximum
of 5 days before the
Board of Directors
and Commissioners
Meeting in the
following month..
Sub Total 45 45,00
3 Financial Company BALANCE SHEET TARGET REALIZATION
Perspective Financial
Performance Profitability (%)
Assessment
(December - Net profit 2,5 1.538 1.546 100,52 2,51
2024
Position) - Return on Asset 2,5 2,08% 1,62% 84,19 2,10
(ROA)
Liquidity -
- Third-party funds 2,5 85.777 78.607 92 2,29
(DPK)
- LDR 2,5 85,27% 85,39% 100,14 2,50
Credit -
- Credit Expansion 2,5 73.138 64.576,00 88,29 2,21
- NPL 2,5 2,95% 3,88% 69,02 1,73
Sub Total 15 13,35
4 Learning Board of Competency 5 Minimum of 3 times in The implementation 1 5
& Growth Commissioners development a year of the Board of
Perspective Competency programs (workshops, Commissioners
Development seminars, conferences, Workshop/Seminar in
etc.) 2025 was conducted
according to target.
Sub Total 5 5,00
TOTAL 100 98,35
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Performance Assessment of The Committee Under The Board of Commissioners and The Basis of The
Assessment
In order to increase the role of the Board of Commissioners in carrying out the supervisory function, the Board of Commissioners
is assisted by 3 (three) committees namely the Audit Committee, the Remuneration and Nomination Committee, and the Risk
Monitoring Committee. The procedure for evaluating the performance of the Committees under the Board of Commissioners
periodically (annually) evaluated the effectiveness of the performance of the Committees under the Board of Commissioners.
The evaluation criteria for the Committees under the Board of Commissioners were based on the Key Performance Indicators that
had been set for each Committee under the Board of Commissioners. KPI Committees under the Board of Commissioners consist
of 3 (three) aspects, namely Active Supervision, Passive Supervision and Competency Development. The Board of Commissioners
considers that during 2025 the Committees have carried out their duties and responsibilities quite effectively and worked
independently and provided useful input/ recommendations for the Board of Commissioners. The achievements of each KPI
Committee were as follows.
Audit Committee Key Performance Indicator Achievement
Weight Final
No Aspect Indicator Target Realization Value
(%) Score
1 Passive Evaluation of the Results Conducted according to Evaluation of the Results of 1 5 5
Surveillance of the Annual Historical regulations and on time the Annual Historical Financial
Financial General Audit according to targets. (at General Audit of a Public
of Public Accounting least once a year) Accounting Firm (KAP)has
Firms (KAP) been conducted in line with the
provisions
Review of Internal Audit Conducted quarterly Review of Internal Audit & 1 7,5 7,5
& External Audit Results (four times in a year) External Audit Result Reports
has been conducted in line with
provisions and on time
Evaluation of the Follow- Conducted according to Evaluation of the Follow-up 1 7,5 7,5
up of Special Audit & regulations and on time, of Special Audit & Fraud from
Fraud from Internal Audit according to targets. Internal Audit Division was
Division (at least once a year) carried out in line with the
established regulations and
targets.
Evaluation of the Audit Conducted according to has been conducted according 1 5 5
Plan from the Internal regulations and on time, to the provisions and on time
Audit Division for according to targets. according to the target
Approval of the Audit (at least once in a year)
Plan Implementation
Review of financial Conducted quarterly Review of financial information 0,5 10 5
performance (four times in a year) projections and other reports
achievements and related to financial information
other reports related to has been conducted in line with
financial information the provisions.
Providing Conducted according to Recommendations to the Board 1 10 10
recommendations to the regulations and on time, of Commissioners regarding the
Board of Commissioners according to targets. appointment of an Accountant
regarding the (at least once in a year) based on independence, scope
appointment of AP/KAP of assignment, and service fees
based on independence, have been conducted in line with
scope of assignment, and the provisions
service fees.
Monitoring the Held every semester Monitoring the implementation 1 5 5
implementation of the (twice in a year) of the Anti-Fraud Strategy (AFF)
Anti-Fraud Strategy and Gratification Control has
(SAF) and Gratification been conducted in line with the
Control established targets.
Monitoring and Conducted according to Monitoring process and 1 5 5
Evaluation of the regulations and on time, evaluation of the implementation
implementation of the according to targets. of the Internal Audit Unit (SKAI)
Internal Audit Unit (SKAI) (at least once a year) duties has been conducted in line
duties with the provisions
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Weight Final
No Aspect Indicator Target Realization Value
(%) Score
Preparing an annual Conducted according to The Audit Committee has 1 5 5
report on the regulations and on time, prepared an annual report on
implementation of the according to targets. the implementation of the Audit
Audit Committee’s (at least once a year) Committee’s activities in the
activities in the Annual Annual Report in line with the
Report provisions.
SUB TOTAL 60 55
2 Active Surveillance Audit Committee Conducted at least once The Audit Committee Meeting 1 15 15
Meeting a month (12 times a year) was held 17 times during 2025.
Coordination Meeting Conducted at least once The Audit Committee 1 10 10
with Related Business every 3 months Coordination Meeting with
Units Related Business Units was held
8 times during 2025.
Visiting and At least once in a month Implementation of visits to 1 10 10
communicating directly branch offices in order to carry
with the Board of out supervisory functions in
Directors, including 2025 was held 4 times, as
employees, and the well as conducting visits and
Internal Audit Unit, Risk communicating directly with
Management Division, the Board of Directors, SEVP,
AMK Division, General including employees, and
Division and External the Internal Audit Unit, Risk
Parties (Accountants) Management Division, AMK
regarding the duties and Division, MAP Division, General
responsibilities of the Division and External Parties
Audit Committee. (Accountants) regarding the
duties and responsibilities of the
Audit Committee are running
effectively.
SUB TOTAL 35 35
3 Competency Self-competency Conducted according to Self-competency development 1 2,5 2,5
Development development by regulations (once a year) by updating the understanding of
updating understanding external and internal regulations
of external and internal has been conducted in line with
regulations the target.
Competency Conducted according The Audit Committee’s 1 2,5 2,5
development programs to the provision competency development
(workshops, seminars, (twice in a year) program (workshops, seminars,
training, certification, training, certification, etc.) was
etc.) implemented four times in 2025.
SUB TOTAL 5 5
TOTAL 100 95
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Achievement of Key Performance Indicators of the Remuneration and Nomination Committee
Weight Final
No Aspect Indicator Target Realization Value
(%) Score
1 Passive Conducting evaluations Developing a timetable has been conducted according to 1 10 10
Surveillance and providing and implement the the set targets
recommendations nomination process
regarding the System for Bank Management
and Procedures for within the required
the Selection and/ timeframe.
or Replacement of
Members of the Board
of Commissioners and
Members of the Board
of Directors to be
submitted to the GMS.
Conducting evaluations Preparing policies and has been conducted according to 1 10 10
and providing nomination criteria the set targets
recommendations for Bank Management
regarding the criteria candidates according to
and qualifications the specified time.
required in the
nomination process
for the Board of
Commissioners and
Directors in line with the
Bank's strategic plan.
Assisting in the Conducting has been conducted according to 1 10 10
evaluations of the performance the set targets
Company's Management evaluations of the
performance Company's Management
at least twice in a year
(every semester)
Evaluating and Conducting reviews and has been conducted according to 1 10 10
recommending qualified providing proposals the set targets
candidates as members for candidates for
of the Board of Directors the Company's
and/or members of the Management who meet
Board of Commissioners the requirements to the
to the Board of Board of Commissioners
Commissioners to be according to the
submitted to the GMS established timetable.
Developing the Conducted at least once has been conducted according to 1 7,5 7,5
structure and policies in a year the set targets
for the remuneration
of the Company's
Management (Board
of Commissioners and
Directors)
Preparing the amount Conducted at least once has been conducted according to 1 7,5 7,5
of remuneration for a year the set targets
members of the Board
of Directors and/or
members of the Board
of Commissioners
Monitoring and Conducted at least twice has been conducted according to 0,5 5 2,5
evaluating the in a year the set targets
development and
management of human
capital
SUB TOTAL 60 58
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Weight Final
No Aspect Indicator Target Realization Value
(%) Score
2 Active Surveillance Remuneration and Conducted minimum The Remuneration and 1 10 10
Nomination Committee once every three Nomination Committee Meeting
Meeting months (quarterly) was held 11 times during 2025.
Coordination Meeting As needed (at least The Coordination Meeting of 1 10 10
with Related Business twice in a year) Remuneration and Nomination
Units Committee with Related Business
Units was held 9 times during
2025.
Visiting and At least once every Visits to branch offices and 1 15 15
communicating directly three months communication with the Board
with the Board of (quarterly) of Directors, SEVPs, including
Directors, including employees, and related
employees, and related Divisions/Business Units in
Business Units in order to carry out the functions,
order to carry out the duties and responsibilities of
functions, duties and the Remuneration & Nomination
responsibilities of Committee in 2025 have been
the Remuneration & conducted effectively.
Nomination Committee.
SUB TOTAL 35 35
3 Competency Self-competency At least once in a year Self-competency development 1 2,5 3
Development development by by updating the understanding of
updating understanding external and internal regulations
of external and internal has been conducted in line with
regulations the target.
Competency Conducted at least once has been conducted according to 1 2,5 3
development programs a year the set targets
(workshops, seminars,
training, certification,
etc.)
SUB TOTAL 5 5
TOTAL 100 98
Achievement of Key Performance Indicators of the Risk Monitoring Committee
Weight Final
No Aspect Indicator Target Realization Value
(%) Score
1 Passive Monitoring Monitoring and Conducted quarterly Monitoring and evaluation of 0,75 5 3,75
evaluation of Bank Risk (four times in a year) Bank Risk Profile (PRB) has
Profile (PRB) been conducted in line with the
provisions
Monitoring and Conducted quarterly Monitoring and Evaluation of 1 5 5
Evaluation of Quarterly (four times in a year) Quarterly Achievement of Bank
Achievement of Bank Soundness Level, Risk Profile
Soundness Level, Risk Monitoring and Evaluation,
Profile Monitoring and Profitability in RBB Financial
Evaluation, Profitability Report & Capital Resilience have
in RBB Financial Report been conducted in line with the
& Capital Resilience provisions
Evaluation of the Conducted every Evaluation of the suitability 0,5 5 2,5
suitability between quarterly (twice in between the Risk Management
the Risk Management a year) Policy (KMR) and the
Policy (RMP) and the implementation of Bank policies
implementation of Bank has been conducted in line with
policies the provisions.
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Weight Final
No Aspect Indicator Target Realization Value
(%) Score
Monitoring and Conducted every Monitoring and evaluation 1 5 5
evaluation of the quarterly (twice in a of the implementation of the
implementation of year) duties of the Risk Management
the duties of the Risk Business Unit (SKMR) and the
Management Business Risk Management Committee
Unit (SKMR) and the (Komenko) have been conducted
Risk Management in line with the provisions.
Committee (Komenko)
Monitoring and Conducted according to Monitoring and evaluation of the 1 5 5
evaluation of regulations and on time contingency plan in the Business
contingency plans in according to targets. (at Continuity Management System
the Business Continuity least once a year) (BCMS) was not implemented in
Management System 2024.
(BCMS)
Monitoring and Conducted quarterly Monitoring and evaluation of 1 5 5
evaluation of the (twice in a year) the implementation of Good
implementation of Good Corporate Governance (GCG)
Corporate Governance principles have been conducted
(GCG) principles in line with the provisions
Monitoring of large Conducted quarterly Monitoring of large exposure 1 5 5
exposure debtors above (twice in a year) debtors above IDR100 billion in
IDR100 billion 2024 were conducted in line with
the provisions
Opinions on credit or Conducted at least once Opinions on credit or financing 1,25 5 6,25
financing applications in a year applications in the large exposure
in the large exposure category, and approval of
category and approval credit or financing applications
of credit or financing to Related Parties have been
applications to Related conducted in line with the
Parties provisions
Supervision of the Conducted quarterly Supervision of the compliance 0 5 0
compliance function (twice in a year) function and reviewing the
and review of the Compliance function report
Compliance function and the implementation of the
report and the Compliance Director's duties
implementation of the have not been implemented
Compliance Director's optimally
duties.
Monitoring and Conducted at least once Evaluating, directing, and 1 5 5
Evaluation of the in a year monitoring the Information
Information Technology Technology Strategic Plan and
Strategic Plan (RSTI) Bank policies related to the use
and Bank policies of Information Technology have
related to the use of been conducted in line with the
Information Technology provisions.
Review of Corporate Conducted at least once Review of Corplan, RSTI, and 1 5 5
plan and Bank Business in a year RBB before approval by the
Plan (RBB) before Board of Commissioners has
approval by the Board of been conducted in line with the
Commissioners provisions
The Company Manual Conducted at least once The Company Manual Review 1 2,5 2,5
Review includes: in a year includes:
• Changes to the Credit • Changes to the Credit or
or Financing Product Financing Product Policy (KPA
Policy (KPA PAP) PAP)
The Company Manual Conducted at least once The Company Manual Review 1 2,5 2,5
Review includes: in a year includes:
• Changes to the • Changes to the Board of
Board of Directors’ Directors’ Standard Operating
Standard Operating Procedures (SOPs)
Procedures (SOPs)
SUB TOTAL 60 53
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07 Governance
Weight Final
No Aspect Indicator Target Realization Value
(%) Score
2 Active Monitoring Risk Monitoring Conducted at least once The Risk Monitoring Committee 1 15 15
Committee Meeting in a month (12 times a Meeting was held 14 times during
year) 2025.
Coordination Meeting Conducted at least once The Risk Monitoring Committee 1 10 10
with Business Units in 3 months Coordination Meeting was held
Regarding Bank's nine (9) times during 2025.
Strategic Issues
Visiting and At least once in a month Implementation of visits to 1 10 10
communicating directly Branch Offices in order to carry
with the Board of out monitoring functions in 2025
Directors, including was conducted as many as four
employees, and (4) times, as well as conducting
related business units visits and communicating directly
in order to carry out with the Board of Directors,
the functions, duties including employees, and
and responsibilities of Business Units Related to the
the Risk Monitoring duties and responsibilities of
Committee. the Risk Monitoring Committee
running effectively
SUB TOTAL 35 35
3 Competency Self-competency Conducted according to Self-competency development 1 2,5 2,5
Development development by the provisions (once in by updating the understanding of
updating understanding a year) external and internal regulations
of external and internal has been conducted in line with
regulations the target.
Competency Conducted according The Risk Monitoring Committee's 1 2,5 2,5
development programs to provisions (twice in competency development
(workshops, seminars, a year) program (workshops, seminars,
training, certification, training, certification, etc.) was
etc.) implemented four (4) times in
2025.
SUB TOTAL 5 5
TOTAL 100 93
Mechanism of Termination and Withdrawal of The Board of Commissioners
The mechanism for dismissal and resignation of the Board of Commissioners based on the Articles of Association are as follows:
1. Members of the Board of Commissioners are appointed and terminated by the GMS.
a. Member of the Board of Commissioners may submit a request to resign from his/her position by notifying in writing of this
purpose to the Controlling Shareholders of the Company.
b. The company is obliged to hold a GMS to decide on the resignation application as referred to in letter a, no later than 90
(ninety) days after the resignation letter is received.
c. Before the resignation becomes effective, the relevant members of the Board of Commissioners are still obliged to complete
their duties and responsibilities in accordance with the articles of association and laws and regulations.
2. The position of a member of the Board of Commissioners ends if:
a. Lossing Indonesian Citizenship.
b. Resignation with due observance of the provisions of paragraph (11) of Article 11 of the Articles of Association
c. No longer meets statutory requirements.
d. Passed away.
e. The term of office has ended.
f. Was dismissed based on the resolution of the GMS.
g. Was declared bankrupt or placed under pardon based on a court decision.
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Sharia Supervisory Board The GMS may consider other conditions in fulfilling the position
of members of the Sharia Supervisory Board, including when
The Sharia Supervisory Board (DPS) has the duty and authority a member whose term of office has expired has not yet been
to provide advice and advice to the Board of Directors, oversee replaced by the GMS, in which case the concerned member may
the sharia aspects of the operational activities of the Sharia continue to exercise the same authority until a replacement is
Business Unit (UUS) at the National Sharia Council - Indonesian appointed by the GMS, taking into account the regulations of
Ulema Council. the Financial Services Authority and prevailing provisions.
Duties and Responsibilities of The Sharia Members of the Sharia Supervisory Board who have served
Supervisory Board for 2 (two) consecutive terms may be reappointed for the
subsequent term as members of the Sharia Supervisory Board
The duties and responsibilities of the Sharia Supervisory Board by considering:
as stipulated in the articles of association include, among - Performance evaluation results of the Sharia Supervisory
others: Board members;
1. The Sharia Supervisory Board is required to carry out its - Results of external reviews on the implementation of duties
duties, authorities, and responsibilities in the interest of of the Sharia Supervisory Board members; and
the Bank in good faith. - Statement of independence of the Sharia Supervisory
2. The Sharia Supervisory Board receives and exercises the Board members in the GMS.
authority delegated and/or granted to it in accordance with
prevailing laws and regulations, the Articles of Association, Requirements for Sharia Supervisory Board
and/or GMS resolutions. Members
3. The Sharia Supervisory Board is required to submit
reports on its supervisory results to the Financial Services Members of the Sharia Supervisory Board must meet the
Authority on a semi-annual basis. following requirements :
4. The Sharia Supervisory Board is required to oversee a. Integrity
the follow-up actions of the Board of Directors on audit Members of the Sharia Supervisory Board must meet
findings or examinations and recommendations from integrity requirements, including:
the Bank’s internal audit work unit, external auditors, — having the legal capacity to perform legal acts in
supervisory results of the Financial Services Authority accordance with the Civil Code;
(OJK), and/or other authorities and institutions, related to — possessing good character and morals, at a minimum
the implementation of Sharia Principles. demonstrated by compliance with prevailing
5. The Sharia Supervisory Board is tasked with supervising, regulations, including never having been convicted
in the interest of the Bank, the policies and management of a criminal offense within a certain period prior to
conducted by the Board of Directors to ensure compliance nomination.
with Sharia Principles and is responsible for such - has a commitment to comply with prevailing laws and
supervision, as well as providing advice to the Board of regulations and to support policies of the Financial
Directors, including providing sharia opinions on the Bank’s Services Authority (OJK).
activities. - has a commitment to the development of sound Islamic
6. The Sharia Supervisory Board is required to oversee banking practices; and
the follow-up actions of the Board of Directors on audit - is not a party prohibited from becoming a Main
findings or examinations and recommendations from Party, including not being listed in the Failed List (a
the Bank’s internal audit work unit, external auditors, list maintained by the Financial Services Authority
supervisory results of the Financial Services Authority containing parties prohibited from becoming
(OJK), and/or other authorities and institutions, related to shareholders, controlling shareholders, members
the implementation of Sharia Principles. of the Board of Directors, members of the Board of
Commissioners, members of the Sharia Supervisory
Term of Office of The Sharia Supervisory Board Board, and Executive Officers in banking institutions, in
accordance with regulations governing fit and proper
The term of office of members of the Sharia Supervisory Board tests).
is a maximum of 4 (four) years from the date determined in the b. Competence
GMS of appointment and ends at the closing of the 4th (fourth) Prospective members of the Sharia Supervisory Board
Annual GMS following the date of appointment or at the closing must meet competency requirements, including:
of the GMS at the end of 1 (one) term of office, and may be - knowledge and experience in the field of sharia
reappointed for a second term, subject to the regulations of the muamalah; and
Financial Services Authority (OJK) and prevailing provisions, - knowledge in banking or general financial knowledge.
and provided that they are deemed capable of performing their
functions properly, without prejudice to the right of the GMS to
dismiss them at any time.
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07 Governance
c. Financial Reputation
Prospective members of the Sharia Supervisory Board must meet financial reputation requirements, including
- not having non-performing loans and/or financing; and
- never having been declared bankrupt and/or having been a shareholder, member of the board of directors, or member of
the board of commissioners found guilty of causing a company to be declared bankrupt within the last 5 (five) years prior to
nomination.
In addition to meeting the requirements of integrity, competence, and financial reputation as mentioned above, prospective members
of the Sharia Supervisory Board must also meet requirements related to ownership and management/governance of the Bank as
stipulated in prevailing laws and regulations.
Guidelines and Working Procedures of the Sharia Supervisory Board
In carrying out its duties, the Sharia Supervisory Board is guided by the Company’s Articles of Association which regulate the
Requirements for the Sharia Supervisory Board, Duties and Responsibilities, and Term of Office.
Composition and Basis for Appointment of The Sharia Supervisory Board
The Company is required to have members of the Sharia Supervisory Board consisting of at least 3 (three) persons and at most 50%
(fifty percent) of the total number of members of the Board of Directors. The Sharia Supervisory Board must be chaired by a chairman
selected from among its members. If deemed necessary, another member of the Sharia Supervisory Board may be appointed as vice
chairman of the Sharia Supervisory Board.
Effective
Name Position Executor Basis of Appointment
Date
• Annual GMS for the fiscal year 2018 dated April 26, 2019 (first) February 28,
Afifuddin Muhajir Chairman OJK
• Annual GMS for the fiscal year 2022 dated April 12, 2023 (second) 2020
Sukadiono* Member OJK Annual GMS for the fiscal year 2022 dated April 12, 2023 March 25, 2024
Mohammad Nasih** Member - Annual GMS for the fiscal year 2024 dated May 22, 2025 -
Tamhid Masyhudi** Member - Annual GMS for the fiscal year 2024 dated May 22, 2025 -
Notes :
* dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025
** effective upon obtaining a recommendation from the National Sharia Council of the Indonesian Ulama Council and after passing the Fit and Proper Test conducted by the
Financial Services Authority (OJK)
Information regarding the term of office of the Sharia Supervisory Board is presented in each profile of the Sharia Supervisory Board
in this Annual Report.
Training and/or Enhancement of The Competency of The Board of Sharia Supervisory Board Members
Types of Training and Competency Time and Place of
Name Position Organizer
Development/Training Materials Implementation
Jakarta, September 5, Lembaga Sertifikasi Profesi
Sharia Training Competency Certification
2025 Majelis Ulama Indonesia
Jakarta, September Dewan Syariah Nasional –
Afifuddin Muhajir Chairman Pre-Ijtima Sanawi Workshop
24-25, 2025 Majalis Ulama Indonesia
Jakarta, September Dewan Syariah Nasional –
Ijtima Sanawi
26-27, 2025 Majalis Ulama Indonesia
Sukadiono* Member - - -
Basic Training on Muamalah Maliyah and July 10, 2025 DSN MUI
Mohammad Nasih** Member
DSN-MUI Fatwas
Basic Training on Muamalah Maliyah and July 10, 2025 DSN MUI
Tamhid Masyhudi** Member
DSN-MUI Fatwas
Notes :
* dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025
** effective upon obtaining a recommendation from the National Sharia Council of the Indonesian Ulama Council and after passing the Fit and Proper Test conducted by the
Financial Services Authority (OJK)
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Annual Report
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Orientation Program for New Sharia Supervisory Board
The Orientation Program is very important to be implemented for DPS who are taking office for the first time. Provisions regarding
the mandatory Orientation program regarding the Company’s activities. The orientation program that is given can be in the form
of participantss, meetings or visits to the Company’s facilities, introductions to Division Leaders, Groups and employees of the
Company and other programs. During the fiscal year 2025, there were 2 (two) appointments of members of the Sharia Supervisory
Board which will become effective upon obtaining a recommendation from the National Sharia Council of the Indonesian Ulama
Council and after passing the Fit and Proper Test conducted by the Financial Services Authority (OJK).
Concurrent Position of Sharia Supervisory Board
Table of Concurrent Positions of Sharia Supervisory Board
Position in Other Companies/
Name Position Name of Other Company/Institution
Agencies
Salafiyah Syafi'iyah Sukorejo Islamic Boarding School
Afifuddin Muhajir Chairman Chairman
Foundation, 2010 - Present
Chairman Regional Leadership of Muhammadiyah East Java, 2022–Present
Sukadiono* Member
Deputy for the Coordination of Coordinating Ministry for Human Development and Cultural
Health Quality Improvement Affairs, 2025 - Present
Mohammad Nasih** Member
Tamhid Masyhudi** Member
Notes :
* dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025
** effective upon obtaining a recommendation from the National Sharia Council of the Indonesian Ulama Council and after passing the Fit and Proper Test conducted by the
Financial Services Authority (OJK)
Affiliation Relationships
Information regarding the Affiliated Relationships of the Sharia Supervisory Board is presented in the Profile Chapter of this Annual
Report.
Ownership of Sharia Supervisory Board
Table of Sharia Supervisory Board’ Share Ownership
Share Ownership
Name Position
Other Non-Bank Financial Other
Bank Jatim
Banks Institutions Companies
Afifuddin Muhajir Chairman Nil Nil Nil Nil
Sukadiono* Member Nil Nil Nil Nil
Mohammad Nasih** Member Nil Nil Nil Nil
Tamhid Masyhudi** Member Nil Nil Nil Nil
Notes :
* dismissed at the Annual GMS for the financial year 2024 on May 22, 2025
** effective upon obtaining a recommendation from the National Sharia Council of the Indonesian Ulama Council and after passing the Fit and Proper Test conducted by the
Financial Services Authority (OJK)
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07 Governance
Meeting of Sharia Supervisory Board
Internal Meeting of Sharia Supervisory Board
Throughout 2025, the agenda, dates and participants of the Sharia Supervisory Board Meeting were as follows.
No. Date Agenda Participant
Afifuddin Muhajir
1 January 31, 2025 Evaluation of the Sharia Business Unit Performance for December 2024
Sukadiono*
1. Evaluation of the Sharia Business Unit Performance for January 2025 Afifuddin Muhajir
2 February 28, 2025
2. Preparation for the Annual GMS for the fiscal year 2024 Sukadiono*
1. Evaluation of the Sharia Business Unit Performance for February 2025 Afifuddin Muhajir
3 March 20, 2025
2. Presentation of Internal Audit Monitoring Sukadiono*
1. Evaluation of the Sharia Business Unit Performance for March 2025
Afifuddin Muhajir
4 April 28, 2025 2. Amendments to the Articles of Association of Bank Jatim
Sukadiono*
3. Standard Operating Procedure of the Sharia Supervisory Board
Afifuddin Muhajir
5 May 26, 2025 Financial Performance of the Sharia Business Unit for April 2025
1. Dissemination of the Sharia Supervisory Board SOP & Decree on the Establishment of
Sharia Compliance Function, Sharia Risk Management & Sharia Internal Audit
Afifuddin Muhajir
6 June 25, 2025 2. Implementation of Sharia Governance in the context of applying the Sharia Compliance
Function
3. Financial Performance of the Sharia Business Unit for May 2025
1. Financial Performance of the Sharia Business Unit for June 2025 Afifuddin Muhajir
7 July 25, 2025
2. Follow-up of the Sharia Supervisory Board Meeting for the First Semester of 2025
Afifuddin Muhajir
8 August 29, 2025 Financial Performance of the Sharia Business Unit of Bank Jatim for July 2025
Afifuddin Muhajir
9 September 24, 2025 Financial Performance of the Sharia Business Unit of Bank Jatim for August 2025
1. Submission of the Implementation Report of Risk Management of the Sharia Business
Unit for the First Semester of 2025 Afifuddin Muhajir
10 October 31, 2025
2. Financial Performance of the Sharia Business Unit of Bank Jatim for September 2025
3. Others (Dual Banking Leveraging Model of Bank Jatim)
Afifuddin Muhajir
11 November 28, 2025 Financial Performance of the Sharia Business Unit of Bank Jatim for October 2025
1. Financial Performance of the Sharia Business Unit of Bank Jatim for November 2025 Afifuddin Muhajir
12 December 19, 2025
2. Work Program of the Sharia Supervisory Board for 2025 & 2026
Notes :
* dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025
Table of Meetings of the Sharia Supervisory Board with the Board of Commissioners and the Board of Directors
No. Date Agenda Participant
1. Bank Jatim Financial Performance for December 2024
Afifuddin Muhajir
1 January 22, 2025 2. Results of Governance Self-Assessment for December 2025
Sukadiono*
3. Plan for the Implementation of the Continuous Public Offering of Bond
2 May 27, 2025 Bank Jatim Financial Performance for April 2025 Afifuddin Muhajir
Afifuddin Muhajir
3 September 18, 2025 Presentation of Financial Performance for July and August 2025
Notes :
* dismissed at the Annual GMS for the fiscal year 2024 on May 22, 2025
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Meeting Frequency and Participants
During 2025, the Sharia Supervisory Board has held 12 (twelve) internal meetings. The frequency and attendance of each member of
the Sharia Supervisory Board can be seen in the table below.
Tabel Frekuensi dan Kehadiran Rapat Dewan Pengawas Syariah
Sharia Supervisory Board Meeting
Nama Position Number and Percentage of Attendance
Number of Meetings Number of Attendance Percentage
Afifuddin Muhajir Chairman 15 15 100%
Sukadiono* Member 5 15 100%
Mohammad Nasih** Member - - -
Tamhid Masyhudi** Member - - -
Notes :
* Dismissed at the Annual General Meeting of Shareholders (AGMS) for Financial Year 2024 on 22 May 2025.
** Effective after obtaining a recommendation from the National Sharia Council – Majelis Ulama Indonesia and after passing the Fit and Proper Test conducted by the
Financial Services Authority (OJK).
Frequency and Method of Providing Advice as Sharia Supervisory Board Performance
well as Supervision of Compliance with Sharia Assessment
Principles in the Capital Market to Issuers or
Public Companies Procedure for Implementation of Performance
Assessment of the Sharia Supervisory Board
Advice and suggestions are given on several occasions. One of
them is when the Sharia Supervisory Board (DPS) meeting is Performance appraisal is carried out by self assessment and
also attended by management. Throughout 2025, the Sharia submitted to the Board of Commissioners and the GMS.
Supervisory Board issued 11 (Eleven) Opinions. The Sharia
Supervisory Board has carried out its duties by supervising Sharia Supervisory Board Performance Assessment
the fulfillment of Bank Jatim’s Sharia Principles and issuing Criteria
opinions including:
1. Opinion on Sharia Priority Services The Sharia Supervisory Board performance assessment is
2. Opinion on KUB Biller Sharing with Bank NTB Syariah (East based on the implementation of the Sharia Supervisory Board
Java Land and Building Tax Payment) duties in 2025. The implementation of the Sharia Supervisory
3. Opinion on JConnect Edu Service (E-Learning Application) Board duties can be seen from the number of meetings held
4. Opinion on New JConnect Mobile Service and the opinions and recommendations that have been issued.
5. Opinion on Indonesia Credit Card / Indonesia Financing
Card The party conducting the assessment
6. Update of Opinion on Jatim SNAP API Service
7. Update of Opinion on the Development of Top-Up Feature The Sharia Supervisory Board conducted a self-assessment
for Jatim E-Money of its performance for 2025 and submitted the results to the
8. Update of Opinion on Cashback Provision Board of Commissioners and the GMS.
9. Opinion on Addendum of Sharia Contract
10. Opinion on Financing Debtors Results of the Performance Assessment of the Sharia
11. Opinion on the Recovery Plan Supervisory Board
During 2025, the Sharia Supervisory Board has carried out
its role properly. By holding 15 (Fifteen) meetings and issuing
opinions or recommendations related to the Sharia Business
Unit activities.
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Nomination and Remuneration of the Board of Commissioners and Board of Directors
Board of Commissioners and Board of Directors Nomination Procedures
In the nomination process for the Board of Commissioners and the Board of Directors of Bank Jatim, policies related to the selection/
replacement of members of the Board of Commissioners and Directors had been formulated, namely the System and Procedure for
the Selection and/or Substitution of Members of the Board of Commissioners and Directors. This policy was prepared and adjusted
based on regulations related to the Company including OJK Regulation No. 33/ POJK.04/2014 concerning the Board of Directors
and Board of Commissioners of Issuers or Public Companies and other related regulations regarding procedures for selecting/
replacing members of the Board of Commissioners/Directors.
The purpose of formulating this policy on the selection and/or replacement of members of the Board of Commissioners and the Board
of Directors was to serve as a guide in the process of selecting/replacing members of the Board of Commissioners in accordance
with applicable regulations, as well as to ensure the implementation of good corporate governance in every process of nomination/
election of members of the Board of Directors Commissioner.
The Remuneration and Nomination Committee has assisted the Board of Commissioners in the Board of Directors succession
program in accordance with applicable policies. The Board of Directors-1 (BoD-1) talent pool, consisting of Echelon 1 employees
participating in the JLPD 1 career development program, was determined through the Human Capital Management Committee, which
was attended by the Board of Directors and Senior Executive Vice President (SEVP) responsible for Human Capital.
The nomination/election process for the Board of Commissioners and the Board of Directors was proposed to the GMS by considering
the recommendations from the Remuneration and Nomination Committee. The stages of the nominations included the following:
1. Announcement of acceptance of vacancies for candidates for members of the Board of Commissioners and/or Directors.
2. Administrative selection.
3. Implementation of the assessment by the appointed Independent institution.
4. Evaluation of assessment results.
5. Final interview by the Selection Committee.
6. Implementation of the Fit and Proper Test by the Financial Services Authority.
7. Appointment of selected candidates at the GMS.
Remuneration Determination Procedure
The stages in determining the remuneration of the management can be described as follows:
Stage
1 The Remuneration and Nomination Committee evaluates the remuneration
policy in coordination with the Division in charge of Human Resources.
Stage
The Remuneration and Nomination Committee submits the results of the
2 remuneration evaluation to the Board of Commissioners.
Stage The Board of Commissioners submits proposals and recommendations for
3 remuneration for management to the General Meeting of Shareholders
(GMS).
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Proposals and recommendations from the Board of Commissioners to the General Meeting of Shareholders (GMS) can be in the form
of:
1. Approval of the structure, scale, form and amount of remuneration; or
2. Giving power to the Board of Commissioners to determine the structure, scale, form and amount of remuneration.
Remuneration Structure of the Board of Commissioners and Board of Directors
Remuneration Structure for Members of the Board of Commissioners and the Board of Directors Remuneration for the Board of
Commissioners and Directors is provided with due observance to the prevailing remuneration provisions, namely in the form of:
1. Remuneration is permanent in nature, is remuneration that is not related to performance and risks, including salaries/ honoraria,
housing allowances, communication allowances, holiday allowances, annual leave pay, health facilities, other allowances that are
comparable to this.
2. Variable remuneration is remuneration related to performance and risks, including production services, performance bonuses,
bonuses or other forms that can be equated with the above. Remuneration in the form of bonuses is given in cash and shares or
share instruments issued by Bank Jatim.
Table of Remuneration Structure for the Board of Commissioners and Directors
Description
No Type of Income
BOARD OF COMMISSIONERS BOARD OF DIRECTORS
1. Honorarium • President Commissioner: 55% of the President • President Director: 100%
Director’s honorarium • Director: 80% of the President Director
• Commissioner: 90% of the President • Vice President Director: 90% of the President
Commissioner’s honorarium Director’s honorarium.
2. Allowance • Religious Holiday Allowance • Religious Holiday Allowance
• Housing Allowance provided monthly if not • Housing Allowance provided monthly if not
occupying official residence occupying official residence
• Annual Leave Allowance: 1 (one) time the • Annual Leave Allowance: 1 (one) time the
honorarium honorarium
• Communication Allowance provided in lump sum • Communication Allowance provided in lump sum
monthly monthly
• Post-Employment Award of 38 (thirty-eight) times • Post-Employment Award of 48 (forty-eight) times
the honorarium the honorarium
3. Facility • Official vehicle facility through the Car Ownership • Official vehicle facility through the Car Ownership
Program (COP) Program (COP)
• Inpatient and outpatient healthcare facilities • Inpatient and outpatient healthcare facilities
in accordance with internal regulation No. in accordance with internal regulation No.
063/03/06/DKM/KEP dated February 7, 2024 063/03/06/DKM/KEP dated February 7, 2024
• Legal assistance facilities in accordance with • Legal assistance facilities in accordance with
company regulations company regulations
4. Bonus & Tantiem • Bonus provided in cash • Bonus provided in cash
• Tantiem provided in cash and in the form of shares • Tantiem provided in cash and in the form of shares
issued by Bank Jatim. issued by Bank Jatim.
Indicator Remuneration Determination for The Board of Directors and The Board of Commissioners
The Bank determines the remuneration of the Board of Directors and the Board of Commissioners by taking into account the
business scale, business complexity, peer group benchmarking, inflation, the Company’s condition and financial capability, long-term
corporate performance, as well as prevailing laws and regulations.
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Total Nominal Amount / Remuneration Components for Each Member of The Board of Directors and
The Board of Commissioners
Table of Nominal Amount of Remuneration for the Board of Commissioners and Directors
Amount Received
Number of Remuneration Board of Commissioners Board of Directors
and Other Facilities
Total Total
Total Person Total Person
in (IDR) MIllion in (IDR) MIllion
Remuneration
Honorarium 5 3.831 7 7.979
Housing Allowance 5 1.469 7 1.715
Communication Allowance 5 547 7 626
Tantiem 5 4.454 7 8.670
Other Facilities In Kind
Housing (cannot be owned) - - - -
COP Program Transport (can be 3 1.242 5 3100
owned)
Health (cannot be owned) - - - -
Total Remuneration In 1 Year
Above IDR 2 billion 2 6.866 3 14.578
Above IDR 1 billion to 2 billion 1 1.882 4 4.412
Above IDR 500 million to 1 billion 2 1.553 - -
IDR 500 million and below 2 6.866 3 14.578
Policies on Diversity of Board of Commissioners and Board of Directors
The diversity of the composition of the Board of Commissioners and Directors as stipulated in the Appendix of the Circular Letter of
Financial Services Authority No. 32/SEOJK.04/2015 concerning Governance Guidelines for Public Company has been accommodated
in the Bank’s Articles of Association. The appointment of the Board of Commissioners and Board of Directors is carried out by taking
into account the experience and understanding of the banking industry, the integrity and dedication of each individual.
The composition of members of the Board of Commissioners and Board of Directors of Bank Jatim that is appropriate and in
accordance with the needs of the Bank will support the effectiveness of carrying out the duties and responsibilities of the Board of
Commissioners and Directors and support the achievement of the Bank’s vision and mission to continue to grow and develop.
Diversity factors in the composition of the members of Board of Commissioners and Board of Directors include:
1. The expertise/experience of the Board of Commissioners, has at least:
a. 1 (one) member who has expertise/work experience in the field of economics/business /finance, and/or
b. 1 (one) member who has expertise/work experience in the banking industry, and
c. 1 (one) member who has expertise/work experience in the field of risk management.
2. Nationality
Members of the Board of Commissioners and Board of Directors are Indonesian citizens.
3. Gender
Currently all members of the Board of Commissioners of Bank Jatim are Male. Meanwhile, 4 (four) members of the Board of
Directors are male and 1 (one) member of the Board of Directors is female.
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4. Age
Members of the Board of Commissioners and Board of Directors have a variety of ages.
5. Independence
Board of Commissioners
a. Minimum 50% (fifty percent) of the members of the Board of Commissioners are Independent Commissioners.
b. The term of office of an Independent Commissioner is a maximum of 4 (four) years, and can be reappointed with due regard
to applicable regulations.
Board of Directors
In accordance with OJK Regulation No. 46/POJK.03/2017 Concerning the Implementation of Compliance Functions of
Commercial Banks, Bank Jatim has a Director who is in charge of the Compliance Function, namely the Compliance Director and
Risk Management as a Director who meets the independence requirements.
Diversity Composition of the Board of Directors
Table of Diversity in the Composition of the Board of Directors
Work
Name Position Age Gender Education Expertise
Experience
Busrul Iman1 President Director 61 years Male • Bachelor’s Degree in Extensive Management,
old Accounting (Economics) experience in the Accounting
• Master’s Degree in banking sector
Management
• Professional Certification in
Accounting
• Doctorate in Human
Resource Development
Management
Winardi Legowo2 President Director 57 years Male Bachelor’s Degree in Experience in the Economics
old Economics banking sector
Edi Masrianto1 Finance, Treasury, and 61 years Male • Bachelor’s Degree in Experience in the Management
Global Services Director old Management (Economics) banking sector
• Master’s Degree in
Agribusiness Management
R. Arief Vice President Director 55 years Male • Bachelor’s Degree in Experience in the Management
Wicaksono3 old Industrial Technology banking sector
• Master’s Degree in
Management
Zulhelfi Abidin1 IT, Digital and Operation 63 years Male • Bachelor’s Degree in Experience in the Information
Director old Informatics banking sector Technology
• Master’s Degree in
Computer Science
Eko Susetyono1 Risk Management 60 years Male • Bachelor’s Degree in Food Experience in the Risk
Director old Technology and Nutrition banking sector management,
• Master’s Degree in finance, asset
Corporate Finance and and liability
Investment management
• Doctorate in Management
and Business
Arif Suhirman Medium, Corporate 59 years Male • Bachelor’s Degree in Experience in the Management,
Business, and Network old Accounting (Economics) banking sector Accounting
Director • Master’s Degree in
Management and Business
Umi Rodiyah Compliance Director 59 years Female Bachelor’s Degree in Public Experience in the Public
old Administration banking sector Administration
Tonny Prasetyo2 Micro, Retail and Sharia 56 Years Male • Bachelor’s Degree in Experience in the Management
Business Director old Agriculture banking sector
• Master’s Degree in
Management
PT Bank Pembangunan Daerah Jawa Timur Tbk 465
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Work
Name Position Age Gender Education Expertise
Experience
RM Finance, Treasury, and 53 Years Male • Bachelor’s Degree in Civil Experience in the Management
Wahyukusumo Global Services Director old Engineering banking sector
Wisnubroto2 • Master’s Degree in
Management
Wiweko IT, Digital & Operation 57 Years Male • Bachelor’s Degree in Experience in the Business and
Probojakti2 Director old Business and Economics banking sector Economics,
• Master’s Degree in Management
Management
1
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
2
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025
3
Prior to the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025, served as Director of Micro, Retail & Commercial. Following the said Annual
General Meeting of Shareholders, appointed as Vice President Director, with such appointment becoming effective pursuant to the Decree of the Members of the Board of
Commissioners of the Financial Services Authority Number KEPR-185/D.03/2025 dated October 16, 2025.
Composition Diversity of the Board of Commissioners
Table of Diversity in the Composition of the Board of Commissioners
Work
Name Position Age Gender Education Expertise
Experience
Independent President 58 Years Bachelor’s Degree in Experience in the
Adi Sulistyowati1) Female Banking
Commissioner old Management (Economics) banking sector
• Bachelor’s Degree in Social
Welfare
Experience in
54 Years • Master’s Degree in Public Political
Adhy Karyono Commissioner Male the government
old Administration (Human Administration
sector
Resource Management for
Public Sector)
• Bachelor’s Degree in Public
Administration Administration,
Experience in the
Independent 61 Years • Master’s Degree in Management,
Muhammad Male government and
Commissioner old Management International
Mas’ud education sectors
• Doctorate in International Politics
Politics
• Bachelor’s Degree in
Experience in
Dadang Independent 63 Years Accounting
Male the banking and Banking
Setiabudi Commissioner old • Master’s Degree in
education sectors
Agribusiness Management
Independent 65 Years Bachelor’s Degree in Business Experience in the
Sumaryono2) Male Banking
Commissioner old Administration banking sector
• Bachelor’s Degree in Law
• Master’s Degree in Law Experience in
Asri Agung Independent 61 Years
Male • Doctorate in Law the government Legal Studies
Putra3) Commissioner old
• Master’s Degree in Law sector
• Doctorate in Legal Studies
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on 22 May 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on 22 May 2025, and effective as of the Decree of the Members of the Board of
Commissioners of the Financial Services Authority dated October 29, 2025.
466 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Transparency of Share Ownership of Directors and Board of Commissioners
Share Ownership of Board of Directors Members
All members of the Board of Directors do not hold any share ownership in Bank Jatim, other banks, non-bank financial institutions,
or other companies exceeding 5%.
Share Ownership (sheet)
Name Position Non-Bank
Other
Bank Jatim Other Banks Financial
Companies
Institutions
Busrul Iman1 President Director 4.079.300 - - -
Winardi Legowo2 President Director - - - -
Finance, Treasury, and Global Services 863.900 - - -
Edi Masrianto1
Director
R. Arief Wicaksono3 Vice President Director 1.858.600 - - -
Zulhelfi Abidin1 IT, Digital and Operation Director 447.800 - - -
Eko Susetyono1 Risk Management Director 546.800 - - -
Medium, Corporate Business, and 1.183.400 - - -
Arif Suhirman
Network Director
Umi Rodiyah Compliance Director 1.138.300 - - -
Tonny Prasetyo 2
Micro, Retail & Sharia Business Director - - - -
RM Wahyukusumo Finance, Treasury & Global Services - - - -
Wisnubroto2 Director
Wiweko Probojakti2 IT, Digital and Operation Director - - - -
1
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
2
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025
3
Prior to the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025, served as Director of Micro, Retail & Commercial. Following the said Annual
General Meeting of Shareholders, appointed as Vice President Director, with such appointment becoming effective pursuant to the Decree of the Members of the Board of
Commissioners of the Financial Services Authority Number KEPR-185/D.03/2025 dated October 16, 2025.
Share ownership of members of the Board of Commissioners
All members of the Board of Commissioners do not hold any share ownership in Bank Jatim, other banks, non-bank financial
institutions, or other companies exceeding 5%.
Share Ownership (sheet)
Name Position Non-Bank
Other
Bank Jatim Other Banks Financial
Companies
Institutions
Adi Sulistyowati1) Independent President Commissioner - - - -
Adhy Karyono Commissioner 249.200 - - -
Muhammad Mas’ud Independent Commissioner - - - -
Dadang Setiabudi Independent Commissioner - - - -
Sumaryono 2)
Independent Commissioner - - - -
Asri Agung Putra3) Independent Commissioner - - - -
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
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Share Ownership Transactions of The Board of Directors and Board of Commissioners
The Policy on Disclosure of Information on Share Ownership of the Board of Commissioners and Directors has been regulated in the
Guidelines for Implementing Investor Relations Corporate Secretary Chapter IV, namely as follows:
• Ownership Report or Any Change in Public Company Share Ownership
Reporting of members of the Board of Directors or members of the Board of Commissioners on ownership and any changes in
ownership of the shares of the Public Company, either directly or indirectly, and any Party that owned shares, either directly or
indirectly, should be at least 5% (five percent) of the paidup capital in the Public Company. Reporting obligations for parties who
owned at least 5% (five percent) could be applied to changes in ownership of at least 0.5% (zero point five percent) in 1 (one) or
several transactions. The report had to be submitted no later than 10 (ten) days from the occurrence of ownership or change in
ownership of the shares of the Public Company.
Meanwhile, the submission of information by the Board of Directors/Board of Commissioners applied to each change of ownership.
Reports to the Public Company shall be made no later than 3 (three) working days after the ownership or change in ownership
of shares occured. Reports carried out independently had to be submitted no later than 10 (ten) days from the occurrence of
ownership or change in ownership of the shares of the Public Company. Reporting obligations could also be carried out by other
parties (in this case the Corporate Secretary) through written power of attorney. Submission of a report through a proxy had to
be made no later than 5 (five) days after the change in share ownership occured and had to be accompanied by a copy of the
power of attorney based on the applicable regulations.
In 2025, the disclosure of Share Ownership Information for the Board of Commissioners and Directors was in accordance with the
applicable Implementation Guidelines. Purchase/sale of shares of the Board of Commissioners and Board of Directors in 2025 were
as follows.
Number of
Transaction Transaction Reporting Date
No Name Before After Transaction Price
date Purpose to OJK
Shares
February 28,
1 Busrul Iman* 3,651,300 4,079,300 428,000 460 Investasi March 3, 2025
2025
2 Edi Masrianto* 764,900 99,000 472 March 3, 2025 Investasi March 3, 2025
863,900
February 28,
3 Eko Susetyono* 466,800 100,000 464 Investasi March 3, 2025
546,800 2025
February 27,
4 Zulhelfi Abidin* 347,800 100,000 474 Investasi March 3, 2025
447,800 2025
5 Adhy Karyono 81,500 249,200 167,700 480 July 2, 2025 Program LTI July 16, 2025
472
952,300 1136300 184000 March 3, 2025 Investasi March 3, 2025
480
R Arief
6
Wicaksono 1,136,300 1,397,100 260,800 480 July 2, 2025 Program LTI July 16, 2025
December 16,
1,397,100 1,858,600 461,500 540 Investasi December 16, 2025
2025
508,500 422,500 472 March 3, 2025 Investasi March 3, 2025
931,000
7 Umi Rodiyah
931,000 207,300 480 July 2, 2025 Program LTI July 16, 2025
1,138,300
819,700 925,200 105,500 472 March 3, 2025 Investasi March 3, 2025
925,200 1,183,400 258,200 480 July 2, 2025 Program LTI July 16, 2025
8 Arif Suhirman
December 30,
1,183,400 1,644,900 461,500 540 Investasi December 30, 2025
2025
*Ceased to hold office upon the conclusion of the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
468 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Organs and Committees Under The Board of c. Make efforts to encourage the implementation of
Commissioners followup decisions on meetings/considerations,
opinions, suggestions and other decisions of the Board
In supervising the Company, the Board of Commissioners is of Commissioners to the person in charge.
assisted by the Secretariat of the Board of Commissioners 7. Report to the Company regarding the share ownership
and Committees under the Board of Commissioners. of members of the Board of Commissioners and/or their
Committees under the Board of Commissioners consist of families in the Company and other Companies.
the Audit Committee, the Risk Monitoring Committee and the 8. Prepare a report on the supervisory duties that have been
Remuneration and Nomination Committee. The organs and carried out by the Board of Commissioners during the
committees under the Board of Commissioners are described previous financial year to the GMS.
as follows. 9. Coordinate with the Committees of the Board of
Commissioners in preparing reports on the results of
Secretariat of Board of Commissioners supervision of the implementation of the Company’s
Business Plan every semester to OJK in accordance with
The Board of Commissioners of Bank Jatim in carrying out the prevailing laws and regulations.
their duties and responsibilities is assisted by a work unit called 10. Coordinate the drafting of the Board of Commissioners’
the Secretariat of the Board of Commissioners. The Group Annual Work Plan and Budget which is an integral part of
Secretariat of the Board of Commissioners of Bank Jatim is the Company’s Annual Work Plan and Budget prepared by
structurally under the Corporate Secretary. The Secretariat the Board of Directors.
Group of the Board of Commissioners is responsible to the 11. Coordinate the preparation of suggestions and opinions
Board of Commissioners to assist the Board of Commissioners regarding the agenda and materials of the GMS, including
in secretarial activities and in carrying out their duties. but not limited to:
a. Coordinating the agenda and materials with related
Duties and Responsibilities of The Secretariat of The parties.
Board of Commissioners b. Prepare materials that are the responsibility of the
Board of Commissioners, and provide opinions on the
1. Manage the agenda for the Board of Commissioners meeting material as a whole.
activities and be responsible for the implementation 12. Coordinate the participation of the Board of Commissioners
process, prepare meeting materials, compile meeting and Committees under the Board of Commissioners
minutes, and administer the Board of Commissioners in training/ seminars/other competency development
Meetings in an orderly manner, Committees Meetings activities in accordance with the respective areas of
under the Board of Commissioners, and Meetings of the supervision of the Board of Commissioners/ Committees.
Board of Commissioners inviting the Board of Directors. 13. Carry out other duties to support the smoothness of the
2. Coordinate with the Board of Directors and related work supervisory and advisory duties carried out by the Board of
units with regard to the activities and duties of the Board Commissioners.
of Commissioners.
3. Coordinate with related work units in preparing the The Implementation of The Secretariat of The Board
necessary materials in relation to the preparation of of Commissioners
reports involving the Board of Commissioners.
4. Prepare materials/materials that are needed in relation During 2024 the Secretariat of the Board of Commissioners
to matters that must obtain a decision from the Board of has carried out the following task:
Commissioners regarding the Company’s management 1. Prepare meeting materials, compile minutes of meetings,
activities carried out by the Board of Directors and all staff. and administer the Board of Commissioners Meetings in
5. Prepare considerations, opinions, suggestions and an orderly manner, Meetings of committees under the
other decisions from the Board of Commissioners for Board of Commissioners, and Meetings of the Board of
shareholders, the Board of Directors and parties related to Commissioners inviting the Directors.
the management of the Company. 2. Provide input and information to the Board of
6. Follow up every decision of the Board of Commissioners by: Commissioners on matters of concern to the Board of
a. Record every decision made in decision-making forums Commissioners, including, among others, the policies and
and the person in charge. strategies of the Board of Directors in achieving the Bank’s
b. Monitor and check the progress stages of the Business Plan.
implementation of the results of meeting decisions/ 3. Cooperate with the Committees under the Board of
considerations, opinions, suggestions and other Commissioners in fulfilling the obligations of the Board
decisions of the Board of Commissioners. of Commissioners, including reports from the Board of
Commissioners to the Regulator.
PT Bank Pembangunan Daerah Jawa Timur Tbk 469
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07 Governance
4. Coordinate the drafting of the Board of Commissioners’ financial reports, projections and other reports related to
Annual Work Plan and Budget and monitor the progress of the Bank’s financial information;
implementing the work plan on time. 5. Conducting a review of compliance with laws and
5. Coordinate the implementation of Work Visits for the Board regulations relating to the Bank’s activities;
of Commissioners and Committees under the Board of 6. Providing an independent opinion in the event of a
Commissioners, including administering the Visit Report. difference of opinion between management and the
6. Administer the correspondence of the Board of Accountant regarding the services provided;
Commissioners and committees under the Board of 7. Provide recommendations to the Board of Commissioners
Commissioners, including drafting the approval of the regarding the appointment and dismissal of Public
Board of Commissioners on matters proposed by the Accountants based on independence, scope of assignment,
Board of Directors to seek approval from the Board of and service fees;
Commissioners. 8. Conducting a review of the implementation of the audit by
7. Coordinate the participation of the Board of Commissioners the internal auditor and supervising the implementation of
and committees under the Board of Commissioners follow-up actions by the Board of Directors on the findings
in training/seminars/other competency development of the internal auditor;
activities in accordance with the respective areas of 9. Conducting a review of the implementation of the audit by
supervision of each Commissioner/Committee. external auditors and supervising the implementation of
8. Facilitate the implementation of the duties of the Board of follow-up actions by the Board of Directors on the findings
Commissioners and committees related to the nomination of external auditors (OJK, BPK, KAP, BI and BPKP);
process for the nomination of Bank Supervisory Candidates. 10. Reviewing complaints relating to the Bank’s accounting
9. Carry out other duties to support the smoothness of the and financial reporting processes;
supervisory and advisory duties carried out by the Board of 11. Maintaining the confidentiality of Bank documents, data
Commissioner. and information; and
12. Assisting the Board of Commissioners to:
Audit Committee a. Continuously improve the quality of implementation of
good corporate governance by applying the principles
Basic Establishment of The Audit Committee of transparency, accountability, responsibility,
independence and fairness, to strengthen the internal
The establishment of the Audit Committee is based on the conditions of national banking;
following rules: b. Encourage the implementation of good corporate
1. OJK Regulation No. 55/POJK.04/2015 concerning the governance, the formation of an adequate internal
Establishment and Guidelines for Implementing the Work control structure, improve the quality of transparency
of the Audit Committee, dated December 23, 2015. and financial reporting, and review the scope,
2. OJK Regulation No. 46 /POJK.03/2017 concerning determination of independence and objectivity of
Implementation of Compliance Function for Commercial public accountants;
Banks, dated July 12, 2017. c. Assess the adequacy of the Bank’s internal audit
3. OJK Regulation No. 39/POJK.03/2019 concerning the function, to assess all aspects of activities in line with
Implementation of Anti-Fraud Strategy for Commercial applicable laws and regulations; and
Banks, December 19, 2019. d. Assess the effectiveness of the implementation of the
4. OJK Regulation no 17 of 2023 concerning Implementation Bank’s internal audit tasks in creating a healthy Bank
of Governance for Commercial Banks, dated September 14, that is able to develop naturally.
2023.
5. The Company’s Articles of Association regarding the Duties Audit Committee Charter
and Authorities of the Board of Commissioners and its
amendments. The Audit Committee has a Work Guideline which is regulated
in the Charter/Standard Operating Procedure for the Work
Duties and Responsibilities of The Audit Committee Guidelines of the Board of Commissioners Committee Number
063/03/52/DKM/KEP dated March 28, 2024, which regulates:
In carrying out its functions, the Audit Committee has duties 1. Basic Principles
and responsibilities including: 2. Organization and Management
1. Monitoring and evaluating audit planning and 3. Committee Work Program and Performance Evaluation
implementation; 4. Committee Working Procedures
2. Monitoring of follow-up to audit results; 5. Committee Meeting
3. Monitoring and evaluating the implementation of the duties 6. Monitoring, Evaluation, and Follow-up of Recommendations
of the Internal Audit Business Unit (SKAI); 7. Documentation, Administration, and Reporting
4. Conducting a review of financial information that the
Bank will issue to the public and/or authorities, including
470 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Authority of Audit Committee
In carrying out their duties, the Audit Committee has the following authority:
1. Accessing the Bank’s documents, data, and information regarding to the employees, fund, assets, and the required company
resources.
2. Communicating directly to the employees, including the Board of Directors and parties performing the internal audit function,
risk management, and accountant in regard to the Audit Committee duties.
3. Involving independent parties outside the Audit Committee members necessary to help conduct their duties (if required).
4. Performing any other authority given by the Board of Commissioners.
Term of Office of the Audit Committee
The term of office of the Audit Committee shall not be longer than the term of office of the Board of Commissioners as stipulated in
the articles of association or internal provisions of the Bank, and may be reappointed for a certain term of office.
Structure, Membership, and Expertise of The Audit Committee
The structure, membership and expertise of the Audit Committee can be seen in the table below.
Structure, Membership and Expertise of the Audit Committee for the Period January 1, 2025 –August 12, 2025
Name Position Decree of Appointment Information Expertise
Independent
Sumaryono2) Chairman Economics
Commissioner
Independent
Muhammad Mas’ud Member Economics
Commissioner
Decree of the Board of Directors Number 063/063/DIR/
HCP/KEP concerning the Composition of the Board of Independent
Dadang Setabudi Member Economics
Commissioners’ Committees for the 2024 Period of PT Bank Commissioner
Pembangunan Daerah Jawa Timur Tbk
Kusnadi Member Independent Party Economics
Moch. Arifin Member Independent Party Legal
Structure, Membership and Expertise of the Audit Committee for the Period 12 August 2025 – 27 November 2025
Name Position Decree of Appointment Information Expertise
Independent
Dadang Setiabudi Chairman Economics
Commissioner
Independent
Muhammad Mas’ud Member Decree of the Board of Directors Number 064/064/DIR/ Economics
Commissioner
HCP/KEP concerning the Composition of the Board of
Commissioners’ Committees for the 2025 Period of PT Bank
Kusnadi Member Pembangunan Daerah Jawa Timur Tbk Independent Party Economics
Moch. Arifin Member Independent Party Legal
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Structure, Membership and Expertise of the Audit Committee for the Period 28 November 2025 – 31 December 2025
Name Position Decree of Appointment Information Expertise
Independent
Asri Agung Putra3) Chairman Legal
Commissioner
Independent
Adi Sulistyowati1) Member President Economics
Commissioner
Decree of the Board of Directors Number 064/065/DIR/
HCP/KEP concerning the Composition of the Board of Independent
Muhammad Mas’ud Member Economics
Commissioners’ Committees for the 2025 Period of PT Bank Commissioner
Pembangunan Daerah Jawa Timur Tbk
Independent
Dadang Setiabudi Member Economics
Commissioner
Kusnadi Member Independent Party Economics
Moch. Arifin Member Independent Party Legal
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority (Otoritas Jasa Keuangan) dated October 29, 2025.
Profile of Audit Committee
The profile of the Audit Committee as of December 31, 2025 is as follow.
Asri Agung Putra
Chairman of the Audit Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Adi Sulistyowati
Member of Audit Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Muhammad Mas’ud
Member of Audit Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Dadang Setiabudi
Member of Audit Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
472 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Kusnadi
Audit Committee Member (Independent Party)
Indonesian citizen, domiciled in Malang.
Born in Cianjur, June 18, 1966/Age 59 as of December 31, 2025.
Educational History • Bachelor of Accounting, Brawijaya University, Malang (1990)
• Master of Agribusiness, UGM Yogyakarta (2004)
Certifications • Risk Management Certification Level 2, 2006
• Bank Internal Audit Competency Certificate With Special Occupational Qualifications In BRI Audit Supervisor Work
(BRI Professional Certification Institute), 2021
• Risk Management Certification Level 5, 2024
Job History
Work Experience • Job Trainer, Muara Bungo Office (1990-1992)
• Staff I, Bitung Office (1992-1994)
• Staff II, Tegal Office (1994-1997)
• MLO, Cilegon Office (1997-1999)
• MLO, Jakarta Office, Roxi (1999-2002)
• Head of Pekalongan Wiradesa Assistant Branch (2002-2004)
• Head of BRI Luwuk Branch (2004-2006)
• Head of BRI Parepare Branch (2007-2009)
• Head of BRI Lubuk Pakam Branch (2009-2011)
• Head of BRI Nganjuk Branch (2011-2012)
• Head of BRI Jakarta Kota Branch (2012-2012)
• Special Staff (2012-2016)
• Head of Logistics Pekanbaru (2016-2019)
• GH AIW Bandung (2019-June 2022)
Legal Basis for Board of Directors Decree No. 061/200/DIR/HCP/KEP dated October 3, 2022
Appointment
Concurrent None
Positions
Period of Office Period I
Term of Office October 2022 - October 2026
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Moch. Arifin
Audit Committee Member (Independent Party)
Indonesian citizen, domiciled in Surabaya.
Born in Surabaya, February 2, 1971/54 years old as of December 31, 2025
Educational History Bachelor of Law, Bhayangkara University, Surabaya (1994)
Certifications • Minutes of the Oath Taking (BAPS)
• Advocate Card (KTA) of the Indonesian Advocates Association (PERADI)
• Risk Management Qualification 4, 2025
Job History
Work Experience • Advocate (1996 – Present)
• Legal Consultant PT Berlian Mandiri Perkasa, Surabaya (2001 – Present)
• Legal Consultant PT Java Green Transport, Sidoarjo (2009 – Present)
• Legal Consultant PT Multi Color Indonesia, Sidoarjo (2009 – Present)
• Legal Consultant PT Angkasa Raya, Surabaya (2009- Present)
• Legal Consultant Bank Yudha Bhakti (2005 – 2015)
• Chairman of the Supervisory Board of the Kediri City Rural Credit Bank, (2012 – 2018)
• Legal Consultant PT Perkebunan Nusantara IX, Surakarta (2014 – 2020)
• Expert Staff of the Legal Bureau of the Regional Secretariat of the East Java Provincial Government (2013 – Present)
Legal Basis for Board of Directors Decree No. 061/200/DIR/HCP/KEP dated October 3, 2022
Appointment
Concurrent • Legal Consultant PT Berlian Mandiri Perkasa, Surabaya (2001 – Present)
Positions • Legal Consultant PT Java Green Transport, Sidoarjo (2009 – Present)
• Legal Consultant PT Multi Color Indonesia, Sidoarjo (2009 – Present)
• Legal Consultant PT Angkasa Raya, Surabaya (2009- Present)
• Expert Staff of Legal Bureau of Regional Secretariat of East Java Provincial Government (2013 – Present)
Period of Office Period I
Term of Office October 2022 - October 2026
474 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2025
Qualification of Education and Experience of Audit Committee
Table of Audit Committee Education Qualification and Work Experience
Name Position Education Work Experience
• Bachelor’s Degree in Law
Experience in the government and legal
Asri Agung Putra2) Chairman • Master’s Degree in Law
sectors.
• Doctorate in Law
Experience, among others, in the banking
Adi Sulistyowati1) Member Bachelor’s Degree in Management (Economics)
sector
• Bachelor’s Degree in Public Administration
• Master’s Degree in Management Experience in the government and
Muhammad Mas’ud Member
• Doctorate in Political Science and International education sectors
Studies
• Bachelor’s Degree in Accounting Experience in the banking and education
Dadang Setiabudi Member
• Master’s Degree in Agribusiness Management sectors
• Bachelor’s Degree in Accounting
Kusnadi Member Experience in the banking sector
• Master’s Degree in Agribusiness
Experience, among others, in the legal and
Moch. Arifin Member Bachelor’s Degree in Law
banking sectors
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on 22 May 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025..
Audit Committee Independence
Table of Audit Committee Independence
Asri Agung Adi Muhammad Dadang Moch.
Independence Aspect
Putra2) Sulistyowati1) Mas’ud Setiabudi Kusnadi Arifin
Has no financial relationship with
the Board of Commissioners and
Directors
Has no management relationships
in the company, subsidiaries or
affiliated companies
Has no share ownership in the
company
Has no family relationship with
the Board of Commissioners,
Directors, and/or fellow members
of the Audit Committee
Not serving as a political
party administrator, official or
government official
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
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Audit Committee meeting
AUDIT COMMITTEE MEETING POLICY
The implementation and procedures for the Audit Committee meetings are as follows:
1. Meetings are held at least 1 (one) time in 1 (one) months according to the needs of the Bank.
2. Meetings can be held if attended by at least 51% of the total committee members, including 1 (one) Independent Commissioner
and Independent Party.
3. The meeting is chaired by the Chairman of the Audit Committee or a Member of the Audit Committee from an Independent
Commissioner if the Chairman of the Audit Committee is unable to attend.
4. Decisions of the Committee meetings are based on consensus deliberation. If there is no consensus deliberation, then the
decision is made based on the majority vote.
5. Committee meetings are recorded in the minutes of the meeting, including if there are dissenting opinions and the reasons for
the meeting participants for these differences. The minutes of the meeting are signed by all members of the Audit Committee
present and submitted to the Board of Commissioners.
6. Meetings can be held offline or online through digital media which allows the Audit Committee meeting participants to participate
in the meeting
AGENDA OF COMMITTEE AUDIT MEETING
Throughout 2025, the implementation date, Meeting Agenda and Meeting Participants of the Audit Committee are as follows.
Table of Meeting Agenda of the Audit Committee
No Meeting Date Meeting Agenda Meeting Participants
1 January 6, 2025 Proposal for the Replacement of the Vice President of Internal Audit in accordance with Sumaryono
the Board of Directors’ Letter No. 063/137/DIR.HCP/NOTA dated December 31, 2025 Muhammad Mas’ud
regarding the Proposal for the Replacement of the Vice President of Internal Audit. Dadang Setiabudi
Kusnadi
Moch. Arifin
2 January 21, Approval of the 2025 Internal Audit Division Audit Plan. Sumaryono
2025 Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
3 February 6, Continuous Public Offering of Bonds. Sumaryono
2025 Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
4 March 5, 2025 Progress Update on the Bank Jatim Syariah Case. Sumaryono
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
5 March 5, 2025 Progress Update on the BI Fast Case. Sumaryono
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
6 March 5, 2025 Progress Update on the Bank Jatim Jakarta Branch Case. Sumaryono
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
476 PT Bank Pembangunan Daerah Jawa Timur Tbk
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No Meeting Date Meeting Agenda Meeting Participants
7 April 25, 2025 Performance Evaluation of the Internal Audit Division for 2024. Sumaryono
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
8 May 27, 2025 Audit Committee Evaluation of the Consolidated Financial Statements for Fiscal Year Dadang Setiabudi
2024 by the Public Accounting Firm Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan Muhammad Mas’ud
& Rekan. Kusnadi
Moch. Arifin
9 June 13, 2025 1. Internal Audit performance achievements up to May 2025; and Dadang Setiabudi
2. Number of audit findings. Muhammad Mas’ud
Kusnadi
Moch. Arifin
10 July 16, 2025 1. Determination of Term of References (TOR); Dadang Setiabudi
2. Determination of Owner’s Estimate (HPS); and Muhammad Mas’ud
3. Reference Public Accounting Firms (KAP) to be included in the beauty contest Kusnadi
process. Moch. Arifin
11 August 22, 2025 Supervisory Report of the Board of Commissioners on the Implementation of the Bank Dadang Setiabudi
Business Plan (RBB) for the First Semester of 2025. Muhammad Mas’ud
Kusnadi
Moch. Arifin
12 September 17, 1. Asset and Liability Management conditions of Bank Jatim (liquidity conditions, pricing Dadang Setiabudi
2025 calculation, foreign exchange, earnings gap management, treasury FBI); Muhammad Mas’ud
2. Progress of implementation and plan for the Continuous Public Offering (PUB) of Kusnadi
Bonds; and Moch. Arifin
3. Profile and work plan of the Accounting and Financial Management Division.
13 October 27, Portfolio of the 20 Largest Non-Performing Debtors of Bank Jatim Dadang Setiabudi
2025 Adi Sulistyowati
Muhammad Mas’ud
Kusnadi
Moch. Arifin
14 November 3, 1. Results of Evaluation on Bidding Documents for the Procurement of Public Accounting Dadang Setiabudi
2025 Services (AP/KAP) in relation to the Audit of Financial Statements of PT Bank Adi Sulistyowati
Pembangunan Daerah Jawa Timur Tbk, including its Sharia Business Unit and KUB Muhammad Mas’ud
Bank for 2025. Asri Agung Putra
2. Audit Committee recommendations on the Public Accountant/Public Accounting Firm Kusnadi
(AP/KAP) Moch. Arifin
15 December 9, Completion of Internal and External Audit Findings for 2025 Asri Agung Putra
2025 Adi Sulistyowati
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
16 December 22, Audit Committee Recommendation on the 2025 Internal Audit Charter Asri Agung Putra
2025 Adi Sulistyowati
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
17 December 24, Progress on the Settlement of Off-Balance Sheet Loans, and Recovery of Credit/ Asri Agung Putra
2025 Financing Assets with Final and Binding Legal Status Adi Sulistyowati
Muhammad Mas’ud
Dadang Setiabudi
Kusnadi
Moch. Arifin
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FREQUENCY AND ATTENDANCE OF AUDIT COMMITTEE MEETINGS
During 2025, the Audit Committee held 17 (seventeen) meetings. The frequency and level of attendance of each member of the Audit
Committee are as follows.
Table of Attendance Level on Audit Committee Meeting
Audit Committee Meeting
Name Position Number and Attendance Percentage
Number of Meetings Number of Attandance Percentage
Dadang Setiabudi Chairman 17 17 100%
Muhammad Mas’ud Member 17 17 100%
Sumaryono 2)
Member 7 7 100%
Adi Sulistyowati 1)
Member 5 5 100%
Asri Agung Putra 3)
Member 4 4 100%
Kusnadi Member 17 17 100%
Moch. Arifin Member 17 17 100%
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
Training and/or Competency Improvement of The Audit Committee In 2025
Types of Training and Development Time and place
Name Position Organizer
Materials Competence/Training Implementation
Education and/or Competency Improvement can be seen in the Education and/or Competency
Asri Agung Putra3) Chairman
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/or Competency
Adi Sulistyowati1) Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/or Competency
Muhammad Mas’ud Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/or Competency
Dadang Setiabudi Member
Improvement section for the Board of Commissioners
National Seminar “Enhancing the Supervisory Malang, January 16-17,
FKDK – BPD SI
Role of the Board of Commissioners of BPDSI” 2025
Center for Risk
Public Training Implementasi Internal Control Jakarta, February 27 -
Management and
Kusnadi Member Over Financial Reporting (ICoFR) 28, 2025
Sustainability (CRMS)
National Seminar of the Indonesian Board
Surabaya, July 9-10,
of Commissioners Communication Forum FKDK – BPD SI
2025
“Roadmap for Strengthening BPD”
National Seminar “Enhancing the Supervisory Malang, January 16-17,
FKDK – BPDSI
Role of the Board of Commissioners of BPDSI” 2025
National Seminar of the Indonesian Board
Surabaya, July 9-10,
Moch. Arifin Member of Commissioners Communication Forum FKDK
2025
“Roadmap for Strengthening BPD”
Jakarta, August 23,
Banking Risk Management Certification BSMR
2025
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 16, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 29, 2025.
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Work Program and Implementation of Duties of The • Review of financial performance achievements and other
Audit Committee In 2025 relevant information in relation to the achievement of the
Bank Business Plan (RBB).
WORK PROGRAM
Quarter I BRIEF REPORT ON THE IMPLEMENTATION OF AUDIT
• Monitoring and evaluation of follow-up actions on General COMMITTEE ACTIVITIES
Audit findings from both internal and external parties.
• Monitoring and evaluation of follow-up actions on Special The Audit Committee has carried out its duties and
Audit and fraud cases conducted by the Internal Audit responsibilities properly as stipulated in the Audit Committee
Division. Charter and refers to OJK Regulation No. 55/POJK.04/2015,
• Review of financial performance achievements and other concerning the Establishment and Guidelines for the
relevant information in relation to the achievement of the Implementation of the Audit Committee’s Work, Standard
Bank Business Plan (RBB). Operating Procedure (SOP) for the Work Guidelines of the
• Monitoring the implementation of the Anti-Fraud Strategy Board of Commissioners Committee Number 063/03/52/
(SAF) and Gratification Control. DKM/KEP. The Audit Committee during the 2024 period held
• Monitoring and evaluating the implementation of the duties 17 (seventeen) meetings and carried out its duties including:
of the Internal Audit Work Unit (SKAI). 1. Implementation of follow-up reporting on a number of fraud
• Making an annual report on the implementation of the cases during 2025, and providing recommendations on
activities of the Audit Committee in the Annual Report. matters requiring approval of the Board of Commissioners,
including:
Quarter II a. Replacement of the Vice President of Internal Audit.
• Monitoring and evaluation of follow-up actions on General b. Audit Plan of the Internal Audit Division;
Audit findings from both internal and external parties. c. Report of the Board of Commissioners’ Supervision
• Monitoring and evaluation of follow-up actions on Special on the Implementation of the Bank Business Plan
Audit and fraud cases conducted by the Internal Audit (RBB) for the Second Semester of 2024 and the First
Division. Semester of 2025;
• Evaluation of General Annual Historical Financial Audit d. Report on the Evaluation Results of the Provision
Results from KAP (Public Accountant Office). of Audit Services on the annual historical financial
• Conducting reviews of financial performance achievements information of PT Bank Pembangunan Daerah Jawa
and other information in order to achieve the RBB. Timur Tbk for Fiscal Year 2024;
e. Providing recommendations to the Board of
Quarter III Commissioners regarding the appointment of a Public
• Evaluation of Follow-Up of General Audit Findings from Accountant (AP) and/or Public Accounting Firm (KAP)
Internal and External Parties. to audit the Annual Financial Statements of PT Bank
• Evaluation of Special Audit & Fraud Follow-up from the Pembangunan Daerah Jawa Timur Tbk, including its
Internal Audit Division. Sharia Business Unit and KUB Bank for 2025, based on
• Review of financial performance achievements and other independence, scope of engagement, and professional
relevant information in relation to the achievement of the fees; and
Bank Business Plan (RBB). f. Providing recommendations on the 2025 Internal
• Providing recommendations to the Board of Commissioners Audit Charter.
regarding the appointment of a Public Accountant (AP)
and/or Public Accounting Firm (KAP) to audit the Annual 2. Conducting coordination meetings with related divisions,
Financial Statements, based on independence, scope of including:
engagement, and professional fees. a. Internal Audit Division
• Monitoring the implementation of the Anti-Fraud Strategy • Progress updates on fraud cases of Bank Jatim
(SAF) and Gratification Control. Syariah;
• Progress updates on the BI Fast fraud case;
Quarter IV • Progress updates on fraud cases at Bank Jatim
• Monitoring and evaluation of follow-up actions on General Jakarta Branch;
Audit findings from both internal and external parties. • Performance evaluation of the Internal Audit
• Monitoring and evaluation of follow-up actions on Special Division for 2024;
Audit and fraud cases conducted by the Internal Audit • Evaluation of the implementation of audit services
Division. on the Consolidated Financial Statements for Fiscal
• Review of financial performance achievements and other Year 2024 by the Public Accountant (AP)/Public
relevant information in relation to the achievement of the Accounting Firm (KAP) Paul Hadiwinata, Hidajat,
Bank Business Plan (RBB). Arsono, Retno, Palilingan & Rekan;
• Evaluation and approval of the Audit Plan proposed by the • Internal Audit performance achievements for
Internal Audit Division. 2025;
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• Monitoring of the portfolio of the 20 largest non- e. Legal Division:
performing debtors of Bank Jatim; • Progress updates on fraud cases of Bank Jatim
• Results of evaluation of bidding documents for Syariah;
the procurement of Public Accounting services • Progress updates on the BI Fast fraud case;
(AP/KAP) in relation to the audit of the financial • Progress updates on fraud cases at Bank Jatim
statements of PT Bank Pembangunan Daerah Jawa Jakarta Branch; and
Timur Tbk, including its Sharia Business Unit and • Progress on the settlement of off-balance sheet
KUB Bank for 2025; loans and recovery of credit/financing assets with
• Audit Committee recommendations on AP/KAP; final and binding legal status
• Monitoring of the completion of outstanding f. Strategic Planning and Performance Management
internal and external audit findings; and Division
• Evaluation of the Audit Plan for the 2026 period. • Coordination on the evaluation of the Bank Business
b. Accounting and Financial Management Division: Plan (RBB) report for the second semester of 2024.
• Determination of the Terms of Reference (TOR) and • Coordination on the evaluation of the Bank
Owner’s Estimate (HPS) for the provision of financial Business Plan (RBB) report for the first semester
statement audit services of PT Bank Pembangunan of 2025.
Daerah Jawa Timur Tbk, including its Sharia Business g. Subsidiary Management Division
Unit and KUB Bank for 2025 by a Public Accountant • Determination of the Terms of Reference (TOR) and
(AP)/Public Accounting Firm (KAP); Owner’s Estimate (HPS) for the provision of financial
• Asset and Liability Management (ALM) conditions statement audit services of PT Bank Pembangunan
of Bank Jatim (liquidity conditions, pricing Daerah Jawa Timur Tbk, including its Sharia Business
calculations, foreign exchange, earnings gap Unit and KUB Bank for 2025 by a Public Accountant
management, and treasury FBI; and (AP)/Public Accounting Firm (KAP);
• Work plan of the Accounting and Financial • Results of evaluation of bidding documents for
Management Division. the procurement of Public Accounting services
• Results of evaluation of bidding documents for (AP/KAP) in relation to the audit of the financial
the procurement of Public Accounting services statements of PT Bank Pembangunan Daerah Jawa
(AP/KAP) in relation to the audit of the financial Timur Tbk, including its Sharia Business Unit and
statements of PT Bank Pembangunan Daerah Jawa KUB Bank for 2025; and
Timur Tbk, including its Sharia Business Unit and • Audit Committee recommendations on AP/KAP.
KUB Bank for 2025; and h. Treasury Division
• Audit Committee recommendations on AP/KAP. • Asset and Liability Management (ALM) conditions of
c. General Affairs Division: Bank Jatim (liquidity conditions, pricing calculations,
• Procurement process for annual financial statement foreign exchange, earnings gap management, and
audit services of PT Bank Pembangunan Daerah Jawa treasury FBI).
Timur Tbk, including its Sharia Business Unit and KUB • Progress of implementation and plan for the
Bank for 2025 by a Public Accountant (AP) and/or Continuous Public Offering (PUB) of Bonds.
Public Accounting Firm (KAP);
• Determination of the Terms of Reference (TOR) 3. Coordination with the Risk Monitoring Committee in order to:
and Owner’s Estimate (HPS) for the provision a. Conduct reviews and provide recommendations in the
of financial statement audit services of PT Bank Board of Commissioners’ Supervisory Report on the
Pembangunan Daerah Jawa Timur Tbk, including implementation of the Bank Business Plan (RBB) on a
its Sharia Business Unit and KUB Bank for 2025 by semester basis;
a Public Accountant (AP)/Public Accounting Firm b. Conduct reviews and provide recommendations on the
(KAP); and Recovery Plan of PT Bank Pembangunan Daerah Jawa
• Results of evaluation of bidding documents for Timur Tbk;
the procurement of Public Accounting services c. Monitor and evaluate the direction of the Bank’s
(AP/KAP) in relation to the audit of the financial transformation policies and strategies;
statements of PT Bank Pembangunan Daerah Jawa d. Evaluate the implementation of the Self-Assessment
Timur Tbk, including its Sharia Business Unit and Framework (SAF) in managing conflicts of interest,
KUB Bank for 2025; and controlling gratuities, ensuring transparency of
• Audit Committee recommendations on AP/KAP. financial and non-financial information, and aligning
d. Human Capital Division: the Bank’s strategic plan;
• Progress updates on fraud cases of Bank Jatim e. Review and provide assessment on amendments to the
Syariah; Board of Directors’ Standard Operating Procedures
• Progress updates on the BI Fast fraud case; and (SOP); and
• Progress updates on fraud cases at Bank Jatim f. Review and provide assessment on updates to the
Jakarta Branch. Credit or Financing Product Activity Policy (KPA PAP).
480 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Statement of the Audit Committee on the Board of Directors and/ or members of the Board of
Effectiveness of the Internal Control System Commissioners.
b. Assist the Board of Commissioners in evaluating
1. The Bank has established an adequate internal control performance in accordance with the remuneration
system that is effectively designed to support the received by each member of the Board of Directors
achievement of corporate objectives, including the and/ or members of the Board of Commissioners.
reliability of financial reporting, the effectiveness and c. In carrying out the remuneration function as referred to
efficiency of operations, and compliance with prevailing in point “a” above, the Remuneration and Nomination
laws and regulations. Committee must perform the procedure:
2. The internal control system encompasses the reliability of • Develop a remuneration structure for members
financial reporting, operational effectiveness and efficiency, of the Board of Directors and/or members of
safeguarding of assets, as well as compliance with regulatory the Board of Commissioners and the Sharia
requirements, including those of the Financial Services Supervisory Board, namely in the form of salary,
Authority, and other applicable laws and regulations. honorarium, incentives, fixed and/or variable
3. The internal control system has been consistently allowances;
implemented across all business units of the Company, • Develop and evaluate policies on remuneration
with continuous oversight by management to ensure its for members of the Board of Directors and/or
effective implementation. members of the Board of Commissioners and the
Sharia Supervisory Board; and
Remuneration and Nomination Committee • Develop the amount of remuneration for members
of the Board of Directors and/or members of the
Basis Establishment of The Remuneration and Board of Commissioners, as well as the Sharia
Nomination Committee Supervisory Board.
d. The preparation of the structure, policy and amount of
Members of the Remuneration and Nomination Committee are Remuneration must pay attention to:
based on the following regulations: • Remuneration applicable to the industry in
1. OJK Regulation No. 55/POJK.03/2016 concerning accordance with business activities and similar
Implementation of Governance for Commercial Banks. business scales in its industry (peer groups).
2. OJK Regulation No. 34/POJK.04/2014 concerning the • The duties, responsibilities and authority of
Nomination & Remuneration Committee of Issuers or members of the Board of Directors and/or members
Public Companies. of the Board of Commissioners are related to the
3. Articles of Association regarding the duties and authorities achievement of the objectives and performance of
of the Board of Commissioners and their amendments. the bank.
• Performance targets or the performance of each
Remuneration and Nomination Committee Charter member of the Board of Directors and/or members
of the Board of Commissioners.serta Dewan
The Remuneration and Nomination Committee has a Work Pengawas Syariah; and
Guideline which is regulated in the Charter/Standard Operating • A balance of benefits between those that are
Procedure (SOP) for the Work Guidelines of the Board of permanent and variable.
Commissioners Committee Number 063/03/52/DKM/KEP e. Assisting the Board of Commissioners in providing
dated March 28, 2024, which regulates: recommendations on the payroll/wage system,
1. Basic Principles provision of allowances and facilities for employees.
2. Organization and Management • Assisting the Board of Commissioners in providing
3. Committee Work Program and Performance Evaluation recommendations on the compensation system
4. Committee Working Procedures and other benefits for employees.
5. Committee Meeting • Ensuring that the remuneration policy is in
6. Monitoring, Evaluation, and Follow-up of Recommendations accordance with the provisions.
7. Documentation, Administration, and Reporting • Conducting periodic evaluations of the
implementation of the remuneration policy.
Duties and Responsibilities of The Remuneration and
Nomination Committee 2. Related to Nomination function
a. Provide recommendations to the Board of
1. Related to Remuneration function Commissioners regarding the composition of the
a. Provide recommendations to the Board of positions of members of the Board of Directors and/or
Commissioners regarding the structure, policies members of the Board of Commissioners.
and amount of Remuneration for members of the b. Provide recommendations to the Board of Commissioners
regarding the policies and criteria needed in the
Nomination process.
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07 Governance
c. Provide recommendations to the Board of Commissioners regarding performance evaluation policies for members of the Board of
Directors and/ or members of the Board of Commissioners.
d. Assist the Board of Commissioners in evaluating the performance of members of the Board of Directors and/ or members of the
Board of Commissioners based on benchmarks that have been prepared as evaluation material.
e. Provide recommendations to the Board of Commissioners regarding the capacity building program for members of the Board of
Directors and/or members of the Board of Commissioners.
f. Provide proposals for candidates who qualify as members of the Board of Directors and/or members of the Board of Commissioners
to the Board of Commissioners to be submitted to the GMS.
g. Provide recommendations regarding Independent Parties who will become members of the Audit Committee and members of the Risk
Monitoring Committee.
h. Assist the Board of Commissioners in compiling and analyzing dismissal criteria for the Board of Commissioners and Directors.
i. Assist the Board of Commissioners in monitoring the implementation and analysis of selection criteria and procedures for bank
executive candidates.
j. In carrying out the Nomination function, the Remuneration and Nomination Committee must carry out the following procedures:
• Compile the composition and process of nomination of members of the Board of Directors and/or members of the Board of
Commissioners.
• Formulate policies and criteria needed in the process of nominating candidates for members of the Board of Directors
and/or members of the Board of Commissioners.
• Assist in the evaluation of the performance of members of the Board of Directors and/or members of the Board of
Commissioners.
• Formulate a capacity building program for members of the Board of Directors and/or members of the Board of
Commissioners.
• Review and propose candidates who qualify as members of the Board of Directors and/or members of the Board of
Commissioners to the Board of Commissioners to be submitted to the GMS.
Authority of Remuneration and Nomination Committee
The Board of Commissioners authorizes the Remuneration and Nomination Committee within the scope of responsibility for:
1. Obtaining various information needed for the implementation of the Nomination and Remuneration function from various parties,
both internal and external to the bank.
2. Obtaining the advice or input needed in the context of the implementation of the Nomination and Remuneration function from
both internal and external parties of the bank.
Term of Office of the Remuneration and Nomination Committee
The term of office of the Remuneration and Nomination Committee shall not be longer than the term of office of the Board of Commissioners
as stipulated in the articles of association or internal provisions of the Bank, and may be reappointed for a certain term of office.
Structure, Membership and Expertise of The Remuneration and Nomination Committee
Structure, Membership and Expertise of the Remuneration and Nomination Committee for the Period 1 January 2025 – 12 August 2025
Name Position Decree of Appointment Information Expertise
Independent
Muhammad Mas’ud Chairman economics
Commissioner
Adhy Karyono Member Commissioner economics
Independent
Sumaryono2) Member economics
Decree of the Board of Directors Number 063/063/DIR/ Commissioner
HCP/KEP concerning the Composition of the Board of
Commissioners’ Committees for the 2024 Period of PT Bank Independent
Dadang Setabudi Member economics
Pembangunan Daerah Jawa Timur Tbk Commissioner
Yusuf Adnan Member Independent Party economics
Ex-Officio Member
Slamet Purwanto Member (Head of Human economics
Capital Division)
482 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Structure, Membership and Expertise of the Remuneration and Nomination Committee for the Period 12 August 2025 – 27
November 2025
Name Position Decree of Appointment Information Expertise
Independent
Muhammad Mas’ud Chairman economics
Commissioner
Adhy Karyono Member Commissioner economics
Decree of the Board of Directors Number 064/064/DIR/
HCP/KEP concerning the Composition of the Board of Independent
Dadang Setiabudi Member economics
Commissioners’ Committees for the 2024 Period of PT Bank Commissioner
Pembangunan Daerah Jawa Timur Tbk
Yusuf Adnan Member Independent Party economics
Ex-Officio Member
Slamet Purwanto Member (Head of Human economics
Capital Division)
Structure, Membership and Expertise of the Remuneration and Nomination Committee for the Period 28 November 2025 – 31
December 2025
Name Position Decree of Appointment Information Expertise
Independent
Muhammad Mas’ud Chairman Legal
Commissioner
Independent
Adi Sulistyowati1) Member President Economics
Commissioner
Adhy Karyono Member Commissioner Economics
Independent
Dadang Setiabudi Member Decree of the Board of Directors Number 064/065/DIR/ Economics
Commissioner
HCP/KEP concerning the Composition of the Board of
Commissioners’ Committees for the 2024 Period of PT Bank
Independent
Asri Agung Putra3) Member Pembangunan Daerah Jawa Timur Tbk Legal
Commissioner
Yusuf Adnan Member Independent Party Economics
Aam Waro’
Member Independent Party Sociology
Panotogamo4)
Ex-Officio Member
(Head of Human
Slamet Purwanto Member Capital Division) Economics
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Remuneration and Nomination Committee on 25 November 2025.
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Profile of The Remuneration and Nomination Committee
The profile of the Remuneration and Nomination Committee as of December 31, 2025 is as follow.
Muhammad Mas’ud
Chairman concurrently Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Adi Sulistyowati
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
AdhyKaryono
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Dadang Setiabudi
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Asri Agung Putra
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
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Yusuf Adnan
Member of Remuneration and Nomination Committee
Indonesian citizen, domiciled in Surabaya.
Born in Serang in 1990. Age 35 as of 2025.
Educational History • Bachelor of Information Systems from the Information Technology Institute, Surabaya (2013)
• Master of Management from the University of Indonesia (2018)
• Master of Business Administration Institut d’Administration des Entrepises de Grenoble, Grenoble (2018)
Certifications Banking Risk Management Certification Qualification 4, 2025
Job History
Work Experience • Co-Founder, Finance & Strategic Manager of PT Bina Informasi Optima Solusindo (December 2021)
• Finance Manager of PT Energi Mineral Langgeng, Jakarta (until August 2024)
Legal Basis for Decree of the Board of Directors No. 063/063/DIR/HCP/KEP dated November 28, 2024
Appointment
Concurrent Director of PT Moya Kasri
Positions
Period of Office Period I
Term of Office November 2024 - November 2026
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Aam Waro’ Panotogomo
Member of the Remuneration and Nomination Committee
Indonesian citizen, domiciled in Surabaya.
Born in Bojonegoro in 1995. Aged 30 as of 2025
Educational History • Bachelor of Sociology, University of Jember (2018)
• Master of Politics, Wijaya Kusuma University (2024)
• Doctor of Management, State University of Surabaya (present)
Certifications -
Job History
Work Experience Joined Bank Jatim in November 2025. Prior to his current position, he served as a Survey and Research Consultant at
Fixpoll (2020–2021). In addition, he currently holds positions as Director of Publications (Elstat.id), Public Relations
Officer at the East Java Provincial Government, Director of Research (Edudata.network), and Director of Operations at
PT. Sarana Nata Tambang Lestari Nusantara
Legal Basis for Decree of the Board of Directors No. 064/065/DIR/HCP/KEP date November 25, 2025
Appointment
Concurrent • Director of Publications (Elstat.id),
Positions • Public Relations Officer (East Java Provincial Government),
• Director of Research (Edudata.network),
• Director of Operations (PT Sarana Nata Tambang Lestari Nusantara)
Period of Office First term
Term of Office November 2025 - November 2027
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Slamet Purwanto
Remuneration and Nomination Committee Members
Indonesian citizen, domiciled in Surabaya
Born in Surabaya in 1979. Age 46 as of 2024.
Educational History • Bachelor of Computer Science from the College of Informatics Management and Computer Engineering (STIKOM)
(2004)
• Master of Management from the National Development University “Veteran” East Java (2016)
Certifications Level 4 Risk Management Certification
Job History
Work Experience Joined Bank Jatim in 2007. Prior to occupying his current position, he served as Senior Analyst of the Human Capital
Division (2015), Head of the Investor Relations Corporate Secretary Sub-Division (2015), Head of the Human Capital
Development Sub-Division (2020), Head of the Human Capital Policy & Development Sub-Division (2020), Head of the
Learning Center Sub-Division (2021), AVP Learning Center (2023).
Legal Basis for Since July 2023, he has served as Acting Vice President of the Human Capital Division based on the Decree of the Board
Appointment of Directors No. 062/055/DIR/HCP/KEP dated July 5, 2023.
Concurrent -
Positions
Period of Office Period I
Term of Office July 5, 2023 – present
Qualification of Educational and Work Experience of The Remuneration and Nomination Committee
Table of Qualification of Educational and Work Experience of The Remuneration and Nomination Committee
Name Position Education Work Experience
Muhammad Mas’ud Chairman • Bachelor’s Degree in Public Administration, Experience, among others, in finance, political
Brawijaya University science, and economics
• Master’s Degree in Management, University of
Muhammadiyah Malang
• Doctor (Ph.D.) in Political and International Studies
Adi Sulistyowati1) Member Bachelor’s Degree in Management (Economics) Experience, among others, in the banking
sector
Adhy Karyono Member • Bachelor’s Degree in Social and Political Sciences, Experience in the government sector.
University of Garut
• Master’s Degree in Public Administration (Human
Resource Management for Public Sector)
Dadang Setiabudi Member • Bachelor’s Degree in Accounting, University of Experience, among others, in banking,
Padjajaran finance, and information technology.
• Master’s Degree in Agribusiness Management,
Bogor Agricultural Institute
Asri Agung Putra3) Member • Bachelor’s Degree in Law Experience in the government and legal
• Master’s Degree in Law sectors.
• Doctorate in Law
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Name Position Education Work Experience
Yusuf Adnan Member • Bachelor’s Degree in Information Systems, Experience in finance and information
Institute of Information Technology; technology
• Master of Management
• Master of Business Administration, Institut
d’Administration des Entreprises de Grenoble
Aam Waro’ Member • Bachelor’s Degree in Sociology Experience in the government sector
Panotogamo4) • Master’s Degree in Sociology
• Master’s Degree in Political Science
• Doctoral Degree in Management
Slamet Purwanto Ex-officio • Bachelor’s Degree in Computer Science, STIKOM Experience, among others, in banking and
Member • Master’s Degree in Management, UPN Veteran human resources
Jawa Timur
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Remuneration and Nomination Committee on November 25, 2025.
Independence of The Nomination and Remuneration Committee
The Remuneration and Nomination Committee carries out its duties, responsibilities and authority professionally and independently,
without interference from any party that is not in accordance with the laws and regulations. Members of the Remuneration and
Nomination Committee have fulfilled all the independence criteria and are able to carry out their duties independently, uphold the
interests of the Bank and cannot be influenced by any party. This can be seen from the majority of Commissioners who are members
of the Remuneration and Nomination Committee who are Independent Commissioners.
Table of Independence of the Remuneration and Nomination Committee
Asri
Muhammad Adhy Adi Dadang Yusuf Aam Waro’ Slamet
Independence Aspect Agung
Mas’ud Karyono Sulistyowati1) Setiabudi Adnan Panotogomo4) Purwanto
Putra3)
Has no financial
relationship with the Board
of Commissioners and
Directors
Has no management
relationships in the
company, subsidiaries or
affiliated companies
Has no share ownership in
the company
Has no family relationship
with the Board of
Commissioners, Directors,
and/or fellow members
of the Nomination and
Remuneration Committee
Not serving as a political
party administrator, official
or government official
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Remuneration and Nomination Committee on November 25, 2025.
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Meeting of The Nomination and Remuneration Committee
NOMINATION AND REMUNERATION COMMITTEE MEETING POLICY
The Remuneration and Nomination Committee Meeting is held periodically at least 1 (one) time in 3 (three) months. The Remuneration
and Nomination Committee Meeting can only be held if attended by a majority of the members of the Remuneration and Nomination
Committee and one of the majority of the members of the Remuneration and Nomination Committee is the Chairperson of the
Remuneration and Nomination Committee.
MEETING AGENDA OF THE NOMINATION AND REMUNERATION COMMITTEE
Table of Agenda for the Remuneration and Nomination Committee Meeting
No. Meeting Date Meeting Agenda Meeting Participants Information
1 January 14, 2025 Presentation on the results of the Team 7 Discussion of Muhammad Mas’ud Nomination and
the Regional Development Banks Board of Commissioners Sumaryono2) Remuneration
Communication Forum (BPD SI) 2025 regarding the Dadang Setiabudi
Synchronization of Regulations for Regional Development Yusuf Adnan
Banks related to the Nomination and Remuneration process of Slamet Purwanto
the Board of Directors and the Board of Commissioners.
2 February 19, Simulation of the Annual General Meeting of Shareholders Muhammad Mas’ud Nomination and
2025 (AGMS) for Fiscal Year 2024. Sumaryono2) Remuneration
Adhy Karyono
Dadang Setiabudi
Yusuf Adnan
Slamet Purwanto
3 March 13, 2025 Proposal for Holiday Allowance (THR) for the Management Muhammad Mas’ud Remuneration
Sumaryono2)
Dadang Setiabudi
Yusuf Adnan
Slamet Purwanto
4 March 13, 2025 KPI of the Board of Commissioners and Committees for the Muhammad Mas’ud Remuneration
Second Semester of 2024. Sumaryono2)
Dadang Setiabudi
Yusuf Adnan
Slamet Purwanto
5 April 18, 2025 Percentage allocation of Tantiem and Production Bonus for Muhammad Mas’ud Remuneration
2024. Sumaryono2)
Dadang Setiabudi
Slamet Purwanto
6 June 17, 2025 1. Remuneration and facilities for the position of Vice Muhammad Mas’ud Remuneration
President Director; Adhy Karyono
2. Benefits for Management upon retirement, particularly Dadang Setiabudi
regarding life insurance benefits for Management who Yusuf Adnan
cease their tenure before the end of their term; Slamet Purwanto
3. Benefits for Management upon retirement, particularly
regarding the Management’s COP and healthcare facilities;
and
4. Remuneration of the Sharia Supervisory Board, particularly
adjustments to the honorarium.
7 July 18, 2025 1. Vacancy of the Chairman of the Audit Committee previously Muhammad Mas’ud Nomination
held by Mr. Sumaryono (who has retired); and Dadang Setiabudi
2. Vacancy of a member of the Risk Monitoring Committee Yusuf Adnan
(Mr. Sulam Andjar Rochim) due to his passing. Slamet Purwanto
8 August 8, 2025 Proposal for granting allowances in commemoration of Bank Muhammad Mas’ud Remuneration
Jatim’s Anniversary in 2025 for the Board of Commissioners, Adhy Karyono
Board of Directors, Committees, and the Sharia Supervisory Dadang Setiabudi
Board Yusuf Adnan
Slamet Purwanto
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No. Meeting Date Meeting Agenda Meeting Participants Information
9 September 23, 1. Appointment of Management as Bank Jatim’s Muhammad Mas’ud Nomination
2025 representative at Bank NTT; Adhy Karyono
2. Proposal for division of duties/temporary replacement of Dadang Setiabudi
the Board of Directors; Yusuf Adnan
3. Update on the progress of the Fit and Proper Test process Slamet Purwanto
for Bank Jatim’s Management; and
4. Proposed amendments to the Management remuneration
policy.
10 November 3, 1. Results of the Fit and Proper Assessment (PKK) of Muhammad Mas’ud Nomination
2025 the Board of Commissioners by the Financial Services Adi Sulistyowati1)
Authority (OJK) for Mrs. Adi Sulistyowati as President Adhy Karyono
Independent Commissioner and Mr. Asri Agung Putra as Dadang Setiabudi
Independent Commissioner; and Asri Agung Putera3)
2. Fulfillment of the requirement for Independent Parties Yusuf Adnan
as members of the Board of Commissioners’ Committees
to support the duties and responsibilities of the Board of
Commissioners.
11 December 23, Proposed year-end bonus for Management for 2025. Muhammad Mas’ud Remuneration
2025 Adi Sulistyowati1)
Dadang Setiabudi
Asri Agung Putera3)
Yusuf Adnan
Aam Waro’ Panotogomo4)
Slamet Purwanto
Description :
1)
Appointed at the Annual General Meeting of Shareholders for the 2024 Financial Year on May 22, 2025, effective as of the Decree of the Members of the Board of Commissioners
of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for the 2024 Financial Year on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for the 2024 Financial Year on May 22, 2025, effective as of the Decree of the Members of the Board of Commissioners
of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Remuneration and Nomination Committee on November 25, 2025.
FREQUENCY AND ATTENDANCE LEVEL OF MEETING OF NOMINATION AND REMUNERATION COMMITTEE
Table of Attendance Level of Remuneration and Nomination Committee Meetings
Remuneration and Nomination Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Muhammad Mas’ud Chairman 11 11 100%
Adhy Karyono Member 11 5 45%
Dadang Setiabudi Member 11 11 100%
Sumaryono 2)
Member 5 5 100%
Adi Sulistyowati 1)
Member 2 2 100%
Asri Agung Putra3) Member 2 2 100%
Yusuf Adnan Member 11 10 91%
Aam Waro’ P 4) Member 1 1 100%
Slamet Purwanto Ex-Officio Member 11 10 91%
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Remuneration and Nomination Committee on November 25, 2025.
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Remuneration and Nomination Committee Competency Improvement Program
Types of Training and
Time and place
Name Position Development Materials Organizer
Implementation
Competence/Training
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Muhammad Mas’ud Chairman
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Adi Sulistyowati1) Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Adhy Karyono Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Dadang Setiabudi Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Asri Agung Putra3) Member
Improvement section for the Board of Commissioners
National Seminar "Enhancing the
Malang, January 16-17,
Supervisory Role of the BPDSI Board of FKDK – BPD SI
2025
Commissioners"
National Seminar of the Indonesian
Yusuf Adnan Member Board of Commissioners Surabaya, July 9-10,
FKDK – BPD SI
Communication Forum "Roadmap for 2025
Strengthening BPD"
Jakarta, August 23,
Banking Risk Management Certification BSMR
2025
Aam Waro’ Has not participated in any education and/or competency development programs during his/her
Member
Panotogamo4) tenure at Bank Jatim.
General Pension Fund Management Yogyakarta, February Asosiasi Dana Pensiun Indonesia
Training 6-7, 2025 (ADPI)
General Pension Fund Management Yogyakarta, February Lembaga Sertifikasi Profesi Dana
Certification 8, 2025 Pensiun –LSPDP
Procurement of Goods and Services Surabaya, August 7,
LPPIA FIA UI
Training 2025
Public Training on Pension Fund Yogyakarta, August PT Gendhis Prima Sentosa
Ex-Officio
Slamet Purwanto Management 20-22, 2025 Konsultan
Member
Indonesia Human Capital Beyond Jakarta, September
PT GML Performance Consulting
Summit 2025 2-3, 2025
Training on Institutional Governance,
Bandung, October
Risk Management, Anti-Fraud Strategy, Dhani Gunawan Idat
9-10, 2025
and Pension Fund Consumer Protection
Risk Management Certification Surabaya, October 25, Srategic Development Group
Maintenance Program Level 6 2025 (SDG)
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Remuneration and Nomination Committee on November 25, 2025.
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Work Program and Implementation of Duties of The • Conducting discussions and appointment of Management
Remuneration and Nomination Committee In 2025 as Bank Jatim’s representative at Bank NTT
• Conducting evaluation on amendments to the remuneration
Quarter I policy for Management.
• Providing recommendations on the Board of Directors’
proposal regarding the implementation of allowances for Quarter IV
Management (Holiday Allowance/THR). • Conducting evaluation and nomination processes for
• Conducting discussions on the evaluation of work programs vacant positions of independent members in the Risk
and Key Performance Indicators (KPI) of the Board Monitoring Committee and the Remuneration & Nomination
of Commissioners and its Committees for the Second Committee.
Semester of 2024. • Evaluating and providing recommendations on the criteria
• Conducting a simulation of the Annual General Meeting of and qualifications required in the nomination process for
Shareholders (AGMS) for Fiscal Year 2024. the Board of Commissioners and the Board of Directors in
• Holding Remuneration and Nomination Committee line with the Bank’s strategic plan.
meetings and coordination meetings with related parties. • Providing recommendations on the Board of Directors’
proposal regarding the implementation of allowances for
Quarter II Management (Year-End Performance Bonus 2025).
• Providing recommendations on the Board of Directors’ • Evaluating and recommending qualified candidates for
proposal regarding the implementation of tantiem for members of the Board of Directors and/or the Board
Management and production bonuses for employees for of Commissioners to the Board of Commissioners for
2024. submission to the General Meeting of Shareholders.
• Formulating the structure and policy on remuneration and • Conducting discussions on the evaluation of activities
facilities for Management (Vice President Director). and work programs of the Remuneration & Nomination
• Formulating the structure and policy on remuneration Committee for 2025.
benefits for Management upon retirement (including life
insurance benefits, Management COP, and healthcare Board of Directors and Key Management Succession
facilities). Policy
• Making adjustments to the remuneration policy of the
Sharia Supervisory Board (DPS). The Succession Policy in the Nomination process for members
• Evaluating and providing recommendations on the criteria of the Board of Directors is regulated in the Implementation
and qualifications required in the nomination process for Guidelines for the Board of Commissioners Committee Number:
the Board of Commissioners and the Board of Directors in 058/002/DK/KEP dated April 23, 2019 and its amendments
line with the Bank’s strategic plan. in accordance with the Board of Commissioners’ Provisions
Letter Number: 060/02/DK/KEP dated January 15, 2021. The
Quarter III Remuneration and Nomination Committee has assisted the
• Conducting evaluation and nomination processes for Board of Commissioners in the Board of Directors Succession
vacant positions, namely the Chairman of the Audit program in accordance with the policy. The BOD-1 Talent Pool
Committee (due to retirement) and a member of the Risk of Echelon 1 employees who participate in the JLDP 1 career
Monitoring Committee (due to passing). development program is decided in the Personnel Management
• Providing recommendations on the Board of Directors’ Committee attended by the Board of Directors and the SEVP in
proposal regarding the implementation of allowances for charge of human capital.
Management (Bank Jatim Anniversary Allowance 2025).
• Evaluating and providing recommendations on the criteria
and qualifications required in the nomination process for
the Board of Commissioners and the Board of Directors in
line with the Bank’s strategic plan.
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Personnel
General & Special Management Evaluation
Committee
The participants’ names will
be presented in the KMK Evaluation of training
Participants are selected
to be selected for vacant (classroom) performance and
based on general and specific
positions, taking into account job performance during the
administrative requirements
assessment results and acting assignment period
professional judgment
Assessment PJ period
Administrative Selection KMK Evaluation*
Classical &
Assessment Center
Performance
Participants who are
Participants who pass the recommended for PJ
Administrative selection will placement by KMK are
be assessed for behavioral given training on upgrading
competency according to the competencies and the
job’s behavioral competency process of achieving PJ
skills requirements. targets, the PJ period is 6
months.
Risk Monitoring Committee 4. OJK Regulation No. 4/POJK.03/2021 concerning Risk
Management Implementation in the Use of Information
The Risk Monitoring Committee is tasked with assisting in the Technology by Commercial Banks.
implementation of the supervisory and coaching functions by 5. OJK Regulation No. 11/POJK.03/2022 concerning
the Board of Commissioners towards executives (the Board Information Technology Implementation for Commercial
of Directors and their staff) in the area of implementing risk Banks.
management in all Bank activities and products, ensuring 6. OJK Regulation No. 17 of 2023 concerning Governance
the adequacy of an adequate internal control system and the Implementation for Commercial Banks.
effective running of the compliance system, including issues 7. Articles of Association regarding the duties and authorities
regarding risk management and internal control systems as of the Board of Commissioners and their amendments.
well as anticipatory steps taken by the Board of Directors in
implementing policies and risk management. Charter of Risk Monitoring Committee
Basic for The Establishment of The Risk Monitoring The Risk Monitoring Committee has a Work Guideline regulated
Committee in the Charter/Standard Operating Procedure (SOP) of the
Board of Commissioners’ Committee Work Guidelines Number
The establishment of the Risk Monitoring Committee is based 063/03/52/DKM/KEP dated March 28, 2024, covering:
on the following regulations: 1. Basic Principles
1. OJK Regulation No. 4/POJK.03/2016 concerning 2. Organization and Management
Assessment of the Soundness Level of Commercial Banks. 3. Work Program and Committee Performance Evaluation
2. OJK Regulation No. 18/POJK.03/2016 and SEOJK 4. Committee Work Procedures
No. 34/POJK.03/2016 concerning Risk Management 5. Committee Meetings
Implementation for Commercial Banks. 6. Monitoring, Evaluation, and Follow-up of Recommendations
3. OJK Regulation No. 65/POJK.03/2016 concerning Risk 7. Documentation, Administration, and Reporting
Management Implementation for Commercial Banks,
Sharia Banks, and Sharia Business Units.
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Duties and Responsibilities of The Risk Monitoring 10. Drafting the committee’s work guidelines (charter) and
Committee reviewing them at least once every two years.
11. Carrying out other duties and responsibilities assigned
The Risk Monitoring Committee performed the task of by the Board of Commissioners from time to time and
monitoring and evaluating the conformity between risk preparing regular reports on the activities of the Risk
management policies and the implementation of Bank policies, Monitoring Committee and matters that need the attention
as well as implementing the work plans and duties of the Risk of the Board of Commissioners.
Management Committee and the Risk Management Work 12. Conducting self-assessment on the effectiveness of the
Unit (SKMR), to provide recommendations to the Board of Risk Monitoring Committee’s activities.
Commissioners to ensure that the Bank had managed risks in 13. Reviewing information about the Bank, the Bank’s work
an effective adequate manner. plan and budget, management reports, and other relevant
information.
Dalam In carrying out its functions, the Risk Monitoring 14. Analyzing risks in the Sharia Business Unit.
Committee has duties and responsibilities including:
1. Continuously improving the quality of good governance Authority of Risk Monitoring Committee
implementation by applying the principles of transparency,
accountability, responsibility, independence, and fairness The Risk Monitoring Committee is authorized by the Board of
to strengthen the Bank’s internal governance. Commissioners to:
2. Evaluating and providing input to the Board of 1. Conduct a full, free and unlimited access to Bank records
Commissioners regarding the adequacy and alignment related to the implementation of the duties of the Risk
between risk management policies and the Bank’s policy Monitoring Committee;
implementation. 2. Collaborate with the Risk Management Committee, SKMR,
3. Monitoring and evaluating the performance of the Risk Compliance Work Unit (SKK), Legal Work Unit (SKL),
Management Committee and the Risk Management Information Technology Work Unit (SKTI) and other work
Work Unit to provide recommendations to the Board of units related to the Committee’s duties;
Commissioners and coordinating with related work units in 3. Obtain input or suggestions from external banking
preparing reports under the authority and responsibility of professionals related to the duties of the Risk Monitoring
the Board of Commissioners. Committee;
4. Providing input to the Board of Commissioners regarding 4. Communicate directly with employees, including the
risk management related to country risk and transfer Board of Directors and those performing risk monitoring
risk, including conducting evaluation and testing (stress functions, regarding the duties and responsibilities of the
testing). Risk Monitoring Committee.
5. Identifying, measuring, monitoring, and controlling risks in 5. Engage independent parties outside the Risk Monitoring
every aspect of the Bank’s business activities to prevent Committee when needed to assist in carrying out its duties.
events that could cause losses/risks. 6. Exercise other authorities granted by the Board of
6. Assessing the effectiveness and adequacy of risk Commissioners.
management implementation according to the Bank’s
objectives, size, business complexity, and the risks faced. Term of Office of the Risk Monitoring Committee
7. Ensuring that the Board of Directors (Management) actively
supervises the implementation of risk management policies The term of office of the Risk Monitoring Committee shall not
and strategies. exceed the term of office of the Board of Commissioners, as
8. Conducting reviews and necessary actions in risk stipulated in the Articles of Association or the Bank’s internal
management following prudential principles. regulations, and may be reappointed for a specific term.
9. Evaluating the Bank’s compliance with the Articles
of Association, Bank and Capital Market Supervisory
Authority regulations, and other applicable regulations
related to risk management.
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Structure, Membership, and Expertise of Risk Monitoring Committee
Structure, Membership and Expertise of the Risk Monitoring Committee for the Period 1 January 2025 – 12 August 2025
Name Position Decree of Appointment Information Expertise
Independent
Dadang Setiabudi Chairman Economics
Commissioner
Independent
Muhammad Mas’ud Member Decree of the Directors Number 063/063/DIR/HCP/KEP Economics
Commissioner
concerning the Composition of the Board of Commissioners’
Committees for the 2024 Period of PT Bank Pembangunan Independent
Sumaryono2) Member Daerah Jawa Timur Tbk Economics
Commissioner
Sulam Andjar
Member Independent Party Economics
Rochim
Structure, Membership and Expertise of the Risk Monitoring Committee for the Period 12 August 2025 – 27 November 2025
Name Position Decree of Appointment Information Expertise
Independent
Dadang Setiabudi Chairman Economics
Commissioner
Decree of the Board of Directors Number 064/064/DIR/
HCP/KEP concerning the Composition of the Board of Independent
Muhammad Mas’ud Member Economics
Commissioners’ Committees for the 2024 Period of PT Bank Commissioner
Pembangunan Daerah Jawa Timur Tbk
Yugo Heryawan4) Member Independent Party Economics
Struktur, Keanggotaan dan Keahlian Komite Pemantau Risiko Periode 28 November 2025 – 31 Desember 2025
Name Position Decree of Appointment Information Expertise
Independent
Dadang Setiabudi Chairman Legal
Commissioner
Independent
Adi Sulistyowati1) Member President Economics
Commissioner
Decree of the Board of Directors Number 064/065/DIR/
HCP/KEP concerning the Composition of the Board of Independent
Muhammad Mas’ud Member Economics
Commissioners’ Committees for the 2024 Period of PT Bank Commissioner
Pembangunan Daerah Jawa Timur Tbk
Independent
Asri Agung Putra3) Member Economics
Commissioner
Yugo Heryawan4) Member Independent Party Economics
Achmad Jani5) Member Independent Party Economics
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on August 11, 2025.
5)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on November 25, 2025.
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Profile of The Risk Monitoring Committee
The profile of the Risk Monitoring Committee as of December 31, 2025 is as follow.
Dadang Setiabudi
Chairman of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Adi Sulistyowati
Member of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Muhammad Mas’ud
Member of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Asri Agung Putra
Member of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
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Yugo Heryawan
Member of the Risk Monitoring Committee
Indonesian citizen, domiciled in Malang.
Born in Malang, December 18, 1968/57 years old as of December, 2025.
Educational • Bachelor’s Degree in Agricultural Technology, Brawijaya University Malang (1992)
Background • Master’s Degree in Management, Brawijaya University Malang (2009)
Certifications • Risk Management Certification Qualification 4, 2025
Career History
Work Experience • Small Credit Analyst, PT Bank Negara Indonesia (Persero) Tbk (1994 -2003)
• Small Credit Supervisor PT Bank Negara Indonesia (Persero) Tbk (2003 -2006)
• Relationship Manager, Commercial Credit, PT Bank Negara Indonesia (Persero) Tbk (2006 – 2010)
• Deputy Head of Small Credit Center, PT Bank Negara Indonesia (Persero) Tbk (2010 – 2011)
• Head of Small Credit Center, PT Bank Negara Indonesia (Persero) Tbk (2011 – 2016)
• Head of Medium Credit Center, PT Bank Negara Indonesia (Persero) Tbk (2016 – 2019)
• Head of Business Banking Regional Office, PT Bank Negara Indonesia (Persero) Tbk (2019 – 2021)
• DGM SME Business Division PT Bank Negara Indonesia (Persero) Tbk (2021- 2023)
• Area Head PT Bank Negara Indonesia (Persero) Tbk (2023 – 2024)
• Learning Expert Program Branch Management Course (BMC) for Branch Managers/Prospective Branch Managers,
PT Bank Negara Indonesia (Persero) Tbk (2024 – present)
Legal Basis of Decree of the Board of Directors Number 064/44/HCP/PK dated August 12, 2025
Appointment
Concurrent None
Positions
Term of Office First term
Period of Service August 2025 - August 2027
PT Bank Pembangunan Daerah Jawa Timur Tbk 497
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Achmad Jani
Member of the Risk Monitoring Committee
Indonesian citizen, domiciled in Surabaya.
Born in Pasuruan, September 28, 2065/60 years old as of December, 2025.
Educational • Bachelor’s Degree in Economics, University of Moch. Sroedji Jember (1992)
Background • Bachelor’s Degree in Law, University of Moch. Sroedji Jember (2012)
• Master’s Degree in Industrial Management, ITATS Surabaya (1997)
• Master’s Degree in Law, Wijaya Putera University Surabaya (2024)
Certification • Certified Contract Drafter (C.C.D.) – National Professional Certification Agency (BNSP), 2021 ;Certified Waqf
Competent (C.W.C.) – National Professional Certification Agency (BNSP), 2022
• Certified Legal Auditor (C.L.A.) – National Professional Certification Agency (BNSP), 2023
• Certified Mediator Conciliator (C.M.C.) – National Professional Certification Agency (BNSP), 2023
• Certified Human Capital General Manager (C.H.C.G.M.) –National Professional Certification Agency (BNSP), 2023
• Certified Consultant Industrial Relation (C.C.I.R.) – National Professional Certification Agency (BNSP), 2024
• Certified Tax Techician (C.T.T) – Indonesian Association of Tax Technicians (ATPI), 2025
Career History
Work Experience • Advocacy Team Member, “Pengabdian” Legal Consultancy & Aid Bureau (1984)
• Journalist, Memorandum Daily Newspaper, Surabaya (1984 - 1985)
• Officer PT Bank Tabungan Pensiunan Nasional Tbk Jember (1985 – 1990)
• Credit Supervisor PT Bank Tabungan Pensiunan Nasional Tbk Surabaya (1990 – 1992)
• Branch Manager PT Bank Tabungan Pensiunan Nasional Tbk (Sub Branch : Tulungagung, Situbondo, Jember) (1992 –
1998)
• Treasury Division Manager, Head Office,PT Bank Tabungan Pensiunan Nasional Tbk (1998 – 2000)
• Funding Marketing Manager, Head Office PT Bank Tabungan Pensiunan Nasional Tbk (2000 – 2003)
• Business & Branch Development Manager, Head Office, PT Bank Tabungan Pensiunan Nasional Tbk (2003 – 2004)
• Branch Head PT Bank Tabungan Pensiunan Nasional Tbk (Branch: Magelang, Purwokerto) (2004)
• Senior Analyst, Product Development Division, Head Office, PT Bank Tabungan Pensiunan Nasional (2004 – 2005)
• Area Head (South Kalimantan – Banjarmasin; South Sulawesi – Makassar; Central Java I – Semarang; East Java IV –
Jember; East Java I – Surabaya), PT Bank Tabungan Pensiunan Nasional (2005 -2015)
• Business Support Leader, East Java–Bali–Nusra Region PT Bank Tabungan Pensiunan Nasional Tbk (2016 – 2017)
• Area Head Jatim III di Kediri PT Bank Tabungan Pensiunan Nasional (2017 – 2020)
Legal Basis of Decree of the Board of Directors Number 064/065/DIR/HCP/KEP dated November 25, 2025
Appointment
Concurrent None
Positions
Term of Office First term
Period of Service November 2025 - November 2027
498 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Education Qualification and Work Experience of The Risk Monitoring Committee
Table of Education Qualification and Work Experience of the Risk Monitoring Committee
Name Position Education Work Experience
• Bachelor’s Degree in Accounting, University of
Padjajaran Experience, among others, in banking, finance, and
Dadang Setiabudi Chairman
• Master’s Degree in Agribusiness Management, information technology.
Bogor Agricultural Institute
Adi Sulistyowati1) Member Bachelor’s Degree in Management (Economics) Experience in the banking sector
• Bachelor’s Degree in Public Administration
• Master’s Degree in Management Experience, among others, in finance, political
Muhammad Mas’ud Member
• Doctor (Ph.D) in Political and International science, and economics
Studies
• Bachelor’s Degree in Law
Asri Agung Putra3) Member • Master’s Degree in Law Experience in the government and legal sectors
• Doctorate in Law
Yugo Heryawan4) Member • Bachelor’s Degree in Agricultural Technology
Experience, among others, in the banking sector
• Master’s Degree in Management
Achmad Jani4) Member • Bachelor’s Degree in Economics
• Bachelor’s Degree in Law
Experience in journalism and banking
• Master’s Degree in Industrial Management
• Master’s Degree in Law
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on August 11, 2025.
5)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on November 25, 2025.
Independence of The Risk Monitoring Committee
The Risk Monitoring Committee carries out its duties, responsibilities and authorities professionally and independently without
interference from any party that is not in accordance with the laws and regulations. Members of the Risk Monitoring Committee
have met all independence criteria and are able to carry out their duties independently, uphold the interests of the Bank and
cannot be influenced by any party. This can be seen from the membership consisting of 1 (one) Chairperson who is an Independent
Commissioner, 2 (two) members who are Independent Commissioners and 1 (one) member of the Independent Party.
Table of Independence of the Risk Monitoring Committee
Dadang Adi Muhammad Asri Agung Yugo Achmad
Independence Aspect
Setiabudi Sulistyowati1) Mas’ud Putra3) Heryawan4) Jani5)
Has no financial relationship with the
Board of Commissioners and Directors
Has no management relationships in
the company, subsidiaries or affiliated
companies
Has no share ownership relationship in
the company
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Dadang Adi Muhammad Asri Agung Yugo Achmad
Independence Aspect
Setiabudi Sulistyowati1) Mas’ud Putra3) Heryawan4) Jani5)
Has no family relationship with the
Board of Commissioners, Directors,
and/or fellow members of the Risk
Monitoring Committee
Not serving as a political party
administrator, official or government
official
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the Board
of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on August 11, 2025.
5)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on November 25, 2025.
Risk Monitoring Committee Meeting
RISK MONITORING COMMITTEE MEETING POLICY
Implementation and procedures for the Risk Monitoring Committee meeting were as follows:
1. Committee meetings were held as follows:
a. according to the needs of the Bank and or at least 1 (satu) kali dalam 1 (satu) bulan;
b. It can only be implemented if attended by at least 51% (fifty one percent) of the total number of Committee members
including 1 (one) Independent Commissioner and 1 (one) Independent Party who is not a Commissioner;
c. chaired by the Committee Chair or a Committee member from an Independent Commissioner if the Committee Chair is
unable to attend; And
d. can invite SKMR, SKK, SKL
2. Committee meeting decisions are made based on:
a. Consensus, and in the event that there is no consensus, then the decision is made based on the majority vote;
b. In the event that the decision is made by voting and there are equal votes, then the decision is made based on the majority
vote; and
c. Differences of opinion (dissenting opinion) that occur in the Committee Meeting must be clearly stated in the minutes of the
meeting along with the reasons for the differences of opinion.
3. Committee meetings were set forth in the Minutes of Meeting, which are signed by all Committee members present and submitted
to the Board of Commissioners.
4. The attendance of Committee members at meetings was reported in the Committee’s quarterly report and annual report in the
Annual Report on Corporate Governance.
MEETING AGENDA OF RISK MONITORING COMMITTEE
Throughout 2025, the implementation date, agenda and Meeting Participants of the Risk Monitoring Committee are as follows.
Table of Meeting Agenda of the Risk Monitoring Committee
No. Meeting Date Meeting Agenda Meeting Participant
Dadang Setiabudi
Identification of Legal Risks related to regulations concerning the Bank’s Muhammad Mas’ud
1 January 14, 2025
institutional framework. Sumaryono2)
Sulam Andjar Rochim6)
Dadang Setiabudi
Muhammad Mas’ud
2 January 30, 2025 Evaluation of the Risk Monitoring Committee’s performance for 2024.
Sumaryono2)
Sulam Andjar Rochim6)
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No. Meeting Date Meeting Agenda Meeting Participant
1. Evaluation of Bank Risk Profile (PRB) for Q1–Q4 2024
Dadang Setiabudi
2. Evaluation of Performance (Self-Assessment) of the Risk Management
3 February 24, 2025 Sumaryono2)
Committee and SKMR for 2024.
Sulam Andjar Rochim6)
3. Evaluation of Risk Management Policy for 2024 and its implementation
Dadang Setiabudi
4 March 11, 2025 Discussion on Large Exposure Debtor Data (Credit Limit > IDR 100 billion). Sumaryono2)
Sulam Andjar Rochim6)
Dadang Setiabudi
Supervision by the Board of Commissioners over Payment Service Providers (PJP) Muhammad Mas’ud
5 April 29, 2025
acting as Payment Infrastructure Operators for 2024. Sumaryono2)
Sulam Andjar Rochim6)
Dadang Setiabudi
1. Information Technology Risk Management Policy for 2025.
Muhammad Mas’ud
6 April 29, 2025 2. Implementation of IT RSTI for the First Quarter of 2025.
Sumaryono2)
3. Strengthening of IT Security Systems against cybercrime risks.
Sulam Andjar Rochim6)
Dadang Setiabudi
7 May 27, 2025 Compliance Risk. Muhammad Mas’ud
Sulam Andjar Rochim6)
Dadang Setiabudi
8 June 13, 2025 Ongoing Special Issues under review
Muhammad Mas’ud
1. Legal Risk Profile (including inherent risk and the quality of risk management
implementation). Dadang Setiabudi
9 July 9, 2025
2. Work Plan and progress of the implementation of the Policy & Procedure Muhammad Mas’ud
Division’s work program.
1. Asset Quality.
Dadang Setiabudi
2. Loan Growth in the Middle Market and Corporate segments.
10 August 22, 2025 Muhammad Mas’ud
3. Recovery Rate of Written-Off Loans.
Yugo Heriawan4)
4. Operational Risk.
1. Performance and outlook of credit quality.
Dadang Setiabudi
September 17, 2. Root Cause of non-performing loans.
11 Muhammad Mas’ud
2025 3. Strategies and progress in improving credit quality.
Yugo Heriawan4)
4. Restructuring schemes and applicable rates.
Dadang Setiabudi
Adi Sulistyowati1)
12 October 27, 2025 Direction of policies and strategic transformation of Bank Jatim.
Muhammad Mas’ud
Yugo Heriawan4)
Dadang Setiabudi
1. Request for approval of credit facilities to Prospective debtor Mr. Tonny Prastyo,
Adi Sulistyowati1)
Director of Micro, Retail & Sharia Business of Bank Jatim.
13 November 3, 2025 Muhammad Mas’ud
2. Request for approval of credit facilities to Debtor Mr. Achmad Fauzi Wongsojudo
Asri Agung Putera3)
representing the Regional Government of Sumenep Regency.
Yugo Heriawan4)
Dadang Setiabudi
Adi Sulistyowati1)
Muhammad Mas’ud
14 December 10, 2025 Overview of Information Technology and Digital Banking
Asri Agung Putera3)
Yugo Heriawan4)
Achmad5)
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on August 11, 2025.
5)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on November 25, 2025.
6)
Ceased to hold office on 7 July 2025 due to passing away.
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FREQUENCY AND ATTENDANCE 0F RISK MONITORING COMMITTEE MEETINGS
During 2025, the Risk Monitoring Committee has held 13 (thirteen) meetings. The level of attendance of each member of the Risk
Monitoring Committee is as follows.
Table of Attendance at Risk Monitoring Committee Meetings
Risk Monitoring Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Dadang Setiabudi Chairman 14 14 100%
Muhammad Mas’ud Member 14 12 86%
Sumaryono2) Member 6 6 100%
Adi Sulistyowati1) Member 3 3 100%
Asri Agung Putra3) Member 2 2 100%
Yugo Heriawan 4)
Member 5 5 100%
Achmad Jani 5)
Member 1 1 100%
Sulam Andjar Rochim 6)
Member 7 7 100%
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 16, 2025.
2)
Dismissed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on August 11, 2025.
5)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on November 25, 2025.
6)
Ceased to hold office on July 7, 2025 due to passing away.
Risk Monitoring Committee Competence Improvement Program
Types of Training and Competency Implementation Time
Name Position Organizer
Development/ Training Materials and Place
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Dadang Setiabudi Chairman
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Adi Sulistyowati1) Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Muhammad Mas’ud Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency
Asri Agung Putra3) Member
Improvement section for the Board of Commissioners
Yugo Heryawan4) Member Risk Management Certification Level 4 Jakarta, August 23, 2025 BSMR
Achmad Jani 5)
Member Risk Management Certification Level 4 Jakarta, May 19, 2024 BSMR
Sulam Andjar Rochim 6)
Member - - -
Notes :
1)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 16, 2025.
3)
Appointed at the Annual General Meeting of Shareholders for Fiscal Year 2024 held on May 22, 2025 and became effective pursuant to the Decree of the Members of the
Board of Commissioners of the Financial Services Authority dated October 29, 2025.
4)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on August 11, 2025.
5)
Appointed as a Member (Independent Party) of the Risk Monitoring Committee on November 25, 2025.
6)
Ceased to hold office on July 7, 2025 due to passing away.
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Work Program and Implementation of Duties of The • Monitoring the compliance function and the implementation
Risk Monitoring Committee for 2025 of the compliance system, as well as reviewing reports on
the implementation of the compliance function and the
RISK MONITORING COMMITTEE WORK PROGRAM duties of the Compliance Director.
The Risk Monitoring Committee developed a work program in Quarter IV
2025, including the following: • Quarterly Monitoring and Evaluation of Bank Risk Profiles
(PRB).
Quarter I • Semesterly Monitoring and Evaluation of Bank Health
• Monitoring and Evaluation of the Bank’s Risk Profile (PRB) Levels (TKB).
Quarterly. • Monitoring and evaluating the contingency plan under the
• Semesterly Monitoring and Evaluation of Bank Health Business Continuity Management System (BCMS).
Levels (TKB). • Reviewing and providing recommendations on credit or
• Monitoring and Evaluation of the implementation of the financing proposals to related parties..
duties of the Risk Management Work Unit (SKMR) and the • Reviewing and providing assessment on updates to the
Risk Management Committee (Komenko). Credit or Financing Product Activity Policy (KPA PAP).
• Evaluation of conformity between the Risk Management RISK MONITORING COMMITTEE WORK PROGRAM BRIEF
Policy (KMR) and the implementation of Bank policies. REPORT IN 2025
• Monitoring and evaluating the implementation of Good
Corporate Governance (GCG) principles. The Risk Monitoring Committee carried out its duties and
• Monitoring the compliance function and the implementation responsibilities properly, referring to OJK Regulation No. 17
of the compliance system, as well as reviewing reports on Year 2023, concerning Implementation of Governance for
the implementation of the compliance function and the Commercial Banks and referring to the BPP Committee of the
duties of the Compliance Director. Board of Commissioners and the Risk Monitoring Committee
Charter of Bank Jatim. The implememtation of the Risk
Quarter II Monitoring Committee work program during the 2025 period
• Monitoring and Evaluation of the Bank’s Risk Profile (PRB) can be breifly reported as follows:
on a quarterly basis. 1. Conducting reviews of credit issuance to related parties
• Monitoring and Evaluation of the adequacy of the risk as a consideration for the Board of Commissioners in
management identification, measurement, monitoring, and providing recommendations for its implementation.
control processes. 2. Providing recommendations to the Board of Commissioners
• Monitoring of large debtors with exposures exceeding IDR on the supervisory report concerning Payment Service
100 billion. Providers (PJP) acting as Payment Infrastructure Operators
• Monitoring the compliance function and implementation of for 2024.
the compliance system, as well as reviewing reports on the 3. Conducting discussions in meetings with the Risk
implementation of the compliance function and the duties Management Work Unit (SKMR), covering the following:
of the Compliance Director. a. Monitoring and evaluation of the Bank’s Risk Profile;
• Reviewing and providing assessment on amendments to b. Monitoring and evaluation of constraints and
the Board of Directors’ Standard Operating Procedures achievements related to the Bank Soundness Level
(SOP). (TKB);
c. Monitoring and evaluation of the performance of the
Quarter III Risk Management Work Unit (SKMR) and the Risk
• Monitoring and Evaluation of the Bank’s Risk Profile (PRB) Management Committee (Komenko); and
on a quarterly basis. d. Evaluation of the alignment between the Risk
• Monitoring and evaluating the Bank Soundness Level (TKB) Management Policy (KMR) and its implementation
on a semester basis. within the Bank.
• Monitoring and Evaluation of the implementation of the 4. Coordinating with relevant work units on several matters,
duties of the Risk Management Work Unit (SKMR) and the including:
Risk Management Committee (Komenko). a. Review of the Information Technology Risk
• Monitoring and evaluating the implementation of Good Management Policy for 2025 and the implementation
Corporate Governance (GCG) principles. of IT Risk Self-Assessment (RSTI) for the first quarter
• Monitoring of large debtors with exposures exceeding IDR of 2025
100 billion. b. Review of the strengthening of IT Security Systems
• Reviewing and providing recommendations on credit or against cybercrime risks
financing proposals to related parties.
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c.Monitoring of the legal risk profile (including f. Review and provide assessment on updates to the
inherent risk and the quality of risk management Credit or Financing Product Activity Policy (KPA PAP).
implementation);
d. Monitoring of credit-related reports, including: Statement of the Risk Monitoring Committee on the
— Loan Growth in the Middle Market and Corporate Effectiveness of Risk Management
segments;
— Performance & outlook of credit quality; 1. The implementation of Risk Management across all of the
— Strategies and progress in improving credit quality; Bank’s activities and products, including in the area of
— Root Cause of non-performing loans;; Information Technology, has been carried out effectively
— Restructuring schemes and applicable rates; and and supported by adequate internal control systems, in line
— Recovery rate of written-off loans. with the Bank’s business complexity and scale.
e. Monitoring of large exposure debtor data (credit limit > 2. The revitalization of the Second Line of Defense within
IDR 100 billion); and the organizational structure and branch work units needs
f. Overview of Information Technology and Digital to be undertaken to minimize potential irregularities and
Banking. strengthen the implementation of the Anti-Fraud Strategy
5. Reviewing and providing opinions and recommendations to (SAF).
the Board of Commissioners regarding issues related to the 3. The implementation of governance across all organizational
implementation of risk management across all activities levels and work units has generally been carried out
and products that may potentially result in losses to the effectively. Nevertheless, further strengthening is required
Bank. through structured, tiered, and continuous programs and
6. Assisting the Board of Commissioners in exercising active training initiatives.
oversight through visits to branch offices identified as 4. Overall, the Bank’s Risk Management policies have been
having moderate-to-low risk profiles, as follows: implemented consistently and aligned with operational
a. Conducting working visits to 6 (six) branch offices policies throughout 2025. The implementation of Risk
with moderate-to-low risk profiles, covering credit, Management reflects compliance with regulations issued
operational, and legal risks; by Otoritas Jasa Keuangan, supported by active oversight
b. Conducting socialization on enhancing risk awareness from the Board of Directors and Committees, strengthening
and strengthening internal controls to reinforce the of governance practices, implementation of risk limits, and
second line of defense under the three lines of defense the development of risk information systems, including
framework, as well as fostering a risk-aware culture both individual and consolidated Risk Management
across the branch network. integration within the Business Group (KUB).
7. Coordinating with the Audit Committee in order to: 5. Nevertheless, several areas still require further attention,
a. Conduct reviews and provide recommendations in the including deeper integration of climate risk into credit
Board of Commissioners’ Supervisory Report on the policies and the Risk Appetite Statement (RAS), as well as
implementation of the Bank Business Plan (RBB) on a optimization of the Enterprise Risk Management (ERM)
semester basis; dashboard to support strategic decision-making.
b. Conduct reviews and provide recommendations on the 6. The Bank has established a comprehensive Business
Recovery Plan of PT Bank Pembangunan Daerah Jawa Continuity Management (BCM) framework covering
Timur Tbk; policies, organizational structure, and key procedures,
c. Monitor and evaluate the direction of the Bank’s and its implementation has been effective in supporting
transformation policies and strategies; the continuity of the Bank’s operations. However, such
d. Evaluate the implementation of the Self-Assessment implementation has not yet been fully supported by
Framework (SAF) in managing conflicts of interest, a structured, integrated, and sustainable Business
controlling gratuities, ensuring transparency of Continuity Management System (BCMS). Accordingly,
financial and non-financial information, and aligning the Bank needs to further develop and implement the
the Bank’s strategic plan; BCMS comprehensively and in phases to ensure that BCM
e. Review and provide assessment on amendments to the implementation can be managed in a more systematic,
Board of Directors’ Standard Operating Procedures measurable, and sustainable manner in line with governance
(SOP); and principles and applicable regulatory requirements.
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Organ and Committee Under The Board of Directors
Corporate Secretary
Structure of The Corporate Secretary
Corporate Secretary
AVP of Corporate AVP Investor
AVP of Secretariat Communications Management
Group
Supervisor
Secretariat of Supervisor Supervisor
Secretariat Protocol CSR Analyst &
the Board of External Internal
Supervisor Supervisor Supervisor Investor
Commissioners Communication Communication
Relations
and DPS
Functions, Duties and Responsibilities of The 3. Assist the Board of Directors and Board of Commissioners
Corporate Secretary in implementing corporate governance which includes:
• Disclosure of information to the public, including the
The Corporate Secretary has duties and responsibilities, among availability of information on the company’s website
others: • Submission of reports to the Financial Services
1. Developing the Bank’s mission. Authority on time Implementation and documentation
2. Mediators with Stakeholders such as regulators, investors of the General Meeting of Shareholders
and the public • Organization and documentation of the Directors and/
3. Maintaining the Bank’s image as well or Board of Commissioners meetings.
4. Provide information disclosure. • Organization and documentation of meetings of the
Board of Directors and/or the Board of Commissioners
The Corporate Secretary of Bank Jatim has access to material as well as the Sharia Supervisory Board; and
and relevant information related to the Company, particularly • Implementation of orientation programs on the
concerning information disclosure. The Corporate Secretary Company for members of the Board of Directors and/
oversees three sub-divisions: the Secretariat Sub-Division, or the Board of Commissioners as well as the Sharia
the Corporate Communication Sub-Division, and the Investor Supervisory Board.
Management Sub-Division. 4. Serve as a liaison between the Issuer or Public Company
and the shareholders of the Issuer or Public Company, the
In carrying out its duties, the Corporate Secretary has the Financial Services Authority, and other stakeholders.
duties and responsibilities to: 5. Evaluate every information to be submitted externally and
1. Follow the development of regulations and legislation in ensure the image and reputation of the Bank is maintained.
force in the Capital Market field. 6. Build and maintain a good image for the Bank to support
2. Provide input to the Directors and Board of Commissioners and maintain the value of the company so that it always
to comply with the provisions of the regulations and increases.
legislation in the Capital Market.
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Profile of Corporate Secretary
Fenty Rischana K
Acting of VP Corporate Secretary
Indonesian citizen, domiciled in Surabaya.
Born in Banyuwangi in 1983 / Age 42 as of December 2025.
Educational • Faculty of Law, Airlangga UNiversity (2001 – 2005)
Background • Master’s Degree in Law, DR. Soetomo University (2019 – 2021)
Certification Risk Management Certification Level 7
Position History
Work Experience Joined Bank Jatim in 2006. Prior to her current position, she served as Head of Kejapanan Sub-Branch (2015), Head of
Injoko Sub-Branch (2016–2018), Senior Officer of the Remuneration & Welfare Group, Operational Human Capital Sub-
Division (2018–2020), Head of Operational Human Capital Sub-Division (2021–2023), and Head of Dr. Soetomo Branch,
Surabaya (2024 - 2025).
Basis of Decree of the Board of Directors No. 064/003/LHC/HCP/KEP dated 22 January 2025 concerning Employee Transfer
Appointment and Appointment.
Corporate Secretary Competency Improvement Program
Throughout 2024, Bank Jatim’s Corporate Secretary participated in various competency development programs, such as training,
workshops, conferences, and seminars, as outlined in the table below:
No Date Type of Training Organizer
1 April 17-19, 2025 Corporate Secretary Training Patrari Jaya Consultant
2 August 7, 2025 Procurement of Goods and Services Training LPPIA FIA UI
3 September 25-26, 2025 Corporate Secretary for Sustainability Governance Infobank Media Group
4 October 18, 2025 Risk Management Certification Maintenance Program (Level 6) Strategic Development Group (SDG)
5 November 17, 2025 Talent DNA ESQ – DR. (H.C) ARY GINANJAR AGUSTIAN
Implementation of Corporate Secretary Assignments in 2025
In 2025, the Corporate Secretary has carried out his duties and responsibilities in accordance with the functions carried as follows:
1. Organized the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2024 on 22 May 2025. Since the Initial Public
Offering (IPO), vote tabulation at the AGMS has been conducted using barcode scanning of stickers provided to attending
shareholders. These barcode stickers contain the identity of the shareholders and their voting rights, enabling the voting process
to be carried out efficiently and effectively.
506 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2. The Company held one (1) Analyst Meeting to present
President Director
quarterly performance. The Analyst Meeting was attended
by securities analysts, asset management investment
managers, pension fund investment managers, insurance
company investment managers, and other fund managers. VP Internal Audit
3. The Company participated in the DXtraordinary Corporate
Access Webinar with Bahana Sekuritas on 6 March 2025.
4. The Company participated in the Public Expose Live 2025 AVP Audit Development
(“Pubex Live 2025”) held in commemoration of the 48th
Anniversary of the Reactivation of the Indonesian Capital
Market on 11 September 2025.
AVP Head Office Audit
5. BJTM was included in the ESGQ KEHATI Index and ESGS
KEHATI Index for the period 1 December 2025 – 27
February 2026.
6. The Company participated in and won the Annual Report AVP Regional Audit
Awards 2024 in the Regional Development Bank (BUMD)
Financial Category, held on 8 December 2025.
7. The Company participated in the Asia Sustainability AVP Information
Technology Audit
Reporting Rating (ASRRAT) and received a Platinum rating,
held on 19 December 2025.
8. Submitted periodic reports and incidental reports to
regulators in accordance with applicable regulations. The Position of The Internal Audit Division in
9. Submitted information disclosure in accordance with Organizational Structure
applicable regulations.
10. Enhanced the Company’s website to provide corporate The structure and position of the Internal Audit Division is
information to stakeholders. The enhancements include regulated and determined according to:
the addition of financial ratios commonly used by 1. Financial Services Authority Regulation No.1/
investors, macroeconomic and microeconomic conditions, POJK.03/2019 concerning the Implementation of the
regulatory developments, and industry benchmarking. Internal Audit Function in Commercial Banks.
These improvements enable stakeholders, particularly 2. Decree of the Board of Directors of Bank Jatim No.
domestic investors, to access corporate information more 061/218/DIR/PRS/KEP December 7, 2022 concerning the
easily to support their investment decision-making in the Organizational Structure and Work Procedures of PT Bank
Company’s shares. Pembangunan Daerah Jawa Timur Tbk.
11. The Company conducted two (2) media gatherings with the 3. Decree of the Board of Directors of Bank Jatim No. 061/162/
participation of leading media organizations based in East DIR/AUI/KEP July 15, 2022 concerning the Audit Charter
Java. of the Internal Audit Division of PT Bank Pembangunan
12. Coordinating the preparation of the Bank’s Annual Report Daerah Jawa Timur Tbk.
Book.
13. Held Board of Commissioners meetings, Board of The Head of the Internal Audit Division reports directly to the
Directors meetings, and Board of Directors and Board of President Director. To support independence and ensure the
Commissioners meetings, making minutes of meetings and smooth operation of the audit and the authority to monitor
administering them. follow-up, the Internal Audit Division can communicate directly
14. Accommodating student and student requests in submitting with the Board of Commissioners to inform various matters
Field Work Practices and research at Bank Jatim. relating to the audit. The position, mechanism, duties and
15. Administered, distributed and followed up on incoming and authority of the Internal Audit Division including transparency
outgoing mail. and clarity are significant matters in the management of Bank
16. Coordinating the procedures and concepts for Board of Jatim, so that the internal audit policy relating to responsibilities,
Directors meetings, ceremonies, Bank events and other authorities and levels of independence has been stated in
meetings. the Internal Audit Charter signed by the President Director
and approved by the Board of Commissioners on July 15,
Internal Audit Division 2022 which was compiled based on OJK Regulation Number
01/ POJK.03/2019 dated January 28, 2019 concerning the
Organizational Structure of The Internal Audit Obligation of Commercial Banks to Implement Standards
Division for Implementing Bank Internal Audit Functions (SPFAIB)
and Regulation of the Financial Services Authority No.56/
The organizational structure of the Internal Audit Divivsion POJK.04/2015 concerning the Formation and Guidelines for
based on the Decree of the Board of Directors No.061/218/ the Preparation of Internal Audit Charter.
DIR/PRS/KEP December 7, 2022 is as follows:
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07 Governance
Profile of VP Internal Audit Division
Herijadi Widodo
VP Internal Audit Division
Indonesian citizen, domiciled in Sidoarjo.
Born in Surabaya in 1971 / Age 54 as of 31 December 2025.
Educational • Bachelor’s Degree in Law, University of Sunan Bonang Tuban
Background • Master’s Degree in Management, University of Wijaya Putra Surabaya
Certification • Qualified Internal Auditor (QIA)Specialized for Head of Internal Audit Unit : 2025
• Risk Management Certification Level 6 : 2024
• Competency-Based Certification (SBK-SPPUR) – Cash Management (Level 6) : 2022
• Risk Management Certification Level 4 : 2021
• Risk Management Certification Level 3 : 2011
• Risk Management Certification Level 2 : 2007
• Risk Management Certification Level 1 : 2007
Position History
Career History • Vice President,Internal Audit Division : December 2024 - present
• Vice President, General Affairs Division : July 2023 – December 2024
• Acting Head of Main Branch : May 2022 – July 2023
• Head of Jakarta Branch : January 2020 – August 2020
• Head of Credit Division, Main Branch : July 2017 – January 2020
• Head of Jombang Branch : March 2015 – July 2017
• Head of Bangkalan Branch : October 2014 – March 2015
• Head of Bawean Branch : August 2014 – October 2014
• Acting Head of Sampang Branch : February 2014 – August 2014
• Head of Operations Division, Sampang Branch : February 2013 – February 2014
Basis of Vice President of Internal Audit Division (in accordance with Decree No. 063/015/CPT/HCP/KEP dated December 31,
Appointment 2024)
Training Attended in • Qualified Internal Auditor (QIA) Managerial Level Training
2025 • Forensic Audit and Corruption Detection Training
• Banknote Standardization and Identification Training
Parties Who Appoint and Dismiss the Head of the The Audit Charter of the Internal Audit Division of PT Bank
Internal Audit Division Pembangunan Daerah Jawa Timur, Tbk was prepared based on:
1. Financial Services Authority Regulation No. 56/
The Head of the Internal Audit Division is appointed and removal POJK.04/2015 concerning the Establishment and
by the President Director with the approval of the Board of Guidelines for the Preparation of the Internal Audit Charter.
Commissioners based on the recommendation of the Audit 2. Financial Services Authority Regulation Number 1/
Committee and reported to the Capital Market Supervisory POJK.03/2019 concerning the Implementation of Internal
Agency (Bapepam) and the Financial Services Authority (OJK). Audit Function at Commercial Banks.
3. Financial Services Authority Regulation Number 12 of 2024
Internal Audit Charter concerning the Implementation of Anti-Fraud Strategies for
Commercial Banks.
The Internal Audit Division has an Internal Audit Charter 4. Financial Services Authority Regulation Number 13 /
stipulated by the Decree of the Board of Directors of Bank POJK.03/2020 concerning Amendments to Financial
Jatim No. 064/079/DIR/AUI/KEP dated December 31, 2025 Services Authority Regulation Number 38/POJK.03/2016
concerning the Audit Charter of the Internal Audit Division of concerning.
PT Bank Pembangunan Daerah Jawa Timur, Tbk. 5. Bank Indonesia Regulation No. 22/23/PBI/2020 concering
the payment system.
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6. Bank Indonesia Regulation No. 23/06/PBI/2021 concering 3. Holding regular and incidental meetings with the Board of
payment service providers. Directors, Board of Commissioners, Audit Committee, and
7. Bank Indonesia Regulation Number 12 of 2024 concerning Sharia Supervisory Board.
Bank Indonesia Data and Information Policy and its 4. Communicating and coordinating with external parties
amendments including regulators.
8. Bank Indonesia Regulation Number 2 of 2024 concerning 5. Participating in strategic meetings without having voting
Information System Security and Cyber Resilience for rights.
Payment System Providers, Money Market Participants, 6. Conducting investigative activities on cases/problems in
and Foreign Exchange Markets and its amendments every aspect and element of activities indicated by fraud
and violation of the code of conduct.
Internal Audit Charter was created to provide an overview/
guidelines related to Vision, Mission, and Functions, Position in Internal Audit Division Personnel Composition
the Organization, Duties and Responsibilities, Authorities, Code
of Ethics, Internal Auditor Requirrements, Responsibilities The composition of Internal Audit Division personnels as of
of Heads of Internal Audit Division, Internal Audit and December 31, 2025 is as follows.
Investigation Activities, Internal Audit Division Relationship
with External Auditors or Legal Experts, Limitation Policy and Table of Internal Audit Division Personnel Composition
Waiting Period, Reporting, Audit Devemopment, Audit Risk,
and Legal Protection. Position Total
Duties and Responsibilities of Internal Audit Division Junior Auditor 32
Auditor 22
Duties and Responsibilities of the Internal Audit Division,
namely: Senior Auditor 9
1. Plan and carry out Internal Audit activities with an emphasis
Acting AVP Sub Division Audit 2
on areas/activities that have high risk and evaluate existing
procedures/control systems to gain confidence that the AVP Sub Division Audit 1
goals and objectives of the Bank can be achieved optimally.
VP Internal Audit Division 1
2. Evaluating and having an active role in improving the
effectiveness of the internal control system on an ongong TOTAL 67
basis related to the implementation of bank operations that
are at risk of incurring losses. Competency Improvement Program for the Internal
3. Providing consultation services to internal parties to Audit Division
provide additional value and improvement to the quality
of control, risk management, and corporate governance as
long as it does not affect the independence and objectivity Training/
No. Type of Training/Certification
of internal audit, and adequate resources are available. Certification Date
4. Carry out steps in order to dig up information (investigation),
report, and submit recommendations/conclusions on fraud Certified Qualified Internal Auditor
February 17 - 26,
1 (QIA) Specifically for the Head of
to Management. 2025
SKAI
5. Provide recommendations on audit results and monitor
followup on the results of Internal Audit activities and Certified Practitioner Internal March 10-21, 2025
2
Auditor(CPIA) April 28-May 9, 2025
investigative activities.
Training on Forensic Audit and
3 March 13-14, 2025
Corruption Detection
Authority of The Internal Audit Division
Training on Implementation of
The Internal Audit Division has the authority to: Financial Control and Consolidation
4 June 13-14, 2025
within the Bank Business Group
1. Conducting Internal Audit activities and have full, free and Scope
unlimited access to records, information, employees, funds,
Training on Basic Capital Market and
assets, locations/ areas, and other resources related to the 5
Custodian Services
June 23-26, 2025
implementation of audits and consultations.
2. Communicating directly with the Directors, Board of Training on Fraud Detection System
6 June 25-26, 2025
(FDS) using AI and ML methods
Commissioners, Audit Committee, and Sharia Supervisory
Board.
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07 Governance
Training/ Certification Total
No. Type of Training/Certification
Certification Date
CDSS 3
30 - 31 July 2025 &
IcoFR (Internal Control over Financial
7 November 13 - 14, QIA 3
Reporting) Training
2025
Fraud Auditing 3
Training on Goods/Services
8 August 6, 2025
Procurement CISA 2
Data Analytic & Machine Learning September 15-19, CIPDPO 2
9
Operations 2025
CDA 2
Training on Effective Business
10 September 17, 2025
Presentation Skills CFrA 2
Data Protection Officer Training and September 22-26, ISO 27001 2
11
Certification 2025
ISO 20000 2
September 22-26,
12 Certified Ethical Hacker (CEH)
2025 ISO 37001 1
Anti-Corruption Training for
September 23-26,
13 Regionally-Owned Enterprises
2025
(BUMD)
Auditor Code of Ethics
September 27-28,
14 Structuring Credit & Credit Risk
2025 The Internal Audit Division must strive to be able to play a
Standardization and Identification of
role as a consultant for internal parties that need it, especially
15 November 6, 2025
Bank Notes regarding the scope of their duties. The Internal Audit Division
can provide responses to proposals for policies or new systems
Batch 1: November 10
– 15, 2025 and procedures to assess aspects of internal control so that in
Certified Professional Internal Batch 2: November its implementation its objectives can be achieved effectively
16
Auditor (CPIA) 17 – 22, 2025
Batch 3: December and efficiently.
15 – 20, 2025
With the involvement of the Internal Audit Division in this system
Talent DNA Test & Understanding
17 November 17, 2025 review, it does not mean that those things will be excluded as
For Leader
audit objects. The Internal Audit Division does not have the
22 - 23 November
18 Certified Basic Treasury Level 5
2025 authority or responsibility to carry out operational activities
of the Auditee.
Certified Data Science Specialist 24 - 28 November
19
(CDSS) 2025
Independence
Quality Assurance Improvement The Internal Audit Division has independence in carrying out
20 3 - 4 December 2025
Program (QAIP)
Internal Audit and investigative activities, expressing views
Training on Bank Product Licensing 11 - 13 December and thoughts in accordance with its profession and applicable
21
Process 2025 standards.
1. Management must provide full support for the functions of
Internal Audit Division Personnel Certification the Internal Audit Division in order to be able to carry out
their duties freely without interference from any party and
Certifications held by the Auditor as of December 31, 2025, management must follow up on the findings of the Internal
include: Audit Division.
2. Internal Auditors are able to express their views and
Certification Total thoughts without influence or pressure from any other
party.
CPIA 50 3. The Internal Audit Division has the freedom to determine
the audit methods, scope, methods, techniques and
CIAB 10
approaches to be carried out.
CEH 5 4. In managing Internal Audit Division personnel, with the
approval of the President Director and Head of the Internal
ITIL 5
Audit Division.
Procurement of Goods & Services 3
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Objectivity theJudgmental Sampling method by considering population
1. Internal Auditors and Investigators must have an and historic problem.
independent mental attitude in carrying out internal audit
and investigative activities. This mental attitude is reflected Audit techniques are carried out to obtain relevant evidentiary
in a complete, objective report and based on careful and material in order to compare the existing conditions
impartial analysis. (conditions) with the conditions that should be (criteria),
2. Internal Auditors and Investigators are free from conflicts including substantive tests on financial reports, interviews,
of interest over the object or activity being examined. verification, analysis, translation, reconciliation, inspections
If the Internal Auditor and Investigator have a conflict of and if necessary they can be carried out. confirmation to third
interest in the object or activity being examined, the person parties (Notary, KJPP, KAP, Bouwheer, etc).
concerned must state the connection and not be assigned
to carry out an audit of the object or activity in question. AUDIT ACTIVITIES IMPLEMENTATION IN 2025
Professionalism Audit activities in 2025 were conducted in line with the
Professionalism becomes a reference for the Auditor in Internal Audit Division’s Audit Work Plan for 2025 No.
carrying out his duties. For this reason the auditor must have 064/001/AUI/AUDITPLAN dated January 22, 2025. General
the attitude: Audit examinations were carried out at Conventional Branch
1. Integrity, mental attitude that is independent, honest, Offices, Sharia Branch Offices, Thematic Audits, Information
objective, diligent, reliable, decisive, trustworthy, avoids Technology Audits, and Clarification Audits in line with the
conflicts of interest and upholds the ethics and profession authority held.
of the Internal Auditor, including being wise and cautious
in using information obtained in carrying out tasks and not Meeting With The Board of Directors, Board of Commissioners,
use confidential information for personal interests or other and/or Audit Committee
things that could cause harm to the Bank (confidentiality
code). The Internal Audit Division has the authority to hold regular
2. Competencies in accordance with the required competency and incidental meetings with the Main Director, Board of
profile. Commissioners, Audit Committee and Sharia Supervisory
3. The ability to interact and communicate effectively both Board. Furthermore, the Internal Audit Division can attend
verbally and in writing. strategic meetings without having voting rights.
4. Obligation to comply with the Internal Auditor’s Code of
Ethics and the Internal Auditor’s Professional Standards for During 2025, the Internal Audit Division has attended meetings
the Internal Auditor and the Investigator’s Code of Ethics with the Board of Directors, Board of Commissioners, and/or
and Investigator’s Professional Standards for Investigators. Audit Committee, with the following details.
5. Obligation to maintain the confidentiality of company
information and/or data related to carrying out the duties
and responsibilities of the Internal Auditor unless required Number of
No. Information
by statutory regulations or court decisions/decisions. Meetings
Brief Report on The Implementation of Internal Audit 1. Audit Committee and Board of 6
Commissioners Meeting
Activities In 2025
2. Branch and Division Exit Meeting 29
AUDIT METHOD with the Board of Directors
The audit is carried out by a sampling method with a Risk Based Findings and Follow Up on Audit Results
Audit approach, namely an audit approach that begins with an
audit risk assessment process (risk profile), so that in planning, Internal Findings (General Audit 2025) Position 31 December
implementing and reporting the audit is more focused 2025
on important high-risk areas. The sampling method used
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07 Governance
Number of Number of
Branch Name Exit Meeting Date Total Completed % Monitor
Findings Monitoring
Probolinggo April 22, 2025 98 87 11 11,22%
Kediri April 23, 2025 156 155 1 0,64%
Bojonegoro July 9, 2025 173 108 65 37,57%
Sampang July 15, 2025 90 88 2 2,22%
Madiun July 23, 2025 231 208 23 9,96%
Kangean September 4, 2025 109 105 4 3,67%
Batu September 15, 2025 198 141 57 28,79%
Batam September 19, 2025 123 77 46 37,40%
Jakarta September 25, 2025 147 94 53 36,05%
Situbondo October 7, 2025 124 116 8 6,45%
Malang October 10, 2025 183 107 76 41,53%
Jember October 16, 2025 59 10 49 83,05%
Syariah Kediri October 20, 2025 86 74 12 13,95%
Banyuwangi October 21, 2025 212 96 116 54,72%
Pasuruan November 5, 2025 264 98 166 62,88%
Mojokerto November 20, 2025 222 60 162 72,97%
Syariah Sidoarjo November 27, 2025 154 53 101 65,58%
Sidoarjo November 27, 2025 122 21 101 82,79%
Syariah Surabaya November 28, 2025 113 83 30 26,55%
External Findings 2025
Finding Status
Number of Monitor
No External Parties
Findings Percentage
Has Been
Finished Monitor
Followed Up
1. OJK 329 0 176 153 46,50%
2. KAP – PUB 48 0 28 20 41,67%
3. BI – PUVA 82 0 73 9 10,98%
4. BI – LBUT Bulanan 21 0 8 13 61,90%
5. BI – LBUT Harian 10 0 7 3 30,00%
The Internal Audit Division must monitor and analyze and report the progress of the implementation of the follow-up improvements
that have been made by the Auditee. The followup includes:
1. Monitoring of follow-up implementation
Monitoring of follow-up implementation must be carried out so that progress can be known and can be reminded to the Auditee
if the auditee has not been able to carry out the commitment to improve before or until the promised time limit.
512 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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2. Analysis of adequacy of follow-up 4. Compliance with the follow-up to General Audit findings.
From the results of monitoring of follow-up implementation, If none of the progress of follow up occurs within 3 months,
an adequacy analysis was carried out on the realization of follow-up monitoring is submitted to Audit Policy Group
the promise of improvement that had been carried out by and Quality Control Audit Internal Division, and periodically
the auditee. Furthermore, a follow-up check needs to be coordinated with the Auditee regarding the follow-up
done if there are difficulties or obstacles that cause the development.
follow-up to be unable to be carried out properly. Every
time a followup is held, there is a follow-up evidence report
signed by the auditor and auditee. Corporate Risk Management Division
3. Follow-up Reporting
In its implementation, if the follow-up has not been fully Structure of Corporate Risk Management Division
fulAccorded By the Auditee, the Head of the Internal Audit
Division provides a written report to the President Director The Risk Management Division acts as the Risk Management
and the Board of Commissioners as well as a copy to the Work Unit of Bank Jatim consisting of several Sub Divisions,
Audit Committee and the Director of Compliance and Risk namely the Market, Liquidity and Company Risk Management
Management for further action. Sub Division, the Credit Risk Management Sub Division,
and the Operational Risk Management Sub Division which
are supervised by the Director of Risk Management. The
Organizational Structure of the Risk Management Division is
presented as follows:
Director of Risk
Management
Vice President of Risk
Management
Assistant Vice President
of Market, Liquidity, Assistant Vice President of Assistant Vice President Grup
and Corporate Risk Credit Risk Management Management Quality Assurance
Management Operational Risk Operation
Group Operational Risk
Middle Office Group
Credit Risk Policy Management Group
Market Risk IT Operational Risk
Credit Portfolio
and Liquidity Management & BCM
Management Group
Management Group Group
Integrated Fraud Detection
Enterprise Risk System Group
Management Group
Group
Internal Control of
Financial Reporting
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07 Governance
Duties and Responsibilities of the Corporate Risk 7. Review proposed new products and/or activities developed
Management Division by a work unit including the completeness of the systems
and procedures used and their impact on the overall risk
The duties and responsibilities of the Risk Management exposure of the Bank.
Division were as follows: 8. Provide recommendations to the risk-taking unit and/
1. Providing input to the Directors in preparing Risk or to the Risk Management committee regarding the
Management policies and strategies. implementation of risk management.
2. Develop procedures and tools for identification, 9. Evaluate the accuracy and validity of the data used to
measurement, monitoring and risk control. measure risk for Banks using models for internal Bank
3. Design and implement the tools needed in the purposes.
implementation of risk management. 10. Prepare and submit reports on Bank Soundness Level,
4. Monitor the implementation of Risk Management policies, Bank Risk Profile, KPMM in accordance with the Risk
strategies and frameworks recommended by the risk Profile to the main Director and the Director in charge of
management committee and approved by the Board of the risk management function.
Directors. 11. Carry out periodic reviews of the process of implementing
5. Monitor overall risk position or exposure, as well as per Risk Management.
risk, including monitoring compliance with established risk 12. Independent form risk taking unit in performing risk
tolerances and limits. management monitoring function. Monitoring function
6. Conduct Stress Testing to determine the impact of the aims to ensure that bank risk and portfolio have been well
implementation of risk management policies and strategies managed, such as by the determination of risk parameter
on the Bank’s overall portfolio or performance and limit.
Profile of Vice President of Risk Management Division
Wawan Budi Rachmanto
Acting VP of Risk Management
Indonesian citizen, domiciled in Probolinggo.
Born in Probolinggo in 1979. / Age 46 as of December 31, 2025
Educational • Bachelor of Computer Science, STIKOM Surabaya
background • Master Degree from UPN Veteran East Java
Certification Risk Management Certification Level 6
Position History
Work Experience Joined Bank Jatim in 2007, before occupying his current position, he served as:
• Probolinggo Branch Manager (2019)
• Kraksaan Branch Manager (2021)
• Jember Branch Manager (2022)
Basis of Since 2024, he has served as Acting Vice President of the Risk Management Division based on the Board of Directors’
Appointment Decree No. 063/0018/CPT/HCP/KEP dated December 31, 2024.
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Risk Management Competency Development
The competency development that has been followed by the Company’s Risk Management Division employees during 2025 is as
follows.
No Name of Education and Competency Development Execution time
Workshop on Climate Risk Stress Testing (Preparation for Reporting and Technical and Non-Technical
1 January 2025
Briefing)
2 Basic Islamic Banking Training (PDPS) February 2025
Preparation and Review of Liquidity Risk Management in Normal/Crisis Conditions Through the
3 February 2025
Internal Liquidity Adequacy Assessment Process (ILAAP)
4 Account officer development program (aodp) February 2025
5 Basic Islamic Banking Training (PDPS) February 2025
6 IMPLEMENTATION OF INTERNAL CONTROL OVER FINANCIAL REPORTING (icofr) February 2025
7 Basic Islamic Banking Training (PDPS) March 2025
8 Islamic financial planner March 2025
9 Basic Islamic Banking Training (PDPS) March 2025
10 SQL query training April 2025
11 Collateral appraisal April 2025
12 Operational knowledge for sub-branches May 2025
13 Improving understanding of gratification (kpk) May 2025
14 Collateral appraisal May 2025
15 Technical workshop on preparing climate risk management and scenario analysis (CRMS) reports June 2025
16 Technical Implementation of Control and Reporting within the KUB Scope June 2025
17 Basic training in capital markets and custodian services June 2025
18 Treasury For Operation Activities and Control July 2025
19 Collateral appraisal July 2025
20 Treasury For Operation Activities and Control July 2025
21 Personal data protection and self-print history account July 2025
22 In house training of self-print history account (spha) application July 2025
23 Internal Control over Financial Reporting icofr based on OJK Regulation Number 15 of 2024 July 2025
24 IMPLEMENTATION OF INTERNAL CONTROL OVER FINANCIAL REPORTING (icofr) August 2025
25 Commercial credit analysis and decision making training for businesses for branch office head September 2025
26 Budget preparation training September 2025
27 Training on effective business presentation skills September 2025
28 Risk management certification maintenance program level 5 September 2025
29 Risk management certification maintenance program level 4 September 2025
30 Risk management certification maintenance program level 5 October 2025
31 Risk management certification maintenance program level 4 October 2025
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07 Governance
No Name of Education and Competency Development Execution time
32 Internal auditor of anti-bribery management system (SMAP) SNI ISO 37001 2016 October 2025
33 Standardization and identification of banknotes October 2025
34 Risk management certification maintenance program level 5 October 2025
35 Risk management certification maintenance program level 4 October 2025
36 Climate risk stress test (crst) October 2025
37 Risk management certification maintenance program level 6 October 2025
38 Provision of JLDP 3 in 2025 October 2025
39 Risk management certification maintenance program level 6 October 2025
40 Managing and measuring credit risk October 2025
41 Financial derivatives essentials - a comprehensive guide November 2025
(Workshop & Discussion) “Risk Management-Building Risk Culture Understanding of Risk Culture and
42 November 2025
Its Critical Role in Shaping Organizational Behavior and Decision-Making”
43 IMPLEMENTATION OF INTERNAL CONTROL OVER FINANCIAL REPORTING (icofr) November 2025
Preparation of bank business plans (RBB) and corporate plans (corplan) for subsidiaries and
44 November 2025
associated companies
45 Talent dna November 2025
46 Training on Credit risk management November 2025
Public Training Digital Maturity, Artificial Intelligence, Cybersecurity, and Cyber Resilience “A
47 December 2025
Governance Essential Strategy”
48 Bank product licensing process December 2025
49 Risk Management Training and Certification Level 5 December 2025
50 Test of Risk management certification program level 5 December 2025
Risk Management Certification
The number of Bank employees who have obtained Risk Management Certification is as follows:
No Certification Position Total
COMMISSIONER 1
DIRECTORS 6
1 Risk Management Certification Level 7
SEVP 0
ECHELON 1 0
COMMISSIONER 2
SEVP 1
2 Risk Management Certification Level 6 ECHELON 1 25
ECHELON 2 34
ECHELON 3 2
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No Certification Position Total
COMMITTEE 1
ECHELON 1 0
ECHELON 2 73
3 Risk Management Certification Level 5 ECHELON 3 303
ECHELON 4 633
BASIC EMPLOYEES 2
EXECUTOR 17
COMMITTEE 3
ECHELON 3 2
4 Risk Management Certification Level 4
ECHELON 4 278
IMPLEMENTING 296
Implementation Duties of the Risk Management 15. Reviewing and updating Risk Limits.
Division in 2025 16. Implementation of Risk Management Application with
Members of the Bank Business Group
During 2025, the Risk Management Division has implemented 17. Implementation of Financial Services Authority Regulation
several initiatives/work plans to improve the implementation of Number 15 of 2024 concerning the Integrity of Bank
risk management, including: Financial Reporting
1. Improvement of Asset Quality and optimizing recovery 18. Implementation of Fraud Detecting System Phase 1
strategy by forming an Extra-Computerized Credit/ 19. Monitoring the achievement of the bank’s business plan by
Financing & Recovery Control Team and Re-Focusing continuously striving for improvement measures based on
Program the results of the Bank Soundness Level self-assessment.
2. Development of risk management tools such as the 20. Improving the quality of human resources through training
J-Credit Rating Application (an application for part of the programs, both Public Training and In-House Training, as
credit analysis process, mapping potential debtors/debtors well as Risk Management Certification.
to a risk grade in the retail, medium and corporate credit 21. Evaluating the results of testing the branch’s operational
segments) internal control system by Quality Assurance Operations.
3. Development of risk management information systems 22. Property credit scoring development
4. Implementation of Climate Risk Management & Scenario 23. Preparing an Industry Risk Rating (IRR) evaluation study as
Analysis (CRMS) a consideration for determining the target market in 2025.
5. Workshop on preparing the ILAAP (Internal Liquidity
Adequacy Assessment Process) Report Committee Under the Board of Directors
6. Update on Recovery Plan Document
7. Developing an Internal Stress Test The provisions related to the Board of Directors Committee
8. Joint Stress Test OJK – Bottom Up Stress Testing of Bank Jatim are stipulated based on the Board of Directors
9. Implementation of the risk culture program Decree Number 064/15/DIR/PSM/KEP dated June 19, 2025
10. Updating and preparing risk management policies, concerning the Organizational Structure and Work Procedures
including Main Policies and Activities, Standard Operating of PT Bank Pembangunan Daerah Jawa Timur Tbk. The Board
Procedures and Technical Instructions. of Directors Committee of Bank Jatim in 2025 is as follows:
11. Preparing Risk Studies for New and Existing Products/ 1. Asset Liability Committee (ALCO);
Activities. 2. Risk Management Committee;
12. Implementing the Risk Management Committee and the 3. Personnel Management Committee;
Credit/Financing Policy Committee. 4. Information Technology Committee;
13. Preparing and submitting Risk Management Reports 5. Credit/Financing Committee
individually and consolidated with members of the Bank a. Credit/Financing Implementation
Business Group (KUB) to the Regulator. b. Credit/Financing Recovery
14. Conducting a review of the Bank Soundness Level c. Credit/Financing Settlement Committee
assessment methodology. d. Credit/Financing Write Off
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e. Credit Line Committee
f. Term Loan Facility Committee
6. Credit/Financing Policy Committee;
7. Product and Network Committee, consists of 2 (two) Committees, namely:
a. Product Committee
b. Network Committee
8. Sustainability Committee.
Asset Liability Committee (ALCO)
In order to unify the decision making of assets and liabilities for the purposes outlined, a forum called the Asset Liabilities Committee
(ALCO) is needed. To minimize and eliminate the risks that occur in banks, especially Liquidity Risk, Interest Rates and Exchange
Rates, cooperation and active participation from the decision makers is necessary, both in terms of assets and liabilities. The
cooperation will succeed if each decision maker understands the role and its impact on overall business profits.
STRUCTURE AND MEMBERSHIP OF ASSET LIABILITY COMMITTEE (ALCO)
Position Accorded By Voting Rights Status
Chairman* President Director Have voting rights
Alternate Chairman 1* Vice President Director Have voting rights
Alternate Chairman 2* Finance, Treasury, and Global Services Director Have voting rights
Secretary* Treasury Vice President Have voting rights
Permanent Member 1. Micro, Retail & Sharia Business Director Has voting rights except for
2. Medium, Corporate Business, and Network Director the Compliance Director
3. IT, Digital and Operation Director
4. Risk Management Director
5. Compliance Director
All Senior Executive Vice Presidents (SEVPs) Have voting rights
All Vice Presidents who are not permanent members Have voting rights
Non-Permanent Member 1. VP of Human Capital; Does not have voting rights
2. VP of General Affairs;
3. VP of Internal Audit;
4. VP of Compliance & AML/AML/CFT/PPP/SPM;
5. VP of Policies and Procedures;
6. VP of Legal Affairs;
7. Internal and external sources (e.g., Economists, Branch Managers, Consultants/
Experts)
Notes :
The Chairman, Alternate Chairman 1, Alternate Chairman 2, and the Secretary also serve as Permanent Members of the ALCO.
DUTIES, AUTHORITY, AND RESPONSIBILITIES OF ASSET LIABILITY COMMITTEE (ALCO)
The duties, authorities and responsibilities of ALCO are:
1. Formulation of strategies and policies for the management and control of financial assets as well as Bank liabilities based on the
predetermined liquidity risk, interest rate risk and exchange rate risk controls.
2. Review the balance sheet structure on exposure assets and liabilities so that it is in line with the Bank’s Business Plan and
established risk limits.
3. Reviewing the latest developments and projections related to the state of the economy, interest rates, exchange rates and foreign
exchange to guide established policies
4. Conduct asset and liability pricing reviews to optimize the results of investment funds, minimize the cost of funds, and maintain
a balance sheet structure in accordance with the company’s ALMA strategy.
5. Evaluate, develop and determine the Asset & Liabilities Management position to ensure that the results of the risk taking position
are consistent with management objectives:
518 PT Bank Pembangunan Daerah Jawa Timur Tbk
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a. Liquidity Risk; TRAINING AND COMPETENCY DEVELOPMENT
b. Market Risk
• Interest Rate Risk; Training for Committee members from the Board of Directors
• Foreign Exchange Risk. is presented in the Training and/or Competency development
6. Evaluate and set the banking book portfolio strategy based Sub-Chapter for Board Members in the Corporate Governance
on the Bank’s Business Plan (RBB) and following current Chapter of this Annual Report.
conditions while still considering Liquidity Risk, Market
Risk, and Exchange Rate Risk. ASSET LIABILITY COMMITTEE (ALCO) INDEPENDENCE
7. Review and determine loan and fund interest rates STATEMENT
and list & terms of conditions in accordance with the
recommendations, studies and the authority of each All committee members had no affiliation with Other Directors,
division in charge; Commissioners or Controlling Shareholders, and they were not
8. Review and determine the Bank’s Liquidity Reserve position shareholders of the Company and could affect their ability to
strategy; act independently, Commissioners, Directors or employees of
9. Review and determine the gap position strategy and its companies that had affiliation or business with the Bank.
instruments;
10. Review and define strategies for foreign exchange positions ASSET LIABILITY COMMITTEE (ALCO) MEETING AND
and currencies; DUTIES
11. Determine the internal funds transfer rate or inter-office
account prices to boost efficiency in branch management. Meeting Policy
12. Reviewing the performance and position of the Bank’s The Bank regularly held ALCO (Asset & Liability Committee)
financial assets and liabilities to assess the impact of asset Meetings every month. The ALCO meeting agenda was led by
liability management on the Bank’s targets/objectives. the ALCO Chair and/or ALCO replacement Chair and attended
by ALCO members and invitees. The ALCO Meeting Forum had
PROFILE OF ASSET LIABILITY COMMITTEE (ALCO) fulfilled the meeting quorum in accordance with the provisions
MEMBERS or management policies related to the Committees under the
Board of Directors. The ALCO Meeting agenda of each Business
Profiles of members of the Asset Liability Committee (ALCO) Division was decided in the ALCO forum and was in accordance
can be seen in the Profiles of Directors and Profiles of Division with the pricing policy and the Bank’s business needs.
Leaders in the Company Profile Chapter in this Annual Report.
Implementation of Meetings
Throughout 2025, ALCO held 15 (fifteen) meetings with the
following details.
No Date Meeting Agenda Initiator Division Total Agenda Results Attendance
1 January 13, 2025 List of Term & Condition Kredit Micro Loan Division 1 Approved 95%
Mikro
2 February 17, 2025 1. Corporate Debtor Credit Corporate and 2 Approved 90%
Interest Rates Syndicated Medium-
Scale Loan Division
2. Provisions on the Authority to Institutional Relations Approved
Provide Special Rate Interest Division
on Time Deposits
3 February 25, 2025 1. List of Term & Condition Funding & Services Approved 83%
JConnect Mobile Division 2
2. List of Term & Condition Sharia Business Unit Approved
JConnect Mobile Division
4 March 12, 2025 1. List of Term & Condition LC/ International Banking 2 Approved 93%
SKBDN Division
2. List of Term & Condition Funding & Services Approved
Tabungan Division
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No Date Meeting Agenda Initiator Division Total Agenda Results Attendance
5 April 14, 2025 1. Corporate Debtor Credit Corporate and Approved 91%
Interest Rates Syndicated Medium- 3
Scale Loan Division
2. Retail Debtor Credit Interest Retail Loan Division Approved
Rates
3. Special Demand Deposit Funding & Services Approved
Interest Rate Division
6 April 22, 2025 1. Corporate Debtor Credit Corporate and 3 Approved 80%
Interest Rates Syndicated Medium-
Scale Loan Division
2. Consumer Credit Interest Consumer Loan Division Approved
Rates
3. Other Provisions Treasury Division Approved
7 May 16, 2025 Pricing and List of Terms & - Treasury Division 1 Approved 98%
Conditions Adjustment according - Corporate and
to Credit Segmentation Syndicated Medium-
Scale Loan Division
- Retail Loan Division
- Micro Loan Division
- Consumer Loan
Division
8 July 16, 2025 Delivery of PUVA implementation Treasury Division 1 Approved 80%
9 July 30, 2025 1. List of Terms & Conditions for Retail Loan Division Approved
Retail Credit 2 82%
2. List of Terms & Conditions for Micro Loan Division Approved
Micro Credit
10 August 22, 2025 Presentation of Economic Review Treasury Division No agenda - 83%
and Internal Review items were
proposed by
the Business
Division
11 September 15, 2025 1. Corporate Debtor Credit Corporate & Syndicated 2 Approved 90%
Interest Rates Medium Loan Division
2. List of Term & Condition for Digital Banking Division Approved
E-Channel
12 October 31, 2025 1. Interest Rates and List of Micro Loan Division Approved 95%
Terms & Conditions for Micro
credit 5
2. List of Terms & Conditions for Sharia Business Unit Approved
Sharia Credit Division
3. Consumer Credit Interest Consumer Credit Approved
Rates Division
4. Term Loan Facility Interest International Banking Approved
Rate Division
5. List of Terms & Conditions
for International Banking
Products
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No Date Meeting Agenda Initiator Division Total Agenda Results Attendance
13 November 14, 2025 1. Consumer Credit Interest Consumer Credit 2 Approved at 77%
Rates Division the next ALCO
meeting on
December 24,
2025
2. On Call Deposit Interest Rate Treasury Division Not yet
approved
(process
scheduled for
further ALCO
committee
review,
awaiting
update of
Deposit SOP)
14 December 19, 2025 1. Micro credit Interest Rates Micro Loan Division Approved 83%
2. Sharia Credit Interest Rates Sharia Business Unit 3 Approved
Division
3. Savings and Demand Deposit Funding & Services Approved
Interest Rates Division
15 December 24, 2025 Consumer Credit Interest Rates Consumer Credit 1 Approved 83%
Division
Risk Management Committee
The Risk Management Committee is established to maintain risk exposures at tolerable or profitable limits, so the Bank can conduct
its business activities and remain under control (manageable) based on the principle of prudence.
STRUCTURE AND MEMBERSHIP OF RISK MANAGEMENT COMMITTEE
The structure and membership of the Risk Management Committee are as follows.
Position Accorded By Voting Rights Status
Chairman President Director Have voting rights
Alternate Chairman 1 Vice President Director Have voting rights
Alternate Chairman 2 Risk Management Director Have voting rights
Secretary VP of Risk Management Does not have voting rights
Permanent Member Functional Director Have voting rights
Compliance Director Does not have voting rights
Seluruh Senior Executive Vice President Have voting rights
(SEVP)
Non-Permanent Members Related Vice President Does not have voting rights
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DUTIES, AUTHORITIES AND RESPONSIBILITIES OF THE 7. Delivering strategic issues that are in line with business
RISK MANAGEMENT COMMITTEE strategy and follow up on these issues that are discussed in
the previous Risk Management Committee and have been
The authorities and responsibilities of the Risk Management determined by the Division in charge.
Committee is to evaluate and provide recommendations to
the President Director regarding the implementation of risk RISK MANAGEMENT COMMITTEE MEMBERS PROFILE
management, including minimally as follows:
1. Drafting of risk management policies and its changes, Profiles of members of the Risk Management Committee can
including risk management strategies, level of risks be seen in the Profiles of Directors and Profile of Division
appetite and risk tolerance, risk management framework, Leaders in the Company Profile Chapter in this Annual Report.
and contingency plans to anticipate the occurrence of
abnormal conditions. TRAINING AND COMPETENCY DEVELOPMENT
2. Improving the risk management process periodically or
incidentally as a result of changes in the Bank’s external Training for Committee members from the Board of Directors
and internal conditions that affect the Bank’s capital is presented in the Training and/or Competency development
sufficiency, risk profile, and ineffective implementation of Sub-Chapter for Board Members in the Corporate Governance
Risk Management based on the results of evaluation. Chapter of this Annual Report.
3. Determination of policies and/or business decisions
that deviate from normal procedures, such as exceeding RISK MANAGEMENT COMMITTEE INDEPENDENCE
significant business expansion compared to the Bank’s STATEMENT
previously determined business plan or taking positions or
risk exposures that exceed predetermined limits. All committee members have no affiliation with Other
4. Submitting an assessment of the Bank’s Soundness Level Directors, Commissioners or Controlling Shareholders, are not
and company risk profile. shareholders of the Company which can affect their ability to
5. Determining overall limits, limits per type of risks, limits per act independently, Commissioners, Directors or employees of
functional activity including limits related to business and companies that have affiliation or business with the Bank.
other operations.
6. Deciding the level of risk appetite and risk tolerance.
MEETINGS AND IMPLEMENTATION OF RISK MANAGEMENT COMMITTEE TASKS
Throughout 2025, the Risk Management Committee held 8 (eight) meetings, with the following details.
Initiator Number of
No Meeting Date Meeting Agenda Results Presence
Division Agendas
1 January 23, 2025 1. Report on Bank Soundness Level Risk 3 Approved 92%
December 2024 Management
Division
2. Determination of Settlement Limits for Approved
Transactions Through Esteem
3. Determination of Limits on Authority to Approved
Approve Purchase/Sale of Securities
2 25 April 2025 1. Report on Bank Risk Profile Self- Risk 4 Approved 83%
Assessment for March 2024 Management
Division
2. Determination of Budget Loss Limit Approved
3. Determination of the Limits of Approved
Authority for Approval and Payment of
Procurement of Goods/Services and
Non-Product Costs
4. Determination of Bank Jatim 2025 Approved
RAS - 2025 RBB Adjustment
3 June 18, 2025 Determination of the Limits of Authority Risk 1 Approved 67%
for Approval and Payment of Procurement Management
of Goods/Services and Non-Product Costs Division
522 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Initiator Number of
No Meeting Date Meeting Agenda Results Presence
Division Agendas
4 July 29, 2025 1. Overview of the results of the OJK Risk 5 Approved 82%
Prudential Meeting regarding the TKB Management
period of December 2024 Division
2. Report on Bank Soundness Level Self- Approved
Assessment for June 2025
3. RAS for the Period of June 2025 Approved
4. Risk Issue for the Period of June 2025 Approved
5. Branch Risk Profile for the Period of Approved
June 2025
5 July 31, 2025 Determination of the Limits of Authority Risk 1 Approved 100%
for Approval and Payment of Procurement Management
of Goods/Services and Non-Product Costs Division
6 October 30, 2025 1. Report on Bank Risk Profile Self- Risk 6 Approved 100%
Assessment for September 2025 Management
Division
2. Submission of Risk Appetite Statement Approved
3. Risk Issue Approved
4. Branch Risk Profile for the Period of Approved
September 2025
5. Determination of Settlement Authority Approved at the next
Limits for Transactions through Esteem Komenko meeting on
at Head Office November 12, 2025
6. Limits on Approval and Payment Approved at the next
Authority for Procurement of Goods/ Komenko meeting on
Services and Non-Product Costs December 24, 2025
7 November 12, 2025 Determination of Settlement Authority Risk 1 Approved 100%
Limits for Transactions through Esteem at Management
Head Office Division
8 December 24, Limits on Approval and Payment Authority Risk 1 Approved 73%
2025 for Procurement of Goods/Services and Management
Non-Product Costs Division
Personnel Management Committee
The Personnel Management Committee was formed in order to obtain optimal results in deciding critical matters in the field of
Human Capital, both strategically, policies, and the Human Capital management system in line with the Bank’s Business Plan.
STRUCTURE AND MEMBERSHIP OF THE PERSONNEL COMMITTEE
The membership structure of the Personnel Management Committee is as follows:
Chairman President Director
Chairman President Director
Alternate Chairman Functional Director appointed by the President Director
Member All Functional Directors and SEVP overseeing the Human Capital Division
Secretary VP of Human Capital
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DUTIES, AUTHORITIES AND RESPONSIBILITIES OF THE 4. The duties, authorities and responsibilities of the Board of
PERSONNEL COMMITTEE Directors Committee in the field of disciplinary punishment
are to decide on disciplinary violation sanctions for
Komite Manajemen Kepegawaian memiliki tugas, wewenang employees with SEVP, Echelon 1 and Echelon 2 levels and
dan tanggung jawab antara lain: echelon levels below them if the violations are interrelated.
1. The duties, authorities and responsibilities of the Board
of Directors Committee are divided into 3 (three) areas TRAINING AND COMPETENCY DEVELOPMENT
consisting of:
a. Policy Area Training for Committee members from the Board of Directors
b. Career Management Area is presented in the Training and/or Competency development
c. Disciplinary Penalty Area Sub-Chapter for Board Members in the Corporate Governance
2. The duties, authorities and responsibilities of the Board of Chapter of this Annual Report.
Directors Committee in the policy field include:
a. Ensure that the main policies related to Human Capital PERSONNEL COMMITTEE MEMBERS PROFILE
activities are consistent and in line with the company’s
strategic planning (Corporate plan) Profiles of Personnel Management Committee Members can be
b. Establish and decide standard operating procedures in seen in the Profiles of Directors and Heads of Division in the
the field of Human Capital Company Profile Chapter in this Annual Report.
3. Duties, authorities and responsibilities of the Board of
Directors Committee in the field of career management STATEMENT OF INDEPENDENCE OF PERSONNEL
include: MANAGEMENT COMMITTEE
a. Deciding on the implementation of the official transfer/
promotion program at SEVP, Echelon 1 and Echelon 2 All committee members have no affiliation with Other
levels.. Directors, Commissioners or Controlling Shareholders, are not
b. Evaluating the Key Performance Indicators (KPI) of shareholders of the Company which can affect their ability to
individual officials with SEVP and Echelon 1 levels. act independently, Commissioners, Directors or employees of
companies that have affiliation or business with the Bank.
MEETINGS AND IMPLEMENTATION OF THE TASKS OF PERSONNEL MANAGEMENT COMMITTEE
Throughout 2025, the Personnel Management Committee held 17 (seventeen) meetings, with the following details:
Number of
No Meeting Date Meeting Agenda Initiator Division Results Attendance
Agendas
1 January 09, 2025 Board of Directors Committee Human Capital Division 1 Approved 100%
for Disciplinary Penalties
2 January 22, 2025 Board of Directors Committee Human Capital Division 1 Approved 100%
for Career Management
3 February 26, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
for Career Management
4 February 27, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
on Policy
5 February 24, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
for Disciplinary Penalties
6 March 7, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
for Disciplinary Penalties
7 May 20, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
for Career Management
8 August 4, 2025 Board of Directors Committee Human Capital Division 1 Approved 100%
for Career Management
9 August 5, 2025 Board of Directors Committee Human Capital Division 1 Approved 100%
for Career Management
10 August 12, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
for Disciplinary Penalties
524 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Number of
No Meeting Date Meeting Agenda Initiator Division Results Attendance
Agendas
11 August 26, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
for Disciplinary Penalties
12 September 19, Board of Directors Committee Human Capital Division 1 Approved 100%
2025 for Career Management
13 November 17, 2025 Board of Directors Committee Human Capital Division 1 Approved 100%
for Career Management
14 December 10, 2025 Board of Directors Committee Human Capital Division 1 Approved 71%
for Disciplinary Penalties
15 December 11, 2025 Board of Directors Committee Human Capital Division 1 Approved 100%
for Disciplinary Penalties
16 December 29, Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
2025 for Career Management
17 December 31, 2025 Board of Directors Committee Human Capital Division 1 Approved SIRKULER - 100%
on Policy
Information Technology Steering Committee
The Information Technology Committee is a part of IT governance that plays a role in providing recommendations by taking
into account efficiency factors and minimizing risks related to IT use. As a form of commitment from the Board of Directors and
management of Bank Jatim in active supervision of IT management, the IT Committee was established as a strategic steering and
oversight forum for Information Technology to ensure IT alignment with the Bank’s business strategy, IT risk control, and compliance
with regulatory provisions. The IT Committee is tasked with assisting the Board of Directors in establishing the Information Technology
Strategic Plan and policies related to IT use at the Bank.
STRUCTURE AND MEMBERSHIP OF INFORMATION TECHNOLOGY STEERING COMMITTEEE
Position Accorded by Voting Rights Status
Chairman President Director Have voting rights
Alternate Chairman Vice President Director Have voting rights
Vice Chairman IT, Digital and Operation Director Have voting rights
Secretary SEVP of Information Technology Have voting rights
Permanent Member 1. All Directors other than the Compliance Director who are non-permanent members of Have voting rights
the IT Committee
2. All SEVPs
3. All Vice Presidents, other than the VP who is a Non-Permanent Member of the IT
Committee
4. Leader in charge of Network Development
Vocational Member 1. Director of Compliance Does not have voting rights
2. Corporate Secretary
3. Vice President of Internal Audit
4. Vice President of Legal Affairs
5. Vice President Compliance & APU PPT PPP SPM
Invitation 1. Other Internal Bank Parties not related to the meeting agenda Does not have voting rights
2. Other External Bank Parties related to the meeting agenda
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DUTIES, AUTHORITIES AND RESPONSIBILITIES OF THE 8. Effectiveness of measures to minimize risks associated
INFORMATION TECHNOLOGY STEERING COMMITTE with the Bank’s investments in information technology;
9. Monitoring of information technology performance
The duties, authorities, and responsibilities of the IT Committee and efforts to improve such performance, including the
are to provide recommendations to the Board of Directors identification and measurement of the effectiveness and
concerning: efficiency of the implementation of information technology
1. Strategic IT Plan aligned with the Bank’s business security policies;
activity strategic plan. In providing recommendations, 10. Efforts to resolve various issues related to information
the Committee must consider factors such as efficiency, technology that cannot be effectively, efficiently, and
effectiveness, and other aspects, including: timely resolved by the Information Technology Work Unit
a. Roadmap to achieve needs supporting the Bank’s (SKTI); and
business strategy. The roadmap consists of the current 11. Adequacy and allocation of the Bank’s resources. In
state, the desired future state, and steps to be taken to the event that the Bank’s resources are insufficient
achieve the desired state. and the Bank intends to engage third-party services in
b. Required resources. the implementation of information technology, the IT
c. Benefits to be obtained when the IT Strategic Plan is Committee must ensure that the Bank has established the
implemented. necessary policies and procedures;
d. Constraints that may arise in the implementation of the 12. Conducting periodic evaluations of the implementation of
IT Strategic Plan. IT development that is being and will be developed.
2. Formulate the primary Information Technology policies,
standards, and procedures, including information security TRAINING AND COMPETENCY DEVELOPMENT
policy and risk management related to the use of
Information Technology in the Bank. Training for Committee members from the Board of Directors
3. Ensuring that all information technology activities and is presented in the Training and/or Competency development
implementation are in line with and comply with applicable Sub-Chapter for Board Members in the Corporate Governance
regulations; Chapter of this Annual Report.
4. Compliance between approved information technology
projects and RSTI; INFORMATION TECHNOLOGY COMMITTEE MEMBER
5. Determining the priority status of critical IT projects having PROFILE
a significant impact on the Bank’s operational activities, for
example, replacing core banking applications, production The profiles of the Information Technology Committee
servers, and network topology; members can be seen in the Board of Directors Profile and
6. Alignment between the implementation of information Executive Officers Profile sections in the Company Profile
technology projects and the agreed project plans. The IT Chapter in this Annual Report.
Committee must complement its recommendations with
the results of analyses of key IT projects to enable the STEERING INDEPENDENCE OF INFORMATION
Board of Directors to make decisions efficiently; TECHNOLOGY STEERING COMMITTEE
7. Alignment between the implementation of information
technology and the requirements of the management All committee members have no affiliation with Other
information system as well as the Bank’s business activities; Directors, Commissioners or Controlling Shareholders, are not
shareholders of the Company which can affect their ability to
act independently, Commissioners, Directors or employees of
companies that have affiliation or business with the Bank.
MEETINGS AND IMPLEMENTATION OF INFORMATION TECHNOLOGY STEERING COMMITTEE TASKS
Initiator Number of Committee
No Meeting Date Agenda Attendance
Division Agendas Results
1 December 3, 2025 1. RSTI 2024-2028 Information 6 Agendas Approved 100%
2. Progress on IT & Digital Directorate Technology
Operational
3. IT Achievement 2025
4. Digital Banking Achievement 2025
5. IT Security Achievement 2025
6. Proposals and Recommendations
526 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Credit/Financing Committee
The Credit/Financing Committee is an operational committee formed by the Board of Directors to evaluate and/or provide credit/
financing decisions for the amount and type of credit/financing determined by the Board of Directors by taking into account business
development without abandoning the principle of prudence including the rescue and settlement of credit/financing. The Credit/
Financing Committee consists of:
1. Credit/Financing Implementation Committee
2. Credit/Financing Recovery Committee
3. Credit/Financing Write-Off Committee
Several explanation to the Credit/Financing Committee were made in 2025, namely:
1. There is no Credit/Financing Settlement Committee at the Board of Directors Committee level, but there is credit/financing
settlement at the individual limit of the Vice President of Credit Collection and Recovery.
2. There is no Board of Directors Committee Level Credit Line Committee, but there is a Division Committee Level Credit Line
Committee.
3. There is no Term Loan Facility Committee at the Board of Directors Committee level, but there is a provision of Term Loan Facility
at the individual limit of the Vice President of International Banking.
STRUCTURE AND MEMBERSHIP OF THE CREDIT/FINANCING COMMITTE
Credit/Financing Implementation Committee Structure A1
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A1 President Director Vice President VP of Business VP of Credit Risk Quorum Number:
Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Micro, Retail & Sharia Risk Management Unit +
Business Director Director 3 (three) Risk Function
Members
Medium, Corporate IT, Digital &
Business, and Network Operations Director Mandatory Attendance :
Director 1. President Director;
2. Vice President Director/
Finance, Treasury & SEVP Information Director of Risk
Global Services Director Technology Management.
SEVP Mikro, Ritel &
Konsumer
Credit/Financing Implementation Committee A2
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A2 Micro, Retail & Sharia Vice President VP of Business VP of Credit Risk Quorum Number:
Business Director Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Medium, Corporate Risk Management Unit +
Business, and Network Director Minimum 3 (three) Risk
Director Function Members
Finance, Treasury & IT, Digital & Mandatory Attendance :
Global Services Director Operations Director 1. President Director;
2. Vice President Director/
SEVP Micro, Retail & SEVP Information Director of Risk
Consumer Technology Management.
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07 Governance
Credit/Financing Implementation Committee A3
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A3 Micro, Retail & Sharia Risk Management VP of Business VP of Credit Risk Quorum Number:
Business Director Director Division/VP of Analyst 2 (two) Business Function
Sharia Business Members
Medium, Corporate IT, Digital & Unit +
Business, and Network Operations Director Minimum 3 (three) Risk
Director Function Members
Finance, Treasury & SEVP Information Mandatory Attendance :
Global Services Director Technology 1. Director of Business Affairs;
2. Director of Risk
SEVP Micro, Retail & Management;
Consumer 3. SEVP of Micro Retail &
Consumer
Credit/Financing Rescue Committee A1
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A1 President Director Vice President VP of Business VP of Credit Risk Quorum Number:
Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Micro, Retail & Sharia Risk Management Unit/VP of Credit +
Business Director Director Collection & Minimum 3 (three) Risk
Recovery Function Members
Medium, Corporate IT, Digital &
Business, and Network Operations Director Mandatory Attendance :
Director 1. President director;
2. Vice President Director/
Finance, Treasury & SEVP Information Director of Risk
Global Services Director Technology Management.
SEVP Micro, Retail &
Consumer
Credit/Financing Rescue Committee A2
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A2 Micro, Retail & Sharia Vice President VP of Business VP of Credit Risk Quorum Number:
Business Director Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Medium, Corporate Risk Management Unit/VP of Credit +
Business, and Network Director Collection & Minimum 3 (three) Risk
Director Recovery Function Members
Finance, Treasury & IT, Digital & Mandatory Attendance :
Global Services Director Operations Director 1. Director of Business;
2. Vice President Director/
SEVP Micro, Retail & SEVP Information Director of Risk
Consumer / VP Business Technology Management.
Division
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Credit/Financing Rescue Committee A3
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A3 Micro, Retail & Sharia Risk Management VP of Business VP of Credit Risk Quorum Number:
Business Director Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Medium, Corporate IT, Digital & Unit/VP of Credit +
Business, and Network Operations Director Collection & Minimum 3 (three) Risk
Director Recovery Function Members
Finance, Treasury & SEVP Information Mandatory Attendance :
Global Services Director Technology 1. Director of Business;
2. Director of Risk
SEVP Micro, Retail & Management.
Consumer 3. SEVP of Micro Retail &
Consumer
Credit/Financing Settlement Committee A1
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A1 President Director Vice President VP of Business VP of Credit Risk Quorum Number:
Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Micro, Retail & Sharia Risk Management Unit/VP of Credit +
Business Director Director Collection & Minimum 3 (three) Risk
Recovery Function Members
Medium, Corporate IT, Digital &
Business, and Network Operations Director Mandatory Attendance:
Director 1. President director;
2. Vice President Director/
Finance, Treasury & SEVP Information Director
Global Services Director Technology
SEVP Micro, Retail &
Consumer
Credit/Financing Settlement Committee A2
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A2 Micro, Retail & Sharia Vice President VP of Business VP of Credit Risk Quorum Number:
Business Director Director Division/VP of Analyst 3 (three) Business Function
Sharia Business Members
Medium, Corporate Risk Management Unit/VP of Credit +
Business, and Network Director Collection & Minimum 3 (three) Risk
Director Recovery Function Members
Finance, Treasury & IT, Digital & Mandatory Attendance:
Global Services Director Operations Director 1. Director of Business;
2. Vice President Director/
SEVP Micro, Retail & SEVP Information Director of Risk
Consumer / VP Business Technology Management.
Division
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07 Governance
Credit/Financing Settlement Committee A3
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A3 Micro, Retail & Sharia Risk Management VP of Business VP of Credit Risk Quorum Number:
Business Director Director Division/VP of Analyst 2 (two) Business Function
Sharia Business Members
Medium, Corporate IT, Digital & Unit/VP of Credit +
Business, and Network Operations Director Collection & Minimum 3 (three) Risk
Director Recovery Function Members
Finance, Treasury & SEVP Information Mandatory Attendance:
Global Services Director Technology 1. Director of Business;
2. Vice President Director/
SEVP Micro, Retail & Director of Risk
Consumer / VP Business Management.
Division
Write-Off Committee A1
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A1 President Director Vice President VP of Credit VP of Credit Risk Quorum Number:
Director Collection & Analyst 3 (three) Business Function
Recovery Members
Micro, Retail & Sharia Risk Management +
Business Director Director Minimum 3 (three) Risk
Function Members
Medium, Corporate IT, Digital &
Business, and Network Operations Director Mandatory Attendance:
Director 1. President Director;
2. Vice President Director/
Finance, Treasury & SEVP Information Director of Risk
Global Services Director Technology Management.
SEVP Micro, Retail &
Consumer
Write-Off Committee A2
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A2 Micro, Retail & Sharia Vice President VP of Credit VP of Credit Risk Quorum Number:
Business Director Director Collection & Analyst 3 (three) Business Function
Recovery Members
Medium, Corporate Risk Management +
Business, and Network Director Minimum 3 (three) Risk
Director Function Members
Finance, Treasury & IT, Digital & Mandatory Attendance:
Global Services Director Operations Director 1. Director of Business;
2. Vice President Director/
SEVP Micro, Retail & SEVP of Information Director of Risk
Consumer Technology Management.
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Write-Off Committee A3
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A3 Micro, Retail & Sharia Risk Management VP of Credit VP of Credit Risk Quorum Number:
Business Director Director Collection & Analyst 2 (two) Business Function
Recovery Members
Medium, Corporate IT, Digital & +
Business, and Network Operations Director Minimum 3 (three) Risk
Director Function Members
Finance, Treasury & SEVP of Information Mandatory Attendance:
Global Services Director Technology 1. Director of Business;
2. Director of Risk
SEVP of Micro, Retail & Management;;
Consumer 3. SEVP of Micro, Retail &
Consumer
Credit Line Committee A1
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A1 President Director Vice President VP of International VP of Credit Risk Quorum Number:
Director Banking Analyst 3 (three) Business Function
Members
Micro, Retail & Sharia Risk Management +
Business Director Director Minimum 3 (three) Risk
Function Members
Medium, Corporate IT, Digital &
Business, and Network Operations Director Mandatory Attendance:
Director 1. President Director;
2. Vice President Director/
Finance, Treasury & SEVP of Information Director of Risk
Global Services Director Technology Management.
SEVP of Micro, Retail &
Consumer
Credit Line Committee A2
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A2 Micro, Retail & Sharia Vice President VP of International VP of Credit Risk Quorum Number:
Business Director Director Banking Analyst 3 (three) Business Function
Members
Medium, Corporate Risk Management +
Business, and Network Director Minimum 3 (three) Risk
Director Function Members
Finance, Treasury & IT, Digital & Mandatory Attendance:
Global Services Director Operations Director 1. Director of Business;
2. Vice President Director/
SEVP of Micro, Retail & SEVP of Information Director of Risk
Consumer Technology Management.
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Credit Line Committee A3
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A3 Micro, Retail & Sharia Risk Management VP of International VP of Credit Risk Quorum Number:
Business Director Director Banking Analyst 2 (two) Business Function
Members
Medium, Corporate IT, Digital & +
Business, and Network Operations Director Minimum 3 (three) Risk
Director Function Members
Finance, Treasury & SEVP of Information Mandatory Attendance:
Global Services Director Technology 1. Director of Business;
2. Director of Risk
SEVP of Micro, Retail & Management;
Consumer 3. SEVP of Micro, Retail &
Consumer
TLF Committee A1
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A1 President Director Vice President VP of International VP of Credit Risk Quorum Number:
Director Banking Analyst 3 (three) Business Function
Members
Micro, Retail & Sharia Risk Management +
Business Director Director Minimum 3 (three) Risk
Function Members
Medium, Corporate IT, Digital &
Business, and Network Operations Director Mandatory Attendance :
Director 1. President Director;
2. Director of Medium
Finance, Treasury & SEVP of Information Business, Corporate &
Global Services Director Technology Network;
3. Vice President Director/
SEVP of Micro, Retail & Director of Risk
Consumer Management.
TLF Committee A2
Business
Implementation Business Function Risk Function Risk Proposer/
Proposer/ Description
Committee Authority Authority Presentation
Presentation
COMMITTEE A2 Micro, Retail & Sharia Vice President VP of International VP of Credit Risk Quorum Number:
Business Director Director Banking Analyst 2 (two) Business Function
Members
Medium, Corporate Risk Management +
Business, and Network Director Minimum 2 (two) Risk Function
Director Members
Finance, Treasury & IT, Digital & Mandatory Attendance :
Global Services Director Operations Director 1. Director of Medium
Business, Corporate &
SEVP of Micro, Retail & SEVP of Information Network;
Consumer Technology 2. Vice President Director/
Director of Risk
Management.
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DUTIES, AUTHORITIES, & RESPONSIBILITIES OF THE 3. Provide guidance when a more in-depth and comprehensive
CREDIT AND FINANCING COMMITTEE credit/financing analysis is required; and
4. Determine the credit/financing plan, whether already
Duties restructured or not, from other financial institutions.
The Committee’s duty is to provide approval or rejection of 5. The Committee’s decision-making process must be
credit/financing in line with the authority limits or types of consistent and responsible.
credit/financing determined by the Board of Directors.
PROFILE OF CREDIT/FINANCING COMMITTEE MEMBERS
Responsibilities
The Committee’s responsibilities are as follows: The profiles of the Credit Committee Members can be seen in
1. Carry out duties primarily by approving or rejecting the Directors’ Profile and Executive Officers’ Profile sections in
requests for: the Company Profile Chapter of this Annual Report.
a. Credit/Financing;
b. Credit/Financing Restructuring; TRAINING AND COMPETENCY DEVELOPMENT
c. Credit/Financing Settlement;
d. Credit/Financing Write-Off; Training for Committee members from the Board of Directors
e. Credit Line; and is presented in the Training and/or Competency development
f. Term Loan Facility (TLF). Sub-Chapter for Board Members in the Corporate Governance
2. Reject requests and/or influence from parties with an Chapter of this Annual Report.
interest in the credit/financing applicant in order to grant
approval for: STATEMENT OF INDEPENDENCE OF THE CREDIT
a. Credit/Financing; COMMITTEE AND FINANCING
b. Credit/Financing Restructuring;
c. Credit/Financing Settlement; All committee members have no affiliation with other
d. Credit/Financing Write-Off; Directors, Commissioners, or Controlling Shareholders, are not
e. Credit Line; and shareholders of the Company who could influence their ability
f. Term Loan Facility (TLF). to act independently, and are not Commissioners, Directors,
or employees of companies that have affiliations or business
relationships with the Bank.
MEETINGS AND IMPLEMENTATION OF THE CREDIT/FINANCING COMMITTEE DUTIES
Credit/Financing Implementation Committee
Throughout 2025, the Credit/Financing Implementation Committee held 9 (nine) meetings.
Number of
No Meeting Date Meeting Agenda Initiator Division Result Attendance
Agenda
1 March 19, 2025 Financing Sharia Business Division 1 Agenda Agreed 100%
Implementation (A)
2 March 25, 2025 Credit Middle Corporate & 1 Agenda Agreed 100%
Implementation (A) Syndicated Credit Division
3 July 14, 2025 Credit Middle Corporate & 1 Agenda Agreed 100%
Implementation (A) Syndicated Credit Division
4 July 21, 2025 Credit Middle Corporate & 1 Agenda Agreed 100%
Implementation (A) Syndicated Credit Division
5 August 19, 2025 Credit Divisi Kredit Menengah 1 Agenda Agreed 100%
Implementation (A) Korporasi & Sindikasi
6 October 15, 2025 Credit Middle Corporate & 3 Agenda Agreed 100%
Implementation (A) Syndicated Credit Division
Financing Sharia Business Unit Division Agreed 100%
Implementation (A)
Credit Middle Corporate & Approved by the 100%
Implementation (A) Syndicated Credit Division follow-up committee
on December 18, 2025
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Number of
No Meeting Date Meeting Agenda Initiator Division Result Attendance
Agenda
7 December 18, Credit Middle Corporate & 1 Agenda Agreed 100%
2025 Implementation (A) Syndicated Credit Division
8 December 24, Credit Middle Corporate & 1 Agenda Not approved by the 100%
2025 Implementation (A) Syndicated Credit Division follow-up committee
on December 29,
2025
9 December 29, Credit Middle Corporate & 1 Agenda Not approved 100%
2025 Implementation (A) Syndicated Credit Division
Credit/Financing Recovery Committee
Throughout 2025, the Credit/Financing Rescue Committee held 4 (four) meetings.
Number of
No Meeting Date Meeting Agenda Initiator Division Result Attendance
Agenda
1 March 14, 2025 Credit Recovery (A) Middle Corporate & 1 Agenda Agreed 100%
Syndicated Credit Division
2 March 25, 2025 Credit Recovery (A) Middle Corporate & 1 Agenda Agreed 100%
Syndicated Credit Division
3 September 17, Credit Recovery (A) Middle Corporate & 2 Agenda Agreed 100%
2025 Syndicated Credit Division
Financing Recovery Sharia Business Unit Division Agreed 100%
(A)
4 December 18, Board of Directors Middle Corporate & 2 Agenda Agreed 100%
2025 Meeting for Credit Syndicated Credit Division
Rescue
Board of Directors Sharia Business Unit Division Agreed 100%
Meeting for
Financing Rescue
Credit/Financing Write-Off Committee
Throughout 2025, the Credit and Financing Write-Off Committee held 3 (three) meetings.
Number of
No Meeting Date Meeting Agenda Initiator Division Result Attendance
Agenda
1 July 31, 2025 Credit Collection & Recovery 1 Agenda Agreed 100%
Write Off Credit/ Division
Financing (A)
2 December 29, Credit Collection & Recovery 1 Agenda Agreed 100%
2025 Write Off Credit/ Division
Financing (A)
3 December 29, Credit Collection & Recovery 1 Agenda Agreed 100%
2025 Write Off Credit/ Division
Financing (A3)
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CREDIT/FINANCING POLICY COMMITTEE d. The truth of the implementation of the BMPK provisions;
e. Compliance with the provisions of laws and regulations
The Credit/Financing Policy Committee is a committee and other regulations in the implementation of the
established by the Board of Directors in the context of provision of credit or financing;
carrying out the function of overseeing policy implementation, f. Settlement of problematic credit or financing in
monitoring the development and condition of the credit accordance with that stipulated in the Credit or
or financing portfolio, and providing recommendations for Financing KPA; and
corrective actions. g. The bank’s efforts to meet the adequacy of the amount
of credit or financing write-off provisions;
STRUCTURE AND MEMBERSHIP OF THE CREDIT/
FINANCING POLICY COMMITTEE KKP has responsibilities at a minimum, including the following:
1. Submitting periodic written reports to the Board of
Directors with copies to the Board of Commissioners
Position Filled by regarding:
a. The results of supervision over the implementation and
Chairperson President Director execution of the Credit or Financing Product or Activity
Policies (KPA); and
Alternate Vice President Director
Chairperson b. The results of monitoring and evaluation regarding the
aforementioned matters
Secretary Vice President of Risk Management
2. Providing recommendations for corrective measures
Permanent A. Board of Directors: to the Board of Directors, with copies to the Board of
Members Have 1. President Director Commissioners;
Voting Rights 2. Vice President Director
3. Medium, Corporate & Network Business 3. In the event of deviations in the implementation of the
Director Credit or Financing Product or Activity Policies (KPA)
4. Micro, Retail & Sharia Business Director
5. Finance, Treasury & Global Services related to the fulfillment of Sharia principles, the report
Director shall also be submitted to the Sharia Supervisory Board.
6. Risk Management Director
7. IT, Digital & Operations Director
B. All SEVPs PROFILE OF MEMBERS OF THE CREDIT POLICY
COMMITTEE
Permanent Compliance Director
Members
Do Not Have Profiles of Credit Policy Committee Members can be seen in the
Voting Rights
Profiles of the Directors and Division Leaders in the Company
Non- 1. All Vice Presidents in Credit/Financing Profile Chapter in this Annual Report.
Permanent 2. Vice President of Internal Audit
Members 3. Internal and external resource persons (e.g.,
Do Not Have consultants) TRAINING AND COMPETENCY DEVELOPMENT
Voting Rights
Training for Committee members from the Board of Directors
DUTIES, AUTHORITY, AND RESPONSIBILITIES OF CREDIT is presented in the Training and/or Competency development
POLICY COMMITTEE Sub-Chapter for Board Members in the Corporate Governance
Chapter of this Annual Report.
The KKP has duties and authorities at a minimum, including the
following: STATEMENT OF INDEPENDENCE OF THE CREDIT POLICY
1. Providing input to the Board of Directors in the preparation COMMITTEE
of Credit or Financing Product or Activity Policies (KPA);
2. Overseeing that the Credit or Financing Product or Activity All committee members have no affiliation with other
Policies (KPA) are implemented and carried out in a Directors, Commissioners or Controlling Shareholders, are not
consequent and consistent manner, as well as formulating shareholders of the Company which could affect their ability
solutions in the event of obstacles or constraints in the to act independently, Commissioners, Directors and employees
implementation of the Credit or Financing Product or from companies that have affiliations or business with the Bank.
Activity Policies (KPA); and
3. Monitoring and evaluating: MEETINGS AND IMPLEMENTATION OF DUTIES OF THE
a. Development and quality of the credit or financing CREDIT POLICY COMMITTEE
portfolio as a whole;
b. The truth of the implementation of the authority to During 2025, the Credit Policy Committee held 7 (seven)
decide on credit or financing; meetings, with the following details.
c. The truth of the process of granting, development, and
quality of credit or financing given to parties related to
the Bank and certain large debtors;
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07 Governance
Initiator Number of
No Meeting Date Agenda Results Attendance
Division Agendas
Attendance
1 January 23, 2025 Evaluation of Allowance for Impairment Risk Management 1 Approved 92%
Losses (CKPN) Rates in 2025 Division
2 February 06, 2025 1. Amendment to the Board of Directors Risk Management 5 Approved 75%
Decree regarding Credit/Financing Division
Market Segmentation
2. Amendment to the Board of Directors Approved
Decree regarding the Structure of Credit
Committee Membership
3. Amendment to the Board of Directors Approved
Decree regarding the Credit/Financing
Approval Authority Limits (LKPK/P) of the
Credit Committee
4. Amendment to the Board of Directors Approved
Decree regarding the Credit/Financing
Approval Authority Limits (LKPK/P) for
Cash & Non-Cash
5. Amendment to the Board of Directors Approved
Decree regarding On The Spot (OTS)
Limits in the Credit/Financing Process
3 July 02, 2025 Implementation of the Credit/Financing Risk Management 1 Approved 100%
Committee based on the results of the Annual Division
General Meeting of Shareholders (AGMS) for
Fiscal Year 2024
4 November 27, 2025 Amendment to Credit/Financing Product Risk Management 1 Approved 82%
Activity Policies (KPA PAP) Division
5 December 03, Amendment to the Board of Directors Decree Risk Management 1 Approved 91%
2025 regarding the Credit/Financing Approval Division
Authority Limits (LKPK/P) for Cash & Non-
Cash
6 December 12, 2025 1. Amendment to the Board of Directors Risk Management 2 Approved 73%
Decree regarding the Credit/Financing Division
Approval Authority Limits (LKPK/P) of the
Credit Committee
2. Amendment to the Board of Directors Approved
Decree regarding On The Spot (OTS)
Limits in the Credit/Financing Process
7 December 30, Amendment to the Board of Directors Risk Management 1 Approved 100%
2025 Decree regarding Credit/Financing Market Division
Segmentation:
1. Proposed adjustment of the segmentation
value for medium and corporate credit/
financing
2. Addition of export/import credit product
schemes
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Product and Network Committee Sustainability Committee
PRODUCT COMMITTEE The Sustainability Committee is established as part of Bank
Jatim’s response to the evolving dynamics of the banking
The Product Committee is established to manage policies and industry, which emphasizes green economy principles and
oversee product monitoring, in order to ensure the successful social responsibility. The Committee is formed to strengthen
development and evaluation of products in a targeted manner cross-sectoral coordination and integrate sustainability
in accordance with the Bank’s business plan. In 2025, the functions into the organizational structure, focusing on
Product Committee has not yet conducted any activities, as accelerating sustainability programs from planning through
the provisions governing the Committee are currently being to policy evaluation based on Environmental, Social, and
updated in line with the transitional period of organizational Governance (ESG) principles, in order to ensure transparent
structure changes in 2025. and accountable non-financial performance reporting. In
2025, the Sustainability Committee has not yet conducted
NETWORK COMMITTEE any activities, as the provisions governing the Committee are
currently being formulated in line with the transitional period
The Network Committee is established as the decision- of organizational structure changes in 2025.
making body for the implementation of network development,
changes in status and/or closure of branch networks, as well
as determining the classification of Branch Offices and Sub-
Branch Offices. In 2025, the Network Committee has not
yet conducted any activities, as the provisions governing
the Committee are currently being updated in line with the
transitional period of organizational structure changes in 2025.
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Implementation of Governance In Provision 3. The Malus implementation procedure is carried out by
of Remuneration for Commercial Banks suspending or canceling the remuneration that is still
In Accordance with OJK Regulation 45/ suspended if certain conditions occur according to point 1
POJK.03/2015 above.
Basis of Remuneration Determination Remuneration and Nomination Committee
The basis for the preparation of the determination of The Board of Commissioners formed a Remuneration and
remuneration, namely: Nomination Committee which aimed to assist in carrying out
1. Law Number 40 of 2007 dated August 16, 2007 concerning its functions and duties in areas related to the remuneration
Limited Liability Companies. and nomination of members of the Board of Directors and the
2. Financial Services Authority Regulation Number 17/ Board of Commissioners. The remuneration and nomination
POJK.03/2023 dated September 14, 2023 concerning committee had duties and responsibilities, including:
Implementation of Governance for Commercial Banks. 1. Regarding the mandatory remuneration policy:
3. Financial Services Authority Regulation number 45/ a. Evaluating the remuneration policy based on
POJK.03/2016 dated December 23, 2016 concerning performance, risk, fairness and peer group, long-term
Implementation of Governance in the Provision of goals and strategies of the Bank, fulfillment of reserves
Remuneration for Commercial Banks. as stipulated in legislation and potential future bank
4. Financial Services Authority Circular Letter Number 40/ earnings;
SEOJK.03/2016 dated September 26, 2016 concerning b. Delivering evaluation results and recommendations
Implementation of Governance in the Provision of to the Board of Commissioners regarding the
Remuneration for Commercial Banks. remuneration policy for the Board of Directors and the
5. Financial Services Authority Regulation Number: 17 of Board of Commissioners to be submitted to the GMS.
2023 concerning Implementation of Governance for c. Delivering evaluation results and recommendations
Commercial Banks. to the Board of Commissioners regarding the overall
6. Deed of Establishment of PT Bank Pembangunan Daerah remuneration policy for employees to be submitted to
Jawa Timur Number 1 dated May 1, 1999. the Board of Directors;
7. Bank Jatim Articles of Association. d. Ensuring that the remuneration policy is in accordance
with applicable regulations.
Based on the application of the Financial Services Authority e. Conduct regular evaluations of the implementation of
Regulation POJK Number 45/POJK.03/2015 concerning the remuneration policies.
Implementation of Governance in Providing Remuneration for 2. Regarding the mandatory nomination policy:
Commercial Banks, Bank Jatim implemented governance in the a. Preparing and providing recommendations regarding
provision of remuneration which considered several aspects the system and procedure for selecting and / or
including bank ability and appropriateness, competitive, fair replacing members of the Board of Directors and
and based on risk could be accounted for and in accordance members of the Board of Commissioners to the Board
with the prevailing laws and regulations. The Company might of Commissioners to be submitted to the GMS;
postpone the provision of deferred variable remuneration b. Providing recommendations regarding candidate
(malus) or withdraw the variable remuneration that had been members of the Board of Directors and / or candidates
paid (clawback) to officials classified as Material Risk Taker for members of the Board of Commissioners to the
(MRT), with the following conditions: Board of Commissioners to be submitted to the GMS;
1. The Company may postpone the payment of deferred c. Providing recommendations regarding Independent
variable Remuneration (malus) to Material Risk Taker Parties who would become members of the audit
under certain conditions, namely: committee to the Board of Commissioners in
• The Bank experience bankruptcy. accordance with applicable regulations.
Namely a condition in which the Bank’s balance
sheet (Profit and Loss Statement) experiences a loss Scope of Remuneration Policy and its
(negative profit). Implementation
• There was a fraud committed by Material Risk Takers
that caused losses to the Bank. In relation to the enactment of OJK Regulation No. 45/
It is a condition where the MRT has been proven to POJK.03/2015 concerning the Implementation of Governance
have committed fraud through a decision that has in Providing Remuneration for Commercial Banks, Bank Jatim
permanent legal force (inkracht van gewijsde). has established a remuneration policy for the Company’s
2. Variable remuneration must be deferred at a certain Board of Directors, which was approved through the Board of
percentage determined by the Company. Commissioners’ Decree dated January 18, 2023, and the Board
538 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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of Directors’ Decree dated April 18, 2023, related to the Total Jatim also provided health facilities for employees and their
Reward policy for employees. The remuneration policy was families including inpatient care, outpatient care, childbirth,
the bank’s strategy in providing rewards to employees, which general check-ups, replacement of glasses and outpatient
were adjusted to the Bank’s ability to accommodate changes assistance programs for Bank Jatim pensioners.
in employee demographics, managing labor costs, and in order
to encourage the achievement of Bank Jatim’s business goals. Remuneration Adjustment Associated With
Bank Jatim remuneration was prepared with the aim of being Performance and Risk
able to attract, maintain, motivate, and increase employee
engagement in order to continuously provide optimal Bank Jatim provided remuneration that was variable in nature,
performance, support the vision, mission and strategy of Bank namely remuneration that was linked to performance and risks,
Jatim. including performance bonuses, production services, bonuses
and other forms of remuneration that could be equated with
Bank Jatim sets the remuneration into 2 (two), namely: this. Remuneration in the form of tantiem could be given in
1. Permanent Remuneration cash and in shares issued by Bank Jatim with the provisions
• Remuneration policies that are permanent in nature at stipulated in the Decree of the Board of Commissioners dated
least pay attention to: January 18, 2023.
Business scale, complexity, peer group, inflation,
financial conditions, capabilities, applicable laws, The Process of Preparing a Remuneration
and regulations. The fixed remuneration consists of Policy
an honorarium, housing allowance, Communication
Allowance, Holiday Allowance, Leave Allowance, The remuneration policy became one of the important factors in
Health Facilities/Costs, and other Facilities/Allowances obtaining and/or retaining competent and qualified employees,
determined by the Bank. This remuneration is unrelated executive officers, Directors and Board of Commissioners.
to performance. The remuneration policy became Bank Jatim’s strategy in
2. Variable remuneration providing rewards that were adjusted to Bank Jatim’s ability to
The variable component of remuneration is linked to accommodate changes in employee demographics, managing
performance and risk, including bonuses (tantiem) and labor costs, and in order to encourage the achievement of
other Facilities/Allowances determined by the Bank as Bank Jatim’s business goals. Bank Jatim remuneration was
remuneration provided based on performance. Tantiem is prepared with the aim of being able to attract, retain, motivate,
granted in the form of cash and shares or stock instruments and increase employee engagement in order to continuously
issued by Bank Jatim. provide optimal performance, support the vision, mission
and strategy of Bank Jatim. Bank Jatim remuneration policy
Performance Measurement Associated with formulation considered:
Remuneration 1. The creation of effective risk management.
• The remuneration policy had to be able to trigger an
Bank Jatim applied competency-based remuneration by increase in performance.
measuring performance related to remuneration including 2. Financial Stability;
a review of remuneration policies related to performance • The remuneration policy also considered inflation and
appraisal, methods of linking individual remuneration with the Bank’s financial condition.
Bank Jatim performance. Performance appraisal used a Key 3. Adequacy and capital of the Bank;
Performance Indicator (KPI) which consisted of an individual • The remuneration policy could maintain the continuity
performance assessment and each work unit. of the Bank’s business in order to be able to survive and
develop, and be able to compete in the global market
The application of the remuneration strategy was also carried and in its peer groups. The Bank’s capital adequacy
out by taking into account the performance of each individual included capital adequacy in order to comply with
employee (based on performance) and the performance of regulatory capital and the Individual Capital Adequacy
the work unit while still paying attention to the availability Assessment Process (ICAAP).
of the company’s budget. In general, Bank Jatim provided 4. Long-term and short-term liquidity needs;
remuneration to employees in the form of monthly salaries, • The remuneration policy had to consider the Bank’s
Overtime Allowance, Meal Allowance, Periodic Salary Increase, ability.
Holiday Allowance (THR), Annual Leave Pay, Extended Leave 5. Potential future income;
Allowance, Communication Allowance, Car Allowance Program • The remuneration policy had to be in accordance with
(CAP), Motor Allowance Program (MAP), Structural Allowance, the Bank’s long-term strategy.
Incentives, Performance Bonus, and Production Incentive. Bank
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Name of Extern Consultants and Duties of Highest and Lowest Salary Ratio
Consultants Related to Remuneration Policy
In determining the remuneration policy, the Bank collaborates Description Ratio
with Wilis Tower Watson, which is tasked with conducting
benchmarking and/or salary surveys in accordance with the Main Commissioner Salary with Other Commissioners 1,11 : 1
Bank’s request regarding the remuneration policy so that it can
President Director Salary with Other Directors 1,25 : 1
always follow developments in the labor market.
President Director Salary with Highest Employee
1,67 : 1
Salary
Remuneration Package and Facilities Received
by The Board of Directors and Board of Director Salary with Highest Employee Salary 1,33 : 1
Commissioners
Highest Employee Salary with Lowest Employee 21,09 : 1
The remuneration package and facilities received by the
Board of Directors and the Board of Commissioners have been Number of Recipients and Total Amount of
presented in the Sub-Title of Remuneration of the Board of Variable Remuneration Guaranteed Without
Commissioners and Directors of the Corporate Governance Condition
Chapter in this Annual Report.
Variable Remuneration Position Amount
Nominal (in IDR
millions)
Bank Jatim provides variable remuneration in the form of
performance bonuses, production services, tantiem and other Board of 4 people
5.350
Commissioners
forms of remuneration that can be equated with that.
Board of Directors 7 people 10.531
Number of Directors, Board of Commissioners
and Employees Receiving Variable
Remuneration During 1 (One) Year Number of Employees Affected By Termination
of Employment and Total Nominal of Severance
Pay Paid
Position Amount
During 2025, there were no employees affected by termination
Board of Commissioners 5 people of employment due to mergers, acquisitions, or business
downsizing.
Board of Directors 7 people
Employee 4.402 people Total Amount of Deferred Variable
Remuneration
Position and Number of Parties Who Are
Material Risk Takers Position Amount Nominal
Board of 4 people
240.000.000
Position Amount Commissioners
Board of Directors 7 people 909.000.000
Board of Commissioners 5 people
Board of Directors 7 people
Total Amount of Deferred Variable
Remuneration Paid During 1 (One) Year
Shares Options Owned by Directors, Board of
Commissioners, and Executive Officers
Position Amount Nominal
A description of the Shares Options Owned by the Board of
Directors, Board of Commissioners and Executive Officers is Board of 9 people
423.000.000
explained in the Performance-Based Long-Term Compensation Commissioners
Policy section of the Corporate Governance Chapter in this Board of Directors 10 people 1.082.000.000
Annual Report.
540 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Total Remuneration Provided in One Year
Position Amount Nominal
Board of Commissioners 4 people 9.609.000.000
Board of Directors 7 people 20.102.000.000
Quantitative Information
Total Deductions During the Reporting Period
Remaining Pending
Types of Variable Remuneration*)
(in IDR millions)
Caused Explicit Caused Implicit Total
Adjustment (A) Adjustment (B) (A)+(B)
Cash (in million rupiah) 2.532 - - -
Shares/share-based instruments issued by 878 - - -
the Bank (in shares and a nominal value of
millions of rupiah which is the conversion of
the said shares)
Total 3.409 - - -
Note: *) Only for MRT
Public Accountant Public Accountant Appointment
External Audit Function The audit of Bank Jatim’s financial statements ending
December 31, 2023 was carried out based on the Cooperation
Based on the Financial Services Authority Regulation No. 32/ Agreement Number First Party 062/137/DIR/AMK/PKS and
POJK.03/2016 concerning Amendments to Financial Services Number Second Party E095.XI/ADH/2023 Dated November
Regulation No. 6/POJK.03/2015 concerning Transparency 22, 2023 to PUBLIC ACCOUNTING FIRM (KAP) PAUL
and Publication of Bank Reports, an audit of the Bank Jatim HADIWINATA, HIDAJAT, ARSONO, RETNO, PALILINGAN &
Financial Statements for the 2023 financial year has been REKAN with an audit fee of IDR 1,175,000,000 (One Billion One
carried out by an independent, competent, professional, and Hundred Seventy Five Million Rupiah) including VAT.
objective public accountant following the Public Accountant
Professional Standards, as well as work agreements and scope Public Accounting Firm Services to Banks include:
established audits. 1. Independence Statement Letter to Bank Jatim
2. Inspection schedule including interim inspection schedule
For the audit process to follow the Professional Standards for 3. Independent Auditor’s Report on the Financial Statements
Accountants and work agreements and the audit scope that has for the period ended December 31, 2023 with comparative
been determined and completed according to a predetermined figures for the period ended December 31, 2022 in the form
time target, meetings are routinely held to discuss several of:
significant essential issues. Bank Jatim is always trying to a. Financial Position Statement;
improve communication between Public Accountants, the Audit b. Profit and Loss Statement and Other Comprehensive
Committee, and the management of Bank Jatim to minimize Income;
problems during the audit process. c. Statement of Changes in Equity;
d. Cash Flow Statement;
The appointment of a Public Accounting Firm and audit fees e. Publication Statement;
follow OJK Regulation No.13/POJK.03/2017 and OJK Circular f. Notes to the Financial Statements, including
Letter No. 36/ SEOJK.03/2017 and the resolutions of the information on commitments and contingencies;
Annual GMS. Public Accounting Firm and Public Accountant
(partner in charge) registered with the Financial Services
Authority
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g. Other reports in accordance with:
• Decision of the Chairman of the Capital Market and Financial Institution Supervisory Agency No: KEP-347/BL/2012
Regulation VIII.G.7 regarding the Presentation and Disclosure of Financial Statements by Issuers or Public Companies.
• Decision of the Board of Directors of PT Jakarta Stock Exchange No: Kep-306/BEJ/07-2004 regarding Regulation No.
I-E on the Obligation to Submit Information. This information must be presented in two versions, namely in both Bahasa
Indonesia and English (Bilingual), consisting of one (1) original and fifty (50) hard copies, including the soft copy.
4. Management Letter (ML) Report in Indonesian, 10 (ten) copies including softcopy.
5. Independent Auditor’s Report on compliance with laws and regulations and internal control in accordance with Auditing Standards
Statement (PSA) No. 62 in Indonesian, 10 (ten) copies including softcopy.
6. The results of the examination in the form of documents mentioned in the scope of Public Accountant Services for the Audit of
the Financial Report of PT Bank Pembangunan Daerah Jawa Timur, Tbk which ends on December 31, 2023, including the Sharia
Business Unit along with working papers including other documents related to the examination become the rights of PT Bank
Pembangunan Daerah Lawa Timur, Tbk.
7. PUBLIC ACCOUNTING FIRM (KAP) PAUL HADIWINATA, HIDAJAT, ARSONO, RETNO, PALILINGAN & REKAN has communicated
with the Financial Services Authority (OJK) to discuss the scope of the audit of Bank Jatim’s Financial Report ending on December
31, 2025.
Public Accounting Firms, Accountant Names and Audit Service Fees
Table of Public Accounting Firms, Accountant Names and Audit Service Fees.
Name of
Audit Service
Accountant
Year Public Accounting Firm PAF period AP Period Fee
(Partner in
(Million Rupiah)
Charge)
Paul Hadiwinata, Hidajat, Arsono, Retno,
2025 4rd Period Ary Daniel H 4rd Period 3.800*
Palilingan & Partner
Paul Hadiwinata, Hidajat, Arsono, Retno,
2024 3rd Period Ary Daniel H 3rd Period 1.875
Palilingan & Partner
Paul Hadiwinata, Hidajat, Arsono, Retno,
2023 2nd period Ary Daniel H 2nd period 1.175
Palilingan & Partner
Paul Hadiwinata, Hidajat, Arsono, Retno,
2022 1st period Ary Daniel H 1st period 1.121
Palilingan & Partner
2021 Kanaka Puradiredja, Suhartono 1st period Florus Daeli 1st period 1.300
Amir Abadi Jusuf, Aryanto, Mawar &
2020 1st period Bimo Iman Santoso 1st period 1.485
Partner (RSM Indonesia)
* The increase in audit service fees in 2025 was attributable to Bank Jatim’s obligation to prepare consolidated financial statements with 4 subsidiaries within the framework of
the KUB (BPD NTB Syariah, BPD NTT, BPD Sultra, and BPD Lampung).
Other Services Provided by Accountants
During 2024, there were no other services provided by accountants.
Internal Control System
In order to create and improve the quality of risk management implementation that supported the effectiveness of a riskbased Bank
supervision framework, Bank Jatim was required to have an Internal Control System (SPI) that was reliable and effective in managing
its risk which was determined by the Bank’s management on an ongoing basis, in order to:
1. Safeguard and secure the assets of the Bank.
2. Ensure the availability of more accurate reports.
3. Increase compliance with applicable regulations.
4. Reduce the financial impact or the impact of losses, irregularities including fraud and violations of prudential aspects.
5. Increase organizational effectiveness and increase cost efficiency.
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The Internal Control System (SPI) is a monitoring mechanism 4. The purpose of information was intended to ensure the
established by the management of Bank Jatim on an availability of complete, accurate, efficient, and timely
ongoing basis. An effective SPI is an essential component in reports required in order to make appropriate and
management and forms the basis for sound and safe Bank accountable decisions.
operational activities. Implementing an effective internal 5. Effectiveness and efficiency in the Bank’s business
control system can assist Bank management in safeguarding activities or operational objectives.
Bank assets, increasing Bank compliance with applicable 6. Operational objectives were intended to increase the
laws and regulations, and reducing the occurrence of losses, effectiveness and efficiency of the use of assets and other
deviations, and violations of prudential aspects. resources in order to protect the Bank from the risk of loss.
7. Increasing the effectiveness of the risk culture in the Bank’s
Implementing a reliable and effective internal control system organization as a whole or the objectives of the risk culture.
for the Bank is the responsibility of all risk-taker units, support 8. The objective of risk culture was intended to identify
units, and the Internal Audit Division. The internal control weaknesses and assess deviations early as well as to
system for risk refers to the overall internal control system, continuously assess the reasonableness of existing policies
which includes: and procedures in the Bank.
1. The Bank implements an effective internal control system
in implementing Risk Management regarding established Environment of Control
policies and procedures. Applying the principle of
segregation of functions (four eyes) is sufficient, and the The control environment provided direction for the organization
principle is implemented consistently. and affected the controlling awareness of the people within the
2. Comprehensive internal control system in the organization. Factors that influenced the control environment
implementation of Risk Management were integrity and ethical values, commitment to competence,
3. Implementation of a review of the implementation of Risk the Board of Directors and the Audit Committee, management
Management style and operating style, organizational structure, granting of
4. The results of the review assessment by the Company’s authority and responsibility, HR practices and policies.
Risk Management Division are submitted to the Board of
Commissioners, Internal Audit Division, Compliance and The adequacy of the Bank’s internal control was assessed
Risk Management Director, Audit Committee, and other based on the controls inherent in activities in accordance with
relevant Directors as input in order to improve the Risk the policies, systems and procedures implemented including
Management framework. activity control, physical control, compliance and limit
5. Improvements to the findings of internal and external audits provisions, reconciliation procedures, separation of functions
monitored by the Internal Audit Division. The Internal Audit and other elements of control.
Division informs audit findings that have yet to be followed
up to the Board of Directors to take the necessary steps. Risk Assessment
6. The level of responsiveness to weaknesses and/or
deviations that occur against the applicable internal and Measurement of Risk was the identification of entities and
external regulations. analysis of relevant risks to achieve their goals forming a
basis for discovering how risks should be managed. Bank Risk
Purpose Assessment became a series of activities to identify, measure,
monitor and control risks. Risk Assessment was carried out on
1. Compliance with statutory provisions and regulations or all types of risks inherent in the Bank’s processes / activities.
compliance objectives.
2. The objective of compliance was to ensure that all of the Bank-wide risk assessment was carried out by the risk
Bank’s business activities were carried out in accordance management unit (SKMR) on a quarterly basis as outlined in
with the laws and regulations, both those issued by the the Bank’s risk profile report. The assessment covered all
government, OJK, Bank Indonesia as well as internal risks faced by the Bank which included credit risk, market
policies, regulations and procedures stipulated by the risk, liquidity risk, operational risk, legal risk, reputation risk,
Bank. strategic risk and compliance risk.
3. The availability of financial and management information
that was complete, accurate, appropriate, and timely or
information purposes.
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Control Activities - Financial and Operational and credit administration & credit legal officers have been
Control separated. The subordinate credit analysts report to the credit
supervisor, while the business administration and legal officers
Controls were classified as policies and procedures related report to the Business Administration & Legal Supervisor.
to performance reviews, information processing, physical
controls, and segregation of duties. Physical Asset Control
Examination ensured the implementation of physical
Reviewing the performance of Branches and Supporting safeguards for Branch assets including physical numbers,
Branches compared to predetermined targets is routinely records and regular checks between physical and records, safe
carried out every 4 (four) months by the Board of Directors, placement of assets and arrangements for authorized officers
which was carried out on August 3, 2023 and August 4, 2023 including credit collateral documents, for example cash checks,
(Review Cawu II 2023). This will encourage control activities at inventories, physical checks of credit collateral, marketable
Branches and Sub-Branch Offices, especially regarding control papers and fixed assets.
of performance targets for Third Party Funds, Loans, Liquidity
Ratios, Earning Assets Quality, Earnings, Effectiveness, and Compliance With Other Laws and Regulations
Efficiency. However, in the event of a decline or failure to
achieve operational performance, the Board of Directors Control of compliance with laws and regulations is generally
coordinates the areas that cause the decline in performance carried out by the Compliance Unit. The Compliance Work
by making action plans for future improvements and intensive Unit must be independent and only responsible directly to
monitoring. the Director in Charge of the Compliance Function. The duties
and responsibilities of the Compliance Unit include, among
The Internal Audit Division also conducts an examination of the others, identifying, measuring, monitoring, and controlling
organizational structure at Branch Offices, Sub-Branch Offices, Compliance Risk with reference to OJK regulations governing
and Cash Offices based on sampling, which includes vacancies, the implementation of risk management for commercial
segregation of duties, concurrent positions, and competence of banks and OJK regulations governing the implementation
officers in carrying out operational activities during the General of risk management for Islamic commercial banks and sharia
Audit. business unit. In addition, the Compliance Unit also assesses
and evaluates the effectiveness, adequacy, and conformity of
Information System Control through TSI examination with the Bank’s policies, provisions, systems and procedures with
the scope of Information Technology (IT) Audit covering statutory provisions.
Management & Governance; Development & Operations
Process and Security Management. In addition, as an obligation In improving the effectiveness of controlling compliance with
to comply with regulatory authorities, thematic examinations laws and regulations, the Compliance Unit has carried out its
of the Indonesian National Standard ISO 27001:2013 duties, among others, to improve the culture of compliance
for Information Security Management System and ISO in work units both offline and online, and to continuously
20000:2018 for Core Banking System Service Management improve employee understanding on the applicable rules and
System, JConnet Internet Banking, JConnet Mobile Banking, regulations, identify, measure, monitor, and control compliance
and JConnet SMS Banking of Bank Jatim are conducted. The risk to minimize the occurrence of compliance risk by using
examination scope includes an assessment (gap analysis) of the an application that will be built through a web portal, as well
Bank’s internal policies and procedures against the Indonesian as developing a compliance portal so that it can function
National Standard ISO. effectively to support the performance of all work units. , as
well as integrating external requirements summary working
Documentation Control, ensured that: papers on the compliance portal.
a. Documentation of policies, procedures, systems,
accounting standards, and adequate audit trail processes Information and Communication
that are easily accessible to all Bank Jatim employees
through the Compliance Portal. Information and Communication became the identification,
b. Easy access to documentation if needed for examination capture and exchange of information in a form and time that
purposes. enables people to carry out their responsibilities. Strengthen
c. Adequate document accuracy and availability. effective communication channels with systems enabled the
information and communication distribution immediately and
Separation of Functions accurately to reinforce the understanding and implementation
The separation of functions was intended so that everyone in of internal control objectives, processes, and responsibilities
his position did not have the opportunity to commit and hide involving the Board of Commissioners, Management, related
mistakes or deviations in the implementation of his duties. the Divisions to employees, as designed to provide adequate
Branch organizational structure, the functions of credit analysis assurance about achievement the purpose of the Bank.
544 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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of bank operations, especially the implementation of
In carrying out its functions, internal audit as a strategic risk management, implementation of Good Corporate
partner for the Bank in achieving its activity objectives Governance in achieving the targets set by management,
always provided Assurance and Consultations that provided were sufficient, effective and safe. Mainly by taking steps,
added value to improve the Bank’s performance, internal including evaluating or updating policies and procedures,
audit had to be independent, objective, professional and had as well as evaluating the security of all business functions
adequate compensation and had the authority to gain access and applications and networks included in Business
to information complete in carrying out its duties, because this Continuity Management.
would provide assurance to the Bank regarding the quality and 4. Information and communication. Strengthening effective
effectiveness of internal control, risk management as well as lines of communication with a system that allowed the
governance processes and systems to protect the assets of the distribution of information and communication quickly
bank, the organization and the reputation of the Bank. and accurately to support the understanding and
implementation of internal control objectives, processes
Monitoring Activities and responsibilities involving the Board of Commissioners,
Management, related divisions and employees, which
Monitoring activity was a process that determined the quality were designed to provide adequate assurance about the
of internal control performance over time. Monitoring included achievement of company objectives.
determining the design and operation of controls in a timely 5. Monitoring. In order to ensure the quality of internal
manner and taking corrective action. To ensure the quality of control in a sustainable and periodic manner and that
internal control system sustainable and periodic has carried the necessary improvements had been made according
out and the necessary improvements in the making aligned to existing conditions, it was necessary to carry out
with existing conditions, particularly by continuous monitoring continuous monitoring (on going monitoring). Monitoring in
(ongoing monitoring). Passive/off-site inspection mechanisms the first line of defense is in the form of an Internal Control
or separate evaluation is centrally conducted by the Internal System attached to each risk taking unit, while monitoring
Audit Division Head Office with the observations, research, and carried out on the second line of defense in the first line of
analysis of bank functional activities and branch performance defense had to be carried out proactively and continuously
aims to obtain information in the shortest possible time and in each risk taking unit.
identifying Branch problems so it can take corrective action to
the responsible parties. Evaluation of Implementation of Internal Control
System
Compliance with The Committee of Sponsoring
Organizations of Tradeway Commission Internal The implementation of a reliable and effective internal control
Control Framework (COSO) system became the responsibility of all parties involved in the
Bank organization, among others, as follows:
1. Control environment. Control environment factors included 1. Board of Directors
ethical values and competence of people and entities, The Board of Directors of the Bank was responsible for
management philosophy and operating styles that prioritize creating and maintaining an effective internal control
integrity and corporate values which are implemented system as well as ensuring that the system run safely
in management control as a reference as a standard of and reliably in accordance with the internal control
corporate behavior. The Board of Commissioners also objectives set by the Bank. Meanwhile, the Director in
monitors the evaluation of the implementation of internal charge of compliance and risk management functions
control made by internal auditors and external auditors had to play an active role in preventing irregularities by
with the aim of ensuring that there are improvements to establishing policies related to the principle of prudence
bank problems that can reduce the effectiveness of internal and disseminating information to all employees.
control. Management also strives to place individuals with 2. Board of Commissioners
integrity, competence and effectiveness in their work (right The Board of Commissioners of the Bank was responsible
man in the right place). for supervising the implementation of internal control
2. Measuring risk (risk assessment). Management identified, in general, including the Board of Directors’ policies that
analyzed, and measured risks to ensure adequacy that the stipulate such internal control.
risks in a company were managed in accordance with the 3. Internal Audit Work Unit
risk appetite relevant to the business and operations of The Internal Audit Unit had to be able to evaluate and play
the bank in order to achieve the specified business plan, an active role in improving the effectiveness of the Internal
by establishing risk identification and risk management Control System on an ongoing basis with regard to the
criteria to produce reliable financial reports. implementation of Bank operations that had the potential
3. Control activities. Actions taken by management in the to cause losses in achieving the targets set by bank
context of internal control relating to the implementation management. In addition, Banks needed to pay attention
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07 Governance
to the implementation of an independent internal audit Risk Management
through adequate reporting channels, and the expertise
of the internal auditors in particular on the practice and Risk Management is a controlling risk activity through the
application of risk assessment. process of identifying, measuring, evaluating and monitoring
4. All Bank Officers and Employees to a portfolio in estimating potential losses that might occur.
Every bank officer and employee had to understand and Thus, the application of risk management was expected that
implement the internal control system established by the risks that had the potential to occur could be mitigated and
bank management. Effective internal control increased the minimized.
responsibilities of bank officers and employees, promote
an adequate risk culture and compliance culture, and Risk Management Framework
accelerate the identification process of unhealthy banking
practices and to the organization through an efficient early The implementation of Risk Management at Bank Jatim is
detection system. conducted in line with the Enterprise Risk Management (ERM)
5. External parties framework. This framework provides the basis for a proactive
External parties of the bank included the Financial Services and forward-looking risk management process to ensure the
Authority, Bank Indonesia, external auditors, and bank achievement of a healthy and sustainable business growth
customers with an interest in the implementation of a while comprehensively managing capital. Within the ERM
reliable and effective SPI of a bank. framework, risks are managed in an integrated manner through
aligning risk appetite with business strategies.
Results of the Internal Control System Evaluation conducted by
the Board of Directors through a review, namely the Board of The primary objective of implementing ERM is to enable the
Directors periodically (every quarter) reviews the operational Bank to achieve its business targets and plans while adhering
performance report of the Head of Work Unit (Branch Head) to the principle of prudence, maintaining good financial
through this review, evaluates findings such as the problem performance, and ensuring compliance with applicable
of weakness in the Internal Control System, Financial Report regulations. This is realized through the establishment of a
Errors or other irregularities (fraud). The evaluation results strong risk culture that serves as the foundation for control
show that the implementation of Bank Jatim’s internal control mechanisms within the ERM framework. Additionally, the Bank
system during 2025 has been effective and adequate. prepares risk mitigation measures to align risk exposure with
the predetermined risk appetite.
Statement of the Board of Directors and/or the
Board of Commissioners on the Adequacy of the The ERM framework refers to and aligns with the scope of risk
Internal Control System management set by the Financial Services Authority, which
includes, among other things:
The Board of Commissioners and the Board of Directors 1. Active oversight by the Board of Commissioners and
provide direction on the results of the audit report on the Directors.
Adequacy of the Internal Control System that has been 2. Adequacy of policies, procedures, and limit determinations.
carried out by the Internal Audit Division by holding regular 3. Adequacy of processes for risk identification, measurement,
coordination meetings regarding issues that are obstacles in monitoring, and control, as well as risk management
the Bank’s operations and achievement of bank performance information systems.
including discussions regarding the findings of Internal Audit 4. Comprehensive internal control systems.
within a certain period. Board of Commissioners and Directors
assess that the internal control system during 2025 has been In simple terms, ERM encompasses a “top-down strategic”
effective and adequate. and “bottom-up tactical” risk management approach that
complement each other. The main components within the ERM
framework are depicted in the following diagram:
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BANK JATIM’S BUSINESS STRATEGY AND OBJECTIVES
RISK APPETITE
Information Technology
Risk Management Process
Risk Culture
Risk Risk
Risk Monitoring Risk Control
Identification Measurement
Risk Management Infrastructure
Management Information
Human Resources Policies & Procedures
System
1. Risk Culture
The Bank integrates risk management as an inseparable part of its corporate culture and decision-making processes. The key
pillars in building and strengthening an effective risk management culture within the Bank include:
a. Management establishes a clear strategic direction and serves as a role model in implementing the principles of prudence,
integrity, and compliance. Risk values are internalized through consistent communication of the vision, strategy, and risk
appetite across all organizational levels.
b. Competency enhancement is carried out through continuous training, certification, and systematic knowledge sharing. A
two-way communication culture is fostered to ensure that every employee understands risk exposure and is encouraged to
communicate potential issues at an early stage (speak-up culture).
c. The Bank ensures the availability of adequate policies, procedures, methodologies, and risk management information
systems. This infrastructure supports the effective identification, measurement, monitoring, and control of risks, and is
integrated with business planning processes.
As part of its commitment to embedding a risk-aware culture, the Bank continuously implements various strategic initiatives,
including:
a. Consistently conveying messages and demonstrating exemplary conduct regarding the importance of risk management.
Alignment in the attitudes and strategic decisions of the Board of Directors and Executive Officers serves as the foundation
in shaping organizational behavior in line with the Bank’s risk appetite and business strategy.
b. The Bank periodically conducts training and socialization programs aimed at enhancing risk awareness and understanding.
These activities are designed to build early vigilance and strengthen the speak-up culture in addressing potential irregularities.
c. Risk-related information is communicated openly and continuously. Periodic reports are utilized to ensure that all lines of
defense understand risk exposure and their respective roles in risk control.
d. The Bank implements well-documented policies, procedures, and work guidelines as operational references. This approach
ensures that the processes of identifying, measuring, monitoring, and controlling risks are carried out consistently and
systematically in every decision-making process.
To further strengthen the risk culture, the Bank’s risk management implementation is embedded in the three lines of defense
philosophy, which integrates all operational risk management activities, starting from identification, assessment, control, and
reporting to Executive Officers, as well as oversight by the Board of Directors and the Board of Commissioners. The Board of
Commissioners and the Board of Directors are responsible for developing an organizational culture that is aware of operational risks
and fostering commitment in managing such risks in accordance with the Bank’s business strategy.
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2. Information Technology the Bank’s activities. Such structural alignment is crucial to
Bank Jatim considers information technology and ensure that all risk-taking activities remain within a sound
data management as strategic enablers in supporting and measurable governance framework.
the implementation of effective and integrated risk
management. In an increasingly complex and digitalized In the governance context, Bank Jatim implements
business environment, data quality and system reliability the principles of Good Corporate Governance (GCG),
are key factors in ensuring that every business decision is strengthened by the four eyes principle, thereby ensuring
made prudently, measured, and accountable. the effectiveness and consistency of the implementation of
the Enterprise Risk Management (ERM) Framework.
Technology and data constitute an integral part of the
Risk Management Information System, which continues 4. Risk Appetite
to be developed in line with business growth, increasing Risk Appetite is a fundamental element within the
product complexity, as well as regulatory and stakeholder Enterprise Risk Management framework that reflects the
requirements. level and types of risks the Bank is willing to assume in
achieving its strategic objectives and business targets.
The implementation of risk management information The determination of Risk Appetite is not static, but is
technology in the digitalization era plays a crucial role in periodically adjusted in line with changes in the business
supporting the organization in the processes of identifying, environment, growth direction, capital resilience, and
measuring, monitoring, and controlling risks effectively. liquidity capacity.
The Bank Jatim Risk Management Information System is The objective of the Risk Appetite framework is to ensure
designed to ensure: that the boundaries of acceptable risk-taking activities are
a. The system is capable of presenting risk exposure aligned with the Bank’s strategies and business plans, and
accurately, in a timely manner, and in an integrated to serve as guidance for all business units in daily decision-
way, both at the composite level and for each type of making.
risk. This information serves as the basis for monitoring
compliance with the established Risk Appetite and The Risk Appetite Statement is supported by the ERM
limits. Dashboard, which includes both quantitative and
b. Technology supports the monitoring of the qualitative indicators. These parameters and thresholds
implementation of risk policies, procedures, and are evaluated periodically, at least once a year, taking into
limits through structured risk monitoring dashboards. account developments in the Bank’s internal conditions,
Accordingly, potential breaches of limits can be external dynamics, business projections, as well as changes
promptly identified and followed up. in applicable regulations.
c. The system provides comparisons between realized
risk exposure and the parameters set in the Risk RAS reporting is conducted on a quarterly basis to the
Appetite Statement (RAS), enabling management to Board of Directors and the Board of Commissioners. In
undertake timely corrective actions in the event of such reports, each indicator is clearly presented with
deviations. status indicators to facilitate management in conducting
evaluations and making timely corrective decisions.
3. Business Strategy and Objectives
In implementing effective risk management, Bank Jatim 5. Risk Management Process
positions risk management as an integral part of the The objective of a good risk management process is to
strategy formulation process and the achievement of manage inherent risks in the Bank’s activities with the goal
business objectives. Growth strategies are not solely driven of providing sustainable added value to the entire Bank’s
by expansion and profitability targets, but also take into operations. The risk management process is conducted as
account the Bank’s risk capacity, risk appetite, and overall part of daily activities with the aim of ensuring that risks
risk profile. are considered, evaluated, and responded to in a timely and
appropriate manner.
In line with this, the Bank’s management is required to ensure a. Identification and Risk Assessment
that the organizational structure, business processes, To establish effective risk management, risks need
and control infrastructure are designed proportionally in to be clearly defined, proactively identified, and
accordance with the scale of operations, the complexity continuously assessed based on a forward-looking
of products and services, and the level of risks inherent in approach. Accurate identification and assessment
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2025
of risks focus on awareness and understanding of all In establishing competency standards and HR
major inherent risks in business activities or key risks placement, the Bank defines clear qualifications and
that may arise from external factors or uncertainties. competencies for each level of position related to risk
management, particularly within the Risk Management
The Bank conducts risk identification through the self Business Unit. The assignment of officers and staff to
assessment of the Risk Profile at the PRC branch as risk functions is carried out by considering business
a Risk Control Self-Assessment tool. This structured complexity and the need to strengthen oversight.
approach allows the First Line of Defense to identify
and assess key risks and controls, enabling them to plan As part of strengthening the risk culture, Bank Jatim
appropriate corrective actions to minimize existing risk consistently provides competency development
exposure. programs, including:
b. Risk Measurement • Internal and external training in accordance with
Risk measurement aims to gauge the Bank’s risk profile the needs of each work unit;
to obtain an effective overview of the implementation • Dissemination of applicable internal and external
of risk management by understanding the magnitude regulations
of risk in a product, portfolio, and activity, as well as its • Workshops to broaden insights and best practices;
impact on the Bank’s profitability and capital. • Internalization of risk culture (risk awareness)
c. Monitoring and Reporting across all organizational levels.
Risk monitoring aims to continuously evaluate risk
exposure and refine reporting processes when there Bank Jatim also implements a structured employee
are changes in the Bank’s business activities, products, rotation policy to broaden employees’ perspectives on
transactions, risk factors, information technology, various aspects of business and risk. This program aims
and risk management information systems that are to:
material. These risks are monitored and reported • Enhance cross-functional understanding;
periodically to ensure they remain within the Bank’s • Reduce potential operational risks and fraud;
risk appetite limits.
d. Risk Management and Control b. Management Information System
Risk management and mitigation are integral parts The Bank’s Risk Management Information
of the bank’s business, aiming to reduce risks to a System is developed as an integrated platform
manageable level and within the limits of risk appetite. capable of presenting risk information accurately,
comprehensively, and in a timely manner. This system
6. Risk Management Infrastructure plays an important role in supporting risk-based
The successful implementation of the Enterprise Risk decision-making across all levels.
Management Framework is highly dependent on the
adequacy and reliability of risk management infrastructure. The development of the Risk Management Information
This infrastructure serves as the foundation to ensure System is carried out on an ongoing basis by
that all processes of risk identification, measurement, strengthening aspects of information security,
monitoring, and control are carried out consistently, in an information technology governance, and cyber risk
integrated manner, and aligned with the Bank’s strategy control. These measures aim to maintain data integrity,
and Risk Appetite. ensure business continuity, and support the Bank’s
stability in addressing increasingly complex risk
Within Bank Jatim’s risk management framework, such dynamics.
infrastructure is built upon three main pillars, namely:
a. Human Resources (HR) c. Policies and Procedures
Bank Jatim recognizes that the effectiveness of risk The Bank has a comprehensive and well-documented
management is highly dependent on the competence risk management policy framework, which includes
and integrity of its employees. Therefore, the human the Bank’s Core Policies, Product & Activity Policies,
resource management system is conducted in Standard Operating Procedures, and relevant technical
an integrated manner, starting from recruitment guidelines. Through the strengthening of these policies
processes, competency development, to remuneration and procedures, the Bank ensures that all risk-taking
systems, all aligned with the business strategy.. activities are conducted within a clear and measurable
governance framework.
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Risk Management System
Based on the OJK Regulation Number 18/ POJK.03/2016 dated March 16, 2016, concerning Application of Risk Management
for Commercial Banks and OJK Circular Letter Number 34/SEOJK.03/2016 dated September 1, 2016, concerning Application of
Risk Management for Commercial Banks. Bank Jatim Risk Governance Structure was developed based on the Four Pillars of Risk
Management Implementation, namely:
1 2 Adequacy of Risk
Active Supervision of the
Management Processes and
Board of Directors and Board
Procedures and Determination
of Commissioners
of Risk Limits
4 Pillars
of Risk
Management Adequacy of Risk
Identification, Measurement,
Comprehensive Internal Monitoring, and Control
Control System Processes, as well as Risk
Management Information
4 3 Systems
Active Supervision of The Board of Commissioners and Directors
Implementing good corporate governance, the Board of Commissioners and the Board of Directors always carry out active supervisory
functions over all operational and strategic activities of the Bank. This supervision is carried out to ensure compliance with applicable
regulations and to optimize the Bank’s performance in facing the challenges of the dynamic financial industry. For this reason, the
Board of Commissioners and the Board of Directors must understand the Risks faced by the Bank and provide clear direction, carry
out active supervision and mitigation and develop a Risk Management culture within the Bank’s organization.
In order to support the implementation of Risk Management effectively, the Board of Directors is actively involved in the Risk
Management Committee and the formation of Committees within the Board of Commissioners structure such as the Risk Monitoring
Committee and the Audit Committee. The duties, responsibilities and authorities of the Board of Commissioners and the Board of
Directors are as follows:
Active Surveillance Duties, Responsibilities and Authorities
1. Ensuring that the implementation of Risk Management was adequate in accordance with the characteristics,
complexity and risk profile of the Bank.
2. Having a good understanding of the types and levels of risk inherent in the Bank’s business activities.
3. Approving the Risk Management policy including the Risk Management strategy and framework that was determined
in accordance with the Bank’s risk appetite and risk tolerance.
Board of Commissioners
4. Evaluating Risk Management policies and Risk Management Strategies at least 1 (once) a year or more frequently
when things occured that could significantly affect the Bank’s business activities.
5. Evaluating the accountability of the Board of Directors and provide direction for improvement on the implementation
of Risk Management policies on a regular basis to ensure that the Board of Directors manages the Bank’s activities
and risks effectively.
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Active Surveillance Duties, Responsibilities and Authorities
1. Ensuring that the implementation of Risk Management was adequate in accordance with the characteristics,
complexity and risk profile of the Bank.
2. Having a good understanding of the types and levels of risk inherent in the Bank’s business activities.
3. Prepare and establish written and comprehensive Risk Management policies, strategies and frameworks including
the determination of overall risk limits and per type of risk, taking into account risk appetite and risk tolerance in
accordance with the Bank’s conditions and taking into account the impact of risk on capital adequacy.
4. Formulating, determining, and periodically updating procedures and tools to identify, measure, monitor and control
risks.
5. Evaluating and/or updating policies, strategies, and Risk Management framework at least 1 (once) a year, or when
there were significant changes in factors affecting the Bank’s business activities, risk exposure, and/or risk profile.
6. Establishing an organizational structure including clear authorities and responsibilities at each level of position
related to the implementation of Risk Management.
7. Being responsible for implementing policies, strategies and Risk Management framework approved by the Board
of Commissioners and evaluating and providing direction based on reports submitted by the Company’s Risk
Management Division including reports on risk profiles.
8. Ensuring that all material risks and impacts arising from these risks had been followed up and submit an accountability
Board of Directors report to the Board of Commissioners periodically containing progress reports and material risk issues accompanied
by corrective steps that had been, were being, and would be carried out.
9. Ensuring the implementation of follow-up corrections for problems or irregularities in the Bank’s business activities
discovered by the Internal Audit Division.
10. Developing a Risk Management culture including risk awareness at all levels of the organization, including adequate
communication to all levels of the organization regarding the importance of effective internal control as evidenced in:
a. Minutes document attached with attendance list of meeting participants, if communicated through the meeting
forum;
b. Paper documents/handouts or other materials if communicated through education and training forums,
accompanied by a list of attendees.
11. Ensuring adequate financial support and infrastructure to manage and control risks.
12. Ensuring that the Risk Management function had been implemented independently by means of a separation of
functions (four eyes principle) between the Company’s Risk Management Division which identified, measured,
monitored and controlled risks with the Internal Audit Division and the risk taker unit.
13. Conduct periodic reviews to ensure the accuracy of risk assessment methodology, the adequacy of the implementation
of risk management information systems and the appropriateness of Risk Management policies and procedures as
well as the determination of risk limits.
Carrying out the function of implementing effective Risk Management, the Board of Directors is assisted by the Risk Management
Work Unit (SKMR) in carrying out the functions of risk identification, risk measurement, risk mitigation and risk control.
Adequacy of Policies and Procedures and Risk Limit Determination
Bank Jatim has a Risk Management Policy that is used as the main guideline in implementing risk management and must be in line
with the Bank’s vision and mission. For more specific business areas, Bank Jatim has more specific policies and procedures, for
example in the fields of credit, treasury, and operations. These policies and procedures include, among others, the determination of
limits for each activity, both at the portfolio and transactional levels.
All Policies and Procedures at Bank Jatim are evaluated and updated at least once a year. In accordance with SEOJK 34/
SEOJK.03/2016 concerning the Implementation of Risk Management for Commercial Banks, in order to support effective risk
control, the policies and procedures owned by the Bank must be based on a Risk Management strategy by considering the level of
risk to be taken (risk appetite).
Risk Appetite is the type and level of risk that can be taken or faced by the Bank, which is within the risk capacity owned in order to
achieve the bank’s business goals. Bank Jatim’s risk appetite is articulated in the form of a Risk Appetite Statement (RAS) which is a
formal guideline in the risk-taking process to achieve business targets. RAS is important because it will provide clear and consistent
direction to all levels of Bank Jatim regarding the Bank’s risk-taking capabilities.
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Adequacy of Risk Identification, Measurement, - Individual risk factors.
Monitoring and Control Processes and Risk - Overall risk exposure as well as per Risk, taking into
Management Systems account the relationship between Risks.
- All risks inherent in all transactions and Bank
Bank Jatim run the Identification, Measurement, Monitoring products, including new products and activities,
and Risk Control Process, as well as a Risk Management and can be integrated into the Bank’s management
System through an Enterprise Risk Management (ERM) information system.
framework. Risk control policy guidelines provided an adequate c. The risk measurement method was carried out
reference for the identification and measurement process quantitatively and/or qualitatively according to the
of risk. In measuring the risk profile of each Bank activity, at characteristics and complexity of business activities.
the initial stage the Bank identified risks by recognizing and The measurement methods were in the form of methods
understanding all inherent risks. After the risk identification stipulated by the Financial Services Authority in the
was carried out, the measurement and risk monitoring was then framework of risk assessment and capital calculation
carried out. This risk measurement was intended so that the as well as methods that were developed by the Bank
Bank was able to calculate the risk exposure inherent in each itself.
activity so that the impact on the Bank’s performance could be d. The Risk measurement system was evaluated and
estimated. refined periodically or from time to time as necessary
to ensure the suitability of assumptions, accuracy,
Periodically evaluating risk exposures, especially those that fairness and data integrity, as well as the procedures
were material in nature and or that had an impact on the used to measure Risk.
Bank’s performance. The results of monitoring, which included e. Stress tests were carried out to complement the
evaluation of risk exposures, were reported in a timely, risk measurement system by estimating the Bank’s
accurate and informative manner which would be used to make potential losses in abnormal market conditions using
decisions, including the necessary follow-up actions to monitor certain scenarios in order to see the sensitivity of the
risks. Bank’s performance to changes in risk factors and to
1. Risk Identification identify influences that had a significant impact on the
Proactive risk identification covered all business activities Bank’s portfolio.
of the Bank and was carried out in order to analyze the f. The Bank performed stress testing periodically and
sources and likelihood of risks and their impacts. Risk reviews the stress testing results and takes appropriate
identification was carried out periodically by using a steps if the predicted conditions that would occur
method or system to identify risks in all products and exceed an acceptable tolerance level. The results were
business activities of the Bank. used as input when setting or changing policies and
limits.
The risk identification process was carried out by analyzing
all risk sources that were at least carried out on the risks 3. Risk Monitoring
from the Bank’s products and activities and ensuring a. The Bank had a monitoring system and procedure
that the risks from new products and activities had gone which included monitoring the amount of risk
through a proper Risk Management process before being exposure, risk tolerance, internal limit compliance, and
introduced or implemented. the results of stress testing as well as the consistency
of implementation with established policies and
2. Risk Measurement procedures.
a. The risk measurement system was used to measure b. Monitoring was carried out both by the risk taker unit
the Bank’s risk exposure as a reference for exercising and by the Company’s Risk Management Division.
control. Risk measurement was carried out regularly c. Monitoring results were presented in periodic reports
for both products and portfolios as well as for all Bank submitted to Management in the context of risk
business activities. mitigation and the necessary actions.
b. The risk measurement system can measure: d. The Bank prepared an effective back-up system
- The sensitivity of the product / activity to changes and procedures to prevent disruptions in the risk
in the factors that influence it, both under normal monitoring process, and conducts regular checks and
and abnormal conditions. reassessments of the back-up system
- The trend of changes in these factors is based on
past fluctuations and their correlation. 4. Pengendalian Risk Control
a. The Bank had an adequate risk control system by
referring to the established policies and procedures.
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b. The risk control process implemented by the Bank was j. The Bank administers and updates system
adjusted to the risk exposure as well as the level of risk documentation, which includes hardware, software,
to be taken and risk tolerance. Risk control was carried database (database), parameters, process stages,
out by the Bank, among others by means of hedging assumptions used, data sources, and resulting outputs
mechanisms, and other risk mitigation methods such to facilitate inherent control and implementation of
as issuing guarantees, asset securitization and credit audit trails.
derivatives, as well as increasing Bank capital to absorb
potential losses. Internal Controling System
5. Risk Management System
a. The Risk Management System is part of the The Internal Control System (SPI) became a supervisory
management information system owned and developed mechanism established by the management of Bank Jatim on
by the needs of the Bank to implement effective risk an ongoing basis. Effective SPI was an important component in
management. management and forms the basis for sound and safe operational
b. As part of the risk management process, a risk activities of the Bank. The effective implementation of the
management system is used to support the internal control system could assist the Bank’s management
implementation of risk identification, measurement, in safeguarding the Bank’s assets, improving the Bank’s
monitoring, and control processes. compliance with the prevailing laws and regulations, and
c. The Risk Management System and the resulting reducing the occurrence of losses, deviations and violations of
information are adapted to the characteristics and prudential aspects.
complexity of the Bank’s business activities and are
adaptive to changes. The implementation of a reliable and effective internal control
d. The adequacy of the scope of information generated system of the Bank was the responsibility of all risk taker units,
from the risk management system is reviewed support units, and the Internal Audit Division. The internal
periodically to ensure that the coverage is adequate control system for risk refers to the overall internal control
by developments in the level of complexity of business system which included:
activities. 1. The Bank implemented the internal control system
e. As part of the risk management system, risk effectively in the application of Risk Management by
profile reports are prepared periodically by the risk referring to the established policies and procedures. The
management division, independent of the work units application of the four eyes principle had been adequate
conducting business activities. The frequency of and consistently implemented.
submitting reports to the relevant Directors and the 2. Comprehensive internal control system in the application
Risk Management Committee is increased as needed, of Risk Management
significantly when market conditions change rapidly. 3. Implementation of a review of the implementation of Risk
f. The Risk Management System supports reporting to Management.
the Financial Services Authority. 4. The results of the review assessment by the Company’s
g. In developing new information system technology and Risk Management Division were submitted to the Board
software, the Bank ensures that implementing the new of Commissioners, Internal Audit Division, Compliance
information system and technology will maintain the and Risk Management Director, Audit Committee, and
continuity of the Bank’s information system. other relevant Directors as input in improving the Risk
h. If the Bank decides to outsource Employees in Management framework.
software development and system improvement, 5. Improvements to the results of internal and external audit f
the Bank ensures that the decision to appoint a third indings monitored by the Internal Audit Division. The audit f
party is carried out objectively and independently. indings that have not been followed up are informed by the
The outsourcing agreement/contract includes Internal Audit Division to the Board of Directors to take the
clauses regarding maintenance and updating as well necessary steps.
as anticipatory steps to prevent disruptions that may 6. The level of responsiveness to weaknesses and / or
occur in its operations. deviations that occured against applicable internal and
i. Prior to implementing the new management information external regulations.
system, the Bank conducts tests to ensure that the
processes and resulting outputs have gone through
an effective and accurate development, testing, and
reassessment process, and the Bank ensures that
the system can access historical accounting and
management data/ the new software is acceptable.
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Internal Control Over The Financial Reporting financial reporting process, ensure compliance with prevailing
Process laws and regulations in the financial reporting process, and
ensure that Financial Statements are prepared in accordance
Internal Control over the Financial Reporting Process (PIPPK) with financial accounting standards and Financial Services
or Internal Control Over Financial Reporting (ICOFR) is a Authority regulations regarding the recording of financial
process designed to provide reasonable assurance that transactions.
financial statements are prepared reliably and are free from
material misstatement, thereby providing greater assurance to This report acknowledges the inherent limitations that
users of financial statements. PIPPK may not prevent or detect all potential misstatements.
Challenges to control effectiveness may increase in the
In accordance with OJK Regulation No. 15 of 2024 concerning future, in line with the increasing volume of the Company’s
Bank Financial Reporting Integrity, the Bank is required to transactions, rapid changes in business processes, and the
have a financial reporting process with integrity to ensure the potential decline in personnel compliance levels.
validity, accuracy, and transparency of financial information
and financial statements produced. Accordingly, Bank Jatim In conducting the evaluation, the Company used the criteria set
updated the Financial Reporting SOP pursuant to Decree No. forth in the Internal Control – Integrated Framework issued by
064/03/01/DIR/AMK/KEP dated January 9, 2025. the Committee of Sponsoring Organizations of the Treadway
Commission (COSO). The Bank identified and evaluated that
In addition, Bank Jatim established a Special Work Unit (UKK) there were no significant deficiencies; therefore, We conclude
responsible for preventing fraud or manipulation in information that the internal control over the financial reporting process
and/or Financial Statements of Commercial Banks through as of December 31, 2025, has been adequately designed and
Decree No. 064/020/DIR/MRS/KEP dated April 8, 2025, which effectively implemented.
was subsequently updated through Decree No. 064/064/DIR/
MRS/KEP dated November 25, 2025, designating the Risk Management is committed to continuously improving the
Management Division as the Special Work Unit (UKK) related to internal control process and will continue to review and monitor
internal control over financial reporting. controls over financial reporting and related procedures to
ensure compliance with applicable regulatory requirements
Internal Control Over Financial Reporting and to maintain the integrity of the Company’s financial
Management Report reporting process.
The Board of Directors of Bank Jatim is responsible for the Implementation of Risk Management within The
implementation of adequate Internal Control over the Financial Bank Business Group
Reporting Process (PIPPK). PIPPK is a process designed under
the supervision of the Directors and executed by all members Bank Jatim performs its function as the parent company
of the Board of Directors, Management, and other personnel of the Bank Business Group (KUB) based on POJK No. 12/
of the Bank, to provide reasonable assurance regarding POJK.03/2020 concerning Commercial Bank Consolidation,
the reliability of financial reporting and the preparation of with risk management implementation referring to POJK No.
consolidated financial statements for external reporting 38/POJK.03/2017 concerning the Implementation of Risk
purposes in accordance with the Statements of Financial Management on a Consolidated Basis for Banks Controlling
Accounting Standards (PSAK). PIPPK includes controls over Subsidiaries.
disclosures in the consolidated financial statements and
procedures to prevent misstatements. The implementation of Risk Management on a consolidated
basis is carried out by taking into account the business
PIPPK is established to support the achievement of validity, characteristics of each member of the Bank Business Group.
accuracy, and transparency of Financial Information and The membership structure of Bank Jatim’s KUB is presented
Financial Statements, enhance operational effectiveness in the as follows:
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The Bank has established consolidated risk management form of risk issues presented through the Risk Management
procedures as standard guidelines for the implementation Committee forum.
of risk management within the Bank Business Group, which 3. Prepare reports on the development of credit risk exposure
regulate the principles to be fulfilled in the consolidated risk in order to mitigate risk and as an improvement effort and
reporting process flow and the delegation of authority. report periodically to the Board of Directors through the
Risk Management Committee forum
On a consolidated basis, Bank Jatim conducts a self- 4. Determine credit risk management policies, including
assessment of 8 (eight) types of risk, namely credit risk, market managing credit decision limits, determining acceptable
risk, liquidity risk, operational risk, strategic risk, reputation risk exposure limits, and credit portfolio guidelines in
risk, legal risk, and compliance risk through the consolidated order to implement Bank Jatim’s aggressive, selective and
risk profile report. The assessment results are in the form of quality expansion.
ratings derived from the aggregation of assessments of each 5. Development of risk management tools in order to improve
member of the Bank Business Group (KUB). the quality and efficiency of the Credit Analysis process in
the form of developing a customer credit rating application
Based on the results of the consolidated self-assessment 6. Development of an information system in the form of a
of Bank Jatim’s Risk Profile as of December 2025, the Bank credit portfolio dashboard
obtained Composite Rating 2 (low) with an Inherent Risk Rating 7. Conducting regular and in-depth credit training to improve
of “Low to Moderate” and a Risk Management Implementation credit knowledge and skills and increase risk awareness
Quality Rating of “Fair”. 8. The development of credit scoring models for property
loans serves as an effort to mitigate credit risk during the
Risk Profile and Management credit analysis process
9. Improving the credit supervision function
The risks inherent in Bank Jatim’s business according to the
provisions of the Financial Services Authority are 8 (eight) Market Risk
risks which include Credit Risk, Market Risk, Liquidity Risk,
Operational Risk, Legal Risk, Strategic Risk, Compliance Risk Market risk is the risk on balance sheet positions and
and Reputation Risk. Explanation of each of these risks is as administrative accounts, including derivative transactions,
follows. due to overall changes in market conditions, including the risk
of changes in option prices. Market risk management aims to
Credit Risk minimize the possibility of negative impact due to changes in
market conditions on the Bank’s capital assets. The market risk
Credit Risk is defined as the risk that occurs due to the failure management efforts that have been carried out by Bank Jatim
of another party to fulfill its obligations including credit risk due are as follows:
to debtor failure, credit concentration risk, counterparty credit 1. The Bank has implemented the principle of segregation of
risk, and settlement risk. The credit risk management efforts duties, namely separating functions and responsibilities
that have been carried out by Bank Jatim are as follows: independently for treasury transactions consisting of front
1. The Bank has a Credit Committee and a Credit/Financing office, middle office and back office units.
Policy Committee as organizational tools to support 2. The Bank has an ALCO Committee as an organizational tool
effective credit risk management in supporting effective market risk management
2. The Bank periodically conducts comprehensive analysis 3. Determining risk appetite, risk tolerance and risk limit for
of the root causes of declining debtor collectibility, which market risk parameters
impacts the increase in Non-Performing Loans (NPL), in the 4. Having procedures and identification of banking book
interest rate risks supported by an adequate information
system and daily reporting on exchange rate movements,
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interest rates and other market information including over 1. Melakukan Conducting a comprehensive analysis of the
limits potential risks that are inherent in a product or activity
5. Having daily limit monitoring procedures as a by considering internal and external factors such as
standardization of monitoring of treasury dealing room operational risk incident data, regulatory changes, audit
activities including follow-up actions to be taken by the risk findings, etc.
taking unit if there is an excess 2. The Bank carries out a periodic operational risk
6. Calculating market risk using a standardized approach measurement process, including risk assessment,
operational risk loss data reports and bankwide operational
Liquidity Risk risk profile measurements that are carried out periodically
3. Determining risk appetite, risk tolerance and risk limit for
Liquidity risk results from the Bank’s inability to meet its operational risk parameters
maturing obligations from cash flow funding sources and/ or 4. The Bank has a Quality Assurance unit to help ensure that
high-quality liquid assets that can be pledged as collateral operational activities run in accordance with the provisions.
without disrupting the Bank’s activities and financial condition. 5. The Bank also has procedures for implementing operational
The efforts to manage liquidity risk that have been carried out risk management, Business Continuity Management (BCM)
by Bank Jatim are as follows: and conducting a Risk Assessment (RA) process to measure
1. The Bank analyzes all sources of liquidity risk such as potential disruptions/disasters that threaten the continuity
banking products and activities that affect the source of of the bank so as to minimize the Bank’s potential risks.
funds in a comprehensive manner and funding adequacy. 6. Development of risk management tools to support the
2. The Bank has an ALCO Committee as an organizational tool operational risk management process consisting of:
to support effective liquidity risk management a. Risk Control Self Assessment
3. Determine risk appetite, risk tolerance and risk limit for Is a qualitative and predictive MRO tool used to identify
liquidity risk parameters and measure risks by considering the potential impact
4. The Bank has a measurement tool that can quantify and and likelihood
identify liquidity risk in a timely and comprehensive b. Loss Event Database
manner to measure inherent risks regarding funding Is a collection of confirmed operational risk loss event
composition, liquidity ratio, cash flow projections, liquidity data that has losses and is obtained based on the results
gap, and stress testing of analysis and verification of potential incidents and/
5. The Bank conducts daily monitoring of liquidity and funding or incidents recorded and managed by each work unit.
limits against key parameters such as AL/DPK, AL/NCD, c. Key Indicator
LDR, overnight borrowings, GWM, PLM, LCR, and NSFR Is a module for monitoring operational risk indicators
in accordance with regulatory requirements and internal that can hinder the achievement of company or work
policies. Monitoring is carried out continuously, along with unit goals.
escalation processes in the event of or potential for limit d. Work unit Risk Profile (Priskop & PRC)
breaches. Mitigation measures are promptly undertaken Is a risk profile dashboard for the head office and
to ensure that liquidity positions are maintained prudently branch offices that functions as a monitoring and
and in line with the prudential principles. reporting tool for risk profiles for branch offices and
6. The Bank has established and implemented a Contingency the head office.
Funding Plan (CFP) as part of its liquidity risk management 7. Conducting regular and in-depth training for all employees
framework. The CFP outlines strategies and mitigation to increase knowledge and increase risk awareness
measures to be undertaken in addressing liquidity stress or
crisis conditions, in order to ensure business continuity and Legal Risk
maintain the Bank’s operational stability.
7. The Bank has made calculations related to liquidity risk, Legal risk is a type of risk faced by banks as a result of lawsuits,
namely the calculation of NSFR and LCR in accordance both those carried out by internal and external parties and/or
with Basel III. the discovery of weaknesses in the legal aspect such as the
absence of supporting laws and regulations, weaknesses in
Operational Risk obligations such as non-fulfillment of the requirements for the
validity of the agreement or imperfect binding of collateral.
Operational risk is defined as the arising losses risk due to
insufficient and or non-functioning internal processes, human The legal risk management organization is carried out by the
errors, system failures, and or the presence of external parties Legal Division at the head office by carrying out functions,
affect in the operation of Bank Jatim. The operational risk duties and responsibilities related to regulatory, advisory,
management efforts that have been carried out by Bank Jatim litigation, advocacy and legal assistance, education and
are as follows: transformation in the legal field and management of the Bank’s
legal risk. The legal risk management efforts that have been
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carried out by the Bank Jatim Legal Division are as follows: Compliance Risk
1. Conducting mandatory reviews in relation to internal
regulations applicable within Bank Jatim; Compliance Risk is a risk resulting from the Bank not
2. Providing legal advice/opinions on cooperation agreements complying with and/or not implementing applicable laws and
between Bank Jatim and other parties, the aim is to protect regulations. In managing compliance risk, Bank Jatim has
the legal interests of Bank Jatim before the agreement is established policies, provisions, systems and procedures to
signed by an authorized official. build a culture of compliance as one of the keys to success in
3. Providing legal assistance in relation to issues faced by implementing compliance risk management. The compliance
Bank Jatim to the Management, Employees, and Former risk management efforts that have been carried out by Bank
Management as well as Former Employees in the capacity Jatim are as follows:
as witnesses. 1. Identifying and monitoring reporting obligations to
4. Handling civil legal cases faced by Bank Jatim with the regulators based on OJK regulations and other newly
objective of strengthening the Bank’s legal position; applicable external provisions
5. Determining risk appetite, risk tolerance and risk limit for 2. Identifying vulnerable points of gratification in banks as
legal risk parameters. an early warning in implementing mitigation actions for
gratification and/or fraud risks.
Strategic Risk 3. Developing systems that can reduce potential compliance
risks, including Monilap for monitoring regulatory reporting.
Strategic Risk is the risk due to inaccuracy in making 4. Implementing monitoring and compiling a resume of
and/ or implementing a strategic decision and failure to policies or regulations issued by Authorities such as PBI,
anticipate changes in the business environment. Strategic SEBI, PADG, OJK Regulation, SEOJK and other regulations
risk identification is based on strategic risk factors in certain related to the Bank. The results of the resume are submitted
functional activities, such as credit, treasury and investment to the relevant work unit and then used by the relevant
activities as well as operations and services through a business work unit to update policies and procedures.
plan prepared by the Strategic Planning & Performance 5. Implementation of ISO 37001:2016 Anti-Bribery
Management Division as a translation of the General Policy of Management System (ABMS)
Board of Directors. 6. Implementation of ISO 27001:2022 Information Security
Management System for JConnect Mobile Banking,
Strategic risk measurement and measurement parameters are JConnect Internet Banking, and JConnect SMS Banking
based on the Bank’s performance by comparing the expected services.
results with actual results, evaluating work unit performance, 7. Determine risk appetite, risk tolerance and risk limit for
and checking progress against the set targets. The strategic compliance risk parameters.
risk management efforts that have been carried out by Bank 8. Bank Jatim has established policies and SOPs related to
Jatim are as follows: Anti-Money Laundering and Counter-Terrorism Financing
1. The Bank periodically measures strategic risk by (AML/CTF) to protect the Bank from money laundering
monitoring the progress report on the achievement of the and terrorism financing risks. In addition, the Bank utilizes
bank’s business plan. an anti-money laundering system to monitor suspicious
2. The achievement of the bank’s business is discussed and transactions. As part of the implementation of compliance
reported to management periodically through the Business risk management, Bank Jatim also conducts Enhanced Due
Performance Review forum, ALCO, Risk Management Diligence (EDD) as a more in-depth process than Customer
Committee, Review and Board of Directors Meeting. Due Diligence (CDD), previously known as Know Your
3. The Bank continuously monitors the performance of Customer (KYC).
branch offices.
4. The Bank increases service cooperation with other Reputation Risk
operators/agencies/institutions in order to increase fee-
based and added value for the bank. Reputation risk is a risk due facing the stakeholder trust gap
5. Bank Jatim has implemented periodic monitoring tools, originating from various activities including events that can
through parameters reflected in the strategic risk profile. bring harm the reputation of the Bank (e.g. negative report in
Strategic risk measurement is carried out by analyzing the mass media, violations of business ethics and customer
exposure and comparing risk exposure with the established complaints) and other matters inducing reputational risks such
limits, including credit expansion, third party funds, and as weakened corporate governance, corporate culture and
financial ratios. business banking practices.
6. Determine risk appetite, risk tolerance and risk limit for
strategic risk parameters.
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The transformation of Bank Jatim become into a public bank, Return Risk
successfully identifies factors inherent risk in an openness
functional activities which include customer complaints about Return Risk is the risk arising from changes in the rate of
its services, employees behavior in serving customers and return paid by the Bank to customers due to changes in the
conducted communication systems by the Bank. Reputation rate of return received by the Bank from the distribution of
risk control efforts conducted by Bank Jatim, through the funds, which may affect the behavior of customers and the
Corporate Secretary as Bank Jatim’s public relations. Measures Bank’s third parties. The efforts undertaken by Bank Jatim in
taken by Bank Jatim in managing reputation risk include: managing Return Risk are as follows:
1. Identification and measurement of reputation risk are 1. The Bank has established an Asset Liability Committee
carried out periodically, such as monitoring customer (ALCO) as an organizational structure to support effective
complaints either through the call center and/or frontliner. return risk management, including in making strategic
2. The Bank manages any negative news in the Media decisions related to asset and liability structure as well as
Monitoring Report consisting of news titles, names of mass interest rate policies.
media and news value so that the bank can determine the 2. The Bank periodically conducts repricing gap and maturity
impact of the news. gap analyses to identify potential mismatches between
3. The Bank manages any customer complaints in the assets and liabilities that are sensitive to changes in
Customer Complaint Report submitted to the Board of interest rates.
Directors periodically. 3. Conducting sensitivity measurements to changes in
4. Observing of customer complaints and resolution of interest rates.
customer complaints in accordance with the provisions/ 4. Preparing periodic Return Risk profile reports as part of
SLA. the Bank’s risk profile reports submitted to the Board of
5. Monitoring of negative news to the bank through various Directors through the Risk Management Committee forum.
media including search engine optimization to improve 5. Establishing Return Risk management policies, including
the positive image of the bank, as well as assessment of the determination of risk appetite.
the reputation risk profile through quarterly risk profile 6. Diversifying funding sources and managing the funding
reporting. structure to maintain the stability of cost of funds and
6. The Bank also conducts socialization to customer service reduce return volatility.
to continuously educate customers in order to minimize 7. Conducting training and enhancing the competencies
the potential reputation risk that may arise from customer of Treasury and Risk Management personnel to improve
misunderstandings regarding the use of bank products/ interest rate analysis capabilities and risk awareness.
services. In addition, there are visits to each bank office 8. Strengthening the monitoring function and independent
network regarding the adjustment of banking industry review by the Risk Management Work Unit, including
service standards, coaching and assistance to Branch evaluating the effectiveness of return risk management
Offices and the existence of Service and Culture programs strategies and reporting to the Board of Directors and the
in order to improve the quality of bank services Board of Commissioners.
7. Performing consistent communication, by maintaining
openness of information and transparency to all stakeholders Investment Risk
8. Conducting public service functions in order to perform
corporate social responsibility (CSR) Investment Risk is the risk arising from the Bank bearing
9. Establishing harmonious relationships with the media potential business losses of customers financed under profit-
in terms of maintaining the name of Bank Jatim as a sharing schemes, whether using the net revenue sharing
corporation, this is done in order to minimize and handle method or the profit and loss sharing method. The efforts
complaints from stakeholders that result in negative undertaken by Bank Jatim in managing Investment Risk are as
publications against Bank Jatim. follows:
10. In addition to manage its reputation risk from the public 1. The Bank has established an Asset Liability Committee
aspect, Bank Jatim also manages reputation risk arising (ALCO) and a Risk Management Committee as
from interactions with customers. Bank Jatim immediately organizational structures to support effective and
follows up and resolves problems with customer complaints integrated Investment Risk management.
that can increase exposure to reputation risk. The Bank 2. The Bank periodically conducts comprehensive analyses
periodically improves the Bank’s internal policies related of the quality and performance of its investment portfolio,
to customer complaints and customer services in order to including evaluation of credit ratings, the condition of
minimize the potential for a decline in the Bank’s reputation. issuing industries, and developments in macroeconomic
11. Conducting training for all employees and call center indicators.
personnel to enhance capabilities in complaint handling,
empathetic communication, and Service Level Agreement
(SLA) responsiveness.
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3. Establishing Investment Risk management policies and including Inherent Risk and Quality of Risk Management
determining risk appetite. Implementation, assessment of Governance, Profitability and
4. Implementing investment portfolio diversification Capital.
principles to minimize concentration risk and maintain a
balance between risk and return. Risk Profile Assessment covers 8 (eight) types of risks, such
5. Strengthening supervisory functions and independent as Credit Risk, Market Risk, Liquidity Risk, Operational Risk,
reviews by the Risk Management Work Unit, including Legal Risk, Strategic Risk, Compliance Risk and Reputation
evaluation of compliance with investment policies and Risk. There are two additional risks specifically for the UUS Risk
limits, as well as reporting to the Board of Directors and the Profile assessment, namely Return Risk and Investment Risk.
Board of Commissioners.
Inherent Risk Assessment
Efforts to Manage Risk Inherent Risk Assessment is an assessment of the risks
inherent in the Bank’s business activities, both quantifiable and
As a Bank with the vision of becoming the No. 1 Regional non-quantifiable, which have the potential to affect the Bank’s
Development Bank (BPD) in Indonesia, with one of its financial position. The characteristics of the Bank’s inherent
missions to contribute to the economic growth of East Java risk are determined by internal and external factors, including
and to support the development of micro, small, and medium business strategy, business characteristics, complexity of the
enterprises (MSMEs), particularly through lending to the MSME Bank’s products and activities, the industry in which the Bank
sector, Bank Jatim is significantly influenced by changes in conducts business activities, and macroeconomic conditions.
the business climate, such as inflation and competition with
foreign products. The increasing influx of foreign products into In addition, the inherent risk assessment is conducted by
Indonesia, as a result of the free trade agreements participated considering quantitative and qualitative parameters/indicators.
in by Indonesia, further intensifies such challenges. Efforts to Determination of the inherent risk level for each type of risk is
minimize these adverse impacts are carried out through risk categorized into 5 (five) levels, as follows:
management based on prudential principles to ensure the 1. Rank 1 (Low)
Bank’s sound and sustainable performance growth. 2. Rank 2 (Low to Moderate)
3. Rank 3 (Moderate)
Risk management, as an integral part of business growth and 4. Rank 4 (Moderate to High)
the Bank’s daily operations, is implemented through various 5. Rank 5 (High)
initiatives, including:
1. Providing opinions from a risk perspective on every Bank Quality Assessment of Risk Management Implementation
activity and new product, including the expansion of the The quality assessment of the Risk Management
Bank’s service network. implementation reflects an assessment of the adequacy
2. Continuously enhancing operational policies and of the Risk control system that covers all pillars of the Risk
procedures, as well as adjusting risk tolerance limits to Management implementation as regulated in the provisions
ensure an optimal balance between asset quality and of the Financial Services Authority concerning the Risk
business profitability. Management implementation for Commercial Banks.
3. Ensuring that the implementation of risk management
remains aligned with macroeconomic changes and the Specifically, the Quality Assessment of Bank Risk Management
business developments of Bank Jatim. Implementation varies greatly according to the scale,
complexity and level of Risk that can be tolerated by the
Risk Evaluation Process Bank. Thus, in assessing the Quality Assessment of Risk
Management Implementation, it is necessary to consider to
To better understand the risks in a comprehensive and the characteristics and complexity of the Bank’s business. The
sustainable manner, the Bank carries out a self-assessment quality assessment of the Risk Management implementation is
of the Bank Soundness Level (TKB) which is reported to the an assessment of 4 (four) interrelated aspects, as follows:
Regulator every semester or 6 (six) months, and a Risk Profile 1. Risk Governance.
Report which is prepared every quarter or every 3 (three) 2. Risk Management Framework.
months. 3. Risk Management Process, adequacy of human resources
and adequacy of management information systems.
Self-assessment of Bank Soundness Level refers to OJK 4. Adequacy of Risk control systems, taking into account the
Regulation Number 4/POJK.03/2016 and SEOJK Number characteristics and complexity of the Bank’s business.
14/SEOJK.03/2017 concerning Assessment of General Bank
Soundness Level, which includes assessment of Risk Profile
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The determination of the KPMR level is conducted 1. Executive Summary
comprehensively and identifies the strengths and weaknesses 2. Bank Overview
of each pillar of Risk Management. The KPMR level for each The Bank Overview includes information on (1) the bank’s
Risk is categorized into 5 (five) levels, as follows: condition; (2) business lines, office networks, and material
1. Rank 1 (Strong) subsidiaries; (3) the bank’s business group structure; (4)
2. Rank 2 (Satisfactory) the bank’s business relationships and (5) scenario analysis
3. Rank 3 (Fair) of the impact of changes in the bank’s condition based on
4. Rank 4 (Marginal) several scenarios, namely idiosyncratic and market-wide.
5. Rank 5 (Unsatisfactory) 3. Recovery Options
It determines the trigger level with a traffic light approach
Risk Assessment for prevention (green), recovery (yellow) and improvement
(red) levels. The determination of the trigger level is
The results of the Bank Jatim Risk Profile self-assessment conducted based on the provisions of OJK Regulation
for December 2025 were Rank 2 or (low) with an Inherent Number 5 of 2024 concerning the Determination of the
Risk Rating of “Low to Moderate” and a Risk Management Supervision Status and Management of Commercial
Implementation Quality Rating of “Fair”. Bank Problems regarding aspects of capital, liquidity,
profitability and asset quality
Recovery Plan 4. Disclosure of the Recovery Plan
It explains a general description of the actions to be taken
The Financial Services Authority (OJK) as the banking by the Bank to address financial problems that will occur,
regulator in Indonesia has issued Financial Services Authority and the management mechanism for potential negative
Regulation Number 5 of 2024 concerning the Determination of market reactions if the Recovery Plan is implemented.
the Supervision Status and Management of Commercial Bank
Problems, which states that Banks must prepare and submit Risk Management Activity Report 2025
Recovery Plan to the Financial Services Authority.
In relation to the assessment of the Bank Soundness Level
Recovery Plan is a plan to overcome financial problems that (TKB) and Risk Profile Assessment, both on an individual basis
may occur in the Bank. This Recovery Plan document includes and on a consolidated basis with members of the Bank Business
various Recovery Option mechanisms that aim to prevent, Group (KUB), during 2025 Bank Jatim prepared and reported
restore, and/or improve the bank’s financial condition in the following :
case any financial crisis that can disrupt the bank’s business 1. Bank Health Level uses an individual risk approach or risk
sustainability. based bank rating (RBBR) which includes an assessment
of the Risk Profile, Governance, Profitability and Capital.
Based on Article 43 of OJK Regulation No. 5 of 2024 concerning During 2025, Bank Jatim has reported the Bank Health
the Determination of Supervisory Status and Handling of Level individually for the reporting period of Semester II
Commercial Bank Issues, Banks are required to update 2024 and Semester I 2025 to the Regulator in a timely
the Recovery Plan periodically at least once a year, which manner.
includes changes in threshold levels (trigger level), recovery 2. Risk Profile, both individually and on a consolidated basis,
options; and/or the fulfillment of adequacy and feasibility of covering the management of 8 types of risks (Credit, Market,
deposits and/or debt instruments or investments with capital Liquidity, Operational, Legal, Strategic, Compliance, and
characteristics owned by the Bank. As required by OJK, the Reputational Risks). During 2025, Bank Jatim reported
Bank has prepared the updated Recovery Plan document and the results of the self-assessment of the Risk Profile, both
submitted it to the Financial Services Authority in November individually and on a consolidated basis, for the reporting
2025. The document consists of four parts, namely: periods of Quarter IV 2024 and Quarter I, II, and III 2025 to
the Regulator in a timely manner.
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3. Risk Profile of the Sharia Business Unit, covering the 1. The Bank has a monitoring system and procedures
management of 10 types of risks (Credit, Market, Liquidity, including monitoring the magnitude of risk exposure,
Operational, Legal, Strategic, Compliance, Reputational, compliance with internal limits and consistency with
Return, and Investment Risks). During 2025, Bank Jatim established policies and procedures.
reported the results of the self-assessment of the Risk 2. Monitoring is conducted by both the risk taking unit and the
Profile, both individually and on a consolidated basis, for Risk Management Work Unit. The monitoring results are
the reporting periods of Quarter IV 2024 and Quarter I, II, presented in periodic reports submitted to management in
and III 2025 to the Regulator in a timely manner. order to mitigate risks and take necessary actions.
4. Internal Capital Adequacy Assessment Process (ICAAP) 3. The Company prepares an effective back up system and
Report, both individually and on a consolidated basis. procedures to prevent disruptions in the risk monitoring
During 2025, Bank Jatim reported the ICAAP Report on process, and periodically checks and re-evaluates the back
an individual basis for the reporting periods of Semester up system.
II 2024 and Semester I 2025 to the Regulator in a timely
manner. Based on the evaluation of the effectiveness that had been
5. Interest Rate Risk in the Banking Book (IRRBB) Report. conducted during 2025, it showed that the risk management
During 2025, Bank Jatim reported the IRRBB Report, both system at Bank Jatim was sufficient.
individually and on a consolidated basis, for the reporting
periods of Quarter IV 2024 and Quarter I, II, and III 2025 to Statement of the Board of Directors and/or
the Regulator in a timely manner. Board of Commissioners or Risk Monitoring
6. Liquidity Coverage Ratio (LCR) and Net Stable Funding Committee on the Adequacy of the Risk
Ratio (NSFR) Calculation Report. Management System
7. Leverage Ratio Fulfillment Obligation Report
8. Recovery Plan Document 1. During 2025, Risk Management in all Bank activities and
9. Resolution Plan Document. products, including in the field of information technology,
has been carried out effectively and is supported by the
Review of The Effectiveness of The Risk adequacy of an appropriate internal control system, in line
Management System with the Bank’s complexity and scale of business.
2. The revitalization of the Second Line of Defense within the
The Bank constantly evaluates the effectiveness of the risk organization and branch work units needs to be carried
management system. The evaluation includes adjusting the out to minimize potential irregularities and strengthen the
strategy and risk framework as part of the risk management implementation of the Anti-Fraud Strategy (SAF).
policy, the adequacy of the information system, and the 3. The implementation of governance at all levels of the
adequacy of identifying, measuring, monitoring, and controlling organization and work units has generally been carried out
risks. well. However, going forward, it needs to be strengthened
through structured, tiered, and continuous programs and
Measurement methods can be carried out quantitatively training.
and/ or qualitatively. The measurement method can be a 4. Overall, the Bank’s risk management policies have been
method determined by Bank Indonesia and the Financial implemented consistently and aligned with operational
Services Authority in the context of risk assessment and policies throughout 2025. The implementation of risk
capital calculation (either a standard method or an internal management reflects compliance with OJK regulations,
method developed by the Bank itself). In order to overcome supported by active oversight from the Board of Directors,
weaknesses that may arise from the use of a particular risk Board of Commissioners, and Committees, strengthening
measurement model, the Bank must validate the model. The of governance, application of risk limits, as well as the
risk measurement system is evaluated and refined periodically development of risk information systems, including the
or at any time if necessary to ensure the suitability, accuracy, integration of risk management both individually and on a
fairness, and integrity of the data, as well as the procedures consolidated basis (KUB).
used to measure risk. In evaluating the effectiveness of the risk
management system, the risk management work unit carries
out the following monitoring program:
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5. However, there remain areas that require further attention, including deepening climate risk integration into credit policies and
the Risk Appetite Statement (RAS), as well as optimizing the use of the Enterprise Risk Management (ERM) dashboard to support
strategic decision-making.
6. The Bank has established a comprehensive Business Continuity Management (BCM) framework, encompassing policies,
organizational structure, and key procedures, and its implementation has been carried out effectively in supporting the continuity
of the Bank’s operations. However, such implementation has not been fully supported by a structured, integrated, and sustainable
Business Continuity Management System (BCMS). Therefore, the Bank needs to develop and implement BCMS comprehensively
and in stages to ensure that the implementation of BCM can be managed in a more systematic, measurable, and sustainable
manner in accordance with governance principles and POJK provisions.
Compliance Function
Organizational Structure
Vice President Compliance & AML CFT
Assistant Vice President Assistant Vice President
Compliance & Governance AML CFT
Know
Governance and Compliance Review and AML CFT Analysis Regulatory Reporting &
Your Customer (KYC)
Business Ethics Group Development Group Group Liaison Group
Group
The establishment of the Compliance Unit by the Director in charge of Compliance is regulated in the OJK Regulation Number 46/
POJK.03/2017 concerning the Implementation of the Compliance Function of Commercial Banks. The Compliance Unit must be
independent and only report directly to Director in charge of Compliance Function.
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Profile of Vice President Compliance and AML-CFT
Herry Setya Yudakka
Vice President of Compliance & AML CFT PFWMD
Indonesian citizen, domiciled in Sidoarjo.
Born in Gresik, April 29, 1977. Age 48 as of December 2025.
Educational History S1 Industrial Engineering Sepuluh November Institute of Technology (ITS)
Certifications Risk Management Certification Level 6
Position History
Job History • Malang Branch Manager (2020)
• Leader of Credit Division of Main Branch (2022)
• Acting Head of Policy and Procedure Division (2023)
• Vice President of Policy and Procedure (2024)
• Vice President of Compliance and APU PPT
Basis of Board of Directors Decree No. 063/018/CPT/HCP/KEP dated December 31, 2024
Appointment
Duties and Responsibilities of Compliance Functions
In accordance with OJK Regulation No. 46/POJK.03/2017 concerning Implementation of Compliance Function for Commercial
Banks, explained that the Compliance Function includes actions for:
1. Realizing the implementation of Compliance culture at all levels of the Bank’s organization and business activities.
2. Managing compliance risks faced by the BankEnsuring Bank Compliance with commitments
3. Ensure that the policies, regulations, systems and procedures as well as business activities carried out by the Bank are in
accordance with the provisions of the Financial Services Authority and the provisions of laws and regulations, including the
Sharia Principles for Islamic commercial banks and sharia business units.
4. Ensuring Bank Compliance with commitments made by the Bank to the Financial Services Authority/Bank Indonesia and/ or
other authorized supervisory authorities.
The duties and responsibilities of the Compliance Unit were based on OJK Regulation No. 46/POJK.03/2017 concerning the
Implementation of Compliance Function for Commercial Banks at least includes to:
1. Make steps to support the creation of a Compliance Culture in all Bank business activities at every level of the organization.
2. Identify, measure, monitor and control Compliance Risk by referring to the OJK regulations governing the implementation of
risk management for commercial banks and OJK regulations governing the implementation of risk management for sharia
commercial banks and sharia business units.
3. Assess and evaluate the effectiveness, adequacy and suitability of the Bank’s policies, regulations, systems and procedures with
statutory provisions.
4. Review and/or recommend updating and refinement of policies, regulations, systems and procedures that are owned by the Bank
to comply with OJK regulations and statutory provisions, including the Sharia Principles for Islamic commercial banks and sharia
business units.
5. Make efforts to ensure that the policies, regulations, systems and procedures, as well as the Bank’s business activities are in
accordance with OJK regulations and statutory provisions.
6. Perform other duties related to the Compliance Function.
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Compliance Function Competency Development
The competency development that had been followed by Compliance Function Employees during 2025 is as follows:
No. Competency Development Implementation date
1 Anti-Corruption for Regional Bank BUMD Cluster September 23-26, 2025
2 Internal Auditor of Anti-Bribery Management System (ABMS) SNI ISO 37001:2016 October 9-10, 2025
3 Credit Compliance Assessment August 20-22, 2025
4 Governance Risk and Compliance (GRC) September 25-26, 2025
5 Implementation of Internal Control Over Financial Reporting (ICoFR) August 28-29, 2025
6 Technical Implementation of Control and Reporting within the KUB Scope June 13-15, 2025
7 In-House Training on Self Print History Account (SPHA) Application July 23-23, 2025
8 Internal Control Over Financial Reporting (ICoFR) Based on POJK No. 15 of 2024 July 30-31, 2025
9 Islamic Financial Planner March 21, 2025
10 Marketing Communication April 12-14, 2025
11 Developing an Integrated Compliance System to Strengthen Governance and Bank Soundness June 19-20, 2025
12 Money Laundering Techniques February 6, 2025
Optimization of AML, CFT & PFWMD Implementation in accordance with POJK No. 8 of 2023: A
13 September 3-4, 2025
Comprehensive Approach in Risk Assessment and Due Diligence
14 Optimization of Commercial Bank Governance Based on SEOJK October 29-31, 2025
Guidelines for Preparing Compliance Work Plan for Commercial Banks Based on POJK No. 46/
15 February 12-13, 2025
POJK.03/2017
16 Procurement of Goods and Services Training August 7, 2025
17 Training on Analysis and Decision-Making for Commercial Credit for Sub-Branch Managers October 6-8, 2025
18 AML, CFT & PFWMD Training January 7, 2025
19 Basic Capital Market and Custodian Services Training June 23-26, 2025
20 Effective Business Presentation Skills Training July 29, 2025
21 Digital Banking Law Training August 30-31, 2025
22 Budget Preparation Training September 10-11, 2025
23 SQL Query Training April 12-13, 2025
24 Risk Management Certification Preparation Level 4 December 13-14, 2025
25 Compliance Competency Development Level 5 October 1, 2025
October 2 - December 19,
26 Compliance Competency Development Level 6
2025
27 Certification Preparation for AML, CFT & PFWMD Competency December 5-6, 2025
28 Preparation for AML, CFT & PFWMD Competency Certification Exam Level 5 August 27, 2025
29 Preparation for AML, CFT & PFWMD Competency Certification Exam Level 6 August 20-21, 2025
30 Eradication of Online Gambling Practices for a Better Indonesia August 29, 2025
Implementation of AML-CFT: Bank Secrecy, Anti-Tipping Off, Reporting Procedures, Risk Identification,
31 February 20-21, 2025
Asset Freezing, and Fulfillment of Data Requests from Law Enforcement
32 Enhancement of Gratification Awareness (KPK) May 22, 2025
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No. Competency Development Implementation date
Preparation of Bank Business Plan (RBB) and Corporate Plan (Corplan) for Subsidiaries and Associated
33 November 15 - 16, 2025
Companies
34 Risk Management Certification Maintenance Program Level 4 October 05, 2025
October 11, 2025
&
35 Risk Management Certification Maintenance Program Level 5 October 04, 2025
&
September 27, 2025
36 Risk Management Certification Maintenance Program Level 6 October 18, 2025
December 11, 2025
37 Bank Product Licensing Process s.d
December 13, 2025
April 29 - 30, 2025
38 Self-Assessment on Financial Conglomeration Integration Implementation &
May 08 – 09, 2025
39 National Seminar on Corruption Prevention and Eradication February 20 - 21, 2025
November14, 2025 &
November 24, 2025 &
40 Compliance Competency Certification Level 5
December 05, 2025 &
November 21, 2025
Community Banking Strategy and Bank Business Development in the Digital Era: Implementing
41 June 25 - 26, 2025
Community Banking Strategy within the Context of the Digital Banking Landscape
42 Talent DNA November 17 – 18, 2025
43 Risk Management Certification Examination Level 44 December 20-21, 2025
44 Workshop on Climate Risk Stress Testing (Reporting Preparation and Technical & Non-Technical Briefing) January 23-24, 2025
June 12 - 13, 2025
45 Workshop on Introduction to Cyber Crime, E-Banking, Fraud and Money Laundering in the Digital Era &
June 24 – 25, 2025
46 Technical Workshop on Preparation of Climate Risk Management and Scenario Analysis (CRMS) Report June 2 - 3, 2025
Implementation of the Compliance Function Duties
The implementation of the Compliance Function duties that have been implemented in 2024 is as follows:
1. Improving programs for embodying a culture of compliance in work units both offline and online, and continuously increasing
employee understanding of applicable rules and regulations.
2. Actively monitor and build communication with related work units on new external regulations issued by regulators as an effort
to ensure that policies, provisions, systems and procedures and business activities carried out by the Bank comply with the
provisions of the Financial Services Authority and regulatory provisions laws and regulations, including Sharia Principles for
sharia commercial banks and sharia business units.
3. Coordination and collaboration with SKMR and SKAI and related work units to identify, measure, monitor and control Compliance
Risks.
4. Identify, measure, monitor and control compliance risk to minimize the occurrence of compliance risk through monitoring
parameters that affect compliance risk.
5. Development of the quality and competence of the Compliance Work Unit includes: training, workshops, certification programs,
including information systems.
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Anti-Money Laundering Program, Prevention of Terrorism Funding & Prevention of Funding
for The Proliferation of Weapons of Mass Destruction
The existence of globalization in the financial services sector which is accompanied by the increasing development of financial
service products including marketing (multi channel marketing), as well as increasingly complex financial services industry activities
and technology both in terms of products, services and the use of information technology, has the potential to increase the risk
of using the financial services industry as a means of Money Laundering, Terrorism Financing and/or Funding the Proliferation of
Weapons of Mass Destruction with its increasingly diverse and advanced modus operandi.
The implementation of AML, CFT & PFWMD that has been carried out includes:
1. Implementation of the AML, CFT & PFWMD programs under the supervision of the Director in charge of the Compliance function,
has policies and procedures supported by an adequate internal control system and management information system, and
competent human resources.
2. Strengthening Know Your Customer (KYC) by utilizing the Directorate General of Dukcapil’s (Civil Registry Office) EKTP and/or
Digital Population Identity (IKD) data verification services.
3. Optimizing the implementation of AML, CFT & PFWMD in all financial transactions and bank operations at all levels of the
organization.
4. Developing and improving the management information system for implementing AML, CFT & PFWMD, as well as continuously
improving the quality of customer data in order to improve the quality of reporting as the task of the Reporter in the AML, CFT &
PFWMD regime.
5. Play an active role and be part of the implementation of prevention and eradication of AML, CFT & PFWMD programs through
Go-AML, SIGAP, SIPENDAR, SIPESAT, PEDAL, GRIPS Reports and Election-related Reports.
6. The Bank has participated in the Financial Integrity Rating on ML/TF assessment conducted by PPATK with the results of the level
of commitment of PT BANK PEMBANGUNAN DAERAH JAWA TIMUR, TBK in supporting PPATK and Law Enforcement Officers to
conduct financial transaction tracing related to indications of TPPU/TPPT and the level of implementation of APUPPT reporting
governance in accordance with LPP provisions and PPATK reporting guidelines as well as the level of compliance with AMLCFT
reporting obligations to PPATK and the quality of reports submitted are in the category of Very Good.
Lawsuit
Lawsuit Faced by The Company
During 2025 Bank Jatim faced several essential cases in the form of civil law issues that had been completed (had received Court
Decisions that had permanent legal force/inkracht), revocation of lawsuits and are still in the process of being resolved as follows:
Table of Significant Cases
Total
No. Cases
Civil Commerce Industrial relations
1. Completed (There has been a Court Decision that has 29 - -
permanent legal force/inkracht)
2. Lawsuit Revocation 3 - -
3. In Process of Completion 32 - -
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Of the several cases faced by the Bank, there were 7 significant civil cases as follows:
Table of Important Cases Faced by the Company
Claims for
Impact on
Material
No Case/Lawsuit Settlement Status Risk Management Actions company
Compensation
conditions
(in IDR millions)
Surabaya District Court
Decision: Claim declared
inadmissible
Bank Jatim submitted a
Surabaya High Court Decision:
Civil Case Number 584/ written confirmation to the
Upholding the Legal
1. Pdt.G/2007/PN.Sby dated Court regarding the inkracht None Rp3.000
Risks
November 21, 2007 status of the High Court
Currently awaiting response
Decision
from the Surabaya District
Court regarding the final and
binding status (inkracht)
Civil Case Number 124/ Bank Jatim filed a judicial
Judicial Review process at the Legal
2. Pdt.G/2023/PN.Mlg dated review to strengthen its legal None Rp3.100
Supreme Court Risks
May 30, 2023 position
Civil Case Number 746/ Bank Jatim filed a judicial
Judicial Review process at the Legal
3. Pdt.G/2023/PN.Sby dated review to strengthen its legal None Rp5.732
Supreme Court Risks
July 26, 2023 position
Civil Case Number 98/ Bank Jatim filed a cassation
Cassation process at the Legal
4. Pdt.G/2024/PN.Gsk dated to strengthen its legal None Rp5.300
Supreme Court Risks
September 25, 2024 position
Bank Jatim responded
Civil Case Number 70/
Cassation process at the Legal and submitted a counter
5. Pdt.G/2025/PN.Sda dated None Rp5.000
Supreme Court Risks memorandum of cassation to
March 1, 2025
strengthen its legal position
Bank Jatim responded
Civil Case Number 19/
Appeal process at the Legal and submitted a counter
6. Pdt.G/2025/PN.Smp None Rp50.000
Surabaya High Court Risks memorandum of appeal to
dated July 4, 2025
strengthen its legal position
Bank Jatim submitted
Civil Case Number 92/ statements of defense
Trial process at the Gresik Legal
7. Pdt.G/2025/PN.Gsk dated (pleadings) at the Gresik None Rp33.000
District Court Risks
October 8, 2025 District Court to strengthen
its legal position
Important Cases Which Faced by the Board of Commissioners and the Board of Directors
During 2025 there were no legal issues being faced by the incumbent Board of Commissioners and Directors.
Legal Matters Faced by Subsidiaries
1. PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah (Bank NTB Syariah)
During the 2025 fiscal year, Bank NTB Syariah encountered several legal issues, specifically civil law matters, which are in various
stages of resolution as follows: cases that have been concluded (with court decisions that have permanent legal force/‘inkracht’),
cases that have been withdrawn, and cases that are still under process:
PT Bank Pembangunan Daerah Jawa Timur Tbk 567
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Corporate
07 Governance
Total
No Case
Industrial
Civil Commerce
Relations
1 Completed (there is a Court Decision that has permanent legal 1 0 0
force/incracht)
2 Withdrawal of Lawsuit 0 0 0
3 In Settlement Process 2 1 0
TOTAL 3 1 0
In detail, the legal problems faced by the subsidiary are as follows:
Impact on
Settlement Claims for Material
No Case / Lawsuit Risks Management Efforts company
Status Compensation
conditions
1 Case No 40/ Currently in • Legal Risk; The Bank has submitted None Nominal Lawsuit:
Pdt.g/2025/PN.Dpuat mediation at the • Credit Risk; all financing documents Material IDR
the Dompu District Dompu District • Strategic Risk; to serve as the strongest 52,000,000
Court, filed by Plaintiff Court and evidence in the civil Immaterial
H. Abubakar Mansyud • Reputational case, along with other IDR 5,000,000,000
a.k.a. A. Bakar Mas’ud. Risk. legal efforts to respond Coercive Money
to the Plaintiff’s claims. IDR 1,500,000 per day
of delay in complying
with the court judgment
after it has obtained
permanent legal force.
2 Case Nor: 44/ Preliminary Legal Risk The Bank has prepared None Nominal Lawsuit:
Pdt.G/2025/PN.Dpu Decision Hearing witnesses regarding all Material IDR
at the Dompu District scheduled. documents, including 1,320,000,000
Court, filed by Plaintiff land certificates Immaterial None
Andi Sirajudin. currently being Coercive Money IDR
requested from the 500,000 per day of
local National Land delay in complying with
Agency (BPN), Sale and the court judgment
Purchase Deeds, and after it has obtained
SHGB No. 01 of 2007 permanent legal force.
dated March 15, 2007,
to be used as strong
evidence in the civil
case and other legal
measures in response to
the Plaintiff’s claims.
3 Commercial Court at Request for • Legal Risk; Bank NTB Syariah None Nominal Lawsuit:
the Surabaya District Suspension of • Credit Risk; has submitted claims Material IDR -
Court, Case No.: 56/ Debt Payment • Strategic Risk; in accordance with Immaterial IDR -
Pdt.Sus-PKPU/2025/ Obligations and the provisions of the
PN.Niaga.Sby by PT (PKPU). • Reputational Bankruptcy Law.
Aria Jaya Raya. Risk.
568 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
2. PT Bank Pembangunan Daerah Nusa Tenggara Timur (“Bank NTT”)
Total
No Case
Industrial
Civil Commerce
Relations
1 Completed (Has Permanent Legal Force) 12 0 0
2 In Settlement Process 11 0 0
TOTAL 23 0 0
In detail, the legal problems faced by the subsidiary are as follows:
Impact on Claims for
Management
No Case/Lawsuit Settlement Status Risk company Material
Efforts
conditions Compensation
1 Lawsuit No.: 11/Pdt.G/2023/ First Instance: • Legal Risk;
PN.Bjw dated August 4, 2023 Decision No: 11/Pdt.G/2023/PN.Bjw and
dated December 14, 2023 • Reputational
Plaintiff: Risk.
PT Mitra Multi Karya/Yandi The Plaintiff’s lawsuit was dismissed on
Darmawan the grounds that absolute jurisdiction
lies with the Administrative Court.
Defendants:
1. KPKNL Kupang Dkk Appeal:
2. Bank NTT Decision No: 17/PDT/2024/PT.KPG The
appeal filed by the Plaintiff was rejected.
Case Summary:
The Plaintiff filed a lawsuit Cassation:
regarding two collateral Decision No.: 4637K/Pdt/2024 The
auctioned by KPKNL Kupang, Plaintiff’s cassation petition by PT Mitra
which were guarantees at Multi Karya was rejected.
Bank NTT located in Nagekeo
Regency (formerly Ngada Judicial Review:
Regency). The collateral Decision No: 1134/PK.PDT/2025 dated
was not under the name October 8, 2025 The request for judicial
of PT Mitra Multi Karya review by PT Mitra Multi Karya was
but in private ownership. rejected (Inkracht).
The Plaintiff requested a
suspension or cancellation of
the said auction.
2 Gugatan Lawsuit No: 22/ First Instance: IDR2,361,600,000.00 IDR5,838.40
Pdt.G/2024/PN.Wkb Decision: (two billion three Million
RULING: hundred sixty one
Plaintiff: PROVISIONAL: million six hundred
CV. Robinson • The Plaintiff’s provisional claim was thousand rupiah)
rejected;
Defendant: EXCEPTION:
PT Bank Pembangunan • The Defendant’s and Co-Defendant I’s
Daerah Nusa Tenggara Timur exceptions were rejected;
Cq. PT Bank Pembangunan ON THE MERITS:
Daerah Nusa Tenggara Timur 1. The Plaintiff’s claim was partially
Cabang Waitabula. granted;
2. The Defendant was declared to have
Case Summary: committed a breach of contract
Breach of Contract against the Plaintiff;
3. The Defendant was ordered to pay
material compensation to the Plaintiff
immediately in the amount of IDR
5,838,400,000 (five billion eight
hundred thirty-eight million four
hundred thousand Rupiah);
PT Bank Pembangunan Daerah Jawa Timur Tbk 569
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Impact on Claims for
Management
No Case/Lawsuit Settlement Status Risk company Material
Efforts
conditions Compensation
4. The Cooperation Agreement dated
24 January 2023 was declared null
and/or no longer legally binding
for the Plaintiff, Defendant, and Co-
Defendant II, effective from the date
the Defendant fulfilled all payment
obligations as stated in this ruling;
5. The Defendant was ordered to
pay court fees amounting to IDR
1,958,000 (one million nine hundred
fifty-eight thousand Rupiah);
6. All other claims by the Plaintiff were
rejected.
Appeal:
Decision No: 104/PDT/2025/PT.KPG
RULING:
1. The appeal filed by the former
Defendant was granted;
2. The decision of the Waikabubak
District Court No. 22/Pdt.G/2024/
PN.Wkb dated July 17, 2025 was
annulled.
SELF-RULING:
EXEPTION:
• The appeal’s exception by the former
Defendant was declared inadmissible.
ON THE MERTIS:
1. The Plaintiff’s claim on appeal was
declared inadmissible;
2. The Plaintiff was ordered to pay
court fees arising from the appeal
amounting to IDR 150,000 (one
hundred fifty thousand Rupiah).
Cassation:
• A cassation effort has been filed by
the Plaintiff.;
• Bank NTT Waitabula as the
Defendant, has submitted a Counter-
Memorandum of Cassation on
October 31, 2025..
(Decision in progress.).
3 Lawsuit No: 1/Pdt.G/2025/ First Instance:
PN.Kpg dated January 6, RULING:
2025 COMPENSATION:
EXCEPTIONI:
Plaintiff: • The Co-Defendant’s exception was
PT Farma Sehat Sejati granted.
ON THE MERITS:
Defendant: • The Plaintiff’s compensation claim
PT Bank Pembangunan was declared inadmissible (niet
Daerah Nusa Tenggara Timur ontvankelijk verklaard).
(Bank NTT) COUNTERCLAIM
• The Plaintiffs counterclaim
Case Summary: was declared inadmissible (niet
Unlawful Act ontvankelijk verklaard).
Petitum: COMPENSATION and COUNTERCLAIM
1. Grant the Plaintiff’s claim in • The Plaintiff (Compensation) /
its entirety; Defendant (Counterclaim) was
2. Declare that the Defendant ordered to pay court costs incurred
has committed an unlawful up to the present, amounting to IDR
act pursuant to Article 432,000 (four hundred thirty-two
1365 of the Indonesian thousand Rupiah).
Civil Code;
(Inkracht)
570 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Impact on Claims for
Management
No Case/Lawsuit Settlement Status Risk company Material
Efforts
conditions Compensation
3. Declare that all credit
agreements between the
Plaintiff and Defendant
are null and void due
to violations of the
validity requirements in
paragraphs (3) and (4) of
Article 1320 of the Civil
Code;
4. Declare that the
Defendant’s actions
violate the principles
of transparency,
accountability, and legal
certainty as regulated
under POJK No. 18/
POJK.03/2014 and POJK
No. 111/POJK.03/2020;
5. Order the Defendant
to return all collateral
submitted by the Plaintiff.;
6. Order the Defendant to
pay material damages
of IDR 10,000,000 (ten
million Rupiah) and
immaterial damages of
IDR 1,000,000,000 (one
billion Rupiah), totaling IDR
1,010,000,000 (one billion
ten million Rupiah) in a
lump sum to the Plaintiff;
7. Order the Defendant to pay
compensation in the form
of 1.5% interest per month
on the damages if the
Defendant fails to comply
with this ruling;
8. Charge all court costs to
the Defendant.
Issue an ex aequo et bono
decision if the Panel deems it
appropriate.
Impact of Legal Problems on Bank
The impact of civil law problems experienced by Bank Jatim through the legal process is not significant and does not interfere with
the Bank’s performance because the Bank has carried out appropriate mitigation and litigation processes and in accordance with the
provisions of laws and regulations.
PT Bank Pembangunan Daerah Jawa Timur Tbk 571
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07 Governance
Administrative Sanctions Imposed on Companies, Members of the Board of Commissioners
and Directors by the Capital Market Authority and Other Authorities
No Basis of Imposition Type of Sanction Fine Amount
1 Financial Services Authority (OJK) Letter No. S-24/KO.143/2025 Late submission fine related to the obligation 500.000,00
dated February 1, 2025 regarding Administrative Sanctions in the to submit the Semester I 2024 Customer
form of a fine related to the obligation to submit the Semester I Complaint Service Report
2024 Customer Complaint Service Report of PT BPD Jawa Timur
Tbk.
2 Financial Services Authority (OJK) Letter No. S-40/EP Confirmation of the Recapitulation of the 2025 -
01/2025 dated February 3, 2025 regarding Confirmation of the Financial Literacy and Inclusion Plan Report
Recapitulation of the 2025 Financial Literacy and Inclusion Plan
Report.
3 Financial Services Authority (OJK) Letter No. S-66/KO.141/2025 Late submission fine for delays in submitting 1.000.000,00
dated May 22, 2025 regarding Sanctions for Delay in the adjustments to the 2025–2027 Business Plan
Submission of Adjustments to the 2025–2027 Business Plan of and the Q1 2025 realization report.
Bank Jatim.
4 As an administrative sanction, the Bank was 125.000.000,00
required to pay a fine of IDR 125,000,000 (one
hundred twenty-five million rupiah) due to:
Bank Indonesia Letter No. 27/42/DPKL/Srt/Rhs dated July 14,
2025 regarding the Results of Onsite Supervision and Examination
1. Inconsistencies in logic, rules, and mapping
of the Monthly Financial Integrated Commercial Bank Report (LBUT)
within the LBUT reporting system,
of PT BPD Jawa Timur Tbk.
2. Data input errors, and
3. The need to improve the mechanisms in the
LBUT reporting method.
5 Bank Indonesia Letter No. 27/184/DPKL-GPLB-PLBP/Srt/B dated Correction outside the LBUT daily KI reporting 100.000
August 4, 2025 regarding Sanctions on the Integrated Commercial deadline
Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
6 Bank Indonesia Letter No. 27/184/DPKL-GPLB-PLBP/Srt/B dated Sanction related to the LBUT report of PT BPD 100.000,00
August 4, 2025 regarding Sanctions on the Integrated Commercial Jawa Timur Tbk
Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
7 Bank Indonesia Letter No. 27/212/DPKL-GPLB-PLBP/Srt/B LBUT reporting sanction related to the Daily 2.000.000,00
dated August 15, 2025 regarding the Daily Financial Integrated Financial Report.
Commercial Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
8 Bank Indonesia Letter Number 27/336/DPKL-GPLB-PLBP/Srt/B Correction outside the LBUT daily KI reporting 50.000,00
Dated September 25, 2025 Regarding Sanctions on the Integrated deadline
Commercial Bank Report (LBUT) of PT BPD Jawa Timur Tbk
9 Bank Indonesia Letter No. 27/272/DPKL-GPLB-PLBP/Srt/B Correction outside the LBUT daily KI reporting 50.000,00
dated October 20, 2025 regarding Sanctions on the Integrated deadline
Commercial Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
10 Bank Indonesia Letter Number 28/104/DPKL-GPLB-PLBP/ Correction outside the LBUT daily KI reporting 50.000,00
Srt/B Dated October 17, 2025 Regarding Sanctions on Integrated deadline
Commercial Bank Report (LBUT) PT BPD Jawa Timur Tbk
11 Bank Indonesia Letter No. 27/272/DPKL-GPLB-PLBP/Srt/B Sanction related to the LBUT report of PT BPD 50.000,00
dated October 20, 2025 regarding Sanctions on the Integrated Jawa Timur Tbk.
Commercial Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
12 Bank Indonesia Letter No. 27/67/DPSP-GOSP-KIM/Srt/Rhs dated A Payment fine due to DKE Reject Transaction 5.000.000,00
October 31, 2025 regarding the Imposition of Payment Sanctions for (Error Code 6003) caused by insufficient
DKE Reject Transactions with Error Code 6003. prefunding.
13 OJK Letter No. SR-10/KO.143/2025 dated November 7, 2025 Written warning due to delays in providing -
regarding Written Warning related to the Obligation to Fulfill clarification and/or verification documents
Requests for Clarification and/or Documents on Dispute-Indicated related to dispute-indicated complaints.
Complaints of PT BPD Jawa Timur Tbk.
14 Bank Indonesia Letter Number 28/104/DPKL-GPLB-PLBP/Srt/B Correction outside the LBUT daily KI reporting 800.000,00
Dated November 18, 2025 Regarding Sanctions on the Integrated deadline
Commercial Bank Report (LBUT) of PT BPD Jawa Timur Tbk
15 A payment fine due to a delay of 1 (one) 1.000.000,00
OJK Letter No. S-227/KO.14/2025 dated December 12, 2025
working day in the submission of the Capital
regarding the Realization of Capital Participation of PT Bank
Participation Realization Report of PT Bank
Pembangunan Daerah Jawa Timur Tbk in PT Bank Pembangunan
Pembangunan Daerah Jawa Timur Tbk to PT
Daerah Banten Tbk.
Bank Pembangunan Daerah Banten Tbk.
572 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
No Basis of Imposition Type of Sanction Fine Amount
16 OJK Letter No. S-36.KO.1413/2025 dated December 16, 2025 Administrative fine due to reporting errors and 50.000.000,00
regarding the Imposition of Sanctions based on the 2025 General issues in debtor information requests (SLIK).
Examination Results of PT Bank Pembangunan Daerah Jawa Timur
Tbk.
17 OJK Letter No. S-1313/PM.2113/2025 dated December 16, 2025 A payment sanction due to a delay in the 58.000.000,00
regarding Administrative Sanctions for Delay in the Submission submission of information regarding changes in
of Information on Changes in the Audit Committee of PT Bank the Audit Committee of PT Bank Pembangunan
Pembangunan Daerah Jawa Timur Tbk. Daerah Jawa Timur Tbk.
18 Bank Indonesia Letter No. 27/336/DPKL-GPLB-PLBP/Srt/B dated Sanction related to the LBUT report of PT BPD 50.000,00
December 22, 2025 regarding Sanctions on the Integrated Commercial Jawa Timur Tbk.
Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
19 Bank Indonesia Letter No. 27/346/DPKL-GPLB-PLBP/Srt/B dated Sanction related to the LBUT report of PT BPD 50.000,00
December 23, 2025 regarding Sanctions on the Integrated Commercial Jawa Timur Tbk.
Bank Report (LBUT) of PT BPD Jawa Timur Tbk.
During 2025, there were no administrative sanctions imposed internal activities and direct support to top management. The
on the Board of Directors and Board of Commissioners by the scope of duties and responsibilities of the Secretariat function
regulator. includes:
1. Organizing and being accountable for the implementation
Access to Company Information and Data of the Company’s internal activities;
2. Preparing and submitting draft speeches, papers, and
The public can access all financial and non-financial reports seminar materials for the Board of Directors, including
that have been submitted by Bank Jatim in a transparent the preparation of materials for the General Meeting of
manner through various means that are available in a timely, Shareholders (GMS);
complete and accurate manner. 3. Managing the agenda and meeting concepts of Board of
Directors meetings, organizing ceremonies, official Bank
Internal Communication events, and various other strategic meetings.
In an effort to ensure information alignment across all levels of External Communication
the organization, Bank Jatim consistently maintains an effective
internal communication network between management and Bank Jatim used various communication channels both to
all employees. Through its Internal Communications function, internal and external parties which aimed to build a company
the Bank develops various comprehensive communication image through print media, electronic media, broadcast media,
channels, including the Bank Jatim Magazine, the Human display media and others. To make it easier for the public to
Resources (HR) intranet portal, the e-human capital application, get the latest information about the company, Bank Jatim
and other internal information media. These channels had a corporate website that could be accessed through
consistently distribute the latest information on essential www. bankjatim. co.id which also functioned as a service portal.
Company activities to support the smooth implementation of On the Bank Jatim website, people can find detailed information
daily tasks. In addition, the Internal Communications function about Bank Jatim starting from history, organizational structure,
also plays a strategic role in managing the preparation of vision and mission, management, networks, achievements,
the Company’s main publications, namely the Bank’s Annual fund products, credit products and Bank Jatim services for both
Report and Company Profile. conventional and sharia. In addition, the website also contains
information on CSR distribution and the latest information /
Secretariat news about Bank Jatim.
On the other hand, to support the effective administration and As information to the wider community, Bank Jatim regularly
strategic executive activities of the Company, the Secretariat participates in events held by other parties and distributes
function plays a central role focused on the governance of press releases to print and electronic media to inform Bank
PT Bank Pembangunan Daerah Jawa Timur Tbk 573
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Corporate
07 Governance
Jatim activities and products. Bank Jatim also informs reports such as; macro and micro economic information,
several important activities and published quarterly reports information on the company’s financial position based on
to the public through cooperation with print and electronic balance sheets, ratios, percentages, business plans and
media (internet). Bank Jatim uses social media as a means to strategies as well as stock information.
communicate with external parties through: 2. Managing information disclosure with investors and
Facebook : bank jatim analysts.
Threads : bankjatim 3. Coordinating, evaluating, and providing recommendations
Instagram : bankjatim in the implementation of activities including:
Youtube : bank jatim a. One on One Meeting
This activity is carried out to foster good relations with
Investor Management potential investors, investors and analysts.
b. Analyst Meeting
In maintaining the trust of shareholders and stakeholders, the Activities to present the company’s quarterly
Bank Jatim Investor Management team is in direct contact performance with analysts aimed at delivering the
with investors, analysts and Shareholders to explain the Bank’s latest information on the performance, strategies and
performance. The activities carried out by Investor Relations achievements that have been achieved by Bank Jatim.
are as follows: c. Conference Call
Telephone calls made either at the request of an
Derry Widya Ariyanta investor or an Investor Relations initiative.
Corporate Secretary of Head Office d. Site Visit
Bank Jatim Activities carried out at the request of investors to visit
Jl. Basuki Rachmat No. 98-104, Surabaya branches to see the operations of Bank Jatim.
Email: iru@bankjatim.co.id e. Roadshow
Activities increase the interest of foreign investors to
The activities carried out by Investor Relations are as follows: enter the country through Bank Jatim shares.
1. Compiling the performance of Bank Jatim every month 4. Compiling, managing, and carrying out preparation
in accordance with the company’s monthly financial of weekly, monthly, quarterly, semester and annual
publication report.
Investor Management Performance
1. Analyst Meeting, In 2025, these meetings were held twice a year
No Date Location Topics
1 March 20, 2025 Hotel Alila - SCBD Analyst Meeting FY 2024
2 July 9, 2025 Menara Mandiri Analyst Meeting PUB
2. Communication with analysts and investors as follows:
No Date Investors/Securities/Institutions Topics
1 February 6, 2025 Maybank Sekuritas One on One Meeting
2 February 17, 2024 Bahana Sekuritas One on One Meeting
3 May 5, 2025 PT Pertamina dan PT Taspen One on One Meeting
4 June 11, 2025 Mandiri Manajemen Investasi One on One Meeting
5 June 12, 2025 Bahana Sekuritas One on One Meeting
6 August 28, 2025 BRI Investment Management One on One Meeting
7 September 2, 2025 Maybank Sekuritas One on One Meeting
574 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
No Date Investors/Securities/Institutions Topics
8 September 22, 2025 PT Sinarmas Sekuritas Company Visit
9 October 3, 2025 Niche Asset Management One on One Meeting
10 October 15, 2025 Putihrai Sekuritas One on One Meeting
11 October 29, 2025 Bahana Sekuritas One on One Meeting
12 November 11, 2025 LPDP One on One Meeting
13 November 12, 2025 BNI One on One Meeting
14 December 3, 2025 Niche Asset Management One on One Meeting
3. Participated in the DXtraordinary Corporate Access Webinar with Bahana Sekuritas on March 6, 2025;
4. Participated in the Public Expose Live 2025 (“Pubex Live 2025”) commemorating the 48th Anniversary of the Reinstatement of
the Indonesian Capital Market on September 11, 2025;
5. BJTM was listed in the ESGQ KEHATI and ESGS KEHATI for the period December 1, 2025 – February 27, 2026.
Press Release
No Date Press Release
1 January 13, 2025 Bank Jatim Distributed CSR of Separate Conjoined Twins Surgery from Ngawi.
2 January 16, 2025 FKDK BPDSI Was Sucessfully Held, Affirming the Supervisory Function of the Board of Commissioners.
3 January 17, 2025 Encouraging Tax Income up to the Regional Tourism Sector, Bank Jatim Handed in CSR to the Ponorogo and
Sumenep Regency Government.
4 January 20, 2025 Following up SHA, Bank Jatim Signed A Cooperation Agreement (PKS) with Bank NTB Syariah.
5 January 23, 2025 Improving State Financial Synergy, Bank Jatim Signed A Cooperation Agreement of State Cash Management.
6 January 24, 2025 Bank Jatim Won Awards in the 2025 IHCBA and IPRA events.
7 February 05, 2025 Supporting Cashless, Bank Jatim along with the Pamekasan Regency Government Launched KKI.
8 February 12, 2025 Bank Jatim Detached Umra Congregation, the Winner of the Multipurpose Loan Prize.
9 February 17, 2025 Bank Jatim Supported the Tax Service Accessibility up to Decorated Squares and Parks by 2 simultaneous CSR
programs
10 February 21, 2025 Improving Inter-BBG Member Synergy, Bank Jatim Held Sharing Session in the Human Capital Section
11 February 25, 2025 Increasing Community Welfare, Bank Jatim Distributed CSR to the Kediri Regency Government
12 March 3, 2025 Being Optimistic about the 2025 Performance, Bank Jatim’s Board of Directors Agreed to Seize Million of Shares
13 March 4, 2025 Improving its Service, Bank Jatim and the Lamongan Regency Government Made ETPD Synergy up to CSR
Distribution
14 March 5, 2025 Manifesting Zero Waste in the Malang Regency, Bank Jatim Delivered Arm Roll Truck CSR
15 March 6, 2025 Improving the Community Economy, Bank Jatim Distributed CSR to Bawean Island
16 March 9, 2025 Increasing Export Opportunity, Bank Jatim’s Fostered Partners Followed the 2025 IFEX
17 March 12, 2025 Caring for Flood Victims, Bank Jatim Distributed Donations to Situbondo Flash Flood Victims.
18 March 12, 2025 Improving Community Services, Bank Jatim and the Blitar Regency Government Launched SIPD E-Blud and
Handover CSR Programs.
PT Bank Pembangunan Daerah Jawa Timur Tbk 575
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07 Governance
No Date Press Release
19 March 13, 2025 Expanding Markets, Bank Jatim Facilitated MSMEs to Participate in Trade Missions in Ternate.
20 March 13, 2025 East Java's Potential and the Role of Regional Banks.
21 March 19, 2025 Supporting MSME Growth, Bank Jatim’s Ramadan Vaganza Was Successfully Held.
22 March 20, 2025 Bank Jatim Delivered Two Water Tanks to Sampang Regency.
23 March 20, 2025 Bank Jatim Successfully Recorded the Highest Net Profit Among Regional Development Banks.
24 March 20, 2025 Bank Jatim Won Eight Awards at the 14th Infobank – the 2025 Isentia Digital Brand Recognition.
25 March 23, 2025 To Solve the Drought, Bank Jatim Delivered CSR to Tuban Regency.
26 March 25, 2025 Bank Jatim Handed Over a Fleet of Buses to Untag Surabaya.
27 March 28, 2025 Bank Jatim and Ciputra University Established Strategic Partnership.
28 March 29, 2025 Transporting Thousands of People, Bank Jatim Supported the Free Homecoming Program of the East Java
Provincial Government.
29 April 10, 2025 2.500 Jatimers Attended a Gathering with the Governor of East Java.
30 April 14, 2025 Strengthening Business and Services, Bank Jatim Collaborated with BRINS.
31 April 15, 2025 Beautifying the MSME Area, Bank Jatim Revitalized the Trenggalek Pendopo Area.
32 April 16, 2025 Supporting Foreign Exchange Heroes, Bank Jatim Was Ready to Distribute PMI KUR.
33 April 17, 2025 Online SP2D Officially Launched, Bank Jatim Signed PKS with the Ministry of Home Affairs.
34 April 17, 2025 Optimizing Licensing Services, Bank Jatim Provides CSR Assistance to the Nganjuk Regency Government.
35 April 21, 2025 Bank Jatim Consumer Credit Recorded Positive Performance.
36 April 24, 2025 Bank Jatim’s Customer Won the IDR 500 Million Grand Prize in Simpeda Draw
37 April 28, 2025 Caring for the Community, Bank Jatim Conducted Humanitarian Blood Donation.
38 April 28, 2025 Highlight of the 2025 National Press Day Reception: Bank Jatim Received Award from the East Java Indonesian
Journalists Association (PWI).
39 April 28, 2025 Supporting MSMEs to Export, Bank Jatim Collaborated with the Ministry of Trade to Hold an Export Coaching
Program.
40 April 28, 2025 Caring for Literacy and Community Welfare, Bank Jatim Provided CSR to the Banyuwangi Regency Government.
41 April 30, 2025 Beautifying the Sidewalks of Telaga Sarangan, Bank Jatim Provided Decorative Lamps.
42 May 02, 2025 Supporting Financial Literacy in Banyuwangi, Bank Jatim Opened Accounts for 1,000 Students.
43 May 05, 2025 Supporting the Growth of Halal MSMEs, Bank Jatim Collaborated with the Trenggalek Regency Government to
Launch the Pasar Pon Special Zone.
44 May 05, 2025 Encouraging Improved Quality of Life for the Community, Bank Jatim Handed Over Healthy Toilet CSR Program to
Sidoarjo Regency Government.
45 May 05, 2025 Optimizing Asset Recovery, Bank Jatim Synergized with the East Java Directorate General of State Assets.
46 06 May 2025 Real Evidence of Appreciation to Customers, BJTM Held Multipurpose Loan Draw with Umrah Prizes.
47 06 May 2025 Improving Corporate Integrity and Transparency, Bank Jatim Encouraged Regionally-Owned Enterprises'
Participation in the 2024 ARA.
48 06 May 2025 Accelerating Sugar Self-Sufficiency, Bank Jatim Supported the Launch of a Special Course for Sugarcane Farmers
in East Java.
576 PT Bank Pembangunan Daerah Jawa Timur Tbk
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No Date Press Release
49 08 May 2025 Strengthening Domestic Trade Connections, Bank Jatim Supported the East Java & East Kalimantan Trade Mission.
50 May 16, 2025 Continued Positive Performance, Bank Jatim Achieved Excellent Rating from The Asian Post
51 May 17, 2025 Supporting the Advancement of Education, Bank Jatim Signed MoU with UT Surabaya.
52 May 22, 2025 Bank Jatim Held Annual General Meeting of Shareholders (AGM), Distributes IDR821 Billion in Dividends and
Nominated Winardi Legowo as President Director Candidate.
53 May 26, 2025 Bank Jatim Received Appreciation from the Provincial Government for Supporting Cashless Services on Trans
Jatim.
54 May 27, 2025 Bank Jatim Supported Modern Agricultural Practices, and Handed Over Greenhouse Development CSR to the
Kediri City Government.
55 May 29, 2025 Boosting MSME Growth, Bank Jatim Distributed KUR in the 2025 Kampoeng Kreasi Activity.
56 June 3, 2025 Bank Jatim's Fostered Customer, CV Rumah Jeddiah, Successfully Exported 8,000 Pairs of Footwear.
57 June 10, 2025 Accelerating Business Growth, Bank Jatim Held Grand Launch of Caruban Branch Office.
58 June 12, 2025 Enhancing Regional Development, Bank Jatim Handed Over CSR to the Pasuruan Regency and Kangean Island
Governments.
59 June 17, 2025 Supporting the Advancement of Education, Bank Jatim and UK Petra Signed MoU.
60 June 19, 2025 Caring for MSMEs and Education, Bank Jatim Intensified CSR Transfer.
61 June 19, 2025 Official! Bank Jatim's IDR 821 Billion Dividend Paid Today.
62 June 24, 2025 Splendid! Bank Jatim Successfully Won Four Awards at Once.
63 July 6, 2025 Supporting Situbondo's Economic Growth, Bank Jatim Distributed 455 Portable Tents to MSMEs.
64 July 9, 2025 Expanding Market Access, Bank Jatim Supported the East Java & West Nusa Tenggara Trade Mission.
65 July 18, 2025 Caring for Health and Education, Bank Jatim Donated CSR to the Bojonegoro Regency Government.
66 July 28, 2025 Supporting MSME Digitalization and Finance, Bank Jatim and Toko Ladang Successfully Held an MSME Greetings.
67 July 29, 2025 Bank Jatim and Bank Banten Confirmed Business Synergy Through the Provision of Non-API Digital Services
68 July 29, 2025 Bank Jatim’s Fostered MSMEs Successfully Penetrated the South Korean Market.
69 July 30, 2025 Bank Jatim Successfully Recorded a Net Profit of IDR703 Billion in the First Semester of 2025.
70 August 7, 2025 Bank Jatim’s Customers Successfully Won the 500 million Grand Prize.
71 August 7, 2025 Bank Jatim Facilitated Fostered MSMEs in Trade Missions and Signed a Conditional Share Subscription and
Acquisition Agreement with Bank Lampung.
72 August 10, 2025 Collaborating with the Surabaya City Government, Bank Jatim Successfully Organized Elderly Exercise.
73 August 17, 2025 Celebrating 64 Years, Bank Jatim Collaborated with a Parade and Promotes the Spirit of Togetherness.
74 August 22, 2025 Bank Jatim's 64th Anniversary Celebrations Was Lively, Launching Jatim Priority Sharia Services.
75 August 28, 2025 Boosting Sports Tourism in East Java, Bank Jatim Fully Supported the 2025 Bromo Marathon.
76 August 29, 2025 Bank Jatim Won Two Awards at the 2025 Infobank Awards.
77 September 1, 2025 Bank Jatim Issues Sustainable Bonds I Phase I of 2025, Worth a Maximum of IDR2 Trillion.
78 September 7, 2025 Successfully holding the 2025 Bromo Marathon, Bank Jatim Launched QRIS Crossborder and Jeep Bromo
Branding.
79 September 11, 2025 Holding a Public Expose, Bank Jatim Recorded Solid Performance Throughout the Second Quarter of 2025.
PT Bank Pembangunan Daerah Jawa Timur Tbk 577
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No Date Press Release
80 October 30, 2025 Recording Positive Performance, Bank Jatim Consistently Drove Business Scale-Up.
81 October 31, 2025 Consistently Supporting Financial Literacy & Inclusion in East Java, Bank Jatim Won Award from CNN Indonesia.
82 November 04, 2025 Strengthening Synergy in the Sharia Finance Sector, Bank Jatim Supported the 2025 IIFS.
83 November 05, 2025 Bank Jatim Won Award from Detik.com in the Sustainable Business Financing Improvement Category.
84 November 06, 2025 Bank Jatim and Bank NTT Sign a Cooperation Agreement.
85 November 07, 2025 Consistently Developing MSMEs, Bank Jatim Won Prestigious Award from TV One.
86 November 20, 2025 Improving Hajj Financial Management Services, Bank Jatim Signed MoU with the Indonesian Ministry of Hajj and
Umrah.
87 November 28, 2025 Spendid! Bank Jatim Achieved Platinum Rank in the 2025 ASRRAT.
88 December 01, 2025 Supporting the Acceleration of P2DD, Bank Jatim Successfully Became the Best Regional Development Bank
(BPD) in 2025.
89 08 December 2025 Bank Jatim Named Winner of the 2024 ARA in the Publicly Listed BUMD Financial Category.
90 December 14, 2025 Jatimers Run To Care Encouraged Community Participation in Environmental Conservation.
Transparency of Report Submission
Bank Jatim is always committed to being transparent in submitting reports, both periodic and incidental reports. The reports that
have been submitted by Bank Jatim for 2025 are as follows.
Periodic Report
No. Type of Report Report Period Total
1 Securities Holder Registration Report Monthly 12
Incidentile Report
No. Date Letter Number Regarding
1 January 16, 2025 064/001/DIR/HCP/Srt Internal Audit Changes
2 February 3, 2025 064/59/DIR/CSE/Srt Corporate Secretary Changes
3 February 21, 2025 064/136/CSE/CMAI/Srt Legal Matters Concerning PT Bank Pembangunan Daerah Jawa Timur Tbk
Legal Matters Concerning PT Bank Pembangunan Daerah Jawa Timur Tbk
4 February 21, 2025 064/03/CSE/CMAI/Srt
(Correction)
578 PT Bank Pembangunan Daerah Jawa Timur Tbk
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No. Date Letter Number Regarding
5 064/113/DIR/CSE/Srt Submission of Minutes of the Annual General Meeting of Shareholders
6 064/110/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
7 064/111/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
8 March 3, 2025 064/112/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
9 064/109/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
10 064/108/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
11 064/107/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
12 March 27, 2025 063/94/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
13 March 7, 2025 064/124/DIR/CSE/Srt Submission of Postponement of General Meeting of Shareholders
14 March 10, 2025 064/125/DIR/CSE/Srt Submission of Minutes of the Annual General Meeting of Shareholders
15 March 18, 2025 064/137/DIR/CSE/Srt Notification of Plan for the Annual General Meeting of Shareholders
16 March 18, 2025 064/5/CSE/CMAI/Srt Submission of Evidence of Advertisement for GMS Notification
Report on Appointment/Change of Public Accountant and/or Public Accounting
17 March 21, 2025 063/475/DIR/CSE/Srt
Firm for Annual Historical Financial Statement Audit
18 064/171/DIR/CSE/Srt Request for Explanation from the Issuer and Other Public Companies
19 064/172/DIR/CSE/Srt Submission of Postponement of General Meeting of Shareholders
20 064/06/CSE/CMAI/Srt Postponement of the Annual General Meeting of Shareholders for the 2024 Fiscal Year
March 25, 2025
21 064/147/DIR/AMK/Srt Submission of Evidence of Advertisement for Annual Financial Report Information
Submission of Evidence of Advertisement of Postponement of the Annual General
22 064/07/CSE/CMAI/Srt Meeting of Shareholders for the 2024 Fiscal Year of PT Bank Pembangunan Daerah
Jawa Timur Tbk
23 March 27, 2025 064/175/DIR/CSE/Srt Submission of Minutes of the Annual General Meeting of Shareholders
24 April 15, 2025 064/200/DIR/CSE/Srt Notification of Plan for the Annual General Meeting of Shareholders
25 April 15, 2025 064/09/CSE/CMAI/Srt Submission of Evidence of Advertisement for GMS Notification
26 April 21, 2025 064/211/DIR/AMK/Srt Request for Explanation from the Issuer and Other Public Companies
064/161/DIR/AMK/AAPK/
27 April 28, 2025 Plan for Submission of Audited Q1 2025 Financial Statements
Surat
28 064/233/DIR/CSE/Srt Convocation of the Annual General Meeting of Shareholders
29 064/234/DIR/CSE/Srt Submission of the Annual Report
April 30, 2025
30 064/10/CSE/CMAI/Srt Submission of Evidence of Advertisement for GMS Convocation
Submission of the Annual Report and Sustainability Report of PT Bank Pembangunan
31 064/11/CSE/CMAI/Srt
Daerah Jawa Timur Tbk
32 May 1, 2025 064/13/CSE/CMAI/Srt Submission of Sustainability Report and ESG Information
33 May 26, 2025 064/271/DIR/CSE/Srt Summary of Minutes of the Annual General Meeting of Shareholders
34 064/15/CSE/CMAI/Srt Disclosure of Information Related to Corporate Action – Cash Dividend – May 26, 2025
May 26, 2025
35 064/16/CSE/CMAI/Srt Submission of Evidence of Advertisement for GMS
Summary of Minutes of the Annual General Meeting of Shareholders (AGM)
36 May 27, 2025 064/16/DIR/CSE/Srt
(Correction)
37 June 19, 2025 064/361/DIR/CSE/SRT Minutes of the Annual General Meeting of Shareholders
PT Bank Pembangunan Daerah Jawa Timur Tbk 579
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07 Governance
No. Date Letter Number Regarding
38 June 30, 2025 064/378/DIR/AMK/SRT Submission of Evidence of Advertisement for Interim Financial Report
39 July 9, 2025 064/393/CSE/CMAI/Srt Request for Explanation from the Issuer and Other Public Companies
40 064/126/DKM/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
41 064/449/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
July 16, 2025
42 064/448/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
43 064/450/DIR/CSE/Srt Report on Share Ownership or Any Changes in Share Ownership of a Public Company
44 August 1, 2025 064/487/DIR/AMK/SRT Submission of Evidence of Advertisement for Interim Financial Report
45 August 27, 2025 064/504/CSE/CMAI/Srt Plan for Annual Public Expose
46 September 8, 2025 064/21/CSE/CMAI/Srt Submission of Materials for Annual Public Expose
47 September 15, 2025 064/22/CSE/CMAI/Srt Report on Results of Annual Public Expose
48 064/23/CSE/CMAI/Srt Changes in the Audit Committee
September 17, 2025
Changes in the Nomination and Remuneration Committee of the Issuer or Public
49 064/569/CSE/CMAI/Srt
Company
50 September 23, 2025 064/577/CSE/CMAI/Srt Submission of Fit and Proper Assessment Report
51 October 8, 2025 064/587/CSE/CMAI/Srt Request for Explanation from the Issuer and Other Public Companies
Capital Participation in the Formation of a Bank Business Group (KUB) between PT
52 October 8, 2025 064/588/CSE/CMAI/Srt Bank Pembangunan Daerah Jawa Timur Tbk and PT Bank Pembangunan Daerah
Nusa Tenggara Timur
53 October 22, 2025 064/609/CSE/CMAI/Srt Submission of Fit and Proper Assessment Report
54 October 30, 2025 064/724/DIR/AMK/Srt Submission of Evidence of Advertisement for Interim Financial Report
55 November 5, 2025 064/624/CSE/CMAI/Srt Submission of Fit and Proper Assessment Report
Purchase of Shares of PT Bank Pembangunan Daerah Banten Tbk (Bank Banten) for
56 November 6, 2025 064/603/CSE/CMAI/Srt
Capital Participation in the Formation of a Bank Business Group (KUB)
Capital Participation in the Formation of a Bank Business Group (KUB) between
57 064/639/CSE/CMAI/Srt PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim) and PT Bank
Pembangunan Daerah Lampung (Bank Lampung)
November 12, 2025
Capital Participation in the Formation of a Bank Business Group (KUB) between
58 064/640/CSE/CMAI/Srt PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim) and PT Bank
Pembangunan Daerah Sulawesi Tenggara (Bank Sultra)
Report on Appointment/Change of Public Accountant and/or Public Accounting
59 November 19, 2025 064/644/CSE/CMAI/Srt
Firm for Annual Historical Financial Statement Audit
60 November 20, 2025 064/646/CSE/CMAI/Srt Changes in Members of the Board of Directors and/or Board of Commissioners
Changes in the Nomination and Remuneration Committee of the Issuer or Public
61 064/26/CSE/CMAI/Srt
Company
62 064/662/CSE/CMAI/Srt Changes in the Audit Committee
December 2, 2025
Decision on the Fit and Proper Assessment (PKK) of Prospective Controlling
63 064/666/CSE/CMAI/Srt Shareholders (PSP) and Ultimate Shareholders of PT Bank Pembangunan Daerah
Banten (Perseroda) Tbk
580 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
No. Date Letter Number Regarding
64 December 10, 2025 064/676/CSE/CMAI/Srt Shareholding Composition of PT Bank Pembangunan Daerah Nusa Tenggara Timur
Realization of Capital Participation of PT Bank Pembangunan Daerah Jawa Timur
65 December 16, 2025 064/680/CSE/CMAI/Srt
Tbk in PT Bank Pembangunan Daerah Nusa Tenggara Timur
Approval of Changes in Shareholding Composition of PT Bank Pembangunan Daerah
66 December 17, 2025 064/681/CSE/CMAI/Srt
Sulawesi Tenggara Resulting in the Addition of a New Controlling Shareholder (PSP)
Realization of Capital Participation of PT Bank Pembangunan Daerah Jawa Timur
67 December 22, 2025 064/685/CSE/CMAI/Srt
Tbk in PT Bank Pembangunan Daerah Lampung.
Code of Conduct
The Code of Conduct or Corporate Culture is a guideline that functions as:
1. Codification or compilation of policies, employee regulations that set standards of behavior both for Management and Employees
in realizing GCG and the Bank’s work culture.
2. Reference for every Bank employee in good and professional behavior to regulate themselves based on mutual interests with all
stakeholders.
3. The basis for determining service products and various activities carried out by the Bank are deemed to have fulfilled the specified
code of conduct, work ethics and business.
4. Reference to maintain a good relationship between the Bank’s personnel and related external parties based on GCG principles
and the application of behavior, work ethics and business. The implementation of the Code of Conduct is a must and must be
obeyed by every Bank employee consistently showing that the Bank upholds cultural values as well as business ethics and
behavior in carrying it out. As a code of conduct, and work and business ethics of the Bank, the Code of Conduct is in line with
the vision and mission to be achieved by the Bank and supported by values that are upheld in accordance with the prevailing
corporate culture.
Scope of Code of Conduct
The Code of Conduct of Bank Jatim is regulated under the Board of Directors Decree of PT Bank Pembangunan Daerah Jawa Timur
Tbk No. 063/03/30/DIR/HCP/KEP dated February 29, 2024, concerning the Standard Operating Procedure (SOP) on Conduct,
Work Ethics, and Business Ethics of PT Bank Pembangunan Daerah Jawa Timur Tbk. The implementation of the Code of Conduct
is a necessity aimed at establishing governance as a corporate culture, which is measured through guidelines on conduct, work
ethics, and business ethics. The Code of Conduct serves as the primary reference for the attitudes and actions that Bank Jatim
personnel must adhere to and those that must be avoided in their daily activities within the Bank Jatim environment. This means that
management and employees must comply with and uphold the Code of Conduct enforced at Bank Jatim.
The scope of the Code of Conduct includes:
1. Company Relations with Stakeholders such as guidelines for the Bank’s organs and all employees
2. Internal Environmental Behavior (Board of Commssioners, Board of Directors, and employees) with the external environment,
for example conflicts of interest, giving and receiving gifts and donations, compliance with regulations, and confidentiality of
information.
Principals of Code of Conduct
The main points of the Code of Ethics contain work ethics and business ethics. Work ethics and business ethics includes the following
aspects:
PT Bank Pembangunan Daerah Jawa Timur Tbk 581
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07 Governance
WORK ETHICS
Handling of Conflict of In carrying out business activities that refer to the principles of Good Corporate Governance, the Bank is required to
Interest manage conflicts of interest. Conflict of interest management is aimed at creating a work climate that always puts the
interests of the Bank ahead of personal interests and improves good relations with suppliers, customers, and other
stakeholder parties. Handling of conflicts of interest to refer to the applicable internal provisions.
Gratification Control a. All Bank Officials and Employees are prohibited from giving or promising gratuities either directly or indirectly, which
are considered as giving bribes to civil servants or State administrators if the gift relates to their position and is
contrary to their obligations or duties;
b. All Bank Officers and Employees are prohibited from receiving and soliciting gratuities that are considered bribes
either directly or indirectly from any party in order to comply with policies/ decisions/treatment of Bank officials and
employees according to their position, authority, and responsibility;
c. All Bank Officers and Employees are required to reject gratuities that are considered bribes, whether received directly
or indirectly;
d. Categories and procedures for reporting gratuities are regulated in more detail in the applicable regulations.
Political Activities a. The Bank guarantees and respects the rights of the Bank’s management and employees to exercise their political
rights in accordance with the provisions of the applicable laws and regulations. Banks will not impose their will/limit
the rights of management and bank employees as individuals to be able to channel their political aspirations;
b. Its management and Bank employees individually can convey political aspirations freely without pressure from any
party in accordance with the applicable laws and regulations;
c. Prohibited activities:
1. Management and Bank Employees are prohibited from becoming administrators of political parties and/or/
candidates/members of the legislature;
2. Bank management and employees are prohibited from participating in election campaigns and/or being election
campaign executors;
3. Bank Management and Employees are prohibited from providing donations and other assistance in any form
including the use of facilities and infrastructure owned by the Bank for Presidential Elections, Regional Head
Elections and members of the legislature;
4. Pursuant to the Law on Elections, members of the DPR, DPD and DPRD, management and employees of banks who
become campaigners can be subject to criminal sanctions and imprisonment as provided for in the applicable laws.
d. Resignation and Cessation from Political Activities
Resignation and Bank employees who become Executives of Political Parties/and/ or become candidates/ members
of the legislature are required to resign and/or be dismissed from their respective positions and obtain rights according
to the Bank’s internal provisions that apply.
BUSSINESS ETHICS
Bank Ethics with Bank Ethics with employees can be conveyed as follows:
Employees a. Fairness of treatment of Bank employees;
b. Assignments and Employee Activities Outside the Bank;
c. Prohibition of Employee Involvement in Bank Securities Business Activities;
d. Employee Discipline;
e. Work environment;
f. Employee Aspiration Channel;
Bank Ethics with a. Offering products and services according to predetermined quality standards;
Customers b. Providing the best service to customers and following up on customer complaints fairly without discrimination;
c. Carrying out continuous promotions in a healthy, fair, honest, non-misleading manner and accepted by applicable
norms to achieve customer satisfaction and trust.
Bank Ethics with Goods a. The selection of goods and services providers must be based on an assessment of capabilities, achievements, and
and Service Providers based on compliance and objectivity in the fields of price standards, quality, availability, requirements and services
provided by partners/ suppliers;
b. Banks do not treat goods and services providers who have become customers of the Bank in a special way;
c. Carry out payments to providers of goods and services on time as long as the invoice issued is accompanied by
supporting documents and is in accordance with the agreed amount;
d. Imposing sanctions on goods and services providers who commit violations;
e. Maintaining good communication with providers of goods and services including following up on complaints and
objections;
f. Utilizing good relations with providers of goods and services as an intelligent market and intelligent competitor;
g. Applying the latest goods and services procurement technology;
h. Every Bank employee is prohibited from asking for and/or receiving compensation, both financial and non f inancial
for personal gain;
i. Goods and service providers are advised to understand and follow Bank regulations relating to procurement and
services from external parties;
j. Other provisions regarding the procurement of goods and services refer to the provisions stipulated by the General
Division.
582 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Bank Ethics With a. The Bank complies with the provisions of the anti-monopoly law;
Competitors b. Conduct market research to find out competitors’ positions;
c. Carrying out fair and competitive competition by prioritizing the excellence of quality products and services.
Bank Ethics with Work a. Making mutually beneficial cooperation agreements with partners;
Partners b. Uphold agreed rules and procedures;
c. Prioritizing the achievement of optimal results according to the best standards;
d. Building intensive communication with work partners to continuously improve performance on an ongoing basis
Bank Ethics with a. Employees are required to study, understand and comply with all provisions, policies and/or/ regulations both
the Government and internal and external including the provisions of BI, OJK and applicable laws and regulations of other authorities and
Regulators regulators;
b. Employees must be aware not to cooperate with customers and/or active parties who violate the law;
c. Deviations, negligence or employee violations of internal and external provisions, policies and regulations including
BI, OJK and applicable laws and regulations as well as other authorities and regulatory provisions are subject to
sanctions in accordance with applicable procedures;
d. Fostering good relations and communication with the Central and Regional Governments, the Financial Services
Authority, Bank Indonesia and other external parties;
e. Applying the best standards (best practices) by taking into account the applicable regulations regarding the quality of
services, products and services, health, safety, and the environment;
f. Avoid practices of Corruption, Collusion and Nepotism (KKN) in dealings with the Government and Regulators.
Bank Ethics with a. Development in the social sector, namely activities that have an impact on improving the quality of social life, culture,
Society religion, and social welfare;
b. Supporting environmental preservation efforts;
c. Community economic development;
d. Incidental activities.
Bank Ethics With Mass a. Providing relevant and balanced information to the mass media, both general, specific, strategic and sensitive
Media information;
b. The Bank appoints a spokesperson who represents the Bank in communicating with the media, namely:
1. President Director and Director;
2. Corporate Secretary;
3. Branch Manager.
c. The Bank’s communication tools with the mass media consist of press conferences, press releases, interviews and
media inquiries;
d. Accept and follow up on constructive criticism conveyed through the mass media, but still pay attention to the aspects
of risk and costs.
Bank Ethics with a. Make mutual agreements regarding ethical standards that apply to fellow members of professional and regulatory
Professional organizations;
Organizations b. Uphold the attitude of partnership and equality towards fellow members of professional and regulatory organizations
Compliance with Code of Conduct
The Code of Conduct applies to Board of Directors, Board of Commissioners, DPS, all management and employees in carrying out the
company’s business activities and in interactions between the Board of Commissioners, Board of Directors, and employees with all
stakeholders. The company requires the signing of an Integrity Pact, which must then be implemented with the utmost commitment.
The successful implementation of the Code of Conduct is the responsibility of all leaders within their respective work units.
Dissemination of Code of Conduct
Facilities for the dissemination of Code of Conduct are as follows:
1. Human Capital Portals
2. Compliance Portal
3. Integrity Pact
4. Campaign Program, includes:
a. Printed advertising (posters, banners, hanging banners, stickers, and mica standing)
b. Other campaigns include agendas, mouse pads, flash drives, paper fans, umbrellas, tumblers, power banks, and clothes pins.
1.1 One form of risk culture campaign
is through the use of pins on the
left side of the uniform.
Pic 1.1
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07 Governance
c. Portal and Corporate Identity May 24, 2023, concerning the Standard Operating Procedure
d. Quiz on Employee Punishment. Sanctions will be imposed on any
e. Social media Bank Jatim employee who are proven to have committed a
- Employee Involvement Campaign including the violation, provided that the violation has been legally and validly
Expression songwriting contest established. New sanctions can be determined after the type of
- Leaders Talks Values violation is known. All types of administrative sanctions in the
form of mild, moderate, or severe sentence are determined by a
Jatim Improvement Meeting Program Decree of the Board of Directors, and the person concerned will
BCorporate culture, as a set of shared values, serves lose the opportunity to attend education/training funded by the
as the foundation for all company rules and policies. Its Bank as long as the person concerned has not finished serving
implementation must be aligned with the Company’s business and is receiving rehabilitation from the Board of Directors.
strategy, as such alignment will have a positive impact on
productivity and enhance employee engagement. One of the The types of sanctions for violating the code of ethics are as
ways to improve employee engagement is by providing space follows:
and experiences that create positive meaning for all employees 1. Sanctions for Code Violation
within their respective work units. The Jatimers Improvement a. Sanctions for Violation of Rules in the Form of Guidance
Meeting (TIM) is one of the programs designed to achieve this • Verbal Reprimand
objective. This program is intended to develop both individual • Reminder Letter
Jatimers and work units to become better amidst the pressures b. Sanctions for Violation of Rules in the Form of
and competition in the Company’s business environment, Disciplinary Penalties
thereby ensuring that employee performance remains • Sanctions for Misuse of Bank Secrets and Data and
excellent. The Jatim Improvement Meeting (TIM) program aims Activities that Endanger the Bank’s Bussines
to provide space and positive experiences in the form of outing • Sanctions for Discipline
activities for all Jatimers. It is expected to strengthen militancy, • Sanctions for Disciplinary Violation
enhance engagement, and build synergy between employees 2. Criteria for Disciplinary Violations
and the Company, foster a shared commitment to improving a. Violation of Authority & Procedure
performance, promote zero tolerance for fraudulent activities, b. On purpose
and reinforce the transformation pillars of Bank Jatim. c. Financial
3. Categories of Disciplinary Violations
Efforts for Implementation and Enforcement of a. Category I - Light Office Punishment
the Code of Conduct b. Category II - Medium Position Penalty
c. Category III - Severe Office Penalties
Implementation of the code of ethics is an obligation for 4. Types of Disciplinary Punishment
the management and employees of the Bank. This code of a. Category I - Minor Position Penalty:
conduct will always be used as a guide in the preparation of • Written Warning
policies, manuals/ procedures and management practices. • Unsatisfied Statement
Bank Jatim regularly monitors compliance with the Code of b. Category II - Moderate Position Sanctions
Conduct In order to build commitment to the implementation • Demotion of Personal Grade by 1 Level
of the code of ethics, all management and employees will apply • Demotion of Personal Grade by 2 Level
the code of ethics with commitment and consistency, which c. Category III - Heavy Service Penalties
is documented through the signing of the Integrity Pact or • 1 (one) Level Demotion
Statement of Attitudes of Bank Jatim personnel regarding the • 2 (two) Levels of Demotion
implementation of the Code of Conduct. This integrity pact is • Revocation of Mandates for Position Holders
valid until the person concerned is not actively working at Bank • Disrespectful Termination
Jatim.
Number of Violations and Sanctions Given
Types of Sanctions for Violations of the Code of
Ethics
Category I Category II Category III
Sanctions for violations of the Code of Conduct are regulated
under the Board of Directors Decree of PT Bank Pembangunan 63 11 35
Daerah Jawa Timur Tbk No. 062/03/34/DIR/HCP/KEP dated
584 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Performance-Based Long-Term be seen in several companies when they are about to conduct
Compensation Policy an Initial Public Offering (IPO). The price for implementing the
ESA program is the same as the bid price at the time of the IPO.
The provision of long-term performance-based compensation
is granted by the Bank in the Employee and/or Management The share allocation for the ESA program consists of:
Stock Ownership Program (ESOP/MSOP). • Award Shares, namely the provision of shares to employees
as an Award.
Share Ownership Program by Employees and/ • Certain Allotment Shares, namely the allocation of share
or Management (ESOP/MSOP) ownership to employees in the form of purchasing certain
shares of IPO according to the limit.
Bank Jatim held a share ownership program by employees
and management based on the resolution of the Company’s Participants who can be included in the share ownership
General Meeting of Shareholders on March 19, 2012 which was program or ESA program are as follows:
then stated in Deed No. 89 dated April 25, 2012. • Employees who have worked for 1 (one) year starting from
April 30, 2012.
Purpose of Employee Stock Allocation (ESA) and • Not in the status of being sanctioned by position/skorsing.
Management Employee Stock Option Plans (MESOP)
If the total shares allocated in the ESA program are not fully
The main objective of the Company’s Management and distributed, the remainder will be offered to the community.
Employee Share Ownership Program is that the management Provisions for the implementation of ESA program are as
and employees of the Company have a sense of belonging follows:
and are expected to increase the work productivity of each 1. Award Shares
employee which in turn will also improve overall corporate a. Distributed to all “Employees” at the cost of Bank
performance, so that there is an increase in company value. Jatim.
which can be enjoyed by the Company’s stakeholders. b. The employees receive the shares freely at the time
the Bank’s shares are listed on the Indonesia Stock
Total Share and/or Option Exchange
c. Award Shares are provided amounting to 1 time
Bank Jatim holds an Employee Stock Allocation (ESA) program Employee’s salary.
by allocating shares as much as 10% (ten percent) of the total d. Employees are obliged to sign a statement of
issuance of Shares Offered and issuing Stock options for the compliance with the provisions of ESA program. The
Management and Employee Stock Option Plans (MESOP) requirements for receiving Award Shares are:
program as much as 0, 71% (zeropoint seven one percent) of the - Has been worked for 1 (one) year as of April 30,
total issued and fully paid-up capital after the Public Offering. 2012
- Not in the status of being subject to office
Period of Implementation sanctions/skorsing
- Allocation based on position
The Implementation Period is determined following the - The award shares are subject to a “lockup” for 2
provisions of Registration Regulation No. I-A attached to the (two) years
Decree of the Board of Directors of the Jakarta Stock Exchange - During the lockup period when the employee
No.Kep-305/ BEJ/07-2004 dated July 19, 2004, namely a resigns or is terminated due to administrative
maximum of 2 (two) implementation periods per year with sanctions, the right to the Award Shares is null and
the provision that each implementation period will be open void.
for 30 (thirty) Exchange days. The MESOP program will be 2. Certain Allotment Shares
implemented following the applicable laws and regulations. a. Offered to all “Employees” to buy shares at IPO price.
There is no obligation to buy.
Requirements for Employee and/or Entire b. Allotment must be worth 7 times Employee’s salary
Management c. Employees who voluntarily buy their certain allotment
shares, their account will be blocked for payment in
EMPLOYEE STOCK ALLOCATION (ESA) cash on the date of the highest payment price
program Bank Jatim provides a special allocation or percentage d. Requirements for buying Certain Allotment Shares:
for employees to own Bank Jatim shares. The ESA program can - Has worked for 1 (one) year starting from April 30,
2012.
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- Not in the suspension status. participants in accordance with the provisions of the Fifth
- Certain Allotment is as much as 7 times Employee’s Dictum paragraph (1) Decree No: 057/251/DIR/CSE/
salary. KEP regarding Procedures for Implementing the MESOP
- Certain Allotment Shares are subject to “Lock-up” Program. This decision with the same position and/or level
for 3 months. as well as above that, until the time of implementation of
the MESOP program.
The procedures to obtain shares in the ESA program are as • Participants not entitled to participate in the MESOP
follows: program are employees who resign, dishonorably
• For Award Shares, Program Participants will obtain a free dismissed, or pass away.
allocation of Award Shares on the date of allotment of
shares for the Initial Public Offering of the Bank’s Shares. The Option Rights in the MESOP Program will be issued in 3
Program Participants will obtain a Share Allotment Phases, namely:
Confirmation Form.
• For Certain Allotment Shares, Program Participants Table of MESOP Program Option Rights
who wish to buy shares offered for the certain allotment
Up to 30% of the number of Option Rights that can be
submit an order for maximum Certain Allotment Shares Phase I
issued in the MESOP Program
in accordance with the amount allocated on behalf of the
Participant. At the time of ordering the Certain Allotment Up to 30% of the number of Option Rights that can be
Phase II
issued in the MESOP Program
Shares, Participants must provide full price payment funds
in accordance with the amount ordered. Participants Up to 40% of the number of Option Rights that can be
Phase III
must provide power of attorney to PT Bahana Sekuritas issued in the MESOP Program
to sign the Share Purchase Order Form (FPPS) on behalf
of the Ordering Party. On the date of allotment of shares,
Participants will receive Confirmation of Shares Allotment Implementation Price or Implementation Price
on the Certain Allotment Shares ordered through the ESA Determination
program.
Bank Jatim has carried out the Management and Employee
MANAGEMENT EMPLOYEE STOCK OPTION PLANS (MESOP) Stock Option Plans (MESOP) program since 2016 and ends in
2020 with an offering price of IDR450, IDR409 and IDR599.
Program The Management & Employee Stock Option Plan The number of shares issued for IDR409 was 3,163,900, and
(MESOP) is a program established to grant option rights to the shares with a price of IDR599 were 9,963,600 shares. So that
participants (optionee) to buy Bank’s shares at the exercised the total paid-up capital on December 31, 2020, amounted to
price previously specified. The shares can be exercised in IDR3,753,874,520,500 or a value of 15,015,498,082 shares.
accordance with the specified exercised windows. In 2024, Bank Jatim did not implement a Management and
Employee Stock Option Plan (MESOP); therefore, no shares
The exercise price of Option Rights will be determined based on were allocated to the Board of Commissioners, Board of
Item V.2.2 of the Regulation of Registration No. I-A, Attachment Directors, or executive officers.
of the Decree of Board of Directors of Jakarta Stock Exchange
No. Kep-305/BEJ/07- 2004 dated July 19, 2004, which is at
least 90% of the average closing price of the Bank’s share Whistleblowing System
trading on the Indonesian Stock Exchange, before the date
of the Bank’s notification to the Indonesia Stock Exchange Submission and Media of Violation Reports
concerning the opening of the Exercise Window Period for
Option Rights in the MESOP Program. The policy and scope of complaints are regulated as follows,
among others:
Participants of the MESOP Program are as follow: 1. Source of whistleblowing reporting with identity
• Board of Commissioners, excluding Independent 2. The Bank’s management emphasizes the effectiveness of
Commissioners implementing a fraud control system on the disclosure of
• Sharia Supervisory Board. complaints.
• Members of Board of Directors who served at the time of 3. Management of the Bank has a strong commitment to
issuance of Option Rights provide support and protection to each fraud reporter and
• Structural Officers, including Division Heads, Main Branch to guarantee the confidentiality of the identity and report
Managers, Sub-Division Heads, Branch Managers, and of fraud submitted.
Department Heads at Main Branch. 4. Means of complaints provided by the Bank in the form of:
• Participants entitled to participate in the MESOP • Come in person and write to the Bank Jatim Internal
program are permanent employees registered as MESOP Audit Division (Jln. Basuki Rahmat No.98 - 104
surabaya).
586 PT Bank Pembangunan Daerah Jawa Timur Tbk
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• Website via https://wbs.bankjatim.co.id/ 1. Reviewing information entered through the whistleblower
• Text/Whatsapp Phone to 081330003040 or from the results of the examination of the Bank’s internal
5. Fraud complaint criteria refer to the provisions and audit team and collecting evidence of both physical
applicable laws. evidence, information on the scene (other information) and
summons of witnesses related to the type of irregularities
Protection of Whistleblowers that occurred and people who were indicated to have
committed a crime (fraud).
As a form of the Bank’s commitment to implementing antifraud 2. Conducting an examination by verifying the evidence
strategies and mechanisms for complaints of violations and and information and the truth can be trusted and if the
guaranteeing protection for reporters in good faith, the Bank verification and information cannot be trusted then the
is obliged to: evidence is made as a document/archive and the process
1. Banks are required to protect whistleblowers. is terminated.
2. The protection provided by the Bank against whistleblowers 3. If the perpetrators and witnesses are not cooperative
is intended to encourage the courage of whistleblowers to (collaboration) confrontation will take place.
report fraud complaints in a clear, detailed and transparent 4. Carrying out examination on the weaknesses of the system
manner. procedure, the weakness of the technology system or
3. Whistleblower protection includes protection of others.
whistleblower identity and report content. 5. Calculating the estimated loss (financial loss) that occurs
4. The Bank is committed to protecting whistleblowers in from the fraud.
good faith and the Bank will comply with all relevant laws
and regulations as well as best practices that apply in Employees involved in fraud cases are subject to sanctions
managing whistleblowers. according to the prevailing Reward & Punishment Guidelines
5. All reports of fraud complaints will be guaranteed of Bank Jatim, including written warnings, demotions to
confidentiality and security by the Bank and whistleblowers termination of employment depending on the type of violation
can obtain information about the progress of their that has been committed and the loss suffered.
complaints.
6. The Bank provides protection to internal Bank employee Bank Jatim will continue to strive to increase the understanding
whistleblowers from the following: and concern of employees and other parties to report violations
- Dismissal. through whistleblowing facilities so that they are expected to
- Demotion. be able to create a clean and integrity work environment. In this
- Discriminatory acts. regard, the following steps have been taken:
- Intimidation. 1. Undertake Anti-Fraud Strategy program, including surprise
- Other protections in accordance with the prevailing audit (Operational & Credit).
laws and regulations. 2. Conducting socialization related to the implementation of
anti-fraud strategy and whistleblowing system at the exit
Complaint Management meeting results of the audit and employees including new
employees.
The process of investigating and collecting evidence related to 3. Disseminating materials related to the implementation of
events that are reasonably suspected of acts constituting fraud antifraud and whistleblowing strategies in the education
consisting of several stages including: schedule of employee promotion programs.
4. Developing the Anti-Fraud Strategy system.
PT Bank Pembangunan Daerah Jawa Timur Tbk 587
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Flowchart of Anti-Fraud Strategy Implementation
Start
Whistlebower Suprise Audit Surveillance Audit General Audit
Operational and Financial AuditSub-Division
Witness Initial Indication Initial Evidence
(In-Depth Indication Analysis)
Extracting Information from Initial Witnesses (Re-
Testing (Validation) of Physical Evidence
porters)
Cross-Examination of Additional Witnesses Expansion and Testing of Additional Evidence
Insufficient
FRAUD Investigation Terminated
Evidence
yes BUKTI SAH xxx
Initial Fraud Report Bank Indonesia
Special Audit
Special & Assistance Sub Division
(Special Audit Process)
Confrontation with Other Parties Involved Verification of Material Losses
Confrontation with the Main Perpetrator Modus Operandi Reconstruction
President Director
Special Audit Report
Board of Commissioners
Operational and Financial
Biannual S.A.F Implementation
Bank Indonesia
Auditing Sub Division
Report
(Reporting)
Monitoring, Evaluation & Follow-up Relevant Parties
Finish
588 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Types of Violations that can be Reported Anti Corruption Program
There were 2 types of violations, namely violations of discipline Programs and Procedures in Overcoming
and disciplinary violations related to violations of rules that were Corruption, Kickbacks, Fraud, Bribery and/or
processed through the Human Capital Division and their actions Gratification Practices
in the form of Coaching, Mentoring and Counseling related to
disciplinary violations, types of violations that could later be Prevention of Corruption Practices
processed and deepened by the Internal Audit Division.
Bank Jatim has implemented several policies related to
Management of Violation Reports Corruption Prevention, including the Implementation of Anti
Fraud Strategies, Work and Business Ethical Behavior (Code
The complaint database from the whistleblower was under of Conduct), Conflict of Interest Guidelines, Corporate Culture,
the authority and responsibility of the Internal Audit Division Gratuity Policy, Employee Discipline Regulations, Market
and for complaint information was the responsibility of the Code of Ethics Guidelines, and Guidelines for Maintaining the
Operational & Financial Audit Sub Division. Confidentiality of Data and Information.
Socialization of Whistleblowing System Actions taken by Bank Jatim to address issues of corrupt
practices, particularly in Conflict of Interest, are regulated,
Socialization of the Whistleblowing System is carried out including the following:
simultaneously with socialization related to the implementation 1. All parties, both employees and leaders, must obey the
of anti-fraud strategies and at the exit meeting of audit results code of ethics
and employees including new employees. 2. Maintaining the confidentiality of company information
3. A prohibition for all levels of the Company from providing
Number of Complaints and Its Follow Up or promising gratuities, both directly and indirectly, which
are considered bribery to government officials or state
In 2025, 3 (three) reports met the elements of fraud through administrators if such provision is related to their position
the whistleblower mechanism. Below is a table detailing the and conflicts with their obligations or duties
number of complaints received through the whistleblower 4. A prohibition on receiving or requesting gratuities,
channel during 2025: considered as bribery, directly or indirectly, from any
party to influence the policies/decisions/treatments of
Bank officials and employees according to their positions,
Number of authorities, and responsibilities.
No Description
Complaints 5. The obligation to reject gratuities considered as bribery,
whether received directly or indirectly.
1 Number of Complaints in2025 5
2 Number of Complaints Processed 5
Implementation of Anti-Fraud Strategy
Number of Complaints That Have Been In order to prevent cases of operational irregularities at the
3 5
Completely Processed
Bank, especially fraud that could harm customers or banks
4 Number of Unfinished Complaints Processed 0 and the issuance of Financial Services Authority Regulation
No. 12 of 2024 dated July 23, 2024 concerning implementing
an Anti-fraud Strategy for Commercial Banks, it is necessary
Sanctions/Follow Up on Complaints in 2025 to increase the effectiveness of internal control to minimize
fraud risk including implementing an antifraud strategy. The
Complaints that have been successfully processed and proven organizational system responsible for implementing the anti-
are then subject to sanctions according to the provisions fraud strategy at Bank Jatim is the Internal Audit Division.
outlined in Bank Jatim’s reward and punishment policy.
The implementation of the fraud control system has been
carried out in accordance with the anti-fraud strategy
Completed Complaints guidelines as stipulated in the Board of Directors’ Decree No.
Total Sanctions/ Follow Up
Processed in 2025 63/03/10/DIR/AUI/KEP dated February 21, 2024 concerning
the Standard Operating Procedure (SOP) for the Anti-Fraud
Employees involved are Strategy of Bank Pembangunan Daerah Jawa Timur Tbk.
subject to sanctions in
Proven 3 Every fraud incident is of particular concern in resolving the
accordance with the
violation matrix case. The Bank’s Management requires that all appropriate
levels within the Bank’s internal environment have concerns
Not Proven 2 -
PT Bank Pembangunan Daerah Jawa Timur Tbk 589
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for anti-fraud. The anti-fraud concern is pursued continuously Anti-Bribery Management System
in the form of zero tolerance for fraud. In implementing the Anti
Fraud Strategy in the form of a Fraud control system, it includes Bribery is a phenomenon that often occurs within the banking
4 (four) interrelated pillars, namely Prevention, Detection, sector. Bribery has serious implications for the Bank’s
Investigation Reporting and Sanctions, Monitoring Evaluation, performance sustainability. Therefore, Bank Jatim is committed
and Follow Up. to preventing bribery through the implementation of the ISO
37001:2016 Anti-Bribery Management System (ABMS).
Prevention
The prevention pillar is part of the fraud control system that Implementation of the ISO 37001:2016 Anti-Bribery
aims to include steps to reduce the potential risk of fraud, Management System (ABMS) is carried out by Bank Jatim
including anti-fraud awareness, identification of vulnerabilities through a series of the following steps:
and Know your employee. 1. Establishment of the Anti-Bribery Management System
Policy signed by all Directors
Detection 2. Appointment of a competent work unit to oversee
The detection pillar is part of the fraud control system which compliance with anti-bribery practices, referred to as the
aims to contain steps to identify and find fraud in the Bank’s Anti-Bribery Compliance Function
business activities, including policies and mechanisms for 3. Training on awareness of the ISO 37001:2016 Anti-Bribery
whistleblowing, surprise audits, surveillance systems. Management System (ABMS) attended by representatives
from the relevant work units
Reporting Investigations and Sanctions 4. Establishment of internal regulations related to the Anti
The Investigation, Reporting and Sanctions Pillar is part of the Bribery Management System
fraud control system which aims to include steps for digging up 5. Implementation of anti-bribery and gratuity socialization
information (investigation), reporting system, and imposition of for Bank vendors
sanctions for fraud in the Bank’s business activities. 6. Sign the Integrity Pledge by the Board of Commissioners,
Board of Directors, and all employees
Monitoring Evaluation and Follow-up 7. Implementation of Stage 1 and Stage 2 audits by the
The Monitoring Evaluation and Follow-up Pillar is part of the Certification Body
fraud control system which aims to include steps to monitor
and evaluate fraud as well as follow-up mechanisms for frauds As a result of these measures, Bank Jatim obtained the
that occur. ISO 37001:2016 Anti-Bribery Management System (ABMS)
Certificate from the Certification Body on December 18,
The implementation of the four pillars takes into account the 2023, and on December 15, 2025, the 2nd audit surveillance.
following: was conducted. With the acquisition of the ISO Anti-Bribery
1. Bank’s internal and external environmental conditions Management System (ABMS) certificate, it is expected to:
2. Complexity of business activities 1. Raising the awareness among all executives and employees
3. Potential, types and risks of fraud about the risk of bribery in Bank Jatim business processes
4. Adequacy of the required resources 2. Enhancing the trust of stakeholders and shareholders in
Bank Jatim services.
The successful implementation of the overall antifraud strategy 3. Improving Bank Jatim business performance.
depends very much on the commitment and enthusiasm of
the Board of Commissioners and Directors to foster a culture Gratification Policy
and anti-fraud concern at all levels of the Bank’s organization.
One of them is by making a written commitment called the In order to create an anti-corruption culture and provide a
AntiFraud Declaration signed by the Board of Commissioners, reference for the implementation of gratificiation control and
Directors and all employees of the Bank’s organization. reportin, Bank Jatim establishes a gratification policy through:
1. Decree of the Board of Directors Number 062/03/41/
Prevention and detection and identification of potential risks DIR/ KPT/KEP dated July 21, 2023 concerning Standard
of vulnerability is an early warning system for the operational Operating Procedure (SOP) Gratification Control and
process. Identification of findings that indicate fraud, is implied Reporting.
in the whistleblowing policy and mechanism. Through this 2. Circular Letter Number 062/04/25/KPT/SE dated April
mechanism it is expected to detect early on the occurrence 4, 2023 concerning Technical Guidelines for Gratification
of a violation and can increase the level of participation of Reporting.
employees, customers and other stakeholders in reporting a
violation and be used as an early warning of the possibility of a
violation in the Bank.
590 PT Bank Pembangunan Daerah Jawa Timur Tbk
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The policy regulates the types of gratification objects that 3. E-Learning: “Enhancing Understanding of Gratification for
must be reported, the types of gratification objects that are not State Officials and Civil Servants” (Weight 40%)
required to be reported (excluded), the rights and protection of
the reporter, as well as the gratification reporting mechanism. No. Component Weight Score
GRATIFICATION CONTROL MANAGEMENT 1 E-Learning on Enhancing 100 100
Understanding of
Gratification
As an effort in controlling gratification, Bank Jatim implements
several programs that refer to the provisions and procedures Total Score for E-Learning on Gratification 40
Control
set by the Corruption Eradicatio Commission (KPK). The
Gratification Control Program (PPG) established by the
Corruption Eradication Commission (KPK) includes the 4. Socialization/Dissemination of Gratification Control
following: (Weight 60%)
1. Gratification Control Framework;
2. Dissemination of Gratification Control Messages; No. Component Weight Score
3. E-Learning: “Enhancing Understanding of Gratification for
State Officials and Civil Servants”; 1 Socialization to Internal 50 100
4. Socialization/Dissemination of Gratification Control; Parties (All Employees)
5. Completion of Core Business Activities with Sector 2 Socialization to External 50 80
Options Based on Risk Monitoring and Evaluation (Monev) Parties
Classification;
Total Score for Socialization/Dissemination of 54
6. Identification of High-Risk Areas for Gratification Practices; Gratification Control
7. Risk Mitigation for High-Risk Gratification Practices;
8. Reporting of Acceptance and/or Rejection of Gratification;
9. Innovation in Gratification Control. 5. Completion of Main Activities/Core Business with Sector
Options based on the Risk Monitoring and Evaluation
Every semester, the Corruption Eradication Commission Classification (Weight 100%).
(KPK) conducts an assessment of the implementation of the
Gratification Control Program (PPG) carried out by Bank Jatim. No. Component Weight Score
In 2025, the implementation of Bank Jatim’s PPG received a
score of 77.8 from the KPK, with the following details: 1 Main Activities 100 60
1. Gratification Control Framework (Weight 100%)
Total Score of Main Activities 60
No. Component Weight Score
6. Identification of High-Risk Areas for Gratification Practices
1 Gratification Control 50 100 (Weight 100%)
Regulations
No. Component Weight Score
2 Establishment/Decree or 50 100
Other Documents
1 Identification of High-Risk 100 60
Total Score for Gratification Control Framework 100
Areas for Gratification
Practices
2. Dissemination of Gratification Control Messages (100%) Total Score for Identification of High-Risk Areas 60
No. Component Weight Score
7. Risk Mitigation for High-Risk Gratification Practices (Weight
1 Message Dissemination via 50 100 100%)
Media (Internal Target)
No. Component Weight Score
2 Message Dissemination via 50 100
Media (External Target)
1 Risk Mitigation for High-Risk 100 60
Total Score for Message Dissemination via 100
Gratification Practices
Media
Total Score for Risk Mitigation of High-Risk 60
Areas
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8. Reporting of Gratification Acceptance and/or Rejection
Execution Number of
(Weight 100%) Thema
time participants
No. Component Weight Score
National Seminar on Corruption February 20-
2
Prevention & Mitigation 21, 2025
1 Gratification Reporting 100 80
Total Score for Gratification Reporting 80
Management of State Official Wealth
9. Innovation in Gratification Control (Weight 100%) Reports
No. Component Weight Score Bank Jatim has implemented the reporting of State Officials’
Wealth Reports (LHKPN) since 2018 based on Board of
1 Innovation in Gratification 100 80 Directors’ Decree No. 057/401/DIR/KPT/KEP dated December
Control 31, 2018 concerning the LHKPN Reporting Procedure within PT
Total Score for Innovation in Gratification 80 Bank Jatim Tbk. This regulation has been revoked and updated
Control several times, with the most recent update stipulated in Board
of Directors’ Decree No. 064/03/51/DIR/KPT/KEP dated
December 10, 2025 regarding the SOP for State Officials’
Socialization of Gratuity Policy Wealth Reports (LHKPN), which regulates the following:
1. Organization
During 2025, dissemination of the Gratification policy was a. Cooperation between the Corruption Eradication
conducted both offline and online for all employees as part of Commission (KPK) and the Bank;
the Bank Jatim Culture Socialization program. The sessions b. Management Unit of the State Officials Wealth Reports
were facilitated by speakers from the Compliance and APU (LHKPN);
PPT PPP SPM Division, Legal Division, Policy and Procedure c. Mandatory Report of the State Officials Wealth Reports
Division, Internal Audit Division, Human Capital Division, and (LHKPN);
Risk Management Division, and were held from October 2, d. Implementation of Risk Management and Internal
2025 to November 14, 2025. Control.
2. LHKPN Implementation Procedures
Gratification Report in 2025 a. Provisions for LHKPN Submission
b. LHKPN Reporting Process Flow
Throughout 2025, reports on the acceptance and/or refusal c. LHKPN Examination
of gratification were submitted to the Bank Jatim Gratification d. Power of Attorney
Control Unit. Further reporting was carried out through the 3. Administrations and Sanctions
KPK Online Gratification Application (GOL), totaling 15 reports, a. Administrations
with details as follows: b. Sanctions.
Mandatory Report of The State Assets Report
No. Types of Reporting Total (LHKPN)
1. Reporting of Gratification Acceptance 13 In accordance with the Corruption Eradication Commission
Regulation No. 07 of 2016 concerning Procedures for
2. Reporting of Gratification Refusal 2
Registration, Announcement and Examination of State
Organizer’s Assets, as updated in the Corruption Eradication
Anti-Corruption Training/Socialization for Commission Regulation No. 2 of 2020 that State Organizers
Employees are required to submit the State Officials Wealth Reports
(LHKPN) to the Corruption Eradication Commission. Therefore,
those categorized as Mandatory Reports within the Bank in
Execution Number of accordance with Law No. 28 of 1999 are as follows:
Thema
time participants
1. Board of Commissioners;
2. Sharia Supervisory Board;
Anti-Corruption for Regional September 3. Board of Directors;
2
Development Bank (BUMD) Cluster 3-26, 2025
4. Other structural officials who are definitive officials include
Forensic Audit and Corruption March 13-14,
2 Senior Executive Vice Presidents (SEVP), Vice Presidents
Detection Training 2025
(VP), Head Branch Leaders, Assistant Vice Presidents (AVP),
592 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Head of Credit Division (PBK) at Main Branches, Head of • Verifying the updating of PN/WL of LHKPN data
Priority Banking Division (PBB) at Main Branches, Head carried out by the Work Unit Admin;
of Operations Division (PBO) at Main Branches, Branch d. Fasilitate PN/WL of LHKPN who experience technical
Leaders (PC), and equivalent structural officials assigned problems when using the e- LHKPN application;
to Pension Funds and/or Employee Welfare Foundations. e. Obtaining information from the Corruption Eradication
Committee regarding LHKPNs that have not submitted
Management Unit The State Officials Wealth LHKPNs and/or making improvements to LHKPNs
Reports (LHKPN) that have been verified by the Corruption Eradication
Committee;
In accordance with Board of Directors’ Decree No. 064/03/51/ f. Monitoring the level of compliance of PN/WL in
DIR/KPT/KEP dated December 10, 2025 regarding the SOP for implementing LHKPN reporting to the Corruption
State Officials’ Wealth Reports (LHKPN), as follows: Eradication Commission;
1. Agency Admin g. Have the independence to issue warning letters or
Managed by the Compliance and AML CTF PFC Division administrative sanctions for PN/WL that do not sumbit
with the following roles: LHKPN according to the predetermined time limit.
a. Supervisor: Vice President of Compliance and AML
CTF PFC; 2. Work Unit Admin
b. Person in Charge: Assistant Vice President of Managed by the work unit authorized to handle human
Compliance and Governance; capital with organs:
c. Executors: Officers and/or Junior Officers of the group a. The supervisor is the Vice President of Human Capital;
overseeing the LHKPN reporting function. b. Person in Charge: Assistant Vice President of Human
Capital Operations;
Has duties and authorities which include: c. Executors: Supervisors and/or Staff of Personnel Data
a. Coordinating with KPK regarding regulatory changes and Human Capital Information System (HCIS).
and e-LHKPN application management within the
Bank; Has duties and authorities including:
b. Conducting socialization to PN/WL on external Manage the e- LHKPN application (e-registration menu)
provisions and internal provisions regarding LHKPN; within the Bank’s work unit through the e- LHKPN
c. Managing the LHKPN e-registration application within application involving:
the Bank through the e-LHKPN application including: • Updating PN/WL of LHKPN staffing data that has
• Registering and activating PN/WL data that must changed data within the Bank in the e- LHKPN
report LHKPN using the e-LHKPN application application (e-registration menu);
(e-registration menu); • Coordinate with the agency admin for data changes
• Updating PN/WL of LHKPN employment data that within the Bank.
has changed data in the Bank environment in the
e- LHKPN application (e-registration menu);
Periodic LHKPN reports have been submitted to the Corruption Eradication Commission (KPK) in accordance with the prescribed
deadlines, namely: for Periodic Reporting, from January to 31 March; for Special Initial Office Reporting, no later than 2 (two) months
after being appointed as a State Official; and for Special End-of-Term Reporting, no later than 2 (two) months after the end of the
term of office. The details up to 2025 are as follows:
No. LHKPN Reporting Type Number of Reports Description
Periodic reporting for the 2024 reporting year was submitted in
1. Periodic, Reporting Year 2024 52
accordance with regulations from January 2025 to March 31, 2025
2. Special 36 -
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Total Internal Frauds and Remedies
Number of frauds committed (Internal)
Members of the Board of
Internal Fraud in 1 Commissioners and Members of Permanent Employees Non-Permanent Employees
Year the Directors
Previous Year Current Year Previous Year Current Year Previous Year Current Year
(2024) (2025) (2024) (2025) (2024) (2025)
Total Fraud - - 13 22 1 1
Resolved - - 13 22 1 1
In the Settlement - - - - - -
Process in the Bank’s
Internal
Not Resolved Yet - - - - - -
Has Been Followed - - - - - -
Up Through Legal
Process
Provision of Funding for Social and/or Transactions Containing Conflicts of
Political Activities Interest
A description related to corporate social responsibility is The forms of conflict of interests include:
submitted in the 2025 Sustainability Report. As for providing 1. Gratification;
funds for political activities, during 2025, Bank Jatim will not 2. Misappropriation of Assets;
provide funds for political activities or to political parties. 3. Misuse of confidential/important information;
4. Position Traps;
5. Granting special access that violates the procedure;
Provision of Funds to Related Parties and 6. Unprofessional supervision;
Provision of Large Funds 7. Subjective and not independent assessment;
8. Decision on licensing, allocation/budget, investment;
Descriptions regarding Provision of Funds to Related Parties 9. Determination of partners (procurement);
and Provision of Large Funds are presented in the Management 10. Recruitment, hiring, performance appraisal;
Analysis and Discussion Chapter in this Annual Report. 11. Use of information;
12. Commercialization of public services.
Bank Strategic Plan An activity is considered to give rise to a conflict of interest if:
1. Transactions for the provision of funds and procurement
A description of the Bank’s Strategic Plan is presented in the of goods/services occur between the Company and
Management Discussion and Analysis Chapter in this Annual Related Parties including the Board of Directors, Board
Report. of Commissioners, Executive Officers, Decision-making
Officers
2. There are officers/employees of the Company who have
Share Buyback and Bond Buyback a first degree family relationship who are in 1 (one) line of
management.
During 2025, the Company will not carry out share buybacks
and bond buybacks.
594 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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3. Transactions between the Company and its officials or The main elements that must be fulfilled in managing conflicts
employees—whether active or those who have retired/ of interest of the company, employees and company leaders
resigned but have not yet exceeded six (6) months—as are as follows:
well as their families, and/or with companies in which the 1. Comply with and comply with applicable laws and
Company’s officials or employees and their families, either regulations, including company culture.
directly or indirectly, hold shares, must not exceed 25% 2. Avoid activities that could cause a conflict of interest.
(twenty-five percent) of the total shares of the respective 3. Store and maintain the confidentiality of company
company. information and information with parties who have business
4. Transactions as stated in point 3 must have a minimum relationships with the company. Compliance with the
value of 50% (fifty percent) of the Company’s capital, company’s code of conduct is very important to maintain
based on the most recent audited financial statements. and advance the company’s reputation.
5. Transactions with other affiliated parties.
Conflict of Interest Disclosure
Transactions and activities that have the potential to give rise 1. If there is a conflict of interest, officials and/or employees
to conflicts of interest include: who have a conflict of interest do not use their rights/
1. Credit transactions are categorized as containing a conflict authority in making decisions and are required to disclose
of interest if the Bank/deciding official is the same party or the said conflict of interest.
has a family, ownership, management, financial or interest 2. If there is a conflict of interest in the field of credit and/
relationship with the credit recipient. or operations at a branch office, officials and/or employees
2. Fund and service transactions are categorized as who have a conflict of interest do not use their rights/
containing a conflict of interest if the Bank/deciding official authority in making decisions.
is the same party or has a family, ownership, management, 3. If a conflict of interest occurs in an employee/officer
financial or interest relationship with the deposit customer according to their respective fields, the employee/official
or user of the Bank’s services so that the customer in does not use his authority in making decisions and then the
question is given special conditions that are different from decision-making process is handed over to his superiors in
the treatment of customers in general. stages.
3. Goods and services transactions are categorized as 4. If a decision still has to be taken, the official or employee
containing a conflict of interest if the Bank or the deciding involved in the decision-making process must prioritize the
official is the same party or has a family, ownership, economic interests of the Bank from losses that may arise
management, financial or interest relationship with the or the possibility of reducing the Bank’s profits.
provider of the goods/services so that the determination 5. Required to disclose the condition of the conflict of interest
of the appointment or winner has potentially unreasonable which is attached to the Minutes of Meeting along with
conditions causing detrimental effect to the bank or reduce documentation containing considerations for making the
the bank’s profits. decision.
4. Management of human resources which has the potential
for a conflict of interest if in a bank there are several people During 2025, there was no transactions containing conflicts of
who have family relationships up to the second degree and interest.
are at the same bank.
5. What is included in the category of prohibited conflicts
of interest is the practice of giving and/or receiving gifts, Internal Disputes
bribes and the like which are reasonably suspected to be
detrimental to the Company’s interests, contrary to sound During 2025 there were no internal disputes caused by the
business ethics and/or contrary to applicable law. remuneration policy.
In an effort to avoid conflicts of interest, all parties, both
employees and company leaders, must comply with the code
of ethics. If employees and company leaders become aware
of practices that lead to a conflict of interest, they must
immediately report it to their superiors.
PT Bank Pembangunan Daerah Jawa Timur Tbk 595
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07 Governance
Prevention of Insider Trading Transparency of Financial and Nonfinancial
Conditions
Provisions governing Insider Trading practices are stipulated
in Chapter II of the Corporate Secretary Investor Management Bank Jatim has fulfilled its obligation to Bank Indonesia to
SOP, as follows: conduct transparency of financial and non-financial conditions
in accordance with applicable regulations, publication of
TRADING INSIDER CRITERIA information submission through print media and the Bank’s
website as follows:
This practice occurs when parties outside the bank buy or sell 1. Monthly and Quarterly Financial Statements that have
bank securities based on information from insiders that is not been submitted and published to the Regulator and on the
published. Bank’s website.
1. Insider Trading Criteria 2. Annual Reports that have been submitted and published to
a. Bank insider, namely: the Regulator and on the Bank’s website.
• Commissioner, Director or Bank Employee; 3. Corporate Governance Information such as:
• The main shareholder of the Bank; a. Vision and mission of the Bank
• Individuals who because of their position or b. Composition and Profile of the Board of Commissioners
profession or because of their business relationship and Board of Directors
with the issuer or public company enable that c. Guidelines and Rules of Committee
person to obtain information; or d. Corporate Governance Practices
• A party who within the last 6 (six) months is no 4. Information on Bank’s Products and Services such as
longer a party as referred to in letters a, b, c above. e-forms of credit along with a wide spread of Office
b. Have inside information, where the information or Networks making it easier for customers, investors to
material facts are not yet available to the public. access such information.
Insiders are prohibited: 5. Information that aims to educate customers such as
• Influencing other parties to buy or sell the banking services, banking mediation, customer complaints
securities in question; mechanisms, banking security tips and magazines/
• Providing inside information to any party who bulletins for Bank Jatim which can be downloaded via the
reasonably suspects may use the information in Company’s website.
question to purchase or sell securities.
All of the two elements mentioned above must be met
in order to be subject to insider trading. Bank Business Group
2. Sanctions for Insider Trading
a. Article 102 Law No. 8 of 1995 PT Bank Pembangunan Daerah Jawa Timur Tbk established
mposing administrative sanctions in the form of: a Bank Business Group (“KUB”) with 5 (five) Regional
• Written Warning; Development Banks (“BPD”) in Indonesia, namely:
• Fines, namely the obligation to pay a certain 1. PT Bank Pembangunan Daerah Nusa Tenggara Barat
amount of money; Syariah (“Bank NTB Syariah”);
• Restrictions on business activities; 2. PT Bank Pembangunan Daerah Nusa Tenggara Timur
• Suspension of business; (“Bank NTT”);
• Revocation of business permits; 3. PT Bank Pembangunan Daerah Banten (Perseroda) Tbk
• Cancellation of consent; And (“Bank Banten”);
• Pembatalan Cancellation of registration. 4. PT Bank Pembangunan Daerah Sulawesi Tenggara (“Bank
b. Article 104 of Law No.8 of 1995 Sultra”);
Any party who violates the provisions as intended 5. PT Bank Pembangunan Daerah Lampung (“Bank
in Article 90, Article 91, Article 92, Article 93, Article Lampung”).
95, Article 96, Article 97 paragraph (1), and Article 98
is threatened with imprisonment for a maximum of 10
(ten) years and a fine of up to IDR 15,000,000,000
(fifteen billion rupiah).
During 2025, Bank Jatim will not have Insider Trading.
596 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
The percentage of share ownership in each Bank business group is as follows:
Subsidiary Company Percentage of Share Ownership
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah (“Bank NTB Syariah”) 3,83%
PT Bank Pembangunan Daerah Nusa Tenggara Timur (“Bank NTT”) 3,24%
PT Bank Pembangunan Daerah Banten (Perseroda) Tbk (“Bank Banten”) 0,05%
PT Bank Pembangunan Daerah Sulawesi Tenggara (“Bank Sultra”) 3,38%
PT Bank Pembangunan Daerah Lampung (“Bank Lampung”) 5,42%
Implementation of Sustainable Finance, Including the Implementation of Social
Responsibility
Information related to the implementation of sustainable finance, including the implementation of social responsibility, is presented
in the 2025 Sustainability Report.
Implementation of Public
Company Governance Guidelines
No Aspects; Principles; Recommendations Comply or Explain
A. Aspect 1: Public Company Relations With Shareholders In Guaranteeing Shareholder Rights
A.1. Principle 1: Increasing the Value of Organizing a General Meeting of Shareholders (GMS).
A.1.1. Recommendation 1: A Public Company had a technical method or procedure Comply
for voting, both openly and privately, that prioritized
independence and the interests of shareholders Bank Jatim has procedures for the
Explanation: Each share with voting rights issued had one vote General Meeting of Shareholders
(one share one vote). Shareholders could exercise (GMS) which are regulated in the
their voting rights when making decisions, especially Company’s Articles of Association
in making decisions by voting. However, the decision- Deed number June 24, 2025.
making mechanism by means of voting, both openly and
privately, had not been regulated in detail. Each shareholder is only given 1 (one)
vote, representing the entire number
Public companies were recommended to have voting of shares he owns. Vote counting will
procedures in making decisions on a GMS agenda. The be carried out using a “raise hand and
voting procedure had to maintain the independence or hand over voting rights” mechanism.
freedom of shareholders. For example, in open voting,
it was done by raising hands in accordance with the
choice instructions offered by the chairman of the
GMS. Meanwhile, closed voting was carried out on
decisions that require confidentiality or at the request
of shareholders, by using a voting card or by using
electronic voting.
A.1.2. Recommendation 2: All members of the Directors and members of the Board Comply
of Commissioners of a Public Company attended the
Annual GMS. At the 2025 Fiscal Year GMS, all
Explanation: The presence of all members of the Directors and members of the Board of Directors and
members of the Board of Commissioners of a Public Board of Commissioners were present.
Company was intended so that each member of the
Directors and member of the Board of Commissioners
could pay attention, explain, and answer directly
the problems that occured or questions raised by
shareholders related to the agenda at the GMS.
PT Bank Pembangunan Daerah Jawa Timur Tbk 597
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07 Governance
No Aspects; Principles; Recommendations Comply or Explain
A.1.3. Recommendation 3: The summary of the minutes of the GMS was available on Comply
the Public Company Website for at least 1 (one) year.
Explanation: Based on the provisions in Article 34 paragraph (2) of
the Financial Services Authority Regulation Number The minutes of the AGMS and EGMS in
32/POJK.04/2014 concerning the Plan and Organizing Indonesian and English are available
of the General Meeting of Shareholders of a Public on the Website and can be downloaded
Company, a Public Company was required to make a until the 2025 fiscal year.
summary of the minutes of the GMS in Indonesian and
foreign languages (at least in English), and announced
2 (two) working days after the GMS was held to the
public, one of which was through the Public Company
Website. The availability of a summary of the minutes
of the GMS on the Public Company Website provided
an opportunity for shareholders who were not present
to obtain important information in holding the GMS
easily and quickly. Therefore, the provision regarding
the minimum period for the availability of the summary
of the minutes of the GMS on the Website was intended
to provide sufficient time for shareholders to obtain such
information.
A.2. Principle 2: Improving the Quality of Public Company Communication with Shareholders or Investors.
A.2.1. Recommendation 4: The Public Company had a communication policy with Comply
shareholders or investors.
Explanation: The existence of communication between the Public
Company and the shareholders or investors was Bank Jatim has a Communication
intended so that the shareholders or investors got Policy with shareholders or investors
a clearer understanding of the information that had as stipulated in the Directors Decree
been published to the public, such as periodic reports, number 062/03/40/ DIR/CSE/KEP
information disclosure, business conditions or prospects regarding SOP Investor Management.
and performance, as well as the implementation of the
Public Company’s governance. In addition, shareholders
or investors could also submit inputs and opinions to the
management of the Public Company.
The communication policy with shareholders or investors
showed the commitment of the Public Company in
carrying out communication with shareholders or
investors. The policy might include strategies, programs,
and timing of communications, as well as guidelines that
supported shareholders or investors to participate in
these communications.
A.2.2. Recommendation 5: The Public Company disclosed the Public Company’s Comply
communication policies with shareholders or investors
on the Website. The Communication Policy
Explanation: Disclosure of communication policies was a form of with Investors as described in
transparency on the commitment of the Public Company recommendation 4 can be accessed
in providing equality to all shareholders or investors in by the public through the Bank Jatim
the implementation of communications. Disclosure of website at the following link: https://
information also aimed to increase the participation and www.bankjatim.co.id/id/tatakelola
role of shareholders or investors in the implementation company/ kebijakan
of the Public Company communication program.
B. Aspect 2: Function and Role of The Board of Commissioners
B.1. Principle 3: Strengthening the Membership and Composition of the Board of Commissioners.
B.1.1. Recommendation 6: The determination of the number of members of the Comply
Board of Commissioners considered the conditions of
the Public Company.
Explanation: The number of members of the Board of Commissioners Determination the Board of
could affect the effectiveness of the implementation Commissioners members of Bank
of the duties of the Board of Commissioners. Jatim has taken into the conditions
Determination of the number of members of the Board of of the Public Company including the
Commissioners of a Public Company had to refer to the number of assets, achievement of
provisions of the applicable laws and regulations, which company performance, vision mission,
consists of at least 2 people based on the provisions of goals and strategic directions, and also
the Financial Services Authority Regulation Number the provisions of the Financial Services
33/ POJK.04/2014 concerning the Directors and Board Authority Regulation Number 33/
of Commissioners of Issuers or Public Companies. In POJK.04/2014 concerning Directors
addition, it was also necessary to consider the condition and Board of Commissioners of Public
of the Public Company which includes the characteristics, Companies. This number has also been
capacity, and size, as well as the achievement of goals adjusted to the number of Board of
and fulfillment of different business needs among Directors members, as well as the
Public Companies. However, the number of members effectiveness of the implementation
of the Board of Commissioners that was too large has of the Board of Commissioners’
the potential to interfere with the effectiveness of supervisory function.
the implementation of the functions of the Board of
Commissioners.
598 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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No Aspects; Principles; Recommendations Comply or Explain
B.1.2. Recommendation 7: The determination of the composition of the members of Comply
the Board of Commissioners considered the diversity of
expertise, knowledge, and experience required. Determination of the composition
Explanation: The composition of the Board of Commissioners of the members of the Board of
was a combination of characteristics, both in terms Commissioners takes into account the
of the organs of the Board of Commissioners and diversity of expertise, knowledge, and
individual members of the Board of Commissioners, in experience required as stated in the
accordance with the needs of the Public Company. These Decree of the Board of Commissioners
characteristics could be reflected in the determination Number 061/03/07/DK/KEP dated
of the expertise, knowledge, and experience required in October 3, 2022 concerning the
carrying out the supervisory duties and providing advice Standard Operating Procedure
by the Board of Commissioners of a Public Company. The (SOP) for the Selection and/or
composition that has considered the needs of the Public Replacement of Members of the Board
Company was a positive thing, especially regarding of Commissioners and Members of
decision making in the context of implementing the the Board of Directors of PT Bank
supervisory function carried out by considering various Pembangunan Daerah Jawa Timur Tbk.
broader aspects.
B.2. Principle 4: Improving the Quality of Implementation of the Duties and Responsibilities of the Board of Commissioners
B.2.1. Recommendation 8: The Board of Commissioners had a self-assessment Comply
policy to assess the performance of the Board of
Commissioners.
Explanation: The Board of Commissioners’ self-assessment policy The Board of Commissioners has a
was a guideline used as a form of accountability for self- assessment policy to assess
collegially assessing the performance of the Board of the performance of the Board of
Commissioners. The self-assessment was meant to be Commissioners as regulated in the
carried out by each member to assess the performance Decree of the Board of Commissioners
of the Board of Commissioners in a collegial manner, and No 063/03/51/DKM/KEP dated
not to assess the individual performance of each member March 28, 2024 concerning the
of the Board of Commissioners. Standard Operating Procedure (SOP)
for the Work Guidelines of the Board of
With this self-assessment, it was hoped that each Commissioners.
member of the Board of Commissioners could
contribute to improving the performance of the Board
of Commissioners on an ongoing basis. The policy
might include assessment activities carried out along
with their aims and objectives, periodic implementation
times, and benchmarks or assessment criteria used
in accordance with the recommendations given by
the nomination and remuneration function of a Public
Company, where the existence of this function had been
required in the Authority Regulation. Financial Services
Number 34/POJK.04/2014 concerning the Nomination
and Remuneration Committee for Issuers or Public
Companies.
B.2.2. Recommendation 9: The self-assessment policy to assess the performance Comply
of the Board of Commissioners is disclosed through the
Public Company Annual Report. The Guidelines for the Performance
Explanation: Disclosure of the self-assessment policy on the Assessment of the Board of
performance of the Board of Commissioners is carried Commissioners of PT Bank
out not only to fulfill the transparency aspect as a form Pembangunan Daerah Jawa Timur Tbk
of accountability for the implementation of its duties, but are disclosed in the Annual Report.
also to provide confidence, especially to shareholders or
investors, on the efforts that need to be made to improve
the performance of the Board of Commissioners. With
this disclosure, shareholders or investors know the
mechanism of checks and balances on the performance
of the Board of Commissioners.
PT Bank Pembangunan Daerah Jawa Timur Tbk 599
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07 Governance
No Aspects; Principles; Recommendations Comply or Explain
B.2.3. Recommendation 10: The Board of Commissioners has a policy regarding the Comply
resignation of members of the Board of Commissioners if
they are involved in financial crimes.
Explanation: A policy requiring the resignation of members of the The resignation policy for the
Board of Commissioners involved in financial crimes Board of Commissioners only if the
constitutes a measure that can enhance stakeholders’ person concerned is a state official
trust in the Public Company, thereby preserving the who is a member of the Board of
Company’s integrity. Such policy is necessary to facilitate Commissioners, then the person
legal proceedings and to ensure that such proceedings concerned is required to resign from
do not disrupt the continuity of business activities. his position in government, who
Furthermore, from a moral perspective, this policy is involved in financial crimes is a
fosters an ethical culture within the Public Company. This policy that can increase stakeholder
policy may be incorporated into the Guidelines and/or confidence in a Public Company.
Code of Ethics applicable to the Board of Commissioners.
Furthermore, involvement in financial crimes refers to a
status whereby a member of the Board of Commissioners
has been legally convicted by the competent authority.
Financial crimes include, among others, manipulation
and various forms of embezzlement in financial services
activities, as well as Money Laundering offenses as
stipulated under Law No. 8 of 2010 concerning the
Prevention and Eradication of Money Laundering.
B.2.4. Recommendation 11: The Board of Commissioners or the Committee that Comply
carries out the Nomination and Remuneration function
shall formulate a succession policy in the process of Succession policy in the nomination
nominating members of the Directors. process for members of the Board
Explanation: Based on the provisions of the Financial Services Authority of Directors as stated in the Decree
Regulation Number 34/ POJK.04/2014 concerning the of the Board of Commissioners
Nomination and Remuneration Committee for Issuers Number 061/03/07/DK/ KEP dated
or Public Companies, the committee that carries out October 3, 2022 concerning the
the nomination function has the task of formulating the Standard Operating Procedure
policies and criteria needed in the nomination process for (SOP) for the Election and/or
prospective members of the Directors. One of the policies Replacement of Members of the Board
that can support the nomination process as referred to is of Commissioners and Members of
the succession policy for members of the Directors. The the Board of Directors of PT Bank
succession policy aims to maintain the continuity of the Pembangunan Daerah Jawa Timur Tbk
regeneration process or leadership regeneration in the which regulates candidate candidates
company in order to maintain business sustainability and from within the Company.
the company’s long-term goals.
C. Aspect 3: Function and Role of Directors
C.1. Principle 5: Strengthening the Membership and Composition of Directors.
C.1.1. Recommendation 12: The determination of the number of members of the Comply
Directors takes into account the condition of the Public
Company and its effectiveness in decision making. The determination of the Board of
Explanation: As a company organ that is authorized in managing the Directors, consisting of 8 (eight)
company, the determination of the number of Directors members, with the current effective
greatly affects the performance of the Public Company. composition being 7 (seven) members,
Thus, the determination of the number of members has taken into account the conditions
of the Directors must be carried out through careful of the public company, including
consideration and must refer to the provisions of the total assets, company performance
applicable laws and regulations, which are based on the achievements, and other factors, as
Financial Services Authority Regulation Number 33/ well as the provisions of Financial
POJK.04/2014 concerning the Directors and Board of Services Authority Regulation No.
Commissioners of Issuers or Public Companies at least 33/POJK.04/2014 concerning
consists of 2 (two) people. In addition, the determination the Board of Directors and Board
of the number of Directors must be based on the need to of Commissioners of Issuers or
achieve the aims and objectives of the Public Company Public Companies. This number has
and adjusted to the conditions of the Public Company also been aligned with the Board
which includes the characteristics, capacity, and size of Commissioners, whose current
of the Public Company as well as how to achieve the effective composition consists of
effectiveness of the Directors’ decision making. 5 (five) members, to ensure the
effectiveness of decision-making
carried out by the Board of Directors.
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No Aspects; Principles; Recommendations Comply or Explain
C.1.2. Recommendation 13: The determination of the composition of the members Comply
of the Directors takes into account the diversity of
expertise, knowledge, and experience required. Determination of the composition of
Explanation: Like the Board of Commissioners, the diversity of the Board of Directors members takes
the composition of the members of the Directors is a into account the diversity of expertise,
combination of desirable characteristics both in terms knowledge, and experience required
of organs of the Directors and individual members of as stated in the Decree of the Board of
the Directors, in accordance with the needs of a Public Commissioners Number 061/03/07/
Company. The combination is determined by taking DK/KEP dated October 3, 2022
into account the appropriate expertise, knowledge and concerning the Standard Operating
experience in the division of duties and functions of Procedure (SOP) for the Election and/
the Directors in achieving the objectives of the Public or Replacement of Members of the
Company. Thus, the consideration of the combination Board of Commissioners and Members
of these characteristics will have an impact on the of the Board of Directors of PT Bank
accuracy of the nomination process and the appointment Pembangunan Daerah Jawa Timur Tbk.
of individual members of the Directors or the Directors
collegially.
C.1.3. Recommendation 14: Members of the Directors in charge of accounting or Comply
finance have expertise and/or knowledge in accounting.
Explanation: The Financial Report is a management accountability Profile of the Director of Finance,
report for the management of resources owned by a Treasury & Global Services
Public Company, which must be prepared and presented Name:
in accordance with generally accepted Financial RM. Wahyukusumo Wisnubroto
Accounting Standards in Indonesia as well as related OJK Education:
regulations, including the laws and regulations in the • Bachelor’s Degree in Civil
Capital Market sector which regulates the presentation Engineering, Bandung Technology
and disclosure of Public Company Financial Statements. Institute, 1998
Based on the laws and regulations in the Capital Market • Master of Management, Gajah
sector which regulates the responsibilities of the Mada University, 2001
Directors for the Financial Statements, the Directors Trainings Attended Include :
is jointly and severally responsible for the Financial • Implementation of Internal Control
Statements, which are signed by the President Director Over Financial Reporting (ICOFR),
and members of the Directors in charge of accounting or Learning Banking Center, 2025
finance. • Treasury Certificate Refreshment
Program Level 7 (Advanced
Thus, the disclosure and preparation of financial Level), Association Cambiste
information presented in the financial statements will Internationale (ACI) Indonesia,
greatly depend on the expertise and/or knowledge of 2025
the Directors, particularly members of the Directors
in charge of accounting or finance. The existence of
qualifications of expertise and/ or knowledge in the field Members of the Board of Directors
of accounting that at least belongs to the said member of overseeing accounting or finance
the Directors can provide confidence in the preparation have possessed expertise and/or
of the Financial Statements, so that the Financial knowledge in the field of accounting.
Statements can be relied on by stakeholders as the basis The Board of Directors has submitted
for making economic decisions regarding the Public financial statements at the Annual
Company. Such expertise and/or knowledge can be General Meeting of Shareholders
proven by educational background, training certification, (AGM) and obtained approval from the
and/or related work experience. AGM.
C.2. Principle 6: Improving the Quality of Performing Duties and Responsibilities of Directors.
C.2.1. Recommendation 15: The Directors has a self-assessment policy to assess the Comply
performance of the Directors.
Explanation: As with the Board of Commissioners, the Directors’
self-assessment policy is a guideline used as a form of The Board of Directors has a self-
accountability for collegially assessing the performance assessment policy to assess the
of the Directors. The self-assessment is meant to be performance of the Board of Directors
carried out by each member of the Directors to assess as regulated in the Board of Directors
the performance of the Directors collegially, and not to Decree Number 063/03/17/ DIR/
assess the individual performance of each member of the PSM/KEP dated February 26, 2024
Directors. With this self-assessment, it is hoped that each concerning the Standard Operating
member of the Directors can contribute to improving the Procedure (SOP) for Performance
performance of the Directors on an ongoing basis. Management of PT Bank Pembangunan
Daerah Jawa Timur Tbk.
The policy may include assessment activities carried
out along with their aims and objectives, periodical
implementation time, and benchmarks or assessment
criteria used in accordance with the recommendations
given by the nomination and remuneration function of a
Public Company, where the establishment of this function
has been required in the Authority Regulation. Financial
Services Number 34/POJK.04/2014 concerning the
Nomination and Remuneration Committee for Issuers or
Public Companies.
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07 Governance
No Aspects; Principles; Recommendations Comply or Explain
C.2.2. Recommendation 16: The self-assessment policy to assess the performance of Comply
the Directors is disclosed in the Public Company’s annual
report. The performance evaluation of
Explanation: Disclosure of the self-assessment policy on the the Board of Directors of PT Bank
performance of the Directors is carried out not only to Pembangunan Daerah Jawa Timur Tbk
fulfill the transparency aspect as a form of accountability is disclosed in the annual report.
for the implementation of their duties, but also to
provide important information on efforts to improve the
management of the Public Company. This information
is very useful to provide confidence to shareholders or
investors that there is certainty that the management of
the company will continue to be carried out in a better
direction. With this disclosure, shareholders or investors
know the mechanism of checks and balances on the
performance of the Directors.
C.2.3. Recommendation 17: The Directors has a policy regarding the resignation of Comply
members of the Directors if they are involved in financial
crimes. The policy of resignation of members
Explanation: The policy for the resignation of members of the of the Board of Directors is regulated
Directors who are involved in financial crimes is a policy in the Articles of Association and
that can increase the confidence of stakeholders in the the Work Guidelines of the Board of
Public Company, so that the integrity of the company Directors.
will be maintained. This policy is needed to help smooth The Articles of Association and the
the legal process and so that the legal process does Work Guidelines of the Board of
not interfere with the running of business activities. In Directors also regulate provisions
addition, from a morality point of view, this policy will related to the termination of the term
build an ethical culture within the Public Company. of office of Members of the Board
of Directors and the dismissal of
These policies can be included in the Guidelines or Code Members of the Board of Directors.
of Ethics applicable to the Directors. Furthermore, what
is meant by being involved in a financial crime is the
convict status of a member of the Directors from the
authorized party. The financial crimes referred to are
manipulation and various forms of embezzlement in
financial service activities as well as the Criminal Action
of Money Laundering as referred to in Law Number 8
of 2010 concerning Prevention and Eradication of the
Crime of Money Laundering.
D. Aspect 4: Stakeholder Participation
D.1. Principle 7: Enhancing Corporate Governance Aspects through Stakeholder Participation.
D.1.1. Recommendation 18: The Public Company has a policy to prevent insider Comply
trading.
Explanation: A person who has inside information is prohibited Bank Jatim has a policy to prevent
from conducting a Securities transaction using inside insider trading as regulated in the
information as referred to in the Capital Market Law. Decree of the Board of Directors
Public companies can minimize the occurrence of insider Number 062/03/02/DIR/ TRE/KEP
trading through preventive policies, for example by dated January 12, 2023 concerning
strictly separating confidential data and/or information the Market Code of Ethics for Treasury
from those of a public nature, as well as dividing Activities and the Decree of the Board
duties and responsibilities for the management of the of Directors Number 062/03/40/
information in a proportional and efficient manner. DIR/CSE/KEP dated June 21, 2023
concerning the Standard Operating
Procedure (SOP) for Investor
Management.
D.1.2. Recommendation 19: The Public Company has an anti-corruption and anti- Comply
fraud policy.
Explanation: The anti-corruption policy is useful to ensure that the Bank Jatim has several policies related
business activities of the Public Company are carried out to Corruption Prevention, including
legally, prudently, and in accordance with the principles the Implementation of Anti-Fraud
of good governance. The policy can be part of the code Strategies, Work and Business Ethical
of ethics, or in a separate form. The policy may include, Behavior (Code of Conduct), Conflict
among others, the programs and procedures carried of Interest Guidelines, Corporate
out in overcoming the practice of corruption, kickbacks, Culture, Gratification Guidelines, Anti-
fraud, bribery and/or gratuities in a Public Company. The Bribery Management System (SMAP)
scope of the policy must describe the prevention of the Guidelines, Employee Discipline
Public Company against all corrupt practices, both giving Regulations, Market Code of Ethics
and receiving from other parties. Guidelines, and Obligations Guidelines.
Maintain Confidentiality of Data and
Information.
602 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 603
Annual Report
2025
No Aspects; Principles; Recommendations Comply or Explain
D.1.3. Recommendation 20: The Public Company has a policy regarding the selection Comply
and capacity building of suppliers or vendors.
Explanation: The policy regarding the selection of suppliers or vendors
is useful to ensure that the Public Company obtains the Bank Jatim has a policy regarding the
goods or services needed at competitive prices and of procurement of goods and services
good quality. Meanwhile, the policy of increasing the which is regulated in the Decree of the
ability of suppliers or vendors is useful to ensure that the Directors number 060/03/34/DIR/
supply chain runs efficiently and effectively. The ability UMM/KEP dated October 04, 2021
of suppliers or vendors to supply/ fulfill the goods or concerning SOP for Procurement of
services needed by the company will affect the quality of Goods or Services.
the company’s output.
Thus, the implementation of these policies can ensure
continuity of supply, both in terms of quantity and
quality required by the Public Company. The scope of
this policy includes criteria for selecting suppliers or
vendors, transparent procurement mechanisms, efforts
to increase the capacity of suppliers or vendors, and
fulfillment of rights related to suppliers or vendor.
The Company has a policy related to the procurement
of goods and services which contains the selection and
improvement of supplier or vendor capabilities as stated
in the standard Procurement Guidelines.
D.1.4. Recommendation 21: The Public Company has a policy regarding the fulfillment Explain
of creditors’ rights.
Explanation: The policy regarding the fulfillment of creditor rights Bank Jatim explains the creditor’s
is used as a guideline in making loans to creditors. rights in the Credit Agreement (PK),
The purpose of the policy is to maintain the fulfillment including;
of rights and maintain creditor’s trust in the Public 1. The bank ensures that the creditor
Company. The policy includes considerations in entering receives the principal and interest
into agreements, as well as followup actions in fulfilling on the loan according to the
the obligations of the Public Company to creditors. agreed schedule;
2. The bank ensures that the creditor
receives the loan usage report;
3. The bank ensures that creditors
receive fines for payments that
exceed the agreed schedule;
4. The Bank ensures that principal
and interest payments on loans
are not subject to penalties if
the payment schedule falls on a
holiday and is paid on the next
working day.
D.1.5. Recommendation 22: Public Companies have a whistleblowing system policy. Comply
Explanation: A whistleblowing system policy that has been prepared
properly will provide certainty of protection to witnesses
or reporters on an indication of a violation committed by The Public Company has a
the employees or management of the Public Company. whistleblowing system policy which
The implementation of the system policy will have an is clearly stated in the Decree of
impact on the formation of a good corporate governance the Board of Directors Number
culture. The whistleblowing system policy covers, 064/03/02/DIR/AUI/KEP dated
among other things, the types of violations that can January 31, 2025 concerning the
be reported through the whistleblowing system, the Standard Operating Procedure (SOP)
method of complaints, protection and assurance of the for the Anti-Fraud Strategy of PT Bank
confidentiality of the reporter, handling of complaints, Pembangunan Daerah Jawa Timur Tbk.
the party managing complaints, and the results of
handling
PT Bank Pembangunan Daerah Jawa Timur Tbk 603
Page 604
Corporate
07 Governance
No Aspects; Principles; Recommendations Comply or Explain
D.1.6. Recommendation 23: The Public Company has a policy of providing long-term Comply
incentives to the Directors and employees.
Explanation: Long-term incentives are incentives that are based on The public company has established
the achievement of long-term performance. Long-term a policy on long-term incentives
incentive plans have the premise that the company’s for the Board of Directors and
longterm performance is reflected by the growth in employees, which is clearly disclosed
the value of the stock or other longterm targets of the in Board of Commissioners’ Decree
company. Long-term incentives are useful in order to No. 064/03/01/DK/KEP dated
maintain loyalty and provide motivation to the Directors June 24, 2025 concerning the
and employees to increase their performance or Standard Operating Procedure for
productivity which will have an impact on increasing the the Implementation of Governance
company’s performance in the long term. in Remuneration Provision for
Management and Their Facilities of
The existence of a long-term incentive policy is a real PT Bank Pembangunan Daerah Jawa
commitment of the Public Company to encourage the Timur Tbk.
implementation of providing long-term incentives to
the Directors and Employees with terms, procedures
and forms that are adapted to the long-term goals of
the Public Company. The policy may include, among
others, the intent and purpose of providing long-term
incentives, terms and procedures in providing incentives,
and conditions and risks that must be considered by
the Public Company in providing incentives. This policy
can also be included in the existing Public Company
remuneration policy.
E. Aspect 5: Information Disclosure
E.1. Principle 8: Improving Implementation of Information Disclosure.
E.1.1. Recommendation 24: Public Companies utilize the use of information Comply
technology more broadly than the Website as a medium
for information disclosure. Banks utilize information technology
Explanation: The use of information technology can be useful as a more widely in addition to websites as
medium for information disclosure. The disclosure of a medium for information disclosure
information that is carried out is not only information that increases the effectiveness of
disclosure that has been regulated in laws and the dissemination of this information,
regulations, but also other information related to a including the following:
Public Company that is felt to be useful for shareholders • Instagram @Bank Jatim
or investors to know. With the use of information • Facebook @Bank Jatim
technology more broadly in addition to the Website, it is • Twitter @Bank Jatim
hoped that the company can increase the effectiveness • Youtube @Bank Jatim
of disseminating company information. Nevertheless,
the use of information technology is carried out with due
regard to the benefits and costs of the company.
E.1.2. Recommendation 25: The Annual Report of a Public Company discloses the Comply
ultimate beneficial owners in the ownership of shares
in the Public Company of at least 5% (five percent), in The ultimate beneficial owner of
addition to disclosure of the ultimate beneficial owners in shares amounting to at least 5% is the
the ownership of shares in the Public Company through Controlling Shareholder, namely the
the main and controlling shareholders.. East Java Provincial Government.
Explanation: The laws and regulations in the Capital Market sector
that govern the submission of annual reports of Public
Companies have regulated the obligation to disclose
information regarding shareholders who own 5% (five
percent) or more of the shares of the Public Company, as
well as the obligation to disclose information regarding
the main and controlling shareholders of the Public
Company, both directly and indirectly, up to the ultimate
beneficial owner of the ownership of the shares. In this
Governance Guideline, it is recommended to disclose
the ultimate beneficial owner of the ownership of shares
of the Public Company of at least 5% (five percent), in
addition to disclosing the ultimate beneficial owner of
the ownership of shares by the main and controlling
shareholders..
604 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Good Corporate Governance
Assessment
Assessment Criteria 6. Implementation of the Bank’s Compliance Function;
7. Implementation of the Internal Audit Function;
In conducting self-assessment on the implementation of Good 8. Implementation of the External Audit Function;
Governance, Bank Jatim refers to the provisions of Financial 9. Implementation of the Risk Management Function,
Services Authority Regulation Number 17 of 2023 on the including the Internal Control System;
Implementation of Governance for Commercial Banks, Financial 10. Provision of Remuneration;
Services Authority Regulation Number 2 of 2024 on the 11. Provision of Funds to Related Parties and Large Exposures;
Implementation of Governance for sharia Commercial Banks 12. Integrity of Reporting and Information Technology
and sharia Business Units and SEOJK No. 15/SEOJK.03/2024, Systems;
serta SEOJK No. 14/SEOJK.03/2025 on the Implementation of 13. Bank Strategic Planning;
Governance for Commercial Banks. 14. Shareholder Aspects;
15. Implementation of Anti-Fraud Strategies, including Anti-
The self-assessment of governance implementation is Bribery Measures;
conducted every semester, covering at least 17 (seventeen) 16. Implementation of Sustainable Finance, including Social
assessment factors in a comprehensive and structured and Environmental Responsibility;
manner, which are integrated into three governance aspects: 17. Implementation of Governance within the Bank’s Corporate
governance structure, governance process, and governance Group.
outcome. These include:
1. Implementation of Duties, Responsibilities, and Authorities
of the Board of Commissioners; Parties That Carry Out The Assessment
2. Implementation of Duties, Responsibilities, and Authorities
of the Sharia Supervisory Board; The self-assessment process involves the Board of
3. Implementation of Duties, Responsibilities, and Authorities Commissioners, Sharia Supervisory Board, Directors, Board
of the Board of Directors; of Commissioners Committees and work units in charge to
4. Completeness and Implementation of Committee Duties; produce a comprehensive and structured assessment of the
5. Handling of Conflicts of Interest; implementation of Governance at all levels of the organization.
The Score of Assessment
Table of Individual GCG Assessment Results
Assessment Factors June 2025 December 2025
Implementation of Duties, Responsibilities, and Authorities of the Board of Commissioners 2 2
Implementation of Duties, Responsibilities, and Authorities of the Sharia Supervisory Board 2 2
Implementation of Duties, Responsibilities, and Authorities of the Board of Directors 2 2
Completeness and Implementation of Committee Duties 2 2
Handling of Conflicts of Interest 1 1
Implementation of the Bank’s Compliance Function 2 3
Implementation of the Internal Audit Function 2 3
Implementation of the External Audit Function 1 1
Implementation of the Risk Management Function, including the Internal Control System 3 3
PT Bank Pembangunan Daerah Jawa Timur Tbk 605
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Corporate
07 Governance
Assessment Factors June 2025 December 2025
Provision of Remuneration 2 2
Provision of Funds to Related Parties and Large Exposures 2 1
Integrity of Reporting and Information Technology Systems 3 3
Bank Strategic Planning 3 3
Shareholder Aspects 1 2
Implementation of Anti-Fraud Strategies, including Anti-Bribery Measures 3 2
Implementation of Sustainable Finance, including Social and Environmental Responsibility 2 1
Implementation of Governance within the Bank’s Corporate Group 2 2
Transparency of Financial and Non-Financial Conditions, GCG Implementation Reports, and Internal
2 -
Reporting
Rating 2 3
Table of Consolidated GCG Assessment Results
1. Period: June 2025 – Bank Jatim and Bank NTB Syariah
Assessment Factors June 2025
Implementation of Duties, Responsibilities, and Authorities of the Board of Commissioners 2
Implementation of Duties, Responsibilities, and Authorities of the Sharia Supervisory Board 2
Implementation of Duties, Responsibilities, and Authorities of the Board of Directors 2
Completeness and Implementation of Committee Duties 2
Handling of Conflicts of Interest 1
Implementation of the Bank’s Compliance Function 2
Implementation of the Internal Audit Function 2
Implementation of the External Audit Function 1
Implementation of the Risk Management Function, including the Internal Control System 3
Provision of Remuneration 2
Provision of Funds to Related Parties and Large Exposures 2
Integrity of Reporting and Information Technology Systems 3
Bank Strategic Planning 3
Shareholder Aspects 1
Implementation of Anti-Fraud Strategies, including Anti-Bribery Measures 3
Implementation of Sustainable Finance, including Social and Environmental Responsibility 2
Implementation of Governance within the Bank’s Corporate Group 2
Transparency of Financial and Non-Financial Conditions, GCG Implementation Reports, and Internal Reporting 2
Rating 2
606 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
2. Period: December 2025 – Bank Jatim with Bank NTB Syariah, Bank Sultra, Bank Lampung and Bank NTT
Assessment Factors December 2025
Implementation of Duties, Responsibilities, and Authorities of the Board of Commissioners 2
Implementation of Duties, Responsibilities, and Authorities of the Sharia Supervisory Board 2
Implementation of Duties, Responsibilities, and Authorities of the Board of Directors 2
Completeness and Implementation of Committee Duties 2
Handling of Conflicts of Interest 1
Implementation of the Bank’s Compliance Function 3
Implementation of the Internal Audit Function 3
Implementation of the External Audit Function 1
Implementation of the Risk Management Function, including the Internal Control System 3
Provision of Remuneration 2
Provision of Funds to Related Parties and Large Exposures 1
Integrity of Reporting and Information Technology Systems 3
Bank Strategic Planning 3
Shareholder Aspects 2
Implementation of Anti-Fraud Strategies, including Anti-Bribery Measures 2
Implementation of Sustainable Finance, including Social and Environmental Responsibility 1
Implementation of Governance within the Bank’s Corporate Group 2
Rating 2
Recommendations and Follow Up
During 2025, feedback on the assessment was received from the Financial Services Authority (OJK), and follow-up actions were
carried out based on the results of the self-assessment of governance implementation for the period ending December 2025. The
assessment, conducted individually, yielded a composite rating of 3, indicating that: “Reflects that the Bank’s management has
generally implemented governance practices adequately. This is demonstrated by a reasonably sufficient fulfillment of governance
principles. Where there are weaknesses in governance implementation, these are generally significant and require considerable
attention from the Bank’s Management.”
The follow-up actions on the self-assessment are as follows:
1. The Bank is in the process of fulfilling vacant Board positions at the Annual General Meeting of Shareholders for the Financial
Year 2025.
2. The Bank has carried out the first amendment to its Organizational Structure and Work Procedures.
3. The Bank regularly monitors the follow-up actions of Board of Commissioners’ meeting results and reports the progress of
implementation of the relevant directives.
4. The Bank has conducted a review of lending/financing policies as an effort to direct loan portfolio growth toward productive
sectors in prospective industries with an acceptable level of risk, as well as to optimize portfolio diversification.
5. The Bank ensures compliance with all regulatory requirements, including the preparation of summaries and reconciliation
meetings for newly issued external regulations, and addresses recurring findings through the Compliance Culture Roadshow
Program.
6. The Bank has submitted the root cause analysis of audit findings in 2025 as part of the approval request for the 2026 Audit Plan.
7. The Bank is currently in the process of developing a monitoring application for internal and external audit findings follow-up in
line with its commitments.
PT Bank Pembangunan Daerah Jawa Timur Tbk 607
Page 608
2025
Annual Report
01 Performance Highlights
The Board of Directors’s and The
02
Board of Commissioners’ Report
03 Company Profile
Management Discussion and
04
Analysis on Bank Performance
05 Human Capital
06 Information Technology
07 Corporate Governance
08 CorporateJawab
Tanggung Social
Sosial Perusahaan
Responsibility
09 OJK Reference Index
10 Financial Statements
Corporate Social
Responsibility
608 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 609
PT Bank Pembangunan Daerah Jawa Timur Tbk 609
Page 610
Corporate Social
08 Responsibility
Bank Jatim implements its social responsibility activities by As a financial services institution, the implementation
referring to the principle of sustainability. Bank Jatim always of corporate social responsibility at Bank Jatim refers
considers the impact of every decision and its business to OJK Regulation No. 51/POJK.03/2017 concerning
activities on society and the natural environment through the Implementation of Sustainable Finance for Financial
transparent and ethical behavior. Service Institutions of Issuers and Public Companies and the
international standard, namely ISO 26000. In accordance with
Bank Jatim is committed to implementing sustainable principles the Circular Letter of the Financial Services Authority No. 16
that are able to create economic, social and ecological values /SEOJK.04/2021 Regarding the Form and Contents of the
in the process and at the level of policy and decision making Annual Report of Issuers or Public Companies Information
that can drive the Bank’s success while still contributing to the on corporate social responsibility, especially related to
achievement of sustainable development goals. Sustainable sustainable governance, sustainable economic performance,
development goals include ensuring the integrity of the sustainable environmental performance and sustainable social
environment as well as the safety, capabilities, well-being and performance is submitted in the Sustainability Report which is
quality of life of present and future generations. presented separately from the Annual Report.
610 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 611
2025
Annual Report
01 Performance Highlights
The Board of Directors’s and The
02
Board of Commissioners’ Report
03 Company Profile
Management Discussion and
04
Analysis on Bank Performance
05 Human Capital
06 Information Technology
07 Corporate Governance
Corporate Social
08
Responsibility
09 OJK Reference
Indeks Index
Referensi OJK
10 Financial Statements
OJK
Reference Index
PT Bank Pembangunan Daerah Jawa Timur Tbk 611
Page 612
OJK
09 Reference Index
OJK Reference
Index
Criteria Explanation Page Regulations
GENERAL
Annual Report is well printed and bound. The Annual Report is well printed and bound. √ POJK 29
Annual Report must be reproduced in the √ POJK 29
form of printed copies of documents and
electronic copies of documents.
Annual Reports are presented in Indonesian √ POJK 29
and foreign languages
Annual Report must be published on the √ POJK 29
Issuer’s or Public Company’s Website on the
same date as the submission of the Annual
Report to the Financial Services Authority.
PERFORMANCE HIGHLIGHTS
Summary of important financial data Information includes, among others:
contains financial information presented
in comparative form for 3 (three) financial 1. Sales revenue. 21 SEOJK 16
years or since starting their business if the
2. Gross profit. 21
Issuer or Public Company has been running
its business activities for less than 3 (three) 3. Operational profit. 21 SEOJK 9
years.
4. Profit before tax. 21
5. Net profit. 21
6. Profit and loss. 21 SEOJK 16
7. Total comprehensive profit (loss). 22 SEOJK 9
8. Total profit (loss) attributable to owners of the parent 22 SEOJK 16
entity and non-controlling interests.
9. Total comprehensive profit (loss). 22 SEOJK 16
10. Total comprehensive profit (loss) attributable to owners 22
of the parent entity and non-controlling interests.
11. Earnings (loss) per share. 22 SEOJK 9
SEOJK 16
12. Total assets. 19
13. Total liabilities. 19
14. Total equity. 20
15. Third-party funds. 19 SEOJK 9
16. Loans received. 19
17. Ratio of profit (loss) to total assets. 24 SEOJK 16
18. Profit (loss) to equity ratio. 24
19. Profit (loss) to revenue/sales ratio. 24
20. Current ratio. 24
21. Liability to equity ratio. 24
22. Ratio of liabilities to total assets. 24
612 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Criteria Explanation Page Regulations
23. CAR ratio. 24 SEOJK 9
24. Productive assets. 24
25. Non-performing loans (NPL) ratio. 24
26. Ratio of Operating Expenses to Operating Income 24
(BOPO).
27. Cost to Income Ratio(CIR). 25
28. Net Interest Margin (NIM) ratio. 24
29. Percentage of violations and exceedances of the Legal 25
Lending Limit (BMPK).
30. Statutory Reserve Ratio (GWM). 25
31. Net Open Position (NOP) Ratio. 25
32. Information and other financial ratios that are relevant to 24–25 SEOJK 9
the issuer or public company and the type of industry. SEOJK 16
Stock Information Information on shares for Public Companies at least contains: SEOJK 16
1. Shares that have been issued for each quarter presented
in comparative form for the last 2 (two) financial years, at
least contain:
a. Number of outstanding shares. 26
b. Market capitalization is based on the price on the stock 26
exchange where the shares are listed.
c. The highest, lowest and closing share prices are based 26
on the price on the stock exchange where the shares
are listed.
d. Volumetrading on the stock exchange where the shares 26
are listed.
Information in letter b), letter c) and letter d) is only
disclosed if the shares are listed on the stock exchange.
Information is presented in the form of graphs and tables.
2. such as a stock split, reverse stock, stock dividends, bonus 28 SEOJK 16
shares, changes in the nominal value of shares, issuance
of convertible securities, and additions and capital
reduction, share information as referred to in number
1) is added with an explanation of at least:
a. The date of implementation of the corporate action.
b. Stock split ratios, reverse stock ratios, stock dividends.
c. bonus shares, number of convertible securities issued,
and changes in share nominal value.
d. The number of outstanding shares before and after the
corporate action.
e. The number of effect conversions implemented (if any).
f. Stock prices before and after corporate actions.
PT Bank Pembangunan Daerah Jawa Timur Tbk 613
Page 614
OJK
09 Reference Index
Criteria Explanation Page Regulations
3. In the event of a temporary suspension of share trading 29 SEOJK 16
(suspension) and/or delisting of shares during the
financial year, the reasons for the temporary suspension
of share trading (suspension) and/or delisting of shares
(delisting) shall be explained.
4. In the event that the temporary suspension of share 29 SEOJK 16
trading (suspension) as referred to in number 3) and/or
the process of canceling the listing of shares (delisting)
is still ongoing until the end of the Annual Report period,
the actions taken to resolve the temporary suspension
of share trading (suspension) and/or cancellation are
explained. listing of shares (delisting).
REPORT OF DIRECTORS AND BOARD OF COMMISSIONERS
Directors Report The Board of Directors’ report contains at least a brief
description of:
1. Performance of Issuers or Public Companies, at least
includes:
a. Issuer’s or Public Company’s strategy and strategic 50 SEOJK 9
policies (including for UUS if the Bank owns UUS). SEOJK 16
b. The role of the Board of Directors in formulating the 50 SEOJK 16
strategy and strategic policies of the Issuer or Public
Company.
c. The process carried out by the Board of Directors to 50
ensure the implementation of the Issuer’s or Public
Company’s strategy.
d. Comparison between the results achieved and those 51 SEOJK 9
targeted by the Issuer or Public Company. SEOJK 16
e. Obstacles faced by Issuers or Public Companies. 52
f. Organizational structure. 44 SEOJK 9
g. Main activity. 42
h. Information Technology. 51
i. Types of products and services offered, including 42, 44
lending to debtors of micro, small and medium
enterprises.
j. Interest rates for raising and providing funds. 45–49
k. Economic development and target market. 44–45
l. Networks and business partners at home and/or 44
abroad.
m. Number, type and location of offices. 44
n. Ownership of the Board of Directors, Board of 53
Commissioners and shareholders in the Bank’s business
group.
o. Important changes that occurred in the Bank and the 53
Bank’s business group in the year concerned.
p. Important things that are expected to happen in the 52–53
future.
q. Human resources include the number, level of 44, 51
education, training, and development of human
resources.
2. An overview of the business prospects of the Issuer or 52–53 SEOJK 9
Public Company. SEOJK 16
3. Implementation of Issuer or Public Company governance. 53–54
614 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2025
Criteria Explanation Page Regulations
Report of the Board of The Board of Commissioners’ report contains at least a brief
Commissioners description of:
1. Assessment of the Board of Directors’ performance 58–61 SEOJK 16
regarding the management of Issuers or Public SEOJK 9
Companies, including oversight by the Board of
Commissioners in the formulation and implementation of
the Issuer’s or Public Company’s strategy carried out by
the Board of Directors.
2. Views on the business prospects of Issuers or Public 61–62
Companies compiled by the Board of Directors.
3. Views on the implementation of governance of the Issuer 62–66
or Public Company.
4. Changes in the composition of the Board of 66 SEOJK 9
Commissioners (if any) and reasons for the changes.
5. Frequency and method of providing advice to members of 58, 60
the Board of Directors.
Statement Letter from Members of the Statement Letter from Members of the Board of Directors 70–71 SEOJK 16
Board of Directors and Members of the and Members of the Board of Commissioners regarding POJK 29
Board of Commissioners Responsibility for the Annual Report. Statement letter from
members of the Board of Directors and members of the
Board of Commissioners regarding responsibility for the
Annual Report is prepared in accordance with the format of
Statement Letter from Members of the Board of Directors
and Members of the Board of Commissioners regarding
Responsibility for the Annual Report.
COMPANY PROFILE
Company name and full address Access to Issuers or Public Companies including branch 74 SEOJK 9
offices or representative offices that enable the public to SEOJK 16
obtain information about Issuers or Public Companies,
including:
1. Address
2. Phone number
3. Email address
4. Website address
Name and address of branch office or Contains information including:
representative office (if any)
Name and address of the branch/representative office, 75–77
including:
a. Address
b. Phone number
c. Email address
d. Website address
Notes: if the company does not have subsidiaries, branch
offices, and representative offices, so that it is disclosed.
Brief history of Issuer or Public Company Include among others: date/year of establishment, name, 78–79 SEOJK 9
change of company name (if any), and effective date of SEOJK 16
change of company name.
Notes: if the company has never changed its name, please
disclose it.
Vision, Mission and Corporate Culture Includes: SEOJK 9
SEOJK 16
1. Company Vision 80
2. Company Mission 81
3. Statement that the vision and mission have been reviewed 82–84
and approved by the Board of Directors/Board of
Commissioners in the financial year.
PT Bank Pembangunan Daerah Jawa Timur Tbk 615
Page 616
OJK
09 Reference Index
Criteria Explanation Page Regulations
Business activities Description of, among others: SEOJK 9
SEOJK 16
1. The company’s business activities according to the latest 85
articles of association.
2. Business Activities Undertaken. 86
3. Products and/or services produced. 86–97
Operational Area Issuer’s or Public Company’s operational area. The 98–101 SEOJK 16
operational area is the area or area where operational
activities are carried out or the scope of the company’s
operational activities.
Organizational structure The organizational structure of the Issuer or Public Company 102–103 SEOJK 9
in the form of a chart, at least up to 1 (one) level below the SEOJK 16
Board of Directors including committees under the Board
of Directors (if any) and committees under the Board of
Commissioners, accompanied by names and positions.
Association Membership List of industry association memberships both on a national 101 SEOJK 16
and international scale related to the implementation of
sustainable finance.
Board of Directors Profile Profile of the Board of Directors, at least contains: 104–110 SEOJK 9
SEOJK 16
1. Name and position in accordance with the duties and
responsibilities.
2. Latest photos.
3. Age.
4. Citizenship.
5. Educational history and/or certification.
6. Position history, including information on:
a. The legal basis for appointment as a member of the
Board of Directors of the Issuer or Public Company
concerned
b. Concurrent positions, both as members of the Board
of Directors, members of the Board of Commissioners,
and/or committee members as well as other positions
both inside and outside the Issuer or Public Company.
In the event that members of the Board of Directors do
not have concurrent positions, then this is disclosed.
c. Work experience and time period both inside and
outside the Issuer or Public Company.
7. of the Board of Commissioners, major shareholders 111 SEOJK 9
and controllers, either directly or indirectly to individual SEOJK 16
owners, including names of affiliated parties. In the event POJK 13
that members of the Board of Directors have no affiliation,
the Issuer or Public Company shall disclose this. Financial
relationships and family relationships of members of
the Board of Directors and members of the Board of
Commissioners with other members of the Board of
Directors, other members of the Board of Commissioners,
and/or controlling shareholders of the Bank.
8. Changes in the composition of members of the Board of 111–112 SEOJK 16
Directors and reasons for the changes. In the event that
there is no change in the composition of the members of
the Board of Directors, this will be disclosed.
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Profile of the Board of Profile of the Board of Commissioners, at least contains: 113–117 SEOJK 9
Commissioners SEOJK 16
1. Name and position.
2. Latest photos.
3. Age.
4. Citizenship.
5. Educational history and/or certification.
6. Position history, including information on:
a. The legal basis for appointment as a member of the
Board of Directors of the Issuer or Public Company
concerned
b. Legal basis for the first appointment as a member of
the Board of Commissioners who is an independent
commissioner of the Issuer or Public Company
concerned.
c. Concurrent positions, both as members of the Board
of Directors, members of the Board of Commissioners,
and/or committee members as well as other positions
both inside and outside the Issuer or Public Company.
In the event that members of the Board of Directors do
not have concurrent positions, then this is disclosed.
d. Work experience and time period both inside and
outside the Issuer or Public Company.
7. Affiliation with other members of the Board of Directors, 118 SEOJK 9
members of the Board of Commissioners, major SEOJK 14
shareholders and controllers, either directly or indirectly to SEOJK 16
individual owners, including names of affiliated parties. In POJK 17
the event that members of the Board of Directors have no
affiliation, the Issuer or Public Company shall disclose this.
Financial relationships and family relationships of
members of the Board of Directors and members of
the Board of Commissioners with other members of
the Board of Directors, other members of the Board of
Commissioners, and/or controlling shareholders of the
Bank.
8. Statement of independence of the independent NA SEOJK 16
commissioner in the event that the independent
commissioner has served more than 2 (two) terms.
9. Changes in the composition of members of the Board of 118–119
Directors and reasons for the changes. In the event that
there is no change in the composition of the members of
the Board of Directors, this will be disclosed.
Executive officer brief profile Including the composition of executive officers along with 125–140 SEOJK 9
their positions and a summary of Curriculum Vitae.
Number of employees and employee Data on employee competency development that has 141–143 SEOJK 9
competency development data. been carried out in the financial year consisting of parties SEOJK 16
(position levels) who attended training, types of training,
and training objectives as well as equal opportunities for all
employees.
Employee competency development costs that have been
incurred in the financial year.
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Shareholder composition Names of shareholders and percentage of ownership at the SEOJK 9
beginning and end of the financial year, which consists of SEOJK 16
information regarding: POJK 17
1. Shareholders who own 5% (five percent) or more shares 146
of Issuers or Public Companies.
2. Members of the Board of Directors and members of the 148
Board of Commissioners who own shares of Issuers or
Public Companies.
In the event that all members of the Board of Directors
and/or all members of the Board of Commissioners do not
own shares, then this matter shall be disclosedthe.
3. shares by members of the Board of Directors and 148
members of the Board of Commissioners at the beginning
and end of the financial year, including information
regarding shareholders who are registered in the register
of shareholders for the benefit of indirect ownership by
members of the Board of Directors and members of the
Board of Commissioners.
In the event that all members of the Board of Directors
and/or all members of the Board of Commissioners do
not have indirect ownership of the shares of the Issuer or
Public Company, then this matter must be disclosed.
Directors and commissioners who own Shares (Directors
and Board of Commissioners/Supervisory Board must
report to the company regarding their and/or family’s
share ownership in the company concerned and other
companies, including any changes thereto).
4. Group of public shareholders, namely groups of 147 SEOJK 16
shareholders who each own less than 5% (five percent) of
the shares of the Issuer or Public Company.
5. Number of shareholders and percentage of ownership at 149 SEOJK 16
the end of the financial year based on classification:
a. Ownership of local institutions.
b. Ownership of foreign institutions.
c. Local individual ownership.
d. Foreign individual ownership.
The above information can be presented in tabular form.
Major and controlling shareholder Information regarding major shareholders and controllers of 149 SEOJK 9
Issuers or Public Companies, either directly or indirectly, up SEOJK 16
to individual owners, presented in the form of a schematic
or chart.
List of associate subsidiaries, venture Names of subsidiaries, associated companies, joint venture 150–151 SEOJK 9
companies companies where the Issuer or Public Company has joint SEOJK 16
control of the entity (if any), along with the percentage of
share ownership, line of business, total assets, and operating
status of subsidiaries, associated companies, joint venture
companies.
For subsidiaries, information regarding the address of the
subsidiary is added.
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Information related to the Bank Business Banks that are part of a business group and/or have 153 SEOJK 9
Group Subsidiaries, must add:
The structure of the Bank’s business group which includes:
a. The structure of the Bank’s business group consists of the
Bank, Subsidiaries, sister companies, Parent Entity up to
the ultimate shareholder.
b. Management linkage structure within the Bank’s business
group.
c. Shareholders acting on behalf of other shareholders. The
definition of a shareholder acting on behalf of another
shareholder is an individual shareholder or an entity that
has the common goal of controlling the Bank, based on or
not based on an agreement.
Share listing chronology Chronology of share listing, number of shares, number of 154–155 SEOJK 16
listed shares after each corporate action, nominal value, and
offering price from the beginning of listing to the end of the
financial year as well as the name of the stock exchange
where the Issuer’s or Public Company’s shares are listed,
including stock splits ( stock split), merger of shares (reverse
stock), stock dividends, bonus shares, and changes in the
nominal value of shares, implementation of conversion
effects, implementation of capital additions and reductions
(if any).
Information on the listing of other securities Information on the listing of other securities that are not yet 156–157 SEOJK 16
due in the financial year at least contains the names of the
securities, the type of corporate action that causes a change
in the number of other securities, year of issue, interest rate/
yield, maturity date, offering value, name of stock exchange
where other securities are listed, and securities rating (if
any).
Information on the use of public accounting Information on the use of public accounting services (AP) 156 SEOJK 16
services (AP) and public accounting firms and public accounting firms (KAP) and their networks/
(KAP) associations/alliance includes:
1. Name and address.
2. Assignment period.
3. Information on audit and/or non-audit services provided.
4. Audit and/or non-audit service fees for each assignment
given during the financial year.
5. In the event that the designated AP and KAP and their
network/ association/alliance do not provide non-audit
services, then the information shall be disclosed.
Disclosure of information on the use of AP and KAP services
and their networks/associations/alliances can be presented
in tabular form.
Name and address of supporting institution Names and addresses of capital market supporting 158 SEOJK 16
and/or profession. institutions and/or professions other than AP and KAP.
Awards and Certifications. Information includes, among others: 159–162 SEOJK 9
1. Name of award and/or certification (national and
international scale).
2. Year of award and/or certification.
3. Awarding and/or certification bodies.
4. Validity period (for certification).
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MANAGEMENT DISCUSSION AND ANALYSIS OF THE COMPANY’S PERFORMANCE
Bank Strategic Plan 1. Long term plan (corporate plan). 171–173 SEOJK 14
POJK 17
2. Medium and short term plans (business plan). 173
Operational review per business segment Operational review per business segment according to the SEOJK 9
type of industry of the Issuer or Public Company, at least SEOJK 16
concerning:
1. Explanation of each business segment. 177–204
2. Performance per business segment, among others:
a. Production, which includes process, capacity, and 178–209
development.
b. Increase/decrease in production capacity. 178–209
c. Sales/business income. 210
d. Profitability. 210
Description of the company’s Comprehensive financial performance which includes a SEOJK 9
financial performance comparison of financial performance in the last 2 (two) SEOJK 16
financial years (in the form of narratives and tables), an
explanation of the causes of the changes and the impact of
these changes, at least concerning:
1. Current assets, non-current assets, and total assets. 214–225
2. Short term liabilities, long term liabilities and total 225–232
liabilities.
3. Funding (investment and giving credit/financing). 214, 217, 218,
221, 223
4. Third party funds and other funding sources. 227–229
5. Equity. 233–235
6. Income/sales, expenses, profit (loss), other 237–242
comprehensive income, and total comprehensive profit
(loss).
7. Cash flow. 245–246
8. Basic credit interest rate. 257 SEOJK 9
Analysis of the quality of earning assets and SEOJK 9
relevant financial ratios.
Discussion and analysis of the ability to pay Explanation of: SEOJK 16
debts and the collectability of the company’s
receivables, by presenting the calculation of 1. Ability to pay debts, both short term (liquidity) and long 246–247
the relevant ratio according to the type of term (solvability).
company’s industry.
2. Receivables collectibility level. 248–251
Discussion on capital structure and Top explanation: SEOJK 16
management policies on capital structure
(capital structure policy). 1. Details of the capital structure (capital structure), which 267
consists of interest-based debt/sukuk and equity.
2. Management policies on capital structure (capital 265–266
structure policies).
3. Basis for selection of management policies. 265–266
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Discussion on material commitments for Explanation of: SEOJK 16
capital goods investment (not funding
commitments) in the last financial year. 1. The name of the party making the bond. 321
2. The purpose of the bond.
3. Source of funds expected to fulfill these ties.
4. The currency to be denominated.
5. The steps the company plans to take to protect against
risks from related foreign currency positions.
Notes: if the company has no ties related to investment in
capital goods in the last financial year to be disclosed.
Discussion on investment in capital goods Explanation of: SEOJK 9
realized in the last financial year. SEOJK 16
1. Types of investment in capital goods. 322
2. The purpose of investing in capital goods.
3. Investment value of capital goods issued in the last
financial year.
Notes: if there is no realization of investment in capital
goods, so that it is disclosed.
Significant Information and Material Facts 323 SEOJK 9
After the Date of the Independent Auditor’s SEOJK 16
Report
Description of the company’s business The business prospects of Issuers or Public Companies 323–326 SEOJK 16
prospects. are linked to industry conditions, the general economy
and international markets accompanied by quantitative
supporting data from reliable data sources.
Comparative information between targets at Comparison between targets/projections at the beginning SEOJK 16
the beginning of the financial year with the of the financial year with the results achieved (realization),
results achieved (realization), and targets or regarding:
projections to be achieved for the
next year. 1. Sales revenue. 327
2. Profit and loss. 327
3. Capital structure. 328
4. Marketing. 328–329
5. HR Development. 329
6. Other matters deemed important by the Issuer or Public 327
Company.
Targets/projections to be achieved by Issuers or Public
Companies for the next 1 (one) year, regarding:
1. Sales revenue. 330
2. Profit and loss. 330
3. Capital structure. 331
4. Dividend policy. 331
5. Marketing. 331–332
6. Pengembangan SDM. 332
7. Other matters deemed important by the Issuer or Public 330
Company.
Description of the marketing aspect. Marketing aspects of the Issuer’s or Public Company’s goods 174–177 SEOJK 9
and/or services, at least regarding marketing strategy and SEOJK 16
market share.
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Description of dividends for the last 2 (two) Description of dividends for the last 2 (two) financial years, SEOJK 16
financial years. at least:
1. The dividend policy, among other things, contains 333–334
information on the percentage of the amount of dividends
distributed to net income.
2. Cash dividend payment date and/or non-cash dividend 334
distribution date.
3. Amount of dividends per share (cash and/or non-cash). 334
4. The amount of dividends per year paid. 334
Notes: if there is no distribution of dividends, please state
the reasons.
Realization of the use of proceeds from Contains descriptions of: SEOJK 16
the public offering (in the event that the
1. Total proceeds. 335
company is still required to submit a report
on the realization of the use of funds) 2. Fund usage plan.
3. Details of use of funds.
4. Fund balance.
5. The date of approval of the GMS/RUPO for changes in the
use of funds (if any).
a. a. In the event that during the financial year, the Issuer
has an obligation to submit a report on the realization
of the use of funds, the cumulative realization of the
use of proceeds from public offerings until the end of
the financial year is disclosed.
b. In the event that there is a change in the use of funds
as stipulated in the Financial Services Authority
Regulation regarding the report on the realization of
the use of funds from a public offering, the Issuer shall
explain the change.
Note: if you do not have information on the realization of the
use of proceeds from a public offering, please disclose it.
Material information (if any), including Contains descriptions of: SEOJK 16
investment, expansion, divestment, business
merger/ consolidation, acquisition, debt/
capital restructuring, material transactions, a. Date, value, and transaction object. 336, 340–341
affiliated transactions, and conflict of
b. The name of the party conducting the transaction. 339–340
interest transactions.
c. Nature of the affiliation relationship (if any). 339–340
d. Explanation of the fairness of the transaction. 341
e. Fulfillment of related provisions. 342
f. In the event that there is an affiliation relationship, apart
from disclosing the information referred to in number a)
through number f), the Issuer or Public Company also
discloses information:
1) The Board of Directors’ statement that affiliated 342
transactions have gone through adequate procedures
to ensure that affiliated transactions are carried out in
accordance with generally accepted business practices,
among others, carried out by fulfilling the arm’s length
principle.
2) The role of the Board of Commissioners and the audit 342
committee in carrying out adequate procedures to
ensure that affiliated transactions are carried out in
accordance with generally accepted business practices,
among others, is carried out by fulfilling the arm’s
length principle.
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g. For affiliate transactions or material transactions which 341
are business activities carried out in order to generate
business income and are carried out routinely,
repeatedly and/or continuously, an explanation is
added that the affiliated transactions or material
transactions are business activities carried out in
order to generate business income and are carried out
routinely, repeatedly, and/or continuously.
In the case of affiliated transactions or material
transactions referred to have been disclosed in the
annual financial statements, information is added
regarding references to disclosure in the said annual
financial statements.
h. For disclosure of affiliated transactions and/or N/A SEOJK 16
conflict of interest transactions which are the result SEOJK 14
of the implementation of affiliated transactions and/
or conflict of interest transactions that have been
approved by independent shareholders, information
is added regarding the date of the GMS that approves
the affiliated transactions and/or conflict of interest
transactions.
i. In the event that there are no affiliated transactions 337–342
and/or conflict of interest transactions, then this is
disclosed.
Description of changes to laws and The description contains, among others: SEOJK 16
regulations on companies in the last
financial year. 1. The names of the laws and regulations that have changed. 343–344
2. The impact (quantitative and/or qualitative) on the 343–344
company (if significant) or the statement that the impact
is not significant.
Notes: if there is no change in laws and regulations in the
last financial year, so that it is disclosed.
Description of changes in accounting The description contains, among others: SEOJK 16
policies implemented by the company in the
last financial year. 1. Changes in accounting policies. 344
2. Reasons for changes in accounting policies. 344
3. Quantitative impact on financial statements. 344
Notes: If there is no change in accounting policy in the last
financial
Information on Risk Exposure and Risk exposure and capital includes annual period risk 267–321 SEOJK 9
Capital. and capital exposure reports as stipulated in part II of the
Publication Report on risk and capital exposure.
GOOD CORPORATE GOVERNANCE
GMS. Information regarding GMS resolutions in the financial year 395-407 SEOJK 16
and 1 (one) year before the financial year includes:
a. GMS resolutions in the financial year and 1 (one) year prior
to the financial year realized in the financial year.
b. GMS decisions in the financial year and 1 (one) year prior
to the financial year that have not been realized along
with the reasons for not being realized.
In the event that an Issuer or Public Company uses an
independent party in the implementation of the GMS to
carry out the vote count, it shall be disclosed regarding this
matter.
Directors. 1. Duties and responsibilities of each member of the Board 411-412 SEOJK 14
of Directors. Information regarding the duties and SEOJK 16
responsibilities of each member of the Board of Directors POJK 17
is described and can be presented in tabular form.
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2. Statement that the Board of Directors has a guideline or 410 SEOJK 16
charter (charter) of the Board of Directors.
3. Policy and implementation of the frequency of meetings 413–418 SEOJK 16
of the Board of Directors, meetings of the Board of
Directors with the of Commissioners, and the level of
attendance of members of the Board of Directors at these
meetings including attendance at the GMS. Information
on the level of attendance of members of the Board of
Directors at meetings of the Board of Directors, meetings
of the Board of Directors with the Board of Commissioners
or GMS can be presented in tabular form.
4. Training and/or competency improvement for members of 418–420 SEOJK 16
the Board of Directors:
a. Policy on training and/or competency improvement
for members of the Board of Directors, including an
orientation program for newly appointed members of
the Board of Directors (if any).
b. Training and/or competency improvement attended by
members of the Board of Directors in the financial year
(if any).
5. The Board of Directors’ assessment of the performance 421–423 SEOJK 16
of the committees that support the implementation of
the duties of the Board of Directors in the financial year
contains at least:
a. Performance appraisal procedures.
b. The criteria used include performance achievements
during the financial year, competence and attendance
at meetings.
In the event that the Issuer or Public Company does not
have a committee that supports the implementation
of the duties of the Board of Directors, this will be
disclosed.
6. members of the Board of Commissioners who reach 5% 467 SEOJK 14
(five percent) or more of paid-up capital, which includes POJK 17
the type and number of shares in:
a. The bank in question...
b. other banks.
c. Non-bank financial institutions.
d. Other companies domiciled both inside and outside the
country.
Board of Commissioners. 1. Duties and responsibilities of the Board of Commissioners. 423–424 SEOJK 14
SEOJK 16
POJK 17
2. Statement that the Board of Commissioners has 426 SEOJK 16
guidelines or charter of the Board of Commissioners.
3. Policy and implementation of the frequency of meetings 431–438 SEOJK 14
of the Board of Commissioners, meetings of the Board of SEOJK 16
Commissioners with the Board of Directors and the level
of attendance of members of the Board of Commissioners
at these meetings including attendance at the GMS.
Information on the level of attendance of members of
the Board of Commissioners at meetings of the Board
of Commissioners, meetings between the Board of
Commissioners and the Board of Directors, or GMS can be
presented in tabular form.
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4. Training and/or competency improvement for members of 438–440 SEOJK 16
the Board of Commissioners:
a. Policy on training and/or competency improvement for
members of the Board of Commissioners, including an
orientation program for newly appointed members of
the Board of Commissioners (if any).
b. Training and/or competency improvement attended
by members of the Board of Commissioners in the
financial year (if any).
5. Assessment of the performance of the Board of Directors 441–450 SEOJK 16
and the Board of Commissioners as well as each member
of the Board of Directors and members of the Board of
Commissioners, contains at least:
a. Procedure for implementing performance appraisal.
b. The criteria used include performance achievements
during the financial year, competence and attendance
at meetings.
c. The party making the assessment.
6. The Board of Commissioners’ assessment of the 451–456 SEOJK 16
performance of the Committees that support
the implementation of the duties of the Board of
Commissioners in the financial year includes:
a. Performance appraisal procedures.
b. The criteria used include performance achievements
during the financial year, competence and attendance
at meetings.
Nomination and remuneration of the Board Least load:
of Directors and Board of Commissioners.
1. Nomination procedures, including a brief description 462 SEOJK 16
of the policies and nomination process for members of
the Board of Directors and/or members of the Board of
Commissioners.
2. Procedures and implementation of remuneration for SEOJK 16
the Board of Directors and Board of Commissioners,
including:
a. Procedure for determining remuneration for the Board 462
of Directors and Board of Commissioners.
b. Disclosure of indicators for determining the 463
remuneration of the Board of Directors.
c. The remuneration structure for the Board of Directors 463
and the Board of Commissioners such as salaries,
allowances, bonuses/ bonuses and others; And
Notes: if there are no performance bonuses, non
performance bonuses and stock options received by
each member of the Board of Commissioners and
Board of Directors, to be disclosed.
d. The amount of remuneration for each member of 464
the Board of Directors and members of the Board of
Commissioners;
Disclosure of information can be presented in tabular form.
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Sharia supervisory board, for Issuers or Least load: SEOJK 16
Public Companies that carry out business
activities based on sharia principles as a. Name. 458
stated in the articles of association.
b. The legal basis for the appointment of the Sharia
Supervisory Board.
c. The assignment period of the Sharia Supervisory Board.
d. Duties and responsibilities of the Sharia Supervisory 457
Board.
e. Frequency and method of providing advice and 461
suggestions as well as monitoring compliance with sharia
principles in the capital market to Issuers or Public
Companies.
Audit Committee. 1. Name and title in the membership of the committee. 472–474 SEOJK 16
POJK 17
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board
of Commissioners, members of the board of directors,
and/or committee members and other positions (if
any).
c. Work experience and time period both inside and
outside the issuer or public company.
6. Period and tenure of audit committee members.
7. Description of duties and responsibilities. 470
8. Audit committee independence statement. 475
9. Training and/or competency improvement that has been 478
attended in the financial year (if any).
10.Policy and implementation of the frequency of audit 476–478 SEOJK 14
committee meetings and the level of attendance of audit SEOJK 16
committee members at these meetings. POJK 17
11. Implementation of audit committee activities in the 479–480
financial year according to what is stated in the audit
committee guidelines or charter.
Issuer or Public Company nomination and Least load:
remuneration committee or function.
1. Name and title in the membership of the committee. 484–487 SEOJK 16
POJK 17
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board
of Commissioners, members of the board of directors,
and/or committee members and other positions (if
any).
c. Work experience and time period both inside and
outside the issuer or public company.
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6. Period and tenure of committee members. 484–487 SEOJK 16
POJK 17
7. Committee independence statement. 488
8. Training and/or competency improvement that has been 491
attended in the financial year (if any).
9. Description of duties and responsibilities. 481–482
10.Statement that already has a guideline or charter. 481
11. Policy and implementation of the frequency of meetings 489–490
and the level of attendance of members at these
meetings.
12.A brief description of the implementation of activities in 492
the financial year.
In the event that a nomination and remuneration committee
is not formed, it is sufficient for the Issuer or Public Company
to disclose the information referred to in letter i) to letter l)
and disclose:
1. The reasons for not forming the committee
2. Parties carrying out nomination and remuneration
functions.
Other committees owned by Issuers or Least load: 496–498 SEOJK 16
Public Companies in order to support POJK 17
the functions and duties of the Board of
Directors (if any) and/ or committees that 1. Name and title in the membership of the committee.
support the functions and duties of the
Board of Commissioners. 2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board
of Commissioners, members of the board of directors,
and/or committee members and other positions
(if any).
c. Work experience and time period both inside and
outside the issuer or public company.
6. Period and tenure of committee members.
7. Committee independence statement. 499–500
8. Training and/or competency improvement that has been 502
attended in the financial year (if any).
9. Description of duties and responsibilities. 494
10. Statement that already has a guideline or charter. 493
11. Policy and implementation of the frequency of meetings 500–502
and the level of attendance of members at these
meetings.
12. A brief description of the implementation of activities in 503–504
the financial year.
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Company secretary. 1. Name. 506 SEOJK 16
2. domicile.
3. Position history, including:
a. Legal basis for appointment as company secretary.
b. Work experience and time period both inside and
outside the issuer or public company.
4. Educational background.
5. Training and/or competency improvement attended in the 506
financial year.
6. Brief description of the implementation of the duties of 506–507
the corporate secretary in the financial year.
Internal Audit Unit. 1. Name of the head of the internal audit unit. 508 SEOJK 16
POJK 17
2. Position history, including:
a. Legal basis for appointment as company secretary.
b. Work experience and time period both inside and
outside the issuer or public company.
3. Qualification or certification as internal audit profession (if
any).
4. Number of employees (internal auditors) in the internal 509
audit unit.
5. Training and/or competency improvement attended in the 509–510
financial year.
6. The structure and position of the internal audit unit. 507
7. Description of duties and responsibilities. 509
8. A statement that the internal audit unit has guidelines or 508
charters.
9. A brief description of the implementation of the duties of 511–513
the internal audit unit in the financial year including the
policy and implementation of the frequency of meetings
with the directors, board of commissioners and/or the
audit committee.
Public Accountant. 1. The name and year of the public accountant who audited 542 POJK 17
the annual financial statements for the last 5 years.
2. The name and year of the public accountant who audited
the annual financial statements for the last 5 years.
3. The amount of the fee for each type of service provided
by the Public Accounting Firm in the last financial year.
4. Other services provided by the Public Accounting Firm
and public accountants in addition to auditing the annual
financial statements for the last financial year.
Notes: if there is no other service in question, so that it is
disclosed.
Description of the internal control system 1. Financial and operational control, as well as compliance 544 SEOJK 14
implemented by the issuer or public with other laws and regulations. SEOJK 16
company.
2. Review of the effectiveness of the internal control system. 545
3. Statement of the Board of Directors and/or Board of 546 SEOJK 16
Commissioners regarding the adequacy of the internal
control system.
628 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 629
Annual Report
2025
Criteria Explanation Page Regulations
Risk management system implemented by 1. General description of the Issuer’s or Public Company’s 550–553 SEOJK 16
Issuers or Public Companies. risk management system. SEOJK 14
2. Types of risk and how to manage them. 555–559
3. Review of the effectiveness of the Issuer’s or Public 561
Company’s risk management system.
4. Statement of the Board of Directors and/or Board of 561–562 SEOJK 16
Commissioners or the audit committee on the adequacy
of the risk management system.
Compliance function. The level of the Bank’s compliance with all provisions and 562–565 SEOJK 14
laws and regulations as well as fulfillment of commitments POJK 17
with the competent authorities.
Legal cases with a material impact faced by 1. Main case/lawsuit. 566–571 SEOJK 16
issuers or public companies, subsidiaries,
members of the board of directors and 2. Case/lawsuit settlement status.
members of the board of commissioners 3. The impact on the condition of issuers or public
(if any). companies. The risks faced by the company and the
nominal value of claims/lawsuits.
4. Disclosure regarding legal issues at least includes: 566 SEOJK 14
a. the number of civil and criminal cases faced and
decisions that have permanent legal force.
b. the number of civil and criminal matters faced and still
in the process of being resolved.
Notes: in the event that the company, subsidiaries,
members of the Board of Commissioners and members
of the Board of Directors do not have important
matters, this must be disclosed.
Information on administrative sanctions/ 572–573 SEOJK 16
sanctions imposed on issuers or public
companies, board members commissioners
and members of the board of directors, by
the Financial Services Authority and other
authorities in the financial year (if any).
Information regarding the code of ethics of 1. Principles of the code of ethics. 581–583 SEOJK 16
Issuers or Public Companies
2. Forms of dissemination of the code of ethics and 583–584
enforcement efforts
3. Statement that the code of ethics applies to members 583
of the Board of Directors, members of the Board of
Commissioners, and employees of the Issuer or Public
Company
Implementation of Governance in 1. Remuneration Committee 538 POJK 45
Providing Remuneration for Banks. a. Name of members, composition, duties and
responsibilities.
b. Number of meetings held.
c. Remuneration that has been paid to members of the
Remuneration Committee for 1 (one) year.
2. Remuneration policy formulation process which includes: 539
a. Review of the background and objectives of the
Remuneration policy.
b. Implementation of a review of the Remuneration policy
in the previous year, along with its improvements.
c. Mechanism to ensure that Remuneration for Employees
in the control unit is independent from the work unit
they supervise.
3. Remuneration policy coverage and its implementation 538
per business unit, per region and in subsidiaries or branch
offices located overseas
PT Bank Pembangunan Daerah Jawa Timur Tbk 629
Page 630
OJK
09 Reference Index
Criteria Explanation Page Regulations
4. Remuneration is associated with risks that include: 539 POJK 45
a. The main type of risk (key risk) used in implementing
Remuneration.
b. Criteria for determining the main types of risk,
including for risks that are difficult to measure.
c. The impact of determining the main risk on the Variable
Remuneration policy.
d. Changes in the determination of the main types of risk
compared to last year and the reasons, if any.
5. Performance measurement is associated with 539
Remuneration which includes:
a. Review of Remuneration policies linked to performance
appraisal.
b. The method of linking individual Remuneration
with Bank performance, work unit performance and
individual performance.
c. A description of the method used by the Bank to state
that the agreed performance cannot be achieved, so
it is necessary to make adjustments to remuneration
and the amount of remuneration adjustments if this
condition occurs.
6. Remuneration Adjustment is related to Performance and 539
Risk which includes:
a. Policy regarding Variable Remuneration that is deferred,
the amount, and the criteria for determining the amount.
b. The Bank’s policy regarding Variable Deferred
Remuneration which is postponed for payment (malus),
or withdrawn when it has been paid (clawback).
7. The name of the external consultant and the duties of the 540
consultant related to the Remuneration policy, if the Bank
uses the services of an external consultant
8. The Remuneration Package and facilities received by the 540
Board of Directors and Board of Commissioners include
the Remuneration structure and details of the nominal
amount.
9. Variable Remuneration includes: 540
a. Forms of Variable Remuneration along with the
reasons for choosing this form. And
b. An explanation if there are differences in the provision
of Variable Remuneration among the Directors, Board
of Commissioners and/or Employees.
10. the number of Directors, Board of Commissioners and 540
Employees who receive Variable Remuneration for 1 (one)
year, and the total amount.
11. Position and number of parties who are material risk 540
takers.
12. Shares optionowned by the Board of Directors, Board of 540
Commissioners and Executive Officers.
13. The ratio of the highest and lowest salaries 540
14. The number of beneficiaries and the total amount of 540
Variable Remuneration guaranteed unconditionally will be
given by the Bank to candidates for the Board of Directors,
candidates for the Board of Commissioners, and/or
prospective Employees during the first 1 (one) year of
work
15. The number of employees affected by termination of 540
employment and the total amount of severance paid
16. The total amount of deferred Variable Remuneration, 540
which consists of cash and/or shares or share-based
instruments issued by the Bank.
17. The total amount of deferred Variable Remuneration paid 540
for 1 (one) year.
630 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 631
Annual Report
2025
Criteria Explanation Page Regulations
18. Details of the amount of Remuneration given in one year 541 POJK 45
include:
a. Fixed or variable remuneration.
b. Deferred and non-deferred remuneration.
c. Forms of Remuneration provided in cash and/or shares
or share-based instruments issued by the Bank.
19. Quantitative information about: 541
a. The total remaining Remuneration that is still
suspended, both exposed to implicit and explicit
adjustments.
a. Total reduction in Remuneration caused by explicit
adjustments during the reporting period.
b. Total reduction in Remuneration caused by implicit
adjustments during the reporting period.
A brief description of the policy of providing In terms of compensation in the form of management 584–586 SEOJK 16
performance-based longterm compensation stock ownership program (MSOP) and/or employee stock
to management and/or employees owned ownership program (ESOP).
by issuers or public companies (if any), The information disclosed shall contain at least:
including but not limited to management
stock ownership programs program 1. Number of shares and/or options.
ownership/MSOP) and/or employee stock 2. Implementation period.
ownership program (ESOP).
3. Eligible employee and/or management requirements.
4. The exercise price or the determination of the exercise
price.
A brief description of the Information 1. Share ownership of members of the Board of Directors 468 SEOJK 16
disclosure policy regarding and members of the Board of Commissioners no later
than 3 (three) working days after the ownership or any
change in ownership of the shares of the Public Company.
2. Implementation of the intended policy.
Description of the whistleblowing 1. How to submit a violation report. 586 SEOJK 16
system at the Issuer or Public Company.
2. Protection for reporters. 587
3. The handling of complaints. 587–588
4. The party managing the complaint. 589
5. The results of handling complaints, at least: 589
a. Number of complaints received and processed in the
financial year.
b. Complaint follow-up.
In the event that an issuer or a public company does not
have a whistleblowing system, this will be disclosed.
Description of the Issuer’s or Public 1. Programs and procedures carried out in Overcoming 589–592 SEOJK 16
Company’s anti-corruption policy. corrupt practices, kickbacks, fraud, bribery and/or POJK 17
gratuities in Issuers or Public Companies.
2. Anti-corruption training/socialization for employees of 592
Issuers or Public Companies.
In the event that the Issuer or Public Company does not have
an anticorruption policy, the reasons for not having the said
policy will be explained.
Handling conflicts of interest 594–595 SEOJK 14
POJK 17
Provision of funds to related parties and Information that needs to be disclosed is the total amount of 594 SEOJK 14
provision of large funds (large exposure). debit balances for provision of funds to related parties and to
core debtors (individuals or groups) per report position
Transparency of the Bank’s financial and 596 SEOJK 14
non-financial conditions that have not been POJK 17
disclosed in other reports.
PT Bank Pembangunan Daerah Jawa Timur Tbk 631
Page 632
OJK
09 Reference Index
Criteria Explanation Page Regulations
Other information related to Bank 595 SEOJK 14
Governance, including owner
intervention, internal disputes or problems
that arise as a result of
remuneration policies at the Bank.
Number of Deviations (Internal Fraud). Disclosure of irregularities (internal fraud) at least includes: 594 SEOJK 14
1. Number of deviations (internal fraud) that have been
resolved.
2. The number of irregularities (internal fraud) that are in the
process of being resolved internally at the bank.
3. Number of irregularities (internal fraud) that have not
been resolved internally at the bank.
4. The number of irregularities (internal fraud) that have
been followed up through the legal process.
Buy Back of Shares and/or Bank Bonds. 1. Policy in buying back shares or bonds of the Bank. 594 SEOJK 14
2. Number of shares and/or bonds bought back.
3. Repurchase price per share and/or bond.
4. Increase in earnings per share and/or bonds.
Provision of Funds for Social Activities and/ Disclosure regarding the provision of funds for social 594 SEOJK 14
or Political Activities During the activities and/or political activities at least includes the
Reporting Period. recipient of the funds and the
amount of funds provided.
Implementation of sustainable finance, 597 POJK 17
including implementation of social and
environmental responsibility
Implementation of Public Company 1. Statement regarding recommendations that have been 597–604 SEOJK 16
governance guidelines for Issuers that issue implemented and/or
equity securities or Public Companies.
2. Explanation of recommendations that have not been
implemented, accompanied by reasons and alternatives
for implementation (if any).
Disclosure of information can be presented in tabular form.
SOCIAL AND ENVIRONMENTAL RESPONSIBILITY OF THE ISSUER OR PUBLIC COMPANY
Corporate Social Responsibility 1. The information disclosed in the social and 610 SEOJK 16
environmental responsibility section is a Sustainability
Report as intended in Financial Services Authority
Regulation Number 51/POJK.03/2017 concerning the
Implementation of Sustainable Finance for Financial
Services Institutions, Issuers and Public Companies,
containing at least :
a) Explanation of sustainability strategy.
b) Overview of sustainability aspects (economic, social
and environmental).
c) Brief profile of the Issuer or Public Company.
d) Directors’ Explanation.
e) Sustainability governance.
f) Sustainability performance.
g) Written verification from an independent party, if any.
h) Feedback sheet for readers, if any.
i) The Issuer’s or Public Company’s response to feedback
from the previous year’s report.
632 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 633
Annual Report
2025
Criteria Explanation Page Regulations
2. Sustainability Report as referred to in number 1), must 610 SEOJK 16
be prepared in accordance with the Technical Guidelines
for Preparing Sustainability Reports for Issuers and
Public Companies as stated in Appendix II which is an
inseparable part of this Financial Services Authority
Circular Letter.
3. Sustainability Report information in number 1) can:
a) Disclosed in other relevant sections outside the social
and environmental responsibility section, such as the
Directors’ explanation regarding the Sustainability
Report disclosed in the relevant section of the
Directors’ Report; and/or
b) Refer to other sections outside the social and
environmental responsibility section while still referring
to the Technical Guidelines for Preparing Sustainability
Reports for Issuers and Public Companies as listed
in Appendix II which is an inseparable part of this
Financial Services Authority Circular Letter, such as the
profile Issuer or Public Company.
4. The Sustainability Report as referred to in number 1)
is an inseparable part of the Annual Report but can be
presented separately from the Annual Report.
5. In the event that the Sustainability Report is presented
separately from the Annual Report, the information
disclosed in the Sustainability Report must:
a) Contains all information as intended in number 1); And
b) Prepared in accordance with the Technical Guidelines
for Preparing Sustainability Reports for Issuers and
Public Companies as stated in Appendix II which is an
inseparable part of this Financial Services Authority
Circular Letter.
6. If the Sustainability Report is presented separately from
the Annual Report, then the social and environmental
responsibility section contains information that
information regarding social and environmental
responsibility has been disclosed in the Sustainability
Report which is presented separately from the Annual
Report.
7. Submission of a Sustainability Report which is presented
separately with the Annual Report must be submitted
simultaneously with the submission of the Annual Report.
Note
SEOJK 16 : Financial Services Authority Circular No. 16/SEOJK.04/2021 concerning Form and Content of Annual Reports of Issuers or Public
Companies.
SEOJK 9 : Financial Services Authority Circular No. 9/SEOJK.03/2020 concerning Transparency and Publication of Conventional Commercial
Bank Reports.
SEOJK 14 : OJK Circular Letter No. 14/SEOJK.03/2025 concerning Implementation of Governance for Commercial Banks.
POJK 45 : Financial Services Authority Regulation No. 45/POJK.03/2015 concerning Implementation of Governance in Providing
Remuneration for Commercial Banks.
POJK 17 : Financial Services Authority Regulation 17 of 2023 concerning the Implementation of Governance for Commercial Banks
PT Bank Pembangunan Daerah Jawa Timur Tbk 633
Page 634
Laporan Keuangan Konsolidasian
31 Desember 2025 dan 2024
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut
beserta laporan auditor independen/
Consolidated Financial Statements
as of December 31, 2025 and 2024
and for the years then ended with independent auditor’s report
PT Bank Pembangunan Daerah Jawa Timur Tbk
dan Entitas Anak
Page 635
DAFTAR ISI / TABLE OF CONTENTS
Halaman / Pages
SURAT PERNYATAAN DIREKSI BOARD OF DIRECTORS' STATEMENT
LAPORAN AUDITOR INDEPENDEN INDEPENDENT AUDITORS' REPORT
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
LAPORAN POSISI CONSOLIDATED STATEMENTS
KEUANGAN KONSOLIDASIAN 1-3 OF FINANCIAL POSITION
LAPORAN LABA RUGI DAN CONSOLIDATED STATEMENTS OF
PENGHASILAN KOMPREHENSIF PROFIT OR LOSS AND OTHER
LAIN KONSOLIDASIAN 4-5 COMPREHENSIVE INCOME
LAPORAN PERUBAHAN CONSOLIDATED STATEMENTS
EKUITAS KONSOLIDASIAN 6 OF CHANGES IN EQUITY
LAPORAN ARUS KAS KONSOLIDASIAN 7-8 CONSOLIDATED STATEMENTS OF CASH FLOWS
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN 9 - 208 FINANCIAL STATEMENTS
LAMPIRAN 1 - 5 210 - 216 APPENDIX 1 - 5
Page 636
bankja\lV
SIJRAT PER}TYATAAN DIRf,,KSI BOARD OF DTRECTORS' STATEMENT
TENTAIIG TAI\'GGIING JAWAB ATAS REGARDING THE RESPONSIBILITY FOR
LAPORAN KEUANIGA}' KONSOLIDASIAI\ ME CONSOLIDATED FINANCUL STATEMENIS
TANGGAL 3' DESEMBER 2025 DAN{ 2(n4 AS OF DECEMBER 31,2025 AND 2021
DAN UNTI.tr< TAI{]N YANC BT,N,AKII*, }ADA AND FON TIIE YEAXS THEN ENDED
TANGGAL - TANGGAL TERSEBIIT (ATIDITED)
(DhuDrr)
PT BANK PEMBANGUNAN DAtrRAH PT BANN PEMBANGUNAN DAERAH
JAWA TIMUR TbK DAN ENTITAS ANAX TAWA TIMUR Tb* AND SUBSIDIARY
Kami .vang heftanda tngan dibawai ini We, the ufidersighed :
Nama wimrdi IJgowo Winardi Lego\ro
Alarnal kantor Jl- Basuki Rahmad 98-104 Ofice address Jl. Basuli Rahmad 98-101
Surabaya Surabwa
Alamal domisili Ta$an Tiaa Regercy (Tahap l) Residential oddress Tanon Tiard Regency (Tahap I)
BlokENo.9Sidoarjo Blok ENo.9 Sidoa4o
Nomor telepon (03 t ) 53 I 0090 e).1. 206 Telephone (031) 53100 ert. 206
Jabatan DircLlur Utama President Director
2. Narna : Walryukusumo W. 2 : Wah),ulcusumo W.
Alamal kantot : L Bssuki R bmad 98-104 Ofrce oddress : n. BosuLi Rahnad 98-l 04
Surabaya &trabaya
Alarnar domisili : Taman Pinaog hdah BB4B4 Residenlial address : Taman Pinang ltulah BB-4/34
Sidoarjo Sidoarjo
Nortor telepon :(O3l)5310090 oxt 208 Telephone : (031) 53lUM) aL 208
Jabata[ : Dfuektur KeuaogarL Treasury & : Finance, Treas nl & Global
Global Services Services Director
Meoyatakan bahwa: Declare thar:
l Kami bertanggung jawab atas pedyusuDan dan penyajian 1. We ore retpottsible for the preporation @td prese tatioi of
laporan keuanSan konsolidasian PT Bar* Pembangunan consolidded finoncial stateirents d PT Bonk Penbatguaan
Daemh Jawa Timur Tt k dan Efititas Anak: Doerah Jdwo Tirnt Tbk and Subsidiory;
2. Laporan 1q''ngan korsolidasian I'I Batrk Pembaryuoan 2. Tlc consolidaed Jitror:iol stderrrerds of PT Banl Penbanguruut
Daerab Jarva Timur Tbk d,l1 Entitas Anak telah disu$m da D@ruh J6ra Trrnu Tbk and Subridiary hat e bee peryed and
disajikan sesuai deryatr Standal Akudmsi Ken,ngrn di pres.nlel in rccorfurre with Indo@siet Finrrciol Accorotting
Irddresia; Stanfurdt:
3. a- Semua infondasi d6larn laporad kenqng'n konsolidasiao 3. a. All inforrnation in the consolidotd fnoicial slaternents of
PI Bak Pemb@gutran flaErah Jawa Timu. Tbl dan PT Bank Pemboagunan Doerah Jdwa Tiitur Tbk ond
F{litas Anat telnb diouat secsra leogtap dan.bqlari &n>sidiary )sw ket.ditclo;ed in a cotapkle qnd nuo$n
b. Laporan keuagan koosolidasian Pf Bank Pemb@gman b. The corcolidated frnarEial slaten en s of PT Ban*
Daerah Jawa Timur Tbk dan Entitas Anak tidak Pembangunan Daerah Jawa Timtr Tbk atd Subsidiary do
mengsndlmg infodnasi atau t'aka material yang tidak nol conloin ruy incorrecl itformalion or molerial foclt,
benar. dan tidak menghilangkan hfonnasi atau fakta nor do they omit any ir{onnation o nate.riol facts:
matelial;
4. Kami Mrmrlrlg jaudb alas sislnn peqBqdalian in(6ml 1. Ve are raponlible !)r PT Bunk Penb<lnAunan Duerah J6wa
dalam PT Bank Pembangunan Daerah Jawa Timur Tbk dad Tirrilr Tbb and Snbsidiary iitefiol corrtrol systern.
Entitas Anak.
Demikian pemyataao ini dibuat dengaD sebemmya. This statement has been made fi hrtiu.
/r*
tr
nama dan mewaliili Direksi / For ond on behalfof the Board of
Suraba):!
o,""",",(srltff
t
817745p4
Witrardi Leqowo kusumo W.
Direktur Utarna / Presrilcnt Director Direktr,r Keuangan, Treasury & Global Services /
Finance, Tleasury & Globol Sewices Director
bankjatim.co.id
Page 637
Page 638
Page 639
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Page 642
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Page 651
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
ASET ASSETS
Kas 3 4.347.459 2.867.479 Cash
Giro pada bank Indonesia 4 6.620.239 5.584.147 Current accounts
with Bank Indonesia
Giro pada bank lain 5 675.483 505.084 Current account with other banks
Cadangan kerugian penurunan nilai (176) (277) Allowance for impairment losses
675.307 504.807
Penempatan pada Bank Indonesia 6 Placements with Bank Indonesia
dan bank lain 8.552.865 1.633.470 and other banks
Cadangan kerugian penurunan nilai (380) (1.278) Allowance for impairment losses
8.552.485 1.632.192
Tagihan spot dan derivatif 7 2.165 1.144 Receivables of spot and derivative
Surat berharga 8 28.107.297 29.517.088 Marketable securities
Cadangan kerugian penurunan nilai (253) (3.052) Allowance for impairment losses
28.107.044 29.514.036
Tagihan dari surat berharga yang Receivable from marketable
dibeli dengan janji securities purchased
dijual kembali 9 7.630.818 617.860 under resale agreement
Tagihan lainnya 10 433.130 333.339 Other receivables
Cadangan kerugian penurunan nilai (93.663) (79.003) Allowance for impairment losses
339.467 254.336
Kredit yang diberikan 11 Loans and
dan piutang/pembiayaan syariah sharia receivables/financing
- Pihak berelasi 703.753 112.444 Related parties -
- Pihak ketiga 109.798.867 75.240.296 Third parties -
Jumlah 110.502.620 75.352.740 Total
Cadangan kerugian penurunan nilai (3.713.637) (2.113.224) Allowance for impairment losses
106.788.983 73.239.516
Pendapatan bunga yang masih
akan diterima 12 1.119.602 790.520 Accrued interest income
Biaya dibayar dimuka 13 196.492 206.572 Prepaid expenses
Investasi pada entitas asosiasi 14 745 - Investments in associates
Penyertaan saham 15 - 2.568 Investment in shares
Aset tetap dan aset hak guna 16 Fixed assets and right-of-use assets
Biaya perolehan 4.783.501 2.980.176 Cost
Akumulasi penyusutan (1.769.496) (1.054.455) Accumulated depreciation
3.014.005 1.925.721
Aset takberwujud 17 Intangible assets
Biaya perolehan 591.155 276.974 Cost
Akumulasi amortisasi (168.924) (114.028) Accumulated amortization
422.231 162.946
Aset pajak tangguhan - bersih 25f 409.157 438.391 Deferred tax assets - net
Piutang pajak 25a 144.065 67.274 Tax receivables
Aset lain-lain - bersih 18 484.579 332.618 Other assets - net
JUMLAH ASET 168.854.843 118.142.127 TOTAL ASSETS
- -
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
1
Page 652
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
LIABILITAS, DANA SYIRKAH LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS SYIRKAH FUNDS, AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 19 1.390.263 914.703 Obligation due immediately
Simpanan dari nasabah Deposits from customers
- Pihak berelasi 20, 45 14.058.003 12.268.842 Related parties-
- Pihak ketiga 20 95.886.250 62.787.996 Third parties -
109.944.253 75.056.838
Simpanan dari bank lain Deposits from other banks
- Pihak berelasi 21, 45 49.848 44.323 Related parties-
- Pihak ketiga 21 3.978.302 689.451 Third parties -
4.028.150 733.774
Liabilitas surat berharga yang dijual Liabilities of marketable securities
dengan janji dibeli kembali 22 3.518.805 8.780.366 sold under repurchase agreement
Surat berharga yang diterbitkan 23 1.968.253 102.389 Securities issued
Pinjaman yang diterima 24 5.914.822 1.527.532 Borrowings
Utang pajak 25b 160.684 85.316 Taxes payable
Beban yang masih harus dibayar 26 648.437 442.600 Accrued expenses
Liabilitas lain-lain 27 1.326.931 809.256 Other liabilities
JUMLAH LIABILITAS 128.900.598 88.452.774 TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Simpanan dari nasabah Deposits from customers
- Pihak berelasi 28, 45 2.821.838 1.193.291 Related parties -
- Pihak ketiga 28 14.482.962 13.765.482 Third parties -
17.304.800 14.958.773
Simpanan dari bank lain Deposits from other banks
- Pihak ketiga 28 150.143 130.541 Third parties -
150.143 130.541
TOTAL DANA SYIRKAH TEMPORER 17.454.943 15.089.314 TEMPORARY SYIRKAH FUNDS
TOTAL LIABILITAS DAN TOTAL LIABILITIES AND
146.355.541 103.542.088
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
- -
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
2
Page 653
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
EKUITAS EQUITY
Modal saham Share capital
Seri A : nilai nominal Rp250 Series A : Rp250 (full Rupiah)
(Rupiah penuh) per saham per value per share
Seri B : nilai nominal Rp250 Series B : Rp250 (full Rupiah)
(Rupiah penuh) per saham per value per share
Modal dasar Authorized
Seri A : 24.000.000.000 saham Series A : 24,000,000,000 shares
Seri B : 12.000.000.000 saham Series B : 12,000,000,000 shares
Modal ditempatkan dan disetor penuh Issued and fully paid
Seri A : 11.934.147.982 saham Series A : 11,934,147,982 shares
Seri B : 3.081.350.100 saham 30 3.753.875 3.753.875 Series B : 3,081,350,100 shares
Tambahan modal disetor 31 532.734 532.734 Paid - in capital
Surplus revaluasi aset tetap 819.047 788.317 Revaluation surplus of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of defined employee
kerja pasti - setelah pajak tangguhan 44 (143.957) (135.364) benefit liabilities - net of deferred tax
Keuntungan (kerugian) yang belum direalisasi
atas aset keuangan yang diukur pada Unrealized gain (loss) financial assets
nilai wajar melalui penghasilan measured at fair value through
komprehensif lain other comprehensive income
- setelah pajak tangguhan 247.551 (150.141) net of deferred tax
Saldo laba Retained earnings
Cadangan umum 6.901.072 6.441.453 General reserve
Belum ditentukan penggunaannya 1.546.120 1.281.718 Unappropriated
Selisih transaksi dengan Transaction differences
kepentingan non-pengendali (6.213) - with non-controlling interests
Kepentingan non-pengendali Non-controlling interest
atas aset bersih Entitas Anak in net assets of
yang dikonsolidasi 29 8.849.073 2.087.447 consolidated Subsidiaries
JUMLAH EKUITAS 22.499.302 14.600.039 TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
168.854.843 118.142.127
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
- -
- -
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
3
Page 654
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
PENDAPATAN DAN OPERATING INCOME
BEBAN OPERASIONAL AND EXPENSES
Pendapatan bunga dan syariah 32 10.291.308 8.381.809 Interest and shariah income
Beban bunga dan syariah 33 (3.074.670) (2.656.211) Interest and shariah expense
Pendapatan bunga bersih 7.216.638 5.725.598 Net interest income
Pendapatan operasional lainnya 34 1.075.152 832.238 Other operating income
Beban operasional lainnya Other operating expenses
Tenaga kerja 36 (2.187.393) (1.745.062) Personnel
Umum dan administrasi 37 (1.658.079) (1.499.676) General and administrative
Penyisihan atas penurunan Allowance for impairment
nilai aset keuangan 35 (1.949.179) (1.287.595) losses on financial assets
Beban lainnya 38 (457.142) (368.502) Other expenses
Jumlah beban operasional lain (6.251.793) (4.900.835) Total other operating expense
LABA OPERASIONAL 2.039.997 1.657.001 INCOME FROM OPERATING
PENDAPATAN DAN BEBAN NON-OPERATING INCOME
NON-OPERASIONAL AND EXPENSES
Pendapatan non-operasional 39 129.894 71.242 Non-operating income
Beban non-operasional 40 (77.248) (45.526) Non-operating expenses
PENDAPATAN NON-OPERASIONAL - BERSIH 52.646 25.716 NON-OPERATING INCOME - NET
LABA SEBELUM PAJAK PENGHASILAN 2.092.643 1.682.717 INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN INCOME TAX EXPENSE
Kini 25c (457.566) (298.802) Current
Tangguhan 25f (17.884) (88.097) Deferred
BEBAN PAJAK PENGHASILAN (475.450) (386.899) INCOME TAX EXPENSE
LABA BERSIH 1.617.193 1.295.818 NET INCOME
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
4
Page 655
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Pos-pos yang akan Items that will be reclassified
direklasifikasi ke laba rugi: subsequently to profit or loss:
Keuntungan (kerugian) yang
belum direlaisasi atas Unrealized gain (loss) on
aset keuangan yang diukur financial assets
diukur pada nilai wajar measured at fair value
melalui penghasilan through other
komprehensif lain 8f 488.427 (107.359) comprehensive income
Pajak penghasilan terkait 8f (94.061) 20.206 Related income taxes
394.366 (87.153)
Pos-pos yang tidak akan Items that will not be reclassified
direklasifikasi ke laba rugi: subsquently to profit or loss:
Surplus (defisit) revaluasi aset tetap 47.720 (16.190) Revaluation surplus (deficit) of fixed assets
Pengukuran kembali liabilitas imbalan kerja (43.614) (20.469) Remeasurement of employee benefit liabilities
Pajak penghasilan terkait 2.375 3.627 Related income taxes
6.481 (33.032)
Penghasilan komprehensif Other comprehensive
400.847 (120.185)
lain - setelah pajak income - net of tax
JUMLAH LABA TOTAL COMPREHENSIVE
2.018.040 1.175.633
KOMPREHENSIF INCOME
Laba tahun berjalan yang Net income for the
dapat diatribusikan kepada: year attributable to:
Pemilik entitas induk 1.545.518 1.281.718 Equity holders of the parent entity
Kepentingan non-pengendali 71.675 14.100 Non-controlling interest
1.617.193 1.295.818
Penghasilan komprehensif tahun berjalan Comprehensive income for
yang dapat diatribusikan kepada: the year attributable to:
Pemilik entitas induk 1.965.347 1.178.216 Equity holders of the parent entity
Kepentingan non-pengendali 52.693 (2.583) Non-controlling interest
2.018.040 1.175.633
LABA PER SAHAM - - BASIC EARNINGS PER
DASAR DIATRIBUSIKAN SHARE ATTRIBUTABLE TO EQUITY
KEPADA PEMILIK ENTITAS INDUK 102,93 85,36 HOLDERS OF THE PARENT ENTITY
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
5
Page 656
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Untuk tahun yang berakhir pada tanggal-tanggal 31 Desember 2025 dan 2024 For the years ended December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan
(kerugian) yang
belum direalisasi
atas efek-efek
yang diukur pada
Nilai wajar
melalui
penghasilan
komprehensif Rugi pengukuran Kepentingan non-
lain/ Unrealized kembali program pengendali atas
gain (loss) on manfaat pasti - aset bersih
marketable setelah pajak Selisih transaksi Entitas Anak
securities at Fair tangguhan/ dengan yang
Selisih penilaian value through Loss kepentingan non- dikonsolidasi/
Modal kembali aset other remeasurement Saldo laba/Retained earnings pengendali/ Non-controlling
ditempatkan dan Tambahan modal tetap/ comprehensive of defined Transaction interest in net
Telah ditentukan Belum ditentukan
disetor penuh/ disetor/ Revalution income - benefit pension differences with assets of
Catatan/ Issued and fully Additional paid- surplus of fixed net of deferred plans -net of penggunaannya/ penggunaannya/ non-controlling consolidated Jumlah ekuitas/
Notes paid capital in capital assets tax deferred tax Appropriated Unappropriated interests Subsidiaries Total equity
Saldo 31 Desember 2023 3.753.875 532.734 788.049 (63.958) (117.777) 5.788.041 1.470.105 - - 12.151.069 Balance as of December 31, 2023
Setoran modal dari Additional paid capital
kepentingan non-pengendali - - - - - - - 50.100 50.100 from non-controlling interests
Pembentukan cadangan umum 30e - - - - - 653.412 (653.412) - - - Appropriation for general reserve
Pembagian dividen tunai 30e - - - - - - (816.693) - - (816.693) Distribution of cash dividends
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - 268 (86.183) (17.587) - 1.281.718 - (2.583) 1.175.633 for the year
Kepentingan non-pengendali Non-controlling interest
yang diperoleh dari arising from
kombinasi bisnis - - - - - - - - 2.039.930 2.039.930 business combination
Saldo 31 Desember 2024 3.753.875 532.734 788.317 (150.141) (135.364) 6.441.453 1.281.718 - 2.087.447 14.600.039 Balance as of December 31, 2024
Setoran modal dari Additional paid capital
kepentingan non-pengendali - - - - - - - - 26.356 26.356 from non-controlling interests
Pembentukan cadangan umum 30e - - - - - 459.619 (459.619) - - - Appropriation for general reserve
Pembagian dividen tunai 30e - - - - - - (821.497) - (173.028) (994.525) Distribution of cash dividends
-
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - 30.730 397.692 (8.593) - 1.545.518 - 52.693 2.018.040 for the year
Selisih kepentingan Differences in
non-pengendali - - - - - - - (6.213) 6.213 - non-controlling interests
Kepentingan non-pengendali Non-controlling interest
yang diperoleh dari arising from
kombinasi bisnis - - - - - - - - 6.849.392 6.849.392 business combination
Saldo 31 Desember 2025 3.753.875 532.734 819.047 247.551 (143.957) 6.901.072 1.546.120 (6.213) 8.849.073 22.499.302 Balance as of December 31, 2025
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
6
Page 657
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan bunga dan syariah, Interest and sharia, provision
provisi dan komisi 10.124.132 8.306.344 and commissions received
Pembayaran bunga dan syariah (3.095.203) (2.708.316) Interest and sharia paid
Penerimaan pendapatan operasional lainnya 812.050 675.952 Other operating income received
Penerimaan kembali dari kredit dan Collection of loans and
piutang/pembiayaan hapus buku 178.320 156.285 receivable/financing written-off
Pembayaran beban umum dan administrasi (1.926.529) (1.566.455) General and administrative expenses paid
Pembayaran beban tenaga kerja (2.114.455) (1.836.797) Personel expenses paid
Penerimaan pendapatan non-operasional 202.018 69.815 Non-operating income received
Pembayaran beban non-operasional (81.512) (45.500) Non-operating expenses paid
Pembayaran pajak penghasilan (455.738) (313.729) Income tax paid
Penerimaan kas sebelum perubahan Cash received before change
3.643.083 2.737.599
dalam aset dan liabilitas operasi in operating assets and liabilities
Penurunan (kenaikan) dalam aset operasi: Decrease (increase) in operating assets:
Penempatan pada Bank Indonesia dan bank lain - 1.500 Placement with Bank Indonesia and other banks
Kredit yang diberikan 11 (5.108.148) (10.079.129) Loans
Tagihan spot dan derivatif (1.021) (1.144) Receivable of spot and derivative
Tagihan dari surat berharga yang dibeli Receivable from marketable securities
dengan janji dijual kembali (5.881.926) 5.629.458 purchased under resale agreement
Aset lain-lain 18 (82.225) (112.232) Other assets
Aset hak guna 49.779 (60.859) Right of use assets
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera 19 37.314 (167.942) Liabilities immediately payable
Simpanan nasabah 20 4.547.375 (329.793) Deposits from customers
Simpanan dari bank lain 21 1.940.367 (1.834.568) Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali (5.261.561) 865.203 under repurchase agreement
Liabilitas lain-lain 27 46.690 (183.478) Other liabilities
Kas bersih digunakan untuk Net cash used
(6.070.273) (3.535.385)
aktivitas operasi in operating activites
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
7
Page 658
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Penjualan (pembelian) surat berharga 5.285.043 (2.267.013) Proceed (placement) marketable securities
Pembelian aset tetap 16 (104.163) (67.992) Acquisitons of fixed assets
Pembelian aset takberwujud 17 (2.569) (3.377) Acquisitons of intangible assets
Hasil penjualan aset tetap 449 1.542 Proceeds from sale of fixed assets
Penyertaan pada entitas asosiasi (745) - Investment in associate entity
Akuisisi Entitas Anak (300.000) (100.000) Acquisition of Subsidiaries
Hasil penjualan penyertaan saham 1.669 - Proceeds from sale of investment in shares
Kas yang diperoleh dari akuisisi Entitas Anak 6.388.488 1.126.261 Cash receipts from acquisition of Subsidiaries
Kas bersih diperoleh dari Net cash provided by (used in)
11.268.172 (1.310.579)
(digunakan untuk) aktivitas investasi investing activites
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan (pembayaran) dari pinjaman yang diterima 3.585.399 (230.423) Proceeds (payment) from borrowings
Pembayaran liabilitas sewa 27 (43.399) (15.724) Payment of lease liability
Penambahan modal disetor 26.356 50.100 Additional paid-in capital
Pembayaran dividen kas (994.525) (816.693) Payments of cash dividend
Surat berharga yang diterbitkan 1.834.136 100.000 Marketable securities issued
Kas bersih diperoleh dari Net cash provided by (used in)
4.407.967 (912.740)
(digunakan untuk) aktivitas pendanaan financing activites
KENAIKAN (PENURUNAN) BERSIH NET INCREASE (DECREASE) IN CASH
KAS DAN SETARA KAS 9.605.866 (5.758.704) AND CASH EQUIVALENTS
Kas dan setara kas Cash and cash equivalents
awal tahun 10.590.180 16.348.884 at beginning of year
Kas dan setara kas Cash and cash equivalents
20.196.046 10.590.180
akhir tahun at ended of year
Kas dan setara kas Cash and cash equivalents
terdiri dari: consist of:
Kas 4.347.459 2.867.479 Cash
Current account with
Giro pada Bank Indonesia 6.620.239 5.584.147 Bank Indonesia
Current account with
Giro pada bank lain 675.483 505.084 other banks
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain yang jatuh tempo and other banks with original
dalam 3 bulan atau kurang sejak maturities of 3 monts or less
tanggal perolehan 8.552.865 1.633.470 from acquisition date
Jumlah kas dan setara kas 20.196.046 10.590.180 Total cash and cash equivalents
- -
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
8
Page 659
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian Bank dan informasi umum a. Establish of the Bank and general information
PT Bank Pembangunan Daerah Jawa Timur Tbk (“Bank”) PT Bank Pembangunan Daerah Jawa Timur Tbk (the “Bank”)
didirikan dengan nama PT Bank Pembangunan Daerah Djawa was established under the name PT Bank Pembangunan
Timur pada tanggal 17 Agustus 1961 dengan Akta No.91 yang Daerah Djawa Timur on August 17, 1961 by Deed No.91 made
dibuat oleh Notaris Anwar Mahajudin. Berdasarkan Undang- by Notary Anwar Mahajudin. Based on Law No.13 Year 1962
Undang No.13 tahun 1962 tentang Ketentuan Pokok Bank concerning Basic Terms of Regional Development Banks
Pembangunan Daerah yang mengharuskan Bank Pembangunan which requires Regional Development Banks to be established
Daerah didirikan dengan Peraturan Pemerintah Daerah, maka by Regional Government Regulation, the Regional
Pemerintah Daerah Tingkat I Jawa Timur mengeluarkan Government of Level I of East Java issued Regional
Peraturan Daerah No.2 tahun 1976. Atas dasar peraturan Regulation No.2 Year 1976. Based on such regional
daerah tersebut, nama PT Bank Pembangunan Daerah Djawa regulation, the name of PT Bank Pembangunan Daerah Djawa
Timur diubah menjadi Bank Pembangunan Daerah Jawa Timur. Timur was changed to Bank Pembangunan Daerah Jawa
Timur.
Peraturan Daerah telah disahkan oleh Menteri Dalam Negeri The Regional Regulation was approved by the Minister of
dalam Surat Keputusan No.Pem.10/5/26-18 tanggal 31 Januari Internal Affairs in Decree No.Pem.10/5/26-18 dated January
1977 dan diumumkan dalam Lembaran Daerah Provinsi Daerah 31, 1977 and published in the Regional Gazette of the
Tingkat I Jawa Timur Tahun 1977 Seri C No.I/c tanggal 1 Province of East Java Year 1977 Series C No.I/c dated
Februari 1977. Peraturan Daerah telah mengalami beberapa kali February 1, 1977. The Regional Regulation has undergone
perubahan dan diubah terakhir dengan Peraturan Daerah No.11 several amendments and was last amended by Regional
tahun 1996 tanggal 30 Desember 1996 yang disahkan oleh Regulation No.11 Year 1996 dated December 30, 1996 which
Menteri Dalam Negeri dengan Surat Keputusan No.584.35-280 was authorized by the Minister of Internal Affairs in Decree
tanggal 21 April 1997. Dengan pengesahan Peraturan Daerah No.584.35-280 dated April 21, 1997. With authorization of
No.1 tahun 1999 oleh DPRD Provinsi Jawa Timur tanggal 20 Regional Regulation No.1 Year 1999 by the DPRD of East
Maret 1999 dan oleh Menteri Dalam Negeri dengan Surat Java Province on March 20, 1999 and by the Minister of
Keputusan No.584.35-317 tanggal 14 April 1999, maka bentuk Internal Affairs with Decree No.584.35-317 dated April 14,
hukum Bank Pembangunan Daerah Jawa Timur diubah dari 1999, the legal form of the East Java Regional Development
Perusahaan Daerah menjadi Perseroan Terbatas. Bank was changed from a Regional Company to a Limited
Liability Company.
Perubahan status bentuk hukum telah sesuai dengan Akta No.1 The change of legal form status has been in accordance with
tanggal 1 Mei 1999 yang dibuat oleh Notaris R. Sonny Hidayat Deed No.1 dated May 1, 1999 made by Notary R. Sonny
Julistyo, S.H., dan telah disahkan oleh Menteri Kehakiman Hidayat Julistyo, S.H., and has been authorized by the Minister
Republik Indonesia dengan Surat Keputusan of Justice of the Republic of Indonesia with Decree
No.C2.8227.HT.01.01.TH.99 tanggal 5 Mei 1999 serta No.C2.8227.HT.01.01.TH.99 dated May 5, 1999 and
diumumkan dalam Lembaran Berita Negara Republik Indonesia announced in the State Gazette of the Republic of Indonesia
tanggal 25 Mei 1999 No.42, Tambahan Berita Negara Republik dated May 25, 1999 No.42, Supplement to the State Gazette of
Indonesia No.3008/1999. the Republic of Indonesia No.3008/1999.
Seiring dengan perkembangan perekonomian dan dalam rangka Along with the development of the economy and in order to
memenuhi persyaratan sebagai Bank Pembangunan Daerah meet the requirements as a Regional Champion of Regional
(BPD) Regional Champion yang salah satu parameternya Development Bank (BPD), one of the parameters of which is to
adalah untuk memperkuat permodalan, maka dilakukan strengthen capital, the Bank's Articles of Association were
perubahan Anggaran Dasar Bank berdasarkan Akta No.89 amended based on Deed No.89 dated April 25, 2012 made by
tanggal 25 April 2012 yang dibuat oleh Notaris Fathiah Helmi, Notary Fathiah Helmi, S.H., in Jakarta which has obtained
S.H., di Jakarta yang telah memperoleh persetujuan dari approval from the Ministry of Law and Human Rights based on
Kementerian Hukum dan Hak Asasi Manusia berdasarkan Surat Decree No.AHU-22728.AH.01.02. Year 2012 dated April 30,
Keputusan No.AHU-22728.AH.01.02. Tahun 2012 tanggal 30 2012, has been registered in the Register of Companies in
April 2012, telah didaftarkan dalam Daftar Perseroan sesuai accordance with the Law on Limited Liability Companies with
dengan Undang Undang Perseroan Terbatas dengan No.AHU- No.AHU-0038044.AH.01.09 Year 2012 dated April 30, 2012
0038044.AH.01.09 Tahun 2012 tanggal 30 April 2012 serta and based on the Decree of the Capital Market and Financial
berdasarkan Surat Keputusan Badan Pengawas Pasar Modal Institutions Supervisory Agency (BAPEPAM-LK) dated
dan Lembaga Keuangan (BAPEPAM-LK) tanggal 29 November November 29, 2012 was declared effective for the registration
2012 dinyatakan efektif untuk pernyataan pendaftaran dan statement and changed its name to PT Bank Pembangunan
berubah nama menjadi PT Bank Pembangunan Daerah Jawa Daerah Jawa Timur Tbk.
Timur Tbk.
Selanjutnya, Anggaran Dasar telah beberapa kali mengalami Subsequently, the Articles of Association have been amended
perubahan, terakhir melalui Akta Rapat Umum Pemegang several times, most recently through the Deed of the General
Saham No.48 tanggal 22 Mei 2025 yang dibuat dihadapan Meeting of Shareholders No. 48 dated May 22, 2025, executed
Sitaresmi Puspadewi Subianto, SH., M.Kn., Notaris di Surabaya in the presence of Sitaresmi Puspadewi Subianto, SH., M.Kn.,
mengenai perubahan pasal 15, 16, 17, 18, 20, dan 21. Akta a Notary in Surabaya, regarding amendments to Articles 15,
perubahan ini telah memperoleh persetujuan dari Menteri Hukum 16, 17, 18, 20, and 21. This deed of amendment has been
dan Hak Asasi Manusia Republik Indonesia Nomor AHU- approved by the Minister of Law and Human Rights of the
0140612.AH.01.11 tahun 2025 tanggal 24 Juni 2025. Republic of Indonesia under No. AHU-0140612.AH.01.11 of
2025 dated June 24, 2025.
9
Page 660
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian Bank dan informasi umum (lanjutan) a. Establish of the Bank and general information (continued)
Bank mulai melakukan kegiatan operasional sesuai Surat The Bank started its operational activities in accordance with
Keputusan Menteri Keuangan Republik Indonesia No.BUM 9-4-5 the Decree of the Minister of Finance of the Republic of
pada tanggal 15 Agustus 1961. Sedangkan Unit Usaha Syariah Indonesia No.BUM 9-4-5 on August 15, 1961. Meanwhile, the
(UUS) dibentuk dan mulai mulai melakukan kegiatan operasional Syariah Business Unit (UUS) was established and started its
sejak tanggal 21 Agustus 2007 sesuai dengan surat Persetujuan operational activities on August 21, 2007 in accordance with
Prinsip Pendirian UUS dari Bank Indonesia No.9/75/DS/Sb the letter of Principle Approval for the Establishment of UUS
tanggal 4 April 2007. from Bank Indonesia No.9/75/DS/Sb dated April 4, 2007.
Entitas induk terakhir dari Bank adalah Pemerintah Provinsi The ultimate parent entity of the Bank is the Government of
Jawa Timur. East Java Province.
Bank memperoleh ijin untuk beroperasi sebagai bank devisa The Bank obtained a license to operate as a foreign exchange
berdasarkan Surat Keputusan Direksi Bank Indonesia (BI) bank based on the Decree of the Board of Directors of Bank
No.23/28/KEP/DIR tanggal 2 Agustus 1990. Indonesia (BI) No.23/28/KEP/DIR dated August 2, 1990.
Sesuai dengan pasal 3 Anggaran Dasar Bank tersebut, ruang In accordance with article 3 of the Bank's Articles of
lingkup kegiatan Bank adalah menjalankan kegiatan usaha di Association, the scope of the Bank's activities is to carry out
bidang perbankan, termasuk perbankan berdasarkan prinsip business activities in the banking sector, including banking
Syariah serta kegiatan perbankan lainnya yang lazim sesuai based on Sharia principles and other banking activities in
dengan peraturan perundang-undangan yang berlaku. accordance with the prevailing laws and regulations.
Tugas utama Bank adalah ikut mendorong pertumbuhan potensi The Bank's main task is to encourage the growth of regional
ekonomi daerah melalui peran sertanya dalam mengembangkan economic potential through its participation in developing small
sektor-sektor usaha kredit kecil dan menengah dalam rangka and medium credit business sectors in order to obtain optimal
memperoleh laba yang optimal. Kegiatan utamanya yaitu profits. Its main activities are to collect and distribute funds and
menghimpun dan menyalurkan dana serta memberikan jasa-jasa provide other banking services.
perbankan lainnya.
b. Penawaran umum perdana saham b. Initial public offering (IPO)
Berdasarkan Surat Badan Pengawas Pasar Modal dan Lembaga Based on the Letter of the Capital Market and Financial
Keuangan (BAPEPAM-LK) No.S-8143/BL/2012 tanggal 29 Institutions Supervisory Agency (BAPEPAM-LK) No.S-
November 2012, pernyataan pendaftaran yang diajukan Bank 8143/BL/2012 dated November 29, 2012, the registration
dalam rangka Penawaran Umum Perdana saham kepada statement submitted by the Bank related to Initial Public
masyarakat sejumlah 2.983.537.000 saham Seri B, dengan nilai Offering of 2,983,537,000 Series B shares, with a par value of
nominal sebesar Rp250 (Rupiah penuh) setiap saham dengan Rp250 (full Rupiah) per share at an offering price of Rp430 per
harga penawaran sebesar Rp430 per saham (Rupiah penuh) share (full Rupiah) has become effective on November 29,
telah menjadi efektif pada tanggal 29 November 2012. Saham 2012. The offered shares were listed and started trading on the
yang ditawarkan tersebut dicatatkan dan mulai diperdagangkan Indonesia Stock Exchange on July 12, 2012. The excess of the
di Bursa Efek Indonesia pada tanggal 12 Juli 2012. Selisih lebih offering price per share over the par value per share is
antara harga penawaran per saham dengan nilai nominal per recorded as “Additional paid-in capital, net of share issuance
saham dicatat sebagai “Tambahan modal disetor, setelah costs”, which is presented in the Equity section of the
dikurangi dengan biaya emisi saham”, yang disajikan pada Consolidated Statements of Financial Position.
bagian Ekuitas pada Laporan Posisi Keuangan Konsolidasian.
Berkaitan dengan penawaran umum saham perdana, Bank In connection with the initial public offering, the Bank
mengimplementasikan program Employee Stock Allocation implement the Employee Stock Allocation (ESA) program by
(ESA) dengan mengalokasikan saham sebanyak-banyaknya allocating shares up to 10% of the total issued shares offered
sebesar 10% dari jumlah penerbitan saham yang ditawarkan dan and issuing stock options for the Management and Employee
menerbitkan opsi saham untuk program Management and Stock Option Plan (MESOP) program up to 0.71% of the total
Employee Stock Option Plan (MESOP) sebanyak-banyaknya issued and fully paid-up capital after the initial public offering.
sebesar 0,71% dari jumlah modal ditempatkan dan disetor penuh
setelah penawaran umum perdana saham.
Program MESOP Tahap I telah dilaksanakan tanggal 1 Agustus The MESOP Program Phase I has been implemented from
2016 - 13 September 2016, tanggal 1 Februari 2017 - 13 Maret August 1, 2016 - September 13, 2016, February 1, 2017 -
2017, tanggal 1 Agustus 2017 - 13 September 2017, tanggal 1 March 13, 2017, August 1, 2017 - September 13, 2017,
Februari 2018 - 15 Maret 2018, tanggal 1 Agustus 2018 - 14 February 1, 2018 - March 15, 2018, August 1, 2018 -
September 2018, tanggal 1 Februari 2019 - 18 Maret 2019, dan September 14, 2018, February 1, 2019 - March 18, 2019, 2019
tanggal 1 Agustus 2019 - 11 September 2019. Program MESOP - September 11, 2019, and February 3, 2020 - March 16, 2020.
Tahap II telah dilaksanakan tanggal 1 Agustus 2017 - 13 The MESOP Program Phase II has been implemented from
November 2017, dan tanggal 1 Februari 2018 - 15 Maret 2018, August 1, 2017 - September 13, 2017, February 1, 2018-
tanggal 1 Agustus 2018 - 14 September 2018, tanggal 1 Februari March 15, 2018, August 1, 2018 - September 14, 2018,
2019 - 18 Maret 2019, tanggal 1 Agustus 2019 - 11 September February 1, 2019 - March 18, 2019, August 1, 2019 -
2019, dan tanggal 3 Februari 2020 - 16 Maret 2020. Program September 11, 2019, and February 3, 2020 - March 16, 2020.
MESOP Tahap III telah dilaksanakan tanggal 1 Agustus 2018 - The MESOP Program Phase III has been implemented from
14 September 2018, tanggal 1 Februari 2019 - 18 Maret 2019, August 1, 2018 - September 14, 2018, February 1, 2019 -
tanggal 1 Agustus 2019 - 11 September 2019, dan tanggal 3 March 18, 2019, August 1, 2019 - September 11, 2019, and
Februari 2020 - 16 Maret 2020. February 3, 2020 - March 16, 2020.
10
Page 661
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak c. Subsidiaries
Bank mempunyai kepemilikan langsung pada Entitas Anak The Bank has direct ownership in the following Subsidiaries:
berikut:
Tahun mulai
beroperasi
komersial/ Persentase kepemilikan/ Total aset/
Year started Percentage of ownership Total assets
Nama perusahaan / Kegiatan usaha/ commercial
Company name Business activity operations 2025 2024 2025 2024
4
PT Bank Pembangunan Daerah Perbankan Syariah/
2018 3,89% 4,09% 17.301.691 16.119.568
Nusa Tenggara Barat Syariah Sharia Banking
PT Bank Pembangunan Daerah Perbankan/
1962 3,23% - 20.092.885 -
Nusa Tenggara Timur Banking
PT Bank Pembangunan Daerah Perbankan/
1966 4,09% - 11.841.948 -
Lampung Banking
PT Bank Pembangunan Daerah Perbankan/
1970 3,38% - 14.813.529 -
Sulawesi Tenggara Banking
PT Bank Pembangunan Daerah Nusa Tenggara Barat PT Bank Pembangunan Daerah Nusa Tenggara Barat
Syariah ("NTBS") Syariah ("NTBS")
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
("NTBS") pada awalnya didirikan dengan nama PT Bank ("NTBS") was initially established under the name PT Bank
Pembangunan Daerah Nusa Tenggara Barat dengan status Pembangunan Daerah Nusa Tenggara Barat as a Regional
Perusahaan Daerah dengan modal pertama pada tanggal 5 Juli Government-Owned Enterprise with initial capital on July 5,
1964. Pada tanggal 24 September 2018 melalui Surat Keputusan 1964. On September 24, 2018, through the Decree of the
Menteri Hukum dan Hak Asasi Manusia Republik Indonesia Minister of Law and Human Rights of the Republic of Indonesia
No.AHU-0017252.AH.01.02 Tahun 2018, NTBS telah efektif No.AHU-0017252.AH.01.02 year 2018, NTBS officially began
beroperasional sebagai bisnis usaha syariah. operating as a Sharia business entity.
Perjanjian Antar Pemegang Saham oleh dan antara Pemerintah The Shareholders' Agreement by and between the Province
Provinsi Nusa Tenggara Barat dengan PT Bank Pembangunan Government of West Nusa Tenggara and PT Bank
Daerah Jawa Timur Tbk tanggal 8 Mei 2024 menyetujui Bank Pembangunan Daerah Jawa Timur Tbk dated May 8, 2024,
selaku Perusahaan Induk memiliki kewenangan untuk agrees that the Bank, as the Parent Company, has the
melakukan pengendalian dan mengkonsolidasikan laporan authority to control and consolidate NTBS's financial
keuangan NTBS ke dalam laporan keuangan Bank dan tidak ada statements into the Bank's financial statements, and no other
pihak lain yang melakukan konsolidasi laporan keuangan NTBS. party will consolidate NTBS's financial statements.
NTBS tergabung dalam Kelompok Usaha Bank ("KUB") PT Bank NTBS incorporated in the Bank Business Group ("KUB") of PT
Pembangunan Daerah Jawa Timur Tbk dan Bank selaku Bank Pembangunan Daerah Jawa Timur Tbk and the Bank as
Perusahaan Induk serta NTBS selaku Perusahaan Anak telah the Parent Company and NTBS as the Subsidiary, have been
ditatausahakan dalam administrasi pengawasan Otoritas Jasa administered under the supervision of the Financial Services
Keuangan ("OJK") sesuai dengan Surat OJK No.S- Authority ("OJK") in accordance with the OJK Letter No.S-
38/KO.14/2024 perihal Penegasan Struktur Kelompok Usaha 38/KO.14/2024 regarding the Confirmation of the Bank
Bank PT Bank Pembangunan Daerah Jawa Timur Tbk tanggal Business Group Structure of PT Bank Pembangunan Daerah
23 Oktober 2024. Jawa Timur Tbk dated October 23, 2024.
Kantor Pusat NTBS berlokasi di Jl. Udayana, Dasan Agung, NTBS's head office is located in Jl. Udayana, Dasan Agung,
Mataram, Nusa Tenggara Barat. Pada tanggal 31 Desember Mataram, Nusa Tenggara Barat. As of December 31, 2025, the
2025, NTBS memiliki 1 Kantor Pusat, 13 Kantor Cabang, 28 Bank has 1 head office, 13 branches, 28 sub-branches and 28
Kantor Cabang Pembantu dan 28 Kantor Fungsional. Jumlah functional office. On December 31, 2025 and 2024, the NTBS
karyawan NTBS pada tanggal 31 Desember 2025 dan 2024 had 1,088 and 968 permanent employees, respectively.
masing-masing adalah 1.088 dan 968 karyawan tetap.
PT Bank Pembangunan Daerah Nusa Tenggara Timur PT Bank Pembangunan Daerah Nusa Tenggara Timur
("BNTT") ("BNTT")
PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT") PT Bank Pembangunan Daerah Nusa Tenggara Timur
didirikan berdasarkan akta notaris No.12 tanggal 18 Oktober ("BNTT") was established based on the notarial deed No.12
1961 yang dibuat dihadapan Casper Melchior Keluanan Amalo, dated October 18, 1961 as notarised by Casper Melchior
wakil notaris sementara di Kupang. BNTT telah mulai beroperasi Keluanan Amalo, vice notary in Kupang. BNTT has started
secara komersial pada tanggal 17 Juli 1962 berdasarkan Surat commercial operations on July 17, 1962 based on the Decision
Keputusan Menteri Keuangan Republik Indonesia No.BUM.9- Letter of Minister of Finance of the Republic of Indonesia
13/II tanggal 5 Februari 1962. No.BUM.9-13/II dated February 5, 1962.
11
Page 662
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak (lanjutan) c. Subsidiaries (continued)
PT Bank Pembangunan Daerah Nusa Tenggara Timur PT Bank Pembangunan Daerah Nusa Tenggara Timur
("BNTT") (lanjutan) ("BNTT") (continued)
Perjanjian Antar Pemegang Saham oleh dan antara Pemerintah The Shareholders' Agreement by and between the Province
Provinsi Nusa Tenggara Timur dengan PT Bank Pembangunan Government of East Nusa Tenggara and PT Bank
Daerah Jawa Timur Tbk tanggal 16 Desember 2024 menyetujui Pembangunan Daerah Jawa Timur Tbk dated December 16,
Bank selaku Perusahaan Induk memiliki kewenangan untuk 2024, agrees that the Bank, as the Parent Company, has the
melakukan pengendalian dan mengkonsolidasikan laporan authority to control and consolidate BNTT's financial
keuangan BNTT ke dalam laporan keuangan Bank dan tidak ada statements into the Bank's financial statements, and no other
pihak lain yang melakukan konsolidasi laporan keuangan BNTT. party will consolidate BNTT's financial statements.
BNTT tergabung dalam KUB PT Bank Pembangunan Daerah BNTT incorporated in the KUB of PT Bank Pembangunan
Jawa Timur Tbk dan Bank selaku Perusahaan Induk serta BNTT Daerah Jawa Timur Tbk and the Bank as the Parent Company
selaku Perusahaan Anak telah ditatausahakan dalam and BNTT as the Subsidiary, have been administered under
administrasi pengawasan OJK sesuai dengan Surat OJK No.S- the supervision of the OJK in accordance with the OJK Letter
228/KO.14/2025 perihal Penegasan Struktur Kelompok Usaha No.S-228/KO.14/2025 regarding the Confirmation of the Bank
Bank PT Bank Pembangunan Daerah Jawa Timur Tbk tanggal Business Group Structure of PT Bank Pembangunan Daerah
14 Desember 2025. Jawa Timur Tbk dated December 14, 2025.
Kantor Pusat BNTT berlokasi di Jl. W.J. Lalamentik No.102, BNTT's head office is located in Jl. W.J. Lalamentik No.102,
Kupang, Nusa Tenggara Timur. Pada tanggal 31 Desember Kupang, East Nusa Tenggara. As of December 31, 2025,
2025, BNTT memiliki 1 Kantor Pusat, 23 Kantor Cabang, 46 BNTT has 1 head office, 23 branches, 46 sub-branches and
Kantor Cabang Pembantu dan 117 Kantor Fungsional. Jumlah 117 functional office. On December 31, 2025, BNTT had 2,007
karyawan BNTT pada tanggal 31 Desember 2025 adalah 2.007 permanent employees.
karyawan tetap.
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara
("BSTR")
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara (“BSTR”)
didirikan sebagai Perusahaan Daerah (PD) berdasarkan was established as a Regional Company (PD) pursuant to
Peraturan Daerah Provinsi Tingkat I Sulawesi Tenggara No.1 Southeast Sulawesi Province Level I Regional Regulation No.
Tahun 1981 yang telah diubah beberapa kali dan terakhir 1 of 1981, which has been amended several times, most
dengan Peraturan Daerah Provinsi Sulawesi Tenggara No.3 recently by Southeast Sulawesi Province Regional Regulation
Tahun 2012 tentang Perubahan Bentuk Badan Hukum Bank No. 3 of 2012 concerning the Change in Legal Entity Form of
Pembangunan Daerah Sulawesi Tenggara dari Perusahaan the Southeast Sulawesi Regional Development Bank from a
Daerah menjadi Perseroan Terbatas. Penyesuaian bentuk Regional Company to a Limited Liability Company. The
badan hukum menjadi Perseroan Terbatas dinyatakan dalam change in legal form to a Limited Liability Company was stated
akta notaris No.107 tanggal 21 Agustus 2013 yang dibuat in notarial deed No. 107 dated August 21, 2013, drawn up
dihadapan Notaris Irwan Addy Sanusi, S.H. BSTR telah mulai before Notary Irwan Addy Sanusi, S.H. BSTR began
beroperasi secara komersial pada tanggal 27 Januari 1970 commercial operations on January 27, 1970, pursuant to
melalui Surat Keputusan Menteri Keuangan Republik Indonesia Decree of the Minister of Finance of the Republic of Indonesia
No.D.15.16.1.18 Tentang Pemberian Izin Usaha Bank. No. D.15.16.1.18 regarding the Granting of a Banking
Business License.
Perjanjian Antar Pemegang Saham oleh dan antara Pemerintah The Shareholders' Agreement by and between the Province
Provinsi Sulawesi Tenggara dengan PT Bank Pembangunan Government of Southeast Sulawesi and PT Bank
Daerah Jawa Timur Tbk tanggal 24 Desember 2024 menyetujui Pembangunan Daerah Jawa Timur Tbk dated December 24,
Bank selaku Perusahaan Induk memiliki kewenangan untuk 2024, agrees that the Bank, as the Parent Company, has the
melakukan pengendalian dan mengkonsolidasikan laporan authority to control and consolidate BSTR's financial
keuangan BSTR ke dalam laporan keuangan Bank dan tidak ada statements into the Bank's financial statements, and no other
pihak lain yang melakukan konsolidasi laporan keuangan BSTR. party will consolidate BSTR's financial statements.
BSTR tergabung dalam KUB PT Bank Pembangunan Daerah BSTR incorporated in the KUB of PT Bank Pembangunan
Jawa Timur Tbk dan Bank selaku Perusahaan Induk serta BSTR Daerah Jawa Timur Tbk and the Bank as the Parent Company
selaku Perusahaan Anak telah ditatausahakan dalam and BSTR as the Subsidiary, have been administered under
administrasi pengawasan OJK sesuai dengan Surat OJK No.S- the supervision of the OJK in accordance with the OJK Letter
240/KO.14/2025 perihal Penegasan Struktur Kelompok Usaha No.S-240/KO.14/2025 regarding the Confirmation of the Bank
Bank PT Bank Pembangunan Daerah Jawa Timur Tbk tanggal Business Group Structure of PT Bank Pembangunan Daerah
23 Desember 2025. Jawa Timur Tbk dated December 23, 2025.
12
Page 663
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak (lanjutan) c. Subsidiaries (continued)
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara
(lanjutan) ("BSTR") (continued)
Kantor Pusat BSTR berlokasi di Jl. Drs. H. Abdullah Silondae, BSTR head office is located in Jl. Drs. H. Abdullah Silondae,
Kota Kendari, Sulawesi Tenggara. Pada tanggal 31 Desember Kendari, Southeast Sulawesi. As of December 31, 2025, BSTR
2025, BSTR memiliki 1 Kantor Pusat, 16 Kantor Cabang, 8 has 1 head office, 16 branches, 8 sub-branches and 58
Kantor Cabang Pembantu dan 58 Kantor Fungsional. Jumlah functional office. On December 31, 2025, BSTR had 948
karyawan BSTR pada tanggal 31 Desember 2025 adalah 948 permanent employees.
karyawan tetap.
PT Bank Pembangunan Daerah Lampung ("BLAM") PT Bank Pembangunan Daerah Lampung ("BLAM")
PT Bank Pembangunan Daerah Lampung ("BLAM") didirikan PT Bank Pembangunan Daerah Lampung ("BLAM") was
berdasarkan Surat Keputusan Gubernur Kepala Daerah Tingkat I established based on the Decree of the Governor of the First
Provinsi Lampung No.10-A/1964 tanggal 1 Agustus 1964 Level Region of Lampung Province No.10-A/1964 dated
dengan nama Bank Pembangunan Daerah Lampung. Surat August 1, 1964 under the name Lampung Regional
Keputusan Gubernur tentang pendirian tersebut telah disahkan Development Bank. The Governor's Decree regarding the
oleh Menteri Dalam Negeri Republik Indonesia dengan Surat establishment has been ratified by the Minister of Home Affairs
Keputusan No.Des57/7/3-150 tanggal 26 Juli 1965. Berdasarkan of the Republic of Indonesia with Decree No.Des57/7/3-150
Peraturan Daerah Provinsi Daerah Tingkat I Lampung No.2 July 26, 1965. Based on the Regional Regulation of the
Tahun 1999 tanggal 31 Maret 1999 Badan Hukum Bank Province of Lampung Province No.2 of 1999 dated March
Pembangunan Daerah Lampung diubah dari Perusahaan 31,1999 the Legal Entity of the Bank Pembangunan Daerah
Daerah (PD) menjadi Perseroan Terbatas (PT), perubahan Lampung was changed from a Regional Company (PD) to a
tersebut memperoleh persetujuan dari Menteri Dalam Negeri Limited Liability Company (PT) based on the Decision Letter of
Republik Indonesia berdasarkan Surat Keputusan No.584.27- Minister of Home Affairs of the Republic of Indonesia
344 tanggal 20 April 1999. No.584.27-344 dated April 20, 1999.
Perjanjian Antar Pemegang Saham oleh dan antara Pemerintah The Shareholders' Agreement by and between the Province
Provinsi Lampung dengan PT Bank Pembangunan Daerah Jawa Government of Lampung and PT Bank Pembangunan Daerah
Timur Tbk tanggal 8 November 2024 menyetujui Bank selaku Jawa Timur Tbk dated November 8, 2024, agrees that the
Perusahaan Induk memiliki kewenangan untuk melakukan Bank, as the Parent Company, has the authority to control and
pengendalian dan mengkonsolidasikan laporan keuangan BLAM consolidate BLAM's financial statements into the Bank's
ke dalam laporan keuangan Bank dan tidak ada pihak lain yang financial statements, and no other party will consolidate
melakukan konsolidasi laporan keuangan BLAM. BLAM's financial statements.
BLAM tergabung dalam KUB PT Bank Pembangunan Daerah BLAM incorporated in the KUB of PT Bank Pembangunan
Jawa Timur Tbk dan Bank selaku Perusahaan Induk serta BLAM Daerah Jawa Timur Tbk and the Bank as the Parent Company
selaku Perusahaan Anak telah ditatausahakan dalam and BLAM as the Subsidiary, have been administered under
administrasi pengawasan OJK sesuai dengan No.S- the supervision of the OJK in accordance with the OJK Letter
241/KO.14/2025 perihal Penegasan Struktur Kelompok Usaha No.S-241/KO.14/2025 regarding the Confirmation of the Bank
Bank PT Bank Pembangunan Daerah Jawa Timur Tbk tanggal Business Group Structure of PT Bank Pembangunan Daerah
24 Desember 2025. Jawa Timur Tbk dated December 24, 2025.
Kantor Pusat BLAM berlokasi di Jl. Wolter Monginsidi No.182, BLAM's head office is located in Jl. Wolter Monginsidi No.182,
Teluk Betung, Kota Bandar Lampung, Lampung. Pada tanggal Telur Betung, Kota Bandar Lampung, Lampung. As of
31 Desember 2025, BLAM memiliki 1 Kantor Pusat, 7 Kantor December 31, 2025, BLAM has 1 head office, 7 branches, 32
Cabang, 32 Kantor Cabang Pembantu. Jumlah karyawan BLAM sub-branches. On December 31, 2025, the BLAM had 846
pada tanggal 31 Desember 2025 adalah 846 karyawan tetap. permanent employees.
13
Page 664
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Entitas Asosiasi d. Associates
PT Bank Pembangunan Daerah Banten (Perseroda) Tbk PT Bank Pembangunan Daerah Banten (Perseroda) Tbk
("BEKS") ("BEKS")
PT Bank Pembangunan Daerah Banten Tbk (“BEKS”), didirikan PT Bank Pembangunan Daerah Banten Tbk (“BEKS”) was
pada tanggal 11 September 1992. Akta pendirian telah disahkan established on September 11, 1992. The Deed of
oleh Menteri Kehakiman Republik Indonesia tanggal 10 Establishment was approved by the Minister of Justice of the
November 1992 dan diumumkan dalam Berita Negara Republik Republic of Indonesia on November 10, 1992 and published in
Indonesia No.103, Tambahan No.6651 tanggal 26 Desember Supplement No.6651 of the State Gazette of Republic
1992. Bank memulai aktivitas operasi di bidang perbankan pada Indonesia No.103 dated December 26, 1992. The Bank started
tanggal 9 Agustus 1993. Sesuai dengan perubahan Anggaran its commercial banking operations on August 9, 1993. Based
Dasar pada Akta No.104 tanggal 30 Juni 2010 dari Fathiah on the Bank’s Articles of Association’s amendment by Deed
Helmi, S.H., Notaris di Jakarta, PT Bank Eksekutif Internasional No.104 dated June 30, 2010 of Fathiah Helmi, S.H., Notary in
Tbk telah berubah nama menjadi PT Bank Pundi Indonesia Tbk. Jakarta, PT Bank Eksekutif International Tbk has changed its
Perubahan Anggaran Dasar ini telah disetujui oleh Menteri name to PT Bank Pundi Indonesia Tbk These amendment
Hukum dan Hak Asasi Manusia Republik Indonesia dengan were approved by Minister of Law and Human Rights of the
Surat No.AHU-37404.AH.01.02 Tahun 2010 tanggal 28 Juli Republic of Indonesia in his Decision Letter No.AHU-
2010. Perubahan nama tersebut telah disetujui oleh Bank 37404.AH.01.02 Year 2010 dated July 28, 2010. The change
Indonesia melalui Surat Keputusan Gubernur Bank Indonesia in the Bank’s name had been approved by Bank Indonesia
No.12/58/KEP.GBI/2010 tanggal 23 September 2010. through Decision Letter of the Governor of Bank Indonesia
No.12/58/KEP.GBI/2010 dated September 23, 2010.
Sesuai dengan perubahan Anggaran Dasar pada Akta No.36 Based on the Bank’s Articles of Association’s amendment by
tanggal 14 Juni 2016 dari Fathiah Helmi, S.H., Notaris di Jakarta, Deed No.36 dated June 14, 2016 of Fathiah Helmi, S.H.,
PT Bank Pundi Indonesia Tbk telah berubah nama menjadi PT Notary in Jakarta, PT Bank Pundi Indonesia Tbk has changed
Bank Pembangunan Daerah Banten Tbk. Perubahan Anggaran its name to PT Bank Pembangunan Daerah Banten Tbk.
Dasar ini telah disetujui oleh Menteri Hukum dan Hak Asasi These amendment were approved by Minister of Law and
Manusia Republik Indonesia dengan Surat No.AHU- Human Rights of the Republic of Indonesia in his Decision
0012108.AH.01.02 Tahun 2016 tanggal 27 Juni 2016. Letter No.AHU-0012108.AH.01.02 Year 2016 dated June 27,
Perubahan nama tersebut telah disetujui oleh Otoritas Jasa 2016. The change in the Bank’s name had been approved by
Keuangan melalui Surat Keputusan Dewan Komisioner Otoritas Financial Services Authority (OJK) through Decision Letter of
Jasa Keuangan No.12/KDK.03/2016 tanggal 29 Juli 2016. BEKS the Commissioner of Indonesia Financial Services Authority
memperoleh izin usaha sebagai bank umum berdasarkan surat No.12/KDK.03/2016 dated July 29, 2016. BEKS obtained a
keputusan Menteri Keuangan No.673/KMK.017/1993 tanggal 23 license as a commercial bank based on the decision letter
Juni 1993. No.673/KMK.017/1993 of the Minister of Finance dated June
23, 1993.
Pada tanggal 4 Maret 2024, Bank telah menandatangani nota On Maret 4, 2024, the Bank signed a memorandum of
kesepahaman dengan PT Bank Pembangunan Daerah Banten understanding with PT Bank Pembangunan Daerah Banten
Tbk dalam rangka pemenuhan peraturan Otoritas Jasa Tbk in order to fulfill the Financial Services Authority regulation
Keuangan No.12/POJK.03/2020. No.12/POJK.03/2020.
Perjanjian Antar Pemegang Saham antara Pemerintah Provinsi The Shareholders’ Agreement between the Banten Province
Banten dan PT Bank Pembangunan Daerah Jawa Timur Tbk Government and PT Bank Pembangunan Daerah Jawa Timur
No.241/2004 dan 063/141/DIR/NES/SHA tanggal 12 Desember Tbk No.241/2004 and 063/141/DIR/NES/SHA dated December
2024 menetapkan bahwa Bank bertindak sebagai Perusahaan 12, 2024, stipulates that the Bank acts as the Parent
Induk. Perjanjian tersebut kemudian mengalami perubahan Company. The agreement was subsequently amended by the
melalui Addendum Perjanjian Antar Pemegang Saham Addendum to the Shareholders’ Agreement No.175/2025 and
No.175/2025 dan 064/099/DIR/MAP/SHA tanggal 6 Oktober 064/099/DIR/MAP/SHA dated October 6, 2025, which, among
2025, yang antara lain mencakup perubahan Pasal 8 mengenai other things, includes amendments to Article 8 regarding the
kewenangan perusahaan induk, Pasal 9 mengenai komitmen parent company’s authority, Article 9 regarding corporate
perusahaan, serta Pasal 17 mengenai pengakhiran, serta commitments, and Article 17 regarding termination, as well as
penghapusan Pasal 10 terkait tambahan penyertaan modal. the deletion of Article 10 regarding additional capital
Namun demikian, Bank tidak memenuhi seluruh kriteria contributions. However, the Bank has not met all the control
pengendalian sebagaimana diatur dalam PSAK 110. Oleh criteria as stipulated in PSAK 110. Therefore, the Bank’s
karena itu, penyertaan Bank pada BEKS diklasifikasikan sebagai investment in BEKS is classified as an investment in an
investasi pada entitas asosiasi dengan pengaruh signifikan dan associate with significant influence and is accounted for using
dicatat menggunakan metode ekuitas. the equity method.
Berdasarkan Surat OJK No.SR-73/KO.14/2025 tanggal 21 Pursuant to OJK Letter No. SR-73/KO.14/2025 dated October
Oktober 2025 tentang Permohonan Penundaan Konsolidasi 21, 2025, regarding the Request for a Postponement of the
Laporan Keuangan Kelompok Usaha Bank (KUB) dengan BEKS Consolidation of Financial Statements for Bank Business
disampaikan bahwa secara prinsip penundaan penerapan Groups (KUB) with BEKS, it is stated that, in principle, the
konsolidasi laporan keuangan kelompok usaha bank dapat postponement of the implementation of the consolidation of
dilakukan. financial statements for bank business groups may be granted.
14
Page 665
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Entitas Asosiasi (lanjutan) d. Associates (continued)
PT Bank Pembangunan Daerah Banten (Perseroda) Tbk PT Bank Pembangunan Daerah Banten (Perseroda) Tbk
("BEKS") (lanjutan) ("BEKS") (continued)
Berdasarkan Surat Keputusan dari Anggota Dewan Komisioner Based on the Decision of the Members of the OJK Board of
OJK No.SR-496/PB.02/2025 tanggal 28 November 2025 tentang Commissioners No. SR-496/PB. 02/2025 dated November 28,
hasil penilaian kemampuan dan kepatutan Bank sebagai calon 2025, regarding the results of the assessment of the Bank’s
pemegang saham pengendali dan Pemerintah Provinsi Jawa competence and suitability as a prospective controlling
Timur sebagai calon ultimate shareholder BEKS, bahwa OJK shareholder and the Government of East Java Province as a
menyetujui Bank sebagai pemegang saham pengendali dan prospective ultimate shareholder of BEKS, the OJK approves
Pemerintah Provinsi Jawa Timur sebagai ultimate shareholder the Bank as the controlling shareholder and the Government of
BEKS. East Java Province as the ultimate shareholder of BEKS.
BEKS tergabung dalam KUB PT Bank Pembangunan Daerah BEKS incorporated in the KUB of PT Bank Pembangunan
Jawa Timur Tbk dan Bank selaku Perusahaan Induk serta BEKS Daerah Jawa Timur Tbk and the Bank as the Parent Company
selaku Perusahaan Anak telah ditatausahakan dalam and BEKS as the Subsidiary, have been administered under
administrasi pengawasan OJK sesuai dengan No.S- the supervision of the Financial Services Authority ("OJK") in
229/KO.14/2025 perihal Penegasan Struktur Kelompok Usaha accordance with the OJK Letter No.S-229/KO.14/2025
Bank PT Bank Pembangunan Daerah Jawa Timur Tbk tanggal regarding the Confirmation of the Bank Business Group
15 Desember 2025. Structure of PT Bank Pembangunan Daerah Jawa Timur Tbk
dated December 15, 2025.
Kantor Pusat BEKS berlokasi di Kantor Pusat Bank berlokasi di BEKS head office is located in Jl. Veteran No.6, Serang,
Jl. Veteran No.6, Serang, Banten. Pada tanggal 31 Desember Banten. As of December 31, 2025, BEKS has 1 head office, 20
2025, BEKS memiliki 1 Kantor Pusat, 20 Kantor Cabang, 17 branches, 17 sub-branches. On December 31, 2025 BEKS
Kantor Cabang Pembantu. Jumlah karyawan BEKS pada tanggal had 904 permanent employees.
31 Desember 2025 adalah 904 karyawan.
e. Obligasi Berkelanjutan I Bank Jatim Tahap I Tahun 2025 e. Bank Jatim Phase I Sustainable Bond I 2025
Bank menerbitkan obligasi senilai Rp2.000.000 dengan The Bank issued bonds worth Rp2,000,000 with an effective
pernyataan efektif dari Otoritas Jasa Keuangan pada tanggal 23 statement from the Financial Services Authority on September
September 2025. Dana dari penerbitan obligasi tersebut diterima 23, 2025. The Bank received the funds from the bond issuance
Bank pada tanggal 29 September 2025. Rincian obligasi yang on September 29, 2025. Details of the bonds issued are as
diterbitkan tersebut adalah sebagai berikut: follows:
- Obligasi Berkelanjutan I Bank Jatim Tahap I Tahun 2025 - Bank Jatim Phase I Sustainable Bonds I 2025 Series A
Seri A sebesar Rp1.000.000, dengan tingkat bunga amounting to Rp1,000,000, with an interest rate of
6,40%, jangka waktu 3 tahun terhitung sejak tanggal 6.40% and a term of 3 years from the date of issuance.
emisi.
- Obligasi Berkelanjutan I Bank Jatim Tahap I Tahun 2025 - Bank Jatim Phase I Sustainable Bonds I 2025 Series B
Seri B sebesar Rp1.000.000, dengan tingkat bunga amounting to Rp1,000,000, with an interest rate of
6,70%, jangka waktu 5 tahun terhitung sejak tanggal 6.70% and a term of 5 years from the date of issuance.
emisi.
Bunga dibayar setiap tiga bulan terhitung sejak tanggal emisi Interest is paid every three months starting from the issue
dan terakhir dilakukan bersamaan dengan pelunasan pokok date, with the final payment made concurrently with the
masing-masing seri obligasi. Wali amanat untuk Obligasi principal repayment for each bond series. The trustee for Bank
Berkelanjutan I Bank Jatim Tahap I Tahun 2025 adalah PT Bank Jatim Phase I Sustainable Bonds I 2025, is PT Bank Negara
Negara Indonesia (Persero) Tbk. Indonesia (Persero) Tbk.
Obligasi Berkelanjutan I Bank Jatim Tahap I Tahun 2025 efektif Bank Jatim Phase I Sustainable Bonds I 2025 are effective on
tanggal 23 September 2025 berdasarkan surat Otoritas Jasa September 23, 2025, based on the Financial Services
Keuangan No.S-106/D.04/2025 tanggal 23 September 2025 dan Authority letter No.S-106/D.04/2025 dated September 23,
telah dicatat di BEI berdasarkan surat dari PT Bursa Efek 2025, and have been listed on the IDX based on a letter from
Indonesia No.S-1129/BEI.PP3/07-2025 tanggal 26 September PT Bursa Efek Indonesia No.S-1129/BEI.PP3/07-2025 dated
2025. September 26, 2025.
Obligasi Berkelanjutan I Bank Jatim Tahap I Tahun 2025 tidak Bank Jatim Phase I Sustainable Bonds I 2025, is not secured
dijamin dengan suatu agunan khusus, akan tetapi dijamin by any specific collateral; but guaranteed with all assets of the
dengan seluruh harta kekayaan Bank, yang telah ada maupun Bank, that exist in the present or in the future, whether fixed or
yang akan ada di kemudian hari, baik barang bergerak maupun non-fixed assets in accordance with the provisions of articles
barang tidak bergerak sesuai dengan ketentuan dalam pasal 1131 and 1132 of the Civil Laws.
1131 dan 1132 Kitab Undang-undang Hukum Perdata.
15
Page 666
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Manajemen eksekutif f. Excecutive management
Susunan Dewan Komisaris dan Direksi Bank sesuai dengan The composition of the Bank’s Board of Commissioners and
Akta Rapat Umum Pemegang Saham No.94 tanggal 24 Juni Directors in accordance with the General Meeting of
2025 dan Akta Rapat Umum Pemegang Saham No.10 tanggal 7 Shareholders No.94 dated June 24, 2025 and General
Februari 2024 dari notaris Sitaresmi Puspadewi Subianto, S.H. Meeting of Shareholders No.10 dated February 7, 2024 of
adalah sebagai berikut: notary Sitaresmi Puspadewi Subianto, S.H. are as follows:
Dewan Komisaris 2025 2024 Board of Commissioners
Komisaris Utama Independen Adi Sulistyowati - Independent President Commissioner
Komisaris Adhy Karyono Adhy Karyono Commissioner
Komisaris Independen Muhammad Mas'ud Muhammad Mas'ud Independent Commissioner
Komisaris Independen Asri Agung Putra Sumaryono Independent Commissioner
Komisaris Independen Dadang Setiabudi Dadang Setiabudi Independent Commissioner
Direksi 2025 2024 Board of Directors
Direktur Utama Winardi Legowo Busrul Iman President Director
Wakil Direktur Utama R. Arief Wicaksono - Vice President Director
Direktur Bisnis Menengah, Korporasi, Medium, Corporate Business,
dan Jaringan Arif Suhirman - and Network Director
Direktur Mikro, Ritel, dan Usaha Syariah Tonny Prasetyo - Micro, Retail and Shariah Business Director
Direktur IT, Digital, dan Operasional Wiweko Probojakti - IT, Digital and Operation Director
Direktur Keuangan, Treasury, Finance, Treasury,
dan Global Services R.M. Wahyukusumo Edi Masrianto and Global Services Director
Direktur Kepatuhan Umi Rodiyah Umi Rodiyah Compliance Director
Direktur Operasi - Arif Suhirman Operation Director
Direktur Mikro, Ritel dan Menengah - R. Arief Wicaksono Micro, Retail, and Medium Director
Direktur Teknologi Informasi dan Digital - Zulhelfi Abidin Information Technology and Digital Director
Direktur Manajemen Risiko - Eko Susetyono Risk Management Director
Susunan Komite Audit adalah sebagai berikut: The composition of the Audit Committee are as follows:
2025 2024
Ketua Asri Agung Putra Sumaryono Chairman
Anggota Adi Sulistyowati Muhammad Mas'ud Member
Anggota Muhammad Mas'ud Dadang Setiabudi Member
Anggota Dadang Setiabudi Kusnadi Member
Anggota Kusnadi Moch. Arifin Member
Anggota Moch. Arifin - Member
Susunan Komite Pemantau Risiko adalah sebagai berikut: The composition of the Risk Monitoring Committee are as follows:
2025 2024
Ketua Dadang Setiabudi Dadang Setiabudi Chairman
Anggota Adi Sulistyowati Muhammad Mas'ud Member
Anggota Muhammad Mas'ud Sumaryono Member
Anggota Asri Agung Putra Sulam Andjar Rochim Member
Anggota Yugo Heryawan - Member
Anggota Achmad Jani - Member
Susunan Komite Remunerasi dan Nominasi adalah sebagai The composition of the Remuneration and Nomination
berikut: Committee are as follows:
2025 2024
Ketua Muhammad Mas'ud Muhammad Mas'ud Chairman
Anggota Adi Sulistyowati Adhy Karyono Member
Anggota Adhy Karyono Sumaryono Member
Anggota Dadang Setiabudi Dadang Setiabudi Member
Anggota Asri Agung Putra Yusuf Adnan Member
Anggota Yusuf Adnan Slamet Purwanto Member
Anggota Aam Waro' Panotogomo - Member
Anggota Slamet Purwanto - Member
16
Page 667
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Manajemen eksekutif (lanjutan) d. Excecutive management (continued)
Susunan Komite Audit, Komite Pemantau Risiko dan Komite The composition of the Audit Committee, the Risk Monitoring
Remunerasi dan Nominasi pada tanggal 31 Desember 2025 Committee and the Remuneration and Nomination Committee
sesuai dengan Surat Keputusan No.064/046/DIR/HCP/KEP as of December 31, 2025 accordance to Decision Letter
tanggal 12 Agustus 2025. No.064/046/DIR/HCP/KEP dated August 12, 2025.
Susunan Komite Audit, Komite Pemantau Risiko dan Komite The composition of the Audit Committee, the Risk Monitoring
Remunerasi dan Nominasi pada tanggal 31 Desember 2024 Committee and the Remuneration and Nomination Committee
sesuai dengan Surat Keputusan No.063/063/DIR/HCP/KEP as of December 31, 2024 accordance to Decision Letter
tanggal 28 November 2024. No.063/063/DIR/HCP/KEP dated November 28, 2024.
Susunan Internal Audit pada tanggal 31 Desember 2025 dan The composition of the Internal Audit as of December 31, 2025
2024 adalah sebagai berikut: and 2024 are as follows:
2025 2024
Vice President (VP) Herijadi Widodo Wardhana Suryaatmaja Vice President (VP)
Assistant Vice President (AVP) Rama Putra M. Agung Setya Nugroho Assistant Vice President (AVP)
Assistant Vice President (AVP) Arief Rachman - Assistant Vice President (AVP)
Assistant Vice President (AVP) Agung Setya Nugroho - Assistant Vice President (AVP)
Sekretaris Perusahaan pada tanggal 31 Desember 2025 dan The Corporate Secretary as of December 31, 2025 and 2024
2024 adalah sebagai berikut: are as follows:
2025 2024
Vice President (VP) Fenty Rischana Wioga Adhiarma Aji Vice President (VP)
Assistant Vice President (AVP) Miroj Subhanto Bambang Supriadi Assistant Vice President (AVP)
Assistant Vice President (AVP) Derry Widya Derry Widya Ariyanta Assistant Vice President (AVP)
Assistant Vice President (AVP) Lestari Nur Imani Lestari Nur Imani Assistant Vice President (AVP)
Susunan Dewan Pengawas Syariah Bank pada tanggal 31 The composition of the Sharia Supervisory Board as of
Desember 2025 dan 2024 adalah sebagai berikut: December 31, 2025 and 2024 are as follows:
2025 2025
Ketua Affifudin Muhajir Affifudin Muhajir Chairman
Anggota Muhammad Nasih Sukadiono Member
Anggota Tamhid Masyuhudi - Member
Pada tanggal 31 Desember 2025 dan 2024, Bank memiliki As of December 31, 2025 and 2024, the Bank has 4,338 and
karyawan tetap masing-masing sebanyak 4.338 dan 4.350 4,350 permanent employees, respectively.
orang.
g. Jaringan kantor g. Office network
Pada tanggal 31 Desember 2025, Bank memiliki 42 kantor As of December 31, 2025, the Bank has 42 branches including
cabang konvensional termasuk 1 Unit Usaha Syariah (UUS) 1 Sharia Operating Unit (UUS) which has 7 Sharia branches
yang mempunyai 7 cabang Syariah serta 165 kantor cabang and 165 conventional sub-branches, 10 Sharia sub-branches,
pembantu konvensional, 10 kantor cabang pembantu Syariah, 216 conventional functional offices, 4 Sharia functional office,
216 kantor fungsional konvensional, 4 kantor fungsional Syariah, 207 Sharia service offices, 834 ATMs (Automated Teller
207 kantor layanan Syariah, 834 ATM (Automated Teller Machines), 27 ATMs Sharia (Sharia Automated Teller
Machine ), 27 ATM Syariah (Sharia Automated Teller Machine ), Machines), 97 CRM (Cash Recycling Machines) conventional,
97 CRM (Cash Recycling Machine ) konvensional, 11 CRM 11 CRM (Cash Recycling Machines) Sharia located in
(Cash Recycling Machine ) Syariah di Indonesia. Indonesia.
Pada tanggal 31 Desember 2024, Bank memiliki 41 kantor As of December 31, 2024, the Bank has 41 branches including
cabang konvensional termasuk 1 Unit Usaha Syariah (UUS) 1 Sharia Operating Unit (UUS) which has 7 Sharia branches
yang mempunyai 7 cabang Syariah serta 165 kantor cabang and 165 conventional sub-branches, 10 Sharia sub-branches,
pembantu konvensional, 10 kantor cabang pembantu Syariah, 210 conventional functional offices, 4 Sharia functional office,
210 kantor fungsional konvensional, 4 kantor fungsional Syariah, 198 Sharia service offices, 822 ATMs (Automated Teller
198 kantor layanan Syariah, 822 ATM (Automated Teller Machines), 26 ATMs Sharia (Sharia Automated Teller
Machine ), 26 ATM Syariah (Sharia Automated Teller Machine ), Machines), 96 CRM (Cash Recycling Machines) conventional,
96 CRM (Cash Recycling Machine ) konvensional, 10 CRM 10 CRM (Cash Recycling Machines) Sharia located in
(Cash Recycling Machine ) Syariah di Indonesia. Indonesia.
Bank mengklasifikasikan kantor cabang menjadi kantor cabang The Bank classifies its branch offices into main branches,
utama, kantor cabang khusus, kantor cabang kelas I, kantor special branches, first-class branches, second-class branches
cabang kelas II dan kantor cabang kelas III. Masing-masing and third-class branches. Each branch has sub-branches
cabang mempunyai kantor cabang pembantu dan/atau kantor and/or cash offices and/or payment points.
kas dan/atau payment point.
17
Page 668
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
Kebijakan akuntansi utama yang ditetapkan dalam penyusunan The principal accounting policies adopted in preparing the
laporan keuangan konsolidasian Bank dan Entitas Anak ("Grup") consolidated financial statements of the Bank and Subsidiaries (the
adalah sebagaimana diuraikan di bawah ini: "Group") are set out below:
a. Basis penyusunan laporan keuangan konsolidasian a. Basis of preparation of the consolidated financial
statements
Pernyataan kepatuhan Statement of compliance
Laporan keuangan konsolidasian pada tanggal 31 Desember The consolidated financial statements as of December 31,
2025 dan 2024 disusun dan disajikan sesuai dengan Standar 2025 and 2024 have been prepared and presented in
Akuntansi Keuangan (SAK) di Indonesia, yang meliputi accordance with Financial Accounting Standards (SAK) and
Pernyataan Standar Akuntansi Keuangan (PSAK) dan Statements of Financial Accounting Standards (PSAK) and
Interpretasi Standar Akuntansi Keuangan (ISAK) yang diterbitkan Interpretation of Financial Accounting Standards (ISAK) issued
oleh Dewan Standar Akuntansi Keuangan-Ikatan Akuntan by the Financial Accounting Standard Board of the Institute of
Indonesia (DSAK-IAI) dan Peraturan Badan Pengawas Pasar Indonesia Charterad Accountans and the Regulation of Capital
Modal dan Lembaga Keuangan (Bapepam-LK) No.VIII.G.7 yang Market and Financial Institution Supervisor Board (Bapepam-
terlampir dalam Keputusan Ketua Bapepam-LK No.KEP- LK) No.VIII.G.7 in the Decree of Chairman of Bapepam-LK
347/BL/2012 tanggal 25 Juni 2012 tentang “Penyajian dan No.KEP-347/BL/2012 dated June 25, 2012 regarding
Pengungkapan Laporan Keuangan Emiten atau Perusahaan “Presentation and Disclosure of Financial Statements of the
Publik”. Peraturan tersebut sekarang merupakan regulasi dari Issuer or Public Company”. The regulation is now a regulation
OJK. under OJK.
Laporan keuangan konsolidasian disusun sesuai dengan PSAK The consolidated financial statements are prepared in
201, "Penyajian Laporan Keuangan". accordance with PSAK 201, "Presentation of Financial
Statements".
Informasi keuangan UUS dan Entitas Anak disajikan sesuai The financial information of UUS and Subsidiary have been
dengan PSAK 401, “Penyajian Laporan Keuangan Syariah”, prepared in conformity with PSAK 401, “Sharia Financial
PSAK 402, “Akuntansi Murabahah”, PSAK 403, “Akuntansi Statements Presentation”, PSAK 402, “Accounting for
Salam”, PSAK 404, “Akuntansi Istishna”, PSAK 405, “Akuntansi Murabahah”, PSAK 403, “Accounting for Salam”, PSAK 404,
Mudharabah”, PSAK 406, “Akuntansi Musyarakah”, dan PSAK “Accounting for Istishna”, PSAK 405, “Accounting for
407, “Akuntansi Ijarah”, PSAK 410 “Akuntansi Sukuk”, PSAK 411 Mudharabah”, PSAK 406, “Accounting for Musyarakah” and
“Akuntansi Wa’d” dan PSAK lain selama tidak bertentangan PSAK 407, “Accounting for Ijarah”, PSAK 410 “Accounting for
dengan prinsip syariah dan Pedoman Akuntansi Perbankan Sukuk”, PSAK 411 “Accounting for Wa’d” and other PSAK, as
Syariah Indonesia (PAPSI) (revisi 2013). long as not contradict with sharia principles and Accounting
Guidelines for Indonesian Sharia Banks (PAPSI) (revised
2013).
Laporan keuangan konsolidasian telah disajikan berdasarkan The consolidated financial statements have been prepared on
nilai historis, kecuali disebutkan lain dan disusun dengan dasar a historical cost basis, unless otherwise stated, and under the
akrual (kecuali bagi hasil dari pembiayaan mudharabah dan accrual basis of accounting (except for profit sharing for
musyarakah ). mudharabah and musyarakah financing).
Laporan arus kas konsolidasian disusun dengan menggunakan The statements of consolidated cash flows have been
metode langsung dan dikelompokkan atas dasar aktivitas prepared based on the direct method and have been classified
operasi, investasi dan pendanaan. Untuk tujuan laporan arus on the basis of operating, investing and financing activities. For
kas, yang termasuk kas dan setara kas terdiri dari kas, giro pada the purpose of the statements of cash flows, cash and cash
Bank Indonesia dan bank lain, penempatan pada Bank equivalents consist of cash, current accounts with Bank
Indonesia dan bank lain dan Fasilitas Simpanan Bank Indonesia, Indonesia and other banks, placements with Bank Indonesia
yang jatuh tempo dalam waktu 3 (tiga) bulan sejak tanggal and other banks and Bank Indonesia Deposits Facility
perolehan, sepanjang tidak digunakan sebagai jaminan atas maturing within 3 (three) months from the acquisition date, and
pinjaman yang diterima serta tidak dibatasi penggunaannya. not used as collateral for borrowing and not for restricted in
use.
Mata uang fungsional dan penyajian Functional and presentation currency
Laporan keuangan konsolidasian disajikan dalam mata uang The consolidated financial statements are presented in
Rupiah, yang merupakan mata uang fungsional Grup. Angka- Rupiah, which is the functional currency of the Group. Unless
angka yang disajikan dalam laporan keuangan, kecuali bila otherwise stated, all figures presented in the financial
dinyatakan secara khusus, adalah dibulatkan dalam jutaan statements are rounded off to millions of Rupiah.
Rupiah.
18
Page 669
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
b. Prinsip Konsolidasian b. Principles of consolidation
Laporan keuangan konsolidasian meliputi laporan keuangan The consolidated financial statements include the financial
Bank beserta seluruh Entitas Anak yang berada di bawah statements of Bank and all its Subsidiaries that are controlled
pengendalian Bank. Entitas anak adalah seluruh entitas by Bank. Subsidiaries are all entities (including structured
(termasuk entitas terstruktur) dimana Bank memiliki entities) over which the Bank has control.
pengendalian.
Dalam hal pengendalian terhadap Entitas Anak dimulai atau Where Subsidiaries either began or ceased to be controlled
diakhiri dalam suatu tahun berjalan, maka hasil usaha Entitas during the year, the results of operations of those Subsidiaries
Anak yang diperhitungkan ke dalam laporan keuangan are included in the consolidated financial statements only from
konsolidasian hanya sebatas hasil pada saat pengendalian the date that the control has commenced or up to the date that
tersebut mulai diperoleh atau hingga saat pengendalian itu the control has ceased.
berakhir.
Pengendalian didapat ketika Bank terekspos atau memiliki hak Control is acquired when Bank is exposed or has rights to
atas imbal hasil variabel dari keterlibatannya dengan Entitas variable returns from its involvement with Subsidiaries and has
Anak dan memiliki kemampuan untuk mempengaruhi imbal hasil the ability to affect those returns through its power over
tersebut melalui kekuasaannya atas Entitas Anak. Subsidiaries.
Bank mengendalikan Entitas Anak, jika dan hanya jika, Bank Bank controls a Subsidiaries if, and only if, Bank has the
memiliki hal berikut ini: following:
a. kekuasaan atas Entitas Anak (hak yang ada saat ini yang a. power over a Subsidiaries (existing rights that provide
memberi kemampuan kini untuk mengarahkan aktivitas the current ability to direct the relevant activities that
relevan yang secara signifikan mempengaruhi imbal hasil significantly affect returns of a Subsidiaries);
Entitas Anak);
b. eksposur atau hak atas imbal hasil variabel dari b. exposure, or rights to variable returns from its
keterlibatannya dengan Entitas Anak; dan involvement with the Subsidiaries; and
c. kemampuan untuk menggunakan kekuasaannya atas c. the ability to use its power over the Subsidiaries to affect
Entitas Anak untuk mempengaruhi jumlah imbal hasil the amount of the Subsidiaries returns.
Entitas Anak.
Bila Bank tidak memiliki hak suara atau hak serupa secara When the Bank has less than a majority of the voting or similar
mayoritas atas suatu Entitas Anak, Bank mempertimbangkan rights of a Subsidiaries, the Bank considers all relevant facts
semua fakta dan keadaan yang relevan dalam mengevaluasi and circumstances in assessing whether it has power over a
apakah mereka memiliki kekuasaan atas Entitas Anak, Subsidiaries, including:
termasuk:
i. Pengaturan kontraktual dengan pemilik hak suara lainnya i. The contractual arrangement with the other vote holders
dari Entitas Anak, of the Subsidiaries,
ii. Hak yang timbul atas pengaturan kontraktual lain, dan ii. Rights arising from other contractual arrangements, and
iii. Hak suara dan hak suara potensial yang dimiliki Bank. iii. The Bank’s voting rights and potential voting rights.
Bank menilai kembali apakah mereka mengendalikan Entitas The Bank re-assesses whether or not it controls a Subsidiaries
Anak bila fakta dan keadaan mengindikasikan adanya if facts and circumstances indicate that there are changes to
perubahan terhadap satu atau lebih dari ketiga elemen dari one or more of the three elements of control. Consolidation of
pengendalian. Konsolidasi atas Entitas Anak dimulai sejak Bank a Subsidiaries begins when the Bank obtains control over the
memperoleh pengendalian atas Entitas Anak dan tidak lagi Subsidiaries and ceases when the Bank loses control of the
mengkonsolidasikan ketika Bank kehilangan pengendalian atas Subsidiaries. Assets, liabilities, income and expenses of a
Entitas Anak. Aset, liabilitas, penghasilan dan beban dari Entitas Subsidiaries acquired during the year are included in the
Anak yang diakuisisi pada tahun tertentu disertakan dalam consolidated financial statements from the date the Bank
laporan keuangan konsolidasian sejak tanggal Bank obtains the control up to the date of the Bank ceases the
memperoleh kendali sampai tanggal Bank tidak lagi control the Subsidiaries.
mengendalikan Entitas Anak tersebut.
Kombinasi bisnis dicatat dengan menggunakan metode akuisisi. The acquisition method is used to account for business
Imbalan yang diserahkan untuk akuisisi suatu entitas anak combinations. The consideration transferred for the acquisition
adalah sebesar nilai wajar aset yang diserahkan, saham yang of a subsidiaries is the fair value of the assets given, shares
diterbitkan atau liabilitas yang diakui pada tanggal akuisisi. issued or liabilities incurred at the date of acquisition. The
Kelebihan jumlah imbalan yang dialihkan dan nilai wajar jumlah excess of the aggregate of the consideration transferred and
kepentingan non-pengendali atas jumlah aset teridentifikasi the fair value of non-controlling interest over the net identifiable
bersih yang diperoleh dan kewajiban yang timbul dicatat sebagai assets acquired and liabilities is recorded as goodwill. If this
goodwill. Jika jumlah imbalan yang diserahkan lebih rendah dari consideration is lower than the fair value of the net assets of
nilai wajar aset bersih entitas anak yang diakuisisi, selisihnya the subsidiaries acquired, the difference is recognized directly
diakui langsung dalam laporan laba rugi konsolidasian. in the consolidated profit or loss.
19
Page 670
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
b. Prinsip Konsolidasian (lanjutan) b. Principles of consolidation (continued)
Jika akuntansi awal untuk kombinasi bisnis belum selesai pada If the initial accounting of a business combination is incomplete
akhir periode pelaporan saat kombinasi terjadi, Bank melaporkan by the end of the reporting period in which the combination
jumlah sementara untuk pos-pos yang proses akuntansinya occurs, the Bank reports provisional amounts for the items for
belum selesai dalam laporan keuangannya. Selama periode which the accounting is incomplete. Those provisional
pengukuran, pihak pengakuisisi menyesuaikan, aset atau amounts are adjusted during the measurement period, or
liabilitas tambahan yang diakui, untuk mencerminkan informasi additional assets or liabilities are recognised, to reflect new
baru yang diperoleh tentang fakta dan keadaan yang ada pada information obtained about facts and circumstances that
tanggal akuisisi dan, jika diketahui, akan berdampak pada jumlah existed as of the acquisition date that, if known, would have
yang diakui pada tanggal tersebut. affected the amount recognised as of that date.
Untuk setiap akuisisi, Bank mengakui kepentingan non- The Bank recognizes any non-controlling interests in the
pengendali pada pihak yang diakuisisi baik sebesar nilai wajar acquiree on an acquisition by acquisition basis, either at fair
atau sebesar bagian proporsional kepentingan non-pengendali value or at the non-controlling interest’s proportionate share of
atas aset bersih pihak yang diakuisisi. Kepentingan non- the acquiree’s net assets. Non-controlling interests are
pengendali disajikan di ekuitas dalam laporan posisi keuangan reported as equity in the consolidated statement of financial
konsolidasian, terpisah dari ekuitas pemilik entitas induk. position, separate from the owner of the parent's equity.
Biaya terkait akuisisi dibebankan pada saat terjadinya. Acquisition-related costs are expensed as incurred.
Seluruh saldo dan transaksi termasuk keuntungan/kerugian yang All significant balances and transactions, including unrealized
belum direalisasi antara Bank dan Entitas Anak yang signifikan gains/losses among the Bank and Subsidiaries are eliminated
dieliminasi untuk mencerminkan posisi keuangan dan hasil to reflect the consolidated financial position and results of
usaha konsolidasian Bank dan Entitas Anak sebagai satu operations of Bank and its Subsidiaries as a single entity.
kesatuan usaha.
Laporan keuangan konsolidasian disusun dengan menggunakan The consolidated financial statements are prepared using
kebijakan akuntansi yang sama untuk peristiwa dan transaksi uniform accounting policies for transactions and events in
sejenis dalam kondisi yang sama. Apabila laporan keuangan similar circumstances. If the Subsidiaries financial statements
Entitas Anak menggunakan kebijakan akuntansi yang berbeda use accounting policies different from those adopted in the
dari kebijakan akuntansi yang digunakan dalam laporan consolidated financial statements, appropriate adjustments are
keuangan konsolidasian, maka dilakukan penyesuaian yang made to the Subsidiaries financial statements.
diperlukan terhadap laporan keuangan Entitas Anak tersebut.
Kepentingan non-pengendali disajikan di ekuitas dalam laporan The non-controlling interest is presented in the equity of the
posisi keuangan konsolidasian dan dinyatakan sebesar proporsi consolidated statement of financial position and represents the
pemegang saham non-pengendali atas laba tahun berjalan dan noncontrolling stockholders’ proportionate share in the income
ekuitas Entitas Anak tersebut sesuai dengan persentase for the year and equity of the Subsidiaries based on the
kepemilikan pemegang saham non-pengendali pada Entitas percentage of ownership of the non-controlling stockholders in
Anak tersebut. the Subsidiaries.
Transaksi dalam mata uang asing dijabarkan ke mata uang Transactions denominated in foreign currencies are converted
rupiah dengan menggunakan kurs yang berlaku pada tanggal into rupiah at the exchange rates prevailing at the dates of the
transaksi. Pada tanggal laporan posisi keuangan, aset dan transactions. At the consolidated statement of financial
liabilitas moneter dalam mata uang asing dijabarkan dengan position, monetary assets and liabilities denominated in foreign
menggunakan kurs yang berlaku pada tanggal laporan posisi currencies are translated at the exchange rates prevailing at
keuangan konsolidasian. such date.
Keuntungan dan kerugian selisih kurs yang timbul dari transaksi Exchange gains and losses arising from transactions
dalam mata uang asing dan dari penjabaran aset dan liabilitas denominated in foreign currencies and from the translation of
moneter dalam mata uang asing diakui dalam laporan laba rugi monetary assets and liabilities denominated in foreign
dan penghasilan komprehensif lain konsolidasian tahun berjalan. currencies are recognized in the consolidated statement of
profit and loss and other comprehensive income for the current
year.
Laba atau rugi kurs valuta asing atas aset dan liabilitas moneter The foreign currency gains or losses on monetary assets and
merupakan selisih antara biaya perolehan diamortisasi dalam liabilities are the difference between amortized cost in Rupiah
Rupiah pada awal tahun, disesuaikan dengan tingkat suku at the beginning of the year, adjusted for effective interest rate
bunga efektif dan pembayaran selama tahun berjalan, dan biaya and payments during the year, and the amortized cost in
perolehan diamortisasi dalam valuta asing yang dijabarkan ke foreign currency translated into Rupiah using the exchange
dalam Rupiah dengan menggunakan kurs pada akhir tahun. rate at the end of the year.
Aset dan liabilitas non-moneter dalam mata uang asing Non-monetary assets and liabilities denominated in foreign
dijabarkan dengan menggunakan kurs pada tanggal transaksi. currencies are translated using the exchange rates prevailing
at the transaction date.
Entitas Asosiasi Associates
Entitas asosiasi adalah seluruh entitas dimana Grup memiliki Associates are all entities over which the Group has significant
pengaruh signifikan namun bukan pengendalian. Investasi pada influence but not control. Investment in associates are
entitas asosiasi dicatat dengan metode ekuitas, setelah pada accounted for using the equity method of accounting, after
awalnya diakui pada nilai perolehan dikurangi kerugian initially being recognised at cost less impairment losses, if
penurunan nilai, jika ada. any.
20
Page 671
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
b. Prinsip Konsolidasian (lanjutan) b. Principles of consolidation (continued)
Entitas Asosiasi (lanjutan) Associates (continued)
Investasi pada entitas asosiasi pada awalnya diakui sebesar Investment in an associate is initially recognised at cost. The
biaya perolehan. Biaya perolehan diukur berdasarkan nilai wajar cost of an acquisition is measured at the fair value of the
aset yang diserahkan, instrumen ekuitas yang diterbitkan atau assets transferred, equity instruments issued or liabilities
liabilitas yang timbul atau diambil alih pada tanggal akuisisi, incurred or assumed as at the date of acquisition, plus costs
ditambah biaya yang berhubungan langsung dengan akuisisi. directly attributable to the acquisition.
Goodwill pada akuisisi entitas asosiasi merupakan selisih lebih Goodwill on acquisition of an associate represents the excess
yang terkait dengan biaya perolehan investasi pada entitas of the cost of acquisition of the associate over the Group's
asosiasi dengan bagian Grup atas nilai wajar bersih aset share of the fair value of the identifiable net assets of the
teridentifikasi dari entitas asosiasi dan dimasukkan dalam jumlah associate and is included in the carrying amount of the
tercatat investasi. investment.
Dalam menerapkan metode ekuitas, bagian Grup atas laba rugi In applying the equity method of accounting, the Group's share
entitas asosiasi setelah perolehan diakui dalam laba rugi, dan of its associate's post-acquisition profit or loss is recognised in
bagian Grup atas penghasilan komprehensif lain setelah tanggal profit or loss and its share of post-acquisition other
perolehan diakui dalam penghasilan komprehensif lain. comprehensive income is recognised in other comprehensive
Perubahan dan penerimaan distribusi dari entitas asosiasi income. These post-acquisition movements and distributions
setelah tanggal perolehan disesuaikan terhadap nilai tercatat received from an associate are adjusted against the carrying
investasi. amounts of the investment.
Jika bagian Grup atas rugi entitas asosiasi sama dengan atau When the Group's share of the losses of an associate equals
melebihi kepentingannya pada entitas asosiasi, termasuk or exceeds its interest in the associate, including any other
piutang tidak lancar tanpa jaminan, maka Grup menghentikan unsecured non-current receivables, the Group does not
pengakuan bagiannya atas rugi lebih lanjut, kecuali Grup recognise further losses, unless it has obligations to make or
memiliki kewajiban untuk melakukan pembayaran atau telah has made payments on behalf of the associate.
melakukan pembayaran atas nama entitas asosiasi.
Keuntungan yang belum direalisasi atas transaksi antara Grup Unrealised gains on transactions between the Group and its
dengan entitas asosiasi dieliminasi sebesar bagian Grup dalam associate are eliminated to the extent of the Group's interest in
entitas asosiasi tersebut. Kerugian yang belum direalisasi juga the associate. Unrealised losses are also eliminated unless the
dieliminasi kecuali transaksi tersebut memberikan bukti transaction provides evidence of impairment of the asset being
penurunan nilai atas aset yang ditransfer. Kebijakan akuntansi transferred. The accounting policies of the associate will be
entitas asosiasi akan disesuaikan, apabila diperlukan, agar changed where necessary to ensure consistency with the
konsisten dengan kebijakan Grup. accounting policies adopted by the Group.
Dividen yang akan diterima dari entitas asosiasi diakui sebagai Dividend receivables from an associate are recognised as
pengurang jumlah tercatat investasi. reductions in the carrying amounts of the investment.
Pada setiap tanggal pelaporan, Grup menentukan apakah The Group determines at each reporting date whether there is
terdapat bukti objektif bahwa telah terjadi penurunan nilai atas any objective evidence that the investment in an associate is
investasi pada entitas asosiasi. Jika bukti tersebut ada, maka impaired. If any such evidence exists, the Group calculates the
Grup menghitung besarnya penurunan nilai sebagai selisih amount of impairment as the difference between the
antara jumlah yang terpulihkan dan nilai tercatat atas investasi recoverable amount of the associate and its carrying value and
pada entitas asosiasi dan mengakui selisih tersebut pada laba recognises the amount in profit or loss.
rugi.
Jika bagian kepemilikan entitas pada entitas asosiasi atau If an entity's ownership interest in an associate or a joint
ventura bersama berkurang, tetapi investasi tetap venture is reduced, but the investment continues to be
diklasifikasikan masing-masing sebagai entitas asosiasi atau classified either as an associate or a joint venture respectively,
ventura bersama, maka entitas mereklasifikasi ke laba rugi the entity shall reclassify to profit or loss the proportion of the
proporsi keuntungan atau kerugian yang telah diakui gain or loss that had previously been recognised in other
sebelumnya dalam penghasilan komprehensif lain yang terkait comprehensive income relating to the reduction in ownership
dengan pengurangan bagian kepemilikan tersebut jika interest if that gain or loss would be required to be reclassified
keuntungan atau kerugian tersebut disyaratkan untuk to profit or loss on the disposal of the related assets or
direklasifikasi ke laba rugi atas pelepasan aset atau liabilitas liabilities.
yang terkait.
21
Page 672
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
c. Transaksi dan saldo dalam mata uang asing c. Transaction and balances in foreign currency
Berikut ini adalah kurs mata uang asing utama yang digunakan Below are the major exchange rates used for translation into
untuk penjabaran dalam Rupiah pada 31 Desember 2025 dan Rupiah as of December 31, 2025 and 2024 using the middle
2024 yang menggunakan kurs tengah berdasarkan Reuters rates based on Reuters (at 4.00 p.m. Western Indonesian
(pukul 16.00 Waktu Indonesia Barat) (dalam Rupiah penuh). Time) (in full amount).
2025 2024
1 Poundsterling Inggris Raya 22.440 20.218 Great Britain Poundsterling 1/Rp
1 Euro Eropa 19.572 16.758 European Euro 1/Rp
1 Dolar Amerika Serikat 16.675 16.095 United States Dollar 1/Rp
1 Dolar Singapura 12.966 11.845 Singapore Dollar 1/Rp
1 Dolar Australia 11.152 10.013 Australian Dollar 1/Rp
1 Riyal Saudi Arabia 4.447 4.284 Saudi Arabian Riyal 1/Rp
1 Ringgit Malaysia 4.108 3.598 Malaysian Ringgit 1/Rp
1 Yuan China Renminbi 2.385 2.205 Chinese Yuan Renminbi 1/Rp
1 Dolar Hong Kong 2.142 2.073 Hong Kong Dollar 1/Rp
100 Yen Jepang 10.650 10.303 Japanese Yen 100/Rp
d. Perubahan pada pernyataan standar akuntansi keuangan d. Changes to the statements of financial accounting
dan interpretasi atas Pernyataan Standar Akuntansi standard and interpretations of the Statements of
Keuangan Financial Accounting Standard
Berikut ini adalah standar akuntansi keuangan baru, perubahan The following are new financial accounting standards,
dan interpretasi standar akuntansi keuangan yang berlaku efektif amendments and interpretations of financial accounting
sejak 1 Januari 2025: standards which become effective starting January 1, 2025:
- Amendemen PSAK 221: “Pengaruh Perubahan Kurs - Amendment of PSAK 221: “Effect of Changes in
Valuta Asing” tentang kekurangan ketertukaran. Foreign Exchange Rates" regarding the lack of
convertibility.
Amandemen tersebut mengharuskan pengungkapan The amendments require the disclosure of information
informasi yang memungkinkan pengguna laporan that enables users of financial statements to understand
keuangan memahami dampak mata uang yang dapat the impact of currency exchange. The amendments
dipertukarkan. Amandemen berlaku untuk periode apply to annual reporting periods beginning with annual
pelaporan tahun yang dimulai pada periode pelaporan reporting periods beginning on or after January 1, 2025.
tahunan yang dimulai pada atau setelah 1 Januari 2025. Early application is permitted where an entity is required
Penerapan dini diperkenankan dimana entitas diharuskan to disclose that fact. The date of initial application is the
mengungkapkan fakta tersebut. Tanggal penerapan awal beginning of the annual period in which the entity first
adalah awal periode tahunan saat entitas pertama kali applies the amendments.
menerapkan amandemen tersebut.
- Amendemen PSAK 117: “Kontrak Asuransi” tentang - Amendment of PSAK 117: “Insurance Contract"
kontrak asuransi regarding insurance contract.
Standar akuntansi baru yang komprehensif untuk kontrak A comprehensive new accounting standard for
asuransi yang mencakup pengakuan dan pengukuran, insurance contracts covering recognition and
penyajian dan pengungkapan, pada saat berlaku efektif measurement, presentation and disclosure, when
PSAK 117 akan menggantikan PSAK 104: Kontrak effective PSAK 117 will replace PSAK 104: Insurance
asuransi. PSAK 117 berlaku untuk semua jenis kontrak contracts. PSAK 117 applies to all types of insurance
asuransi, jiwa, non-jiwa, asuransi langsung dan contracts, life, non-life, direct insurance and
reasuransi, terlepas dari entitas yang menerbitkannya, reinsurance, regardless of the issuing entity, as well as
serta untuk jaminan dan instrumen keuangan tertentu to certain guarantees and financial instruments with non-
dengan fitur partisipasi tidak mengikat, serta beberapa binding participation features, and some scope
pengecualian ruang lingkup akan berlaku. Tujuan exceptions will apply. The overall objective of PSAK 117
keseluruhan dari PSAK 117 adalah untuk menyediakan is to provide a more useful and consistent accounting
model akuntansi untuk kontrak asuransi yang lebih model for insurance contracts for insurers.
bermanfaat dan konsisten untuk asuradur.
22
Page 673
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan e. Financial assets and liabilities
Aset keuangan Grup terutama terdiri dari kas, giro pada Bank The Group’s financial assets mainly consist of cash, current
Indonesia, giro pada bank lain, penempatan pada Bank accounts with Bank Indonesia, current accounts with other
Indonesia dan bank lain, surat berharga, tagihan spot dan banks, placements with Bank Indonesia and other banks,
derivatif, tagihan akseptasi, tagihan dari surat berharga yang marketable securities, receivables of spot and derivative,
dibeli dengan janji dijual kembali, tagihan lainnya, kredit yang acceptable receivable, receivable from marketable securities
diberikan dan piutang/pembiayaan syariah dan pendapatan purchased under resale agreement, other receivables, loans
bunga yang masih akan diterima. and sharia receivables/financing and interest receivables.
Sesuai PSAK 109, terdapat 3 (tiga) klasifikasi pengukuran aset In accordance with PSAK 109, there are 3 (three)
keuangan yaitu biaya perolehan diamortisasi, diukur pada nilai measurement classifications for financial assets: amortized
wajar melalui laba rugi (FVTPL) dan diukur pada nilai wajar cost, fair value through profit or loss (FVTPL) and fair value
melalui pendapatan komprehensif lainnya (FVOCI). through other comprehensive income (FVOCI).
Aset keuangan diklasifikasikan menjadi kategori tersebut di atas Financial assets are classified into these categories based on
berdasarkan model bisnis dimana aset keuangan tersebut the business model within which they are held and their
dimiliki dan karakteristik arus kas kontraktualnya. Model bisnis contractual cash flow characteristics. The business model
merefleksikan bagaimana kelompok aset keuangan dikelola reflects how group of financial assets are managed to achieve
untuk mencapai tujuan bisnis tertentu. particular business objective.
Liabilitas keuangan Grup terutama terdiri dari simpanan dari The Group’s financial liabilities mainly consist of deposits from
nasabah, simpanan dari bank lain, liabilitas surat berharga yang customers, deposits from other banks, liabilities of marketable
dijual dengan janji dibeli kembali dan pinjaman yang diterima. securities sold under repurchase agreements and borrowings.
1. Klasifikasi 1. Classification
Aset keuangan dapat diukur dengan biaya perolehan A financial asset is measured at amortized cost only if it
diamortisasi hanya jika memenuhi kedua kondisi berikut meets both of the following conditions and is not
dan tidak ditetapkan sebagai FVTPL: designated as FVTPL:
- Aset keuangan dikelola dalam model bisnis yang - The financial assets are managed in a business
bertujuan untuk memiliki aset keuangan dalam rangka model which objective is to hold the asset to obtain
mendapatkan arus kas kontraktual; dan contractual cash flows; and
- Persyaratan kontraktual dari aset keuangan tersebut - Its contractual terms of the financial assets provide
memberikan hak pada tanggal tertentu atas arus kas rights on a specified date for cash flows obtained
yang diperoleh semata dari pembayaran pokok dan solely from payments of principal and interest (SPPI)
bunga (SPPI) dari jumlah pokok terutang. on the principal amount outstanding.
Aset keuangan diklasifikasikan sebagai FVOCI jika Financial assets are classified as FVOCI if they meet the
memenuhi kondisi berikut: following condition:
- Aset keuangan dikelola dalam model bisnis yang - The financial assets are managed in a business
bertujuan untuk mendapatkan arus kas kontraktual dan model which objective is to obtain contractual cash
menjual aset keuangan; dan flows and sell the financial asset; and
- Persyaratan kontraktual dari aset keuangan tersebut - The contractual requirements of the financial assets
memenuhi kriteria SPPI. meet the SPPI criteria.
Aset keuangan lainnya yang tidak memenuhi persyaratan Financial assets that do not meet the requirements to be
untuk diklasifikasikan sebagai aset keuangan yang diukur classified as financial assets measured at amortized
pada biaya perolehan diamortisasi atau FVOCI, cost or FVOCI, are classified as FVTPL.
diklasifikasikan sebagai FVTPL.
Aset keuangan tidak boleh direklasifikasi setelah Financial assets are not permitted to be reclassified
pengakuan awal. subsequently to their initial recognition.
Liabilitas keuangan diklasifikasikan ke dalam kategori Financial liabilities are classified into the following
sebagai berikut pada saat pengakuan awal: categories on initial recognition:
- Diukur pada nilai wajar melalui laba rugi, yang memiliki - Fair value through profit or loss, which has 2 (two)
2 (dua) sub-klasifikasi, yaitu liabilitas keuangan yang sub-classifications, i.e. financial liabilities designated
ditetapkan demikian pada saat pengakuan awal dan as such upon initial recognition and financial liabilities
liabilitas keuangan dipersyaratkan diukur pada nilai mandatorily classified as fair value through profit or
wajar melalui laba rugi; dan loss; and
- Liabilitas keuangan lainnya merupakan liabilitas - Other financial liabilities pertain to financial liabilities
keuangan yang tidak dimiliki untuk dijual atau that are not held for trading nor designated as at fair
ditentukan sebagai nilai wajar melalui laba rugi saat value through profit or loss upon recognition of the
pengakuan liabilitas. liability.
23
Page 674
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
2. Pengakuan dan pengukuran awal 2. Recognition and initial measurement
Semua aset atau liabilitas keuangan pada saat pengakuan All financial assets or liabilities are measured initially at
awal diukur sebesar nilai wajarnya ditambah biaya their fair value plus transaction costs, except for
transaksi, kecuali untuk aset keuangan dan liabilitas financial assets and financial liabilities measured at fair
keuangan yang diukur pada nilai wajar melalui laba rugi, value through profit or loss, transaction costs are
dimana biaya transaksi diakui langsung dalam laba rugi. recognized directly in profit or loss.
Pembelian dan penjualan aset keuangan yang lazim Regular way purchases and sales of financial assets are
(regular) , diakui pada tanggal perdagangan dimana Grup recognized on the trade date at which the Group
memiliki komitmen untuk membeli atau menjual aset commits to purchase or sell those assets.
tersebut.
Semua aset dan liabilitas keuangan lainnya pada awalnya All other financial assets and liabilities are initially
diakui pada tanggal perdagangan dimana Grup menjadi recognized on the trade date at which the Group
suatu pihak dalam ketentuan kontraktual instrumen becomes a party to the contractual provisions of the
tersebut. instrument.
Biaya transaksi hanya meliputi biaya-biaya yang dapat Transaction costs include only those costs that are
diatribusikan secara langsung untuk perolehan suatu aset directly attributable to the acquisition of a financial asset
keuangan atau penerbitan suatu liabilitas keuangan dan or issuance of a financial liability and are incremental
merupakan biaya tambahan yang tidak akan terjadi costs that would not have been incurred if the financial
apabila instrumen keuangan tersebut tidak diperoleh atau instruments had not been acquired or issued. In the
diterbitkan. Untuk aset keuangan, biaya transaksi case of financial assets, transaction costs are added to
ditambahkan pada jumlah yang diakui pada awal the amount recognized initially, while for financial
pengakuan aset, sedangkan untuk liabilitas keuangan, liabilities, transaction costs are deducted from the
biaya transaksi dikurangkan dari jumlah liabilitas yang amount of liability recognized initially.
diakui pada awal pengakuan liabilitas.
Keuntungan atau kerugian akibat fluktuasi nilai wajar tidak Gains or losses due to fluctuations in fair value are not
diakui aset keuangan pada biaya perolehan diamortisasi. recognized financial assets at amortized cost.
Pendapatan bunga dihitung menggunakan metode bunga Interest income is calculated using the effective interest
efektif yaitu dengan menerapkan suku bunga efektif atas method by applying an effective interest rate to the
jumlah tercatat bruto aset keuangan, kecuali untuk: gross carrying amount of financial assets, except for:
a. aset keuangan yang dibeli atau yang berasal dari aset a. financial assets purchased or originating from
keuangan memburuk. Untuk aset keuangan tersebut, financial assets deteriorate. For these financial
Grup menerapkan suku bunga efektif yang disesuaikan assets, the Group applies an effective interest rate
dengan kredit atas biaya perolehan diamortisasi aset adjusted by credit for the amortized cost of the
keuangan sejak pengakuan awal. financial assets from initial recognition.
b. aset keuangan yang tidak dibeli atau yang berasal dari b. financial assets that are not purchased or that
aset keuangan memburuk tetapi selanjutnya menjadi originate from financial assets deteriorate but
aset keuangan memburuk. Untuk aset keuangan subsequently become financial assets deteriorate.
tersebut, Grup menerapkan suku bunga efektif atas For these financial assets, the Group applies an
biaya perolehan diamortisasi aset keuangan di periode effective interest rate on the amortized cost of the
pelaporan selanjutnya. financial assets in the next reporting period.
Setelah pengakuan awal, Grup mengukur liabilitas After initial recognition, the Group measures financial
keuangan, sesuai dengan klasifikasi aset keuangan pada: liabilities, according to the classification of financial
(i) Biaya perolehan diamortisasi; atau (ii) Nilai wajar assets at: (i) Amortized cost; or (ii) Fair value through
melalui laba rugi. profit or loss.
Untuk liabilitas keuangan yang diukur pada laba rugi, For financial liabilities measured at profit or loss, gains
keuntungan dan kerugian diakui pada laba rugi. Terdapat and losses are recognized in profit or loss. There are
pengecualian pada kasus liabilitas keuangan ditetapkan exceptions in the case of financial liabilities designated
sebagai FVTPL dimana perubahan risiko kredit liabilitas as FVTPL where changes in credit liability risks are
diakui pada penghasilan komprehensif lain dengan recognized in other comprehensive income with other
keuntungan dan kerugian lainnya diakui pada laba rugi. gains and losses recognized in profit or loss.
Setelah pengakuan awal, liabilitas keuangan yang diukur After initial recognition, financial liabilities at FVTPL are
pada FVTPL diukur pada nilai wajarnya. Keuntungan atau measured at its fair value. Gains or losses arising from a
kerugian yang timbul dari perubahan nilai wajar diakui change in the fair value are recognized in profit or loss.
dalam laba rugi.
24
Page 675
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
3. Penghentian pengakuan 3. Derecognition
Grup menghentikan pengakuan aset keuangan pada saat The Group derecognizes a financial asset when the
hak kontraktual atas arus kas yang berasal dari aset contractual rights to the cash flows from the financial
keuangan tersebut kadaluwarsa atau pada saat Grup asset expire or when the Group transfers the rights to
mentransfer seluruh hak untuk menerima arus kas receive the contractual cash flows on the financial asset
kontraktual dari aset keuangan dalam transaksi dimana in a transaction in which substantially all the risks and
Grup secara substansial telah mentransfer seluruh risiko rewards of ownership of the financial asset are
dan manfaat atas kepemilikan aset keuangan. transferred.
Setiap hak atau kewajiban yang timbul atau yang masih Any interest in transferred financial assets that is
dimiliki oleh Grup diakui sebagai aset atau liabilitas secara created or retained by the Group is recognized as a
terpisah. separate asset or liability.
Grup menghentikan pengakuan liabilitas keuangan pada The Group derecognizes a financial liability when its
saat kewajiban yang ditetapkan dalam kontrak dilepaskan contractual obligations are discharged or cancelled or
atau dibatalkan atau kadaluarsa. expired.
Dalam transaksi dimana Grup secara substansial tidak In transaction in which the Group neither retains nor
memiliki atau tidak mentransfer seluruh risiko dan manfaat transfers substantially all the risks and rewards of
atas kepemilikan aset keuangan, Grup menghentikan ownership of a financial asset, the Group derecognizes
pengakuan aset tersebut jika Grup tidak lagi memiliki the asset if it does not retain control over the asset. The
pengendalian atas aset tersebut. Hak dan kewajiban yang rights and obligations retained in the transfer are
masih dimiliki dalam transfer tersebut diakui secara recognized separately as assets and liabilities as
terpisah sebagai aset atau liabilitas. Dalam transfer appropriate. In transfers in which control over the asset
dimana pengendalian atas aset masih dimiliki, Grup tetap is retained, the Group continues to recognize the asset
mengakui aset yang ditransfer tersebut sebesar to the extent of its continuing involvement, determined
keterlibatan berkelanjutan Grup yang ditentukan dengan by theextent to which it is exposed to changes in the
seberapa jauh Grup terekspos terhadap perubahan nilai value of the transferred asset.
aset yang ditransfer.
Grup menghapusbukukan aset keuangan dan cadangan The Group writes off financial assets and any related
kerugian penurunan nilai terkait pada saat Grup allowance for impairment losses when the Group
menentukan bahwa aset keuangan tersebut tidak dapat determines that those financial assets are uncollectible.
ditagih.
Keputusan ini diambil setelah Grup melakukan berbagai The decision is reached after Group had undertaken
upaya untuk memperoleh kembali aset keuangan tersebut various efforts to obtain back the financial asset as well
serta mempertimbangkan informasi seperti telah terjadinya as considering information such as the occurrence of
perubahan signifikan pada posisi keuangan significant changes in the financial position of
debitur/penerbit aset keuangan sehingga debitur/penerbit borrower/financial asset issuer such that the
aset keuangan tidak lagi dapat melunasi kewajibannya borrower/financial asset issuer can no longer pay the
atau hasil penjualan agunan tidak akan cukup untuk obligation or that proceeds from collateral will not be
melunasi seluruh eksposur yang diberikan. sufficient to pay back the entire exposure.
4. Saling hapus 4. Offsetting
Aset keuangan dan liabilitas keuangan dapat saling hapus Financial assets and financial liabilities are set off and
dan nilai bersihnya disajikan dalam laporan posisi the net amount is presented in the statement of financial
keuangan konsolidasian jika, dan hanya jika, Grup position when, and only when, the Group has a legally
memiliki hak yang dapat dipaksakan secara hukum untuk enforceable right to set off the amounts and intends
melakukan saling hapus atas jumlah yang telah diakui either to settle on a net basis or realize the asset and
tersebut dan berniat untuk menyelesaikan secara bersih settle the liability simultaneously.
atau untuk merealisasikan aset dan menyelesaikan
liabilitasnya secara simultan.
25
Page 676
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
5. Pengukuran biaya perolehan diamortisasi 5. Amortized cost measurement
Biaya perolehan diamortisasi dari aset atau liabilitas The amortized cost of a financial asset or liability is the
keuangan adalah jumlah aset atau liabilitas keuangan amount at which the financial asset or liability is
yang diukur pada saat pengakuan awal, dikurangi measured at initial recognition, minus principal
pembayaran pokok, ditambah atau dikurangi dengan repayments, plus or minus the cumulative amortization
amortisasi kumulatif dengan menggunakan metode suku using the effective interest method of any difference
bunga efektif yang dihitung dari selisih antara nilai awal between the initial amount recognized and the maturity
dan nilai jatuh temponya, dan untuk aset keuangan amount and adjusted for any expected credit loss
disesuaikan dengan cadangan kerugian kredit allowance. The gross carrying amount of a financial
ekspektasian. Nilai tercatat bruto aset keuangan asset is the amortized cost of a financial asset before
merupakan biaya perolehan diamortisasi aset keuangan adjusting for any expected credit loss allowance.
sebelum disesuaikan dengan cadangan kerugian kredit
ekspektasian.
Tingkat suku bunga efektif adalah suku bunga yang The effective interest rate is the rate that exactly
secara tepat mendiskontokan estimasi arus kas di masa discounts the estimated future cash flows through the
datang selama perkiraan umur dari aset keuangan atau expected life of the financial asset or financial liability
liabilitas keuangan (atau jika lebih tepat, digunakan (or, where appropriate, a shorter period), to the gross
periode yang lebih singkat), atas nilai tercatat bruto aset carrying amount of the financial asset (when the asset is
keuangan (ketika aset tidak mengalami penurunan nilai) not credit-impaired) or to the amortized cost of the
atau pada biaya perolehan diamortisasi untuk liabilitas financial liability. When calculating the effective interest
keuangan. Pada saat menghitung tingkat suku bunga rate, the Group estimates future cash flows considering
efektif, Grup mengestimasi arus kas di masa datang all contractual terms of the financial instrument (for
dengan mempertimbangkan seluruh ketentuan kontraktual example prepayment options), but does not consider
dalam instrumen keuangan tersebut (antara lain opsi any future credit losses.
pelunasan dipercepat), namun tidak mempertimbangkan
kerugian kredit di masa mendatang.
Untuk aset keuangan yang dibeli atau yang berasal dari For purchased or originated credit-impaired financial
aset keuangan memburuk, suku bunga efektif yang assets, a credit-adjusted effective interest rate is
disesuaikan dengan risiko kredit dihitung dengan calculated using estimated future cash flows including
menggunakan arus kas di masa datang termasuk ECL. ECL.
Perhitungan suku bunga efektif mencakup biaya transaksi The calculation of the effective interest rate includes
dan seluruh provisi yang dibayarkan atau diterima yang transaction costs and all fees paid or received that are
merupakan bagian tak terpisahkan dari suku bunga efektif. an integral part of the effective interest rate.
6. Pengukuran nilai wajar 6. Fair value measurement
Nilai wajar adalah harga yang akan diterima untuk menjual Fair value is the price that would be received to sell an
suatu aset atau harga yang akan dibayar untuk asset or paid to transfer a liability in an orderly
mengalihkan suatu liabilitas dalam transaksi teratur transaction between market participants at the
(orderly transaction ) antara pelaku pasar (market measurement date in the principal market or, in its
participants ) pada tanggal pengukuran di pasar utama absence, the most advantageous market to which the
atau, jika tidak terdapat pasar utama, di pasar yang paling Group has access at that date. The fair value of a
menguntungkan dimana Grup memiliki akses pada liability reflects its non-performance risk.
tanggal tersebut. Nilai wajar liabilitas mencerminkan risiko
wanprestasinya.
Jika tersedia, Grup mengukur nilai wajar instrumen When available, the Group measures the fair value of a
keuangan dengan menggunakan harga kuotasian di pasar financial instrument using the quoted price in an active
aktif untuk instrumen tersebut. Suatu pasar dianggap aktif market for that instrument. A market is regarded as
jika transaksi atas aset dan liabilitas terjadi dengan active if transactions for the asset or liability take place
frekuensi dan volume yang memadai untuk menyediakan with sufficient frequency and volume to provide pricing
informasi penentuan harga secara berkelanjutan. information on an ongoing basis.
Jika harga kuotasian tidak tersedia di pasar aktif, Grup If there is no quoted price in an active market, then the
menggunakan teknik penilaian dengan memaksimalkan Group uses valuation techniques that maximize the use
penggunaan input yang dapat diobservasi dan relevan of relevant observable inputs and minimize the use of
dan meminimalkan penggunaan input yang tidak dapat unobservable inputs. The chosen valuation technique
diobservasi. Teknik penilaian yang dipilih menggabungkan incorporates all of the factors that market participants
semua faktor yang diperhitungkan oleh pelaku pasar would take into account in pricing a transaction.
dalam penentuan harga transaksi.
26
Page 677
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
6. Pengukuran nilai wajar (lanjutan) 6. Fair value measurement (continued)
Bukti terbaik atas nilai wajar instrumen keuangan pada The best evidence of the fair value of a financial
saat pengakuan awal adalah harga transaksi, yaitu nilai instrument at initial recognition is normally the
wajar dari pembayaran yang diberikan atau diterima. Jika transaction price, i.e., the fair value of the consideration
Grup menetapkan bahwa nilai wajar pada pengakuan given or received. If the Group determines that the fair
awal berbeda dengan harga transaksi dan nilai wajar tidak value at initial recognition differs from the transaction
dapat dibuktikan dengan harga kuotasian di pasar aktif price and the fair value is evidenced neither by a quoted
untuk aset atau liabilitas yang identik atau berdasarkan price in an active market for an identical asset or liability
teknik penilaian yang hanya menggunakan data dari pasar nor based on a valuation technique that uses only data
yang dapat diobservasi, maka nilai wajar instrumen from observable markets, then the financial instrument
keuangan pada saat pengakuan awal disesuaikan untuk is initially measured at fair value, adjusted to defer the
menangguhkan perbedaan antara nilai wajar pada saat difference between the fair value at initial recognition
pengakuan awal dan harga transaksi. Setelah pengakuan and the transaction price. Subsequently, that difference
awal, perbedaan tersebut diakui dalam laba rugi is recognized in profit or loss on an appropriate basis
berdasarkan umur dari instrumen tersebut namun tidak over the life of the instrument but no later than when the
lebih lambat dari saat penilaian tersebut didukung valuation is wholly supported by observable market data
sepenuhnya oleh data pasar yang dapat diobservasi atau or the transaction is closed out.
saat transaksi ditutup.
Jika aset atau liabilitas yang diukur pada nilai wajar If an asset or a liability measured at fair value has a bid
memiliki harga penawaran dan harga permintaan, maka price and an ask price, then the Group measures assets
Grup mengukur aset dan jangka panjang berdasarkan and long positions at a bid price and liabilities and short
harga penawaran dan mengukur liabilitas dan jangka positions at an ask prices.
pendek berdasarkan harga permintaan.
Portofolio aset keuangan dan liabilitas keuangan yang Portfolios of financial assets and financial liabilities
diukur pada nilai wajar, yang terekspos risiko pasar dan measured at fair value, that are exposed to market risk
risiko kredit yang dikelola oleh Grup berdasarkan and credit risk that are managed by the Group on the
eksposur netonya baik terhadap risiko pasar ataupun basis of the net exposure to either market or credit risk,
risiko kredit diukur berdasarkan harga yang akan diterima are measured on the basis of a price that would be
untuk menjual posisi net long (atau dibayar untuk received to sell a net long position (or paid to transfer a
mengalihkan posisi net short ) untuk eksposur risiko net short position) for a particular risk exposure.
tertentu.
Penyesuaian pada level portofolio tersebut dialokasikan Those portfolio-level adjustments are allocated to the
pada aset dan liabilitas individual berdasarkan individual assets and liabilities on the basis of the
penyesuaian risiko relatif dari masing-masing instrumen relative risk adjustment of each of the individual
individual di dalam portofolio. instruments in the portfolio.
f. Transaksi dengan pihak-pihak berelasi f. Transactions with related parties
Dalam menjalankan usahanya, Grup melakukan transaksi In the normal course of its business, the Group enters into
dengan pihak-pihak berelasi seperti yang didefinisikan dalam transactions with related parties which are defined under PSAK
PSAK 224 tentang “Pengungkapan Pihak-Pihak Berelasi”. 224, “Related Party Disclosures”.
Yang dimaksud dengan pihak yang berelasi adalah orang atau The meaning of a related party is a person or entity that is
entitas yang berelasi dengan entitas pelapor sebagai berikut: related to a reporting entity as follow:
i. Orang atau anggota keluarga terdekat mempunyai relasi i. A person or a close member of that person’s family is
dengan entitas pelapor jika orang tersebut: related to a reporting entity if that person:
a. memiliki pengendalian atau pengendalian bersama atas a. has control or joint control over the reporting entity;
entitas pelapor;
b. memiliki pengaruh signifikan atas entitas pelapor; atau b. has significant influence over the reporting entity; or
c. personil manajemen kunci entitas pelapor atau entitas c. a member of the key management personnel of the
induk dari entitas pelapor. reporting entity or of a parent of the reporting entity.
27
Page 678
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
f. Transaksi dengan pihak-pihak berelasi (lanjutan) f. Transactions with related parties (continued)
ii. Satu entitas berelasi dengan entitas pelapor jika ii. An entity is related to the reporting entity if any of the
memenuhi salah satu hal berikut: following conditions applies:
a. Entitas dan entitas pelapor adalah anggota dari a. The entity and the reporting entity are members of the
kelompok usaha yang sama (artinya entitas induk, same Bank and its subsidiaries (which means that
entitas anak, dan entitas anak berikutnya terkait dengan each parent, subsidiaries and fellow subsidiaries is
entitas lainnya); related to the others);
b. Satu entitas adalah entitas asosiasi atau ventura b. One entity is an associate or joint venture of the other
bersama dari entitas lain (atau entitas asosiasi atau entity (or an associate or joint venture of a member of
ventura bersama yang merupakan anggota suatu a Bank and its subsidiaries of which the other entity is
kelompok usaha, yang tersebut adalah anggotanya); a member);
c. Kedua entitas tersebut adalah ventura bersama dari c. Both entities are joint ventures of the same third
pihak ketiga yang sama; party;
d. Satu entitas adalah ventura bersama dari entitas ketiga d. One entity is a joint venture of a third entity and the
dan entitas yang lain adalah entitas asosiasi dari entitas other entity is an associate of the third entity;
ketiga;
e. Entitas tersebut adalah suatu program imbalan pasca e. The entity is a post-employment benefit plan for the
kerja untuk imbalan kerja dari salah satu entitas pelapor benefit of employees of either the reporting entity, or
atau entitas yang terkait dengan entitas pelapor; an entity related to the reporting entity;
f. Entitas yang dikendalikan atau dikendalikan bersama f. The entity is controlled or jointly controlled by a
oleh orang yang diidentifikasi dalam huruf (a); person identified in (a);
g. Orang yang diidentifikasi dalam huruf (i). (a) memiliki g. A person identified in (i). (a) has significant influence
pengaruh signifikan atas entitas atau personil over the entity or is a member of the key
manajemen kunci entitas (atau entitas induk dari management personnel of the entity (or a parent of
entitas); atau the entity); or
h. Entitas atau anggota dari kelompok yang mana entitas h. The entity or any members of a Bank and its
merupakan bagian dari kelompok tersebut, subsidiaries of which it is a part, provides key
menyediakan jasa personil manajemen kunci kepada management personnel service to the reporting entity
entitas pelapor atau kepada entitas induk dari entitas or to the parent of the reporting entity.
pelapor.
Transaksi dengan pihak-pihak berelasi dilakukan dengan syarat Transactions with related parties are made on the same term
dan kondisi yang sama dengan transaksi-transaksi dengan pihak and conditions as those transactions with third parties. All
ketiga. Transaksi yang dilakukan Bank telah memenuhi transaction done by Bank have complied with Financial
Peraturan Otoritas Jasa Keuangan (POJK) No.42/POJK.04/2020 Services Authority Regulation (POJK) No.42/POJK.04/2020
tentang “Transaksi Afiliasi dan Transaksi Benturan about “Affiliated Transactions and Conflict of Interest
Kepentingan”. Transactions”.
Seluruh transaksi dan saldo yang material dengan pihak berelasi All material transactions and balances with related parties are
diungkapkan dalam catatan atas laporan keuangan disclosed in the relevant notes to the consolidated financial
konsolidasian yang relevan dan rinciannya disajikan dalam statements and the detail is presented in (Note 45).
(Catatan 45).
g. Kas dan setara kas g. Cash and cash equivalents
Kas dan setara kas dalam laporan arus kas konsolidasian terdiri Cash and cash equivalents presented in the consolidated
dari kas, giro pada Bank Indonesia dan bank lain, penempatan statements of cash flows consist of cash, current accounts with
pada Bank Indonesia dan bank lain dan Sertifikat Bank Bank Indonesia and other banks, placements with Bank
Indonesia, yang jatuh tempo dalam waktu 3 (tiga) bulan sejak Indonesia and other banks and Bank Indonesia Certificates
tanggal perolehan, sepanjang tidak digunakan sebagai jaminan Facility maturing within 3 (three) months from the acquisition
atas pinjaman yang diterima serta tidak dibatasi penggunaannya. date, and not used as collateral for borrowing and not
restricted in use.
h. Giro pada Bank Indonesia dan bank lain h. Current accounts with Bank Indonesia and other banks
Giro pada Bank Indonesia dan bank lain dinyatakan sebesar Current accounts with Bank Indonesia and other banks are
biaya perolehan diamortisasi menggunakan metode suku bunga stated at amortized cost using the effective interest rate
efektif dikurangi penyisihan kerugian penurunan nilai. Giro pada method less an allowance for impairment losses. Current
Bank Indonesia dan bank lain diklasifikasikan sebagai biaya accounts with Bank Indonesia and other banks are classified
perolehan diamortisasi. as amortized cost.
28
Page 679
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
i. Penempatan pada Bank Indonesia dan bank lain i. Placements with Bank Indonesia and other banks
Penempatan pada Bank Indonesia dan bank lain terdiri dari Placement with Bank Indonesia and other banks consists of
Fasilitas Simpanan Bank Indonesia (FASBI), Fasilitas Simpanan Bank Indonesia Deposit Facility (FASBI), Bank Indonesia
Bank Indonesia Syariah (FASBIS), call money dan deposito Sharia Deposit Facilities (FASBIS), call money and time
berjangka. deposits.
Penempatan pada Bank Indonesia dan bank lain dinyatakan Placements with Bank Indonesia and other banks are stated at
sebesar biaya perolehan diamortisasi menggunakan metode amortized cost using the effective interest rate method less an
suku bunga efektif dikurangi penyisihan kerugian penurunan allowance for impairment losses. Placements with Bank
nilai. Penempatan pada Bank Indonesia dan bank lain Indonesia and other banks are classified as amortized cost.
diklasifikasikan sebagai biaya perolehan diamortisasi.
j. Surat berharga j. Marketable securities
Surat berharga yang dimiliki terdiri dari Surat Utang Negara, Marketable securities consist of Government bonds, corporate
obligasi korporasi, reksadana, Surat Keterangan Berdokumen bonds, mutual funds, domestic L/C, export bills receivable,
Dalam Negeri (SKBDN), tagihan wesel ekspor, sertifikat interbank mudarabah investment certificate, sukuk, other
investasi mudharabah antar bank, sukuk , surat berharga pasar money market and capital market securities.
uang dan pasar modal lainnya.
Surat Utang Negara terdiri dari surat utang yang diterbitkan oleh Government bonds are bonds issued by the Government of
Pemerintah Indonesia yang diperoleh melalui pasar perdana dan Indonesia acquired through the primary and secondary
sekunder. markets.
Surat-surat berharga pada awalnya disajikan sebesar nilai Marketable securities are initially measured at fair value. After
wajarnya. Setelah pengakuan awal, surat-surat berharga dicatat the initial recognition, the marketable securities are recorded
sesuai dengan kategorinya yaitu yang diukur pada nilai wajar according to their category, i.e., fair value through other
melalui penghasilan komprehensif lain, investasi pada biaya comprehensive income, amortized cost investments or at fair
perolehan diamortisasi atau berdasarkan nilai wajar melalui laba value through profit or loss.
atau rugi.
Penilaian surat berharga didasarkan atas klasifikasinya sebagai The value of marketable securities is stated based on the
berikut: classification as follows:
1. Surat berharga yang dicatat pada biaya perolehan yang 1. Amortized cost marketable securities are carried at
diamortisasi menggunakan metode suku bunga efektif. amortized cost using the effective interest rate method.
2. Surat berharga yang dimiliki untuk diperdagangkan dan 2. Marketable securities classified as held-for-trading and
yang ditetapkan pada nilai wajar melalui laba rugi pada designated at fair value through profit or loss on initial
saat pengakuan awal dinyatakan pada nilai wajar. recognition are stated at fair value. Gains and losses
Keuntungan dan kerugian yang timbul dari perubahan nilai from changes in fair value are recognized in the
wajar diakui dalam laporan laba rugi dan penghasilan consolidated statements of profit or loss and other
komprehensif lain konsolidasian. comprehensive income.
3. Surat berharga yang diklasifikasikan pada nilai wajar 3. Marketable securities classified as fair value through
melalui penghasilan komprehensif lain dinyatakan pada other comprehensive income investments are stated at
nilai wajar. Pendapatan bunga diakui dalam laporan laba fair value. Interest income is recognized in the
rugi dan penghasilan komprehensif lain konsolidasian consolidated statements of profit or loss and other
menggunakan metode suku bunga efektif. Laba atau rugi comprehensive income using the effective interest rate
selisih kurs atas surat berharga yang tersedia untuk dijual method. Foreign exchange gains or losses on available-
diakui pada laporan laba rugi dan penghasilan for-sale marketable securities are recognized in the
komprehensif lain konsolidasian. consolidated statements of profit or loss and other
comprehensive income.
Perubahan nilai wajar lainnya diakui secara langsung dalam Other fair value changes are recognized directly in equity until
ekuitas sampai dengan surat-surat berharga tersebut dijual atau the marketable securities are sold or impaired, whereby the
mengalami penurunan nilai, dimana keuntungan dan kerugian cumulative gains and losses previously recognized in equity
kumulatif yang sebelumnya diakui dalam ekuitas harus diakui are recognized in the statements of profit or loss consolidated
pada laporan laba rugi dan penghasilan komprehensif lain and other comprehensive income.
konsolidasian.
Aset Keuangan Sukuk Sukuk Financial Assets
Grup menerapkan PSAK 410 "Investasi Sukuk" yang mengatur The Group applies PSAK 410 “Sukuk Investment" which
mengenai pengakuan, pengukuran, penyajian, dan regulate about recognition, measurement, presentation, and
pengungkapan transaksi sukuk ijarah dan sukuk mudharabah . disclosure transaction of sukuk ijarah and sukuk mudharabah.
29
Page 680
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
j. Surat berharga (lanjutan) j. Marketable securities (continued)
1. Diukur pada biaya perolehan 1. Measured at cost
a. Investasi tersebut dimiliki dalam suatu model usaha a. The investment is held in abusiness model whereby
yang bertujuan utama untuk memperoleh arus kas the primary goal is to obtain contractual cash flows
kontraktual dan terdapat persyaratan kontraktual dalam and has contractual term in determining the specific
menentukan tanggal tertentu atas pembayaran pokok date of principal payments and or the results.
dan atau hasilnya.
b. Biaya perolehan sukuk termasuk biaya transaksi. b. Sukuk acquisition cost includes transaction cost.
c. Selisih antara biaya perolehan dan nilai nominal c. The difference between the acquisition cost and the
diamortisasi secara garis lurus selama jangka waktu nominal value is amortized on a straightline basis
sukuk. over the period of the sukuk.
d. Rugi penurunan nilai diakui jika jumlah terpulihkan lebih d. Impairment loss is recognized if the recovable
kecil dari jumlah tercatat dan disajikan sebagai rugi amount is less than the carrying amount and is
penurunan nilai di dalam laba rugi. presented as an impairment loss in the profit or loss.
2. Diukur pada nilai wajar 2. Measured at fair value
a. Nilai wajar ditentukan dengan mengacu pada urutan a. The fair value is determined withreference to the
sebagai berikut: following order:
- Kuotasi harga di pasar aktif. - Price quotation in active market.
- Harga yang terjadi dari transaksi terkini, apabila tidak - Price from the current transaction, if there is no
ada kuotasi harga di pasar aktif. available price quotations in an active market.
- Nilai wajar instrumen sejenis, apabila tidak ada - Fair value of similar instrument, if there is no
kuotasi harga di pasar aktif, dan tidak ada harga available price quotations in an active market and
yang terjadi dari transaksi terkini. no price from the current transaction.
b. Biaya perolehan sukuk tidak termasuk biaya transaksi. b. Sukuk acquisition cost does not include transaction
cost.
c. Selisih antara nilai wajar dan jumlah tercatat diakui c. The difference between fair value and carrying value
dalam laba rugi. is presented in profit or loss.
k. Surat berharga yang dijual dengan janji dibeli kembali (repo) k. Marketable securities sold under repurchase agreement
dan surat berharga yang dibeli dengan janji dijual kembali (repo) and marketable securities purchased under resale
(reverse repo) agreement (reverse repo)
Surat berharga yang dijual dengan janji dibeli kembali (repo) Marketable securities sold under repurchased agreements
disajikan sebagai liabilitas dalam laporan posisi keuangan (repo) are presented as liabilities in the statement of financial
sebesar harga pembelian kembali yang disepakati dikurangi position at the agreed repurchase price less unamortized
bunga dibayar dimuka yang belum diamortisasi. Selisih antara prepaid interest. The difference between the selling price and
harga jual dan harga pembelian kembali yang disepakati agreed repurchase price is amortised using effective interest
tersebut diamortisasi dengan menggunakan metode suku bunga method as interest expense over the period commencing from
efektif sebagai beban bunga selama jangka waktu sejak surat the selling date to the repurchase date.
berharga tersebut dijual hingga saat dibeli kembali.
Surat berharga yang dijual dengan janji dibeli kembali Marketable securities sold under repurchased agreement are
diklasifikasikan sebagai biaya perolehan diamortisasi. classified as amortized cost.
Surat berharga yang dibeli dengan janji untuk dijual kembali Markatable securities purchased under resale agreement
(reverse repo ) disajikan sebagai aset dalam laporan posisi (reverse repo) are presented as assets in the consolidated
keuangan konsolidasian sebesar harga jual kembali dikurangi statements of financial position at the resale price less
dengan pendapatan bunga yang belum diamortisasi dikurangi unamortized interest income less allowance for impairment
dengan cadangan kerugian penurunan nilai jika diperlukan. losses, where appropriate.
Pada pengukuran awal, surat berharga yang dibeli dengan janji Marketable securities purchased under resale agreement
dijual kembali (reverse repo ) disajikan sebesar nilai wajar (reverse repo) are initially measured at fair value plus directly
ditambah dengan biaya transaksi yang dapat diatribusikan attributable transaction costs.
secara langsung.
Surat berharga yang dibeli dengan janji dijual kembali (reverse Marketable securities purchased under resale agreement
repo ) diklasifikasikan sebagai biaya perolehan diamortisasi. (reverse repo) are classified as amortized cost.
30
Page 681
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
l. Instrumen keuangan derivatif l. Derivative financial instruments
Dalam melakukan usaha bisnisnya, Grup melakukan transaksi In the normal course of its business, the Group enters into
instrumen keuangan derivatif seperti kontrak berjangka mata transactions involving derivative financial instruments such as
uang asing, swap mata uang asing, swap atas suku bunga, dan foreign currency forward contracts, foreign currency swaps,
transaksi spot untuk mengelola eksposur pada risiko pasar interest rate swaps, and spot transactions to manage
seperti risiko mata uang dan risiko tingkat suku bunga. exposures on market risk, such as currency risk and interest
rate risk.
Instrumen keuangan derivatif diakui di laporan posisi keuangan Derivatives financial instruments are recognized in the
konsolidasian pada nilai wajar. Setiap kenaikan nilai wajar consolidated statement of financial position at fair value. Each
kontrak derivatif dicatat sebagai aset apabila memiliki nilai wajar increase in fair value derivative contract is carried as asset
positif dan sebagai liabilitas apabila memiliki nilai wajar negatif. when the fair value is positive and as liability when the fair
value is negative.
Tagihan dan liabilitas derivatif diklasifikasikan sebagai aset dan Derivatives receivable and payable are classified as financial
liabilitas keuangan yang diukur pada nilai wajar melalui laporan assets and liabilities at fair value through profit or loss. Gains
laba rugi. Keuntungan atau kerugian yang terjadi dari perubahan or losses resulting from fair value changes are recognized in
nilai wajar diakui dalam laporan laba rugi konsolidasian. the consolidated statement of profit or loss.
Nilai wajar instrumen derivatif ditentukan berdasarkan diskonto The fair value of derivative instruments is determined based on
arus kas dan model penentu harga atau harga yang diberikan discounted cash flows and pricing models or quoted prices
oleh broker (quoted price ) atas atas instrumen lainnya yang from brokers of other instruments with similar characteristic.
memiliki karakteristik serupa.
Kontrak berjangka mata uang asing, swap mata uang asing dan Foreign currency forward contracts, foreign currency swaps,
cross currency swap dan tingkat suku bunga swap dilakukan and cross currency and interest rate swaps are for funding and
untuk tujuan pendanaan dan perdagangan. trading purposes.
m. Tagihan lainnya m. Other receivables
Tagihan lainnya terdiri dari tagihan transfer dan transaksi ATM Other receivables consist of transfer receivable and inter-
antar bank dan lainnya. Akun ini diklasifikasikan sebagai biaya banks ATM transaction and other. This account is classified as
perolehan diamortisasi. amortized cost.
n. Kredit yang diberikan dan piutang/pembiayaan syariah n. Loans and sharia receivables/financing
Kredit yang diberikan pada awalnya diukur pada nilai wajar Loans are initially measured at fair value plus transaction costs
ditambah dengan biaya transaksi yang dapat diatribusikan that are attributable to obtaining the financial asset, and
secara langsung dan merupakan biaya tambahan untuk subsequently measured at their amortized cost using the
memperoleh aset keuangan tersebut, dan setelah pengakuan effective interest rate method, net of allowance for impairment
awal diukur pada biaya perolehan diamortisasi menggunakan losses.
metode suku bunga efektif dikurangi dengan penyisihan
kerugian penurunan nilai.
Kredit yang diberikan diklasifikasikan sebagai biaya perolehan Loans are classified as amortized cost.
diamortisasi.
Penerusan kredit yang diberikan dinyatakan sebesar pokok Channeling loans are stated at the principal amount.
kredit yang diberikan.
Biaya yang dapat diatribusikan secara langsung dalam Attributable costs to the recognition of loans comprises of
pengakuan kredit yang diberikan meliputi biaya provisi dan provision and commissions.
komisi.
Kredit yang diberikan termasuk piutang syariah, pendanaan Loans may include sharia receivables, mudharabah and
mudharabah dan musyarakah serta piutang qardh. musyarakah financing and qardh receivable.
Piutang syariah merupakan hasil dari transaksi jual beli Sharia receivables result from sale and purchase transactions
berdasarkan perjanjian murabahah. based on murabahah agreements.
Murabahah adalah akad jual beli barang tertentu dengan harga Murabahah is an agreement to buy and sell certain products at
ditentukan sebesar harga perolehan ditambah keuntungan yang acquisition cost plus a certain margin to be agreed by both the
disepakati dan Grup sebagai penjual harus mengungkapkan buyer and seller and the Group as the seller is required to
harga perolehan barang tersebut kepada pembeli (debitur). disclose the acquisition cost to the buyer. Murabahah
Piutang murabahah dinyatakan sebesar jumlah piutang setelah receivables are stated at the amount of receivables less
dikurangi dengan ”marjin yang ditangguhkan” yang belum unrealized deferred margin and allowance for losses.
direalisasikan dan penyisihan kerugian.
31
Page 682
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
n. Kredit yang diberikan dan piutang/pembiayaan syariah n. Loans and sharia receivables/financing (continued)
(lanjutan)
Mudharabah adalah kontrak kerjasama usaha antara pemilik Mudharabah is a business cooperation contract between the
dana (shahibul maal) dan manajer pendanaan (mudharib) owner of the funds (shahibul maal) and fund managers
berdasarkan rasio pendapatan atau keuntungan dan kerugian (mudharib) based on the ratio of income or gains and losses
yang ditentukan sebelumnya. Piutang mudharabah pada are predetermined. Mudharabah receivables are initially
awalnya diukur pada nilai wajar diamortisasi menggunakan measured at fair value is amortized using the effective margin
metode margin efektif dikurangi dengan cadangan kerugian method less any allowance for impairment losses.
penurunan nilai.
Biaya transaksi yang dapat diatribusikan secara langsung dan Transaction costs that are directly attributable and an income
merupakan pendapatan dan biaya tambahan untuk memperoleh and additional costs to acquire the financial asset is amortized
aset keuangan tersebut diamortisasi menggunakan metode using the effective margin method less any allowance for
margin efektif dikurangi dengan cadangan kerugian penurunan impairment losses.
nilai.
Musyarakah adalah akad kerjasama yang terjadi diantara para Musyarakah is an agreement between the investors
pemilik modal (mitra musyarakah) untuk menggabungkan modal (musyarakah partners) to enter into a joint-venture in the form
dan melakukan usaha secara bersama dalam suatu kemitraan, of a partnership with revenue or profit and loss sharing based
dengan nisbah pembagian hasil atau kerugian sesuai dengan on an agreement or capital contribution proportion.
kesepakatan atau secara proporsional sesuai kontribusi modal.
Qardh adalah pinjam meminjam dana tanpa imbalan yang Qardh is a loan/borrowing funds without any agreed
diperjanjikan dengan liabilitas pihak peminjam mengembalikan consideration wherein the borrower has the obligation to return
pokok pinjaman secara sekaligus atau cicilan dalam jangka the principal of the loan at lump sum or on installment over a
waktu tertentu. certain period.
Kredit yang direstrukturisasi disajikan sebesar nilai yang lebih Restructured loans are stated at the lower of carrying value of
rendah antara nilai tercatat kredit pada tanggal restrukturisasi the loan at the time of restructuring or net present value of the
atau nilai tunai penerimaan kas masa depan setelah total future cash receipts after restructuring. Losses arising
restrukturisasi. Kerugian akibat selisih antara nilai tercatat kredit from any excess of the carrying value of the loan at the time of
pada tanggal restrukturisasi dengan nilai tunai penerimaan kas restructuring over the net present value of the total future cash
masa depan setelah restrukturisasi diakui dalam laporan laba receipts after restructuring are recognized in the consolidated
rugi dan penghasilan komprehensif lain konsolidasian. Setelah statement of profit or loss and other comprehensive income.
restrukturisasi, semua penerimaan kas masa depan yang Thereafter, all cash receipt under the new terms shall be
ditetapkan dalam persyaratan baru dicatat sebagai accounted for as the recovery of principal and interest income.
pengembalian pokok kredit yang diberikan dan pendapatan In accordance with the restructuring scheme.
bunga sesuai dengan syarat-syarat restrukturisasi.
Kredit yang diberikan dihapusbukukan ketika tidak terdapat Loans are written-off when there are no realistic prospects of
prospek yang realistis mengenai pengembalian di masa datang future recovery and all collateral have been realized or have
dan semua jaminan telah diupayakan untuk direalisasi atau been foreclosed. When loans are deemed uncollectible, they
sudah diambil alih. Kredit yang tidak dapat dilunasi are written-off against the related allowance for impairment
dihapusbukukan dengan mendebet cadangan kerugian losses. Subsequent recoveries of loans written-off are credited
penurunan nilai. Pelunasan kemudian atas kredit yang telah to the allowance for impairment losses in the consolidated
dihapusbukukan sebelumnya, jika pada periode berjalan statements of financial position, if recovered in the current year
dikreditkan ke cadangan kerugian penurunan nilai di laporan and are recognized in the consolidated statement of profit or
posisi keuangan konsolidasian, jika setelah tanggal laporan loss and other comprehensive income as other operating
posisi keuangan konsolidasian dikreditkan sebagai pendapatan income, if recovered after the statement of consolidated
operasional lainnya dalam laporan laba rugi dan penghasilan financial position date.
komprehensif lain konsolidasian.
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
Aset produktif terdiri dari giro pada bank lain, penempatan pada Earning assets consist of current accounts with other banks,
Bank Indonesia dan bank lain, surat berharga, tagihan dari surat placements with Bank Indonesia and other banks, marketable
berharga yang dibeli dengan janji dijual kembali, kredit yang securities, receivable from marketable securities purchased
diberikan, tagihan lainnya dan komitmen dan kontinjensi. under resale agreement, loans, other receivable and
commitments and contingencies.
32
Page 683
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Komitmen dan kontinjensi pada transaksi rekening administratif, Commitments and contingencies are off-balance sheet
antara lain terdiri dari namun tidak terbatas pada penerbitan transactions which include but are not limited to issued
jaminan, letter of credit, standby letter of credit dan fasilitas guarantees, letters of credit, standby letters of credit and
kredit yang belum digunakan. unused loan facilities.
Penurunan nilai aset keuangan Impairment of financial assets
PSAK 109 mengharuskan cadangan kerugian diakui sebesar PSAK 109 requires a loss allowance to be recognized at an
kerugian kredit ekspektasian (Expected Credit Loss/ ECL) 12 amount equal to either 12-month Expected Credit Loss or
bulan (12-month ECL) atau kerugian kredit ekspektasian lifetime ECLs. Lifetime ECLs are the ECLs that result from all
sepanjang umur aset keuangan (lifetime ECL). Lifetime ECL possible default events over the expected life of a financial
adalah kerugian kredit ekspektasian yang berasal dari semua instrument, whereas 12-month ECLs are the portion of ECLs
kemungkinan kejadian gagal bayar sepanjang umur that result from default events that are possible within the 12
ekspektasian suatu instrumen keuangan, sedangkan ECL 12 months after reporting date.
bulan adalah porsi dari kerugian kredit ekspektasian yang
berasal dari kemungkinan kejadian gagal bayar dalam 12 bulan
setelah tanggal pelaporan.
Grup mengakui cadangan kerugian untuk ECL pada instrumen The Group recognizes loss allowances for ECL on the
keuangan berikut yang tidak diukur pada FVTPL: following financial instruments that are not measured at
- Aset keuangan yang merupakan instrument utang; FVTPL:
- Financial assets that are debt instruments;
- Kontrak jaminan keuangan yang diterbitkan; dan - Kontrak jaminan keuangan yang diterbitkan; dan
- Komitmen pinjaman diberikan. - Loan commitments issued.
Pada setiap tanggal pelaporan, Grup akan mengukur cadangan At each reporting date, the Group shall measure the loss
kerugian instrumen keuangan sejumlah kerugian kredit allowance for a financial instrument at an amount equal to the
ekspektasian sepanjang umur (lifetime) instrumen keuangan, lifetime credit losses, if the credit risk on that financial
jika risiko kredit atas instrumen keuangan tersebut telah instrument has increased significantly since initial recognition.
meningkat secara signifikan sejak pengakuan awal. Grup akan The Group will recognize loss allowances at an amount equal
mengakui cadangan kerugian sejumlah lifetime ECL, kecuali to lifetime ECLs, except in the following cases, for which the
dalam kondisi berikut, dimana cadangan kerugian sejumlah ECL amount recognized will be 12-month ECLs:
12 bulan yang akan diakui:
- Instrumen keuangan dengan risiko kredit rendah atau - The financial instruments with low credit risk when its
ekuivalen dengan tingkat risiko negara Republik credit risk rating is equivalent to the sovereign risk rating
Indonesia; dan of Republic of Indonesia; and
- Risiko kredit instrumen keuangan yang belum meningkat - Financial instruments for which credit risk has not
secara signifikan sejak pengakuan awal. increased significantly since initial recognition.
Ketentuan-ketentuan penurunan nilai menurut PSAK 109 adalah The impairment requirements of PSAK 109 are complex and
kompleks dan memerlukan pertimbangan-pertimbangan, require management judgments, estimates and assumptions,
estimasi-estimasi dan asumsi-asumsi manajemen, terutama particularly in the following areas:
untuk area-area berikut ini:
- Evaluasi apakah risiko kredit dari suatu instrumen telah - Assessing whether the credit risk of an instrument has
meningkat secara signifikan sejak pengakuan awal; dan increased significantly since initial recognition; and
- Memasukkan informasi yang bersifat forward-looking - Incorporating forward-looking information into the
dalam pengukuran ECL. measurement of ECLs.
Grup menganggap sekuritas investasi pemerintah dalam mata The Group considers an IDR denominated government
uang Rupiah dan dana yang ditempatkan pada Bank Indonesia investment securities and funds placed with Bank Indonesia
memiliki risiko kredit yang rendah, karena pokok dan bunga are having low credit risk, since the principal and interest of
investasi pemerintah tersebut dijamin oleh pemerintah dan tidak government bond are guaranteed by the government and
ada kerugian yang pernah terjadi. Grup tidak menerapkan there is no historical loss experience. The Group does not
pengecualian risiko kredit yang rendah untuk instrumen apply the low credit risk exemption to any other financial
keuangan lainnya. instruments.
ECL 12 bulan adalah bagian dari ECL yang dihasilkan dari 12-month ECL is the portion of ECL resulted from default
kejadian gagal bayar pada instrumen keuangan yang mungkin events on a financial instrument that are possible within the 12
terjadi dalam 12 bulan setelah tanggal pelaporan. Instrumen months after the reporting date. Financial instruments for
keuangan yang diakui dari ECL 12 bulan disebut sebagai which a 12-month ECL is recognized are referred to as “Stage
“instrumen keuangan stage 1”. 1 financial instruments”.
33
Page 684
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Penurunan nilai aset keuangan (lanjutan) Impairment of financial assets (continued)
Kerugian kredit ekspektasian sepanjang umur aset keuangan Life-time ECL is the ECL resulted from all possible default
adalah kerugian kredit ekspektasian yang dihasilkan dari semua events over the expected life of the financial instrument.
kejadian gagal bayar yang mungkin terjadi selama perkiraan Financial instruments for which a lifetime ECL is recognized
umur instrumen keuangan. Instrumen keuangan yang diakui dari but which are not credit-impaired are referred to as “Stage 2
kerugian kredit ekspektasian sepanjang umur aset keuangan financial instruments”.
tetapi tidak mengalami penurunan nilai kredit disebut sebagai
“instrumen keuangan stage 2”.
Pengukuran ECL Measurement of ECL
ECL adalah estimasi kemungkinan kerugian kredit berdasarkan ECL is a probability-weighted estimate of credit losses. It is
probabilitas tertimbang. ECL diukur sebagai berikut: measured as follows:
- Aset keuangan yang tidak mengalami penurunan nilai - Financial assets that are not credit-impaired at the
pada tanggal pelaporan: sebesar nilai kini dari seluruh reporting date: as the present value of all cash shortfalls
kekurangan kas (yaitu perbedaan antara arus kas terutang (i.e. the difference between the cash flows due to the
sesuai dengan kontrak dan arus kas yang diperkirakan entity in accordance with the contract and the cash flows
akan diterima oleh Grup); that the Group expects to receive);
- Aset keuangan yang mengalami penurunan nilai kredit - Financial assets that are credit-impaired at the reporting
pada tanggal pelaporan: sebagai perbedaan antara nilai date: as the difference between the gross carrying
tercatat bruto dan nilai kini dari estimasi arus kas masa amount and the present value of estimated future cash
depan; flows;
- Komitmen pinjaman yang belum ditarik: sebagai nilai kini - Undrawn loan commitments: as the present value of the
dari selisih antara arus kas kontraktual terutang kepada difference between the contractual cash flows that are
Grup jika komitmen direalisasi menjadi pinjaman dan arus due to the Group if the commitment is drawn-down and
kas yang diperkirakan akan diterima oleh Grup; dan the cash flows that the Group expects to receive; and
- Kontrak jaminan keuangan: pembayaran yang - Financial guarantee contracts: the expected payments
diperkirakan akan dibayarkan kepada pemegang kontrak to reimburse the holder less any amounts that the Group
jaminan keuangan dikurangi jumlah yang diperkirakan expects to recover.
dapat dipulihkan oleh Grup.
Aset keuangan yang mengalami penurunan nilai kredit Credit impaired financial assets
Pada setiap tanggal pelaporan, Grup menilai apakah aset At each reporting date, the Group assesses whether financial
keuangan yang dicatat pada biaya perolehan diamortisasi dan assets carried at amortized cost and debt financial assets
aset keuangan dalam bentuk efek utang yang dicatat pada carried at FVOCI are credit-impaired (referred to as “Stage 3
FVOCI mengalami penurunan nilai kredit (disebut sebagai “aset financial assets”). A financial asset is “credit-impaired” when
keuangan stage 3”). Aset keuangan mengalami penurunan nilai one or more events that have a detrimental impact on the
ketika satu atau lebih peristiwa yang memiliki dampak buruk estimated future cash flows of the financial asset have
pada perkiraan arus kas masa depan dari aset keuangan telah occurred.
terjadi.
Berikut adalah rangkuman data yang dapat diobservasi sebagai Evidence that a financial asset is credit-impaired includes the
bukti bahwa aset keuangan mengalami penurunan nilai: following observable data:
- Kesulitan keuangan yang signifikan dari debitur atau - Significant financial difficulty of the borrower or issuer;
penerbit;
- Pelanggaran kontrak seperti gagal bayar atau tunggakan; - A breach of contract such as a default or past due
event;
- Restrukturisasi pinjaman oleh Grup dengan ketentuan - The restructuring of loan by the Group on terms that the
yang Grup tidak akan pertimbangkan sebelumnya; Group would not consider otherwise;
- Kemungkinan bahwa peminjam akan mengalami - It is becoming probable that the borrower will enter
kebangkrutan atau reorganisasi keuangan lainnya; atau bankruptcy or other financial reorganization; or
Berikut adalah rangkuman data yang dapat diobservasi sebagai Evidence that a financial asset is credit-impaired includes the
bukti bahwa aset keuangan mengalami penurunan nilai: following observable data:
- Hilangnya dari pasar aktif suatu efek dikarenakan - The disappearance of an active market for a securities
kesulitan keuangan. because of financial difficulties.
34
Page 685
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Aset keuangan yang mengalami penurunan nilai kredit (lanjutan) Credit impaired financial assets (continued)
Pinjaman yang telah dinegosiasikan ulang karena memburuknya A loan that has been renegotiated due to a deterioration in the
kondisi peminjam biasanya dianggap mengalami penurunan nilai borrower’s condition is usually considered to be credit-
kredit, kecuali ada bukti bahwa risiko tidak menerima arus kas impaired, unless there is evidences that the risk of not
kontraktual berkurang secara signifikan dan tidak ada indikator receiving contractual cash flows has reduced significantly and
penurunan nilai lainnya. Selain itu, pinjaman ritel yang jatuh there are no other indicators of impairment. In addition, a retail
tempo selama 90 hari atau lebih dianggap mengalami penurunan loan that is overdue for 90 days or more is considered credit-
nilai kredit meskipun definisi gagal bayar menurut peraturan impaired even when the regulatory definition of default is
berbeda. different.
Cadangan kerugian untuk ECL disajikan dalam laporan posisi Loss allowances for ECL are presented in the consolidated
keuangan konsolidasian sebagai berikut ini: statement of financial position as follows:
- Aset keuangan diukur pada biaya perolehan diamortisasi: - Financial assets measured at amortized cost: as a
sebagai pengurang dari nilai tercatat bruto aset; deduction from the gross carrying amount of the assets;
- Komitmen pinjaman dan kontrak jaminan keuangan: - Loan commitments and financial guarantee contracts:
umumnya, sebagai provisi; generally, as a provision;
- Jika instrumen keuangan mencakup komponen yang telah - Where a financial instrument includes both a drawn and
ditarik dan yang belum ditarik, dan Grup tidak dapat an undrawn component, and the Group cannot identify
mengidentifikasi ECL pada komponen komitmen pinjaman the ECL on the loan commitment component separately
secara terpisah dari komponen yang telah ditarik: Grup from those on the drawn component: the Group
menyajikan cadangan kerugian gabungan untuk kedua presents a combined loss allowance for both
komponen. Jumlah gabungan cadangan kerugian components. The combined amount is presented as a
disajikan sebagai pengurang dari nilai tercatat bruto deduction from the gross carrying amount of the drawn
komponen yang telah ditarik. Kelebihan dari cadangan component. Any excess of the loss allowance over the
kerugian atas nilai tercatat komponen yang telah ditarik gross carrying amount of the drawn component is
disajikan sebagai provisi; dan presented as a provision; and
- Instrumen utang diukur pada FVOCI: tidak ada cadangan - Debt instruments measured at FVOCI: no loss
kerugian diakui sebagai pengurang nilai tercatat aset allowance is recognized as deduction to the carrying
keuangan karena nilai tercatat dari aset-aset ini adalah amount of the financial asset due to the carrying amount
pada nilai wajar. Namun, cadangan kerugian kredit diakui of these assets is their fair value. However, the credit
sebagai bagian dari cadangan nilai wajar dalam loss allowance is recognized as part of fair value
penghasilan komprehensif lain. reserve in other comprehensive income.
Penghapusan Write off
Pinjaman dan efek utang dihapuskan (baik sebagian atau Loans and debt securities are written off (either partially or in
seluruhnya) ketika tidak ada harapan yang wajar untuk full) when there is no reasonable expectation of recovering a
memulihkan aset keuangan secara keseluruhan atau sebagian. financial asset in its entirety or a portion thereof. This is
Hal ini biasanya terjadi ketika Grup memastikan bahwa debitur generally the case when the Group determines that the
tidak memiliki aset atau sumber pendapatan yang dapat borrower does not have assets or sources of income that could
menghasilkan arus kas yang cukup untuk membayar jumlah generate sufficient cash flows to repay the amounts subject to
pinjaman yang akan dihapusbukukan. Penilaian ini dilakukan the write-off. This assessment is carried out at the individual
pada tingkat aset individu. asset level.
Pemulihan atas jumlah pinjaman yang sebelumnya Recoveries of amounts previously written-off are included in
dihapusbukukan termasuk dalam ”pendapatan lain-lain” dalam “other income” in the consolidated statement of profit or loss
laporan laba rugi dan penghasilan komprehensif lain and other comprehensive income.
konsolidasian.
Aset keuangan yang dihapusbukukan masih diusahakan Financial assets that are written-off could still be subject to
penagihannya sesuai prosedur Grup untuk pemulihan jumlah enforcement activities in order to comply with the Group
yang terutang. procedures for recovery of amounts due.
35
Page 686
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Peningkatan risiko kredit secara signifikan Significant increase in credit risk
Dalam PSAK 109, ketika menentukan apakah risiko kredit atas Under PSAK 109, when determining whether the credit risk of
suatu instrumen keuangan telah meningkat secara signifikan a financial instrument has increased significantly since initial
sejak pengakuan awal, Grup akan mempertimbangkan informasi recognition, The Group will consider reasonable and
yang wajar dan terdukung yang relevan dan tersedia tanpa biaya supportable information that is relevant and available without
atau upaya yang berlebihan, termasuk informasi kuantitatif dan undue cost or effort, including both quantitative and qualitative
kualitatif dan analisa berdasarkan pengalaman masa lalu Grup, information and analysis based on the Group historical
penilaian kredit dan informasi yang bersifat forward-looking. experience, credit assessment and forward-looking
information.
Analisa apakah risiko kredit telah meningkat secara signifikan Assessing whether credit risk has increased significantly since
sejak pengakuan awal instrumen keuangan memerlukan initial recognition of financial instrument requires identifying the
identifikasi tanggal pengakuan awal dari instrumen tersebut. date of initial recognition of the instrument.
Grup telah membentuk kerangka yang memasukkan informasi The Group has established a framework that incorporates both
kuantitatif dan kualitatif untuk menentukan apakah risiko kredit quantitative and qualitative information to determine whether
dari suatu instrumen keuangan telah meningkat secara signifikan the credit risk on a financial instrument has increased
sejak pengakuan awal. Kerangka ini sejalan dengan internal significantly since initial recognition. The framework aligns with
proses manajemen risiko kredit Grup. Kriteria untuk menentukan the Group internal credit risk management process. The
apakah risiko kredit telah meningkat secara signifikan akan criteria for determining whether credit risk has increased
bervariasi berdasarkan portofolio. significantly will vary by portfolio.
Sebagai batas, sesuai dengan yang disyaratkan oleh PSAK 109, As a limit, and as required by PSAK 109, the Group consider
Grup menentukan kenaikan risiko kredit secara signifikan pada that a significant increase in credit risk of retail portfolio occurs
portofolio ritel terjadi pada saat aset telah tertunggak lebih dari when an asset is more than 30 days past due.
30 hari.
Input yang digunakan untuk pengukuran ECL Input into measurement of ECLs
Input utama yang digunakan untuk pengukuran ECL adalah The key inputs into the measurement of ECLs are the following
variabel berikut: variables:
- Probability of Default (PD); - Probability of Default (PD)
- Loss Given Default (LGD); dan - Loss Given Default (LGD); and
- Exposure At Default (EAD). - Exposure At Default (EAD).
Peringkat risiko kredit akan menjadi masukan utama untuk Credit risk grades will be a primary input into the determination
menentukan PD atas eksposur. Grup akan menggunakan model of the term structure of PD for exposures. The Group will
statistik untuk menganalisa data yang telah dikumpulkan dan employ statistical models to analyze the data collected and
menghasilkan estimasi PD sepanjang sisa umur dari eskposur generate estimates of the remaining lifetime PD of exposures
dan bagaimana perubahan ekspektasian akan terjadi dalam and how these are expected to change as a result of the
suatu kurun waktu. Analisa ini akan termasuk identifikasi dan passage of time. This analysis will include the identification
kalibrasi atas hubungan antara perubahan tingkat gagal bayar and calibration of relationships between changes in default
dan perubahan faktor utama makro ekonomi, sebagai rates and changes in key macro-economic factors, for
contohnya: tingkat inflasi, pertumbuhan Produk Domestik Bruto example: CPI inflation, real Gross Domestic Products (GDP)
(PDB), suku bunga acuan dan tingkat pengangguran. growth, benchmark interest rates and unemployment rate.
Konsep dari LGD adalah menggabungkan semua pemulihan dari The concept of LGD is incorporating all recoveries from a
proses penagihan yang telah selesai menjadi tingkat kerugian completed collection process into loss rate which would reflect
yang mencerminkan biaya penagihan dan nilai waktu atas the collection cost and the time value on loss rate. The data of
tingkat kerugian. Data pemulihan yang dikumpulkan adalah recoveries are collected based on recoveries received by the
jumlah pemulihan yang diterima oleh Grup dari akun non- Group from the non-performing loan account that has been
performing loan yang telah dihapusbukukan atau telah lunas written-off or fully repaid/settled.
dibayar/diselesaikan.
36
Page 687
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Input yang digunakan untuk pengukuran ECL (lanjutan) Input into measurement of ECLs (continued)
EAD merupakan eksposur ekspektasian pada saat terjadi gagal EAD represents the expected exposure in the event of a
bayar. Grup akan mendapatkan nilai EAD berdasarkan eksposur default. The Group will derive the EAD from the current
terhadap pihak lawan saat ini dan kemungkinan perubahan exposure to the counterparty and potential changes to the
terhadap eksposur saat ini berdasarkan kontrak, termasuk current amount allowed under the contract, including
amortisasi dan pelunasan dipercepat. EAD dari aset keuangan amortization, and prepayments. The EAD of a financial asset
adalah nilai tercatat bruto saat gagal bayar. Untuk komitmen will be the gross carrying amount at default. For lending
pinjaman dan kontrak jaminan keuangan, nilai EAD akan commitments and financial guarantees, the EAD will consider
mempertimbangkan jumlah yang telah ditarik, dan potensial the amount drawn, as well as potential future amounts that
jumlah yang akan ditarik di masa depan atau dibayarkan sesuai may be drawn or repaid under the contract.
dengan kontrak.
Penurunan nilai atas aset non-produktif Impairment of non-productive assets
Penyesuaian atas penyisihan penghapusan aset non-produktif Adjustments to the allowance for losses on non-productive
dicatat dalam periode dimana penyesuaian tersebut diketahui assets are reported in the year that such adjustments become
atau dapat ditaksir secara wajar. Termasuk di dalam known or can be reasonably estimated. These adjustments
penyesuaian ini adalah penambahan penyisihan penghapusan include additional allowance for losses as well as recoveries of
aset non-produktif maupun pemulihan aset non-produktif yang previously written-off non-productive assets.
telah dihapusbukukan sebelumnya.
Aset non-produktif dihapusbukukan dengan mengurangi Non-productive assets are written-off against the respective
penyisihan penghapusan yang bersangkutan apabila menurut allowance for losses when management believes that the
manajemen aset tersebut tidak mungkin dipulihkan lagi. recoverability of those assets is unlikely.
Penyisihan kerugian aset produktif dan aset non-produktif - Allowance for possible losses of earning assets and non-
produk perbankan Syariah earning assets - Sharia banking product
Entitas Anak dan Unit Usaha Syariah membentuk penyisihan The Subsidiaries and Sharia Business Unit has provided the
kerugian atas aset produktif dan aset non-produktif berdasarkan allowance for possible losses on earning assets and non-
penelaahan manajemen terhadap kualitas aset produktif dan earning assets based on management’s review of the quality
aset non-produktif tersebut pada tiap akhir tahun, evaluasi of these earning assets and non-earning assets at the end of
manajemen atas prospek usaha, kinerja keuangan dan each year, and management evaluation of every debtor’s
kemampuan membayar setiap debitur. Serta mempertimbangkan business prospect, financial performance and repayment
juga hal-hal lain seperti klasifikasi berdasarkan hasil ability. Moreover, the allowance also considers other things
pemeriksaan Otoritas Jasa Keuangan, klasifikasi yang such as classification based on Financial Services Authority
ditetapkan oleh bank umum lainnya atas aset produktif yang audit results, classification determined by either commercial
diberikan oleh lebih dari satu bank dan ketersediaan laporan banks on earning assets provided by more than one bank and
keuangan debitur yang telah diaudit. availability of debtor’s audited financial statements.
Untuk tujuan evaluasi penurunan nilai kolektif atas piutang dan For the purpose of evaluating the collective impairment on
pembiayaan yang diberikan sebagaimana diwajibkan oleh Bank receivables and financing, as required by Bank Indonesia
Indonesia sesuai dengan Surat Edaran Bank Indonesia based on Circular Letter Bank Indonesia No.15/26/DPbS dated
No.15/26/DPbS tanggal 10 Juli 2013, PSAK 402 dan Surat July 10, 2013, PSAK 402 and Financial Services Authority’s
Otoritas Jasa Keuangan (OJK) No.S-159/PB.13/2014 tertanggal letter No.S-159/PB.13/2014 dated December 3, 2014,
3 Desember 2014, perihal tanggapan atas usulan ASBISINDO, concerning the respond of ASBISINDO’s proposal, in adopting
untuk penerapan pertama kali PSAK 402 dan PAPSI (revisi of PSAK 402 and PAPSI (revised 2013). The Group applies
2013). Grup menerapkan ketentuan transisi penurunan nilai the transition rule for collective impairment with the calculation
secara kolektif dengan menggunakan estimasi yang didasarkan based on the applicable Bank Indonesia’s regulation on the
pada ketentuan Bank Indonesia yang berlaku Penilaian Kualitas Quality Rating of assets of Commercial Bank which conduct
Aktiva Bank Umum yang Melaksanakan Kegiatan Usaha Business Based on Sharia Principles.
Berdasarkan Prinsip Syariah.
Dalam evaluasi penurunan nilai terhadap piutang murabahah The evaluation of impairment of murabahah receivables is
dilakukan secara periodik pada setiap tanggal laporan keuangan done periodically on every consolidated financial statement
konsolidasian, untuk memastikan metodologi dan asumsi yang date, to ensure methodology and assumptions are reliable,
digunakan dapat diandalkan, serta meminimalkan perbedaan and to reduce difference between estimated losses amount
antara estimasi jumlah kerugian dengan jumlah kerugian aktual. and actual losses amount.
37
Page 688
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Penyisihan kerugian aset produktif dan aset non-produktif - Allowance for possible losses of earning assets and non-
produk perbankan Syariah (lanjutan) earning assets - Sharia banking product (continued)
Penyisihan kerugian penurunan nilai secara individual dihitung Allowance for impairment losses is calculated individually by
dengan menggunakan metode diskonto arus kas (discounted using discounted cash flows method. Murabahah receivables
cash flows ). Piutang murabahah yang telah mengalami that has been impaired is recognized based on amount that
penurunan nilai dicatat berdasarkan jumlah yang didiskonto are discounted (discounted value) and not based on net book
(discounted value ) dan bukan berdasarkan nilai buku, karena value, because the amount of murabahah receivables that had
tidak akan dapat diperoleh kembali seluruh jumlah piutang been given to debtors are unable to be fully recovered. The
murabahah yang telah diberikan kepada debitur. Jumlah yang amount of discounted value is obtained by estimating the
didiskonto (discounted value ) diperoleh dengan mengestimasi future cash flows (includes payment of principles and margin)
arus kas masa datang (mencakup pembayaran pokok dan that is discounted at effective margin.
marjin) didiskonto menggunakan marjin efektif.
Sedangkan penyisihan kerugian penurunan nilai atas aset Allowance for impairment losses on financial assets are
keuangan yang dinilai secara kolektif berdasarkan pengalaman collectively evaluated on the basis of historical loss
kerugian yang lalu (historical loss experience ). Historical loss experience. Historical loss experience is adjusted on the basis
experience disesuaikan menggunakan dasar data yang dapat of current observable data to reflect the effects of current
diobservasi untuk mencerminkan efek dari kondisi saat ini conditions affecting the Group and to remove the past effects
terhadap Grup dan menghilangkan efek dari masa lalu yang of conditions in the historical period that no longer valid.
sudah tidak berlaku saat ini.
Entitas Anak dan Unit Usaha Syariah menggunakan roll rate The Subsidiaries and Sharia Business Unit uses roll rate
analysis method untuk menilai penyisihan kerugian penurunan analysis method to assess the allowance for impairment
nilai aset. Entitas Anak dan Unit Usaha Syariah menggunakan losses. The Subsidiaries and Sharia Business Unit uses
data historis selama 3 (tiga) tahun dalam perhitungan Probability historical data in the 3 (three) years in calculating the
of Default ( PD) dan menggunakan data historis selama 3 (tiga) Probability of Default (PD) and also using those 3 (three) years
tahun untuk Loss Given Default ( LGD). of historical data to compute for the Loss Given Default (LGD).
Pengelompokan karakteristik risiko pembiayaan digolongkan The classification characteristics of risk loan is classified
berdasarkan pembiayaan murabahah dan dilakukan evaluasi based on Bank Wide murabahah financing and is evaluated
(loan review ) setiap 1 (satu) tahun sekali. every 1 (one) year.
Dalam menentukan penyisihan kerugian (selain piutang In determining the allowance for losses (except murabahah
murabahah) dan peringkat kualitas aset, Entitas Anak dan Unit receivables) and asset quality rating, the Subsidiaries and
Usaha Syariah menerapkan PBI No.8/21/PBI/2006 tanggal 5 Sharia Business Unit applies PBI No.8/21/PBI/2006 dated
Oktober 2006 yang mana dalam pasal-pasal tertentu telah October 5, 2006 wherein certain articles have been amended
diubah dengan PBI No.9/9/2007 tanggal 18 November 2007 dan by PBI No.9/9/2007 dated November 18, 2007 and PBI
PBI No.10/24/PBI/2008 tanggal 16 Oktober 2008 serta PBI No.10/24/PBI/2008 dated October 16, 2008 and
No.13/13/PBI/2011 tanggal 24 Maret 2011 tentang Penilaian No.13/13/PBI/2011 dated March 24, 2011 regarding Asset
Kualitas Aset Bank Umum yang melaksanakan Kegiatan Usaha Quality Rating for Commercial Banks Conducting Business
Berdasarkan Prinsip Syariah dalam menentukan kerugian Based on Sharia Principles for determination of impairment
penurunan nilai. losses.
Penyisihan kerugian minimum atas aset produktif adalah sebagai Minimum allowance for possible losses on earning assets is as
berikut: follows:
Persentase minimum penyisihan kerugian/
Minimum percentage of allowance for impairment losses
Lancar *) Minimum 1% Current *)
Dalam perhatian khusus Minimum 5% Special mention
Kurang lancar Minimum 15% Sub-standard
Diragukan Minimum 50% Doubtful
Macet 100% Loss
*) Di luar Fasilitas Simpanan Bank Indonesia Syariah, Sertifikat Bank Indonesia *) Excluding Deposit Facilities of Bank Indonesia Sharia, Certificates of Bank
Syariah dan surat berharga yang diterbitkan Pemerintah berdasarkan prinsip Indonesia Sharia and marketable securities sharia and earning assets
syariah aset produktif dengan agunan tunai. secured by cash collateral.
38
Page 689
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Penyisihan kerugian aset produktif dan aset non-produktif - Allowance for possible losses of earning assets and non-
produk perbankan Syariah (lanjutan) earning assets - Sharia banking product (continued)
Penyisihan khusus terhadap kredit bermasalah dihitung Specific provisions for non-performing loans were calculated
berdasarkan kemampuan debitur dalam membayar utang. based on the borrower's debt servicing capacity. Specific
Penyisihan khusus dibentuk ketika timbul keraguan akan provisions were made as soon as the debt servicing of the
kemampuan debitur dalam membayar dan menurut loan is questionable and management considers that the
pertimbangan manajemen, estimasi jumlah yang akan diperoleh estimated recovery from the borrower was likely to fall short
kembali dari debitur berada di bawah jumlah pokok dan bunga from the amount of principal and interest outstanding.
kredit yang belum terbayar.
Penyisihan kerugian penurunan nilai aset non-keuangan Allowance for impairment losses on non-financial assets
Aset yang memiliki masa manfaat yang tidak terbatas - misalnya Assets that have an indefinite useful life - for example, goodwill
goodwill atau aset takberwujud yang belum siap digunakan - or intangible assets not ready for use - are not subject to
tidak diamortisasi namun diuji penurunan nilainya setiap tahun, amortisation but tested annually for impairment, or more
atau lebih sering apabila terdapat peristiwa atau perubahan pada frequently if events or changes in circumstances indicate that
kondisi yang mengindikasikan kemungkinan penurunan nilai. they might be impaired. Assets that are subject to amortisation
Aset yang diamortisasi diuji ketika terdapat indikasi bahwa nilai are reviewed for impairment whenever events or changes in
tercatatnya mungkin tidak dapat dipulihkan. Penurunan nilai circumstances indicate that the carrying amount may not be
diakui jika nilai tercatat aset melebihi jumlah terpulihkan. Jumlah recoverable. An impairment loss is recognised for the amount
terpulihkan adalah yang lebih tinggi antara nilai wajar aset by which the asset’s carrying amount exceeds its recoverable
dikurangi biaya untuk menjual dan nilai pakai aset. Dalam amount. The recoverable amount is the higher of an asset’s
menentukan penurunan nilai, aset dikelompokkan pada tingkat fair value less costs to sell and value in use. For the purposes
yang paling rendah di mana terdapat arus kas masuk yang dapat of assessing impairment, assets are grouped at the lowest
diidentifikasi, yang sebagian besar tidak tergantung pada arus levels for which there are separately identifiable cash inflows,
masuk kas dari aset lain atau kelompok aset (unit penghasil which are largely independent of the cash inflows from other
kas). Aset non-keuangan selain goodwill yang mengalami assets or group of assets (cash generating units). Non-
penurunan nilai diuji setiap tanggal pelaporan untuk menentukan financial assets other than goodwill that suffer impairment are
apakah terdapat kemungkinan pemulihan penurunan nilai. reviewed for possible reversal of the impairment at each
reporting date.
Pemulihan rugi penurunan nilai, untuk aset selain goodwill Reversal on impairment loss for assets other than goodwill
diakui jika, dan hanya jika, terdapat perubahan estimasi yang would be recognised if, and only if, there has been a change in
digunakan dalam menentukan jumlah terpulihkan aset sejak the estimates used to determine the asset’s recoverable
pengujian penurunan nilai terakhir kali. Pembalikan rugi amount since the last impairment test was carried out.
penurunan nilai tersebut diakui segera dalam laba rugi, kecuali Reversal on impairment losses will be immediately recognised
aset yang disajikan pada jumlah revaluasian sesuai dengan on profit or loss, except for assets measured using the
PSAK lain. Rugi penurunan nilai yang diakui atas goodwill tidak revaluation model as required by other PSAK. Impairment
dibalik lagi. losses relating to goodwill would not be reversed.
p. Biaya dibayar dimuka p. Prepaid expenses
Biaya dibayar dimuka diamortisasi selama masa manfaat masing- Prepaid expenses are amortized over the beneficial periods
masing biaya dengan menggunakan metode garis lurus. using the straight-line method.
q. Penyertaan saham q. Investment in shares
Penyertaan saham terdiri dari investasi jangka panjang Investments in shares represent long-term investments
terutama pada perusahaan non-publik dan penyertaan mostly in non-publicly-listed companies and temporary
sementara hasil restrukturisasi kredit pada perusahaan investments from loan restructuring in debtor companies
debitur yang timbul akibat konversi kredit yang diberikan. arising from conversion of loans.
Penyertaan saham untuk tujuan investasi dengan kepemilikan di Investments in shares under 20% and with no significant
bawah 20% dan tidak terdapat pengaruh signifikan control are financial assets classified as fair value through
merupakan aset keuangan yang diklasifikasikan sebagai nilai profit/loss or amortised cost. Refer to Note 2e for the
wajar melalui laba rugi atau biaya perolehan diamortisasi. Lihat accounting policy for fair value through profit/loss or
Catatan 2e untuk kebijakan akuntansi atas nilai wajar amortised cost.
melalui laba rugi dan biaya perolehan diamortisasi.
39
Page 690
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
r. Aset tetap r. Fixed assets
Aset tetap, kecuali tanah, dicatat sebesar harga perolehan Fixed assets, except land, are recorded at cost less
dikurangi akumulasi penyusutan. Biaya perolehan termasuk accumulated depreciation. Such cost includes the cost of
biaya penggantian bagian aset tetap saat biaya tersebut terjadi, replacing part of fixed assets when that cost is incurred, if the
jika memenuhi kriteria pengakuan. Selanjutnya, pada saat recognition criteria are met. Likewise, when a major inspection
inspeksi yang signifikan dilakukan, biaya inspeksi itu diakui ke is performed, its cost is recognized in the carrying amount of
dalam jumlah tercatat (“carrying amount” ) aset tetap sebagai fixed assets as a replacement if the recognition criteria are
suatu penggantian jika memenuhi kriteria pengakuan. Semua satisfied. All other repairs and maintenance costs that do not
biaya pemeliharaan dan perbaikan yang tidak memenuhi kriteria meet the recognition criteria are recognized in the consolidated
pengakuan diakui dalam laporan laba rugi dan penghasilan statements of profit or loss and other comprehensive income
komprehensif lain konsolidasian pada saat terjadinya. as incurred.
Biaya pengurusan hak legal atas tanah ketika tanah diperoleh Costs relating to the acquisition of legal titles on the land rights
pertama kali diakui sebagai bagian dari biaya perolehan tanah. are recognised as part of acquisition cost of land. The costs of
Biaya perpanjangan atau pembaruan hak legal atas tanah extension or renewal of legal titles on the land rights are
dibebankan dalam laba rugi konsolidasian pada saat terjadinya charged to consolidated profit or loss as incurred because the
karena nilainya tidak material. amount is not material.
Golongan bangunan disusutkan dengan menggunakan metode Buildings are depreciated using the straight-line method based
garis lurus (straight-line method ) berdasarkan taksiran masa on an estimated economic useful life of 10 (ten) to 20 (twenty)
manfaat ekonomis 10 (sepuluh) sampai dengan 20 (dua puluh) years. Other fixed assets are depreciated based on the
tahun. Aset tetap lainnya disusutkan berdasarkan taksiran masa estimated economic useful lives of the assets, which range
manfaat ekonomis aset yang berkisar antara 4 (empat) sampai from 4 (four) to 8 (eight) years, using the double-declining
dengan 8 (delapan) tahun dengan menggunakan metode saldo balance method for the parent entity and the subsidiary
menurun ganda (double-declining balance method ) untuk entitas (BSTR), and the straight-line method for subsidiaries (NTBS,
induk dan entitas anak (BSTR), dan metode garis lurus (straight- BNTT, and BLAM). The impact of these differences in
line method ) untuk entitas anak (NTBS, BNTT, dan BLAM). depreciation methods is immaterial to the consolidated
Pengaruh perbedaan metode penyusutan tersebut tidak material financial statements. For all fixed assets, the Group assumes a
terhadap laporan keuangan konsolidasian. Untuk semua aset residual value of nil for depreciation calculations.
tetap, Grup menetapkan nilai residu nihil untuk perhitungan
penyusutan.
Entitas induk (Parent entity )
Masa manfaat/ Useful lives Metode penyusutan/ Depreciation method
Bangunan 20 tahun/ years Garis lurus/ Straight line Buildings
Peralatan kantor 4-8 tahun/ years Saldo menurun ganda/ Double declining balance Office equipment
Kendaraan 4-8 tahun/ years Saldo menurun ganda/ Double declining balance Motor vehichles
Entitas Anak/ Subsidiaries (NTBS, BNTT, dan/and BLAM)
Masa manfaat/ Useful lives Metode penyusutan/ Depreciation method
Bangunan 20 tahun/ years Garis lurus/ Straight line Buildings
Peralatan kantor 4-16 tahun/ years Garis lurus/ Straight line Office equipment
Kendaraan 4-8 tahun/ years Garis lurus/ Straight line Motor vehichles
Entitas Anak/ Subsidiaries (BSTR)
Masa manfaat/ Useful lives Metode penyusutan/ Depreciation method
Bangunan 10-20 tahun/ years Garis lurus/ Straight line Buildings
Peralatan kantor 4-8 tahun/ years Saldo menurun ganda/ Double declining balance Office equipment
Kendaraan 4-8 tahun/ years Saldo menurun ganda/ Double declining balance Motor vehichles
Peralatan kantor terdiri dari perabotan dan perlengkapan, Office equipment consists of furniture and fixtures, installation,
instalasi, perangkat lunak dan perangkat keras komputer, computer software and hardware, communication and other
peralatan komunikasi dan peralatan kantor lainnya. office equipment.
Tanah awalnya dinyatakan berdasarkan harga perolehan dan Land initially stated at cost and is not depreciated. After initial
tidak disusutkan. Setelah pengakuan awal, tanah diukur pada recognition, land is measured at fair value on the date of the
nilai wajar pada tanggal revaluasi dikurangi akumulasi rugi revaluation less any accumulated impairment losses after the
penurunan nilai setelah tanggal revaluasi. Penilaian dilakukan date of revaluation. The valuation is conducted regularly to
secara berkala untuk memastikan bahwa jumlah tercatat tanah ensure that the carrying amount of land does not differ
tidak berbeda secara material dengan jumlah yang ditentukan materially from the amount determined using fair value at the
dengan menggunakan nilai wajarnya pada akhir periode end of the reporting period (Note 16).
pelaporan (Catatan 16).
40
Page 691
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
r. Aset tetap (lanjutan) r. Fixed assets (continued)
Kenaikan nilai tercatat yang timbul dari revaluasi dicatat sebagai The increase in the carrying amount arising from the
“Surplus Revaluasi Aset Tetap”, dan disajikan dalam revaluation is recorded as "Surplus Revaluation of Fixed
penghasilan komprehensif lain. Namun, kenaikan tersebut diakui Assets", and are presented in other comprehensive income.
dalam laba rugi hingga sebesar jumlah penurunan nilai aset However, the increase is recognized in profit or loss up to the
yang sama akibat revaluasi yang pernah dilakukan sebelumnya amount of impairment of the similar assets due to revaluation
dalam laba rugi. Penurunan nilai tercatat yang timbul dari that was done before in profit or loss. The decrease in the
revaluasi diakui dalam laba rugi. carrying amount arising from the revaluation is recognized in
profit or loss.
Jumlah tercatat aset tetap dihentikan pengakuannya pada saat Carrying amount of fixed assets is derecognized upon disposal
dilepaskan atau saat tidak ada manfaat ekonomis masa depan or when no future economic benefits are expected from its use
yang diharapkan dari penggunaan atau pelepasannya. Laba or disposal. Any gain or loss arising on derecognition of the
atau rugi yang timbul dari penghentian pengakuan aset (dihitung asset (calculated as the difference between the net disposal
sebagai perbedaan antara jumlah bersih hasil pelepasan dan proceeds and the carrying amount of the asset) is included in
jumlah tercatat dari aset) dimasukkan dalam laporan laba rugi the consolidated statement of profit or loss and other
dan penghasilan komprehensif lain konsolidasian pada tahun comprehensive income in the year the asset is derecognized.
aset tersebut dihentikan pengakuannya.
Aset tetap dievaluasi kemungkinan penurunan nilainya jika Fixed assets are reviewed for impairment when events or
terjadi peristiwa atau perubahan keadaan yang mengindikasikan changes in circumstances indicate that the carrying values
bahwa nilai tercatatnya tidak dapat seluruhnya dipulihkan. may not be fully recoverable.
Pada setiap akhir tahun buku, nilai residu, umur manfaat dan At each financial year end, the assets’ residual values, useful
metode penyusutan direview, dan jika sesuai dengan keadaan, lives and methods of depreciation are reviewed, and adjusted
disesuaikan secara prospektif. Pada saat inspeksi yang prospectively as appropriate. When a significant inspection of
signifikan dilakukan, biaya inspeksi itu diakui ke dalam jumlah the asset is performed, the cost of inspection is capitalized as
tercatat (carrying amount) aset tetap sebagai suatu penggantian part of the replacement cost of the asset’s carrying amount, if
jika memenuhi kriteria pengakuan. Semua biaya pemeliharaan the criteria for recognition are met. All maintenance and repair
dan perbaikan yang tidak memenuhi kriteria pengakuan diakui costs which do not fulfill the capitalization criteria, are
dalam laporan laba rugi konsolidasian pada saat terjadinya. recognized in the consolidated statement of profit or loss upon
occurrence.
Aset dalam penyelesaian dinyatakan sebesar harga perolehan. Construction-in-progress is stated at cost. The accumulated
Akumulasi biaya perolehan akan dipindahkan ke masing-masing cost will be reclassified to the appropriate fixed asset account
aset tetap pada saat pekerjaan selesai dan aset tersebut siap when the construction is completed and the asset is ready for
untuk digunakan. its intended use.
Semua biaya dan beban yang terjadi sehubungan dengan All costs and expenses incurred in connection with the
perolehan hak atas tanah, diakui sebagai biaya perolehan hak acquisition of land right, recognized as the acquisition cost of
atas tanah. Biaya pengurusan legal hak atas tanah ketika tanah land right. The legal cost occurred when the land was first
diperoleh pertama kali diakui sebagai bagian dari biaya acquired is recognized as part of the acquisition cost of land
perolehan aset tanah. Biaya pengurusan perpanjangan atau right. Extension or renewal of the maintenance cost of legal
pembaruan legal hak atas tanah diakui sebagai aset takberwujud rights over land recognized as an intangible asset and
dan diamortisasi sepanjang umur hukum hak atau umur amortized over the life of legal rights or economic life of the
ekonomis tanah, mana yang lebih pendek. land, whichever is shorter.
s. Aset hak guna dan liabilitas sewa s. Right of use assets and lease liabilities
Pada tanggal permulaan kontrak, Grup menilai apakah kontrak At the inception of a contract, the Group assesses whether the
merupakan atau mengandung sewa. Suatu kontrak merupakan contract is or contains a leases. A contract is or contains a
atau mengandung sewa jika kontrak tersebut memberikan hak leases if the contract conveys the right to control the use of an
untuk mengendalikan penggunaan aset identifikasian selama identified assets for a period of time in exchange for
suatu jangka waktu untuk dipertukarkan dengan imbalan. Grup consideration. The Group can choose not to recognise the
dapat memilih untuk tidak mengakui aset hak-guna dan liabilitas right-of-use asset and lease liabilities for:
sewa untuk:
- Sewa jangka-pendek; dan - Short term lease; and
- Sewa yang aset pendasarnya bernilai rendah. - Low value asset.
41
Page 692
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
s. Aset hak guna dan liabilitas sewa (lanjutan) s. Right of use assets and lease liabilities (continued)
Untuk menilai apakah kontrak memberikan hak untuk To assess whether a contract conveys the right to control the
mengendalikan penggunaan aset identifikasian, Grup harus use of an identified asset, the Group shall assess whether:
menilai apakah:
- Grup memiliki hak untuk mendapatkan secara substansial - The Group has the right to obtain substantially all the
seluruh manfaat ekonomi dari penggunaan aset economic benefit from use of the asset throughout the
identifikasian; dan period of use; and
- Grup memiliki hak untuk mengarahkan penggunaan aset - The Group has the right to direct the use of the asset.
identifikasian. Grup memiliki hak ini ketika Grup memiliki The Group has described when it has a decision-making
hak untuk pengambilan keputusan yang relevan tentang rights that are the most relevant to changing how and for
bagaimana dan untuk tujuan apa aset digunakan telah what purpose the asset is used are predetermined:
ditentukan sebelumnya:
a. Grup memiliki hak untuk mengoperasikan aset; a. The Group has the right to operate the asset;
b. Grup telah mendesain aset dengan cara menetapkan b. The Group has designed the asset in a way that
sebelumnya bagaimana dan untuk tujuan apa aset predetermine how and for what purpose it will be
akan digunakan selama periode penggunaan. used.
Pada tanggal permulaan sewa, Grup mengakui aset hak-guna The Group recognises a right-of-use asset and a leases
dan liabilitas sewa. Aset hak-guna diukur pada biaya perolehan, liability at the leases commencement date. The right-of-use
dimana meliputi jumlah pengukuran awal liabilitas sewa yang asset is initially measured at cost, which comprises the initial
disesuaikan dengan pembayaran sewa yang dilakukan pada amount of the leases liability adjusted for any leases payment
atau sebelum tanggal permulaan, ditambah dengan biaya made at or before the commencement date, plus any initial
langsung awal yang dikeluarkan. Untuk pengukuran selanjutnya, direct cost incurred. For the subsequent measurements, the
aset hak guna dikurangi dengan akumulasi penyusutan dan right of use assets less the accumulated depreciation, any
kerugian penurunan nilai, serta disesuaikan untuk setiap accumulated impairment losses, and adjusted for any
pengukuran kembali liabilitas sewa. Aset hak-guna diamortisasi remeasurement of lease liabilities. The right-of-use asset is
dengan menggunakan metode garis lurus sepanjang jangka amortised over the straight-line method throughout the lease
waktu sewa. term.
Liabilitas sewa diukur pada nilai kini pembayaran sewa yang The lease liability is initially measured at the present value of
belum dibayar pada tanggal permulaan, didiskontokan dengan the lease payments that are not paid at the commencement
menggunakan suku bunga implisit dalam sewa atau jika suku date, discounted using the interest rate implicit in the lease or,
bunga tersebut tidak dapat ditentukan, maka menggunakan suku if that right cannot be readily determined, using incremental
bunga pinjaman inkremental. Pada umumnya, Grup borrowing rate. Generally, The Group uses its incremental
menggunakan suku bunga pinjaman inkremental sebagai tingkat borrowing rate as a discount rate. For the subsequent
bunga diskonto. Untuk pengukuran selanjutnya, jumlah liabilitas measurement, amount of lease liabilities increased to reflect
sewa ditingkatkan untuk mencerminkan pertambahan bunga dan the increasing of interest and reduced by the lease payments.
dikurangi pembayaran sewa yang dilakukan. Selain itu, jumlah In addition, the carrying amount of lease liabilities remeasured
tercatat liabilitas sewa diukur kembali jika terdapat modifikasi, if there is a modification, change in lease term, change of
perubahan jangka waktu sewa, perubahan pembayaran sewa, lease payment, or changes in assessment of purchase option
atau perubahan dalam penilaian opsi untuk membeli aset of the underlying asset.
pendasar.
Pembayaran sewa dialokasikan menjadi bagian pokok dan biaya Each leases payment is allocated between the liability and
keuangan. Biaya keuangan dibebankan pada laba rugi selama finance cost. The finance cost is charged to profit or loss over
periode sewa sehingga menghasilkan tingkat suku bunga the leases period so as to produce a constant periodic rate of
periodik yang konstan atas saldo liabilitas untuk setiap periode. interest on the remaining balance of the liability for each
period.
Jika sewa mengalihkan kepemilikan aset pendasar kepada Grup If the leases transfers ownership of the underlying asset to the
pada akhir masa sewa atau jika biaya perolehan aset hak-guna Group by the end of the leases term or if the cost of the right-of-
merefleksikan Grup akan mengeksekusi opsi beli, maka Grup use asset reflects that the Group will exercise a purchase
menyusutkan aset hak-guna dari tanggal permulaan hingga akhir option, the Group depreciates the right-of-use asset from the
umur manfaat aset pendasar. Jika tidak, maka Grup commencement date to the end of the useful life of the
menyusutkan aset hak-guna dari tanggal permulaan hingga underlying asset. Otherwise, the Group depreciates the right-of-
tanggal yang lebih awal antara akhir umur manfaat aset hak- use asset from the commencement date to the earlier of the
guna atau akhir masa sewa. end of the useful life of the right-of-use asset or the end of the
leases term.
42
Page 693
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
s. Aset hak guna dan liabilitas sewa (lanjutan) s. Right of use assets and lease liabilities (continued)
Modifikasi sewa Leases modification
Grup mencatat modifikasi sewa sebagai sewa terpisah jika: The Group account for a leases modification as a separate
leases if both:
- modifikasi meningkatkan ruang lingkup sewa dengan - the modification increases the scope of the leases by
menambahkan hak untuk menggunakan satu aset adding the right to use one or more underlying assets;
pendasar atau lebih;
- imbalan sewa meningkat sebesar jumlah yang setara - the consideration for the leases increases by an amount
dengan harga tersendiri untuk peningkatan dalam ruang commensurate with the standalone price for the
lingkup dan penyesuaian yang tepat pada harga tersendiri increase in scope and any appropriate adjustments to
tersebut untuk merefleksikan kondisi kontrak tertentu. that standalone price to reflect the circumstances of the
particular contract.
t. Aset takberwujud t. Intangible assets
Aset takberwujud diakui jika, dan hanya jika, biaya perolehan Intangible assets are recognized if, and only if the cost of the
aset tersebut dapat diukur secara andal dan kemungkinan besar asset can be measured reliably and it is probable that the
Grup akan memperoleh manfaat ekonomis masa depan dari Group will obtain future economic benefits from the asset.
aset tersebut. Aset takberwujud terdiri dari perangkat lunak, dan Intangible assets consist of software, and goodwill, customer
goodwill , hubungan pelanggan dan merek dagang yang relationships and trademarks acquired when acquistion.
diperoleh pada saat akuisisi.
Perangkat lunak Software
Perangkat lunak dicatat sebesar biaya perolehan dikurangi Software is stated at cost less accumulated amortisation and
akumulasi amortisasi dan akumulasi rugi penurunan nilai aset. accumulated impairment losses. Acquired computer software
Biaya yang dikeluarkan untuk memperoleh lisensi perangkat licences are capitalised on the basis of the costs incurred to
lunak komputer dan mempersiapkan perangkat lunak tersebut acquire and bring to use the specific software. Costs
sehingga siap untuk digunakan dikapitalisasi. Biaya yang terkait associated with maintaining computer software programs are
dengan pemeliharaan program perangkat lunak diakui sebagai recognised as an expense as incurred. Development costs
beban pada saat terjadinya. Biaya pengembangan yang dapat that are directly attributable to the design and testing of
secara langsung diatribusikan kepada desain dan pengujian identifiable and unique software products controlled by the
produk perangkat lunak yang dapat diidentifikasi dan unik yang Group are recognised as software. Other development
dikendalikan oleh Grup diakui sebagai perangkat lunak. expenditures that do not meet these criteria are recognised as
Pengeluaran pengembangan yang lain yang tidak memenuhi an expense as incurred. Development costs previously
kriteria ini diakui sebagai beban pada saat terjadinya. Biaya recognised as an expense are not recognised as an asset in a
pengembangan yang sebelumnya diakui sebagai beban tidak subsequent period.
dapat diakui sebagai aset pada periode berikutnya.
Perangkat lunak diamortisasi dengan menggunakan metode Software is amortised using the straight-line method over their
garis lurus (straight-line method ) berdasarkan taksiran masa estimated useful lives of 4 (four) years for the Subsidiaries.
manfaat ekonomis aset 4 (empat) tahun bagi Entitas Anak. Amortisation is recognised in the current year consolidated
Amortisasi diakui dalam laba rugi konsolidasian tahun berjalan. statements of profit or loss.
Aset takberwujud dihentikan pengakuannya saat aset tersebut Intangible assets shall be derecognised on disposal or when
dilepas atau ketika tidak lagi terdapat manfaat masa depan yang no future economic benefits are expected from its use or
diharapkan dari penggunaan atau pelepasannya. disposal.
Goodwill Goodwill
Goodwill merupakan selisih lebih nilai agregat dari jumlah Goodwill represents the excess of the aggregate amount of the
imbalan yang dialihkan dan nilai kepentingan non-pengendali consideration transferred and the amounts of non-controlling
dengan jumlah dari aset teridentifikasi yang diperoleh dan interest and the amounts of the identifiable assets acquired
liabilitas yang diambil alih pada tanggal akuisisi. Goodwill tidak and the liabilities assumed at the date of acquisition. Goodwill
diamortisasi tetapi diuji penurunan nilainya pada setiap tanggal is not amortised but tested for impairment at each reporting
pelaporan dan dicatat sebesar biaya perolehan dikurangi date and carried at cost less accumulated impairment losses.
akumulasi amortisasi.
43
Page 694
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
u. Liabilitas segera u. Obligations due immediately
Liabilitas segera dicatat pada saat timbulnya liabilitas atau Obligations due immediately are recorded at the time the
diterima perintah dari pemberi amanat, baik dari masyarakat obligations occurred or on receipt of transfer orders from
maupun dari bank lain. Liabilitas segera dinyatakan sebesar customers or other banks. Obligations due immediately are
liabilitas Grup dan diukur sebesar biaya perolehan diamortisasi. stated at the amount payable by the Group measured at their
amortized cost.
v. Simpanan dari nasabah v. Deposits from customers
Simpanan dari nasabah adalah dana yang ditempatkan oleh Deposits from customers are the funds placed by customers
masyarakat kepada Grup berdasarkan perjanjian penyimpanan (excluding banks) with the Group based on fund deposit
dana. Termasuk dalam akun ini adalah giro, tabungan, deposito agreements. Included in this account are current accounts,
berjangka dan bentuk lain yang dipersamakan dengan itu. saving accounts, time deposits and other forms which are
similar.
Giro merupakan simpanan dari nasabah yang dapat digunakan Current accounts represent customers’ funds which can be
sebagai alat pembayaran, yang penarikannya dapat dilakukan used as payment instruments, and which can be withdrawn by
setiap saat melalui cek, atau dengan cara pemindahbukuan the depositors at any time through check writing, or transfers
dengan bilyet giro dan sarana perintah pembayaran lainnya. between accounts using bilyet giro and other orders of
payment or transfer.
Tabungan merupakan simpanan dari nasabah yang Savings deposits represent deposits of customers that may
penarikannya hanya dapat dilakukan melalui counter dan kartu only be withdrawn over the counter and via Automatic Teller
Anjungan Tunai Mandiri (ATM), atau dengan cara Machine card (ATM), or funds transfers when certain agreed
pemindahbukuan jika memenuhi persyaratan yang disepakati, conditions are met, but which may not be withdrawn by cheque
tetapi penarikan tidak dapat dilaksanakan dengan menggunakan or other equivalent instruments.
cek atau instrumen setara lainnya.
Deposito berjangka merupakan simpanan nasabah di Grup yang Time deposits represent deposits from customers with the
penarikannya hanya dapat dilakukan pada waktu tertentu sesuai Group that may only be withdrawn at specific maturities in
dengan perjanjian antara nasabah dengan Grup. accordance with the agreements between the depositor and
the Group.
Deposito on call merupakan deposito dengan jangka waktu Deposits on call represent deposits with daily maturity and
harian dan dapat ditarik sewaktu-waktu. could be withdrawn at any time.
Simpanan nasabah diklasifikasikan sebagai liabilitas keuangan Deposits from customers are classified as financial liabilities
dan diukur pada biaya perolehan diamortisasi menggunakan and measured at amortized cost using the effective interest
suku bunga efektif, kecuali simpanan berdasarkan prinsip rate except for deposits under sharia principles that are stated
syariah yang dinyatakan sebesar liabilitas Grup kepada as the Group’s liability to the customers. Incremental costs that
nasabah. Biaya tambahan yang dapat diatribusikan secara can be attributed directly to the acquisition of deposits from
langsung dengan perolehan simpanan nasabah dikurangkan customers are deducted from total deposits received.
dari jumlah simpanan yang diterima.
Simpanan dari nasabah berdasarkan prinsip syariah terdiri dari: Deposits from customers under sharia principles as follows:
a. Simpanan syariah berupa giro wadiah yad-adhamanah, a. Sharia deposits in the form of wadiah yad-adhamanah, a
yakni titipan dana dalam bentuk giro yang akan current account whereby the customers may receive
mendapatkan bonus sesuai dengan kebijakan Grup; dan bonus income in accordance with the Group’s policy;
and
b. Investasi tidak terikat syariah, berupa: b. Sharia non-binding investments in the form of:
- Tabungan mudharabah mutlaqah , yaitu tabungan tidak - Mudharabah mutlaqah savings are non-binding
terikat, dimana nasabah akan memperoleh bagi hasil saving investments on which the customers are
(nisbah ) atas penggunaan dana nasabah sesuai entitled to receive a share of the Group’s Sharia
dengan kesepakatan bersama antara Grup dan Unit’s income (nisbah) in return for the usage of the
nasabah; dan funds in accordance with the defined terms; and
- Deposito mudharabah mutlaqah , yaitu deposito tidak - Mudharabah mutlaqah deposits are non-binding
terikat sebagai investasi berjangka, dimana nasabah investments in the form of time deposits on which the
akan memperoleh bagi hasil (nisbah ) atas penggunaan customers are entitled to receive a share of the
dana nasabah sesuai dengan kesepakatan bersama Group’s income (nisbah) for the usage of the funds in
antara Grup dan nasabah. accordance with the pre-defined terms.
44
Page 695
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
w. Simpanan dari bank lain w. Deposits from other banks
Simpanan dari bank lain terdiri dari liabilitas terhadap bank lain, Deposits from other banks represent liabilities to domestic and
baik dalam maupun luar negeri, dalam bentuk giro, tabungan, overseas banks, in the form of current accounts, savings, time
deposito berjangka, giro wadiah, tabungan mudharabah dan deposits, wadiah current accounts, mudharabah savings and
deposito berjangka mudharabah. time deposits.
Simpanan dari bank lain diklasifikasikan sebagai liabilitas Deposits from other banks are classified as financial liabilities
keuangan dan diukur pada biaya perolehan diamortisasi and measured at amortized cost using the effective interest
menggunakan suku bunga efektif, kecuali simpanan syariah rate except for sharia deposits which are stated at the Group’s
yang dinyatakan sebesar nilai liabilitas Grup kepada nasabah. liability amount to the customer. Incremental costs that can be
Biaya tambahan yang dapat diatribusikan secara langsung attributed directly to the acquisition of deposits from other
dengan perolehan simpanan dari bank lain dikurangkan dari banks are deducted from the total deposits received.
jumlah simpanan yang diterima.
x. Pinjaman yang diterima x. Borrowings
Pinjaman diterima merupakan dana yang diterima dari Bank Borrowings are funds received from Bank Indonesia or other
Indonesia atau pihak lain dengan liabilitas pembayaran kembali parties with payment obligation based on borrowings
sesuai dengan persyaratan perjanjian pinjaman. agreement.
Pinjaman diterima diakui sebesar nilai wajar pada awalnya dan Borrowings are initially recognized at fair value and
selanjutnya diukur sebesar biaya perolehan diamortisasi dengan subsequently measured at amortized cost using the effective
menggunakan metode suku bunga efektif. Biaya perolehan interest rate method. Amortized cost is calculated by taking
diamortisasi dihitung dengan memperhitungkan adanya diskonto into account any discount or premium related to the initial
atau premi terkait dengan pengakuan awal pinjaman diterima recognition of borrowings and transaction costs are an integral
dan biaya transaksi merupakan bagian tidak terpisahkan dari part of the effective interest rate method.
metode suku bunga efektif.
y. Dana syirkah temporer y. Temporary syirkah funds
Dana syirkah temporer merupakan investasi dengan akad Temporary syirkah funds represent investment from other
mudharabah mutlaqah, yaitu pemilik dana memberikan parties conducted on the basis mudharabah mutlaqah contract
kebebasan kepada pengelola dana dalam pengelolaan in which the owners of the funds grant freedom to the fund
investasinya dengan keuntungan dibagikan sesuai kesepakatan. manager in the management of their investments with profit
Dana syirkah temporer terdiri dari giro mudharabah, tabungan distributed based on the contract. Temporary syirkah funds
mudharabah dan deposito mudharabah. consist of mudharabah current account, mudharabah saving
deposits and mudharabah time deposits.
Giro dan tabungan mudharabah merupakan investasi yang bisa Mudharabah current accounts and saving deposits represent
ditarik kapan saja atau sesuai dengan persyaratan tertentu yang investment which could be withdrawn anytime or can be
disepakati. Giro dan tabungan mudharabah dinyatakan sebesar withdrawn based on certain agreed terms. Mudharabah current
saldo tabungan nasabah di Grup. accounts and savings deposits are stated based on the
customer’s savings deposits balance in the Group.
Deposito mudharabah merupakan investasi yang hanya bisa Mudharabah time deposits represent investment that can only
ditarik pada waktu tertentu sesuai dengan perjanjian antara be withdrawn at a certain time based on the agreement
pemegang deposito mudharabah dengan Grup. Deposito between the customer and the Group. Mudharabah time
mudharabah dinyatakan sebesar nilai nominal sesuai dengan deposits are stated at nominal amount as agreed between the
perjanjian antara pemegang deposito dengan Grup. deposit holder and the Group.
Dana syirkah temporer tidak dapat digolongkan dengan Temporary syirkah fund cannot be classified as liability. This
kewajiban. Hal ini karena Grup tidak berkewajiban untuk was because the Group does not have any liability to return
mengembalikan jumlah dana awal dari pemilik dana kecuali the initial fund to the owners, except for losses due to bank
akibat kelalaian atau wanprestasi ketika mengalami kerugian. Di management’s negligence or when default of loss is incurred.
sisi lain dana syirkah temporer tidak dapat digolongkan sebagai On the other hand, temporary syirkah fund cannot be classified
ekuitas karena mempunyai waktu jatuh tempo dan pemilik dana as shareholders’ equity, because of the maturity period and
tidak mempunyai hak kepemilikan yang sama dengan pemegang the depositors do not have the same rights as the
saham seperti hak voting dan hak atas realisasi keuntungan shareholders’ such as voting rights and the rights of realised
yang berasal dari aset lancar dan aset non-investasi. gain from current assets and other non-investment account.
45
Page 696
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
y. Dana syirkah temporer (lanjutan) y. Temporary syirkah funds (continued)
Pemilik dana syirkah temporer mendapatkan imbalan bagi hasil The owner of temporary syirkah funds receives a return from
sesuai dengan nisbah yang ditetapkan. the profit sharing based on predetermined ratio.
Hak nasabah atas bagi hasil dana syirkah temporer merupakan Third parties’ share on return of temporary syirkah funds
bagian bagi hasil milik nasabah yang didasarkan pada prinsip represents customer’s share on the Group’s income derived
mudharabah atas hasil pengelolaan dana mereka oleh Grup. from the management of their funds by the Group under
Pendapatan yang dibagikan adalah yang telah diterima (cash mudharabah principles. Income that will be distributed is the
basis). cash received (cash basis) from the share.
Pembagian hasil usaha dilakukan berdasarkan prinsip bagi hasil The distribution of revenue is based on profit sharing scheme
usaha yaitu dari pendapatan Grup yang diterima berupa laba on the Group’s gross profit margin.
kotor (gross profit margin).
Pendapatan marjin dan bagi hasil atas pembiayaan yang Margin income and profit sharing on financing facilities and
diberikan dan atas aset produktif lainnya akan dibagikan kepada other earning assets are distributed to fund owners and the
nasabah penyimpan dana dan grup sesuai dengan proporsi Group based on proportion of fund used in the financing and
dana yang dipakai dalam pembiayaan yang diberikan dan aset other earning assets. Margin income and profit sharing income
produktif lainnya. Selanjutnya, pendapatan margin dan bagi hasil allocated to fund owners are then distributed to fund owners
yang tersedia untuk nasabah tersebut kemudian dibagihasilkan and depositors as shahibul maal and the Group as mudharib
ke nasabah penabung dan deposan sebagai shahibul maal dan based on a predetermined ratio (nisbah). Margin income and
Grup sebagai mudharib sesuai porsi nisbah bagi hasil yang profit sharing from financing facilities and other earning assets
telah disepakati bersama sebelumnya. Pendapatan marjin dan using the Group’s funds, are entirely shared for the Group,
bagi hasil dari pembiayaan dan aset produktif lainnya yang including income from the Group’s fee-based transactions.
memakai dana bank, seluruhnya menjadi milik Grup, termasuk
pendapatan dari investasi Grup berbasis imbalan.
z. Pendapatan dan beban bunga z. Interest income and expenses
Konvensional Conventional
Pendapatan dan beban bunga diakui pada laporan laba rugi dan Interest incompe and expenses are recognized in the
penghasilan komprehensif lain konsolidasian dengan consolidated statement of profit or loss and other
menggunakan metode suku bunga efektif. comprehensive income using the effective interest rate
method.
Suku bunga efektif adalah suku bunga yang secara tepat The effective interest rate is the rate that exactly discounts the
mendiskontokan estimasi pembayaran atau penerimaan kas di estimated future cash payments or receipts through the
masa datang selama perkiraan umur dari aset keuangan atau expected life of the financial instrument (or, where appropriate,
liabilitas keuangan (atau, jika lebih tepat, digunakan periode a shorter period) to the net carrying amount of the financial
yang lebih singkat) untuk memperoleh nilai tercatat bersih dari asset or financial liability.
aset keuangan atau liabilitas keuangan.
Pada saat menghitung suku bunga efektif, Grup mengestimasi When calculating the effective interest rate, the Group
arus kas di masa datang dengan mempertimbangkan seluruh estimates future cash flows considering all contractual terms of
persyaratan kontraktual dalam instrumen keuangan tersebut, the financial instrument but not future credit losses. This
tetapi tidak mempertimbangkan kerugian kredit di masa calculation reflects all commissions, provisions, and other
mendatang. Perhitungan ini mencakup seluruh komisi, provisi, forms that accepted by the parties in the contract which are an
dan bentuk lain yang diterima oleh para pihak dalam kontrak integral part of the effective interest rate, transaction costs, and
yang merupakan bagian yang tidak terpisahkan dari suku bunga all other premiums and discounts.
efektif, biaya transaksi, dan seluruh premi atau diskon lainnya.
Jika aset keuangan atau kelompok aset keuangan serupa telah If financial assets or similar financial asset groups have been
diturunkan nilainya sebagai akibat kerugian penurunan nilai, impaired as a consequence of a loss on impairment, then the
maka pendapatan bunga yang diperoleh setelahnya diakui interest income subsequently received is recognized based on
berdasarkan suku bunga yang digunakan untuk mendiskonto the interest rate used for discounting future cash flows in
arus kas masa datang dalam menghitung kerugian penurunan calculating the loss on impairment.
nilai.
Kredit yang pembayaran angsuran pokok atau bunganya telah Loans where the principal or interest has been past due for 90
lewat 90 hari atau lebih setelah jatuh tempo, atau kredit yang days or more, or where reasonable doubt exists as to the
pembayarannya secara tepat waktu diragukan, secara umum timely collection, are generally classified as impaired loans.
diklasifikasikan sebagai kredit yang mengalami penurunan nilai.
46
Page 697
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
z. Pendapatan dan beban bunga (lanjutan) z. Interest income and expenses (continued)
Syariah Sharia
Pendapatan operasi utama terdiri dari pendapatan dari The main operating income consists of income from
murabahah, pendapatan bagi hasil dari pembiayaan murabahah transactions, income from profit sharing of
mudharabah dan musyarakah dan pendapatan lainnya. mudharabah and musyarakah financing and others.
Pendapatan atas piutang murabahah menggunakan metode Income from murabahah receivables using the effective rate of
setara tingkat imbal hasil efektif (margin efektif). Margin efektif return method (effective margin). Effective margin is the
adalah margin yang secara tepat mendiskontokan estimasi margin that precisely discounts the estimated future cash
pembayaran atau penerimaan kas di masa datang selama payments or receipts through the expected life of the
perkiraan umur dari piutang murabahah. Pada saat menghitung murabahah receivables. When calculating the effective margin,
margin efektif, Entitas Anak dan Unit Usaha Syariah the Subsidiaries and Sharia Business Unit estimates the future
mengestimasi arus kas di masa datang dengan cash flows considering all contractual terms of the financial
mempertimbangkan seluruh persyaratan kontraktual dalam instrument, but does not consider the loss of receivables in the
instrumen keuangan tersebut, tetapi tidak mempertimbangkan future. This calculation includes all commissions, provision
kerugian piutang di masa mendatang. Perhitungan ini mencakup fees and other forms accepted by the parties in the contract
seluruh komisi, provisi dan bentuk lain yang diterima oleh para that are an inseparable part of the effective margin, transaction
pihak dalam kontrak yang merupakan bagian tak terpisahkan costs and all other premiums or discounts.
dari margin efektif, biaya transaksi, dan seluruh premi atau
diskon lainnya.
Bagi hasil dari pembiayaan mudharabah dan musyarakah diakui Profit sharing from mudharabah and musyarakah financing is
pada saat angsuran diterima secara tunai (cash basis) . recognized upon collection (cash basis). Other main operating
Pendapatan operasi utama lainnya terdiri dari pendapatan dari income consists of income derived from placements with other
penempatan pada bank syariah lain. Pendapatan operasi utama sharia banks. Other main operating income is recognized upon
lainnya diakui pada saat diterima. collection.
Margin dan bagi hasil diakui secara akrual, kecuali pendapatan Margin and profit sharing are recognized on an accrual basis,
margin dan bagi hasil atas kredit yang diberikan dan except for margin and profit sharing income on loans and
piutang/pembiayaan syariah dan aset produktif lainnya yang sharia receivables/financing and other earning assets
diklasifikasi sebagai non-performing , yang diakui pada saat classified as non-performing, which is recognized only when
pendapatan tersebut diterima. Pendapatan margin dan bagi hasil such interest is received in cash. Margin and profit sharing
yang telah diakui tetapi belum tertagih dibatalkan pada saat income recognized or recorded but not yet received, is
kredit diklasifikasikan non-performing , dan selanjutnya reversed when the loans are classified as non-performing, and
dilaporkan sebagai tagihan kontinjensi dalam rekening the interest amounts are recorded as contingent receivables in
administratif dan diakui sebagai pendapatan pada saat diterima the administrative accounts and such interest is recognized as
tunai. income on a cash received basis.
aa. Pendapatan - provisi dan komisi aa. Revenue - commissions and fees
Pendapatan provisi dan komisi yang jumlahnya signifikan yang Significant fees and commission income directly related to
berkaitan langsung dengan kegiatan pinjaman, atau pendapatan lending activities, or fees and commission income which relate
provisi dan komisi yang berhubungan dengan jangka waktu to a specific period, are amortized over the term of the
tertentu, diamortisasi sesuai dengan jangka waktu kontrak underlying contract using the effective interest rate.
menggunakan suku bunga efektif. Untuk pinjaman yang dilunasi Unamortized fees and commission income relating to loans
sebelum jatuh temponya, saldo pendapatan provisi dan komisi settled prior to maturity are recognized at the settlement date.
ditangguhkan diakui pada saat pinjaman dilunasi. Pendapatan Other fees and commission income are recognized at the
provisi dan komisi lainnya diakui pada saat terjadinya transaksi. transaction date.
Pendapatan provisi dan komisi yang berkaitan dengan kredit Fees and commission income related to lending activities are
diakui sebagai bagian dari pendapatan bunga. Untuk recognized as part of interest income. For sharia
piutang/pembiayaan syariah, provisi dan komisi diakui selama receivables/financing, fees and commissions are recognized
jangka waktu akad dengan metode garis lurus. over the term of the contract with the straight-line method.
Provisi dan komisi lainnya yang tidak berkaitan dengan kegiatan Other commissions and fees not related to lending activities or
perkreditan dan atau jangka waktu perkreditan, atau jumlahnya loan periods, or not material are recognized as revenues and
tidak material diakui sebagai pendapatan atau beban pada saat expenses at the time the transactions occur.
terjadinya transaksi.
47
Page 698
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ab. Pajak penghasilan badan ab. Corporate income tax
Perlakuan akuntansi atas pajak penghasilan sesuai dengan Accounting treatment for income tax is accordance with PSAK
PSAK 212, “Pajak Penghasilan”. 212, “Income Tax”.
Beban pajak kini ditentukan berdasarkan laba kena pajak dalam Current tax expense is determined based on the taxable
periode yang bersangkutan yang dihitung berdasarkan tarif pajak income for the year computed using the prevailing tax rates or
yang berlaku atau yang secara substansial telah berlaku pada substantively enacted at the reporting date.
tanggal pelaporan.
Grup menerapkan metode liabilitas untuk menentukan pajak The Group applies the liability method to determine its income
penghasilannya. Berdasarkan metode liabilitas, aset dan tax expense. Under the liability method, deferred tax assets
liabilitas pajak tangguhan diakui atas perbedaan temporer and liabilities are recognized for temporary differences
pelaporan komersial dan pajak atas aset dan liabilitas pada between the financial and the tax bases of assets and liabilities
setiap tanggal pelaporan. Metode ini mensyaratkan pengakuan at each reporting date. This method also requires the
manfaat pajak di masa mendatang, contoh: saldo rugi fiskal yang recognition of future tax benefits, such as the carryforward of
belum digunakan, sepanjang terdapat kemungkinan besar unused tax losses, to the extent that realization of such
realisasi manfaat pajak tersebut. benefits is probable.
Aset dan liabilitas pajak tangguhan diukur berdasarkan tarif Deferred tax assets and liabilities are measured at the tax
pajak yang diharapkan akan berlaku pada tahun saat aset rates that are expected to apply to the period when the asset is
direalisasikan atau liabilitas diselesaikan berdasarkan tarif atau realized or the liability is settled, based on tax rates (and tax
peraturan perpajakan yang berlaku atau yang secara substantif laws) that have been enacted or substantively enacted at the
telah diberlakukan pada tanggal laporan posisi keuangan consolidated statement of financial position date.
konsolidasian.
Penyesuaian atas liabilitas pajak dicatat saat surat ketetapan Adjustments to tax obligations are recorded when an
pajak diterima, atau jika Grup mengajukan keberatan, saat assessment is received or, if appealed by the Group, when the
putusan banding telah diterbitkan. result of the appeal is determined.
Jumlah tercatat aset pajak tangguhan ditelaah pada setiap The carrying amount of deferred tax assets is reviewed at each
tanggal pelaporan dan nilai tercatat aset pajak tangguhan reporting date and reduced to the extent that it is no longer
tersebut diturunkan apabila tidak lagi terdapat kemungkinan probable that sufficient taxable profits will be available to allow
besar laba fiskal tersedia untuk mengkompensasi sebagian atau all or part of the benefit of the deferred tax assets to be utilized.
semua manfaat aset pajak tangguhan.
Taksiran pajak penghasilan Grup dihitung untuk masing-masing The estimated corporate income tax of the Group are
perusahaan sebagai badan hukum terpisah. Aset pajak kini calculated for each company as a separate legal entity.
(current tax assets) dan liabilitas pajak kini (current tax liabilities) Current tax assets and current tax liabilities for different legal
untuk badan hukum yang berbeda tidak disalinghapuskan dalam income entities cannot be set-off in the consolidated financial
laporan keuangan konsolidasian. Utang pajak penghasilan statements. Corporate tax payables and other tax payables of
badan dan utang pajak lainnya Grup disajikan sebagai “Utang the Group are presented as “Taxes payable“ in the
pajak” di laporan posisi keuangan konsolidasian. consolidated statement of financial position.
Jumlah tercatat aset pajak tangguhan ditelaah pada setiap The carrying amount of deferred tax assets is reviewed at each
tanggal pelaporan dan nilai tercatat aset pajak tangguhan reporting date and reduced to the extent that it is no longer
tersebut diturunkan apabila tidak lagi terdapat kemungkinan probable that sufficient taxable profits will be available to allow
besar laba fiskal tersedia untuk mengkompensasi sebagian atau all or part of the benefit of the deferred tax assets to be utilized.
semua manfaat aset pajak tangguhan.
ac. Laba per saham ac. Basic earnings per share
Laba per saham dasar dihitung dengan membagi laba tahun Basic earnings per share are computed by dividing income for
berjalan dengan jumlah rata-rata tertimbang saham yang the year by the weighted average number of shares
beredar pada tahun yang bersangkutan. outstanding during the year.
48
Page 699
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja ad. Employee benefit plan
Grup menerapkan PSAK 219, maka Grup menghentikan The Group implement PSAK 219, the Group which eliminates
penggunaan pendekatan koridor dalam perhitungan keuntungan corridor approach in calculation actuarial gain and loss in
dan kerugian aktuarial di periode pelaporan pada penghasilan reporting period other comprehensive income.
komprehensif lain.
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek seperti upah, iuran jaminan sosial, Short-term employee benefits such as wages, social security
cuti jangka pendek, bonus dan imbalan lainnya diakui selama contributions, short-term compensated leaves, bonuses and
periode jasa diberikan. Imbalan kerja jangka pendek diukur other benefits are recognized during the period when services
sebesar jumlah yang tidak didiskontokan. have been rendered. Short-term employee benefits are
measured using undiscounted amounts.
Grup juga memberikan jasa produksi tahunan kepada para The Group also provides annual bonuses for Commissioners,
Komisaris, Direksi dan karyawan dan untuk setiap tahun buku Directors and employees. These costs are recognized as
dicadangkan dan diakui sebagai beban pada tahun berjalan current year’s expenses and the amount is determined based
yang jumlahnya ditetapkan berdasarkan jumlah jasa produksi on the bonuses authorized during Shareholders’ General
yang disetujui dalam RUPS tahun-tahun sebelumnya dan Meetings (RUPS) in the prior year. Such bonuses are
kemudian diusulkan untuk disetujui/disahkan dalam RUPS yang subsequently proposed for approval by the Shareholders in
akan datang. Jika terdapat selisih antara jumlah jasa produksi the following Shareholders’ General Meeting (RUPS). Any
yang dicadangkan dengan jumlah yang disahkan oleh RUPS, difference between the amount accrued and the amount
maka selisih tersebut dibebankan/dikreditkan pada laporan laba approved by the RUPS is charged/credited to consolidated
rugi dan penghasilan komprehensif lain konsolidasian sebagai statement of profit or loss and other comprehensive income as
penambah atau pengurang cadangan jasa produksi. an addition to or deduction of the provision for bonuses.
Imbalan kerja jangka panjang Long-term employee benefits
Bank memiliki program asuransi tunjangan hari tua untuk seluruh Bank has pension insurance plans for all employees, which is
karyawan, yang diselenggarakan melalui perjanjian kerja sama organized through a cooperation agreement with PT Asuransi
dengan PT Asuransi Jiwa Bersama Bumiputera 1912, PT Jiwa Bersama Bumiputera 1912, PT Asuransi Jiwasraya
Asuransi Jiwasraya (Persero), dan PT Asuransi Jiwa Inhealth (Persero), and PT Asuransi Jiwa Inhealth Indonesia. Based on
Indonesia. Berdasarkan program ini, pada saat mulai memasuki this plan, at the commencement of the pension period, in
masa pensiun, selain tunjangan pensiun, karyawan juga akan addition to a pension allowance, employees will also receive
memperoleh tunjangan hari tua yang besarnya disesuaikan mutual aid pensions (tunjangan hari tua) equal to the number
dengan masa kerja dan jumlah gaji terakhir. Premi asuransi of years of service multiplied by the employee’s latest monthly
masing-masing peserta dibayar di muka oleh Bank dan salary. The insurance premiums for employees are paid in
diamortisasi selama sisa masa kerja karyawan. advance by the Bank and are amortized over the remaining
years of service of employees.
NTBS memiliki program asuransi tunjangan hari tua untuk untuk NTBS has pension insurance plans for for permanent
karyawan tetap yang diangkat dari bulan April 1992, yang employees appointed from April 1992, which is organized
diselenggarakan melalui perjanjian kerja sama dengan PT through a cooperation agreement with PT Asuransi Jiwa
Asuransi Jiwa Taspen. Iuran tahunan diakui sebagai beban Taspen. Annual contributions are recognized as current period
tunjangan hari tua periode berjalan. old age benefit expenses.
NTBS memiliki program masa persiapan pensiun, dengan NTBS has retirement preparation program, which provides
memberikan fasilitas untuk menjalani masa persiapan pensiun facilities to undergo a retirement preparation period to
kepada pegawai dengan kriteria pejabat struktural dan lainnya employees with the criteria of structural officials and others
diberikan masa persiapan pensiun dengan usia tertentu given a retirement preparation period with a certain age of
maksimal 55 (lima puluh lima) tahun 6 (enam) bulan. Hak dan maximum 55 (fifty five) years 6 (six) months. The rights and
fasilitas pegawai yang menjalani masa persiapan pensiun sesuai facilities of employees who undergo a retirement preparation
dengan ketentuan yang berlaku. period are in accordance with applicable regulations.
49
Page 700
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja (lanjutan) ad. Employee benefit plan (continued)
Imbalan kerja jangka panjang (lanjutan) Long-term employee benefits (continued)
NTBS juga memberikan imbalan jangka panjang lainnya seperti NTBS also provides other long-term benefits such as long
cuti besar, program Penghargaan Masa Bhakti (PMB), program service leave, Long Service Award program (PMB), Retirement
Penghargaan Purna Bhakti (PPB), program Penghargaan Emas Award program (PPB), Golden Award program (PE) and other
(PE) serta program manfaat lain dana santunan kematian benefit programs such as death benefits are calculated using
dihitung dengan menggunakan metode projected unit credit dan the projected unit credit method and discounted to present
didiskontokan ke nilai kini. value.
BNTT memiliki program imbalan kerja jangka panjang, seperti BNTT has long-term employee benefits, such as long service
cuti berimbalan jangka panjang, penghargaan masa bhakti, leave, service pay benefits, proportional service pay benefits,
penghargaan masa bhakti proporsional, cuti besar dan uang long service leave and mourning, calculated based on
duka, dihitung berdasarkan Peraturan Perusahaan yang telah company regulations in accordance with Job Creation Law
sesuai dengan Undang-Undang Cipta Kerja No.6/2023. No.6/2023.
BLAM memberikan imbalan jangka panjang lainnya seperti cuti BLAM provides other long-term benefits such as long service
berimbalan jangka panjang, imbalan cacat permanen dan leave, permanent disability benefit and jubilee awards are
penghargaan jubilee dihitung dengan menggunakan metode calculated using the projected unit credit method and
projected unit credit dan didiskontokan ke nilai kini. Keuntungan discounted to present value. Actuarial gains and losses arising
dan kerugian aktuarial yang timbul dari penyesuaian dan from experience adjustments and change in actuarial
perubahan dalam asumsi-asumsi aktuarial diakui dalam laporan assumption are charged and credited to profit or loss.
laba rugi.
Imbalan pensiun dan imbalan pasca kerja lainnya Pension benefits and other post employment
Grup memiliki program pensiun imbalan pasti. Program pensiun The Group has defined benefit pension plans. A defined
imbalan pasti adalah program pensiun yang menetapkan jumlah benefit pension plan is a pension plan that defines an amount
imbalan pensiun yang akan diterima oleh karyawan pada saat of pension that will be received by the employee on becoming
pensiun, yang biasanya tergantung pada satu faktor atau lebih, entitled to a pension, which usually depends on one or more
seperti umur, masa kerja, dan jumlah kompensasi. Program ini factors such as age, years of service and compensation. This
dikelola oleh Dana Pensiun PT Bank Pembangunan Daerah plan is managed by Dana Pensiun PT Bank Pembangunan
Jawa Timur Tbk dan Dana Pensiun masing-masing entitas anak Daerah Jawa Timur Tbk and and Pension Funds of each
(“Dana Pensiun”). Iuran tahunan diakui sebagai beban pensiun subsidiary (“Dana Pensiun”). Annual contributions are
tahun berjalan. recognized as pension expenses for the current year.
Bank memiliki program pensiun iuran pasti. Program pensiun Bank has defined contiribution pension plans. A defined
iuran pasti adalah program pensiun dimana Bank akan contribution plan is a pension plan under which the Bank pays
membayar iuran tetap kepada sebuah entitas yang terpisah fixed contributions into a separate entity (pension fund) and
(dana pensiun) dan tidak memiliki liabilitas hukum atau has no legal or constructive obligation to pay further
konstruktif untuk membayar kontribusi lebih lanjut. Program ini contributions. This plan is managed by Dana Pensiun
dikelola oleh Dana Pensiun Lembaga Keuangan PT Bank Lembaga Keuangan PT Bank Rakyat Indonesia (Persero) Tbk
Rakyat Indonesia (Persero) Tbk (“DPLK”). Iuran kepada dana (“DPLK’). Contribution payable to a pension fund equivalent to
pensiun sebesar persentase tertentu dari gaji pegawai yang a certain percentage of salaries for qualified employees under
menjadi peserta program pensiun iuran pasti Bank, dicadangkan the Bank’s defined contribution plan is accrued and recognized
dan diakui sebagai biaya ketika jasa telah diberikan oleh as expense when services have been rendered by qualified
pegawai-pegawai tersebut. employees.
Bank memberikan penghargaan akhir masa jabatan untuk The Bank provides end of service awards program for
Komisaris dan Direksi melalui program asuransi yang jumlahnya Commissioners and Directors through an insurance program,
dihitung secara proporsional sesuai dengan masa jabatannya. which amount is calculated proportionally during the period of
Premi yang dibayar dibebankan pada laporan laba rugi dan service. Premiums paid are charged proportionally to
penghasilan komprehensif lain konsolidasian selama masa consolidated statement of profit or loss and other
jabatannya secara proporsional. comprehensive income over the service period.
50
Page 701
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja (lanjutan) ad. Employee benefit plan (continued)
Imbalan pensiun dan imbalan pasca kerja lainnya (lanjutan) Pension benefits and other post employment (continued)
NTBS memiliki program pensiun iuran pasti, yang dikelola oleh NTBS has defined contiribution pension plans, managed by
DPLK PT Bank Negara Indonesia (Persero) Tbk. NTBS juga DPLK PT Bank Negara Indonesia (Persero) Tbk. NTBS also
memberikan imbalan pasca kerja lainnya, seperti uang provides other post employment benefits, such as service pay
penghargaan dan uang pisah. Imbalan berupa uang and separation pay. The service pay benefit is vested when
penghargaan diberikan apabila karyawan bekerja hingga the employees reach their retirement age. The separation pay
mencapai usia pensiun. Sedangkan imbalan berupa uang benefit is paid to employees in the case of voluntary
pisah,dibayarkan kepada karyawan yang mengundurkan diri resignation, subject to a minimum number of years of service.
secara sukarela, setelah memenuhi minimal masa kerja tertentu. These benefits have been accounted for using the same
Imbalan ini dihitung dengan menggunakan metodologi yang methodology as for the defined benefit pension plan.
sama dengan metodologi yang digunakan dalam perhitungan
program pensiun imbalan pasti.
BLAM memiliki program pensiun iuran pasti, yang dikelola oleh BLAM has defined contiribution pension plans, managed by
DPLK PT Bank Rakyat Indonesia (Persero) Tbk. BLAM juga DPLK PT Bank Rakyat Indonesia (Persero) Tbk. BLAM also
memberikan imbalan pasca kerja lainnya, seperti uang provides other post employment benefits, such as service pay
penghargaan dan uang pisah. Imbalan berupa uang and separation pay. The service pay benefit is vested when
penghargaan diberikan apabila karyawan bekerja hingga the employees reach their retirement age. The separation pay
mencapai usia pensiun. Sedangkan imbalan berupa uang benefit is paid to employees in the case of voluntary
pisah,dibayarkan kepada karyawan yang mengundurkan diri resignation, subject to a minimum number of years of service.
secara sukarela, setelah memenuhi minimal masa kerja tertentu. These benefits have been accounted for using the same
Imbalan ini dihitung dengan menggunakan metodologi yang methodology as for the defined benefit pension plan.
sama dengan metodologi yang digunakan dalam perhitungan
program pensiun imbalan pasti.
BNTT memberikan jasa pengabdian kepada Direksi dan Dewan BNTT provides dedication services to the Board of Directors
Komisaris pada setiap akhir masa jabatannya. Jasa pengabdian and the Board of Commissioners at the end of his term. The
tersebut dicadangkan secara proporsional tiap tahun selama dedication services is reserved proportionally each year during
masa jabatan, yang diakui sebagai beban pada tahun berjalan. his services, which is recognised as expenses in the current
year.
BNTT juga memberikan Penghargaan Masa Bhakti kepada BNTT also provides end of service pay benefits to its Directors
Direksi Bank yang telah menyelesaikan masa jabatannya dan who had completed his services and was not re-elected for
tidak terpilih kembali untuk masa jabatan berikutnya. another term. The end of service pay benefits proportionally
Penghargaan Masa Bhakti tersebut dicadangkan secara reserved each year during his services, which is recognised as
proporsional tiap tahun selama masa jabatan, yang diakui expenses in the current year.
sebagai beban pada tahun berjalan.
ae. Biaya emisi saham ae. Shares issuance costs
Biaya-biaya yang terjadi sehubungan dengan penawaran saham The cost related to the public offering of shares (including pre-
kepada masyarakat (termasuk penerbitan hak memesan efek emptive rights issue) are deducted from the proceeds and
terlebih dahulu) dikurangkan langsung dari hasil emisi dan presented as a deduction from the “Other Paid-In Capital”
disajikan sebagai pengurang pada akun “Tambahan Modal account, under equity section in the consolidated statements
Disetor” sebagai bagian dari ekuitas pada laporan posisi of financial position.
keuangan konsolidasian.
af. Dividen af. Dividend
Pembagian dividen kepada para pemegang saham Grup diakui Dividend distribution to the Group’s shareholders is recognized
sebagai sebuah liabilitas dalam laporan keuangan konsolidasian as a liability in the Group consolidated financial statements in
Grup pada tahun ketika dividen tersebut disetujui oleh para the year in which the dividends are approved by the Group’s
pemegang saham Grup. shareholders.
51
Page 702
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ag. Provisi ag. Provisions
Provisi diakui jika Grup memiliki kewajiban kini (baik bersifat Provisions are recognized when the Group has a present
hukum maupun bersifat konstruktif) yang akibat peristiwa masa obligation (legal or constructive) where, as a result of a past
lalu, besar kemungkinannya penyelesaian kewajiban tersebut event, it is probable that an outflow of resources embodying
mengakibatkan arus keluar sumber daya yang mengandung economic benefits will be required to settle the obligation and
manfaat ekonomi dan estimasi yang andal mengenai jumlah reliable estimate can be made of the amount of obligation.
kewajiban tersebut dapat dibuat.
Provisi ditelaah pada setiap tanggal pelaporan dan disesuaikan Provisions are reviewed at each reporting date and adjusted to
untuk mencerminkan estimasi terbaik yang paling kini. Jika arus reflect the current best estimate. If it is no longer probable that
keluar sumber daya untuk menyelesaikan kewajiban an outflow of resources embodying economic benefits will be
kemungkinan besar tidak terjadi, maka provisi dibatalkan. required to settle the obligation, the provision is reversed.
ah. Liabilitas dan aset kontinjensi ah. Contingent liabilities and assets
Liabilitas kontinjensi tidak diakui dalam laporan keuangan Contingent liabilities are not recognized in the consolidated
konsolidasian tetapi diungkapkan kecuali jika kemungkinan financial statements but are disclosed unless the possibility of
terjadi kecil. Aset kontinjensi tidak diakui namun diungkapkan an outflow of resources embodying economic benefits is
dalam laporan keuangan konsolidasian ketika adanya remote. Contingent assets are not recognized but are
kemungkinan untuk mendapatkan manfaat ekonomi. disclosed in the consolidated financial statement when an
inflow of economic benefits are probable.
ai. Informasi segmen ai. Segment information
Grup menentukan dan menyajikan segmen operasi berdasarkan The Group determines and presents operating segments
informasi yang secara internal diberikan oleh bagian akuntansi based on the information that is internally provided by
kepada pengambil keputusan operasional. accounting department to the operating decision maker.
Grup mengidentifikasikan segmen operasi sebagai suatu The Group defines an operating segment as a component of
komponen dari entitas: an entity:
1. yang terlibat dalam aktivitas bisnis yang mana 1. that engages in business activities from which it may
memperoleh pendapatan dan menimbulkan beban earn revenues and incur expenses (including revenues
(termasuk pendapatan dan beban terkait dengan transaksi and expenses relating to transactions with other
dengan komponen lain dari entitas yang sama); components of the same entity);
2. hasil operasinya dikaji ulang secara reguler oleh 2. whose operating results are reviewed regularly by the
pengambil keputusan operasional untuk membuat entity’s chief operating decision maker to make
keputusan tentang sumber daya yang dialokasikan pada decisions about resources to be allocated to the
segmen tersebut dan menilai kinerjanya; dan segment and assess its performance; and
3. tersedia informasi keuangan yang dapat dipisahkan. 3. for which discrete financial information is available.
Grup mengungkapkan segmen operasionalnya berdasarkan Bank discloses its operating segments based on business
segmen usaha yang meliputi perbankan konvensional dan segments that consist of banking conventional and sharia.
syariah.
aj. Peristiwa setelah periode pelaporan aj. Subsequent event
Setiap peristiwa setelah akhir tahun yang menyebabkan Any post-year-end event that provides additional information
tambahan informasi mengenai posisi keuangan Grup (adjusting about the Group’s financial position (adjusting event) is
event) akan disesuaikan dalam laporan keuangan reflected in the consolidated financial statements. Post-year-
konsolidasian. Peristiwa setelah akhir tahun yang bukan end events that are not adjusting events, if any, are disclosed
merupakan adjusting events, jika ada, akan diungkapkan ketika when material to the financial statements.
memiliki dampak material terhadap laporan keuangan.
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
Penyusunan laporan keuangan konsolidasian Grup The preparation of the Group’s consolidated financial
mengharuskan manajemen untuk membuat pertimbangan, statements requires management to make judgments,
estimasi dan asumsi yang mempengaruhi jumlah yang estimates and assumptions that affect the reported amounts of
dilaporkan dari pendapatan, beban, aset dan liabilitas, dan revenues, expenses, assets and liabilities, and the disclosure
pengungkapan atas liabilitas kontinjensi, pada akhir periode of contingent liabilities, at the end of the reporting period.
pelaporan. Ketidakpastian mengenai asumsi dan estimasi Uncertainty about these assumptions and estimates could
tersebut dapat mengakibatkan penyesuaian material terhadap result in outcomes that require a material adjustment to the
nilai tercatat aset dan liabilitas dalam periode pelaporan carrying amount of the asset and liability affected in future
berikutnya. periods.
52
Page 703
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Pertimbangan Judgments
Pertimbangan berikut ini dibuat oleh manajemen dalam rangka The following judgments are made by management in the
penerapan kebijakan akuntansi Grup yang memiliki pengaruh process of applying the Group’s accounting policies that have
paling signifikan atas jumlah yang diakui dalam laporan the most significant effects on the amounts recognized in the
keuangan konsolidasian: consolidated financial statements:
Kelangsungan usaha Going concern
Manajemen Grup telah melakukan penilaian atas kemampuan The Group’s management has assessed group’s ability to
Grup untuk mempertahankan kelangsungan usahanya dan continue as a going concern and believes that the Group has
berkeyakinan bahwa Grup memiliki sumber daya untuk the resources to continue its business in the future. In addition
mempertahankan usahanya di masa mendatang. Selain itu, to that, management is not aware of any material uncertainty
manajemen tidak mengetahui adanya ketidakpastian material that may cast significant doubt to the Group’s ability to
yang dapat menimbulkan keraguan yang signifikan terhadap continue as a going concern. Therefore, the consolidated
kemampuan Grup untuk mempertahankan usahanya. Oleh financial statements have been prepared on going concern
karena itu, laporan keuangan konsolidasian telah disusun atas basis.
dasar usaha yang berkelanjutan.
Klasifikasi aset dan liabilitas keuangan Classification of financial assets and liabilities
Grup menetapkan klasifikasi atas aset dan liabilitas tertentu The Group determines the classifications of certain assets and
sebagai aset keuangan dan liabilitas keuangan dengan liabilities as financial assets and financial liabilities by judging if
mempertimbangkan apakah definisi yang ditetapkan PSAK 109 they meet the definition set forth in PSAK 109. Accordingly, the
dipenuhi. Dengan demikian, aset keuangan dan liabilitas financial assets and financial liabilities are accounted for in
keuangan diakui sesuai dengan kebijakan akuntansi Grup accordance with the Group’s accounting policies disclosed in
seperti diungkapkan pada (Catatan 2e). (Note 2e).
Nilai wajar instrumen keuangan Fair value of financial instruments
Semua aset dan liabilitas dimana nilai wajar diukur atau All assets and liabilities in which fair value is measured or
diungkapkan dalam laporan keuangan konsolidasian dapat disclosed in the consolidated financial statements can be
dikategorikan pada level hierarki nilai wajar, berdasarkan classified in fair value hierarchy levels, based on the lowest
tingkatan input terendah yang signifikan atas pengukuran nilai level of input that is significant on the overall fair value
wajar secara keseluruhan: measurement:
- Level 1: harga kuotasian (tanpa penyesuaian) di pasar - Level 1: quoted price (without adjustments) in active
aktif untuk aset atau liabilitas yang identik yang dapat markets for identical assets or liabilities that are
diakses pada tanggal pengukuran. accessible at the measurement date.
- Level 2: input selain harga kuotasian yang termasuk - Level 2: inputs other than quoted prices included in level
dalam level 1 yang dapat diobservasi untuk aset dan 1 that are observable for the assets and liabilities, either
liabilitas, baik secara langsung atau tidak langsung. directly or indirectly.
- Level 3: input yang tidak dapat diobservasi untuk aset dan - Level 3: unobservable inputs for the asset and liability.
liabilitas.
Klasifikasi investasi pada biaya perolehan diamortisasi Classification to amortized cost investments
Surat berharga dengan klasifikasi pada biaya perolehan The classification under amortized cost securities requires
diamortisasi membutuhkan judgment yang signifikan. Dalam significant judgment. In making this judgment, the Group
membuat judgment ini, Grup mengevaluasi model bisnis dan evaluates its business model and the contractual termsof
persyaratan kontraktual dari aset keuangan yang pada tanggal thefinancial asset give rise on specified dates to cash flows
tertentu meningkatkan arus kas yang semata dari pembayaran that are solely payments of principal and interest.
pokok dan bunga.
Aset keuangan yang tidak memiliki harga pasar Financial assets not quoted in an active market
Grup mengklasifikasikan aset keuangan dengan mengevaluasi, The Group classifies financial assets by evaluating, among
antara lain, apakah aset tersebut dikuotasi atau tidak di pasar others, whether the asset is quoted or not in an active market.
aktif. Termasuk dalam evaluasi adalah apakah aset keuangan Included in the evaluation on whether a financial asset is
yang dikuotasi di pasar aktif tersebut ditentukan berdasarkan quoted in an active market is the determination on whether
apakah harga kuotasi tersedia secara rutin, dan apakah harga quoted prices are readily and regularly available, and whether
tersebut mencerminkan harga aktual yang secara teratur terjadi those prices represent actual and regulary occurring market
transaksi pasar secara wajar. transactions on an arm’s length basis.
53
Page 704
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Pertimbangan (lanjutan) Judgments (continued)
Kontinjensi Contingencies
Grup saat ini terlibat dalam beberapa kasus hukum. Estimasi The Group is currently involved in various legal proceedings.
atas biaya yang mungkin terjadi atas penyelesaian tuntutan- The estimate of the probable costs for the resolution of these
tuntutan tersebut sudah dikonsultasikan dengan penasihat dari claims has been developed in consultation with outside
luar yang menangani pembelaan Grup dalam hal-hal tersebut counsel handling the Group’s defense on these matters and is
dan berdasarkan analisa dari hasil yang mungkin terjadi. Grup based upon an analysis of the potential results. The Group
saat ini tidak yakin kalau kasus-kasus ini akan memiliki efek currently does not believe that these proceedings will have a
kerugian yang material pada laporan keuangan konsolidasian. material adverse effect on the consolidated financial
Bagaimanapun, ada kemungkinan dari hasil-hasil operasi di statements. It is possible, however, that future results of
masa akan datang akan terpengaruh secara material oleh operations could be materially affected by changes in the
perubahan dari perkiraan-perkiraan atau dalam keefektifan dari estimates or in the effectiveness of the strategies relating to
strategi yang berhubungan dengan kasus-kasus tersebut. the proceedings.
Penilaian mata uang fungsional Assessment of functional currency
Grup telah melakukan pertimbangan untuk menentukan mata The Group has considered to use its judgment to determine
uang fungsional yang paling mewakili dampak ekonomi dari the entity’s functional currency such that it most faithfully
suatu transaksi, kejadian dan kondisi-kondisi yang relevan represents the economic effects of the underlaying
terhadap entitas. Dalam membuat pertimbangan tersebut, Grup transactions, events and conditions that are relevant to the
telah mempertimbangkan hal-hal sebagai berikut: entity. In making this judgment, the Group has considered the
following:
- mata uang yang mempengaruhi harga jual atas instrumen - the currency that mainly influences sales prices for
keuangan dan jasa-jasa lainnya (biasanya dari mata uang financial instruments and services (this will often be the
atas harga jual instrumen keuangan dan jasa-jasa yang currency in which sales prices for its financial
telah diselesaikan); instruments and services are denominated and settled);
- mata uang atas dana yang dihasilkan dari aktivitas - the currency in which funds from financing activities are
pendanaan; dan generated; and
- mata uang atas yang biasa diterima dari aktivitas operasi. - the currency in which funds from operating are usually
retained.
Estimasi dan asumsi Estimates and assumptions
Asumsi utama masa depan dan sumber utama estimasi The key assumptions concerning the future and other key
ketidakpastian lain pada tanggal pelaporan yang memiliki risiko sources of estimation uncertainty at the reporting date that
signifikan yang dapat menimbulkan penyesuaian yang material have a significant risk of causing a material adjustment to the
terhadap nilai tercatat aset dan liabilitas untuk tahun keuangan carrying amounts of assets and liabilities within the next
berikutnya, diungkapkan di bawah ini. Grup mendasarkan financial year are disclosed below. The Group based its
asumsi dan estimasinya pada parameter yang tersedia pada assumptions and estimates on parameters available when the
saat laporan keuangan konsolidasian disusun. Situasi yang ada financial statements were prepared. Existing circumstances
dan asumsi perkembangan masa depan, dapat berubah akibat and assumptions about future developments, may change due
perubahan pasar atau situasi yang berada di luar kendali Grup. to market changes or circumstances arising beyond the control
Perubahan-perubahan tersebut dicerminkan di dalam asumsi- of the Group. Such changes are reflected in the assumptions
asumsi terkait pada saat terjadinya. as they occur.
Aset pajak tangguhan Deferred tax assets
Aset pajak tangguhan diakui atas jumlah pajak penghasilan Deferred tax assets are recognized for the future recoverable
terpulihkan (recoverable ) pada periode mendatang sebagai taxable income arising from temporary difference.
akibat perbedaan temporer yang boleh dikurangkan. Justifikasi Management’s judgement is required to determine the amount
manajemen diperlukan untuk menentukan jumlah aset pajak of deferred tax assets that can be recognized, based upon the
tangguhan yang dapat diakui, sesuai dengan waktu yang tepat likely timing on level of future taxable profits together with
dan tingkat laba fiskal di masa mendatang sejalan dengan future tax planning strategics (Note 25f).
strategi rencana perpajakan ke depan (Catatan 25f).
Pensiun Pension
Program-program pensiun ditentukan berdasarkan perhitungan Pension programs are determined based on actuarial
aktuaria. Perhitungan aktuaria menggunakan asumsi-asumsi valuation. The actuarial valuation involves assumptions such
seperti tingkat diskonto, tingkat pengembalian investasi, tingkat as discount rate expected rate of returns on investments,
kenaikan gaji, tingkat kematian, tingkat pengunduran diri dan lain- future salary increase, mortality rate, resignation rates and
lain (Catatan 44). others (Note 44).
54
Page 705
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Estimasi dan asumsi (lanjutan) Estimates and assumptions (continued)
Penurunan nilai surat berharga pada biaya perolehan Impairment of amortized cost marketable securities
Grup mereviu surat berharga yang diklasifikasikan pada biaya The Group reviews marketable securities classified amortized
perolehan diamortisasi pada setiap tanggal posisi keuangan cost at each financial position date to assess whether there is
untuk menilai apakah telah terjadi penurunan nilai. an impairment in value.
Dalam menentukan pertimbangan, Grup mengevaluasi In making this judgment, the Group evaluates, among others
diantaranya faktor, pergerakan harga pasar historis dan jangka factors, historical market price movements and duration and
waktu serta lama perpanjangan di mana nilai wajar dari investasi the extent to which the fair value of the investment is less than
kurang dari biayanya (Catatan 8 dan 49e). the cost (Note 8 and 49e).
Penurunan nilai atas aset tidak produktif Impairment of non-productive assets
Grup melakukan penilaian atas penurunan nilai pada aset non- The Group assesses impairment on non productive assets
finansial kapan saja terdapat peristiwa atau perubahan keadaan whenever events or changes in circumstances indicate that the
yang mengindikasikan bahwa nilai tercatat pada suatu aset carrying amount of an asset may not be recoverable. The
mungkin tidak dapat diperoleh kembali. Faktor-faktor yang factors that the Group considers important which could trigger
dianggap penting oleh Grup yang dapat memicu adanya ulasan an impairment review include the followings: (Note 49e)
atas penurunan nilai termasuk sebagai berikut: (Catatan 49e)
1. Kinerja di bawah rata-rata yang signifikan yang relatif 1. Significant underperfomance relative to expected
terhadap hasil historis atau proyeksi hasil operasi yang historical or projected future operating results;
diharapkan di masa yang akan datang;
2. Perubahan yang signifikan dari cara penggunaan aset 2. Significant changes in the manner of use of the acquired
yang diperoleh atau strategi untuk bisnis secara assets or the strategy for overall business; and
keseluruhan; dan
3. Tren negatif industri dan ekonomi yang signifikan. 3. Significant negative industry or economic trends.
Pengukuran penyisihan kerugian kredit ekspektasian (ECL) Measurement of expected credit loss (ECL) allowance
Pengukuran penyisihan kerugian kredit ekspektasian untuk aset The measurement of the expected credit loss allowance for
keuangan yang diukur dengan biaya perolehan diamortisasi dan financial assets measured at amortized cost and FVOCI is an
FVOCI adalah area yang memerlukan penggunaan model yang area that requires the use of complex models and significant
kompleks dan asumsi signifikan tentang kondisi ekonomi dan assumptions about future economic conditions and credit
perilaku kredit di masa depan (misalnya kemungkinan pelanggan behaviour (e.g. the likelihood of customers defaulting and the
gagal bayar dan kerugian yang timbul). Penjelasan tentang resulting losses). Explanation of the inputs, assumptions and
input , asumsi dan teknik estimasi yang digunakan dalam estimation techniques used in measuring ECL is further
mengukur ECL dirinci lebih lanjut di (Catatan 2o), yang juga detailed in (Note 2o), which also sets out key sensitivities of
menetapkan sensitivitas kunci ECL terhadap perubahan elemen- the ECL to changes in these elements.
elemen ini.
Sejumlah pertimbangan signifikan juga diperlukan dalam A number of significant judgements are also required in
menerapkan persyaratan akuntansi untuk mengukur ECL, applying the accounting requirements for measuring ECL,
seperti: such as:
- Menentukan kriteria untuk peningkatan risiko kredit yang - Determining criteria for significant increase in credit risk;
signifikan;
- Memilih model dan asumsi yang tepat untuk pengukuran - Choosing appropriate models and assumptions for the
ECL; measurement of ECL;
- Menetapkan jumlah dan bobot relatif dari skenario forward- - Establishing the number and relative weightings of
looking untuk setiap jenis produk/pasar dan ECL terkait; forward-looking scenarios for each type of
dan product/market and the associated ECL; and
- Membentuk kelompok aset keuangan serupa untuk - Establishing of similar financial assets for the purposes
keperluan pengukuran ECL. of measuring ECL.
Estimasi ini didasarkan pada asumsi-asumsi tentang sejumlah These estimates are based on assumptions about a number of
faktor dan hasil aktual mungkin berbeda, yang tercermin dalam factors and actual results may differ, as reflected in changes in
perubahan penyisihan ECL tersebut di masa mendatang the ECL allowance in the future (Note 49e).
(Catatan 49e).
55
Page 706
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Estimasi dan asumsi (lanjutan) Estimates and assumptions (continued)
Penyusutan dan estimasi masa manfaat dari aset tetap Depreciation and estimated useful lives of fixed assets
Biaya perolehan aset tetap disusutkan dengan menggunakan The costs of fixed asset are depreciated on a straight-line
metode garis lurus untuk bangunan dan metode saldo menurun method for buildings and on a double declining balance
ganda untuk selain bangunan berdasarkan taksiran masa method for other than buildings over their estimated useful
manfaat ekonomisnya. Manajemen Grup mengestimasi masa lives. The Group’s management estimates the useful lives of
manfaat ekonomis aset tetap antara 4 sampai dengan 20 tahun. these fixed assets to be within 4 to 20 years.
Perubahan tingkat pemakaian dan perkembangan teknologi Changes in the expected level of the usage and technological
dapat mempengaruhi masa manfaat ekonomis dan nilai sisa development could impact the economic useful lives and the
aset, dan karenanya biaya penyusutan masa depan mungkin residual values of the assets, and thefore future depreciation
direvisi (Catatan 16). changes could be revised (Note 16).
56
Page 707
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. KAS 3. CASH
2025 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing/ asing/
Notional Notional
amount amount
foreign foreign
currencies currencies
(Dalam Ekuivalen (Dalam Ekuivalen
angka penuh/ Rupiah/ angka penuh/ Rupiah/
In full Rupiah In full Rupiah
amount ) equivalent amount ) equivalent
Rupiah 4.251.008 2.821.897 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 2.036.864 33.968 880.792 14.295 United States Dollar
Riyal Saudi Arabia 5.654.918 25.145 3.431.060 14.699 Saudi Arabian Riyal
Euro Eropa 721.195 14.115 165.050 2.766 European Euro
Dolar Singapura 907.993 11.769 587.627 6.841 Singapore Dollar
Dolar Australia 455.335 5.078 134.285 1.345 Australian Dollar
Ringgit Malaysia 858.021 3.525 808.422 2.909 Malaysian Ringgit
Dolar Hong Kong 460.040 985 227.120 471 Hongkong Dollar
Poundsterling Inggris Raya 42.545 955 57.745 1.168 Great Britain Poundsterling
Yuan China Renminbi 249.880 596 110.324 242 Chinese Yuan Renminbi
Yen Jepang 2.957.000 315 8.207.000 846 Japanese Yen
Jumlah mata uang asing 96.451 45.582 Total foreign currencies
Jumlah kas 4.347.459 2.867.479 Total cash
Kas dalam Rupiah pada tanggal 31 Desember 2025 dan 2024, masing- Cash in Rupiah as of December 31, 2025 and 2024, includes funds
masing termasuk uang pada mesin Anjungan Tunai Mandiri (ATM) at Automatic Teller Machines (ATM) and Cash Recycle Machine
dan Cash Recycle Machine (CRM) sejumlah Rp697.042 dan (CRM) amounting to Rp697,042 and Rp457,966, respectively.
Rp457.966.
4. GIRO PADA BANK INDONESIA 4. CURRENT ACCOUNTS WITH BANK INDONESIA
2025 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing/ asing/
Notional Notional
amount amount
foreign foreign
currencies currencies
(Dalam Ekuivalen (Dalam Ekuivalen
angka penuh/ Rupiah/ angka penuh/ Rupiah/
In full Rupiah In full Rupiah
amount ) equivalent amount ) equivalent
Rupiah 6.580.552 5.551.957 Rupiah
Dolar Amerika Serikat 39.687 2.000.000 32.190 United States Dollar
Jumlah 6.620.239 5.584.147 Total
Dalam giro pada Bank Indonesia termasuk giro yang didasarkan pada Current accounts with Bank Indonesia include current accounts
prinsip perbankan syariah sebesar Rp476.601 dan Rp738.890 masing- based on sharia banking principles amounting to Rp476,601 and
masing pada tanggal 31 Desember 2025 dan 2024. Rp738,890 as of December 31, 2025 and 2024, respectively.
Giro Wajib Minimum (GWM) Bank sesuai dengan Peraturan Bank Minimum Statutory Reserves (GWM) Bank in accordance with Bank
Indonesia dan Peraturan Anggota Dewan Gubernur (PADG) Indonesia (BI) Regulation Regulation of Members of The Board of
diungkapkan pada Catatan 65a. Governors (PADG) are disclosed in Note 65a.
57
Page 708
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
5. GIRO PADA BANK LAIN 5. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan bank a. By bank
2025 2024
Rupiah Rupiah
PT Bank Rakyat Indonesia (Persero) Tbk 340.519 337.388 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Central Asia Tbk 147.544 73.275 PT Bank Central Asia Tbk
PT Bank CIMB Niaga Tbk 25.184 17.699 PT Bank CIMB Niaga Tbk
PT Bank Mandiri (Persero) Tbk 19.075 4.612 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia (Persero) Tbk 1.765 488 PT Bank Negara Indonesia (Persero) Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Barat dan Banten Tbk 313 - Jawa Barat dan Banten Tbk
PT Bank Pembangunan Daerah Banten PT Bank Pembangunan Daerah Banten
(Perseroda)Tbk 69 - (Perseroda)Tbk
PT Bank Pembangunan Daerah Papua 56 - PT Bank Pembangunan Daerah Papua
PT Bank Jakarta 35 - PT Bank Jakarta
PT Bank Danamon Indonesia Tbk 13 - PT Bank Danamon Indonesia Tbk
PT Bank Syariah Indonesia Tbk 1 236 PT Bank Syariah Indonesia Tbk
534.574 433.698
Mata uang asing Foreign currencies
PT Bank Negara Indonesia (Persero) Tbk 70.858 21.746 PT Bank Negara Indonesia (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk 40.637 863 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Central Asia Tbk 17.083 31.356 PT Bank Central Asia Tbk
PT Bank ICBC Indonesia 5.607 812 PT Bank ICBC Indonesia
PT Bank Mandiri (Persero) Tbk 2.768 4.865 PT Bank Mandiri (Persero) Tbk
PT Maybank Indonesia Tbk 28 - PT Maybank Indonesia Tbk
PT CIMB Niaga Tbk 1.224 - PT CIMB Niaga Tbk
DBS Singapore Ltd. 2.704 11.744 DBS Singapore Ltd.
140.909 71.386
Jumlah 675.483 505.084 Total
Cadangan kerugian penurunan nilai (176) (277) Allowance for impairment losses
Jumlah - bersih 675.307 504.807 Total - net
Pada tanggal 31 Desember 2025 dan 2024, giro pada bank lain As of December 31, 2025 and 2024, current accounts with other banks
termasuk giro yang ditempatkan oleh unit usaha syariah masing- include current accounts sharia business unit amounting to Rp499 and
masing sebesar Rp499 dan Rp563. Rp563, respectively.
b Berdasarkan mata uang b. By currency
2025 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing/ asing/
Notional Notional
amount amount
foreign foreign
currencies currencies
(Dalam Ekuivalen (Dalam Ekuivalen
angka penuh/ Rupiah/ angka penuh/ Rupiah/
In full Rupiah In full Rupiah
amount ) equivalent amount ) equivalent
Rupiah 534.574 433.698 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 7.421.295 123.751 3.302.339 53.151 United States Dollar
Yuan China Renminbi 2.351.095 5.607 368.389 812 Chinese Yuan Renminbi
Dolar Australia 496.473 5.537 193.798 1.941 Australian Dollar
Dolar Singapura 208.495 2.703 991.526 11.744 Singapore Dollar
Yen Jepang 13.485.461 1.436 5.552.857 572 Japenese Yen
Dolar Hong Kong 345.503 740 195.690 406 Hong Kong Dollar
Euro Eropa 36.895 722 119.540 2.003 European Euro
Poundsterling Inggris Raya 17.179 385 374.511 757 Great Britain Poundsterling
Ringgit Malaysia 6.803 28 - - Ringgit Malaysian
Jumlah mata uang asing 140.909 71.386 Total foreign currencies
Cadangan kerugian penurunan nilai (176) (277) Allowance for impairment
Jumlah - bersih 675.307 504.807 Total - net
58
Page 709
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
5. GIRO PADA BANK LAIN (lanjutan) 5. CURRENT ACCOUNTS WITH OTHER BANKS (continued)
c. Tingkat suku bunga per tahun c. Interest rates per annum
2025 2024
Rupiah 0,20% 0,07% Rupiah
Mata uang asing 0,02% 0,02% Foreign currencies
d Berdasarkan hubungan d. By relationship
Pada tanggal 31 Desember 2025, terdapat giro pada bank lain As of December 31, 2025, there were current accounts in
pada pihak berelasi. Pada tanggal 31 Desember 2024, tidak related parties. As of December 31, 2024, there were No.
terdapat giro bank lain pada pihak berelasi. current accounts in related parties.
e. Berdasarkan kolektibilitas e. By collectability
Kolektibilitas giro pada bank lain sesuai Peraturan OJK Collectibility current accounts with other banks in accordance
diungkapkan pada Catatan 65b. with Financial Service Authority Rule are disclosed in Note
65b.
f. Nilai tercatat f. Carrying amount
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Rupiah 534.574 - - 534.574 Rupiah
Mata uang asing 140.909 - - 140.909 Foreign currencies
Jumlah 675.483 - - 675.483 Total
Cadangan kerugian penurunan nilai (176) - - (176) Allowance for impairment losses
Jumlah - bersih 675.307 - - 675.307 Total - net
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Rupiah 433.698 - - 433.698 Rupiah
Mata uang asing 71.386 - - 71.386 Foreign currencies
Jumlah 505.084 - - 505.084 Total
Cadangan kerugian penurunan nilai (277) - - (277) Allowance for impairment losses
Jumlah - bersih 504.807 - - 504.807 Total - net
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 277 - - 277 Balance at beginning of year
Dampak akuisisi 3 - - 3 Acquisition impact
Pemulihan tahun berjalan (104) - - (104) Recovery during the year
Saldo akhir tahun 176 - - 176 Balance at end of year
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 1.077 - - 1.077 Balance at beginning of year
Pemulihan tahun berjalan (800) - - (800) Recovery during the year
Saldo akhir tahun 277 - - 277 Balance at end of year
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk telah memadai untuk menutup is adequate to cover the possible losses of uncollectible
kemungkinan terjadinya kerugian atas tidak tertagihnya giro pada current account with other banks.
bank lain.
Informasi mengenai klasifikasi aset keuangan yang mengalami Information with respect to classification of impaired and not
penurunan nilai dan tidak mengalami penurunan nilai berikut impaired financial assets also information about the staging of
dengan informasi staging cadangan kerugian penurunan nilai giro current account with other banks are disclosed in Note 49e.
pada bank lain diungkapkan pada Catatan 49e.
59
Page 710
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
a. Berdasarkan jenis, counterparty, dan mata uang a. By type, counterparty, and currency
2025 2024
Rupiah Rupiah
Interbank call money Interbank call money
PT Bank Rakyat Indonesia Tbk 1.327.000 - PT Bank Rakyat Indonesia Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Tengah 490.000 - Sulawesi Tengah
PT Bank Danamon Indonesia Tbk 420.000 - PT Bank Danamon Indonesia Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Selatan 295.000 - Kalimantan Selatan
PT Bank Pan Indonesia Tbk 280.000 - PT Bank Pan Indonesia Tbk
PT Bank Pembangunan Daerah Papua 250.000 - PT Bank Pembangunan Daerah Papua
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Timur dan Kalimantan Utara 200.000 - Kalimantan Timur dan Kalimantan Utara
PT Bank Mega Tbk 155.000 - PT Bank Mega Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Daerah Istimewa Yogyakarta 110.000 50.000 Daerah Istimewa Yogyakarta
PT Bank Pembangunan Daerah Bengkulu 100.000 - PT Bank Pembangunan Daerah Bengkulu
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Tengah 100.000 - Kalimantan Tengah
PT Bank Pembangunan Daerah Jambi - PT Bank Pembangunan Daerah Jambi
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Maluku dan Maluku Utara 100.000 - Maluku dan Maluku Utara
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sumatera Selatan dan Bangka Belitung 50.000 50.000 Sumatera Selatan dan Bangka Belitung
PT Bank Muamalat Indonesia Tbk 40.000 - PT Bank Muamalat Indonesia Tbk
PT Bank Pembangunan Daerah Jawa Tengah 40.000 - PT Bank Pembangunan Daerah Jawa Tengah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Tenggara - 150.000 Sulawesi Tenggara
PT Bank Pembangunan Daerah Lampung - 100.000 PT Bank Pembangunan Daerah Lampung
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Nusa Tenggara Timur - 100.000 Nusa Tenggara Timur
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Utara Gorontalo - 50.000 Sulawesi Utara Gorontalo
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Selatan dan Sulawesi Barat - 50.000 Sulawesi Selatan dan Sulawesi Barat
3.957.000 550.000
Deposit Facility 2.828.287 665.000 Deposit Facility
Deposit Facility Syariah (FASBIS) 1.363.403 - Deposit Facility Syariah (FASBIS)
4.191.690 665.000
Deposito berjangka Time deposits
PT Bank Muamalat Indonesia Tbk 50.000 - PT Bank Muamalat Indonesia Tbk
PT Bank Perekonomian Rakyat PT Bank Perekonomian Rakyat
Syariah Unawi Barokah 2.000 - Syariah Unawi Barokah
PT Bank Perekonomian Rakyat Syariah PT Bank Perekonomian Rakyat Syariah
Bank Sampang 1.000 - Bank Sampang
PT Bank Perekonomian Rakyat Syariah PT Bank Perekonomian Rakyat Syariah
Bumi Rinjani Kepanjen 1.000 - Bumi Rinjani Kepanjen
54.000 -
60
Page 711
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN (lanjutan) 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
(continued)
a. Berdasarkan jenis, counterparty, dan mata uang (lanjutan) a. By type, counterparty, and currency (continued)
2025 2024
Mata uang asing Foreign currencies
Interbank call money Interbank call money
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Barat dan Banten Tbk 133.400 80.475 Jawa Barat dan Banten Tbk
PT Bank SBI Indonesia 83.375 64.380 PT Bank SBI Indonesia
PT Bank Nationalnobu Tbk 133.400 64.380 PT Bank Nationalnobu Tbk
PT Bank Maspion Indonesia Tbk - 128.760 PT Bank Maspion Indonesia Tbk
PT Bank Syariah Indonesia Tbk - 80.475 PT Bank Syariah Indonesia Tbk
350.175 418.470
Jumlah 8.552.865 1.633.470 Total
Cadangan kerugian penurunan nilai (380) (1.278) Allowance for impairment losses
Jumlah - bersih 8.552.485 1.632.192 Total - net
Pada tanggal 31 Desember 2025 dan 2024, dalam penempatan As of December 31, 2025 and 2024, placements with Bank
pada Bank Indonesia dan bank lain termasuk penempatan yang Indonesia and other banks include placements of sharia
ditempatkan oleh unit usaha syariah masing-masing sebesar business unit amounting to Rp1,417,403 and Rp665,000
Rp1.417.403 dan Rp665.000. respectively.
Pada tanggal 31 Desember 2025 dan 2024, tidak memiliki As of December 31, 2025 and 2024, no funds placed with
penempatan pada pihak berelasi. related parties.
b. Berdasarkan jangka waktu b. By maturity
2025 2024
< 1 bulan 999.829 1.569.090 Less than 1 month
1 - 3 bulan 7.553.036 64.380 1 - 3 months
Jumlah 8.552.865 1.633.470 Total
Cadangan kerugian penurunan nilai (380) (1.278) Allowance for impairment losses
Jumlah - bersih 8.552.485 1.632.192 Total - net
c. Berdasarkan kolektibilitas c. By collectability
Kolektibilitas penempatan pada Bank Indonesia dan bank lain Collectibility placements with Bank Indonesia and other banks
sesuai Peraturan OJK diungkapkan pada Catatan 65c. in accordance with Financial Service Authority Rule are
disclosed in Note 65c.
d. Tingkat suku bunga per tahun d. Interest rates per annum
2025 2024
Rupiah Rupiah
Interbank call money 4,66% 6,25% Interbank call money
Deposit facility 3,75% 5,34% Deposit facility
Deposit berjangka 5,58% 6,37% Time deposit
Term deposit 4,69% 0,00% Term deposit
Mata uang asing Foreign currencies
Term deposit - 5,16% Term deposit
Interbank call money 4,03% 5,25% Interbank call money
61
Page 712
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN (lanjutan) 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
(continued)
e. Nilai tercatat e. Carrying amount
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Penempatan pada Bank Indonesia 4.191.690 - - 4.191.690 Placements with Bank Indonesia
Interbank call money 4.307.175 - - 4.307.175 Interbank call money
Deposito berjangka 54.000 - - 54.000 Time deposits
Jumlah 8.552.865 - - 8.552.865 Total
Cadangan kerugian penurunan nilai (380) - - (380) Allowance for impairment losses
Jumlah - bersih 8.552.485 - - 8.552.485 Total - net
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Interbank call money 968.470 - - 968.470 Interbank call money
Penempatan pada Bank Indonesia 665.000 - - 665.000 Placements with Bank Indonesia
Jumlah 1.633.470 - - 1.633.470 Total
Cadangan kerugian penurunan nilai (1.278) - - (1.278) Allowance for impairment losses
Jumlah - bersih 1.632.192 - - 1.632.192 Total - net
f. Cadangan kerugian penurunan nilai f. Allowance for impairment losses
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 1.278 - - 1.278 Balance at beginning of year
Pemulihan tahun berjalan (898) - - (898) Recovery during the year
Saldo akhir tahun 380 - - 380 Balance at end of year
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 5.026 - - 5.026 Balance at beginning of year
Pemulihan tahun berjalan (3.748) - - (3.748) Recovery during the year
Saldo akhir tahun 1.278 - - 1.278 Balance at end of year
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk telah memadai untuk menutup is adequate to cover the possible losses of uncollectible
kemungkinan terjadinya kerugian atas tidak tertagihnya placements with Bank Indonesia and other banks.
penempatan pada Bank Indonesia dan bank lain.
Informasi mengenai klasifikasi aset keuangan yang mengalami Information with respect to classification of impaired and not
penurunan nilai dan tidak mengalami penurunan nilai berikut impaired financial assets also information about the staging of
dengan informasi staging cadangan kerugian penurunan nilai placements with Bank Indonesia and other banks are
penempatan pada Bank Indonesia dan bank lain diungkapkan pada disclosed in Note 49e.
Catatan 49e.
g. Penempatan pada bank lain yang digunakan sebagai jaminan g. Placements with other banks pledged as collateral
Tidak terdapat penempatan pada bank lain yang digunakan There were no placements with other banks pledged as
sebagai jaminan pada tanggal 31 Desember 2025 dan 2024. collateral as of December 31, 2025 and 2024 .
62
Page 713
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. TAGIHAN DAN LIABILITAS DERIVATIF 7. DERIVATIVE RECEIVABLES AND LIABILITIES
2025
Jumlah nosional Nilai wajar / Fair values
mata uang asing /
Notional amount Tagihan Liabilitas
foreign currencies derivatif / derivatif /
Jenis valuta / (dalam angka penuh Derivative Derivative
Instrumen Currency / in full amount) receivables liabilities Instruments
Terkait nilai tukar Exchange rate related
Kotrak swap jual - beli USD 20.000.000 2.165 - Swap contract - sell
2024
Jumlah nosional Nilai wajar / Fair values
mata uang asing /
Notional amount Tagihan Liabilitas
foreign currencies derivatif / derivatif /
Jenis valuta / (dalam angka penuh Derivative Derivative
Instrumen Currency / in full amount) receivables liabilities Instruments
Terkait nilai tukar Exchange rate related
Kontrak swap - jual USD 10.000.000 1.144 - Swap contract - sell
8. SURAT BERHARGA 8. MARKETABLE SECURITIES
a. Berdasarkan jenis dan mata uang a. By type and currency
2025 2024
Nilai Nilai
nominal/ Nilai tercatat/ nominal/ Nilai tercatat/
Nominal Carrying Nominal Carrying
value value value value
Rupiah Rupiah
Biaya perolehan diamortisasi Amortised cost
Surat Utang Negara 5.460.519 5.494.524 6.293.803 6.401.962 Government bonds
Surat berharga syariah negara 439.722 440.020 2.194.244 2.189.756 Government sharia securites
Obligasi 1.446.700 1.441.954 2.018.471 2.022.203 Bonds
Sukuk Bank Indonesia 1.877.707 1.874.444 1.501.132 1.501.132 Sukuk of Bank Indonesia
Sertifikat Pengelolaan Dana Berdasarkan Certificate of Fund Management Based on
Prinsip Syariah Antarbank (SIPA) 2.150.000 2.150.000 645.000 645.000 Interbank Sharia Principles (SIPA)
Sekuritas Rupiah Bank Indonesia 4.099.527 3.991.275 2.850.000 2.802.182 Bank Indonesia Rupiah securities
Sertifikat Investasi Mudharabah Interbank Mudharabah
Antarbank (SIMA) 300.000 300.000 950.000 950.000 Investment Certificate
Sukuk Korporasi 189.000 190.638 203.000 203.429 Sukuk of Corporation
Reksadana 248.000 248.000 190.000 190.000 Mutual Fund
Surat kredit berdokumen dalam negeri 5.674 5.231 13.036 12.999 Domestic L/C
Jumlah 16.216.849 16.136.086 16.858.686 16.918.663 Total
Penyisihan kerugian penurunan nilai - (253) - (3.052) Allowance for impairment
Jumlah biaya perolehan diamortisasi 16.216.849 16.135.833 16.858.686 16.915.611 Total Amortized cost
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) or loss (FVTPL)
Sertifikat Bank Indonesia 350.000 334.836 - - Certificates of Bank Indonesia
Penyisihan kerugian penurunan nilai - - - - Allowance for impairment
Jumlah diukur pada nilai wajar melalui losses
Total fair value through
laba rugi (FVTPL) 350.000 334.836 - - profit or loss (FVTPL)
63
Page 714
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
a. Berdasarkan jenis dan mata uang (lanjutan) a. By type and currency (continued)
2025 2024
Nilai Nilai
nominal/ Nilai tercatat/ nominal/ Nilai tercatat/
Nominal Carrying Nominal Carrying
value value value value
Rupiah Rupiah
Nilai wajar melalui melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Surat Utang Negara 10.683.904 11.254.968 8.455.565 8.427.170 Government bonds
Sekuritas Rupiah Bank Indonesia 50.000 49.759 2.940.315 2.852.641 Bank Indonesia Rupiah securities
Sekuritas Berharga Syariah Negara - - 1.358.807 1.318.614 Government Sharia securities
Sukuk Bank Indonesia 325.128 330.386 - - Sukuk of Bank Indonesia
Obligasi subordinasi 35.000 - - - Subordinated bonds
Jumlah nilai wajar melalui melalui Total fair value through
penghasilan komprehensif lain 11.094.032 11.635.113 12.754.687 12.598.425 other comprehensive income
Mata uang asing: Foreign currencies:
Wesel 1.262 1.262 - - Bill
Jumlah 11.095.294 11.636.375 12.754.687 12.598.425 Total
Penyisihan kerugian penurunan nilai - - - - Allowance for impairment
Jumlah - bersih 27.662.143 28.107.044 29.613.373 29.514.036 losses
Total - net
Pada tanggal 31 Desember 2025 dan 2024, tidak terdapat surat As of December 31, 2025 and 2024, there were no marketable
berharga pada pihak berelasi. securities transactions with related parties.
b. Berdasarkan penerbit b. By issuer
2025 2024
Pemerintah Republik Indonesia 17.943.030 17.754.573 Government of the Republic of Indonesia
Bank Indonesia 5.810.187 4.992.656 Bank Indonesia
Perbankan 3.124.689 4.876.909 Banking
Korporasi 1.229.391 1.892.950 Corporate
28.107.297 29.517.088
Penyisihan kerugian penurunan nilai (253) (3.052) Allowance for impairment losses
Jumlah 28.107.044 29.514.036 Total
64
Page 715
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
c. Berdasarkan peringkat c. By rating
2025
Nilai tercatat /
Pemeringkat / Peringkat / Carrying
Agencies Rating value
Rupiah: Rupiah:
Pemerintah Republik Indonesia - - 17.943.030 Government Bonds
Bank Indonesia - - 5.866.577 Bank Indonesia
PT Bank Syariah Indonesia Tbk Pefindo idAAA 1.462.000 PT Bank Syariah Indonesia Tbk
PT Bank Muamalat Indonesia Tbk Pefindo idA+ 300.000 PT Bank Muamalat Indonesia Tbk
PT Bank Rakyat Indonesia (Persero) Tbk Pefindo idAAA 163.990 PT Bank Rakyat Indonesia (Persero) Tbk
PT Permodalan Nasional Madani (Persero) Pefindo idAAA 275.000 PT Permodalan Nasional Madani (Persero)
PT Bank Mandiri (Persero) Tbk Pefindo idAAA 210.192 PT Bank Mandiri (Persero) Tbk
PT Pupuk Indonesia (Persero) Pefindo idAAA 207.077 PT Pupuk Indonesia (Persero)
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Timur dan Kalimantan Utara Pefindo idA 350.000 Kalimantan Timur dan Kalimantan Utara
PT Bank Jabar Banten Syariah Pefindo idAA- 50.000 PT Bank Jabar Banten Syariah
PT Astra Sedaya Finance Fitch Indonesia AAA(idn) 130.000 PT Astra Sedaya Finance
PT Semen Indonesia (Persero) Tbk Pefindo idAAA 20.201 PT Semen Indonesia (Persero) Tbk
PT Kereta Api Indonesia (Persero) Pefindo idAAA 114.598 PT Kereta Api Indonesia (Persero)
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Riau Kepri Syariah (Perseroda) Fitch Indonesia A(idn) 200.000 Riau Kepri Syariah (Perseroda)
PT Sarana Multigriya Finansial (Persero) Pefindo idAAA 97.000 PT Sarana Multigriya Finansial (Persero)
PT Mandiri Tunas Finance Pefindo idAAA 92.952 PT Mandiri Tunas Finance
PT Bank Negara Indonesia (Persero) Tbk Pefindo idAAA 70.000 PT Bank Negara Indonesia (Persero) Tbk
PT Pegadaian (Persero) Pefindo idAAA 100.000 PT Pegadaian (Persero)
PT Sarana Multi Infrastruktur (Persero) Pefindo idAAA 30.208 PT Sarana Multi Infrastruktur (Persero)
PT Bank Mandiri Taspen Fitch Indonesia AA(idn) 77.027 PT Bank Mandiri Taspen
PT Bank DBS Indonesia Fitch Indonesia AAA(idn) 68.597 PT Bank DBS Indonesia
PT Maybank Indonesia Tbk Pefindo idAAA 10.000 PT Maybank Indonesia Tbk
PT Perusahaan Listrik Negara (Persero) Pefindo idAAA 10.243 PT Perusahaan Listrik Negara (Persero)
PT Lembaga Pembiayaan Ekspor PT Lembaga Pembiayaan Ekspor
PT Toyota Astra Financial Services Fitch Indonesia AAA(idn) 10.000 PT Toyota Astra Financial Services
PT Oki Pulp & Paper Mills Pefindo idA+ 9.000 PT Oki Pulp & Paper Mills
PT Angkasa Pura Pefindo idAAA 5.048 PT Angkasa Pura
PT Federal International Finance Pefindo idAAA 4.998 PT Federal International Finance
PT Adira Dinamika Multi Finance Tbk Pefindo idAAA 30.000 PT Adira Dinamika Multi Finance Tbk
PT Chandra Asri Pacific Tbk Pefindo idAA- 30.000 PT Chandra Asri Pacific Tbk
PT PNM Investment Management Pefindo idAAA 58.000 PT PNM Investment Management
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Tengah Pefindo IdAA- 100.000 Jawa Tengah
Lembaga Pembiayaan Ekspor Indonesia Pefindo idAAA 5.065 Lembaga Pembiayaan Ekspor Indonesia
Surat Kredit Berdokumen Dalam Negeri 5.232 Domestic L/C
Jumlah Rupiah 28.106.035 Jumlah Rupiah
2025
Nilai tercatat /
Pemeringkat / Peringkat / Carrying
Agencies Rating value
Mata uang asing: Foreign currency:
Wesel - - 1.262 Bill
28.107.297
Penyisihan kerugian penurunan nilai (253) Allowance for impairment losses
Jumlah surat-surat berharga 28.107.044 Total marketable securities
65
Page 716
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
c. Berdasarkan peringkat (lanjutan) c. By rating (continued)
2024
Nilai tercatat /
Pemeringkat / Peringkat / Carrying
Agencies Rating value
Rupiah: Rupiah:
Pemerintah Republik Indonesia - - 17.754.573 Government Bonds
Bank Indonesia - - 4.992.656 Bank Indonesia
PT Bank Pan Indonesia Tbk Pefindo idAA+ 898.559 PT Bank Pan Indonesia Tbk
PT Bank Central Asia Tbk Pefindo idAAA 663.043 PT Bank Central Asia Tbk
PT Bank Rakyat Indonesia (Persero) Tbk Pefindo idAAA 430.671 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank DBS Indonesia Fitch Indonesia AAA(idn) 419.714 PT Bank DBS Indonesia
PT Bank Muamalat Indonesia Tbk Pefindo idA+ 400.000 PT Bank Muamalat Indonesia Tbk
PT Permodalan Nasional Madani (Persero) Pefindo idAA+ 329.739 PT Permodalan Nasional Madani (Persero)
PT Bank Syariah Indonesia Tbk Pefindo idAAAA(sy) 312.000 PT Bank Syariah Indonesia Tbk
PT Bank CIMB Niaga Tbk Pefindo idAAA 247.943 PT Bank CIMB Niaga Tbk
PT Pupuk Indonesia (Persero) Pefindo idAAA 207.019 PT Pupuk Indonesia (Persero)
PT Bank Aceh Syariah Pefindo idA+ 200.000 PT Bank Aceh Syariah
PT Bank Syariah Mega Indonesia Pefindo idAA- 200.000 PT Bank Syariah Mega Indonesia
PT Sarana Multigriya Finansial (Persero) Pefindo idAAA 177.036 PT Sarana Multigriya Finansial (Persero)
PT Astra Sedaya Finance Fitch Indonesia AAA(idn) 174.991 PT Astra Sedaya Finance
PT Pegadaian (Persero) Pefindo idAAA 164.000 PT Pegadaian (Persero)
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Timur dan Kalimantan Utara Pefindo idA 150.000 Kalimantan Timur dan Kalimantan Utara
PT Bank Mandiri (Persero) Tbk Pefindo idAAA 122.313 PT Bank Mandiri (Persero) Tbk
PT Semen Indonesia (Persero) Tbk Pefindo idAAA 120.874 PT Semen Indonesia (Persero) Tbk
PT Kereta Api Indonesia (Persero) Pefindo idAAA 115.484 PT Kereta Api Indonesia (Persero)
PT Bank Jabar Banten Syariah Pefindo idAA 100.000 PT Bank Jabar Banten Syariah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Tengah Pefindo idAA- 100.000 Jawa Tengah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sumatera Selatan dan Bangka Belitung Pefindo idA+ 100.000 Sumatera Selatan dan Bangka Belitung
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Selatan dan Sulawesi Barat Pefindo idA+ 100.000 Sulawesi Selatan dan Sulawesi Barat
PT Mandiri Tunas Finance Pefindo idAAA 92.907 PT Mandiri Tunas Finance
PT XL Axiata Fitch Indonesia AAA(idn) 85.040 PT XL Axiata
PT Tower Bersama Infrastructure Fitch Indonesia AA+(idn) 84.707 PT Tower Bersama Infrastructure
PT Bank Negara Indonesia (Persero) Tbk Pefindo idAAA 80.000 PT Bank Negara Indonesia (Persero) Tbk
PT Bank Tabungan Negara (Persero) Tbk Fitch Indonesia AA+(idn) 69.333 PT Bank Tabungan Negara (Persero) Tbk
PT Sarana Multi Infrastruktur (Persero) Pefindo idAAA 68.504 PT Sarana Multi Infrastruktur (Persero)
PT Federal International Finance Fitch Indonesia AAA(idn) 64.944 PT Federal International Finance
PT Adira Dinamika Multi Finance Tbk Pefindo idAAA 54.979 PT Adira Dinamika Multi Finance Tbk
PT Perusahaan Listrik Negara (Persero) Pefindo idAAA 53.435 PT Perusahaan Listrik Negara (Persero)
PT Bank OCBC NISP Tbk Fitch Indonesia AAA(idn) 49.780 PT Bank OCBC NISP Tbk
PT Bank Sinarmas Tbk Fitch Indonesia A(idn) 49.780 PT Bank Sinarmas Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Barat Pefindo idA 45.000 Kalimantan Barat
PT Bank Mandiri Taspen Fitch Indonesia AA(idn) 37.109 PT Bank Mandiri Taspen
PT Jasa Marga (Persero) Tbk Pefindo idAA 33.066 PT Jasa Marga (Persero) Tbk
PT Chandra Asri Petrochemical Tbk Pefindo idAA- 30.000 PT Chandra Asri Petrochemical Tbk
PT Maybank Indonesia Tbk Pefindo idAAA 23.000 PT Maybank Indonesia Tbk
PT Bank Mega Tbk Pefindo idAA- 20.711 PT Bank Mega Tbk
PT Bank Permata Tbk Pefindo idAAA 14.908 PT Bank Permata Tbk
PT Lembaga Pembiayaan Ekspor PT Lembaga Pembiayaan Ekspor
Indonesia (Persero) Pefindo idAAA 10.314 Indonesia (Persero)
PT Toyota Astra Financial Services Fitch Indonesia AAA(idn) 10.000 PT Toyota Astra Financial Services
PT Bank HSBC Indonesia - - 9.873 PT Bank HSBC Indonesia
PT BPD Jawa Barat dan Banten Tbk Pefindo idAA 9.859 PT BPD Jawa Barat dan Banten Tbk
Dipindahkan 29.477.864 Brought forward
66
Page 717
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
c. Berdasarkan peringkat (lanjutan) c By rating (continued)
2024
Nilai tercatat /
Pemeringkat / Peringkat / Carrying
Agencies Rating value
Pindahan 29.477.864 Carried forward
PT Oki Pulp & Paper Mills Pefindo idAA+ 9.000 PT Oki Pulp & Paper Mills
PT Medco Energi Internasional Pefindo idAA- 6.992 PT Medco Energi Internasional
PT Angkasa Pura Pefindo idAAA 5.140 PT Angkasa Pura
PT Telkom Indonesia Tbk Pefindo idAAA 5.093 PT Telkom Indonesia Tbk
Surat kredit berdokumen dalam negeri 12.999 Domestic L/C
Jumlah Rupiah 29.517.088 Allowance for impairment losses
Penyisihan kerugian penurunan nilai (3.052) Total Rupiah
Jumlah surat-surat berharga 29.514.036 Total marketable securities
d. Berdasarkan jangka waktu dan tingkat bunga d. By maturity and interest rates
2025 2024
Kurang dari 1 tahun 5.336.382 8.778.954 Less than 1 year
1 - 5 tahun 11.928.279 11.929.434 1 - 5 year
Lebih dari 5 tahun 10.842.636 8.808.700 More than 5 years
28.107.297 29.517.088
Penyisihan kerugian penurunan nilai (253) (3.052) Allowance for impairment losses
Jumlah 28.107.044 29.514.036 Total
e. Berdasarkan tingkat bunga e. By interest rates
2025 2024
Rupiah Rupiah
Surat Utang Negara 6,63% 6,25% Government bonds
Obligasi 6,67% 6,88% Bonds
Sekuritas Rupiah Bank Indonesia 4,91% 6,99% Rupiah securities of Bank Indonesia
Sukuk Bank Indonesia 5,62% 6,30% Sukuk of Bank Indonesia
Surat Berharga Syariah Negara 6,53% 5,26% Government Sharia Securites
Sukuk Korporasi 6,77% 7,11% Sukuk of Corporation
Sertifikat Investasi Mudharabah Antarbank 4,69% 6,19% Interbank Mudharabah Investment
Sertifikat Pengelolaan Dana Berdasarkan Certificate of Fund Management Based
Prinsip Syariah Antarbank (SIPA) 4,58% 6,25% Interbank Sharia Principles
Negotiable Certificate of Deposit (NCD) 6,85% 6,53% Negotiable Certificate of Deposit (NCD)
Reksadana 4,49% 8,11% Mutual Fund
f. Perubahan laba (rugi) yang belum direalisasi f. The movement of unrealized gains (losses)
Perubahan laba (rugi) yang belum direalisasi dari perubahan nilai The movement of unrealized gains (losses) from the change in
wajar surat berharga untuk tujuan investasi yang diukur pada nilai fair value of marketable securities measured at fair value through
wajar melalui penghasilan komprehensif lain adalah sebagai other comprehensive income are as follows:
berikut:
2025 2024
Saldo awal (150.141) (78.960) Beginning balance
Laba (rugi) yang belum direalisasi Unrealized gains (loss)
selama tahun berjalan 455.828 (106.389) during the year
Jumlah sebelum pajak tangguhan 305.687 (185.349) Total before deferred tax
Pajak tangguhan (58.136) 35.208 Deferred tax
Saldo akhir bersih 247.551 (150.141) Ending balance net
g. Kolektibilitas g. Collectibility
Kolektibilitas surat-surat berharga sesuai Peraturan OJK Collectibility marketable securities in accordance with Financial
diungkapkan pada Catatan 65d. Service Authority Rule are disclosed in Note 65d.
67
Page 718
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
h. Nilai tercatat h. Carrying amount
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Rupiah: Rupiah:
Surat Utang Negara 16.749.492 - - 16.749.492 Government bonds
Sekuritas Rupiah Bank Indonesia 4.375.870 - - 4.375.870 Rupiah securities of Bank Indonesia
Sukuk Bank Indonesia 2.204.830 - - 2.204.830 Sukuk of Bank Indonesia
Sertifikat Investasi Interbank Mudharabah
Mudharabah Antarbank (SIMA) 2.450.000 - - 2.450.000 Investment Certificate (SIMA)
Obligasi 1.441.954 - - 1.441.954 Bonds
Surat Berharga Syariah Negara 440.020 440.020 Government Sharia Securites
Reksadana 248.000 - - 248.000 Mutual Fund
Sukuk Korporasi 190.638 - - 190.638 Sukuk of Corporation
Surat kredit berdokumen
dalam negeri 5.231 - - 5.231 Domestic L/C
Mata uang asing: Foreign currency:
Wesel 1.262 - - 1.262 Bill
Jumlah 28.107.297 - - 28.107.297 Total
Cadangan kerugian penurunan nilai (253) - - (253) Allowance for impairment losses
Jumlah - bersih 28.107.044 - - 28.107.044 Total - Net
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Rupiah: Rupiah:
Surat Utang Negara 14.829.132 - - 14.829.132 Government bonds
Sekuritas Rupiah Bank Indonesia 5.654.823 - - 5.654.823 Rupiah securities of Bank Indonesia
Surat Berharga Syariah Negara 3.508.370 3.508.370 Government Sharia Securites
Obligasi 2.022.203 - - 2.022.203 Bonds
Sukuk Bank Indonesia 1.501.132 - - 1.501.132 Sukuk of Bank Indonesia
Sertifikat Investasi Interbank Mudharabah
Mudharabah Antarbank (SIMA) 950.000 - - 950.000 Investment Certificate (SIMA)
Sertifikat Pengelolaan Dana Berdasarkan Certificate of Fund Management
Prinsip Syariah Antarbank (SIPA) 645.000 645.000 Based on Interbank Sharia Principles
Sukuk Korporasi 203.429 - - 203.429 Sukuk of Corporation
Reksadana 190.000 - - 190.000 Mutual Fund
Surat kredit berdokumen
dalam negeri 12.999 - - 12.999 Domestic L/C
Jumlah 29.517.088 - - 29.517.088 Total
Cadangan kerugian penurunan nilai (3.052) - - (3.052) Allowance for impairment losses
Jumlah - bersih 29.514.036 - - 29.514.036 Total - Net
i. Cadangan kerugian penurunan nilai i. Allowance for impairment losses
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 3.052 - - 3.052 Balance at beginning of year
Pemulihan tahun berjalan (2.799) - - (2.799) Recovery during the year
Saldo akhir tahun 253 - - 253 Balance at end of year
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 511 - - 511 Balance at beginning of year
Dampak akuisisi 1.710 - - 1.710 Acquisition effect
Penyisihan tahun berjalan 831 - - 831 Provision during the year
Saldo akhir tahun 3.052 - - 3.052 Balance at end of year
68
Page 719
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
i. Cadangan kerugian penurunan nilai (lanjutan) i. Allowance for impairment losses
Jumlah minimum penyisihan kerugian penurunan nilai surat-surat Minimum allowance for impairment losses for marketable
berharga yang wajib dibentuk sesuai ketentuan Bank Indonesia securities required by Bank Indonesia as of December 31,
pada tanggal 31 Desember 2025 dan 2024 masing-masing adalah 2025 and 2024 amounted to Rp30,976 and Rp31,076,
sebesar Rp30.976 dan Rp31.076. respectively.
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk telah memadai untuk menutup is adequate to cover the possible losses of uncollectible
kemungkinan terjadinya kerugian atas tidak tertagihnya surat marketable securities.
berharga.
j. Informasi lain j. Other information
Pada tanggal 31 Desember 2025 dan 2024, surat berharga yang As of December 31, 2025 and 2024, marketable securities
dijadikan jaminan untuk surat berharga yang dijual dengan janji which is used as collateral for marketable securities sold with
dibeli kembali dengan nilai nominal masing-masing sebesar repurchase agreement with nominal value at Rp3,520,000 and
Rp3.520.000 dan Rp9.170.000. Nilai wajar pada tanggal 31 Rp9,170,000. Fair value as of December 31, 2025 and 2024,
Desember 2025 dan 2024 masing-masing sebesar Rp3.607.076 at Rp3,607,076 and Rp9,149,544 with repurchase price at
dan Rp9.149.544, dengan nilai beli kembali sebesar Rp3.520.929 Rp3,520,929 and Rp8,786,444, respectively (Note 22).
dan Rp8.786.444 (Catatan 22).
69
Page 720
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. TAGIHAN DARI SURAT BERHARGA YANG DIBELI DENGAN JANJI 9. RECEIVABLE FROM MARKETABLE SECURITIES PURCHASED
DIJUAL KEMBALI UNDER RESALE AGREEEMENT
a. Berdasarkan jenis a. By type
Tidak terdapat tagihan atas surat berharga yang dibeli dengan janji There were no receivable of marketable securities purchased
dijual kembali dengan pihak berelasi. under resale agreement with related parties.
2025
Pendapatan
bunga yang
Jenis Suku belum
sekuritas / bunga / Tanggal beli / Tanggal jual Nilai jual diamortisasi / Nilai tercatat /
Type of Interest Date of kembali / Date Nilai nominal / kembali / Unamortized Carrying
Pihak lawan / Counterpart securities Rate purchase of resale nominal value Resell value interest income value
PT Bank Rakyat Indonesia FR0103 4,80% 31 Des/ 7 Jan/ 1.005.938 1.006.743 805 1.005.938
(Persero) Tbk Dec 31 , 2025 Jan 7 , 2026
PT Bank Rakyat Indonesia FR0103 4,20% 31 Des/ 2 Jan/ 1.005.921 1.006.039 117 1.005.922
(Persero) Tbk Dec 31 , 2025 Jan 2 , 2026
PT Bank DBS Indonesia IDSR040526 4,80% 30 Des/ 6 Jan/ 590.104 590.497 393 590.104
367S Dec 30 , 2025 Jan 6 , 2026
PT Bank DBS Indonesia IDSR161026 4,23% 31 Des/ 2 Jan/ 578.345 578.413 68 578.345
364S Dec 31 , 2025 Jan 2 , 2026
PT Bank Nationalnobu Tbk FR0087 4,90% 30 Des/ 13 Jan/ 491.302 492.104 802 491.302
Dec 30 , 2025 Jan 13 , 2026
PT Allo Bank Indonesia Tbk FR0091 4,80% 30 Des/ 5 Jan/ 481.848 482.105 257 481.848
Dec 30 , 2025 Jan 5 , 2026
PT Bank Nationalnobu FR0100 4,82% 31 Des/ 8 Jan/ 468.555 468.994 439 468.555
Dec 31 , 2025 Jan 8 , 2026
PT Bank Maybank Indonesia FR0068 4,87% 31 Des/ 14 Jan/ 437.751 438.521 770 437.751
Tbk Dec 31 , 2025 Jan 14 , 2026
PT Bank DBS Indonesia IDSR190626 4,23% 31 Des/ 2 Jan/ 391.069 391.115 46 391.069
364S Dec 31 , 2025 Jan 2 , 2026
PT Bank Pembangunan FR0097 4,67% 30 Des/ 6 Jan/ 296.540 296.732 192 296.540
Daerah Kalimantan Timur dan Dec 30 , 2025 Jan 6 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0090 4,80% 23 Des/ 6 Jan/ 288.760 288.953 192 288.761
Daerah Sulawesi Tengah Dec 23 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0097 4,76% 23 Des/ 6 Jan/ 247.297 247.460 163 247.297
Daerah Kalimantan Timur dan Dec 23 , 2025 Jan 6 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0091 4,76% 23 Des/ 6 Jan/ 240.698 240.857 159 240.698
Daerah Kalimantan Timur dan Dec 23 , 2025 Jan 6 , 2026
Kalimantan Utara
PT Bank Capital Indonesia IDSR030726 5,35% 16 Okt/ 14 Jan/ 195.554 195.928 374 195.554
Tbk 364S Oct 16 , 2025 Jan 14 , 2026
PT Bank Capital Indonesia IDSR310726 5,20% 18 Nov/ 19 Jan/ 194.850 195.353 503 194.850
Tbk 364S Nov 18 , 2025 Jan 19 , 2026
PT Bank Capital Indonesia IDSR021026 5,30% 18 Nov/ 16 Feb/ 96.657 97.307 650 96.657
Tbk 364S Nov 18 , 2025 Feb 16 , 2026
PT Bank Capital Indonesia IDSR021026 5,35% 16 Okt/ 14 Jan/ 96.650 96.835 185 96.650
Tbk 364S Oct 16 , 2025 Jan 14 , 2026
Bank Indonesia VR0077 4,80% 26 Nov/ 25 Feb/ 96.127 96.829 702 96.127
Nov 26 , 2025 Feb 25 , 2026
Bank Negara Indonesia FR0071 4,78% 24 Des/ 2 Jan/ 53.495 54.010 7 54.003
Dec 24 , 2025 Jan 2 , 2026
Bank Negara Indonesia FR0071 4,78% 24 Des/ 2 Jan/ 53.495 54.010 7 54.003
Dec 24 , 2025 Jan 2 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 37.030 36.274 33 36.241
Dec 31 , 2025 Jan 7 , 2026
Dipindahkan/Brought forward 7.347.986 7.355.079 6.864 7.348.215
70
Page 721
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. TAGIHAN DARI SURAT BERHARGA YANG DIBELI DENGAN JANJI 9. RECEIVABLE FROM MARKETABLE SECURITIES PURCHASED
DIJUAL KEMBALI (lanjutan) UNDER RESALE AGREEEMENT (continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
2025
Pendapatan
bunga yang
Jenis Suku belum
sekuritas / bunga / Tanggal beli / Tanggal jual Nilai jual diamortisasi / Nilai tercatat /
Type of Interest Date of kembali / Date Nilai nominal / kembali / Unamortized Carrying
Pihak lawan / Counterpart securities Rate purchase of resale nominal value Resell value interest income value
Pindahan/Carried forward 7.347.986 7.355.079 6.864 7.348.215
PT Bank Nationalnobu Tbk IDSR310726 4,77% 24 Des/ 7 Jan/ 12.637 12.647 10 12.637
364S Dec 24 , 2025 Jan 7 , 2026
PT Bank CIMB Niaga Tbk FR0082 4,80% 29 Des/ 12 Jan/ 10.244 10.259 15 10.244
Dec 29 , 2025 Jan 12 , 2026
PT Bank Rakyat Indonesia FR0104 4,90% 23 Des/ 23 Jan/ 10.143 10.173 30 10.143
(Persero) Tbk Dec 23 , 2025 Jan 23 , 2026
PT Bank Mandiri (Persero) FR0107 4,80% 11 Des/ 8 Jan/ 10.107 10.117 9 10.108
Tbk Dec 11 , 2025 Jan 8 , 2026
PT Bank Rakyat Indonesia FR0103 4,90% 31 Des/ 30 Jan/ 10.059 10.099 40 10.059
(Persero) Tbk Dec 31 , 2025 Jan 30 , 2026
PT Bank Rakyat Indonesia FR0103 4,85% 29 Des/ 29 Jan/ 10.013 10.050 38 10.012
(Persero) Tbk Dec 29 , 2025 Jan 29 , 2026
PT Bank Rakyat Indonesia FR0103 4,88% 19 Des/ 19 Jan/ 10.006 10.031 24 10.007
(Persero) Tbk Dec 19 , 2025 Jan 19 , 2026
PT Bank Rakyat Indonesia FR0103 4,80% 17 Des/ 19 Jan/ 9.994 10.018 24 9.994
(Persero) Tbk Dec 17 , 2025 Jan 19 , 2026
PT Bank DBS Indonesia IDSR060326 4,80% 30 Des/ 13 Jan/ 9.915 9.931 16 9.915
364S Dec 30 , 2025 Jan 13 , 2026
PT Bank Pembangunan FR0087 4,75% 29 Des/ 12 Jan/ 9.825 9.839 14 9.825
Daerah Jawa Barat dan Dec 29 , 2025 Jan 12 , 2026
Banten Tbk
PT Bank DBS Indonesia IDSR161026 4,75% 23 Des/ 6 Jan/ 9.640 9.646 6 9.640
364S Dec 23 , 2025 Jan 6 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.423 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Dipindahkan/Brought forward 7.554.799 7.562.199 7.160 7.555.039
71
Page 722
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. TAGIHAN DARI SURAT BERHARGA YANG DIBELI DENGAN JANJI 9. RECEIVABLE FROM MARKETABLE SECURITIES PURCHASED
DIJUAL KEMBALI (lanjutan) UNDER RESALE AGREEEMENT (continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
2025
Pendapatan
bunga yang
Jenis Suku belum
sekuritas / bunga / Tanggal beli / Tanggal jual Nilai jual diamortisasi / Nilai tercatat /
Type of Interest Date of kembali / Date Nilai nominal / kembali / Unamortized Carrying
Pihak lawan / Counterpart securities Rate purchase of resale nominal value Resell value interest income value
Pindahan/Carried forward 7.554.799 7.562.199 7.160 7.555.039
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.628 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.628 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.628 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.628 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.628 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
Bank Indonesia VR0070 4,75% 31 Des/ 7 Jan/ 9.628 9.431 7 9.424
Dec 31 , 2025 Jan 7 , 2026
PT Bank Rakyat Indonesia FR0091 4,80% 22 Des/ 22 Jan/ 9.620 9.647 27 9.620
(Persero) Tbk Dec 22 , 2025 Jan 22 , 2026
PT Bank Rakyat Indonesia FR0091 4,80% 10 Des/ 12 Jan/ 9.615 9.629 14 9.615
(Persero) Tbk Dec 10 , 2025 Jan 12 , 2026
Jumlah / Total 7.631.802 7.638.061 7.243 7.630.818
2024
Pendapatan
bunga yang
Jenis Suku belum
sekuritas / bunga / Tanggal beli / Tanggal jual Nilai jual diamortisasi / Nilai tercatat /
Type of Interest Date of kembali / Date Nilai nominal / kembali / Unamortized Carrying
Pihak lawan / Counterpart securities Rate purchase of resale nominal value Resell value interest income value
PT Bank Capital Indonesia FR0087 7,00% 23 Sep/ 6 Jan/ 250.000 239.764 228 239.536
Tbk Sep 23 , 2024 Jan 6 , 2025
PT Bank Capital Indonesia FR0059 6,85% 8 Okt/ 13 Jan/ 200.000 202.342 454 201.888
Tbk Oct 8 , 2024 Jan 13 , 2025
PT Bank Capital Indonesia FR0086 7,00% 23 Sep/ 6 Jan/ 150.000 147.265 140 147.125
Tbk Sep 23 , 2024 Jan 6 , 2025
PT Bank KB Bukopin Tbk FR0073 6,45% 19 Des/ 2 Jan/ 10.000 10.238 2 10.236
Dec 19 , 2024 Jan 2 , 2025
PT Bank Pembangunan FR0075 6,45% 23 Des/ 6 Jan/ 10.000 9.655 9 9.646
Daerah Kalimantan Tengah Dec 23 , 2024 Jan 6 , 2025
PT Bank Pan Indonesia Tbk IDSR311025 6,45% 18 Des/ 2 Jan/ 10.000 9.430 1 9.429
364S Dec 18 , 2024 Jan 2 , 2025
Jumlah / Total 630.000 618.694 834 617.860
Pada tanggal 31 Desember 2025 dan 2024, tagihan atas surat As of December 31, 2025 and 2024, receivable of marketable
berharga yang dibeli dengan janji dijual kembali tidak mengalami securities purchased under resale agreement are not
kerugian penurunan nilai. Manajemen berkeyakinan bahwa tidak ada impaired. Management believes that there was no allowance
penyisihan kerugian penurunan nilai yang perlu diakui. for impairment losses to be recognised.
72
Page 723
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN LAINNYA 10. OTHER RECEIVABLES
2025 2024
Tagihan transfer, deposit dan ATM 160.834 178.972 Transfer receivables, deposit and ATM
Tagihan subsidi bunga kredit KUR 101.217 31.244 KUR loan interest subsidy bill
Bank garansi dalam penyelesaian 64.198 67.198 Bank guarantees in progress
Tagihan asuransi 50.476 49.122 Insurance receivable
Lainnya 56.405 6.803 Others
Jumlah 433.130 333.339 Total
Penyisihan penurunan nilai realisasi bersih (93.663) (79.003) Allowance for decline in net realizable value
Jumlah - net 339.467 254.336 Total - net
Pada tanggal 31 Desember 2025 dan 2024 tidak terdapat tagihan As of December 31, 2025 and 2024 there were no other
pada pihak berelasi. receivables from related parties.
Kolektibilitas tagihan lainnya pada tanggal 31 Desember 2025 dan The collectibility of all other receivables as of December 31,
2024 adalah lancar (Catatan 65f). 2025 and 2024 was classified as current (Note 65f).
Perubahan penyisihan penurunan nilai realisasi bersih adalah The movements in the allowance for decline in net realizable
sebagai berikut: value are as follows:
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 79.003 - - 79.003 Balance at beginning of year
Dampak akuisisi 14.725 - - 14.725 Acquisition impact
Pemulihan tahun berjalan (65) - - (65) Recovery during the year
Saldo akhir tahun 93.663 - - 93.663 Balance at end of year
-
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun - - 58.656 58.656 Balance at beginning of year
Penyisihan tahun berjalan - - 20.347 20.347 Allowance during the year
Saldo akhir tahun - - 79.003 79.003 Balance at end of year
-
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai untuk menutupi kemungkinan kerugian yang timbul on uncollectible other receivables is adequate.
akibat tagihan lainnya tidak tertagih adalah memadai.
73
Page 724
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN SYARIAH 11. LOANS AND SHARIA RECEIVABLES/FINANCING
a. Berdasarkan jenis dan mata uang a. By type and currency
2025 2024
Rupiah Rupiah
Pihak berelasi Related parties
Investasi 462.865 - Invesment
Karyawan 133.507 98.625 Employee
Modal kerja 59.106 7.820 Working capital
Konsumsi 48.275 5.999 Consumer
703.753 112.444
Pihak ketiga Third parties
Konsumsi 71.264.215 42.421.659 Consumer
Modal kerja 24.372.156 15.719.225 Working capital
Investasi 8.110.812 410.798 Investment
Sindikasi 3.235.969 4.378.222 Syndicated
Karyawan 2.721.597 1.994.003 Employee
109.704.749 64.923.907
Jumlah Rupiah 110.408.502 65.036.351 Total Rupiah
Valuta asing Foreign currencies
Pihak ketiga Third parties:
Modal kerja 94.118 10.316.389 Working capital
Jumlah valuta asing 94.118 10.316.389 Total foreign currencies
Jumlah 110.502.620 75.352.740
Cadangan kerugian penurunan nilai (3.713.637) (2.113.224) Allowance for impairment losses
Jumlah - bersih 106.788.983 73.239.516 Total - net
b. Berdasarkan sektor ekonomi b. By economic sectors
2025 2024
Rumah tangga 74.167.817 44.528.059 Household
Perdagangan besar dan eceran 13.846.275 12.353.855 Wholesale and retail trade
Pertanian perburuan dan kehutanan 5.999.478 4.425.996 Agriculture, hunting and forestry
Konstruksi 4.371.073 4.433.424 Construction
Industri pengolahan 4.775.911 3.932.811 Processing industry
Jasa kemasyarakatan dan sosial budaya 2.396.069 2.109.570 Public and social culture services
Perantara keuangan 1.181.848 1.161.377 Financial intermediaries
Akomodasi makanan dan minuman 944.962 575.442 Accomodation, food and beverage
Jasa pendidikan 479.241 576.377 Education services
Jasa kesehatan dan kegiatan sosial 507.012 381.942 Health services and social activities
Transportasi, pergudangan dan komunikasi 399.229 292.504 Transportation, warehousing and communications
Real estate, usaha persewaan dan jasa perusahaan 392.285 237.488 Real estate, business services and business ownership
Perikanan 262.907 178.799 Fishery
Administrasi pemerintahan, pertahanan dan Government administration, defense and
jaminan sosial wajib 538.364 1.279 mandatory sosial security
Pertambangan dan penggalian 128.347 57.667 Mining and quarrying
Listrik gas dan air 53.160 72.624 Electricity, gas and water
Jasa perorangan yang melayani rumah tangga 27.090 18.046 Individual services which serve households
Kegiatan yang belum jelas batasannya 26.292 15.480 Activity is still undefined
Badan internasional dan badan ekstra International bodies and other
internasional lainnya 5.260 - extra-international bodies
Jumlah 110.502.620 75.352.740 Total
Dikurangi: Less:
Penyisihan kerugian penurunan nilai (3.713.637) (2.113.224) Allowance for impairment losses
Jumlah - bersih 106.788.983 73.239.516 Total - net
c. Kolektabilitas c. Collectibility
Kolektibilitas kredit yang diberikan dan piutang/pembiayaan syariah Collectibility loans sharia receivables/financing in accordance
sesuai Peraturan OJK diungkapkan pada Catatan 65g. with Financial Service Authority Rule are disclosed in Note
65g.
74
Page 725
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN SYARIAH 11. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
(lanjutan)
d. Berdasarkan sisa umur kredit d. Maturity of loans
2025 2024
Kurang dari 1 bulan 12.820.000 9.747.031 Less than 1 year
1 - 2 tahun 6.689.479 4.741.106 1 - 2 years
Lebih dari 2 - 5 tahun 35.827.876 25.510.592 More than 2 - 5 years
Lebih dari 5 tahun 55.165.265 35.354.011 Over 5 years
Jumlah 110.502.620 75.352.740 Total
Dikurangi: Less:
Penyisihan kerugian penurunan nilai (3.713.637) (2.113.224) Allowance for impairment losses
Jumlah kredit yang diberikan - bersih 106.788.983 73.239.516 Total loans - net
e. Berdasarkan hubungan e. By relationship
Kredit yang diberikan kepada pihak berelasi, termasuk pinjaman Loans to related parties include loans to key management.
kepada manajemen kunci. Pinjaman kepada manajemen kunci Loans to key management as of December 31, 2025 and 2024
pada tanggal 31 Desember 2025 dan 2024, masing-masing amounted to Rp100,973 and Rp102,306, respectively (Note
sebesar Rp100.973 dan Rp102.306 (Catatan 45), merupakan kredit 45), which involved automobiles, housing and other loans, with
untuk pembelian kendaraan, rumah dan keperluan lainnya dengan terms of between 1 - 20 years and interest at rates of between
jangka waktu antara 1 - 20 tahun dan dikenakan bunga sebesar 4,00%-6,50% per annum.
4,00% - 6,50% per tahun.
f. Tingkat bunga tahunan f. Annual interest rates
Tingkat bunga kredit yang diberikan dalam Rupiah pada tanggal 31 The annual interest rates of loans in Rupiah as of December
Desember 2025 dan 2024, masing-masing sebesar 3,00% - 31, 2025 and 2024 are 3.00% - 23.00% respectively.
23,00%.
g. Kredit sindikasi g. Syndicated loans
Keikutsertaan Grup sebagai anggota sindikasi dengan persentase The share of the Group in syndicated loans as of December
penyertaan pada tanggal 31 Desember 2025 dan 2024 berkisar 31, 2025 and 2024 ranged from 0.42% - 66.43% from total of
antara 0,42% - 66,43% dari total pinjaman sindikasi. syndication loan.
h. Piutang / pembiayaan syariah h. Receivables / financing
Dalam pinjaman termasuk saldo pembiayaan yang diberikan The amounts of loans including financing provided based on
berdasarkan prinsip syariah pada tanggal 31 Desember 2025 dan sharia principles as of December 31, 2025 and 2024 are as
2024, adalah sebagai berikut: follows:
2025 2024
Musyarakah 11.730.752 10.901.768 Musyarakah
Murabahah 3.084.660 2.941.516 Murabahah
Qardh 86.121 56.456 Qardh
Mudharabah 37.811 61.292 Mudharabah
Ijarah 1.201 900 Ijarah
Jumlah 14.940.545 13.961.932 Jumlah
Dikurangi: Less:
Penyisihan kerugian penurunan nilai (397.054) (208.544) Allowance for impairment losses
Jumlah kredit yang diberikan - bersih 14.543.491 13.753.388 Total loans - net
75
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN SYARIAH 11. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
(lanjutan)
i. Kredit yang direstrukturisasi i. Restructured loans
Restrukturisasi kredit pada tanggal 31 Desember 2025 dan 2024, The restructured loans as of December 31, 2025 and 2024
adalah masing-masing sebesar Rp5.390.045 dan Rp3.896.345. amounted to Rp5,390,045 and Rp3,896,345, respectively.
2025 2024
Perpanjangan waktu kredit 2.822.238 1.241.312 Exsistension of loan period
Perpanjangan waktu kredit dan Exsistension of loan period and interest
penyesuaian suku bunga 89.980 4.472 rate adjustment
Penyesuaian waktu kredit dan skema lain 2.477.827 2.650.561 Exsistension of loan period and other schemes
Jumlah 5.390.045 3.896.345 Total
Sehubungan dengan restrukturisasi dan relaksasi kredit sebagai In relation to credit restructuring and relaxation as a result of
dampak dari COVID-19, regulator mengeluarkan POJK COVID-19, the regulator issued POJK No.11/POJK.03/2020
No.11/POJK.03/2020 tanggal 16 Maret 2020 tentang Stimulus dated March 16, 2020 concerning National Economic Stimulus
Perekonomian Nasional sebagai Kebijakan Countercyclical as a Countercyclical Policy for the Impact of the Spread of
Dampak Penyebaran COVID-19 sebagaimana diubah terakhir COVID-19, which have been amended with POJK No.17/
dengan POJK No.17/POJK.03/2021 tanggal 10 September 2021, POJK.03/2021 dated September 10, 2021, and IAI press
dan siaran pers IAI atas dampak pandemi COVID-19, Grup telah release on the impact of the COVID-19 pandemic, The Group
melakukan restrukturisasi kredit terhadap debitur yang terkena has restructured credit for debtors affected by COVID-19, and
dampak COVID-19, dan melaporkan saldo restrukturisasi kredit reported the balance of the restructuring of the credit to the
tersebut pada kolektibilitas lancar pada tanggal 31 Desember 2023. current collectability as of December 31, 2023. Based on the
Berdasarkan Siaran Pers Otoritas Jasa Keuangan No.SP- Financial Services Authority Press Release No.SP-
41/OJK/GKPB/III/2024 tanggal 31 Maret 2024, stimulus relaksasi 41/OJK/GKPB/III/2024 dated March 31, 2024, the bank credit
kredit perbankan dalam rangka penanganan pandemi Covid-19 relaxation stimulus in the context of handling the Covid-19
dinyatakan berakhir. pandemic was declared over.
j. Jumlah kredit yang diberikan dan piutang/pembiayaan syariah yang j. The amount of credit granted and sharia receivables/financing
djamin dengan simpanan pada tanggal 31 Desember 2025 dan secured by deposits as of December 31, 2025 and 2024, were
2024, masing-masing sebesar Rp1.017.324 dan Rp409.740 Rp1.017.324 and Rp409,740, respectively, with collateral in
dengan jaminan berupa simpanan yang diblokir masing-masing the form of blocked deposits amounting to Rp254,456 and
sebesar Rp254.456 dan Rp409.512 (Catatan 20e). Rp409,512 (Note 20e).
k. Kredit yang diberikan dan piutang/pembiayaan syariah yang k. Loans and sharia receivables/financing written-off for the year
dihapusbukukan untuk tahun yang berakhir pada tanggal 31 ended December 31,2025 and 2024 amounted to Rp1,061,984
Desember 2025 dan 2024, masing-masing adalah sebesar and Rp634,768 respectively.
Rp1.061.984 dan Rp634.768.
76
Page 727
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN SYARIAH 11. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
(lanjutan)
l. Berdasarkan stage l. By stage
Berikut adalah perubahan jumlah pinjaman yang diberikan Below is movement of loans based on stages as of December
berdasarkan stage pada tanggal 31 Desember 2025 dan 2024: 31, 2025 and 2024:
2025
Piutang /
pembiayaan
syariah /
Sharia
Tahap 1/ Tahap 2/ Tahap 3/ receivables / Jumlah /
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 56.329.729 970.846 4.090.233 13.961.932 75.352.740 Beginning balance
Dampak akuisisi 30.068.388 275.199 779.378 - 31.122.965 Acquisition impact
Transfer ke kerugian Transfer to
kredit ekspektasian 12 month expected
12 bulan (Stage 1) 173.255 (153.990) (19.265) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (981.318) 1.006.524 (25.206) - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) (1.251.622) (283.044) 1.534.666 - - (Stage 3)
Aset keuangan yang baru New financial assets
atau dibeli 24.979.275 324.132 915.120 1.038.664 27.257.191 originated or purchased
Pengukuran kembali Remeasurement of net
nilai tercatat bersih (21.376.252) (711.763) (80.277) - (22.168.292) carrying amount
Penghapusbukuan selama Write off
tahun berjalan (1.001.933) (60.051) (1.061.984) during the year
Saldo akhir 87.941.455 1.427.904 6.192.716 14.940.545 110.502.620 Ending balance
2024
Piutang /
pembiayaan
syariah /
Sharia
Tahap 1/ Tahap 2/ Tahap 3/ receivables / Jumlah /
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 48.388.793 669.959 3.514.292 2.187.859 54.760.903 Beginning balance
Dampak akuisisi - - - 11.147.478 11.147.478 Acquisition impact
Transfer ke kerugian Transfer to
kredit ekspektasian 12 month expected
12 bulan (Stage 1) 339.074 (232.734) (106.340) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (636.085) 647.977 (11.892) - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) (1.395.899) (281.977) 1.677.876 - - (Stage 3)
Aset keuangan yang baru New financial assets
atas dibeli 28.263.724 385.714 482.255 648.583 29.780.276 originated or purchased
Pengukuran kembali Remeasurement of net
nilai tercatat bersih (18.629.878) (218.093) (853.178) - (19.701.149) carrying amount
Penghapusbukuan selama Write off
tahun berjalan - - (612.780) (21.988) (634.768) during the year
Saldo akhir 56.329.729 970.846 4.090.233 13.961.932 75.352.740 Ending balance
77
Page 728
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN SYARIAH 11. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
(lanjutan)
l. Berdasarkan stage (lanjutan) l. By stage (continued)
Berikut adalah perubahan jumlah cadangan kerugian penurunan Below is movement of allowance for impairment losses based
nilai berdasarkan stage pada tanggal 31 Desember 2025 dan on stages as of December 31,2025 and 2024:
2024:
2025
Piutang /
pembiayaan
syariah /
Sharia
Tahap 1/ Tahap 2/ Tahap 3/ receivables / Jumlah /
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 286.519 95.332 1.522.829 208.544 2.113.224 Beginning balance
Dampak akuisisi 124.816 64.524 523.835 - 713.175 Acquisition impact
Transfer ke kerugian Transfer to
kredit ekspektasian 12 month expected
12 bulan (Stage 1) 21.595 (14.203) (7.392) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (12.233) 22.268 (10.035) - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) (47.468) (28.825) 76.293 - - (Stage 3)
Penghapusbukuan selama Write off
tahun berjalan - - (1.001.933) (60.051) (1.061.984) during the year
Perubahan bersih Net charge
pada eksposur dan in exposure
pengukuran kembali 75.186 9.223 1.616.252 248.561 1.949.222 and remeasurement
Saldo akhir 448.415 148.319 2.719.849 397.054 3.713.637 Ending balance
2024
Piutang /
pembiayaan
syariah /
Sharia
Tahap 1/ Tahap 2/ Tahap 3/ receivables / Jumlah /
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 239.566 74.071 997.876 53.392 1.364.905 Beginning balance
Dampak akuisisi - - - 109.893 109.893 Acquisition impact
Transfer ke kerugian Transfer to
kredit ekspektasian 12 month expected
12 bulan (Stage 1) 149.798 (28.652) (121.146) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (7.749) 186.875 (179.126) - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) (17.317) (29.967) 47.284 - - (Stage 3)
Penghapusbukuan selama Write off
tahun berjalan - - (612.780) (21.988) (634.768) during the year
Perubahan bersih Net charge
pada eksposur dan in exposure
pengukuran kembali (77.779) (106.995) 1.390.721 67.247 1.273.194 and remeasurement
Saldo akhir 286.519 95.332 1.522.829 208.544 2.113.224 Ending balance
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai untuk menutup kemungkinan kerugian yang timbul on uncollectible loans and sharia receivables/financing is
akibat kredit yang diberikan dan piutang/pembiayaan syariah tidak adequate.
tertagih adalah memadai.
Saldo cadangan kerugian penurunan nilai adalah sebesar The balance of allowance for impairment losses amounted to
Rp2.198.523 (individual) dan Rp1.515.114 (kolektif) pada tanggal Rp2,198,523 (individual) and Rp1,515,114 (collective) as of
31 Desember 2025, sebesar Rp1.078.684 (individual) dan December 31, 2025, and amounted to Rp1,078,684
Rp1.034.540 (kolektif) pada tanggal 31 Desember 2024. (individual) and Rp1,034,540 (collective) as of December 31,
2024.
78
Page 729
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN SYARIAH 11. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
(lanjutan)
m. Dalam rangka percepatan Pemulihan Ekonomi Nasional (PEN) m. In order to accelerate National Economic Recovery Program
sesuai Peraturan Menteri Keuangan No.70/PMK.05/2020, (PEN) based on PMK No.70/PMK.05/2020, Government place
Pemerintah melakukan Penempatan Uang Negara kepada their funds in banks, which Bank is one of them, in time deposit
perbankan salah satunya Bank, dalam bentuk deposito dengan with 6 (six) months tenor contract amounted to Rp2,000,000
tenor 6 (enam) bulan sebesar Rp2.000.000 pada tanggal 14 on August 14, 2020 until February 10, 2021. The Government
Agustus 2020 sampai 10 Februari 2021. Dana pemerintah tersebut fund has been distributed in form of loan amounted to
telah disalurkan dalam bentuk kredit sebesar Rp8.092.192 sampai Rp8,092,192 until February 10, 2021 and the fund will be
dengan tanggal 10 Februari 2021, dan selanjutnya dana akan returned to Government.
dikembalikan kepada Pemerintah.
Bank juga berpartisipasi dalam penyaluran subsidi bunga dari Bank also participate in channeling interest subsidy from
Pemerintah bagi debitur UMKM dan subsidi bunga tambahan untuk Government for Small Medium Enterprise (SME) debtors and
Kredit Usaha Rakyat (KUR) sesuai dengan PMK additional interest subsidy for Kredit Usaha Rakyat (KUR)
No.85/PMK.05/2020 untuk periode Mei 2020. program based on PMK No.85/PMK.05/2020 for period May,
2020.
Besaran subsidi bunga tersebut adalah sebagai berikut: The interest subsidies will cover loan interest are as follows:
- Plafon kredit kurang dari atau sama dengan Rp500, subsidi - The credit limit is less than or equal to Rp500, the
bunga yang diberikan sebesar 6% selama 3 (tiga) bulan interest subsidy is 6% for the first 3 ((three) months and
pertama dan 3% selama tiga bulan berikutnya. 3% for the following three months.
- Plafon kredit lebih dari Rp500 sampai dengan Rp10.000, - The credit limit is more than Rp500 to Rp10,000, the
subsidi bunga yang diberikan sebesar 3% selama 3 (tiga) interest subsidy is 3% for the first (three) months and
bulan pertama dan 2% selama tiga bulan berikutnya. 2% for the following three months.
Sampai dengan tanggal 31 Desember 2025, Bank telah menerima Until December 31, 2025, the Bank has distributed interest
subsidi bunga dari Pemerintah untuk disalurkan kepada debitur subsidies for SME debtors amounted to Rp24,599,643.
UMKM sebesar Rp24.599.643.
12. PENDAPATAN BUNGA YANG MASIH AKAN DITERIMA 12. ACCRUED INTEREST INCOME
2025 2024
Rupiah: Rupiah:
Kredit yang diberikan 776.497 472.676 Loans
Surat berharga 339.179 314.919 Markateble securities
Lain-lain 2.944 2.130 Others
Mata uang asing: Foreign currencies:
Kredit yang diberikan 131 177 Loans
Lain-lain 851 618 Others
Jumlah 1.119.602 790.520 Total
Pendapatan bunga yang masih akan diterima – Rupiah dan mata Accrued interest income – Rupiah and other foreign currencies
uang asing lain-lain merupakan pendapatan bunga yang masih represents accrued interest income on interbank call money
akan diterima atas transaksi interbank call money dan penempatan transactions and other interbank placements.
antar bank lainnya.
13. BIAYA DIBAYAR DIMUKA 13. PREPAID EXPENSES
2025 2024
Asuransi lainnya 66.459 55.345 Other insurance
Asuransi tunjangan hari tua 55.304 86.682 Mutual aid pension insurance
Pemeliharaan aset 21.540 15.735 Assets maintenance
Termin pemeliharaan dalam penyelesaian 13.216 5.254 Maintenance term in progress
Sewa dibayar dimuka 11.848 11.931 Prepaid rent
Lainnya 28.125 31.625 Others
Jumlah 196.492 206.572 Total
Sewa dibayar dimuka merupakan sewa atas gedung kantor cabang Prepaid rent represents rent of the branch office buildings and
dan rumah dinas. official house.
79
Page 730
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. INVESTASI PADA ENTITAS ASOSIASI 14. INVESTMENTS IN ASSOCIATES
Pada tanggal 31 Desember 2025, entitas asosiasi yang dimiliki oleh As of December 31, 2025, the associate is of the Group were as
Grup sebagai berikut: follow:
Persentase kepemilikan / Percentage of Ownership
Kegiatan usaha/ 31 Desember/ Nilai tercatat/
Business Activity December, 31 2025 Carrying value
Nama Perusahaan Company name
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Banten (Perseroda) Tbk Perbankan/Banking 0,05% 745 Banten (Perseroda) Tbk
Jumlah Total
Sebagaimana diungkapkan pada Catatan 1d tentang entitas asosiasi, As disclosed in Note 1d regarding associates, in November 2025,
pada bulan November 2025, Bank telah melakukan efektif penyertaan the Bank made an effective capital contribution to BEKS 27,511,900
modal kepada BEKS sejumlah 27.511.900 lembar saham yang dicatat shares recorded in BEKS at par value in share capital, equivalent to
pada BEKS sebesar nilai nominal pada modal saham atau setara 0.05% of BEKS’ paid-in capital.
0,05% dari jumlah modal disetor BEKS.
Berikut ini adalah ringkasan informasi keuangan BEKS pada tanggal The following table is the summarised finansial information for BEKS
31 Desember 2025 dan untuk tahun yang berakhir pada tanggal as of 31 Desember 2025 and for the year then ended, which are
tersebut, yang dicatat dengan menggunakan metode ekuitas. accounted for using the equity method.
2025
Total aset 10.001.445 Total assets
Total liabilitas 8.101.289 Total liabilities
Aset bersih 1.900.156 Net assets
-
Pendapatan 719.768 Revenue
Laba bersih tahun berjalan 52.522 Net income for the year
Penghasilan komprehensif lain setelah pajak (876) Other comprehensive income after tax
Jumlah penghasilan komprehensif Total comprehensive income
51.646
tahun berjalan for the year
Jumlah bagian Grup atas penghasilan komprehensif dan jumlah tercatat Total Group’s share of comprehensive income and carrying value of
pada entitas asosiasi adalah sebagai berikut: associates are as follows:
2025
Bagian atas laba bersih - Share of net income
Bagian atas laba komprehensif lain - Share of other comprehensif gain
Jumlah bagian atas penghasilan komprehensif - Total share of comprehensive income
Nilai perolehan 745 Acquisition value
Jumlah tercatat 745 Carrying value
Rekonsiliasi atas ringkasan informasi keuangan yang disajikan terhadap Reconciliation of the summarised financial information presented to
nilai buku dari kepentingan entitas asosiasi adalah sebagai berikut: the carrying amount of its interest in associateis as follows:
2025
Pengakuan awal aset bersih 1.761.649 Net asset initial recognition
Laba bersih tahun berjalan - Net income for the year
Penghasilan komprehensif lain setelah pajak - Other comprehensive income after tax
1.761.649
Persentase kepemilikan efektif 0,05% Percentage of effective ownership
934
Goodwill (189) Goodwill
Nilai tercatat 745 Carrying value
80
Page 731
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PENYERTAAN SAHAM 15. INVESTMENT IN SHARES
Seluruh penyertaan saham dalam mata uang Rupiah All investment in shares are stated in Rupiah.
2025 2024
Persentase Persentase
kepemilikan / kepemilikan /
Ownership Nilai tercatat / Ownership Nilai tercatat /
percentage Carrying amount percentage Carrying amount
Metode nilai wajar / biaya Fair value/cost method
PT Sarana NTB Ventura - - 5,84% 2.568 PT Sarana NTB Ventura
Jumlah - 2.568 Total
Manajemen berkeyakinan tidak terdapat indikasi penurunan nilai Management believes that there is no indication of impairment in the
terhadap penyertaan saham tersebut dan karenanya manajemen value of these investment in shares and accordingly the
berpendapat tidak perlu dibentuk penyisihan. management believes that no provision for possible losses is
required.
Berdasarkan salinan Akta Jual Beli Saham No.10 tanggal 7 Maret Based on the copy of Deed of Sale and Purchase of Shares No.10
2025, bahwa Entitas Anak telah menjual seluruh penyertaan saham dated March 7, 2025, the Subsidiary has sold all of its shares to
kepada pihak perorangan dengan penjelasan sebagai berikut: individual parties with the following explanation:
Nominal/Amount
Nilai penyertaan saham 2.568 Value of investment in shares
Potongan penjualan penyertaan saham (899) Discount on sale of investment in shares
Nilai penyertaan saham yang dijual (bruto) 1.669 Value of equity investments sold (gross)
Dikurangi porsi titipan dana kebajikan (458) Less portion of benevolent trust fund
Nilai penyertaan saham yang dijual (bersih) 1.211 Value of equity investments sold (net)
Kerugian penjualan penyertaan Loss on sale of investments shares
saham setelah ditambah pajak final 1.359 after adding final tax
Kolektibilitas penyertaan saham sesuai Peraturan OJK Collectibility investment in shares accordance with Financial Service
diungkapkan pada Catatan 65e. Authority Rule are disclosed in Note 65e.
16. ASET TETAP DAN ASET HAK GUNA 16. FIXED ASSETS AND RIGHT-OF-USE ASSETS
2025
Penyesuaian
saldo awal / Dampak
Saldo awal / Adjusted akuisisi / Saldo akhir /
Beginning beginning Penambahan / Pengurangan Reklasifikasi / Revaluasi / Acquisition Ending
balance balance Additions / Deduction Reclassification Revaluation impact balance
Biaya perolehan /
Tanah / Land 1.240.664 - - 14 6.934 47.720 416.458 1.711.762
Bangunan / Buildings 533.617 - 8.102 778 23.458 - 528.214 1.092.613
Peralatan kantor /
Office equipment 759.703 32.274 43.483 7.987 360 - 487.970 1.315.803
Kendaraan bermotor /
Motor vehicles 72.498 - 1.796 5.496 - - 31.920 100.718
2.606.482 32.274 53.381 14.275 30.752 47.720 1.464.562 4.220.896
Aset dalam penyelesaian /
Construction in
progres 23.624 - 50.782 - (30.752) - 34.866 78.520
Aset hak guna /
Right of use assets 350.070 15.774 105.818 135.516 - - 147.939 484.085
2.980.176 48.048 209.981 149.791 - - 1.647.367 4.783.501
Akumulasi penyusutan/
Accumulated depreciation
Bangunan / Buildings 185.476 (4) 28.301 778 - - 150.799 363.794
Peralatan kantor /
Office equipment 634.905 18.492 60.340 7.987 - - 381.328 1.087.078
Kendaraan bermotor /
Motor vehicles 33.213 - 10.035 5.496 - - 28.609 66.361
853.594 18.488 98.676 14.261 - - 560.736 1.517.233
Aset hak guna /
Right of use assets 200.861 6.939 84.805 135.516 - - 95.174 252.263
1.054.455 25.427 183.481 149.777 - - 655.910 1.769.496
Nilai buku bersih /
Net book value 1.925.721 3.014.005
81
Page 732
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF-USE ASSETS (continued)
2024
Penyesuaian
saldo awal / Dampak
Saldo awal / Adjusted akuisisi / Saldo akhir /
Beginning beginning Penambahan / Pengurangan Reklasifikasi / Revaluasi / Acquisition Ending
balance balance Additions / Deduction Reclassification Revaluation impact balance
Biaya perolehan /
Tanah / Land 943.060 - 1.381 - - (16.190) 312.413 1.240.664
Bangunan / Buildings 203.722 - 3.398 2.030 (2.262) - 330.789 533.617
Peralatan kantor /
Office equipment 616.366 - 44.843 2.585 - - 101.079 759.703
Kendaraan bermotor /
Motor vehicles 51.710 - 15.739 2.962 - - 8.011 72.498
1.814.858 - 65.361 7.577 (2.262) (16.190) 752.292 2.606.482
Aset dalam penyelesaian
Construction in
progres 796 - 2.631 - - 20.197 23.624
Aset hak guna /
Right of use assets 294.833 - 60.859 48.731 - - 43.109 350.070
2.110.487 - 128.851 56.308 (2.262) (16.190) 815.598 2.980.176
Akumulasi penyusutan/
Accumulated depreciation
Bangunan / Buildings 125.475 - 13.230 1.960 (66) - 48.796 185.476
Peralatan kantor /
Office equipment 545.619 - 47.041 2.585 - - 44.830 634.905
Kendaraan bermotor /
Motor vehicles 19.490 - 11.413 2.962 - - 5.272 33.213
690.584 - 71.684 7.507 (66) - 98.898 853.594
Aset hak guna /
Right of use assets 165.634 - 67.594 48.731 - - 16.364 200.861
856.218 - 139.278 56.238 (66) - 115.262 1.054.455
Nilai buku bersih /
Net book value 1.254.269 1.925.721
Aset hak guna Right of use assets
2025
Penyesuaian
Dampak
Saldo awal / saldo awal / Saldo akhir /
Penambahan / Pengurangan akuisisi /
Beginning Adjusted Ending
Additions / Deduction Acquisition
balance beginning balance
impact
balance
Biaya perolehan Cost
Aset hak guna Right of use assets
Bangunan 264.977 737 72.381 89.361 53.544 302.278 Buildings
Peralatan kantor 34.404 14.966 1.145 9.390 32.911 74.036 Office equipment
Kendaraan 50.689 71 16.645 36.765 52.326 82.966 Motor vehicles
Perangkat lunak - - 15.647 - 9.158 24.805 Software
350.070 15.774 105.818 135.516 147.939 484.085
-
Akumulasi penyusutan Accumulated depreciation
Aset hak guna Right of use assets
Bangunan 144.097 1.683 50.565 89.361 27.600 134.584 Buildings
Peralatan kantor 20.796 5.238 11.290 9.390 21.720 49.654 Office equipment
Kendaraan 35.968 18 18.118 36.765 36.980 54.319 Motor vehicles
Perangkat lunak - - 4.832 - 8.874 13.706 Software
200.861 6.939 84.805 135.516 95.174 252.263
Nilai buku 149.209 231.822 Net book value
-
82
Page 733
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF-USE ASSETS (continued)
Aset hak guna (lanjutan) Right of use assets (continued)
2024
Penyesuaian
Dampak
Saldo awal / Saldo Awal / Saldo akhir /
Penambahan / Pengurangan akuisisi /
Beginning Adjusted Ending
Additions / Deduction Acquisition
balance beginning balance
impact
balance
Biaya perolehan Cost
Aset hak guna Right of use assets
Bangunan 225.804 - 60.859 32.047 10.361 264.977 Buildings
Peralatan kantor 37.471 - - 3.067 - 34.404 Office equipment
Kendaraan 31.558 - - 13.617 32.748 50.689 Motor vehicles
294.833 - 60.859 48.731 43.109 350.070
-
Akumulasi penyusutan Accumulated depreciation
Aset hak guna Right of use assets
Bangunan 123.454 - 48.248 32.047 4.442 144.097 Buildings
Peralatan kantor 13.363 - 10.500 3.067 - 20.796 Office equipment
Kendaraan 28.817 - 8.846 13.617 11.922 35.968 Motor vehicles
165.634 - 67.594 48.731 16.364 200.861
Nilai buku 129.199 149.209 Net book value
-
Pada tahun 2025, Grup telah mengakuisisi PT Bank Pembangunan In 2025, the Group acquired PT Bank Pembangunan Daerah Nusa
Daerah Nusa Tenggara Timur, PT Bank Pembangunan Daerah Tenggara Timur, PT Bank Pembangunan Daerah Sulawesi
Sulawesi Tenggara dan PT Bank Pembangunan Daerah Lampung. Tenggara, and PT Bank Pembangunan Daerah Lampung. In 2024,
Pada tahun 2024, Bank telah mengakuisisi PT Bank Pembangunan the Bank acquired PT Bank Pembangunan Daerah Nusa Tenggara
Daerah Nusa Tenggara Barat Syariah (Catatan 42 - Kombinasi Barat Syariah (Note 42 - Business Combinations).
Bisnis).
Tanah merupakan Sertifikat Hak Guna Bangunan (SHGB), Sertifikat Land represents Building Rights Title (SHGB), Strata Title
Hak Milik atas Satuan Rumah Susun (SHMASRS) dan Sertifikat Hak (SHMASRS) and Freehold Title (SHM) of 353.687 m2. SHGB and
Milik (SHM) seluas 353.687 m2. SHGB dan SHMASRS diberikan SHMASRS were obtained for a maximum period of 30 years and
untuk periode maksimum 30 tahun dan dapat diperbarui. may be extended.
Terdapat tanah yang belum atas nama Perseroan dan masih dalam There is land that has not yet been registered in the Company's
proses balik nama seluas 163 m2. name and is still in the process of being transferred, covering an
area of 163 m2.
Beban penyusutan tahun yang berakhir pada tanggal 31 Desember Depreciation expense for the year ended December 31, 2025 and
2025 dan 2024, masing-masing sebesar Rp183.481 dan Rp139.278 2024 amounted to Rp183,481 and Rp139,278 respectively (Note
(Catatan 37). 37).
Bank mengubah kebijakan akuntansi tanah dari model biaya ke model The bank changed its land accounting policy from the cost model to
revaluasian pada 2016. Pada tahun 2025, PT Bank Pembangunan the revaluation model in 2016. In 2025, PT Bank Pembangunan
Daerah Nusa Tenggara Timur dan PT Bank Pembangunan Daerah Daerah Nusa Tenggara Timur and PT Bank Pembangunan Daerah
Sulawesi Tenggara sebagai entitas anak mengikuti kebijakan ini Sulawesi Tenggara, as subsidiaries, adopted this policy by applying
dengan menerapkan metode revaluasi untuk pencatatan tanah dan the revaluation method for land accounting, while PT Bank
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah pada Pembangunan Daerah Nusa Tenggara Barat Syariah began
tahun 2024. implementing it in 2024.
Grup mencatat kenaikan dari revaluasi aset tetap sebesar Rp47.720. The Group recorded increase from revaluation amounting to
Kenaikan dan penurunan nilai tercatat yang timbul dari revaluasi Rp47,720. The increase and decrease in the carrying amount
dicatat sebagai “Surplus Revaluasi Aset Tetap”, dan disajikan dalam arising from the revaluation are recorded as "Surplus Revaluation of
penghasilan komprehensif lain. Fixed Assets", and are presented in other comprehensive income.
Penilaian dilakukan sesuai dengan ketentuan dari Kode Etik Penilai Appraisals are performed based on Indonesian Appraisers Ethics
Indonesia dan Standar Penilaian Indonesia (KEPI & SPI) serta Code and Indonesian Appraise Standards (KEPI & SPI) and
Peraturan No.VIII.C.4 tentang Pedoman Penilaian dan Penyajian Regulation No.VIII.C.4 concerning the Guidance on Valuation and
Laporan Penilaian di Pasar Modal, ditentukan berdasarkan transaksi Presentation for the Appraisal Report on the Capital Market based
pasar terkini dan dilakukan dengan ketentuan-ketentuan yang lazim on references from recent market transactions and ensue within the
dan menggunakan pendekatan penilaian. clause.
Penilaian nilai wajar aset dapat dilakukan dengan pendekatan pasar, Fair value assessment of assets can be done using the market
yaitu membandingkan dengan aset sejenis melalui metode approach, which involves comparing similar assets using market
perbandingan data pasar atau perdagangan di bursa, serta data comparison methods or exchange trading, as well as the cost
pendekatan biaya, yaitu berdasarkan prinsip bahwa pembeli tidak approach, which is based on the principle that buyers will not pay
akan membayar lebih dari biaya untuk memperoleh aset dengan more than the cost of acquiring assets with the same utility. In
utilitas yang sama. Dalam pengukuran nilai wajar tanah, Penilai measuring the fair value of land, the Independent Appraiser
Independen memperhitungkan kemampuan peserta pasar untuk considers the ability of market participants to generate economic
menghasilkan manfaat ekonomi dengan penggunaan tertinggi dan benefits through the highest and best use of the asset or by selling
terbaik atas aset atau dengan menjual aset ke peserta pasar lain yang the asset to other market participants who will use the asset under
akan menggunakan aset pada kondisi tertinggi dan penggunaan the highest and best conditions.
terbaik.
83
Page 734
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF-USE ASSETS (continued)
Pada tahun 2025, penilaian atas tanah dilakukan oleh penilai In 2025, land appraisals will be conducted by external independent
independen ekstrenal sebagai berikut: appraisers as follows:
a. KJPP Satria Setiawan dengan laporan No.00077/2.0124- a. KJPP Satria Setiawan, with report No.00077/2.0124-
00/PI/07/0348/1/I/2026 tanggal 19 Januari 2026 ditandatangani oleh 00/PI/07/0348/1/I/2026 dated January 19, 2026, signed by
Satria Wicaksono dengan No.STTD.PP-99/PJ-1/PM.02.2023. Satria Wicaksono with No.STTD.PP-99/PJ-1/PM.02.2023.
b. KJPP Pung's Zulkarnain & Rekan dengan laporan No.00430/2.0004- b. KJPP Pung's Zulkarnain & Partners, in its report No.00430-
01/PI/07/0378/1/III/2026 tanggal 25 Januari 2026 ditandatangani 00439/2.0004-01/PI/07/0378/1/III/2026 dated January 25,
oleh Fahmi Hassan dengan No.STTD.PP-81/PJ-1/PM.02.2023. 2026, signed by Fahmi Hassan, with No.STTD.PP-81/PJ-
1/PM.02.2023.
c. KJPP Desmar Susanto Salman & Rekan dengan laporan c. KJPP Desmar Susanto Salman & Partners, with report No.
No.00009/2.0142-04/PI/07/0554/1/II/2025 tanggal 27 Februari 2026 00009/2.0142-04/PI/07/0554/1/II/2025 dated February 27,
ditandatangani oleh Salman Farizy dengan No.STTD.PP- 2026, signed by Salman Farizy, with No.STTD.PP-
182/PM.223/2022. 182/PM.223/2022.
d. KJPP Kusno Raharjo & Rekan dengan laporan No.00361/2.0167- d. KJPP Kusno Raharjo & Partners, in its report No.
00/PI/07/0002/1/III/2026 tanggal 24 Februari 2026 ditandatangani 00361/2.0167-00/PI/07/0002/1/III/2026 dated February 24,
oleh Kusno Raharjo dengan No.STTD.PP-189/PM.223/2022. 2026, signed by Kusno Raharjo under No. STTD.PP-
189/PM.223/2022.
e. KJPP Muttaqin Bambang Purwanto Rozak Uswatun & Rekan e. KJPP Muttaqin Bambang Purwanto Rozak Uswatun &
dengan laporan No.0495/2.0027-05/PI/07/0278/1/XII/2025 tanggal Associates, with report No. 0495/2.0027-
24 Desember 2025 ditandatangani oleh Muhammad Syarif dengan 05/PI/07/0278/1/XII/2025 dated December 24, 2025, signed by
No.STTD.PP-196/PM.223/2022. Muhammad Syarif with No. STTD.PP-196/PM.223/2022.
Pada bulan Desember 2024, dilakukan revaluasi tanah yang dilakukan In December 2024, a revaluation of land was conducted by
oleh pihak penilai independen. Revaluasi Entitas induk dilakukan oleh independent appraisers. The parent entity's revaluation was
Satria Wicaksono dari KJPP Satria Setiawan dan Rekan No.STTD.PP- performed by Satria Wicaksono of KJPP Satria Setiawan and
99/PJ-1/PM.02.2023 dan Entitas anak dilakukan oleh Iqro Haikal Partners with Registered Letter Number STTD.PP-99/PJ-
Sulaiman dari KJPP Edi Andesta dan Rekan No.STTD.PP- 1/PM.02.2023, and the subsidiary revaluation was performed by Iqro
202/PM.223/2022. Nilai wajar atas tanah yang dimiliki Grup pada Haikal Sulaiman of KJPP Edi Andesta and Partners with Registered
tanggal 31 Desember 2024 adalah sebesar Rp1.240.664. Letter Number STTD.PP-202/PM.223/2022. The fair value of the
land owned by the Group as of December 31, 2024, is Rp1,240,664.
Informasi mengenai penilaian kembali aset tetap pada tanggal 31 Information on revaluation of land of the Group on 31 December
Desember 2025 dan 2024 untuk kelompok aset tanah Grup adalah 2025 and 2024 are as follows:
sebagai berikut:
Nilai buku sebelum Nilai buku setelah
revaluasi/ revaluasi/ Keuntungan
Carrying amount Carrying amount after revaluasi bersih/
before revaluation revaluation Net gain revaluation
31 Desember 2025 December 31, 2025
Tanah - Entitas induk 945.412 975.454 30.042 Land - Parent entity
Tanah - Entitas anak 718.630 736.308 17.678 Land - Subsidiaries
1.664.042 1.711.762 47.720
31 Desember 2024 December 31, 2024
Tanah - Entitas induk 944.442 945.412 970 Land - Parent entity
Tanah - Entitas anak 312.412 295.252 (17.160) Land - Subsidiaries
1.256.854 1.240.664 (16.190)
Pada tanggal 31 Desember 2025 dan 2024, jika tanah diukur dengan On December 31, 2025 and 2024 if land is measured by cost
metode biaya, nilai tercatatnya sebesar Rp417.307 dan Rp309.125. method, its carrying value is Rp417,307 and Rp309,125.
Aset tetap, kecuali tanah, pada tanggal 31 Desember 2025 dan 2024 All fixed assets, except land were insured against fire, riot, accident,
diasuransikan terhadap risiko kebakaran, kerusuhan, kecelakaan, dan and theft risks as of December 31, 2025 and 2024 for insurance
pencurian dengan jumlah pertanggungan masing-masing sebesar coverage amounting to Rp2,585,290 and Rp1,449,796 respectively.
Rp2.585.290 dan Rp1.449.796. Manajemen Grup berpendapat bahwa Management Group believes that the insurance coverage is
nilai pertanggungan tersebut cukup untuk menutup kemungkinan adequate to cover possible losses form the assets for insured risks.
kerugian atas aset yang dipertanggungkan.
Manajemen berkeyakinan bahwa tidak terdapat penurunan nilai aset Management believes that there is no impairment in the value of
tetap yang dimiliki Grup sebagaimana dimaksud dalam PSAK 236 fixed assets owned by The Group during the year as described in
selama tahun berjalan, karena manajemen berpendapat bahwa nilai PSAK 236, because management believes that the carrying
tercatat aset tetap tidak melebihi estimasi nilai yang dapat diperoleh amounts of fixed assets do not exceed the estimated recoverable
kembali. amount.
84
Page 735
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF-USE ASSETS (continued)
Rincian aset dalam penyelesaian adalah sebagai berikut: The details of construction in progress are as follows:
Persentase Akumulasi Estimasi
penyelesaian / biaya / penyelesaian /
Percentage of Accumulated Estimated
Jenis aset / Type of asset completion cost completion
31 Desember / December 31 , 2025 Bangunan / Buildings 5 - 95% 78.520 2026 - 2027
31 Desember / December 31 , 2024 Bangunan / Buildings 81% 23.624 2025
Jumlah tercatat bruto dari aset tetap yang telah disusutkan penuh The gross carrying amount of fixed assets that have been fully
namun masih digunakan dalam usaha adalah sebagai berikut: depreciated but still in use in operations are as follows:
2025 2024
Bangunan 89.760 30.008 Buildings
Peralatan kantor 757.302 467.019 Office equipment
Kendaraan bermotor 28.582 7.905 Motor vehicle
Jumlah 875.644 504.932 Total
Pada tanggal 31 Desember 2025 dan 2024, tidak terdapat aset tetap As of December 31, 2025 and 2024, there were no fixed assets
yang dijadikan jaminan. pledged as collateral.
2025 2024
Harga jual 449 1.542 Proceed
Nilai buku (8) (72) Book value
Laba penjualan aset tetap 441 1.470 Gain from sale of fixed assets
Penilaian atas aset yang dijual melalui lelang pada tahun 2024 The valuation of assets sold through auction in 2024 are performed
dilakukan oleh penilai independen eksternal Satria Wicaksono dari by the following external independent appraiser Satria Wicaksono
KJPP Satria Setiawan dan Rekan No.STTD.PP-99/PJ-1/PM.02.2023. from KJPP Satria Setiawan and Partners Number No.STTD.PP-
99/PJ-1/PM.02.2023.
17. ASET TAKBERWUJUD 17. INTANGIBLE ASSETS
Aset takberwujud terdiri dari : Intangible assets consist of the following:
2025 2024
Merek dagang 372.785 136.397 Trademarks
Perangkat lunak 10.214 13.651 Software
Goodwill 39.232 12.898 Goodwill
Jumlah 422.231 162.946 Total
2025
Saldo awal / Dampak akuisisi Saldo akhir /
Penambahan / Pengurangan Reklasifikasi /
Beginning / Acquisition Ending
Additions / Deduction Reclassification
balance impact balance
Biaya perolehan Cost
Perangkat lunak 127.679 2.521 - - 47.955 178.155 Software
Hak legal atas tanah - - - - 650 650 Legal rights to land
Aset dalam penyelesaian - 48 - - 285 333 Construction in progres
Jumlah 127.679 2.569 - - 48.890 179.138 Total
168.924
Akumulasi penyusutan Accumulated depreciation
Perangkat lunak (114.028) (7.998) - - (46.248) (168.274) Software
Hak legal atas tanah - - - - (650) (650) Legal rights to land
Jumlah (114.028) (7.998) - - (46.898) (168.924) Total
Nilai buku 13.651 10.214 Net book value
85
Page 736
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
17. ASET TAKBERWUJUD (lanjutan) 17. INTANGIBLE ASSETS (continued)
2024
Saldo awal / Saldo akhir /
Penambahan / Pengurangan Reklasifikasi /
Beginning Ending
Additions / Deduction Reclassification
balance balance
Perangkat lunak Software
Harga perolehan 120.391 3.377 - 3.911 127.679 Acquisition cost
Akumulasi amortisasi (96.947) (13.190) - (3.891) (114.028) Accumulated amortization
Jumlah 23.444 (9.813) - 20 13.651 Total
-
Goodwill Goodwill
Pada bulan Oktober 2024, Grup telah mengakuisisi PT Bank In October 2024, the Group acquired PT Bank Pembangunan
Pembangunan Daerah Nusa Tenggara Barat Syariah (NTBS). Pada Daerah Nusa Tenggara Barat Syariah (NTBS). In December 2025,
bulan Desember 2025, Grup telah mengakuisi PT Bank Pembangunan the Group acquired PT Bank Pembangunan Daerah Nusa Tenggara
Daerah Nusa Tenggara Timur, PT Bank Pembangunan Daerah Timur, PT Bank Pembangunan Daerah Sulawesi Tenggara, and PT
Sulawesi Tenggara, dan PT Bank Pembangunan Daerah Lampung. Bank Pembangunan Daerah Lampung. As a result of these
Atas transaksi ini, Grup memperoleh goodwill dan aset takberwujud transactions, the Group acquired goodwill and certain intangible
tertentu berupa merek dagang (Catatan 42). assets in the form of trademarks (Note 42).
Penurunan nilai atas goodwill Impairment of goodwill
Pengujian penurunan nilai atas goodwill yang dilakukan setiap tahun Goodwill are tested for impairment annually (as at 31 December)
(pada tanggal 31 Desember) dan ketika terdapat suatu indikasi bahwa and when circumstances indicate that the carrying value may be
nilai tercatatnya mengalami penurunan nilai. impaired.
Nilai terpulihkan ditentukan berdasarkan perhitungan nilai wajar The recoverable amount was determined based on fair value less
dikurangi biaya yang menggunakan metode Discounted Cash Flow 10 cost of disposal calculations that uses the 10 years Discounted
tahun. Grup menentukan unit penghasil kas (“UPK”) sejalan dengan Cash Flow method. The Group determine the cash generating unit
NTBS sebagai UPK sendiri. Nilai tersebut dikategorikan berada dalam (“CGU”) aligned with the NTBS as a separate CGU. The value is
kategori pengukuran nilai wajar level 3. within the category of fair value measurement level 3.
Asumsi kunci yang digunakan dalam perhitungan nilai wajar dikurangi Certain key assumptions used in the fair value less cost of disposal
biaya untuk menjual pada tanggal 31 Desember 2025 adalah sebagai calculation at December 31, 2025 are as follows:
berikut:
2025
Tingkat pertumbuhan 2,00% Growth rate
Tingkat diskonto (WACC) 10,51% Discount rate (WACC)
Pada tahun 2025, penilaian atas penurunan nilai atas goodwill dan In 2025, impairment of goodwill and trademarks conducted by KJPP
merek dagang dilakukan oleh KJPP Kusnanto & Rekan dengan Kusnanto & Rekan, with Registered Letter Number STTD.PB-01/PJ-
Nomor Surat Tanda Terdaftar STTD.PB-01/PJ-1/PM.223/2023 1/PM.223/2023 based on their report dated March 26, 2026.
berdasarkan laporannya tanggal 26 Maret 2026.
18. ASET LAIN-LAIN 18. OTHER ASSETS
2025 2024
Rekening perantara valuta 348.946 269.186 Currency intermediary account
Agunan yang diambil alih - bersih 54.242 - Foreclosed assets - net
Persediaan alat tulis kantor dan barang cetakan 44.267 38.623 Office stationery and printed form
Beban yang ditangguhkan 29.983 18.952 Deferred charges
Lainnya 7.141 5.857 Others
Jumlah 484.579 332.618 Total
Beban yang ditangguhkan merupakan beban atas biaya pendirian Deferred charges represent costs related to the establishment of
kantor, renovasi gedung dan jaringan telekomunikasi. Beban offices, building renovations and telecommunication network.
ditangguhkan diamortisasi selama masa sewa tanah atau gedung Deferred charges are amortized over the land or building lease
dengan menggunakan metode garis lurus. period using the straight-line method.
Lainnya termasuk Car Ownership Program (COP) dan jaminan Others include Car Ownership Program (COP) and other
lainnya. guarantees.
86
Page 737
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. ASET LAIN-LAIN (lanjutan) 18. OTHER ASSETS (continued)
Agunan yang diambil alih Foreclosed assets
Mutasi agunan yang diambil alih: Movement of foreclosed assets:
2025 2024
Saldo awal - - Beginning balance
Dampak akuisisi 113.920 - Acquisition impact
Saldo akhir 113.920 - Ending balance
Perubahan penyisihan kerugian penurunan nilai: Movements in the allowance for impairment losses:
2025 2024
Saldo awal - - Beginning balance
Dampak akuisisi 59.678 - Acquisition impact
Saldo akhir 59.678 - Ending balance
Manajemen Bank berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses are
penurunan nilai yang dibentuk telah memadai untuk menutup adequate to cover the foreclosed assets.
kemungkinan terjadinya kerugian atas agunan yang diambil alih.
19. LIABILITAS SEGERA 19. OBLIGATIONS DUE IMMEDIATELY
2025 2024
Beban sudah efektif harus dibayar 543.525 210.454 Amount involving expenses payable
Transfer, inkaso dan kliring 365.610 212.970 Transfer, cheques pending collection and clearing
Kewajiban ATM 141.560 150.715 ATM liability
Penerimaan yang akan diperhitungkan 85.535 170.343 Acceptance pending settlement
Lain-lain 254.033 170.221 Others
Jumlah 1.390.263 914.703 Total
Penerimaan dana yang akan diperhitungkan merupakan titipan dana Acceptance pending settlement represents funds received for the
untuk pembayaran pajak on-line , pembayaran telepon, pembayaran payment of on-line tax, payment of telephone, payment of land and
PBB dan lain-lain. building tax and others.
Beban sudah efektif harus dibayar merupakan beban yang masih Others included currency intermediate account and suspense
harus dibayar atas listrik, telepon, BPJS dan lain-lain. account.
Liabilitas lainnya meliputi rekening kontrol, utang pembelian dan Other liabilities include control account, purchase payable and
lainnya. others.
Seluruh liabilitas segera pada tanggal 31 Desember 2025 dan 2024 All of obligations due immediately as of December 31, 2025 and
adalah dalam mata uang Rupiah. 2024 are in Rupiah currency.
87
Page 738
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH 20. DEPOSITS FROM CUSTOMERS
a. Berdasarkan segmen, mata uang dan jenis a. By segment, currency and type
2025 2024
Konvensional Conventional
Rupiah Rupiah
Giro 26.940.957 18.806.072 Current accounts
Tabungan 39.486.022 30.445.349 Savings
Deposito berjangka 42.676.592 24.776.326 Time deposits
Deposito on call 217.853 393.530 Deposits on call
109.321.424 74.421.277
Mata uang asing Foreign currencies
Giro 13.031 5.888 Current accounts
Tabungan 53.610 44.807 Savings
Deposito berjangka 73.706 96.178 Time deposits
140.347 146.873
Jumlah Konvensional 109.461.771 74.568.150 Total Conventional
Syariah Sharia
Rupiah Rupiah
Giro 222.220 232.875 Current accounts
Tabungan 260.262 255.813 Savings
482.482 488.688
Jumlah Syariah 482.482 488.688 Total Sharia
Jumlah 109.944.253 75.056.838 Total
Perincian simpanan nasabah berdasarkan mata uang adalah Deposits from customers based on currencies are as follows:
sebagai berikut :
2025 2024
Nosional Nosional
mata uang Ekuivalen mata uang Ekuivalen
asing / Rupiah / asing / Rupiah /
Notional Rupiah Notional Rupiah
foreign equivalent foreign equivalent
currencies currencies
Rupiah 109.803.906 74.909.965 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 7.764.558 129.471 8.667.539 139.504 United States Dollar
Dolar Singapura 748.091 9.698 493.312 5.843 Singapore Dollar
Euro Eropa 35.869 702 71.031 1.190 European Euro
Dolar Australia 24.032 268 23.915 239 Australian Dollar
Yen Jepang 1.652.582 176 746.799 77 Japanese Yen
Yuan China Renminbi 12.999 31 - - Chinese Yuan Renminbi
Dolar Hongkong 467 1 9.985 20 Hongkong Dollar
140.347 146.873
Jumlah 109.944.253 75.056.838 Total
88
Page 739
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
b. Berdasarkan hubungan b. By relationship
2025 2024
Pihak berelasi Related parties
Konvensional Conventional
Rupiah Rupiah
Giro 13.677.583 11.908.060 Current accounts
Tabungan 75.310 51.221 Savings
Deposito berjangka 289.047 269.839 Time deposits
Deposito on call 12.000 34.900 Deposit on call
14.053.940 12.264.020
Mata uang asing Foreign currencies
Giro 687 695 Current accounts
Tabungan 942 209 Savings
Deposito berjangka 2.392 2.852 Time deposits
4.021 3.756
Syariah Sharia
Rupiah Rupiah
Giro - 967 Current accounts
Tabungan 42 99 Savings
42 1.066
Sub jumlah 14.058.003 12.268.842 Sub total
Pihak ketiga Third parties
Konvensional Conventional
Rupiah Rupiah
Giro 13.263.374 6.898.012 Current accounts
Tabungan 39.410.711 30.394.128 Savings
Deposito berjangka 42.387.543 24.506.487 Time deposits
Deposito on call 205.853 358.630 Deposit on call
95.267.481 62.157.257
Mata uang asing Foreign currencies
Giro 12.344 5.193 Current accounts
Tabungan 52.670 44.598 Savings
Deposito berjangka 71.315 93.326 Time deposits
136.329 143.117
Syariah Sharia
Rupiah Rupiah
Giro 222.220 231.908 Current accounts
Tabungan 260.220 255.714 Savings
482.440 487.622
Sub jumlah 95.886.250 62.787.996 Sub total
Jumlah 109.944.253 75.056.838 Total
89
Page 740
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
c. Deposito berjangka dan deposit on call berdasarkan jangka c. Time deposit and deposit on call by contractual period
waktu kontrak
2025 2024
Rupiah Rupiah
- 1 bulan 14.764.245 10.124.116 - 1 month
- 2 bulan 218.194 201.069 - 2 months
- 3 bulan 15.270.315 5.858.878 - 3 months
- 6 bulan 4.372.999 8.205.446 - 6 months
- 12 bulan 7.806.880 337.301 - 12 months
- 18 bulan 81.758 28.893 - 18 months
- 24 bulan 162.201 20.528 - 24 months
Deposit on call 217.853 393.530 Deposit on call
Jatuh tempo - 95 Matured
42.894.445 25.169.856
Mata uang asing Foreign currencies
- 1 bulan 60.168 84.342 - 1 month
- 3 bulan 11.314 10.309 - 3 months
- 6 bulan 1.435 968 - 6 months
- 12 bulan 607 559 - 12 months
- 18 bulan 50 - - 18 months
- 24 bulan 132 - - 24 months
73.706 96.178
Jumlah 42.968.151 25.266.034 Total
d. Deposito berjangka dan deposit on call berdasarkan sisa d. Time deposit and deposit on call by maturity
jangka waktu
2025 2024
Rupiah Rupiah
- Kurang dari atau sama dengan 1 bulan 19.119.817 11.507.582 Less than or until 1 month -
- Lebih dari 1-3 bulan 13.931.482 8.573.517 More than 1-3 months -
- Lebih dari 3-6 bulan 3.620.607 4.471.058 More than 3-6 months -
- Lebih dari 6-12 bulan 5.955.108 195.520 More than 6-12 months -
- Lebih dari 12-18 bulan 28.872 14.486 More than 12-18 months -
- Lebih dari 18-24 bulan 20.706 14.068 More than 18-24 months -
Deposit on call 217.853 393.530 Deposit on call
Jatuh tempo - 95 Matured
42.894.445 25.169.856
Mata uang asing Foreign currencies
- Kurang dari atau sama dengan 1 bulan 6.203 84.969 Less than or until 1 month -
- Lebih dari 1-3 bulan 11.180 9.971 More than 1-3 months -
- Lebih dari 3-6 bulan 532 678 More than 3-6 months -
- Lebih dari 6-12 bulan 577 559 More than 6-12 months -
- Lebih dari 12 bulan 55.214 - More than 12 months -
73.706 96.178
Jumlah 42.968.151 25.266.034 Total
e. Simpanan yang diblokir dan dijadikan jaminan e. Deposits blocked and pledged as collateral
2025 2024
Deposito berjangka 143.777 112.617 Time deposits
Setoran jaminan 64.876 9.129 Security deposits
Tabungan 31.932 255.665 Savings
Giro 13.871 32.101 Current accounts
Jumlah 254.456 409.512 Total
90
Page 741
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
f. Tingkat suku bunga dan bagi hasil per tahun f. Annual interest rates and profit sharing
2025 2024
Konvensional Conventional
Rupiah Rupiah
Giro 0,37% 0,84% Current accounts
Tabungan 0,21% 0,86% Savings
Deposito berjangka 3,20% 5,33% Time deposits
Mata uang asing Foreign Currencies
Giro 0,39% 0,08% Current accounts
Tabungan 0,16% 0,14% Savings
Deposito berjangka 1,59% 1,74% Time deposits
Syariah Sharia
Rupiah Rupiah
Giro 0,39% 0,05% Current accounts
Tabungan 0,52% 0,85% Savings
Deposito berjangka 3,17% 3,79% Time deposits
21. SIMPANAN DARI BANK LAIN 21. DEPOSITS FROM OTHER BANKS
a. Berdasarkan segmen, mata uang dan jenis a. By segment, currency and type
2025 2024
Konvensional Conventional
Rupiah Rupiah
Giro 193.288 81.501 Current accounts
Tabungan 416.280 459.178 Savings
Deposito berjangka 270.288 105.427 Time deposits
Interbank call money 3.135.000 30.000 Interbank call money
4.014.856 676.106
Mata uang asing Foreign Currencies
Interbank call money - 48.285 Interbank call money
Syariah Sharia
Rupiah Rupiah
Giro 13.294 9.383 Current accounts
Jumlah 4.028.150 733.774 Total
Perincian simpanan dari bank lain berdasarkan mata uang Deposits from other banks based on currencies are as follows:
adalah sebagai berikut :
2025 2024
Rupiah 4.028.150 685.489 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat - 48.285 United States Dollar
Jumlah 4.028.150 733.774 Total
91
Page 742
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
21. SIMPANAN DARI BANK LAIN (lanjutan) 21. DEPOSITS FROM OTHER BANKS (continued)
b. Berdasarkan hubungan (lanjutan) b. By relationship (continued)
2025 2024
Pihak berelasi Related parties
Konvensional Conventional
Rupiah Rupiah
Giro 27 83 Current accounts
Tabungan 49.791 44.210 Savings
Deposito berjangka 30 30 Time deposits
Sub jumlah 49.848 44.323 Sub total
Pihak ketiga Third parties
Konvensional Conventional
Rupiah Rupiah
Giro 193.261 81.418 Current accounts
Tabungan 366.489 414.968 Savings
Deposito berjangka 270.258 105.397 Time deposits
Interbank call money 3.135.000 30.000 Interbank call money
Mata uang asing Foreign Currencies
Interbank call money - 48.285 Interbank call money
Syariah Sharia
Rupiah Rupiah
Giro 13.294 9.383 Current accounts
Sub jumlah 3.978.302 689.451 Sub total
Jumlah 4.028.150 733.774 Total
c. Deposito berjangka berdasarkan jangka waktu kontrak c. Time deposits by contractual period
2025 2024
< 1 bulan 74.770 84.347 < 1 month
1 - < 3 bulan 30.529 1.700 1 - < 3 months
3 - < 6 bulan 1.630 10.350 3 - < 6 months
6 - < 12 bulan 31.667 30 6 - < 12 months
> 12 bulan 131.692 9.000 > 12 months
Interbank call money 3.135.000 78.285 Interbank call money
Jumlah 3.405.288 183.712 Total
d. Deposito berjangka berdasarkan sisa jangka waktu d. Time deposits by maturity
2025 2024
< 1 bulan 76.740 86.427 < 1 month
1 - < 3 bulan 39.665 10.470 1 - < 3 months
3 - < 6 bulan 17.931 30 3 - < 6 months
6 - < 12 bulan 8.700 8.000 6 - < 12 months
> 12 bulan 127.252 500 > 12 months
Interbank call money 3.135.000 78.285 Interbank call money
Jumlah 3.405.288 183.712 Total
e. Tingkat suku bunga dan bagi hasil per tahun e. Annual interest rates and profit sharing
2025 2024
Konvensional Conventional
Rupiah 2,13% 2,18% Rupiah
Syariah Sharia
Rupiah 0,86% 0,89% Rupiah
92
Page 743
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI REPURCHASE AGREEMENT
Tidak terdapat liabilitas atas surat berharga yang dijual dengan janji There were no liabilities of marketable securities sold under
dibeli kembali dengan pihak berelasi. repurchase agreement with relates parties.
2025
Beban bunga
yang belum
Jenis Suku Tanggal beli Nilai Nilai beli diamortisasi/
sekuritas / bunga / kembali/ nominal / kembali/ Unamortized Nilai tercatat
Pihak lawan / Type of Interest Tanggal jual/ Date of Nominal Repurchase interest / Carrying
Counterpart securities Rate Date of sale repurchase value value expense value
PT Bank Pembangunan FR0102 6,95% 23 Des/ 6 Jan/ 150.000 147.028 97 146.931
Daerah Sulawesi Utara Dec 23 , 2025 Jan 6 , 2026
Gorontalo
PT Bank Nagari FR0086 5,47% 24 Des/ 7 Jan/ 150.000 149.225 119 149.106
Dec 24 , 2025 Jan 7 , 2026
PT Bank Pembangunan FR0059 5,50% 29 Des/ 5 Jan/ 130.000 128.148 66 128.081
Daerah Kalimantan Timur dan Dec 29 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Nagari FR0086 5,28% 24 Des/ 7 Jan/ 125.000 124.354 99 124.255
Dec 24 , 2025 Jan 7 , 2026
PT Bank ICBC Indonesia FR0059 5,41% 23 Des/ 6 Jan/ 120.000 118.278 78 118.200
Dec 23 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0084 5,41% 24 Des/ 6 Jan/ 100.000 101.125 67 101.058
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0086 5,87% 24 Des/ 6 Jan/ 100.000 99.470 66 99.404
Dec 24, 2025 Jan 6, 2026
PT Bank Pembangunan FR0075 6,59% 22 Des/ 5 Jan/ 100.000 103.233 55 103.178
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0075 6,60% 22 Des/ 5 Jan/ 100.000 103.233 55 103.178
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0075 6,93% 22 Des/ 5 Jan/ 100.000 103.233 55 103.178
Daerah Kalimantan Timur dan Dec 22, 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0102 6,96% 23 Des/ 6 Jan/ 100.000 98.019 65 97.954
Daerah Sulawesi Utara Dec 23, 2025 Jan 6 , 2026
Gorontalo
PT Bank Nagari FR0086 5,32% 24 Des/ 7 Jan/ 90.000 89.535 71 89.464
Dec 24 , 2025 Jan 7 , 2026
PT Bank Nagari FR0086 5,33% 24 Des/ 7 Jan/ 90.000 89.535 71 89.464
Dec 24 , 2025 Jan 7 , 2026
PT Bank Jakarta FR0084 6,32% 24 Des/ 6 Jan/ 80.000 80.900 54 80.847
Dec 24 , 2025 Jan 6 , 2026
PT Bank ICBC Indonesia FR0059 5,58% 19 Des/ 2 Jan/ 80.000 78.787 10 78.777
Dec 19 , 2025 Jan 2 , 2026
PT Bank Jakarta FR0084 5,20% 24 Des/ 6 Jan/ 70.000 70.788 47 70.741
Dec 24 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0059 5,39% 29 Des/ 5 Jan/ 70.000 69.003 36 68.967
Daerah Kalimantan Timur dan Dec 29 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Nagari FR0086 5,29% 24 Des/ 7 Jan/ 70.000 69.638 55 69.583
Dec 24 , 2025 Jan 7 , 2026
PT Bank Jakarta FR0084 5,21% 24 Des/ 6 Jan/ 60.000 60.675 40 60.635
Dec 24 , 2025 Jan 6 , 2026
Dipindahkan/Brought forward 1.885.000 1.884.205 1.206 1.882.999
93
Page 744
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENT (continued)
2025
Beban bunga
Jenis Suku Tanggal beli Nilai beli yang belum
sekuritas / bunga / kembali/ Nilai nominal / kembali/ diamortisasi/ Nilai tercatat /
Type of Interest Tanggal jual/ Date of Nominal Repurchase Unamortized Carrying
Pihak lawan / Counterpart securities Rate Date of sale repurchase value value interest expense value
Pindahan/Carried forward 1.885.000 1.884.205 1.206 1.882.999
PT Bank ICBC Indonesia FR0059 5,42% 23 Des/ 6 Jan/ 60.000 59.139 39 59.100
Dec 23 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0075 6,67% 22 Des/ 5 Jan/ 60.000 61.940 33 61.907
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0059 5,60% 29 Des/ 5 Jan/ 60.000 60.947 32 60.915
Daerah Sulawesi Utara Dec 29 , 2025 Jan 5 , 2026
Gorontalo
PT Bank Nagari FR0086 5,38% 24 Des/ 7 Jan/ 60.000 59.690 47 59.642
Dec 24 , 2025 Jan 7 , 2026
PT Bank Jakarta FR0084 5,89% 24 Des/ 6 Jan/ 50.000 50.563 34 50.529
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0084 6,24% 24 Des/ 6 Jan/ 50.000 50.563 34 50.529
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0086 5,89% 24 Des/ 6 Jan/ 50.000 49.735 33 49.702
Dec 24 , 2025 Jan 6 , 2026
PT Bank HSBC Indonesia FR0098 6,92% 29 Des/ 5 Jan/ 50.000 49.733 24 49.709
Dec 29 , 2025 Jan 5 , 2026
PT Bank ICBC Indonesia FR0059 5,71% 19 Des/ 2 Jan/ 50.000 49.242 7 49.235
Dec 19 , 2025 Jan 2 , 2026
PT Bank ICBC Indonesia FR0059 5,73% 19 Des/ 2 Jan/ 50.000 49.242 7 49.235
Dec 19 , 2025 Jan 2 , 2026
PT Bank ICBC Indonesia FR0059 5,78% 19 Des/ 2 Jan/ 50.000 49.242 7 49.235
Dec 19 , 2025 Jan 2 , 2026
PT Bank ICBC Indonesia FR0059 5,55% 23 Des/ 6 Jan/ 50.000 49.283 33 49.250
Dec 23 , 2025 Jan 6 , 2026
PT Bank ICBC Indonesia FR0059 5,63% 23 Des/ 6 Jan/ 50.000 49.283 33 49.250
Dec 23 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0059 5,40% 29 Des/ 5 Jan/ 50.000 49.288 26 49.262
Daerah Kalimantan Timur dan Dec 29 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0075 6,52% 22 Des/ 5 Jan/ 50.000 51.616 27 51.589
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0059 5,63% 29 Des/ 5 Jan/ 50.000 50.789 27 50.763
Daerah Sulawesi Utara Dec 29 , 2025 Jan 5 , 2026
Gorontalo
PT Bank Pembangunan FR0102 6,93% 23 Des/ 6 Jan/ 50.000 49.009 32 48.977
Daerah Sulawesi Utara Dec 23 , 2025 Jan 6 , 2026
Gorontalo
PT Bank Nagari FR0086 5,45% 24 Des/ 7 Jan/ 50.000 49.742 40 49.702
Dec 24 , 2025 Jan 7 , 2026
Dipindahkan/Brought forward 2.825.000 2.823.249 1.717 2.821.532
94
Page 745
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENT (continued)
2025
Beban bunga
Jenis Suku Tanggal beli Nilai beli yang belum
sekuritas / bunga / kembali/ Nilai nominal / kembali/ diamortisasi/ Nilai tercatat /
Type of Interest Tanggal jual/ Date of Nominal Repurchase Unamortized Carrying
Pihak lawan / Counterpart securities Rate Date of sale repurchase value value interest expense value
Pindahan/Carried forward 2.825.000 2.823.249 1.717 2.821.532
PT Bank Pembangunan FR0075 6,92% 22 Des/ 5 Jan/ 45.000 46.455 25 46.430
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Nagari FR0086 5,17% 24 Des/ 7 Jan/ 45.000 44.767 36 44.732
Dec 24 , 2025 Jan 7 , 2026
PT Bank Jakarta FR0084 6,60% 24 Des/ 6 Jan/ 40.000 40.450 27 40.423
Dec 24 , 2025 Jan 6 , 2026
PT Bank HSBC Indonesia FR0096 6,62% 29 Des/ 5 Jan/ 40.000 40.176 19 40.156
Dec 29 , 2025 Jan 5 , 2026
PT Bank ICBC Indonesia FR0059 5,74% 19 Des/ 2 Jan/ 40.000 39.394 5 39.388
Dec 19 , 2025 Jan 2 , 2026
PT Bank Nagari FR0086 5,19% 24 Des/ 7 Jan/ 40.000 39.793 32 39.762
Dec 24 , 2025 Jan 7 , 2026
PT Bank Nagari FR0086 5,39% 24 Des/ 7 Jan/ 40.000 39.793 32 39.762
Dec 24 , 2025 Jan 7 , 2026
PT Bank Jakarta FR0084 6,05% 24 Des/ 6 Jan/ 30.000 30.338 20 30.317
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0084 6,36% 24 Des/ 6 Jan/ 30.000 30.338 20 30.317
Dec 24 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0059 5,52% 29 Des/ 5 Jan/ 30.000 29.573 15 29.557
Daerah Kalimantan Timur dan Dec 29 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Pembangunan FR0075 6,91% 22 Des/ 5 Jan/ 30.000 30.970 16 30.953
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5, 2026
Kalimantan Utara
PT Bank Pembangunan FR0059 5,39% 29 Des/ 5 Jan/ 30.000 30.474 16 30.458
Daerah Sulawesi Utara Dec 29 , 2025 Jan 5 , 2026
Gorontalo
PT Bank Jakarta FR0084 5,85% 24 Des/ 6 Jan/ 20.000 20.225 13 20.212
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0084 5,92% 24 Des/ 6 Jan/ 20.000 20.225 13 20.212
Dec 24 , 2025 Jan 6 , 2026
PT Bank HSBC Indonesia FR0098 7,01% 29 Des/ 5 Jan/ 20.000 19.891 10 19.881
Dec 29 , 2025 Jan 5 , 2026
PT Bank ICBC Indonesia FR0059 5,60% 19 Des/ 2 Jan/ 20.000 19.697 3 19.694
Dec 19 , 2025 Jan 2 , 2026
PT Bank ICBC Indonesia FR0059 5,44% 23 Des/ 6 Jan/ 20.000 19.713 13 19.700
Dec 23 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0059 5,53% 29 Des/ 5 Jan/ 20.000 19.715 10 19.705
Daerah Kalimantan Timur dan Dec 29 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Nagari FR0086 5,34% 24 Des/ 7 Jan/ 20.000 19.897 16 19.881
Dec 24 , 2025 Jan 7 , 2026
Dipindahkan/Brought forward 3.405.000 3.405.130 2.058 3.403.072
95
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENT (continued)
2025
Beban bunga
Jenis Suku Tanggal beli Nilai beli yang belum
sekuritas / bunga / kembali/ Nilai nominal / kembali/ diamortisasi/ Nilai tercatat /
Type of Interest Tanggal jual/ Date of Nominal Repurchase Unamortized Carrying
Pihak lawan / Counterpart securities Rate Date of sale repurchase value value interest expense value
Pindahan/Carried forward 3.405.000 3.405.130 2.058 3.403.072
PT Bank Jakarta FR0084 5,10% 24 Des/ 6 Jan/ 15.000 15.169 10 15.159
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0084 6,26% 24 Des/ 6 Jan/ 15.000 15.169 10 15.159
Dec 24 , 2025 Jan 6 , 2026
PT Bank Pembangunan FR0075 6,68% 22 Des/ 5 Jan/ 15.000 15.485 8 15.477
Daerah Kalimantan Timur dan Dec 22 , 2025 Jan 5 , 2026
Kalimantan Utara
PT Bank Jakarta FR0084 5,37% 24 Des/ 6 Jan/ 10.000 10.113 7 10.106
Dec 24 , 2025 Jan 6 , 2026
PT Bank Jakarta FR0084 6,34% 24 Des/ 6 Jan/ 10.000 10.113 7 10.106
Dec 24 , 2025 Jan 6 , 2026
PT Bank ICBC Indonesia FR0059 5,41% 19 Des/ 2 Jan/ 10.000 9.848 1 9.847
Dec 19 , 2025 Jan 2 , 2026
PT Bank Tabungan Negara FR0059 5,74% 19 Des/ 2 Jan/ 10.000 9.848 1 9.847
(Persero) Tbk Dec 19 , 2025 Jan 2 , 2026
PT Bank Pembangunan FR0059 6,34% 29 Des/ 5 Jan/ 10.000 10.158 5 10.153
Daerah Sulawesi Utara Dec 29 , 2025 Jan 5 , 2026
Gorontalo
PT Bank Nagari FR0086 5,37% 24 Des/ 7 Jan/ 10.000 9.948 8 9.940
Dec 24 , 2025 Jan 7 , 2026
PT Bank Nagari FR0086 5,40% 24 Des/ 7 Jan/ 10.000 9.948 8 9.940
Dec 24 , 2025 Jan 7 , 2026
Jumlah / Total 3.520.000 3.520.929 9.675 3.518.805
96
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENT (continued)
2024
Beban bunga
Jenis Suku Tanggal beli Nilai beli yang belum
sekuritas / bunga / kembali/ Nilai nominal / kembali/ diamortisasi/ Nilai tercatat /
Type of Interest Tanggal jual/ Date of Nominal Repurchase Unamortized Carrying
Pihak lawan / Counterpart securities Rate Date of sale repurchase value value interest expense value
Bank Indonesia FR0059 6,25% 27 Des/ 3 Jan/ 1.300.000 1.245.669 433 1.245.236
Dec 27 , 2024 Jan 3 , 2025
Bank Indonesia FR0086 6,25% 27 Des/ 3 Jan/ 1.000.000 942.054 326 941.728
Dec 27 , 2024 Jan 3 , 2025
Bank Indonesia FR0081 6,25% 30 Des/ 6 Jan/ 600.000 588.462 510 587.952
Dec 30 , 2024 Jan 6 , 2025
PT Bank Pembangunan FR0086 6,43% 20 Des/ 3 Jan/ 600.000 566.684 202 566.482
Daerah Kalimantan Timur Dec 20 , 2024 Jan 3 , 2025
Bank Indonesia IDSR141125 6,25% 27 Des/ 3 Jan/ 500.000 470.838 164 470.674
364S Dec 27 , 2024 Jan 3 , 2025
PT Bank Negara Indonesia FR0090 6,45% 30 Des/ 13 Jan/ 500.000 460.928 988 459.940
(Persero) Tbk Dec 30 , 2024 Jan 13 , 2025
Bank Indonesia FR0056 6,25% 30 Des/ 6 Jan/ 400.000 398.754 346 398.408
Dec 30 , 2024 Jan 6 , 2025
Bank Indonesia FR0084 6,25% 30 Des/ 6 Jan/ 400.000 392.384 340 392.044
Dec 30 , 2024 Jan 6 , 2025
Bank Indonesia FR0075 6,25% 30 Des/ 6 Jan/ 400.000 385.570 334 385.236
Dec 30 , 2024 Jan 6 , 2025
Bank Indonesia FR0101 6,25% 30 Des/ 6 Jan/ 300.000 287.832 250 287.582
Dec 30 , 2024 Jan 6 , 2025
PT Bank ICBC Indonesia FR0086 6,43% 20 Des/ 3 Jan/ 300.000 283.342 101 283.241
Dec 20 , 2024 Jan 3 , 2025
Bank Indonesia PBS032 6,25% 30 Des/ 6 Jan/ 300.000 277.262 240 277.022
Dec 30 , 2024 Jan 6 , 2025
Bank Indonesia FR0040 6,25% 30 Des/ 6 Jan/ 200.000 207.928 180 207.748
Dec 30 , 2024 Jan 6 , 2025
Bank Indonesia IDSR080125 6,25% 27 Des/ 3 Jan/ 200.000 199.757 69 199.688
182S Dec 27 , 2024 Jan 3 , 2025
Bank Indonesia FR0083 6,25% 30 Des/ 6 Jan/ 200.000 194.854 169 194.685
Dec 30 , 2024 Jan 6 , 2025
Bank Indonesia FR0096 6,25% 30 Des/ 6 Jan/ 200.000 189.632 165 189.467
Dec 30 , 2024 Jan 6 , 2025
PT Bank Mandiri (Persero) FR0090 6,45% 30 Des/ 13 Jan/ 200.000 184.372 395 183.977
Tbk Dec 30 , 2024 Jan 13 , 2025
PT Bank DKI FR0086 6,45% 24 Des/ 7 Jan/ 200.000 189.034 202 188.832
Dec 24 , 2024 Jan 7 , 2025
Bank Indonesia IDSR100125 6,25% 27 Des/ 3 Jan/ 150.000 149.782 52 149.730
364S Dec 27 , 2024 Jan 3 , 2025
Bank Indonesia IDSR310125 6,25% 27 Des/ 3 Jan/ 150.000 149.194 52 149.142
364S Dec 27 , 2024 Jan 3 , 2025
Bank Indonesia IDSR070325 6,25% 27 Des/ 3 Jan/ 150.000 148.070 51 148.019
273S Dec 27 , 2024 Jan 3 , 2025
Bank Indonesia IDSR160525 6,25% 27 Des/ 3 Jan/ 150.000 146.122 51 146.071
273S Dec 27 , 2024 Jan 3 , 2025
PT Bank Mandiri (Persero) FR0086 6,45% 23 Des/ 6 Jan/ 150.000 141.491 126 141.365
Tbk Dec 23 , 2024 Jan 6 , 2025
Dipindahkan/Brought forward 8.550.000 8.200.015 5.746 8.194.269
97
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENT (continued)
2024
Beban bunga
Jenis Suku Tanggal beli Nilai beli yang belum
sekuritas / bunga / kembali/ Nilai nominal / kembali/ diamortisasi/ Nilai tercatat /
Type of Interest Tanggal jual/ Date of Nominal Repurchase Unamortized Carrying
Pihak lawan / Counterpart securities Rate Date of sale repurchase value value interest expense value
Pindahan/Carried forward 8.550.000 8.200.015 5.746 8.194.269
PT Bank HSBC Indonesia FR0098 6,00% 30 Des/ 6 Jan/ 130.000 121.024 101 120.923
Dec 30 , 2024 Jan 6 , 2025
PT Bank SMBC Indonesia FR0086 6,45% 23 Des/ 6 Jan/ 100.000 94.442 84 94.358
Tbk Dec 23 , 2024 Jan 6 , 2025
PT Bank HSBC Indonesia FR0097 6,00% 30 Des/ 6 Jan/ 95.000 88.222 74 88.148
Dec 30 , 2024 Jan 6 , 2025
PT Bank Pembangunan FR0086 6,37% 24 Des/ 2 Jan/ 75.000 70.823 13 70.810
Daerah Bengkulu Dec 24 , 2024 Jan 2 , 2025
PT Bank Pembangunan FR0078 6,35% 27 Des/ 3 Jan/ 75.000 75.565 27 75.538
Daerah Bengkulu Dec 27 , 2024 Jan 3 , 2025
PT Bank Pembangunan FR0096 6,24% 30 Des/ 2 Jan/ 75.000 71.231 12 71.219
Daerah Bengkulu Dec 30 , 2024 Jan 2 , 2025
PT Bank HSBC Indonesia FR0097 6,00% 27 Des/ 3 Jan/ 30.000 27.954 9 27.945
Dec 27 , 2024 Jan 3 , 2025
PT Bank HSBC Indonesia FR0102 6,00% 27 Des/ 3 Jan/ 40.000 37.168 12 37.156
Dec 27 , 2024 Jan 3 , 2025
Jumlah / Total 9.170.000 8.786.444 6.078 8.780.366
Tidak terdapat liabilitas atas surat berharga yang dijual dengan janji There were no liabilities of marketable securities sold under
dibeli kembali dengan pihak berelasi. repurchase agreement with related parties.
Jangka waktu atas liabilitas surat berharga yang dijual dengan janji The term of liabilities for marketable securities sold under
dibeli kembali dikategorikan sebagai kurang dari 1 (satu) bulan. repurchase agreement is categorized as less than 1 (one) month.
23. SURAT BERHARGA YANG DITERBITKAN 23. SECURITIES ISSUED
2025 2024
Obligasi Berkelanjutan I Bank Jatim Tahap I Bank Jatim Phase I Sustainable Bonds I
Tahun 2025 Seri A (Catatan 1e) 1.959.918 - 2025 Series A (Note 1e)
Sertifikat Deposito Syariah Sharia Time Deposit Certificate
Badan Pengelola Tabungan Perumahan Rakyat 8.335 2.389 Badan Pengelola Tabungan Perumahan Rakyat
Sertifikat Investasi Mudharabah Antarbank Interbank Mudharabah Investment Certificate
PT Bank Aceh Syariah - 100.000 PT Bank Aceh Syariah
Jumlah 1.968.253 102.389 Total
Pada tanggal 31 Desember 2025, Obligasi Berkelanjutan I Bank Jatim As of December 31, 2025, Bank Jatim Phase I Sustainable Bonds I
Tahap I Tahun 2025 mendapat peringkat idAA- dari PT Pemeringkat 2025 received rating idAA- from PT Pemeringkat Efek Indonesia
Efek Indonesia (Pefindo). (Pefindo).
Pada tanggal 31 Desember 2025, Bank telah mematuhi semua As of December 31, 2025, the Bank has complied with all the
pembatasan-pembatasan penting sehubungan dengan perjanjian important limitations with respect to the securities issued agreement.
obligasi yang diterbitkan. Seluruh pembayaran atas jumlah bunga All payments on the amount of interest due has been done in a
yang jatuh tempo telah dilakukan secara tepat waktu. timely manner.
Seluruh surat berharga diterbitkan oleh Entitas Anak dan dalam mata All securities issued by Subsidiaries in Rupiah.
uang Rupiah.
98
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA 24. BORROWINGS
2025 2024
PT Bank Mandiri (Persero) Tbk 1.500.000 - PT Bank Mandiri (Persero) Tbk
KPR Fasilitas Likuiditas Pembiayaan Rumah (FLPP) 1.376.300 1.166.404 KPR - Housing Financing Liquidity (FLPP)
PT Bank Tabungan Negara (Persero) Tbk 1.000.000 - PT Bank Tabungan Negara (Persero) Tbk
PT Sarana Multigriya Finansial (Persero) 738.522 161.128 PT Sarana Multigriya Finansial (Persero)
PT Bank Maybank Indonesia Tbk 500.000 - PT Bank Maybank Indonesia Tbk
PT Bank Jakarta 500.000 - PT Bank Jakarta
PT Bank Pembangunan Daerah Sumatera Utara 300.000 - PT Bank Pembangunan Daerah Sumatera Utara
Badan Pengelola Keuangan Haji (BPKH) - 200.000 Badan Pengelola Keuangan Haji (BPKH)
Jumlah 5.914.822 1.527.532 Total
Seluruh pinjaman yang diterima adalah dari pihak ketiga dan dalam All borrowings are from third parties and in Rupiah.
mata uang Rupiah.
a. KPR Fasilitas Likuiditas Pembiayaan Rumah (FLPP) a. KPR Facilities Liquidity Housing Finance (FLPP)
Pusat Pengelolaan Dana Pembiayaan Perumahan (PPDPP) Fund Management Center of Housing Financing (PPDPP) from
Kementerian PUPR Republik Indonesia bekerjasama dengan Bank the Ministry of General Works and Public Housing of the Republic
dalam hal program Penyaluran Dana Fasilitas Likuiditas of Indonesia in colaboration with The Group disburse the Liquidity
Pembiayaan Perumahan (FLPP) melalui kredit/pembiayaan Facility of Housing Financing (FLPP) through loan/financing of
pemilikan rumah sejahtera/rumah sejahtera syariah bagi housing for sharia prosperous house for low-income communities
masyarakat berpenghasilan rendah dengan tingkat bunga sebesar with an interest rate maximum of 0.5% for KPR Sejahtera FLPP
0,5% maksimal untuk biaya provisi dari nilai KPR Sejahtera FLPP. provision fee. KPR Sejahtera FLPP has a maximum term of 20
Jangka waktu KPR Sejahtera FLPP paling lama 20 (dua puluh) (twenty) years. The term of the operational cooperation
tahun. Jangka waktu perjanjian kerjasama operasional adalah agreement is from January 1, 2021 to December 31, 2021 and as
mulai tanggal 1 Januari 2021 sampai dengan tanggal 31 Desember the latest amendment has been extended until December 31,
2021 dan sebagaimana perubahan terakhir telah diperpanjang 2025 in accordance with agreement No.15/PKS/BP-
hingga 31 Desember 2025 sesuai dengan perjanjian No.15/PKS/BP- TPR/IV/12/2024 dated December 23, 2024.
TPR/IV/12/2024 tanggal 23 Desember 2024.
Atas kerjasama ini, Entitas Induk mengelola penyalurannya menjadi For this collaboration, the Parent Entity manages its distribution
dua bagian yaitu konvensional dan syariah dengan PKS Syariah into two parts, namely conventional and sharia with the Sharia
No.71/PKS/BP-TPR/I/12/2022 dan No.061/290/DIR/BIS/PKS. PKS No.71/PKS/BP-TPR/I/12/2022 and No.061/290DIR/BIS/PKS.
Sedangkan PKS konvensional No.82/PKS/BP-TPR/I/12/2022 dan While the conventional PKS No.82/PKS/BP-TPR/I/12/2022 and
No.061/290/DIR/KKR/PKS. Atas kerjasama tersebut, Grup No.061/290/DIR/KKR/PKS. For the cooperation, the Group are
diwajibkan untuk menyampaikan rekening koran dana kelolaan dan required to submit managed fund and operational account
rekening operasional paling lambat tanggal 5 dan 16 setiap statements no later than the 5th and 16th of each month. As of
bulannya. Pada 31 Desember 2025 dan 2024, Bank telah the December 31, 2025 and 2024, the Bank has disbursed FLPP
menyalurkan kredit FLPP masing-masing sebesar Rp567.892 loans amounting to Rp567,892 and Rp510,785.
dan Rp510.785.
Dalam perjanjian pinjaman Bank tidak menjaminkan apapun The Bank does not provide any collateral for this loan.
atas pinjaman ini.
Pada tanggal 6 Januari 2022, NTBS telah menandatangani On January 6, 2022, NTBS has signed an Operational
perjanjian Kerjasama Operasional (PKO) dengan BP Tapera Cooperation Agreement (PKO) with BP Tapera No.32/PKS/BP-
No.32/PKS/BPTPR/I/1/2022 dan SPJ/0006/11/50/2022 tentang TPR/I/1/2022 and SPJ/0006/11/50/2022 regarding the
Penyaluran Dana Fasilitas Likuiditas Pembiayaan Perumahan Distribution of Liquidity Facility Funds for Housing Financing
melalui kredit kepemilikan rumah sejahtera bagi masyarakat through Prosperous homeownership credit for low income people
berpenghasilan rendah selama 12 bulan. Fasilitas pembiayaan ini for 12 months. This financing facility is disbursed with a maximum
disalurkan dengan tarif margin maksimal 5% bersifat tetap dengan margin rate of 5% which is fixed using the annuity margin
metode perhitungan margin annuitas dan jangka waktu maksimal calculation method and a maximum period of 20 years.
20 tahun.
Pada tanggal 28 Desember 2023, NTBS telah menandatangani On December 28, 2023, the NTBS has signed a cooperation
perjanjian kerjasama antara Badan Pengelola Tabungan agreement between the People's Housing Savings Management
Perumahan Rakyat dengan Nomor perjanjian No.44/PKS/BP- Agency with Agreement Number No.44/PKS/BP-TPR/IV/12/2023
TPR/IV/12/2023 dan SPJ/0960/11/50/2023 tentang penyaluran and SPJ/0960/11/50/2023 concerning the distribution of housing
dana fasilitas likuiditas pembiayaan perumahan melalui kredit financing liquidity facility funds through welfare home ownership
pemilikan rumah sejahtera bagi masyarakat berpenghasilan credit for low-income communities. The term of this agreement
rendah. Jangka waktu perjanjian ini berlangsung hingga 31 lasts until December 31, 2024, with a portion of funds of 75%
Desember 2024, dengan porsi dana 75% milik BP Tapera dan 25% belonging to BP Tapera and 25% belonging to NTBS.
adalah milik NTBS.
99
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
a. KPR Fasilitas Likuiditas Pembiayaan (lanjutan) a. KPR Facilities Liquidity Housing Finance (FLPP) (continued)
Pada tanggal 23 Desember 2024, NTBS telah menandatangani On December 23, 2024, the NTBS has signed a cooperation
perjanjian kerjasama sama antara BP Tapera dengan NTBS agreement between BP Tapera and NTBS No.30/PKS/BP-
No.30/PKS/BP-TPR/IV/12/2024 dan SPJ/0294/03/50/2024 tentang TPR/IV/12/2024 and SPJ/0294/03/50/2024 concerning the
Penyaluran Dana Fasilitas Likuiditas Pembiayaan Perumahan Distribution of Housing Financing Liquidity Facility Funds through
melalui kredit kepemilikan rumah sejahtera bagi masyarakat prosperous home ownership credit for high-income communities.
berpenghasilan. Jangka waktu perjanjian ini berlangsung hingga 31 The term of this agreement lasts until December 31, 2025 with a
Desember 2025 dengan porsi dana 75% milik BP Tapera dan 25% portion of funds of 75% belonging to BP Tapera and 25%
adalah milik NTBS. belonging to the NTBS.
Dalam hal ini NTBS menyatakan minat untuk menyalurkan PPR In this case, NTBS expressed margin in distributing PPR FLPP to
FLPP kepada BP Tapera dengan nominal kurang lebih Rp208.000 BP Tapera with a nominal value of approximately Rp208,000 or
atau setara dengan 1.600 unit rumah berdasarkan surat minat equivalent to 1,600 housing units based on letter of interest
No.SBA/4420/11/50/2021 tanggal 24 Desember 2021. Mekanisme No.SBA/4420/11/50/2021 dated December 24, 2021. The
penyaluran menggunakan sistem reimburse dengan pola distribution mechanism uses a reimbursement system with an
executing selama jangka waktu maksimal 20 tahun dengan porsi executing pattern for a maximum period of 20 years with a 75%
dana 75% (BP Tapera) dan 25% (NTBS), serta perhitungan tarif portion of funds (BP Tapera) and 25% (NTBS), as well as
margin sebesar 4,5% (NTBS) dan 0,5% (BP Tapera). calculation of margin rates of 4.5% (NTBS) and 0.5% (BP
Tapera).
Terdapat penambahan pencairan dana FLPP untuk 34 unit KPR There is an additional disbursement of FLPP funds for 34 KPR
dengan nominal Rp4.063 berdasarkan pengajuan Pencairan Dana units with a nominal value of Rp4,063, based on the application
Fasilitas FLPP surat No.20230328/TGH/128/00323 SMF tanggal 28 for disbursement of FLPP Facility Funds letter
Maret 2023 dan berdasarkan lembar hasil pengujian KPR FLPP No.20230328/TGH/128/00323 SMF dated March 28, 2023, and
tahun 2023 No.0283.FLPP/S/BP-TPR/I.3/3/2023 tanggal 29 Maret based on the 2023 KPR FLPP test result sheet
2023. No.0283.FLPP/S/BP-TPR/I.3/3/2023, March 29, 2023.
Realisasi tahun 2024 untuk 314 unit KPR dengan nominal Realization in 2024 for 314 KPR units with a nominal value of
Rp53.730 dengan porsi dana FLPP 75% sebesar Rp40.297 dan Rp53,730 with a 75% FLPP fund portion of Rp40,297 and a 25%
porsi dana NTBS 25% sebesar Rp13.432. NTBS's fund portion of Rp13,432.
Dalam perjanjian pinjaman NTBS tidak menjaminkan apapun NTBS does not provide any collateral for this loan.
atas pinjaman ini.
Dana kelolaan merupakan penyaluran dana Fasilitas Likuiditas Managed funds represent the fund distribution Housing Finance
Pembiayaan Perumahan (FLPP) dalam rangka pengadaan Liquidity Facility (FLPP) in order to procure housing through
perumahan melalui kredit pemilikan rumah sejahtera, dimana prosperous house ownership loans, in which the Government,
Pemerintah melalui Kementerian Perumahan Rakyat Republik through the Ministry of Housing of the Republic of Indonesia
Indonesia menyediakan 75%-90% dana dan BNTT menyediakan provide 75%-90% of the funds and BNTT provides 10%-25% of
10%-25% dana sesuai dengan Kesepakatan Bersama antara funds in accordance with the Agreement between the Ministry of
Kementerian Perumahan Rakyat Republik Indonesia dengan BNTT Housing of the Republic of Indonesia with BNTT
No.07/PKS/DP/2016 dan No.79/MOU-BNTT/VIII/2016 tanggal 3 No.07/PKS/DP/2016 and No.79/MOU-BNTT/VIII/2016 dated
Agustus 2016 tentang Penyaluran Dana Fasilitas Likuiditas August 3, 2016 regarding fund distribution of the Housing
Pembiayaan Perumahan (FLPP). Finance Liquidity Facility (FLPP) in the Framework of Housing
Procurement through Prosperous House Ownership
Loans/Finance.
BNTT melaksanakan penyaluran Dana Fasilitas Likuiditas BNTT distributes Housing Financing Liquidity Facility (FLPP)
Pembiayaan Perumahan (FLPP) dalam rangka pengadaan funds for housing provision through subsidized home ownership
perumahan melalui Kredit Pemilikan Rumah (KPR) Sejahtera bagi loans (KPR Sejahtera) for low-income communities. The loans
masyarakat berpenghasilan rendah. Penyaluran dana dilakukan are granted to borrowers at a fixed interest rate of up to 5% per
kepada debitur dengan suku bunga tetap maksimal sebesar 5% per annum with a maximum tenor of 20 (twenty) years. The managed
tahun dan jangka waktu kredit maksimal 20 (dua puluh) tahun. funds related to FLPP housing financing are administered
Dana kelolaan atas pembiayaan FLPP KPR dikelola melalui through the FLPP Subsidized Mortgage program account in
rekening program FLPP KPR Sejahtera sesuai dengan ketentuan accordance with the provisions stipulated in the Operational
dalam Perjanjian Kerja Sama Operasional No.117/PKS/Sg/2018 Cooperation Agreements No.117/PKS/Sg/2018 and No.124/PKS-
dan No.124/PKS-BNTT/XII/2018 tanggal 21 Desember 2018. BNTT/XII/2018 dated December 21, 2018.
Kredit Pemilikan Rumah (KPR) Sejahtera Tapak BSTR adalah The Sejahtera Tapak BSTR Home Ownership Loan (KPR) is a
kredit pemilikan rumah dengan dukungan fasilitas likuiditas home ownership loan with the support of housing financing
pembiayaan perumahan kepada masyarakat berpenghasilan liquidity facilities for low-income communities in order to purchase
rendah dalam rangka pemilikan satuan rumah sejahtera tapak yang affordable housing units from developers. The target market is
dibeli dari pelaku pembangunan. Sasarannya merupakan low-income communities (MBR) with both fixed and variable
Masyarakat Berpenghasilan Rendah (MBR) yang berpenghasilan incomes.
tetap maupun berpenghasilan tidak tetap.
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
a. KPR Fasilitas Likuiditas Pembiayaan (lanjutan) a. KPR Facilities Liquidity Housing Finance (FLPP) (continued)
Dana KPR Sejahtera Tapak BSTR merupakan gabungan antara The Tapak BSTR Prosperous Mortgage Fund is a combination of
dana FLPP (Fasilitas Likuiditas Pembiayaan Perumahan) dan dana FLPP (Housing Financing Liquidity Facility) funds and BSTR
BSTR dengan proporsi sebagai berikut: funds with the following proportions:
1) Dana FLPP sebesar 90% dan dana BSTR sebesar 10% dari 1) FLPP funds amounting to 90% and BSTR funds
plafond kredit. amounting to 10% of the credit plafond.
2) Dana FLPP sebesar 75% dan dana BSTR sebesar 25% dari 2) FLPP funds amounting to 75% and BSTR funds
plafond kredit. amounting to 25% of the credit plafond.
Suku bunga KPR Sejahtera Tapak BSTR sebesar 5% per tahun The interest rate for Sejahtera Tapak BSTR mortgages is 5% per
dengan metode perhitungan bunga anuitas bulanan. annum, calculated using the monthly annuity method.
b. Badan Pengelola Keuangan Haji (BPKH) b. Badan Pengelola Keuangan Haji (BPKH)
Pada tanggal 18 Desember 2020, NTBS menerima pembiayaan On December 18, 2020, NTBS received financing from the Hajj
dari Badan Pengelola Keuangan Haji dengan nomor perjanjian Financial Management Agency with agreement number
No.24/BPKH/XII/2020 dan No.PJ.01/13/70/60/0275/2020 dengan No.24/BPKH/XII/2020 and No.PJ.01/13/70/60/0275/2020 with a
akad pembiayaan mudharabah muqayyadah dengan fasilitas mudharabah muqayyadah financing contract with a plafond
plafon pembiayaan sebesar Rp1.000.000 dengan nisbah bagi hasil Rp1,000,000 with a profit sharing ratio of 70% with a term of 63
sebesar 70% dengan jangka waktu 63 bulan atau hingga months or until December 2025. This financing is used to
Desember 2025. Pembiayaan ini digunakan untuk memfasilitasi facilitate financing to State Civil Apparatus with murabahah,
pembiayaan kepada Aparatur Sipil Negara dengan akad wakalah, ijarah, Ijarah Muttahiyah bit Tamliq or MMQ contracts.
murabahah , wakalah , ijarah , Ijarah Muttahiyah bit Tamliq atau NTBS does not provide any collateral for this loan.
MMQ. Dalam perjanjian pinjaman NTBS tidak menjaminkan apapun
atas pinjaman ini.
Berdasarkan perjanjian akad pembiayaan antara Badan Pengelola Based on the financing agreement between the Hajj Financial
Keuangan Haji dengan NTBS tentang Akad Pembiayaan Management Agency and NTBS regarding the Mudharabah
Mudharabah Muqayyadah No.26.00/BPKH/XII/2019 dan Muqayyadah Financing Agreement No.26.00/BPKH/XII/2019 and
No.PJ/01.17/60.27/0321/2019 tanggal 20 Desember 2019, No.PJ/01.17/60.27/0321/2019 dated December 20, 2019, which
kemudian dirubah dengan addendum akad No.06/PKS- was subsequently amended by addendum agreement No.06/PKS-
BPKH/II/2020 dan No.PJ/01.17/60.27/0032/2020 tanggal 18 BPKH/II/2020 and No.PJ/01.17/60.27/0032/2020 dated February
Februari 2020, dan diikat secara fidusia sesuai dengan akta No. 03 18, 2020, and secured by a fiduciary agreement in accordance
dengan nominal sebesar Rp1.125.000. with Deed No. 03 with a nominal value of Rp1,125,000.
c. PT Sarana Multigriya Finansial (Persero) c. PT Sarana Multigriya Finansial (Persero)
Dana Multigriya Finansial merupakan fasilitas pembiayaan dengan Dana Multigriya Financial is a financing facility with a portion of
porsi 25% KPR FLPP yang diterima dari PT Sarana Multrigriya 25% FLPP mortgages received from PT Sarana Multigriya
Finansial (Persero) untuk disalurkan dalam rangka program Finansial (Persero) to be distributed in the context of housing
pengadaan perumahan melalui Pembiayaan Pemilikan Rumah procurement programs through Prosperous Home Ownership
(PPR) Sejahtera bagi masyarakat berpenghasilan rendah dengan Financing (PPR) for low-income people with a margit rate of
tingkat margin 4,45%. Jangka waktu fasilitas pembiayaan porsi 4.45%. The term of the portion financing facility is from April 1,
adalah mulai 1 April 2020 sampai dengan 31 Desember 2020 2020 to December 31, 2020 in accordance with PKS
sesuai dengan PKS No.058A/AKAD/SMF-BJTMS/IV/2022 dan No.058A/AKAD/SMF-BJTMS/IV/2022 and
No.059/059/DIR/BIS/PKS. Grup harus menyerahkan laporan No.059/059/DIR/BIS/PKS. The Group must submit the audited
keuangan konsolidasian yang diaudit selambat-lambatnya 120 hari consolidated financial statements no later than 120 days after the
sejak ditutupnya tahun buku. Grup tidak boleh mengalihkan atau closing of the financial year. The Group may not transfer/hand
menyerahkan kepada pihak lain, sebagian atau seluruhnya atas over to other parties, partially or entirely of the rights and
hak dan kewajiban yang timbul berkaitan dengan perjanjian obligations arising in connection with this loan agreement.
pinjaman ini.
Pada tanggal 19 Januari 2024, Bank telah menandatangani On January 19, 2024, the Bank signed a cooperation agreement
perjanjian kerja sama dengan PT Sarana Multigriya Finansial with PT Sarana Multigriya Finansial (Persero) in the context of
(Persero) dalam rangka penyaluran PPR Sejahtera bagi distributing PPR Sejahtera for low-income communities with
masyarakat berpenghasilan rendah dengan nomor perjanjian agreement number No.021/FLPP/PP/SMF-BPD.NTBSy/I/2024
No.021/FLPP/PP/SMF-BPD.NTBSy/I/2024 dan and No.SPJ/0021/11/50/2024.
No.SPJ/0021/11/50/2024.
Jangka waktu fasilitas pembiayaan paling lama 20 tahun sejak The maximum term of the financing facility is 20 years from the
tanggal pencairan fasilitas pembiayaan, dengan Nisbah bagi hasil date of disbursement of the financing facility, with a profit sharing
untuk Shahibul Maal sebesar 22,25% yang dihitung dari Proyeksi ratio for Shahibul Maal of 22.25% calculated from the Projected
Pendapatan Bagi Hasil atas Fasilitas Pembiayaan yang ditarik Profit Sharing Income for the Financing Facility drawn during the
selama availability period dengan equivalen sebesar setara availability period with an equivalent of 4.45% per year with the
dengan 4,45% per tahun dengan Pendapatan Yang Dibagihasilkan. Revenue Shared.
101
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
c. PT Sarana Multigriya Finansial (Persero) (lanjutan) c. PT Sarana Multigriya Finansial (Persero) (continued)
Pada tanggal 29 April 2024, NTBS juga telah menandatangani On April 29, 2024, NTBS has also signed an uncommitted facility
perjanjian uncommitted facility line pembiayaan mudharabah line agreement for mudharabah muqayyadah financing with PT
muqayyadah dengan PT Sarana Multigriya Finansial (persero) Sarana Multigriya Finansial (Persero) with deed of agreement
dengan akta perjanjian No.106 yang dibuat di Kantor Notaris Fikry No.106 made at the Notary Office of Fikry Said, S.H in Mataram.
Said, S.H di Mataram. Fasilitas pembiayaan yang diberikan yaitu The financing facility provided is with a maximum limit of
dengan limit setinggi-tingginya sebesar Rp500.000 yang bersifat Rp500,000 which is non-revolving with a ratio calculated based
non revolving dengan nisbah yang dihitung berdasarkan proyeksi on the projected profit sharing income applied to the withdrawal of
pendapatan bagi hasil yang diberlakukan pada penarikan fasilitas each batch of financing facilities.
pembiayaan masing-masing batch .
Fasilitas pembiayaan ini diikat secara fidusia dengan akta No.107 This financing facility is bound by fiduciary with deed No.107
yang dibuat di Kantor Notaris Fikry Said, S.H di Mataram dengan made at the Notary Office of Fikry Said, S.H in Mataram with a
nilai penjaminan jaminan fidusia adalah sebesar Rp625.000. fiduciary guarantee value of Rp625,000.
Jangka waktu fasilitas pembiayaan yang diterima oleh NTBS The term of the financing facility received by NTBS is 2 to 3 years
dengan rentang 2 sampai 3 tahun dengan equivalent rate sebesar with an equivalent rate of 6.95% to 7.15%.
6,95% sampai 7,15%.
Pada tanggal 13 Maret 2025 NTBS telah menandatangani On March 13, 2025, NTBS signed a cooperation agreement with
perjanjian kerja sama dengan PT Sarana Multigriya Finansial dalam PT Sarana Multigriya Finansial in the context of distributing PPR
rangka penyaluran PPR Sejahtera Bagi Masyarakat Sejahtera for Low-Income Communities with PKS
Berpenghasilan Rendah dengan PKS No.067/FLPP/PP/SMF- No.067/FLPP/PP/SMF-NTBS/III/2025 and
NTBS/III/2025 dan No.SPJ/0070/03/50/2025. Jangka waktu No.SPJ/0070/03/50/2025. The term of this agreement is for 12
perjanjian ini yaitu selama 12 bulan. months.
Pada tanggal 18 Agustus 2022, BNTT memperoleh fasilitas On August 18, 2022, BNTT obtained a Multi-purpose Housing
pinjaman Kredit Multiguna Perumahan dari PT Sarana Multigriya Loan facility from PT Sarana Multigriya Finansial (Persero) under
Finansial (Persero) berdasarkan Perjanjian No.199/PP/SMF- Agreement No.199/PP/SMF-BPD.NTT/VIII/2022 with a maximum
BPD.NTT/VIII/2022 dengan plafon sebesar Rp250.000. Pinjaman facility amount of Rp250,000. The loan bears a fixed interest rate
tersebut dikenakan bunga tetap sebesar 4,50% per tahun dengan of 4.50% per annum with a tenor of one year from the date of
jangka waktu 1 tahun sejak tanggal pencairan dan digunakan untuk disbursement and is used for refinancing multi-purpose housing
keperluan refinancing multiguna perumahan. loans.
Pada tanggal 18 Agustus 2023, BNTT memperoleh fasilitas On August 18, 2023, the BNTT obtained a loan facility in the form
pinjaman berupa pinjaman Uncommitted Facility Linebatch dari PT of an Uncommitted Facility Linebatch loan from PT Sarana
Sarana Multigriya Finansial (Persero) dengan akta perjanjian Multigriya Finansial (Persero) with deed of agreement No.96. The
No.96. Jumlah fasilitas maksimal sebesar Rp500.000. maximum amount of facilities is Rp500,000.
Pada tanggal 30 Mei 2023, BNTT memperoleh fasilitas pinjaman On May 30, 2023, BNTT obtained a loan facility in the form of a
berupa pinjaman Kredit Multiguna Perumahan dari PT Sarana Housing Multiguna Loan from PT Sarana Multigriya Finansial
Multigriya Finansial (Persero) dengan Perjanjian No.096/PP/SMF- (Persero) with agreement No.096/PP/SMF-BPD.NTT/V/2023. The
BPD.NTT/V/2023. Jumlah fasilitas sebesar Rp350.000 dengan total facility is Rp350,000 with an interest rate of 6.50% p.a. fixed
tingkat bunga sebesar 6,50% p.a. tetap selama jangka waktu for the term of the loan. The purpose of this loan facility is used
pinjaman. Tujuan fasilitas pinjaman ini digunakan untuk refinancing for refinancing Housing Multiguna. The term of the facility is 1
multiguna perumahan. Jangka waktu fasilitas selama 1 tahun year from the date of disbursement of the loan facility. BNTT has
terhitung sejak tanggal pencairan fasilitas pinjaman. BNTT telah paid off the facility on May 31, 2024.
melunasi atas fasilitas tersebut tanggal 31 Mei 2024.
Pada tanggal 22 Februari 2023, BNTT memperoleh fasilitas On February 22, 2023, BNTT obtained a Housing Loan facility for
pinjaman Kredit Perumahan Sejahtera bagi Masyarakat Low-Income Communities from PT Sarana Multigriya Finansial
Berpenghasilan Rendah dari PT Sarana Multigriya Finansial (Persero) under Agreement No.036/FLPP/PP/SMF-
(Persero) berdasarkan Perjanjian No.036/FLPP/PP/SMF- BPD.NTT/II/2023. The facility provides funding amounting to 25%
BPD.NTT/II/2023. Fasilitas ini menyediakan pendanaan sebesar of the total financing and is used for the distribution of the
25% dari pembiayaan dan digunakan untuk penyaluran Fasilitas Housing Financing Liquidity Facility (FLPP) through subsidized
Likuiditas Pembiayaan Perumahan (FLPP) melalui kredit pemilikan home ownership loans, with a tenor of 20 years from the date of
rumah sejahtera, dengan jangka waktu 20 tahun sejak tanggal disbursement.
pencairan.
BSTR mendapatkan pinjaman dari PT Sarana Multigriya Finansial BSTR received a loan from PT Sarana Multigriya Finansial
(Persero) merupakan pinjaman untuk refinancing pinjaman (Persero) to refinance housing loans (“KPR”) for low-income
perumahan (“KPR”) untuk Masyarakat Berpenghasilan Rendah communities (MBR). The loan facility has a ceiling value of
(MBR). Fasilitas pinjaman dengan nilai plafond sebesar Rp6.840, Rp6,840, with a maturity date upon completion of obligations and
jangka waktu berakhir ketika kewajiban telah diselesaikan dengan an interest rate of 5%.
tingkat bunga 5%.
Proporsi pendanaan kredit/pembiayaan pemilikan rumah sejahtera The proportion of credit/financing for affordable home ownership
terdiri dari 75% dana PT Sarana Multigriya Finansial (Persero) dan consists of 75% from PT Sarana Multigriya Finansial (Persero)
25% dana BSTR dari plafond kredit yang disalurkan. and 25% from the BSTR credit plafond.
102
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
d. PT Bank Mandiri (Persero) Tbk d. PT Bank Mandiri (Persero) Tbk
Sesuai Perjanjian Kredit Fasilitas Bank Loan In accordance with Bank Loan Facility Agreement
No.WCO.KP/1193/BL/2025, Bank menerima pinjaman dari PT Bank No.WCO.KP/1193/BL/2025, the Bank received a loan from PT
Mandiri (Persero) Tbk yang berupa fasilitas Bank Loan dengan Bank Mandiri (Persero) Tbk in the form of a Bank Loan facility
plafon Rp1.500.000, untuk mendukung ekspansi penyaluran kredit with plafon IDR 1,500,000,000 to support the Bank's credit
Bank. Tingkat suku bunga yang diberikan dari PT Bank Mandiri expansion. The interest rate provided by PT Bank Mandiri
(Persero) Tbk ke Bank sebesar 7,2% p.a dengan menggunakan (Persero) Tbk to the Bank is 7.2% p.a. using the simple interest
metode simple interest . Jangka waktu pinjaman selama 1 tahun method. The loan term is for 1 year from May 21, 2025 to May 21,
dari tanggal 21 Mei 2025 hingga 21 Mei 2026. 2026.
Agunan atas pinjaman ini adalah seluruh kekayaan Bank, baik The collateral for this loan is all of the Bank's assets, both
barang bergerak maupun tidak bergerak, baik yang telah ada movable and immovable, existing and future, which serve as
maupun yang akan ada dikemudian hari, menjadi jaminan atas security for all of the Bank's debts to all of its creditors that are not
semua hutang Bank kepada semua krediturnya yang tidak dijamin specifically secured or without preferential rights, except for
secara khusus atau tanpa hak preferen, kecuali kreditur yang telah creditors who have received collateral from the Bank prior to the
menerima jaminan dari Bank sebelum tanggal perjanjian kredit. date of the credit agreement.
e. PT Bank Tabungan Negara (Persero) Tbk e. PT Bank Tabungan Negara (Persero) Tbk
Sesuai Perjanjian Pinjaman dihadapan notaris Ineu Mauleni, S.H. In accordance with the Loan Agreement before notary Ineu
No.658 tanggal 19 Mei 2025, Bank menerima pinjaman dari PT Mauleni, S.H. No.658 dated May 19, 2025, the Bank received a
Bank Tabungan Negara (Persero) Tbk dengan plafon Rp1.000.000, loan from PT Bank Tabungan Negara (Persero) Tbk with a ceiling
untuk penggunaan general purpose . Tingkat suku bunga yang of Rp1,000,000 for general purpose use. The interest rate
diberikan dari PT Bank Tabungan Negara (Persero) Tbk ke Bank provided by PT Bank Tabungan Negara (Persero) Tbk to the
sebesar 7,2% p.a fixed . Jangka waktu pinjaman selama 1 tahun Bank is 7.2% p.a. fixed. The loan term is for 1 year from May 21,
dari tanggal 21 Mei 2025 hingga 21 Mei 2026. Bank tidak ada 2025 to May 21, 2026. The Bank did not provide any collateral
memberikan jaminan (Clean Basis ) kepada PT Bank Tabungan (Clean Basis) to PT Bank Tabungan Negara (Persero) Tbk to
Negara (Persero) Tbk untuk menjamin seluruh pembayaran dan guarantee all payments and repayments until full settlement of all
pembayaran kembali hingga lunas atas semua dan setiap jumlah and any amounts owed and payable by the Bank to PT Bank
uang yang terutang dan wajib dibayar oleh Bank kepada PT Bank Tabungan Negara (Persero) Tbk.
Tabungan Negara (Persero) Tbk.
f. PT Bank Maybank Indonesia Tbk f. PT Bank Maybank Indonesia Tbk
Sesuai Perjanjian Fasilitas Pinjaman Berjangka (Badan Usaha) In accordance with Term Loan Facility Agreement (Business
No.163/PK/CDU1/25, Bank menerima pinjaman dari PT Bank Entity) No.163/PK/CDU1/25, the Bank received a loan from PT
Maybank Indonesia Tbk dengan plafon Rp500.000, untuk Bank Maybank Indonesia Tbk with a ceiling of Rp500,000 for
penggunaan general purpose . Tingkat suku bunga yang diberikan general purpose use. The interest rate provided by PT Bank
dari PT Bank Maybank Indonesia Tbk ke Bank sebesar 7,2% p.a Maybank Indonesia Tbk to the Bank is 7.2% p.a. fixed. The loan
fixed . Jangka waktu pinjaman selama 1 tahun dari tanggal 19 Mei term is for 1 year from May 19, 2025 to May 19, 2026. The Bank
2025 hingga 19 Mei 2026. Bank tidak ada memberikan jaminan does not provide any collateral (Clean Basis) to PT Bank
(Clean Basis ) kepada PT Bank Maybank Indonesia Tbk untuk Maybank Indonesia Tbk to guarantee all payments and
menjamin seluruh pembayaran dan pembayaran kembali hingga repayments until full settlement of all and any amounts owed and
lunas atas semua dan setiap jumlah uang yang terutang dan wajib payable by the Bank to PT Bank Maybank Indonesia Tbk.
dibayar oleh Bank kepada PT Bank Maybank Indonesia Tbk.
g. PT Bank Jakarta g. PT Bank Jakarta
BSTR mendapatan term loan facility yang merupakan fasilitas BSTR obtained a term loan facility from PT Bank Jakarta in
pinjaman dari PT Bank Jakarta sesuai “Penawaran Term Loan accordance with the “Term Loan Facility Offer”
Facility .” No.3111.1/TRS/XI/2025 tanggal 24 November 2025. No.3111.1/TRS/XI/2025 dated November 24, 2025. The credit
Plafon kredit yang diberikan oleh PT Bank Jakarta sebesar limit granted by PT Bank Jakarta is Rp500,000 with a one-time
Rp500.000 dengan sifat fasilitas satu kali penarikan (non- withdrawal (non-revolving) facility. The interest rate on the term
revolving ). Bunga pinjaman atas term loan facility sebesar 5,90% loan facility is 5.90% p.a.
p.a.
h. PT Bank Pembangunan Daerah Sumatera Utara h. PT Bank Pembangunan Daerah Sumatera Utara
BNTT memperoleh fasilitas kredit dari PT Bank Pembangunan BNTT obtained a credit facility from PT Bank Pembangunan
Daerah Sumatera Utara dengan perjanjian Daerah Sumatera Utara with agreement
No.00001/351/KKLK/2025 tanggal 26 Juni 2025, dengan limit No.00001/351/KKLK/2025 dated June 26, 2025 , with a facility
fasilitas Rp300.000 dengan jangka waktu fasilitas kredit adalah 12 limit of Rp300,000 with a credit facility term of 12 (twelve) months.
(dua belas) bulan. Tingkat suku bunga fasilitas pinjaman ini 7,60% The interest rate for this loan facility is 7.60% with a clean basis
dengan jaminan berupa clean basis . guarantee.
103
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN 25. TAXATION
a. Piutang pajak a. Tax receivable
2025 2024
Bank Bank
Pajak penghasilan pasal 28 42.378 42.378 Income tax - article 28
Pajak penghasilan pasal 21 23.223 24.896 Income tax - article 21
Lain-lain 613 - Others
Entitas anak Subsidiaries
Pajak penghasilan pasal 28 71.067 - Income tax - article 28
Lain-lain 6.784 - Others
Total 144.065 67.274 Total
b. Utang pajak b. Taxes payable
2025 2024
Utang pajak kini Current tax payable
Bank 33.559 - Bank
Entitas anak 17.201 13.125 Subsidiaries
Sub jumlah utang pajak kini 50.760 13.125 Sub total current taxes payable
Utang pajak lainnya Other taxes payable
Bank Bank
Pajak penghasilan pasal 25 66.458 48.482 Income tax - article 25
Pajak penghasilan pasal 4 ayat 2 13.915 14.209 Income tax - article 4 verse (2)
Pajak penghasilan pasal 23 1.100 698 Income tax - article 23
Pajak penghasilan pasal 21 366 1.649 Income tax - article 21
Lain-lain 996 447 Others
Utang pajak lainnya - Bank 82.835 65.485 Sub total other taxes payable - Bank
Utang pajak lainnya Other taxes payable
Entitas Anak Subsidiaries
Pajak penghasilan pasal 25 11.899 4.227 Income tax - article 25
Pajak penghasilan pasal 4 ayat 2 5.471 1.618 Income tax - article 4 verse (2)
Pajak penghasilan pasal 21 2.177 663 Income tax - article 21
Pajak penghasilan pasal 23 402 198 Income tax - article 23
Lain-lain 7.140 - Others
Utang pajak lainnya - Entitas anak 27.089 6.706 Other taxes payable - Subsidiaries
Sub jumlah utang pajak lainnya 109.924 72.191 Sub total current taxes payable
Jumlah 160.684 85.316 Total
c. Beban pajak penghasilan badan c. Corporate income tax expense
2025 2024
Beban pajak kini Current taxes expenses
Bank (415.005) (274.748) Bank
Pajak sehubungan dengan Tax related to
Surat Ketetapan Pajak (SKP) (12.499) - tax assessment letter (SKP)
Entitas anak (30.062) (24.054) Subsidiaries
(457.566) (298.802)
Beban pajak tangguhan Deferred taxes expenses
Bank (17.203) (95.461) Bank
Entitas anak (681) 7.364 Subsidiaries
(17.884) (88.097)
Jumlah (475.450) (386.899) Total
104
Page 755
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
c. Beban pajak penghasilan badan (lanjutan) c. Corporate income tax expense (continued)
2025 2024
Laba konsolidasian sebelum beban pajak Consolidated income before tax expense
dan kepentingan non-pengendali 2.092.642 1.682.717 and non controlling interest
Dikurangi: Laba sebelum beban pajak Less: Income before tax expense of
Entitas Anak - setelah eliminasi (102.248) (31.392) Subsidiaries - after elimination
Laba konsolidasian sebelum beban pajak dan Consolidated income before tax expense
kepentingan non-pengendali - Bank saja 1.990.394 1.651.325 and non controlling interest - Bank only
Ditambah (dikurangi) perbedaan tetap Add (deduct) permanent differences
Penyisihan kerugian penurunan nilai non kredit 5.880 22.054 Non loan provision for imapirment
Tanggung jawab sosial dan lingkungan, sumbangan, Social and environtment responsibility, donation
promosi, rapat dan jamuan tamu, dan lainnya 65.391 58.627 promotion, meetings and entertainment, and others
Pajak 30.619 31.061 Taxes
Kredit yang dihapusbuku - 7.798 Loan written off
Lain-lain 29.311 60.550 Others
131.201 180.090
Ditambah (dikurangi) perbedaan temporer: Add (deduct) temporary differences:
Cadangan jasa produksi 386.421 320.278 Provision for employee bonuses
Penyisihan kerugian penurunan nilai (459) (329.001) Provision for impairment losses
Cadangan imbalan kerja 9.107 (10.438) Provision for employee benefit
Cadangan lainnya 3.681 16.578 Other provision
Aset hak guna (15.829) (15.263) Right of use assets
Pembayaran jasa produksi (320.278) (367.526) Payment for employee bonuses
62.643 (385.372)
Taksiran laba kena pajak 2.184.238 1.446.043 Estimated taxable income
Taksiran beban pajak kini Estimated current taxes expenses
Bank 415.005 274.748 Bank
Pajak sehubungan dengan Tax related to
Surat Ketetapan Pajak (SKP) 12.499 - tax assessment letter (SKP)
Entitas anak 30.062 24.054 Subsidiaries
Jumlah 457.566 298.802 Total
105
Page 756
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Perhitungan beban pajak adalah sebagai berikut: d. The computation of tax expense is as follows:
2025 2024
Laba konsolidasian sebelum beban pajak 2.092.642 1.682.717 Consolidated income before tax expense
Pajak dihitung dengan tarif pajak yang berlaku 397.602 313.752 Tax calculated at applicable tax rates
Dampak pajak penghasilan pada Bank Income taxes effect of Bank
Beban yang tidak dikurangkan Expenses not deductible
untuk tujuan perpajakan 24.928 34.217 for tax purposes
Lain-lain 22.177 22.240 Others
47.105 56.457
Entitas Anak 30.743 16.690 Subsidiaries
Total dampak pajak penghasilan 77.848 73.147 Total tax effect
Beban pajak penghasilan 475.450 386.899 Income tax expenses
e. Perhitungan utang pajak penghasilan badan adalah sebagai e. The analysis of corporate income tax payable as follows:
berikut:
2025 2024
Bank Bank
Beban pajak tahun berjalan (415.005) (274.748) Current year tax expense
Dikurangi: Less:
Pajak penghasilan - pasal 25 381.446 317.126 Income tax - article 25
Lebih (kurang) bayar pajak Over (under) payment of corporate
(33.559) 42.378
penghasilan badan (Catatan 25a dan 25b) income tax (Note 25a and 25b)
Entitas Anak Subsidiaries
Beban pajak tahun berjalan (233.449) (78.554) Current year tax expense
Dikurangi: Less:
Pajak penghasilan - pasal 25 244.462 65.387 Income tax - article 25
Pajak penghasilan - pasal 23 203 42 Income tax - article 23
Lebih (kurang) bayar pajak Over (under) payment of corporate
11.216 (13.125)
penghasilan badan - bersih income tax - net
Kurang bayar pajak Under payment of corporate
(17.201) (13.125)
penghasilan badan (Catatan 25b) income tax (Note 25b)
Lebih bayar pajak Over payment of corporate
28.417 -
penghasilan badan income tax
Perhitungan Pajak Penghasilan Badan untuk tahun yang berakhir The calculation of Corporate Income Tax for the year ended
31 Desember 2024 telah sesuai dengan SPT December 31, 2024 is in accordance with Company's
Tahunan Perusahaan. Annual Tax Return.
106
Page 757
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
f. Aset pajak tangguhan f. Deferred tax assets
2025
Penyesuaian
saldo awal
Dibebankan ke dan dampak
penghasilan Dibebankan akuisisi /
komprehensif ke laporan Beginning
lain / Charged laba rugi / balance
31 Desember/ to other Charged to adjustment 31 Desember/
December 31, comprehensive statement of and December 31,
2024 income profit or loss acquisition 2025
Bank Bank
Cadangan jasa produksi 60.853 - 12.567 - 73.420 Provision for employee bonuses
Penyisihan kerugian Provision for losses
aset produktif 248.377 - (29.193) - 219.184 on earning assets
Rugi (laba) yang belum direalisa Unrealized loss (gain) on
atas aset keuangan financial assets
yang diukur pada nilai wajar measured at fair
melalui penghasilan value through other
komprehensif lain 35.208 (93.344) - - (58.136) comprehensive income
Cadangan lainnya 10.907 - 699 - 11.606 Other provision
Aset hak guna (3.895) - (3.008) - (6.903) Right of use assets
Cadangan imbalan kerja 54.178 1.738 1.730 - 57.646 Provision for employee benefit
Aset pajak tangguhan Deferred tax assets
405.628 (91.606) (17.205) - 296.817
Bank saja Bank only
Entitas Anak Subsidiaries
Aset pajak tangguhan 32.763 (80) (679) 80.336 112.340 Deferred tax assets
Aset pajak tangguhan Consolidated
438.391 (91.686) (17.884) 80.336 409.157
konsolidasian deferred tax assets
2024
Penyesuaian
saldo awal
Dibebankan ke dan dampak
penghasilan Dibebankan akuisisi /
komprehensif ke laporan Beginning
lain / Charged laba rugi / balance
31 Desember/ to other Charged to adjustment 31 Desember/
December 31, comprehensive statement of and December 31,
2023 income profit or loss acquisition 2024
Bank Bank
Cadangan jasa produksi 69.830 - (8.977) - 60.853 Provision for employee bonuses
Penyisihan kerugian Provision for losses
aset produktif 328.215 - (84.751) 4.913 248.377 on earning assets
Rugi yang belum direalisasi Unrealized loss on
atas aset keuangan financial assets
yang diukur pada nilai wajar measured at fair
melalui penghasilan value through other
komprehensif lain 15.002 20.206 - - 35.208 comprehensive income
Cadangan lainnya 7.758 - 3.149 - 10.907 Other provision
Aset hak guna (995) - (2.900) - (3.895) Right of use assets
Cadangan imbalan kerja 52.313 3.847 (1.982) - 54.178 Provision for employee benefit
Aset pajak tangguhan Deferred tax assets
472.123 24.053 (95.461) 4.913 405.628
Bank saja Bank only
Entitas Anak Subsidiaries
Aset pajak tangguhan - (219) 7.364 25.618 32.763 Deferred tax assets
Aset pajak tangguhan Consolidated
472.123 23.834 (88.097) 30.531 438.391
konsolidasian deferred tax assets
107
Page 758
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
g. Perubahan tarif pajak g. Changes in tax rate
Berdasarkan pasal 17 ayat 2 Undang-undang No.7 tahun 1983 Under article 17, paragraph 2 of Law No.7 year 1983 regarding
mengenai “Pajak Penghasilan” yang telah diubah untuk keempat “Income Tax” which has been amended for the fourth time with
kalinya dengan Undang-undang No.36 tahun 2008, tarif Pajak the Law No.36 year 2008, the corporate income tax rate is
Penghasilan Badan sebesar 25%. Namun demikian berdasarkan 25%. However, based on Law No.36 year 2008 dated
Undang-undang No.36 tahun 2008 tanggal 23 September 2008, September 23, 2008, Government Regulation No.81 year 2007
Peraturan Pemerintah No.81 tahun 2007 tanggal 28 Desember dated December 28, 2007 regarding “Reduction on Income
2007 tentang “Penurunan Tarif Pajak Penghasilan Bagi Wajib Pajak Tax Rate for Domestic Listed Companies” and the Ministry of
Badan Dalam Negeri yang Berbentuk Perseroan Terbuka” dan Finance Regulation No.238/PMK.03/2008 dated December 30,
Peraturan Menteri Keuangan No.238/PMK.03/2008 tanggal 30 2008 regarding “Implementation and Monitoring Procedures
Desember 2008 tentang “Tata Cara Pelaksanaan dan Pengawasan for Granting Reduction Rates for Domestic Listed Companies”.
Pemberian Penurunan Tarif Bagi Wajib Pajak Badan Dalam Negeri
yang Berbentuk Perseroan Terbuka”.
Pada akhir tahun 2013, Peraturan Pemerintah No.81 Tahun 2007 At end of 2013, Government Regulation No.81 Year 2007 dated
tanggal 28 Desember 2007 telah diubah dengan Peraturan December 28, 2007 was amended by Government Regulation
Pemerintah (PP) No.77 Tahun 2013 tanggal 21 November 2013 (PP) No.77 Year 2013 dated November 21, 2013 which was
yang kemudian diubah dengan Peraturan Pemerintah (PP) No.56 amended with Government Regulation (PP) No.56 Year 2015
Tahun 2015 tanggal 3 Agustus 2015 tentang “Penurunan Tarif dated August 3, 2015 regarding “Reduction on Income Tax
Pajak Penghasilan Bagi Wajib Pajak Badan Dalam Negeri yang Rate for Domestic Listed Companies”, which regulates that
Berbentuk Perseroan Terbuka”, yang mengatur bahwa wajib pajak domestic listed companies can obtain reduction on income tax
dalam negeri yang berbentuk perseroan terbuka dapat memperoleh rate at 5% (five percent) lower than income tax rate of domestic
penurunan tarif pajak penghasilan sebesar 5% (lima persen) lebih companies tax payers if the following criterias are met: (a) at
rendah dari tarif pajak penghasilan wajib pajak badan dalam negeri least 40% (fourty percent) of the total issued shares are traded
bila memenuhi persyaratan sebagai berikut: (a) paling sedikit 40% in Indonesia Stock Exchange, (b) the shares are owned by at
(empat puluh persen) dari jumlah keseluruhan saham yang disetor least 300 parties, (c) each party can only own lower than 5%
dicatat untuk diperdagangkan di Bursa Efek Indonesia, (b) saham (five percent) of the total issued and fully paid shares, and (d)
tersebut harus dimiliki oleh paling sedikit 300 pihak, (c) masing- the above requirements must be fulfilled at the minimum of 183
masing pihak tersebut hanya boleh memiliki saham kurang dari 5% (one hundred eighty three) calendar days in a period of 1 (one)
(lima persen) dari keseluruhan saham ditempatkan dan disetor fiscal year. Regulation on application and supervision of the
penuh, dan (d) ketentuan sebagaimana dimaksud di atas harus reduction on income tax rate will be provided in the Government
dipenuhi dalam waktu paling singkat 183 (seratus delapan puluh Regulation.
tiga) hari kalender dalam jangka waktu 1 (satu) tahun pajak.
Ketentuan mengenai tata cara pelaksanaan dan pengawasan
pemberian penurunan tarif pajak penghasilan di atas akan diatur
dengan Peraturan Pemerintah (PP).
Pada 18 Mei 2020, Presiden Republik Indonesia mengeluaran On May 18, 2020, the President of the Republic of Indonesia
Undang-udang Nomor 2 Tahun 2020 tentang Penetapan Peraturan issued Law Number 2 of 2020 concerning the Stipulation of
Pemerintah Pengganti Undang-Undang Nomor 1 Tahun 2020 Government Regulation in Lieu of Law Number 1 of 2020
tentang Kebijakan Keuangan Negara dan Stabilitas Sistem concerning State Financial Policy and Financial System
Keuangan untuk Penanganan Pandemi Corona Virus Disease Stability for Handling the Corona Virus Disease 2019 (Covid-
2019 (Covid-19) dan/atau Dalam Rangka Menghadapi Ancaman 19) Pandemic and/ or In the Context of Facing Threats that
yang Membahayakan Perekonomian Nasional dan/atau Stabilitas Endanger the National Economy and/or Financial System
Sistem Keuangan Menjadi Undang-Undang pasal 5 menyebutkan Stability to Become Law. Article 5 states that there is an
bahwa adanya penyesuaian tarif Pajak Penghasilan Wajib Pajak adjustment in the income tax rate for domestic corporate
Badan dalam negeri dan bentuk usaha tetap menjadi (a) sebesar taxpayers and permanent establishments to become (a) 22%
22% (dua puluh dua persen) yang berlaku pada Tahun Pajak 2020 (twenty two percent) which applies in the 2020 Fiscal Year and
dan Tahun Pajak 2021. Kemudian berubah menjadi (b) sebesar 2021 Fiscal Year. Then it changes to (b) 20 % (twenty percent)
20% (dua puluh persen) yang mulai berlaku pada Tahun Pajak which will take effect in the 2022 Fiscal Year. In article 5
2022. Pada pasal 5 ayat 2 bagi Wajib Pajak dalam negeri paragraph 2 for domestic Taxpayers in the form of Public
berbentuk Perseroan Terbuka dengan jumlah keseluruhan saham Companies with the total number of paid-up shares traded on
yang disetor diperdagangkan pada bursa efek di Indonesia paling the stock exchange in Indonesia at least 40% (forty percent),
sedikit 40% (empat puluh persen), dan memenuhi persyaratan and fulfilling certain requirements may obtain a tariff of 3%
tertentu dapat memperoleh tarif 3% (tiga persen) lebih rendah dari (three percent) lower than the rate referred to in letters (a) and
tarif yang dimaksud pada huruf (a) dan (b). (b).
108
Page 759
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
g. Perubahan tarif pajak (lanjutan) g. Changes in tax rate (continued)
Pada tanggal 29 Oktober 2021, Presiden Republik Indonesia On October 29, 2021, the President of the Republic of
mengeluarkan Undang- Undang Nomor 7 Tahun 2021 tentang Indonesia issued Law Number 7 of 2021 concerning
Harmonisasi Peraturan Perpajakan dengan tarif Wajib Pajak badan Harmonization of Tax Regulations with a tax rate for domestic
dalam negeri dan bentuk usaha tetap sebesar 22% yang mulai entities and permanent establishments of 22% which will take
berlaku pada tahun pajak 2022. Wajib Pajak badan dalam negeri effect in the 2022 fiscal year. Domestic corporate taxpayers
berbentuk (a) perseroan terbuka, (b) jumlah keseluruhan saham are in the form of (a) a public company, (b) the total number of
yang disetor diperdagangkan pada bursa efek di Indonesia paling paid-up shares is traded on the stock exchange in Indonesia at
sedikit 40% dan (c) memenuhi persyaratan tertentu dapah least 40% and (c) fulfilling certain requirements can obtain a
memperoleh tarif sebesar 3% lebih rendah dari tarif yang rate of 3% lower than the rate referred to. In this regard, it is
sebagaimana dimaksud. Terkait hal tersebut, diatur oleh Peraturan regulated by Government Regulation (PP) Number 55 of 2022
Pemerintah (PP) Nomor 55 Tahun 2022 tentang Penyesuaian concerning Adjustment of Arrangements in the Income Tax
Pengaturan di Bidang Pajak Penghasilan yang menyebutkan Sector which states that the domestic income tax rate and
bahwa tarif pajak penghasilan dalam negeri dan bentuk usaha tetap permanent establishment is (a) 22% which applies in the 2020
adalah sebesar (a) 22% yang berlaku pada Tahun Pajak 2020 dan and 2021 Fiscal Years and (b) 22% which will take effect in the
2021 dan(b) 22% yang mulai berlaku pada Tahun pajak 2022 2022 tax year (in accordance with the provisions of Law
(sesuai dengan ketentuan Undang-undang nomor 7 Tahun 2021 number 7 of 2021 concerning Harmonization of Tax
tentang Harmonisasi Peraturan Perpajakan). Regulations).
Wajib pajak badan dalam negeri adalah berbentuk (a) perseroan Domestic corporate taxpayers are in the form of (a) a public
terbuka, (b) dengan jumlah keseluruhan saham yang disetor company, (b) with the total number of paid-up shares traded on
diperdagangkan pada bursa efek di Indonesia paling rendah 40% the stock exchange in Indonesia at a minimum of 40% and (c)
dan (c) memenuhi persyaratan tertentu dapat memperoleh tarif fulfilling certain requirements can obtain a rate of 3% lower
sebesar 3% lebih rendah dari tarif yang sebagaimana dimaksud than the rate stipulated as referred to above. The specific
diatas. Persyaratan tertentu yang dimaksud adalah (a) saham requirements referred to are (a) shares must be owned by at
harus dimiliki oleh paling sedikit 300 pihak, (b) masing-masing least 300 parties, (b) each party can only own shares of less
pihak hanya boleh memiliki saham kurang dari 5% dari keseluruhan than 5% of the total issued and fully paid shares, (c) the above
saham yang ditempatkan dan disetor penuh, (c) ketentuan requirements must be fulfilled at the minimum of 183 (one
sebagaimana dimaksud diatas harus dipenuhi dalam jangka waktu hundred eighty three) calendar days in a period of 1 (one)
paling singkat 183 hari kalender dalam jangka waktu 1 tahun pajak. fiscal year.
Berdasarkan surat keterangan No.DE/I/2026-0212 tanggal 6 Based on Letter No.DE/I/2026-0212 dated January 6, 2026
Januari 2026 tentang laporan bulanan kepemilikan saham berupa regarding the monthly report of shares ownerships, form of
Lampiran POJK No.10/POJK.04/2020 dari Biro Administrasi Efek, Attachment to POJK No.10/POJK.04/2020 from the Securities
Datindo Entrycom atas kepemilikan saham Bank selama tahun Administration Agency (Biro Administrasi Efek), Datindo
2025, semua kriteria di atas untuk memperoleh fasilitas penurunan Entrycom on the ownership of Bank’s shares during 2025, all
tarif pajak tersebut atas laporan keuangan untuk tahun yang of the above mentioned required criteria to obtain the tax rate
berakhir pada tanggal 31 Desember 2025 telah dipenuhi. reduction on financial statements for the year ended
December 31, 2025 were fulfilled by Bank.
Manajemen akan terus melakukan pemantauan terkait pemenuhan Management will continue to monitor related to meeting the
persyaratan penurunan tarif sebagaimana disebutkan di atas. tariff reduction requirements as mentioned above.
Manajemen berkeyakinan bahwa Bank telah memenuhi semua Management believes that the Bank has fulfill all the
persyaratan untuk memperoleh fasilitas penurunan tarif pajak requirements to obtain the reduction on income tax rate facility.
penghasilan.
Sehubungan dengan hal tersebut, pajak penghasilan badan untuk In relation with the matter above, corporate income tax for the
posisi 31 Desember 2025 telah dihitung menggunakan tarif pajak position of December 31, 2025 has been calculated using a
19%. tax rate of 19%.
109
Page 760
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
h. Surat ketetapan pajak h. Tax assessment letter
Tahun pajak 2021 Fiscal year 2021
Pada tahun 2025, Bank menerima surat ketetapan pajak dan In 2025, the Bank received a tax assessment letter for fiscal
surat tagihan pajak tahun fiskal 2021, yang terdiri dari : year 2021, which consists of:
(i) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (i) Corporate Income Tax Underpayment Assessment Letter
Penghasilan Badan No.00012/206/21/054/25 tanggal 07 (SKPKB) No.00012/206/21/054/25 dated November 07,
November 2025 Masa Pajak Januari sampai Desember 2025 for the tax period January to December 2021
2021 sebesar Rp17.807 yang terdiri dari pokok sebesar amounting to Rp17,807 consisting of a principal of
Rp12.498 dan sanksi administratif sebesar Rp5.309. Atas Rp12,498 and administrative sanctions of Rp5,309. The
SKPKB tersebut telah dibebankan pada tahun 2025. SKPKB has been charged in 2025.
(ii) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (ii) Underpayment Tax Assessment Letter (SKPKB) Income
Penghasilan pasal 21 No.00015/201/21/054/25 tanggal 07 Tax Article 21 No.00015/201/21/054/25 dated November
November 2025 Masa Pajak Januari sampai Desember 07, 2025 tax period January to December 2021 amounted
2021 sebesar Rp479 yang terdiri dari pokok sebesar Rp336 to Rp479 consisting of a principal of Rp336 and
dan sanksi administratif sebesar Rp143. Atas SKPKB administrative sanctions of Rp143.The SKPKB has been
tersebut telah dibebankan pada tahun 2025. charged in 2025.
(iii) Surat Tagihan Pajak (STP) Pajak Penghasilan Pasal 21 (iii) Tax Collection Letter (STP) Income Tax Article 21 dated
tanggal 7 November 2025 Tahun Fiskal 2021 sebesar November 7, 2025 for Fiscal Year 2021 for Rp100,000 (full
Rp100.000 (dalam rupiah penuh). Atas STP tersebut telah amount in rupiah). The STP has been charged in 2025.
dibebankan pada tahun 2025.
(iv) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (iv) Underpayment Tax Assessment Letter (SKPKB) Income
Penghasilan pasal 21 final No.00003/243/21/054/25 tanggal Tax Article 21 final No.00003/243/21/054/25 dated
7 November 2025 Masa Pajak Desember 2021 sebesar November 7, 2025 tax period December 2021 amounted to
Rp761 yang terdiri dari pokok sebesar Rp534 dan sanksi Rp761 consisting of a principal of Rp534 and
administratif sebesar Rp227. Atas SKPKB tersebut telah administrative sanctions of Rp227. The SKPKB has been
dibebankan pada tahun 2025. charged in 2025.
(v) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (v) Underpayment Tax Assessment Letter (SKPKB) Income
Penghasilan pasal 23 No.00009/203/21/054/25 tanggal 7 Tax Article 23 No.00009/203/21/054/25 dated November 7,
November 2025 Masa Pajak Januari sampai Desember 2025 tax period January to December 2021 amounted
2021 sebesar Rp1.303 yang terdiri dari pokok sebesar Rp1,303 consisting of a principal of Rp914 and
Rp914 dan sanksi administratif sebesar Rp388. Atas administrative sanctions of Rp388. The SKPKB has been
SKPKB tersebut telah dibebankan pada tahun 2025. charged in 2025.
(vi) Surat Tagihan Pajak (STP) Pajak Penghasilan Pasal 23 (vi) Tax Collection Letter (STP) Income Tax Article 23 dated
tanggal 7 November 2025 Tahun Fiskal 2021 sebesar Rp1. May November 7, 2025 for Fiscal Year 2021 for Rp1. The
Atas STP tersebut telah dibebankan pada tahun 2025. STP has been charged in 2025.
(vii) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (vii) Underpayment Tax Assessment Letter (SKPKB) Final
Penghasilan final pasal 4 ayat 2 No.00005/240/21/054/25 Income Tax Article 4 (2) No.00025/240/21/054/25 dated
tanggal 7 November 2025 Masa Pajak Januari sampai November 7, 2025 tax period January to December 2021
Desember 2021 sebesar Rp154 yang terdiri dari pokok amounted to Rp154 consisting of a principal of Rp108 and
sebesar Rp108 dan sanksi administratif sebesar Rp46. Atas administrative sanctions of Rp46. The SKPKB has been
SKPKB tersebut telah dibebankan pada tahun 2025. charged in 2025.
(viii) Surat Tagihan Pajak (STP) Pajak Penghasilan Pasal 4 ayat (viii) Tax Collection Letter (STP) Final Income Tax Article 4(2)
2 tanggal 7 November 2025 Tahun Fiskal 2021 sebesar dated May November 7, 2025 for Fiscal Year 2021 for Rp1.
Rp1. Atas STP tersebut telah dibebankan pada tahun 2025. The STP has been charged in 2025.
(ix) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (ix) Underpayment Tax Assessment Letter (SKPKB) Value
Pertambahan Nilai No.00060/207/21/054/25 tanggal 7 Added Tax (VAT) No.00060/207/21/054/25 dated
November 2025 Masa Pajak Januari 2021 sebesar Rp109 November 7, 2025 tax period January 2021 amounted to
yang terdiri dari pokok sebesar Rp77 dan sanksi Rp109 consisting of a principal of Rp77 and administrative
administratif sebesar Rp32. Atas SKPKB tersebut telah sanctions of Rp32. The SKPKB has been charged in 2025.
dibebankan pada tahun 2025.
110
Page 761
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
h. Surat ketetapan pajak (lanjutan) h. Tax assessment letter (continued)
Tahun pajak 2021 (lanjutan) Fiscal year 2021 (continued)
(x) Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak (x) Underpayment Tax Assessment Letter (SKPKB) Value
Pertambahan Nilai No.00061/207/21/054/25 tanggal 7 Added Tax (VAT) No.00061/207/21/054/25 dated
November 2025 Masa Pajak Desember 2021 sebesar November 7, 2025 tax period December 2021 amounted to
Rp1.413 yang terdiri dari pokok sebesar Rp992 dan sanksi Rp1,413 consisting of a principal of Rp992 and
administratif sebesar Rp421. Atas SKPKB tersebut telah administrative sanctions of Rp421. The SKPKB has been
dibebankan pada tahun 2025. charged in 2025.
(xi) Surat Tagihan Pajak (STP) Pajak Pertambahan Nilai Barang (xi) Tax Collection Letter (STP) Value Added Tax (VAT)
dan Jasa No.00094/107/21/054/25 tanggal 07 November No.00094/107/21/054/25 dated November 7, 2025 for
2025 Tahun Fiskal 2021 sebesar Rp99. Atas STP tersebut Fiscal Year 2021 for Rp99. The STP has been charged in
telah dibebankan pada tahun 2025. 2025.
Pada tahun 2024, Entitas Anak menerima surat permintaan In 2024, the Subsidiaries received a letter requesting an
penjelasan atas data atau keterangan dari pihak fiskus sesuai explanation of data or information from the tax authorities in
dengan surat No.S-779/P2DK/KPP.3101/2024 tanggal 5 Juni 2024 accordance with letter No.S-779/P2DK/KPP.3101/2024 dated
tentang perbedaan perhitungan pajak penghasilan badan dan pajak June 5, 2024 regarding differences in the calculation of
penghasilan pasal 21. Setelah melalui validasi, maka didapati corporate income tax and income tax article 21. After
bahwa kurang setor atas pajak penghasilan badan sebesar validation, it was found that the underpayment of corporate
Rp2.329 yang terdiri dari pokok sebesar Rp1.882 dan sanksi income tax amounted to Rp2,329 consisting of a principal of
administratif sebesar Rp447. Sedangkan kurang setor atas pajak Rp1,882 and administrative sanctions of Rp447. Meanwhile,
penghasilan pasal 21 sebesar Rp166 yang terdiri dari pokok underpayment of income tax article 21 amounted to Rp166
sebesar Rp134 dan sanksi administratif sebesar Rp32. Atas consisting of principal of Rp134 and administrative sanctions
kekurangan setor pajak tersebut telah dibebankan pada tahun of Rp32. The tax underpayment has been charged in 2024.
2024.
111
Page 762
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. BEBAN YANG MASIH HARUS DIBAYAR 26. ACCRUED EXPENSES
2025 2024
Cadangan jasa produksi 476.474 342.296 Employee bonuses
Bunga 171.963 100.304 Interest
Jumlah 648.437 442.600 Total
27. LIABILITAS LAIN-LAIN 27. OTHER LIABILITIES
2025 2024
Rupiah Rupiah
Cadangan imbalan kerja (Catatan 44) 659.966 361.955 Provision of employee benefit (Note 44)
Setoran jaminan 144.319 96.488 Security deposits
Liabilitas sewa 72.537 32.160 Lease liabilities
Estimasi kerugian komitmen dan kontinjensi 6.870 1.221 Estimated losses on commitmens and contingencies
Pokok kredit penerusan yang diterima 6.319 7.336 Principal - channeling loans received
Bunga kredit penerusan yang diterima 3.654 3.589 Interest - channeling loans received
Provisi dan administrasi kredit 12 12 Provision and credit administration
Lainnya 84.348 35.756 Others
978.025 538.517
Mata uang asing Foreign currencies
Lainnya 348.906 270.739 Others
348.906 270.739
Jumlah 1.326.931 809.256 Total
Berikut ini ringkasan komponen perubahan liabilitas yang timbul dari The following summarizes the component of changes in the liabilities
sewa: arising from leases:
2025 2024
Saldo awal 32.160 29.538 Beginning balance
Dampak akuisisi 36.279 - Acquisition impact
Arus kas (43.399) (15.724) Cash flows
Perubahan non kas - penambahan 47.497 18.346 Non cash change - additions
Saldo akhir 72.537 32.160 Ending balance
Estimasi kerugian komitmen dan kontinjensi adalah sebagai berikut: Estimated losses on commitments and contingencies are as follows:
2025
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 1.221 - - 1.221 Balance at beginning of year
Dampak akuisisi 1.826 - - 1.826 Acquisition impact
Penyisihan tahun berjalan 3.823 - - 3.823 Allowance during the year
Saldo akhir tahun 6.870 - - 6.870 Balance at end of year
2024
Tahap 1 / Tahap 2 / Tahap 3 / Jumlah /
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 3.450 - - 3.450 Balance at beginning of year
Pemulihan tahun berjalan (2.229) - - (2.229) Recovery during the year
Saldo akhir tahun 1.221 - - 1.221 Balance at end of year
112
Page 763
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. DANA SYIRKAH TEMPORER 28. TEMPORARY SYIRKAH FUNDS
a. Berdasarkan segmen, mata uang dan jenis a. By segment, currency and type
2025 2024
Bukan bank Non-bank
Pihak berelasi Related parties
Giro mudharabah 2.812.873 1.176.763 Mudharabah current accounts
Tabungan mudharabah 4.966 11.117 Mudharabah savings
Deposito mudharabah 3.999 5.411 Mudharabah deposits
Pihak ketiga Third parties
Giro mudharabah 421.429 443.967 Mudharabah current accounts
Tabungan mudharabah 4.579.671 4.616.467 Mudharabah savings
Deposito mudharabah 9.481.862 8.705.048 Mudharabah deposits
Sub-jumlah 17.304.800 14.958.773 Sub-total
Bank Bank
Pihak ketiga Third parties
Giro mudharabah 8.716 5.766 Mudharabah current accounts
Tabungan mudharabah 124.782 111.275 Mudharabah savings
Deposito mudharabah 16.645 13.500 Mudharabah deposits
Sub-jumlah 150.143 130.541 Sub-total
Jumlah 17.454.943 15.089.314 Total
b Nisbah dan tingkat bagi hasil b. Ratio and profit sharing rate
2025 2024
Tingkat bagi Tingkat bagi
Nisbah / hasil / Profit Nisbah / hasil / Profit
Ratio sharing Ratio sharing
1 bulan 31,50% 2,48% 30,50% 2,81% 1 month
3 bulan 36,50% 2,90% 36,50% 3,33% 3 months
6 bulan 40,50% 3,24% 40,50% 3,69% 6 months
12 bulan 41,25% 3,24% 41,25% 3,77% 12 months
24 bulan 17,50% 1,52% 17,50% 1,51% 24 months
c. Deposito mudharabah berdasarkan jangka waktu kontrak c. Mudharabah deposits by contractual period
2025 2024
Bukan bank Non-bank
< 1 bulan 2.284.035 2.216.940 < 1 month
1 - < 3 bulan 646.498 739.737 1 - < 3 months
3 - < 6 bulan 734.148 2.135.303 3 - < 6 months
6 - < 12 bulan 1.505.998 3.467.454 6 - < 12 months
> 12 bulan 4.315.182 151.025 > 12 months
Jumlah 9.485.861 8.710.459 Total
Bank Bank
< 1 bulan 6.695 2.800 < 1 month
1 - < 3 bulan 2.500 4.500 1 - < 3 months
3 - < 6 bulan 2.950 1.700 3 - < 6 months
6 - < 12 bulan - 2.000 6 - < 12 months
> 12 bulan 4.500 2.500 > 12 months
Jumlah 16.645 13.500 Total
113
Page 764
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. DANA SYIRKAH TEMPORER (lanjutan) 28. TEMPORARY SYIRKAH FUNDS (continued)
d Deposito mudharabah berdasarkan sisa jangka waktu d. Mudharabah deposits by maturity
2025 2024
Bukan bank Non-bank
< 1 bulan 2.003.568 2.300.892 < 1 month
1 - < 3 bulan 1.965.607 1.707.645 1 - < 3 months
3 - < 6 bulan 962.853 1.923.277 3 - < 6 months
6 - < 12 bulan 4.553.833 2.764.621 6 - < 12 months
> 12 bulan - 14.024 > 12 months
Jumlah 9.485.861 8.710.459 Total
Bank Bank
< 1 bulan 5.995 4.300 < 1 month
1 - < 3 bulan 6.150 4.700 1 - < 3 months
3 - < 6 bulan 2.500 4.500 3 - < 6 months
6 - < 12 bulan 2.000 - 6 - < 12 months
Jumlah 16.645 13.500 Total
114
Page 765
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. KEPENTINGAN NON-PENGENDALI ATAS ASET BERSIH ENTITAS 29. NON-CONTROLLING INTERESTS IN NET ASSETS OF
ANAK YANG DIKONSOLIDASI CONSOLIDATED SUBSIDIARIES
Akun ini merupakan kepentingan non-pengendali atas aset bersih This account non-controlling interest in net assets of consolidated
Entitas Anak yang dikonsolidasi sebagai berikut: Subsidiaries are as follows:
2025 2024
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
1.970.048 2.087.447
Nusa Tenggara Barat Syariah ("NTBS") Nusa Tenggara Barat Syariah ("NTBS")
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
2.866.577 -
Nusa Tenggara Timur ("BNTT") Nusa Tenggara Timur ("BNTT")
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
2.273.929 -
Sulawesi Tenggara ("BSTR") Sulawesi Tenggara ("BSTR")
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
1.738.519 -
Lampung ("BLAM") Lampung ("BLAM")
Jumlah kepentingan non-pengendali 8.849.073 2.087.447 Total non-controlling interests
Pada tanggal 31 Desember 2025 dan 2024 kepemilikan kepentingan As of December 31, 2025 and 2024, the ownership of non-
non-pengendali atas NTBS adalah sebesar 96,11% dan 95,91%. controlling interests in NTBS is 96.11% and 95.91%.
Pada tanggal 31 Desember 2025 kepemilikan kepentingan non- As of December 31, 2025, the ownership of non-controlling interests
pengendali atas BNTT, BSTR dan BLAM adalah sebesar 96,77%, in BNTT, BSTR, and BLAM is 96.77%, 96.62% and 95.91%.
96,62%, dan 95,91%.
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
("NTBS") ("NTBS")
Ringkasan informasi keuangan NTBS disajikan berdasarkan nilai The summarized financial information of NTBS is presented based
sebelum eliminasi antar perusahaan. on the value before intercompany elimination.
Ringkasan laporan posisi keuangan: Summary of statement of financial position:
2025 2024
Total aset 17.301.691 16.119.568 Total assets
Total liabilitas 1.463.291 1.687.647 Total liabilities
Total dana syirkah temporer 13.918.890 12.393.879 Total syirkah funds
Total ekuitas 1.919.510 2.038.042 Total equity
- -
Ekuitas yang diatribusikan Atributable equity to
1.970.048 2.087.447
kepada kepentingan non-pengendali non-controlling interest
Ringkasan laporan laba rugi dan penghasilan komprehensif lain: Summary of statement of profit or loss and other comprehensive
income:
2025 2024
Laba operasional 15.867 288.016 Income from operation
Laba sebelum beban pajak 19.280 294.418 Income before tax expense
Beban pajak - bersih (12.890) (78.549) Tax expense - net
Laba tahun berjalan 6.390 215.869 Net income for the year
Penghasilan komprehensif lain tahun berjalan Other comprehensive income for
25.750 122.080
- setelah pajak penghasilan the year - net income tax
Jumlah penghasilan komprehensif Total comprehensive income
32.140 337.949
tahun berjalan for the year
Ringkasan laporan arus kas: Summary of statement of cash flows:
2025 2024
Aktivitas operasi 732.536 408.880 Operating activities
Aktivitas investasi (32.478) (214.537) Investing activities
Aktivitas pendanaan (339.982) (58.503) Financing activities
Kenaikan bersih kas dan setara kas 360.076 135.840 Net increase in cash and cash equivalent
115
Page 766
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. KEPENTINGAN NON-PENGENDALI ATAS ASET BERSIH ENTITAS 29. NON-CONTROLLING INTERESTS IN NET ASSETS OF
ANAK YANG DIKONSOLIDASI (lanjutan) CONSOLIDATED SUBSIDIARIES (continued)
PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT") PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT")
Ringkasan informasi keuangan BNTT disajikan berdasarkan nilai The summarized financial information of BNTT is presented based
sebelum eliminasi antar perusahaan. on the value before intercompany elimination.
Ringkasan laporan posisi keuangan: Summary of statement of financial position:
2025
Total aset 20.092.885 Total assets
Total liabilitas 17.281.611 Total liabilities
Total ekuitas 2.811.274 Total equity
-
Ekuitas yang diatribusikan Atributable equity to
2.866.577
kepada kepentingan non-pengendali non-controlling interest
Ringkasan laporan laba rugi dan penghasilan komprehensif lain: Summary of statement of profit or loss and other comprehensive
income:
2025
Laba operasional 183.608 Income from operation
Laba sebelum beban pajak 171.831 Income before tax expense
Beban pajak - bersih (79.213) Tax expense - net
Laba tahun berjalan 92.618 Net income for the year
Penghasilan komprehensif lain tahun berjalan Other comprehensive income for
55.861
- setelah pajak penghasilan the year - net income tax
Jumlah penghasilan komprehensif Total comprehensive income
148.479
tahun berjalan for the year
Ringkasan laporan arus kas: Summary of statement of cash flows:
2025
Aktivitas operasi 2.323.375 Operating activities
Aktivitas investasi 256.994 Investing activities
Aktivitas pendanaan (265.448) Financing activities
Kenaikan bersih kas dan setara kas 2.314.921 Net increase in cash and cash equivalent
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR")
Ringkasan informasi keuangan BSTR disajikan berdasarkan nilai The summarized financial information of BSTR is presented based
sebelum eliminasi antar perusahaan. on the value before intercompany elimination.
Ringkasan laporan posisi keuangan: Summary of statement of financial position:
2025
Total aset 14.813.529 Total assets
Total liabilitas 12.460.075 Total liabilities
Total ekuitas 2.353.454 Total equity
-
Ekuitas yang diatribusikan Atributable equity to
2.273.929
kepada kepentingan non-pengendali non-controlling interest
Ringkasan laporan laba rugi dan penghasilan komprehensif lain: Summary of statement of profit or loss and other comprehensive
income:
2025
Laba operasional 536.094 Income from operation
Laba sebelum beban pajak 536.433 Income before tax expense
Beban pajak - bersih (116.865) Tax expense - net
Laba tahun berjalan 419.568 Net income for the year
Penghasilan komprehensif lain tahun berjalan Other comprehensive income for
114.918
- setelah pajak penghasilan the year - net income tax
Jumlah penghasilan komprehensif Total comprehensive income
534.486
tahun berjalan for the year
116
Page 767
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. KEPENTINGAN NON-PENGENDALI ATAS ASET BERSIH ENTITAS 29. NON-CONTROLLING INTERESTS IN NET ASSETS OF
ANAK YANG DIKONSOLIDASI (lanjutan) CONSOLIDATED SUBSIDIARIES (continued)
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR")
(lanjutan) (continued)
Ringkasan laporan arus kas: Summary of statement of cash flows:
2025
Aktivitas operasi 348.282 Operating activities
Aktivitas investasi (130.132) Investing activities
Aktivitas pendanaan 6.206 Financing activities
Kenaikan bersih kas dan setara kas 224.356 Net increase in cash and cash equivalent
PT Bank Pembangunan Daerah Lampung ("BLAM") PT Bank Pembangunan Daerah Lampung ("BLAM")
Ringkasan informasi keuangan BLAM disajikan berdasarkan nilai The summarized financial information of BLAM is presented based
sebelum eliminasi antar perusahaan. on the value before intercompany elimination.
Ringkasan laporan posisi keuangan: Summary of statement of financial position:
2025
Total aset 11.481.948 Total assets
Total liabilitas 9.736.353 Total liabilities
Total ekuitas 1.745.595 Total equity
-
Ekuitas yang diatribusikan Atributable equity to
1.738.519
kepada kepentingan non-pengendali non-controlling interest
Ringkasan laporan laba rugi dan penghasilan komprehensif lain: Summary of statement of profit or loss and other comprehensive
income:
2025
Laba operasional 280.609 Income from operation
Laba sebelum beban pajak 269.314 Income before tax expense
Beban pajak - bersih (64.004) Tax expense - net
Laba tahun berjalan 205.310 Net income for the year
Penghasilan komprehensif lain tahun berjalan Other comprehensive income for
33.776
- setelah pajak penghasilan the year - net income tax
Jumlah penghasilan komprehensif Total comprehensive income
239.086
tahun berjalan for the year
Ringkasan laporan arus kas: Summary of statement of cash flows:
2025
Aktivitas operasi 15.820 Operating activities
Aktivitas investasi (8.423) Investing activities
Aktivitas pendanaan 36.711 Financing activities
Kenaikan bersih kas dan setara kas 44.108 Net increase in cash and cash equivalent
117
Page 768
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM 30. SHARE CAPITAL
Pemegang saham Bank, jumlah saham yang ditempatkan dan disetor, The Bank’s shareholders, the number of authorized, issued and paid-
dan saldo yang terkait pada tanggal 31 Desember 2025 dan 2024, up shares and the related balances as of December 31, 2025 and
adalah sebagai berikut: 2024 were as follows:
a. Modal dasar a. Authorized capital
Modal dasar Bank pada tanggal 31 Desember 2025 dan 2024 The Bank’s authorized capital as of December 31, 2025 and
adalah sebagai berikut: 2024 were as follows:
Jumlah/
Rupiah /
Number of
Rupiah
shares
Saham Seri A 24.000.000.000 6.000.000 Series A Shares
Saham Seri B 12.000.000.000 3.000.000 Series B Shares
Jumlah 36.000.000.000 9.000.000 Total
Saham Seri A dan Seri B, masing-masing dengan nilai nominal Rp250 Series A and B shares with par value of Rp250 per share (full
per saham (Rupiah penuh). Rupiah).
- Modal dasar Bank semula adalah sebesar Rp2.500.000 yang - The previous authorized capital of the Bank was
terbagi atas Rp2.250.000 saham seri A dan Rp250.000 saham seri Rp2,500,000 which consisted of Rp2,250,000 series A
B dengan nominal per lembar saham Rp1 berdasarkan akta No.56 shares and Rp250,000 series B shares with par value of
tanggal 17 April 2008 dan disahkan oleh Notaris Untung Rp1 based on deed No.56 dated April 17, 2008, and was
Darnosoewirjo, S.H. Modal dasar ditingkatkan menjadi legalized by Notary of Untung Darnosoewirjo, S.H. The
Rp9.000.000 yang terbagi atas Rp6.000.000 saham seri A dan authorized capital was increased to be Rp9,000,000 which
Rp3.000.000 saham seri B dengan nilai nominal per lembar saham consisted of Rp6,000,000 series A shares and Rp3,000,000
Rp250 (Rupiah penuh). Terkait dengan peningkatan modal dasar series B shares with par value of Rp250 (full Rupiah). In
tersebut, Bank telah memperoleh persetujuan perubahan Anggaran relation to the increase in authorised capital, the Bank has
Dasar dari Menteri Hukum dan Hak Asasi Manusia Republik obtained approval to amend The Bank's Articles of
Indonesia No.AHU-22728.AH.01.02.Tahun 2012 pada tanggal 30 Association from the Ministry of Law and Human Rights of
April 2012. the Republic of Indonesia No.AHU-22728.AH.01.02.Tahun
2012 dated April 30, 2012.
- Berdasarkan Berita Acara Rapat Pemegang Saham Luar Biasa - Based on minutes of Extraordinary Meeting Shareholders’
No.19 tanggal 19 Maret 2012, sebagaimana dituangkan dalam Akta No.19 dated March 19, 2012, as stated in Notarial Deed
Notaris No.19 tanggal 19 Maret 2012, yang dibuat dihadapan No.19 dated March 19, 2012 of Wachid Hasyim, S.H., the
Notaris Wachid Hasyim, S.H., para pemegang saham menyetujui shareholders agreed to convert the appropriated retained
untuk mengkonversi saldo laba yang telah ditentukan earnings of Rp1,310,000 to issued and fully paid capital
penggunaannya sebesar Rp1.310.000 ke modal ditempatkan dan after the authorized capital of the Bank has been increased
disetor penuh setelah modal dasar Bank ditingkatkan menjadi to be Rp9,000,000, proportionally based on the number of
Rp9.000.000, secara proporsionil berdasarkan jumlah saham yang shares hold by each shareholders, at par value of Rp250
dimiliki oleh masing-masing pemegang saham dengan nilai nominal (full Rupiah) per share, and therefore the residual for which
Rp250 (Rupiah penuh) per lembar saham, sehingga sisa hasil the amount is unable to be fully divided by Rp250 (full
konversi yang tidak habis dibagi Rp250 (Rupiah penuh) akan Rupiah) are to be returned to each shareholders.
dikembalikan kepada masing-masing pemegang saham.
- Pada tanggal 12 Juli 2012 saham Bank secara resmi telah tercatat - On July 12, 2012, the Bank shares have been officially
di Bursa Efek Indonesia. Jumlah saham Bank yang tercatat di listed on the Indonesia Stock Exchange. Total shares of the
Bursa Efek Indonesia sebanyak 14.768.508.132 saham atau 99% Bank listed on the Indonesia Stock Exchange were
dari jumlah saham Bank. Saham yang tercatat merupakan saham 14,768,508,132 shares or 99% of the total shares of the
seri A sebanyak 11.784.971.132 dan saham seri B sebanyak Bank. Listed shares are 11,784,971,132 series A shares
2.983.537.000 saham. Sementara 149.176.850 saham atau 1% and 2,983,537,000 Series B shares. While the 149,176,850
sisanya tidak dicatatkan di Bursa Efek Indonesia untuk memenuhi shares or 1% are not listed on the Indonesia Stock
Peraturan Pemerintah No.29 tahun 1999 tentang Pembelian Saham Exchange to fulfill the Government Regulation No.29 of
Bank Umum. 1999 concerning Purchase of Shares of Commercial Banks.
b. Jumlah saham seri A yang ditempatkan dan disetor penuh pada b. Total issued and fully paid-up capital of series A shares as of
tanggal 31 Desember 2025 dan 2024 sebagai berikut (Rupiah December 31, 2025 and 2024, are as follows (full Rupiah):
penuh):
Pemecahan nilai nominal dari Rp1.000.000 per saham Stock split from Rp1,000,000 per share
menjadi Rp250 per saham 6.694.148.000 to be Rp250 per share
Konversi cadangan umum 5.239.999.982 General reserve conversion
Jumlah saham pada akhir tahun 11.934.147.982 Shares at end of year
c. Jumlah saham seri B yang ditempatkan dan disetor penuh pada c. Total issued and fully paid-up capital of series B shares as of
tanggal 31 Desember 2025 dan 2024 adalah 3.081.350.100 lembar December 31, 2025 and 2024 are 3,081,350,100 shares (full
saham (Rupiah penuh). Rupiah).
118
Page 769
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
d. Susunan pemegang saham d. Composition of shareholders
2025
Jumlah lembar saham / Persentase kepemilikan / Jumlah modal disetor /
Pemegang saham Number of shares Percentage of ownership Total paid-in capital Shareholders
Seri A Series A
Pemerintah Provinsi Jawa Timur 7.676.913.648 51,13% 1.919.228 Government of East Java Province
Pemerintah Kabupaten: Government of Regencies:
Kabupaten Sidoarjo 370.155.850 2,47% 92.539 Regency of Sidoarjo
Kabupaten Bojonegoro 300.288.632 2,00% 75.072 Regency of Bojonegoro
Kabupaten Banyuwangi 270.036.117 1,80% 67.509 Regency of Banyuwangi
Kabupaten Malang 253.635.445 1,69% 63.409 Regency of Malang
Kabupaten Gresik 220.213.170 1,47% 55.053 Regency of Gresik
Kabupaten Tuban 217.418.404 1,45% 54.355 Regency of Tuban
Kabupaten Ngawi 215.763.995 1,44% 53.941 Regency of Ngawi
Kabupaten Kediri 144.925.510 0,97% 36.231 Regency of Kediri
Kabupaten Sumenep 144.228.431 0,96% 36.057 Regency of Sumenep
Kabupaten Kraksaan 125.931.454 0,84% 31.483 Regency of Kraksaan
Kabupaten Jember 111.866.875 0,75% 27.967 Regency of Jember
Kabupaten Lamongan 101.318.315 0,67% 25.330 Regency of Lamongan
Kabupaten Sampang 101.175.235 0,67% 25.294 Regency of Sampang
Kabupaten Bondowoso 87.207.357 0,58% 21.802 Regency of Bondowoso
Kabupaten Trenggalek 84.640.532 0,56% 21.160 Regency of Trenggalek
Kabupaten Mojokerto 78.373.801 0,52% 19.593 Regency of Mojokerto
Kabupaten Nganjuk 77.217.854 0,51% 19.304 Regency of Nganjuk
Kabupaten Situbondo 76.374.593 0,51% 19.094 Regency of Situbondo
Kabupaten Tulungagung 70.697.975 0,47% 17.674 Regency of Tulungagung
Kabupaten Lumajang 67.206.045 0,45% 16.802 Regency of Lumajang
Kabupaten Pacitan 53.520.271 0,36% 13.380 Regency of Pacitan
Kabupaten Pasuruan 44.610.500 0,30% 11.153 Regency of Pasuruan
Kabupaten Pamekasan 40.592.928 0,27% 10.148 Regency of Pamekasan
Kabupaten Blitar 39.496.395 0,26% 9.874 Regency of Blitar
Kabupaten Bangkalan 36.793.459 0,25% 9.198 Regency of Bangkalan
Kabupaten Madiun 32.660.478 0,22% 8.165 Regency of Madiun
Kabupaten Jombang 26.792.899 0,18% 6.698 Regency of Jombang
Kabupaten Ponorogo 23.555.596 0,16% 5.889 Regency of Ponorogo
Kabupaten Magetan 19.594.792 0,13% 4.899 Regency of Magetan
Pemerintah Kota: Government of Municipalities:
Kota Surabaya 319.243.457 2,13% 79.812 Municipality of Surabaya
Kota Madiun 134.064.427 0,89% 33.516 Municipality of Madiun
Kota Malang 108.635.999 0,72% 27.159 Municipality of Malang
Kota Pasuruan 100.075.767 0,67% 25.019 Municipality of Pasuruan
Kota Mojokerto 72.091.751 0,48% 18.023 Municipality of Mojokerto
Kota Batu 38.236.741 0,25% 9.559 Municipality of Batu
Kota Probolinggo 17.397.927 0,12% 4.349 Municipality of Probolinggo
Kota Blitar 16.987.084 0,11% 4.247 Municipality of Blitar
Kota Kediri 14.208.273 0,09% 3.552 Municipality of Kediri
Jumlah Seri B 11.934.147.982 79,48% 2.983.537 Brought forward
Seri B Series B
Komisaris: Commisioners:
- Adhy Karyono 249.200 0,00% 62 Adhy Karyono -
Direksi: Directors:
- R. Arief Wicaksono 1.858.600 0,01% 465 R. Arief Wicaksono -
- Arif Suhirman 1.183.400 0,01% 296 Arif Suhirman -
- Umi Rodiyah 1.138.300 0,01% 285 Umi Rodiyah -
Masyarakat (kepemilikan masing -
masing dibawah (5%) 3.076.920.600 20,49% 769.230 Public (ownership less than 5% each)
Jumlah Seri B 3.081.350.100 20,52% 770.338 Total Series B
Jumlah 15.015.498.082 100,00% 3.753.875 Total
119
Page 770
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
d. Susunan pemegang saham (lanjutan) d. Composition of shareholders (continued)
2024
Jumlah lembar saham / Persentase kepemilikan / Jumlah modal disetor /
Pemegang saham Number of shares Percentage of ownership Total paid-in capital Shareholders
Seri A Series A
Pemerintah Provinsi Jawa Timur 7.676.913.648 51,13% 1.919.228 Government of East Java Province
Pemerintah Kabupaten: Government of Regencies:
Kabupaten Sidoarjo 370.155.850 2,47% 92.539 Regency of Sidoarjo
Kabupaten Bojonegoro 300.288.632 2,00% 75.072 Regency of Bojonegoro
Kabupaten Banyuwangi 270.036.117 1,80% 67.509 Regency of Banyuwangi
Kabupaten Malang 253.635.445 1,69% 63.409 Regency of Malang
Kabupaten Gresik 220.213.170 1,47% 55.053 Regency of Gresik
Kabupaten Tuban 217.418.404 1,45% 54.355 Regency of Tuban
Kabupaten Ngawi 215.763.995 1,44% 53.941 Regency of Ngawi
Kabupaten Kediri 144.925.510 0,97% 36.231 Regency of Kediri
Kabupaten Sumenep 144.228.431 0,96% 36.057 Regency of Sumenep
Kabupaten Kraksaan 125.931.454 0,84% 31.483 Regency of Kraksaan
Kabupaten Jember 111.866.875 0,75% 27.967 Regency of Jember
Kabupaten Lamongan 101.318.315 0,67% 25.330 Regency of Lamongan
Kabupaten Sampang 101.175.235 0,67% 25.294 Regency of Sampang
Kabupaten Bondowoso 87.207.357 0,58% 21.802 Regency of Bondowoso
Kabupaten Trenggalek 84.640.532 0,56% 21.160 Regency of Trenggalek
Kabupaten Mojokerto 78.373.801 0,52% 19.593 Regency of Mojokerto
Kabupaten Nganjuk 77.217.854 0,51% 19.304 Regency of Nganjuk
Kabupaten Situbondo 76.374.593 0,51% 19.094 Regency of Situbondo
Kabupaten Tulungagung 70.697.975 0,47% 17.674 Regency of Tulungagung
Kabupaten Lumajang 67.206.045 0,45% 16.802 Regency of Lumajang
Kabupaten Pacitan 53.520.271 0,36% 13.380 Regency of Pacitan
Kabupaten Pasuruan 44.610.500 0,30% 11.153 Regency of Pasuruan
Kabupaten Pamekasan 40.592.928 0,27% 10.148 Regency of Pamekasan
Kabupaten Blitar 39.496.395 0,26% 9.874 Regency of Blitar
Kabupaten Bangkalan 36.793.459 0,25% 9.198 Regency of Bangkalan
Kabupaten Madiun 32.660.478 0,22% 8.165 Regency of Madiun
Kabupaten Jombang 26.792.899 0,18% 6.698 Regency of Jombang
Kabupaten Ponorogo 23.555.596 0,16% 5.889 Regency of Ponorogo
Kabupaten Magetan 19.594.792 0,13% 4.899 Regency of Magetan
Pemerintah Kota: Government of Municipalities:
Kota Surabaya 319.243.457 2,13% 79.812 Municipality of Surabaya
Kota Madiun 134.064.427 0,89% 33.516 Municipality of Madiun
Kota Malang 108.635.999 0,72% 27.159 Municipality of Malang
Kota Pasuruan 100.075.767 0,67% 25.019 Municipality of Pasuruan
Kota Mojokerto 72.091.751 0,48% 18.023 Municipality of Mojokerto
Kota Batu 38.236.741 0,25% 9.559 Municipality of Batu
Kota Probolinggo 17.397.927 0,12% 4.349 Municipality of Probolinggo
Kota Blitar 16.987.084 0,11% 4.247 Municipality of Blitar
Kota Kediri 14.208.273 0,09% 3.552 Municipality of Kediri
11.934.147.982 79,48% 2.983.537
Seri B Series B
Komisaris: Commisioners:
- Adhy Karyono 81.500 0,00% 20 Adhy Karyono -
Direksi: Directors:
- Busrul Iman 3.651.300 0,02% 913 Busrul Iman -
- R. Arief Wicaksono 952.300 0,01% 238 R. Arief Wicaksono -
- Arif Suhirman 819.700 0,01% 205 Arif Suhirman -
- Edi Masrianto 764.900 0,01% 191 Edi Masrianto -
- Umi Rodiyah 508.500 0,00% 127 Umi Rodiyah -
- Eko Susetyono 446.800 0,00% 112 Eko Susetyono -
- Zulhelfi Abidin 347.800 0,00% 87 Zulhelfi Abidin -
Masyarakat (kepemilikan masing -
masing dibawah (5%) 3.073.777.300 20,47% 768.444 Public (ownership less than 5% each)
3.081.350.100 20,52% 770.338
Jumlah 15.015.498.082 100,00% 3.753.875 Total
120
Page 771
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
e. Pembagian saldo laba e. Distribution of retained earnings
Berdasarkan Berita Acara Rapat Umum Pemegang Saham Based on decisions at Annual General Meetings Report as
Tahunan, sebagaimana tercantum dalam Akta No.48 tanggal 22 documented in notarial Deeds No.48 dated May 22, 2025 and
Mei 2025 dan Akta No.10 tanggal 7 Februari 2024 yang dibuat oleh notarial Deeds No.10 dated February 7, 2024 of Sitaresmi
Notaris Sitaresmi Puspadewi Subianto, S.H. para Pemegang Puspadewi Subianto, S.H. the Shareholders agreed to
Saham menyetujui pembagian laba bersih untuk tahun yang distribute net income for the year ended December 31, 2024
berakhir pada tanggal 31 Desember 2024 dan 2023 sejumlah dan and 2023 as follows:
dengan penggunaan sebagai berikut:
Laba bersih tahun/ Laba bersih tahun/
Net income year Net income year
2024 2023
Dividen tunai 821.497 816.693 Cash dividens
Cadangan umum 459.619 653.412 General reverse
Bank membentuk cadangan umum untuk memperkuat modal. Bank established the general reserve to strengthen capital.
31. TAMBAHAN MODAL DISETOR 31. ADDITIONAL PAID IN CAPITAL
Rincian tambahan modal disetor tanggal 31 December 2025 dan Details of additional paid in capital as of December 31, 2025 and
2024, adalah sebagai berikut: 2024 as follows:
Agio saham dari Penawaran Umum Perdana Saham (IPO) 509.369 Share premium from Initial Public Offering (IPO)
Opsi saham untuk program Management and Employee Stock option for Management and Employee
Stock Option Plan (MESOP) 23.365 Stock Option Plan (MESOP) Program
Jumlah 532.734 Total
Pada tanggal 12 Juli 2012, Bank telah melakukan Penawaran Umum On July 12, 2012, the Bank has made it first Initial Public Offering
Saham Perdana (IPO) dengan mengeluarkan 2.983.537.000 lembar (IPO) by issuing 2,983,537,000 series B shares amounted to Rp250
saham Seri B dengan nilai nominal sebesar Rp250 (Rupiah penuh) (full Rupiah) per share with an offering price at Rp430 (full Rupiah)
setiap lembar saham dengan harga penawaran sebesar Rp430 per share, resulting increase in share premium, as follows:
(Rupiah penuh) setiap lembar saham sehingga menghasilkan
tambahan agio saham sebagai berikut:
Agio saham Rp180 (Rupiah penuh) per saham 537.037 Share premium Rp180 (full Rupiah) per share
Biaya emisi saham (27.668) Share issurance cost
Agio saham dari IPO 509.369 Share premium from IPO
Program MESOP sebanyak 105.915.000 lembar dilaksanakan mulai MESOP Program as much as 105,915,000 shares, started 2015 to
tahun 2015 kepada manajemen dan karyawan Bank dan Program the management and employee of the Bank and will be expire in
MESOP akan berakhir pada tahun 2020. Sampai dengan saat ini telah 2020. Up to now 97,813,100 MESOP shares have been executed,
tereksekusi 97.813.100 lembar saham dari Program MESOP sehingga resulting shares agio additional:
menghasilkan tambahan agio saham sebagai berikut:
Agio saham Program MESOP Tahap I 6.355 Share agio MESOP Program Phase I
Rp200 (Rupiah penuh) per saham Rp200 (Rupiah) per share
Tereksekusi 31.774.500 lembar Executed 31,774,500 shares
Agio saham Program MESOP Tahap II 5.052 Share agio MESOP Program Phase II
Rp159 (Rupiah penuh) per saham Rp159 (Rupiah) per share
Tereksekusi 31.774.500 lembar Executed 31,774,500 shares
Agio saham Program MESOP Tahap III 11.958 Share agio MESOP Program Phase II
Rp349 (Rupiah penuh) per saham Rp349 (Rupiah) per share
Tereksekusi 34.264.100 lembar Executed 34,264,100 shares
Agio saham dari Program MESOP 23.365 Share agio MESOP Program
121
Page 772
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31. TAMBAHAN MODAL DISETOR (lanjutan) 31. ADDITIONAL PAID IN CAPITAL (continued)
Program MESOP Tahap I telah dilaksanakan tanggal 1 Agustus 2016 - The MESOP Program Phase I has been implemented from August
13 September 2016, tanggal 1 Februari 2017 - 13 Maret 2017, tanggal 1, 2016 - September 13, 2016, February 1, 2017 - March 13, 2017,
1 Agustus 2017 - 13 September 2017, tanggal 1 Februari 2018 - 15 August 1, 2017 - September 13, 2017, February 1, 2018 - March 15,
Maret 2018, tanggal 1 Agustus 2018 - 14 September 2018, tanggal 1 2018, August 1, 2018 - September 14, 2018, February 1, 2019 -
Februari 2019 - 18 Maret 2019, dan tanggal 1 Agustus 2019 - 11 March 18, 2019, 2019 - September 11, 2019, and February 3, 2020 -
September 2019 dengan harga Rp450 per saham dan jumlah lembar March 16, 2020 at Rp450 per share with the total number of shares
saham yang dibeli oleh peserta yang memiliki hak opsi (MESOP) purchased by participants is 31,774,500 shares, or 100% of
sebanyak 31.774.500 lembar saham atau 100% dari 31.774.500 hak 31,774,500 shares option rights granted in Phase I with a total
opsi saham yang diberikan pada Tahap I dengan jumlah nominal nominal amount of Rp14,298,525,000 (full Rupiah).
sebesar Rp14.298.525.000 (Rupiah penuh).
Program MESOP Tahap II telah dilaksanakan tanggal 1 Agustus 2017 - The MESOP Program Phase II has been implemented from August
13 November 2017, dan tanggal 1 Februari 2018 - 15 Maret 2018, 1, 2017 - September 13, 2017, February 1, 2018- March 15, 2018,
tanggal 1 Agustus 2018 - 14 September 2018, tanggal 1 Februari August 1, 2018 - September 14, 2018, February 1, 2019 - March 18,
2019 - 18 Maret 2019, tanggal 1 Agustus 2019 - 11 September 2019, 2019, August 1, 2019 - September 11, 2019, and February 3, 2020 -
dan tanggal 3 Februari 2020 - 16 Maret 2020 dengan harga Rp409 March 16, 2020 at Rp 409 per share, with the total number of shares
per saham dan jumlah lembar saham yang dibeli oleh peserta yang purchased by participants is 31,774,500 shares or 100% of
memiliki hak opsi (MESOP) sebanyak 31.774.500 lembar saham atau 31,774,500 shares option rights granted in Phase II with a total
100% dari 31.774.500 hak opsi saham yang diberikan pada Tahap II nominal amount of Rp 12,995,770,500 (full Rupiah).
dengan jumlah nominal sebesar Rp12.995.770.500 (Rupiah penuh).
Program MESOP Tahap III telah dilaksanakan tanggal 1 Agustus 2018 The MESOP Program Phase III has been implemented from August
- 14 September 2018, tanggal 1 Februari 2019 - 18 Maret 2019, 1, 2018 - September 14, 2018, February 1, 2019 - March 18, 2019,
tanggal 1 Agustus 2019 - 11 September 2019, dan tanggal 3 Februari August 1, 2019 - September 11, 2019, and February 3, 2020 -
2020 - 16 Maret 2020 dengan harga Rp599 per saham dan jumlah March 16, 2020 at Rp599 per share, with the total number of shares
lembar saham yang dibeli oleh peserta yang memiliki hak opsi purchased by participants is 34.264.100 shares or 80,88% of
(MESOP) sebanyak 34.264.100 lembar saham atau 80,88% dari 42,366,000 shares option rights granted in Phase III with a total
42.366.000 hak opsi saham yang diberikan pada Tahap III dengan nominal amount of Rp20,524,195,900 (full Rupiah).
jumlah nominal sebesar Rp20.524.195.900 (Rupiah penuh).
32. PENDAPATAN BUNGA DAN SYARIAH 32. INTEREST AND SHARIA INCOME
2025 2024
Pihak berelasi (Catatan 45) Related parties (Note 45)
Kredit yang diberikan 9.871 5.820 Loans
Margin dan pendapatan bagi hasil 1.621 695 Margin and profit-sharing revenue
Pihak ketiga Third parties
Kredit yang diberikan 6.732.384 6.030.856 Loans
Margin dan pendapatan bagi hasil 1.402.590 190.656 Margin and profit-sharing revenue
Penempatan pada Bank Indonesia dan bank lain 1.279.519 1.589.237 Placements with Bank Indonesia and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 560.641 424.913 Amortised cost
Provisi 130.513 96.953 Provision
Sertifikat Bank Indonesia 64.990 23.298 Certificates of Bank Indonesia
Lainnya 109.179 19.381 Others
Jumlah 10.291.308 8.381.809 Total
33. BEBAN BUNGA DAN SYARIAH 33. INTEREST AND SHARIA EXPENSE
2025 2024
Pihak berelasi (Catatan 45) Related parties (Note 45)
Deposito berjangka 309.097 316.640 Time deposits
Giro 117.614 159.816 Current accounts
Tabungan 658 869 Savings accounts
427.369 477.325
Pihak ketiga Third parties
Deposito berjangka 1.677.163 1.534.848 Time deposits
Tabungan 369.108 331.309 Savings accounts
Pinjaman yang diterima 186.043 15.130 Borrowings
Liabilitas surat berharga yang dijual Liabilities of marketable securities
dengan janji dibeli kembali 182.405 190.338 sold under repurchase agreement
Giro 118.532 22.480 Current accounts
Bank lain 76.136 81.048 Other banks
Obligasi 33.078 - Bond
Kredit 3.716 3.665 Loans
Surat berharga 1.120 68 Marketable securities
2.647.301 2.178.886
Jumlah 3.074.670 2.656.211 Total
122
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
34. PENDAPATAN OPERASIONAL LAINNYA 34. OTHER OPERATING INCOME
2025 2024
Penerimaan klaim asuransi 318.801 193.298 Collection of insurance claim
Current accounts, savings and deposits
Administrasi giro, tabungan dan deposito 226.599 212.487 administration fees
Penerimaan kembali kredit hapus buku 178.483 156.285 Collection of loans written-off
Penerimaan fee ATM 102.123 93.581 Collection of ATM fees
Provisi dan komisi selain dari kredit yang diberikan 92.500 47.618 Fees and commissions from other than loans
Administrasi kredit 28.126 28.643 Loan administration fees
Lainnya 128.520 100.326 Others
Jumlah 1.075.152 832.238 Total
35. PENYISIHAN (PEMULIHAN) KERUGIAN PENURUNAN NILAI ATAS 35. PROVISION (RECOVERY) FOR IMPAIRMENT LOSSES ON
ASET KEUANGAN FINANCIAL ASSETS
2025 2024
Kredit yang diberikan 1.949.222 1.273.194 Loans
Aset keuangan lainnya Other financial assets
Penempatan pada Bank Indonesia dan bank lain (898) (3.748) Placements with Bank Indonesia and other banks
Giro pada bank lain (104) (800) Current accounts with other banks
Surat berharga (2.799) 831 Marketable securities
Estimasi kerugian komitmen dan kontinjensi 3.823 (2.229) Estimated losses on commitments and
Tagihan lainnya (65) 20.347 Other receivables
Jumlah 1.949.179 1.287.595 Total
36. BEBAN TENAGA KERJA DAN TUNJANGAN KARYAWAN 36. SALARIES AND EMPLOYEE BENEFITS EXPENSES
2025 2024
Gaji pegawai 660.576 583.757 Employee salaries
Tambahan penghasilan pegawai 462.625 275.731 Additional income for employees
Bonus pegawai 378.635 316.552 Employee bonuses
Tunjangan pajak penghasilan pegawai 151.147 135.955 Tax allowances - employees salaries
Asuransi dan iuran dana pensiun 119.985 110.185 Insurance and pension fund contributions
Imbalan kerja (Catatan 44) 107.446 64.133 Employee benefit (Note 44)
Pendidikan dan pelatihan 99.224 153.228 Education and training
Pengobatan 46.458 46.478 Medical
Gaji Direksi 17.458 14.090 Directors' salaries
Honorarium Dewan Komisaris 16.887 8.203 Commissioners honoraria
Rekreasi dan olahraga 10.481 9.349 Recreation and sport
Tambahan penghasilan Direksi 10.100 6.369 Additional compensation for Directors
Perumahan Direksi 2.486 2.331 Housing for Directors
Tambahan penghasilan Komisaris 1.805 1.810 Additional compensation for Commisioner
Lainnya 102.080 16.891 Others
Jumlah 2.187.393 1.745.062 Total
123
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
37. BEBAN UMUM DAN ADMINISTRASI 37. GENERAL AND ADMINISTRATIVE EXPENSES
2025 2024
Premi asuransi pertanggungan lainnya 253.287 252.221 Other insurance premiums
Jasa otomasi 214.264 183.165 Automation services
Penyusutan aset tetap dan aset hak guna (Catatan 16) 183.481 139.278 Depreciation of fixed assets and right of use assets (Note 16)
Alih daya 158.100 146.579 Outsourcing
Promosi 120.742 140.785 Promotion
Sewa 112.937 94.087 Rental
Amortisasi beban ditangguhkan 93.595 116.220 Amortization of deferred charges
Perjalanan dinas 81.413 64.600 Official / business travel
Pemeliharaan 78.780 69.753 Maintenance
Pengawasan, pemeriksaan dan jasa tenaga ahli 77.528 54.030 Supervision, audit, and professional services
Alat tulis dan barang cetak 74.062 61.344 Stationery and printed materials
Listrik, air dan telekomunikasi 50.539 43.540 Eletrical, water and telecommunications
Pajak lainnya 41.842 28.621 Other taxes
Sumbangan 25.592 27.413 Donations
Tanggung jawab sosial dan lingkungan 20.092 17.192 Social and environment responsibility
Keamanan 11.645 8.957 Security
Amortisasi aset takberwujud (Catatan 17) 7.998 13.190 Amortization of intangible assets (Note 17)
Surat dinas 5.594 5.002 Mail service
Penagihan 4.372 4.852 Collection
Pajak Bumi dan Bangunan (PBB) 1.652 1.190 Land and building tax (PBB)
Pajak reklame 1.494 1.635 Advertising tax
Pajak kendaraan bermotor 896 734 Motor vehicle tax
Koran dan majalah 595 440 Newspaper and magazine
Bursa Efek 352 278 Stock Exchange
Pajak penghasilan 104 96 Income tax
Lainnya 37.123 24.474 Others
Jumlah 1.658.079 1.499.676 Total
38. BEBAN LAINNYA 38. OTHER EXPENSES
2025 2024
Tanda mata, hadiah dan umum 122.912 127.152 Souvenirs, gifts, and general
Kliring dan transfer 52.563 54.616 Clearing and transfers
Rapat dan jamuan tamu 40.332 31.708 Meetings and entertainment
Penelitian dan pengembangan 12.392 6.325 Research and development
Kegiatan keagamaan 5.814 5.249 Religious activities
Provisi, komisi dan fee 456 40 Provision, commision and fee
Lain-lain 222.673 143.412 Others
Jumlah 457.142 368.502 Total
Beban lainnya pada tahun 2025 dan 2024 terutama berasal dari Others expense in 2025 and 2024 mainly stemmed from internal
peristiwa multifungsi internal. Pada bulan April 2025 dan Juni 2024, multifunctional events. In April 2025 and June 2024, the Group
Grup mendeteksi adanya insiden siber pada layanan BI-FAST dan detected a cyber incident on the BI-FAST and RTOL services, which
RTOL yang menyebabkan terganggunya layanan yang menimbulkan caused service disruptions that resulted in losses for the Group.
kerugian bagi Grup. Grup telah melakukan perbaikan pada sistem dan However, the Group has made improvements to its systems and
meningkatkan keamanan siber agar tidak terjadi lagi. Atas kejadian ini, enhanced cybersecurity to prevent this from happening again. Due
tidak terdapat dampak terhadap dana nasabah. to this incident, there no impact on customer funds.
124
Page 775
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
39. PENDAPATAN NON-OPERASIONAL 39. NON-OPERATING INCOME
2025 2024
Keuntungan transaksi derivatif - bersih 13.121 10.241 Gain on derivative - net
Fee jasa pelayanan pajak 7.051 7.563 Tax service fees
Keuntungan selisih kurs 4.315 695 Gain on foreign exchange
Keuntungan atas penjualan aset tetap 441 1.470 Gain on sale of fixed assets - net
Lainnya 104.966 51.273 Others
Jumlah 129.894 71.242 Total
40. BEBAN NON-OPERASIONAL 40. NON-OPERATING EXPENSE
Pada tanggal 31 Desember 2025 dan 2024, saldo beban non- As of December 31, 2025 and 2024, the balance of non-operating
operasional lainnya masing-masing sebesar Rp77.248 dan Rp45.526. expense amounted Rp77,248 and Rp45,526, respectively.
41. LABA PER SAHAM DASAR DIATRIBUSIKAN KEPADA PEMILIK 41. BASIC EARNINGS PER SHARE ATTRIBUTABLE TO EQUITY
ENTITAS INDUK HOLDERS OF THE PARENT ENTITY
Laba tahun berjalan per saham dasar dihitung dengan membagi laba Basic earnings per share is computed by dividing income for the
tahun berjalan diatribusikan kepada pemilik entitas induk dengan rata- year attributable to owners of the parent entity by the weighted
rata tertimbang jumlah lembar saham biasa yang beredar pada tahun average number of outstanding common shares during the related
bersangkutan. year.
2025 2024
Laba tahun berjalan yang dapat Income for the year attributable
diatribusikan kepada pemilik entitas induk 1.545.518 1.281.718 to owners of the parent entity
Rata-rata tertimbang Weighted average
jumlah lembar saham biasa number of outstanding ordinary
yang beredar (dalam Rupiah penuh) 15.015.498.082 15.015.498.082 shares (in full Rupiah amount)
Laba per saham Earning per share attributable to
dasar diatribusikan kepada pemilik 102,93 85,36 equity holders of parent entity
entitas induk (dalam Rupiah) (in full Rupiah amount)
42. KOMBINASI BISNIS 42. BUSINESS COMBINATION
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
("NTBS") ("NTBS")
Pada tanggal 27 Februari 2023, Bank telah menandatangani nota On February 27, 2023, the Bank signed a memorandum of
kesepahaman dengan PT Pembangunan Daerah Nusa Tenggara understanding with PT Pembangunan Daerah Nusa Tenggara Barat
Barat Syariah dalam rangka pemenuhan peraturan Otoritas Jasa Syariah in order to fulfill the Financial Services Authority regulation
Keuangan No.12/POJK.03/2020, dimana dalam tahap awal No.12/POJK.03/2020, where in the initial stage the capital
penyertaan modal disepakati berkisar Rp50.000 sampai dengan participation was agreed to range from Rp50,000 to Rp100,000.
Rp100.000.
Pada tanggal 8 Mei 2024, Bank telah menandatangani perjanjian antar On May 8, 2024, the Bank signed an inter-shareholder agreement
pemegang saham oleh dan antara Pemerintah Provinsi Nusa by and between the Government of West Nusa Tenggara Province
Tenggara Barat dengan Bank No.500/85/EKON-III/2024 dan and the Bank No.500/85/EKON-III/2024 and 063/043/DIR/NES/SHA.
063/043/DIR/NES/SHA. Perjanjian ini mengatur kewenangan Bank This agreement regulates the Bank's authority in determining the
dalam menetapkan kebijakan strategis perseroan. Selain itu company's strategic policies. In addition, the West Nusa Tenggara
Pemerintah Provinsi Nusa Tenggara Barat juga sepakat untuk Province Government also agreed to consolidate the financial
mengkonsolidasikan laporan keuangan NTBS dalam laporan statements of NTBS in the Bank's financial statements.
keuangan Bank.
Berdasarkan Surat Keputusan dari Anggota Dewan Komisioner OJK Based on the Decision Letter from the OJK Board of Commissioners
No.KEP-76/D.03/2024 tanggal 2 Oktober 2024 tentang hasil penilaian No.KEP-76/D.03/2024 dated October 2, 2024 regarding the results
kemampuan dan kepatutan Bank sebagai calon pemegang saham of the fit and proper assessment of the Bank as a candidate for
pengendali dan Pemerintan Provinsi Jawa Timur sebagai calon controlling shareholder and the East Java Province Government as
ultimate shareholder NTBS, bahwa OJK menyetujui Bank sebagai a candidate for ultimate shareholder of NTBS, that OJK approved
calon pemegang saham pengendali dan Pemerintah Provinsi Jawa the Bank as a candidate for controlling shareholder and the East
Timur sebagai calon ultimate shareholder NTBS. Java Province Government as a candidate for ultimate shareholder
of NTBS.
125
Page 776
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
("NTBS") (lanjutan) ("NTBS") (continued)
Pada Bulan Oktober 2024, Bank telah melakukan efektif penyertaan In October 2024, the Bank has effectively invested in NTBS in the
modal kepada NTBS sebesar Rp100.000.000.000 (nilai penuh) untuk amount of Rp100,000,000,000 (full amount) for 3,921,568 shares
sejumlah 3.921.568 lembar saham (Seri A) yang dicatat pada NTBS (Series A) which were recorded in NTBS at the nominal value in
sebesar nilai nominal pada modal saham Rp39.215.680.000 dan share capital of Rp39,215,680,000 and as agio shares of
sebagai agio saham sebesar Rp60.784.320.000 atau setara 4,09% Rp60,784,320,000 or equivalent to 4.09% of the total paid-up capital
dari jumlah modal disetor NTBS. Penyertaan modal ini telah of NTBS. This capital participation has been approved by the
mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK) melalui Financial Services Authority (OJK) through letter No.S-
surat No.S-472/KO.1801/2024 tanggal 9 Oktober 2024. 472/KO.1801/2024 dated October 9, 2024.
Setelah NTBS efektif tergabung dalam Kelompok Usaha Bank After NTBS incorporated in the Bank Business Group ("KUB"), Bank
("KUB"), Bank memiliki pengendalian atas NTBS walaupun has control over NTBS although the share ownership is only 4.09%
kepemilikan saham hanya sebesar 4,09% karena berdasarkan because based on the agreement between the controlling
perjanjian antara pemegang saham pengendali, Bank memiliki shareholders, the Bank has the authority to regulate and determine
kewenangan untuk mengatur dan menetapkan hal-hal strategis yang strategic matters relating to the financial and operational policies of
berkaitan dengan kebijakan keuangan dan operasional NTBS yang NTBS which have been agreed by all shareholders of NTBS.
telah disepakati oleh seluruh pemegang saham NTBS.
Tabel berikut ini merupakan rekonsiliasi arus kas yang dibayarkan dan The following table is a reconciliation of the cash flows paid and
diperoleh dalam transaksi pembentukan KUB dengan NTBS: received in the transaction of forming the KUB with NTBS:
23 Oktober/
October 23,
2024
Imbalan kas yang dibayar 100.000 Cash consideration paid
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other banks
- Kas 365.658 Cash -
- Penempatan pada Bank Indonesia dan bank lain 760.603 Placements with Bank Indonesia and other banks -
Imbalan, jumlah aset yang diperoleh, dan liabilitas yang diambil alih, Consideration, total acquired assets and liabilities assumed and the
dan goodwill terkait pada tanggal akuisisi menggunakan jumlah related goodwill at the acquisition date under the provisional
sementara adalah sebagai berikut: amounts were as follows:
23 Oktober/
October 23,
2024
Imbalan kas yang dibayar 100.000 Cash consideration paid
Nilai wajar dari aset teridentifikasi yang diperoleh Fair value of identifiable assets acquired
dan liabilitas yang diambil alih (81.516) and liabilities assumed
Penyesuaian: Adjustments:
Merek dagang (5.586) Trademarks
Goodwill 12.898 Goodwill
Untuk mendapatkan substansi transaksi berdasarkan PSAK 103 In order to gain the substance of the transaction based on PSAK
“Kombinasi Bisnis”, nilai wajar merek dagang diukur berdasarkan 103 “Business Combinations”, fair value of trademarks were
penilaian yang dilakukan oleh KJPP Kusnanto & Rekan dengan measured based on the valuation performed by KJPP Kusnanto &
Nomor Surat Tanda Terdaftar STTD.PB-01/PJ-1/PM.223/2023 Rekan, with Registered Letter Number STTD.PB-01/PJ-
berdasarkan laporannya tanggal 19 Maret 2025. 1/PM.223/2023 based on their report dated March 19, 2025.
126
Page 777
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
("NTBS") (lanjutan) ("NTBS") (continued)
23 Oktober/
October 23,
2024
ASET ASSETS
Kas 365.658 Cash
Giro dan penempatan pada Bank Indonesia 760.116 Placements with Bank Indonesia and other bank
Giro pada bank lain 487 Current account with other banks
Surat berharga - bersih 2.729.941 Marketable securities - net
Piutang murabahah - bersih 1.866.597 Murabahah receivables - net
Pembiayaan musyarakah - bersih 9.279.884 Musyarakah receivables - net
Pinjaman qardh 189 Funds of qardh
Penyertaan saham 2.568 Investment in shares
Aset yang diperoleh untuk ijarah - bersih 808 Assets acquired from ijarah - net
Cadangan kerugian penurunan nilai (111.603) Allowance for impairment losses
Aset tetap - bersih 653.420 Fixed assets - net
Aset hak guna 26.745 Right-of-use assets
Aset takberwujud - bersih 20 Intangible assets - net
Pajak dibayar di muka 49.057 Prepaid taxes
Aset pajak tangguhan 25.618 Deferred taxes
Aset lain-lain 127.654 Other assets
Jumlah aset 15.777.159 Total assets
LIABILITAS LIABILITIES
Liabilitas segera 37.999 Obligations due immediately
Bagi hasil yang belum dibagikan 15.859 Undistributed revenue sharing
Simpanan wadiah - giro wadiah 44.236 Wadiah deposits - wadiah current deposits
Simpanan wadiah - tabungan wadiah 146.518 Wadiah deposits - wadiah savings
Kewajiban pada bank lain 5.921 Obligation to other banks
Surat berharga yang diterbitkan 2.389 Securities issued
Pinjaman yang diterima 1.160.977 Borrowings
Utang pajak 729 Taxes payable
Liabilitas imbalan pasca kerja 71.343 Post employment benefits
Liabilitas lain-lain 229.696 Other liabilities
Jumlah liabilitas 1.715.667 Total liabilities
Syirkah temporer dari bukan bank - deposito mudharabah 6.507.510 Non-banks temporary syirkah - mudharabah deposits
Syirkah temporer dari bukan bank - tabungan mudharabah 3.169.359 Non-banks temporary syirkah - mudharabah savings
Syirkah temporer dari bukan bank - giro mudharabah 2.280.770 Non-banks temporary syirkah - mudharabah current accounts
Syirkah temporer dari bank - deposito mudharabah 4.500 Banks temporary syirkah - mudharabah deposits
Syirkah temporer dari bank - tabungan mudharabah 108.719 Banks temporary syirkah - mudharabah savings
Jumlah syirkah dana temporer 12.070.858 Total temporary syirkah
Jumlah aset bersih yang teridentifikasi 1.990.634 Total identifiable net assets
Kepentingan non-pengendali (1.909.118) Non-controlling interest
Merek dagang 5.585 Trademarks
Goodwill 12.898 Goodwill
Imbalan kas yang dibayar 100.000 Cash consideration paid
Pendapatan NTBS yang termasuk di dalam laporan laba rugi sejak 23 The revenue included in the profit or loss since October 23, 2024
Oktober 2024 sebesar Rp288.167. NTBS juga memberikan kontribusi contributed by NTBS was Rp288,167. NTBS also contributed a profit
laba sebesar Rp14.702 selama periode yang sama. of Rp14,702 over the same period.
Jika NTBS dikonsolidasi sejak 1 Januari 2024, maka laba rugi akan Had Bank NTBS been consolidated from January 1, 2024, the profit
menunjukkan tambahan pendapatan sebesar Rp1.494.862 dan jumlah or loss would increase revenue of Rp1,494,862 and total profit of
laba sebesar Rp215.869. Rp215,869.
Pembentukan KUB dengan NTBS telah dilakukan sesuai dengan The formation of the KUB with NTBS has been carried out in
peraturan yang dikeluarkan oleh OJK. accordance with the regulations issued by OJK.
Pada tanggal 31 Desember 2025, Manajemen berpendapat tidak On December 31, 2025, management believes there are no
terdapat indikasi penurunan nilai terhadap goodwill dari transaksi indications of impairment of goodwill from the transaction of forming
pembentukan KUB dengan NTBS. the KUB with NTBS.
127
Page 778
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT") PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT")
Pada tanggal 5 November 2024, Bank telah menandatangani nota On November 5, 2024, the Bank signed a memorandum of
kesepahaman dengan PT Pembangunan Daerah Nusa Tenggara understanding with PT Pembangunan Daerah Nusa Tenggara Timur
Timur dalam rangka pemenuhan peraturan Otoritas Jasa Keuangan in order to fulfill the Financial Services Authority regulation
No.12/POJK.03/2020, dimana dalam tahap awal penyertaan modal No.12/POJK.03/2020, where in the initial stage the capital
disepakati berkisar Rp50.000 sampai dengan Rp100.000. participation was agreed to range from Rp50,000 to Rp100,000.
Pada tanggal 16 Desember 2024, Bank telah menandatangani On December 16, 2024, the Bank signed an inter-shareholder
perjanjian antar pemegang saham oleh dan antara Pemerintah agreement by and between the Government of East Nusa Tenggara
Provinsi Nusa Tenggara Timur dengan Bank Province and the Bank No.100.2.2.7/42/PEMKES.I/2024 and
No.100.2.2.7/42/PEMKES.I/2024 dan 063/145/DIR/NES/SHA. 063/145/DIR/NES/SHA. This agreement regulates the Bank's
Perjanjian ini mengatur kewenangan Bank dalam menetapkan authority in determining the company's strategic policies. In addition,
kebijakan strategis perseroan. Selain itu Pemerintah Provinsi Nusa the East Nusa Tenggara Province Government also agreed to
Tenggara Timur juga sepakat untuk mengkonsolidasikan laporan consolidate the financial statements of BNTT in the Bank's financial
keuangan BNTT dalam laporan keuangan Bank. statements.
Berdasarkan Surat Keputusan dari Anggota Dewan Komisioner OJK Based on the Decision Letter from the OJK Board of Commissioners
No.KEPR-230/D.03/2025 tanggal 28 November 2025 tentang hasil No.KEPR-230/D.03/2025 dated November 28, 2025 regarding the
penilaian kemampuan dan kepatutan Bank sebagai calon pemegang results of the fit and proper assessment of the Bank as a candidate
saham pengendali dan Pemerintan Provinsi Jawa Timur sebagai calon for controlling shareholder and the East Java Province Government
ultimate shareholder BNTT, bahwa OJK menyetujui Bank sebagai as a candidate for ultimate shareholder of BNTT, that OJK approved
calon pemegang saham pengendali dan Pemerintah Provinsi Jawa the Bank as a candidate for controlling shareholder and the East
Timur sebagai calon ultimate shareholder BNTT. Java Province Government as a candidate for ultimate shareholder
of BNTT.
Pada Bulan Desember 2025, Bank telah melakukan efektif penyertaan In October 2024, the Bank has effectively invested in BNTT in the
modal kepada BNTT sebesar Rp100.000.000.000 (nilai penuh) untuk amount of Rp100,000,000,000 (full amount) for 7,142,857 shares
sejumlah 7.142.857 lembar saham (Seri A) yang dicatat pada BNTT (Series A) which were recorded in BNTT at the nominal value in
sebesar nilai nominal pada modal saham Rp71.428.570.000 dan share capital of Rp71,428,570,000 and as agio shares of
sebagai agio saham sebesar Rp28.571.430.000 atau setara 3,23% Rp28,571,430,000 or equivalent to 3.23% of the total paid-up capital
dari jumlah modal disetor BNTT. Penyertaan modal ini telah of BNTT. This capital participation has been approved by the
mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK) melalui Financial Services Authority (OJK) through letter No.S-
surat No.S-228/KO.14/2025 tanggal 14 Desember 2025. 228/KO.14/2025 dated December 14, 2025.
Tabel berikut ini merupakan rekonsiliasi arus kas yang dibayarkan dan The following table is a reconciliation of the cash flows paid and
diperoleh dalam transaksi pembentukan KUB dengan BNTT: received in the transaction of forming the KUB with BNTT:
14 Desember/
December 14,
2025
Imbalan kas yang dibayar 100.000 Cash consideration paid
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other banks
- Kas 375.800 Cash -
- Penempatan pada Bank Indonesia dan bank lain 1.844.850 Placements with Bank Indonesia and other banks -
Imbalan, jumlah aset yang diperoleh, dan liabilitas yang diambil alih, Consideration, total acquired assets and liabilities assumed and the
dan goodwill terkait pada tanggal akuisisi menggunakan jumlah related goodwill at the acquisition date under the provisional
sementara adalah sebagai berikut: amounts were as follows:
14 Desember/
December 14,
2025
Imbalan kas yang dibayar 100.000 Cash consideration paid
Nilai wajar dari aset teridentifikasi yang diperoleh Fair value of identifiable assets acquired
dan liabilitas yang diambil alih (91.230) and liabilities assumed
Penyesuaian: Adjustments:
Merek dagang (4.878) Trademarks
Goodwill 3.892 Goodwill
Untuk mendapatkan substansi transaksi berdasarkan PSAK 103 In order to gain the substance of the transaction based on PSAK
“Kombinasi Bisnis”, nilai wajar merek dagang diukur berdasarkan 103 “Business Combinations”, fair value of trademarks were
penilaian yang dilakukan oleh KJPP Kusnanto & Rekan dengan measured based on the valuation performed by KJPP Kusnanto &
Nomor Surat Tanda Terdaftar STTD.PB-01/PJ-1/PM.223/2023 Rekan, with Registered Letter Number STTD.PB-01/PJ-
berdasarkan laporannya tanggal 26 Maret 2026. 1/PM.223/2023 based on their report dated March 26, 2026.
128
Page 779
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT") PT Bank Pembangunan Daerah Nusa Tenggara Timur ("BNTT")
(lanjutan) (continued)
14 Desember/
December 14,
2025
ASET ASSETS
Kas 375.800 Cash
Giro dan penempatan pada Bank Indonesia 2.423.891 Placements with Bank Indonesia and other bank
Giro pada bank lain 15.848 Current account with other banks
Surat berharga - bersih 1.730.477 Marketable securities - net
Tagihan lainnya 44.147 Other receivables
Aset yang diambil alih - bersih 54.243 Foreclosed assets - net
Kredit yang diberikan 14.036.533 Loans
Cadangan kerugian penurunan nilai (458.759) Allowance for impairment losses
Aset tetap - bersih 196.745 Fixed assets - net
Aset hak guna 43.020 Right-of-use assets
Aset takberwujud - bersih 1.794 Intangible assets - net
Pajak dibayar di muka 46.290 Prepaid taxes
Aset pajak tangguhan 51.468 Deferred taxes
Aset lain-lain 108.928 Other assets
Jumlah aset 18.670.425 Total assets
14 Desember/
December 14,
2025
LIABILITAS LIABILITIES
Liabilitas segera 226.254 Obligations due immediately
Simpanan nasabah - tabungan 3.388.581 Deposits from customers - saving deposits
Simpanan nasabah - giro 4.119.361 Deposits from customers - current account
Simpanan nasabah - deposito 6.861.752 Deposits from customers - time deposits
Simpanan dari bank lain 262.361 Deposits from other banks
Surat berharga yang diterbitkan 37.001 Securities issued
Pinjaman yang diterima 739.078 Borrowings
Utang pajak 1.464 Taxes payable
Liabilitas imbalan pasca kerja 134.309 Post employment benefits
Liabilitas lain-lain 157.649 Other liabilities
Jumlah liabilitas 15.927.810 Total liabilities
Jumlah aset bersih yang teridentifikasi 2.742.615 Total identifiable net assets
Kepentingan non-pengendali (2.651.385) Non-controlling interest
Merek dagang 4.878 Trademarks
Goodwill 3.892 Goodwill
Imbalan kas yang dibayar 100.000 Cash consideration paid
Pendapatan BNTT yang termasuk di dalam laporan laba rugi sejak 14 The revenue included in the profit or loss since December 14, 2025
Desember 2025 sebesar Rp94.977. BNTT juga memberikan kontribusi contributed by BNTT was Rp94,977. BNTT also contributed a profit
laba sebesar Rp16.768 selama periode yang sama. of Rp16,768 over the same period.
Jika BNTT dikonsolidasi sejak 1 Januari 2025, maka laba rugi akan Had BNTT been consolidated from January 1, 2025, the profit or
menunjukkan tambahan pendapatan sebesar Rp1.867.253 dan jumlah loss would increase revenue of Rp1,867,253 and total profit of
laba sebesar Rp92.618. Rp92,618.
Pembentukan KUB dengan BNTT telah dilakukan sesuai dengan The formation of the KUB with BNTT has been carried out in
peraturan yang dikeluarkan oleh OJK. accordance with the regulations issued by OJK.
Pada tanggal 31 Desember 2025, Manajemen berpendapat tidak On December 31, 2025, management believes there are no
terdapat indikasi penurunan nilai terhadap goodwill dari transaksi indications of impairment of goodwill from the transaction of forming
pembentukan KUB dengan BNTT. the KUB with BNTT.
129
Page 780
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR")
Pada tanggal 15 November 2024, Bank telah menandatangani nota On November 15, 2024, the Bank signed a memorandum of
kesepahaman dengan PT Pembangunan Daerah Sulawesi Tenggara understanding with PT Pembangunan Daerah Sulawesi Tenggara in
dalam rangka pemenuhan peraturan Otoritas Jasa Keuangan order to fulfill the Financial Services Authority regulation
No.12/POJK.03/2020, dimana dalam tahap awal penyertaan modal No.12/POJK.03/2020, where in the initial stage the capital
disepakati berkisar Rp50.000 sampai dengan Rp100.000. participation was agreed to range from Rp50,000 to Rp100,000.
Pada tanggal 24 Desember 2024, Bank telah menandatangani On December 24, 2024, the Bank signed an inter-shareholder
perjanjian antar pemegang saham oleh dan antara Pemerintah agreement by and between the Government of Southeast Sulawesi
Provinsi Sulawesi Tenggara dengan Bank No.100.2.3/8034 dan Province and the Bank No.100.2.3/8034 and
063/152/DIR/NES/SHA. Perjanjian ini mengatur kewenangan Bank 063/152/DIR/NES/SHA. This agreement regulates the Bank's
dalam menetapkan kebijakan strategis perseroan. Selain itu authority in determining the company's strategic policies. In addition,
Pemerintah Provinsi Sulawesi Tenggara juga sepakat untuk the Southeast Sulawesi Province Government also agreed to
mengkonsolidasikan laporan keuangan BSTR dalam laporan consolidate the financial statements of BSTR in the Bank's financial
keuangan Bank. statements.
Berdasarkan Surat Keputusan dari Anggota Dewan Komisioner OJK Based on the Decision Letter from the OJK Board of Commissioners
No.KEPR-229/D.03/2025 tanggal 28 November 2025 tentang hasil No.KEPR-229/D.03/2025 dated November 28, 2025 regarding the
penilaian kemampuan dan kepatutan Bank sebagai calon pemegang results of the fit and proper assessment of the Bank as a candidate
saham pengendali dan Pemerintan Provinsi Jawa Timur sebagai calon for controlling shareholder and the East Java Province Government
ultimate shareholder BSTR, bahwa OJK menyetujui Bank sebagai as a candidate for ultimate shareholder of BSTR, that OJK approved
calon pemegang saham pengendali dan Pemerintah Provinsi Jawa the Bank as a candidate for controlling shareholder and the East
Timur sebagai calon ultimate shareholder BSTR. Java Province Government as a candidate for ultimate shareholder
of BSTR.
Pada Bulan Desember 2025, Bank telah melakukan efektif penyertaan In December 2025, the Bank has effectively invested in BSTR in the
modal kepada BSTR sebesar Rp100.000.000.000 (nilai penuh) untuk amount of Rp100,000,000,000 (full amount) for 3,921,568 shares
sejumlah 3.921.568 lembar saham (Seri A) yang dicatat pada BSTR (Series A) which were recorded in BSTR at the nominal value in
sebesar nilai nominal pada modal saham Rp39.215.680.000 dan share capital of Rp39,215,680,000 and as agio shares of
sebagai agio saham sebesar Rp60.784.320.000 atau setara 4,09% Rp60,784,320,000 or equivalent to 4.09% of the total paid-up capital
dari jumlah modal disetor BSTR. Penyertaan modal ini telah of BSTR. This capital participation has been approved by the
mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK) melalui Financial Services Authority (OJK) through letter No.S-
surat No.S-240/KO.14/2025 tanggal 23 Desember 2025. 240/KO.14/2024 dated December 23, 2025.
Tabel berikut ini merupakan rekonsiliasi arus kas yang dibayarkan dan The following table is a reconciliation of the cash flows paid and
diperoleh dalam transaksi pembentukan KUB dengan BSTR: received in the transaction of forming the KUB with BSTR:
23 Desember/
December 23,
2025
Imbalan kas yang dibayar 100.000 Cash consideration paid
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other banks
- Kas 318.271 Cash -
- Penempatan pada Bank Indonesia dan bank lain 1.620.681 Placements with Bank Indonesia and other banks -
Imbalan, jumlah aset yang diperoleh, dan liabilitas yang diambil alih, Consideration, total acquired assets and liabilities assumed and the
dan goodwill terkait pada tanggal akuisisi menggunakan jumlah related goodwill at the acquisition date under the provisional
sementara adalah sebagai berikut: amounts were as follows:
23 Desember/
December 23,
2025
Imbalan kas yang dibayar 100.000 Cash consideration paid
Nilai wajar dari aset teridentifikasi yang diperoleh Fair value of identifiable assets acquired
dan liabilitas yang diambil alih (78.145) and liabilities assumed
Penyesuaian: Adjustments:
Goodwill 21.855 Goodwill
Untuk mendapatkan substansi transaksi berdasarkan PSAK 103 In order to gain the substance of the transaction based on PSAK
“Kombinasi Bisnis”, nilai wajar merek dagang diukur berdasarkan 103 “Business Combinations”, fair value of trademarks were
penilaian yang dilakukan oleh KJPP Kusnanto & Rekan dengan measured based on the valuation performed by KJPP Kusnanto &
Nomor Surat Tanda Terdaftar STTD.PB-01/PJ-1/PM.223/2023 Rekan, with Registered Letter Number STTD.PB-01/PJ-
berdasarkan laporannya tanggal 26 Maret 2026. 1/PM.223/2023 based on their report dated March 26, 2026.
130
Page 781
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR") PT Bank Pembangunan Daerah Sulawesi Tenggara ("BSTR")
(lanjutan) (continued)
23 Desember/
December 23,
2025
ASET ASSETS
Kas 318.271 Cash
Giro dan penempatan pada Bank Indonesia 874.241 Placements with Bank Indonesia and other bank
Giro pada bank lain 418 Current account with other banks
Surat berharga - bersih 1.365.681 Marketable securities - net
Tagihan lainnya 21.585 Other receivables
Kredit yang diberikan 9.567.896 Loans
Cadangan kerugian penurunan nilai (118.947) Allowance for impairment losses
Aset tetap - bersih 351.900 Fixed assets - net
Aset hak guna 978 Right-of-use assets
Aset takberwujud - bersih 92 Intangible assets - net
Pajak dibayar di muka 99.963 Prepaid taxes
Aset pajak tangguhan 2.031 Deferred taxes
Aset lain-lain 36.878 Other assets
Jumlah aset 12.520.987 Total assets
23 Desember/
December 23,
2025
LIABILITAS LIABILITIES
Liabilitas segera 144.075 Obligations due immediately
Simpanan nasabah - tabungan 3.164.709 Deposits from customers - saving deposits
Simpanan nasabah - giro 2.000.689 Deposits from customers - current account
Simpanan nasabah - deposito 4.414.285 Deposits from customers - time deposits
Simpanan dari bank lain 336.577 Deposits from other banks
Pinjaman yang diterima 62.812 Borrowings
Utang pajak 1.172 Taxes payable
Liabilitas imbalan pasca kerja 21.238 Post employment benefits
Liabilitas lain-lain 178.574 Other liabilities
Jumlah liabilitas 10.324.131 Total liabilities
Jumlah aset bersih yang teridentifikasi 2.196.856 Total identifiable net assets
Kepentingan non-pengendali (2.118.711) Non-controlling interest
Goodwill 21.855 Goodwill
Imbalan kas yang dibayar 100.000 Cash consideration paid
Pendapatan BSTR yang termasuk di dalam laporan laba rugi sejak 23 The revenue included in the profit or loss since December 23, 2025
Desember 2025 sebesar Rp82.860. BSTR juga memberikan contributed by BSTR was Rp82,860. BSTR also contributed a profit
kontribusi laba sebesar Rp41.680 selama periode yang sama. of Rp41,680 over the same period.
Jika BSTR dikonsolidasi sejak 1 Januari 2025, maka laba rugi akan Had BSTR been consolidated from January 1, 2025, the profit or
menunjukkan tambahan pendapatan sebesar Rp1.412.093 dan jumlah loss would increase revenue of Rp1,412,093 and total profit of
laba sebesar Rp419.568 . Rp419,568.
Pembentukan KUB dengan BSTR telah dilakukan sesuai dengan The formation of the KUB with BSTR has been carried out in
peraturan yang dikeluarkan oleh OJK. accordance with the regulations issued by OJK.
Pada tanggal 31 Desember 2025, Manajemen berpendapat tidak On December 31, 2025, management believes there are no
terdapat indikasi penurunan nilai terhadap goodwill dari transaksi indications of impairment of goodwill from the transaction of forming
pembentukan KUB dengan BSTR. the KUB with BSTR.
131
Page 782
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Lampung ("BLAM") PT Bank Pembangunan Daerah Lampung ("BLAM")
Pada tanggal 30 November 2023, Bank telah menandatangani nota On November 30, 2023, the Bank signed a memorandum of
kesepahaman dengan PT Pembangunan Daerah Lampung dalam understanding with PT Pembangunan Daerah Lampung in order to
rangka pemenuhan peraturan Otoritas Jasa Keuangan fulfill the Financial Services Authority regulation
No.12/POJK.03/2020, dimana dalam tahap awal penyertaan modal No.12/POJK.03/2020, where in the initial stage the capital
disepakati berkisar Rp50.000 sampai dengan Rp100.000. participation was agreed to range from Rp50,000 to Rp100,000.
Pada tanggal 8 November 2024, Bank telah menandatangani On November 8, 2024, the Bank signed an inter-shareholder
perjanjian antar pemegang saham oleh dan antara Pemerintah agreement by and between the Government of Lampung Province
Provinsi Lampung dengan Bank No.G/763/B.04/HK/2024 dan and the Bank No.G/763/B.04/HK/2024 dan 063/124/DIR/NES/SHA.
063/124/DIR/NES/SHA. Perjanjian ini mengatur kewenangan Bank This agreement regulates the Bank's authority in determining the
dalam menetapkan kebijakan strategis perseroan. Selain itu company's strategic policies. In addition, the Lampung Province
Pemerintah Provinsi Lampung juga sepakat untuk Government also agreed to consolidate the financial statements of
mengkonsolidasikan laporan keuangan BLAM dalam laporan BLAM in the Bank's financial statements.
keuangan Bank.
Berdasarkan Surat Keputusan dari Anggota Dewan Komisioner OJK Based on the Decision Letter from the OJK Board of Commissioners
No.KEPR-228/D.03/2025 tanggal 28 November 2025 tentang hasil No.KEPR-228/D.03/2025 dated November 28, 2025 regarding the
penilaian kemampuan dan kepatutan Bank sebagai calon pemegang results of the fit and proper assessment of the Bank as a candidate
saham pengendali dan Pemerintan Provinsi Jawa Timur sebagai calon for controlling shareholder and the East Java Province Government
ultimate shareholder BLAM, bahwa OJK menyetujui Bank sebagai as a candidate for ultimate shareholder of BLAM, that OJK approved
calon pemegang saham pengendali dan Pemerintah Provinsi Jawa the Bank as a candidate for controlling shareholder and the East
Timur sebagai calon ultimate shareholder BLAM. Java Province Government as a candidate for ultimate shareholder
of BLAM.
Pada Bulan Desember 2025, Bank telah melakukan efektif penyertaan In December 2025, the Bank has effectively invested in BLAM in the
modal kepada BLAM sebesar Rp100.000.000.000 (nilai penuh) untuk amount of Rp100,000,000,000 (full amount) for 2,537,684 shares
sejumlah 2.537.684 lembar saham (Seri A) yang dicatat pada BLAM (Series A) which were recorded in BLAM at the nominal value in
sebesar nilai nominal pada modal saham Rp25.376.840.000 dan share capital of Rp25,376,840,000 and as agio shares of
sebagai agio saham sebesar Rp74.623.160.000 atau setara 5,42% Rp74,623,160,000 or equivalent to 5.42% of the total paid-up capital
dari jumlah modal disetor BLAM. Penyertaan modal ini telah of BLAM. This capital participation has been approved by the
mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK) melalui Financial Services Authority (OJK) through letter No.S-
surat No.S-241/KO.14/2025 tanggal 24 Desember 2025. 241/KO.14/2025 dated December 24, 2025.
Tabel berikut ini merupakan rekonsiliasi arus kas yang dibayarkan dan The following table is a reconciliation of the cash flows paid and
diperoleh dalam transaksi pembentukan KUB dengan BLAM: received in the transaction of forming the KUB with BLAM:
24 Desember/
December 24,
2025
Imbalan kas yang dibayar 100.000 Cash consideration paid
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other banks
- Kas 207.785 Cash -
- Penempatan pada Bank Indonesia dan bank lain 1.204.118 Placements with Bank Indonesia and other banks -
Imbalan, jumlah aset yang diperoleh, dan liabilitas yang diambil alih, Consideration, total acquired assets and liabilities assumed and the
dan goodwill terkait pada tanggal akuisisi menggunakan jumlah related goodwill at the acquisition date under the provisional
sementara adalah sebagai berikut: amounts were as follows:
24 Desember/
December 24,
2025
Imbalan kas yang dibayar 100.000 Cash consideration paid
Nilai wajar dari aset teridentifikasi yang diperoleh Fair value of identifiable assets acquired
dan liabilitas yang diambil alih (94.391) and liabilities assumed
Penyesuaian: Adjustments:
Merek dagang (5.022) Trademarks
Goodwill 587 Goodwill
Untuk mendapatkan substansi transaksi berdasarkan PSAK 103 In order to gain the substance of the transaction based on PSAK
“Kombinasi Bisnis”, nilai wajar merek dagang diukur berdasarkan 103 “Business Combinations”, fair value of trademarks were
penilaian yang dilakukan oleh KJPP Kusnanto & Rekan dengan measured based on the valuation performed by KJPP Kusnanto &
Nomor Surat Tanda Terdaftar STTD.PB-01/PJ-1/PM.223/2023 Rekan, with Registered Letter Number STTD.PB-01/PJ-
berdasarkan laporannya tanggal 26 Maret 2026. 1/PM.223/2023 based on their report dated March 26, 2026.
132
Page 783
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
PT Bank Pembangunan Daerah Lampung ("BLAM") (lanjutan) PT Bank Pembangunan Daerah Lampung ("BLAM") (continued)
24 Desember/
December 24,
2025
ASET ASSETS
Kas 207.785 Cash
Giro dan penempatan pada Bank Indonesia 1.954.275 Placements with Bank Indonesia and other bank
Giro pada bank lain 217.959 Current account with other banks
Surat berharga - bersih 1.415.534 Marketable securities - net
Tagihan lainnya 80.933 Other receivables
Kredit yang diberikan 7.499.286 Loans
Cadangan kerugian penurunan nilai (135.469) Allowance for impairment losses
Aset tetap - bersih 188.147 Fixed assets - net
Aset hak guna 8.765 Right-of-use assets
Aset takberwujud - bersih 108 Intangible assets - net
Aset pajak tangguhan 27.271 Deferred taxes
Aset lain-lain 70.963 Other assets
Jumlah aset 11.535.557 Total assets
LIABILITAS LIABILITIES
Liabilitas segera 217.552 Obligations due immediately
Simpanan nasabah - tabungan 1.858.612 Deposits from customers - saving deposits
Simpanan nasabah - giro 2.135.173 Deposits from customers - current account
Simpanan nasabah - deposito 4.742.905 Deposits from customers - time deposits
Simpanan dari bank lain 775.209 Deposits from other banks
Liabilitas imbalan pasca kerja 61.590 Post employment benefits
Liabilitas lain-lain 6.389 Other liabilities
Jumlah liabilitas 9.797.430 Total liabilities
Jumlah aset bersih yang teridentifikasi 1.738.127 Total identifiable net assets
Kepentingan non-pengendali (1.643.736) Non-controlling interest
Merek dagang 5.022 Trademarks
Goodwill 587 Goodwill
Imbalan kas yang dibayar 100.000 Cash consideration paid
Pendapatan BLAM yang termasuk di dalam laporan laba rugi sejak 24 The revenue included in the profit or loss since December 24, 2025
Desember 2025 sebesar Rp88.389 BLAM juga memberikan kontribusi contributed by BLAM was Rp88,389. BLAM also contributed a profit
laba sebesar Rp16.788 selama periode yang sama. of Rp16,788 over the same period.
Jika BLAM dikonsolidasi sejak 1 Januari 2025, maka laba rugi akan Had BLAM been consolidated from January 1, 2025, the profit or
menunjukkan tambahan pendapatan sebesar Rp1.178.974 dan jumlah loss would increase revenue of Rp1.178.974 and total profit of
laba sebesar Rp205.310. Rp205.310.
Pembentukan KUB dengan BLAM telah dilakukan sesuai dengan The formation of the KUB with BLAM has been carried out in
peraturan yang dikeluarkan oleh OJK. accordance with the regulations issued by OJK.
Pada tanggal 31 Desember 2025, Manajemen berpendapat tidak On December 31, 2025, management believes there are no
terdapat indikasi penurunan nilai terhadap goodwill dari transaksi indications of impairment of goodwill from the transaction of forming
pembentukan KUB dengan BLAM. the KUB with BLAM.
133
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. KOMITMEN DAN KONTINJENSI 43. COMMITMENTS AND CONTINGENCIES
2025 2024
KOMITMEN COMMITMENTS
Tagihan komitmen Commitment receivables
Rupiah: Rupiah:
Pembelian spot dan derivatif 335.742 162.245 Purchase of spot and derivative
Lainnya 854.042 854.042 Others
Jumlah tagihan komitmen 1.189.784 1.016.287 Total commitment receivables
Rupiah: Rupiah:
Fasilitas kredit kepada debitur yang belum digunakan (4.574.003) (4.262.009) Unused loan commitments granted to debtors
Mata uang asing: Foreign currencies:
Penjualan spot dan derivatif (335.709) (160.950) Sale of spot and derivative
Jumlah liabilitas komitmen (4.909.708) (4.422.959) Total commitment liabilities
Total liabilitas komitmen - bersih (3.719.928) (3.406.672) Total commitment liabilities - net
KONTINJENSI CONTINGENCIES
Tagihan kontinjensi Contingent receivables
Rupiah: Rupiah:
Pendapatan bunga dalam penyelesaian 190.703 152.253 Interest income on past due accounts
Lainnya 610 7.578 Others
191.313 159.831
Liabilitas kontinjensi Contingent liabilities
Rupiah: Rupiah
Bank garansi yang diterbitkan (759.812) (644.012) Bank guarantees issued
Mata uang asing: Foreign currencies:
Bank garansi yang diterbitkan (50.025) (48.285) Bank guarantees issued
(809.837) (692.297)
Total liabilitas kontinjensi - bersih (618.524) (532.466) Total contingent liabilities - net
Pada tanggal 31 Desember 2025 dan 2024, Grup tidak mempunyai As of December 31 2025 and 2024, the Group has no outstanding
tagihan dan liabilitas komitmen dan kontinjensi kepada pihak berelasi. commitment and contingent receivables and liabilities involving
related parties.
134
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN 44. EMPLOYEE BENEFITS LIABILITIES
Secara keseluruhan atas program imbalan pasca kerja tersebut maka Overall, the post-employment benefit program can be concluded as
dapat diikhtisarkan sebagai berikut: follows:
Mutasi liabilitas bersih di laporan posisi keuangan konsolidasian Movements of net liabilities in the consolidated statement of financial
adalah sebagai berikut: position are as follows:
2025 2024
Saldo awal 361.955 275.329 Beginning balance
Dampak akuisisi 229.768 70.123 Impact acquisition
Pembayaran manfaat (82.817) (68.098) Payment of benefits
Beban tahun berjalan 107.446 64.132 Expenses for the current year
Pendapatan komprehensif lain 43.614 20.469 Other comprehensive income
Jumlah 659.966 361.955 Total
- -
Beban imbalan pasca kerja untuk tahun yang berakhir pada tanggal Post-employment benefit expenses for the years ended December
31 Desember 2025, 2024 dan 2023 adalah sebagai berikut: 31, 2025, 2024 and 2023 are as follows:
2025 2024
Biaya jasa kini 48.166 33.295 Current service cost
Biaya bunga 104.568 93.933 Interest cost
Pendapatan bunga dari aset (80.367) (77.781) Interest income from assets
Bunga atas dampak batasan aset - 2.985 Interest of the asset ceiling
Laba aktuaria 12.445 (315) Gain on actuarial
Biaya jasa lalu - vested 10.321 - Past service cost - vested
Dampak akuisisi 12.313 12.016 Impact acquisition
Jumlah beban tahun berjalan 107.446 64.133 Total expense current year
- -
Program pensiun manfaat pasti Defined benefit pension plan
Bank menyelenggarakan Program Pensiun Manfaat Pasti bagi seluruh The Bank provides a Defined Benefit Pension Plan for all qualified
karyawan Bank yang memenuhi persyaratan sebagaimana diatur employees in accordance with the Regulation of Pension Funds of
dalam Peraturan PT Dana Pensiun PT Bank Pembangunan Daerah “PT Dana Pensiun Bank Pembangunan Daerah Jawa Timur Tbk“
Jawa Timur Tbk (Dapen Bank Jatim). Dalam program ini, manfaat (Dapen Bank Jatim). Based on this program, the right of pension
pensiun diberikan berdasarkan persyaratan yang ditetapkan dalam benefits is provided based on the requirements as set out in the
peraturan Bank dengan memperhatikan penghargaan per tahun masa regulation considering the annual service factors, past service and
kerja, jasa lalu dan Penghasilan Dana Pensiun. Program dana the Pension Fund’s income. The Bank’s pension funds program is
pensiun Bank dikelola oleh Dapen Bank Jatim, sesuai dengan managed by Dapen Bank Jatim. Pursuant to the terms provided the
ketentuan yang diatur dalam Surat Keputusan Direksi Bank, karyawan Bank Directors’ Decision Letter, the employees’ pension fund
Bank memberikan kontribusi pada dana pension sebesar 5% dari contribution is 5% of the pensionable basic income of employees and
penghasilan dasar pension pekerja dan sisanya merupakan kontribusi the remaining pension fund contributions are paid by the Bank.
Bank.
Penilaian aktuaria atas program pensiun manfaat pasti per 31 The actuarial valuation of defined benefit pension plan as of
Desember 2025, dan 2024 dilakukan oleh Kantor Konsultan Aktuaria December 31, 2025, and 2024 were made by Konsultan Aktuaria
Agus Susanto, aktuaris independen, berdasarkan laporannya tanggal Agus Susanto, an independent actuarial firm, based on their report
7 Januari 2026, dan 22 Januari 2025 telah sesuai dengan PSAK 219 dated January 7, 2026, and January 22, 2025 conform with the PSAK
dengan menggunakan metode projected unit credit serta 219 with use calculated method projected unit credit also considers
mempertimbangkan asumsi-asumsi sebagai berikut: assumptions are as follows:
135
Page 786
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program pensiun manfaat pasti (lanjutan) Defined benefit pension plan (continued)
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,40% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 0,00% 0,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 6,40% 7,10% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun linier 18-45 years old
sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5,0% per tahun/ per annum 46-55 years old
Komposisi aset dana pensiun terdiri dari: Pension plan assets primarly consists of:
2025 2024
Deposito berjangka 13,70% 13,70% Time deposits
Obligasi korporasi 72,60% 72,60% Corporate bonds
Properti 7,00% 7,00% Property
Lainnya 6,70% 6,70% Others
Perhitungan kewajiban program pensiun manfaat pasti yang diakui di The calculation of defined benefit pension plan obligations
dalam laporan posisi keuangan konsolidasian adalah sebagai berikut: recognized in the consolidated statement of financial position are as
follows:
2025 2024 2023 2022 2021
Nilai kini kewajiban 1.047.769 984.791 961.785 912.082 986.872 Present value of liabilities
Nilai wajar aset program (943.922) (878.381) (839.753) (800.814) (763.453) Fair value of assets program
Status pendanaan 103.847 106.410 122.032 111.268 223.419 Funded status
Liabilitas Liabilities
103.847 106.410 122.032 111.268 223.419
imbalan pasti - bersih defined benefit - net
Mutasi liabilitas imbalan kerja di laporan posisi keuangan Movements of net liabilities in the consolidated statement of financial
konsolidasian adalah sebagai berikut: position are as follows:
2025 2024
Saldo awal 106.410 122.032 Beginning balance
Beban tahun berjalan 18.381 18.661 Expenses for the current year
Pengukuran kembali aset Remeasurement of assets in the
tahun berjalan (27.408) (20.492) current year
Pembayaran iuran dari pendiri (11.760) (13.791) Paid of contribution from employeer
Saldo akhir 85.623 106.410 Ending balance
136
Page 787
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program pensiun manfaat pasti (lanjutan) Defined benefit pension plan (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025 2024
Biaya jasa kini 10.826 10.119 Current service cost
Bunga bersih atas liabilitas imbalan: Net interest on liabilities defined:
Biaya bunga 69.920 67.325 Interest cost
Pendapatan bunga dari aset (62.365) (58.783) Interest income from assets
Biaya imbalan kerja yang diakui di Recognized employee benefit cost on
laporan laba rugi 18.381 18.661 statement of profit or loss
Mutasi atas nilai wajar aset program adalah sebagai berikut: The movement in the fair value of plan asset are as follows:
2025 2024
Saldo awal 878.381 839.753 Beginning balance
Hasil pengembangan riil 62.365 58.783 Actual investment result
Imbalan hasil atas aset program 35.147 12.020 Return on plan assets
Pembayaran iuran-iuran – pemberi kerja 11.760 13.791 Contribution paid – employer’s
Pembayaran iuran-iuran – peserta program 2.560 3.030 Contribution paid – employee plan
Pembayaran imbalan kerja (46.291) (48.996) Actual benefit paid
Saldo akhir 943.922 878.381 Ending balance
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in other comprehensive income is as
komprehensif lain adalah sebagai berikut: follows:
2025 2024
Keuntungan aktuaria pada kewajiban 30.829 8.472 Actuarial gain on obligation
Keuntungan (kerugian) aktuaria pada aset (3.421) 12.020 Actuarial gain (loss) on asset
Pendapatan yang diakui di Income recognized
27.408 20.492
penghasilan komprehensif lain in other comprehensive income
Imbalan pasca kerja program manfaat lain pada dana pensiun Post-employment benefits from other programs on pension
Berdasarkan Peraturan Otoritas Jasa Keuangan No.5/POJK.05/2017 Based on the Financial Services Authority Regulation
tentang iuran, manfaat pensiun, dan manfaat lain yang No.5/POJK.05/2017 concerning contributions, pension benefits, and
diselenggarakan oleh dana pensiun, selain menyelenggarakan other benefits held by pension funds, in addition to organizing
program pensiun, DPPK, dan DPLK, Bank dapat menyelenggarakan pension programs, DPPK, and DPLK, The Bank can organize or
atau memberikan manfaat lain kepada peserta. Manfaat lain adalah provide other benefits to participants. Another benefit is the payment
pembayaran manfaat selain manfaat pensiun yang dapat dilakukan of benefits other than pension benefits that can be made by the
oleh Dana Pensiun dan diatur dalam peraturan Dana Pensiun. Pension Fund and regulated in the Pension Fund regulations.
Imbalan pegawai dihitung berdasarkan Peraturan Dana Pensiun Bank Employee benefits are calculated based on Pension Fund
Pembangunan Daerah Jawa Timur Tbk No.058/050.2/DIR/HCP/KEP Regulations of the Bank Pembangunan Daerah Jawa Timur Tbk
tanggal 12 Maret 2019 yang telah disahkan berdasarkan Keputusan No.058/050.2/DIR/HCP/KEP dated March 12, 2019 which was ratified
Dewan Komisioner Otoritas Jasa Keuangan No.Kep24/NB.1/2019 based on the Decision of the Board of Commissioners of the
tanggal 14 Juni 2019. Bank menentukan manfaat lain bagi Peserta Financial Services Authority No.Kep-24/NB.1/2019 dated June 14,
dalam tiga bentuk, antara lain dana manfaat tambahan, dana 2019. The Bank determines other benefits for Participants in three
santunan kesehatan, dan dana santunan kematian. Manfaat ini mulai forms, including additional benefit funds, health compensation funds,
diberikan oleh Bank terhitung sejak disahkan oleh Otoritas Jasa and death compensation funds. This benefit will be provided by the
Keuangan. Bank starting from ratified by the Financial Service Authority.
137
Page 788
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Imbalan pasca kerja program manfaat lain pada dana pensiun Post-employment benefits from other programs on pension
(lanjutan) funds (continued)
Penilaian aktuaria atas imbalan pasca kerja program manfaat lain Actuarial valuation on post-employment benefits from other programs
pada dana pensiun dihitung oleh Kantor Konsultan Aktuaria Agus on pension funds is calculated by Kantor Konsultan Aktuaria Agus
Susanto untuk tanggal valuasi per 31 Desember 2025 dan 2024. Susanto for the valuation date as of December 31, 2025 and 2024.
Penilaian aktuaria telah sesuai dengan PSAK 219 dengan Actuarial valuation is in accordance with PSAK 219 using the
menggunakan metode projected unit credit serta mempertimbangkan projected unit credit method and considering the following
asumsi-asumsi sebagai berikut: assumptions:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,40% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 0,00% 0,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 6,40% 7,10% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun linier 18-45 years old
sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5,0% per tahun/ per annum 46-55 years old
Komposisi aset dana pensiun terdiri dari: Pension plan assets primarly consists of:
2025 2024
Deposito berjangka 13,70% 13,70% Time deposits
Obligasi korporasi 72,60% 72,60% Corporate bonds
Properti 7,00% 7,00% Property
Lainnya 6,70% 6,70% Others
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian adalah sebagai berikut: income is as follows:
2025 2024
Keuntungan aktuaria pada kewajiban 259.787 232.457 Actuarial gain on obligation
Kerugian aktuaria pada aset (250.464) (253.558) Actuarial loss on asset
Pendapatan (beban) yang diakui di Income (expense) recognized
9.323 (21.101)
penghasilan komprehensif lain in other comprehensive income
Mutasi liabilitas imbalan kerja di laporan posisi keuangan adalah The movement of other benefit pension plan obligations are as
sebagai berikut: follows:
2025 2024
Aset imbalan pasti bersih awal tahun 21.102 42.650 Asset defined benefit net at beginning of year
Biaya imbalan pasti: Expenses for the year:
Jumlah yang diakui dalam laba rugi (4.347) (4.261) Amount recognized in the profit and losses
Pengukuran kembali aset Remeasurement of assets in the
tahun berjalan (26.077) (17.287) current year
Aset imbalan pasti - bersih (9.322) 21.102 Asset defined benefit - net
138
Page 789
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Imbalan pasca kerja program manfaat lain pada dana pensiun Post-employment benefits from other programs on pension
(lanjutan) funds (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025 2024
Biaya jasa kini 4.348 4.261 Current service cost
Bunga bersih atas liabilitas imbalan: Net interest on liabilities defined:
Biaya bunga 16.504 16.013 Interest cost
Pendapatan bunga dari aset (18.003) (18.998) Interest income from assets
Bunga atas dampak batasan aset 1.498 2.985 Interest of the asset ceiling
Biaya imbalan kerja yang diakui di Recognized employee benefit cost on
laporan laba rugi 4.347 4.261 statement of profit or loss
Mutasi atas nilai wajar aset program adalah sebagai berikut: The movement in the fair value of plan asset are as follows:
2025 2024
Saldo awal 253.558 271.404 Beginning balance
Hasil pengembangan riil 18.003 18.998 Actual investment result
Pembayaran imbalan kerja (5.170) (8.509) Actual benefit paid
Rugi aktuaria pada aset (15.927) (28.335) Actual loss on assets
Saldo akhir 250.464 253.558 Ending balance
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian adalah sebagai berikut: income is as follows:
2025 2024
Saldo awal 10.682 6.421 Beginning balance
Keuntungan (kerugian) aktuaria pada kewajiban (11.648) 8.062 Actuarial gain (loss) on obligation
Kerugian aktuaria pada aset (15.927) (28.335) Actuarial loss on asset
Perubahan pada dampak batasan Amandement of impact on
aset tidak termasuk bunga 21.101 24.534 assets exclude interest
Biaya yang diakui di Recognized expense in
4.208 10.682
penghasilan komprehensif lain other comprehensive income
Program pensiun iuran pasti Defined contribution pension plan >>
Bank juga memiliki program pensiun iuran pasti, untuk karyawannya. Bank also has a defined contribution pension plan for its employees.
Bank mengikutsertakan pegawai tetap dalam program pensiun iuran The Bank has a participate permanent employee in defined
pasti yang dikelola oleh Dana Pensiun Lembaga Keuangan PT Bank contribution pension plan is managed by Dana Pensiun Lembaga
Rakyat Indonesia (Persero) Tbk. Keuangan PT Bank Rakyat Indonesia (Persero) Tbk.
Pegawai tetap yang bergabung dengan Bank setelah bulan April 2012, The permanent employees who joined the Bank after April 2012, are
memiliki hak atas program pensiun iuran pasti atau manfaat yang entitled to benefits under defined contribution plan or the benefits
disediakan sesuai dengan Undang-Undang Tenaga Kerja No.13/2003, provided for under the Labour Law No.13/2003, whichever is higher.
mana yang lebih tinggi.
Pegawai tetap yang bergabung dengan Bank sebelum bulan April The permanent employees who joined the Bank prior to April 2012,
2012, memiliki hak atas program pensiun manfaat pasti ditambah are entitled to benefits pension plan plus defined contribution pension
dengan program pensiun iuran pasti atau manfaat yang disediakan plan, or the benefits provided for under the Labour Law No.13/2003,
sesuai dengan Undang-Undang Tenaga Kerja No.13/2003, mana whichever is higher.
yang lebih tinggi.
Pada tahun 2016, Bank melakukan evaluasi perhitungan program In year 2016, The Bank evaluates the calculation of defined
pensiun iuran pasti dimana imbalan pegawai dihitung sebesar selisih contribution pension plan where the employees benefit is calcuated
Undang-Undang Ketenagakerjaan No.13 tahun 2003 dan imbalan as the difference between the Labour Law No.13/2003 and defined
pensiun sesuai iuran Bank ke Dana Pensiun Lembaga Keuangan contribution pension based on contribution Bank to Dana Pensiun
(DPLK), di luar uang penggantian imbalan yang berkaitan dengan cuti Lembaga Keuangan (DPLK), except replacement of annual leave
tahunan, ongkos pulang ketempat dimana pegawai diterima bekerja. rights, the cost of return to a place where an employee was hired.
139
Page 790
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program pensiun iuran pasti (lanjutan) Defined contribution pension plan (consolidated)
Penilaian aktuaria atas program pensiun iuran pasti selisih dengan The actuarial calculations of difference defined contribution pension
Undang-Undang Ketenagakerjaan No.13 tahun 2003 dan imbalan plan Labour Law No.13/2003 and defined contribution pension based
pensiun sesuai iuran Bank ke Dana Pensiun Lembaga Keuangan on contribution Bank to Dana Pensiun Lembaga Keuangan (DPLK)
(DPLK) untuk tahun yang berakhir pada 31 Desember 2025 dan 2024, for the year ended December 31, 2025 and 2024, were prepared by
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto dengan a registered actuarial consulting firm, Kantor Konsultan Aktuaria
menggunakan metode projected unit credit sebagaimana yang Agus Susanto, using the projected unit credit method as discussed
dijelaskan dalam laporan aktuaris masing-masing pada tanggal 7 an independent actuary report dated January 7, 2026 and January
Januari 2026 dan 22 Januari 2025 yaitu sebagai berikut: 22, 2025 respectively, are as follows:
Asumsi-asumsi utama yang digunakan dalam perhitungan dalam Key assumptions used in the actuarial calculation are as follows:
perhitungan adalah:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,40% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun linier 18-45 years old
sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi adalah The employee benefit expenses recognized in the statement of profit
sebagai berikut: or loss, are as follows:
2025 2024
Biaya jasa kini 1.895 2.633 Current service cost
Biaya bunga - bersih 3.551 3.540 Interest cost - net
Biaya yang dibebankan pada laporan Expense recognized in the consolidated
laba rugi konsolidasian 5.446 6.173 statement of profit or loss
Mutasi liabilitas imbalan kerja di laporan posisi keuangan adalah The movement of other benefit pension plan obligations are as
sebagai berikut: follows:
2025 2024
Saldo awal 50.012 51.298 Beginning balance
Beban tahun berjalan 5.446 6.173 Expenses for the current year
Pengukuran kembali imbalan kerja - bersih 2.688 18.684 Remeasurement of employee benefit - net
Pembayaran imbalan (23.781) (26.143) Actual benefit paid
Saldo akhir 34.365 50.012 Ending balance
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian adalah sebagai berikut: income is as follows:
2025 2024
Saldo awal 80.712 62.028 Beginning balance
Keuntungan aktuaria pada kewajiban 2.688 18.684 Actuarial gain on obligation
Saldo akhir 83.400 80.712 Ending balance
Liabilitas atas imbalan pasca kerja lainnya adalah program asuransi The liability for post employee benefits consisted of mutual aid
tunjangan hari tua yang telah dikelola oleh PT Asuransi Jiwasraya pension insurance plan is manged by PT Asuransi Jiwasraya
(Persero), dan program uang duka sebagai jasa pengabdian. (Persero), and employee death benefits program as service devotion.
140
Page 791
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Penghargaan masa kerja Graduity for service program
Imbalan jangka panjang lainnya adalah program penghargaan masa Other long-term employee benefits is gratuity for service program.
kerja. Imbalan tersebut diberikan kepada pegawai tetap yang The benefits is granted to employees at amount of 2 (two) until 4
jumlahnya sebesar 2 (dua) sampai dengan 4 (empat) kali penghasilan (four) last of salary with working service periods of 15 years, 25 years
terakhir dengan masa kerja 15 tahun, 25 tahun dan 30 tahun. and 30 years.
Uang Duka Sebagai Jasa Pengabdian Death Benefit To Employees Service Devotion
Bank memberikan uang duka sebagai jasa pengabdian bagi pegawai Bank provides employee death benefit to employees who have
yang meninggal dunia sebesar nominal yang ditetapkan ditambah passed away at fixed amount plus 1 (one) month salary of his/her last
dengan 1 (satu) kali penghasilan terakhir serta ditambah 1 (satu) kali month plus 1 (one) month salary of the following month from his/her
penghasilan bulan berikutnya. Program tersebut dikelola sendiri oleh death as his/her service devotion. This program is self – managed by
Bank. the Bank.
Penilaian aktuaria atas uang duka jasa pengabdian dan penghargaan The actuaria valuation of employee death benefit program and
masa kerja untuk tahun yang berakhir pada tanggal-tanggal 31 gratuity for service program for the year ended December 31, 2025
Desember 2025 dan 2024, dihitung oleh Kantor Konsultan Aktuaria and 2024, were performed by Kantor Konsultan Aktuaria Agus
Agus Susanto dengan menggunakan metode projected unit credit Susanto, using the projected unit credit method as stated in its report
sebagaimana tercantum dalam laporan masing-masing pada tanggal dated January 7, 2026 and January 22, 2025, respectively.
7 Januari 2026 dan 22 Januari 2025.
Asumsi-asumsi utama yang digunakan dalam perhitungan dalam Key assumptions used in the actuarial calculation are as follows:
perhitungan adalah:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,40% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun linier 18-45 years old
sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statements profit or loss, are as follows:
Uang duka sebagai jasa
pengabdian / Death benefit
as employee service
devotion
2025 2024
Biaya jasa kini 286 277 Current service cost
Biaya bunga - bersih 196 185 Interest cost - net
Biaya yang dibebankan pada laporan Expense recognized in the consolidated
482 462
laba rugi konsolidasian statement of profit or loss
Program penghargaan
masa kerja / Graduity for
service program
2025 2024
Biaya jasa kini 5.279 4.854 Current service cost
Biaya bunga - bersih 4.321 4.175 Interest cost - net
(Laba) rugi aktuaria 3.516 (178) Actuarial loss
Biaya yang dibebankan pada laporan Expense recognized in the consolidated
13.116 8.851
laba rugi konsolidasian statement of profit or loss
141
Page 792
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Uang Duka Sebagai Jasa Pengabdian (lanjutan) Death Benefit To Employees Service Devotion (continued)
Mutasi liabilitas imbalan kerja di laporan posisi keuangan Movements of net liabilities in the consolidated statement of financial
konsolidasian adalah sebagai berikut: position are as follows:
Uang duka sebagai jasa
pengabdian / Death benefit
as employee service
devotion
2025 2024
Saldo awal 2.760 2.675 Beginning balance
Beban tahun berjalan 482 462 Expenses for the current year
Pengukuran kembali imbalan kerja - bersih (38) (297) Remeasurement of employee benefits - net
Pembayaran imbalan kerja (178) (80) Actual benefit paid
Liabilitas imbalan pasti - bersih 3.026 2.760 Liabilities defined benefit - net
Program penghargaan
masa kerja / Graduity for
service program
2025 2024
Saldo awal 60.862 60.502 Beginning balance
Beban tahun berjalan 13.116 8.851 Expenses for the current year
Pembayaran imbalan kerja (6.693) (8.491) Actual benefit paid
Liabilitas imbalan pasti - bersih 67.285 60.862 Liabilities defined benefit - net
Mutasi liabilitas imbalan kerja di laporan posisi keuangan Movements of net liabilities in the consolidated statement of financial
konsolidasian adalah sebagai berikut: position are as follows:
Uang duka sebagai jasa
pengabdian / Death benefit
as employee service
devotion
2025 2024
Saldo awal 2.760 2.675 Beginning balance
Biaya jasa kini 286 277 Current service cost
Biaya bunga 196 185 Interest cost net
Pembayaran imbalan (178) (80) Actual benefit paid
Keuntungan aktuarial pada kewajiban (38) (297) Actuarial gain on obligation
Liabilitas imbalan pasti - bersih 3.026 2.760 Liabilities defined benefit - net
Program penghargaan
masa kerja / Graduity for
service program
2025 2024
Saldo awal 60.862 60.502 Beginning balance
Biaya jasa kini 5.279 4.854 Current service cost
Biaya bunga 4.321 4.175 Interest cost net
Pembayaran imbalan (6.693) (8.491) Actual benefit paid
Kerugian (keuntungan) aktuarial pada kewajiban 3.516 (178) Actuarial loss (gain) on obligation
Liabilitas imbalan pasti - bersih 67.285 60.862 Liabilities defined benefit - net
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian adalah sebagai berikut: income is as follows:
Uang duka sebagai jasa
pengabdian/
Death benefit as employee
service devotion
2025 2024
Saldo pada awal tahun 113 410 Balance at beginning of year
Kerugian aktuarial pada kewajiban (38) (297) Actuarial losses on obligation
Pendapatan komprehensif lain 75 113 Other comprehensive income
142
Page 793
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program penghargaan purna tugas After duty award program
Bank memberikan penghargaan purna tugas kepada pegawai tetap The Bank provides retirement awards to permanent employees
yang masa kerjanya berakhir karena mencapai batas usia pensiun whose service period ends due to reaching the normal retirement
normal, meninggal dunia, maupun berhenti atas permintaan sendiri, age, death, or resignation at their own request, following an
mengikuti program pengakhiran bhakti pegawai sebesar masa employee service termination program equal to the service period
kerja dikalikan gaji terakhir. multiplied by the last salary.
Penilaian aktuaria atas program purna tugas untuk tahun yang The actuaria valuation of afterduty award program for the year ended
berakhir pada tanggal-tanggal 31 Desember 2025 dan 2024, dihitung December 31, 2025 and 2024, were performed by Kantor Konsultan
oleh Kantor Konsultan Aktuaria Agus Susanto dengan menggunakan Aktuaria Agus Susanto, using the projected unit credit method as
metode projected unit credit sebagaimana tercantum dalam laporan stated in its report dated January 7, 2026 and January 22, 2025,
masing-masing pada tanggal 7 Januari 2026 dan 22 Januari 2025. respectively.
Asumsi-asumsi utama yang digunakan dalam perhitungan dalam Key assumptions used in the actuarial calculation are as follows:
perhitungan adalah:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,40% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun linier 18-45 years old
sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025 2024
Biaya jasa kini 11.101 4.185 Current service cost
Biaya bunga - bersih 3.008 1.179 Interest cost - net
Biaya yang dibebankan pada Expense recognized in the consolidated
laporan laba rugi konsolidasian 14.109 5.364 statement of profit or loss
Mutasi liabilitas imbalan kerja di laporan posisi keuangan Movements of net liabilities in the consolidated statement of financial
konsolidasian adalah sebagai berikut: position are as follows:
2025 2024
Saldo awal 42.361 16.841 Beginning balance
Beban tahun berjalan 14.109 5.364 Expenses for the current year
Kerugian aktuarial pada kewajiban 1.980 20.630 Actuarial loss on obligation
Pembayaran imbalan kerja (929) (474) Actual benefit paid
Saldo akhir 57.521 42.361 Ending balance
Pengukuran kembali kerugian (keuntungan) di penghasilan Remeasurement of loss (gain) in other comprehensive income is as
komprehensif lain adalah sebagai berikut: follows:
2025 2024
Saldo awal 12.295 (8.335) Beginning balance
Rugi aktuarial 1.980 20.630 Actuarial loss
Saldo akhir 14.275 12.295 Ending balance
143
Page 794
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program Pensiun Asuransi Dwiguna dan Program Cuti Besar Endowment Insurance Pension Program and Long Service
Leave Program
Asuransi Dwiguna diberikan kepaada pegawai tetap yang berhenti Dual Purpose Insurance is given to permanent employees who
karena pensiun normal, meninggal dunia, diberhentikan dengan resign due to normal retirement, death, honorable dismissal at their
hormat atas permintaan sendiri, mengundurkan diri karena mengikuti own request, or resign due to participating in the employee service
program pengakhiran bhakti pegawai. termination program.
Program Imbalan cuti besar adalah program penggantian hak cuti Long service leave program are employee leave entitlement
karyawan. Imbalan tersebut diberikan kepada pegawai tetap yang replacement programs. The benefits are given to permanent
telah bekerja selama 6 tahun berturut-turut dan kelipatannya sejak employees who have worked for 6 consecutive years and multiples
diangkat sebagai pegawai tetap. Penggantian hak cuti besar diberikan since being appointed as permanent employees. Replacement for
sebesar 2 (dua) kali upah pokok. grand leave is given at 2 (two) times the basic salary
Penilaian aktuaria atas program pensiun dwiguna dan cuti besar untuk The actuaria valuation of endowment insurance pension program
tahun yang berakhir pada tanggal-tanggal 31 Desember 2025 dan and long service leave program for the year ended December 31,
2024, dihitung oleh Kantor Konsultan Aktuaria Agus Susanto dengan 2025 and 2024, were performed by Kantor Konsultan Aktuaria Agus
menggunakan metode projected unit credit sebagaimana tercantum Susanto, using the projected unit credit method as stated in its report
dalam laporan masing-masing pada tanggal 7 Januari 2026 dan 22 dated January 7, 2026 and January 22, 2025, respectively.
Januari 2025 .
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,40% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun linier 18-45 years old
sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statements profit or loss, are as follows:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2025 2024
Biaya jasa kini 1.119 892 Current service cost
Biaya bunga - bersih 553 506 Interest cost - net
Biaya yang dibebankan pada Expense recognized in the consolidated
laporan laba rugi konsolidasian 1.672 1.398 statement of profit or loss
Program Cuti besar/
Long Service Leave
Program
2025 2024
Biaya jasa kini 5.907 6.072 Current service cost
Biaya bunga - bersih 1.061 1.010 Interest cost - net
Rugi (laba) aktuaria 5.431 (137) Actuarial loss (gain)
Biaya yang dibebankan pada Expense recognized in the consolidated
laporan laba rugi konsolidasian 12.399 6.945 statement of profit or loss
144
Page 795
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program Pensiun Asuransi Dwiguna dan Program Cuti Besar Endowment Insurance Pension Program and Long Service
(lanjutan) Leave Program (continued)
Mutasi liabilitas imbalan kerja di laporan posisi keuangan konsolidasi Movements of net liabilities in the consolidated statement of financial
adalah sebagai berikut: position are as follows:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2025 2024
Saldo awal 7.785 7.333 Beginning balance
Beban tahun berjalan 1.672 1.398 Expenses for the current year
Kerugian aktuarial pada kewajiban 7.240 5.983 Actuarial losses on obligation
Pembayaran imbalan kerja (6.636) (6.929) Actual benefit paid
Liabilitas imbalan pasti - bersih 10.061 7.785 Liabilities defined benefit - net
Program Cuti besar/
Long Service Leave
Program
2025 2024
Saldo awal 14.946 14.646 Beginning balance
Beban tahun berjalan 12.399 6.945 Expenses for the current year
Pembayaran imbalan kerja (9.371) (6.645) Actual benefit paid
Liabilitas imbalan pasti - bersih 17.974 14.946 Liabilities defined benefit - net
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai berikut: The movements in the present value of employee benefit are as
follows:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2025 2024
Saldo awal 7.785 7.333 Beginning balance
Biaya jasa kini 1.119 892 Current service cost
Biaya bunga - bersih 553 506 Interest cost - net
Pembayaran imbalan (6.636) (6.929) Actual benefit paid
Kerugian aktuarial pada kewajiban 7.240 5.983 Actuarial loss on obligation
Liabilitas imbalan pasti - bersih 10.061 7.785 Liabilities defined benefit - net
Program Cuti besar/
Long Service Leave
Program
2025 2024
Saldo awal 14.945 14.645 Beginning balance
Biaya jasa kini 5.907 6.072 Current service cost
Biaya bunga - bersih 1.061 1.010 Interest cost - net
Biaya jasa lalu 5.431 (137) Past service cost
Pembayaran imbalan (9.371) (6.645) Actual benefit paid
Liabilitas imbalan pasti - bersih 17.974 14.945 Liabilities defined benefit - net
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian adalah sebagai berikut: income is as follows:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2025 2024
Saldo awal 11.566 5.583 Beginning balance
Keuntungan aktuaria pada kewajiban 7.240 5.983 Actuarial gain on obligation
Saldo akhir 18.806 11.566 Ending balance
145
Page 796
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS Employee Benefits Liabilities - NTBS
Bank memberikan program pensiun imbalan pasti, imbalan pasca The Bank provides defined benefit pension plan, post- employment
kerja sesuai dengan Peraturan Pemerintah No.35/2021 dan imbalan benefits in accordance with Government Regulations No.35/2021
kerja jangka panjang lainnya kepada karyawan yang memenuhi and other long-term benefits covering all qualifying employees. Other
persyaratan. Imbalan pasca kerja lain dan imbalan kerja jangka postemployment and other long- term benefits are accounted as
panjang lainnya merupakan imbalan kerja tanpa pendanaan. Jumlah unfunded defined benefit plan. The number of employees entitled to
karyawan yang berhak atas imbalan kerja tersebut adalah 1.088 pada post employment benefits is 1,088 on December 31, 2025 and 982
31 Desember 2025 dan 982 pada 31 Desember 2024. on December 31, 2024.
1. Program Pensiun Iuran Pasti 1 Defined Contribution Pension Plan
NTBS memiliki Program Pensiun Iuran Pasti (“PPIP”) yang meliputi The NTBS has a Defined Contribution Pension Program (“PPIP”)
seluruh karyawan tetap yang dikelola oleh Dana Pensiun Lembaga covering all permanent employees managed by the Financial
Keuangan (“DPLK”) PT Bank Negara Indonesia (Persero) Tbk Institution Pension Fund (“DPLK”) of PT Bank Negara Indonesia
yang telah mendapat pengesahan berdasarkan keputusan Otoritas (Persero) Tbk which has been approved based on the decision of
Jasa Keuangan No.KEP-2/NB.01.2019 tanggal 10 Januari 2019. the Financial Services Authority No.KEP-2/NB.01.2019 dated
January 10, 2019.
2. Program Tunjangan Hari Tua (THT) 2 Old Age Security (THT)
NTBS menyelenggarakan Program Tunjangan Hari Tua (THT) The NTBS organizes an Old Age Security (THT) Program for
bagi karyawan Bank yang diangkat sebagai pegawai tetap. Bank employees who are appointed as permanent employees.
Pengelolaan program Tunjangan Hari Tua (THT) diserahkan The management of the Old Age Security (THT) program is
kepada PT Asuransi Jiwa Taspen melalui program asuransi handed over to PT Asuransi Jiwa Taspen through the taspen
taspen save, sesuai dengan perjanjian No.SPJ/680/06/50/2021 save insurance program, in accordance with agreement
dan No.PERJ-061/TL/122021 tanggal 29 Desember 2021. No.SPJ/680/06/50/2021 and No.PERJ-061/TL/122021 dated
December 29, 2021.
Bank menyelenggarakan Program Pensiun Manfaat Pasti bagi seluruh The Bank provides a Defined Benefit Pension Program for all Bank
karyawan Bank yang memenuhi persyaratan sebagaimana diatur employees who meet the requirements as regulated in Directors'
dalam Keputusan Direksi No.SK/01.21/60/018/2017 yang telah Decree No.SK/01.21/60/018/2017 which has been ratified based on
disahkan berdasarkan Keputusan Dewan Komisioner OJK No.Kep- OJK Board of Commissioners Decree No.Kep-51/NB.1/2017 and is
51/NB.1/2017 dan dikelola oleh Dana Pensiun Bank Pembangunan managed by the Bank Pembangunan Daerah Nusa Tenggara Barat
Daerah Nusa Tenggara Barat. Pension Fund.
Penilaian aktuaria atas beban pensiun NTBS untuk tahun yang The actuarial calculations of NTBS pension fund for the period ended
berakhir pada tanggal-tanggal 31 Desember 2025 dan 2024 dilakukan December 31, 2025 and 2024 were prepared by a registered
oleh Kantor Konsultan Aktuaria Agus Susanto, aktuaris independen actuarial consulting firm, Actuarial Consulting Firm Agus Susanto, an
masing-masing pada tanggal 20 Januari 2026 dan 22 Januari 2025 independent actuary dated on January 20, 2026 and January 22,
sesuai dengan PSAK 219 dengan menggunakan metode projected 2025, respectively based on PSAK 219 using the projected unit credit
unit credit . Asumsi yang digunakan untuk menentukan penilaian method. The actuarial calculations were carried out using the
aktuaris adalah sebagai berikut: following key assumptions:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,60% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
146
Page 797
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program Pensiun Manfaat Pasti - NTBS Defined Benefits Pension Plan - NTBS
2025 2024
Biaya jasa kini 1.410 2.401 Current service cost
Biaya bunga - bersih 2.291 2.266 Interest cost - net
Biaya yang dibebankan pada Expense recognized in the consolidated
laporan laba rugi konsolidasian 3.701 4.667 statement of profit or loss
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai berikut: The movements in the present value of employee benefit are as
follows:
2025 2024
Saldo awal 32.272 33.316 Beginning balance
Biaya jasa kini 1.410 2.401 Current service cost
Biaya bunga 2.291 2.266 Interest cost
Iuran pemberi kerja (4.664) (5.133) Employer contribution
Pengukuran kembali imbalan kerja - bersih 3.451 (578) Remeasurement of employee benefit - net
Saldo akhir 34.760 32.272 Ending balance
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian adalah sebagai berikut: income is as follows:
2025 2024
Saldo pada awal tahun 78.068 78.646 Balance at beginning of year
Keuntungan (kerugian) aktuaria pada kewajiban 3.451 (578) Actuarial gain (loss) on obligation
Saldo akhir 81.519 78.068 Ending balance
Program Penghargaan Masa Bhakti dan PMB Proporsional - Long service award and PMB proportional - NTBS
Bank memberikan penghargaan masa bhakti kepada pegawai yang The Bank provides long service awards to employees who have
telah bekerja dalam waktu kurun waktu tertentu dengan integritas, worked for a certain period of time with integrity, loyalty and good
loyalitas dan kinerja yang baik. Penghargaan ini dapat direalisasikan performance. This award can be realized after the employee reaches
pembayarannya setelah pegawai mencapai masa kerja 15 tahun, 20 15 years of service, 20 years, 25 years 30 years, 35 years and or
tahun, 25 tahun 30 tahun, 35 tahun dan atau telah efektif menjalani has effectively undergone a retirement preparation period. The
masa persiapan pensiun. Jumlah yang diberikan sesuai dengan amount awarded is in accordance with the Bank's provisions. The
ketentuan Bank. Program tersebut dikelola sendiri oleh Bank. program is managed by the Bank itself.
Program penghargaan masa bhakti dan PMB proporsional dihitung The long service award program and PMB proportional are
berdasarkan Keputusan Direksi No.SK/01.12/60/573/2014. Penilaian calculated based on the Decision of the Board of Directors
aktuaria atas beban Imbalan jangka panjang lainnya NTBS untuk No.SK/01.12/60/573/2014. The actuarial calculations of NTBS Other
tahun yang berakhir pada tanggal-tanggal 31 Desember 2025 dan long-term benefits fund for the period ended December 31, 2025 and
2024 dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto, 2024 were prepared by a registered actuarial consulting firm,
aktuaris independen masing-masing pada tanggal 20 Januari 2026 Actuarial Consulting Firm Agus Susanto, an independent actuary
dan 22 Januari 2025 sesuai dengan PSAK 219 dengan menggunakan dated on January 20, 2026 and January 22, 2025, respectively
metode projected unit credit . Asumsi yang digunakan untuk based on PSAK 219 using the projected unit credit method. The
menentukan penilaian aktuaris adalah sebagai berikut: actuarial calculations were carried out using the following key
assumptions:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,80% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
147
Page 798
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program Penghargaan Masa Bhakti dan PMB Proporsional - NTBS Long service award and PMB proportional - NTBS (continued)
(lanjutan)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statements profit or loss, are as follows:
2025 2024
Biaya jasa kini 2.500 2.499 Current service cost
Kerugian aktuarial 1.777 - Loss on actuarial recognition
Biaya bunga - bersih 2.485 908 Interest cost - net
Biaya yang dibebankan pada Expense recognized in the
6.762 3.407
laporan laba rugi konsolidasian consolidated statement of profit or loss
Rekonsiliasi atas perubahan (aset) liabilitas imbalan pasca kerja Following are the reconciliation of the movements of employee
selama tahun berjalan adalah sebagai berikut: benefit (assets) liabilities during the years:
2025 2024
Saldo awal 25.030 22.864 Beginning balance
Beban tahun berjalan 6.762 3.407 Expenses for the current year
Pembayaran imbalan (4.372) (1.241) Actual benefit paid
Saldo akhir 27.420 25.030 Ending balance
Program Penghargaan Purna Bhakti - NTBS Retirement Award Program-NTBS
Bank memberikan penghargaan purna bhakti kepada pegawai yang The Bank provides retirement awards to employees who have
telah bekerja secara terus menerus terhitung sejak yang bersangkutan worked continuously from the time they are registered as employees
tercatat sebagai pegawai hingga efektif menjalani masa purna tugas. until they effectively undergo their retirement period. The nominal
Jumlah nominal yang diberikan ditetapkan sebesar 8 (delapan) kali amount given is set at 8 (eight) times the last salary. The program is
gaji terakhir. Program tersebut dikelola sendiri oleh Bank. managed by the Bank itself.
Penilaian aktuaria atas beban Imbalan pasca kerja NTBS untuk tahun The actuarial calculations of NTBS post-employee benefit fund for
yang berakhir pada tanggal-tanggal 31 Desember 2025 dan 2024 the year ended December 31, 2025 and 2024 were prepared by a
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto, aktuaris registered actuarial consulting firm, Actuarial Consulting Firm Agus
independen masing-masing pada tanggal 20 Januari 2026 dan 22 Susanto, an independent actuary dated on January 20, 2026 and
Januari 2025 sesuai dengan PSAK 219 dengan menggunakan January 22, 2025, respectively based on PSAK 219 using the
metode projected unit credit . Asumsi yang digunakan untuk projected unit credit method. The actuarial calculations were carried
menentukan penilaian aktuaris adalah sebagai berikut: out using the following key assumptions:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,80% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
148
Page 799
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program Penghargaan Purna Bhakti - NTBS (lanjutan) Retirement Award Program-NTBS (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025 2024
Biaya jasa kini 1.348 1.354 Current service cost
Biaya bunga - bersih 939 905 Interest cost - net
Biaya yang dibebankan pada Expense recognized in the
2.287 2.259
laporan laba rugi konsolidasian consolidated statement of profit or loss
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai berikut: The movements in the present value of employee benefit are as
follows:
2025 2024
Saldo awal 13.222 13.110 Beginning balance
Biaya jasa kini 1.348 1.354 Current service cost
Biaya bunga 939 905 Interest cost
Pembayaran imbalan (1.954) (1.252) Actual benefit paid
Keuntungan aktuaria pada kewajiban (557) (895) Actuarial gain on obligation
Saldo akhir 12.998 13.222 Ending balance
Pengukuran kembali aset imbalan kerja bersih: Remeasurement of net employee benefit asset:
2025 2024
Saldo pada awal tahun (5.856) (4.961) Balance at beginning of year
Keuntungan aktuaria pada kewajiban (557) (895) Actuarial gain on obligation
Saldo akhir (6.413) (5.856) Ending balance
Program penghargaan emas - NTBS Gold award program - NTBS
NTBS memberikan penghargaan emas kepada pegawai tetap pada The NTBS gives gold awards to permanent employees during the
saat menjalani masa persiapan pensiun atau pada saat pensiun. retirement preparation period or at the time of retirement. Souvenirs
Cinderamata diberikan dalam bentuk perhiasan emas seberat 20 are given in the form of 20 grams of 22 carat gold jewelry. The
gram 22 karat. Program tersebut dikelola sendiri oleh Bank. program is managed by the Bank itself.
Penilaian aktuaria atas beban penghargaan emas NTBS untuk tahun The actuarial calculations of NTBS gold award fund for the year
yang berakhir pada tanggal-tanggal 31 Desember 2025 dan 2024 ended December 31, 2025 and 2024 were prepared by a registered
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto, aktuaris actuarial consulting firm, Actuarial Consulting Firm Agus Susanto, an
independen masing-masing pada tanggal 20 Januari 2026 dan 22 independent actuary dated on January 20, 2026 and January 22,
Januari 2025 sesuai dengan PSAK 219 dengan menggunakan 2025, respectively based on PSAK 219 using the projected unit credit
metode projected unit credit . Asumsi yang digunakan untuk method. The actuarial calculations were carried out using the
menentukan penilaian aktuaris adalah sebagai berikut: following key assumptions:
2025 2024
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,80% 7,10% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
149
Page 800
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program penghargaan emas - NTBS (lanjutan) Gold award program - NTBS (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025 2024
Biaya jasa kini 785 699 Current service cost
Kerugian aktuarial 1.014 - Loss on actuarial recognition
Biaya bunga - bersih 447 1.460 Interest cost - net
Biaya yang dibebankan pada Expense recognized in the
2.246 2.159
laporan laba rugi konsolidasian consolidated statement of profit or loss
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai berikut: The movements in the present value of employee benefit are as
follows:
2025 2024
Saldo awal 6.293 4.566 Beginning balance
Biaya jasa kini 785 699 Current service cost
Kerugian aktuarial 1.014 - Loss on actuarial recognition
Biaya bunga 447 1.460 Interest cost
Pembayaran imbalan (546) (432) Actual benefit paid
Saldo akhir 7.993 6.293 Ending balance
Program imbalan cuti besar - NTBS Long service leave program - NTBS
Bank memberikan imbalan cuti besar kepada pegawai tetap setelah The Bank provides long service leave program to permanent
bekerja secara terus menerus selama 6 tahun terhitung sejak employees after working continuously for 6 years starting from the
pelaksanaan cuti besar yang terakhir. Imbalan cuti besar diberikan implementation of the last great leave. Compensation is given in the
sebesar 1 (satu) kali gaji terakhir ditambah dengan kompensasi amount of 1 (one) times the last salary plus compensation for unused
sebesar penggantian hak cuti yang tidak dipergunakan berupa leave in the form of compensation in the amount of 1 (one) times the
kompensasi sebesar 1 (satu) kali gaji. Program tersebut dikelola salary). The program is managed by the Bank itself.
sendiri oleh Bank.
Program imbalan cuti besar dihitung berdasarkan Keputusan Direksi The long service leave program are calculated based on the
No.SK/01.12/64/289/2020. Penilaian aktuaria atas imbalan cuti besar Decision of the Board of Directors No.SK/01.12/64/289/2020. The
NTBS untuk tahun yang berakhir pada tanggal 31 Desember 2025 actuarial valuation of NTBS gold award fund for the year ended
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto, aktuaris December 31, 2025, were prepared by a registered actuarial
independen masing-masing pada tanggal 20 Januari 2026 sesuai consulting firm, Actuarial Consulting Firm Agus Susanto, an
dengan PSAK 219 dengan menggunakan metode projected unit independent actuary dated on January 20, 2026, respectively based
credit . Asumsi yang digunakan untuk menentukan penilaian aktuaris on PSAK 219 using the projected unit credit method. The actuarial
adalah sebagai berikut: calculations were carried out using the following key assumptions:
2025
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,80% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
150
Page 801
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program imbalan cuti besar - NTBS (lanjutan) Long service leave program - NTBS (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025
Biaya jasa kini 566 Current service cost
Biaya jasa lalu - vested 3.360 Past service cost - vested
Biaya yang dibebankan pada Expense recognized in the
3.926
laporan laba rugi konsolidasian consolidated statement of profit or loss
Mutasi liabilitas imbalan kerja di laporan posisi keuangan adalah The movement of other benefit pension plan obligations are as
sebagai berikut: follows:
2025
Saldo awal - Beginning balance
Pembayaran imbalan (1.732) Payment of benefits
Beban tahun berjalan 3.926 Expense for the year
Saldo akhir 2.194 Ending balance
Masa persiapan pensiun - NTBS Retirement preparation period - NTBS
Masa persiapan pensiun dapat diberikan kepada seluruh pegawai The retirement preparation period can be given to all employees who
yang telah memasuki usia tertentu. Hak dan fasilitas pegawai masa have reached a certain age. The rights and facilities of employees
persiapan pensiun telah diatur secara rinci didalam ketentuan Bank. during the retirement preparation period have been regulated in
Program tersebut dikelola sendiri oleh Bank. detail in the Bank's provisions. The program is managed by the Bank
itself.
Program imbalan masa persiapan pensiun dihitung berdasarkan The retirement preparation period are calculated based on the
Keputusan Direksi No.SK/01.12/64/289/2020. Penilaian aktuaria atas Decision of the Board of Directors No.SK/01.12/64/289/2020. The
imbalan masa persiapan pensiun NTBS untuk tahun yang berakhir actuarial valuation of the NTBS the retirement preparation period for
pada tanggal 31 Desember 2025 dilakukan oleh Kantor Konsultan year ended December 31, 2025 was conducted by Agus Susanto
Aktuaria Agus Susanto, aktuaris independen, tertanggal 20 Januari Actuarial Consulting Firm, an independent actuary, dated January
2026 sesuai dengan PSAK 219 dengan menggunakan metode 20, 2026 in accordance with PSAK 219 using the Projected Unit
projected unit credit . Asumsi yang digunakan untuk menentukan Credit method. The assumptions used to determine the actuary's
penilaian aktuaris adalah sebagai berikut: valuation are as follows:
2025
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,80% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
151
Page 802
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Masa persiapan pensiun - NTBS (lanjutan) Retirement preparation period - NTBS (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025
Biaya jasa kini 348 Current service cost
Biaya jasa lalu - vested 4.590 Past service cost - vested
Biaya yang dibebankan pada Expense recognized in the
4.938
laporan laba rugi konsolidasian consolidated statement of profit or loss
Mutasi liabilitas imbalan kerja di laporan posisi keuangan Movements of net liabilities in the consolidated statement of financial
konsolidasian adalah sebagai berikut: position are as follows:
2025
Saldo awal - Beginning balance
Pembayaran imbalan (617) Payment of benefits
Beban tahun berjalan 4.938 Expense for the year
Saldo akhir 4.322 Ending balance
Program santunan kematian - NTBS The death benefit - NTBS
Pemberian santunan kematian atau uang duka adalah sebagai tanda The provision of death benefits or funeral money is a sign of the
bela sungkawa Bank apabila terjadi musibah meninggal dunia Bank's condolences in the event of the death of an employee and / or
terhadap pegawai dan atau keluarga pegawai. Pemberian santunan employee's family. The provision of compensation has been
tersebut telah diatur secara rinci didalam ketentuan Bank. Program regulated in detail in the Bank's provisions. The program is managed
tersebut dikelola sendiri oleh Bank. by the Bank itself.
Program uang duka dihitung berdasarkan Keputusan Direksi The Death Benefit period are calculated based on the Decision of the
No.SK/01.12/64/289/2020. Penilaian aktuaria atas program uang duka Board of Directors No.SK/01.12/64/289/2020. The actuarial valuation
NTBS untuk tahun yang berakhir pada tanggal 31 Desember 2025 of the NTBS the death benefit period for the year ended December
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto, aktuaris 31, 2025 was conducted by Agus Susanto Actuarial Consulting Firm,
independen, tertanggal 20 Januari 2026 sesuai dengan PSAK 219 an independent actuary, January 20, 2026 in accordance with PSAK
dengan menggunakan metode projected unit credit . Asumsi yang 219 using the Projected Unit Credit method. The assumptions used
digunakan untuk menentukan penilaian aktuaris adalah sebagai to determine the actuary's valuation are as follows:
berikut:
2025
Asumsi ekonomi Economic assumptions
Tingkat diskonto 6,80% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025
Biaya jasa kini 348 Current service cost
Biaya jasa lalu - vested 4.590 Past service cost - vested
Biaya yang dibebankan pada Expense recognized in the
laporan laba rugi konsolidasian 4.938 consolidated statement of profit or loss
152
Page 803
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program santunan kematian - NTBS (lanjutan) The death benefit - NTBS (continued)
Mutasi liabilitas imbalan kerja di laporan posisi keuangan adalah Movements of net liabilities in the consolidated statement of financial
sebagai berikut: position are as follows:
2025
Saldo awal - Beginning balance
Pembayaran imbalan (617) Payment of benefits
Beban tahun berjalan 4.938 Expenses for the current year
Saldo akhir 4.322 Ending balance
Program selisih UU No.06/2023 dengan Dana Pensiun Lembaga Difference program No.06/2023 with The Financial Institution of
Keuangan (DPLK) - NTBS Pension Fund (DPLK) - NTBS
Imbalan Pegawai dihitung berdasarkan Undang-undang Cipta Kerja Employee benefits are calculated based on the Job Creation Law No.
No. 11 Tahun 2020 dan Peraturan Pemerintah No. 35 Tahun 2021 11 of 2020 and Government Regulation No. 35 of 2021 excluding
diluar uang penggantian Imbalan yang berkaitan dengan cuti tahunan, reimbursement of benefits related to annual leave, return costs to the
ongkos pulang ketempat dimana pekerja diterima bekerja place where the employee was hired.
Penilaian aktuaria atas program selisih UU No.06/2023 dengan Dana The actuarial valuation of the difference program between Law
Pensiun Lembaga Keuangan (DPLK) NTBS untuk tahun yang berakhir No.06/2023 and the NTBS Financial Institution Pension Fund (DPLK)
pada tanggal 31 Desember 2025 dilakukan oleh Kantor Konsultan for the year ended December 31, 2025 was conducted by Agus
Aktuaria Agus Susanto, aktuaris independen, tertanggal 20 Januari Susanto Actuarial Consulting Firm, an independent actuary, dated
2026 sesuai dengan PSAK 219 dengan menggunakan metode January 20, 2026 in accordance with PSAK 219 using the Projected
projected unit credit . Asumsi yang digunakan untuk menentukan Unit Credit method. The assumptions used to determine the actuary's
penilaian aktuaris adalah sebagai berikut: valuation are as follows:
2025
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,00% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025
Biaya jasa kini 81 Current service cost
Biaya jasa lalu - vested 290 Past service cost - vested
Biaya yang dibebankan pada Expense recognized in the
371
laporan laba rugi konsolidasian consolidated statement of profit or loss
Mutasi liabilitas imbalan kerja di laporan posisi keuangan adalah Movements of net liabilities in the consolidated statement of financial
sebagai berikut: position are as follows:
2025
Saldo awal - Beginning balance
Pembayaran imbalan - Payment of benefits
Beban tahun berjalan 371 Expense for the current year
Saldo akhir 371 Ending balance
153
Page 804
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - NTBS (lanjutan) Employee Benefits Liabilities - NTBS (continued)
Program Kompensasi Perjanjian Kerja Waktu Tertentu (PKWT) - Leave Award Program for Work Agreements for Certain Time
NTBS (PKWT) - NTBS
Penilaian aktuaria atas program kompensasi perjanjian kerja waktu The actuarial valuation of the leave award program for work
tertentu NTBS untuk tahun yang berakhir pada tanggal 31 Desember agreements for certain time NTBS for the year ended December 31,
2025 dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto, 2025 was conducted by Agus Susanto Actuarial Consulting Firm, an
aktuaris independen, tertanggal 20 Januari 2026 sesuai dengan PSAK independent actuary, dated January 20, 2026 in accordance with
219 dengan menggunakan metode projected unit credit . Asumsi yang PSAK 219 using the Projected Unit Credit method. The assumptions
digunakan untuk menentukan penilaian aktuaris adalah sebagai used to determine the actuary's valuation are as follows:
berikut:
2025
Asumsi ekonomi Economic assumptions
Tingkat diskonto 4,90% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 3,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,25% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,5% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 1,0% per tahun/ per annum 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2025
Biaya jasa kini 138 Current service cost
Biaya jasa lalu - vested 70 Past service cost - vested
Biaya yang dibebankan pada Expense recognized in the
laporan laba rugi konsolidasian 208 consolidated statement of profit or loss
Mutasi liabilitas imbalan kerja di laporan posisi keuangan konsolidasi Movements of net liabilities in the consolidated statement of financial
adalah sebagai berikut: position are as follows:
2025
Saldo awal - Beginning balance
Pembayaran imbalan (48) Payment of benefits
Beban tahun berjalan 208 Expenses for the current year
Saldo akhir 160 Ending balance
Liabilitas Imbalan Kerja Karyawan - BNTT Employee Benefits Liabilities - BNTT
BNTT memberikan imbalan kerja jangka panjang dan pasca kerja BNTT provides long-term employee benefits and other post-
lainnya kepada para karyawannya yang memenuhi syarat yang terdiri employment to employees who qualify consisting of defined benefit
dari program pensiun manfaat pasti, sumbangan kematian, pesangon pension plan, mourning donation, severance and severance pay,
dan uang pisah, cuti besar serta Penghargaan Masa Bhakti (PMB). long service leave and service pay benefits.
Penilaian aktuaria atas liabilitas imbalan kerja jangka panjang dan The actuarial valuation for long-term employee benefit liabilities and
pasca kerja dihitung oleh akturia independen Kantor Konsultan post-employment are calculated by independent actuary Kantor
Aktuaria (KKA) Agus Susanto dengan menggunakan metode Konsultan Aktuaria (KKA) Agus Susanto using the projected unit
projected unit credit . credit method.
154
Page 805
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - BNTT (lanjutan) Employee Benefits Liabilities - BNTT (continued)
Program pensiun BNTT dikelola oleh Dana Pensiun PT Bank BNTT pension plan administered by Dana Pensiun PT Bank
Pembangunan Daerah Nusa Tenggara Timur. Kontribusi pegawai Pembangunan Daerah Nusa Tenggara Timur. Employee contribution
adalah sebesar 5% dari penghasilan dasar pensiun karyawan dan is 5% of their pensionable earnings and the remaining amount
sisa jumlah yang diperlukan untuk mendanai program tersebut required to fund the program is contributed by the Bank. Defined
dikontribusi oleh Bank. Program dana pensiun manfaat pasti yang benefit pension plan that last set by the Decree of Directors No.67
terakhir ditetapkan berdasarkan Surat Keputusan Direksi No.67 Tahun Year 2007 dated September 12, 2007 which was approved by the
2007 tanggal 12 September 2007 yang telah disahkan dengan Surat Ministry of Finance Decree No.KEP-174/KM.10/2008 dated August
Keputusan Menteri Keuangan No.KEP-174/KM.10/2008 tanggal 21 21, 2008.
Agustus 2008.
Program PMB dikelola sendiri oleh Bank dan diatur dalam peraturan Service pay benefits program managed by the Bank and regulated in
program PMB yang terakhir ditetapkan dengan Surat Keputusan the service pay benefits program regulation established by the
Direksi No.01.A Tahun 2007 tanggal 2 Januari 2007. Imbalan PMB Decree of Directors No.01.A Year 2007 January 2, 2007. Service pay
berupa pembayaran yang jumlahnya sebesar masing-masing 3 kali, 4 benefits rewards form of payment amount for each 3 times, 4 times, 5
kali, 5 kali dan 6 kali dari dasar pemberian penghargaan (DPP) times and 6 times of the basic award (DPP) to employees with
kepada pegawai dengan masa kerja 15 tahun, 20 tahun, 25 tahun dan services of 15 years, 20 years, 25 years and 30 years with certain
30 tahun dengan syarat-syarat tertentu. conditions.
Program Cuti Besar dikelola sendiri oleh BNTT dan merupakan Long leave program managed by the BNTT and an employee
program imbalan kerja bagi karyawan untuk penggantian hak cuti benefits program for employees to leave substantial compensation.
besar.
Penilaian aktuaria pada tanggal 31 Desember 2025 dilakukan oleh The actuarial valuation December 31, 2025 was conducted by Agus
Kantor Konsultan Aktuaria Agus Susanto, aktuaris independen, Susanto Actuarial Consulting Firm, an independent actuary, dated
tertanggal 26 Januari 2026 sesuai dengan PSAK 219 dengan January 26, 2026 in accordance with PSAK 219 using the Projected
menggunakan metode projected unit credit . Asumsi yang digunakan Unit Credit method. The assumptions used to determine the actuary's
untuk menentukan penilaian aktuaris adalah sebagai berikut: valuation are as follows:
2025
Asumsi ekonomi Economic assumptions
Kisaran tingkat diskonto 6,70% Range discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 0,01% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 0,10% per tahun/ per annum 18-45 years old
Usia 46-55 tahun 0,05% per tahun/ per annum 46-55 years old
Status aset (liabilitas) program imbalan kerja pada tanggal-tanggal 31 Status of assets (liabilities) employee benefits programs as of
Desember 2025 adalah sebagai berikut: December 31, 2025 are as follows:
Program pasca Program
kerja lainnya/ Program penghargaan
Program Other post- jangka panjang/ pengurus/
pensiun/ employment Long-term Management Jumlah/
Pension program program program awards program Total
Nilai wajar aset 1.062.236 - - - 1.062.236 Fair value of assets
Nilai kini liabilitas (1.157.668) (4.760) (58.629) (213) (1.221.271) Fair value of liabilities
Jumlah (95.432,23) (4.760,04) (58.629,46) (212,99) (159.034,72) Total
155
Page 806
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - BNTT (lanjutan) Employee Benefits Liabilities - BNTT (continued)
Rekonsiliasi atas perubahan aset (liabilitas) imbalan kerja pada Reconciliation of changes in assets (liabilities) of employee benefits
tanggal 31 Desember 2025 adalah sebagai berikut: as of December 31, 2025 are as follows:
Program pasca Program
kerja lainnya/ Program penghargaan
Program Other post- jangka panjang/ pengurus/
pensiun/ employment Long-term Management Jumlah/
Pension program program program awards program Total
Saldo awal 59.630 26.513 51.519 173 137.835 Beginning balance
Beban tahun berjalan 47.683 (21.708) 20.577 1.497 48.049 Expenses for the year
Penghasilan Other comprehensive
komprehensif lain 24.771 10.477 - 97 35.344 income
Kontribusi pemberi kerja (36.652) - - - (36.652) Employer contributions
Imbalan yang dibayarkan - (10.521) (13.466) (1.553) (25.540) Payment of benefits
Saldo akhir 95.432,23 4.760,04 58.629,46 212,99 159.034,72 Ending balance
Biaya program imbalan kerja pada tanggal 31 Desember 2025 adalah The expense of employee benefits programs as of December 31,
sebagai berikut: 2025 are as follows:
Program pasca Program
kerja lainnya/ Program penghargaan
Program Other post- jangka panjang/ pengurus/
pensiun/ employment Long-term Management Jumlah/
Pension program program program awards program Total
Biaya jasa kini/ 43.449 403 8.210 162 52.224 Current service cost
Biaya bunga/ 72.350 1.882 3.658 12 77.903 Interest cost
Rugi aktuaria - - 8.708 - 8.708 Actuarial loss
Biaya jasa lalu - (23.993) - 1.323 (22.670) Past service cost
Hasil yang diharapkan atas Results are expected on
aset dana pensiun (68.117) - - - (68.117) pension fund assets
Saldo akhir 47.683 (21.708) 20.577 1.497 48.049 Ending balance
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian pada tanggal 31 Desember 2025 income as of December 31, 2025 as follows:
adalah sebagai berikut:
Program
Program pasca penghargaan
Program kerja lainnya/ Program pengurus/
pensiun/ Other post- jangka panjang/ Management
Pension employment Long-term awards Jumlah/
program program program program Total
Saldo pada awal tahun (81.502) (11.136) - 5.171 (87.467) Balance at beginning of year
Keuntungan (kerugian) Actuarial gain (loss)
aktuaria pada kewajiban (24.771) (10.477) - (97) (35.344) on obligation
Saldo akhir (106.272) (21.613) - 5.074 (122.811) Ending balance
156
Page 807
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - BLAM Employee Benefits Liabilities - BLAM
Lampung memberikan imbalan kerja jangka panjang dan pasca kerja Lampung provides long-term employee benefits and other post-
lainnya kepada para karyawannya yang memenuhi syarat yang terdiri employment to employees who qualify consisting of defined benefit
dari program pensiun manfaat pasti, Imbalan pasca kerja lainnya dan pension plan, Other post-employment benefits and other long-term
imbalan kerja jangka panjang lainnya employee benefits
Program dana pensiun Bank ini dikelola oleh Dana Pensiun PT Bank The Bank's pension fund program is managed by the Pension Fund
Pembangunan Daerah Lampung (‘Dana Pensiun’). Kontribusi pegawai of PT Bank Pembangunan Daerah Lampung (“Pension Fund”). The
adalah sebesar 6,00% dari penghasilan dasar pensiun karyawan dan employee contribution is 6.00% of the employee's basic pension
sisa jumlah yang diperlukan untuk mendanai program tersebut income and the remaining amount needed to fund the program is
ditanggung oleh Bank Lampung. borne by Bank Lampung.
Imbalan Pegawai dihitung berdasarkan Peraturan Dana Pensiun Bank Employee Benefits calculated based on the Bank Lampung Pension
Lampung yang diatur dalam Peraturan Direksi PT Bank Pembangunan Fund Regulations which are regulated in the Directors Regulation of
Daerah Lampung No. 10 tahun 2020 dan Keputusan Direksi PT Bank PT Bank Pembangunan Daerah Lampung No. 10 of 2020 and the
Lampung No. Kep.114/DIR/SDM/X/2014 tanggal 22 Oktober 2014 dan Decree of the Directors of PT Bank Lampung No.
telah disahkan dengan Keputusan Dewan Komisioner OJK No. Kep- Kep.114/DIR/SDM/X/2014 dated October 22, 2014 and has been
3294/NB.1/2014 tanggal 22 Desember 2014. ratified by OJK Board of Commissioners Decree No. Kep-3294/NB.
1/2014 dated December 22, 2014.
Penilaian aktuaria pada tanggal 31 Desember 2025 dilakukan oleh The actuarial valuation December 31, 2025 was conducted by Agus
Kantor Konsultan Aktuaria Agus Susanto, aktuaris independen, Susanto Actuarial Consulting Firm, an independent actuary, dated
tertanggal 30 Desember 2025 sesuai dengan PSAK 219 dengan December 30, 2025 in accordance with PSAK 219 using the
menggunakan metode projected unit credit . Asumsi yang digunakan Projected Unit Credit method. The assumptions used to determine
untuk menentukan penilaian aktuaris adalah sebagai berikut: the actuary's valuation are as follows:
2025
Asumsi ekonomi Economic assumptions
Kisaran tingkat diskonto 6,60% Range discount rate
Tingkat kenaikan penghasilan dasar pensiun 4,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 10,00% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-29 tahun 6,00% per tahun/ per annum 18-29 years old
Usia 30-45 tahun menurun linier sampai 0%/ decreased linierly until 0% 30-45 years old
Usia 46-55 tahun 1,00% per tahun/ per annum 46-55 years old
Rekonsiliasi atas perubahan aset (liabilitas) imbalan kerja pada Reconciliation of changes in assets (liabilities) of employee benefits
tanggal 31 Desember 2025 adalah sebagai berikut: as of December 31, 2025 are as follows:
Imbalan pasca kerja
lainnya dan imbalan
kerja jangka panjang
lainnya/Other post-
Program employment benefits
pensiun/ and other long-term Jumlah/
Pension program employee benefits Total
Saldo awal 8.191 57.295 65.486 Beginning balance
Beban tahun berjalan 6.248 6.867 13.115 Expenses for the year
Penghasilan Other comprehensive
komprehensif lain 14.966 (5.783) 9.183 income
Kontribusi pemberi kerja (6.645) - (6.645) Employer contributions
Imbalan yang dibayarkan - (8.517) (8.517) Payment of benefits
Saldo akhir 22.760 49.862 72.622 Ending balance
157
Page 808
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - BLAM (lanjutan) Employee Benefits Liabilities - BLAM (continued)
Biaya program imbalan kerja pada tanggal 31 Desember 2025 adalah The expense of employee benefits programs as of December 31,
sebagai berikut: 2025 are as follows:
Imbalan pasca kerja
lainnya dan imbalan
kerja jangka panjang
lainnya/Other post-
Program employment benefits
pensiun/ and other long-term Jumlah/
Pension program employee benefits Total
Biaya jasa kini 5.667 4.494 10.161 Current service cost
Biaya bunga 581 4.068 4.649 Interest cost
Rugi aktuaria - (1.695) (1.695) Actuarial loss
Saldo akhir 6.248 6.867 13.115 Ending balance
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian pada tanggal 31 Desember 2025 income as of December 31, 2025 as follows:
adalah sebagai berikut:
Imbalan pasca kerja
lainnya dan imbalan
kerja jangka panjang
lainnya/Other post-
Program employment benefits
pensiun/ and other long-term Jumlah/
Pension program employee benefits Total
Saldo pada awal tahun 41.757 29.820 71.577 Balance at beginning of year
Keuntungan (kerugian) Actuarial gain (loss)
aktuaria pada kewajiban 14.965 8.516 23.481 on obligation
Saldo akhir 56.722 38.336 95.058 Ending balance
Liabilitas Imbalan Kerja Karyawan - BSTR Employee Benefits Liabilities - BSTR
Sultra memberikan imbalan kerja jangka panjang dan pasca kerja Sultra provides long-term employee benefits and other post-
lainnya kepada para karyawannya yang memenuhi syarat yang terdiri employment benefits to its eligible employees, consisting of a defined
dari program pensiun manfaat pasti , cuti besar dan penghargaan benefit pension program, long leave, and certain long-service
masa kerja tertentu. awards.
Imbalan pegawai dihitung berdasarkan Peraturan Dana Pensiun Bank Employee benefits are calculated based on the Pension Fund
Pembangunan Daerah Sulawesi Tenggara yang diatur dalam Regulation of Bank Pembangunan Daerah Sulawesi Tenggara, as
Keputusan Direksi PT Bank Pembangunan Daerah Sulawesi stipulated in the Decree of the Board of Directors of PT Bank
Tenggara No.016/Kpts.DIR.BPD/2018 tanggal 12 Februari 2018 yang Pembangunan Daerah Sulawesi Tenggara
telah disahkan berdasarkan Keputusan Dewan Komisioner OJK No.016/Kpts.DIR.BPD/2018 dated February 12, 2018, which has
No.Kep-777/NB.11/2018 tanggal 20 Agustus 2018. been approved pursuant to the Decree of the Board of
Commissioners of the Financial Services Authority (OJK) No.Kep-
777/NB.11/2018 dated August 20, 2018.
Program dana pensiun ini dikelola oleh Dana Pensiun PT Bank The pension fund program is managed by the Pension Fund of PT
Pembangunan Daerah Sulawesi Tenggara (Dana Pensiun). Kontribusi Bank Pembangunan Daerah Sulawesi Tenggara (the Pension Fund).
pegawai sebesar 5% dari penghasilan dasar pensiun karyawan dan Employees contribute 5% of their pensionable base salary, and the
sisa jumlah yang diperlukan untuk mendanai program tersebut remaining amount required to fund the program is borne by the Bank.
ditanggung oleh Bank.
158
Page 809
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - BSTR (lanjutan) Employee Benefits Liabilities - BSTR (continued)
Penilaian aktuaria pada tanggal 31 Desember 2025 dilakukan oleh The actuarial valuation December 31, 2025 was conducted by Agus
Kantor Konsultan Aktuaria Agus Susanto, aktuaris independen, Susanto Actuarial Consulting Firm, an independent actuary, dated
tertanggal 19 Februari 2026 sesuai dengan PSAK 219 dengan February 19, 2026 in accordance with PSAK 219 using the Projected
menggunakan metode projected unit credit . Asumsi yang digunakan Unit Credit method. The assumptions used to determine the actuary's
untuk menentukan penilaian aktuaris adalah sebagai berikut: valuation are as follows:
2025
Asumsi ekonomi Economic assumptions
Kisaran tingkat diskonto 6,60% Range discount rate
Tingkat kenaikan penghasilan dasar pensiun 4,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% Investment yield of plan asset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 56 tahun/years Normal retirement age
Tingkat cacat 10,00% Mortalita/Mortality Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-29 tahun 6,00% per tahun/ per annum 18-29 years old
Usia 30-45 tahun menurun linier sampai 0%/ decreased linierly until 0% 30-45 years old
Usia 46-55 tahun 1,00% per tahun/ per annum 46-55 years old
Rekonsiliasi atas perubahan aset (liabilitas) imbalan kerja pada Reconciliation of changes in assets (liabilities) of employee benefits
tanggal 31 Desember 2025 adalah sebagai berikut: as of December 31, 2025 are as follows:
Cuti besar dan
Program penghargaan masa kerja
pensiun/ tertentu/Long service Jumlah/
Pension program leave and awards Total
Saldo awal 23.803 (29.507) (5.704) Beginning balance
Beban tahun berjalan (13.855) (9.619) (23.474) Expenses for the year
Penghasilan Other comprehensive
komprehensif lain (8.763) (1.391) (10.154) income
Kontribusi pemberi kerja 20.558 - 20.558 Employer contributions
Imbalan yang dibayarkan - 7.625 7.625 Payment of benefits
Saldo akhir 21.743 (32.892) (11.149) Ending balance
Biaya program imbalan kerja pada tanggal 31 Desember 2025 adalah The expense of employee benefits programs as of December 31,
sebagai berikut: 2025 are as follows:
Cuti besar dan
Program penghargaan masa kerja
pensiun/ tertentu/Long service Jumlah/
Pension program leave and awards Total
Biaya jasa kini 13.855 6.111 19.966 Current service cost
Biaya bunga 20.390 2.095 22.485 Interest cost
Pendapatan bunga dari aset (22.080) - (22.080) Interest income from assets
Dampak batasan aset 1.690 - 1.690 Impact of assets limits
Laba (rugi) aktuaria - 1.413 1.413 Actuarial gain (loss)
Saldo akhir 13.855 9.619 23.474 Ending balance
159
Page 810
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Liabilitas Imbalan Kerja Karyawan - BSTR (lanjutan) Employee Benefits Liabilities - BSTR (continued)
Pengukuran kembali (kerugian) keuntungan di penghasilan Remeasurement of (loss) gain in consolidated other comprehensive
komprehensif lain konsolidasian pada tanggal 31 Desember 2025 income as of December 31, 2025 as follows:
adalah sebagai berikut:
Cuti besar dan
Program penghargaan masa kerja
pensiun/ tertentu/Long service Jumlah/
Pension program leave and awards Total
Saldo pada awal tahun 45.223 5.615 50.838 Balance at beginning of year
Keuntungan (kerugian) Actuarial gain (loss)
aktuaria pada kewajiban (10.453) (1.391) (11.844) on obligation
Dampak batasan aset 3.750 - 3.750 The impact of asset limits
Saldo akhir 38.520 4.224 42.744 Ending balance
160
Page 811
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
Dalam kegiatan normal usaha, Grup melakukan transaksi dengan In the normal course of business, the Group enters into certain
pihak berelasi karena hubungan kepemilikan dan/atau kepengurusan. transactions with parties which are related to the management
Semua transaksi dengan pihak-pihak berelasi telah dilakukan dengan and/or owned by the same ultimate shareholder. All transactions
kebijakan dan syarat yang telah disepakati bersama. with related parties have met the agreed terms and conditions.
Sifat dari hubungan/ Sifat dari transaksi/
Pihak berelasi Nature of relationship Nature of transactions Related parties
Pemerintah Provinsi Jawa Timur Pemegang saham / Shareholder Penempatan dana / Fund placement Government of East Java Province
Pemerintah Provinsi Pemegang saham Entitas Anak/ Penempatan dana / Fund placement Government of
Nusa Tenggara Barat Subsidiary Shareholder West Nusa Tenggara Province
Pemerintah Provinsi Pemegang saham Entitas Anak/ Penempatan dana / Fund placement Government of
Nusa Tenggara Timur Subsidiary Shareholder East Nusa Tenggara Province
Pemerintah Provinsi Pemegang saham Entitas Anak/ Penempatan dana / Fund placement Government of
Sulawesi Tenggara Subsidiary Shareholder Southeast Sulawesi Province
Pemerintah Provinsi Lampung Pemegang saham Entitas Anak/ Penempatan dana / Fund placement Government of Lampung Province
Subsidiary Shareholder
PT Banten Global Development Pemegang saham Entitas Penempatan dana / Fund placement PT Banten Global Development
Asosiasi/
Associates Shareholder
Pemerintah Kabupaten: Government of Regencies:
Kabupaten Sidoarjo Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Sidoarjo
Kabupaten Bojonegoro Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Bojonegoro
Kredit yang diberikan, Penempatan dana /
Kabupaten Banyuwangi Pemegang saham / Shareholder Regency of Banyuwangi
Loans, Fund placement
Kabupaten Malang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Malang
Kabupaten Gresik Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Gresik
Kabupaten Tuban Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Tuban
Kabupaten Ngawi Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Ngawi
Kabupaten Kediri Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Kediri
Kabupaten Sumenep Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Sumenep
Kabupaten Kraksaan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Kraksaan
Kabupaten Jember Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Jember
Pemegang saham / Shareholder Kredit yang diberikan, Penempatan dana /
Kabupaten Lamongan Regency of Lamongan
Loans, Fund placement
Kabupaten Sampang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Sampang
Kabupaten Bondowoso Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Bondowoso
Kabupaten Trenggalek Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Trenggalek
Kabupaten Mojokerto Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Mojokerto
Kabupaten Nganjuk Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Nganjuk
Kabupaten Situbondo Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Situbondo
Kabupaten Tulungagung Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Tulungagung
Kabupaten Lumajang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Lumajang
Kabupaten Pacitan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Pacitan
Kabupaten Pasuruan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Pasuruan
Kabupaten Pamekasan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Pamekasan
Kabupaten Blitar Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Blitar
Kabupaten Bangkalan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Bangkalan
Kabupaten Madiun Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Madiun
Kabupaten Jombang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Jombang
Kabupaten Ponorogo Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Ponorogo
Kabupaten Magetan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Magetan
Pemerintah Kota: Government of Municipalities:
Pemegang saham / Shareholder Kredit yang diberikan, Penempatan dana /
Kota Surabaya Municipality of Surabaya
Loans, Fund placement
Kota Madiun Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Madiun
Kota Malang Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Malang
Kota Pasuruan Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Pasuruan
Kota Mojokerto Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Mojokerto
Kota Batu Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Batu
161
Page 812
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. TRANSAKSI DENGAN PIHAK BERELASI (lanjutan) 45. TRANSACTIONS WITH RELATED PARTIES (continued)
Sifat dari hubungan/ Sifat dari transaksi/
Pihak berelasi Nature of relationship Nature of transactions Related parties
Pemerintah Kota (lanjutan): Government of Municipalities (continued):
Kota Probolinggo Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Probolinggo
Kota Blitar Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Blitar
Kota Kediri Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Kediri
PT Bank Pembangunan Daerah Entitas anak / Subsidiary Penempatan dana / Fund placement PT Bank Pembangunan Daerah
Nusa Tenggara Barat Nusa Tenggara Barat
PT Bank Pembangunan Daerah Entitas anak / Subsidiary Penempatan dana / Fund placement PT Bank Pembangunan Daerah
Nusa Tenggara Timur Nusa Tenggara Timur
PT Bank Pembangunan Daerah Entitas anak / Subsidiary Penempatan dana / Fund placement PT Bank Pembangunan Daerah
Sulawesi Tenggara Sulawesi Tenggara
PT Bank Pembangunan Daerah Entitas anak / Subsidiary Penempatan dana / Fund placement PT Bank Pembangunan Daerah
Lampung Lampung
PT Bank Pembangunan Daerah Entitas anak / Subsidiary Penempatan dana, Giro pada bank lain / PT Bank Pembangunan Daerah
Banten (Perseroda) Tbk Fund placement , Current account with Banten (Perseroda) Tbk
other banks
PT Bank Perkreditan Rakyat Dimiliki oleh pemegang saham Kredit yang diberikan/Loans PT Bank Perkreditan Rakyat
Jawa Timur (Perseroda) akhir yang sama/Owned by the Jawa Timur (Perseroda)
ultimate shareholder Penempatan dana / Fund placement
Dewan Komisaris, Direksi dan Karyawan kunci/ Key Penempatan dana / Fund placement Board of Commissioners,
pejabat eksekutif management personnel Simpanan nasabah / Deposits from Board of Directors and
Pengurus/Management customers executive officers
Saldo aset produktif, simpanan, pinjaman yang diterima dan komitmen The outstanding balances of earning assets, deposits, borrowings
dan kontinjensi dari pihak berelasi adalah sebagai berikut: and commitments and contingencies with related parties were as
follows:
2025 2024
ASET ASSETS
Kredit yang diberikan dan
pembiayaan syariah (Catatan 11) Loans and sharia financing (Note 11)
Pinjaman manajemen kunci 100.973 102.306 Loans to key managements
Pemerintah Daerah Kabupaten Banyuwangi 253.926 - Banyuwangi Regency Government
Pemerintah Daerah Kabupaten Lamongan 44.689 - Lamongan Regency Government
Pemerintah Daerah Kabupaten Surabaya 208.366 - Surabaya Regency Government
Lain-lain 95.799 10.138 Others
Jumlah 703.753 112.444 Total
Persentase terhadap jumlah aset 0,42% 0,10% Percentage to total assets
LIABILITAS LIABILITIES
Simpanan dari nasabah (Catatan 20) 14.058.003 12.268.842 Deposits from customers (Note 20)
Persentase terhadap jumlah liabilitas 9,61% 11,85% Percentage to total liabilities
Simpanan dari bank lain (Catatan 21) Deposits from other banks (Note 21)
PT Bank Perekonomian Rakyat PT Bank Perekonomian Rakyat
Jawa Timur (Perseroda) 49.848 44.323 Jawa Timur (Perseroda)
Persentase terhadap jumlah liabilitas 0,03% 0,04% Percentage to total liabilities
2025 2024
LABA RUGI DAN PENGHASILAN PROFIT OR LOSS AND
KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Pendapatan bunga (Catatan 32) 11.492 6.515 Interest income (Note 32)
Persentase terhadap jumlah Percentage to total
0,11% 0,08%
pendapatan bunga dan syariah interest and sharia income
Beban bunga dan syariah (Catatan 33) 427.369 477.325 Interest and sharia expenses (Note 33)
Persentase terhadap jumlah Percentage to total interest
13,90% 17,97%
beban bunga dan syariah and sharia expenses
162
Page 813
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. TRANSAKSI DENGAN PIHAK BERELASI (lanjutan) 45. TRANSACTIONS WITH RELATED PARTIES (continued)
Kompensasi manajemen kunci Compensation of key management personnel
Jumlah remunerasi yang telah dan akan dibayar untuk tahun 31 Total remuneration paid and payable for year ended December 31,
Desember 2025 dan 2024 untuk Dewan Komisaris, masing-masing 2025 dan 2024 to the Board of Commissioners were Rp12,649 and
adalah Rp12.649 dan Rp18.533 dan untuk Direksi, masing-masing Rp18,533 respectively, and to the Board of Directors were Rp38,131
adalah Rp38.131 dan Rp45.410. and Rp45,410 respectively.
Kompensasi kepada personil manajemen kunci Grup (di luar The compensation of key management personnel of the Group
Komisaris dan Direksi) adalah sebagai berikut: (excluding Commissioners and Directors) are follows:
2025 2024
Imbalan kerja jangka pendek 43.108 41.507 Short-term employee benefits
Imbalan kerja jangka panjang lainnya 1.860 2.221 Other long-term employee benefits
Imbalan pasca kerja 12.741 9.882 Post-employment benefits
Jumlah 57.709 53.610 Total
Persentase terhadap jumlah Percentage of
beban tenaga kerja 2,64% 3,07% total personnel expenses
46. PENERUSAN KREDIT 46. CHANNELING LOANS
Grup mengadakan perjanjian dengan berbagai pihak penyedia dana The Group entered into agreements with lenders to distribute credit
untuk menyalurkan kredit ke sektor usaha tertentu yang ditetapkan for certain business sectors as determined by the lenders. The
oleh pihak penyedia dana. Grup tidak menanggung risiko atas kredit Group does not have any credit risk pertaining to the channeling
yang disalurkan tersebut, tetapi berkewajiban melaksanakan, loans, but it is responsible to implement, administer and manage the
menatausahakan dan mengelola dana kredit yang dikeluarkan dan funds distributed and the Group collects an administration fee for
sebagai imbalan Grup menerima jasa administrasi atas penerusan channeling loans of 1% of the loans disbursed.
kredit sebesar 1% dari kredit yang disalurkan.
a. Rincian saldo kredit kelolaan berdasarkan penyedia dana a. The details of balances of channeling loans based on the
adalah sebagai berikut: sources of funds (lenders) are as follows:
2025 2024
Bank Indonesia 402.523 402.524 Bank Indonesia
Pemerintah Provinsi Jawa Timur 112.377 127.513 Government of East Java Province
Kementerian Koperasi dan Usaha The Ministry of Cooperatives
Kecil dan Menengah 53.799 43.405 Small and Medium Scale Enterprises
Yayasan Dana Sejahtera Mandiri 15.942 15.942 Dana Sejahtera Mandiri Foundation
Departemen Kehutanan dan Forestry and Plantation Department
Perkebunan Republik Indonesia 15.326 15.326 of the Republic of Indonesia
Dinas Koperasi dan Pengusaha Department of Cooperatives and Small and
Kecil dan Menengah 11.629 12.104 Medium Enterprises
Departemen Keuangan Republik Indonesia 9.219 8.898 Department of Finance of the Republic of Indonesia
Yayasan Abadi Karya Bhakti 6.038 6.038 Abadi Karya Bhakti Foundation
Dinas Peternakan Provinsi Jawa Timur 1.825 2.068 Livestock Division of East Java Province
Jumlah 628.678 633.818 Total
b Rincian saldo kredit kelolaan berdasarkan sektor ekonomi b. The details of balances of channeling loans based on
adalah sebagai berikut: economic sector are as follows:
2025 2024
Jasa kemasyarakatan dan sosial budaya 518.659 521.958 Social culture and community services
Pertanian, perburuan dan kehutanan 39.714 41.303 Agriculture. hunting and forestry
Perdagangan besar dan eceran 33.101 33.681 Wholesale and retail
Jasa kesehatan dan kegiatan sosial 9.219 8.795 Health service and social activities
Penyediaan akomodasi makan dan minum 8.067 8.102 Provision of food and drink accommodation
Kegiatan yang belum jelas batasannya 5.643 5.658 Undefined activities
Industri pengolahan 5.370 5.512 Processing industry
Perikanan 4.832 5.225 Fishery
Perantara keuangan 2.789 3.026 Financial intermediary
Jasa perorangan melayani rumah tangga 997 271 Individual service which serve households
Transportasi, perdagangan dan komunikasi 201 201 Transportation, trading and communication
Real estate, usaha persewaan dan jasa 51 51 Real estate, rental and business services
Konstruksi 27 27 Construction
Pertambangan dan penggalian 8 8 Mining and quarying
Jumlah 628.678 633.818 Total
163
Page 814
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
47. INFORMASI SEGMEN USAHA 47. SEGMENT INFORMATION
Informasi yang berkaitan dengan segmen usaha yang operasi dari Information concerning the operating segment information of the
Grup disajikan dalam tabel di bawah ini: Group is set out in the table below:
2025
Konventional/ Syariah / Eliminasi /
Jumlah / Total
Conventional Sharia Elimination
Pendapatan segmen 8.887.089 1.404.219 1.913.628 12.204.936 Segment income
Beban segmen (2.396.998) (677.672) (1.913.628) (4.988.298) Segment expenses
Pendapatan segmen - bersih 6.490.091 726.547 - 7.216.638 Segment Income - net
Pendapatan operasional lainnya 673.572 401.580 - 1.075.152 Other operating income
Penyisihan kerugian penurunan Provision for impairment
nilai atas aset keuangan losses on financial and
dan non keuangan (1.703.308) (245.871) - (1.949.179) non-financial assets
Beban operasional lainnya (3.487.073) (815.541) - (4.302.614) Other operating expense
Laba operasional 1.973.282 66.715 - 2.039.997 Income from operations
Pendapatan non-operasional - bersih 48.880 3.766 - 52.646 Non-operating income - net
Beban pajak - bersih (463.042) (12.408) - (475.450) Tax expense - net
Laba tahun berjalan 1.559.120 58.073 - 1.617.193 Profit for the year
Jumlah aset 146.261.067 22.593.776 - 168.854.843 Total assets
2024
Konventional/ Syariah / Eliminasi /
Jumlah / Total
Conventional Sharia Elimination
Pendapatan segmen 6.980.032 1.401.775 1.015.842 7.365.965 Segment income
Beban segmen (2.058.037) (598.172) (1.015.842) (1.640.367) Segment expenses
Pendapatan segmen - bersih 4.921.995 803.603 - 5.725.598 Segment Income - net
Pendapatan operasional lainnya 593.220 239.018 - 832.238 Other operating income
Penyisihan kerugian penurunan Provision for impairment
nilai atas aset keuangan losses on financial and
dan non keuangan (1.208.872) (78.723) - (1.287.595) non-financial assets
Beban operasional lainnya (2.963.801) (649.439) - (3.613.240) Other operating expense
Laba operasional 1.342.542 314.459 - 1.657.001 Income from operations
Pendapatan (beban) non-operasional - bersih 26.845 (1.129) - 25.716 Non-operating income (expense) - net
Beban pajak - bersih (315.710) (71.189) - (386.899) Tax expense - net
Laba tahun berjalan 1.053.677 242.141 - 1.295.818 Profit for the year
Jumlah aset 97.631.731 20.561.416 (51.020) 118.142.127 Total assets
48. MANAJEMEN RISIKO 48. RISK MANAGEMENT
Fungsi manajemen risiko dalam pelaksanaannya melakukan Risk management function includes identification, assessment,
identifikasi, penilaian, pengukuran, evaluasi, monitoring, dan measurement, evaluation, monitoring and risk controls, including
pengendalian risiko terkait pula pengembangan sistem teknologi dan development of technology and management information systems
informasi manajemen, serta peningkatan kualitas sumber daya and improvement of human resources quality in risk management.
manusia dalam mengelola risiko.
Penerapan manajemen risiko di Grup mengacu pada Peraturan Implementation of Group's risk management in accordance with the
Otoritas Jasa Keuangan (POJK) No.18/POJK.03/2016 tanggal 16 Financial Services Authority Regulation (POJK)
Maret 2016 tentang Penerapan Manajemen Risiko bagi Bank Umum. No.18/POJK.03/2016 dated March 16, 2016 regarding Application of
Risk Management for Commercial Banks.
Pengelolaan risiko tidak hanya terbatas pada pemantauan, pelaporan Risk management is not merely related to monitoring, reporting, and
dan evaluasi terhadap risiko-risiko yang terjadi, namun juga evaluating the risks, but also detecting and anticipating the possible
mendeteksi dan mengantisipasi risiko-risiko yang mungkin terjadi. risks.
Pengawasan aktif Dewan Komisaris dan Direksi Grup sangatlah Active monitoring from the Boards of Commissioners and Directors
penting, termasuk membentuk beberapa unit kerja yang bersifat is essential, including establishing several permanent working units
permanen maupun komite untuk menunjang proses pengendalian or ad hoc committees to support the risks control process. This is
risiko. Hal ini diwujudkan dengan pembentukan Divisi Pengendalian implemented by establishing a Risk Management Division and other
Risiko serta beberapa komite seperti Komite Pemantau Risiko, Komite several committees such as Risk Monitoring Committee, Risk
Manajemen Risiko, Komite Aset dan Liabilitas, Komite Manajemen Management Committee, Assets and Liabilities Committee,
Kepegawaian dan Komite Pengarah IT. Personnel Management and IT Steering Committee.
Grup selalu menyempurnakan seluruh ketentuan internal terkait The Group continously improves internal policies related to risk
pengelolaan risiko, termasuk dari sisi kebijakan, pedoman, prosedur management, including policies, standardized operations,
dan pemanfaatan teknologi informasi. procedures, and information technology utilization.
164
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT 49. CREDIT RISK
Sesuai dengan kompleksitas usahanya, Grup telah mengelola 8 In accordance with the complexity of business, the Group has
(delapan) jenis risiko yaitu risiko kredit, risiko likuiditas, risiko pasar, managed 8 (eight) risks, namely credit risk, liquidity risk, market risk,
risiko operasional, risiko hukum, risiko reputasi, risiko stratejik dan operational risk, compliance risk, legal risk, strategic risk and
risiko kepatuhan. reputation risk.
Setiap triwulan, Grup telah menyusun profil risiko yang secara garis In quarterly, the Group has prepared the risks profile globally which
besar dapat mencerminkan tingkat risiko yang dimiliki oleh Grup. reflected the Group's risk rate.
Kerangka manajemen risiko Risk management framework
Organisasi manajemen risiko Grup melibatkan pengawasan dari The Group’s risk management organization involves oversight from
Dewan Komisaris, Direksi dan Komite Pemantau Risiko. Komite the Board of Commissioner, the Board of Directors, and the Risk
Pemantau Risiko merupakan pengawas risiko tertinggi di Dewan Monitoring Committee. The Risk Monitoring Committee is the
Komisaris. Komite Pemantau Risiko tersebut menyetujui dan highest risk authority in the Board of Commissioner level. The Risk
memonitor pelaksanaan kerangka dan kebijakan manajemen risiko Monitoring Committee approves and monitors the implementation of
Grup. Dewan Komisaris mendelegasikan kuasa kepada Direktur risk management framework and policies of the Group. Board of
Utama dan Direksi untuk mengimplementasikan strategi manajemen Commissioner delegate authority to the President Director and
risiko. Komite Pemantau Risiko dibentuk oleh Direksi dan Board of Directors to implement the risk management strategy. The
bertanggungjawab untuk mengelola risiko yang ada di Grup. Risk Monitoring Committee is established by the Board of Directors
and is responsible for managing risk of the Group.
Kebijakan manajemen risiko Grup ditetapkan untuk mengidentifikasi The Group’s risk management policies are established to identify
dan menganalisa risiko-risiko yang dihadapi Grup, untuk menetapkan and analyse the risks faced by the Group, to set appropriate risk
batasan risiko dan pengendalian yang sesuai, serta untuk mengawasi limits and controls, and to monitor risks and adherence to limits
risiko dan kepatuhan terhadap batasan yang telah ditetapkan. determined. Risk management policies and systems are reviewed
Kebijakan dan sistem manajemen risiko ditelaah secara berkala untuk regularly to reflect changes in market conditions, products and
mencerminkan perubahan dalam kondisi pasar, produk, dan jasa yang services offered. The Group, through its training and management
ditawarkan. Grup, melalui pelatihan serta standar dan prosedur standards and procedures, aims to develop a disciplined and
pengelolaan, berusaha untuk mengembangkan lingkungan constructive control environment, in which all employees understand
pengendalian yang taat dan konstruktif, dimana semua karyawan their roles and obligations.
memahami tugas dan kewajiban mereka.
Komite Audit Grup memiliki tanggung jawab untuk memantau The Group’s Audit Committee is responsible for monitoring
kepatuhan terhadap kebijakan dan prosedur manajemen risiko, dan compliance with the Group’s risk management policies and
untuk menelaah kecukupan kerangka manajemen risiko yang terkait procedures, and for reviewing the adequacy of the risk management
dengan risiko-risiko yang dihadapi oleh Grup. Dalam menjalankan framework in relation to the risks faced by the Group. The Group’s
fungsinya, Komite Audit dibantu oleh Satuan Kerja Audit Intern. Satuan Audit Committee is assisted in these functions by Internal Audit Task
Kerja Audit Intern secara berkala maupun sesuai kebutuhan, Force. Internal Audit Task Force undertakes both regular and ad-
menelaah pengendalian dan prosedur manajemen risiko dan hoc reviews of risk management controls and procedures, the
melaporkan hasilnya ke Komite Audit Grup. results of which are reported to the Group’s Audit Committee.
Komite Pemantau Risiko mengawasi perkembangan kebijakan The Risk Monitoring Committee supervises the development of risk
manajemen risiko dan menilai penerapannya. Komite juga management policies and assesses the implementation. The
memberikan nasihat mengenai strategi manajemen risiko yang harus Committee also provides advice on the risk management strategy to
digunakan oleh Grup. Dalam melaksanakan fungsi pengawasan, be employed by the Group. In conducting its oversight role, the Risk
Komite Pemantau Risiko akan melakukan pengawasan dan evaluasi Monitoring Committee will also monitor and evaluate the
kinerja Komite Manajemen Risiko. performance of the Risk Management Committee.
Risiko kredit adalah risiko akibat wanprestasi debitur dan/atau pihak Credit risk is the risk of debtors and/or counterparties failure to fulfil
lawan (counterparty ) dalam memenuhi liabilitas kepada Grup. their obligations to the Group. In relation to the specific credit risk
Terhadap eksposur risiko kredit spesifik seperti kredit perorangan, exposure such as individual credits, inter-bank facilities and others,
fasilitas antar bank dan sebagainya, Grup melakukan evaluasi secara the Group separately evaluates credit risk based on factors which
tersendiri dengan menggunakan faktor yang dapat saja berbeda, may be different, according to the specific characteristics of each
sesuai dengan karakteristik spesifik dari setiap jenis eksposur. Dalam exposure. In managing credit risk, the Group has credit policies and
mengelola risiko kredit, Grup telah memiliki kebijakan dan pedoman standard operation procedures that are enhanced periodically in
perkreditan, yang disempurnakan secara berkala, dengan tetap accordance with independent risk management principles based on
didasarkan pada prinsip pengelolaan risiko yang independen sesuai Bank Indonesia regulations, and other external regulations.
dengan peraturan Bank Indonesia dan peraturan eksternal lainnya.
Pengendalian risiko kredit terkait penyediaan dana dengan limit Control of the credit risks related to the provision of funds above a
minimal tertentu harus melalui Komite Kebijakan Perkreditan. Dalam certain minimum limit requires approval by the Credit Committee. In
rangka pengendalian risiko kredit secara komprehensif, Grup terus the comprehensive credit risk control, the Group continuously
meninjau dan menyempurnakan pelaksanaan fungsi pengendalian reviews and improves the credit risk control function which is
risiko kredit yang dijalankan oleh unit yang terekspos terhadap risiko conducted by the risk taking unit, among others, by establishing a
diantaranya dengan pembentukan fungsi analis kredit di cabang. credit analyst function in the branch.
Pengelolaan risiko kredit yang lebih khusus dilakukan atas portofolio Specific credit risk management is performed on the non-performing
kredit yang bermasalah. Upaya yang dilakukan diantaranya adalah loans portfolio. Such efforts, among others, are restructuring of non-
restrukturisasi fasilitas kredit yang bermasalah, pembentukan performing loans, providing allowances to cover potential losses,
pencadangan untuk menutup potensi kerugian, hingga pelaksanaan and write-offs. Specific policy on non-performing loans management
hapus buku. Kebijakan pengelolaan kredit bermasalah telah process has been implemented, including establishing special
dilaksanakan, termasuk pembentukan unit kerja khusus untuk working units to handle such loans.
mengelola kredit bermasalah.
165
Page 816
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
Kerangka manajemen risiko (lanjutan) Risk management framework (continued)
Grup telah menjalankan proses identifikasi, pengukuran, pemantauan, The Group identifies, measures, monitors, and controls risks which
dan pengendalian risiko yang mencakup profil risiko kredit secara include credit risk profiles integrated in a comprehensive risk
terintegrasi dalam suatu proses manajemen risiko yang komprehensif. management process.
a. Risiko kredit maksimum a. Maximum credit risk
Untuk aset keuangan yang diakui di laporan posisi keuangan For financial assets recognized in the consolidated statements
konsolidasian, eksposur maksimum terhadap risiko kredit sama of financial position, the maximum exposure to credit risk
dengan nilai tercatatnya. Untuk bank garansi yang diterbitkan, L/C equals their carrying amounts. For the Group guarantees
dan SKBDN yang masih berjalan yang dapat dibatalkan, eksposur issued and outstanding revocable L/Cs and Domestic L/Cs,
maksimum terhadap risiko kredit adalah nilai maksimum yang harus the maximum exposure to credit risk is the maximum amount
dibayarkan oleh Grup jika liabilitas atas bank garansi, L/C, dan that the Group has to pay if the obligations under the Group
SKBDN tersebut terjadi. Untuk fasilitas kredit kepada nasabah yang guarantees issued and outstanding revocable L/Cs and
belum digunakan, eksposur maksimum terhadap risiko kredit Domestic L/Cs are called upon. For unused loans
adalah sebesar komitmen tersebut. commitments granted to customers, the maximum exposure to
credit risk is the committed amount.
Eksposur maksimum Grup terhadap risiko kredit untuk instrumen The Group’s maximum exposure to credit risk of consolidated
keuangan pada laporan posisi keuangan konsolidasian dan statements of financial position and administrative accounts
rekening administrasi, dinilai tanpa memperhitungkan agunan yang financial instruments, is valued without taking into account any
dimiliki atau perlindungan kredit lainnya. collateral held or other credit enhancement.
166
Page 817
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b Risiko konsentrasi kredit b. Credit concentration risk
Pada tanggal 31 Desember 2025 dan 2024, pengungkapan risiko As of December 31, 2025 and 2024, the disclosure of the
kredit maksimum berdasarkan konsentrasi sebelum maximum credit risk by concentration without taking into
memperhitungkan agunan yang dimiliki dan perjanjian master account any collateral held and master netting agreements is
netting adalah sebagai berikut: as follows:
2025
Jawa selain
Jawa Timur /
Java other
Jawa Timur / than East Kalimantan / Lain-lain / Jumlah /
East Java Java Sumatera Borneo Others Total
Posisi keuangan Financial position
Giro pada Bank Indonesia - 6.620.239 - - - 6.620.239 Current accounts with Bank Indonesia
Giro pada bank lain 340.401 217.762 - - 117.144 675.307 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 387.342 6.713.500 149.766 430.000 871.877 8.552.485 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 453.601 14.308.847 200.000 200.000 973.385 16.135.833 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain - 11.636.375 - - - 11.636.375 comprehensive income
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) - 334.836 - - - 334.836 or loss (FVTPL)
Tagihan dari surat berharga Receivable from marketable
yang dibeli dengan janji securities purchased
dijual kembali 3.670.208 2.628.523 - 784.535 547.552 7.630.818 under resale agreement
Tagihan spot dan derivatif - 2.165 - - - 2.165 Receivables of spot and derivatif
Tagihan lainnya 273.223 - 66.244 - - 339.467 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 60.264.527 5.426.943 6.958.372 2.908 34.136.233 106.788.983 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 795.555 - 324.047 - - 1.119.602 Accrued interest income
Jumlah 66.184.857 47.889.190 7.698.429 1.417.443 36.646.191 159.836.110 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 2.907.896 1.212.435 51.105 1 402.566 4.574.003 to customers
Bank garansi yang Bank guarantees
diterbitkan 466.612 182.355 96.157 51 64.662 809.837 issued
Jumlah 3.374.508 1.394.790 147.262 52 467.228 5.383.840 Total
167
Page 818
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
2024
Jawa selain
Jawa Timur /
Java other
Jawa Timur / than East Kalimantan / Lain-lain / Jumlah /
East Java Java Sumatera Borneo Others Total
Posisi keuangan Financial position
Giro pada Bank Indonesia - 5.584.147 - - - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain 413.433 57.064 - - 34.310 504.807 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 209.187 923.817 149.891 - 349.297 1.632.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - 16.320.611 300.000 195.000 100.000 16.915.611 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain - 12.598.425 - - - 12.598.425 comprehensive income
Tagihan dari surat berharga Receivable from marketable securities
yang dibeli dengan purchased under
dijual kembali - 608.214 - 9.646 - 617.860 under resale agreement
Tagihan spot dan derivatif - 1.144 - - - 1.144 Receivables of spot and derivatif
Tagihan lainnya 243.005 - 11.331 - - 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 56.473.882 5.879.198 245.648 1.111 10.639.677 73.239.516 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 746.817 - 43.703 - - 790.520 Accrued interest income
Jumlah 58.086.325 41.972.619 750.573 205.757 11.123.284 112.138.558 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 2.972.505 1.118.173 4.684 1 166.646 4.262.009 to customers
Bank garansi yang Bank guarantees
diterbitkan 514.700 173.515 - - 4.082 692.297 issued
Jumlah 3.487.205 1.291.688 4.684 1 170.728 4.954.306 Total
168
Page 819
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
Konsentrasi risiko kredit berdasarkan sektor industri Concentration of credit risk by industry sector
2025
Pemerintah Lembaga
dan Bank keuangan
Indonesia / bukan bank / Perusahaan
Government Non-bank lainnya /
and Bank financial Other Perseorangan Jumlah /
Indonesia institution Bank / Banks companies / Individuals Total
Posisi keuangan Financial position
Giro pada Bank Indonesia 6.620.239 - - - - 6.620.239 Current accounts with Bank Indonesia
Giro pada bank lain - - 675.307 - - 675.307 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 4.191.690 - 4.360.795 - - 8.552.485 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 11.797.003 - 3.124.598 1.214.232 - 16.135.833 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain 11.601.006 - 35.369 - - 11.636.375 comprehensive income
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) 334.836 - - - - 334.836 or loss (FVTPL)
Tagihan dari surat berharga Receivable from marketable securities
yang dibeli dengan purchased under
janji dijual kembali 391.159 - 7.239.659 - - 7.630.818 resale agreement
Tagihan spot dan derivatif - - - - 2.165 2.165 Receivables of spot and derivatif
Tagihan lainnya - - - - 339.467 339.467 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 632.014 520.975 611.922 11.374.149 93.649.923 106.788.983 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima - - - - 1.119.602 1.119.602 Accrued interest income
Jumlah 35.567.947 520.975 16.047.650 12.588.381 95.111.157 159.836.110 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 387.606 136.310 48.418 3.255.156 746.513 4.574.003 to customers
Bank garansi yang Bank guarantees
diterbitkan 179 551 - 805.831 3.276 809.837 issued
Jumlah 387.785 136.861 48.418 4.060.987 749.789 5.383.840 Total
169
Page 820
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
Konsentrasi risiko kredit berdasarkan sektor industri Concentration of credit risk by industry sector
2024
Pemerintah Lembaga
dan Bank keuangan
Indonesia / bukan bank / Perusahaan
Government Non-bank lainnya /
and Bank financial Other Perseorangan Jumlah /
Indonesia institution Bank / Banks companies / Individuals Total
Posisi keuangan Financial position
Giro pada Bank Indonesia 5.584.147 - - - - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain - - 504.807 - - 504.807 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 665.000 - 967.192 - - 1.632.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 12.101.972 574.763 2.923.654 1.315.222 - 16.915.611 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain 12.598.425 - - - - 12.598.425 comprehensive income
Tagihan dari surat berharga Receivable from marketable securities
yang dibeli dengan purchased under
janji dijual kembali - - 617.860 - - 617.860 resale agreement
Tagihan spot dan derivatif - - - - 1.144 1.144 Receivables of spot and derivatif
Tagihan lainnya - - - - 254.336 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 135.926 486.594 437.244 12.210.399 59.969.353 73.239.516 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima - - - - 790.520 790.520 Accrued interest income
Jumlah 31.085.470 1.061.357 5.450.757 13.525.621 61.015.353 112.138.558 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 9.819 109.578 58.709 3.457.528 626.375 4.262.009 to customers
Bank garansi yang Bank guarantees
diterbitkan - 500 - 691.009 788 692.297 issued
Jumlah 9.819 110.078 58.709 4.148.537 627.163 4.954.306 Total
c. Agunan dan perlindungan kredit lainnya c. Collateral and other credit enhancements
Grup telah memiliki buku pedoman tentang cara menilai dan jenis The Group has a guidebook on how to value the type of
jaminan yang bisa diterima sebagai mitigasi risiko kredit. Beberapa collateral that can be accepted as credit risk mitigation. Some
agunan utama yang diperoleh adalah tanah, bangunan dan major collateral obtained includes land, buildings and vehicles.
kendaraan. Grup juga memiliki beberapa fasilitas kredit yang The Group also has certain credit facilities guaranteed by third
mendapat penjaminan dari pihak ketiga. parties.
Umumnya, agunan diperlukan untuk setiap pemberian kredit Generally, collateral is required for all credits extended as a
sebagai sumber sekunder pelunasan kredit dan sebagai salah satu secondary source of credit repayment and also as a form of
bentuk mitigasi risiko kredit. Sumber utama pelunasan kredit adalah credit risk mitigation. The primary source of credit repayment is
dari hasil usaha debitur. the funds generated from business operations of the
borrowers.
170
Page 821
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
d. Kualitas aset keuangan d. Quality of financial assets
Grup telah memiliki kebijakan yang telah diterapkan secara The Group has a policy that has been consistently applied for
konsisten untuk pemeringkatan risiko atas portofolio aset risk assessment of the financial asset portfolio. This rating
keuangan. Sistem peringkat ini didukung oleh berbagai analisis system is supported by a variety of financial analyses,
keuangan, dikombinasikan dengan informasi pasar yang telah combined with market information that has been processed for
diolah guna pengukuran risiko pihak lawan. Semua peringkat risiko the measurement of counterparty risk. All risk ratings are
disesuaikan dengan berbagai kategori dan ditentukan sesuai adjusted to the various categories and ranks as determined in
dengan panduan peringkat Bank Indonesia. accordance with Bank Indonesia’s rating guidance.
e. Evaluasi penurunan nilai e. Impairment assesment
Pengukuran risiko kredit Credit risk measurement
Estimasi eksposur kredit untuk tujuan manajemen risiko adalah The estimation of credit exposure for risk management
kompleks dan mensyaratkan penggunaan model, karena eksposur purposes is complex and requires the use of models, as the
yang bervariasi dengan perubahan kondisi pasar, arus kas exposure varies with changes in market conditions, expected
ekspektasian dan berlalunya waktu. Penilaian risiko kredit dari cash flows and the passage of time. The assessment of credit
portofolio aset memerlukan estimasi lebih lanjut mengenai risk of a portfolio of assets entails further estimations as to the
kemungkinan terjadinya gagal bayar, rasio kerugian terkait dan likelihood of defaults occurring, of the associated loss ratios
korelasi gagal bayar antara pihak lawan. Grup mengukur risiko and of default correlations between counterparties. The Group
kredit menggunakan Probability of Default (PD), Exposure at measures credit risk using Probability of Default (PD),
Default (EAD) dan Loss Given Default (LGD). Hal ini sama dengan Exposure at Default (EAD) and Loss Given Default (LGD). This
pendekatan yang digunakan untuk tujuan mengukur Kerugian is similar to the approach used for the purposes of measuring
Kredit Ekspektasian (ECL) berdasarkan PSAK 109. Expected Credit Loss (ECL) under PSAK 109.
Pengukuran kerugian kredit ekspektasian Expected credit loss measurement
PSAK 109 mengikhtisarkan model “tiga stage ” untuk penurunan PSAK 109 outlines a “three-stage” model for impairment based
nilai berdasarkan perubahan kualitas kredit sejak pengakuan awal on changes in credit quality since initial recognition as
seperti diikhtisarkan di bawah ini: summarised below:
- Instrumen keuangan yang tidak mengalami penurunan nilai pada - A financial instrument that is not credit-impaired on initial
pengakuan awal diklasifikasikan ke dalam “Stage 1” dan risiko recognition is classified in ‘Stage 1’ and has its credit risk
kreditnya terus dipantau oleh Grup. continuously monitored by the Group.
- Jika peningkatan signifikan dalam risiko kredit (SICR) sejak - If a significant increase in credit risk (SICR) since initial
pengakuan awal diidentifikasi, instrumen keuangan dipindahkan recognition is identified, the financial instrument is moved to
ke “Stage 2” tetapi belum diakui sebagai kredit yang mengalami ‘Stage 2’ but is not yet deemed to be credit-impaired.
penurunan nilai.
- Jika instrumen keuangan mengalami penurunan nilai, instrumen - If the financial instrument is credit-impaired, the financial
keuangan kemudian dipindahkan ke “Stage 3”. instrument is then moved to “Stage 3”.
- Instrumen keuangan pada Stage 1 memiliki ECL yang diukur - Financial instruments in Stage 1 have their ECL measured
pada jumlah yang sama dengan bagian dari kerugian kredit at an amount equal to the portion of lifetime expected credit
ekspektasian sepanjang umurnya yang dihasilkan dari peristiwa losses that result from default events possible within the
gagal bayar yang mungkin terjadi dalam 12 bulan ke depan. next 12 months. Instruments in Stages 2 or 3 have their
Instrumen dalam Stage 2 atau 3 ECL diukur berdasarkan pada ECL measured based on expected credit losses on a
kerugian kredit ekspektasian sepanjang umurnya. lifetime basis.
- Konsep pervasif dalam mengukur ECL sesuai dengan PSAK 109 - A pervasive concept in measuring ECL in accordance with
adalah bahwa konsep tersebut harus mempertimbangkan PSAK 109 is that it should consider forward-looking
informasi perkiraan masa depan. information.
- Aset keuangan yang dibeli atau yang berasal dari aset keuangan - Purchased or originated credit-impaired financial assets are
yang memburuk adalah aset keuangan yang mengalami those financial assets that are credit-impaired on initial
penurunan nilai pada saat pengakuan awal. ECL selalu diukur recognition. Their ECL is always measured on a lifetime
sepanjang umurnya (Stage 3). basis (Stage 3).
171
Page 822
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Peningkatan signifikan pada risiko kredit (SICR) Significant increase in credit risk (SICR)
Grup mempertimbangkan instrumen keuangan telah mengalami The Group consider a financial instrument to have experienced
peningkatan risiko kredit yang signifikan ketika peminjam significant increase in credit risk when the borrower is more
menunggak pembayaran kontraktualnya lebih dari 30 hari. than 30 days past due on its contractual payments.
Kriteria kuantitatif Quantitative criteria
Peminjam yang tertunggak lebih dari 90 hari atas pembayaran The borrower is more than 90 days past due on its contractual
kontraktualnya. payments.
Kriteria kualitatif Qualitative criteria
Peminjam memenuhi kriteria tidak mampu membayar, yang The borrower meets unlikeliness to pay criteria, which
menunjukkan peminjam dalam kesulitan keuangan yang signifikan, indicates the borrower is in significant financial difficulty, as
sebagaimana dijelaskan pada Catatan 2o. described in Note 2o.
Definisi gagal bayar dan aset yang mengalami penurunan nilai Definition of default and credit-impaired assets
kredit
Kriteria kualitatif Qualitative criteria
Kriteria tersebut telah diterapkan pada semua instrumen keuangan The criteria have been applied to all financial instruments held
yang dimiliki oleh Grup dan konsisten dengan definisi gagal bayar by the Group and are consistent with the definition of default
yang digunakan untuk tujuan manajemen risiko kredit internal. used for internal credit risk management purposes. The default
Definisi gagal bayar telah diterapkan secara konsisten untuk model definition has been applied consistently to model the
Probability of Default (PD), Exposure at Default (EAD) dan Loss Probability of Default (PD), Exposure at Default (EAD) and
Given Default (LGD) sepanjang perhitungan kerugian ekspektasian Loss given Default (LGD) throughout the Group’s expected
Grup. loss calculations.
Pertimbangan utama dalam melakukan evaluasi penurunan nilai The main considerations for the loan impairment assessment
kredit yang diberikan khususnya pembayaran pokok atau bunga include whether any payments of principal or interest are
yang jatuh tempo lebih dari 90 hari atau terdapat kesulitan atau overdue by more than 90 days or there are any known
pelanggaran dari persyaratan yang terdapat dalam kontrak awal. difficulties, or non-compliance of the original terms of the
Grup melakukan evaluasi penurunan nilai dengan dua metode yaitu contract. The Group evaluates impairment assessments using
evaluasi penurunan nilai secara individual dan kolektif. two methods: individual and collective impairment assessment.
Grup menentukan penyisihan kerugian penurunan nilai secara The Group determines the allowances for impairment losses
individual untuk masing-masing kredit yang diberikan yang for each significant loan on an individual basis.
signifikan.
Hal-hal yang dipertimbangkan dalam menentukan jumlah Items considered when determining allowance for impairment
penyisihan kerugian penurunan nilai antara lain kemampuan losses include the sustainability of the debtors’ business plan,
debitur untuk memperbaiki kinerja saat menghadapi kesulitan its ability to improve performance once a financial difficulty has
keuangan, proyeksi penerimaan dan ekspektasi pengeluaran saat arisen, projected receipts and the expected payout should
terjadi kepailitan, ketersediaan dukungan keuangan lainnya, bankruptcy occurs, the availability of other financial support,
termasuk klaim terhadap pihak asuransi, nilai agunan yang dapat including claim for the insurance party, the realizability of
direalisasikan, dan ekspektasi waktu diperolehnya arus kas. collateral, and the timing of expected cash flows.
Penyisihan kerugian penurunan nilai dievaluasi setiap tanggal The allowance for impairment losses is evaluated at each
pelaporan. Sedangkan evaluasi penyisihan kerugian penurunan reporting date. The allowance for impairment losses based on
nilai secara kolektif dilakukan atas kredit yang diberikan yang tidak collective evaluation is made for the loans which are not
signifikan secara individual. Namun bila ada bukti obyektif individually significant. But if there is objective evidence of
penurunan nilai khususnya pembayaran pokok atau bunga impairment or certain principal payment or interest are
menunggak lebih dari 90 hari, sistem akan menghitung penurunan outstanding for more than 90 days, the system will calculate
nilai secara individual. the individual impairment.
172
Page 823
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Mengukur ECL - Penjelasan input, asumsi dan teknik estimasi Measuring ECL – Explanation of inputs, assumptions and
estimation techniques
Kerugian Kredit Ekspektasian (ECL) diukur pada basis 12 bulan The Expected Credit Loss (ECL) is measured on either a 12-
atau sepanjang umurnya tergantung apakah peningkatan signifikan month or Lifetime basis depending on whether a significant
dalam risiko kredit telah terjadi sejak pengakuan awal atau apakah increase in credit risk has occurred since initial recognition or
suatu aset dianggap telah mengalami penurunan nilai. Kerugian whether an asset is considered to be credit-impaired. Expected
kredit ekspektasian adalah hasil diskonto dari PD, EAD dan LGD, credit losses are the discounted product of the PD, EAD and
didefinisikan sebagai berikut: LGD, defined as follows:
- PD mewakili kemungkinan peminjam gagal bayar atas kewajiban - The PD represents the likelihood of a borrower defaulting on
keuangannya (sesuai “definisi default dan kredit yang mengalami its financial obligation (as per “definition of default and credit-
penurunan nilai” di atas), baik selama 12 bulan ke depan, atau impaired” above), either over the next 12 months, or over
selama sisa umurnya (PD sepanjang umurnya) dari kewajiban. the remaining lifetime (lifetime PD) of the obligation.
- EAD didasarkan pada jumlah yang diharapkan dari Grup pada - EAD is based on the amounts the Group expects to be
saat gagal bayar, selama 12 bulan ke depan atau selama sisa owed at the time of default, over the next 12 months or over
umurnya (lifetime EAD). Misalnya, untuk komitmen revolving , the remaining lifetime (lifetime EAD). For example, for a
Grup memasukkan saldo yang ditarik saat ini ditambah jumlah revolving commitment, the Group includes the current
yang diharapkan akan ditarik hingga batas kontrak pada saat drawn balance plus any further amount that is expected to
gagal bayar, jika hal itu terjadi. be drawn up to the current contractual limit by the time of
default, should it occur.
- (LGD) mewakili ekspektasi Grup tentang tingkat kerugian pada - (LGD) represents the Group’s expectation of the extent of
eksposur gagal bayar. LGD dinyatakan sebagai persentase loss on a defaulted exposure. LGD is expressed as a
kerugian per unit eksposur pada saat gagal bayar (EAD). percentage loss per unit of exposure at the time of default
(EAD).
ECL ditentukan dengan memproyeksikan PD, LGD dan EAD untuk The ECL is determined by projecting the PD, LGD and EAD for
setiap bulan berikutnya dan untuk setiap eksposur individu atau each future month and for each individual exposure or
segmen kolektif. Tiga komponen ini dikalikan bersama. Perhitungan collective segment. These three components are multiplied
efektif ECL ini dilakukan untuk setiap bulan berikutnya, yang together. This effectively calculates an ECL for each future
kemudian didiskontokan kembali ke tanggal pelaporan dan month, which is then discounted back to the reporting date and
dijumlahkan. Tingkat diskonto yang digunakan pada perhitungan summed. The discount rate used in the ECL calculation is the
ECL adalah suku bunga efektif awal atau perkiraannya. original effective interest rate or an approximation thereof.
EAD 12 bulan dan sepanjang umurnya ditentukan berdasarkan The 12 month and lifetime EADs are determined based on the
profil pembayaran yang diharapkan, yang bervariasi berdasarkan expected payment profile, which varies by product type.
jenis produk.
- Untuk produk yang diamortisasi dan pinjaman dengan - For amortising products and bullet repayment loans, this is
pembayaran di akhir, didasarkan pada pembayaran kontraktual based on the contractual repayments owed by the borrower
yang terutang oleh peminjam selama 12 bulan atau sepanjang over a 12 month or lifetime basis. This will also be adjusted
umurnya. Hal ini juga akan disesuaikan dengan pembayaran for any expected overpayments made by a borrower. Early
lebih yang diharapkan dari peminjam. Asumsi repayment/refinance assumptions are also incorporated into
pembayaran/pembiayaan kembali lebih awal juga dimasukkan ke the calculation.
dalam perhitungan.
- Untuk produk revolving , eksposur pada gagal bayar diperkirakan - For revolving products, the exposure at default is predicted
dengan mengambil saldo saat ini yang telah ditarik dan by taking current drawn balance and adding a “credit
menambahkan "faktor konversi kredit" yang diharapkan untuk conversion factor” which allows for the expected drawdown
ditarik dari batas yang tersisa pada saat gagal bayar. Asumsi- of the remaining limit by the time of default. These
asumsi ini bervariasi berdasarkan jenis produk dan batasan assumptions vary by product type and current limit
pemanfaatan limit, berdasarkan analisis dari data standar terkini utilisation band, based on analysis of the Group recent
Grup. default data.
LGD ditentukan berdasarkan faktor-faktor yang mempengaruhi The LGDs are determined based on the factors which impact
pemulihan yang dibuat pasca gagal bayar. Hal ini bervariasi the recoveries made post default. These vary by product type.
berdasarkan jenis produk. LGD ini dipengaruhi oleh strategi These LGD’s are influenced by collection strategies, including
penagihan, termasuk penjualan dan harga utang kontraktual. contracted debt sales and price.
Perkiraan informasi ekonomi masa depan (forward-looking ) juga Forward-looking economic information is also included in
termasuk dalam menentukan PD 12 bulan dan sepanjang umurnya, determining the 12 month and lifetime PD, EAD and LGD.
EAD dan LGD. Asumsi-asumsi ini bervariasi berdasarkan jenis These assumptions vary by product type.
produk.
Asumsi yang mendasari perhitungan ECL seperti bagaimana profil The assumptions underlying the ECL calculation - such as how
PD dan lain-lain dipantau dan ditelaah setiap tahun. the maturities profile of the PDs and others – are monitored
and reviewed on a yearly basis.
Tidak ada perubahan signifikan dalam teknik estimasi atau asumsi There have been no significant changes in estimation
signifikan yang dibuat selama periode pelaporan. techniques or significant assumptions made during the
reporting period.
173
Page 824
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Informasi perkiraan masa depan yang tergabung dalam model Forward-looking information incorporated in the ECL
ECL models
Penilaian SICR dan perhitungan ECL keduanya menggabungkan The assessment of SICR and the calculation of ECL both
informasi berwawasan ke depan. Grup telah melakukan analisis incorporate forward-looking information. The Group has
historis dan mengidentifikasi variabel ekonomi utama yang performed historical analysis and identified the key economic
berdampak pada risiko kredit dan kerugian kredit yang diperkirakan variables impacting credit risk and expected credit losses for
untuk masing-masing portofolio. each portfolio.
Variabel ekonomi ini dan dampaknya yang terkait pada PD, EAD These economic variables and their associated impact on the
dan LGD bervariasi menurut instrumen keuangan. Perkiraan PD, EAD and LGD vary by financial instrument. Forecasts of
variabel-variabel ekonomi ini (skenario ekonomi dasar) disediakan these economic variables (the base economic scenario) are
oleh Grup setiap tahun dan memberikan pandangan estimasi provided by the Group on a quarterly basis and provide the
ekonomi terbaik selama 3 (tiga) tahun ke depan. Dampak dari best estimate view of the economy over the next 3 (three)
variabel-variabel ekonomi ini pada PD, EAD dan LGD telah years. The impact of these economic variables on the PD,
ditentukan dengan melakukan analisis regresi statistik untuk EAD and LGD has been determined by performing statistical
memahami dampak perubahan dalam variabel-variabel ini secara regression analysis to understand the impact changes in these
historis pada tingkat standar dan pada komponen-komponen LGD variables have had historically on default rates and on the
dan EAD. components of LGD and EAD.
Selain skenario ekonomi, Grup juga menyediakan skenario lain In addition to the base economic scenario, the Group’s
yang memungkinkan beserta bobot skenario. Jumlah skenario lain Economics team also provide other possible scenarios along
yang digunakan ditetapkan berdasarkan analisis setiap jenis produk with scenario weightings. The number of other scenarios used
utama untuk memastikan non-linearitas diketahui. Jumlah skenario is set based on the analysis of each major product type to
dan atributnya dinilai kembali pada setiap tanggal pelaporan. Bobot ensure non-linearities are captured. The number of scenarios
skenario ditentukan oleh kombinasi analisis statistik dan analisa and their attributes are reassessed at each reporting date. The
kredit, dengan mempertimbangkan kisaran hasil yang mungkin scenario weightings are determined by a combination of
masing-masing skenario yang dipilih mewakili. statistical analysis and expert credit judgement, taking account
of the range of possible outcomes each chosen scenario is
representative of.
Penilaian SICR dilakukan dengan menggunakan PD sepanjang The assessment of SICR is performed using the Lifetime PD
umurnya di masing-masing basis, dan skenario lainnya, dikalikan under each of the base, and the other scenarios, multiplied by
dengan pembobotan skenario terkait. Hal ini menentukan apakah the associated scenario weighting. This determines whether
seluruh instrumen keuangan berada dalam Tahap 1, Tahap 2, atau the whole financial instrument is in Stage 1, Stage 2, or Stage
Tahap 3 dan karenanya apakah ECL 12 bulan atau sepanjang 3 and hence whether 12-month or lifetime ECL should be
umurnya harus dicatat. Setelah penilaian ini, Grup mengukur ECL recorded. Following this assessment, the Group measures
sebagai probabilitas tertimbang ECL 12 bulan (Stage 1), atau ECL as either a probability weighted 12 month ECL (Stage 1),
probabilitas tertimbang ECL sepanjang umurnya (Stage 2 dan 3). or a probability weighted lifetime ECL (Stages 2 and 3). These
Probabilitas ECL terbobot ini ditentukan dengan menjalankan setiap probability-weighted ECLs are determined by running each
skenario melalui model ECL yang relevan dan mengalikannya scenario through the relevant ECL model and multiplying it by
dengan pembobotan skenario yang sesuai. the appropriate scenario weighting.
Asumsi variabel ekonomi Economic variable assumptions
Seperti halnya perkiraan ekonomi, proyeksi dan kemungkinan As with any economic forecasts, the projections and
terjadinya tunduk pada tingkat ketidakpastian bawaan yang tinggi likelihoods of occurrence are subject to a high degree of
dan oleh karena itu hasil aktual memungkinkan berbeda secara inherent uncertainty and therefore the actual outcomes may be
signifikan dengan yang diproyeksikan. Grup menganggap ramalan significantly different to those projected. The Group considers
ini untuk mewakili perkiraan terbaik dari hasil yang mungkin dan these forecasts to represent its best estimate of the possible
telah menganalisis non-linearitas dan asimetri dalam portofolio outcomes and has analysed the non-linearities and
Grup yang berbeda untuk menetapkan bahwa skenario yang dipilih asymmetries within the Group’s different portfolios to establish
tepat mewakili berbagai skenario yang memungkinkan. that the chosen scenarios are appropriately representative of
the range of possible scenarios.
174
Page 825
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Penyisihan kerugian Loss allowance
Penyisihan kerugian yang diakui pada periode tersebut dipengaruhi The loss allowance recognized in the period is impacted by a
oleh berbagai faktor, seperti dijelaskan di bawah ini: variety of factors, as described below:
- Transfer antara Stage 1 dan Stage 2 atau 3 karena instrumen - Transfers between Stage 1 and Stages 2 or 3 due to
keuangan mengalami peningkatan (atau penurunan) risiko kredit financial instruments experiencing significant increases (or
yang signifikan atau menjadi kredit yang mengalami penurunan decreases) of credit risk or becoming credit-impaired in the
nilai dalam periode tersebut, dan akibatnya “peningkatan” (atau period, and the consequent “step up” (or “step down”)
“penurunan”) antara 12 bulan dan ECL sepanjang umurnya; between 12-month and Lifetime ECL;
- Penyisihan tambahan untuk instrumen keuangan baru yang - Additional allowances for new financial instruments
diakui selama periode berjalan, serta penghentian pengakuan recognized during the period, as well as releases for
instrumen keuangan pada periode tersebut; financial instruments de-recognized in the period;
- Dampak pada pengukuran ECL karena perubahan PD, EAD dan - Impact on the measurement of ECL due to changes in PDs,
LGD pada periode tersebut, yang timbul dari perubahan input EADs and LGDs in the period, arising from regular
secara rutin ke model; refreshing of inputs to models;
- Dampak pada pengukuran ECL karena perubahan yang - Impacts on the measurement of ECL due to changes made
dilakukan pada model dan asumsi; dan to models and assumptions; and
- Aset keuangan dihentikan pengakuannya selama periode - Financial assets derecognized during the period and write-
berjalan dan penghapusan cadangan terkait dengan aset yang offs of allowances related to assets that were written off
dihapusbukukan selama periode berjalan. during the period.
Kebijakan penghapusbukuan Write-off policy
Grup menghapus aset keuangan, seluruhnya atau sebagian, ketika The Group writes off financial assets, in whole or in part, when
telah melakukan semua upaya pemulihan dan telah menyimpulkan it has exhausted all practical recovery efforts and has
bahwa tidak ada ekspektasi yang wajar atas pemulihan. Indikator concluded there is no reasonable expectation of recovery.
bahwa tidak ada ekspektasi pemulihan yang masuk akal termasuk Indicators that there is no reasonable expectation of recovery
(i) menghentikan aktivitas proses hukum dan (ii) ketika metode include (i) ceasing enforcement activity and (ii) where the
pemulihan Grup adalah pengambilalihan agunan dan nilai agunan Group’s recovery method is foreclosing on collateral and the
sedemikian rupa sehingga tidak ada ekspektasi yang wajar untuk value of the collateral is such that there is no reasonable
pemulihan sepenuhnya. expectation of recovering in full.
Grup dapat menghapusbukukan aset keuangan yang masih The Group may write-off financial assets that are still subject to
mengacu pada enforcement activity . Jumlah saldo kontraktual dari enforcement activity. The outstanding contractual amounts of
aset yang dihapusbukukan selama periode yang berakhir pada such assets written off during the period ended December 31,
tanggal 31 Desember 2025 adalah Rp1.061.984. Grup masih 2025 was Rp1,061,984. The Group still seeks to recover
berupaya untuk memulihkan jumlah yang secara legal terutang amounts it is legally owed in full.
sepenuhnya.
Modifikasi aset keuangan Modification of financial assets
Grup dapat melakukan modifikasi persyaratan pinjaman yang The Group sometimes modifies the terms of loans provided to
diberikan kepada pelanggan karena negosiasi ulang, atau untuk customers due to commercial renegotiations, or for distressed
pinjaman yang bermasalah, dengan maksud untuk memaksimalkan loans, with a view to maximising recovery.
pemulihan.
Kegiatan restrukturisasi tersebut termasuk pengaturan Such restructuring activities include extended payment term
perpanjangan jangka waktu pembayaran, fleksibilitas pembayaran arrangements, payment holidays and payment forgiveness.
dan keringanan pembayaran. Kebijakan dan praktik restrukturisasi Restructuring policies and practices are based on indicators or
didasarkan pada indikator atau kriteria yang, menurut penilaian criteria which, in the judgement of management, indicate that
manajemen, mengindikasikan bahwa pembayaran kemungkinan payment will most likely continue. These policies are kept
besar akan berlanjut. Kebijakan ini terus ditinjau terus menerus. under continuous review. Restructuring is most commonly
Restrukturisasi paling sering diterapkan pada pinjaman berjangka. applied to term loans.
Risiko gagal bayar aset tersebut setelah modifikasi dinilai pada The risk of default of such assets after modification is
tanggal pelaporan dan dibandingkan dengan risiko berdasarkan assessed at the reporting date and compared with the risk
ketentuan awal pada saat pengakuan awal, ketika modifikasi under the original terms at initial recognition, when the
tersebut tidak substansial sehingga tidak mengakibatkan modification is not substantial and so does not result in
penghentian pengakuan aset awal. Grup memantau kinerja derecognition of the original asset. The Group monitors the
selanjutnya dari aset yang dimodifikasi. Grup dapat menentukan subsequent performance of modified assets. The Group may
bahwa risiko kredit telah meningkat secara signifikan setelah determine that the credit risk has significantly improved after
restrukturisasi, sehingga aset dipindahkan dari Stage 3 atau Stage restructuring, so that the assets are moved from Stage 3 or
2 (ECL sepanjang umurnya) ke Stage 1 (ECL 12 bulan). Stage 2 (Lifetime ECL) to Stage 1 (12-month ECL).
Grup terus memantau jika terdapat peningkatan risiko kredit The Group continues to monitor if there is a subsequent
berikutnya yang signifikan sehubungan dengan aset tersebut significant increase in credit risk in relation to such assets
melalui penggunaan model spesifik untuk aset yang dimodifikasi. through the use of specific models for modified assets.
175
Page 826
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Pemetaan risiko kredit - Treasury Credit risk grading - Treasury
Untuk instrumen utang dalam portofolio Treasury, peringkat kredit For debt securities in the Treasury portfolio, external rating
lembaga pemeringkat eksternal digunakan. Peringkat yang agency credit grade are used. These published grades are
digunakan ini diamati dan diperbarui secara berkelanjutan. Tingkat continuously monitored and updated. The PD's associated with
PD terkait didasarkan pada tingkat gagal bayar yang terealisasi each grade are determined based on realised default rates as
seperti yang diterbitkan oleh lembaga pemeringkat. published by the rating agency.
Skala master memberikan masing-masing kategori peringkat The master scale assigns each rating category a specified
kisaran probabilitas gagal bayar yang ditentukan, yang stabil dari range of probabilities of default, which is stable over time. The
waktu ke waktu. Metode penilaian tunduk pada validasi dan rating methods are subject to an annual validation and
kalibrasi ulang tahunan sehingga mencerminkan proyeksi terbaru recalibration so that they reflect the latest projections in the
mengingat semua standar yang sebenarnya diamati. light of all actually observed default.
Berikut ini adalah risiko kredit berdasarkan klasifikasi evaluasi Below are credit risks based on the allowance for impairment
penurunan nilai pada tanggal 31 Desember 2025 dan 2024: losses assessment classification as of December 31, 2025
and 2024:
2025
Cadangan
kerugian
penurunan
nilai /
Allowance Nilai tercatat
Nilai tercatat for bersih / Net
Tahap 1 / Tahap 2 / Tahap 3 / / Carrying impairment carrying
Stage 1 Stage 2 Stage 3 amount losses amount
Posisi keuangan Financial position
Giro pada Bank Indonesia 6.620.239 - - 6.620.239 - 6.620.239 Current accounts with Bank Indonesia
Giro pada bank lain 675.483 - - 675.483 176 675.307 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 8.552.865 - - 8.552.865 380 8.552.485 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 16.136.086 - - 16.136.086 253 16.135.833 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain 11.636.375 - - 11.636.375 - 11.636.375 comprehensive income
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) 334.836 - - 334.836 - 334.836 or loss (FVTPL)
Tagihan dari surat berharga Receivable from marketable
yang dibeli dengan janji securities purchased
dijual kembali 7.630.818 - - 7.630.818 - 7.630.818 under resale agreement
Tagihan spot dan derivatif 2.165 - - 2.165 - 2.165 Receivables of spot and derivatif
Tagihan lainnya 433.130 - - 433.130 93.663 339.467 Other receivables
Kredit yang diberikan 104.963.948 1.458.156 4.080.516 110.502.620 3.713.637 106.788.983 Loans
Aset lain-lain 544.257 - - 544.257 59.678 484.579 Other assets
Jumlah 157.530.202 1.458.156 4.080.516 163.068.874 3.867.787 159.201.087 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 4.358.554 5.096 210.353 4.574.003 - 4.574.003 to customers
Bank garansi yang Bank guarantees
diterbitkan 809.837 - - 809.837 - 809.837 issued
Jumlah 5.168.391 5.096 210.353 5.383.840 - 5.383.840 Total
176
Page 827
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
2024
Cadangan
kerugian
penurunan
nilai /
Allowance Nilai tercatat
Nilai tercatat for bersih / Net
Tahap 1 / Tahap 2 / Tahap 3 / / Carrying impairment carrying
Stage 1 Stage 2 Stage 3 amount losses amount
Posisi keuangan Financial position
Giro pada Bank Indonesia 5.584.147 - - 5.584.147 - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain 505.084 - - 505.084 277 504.807 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 1.633.470 - - 1.633.470 1.278 1.632.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 16.918.663 - - 16.918.663 3.052 16.915.611 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain 12.598.425 - - 12.598.425 - 12.598.425 comprehensive income
Tagihan dari surat berharga Receivable from marketable
dibeli dengan janji securities purchased
dijual kembali 617.860 - - 617.860 - 617.860 under resale agreement
Tagihan spot dan derivatif 1.144 - - 1.144 - 1.144 Receivables of spot and derivatif
Tagihan lainnya 333.339 - - 333.339 79.003 254.336 Other receivables
Kredit yang diberikan 71.454.151 863.037 3.035.552 75.352.740 2.113.224 73.239.516 Loans
Aset lain-lain 332.618 - - 332.618 - 332.618 Other assets
Jumlah 109.978.901 863.037 3.035.552 113.877.490 2.196.834 111.680.656 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 4.077.033 4.033 180.943 4.262.009 (1.189) 4.260.820 to customers
Bank garansi yang Bank guarantees
diterbitkan 692.329 - - 692.329 (32) 692.297 issued
Jumlah 4.769.362 4.033 180.943 4.954.338 (1.221) 4.953.117 Total
177
Page 828
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Pengukuran Kerugian Kredit Ekpektasian Measurement of Expected Credit Loss
Perhitungan pencadangan Grup mengacu pada PSAK 109 yang The calculation of the Group provisions refers to PSAK 109
memperkenalkan metode kerugian kredit ekspektasian dalam which introduces the expected credit loss method to measure
mengukur kerugian instrumen keuangan akibat penurunan nilai the loss of a financial instrument resulting from the impairment
instrumen keuangan. PSAK 109 mensyaratkan pengakuan segera of financial instruments. PSAK 109 requires immediate
atas dampak perubahan kerugian kredit ekspektasian setelah recognition for the impact of expected credit loss changes after
pengakuan awal aset keuangan. initial recognition of the financial asset.
Jika pada tanggal pelaporan, risiko kredit atas instrumen keuangan If at the reporting date, credit risk on a financial instrument has
tidak meningkat secara signifikan sejak pengakuan awal, Grup not increased significantly since initial recognition, the Group
mengukur penyisihan kerugian untuk instrumen keuangan tersebut shall measure the allowance for losses for that financial
sejumlah kerugian ekspektasian 12 (dua belas) bulan. Grup instrument at the amount of 12 (twelve) months expected
mengukur penyisihan kerugian instrumen keuangan sejumlah losses. The Group shall measure the allowance for losses on a
kerugian kredit ekspektasian sepanjang umurnya, jika risiko kredit financial instrument at the amount of expected credit losses
atas instrumen keuangan tersebut meningkat secara signifikan over its lifetime, if the credit risk on that financial instrument
sejak pengakuan awal. has increased significantly since initial recognition.
Grup mengembangkan permodelan parameter risiko seperti PD The Group develops risk parameter modelling such as PD
(Probability of Default ), LGD (Loss Given Default) dan EAD (Probability of Default), LGD (Loss Given Default) and EAD
(Exposure at Default) yang digunakan sebagai komponen (Exposure at Default) which are used as components for
perhitungan kerugian kredit ekspektasian. calculating expected credit losses
Kriteria Staging Staging Criteria
PSAK 109 mensyaratkan entitas untuk mengelompokkan aset PSAK 109 requires entity to classify financial instruments into
keuangan ke dalam tiga tahapan penurunan nilai (stage 1, stage 2 three stages of impairment (stage 1, stage 2, and stage 3) by
dan stage 3) dengan menentukan apakah terjadi peningkatan risiko determining whether there is a significant increase in credit
kredit yang signifikan. Grup mengukur cadangan kerugian sejumlah risk. The Group measures the allowance for losses of an
kerugian kredit ekpektasian 12 bulan untuk aset keuangan yang expected 12 months credit loss for financial assets with low
memiliki risiko kredit rendah pada tanggal pelaporan (stage 1) dan credit risk at the reporting date (stage 1) and lifetime credit
kerugian kredit sepanjang umur untuk aset keuangan yang losses for financial assets with a significant increase in credit
mengalami peningkatan risiko kredit yang signifikan (stage 2). risk (stage 2).
Pada setiap tanggal pelaporan, Grup menilai apakah risiko kredit At each reporting date, the Group assesses whether the credit
atas instrumen keuangan telah meningkat secara signifikan risk of the financial instrument has increased significantly
(“SICR”) sejak pengakuan awal. Dalam melakukan penilaian (“SICR”) since initial recognition. In making that assessment,
tersebut, Grup membandingkan risiko gagal bayar pada saat the Group compares the risk of default on initial recognition
pengakuan awal serta mempertimbangkan informasi yang wajar and considers the reasonable and supportable information
dan terdukung yang tersedia tanpa biaya atau upaya berlebihan, available without undue cost or effort, which is an indication of
yang merupakan indikasi peningkatan risiko kredit secara signifikan a significant increase in credit risk (“SICR”) since initial
(“SICR”) sejak pengakuan awal. recognition.
Secara umum aset keuangan dengan tunggakan 30 hari atau lebih In general, financial assets with arrears of 30 days or more and
dan belum mengalami penurunan nilai akan selalu dianggap telah not yet experiencing an impairment will always be considered
mengalami peningkatan risiko kredit yang signifikan (“SICR”). Aset to have significant increase credit risk (“SICR”). Financial
keuangan hanya akan dianggap mengalami penurunan nilai dan assets are only considered impaired and expected credit
kerugian kredit ekspektasian sepanjang umurnya diakui, jika losses over their lifetime are recognised, if there is observable
terdapat bukti objektif penurunan nilai yang dapat diobservasi, objective evidence of impairment, including, among others,
termasuk antara lain gagal bayar atau mengalami kesulitan default or experiencing significant financial difficulties
keuangan yang signifikan.
178
Page 829
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assesment (continued)
Informasi forward-looking Forward-looking Information
Dalam menghitung kerugian kredit ekspektasian, Grup In calculating expected credit losses, the Group considers the
memperhitungkan pengaruh dari macroeconomic forecast . Selain effect of the macroeconomic forecast. In addition, the Group
itu, Grup juga menentukan probability weighted untuk kemungkinan also determines a probability weighted for the possibility of
terjadinya sebuah skenario makro tersebut. such macro scenario.
Berbagai macroeconomic variable (“MEV”) digunakan dalam Various macroeconomic variables (“MEV”) are used in the
permodelan PSAK 109 tergantung pada hasil analisis statistik modelling of PSAK 109 depending on the results of statistical
kesesuaian MEV dengan data historis pembuatan impairment analysis of the suitability of the MEV with historical data for
model . Perhitungan kerugian kredit ekspektasian dan impairment model development. The calculation of the
macroeconomic forecast (“MEV”) tersebut direviu oleh Grup secara expected credit loss and the macroeconomic forecast (“MEV”)
berkala. MEV yang digunakan Grup antara lain GDP, nilai inflasi, are reviewed by the Group periodically. MEV used by the
nilai kurs dan lain-lain. Group includes GDP, inflation rate, exchange rate and others.
Aset keuangan yang mengalami penurunan nilai secara individual Individually impaired financial assets
Aset keuangan yang mengalami penurunan nilai secara individual Individually impaired financial assets are financial assets that
adalah aset keuangan yang signifikan secara individual dan telah are individually significant and there is objective evidence that
terdapat bukti objektif bahwa penurunan nilai individual telah terjadi impairment loss has incurred after initial recognition of the
setelah pengakuan awal aset keuangan tersebut. financial assets.
Sesuai kebijakan internal Grup, kredit yang ditentukan sebagai Based on the Group’s internal policy, loans that are
signifikan secara individual adalah kredit yang diberikan kepada determined to be individually significant are loans to corporate
debitur-debitur segmen korporasi dan komersial. and commercial debtors.
Pengukuran secara individu dilakukan dengan melihat selisih Individual measurements are made by considering the
antara seluruh arus kas kontraktual yang jatuh tempo kepada difference between all contractual cash flows that are due to
entitas sesuai dengan kontrak dan seluruh arus kas yang the entity in accordance with the contract and all cash flows
diperkirakan diterima Grup (yaitu seluruh kekurangan kas), that the Group expects to receive (i.e. all cash shortfalls),
didiskontokan dengan suku bunga efektif. discounted with the effective interest rate.
Aset keuangan yang tidak signifikan secara individual dan Financial assets that are not individually significant and
penurunan nilainya dinilai secara kolektif assessed for collective impairment
Aset keuangan yang nilainya tidak signifikan secara individual Financial assets that are not individually significant consist of
adalah kredit dan piutang yang diberikan oleh Grup kepada debitur- loans and receivables of the Group to retail debtors, i.e. Small
debitur segmen ritel yaitu debitur kredit Usaha Kecil Menengah & Medium Enterprise (“SME”) debtors, consumer financing
(“UKM”), kredit pembiayaan konsumen (termasuk kredit receivables (including joint financing) debtors, mortgage and
pembiayaan bersama), kredit pemilikan dan perbaikan rumah dan its housing renovation loans and vehicle loans.
kredit kendaraan bermotor.
Grup menentukan penurunan nilai aset keuangan yang tidak The Group determines that impairment losses of financial
signifikan secara individual dan penurunan nilainya dinilai secara assets that are not individually significant are assessed
kolektif, dengan mengelompokkan aset keuangan tersebut collectively, by grouping those financial assets based on
berdasarkan karakteristik risiko yang serupa. similar risk characteristics.
Pengukuran secara kolektif dilakukan secara statistik Collective measurement is done statistically using the
menggunakan parameter PD (Probability of Default ), LGD (Loss parameters PD (Probability of Default), LGD (Loss Given
Given Default ) dan EAD (Exposure at Default ). Default) and EAD (Exposure at Default).
50. RISIKO PASAR 50. MARKET RISK
Risiko pasar adalah risiko yang terjadi pada posisi laporan posisi Market risk is the risks on the consolidated statement of financial
keuangan konsolidasian dan rekening administratif, karena adanya position and administrative accounts due to changes in market
perubahan variabel pasar. Variabel pasar seperti tingkat bunga dan variables. Market variables consist of interest rates and exchange
nilai tukar. Risiko pasar hampir melekat pada seluruh kegiatan rates. Market risk is an inherent risk in most of the Group’s
operasional Grup, baik pada banking book maupun trading book. operational activities involving banking books and the trading books.
Pengelolaan risiko pasar dilakukan sesuai dengan kebijakan dan Management of market risk is performed in accordance with the
prosedur Grup yang berkaitan dengan produk dan jasa serta aktivitas Group’s policies and procedures related with the products and
treasury dan risiko yang melekat pada bisnis. services and also treasury activities and the inherent risk of the
business.
Risiko suku bunga timbul akibat perubahan harga instrumen Interest rate risk is risk as the effect of changes in the financial
keuangan dari posisi trading book atau akibat perubahan nilai instrument prices from the trading book position or the effect of
ekonomis posisi banking book , karena perubahan suku bunga. changes of the economic value position of the banking book
because of the change in the interest rate.
179
Page 830
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
Dalam mengelola risiko suku bunga dilakukan pada eksposur banking Management of interest rate risk is performed on banking book
book , dengan memperhatikan posisi gap aset dan liabilitas Grup yang exposure by considering the gap position of the Group’s assets and
sensitif terhadap pergerakan suku bunga yang mempengaruhi liabilities, which are sensitive to interest rate movements, which
stabilitas tingkat profitabilitas Grup. influence the stability of the Group’s profitability level.
Tabel di bawah ini merupakan rata-rata tingkat suku bunga kontraktual The tables below summarize the average of contractual interest
per tahun untuk aset dan liabilitas keuangan yang signifikan pada rates per annum for significant financial assets and liabilities as of
tanggal 31 Desember 2025 dan 2024: December 31, 2025 and 2024:
2025
Mata uang
Rupiah / asing /
Rupiah Foreign
currencies
Aset Assets
Giro pada Bank Indonesia 0,00% 0,00% Current accounts with Bank Indonesia
Giro pada bank lain 0,20% 0,02% Current accounts with other banks
Penempatan pada Bank Indonesia dan bank lain 4,67% 4,03% Placements with Bank Indonesia and other banks
Surat-surat berharga 5,77% 0,00% Marketable securities
Tagihan dari surat berharga yang dibeli Receivable from marketable securities purchased
dengan janji dijual kembali 4,79% 0,00% under resale agreement
Kredit yang diberikan dan piutang/pembiayaan syariah 3,00% - Loans and sharia receivables/financing
23,00% 6,25%
Liabilitas Liabilities
Simpanan dari nasabah 1,31% 0,71% Deposits from customers
Simpanan dari bank lain 1,50% 0,00% Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali 5,85% 0,00% under repurchased agreement
2024
Mata uang
Rupiah / asing /
Rupiah Foreign
currencies
Aset Assets
Giro pada Bank Indonesia 0,00% 0,00% Current accounts with Bank Indonesia
Giro pada bank lain 0,07% 0,02% Current accounts with other banks
Penempatan pada Bank Indonesia dan bank lain 5,99% 5,21% Placements with Bank Indonesia and other banks
Surat-surat berharga 5,64% 0,00% Marketable securities
Tagihan dari surat berharga yang dibeli Receivable from marketable securities purchased
dengan janji dijual kembali 5,66% 0,00% under resale agreement
Kredit yang diberikan dan piutang/pembiayaan syariah 10,50% - Loans and sharia receivables/financing
12,75% 0,00%
Liabilitas Liabilities
Simpanan dari nasabah 1,95% 0,37% Deposits from customers
Simpanan dari bank lain 2,63% 2,29% Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali 6,27% 0,00% under repurchased agreement
180
Page 831
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
Tabel berikut mengikhtisarkan eksposur Grup terhadap risiko tingkat The table below summarizes the Group’s exposure to interest rate
suku bunga (nett) yang mungkin berdampak kepada arus kas di masa risk (nett) which may affect the future cash flows as of December 31,
depan pada tanggal 31 Desember 2025 dan 2024: 2025 and 2024:
2025
Suku bunga mengambang / Floating interest rate
Tidak
dikenakan
3 - 12 bulan / Suku bunga bunga / Non-
< 3 bulan / 3 - 12 > 1 tahun / tetap / Fixed interest Jumlah /
< 3 months months > 1 year interest rate bearing Total
Aset keuangan Financial assets
Kas - - - - 4.347.459 4.347.459 Cash
Giro pada Bank Indonesia 6.620.239 - - - - 6.620.239 Current accounts with Bank Indonesia
Giro pada bank lain - - - 60.293 615.014 675.307 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain - - - 8.552.485 - 8.552.485 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - - - 16.135.833 - 16.135.833 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain - - - 11.636.375 - 11.636.375 comprehensive income
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) - - - 334.836 - 334.836 or loss (FVTPL)
Tagihan dari surat berharga Receivable from marketable
yang dibeli dengan janji securities purchased
dijual kembali - - - 7.630.818 - 7.630.818 under resale agreement
Tagihan spot dan derivatif - - - 2.165 - 2.165 Receivables of spot and derivatif
Tagihan lainnya - - - - 339.467 339.467 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah sharia receivables/financing
Modal kerja - - - - 23.730.231 23.730.231 Working capital
Investasi - - - - 10.128.814 10.128.814 Investment
Konsumsi - - - - 72.929.938 72.929.938 Consumption
Pendapatan bunga
yang masih akan diterima - - - - 1.119.602 1.119.602 Accrued interest income
Jumlah aset keuangan 6.620.239 - - 44.352.805 113.210.525 164.183.569 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera - - - - 1.390.263 1.390.263 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro - - - 27.176.208 - 27.176.208 Current accounts
Tabungan - - - 39.799.894 - 39.799.894 Savings accounts
Deposito berjangka - - - 42.968.151 - 42.968.151 Time deposits
Simpanan dari bank lain - - - 4.028.150 - 4.028.150 Deposits from other banks
Liabilitas surat berharga dijual Liabilities of marketable securities
dengan janji sold under
dibeli kembali 3.518.805 - - - - 3.518.805 repurchased agreement
Pinjaman yang diterima - - - 5.914.822 - 5.914.822 Borrowings
Beban yang masih
harus dibayar - - - - 648.437 648.437 Accrued expenses
Liabilitas lain-lain - - - - 1.326.931 1.326.931 Other liabilities
Jumlah liabilitas keuangan 3.518.805 - - 119.887.225 3.365.631 126.771.661 Total financial liabilities
Gap repricing Interest repricing
suku bunga - bersih 3.101.434 - - (75.534.420) 109.844.894 37.411.908 gap - net
181
Page 832
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
2024
Suku bunga mengambang / Floating interest rate
Tidak
dikenakan
3 - 12 bulan / Suku bunga bunga / Non-
< 3 bulan / 3 - 12 > 1 tahun / tetap / Fixed interest Jumlah /
< 3 months months > 1 year interest rate bearing Total
Aset keuangan Financial assets
Kas - - - - 2.867.479 2.867.479 Cash
Giro pada Bank Indonesia 5.584.147 - - - - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain 504.807 - - - - 504.807 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain - - - 1.632.192 - 1.632.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - - - 16.915.611 - 16.915.611 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain - - - 12.598.425 - 12.598.425 comprehensive income
Tagihan dari surat berharga Receivable from marketable
dibeli dengan janji securities purchased order
dijual kembali - - - 617.860 - 617.860 under resale agreement
Tagihan spot dan derivatif - - - 1.144 - 1.144 Receivables of spot and derivatif
Tagihan lainnya - - - - 254.336 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah sharia receivables/financing
Modal kerja - - - 19.760.794 - 19.760.794 Working capital
Investasi - - - 10.157.810 - 10.157.810 Investment
Konsumsi - - - 43.320.912 - 43.320.912 Consumption
Pendapatan bunga Accrued interest income
yang masih akan diterima - - - - 790.520 790.520
Jumlah aset keuangan 6.088.954 - - 105.004.749 3.121.815 114.215.518 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera - - - - 914.703 914.703 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro - - - 14.968.753 1.450.330 16.419.083 Current accounts
Tabungan - - - 29.731.876 1.894.365 31.626.241 Savings accounts
Deposito berjangka - - - 27.007.540 3.974 27.011.514 Time deposits
Simpanan dari bank lain - - - 582.953 150.821 733.774 Deposits from other banks
Pinjaman yang diterima - - - - 1.527.532 1.527.532 Borrowings
Beban yang masih
harus dibayar - - - - 442.600 442.600 Accrued expenses
Liabilitas lain-lain - - - - 809.256 809.256 Other liabilities
Jumlah liabilitas keuangan - - - 72.291.122 7.193.581 79.484.702 Total financial liabilities
Gap repricing Interest repricing
suku bunga - bersih 6.088.954 - - 32.713.627 (4.071.766) 34.730.816 gap - net
Grup memiliki eksposur terhadap risiko tingkat suku bunga dalam The Group has other exposure to interest rate risks in Singapore
mata uang Dolar Singapura, Dolar Amerika Serikat, Euro dan lainnya. Dollar, United States Dollar, Euro and others.
Risiko nilai tukar adalah risiko nilai instrumen keuangan yang akan Foreign exchange risk is the risk on the financial instruments value,
berfluktuasi karena adanya perubahan dalam nilai tukar valuta asing. which will fluctuate due to exchange rate volatility.
Risiko mata uang adalah kemungkinan kerugian pendapatan yang Foreign currency risk is the probability of loss of earnings arising
timbul dari perubahan kurs valuta asing. Grup mengelola eksposur from changes in foreign exchange rates. The Group manages
terhadap pengaruh fluktuasi nilai tukar mata uang asing dengan exposure to effects of fluctuations in foreign currency exposure
mempertahankan risiko mata uang asing dalam pedoman peraturan within the existing regulatory guidelines (i.e. maintaining the Net
yang ada (yakni menjaga Posisi Devisa Neto sesuai dengan peraturan Open Position based on Bank Indonesia regulations).
Bank Indonesia).
Pada tanggal 31 Desember 2025 dan 2024, pengaruh nilai tukar mata As of December 31, 2025 and 2024, the effect of foreign exchange
uang asing tidak signifikan terhadap Grup. rates fluctuations is insignificant to the Group.
182
Page 833
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. RISIKO LIKUIDITAS 51. LIQUIDITY RISK
Risiko likuiditas adalah risiko akibat ketidakmampuan Grup untuk Liquidity risk is the risk which is caused by the Group’s inability to
memenuhi liabilitas yang jatuh tempo dari sumber pendanaan arus fulfil its obligations when they become due from cash flow financing
kas dan/atau dari aset likuid berkualitas tinggi yang dapat diagunkan sources and/or high quality liquid assets that can be pledged without
tanpa mengganggu aktivitas dan kondisi keuangan Grup. affecting the Group’s activities and financial condition.
Grup melakukan pengukuran risiko likuiditas menggunakan Liquidity The Group measures liquidity risk using the Liquidity Risk Model
Risk Model dengan metodologi maturity profile gap. Pengelolaan based on maturity profile gap methodology. Daily liquidity condition
kondisi likuiditas harian dilakukan oleh Unit Treasury dan perubahan management is performed by the Treasury Unit and external and
eksternal serta makro ekonomi yang terjadi dengan segera macro economic changes are immediately informed, and strategy
diinformasikan dan diambil strategi serta kebijakan internal antara lain and internal policies are undertaken, among others, through the
melalui mekanisme Asset and Liabilities Committee (ALCO). Asset and Liabilities Committee (ALCO) mechanism.
Rasio dari aset likuid bersih terhadap simpanan nasabah adalah The ratio of net liquid assets to deposits from customers are as
sebagai berikut: follows:
2025 2024
Kas dan setara kas 20.196.046 10.590.180 Cash and cash equivalent
Surat berharga yang dijual Marketable securities sold
dengan janji dibeli kembali 3.607.076 9.149.544 under purchased agreement
Tagihan reverse repo 7.630.818 617.860 Reverse repo receivables
Simpanan dari bank lain (4.028.150) (733.874) Deposits from other banks
Jumlah 27.405.790 19.623.710 Total
Simpanan dari nasabah 109.944.253 75.056.838 Deposits from customers
Rasio aset likuid bersih terhadap simpanan dari nasabah 24,93% 26,15% Ratio of net liquid assets to deposit from customers
Tabel jatuh tempo berikut menyajikan informasi mengenai perkiraan The following maturity tables provide information about the expected
sisa jatuh tempo dari aset dan liabilitas keuangan pada tanggal 31 maturities within which financial assets and liabilities as of
Desember 2025 dan 2024: December 31, 2025 and 2024:
2025
Nilai tercatat 6 - 12 bulan /
/ Carrying < 1 bulan / 1 - 3 bulan / 3 - 6 bulan / 6 - 12 > 12 bulan / >
amount < 1 month 1 - 3 months 3 - 6 months months 12 months
Aset keuangan Financial assets
Kas 4.347.459 4.347.459 - - - - Cash
Giro pada Bank Indonesia 6.620.239 6.620.239 - - - - Current accounts with Bank Indonesia
Giro pada bank lain 675.307 675.307 - - - - Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 8.552.485 8.500.485 52.000 - - - and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 16.135.833 4.894.382 1.679.456 1.189.536 4.222.711 4.149.748 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain 11.636.375 1.777.776 250.421 1.415.642 3.482 8.189.054 comprehensive income
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) 334.836 - - - - 334.836 or loss (FVTPL)
Tagihan dari surat berharga Receivable from marketable
yang dibeli dengan janji securities purchased
dijual kembali 7.630.818 7.630.818 - - - - under resale agreement
Tagihan spot dan derivatif 2.165 2.165 - - - - Receivables of spot and derivatif
Tagihan lainnya 339.467 339.467 - - - - Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 106.788.983 1.033.068 2.110.523 2.644.613 5.445.193 95.555.586 sharia receivables/financing
Pendapatan bunga
yang masih akan diterima 1.119.602 1.119.602 - - - - Accrued interest income
Beban dibayar dimuka 196.492 196.492 - - - - Prepaid expenses
Investasi pada entitas asosiasi 745 745 - - - - Investments in associates
Aset tetap dan Fixed assets and
aset hak guna - bersih 3.014.005 3.014.005 - - - - right of use assets - net
Aset takberwujud - bersih 422.231 422.231 - - - - Intangible asset - net
Aset pajak tangguhan 409.157 409.157 - - - - Deferred tax assets
Piutang pajak 144.065 144.065 - - - - Tax receivables
Aset lain-lain 484.579 484.579 - - - - Other assets
Jumlah aset keuangan 168.854.843 41.612.042 4.092.400 5.249.791 9.671.386 108.229.224 Total financial assets
183
Page 834
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. RISIKO LIKUIDITAS (lanjutan) 51. LIQUIDITY RISK (continued)
2025
Nilai tercatat 6 - 12 bulan /
/ Carrying < 1 bulan / 1 - 3 bulan / 3 - 6 bulan / 6 - 12 > 12 bulan / >
amount < 1 month 1 - 3 months 3 - 6 months months 12 months
Liabilitas keuangan Financial liabilities
Liabilitas segera 1.390.263 1.390.263 - - - - Obligations due immediately
Simpanan dari nasabah 127.249.053 96.142.482 15.908.269 4.583.992 10.509.518 104.792 Deposits from customers
Simpanan dari bank lain 4.178.293 3.974.095 45.815 20.431 10.700 127.252 Deposits from other banks
Liabilitas surat berharga dijual Liabilities of marketable securities
dengan janji sold under
dibeli kembali 3.518.805 3.518.805 - - - - repurchased agreement
Pinjaman yang diterima 5.914.822 5.914.822 - - - - Borrowings
Beban yang masih harus dibayar 648.437 648.437 - - - - Accrued expenses
Utang pajak 160.684 160.684 - - - - Taxes payable
Liabilitas lain-lain 1.326.931 1.326.931 - - - - Other liabilities
Jumlah liabilitas keuangan 144.387.288 113.076.519 15.954.084 4.604.423 10.520.218 232.044 Total financial liabilities
Gap repricing Interest repricing
suku bunga - bersih 24.467.555 (71.464.477) (11.861.684) 645.368 (848.832) 107.997.180 gap - net
2024
Nilai tercatat 6 - 12 bulan /
/ Carrying < 1 bulan / 1 - 3 bulan / 3 - 6 bulan / 6 - 12 > 12 bulan / >
amount < 1 month 1 - 3 months 3 - 6 months months 12 months
Aset keuangan Financial assets
Kas 2.867.479 2.867.479 - - - - Cash
Giro pada Bank Indonesia 5.584.147 5.584.147 - - - - Current accounts with Bank Indonesia
Giro pada bank lain 504.807 504.807 - - - - Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 1.632.192 1.632.192 - - - - and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 16.915.611 3.972.622 1.125.380 2.636.685 3.359.213 5.821.711 Amortized cost
Nilai wajar melalui Fair value
melalui pendapatan through other
komprehensif lain 12.598.425 399.427 486.235 777.629 1.277.342 9.657.792 comprehensive income
Tagihan dari surat berharga Receivable from marketable
yang dibeli dengan janji securities purchased
dijual kembali 617.860 231.199 - 386.661 - - under resale agreement
Tagihan spot dan derivatif 1.144 1.144 - - - - Receivables of spot and derivatif
Tagihan lainnya 254.336 254.336 - - - - Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 73.239.516 820.225 2.072.791 1.847.495 3.880.548 64.618.457 sharia receivables/financing
Pendapatan bunga
yang masih akan diterima 790.520 790.520 - - - - Accrued interest income
Beban dibayar dimuka 206.572 206.572 - - - - Prepaid expenses
Investasi pada entitas asosiasi 2.568 2.568 - - - - Investments in associates
Aset tetap dan Fixed assets and
aset hak guna - bersih 1.925.721 1.925.721 - - - - right of use asset - net
Aset takberwujud - bersih 162.946 162.946 - - - - Intangible asset - net
Aset pajak tangguhan 438.391 438.391 - - - - Deferred tax assets
Piutang pajak 67.274 67.274 - - - - Tax receivables
Aset lain-lain 332.618 332.618 - - - - Other assets
Jumlah aset keuangan 118.142.128 20.194.188 3.684.406 5.648.469 8.517.102 80.097.961 Total financial assets
184
Page 835
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. RISIKO LIKUIDITAS (lanjutan) 51. LIQUIDITY RISK (continued)
2024
Nilai tercatat 6 - 12 bulan /
/ Carrying < 1 bulan / 1 - 3 bulan / 3 - 6 bulan / 6 - 12 > 12 bulan / >
amount < 1 month 1 - 3 months 3 - 6 months months 12 months
Liabilitas keuangan Financial liabilities
Liabilitas segera 914.703 914.703 - - - - Obligations due immediately
Simpanan dari nasabah 90.015.611 69.633.942 11.342.348 4.961.549 3.952.697 125.075 Deposits from customers
Simpanan dari bank lain 864.315 835.505 15.880 2.530 9.900 500 Deposits from other banks
Liabilitas surat berharga dijual Liabilities of marketable securities
dengan janji sold under
dibeli kembali 8.780.366 8.780.366 - - - - repurchased agreement
Pinjaman yang diterima 1.527.532 1.527.532 - - - - Borrowings
Beban yang masih
harus dibayar 442.600 442.600 - - - - Accrued expenses
Utang pajak 85.316 85.316 - - - - Taxes payable
Liabilitas lain-lain 809.256 809.256 - - - - Other liabilities
Jumlah liabilitas keuangan 103.439.699 83.029.220 11.358.228 4.964.079 3.962.597 125.575 Total financial liabilities
Gap repricing Interest repricing
suku bunga - bersih 14.702.429 (62.835.032) (7.673.822) 684.390 4.554.505 79.972.386 gap - net
52. RISIKO OPERASIONAL 52. OPERATIONAL RISK
Risiko operasional adalah risiko akibat ketidakcukupan dan/atau tidak Operational risk is the risk resulting from inadequate and/or failure of
berfungsinya proses internal, kesalahan manusia, kegagalan sistem, internal processes, people, systems, and/or from external events
dan/atau adanya kejadian-kejadian eksternal yang mempengaruhi which affect the Group’s operations.
operasional Grup.
Dalam mengelola risiko operasional, risk owner bertanggung jawab In managing operational risk, the risk owner is responsible for the
atas risiko yang terjadi pada unitnya masing-masing. Tata cara risk that occurs in the respective units. Risk management is
pengendalian risiko tersebut diatur dalam kebijakan Grup secara regulated in the Group’s overall policies and operational procedures
menyeluruh dan prosedur operasional pada setiap unit. in each unit.
Metode dan kebijakan dalam pengendalian risiko operasional The methods and policies involving operational risk management
dilaksanakan diantaranya melalui: are performed, among others, through the following:
i. Pengkajian terhadap kebijakan, pedoman, dan prosedur i. Evaluation of internal control policies, guidance, and procedures
pengendalian internal sesuai dengan kondisi perkembangan dunia in accordance with the banking industry development,
perbankan, kebijakan pemerintah dan limitasi operasional yang government policies, and pre-determined operational limits;
telah ditetapkan;
ii. Pengkajian dan penerapan Disaster Recovery Plan sebagai ii. Evaluation and implementation of a Disaster Recovery Plan as
langkah antisipasi atas kejadian internal maupun eksternal yang the anticipated procedures to be applied during internal and
berpotensi menimbulkan kerugian; external potential loss events;
iii. Tindakan koreksi terhadap hasil temuan audit; iii. Implementing corrective actions based on audit results; and
iv. Pengkajian dari penerapan Rencana Kontinjensi Usaha dalam iv. Reviewing the implementation of the Business Contingency Plan
pengelolaan dan pengendalian aktivitas Grup. in the management and control of the Group’s activities.
53. RISIKO HUKUM 53. LEGAL RISK
Risiko hukum adalah risiko akibat tuntutan hukum dan/atau Legal risk is the risk due to legal aspects, legal claims and/or
kelemahan aspek yuridis, yang antara lain disebabkan ketiadaan weaknesses in agreements which among others are caused by the
peraturan perundang-undangan yang mendukung, atau kelemahan absence of supporting regulations, weaknesses in agreements such
perikatan seperti tidak dipenuhinya syarat sahnya kontrak dan as the criteria for valid contracts is not fulfilled, and collateral
pengikatan agunan yang tidak sempurna. arrangements are inappropriate.
Identifikasi risiko hukum dilakukan pada seluruh aktivitas fungsional Legal risk identification is performed for all functional activities that
yang melekat pada perkreditan, treasury, operasional, sistem are inherent to loan, treasury, operational and information
informasi teknologi dan pengelolaan sumber daya manusia. technology systems and human resources management.
54. RISIKO REPUTASI 54. REPUTATION RISK
Risiko reputasi adalah risiko akibat menurunnya tingkat kepercayaan Reputation risk is the risk due to a decrease in the stakeholders’
stakeholder yang bersumber dari persepsi negatif terhadap Grup. trust that results from a negative perception of the Group.
Identifikasi risiko reputasi dilakukan secara berkala sesuai dengan Reputation risk identification is performed periodically based on the
pengalaman kerugian di masa lalu yang disebabkan oleh risiko knowledge of historical losses due to reputation risk. Reputation risk
reputasi. Penilaian risiko reputasi dilakukan secara kualitatif antara valuation is performed qualitatively among others from negative
lain bersumber dari pemberitaan negatif yang muncul dari publications and commentaries from the public/customers and
masyarakat/nasabah dan keluhan nasabah. customer’s complaints.
185
Page 836
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO KEPATUHAN 55. COMPLIANCE RISK
Risiko kepatuhan adalah risiko yang terjadi karena Grup tidak Compliance risk is the risk incurred because the Group has not
mematuhi dan/atau tidak melaksanakan ketentuan internal dan complied with and/or has not implemented appropriate internal
peraturan perundang-undangan. Pada praktiknya, risiko kepatuhan policies and regulations. In practice, compliance risk is inherent to
melekat pada risiko Grup yang terkait pada peraturan perundang- the Group’s risk related to regulations, prudential provisions and
undangan, ketentuan kehati-hatian dan ketentuan lain yang berlaku, other provisions, such as:
seperti:
i. Risiko kredit terkait dengan ketentuan Kewajiban Penyediaan i. Credit risk related to Capital Adequacy Ratio (CAR), Asset
Modal Minimum (KPMM), Kualitas Aset, Pembentukan Cadangan Quality, Allowance for Impairment Losses, and Legal Lending
Kerugian Penurunan Nilai (CKPN), dan Batas Maksimum Limit (LLL) regulations;
Pemberian Kredit (BMPK);
ii. Risiko pasar terkait dengan ketentuan Posisi Devisa Neto (PDN); ii. Market risk related to Net Open Position (NOP) regulations; and
dan
iii. Risiko lain yang terkait dengan ketentuan eksternal dan internal. iii. Other risks related to external and internal regulations.
Identifikasi risiko kepatuhan dilakukan secara berkala sesuai dengan Compliance risk identification is performed periodically based on the
pengalaman kerugian di masa lalu yang disebabkan oleh risiko knowledge of historical losses due to compliance risk and is
kepatuhan dan pengukuran risiko kepatuhan juga dilakukan melalui measured through risk calculations based on accounting loss data
perhitungan risiko berdasarkan data kerugian akuntansi dengan using a loss distribution approach for calculating capital charges.
menggunakan pendekatan distribusi kerugian untuk perhitungan
capital charges.
56. RISIKO STRATEJIK 56. STRATEGIC RISK
Risiko stratejik adalah risiko akibat ketidaktepatan dalam pengambilan Strategic risk is the risk due to inaccurate decision making and/or
dan/atau pelaksanaan suatu keputusan stratejik serta kegagalan implementation of strategic decisions and failure in anticipating
dalam mengantisipasi perubahan lingkungan bisnis. Identifikasi risiko business environment changes. Strategic risk identification is
stratejik dilakukan secara berkala sesuai dengan pengalaman performed periodically based on knowledge of historical losses due
kerugian dimasa lalu yang disebabkan oleh risiko stratejik. to strategic risk. Strategic risk control is performed through
Pengendalian risiko stratejik dilakukan melalui monitoring periodical monitoring the realization of the budget determined
pencapaian/realisasi atas anggaran yang sudah ditetapkan secara periodically, followed by the investigation of the factors that cause
berkala dan dilanjutkan dengan mitigasi dari faktor-faktor penyebab failures.
kegagalan.
57. MANAJEMEN MODAL 57. CAPITAL MANAGEMENT
Tujuan utama dari kebijakan Grup atas kebijakan pengelolaan modal The primary objectives of the Group’s capital management policy
adalah untuk memastikan bahwa Grup memiliki modal yang kuat are to ensure that the Group has a strong capital to support the
untuk mendukung strategi pengembangan ekspansi usaha Grup saat Group’s business expansion strategy currently, to sustain future
ini dan mempertahankan kelangsungan pengembangan di masa development of the business, to meet regulator capital adequacy
mendatang serta untuk memenuhi ketentuan kecukupan permodalan requirements and also to ensure the efficiency of Group's capital
yang ditetapkan oleh regulator serta memastikan agar struktur structure.
permodalan Grup telah efisien.
Grup menyusun Rencana Permodalan berdasarkan penilaian dan The Group undertakes Capital Planning based on assessment and
penelaahan atas kebutuhan kecukupan permodalan yang review of the capital situation in terms of the legal capital adequacy
dipersyaratkan dan mengkombinasikannya dengan tinjauan requirement, combined with assessment of economic outlooks. The
perkembangan ekonomi terkini. Grup senantiasa akan Group will continue to link financial and capital adequacy goals to
menghubungkan tujuan keuangan dan kecukupan modal terhadap risk which can be tolerated appetite through the capital planning
risiko yang dapat ditoleransi melalui proses perencanaan modal, process method as well as assess the businesses based on
begitu pula dengan bisnis yang disesuaikan dengan tingkat Group’s capital and liquidity requirements.
permodalan dan persyaratan likuiditas Grup.
Kebutuhan permodalan Grup juga direncanakan dan didiskusikan The capital needs of the Group are also discussed and planned on a
secara rutin yang didukung dengan data-data analisis. routine basis supported by data analysis.
Rencana Permodalan disusun oleh Dewan Direksi sebagai bagian Capital Planning is prepared by the Board of Directors as part of
dan Rencana Bisnis Grup dan disetujui oleh Dewan Komisaris. Group’s business plan and is approved by the Board of
Perencanaan ini diharapkan akan memastikan tersedianya modal Commissioners. Capital Planning ensures that adequate levels of
yang cukup dan terciptanya struktur permodalan yang kuat guna capital and strong mix of the different components of capital are
mendukung pertumbuhan bisnis ke depan. maintained to support business growth in the future.
Otoritas Jasa Keuangan (OJK) menentukan dan mengawasi Financial Services Authority (OJK) sets and monitors capital
kebutuhan modal Grup. Grup diwajibkan untuk menaati peraturan requirements for the Group. The Group is required to comply with
yang berlaku dalam hal ini modal yang diwajibkan regulator. prevailing regulation in respect of regulatory capital. The Group's
Pendekatan Grup terhadap pengelolaan modal ditentukan oleh approach to capital management is driven by bank's strategic and
strategi dan persyaratan organisasi bank, dengan memperhitungkan organisational requirements, taking into account regulatory,
peraturan, serta keadaan ekonomi dan komersial. economic and commercial environment.
Grup mematuhi semua persyaratan modal yang ditetapkan oleh pihak The Group has complied with all regulator imposed capital
regulator sepanjang periode pelaporan, khususnya berkenaan dengan requirements throughout the reporting period, particularly regarding
perhitungan Kewajiban Penyediaan Modal Minimum (KPMM) dan Capital Adequacy Ratio (CAR) and calculation of Risk Weighted
Aktiva Tertimbang Menurut Risiko (ATMR). Assets (RWA).
186
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
57. MANAJEMEN MODAL (lanjutan) 57. CAPITAL MANAGEMENT (continued)
Grup menghitung kebutuhan modal berdasarkan POJK The Group calculates its capital requirements based on POJK
No.11/POJK.03/2016 tentang Kewajiban Penyediaan Modal Minimum No.11/POJK.03/2016 regarding the Minimum Capital Adequacy of
Bank Umum yang telah diaddendum sebanyak 2 (dua) kali dengan Commercial Banks which has been amended 2 (two) times with
POJK No.34/POJK.03/2016 tentang "Perubahan Atas Peraturan POJK No.34/POJK.03/2016 regarding “Amendments to Financial
Otoritas Jasa Keuangan No.11/POJK.03/2016 tentang Kewajiban Services Authority Regulation No.11/POJK.03/2016 regarding the
Penyediaan Modal Minimum Bank Umum" dan POJK Minimum Capital Adequacy of Commercial Banks” and POJK
No.27/POJK.03/2022 tentang perubahan kedua atas POJK No.27/POJK.03/2022 regarding the second amendment to POJK
No.11/POJK.03/2016 Kewajiban Penyediaan Modal Minimum Bank No.11/POJK.03/2016 regarding the Minimum Capital Adequacy of
Umum, dimana modal yang diwajibkan regulator dianalisa dalam dua Commercial Banks, where the capital required by the regulator is
tier sebagai berikut: analyzed in two tiers as follows:
- Modal inti (tier 1), yang terdiri dari modal inti utama dan modal inti - Tier 1 capital, which consists of core and additional core capital.
tambahan. Modal inti utama antara lain meliputi modal ditempatkan Core capital includes issued and fully paid-up capital, additional
dan disetor penuh, tambahan modal disetor, cadangan umum, laba paid-in capital, general reserve, specific reserve, retained
tahun-tahun lalu dan periode/tahun berjalan (100%), penghasilan earnings and profit for the period/year (100%), other
komprehensif lainnya berupa potensi keuntungan/kerugian yang comprehensive income deriving from potential gain/loss from the
berasal dari perubahan nilai wajar aset keuangan dalam kelompok changes in fair value of financial assets classified as available-for-
tersedia untuk dijual, selisih kurang dari penyisihan penghapusan sale, shortfall between allowable amount of allowance for
aset produktif sesuai ketentuan Bank Indonesia dan cadangan uncollectible account on productive assets according to Bank
kerugian penurunan nilai asset produktif yang diperbolehkan. Aset Indonesia guideline and allowance for impairment losses on
pajak tangguhan, aset takberwujud (termasuk goodwill) dan productive assets. Deferred tax assets, intangible assets
penyertaan (100%) merupakan faktor pengurang modal inti utama. (including goodwill) and share investments (100%) are deducted
Modal inti tambahan antara lain terdiri dari saham preferen , surat from core capital. Additional core capital includes non-cumulative
berharga subordinasi dan pinjaman subordinasi dimana ketiganya preference shares, subordinated securities and subordinated
bersifat non-kumulatif setelah dikurangi pembelian kembali. debts net of buyback portion.
- Modal pelengkap (tier 2) antara lain meliputi instrumen modal, agio - Supplementary capital (tier 2), which includes capital instruments,
atau disagio, cadangan umum aset produktif dan cadangan tujuan agio or disagio, general reserves of productive assets and
sesuai ketentuan Bank Indonesia. purpose reserves according to Bank Indonesia guideline.
Beberapa batasan berlaku untuk bagian-bagian modal yang Various limits have been set to elements of the regulatory capital,
diwajibkan oleh regulator, antara lain Grup wajib menyediakan modal such as the Group's are required to provide core capital (tier 1) at a
inti (tier 1) paling rendah sebesar 6,00% dari ATMR dan modal inti minimum of 6.00% from Risk Weighted Assets and Common Equity
utama (Common Equity tier 1) paling rendah sebesar 4,50% dari tier 1 at a minimum of 4.50% from Risk Weighted Assets, both
ATMR, baik secara individual maupun secara dengan entitas anak. individually and level with subsidiaries.
- Modal tier 1, meliputi modal ditempatkan dan disetor penuh, - Tier 1 capital, which includes issued and fully paid share capital,
cadangan umum, saldo laba dan laba periode berjalan. general reserve, retained earnings and profit for the period.
- Modal tier 2, meliputi penyisihan kerugian penurunan nilai yang - Tier 2 capital, which includes the eligible amount of allowance for
diperbolehkan. impairment losses.
Grup tidak mempunyai modal tambahan lain yang memenuhi kriteria The Group does not have any other supplementary capital which
modal tier 3 sesuai dengan peraturan BI yang berlaku. meets the criteria of tier 3 capital under prevailing BI regulation.
Berbagai batasan telah diterapkan untuk bagian-bagian modal yang Various limits are applied to elements of the regulatory capital. The
diwajibkan oleh regulator. Pengaruh dari pajak tangguhan telah effect of deferred taxation has been excluded in determining the
dikeluarkan dalam menentukan jumlah saldo laba untuk modal tier 1; amount of retained earnings for tier 1 capital; only 50 percent of the
hanya 50 persen laba periode berjalan sebelum pajak tangguhan yang profit for the period before deferred taxation being included in tier 1
dapat diperhitungkan dalam modal tier 1; dan modal tier 2 tidak boleh capital; and qualifying tier 2 capital cannot exceed tier 1 capital.
melebihi modal tier 1. Juga terdapat batasan jumlah penyisihan There is also a restriction on the amount of collective impairment
kolektif penurunan nilai yang boleh dimasukkan sebagai bagian dari allowances that may be included as part of tier 2 capital.
modal tier 2.
ATMR Grup ditentukan berdasarkan persyaratan yang telah ATMR are determined according to specified requirements that seek
ditentukan yang mencerminkan berbagai tingkatan risiko yang terkait to reflect the varying levels of risk attached to assets and exposures
dengan aset dan eksposur, yang tidak tercermin dalam laporan posisi not recognized in theconsolidated statement of financial position.
keuangan konsolidasian. Berdasarkan peraturan BI, Grup diharuskan Based on BI regulations, the Group needs to take into consideration
untuk mempertimbangkan risiko kredit, risiko pasar dan risiko its credit risk, market risk and operational risk in measuring the
operasional dalam mengukur ATMR Grup. ATMR.
Kebijakan Grup adalah menjaga modal yang kuat untuk menjaga The Group's policy is to maintain a strong capital base so as to
kepercayaan pemodal, kreditur dan pasar dan untuk mempertahankan maintain investor, creditor and market confidence and to sustain
perkembangan bisnis di masa depan. Pengaruh tingkat modal future development of business. The impact of the level of capital on
terhadap tingkat pengembalian ke pemegang saham juga shareholders' return is also recognized and the Group also
diperhitungkan dan Grup juga memahami perlunya menjaga recognise the need to maintain a balance between the higher return
keseimbangan antara tingkat pengembalian yang tinggi, yang that might be possible with greater gearing and the advantages and
dimungkinkan dengan gearing yang lebih besar serta keuntungan- security level afforded by a strong capital position.
keuntungan dan tingkat keamanan yang didapat dari posisi modal
yang kuat.
187
Page 838
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
57. MANAJEMEN MODAL (lanjutan) 57. CAPITAL MANAGEMENT (continued)
Manajemen menggunakan rasio permodalan yang diwajibkan Management uses regulatory capital ratios in order to monitor its
regulator untuk memantau permodalan Grup dan rasio-rasio modal ini capital base, and these capital ratios remain the industry standards
tetap menjadi standar industri untuk mengukur kecukupan modal. for measuring capital adequacy. OJK’s approach to such
Pendekatan OJK untuk pengukuran ini terutama didasarkan pada measurement is primarily based on monitoring the relationship of
pemantauan hubungan antara profil risiko Bank dengan ketersediaan The Group’s risk profile with the available capital. The Group is
modal. Grup wajib menyediakan modal minimum sesuai profil risiko. required to provide minimum capital based on the risk profile.
Penyediaan modal minimum sebagaimana dimaksud ditetapkan Minimum capital requirements are as follows:
sebagai berikut:
- Untuk profil risiko peringkat 1 (satu), modal minimum terendah yang - For banks with risk profile rating 1 (one), the minimum capital
wajib dimiliki adalah 8% dari Aset Tertimbang Menurut Risiko; requirement is 8% of Risk Weighted Asset;
- Untuk profil risiko peringkat 2 (dua), modal minimum terendah yang - For banks with risk profile rating 2 (two), the minimum capital
wajib dimiliki adalah 9% sampai dengan kurang dari 10% dari Aset requirement is 9% to less than 10% of Risk Weighted Asset;
Tertimbang Menurut Risiko;
- Untuk profil risiko peringkat 3 (tiga), modal minimum terendah yang - For banks with risk profile rating 3 (three), the minimum capital
wajib dimiliki adalah 10% sampai dengan kurang dari 11% dari Aset requirement is 10% to less than 11% of Risk Weighted Asset; and
Tertimbang Menurut Risiko; dan
- Untuk profil risiko peringkat 4 (empat) atau 5 (lima), modal minimum - For banks with risk profile rating 4 (four) or 5 (five), the minimum
terendah yang wajib dimiliki adalah 11% sampai dengan kurang capital requirement is 11% to less than 14% of Risk Weighted
dari 14% dari Aset Tertimbang Menurut Risiko. Asset.
58. ASET DAN LIABILITAS KEUANGAN 58. FINANCIAL ASSETS AND LIABILITIES
Nilai wajar yang diungkapkan di bawah ini adalah berdasarkan The fair values disclosed below are based on available relevant
informasi relevan yang tersedia pada tanggal laporan posisi keuangan information at the consolidated statement of financial position date
konsolidasian dan tidak diperbaharui untuk mencerminkan perubahan and are not updated to reflect changes in market conditions which
dalam kondisi pasar yang telah terjadi setelah tanggal laporan posisi have occurred after the dates of the consolidated statements of
keuangan konsolidasian. financial position.
Tabel di bawah ini menyajikan nilai tercatat dan nilai wajar aset dan The table below presents the carrying amount and fair values of the
liabilitas keuangan Bank pada tanggal 31 Desember 2025 dan 2024: Bank’s financial assets and liabilities as of December 31, 2025 and
2024:
2025 2024
Nilai tercatat Nilai tercatat
/ Carrying Nilai wajar / / Carrying Nilai wajar /
amount Fair value amount Fair value
Aset keuangan Financial assets
Kas 4.347.459 4.347.459 2.867.479 2.867.479 Cash
Surat berharga Marketable securities
Nilai wajar melalui pendapatan komprehensif lain Fair value through other comprehensive income
Surat Utang Negara 11.254.968 11.254.968 8.427.170 8.427.170 Government bonds
Surat Utang Bank Indonesia (SRBI) 49.759 49.759 2.852.641 2.852.641 Bank Indonesia Rupiah securities
Sekuritas Berharga Syariah Negara - - 1.318.614 1.318.614 Government Sharia securities
Sukuk Bank Indonesia 330.386 330.386 - - Sukuk of Bank Indonesia
Obligasi Korporasi - Subordinasi - - - - Subordinated Corporate Bonds
Wesel 1.262 1.262 - - Bill
Biaya perolehan diamortisasi Amortized cost
Surat Utang Negara 5.494.271 5.460.519 6.401.962 6.321.956 Government bonds
Surat Berharga Syariah Negara 440.020 439.722 2.189.756 2.169.023 Government sharia securities
Obligasi 1.441.954 1.446.700 2.021.880 2.005.668 Bonds
Sukuk Bank Indonesia 1.874.444 1.877.707 1.501.132 1.501.132 Sukuk of Bank Indonesia
Sertifikat Pengelolaan Dana Berdasarkan Certificate of Fund Management Based
Prinsip Syariah Antarbank 2.150.000 2.150.000 645.000 645.000 on interbank Sharia Principles
Sekuritas Rupiah Bank Indonesia (SRBI) 3.991.275 4.099.527 2.802.182 2.799.498 Bank Indonesia Rupiah securities
Sertifikat Investasi Mudharabah Antarbank 300.000 300.000 950.000 950.000 Interbank Mudharabah Investment Certificates
Sukuk Korporasi 190.638 189.000 202.209 202.172 Sukuk of Corporation
Reksadana 248.000 248.000 188.494 188.494 Mutual funds
Negotiable Certificate of Deposits 5.231 5.674 - - Negotiable Certificate of Deposit
Surat Kredit Berdokumen Dalam Negeri - - 12.996 12.996 Domestic L/C
Diukur pada nilai wajar melalui laba rugi (FVTPL) Fair value through profit or loss (FVTPL)
Sertifikat Bank Indonesia 334.836 350.000 - - Certificates of Bank Indonesia
28.107.044 28.203.224 29.514.036 29.394.364
Jumlah 32.454.503 32.550.683 32.381.515 32.261.843 Total
188
Page 839
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
58. ASET DAN LIABILITAS KEUANGAN (lanjutan) 58. FINANCIAL ASSETS AND LIABILITIES (continued)
2025 2024
Nilai tercatat Nilai tercatat
/ Carrying Nilai wajar / / Carrying Nilai wajar /
amount Fair value amount Fair value
Giro pada Bank Indonesia 6.620.239 6.620.239 5.584.147 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain 675.483 675.483 505.084 505.084 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 8.552.865 8.552.865 1.633.470 1.633.470 and other banks
Surat berharga 28.107.297 28.107.297 29.517.088 29.517.088 Marketable securities
Tagihan reverse repo 7.630.818 7.630.818 617.860 617.860 Reverse repo receivable
Tagihan spot dan derivatif 2.165 2.165 1.144 1.144 Receivables of spot and derivatif
Tagihan lainnya 339.467 339.467 254.336 254.336 Other receivables
Kredit yang diberikan dan Loans and sharia
piutang/pembiayaan syariah 110.502.620 110.502.620 75.352.740 75.352.740 receivables/financing
Pendapatan bunga yang masih akan diterima 1.119.602 1.119.602 790.734 790.734 Interest receivable
Jumlah aset keuangan 163.550.556 163.550.556 114.256.603 114.256.603 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera 1.390.263 1.390.263 914.703 914.703 Obligations due immediately
Simpanan dari nasabah 109.944.253 109.944.253 75.056.838 75.056.838 Deposits from customers
Simpanan dari bank lain 4.028.150 4.028.150 733.874 733.874 Deposits from other banks
Pinjaman yang diterima 5.914.822 5.914.822 1.527.532 1.527.532 Borrowings
Beban yang masih harus dibayar 648.437 648.437 442.600 442.600 Accrued expenses
Liabilitas lain-lain 1.326.931 1.326.931 809.256 809.256 Other liabilities
Jumlah liabilitas keuangan 123.252.856 123.252.856 79.484.803 79.484.803 Total financial liabilities
i. Giro pada Bank Indonesia, giro pada bank lain, penempatan i. Current accounts with Bank Indonesia, other banks,
pada Bank Indonesia dan bank lain, surat-surat berharga dan placements with Bank Indonesia and other banks, marketable
tagihan lainnya securities and other receivables
Nilai tercatat dari kas dan setara kas, giro serta penempatan Carrying value of cash and cash equivalents, current accounts
dengan suku bunga mengambang adalah perkiraan yang layak and placements at floating interest rates are the reasonable
atas nilai wajar. estimates of fair value.
Estimasi nilai wajar terhadap penempatan dengan suku bunga The estimated fair value of placements with fixed interest rates,
tetap, surat-surat berharga dan tagihan lainnya ditetapkan marketable securities and other receivables are determined
berdasarkan diskonto arus kas dengan menggunakan suku based on discounted cash flows using the prevailing money
bunga pasar uang yang berlaku untuk utang dengan risiko kredit market interest rates for debt with the same credit risks and
dan sisa jatuh tempo yang serupa. Karena sisa jatuh tempo di remaining maturity. Because the residual maturity dates are
bawah 1 (satu) tahun, sehingga nilai tercatat dari penempatan below 1 (one) year, the carrying amount of fixed rate
dengan suku bunga tetap, surat-surat berharga dan tagihan placements, marketable securities and other receivables are
lainnya adalah perkiraan yang layak atas nilai wajar. reasonable estimates of fair value.
ii. Kredit yang diberikan dan piutang/pembiayaan syariah ii. Loans and sharia receivables/financing
Portofolio kredit Grup terdiri dari kredit yang diberikan dengan The Group credit portfolio consists of loans with fixed interest
suku bunga tetap. Kredit yang diberikan dinyatakan berdasarkan rates. The loans are stated at carrying amounts. The fair value
jumlah nilai tercatat. Nilai wajar dari kredit yang diberikan of the loans shows the estimated value of discounted future
menunjukkan nilai diskonto dari perkiraan arus kas masa depan cash flows expected to be received by the Group. Estimated
yang diharapkan akan diterima oleh Grup. Perkiraan arus kas ini cash flows are discounted using market interest rates to
didiskontokan dengan menggunakan suku bunga pasar untuk determine fair values.
menentukan nilai wajar.
iii. Liabilitas segera, simpanan dari nasabah dan simpanan dari iii. Liabilities immediately payable, deposits from customers and
bank lain dan liabilitas lain-lain deposits from other banks and other liabilities
Estimasi nilai wajar liabilitas segera, simpanan tanpa jatuh The estimated fair value of liabilities immediately payable,
tempo, termasuk simpanan tanpa bunga adalah sebesar jumlah deposits with no specified maturity, including non-interest-
terutang ketika utang tersebut dibayarkan. bearing deposits represent payable amounts when the debt is
paid.
189
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
58. ASET DAN LIABILITAS KEUANGAN (lanjutan) 58. FINANCIAL ASSETS AND LIABILITIES (continued)
iii. Liabilitas segera, simpanan dari nasabah dan simpanan dari iii. Liabilities immediately payable, deposits from customers and
bank lain dan liabilitas lain-lain (lanjutan) deposits from other banks and other liabilities (continued)
Estimasi nilai wajar terhadap simpanan dengan tingkat suku The estimated fair value of deposits with fixed interest rates
bunga tetap dan liabilitas lain-lain yang tidak memiliki kuotasi di and other liabilities that do not have a quotation price in an
pasar aktif ditetapkan berdasarkan diskonto arus kas dengan active market is determined based on discounted cash flows
menggunakan suku bunga utang baru dengan sisa jatuh tempo using the interest rates of new debt with similar maturities.
yang serupa. Adalah tidak praktis untuk memperkirakan nilai There is no practice to estimate the fair value of security
wajar dari setoran jaminan dikarenakan tidak memiliki jangka deposits due to they have no certain settlement schedule,
waktu pembayaran yang tetap meskipun tidak diharapkan dapat although is not expected to be settled within 12 months after
diselesaikan dalam waktu 12 bulan setelah tanggal pelaporan, the reporting date, the carrying amount of fixed rate deposits
sehingga nilai tercatat dari simpanan dengan suku bunga tetap and other liabilities are reasonable estimates of fair value.
dan liabilitas lain-lain adalah perkiraan yang layak atas nilai
iv. Surat berharga iv. Marketable securities
Nilai wajar untuk surat berharga yang dimiliki hingga jatuh tempo The fair value for marketable securities held to maturity is
ditetapkan berdasarkan harga pasar atau harga kuotasi determined based on market prices or quotation prices of
perantara (broker)/pedagang efek (dealer). Jika informasi ini intermediaries (brokers)/securities dealers. If this information is
tidak tersedia, nilai wajar diestimasi dengan menggunakan harga not available, fair value is estimated using quotation market
pasar kuotasi efek yang memiliki karakteristik kredit, jatuh tempo prices of securities with similar credit characteristics, maturities
dan yield yang serupa. Surat berharga yang tersedia untuk dijual and yields. The Available for sale for marketable securities are
adalah surat berharga yang ditetapkan untuk dimiliki pada intended to be held for indefinite period of time, which may be
periode tertentu dimana akan dijual dalam rangka pemenuhan sold in response to needs for liquidity or changes in interest
likuiditas atau perubahan suku bunga, valuta asing atau yang rates, exchange rates or that are not classified as loans and
tidak diklasifikasikan sebagai pinjaman yang diberikan atau receivables, held to maturity or financial assets at fair value
piutang, aset keuangan yang diklasifikasikan dalam kelompok through profit or loss.
dimiliki hingga jatuh tempo atau aset keuangan yang diukur pada
nilai wajar melalui laba rugi.
v. Pinjaman yang diterima v. Borrowings
Dihitung berdasarkan diskonto arus kas sesuai dengan sisa The calculation is based on the discounted cash flow
periode jatuh temponya. corresponding to the remaining period to maturity.
59. JAMINAN TERHADAP KEWAJIBAN PEMBAYARAN BANK UMUM 59. GOVERNMENT GUARANTEE OF OBLIGATIONS OF PRIVATE
Berdasarkan Undang-undang No.24 tanggal 22 November 2004 yang Based on Law No.24 dated November 22, 2004, which was effective
berlaku efektif sejak tanggal 22 November 2005, sebagaimana diubah on November 22, 2005 and subsequently amended by the
dengan Peraturan Pemerintah Pengganti Undang-Undang Republik Government Regulation-in-Lieu-of Law No.3 (Perppu No.3/2008)
Indonesia No.3 (Perppu No.3/2008) tanggal 13 Oktober 2008, dated October 13, 2008, the Indonesian Deposit Insurance
Lembaga Penjaminan Simpanan (LPS) dibentuk untuk menjamin Corporation (LPS) was formed to guarantee certain liabilities of
liabilitas tertentu bank umum berdasarkan program penjaminan yang commercial banks under the applicable guarantee program, where
berlaku, yang besaran nilai jaminannya dapat berubah jika memenuhi the amount of such guarantee can be changed if certain valid
kriteria tertentu yang berlaku. criteria are fullfilled.
Berdasarkan Peraturan Pemerintah No.66 Tahun 2008 tanggal 13 Based on Government Regulation No.66 of 2008 dated October 13,
Oktober 2008 tentang “Besaran Nilai Simpanan yang Dijamin 2008 regarding the "Amount of Deposit Guaranteed by the Deposit
Lembaga Penjamin Simpanan” yang disempurnakan melalui Insurance Corporation" which was amended through LPS
Peraturan LPS No.1/PLPS/2023 tanggal 12 Januari 2023 tentang Regulation No.1/PLPS/2023 dated January 12, 2023 concerning the
Program Penjaminan Simpanan bahwa saldo yang dijamin untuk Deposit Guarantee Program that the guaranteed balance for each
setiap nasabah pada satu Bank adalah paling tinggi Rp2.000.000.000 customer at one Bank is a maximum of Rp2,000,000,000 (two billion
(dua miliar Rupiah). Suku bunga penjaminan LPS pada tanggal 31 Rupiah). LPS guarantee interest rates as of December 31, 2025,
Desember 2025 dan 2024 masing-masing sebesar 3,5% dan 4,25% and 2024 are 3.5% and 4.25%, respectively, for deposits in
untuk simpanan dalam mata uang Rupiah. Untuk simpanan dalam Indonesian Rupiah. For deposits in foreign currencies, the rates as
mata uang asing pada tanggal 31 Desember 2025 dan 2024 masing- of December 31, 2025, and 2024 are 2% and 2.25%, respectively.
masing sebesar 2% dan 2,25%.
Pada tanggal 13 Januari 2009, Pemerintah Republik Indonesia telah On January 13, 2009, the Government of the Republic of Indonesia
mengesahkan Perppu No.3/2008 menjadi Undang-undang. has stipulated Perppu No.3/2008 to become a law.
Beban premi penjaminan Pemerintah yang dibayar oleh Grup pada The Government guarantee premiums paid by the Group as of
tanggal 31 Desember 2025 dan 2024, masing-masing sebesar December 31, 2025 and 2024, amounted to Rp206,180 and
Rp206.180 dan Rp169.226. Rp169,226, respectively.
190
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
60. PELAPORAN JATUH TEMPO 60. MATURITY PROFILE
Pelaporan jatuh tempo aset dan liabilitas menurut kelompok jatuh The maturity of the Group’s assets and liabilities based on the
temponya berdasarkan periode yang tersisa (sebelum penyisihan remaining period (before allowance for impairment losses), is as
kerugian), adalah sebagai berikut: follows:
2025
Tidak ada
tanggal
jatuh tempo
kontraktual / Sampai >1<3 >3<6 > 6 < 12
No dengan 1 bulan/ bulan / bulan / > 12 bulan /
contractual bulan / Up >1<3 >3<6 > 6 < 12 > 12 bulan Jumlah /
maturity to 1 month months months months months Total
ASET ASSETS
Kas 4.347.459 - - - - - 4.347.459 Cash
Current accounts with
Giro pada Bank Indonesia 6.620.239 - - - - - 6.620.239 Bank Indonesia
Giro pada bank lain 675.307 - - - - - 675.307 Current accounts with other banks
Penempatan pada Bank Placement with Bank Indonesia
Indonesia dan bank lain - 8.552.485 - - - - 8.552.485 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - 3.656.082 3.508.756 1.184.489 4.227.758 3.558.748 16.135.833 Amortized cost
Nilai wajar melalui pendapatan Fair value through other
komprehensif lain - - 2.028.197 1.415.642 3.482 8.189.054 11.636.375 comprehensive income
Diukur pada nilai wajar melalui Fair value through profit
laba rugi (FVTPL) - - - - - 334.836 334.836 or loss (FVTPL)
Tagihan reverse repo 7.630.818 - - - - 7.630.818 Reverse repo receivables
Tagihan spot dan derivatif - 2.165 - - - - 2.165 Receivables of spot and derivatif
Tagihan lainnya - 339.467 - - - - 339.467 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah - 905.036 2.238.495 2.615.720 5.190.511 95.839.221 106.788.983 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 1.119.602 - - - - - 1.119.602 Accrued interest income
Biaya dibayar dimuka 196.492 - - - - - 196.492 Prepaid expense
Investasi pada entitas asosiasi 745 - - - - - 745 Investments in associates
Aset tetap - bersih 3.014.005 - - - - - 3.014.005 Fixed assets - net
Aset pajak tangguhan - bersih 409.157 - - - - - 409.157 Deferred tax assets - net
Piutang pajak 144.065 - - - - - 144.065 Tax receivables
Aset lain-lain 484.579 - - - - - 484.579 Others assets
Jumlah 17.011.650 21.086.053 7.775.448 5.215.851 9.421.751 107.921.859 168.432.612 Total
LIABILITAS LIABILITIES
Liabilitas segera 1.390.263 - - - - - 1.390.263 Liability immediately
Simpanan dari nasabah 74.795.041 21.347.441 15.908.269 4.583.992 10.509.518 104.792 127.249.053 Deposits from customer
Simpanan dari bank lain 756.360 3.217.735 45.815 20.431 10.700 127.252 4.178.293 Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali - 3.518.805 - - - - 3.518.805 under repurchase agreement
Surat berharga yang diterbitkan - - - - - 1.968.253 1.968.253 Securities issued
Pinjaman yang diterima 5.914.822 - - - - - 5.914.822 Borrowings
Utang pajak 160.684 - - - - 160.684 Taxes payables
Beban yang masih harus dibayar 648.437 - - - - 648.437 Accrued expense
Liabilitas lain-lain 1.326.931 - - - - 1.326.931 Other liabilities
Jumlah 84.992.538 28.083.981 15.954.084 4.604.423 10.520.218 2.200.297 146.355.541 Total
Perbedaan jatuh tempo (67.980.888) (6.997.928) (8.178.636) 611.428 (1.098.467) 105.721.562 22.077.071 Maturity gap
191
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
60. PELAPORAN JATUH TEMPO (lanjutan) 60. MATURITY PROFILE (continued)
2024
Tidak ada
tanggal
jatuh tempo
kontraktual / Sampai >1<3 >3<6 > 6 < 12
No dengan 1 bulan/ bulan / bulan / > 12 bulan /
contractual bulan / Up >1<3 >3<6 > 6 < 12 > 12 bulan Jumlah /
maturity to 1 month months months months months Total
ASET ASSETS
Kas 2.867.479 - - - - - 2.867.479 Cash
Current accounts with
Giro pada Bank Indonesia 5.584.147 - - - - - 5.584.147 Bank Indonesia
Giro pada bank lain 504.807 - - - - - 504.807 Current accounts with other banks
Penempatan pada Bank Placement with Bank Indonesia
Indonesia dan bank lain - 1.632.192 - - - - 1.632.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - 3.972.622 1.125.380 2.636.685 3.359.213 5.821.711 16.915.611 Amortized cost
Nilai wajar melalui pendapatan fair value through
komprehensif lain - 399.427 486.235 777.629 1.277.342 9.657.792 12.598.425 other comprehensive income
Tagihan reverse repo - 231.199 - 386.661 - - 617.860 Reverse repo receivables
Tagihan spot dan derivatif - 1.144 - - - - 1.144 Receivables of spot and derivatif
Tagihan lainnya - 254.336 - - - - 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah - 820.225 2.072.791 1.847.495 3.880.548 64.618.457 73.239.516 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 790.520 - - - - - 790.520 Accrued interest income
Beban dibayar dimuka 206.572 - - - - - 206.572 Prepaid expense
Penyertaan saham 2.568 - - - - - 2.568 Investment in shares
Aset tetap - bersih 1.917.439 - - - - - 1.917.439 Fixed assets - net
Aset pajak tangguhan - bersih 438.391 - - - - - 438.391 Deferred tax assets - net
Piutang pajak 67.274 - - - - - 67.274 Tax receivables
Aset lain-lain 332.618 - - - - - 332.618 Others assets
Jumlah 12.711.815 7.311.146 3.684.406 5.648.470 8.517.103 80.097.960 117.970.900 Total
LIABILITAS LIABILITIES
Liabilitas segera 914.703 - - - - - 914.703 liability immediately
Simpanan dari nasabah 56.039.119 13.594.822 11.342.348 4.961.549 3.952.698 125.075 90.015.611 Deposits from customer
Simpanan dari bank lain 667.204 168.201 15.880 2.530 10.000 500 864.315 Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali - 8.780.366 - - - - 8.780.366 under repurchase agreement
Surat berharga yang diterbitkan - - - - - 102.389 102.389 Securities issued
Pinjaman yang diterima 1.527.532 - - - - - 1.527.532 Borrowings
Utang pajak 85.316 - - - - - 85.316 Taxes payables
Beban yang masih harus dibayar 442.600 - - - - - 442.600 Accrued expense
Liabilitas lain-lain 809.256 - - - - - 809.256 Other liabilities
Jumlah 60.485.730 22.543.389 11.358.228 4.964.079 3.962.698 227.964 103.542.088 Total
Perbedaan jatuh tempo (47.773.915) (15.232.243) (7.673.822) 684.391 4.554.405 79.869.996 14.428.812 Maturity Gap
192
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI KEUANGAN ENTITAS ANAK DAN UNIT USAHA 61. SUBSIDIARIES AND SHARIA UNIT FINANCIAL INFORMATION
SYARIAH
2025 2024
ASET ASSETS
Kas 691.612 539.364 Cash
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 1.894.503 1.404.553 and other banks
Surat berharga 4.559.122 4.024.607 Marketable securities
Dikurangi: cadangan kerugian penurunan nilai (19) (2.710) Less: Allowance for impairment losses
Surat berharga - bersih 6.453.606 5.426.450 Marketable securities - net
Piutang: Receivables:
- Murabahah 3.084.660 2.941.516 Murabahah -
- Qardh 86.121 56.456 Qardh -
Dikurangi: cadangan kerugian penurunan nilai (55.181) (68.990) Less: Allowance for impairment losses
Piutang - bersih 3.115.600 2.928.982 Receivables - net
Pembiayaan: Financing:
- Musyarakah 11.730.752 10.901.768 Musyarakah -
- Mudharabah 37.811 61.292 Mudharabah -
Dikurangi: cadangan kerugian penurunan nilai (341.873) (139.554) Less: Allowance for impairment losses
Pembiayaan - bersih 11.426.690 10.823.506 Financing - net
Aset ijarah 1.201 900 Ijarah assets
Aset tetap 942.481 854.926 Fixed assets
Dikurangi: Akumulasi penyusutan (213.176) (174.215) Less: Accumulated depreciation
Nilai buku bersih 730.506 681.611 Net book value
Penyertaan modal - 2.568 Investment in shares
Aset lain-lain 175.762 158.935 Other assets
JUMLAH ASET 22.593.776 20.561.416 TOTAL ASSETS
LIABILITAS, INVESTASI LIABILITIES, UNCOMMITED
TIDAK TERIKAT DAN EKUITAS INVESTMENT AND EQUITY
LIABILITAS LIABILITIES
Giro wadiah 235.514 242.359 Wadiah current accounts
Tabungan wadiah 260.262 255.812 Wadiah savings
Liabilitas segera 230.304 316.061 Obligations due immediately
Surat berharga yang diterbitkan 8.335 202.389 Securities issued
Liabilitas lainnya 2.433.225 2.391.171 Other liabilities
JUMLAH LIABILITAS 3.167.640 3.407.792 TOTAL LIABILITIES
INVESTASI TIDAK TERIKAT UNCOMMITTED INVESTMENT
Giro mudharabah 3.243.018 1.626.496 Mudharabah current account
Tabungan mudharabah 4.709.419 4.738.859 Mudharabah savings
Deposito berjangka mudharabah 9.502.506 8.723.959 Mudharabah time deposits
JUMLAH INVESTASI TIDAK TERIKAT 17.454.943 15.089.314 TOTAL UNCOMMITTED INVESTMENT
EKUITAS LIABILITIES
Modal disetor 1.007.751 957.651 Paid in capital
Tambahan modal disetor 25.899 50.662 Other paid in capital
Penghasilan komprehensif lainnya 80.510 54.740 Other comprehensive income
Agio saham 60.784 60.784 Share premium
Cadangan umum 738.176 698.335 General reserve
Laba bersih 58.073 242.138 Net income
JUMLAH EKUITAS 1.971.193 2.064.310 TOTAL EQUITY
JUMLAH LIABILITAS, INVESTASI TOTAL LIABILITIES, UNCOMMITTED
TIDAK TERIKAT DAN EKUITAS 22.593.776 20.561.416 INVESTMENT AND EQUITY
- -
193
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI KEUANGAN ENTITAS ANAK DAN UNIT USAHA 61. SUBSIDIARIES AND SHARIA UNIT FINANCIAL INFORMATION
SYARIAH (lanjutan) (continued)
2025 2024
LAPORAN LABA RUGI CONSOLIDATED STATEMENTS
KONSOLIDASIAN OF PROFIT OR LOSS
Pendapatan operasional Operating income
- Margin 259.801 237.938 Margin -
- Bagi hasil 1.144.119 1.046.914 Profit sharing -
- Sewa 299 207 Rents -
- Lainnya 401.580 355.734 Others -
Pendapatan operasional 1.805.799 1.640.793 Operating income
Beban bagi hasil untuk investor Profit sharing expenses to
dana investasi tidak terikat non-restricted investors fund
- Bank (1.527) (2.876) Bank -
- Bukan bank (676.145) (595.299) Non bank -
Bagi hasil (677.672) (598.175) Profit sharing
Beban operasional lainnya Other operating expenses
- Bonus - (1) Bonuses -
- Penyisihan kerugian penurunan nilai (245.871) (78.723) Allowance for impairment losses -
- Beban administrasi dan umum (471.704) (308.857) General and administratif expenses -
- Beban personalia (293.568) (286.975) Personnel expenses -
- Beban lainnya (50.269) (53.606) Others -
(1.061.412) (728.162)
Pendapatan operasional - bersih 66.715 314.456 Net operating income
Beban non-operasional (21.619) (13.768) Non-operating expenses
Pendapatan non-operasional 25.385 12.639 Non-operating income
Pajak kini (6.939) (78.553) Current tax
Pajak tangguhan (5.469) 7.364 Deferred tax
Laba tahun berjalan 58.073 242.138 Profit during the year
- -
62. ASET/LIABILITAS KONTINJENSI 62. CONTINGENT ASSETS/LIABILITIES
Grup saat ini mempunyai aset/liabilitas kontinjensi yang signifikan The Group currently has significant contingent assets/liabilities in
terkait dengan beberapa perkara perdata sebagai berikut: connection with several civil cases as follows:
1. Perkara Perdata No.124/Pdt.G/2023/PN.Mlg tanggal 30 Mei 2023 1. Civil Case No.124/Pdt.G/2023/PN.Mlg dated 30th May, 2023 with
dengan Penggugat Galuh Nalibronto Prabaningrum dan Galuh Nalibronto Prabaningrum and Ngatemoen Harijono as the
Ngatemoen Harijono, potensi kerugian materiil sebesar Rp3.100, Plaintiffs, with potential material losses on the amount to
Para Penggugat sebagai Penjamin mengajukan gugatan kepada Rp3,100, The Plaintiffs as Guarantor filed a lawsuit against Bank
Bank agar mengembalikan objek jaminan kepada Penggugat to return the collateral object to the Plaintiff due to the credit was
karena kredit dianggap tidak sah. Berdasarkan informasi via SIPP considered invalid. According to the SIPP on November 19, 2024.
telah terdapat putusan kasasi pada tanggal 19 November 2024. Bank has filled Judicial Review dated July 2, 2025. Currently in
Bank Jatim mengajukan upaya Hukum Peninjauan Kembali tanggal process in The Supreme Court.
02 Juli 2025. Proses Peninjauan Kembali.
2. Perkara Perdata No.70/Pdt.G/2025/PN.Sda tanggal 1 Maret 2025 2. Civil Case No.70/Pdt.G/2025/PN.Sda dated March 1, 2025 with
dengan Penggugat Selvy Susatya, dengan potensi kerugian materiil Selvy Susatya as a Plaintiff, with potential material losses on the
sebesar Rp5.000, Penggugat mengajukan gugatan Perbuatan amount to Rp5,000, the Plaintiff filed a lawsuit against the Bank
Melawan Hukum kepada Bank Jatim. Saat ini Penggugat contained unlawful acts. The Plaintiff has filled Cassation on 18th
melakukan upaya hukum Kasasi tanggal 18 Desember 2025. December 2025. Currently in Cassation process in The Supreme
Court.
3. Perkara Perdata No.746/Pdt.G/2023/PN.Sby tanggal 26 Juli 2023 3. Civil Case No.746/Pdt.G/2023/PN.Sby dated July 26, 2023 with
dengan Penggugat PT Toya Indo Manunggal, potensi kerugian PT Toya Indo Manunggal as a Plaintiff, with potential material
materiil sebesar Rp5.732, Penggugat mengajukan gugatan kepada losses on the amount to Rp5,732, The Plaintiff filed a lawsuit
Bank agar menyerahkan seluruh termijn yang diterima oleh PT against the Bank to hand over all termijn that has been received
Acretia Inti Shosha Persada/Tergugat 2 atas pengerjaan proyek by PT Acretia Inti Shosha Persada/2nd Defendant for project
dari PT Indonesia Power. Telah terdapat putusan kasasi work from PT Indonesia Power. There was a cassation decision
No.5636K/Pdt/2024.jo, No.243/PDT/2024/PT.SBY.jo No.5636K/Pdt/2024.jo, No.243/PDT/2024/PT.SBY.jo
No.746/Pdt.G/2023/PM.Sby Tanggal 15 Januari 2025. Bank Jatim No.746/Pdt.G/2023/PM.Sby dated January 15, 2025. Bank has
mengajukan upaya Hukum Peninjauan Kembali pada tanggal 06 filled Judicial Review dated May 6, 2025. Currently in process in
Mei 2025. Proses Peninjauan Kembali. The Supreme Court.
194
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
62. ASET/LIABILITAS KONTINJENSI (lanjutan) 62. CONTINGENT ASSETS/LIABILITIES (continued)
4. Perkara Perdata No.92/Pdt.G/2025/PN.Gsk tanggal 8 Oktober 2025 4. Civil Case No.92/Pdt.G/2025/PN.Gsk dated October 8, 2025 with
dengan Penggugat Mulyo Cito Amien, dengan potensi kerugian Mulyo Cito Amien as a Plaintiff, with potential material losses on
materiil sebesar Rp33.000, Penggugat mengajukan gugatan the amount to Rp33,000, the Plaintiff filed a lawsuit against the
kepada Bank proses lelang jaminan Bank Jatim mengandung Bank. Bank Jatim's auction process contained unlawful acts.
Perbuatan Melawan Hukum. Saat ini dalam proses persidangan di Currently in trial at the Gresik District Court.
Pengadilan Negeri Gresik.
5. Perkara Perdata No.98/Pdt.G/2024/PN.Gsk tanggal 25 September 5. Civil Case No. 98/Pdt.G/2024/PN. Gsk dated September 25,
2024 dengan Penggugat Bambang Wibisono, dengan potensi 2024, with Plaintiff Bambang Wibisono, claiming potential material
kerugian materiil sebesar Rp5.300, Penggugat mengajukan damages of Rp5,300, the Plaintiff filed a lawsuit against Bank
gugatan kepada Bank proses kredit Bank Jatim mengandung Jatim on the grounds that Bank Jatim’s credit process involved an
Perbuatan Melawan Hukum. Bank Jatim melakukan upaya hukum unlawful act. Bank Jatim filed a cassation appeal on July 23,
Kasasi Pada tanggal 23 Juli 2025. Proses Kasasi. 2025. Cassation proceedings.
6. Perkara perdata No.584/Pdt.G/2007/PN.Sby tanggal 21 November 6. Civil Case No.584/Pdt.G/2007/PN.Sby dated November 21, 2007
2007 tentang gugatan PT Hikmah Surya Jaya kepada Bank untuk on the lawsuit of PT Hikmah Surya Jaya towards Bank,
memenuhi ganti rugi materiil atas kredit dana bergulir sebesar demanding compensation on the amount to Rp3,000 regarding
Rp3.000. Pengadilan Negeri (PN) dan Pengailan Tinggi (PT) revolving credit. The District Court and the Appellate Court has
memutuskan pihak Bank menang. Bank telah mengirimkan surat decided that Bank won the case. Bank has sent a letter,
No.057/0865/HKM/LIT/LEGAL/SRT tanggal 3 Juli 2018 dan registered No.057/0865/HKM/LIT/LEGAL/SRT on July 3, 2018
diterima PN tanggal 6 Juli 2018. Masih menunggu jawaban surat and has been received by the District Court on July 6, 2018. Still
dari PN untuk kepastian inkracht putusan Pengadilan Tinggi waiting for a response from the District Court for the permanent
tersebut. legal force (inkracht) decision from the Appellate Court.
7. Perkara Perdata No.19/Pdt.G/2025/PN.Smp tanggal 4 Juli 2025 7. Civil Case No.19/Pdt.G/2025/PN.Smp dated July 4, 2025 with R.
dengan Penggugat R. Erfan Sutopo, dengan potensi kerugian Erfan Sutopo as a Plaintiff, with potential material losses on the
materiil sebesar Rp50.000, Penggugat mengajukan gugatan amount to Rp50,000, the Plaintiff filed a lawsuit against the Bank.
kepada Bank proses kredit Bank Jatim mengandung Perbuatan Bank Jatim's credit process contained unlawful acts. The Plaintiff
Melawan Hukum. Saat ini Penggugat melakukan upaya hukum has filled Appeal on December 22, 2025. Currently processing in
Banding tanggal 22 Desember 2025. The Appellate Court.
8. Saat ini NTBS sedang menghadapi kasus gugatan perdata di 8. NTBS is now filed a lawsuit in the District Court in Dompu with
Pengadilan Negeri Dompu yang terdaftar dengan Perkara Case No.40/Pdt.G/PN Dpu dated September 10, 2025, NTBS as
No.40/Pdt.G/2025/PN Dpu tanggal 10 September 2025, NTBS Defendant I in the land dispute case concerning Ownership Land
sebagai Tergugat I atas perkara sengketa lahan Sertifikat Hak Milik Rights (Sertifikat Hak Milik or "SHM") No.436/Simpasai covering
(SHM) No.436/Simpasai seluas 305 m2 milik pihak Penggugat yaitu an area of 305 m2 owned by the Plaintiff, H. Abubakar Mansyud
H. Abubakar Mansyud als A.Bakar Mas’ud. Perkara ini merupakan alias A. Bakar Mas'ud. This case is a re-filing of the Plaintiff's
gugatan kembali dari gugatan Penggugat sebelumnya yang telah previous lawsuit, which was decided by the Dompu District Court
diputus oleh pengadilan Negeri Dompu pada tanggal 6 September on September 6, 2024, with a verdict of Niet Ontvanklijk
2024 dengan amar putusan Niet Ontvanklijk Verklaard karena Verklaard (not admissible) due to lack of parties or formal defects
kurang pihak atau cacat formil serta tidak terdapat nilai sengketa and the absence of a disputed value in this case. This dispute is
dalam permasalahan ini. Sengketa ini masih dalam proses still in the judicial process at the Dompu District Court with a
peradilan pada Pengadilan Negeri Dompu dengan agenda sidang hearing agenda of mediation.
yaitu mediasi.
9. Saat ini NTBS sedang menghadapi kasus gugatan perdata di 9. NTBS is now filed a lawsuit case at the Dompu District Court
Pengadilan Negeri Dompu yang terdaftar dengan Perkara registered under Case No.44/Pdt.G/2025/PN Dpu dated
No.44/Pdt.G/2025/PN Dpu tanggal 23 September 2025, NTBS September 23, 2025, NTBS as Defendant III in the land dispute
sebagai Tergugat III atas perkara sengketa lahan Hak Guna case regarding Building Use Rights (HGB) No. 01 of 2007 in the
Bangunan (HGB) No.01 tahun 2007 Atas nama NTBS status Hak name of NTBS, the status of the Building Use Rights (HGB) is
Guna Bangunan (HGB) tersebut dalam penguasaan NTBS. under the control of NTBS. The plaintiff is seeking the
Tuntutan yang diminta oleh Penggugat yaitu pembatalan jual beli cancellation of the sale and purchase or transfer of ownership of
atau balik nama SHGB tersebut, NTBS diminta penggantian the SHGB, and NTBS requesting joint and several compensation
kerugian secara tanggung renteng bersama seluruh Tergugat for damages from all defendants in the amount of Rp1,320. This
dengan nilai Rp1.320. Sengketa ini telah dilaksanakan sidang dispute has been heard in court with the agenda of completing
dengan agenda kelengkapan pihak dan selanjutnya sidang the parties, and the next hearing will be held through the E-Court
dilaksanakan melalui proses E-Court dengan agenda memberikan process with the agenda of filing an exception to the plaintiff's
eksepsi atas gugatan penggugat. lawsuit.
Perkara perdata lainnya dengan nilai gugatan masing-masing dibawah Other civil cases which value under Rp3,000 demands of each
Rp3.000 sejumlah Rp105.132. lawsuit on the amount to Rp105,132.
Grup berkeyakinan bahwa penyelesaian kasus-kasus tersebut tidak Group as well believes that all the cases has mention above doesn’t
mengganggu kinerja Grup. affect Group performances.
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. PERIKATAN-PERIKATAN SIGNIFIKAN 63. SIGNIFICANT AGREEMENTS
1. Pada tanggal 27 Januari 2009, NTBS telah melakukan Perjanjian 1. On January 27, 2009, NTBS entered into Agreement with PT
Kerja Sama dengan PT Collega Inti Pratama (CIP) tentang Collega Inti Pratama (CIP) concerning Outsourcing of
Outsourcing Penyediaan Jasa Core Banking System Conventional Core Grouping System Services, Sharia Core
Konvensional, Core Banking System Syariah, Risk Management , Grouping Syistem, Risk Management, Data Warehouse/MIS,
Data Warehouse / MIS, Loan Origination System , sebagai Loan Origination System, as previous coopertion continuation.
kelanjutan kerjasama sebelumnya. Pada tanggal 19 Maret 2025, On March 19, 2025, the Group entered into the first addendum
NTBS mengadakan adendum Pertama dengan PT Collega Inti with PT Collega Inti Pratama (CIP) regarding the Outsourcing of
Pratama (CIP) tentang Outsourcing Penyediaan Jasa Core Sharia Core Grouping System Services, Data Warehouse / MIS,
Banking System Syariah, Data Warehouse / MIS, Regulatory Regulatory Report, eMWare Gateaway, MPN, and PSAK 73
Report , Gateaway eMWare , MPN, dan Aplikasi PSAK 73 sebagai Application as a continuation of the previous collaboration. This
kelanjutan kerjasama sebelumnya. Perjanjian ini berlaku selama 3 agreement is valid for 3 (three) years, starting from January 26,
(tiga) tahun, terhitung sejak tanggal 26 Januari 2025 sampai 26 2025 to January 26, 2028.
Januari 2028.
2. Berdasarkan perjanjian kerjasama No.SPJ/430/13/50/2021 dan 2. Based on cooperation agreement No.SPJ/430/13/50/2021 and
No.030/PKS.BPDNTB/ AJ/300/2021 tanggal 28 Juli 2021, NTBS No.030/PKS.BPDNTB/ AJ/300/2021 dated July 28, 2021, NTBS
melakukan kerjasama Penyediaan Jasa Layanan Mobile Banking entered into cooperation agreement with PT Artajasa Electronic
dengan PT Artajasa Pembayaran Elektronik. Maksud dan tujuan Payment to provide Mobile Grouping Services. The purpose and
kerjasama ini adalah untuk menyediakan dan mengembangkan objective of this cooperation is to provide and develop the Mobile
Sistem Mobile Banking untuk memberikan solusi yang akan Grouping System to provide a solution that will make it easier and
memudahkan dan meningkatkan efisiensi bagi NTBS guna improve the efficiency of the NTBS to the implementation of
terselenggaranya Layanan Mobile Banking oleh NTBS, sesuai Mobile Grouping Services by NTBS, in accordance with the
dengan lingkup penyediaan, syarat, ketentuan serta batasan yang scope of the providing of these services, made under terms and
diatur dalam Perjanjian ini. Perjanjian ini akan tetap berlaku dan conditions and limitations set forth in this agreement. This
mengikat para pihak, kecuali jika salah satu pihak memutuskan agreement will remain in force and bind the parties, unless one of
untuk mengakhiri perjanjian sesuai dengan ketentuan yang berlaku. the parties decides to terminate the agreement in accordance
with the applicable provisions.
3. Berdasarkan Perjanjian Kerjasama No.SPJ/0012a/03/50/2022 dan 3. Based on the Cooperation Agreement No.SPJ/0012a/03/50/2022
No.0074/LA/CORP/2022 Tanggal 19 Januari 2022 Tentang and No.0074/LA/CORP/2022 dated January 19, 2022 regarding
Pengadaan Mesin ATM dan CRM NTBS. Maksud dan ruang the Procurement of ATM and CRM Machines of NTBS. The
lingkup perjanjian ini yaitu NTBS memberikan tugas untuk purpose and scope of this agreement is that the NTBS gives the
melaksanakan Pekerjaan Pengadaan sewa 75 unit mesin ATM dan task to carry out the work of procuring leases for 75 units of ATM
4 unit mesin CRM. Jangka waktu perjanjian selama 5 (lima) tahun machines and 4 units of CRM machines. The term of the
terhitung sejak mesin ATM dan CRM mulai beroperasional yang agreement is 5 (five) years from the time the ATM and CRM
dituangkan dalam Berita Acara Operasional. machines start operating as outlined in the Operational Minutes.
4. Berdasarkan Perjanjian Kerjasama No.SPJ/446/15/50/2021 dan 4. Based on the Cooperation Agreement No.SPJ/446/15/50/2021
No.068/PKS/LB/DJIBANKNTBS/VII/2021 tanggal 5 Juli 2021 and No.068/PKS/LB/DJIBANKNTBS/VII/2021 dated July 5, 2021,
Tentang Penyelenggaraan Penerimaan Tagihan Pembayaran concerning the Implementation of Receipt of Payment Bills for
Perusahaan Daerah Air Minum (PDAM) dan Layanan Jasa Regional Drinking Water Companies (PDAM) and Other Payment
Pembayaran Lainnya NTBS melakukan kerjasama dengan PT Services NTBS cooperate with PT Design Jaya Indonesia. The
Design Jaya Indonesia. Maksud dan ruang lingkup perjanjian ini purpose and scope of this agreement are that NTBS as the
yaitu NTBS sebagai pengelola Payment Point bersedia melakukan manager of the Payment Point is willing to accept payments for
penerimaan pembayaran Tagihan Air Minum (PDAM) dan Layanan drinking water bills (PDAM) and other payment services as well
jasa pembayaran lainnya serta melakukan penyetoran dana hasil as depositing the proceeds from bill payments to other NTBS
pembayaran Tagihan ke rekening NTBS lain pihak kedua dalam hal accounts of the second party, in this case, PT Design Jaya
ini PT Design Jaya Indonesia atau kerekening NTBS pemilik Indonesia or NTBS accounts. the owner of the account bill is
tagihan rekening sebagaimana di atur lebih lanjut. further regulated.
Apabila jangka waktu perjanjian berakhir dan tidak terdapat pihak If the term of the agreement expires and neither party expresses
yang menyatakan kehendak untuk mengakhiri perjanjian ini, maka an intention to terminate this agreement, then the parties agree
para pihak sepakat bahwa perjanjian ini akan diperpanjang secara that this agreement will be automatically extended for the
otomatis untuk satu tahun berikutnya dan berlaku demikian untuk following year and so on for subsequent years without requiring
tahun-tahun selanjutnya tanpa memerlukan konfirmasi atau further confirmation or approval. Thus, the parties remain bound
persetujuan lebih lanjut. Dengan demikian, para pihak tetap terikat and subject to all terms and conditions contained in this
dan tunduk pada seluruh syarat dan ketentuan yang tercantum agreement.
dalam perjanjian ini.
5. Berdasarkan PKS No.SPJ/0147/03/50/2025 dan 5. Based on PKS No.SPJ/0147/03/50/2025 and
No.84.4/AJII/III//JARDIS/PKS/0625 tanggal 26 Juni 2025 sampai No.84.4/AJII/III//JARDIS/PKS/0625 dated June 26, 2025 to June
dengan 25 Juni 2026, NTBS telah menandatangani kesepakatan 25, 2026, NTBS has signed an agreement with PT Asuransi Jiwa
dengan PT Asuransi Jiwa Inhealth Indonesia. Maksud dan tujuan Inhealth Indonesia. The purpose and objective of this agreement
perjanjian ini adalah untuk penyediaan Asuransi Jiwa Inhealth is to provide Inhealth Indonesia Life Insurance to insured
Indonesia kepada peserta yang diasuransikan sesuai yang telah participants as stipulated in this agreement and the policy. This
diatur pada perjanjian ini dan polis. Perjanjian ini berlaku selama 12 agreement is valid for 12 (twelve) months.
(dua belas) bulan.
196
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. PERIKATAN-PERIKATAN SIGNIFIKAN (lanjutan) 63. SIGNIFICANT AGREEMENTS (continued)
6. Berdasarkan Perjanjian kerjasama No.SPJ/445/15/50/2021 dan 6. Based on the cooperation agreement No.SPJ/445/15/50/2021
No.067/PKS/LB/DJIBANKNTBS/VII/2021 tanggal 5 Juli 2021 and No.067/PKS/LB/DJIBANKNTBS/VII/2021 dated July 5, 2021,
tentang Penyelenggaraan layanan Aggregator Penerimaan regarding the implementation of the Aggregator service for the
Pembayaran tagihan Perusahaan Daerah Air Minum (PDAM), Receipt of Payments for Regional Drinking Water Companies
NTBS melakukan perjanjian kerjasama dengan PT Design Jaya (PDAM), NTBS entered into a cooperation agreement with PT
Indonesia. PT Design Jaya Indonesia menawarkan kepada NTBS Design Jaya Indonesia. PT Design Jaya Indonesia offers
kerjasama sebagai berikut: PT Design Jaya Indonesia menjadi cooperation NTBS as follows: PT Design Jaya Indonesia
mitra teknis bagi NTBS dalam pelaksanaan penerimaan becomes a technical partner for NTBS in the implementation of
pembayaran tagihan PDAM secara online; PT Design Jaya online receipts of PDAM bill payments; PT Design Jaya Indonesia
Indonesia menerima pembayaran tagihan PDAM di payment point accepts PDAM bill payments at NTBS kios payment point
kios NTBS yang dikelola PT Design Jaya Indonesia; NTBS dan PT managed by PT Design Jaya Indonesia; NTBS and PT Design
Design Jaya Indonesia berhak atas pembagian imbalan jasa/fee Jaya Indonesia have entitled to the distribution of service
yang sumber materinya berasal dari biaya Administrasi yang fees/fees whose material sources come from administrative fees
dikenakan per pelanggan per transaksi diseluruh loket kios NTBS charged per customer per transaction at all kios NTBS counters
atas layanan pembayaran tagihan beberapa produk PDAM. for bill payment services for several PDAM products.
Jangka waktu perjanjian ini akan berakhir apabila salah satu pihak The term of this agreement shall expire if either party declares in
menyatakan secara tertulis niat untuk mengakhiri perjanjian. writing its intention to terminate the agreement. In the absence of
Apabila tidak ada pernyataan pengakhiran dari salah satu pihak, a declaration of termination by either party, the parties agree that
maka para pihak sepakat bahwa perjanjian ini akan diperpanjang this agreement shall be automatically extended for one further
secara otomatis untuk satu tahun berikutnya, dan demikian year, and so on for subsequent years without the need for
seterusnya untuk tahun-tahun berikutnya tanpa memerlukan confirmation or re-approval.
konfirmasi atau persetujuan ulang.
7. Berdasarkan Perjanjian Kerjasama 7. Based on the Cooperation Agreement
No.030/PKS.BPDNTB/AJ/300/2021 dan No.SPJ/430/13/50/2021 No.030/PKS.BPDNTB/AJ/300/2021 and No.SPJ/430/13/50/2021
Tentang Settlement Tagihan Samsat Digital Nasional yang concerning National Digital Samsat Bill Settlement signed on July
ditandatangani pada tanggal 28 Juli 2021. Maksud dan Ruang 28, 2021. The purpose and scope of this cooperation is that
Lingkup kerjasama ini adalah Artajasa akan menerima pembayaran Artajasa will receive customer bill payments through the
tagihan pelanggan melalui Collecting Agent dan Artajasa kemudian Collecting Agent and Artajasa will then forward the part of the bill
akan meneruskan bagian dari tagihan yang hak atau wewenang whose rights or management authority are under the regional
pengelolaannya berada di bawah satuan kerja pengelola keuangan financial management work unit and raharja services (Fund) to
daerah dan jasa raharja (Dana) kepada NTBS untuk selanjutnya NTBS to be forwarded back to the parties entitled and authorized
diteruskan kembali kepada pihak – pihak yang berhak dan to manage the part of the bill (Bill Settlement). This agreement
berwenang mengelola atas bagian dari tagihan tersebut can be terminated early in accordance with the provisions of this
(Settlement Tagihan). Perjanjian ini dapat akhiri lebih awal sesuai agreement.
dengan ketentuan pada perjanjian ini.
8. Berdasarkan perjanjian kerjasama Co-Branding TAPCASH antara 8. Based on the Co-Branding TAPCASH cooperation agreement
PT Bank Negara Indonesia (Persero) Tbk dengan NTBS between PT Bank Negara Indonesia (Persero) Tbk and NTBS
No.SPJ/289/15/50/2022 tanggal 6 Desember 2022, yaitu berupa No.SPJ/289/15/50/2022 dated December 6, 2022, covering the
penerbitan Kartu Co-Branding TapCash dan layanan API Top Up issuance of Co-Branding TapCash Cards and API services for
Update saldo TapCash. Berlaku selama 3 (tiga) tahun dan dapat TapCash balance top-up and update. The agreement is valid for
diperpanjang kembali berdasarkan kesepakatan para pihak. a period of three (3) years and may be extended upon mutual
agreement of the parties.
9. Berdasarkan perjanjian kerja sama No.SPJ/680/06/50/2021 dan 9. Pursuant to Cooperation Agreements No.SPJ/680/06/50/2021
No.PERJ-061/TL/122021 tanggal 29 Desember 2021 tentang and No.PERJ-061/TL/122021 dated December 29, 2021,
Pengelolaan Pendanaan Penghargaan Akhir Masa Pengabdian regarding the Management of Funding for End-of-Service
Bagi Karywan NTBS melalui Program Asuransi Taspen Save. Benefits for Employees of NTBS through the Taspen Save
Ruang Lingkup Perjanjian ini adalah penyelenggaraan dan Insurance Program. The scope of this Agreement is the
pengelolaan pendanaan untuk akhir masa pengabdian karyawan implementation and management of funding for the end-of-
tetap NTBS sesuai syarat, ketentuan dan manfaat dalam perjanjian service benefits of permanent employees of the NTBS in
ini dan/atau polis serta peraturan perundang – undangan yang accordance with the terms, conditions, and benefits set forth in
berlaku. Perjanjian ini berlaku terhitung sejak tanggal 1 Desember this Agreement and/or the policy, as well as applicable laws and
2021 sampai dengan para pihak sepakat untuk mengakhiri regulations. This Agreement is effective as of December 1, 2021,
perjanjian ini dengan ketentuan para pihak tidak akan mengakhiri until the parties agree to terminate this Agreement, provided that
perjanjian ini dalam waktu kurang dari 3 (tiga) tahun sejak the parties shall not terminate this Agreement within a period of
ditandatanganinya perjanjian ini. less than 3 (three) years from the date of its signing.
10. Berdasarkan Perjanjian Kerjasama No.Jan-3/C.5.7/2024 dan 10. Based on Cooperation Agreement No.Jan-3/C.5.7/2024 and
No.SPJ/0120/15/50/2024 tanggal 14 Juni 2024, NTBS telah No.SPJ/0120/15/50/2024 dated June 14, 2024, NTBS has signed
menandatangani kesepakatan kerjasama dengan PT Taspen a cooperation agreement with PT Taspen (Persero) regarding the
(Persero) tentang Pembayaran Tabungan Hari Tua, Pensiun, Payment of Old Age Savings, Pension, Work Accident Insurance,
Jaminan Kecelakaan Kerja, dan Jaminan Kematian Melalui and Death Insurance Through NTBS Accounts. The term of this
Rekening NTBS. Jangka waktu perjanjian ini 2 (dua) tahun agreement is 2 (two) years starting from June 14, 2024 to June
terhitung sejak tanggal 14 Juni 2024 sampai dengan 13 Juni 2026. 13, 2026.
197
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. PERIKATAN-PERIKATAN SIGNIFIKAN (lanjutan) 63. SIGNIFICANT AGREEMENTS (continued)
11. Berdasarkan Perjanjian Kerjasama No.TIB.IBF/DFI.311/2022 dan 11. Based on Cooperation Agreement No.TIB.IBF/DFI.311/2022 and
No.SPJ/273/07/40/2022 tanggal 15 November 2022, NTBS telah No.SPJ/273/07/40/2022 dated November 15, 2022, NTBS has
menandatangani kesepakatan kerjasama dengan PT Bank Mandiri signed a cooperation agreement with PT Bank Mandiri (Persero)
(Persero) Tbk tentang Penunjukan Bank Sponsor dalam Tbk concerning the Appointment of Sponsor Banks in the
penyelenggaraan BI-FAST. Maksud dan tujuan perjanjian ini adalah implementation of BI-FAST. The purpose and objective of this
NTBS memenuhi kewajiban sebagai Peserta Tidak Langsung (PTL) agreement is that NTBS fulfills its obligations as an Indirect
dalam Bank Indonesia Fast Payment (BI-Fast) untuk memiliki Bank Participant (PTL) in Bank Indonesia Fast Payment (BI-Fast) to
Sponsor guna melakukan pengelolaan likuiditas PTL. Perjanjian ini have a Sponsor Banks to manage PTL liquidity. This agreement
berlaku selama 2 (dua) tahun sejak tanggal ditandatanganinya is valid for 2 (two) years from the date the agreement was signed.
perjanjian dan dapat diperpanjang secara otomatis untuk jangka This agreement is valid for 2 (two) years from the date of signing
waktu yang sama, sepanjang tidak ada permintaan dari salah satu the agreement and can be automatically renewed for the same
Pihak untuk mengakhiri perjanjian. period, as long as there is no request from either Party to
terminate the agreement.
12. Pada tanggal 25 Juni 2025, BNTT telah menandatangani Perjanjian 12. On June 25, 2025, BNTT signed a Cooperation Agreement with
Kerjasama dengan PT Mitra Edukasi Nusantara tentang Layanan PT Mitra Edukasi Nusantara regarding Online Virtual Account
Virtual Account Online atas Pengadaan Barang/Jasa di Sekolah Services for the Procurement of Goods/Services in Schools
melalui Marketplace . Perjanjian ini berlaku sejak ditandatangani through Marketplace. This agreement is valid from the date of
sampai dengan 2 (dua) tahun dan diperpanjang otomatis selama signing for a period of 2 (two) years and is automatically extended
belum ada konfirmasi penghentian. as long as there is no confirmation of termination.
13. Pada tanggal 23 Januari 2025, BNTT telah menandatangani 13. On January 23, 2025, BNTT signed a Cooperation Agreement
Perjanjian Kerjasama dengan Direktorat Jenderal Perbendaharaan with the Directorate General of Treasury of the Ministry of
Kementerian Keuangan Republik Indonesia tentang Pengelolaan Finance of the Republic of Indonesia regarding State Cash
Kas Negara. Perjanjian ini berlaku sejak ditandatangani sampai Management. This agreement is valid from the date of signing
dengan 31 Januari 2027. until January 31, 2027.
14. Pada tanggal 23 Desember 2024, BNTT telah menandatangani 14. On December 23, 2024, BNTT signed a Cooperation Agreement
Perjanjian Kerjasama dengan Badan Pengelola Tabungan with the People's Housing Savings Management Agency
Perumahan Rakyat tentang Penyaluran Dana Fasilitas Likuiditas regarding the Distribution of Housing Financing Liquidity Facility
Pembiayaan Perumahan Melalui Kredit Pemilikan Rumah Sejahtera Funds through Credit for Low-Income Communities. This
Bagi Masyarakat Berpenghasilan Rendah. Perjanjian ini berlaku agreement is valid from January 1, 2025 to December 31, 2025.
sejak 1 Januari 2025 sampai dengan 31 Desember 2025.
15. Pada tanggal 24 Juni 2024, BNTT telah menandatangani Perjanjian 15. On June 24, 2024, BNTT has signed a Cooperation Agreement
Kerjasama dengan PT Taspen (Persero) tentang penyelenggaraan with PT Taspen (Persero) regarding the implementation of the
produk asuransi kumpulan Taspen Save, untuk jaminan hari tua, Taspen Save collection of insurance products, for old age
pensiun, jaminan kecelakaan kerja dan jaminan kematian melalui insurance, pensions, work accident insurance and death
rekening Bank. Perjanjian ini berlaku sejak ditandatangani sampai insurance through bank accounts. This Agreement is valid from
dengan 24 Juni 2026. the time it is signed until June 24, 2026.
16. Pada tanggal 30 Agustus 2023 BNTT telah menandatangani 16. On August 30, 2023, BNTT signed a Cooperation Agreement with
Perjanjian Kerjasama dengan Badan Penyelenggara Jaminan the Employment Social Security Agency regarding the Collection
Sosial Ketenagakerjaan tentang Penerimaan Iuran Peserta BPJS of BPJS Employment Contributions through Banking Services.
Ketenagakerjaan melalui Jasa Perbankan. Perjanjian ini berlaku This agreement is valid for a period of 2 (two) years and may be
untuk jangka waktu 2 (dua) tahun dan dapat diperpanjang kembali renewed by mutual agreement of the parties by giving written
atas kesepakatan para pihak dengan menyampaikan notice no later than 30 (thirty) calendar days before the expiration
pemberitahuan secara tertulis paling lambat 30 (tiga puluh) hari date of the Agreement.
kalender sebelum tanggal berakhirnya Perjanjian.
17. Pada tanggal 18 Januari 2021 BNTT telah menandatangani 17. On January 18, 2021, BNTT has signed a Cooperation
Perjanjian Kerjasama dengan PT Sarana Pactindo tentang sewa Agreement with PT Sarana Pactindo regarding the rental of EDC
menyewa mesin EDC beserta Aplikasi yang terinstal untuk machines along with Installed Applications, to be placed in all Sub-
kemudian ditempatkan diseluruh Kantor Cabang dan Capem. branch and Branch Offices. This agreement is valid for a period
Perjanjian ini berlaku untuk jangka waktu 5 (lima) tahun dan dapat of 5 (five) years and can be extended again upon the agreement
diperpanjang kembali atas kesepakatan para pihak. of the parties.
18. Pada tanggal 18 Januari 2021 BNTT telah menandatangani 18. On January 18, 2021, BNTT has signed a Cooperation
Perjanjian Kerjasama dengan PT Insan Teknologi Semesta tentang Agreement with PT Insan Teknologi Semesta regarding the rental
sewa menyewa 78 (tujuh puluh delapan) unit mesin ATM beserta of 78 (seventy eight) ATM machines along with installed
Aplikasi yang terinstal untuk kemudian ditempatkan diseluruh applications that will be placed in all Sub-branch and Branch
Kantor Cabang dan Capem. Perjanjian ini berlaku untuk jangka Offices. This agreement is valid for a period of 5 (five) years and
waktu 5 (lima) tahun dan dapat diperpanjang kembali atas can be extended again upon the agreement of the parties.
kesepakatan para pihak.
19. Pada tanggal 17 Mei 2017, BNTT telah menandatangani Addendum 19. On May 17, 2017, BNTT signed Addendum II to the Cooperation
II Perjanjian Kerjasama dengan PT Asuransi Kredit Indonesia Agreement with PT Asuransi Kredit Indonesia regarding Credit
tentang Penjaminan Kredit Usaha Rakyat (KUR). Addendum II Guarantees for Small Business Loans (KUR). Addendum II to the
perjanjian tersebut berlaku mulai 1 Januari 2017 hingga saat ini. agreement is effective from January 1, 2017, to the present.
198
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. PERIKATAN-PERIKATAN SIGNIFIKAN (lanjutan) 63. SIGNIFICANT AGREEMENTS (continued)
20. Pada tanggal 17 Mei 2017, Bank telah menandatangani Perjanjian 20. On May 17, 2017, the Bank signed a Cooperation Agreement with
Kerjasama dengan Pemerintah Provinsi Jawa Timur tentang the Province Government of East Java regarding the Distribution
Penyaluran Kredit Program Dagulir Provinsi Jawa Timur. Modal of Credit for the East Java Province Dagulir Program. The funding
pendanaan tersebut berasal dari APBD Provinsi Jawa Timur serta for this program comes from the East Java Province
sumber lain yang sah dan tidak mengikat dengan pola channeling . Government's Regional Revenue and Expenditure Budget
Jangka waktu perjanjian ini berlaku selama dua tahun sejak 22 (APBD) as well as other legitimate and non-binding sources
Maret 2024 hingga 22 Maret 2026 dan dapat diperpanjang sesuai through a channeling mechanism. The agreement is valid for two
kesepakatan. years, from March 22, 2024, to March 22, 2026, and may be
extended by mutual agreement.
21. Pada tanggal 17 Juli 2023, Bank menandatangani perjanjian 21. On July 17, 2023, the Bank signed a cooperation agreement with
kerjasama dengan PT Asuransi Perisai Listrik Nasional PT Asuransi Perisai Listrik Nasional No.062/084/DIR/OPS/PKS
No.062/084/DIR/OPS/PKS dan No.206/PKS/DIR-APLN/VII/2023 and No.206/PKS/DIR-APLN/VII/2023 regarding Bank
tentang Kontra Bank Garansi. Perjanjian ini berlaku selama 3 tahun Guarantees. This agreement is valid for 3 years from July 17,
terhitung sejak tanggal 17 Juli 2023 sampai dengan 16 Juli 2026. 2023 to July 16, 2026.
22. Pada tanggal 29 Desember 2023, Bank menandatangani perjanjian 22. On December 29, 2023, the Bank signed a cooperation
kerjasama dengan PT Asuransi Eka Llyod Jaya agreement with PT Asuransi Eka Llyod Jaya
No.062/160/DIR/ADK/PKS dan No.075/DIR-ELJ/PKS/XII/23 tentang No.062/160/DIR/ADK/PKS and No.075/DIR-ELJ/PKS/XII/23
Penutupan Asuransi Kredit Pemilikan Rumah Program Pemerintah. concerning the Closure of Government Program Home
Perjanjian ini berlaku selama 3 tahun terhitung sejak tanggal 29 Ownership Credit Insurance. This agreement is valid for 3 years
Desember 2023 sampai dengan 29 Desember 2026. from December 29, 2023 to December 29, 2026.
23. Pada tanggal 29 Desember 2023, Bank menandatangani perjanjian 23. On December 29, 2023, the Bank signed a cooperation
kerjasama dengan PT Asuransi Eka Llyod Jaya agreement with PT Asuransi Eka Llyod Jaya
No.062/159/DIR/ADK/PKS dan No.074/DIR-ELJ/PKS/XII/23 tentang No.062/159/DIR/ADK/PKS and No.074/DIR-ELJ/PKS/XII/23
Penutupan Asuransi Kredit Konsumer. Perjanjian ini berlaku selama regarding Consumer Credit Insurance Coverage. This agreement
3 tahun terhitung sejak tanggal 29 Desember 2023 sampai dengan is valid for 3 years from December 29, 2023 to December 29,
29 Desember 2026. 2026.
24. Pada tanggal 10 Desember 2024, Bank menandatangani perjanjian 24. On December 10, 2024, the Bank signed a cooperation
kerjasama dengan PT Asuransi Kredit Indonesia agreement with PT Asuransi Kredit Indonesia
No.34/PKS/BBI/DIR/XII/2024 dan No.063/136/DIR/ADK/APJK/PKS No.34/PKS/BBI/DIR/XII/2024 and
tentang Asuransi Kredit. Perjanjian ini berlaku selama 5 tahun No.063/136/DIR/ADK/APJK/PKS regarding Credit Insurance. This
terhitung sejak tanggal 10 Desember 2024 sampai dengan 9 agreement is valid for 5 years from December 10, 2024 to
Desember 2029. December 9, 2029.
25. Pada tanggal 20 Januari 2025, Bank menandatangani perjanjian 25. On January 20, 2025, the Bank signed a cooperation agreement
kerjasama dengan PT Asuransi Kredit Indonesia with PT Asuransi Kredit Indonesia No.01/PKS/KUR/DIR/I/2025
No.01/PKS/KUR/DIR/I/2025 dan No.064/007/DIR/ADK/APJK/PKS and No.064/007/DIR/ADK/APJK/PKS regarding Credit
tentang Penjaminan Kredit Usaha Rakyat. Perjanjian ini berlaku Guarantees for Small Businesses. This agreement is valid for 3
selama 3 tahun terhitung sejak tanggal 20 Januari 2025 sampai years from January 20, 2025 to January 20, 2028.
dengan 20 Januari 2028.
26. Pada tanggal 10 November 2025, Bank menandatangani perjanjian 26. On November 10, 2025, the Bank signed a cooperation
kerjasama dengan PT Jamkrida Jatim (Perseroda) agreement with PT Jamkrida Jatim (Perseroda)
No.085/JamkridaJatim/XI/2025 dan No.064/121/DIR/ADK/PKS No.085/JamkridaJatim/XI/2025 and No.064/121/DIR/ADK/PKS
tentang Penjaminan Kredit. Perjanjian ini berlaku selama 3 tahun regarding Credit Guarantees. This agreement is valid for 3 years
terhitung sejak tanggal 10 November 2025 sampai dengan 10 from November 10, 2025 to November 10, 2028.
November 2028.
27. Pada tanggal 31 Desember 2025, Bank menandatangani perjanjian 27. On December 31, 2025, the Bank signed a cooperation
kerjasama dengan PT Penjaminan Jamkrindo Syariah agreement with PT Penjaminan Jamkrindo Syariah
No.141/PKS/JAMSYAR/XII/2025 dan No.064/141/DIR/ADK/PKS No.141/PKS/JAMSYAR/XII/2025 and No.064/141/DIR/ADK/PKS
tentang Penjaminan (Kafalah) Pembiayaan Syariah. Perjanjian ini regarding Sharia Financing Guarantees (Kafalah). This
berlaku selama 3 tahun terhitung sejak tanggal 6 November 2025 agreement is valid for 3 years from November 6, 2025 to
sampai dengan 6 November 2028. November 6, 2028.
28. Pada tanggal 24 Januari 2020, Bank menandatangani perjanjian 28. On January 24, 2020, the Bank signed a cooperation agreement
kerjasama dengan PT Datindo Infonet Prima with PT Datindo Infonet Prima No.059/005.1/DIR/PGP/PKS and
No.059/005.1/DIR/PGP/PKS dan No.001/DIP/PKS-CRM/I/2020 No.001/DIP/PKS-CRM/I/2020 regarding the Procurement of Cash
tentang Pekerjaan Pengadaan Jasa Sewa Mesin Cash Recycling Recycling Machine (CRM) Rental Services for 2019. On
Machine (CRM) tahun 2019. Pada tanggal 12 November 2025, November 12, 2025, the Bank signed addendum III to
Bank menandatangani addendum III perjanjian kerjasama cooperation agreement No.064/014/OPR/OREC/PKS and
No.064/014/OPR/OREC/PKS dan No.027/DIP/PKS-CRM/XI/2025, No.027/DIP/PKS-CRM/XI/2025, with a term of 12 months from
dengan jangka waktu 12 bulan sejak tanggal 31 Desember 2025 December 31, 2025 to December 31, 2026.
sampai 31 Desember 2026.
199
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. PERIKATAN-PERIKATAN SIGNIFIKAN (lanjutan) 63. SIGNIFICANT AGREEMENTS (continued)
29. Pada tanggal 16 Oktober 2020, Bank menandatangani perjanjian 29. On October 16, 2020, the Bank signed a cooperation agreement
kerjasama dengan PT Datindo Infonet Prima with PT Datindo Infonet Prima No.059/189/DIR/DJE/PKS and
No.059/189/DIR/DJE/PKS dan No.013/DIP/PKS-ATM/X/2020 No.013/DIP/PKS-ATM/X/2020 regarding the Procurement of
tentang Pekerjaan Pengadaan Jasa Sewa Mesin Automatic Teller Automatic Teller Machine (ATM) Rental Services for 2020. On
Machine (ATM) tahun 2020. Pada tanggal 12 November 2025, November 12, 2025, the Bank signed addendum IV to
Bank menandatangani adendum IV perjanjian kerjasama cooperation agreement No.064/015/OPR/OREC/PKS and
No.064/015/OPR/OREC/PKS dan No.028/DIP/PKS-CRM/XI/2025, No.028/DIP/PKS-CRM/XI/2025, with a term of 12 months from
dengan jangka waktu 12 bulan sejak tanggal 31 Desember 2025 December 31, 2025 to December 31, 2026.
sampai 31 Desember 2026.
30. Pada tanggal 2 Juni 2021, Bank menandatangani perjanjian 30. On June 2, 2021, the Bank signed a cooperation agreement with
kerjasama dengan PT Datindo Infonet Prima PT Datindo Infonet Prima No.060/087.2/DIR/OPR/PKS and
No.060/087.2/DIR/OPR/PKS dan No.006/DIP/PKS-CRM/VI/2021 No.006/DIP/PKS-CRM/VI/2021 regarding the 2021 Repeat Order
tentang Pekerjaan Pengadaan Repeat Order (RO) ke I sewa mesin (RO) Procurement for CRM machine rental. On September 24,
CRM tahun 2021. Pada tanggal 24 September 2025, Bank 2025, the Bank signed addendum III to the cooperation
menandatangani adendum III perjanjian kerjasama dengan jangka agreement with a term of 1 year, effective from the date of the
waktu 1 tahun dan efektif sejak Berita Acara Operasional sampai Operational Minutes until September 30, 2026.
dengan 30 September 2026.
31. Pada tanggal 5 Januari 2024, Bank melakukan perjanjian 31. On January 5, 2024, the Bank entered into a cooperation
kerjasama dengan PT Bumiputera Wisata sesuai Akta Notaris agreement with PT Bumiputera Wisata in accordance with
Yatiningsih, S.H., M.H. No.2 tentang sewa menyewa gedung Notarial Deed Yatiningsih, S.H., M.H. No.2 concerning the lease
perkantoran Graha Bumi Surabaya. Jangka waktu sewa berlaku of the Graha Bumi Surabaya office building. The lease term is
selama 2 tahun terhitung mulai dari tanggal 5 Maret 2024 sampai valid for 2 years, starting from March 5, 2024, until March 4, 2026.
dengan tanggal 4 Maret 2026.
64. BANK KUSTODIAN 64. BANK CUSTODY
Jasa Kustodian Bank mendapatkan ijin operasi oleh OJK berdasarkan The Bank Custodian Services has obtained an operating license
surat OJK No.S-4/PM.2/2019 tanggal 29 Januari 2019. Bank based on the letter of OJK No.S-4/PM.2/2019 date Januari 29, 2019.
Kustodian merupakan bagian dari Divisi Dana Jasa, Sub Divisi Priority Bank’s Custodian, which is part of the Service and Fund Divisions,
Banking & Kustodian, adapun jasa-jasa yang diberikan diantaranya: Priority Banking & Custodian Sub-Divisions, provides a full range of
custodian services such as:
1. Penyimpanan (safekeeping) dan administrasi atas Efek-efek 1. Safekeeping and administration of marketable securities and
maupun dokumen berharga lainnya; other valuable assets;
2. Penyelesaian transaksi jual dan beli Efek berbentuk warkat (script) 2. Settlement and handling services for script and scriptless trading
maupun tanpa warkat (scriptless); transactions;
3. Pengurusan hak-hak nasabah atas kepemilikan efek-efek yang 3. Corporate action services related to the rights of the marketable
disimpan sehingga hak tersebut efektif di rekening nasabah securities;
(corporate action);
4. Perwakilan (proxy) pada Rapat Umum Pemegang Saham dan 4. Proxy services for its customers’ shareholder meetings and bond
Rapat Umum Pemegang Obligasi; holder meetings;
5. Sub-Registry untuk melayani investor yang melakukan transaksi 5. Sub-Registry service provider for securities settlement and
dan investasi Efek; dan investment; and
6. Penyampaian laporan (reporting) dan informasi (information) yang 6. Generate reports and information regarding customers’
terkait dengan Efek-efek dan/atau dokumen berharga milik marketable securities which are kept and administered by Bank.
nasabah yang disimpan dan diadministrasikan oleh Bank.
Pada tanggal – tanggal 31 Desember 2025 dan 2024, Kustodian Bank As of December 31, 2025 and 2024, Bank Jatim’s custodians
Jatim memiliki 6 nasabah dan 3 nasabah. Nasabah utama terdiri dari operations has 6 customers and 3 customers. The customer are
Divisi Treasuri dan Dana Pensiun. Nilai portofolio yang disimpan pada primarily Treasury Division and Pension Funds. Total portfolio value
tanggal 31 Desember 2025 dan 2024 adalah Rp1.945.024 dan as of December 31, 2025 and 2024 amounted to Rp1,945,024 and
Rp2.306.873. Rp2,306,873
200
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN FINANCIAL ACCOUNTING STANDARD
a. Giro Wajib Minimum ("GWM") dan Rasio Penyangga a. Reserve Requirements ("RR") and Macroprudential
Likuiditas Makroprudensial ("PLM") Liquidity Buffer ("MPLB")
Saldo giro pada Bank Indonesia disediakan untuk memenuhi The demand deposit balance at Bank Indonesia is provided to
persyaratan Giro Wajib Minimum (“GWM”) dari Bank Indonesia. meet the Minimum Reserve Requirement ("GWM") set by
Pada tanggal 31 Desember 2025 dan 2024, Rasio GWM Rupiah Bank Indonesia. As of December 31, 2025 and 2023, the
dan Valuta asing serta Rasio Penyangga Likuiditas Required Reserve Ratio for Rupiah and foreign currencies, as
Makroprudensial (“PLM”) yang harus dipenuhi Bank adalah well as the Macroprudential Liquidity Buffer Ratio ("PLM") that
sebagai berikut: the Bank must comply with, are as follows:
Rasio (GWM) Bank adalah sebagai berikut: The statutory reserve of the Bank was as follows:
2025 2024
Konvensional Conventional
Rupiah Rupiah
GWM Primer Primary Statutory Reserve
Harian 0,16% 1,66% Daily
Rata-rata 7,44% 5,15% Average
Penyangga Likuiditas Makroprudensial (PLM) 10,86% 22,46% Macroprudential Liquidity Buffer
Mata uang asing 93,26% 9,03% Foreign currencies
Syariah Syariah
Rupiah 6,41% 5,60% Rupiah
NTBS 4,29% 5,08% NTBS
Rasio GWM pada tanggal 31 Desember 2025 dan 2024 dihitung The statutory reserves ratio as of December 31, 2025 and
berdasarkan Peraturan Bank Indonesia (PBI) No.20/3/PBI/2018 2024 is calculated based on Bank Indonesia Regulation (PBI)
sebagaimana diubah terakhir dengan PBI No.24/4/PBI/2022 No.20/3/PBI/2018 which have been amanded with PBI
tanggal 25 Februari 2022 dengan Peraturan Anggota Dewan No.24/4/PBI/2022 dated February 25, 2022 with PADG No.31
Gubernur (PADG) terakhir yaitu PADG No.31 tahun 2025 year 2025 dated Desember 23, 2025 regarding Statutory
tanggal 23 Desember 2025 tentang tentang Giro Wajib Minimum Reserves in Rupiah and Foreign Currency, for Conventional
dalam Rupiah dan Valuta Asing, Bagi Bank Umum Commercial Banks, Islamic Commercial Banks and Sharia
Konvensional, Bank Umum Syariah dan Unit Usaha Syariah. Business Units.
Berdasarkan surat dari Bank Indonesia No.27/250/DKMP/Srt/B Based on a letter from Bank Indonesia No.27/250/DKPM/Srt/B
tanggal 12 Desember 2025 dan merujuk pada Peraturan Bank dated December 12, 2025 and referring to Bank Indonesia
Indonesia No. 11 Tahun 2023 dan PADG No.27 Tahun 2025, Regulation No.11 Year 2023 and PADG No.21 Year 2024,
untuk periode tanggal 16 Desember 2025 s/d 31 Desember from December 16, 2025 to December 31, 2025 Bank has
2025, Bank telah memperoleh insentif atas penyediaan dana obtained incentives for providing funds for activities a certain
untuk kegiatan ekonomi tertentu dan inklusif berupa pemotongan and inclusive economy that reduction in the fulfillment of the
pemenuhan GWM masing-masing sebesar 4,5% untuk statutory reserve requirement by 4.5% for conventional and
konvensional dan 4,5% untuk syariah. 4.5% for sharia respectively.
Berdasarkan surat dari Bank Indonesia No.26/201/DKMP/Srt/B Based on a letter from Bank Indonesia No.26/201/DKPM/Srt/B
tanggal 2 Desember 2024 dan merujuk pada Peraturan Bank dated December 2, 2024 and referring to Bank Indonesia
Indonesia No.11 Tahun 2023 dan PADG No.4 Tahun 2024, Regulation No.11 Year 2023 and PADG No.4 Year 2024, from
untuk periode tanggal 1 Desember 2024 s/d 31 Desember 2024, December 1, 2024 to December 31, 2024 Bank has obtained
Bank telah memperoleh insentif atas penyediaan dana untuk incentives for providing funds for activities a certain and
kegiatan ekonomi tertentu dan inklusif berupa pemotongan inclusive economy that reduction in the fulfillment of the
pemenuhan GWM masing-masing sebesar 4,0% untuk statutory reserve requirement by 4.0% for conventional and
konvensional dan 4,0% untuk syariah. 4.0% for sharia respectively.
Rasio PLM pada tanggal 31 Desember 2025 dihitung The PLM ratio as of December 31, 2025 is calculated based
berdasarkan Peraturan Bank Indonesia (PBI) No.20/4/PBI/2018 on Bank Indonesia Regulation (PBI) No.20/4/PBI/2018 which
sebagaimana diubah terakhir dengan PBI No.24/16/PBI/2022 have been amended with PBI No.24/16/PBI/2022 dated
tanggal 31 Oktober 2022 dan Peraturan Anggota Dewan October 31, 2022 and PADG No.23 year 2025 dated October
Gubernur (PADG) terakhir yaitu PADG No. 23 tahun 2025 20, 2025 regarding Macroprudential Intermediation Ratio and
tanggal 20 Oktober 2025 tentang Rasio Intermediasi Macroprudential Liquidity Buffer for Conventional Commercial
Makroprudensial dan Penyangga Likuiditas Makroprudensial Banks, Islamic Commercial Banks and Sharia Business Units.
bagi Bank Umum Konvensional, Bank Umum Syariah dan Unit
Usaha Syariah.
201
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARD (continued)
a. Giro Wajib Minimum ("GWM") dan Rasio Penyangga a. Reserve Requirements ("RR") and Macroprudential
Likuiditas Makroprudensial ("PLM") (lanjutan) Liquidity Buffer ("MPLB") (continued)
Pada tanggal 31 Desember 2025 dan 2024, sesuai dengan As of December 31, 2025 and 2024, based on the above Bank
ketentuan Bank Indonesia tersebut di atas, Grup harus Indonesia regulations, the Group is required to maintain
memenuhi persyaratan GWM dalam Rupiah sebesar 9%, primary statutory reserve in Rupiah amounting to 9%, while
sedangkan untuk mata uang asing sebesar 4%. Untuk statutory reserve for foreign currency amounting to 4%.
Penyangga Likuiditas Makroprudensial (PLM) sebesar 5% dalam Macroprudential Liquidity Buffer (PLM) amounting to 5% in
Rupiah pada tanggal 31 Desember 2025 dan 2024. Rupiah as of December 31, 2025 and 2024.
Pada tanggal 31 Desember 2025 dan 2024, sesuai dengan As of December 31, 2025 and 2024, based on the Bank
ketentuan Bank Indonesia tersebut berdasarkan prinsip syariah, Indonesia regulations, for sharia principle, the Bank is required
Bank harus memenuhi persyaratan GWM dalam Rupiah sebesar to maintain statutory reserve in Rupiah amounting 7.5%.
7,5%.
Grup telah memenuhi ketentuan Bank Indonesia tentang Giro The Group has complied with Bank Indonesia regulations
Wajib Minimum pada tanggal 31 Desember 2025 dan 2024. concerning the minimum reserve requirments as of December
31, 2025 and 2024.
Sisa umur jatuh tempo atas giro pada Bank Indonesia The remaining period of current amount with Bank Indonesia is
dikategorikan sebagai kurang dari 1 (satu) bulan (Catatan 51). catagorized as less than 1 (one) month (Note 51).
Pengungkapan lebih lanjut pada giro pada Bank Indonesia The further disclosures on current accounts with Bank
diungkapkan pada Catatan 4. Indonesia are presented in Note 4.
b. Giro pada bank lain b. Current accounts with other bank
Giro pada bank lain pada tanggal 31 Desember 2025 dan 2024, Current accounts with other banks as of December 31, 2025
digolongkan sebagai lancar. Tidak terdapat saldo giro pada bank and 2024 were classified as current. None were blocked or
lain yang diblokir atau digunakan sebagai agunan. under liens as collateral.
Pengungkapan lebih lanjut pada giro pada bank lain The further disclosures on current accounts with other banks
diungkapkan pada Catatan 5. are presented in Note 5.
c. Penempatan pada Bank Indonesia dan bank lain c. Placements with Bank Indonesia and other banks
Semua penempatan pada Bank Indonesia dan bank lain pada All placements with Bank Indonesia and other banks as of
tanggal 31 Desember 2025 dan 2024 digolongkan lancar. December 31, 2025 and 2024 were classified as current.
Pengungkapan lebih lanjut pada penempatan pada Bank The further disclosures on placements with Bank Indonesia
Indonesia dan bank lain diungkapkan pada Catatan 6. and other banks are presented in Note 6.
d. Surat-surat berharga d. Marketable securities
Pada tanggal 31 Desember 2025 dan 2024, kolektibilitas surat- As of December 31, 2025 and 2024, the collectibility of
surat berharga adalah dalam kategori lancar. securities are classified as current.
Pengungkapan lebih lanjut pada surat-surat berharga The further disclosures on marketable securities are presented
diungkapkan pada Catatan 8. in Note 8.
e. Penyertaan saham e. Investment in shares
Pada tanggal 31 Desember 2024, kolektibilitas penyertaan As of December 31, 2024, the collectibility of investment in
saham adalah dalam kategori lancar. shares are classified as current.
Pengungkapan lebih lanjut pada penyertaan saham diungkapkan The further disclosures investment in shares are presented in
pada Catatan 15. Note 15.
f. Tagihan lainnya f. Other receivables
Pada tanggal 31 Desember 2025 dan 2024, kolektibilitas tagihan As of December 31, 2025 and 2024, the collectibility of other
lainnya adalah dalam kategori lancar. receivables are classified as current.
Pengungkapan lebih lanjut pada tagihan lainnya diungkapkan The further disclosures other receivables are presented in
pada Catatan 10. Note 10.
202
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARD (continued)
g. Kredit yang diberikan dan piutang/pembiayaan syariah g. Loans and sharia receivables/financing
Berdasarkan kolektibilitas sesuai Peraturan OJK By Financial Service Authority Rule collectibility
Berdasarkan jenis, mata uang dan kolektibilitas By type, currency and collectibility
2025
Dalam
perhatian
khusus /
Lancar / Special Kurang lancar Diragukan /
Current mention / Substandard Doubtful Macet / Loss Jumlah / Total
Rupiah/Rupiah :
Pihak berelasi/Related parties :
Modal kerja/Working capital 58.277 829 - - - 59.106
Investasi/Investment 462.865 - - - - 462.865
Karyawan/Employee 133.090 417 - - - 133.507
Konsumsi/Consumer 48.111 - - - 164 48.275
702.343 1.246 - - 164 703.753
Pihak ketiga/Third parties :
Konsumsi/Consumer 69.359.232 839.258 68.606 102.233 894.886 71.264.215
Modal kerja/Working capital 20.360.437 1.747.384 120.016 141.206 2.003.113 24.372.156
Investasi/Investment 6.432.899 1.252.682 14.924 39.421 370.886 8.110.812
Sindikasi/Syndicated 3.065.587 170.382 - - - 3.235.969
Karyawan/Employee 2.686.913 12.697 2.039 1.398 18.550 2.721.597
101.905.068 4.022.403 205.585 284.258 3.287.435 109.704.749
Jumlah Rupiah/ Total Rupiah : 102.607.411 4.023.649 205.585 284.258 3.287.599 110.408.502
Valuta asing/Foreign currencies :
Pihak ketiga/Third parties :
Modal kerja/Working capital 94.118 - - - - 94.118
94.118 - - - - 94.118
Jumlah valuta asing/Total foreign currencies : 94.118 - - - - 94.118
Jumlah/Total 102.701.529 4.023.649 205.585 284.258 3.287.599 110.502.620
Penyisihan kerugian penurunan nilai/
Allowance for impairment losses (695.614) (861.355) (74.286) (101.871) (1.980.511) (3.713.637)
Jumlah - bersih/Total - net 102.005.915 3.162.294 131.299 182.387 1.307.088 106.788.983
203
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARD (continued)
g. Kredit yang diberikan dan piutang/pembiayaan syariah (lanjutan) g. Loans and sharia receivables/financing (continued)
Berdasarkan kolektibilitas sesuai Peraturan OJK (lanjutan) By Financial Service Authority Rule collectibility
(continued)
Berdasarkan jenis, mata uang dan kolektibilitas (lanjutan) By type, currency and collectibility (continued)
2024
Dalam
perhatian
khusus /
Lancar / Special Kurang lancar Diragukan /
Current mention / Substandard Doubtful Macet / Loss Jumlah / Total
Rupiah/Rupiah :
Pihak berelasi/Related parties :
Karyawan/Employee 98.392 - - - 233 98.625
Modal kerja/Working capital 7.820 - - - - 7.820
Konsumsi/Consumer 5.999 - - - - 5.999
112.211 - - - 233 112.444
Pihak ketiga/Third parties :
Konsumsi/Consumer 41.245.912 531.331 49.901 62.843 531.672 42.421.659
Modal kerja/Working capital 13.274.374 1.028.293 99.547 124.032 1.192.979 15.719.225
Sindikasi/Syndicated 4.294.071 84.151 - - - 4.378.222
Karyawan/Employee 1.972.424 9.045 436 557 11.541 1.994.003
Investasi/Investment 394.793 1.397 31 - 14.577 410.798
61.181.574 1.654.217 149.915 187.432 1.750.769 64.923.907
Jumlah Rupiah/ Total Rupiah : 61.293.785 1.654.217 149.915 187.432 1.751.002 65.036.351
Valuta asing/Foreign currencies :
Pihak ketiga/Third parties :
Modal kerja/Working capital 8.895.748 1.181.731 27.952 23.363 187.595 10.316.389
8.895.748 1.181.731 27.952 23.363 187.595 10.316.389
Jumlah valuta asing/Total foreign currencies : 8.895.748 1.181.731 27.952 23.363 187.595 10.316.389
Jumlah/Total 70.189.533 2.835.948 177.867 210.795 1.938.597 75.352.740
Penyisihan kerugian penurunan nilai/
Allowance for impairment losses (431.246) (356.037) (62.386) (72.734) (1.190.821) (2.113.224)
Jumlah - bersih/Total - net 69.758.287 2.479.911 115.481 138.061 747.776 73.239.516
Batas Maksimum Pemberian Kredit (BMPK) Legal Lending Limits (BMPK)
Pada tanggal 31 Desember 2025 dan 2024, Grup telah As of December 31, 2025 and 2024, the Group was in
memenuhi ketentuan BMPK. compliance with Bank Indonesia’s legal lending limits.
Rasio Kredit Usaha Kecil Terhadap Jumlah Kredit Ratio of Small Enterprises Loans to Loans Receivable
Rasio kredit usaha mikro, kecil dan menengah (UMKM) terhadap Ratio of micro, small and medium scale enterprises (UMKM)
jumlah kredit yang diberikan pada tanggal-tanggal 31 Desember credit to total loans as at December 31, 2025 and 2024 were
2025 dan 2024, masing-masing adalah sebesar 22,26% dan 22.26% and 26.14% and respectively.
26,14%.
Ikhtisar Kredit Bermasalah Non-performing loans
2025 2024
Jumlah NPL 3.777.442 2.327.259 Total NPL
Rasio NPL bruto 3,42% 3,09% Ratio of gross NPL
Rasio NPL neto 1,47% 1,33% Ratio of net NPL
Pengungkapan lebih lanjut pada kredit yang diberikan dan The further disclosures loans and sharia receivebles/financing
piutang/pembiayaan syariah diungkapkan pada Catatan 11. are presented in Note 11.
204
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARD (continued)
h. Posisi Devisa Neto h. Net Open Position
Perhitungan Posisi Devisa Neto (PDN) didasarkan pada The calculation of Net Open Position (NOP) is based on Bank
Peraturan Bank Indonesia No.5/13/PBI/2003 tanggal 17 Juli Indonesia Regulation No.5/13/PBI/2003 dated July 17, 2003 as
2003 sebagaimana telah diubah terakhir dengan Peraturan Bank last amended by Bank Indonesia Regulation No.
Indonesia No. 17/5/PBI/2015 tanggal 29 Mei 2015. Berdasarkan 17/5/PBI/2015 dated May 29, 2015. Based on the regulation,
peraturan tersebut, Bank diwajibkan untuk menjaga rasio PDN the Bank is required to maintain the NPL ratio in the statement
laporan posisi keuangan dan secara keseluruhan maksimum of financial position and overall at a maximum of 20% of total
20% dari jumlah modal. PDN adalah penjumlahan nilai absolut capital. NPL is the sum of the absolute value expressed in
yang dinyatakan dalam rupiah dari selisih bersih antara aset dan rupiah of the net difference between assets and liabilities
liabilitas dalam mata uang asing dan selisih bersih tagihan dan denominated in foreign currencies and the net difference of
liabilitas komitmen dan kontinjensi yang dicatat dalam rekening receivables and liabilities for commitments and contingencies
administratif yang didenominasi dalam setiap mata uang. recorded in administrative accounts denominated in each
currency.
PDN Bank pada tanggal-tanggal 31 Desember 2025 dan 2024 The Bank NOP as of December 31, 2025 and 2024 are as
adalah sebagai berikut: follows:
2025
Posisi Devisa
Posisi Devisa Neto Nilai
Neto Per Mata Absolut/
Rekening Uang/ Net Open
Administratif/ Net Open Position
Aset/ Liabilitas/ Nilai bersih/ Administrative Position per Absolute
Assets Liabilities Net value Accounts currency Value
Mata uang Currencies
POSISI KEUANGAN FINANCIAL POSITION
Dolar Amerika Serikat 624.484 474.922 149.562 (385.734) (236.172) 236.172 United States Dollar
Riyal Saudi Arabia 25.144 - 25.144 - 25.144 25.144 Saudi Arabian Riyal
Dolar Singapura 14.042 11.116 2.926 - 2.926 2.926 Singapore Dollar
Euro Eropa 20.888 702 20.186 - 20.186 20.186 European Euro
Ringgit Malaysia 3.516 - 3.516 - 3.516 3.516 Malaysian Ringgit
Poundsterling Inggris Raya 4.787 - 4.787 - 4.787 4.787 Great Britain Poundsterling
Dolar Australia 11.006 268 10.738 - 10.738 10.738 Australian Dollar
Yuan China Renminbi 9.041 31 9.010 - 9.010 9.010 Chinese Yuan Renminbi
Yen Jepang 1.948 188 1.760 - 1.760 1.760 Japanese Yen
Dolar Hong Kong 1.726 311 1.415 - 1.415 1.415 Hong Kong Dollar
Jumlah 716.582 487.538 229.044 (385.734) (156.690) 315.654 Total
Total Modal 12.369.281 Total capital
Net Open Position
Rasio Posisi Devisa Neto 2,55% as a percentage
(Posisi keuangan) (Financial position)
205
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARD (continued)
h. Posisi Devisa Neto (lanjutan) h. Net Open Position (continued)
2024
Posisi Devisa
Posisi Devisa Neto Nilai
Neto Per Mata Absolut/
Rekening Uang/ Net Open
Administratif/ Net Open Position
Aset/ Liabilitas/ Nilai bersih/ Administrative Position per Absolute
Assets Liabilities Net value Accounts currency Value
Mata uang Currencies
POSISI KEUANGAN FINANCIAL POSITION
Dolar Amerika Serikat 631.839 (444.022) 187.817 (220.035) (32.217) 32.217 United States Dollar
Riyal Saudi Arabia 14.699 - 14.699 - 14.699 14.699 Saudi Arabian Riyal
Dolar Singapura 18.586 (20.460) (1.874) - (1.874) 1.874 Singapore Dollar
Euro Eropa 7.272 (1.190) 6.082 - 6.082 6.082 European Euro
Ringgit Malaysia 2.909 - 2.909 - 2.909 2.909 Malaysian Ringgit
Poundsterling Inggris Raya 2.622 - 2.622 - 2.622 2.622 Great Britain Poundsterling
Dolar Australia 6.580 (240) 6.340 - 6.340 6.340 Australian Dollar
Yuan China Renminbi 4.561 - 4.561 - 4.561 4.561 Chinese Yuan Renminbi
Yen Jepang 1.418 (217) 1.201 - 1.201 1.201 Japanese Yen
Dolar Hong Kong 906 (21) 886 - 886 886 Hong Kong Dollar
Jumlah 691.392 (466.149) 225.242 (220.035) 5.208 73.390 Total
Total Modal 11.433.492 Total capital
Net Open Position
Rasio Posisi Devisa Neto 0,64% as a percentage
(Posisi keuangan) (Financial position)
206
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
65. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN OLEH 65. ADDITIONAL INFORMATION NOT REQUIRED BY THE
STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARD (continued)
i. Rasio Kewajiban Penyediaan Modal Minimum ("KPMM") i. Capital Adequacy Ratio
2025 2024
Bank Konsolidasian Bank Konsolidasian
Modal inti (Tier 1) Core capital (Tier 1)
Modal inti utama (CET 1) 12.363.452 21.451.803 11.132.593 13.205.219 Common equity tier (CET 1)
Modal inti tambahan (AT 1) - - - - Additional equity tier (AT 1)
12.363.452 21.451.803 11.132.593 13.205.219
Modal pelengkap (Tier 2) 582.284 902.151 574.469 661.475 Supplementary capital (Tier 2)
Jumlah modal 12.945.736 22.353.954 11.707.062 13.866.694 Total capital
Aset Tertimbang Menurut Risiko Risk Weighted Asset
Risiko kredit 46.000.400 71.269.932 45.383.026 52.256.577 Credit risk
Risiko operasional 4.610.704 5.218.478 4.398.974 4.597.938 Operational risk
Risiko pasar 391.597 358.772 54.460 54.460 Market risk
Jumlah Aset Tertimbang Menurut Risiko 51.002.701 76.847.182 49.836.460 56.908.975 Total Risk Weighted Asset
Rasio kecukupan modal Capital Adequacy Ratio
Rasio CET 1 24,24% 27,91% 22,34% 23,20% CET 1 ratio
Rasio tier 1 24,24% 27,91% 22,34% 23,20% Tier 1 ratio
Rasio tier 2 1,14% 1,17% 1,15% 1,16% Tier 2 ratio
Rasio modal terhadap ATMR 25,38% 29,09% 23,49% 24,36% Ratio of capital to ATMR
Rasio kewajiban penyediaan modal Capital adequacy rasio
minimum untuk risiko kredit with credit and
dan risiko operasional 25,58% 29,23% 23,52% 24,39% operational risk
Rasio kewajiban penyediaan modal Capital adequcy rasio
minimum untuk risiko kredit, with kredit,
risiko pasar dan risiko operasional 25,38% 29,09% 23,49% 24,36% market and operational risk
Rasio kewajiban penyediaan modal Minimum capital adequacy
minimum yang diwajibkan 9% - <10% 9% - <10% 9% - <10% 9% - <10% rasio required
OJK berwenang menetapkan modal minimum lebih besar dari OJK is authorised to stipulate minimum capital greater than
modal minimum dalam hal OJK menilai suatu bank menghadapi minimum capital in terms of OJK assesses a bank as facing
potensi kerugian yang membutuhkan modal lebih besar. potential losses which requires a larger capital.
Berdasarkan self-assessment Grup pada tanggal 31 Desember Based on its self-assessment, as of December 31, 2025 the
2025 profil risiko Grup dinilai berada pada peringkat Low to Group risk profile is assessed to be in rating Low to Moderat
Moderat (PK-2). Oleh karena itu, Grup berkewajiban untuk (PK-2). Therefore, the Group is required to provide a minimum
memenuhi modal minimum sebesar 9% sampai dengan kurang dari capital of 9% to less than 10%. The Group Capital Adequate
10%. Kewajiban Penyediaan Modal Minimum Grup berada pada Ratio was 29.18%, which was higher than the required
level di atas modal minimum yang diwajibkan tersebut, yaitu minimum provision of capital.
sebesar 29,18%.
207
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
66. REKLASIFIKASI AKUN 66. RECLASSIFICATION OF ACCOUNTS
Beberapa akun dalam laporan keuangan yang berakhir pada tahun 31 Certain accounts in the financial statements for the year ended
Desember 2024 dan 2023 telah direklasifikasi agar sesuai dengan December 31, 2024 and 2023 have been reclassified to the
penyajian laporan keuangan per 31 Desember 2025 untuk tujuan preparation of financial statements as December 31, 2025 for
perbandingan. comparative purposes.
Sebelum Sesudah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
31 Desember 2024 December 31, 2024
Laporan Posisi Keuangan Konsolidasian Consolidated Statement of Financial Position
Surat berharga 20.364.492 9.149.544 29.514.036 Marketable securities
Surat berharga yang dijual dengan janji dibeli kembali 9.149.544 (9.149.544) - Marketable securities sold under repurchased agreement
Laporan Arus Kas Konsolidasian Consolidated Statement of Cash Flows
Arus kas dari aktivitas operasi (4.220.336) 684.951 (3.535.385) Cash flow in operating assets
Arus kas dari aktivitas investasi (525.628) (784.951) (1.310.579) Cash flow in investment assets
Kas dan setara kas 10.690.180 (100.000) 10.590.180 Cash and cash equivalents
67. STANDAR AKUNTANSI BARU 67. NEW ACCOUNTING STANDARDS
Berikut adalah ikhtisar PSAK dan ISAK yang telah diterbitkan oleh The following is a summary of PSAK and ISAK issued by the
Dewan Standard Akuntansi Keuangan (DSAK) dan Dewan Standard Financial Accounting Standards Board (DSAK) and Sharia
Akuntansi Syariah (DSAS) - IAI yang relevan untuk Bank dan Entitas Accounting Standards Board (DSAS) - IAI that are relevant to the
Anak, namun belum berlaku efektif untuk pelaporan keuangan Bank and its Subsidiaries, but not yet effective for consolidated
konsolidasian pada tanggal 31 Desember 2025: financial reporting as of December 31, 2025:
Efektif berlaku pada atau setelah tanggal 1 Januari 2026 Effective on or after January 1, 2026
PSAK 109, "Instrumen Keuangan" dan PSAK 107 "Instrumen PSAK 109, "Financial Instrumens" and PSAK 107 "Financial
Keuangan Pengungkapan tentang Klasifikasi dan Pengukuran Instruments" Disclosures about the Classification and Measurement
Instrumen Keuangan". of Financial Instrument".
Amandemen ini menambahkan dan mengklarifikasi ketentuan dalam The amendment adds and clarifies provisions in PSAK 109 related
PSAK 109 terkait penghentian pengakuan liabilitas keuangan, serta to derecognition of financial liabilities, and clarifies the assessment
mengklarifikasi penilaian karakteristik arus kas untuk aset keuangan of cash flow characteristics for financial assets with non-recourse
dengan fitur non-recource dan instrumen yang terikat secara features and contractually binding instruments such as tranches.
kontraktual seperti tranche . Amandemen ini juga mengubah ketentuan The amendment also amends the provisions of PSAK 107 related to
dalam PSAK 107 terkait persyaratan pengungkapan investasi pada the disclosure requirements for investments in equity instruments at
instrumen ekuitas yang diukur pada nilai wajar melalui penghasilan fair value through other comprehensive income and adds provisions
komprehensif lain dan menambah ketentuan terkait instrumen related to financial instruments with contractual terms that change
keuangan dengan persyaratan kontraktual yang mengubah waktu dan the timing and amount of contractual cash flows.
jumlah arus kas kontraktual.
Saat ini Grup sedang mengevaluasi dan belum menetapkan dampak The Group is currently evaluating the above standards and has not
dari penerapan standar tersebut serta pengaruhnya pada laporan yet determined the impact of these standard on the consolidated
keuangan konsolidasian. financial statement.
68. PENYELESAIAN LAPORAN KEUANGAN 68. COMPLETION OF THE FINANCIAL STATEMENTS
Laporan keuangan konsolidasian telah diselesaikan dan disetujui The consolidated financial statements were completed and
untuk diterbitkan oleh Direksi Bank pada tanggal 27 Maret 2026. authorized for issuance by the Bank’s Directors on March 27, 2026.
69. INFORMASI TAMBAHAN 69. SUPPLEMENTARY INFORMATION
Informasi keuangan tambahan Supplementary financial information
Informasi yang disajikan pada lampiran 1 - 5 merupakan informasi The additional information presented in appendix 1 - 5 is a
keuangan tambahan PT Bank Pembangunan Daerah Jawa Timur Tbk, supplementary financial information of PT Bank Pembangunan
Entitas Induk. Daerah Jawa Timur Tbk, the Parent Entity.
208
Page 859
Lampiran 1 Appendix 1
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION - PARENT ENTITY
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024
ASET ASSETS
Kas 2.336.318 2.363.023 Cash
Giro pada Bank Indonesia 3.921.132 4.907.639 Current accounts with Bank Indonesia
Giro pada bank lain 654.615 504.712 Current account with other banks
Cadangan kerugian penurunan nilai (167) (276) Allowance for impairment losses
654.448 504.436
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 1.507.749 1.333.470 and other Banks
Cadangan kerugian penurunan nilai (380) (1.278) Allowance for impairment losses
1.507.369 1.332.192
Tagihan spot dan derivatif 2.165 1.144 Receivables of spot and derivative
Surat berharga 21.799.814 26.937.405 Marketable securities
Cadangan kerugian penurunan nilai (235) (342) Allowance for impairment losses
21.799.579 26.937.063
Tagihan dari surat berharga yang dibeli Receivable from marketable securities
dengan janji dijual kembali 7.335.786 617.860 purchased under resale agreement
Tagihan lainnya 352.225 243.005 Other receivables
Cadangan kerugian penurunan nilai (79.003) - Allowance for impairment losses
273.222 243.005
Kredit yang diberikan dan Loans and sharia receivables/financing
- Pihak berelasi 632.022 104.624 Related parties -
- Pihak ketiga 66.612.115 63.952.009 Third parties -
Jumlah 67.244.137 64.056.633 Total
Cadangan kerugian penurunan nilai (2.667.728) (1.988.445) Allowance for impairment losses
64.576.409 62.068.188
Pendapatan bunga yang
masih akan diterima 795.555 747.031 Accrued interest income
Biaya dibayar dimuka 172.851 186.286 Prepaid expenses
Investasi pada entitas asosiasi 745 - Investments in associates
Penyertaan saham 400.000 100.000 Investment in shares
Aset tetap dan aset hak guna Fixed assets and right-of-use assets
Biaya perolehan 2.230.782 2.178.974 Cost
Akumulasi penyusutan (927.085) (923.771) Accumulated depreciation
1.303.697 1.255.203
Aset takberwujud Intangible assets
Biaya perolehan 122.167 121.149 Cost
Akumulasi penyusutan (117.006) (109.990) Accumulated depreciation
5.161 11.159
Aset pajak tangguhan - bersih 296.823 405.628 Deferred tax assets - net
Piutang pajak 66.213 67.274 Tax receivables
Aset lain-lain - bersih 405.271 326.447 Other assets - net
JUMLAH ASET 105.852.744 102.073.578 TOTAL ASSETS
209
Page 860
Lampiran 1 Appendix 1
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION - PARENT ENTITY
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024
LIABILITAS, DANA SYIRKAH LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 822.980 779.547 Obligation due immediately
Simpanan dari nasabah Deposits from customers
- Pihak berelasi 13.744.510 12.265.304 Related parties -
- Pihak ketiga 61.348.712 62.563.990 Third parties -
75.093.222 74.829.294
Simpanan dari bank lain Deposits from other banks
- Pihak berelasi 49.848 44.323 Related parties -
- Pihak ketiga 2.142.590 689.529 Third parties -
2.192.438 733.852
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali 3.518.805 8.780.366 under repurchase agreement
Surat berharga yang diterbitkan 1.994.728 - Securities issued
Pinjaman yang diterima 3.624.327 572.096 Borrowings
Utang pajak 116.395 65.485 Taxes payable
Beban yang masih harus dibayar 471.401 410.948 Accrued expenses
Liabilitas lain-lain 824.946 693.855 Other liabilities
JUMLAH LIABILITAS 88.659.242 86.865.443 TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Simpanan dari nasabah Deposits from customers
- Pihak berelasi 5.016 5.284 Related parties -
- Pihak ketiga 3.507.134 2.660.950 Third parties -
3.512.150 2.666.234
Simpanan dari bank lain Deposits from other banks
- Pihak ketiga 23.902 29.200 Third parties -
23.902 29.200
TOTAL DANA SYIRKAH TEMPORER 3.536.052 2.695.434 TEMPORARY SYIRKAH FUNDS
TOTAL LIABILITAS DAN TOTAL LIABILITIES AND
92.195.294 89.560.877
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
210
Page 861
Lampiran 1 Appendix 1
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION - PARENT ENTITY
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024
EKUITAS EQUITY
Modal saham Share capital
Seri A : nilai nominal Rp250 Series A : Rp250 (full Rupiah
(Rupiah penuh) per saham per value per share
Seri B : nilai nominal Rp250 Series B: Rp250 (full Rupiah
(Rupiah penuh) per saham per value per share
Modal dasar Authorized
Seri A : 24.000.000.000 saham Series A : 24,000,000,000 shares
Seri B : 12.000.000.000 saham Series B : 12,000,000,000 shares
Modal ditempatkan dan disetor penuh Issued and fully paid
Seri A : 11.934.147.982 saham Series A : 11,934,147,982 shares
Seri B : 3.081.350.100 saham 3.753.875 3.753.875 Series B : 3,081,350,100 shares
Tambahan modal disetor 532.734 532.734 Paid-in capital
Surplus revaluasi aset tetap 819.062 789.019 Revalution surplus of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of defined employee
kerja pasti - setelah pajak tangguhan (142.816) (135.396) benefit - net of deferred tax
Keuntungan (kerugian) yang belum direalisasi atas Unrealized gain (loss) financial assets
aset keuangan yang diukur pada nilai measured at fair value through
wajar melalui penghasilan komprehensif lain other comprehensive income
- setelah pajak tangguhan 247.836 (150.100) - net of deferred tax
Saldo laba Retained earnings
Cadangan umum 6.901.072 6.441.453 General reserve
Belum ditentukan penggunaannya 1.545.687 1.281.116 Unappropriated
JUMLAH EKUITAS 13.657.450 12.512.701 TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
105.852.744 102.073.578
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
- -
211
Page 862
Lampiran 2 Appendix 2
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN - ENTITAS INDUK COMPREHENSIVE INCOME - PARENT ENTITY
Untuk tahun yang berakhir pada tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024
PENDAPATAN DAN BEBAN OPERASIONAL OPERATING INCOME AND EXPENSES
Pendapatan bunga 8.666.914 8.122.406 Interest income
Beban bunga (2.425.068) (2.548.460) Interest expense
Pendapatan bunga bersih 6.241.846 5.573.946 Net interest income
Pendapatan operasional lainnya 971.331 809.065 Other operating income
Beban operasional lainnya Other operating expenses
Tenaga kerja (1.947.370) (1.698.622) Personnel
Umum dan administrasi (1.371.203) (1.424.888) General and administrative
Penyisihan atas penurunan nilai Allowance for impairment
aset keuangan (1.717.040) (1.269.525) losses on financial assets
Beban lainnya (235.370) (360.799) Others
Jumlah beban operasional lainnya (5.270.983) (4.753.834) Total other operating expenses
LABA OPERASIONAL 1.942.194 1.629.177 INCOME FROM OPERATIONS
PENDAPATAN (BEBAN) NON- NON-OPERATING
OPERASIONAL INCOME (EXPENSES)
Pendapatan non-operasional 98.974 66.190 Non-operating income
Beban non-operasional (50.774) (44.042) Non-operating expenses
PENDAPATAN NON-OPERATING
NON-OPERASIONAL - BERSIH 48.200 22.148 INCOME - NET
LABA SEBELUM PAJAK PENGHASILAN 1.990.394 1.651.325 INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN INCOME TAX EXPENSE
Kini (427.504) (274.748) Current
Tangguhan (17.203) (95.461) Deferred
BEBAN PAJAK PENGHASILAN (444.707) (370.209) INCOME TAX EXPENSE
LABA BERSIH 1.545.687 1.281.116 NET INCOME
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi: subsequently to profit or loss:
Keuntungan (kerugian) yang belum Unrealized gain (loss) on
direalisasi atas aset keuangan yang financial assets measured
diukur pada nilai wajar melalui at fair value through other
penghasilan komprehensif lain 491.279 (106.348) comprehensive income
Pajak penghasilan terkait (93.343) 20.206 Related income taxes
397.936 (86.142)
Pos-pos yang tidak akan Items that will not be reclassified
direklasifikasi ke laba rugi: subsequently to profit or loss:
Surplus revaluasi aset tetap 30.042 970 Revaluation surplus of fixed assets
Pengukuran kembali liabilitas Remeasurement of employee
imbalan kerja (9.160) (21.466) benefit liabilities
Pajak penghasilan terkait 1.740 3.847 Related income taxes
22.622 (16.649)
Penghasilan komprehensif Other comprehensive
420.558 (102.791)
lain - setelah pajak income - net of tax
JUMLAH LABA TOTAL COMPREHENSIVE
1.966.245 1.178.325
KOMPREHENSIF INCOME
102,94 85,32
LABA PER SAHAM DASAR BASIC EARNINGS PER SHARE
212
Page 863
Lampiran 3 Appendix 3
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN PERUBAHAN EKUITAS - ENTITAS INDUK STATEMENTS OF CHANGES IN EQUITY - PARENT ENTITY
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 and 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan
(kerugian) yang
belum direalisasi
atas efek-efek yang
diukur pada
Nilai wajar melalui
penghasilan
komprehensif lain/ Rugi pengukuran
Unrealized gain kembali program
(loss) on manfaat pasti -
marketable setelah pajak
securities at Fair tangguhan/
value through Loss Saldo laba/Retained earnings
Modal ditempatkan Tambahan modal Selisih penilaian other remeasurement of
comprehensive Telah ditentukan Belum ditentukan
dan disetor penuh/ disetor/ kembali aset tetap/ defined benefit
Issued and fully Additional paid-in Revalution surplus income - pension plans -net penggunaannya/ penggunaannya/ Jumlah ekuitas/
paid capital capital of fixed assets net of deferred tax of deferred tax Appropriated Unappropriated Total equity
Saldo 31 Desember 2023 3.753.875 532.734 788.049 (63.958) (117.777) 5.788.041 1.470.105 12.151.069 Balance as of December 31, 2023
Pembentukan cadangan umum - - - - - 653.412 (653.412) - Appropriation for general reserve
Pembagian dividen tunai - - - - - - (816.693) (816.693) Distribution of cash dividends
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - 970 (86.142) (17.619) - 1.281.116 1.178.325 for the year
Saldo 31 Desember 2024 3.753.875 532.734 789.019 (150.100) (135.396) 6.441.453 1.281.116 12.512.701 Balance as of December 31, 2024
Pembentukan cadangan umum - - - - - 459.619 (459.619) - Appropriation for general reserve
Pembagian dividen tunai - - - - - - (821.497) (821.497) Distribution of cash dividends
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - 30.043 397.936 (7.420) - 1.545.687 1.966.246 for the year
Saldo 31 Desember 2025 3.753.875 532.734 819.062 247.836 (142.816) 6.901.072 1.545.687 13.657.450 Balance as of December 31, 2025
213
Page 864
Lampiran 4 Appendix 4
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN ARUS KAS - ENTITAS INDUK STATEMENTS OF CASH FLOWS - PARENT ENTITY
Untuk tahun yang berakhir pada tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan bunga dan syariah, Interest and sharia, provision
provisi dan komisi 8.618.390 8.060.963 and commissions received
Pembayaran bunga dan syariah (2.429.625) (2.595.451) Interest and sharia paid
Penerimaan dari Other operating
pendapatan operasional lainnya 792.524 652.779 income received
Penerimaan kembali dari kredit dan Collection of loans and
piutang/pembiayaan hapus buku 175.043 156.285 receivable/financing written-off
Pembayaran beban General and administrative
umum dan administrasi (1.462.500) (1.528.169) expenses paid
Pembayaran beban tenaga kerja (1.882.510) (1.792.328) Personnel expenses paid
Penerimaan pendapatan Non-operating
non-operasional 98.994 64.765 income received
Pembayaran beban non-operasional (50.776) (44.042) Non-operating expenses paid
Pembayaran pajak penghasilan (375.970) (306.667) Income tax paid
Penerimaan kas sebelum perubahan Cash received before changes in
3.483.570 2.668.135
dalam aset dan liabilitas operasi operating assets and liabilities
Penurunan (kenaikan) dalam aset operasi Decrease (increase) in operating assets
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain - 1.500 and other Banks
Kredit yang diberikan (4.222.016) (9.928.334) Loans
Tagihan spot dan derivatif (1.021) (1.144) Receivables of spot and derivative
Tagihan dari surat berharga yang dibeli Receivable from marketable securities
dengan janji dijual kembali (6.717.926) 5.629.458 purchased under resale agreement
Aset hak guna (62.078) (60.859) Right of use assets
Aset lain-lain (115.759) (161.904) Other assets
Kenaikan (penurunan) liabilitas operasi Increase (decrease) in operating liabilities
Liabilitas segera 43.434 (208.058) Liabilities immediately payable
Simpanan nasabah 1.109.844 (701.382) Deposits from customers
Simpanan dari bank lain 1.453.288 (1.816.691) Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali (5.261.561) 865.203 under repurchase agreement
Liabilitas lain-lain 129.590 (92.132) Other liabilities
Kas bersih digunakan untuk Net cash used in
(10.160.635) (3.806.208)
aktivitas operasi operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Efek-efek 5.628.871 (2.416.259) Marketable securities
Pembelian aset tetap (67.111) (61.059) Acquisitions of fixed assets
Pembelian aset takberwujud (1.018) (758) Acquisitions of intangible assets
Hasil penjualan aset tetap - 1.543 Proceeds from sale of fixed assets
Penerimaan dividen kas 3.003 - Proceeds of cash dividend
Penyertaan pada entitas asosiasi (745) - Investment in associate entity
Akuisisi Entitas Anak (300.000) (100.000) Acquisition of Subsidiaries
Kas bersih diperoleh dari (digunakan Net cash provided by (used in)
5.263.000 (2.576.533)
untuk) aktivitas investasi investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan (pembayaran) dari Proceeds (payments of)
pinjaman yang diterima 3.052.230 (24.881) from borrowings
Penerimaan dari surat berharga Proceeds from marketable
yang diterbitkan 2.000.000 - securities issued
Pembayaran liabilitas sewa (22.128) (15.724) Payments of lease liability
Pembayaran dividen kas (821.498) (816.693) Payments of cash dividend
Kas bersih diperoleh dari (digunakan Net cash provided by (used in)
4.208.604 (857.298)
untuk) aktivitas pendanaan financing activities
214
Page 865
Lampiran 4 Appendix 4
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN ARUS KAS - ENTITAS INDUK STATEMENTS OF CASH FLOWS - PARENT ENTITY
Untuk tahun yang berakhir pada tanggal and for the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024
PENURUNAN BERSIH KAS NET DECREASE IN CASH
DAN SETARA KAS (689.031) (7.240.039) AND CASH EQUIVALENTS
Cash and cash equivalents
Kas dan setara kas awal tahun 9.108.845 16.348.884 at beginning of year
Kas dan setara kas Cash and cash equivalents
8.419.814 9.108.845
akhir tahun at end of year
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 2.336.318 2.363.023 Cash
Current accounts
Giro pada Bank Indonesia 3.921.132 4.907.639 with Bank Indonesia
Giro pada bank lain 654.615 504.713 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia dan bank lain Bank Indonesia and other banks with
yang jatuh tempo dalam 3 bulan original maturities of 3 months
atau kurang sejak tanggal perolehan 1.507.749 1.333.470 or less from acquisition date
Jumlah kas dan setara kas 8.419.814 9.108.845 Total cash and cash equivalents
- -
215
Page 866
Lampiran 5 Appendix 5
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
CATATAN ATAS LAPORAN KEUANGAN - ENTITAS INDUK NOTES TO THE FINANCIAL STATEMENTS - PARENT ENTITY
Untuk tahun yang berakhir pada tanggal-tanggal For the years ended
31 Desember 2025 dan 2024 December 31, 2025 and 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. IKHTISAR KEBIJAKAN AKUNTANSI YANG PENTING 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Dasar penyusunan laporan keuangan tersendiri entitas induk Basis of preparation of the separate financial statements of the
parent entity
Laporan keuangan tersendiri entitas induk disusun sesuai dengan The separate financial statements of the parent entity are prepared
Pernyataan Standar Akuntansi Keuangan (“PSAK”) 227, “Laporan in accordance with the Statement of Financial Accounting Standards
Keuangan Tersendiri”. (“PSAK”) 227, “Separate Financial Statements”.
PSAK 227 mengatur dalam hal entitas menyajikan laporan keuangan PSAK 227 regulates that when an entity presents the separate
tersendiri maka laporan tersebut hanya dapat disajikan sebagai financial statements, such financial statements should be presented
informasi tambahan dalam laporan keuangan konsolidasian. Laporan as supplementary information to the consolidated financial
keuangan tersendiri adalah laporan yang disajikan oleh entitas induk statements. Separate financial statements are those presented by a
yang mencatat investasi pada entitas anak dan entitas asosiasi parent entity, in which the investments of subsidiaries and
berdasarkan kepemilikan ekuitas langsung bukan berdasarkan associated entities are accounted for on the basis of the direct
pelaporan hasil dan aset bersih investee . equity interest rather than on the basis of the reported results and
net assets of the investees.
Kebijakan akuntansi yang diterapkan dalam penyusunan laporan Accounting policies adopted in the preparation of the parent entity
keuangan tersendiri entitas induk adalah sama dengan kebijakan separate financial statements are the same as the accounting
akuntansi yang diterapkan dalam penyusunan laporan keuangan policies adopted in the preparation of the consolidated financial
konsolidasian sebagaimana diungkapkan pada Catatan 2 atas laporan statements as disclosed in Note 2 to the consolidated financial
keuangan konsolidasian, kecuali untuk penyertaan pada Entitas Anak statements, except for investments in Subsidiaries which are stated
yang disajikan pada biaya perolehan. at cost.
2. PENYERTAAN SAHAM 2. INVESTMENTS IN SHARES
Informasi mengenai Entitas Anak yang dimiliki Bank diungkapkan Information pertaining to Subsidiaries of the Bank is disclosed in
pada Catatan 1c atas laporan keuangan konsolidasian. Note 1c to the consolidated financial statements.
216
Page 867
2025
Annual Report
PT Bank Pembangunan Daerah Jawa Timur Tbk
Head Office
Jl. Basuki Rahmat 98-104,
Surabaya 60271
Phone: (031) 531 0090 - 531 0099
Fax: (031) 531 0838
Email: info@bankjatim.co.id
Names mentioned 286 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank Pembangunan Daerah Jawa Timur Tbk
p.1 ×335
unresolved
org
Bank Jatim
p.3 ×241
unresolved
org
Bank Annual Report Jatim
p.3
unresolved
org
Bank NTB Syariah
p.4 ×3
unresolved
org
Bank Lampung
p.4 ×7
unresolved
org
Bank NTT
p.4 ×8
unresolved
org
Bank Banten
p.4 ×7
unresolved
org
Bank Sultra. Bank Jatim
p.4
unresolved
org
Bank Jatim’s
p.4 ×40
unresolved
org
Bank Soundness Level
p.7
unresolved
org
Bank Jatim’s Position
p.7
unresolved
—
Sharia Supervisory
p.8
unresolved
org
PT Bank Pembangunan Daerah Djawa
p.10
unresolved
org
PT Asuransi Jiwa Sinarmas MSIG Life.
p.10
unresolved
org
Bank Jatim Mobile Banking
p.10
unresolved
org
Bank Jatim-assisted Foreign Exchange Pendulum Village
p.11
unresolved
org
Ministry of Trade
p.11
unresolved
org
PT Bank Pembangunan Daerah Nusa Tenggara Barat
p.11
unresolved
org
Bank Sultra
p.11 ×5
unresolved
org
Bank Indonesia
p.18 ×17
unresolved
org
Indonesia Stock Exchange
p.26 ×3
unresolved
org
Bank Jatim Stock
p.26 ×2
unresolved
org
Bank Jatim Stock Closing Price
p.26
unresolved
org
Bank Jatim Stock Trading Volume
p.27
unresolved
org
Bank Jatim Bond Issuance Issue
p.28
unresolved
org
Bank Jatim Sustainable Bond I
p.28 ×2
unresolved
org
Sadif Investment
p.28
unresolved
org
PT Ina Sekuritas Investment
p.28
unresolved
person
Dr. Soetomo Regional General Hospital.
p.30
unresolved
org
Directorate General of Treasury
p.30
unresolved
org
Ministry of Finance
p.30
unresolved
org
Bank Jatim Syariah
p.31 ×4
unresolved
org
Bank Jatim Fostered Partner
p.33
unresolved
org
Bank Jatim’s QRIS.
p.33 ×2
unresolved
org
Bank Jatim’s Equity Participation
p.34
unresolved
person
Dr. Soetomo Regional Hospital. R. Sosodoro Djatikoesoemo
p.34
unresolved
org
Bank Jatim Fostered Partners
p.34 ×2
unresolved
org
Bank Jatim Branch Offices
p.34
unresolved
org
PT Rintis Sejahtera
p.35
unresolved
org
PT Sentra Finansial Teknologi
p.36
unresolved
org
Bank Jatim JConnect Run Soerabaja
p.36
unresolved
person
K.H. Achmad Siddiq State Islamic University
p.37
unresolved
org
PT Sejahtera Abadi Solusi
p.38
unresolved
org
PT MNC Life Insurance
p.39
unresolved
org
Bank Jatim Runner
p.39
unresolved
org
Bank References
p.42
unresolved
org
Bank Guarantees
p.42
unresolved
org
Bank Jatim’s Debit ATM Cards
p.44
unresolved
org
Bank Jatim’s Flazz Card
p.44
unresolved
org
Bank Indonesia’s
p.45
unresolved
org
Bank Jatim’s Prime Lending Rates
p.45
unresolved
org
Bank Mudharabah Savings
p.49
unresolved
org
Bank Jatim’s JConnect
p.51
unresolved
org
Bank Jatim. One
p.52
unresolved
org
Financial Services Authority
p.52 ×17
unresolved
org
Bank NTB
p.53
unresolved
org
Bank Jatim ANNUAL GMS FOR
p.55
unresolved
—
Edi Masrianto
· Director
p.55
unresolved
—
RM Wahyukusumo Wisnubroto
· Director
p.55 ×5
unresolved
org
Bank Jatim. We
p.55
unresolved
org
Bank Jatim. Therefore
p.55
unresolved
org
Bank Jatim Bonds
p.58
unresolved
org
Bank Jatim Recovery Action Plan Document
p.60
unresolved
org
Bank Daerah Jawa Timur Tbk
p.60 ×2
unresolved
org
Bank Ratingapproach
p.61
unresolved
org
Bank Soundness Levels. This
p.61
unresolved
org
Bank Jatim’s Self-Assessment
p.61
unresolved
org
Bank Jatim. Based
p.63
unresolved
org
Bank Jatim’s Risk Profile
p.63
unresolved
org
Bank In
p.63
unresolved
org
Bank Officers
p.64
unresolved
org
Bank Jatim’s Internal Control System
p.64
unresolved
org
for the 2024 Financial Year,
p.66
unresolved
person
comprised four (4) members, consisting of three (3)
p.66
unresolved
—
AFTER THE 2024 ANNUAL GENERAL MEETING
p.66
unresolved
org
2024 Financial Year resolved to:
p.66
unresolved
org
following the AGMS for the 2024 Financial Year consisted
p.66
unresolved
person
six (6) members, comprising one (1) President Independent
p.66
unresolved
person
Vice
· President Director
p.70 ×2
unresolved
person
Micro
· Director
p.70
unresolved
org
Minister of Fownershipinance
p.74
unresolved
—
Surabaya
p.75 ×2
unresolved
org
Banyuwangi Branch
p.75
unresolved
org
Jember Branch
p.75
unresolved
org
Malang Branch
p.75
unresolved
org
Madiun Branch
p.75
unresolved
org
Kediri Branch
p.75
unresolved
org
Pamekasan Branch
p.75
unresolved
org
Bojonegoro Branch
p.75
unresolved
org
Lumajang Branch
p.75
unresolved
org
Ngawi Branch
p.75
unresolved
org
Jombang Branch
p.75
unresolved
person
K.H. Wakhid Hasyim
p.75 ×2
unresolved
org
Kraksaan Branch
p.75
unresolved
org
Probolinggo Branch
p.75
unresolved
org
Blitar Branch
p.75
unresolved
org
Tulungagung Branch
p.75
unresolved
org
Tuban Branch
p.75
unresolved
org
Mojokerto Branch
p.76
unresolved
org
Sumenep Branch
p.76
unresolved
org
Sampang Branch
p.76
unresolved
org
Bangkalan Branch
p.76
unresolved
person
K.H. Moh. Kholil
p.76
unresolved
org
Pasuruan Branch
p.76
unresolved
org
Nganjuk Branch
p.76
unresolved
org
Trenggalek Branch
p.76
unresolved
org
Ponorogo Branch
p.76
unresolved
org
Pacitan Branch
p.76
unresolved
org
Gresik Branch
p.76
unresolved
org
Sidoarjo Branch
p.76
unresolved
org
Lamongan Branch
p.76
unresolved
org
Situbondo Branch
p.76
unresolved
org
Bondowoso Branch
p.76
unresolved
org
Magetan Branch
p.76
unresolved
org
Dr. Soetomo Branch
p.76 ×2
unresolved
org
Perak Branch,
p.76
unresolved
org
Kangean Branch
p.76
unresolved
org
Branch
p.77
unresolved
org
Batu Branch
p.77
unresolved
org
Bawean Branch
p.77
unresolved
org
Pare Branch
p.77
unresolved
org
Surabaya Branch
p.77
unresolved
org
Kepanjen Branch
p.77
unresolved
org
Batam Branch
p.77
unresolved
org
Caruban Branch
p.77
unresolved
—
Kediri
p.77
unresolved
org
Sharia Branch
p.77 ×2
unresolved
—
Malang
p.77
unresolved
—
Gresik
p.77
unresolved
—
Madiun
p.77
unresolved
—
Jember
p.77
unresolved
—
Sidoarjo
p.77
unresolved
org
Bank Jatim PROFESIONAL
p.78
unresolved
org
Minister of Finance No. BUM.
p.78
unresolved
person
Julistyo
p.79
unresolved
org
PT Bank Provincial Regulation
p.79
unresolved
org
Minister of Home Affairs Regulation
p.79
unresolved
person
Fathiah Helmi
p.79
unresolved
org
Ministry of Law and Human Rights
p.79
unresolved
person
Sitaresmi Puspadewi Subianto
· Notaris
p.79 ×5
unresolved
org
Minister of Justice
p.79
unresolved
org
Minister of Law and Human Rights
p.79 ×2
unresolved
org
Bank Jatim’s Vision
p.81
unresolved
org
Ministry of Maritime
p.86
unresolved
org
Indonesia Deposit Insurance Corporation
p.86
unresolved
org
Bank Jatim’s Hajj Savings
p.87
unresolved
org
Bank Jatim Indonesia Credit Card
p.87
unresolved
org
Ministry of Public Works and Public Housing
p.88
unresolved
org
Bank Jatim. Motor Vehicle Loan
p.88
unresolved
org
Bank Deposits
p.88
unresolved
org
Layanan Umum Daerah
p.89
unresolved
org
Bank Perekonomian Rakyat
p.90
unresolved
org
Bank Perekonomian Rakyat Indonesia
p.90
unresolved
org
Bank Jatim. Bank
p.91
unresolved
org
Bank Jatim. Bank References
p.92
unresolved
org
Ministry of Finance. The JConnect Invest
p.92
unresolved
org
Bank Jatim’s Branch Offices
p.92
unresolved
org
Directorate General of Central Taxes
p.93
unresolved
org
Bank Jatim Retired
p.94
unresolved
org
Bank Jatim Virtual Account
p.97 ×2
unresolved
org
Bank Jatim Info
p.97 ×2
unresolved
org
Bank Jatim ATM Debit Card
p.97
unresolved
org
Bank Jatim Flazz
p.97
unresolved
org
Bank Jatim Co-Branding
p.97
unresolved
org
Bank Jatim ATM
p.97
unresolved
org
Bank Jatim’s Automated Teller Machines
p.98
unresolved
org
Bank Jatim Offices
p.99
unresolved
person
KH. Afifuddin Muhajir Mohammad Nasih
p.102 ×2
unresolved
org
International Banking
· Corporate Secretary
p.102
unresolved
org
Bank Jatim Positions
p.104 ×5
unresolved
org
Bank Jatim Does
p.104
unresolved
org
Bank Jatim. Share Ownership
p.104 ×4
unresolved
org
Bank Jatim Human Resources Management Committee
p.105 ×2
unresolved
org
Bank Jatim Risk Management Committee
p.106
unresolved
org
PT BRI Asuransi Indonesia
p.106
unresolved
org
PT Torres Global Konsultan
p.116
unresolved
org
PT BANK PEMBANGUNAN DAtrRAH
p.636
unresolved
org
PT BANN PEMBANGUNAN DAERAH JAWA TIMUR TbK
p.636
unresolved
org
PT Bar
p.636
unresolved
org
PT Bonk Penbatguaan Daemh Jawa Timur Tt
p.636
unresolved
org
Doerah Jdwo Tirnt Tbk
p.636
unresolved
org
Banl Penbanguruut Daerab Jarva Timur Tbk
p.636 ×2
unresolved
org
Trrnu Tbk
p.636
unresolved
org
Bank Pemboagunan Doerah Jdwa Tiitur Tbk
p.636 ×2
unresolved
org
Bank Pemb
p.636
unresolved
org
PT Ban
p.636
unresolved
org
Daerah Jawa Timur Tbk
p.636 ×2
unresolved
org
Pembangunan Daerah Jawa Timtr Tbk
p.636
unresolved
—
benar. dan tidak menghilangkan hfonnasi
p.636
unresolved
org
PT Bunk Penb
p.636
unresolved
—
pemyataao ini dibuat dengaD sebemmya.
p.636
unresolved
person
Direktr
· Director
p.636
unresolved
org
JAWA TIMUR Tbk
p.660 ×11
unresolved
org
Menteri Keuangan Republik Indonesia
p.660
unresolved
org
Minister of Finance
p.660
unresolved
org
Pengawas Pasar Modal dan Lembaga
p.660
unresolved
org
BAPEPAM-LK
p.660 ×4
unresolved
person
Adi Sulistyowati Muhammad Mas'ud
· Anggota
p.666 ×16
unresolved
person
Asri Agung Putra Sulam Andjar Rochim
· Anggota
p.666 ×16
unresolved
person
Achmad Jani
· Anggota
p.666
unresolved
org
PT Asuransi Jiwa Bersama Bumiputera
p.699
unresolved
org
PT Asuransi Jiwasraya Asuransi Jiwasraya (Persero)
p.699
unresolved
org
PT Asuransi Jiwa Inhealth
p.699
unresolved
org
PT Asuransi Jiwa Inhealth Indonesia. Based
p.699
unresolved
org
PT Asuransi Jiwa Asuransi Jiwa Taspen. Iuran
p.699
unresolved
org
Bank Pembangunan Jawa Timur Tbk
p.700 ×2
unresolved
org
Rakyat Indonesia (Persero) Tbk
p.700
unresolved
org
Pemerintah Provinsi Jawa Timur
p.769 ×3
unresolved
org
Kabupaten Sidoarjo
p.769 ×2
unresolved
org
Kabupaten Bojonegoro
p.769 ×2
unresolved
org
Kabupaten Banyuwangi
p.769 ×2
unresolved
org
Kabupaten Malang
p.769 ×2
unresolved
org
Kabupaten Gresik
p.769 ×2
unresolved
org
Kabupaten Tuban
p.769 ×2
unresolved
org
Kabupaten Ngawi
p.769 ×2
unresolved
org
Kabupaten Kediri
p.769 ×2
unresolved
org
Kabupaten Sumenep
p.769 ×2
unresolved
org
Kabupaten Kraksaan
p.769 ×2
unresolved
org
Kabupaten Jember
p.769 ×2
unresolved
org
Kabupaten Lamongan
p.769 ×2
unresolved
org
Kabupaten Sampang
p.769 ×2
unresolved
org
Kabupaten Bondowoso
p.769 ×2
unresolved
org
Kabupaten Trenggalek
p.769 ×2
unresolved
org
Kabupaten Mojokerto
p.769 ×2
unresolved
org
Kabupaten Nganjuk
p.769 ×2
unresolved
org
Kabupaten Situbondo
p.769 ×2
unresolved
org
Kabupaten Tulungagung
p.769 ×2
unresolved
org
Kabupaten Lumajang
p.769 ×2
unresolved
org
Kabupaten Pacitan
p.769 ×2
unresolved
org
Kabupaten Pasuruan
p.769 ×2
unresolved
org
Kabupaten Pamekasan
p.769 ×2
unresolved
org
Kabupaten Blitar
p.769 ×2
unresolved
org
Kabupaten Bangkalan
p.769 ×2
unresolved
org
Kabupaten Madiun
p.769 ×2
unresolved
org
Kabupaten Jombang
p.769 ×2
unresolved
org
Kabupaten Ponorogo
p.769 ×2
unresolved
org
Kabupaten Magetan
p.769 ×2
unresolved
org
Kota Surabaya
p.769 ×2
unresolved
org
Kota Madiun
p.769 ×2
unresolved
org
Kota Malang
p.769 ×2
unresolved
org
Kota Pasuruan
p.769 ×2
unresolved
org
Kota Mojokerto
p.769 ×2
unresolved
org
Kota Probolinggo
p.769 ×2
unresolved
org
Kota Blitar
p.769 ×2
unresolved
org
Kota Kediri
p.769 ×2
unresolved
org
Dana Pensiun Bank Pembangunan Daerah Jawa Timur Tbk
p.785 ×2
unresolved
org
Bank Jatim. Pursuant
p.785
unresolved
org
Dana Pensiun Lembaga
p.796
unresolved
org
PT Asuransi Jiwa Taspen
p.796 ×2
unresolved
org
Dana Pensiun Bank Pembangunan
p.796
unresolved
org
Bank Pembangunan Daerah Nusa Tenggara Barat Daerah Nusa
p.796
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