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2025
Annual
Report
Integrating Strength
Empowering Growth
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK C
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Main Highlights D 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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This theme reflects SMBC Indonesia’s journey as it navigates Indonesia’s financial landscape towards a sustainable future. In 2025, the Company made some steps forward with its recent appointment as a Financial Conglomerate Holding Company (FCHC) in Indonesia. This new role requires the Company to undertake various initiatives to drive more meaningful growth - by enhancing governance, strengthening risk management across all entities, and building operational excellence. The Company has even taken a step further, exploring new opportunities that blend technology with customer engagement to build an inclusive financial ecosystem while cementing its presence in a dynamic market.
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Table of Contents
Jenius’ Progressive Growth
Strong Revenue Growth
Maintaining Liquidity, Credit Portfolio Quality, and
4
5
5
03 Company Profile 65
Healthy Capitalization General Information 66
Strategic Steps into the Future 6 Brief History of The Company 67
New Role as a Holding Company 7 Milestones 68
Line of Business 72
Products and Services 73
01
Visi dan Misi 74
Main Highlights 9 Main Values 75
Organizational Structure 76
Profile of the Board of Commissioners 80
2025 Performance 10
Profile of the Board of Directors 86
Financial Highlights 12
Change in Composition of the Board of Commissioners 94
Share Highlights 16 and Board of Directors
Corporate Actions 17 Profile of Executive Officers 95
Information on Temporary Suspension of Shares 17 Employee Statistics 98
Trading
Ultimate and Controlling Shareholder 100
Issuance of Bonds and Sukuk 17
Ultimate Shareholders 101
Overview of Bonds and Sukuk 18
Controlling Shareholders 102
Rating of SMBC Indonesia Bonds 18
List of Subsidiaries 105
Payment of Interest and Principal in 2025 19
Areas of Operation 106
2025 Event Highlights 22
Membership in Associations 109
Awards and Certifications 28
Chronology of Shares Listing 109
Chronology of Other Securities Listing 110
Public Accounting Firm 2025 110
02 Management Report 35
Name and Address of Capital Market and/or
Supporting Institutions
Information on Company Website
111
112
Board of Commissioners’ Report 36
04
The Board of Commissioners 42
Management Discussion
Board of Directors’ Report 44 and Analysis 115
The Board of Directors 54
Board of Management 56
Economic and Banking Industry Review 116
Executive Officers 58
Economic Review 117
Statement Letter of The Board of Commissioners and 62
Board of Directors Regarding Responsibility for The Banking Industry Review 118
2025 Annual Report of PT Bank SMBC Indonesia Tbk Performance Review by Business Segment 120
Retail Banking 121
Jenius 122
Retail Lending Business 124
Wealth Management Business 127
Business Banking 128
Corporate Banking 129
Treasury 133
Sharia Banking 135
Profitability by Business Segment 137
Financial Performance Overview 138
Financial Balance Sheet 139
2 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Profit and Loss Performance
Cash Flow
Ability to Pay Debt
143
143
144
07 Corporate Governance 269
Prime Lending Rate 145 Principles of GCG Implementation 271
Capital Structure 145 Legal Basis of Implementation 274
Material Commitments Related to Capital Goods 146 Objectives of GCG Implementation 275
Investments
GCG Structure 276
Realization of Capital Goods Investment 146
Assessment of GCG Implementation in 2025 276
Material Information and Facts Occurring After The 146
Reporting Date General Meeting of Shareholders (GMS) 286
Targets, Realizations, and Projections 147 Ultimate and Controlling Shareholders 296
Business Prospects 147 Board of Commissioners 297
Dividend 147 Board of Directors 306
Long-Term Compensation: Employee and 148 Transparency of Information on The Board of 315
Management Stock Ownership Program Commissioners and The Board of Directors
Realization of Use of Proceeds from The Public 148 Committees Under The Board of Commissioners 329
Offering Committees Under The Board of Directors 355
Material Information on Transactions Related to 149 Corporate Secretary 379
Investment, Expansion, Divestment, Acquisition, and
Debt/Capital Restructuring Compliance Function 384
Material Transactions Containing Conflict of Interest 149 Integrated Compliance Function 389
and/or Transactions with Affiliated/Related Parties
Internal Fraud 391
Transaction Review and Approval Policy 151
Anti-Money Laundering, Antimoney Laundering, 393
Changes in Legislations that Have Significant Impact 152 Counterterrorist Financing, and Counter-Proliferation
Financing of Weapons of Mass Destruction (AML CFT
Changes in Accounting Policy 153 and CPF)
Compliance As Taxpayer 153 Provision of Funds for Social and Political Activities 395
Marketing Aspect 154 Transparency of The Bank’s Financial and 395
Marketing Strategy 155 Non-Financial Conditions
Market Share 157 Share Buyback or Subordinated Bond 396
Provision of Funds to Related Prties and Large 396
Exposure
External Audit 397
05 Risk Management 159
Internal Audit
Internal Control System (SPI)
Important Cases Faced by Subsidiaries, Members of
398
403
405
The Board of Commissioners, and Members of The
Risk Management Policy 161 Board of Directors
Implementation of Risk Management 163 Administrative Sanctions 405
Risk Management Organization 163 Access To Corporate Information and Data 406
Description of Risk Management Implementation 164 Code of Ethics 406
Review of the Effectiveness of the Risk Management 167 Price Sensitive Information Personal Account Dealing 408
System
Governance In Procurement of Goods and Services 408
Statement of the Board of Directors and/or Board of 167
Commissioners or Audit Committee on the Adequacy Reporting of Violations System 409
of Risk Management Policy on Anti-Corruption and Bribery 410
Internal Control System 168 Insider Information Prevention Policy 411
Capital Disclosure 168 Transparency in Bad Governance Practices 412
Disclosure of Risk Exposure 185
06 Business Support
Review 253 08 Social and Environmental
Responsibility 415
Highlights of Sustainability 416
Human Resources Development 254 Risk Management Implementation Report for 424
Operations and Information Technology 260 Operational Risk
2025 Financial Statements 433
SEOJK Reference SEOJK No. 16/SEOJK.04/2021: 700
Annual Report of Issuer or Public Company
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 3
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Main Highlights
Jenius’
Progressive
Growth
Driven by strong demand for its
financing products, Jenius, the digital
banking platform of PT Bank SMBC
Indonesia Tbk, also plans to enhance its
credit card product, the Supplementary
Credit Card (s-Card). This card extends
an existing credit card account to
family members or inner circle.
New Features
Launch of s-Card, a supplementary
credit card
Jenius Maxi Saver available for USD,
GBP, CNY, SGD, AUD, and EUR
Saudi Arabian Riyal foreign currency
QRIS Cross-Border in several countries
Credit card funding for QRIS payments
Jenius Bisniskit => a free supplementary
application from Jenius specifically
designed to assist MSMEs
Registered Customers Third-Party Funds Funding Disbursement
6.3 million Rp 27.6 trillion Rp 3.6 trillion
6.3 million registered customers in 2025, Third-Party Funds (TPF) in 2025 reached Rp27.6 Funding disbursement in 2025 reached
a 5.9% increase compared to 5.9 million trillion, an 18.3% increase compared to Rp23.3 Rp3.6 trillion, a 11.4% increase compared
in 2024. trillion in 2024. to Rp3.2 trillion in 2024.
4 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Strong
Revenue Growth
SMBC Indonesia’s consolidated operating income rose 6% year on year to Rp18.4
trillion. This was supported by an increase in net interest income and consolidated
interest from the OTO Group. This was also supported by an increase in fees from
bancassurance, insurance, investment products, credit cards, and trade commissions.
Assets Net Interest Income Net Interest Margin (NIM)
Rp 245.8 trillion Rp 15.9 trillion 7%
Grow 5% YoY Up 5% Stable at 7.0%
Maintaining Liquidity, Credit Portfolio
Quality, and Healthy Capitalization
01 LCR, 229.42%
*average Q4-2025
NSFR, 122.96% 02
03 CASA Ratio 41%
Increased to 41% from 38% in 2024
Total Loans 3%
Increased 3% to Rp185.4 trillion 04
Loans grew 3%
05 contributed by: Corporate and Commercial Segments 7%
yoy, Jenius excluding Digital Micro 11% yoy
NPL (gross), 2.59%
(including financing receivables) 06
07 CAR, 29.31%
Demonstrating strong capitalization
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 5
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Main Highlights
Strategic
Steps into
the Future
Supported by Sumitomo Mitsui
Banking Corporation’s global network,
SMBC Indonesia will continue to
cement its position as a provider of
innovative and comprehensive financial
services supported by the latest digital
technology.
• SMBC Indonesia: 6.1 Million
01 • BTPN Syariah: 3.8 Million
• OTO & SOF: 1.3 Million
Number
of Customers
• SMBC Indonesia: 221*
02 • BTPN Syariah: 41**
(Syariah Mobile Marketing: 1,511)
Number • OTO & SOF: 9,048
of Branch Offices
* Number of Main Branch Offices & Sub-
Branches
** Number of Branch Offices, Functional Offices,
and Non-Operational Functional Offices
• Jenius (in-App): Rp287 trillion
03 (+4.5% YoY)
• TOUCHBIZ: Rp32 trillion
Volume of Digital (+106% YoY)
Platform Transactions
• SMBC Indonesia: 6.139
04 • BTPN Syariah: 14.224
• OTO & SOF: 9.048
Resilient Resources
6 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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New Role as a Financial Conglomerate
Holding Company
In the middle of 2025, OJK approved the appointment of the Bank as an
Operational Financial Conglomerate Holding Company (FCHC) in SMBC Financial
Conglomerate (SMBC FC) with the structure namely PT Bank SMBC Indonesia Tbk
as FCHC, PT Bank BTPN Syariah Tbk, PT BTPN Syariah Ventura, PT Oto Multiartha
and PT Summit Oto Finance as members of SMBC FC. This structure strengthens
governance, risk management, and compliance across all entities, creates
operational synergies, increases transparency, and enhances the group’s position
for long-term growth.
PT Bank BTPN PT BTPN
Syariah Tbk Syariah
Ventura
PT Bank SMBC
Indonesia Tbk
PT Oto
Multiartha PT Summit Oto
Finance
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 7
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Main Highlights 8 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main
Highlights
2025 Performance 10
Financial Highlights 12
Share Highlights 16
Corporate Actions 17
Information on Temporary Suspension of Shares 17
Trading
Issuance of Bonds and Sukuk 17
Overview of Bonds and Sukuk 18
Rating of SMBC Indonesia Bonds 18
Payment of Interest and Principal in 2025 19
2025 Event Highlights 22
Awards and Certifications 28
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 9
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Main Highlights
2025
Performance
SMBC Indonesia’s consolidated performance for the
2025 period reflects our strategy of focusing on business
fundamentals underpinned by good governance.
Net Interest Income Net Profit Attributable to Owners
of the Parent Entity
Rp 15.9 trillion
The Bank successfully recorded a 5% increase in Interest
Income, while maintaining a net interest margin (NIM) of 7.0%
amid competitive lending rates, rising funding costs, and
ongoing market volatility.
Operating Income
Rp 18.4 trillion Rp 506 billion
This result was primarily driven by increased loan
Operating income increased 6% to Rp18.4 trillion from Rp17.4 provisions at the Bank and its multifinance subsidiaries,
trillion in 2024, driven by a 5% increase in net interest income reflecting additional loan reserves resulting from a more
and a 14% increase in other operating income. intensive portfolio review by the parent company within
the conglomerate framework.
10 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Branch Offices
57 Offices SMBC Indonesia
continues to strive to
provide convenient
services to customers
Sub-Branch Offices ATMs through its extensive
branch and ATM
164 Offices 208 Units network.
Description Total
Operational Head Office 1
Non-Operational Regional Office 9
Branch office 57
Sub-Branch Offices 164
Functional Office
• Operational Functional Office 0
• Non-Operational Functional Office 0
Total Office Network 231
ATM 208
TCR 0
Payment Point 0
Total Office Network & ATM 439
Sustainable Empowerment
DAYA
37 million
With a vision to make a meaningful difference in the lives of millions
of people, SMBC Indonesia achieves this by implementing the Daya
program, a measurable, impactful customer empowerment initiative.
Through 2025, more than 37 million participants benefited from the
Daya program through 12,804 empowerment activities covering the
four pillars of Daya:
Personal Capacity Development
Financial Literacy
Business Capacity Building
Sustainable Living
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 11
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Main Highlights
Financial
Highlights
(Rp Million, unless stated otherwise)
Description 2025 2024 2023 2022
Balance Sheet
Total Assets 245,848,165 241,096,427 201,448,392 209,169,704
Earning Assets 1)
242,001,763 236,185,309 197,325,929 204,169,669
Loans 2) 185,387,869 179,404,617 156,561,297 146,123,516
Deposits from Customers 3)
131,001,080 121,317,811 108,198,576 114,866,548
Borrowings 41,905,179 52,632,885 34,283,897 48,025,106
Securities Issues 6,794,041 2,939,924 200,569 200,134
Investment in Shares 26,572 75,285 102,586 103,473
Total Liabilities 3) 192,392,451 186,350,388 160,165,288 169,756,680
Total Equity 4) 53,455,714 54,746,039 41,283,104 39,413,024
Number of Shares Issued and Fully Paid (in units) 10,645,945,748 10,645,945,748 8,149,106,869 8,149,106,869
Income Statement
Interest Income 24,235,160 23,588,335 18,815,673 15,898,376
Interest Expenses (8,323,257) (8,380,053) (6,771,610) (4,221,331)
Net Interest Income 15,911,903 15,208,282 12,044,063 11,677,045
Other Operating Income 2,527,119 2,221,078 1,689,372 1,664,162
Other Operating Expenses (10,068,560) (9,428,203) (7,222,481) (6,843,364)
Provision for Impairment Losses Expense (8,046,544) (3,897,140) (3,049,919) (1,840,167)
Operating Income – Net 323,918 4,104,017 3,461,035 4,657,676
Profit for the Year Before Tax 281,327 4,120,473 3,457,682 4,657,319
Net Income for the Year (102,129) 3,216,240 2,682,484 3,629,564
Profit for the Year Attributable to
• Owners of the Parent 505,557 2,812,986 2,358,334 3,095,701
• Non-Controlling Interest (607,686) 403,254 324,150 533,863
Other Comprehensive Income for the Year, Net of Income Tax (377,647) 74,756 18,348 (154,602)
Total Comprehensive Income for the Year, Net of Income Tax (479,776) 3,290,996 2,700,832 3,474,962
Total Comprehensive Income Attributable to
• Owners of the Parent 248,351 2,868,590 2,376,847 2,939,728
• Non-Controlling Interest (728,127) 422,406 323,985 535,234
Earnings per Share (Full Amount) 47 279 293 384
Notes:
1. Including loans sharia financing/receivables, current accounts with BI and other banks, placements with BI and other banks, securities, investment in shares,
acceptance receivables, reverse repo, financing receivables, and derivative receivables.
2. Including Sharia financing/receivables and financing receivables.
3. Including temporary syirkah funds.
4. Including non-controlling interests.
12 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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(dalam %)
Description 2025 2024 2023 2022
Financial Ratios
Capital
Minimum Capital Adequacy Requirement (KPMM) 5) 29.3 30.0 29.9 27.3
Earning Assets
Non-performing earning assets and non-performing non-productive 1,2 1.2 0.7 0.7
assets to total earning assets and non-productive assets
Non-performing earning assets to total earning assets 1,2 1.2 0.7 0.7
Reserves for Impairment Losses (CKPN) for financial assets to earning 3,1 2.6 2.5 1.8
assets
NPL-Gross 2,6 2.5 1.4 1.4
NPL-Net 0.8 1.1 0.4 0.4
Profitability
Return on Assets (ROA) 6) 0,1 1.8 1.7 2.4
Return on Equity (ROE) 1,1 6.8 6.5 9.1
Net Interest Income Margin (NIM) 7,0 7.1 6.5 6.3
Operating Expense to Operating Income (BOPO) 97.7 83.2 83.7 75.1
Cost of Funds 4,1 4.4 4.4 2.7
Cost to Income Ratio (CIR) 54.3 53.9 52.7 49.8
Profit (loss) to Income/Sales 1.0 17.1 16.6 26.0
Liquidity
Loan to Deposit Ratio (LDR) 7) 140,3 147.0 142.7 126.7
Current Ratio 36.1 43.7 33.7 45.3
Solvency
Debt to Asset Ratio 78.3 77.3 79.5 81.2
Debt to Equity Ratio 359.9 340.4 414.2 460.0
Compliance
Percentage to BMPK Violation
• Related Parties - - - -
• Non-Related Parties - - - -
Percentage to Excessive BMPK
• Related Parties - - - -
• Non-Related Parties - - - -
Minimum Rupiah Main Statutory Reserves (Bank Only) 7,0 6.9 8.3 8.2
Minimum Foreign Currency Main Statutory Reserves (Bank Only) 4,0 4.0 4.0 4.0
Net Foreign Currency Position (Bank Only) 0,7 1.4 0.5 0.3
Others
Number of Branch Office 8) 2,203 719 333 358
Number of ATM and TCR 222 231 228 221
Number of Employee 9) 29,411 29,382 20,933 19,740
Notes:
5. Including credit, operational, and market risks.
6. RoA before tax.
7. LDR (not including Loan to Bank).
8. Including Payment Points & Functional Offices. On December 31, 2025, MMS at PT Bank BTPN Syariah Tbk is considered a Functional Office according to the OJK
recommendation in June 2025.
9. Including employees of PT Bank BTPN Syariah Tbk, PT OTO Multiartha, and PT Summit Oto Finance.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 13
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Main Highlights
Financial Highlights
01
Customer Deposits
(including temporary syirkah funds)
Rp 131.0 Trillion
02
Total Equity
Rp 53.3 Trillion
03
CAR Ratio
29.3%
04
Return on Equity (RoE)
1.1%
05
Total Assets
Rp 245.8 Trillion
14 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Net Interest Income Loan Distribution
(in trillion rupiah) (in trillion rupiah)
24.4 185.4
23.5 179.4
156.6
12.0
2023 2024 2025 2023 2024 2025
Other Operating Income Other Operating Expenses
(in trillion rupiah) (in trillion rupiah)
2.5 2023 2024 2025
2.2
1.7
(10.1)
(10.3)
2023 2024 2025 (13.3)
Loans Granted Including Third-Party Funds
Financing Receivables (in trillion rupiah)
(in trillion rupiah)
185.4 131.0
179.4
121.3
156.6 108.2
2023 2024 2025 2023 2024 2025
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 15
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Main Highlights
Share
Highlights
INITIAL PUBLIC OFFERING
PT Bank SMBC Indonesia Tbk (“SMBC Indonesia”, “the Bank”) held an initial public offering (IPO) on June 8, 2007. In this
corporate action, 267,960,220 shares were offered to the public with a nominal value of Rp100 (full value) per share.
The offering price was Rp2,850 (full value) per share. The shares were listed on the Indonesia Stock Exchange on
March 12, 2008.
Highest Lowest Closing Trade Volume Total Listed Shares Market Capitalization
Period
(Rp) (Rp) (Rp) (Share) (Share) (Rp)
2025
Kuartal I (Maret) 2,230 1,960 2,000 1,308,100 10,645,945,748 21,291,891,496,000
Kuartal II (Juni) 2,520 1,915 2,520 5,190,700 10,645,945,748 26,827,783,284,960
Kuartal III (September) 2,180 2,040 2,040 2,723,600 10,645,945,748 21,717,729,325,920
Kuartal IV (Desember) 2,260 2,050 2,120 1,687,400 10,645,945,748 22,569,404,985,760
2024
Kuartal I (Maret) 2,620 2,558 2,370 2,557,870 10,645,945,748 25,230,891,422,760
Kuartal II (Juni) 2,630 2,210 2,370 1,491,500 10,645,945,748 25,230,891,422,760
Kuartal III (September) 2,490 2,240 2,260 1,638,800 10,645,945,748 24,059,837,390,480
Kuartal IV (Desember) 2,400 2,220 2,610 1,638,800 10,645,945,748 27,785,918,402,280
SMBC INDONESIA STOCK DEVELOPMENT
Price (Rp/Share) Volume (Share)
3,000 1,000,000
2,400 800,000
1,800 600,000
1,200 400,000
600 200,000
0 0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Price 2025 Volume 2025
16 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Corporate
Actions
ISSUANCE OF SHELF REGISTERED BONDS CHANGE IN SHARE PRICES FROM
V BANK SMBC INDONESIA PHASE III YEAR CORPORATE ACTIONS
2025
The corporate action does not have any impact on the
In September 2025, the Bank issued Shelf Registered Bank’s share price.
Bonds V Bank SMBC Indonesia Phase III Year 2025
with a nominal amount of Rp816,050,000,000 (eight
hundred sixteen billion fifty million rupiah).
Information on Temporary Suspension
of Shares Trading
Throughout 2025, SMBC Indonesia’s shares did not
experience any temporary suspensions of trading on
the stock exchange.
Issuance
of Bonds and Sukuk
During 2025, SMBC Indonesia issued the Shelf Registered Bonds V Bank SMBC Indonesia Phase III Year 2025 with a
nominal amount of Rp816,050,000,000 (eight hundred sixteen billion fifty million rupiah), with the following details:
Description Date of Listing Total Bonds (Rp) Interest Rate (%) Maturity Date
A Series 3 September 2025 670.650.000.000 6.10 2 September 2028
B Series 3 September 2025 145.400.000.000 6.20 2 September 2030
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 17
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Main Highlights
Overview
of Bonds and Sukuk
Description Date of Listing Total Bonds (Rp) Interest Rate (%) Maturity Date Outstanding (Rp)
Public offering of Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate Phase I Year 2024
A Series 8 July 2024 114,755,000,000 7.00 5 July 2027 114,755,000,000
B Series 8 July 2024 240,305,000,000 7.10 5 July 2029 240,305,000,000
Public offering of Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate Phase II Year 2024
A Series 18 December 2024 429,910,000,000 6.70 17 December 2027 429,910,000,000
B Series 18 December 2024 966,505,000,000 6.95 17 December 2029 966,505,000,000
Public offering of Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate Phase III Year 2025
A Series 3 September 2025 670,650,000,000 6.10 2 September 2028 670,650,000,000
B Series 3 September 2025 145,400,000,000 6.20 2 September 2030 145,400,000,000
Rating of SMBC Indonesia
Bonds
Bonds 2025 Rating 2024 Rating 2023 Rating
Public offering of Shelf Registered Bonds IV Bank BTPN with Fixed AAA (idn) AAA (idn) AAA (idn)
Interest Rate Phase I Year 2019
Public offering of Shelf Registered Bonds V Bank BTPN with Fixed idAAA idAAA -
Interest Rate Phase I Year 2024
Public offering of Shelf Registered Bonds V Bank SMBC Indonesia idAAA idAAA -
with Fixed Interest Rate Phase II Year 2024
Public offering of Shelf Registered Bonds V Bank SMBC Indonesia idAAA - -
with Fixed Interest Rate Phase III Year 2025
18 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Payment of Interest and
Principal in 2025
Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate
Phase I Year 2024 Series A
Description Date of Payment Total Payment - Net (Rp)
Coupon-2 5 January 2025 2,008,212,500
Coupon-3 5 April 2025 2,008,212,500
Coupon-4 5 July 2025 2,008,212,500
Coupon-5 5 October 2025 2,008,212,500
Coupon-6 5 January 2026 2,008,212,500
Coupon-7 5 April 2026 2,008,212,500
Coupon-8 5 July 2026 2,008,212,500
Coupon-9 5 October 2026 2,008,212,500
Coupon-10 5 January 2027 2,008,212,500
Coupon-11 5 April 2027 2,008,212,500
Coupon-12 5 July 2027 116,763,212,500
Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate
Phase I Year 2024 Series B
Description Date of Payment Total Payment - Net (Rp)
Coupon-2 5 January 2025 4,265,413,750
Coupon-3 5 April 2025 4,265,413,750
Coupon-4 5 July 2025 4,265,413,750
Coupon-5 5 October 2025 4,265,413,750
Coupon-6 5 January 2026 4,265,413,750
Coupon-7 5 April 2026 4,265,413,750
Coupon-8 5 July 2026 4,265,413,750
Coupon-9 5 October 2026 4,265,413,750
Coupon-10 5 January 2027 4,265,413,750
Coupon-11 5 April 2027 4,265,413,750
Coupon-12 5 July 2027 4,265,413,750
Coupon-13 5 October 2027 4,265,413,750
Coupon-14 5 January 2028 4,265,413,750
Coupon-15 5 April 2028 4,265,413,750
Coupon-16 5 July 2028 4,265,413,750
Coupon-17 5 October 2028 4,265,413,750
Coupon-18 5 January 2029 4,265,413,750
Coupon-19 5 April 202 4,265,413,750
Coupon-20 5 July 2029 244,570,413,750
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 19
Page 22
Main Highlights
Payment of Interest and Principal in 2025
Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate
Phase II Year 2024 Series A
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 17 March 2025 7,200,992,500
Coupon-2 17 June 2025 7,200,992,500
Coupon-3 17 September 2025 7,200,992,500
Coupon-4 17 December 2025 7,200,992,500
Coupon-5 17 March 2026 7,200,992,500
Coupon-6 17 June 2026 7,200,992,500
Coupon-7 17 September 2026 7,200,992,500
Coupon-8 17 December 2026 7,200,992,500
Coupon-9 17 March 2027 7,200,992,500
Coupon-10 17 June 2027 7,200,992,500
Coupon-11 17 September 2027 7,200,992,500
Coupon-12 17 December 2027 121,955,992,500
Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate
Phase II Year 2024 Series B
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 17 March 2025 16,793,024,375
Coupon-2 17 June 2025 16,793,024,375
Coupon-3 17 September 2025 16,793,024,375
Coupon-4 17 December 2025 16,793,024,375
Coupon-5 17 March 2026 16,793,024,375
Coupon-6 17 June 2026 16,793,024,375
Coupon-7 17 September 2026 16,793,024,375
Coupon-8 17 December 2026 16,793,024,375
Coupon-9 17 March 2027 16,793,024,375
Coupon-10 17 June 2027 16,793,024,375
Coupon-11 17 September 2027 16,793,024,375
Coupon-12 17 December 2027 16,793,024,375
Coupon-13 17 March 2028 16,793,024,375
Coupon-14 17 June 2028 16,793,024,375
Coupon-15 17 September 2028 16,793,024,375
Coupon-16 17 December 2028 16,793,024,375
Coupon-17 17 March 2029 16,793,024,375
Coupon-18 17 June 2029 16,793,024,375
Coupon-19 17 September 2029 16,793,024,375
Coupon-20 17 December 2029 257,098,024,375
20 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 23
Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate
Phase III Year 2025 Series A
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 2 December 2025 10,227,412,500
Coupon-2 2 March 2026 10,227,412,500
Coupon-3 2 June 2026 10,227,412,500
Coupon-4 2 September 2026 10,227,412,500
Coupon-5 2 December 2026 10,227,412,500
Coupon-6 2 March 2027 10,227,412,500
Coupon-7 2 June 2027 10,227,412,500
Coupon-8 2 September 2027 10,227,412,500
Coupon-9 2 December 2027 10,227,412,500
Coupon-10 2 March 2028 10,227,412,500
Coupon-11 2 June 2028 10,227,412,500
Coupon-12 2 September 2028 680,877,412,500
Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate
Phase III Year 2025 Series B
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 2 December 2025 2,253,700,000
Coupon-2 2 March 2026 2,253,700,000
Coupon-3 2 June 2026 2,253,700,000
Coupon-4 2 September 2026 2,253,700,000
Coupon-5 2 December 2026 2,253,700,000
Coupon-6 2 March 2027 2,253,700,000
Coupon-7 2 June 2027 2,253,700,000
Coupon-8 2 September 2027 2,253,700,000
Coupon-9 2 December 2027 2,253,700,000
Coupon-10 2 March 2028 2,253,700,000
Coupon-11 2 June 2028 2,253,700,000
Coupon-12 2 September 2028 2,253,700,000
Coupon-13 2 December 2028 2,253,700,000
Coupon-14 2 March 2029 2,253,700,000
Coupon-15 2 June 2029 2,253,700,000
Coupon-16 2 September 2029 2,253,700,000
Coupon-17 2 December 2029 2,253,700,000
Coupon-18 2 March 2030 2,253,700,000
Coupon-19 2 June 2030 2,253,700,000
Coupon-20 2 September 2030 147,653,700,000
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 21
Page 24
Main Highlights
2025 Event
Highlights
22 January 24 January
SMBC Indonesia and PT Sucorinvest Asset Jenius from SMBC Indonesia held a financial education class titled “Financial
Management (Sucor AM) held a press Resolutions: Build a Better Financial Reputation” with Ully Safitri, a Certified
conference at The Raffles Hotel Jakarta about Financial Planner and consultant from OneShildt Financial Independence.
the launch of four mutual fund products At the event attended by mass media journalists, Jenius also introduced
through SMBC Indonesia. The products are its latest innovation, Creditbility, a feature that helps users determine their
the Sucorinvest Sharia Money Market Fund creditworthiness and serves as a practical tool for applying for and managing
(SSMMF), Sucorinvest Sharia Sukuk Fund credit products in Jenius more easily and integratively.
(SSSF), Sucorinvest Premium Fund (SPF), and
Sucorinvest Equity Fund (SEF).
5 February 18 February 3 March
SMBC Indonesia inaugurated SMBC Indonesia once again held the SMBC SMBC Indonesia recorded a
the transformation of its Indonesia Economic Outlook 2025 at Hotel positive performance in the
branch office on Jl. Diponegoro, Indonesia Kempinski, titled “Opportunities financial report for the year
Surabaya, East Java. The first and Challenges 2025: Synergy of the Public 2024. The Bank successfully
of six main branch offices and Private Sectors.” This event features achieved an increase in net
to undergo a complete government officials, economists, political profit, loan disbursement,
transformation following the observers, and industry players to discuss third-party funds, and assets,
rebranding. The next five economic prospects, investment potential, indicating the fundamental
branch offices to transform are and the political situation in Indonesia. The strength of SMBC Indonesia’s
located in Bandung, Yogyakarta, seminar is a response to the economic business to continue driving
Semarang, Medan, and opportunities and challenges that clients sustainable growth for the
Makassar. and the public will face amidst this year’s community.
geopolitical dynamics and domestic policies.
SMBC Indonesia, which
previously served specific The speakers at the event were Dedi Latip,
customer segments, is now Deputy for Investment Planning, Ministry
integrating its products and of Investment and Downstreaming/BKPM;
services into every branch Parjiono, Expert Staff in Macroeconomics
office across the country and International Finance, Ministry of
to meet the needs of all Finance; Chatib Basri, Member of the National
customers. Economic Council; Burhanudin Muhtadi,
Executive Director of Indikator Politik
Indonesia; and SMBC Economist Bohan
Zhang.
22 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 25
10 March 22 April
SMBC Indonesia, along with its The Annual General Meeting of Shareholders (AGMS) of SMBC Indonesia approved
subsidiaries, namely PT Bank BTPN the appointment of Deputy President Director Michellina Laksmi Triwardhany, who
Syariah Tbk (BTPN Syariah), PT Oto replaced Darmadi Sutanto; Deputy President Director Jun Saito, who replaces
Multiartha (OTO), and PT Summit Kaoru Furuya; and Director Yuki Terayama, who replaces Keishi Kobata.
Oto Finance (SOF) or the OTO Group,
commemorated the holy month of The AGMS announced the latest composition of the Board of Directors and
Ramadan 1446 H by holding a gathering Board of Commissioners and decided to use the net profit for the fiscal year
with media colleagues in Jakarta. ending December 31, 2024, to be distributed to shareholders in the form of cash
Leaders from each subsidiary were also dividends.
present at the moment, which aimed to
foster a spirit of sustainable collaboration The shareholders also decided on changes to the Board of Commissioners,
in providing financial solutions for various accepting the resignation requests from Edmund Tondobala and Ongki Wanadjati
segments of society. Dana, while appointing Independent Commissioner Kusumaningtuti Sandriharmy
Soetiono.
20 March 25 April
Jenius from SMBC Indonesia launched SMBC Indonesia, through the Daya program, successfully brought three local
two of its latest innovations, Cash coffee producer and processor MSMEs to the international stage by participating
Cow and Pay & Save, along with the in the Amsterdam Coffee Festival 2025 on April 3-5, 2025. Kata & Rasa, Delawa
#JagainRamadan bareng Jenius Coffee, and Kopi Lasi represented Indonesia by introducing the authentic flavors of
(#CelebrateRamadan with Jenius) Nusantara coffee, successfully attracting the attention of coffee lovers worldwide.
program. Through this launch, Jenius
aims to meet the needs of the The Amsterdam Coffee Festival featured 250 exhibitors from various parts of the
increasingly dynamic, smart, and world and was attended by more than 15,000 visitors. The Roemah Indonesia
integrated digital-savvy community, (RIBV) booth, which also hosted several coffee processors from MSMEs supported
balancing daily transaction needs with by SMBC Indonesia, was visited by around 3,000 visitors during the event,
growing savings funds. generating a total transaction value of 6,000 euros for retail sales.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 23
Page 26
Main Highlights
2025 Event Highlights
29 April 30 April 8 May
SMBC Indonesia, through the Daya SMBC Indonesia continues its Jenius from SMBC Indonesia
program, established a strategic positive performance through an launched its latest innovation, the
partnership with the Womanpreneur increase in operating income and Jenius Additional Credit Card (s-Card).
Community/SheTrades Hub retail loan distribution during the Similar to the Jenius Main Credit
Indonesia (WPC). Through this first quarter of 2025. It is due to the Card (d-Card), the s-Card is not only
collaboration, both parties are fundamental strength of its business available as a physical card for offline
committed to strengthening and significant growth in the digital transactions but also as a virtual
women’s business capacity, banking segment. The positive card in the Jenius app for online
opening access to new markets, note also confirms the business transactions.
and encouraging women’s MSME development of SMBC Indonesia,
products to compete globally and which distributed dividends
sustainably. amounting to Rp562.6 billion, or
approximately Rp52.85 per share.
23 May 28 May 10 July
Jenius from SMBC Indonesia SMBC Indonesia’s commitment to Jenius from SMBC Indonesia
presented its latest investment promoting sustainable economic collaborated with Wise Platform,
product, namely secondary market growth is reaffirmed through Wise’s global payment infrastructure
bonds. This solution allows digital- its active involvement in the for banks and international
savvy individuals to more easily Entrepreneur Hub Financial 2025 companies, setting a new standard
diversify their investments, manage program, a collaborative initiative in faster, more affordable, and
risks better, and continue enjoying with the Ministry of Micro, Small, transparent international transfer
regular income without constantly and Medium Enterprises (MSMEs) services for millions of Indonesians.
monitoring market movements. and Universitas Agung Podomoro Through this collaboration with
to expand access to entrepreneurial Wise Platform, Jenius provides
financing in Indonesia. In this convenience to its users by offering
program, SMBC Indonesia not only international transfer services in
acts as a financing provider but various currencies, including USD,
also becomes a strategic partner EUR, GBP, SGD, AUD, and HKD, which
in developing training modules, can be completed directly from the
providing financial education, and Jenius app at any time, 24/7, without
conducting comprehensive business interruption.
feasibility assessments. This initiative
aligns with SMBC Indonesia’s focus In addition, Jenius users can now
on developing the MSME sector enjoy a faster, more transparent,
as the backbone of the national real-time monitorable international
economy. transfer process, sent directly from
the foreign currency balance held by
users in the Jenius application.
24 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 27
30 July 21 August 27 August
SMBC Indonesia SMBC Indonesia SMBC Indonesia held Daya Fest 2025 on August
successfully maintained collaborated with the 27-29, 2025, at the SMBC Tower, Jakarta. Through
business growth Indonesian Air Force, the theme “Growing Collaboration, Sustainable
throughout the first PT ASABRI (Persero), and Impact,” Daya Fest 2025 reaffirms SMBC Indonesia’s
semester of 2025 other strategic partners commitment to supporting sustainable development
despite global economic to organize a Retirement in Indonesia.
uncertainty. This positive Preparation Socialization
performance is reflected event for members of the Daya Fest 2025 delivered a series of activities,
in the increase in Indonesian Air Force at including: 1) Selendang Mayang, an annual bazaar that
operating income and the the Suharmoko Harbani opens wider market access for MSMEs, fostered by
disbursement of loans Building, Indonesian Air SMBC Indonesia; and 2) Inspirational Empowerment
in both the retail and Force Headquarters, Classes, aimed at broadening knowledge by featuring
corporate segments. Cilangkap. renowned figures such as writer, comedian, actor,
and director Raditya Dika, CEO and Founder of
Waste4Change M. Bijaksana Junerosano, Co-Founder
and CEO of Kata.ai Irzan Raditya, and entrepreneur,
investor, and content creator Theo Derick.
23 September 10 October 29 October
Jenius from SMBC Indonesia The Operations & Technology SMBC Indonesia successfully
presented a series of the latest Director of SMBC Indonesia, Merisa navigated the challenging
unthinkable innovations, starting Darwis, spoke as one of the speakers macroeconomic and microeconomic
from QRIS Cross Border in Japan, at the “Women Empowerment landscape during the January–
Malaysia, and Thailand; the Rewards Exhibition: SHEnergy in Action” event September 2025 period by
Kamu (Your Rewards) feature for organized by PT PLN (Persero) on maintaining a solid foundation and
users to check various rewards, Friday (10/10) in Jakarta. This event quickly adapting to market changes.
benefits, and offers from Jenius serves as a platform for female This resilience led to an increase in
on a single page; an increasingly leaders from various fields to share operational profit and growth in loan
comprehensive Billers feature; a inspiration and experiences in disbursement.
new look for the Jenius app; and developing themselves, their careers,
mutual funds in dollar currency. This and their leadership capacities.
innovation was developed through a
co-creation process with the digitally
savvy community in Indonesia to
remain relevant to their needs.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 25
Page 28
Main Highlights
2025 Event Highlights
6 November 20 November
SMBC Indonesia brought together Hendra Gunawan, the owner of the legendary SMBC Indonesia showed its
Bandung-based business Tahu Talaga Yunsen, which has been established since 1923 commitment to advancing small
and is now managed by the third generation, with several journalists in Bandung, and medium enterprises (SMEs) in
West Java. This program is a manifestation of the Bank’s commitment to fostering the Pekanbaru, Riau, and nationally. This
growth of small and medium enterprises (SMEs) in Indonesia, including in Bandung, commitment is further strengthened
through various innovative financing solutions and digital services. by the introduction of TOUCHBIZ, a
digital solution specifically designed
As a universal bank serving various customer segments, SMBC Indonesia presented to simplify the financial activities of
TOUCHBIZ. This innovation is a digital solution for easier, safer, and more practical SMEs.
business transactions for SMEs, with a touch of innovation for more meaningful
business advancement.
24 November 11 December 12 December
SMBC Indonesia is once again Jenius from SMBC Indonesia SMBC Indonesia terus memperkuat
promoting industry understanding highlighted the latest Travel dukungan terhadap integritas
of technological innovations Protection products, Zurich Travel dan keberlanjutan bisnis melalui
that increasingly affect the Guard and Zurich Visa Protection, in partisipasi dalam ajang “Indeks
financial sector through SMBC the Jenius application supported by Integritas Bisnis Lestari (INSTAR)
Indonesia TechConnect at Ice the Zurich Edge Platform, through 2025”. Acara yang diselenggarakan
Palace, Lotte Shopping Avenue, collaboration with PT Zurich Asuransi oleh Tempo Data Science,
Jakarta. This forum discusses the Indonesia Tbk (Zurich). These latest Transparency International Indonesia
latest developments and roles of protection products are introduced (TII), dan Institute for Strategic
technology, particularly artificial to provide peace of mind for digitally Initiatives (ISI), merupakan ajang
intelligence (AI), in the financial savvy Indonesians in planning their diskusi sekaligus bentuk apresiasi
industry and customer experience. travels, from the visa application kepada perusahaan-perusahaan
The series of SMBC Indonesia process to facing unexpected yang telah menerapkan prinsip
TechConnect activities includes a situations while traveling. integritas dan keberlanjutan dalam
Tech Sharing Session that presents operasional bisnis.
insights on AI trends and digital
banking. Additionally, a panel Dalam diskusi tersebut, Syndications
discussion addresses the challenges & ESG Solutions Head SMBC
and opportunities in adopting Indonesia Denti Irman membahas
technology in the financial sector. tentang inisiatif dan strategi SMBC
Indonesia dalam meningkatkan
portofolio investasi di sektor-sektor
ramah lingkungan sebagai bentuk
kontribusi terhadap penerapan
prinsip lingkungan, sosial, dan
tata kelola dalam setiap aspek
operasional dan bisnis.
26 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 29
18 December
SMBC Indonesia, through the Daya program, reaffirms the Company’s commitment to environmental preservation through the BerDaya
for the Earth Program. SMBC Indonesia, in collaboration with the Tanah Air Semesta Foundation, planted 1,971 trees in Lembang Village,
Leles District, Garut Regency, West Java. It was conducted symbolically and attended by several members of SMBC Indonesia’s Board
of Directors.
The BerDaya for the Earth program invites employees of SMBC Indonesia and its subsidiaries, namely OTO Group and BTPN Syariah, to
contribute through walking and running activities. The results of this program aim to empower local coffee farmers with economically
valuable crops, as well as support biodiversity conservation efforts that include ecosystem protection, habitat restoration, and
collaboration with stakeholders to maintain the sustainability of natural resources in Garut.
Collectively, all participants gathered steps equivalent to 1,971 trees; 1,637 coffee trees, and 334 forest shade trees from October to
November 2025. The amount also includes tree donations provided by several Sinaya Prioritas customers.
19 December 23 December
Jenius from SMBC Indonesia held a financial class, “How to SMBC Indonesia demonstrates its commitment to social
Geniusly Manage Finances for Freelancers.” This event aims responsibility by providing assistance amounting to Rp218.9
to provide practical and easily understandable financial million to communities affected by the flood disaster in North
education; hence, freelancers can manage their finances Sumatera. The distribution of this aid was carried out through
more intelligently. Several topics discussed include the a strategic collaboration with Lions Club Indonesia District
importance of building disciplined financial habits, starting 307-A2, a service organization with a strong network in the
from calculating fixed monthly expenses, managing cash flow, local banking professional community. This donation is open
preparing emergency funds and protection, and choosing to SMBC Indonesia employees and also its subsidiaries—
investment instruments according to risk profiles. BTPN Syariah and OTO Group—to help residents affected by
the floods in North Sumatera and its surroundings.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 27
Page 30
Main Highlights
Awards &
Certifications
AWARDS
Award
No.
Award Name Category Institution of Provider
1. PR INDONESIA Awards 1. Digital Channel Category, Social Media Subcategory (GOLD PR INDONESIA
(PRIA) 2025 WINNER)
2. Public Relations Program Category, Digital Public Relations
Subcategory (GOLD WINNER)
2. 500 Most Outstanding Dini Herdini (Compliance Director), Hanna Tantani (Finance Director), Infobank
Women 2025 Merisa Darwis (Operations Director), Ninik Herlani Masli Ridhwan
(Independent Commissioner)
3. Indonesia Regulatory Sapphire - Best Enterprise in Regulatory Compliance in the Financial Hukumonline
Compliance Awards Services (Bank) sector
2025
4. Bank Service Excellence Jenius from SMBC Indonesia received: Infobank and Marketing Research
Monitor 2025 1. 1st place in the category of best performance for bank email Indonesia
services with digital services in 2024-2025
2. 2nd place in the category of best performance for mobile
banking with digital services in 2024-2025
3. 3rd place in the category of best performance for bank chatbots
with digital services in 2024-2025
4. 1st place in the category of best performance for bank live chat
with digital services in 2024-2025
5. 4th place in the category of best performance for bank social
media with digital services in 2024-2025
6. 3rd place in the category of best performance for bank call
centers with digital services in 2024-2025
7. 1st place in the category of best performance for bank websites
with digital services in 2024-2025
8. 2nd place in the category of best performance for opening bank
accounts via mobile applications/mobile browsers with digital
services in 2024-2025
28 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 31
Date Type of Award Additional Information
26 February Trophy This award is a form of appreciation for the performance of public relations in ministries, institutions, local
governments, national and multinational private companies, State-Owned Enterprises (BUMN) and their
subsidiaries, Regional-Owned Enterprises (BUMD), and even universities.
Jenius from SMBC Indonesia received the “Gold Winner” award in 2 (two) categories:
1. Digital Channel Category, Social Media Subcategory for the update of the Instagram account @
JeniusConnect in August 2024.
2. Public Relations Program Category, Digital Public Relations Subcategory for the Think Unthinkable
campaign, launched in January 2024.
16 April NA This award is a form of appreciation for female leaders in the Board of Directors and Board of
Commissioners who have made significant contributions to the banking industry, life insurance, general
insurance, financing companies (multifinance), securities companies, financial technology companies
(fintech), as well as State-Owned Enterprises (BUMN). Several female figures from state institutions and
politicians with outstanding achievements are also included.
9 May Plaque This award event is a form of appreciation for companies and their leaders for their achievements,
progress, and efforts in promoting compliance with laws and regulations in Indonesia. The assessment
criteria are based on the Company’s strategy and the performance of the Company’s leaders in ensuring
compliance with the law, thereby minimizing legal risks and maintaining the Company’s reputation.
8 May NA The assessment was conducted on more than 50 banks, consisting of 19 commercial banks, 11 regional
development banks, 12 sharia banks, and 10 digital banks.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 29
Page 32
Main Highlights
Awards & Certifications
Award
No.
Award Name Category Institution of Provider
5. 1st Indonesia Operations Two Gold awards for the “Cost-Effective Implementation” category Communication Forum of
Banking Summit (IOBS) through two innovative teams: OTC ISME and Green Great SMBC. Banking Operations Directors
2025 (FKDOP)
6. PT ASABRI (Persero) Excellence in Customer Satisfaction & Cooperation PT ASABRI (Persero)
Payment Partner Award
7. CXtraordinary Tech Jeny Mustopha (Head of Information Technology) Marketing Magazine and Carre CX
Executive Award 2025 Category: Security & Compliance
8. HR Asia Awards 2025 1. Best Companies to Work for in Asia 2025 HR Asia and Business Media
2. Most Caring Company Awards 2025 International
3. Diversity, Equity & Inclusion Awards 2025
9. HR Excellence Award 1. “Excellent” title in the Wellbeing Management category SWA Media Group with the
2025 2. “Very Good” title in the Learning & Development (L&D) category Management Institute of the
3. “Very Good” title in the Employer Branding and Talent Faculty of Economics and
Acquisition category Business, Universitas Indonesia
10. Customer Engagement Always Customer-first Moengage
Excellence Awards
Indonesia 2025
11. Infobank’s 2025 Rating “Very Good” title in the following categories: Infobank Magazine
of 105 Banks 1. KBMI 3 as of December 2023-2024
2. Bank Devisa as of December 2023-2024
3. National Private Foreign-Exchange Bank
4. Go Public Bank Rating
“Very Good” title for 25 consecutive years
12. Fortune Indonesia 100 Ranked 53 out of 100 (up from 56 the previous year) Fortune Indonesia
13. The 16th IICD Corporate 1. 50 Big Capitalization Public Listed Company Indonesian Institute for Corporate
Governance Conference 2. Best Financial Sector in the Big Cap category Directorship
and Award
14. Bisnis Indonesia Champion of Growth Bank - KBMI 3 Category Bisnis Indonesia
Financial Awards 2025
15. 2025 Issuer High Growth and High Dividend Tempo Media Group and
Appreciation Night IDNFinancials
16. Satya JKN Awards 2025 Private Enterprises with 5,000 to <10,000 Employees Social Security (BPJS) for Health
17. Marketing Technology Best Use of Customer Engagement Platform (Jenius) MARKETECH APAC
Awards 2025
18. PRIMA Awards 2025 Titanium Awards – Best Issuing Bank (All Features) PT Rintis Sejahtera (RINTIS) and
Infobank Research Bureau
19. Top 20 Financial 1. Top 20 Financial Institution 2025 in the category of Banks with The Finance
Institution & The Finance Assets of Rp100 Trillion to <Rp500 Trillion with the "Very Good"
Awards 2025 title.
2. The Finance Golden Star Award 2025, for the Bank's success
in receiving the Top 20 Financial Institution award for five
consecutive years.
3. The Finance Best Chief Financial Officer (CFO) 2025 in the Bank
category, awarded to the Finance and Planning Director of
SMBC Indonesia, Hanna Tantani.
20. Indonesia Indonesia Environmental, Social, and Governance (ESG) Leadership Bumi Global Karbon Foundation
Environmental, Social, Awards 2025
and Governance (ESG)
Leadership Awards
2025
30 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 33
Date Type of Award Additional Information
28 May Certificate This award is a form of appreciation for talented bankers in operational units who have successfully
created innovations in the banking industry in Indonesia. It was due to the success of both teams in
creating internal technology-based solutions to realize efficiency and superior service.
28 May Certificate of This award is a form of appreciation to ASABRI’s payment partners for their cooperation and excellent
Merit performance throughout 2024.
3 June Plaque This award is a form of appreciation for leaders who have successfully demonstrated visionary
leadership and provided strategic impact through technological innovation and digital transformation in
the companies they lead.
20 June Trophy and This award is a form of appreciation for companies in Asia that have successfully implemented excellent
certificate human resource management practices, created a positive work culture, and achieved high employee
engagement.
16 July Certificate This award is a form of appreciation for companies that have successfully implemented innovative and
relevant human resource strategies and initiatives in the era of digital transformation.
7 August Plaque This award is a form of appreciation for companies that are deemed successful in enhancing customer
engagement and satisfaction. Jenius from SMBC Indonesia received this award due to Jenius’s efforts
in maximizing customer experience through digital marketing personalization strategies that align with
customer needs and behaviors.
11 August NA This title is based on a study conducted by the Infobank Research Bureau on the performance of 105
commercial banks in Indonesia throughout 2024. SMBC Indonesia ranked second among the 11 banks
that received the “Very Good” title for 25 consecutive years.
12 September Plaque This award is a form of appreciation and recognition for the 100 largest companies in Indonesia based on
revenue.
15 September Trophy and This award is a form of appreciation for companies that have implemented good corporate governance.
certificate
17 September Plaque This award is a form of appreciation for players in the financial services industry, including banking,
insurance, and financing, who can demonstrate excellent and consistent performance, as well as create
impactful innovations that significantly contribute to the growth of the national financial sector.
19 September Certificate of This award is a form of appreciation for public companies included in the Tempo-IDNFinancials 52 Index
Merit for their success in recording positive performance in business growth.
14 October Certificate This award is a form of appreciation for State-Owned Enterprises and private companies for their
of merit and compliance and commitment to fulfilling their obligations and supporting the sustainability of the
trophy National Health Insurance Program (JKN) in Indonesia.
15 October Trophy This award event is a form of appreciation for companies in the Asia-Pacific region that have successfully
created innovations and driven the transformation of the marketing industry with technological support.
Jenius from SMBC Indonesia won an award in the “Best Use of Customer Engagement Platform”
category for its collaboration with Perx Technologies in enhancing customer engagement through the
Yay Points program, a gamification-based points system that tailors to the needs and behaviors of
customers.
23 October NA This award event is a form of appreciation for payment service providers (PSPs) that partner with
RINTIS, both banks and non-banks, which are considered to have made significant contributions and
demonstrated outstanding performance in developing digital payment systems, as well as dedication
to strengthening cooperation with RINTIS, the operator of the switching service that manages the PRIMA
Network.
28 October Certificate This award event is a form of appreciation for companies in the banking, life insurance, general insurance,
of merit and financing, and reinsurance sectors that have successfully maintained stable performance and recorded
trophy positive growth over the last three financial periods. Special awards are also given to Chief Financial
Officers (CFOs) who are deemed to have made significant contributions to the sustainability and growth
of the companies they lead.
12 November Trophy This award event is a form of appreciation for companies and organizations that uphold transparency
and consistency in environmental, social, and governance (ESG) principles in Indonesia. SMBC Indonesia
received this award due to the bank’s ESG initiatives throughout 2024, which include sustainable
financing, the use of renewable energy, emission reduction, and empowerment through the Daya
program.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 31
Page 34
Main Highlights
Awards & Certifications
Award
No.
Award Name Category Institution of Provider
21. Mitra Pembayaran Top 3 Best ASABRI Pension Payment Partners Directorate General of Treasury
ASABRI 2025 of the Ministry of Finance in
collaboration with PT TASPEN
(Persero) and PT ASABRI
(Persero)
22. Asia Sustainability Platinum Rank National Center for Corporate
Reporting Rating Reporting (NCCR) and Institute
(ASRRAT) 2025 of Certified Sustainability
Practitioners (ICSP)
23. Top CEO Indonesia “The Innovative Leader in the Digital Banking Vanguard” granted to IDNFinancials and MetroTV
Awards 2025 the President Director of SMBC Indonesia, Henoch Munandar
24. Investing on Climate by Best Emission Reduction and Best Climate Financing Investing on Climate
Editors Choice Award
2025
25. Top 100 CEO & the 200 1. Top 100 CEO, given to the President Director of SMBC Indonesia, Infobank Media Group
Future Leaders 2025 Henoch Munandar
2. Top 200 Future Leaders, given to the Corporate Banking
Japanese Director of SMBC Indonesia, Atsushi Hino
26. Annual Report Award 3rd place in the category of “Non-SOEs/Non-ROEs Go Public in National Committee of
2024 Finance” Governance Policy
27. Indeks Integritas Bisnis INSTAR Verified Company Tempo Data Science,
Lestari (INSTAR) 2025 Transparency International
Indonesia (TII), and Institute for
Strategic Initiatives (ISI)
28. Launch of the 2024 Ranked “A” as one of the public companies with the best Foundation for International
Indonesian Public sustainability report of 2024 Human Rights Reporting
Company Sustainability Standards (FIHRRST) and Moores
Report Study Rowland
29. Indonesian Sustainable 1. Platinum Predicate for SDGs (4.3) Quality Education through the Corporate Forum for CSR
Development Goals "Empowerment of Digital Skills and Entrepreneurship through Development (CFCD)
Awards (ISDA) 2025 the Daya SMBC Indonesia" Program
2. Gold Predicate for SDGs (8.3(b)) Decent Work and Economic
Growth through the "Digital Community Empowerment through
Daya.id" program
CERTIFICATIONS
No. Name of Certification Date Validity Period Certifying Party
1. SNI ISO 9001:2015 Certification 7 January 2022 6 January 2025 TUV Rheinland
PT Bank BTPN Tbk. Procurement of goods and
services
2. SNI ISO 9001:2015 Certification 20 November 2025 28 October 2028 SGS United Kingdom Ltd
PT Bank BTPN Tbk.Procurement of goods and
services
3. ISO/IEC 27001:2022 Certification 1 Juli 2023 30 Juni 2026 BSI British Standards
Information Security Management Systems Institution
(ISMS).
32 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Date Type of Award Additional Information
13 November Plaque SMBC Indonesia received recognition as one of the top three pension payment partners of PT ASABRI
(Persero). This award is based on the evaluation of service performance, timeliness of pension benefit
payments, and compliance with operational standards set by PT ASABRI (Persero).
28 November Trophy This award event is a form of appreciation for companies and organizations from both domestic
and international. Those deemed to have excellence in sustainability reporting and demonstrate
commitment to best practices in sustainability governance. This year marks the fifth consecutive year
that SMBC Indonesia has received the highest ranking in its six years of participation in this event.
4 December NA This award event is a form of appreciation for company leaders from various industrial sectors who have
successfully demonstrated resilience and possess a strategic vision in realizing sustainable business
transformation in the companies they lead.
5 December NA The award event, organized by Investing on Climate, an independent organization founded by economic
and environmental journalists focusing on climate change investment, is a form of appreciation for
companies that have contributed significantly to mitigating the impact of climate change through
various initiatives and sustainable investments.
8 December Plaque This award event is a form of appreciation for leaders in the banking, insurance, financing companies,
state-owned enterprises (BUMN), and financial services support institutions who have made significant
contributions to the companies they lead.
8 December Plaque and This award event is a form of appreciation for companies that have demonstrated integrity,
certificate transparency, and accountability in their annual company reports. This year, 206 companies from
various industrial sectors, including public and non-public companies, financial and non-financial
institutions, State-Owned Enterprises (BUMN), and Regional-Owned Enterprises (BUMD), participated in
this award event.
12 December Certificate of The event, organized by Tempo Data Science, Transparency International Indonesia (TII), and the
Merit Institute for Strategic Initiatives (ISI), serves as a forum for discussion and a form of appreciation for
companies that have implemented principles of integrity and sustainability in their business operations.
SMBC Indonesia received the award for its success in maintaining a commitment to ethics and an
anti-corruption culture, labor protection, as well as structured and transparent environmental impact
management and reporting.
16 December Certificate The study was conducted on 263 public companies in Indonesia, assessing the quality and depth of
sustainability practice disclosures in the aspects of anti-corruption, human rights, and climate change-
related risks and opportunities.
17 December Trophy This award event is a form of appreciation for companies from various sectors, such as energy,
mining, manufacturing, finance, infrastructure, and services, that have successfully demonstrated
consistency and commitment in implementing social and environmental responsibility programs,
in line with the achievement of the Sustainable Development Goals (SDGs). It was due to SMBC
Indonesia’s commitment through the Daya program in enhancing skills and digital education related
to entrepreneurship, finance, and lifestyle through the Daya.id platform and various other programs
in empowering individuals, clients, micro, small, and medium enterprises (MSMEs), and the Indonesian
community.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 33
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Management Report 34 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management
Report
Board of Commissioners’ Report 36
The Board of Commissioners 42
Board of Directors’ Report 44
The Board of Directors 54
Board of Management 56
Executive Officers 58
Statement Letter of The Board of Commissioners and 62
Board of Directors Regarding Responsibility for The
2025 Annual Report of PT Bank SMBC Indonesia Tbk
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 35
Page 38
Management Report
Board of
Commissioners’
Report
Chow Ying Hoong
President Commissioner
36 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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In 2025, the Bank continued to integrate sustainability aspects into
its strategy and operations, including the management of social and
environmental aspects, to create long-term value for all stakeholders.
Dear Shareholders
and Stakeholders,
This report presents the implementation of the duties and responsibilities
of the Board of Commissioners of PT Bank SMBC Indonesia Tbk (“SMBC
Indonesia” or the “Bank”) during the 2025 financial year, as an integral part of
the Bank’s Annual Report.
Throughout 2025, the Board of Commissioners assessed that the Bank’s
strategic policies and overall strategic management had been implemented
effectively and prudently. This has been as an essential foundation for SMBC
Indonesia to strengthen its competitiveness further and deliver sustainable
growth amid an evolving external environment.
Economic And Industry Overview
The Board of Commissioners observed that the global economic landscape
in 2025 continued to faced uncertainties, which required careful assessment
of potential risks and challenges, including the spillover effects of global
monetary policy and persistent geopolitical conflicts.
This global uncertainty was influenced, among others, by the Russia–
Ukraine and the Israel–Palestine conflicts, rising diplomatic and economic
tensions between China and several other countries, and the United States’
implementation of reciprocal tariff policies, which affected global trade
dynamics.
Amid these conditions, the Indonesia’s economy demonstrated solid
resilience and continued to achieve positive growth. Data released by Central
Bureau of Statistics (BPS) showed that Gross Domestic Product (GDP) grew
by 5.11% in 2025, up from 5.03% in the previous year.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 37
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Management Report
Board of Commissioners’ Report
In relation to this positive economic performance, The Board of Commissioners believes that the Board
Bank Indonesia (BI) stated that growth was primarily of Directors had managed the business activities to
supported by stronger domestic demand, in line with achieve sustainable performance with strict adherence
various government policies, as well as the continued to the corporate strategy as outlined in the Bank’s
positive impact of BI’s monetary and macroprudential Business Plan (“RBB”) and its revisions and made
policy mix in driving economic growth. Throughout the right adjustments to economic dynamics in
2025, BI progressively reduced its benchmark interest 2025, in conjunction with the efforts of the Financial
rate several times, from 5.75% at the beginning of the Conglomerate Holding Company (FCHC) to implement
year to 4.75% by the end of 2025. prudent principles and maintain solid capital.
Assessment of The Board of Directors’ This reflected the Bank’s consistently managed
Performance in Managing The Bank fundamentals and the harmonious coordination
The Board of Commissioners believes that the Board between the Board of Commissioners and the Board of
of Directors has responded to external conditions in Directors in creating long-term value for stakeholders.
an appropriate and measured manner. The Board of
Directors was considered successfull in leading SMBC In 2025, the Bank delivered positive growth in total
Indonesia in navigating the challenges faced, while assets and loan disbursement, maintained strong
remaining focused on improving performance and liquidity and capital ratios, and preserved sound
building business synergies by prioritizing the prudential asset quality with adequate credit loss provisioning,
principle. despite lower profitability due to higher credit costs.
Nevertheless, the Bank continued to face challenges in
The Board of Commissioners assesses that, throughout increasing low-cost funds through the Current Account
2025, the Board of Directors demonstrated effective and Savings Account (CASA) ratio and in maintaining
and strategic leadership through optimal resource its Cost of Funds (CoF) amid intense interest rate
management, prudent decision-making, and the ability competition.
to adapt to changes in the business environment and
regulations. This was reflected in the application of risk Taking into account external conditions and the RBB’s
management and prudent principles in achieving growth achievement as the basis for its assessment, the Board
focused on business, fundamentals and grounded in of Commissioners considered that, overall, the Board
good governance. of Directors delivered satisfactory performance in
2025, despite the challenging business environment.
In 2025, the Board of Directors successfully led the The Bank remained committed to improve its financial
Bank to establish SMBC Indonesia as a Financial performance through managing funding costs, growth
Conglomerate Holding Company (FCHC) comprising in third-party funds, improvements in the Loan to
PT Bank BTPN Syariah Tbk, PT BTPN Syariah Ventura, Deposit Ratio (LDR) and CASA ratio, yield management,
PT Oto Multiartha and PT Summit Oto Finance as the increased fee-based and foreign exchange income, and
members. This establishment marked a significant loan growth, while maintaining credit cost efficiency.
milestone for SMBC Group in Indonesia, enabling the
continued enhancement and alignment of governance In addition, the Bank consistently enforced discipline in
and risk appetite to support sustainable growth operational costs, and continued to optimize synergies
and regulatory compliance across all subsidiaries. among the Bank’s business units and its subsidiaries and
By consolidating oversight within a unified holding companies within the SMBC Financial Conglomerates,
structure, SMBC Indonesia can standardize and while adhering to adequate risk management and
strengthen corporate governance frameworks, improve integrated governance.
risk management practices, and enable consistent
application of policies aligned with the Group’s strategic The implementation of the Board of Directors’
objectives. Moreover, this integrated approach would strategies and policies in 2025 also supported the
facilitate more efficient operational synergies, and Bank’s operational performance, as reflected in a 5.8%
promote greater transparency and accountability, year-on-year (yoy) increase in consolidated operating
thereby reinforcing stakeholder confidence and income. This was also supported by an increase in fees
positioning the organization for long-term success in a from bancassurance, insurance, investment products,
dynamic financial landscape. credit cards, and trade commissions.
38 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Board of Commissioners’ Supervision of Strategy of Directors. In addition, the Board of Commissioners
Formulation And Implementation provided advice outside formal meetings when
The Board of Commissioners’ supervised of the Bank’s necessary, while upholding the principles of
management by the Board of Directors extends from effectiveness and accountability.
strategy formulation through to implementation. Such
activities were monitored through indicators of the View on Business Prospects
Bank’s Business Plan and the Business Plan Supervision The Board of Commissioners assessed that, in
Report. formulating the Bank’s business prospects, the Board
of Directors has taken into account various important
The Board of Commissioners supervised and evaluated indicators, including internal and external conditions,
the performance of the Board of Directors by referring ongoing uncertainty challenges, as well as the Bank’s
to the Bank’s Business Plan and its subsequent corporate action plans and business targets.
revisions, prepared by the Board of Directors, and
approved by the Board of Commissioners, and The Board of Directors had conducted an analysis of the
submitted to the Financial Services Authority (OJK). In impact of environmental changes on business, products
carrying out its supervisory role and providing advice and technology; an analysis of strengths, weaknesses,
to the Board of Directors, the Board of Commissioners opportunities, and threats or challenges (Strengths,
and the Board of Directors of SMBC Indonesia convene Weaknesses, Opportunities, and Threats/SWOT) related
joint meetings regularly and on an ad hoc basis when to the Bank’s competitive position in the banking
necessary. industry, financial performance, organizational structure,
infrastructure, managerial capabilities and availability of
The joint meetings between the Board of human resources; and analyzed all strategic alternatives
Commissioners and the Board of Directors discussed the by considering the Bank’s strategic objectives and risk
implementation and evaluation of the Bank’s strategy tolerance as well as the Bank’s long-term objectives.
and ensured follow-up on the recommendations made
by the Board of Commissioners. Additionally, the Board Based on these considerations, the Board of
of Commissioners provided recommendations for the Commissioners believed that the business prospects
Board of Directors to implement. formulated by the Board of Directors had been prepared
comprehensively and realistically, while still taking
The implementation of the Board of Commissioners’ into account risk management and good corporate
supervisory function was further supported by governance. The Board of Commissioners fully supports
committees under the Board of Commissioners.. Management in achieving the established targets.
Recommendations issued by these committees
were submitted to the Board of Commissioners View on the Implementation of Good
and subsequently conveyed as advice and Corporate Governance
recommendations to the Board of Directors in The Board of Commissioners assessed that SMBC
conducting the Bank’s business activities. The Board of Indonesia had demonstrated a strong commitment to
Directors has fully followed up on all recommendations the implementation of Good Corporate Governance
issued by the Board of Commissioners throughout (GCG) principles throughout the 2025 financial year.
2025. The Bank demonstrated this commitment by upholding
transparency, accountability, and sustainability in
Frequency and Mechanism for Providing Advice conducting its business activities.
In addition to exercising its supervisory function, the
Board of Commissioners continuously monitored Such commitment is essential, as GCG served as a
and provided advice to the Board of Directors, both solid foundation for maintaining stakeholders’ trust and
directly through joint meetings between the Board of supporting the Bank’s long-term business sustainability.
Commissioners and the Board of Directors or through Accordingly, the Bank consistently presented an
meetings with the committees under the Board of informative and comprehensive Annual Report as a
Commissioners. manifestation of its commitment to good corporate
governance practices.
Throughout 2025, the Board of Commissioners held
7 (seven) joint meetings with the Board of Directors. The comprehensive implementation of GCG is also
These meetings discussed various agenda items and carried out within the SMBC Financial Conglomeration,
included input and recommendations from the Board in which the Bank acts as the Financial Conglomeration
of Commissioners for implementation by the Board Holding Company. Further details on this matter are
set out in the Annual Report on Integrated Governance
Implementation.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 39
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Management Report
Board of Commissioners’ Report
In 2025, the Bank continued to integrate sustainability commitment to best practices in sustainability
into its strategy and operations, including the governance. This year marked the fifth consecutive
management of social and environmental issues, to time SMBC Indonesia has received the highest
create long-term value for all stakeholders. The evaluation rating in its 6 (six) years of participation in this event.
of GCG implementation is conducted periodically through
semi-annual and annual self-assessments. In 2025, the 4. Indonesian Sustainable Development Goals
Bank’s GCG self-assessment resulted in a Composite Awards (ISDA) 2025
Rating of 2, categorized as “Good.” SMBC Indonesia received awards at the Indonesian
Sustainable Development Goals Awards (ISDA)
In addition, the GCG assessment is conducted by an 2025, organized by the Corporate Forum for CSR
independent party in accordance with the ASEAN Development (CFCD). In this award event, SMBC
Corporate Governance Scorecard (ACGS) standards. For Indonesia received two recognitions:
the 2024-2025 assessment period, SMBC Indonesia • A Platinum predicate for SDGs (4.3) Quality
achieved an overall score of 107.15 points, earning the Education through the “Digital Skills and
predicate “Leadership in Corporate Governance” (Level Entrepreneurship Empowerment Program
5). through Daya SMBC Indonesia.”
• A Gold predicate for SDGs (8.3(b)) Decent Work
The various external awards received throughout and Economic Growth through the “Digital
2025 further reflect the quality of the Bank’s GCG Community Empowerment Program through
implementation and sustainability reporting, including, Daya.id.
among others:
The positive assessment of GCG implementation, as well
1. Annual Report Award (ARA) 2024 as external recognition through various awards, reflected
SMBC Indonesia received the Third Prize in the SMBC Indonesia’s success in effectively implementing
“Non-State-Owned/Non-Regionally-Owned Public Good Corporate Governance throughout 2025. With
Financial Company” category at the Annual Report a strong focus on transparency, accountability, and
Award (ARA) 2024, organized by the National sustainability, SMBC Indonesia has built solid trust
Committee on Governance Policy (KNKG) on and a strong reputation within the Indonesian banking
December 8, 2025. This award reflects SMBC industry.
Indonesia’s commitment to preparing high-quality,
transparent annual reports. In addition, as part of its GCG implementation, SMBC
Indonesia had established whistleblowing channel
2. Top 50 Big Capitalization Public Listed Company as a reporting mechanism for indications of fraud or
at The 16th IICD Corporate Governance actual fraudulent activities within the Bank. For every
Conference and Award report received, the Anti Financial Crime Division
SMBC Indonesia received recognition from the ensures appropriate follow-up actions are taken while
Indonesian Institute for Corporate Directorship (IICD) safeguarding the whistleblower’s identity.
at The 16th IICD Corporate Governance Conference
and Award, held on September 15, 2025, as one The Bank periodically reminded all employees to report
of the Top 50 Big Capitalization Public Listed any indication of fraud or fraudulent activities through
Companies, representing companies with large the whistleblowing channel. Furthermore, information
asset capitalization. regarding the Bank’s whistleblowing channel is disclosed
on the corporate website and included in cooperation
3. Platinum Rating at the Asia Sustainability agreements with third parties, including vendors and
Reporting Rating (ASRRAT) 2025 business partners.
On November 28, 2025, SMBC Indonesia once
again achieved a Platinum rating at the ASRRAT The Board of Commissioners expected that strong
2025 event, organized by the National Center for GCG implementation within SMBC Indonesia could
Corporate Reporting (NCCR) and the Institute of continue to be maintained and developed in line with
Certified Sustainability Practitioners (ICSP). This the dynamics of the industry and prevailing regulations.
award recognizes companies and organizations, The Board of Commissioners expresseed its highest
both domestic and international, that demonstrate appreciation for these efforts, as effective GCG
excellence in sustainability reporting and a strong implementation strengthens stakeholders’ trust and
supports the Bank’s sustainable performance growth.
40 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Assessment of Committees Under The concluded at the 2025 AGMS. Accordingly, at the
Board of Commissioners Annual General Meeting of Shareholders held on April
As of the end of the 2025 financial year, the Board of 22, 2025, all members of the Board of Commissioners
Commissioners of SMBC Indonesia, on an individual were reappointed, except for Ongki Wanadjati Dana
basis, was supported by four committees: the and Edmund Tondobala. At the same meeting,
Audit Committee, the Remuneration & Nomination Kusumaningtuti Sandriharmy Soetiono was appointed
Committee, the Risk Monitoring Committee, and the as Independent Commissioner.
Integrated Governance Committee. All committees
are responsible for conducting reviews and oversight Accordingly, the composition of the Board of
in accordance with the duties and responsibilities Commissioners as of the end of the 2025 financial year
stipulated in their respective charters. was as follows:
On an annual basis, the Board of Commissioners Name Position
evaluates the performance of these committees. The
Chow Ying Hoong President Commissioner
parameters or criteria and procedures applied in the
Takeshi Kimoto Commissioner
self-assessment include, among others, attendance at
meetings and the implementation of work activities in Ninik Herlani Masli Ridhwan Independent Commissioner
accordance with each committee’s charter and rules Onny Widjanarko Independent Commissioner
of procedure. This assessment was important, as the Kusumaningtuti Sandriharmy Independent Commissioner
Soetiono
recommendations provided in such meetings served
as valuable inputs for the Board of Commissioners in Marita Alisjahbana Independent Commissioner
carrying out its supervisory function.
Appreciation
In addition, the evaluation of the committees considered The Board of Commissioners extended its highest
the outcomes and quality of the recommendations appreciation to the Board of Directors, as well as to the
issued, which reflect each committee’s competence. In entire management team and employees of the Bank,
implementing these assessment parameters in 2025, for their performance achievements and dedication in
the committees also conducted visits to branch offices managing the Bank throughout 2025.
to ensure compliance, accountability, and governance
practices were properly implemented within SMBC The Board of Commissioners also expresseed its
Indonesia. sincere gratitude to the Shareholders for the trust and
opportunity granted to serve as part of the Bank’s
Based on these parameters, the Board of business journey. Likewise, the Board of Commissioners
Commissioners considered that the committees conveys its appreciation to the regulators for their
as organs under the Board of Commissioners have guidance and supervision, which have ensured that the
performed their duties effectively. The committees Bank’s operations are conducted in accordance with
have provided optimal support in fulfilling the Board of prevailing regulations and best business practices.
Commissioners’ roles and responsibilities.
To our customers, business partners, and other
Changes In The Composition pf The Board stakeholders, the Board of Commissioners conveyed
Of Commissioners heartfelt gratitude for the trust and cooperation
The term of office of the Bank’s Board of extended to the Bank. With the continued support of
Commissioners, which commenced following the all stakeholders, the Bank has delivered solid business
2022 Annual General Meeting of Shareholders (AGMS), performance in the 2025 financial year.
Jakarta, March 31st 2026
On behalf of the Board of Commissioners,
Chow Ying Hoong
President Commissioner
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 41
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Management Report
The Board
of Commissioners
Marita Alisjahbana Ninik Herlani Masli Ridhwan Takeshi Kimoto
Independent Commissioner Independent Commissioner Commissioner
42 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Chow Ying Hoong Kusumaningtuti Sandriharmy Soetiono Onny Widjanarko President Commissioner Independent Commissioner Independent Commissioner 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 43
Page 46
Management Report
Board of
Directors’
Report
Henoch Munandar
President Director
44 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Amidst dynamic situation, SMBC Indonesia recorded performance
growth in 2025 through the implementation of robust risk
management and prudent principles, reflecting a strategy focused
on strengthening business fundamentals, implemented under a
foundation of good corporate governance.
Dear shareholders
and stakeholders,
The 2025 Annual Report of PT Bank SMBC Indonesia Tbk (“SMBC Indonesia”
or “Bank”) has been prepared as a reflection of the Bank’s commitment
to upholding the principles of good corporate governance, particularly
transparency and accountability to shareholders and stakeholders. This
report presents the Bank’s performance and achievements throughout the
2025 financial year, taking into account the evolving external environment,
both global and domestic, which has influenced the Bank’s performance and
strategic direction.
GLOBAL AND DOMESTIC ECONOMIC CONDITIONS
The global economy in 2025 remained marked by uncertainty, requiring
careful anticipation. Nevertheless, the global economy remained resilient,
primarily supported by economic growth in Japan and India, driven by
household consumption and fiscal stimulus policies.
Europe’s economic outlook remained positive, supported by household
consumption, investment, and favorable labor market conditions. Meanwhile,
the United States economy still moderate in 2025 due to the temporary
impact of a government shutdown and a weakening labor market. On
the other hand, the Chinese economy continued to soften amid subdued
domestic demand. In global financial markets, the Federal Funds Rate (FFR)
declined by 75 basis points throughout 2025, bringing the rate to a range
of 3.50-3.75% by December 2025, with more limited room for further
reductions going forward.
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Management Report
Board of Directors’ Report
Domestically, Indonesia’s economic growth improved. As of December 2025, loan disbursement grew 3.3%
Central Bureau of Statistics (BPS) recorded Gross year-on-year to Rp185.4 trillion. This growth was
Domestic Product (GDP) growth of 5.11% year-on-year primarily supported by the corporate and commercial
(yoy), compared to approximately 5.03% in the previous segments, which increased 6.5% year-on-year, and
year. Jenius loan disbursement excluding Digital Micro,
which grew 11.3% year-on-year. Credit growth was also
From the expenditure side, household consumption contributed by the Bank’s subsidiaries, the OTO Group,
remained the largest contributor to GDP, accounting which saw disbursement increase by 3.2% year-on-
for 53.88% and growing by 4.98%. Gross Fixed Capital year, and BTPN Syariah, which grew 1.8% year-on-year.
Formation (investment), which accounted for 28.77% of
GDP, grew by 5.09%.
2025 PERFORMANCE ACHIEVEMENTS
From a sectoral perspective, the manufacturing industry
remained the largest contributor to GDP, accounting Key Challenges and Obstacles
for 19.07% and growing by 5.30%. The financial In 2025, the Bank successfully navigated various
and insurance services sector grew by 3.96% and challenges in implementing its business development
contributed 4.11% to GDP. strategy. These challenges had been incorporated into
the Bank’s Business Plan and included:
Banking resilience remains strong, supported by • Global market uncertainty is affecting the domestic
adequate liquidity, maintained high levels of capital economy in 2025–2027.
capacity, and low credit risk. The banking capital • Continued pressure from global food inflation due
adequacy ratio (CAR) in December 2025 was recorded to climate disruptions and geopolitical tensions.
at a high 25.89%, a strong indicator of risk absorption • The risk of stagflation remains on the Federal
and supporting credit growth. The aggregate banking Reserve’s radar, reflecting inflation persistence
non-performing loan (NPL) ratio remained low at alongside moderating growth.
2.05% (gross) and 0.79% (net) in December 2025. • A sharp slowdown in the Chinese economy due
Bank Indonesia’s stress test results demonstrate the to weakening consumption, debt pressures,
banking sector’s continued strong resilience in the face challenges in the property sector, and reliance on
of various risks, supported by maintained corporate fiscal and monetary stimulus.
repayment capacity and profitability. • In the first half of 2025, the United States
experienced inflationary pressure from tariffs and
Credit/financing growth in December 2025 is projected energy, so monetary policy remained tight, with
to reach 9.69% (yoy), amidst a wait-and-see attitude the central bank, the Fed, holding interest rates in
in the business world, optimization of internal financing the range of 4.25–4.5%. However, as labor market
by corporations, and a still-slow decline in lending growth weakened, interest rate cuts eventually
rates. Undisbursed loan facilities remained substantial continued, and by the end of 2025, the Fed Rate
as of December 2025, reaching Rp2,439 trillion of the stood at around 3.50–3.75%.
available credit limit. • Global trade fragmentation will become more
apparent by 2025, with a sharp increase in tariffs
Amidst this dynamic situation, SMBC Indonesia and the formation of new trading blocs.
recorded performance growth in 2025 through the
implementation of robust risk management and The Bank continued to closely monitor developments
prudent principles, reflecting a strategy focused on in the banking industry and broader economy at both
strengthening business fundamentals, implemented national and global levels. We leveraged Indonesia’s
under a foundation of good corporate governance. economic momentum, supported by domestic demand,
consumer spending, investment, and strong commodity
exports, while consistently upholding prudent risk
management principles.
46 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 49
Target Market, Strategic Policies, and 3. Increasing low-cost funds (CASA) and fee-based
Implementation income, including foreign exchange income, by
SMBC Indonesia is committed to fostering meaningful enhancing customer value propositions, capabilities,
societal growth through innovative and comprehensive products, and services.
financial solutions tailored to customers across 4. Investing in talent and cultivating a high-
various segments. The Bank provides green financing performance, trust-based culture.
solutions, products, and services to pensioners, micro, 5. Implementing bank-wide operational excellence
small, and medium enterprises (MSMEs), and national, through digitalization and process improvement.
multinational, and Japanese corporate customers. 6. Optimizing resource utilization and improving return
Wealth management services are delivered through on assets.
Sinaya, while digital banking services are offered 7. Strengthening collaboration with subsidiaries,
through Jenius for digitally savvy customers. including BTPN Syariah and OTO Group, and
leveraging the SMBC global network within
Through its subsidiary, PT Bank BTPN Syariah Tbk (BTPN regulatory boundaries.
Syariah), the Bank serves productive underprivileged 8. Enhancing IT operational excellence and
communities. Meanwhile, PT Oto Multiartha (OTO) strengthening digital and cybersecurity resilience.
provides financing for four-wheel vehicles, and PT
Summit Oto Finance (SOF) provides financing for two- In addition, the Bank applies modern management
wheel vehicles. principles and focuses on value creation. In achieving
its objectives, the Bank has identified the business and
The Bank’s commitment to generating sustainable, functional challenges it faces, ensuring its focus remains
positive impact is also reflected in Daya, an ongoing on these areas.
empowerment program delivered through structured,
measurable training initiatives that strengthen The Role of the Board of Directors in
capabilities and improve the quality of life. Formulating Strategy and Strategic Policies
and Ensuring Strategy Implementation
Strategies and Strategic Policies The Board of Directors of SMBC Indonesia is directly
In 2025, SMBC Indonesia’s strategic focus and policies involved in the formulation of strategies and strategic
to support the achievement of business targets policies, as outlined in the Bank’s Business Plan
will include continued improvement in operational (RBB), given that the responsibility for preparing the
excellence. These initiatives are carried out through RBB falls within the scope of the Board of Directors’
digitalization and process excellence, optimization responsibilities to be approved by the Board of
of resource utilization, investment in talent, and Commissioners, in accordance with OJK Regulation No.
optimization of synergies with SMBC Indonesia’s 5/POJK.03/2016 concerning Bank Business Plans.
subsidiaries and the SMBC Group.
The RBB preparation process involves Board discussions
The Bank also strengthened its Information Technology on business targets, budgeting, risk alignment, and
(IT) operations, digital and cybersecurity capabilities, consistency with the Bank’s risk appetite. Reviews
and transaction banking capacity. At the same time, are conducted to generate priority recommendations
SMBC Indonesia continued to reinforce human capital, while ensuring comprehensive risk management and
risk management, and compliance with Good Corporate prudential principles.
Governance (GCG) principles to ensure sustainable
growth.
Key strategic initiatives in 2025 included:
1. Expanding lending across the value chain with a
clearly defined risk appetite aligned with the Bank’s
objectives and policies.
2. Growing the retail customer base and revenue by
enhancing Jenius as a platform and strengthening
wealth management capabilities, optimizing
distribution channels, fostering cross-Line of
Business collaboration, and building strategic
ecosystem partnerships.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 47
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Management Report
Board of Directors’ Report
After the business plan, budget, and strategy have been The increase in the consolidated CKPN reflects our
determined and approved, the next step is to formulate efforts as FCHC to continuously improve the standards
Key Performance Indicators (KPIs) for the Bank and its of good corporate governance implementation
subsidiaries to assist management in monitoring the and maintain asset quality and bank resilience.
company’s performance using more practical, easier- Consequently, SMBC Indonesia’s consolidated net profit
to-monitor indicators (qualitative and quantitative). The attributable to owners of the parent entity was recorded
Board of Directors regularly monitors the Bank’s and at Rp506 billion for 2025.
its subsidiaries’ KPIs. Developments in financial KPIs are
included in the Board of Management (BOM) meeting SMBC Indonesia’s strong commitment is reflected in its
materials, which are held monthly. consolidated loan disbursement, which increased 3.3%
year-on-year (yoy), to Rp185.4 trillion. This growth was
Every quarter, the monitoring and evaluation of primarily supported by the corporate and commercial
RBB achievements are outlined in the Business Plan segments, which increased 6.5% year-on-year (yoy),
Realization Report, which includes follow-up actions to and the realization of Jenius loans excluding Digital
improve achievement of the Business Plan. All of these Micro, which grew 11.3% year-on-year (yoy). Credit
processes are part of the Board of Directors’ efforts growth was also contributed by the Bank’s subsidiaries,
to ensure that all established strategies and strategic the OTO Group, which saw a 3.2% year-on-year
policies are properly implemented. increase, and BTPN Syariah, which saw a 1.8% year-on-
year increase.
Comparison Between Realization and
Targets The gross NPL ratio was recorded at 2.59% (vs. 2.50%
The implementation of appropriate strategies and the previous year), an improvement compared to
policies has resulted in SMBC Indonesia’s strong 2.79% in the third quarter of 2025. SMBC Indonesia will
business performance amidst dynamic external consistently implement sound credit risk management.
conditions. In 2025, the Bank successfully recorded The industry average gross NPL ratio was recorded at
a 5.8% year-on-year (yoy) increase in consolidated 2.05% at the end of December 2025.
operating income to Rp18.4 trillion, supported by
an increase in net interest income and consolidated SMBC Indonesia recorded a consolidated net profit
income from the OTO Group. This was also supported after tax attributable to owners of the parent entity
by an increase in fees from commission income from of Rp506 billion for 2025. This result was primarily
bancassurance, insurance, investment products, credit influenced by increased credit provisions at the Bank
cards, and trade. and its multifinance subsidiaries due to additional credit
provisions resulting from a more intensive portfolio
Net interest margin (NIM) was maintained at 7.0% amid review by the parent company within the conglomerate
competitive lending rates, rising funding costs, and framework, which resulted in increased credit costs for
ongoing market volatility. Operating expenses were 2025. This provision represents a prudent response
recorded at Rp10.1 trillion, in line with the consolidation to weakening economic conditions in 2025. SMBC
of OTO Group operating expenses. Indonesia’s Consolidated Pre-Provision Operating Profit
increased by 5% from Rp8 trillion in December 2024 to
On a consolidated basis, SMBC Indonesia strengthened Rp8.4 trillion in December 2025.
its allowance for impairment losses (CKPN), particularly
at its subsidiary, the OTO Group. SMBC Indonesia In terms of fund collection, total third-party funds
considers this provision a prudent response to the increased 8% year-on-year to Rp131 trillion. Current
economic dynamics in 2025, as well as the efforts of Account & Savings Account (CASA) balances increased
the Financial Conglomerate Holding Company (FCHC) to by 17% annually to Rp53.2 trillion, bringing the Bank’s
implement prudent principles and maintain solid capital. CASA ratio up from 37.6% in December 2024 to 40.6%
in December 2025. Time deposits increased by 3%
annually to Rp77.8 trillion.
48 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 51
COMMITMENT TO SME DEVELOPMENT BUSINESS OUTLOOK
SMBC Indonesia continues to strive to fulfill its In 2026, the Government, through the 2026 State
commitment to empowering Micro, Small, and Medium Budget (APBN), targets economic growth of 5.4%. From
Enterprises (MSMEs) or Small and Medium Enterprises the banking sector’s perspective, a Bank Indonesia (BI)
(SMEs). To that end, the Bank implements a strategic survey indicates that outstanding credit is projected to
plan to meet the Macroprudential Inclusive Financing be higher at the end of 2026 than in 2025.
Ratio (RPIM) based on three established pillars, as
follows: This condition is supported, among other factors, by
favorable economic and monetary prospects and
1. Direct Financing & Supply Chain well-managed credit distribution risks. Bank Indonesia
Financing estimates that banking credit will grow by 8–12% in
• Scaling up micro and SME businesses by 2026.
improving existing services and product
offerings, as well as optimizing branch At the end of 2025, BI maintained the BI Rate at 4.75%,
networks. with the Deposit Facility and Lending Facility rates
• Providing loans to SME, Commercial, and at 3.75% and 5.50%, respectively. This is consistent
Corporate customers who distribute loans to with inflation forecasts for 2025 and 2026, which are
MSME supplier and buyer networks. expected to remain within the target range of 2.5±1%.
• Supply chain financing is conducted through
internal collaboration with the Wholesale However, BI also recognizes that global economic
Banking and Japanese Corporate segments. conditions will continue to slow in 2026. Global financial
• Providing loans to new target markets, namely, market uncertainty has also increased, primarily driven
mass SMEs digitally, through the SME Digital by the United States reciprocal tariff policy and the
platform (launched in the first quarter of 2022). escalation of geopolitical tensions. To support national
• Through the Pension Portfolio, providing loans economic performance, BI has set the direction of its
to low-income customers who meet the policy mix to focus on economic stability and growth
criteria for RPIM calculation. (pro-stability and growth).
2. Financing through Financial Institutions In line with potential developments in external
• Financing through Rural Banks (BPR) under a conditions in 2026, SMBC Indonesia has established
loan implementing scheme for MSMEs. several business focus areas. These include growing
• Financing through multi-finance companies credit while maintaining and improving credit cost
and peer-to-peer (P2P) platforms through a efficiency and NPL ratios, expanding the retail customer
loan channeling scheme. base by optimizing distribution channels, fostering
cross-Line of Business collaboration and strategic
3. Financing through Inclusive Financing partnerships with the market ecosystem, and optimizing
Securities (SBPI) synergies with subsidiaries and the SMBC Group.
Through the Treasury Department, SMBC Indonesia
explores the issuance or purchase of SBPI/bonds. The Bank also continues its CASA growth strategy
and increases fee-based income, including through
By implementing these initiatives, SMBC Indonesia foreign exchange (forex). Digital solutions and wealth
recorded an RPIM ratio of 30.8% for 2025. management are promoted through Jenius for retail
customers, while trade and cash management are
strengthened for corporate customers. In addition,
SMBC Indonesia continues to build transaction
capabilities, increase brand awareness, enhance
information technology capabilities, optimize costs, and
improve the capabilities and productivity of its human
resources.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 49
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Management Report
Board of Directors’ Report
In 2026, by leveraging the potential for economic and SMBC Indonesia’s GCG practices have exceeded the
banking industry credit growth, the Bank will accelerate minimum ACGS standards and positioned the Bank as
business growth and transformation and maximize one of the leading listed companies in Indonesia for
corporate value. SMBC Indonesia will adhere to four corporate governance implementation.
core policies: asset allocation focused on Return on
Assets (ROA), data-driven decision-making, sound bank External parties have also recognized the consistency
management, and synergy and collaboration. and quality of SMBC Indonesia’s GCG implementation.
One such recognition was the award as a “Top 50
Big Capitalization Public Listed Company” in the best
CORPORATE GOVERNANCE financial sector category at The 16th IICD Corporate
IMPLEMENTATION Governance Conference and Award, held on September
15, 2025. In addition, the Bank received the Annual
SMBC Indonesia is strongly committed to consistently Report Award 2024 as the 3rd winner in the Non-State-
and sustainably implementing the principles of Good Owned/Non-Regional-Owned Public Financial Sector
Corporate Governance (GCG) at all levels of the category for the quality and transparency of its 2024
organization and across the Bank’s business group. This Annual Report, awarded on December 8, 2025.
commitment is manifested through the adjustment and
refinement of the Corporate Governance Manual, the
Board of Directors and the Board of Commissioners’ IMPLEMENTATION OF CORPORATE SOCIAL
Manual, the Charters of Committees under the Board AND ENVIRONMENTAL RESPONSIBILITY
of Directors and the Board of Commissioners, as well
as other supporting policies and procedures that are In 2025, SMBC Indonesia continued to reaffirm its
reviewed periodically. commitment and role as a strategic partner to the
Bank’s stakeholders, providing innovative, responsible,
The Bank proactively aligns GCG implementation and sustainable financial services. As a bank with a
with developments in prevailing regulations, including global network, SMBC Indonesia leverages the strength
the latest provisions issued by the Financial Services of the SMBC Group’s reputation and extensive global
Authority (OJK) on governance for commercial banks. network to drive national economic growth under the
These adjustments are carried out to ensure that spirit of #BersamaLebihBermakna (Together, More
the Bank’s governance practices remain aligned with Meaningful), which reflects a commitment to fostering
regulatory standards and support prudent, transparent, collaboration and shared value. With this spirit, every
and accountable management of the Bank. step taken together with customers, employees, and
communities carries a broader, more meaningful impact.
As part of its commitment to continuously improving
the quality of GCG, SMBC Indonesia regularly conducts SMBC Indonesia’s commitment to sustainability is
assessments of its GCG implementation. Based realized through various initiatives and programs that
on a self-assessment of its corporate governance support the SMBC Group’s global goal of achieving
implementation, the Bank assigned itself a rating of 2 net-zero emissions by 2030 for operational activities
(Good) for governance implementation in the second and by 2050 for loan and investment portfolios. This
semester (as of December 31, 2025). sustainability commitment has been outlined in the
Sustainable Finance Action Plan (RAKB) as a structured
The implementation of GCG within SMBC Indonesia guideline for strategic plans and actions to strengthen
has also followed regional standards, which were sustainability governance, integrate Environmental,
assessed by an independent consultant using the Social, and Governance (ESG) principles into business
ASEAN Corporate Governance Scorecard (ACGS) as a activities, and expand the green financing portfolio
benchmark. Based on the 2025 assessment results, across environmentally friendly sectors. These
the Bank received a score of 107.15. This achievement achievements would not have been possible without the
places the Bank in the “Leadership in Corporate support and collaboration of various stakeholders.
Governance” category (Level 5,>100), reflecting that
50 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 53
In 2025, SMBC Indonesia strengthened its Sustainability with the SMBC Group. In addition, SMBC Indonesia has
Governance structure by restructuring a Sustainability strengthened environmentally friendly operational
Committee responsible for ensuring the implementation practices by utilizing renewable energy, including
of sustainability principles in accordance with global installing solar panels and using electric vehicles for
standards and regulatory directives, reporting to the senior management official transportation.
Vice President Director. The Bank further reinforced its
governance by establishing the Sustainability Business
Strategy Department. This dedicated unit supports the HUMAN RESOURCE DEVELOPMENT
Sustainability Committee in ensuring that sustainability
initiatives across each Line of Business (LOB) and In 2025, the Bank continued to focus on its key
relevant supporting functions are implemented in an initiatives to attract, develop, and retain talent through
integrated manner. the following programs:
From a financing perspective, SMBC Indonesia is 1. Organizational Development
committed to playing an active role by providing Organizational development aims to ensure that
sustainability-based financing instruments, including the Bank has adequate human resources with
ESG Deposits, which offer environmentally friendly the capabilities required to execute the Bank’s
investment options for customers; sustainability-linked strategy in talent development and internal
loans, which encourage companies to improve their succession planning. To implement this strategy,
sustainability performance; and green loans to support the Bank collaborates with SMBC Group on global
environmentally friendly projects such as renewable talent development initiatives and continues its
energy and sustainable infrastructure development. talent development programs through the SL-3
level. The Bank also continues its accelerated
In the social sector, SMBC Indonesia implements employee talent development program through
various empowerment initiatives, including Daya the Leadership Acceleration Development (LEAD)
(Empowerment Program). This program seeks to program. In line with collaborative learning initiatives
promote inclusive economic growth, enhance the with SMBC Group, as of September 2025, the Bank
competitiveness and advancement of MSMEs, had sent 10 (ten) employees to participate in the
strengthen financial literacy within communities, and SMBC Group’s global development programs in
improve public health capacity and services. Tokyo, Japan, and Singapore.
For employees, SMBC Indonesia continues to enhance 2. Learning & Development
employee welfare through the implementation of the To develop SMBC Indonesia talents, the Bank is
Company’s Employee Value Proposition (EVP). The Bank committed to the sustainable management and
manages human capital and fosters a work environment development of the quality of its human resources.
that supports personal and professional development, This commitment is implemented by enhancing
cross-cultural collaboration, structured career pathways, employees’ competencies in technical, non-
and an inclusive and growth-oriented workplace technical, and leadership areas. The Bank also
ecosystem. ensures prioritization and equitable distribution of
competency development opportunities across
SMBC Indonesia ensures the continuous enhancement employees. In 2025, to support the SMBC Indonesia
of employee capabilities through structured training conglomeration model, the Bank also focused
programs focused on sustainable competency on cross-entity learning program collaboration,
development. These initiatives are aligned with including BTPN Syariah and OTO & SOF.
evolving business needs and changes in the working
environment. 3. Implementation of Human Resources
Technology
The Bank’s environmental commitment is also In 2025, the Bank continued its human resources
demonstrated through the planting of 1,971 coffee digital transformation, including ongoing
trees in Garut, West Java, supported by employee enhancements to the Bank’s Human Resources
contributions under the “Berdaya untuk Bumi” Information System (HRIS). The Bank also
(Empowered for the Earth) program, in collaboration implemented automation initiatives to improve HR
business processes continuously.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 51
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Management Report
Board of Directors’ Report
4. Employee Engagement 2. Strengthening Cybersecurity
The Bank focused on strengthening employee This is implemented through the deployment
engagement through various programs, including of Extended Detection and Response (XDR)
the Employee Engagement Survey launched technology to accelerate threat detection and
in September 2025, the Employee Wellbeing response, as well as a Web Application Firewall to
program, and the Employer Branding program of protect web-based applications accessed via the
SMBC Indonesia, conducted in collaboration with internet.
SMBC Group and SMBC Indonesia subsidiaries.
3. Consolidation and Standardization of
5. Diversity, Equity & Inclusion (DE&I) Applications
The Diversity, Equity & Inclusion (DE&I) program The Bank successfully simplified operational
aims to create an inclusive working environment. In complexity by integrating digital banking service
2025, the Bank focused on collaboration with the monitoring systems, customer registration e-forms,
SMBC Group and its subsidiaries in Indonesia, as telephony systems, and anti-money laundering
well as on the design and implementation of DE&I systems.
programs that emphasize social impact and the
creation of a family-friendly workplace. 4. Core Banking System improvement
strategy
6. Rewards & Performance Management That is ready to enter the implementation phase in
The Bank continuously reviews employee 2026.
remuneration and benefits in line with prevailing
market conditions, enabling the formulation of 5. Improvement of Reporting Data Quality
competitive remuneration structures aligned with This was carried out through a comprehensive
the Bank’s strategic objectives. review of reporting processes, several of which have
been successfully improved, as well as through
the implementation of a data dictionary and data
INFORMATION TECHNOLOGY lineage management to strengthen governance
DEVELOPMENT and regulatory compliance.
Throughout 2025, SMBC Indonesia directed its IT Furthermore, we also strengthening Synergies within
development to support innovation across all lines of the Conglomeration through IT cost optimization, shared
business, provide customer-centric banking products, use of technology, and collective procurement and
and create growth opportunities for Indonesians. This negotiation processes to enhance bargaining power
strategy serves as an important foundation in realizing and efficiency through economies of scale at the group
our vision of delivering meaningful change in the lives level.
of millions of people, particularly through the support of
digital technology. These strategic initiatives reflect the Bank’s
commitment to continuous innovation, maintaining
The primary focus of IT development encompasses 5 security, and enhancing service quality, thereby
strategic areas: delivering added value to customers, shareholders, and
the wider community.
1. Enhancement of Strategic Capabilities
This includes the use of Generative Artificial
Intelligence (AI) technology for internal knowledge
management and customer service, as well as
the adoption of cloud computing to ensure the
readiness of infrastructure, business processes, and
organizational capabilities to support cloud-based
operations.
52 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 55
PERFORMANCE EVALUATION OF Accordingly, the composition of the Board of Directors
COMMITTEES UNDER THE BOARD OF as of December 31, 2025, and at the time of publication
DIRECTORS of this Annual Report is as follows:
To ensure the effectiveness of the Board of Directors’ Name Position
supporting functions, the Bank evaluated the
Henoch Munandar President Director
performance of the Committees under the Board of
Jun Saito Deputy President
Directors throughout 2025. Director
Michellina Laksmi Triwardhany Deputy President
The evaluation was carried out based on the alignment Director
of each committee’s duties and responsibilities with the Dini Herdini Compliance Director
established mandates. A self-assessment checklist was
Atsushi Hino Director
distributed to all committee members to complete and
Yuki Terayama Director
evaluate as a basis for the conclusion.
Merisa Darwis Director
Based on the evaluation conducted in 2025, 4 (four), Hanna Tantani Director
out of the 10 (ten) Committees under the Board of
Directors were assessed as fully meeting expectations.
Meanwhile, 6 (six) other committees were assessed as APPRECIATION FOR STAKEHOLDERS
generally meeting expectations. The Board of Directors
will review and follow up on the performance of The Board of Directors expresses its appreciation
committees that have not yet achieved optimal scores and gratitude to the Board of Commissioners and the
to encourage improvements in the effectiveness of their Shareholders for their guidance, support, and trust in
functions going forward. the management of the Bank’s business activities.
The Board of Directors also conveys its appreciation
to the regulators for their guidance and supervision, as
CHANGES IN THE COMPOSITION OF THE well as to all customers, business partners, and other
BOARD OF DIRECTORS AND THE REASONS stakeholders for their support and cooperation.
THEREFOR
The highest appreciation is extended to all employees
The term of office of the members of the Board of of SMBC Indonesia for their dedication, professionalism,
Directors ended at the Annual General Meeting of and contributions in supporting the Bank’s performance
Shareholders (AGMS) held in 2025. Through the AGMS throughout 2025. The Board of Directors hopes that
on April 22, 2025, all members of the Board of Directors synergy and collaboration with all stakeholders will
were reappointed, except for Darmadi Sutanto, Kaoru continue and be strengthened in the future.
Furuya, and Keishi Kobata. The AGMS appointed 3
(three) new members of the Board of Directors, namely:
1. Jun Saito as Deputy President Director
2. Michellina Laksmi Triwardhany as Deputy President
Director
3. Yuki Terayama as Director
Jakarta, March 31st 2026
On behalf of the Board of Directors,
Henoch Munandar
President Director
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 53
Page 56
Management Report
The Board
of Directors
Dini Herdini Henoch Munandar
Compliance Director President Director
Yuki Terayama Merisa Darwis
Director Director
54 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 57
Michellina Laksmi Triwardhany Hanna Tantani
Deputy President Director Director
Jun Saito Atsushi Hino
Deputy President Director Director
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 55
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Management Report
Board
of Management
Wiwig Anke Irwan Sutjipto Mira Fitria
Santoso Subandy Tisnabudi Head of
Head of Head of Head of Human Resources
Treasury Internal Audit Digital Banking
56 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 59
Nathan Sendiaty Helena Purnomo B. Jeffrey C.
Christianto Sondy SE Head of Wealth Soetadi Tjoeng
Head of Wholesale, Head of Risk Management Head of Retail Head of Business
Commercial & Management Business and Network Lending Business Banking
Transaction Banking & Distribution
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 57
Page 60
Management
Laporan Manajemen
Report
Executive
Pejabat
Officers
Eksekutif
58 2025 ANNUAL
LAPORAN TAHUNAN 2025 PT BANK SMBC INDONESIA TBK
REPORT
Page 61
2025 ANNUAL
LAPORAN TAHUNAN 2025
REPORT PT BANK SMBC
PT BANK INDONESIA
SMBC TBKTBK
INDONESIA 59
Page 62
Management
Laporan Manajemen
Report
Executive
Pejabat Eksekutif
Officers
60 2025 ANNUAL
LAPORAN TAHUNAN 2025 PT BANK SMBC INDONESIA TBK
REPORT
Page 63
2025 ANNUAL
LAPORAN TAHUNAN 2025
REPORT PT BANK SMBC
PT BANK INDONESIA
SMBC TBKTBK
INDONESIA 61
Page 64
Management Report
Statement Letter of The Board of
Commissioners and Board of Directors
Regarding Responsibility for
The 2025 Annual Report
of PT Bank SMBC Indonesia Tbk
We, the undersigned, declare that all information contained in the 2025 Annual Report of PT Bank SMBC Indonesia
Tbk has been presented in their entirety, and that we assume full responsibility for the accuracy of the contents of the
Annual Report of PT Bank SMBC Indonesia Tbk.
This statement is made truthfully.
Jakarta, 31 March 2026
BOARD OF COMMISSIONERS
Chow Ying Hoong
President Commissioner
Takeshi Kimoto Ninik Herlani Masli Ridhwan Onny Widjanarko
Commissioner Independent Commissioner Independent Commissioner
Kusumaningtuti Sandriharmy Soetiono Marita Alisjahbana
Independent Commissioner Independent Commissioner
62 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 65
BOARD OF DIRECTORS
Henoch Munandar
President Director
Jun Saito Michellina Laksmi Triwardhany
Deputy President Director Deputy President Director
Dini Herdini Atsushi Hino Yuki Terayama
Compliance Director Director Director
Merisa Darwis Hanna Tantani
Director Director
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 63
Page 66
Company Profile 64 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 67
Company
Profile
General Information 66
Brief History of The Company 67
Milestones 68
Line of Business 72
Products and Services 73
Visi dan Misi 74
Main Values 75
Organizational Structure 76
Profile of the Board of Commissioners 80
Profile of the Board of Directors 86
Change in Composition of the Board of Commissioners
and Board of Directors 94
Profile of Executive Officers 95
Employee Statistics 98
Ultimate and Controlling Shareholder 100
Ultimate Shareholders 101
Controlling Shareholders 102
List of Subsidiaries 105
Areas of Operation 106
Membership in Associations 109
Chronology of Shares Listing 109
Chronology of Other Securities Listing 110
Public Accounting Firm 2025 110
Name and Address of Capital Market and/or 111
Supporting Institutions
Information on Company Website 112
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 65
Page 68
Company Profile
General
Information
Name of Company Authorized Capital
PT Bank SMBC Indonesia Tbk Rp300,000,000,000
(SMBC Indonesia)
Issued and Fully Paid-Up Capital
Rp212,918,914,960
Name of Stock Exchange and Date of
Listing
Information on Changes of Company Indonesia Stock Exchange
12 March 2008
Name
• 1958: Initial name was Bank Pegawai Stock Code
Pensiunan Militer (Bapemil)
• 1985: Bapemil was changed to PT Bank BTPN
Tabungan Pensiunan Nasional
• 2019: PT Bank Pensiunan Nasional Tbk ISIN Code
was changed to PT BANK BTPN Tbk
101000118508
• 2024: PT BANK BTPN Tbk was changed to
PT Bank SMBC Indonesia Tbk
Line of Business
Banking Services
Date of Establishment Shareholder Composition
5 February 1958 • Sumitomo Mitsui Banking Corporation (91.05%)
• PT Bank Central Asia Tbk (1.03%)
Rating (Fitch) • PT Bank Negara Indonesia (Persero) Tbk (0.11%)
• Rating by PT Fitch Ratings Indonesia AAA • Public (<5%) (7.81%)
(idn), stable outlook and F1+ (idn)
• Rating by PEFINDO idAAA (triple A, Stable
Outlook)
Legal Basis of Establishment Head Office Address
PT Bank SMBC Indonesia Tbk (SMBC Menara SMBC
Indonesia) was established based on Notarial CBD Mega Kuningan
Deed No. 21 dated 6 October 1959 from Jl. Dr. Ide Anak Agung Gde Agung, Kav. 5.5-5.6
Notary Noezar S.H. This deed was amended South Jakarta 12950, Indonesia
as contained in Deed of 31 May 1960 No. Telephone : +62 21 300 26 200
203 and Deed of 7 November 1960 No. 53 Fax : +62 21 300 26 309
of Notary Noezar S.H., and was announced in
the State Journal of the Republic of Indonesia
Website and E-mail
dated 14 February 1961 No. 13, Supplement
No. 5. www.smbci.com
info@smbci.com
smbcicare@smbci.com
66 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 69
Brief History
of The Company
PT Bank SMBC Indonesia Tbk (“SMBC Indonesia” or INFORMATION ON CHANGES OF THE
“Bank”) – previously known as PT Bank BTPN Tbk (Bank COMPANY NAME
BTPN) – established in 1958 in Bandung, West Java by
the name of Bank Pegawai Pensiunan Militer (Bapemil). The first name used in 1958 was Bank Pegawai
Subsequently, the Bank transformed into PT Bank Pensiunan Militer (Bapemil). The Bank had subsequent
Tabungan Pensiunan Nasional in 1985. changes in name:
• Bapemil transformed to become PT Bank Tabungan
In 2008, the Bank became a public company following Pensiunan Nasional with a business permit as a
the acquisition of the Bank’s 71.6% shares by TPG Savings Bank in order to comply with Law No. 14 of
Nusantara S.a.r.l. through an Initial Public Offering Year 1967 regarding Banking Principles applicable at
(IPO) shares purchase on the Jakarta Stock Exchange, the time.
currently the Indonesia Stock Exchange (IDX). • Upon the official merger with PT Bank Sumitomo
Furthermore, the Bank expanded its business by serving Mitsui Indonesia, the name PT Bank Tabungan
micro and small customers in 2009. Pensiunan Nasional Tbk was altered into PT Bank
BTPN Tbk.
In 2011, the Bank gave birth to Daya, a sustainable • In the year 2024, the Bank changed its name to
empowerment program that became an integral part PT Bank SMBC Indonesia Tbk. This change was
of the company’s business activities, and launched a effective as of 2 October 2024. The approval on this
financing business, namely Sinaya (empowering light). name change was obtained from the Extraordinary
General Meeting of Shareholders (GMS) dated
SMBC Indonesia kept expanding. In 2013, the Bank 29 August 2024, as stated in Deed No. 43 of 29
acquired PT Bank Sahabat Purba Danarta (Bank August 2024 made before Notary Ashoya Ratam,
Sahabat) and spanned off its sharia business unit into a S.H., M.Kn and approved by the Minister of Law
subsidiary, PT Bank BTPN Syariah, in 2014. and Human Rights of the Republic of Indonesia
through the Ministerial Decree of Minister of Law
In 2016, SMBC Indonesia launched Jenius, Indonesia’s and Human Rights of the Republic of Indonesia No.
first digital banking service, allowing customers to AHU-0054625.AH.01.02.TAHUN 2024 regarding
connect their accounts to the bank using only their the Approval on the Amendment of the Articles
smartphones and conduct various banking transactions. of Association of Public Company PT Bank SMBC
Indonesia Tbk dated 29 August 2024, as well
The Bank merged with PT Bank Sumitomo Mitsui as from the Financial Services Authority (“OJK”)
Indonesia (BSMI) effective 1 February 2019 and through letter No. S-195/PB.31/2024 dated 24
increased its business portfolio in the corporate September 2024 on Plans to Change the Logo of
segment to become a universal bank. Thus, the Bank PT BANK BTPN Tbk, and the Decree of Members
not only serves retail customers, but also corporate of the OJK Board of Commissioners No. KEP-
customers. 73/D.03/2024 dated 25 September 2024 on the
Decision for the Use of the Business License in the
In the year 2024, the Bank again recorded its history Name of PT Bank BTPN Tbk to the name of PT Bank
through two extensive events, namely the acquisition SMBC Indonesia Tbk.
of the OTO Group that supplies financing for two-wheel
and four-wheel vehicles in Indonesia, and transformed
the brand from Bank BTPN to SMBC Indonesia.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 67
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Company Profile
Milestones
1958-
1985 2008 2009 2010
• The Bank was In 2008, TPG Nusantara • The Bank launched a micro and The Bank’s asset value
established in Bandung, S.a.r.l. acquisitioned small-scale business venture grew to Rp34.5 trillion
West Java, with the 71.6% of the Bank’s (UMK) with BTPN Mitra Usaha compared to Rp13.7
name of Bank Pegawai shares on the Indonesia Rakyat. trillion two years earlier.
Pensiunan Militer Stock Exchange. The It became the 10th
(Bapemil). Bank became a public • The Bank issued the first long- biggest bank in the
bank with an asset value term rupiah bonds, with A+ rating capital market, as well
• In 1960, the Bank of Rp13.7 trillion. (National Scale Rating) from Fitch as ranked in 5th in the
obtained the permit as a Ratings and obtained a long-term number of branches and
commercial bank. loan facility in rupiah currency 6th in the number of
from International Finance employees.
• In 1985, the Bank Corporation, a subsidiary of the
changed its name to World Bank.
PT Bank Tabungan
Pensiunan Nasional.
2014 2015 2016 2017
Japan’s Sumitomo Mitsui The bank expanded • On February 16, 2016, the Bank The Bank expanded the mobile
Banking Corporation its BTPN Wow! began to operate as a foreign banking application features
(SMBC) increased its network to 21,000 exchange bank after obtaining of BTPN Wow! and Jenius to
shares ownership in the agents in remote the permit in December 2015, develop the customer base and
Bank and became the areas and villages, which allowed the Bank to increase banking transactions.
controlling shareholder primarily in Java and carry out transactions in foreign The focus on customer-centric
with ownership of Sumatra. currencies and became more from the two mobile banking
40.0%. SMBC was the flexible to start offering liability services has brought about
second biggest bank savings products in foreign significant changes on customer
in Japan based on currencies. experience and impacted
market value with assets the Support Unit operations.
totaling to US$1.3 trillion. • Jenius, the second mobile The transformation known
phone platform was launched. as “Gemilang” covered the
The cellular telephone service Bank’s organizational structure,
of Jenius uses smart phones to technology, human resources
connect customer’s account and risk control. The Bank’s
with the Bank and conduct branch network underwent quite
banking transactions. Until a major transformation where all
December 2016, Jenius had branches were able to provide
some 70,000 followers in the banking services to all customer
soial media and watched by segments.
more than 3 million viewers on
YouTube.
68 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 71
2011 2012 2013
• The Bank launched Daya, a • BTPN Syariah – Tunas Usaha Rakyat • BTPN Syariah Financing – Tunas
sustainable mass-market rapidly grew until the end of the year Usaha Rakyat doubled its growth
empowerment program and serving 28,927 community centers in to reach about Rp4 trillion and
became an integral part of Banten, West Java and East Java, and contributed 3% of the Bank’s total
the Bank’s business activities. empowered 444,000 customers in the credit. The Syariah Business Unit
The Financing Business community center. Network reached 69,500 centers
introduced the brand of throughout the archipelago, and
Sinaya (Empowering Light) • The Bank completed a pilot program empowered more than 931,500
which relates to Daya’s for it new mobile banking service: BTPN customers in the rural areas.
initiative. Wow!. This program was launched a year
later in 2013. BTPN Wow! is a banking • The Bank acquisitioned PT Bank
• Completed the trial run of service for the mass market that utilizes Sahabat Purba Danarta (Bank
Sharia Community Banking mobile phones and is supported by agent Sahabat) which was converted to
business (BTPN Syariah – services as an extension of the Bank to become a sharia bank before the
Tunas Usaha Rakyat). increase service reach to communities Bank separated the sharia unit into a
that have previously been untouched new entity in 2014.
• The Bank expanded its ATM by banking services. Among the doable
service network with Prima transactions in this app are deposits, cash • Sumitomo Mitsui Banking Corporation
ATM network in addition to withdrawals, fund transfers, bill payments (SMBC) from Japan owns 24.3% of
the existing Bersama ATM and micro-credit applications and the Bak’s shares through a sares
network. The total connected purchases of micro-insurance products. purchase previously owned by
network reached more TPG Nusantara S.a.r.l. and other
than 57,331 ATM throughout shareholders.
Indonesia.
2018 2019 2020 2021
The Bank succeeded in completing The Bank officially merged The Bank launched • The Bank provided green
two important corporate actions. with BSMI to become SINAYA PRIORITAS loan facilities worth
The first, the initial public offering Bank BTPN on February and collaborated Rp1.06 trillion to PT
(IPO) of BTPN Syariah, a subsidiary 1. This business merger with Jenius that Kepland Investama as
with the majority share ownership. strengthened the Bank’s launched Sinaya a form of commitment
Secondly, the merger process of capability, as a universal Prioritas Apps. on sustainable financing.
Bank BTPN and PT Bank Sumitomo bank, to provide a more This green loan facility in
Mitsui Indonesia (BSMI). From this comprehensive banking rupiah currency was one
merger, the Bank was able to offer a service to a wider customer of the first available in
wider range of financial services to base a universal bank. Indonesia market.
the entire spectrum of customers,
starting from individual customers • Throughout the year
to corporate customers, which 2021, Bank BTPN
included large corporations to micro received 19 awards from
businesses and communities in external parties, as proof
the rural areas. Results from this and acknowledgement
Gemilang project carried out a year of stakeholders towards
earlier as well as the mobile banking the Bank’s performance.
platforms, BTPN Wow! and Jenius
began to be enjoyed a year later.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 69
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Company Profile
Milestones
2022 2023
• The Bank received the title as “The Best Contact Center • The Bank and International Finance Corporation
Indonesia 2022” by Indonesia Contact Center Association (IFC) collaborated on a social and green bond deal
(ICCA), and at the same time acknowledged by the to strengthen climate action and promote inclusive
international organization of Contact Center Association of development in Indonesia.
Asia Pacific (CC-APAC). The Bank was in the top best 10 by
winning 14 awards including three Platinums, three Golds, • In the Extraordinary General Meeting of Shareholders
three Silvers, and five Bronzes. (EGMS) of 7 December 2023, the shareholders officially
approved the plan to withdraw the Company’s shares
• The Bank received LPS Banking Awards 2022 from from the buyback (“Treasury Stock”) and the plan to
Lembaga Penjamin Simpanan/LPS (Deposit Insurance Increase Capital by Providing Pre-emptive Rights II
Corporation). SMBC Indonesia Bank received the award (PMHMETD II”) or Right Issue II.
as “The Best Bank in Delivering Information on Deposit
Insurance Program” from the private bank group. • The Bank again received a Platinum rating from the “Asia
Sustainability Reporting Rating (ASRRAT) 2023.” This
• The “Best Corporate Emission Reduction and Calculation was the third year the Bank received this highest rating
Transparency Award 2022” by Investor magazine: The consecutively in the four years of participation in this
Bank received the award for “Transparency of Corporate event.
Emission Reduction in the Green Category of Issuers
Sector” and “Transparency in Emission Calculation in the • The Bank received two awards for category Sustainable
Platinum Category of Issuers Sector.” Finance 2022, namely with the “Best Green Loan” ad
the “Best Local Currency Green Loan,” during the “Triple
• The Bank received the award for “Indonesian Sustainable A Country Awards 2022” held by The Asset in Hong
Development Awards 2022” from the Corporate Kong. SMBCI Bank was awarded with the “Best Green
Forum for CSR Development (CFCD). The Bank was Loan” through the US$750 million of green financing
the only bank that participated in this award event and program to PT Perusahaan Listrik Negara/PLN (State
obtained Gold Award as it was assessed to be successful Electricity Company) in December 2022 for supporting
in implementing programs that contribute to the PLN’s activities in the transitional effort from energy to
acceleration of the 17 Sustainable Development Goals renewable energy. In the meantime, the Bank received
(SDGs). the award for the “Best Local Currency Green Loan” in
providing the Rp1.06 trillion green financing facility to PT
Kepland investama since October 2021.
70 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 73
2024 2025
• The Bank acquisitioned the • The Bank officially launched the transformation of six main branches from February
OTO Group, provider of two- through March in Surabaya, Bandung, Yogyakarta, Semarang, and Makassar. The
wheel and four-wheel vehicle comprehensive branch transformation was part of a strategic step following the
financing in Indonesia, as an rebranding. The Bank, which previously served a specific customer segment, is now
effort to serving more for the integrating its products and services into every branch office across the country to
Indonesian public. meet the needs of all customers.
• Bank BTPN’s trademark • SMBC Indonesia’s Jenius, again, launched two new innovations, Cash Cow and Pay
transformed into SMBC & Save, to meet the needs of a digitally savvy society that is increasingly dynamic,
Indonesia in response to intelligent, and integrated between daily transaction needs and growing savings.
market dynamics and
portfolio that continued • SMBC Indonesia’s Annual General Meeting of Shareholders (AGMS) approved the
to expand for a more appointment of Michellina Laksmi Triwardhany as Deputy President Director, replacing
meaningful growth. Darmadi Sutanto; Jun Saito as Deputy President Director, replacing Kaoru Furuya;
and Yuki Terayama as Director, replacing Keishi Kobata. The AGMS announced the
new composition of the Board of Directors and Board of Commissioners, and decided
to distribute the Bank’s net profit for the fiscal year ending December 31, 2024, to
shareholders in the form of cash dividends. The shareholders also approved changes
to the Board of Commissioners, accepting the wishes of Edmund Tondobala and
Ongki Wanadjati Dana not to be reappointed as Independent Commissioner and
Commissioner, while also appointing Kusumaningtuti Sandriharmy Soetiono as
Independent Commissioner.
• The Bank, through its Daya program, presented three local coffee brands from
producers and processors Kata & Rasa, Delawa Coffee, and Kopi Lasi, at the Amsterdam
Coffee Festival 2025 on April 3-5, 2025, to introduce authentic Indonesian coffee
flavors.
• The Bank, through its Daya program, affirmed its commitment to environmental
preservation through the BerDaya untuk Bumi (Power for Earth) Program by planting
1,971 trees in Lembang Village, Leles District, Garut Regency, West Java. The BerDaya
untuk Bumi program encouraged employees of SMBC Indonesia and its subsidiaries,
the OTO Group and BTPN Syariah, to contribute through walking and running activities.
The program aims to empower local coffee farmers with crops that can provide
economic value, as well as support biodiversity conservation efforts that include
ecosystem protection, habitat restoration, and collaboration with stakeholders in order
to maintain the sustainability of natural resources in Garut.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 71
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Company Profile
Line of
Business
Line of Business According to the Articles 7. Carry out custody activities for the benefit of
of Association other parties based on contract letters and/or
A. Main Business Activities agreements;
1. Collect funds from the public in the form of 8. Place funds from one customer to another in
savings including current account, time deposit, the form of securities, both listed and unlisted
certificate of deposit, savings and/or other on the Stock Exchange;
forms equivalent to the above, both in Rupiah 9. Purchase collaterals through auction or by
and foreign currencies; other means, either in whole or in part, in the
2. Distribute funds collected from the public in event that the debtor does not fulfill obligations
the form of credit, whether long-term, medium to the Bank, with the provision that purchased
term or short-term, or loans in the forms collaterals must be disbursed as soon as
commonly provided in the banking world, possible;
either in rupiah or foreign currencies. 10. Carry out factoring activities, credit card
business and trustee activities;
B. Supporting Business Activities 11. Capital participation in banks that carry out
1. Issue letters of debt acknowledgment; business activities based on sharia principles,
2. Buy, sell or guarantee at own risk as well in accordance with the provisions stipulated by
as for the interest and on the instruction of the authorized agency in the banking sector;
customers: 12. Carry out activities in foreign currencies by
a. Money order, including money order complying to provisions setforth by the
accepted by the bank whose validity authorized party;
period is no longer than what is customary 13. Carry out capital participation activities
in such securities trading; in banks (including sharia banks) or other
b. Letters of debt acknowledgement and companies in the financial sector such as
other commercial papers whose validity leasing, venture capital, securities companies,
period is no longer than what is customary insurance, as well as clearing, settlement
in such securities trading; and storage institutions, by complying to the
c. State treasury papers and government provisions setforth by the authorized party;
guarantee letters; 14. Carry out capital investment activities to
d. Bank Indonesia Certificates (SBI); overcome the consequences of credit failures,
e. Bonds; with the condition that the investment must be
f. Trade and/or promissory notes with a term withdrawn in accordance with the provisions
of up to 1 (one) year; stipulated by the Financial Services Authority;
g. Other securities instruments with a term of 15. Act as founder of the pension fund and the
up to 1 (one) year; manager of the pension fund in accordance
3. Transfer funds, either for one’s own benefit or with the provisions of the regulations;
for the benefit of customers; 16. Issue letter of credit in various forms and bank
4. Place funds on, borrow funds from, or lend guarantees;
funds to other banks, both by use of letters, 17. Perform other activities commonly carried out
telecommunication media as well as bearer of by banks as long as they do not conflict with
money order, check or other means; statutory regulations.
5. Receive payments from billings on securities
and make calculations with or between third Line of Business Performed in the Fiscal
parties; Year
6. Provide the place to store goods and securities; The fields of business carried out during the fiscal year
were in accordance with those stated in the latest
Articles of Association.
72 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 75
Products and
Services
3. Financing Products: Current
Corporate/Wholesale Banking Wealth Management Business Account, Business Savings,
Business Deposit
Hedging Products • Sinaya Savings (Rupiah, Foreign 4. Transfer (BIFAST, RTOL, SKN, RTGS)
IRS/CCS and foreign exchange Currency, Business) 5. Billing Salary (Payroll)
transactions • Time Deposit (Rupiah, Foreign 6. Billing Payment (e-wallet top up,
Currency, Fleksi, On Call) telephone, electricity)
• Mutual Funds 7. Ordering of document books
Loan Products
• Bancassurance (checks and current account bills)
• Bilateral, Syndication Loans & Agency
• Government Bonds 8. Soft token access for transaction
Services (IDR, USD, EUR dan, JPY)
• ATM/Debit Card authorization
• Work Capital Credit
• Safe Deposit Box 9. Information on Current Account &
• Investment Credit
• Sinaya Priority Services Loan
• Project/Structured Finance
• ECA 10. History of transactions and proof
• Green/Social Loan of electronic transactions
Retail Lending Business 11. Consolidated Account Report
• Sustainability-Linked Loan
• Other Credits 12. Notification and Reminder
Pension Business 13. Account Management: User
• Pension Credit/Loan Access Management & Approval
Financing Products • Pre-Retirement Credit/Loan Matrix
• ESG Deposit
• Active Employee Loan
• Citra Pension Savings
Custody & Securities Services Transaction Banking &
• Core Custody Supply Chain
Micro Business
1. Securities Account Administration
• People’s Business Credit/Loan Cash & Digital Solution
2. Securities Depository
• Business Partner Savings • Current Account & Term Deposit
3. Securities Transaction Settlement
• Micro Maxi Loan (secured loan): • Money Transfer (SKN/RTGS, BI-FAST,
4. Corporate Action Processing and
1. Current Account Loans Payroll, Overbooking, Telegraphic
Income Collection
2. Term Installment Loans Transfer)
5. Confirmation and Reporting
3. Term Loans • Receive Funds (SKN/RTGS, BI-FAST,
• Micro Flexicash Digital Loans Telegraphic Transfer, Cheque/Cash
• Fund Administration
(Unsecured loan): Deposit)
1. Fund Accounting
1. Term Installment Loans • e-Tax Payment
2. Transfer Agent
• Virtual Account
Joint Finance • Internet Banking
Jenius • Joint Financing • Host to Host (SFTP)
1. Motor Vehicle Credit (KKB) • Open API SNAP
• Jenius application with biometric 2. Medical Devices • Liquidity Management (Domestic
based customer verification 3. Durable Goods Cash Pooling, Auto TD Placement,
• Savings (Flexi Saver, Dream Saver & 4. Multipurpose Cross Border Pooling)
Foreign Currency) • Chanelling • Auto Debit
• Deposit (Maxi Saver) 1. Short term loan
• Bill Payment (tenor max 1 month)
• ATM Card/Jenius Debit
Trade
2. Medium term loan • Import & Export Letter of Credit &
• Transfer (BIFAST, RTOL, SKN, RTGS & (tenor max 12 month) SKBDN
Remittance) 3. Long term loan • Import & Export Bill Collection
• e-Wallet Top Up (tenor max 60 month) • Import & Export Documentary
• Loan (Flexicash, Buy Now Pay Later &
Collection
Credit Card)
Business Banking • Bank Guarantee & SBLC & Counter
• Jenius Pay
Guarantee
• Jenius QRIS
• Basic/Generic Products • Trade Loan & TR
• Jenius for Business
1. PRK (Current Account Loan) • Foreign Bills Bought & Forfaiting
• Bisniskit by Jenius
2. PB (Term Loan) • Account Receivable Purchase
• Moneytory
3. PAB (Term Installment Loan) • Import Avalization & LC Confirmation
• Sinaya Prioritas in Jenius Application
• ABF (Asset Based Financing) • BL Endorsement & Shipping
• Jenius Application for SMBCI retail
• BPR Financing Guarantee
business line (Jenius as a Platform)
• Mutual Funds • Business Current Account
• Lifeboat Life Insurance with Allianz • Mitra Current Account Supply Chain
• Karya Current Account • Supply Chain Financing (Distributor
• TOUCHBIZ Platform (Application Financing/ Supplier Financing)
Treasury Mobile & Web): • Contract Financing
1. Customer online registration and
• Foreign Exchange activation
• Derivative 2. TOUCHBIZ Application wiwth
• Money Market biometric-based Customer
• Fixed Income verification
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 73
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Company Profile
VISION
To become the first choice bank in
Indonesia, which may significantly change
the life of millions of people, mainly with
the support of digital technology.
MISSION
• To offer complete financial solutions and services to such various
segments as retail, micro, SME, and corporate business in
Indonesia, as well as the overall Indonesian Nation and Country;
• To provide valuable opportunity for the professional
development of SMBC Indonesia employees;
• To create significant and sustainable values for the stakeholders
including the Indonesian society;
• To take advantage of technological innovation as the main
differentiator to provide the best quality and experience in its
class to customers and partners of SMBC Indonesia.
• To become a unique universal bank that contributes to
Indonesia’s economic growth
About Vision and Mission
The fundamental basis of the integration of the Bank’s Vision and Mission is to serve the customers of SMBC Indonesia
in the best manner to achieve their objectives and aspirations to grow together more meaningfully and provide
positive impact on Indonesia’s society. For this reason, the Bank will be a reliable and trustworthy partner,
capable of understanding and effectively fulfilling the growing financial needs of the customers.
Vision and Mission are set upon review by the Board of Commissioners and the Board of Directors.
74 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 77
Main
Values
The values we adopt are guidelines for us to carry out our business.
There are 5 (five) values as described below:
Integrity
01 As professionals, always act
sincerely with high ethical
standards.
Customer First
02 Always view from the customers’
perspective to deliver added value.
Proactive & Innovative
03 Have the courage to incessantly
act and innovate.
Speed & Quality
04 Command speed and quality from
decision-making as well as provide
services as differentiating factors.
Synergy
05 Collaborate as one team within the
financial conglomerate of SMBC
Indonesia.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 75
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Company Profile
Organizational
Structure
Board of Directors
Asset and Liability Information Technology Credit Human Resources Sustainability
Committee (ALCO) Steering Committe Committee Committee Committee
Credit Policy Non-Financial Risk Risk Management Fraud Integrated Risk
Committee Management Committee Committee Committee Management Committee
Deputy President Director 1
Jun Saito
Operational
Corporate Legal and Finance and
Treasury and
Banking Compliance Planning
Director Technology
Japanese Dire Director Director
Yuki Terayama Director
Atsushi Hino Dini Herdini Hanna Tantani
Merisa Darwis
Head of
Head of Wholesale,
Business Head of
Commercial &
Banking Treasury
Transaction
Jeffrey Banking Wiwig Wahyu
Cheanandro Santoso
Ir. Nathan
Tjoeng Christianto
Wholesale
Chief Strategy Corporate Treasury ALM & Shared Services IT Data
Business Banking Group AML & CFT Financial
Officer Office Banking 2 Planning Operations Management
Banking Digital Moses Ronald Hari S. Yuliastuti Planning &
- Kohei Suwa So Hirahara Ridwan Nugraha Jufri
Charles Anthony Supardi Performance
Bunaidi Elsa A. Setyadi
Sustainable Wholesale Corporate Treasury Operations IT Corporate
Business Banking Banking 3 Trading 1 Transactions Banking Compliance
Strategy Business Business Karinda Listyani Rhendy S. Center Enablement Butet S. Sitepu
Yuki Katsuhara Banking Credit Planning Rachmana Zoro Arif M. Fatwaddin Akihiro Financial Control
Risk Ahmad Z. Nishimura Arif Suseno
Ririn Rianti Hendarman Corporate Treasury Corporate
Reporting,
Banking 4 Trading 2 Settlement Secretary
Naoki Takeshita - IT Retail Banking Eneng Y. Andriani
SME & Access Tax
Structured & Corporate
Margaretha P. Management Management
Finance Functions
Santosa Puri A. Agustinar Kamaluddin
Adityo Haryono Corporate Treasury Enablement
Andi F. Cahyo General Counsel
Banking 5 Marketing 1
Argo Wibowo Finance Risk
Hideakki Asatsu Slamet Riyadi Operations
Business Syndications & Control &
Banking Cross Development IT Digital
ESG Solutions Governance
Collaboration Radhar H. Service
Denti I. Irman Corporate Treasury Communications Lia Asoka
Takeshi Handajani Enablement
Banking 6 Marketing 2 & Daya
Nishimura Hilman S. Gumay Dadang Suryana Joko Kurniawan Andrie Darusman Retail Banking
Commercial Strategic and Operations
Banking & WFB Planning IT Governance & Technology
Business Warni KYC Operations
Banking Management AML Group Business
Onboarding Control
Governance, Akira Kuwata Governance Finance
Virni Anggia Joko
Process & Transaction Nezu Emiri Hendra Gunawan
Septiranti
Middle Office Banking &
Novri Irza Supply Chain Corporate IT Transaction Anti Financial
Hidayatullah Jevan Purnawan Banking Business Management Crime
Planning Iman Triono Heru Rustanto,
Business Chandra M. Mudjib SE
Banking
Strategy Corporate
Anita Natalia Digital Banking
Banking Loan
Solution
Reviewer
Business -
Riyanthi Annisaa
Banking Product
& Program Corporate
Ngo Yuliana Banking Credit
Analyst
Business Fifi
Banking
Remedial
Dicky Deniawan Corporate Credit
Middle Office
Hendra K. Jati
Corporate
Banking Solution
Wibowo
Kurinawan
76 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 79
GENERAL MEETING Board of Commissioners
OF SHAREHOLDERS (GMS)
Audit Committee
Risk Monitoring Committee
Remuneration and Nomination Committee
President Director
Henoch Munandar Integrated Governance Committee
Deputy President Director 2
Michellina Laksmi Triwardhany
Head of Wealth
Head of Retail
Head of Risk Management Head of Digital
Head of Human Head of Internal Lending
Management Business Banking
Resources Audit Business
Sendiaty Sondy & Network Irwan Sutjipto
Mira Fitria Anke Subandy Purnomo B. Distribution
SE. Tisnabudi
Soetadi Helena
Portfolio
Strategic HR Pension Business Sales Branch Service Jenius Business
Credit Audit Management &
Management Retail Banking RLB Management WMB Distribution Stream
Dessy Natalia Policy
Denty Avianty Risk - Rudyanto Kemal Enrico Novian Anita Ekasari
Wahyu Nugroho
-
HRBP Digital Banking
IT, Digital Banking Operational Risk Micro Business & Liabilities & Digital Customer Contact
Corporate Banking Platform
& Analytics Audit Management Joint Finance Management WMB Center
Deni Yudi Enablement
Willy J. Widjaja - Retail Banking Ari Purnomo Elvie Iskandar Bambang J. Susilo
Syahputra Frenky Guslove
Strategy &
HRBP Retail Operations Market & Planning Customer Digital Banking
Erliana Tandoko; Wealth Product Customer
Banking Audit Liquidity Risk Experience Product &
Jacqueline Management WMB Experience
Debbie G. Stefanus R. Management Management RLB Innovation
Wirawan Aegeus H. Soewito Ayudia I. Binarso
Retnoningsih Kristianto Deni - Febri
HRBP Support Wealth Digital Banking
Integrated Risk Sales Management Customer Operation
Functions & Talent Management Business
Management & Capability RLB Experience WMB Excellence
Acquisition & Corporate Performance &
Keisuke Heima Alfin Mufianto Sanny Kumalasari Fajar Septianto
Mirna R. Harahap Functions Audit Customer Value
Bernanta B. Management
Danardana Sales Distribution Salvy Gunawan
HR Shared Cyber Security Digital & Business Network
WMB & National
Services Risk Management Solution RLB Management
Distribution
Paskalius Buyung Bachtiar Tri Sujatioadi Rio Y. Lopa
Professional Chairul Sani
Practices &
Digital Banking
Integrated Internal
Partnership
HR Project Audit Credit Risk Product & Neni Veronica
Myrna M. Witarka Stephannie S. Tasuku Tanaka Portfolio
Winanta Management RLB
Astri P. Rini;
Rolly Y. Dimassetya
Retail Banking
Digital Strategy
Citra Paramita
Digital Banking
Alignment &
Synergy
-
The Board of Directors
Board of Management
The Board of Commissioners Committee & The Board of Directors Committee
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 77
Page 80
Company Profile
Organizational Structure
BOARD OF COMMISSIONERS Risk Management Chairman : Sendiaty Sondy
Committee
Permanent Members with Voting Rights:
Name Position • Henoch Munandar
• Jun Saito
Chow Ying Hoong President Commissioner
• Michellina Laksmi Triwardhany
Takeshi Kimoto Commissioner • Dini Herdini
• Atsushi Hino
Ninik Herlani Masli Ridhwan Independent Commissioner • Yuki Terayama
Onny Widjanarko Independent Commissioner • Merisa Darwis
• Hanna Tantani
Marita Alisjahbana Independent Commissioner • Jeffrey Cheanandro Tjoeng
• Purnomo B. Soetadi
Kusumaningtuti Sandriharmy Independent Commissioner
• Helena
Soetiono
• Irwan Sutjipto Tisnabudi
• Mira Fitria
• Nathan Christianto
• Wiwig Wahyu Santoso
COMMITTEE UNDER THE BOARD Permanent Member without Voting Rights:
OF COMMISSIONERS • Anke Subandy
• Wahyu Nugroho
• Deni Djalil
Audit Committee Chairman : Onny Widjanarko • Buyung Bachtiar
• Keisuke Heima
Member
: • Kusumaningtuti • Tasuku Tanaka
Sandriharmy Soetiono Information Chairman : Merisa Darwis
• Marita Alisjahbana Technology
• Aria Kanaka Steering Permanent Members with Voting Rights:
• Jacobus Sindu Adisuwono Committee • Henoch Munandar
Risk Monitoring Chairman : Marita Alisjahbana • Jun Saito
Committee • Michellina Laksmi Triwardhany
Member : • Takeshi Kimoto • Dini Herdini
• Kusumaningtuti • Sendiaty Sondi
Sandriharmy Soetiono
• Sofyan Rambey Permanent Member without Voting Rights:
• Nurhajati Soerjo Hadi • Atsushi Hino
• Hanna Tantani
Remuneration Chairman : Ninik Herlani Masli Ridhwan • Yuki Terayama
and Nomination • Irwan S. Tisnabudi
Committee Member : • Chow Ying Hoong • Helena
• Mira Fitria Soetjipto • Nathan Christianto
• Jeffrey Cheanandro Tjoeng
Integrated Chairman : Onny Widjanarko
• Purnomo B. Soetadi
Governance
• Mira Fitria
Committee Member : • Ninik Herlani Masli Ridhwan
• Anke Subandy
• Dewie Pelitawati
• Akira Kuwata
• Muhamad Faiz
• Buyung Bachtiar
• Dharma Putera
• Jufri Fan
• Murniaty Santoso
• Iman Triono
• Doddy Susanto
• Joko Kurniawan
• Ivan Purnama Sanoesi
• Andi Febri Cahyo
• Sofyan Rambey
• Akihiro Nishimura
COMMITTEE UNDER THE BOARD
OF DIRECTORS
Asset and Liability Chairman : Yuki Terayama
Committee
Member : • Henoch Munandar
• Jun Saito
• Michellina Laksmi
Triwardhany
• Hanna Tantani
• Sendiaty Sondy
Secretary : Wiwig Santoso
78 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 81
Credit Policy Chairman : Henoch Munandar Sustainability Chairman : Jun Saito
Committee Committee
Permanent Members with Voting Rights: Member : • Dini Herdini
• Jun Saito • Hanna Tantani
• Michellina Laksmi Triwardhany • Merisa Darwis
• Dini Herdini • Atsushi Hino
• Atsushi Hino • Yuki Terayama
• Yuki Terayama • Sendiaty Sondy
• Nathan Christianto • Anke Subandy
• Irwan S. Tisnabudi • Jeffrey C. Tjoeng
• Jeffrey Cheanandro Tjoeng • Nathan Christianto
• Purnomo B. Soetadi • Purnomo B. Soetadi
• Sendiaty Sondy • Helena
• Wiwig Santoso • Irwan S. Tisnabudi
• Wiwig Santoso
Permanent Member without Voting Rights: • Mira Fitria
• Anke Subandy (observer) • Andrie Darusman
• Tasuku Tanaka
• Ririn Rianti Secretary : • Yuki Katsuhara
• Adil Pamungkas • Vinny Herianti
• Argo Wibowo
• Butet Sondang Sitepu Integrated Risk Chairman : Henoch Munandar
• Wahyu Nugroho Management
Committee Member : • Sendiaty Sondy
Credit Committee Chairman : Henoch Munandar • Arief Ismail
• Antonius B. Priyadi
Member : • Jun Saito • Victoria Rusna
• Atsushi Hino • Nobuhiro Moroo
• Nathan Christianto
• Tasuku Tanaka Non-Financial Chairman : Sendiaty Sondy
• Jenny Susanto Risk Management
• Eddy Satria Nugraha Committee Permanent Members with Voting Rights:
Sembiring • Henoch Munandar
• Kohei Suwa • Jun Saito
• Moses Supardi • Michellina Laksmi Triwardhany
• Warni Chai • Dini Herdini
• Karinda Rachmana • Atsushi Hino
• Naoki Takeshita • Yuki Terayama
• Hideaki Asatsu • Merisa Darwis
• Hilman Gumay • Hanna Tantani
• Sendiaty Sondy (observer) • Jeffrey C. Tjoeng
• Purnomo B. Soetadi
Human Resources Chairman : Henoch Munandar • Helena
Committee • Irwan S. Tisnabudi
Member : • Jun Saito • Mira Fitria
• Michellina Laksmi • Nathan Christianto
Triwardhany • Wiwig Santoso
• Hanna Tantani
• Merisa Darwis Permanent Member without Voting Rights:
• Anke Subandy
Secretary : Mira Fitria • Heru Rustanto
• Buyung Bachtiar
Fraud Committee Chairman : • Henoch Munandar • Hari Suci Yuliastuti
• Jun Saito • Argo Wibowo
• Michellina Laksmi • Andrie Darusman
Triwardhany • Butet Sondang Sitepu
• Dini Herdini • Eneng Yulie Andriani
• Atsushi Hino • Paskalius
• Yuki Terayama • Lia Asoka
• Merisa Darwis • Bambang Joko Susilo
• Hanna Tantani • Jufri Fan
• Sendiaty Sondy • Radhara Hasti Handajani
• Jeffrey C. Tjoeng • Erliana Tandoko
• Purnomo B. Soetadi
• Helena Secretary : Heru Rustanto
• Irwan S. Tisnabudi
• Mira Fitria
• Nathan Christianto
• Wiwig Santoso
Member : • Heru Rustanto
• Denty Avianty
• Jimmy SA Hutapea
Secretary : Heru Rustanto
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 79
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Company Profile
Profile
of the Board of Commissioners
Business Administration in Finance from National
University of Singapore (1984).
Educational
Background
Risk Management Certification Level 6, issued by
BSMR with validity until 23 April 2027.
Certification
Initially appointed as Vice President
Commissioner of SMBC Indonesia as of the
effective date of the merger, namely 1 February
History and 2019 and reappointed through the Annual GMS
Legal Basis of of 15 February 2019. Appointed as President
Appointment Commissioner through the Extraordinary GMS
of 18 November 2020, and reappointed through
the Annual GMS on 21 April 2022 and 22 April
2025.
Chow Ying Hoong • Member of the Remuneration and Nomination
Committee of SMBC Indonesia.
• Senior Regional Advisor, Asia Growing Market
Concurrent Department of Sumitomo Mitsui Banking
President Commissioner Corporation.
Position
• General Manager of Planning Department Asia
Pacific Division of SMBC (2011-2013).
Nationality
• General Manager, Debt Capital Market
Singaporean
Work Department and Joint General Manager of
Domicile Experience SMBC, Singapore (2005-2010).
Singapore • Head of Syndication S.E. Asia of Sumitomo
Bank Singapore Branch (2000-2005).
Age • Branch Manager/Managing Director dari
65 Years Societe Generale Bank, Branch Malaysia
as of the end of Fiscal Year 2025 (1997-2000).
• Head of Syndication for Asia of ABN Amro
Bank Asia HQ (1996-1997).
• Team Head of Offshore Corporates of ABN
AMRO Bank N.V., Singapore Branch (1993-
1996).
• Senior Manager of The Sanwa Bank Ltd,
Singapore Branch (1989-1993).
• Account Manager of ABN Bank N.V., Singapore
Branch (1987-1989).
• Bank Officer, United Overseas Bank (1984-
1987).
Management affiliation with the Controlling
Shareholder.
Affiliation
80 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 83
Bachelor of Arts in Business and Commerce from
KEIO University (1989-1993).
Educational
Background
Risk Management Certification Level 6, issued by
BSMR valid until 27 June 2027.
Certification
First appointed as Commissioner of SMBC
Indonesia since the effective date of the merger,
namely 1 February 2019 and reappointed
History and through the Annual GMS on 15 February 2019, 21
Legal Basis of April 2022 and 22 April 2025
Appointment
• Member of Risk Monitoring Committee of
SMBC Indonesia.
• Managing Executive Officer, Head of Asia
Takeshi Kimoto Concurrent Business Development Division and Deputy
Position Head of APAC Division of Sumitomo Mitsui
Banking Corporation and Sumitomo Mitsui
Commissioner Financial Group.
• Member of the Board of Directors of Vietnam
Prosperity Joint Stock Commercial Bank.
• Senior Vice President for Emerging Markets
Nationality
Business Division (“EMBD”) Singapore, Joint
Japanese
General Manager for EMBD Tokyo and Joint
Domicile Work General Manager for Business Development
Japan Experience Department at the International Banking Unit
of SMBC (2013-2018).
Age • Vice President for Global Institutional Banking
55 Years Department (“GIBD”) of SMBC, Vice President
as of the end of Fiscal Year 2025 for GIBD Singapore, Group Head & Senior
Vice President for Global Trade Finance
Department Singapore (2002-2013).
• Vice President, International Finance
Department, Sumitomo Bank Ltd (2000-
2001).
Affiliated in management with the Controlling
Shareholder.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 81
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Company Profile
Profile of the Board of Commissioners
• Master’s degree (Magister) in Finance from
Universitas Indonesia (2018).
• Bachelor’s degree (Sarjana) in Economics
Educational from Universitas Trisakti (1983).
Background
Risk Management Certification Level 6, issued by
BSMR valid until 20 May 2028.
Certification
First appointed as Independent Commissioner
of SMBC Indonesia since the effective date
of the merger, namely 1 February 2019 and
History and reappointed through the Annual GMS of 15
Legal Basis of February 2019, 21 April 2022 and 22 April 2025.
Appointment
• Chairman of the Remuneration and
Nomination Committee of SMBC Indonesia.
• Member of the Integrated Governance
Ninik Herlani Masli Concurrent Committee of SMBC Indonesia.
Ridhwan Position
• Independent Commissioner of PT Bank
Sumitomo Mitsui Indonesia (2013-2019).
Independent Commissioner • Joined PT Bank Central Asia Tbk with the last
Work position as Head of Audit Development and
Experience Quality Control (1985-2012).
• Senior Auditor at Accounting Firm of Utomo
Nationality (SGV Utomo) 1981-1985).
Indonesian
No affiliation with members of the Board of
Domicile Directors, the Board of Commissioners, and the
Jakarta Controlling Shareholder.
Age Affiliation
68 Years
as of the end of Fiscal Year 2025
82 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 85
• Master’s degree in Management from Asian
Institute of Management (1999).
• Bachelor’s degree (Sarjana) in Financial
Educational Management from STIE Malangkucecwara
Background (1989).
Risk Management Certification Level 6, issued by
BSMR with validity until 11 September 2027.
Certification
First appointed as Independent Commissioner
of SMBC Indonesia effective as of 8 May 2023
based on resolution of the Annual GMS on 13
History and April 2023 and reappointed through the Annual
Legal Basis of GMS on April 22, 2025.
Appointment
• Chairman of the Audit Committee of SMBC
Indonesia.
• Chairman of the Integrated Governance
Onny Widjanarko Concurrent Committee of SMBC Indonesia.
Position
• President Commissioner of PT Artajasa
Independent Commissioner
Pembayaran Elektronis (September 2020 –
April 2023).
Work • Joined Bank Indonesia with the last position
Nationality Experience as Head of Representative of Bank Indonesia
Indonesian Jakarta (January 1992 – September 2022).
• Management Trainee and Staff of Finance
Domicile Department at Komatsu Indonesia (PT United
Jakarta Tractors) (October 1989 – December 1990).
Age No affiliation with members of the Board of
61 Years Directors, the Board of Commissioners, and the
as of the end of Fiscal Year 2025 Controlling Shareholders.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 83
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Company Profile
Profile of the Board of Commissioners
• Master of Architecture, University of California,
Los Angeles, USA (1986).
• Bachelor’s degree (Sarjana) of Architecture,
Educational Bandung Institute of Technology, Indonesia
Background (1982).
Risk Management Certification Level 6, issued by
BSMR with validity until 14 June 2027.
Certification
First appointed as Independent Commissioner
of SMBC Indonesia effective as of 2 September
2024 based on resolution of the Extraordinary
History and GMS on 29 August 2024 and reappointed
Legal Basis of through the Annual GMS on April 22, 2025.
Appointment
• Chairman of the SMBC Indonesia Risk
Monitoring Committee.
• Member of the SMBC Indonesia Audit
Marita Alisjahbana Concurrent Committee
Position • Independent Commissioner of
PT Vale Indonesia Tbk
Independent Commissioner • Chief Risk Officer, Indonesia Investment
Authority (2021-2024).
• Country Risk Manager, Citibank Indonesia
Work (2007-2021).
Nationality
Experience • Country Risk Manager, Citibank Philippines
Indonesian
(2010-2012).
Domicile • Deputy Country Risk Manager, Citibank
Jakarta Thailand/Vietnam (2003-2004).
• Group Head, Institutional Remedial
Age Management Group, Citibank (1999-2003).
69 Years • Unit Head, Institutional Remedial
as of the end of Fiscal Year 2025 Management Group, Citibank (1998-1999).
• Unit Head, Local Corporate Group, Citibank
(1996-1998).
• Originator, Local Corporate Group, Citibank
(1993-1996).
• Risk Manager, Local Corporate Group, Citibank
(1991-1993).
• Risk Manager, Financial Institution Group,
Citibank (1989-1991).
• Executive Development Program, Citibank
(1988-1989).
• Architect, Fega Marikultura (1986-1988).
• Project Coordinator for BITA Engineering on
The Bukit Asam Coal Mining Facilities, BITA
Engineering (1982).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and
Controlling Shareholder.
Affiliation
84 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 87
• PhD in Laws from the University of Indonesia
(2008).
• Master of Laws from Washington College of
Educational Law, Washington D.C., USA (1984).
Background • Bachelor of Laws from the University of
Indonesia (1979).
Risk Management Certification (SMR)
Qualification 6, issued by BSMR with a validity
period until September 24, 2027
Certification
First appointed as Independent Commissioner
through the Annual GMS on April 22, 2025.
History and
Legal Basis of
Appointment
• Member of the SMBC Indonesia Audit
Committee.
Kusumaningtuti • Member of the SMBC Indonesia Risk
Sandriharmy Soetiono Concurrent Monitoring Committee.
Position
• Chairman of the Indonesian Banking School
Independent Commissioner of Economics (2020-2024)
• Commissioner of PT Dompet Anak Bangsa
Work (GOPAY) (2017-2023)
Experience • Member of the Board of Commissioners of
Nationality the Financial Services Authority (2012-2017).
Indonesian • Joined Bank Indonesia, where his last position
was Chief of the Bank Indonesia New York
Domicile Office (1980-2012)
Jakarta
Has no affiliated relationship with the Board
Age of Directors, Board of Commissioners, and
71 Years Controlling Shareholders.
as of the end of Fiscal Year 2025
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 85
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Company Profile
Profile
of the Board of Directors
Bachelor’s degree (Sarjana) in Economics from
Universitas Atma Jaya, Jakarta (1989).
Educational
Background
Risk Management Certification Level 7, issued by
BSMR with validity until 20 March 2028.
Certification
First appointed as Director as of the effective
date of the merger, namely 1 February 2019
and reappointed through the Annual GMS of 15
History and February 2019 and 21 April 2022. Appointed as
Legal Basis of President Director through the Extraordinary
Appointment GMS on 29 September 2022 and reappointed
through the Annual GMS on April 22, 2025.
No concurrent position.
Henoch Munandar
Concurrent
Position
President Director • Director of PT BANK BTPN Tbk
(2019-September 2022).
• Director of PT Bank Sumitomo Mitsui
Work Indonesia (2014-January 2019).
Nationality
Experience • Deputy Head of Credit/Credit Risk
Indonesian
Management Head SMEC of Bank DBS
Domicile Indonesia (2010-2013).
Jakarta • Deputy of SMEC Risk + Remedial Head at
PT Bank Danamon Indonesia Tbk (2006-
Age 2010).
59 Years • Co-Dept Head of Corporate Banking, Bank of
as of the end of Fiscal Year 2025 Tokyo Mitsubishi UFJ (2006-2006).
• Local Corporate Head-Senior Manager, Sanwa
Bank Indonesia/Bank United Financial of
Japan (UFJ) (1995-2006).
• Account Manager at PT Bogor Multifinance
(1995-1995).
• Account Manager at Panin Bank (1993-1995).
• Sub-Branch Manager at Bank Susila Bakti
(1991-1993).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
86 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 89
Bachelor of Laws from Gakushuin University,
Japan (1992).
Educational
Background
Risk Management Certification (SMR) Level
7, issued by BSMR with a validity period until
November 7, 2027.
Certification
First appointed as Deputy President Director of
SMBC Indonesia effective as of 21 May 2025
based on resolution of the Annual GMS on April
History and 22, 2025.
Legal Basis of
Appointment
No concurrent position.
Jun Saito Concurrent
Position
• Deputy Head of EMEA, SMBC Bank
Deputy President Director
International (2022-2025)
• Regional Head for Middle East, EMEA Division,
Work SMBC (2021-2022)
Nationality Experience • Senior Executive Officer, DIFC Branch – Dubai,
Japanese SMBC (2019-2021)
• Joint General Manager, International &
Domicile Structured Finance Department, SMBC Bank
Jakarta International, London (2016-2019)
• Deputy General Manager, Corporate Banking
Age Department, SMBC Tokyo (2010-2016)
56 Years • Deputy General Manager, SMBC Hanoi
as of the end of Fiscal Year 2025 (2008-2010)
• Chief Representative, SMBC Hanoi Branch
Representative Office (2004-2008)
• Joined Sumitomo Bank in April 1992
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 87
Page 90
Company Profile
Profile of the Board of Directors
• Master of Business Administration from the
University of Texas, USA (1990).
• Bachelor of Science in Computer Science
Educational from the University of North Texas, USA
Background (1987).
Risk Management Certification (SMR) Level 7,
issued by BSMR with a validity period until March
14, 2028.
Certification
First appointed as Deputy President Director of
SMBC Indonesia effective as of June 26, 2025
based on resolution of the Annual GMS on April
History and 22, 2025.
Legal Basis of
Appointment
No concurrent position.
Michellina Laksmi Concurrent
Triwardhany Position
• President Director of PT Prudential Life
Assurance (2021-2024)
Deputy President Director • Last position as Deputy President Director
Work of PT Bank Danamon Indonesia Tbk (2009-
Experience 2021)
• Deputy President Commissioner of
Nationality PT Asuransi Adira Dinamika Tbk (2014-2015)
Indonesian • Last position as Country Business Head of
Citibank Berhard, Kuala Lumpur, Malaysia,
Domicile Citibank (2003-2009)
Jakarta
• General Manager of Unsecured Lending,
Age Manhattan Credit Card Company (A
59 Years Subsidiary of Standard Chartered Bank), Hong
as of the end of Fiscal Year 2025 Kong (2001-2003)
• Last position as Card Business Director of
Citibank, N.A., Indonesia (1991-2001).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
88 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 91
Bachelor’s degree (Sarjana) in Law from
Universitas Trisakti, Jakarta (1987).
Educational
Background
Risk Management Certification Level 7, issued by
BSMR with a validity period until March 20, 2028.
Certification
First appointed as Compliance Director of SMBC
Indonesia since the effective date of the merger,
namely 1 February 2019 and reappointed
History and through the Annual GS on 15 February 2019, 21
Legal Basis of April 2022 and 22 April 2025.
Appointment
No concurrent position.
Dini Herdini Concurrent
Position
• Director responsible for the Compliance
Compliance Director
Function at PT Bank Sumitomo Mitsui
Indonesia (2014-January 2019).
Work • General Counsel & Corporate Secretary
Nationality Experience PT Bank Danamon Indonesia Tbk (2004-
Indonesian 2014).
• Partner/Legal Consultant at Herdini & Partners
Domicile Law Firm (2000-2004).
Jakarta • Head of Legal Division at Bank Danamon
(1999-2000).
Age • Head of Legal Division at PT Bank PDFCI Tbk
60 Years (1996-1999).
as of the end of Fiscal Year 2025 • Legal Manager PT ING Bank (1993-1996).
• Legal Officer PT Bank Sumitomo Niaga (1989-
1993).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 89
Page 92
Company Profile
Profile of the Board of Directors
Bachelor’s degree in Business and Commerce
from Keio University (1999).
Educational
Background
Risk Management Certification Level 7, issued
by BSMR with a validity period until October 02,
2027.
Certification
First appointed as Director of SMBC Indonesia
effective as of 15 May 2023 based on resolution
of the Annual GMS on 13 April 2023 and
History and reappointed through the Annual GMS on April 22,
Legal Basis of 2025.
Appointment
No concurrent position.
Atsushi Hino Concurrent
Position
• Group Head/Joint General Manager of Asia
Director
Growing Market Department, SMBC Singapura
(September 2018-April 2023).
Work • Head of Corporate Banking Department,
Nationality Experience PT Bank Sumitomo Mitsui Indonesia (October
Japanese 2014-September 2018).
• Vice President/Senior President, SMBC
Domicile Hongkong branch (April 2009-August 2014).
Jakarta • Vice President of Tokyo Corporate Banking
Department 4, SMBC (April 2006-April 2009).
Age • Junior Staff Tohoku Corporate Business
49 Years Office, SMBC (July 2001-April 2006).
as of the end of Fiscal Year 2025 • First joined SMBC as Junior Staff (April 1999-
July 2001).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
90 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 93
Bachelor of Mathematics from Waseda University
(1995).
Educational
Background
Risk Management Certification (SMR) Level
7, issued by BSMR with a validity period until
January 18, 2028.
Certification
First appointed as Director of SMBC Indonesia
effective as of May 27, 2025 based on resolution
of the Annual GMS on April 22, 2025.
History and
Legal Basis of
Appointment
No concurrent position.
Yuki Terayama Concurrent
Position
• Last position as Joint General Manager/Chief
Director
Risk Officer at SMBC Seoul Branch, SMBC
(2001-2024)
Work • Officer, Simbashi Branch, Sumitomo Bank,
Nationality Experience Tokyo (1995-2000)
Japanese
No affiliation with members of the Board of
Domicile Directors, the Board of Commissioners, and the
Jakarta Controlling Shareholder.
Affiliation
Age
54 Years
as of the end of Fiscal Year 2025
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 91
Page 94
Company Profile
Profile of the Board of Directors
Bachelor’s degree (Sarjana) in Information
Technology from Institut Teknologi Bandung (ITB)
(1991).
Educational
Background
Risk Management Certification Level 7, issued by
BSMR with a validity period until March 20, 2028.
Certification
First appointed as Director as of the effective
date of the merger, namely 1 February 2019
and reappointed through the Annual GMS on 15
History and February 2019, 21 April 2022 and 22 April 2025.
Legal Basis of
Appointment
No concurrent position.
Merisa Darwis Concurrent
Position
• Operations Director, PT BANK BTPN Tbk
Director
(February 2019-September 2024).
• Head of Operation, PT Bank Tabungan
Work Pensiunan Nasional Tbk (January 2017-
Nationality Experience January 2019).
Indonesian • Head of Internal Audit Work Unit, PT Bank
Tabungan Pensiunan Nasional Tbk (2011-
Domicile 2016).
Jakarta • HR & Internal Control Director, Bank Barclays
Indonesia (2010-2011).
Age • Citibank, N.A., Indonesia (1996-2009):
58 Years - Operation - Control & Reporting Head,
as of the end of Fiscal Year 2025 Transaction Services Head, Control &
Support Head.
- IT - Consumer IT Head & Country IT
Financial Head.
- QA - IT QA Head, Privacy Officer and BISO
(Business Information Security Officer).
• Programmer/Analyst, USI/IBM Jakarta (1992-
1993).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
92 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 95
• Master’s degree in Business Administration
from Australian Graduate School of
Management, University of New South Wales,
Educational Australia (1993).
Background • Bachelor’s degree (Sarjana) in Economics-
Accounting from Universitas Airlangga (1990).
Risk Management Certification Level 7, issued by
BSMR with a validity period until March 20, 2028.
Certification
First appointed as Director of SMBC Indonesia
based on the resolution of the Extraordinary GMS
on 11 September 2019 and reappointed through
History and the Annual GMS resolution on 21 April 2022 and
Legal Basis of 22 April 2025.
Appointment
Commissioner of PT Summit Oto Finance.
Hanna Tantani
Concurrent
Position
Director • Chief Financial Officer, PT Bank Tabungan
Pensiunan Nasional Tbk (2018-2019).
• Director of Finance, PT Bank HSBC Indonesia
Work (2014-2018).
Nationality
Experience • SVP MI Planning & Analysis, KCBA HSBC
Indonesian
Indonesia (2009-2014).
Domicile • Financial Controller, Standard Chartered Bank
Jakarta (2008-2009).
• Market Controller, American Express Bank
Age (2004-2008).
58 Years • Staff, Credit Operations & Trade Services,
as of the end of Fiscal Year 2025 Management Accountant, Manager Treasury
OperationS, AVP Treasury Services, VP Global
Payment & Cash Management, VP Credit
Operation VP Area Finance, HSBC (1990-
2004).
No affiliation with members of the Board of
Directors, the Board of Commissioners, and the
Controlling Shareholder.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 93
Page 96
Company Profile
Change in Composition
of the Board of Commissioners and Board
of Directors
COMPOSITION OF THE BOARD OF COMMISSIONERS
Before Change After Change Basis of Change Reason of Change
Chow Ying Hoong Chow Ying Hoong - -
(President Commissioner) (President Commissioner)
Takeshi Kimoto Takeshi Kimoto - -
(Commissioner) (Commissioner)
Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan - -
(Independent Commissioner) (Independent Commissioner)
Onny Widjanarko Onny Widjanarko - -
(Independent Commissioner) (Independent Commissioner)
Marita Alisjahbana Marita Alisjahbana - -
(Independent Commissioner) (Independent Commissioner)
Edmund Tondobala Kusumaningtuti Sandriharmy Resolution of the Annual
(Independent Commissioner) Soetiono General Meeting of
(Independent Commissioner) Shareholders dated April 22,
2025
Term of office ends.
Ongki Wanadjati Dana - Resolution of the Annual
(Commissioner) General Meeting of
Shareholders dated April 22,
2025
COMPOSITION OF THE BOARD OF DIRECTORS
Before Change After Change Basis of Change Reason of Change
Henoch Munandar Henoch Munandar - -
(President Director) (President Director)
Kaoru Furuya Jun Saito Resolution of the Annual Term of office ends.
(Deputy President Director) (Deputy President Director) General Meeting of
Shareholders dated April 22,
2025
Darmadi Sutanto Michellina Laksmi Triwardhany Resolution of the Annual Term of office ends.
(Deputy President Director) (Deputy President Director) General Meeting of
Shareholders dated April 22,
2025
Dini Herdini Dini Herdini - -
(Compliance Director) (Compliance Director)
Atsushi Hino Atsushi Hino - -
(Director) (Director)
Keishi Kobata Yuki Terayama Resolution of the Annual Term of office ends.
(Director) (Director) General Meeting of
Shareholders dated April 22,
2025
Merisa Darwis Merisa Darwis - -
(Director) (Director)
Hanna Tantani Hanna Tantani - -
(Director) (Director)
94 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 97
Profile
of Executive Officers
First Joined
No Name Education University Position
SMBCI
1 Kohei Suwa S1 Sophia University 2025 Corporate Banking Head
2 Karinda Listyani Rachmana S1 Ritsumeikan Asia Pacific 2019 Corporate Banking Head
University
3 Naoki Takeshita S1 Osaka University 2024 Corporate Banking Head
4 Hideaki Asatsu S1 Osaka University 2022 Corporate Banking Head
5 Hilman Salahudin Gumay S2 Universitas Indonesia 2019 Corporate Banking Head
6 Virni Anggia Septiranti S1 Institut Ilmu Sosial Ilmu Politik 2019 KYC Onboarding Head
Jakarta
7 Chandra Murprabowo S1 Institut Teknologi Sepuluh 2019 Corporate Banking Business
Mudjib Nopember Planning Head
8 Riyanthi Annisaa S2 Macquarie University 2019 Corporate Banking Loan Reviewer
Head
9 Fifi S1 Tokyo International University 2019 Credit Analyst Corporate Banking
Head
10 Hendra Kuncoro Jati S2 University of Technology 2019 Corporate Credit Middle Office Head
Sydney
11 Theodora Ikke Gratcia S1 Universitas Indonesia 2021 Transaction Legal Team Head
12 Wibowo Kurniawan S1 Universitas Bina Nusantara 2019 Corporate Banking Solution Head
13 Ir Nathan Christianto S2 University of Tokyo 2019 Head of Wholesale, Commercial &
Transaction Banking
14 Jevan Purnawan S2 University of Manchester 2019 Transaction Banking & Supply Chain
Head
15 Moses Ronald Supardi S3 Leiden University 2019 Wholesale Banking Head
16 Warni S1 STBA Persada Bunda Pekanbaru 2019 Commercial Banking & WFB Head
17 Ahmad Zacky Hendarman S1 Institut Teknologi Bandung 2019 Wholesale Banking Business
Planning Head
18 Adityo Haryono S1 Boston University 2020 Structured Finance Head
19 Denti Irfiano Irman S2 Monash University 2019 Syndications & ESG Solutions Head
20 Wiwig Wahyu Santoso S2 CSU Fullerton 2019 Head of Treasury
21 So Hirahara S1 Kyushu University 2023 Treasury ALM & Planning Head
22 Adi Erianto S2 Monash University 2019 Treasury Assets & Liabilities
Management Head
23 Rhendy Soemitro Zoro S2 Institut Teknologi Bandung 2023 Treasury Trading Head
24 Slamet Riyadi S. S1 Perbanas Institute 2019 Treasury Marketing Head
25 Dadang Suryana S2 Institut Teknologi Bandung 2024 Treasury Marketing Head
26 Sutan Alamsaputra Ad S1 Universitas Indonesia 2019 Treasury Planning Head
27 Iman Nurman S2 Institut Teknologi Bandung 2022 Treasury Products Management
Head
28 Jeffrey Cheanandro Tjoeng S1 Oklahoma State University 2020 Head of Business Banking
29 Ririn Rianti S1 Institut Pertanian Bogor 2014 Business Banking Credit Risk Head
30 Novri Irza Hidayattullah S1 Universitas Gadjah Mada 2019 Business Banking Governance,
Process & Middle Office Head
31 Margareth P. Santosa S2 Universitas Indonesia 2019 SME Head
32 Anita Natalia S1 Universitas Trisakti 2013 Business Banking Strategy Head
33 Charles Anthony Bunaidi S1 Pensacola Christian College 2022 Business Banking Digital Head
34 Dicky Deniawan S1 Universitas Indonesia 2019 Business Banking Remedial Head
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 95
Page 98
Company Profile
Profile of Executive Officers
First Joined
No Name Education University Position
SMBCI
35 Ngo Yuliana S1 Unika Atma Jaya 2025 Business Banking Product & Program
Head
36 Takeshi Nishimura S1 Ritsumeikan University 2023 Business Banking Cross
Collaboration Head
37 Kamaluddin S1 Universitas Indonesia 2021 Tax Management Head
38 Arif Suseno S1 Universitas Indonesia 2019 Financial Controller
39 Hendra Gunawan S1 Universitas Tarumanagara 2021 Retail Banking and O&T Business
Finance Head
40 Lia Asoka S1 Unika Atma Jaya 2021 Finance Risk, Control & Governance
Head
41 Elsa Ariany Setyadi S1 Universitas Tarumanagara 2023 Financial Planning & Performance
Head
42 Yuki Katsuhara S1 Ritsumeikan University 2024 Sustainable Business Strategy Head
43 Sendiaty Sondy Se S1 Universitas Trisakti 2012 Head of Risk Management
44 Wahyu Nugroho Y.A.S S2 Perbanas 2021 Portfolio Management & Policy Head
45 Heru Rustanto, SE S2 Universitas Tarumanagara 2014 Anti Financial Crime Head
46 Deni S2 Universitas Indonesia 2019 Market & Liquidity Risk Management
Head
47 Keisuke Heima S2 Kyoto University 2022 Integrated Risk Management Head
48 Buyung Bachtiar S1 Universitas Bina Nusantara 2019 Cyber Security Risk Management
Head
49 Tasuku Tanaka S1 The University of Tokyo 2023 Credit Risk Head
50 Jenny Susanto S1 Monash University 2019 Credit Head
51 Eddy Satria Nugraha S2 Universitas Prasetiya Mulya 2019 Commercial Banking Credit Risk
Sembiring Head
52 Bambang Harjono S2 National University of Singapore 2025 Commercial Banking Credit Risk
Head
53 Tubagus Dimas Andriadie S2 Institut Pertanian Bogor 2019 Risk Management Consolidation
Head
54 Hari Suci Yuliastuti, SH S1 Universitas Gadjah Mada 2019 Anti Money Laundering & CFT Head
55 Butet Sondang Sitepu S2 Universitas Gadjah Mada 2009 Compliance Head
56 Eneng Yulie Andriani S2 Universitas Indonesia 2019 Corporate Secretary Head
57 Argo Wibowo S2 Universitas Indonesia 2011 General Counsel
58 Andrie Darusman S1 Universitas Indonesia 2015 Communications & Daya Head
59 Nezu Emiri S1 Ritsumeikan University 2024 AML Group Governance Head
60 Arif Muhammad Fatwaddin S1 Universitas Mataram 2013 Operations Transaction Center Head
61 Radhar Hasti Handayani S1 Universitas Katolik Parahyangan 2008 Operations Development Head
62 Ridwan Nugraha S2 Unika Atma Jaya 2011 Shared Services Operations Head
63 Joko S2 Institut Teknologi Bandung 2015 Strategic Planning & Operations
Control Head
64 Puri Andiyapuri Agustinar S1 Universitas Padjadjaran 2019 Reporting, Settlement & Access
Management Head
65 Jufri D3 Alexander College 2013 IT Data Management Head
66 Andi Febri Cahyo S2 Universitas Indonesia 2008 IT Retail Banking & Corporate
Functions Enablement Head
67 Akihiro Nishimura S2 Institute of Science Tokyo 2025 IT Corporate Banking Enablement
Head
68 Joko Kurniawan S1 Universitas Bina Nusantara 2010 IT Digital Service Enablement Head
69 Akira Kuwata S2 Keio University 2023 IT Governance Management Head
70 Iman Triono S2 Gunma University 2019 IT Transaction Management Head
96 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 99
First Joined
No Name Education University Position
SMBCI
71 Frenky Guslove S1 President University 2015 Digital Banking Platform Enablement
Head
72 Mira Fitria S2 The London School of Economic 2020 Head of Human Resources
and Political Science
73 Deni Yudi Syahputra S2 London Metropolitan University 2025 HRBP Head
74 Denty Avianty S2 Universitas Indonesia 2015 Strategic HR Management Head
75 Mirna Reniwati Harahap S1 University of Missouri 2025 HRBP Support Functions & Talent
Acquisition Head
76 Paskalius S1 Universitas Bina Nusantara 2021 HR Shared Services Head
77 Debbie Gracia Retnoningsih S2 Arizona State University 2015 HRBP Head
78 Myrna May Witarka S2 Strathclyde University 2022 HR Project Specialist
79 Anke Subandy S2 Edith Cowan University 2024 Head of Internal Audit
80 Willy Johan Widjaja S. S2 Bina Nusantara 2016 Audit Head
81 Stephannie Sally Winata S1 Universitas Pelita Harapan 2025 Professional Practices & Integrated
Internal Audit Head
82 Dessy Natalia S1 STIE Malangkucecwara 2012 Audit Head
83 Stefanus Rudy Kristianto S1 Institut Pertanian Bogor 2013 Audit Head
84 Bernanta Budi Danardana S1 Universitas Indonesia 2019 Audit Head
85 Purnomo B. Soetadi S3 Universitas Padjadjaran 2022 Head of Retail Lending Business
86 Tri Sujatioadi S1 Institut Teknologi Bandung 2010 Digital & Business Solution Head RLB
87 Ari Purnomo S2 Royal Melbourne Institute of 2024 Micro Business & Joint Finance Head
Technology
88 Alfin Mufianto S1 Universitas Padjajaran 2012 Sales Management & Capability
Head RLB
89 Rolly Yudhistira Dimassetya S2 Erasmus University Rotterdam 2025 Product & Portfolio Management
Head RLB
90 Helena S1 Institut Pertanian Bogor 2008 Head of WM Business and Network &
Distribution
91 Rudyanto Kemal S1 Universitas Gadjah Mada 2009 Sales Management Head WMB
92 Aegeus Hutama Soewito S2 Universitas Indonesia 2020 Wealth Product Management Head
WMB
93 Chairul Sani S1 Universitas Islam Sumatera 2009 Sales Distribution WMB & National
Utara Distribution Head
94 Elvie Iskandar S1 Universitas Tarumanagara 2008 Liabilities & Digital Management
Head WMB
95 Sanny Kumalasari S2 Unika Atma Jaya 2019 Customer Experience Head WMB
96 Jacqueline Wirawan S1 Universitas Trisakti 2025 Network & Distribution Head
97 Irwan Sutjipto Tisnabudi S1 The University of New South 2016 Head of Digital Banking
Wales
98 Neni Veronica S1 Universitas Katolik Parahyangan 2024 Digital Banking Partnership Head
99 Salvy Gunawan S1 Curtin University 2021 Digital Banking Business
Performance & Cust Value Mgmt
Head
100 Anita Ekasari. C S2 Universitas Bina Nusantara 2016 Jenius Business Stream Head
101 Febri S2 Universitas Prasetiya Mulya 2015 Digital Banking Product & Innovation
Head
102 Citra Paramita S2 Universitas Prasetiya Mulya 2022 Retail Banking Digital Strategy Head
103 Erliana Tandoko S1 Institut Pertanian Bogor 2015 Retail Banking Strategy & Planning
Head
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 97
Page 100
Company Profile
Employee
Statistics
Until the end of fiscal year 2025, SMBC Indonesia had a total headcount of 6,139 with details as follows:
Total Employees based on Employment Status
Employment Status 2025 2024 2023
Permanent 5,903 6,196 6,346
Contract 236 295 290
Total 6,139 6,491 6,636
Total Employees based on Gender
Gender 2025 2024 2023
Male 3,388 3,570 3,695
Female 2,751 2,921 2,941
Total 6,139 6,491 6,636
Total Employees based on Education Level
Education 2025 2024 2023
< D1-D3/Academy 661 760 844
S1/Bachelor’s degree 5,107 5,379 5,467
S2-S3/Master’s degree 371 352 325
Total 6,139 6,491 6,636
Total Employees based on Position Grade
Position Grade 2025 2024 2023
Grade 2-7 (Clerical) 734 961 1,224
Grade 8-9 (Officer/Supervisor) 1,444 1,600 1,590
Grade 10-13 (Management) 2,980 2,983 2,891
Grade 14-15 (Senior Management) 783 750 743
Grade 16-18 (Top Management) 189 187 178
Grade BOM (Board Management) 9 10 10
Total 6,139 6,491 6,636
Number of Employees based on Years of Service
Years of Services 2025 2024 2023
0 - < 1 Year 790 918 1,222
> 1 - < 3 Years 938 1,033 758
> 3 - < 5 Years 586 830 933
> 5 - < 10 Years 1,474 1,407 1,758
> 10 - < 20 Years 2,228 2,134 1,763
> 20 Years 123 169 202
Total 6,139 6,491 6,636
98 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 101
Total Employees based on Directorate/Division
Directorate/Division 2025 2024 2023
Alignment & Synergy Planning - 8 -
Chief Strategy Officer Office 11 - -
Business Banking 509 511 559
Corporate Banking - Japanese 173 162 115
Credit Risk - - 74
Digital Banking 302 458 461
Executive Secretary to Retail Banking Director - - 1
Human Resources 135 136 107
Internal Audit 70 63 59
Kepatuhan & Legal 138 117 119
Keuangan & Perencanaan 84 85 88
Manajemen Risiko 90 97 56
Network & Distribution 1,393 - -
Operations - - 2,367
Operasional & Teknologi 1,058 948 -
Retail Banking Analytics, Planning & Process Excellence - - 38
Retail Banking Risk 783 769 632
Retail Banking Strategy & Planning 55 43 -
Retail Lending Business 774 895 935
Secretary to Deputy President Director - - 1
Sustainable Business Strategy 5 2 -
Teknologi Informasi - - 475
Treasury 44 42 40
Wealth Management Business and Network & Distribution - 1,970 331
Wealth Management Business 319 - -
Wholesale Banking 196 185 178
Total 6,139 6,491 6,636
Total Employees based on Age
Age 2025 2024 2023
< 25 Years 176 235 228
25-29 Years 801 907 1,000
30-34 Years 1,163 1,325 1,443
35-39 Years 1,456 1,571 1,655
40-44 Years 1,390 1,339 1,272
45-49 Years 724 672 601
50-54 Years 403 417 417
55-59 Years 25 23 19
> 60 Years 1 2 1
Total 6,139 6,491 6,636
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 99
Page 102
Company Profile
Ultimate and Controlling
Shareholders
Sumitomo Mitsui Financial Group
(SMFG)
Public Sumitomo Mitsui Banking PT Bank Negara PT Bank Central
(< 5%) Corporation (SMBC) Indonesia (Persero) Tbk Asia Tbk
7.81% 91.05% 0.11% 1.03%
PT Bank SMBC Indonesia Tbk
1.00%
70.00% 51.00% 51.00%
PT Bank BTPN Syariah Tbk PT Oto Multiartha PT Summit Oto Finance
99.00%
PT BTPN Syariah Ventura
As of 31 December 2025
Note:
Ultimate Shareholders
Controlling Shareholders
100 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 103
Ultimate
Shareholders
SUMITOMO MITSUI FINANCIAL GROUP With the Head Office in Tokyo, SMFG operates in
the management of banking subsidiaries and other
Sumitomo Mitsui Financial Group, Inc (“SMFG”), companies that can be treated as subsidiaries based on
established on 2 December 2002 as the parent entity the provisions of Japanese Banking Laws. In addition,
of Sumitomo Mitsui Banking Corporation (“SMBC”), is the SMFG carries out ancillaryfunctions, as well as functions
Ultimate Shareholder of SMBC Indonesia. SMFG shares that can be executed by banking holding companies
are listed on the Tokyo Stock Exchange (First Section) under the regulations of the Japanese Banking Laws.
and Nagoya Stock Exchange (First Section).
Companies within the SMFG business group are mainly
The Business Mission of SMFG is to grow and prosper operating in commercial banking through such financial
together with customers by providing services of higher services as follows: leasing, securities, consumer
value to the customers; to maximize the value of the financing, finance, system development data processing
shareholders through sustainable business growth as and asset management
well as to create a working environment that supports
and respects diligent and highly motivated employees.
For further information, please visit
www.smfg.co.jp.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 101
Page 104
Company Profile
Controlling
Shareholders
SUMITOMO MITSUI BANKING spanning some regions of the world, such as Australia,
CORPORATION Europe, Canada, Brazil, and Indonesia. SMBC and its
group of companies offer various financial services that
Sumitomo Mitsui Banking Corporation (“SMBC”) was focus on banking.
established in April 2001 through the merger of two
prominent banks: The Sakura Bank Limited and the SMBC has banking business in countries other than its
Sumitomo Bank Limited. Sumitono Mitsui Financial home, Japan. They are also engaged in such other lines
Group, Inc. was established in December 2002 as a of business as leasing, securities, credit cards, consumer
bank holding company through a share transfer, and finance, and other related credit businesses.
SMBC became fully owned by SMFG. In March 2003,
SMBC merged with The Wakashio Bank, Ltd. In Indonesia, aside from SMBC Indonesia, SMBC also
retains investment in several other companies, namely
Headquartered in Tokyo, Japan, SMBC is one of the PT SMFL Leasing Indonesia, PT Ina Sekuritas Indonesia
biggest banks in Japan with its business network (previously as PT Nikko Sekuritas Indonesia), and
PT SBCS Indonesia.
For further information, please visit
www.smbc.co.jp.
SHAREHOLDERS COMPOSITION AS OF DECEMBER 31, 2025
Shareholders Number of Shares Percentage (%)
Sumitomo Mitsui Banking Corporation 9,692,826,975 91.05
PT Bank Central Asia Tbk 109,742,058 1.03
PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.11
Public (<5%) 831,369,578 7.81
Total 10,645,945,748 100.00
102 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 105
COMPOSITION OF 20 LARGEST SHAREHOLDERS
No Shareholders Number of Shares Percentage (%)
1 Sumitomo Mitsui Banking Corporation 9,692,826,975 91.05
2 UBS AG London Branch Equities House -214 400,000,000 3.76
3 Barclays Capital Securities Limited SBL 200,012,900 1.88
4 Citigroup Global Market LTD S/A CGML PRO 200,000,000 1.88
5 PT Bank Central Asia Tbk 109,742,058 1.03
6 PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.11
7 Christian Santoso 1,673,600 0.02
8 Henry Gunawan Cahyono Putro 1,600,100 0.02
9 Caceis Bank, Ireland Branch / NICHEJUNGL 1,461,566 0.01
10 Jany Candra 1,202,400 0.01
11 Cayuga Pacific Group Limited 1,177,500 0.01
12 Engelbert Winoto 1,173,700 0.01
13 Kamajaya 934,700 0.01
14 Ir Ongki Wanadjati Dana 860,804 0.01
15 Linda Sulistyaningsih, BCS 665,000 0.01
16 Liong Juen Fat 603,300 0.01
17 PT Bank BTPN Tbk 550,000 0.01
18 Djoko Susanto 542,500 0.01
19 PT Timur Nusa Niagajaya 472,100 0.00
20 Yansen Lokanata 364,100 0.00
NUMBER OF SHAREHOLDERS ≥ 5%
Shareholders Number of Shares Percentage (%)
Sumitomo Mitsui Banking Corporation 9,692,826,975 91.05
NUMBER OF SHAREHOLDERS < 5%
Shareholders Number of Shares Percentage (%)
PT Bank Central Asia Tbk 109,742,058 1.03
PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.11
Public (<5%) 831,369,578 7.81
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 103
Page 106
Company Profile
Controlling Shareholders
NUMBER OF SHAREHOLDERS BY CLASSIFICATION
Shareholders Number of Shares Percentage (%)
Foreign Ownership 10,496,008,649 98.59
• Foreign Companies 10,495,816,649 98.59
• Foreign Individuals 192,000 0.00
Local Ownership 149,937,099 1.41
• Bank 122,299,195 1.15
• Pension Funds 117,500 0.00
• Indonesian Individuals 26,226,545 0.25
• Limited Liability Companies 1,093,559 0.01
• Mutual Funds 200,300 0.00
Total 10,645,945,748 100
SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND THE BOARD OF
DIRECTORS
Direct
None of the members of the Board of Commissioners of the Bank own shares in SMBC Indonesia. However, some
members of the Board of Directors of the Bank directly share ownership in SMBC Indonesia, and the direct share
ownership comes from the Material Risk Taker program.
Name Number of Shares Percentage (%) Status
Board of Commissioners
Chow Ying Hoong 0 0 President Commissioner
Takeshi Kimoto 0 0 Commissioner
Ninik Herlani Masli Ridhwan 0 0 Independent Commissioner
Onny Widjanarko 0 0 Independent Commissioner
Marita Alisjahbana 0 0 Independent Commissioner
Kusumaningtuti Sandriharmy Soetiono 0 0 Independent Commissioner
Board of Directors
Henoch Munandar 176,756 0.002 President Director
Jun Saito 0 0 Deputy President Director
Michellina Laksmi Triwardhany 0 0 Deputy President Director
Dini Herdini 121,572 0.001 Compliance Director
Atsushi Hino 3,000 0.000 Director
Merisa Darwis 225,358 0.002 Director
Hanna Tantani 151,154 0.001 Director
Yuki Terayama 0 0 Director
Indirect
All members of the Board of Commissioners and the Board of Directors of the Bank have no indirect ownership of
SMBC Indonesia shares. However, some members of the Board of Directors of the Bank have direct ownerships of
shares, as disclosed in the table above.
104 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 107
List
of Subsidiaries
Name of Company Name of Company
PT Bank BTPN Syariah Tbk PT BTPN Syariah Ventura
Ownership Ownership
70% • Direct Ownership: 1% (based on
Notarial Deed No. 02, dated June 2,
Line of Business 2022)
Sharia Banking • Indirect Ownership through PT Bank
BTPN Syariah Tbk: 69.3%
Type Legal Entity
Limited Liability Company Line of Business
Capital Venture
Head Office Address
SMBC Tower, 12th Floor Type Legal Entity
Mega Kuningan CBD Limited Liability Company
Jl. Dr. Ide Anak Agung Gde Agung, Kav.
5.5-5.6, South Jakarta 12950 Head Office Address
Jl. Radio Dalam No. 100
Total Assets 2025 Kebayoran Baru - South Jakarta
Rp22,751,076,000,892
Total Assets 2025
Operation Status Rp262,161,911,360
Operational
Operation Status
Operational
Name of Company Name of Company
PT Oto Multiartha PT Summit Oto Finance
Ownership Ownership
51% 51%
Line of Business Line of Business
Financing Financing
Type Legal Entity Type Legal Entity
Limited Liability Company Limited Liability Company
Head Office Address Head Office Address
Gedung Summitmas II Lt. 18 Gedung Summitmas II Lt. 8
Jl. Jenderal Sudirman Kav. 61-62 Jl. Jenderal Sudirman Kav. 61-62
Jakarta 12190 Jakarta 12190
Total Assets 2025 Total Assets 2025
Rp13,463,293,589,554 Rp16,584,896,254,102
Operation Status Operation Status
Operational Operational
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 105
Page 108
Company Profile
Areas
of Operation
OFFICE NETWORK
Description Total
Operational Head Office 1 Branch Offices
Non-Operational Regional Office 9
Branch office 57 57 Office
Sub-Branch Offices 164
Functional Office Sub-Branch Offices
• Operational Functional Office 0
• Non-Operational Functional
Office
0 164 Office
Total Office Network 231
ATM
ATM 208
TCR
Payment Point
0
0
208 Unit
Total Office Network & ATM 439
BRANCH OFFICE ADDRESS
No Branch Office Address Telephone Facsimile
1 Ahmad Yani Jl. Ahmad Yani No. 618, Kel. Babakan Surabaya, 0227231129 (022) 7278900,
Kec. Kiara Condong, Bandung 7278901
2 Bandung Jl. Lengkong Besar No. 38, Kel. Cikawao, 0224205397 (022) 4207583
Kec. Lengkong, Bandung
3 Garut Jl. Merdeka No. 84, Blok A, Kel. Haur Panggung, 0262232092 (0262) 235447
Kec. Tarogong Kidul, Garut
4 Tasikmalaya Jl. KH.Z.Mustofa No. 289, Kel. Kahuripan, 0265336786 (0265) 332049
Kec. Tawang, Tasikmalaya
5 Sukabumi Jl. R.E. Martadinata No. 53, Kel. Cikole, 0266221053 (0266) 221184
Kec. Cikole, Sukabumi
6 Cirebon Jl. Dr Wahidin Sudirohusodo No. 72, 0231208224 (0231) 209591
Kel. Sukapura, Kec. Kejaksan, Cirebon
7 Juanda Jl. Ir. H. Juanda No. 8, Kel. Citarum, 0224268100 (022) 4206749
Kec. Bandung Wetan, Bandung
8 Jakarta Jl. Gunung Sahari Raya No. 87, Kel. Gunung 02129226200 (021) 4204150
Sahari Selatan, Kec. Kemayoran, Jakarta Pusat
9 Wisma Indomobil 2 Wisma Indomobil 2, Jl. MT Haryono Kav 9, 0218573535 (021)8573535
Kel. Bidara Cina, Kec. Jatinegara, Jakarta Timur
10 Bogor Jl. Raya Pajajaran No. 63, Kel. Bantarjati, 02518373148 (0251) 373151/2
Kec. Bogor Utara, Bogor
11 Serang Jl. KH. Tb. A. Khatib No. 43, Kel. Cipare, 0254208794 (0254) 208794
Kec. Serang, Serang
106 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 109
No Branch Office Address Telephone Facsimile
12 Kebayoran Baru Jl. Petogogan II No. 6-8, Blok A, Kel. Pulo, 0212702682 (021) 2702782,
Kec. Kby. Baru, Jakarta Selatan 72795313
13 Cililitan Jl. Dewi Sartika No. 46 Kel. Cililitan, 02180875106 (021) 80875106
Kec. Kramat Jati, Jakarta Timur
14 Panglima Polim Jl. Panglima Polim Raya No. 67 A-B, 02172788135 (021) 7234377
Kel. Melawai, Kec. Kebayoran Baru, Jakarta
Selatan
15 Pontianak Jl. Gajah Mada No. 153-157, Kel. Benua Melayu 0561748236 (0561) 761529, 760058
Darat, Kec. Pontianak Selatan, Pontianak
16 Depok Jl. Margonda Raya No. 77, Kel. Pancoran Mas, 0217777357 (021) 7777358
Kec. Pancoran Mas, Depok
17 Banjarmasin Jl. Jend A. Yani No. 240 Km 3,5, Kel. Karang 05113256913/ (0511) 3256916
Mekar, Kec. Banjarmasin Timur, Banjarmasin 05113256915
18 Samarinda Jl. Pahlawan No. 88 - 89, Kel. Dadi Mulya, 0541201030/ (0541) 200930
Kec. Samarinda Ulu, Samarinda 0541202526
19 Palangkaraya Jl. Cilik Riwut KM. 1 No. 30, Kel. Palangka, 05363242679 (0536) 3242492
Kec. Jekan Raya, Palangkaraya
20 Balikpapan Jl. Ahmad Yani No. 10, Kel. Gunung Sari Ilir, 0542428100/ (0542) 417676
Kec. Balikpapan Tengah, Balikpapan 0542420699
21 Magelang Jl. Diponegoro No. 18, Kel. Magelang, 0293362425 (0293) 363431
Kec. Magelang Tengah, Magelang
22 Semarang Jl. MT. Haryono No. 715, Kel. Wonodri, 0248454593/ (024) 8454591, 8319135
Kec. Semarang Selatan, Semarang 0248416744
23 Kudus Jl. Jend Sudirman No. 117 A, Kel. Nganguk, 0291439286/ (0291) 435002
Kec. Kota Kudus, Kudus 0291437329
24 Tegal Jl. Dr. Soetomo No. 24, Kel. Pekauman, 0283352520 (0283) 352522
Kec. Tegal Barat, Tegal
25 Yogyakarta Jl. Jenderal Sudirman No. 3, Kel. 02745059131/ (0274) 370137
Cokrodiningratan, Kec. Jetis, Yogyakarta 02745059132
26 Surakarta Jl. Brigjen Slamet Riyadi No. 526, Kel. Kerten, 0271719203/ (0271) 724580, 715668,
Kec. Laweyan, Surakarta 0271743467/ 0271724582 722630
27 Purwokerto Jl. Wiriaatmaja No. 16, Kel. Kedungwuluh, 0281640680 (0281) 632037
Kec. Purwokerto Barat, Banyumas
28 Surabaya Jl. Indrapura No. 1 EFG, Kel. Krembangan 0313533054 (031) 3532035
Selatan, Kec. krembangan, Surabaya
29 Kertajaya Jl. Kertajaya No. 30, Kel. Kertajaya, 0315029416 (031) 5019484
. Gubeng, Surabaya
30 Denpasar Rukan Dewata Square No. A21-A23 Dangin Puri 0361237144/ (0361) 233336
Klod Denpasar Timur, Jl. Letda Tantular No. 1, 0361233344
Denpasar
31 Mataram Jl. Pejanggik No. 86, Kel. Cakranegara, 0370629844/ (0370) 629847
Kec. Mataram, Mataram 0370629845
32 Kupang Jl. Tompelo No. 21, Kel. Oetete, 0380825576 (0380) 833368
Kec. Oebobo, Kupang
33 Diponegoro Jl. Ciliwung No. 9, Kel. Darmo, 0315621080/ (031) 5621080,5621030
Kec. Wonokromo, Surabaya 0315664202
34 Malang Jl. Jaksa Agung Suprapto No. 63, 0341362963 (0341) 340413
Kel. Samaan, Kec. Klojen, Malang
35 Madiun Jl. Salak Raya No. 65, Kel. Taman, 0351453310/ (0351) 453311
Kec. Taman, Madiun 0351467466/ 0351453311
36 Jember Jl. Kalimantan No. 18-A, Kel. Sumbersari, 0331321717 (0331) 335701
Kec. Sumbersari, Jember
37 Kediri Jl. Brigjen Katamso No. 32, Kel. Kampung 0354683901/ (0354) 673553
Dalem, Kec. Kota, Kediri 0354685990
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 107
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Company Profile
Areas of Operation
No Branch Office Address Telephone Facsimile
38 Medan Jl. Putri Hijau No. 20, Kel. Kesawan, 0614151655 (061) 4151711, 4522566
Kec. Medan Barat, Medan
39 Pematang Siantar Jl. Sutomo No. 5/II, Kel. Proklamasi, 062221762 (0622) 431957
Kec. Siantar Barat, Pematang Siantar
40 Sibolga Jl. Putri Runduk No. 10, Kel. Pasar Belakang, 063121112
Kec. Sibolga Kota, Sibolga
41 Padang Jl. Khatib Sulaiman No. 45, Kel. Lolong Belanti, 07517050655 (0751) 446360
Kec. Padang Utara, Padang
42 Bukittinggi Jl. Profesor M. Yamin No. 9 A/B/C/D, Kel. Aur 07528100568 (0752) 8100568
Kuning, Kec. Aur Birugo Tigo Baleh, Bukittinggi
43 Batam Kota Komplek Raflesia Business Centre Blok G No. 1, 07784173224 (0778) 4173224,
Jl. Raja Haji Filsabillillah, Batam 4173225, 4173226
44 Pekanbaru Jl. Jenderal Sudirman No. 484 C,D,E,F, 0761839680 (0761) 839609
Kel. Jadirejo, Kec. Sukajadi, Pekanbaru
45 Jambi Jl. Prof. M Yamin, SH No. 32-34, Kel. Payo lebar, 0741668661/ (0741) 668596
Kec. Jelutung, Jambi 0741668849
46 Zainul Arifin Jl. K.H. Zainul Arifin No. 25, Kel. Madras Hulu, 0614574034 (061) 4574022
Kec. Medan Polonia, Medan
47 Bandar Lampung Jl. Wolter Mongonsidi No. 15, Kel. Gotong 0721267445/ 0721267447 (0721) 267448
Royong, Kec. Tanjung Karang Pusat, Bandar
Lampung
48 Palembang Jl. Jend. Sudirman No. 16, Kel. 20 Ilir D.IV, 0711360548/ 0711361911 (0711) 360549
Kec. Ilir Timur I, Palembang
49 Bengkulu Jl. Jenderal Ahmad Yani No. 925, Kel. Jitra, 073627692 (0736) 28769
Kec. Teluk Segara, Bengkulu
50 Makassar Jl. Gunung Bawakaraeng No. 170-176, 0411458585
Kel. Barana, Kec. Makassar, Makassar
51 Parepare Jl. Sultan Hasanuddin No. 12 & 13, 042124582 (0421) 22943
Kel. Ujung Sabbang, Kec. Ujung, Parepare
52 Manado Jl. Dr. Samratulangi No. 100-102, 0431854102 (0431) 864401, 866615
Kel. Tanjung Batu, Kec. Wanea, Manado
53 Ternate Jl. Hasan Esa No. 87, Kel. Tanah Tinggi, 09213110787
Kec. Ternate Selatan, Ternate
54 Kendari Jl. Dr. Samratulangi No. 10, Kel. Mandonga, 04013123819 (0401) 3129111
Kec. Mandonga, Kendari
55 Palu Jl. Prof. M Yamin No. 114, Kel. Taturu Utara, 0451454565 (0451) 454054
Kec. Palu Selatan, Palu
56 Ambon Jl. Anthony Rhebok No. 41, Kel. Honipopu, 09113828453/
Kec. Sirimau, Ambon 09113839725
57 Jayapura Jl. Raya Abepura – Kotaraja No. 51A – 51B, 0967583246/ (0967) 531323
Kel. Wahno, Kec. Abepura, Jayapura 0967583245
BUSINESS PARTNER NETWORK
Total
Business Partner
Direct Appointment Tender
Individual
• Domestic 20 9
• Foreign 0 0
Institusional
• Domestic 178 215
• Foreign 14 3
Sub Total 212 227
108 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Membership
in Associations
Association Position
Indonesian Issuers Association Member
National Banks Association (PERBANAS) Member
Banking Compliance Director Communication Forum (FKDKP) Member
Payment Systems Association (ASPI) Member
Indonesian Corporate Secretary Association (ICSA) Member
Indonesia Sustainable Finance Initiative (IKBI) Member
Indonesia Business Coalition for Women Empowerment Member
Banking Operational Directors Communication Forum (FKDOP) Member
Chronology
of Shares Listing
The chronology of SMBC Indonesia’s shares listing on the Indonesia Stock Exchange is presented in the table below:
Date of Listing Corporate Action Nominal/Share (Rp) Exercise Price Additional Shares Total Shares
12 March 2008 Initial Offering 100 2,850 267,960,220 943,936,190
10 December 2010 Public Offering with 100 - 188,787,238 1,132,723,428
Right Issue I
28 March 2011 Stock Split 20 - - 5,663,617,140
14 March 2012 Additional Shares from 20 - 176,670,117 5,840,287,257
IFC Loan Conversion
23 May 2016 Shares Buy Back 20 - - 5,840,287,257
1 February 2019 Total Addition from 20 - - 8,148,916,869
BSMI Shareholder
26 August 2019 Fulfillment of Fee Float 20 3,600 400,000,000 8,148,928,869
Stock Terms
31 December 2019 MESOP 2015: - -
Stage I 20 - -
Stage II 20 - -
Stage III 20 - -
Stage IV 20 - -
Stage V 20 - -
Stage VI 20 - -
31 December 2021 MESOP 2016:
Stage I 20 2,617 10,670,600
Stage II 20 2,617 1,112,900
Stage III 20 2,617 12,000
Stage IV 20 2,617 3,000 8,148,931,869
Stage V 20 2,617 -
Stage VI 20 2,617 175,000 8,149,106,869
22 February 2024 Withdrawal of Treasury 20 - - 8,056,814,671
Stock
26 February 2024 Public Offering with 20 2,600 2,589,131,077 10,645,945,748
Right Issue II
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 109
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Company Profile
Chronology of Other
Securities Listing
Date of Rating
Name of Obligation Principle Value Interest Currency Maturity Date Rating Period
Issue 2025 2024
Public Offering of Shelf 8 July 114.755.000.000 7,00 IDR 5 July 2027 idAAA idAAA 7 March 2025 –
Registered Bonds V Bank 2024 1 March 2026
BTPN with Fixed Interest
Rate Phase I Year 2024
A Series
Public Offering of Shelf 8 July 240.305.000.000 7,10 IDR 5 Juli 2029 idAAA idAAA 7 March 2025 –
Registered Bonds V Bank 2024 1 March 2026
BTPN with Fixed Interest
Rate Phase I Year 2024
B Series
Public Offering of Shelf 18 429.910.000.000 6,70 IDR 17 Desember idAAA idAAA 7 March 2025 –
Registered Bonds V Bank December 2027 1 March 2026
SMBC with Fixed Interest 2024
Rate Phase Ii Year 2024
A Series
Public Offering of Shelf 18 966.505.000.000 6,95 IDR 17 Desember idAAA idAAA 7 March 2025 –
Registered Bonds V Bank December 2029 1 March 2026
SMBC Indonesia with 2024
Fixed Interest Rate Phase
II Year 2024 B Series
Public Offering of Shelf 3 670.650.000.000 6,10 IDR 2 September idAAA - 7 March 2025 –
Registered Bonds V Bank September 2028 1 March 2026
SMBC Indonesia with 2025
Fixed Interest Rate Phase
III Year 2025 A Series
Public Offering of Shelf 3 145.400.000.000 6,20 IDR 2 September idAAA - 7 March 2025 –
Registered Bonds V Bank September 2030 1 March 2026
SMBC Indonesia with 2025
Fixed Interest Rate Phase
III Year 2025 B Series
Public
Accounting Firm 2025
Name KAP Siddharta Widjaja & Rekan
(a member firm of KPMG International Limited)
Address Jakarta Mori Tower Lantai 35
Jl. Jend. Sudirman Kav. 40-41, Jakarta 10210
Telephone +62 (0) 21 574 2333 / 2888
Assignment Period Year 2025
Audit Services Provided Financial Statement Audit 31 December 2025
Fees*) Rp9,200,000,000
Non-Audit Services Provided Services for Agreed-Upon Procedures (AUP) to Meet Custodian Bank Regulations
Fees*) Rp85,000,000
Notes:
*)
excluding VAT and out-of-pocket
110 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Name and Address of Capital Market
and/or Supporting Institutions
INDEPENDENT AUDITOR TRUSTEE
Public Accountant Firm of Siddharta Widjaja & Rekan PT Bank Mega Tbk
(member of KPMG International) Menara Bank Mega
Jakarta Mori Tower 35th Floor Jl. Kapten P Tendean No. 12-14A
Jl. Jend. Sudirman No. 40-41 Jakarta 10210 Jakarta 12790 – Indonesia
Tel : +62 (0) 21 574 2333 / 2888 Tel : +62 21 791 75000
Fax : +62 (0) 21 574 1777 / 2777 Fax : +62 21 799 0720
SECURITIES ADMINISTRATION BUREAU NOTARY & PPAT
PT Datindo Entrycom Ashoya Ratam, SH, MKn
Jl. Hayam Wuruk No. 28 Jakarta 10120 Kota Administrasi South Jakarta
Tel : +62 21 350 8077 (Hunting) Jl. Suryo No. 54 Jakarta 12180 – Indonesia
Fax : +62 21 350 8078 Tel : +62 21 2923 6060
Fax : +62 21 2923 6070
SECURITIES RATING AGENCY
PT Fitch Ratings Indonesia
DBS Bank Tower, 24th Floor, Suite 2403
Jl. Prof. Dr. Satrio Kav 3-5 Jakarta 12940
Tel : +62 21 2988 6800
Fax : +62 21 2988 6822
PT Pemeringkat Efek Indonesia (PEFINDO)
Equity Tower 30th Floor
Sudirman Central Business Disctrict Lot 9
Jl. Jenderal Sudirman Kav.52-53
Jakarta 12190 - Indonesia
Tel : +62 21 509 684 69
Fax : +62 21 509 684 68
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Company Profile
Information on
Company Website
Information contained in SMBC Indonesia’s website
complies with the provisions setforth in the Financial
Services Authority Regulation No. 8/POJK.04/2015
regarding the Website of Issures or Public Companies.
All information may be accessed by public through the
website www.smbci.com.
112 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Information available, among others, incude the following:
Information Link
About Us https://www.smbci.com/en/tentang-kami
• Our Story
• Management
• Vision, Mission, and Values
• Daya
• Sustainability
• Business Segments
• Contact Us
• BTPN Syariah
Products and Services https://www.smbci.com/en/produk-dan-pelayanan/simpanan
• Savings
• Loan
• Banking Transactions
• Investment Products and Bancassurance
• Treasury Solution & Financial Market
• Tarrifs & Fees of Products and Transactions
• Branch Product & Service Info
News and Media https://www.smbci.com/en/berita-media
• Press Release
• Events
• Customer Success Story
• Blog
• Financial Education
Career https://www.smbci.com/en/karir
Investor Relation https://www.smbci.com/en/hubungan-investor
• Publication on Risk Exposure & Capitalization by Category
• Annual Report and Sustainability Report
• Financial Statement
• Financial Highlights
• Leverage Ratio & Capital Disclosure Based on Basel III
• Info Investor & Public Expose
• Shareholders Composition and Group’s Organizational
Structure
• Annual General Meeting
• Corporate Governance
• Disclosure Information
• Corporate Action
• Supporting Institution and Professionals
• LCR & NSFR Report
Interest & Exchange Rate https://www.smbci.com/en/prime-lending-rate/kurs
https://www.smbci.com/en/prime-lending-rate/suku-bunga-
• Exchange Rate dasar-kredit
• Prime Lending Rate
Governance https://www.smbci.com/en/governance
• Management
• GCG Structure
• Annual General Meeting
• Disclosure
• Reports
• ASEAN Scorecard
SMAR&TS https://finglobelogin.smbc.co.jp/AuthServer/AuthRequest
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 113
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Management Discussion and Analysis 114 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management
Discussion
and Analysis
Economic and Banking Industry 116 Material Information and Facts 146
Review Occurring After The Reporting Date
Economic Review 117 Targets, Realizations, and Projections 147
Banking Industry Review 118 Business Prospects 147
Performance Review by Business 120 Dividend 147
Segment Long-Term Compensation: Employee 148
Retail Banking 121 and Management Stock Ownership
Jenius 122 Program
Retail Lending Business 124 Realization of Use of Proceeds from 148
The Public Offering
Wealth Management Business 127
Material Information on Transactions 149
Business Banking 128 Related to Investment, Expansion,
Corporate Banking 129 Divestment, Acquisition, and Debt/
Capital Restructuring
Treasury 133
Material Transactions Containing 149
Sharia Banking 135 Conflict of Interest and/or
Profitability by Business Segment 137 Transactions with Affiliated/Related
Financial Performance Overview 138 Parties
Financial Balance Sheet 139 Transaction Review and Approval 151
Policy
Profit and Loss Performance 143 Changes in Legislations that Have 152
Cash Flow 143 Significant Impact
Ability to Pay Debt 144 Changes in Accounting Policy 153
Prime Lending Rate 145 Compliance As Taxpayer 153
Capital Structure 145 Marketing Aspect 154
Material Commitments Related to 146 Marketing Strategy 155
Capital Goods Investments
Market Share 157
Realization of Capital Goods 146
Investment
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Management Discussion and Analysis
Economic and Banking
Industry Review
The global economy was still in the adjustment
phase, due in part to the impact of the United States’
reciprocal tariff policy. This situation continued to
create uncertainty, leading to greater protectionism
than ever.
116 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Economic growth Banking third party funds
in 2025 YoY growth in 2025 YoY
5.11% Rp 9,899.1 trillion
National economic growth, higher than As of November 2025, the Financial Services Authority
5.03% in the previous year. (OJK) recorded a growth of 12.03% (yoy) in third-party
funds for commercial banks .
ECONOMIC REVIEW Amidst the unstable global situation, the Indonesian
economy was still able to grow positively in 2025. The
In its January 2026 report, “World Economic Outlook: Central Statistics Agency (BPS) recorded a growth of
Steady amid Divergent Forces”, the International 5.11% year-on-year (yoy) in Gross Domestic Product
Monetary Fund (IMF) revealed that the global economy (GDP) in 2025, higher than the previous year, which
has continued to be remarkably resilient, adapting to stood at 5.03%.
the shifting landscape and with momentum varying
across countries and sectors, against the backdrop In terms of expenditure, household consumption
of stabilizing trade tensions and supportive financial remains the largest contributor, accounting for 53.88%
conditions. of GDP. This component grew by 4.98% yoy. Meanwhile,
investment, or Gross Fixed Capital Formation (GFCF),
Global growth is forecasted to hold steady at 3.3% which contributes 28.77% to GDP, grew by 5.09%.
in 2026 and 3.2% in 2027. While a cooling high-tech
sector may lose some of its recent speed, it should In terms of business sectors, the manufacturing industry
still provide enough of a boost to counter sluggishness remains the largest contributor to GDP. In 2025, its
in other areas. Furthermore, the negative impact of contribution reached 19.07%, with year-on-year growth
tariffs and market uncertainty is expected to gradually of 5.30%. Wholesale and retail business sector, including
diminish throughout the next two years, allowing the car and motorcycle repair, remains the second-largest
broader economic recovery to take a firmer hold. Within contributors to GDP, contributing 13.17%. This sector
advanced economies, growth is anticipated to reach recorded growth of 5.49%.
1.8% in 2026 before settling at 1.7% the following year.
Meanwhile, the financial services and insurance sector
recorded growth of 3.96%. This sector contributed 4.11%
to the GDP.
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Management Discussion and Analysis
Economic and Banking Industry Review
Development of Several Economic Indicators
Indicator Unit 2025 2024 2023
National GDP Growth (%, (yoy)) 5.11 5.03 5.05
GDP Per Capita (USD) – Nominal 5,083.4 4,960.3 4,919.7
External Current Account % of GDP (0.01) (0.62) (0.15)
Central Government Debt % of GDP 39.9 39.7 38.11
Foreign Exchange Reserves-IRFCL (USD Billion) 150.1 155.7 146.4
Foreign Exchange Reserves Capacity (Number of months of imports and 6.0 6.5 6.5
external debts)
BI Interest Rate Policy (% year-end) 4.75 6.0 6.0
Consumer Price Index (% year-end) 2.72 1.57 2.61
Fiscal Balance (% of GDP; Fiscal Year) (1.56) (2.29) (1.65)
S&P Rating – Foreign Currency - BBB BBB BBB
BANKING INDUSTRY REVIEW
Throughout 2025, Bank Indonesia (BI) was recorded to have cut its benchmark interest rate, or BI Rate, five times. The
first cut was in January by 25 basis points, bringing the rate down to 5.75%. The second was in May, from 5.75% to
5.50%. Subsequently, the Central Bank decided to lower the rate to 5.25% in July, followed by another cut to 5.00% in
August. The final interest rate reduction in 2025 took place in September, when the BI Rate was reduced to 4.75%.
The reduction in Bank Indonesia’s benchmark interest rate has not impacted lending performance of banking
significantly. As published by the Financial Services Authority (OJK), lending growth as of December 2025 was 9.69%
year-on-year. In comparison, lending grew by 10.39% in December 2024.
Nevertheless, gross Non-Performing Loan (NPL) ratio remained properly maintained at 2.05%, while the net NPL stood
at 0.79%.
On the other hand, Third-Party Funds (TPF) were recorded to grow by 13.81%, significantly higher compared to the
previous year, which grew by 4.48%.
Liquidity of the banking industry remained adequate in December 2025, with the Liquid Assets to Non-Core Deposits
(LA/NCD) and Liquid Assets to Third-Party Funds (LA/TPF) ratios were at 126.15% and 28.57%, respectively. These
figures are still above the threshold of 50% and 10%, respectively.
Meanwhile, the Liquidity Coverage Ratio (LCR) stood at 200.97%. Furthermore, the Loan‑to‑Deposit Ratio (LDR) was
posted at 83.37%.
Conventional Commercial Bank Performance
Indicator Unit 2025 2024 2023
Capital Adequacy Rasio (CAR) % 25.9 26.7 27.7
Net Interest Margin (NIM) % 4.7 4.6 4.8
Loan to Deposit Ratio (LDR) % 85.4 88.6 83.8
Non-Performing Loan (NPL) % 2.1 2.1 2.2
Special Mention (SM) % 3.9 4.2 4.3
Loan Growth % 9.7 10.4 10.4
Deposit Growth % 13.8 4.5 3.7
Net Profit After Tax Rp Triliun 326.7 255.2 243.3
118 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management
Analisis dan Pembahasan
Discussion and
Manajemen
Analysis
Performance Review
by Business Segment
The Bank continues to advance its strategic agenda
to build a strong foundation for future growth
through the development of new business lines.
These initiatives are executed both internally and
by optimizing synergies with SMBC Indonesia as the
parent bank, particularly through the exploration
of closer strategic partnerships. These efforts are
intended to strengthen the Bank’s competitive
position in the market while driving sustainable
growth in an evolving and increasingly challenging
environment.
120 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Registered Users of Jenius Corporate Banking
5.89% Rp 105.4 trillion
Jenius’ registered users reached 6.3 million Total financing disbursement in the corporate banking
in 2025, an increase of 348.9 thousand segment grew 6.54% compared to the previous year,
compared to 2024. reaching Rp105.4 trillion.
RETAIL BANKING transactions, and strengthening collaboration within
the SMBC group.
The Retail Banking business segment of PT Bank SMBC 2. Developing the Jenius application as a digital
Indonesia Tbk (“SMBC Indonesia”, “Bank”) has several platform for various business areas in Retail
main business units, namely Digital Banking through Banking, such as enhancing the digitalization of
Jenius, Wealth Management Business and Retail investment product offerings. In addition, the
Lending Business, which includes the Pension Business, Bank continues to strengthen its payment system
Micro Business, and Joint Finance. These business service capabilities through Jenius.
units offer a wide range of products and services, both 3. Developing end‑to‑end process digitalization
conventional and digital. on a continuous basis, particularly in credit
policy, underwriting processes, as well as fraud
As a dynamic business, Retail Banking will continue management.
to adapt to evolving market conditions, particularly to 4. Driving the growth of Third-Party Funds through
enhance the growth of its lending, funding, and wealth time deposits and savings products, while
product portfolios. These efforts are being continuously strengthening investment product offerings in
pursued through the development of innovation and digitally supported retail businesses.
along with continuous enhancements in digitalization 5. Participate in increasing diversification of retail loan
and branding. products, adding CASA products, and community-
based acquisitions and partnerships.
Retail Banking will also increase participation within 6. Balancing interest-based and non-interest
the online/offline ecosystem, providing additional new income growth, as well as good portfolio quality
products and investments to support growth in the management, in order to achieve the expected
customer base. In addition, these initiatives will also profitability.
increase transactions and fee-based income.
Performance Achievement
Initiatives and Strategies in 2025 In 2025, Third Party Funds (TPF) posted by SMBC
Throughout 2025, the initiatives and strategies Indonesia reached to Rp47.9 trillion, grew by of 2.4%
implemented by the Retail Banking business segment compared to Rp46.8 trillion in 2024. Meanwhile, lending
included: to the retail business declined compared to the previous
1. Increasing the usage and loyalty of banking year, primarily due to the Pension business, driven by a
services, for example through gamification features, new policy by PT Taspen (Persero).
providing easy access to travel & international
2025 Retail Banking Operational Performance
Description Unit 2025 2024 2023
Third-Party Funds (Rp Trillion) 47.9 46.8 37.9
Loans (Rp Trillion) 30.5 32.2 26.7
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Management Discussion and Analysis
Performance Review by Business Segment
Strategic Plan for 2026 2025 Initiatives and Strategies
Overall, in 2026, Retail Banking will continue several Several initiatives and strategies of the Jenius business
initiatives that were implemented in the 2025 financial line that have been realized include:
year to build business sustainability, including: 1. Launch of the s-Card, an additional credit card
1. Enhancing the development of comprehensive s-Card is a supplementary credit card offered
products and services by strengthening foreign by Jenius that was introduced in May 2025. The
currency proposition, credit card and transaction Bank may issue up to 5 (five) additional cards for
volumes, and other investment products, both every 1 (one) applicant, which can be given to
through branch offices and features on the digital trusted individuals. These supplementary cards are
platform. available in both physical and virtual forms. s-Card
2. Strengthening sales and acquisition management provides convenience for both the cardholder and
through advisory skills training, including but not the card recipients to manage cash flow, including
limited to the addition of digital-based tools for transactions, limit management, card usage control,
Relationship Managers in offering, sales products and accelerating the accumulation of Yay Points
and services that are tailored to customer needs. from every transaction.
3. Expanding cooperation with strategic business
partners both domestically and internationally 2. Maxi Saver Jenius available for USD, GBP, CNY,
to strengthen the digital banking ecosystem SGD, AUD, and EUR
by utilizing artificial intelligence technology and Maxi Saver on Jenius offers a foreign exchange (FX)
international benefits through an integrated service time deposit feature with 6 (six) currency options:
network. USD, SGD, CNY, EUR, AUD, and GBP, allowing users
4. Maintaining a healthy credit portfolio quality to save with competitive interest rates of up to 4%
by applying the prudent principles through a per annum (per annum/p.a.), with flexible tenors
risk-based approach, development of system (3-6 months for forex), and varying initial deposits
capabilities, and collection strategies. depending on the currency, making it a practical
5. Implementing cost management discipline through FX deposit option that can be accessed directly
resource optimization, including infrastructure to through the Jenius app.
increase productivity, and generate more effective
and efficient costs. 3. The Saudi Arabian Riyal foreign currency is now
available on Jenius
The SAR (Saudi Riyal) is the currency of the
JENIUS Kingdom of Saudi Arabia, and Jenius supports it as
one of 10 foreign currencies that can be activated,
Jenius is a business unit in the Retail Banking business exchanged, and used for transactions 24/7. This
segment of SMBC Indonesia that provides digital service is very useful for needs such as Umrah/ Hajj,
banking services. The Jenius digital banking platform with real-time exchange rates that can be checked
can be accessed via Android or iOS-based smartphone directly in the Jenius app. Users can activate SAR
applications. through the Foreign Currency menu in the Jenius
app for savings, transfers (remittances), or conduct
With Jenius, customers can manage their lives and transactions, with added conveniences such as ATM
finances in a simple, smart, and secure digital way. cash withdrawals and offline/online transactions
Jenius offers a revolutionary and unthinkable banking without currency conversion fees.
experience for customers through diverse features
that can be accessed anywhere and anytime. From 4. Convenient transactions with QRIS Cross Border
transactions, savings, investments, to priority services, in several countries
everything is available within the app without the need Jenius QRIS Cross Border is an innovative
to visit a branch. Furthermore, Jenius is available for both feature that allows Jenius customers to conduct
personal and business needs. transactions overseas (such as in Japan, Malaysia,
Thailand) by scanning merchants’ QR codes (such
Jenius is also equipped with Debit Card and Credit Card as JPQR, DuitNow, PromptPay) using the Jenius
features powered by the Visa network, allowing them application, directly deducting rupiah balances at
to be used for both online and offline transactions
worldwide in a simple, smart, and secure manner.
122 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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competitive rates, without the need to exchange enabling them to record sales, monitor business
cash or manual currency conversion, making performance, and grow their businesses with simple
payments while traveling much more convenient. cashier features, real-time payment notifications,
and branch management.
5. Credit card as funding source for QRIS payments
Currently, Jenius allows users to pay for QRIS 2025 Performance Achievements
transactions using their Jenius credit card as By the end of the 2025 fiscal year, Jenius customers
the funding source. This service makes it easier reached 6.3 million, representing a 5.9% increase
for users to consolidate daily spending into one compared to 2024. Meanwhile, Third-Party Funds (TPF)
monthly bill, such as at restaurants or street food reached Rp32.8 trillion, an increase of 11.2% compared
outlets, simply by selecting the credit card as the to the previous year.
funding source when scanning the QRIS.
Financing disbursement in 2025 reached Rp3.7 trillion
6. Jenius strengthens its business capabilities in 2025, an increase of 9.8% compared to the previous
through Bisniskit year. QRIS transaction volume in 2025 increased
Jenius Bisniskit is a free add-on application from by 42.9% compared to 2024. The number of QRIS
Jenius that is specifically designed to assist transactions in 2025 increased by 37.9% compared to
business owners in managing daily business 2024.
operations, such as receiving QRIS payments,
managing inventory, recording transactions, and The volume of foreign currency buy & sell transactions
managing employees, which is separated from on the Jenius app in 2025 increased by 8.2% compared
the main Jenius application for personal financial to 2024. Meanwhile, the number of foreign currency buy
needs. This application aims to simplify operations & sell transactions on the Jenius app in 2025 increased
for Micro, Small, and Medium Enterprises (MSMEs), by 3.9% compared to 2024.
2025 Jenius Product Performance
Description Unit 2025 2024 2023
Registered Users People 6,274,560 5,925,640 5,238,842
Third-Party Funds (Rp Million) 32,781,803 29,487,721 25,491,621
Lending (Rp Million) 3,664,406 3,338,170 2,210,521
Strategic Plan for 2026 seamless experience. Specifically for Android users,
1. Integration of Jenius and Visa services for credit a new QRIS Tap feature will be added, allowing
cards customers to conduct transactions simply by
Development of service integration between tapping their device.
Jenius and Visa enables Jenius credit card holders
to choose installment payment options at a wider 4. x-Card for those who are not yet Jenius users
range of participating merchants/ partners, offering To facilitate managing shared spending with
convenience for customers in managing their cash trusted individuals who do not yet have a Jenius
flow according to their needs. account (spouse, child, household assistant, and
others), the x-Card, Jenius’ supplementary debit
2. New foreign currency on Jenius: Turkish Lira card, will be equipped with application access for
The addition of the Turkish lira as the 11th foreign access recipients. As a result, access recipients will
currency. This addition aims to expand the be able to view their x-Card balance and conduct
convenience of foreign currency transactions for transactions using QRIS directly from their Jenius
customers, allowing them to enjoy conversion-free app.
transactions and various other convenient foreign
currency features. 5. Development of a more comprehensive Biller list
The development of Jenius Pay Bills services
3. Strengthening QRIS capabilities on Jenius enables customers to pay bills or purchase
As QRIS continues to become an increasingly vouchers from a wider range of merchants and
everyday transaction method, we are continuously partners. Jenius has added various merchants
enhancing its capabilities. In addition to scanning and partners, including game vouchers, streaming
and uploading QR codes, customers will be able to services, BPJS Employment, BPJS Health, and
display QR codes during transactions for a more others.
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Management Discussion and Analysis
Performance Review by Business Segment
RETAIL LENDING BUSINESS 2025 Initiatives and Strategies
SMBC Indonesia’s Retail Lending Business (RLB) Pension Business
provides services and access to funding for both Pension Business, as a partner of PT Taspen (Persero),
consumptive and productive purposes for individual PT Asabri (Persero), and SOE Pension Funds, continues
customers. This business line consists of 3 (three) to strive to improve and maintain the quality of service
service units, namely: in terms of Pension Benefit payments by adhering to
the principles:
Pension Business 1. Right person
This unit provides pension benefit payment services 2. Right time and right amount
through Citra Pensiun savings accounts with various 3. Right administration
features and conveniences, and is specifically designed for
pension customers. Services are provided through various The position of strategic partner of PT Taspen (Persero)
SMBC Indonesia channels, such as branch networks, remains unchanged, despite PT Taspen (Persero)
SMBC Indonesia ATMs, ATM Bersama, ATM PRIMA, and the implementing policy changes regarding banks
Indonesian Post Office network. designated as payment offices for pension benefit
payments. Furthermore, Pension Business has long
Meanwhile, for loan products, the ones provided are considered PT Pos Indonesia as a strategic partner. One
multipurpose loan products that can be used for all kinds of scope of this collaboration includes the deduction of
consumer needs by active, pre-retirement, and retirement installment payments for customers with pension loans.
employees. This product is tailored to the capabilities and
needs of each customer. In relation to the provision of financing facilities through
consumer credit products, the Pension Business
As part of its service innovation initiative, the Retail Lending undertook several initiatives in 2025, including:
Business has developed the Jenius Daya application. This 5. Continuing its efforts to deliver services to
application is used by Pension Business customers to customers through various conveniences, Pension
conduct banking transactions. Business has further simplified and streamlined
its credit requirements. In addition to providing a
Micro Business better customer experience, this initiative was also
This business unit focuses on service and credit undertaken to comply with consumer protection
provision to productive economic actors in the micro principles.
and small sectors and their communities in Indonesia. 6. Together with insurance partners, Pension Business
This business unit provides 2 (two) service products: has also improved the insurance process for
Maxi Micro (secured loans) and Digital Micro products customers applying for loans. Starting in 2025, the
(digital-based unsecured loans). insurance coverage process can be conducted
on a paperless basis, thereby accelerating the
Joint Financing Business insurance approval process and mitigating the risk
This business unit focuses on service and credit of customers not being covered by insurance.
provision to individual debtors and business entities 7. In response to the policy changes implemented
through cooperation with multifinance and fintech by PT Taspen (Persero), Pension Business has
companies. SMBC Indonesia provides 2 (two) forms of undertaken several measures to safeguard
cooperation services in the form of joint financing and the condition and quality of the loan portfolio.
channeling. Leveraging its partnership with PT Pos Indonesia,
Pension Business has implemented a number of
Joint financing is a form of bank credit distribution enhancements in both processes and oversight
to customers who cooperate with multifinance to maintain acquisition levels while continuing to
companies, with certain terms and conditions, and a mitigate risks.
portion of financing that has been mutually agreed 8. To expand the credit portfolio in the TNI/Polri retiree
upon. Meanwhile, channeling is a form of bank segment, Pension Business has also implemented
credit distribution to customers who cooperate with several initiatives, including tactical programs,
multifinance or fintech companies. Certain terms and exhibitions, and socialization events.
conditions, and all financing funds come from SMBC
Indonesia.
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Micro Business Joint Finance Business
Various strategies have been implemented to address Joint Finance Business continues to focus on the growth
the challenges throughout 2025, including: of its existing multifinance and fintech companies while
1. Accelerating Micro Business growth by ensuring that portfolio quality remains well-maintained.
strengthening competencies and improving To achieve these targets, the following strategies have
human capital productivity, by optimizing the sales been implemented:
models that are aligned with market potential and 1. Establishing closer relationships with existing
conditions to ensure the quality of service and partners with the aim of expanding business growth
sustainable business growth. through the supply chain ecosystem.
2. Continuing the development of Micro Business
customer capabilities through business mentoring 2. Monitoring the portfolio intensively and periodically
programs, training, and webinars supported by regarding the product variations of each partner
Daya.id from SMBC Indonesia, aimed at enhancing in order to manage the portfolio’s concentration
business capacity and sustainability. risk on certain products and assess the quality/
3. Maintaining portfolio quality through a disciplined performance of the partner.
community-based approach by considering 3. Monitoring and observing the financing market
geographic coverage and the suitability of the conditions carried out by cooperation partners to
financing model to the customers’ business needs be able to monitor the business development of
and operating cycles. business partners.
4. Optimizing the digital micro platform for supply 4. Updating acquisition fees for multifinance/ fintech
chain financing through collaboration with partners partners in line with the Bank’s assessment results
(distributors) with their retail networks to expand based on the level of financing risk.
MSME access to financing while enhancing control 5. Continuing to develop the capabilities of the
over portfolio quality. bank’s application system to be able to meet the
5. Developing cross-business unit collaboration in operational needs of cooperation partners.
building a supply chain-based micro-financing
ecosystem as a new and sustainable source of Performance Achievement
growth.
6. Accelerating the transformation of business Pension Business
processes through the development of an In 2025, the total number of Pension Business
application process system (Loan Originating customers reached 321,923, a decrease of 23.6%
System - Chronos) to ensure that the end-to- compared to 421,679 in 2024. The decrease is primarily
end process of application, analysis and financing due to the transfer of pensioner salary accounts to PT
approval is carried out accurately and in accordance Pos Indonesia due to policy changes implemented by
with the expected timelines. PT Taspen (Persero).
7. Developing a range of micro-financing programs
tailored to the needs of each segment, Meanwhile, managed third-party funds (TPF) amounted
through periodic evaluation and refinement of to Rp1,271 billion, a decrease of 44.3% compared to
business models, to enhance the relevance and 2024. The funding portfolio amounted to Rp19,681
competitiveness of financing solutions. billion, a decrease of 8.7% compared to 2024.
Kinerja Operasional Pension Business Tahun 2025
Description Unit 2025 2024 2023
Customers People 321,923 421,679 446,937
Third-Party Funds (Rp Billion) 1,271 2,282 2,155
Lending (Rp Billion) 19,681 21,564 22,222
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Management Discussion and Analysis
Performance Review by Business Segment
Micro Business
In 2025, Micro Business initiatives and strategies were focused on accelerating sustainable business growth by
strengthening the microfinancing ecosystem, optimizing digital transformation, and improving the quality of the
credit portfolio. These measures were undertaken to ensure that business expansion remained balanced with risk
management, while simultaneously expanding access to financing for MSMEs in a measured and efficient manner.
2025 Micro Business Operational Performance
Description Unit 2025 2024 2023
Customers People 12,746 13,190 13,929
Lending (Rp Million) 1,691,452 1,827,048 1,306,173
Joint Finance Business
In 2025 the performance strategy for the Joint Finance business focused on strengthening the quality of credit
portfolio, despite challenges in the automotive and productive fintech industries. This has resulted in a slight decrease
in outstanding loans compared to 2024.
Joint Finance Business Operational Performance in 2025
Description Unit 2025 2024 2023
Customers People 346,597 354,718 158,325
Lending (including OTO & SOF) (Rp Million) 5,543,613 5,569,352 1,140,648
Strategic Plan for 2026
Pension Business
Strategy Description
Portfolio Monitoring 1. One of the factors that influences the bank’s soundness and profitability is the credit cost
component.
2. The increasingly fierce level of competition must be balanced with adequate risk mitigation.
Maintaining existing portfolio Programs and policies that are continuously implemented and developed to retain existing customers.
Optimization of acquisition costs 1. Increasingly fierce level of competition is driving interest income lower, making it necessary to
pursue alternative initiatives to maintain the bank’s profitability.
2. Current technological advancements enable the adoption of new methods and technologies to
process loan applications.
Development of new sales 1. As a response to anticipate policy changes at one of the Pension Funds (Dapen), strategic measures
channels are required to offset the impact of such policy changes.
2. Experience and knowledge in the pension business will be leveraged to build strategic partnerships
with other parties.
Optimizing Dapen partnerships 1. Acquisition capabilities will be maintained by leveraging the Bank’s strategic positions through
partnerships with other large Pension Funds, such as ASABRI and SOE Pension Funds.
2. Programs and policies designed to drive the optimization of acquisitions within the Pension Funds
Micro Business
Micro Business focuses on providing services and extending credit to productive economic business actors and their
communities in Indonesia, with an emphasis on sustainable growth, strengthening portfolio quality, and expanding
financial inclusion.
Micro Business offers two main financing solutions, namely Maxi Micro as secured financing to strengthen business
capacity, and Digital Micro as a digital-based financing platform developed using a Supply Chain Financing approach
to expand access to capital for MSMEs.
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Joint Finance Business
Strategy Description
Business Performance 1. To address potential macroeconomic challenges, the bank needs to manage its existing cooperation
Management partners. Particularly, partners with strong performance at SMBC Indonesia can selectively increase
their financing volume based on the quality of the loans managed by the partners.
2. Exploring new forms of cooperation with other cooperation partners while still paying attention to
existing OJK provisions/regulations.
3. Carrying out proportional financing cooperation, including the selection of product variations in
cooperation with partners, in order to avoid the risk of portfolio concentration on certain products
and/or cooperation partners.
4. Conducting periodic meetings with partners to discuss the performance of the portfolio managed
by the Bank and implementing joint follow-up between partners and the Bank. These efforts aim
to maintain the quality of the Joint Finance portfolio, including but not limited to reviewing the
determination of caps and triggers and reviewing the Partner’s financial performance, as well as
conducting periodic sampling visits to clients of cooperation partners.
Financing Program Continue to explore financing programs that have been carried out by partners to be financed by SMBC
Indonesia by considering the volume of financing and the quality of ongoing financing in partners
System and Process 1. Continue developing the system to be able to meet the needs and operational services of partners.
Optimization 2. Coordinate and cooperate with the Bank’s operational team on new operational processes that took
place in partners.
WEALTH MANAGEMENT BUSINESS 2. Development of Wealth Management products,
including:
Wealth Management Business is one of the business a. The addition of 1 investment manager, namely
units in Retail Banking that serves affluent individual Sucorinvest Asset Management, along with the
customers, focusing on improving funding and launch of 4 new mutual fund products.
investment products and exclusive services through b. Addition of 2 sharia mutual fund products from
Sinaya Prioritas, available at 58 SMBC Indonesia Syailendra Capital.
branches across 37 cities. Services can also be accessed
through a digital platform (Jenius), which provides 3. Becoming a distribution partner for the initial public
transaction flexibility anytime and anywhere. offering of government bonds for retail investors,
which can be ordered through the microsite esbn.
2025 Initiatives and Strategies smbci.com, namely:
Throughout 2025, in line with the Bank’s business plan, a. Sukuk Negara Retail (SR022).
the WMB unit has implemented a number of strategic b. Sukuk Negara Retail (SR023).
initiatives, namely: c. Retail Bonds (ORI018).
1. Development of features for investment and d. Sukuk Tabungan (ST015).
bancassurance products in the Jenius application,
including: 4. The addition of digital service benefits for continued
a. Launched Government Secondary Bonds and with the integration of the priority loyalty program
Government Primary Bonds. through Jenius Yay Points.
b. Launched Modul Penerimaan Negara (MPN).
This module functions to facilitate state Performance Achievement
revenue payment transactions, including By the end of the 2025, the number of Priority customer
purchase of government primary bonds, taxes, reached 21.193, representing an 8% increase compared
customs duties, and non-tax state revenue. to 2024.
c. USD-denominated Mutual Fund transaction.
d. Addition of 3 (three) digital-based Total investment funds reached IDR 9.6 trillion, reflecting
bancassurance products, namely Zurich Travel a 26% growth year-on-year.
Guard, Zurich Visa Protection and PruLindungi
Syariah.
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Management Discussion and Analysis
Performance Review by Business Segment
Wealth Management Product Performance
Description Unit 2025 2024 2023
Number of Customers People 21.193 19.538 16.200
Investment Products Rp Billion 9.600 7.621 6.653
Strategic Plan for 2026 BUSINESS BANKING
In 2026, WMB will carry out the following product and
service enhancement plans: SMBC Indonesia’s Business Banking business segment
1. Continuing enhancement of digital services for offers complete products and services, from credit and
Sinaya Prioritas Customers, including but not funding to other banking services and training. The main
limited to: needs of Business Partners’ business activities are the
a. Development of new features in the timeliness and availability of working capital at all times
Jenius application to enhance transaction in running their business cycles, the need for access
convenience and provide education on to markets, sustainable and long-term relationships
products and services. with suppliers, and the need to improve business
b. Additional digital-based service benefit for competencies and information.
Priority Customer.
c. Enhanced digital tools for Relationship Business Banking answers these needs by providing a
Managers in advisory, sales and service “3 in 1” financial package which includes:
processes. 1. Development of banking products and transactions
tailored to customer needs.
2. Additional investment products, including but not 2. Development of supply chain products to answer
limited to the addition of investment manager market access needs supported by the system.
partners, mutual fund products, addition of 3. Capacity building and business development
bancassurance products and bond products, as well programs for customers.
as actively becoming a partner in the initial offering
of government bonds for retail investors. In addition, Business Banking has developed an
electronic channel through Digital SME, which
3. Additional benefits of Prima customer, including but currently has digital capabilities for funding, payments,
not limited to transactional and non-transactional transactions, and simple cash management.
services that are provided through third parties, by
presenting Layanan Virtual Prioritas.
4. Enhanced of Relationship Manager advisory
capabilities, including but not limited to the addition
of tools to assist Relationship Managers in delivering
advisory, sales and services.
128 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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2025 Initiatives and Strategies 5. Continuing strategic cooperation through the
A number of initiatives and strategies developed development of supply chain products and other
throughout the fiscal year to improve Business Banking institutions/ businesses to build a partnership
performance include: ecosystem to address the need for market access
1. Increasing business growth through optimization of supported by the system.
the Bank’s service team/ branch office network, as
well as electronic channels through the TOUCHBIZ
application. CORPORATE BANKING
2. Continuing to develop features in the TOUCHBIZ
application, both in terms of funding services and The Corporate Banking (corporate) business segment
financing access, to support increased customer consists of Japanese corporate and non-Japanese
transactions and operations as well as growth in the corporate business lines. The non-Japanese corporate
number of new customers. business line serves large Indonesian and multinational
3. Expanding services and products in foreign company customers (MNC), financial institutions (FI),
currencies, both in the form of savings and loan and commercial banking. Meanwhile, the Japanese
products (including trade finance). corporate business line serves large Japanese and
4. Continuing internal collaboration to provide Korean corporate customers, with the majority of
comprehensive cash management products and the company’s ownership being Japanese or Korean
services as one-bank solutions. entities.
5. Continuing strategic cooperation through supply
chain schemes and other institutions/ businesses The services provided by this segment include financing,
to establish a partnership ecosystem to attract fundraising, and cash management. In the financing
potential customers for both savings and loans. sector, SMBC Indonesia is not limited to short-term
working capital financing, but also medium and long-
Performance Achievement term investment financing in rupiah and foreign
By end of 2025, the total number of customer currency denominations.
accounts served by Business Banking reached 3,200
customers. Financing disbursement in 2025 amounted The corporate segment also actively participates
to approximately Rp13 trillion. This represents a 6.1% in syndicated financing, especially infrastructure
decrease compared to Rp14 trillion in 2024. projects; new renewable energy; financing related
to Environment, Social, Governance (ESG), including
Strategic Plan for 2026 green financing; and supporting industries, including
A number of strategic initiatives to support business export-supporting industries, which are in line with
growth in 2026 include: the Indonesian government’s development program.
1. Continuing business growth through the Supporting services are also continuously improved,
optimization of the Bank’s service team/ branch such as trade finance and foreign exchange.
office network, as well as electronic channels
through the TOUCHBIZ application. In the field of fundraising, the Bank provides corporate
2. Developing features and optimizing the TOUCHBIZ account services in the form of current accounts,
application, both in terms of funding services including cash management. This current account
and access to financing, to support increased service can be accessed through digital technology,
customer transactions and operations, growth in ensuring that it does not limit the customer’s space and
the number of new customers, and providing more time.
comprehensive access to loan information and
services to support customer business operations. In terms of Environment, Social, and Governance
3. Expanding services and products in foreign (ESG), the corporate segment has provided a Carbon
currencies, both in the form of savings and loan Calculator feature for corporate customers. The
products (including trade finance) to support the corporate segment continues to promote the use of
go international and cross-border transactions this feature by customers to support more effective
propositions. recording and monitoring of carbon emissions. In
4. Improving internal collaboration based on a addition to functioning as a tool for measuring and
customer centricity approach to providing holistic recording carbon emissions, this feature also provides
products and services to customers. valuable insights to encourage more sustainable
decision-making, enhance awareness of environmental
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 129
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Management Discussion and Analysis
Performance Review by Business Segment
impacts, and support the achievement of the administrative functions for investment products,
Company’s ESG (Environment, Social, and Governance) managed by Investment Managers, and the addition of
targets. The use of this feature also contributes to interface functions between the custodian system and
the national commitment to achieving the Net Zero the KSEI system. This initiative aims to provide more
Emissions target by 2060, through transparency, efficient and effective services for custodian service
accountability, and behavioral change towards a low- users.
carbon future.
Development of ESG-related products, including green,
Through close collaboration between units, the social, sustainability-linked loans, and blended finance.
corporate segment is focused on expanding its The objective is to help in promoting sustainable finance
customer portfolio. At the same time, targeted initiatives across various sectors as a form of support for achieving
are also expected to drive the implementation and Indonesia’s Nationally Determined Contributions (NDC)
growth of host-to-host and payroll services, further achievement and in line with SMBC Group’s strategy to
strengthening the value-added offering to corporate achieve net-zero emissions.
clients.
Taking a proactive approach to capturing potential
2025 Initiatives and Strategies foreign direct investment opportunities from Japan
In general, the implementation of the 2025 initiatives that will enter Indonesia, as well as organizing business
and strategies represents a continuation of the matching events and other initiatives to connect
achievements realized in the previous year. The Customers with investors.
corporate segment projects an expansion of its target
segments, introduction of new products, strengthening With regard to banking technology, this is carried out
capabilities in technology and development of new through the development of Transaction Banking and
sectors. Supply Chain in order to improve services, increase the
utilization of banking transactions, increase the retention
In terms of target segments, the corporate segment of customers’ third-party funds, and enhance service
expands its customer base of Indonesian companies efficiency, including:
in the Tier 1 and Tier 2 segments. Furthermore, the 1. Simplifying the existing systems, products, and
Commercial Banking customer base is also expanded procedures in order to avoid repetitive processes,
by targeting suppliers or distributors of Tier 1 and Tier increase efficiency, and improve the overall
2 customers. The Bank also continues to increase fee- customer banking experience.
based transactions. This is done, among others, through 2. Implementing an integrated digital platform to
trade finance transactions, structured finance (project meet customer needs comprehensively for cash
finance and ECA), syndication, agency services & management products and services, trade financing
custodian services as well as enhancements in treasury & supply chain financing.
(systems, products, and trading capabilities). 3. Improving the capabilities and features of the
Financial Supply Chain Management (FSCM)
Balancing funding and lending growth is achieved system and be able to integrate with front-
by creating an ecosystem and connectivity for end- end-systems or APIs and be able to adapt to
to-end financing, covering loans, cash management, accommodate products and service variations
and foreign exchange (forex). The ecosystem according to customer needs.
development is carried out through the following 4. Collaborating with Payment Service Companies or
strategies: (i) enhancing system capabilities, including Financial Technology that assist customers in terms
interconnectivity between systems; (ii) increasing digital of daily transactional services. This form of service
trade transactions; (iii) exploring trade flow and cash is a service that is not yet or not available at SMBC
management opportunities that require an LCS scheme; Indonesia, and in this case, SMBC Indonesia acts
and (iv) enhancing collaboration with other business only as a reference provider.
units. 5. Development of Open API services based on
SNAP (National Standard Open API Payment) by
Enhancing the role of SMBC Indonesia as a custodian integrating Customer financial systems and also
bank in an effort to increase the value of assets opening the use of Open API for Banking-as-a-
in custody. Accordingly, the Bank is developing Service (BaaS) services
a custodian system, including the addition of
130 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Performance Achievement
Explanation of the achievements of the Corporate Banking business segment is delivered based on the following services:
1. Fund Collection
In 2025, total Third-Party Funds (TPF) recorded for the Corporate Banking business segment reached Rp69.9
trillion, an increase of 12% compared to 2024, which was recorded at Rp62.6 trillion.
2025 Corporate TPF Performance
(Rp Billion)
Segment 2025 2024 2023
Corporate Banking Japanese 43,241 40,404 34,630
Wholesale Banking 25,698 21,371 21,952
Commercial 966 844 835
Total 69,905 62,619 57,416
2. Financing
Total financing provided by the Corporate Banking business segment in 2025 reached Rp105.4 trillion, an increase
of 5.4% compared to 2024, which amounted to Rp98.9 trillion.
2025 Corporate Financing Performance
(Rp Billion)
Segment 2025 2024 2023
Corporate Banking Japanese 30,539 30,363 38,873
Wholesale Banking 67,965 62,178 61,047
Commercial 6,863 6,355 4,624
Total 105,367 98,896 104,544
3. Trade Finance
In 2025, the total realization of trade finance was recorded at Rp10.3 trillion. In comparison to 2024, which reached
Rp6.8 trillion, there was an increase of 51%.
2025 Trade Finance Performance
(Rp Billion)
Segment 2025 2024 2023
Corporate Banking Japanese 1,168 164 289
Wholesale Banking 5,278 2,882 3,967
Commercial 3,841 3,780 2,711
Total 10,286 6,826 6,966
4. Cash Management
As of the end of December 2025, corporate cash management was recorded at Rp69.9 trillion, an increase of 12%
compared to the previous year, which amounted to Rp62.6 trillion.
From the management of these funds, SMBC Indonesia’s CASA ratio was recorded at 38.6%, a decrease of 0.6%
compared to 2024, which stood at 39.1%.
2025 Cash Management Performance
(Rp Billion, unless otherwise stated)
Segmen 2025 2024 2023
Corporate Banking Japanese 43,241 40,404 34,629
Wholesale Banking 25,698 21,371 21,951
Commercial 966 844 835
Total 69,905 62,619 57,416
CASA Ratio 38.6% 39.1% 45.6%
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Management Discussion and Analysis
Performance Review by Business Segment
5. Foreign Exchange
As of December 31, 2025, foreign exchange management reached Rp408.3 billion. In comparison to 2024, which
amounted to Rp449.3 billion, there was a decrease of 9%.
2025 Foreign Exchange Performance
(Rp Billion)
Segmen 2025 2024 2023
Corporate Banking Japanese 365 400 521
Wholesale Banking 39 48 35
Commercial 4 2 1
Total 408 449 557
Strategic Plan for 2026 Creating an end-to-end financing ecosystem and
In general, the 2026 strategic plan is a continuation connectivity that covers lending, cash management,
of what was done in the previous year. The corporate and foreign exchange by implementing an integrated
segment projects the expansion of target segments, digital platform to comprehensively meet the needs of
adding new products, and strengthening in terms of corporate customers for cash management products
technology and developing new sectors. and services, trade financing & supply chain financing,
as well as foreign exchange transaction platforms.
In terms of target segments, the corporate segment
expands the customer base of Indonesian companies Enhance collaboration across various business lines
in the Tier 1 and Tier 2 segments. In addition, the within the Bank (cross-segment collaboration) and with
Commercial Banking customer base is also expanded companies within the SMBC group (group collaboration)
by targeting suppliers or distributors of Tier 1 and Tier 2 to encourage cross-selling opportunities and synergies
customers. to create a more integrated approach to serving
customers and driving growth.
The Bank also continues to increase fee-based
transactions. This is done, among others, through trade Increasing marketing productivity through strategic
finance transactions, structured finance (project finance optimization of marketing team activities, enabling
and ECA), syndication, agency services & custodian greater focus on high-impact business promotion
services, and improvements from the treasury side initiatives, while strengthening customer engagement,
(systems, products, and trading capability). service excellence, and the delivery of solutions.
Leveraging SMBC Indonesia’s strength as the primary Enhancing the role of SMBC Indonesia as a custodian
transaction bank for many Japanese companies, while bank by providing solutions for all types of local and
expanding its B2B and B2C capabilities to sustain CASA foreign investors, including investment managers
growth through enhanced transaction services and seeking to develop investment products based on
solutions. The Bank will continue to enhance its cash Sharia principles. SMBC Indonesia also provides services
management system and cash collection capabilities to all types of foreign institutions (financial institutions
as part of its strategy to increase account usage, and/or non-financial institutions), including overseas
encouraging customers to increase their transaction custodians or broker-dealers, global custodians, and
volumes, thereby resulting in greater overall utilization. sub-custodians/ bank agents overseas that do not have
a local custodian in the Indonesian market.
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TREASURY 2025 Strategies and Initiatives
In the face of the developing situation in 2025, SMBC
SMBC Indonesia consistently strives to provide Indonesia has implemented a number of strategic
innovative treasury solutions that are aligned with initiatives, namely:
customers’ strategic objectives. This initiative is realized 1. In order to maintain liquidity levels at a safe level,
with the support of expertise and a strong global SMBC Indonesia has taken several strategic
financial position to improve operational efficiency and measures, including:
support sustainable growth. In carrying out its business a. Maintaining liquidity indicators at a safe
activities, the Treasury segment works in close synergy condition, namely higher than the required
with all of the Bank’s business lines to provide the best provisions. As of December 31, 2025, the
services to customers. Liquidity Coverage Ratio (LCR) was 204.31%,
and the Net Stable Funding Ratio (NSFR) was
The Treasury business segment offers a variety of 118.84%.
products and services designed to meet customer b. Diversifying funding sources through
needs and conduct trading activities, including foreign developing funding from the wholesale, retail,
exchange (including FX Today, FX Tomorrow, FX Spot, and public sectors/ financial institutions
FX Forward, FX Swap, and Domestic Non-Deliverable sectors.
Forward), interest rate swap, cross-currency swap, c. Continuously monitoring developments
securities (government bonds, both conventional and in the long-term funding market, such as
sharia, and Bank Indonesia rupiah securities), money the issuance of rupiah bonds, long-term
market (interbank & Bank Indonesia instruments), and bilateral loan facilities in rupiah and foreign
repo/reverse repo. currencies from local banks and foreign banks/
international financial institutions, including
To date, SMBC Indonesia continues to develop its funding from the SMBC Group.
products to meet customer needs. The Bank also
partners with customers to navigate a dynamic 2. The adequacy of the Bank’s liquidity policy and
and constantly evolving market, while prioritizing management (ALMA) is relatively adequate and is
compliance with applicable regulations. always updated through the following supporting
indicators:
Since 2021, SMBC Indonesia has been selected as one a. Improving ALMA with better interest rate
of the Appointed Cross Currency Dealer Banks (ACCD monitoring through Funding Lending Meetings
Bank) to conduct Local Currency Transactions (LCT) and ALCO meetings.
for JPY-IDR and THB-IDR currencies, and since 2024 b. Having a comprehensive policy to maintain the
for KRW-IDR currencies. Furthermore, since December availability of liquidity in accordance with the
2025, Bank Indonesia has appointed SMBC Indonesia structure of the Bank’s asset and liability profile.
as an Appointed Cross Currency Dealer (ACCD) bank to The Bank also has a procedure for limiting
conduct Local Currency Transactions (LCT) for MYR-IDR liquidity management authority. Accountability
currencies. and levels of delegation of authority have been
implemented in accordance with the Bank’s
Through this appointment as an ACCD bank, it is needs.
expected to provide a positive contribution to the Bank’s c. Having a contingency plan program in
performance, especially through the Jenius digital providing liquidity back-up.
platform. With this service, Bank customers can enjoy
more competitive foreign exchange rates and transfer 3. Development of products and services to support
funds to institutions or individuals in ACCD bank partner the wholesale, retail, and public sector/ financial
countries more efficiently and promptly. institutions business sectors as follows:
a. Development of foreign exchange services
SMBC Indonesia has also received approval from Bank and products, namely by expanding the range
Indonesia to become a primary dealer in Open Market of foreign currencies that can be traded in real
Operations (OMO) since May 2024. The implementation time 24 hours a day, for example the Saudi
of the Primary Dealer is an effort to support the Arabian Riyal (SAR) currency into the Jenius
strengthening of repo transactions within the framework digital application, product diversification
of integrating monetary management and money related to FX and derivative transactions,
market development. This is expected to further such as transactions using the Local Currency
strengthen liquidity management and monetary policy Transaction (LCT), Domestic Non-Deliverable
transmission, which will ultimately contribute positively Forward (DNDF), FX Option (FXO), Call Spread
to the national economy. Option (CSO) and Range Forward schemes.
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Management Discussion and Analysis
Performance Review by Business Segment
b. Development of Bond products, both IDR b. In line with this initiative, the Bank will update its
and USD. This development includes repo systems and develop Put Spread Option and
and reverse repo trading transactions with Call Spread Option products, and will consider
other banks and bonds with customers, both further development of the Overnight Index
business banking and corporate customers. Swap (OIS) product.
c. Developing the Bank’s investment services, c. The Bank plans to develop structured products,
such as online Bonds through the Jenius Callable Deposits and Swap Deposits, as
digital application, which aims to provide one- alternative investment options for customers,
stop access for customer bond investment and Range Forwards and Guaranteed FX to
activities. serve derivative needs. In addition, the Bank
d. In line with the financial market deepening plans to offer a new FX product, FX NDF Major,
program carried out by Bank Indonesia and as an alternative to customers. FX NDF Major
related authorities, the Bank also participates allows customers to conduct non-deliverable
in the Central Counterparty (CCP) program and forward (NDF) transactions in non-IDR
develops services to support Primary Dealer currencies.
activities through the Bank Indonesia Rupiah d. The Bank plans to develop Sharia-compliant
Certificate (SRBI) instrument. money market products, such as the Interbank
Mudharabah Investment Certificate (SIMA)
Performance Achievement and the Interbank Sharia-compliant Fund
In 2025, the realized foreign currency transaction Management Certificate (SiPA).
value increased by 31.8% compared to 2024. This e. The Bank plans to develop Bank Indonesia
increase was contributed by the Wholesale Business Foreign Exchange Certificates (SVBI) and
and Japanese Corporate Banking business segments. Floating Rate Notes (FRN) to support Primary
Derivative transactions increased by 6.4% compared to Dealer activities.
2024, contributed by the Wholesale Business segment.
Meanwhile, bond transactions increased by 93.9% 2. As one of the banks selected by Bank Indonesia
compared to 2024, driven by the Financial Institution as a primary dealer, SMBC Indonesia actively
business segment. participates in the auction of Bank Indonesia Rupiah
Certificate (SRBI) instruments, the purchase and
2025 Treasury Operational Performance sale of SRBI in the secondary market, repo and
Description Growth YoY (%) reverse repo transactions, as well as in Overnight
Index Swap (OIS) matchmaking transactions.
Total FX Transaction Volume 31.8%
3. In addition to products, SMBC Indonesia’s Treasury
Total Derivative Transaction Volume 6.4%
business segment together with other business
Total Bond Transaction Volume 93.9%
lines will continue to hold regular economic
seminars both on a large and small scale, online
Strategic Plan for 2026 and offline with the aim of providing market
In 2026, the focus of development related to the development updates, discussing new regulations,
treasury includes: marketing appropriate products in every situation,
1. Bank Indonesia policy for the 2030 Money Market increasing understanding of customer needs and
Development Blueprint (BPPU): disseminating product knowledge.
a. The Bank will develop systems for Central
Clearing Counterparties (CCPs) and Non-
Centrally Cleared Derivatives (NCCDs). Both
CCPs and NCCDs are mandatory requirements
that the Bank must meet for FX and Derivative
transactions.
134 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 137
4. In order to minimize maturity mismatch, SMBC 2. Synergy for Future Growth
Indonesia continues to maintain and increase Emphasizing the importance of strategic
long-term funding sources. In 2026, the Bank will collaboration with SMBC Indonesia (the Parent
continue its plan to issue Bonds in Rupiah currency Bank) and other affiliated companies to strengthen
with the amount and time of issuance considering positioning and drive sustainable growth by
credit growth, liquidity conditions and market leveraging expertise, extensive networks, and
conditions. In addition, SMBC Indonesia will also diversified business segments.
continue to explore bilateral cooperation to obtain
fresh funding facilities from domestic and foreign 3. Continues the piloting of Advanced and New
Financial Institutions, including the SMBC Group. Products
Continue to explore and pilot new business
opportunities at upper ultra micro segment by
SHARIA BANKING piloting individual financing for both Existing and
New to Bank with different approaches.
The Sharia Banking business segment is run by a
subsidiary, PT Bank BTPN Syariah Tbk. This company Strategic measures undertaken are as follows:
has become a public company whose shares are listed Pillar 1: Strengthening current business processes
on the Indonesia Stock Exchange since 2018. by improving portfolio quality and enhancing
customer service.
2025 Initiatives and Strategies Pillar 2: Developing New Businesses through Synergy
With regard to initiatives and strategies in 2025, with the Parent Company and Advanced
amidst uncertainties surrounding global economic Products.
developments, the Indonesian economy is in the Pillar 3: Building Operational Excellence Processes.
stabilization process, as well as the many challenges Pillar 4: Strengthening Organizational Capabilities.
faced by the pre-financial inclusion segment served by
the Bank, BTPN Syariah has chosen to stabilize pre-
inclusion financing while driving future growth through
strategic synergies and continued product innovation,
with an emphasis on:
1. Stabilizing Group Financing business
Demonstrating the Bank’s commitment to
achieving its 2025 goals in line with the Bank’s
Business Plan, ensuring consistent improvement in
financing quality and managing outstanding at the
healthy level consider the challenging grassroots
economy.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 135
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Management Discussion and Analysis
Performance Review by Business Segment
Performance Achievement
The consolidated performance of BTPN Syariah in 2025 showed a positive trend, with profit after tax recorded an
increase compared to the same period in 2024. In line with the Bank’s strategy to maintain business stability, financing
growth in the fourth quarter of 2025 experienced a slight increase of 1.8%. This approach is part of the Bank’s efforts
to maintain portfolio quality amidst challenging external conditions.
2025 Sharia Banking Operational Performance
(bank only)
(Rp Billion)
Description 2025 2024 2023
Total Assets 22,786 21,737 21,413
Third-Party Funds 12,210 11,725 12,143
Financing 10,353 10,172 11,388
(konsolidasi)
(Rp Billion)
Description 2025 2024 2023
Total Assets 22,751 21,748 21,435
Third-Party Funds 12,209 11,724 12,143
Financing 10,353 10,172 11,388
Strategic Plan for 2026
Beyond its primary focus on the productive underprivileged segment, the BTPN Syariah will continue its strategic
agenda to build a foundation for the future through the development of several new businesses in 2026. These
initiatives are being pursued both internally and through optimizing synergies with SMBC Indonesia as the Parent
Bank, particularly by exploring closer strategic collaborations. This measure was taken to strengthen the Bank’s
competitive position in the market while encouraging sustainable growth amidst evolving dynamics and challenges.
The following are the sustainable growth strategies for 2026:
1. Financing Business Initiative.
2. Treasury Business Initiative.
3. Funding Business Initiative.
4. Initiative to Build Operational Excellence Processes.
5. Initiative to Strengthen Organizational Capabilities.
136 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Fund Collection and Treasury
PROFITABILITY BY BUSINESS SEGMENT (Rp Million)
Indicator 2025 2024 2023
Profitability performance by business segment
recorded by the Bank is presented in the following table: Net Interest Income/ 1,333,151 1,483,530 1,505,131
(Expense)
Financing Net Operating (566,346) (839,486) (855,280)
(Rp Million) Income/(Expense)
Profit/(Loss) Before 766,816 648,374 643,106
Indicator 2025 2024 2023 Income Tax
Net Interest Income/ 3,937,079 2,876,053 - Net Profit/(Loss) 644,982 527,605 524,326
(Expense)
Net Operating (6,639,293) (2,595,597) -
Income/(Expense)
Sharia (Individual)
Profit/(Loss) Before (2,699,662) 287,723 - (Rp Million)
Income Tax
Net Profit/(Loss) (2,420,137) 212,179 - Indicator 2025 2024 2023
Net Interest Income/ 4,718,335 4,881,923 5,248,947
(Expense)
Retail Banking
(Rp Million) Net Operating (3,109,160) (3,513,725) (3,878,191)
Income/(Expense)
Indicator 2025 2024 2023
Profit/(Loss) Before 1,609,475 1,370,762 1,371,161
Net Interest Income/ 2,384,325 2,308,078 1,965,935 Income Tax
(Expense) Net Profit/(Loss) 1,249,265 1,072,722 1,071,723
Net Operating (2,578,036) (2,142,038) (1,752,782)
Income/(Expense)
Profit/(Loss) Before (190,946) 167,269 213,998 Sharia (Consolidated)
Income Tax
(Rp Million)
Net Profit/(Loss) (160,608) 136,113 174,473
Indicator 2025 2024 2023
Net Interest Income/ 4,730,260 4,894,273 5,259,750
(Expense)
Corporation
(Rp Million) Net Operating (3,113,601) (3,543,618) (3,880,680)
Income/(Expense)
Indicator 2025 2024 2023
Profit/(Loss) Before 1,566,319 1,353,196 1,379,895
Net Interest Income/ 2,604,405 2,765,734 2,774,433 Income Tax
(Expense) Net Profit/(Loss) 1,200,730 1,061,160 1,080,589
Net Operating (1,155,926) (650,184) (1,091,442)
Income/(Expense)
Profit/(Loss) Before 1,448,500 2,115,550 1,682,971
Income Tax
Net Profit/(Loss) 1,218,359 1,721,497 1,372,131
MSMEs
(Rp Million)
Indicator 2025 2024 2023
Net Interest Income/ 653,217 648,122 538,814
(Expense)
Net Operating (946,428) (840,222) (504,029)
Income/(Expense)
Profit/(Loss) Before (290,811) (190,412) 36,527
Income Tax
Net Profit/(Loss) (244,606) (154,945) 29,780
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 137
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Management Discussion and Analysis
Financial Performance
Overview
The financial performance of PT Bank SMBC
Indonesia Tbk (“SMBC Indonesia”, the “Bank”)
is presented based on its consolidated financial
statements, which have been prepared in accordance
with Indonesian Financial Accounting Standards
(SAK) for the year ended December 31, 2025. These
financial statements form an integral part of this
Annual Report.
138 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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NPL Net Interest Income
1.54% Rp 15.9 trillion
Bank non-performing loans in 2025, as The Bank’s net interest income in 2025 reached Rp15.9
indicated by the gross NPL ratio, was 1.54%, trillion, and Rp15.2 trillion in 2024.
an improvement compared to 1.60% in the
previous year.
BALANCE SHEET
Assets
SMBC Indonesia recorded total assets of Rp245.8 trillion at the end of the 2025 financial year. It was a 2.0% increase
compared to Rp241.1 trillion in 2024. The increase was driven by an increase in loans and financing receivables, as well
as placements with Bank Indonesia and other banks.
Asset Development
(Rp Million)
Description 2025 2024 2023
Cash 1,246,542 1,379,647 1,428,683
Current Account with Bank Indonesia 7,915,463 9,443,461 9,276,598
Current Accounts with Other Banks 1,306,952 1,035,001 962,387
Placement with Bank Indonesia and Other Banks 14,922,235 12,694,705 8,961,654
Securities 25,684,516 27,981,308 17,038,501
Reverse Repo 1,683,826 468,188 -
Loans and Sharia Financing/Receivables 155,010,839 149,971,995 156,561,297
Financing receivables 30,377,030 29,432,622 -
Fixed Assets – Net 2,305,591 2,284,422 2,047,812
Intangible Assets – Net 2,657,982 2,809,116 1,089,384
Other assets 2,737,189 3,595,962 4,082,076
Total Assets 245,848,165 241,096,427 201,448,392
Financial Assets
SMBC Indonesia’s financial assets consist of cash, current accounts with Bank Indonesia, current accounts with other
banks, placements with Bank Indonesia and other banks, marketable securities, reverse repos, derivative receivables,
acceptance receivables, loans, and financing receivables. In fiscal year 2025, the Bank’s total financial assets reached
Rp238.1 trillion, a 2.5% increase compared to the previous year. This change was driven by an increase in loans and
financing receivables, as well as placements with Bank Indonesia and other banks.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 139
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Management Discussion and Analysis
Financial Performance Overview
The largest component of financial assets is loans and Rp179.4 trillion in 2024, an annualized 3.3% increase.
financing receivables. In 2025, their total value reached This increase was driven by a 6.5% increase in the
Rp185.4 trillion, or 77.8% of total financial assets. corporate segment, a 3.2% increase in financing
receivables from the Bank’s subsidiaries, PT Oto
Credit Distribution Mutliartha (OTO) and PT Summit Oto Finance (SOF), and
SMBC Indonesia categorizes its loan customers into two an 11.3% increase in Jenius.
segments: growing business, which includes corporate
and commercial lending, sharia financing, SMEs, Jenius In terms of segmentation, the majority of funding
Joint Finance, and OTO SOF; and transforming business, disbursed was absorbed by the growing business
which includes retail and micro lending. segment, reaching Rp163.5 trillion, or 88.2% of total
loans. Corporate and commercial loans are the primary
By 2025, the Bank’s total disbursed loans and financing component within this segment, reaching Rp105.4
receivables reached Rp185.4 trillion. Compared to trillion in 2025, or 64.5% of total loans in the growing
business segment.
Credit Distribution Based on Segment
(Rp Million)
Description 2025 2024 2023
Growing Business
Corporate and Commercial 105,366,464 98,895,945 104,904,359
Small and Medium Enterprises 13,487,613 14,361,516 13,255,054
Joint Finance 5,540,544 5,565,442 1,138,955
Sharia Financing/Receivables 10,352,755 10,171,759 11,387,861
Jenius 3,558,219 3,197,554 2,049,171
OTO SOF Financing Receivables 30,377,030 29,432,622 -
Elimination of intragroup credits (5,217,537) (6,137,816) -
Transforming Business
Pension 20,118,553 21,980,167 22,403,012
Micro 1,683,219 1,827,048 1,306,173
Others 121,010 110,378 116,712
Total 185,387,869 179,404,616 156,561,297
The Bank consistently maintains the quality of its disbursed loans as part of its risk management implementation. In
2025, the consolidated gross non-performing loan (NPL) ratio was 2.59%, higher than the 2.50% in 2024. Meanwhile,
the consolidated net NPL ratio was 0.85%.
140 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Credit Distribution Based on Collectibility
(excluding OTO and SOF financing receivables)
(Rp Million, unless otherwise stated)
Description 2025 2024 2023
Current 145,488,554 140,484,471 147,614,238
Special Mention 7,155,289 7,100,200 6,850,490
Total Performing Loan 152,643,843 147,584,671 154,464,728
Non-Current 341,176 500,108 477,678
Doubtful 418,399 319,920 118,169
Bad Credit 1,607,421 1,567,296 1,500,722
NPL 2,366,996 2,387,324 2,096,569
Total Credit 155,010,839 149,971,995 156,561,297
Gross NPL 1.54% 1.60% 1.34%
Net NPL 0.69% 0.44% 0.39%
LLP/NPL 148.5% 164.3% 220.3%
Liabilities
SMBC Indonesia’s total liabilities in 2025 were recorded at Rp192.4 trillion, a 3.2% increase compared to Rp186.4 trillion
in 2024. This increase was contributed by an 8.4% increase in customer deposits, a 491.2% increase in deposits from
other banks, and a 131.1% increase in securities issued. Meanwhile, borrowings decreased by 21.9%.
Liabilities Development
(Rp Million)
Description 2025 2024 2023
Customer deposits 121,071,329 111,718,459 98,277,756
Temporary syirkah funds 9,929,751 9,599,352 9,920,820
Deposits from other banks 4,479,648 757,714 10,814,638
Securities issued 6,794,041 2,939,924 200,569
Loan received 38,570,179 49,413,885 31,204,497
Other liabilities 11,547,503 11,921,054 9,747,008
Total Liabilities 192,392,451 186,350,388 160,165,288
Customer Deposits
Total customer deposits (including temporary syirkah funds) in 2025 reached Rp131 trillion, an 8.0% increase
compared to Rp121.3 trillion in 2024. This increase was contributed by increases in current accounts, savings accounts,
and time deposits.
Current Account and Savings Account (CASA) balances increased by 16.7% compared to the previous year, primarily
from corporate customers. The CASA ratio in 2025 was 40.6%, an increase from 37.6% at the end of December 2024.
The majority of the Bank’s customer funds were in the form of time deposits, which in 2025 reached Rp77.8 trillion,
representing 59.4% of total deposits, a decrease from 62.4% in 2024. Meanwhile, current accounts accounted for
22.0% and savings accounts for 18.6%.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 141
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Management Discussion and Analysis
Financial Performance Overview
Customer Deposit Details (Including Temporary Syirkah Funds)
(Rp Million)
Description 2025 2024 2023
Current Account 28,853,960 25,585,492 26,628,683
Savings 24,368,716 20,004,408 17,558,817
Time Deposit 77,778,404 75,727,911 64,011,076
Total 131,001,080 121,317,811 108,198,576
Details of Customer Deposits by Currency (Including Temporary Syirkah Funds)
(Rp Million)
Description 2025 2024 2023
Rupiah 102,831,660 99,471,769 85,397,073
Foreign Exchange 28,169,420 21,846,042 22,801,503
Total 131,001,080 121,317,811 108,198,576
Loans Received
As of the end of December 2025, the Bank’s borrowings reached Rp38.6 trillion, a 21.9% decrease compared to
Rp49.4 trillion in 2024. This decrease was made to reduce interest expenses by reducing the outstanding loan balance
and replacing it with cheaper funding sources, including third-party funds and deposits from other banks.
Equity
The equity component consists of share capital, additional paid-in capital, fixed asset revaluation reserves, and
other assets. By the end of the 2025 financial year, the Bank’s total equity reached Rp53.5 trillion, a 2.4% decrease
compared to Rp54.7 trillion in 2024.
This change was due to a decrease in cash flow hedges, retained earnings, and a decrease in non-controlling interests
related to the decline in earnings due to the increase in the provision for impairment losses. This provision represents
the Bank’s prudent response to the dynamic economic conditions in 2025, as well as the efforts of the financial
conglomerate holding company (PIKK) to implement prudent principles and maintain solid capital.
Equity Development
(Rp Million)
Description 2025 2024 2023
Share Capital 212,919 212,919 162,982
Additional Paid-in Capital 17,562,271 17,561,631 11,162,238
Reserve on revaluation of fixed assets 940,515 940,515 954,224
Share-Based Payment Reserve - - -
Cash Flow Hedges (194,749) 9,266 -
Fair Value Reserve – Net 45,191 12,646 2,906
Transactions with Non-Controlling Interests (24,267) (24,267) (24,267)
Retained Earnings (Appropriated & Unappropriated) 28,651,087 28,793,863 26,402,237
Treasury Stock - - (254,695)
Non-controlling interests 6,001,946 6,978,665 2,616,678
Other Equity Components 260,801 260,801 260,801
Total Equity 53,455,714 54,746,039 41,283,104
142 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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PROFIT AND LOSS PERFORMANCE
SMBC Indonesia recorded a consolidated net profit after tax attributable to owners of the parent entity of Rp505.5
billion for 2025. This result was primarily influenced by increased credit provisions at the Bank and its multifinance
subsidiaries, due to additional credit provisions resulting from a more intensive portfolio review by the parent company
within the conglomerate framework, which resulted in increased credit costs for 2025. This provision represents a
prudent response to the dynamic economic conditions in 2025.
Profit and Loss Development
(Rp Million)
Description 2025 2024 2023
Interest income 24,235,160 23,588,335 18,815,673
Interest expense (8,323,257) (8,380,053) (6,771,610)
Net Interest Income 15,911,903 15,208,282 12,044,063
Other Operating Income 2,527,119 2,221,078 1,689,372
Operating Expenses (18,115,104) (13,325,343) (10,272,400)
Profit for the Year – Before Tax 281,327 4,120,473 3,457,682
Net profit for the year (102,129) 3,216,240 2,682,484
Net Profit (net) profit after tax (NPAT) Attributable to Owners of the 505,557 2,812,986 2,358,334
Parent Entity
Operating Revenue
SMBC Indonesia recorded total operating revenue (net interest income and other operating income) of Rp18.4 trillion
in 2025, a 5.8% year-on-year (yoy) increase. Net interest income grew by 4.6% year-on-year, supported by higher
interest income, while the Bank recorded lower interest expenses driven by lower funding costs.
Operating Expenses
The Bank’s total operating expenses in 2025 reached Rp18.1 trillion. This represents a 35.9% increase compared to
Rp13.3 trillion in 2024. This increase was primarily due to increased loan provisions at the Bank and its subsidiaries in
the multifinance sector, in line with additional loan reserves based on a more intensive portfolio review by the parent
company within the conglomerate framework. These adjustments resulted in increased credit costs in 2025.
CASH FLOW
The Bank’s cash and cash equivalents reached Rp26.8 trillion at the end of 2025, a 2.5% increase compared to Rp26.2
trillion in 2024.
Cash Flow Performance
(Rp Million)
Description 2025 2024 2023
Net Cash Flow Provided by (Used in) Operating Activities 4,882,236 10,829,769 (2,397,197)
Net Cash Flow (Used for) Provided by Investing Activities 2,034,390 (16,764,391) 394,010
Net Cash Flow Provided from (Used for) Financing Activities (6,267,376) 8,624,877 (13,887,114)
Impact of Exchange Rate Changes on Cash and Cash Equivalents (4,454) 4,759 (14,462)
Net Increase (Decrease) in Cash and Cash Equivalents 649,250 2,690,255 (15,890,301)
Beginning Balance of Cash and Cash Equivalents 26,168,004 23,472,990 39,377,753
Ending Balance of Cash and Cash Equivalent 26,812,800 26,168,004 23,472,990
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 143
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Management Discussion and Analysis
Financial Performance Overview
Cash Flow from Operating Activities Liquidity Coverage Ratio (LCR), and Net Stable Funding
Net cash provided by operating activities in 2025 was Ratio (NSFR). In 2025, the Bank’s LDR, which includes
recorded at Rp4.9 trillion, a 54.9% decrease compared OTO and SOF financing receivables, reached 140.3%,
to Rp10.8 trillion in 2024. lower than 147.0% in 2024, contributed by an increase in
third-party funds.
Cash Flow from Investing Activities
Net cash provided by investing activities in 2025 The Bank’s funding sources are not only from thirdparty
reached Rp2 trillion. It was an 88% increase compared funds but also loans, most of which are from the
to minus Rp16.8 trillion in 2024. parent company as well as loans from other banks
and securities issued.The LCR and NSFR ratios as
Cash Flow from Financing Activities of December 31, 2025, were 229.4% and 122.9%,
Net cash provided by financing activities in 2025 was respectively, well above the 100% limit set by the
recorded at minus Rp6.3 trillion. Meanwhile, in 2024, it Financial Services Authority (OJK). Therefore, the Bank’s
was Rp8.6 trillion, a 172.7% decrease. overall liquidity level is very healthy.
Solvency Ratio
DEBT SERVICEABILITY Another parameter related to debt repayment capacity
is the capital ratio, as measured by the solvency ratio.
SMBC Indonesia has a very good level of liquidity and The Bank consistently maintains healthy capital,
solvency. This is reflected in the ability to meet maturing including by meeting the Capital Adequacy Ratio (CAR)
obligations in a timely manner, both for principal or Minimum Capital Adequacy Ratio (CAR) as stipulated
payments and interest expenses. by the regulator. This ratio serves to cover credit, market,
and operational risks.
The Bank’s excellent ability indicators in meeting
current and non-current liabilities are also in line with In 2025, the Bank’s CAR reached 29.3%, lower than the
the assessment of external rating agencies. PT Fitch 30.0% recorded in 2024. This figure is well above the
Rating Indonesia gave a rating of AAA (idn), a stable Bank Indonesia requirement and reflects the availability
outlook, and F1+ (idn). Meanwhile, the rating from PT of room for future growth.
Pemeringkat Efek Indonesia (PEFINDO) was idAAA (Triple
A, stable outlook). Credit Collectibility
The Bank always maintains the quality of productive
Liquidity Ratios assets in order to maintain quality business
The ability to meet current liabilities, among others, is performance on an ongoing basis. This is shown, among
shown through the liquidity ratio reflected in the Loan others, through the level of credit collectibility, the
to Deposit Ratio (LDR), Loan to Funding Ratio (LFR), details of which are described in the table below.
Details of Credit Collectability
(Rp Million, unless otherwise stated)
Description 2025 2024 2023
Not yet overdue 145,488,554 140,454,478 147,614,238
1-90 days overdue 7,155,289 7,130,193 6,850,490
>90 days overdue 2,366,996 2,387,324 2,096,569
Amount of overdue 9,522,285 9,517,517 8,947,059
Amount of credit provided – gross 155,010,839 149,971,995 156,561,297
% Amount of overdue to the amount of credit provided– gross 6.14% 6.35% 5.71%
144 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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PRIME LENDING RATE
Referring to the Financial Services Authority Regulation Number 13 of 2024 concerning Transparency and Publication
of Prime Lending Rate for Commercial Banks, all commercial banks are required to report and publish the Prime
Lending Rate (SBDK). This publication, among other things, is to provide clarity and make it easier for customers to
weigh the benefits, costs, and risks of the credit offered.
In addition, SBDK is also an effort to improve good corporate governance and encourage healthy competition in the
banking industry. Banks group SBDK based on credit segmentation into 4 (four) groups, namely corporate, retail,
micro, and consumption.
Rupiah Prime Lending Rate Based of Credit Segment
Rupiah Prime Lending Rate
Data Period:
Non-MSME Credit MSME Credit KPR/ Non-KPR/
December 31, 2025
Corporate Retail Medium Small Micro KPA Non-KPA
Prime Lending Rate 7.70% 9.41% 9.41% 14.65% 11.78% N/A 12.35%
(SBDK)
CAPITAL STRUCTURE In accordance with Financial Services Authority
Regulation No. 11/POJK.03/2016 concerning the
Capital Structure Policy Minimum Capital Provision Obligation of Commercial
The policy to maintain capital adequacy is an effort Banks and Financial Services Authority Regulation No.
to ensure that the Bank can support business growth 34/POJK.03/2016 concerning the first amendment
while protecting the Bank from market volatility. This to POJK No. 11/POJK.03/2016 and Financial Services
policy is implemented through a balance between Authority Regulation No. 27/2022 concerning the
capital efficiency and the level of return on shareholder second amendment to POJK No. 11/POJK.03/2016, the
investment by maintaining the availability of sufficient Bank is required to provide minimum capital according
additional capital to cover potential risks faced. to the risk profile. The provision of minimum capital
forbanks based on the current risk profile is 9% to less
In connection with the process carried out by the Bank than 10% of Risk Weighted Assets (RWA).
to determine capital adequacy (ICAAP), the Bank has
submitted a report to the Financial Services Authority In addition to the need to meet minimum capital based
(OJK) in accordance with applicable regulations. The on the risk profile, banks are also required to provide
Bank also continues to ensure the availability of additional buffer capital with the following details: (1)
sufficient capital in line with its risk profile. Capital Conservation Buffer, (2) Countercyclical Buffer,
and (3) Capital Surcharge for Systemically Banks
The Bank uses the Standard Approach in managing
capital for credit risk. The calculation of RWA is generally The Board of Commissioners’ Supervision
carried out by referring to the risk weight inaccordance over Capital Structure Policy
with OJK provisions and the rating results issued by the The Board of Directors is responsible for formulating,
rating agency that has been determined managing, and implementing the Bank’s capital
by the regulator. adequacy and funding strategy on an ongoing basis,
supported by comprehensive assessments and data-
The Bank calculates capital adequacy for operational driven analysis. In carrying out its oversight role, the
risk using the Standard Approach (SA) method. Based Board of Commissioners provides strategic direction,
on this method, the Bank allocates minimum capital supervision, and periodic evaluation of the policies and
for operational risk based on the multiplication of implementation relating to the Bank’s capital structure
theBusiness Indicator Component (KIB) with the Internal and funding management.
Loss Multiplier (FPKI).
As part of this oversight function, the Board of
In calculating RWA for Market Risk, the Bank uses Commissioners conducts an annual review of the
thestandard method in accordance with OJK provisions adequacy of the Bank’s capital and funding strategy
regarding the calculation of RWA for Market Risk. by taking into account the Bank’s strategic objectives,
risk appetite, and business outlook. Such review is
undertaken, among others, through the assessment of
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 145
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Management Discussion and Analysis
Financial Performance Overview
the Bank’s Business Plan (RBB) and Medium Term Plan The approved capital and funding policies are
(MTP), as well as the discussion and recommendation subsequently executed by the Board of Directors
through Risk Management Committee. The Review through prudent operational measures, while ensuring
covers the evaluation towards the alignment between continuous monitoring and periodic reporting to the
growth initiatives, capital requirements, risk profile, and Board of Commissioners.
the Bank’s capital resilience based on stress testing
results and the targeted capital ratios. Capital Structure Details
By the end of the 2025 financial year, the Bank’s total
To ensure the Bank’s preparedness in adverse capital reach Rp49.2 trillion, relatively unchanged from
conditions, the Board of Commissioners also reviews the Rp49.2 trillion in 2024, impacted by a decrease in net
Recovery Plan and Resolution Plan, including assessing profit for the current year.
the adequacy of recovery options, crisis management
strategies, and their implications for the Bank’s capital The details of the Bank’s capital structure are outlined in
and funding structure. the table below.
Capital Structure Development
(Rp Million, unless otherwise stated)
Description 2025 2024 2023
Tier 1 Capital 44,027,008 44,187,414 36,613,893
Tier 2 Capital 5,166,874 4,995,432 4,543,487
Total Capital 49,193,882 49,182,846 41,157,380
Risk-Weighted Assets:
• Credit Risk 155,113,928 151,246,559 125,294,554
• Credit and Operational Risk 166,368,179 161,976,039 135,795,396
• Credit, Operational, and Market Risk 167,846,136 163,826,500 137,651,897
Capital Adequacy Ratio:
• Credit Risk 31.71% 32.5% 32.8%
• Credit and Operational Risk 29.57% 30.3% 30.3%
• Credit, Operational, and Market Risk 29.31% 30.0% 29.9%
MATERIAL COMMITMENTS RELATED TO Realization of Capital Goods Investment in 2025
CAPITAL GOODS INVESTMENTS (Rp Million)
Name of Capital Investment Investment
Goods Objectives Value
In the 2025 financial year, SMBC Indonesia had no
material commitments/commitments related to capital Fixed assets Office supplies 307,848
goods investments. Intangible Assets Software 353,295
development
Amount 661,143
REALIZED CAPITAL GOODS INVESTMENTS
A description of realized capital goods investments MATERIAL INFORMATION AND FACTS
during the financial year is outlined in the table below. OCCURRING SUBSEQUENTLY ON THE
REPORT DATE
From the end of the 2025 financial year until the
publication of this annual report, there was no material
information or facts occurring at SMBC Indonesia.
146 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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TARGETS, REALIZATIONS, AND uncertainty requires vigilance and strengthened policy
PROJECTIONS responses to maintain domestic economic resilience
and support stronger growth.
Comparison between Target and Actual
Bank Indonesia projects national economic growth in
Description 2025 Target 2025 Realization 2026 to be in the range of 4.9–5.7% (yoy), in line with
various Government and Bank Indonesia policies aimed
Capital Structure >29% 29.3%
(Capital Adequacy Ratio) at strengthening growth momentum. Bank Indonesia will
Credit Growth >3% 3.3%
continue to strengthen its monetary, macroprudential,
and payment system policy mix in synergy with the
Deposit Growth >5% 8.0%
Government’s fiscal and real sector policies.
ROA >1% 0.1%
ROE >4% 1.1%
Bank Indonesia also estimates that inflation in 2026
NPL (gross) <2% 2.6% and 2027 will remain within the target range of 2.5±1%.
Core inflation is expected to remain low, in line with
the economic recovery remaining below capacity and
2026 Projection the consistency of interest rate policy in maintaining
inflation expectations and controlling imported inflation.
Indicator Target Volatile food (VF) inflation is expected to remain stable
thanks to close synergy between Bank Indonesia, the
NIM 6-7%
Central/Regional Inflation Control Teams (TPIP/TPID),
Capital Structure (Capital Adequacy Ratio) >24%
and the strengthened implementation of the Inflation
ROA >1% Control and Food Prosperity Movement (GPIPS).
ROE >4%
NPL (gross) 2-2.5% For the banking sector, credit growth in 2026 is
Dividend Policy (final decision will be made at the ≤55% projected to be in the range of 8–12%. Bank Indonesia
AGM based on the Bank’s performance) will continue to coordinate with the Government and the
Financial System Stability Committee (KSSK) to improve
the interest rate structure and encourage bank credit/
BUSINESS PROSPECTS financing growth, as well as strengthen policy synergy
to mitigate various risks that could impact financial
The global economic outlook shows a slowing trend, system stability.
with uncertainty in financial markets remaining high.
Global economic growth in 2026 is projected to weaken
to 3.2% from 3.3% in 2025, accompanied by growth DIVIDENDS
disparities between countries.
Dividend Policy
This slowdown is primarily influenced by the impact of In accordance with Financial Services Authority (OJK)
reciprocal tariffs in the United States (US) and continued Regulation No. 17 of 2023 and OJK Circular Letter No.
geopolitical tensions as well as the war in the Middle 14/SEOJK.03/2025 concerning the Implementation of
East, which has contributed to the global energy crisis. Good Corporate Governance for Commercial Banks,
However, the US economy is projected to continue banks are required to have a dividend policy. According
growing, supported by substantial fiscal stimulus and to these regulations, SMBC Indonesia’s dividend
high investment, including in the artificial intelligence (AI) distribution is determined by the General Meeting of
sector. Shareholders (GMS).
Elsewhere, the economies of Europe and Japan This policy is determined with due consideration of the
are expected to slow due to weakening export adequacy of retained earnings, regulatory provisions, ,
performance due to the global slowdown, and domestic such as long-term and short-term capital requirements,
demand remains limited despite increasing AI-related as well as the Bank’s growth expectations and market
investment. China’s economy also remains on a conditions.
slowing trend as household consumption has not fully
recovered. Procedurally, the dividend distribution proposal is
submitted by the Board of Directors to the President
Meanwhile, India’s growth is expected to be weaker Director and approved by the Board of Commissioners.
due to declining domestic demand and external sector The proposal is then submitted to the Annual GMS for
performance. Going forward, the still-high level of global approval by Shareholders.
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Management Discussion and Analysis
Financial Performance Overview
Dividend Realization
In 2025, the Bank distributed dividends of Rp562 billion, equivalent to Rp52.85 per share. The details of the dividend
distribution are outlined in the table below.
Dividends Distributed Dividend to Net Income
Fiscal year Dividend Year Payment date Dividend per Share (Rp)
(Rp Million) Ratio (%)
2024 2025 23 Mei 2025 562,597 52.85 20
2023 2024 19 April 2024 471,667 44.30 20
2022 2023 11 Mei 2023 619,140 76.85 20
LONG-TERM COMPENSATION: EMPLOYEE AND MANAGEMENT STOCK OWNERSHIP
PROGRAM
The Bank implemented a stock ownership program for employees in 2016. This program is a form of long-term
compensation. The entire program has been implemented in stages and will conclude in 2021.
The Bank also provides variable remuneration to the Board of Directors and Board of Management in the form of
shares, as stipulated in POJK No. 45/POJK.03/2015. This is detailed in the “Corporate Governance” chapter of this
Annual Report.
USE OF PROCEEDS FROM THE PUBLIC OFFERING
The Bank’s planned and realized use of proceeds from the public offering remained unchanged compared to the date
of issuance. Details of the issuance of the Bank’s public offering proceeds and the realized use of the proceeds are
outlined in the table below.
Issuance of Bonds for the Fiscal Year
Bond Name Nominal (Rp) Publication date Due date
Public Offering of BTPN Bank's Self-Registered Bond V with Fixed 114,755 July 8, 2024 July 5, 2027
Interest Rate Phase I 2024 Series A
Public Offering of BTPN Bank's Self-Registered Bond V with Fixed 240,305 July 8, 2024 July 5, 2029
Interest Rate Phase I 2024 Series B
Public Offering of Bank SMBC Indonesia's Self-Registered Bond V 429,910 December 18, 2024 December 17, 2027
with Fixed Interest Rate Phase II 2024 Series A
Public Offering of Bank SMBC Indonesia's Self-Registered Bond V 966,505 December 18, 2024 December 17, 2029
with Fixed Interest Rate Phase II 2024 Series B
Public Offering of Bank SMBC Indonesia's Self-Registered Bond V 670,650 September 3, 2025 September 2, 2028
with Fixed Interest Rate Phase III 2025 Series A
Public Offering of Bank SMBC Indonesia's Self-Registered Bond V 145,400 September 3, 2025 September 2, 2030
with Fixed Interest Rate Phase III 2025 Series B
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Realization of Use of Proceeds from Public Offering
(Rp Million)
Realized Value of Public Offering Results Realization of Fund Use Remaining
Effective Total Public Public Proceeds
No Types of Public Offerings Planned Use Realization
Date Offering Offering Net Result from Public
of Funds of Fund Use Offering
Results Fees
1. BTPN Bank's Self- 27 June 355,060 3,993 351,067 351,067 351,067 0
Registered Bond V with 2024
Fixed Interest Rate Phase I
2024 (series A and series B)
2. Capital Increase by Granting 19 6,731,741 29,466 6,702,275 6,702,275 6,702,275 0
Pre-emptive Rights II February
2024
3. Bank SMBC Indonesia's 27 June 1,396,415 4,271 1,392,144 1,392,144 1,392,144 0
Self-Registered Bond V with 2024
Fixed Interest Rate Phase II
2024 (series A and series B)
4. Bank SMBC Indonesia's 27 June 816,050 2,768 813,282 813,282 813,282 0
Self-Registered Bond V with 2024
Fixed Interest Rate Phase III
2025 (series A and series B)
Details of Use of Proceeds from the Public Offering
Nominal Value
Credit Disbursement Realization During 2025 Business activities
(Rp Million)
Bank SMBC Indonesia’s Self-Registered Bond V Phase II 2024 Wholesale Trade 454,396
Series A and B
Manufacturing 143,846
Financing 793,641
Bank SMBC Indonesia’s Self-Registered Bond V Phase III 2025 Food Industry 17,450
Series A and B
Non-Bank Finance 15,391
Construction 104,120
Water Management 82,644
Wholesale Trade 186,775
Mining 50,000
Telecommunication 87,335
Transportation 269,564
MATERIAL INFORMATION RELATED TO INVESTMENT, EXPANSION, DIVESTMENT,
ACQUISITION, AND DEBT/CAPITAL RESTRUCTURING
In 2025, SMBC Indonesia did not undertake any investment, expansion, divestment, acquisition, or debt/capital
restructuring activities. Therefore, detailed information regarding the purpose, transaction value, and funding sources
for these activities cannot be presented.
MATERIAL TRANSACTIONS CONTAINING CONFLICTS OF INTEREST AND/OR
TRANSACTIONS WITH AFFILIATED/RELATED PARTIES
Material Transactions Containing Conflicts of Interest
During 2025, there were no material transactions between SMBC Indonesia and members of the Board of
Commissioners or members of the Board of Directors that contained a conflict of interest.
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Management Discussion and Analysis
Financial Performance Overview
Transactions with Affiliated or Related Parties
SMBC Indonesia’s recording of related party transactions complies with PSAK No. 224 concerning “Related Party
Disclosures.” An explanation of the details of these transactions up to the period ending December 31, 2025 is outlined
in the table below.
Realization of Transactions with Affiliated/Related Parties
Related Parties Nature of Relationship Nature of Transaction
Sumitomo Mitsui Banking Corporation, Tokyo Controlling shareholder Current accounts with other banks; deposits from
other banks; derivative transactions; acceptance
liabilities
Sumitomo Mitsui Banking Corporation, Singapore Affiliated companies Current accounts with other banks; deposits from
other banks; acceptance liabilities; loans received;
subordinated loans; derivative transactions
Sumitomo Mitsui Banking Corporation, Hong Kong Affiliated companies Current accounts with other banks; deposits from
Branch other banks; derivative transactions
Sumitomo Mitsui Banking Corporation Bank Affiliated companies Current accounts at other banks
International plc, London
Sumitomo Mitsui Banking Corporation, Dusseldorf Affiliated companies Current accounts at other banks
Branch
Sumitomo Mitsui Banking Corporation, Malaysia Affiliated companies Deposits from other banks
Berhad
Sumitomo Mitsui Banking Corporation, Bangkok Affiliated companies Current accounts with other banks; deposits from
other banks; derivative transactions
Sumitomo Mitsui Banking Corporation, Seoul Affiliated companies Securities
Sumitomo Mitsui Banking Corporation, New York Affiliated companies Current accounts with other banks
Sumitomo Mitsui Banking Corporation, New Delhi Affiliated companies Current accounts with other banks
Sumitomo Mitsui Banking Corporation, Osaka Affiliated companies Current accounts with other banks
PT SMFL Leasing Indonesia Affiliated companies Customer deposits; loans provided; derivative
transactions; share investment
PT INA Securities Indonesia Affiliated companies Customer deposits
(formerly known as PT Nikko Sekuritas Indonesia)
PT SBCS Indonesia Affiliated companies Customer deposits
Key management personnel Directors, Commissioners and Loans provided, customer deposits,
executive officers compensation and remuneration payments,
post-employment benefits
Reason for Transactions
Transactions with related parties are primarily conducted for the benefit and sustainability of SMBC Indonesia’s
business. These transactions relate to borrowing and lending funds for business activities, generate business revenue,
and are conducted routinely, repeatedly, and/or continuously.
Related Party Transaction Amount
Details of related party transaction balances are disclosed in Note 40 of the Consolidated Financial Statements as of
December 31, 2025, which is part of this Annual Report.
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TRANSACTION REVIEW AND APPROVAL Statement of the Board of Directors that
POLICY the Transactions have Fulfilled Adequate
Procedures and are in Accordance with
SMBC Indonesia has a policy for reviewing and Generally Applicable Business Practices
approving transactions with related/affiliated parties, The statement of the Board of Directors regarding
which, among others, refers to OJK Regulation Number affiliated transactions, among others, refers to OJK
32/POJK.03/2018 concerning the Legal Lending Limit Regulation Number 42/POJK.04/2020 concerning
for Credit Provision and Provision of Large Funds for Affiliated Transactions and Conflict of Interest
Commercial Banks and its amendments, namely POJK Transactions. In line with these provisions, the Board of
Number 38/OJK.03/2019. Directors states that all affiliated transactions carried
out by the Bank as part of its business activities have
The regulation emphasizes: (1) Banks are prohibited fulfilled applicable and adequate procedures
from granting Provision of Funds to Related Parties that
are contrary to the general procedures for Provision of The Board of Commissioners and Audit
Funds. (2) Banks are prohibited from granting Provision Committee’s Role in Ensuring Transactions
of Funds to Related Parties without the approval of the Are Carried Out in Compliance with
Bank’s Board of Commissioners. (3) Banks are prohibited Generally Applicable Business Practices,
from purchasing low-quality assets from related parties. Which, Among Other Things, Comply with
the Arms-Length Principle
The description below is also part of the review and In accordance with its duties and functions, the
approval process for related/affiliate transactions. Audit Committee always reviews the Bank’s
businessactivities, especially in the financial sector,
Fairness, Review Mechanisms, and includingtransactions with affiliated/related parties.
Compliance with Regulations for The Board of Commissioners receives reports as part
Transactions with Affiliated Parties of itssupervisory function as well as to ensure that
The Bank has a policy to provide approval as a review affiliated transactions are carried out in accordance with
mechanism for transactions with related parties. The the arm’s length principle.
transactions are carried out fairly and in accordance with
applicable provisions and regulations. Transactions with The Board of Commissioners assesses that the
related parties also have the same terms and conditions transactions carried out by the Bank throughout 2024
as those applicable to third parties. have met the elements of regulatory compliance,
including OJK Circular Letter Number 42/POJK.04/2020.
The Bank conducts transactions with related parties
due to ownership and/or management relationships. All References in the Financial Statements
transactions with related parties have been carried out Information related to transactions with affiliated/related
with policies and conditions that have been mutually parties is described in more detail in the audited financial
agreed upon. statements, in Note 40 to the consolidated financial
statements, which is also included in this Annual Report.
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Management Discussion and Analysis
Financial Performance Overview
CHANGES IN REGULATIONS WITH SIGNIFICANT IMPACT
In 2025, several new regulations were issued that could impact the business activities of SMBC Indonesia and its
subsidiaries, including:
Impact on Financial Statements
No Regulation Main Provisions
(if any)
1. SEOJK No. 14/SEOJK.03/2025 The implementation of governance in the banking Does not have a significant
concerning the Implementation of industry shall consistently be based on the following 5 impact on the financial
Governance for Commercial Banks fundamental principles of Good Corporate Governance statements for the current
for Banks as follows: reporting period or prior financial
• Transparency periods
• Accountability
• Responsibility
• Independence
• Fairness
2. PADG No. 19 of 2025 concerning • Monetary Operation Infrastructure Does not have a significant
Monetary Operation Infrastructure • Monetary Operation Participation impact on the financial
and Participation • Monetary Operation Participation Process statements for the current
• Supervision of Monetary Operation Participation reporting period or prior financial
• Monetary Operations Participation in Bank periods
Resolution
3. POJK No. 19 of 2025 concerning Encourages the distribution of financing by Banks and Does not have a significant
Facilitation of Access to Financing for shall be accompanied by provisions affirming adequate impact on the financial
Micro, Small, and Medium Enterprises Governance and Risk Management in the provision statements for the current
of access to financing for Micro, Small, and Medium reporting period or prior financial
Enterprises periods
4. SEOJK No. 29/SEOJK.03/2025 Umbrella provisions concerning Bank Reports disclosed Does not have a significant
concerning Transparency and to the Public, as well as the strengthening of the impact on the financial
Publication of Commercial integrity and competence of financial statement statements for the current
Conventional Bank Reports preparers, namely Executive Officers responsible for the reporting period or prior financial
preparation of financial statements, and members of the periods
financial statement preparation team.
5. PADK No. 37/PADK.08/2025 • Provision of product and service information Does not have a significant
concerning the Provision and • Disclosure of information for the marketing of impact on the financial
Disclosure of Information for the products and services statements for the current
Marketing of Financial Products and • Cooperation between Financial Service Business reporting period or prior financial
Services Actors (PUJK) and Third Parties in the provision periods
and disclosure of information for the marketing of
products and services; and
• Documentation of product and service information
materials by PUJK
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CHANGES IN ACCOUNTING POLICIES
In 2025, there were no changes to Accounting Policies, but SMBC Indonesia made the following changes to its
accounting estimates:
1. The days past due for consumer financing receivables.
2. The useful lives of fixed assets under the Office Inventory group, consisting of Networks and Servers, are applied
prospectively.
Reason for Change
Here are the reasons why the changes in accounting estimates were made:
1. To reflect declining recovery performance for restructured contracts and incorporate adjustments established for
restructured contracts with days past due more than 180 days.
2. Fixed assets in this asset group have longer useful lives than previously estimated.
Impact on Financial Statements
The following are the impacts on the Financial Statements:
1. The impact on change in estimates used to calculate SMBC Indonesia expected credit losses amounted to
1,195,134 million, and the management overlay amounted to Rp730,625 million.
2. No material impact on the financial statements.
TAXPAYER COMPLIANCE
Tax Management and Payment Policy
SMBC Indonesia’s tax management and compliance policies, including tax payments, are outlined in the Bank’s
standard tax operating procedures. Compliance with tax regulations as a taxpayer is part of good corporate
governance. Therefore, the Bank consistently fulfills these obligations.
Tax Payment Realization
(Rp Million)
Description 2025 2024 2023
Corporate Income Tax 271,332 514,201 515,697
Employee Income Tax 406,065 377,713 345,134
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Management Discussion and Analysis
Marketing
Aspect
SMBC Indonesia recognizes that marketing activities
are a critical component of the Bank’s operations,
aimed at achieving its business targets. Evolving
customer expectations continue to drive intensifying
competition across the financial services industry,
particularly within the banking sector.
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SMBC Indonesia recognizes that marketing activities are To serve SME customers, SMBC Indonesia Business
a crucial part of the Bank’s operations, as they help the Banking will focus on developing existing services
Bank meet its business targets. That awareness holds through the optimization of branch networks and
true in the ever-evolving customer expectations that are infrastructure. Furthermore, SMBC Indonesia Business
driving increased competition in the financial industry, Banking has developed electronic channels through
particularly in banking. mobile platform and Touchbiz website which currently
have digital capabilities for simple payment, transaction,
Therefore, marketing activities are crucial. The Bank and cash management.
continuously improves service quality and develops
effective marketing strategies to address the SMBC Business Banking also collaborates with several
increasingly diverse needs of its customers. strategic partners to enhance customer acquisition.
These collaborations also include business development
For SMBC Indonesia, maintaining and increasing market training and education for bank customers and potential
share is crucial for sustainable business growth. This customers.
is also true for initiatives to provide the best possible
service to customers. The Bank also continues to enhance collaboration and
synergy among business lines, such as Corporate, Retail
Banking, and Business Banking, to increase cross-selling
MARKETING STRATEGY activities for SMBC Indonesia.
In 2025, SMBC Indonesia determined and put into In the Retail Lending segment, to serve retirees in
action marketing strategies aimed at boosting the remote locations, SMBC Indonesia continues to develop
effectiveness of its products and services. This was payment point networks in collaboration with PT Pos
done not only to improve the Company’s business Indonesia, as well as with third parties, such as electronic
performance but also to provide maximum satisfaction payment device providers and other parties with
to customers. extensive service/outlet networks.
Regarding Corporate services, SMBC Indonesia Additionally, development in the micro sector remains
continues to collaborate with the Business Banking focused on financing in the form of capital access loans
and Retail Banking segments for cross-sell activities for and banking services for productive economic actors
Customers by offering payroll services with the aim of (MSMEs) and their communities. Financing provided
Jenius accounts for company employees and providing to customers includes loans tailored to the needs of
working capital loans related to the supply chain and their businesses to enhance their business capacity.
will continue in 2026. In terms of digitizing banking Micro customers are provided with product options
transactions, SMBC Indonesia has been equipped with tailored to their business cycles, loan purposes, and
system integration capabilities using SNAP-based APIs, currently, the development of micro product potentials
including Balance Inquiry API, Transfer API (transfer and is expanded not only through direct offers to MSMEs
to other Banks using BI-FAST), and Virtual Account API. but also through business model cooperation with
SMBC Indonesia partners (community partnerships).
In terms of systems, the Bank has several electronic Micro customers are provided with capacity-building
Banking (e-Banking) platforms including SMAR&TS, programs through the SMBC Indonesia Daya.id online
Jenius, and Business Access. SMBC Indonesia aims to program so that they can scale up their businesses.
continually create innovative platforms to enhance
our services, explore new business opportunities, and
initiate Greenhouse Gases emission calculations across
the supply chain of our corporate customers, in line with
Greenhouse Gases protocol.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 155
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Management Discussion and Analysis
Marketing Aspect
SMBC Indonesia also continues to establish new During the name change to SMBC Indonesia, Jenius also
partnerships with third parties in providing financing to introduced the new Jenius Visa Debit Card design and
individual and corporate debtors, both in joint financing Jenius booth. The new Jenius Visa Debit Card design is
and channeling schemes. available in white color as a symbol of a new sheet of
an increasingly meaningful journey, both nationally and
Aligned with the advancements in information internationally. This new design represents the spirit of
technology in the financial industry, including banking, Think Unthinkable Jenius, who always thinks and creates
the Bank has also implemented online-based marketing something out of the same mindset. Meanwhile, with the
strategies for customers, such as web meetings, to new booth display, Jenius invites customers to interact
quickly and accurately address every financial need and become part of BANK BTPN’s transformation into
customers may have. Additionally, the Bank regularly SMBC Indonesia. These two innovations provide an
provides educational services to customers on various exciting new experience in digital banking.
topics beyond banking products, such as seminars,
training sessions, and Corporate Social Responsibility Jenius continues to collaborate with partners to provide
(CSR) programs. increasingly complete services such as for the Jenius
Credit Card Yay Points redemption category for e-wallet,
Regarding Jenius, to enhance and deliver increasingly travel, and lifestyle categories that can be redeemed
relevant services to customers, the Bank continues to in real-time directly from the application. In addition, to
develop revolutionary features in the Jenius application. reach more people, Jenius is also still collaborating with
The development process for these features, both well-known running events in Indonesia as a co-title
enhancing existing features and introducing new ones, sponsor and official banking partner and holding various
involves co-creation by listening to ideas and feedback activities with communities in cities in Indonesia.
from users and potential users.
Furthermore, to fulfill the Bank’s obligations under OJK
Customer experience using Jenius is maximized for Regulation No. 51/POJK.03/2017 regarding sustainable
domestic and international transactions. Customers finance implementation for Financial Services
can sell and buy foreign currencies in Jenius without Institutions, Issuers, and Public Companies, SMBC
time restrictions, 24 hours a day, seven days a week. Indonesia cooperates with SMBC and other agencies to
Domestically, customers can send funds from Jenius to organize workshops/ seminars related to Environment,
other banks that are members of the BI-FAST network Social, Governance (ESG) for corporate customers. This
without fees, without quotas, and every day. In addition, helps customers gain knowledge/awareness of ESG,
any cashback earned from the promo will be deposited which can then assist them in transitioning to net zero
in Cash Cow, a special savings feature that can be used emissions. SMBC Indonesia was also selected as one of
when customers make transactions. the banks in the implementation of the pilot project for
reporting Indonesia’s Green Taxonomy (THI). This opens
On the credit side, Jenius also presents Creditbility as a up opportunities for financing and other opportunities
feature that allows customers to access credit products related to ESG/sustainability (including the development
in Jenius at once in one application. Customers can also of ESG-related financing facilities - green, social, and
manage credit products more practically and safely in sustainability-linked loans) for corporate customers. As
one application, with the flexibility of allocating credit part of the SMBC Group, SMBC Indonesia will identify
limits in three Jenius credit products, namely Jenius and control emissions financed across its loan portfolio,
Paylater, Flexi Cash, and Jenius Credit Card. especially for sectors with emission reduction targets
set by SMBC.
156 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Moreover, with the increasing awareness of corporate This strategy aims to maximize differentiation
customers about environmental and social issues, opportunities amid competition by offering funding
there is a growing trend among corporate customers products that not only provide financial benefits but
to seek financial products that align with these values. also have a real positive impact. By focusing on ESG
This includes not only financing but also funding principles, SMBC Indonesia can enhance its reputation
through deposit products. Through ESG Deposits, as a positive agent of change in society, increase
SMBC Indonesia encourages corporate customers customer loyalty, and attract the attention of potential
to participate in creating sustainability in the financial customers who share these values. To support
sector. ESG Deposits reflect a commitment to good maximum service to customers, the Bank continually
corporate governance, emphasizing integrity and ethics measures Service Level Agreements (SLAs). The Bank
in fund management. This approach is supported by handles customer complaints well, especially to ensure
transparency, where sectors that can be supported by they are responded to promptly and accurately.
the ESG Deposit framework can be accessed through
the official Bank SMBC Indonesia website.
MARKET SHARE
Information on SMBC Indonesia’s market share in 2025 is presented in the following table.
Bank SMBC Indonesia Market Share
(Rp Million, unless stated otherwise)
Criteria Description 2025 2024
Assets Commercial Bank 13,646,417 12,460,955
SMBC Indonesia 245,848 241,096
Market Share 1.9% 1.9%
Total Third-Party Funds Commercial Bank 10,057,543 8,837,242
SMBC Indonesia 131,001 121,318
Market Share 1.3% 1.4%
Total Loans Commercial Bank 8,585,829 7,827,148
SMBC Indonesia 185,388 179,405
Market Share 2.2% 2.33%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 157
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Risk Management 158 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk
Management
Risk Management Policy 161
Implementation of Risk Management 163
Risk Management Organization 163
Description of Risk Management Implementation 164
Review of the Effectiveness of 167
the Risk Management System
Statement of the Board of Directors and/or Board of 167
Commissioners or Audit Committee on the Adequacy
of Risk Management
Internal Control System 168
Capital Disclosure 168
Disclosure of Risk Exposure 185
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 159
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Risk Management
Risk
Management
SMBC Indonesia has established a risk management
implementation framework as set out in the Bank’s
Risk Management Policy, as well as the Integrated
Risk Management and Capital Adequacy Policy for
the Financial Conglomeration.
160 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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The risk management implementation of PT Bank 2. Risk identification and mitigation clearly, and
SMBC Indonesia Tbk (“SMBC Indonesia”, “Bank”) is a controlled, specially related to Bank’s product and
process for identifying, measuring, monitoring, and transaction.
controling the risks faced by SMBC Indonesia and its 3. Clear segregation on each risk type management.
Subsidiaries. The entire process ensures that the Bank’s 4. The methodology and management information
business activities does not incur losses exceeding the system used, is able to measure risk and support
predetermined risk appetite or even disrupt the Bank’s the business.
business continuity. 5. Determination of authority and limit amount that
describes the maximum risk of losses, which can be
The Bank’s risk management activities are conducted accepted, in line with the Bank’s risk tolerance and
both on individual and consolidated basis. All these appetite.
activities are guided by applicable laws, regulations, 6. Business continuity management plan.
and legislation, particularly from Financial Services 7. Cyber Security & Information Risk Management.
Authority (OJK) governing the implementation of risk 8. Policies that regulate Bank products and activities,
management for commercial banks and the Basel which regulate the submission mechanism up to
regulations issued by the Basel Committee on Banking the termination of products and/or services.
Supervision (BCBS). 9. Credit policy as a credit guideline, that regulate loan
process, analysis, approval and legal lending limit,
The risk management framework is implemented documentation, limit setting and reporting.
through adequate policies, procedures, risk 10. Measurement and determination of Bank’s risk level
management tools, risk limit setting, and authority. is provided on risk profile.
The Bank and Subsidiaries carry out continuous risk 11. Policy related Treasury includes liquidity risk
management development in line with increasing management and policy related to Asset and
business complexity and developments in organization, Liabities Management (ALMA).
strategy, and information system management.
References to statutory regulations that form the basis
The implementation of risk management within SMBC for implementing Bank risk management include:
Indonesia includes: 1. OJK Circular Letter Number 14/SEOJK.03/2025 on
1. Active oversight of the Board of Directors and the Governance Practice for Commercial Banks.
Board of Commissioners; 2. OJK regulation Number 22 of 2025 concerning
2. Adequacy of risk management policies and Commercial Bank Reporting Through the Financial
procedures, as well as risk limits determination; Services Authority Reporting System.
3. Adequacy of risk identification, measurement, 3. Bank Indonesia Regulation Number 2 of 2024 on
monitoring, and control processes as well as risk Information System Security and Cyber Resilience
management information systems; and for Payment System Operators, Money Market and
4. Comprehensive internal control System. Foreign Exchange Market Players, and Other Parties
Regulated and Supervised by Bank Indonesia.
4. Board of Governors Regulation Number 24 of 2024
RISK MANAGEMENT POLICY on the Explanation of Bank Indonesia Regulation
Number 2 of 2024 concerning Information System
SMBC Indonesia implements risk management policies Security and Cyber Resilience for Payment System
consistently, in line with the Bank’s vision, mission, and Operators, Money Market and Foreign Exchange
strategic plans. This policy is established to ensure that Market Players, and Other Parties Regulated and
the Bank’s risk exposure is in line with internal policies and Supervised by Bank Indonesia.
procedures as well as applicable laws and regulations. 5. OJK regulation Number 15 of 2024 concerning the
Integrity of Bank Financial Reporting.
Several factors to consider in implementing risk 6. OJK Regulation Number 12 of 2024 concerning
management policies are as follows: the Implementation of Anti-Fraud Strategies for
1. Business and product type conducted, in Financial Services Institutions.
accordance with Bank’s vission, mission and
business strategy.
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Risk Management
7. OJK regulation Number 5 of 2024 concerning 26. OJK Circular Letter Number 34/SEOJK.03/2016
Determination of Supervision Status and Handling concerning Implementation of Risk Management
of Commercial Bank Problems. for Commercial Banks.
8. OJK Regulation Number 30 of 2024 concerning 27. OJK Regulation Number 34/POJK.03/ 2016
the Financial Conglomerate and Financial concerning Amendments to OJK Regulation
Conglomerate Holding Company. Number 11/POJK.03/2016 dated 29 January 2016
9. OJK Regulation Number 17 of 2023 concerning concerning Minimum Capital Requirements.
Implementation of Governance for Commercial 28. OJK Circular Letter Number 26/ SEOJK.03/2016
Banks. concerning Minimum Capital Provision Requirement
10. OJK Regulation Number 21 of 2023 concerning in accordance with Risk Profile and Fulfillment of
Digital Services by Commercial Banks. Capital Equivalency Maintained Assets.
11. OJK Regulation Number 22 of 2023 concerning 29. OJK regulation Number 4/POJK.03/ 2016
Consumer and Public Protection in the Financial concerning Assessment of Commercial Bank
Services Sector. Soundness Level.
12. Bank Indonesia Regulation Number 3 of 2023 30. OJK Circular Letter Number 15/SEOJK.03/2015
concerning Bank Indonesia Consumer Protection. concerning the Implementation of Integrated
13. Law Number. 27 of 2022 concerning Personal Data Governance for Financial Conglomeration.
Protection. 31. OJK Circular Letter Number 14/SEOJK.03/2015
14. OJK Regulation Number 11/POJK.03/2022 concerning the Implementation of Integrated Risk
concerning the Implementation of Information Management for Financial Conglomeration.
Technology by Commercial Banks. 32. OJK regulation Number 26/POJK.03/ 2015
15. OJK Circular Letter Number 29/SEOJK.03/2022 concerning Integrated Minimum Capital Adequacy
concerning Cyber Resilience and Security for Requirement for Financial Conglomerates.
Commercial Banks. 33. OJK Regulation Number 18/POJK.02/2014
16. Bank Indonesia Regulation Number 23/ 07/ concerning the Implementation of Integrated
PBI/2021 concerning Payment System Good Corporate Governance for Financial
Infrastructure Providers. Conglomeration.
17. OJK Regulation Number 12/POJK.03/2021 34. OJK Regulation Number 17/POJK.03/2014
concerning Commercial Banks. concerning the Implementation of Integrated Risk
18. OJK Regulation Number 13/POJK.03/ 2021 Management for Financial Conglomeration.
concerning the Implementation of Commercial 35. Basel Committee on Banking Supervision (BCBS).
Bank Products.
19. OJK Regulation Number 1/POJK.03/ 2019 dated 28 The Bank also has a number of internal provisions
January 2019 concerning the Implementation of related to the implementation of risk management,
the Internal Audit Function in Commercial Banks. including:
20. OJK Circular Letter Number 21/ SEOJK.03/2017 1. Corporate Governance Manual.
concerning the Implementation of Risk 2. Risk Management Policy.
Management in the Use of Information Technology 3. Compliance Policy.
by Commercial Banks. 4. Internal Audit Policy and Internal Audit Charter.
21. OJK Regulation Number 38/POJK.03/ 2017 5. Credit Policy
concerning the Implementation of Consolidated 6. Operational Risk Management Policy
Risk Management for Banks that Control 7. Cyber and Information Security Risk Management
Subsidiaries. Policy.
22. OJK Circular Letter Number 35/ SEOJK.03/2017 8. Business Continuity Management Policy.
dated July 7, 2017 concerning Standard Guidelines 9. Insurance Management Policy.
for Internal Control Systems for Commercial Banks. 10. Anti-Fraud Strategy Policy.
23. OJK Regulation Number 46/POJK.03/ 2017 dated 11. Third Party Risk Management Policy.
July 12, 2017 concerning the Implementation of 12. Information Technology Use Policy.
Commercial Bank Compliance Functions. 13. Internal Control Policy on Financial Information and/
24. OJK Circular Letter Number 14/ SEOJK.03/2017 or Financial Statements.
concerning Commercial Bank Soundness Level. 14. Integrated Risk Management and Capital Adequacy
25. OJK Regulation Number 18/SEOJK.03/2016 for Financial Conglomerate Policy.
concerning the Implementation of Risk 15. Product and Service Policy.
Management for Commercial Banks. 16. Data Governance and Management Policy.
17. Market Risk and Liquidity Management Policy.
162 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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IMPLEMENTATION OF RISK MANAGEMENT These regular meetings also provide recommendations
towards follow-up improvements and enhancement
Regulations that serve as references for SMBC to the Bank’s risk management implementation.
Indonesia in implementing risk management include Furthermore, the Risk Management Directorate regularly
OJK Regulation No. 18/2016 and Circular Letter No. 34/ reviews risk management policies, procedures, and
SEOJK.03/2016 concerning the Implementation of Risk tools, including providing socialization and awareness to
Management for Commercial Banks and OJK Regulation all work units on managing existing risks.
No. 38/POJK.03/2017 concerning the Implementation
of Consolidated Risk Management for Banks that
Control Subsidiaries, as well as OJK Regulation No. 30 of RISK MANAGEMENT ORGANIZATION
2024 concerning Financial Conglomerate and Financial
Conglomerate Holding Company. The Bank submits a The risk management organization of the Bank and
Risk Profile Report every quarter, both individually and its Subsidiaries involves supervision from the Board
consolidated, as well as an Integrated Risk Profile Report of Directors and the Board of Commissioners. The
every semester. Bank and its Subsidiaries have also established a Risk
Monitoring Committee as the highest supervisory body
The implementation of risk management at SMBC at the Commissioner level and a Risk Management
Indonesia is managed by the Risk Management Committee and/or a Non-Financial Risk Management
Directorate, which is independent from business and Committee at the Board of Directors level, which are
operational units. The Risk Management Committee and very important parts of risk control, as control units that
Non-Financial Risk Management Committee, comprising monitor all risks inherent in the operational activities of
members from the Board of Directors and the Board the Bank and its Subsidiaries.
of Management, and the Risk Monitoring Committee,
comprising members from the Board of Commissioners, In addition, the Bank and Subsidiaries have
hold regular meetings to discuss the risks and issues also established Integrated Risk Management
faced by the Bank. In addition, for the implementation of Committee, which has the responsibility to provide
risk management within the Financial Conglomerate, the recommendations to the Bank’s Board of Directors
Bank has established an Integrated Risk Management FCHC regarding matters relating to the implementation
Committee which held a meeting at least once every of Integrated Risk Management, including the
semester. establishment and improvement of relevant Risk
Management Policies, Strategies and Frameworks. The
Committee is the control unit that monitors all risks
inherent in the operational activities of the Bank and
Subsidiaries.
President Director
Head of Risk Management
Portfolio Operational Risk Market & Liquidity
Cyber Security Risk Integrated Risk
Management Management Risk Management Credit Risk Head
Management Head Management Head
& Policy Head Head Head
In carrying out their duties regarding the implementation of risk management, the Board of Commissioners and the
Board of Directors are assisted by committees and work units, namely:
1. Risk Monitoring Committee
2. Risk Management Committee
3. Non-Financial Risk Management Committee
4. Fraud Committee
5. Credit Policy Committee
6. Assets and Liabilities Committee (ALCO)
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Risk Management
7. Information Technology Steering Committee In implementing Integrated Risk Management, the
8. Integrated Risk Management Committee (IRMC) Integrated Risk Management Unit (IRMU) function under
9. Risk Management Work Unit RMU.
10. Internal Audit
11. Risk Taking Unit IRMU functions to assist the Board of Directors (FCHC) in:
1. Provide input in the preparation and improvement
The Risk Management Unit (RMU) is an independent unit of Integrated Risk Management policy to both the
of the Risk Taking Unit that carries out risk management Board of Directors and IRMC.
functions. RMU is led by the Head of Risk Management 2. Monitor the implementation of Integrated Risk
and is directly responsible to the President Director. Management policy, including developing
procedures for implementing the Integrated Risk
RMU functions to assist the Board of Directors in: Management process.
1. Providing recommendation to Board of Directors, 3. Conduct assessment or calculation for integrated
covering development of risk management policy, capital adequacy.
strategy and guideline also Bank’s cyber security 4. Conduct risk monitoring in the Conglomeration by
roadmap. monitoring the Financial Services Institution (FSI)
2. Perform the process of risk identifying, risk profile assessment result of each member
measurement, monitoring and control, related to of the Conglomerate, risk appetite in integrated
Bank’s business activity including those related to manner and integrated risk profile of the
cyber and information security risks. Conglomeration.
3. Monitoring the implementation of risk management 5. Perform stress tests on the Conglomerate’s
policy, strategy and guideline. capability in facing stress scenarios specific to the
4. Monitoring of overall risk position/exposure, risk Conglomeration’s or the market in general.
by type, and by type of functional activity, and 6. Carry out periodic reviews on the accuracy
perform stress testing. of the risk assessment methodology; the
5. Review risk management process. adequacy of the risk management information
6. Perform risk assessment of new activity and/ system implementation; the appropriateness of
or product, including the enhancement or policies, procedures, and the integrated risk limit
amendment. determination.
7. Give recommendation to risk taking unit and Risk 7. Reviewing the impact of new line of business to the
Management Committee, in accordance with the Conglomeration which can significantly affect the
authority given. Conglomeration risk exposure.
8. Provide and submit Bank’s risk profile report 8. Provide information to IRMC regarding issues that
to Board of Directors and Risk Management need to be followed up related to the evaluation
Committee, at least quarterly, and reporting to OJK result of the Integrated Risk Management
periodically, as regulated. implementation.
9. Establish the implementation of risk management 9. Prepare and submit Integrated Risk Profile
tools and evaluate the accuracy of models and Reports and Integrated Capital Adequacy Reports
validity of data used for measuring risks for Bank. periodically to the Board of Directors of the FCHC,
10. Coordinate Bank’s internal control and risk control IRMC and Regulators.
functions to ensure the availability and adequacy of
control over all risks from each process carried out
by all line of business and support function work DESCRIPTION OF RISK MANAGEMENT
units. IMPLEMENTATION
11. Conduct cyber security maturity assessments and
cyber security testing on a regular basis at least SMBC Indonesia has a risk management
once a year including reporting to regulators. implementation process that has been stipulated in
12. Report any cybersecurity incidents that occur to the Risk Management Policy and Integrated Risk
the regulator within the timeframe as stated in the Management and Capital Adequacy for Financial
regulations and coordinate the handling of incidents Conglomerate Policy. The series of processes are
that occur (if any). presented in the table below.
13. Ensure consistency of the risk management
implementation across the 8 (eight) types of risk.
164 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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No. Process Description
1. Risk Identification All types of risks inherent in every product, service, and business activity must be identified.
This is conducted to determine potential risks and impacts, allowing the Bank to prepare control
mechanisms. Risk identification must be carried out by each Risk Taking Unit as the first line of
defense and strengthened by oversight by the Risk Management Unit, Compliance and Legal,
Finance and Planning, and Human Resources as the second line of defense, taking
into account the following factors:
a. Carrying out risk identification periodically.
b. Having policies and tools to identify risks in all Bank products and business activities.
c. The identification process is carried out by analyzing all sources of risk from the Bank’s
products, services, and activities and ensuring that risk management has gone through an
adequate risk management process prior to being implemented.
2. Risk Measurement All risks that have been identified must be measured as part of the evaluation of the results of the
implementation of risk management and the basis for determining corrective action. One way
to measure risk exposure is to determine risk parameters. These parameters must be adjusted if
there are material changes in the product, process, or risk factors occur.
3. Risk Monitoring and Limits The Risk Taking Unit and Risk Management Unit are required to monitor risk exposure and risk
limits and report this to the Board of Directors and Board of Commissioners periodically.
4. Risk Control Risk control must be carried out towards Bank’s products, services, and activities. Risk control
refers to the three lines of defense model, namely the Risk Taking Unit and Business Risk/ICR as
the first line of defense. Risk Management Unit, Compliance and Legal, Finance and Planning,
and Human Resources are the second line of defense, and Internal Audit (SKAI) is the third line of
defense.
5. Risk Management Information Risk Management Information System can accommodate risk mitigation strategy accurately and
System informatively, regarding financial conditions, functional performance and current risk exposures,
safely, consistent, available, timely and with an audit trail.
6. Implementation of Consolidated Consolidated risk management monitoring is limited to subsidiaries operating in the financial
Risk Management sector. This is in accordance with OJK regulations, which include:
a. Oversight of the Board of Directors and the Board of Commissioners.
b. Adequacy of risk management policy and procedures, as well as risk limits determination.
c. Adequacy of risk identification, measurement, monitoring, and control processes as well as
risk management information.
d. Comprehensive Internal Control System.
7. Implementation of Integrated Implementation of Integrated Risk Management is carried out based on the Integrated Risk
Risk Management Management Policy prepared by the Bank as the FCHC. This policy is a guideline for the FCHC
and Financial Services Institutions members of the Conglomerate in carrying out risk and capital
management activities, especially those related to the Financial Conglomerate.
To support the effective implementation of Integrated Risk and Capital Management, the Bank
established Integrated Risk Management Committee (“IRMC”) as well as the IRMU function.
Climate Risk Management strategy, risk management, as well as metrics and
In accordance with POJK No. 17 of 2023 and OJK targets, and preparing the CRMS implementation
guidance, SMBC Indonesia has starts identifying process in accordance with OJK guidance.
climate-related risks, both transition and physical risks.
The identification process is carried out through pilot Risk Management Culture
project of Climate Risk Management and Scenario SMBC Indonesia considers it is important for all
Analysis (CRMS). The first phase of the CRMS piloting employees to know and understand the various
has been implemented in 2024, covering 50% of the risks faced in the Bank’s activities. Therefore, a risk
Bank’s portfolio for productive loan based on OJK management culture is implemented by building trust,
priority sectors. This is followed by a second phase of implementation, and management supervision, which
the CRMS piloting in 2025, covering 100% of the Bank’s will ensure that the Bank’s activities are carried out in
portfolio for both productive and consumer loan. accordance with the prudent principle.
The scenarios used in carrying out Climate Risk Risk culture is established through:
Management and Scenario Analysis (CRMS) refer to 1. Direction and oversight from the Board of Directors
scenarios in accordance with OJK directions as outlined and Board of Commissioners.
in the Climate Risk Management and Scenario Analysis 2. Introduction of risk management as an integral part
(CRMS) guidance. of business implementation.
3. Compliance with all applicable policies, procedures,
Based on the results of the second phase of the CRMS laws, and regulations.
piloting, SMBC Indonesia starts preparing a climate risk
management framework that is integrated with the
risk management of the Bank, covering governance,
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Risk Management
Risk awareness and culture are built at all levels of the 10. Continuously monitoring the risk management of
organization through: subsidiaries by Bank SMBC Indonesia, as the parent
1. Risk management by the Board of Directors and company.
Board of Commissioners is carried out through a 11. Improving human resource knowledge through
monitoring and supervision process at meetings internal and external training.
of the Risk Monitoring Committee and Risk
Management Committee. Plan for 2026
2. Communication of the expected level of risk profile 1. The Bank will continuously develop a framework for
is carried out through determining various risk limits the implementation of climate risk management
and portfolio management. and continue the implementation of the Climate
3. Giving authority to employees to handle risks Risk Stress Test in accordance with regulatory
carefully in carrying out bank business activities. directives.
Oversight of the implementation of risk 2. Continue the process of stabilizing data flows for
management is carried out, among other things, monitoring and adding non-conventional data for
by self-assessment methods and an internal climate risk analysis/identification purposes.
monitoring system. 3. Continue the initiative to develop the Financial
4. Implementation of training and/or risk awareness Risk Analytics Framework by enhancing system
campaigns, which are carried out periodically and capabilities.
continuously. 4. Maintain the Bank’s risk profile in line with the Bank’s
5. Compliance with all applicable policies, procedures, risk appetite.
laws, and regulations. 5. Develop a risk monitoring framework to strengthen
6. Monitoring the effectiveness of risk management in the implementation of integrated risk management
all areas. and oversight functions within the SMBC Financial
Conglomerate.
Focus in 2025 6. Develop the Internal Control & Risk System
1. The Bank began identifying climate risks through (ICRS) application to strengthen operational risk
the implementation of a Climate Risk Stress Test management, implement initiatives to strengthen
and implementing climate-related initiatives in the Bank’s internal control system, and prepare for
accordance with regulatory directives. the implementation of operational resilience.
2. The Bank was in the process of stabilizing data 7. Continue the implementation of cybersecurity
integration to ensure the continued development of and information risk management at the Bank in
automated reporting. line with the Cybersecurity & Information Security
3. Maintaining the Bank’s risk profile in line with the roadmap, improve cybersecurity and information
Bank’s risk appetite management mechanisms, strengthen the
4. Developing and implementing an Integrated Risk Bank’s detection and response capabilities to
Management framework and policy within the potential cybersecurity threats, and continuously
financial conglomerate. refine the implementation of cybersecurity and
5. Improving the financial analysis framework through information risk management. In addition, the
the implementation of automated scenario-based Bank will also continue developing mechanisms
stress testing simulations in accordance with and implementing personal data protection. The
regulatory directives. implementation of these activities will be carried
6. The Bank planned to strengthen its internal control out in accordance with applicable regulations and
system to combat financial crime to minimize losses. internal provisions.
7. Establishing an Anti-Financial Crime (AFC) Division 8. The Bank will continue to periodically review its
to strengthen broader risk management against Market and Liquidity Risk exposure limits.
financial crime to protect the Bank’s integrity and 9. The Bank will continue to improve tools and
reputation. systems to support analysis and reporting related
8. Establishing a Non-Financial Risk Management to market and liquidity risk through system
Committee to strengthen the Board of Directors’ development, including a support system for the
oversight of Operational Risk, Cyber Risk and implementation of ILAAP.
Information Security, Compliance Risk, Legal Risk, 10. Improve the knowledge of Human Resources,
and Reputational Risk. particularly Credit Officers, through internal and
9. Refining the implementation of cybersecurity external training.
risk management, including information security
management that adheres to regulatory provisions
and applicable standards through procedures and
tools used to manage these risks.
166 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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REVIEW OF THE EFFECTIVENESS OF 9. The Bank has undertaken several initiatives
THE RISK MANAGEMENT SYSTEM and developments for cyber risk management,
including information security management,
SMBC Indonesia conducts a review of the effectiveness and has begun implementing new initiatives to
of the implementation of the risk management system strengthen the Bank’s cyber and information
used at least once a year. For the 2025 financial year, security implementation.
the results of the review are: 10. The Bank has conducted monitoring based on
1. The Bank has implemented Climate Risk reports submitted by its Subsidiaries through the
Management and Scenario Analysis (CRMS) in Communication Flow Procedure.
accordance with regulatory directives and has 11. The Bank has conducted internal and external
begun developing a climate risk management certification and training for human resource
implementation framework. development.
2. The Bank is still stabilizing data flow and adding
newly available information to ensure the smooth
operation of the reporting automation process. STATEMENT OF THE BOARD OF
3. The Bank has submitted a Risk Profile report in DIRECTORS AND/OR BOARD OF
accordance with OJK regulations. COMMISSIONERS OR AUDIT COMMITTEE
4. The Bank has issued an Integrated Risk ON THE ADEQUACY OF
Management Policy that has been adjusted to RISK MANAGEMENT
the latest Financial Services Authority Regulation
(POJK) regarding the Implementation of Integrated In risk management organizations, active oversight by
Risk Management. the Board of Commissioners is carried out through the
5. The Bank is in the process of developing a Financial Risk Monitoring Committee and the Board of Directors
Risk Analytics Framework application through an through the Risk Management Committee. The Board
automated process to conduct stress testing. of Directors directly leads the implementation of risk
6. The Bank has undertaken several initiatives to management within the Bank.
combat financial crime, including monitoring
suspicious transactions or fraud across all business For the implementation of risk management in
segments, providing education and outreach to 2025, the Board of Commissioners and the Board of
internal and external parties regarding awareness Directors consider that the Bank’s risk management is
of financial crime risks, strengthening data analytics adequate. Its implementation has also been aligned with
as an effort to proactively detect fraud, and developments in the Bank’s economic and business
continuously strengthening its internal control conditions.
system, especially in high-risk processes:
• Utilizing a fraud transaction detection and The Bank’s internal policies related to risk management
monitoring system for implementation across refer to applicable laws, including the provisions of the
all business segments. Financial Services Authority, Bank Indonesia, and the
• ORM & AFC collaborates with relevant work Deposit Insurance Corporation. The Bank also has a
units to strengthen internal control processes review mechanism that is carried out periodically on the
for recurring operational risk incidents and effectiveness of risk management implementation.
financial crimes, including fraud.
• Developing a data analysis process framework
for continuous improvement in early fraud INTERNAL CONTROL SYSTEM
detection through data analysis.
The Internal Control System approach used by SMBC
7. The Anti-Financial Crime (AFC) Division was Indonesia is using the 3 (three) lines of defense model.
established in July 2025 under the Compliance & Each of these lines works independently with integrated
Legal Directorate, with the Division Head reporting roles and responsibilities, detailed as follows:
directly to the Compliance & Legal Director.
This division aims to strengthen broader risk First Line of Defense
management against financial crime to protect the It is a Risk Taking Unit (RTU) that is assisted by the
Bank’s integrity and reputation. relevant Business Risk/ICR to enforce daily risk
8. The Bank established a Non-Financial Risk management practices in a disciplined manner.
Management Committee to enhance the Board of
Directors’ oversight of Operational Risk, Cyber and
Information Security Risk, Compliance Risk, Legal
Risk, and Reputation Risk.
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Risk Management
Second Line of Defense
The Risk Management Work Unit, together with Compliance and Legal, Finance and Planning, and Human Resources,
defines, refines, and ensures the implementation of risk management through adequate identification, measurement,
monitoring, and control processes accompanied by adequate policies, procedures, and tools, as well as coordinating/
facilitating overall risk management activities.
Third Line of Defense
As the third line of defense in the Internal Control System, Internal Audit has the function of evaluating the
implementation of risk management and assessing the effectiveness of internal control over all aspects of the Bank’s
activities using a risk-based approach.
Three Lines of Defense Model For Internal Control System
Risk Monitoring Functions & Audit Committees
Board of Directors (BoD)/Board of Management BoM)
Coordination & Collaboration
External Auditors
Regulators
1st Line of Defense 2nd Line of Defense 3rd Line of Defense
Risk Taking Unit Risk Management Internal Audit
Business Risk/ICR Compliance & Legal
Finance & Planning
Human Resources
CAPITAL DISCLOSURE
Capital Structure
The complexity of the Bank’s products and business activities continues to grow. Subsequently, risk measurement
methods and techniques in omping industry. As a response, SMBC Indonesia must always maintain adequate capital
in order to anticipate the risks faced by the Bank.
The Banks must also carry out capital management to ensure that the capital they currently have is above the
minimum level set by the Financial Services Authority (OJK). Capital must also be adequate to anticipate the risks
faced and support the Bank’s business plans and strategic plans in the future.
168 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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The Bank’s capital position as of 31 December 2025 based on applicable OJK regulations is as follows:
Consolidated Key Metrics Report as of 31 December 2025
(In million Rupiah)
No. Deskripsi T T–1 T–2 T–3 T–4
Available capital (amounts)
1 Common Equity Tier 1 (CET1) 44,027,008 45,294,747 44,788,769 44,750,201 44,187,414
2 Tier 1 44,027,008 45,294,747 44,788,769 44,750,201 44,187,414
3 Total capital 49,193,882 50,434,397 49,835,897 49,926,088 49,182,846
Risk-weighted assets (amounts)
4 Total risk-weighted assets (RWA) 167,846,136 169,071,747 167,882,878 173,443,086 163,826,500
Risk-based capital ratios as a percentage of RWA
5 CET1 ratio (%) 26.23% 26.79% 26.68% 25.80% 26.97%
6 Tier 1 ratio (%) 26.23% 26.79% 26.68% 25.80% 26.97%
7 Total capital ratio (%) 29.31% 29.83% 29.69% 28.78% 30.02%
Additional CET1 buffer requirements as a percentage of RWA
8 Capital conservation buffer (2.5% from RWA) (%) 2.50% 2.50% 2.50% 2.50% 2.50%
9 Countercyclical Buffer (0-2.5% from RWA) (%) 0.00% 0.00% 0.00% 0.00% 0.00%
10 Capital Surcharge for Systemic Bank (1%-2.5%) (%) 1.00% 1.00% 1.00% 1.00% 1.00%
11 Total of bank CET1 specific buffer requirements (%) (row 3.50% 3.50% 3.50% 3.50% 3.50%
8 + row 9 + row 10)
12 CET1 Component for buffer 20.08% 20.65% 20.50% 19.60% 20.84%
Basel III leverage ratio
13 Total Exposure 275,569,111 263,738,316 259,133,318 265,714,086 267,196,511
14 Leverage Ratio, including the impact from the 15.98% 17.17% 17.28% 16.84% 16.54%
adjustment of the temporary exemption from account
with Bank Indonesia in regards with the fulfill of
stipulated Minimum Reserve Requirement (if any)
14b Leverage Ratio, excluding the impact from the 15.98% 17.17% 17.28% 16.84% 16.54%
adjustment of the temporary exemption from account
with Bank Indonesia in regards with the fulfill of
stipulated Minimum Reserve Requirement (if any)
14c Leverage Ratio, including the impact of adjustment 15.94% 17.16% 17.28% 16.84% 16.55%
of the temporary exemption from account with
Bank Indonesia in regards with the fulfill of stipulated
Minimum Reserve Requirement (if any), which already
included the average from gross asset carrying value
Securities Financing Transaction (SFT)
14d Leverage Ratio, excluding the impact of adjustment 15.94% 17.16% 17.28% 16.84% 16.55%
of the temporary exemption from account with
Bank Indonesia in regards with the fulfill of stipulated
Minimum Reserve Requirement (if any), which already
included the average from gross asset carrying value
Securities Financing Transaction (SFT)
Liquidity Coverage Ratio (LCR)
15 Total high-quality liquid assets (HQLA) 45,723,921 36,098,129 34,952,303 34,852,429 41,697,340
16 Total net cash outflow 19,291,444 13,664,153 11,514,729 14,091,842 17,060,915
17 LCR ratio (%) 237.02% 264.18% 303.54% 247.32% 244.40%
Net Stable Funding Ratio (NSFR)
18 Total available stable funding 175,554,124 173,748,862 173,487,498 178,159,002 180,332,951
19 Total required stable funding 142,775,894 144,905,031 145,928,334 150,420,445 144,245,411
20 NSFR ratio (%) 122.96% 119.91% 118.89% 118.44% 125.02%
QUALITATIVE ANALYSIS
• The Bank’s core capital as of December 31, 2025, was Rp44 trillion, a decrease compared to the previous period. This was primarily due to
a decrease in other additional capital reserves from current year profit, primarily influenced by an increase in credit provisions at the Bank
and at multifinance subsidiaries due to additional credit provisions as a result of a more intensive portfolio review by the parent company
within the conglomerate framework, which resulted in an increase in credit costs in Q4 2025.
• The Bank’s total capital as of 31 December 2025, was Rp49.2 trillion, a decrease compared to the previous period’s total capital. This was
primarily due to a decrease in core capital.
• Total risk-weighted assets (RWA) increased in 31 December 2025 to Rp167.8 trillion due to a decrease in risk-weighted assets (RWA) for
market risk.
• The decrease in core capital caused a decrease in the CET1 ratio, Tier 1 ratio, and total capital ratio. In December 2025, the total capital
ratio was 29.31%.
Note:
T is quarterly period, T-1 is 1 quarterly previous period
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 169
Page 172
Risk Management
The difference between Consolidation and Mapping Coverage in Financial Statements in accordance with Financial
Accounting Standards with Risk Categories in accordance with the Financial Services Authority Regulations for Risk
Categories (LI1)
(In million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to to capital
reported in Subject to Subject to the Subject to
under scope counterparty requirements
published credit risk securitisation the market risk
of regulatory credit risk or subject to
financial framework framework framework
consolidation framework deduction from
statements
capital
ASSET
Cash 1,246,542 1,246,542 - - - 23,934 1,246,542
Placements with Bank Indonesia 20,430,799 20,430,799 20,430,799 - - 3,510,029 20,430,799
Placements with other banks 3,713,851 3,713,851 3,713,851 - - 1,046,031 3,713,851
Spot and derivative / forward 1,280,872 1,280,872 - 1,280,872 - 609,636 1,280,872
receivables
Securities 25,684,516 25,684,516 25,684,516 - - 1,647,646 25,684,516
Securities sold under repurchase - - - - - - -
agreements (repo)
Claims from securities 1,683,826 1,683,826 - 1,683,826 - - 1,683,826
purchased under resale
agreements (reverse repo)
Acceptance receivables 3,793,458 3,793,458 3,793,458 - - 1,901,176 3,793,458
Loans 175,035,114 175,035,114 175,035,114 - - 47,812,922 175,035,114
Sharia financing/receivables 10,352,755 10,352,755 10,352,755 - - - 10,352,755
Equity Investments 26,572 26,572 22,522 - - 4,050 22,522
Other financial asset 1,349,948 1,349,948 1,349,948 - - 511,009 1,349,948
Impairment on financial assets (7,161,342) (7,161,342) (7,161,342) - - (173,464) (7,161,342)
-/-
a. Securities (71) (71) (71) - - (37) (71)
b. Loans and Sharia financing (7,159,830) (7,159,830) (7,159,830) - - (172,915) (7,159,830)
c. Others (1,441) (1,441) (1,441) - - (513) (1,441)
Intangible assets 6,373,786 6,373,786 - - - - -
Accumulated amortization of (3,715,804) (3,715,804) - - - - -
intangible assets -/-
Fixed assets and equipment 6,220,651 6,220,651 6,220,651 - - - 6,220,651
Accumulated depreciation on (3,915,060) (3,915,060) (3,915,060) - - - (3,915,060)
fixed assets and equipment -/-
Non-productive assets 229,716 229,716 229,716 - - - 229,716
a. Abandoned properties 27,070 27,070 27,070 - - - 27,070
b. Foreclosed assets 202,646 202,646 202,646 - - - 202,646
c. Suspense accounts - - - - - - -
d. Interbranch assets - - - - - - -
Other assets 3,217,965 3,217,965 - - - 14,742 2,514,707
TOTAL ASSET 245,848,165 245,848,165 235,756,928 2,964,698 - 56,907,711 242,482,875
LIABILITIES
Demand deposits 28,853,961 28,853,961 - - - 12,900,892 28,853,961
Saving deposits 24,368,716 24,368,716 - - - 1,699,200 24,368,716
Time deposits 77,778,404 77,778,404 - - - 13,569,329 77,778,404
Electronic money - - - - - - -
Liabilities to Bank Indonesia - - - - - - -
Liabilities to other banks 4,479,647 4,479,647 - - - 3,473,250 4,479,647
170 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 173
(In million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to to capital
reported in Subject to Subject to the Subject to
under scope counterparty requirements
published credit risk securitisation the market risk
of regulatory credit risk or subject to
financial framework framework framework
consolidation framework deduction from
statements
capital
Spot and derivative / forward 1,113,660 1,113,660 - - - 203,345 1,113,660
liabilities
Securities sold under repurchase - - - - - - -
agreements (repo)
Acceptance liabilities 3,214,540 3,214,540 - - - 1,332,096 3,214,540
Securities issued 6,794,041 6,794,041 - - - - 6,794,041
Borrowings 41,905,179 41,905,179 - - - 36,355,397 38,570,179
Margin deposits 620 620 - - - - 620
Interbranch liabilities - - - - - - -
Other liabilities 3,883,683 3,883,683 - - - 498,653 3,883,683
Minority Interest 6,001,946 6,001,946 - - - - 6,001,946
TOTAL LIABILITIES 198,394,397 198,394,397 - - - 70,032,161 195,059,397
EQUITY
Issued and fully paid-in capital 212,919 212,919 - - - - -
a. Authorized capital 300,000 300,000 - - - -
b. Unpaid capital -/- (87,081) (87,081) - - - -
c. Treasury stock -/- - - - - - -
Additional paid-in capital 17,798,805 17,798,805 - - - - 236,534
a. Agio 17,562,271 17,562,271 - - - - -
b. Disagio -/- - - - - - - -
c. Fund for paid up capital - - - - - - -
d. Others 236,534 236,534 - - - - 236,534
Other comprehensive income 802,004 802,004 - - - - (183,702)
a. Profit 1,173,506 1,173,506 - - - - 187,800
b. Loss -/- (371,502) (371,502) - - - - (371,502)
Reserves 42,953 42,953 - - - - -
a. General reserves 42,953 42,953 - - - - -
b. Appropriate reserves - - - - - - -
Profit/loss 28,597,087 28,597,087 - - - - -
a. Previous years 28,654,127 28,654,127 - - - - -
b. Current year 505,557 505,557 - - - - -
c. Payable dividend -/- (562,597) (562,597) - - - - -
TOTAL EQUITY ATTRIBUTABLE 47,453,768 47,453,768 - - - - 52,832
TO THE OWNERS OF PARENTS
TOTAL EQUITY 47,453,768 47,453,768 - - - - 52,832
TOTAL LIABILITY AND EQUITY 245,848,165 245,848,165 - - - 70,032,161 195,112,229
QUALITATIVE ANALYSIS
The financial assets of lending and sharia financing are the assets with the biggest exposure and are subject to credit risk and market risk.
Related to credit risk, the provision for such exposure has been calculated according to the applicable regulations. Meanwhile for market risk,
the Bank has established a risk measurement method and monitors interest rate risk in the Banking Book which is reported regularly at ALCO
committee meetings.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 171
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Risk Management
Key Differences between Carrying Value according to Financial Accounting Standards and
Exposure Value according to OJK Regulations (LI2)
(In million Rupiah)
Items according to:
Total Counterparty
Credit Risk Securitization Market Risk
Credit Risk
Framework Framework Framework
Framework
Asset carrying value amount under scope of regulatory 245,848,165 235,756,928 - 2,964,698 56,907,711
consolidation (as per template LI1)
Liabilities carrying value amount under regulatory scope of 245,848,165 - - - 70,032,161
consolidation (as per template LI1)
Total net amount under regulatory scope of consolidation - 235,756,928 - 2,964,698 (13,124,450)
Off-balance sheet amounts 156,630,084 156,630,084
Differences in valuations
Differences due to different netting rules, other than those
already included in row 2
Differences due to consideration of provisions
Differences due to prudential filters
Exposure amounts considered for regulatory purposes
Standard Format for Disclosure of Basel III Calculations (CC1)
31 December 2025
(In million Rupiah)
No Component Bank Consolidated
Common Equity Tier 1 capital: instruments and reserves
1 Directly issued qualifying common share (and equivalent for non-joint stock companies) 17,778,846 17,775,190
capital plus related stock surplus
2 Retained earnings 24,164,090 28,597,087
3 Accumulated other comprehensive income (and other reserves) 1,019,307 1,028,659
4 Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock N/A N/A
companies)
5 Common share capital issued by subsidiaries and held by third parties (amount allowed - -
in group CET1)
6 Common Equity Tier 1 capital before regulatory adjustments 42,962,243 47,400,936
Common Equity Tier 1 capital: regulatory adjustments
7 Prudential valuation adjustments - -
8 Goodwill (net of related tax liability) - (1,098,208)
9 Other intangibles other than mortgage-servicing rights (net of related tax liability) (689,577) (1,559,774)
10 Deferred tax assets that rely on future profitability excluding those arising from N/A N/A
temporary differences (net of related tax liability)
11 Cash-flow hedge reserve N/A N/A
12 Shortfall of provisions to expected losses N/A N/A
13 Securitisation gain on sale (as set out in paragraph 562 of Basel II framework) - -
14 Gains and losses due to changes in own credit risk on fair valued liabilities - -
15 Defined-benefit pension fund net assets N/A N/A
16 Investments in own shares (if not already netted off paid-in capital on reported balance N/A N/A
sheet)
17 Reciprocal cross-holdings in common equity - -
18 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued share capital (amount above 10% threshold)
19 Significant investments in the common stock of Banking, financial and insurance entities N/A N/A
that are outside the scope of regulatory consolidation, net of eligible short positions
(amount above 10% threshold)
172 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 175
(In million Rupiah)
No Component Bank Consolidated
20 Mortgage servicing rights (amount above 10% threshold) - -
21 Deferred tax assets arising from temporary differences (amount above 10% threshold, N/A N/A
net of related tax liability)
22 Amount exceeding the 15% threshold N/A N/A
23 of which: significant investments in the common stock of financials N/A N/A
24 of which: mortgage servicing rights N/A N/A
25 of which: deferred tax assets arising from temporary differences N/A N/A
26 National specific regulatory adjustments (9,088,333) (715,946)
26.a Difference between PPA and CKPN (1,096,263) -
26.b PPA from non-productive assets (8,638) (8,638)
26.c Deferred tax assets (146,727) (703,258)
26.d Investments (7,836,705) (4,050)
26.e Capital shortfall in insurance subsidiary - -
26.f Securitisation exposure - -
26.g Others - -
27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional - -
Tier 1 and Tier 2 to cover deductions
28 Total regulatory adjustments to Common equity Tier 1 (9,777,910) (3,373,928)
29 Common Equity Tier 1 capital (CET1) 33,184,333 44,027,008
Additional Tier 1 capital: instruments
30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus - -
31 of which: classified as equity under applicable accounting standards - -
32 of which: classified as liabilities under applicable accounting standards - -
33 Directly issued capital instruments subject to phase out from Additional Tier 1 N/A N/A
34 Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by - -
subsidiaries and held by third parties (amount allowed in group AT1)
35 of which: instruments issued by subsidiaries subject to phase out N/A N/A
36 Additional Tier 1 capital before regulatory adjustments - -
Additional Tier 1 capital: regulatory adjustments
37 Investments in own Additional Tier 1 instruments N/A N/A
38 Reciprocal cross-holdings in Additional Tier 1 instruments - -
39 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity (amount
above 10% threshold)
40 Significant investments in the capital of Banking, financial and insurance entities that are N/A N/A
outside the scope of regulatory consolidation (net of eligible short positions)
41 National specific regulatory adjustments - -
41.a Investments in AT1 instruments in other banks - -
42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover - -
deductions
43 Total regulatory adjustments to Additional Tier 1 capital - -
44 Additional Tier 1 capital (AT1) Jumlah AT 1 setelah faktor pengurang - -
45 Tier 1 capital (T1 = CET1 + AT1) 33,184,333 44,027,008
Tier 2 capital: instruments and provisions
46 Directly issued qualifying Tier 2 instruments plus related stock surplus 3,335,000 3,335,000
47 Directly issued capital instruments subject to phase out from Tier 2 N/A N/A
48 Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued by - -
subsidiaries and
held by third parties (amount allowed in group Tier 2)
49 of which: instruments issued by subsidiaries subject to phase out N/A N/A
50 Provisions 1,573,881 1,831,874
51 Tier 2 capital before regulatory adjustments Jumlah Modal Pelengkap (Tier 2) 4,908,881 5,166,874
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 173
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Risk Management
(In million Rupiah)
No Component Bank Consolidated
Tier 2 capital: regulatory adjustments
52 Investments in own Tier 2 instruments N/A N/A
53 Reciprocal cross-holdings in Tier 2 instruments - -
54 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity (amount
above the 10% threshold)
55 Significant investments in the capital Banking, financial and insurance entities that are N/A N/A
outside the scope of regulatory consolidation (net of eligible short positions)
56 National specific regulatory adjustments - -
56.a Sinking fund - -
56.b Investments in Tier 2 instruments in other banks - -
57 Total regulatory adjustments to Tier 2 capital - -
58 Tier 2 capital (T2) 4,908,881 5,166,874
59 Total capital (TC = T1 + T2) 38,093,214 49,193,882
60 Total risk weighted assets 137,841,864 167,846,136
Capital ratios and buffers
61 Common Equity Tier 1 (as a percentage of risk weighted assets) 24.07% 26.23%
62 Tier 1 (as a percentage of risk weighted assets) 24.07% 26.23%
63 Total capital (as a percentage of risk weighted assets) 27.64% 29.31%
64 Institution specific buffer requirement (minimum CET1 requirement plus capital 8.00% 8.00%
conservation buffer plus countercyclical buffer requirements plus G-SIB buffer
requirement, expressed as a percentage of risk weighted assets)
65 of which: capital conservation buffer requirement 2.50% 2.50%
66 of which: Bank specific countercyclical buffer requirement 0.00% 0.00%
67 of which: G-SIB buffer requirement 1.00% 1.00%
68 Common Equity Tier 1 available to meet buffers (as a percentage of risk weighted 18.07% 20.08%
assets)
National minima (if different from Basel 3)
69 National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
70 National Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
71 National total capital minimum ratio (if different from Basel 3 minimum) N/A N/A
Amounts below the thresholds for deduction (before risk weighting)
72 Non-significant investments in the capital of other financials N/A N/A
73 Significant investments in the common stock of financials N/A N/A
74 Mortgage servicing rights (net of related tax liability) N/A N/A
75 Deferred tax assets arising from temporary differences (net of related tax liability) N/A N/A
Applicable caps on the inclusion of provisions in Tier 2
76 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised N/A N/A
approach (prior to application of cap)
77 Cap on inclusion of provisions in Tier 2 under standardised approach N/A N/A
78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal N/A N/A
ratings-based approach (prior to application of cap)
79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach N/A N/A
Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 and 1 Jan 2022)
80 Current cap on CET1 instruments subject to phase out arrangements N/A N/A
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
82 Current cap on AT1 instruments subject to phase out arrangements N/A N/A
83 Amount excluded from AT1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
84 Current cap on T2 instruments subject to phase out arrangements N/A N/A
85 Amount excluded from T2 due to cap (excess over cap after redemptions and N/A N/A
maturities)
174 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 177
Capital Reconciliation (CC2)
(In million Rupiah)
Consolidated Balance
Balance Sheet Sheet with Prudential
No POS POS Principle
31 December 2025 31 December 2025
ASSET
1. Cash 611,173 1,246,542
2. Placements with Bank Indonesia 18,952,557 20,430,799
3. Placements with other banks 3,226,477 3,713,851
4. Spot and derivative / forward receivables 957,383 1,280,872
5. Securities 15,795,918 25,684,516
6. Securities sold under repurchase agreements (repo) - -
7. Claims from securities purchased under resale agreements (reverse repo) 1,683,826 1,683,826
8. Acceptance receivables 3,793,458 3,793,458
9. Loans 149,875,621 175,035,114
10. Sharia financing/receivables - 10,352,755
11. Equity Investments 7,859,227 26,572
12. Other financial asset 1,180,930 1,349,948
13. Impairment on financial assets -/- (2,635,569) (7,161,342)
a. Securities (71) (71)
b. Loans and Sharia financing (2,634,057) (7,159,830)
c. Others (1,441) (1,441)
14. Intangible assets 3,379,047 6,373,786
Accumulated amortization of intangible assets -/- (2,689,470) (3,715,804)
15. Fixed assets and equipment 3,900,483 6,220,651
Accumulated depreciation on fixed assets and equipment -/- (2,329,959) (3,915,060)
16. Non-productive assets 134,087 229,716
a. Abandoned properties 27,070 27,070
b. Foreclosed assets 107,017 202,646
c. Suspense accounts - -
d. Interbranch assets - -
17. Other assets 1,921,307 3,217,965
TOTAL ASSET 205,616,496 245,848,165
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 175
Page 178
Risk Management
(In million Rupiah)
Consolidated Balance
Balance Sheet Sheet with Prudential
No POS POS Principle
31 December 2025 31 December 2025
LIABILITY AND EQUITY
LIABILITY
1. Demand deposits 28,819,134 28,853,961
2. Saving deposits 21,245,057 24,368,716
3. Time deposits 69,437,938 77,778,404
4. Electronic money - -
5. Liabilities to Bank Indonesia - -
6. Liabilities to other banks 4,486,056 4,479,647
7. Spot and derivative / forward liabilities 895,033 1,113,660
8. Securities sold under repurchase agreements (repo) - -
9. Acceptance liabilities 3,214,540 3,214,540
10. Securities issued 2,558,152 6,794,041
11. Borrowings 29,793,253 41,905,179
12. Margin deposits 620 620
13. Interbranch liabilities - -
14. Other liabilities 2,112,637 3,883,683
15. Minority Interest - 6,001,946
TOTAL LIABILITY 162,562,420 198,394,397
176 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 179
(In million Rupiah)
Consolidated Balance
Balance Sheet Sheet with Prudential
No POS POS Principle
31 December 2025 31 December 2025
EQUITY
16. Issued and fully paid-in capital 212,919 212,919
a. Authorized capital 300,000 300,000
b. Unpaid capital -/- (87,081) (87,081)
c. Treasury stock -/- - -
17. Additional paid-in capital 17,826,728 17,798,805
a. Agio 17,565,927 17,562,271
b. Disagio -/- - -
c. Fund for paid up capital - -
d. Others 260,801 236,534
18. Other comprehensive income 807,386 802,004
a. Profit 976,354 1,173,506
b. Loss -/- (168,968) (371,502)
19. Reserves 42,953 42,953
a. General reserves 42,953 42,953
b. Appropriate reserves - -
20. Profit/loss 24,164,090 28,597,087
a. Previous years 23,268,559 28,654,127
b. Current year 1,458,128 505,557
c. Payable dividend -/- (562,597) (562,597)
Total Equity Attributable to The Owners of Parents 43,054,076 47,453,768
TOTAL EQUITY 43,054,076 47,453,768
TOTAL LIABILITY AND EQUITY 205,616,496 245,848,165
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 177
Page 180
Risk Management
Disclosure of Capital Instruments Features (CCA)
31 December 2025
Bank
No Questions
Capital Capital
1 Publisher PT Bank SMBC Indonesia, Tbk. SMBC
2 Idenification Number ISIN : 101000118508 N/A
3 Law Indonesian Law Indonesian Law
3a Instruments that reliable having liability to held on
section 13 from TLAC term sheet achieved
Instruments treatment based on KPMM
4 During the period N/A N/A
5 After the period CET1 T2
6 Is it eligible to Individual/Consolidation or Consolidation Individual Individual
and Individual
7 Type of Instrument Common Stock Subordinated Loan
8 Amount recognized in KPMM calculation 17.778.846 3.335.000
9 Par value from the instrument 212.919 -
10 Classification based on Financial Accounting Standards Equity Liabilitas – Amortised Cost
11 Published date - 26 Sep 2018 and renewed on 27 Sep 2021 and on
31 Jul 2024 (USD 100 million), & 23 Nov 2018 and
renewed on 22 Nov 2021 and on 31 Jul 2024 (USD
100 million)
12 without maturity date (perpertual) or with maturity date Perpetual With Maturity Date
13 Maturity date - 31 July 2031
14 Call Option execution from the approval of Otoritas Jasa No No
Keuangan
15 Call optiondate, disbursed amount and other call option - N/A
requirements (if any)
16 Subsequent call option Coupon/deviden - N/A
17 Dividend / Coupon with Fixed Interest or floating - N/A
18 The level of the coupon rate or other index be the - N/A
reference
19 Whether or not the dividend stopper - N/A
20 Fully discretionary; partial or mandatory - N/A
21 Is there a step-up feature or other incentives - N/A
22 Noncumulative or cumulative. - N/A
23 Convertible or non-convertible Non Convertible N/A
24 If converted, specify a trigger point. - N/A
25 If converted, whole or in part - N/A
26 If converted, how the conversion rate - N/A
27 If converted, whether mandatory or optional - N/A
28 If converted, specify the type of instrument conversion - N/A
29 If converted, specify the issuer of the instrument - N/A
converts it into
30 Write-down Features No N/A
31 If the write- down, specify trigger its - N/A
32 If the write-down, full or partial - N/A
33 If the write-down, permanent or temporary - N/A
34 If the temporary write- down, explain mechanisme - N/A
write- up
35 Hierarchy of instruments at the time of liquidation - After the debt being paid to the creditor
36 Whether the transition to features that are non-compliant No N/A
37 If yes , explain the features of non-complaint - N/A
178 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 181
Consolidated
Capital Capital
PT Bank SMBC Indonesia, Tbk. SMBC
ISIN : 101000118508 N/A
Indonesian Law Indonesian Law
N/A N/A
CET1 T2
Individual Individual
Common Stock Subordinated Loan
17.775.190 3.335.000
212.919 -
Equity Liabilitas – Amortised Cost
- 26 Sep 2018 and renewed on 27 Sep 2021 and on
31 Jul 2024 (USD 100 million), & 23 Nov 2018 and
renewed on 22 Nov 2021 and on 31 Jul 2024 (USD
100 million)
Perpetual With Maturity Date
- 31 July 2031
No No
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
Non Convertible N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
No N/A
- N/A
- N/A
- N/A
- N/A
- After the debt being paid to the creditor
No N/A
- N/A
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 179
Page 182
Risk Management
Quarterly Capital Adequacy Ratio (CAR)
Calculation Report for Conventional Commercial Banks
(In million Rupiah)
31 December 2025 Audited 31 December 2024 Audited
No Accounts
Bank Consolidated Bank Consolidated
I Core Capital (Tier 1) 33,184,333 44,027,008 32,641,997 44,187,414
1 Common Equity Tier 1 (CET 1) 33,184,333 44,027,008 32,641,997 44,187,414
1.1 Paid in capital (less Treasury stock) 212,919 212,919 212,919 212,919
1.2 Disclosed reserves 41,644,423 47,179,379 41,153,729 47,206,777
1.2.1 Additional Factor 42,749,324 47,188,017 41,821,227 47,211,872
1.2.1.1 Other comprehensive income 976,354 985,706 943,788 953,161
1.2.1.1.1 Excess differences arising - - - -
from translation of financial
statement
1.2.1.1.2 Potential gain of the increase in 44,977 45,191 12,410 12,646
the fair value of financial assets
available for sale
1.2.1.1.3 Fixed asset revaluation 931,377 940,515 931,378 940,515
1.2.1.2 Other disclosed reserves 41,772,970 46,202,311 40,877,439 46,258,711
1.2.1.2.1 Agio 17,565,927 17,562,271 17,565,927 17,561,631
1.2.1.2.2 General reserves 42,953 42,953 42,953 42,953
1.2.1.2.3 Previous years profit 22,705,962 28,091,530 21,038,289 25,841,141
1.2.1.2.4 Current year profit 1,458,128 505,557 2,230,270 2,812,986
1.2.1.2.5 Capital paid in advance - - - -
1.2.1.2.6 Others - - - -
1.2.2 Deduction Factor (1,104,901) (8,638) (667,498) (5,095)
1.2.2.1 Other comprehensive income - - - -
1.2.2.1.1 Excess differences less - - - -
from translation of financial
statement
1.2.2.1.2 Potential losses from the - - - -
decrease in the fair value of
financial assets available for
sale
1.2.2.2 Other disclosed reserve (1,104,901) (8,638) (667,498) (5,095)
1.2.2.2.1 Disagio - - - -
1.2.2.2.2 Previous years loss - - - -
1.2.2.2.3 Current year loss - - - -
1.2.2.2.4 Differences between required (1,096,263) - (662,403) -
provision and allowance for
impairment losses of earning
assets
1.2.2.2.5 Negative differences on - - - -
adjustment of fair value on
financial instrument in the
Trading Book
1.2.2.2.6 Required provision on non- (8,638) (8,638) (5,095) (5,095)
productive assets
1.2.2.2.7 Others - - - -
1.3 Non-Controlling Interests that can be calculated - - - -
1.4 Deduction factor to common equity tier 1 (CET 1) (8,673,009) (3,365,290) (8,724,651) (3,232,282)
1.4.1 Deferred tax calculation (146,727) (703,258) (129,036) (370,403)
1.4.2 Goodwill - (1,098,208) - (1,098,208)
180 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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(In million Rupiah)
31 December 2025 Audited 31 December 2024 Audited
No Accounts
Bank Consolidated Bank Consolidated
1.4.3 Other intangible assets (689,577) (1,559,774) (758,910) (1,710,908)
1.4.4 Investment that can be calculated as deduction (7,836,705) (4,050) (7,836,705) (52,763)
factor
1.4.5 Shortage of capital on insurance subsidiary - - - -
company
1.4.6 Securitization exposures - - - -
1.4.7 Other deduction factor to common equity tier 1 - - - -
1.4.7.1 Placement of funds in instruments AT 1 - - - -
and / or Tier 2 other banks
1.4.7.2 Cross-ownership in another entity - - - -
acquired by the transition because of the
law, grants, or grants will
1.4.7.3 Exposure that causing Credit Risk due - - - -
to settlement risk - Non Delivery Versus
Payment
1.4.7.4 Exposure in child company which held - - - -
sharia principle
2 Additional Tier 1 (AT 1) - - - -
2.1 The instrument meets the requirements of AT 1 - - - -
2.2 Agio/Disagio - - - -
2.3 Deduction Factors : Investment in AT1 and/or Tier 2 - - - -
instruments with other Bank
2.3.1 Placement of funds in instruments AT 1 and/or Tier 2 - - - -
other banks
2.3.2 Cross-ownership in another entity acquired by the - - - -
transition because of the law, grants, or grants will
II Supplementary Capital (Tier 2) 4,908,881 5,166,874 4,734,951 4,995,432
1 Capital instrument in form of shares or others which are qualified 3,335,000 3,335,000 3,219,000 3,219,000
Tier 2 requirements
1.1 Preferred Stock (perpetual cumulative, non perpetual), after - - - -
buy back deduction
1.2 Subordinated bonds (perpetual cumulative, non perpetual), - - - -
after buy back deduction
1.3 Subordinated loan (perpetual cumulative, non perpetual), 3,335,000 3,335,000 3,219,000 3,219,000
after buy back deduction
1.4 Mandatory convertible bond - - - -
1.5 Tier 2 published by bank and non bank which acquired by - - - -
other party (consolidated)
1.6 Amortization based on remaining maturity - - - -
2 Agio/Disagio - - - -
3 General required provision of earning assets (maximum 1.25% of 1,573,881 1,831,874 1,515,951 1,776,432
RWA)
4 Deduction factor to supplementary capital - - - -
4.1 Sinking Fund - - - -
4.2 Placement of funds in instruments AT 1 and / or Tier 2 other - - - -
banks
4.3 Cross-ownership in another entity acquired by the transition - - - -
because of the law, grants, or grants will
TOTAL CAPITAL 38,093,214 49,193,882 37,376,948 49,182,846
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 181
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Risk Management
31 December 2023 Diaudit 31 December 2024 Diaudit
Bank Consolidated Bank Consolidated
Risk Weighted Asset (RWA)
RWA Credit Risk 125,869,579 155,113,928 121,209,907 151,246,559
RWA Market Risk 1,477,957 1,477,957 1,850,461 1,850,461
RWA Operational Risk 10,494,328 11,254,251 10,491,515 10,729,480
Total RWA 137,841,864 167,846,136 133,551,883 163,826,500
CAR Ratio Based on Risk Profile (%) 9.23% 9.23% 9.20% 9.18%
CAR Allocation Based on Risk Profile
From CET 1 (%) 6.00% 6.15% 6.00% 6.13%
From AT 1 (%) 0.00% 0.00% 0.00% 0.00%
From Tier 2 (%) 3.23% 3.08% 3.20% 3.05%
CAR Ratio
CET1 Ratio (%) 24.07% 26.23% 24.44% 26.97%
Tier 1 Ratio (%) 24.07% 26.23% 24.44% 26.97%
Tier 2 Ratio (%) 3.56% 3.08% 3.55% 3.05%
CAR Ratio (%) 27.63% 29.31% 27.99% 30.02%
CET 1 for BUFFER (%) 18.07% 20.08% 18.44% 20.84%
Buffer Percentage Should be Fulfilled by Bank (%)
Capital Conservation Buffer (%) 2.50% 2.50% 2.50% 2.50%
Countercyclical Buffer (%) 0.00% 0.00% 0.00% 0.00%
Capital Surcharge for Systemic Bank (%) 1.00% 1.00% 1.00% 1.00%
Total Exposure Report in Leverage Ratio
(In million Rupiah)
Amount
No. Description
Bank Consolidated
1 Total assets in published financial statements. ( gross amont before deduction of Impairement) 208,252,067 253,009,507
Adjustment
2 Adjustment for investment in banking, financial institution, insurance company and / other - -
entities that are consolidated for accounting purposes but outside the scope of stipulated
Finacial Service Authority
3 Adjustment for collecting amount of financial asset or syariah asset as the underlying which - -
have been divert into the asset securitization to meet the qualification for sale of without
recourse of prudendce during the securitization asset activity for commercial bank.
4 Adjustment for temporary exception in regards with the placement in Bank Indonesia to
meet the minimum reserve requirements stipulations (if any)
5 Adjustment for fiduciay asset that recognized as the balance sheet component based on
the financial accounting standard however not included in Leverage Ratio calculation
6 Adjustment for regular-way purchases and sales of financial assets subject to trade date - -
7 Adjustment for eligible cash pooling transactions that fulfill the requirement as stipulated in - -
Financial Service Authority regulation.
8 Adjustment for exposure amount of derivative transaction 2,732,446 2,408,956
9 Adjustment for exposure amount of Securities Financing Transaction (SFT) exposure for an 2,116,094 2,116,094
example Reverse Repo transactions
10 Adjustment for exposure amount of Off Balance Transaction converts with Credit 27,863,452 27,880,450
Conversions Factor
11 Prudent valuation adjustments as the deduction of capital and impairment (11,184,374) (9,845,896)
12 Other Adjustments - -
13 Total Exposure in Leverage Ratio Calculation (Sum row 1 + row 2 until row 12) 229,779,685 275,569,111
182 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Leverage Ratio Calculation Report
(In million Rupiah)
Bank Consolidated
No Description
T T-1 T T-1
Asset Exposure in Financial Statement
1 Asset Exposure in the Financial Statement including the guarantee, but 207,294,685 194,795,389 251,728,635 238,346,551
not including the exposure of Derivative Transaction and exposure of
SFT (Gross amount before deduction of Impairment)
2 Revaluation for derivative collateral which given to other party which - - - -
impacted decrement of total exposure in Balance Sheet because due
to implementation of Financial Accounting Standard
3 (Deduction of receivables related with cash variation margin which - - - -
provided in derivatives transactions)
4 (Adjustment for securities received under exposure of securities - - - -
financing transactions that are recognised as an asset)
5 Impairement of the certain assets in accordance with Financial (2,635,570) (2,845,015) (7,161,342) (5,426,867)
Accounting Standard
6 (Asset that has been calculated as a deduction factor of Core Capital as (8,548,804) (8,568,901) (2,684,554) (2,740,884)
stated on Financial Service Authority regulation regarding the obligation
of minimum capital reserve for commercial bank)
7 Total asset Exposure in Financial Statement 196,110,311 183,381,473 241,882,739 230,178,800
Derivative Transaction Exposure
8 Replacement cost asscociated with all derivatives transaction in where 1,333,572 1,592,530 1,333,572 1,592,530
has a vatiation margin that applicable or has an agreement for netting
in fulfill the certain condition.
9 Add-on amounts for PFE associated with all derivatives transactions 2,356,256 2,434,608 2,356,256 2,434,608
10 (Exempted of exposure of Derivative transaction which settled throught - - - -
central counterparty (CCP) )
11 Adjustment of effective notional amount from credit derivatives - - - -
12 (Adjustment for notional amount tha effectively done with netting and - - - -
deduction of add-on for selling of derivative credit transaction)
13 Total Derivatives Exposures Sum of rows 8 to 12 3,689,828 4,027,138 3,689,828 4,027,138
Securities Financing Transaction (SFT) Exposure
14 Gross SFT assets 1,683,826 1,336,141 1,683,826 1,336,141
15 (Nett amounts of cash payables and cash receivables) - - - -
16 Credit Risk due to failure from the other party related with SFT Asset 432,268 121,880 432,268 121,880
which refer to calculation of current exposure in accordance with the
attachment of this Financial Service Authority regulation.
17 Exposure as an SFT agent - - - -
18 Total SFT Exposure Sum of rows 14 to 17 2,116,094 1,458,021 2,116,094 1,458,021
Other Off-Balance Sheet Transactions Exposure
19 All of Commitment amount or Contigency amount, Gross amount 156,460,086 157,188,008 156,630,084 157,488,878
before Impairment deduction
20 (Adjustment with the result of multipliation amount between (128,575,678) (129,118,694) (128,728,678) (129,389,477)
Commitment and Contigency and CCF then deducted with Impairment)
21 (Impairment from the Off Balance Sheet Transaction in accordance with (20,956) (25,044) (20,956) (25,044)
Financial Accounting Standard)
22 Total Other Off-Balance Sheet 27,863,452 28,044,270 27,880,450 28,074,357
Transactions Exposures Sum of rows 19 to 21
Capital and Total Exposure
23 Core Capital 33,184,333 32,674,340 44,027,008 45,294,747
24 Total Exposure (7+13+18+22) 229,779,685 216,910,902 275,569,111 263,738,316
Leverage Ratio
25 Leverage Ratio includes the effect from adjustment of temporarily 14.44% 15.06% 15.98% 17.17%
exception from placement in Bank Indonesia in regards with the
fulfillment of Minimum Reserve Requirements (if any)
25a Leverage Ratio not includes the effect from adjustment of temporarily 14.44% 15.06% 15.98% 17.17%
exception from placement in Bank Indonesia to meet Minimum Reserve
Requirements provisions (if there is)
26 Minimum value of Leverage Ratio 3% 3% 3% 3%
27 Bearing to Leverage Ratio value N/A N/A N/A N/A
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Risk Management
(In million Rupiah)
Bank Consolidated
No Description
T T-1 T T-1
Disclosure of Average Value
28 Average value of gross SFT assets, after adjustment for sale accounting 2,730,802 1,732,759 2,730,802 1,732,759
transactions and netted of amounts of associated cash payables and
cash
29 Quarter-end value of gross SFT assets, after adjustment for sale 1,683,826 1,336,141 1,683,826 1,336,141
accounting transactions and netted of amounts of associated cash
payables and cash receivables
30 Total exposures (including the impact of any applicable temporary 230,394,393 217,185,640 276,183,819 264,013,054
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions and
netted of amounts of associated cash payables and cash receivables)
30a Total exposures (excluding the impact of any applicable temporary 230,394,393 217,185,640 276,183,819 264,013,054
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions and
netted of amounts of associated cash payables and cash receivables)
31 Leverage ratio (including the impact of any applicable temporary 14.40% 15.04% 15.94% 17.16%
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions and
netted of amounts of associated cash payables and cash receivables)
31a Leverage ratio (excluding the impact of any applicable temporary 14.40% 15.04% 15.94% 17.16%
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions and
netted of amounts of associated cash payables and cash receivables)
In general, the capital component is dominated by The Bank’s total capital as of December 31, 2025, was
permanent capital. Core capital is the largest element Rp49,2 trilion, relatively stable compared to 2024, which
of Bank capital. In December 2025, the core capital to amounted to IDR 49.2 trillion.
RWA ratio was 26,23% (consolidated). This ratio is far
above the minimum CAR provisions of the Financial Capital Adequacy
Services Authority. The Bank will also continue to strive SMBC Indonesia uses standard capital ratios to monitor
to maintain CAR at a healthy level. capital adequacy in accordance with industry standards.
OJK’s approach to measuring capital is primarily based
The Bank’s capital structure on a consolidated basis is on monitoring required capital requirements against
dominated by core capital (89% of SMBC Indonesia’s available capital, and the Bank continuously implements
total capital on a consolidated basis). This capital the Internal Capital Adequacy Assessment Process
consists of paid-in capital and additional capital (ICAAP) in accordance with applicable regulations.
reserves, including agio and retained earnings.
This relates to determining capital adequacy in
The sources of capital that are expected to be used by accordance with the provisions of the Bank’s risk
the Bank to realize its capital plan or meet the Bank’s profile. This process is carried out to increase the Bank’s
capital requirements are from Retained Earnings and effectiveness in implementing risk management.
additional capital from shareholders, either through To manage capital against credit risk, banks also use the
a Rights Issue or a public offering. The accumulation Standardized Approach. Generally, ATMR calculations
Of Retained Earnings is influenced by the amount of are based on risk weightings in accordance with OJK
dividends paid by the Bank to shareholders as decided regulations and ratings issued by rating agencies
at the General Meeting of Shareholders. In determining designated by the regulator.
dividend payments, the Bank always considers capital
adequacy both in terms of fulfilling the CAR and fulfilling
the Legal Lending Limit (LLL) in accordance with future
credit growth plans. The Bank’s capital is projected to
increase in line with accumulated profits.
184 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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The Bank calculates capital adequacy for operational The Bank’s capital ratio is considered very good, namely
risk using the Standard Approach method. Based on above the requirements determined by the Financial
this method, the Bank allocates minimum capital for Services Authority. The capital growth trend based on
operational risk based on multiplying the Business the Bank Business Plan (RBB) also shows the ability to
Indicator Components (KIB) with the Internal Loss support the Bank’s business expansion in the future.
Multiplier Factor (FPKI). Subsequently, if it is related to incentives for the
Minimum Statutory Reserve (GWM) requirement for the
In calculating RWA for Market Risk, the Bank uses Macroprudential Intermediation Ratio (RIM). The Bank’s
standard methods in accordance with OJK provisions CAR value has met the minimum provisions required by
regarding the calculation of RWA for Market Risk. Bank the OJK, namely 8.0%-14.0%. In accordance with the
management has a good understanding of managing results of an independent assessment of the Bank’s risk
capital. The Bank views capital planning as an important profile, the CAR position based on the risk profile as of
element to realize strategic objectives. December 2025 is 9,23%.
The Bank carries out an analysis of the Bank’s capital
adequacy for now and in the future through a strategic DISCLOSURE OF RISK EXPOSURE
planning process. This is demonstrated by maintaining
the performance of the Bank and its parent company A. Credit Risk
through continuous monitoring of the quality of risk Credit risk management at SMBC Indonesia is the
management, regular audits by the Internal Audit Work implementation of the prudent principle to prevent risks
Unit, adequate policies regarding dividend distribution, arising from the failure of other parties to fulfill their
and management commitment to the Bank’s strategies obligations to the Bank, in this case credit risk due to
and targets as outlined in the Bank’s Business Plan concentrated provision of funds (Credit Concentration
(RBB). Risk), credit risk due to failure of counterparties
(counterparties credit risk), credit risk due to settlement
failure (settlement risk), and credit risk due to country
risk (including transfer risk).
Credit Risk Management Organizational Structure
Head of Risk Management
Portfolio Management
& Policy Head
Portfolio Management &
Credit Risk Policy Credit Climate Risk Industry Portfolio Research
Methodology
Credit Risk Management Strategy
The implementation of SMBC Indonesia’s risk management strategy is aligned with its overall business strategy,
taking into account the Credit Risk Appetite Framework and conducting regular monitoring in accordance with the
Bank’s Business Plan. A risk management strategy is prepared to ensure that the Bank’s credit exposure is managed
in a controlled in accordance with credit policies, internal procedures, rules and regulations, as well as other applicable
provisions.
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Risk Management
A structured credit risk management strategy is based The Bank always reviews policies and procedures in the
on the following general principles: credit sector periodically, especially if there are changes
1. Long term oriented to ensure the continuity of in economic conditions, changes in regulations, and/or
the Bank’s business by considering economic business approaches.
conditions/cycles.
2. Comprehensive to be able to control and manage This policy aims to create credit risk management that
risks and their mitigation. is in accordance with global standards as a Bank that is
active internationally and carries out credit in a fair and
The risk management strategy is prepared by organized manner for the Bank’s credit soundness.
considering the following factors:
1. Economic and business developments and the The Bank continues to actively manage and supervise
impacts that may occur due to risks faced by the the implementation of risk management and effectively
Bank. improve policies, procedures and development of the
2. The Bank’s organizational structure includes the risk management systems.
adequacy of human resources and supporting
infrastructure in running the Bank’s business and Aside from establishing policies and procedures, the
the Bank’s ability to manage risk. Bank also establishes limits to maintain credit risk
3. Composition and diversification of the Bank’s exposure in line with the Bank’s risk appetite. These
portfolio. limits, among others, cover the limit for credit approval
authority, which is adjusted to the competency of the
The Bank is categorized as one of the systemic banks decision maker and the level of risk and ensures that
in Indonesia. Therefore, SMBC Indonesia has prepared there is no conflict of interest in the process of credit
a Recovery Plan Document, including aspects of asset being extended to customers.
quality. The recovery plan identifies options to restore
financial strength and viability if the Bank faces severe Meanwhile, establishing the Legal Lending Limit
pressure, especially concerning asset. determination is conducted in accordance under
OJK Regulation OJK provisions, namely POJK No. 32/
Credit Concentration Risk Management Policy POJK.03/2018, and its amendment in POJK Regulation
In managing credit concentration risk, which is closely No. 38/POJK.03/2019, by taking into account current
monitored by the Bank, includes exposure to industrial regulations.
sectors, certain types of credit as well as exposure to
individuals and groups. Monitoring results are always Adequacy of Risk Identification, Measurement,
evaluated as part of early detection. Monitoring, and Control Processes, as well as Risk
Management Information Systems
The Bank manages and controls credit risk SMBC Indonesia’s credit risk management framework is
concentrations wherever such risks are identified, implemented through the integrated process consisting
specifically for individual and group debtors, as well as of risk identification, measurement, monitoring, and
industry, and the geographic sectors. control/mitigation processes. The identification process,
among others, starts from determining the industry
Credit Risk Management Framework sector or customer segment to be financed, analysis of
Credit risk measurement is carried out on a portfolio the customer’s proposed credit as well as analysis of the
and transactional basis. This measurement can use products and activities that may potentially generate
quantitative or qualitative methods in accordance with credit risks by reviewing Credit Product Program and
standard provisions from the OJK and/or adopted best assessing the risk exposure increase.
practices or internal models developed by the Bank.
Credit risk measurement is carried out, among other Based on this identification process, the Bank measures
things, through two factors, namely risk ratings and credit risk with the main indicators that show the
stress tests. debtor’s credit quality, such as the non-performing loan
ratio. The Bank regularly measures bad quality asset
Adequacy of Policies, Procedures, and Limit Risk as well as conducts supervision on debtors included in
Setting Credit policy is a guideline for implementing the watchlist account in relevant business segments to
the credit process carried out by the Bank. SMBC monitor individual debtors who experience changes in
Indonesia’s credit policy refers to Financial Services risk levels. As part of the credit risk measurement, stress
Authority Regulation No. 42/POJK.03/2017 concerning testing is administered to assess the Bank’s resilience in
Obligations for Preparing and Implementing Credit or extreme conditions.
Financing Policies for Commercial Banks.
186 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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The credit risk measurement system must take into Definition of Non-Performing Assets
consideration of the product characteristics, tenure, Asset classification must be carried out for productive
collateral aspect, potential default, and the Bank’s assets and non-productive assets. In principle, the
capability to absorb potential failures. The Bank also provisions regarding asset quality follow the provisions
carries out a quantification process, among others, regulated in Financial Services Authority Regulation
on the asset portfolio composition, which covers the No. 40/POJK.03/2019 concerning the Asset Quality
type, exposure feature, credit growth, expected credit Assessment of Commercial Bank.
loss provision, the level of concentration and quality of
credit, including the level of non-performing loan and Determination of credit quality for retail and SME
repossessed assets. segment loans under Rp5 billion*) based on payment
accuracy. Meanwhile, the SME segments above Rp5
The Bank monitor actual credit risk exposure compared billion*), and commercial and corporate segments are
the credit risk limits. In addition, the Bank also monitors based on 3 pillar assessment factors.
*)
subject to change in accordance with applicable OJK regulations
the management of non-performing loan as well as
monitors the conformity between policies and the
implementation of credit risk management. Definition of Past-Due Claims
Claims that are past-due are all claims that are more
Improvement of the management information system than 90 (ninety) days in arrears, both for principal
is conducted continuously in order to periodically payments and/or interest payments.
present information on credit risks. The Management
Information System covers up to the level of quite Definition of Impaired Claims
detailed information to detect any unfavorable The Bank assesses financial assets/groups of financial
development at the earliest possible, which would assets that experience impairment at each balance
enable necessary actions to be taken on accurate sheet date. Claims that are impaired are determined
timing for improvement of declining credit quality or to based on financial assets/groups of financial assets with
minimize credit loss. objective evidence of impairment as a result of one or
more events that occur following the initial recognition
SMBC Indonesia closely monitors the loan portfolio, of the concerned (adverse event). Such adverse event
which enables the Bank to take preventive actions impacts estimate of future cash flows for financial assets
promptly in the event of a credit quality deterioration. or groups of financial assets that can be estimated
This is done by early detection of problems and accurately.
conducting stringent monitoring.
Approach to Establishing Allowance for Impairment
Internal Control System for Credit Risk Losses
The Internal Control System is implemented to manage The Bank has implemented PSAK 109 to estimate
risks that endanger the Bank’s business continuity. For allowance for impairment losses on financial assets. This
example, the implementation of effective procedures provision requires that loss allowance be recognized in
for handling non-performing loan, which is by separating the amount of expected credit losses (ECL 12 months)
the credit remedial function from the credit initiation or expected credit losses over the life of the financial
function. asset (ECL lifetime).
The results of handling non-performing loan must ECL lifetime is the expected loss originating from all
be documented so that it can be used as a material possible default events throughout the expected
reference for consideration in extending or restructuring lifetime of a financial instrument. Meanwhile, the 12
loan. Credit risk can also be controlled through risk months ECL is the portion of expected credit losses
mitigation, active management of position and portfolio originating from the possibility of default in the 12
risk through monitoring portfolio composition. months after the reporting date.
Expected credit losses are a weighted probability
estimate of credit losses (i.e., the present value of all
cash shortfalls) over the expected life of a financial
instrument. A cash shortfall is the difference between
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Risk Management
the cash flows that an entity is expected to receive. Standard Approaches Used for Credit Risk
Considering that expected credit losses consider the In calculating Risk Weighted Assets (RWA) for credit risk,
amount and timing of payments, credit losses still arise the Bank uses a standard approach in accordance with
even though the entity expects to be paid in full after OJK Circular Letter No.24/SEOJK.03/2021 concerning
the maturity date. Guidelines for Calculating Weighted Assets According to
Credit Risk Using a Standard Approach for Commercial
Expected credit losses (ECL) are recognized for all Banks. Through this approach, Credit Risk Weighted
financial debt instruments, loan commitments, and Assets are calculated based on the type of portfolio
financial guarantees that are classified as hold to collect category and risk weight. The risk weight is determined,
or hold to collect and sell and have SPPI cash flows. ECL among other things, based on the results of debtor
is not recognized for financial instruments designated as or counterparty ratings issued by rating agencies
FVTPL and equity instruments designated as FVOCI. recognized by the Financial Services Authority in
accordance with the Financial Services Authority Circular
Estimating credit exposure for risk management regarding rating agencies and ratings recognized by the
purposes is complex and requires the use of models, Financial Services Authority, as well as based on certain
as exposure varies with changes in market conditions, percentages for certain portfolio categories.
expected cash flows, and the passage of time. Credit
risk assessment of an asset portfolio requires further The loan portfolio is divided into several asset classes,
estimation of the likelihood of default from the among others, loan to the government, to multilateral
associated loss ratios and the correlation of defaults development banks and international institutions,
between parties. of covered bonds, loans with residential houses as
collateral, loans with commercial property as collateral,
Banks measure credit risk using Probability of Default loans to public sector entities, loans to banks, loans
(PD), Exposure at Default (EAD), Loss Given Default to employees and pensions, loans to micro-small
(LGD), and macroeconomic variables for forward-looking businesses and retail portfolios, loans to corporations
estimates. and overdue loans, loans to securities and other
financial services institutions; securities/subordinated
In accordance with PSAK 109, the Bank applies a “Three- receivables, equity, and other capital instruments: credit
Stage” model for impairment based on changes in credit for land acquisition, land processing, and construction
quality since initial recognition as summarized below:
1. Financial instruments that have not experienced Credit Risk Mitigation Disclosures
credit impairment since initial recognition are Banks adopt a series of policies and practices to
classified in “Stage 1.” mitigate credit risk. In calculating the RWA Credit
2. If a significant increase in credit risk (“SICR”) Risk Standard Approach, the existence of collateral,
since initial recognition is identified, the financial guarantees, or credit insurance can be recognized as
instrument is moved to “Stage 2” but is not yet a credit risk mitigation technique in accordance with
considered credit impaired. regulatory provisions.
3. If a financial instrument experiences a decline
in credit value, the financial instrument is then Acceptable Collateral Criteria
moved to “Stage 3.” PSAK 109 does not apply to The types of collateral that are acceptable are as
Subsidiaries that are sharia-based entities. follows:
1. Land and/or building
2. Vehicle
3. Equipment (including machinery and heavy
equipment)
4. Cash collateral
5. SBLC
6. Receivables
7. Inventory
188 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Collateral Management by SMBC Indonesia references obtained from other data sources, both
For the Bank, collateral is a second way out to reduce external and internal. Credit scoring and grading refer to
the risk of loss. The Bank only accepts valuable and the same instruments. Scoring terminology is internally
sellable collaterals at a reasonable cost, free from all used for micro business and lower, and grading is used
other forms of legal binding and free from disputes. for SME, commercial, and corporate.
Evaluation of collaterals must be conducted prior to
approval and extension of the facility or in the context of The creation and use of scoring models/grading are
credit remedial. documented in each business’s SOP. Risk Management
as an independent unit, monitors and reviews the
During the credit period, an evaluation and review of development & implementation of credit scoring/
the collateral must be carried out, the frequency and grading carried out by business units.
criteria of which are determined in the credit provisions.
The collateral binding agreement is a prerequisite for Policy on the Use of Rating Agency
the legal transfer of collateral and must be carried out For several transactions carried out by the Bank,
before credit disbursement. especially related to securities and placements, the
Bank is required to set limits by considering the rating
Policy on Use of Ratings conducted by rating agency recognized by Bank
Credit Scoring & Grading is a model used to predict the Indonesia/OJK.
ability of prospective debtors to fulfill their obligations
and debtor analysis by using historical data or data
Disclosure of Credit Quality on Assets (CR1)
Bank Only
(In million Rupiah)
Allowance for Impairment
Gross Carrying Value Allowance for Losses Impairment Net Worth
Impairment
No Description Stage 2 and (IRB Approach) (a+b-c)
Overdue Bills Undue Bills Losses Stage 1
Stage 3
a b c d e f g
1 Credit 2,098,670 147,776,952 2,634,058 2,072,824 561,234 147,241,564
2 Securities - 15,795,917 71 - 71 15,795,846
3 Administrative - 156,460,085 20,955 282 20,673 156,439,130
Account
Transactions
Total 2,098,670 320,032,954 2,655,084 2,073,106 581,978 319,476,540
Disclosure of Credit Quality on Assets (CR1)
Consolidated Bank with Subsidiaries
(In million Rupiah)
Allowance for Impairment
Gross Carrying Value Allowance for Losses Impairment Net Worth
Impairment
No Description Stage 2 and (IRB Approach) (a+b-c)
Overdue Bills Undue Bills Losses Stage 1
Stage 3
a b c d e f g
1 Credit 4,756,053 185,924,464 7,159,831 5,378,421 1,781,410 183,520,686
2 Securities - 25,825,266 71 - 71 25,825,195
3 Administrative - 156,460,085 20,955 282 20,673 156,439,130
Account
Transactions
Total 4,756,053 368,209,815 7,180,857 5,378,703 1,802,154 365,785,011
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 189
Page 192
Risk Management
Disclosure of Maturity Credit and Securities Movements (CR2)
Bank Only
(In million Rupiah)
No Description a
1 Loans and Securities Matured in the last reporting period 2,462,719
2 Loans and Securities Mature since the last reporting period 854,373
3 Loans and Securities that return to become undue bills 49,704
4 Delete book value 4,719,625
5 Other changes 3,550,907
6 Loans and Securities Maturing at the end of the reporting period (1+2-3-4+5) 2,098,670
Disclosure of Maturity Credit and Securities Movements (CR2)
Consolidated Bank with Subsidiaries
(In million Rupiah)
No Description a
1 Loans and Securities Matured in the last reporting period 4,846,111
2 Loans and Securities Mature since the last reporting period 1,631,139
3 Loans and Securities that return to become undue bills 58,986
4 Delete book value 8,524,580
5 Other changes 6,862,369
6 Loans and Securities Maturing at the end of the reporting period (1+2-3-4+5) 4,756,053
190 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 193
Quantitative Disclosure related to MRK Techniques (CR3)
Bank Only
(In million Rupiah)
Bill Guaranteed
Unbilled Bill Guaranteed Bill Guaranteed
Bill Guaranteed with Warranty,
Guaranteed with with MRK with Credit
No Description with Collateral Guarantee and/or
MRK Technique Technique Derivatives
Credit Insurance
a b c d e
1 Credit 130,640,653 15,540,150 15,531,445 8,705
2 Securities 15,795,846 - -
3 Total 146,436,499 15,540,150 15,531,445 8,705
4 Credits and Overdue 991,199 69,562 69,562 -
Securities
Quantitative Disclosure related to MRK Techniques (CR3)
Consolidated Bank with Subsidiaries
(In million Rupiah)
Bill Guaranteed
Unbilled Bill Guaranteed Bill Guaranteed
Bill Guaranteed with Warranty,
Guaranteed with with MRK with Credit
No Description with Collateral Guarantee and/or
MRK Technique Technique Derivatives
Credit Insurance
a b c d e
1 Credit 166,419,642 15,540,150 15,531,445 8,705
2 Securities 25,825,195 - - -
3 Total 192,244,837 15,540,150 15,531,445 8,705
4 Credits and Overdue 1,491,332 69,562 69,562 -
Securities
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 191
Page 194
Risk Management
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
Bank Only
(In million Rupiah)
Net Bill Before FKK
Net Bill After the application Risk Weighted Assets and
Implementation and
of FKK and MRK Technique Average Risk Weighting
MRK Technique
No Portofolio Category Statement Account Statement Account Risk Average Risk
of Financial Transaction of Financial Transaction Weighted Weighting
Position Administrative Position Administrative Assets e/(c+d))
a b c d e f
1 Claims to Government 34,441,420 2,000,000 34,441,420 200,000 - 0.00%
2 Claims on Public Sector Entities 12,607,991 5,843,838 12,607,991 1,738,835 9,585,075 66.81%
3 Claims on Multilateral - - - - - 0.00%
Development Banks and
International Institutions
4 Bills to Banks 4,973,931 49,502 4,973,931 4,950 2,463,056 49.47%
Claims on Securities Companies 20,471,886 31,424,720 20,471,886 3,847,976 9,242,523 38.00%
and Other Financial Services
Institutions 1)
5 Claims in the form of Covered - - - - - 0.00%
Bonds
6 Claims on Corporations - General 73,948,477 107,929,383 73,948,477 16,592,432 72,971,610 80.60%
Corporate Exposure 2)
Claims on Securities Companies - - - - - 0.00%
and Other Financial Services
Institutions 3)
Special Financing Exposure 4) 565,613 1,074,185 565,613 429,674 602,546 60.54%
7 Receivables in the form of 22,522 - 22,522 - 56,305 250.00%
Subordinated Securities/
Receivables, Equity and Other
Capital Instruments
8 Claims on Micro, Small Business 13,295,843 3,791,332 13,295,843 400,733 9,488,388 69.28%
and Retail Portfolio
9 Employee or Pensions loans 17,643,230 - 17,643,230 - 8,821,615 50.00%
10 Property Backed Loans 11,734,273 4,346,842 11,734,273 562,156 6,415,471 52.17%
Residential Property Backed 4,043,201 1,023,838 4,043,201 102,384 1,745,861 42.11%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Residential Property-Backed - - - - - 0.00%
Loans whose Payments Are
Materially Dependent on Property
Cash Flows
Commercial Property Backed 7,691,072 3,323,004 7,691,072 459,772 4,669,610 57.29%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Land Acquisition, Land Processing - - - - - 0.00%
and Construction Loans
Land Acquisition, Land Processing - - - - - 0.00%
and Construction Loans
11 Claims That Have Been Due Date 1,060,762 - 1,060,762 - 954,620 89.99%
12 Other Assets 4,136,027 - 4,136,027 - 3,578,363 86.52%
13 Total 194,901,975 156,459,802 194,901,975 23,776,756 124,179,572 56.79%
192 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 195
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
Consolidated Bank with Subsidiaries
(In million Rupiah)
Net Bill Before FKK
Net Bill After the application Risk Weighted Assets and
Implementation and
of FKK and MRK Technique Average Risk Weighting
MRK Technique
No Portofolio Category Statement Account Statement Account Risk Average Risk
of Financial Transaction of Financial Transaction Weighted Weighting
Position Administrative Position Administrative Assets e/(c+d))
a b c d e f
1 Claims to Government 44,877,553 2,000,000 44,877,553 200,000 - 0.00%
2 Claims on Public Sector Entities 13,507,958 5,843,838 13,507,958 1,738,835 9,765,068 64.05%
3 Claims on Multilateral - - - - - 0.00%
Development Banks and
International Institutions
4 Bills to Banks 6,949,585 49,502 6,949,585 4,950 2,858,187 41.10%
Claims on Securities Companies 20,471,886 31,424,720 20,471,886 3,847,976 9,242,523 38.00%
and Other Financial Services
Institutions 1)
5 Claims in the form of Covered - - - - - 0.00%
Bonds
6 Claims on Corporations - General 74,512,790 107,929,383 74,512,790 16,592,432 73,325,462 80.48%
Corporate Exposure 2)
Claims on Securities Companies - 170,000 - - - 0.00%
and Other Financial Services
Institutions 3)
Special Financing Exposure 4) 565,613 1,074,185 565,613 429,674 602,546 60.54%
7 Receivables in the form of 22,522 - 22,522 - 56,305 250.00%
Subordinated Securities/
Receivables, Equity and Other
Capital Instruments
8 Claims on Micro, Small Business 46,019,317 3,791,332 46,019,317 400,733 34,030,993 73.31%
and Retail Portfolio
9 Employee or Pensions loans 17,643,230 - 17,643,230 - 8,821,615 50.00%
10 Property Backed Loans 11,734,273 4,346,842 11,734,273 562,156 6,415,471 52.17%
Residential Property Backed 4,043,201 1,023,838 4,043,201 102,384 1,745,861 42.11%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Residential Property-Backed - - - - - 0.00%
Loans whose Payments Are
Materially Dependent on Property
Cash Flows
Commercial Property Backed 7,691,072 3,323,004 7,691,072 459,772 4,669,610 57.29%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Land Acquisition, Land Processing - - - - - 0.00%
and Construction Loans
Land Acquisition, Land Processing - - - - - 0.00%
and Construction Loans
11 Claims That Have Been Due Date 3,451,573 - 3,451,573 - 2,150,903 62.32%
12 Other Assets 7,148,060 - 7,148,060 - 6,002,843 83.98%
13 Total 246,904,360 156,629,802 246,904,360 23,776,756 153,271,916 56.62%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 193
Page 196
Risk Management
Exposure Disclosure based on Asset Class and Risk Weighting (CR5) Bank Only
No Portofolio Category 0% 20% 50%
1 Claims to Government 34,641,420 - -
No Portofolio Category 20% 50%
2 Claims on Public Sector Entities 459,139 11,233,272
No Portofolio Category 0% 20% 30% 50%
3 Claims on Multilateral Development Banks - - - -
and International Institutions
No Portofolio Category 20% 30% 40% 50%
4 Bills to Banks 2,510,676 - - 1,247,696
Claims on Securities Companies and 15,071,092 904,691 - 199,827
Other Financial Services Institutions1)
No Portofolio Category 10% 15% 20% 25%
5 Claims in the form of Covered Bonds - - - -
No Portofolio Category 20% 50% 65% 75% 80%
6 Claims on General Corporations2) 6,417,263 1,638,026 - 6,090,130 -
Claims on securities companies and - - - -
other financial services institutions3)
Special Financing Exposure4) - - - 169,679
No Portofolio Category 100% 150% 250%
7 Receivables in the form of Subordinated - - 22,522
Securities/Receivables, Equity and Other
Capital Instruments
No Portofolio Category 45% 75%
8 Claims on Micro, Small m Business and 755,971 11,674,578
Retail Portfolio
No Portofolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans - 681,372 - 1,072,019 - 469,170 - 4,267,600 2,321,606
Residential Property Backed Loans - 681,372 - 1,072,019 469,170 430,754
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - 8,996
using the credit distribution approach 681,372
(guaranteed)5)
using the credit distribution approach - - 1,072,019 469,170 421,758
(guaranteed)5)
Residential Property-Backed Loans - - - -
whose Payments Are Materially
Dependent on Property Cash Flows
Commercial Property Backed Loans - - - - 3,836,846 2,321,606
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 2,321,606
(guaranteed)5)
using the credit distribution approach - - - - 3,836,846
(guaranteed)5)
Commercial Property Backed Loans
whose Payments Are Materially
Dependent on Property Cash Flows
Land Acquisition, Land Processing and
Construction Loans5)
No Portofolio Category 50% 100%
10 Claims That Have Been Due Date 97,544 938,834
No Portofolio Category 0% 20% 100%
11 Other Assets 611,173 - 3,417,837
194 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 197
(In million Rupiah)
Net Bill After the application of FKK and
100% 150% Others
MRK Technique
- - - 34,641,420
Net Bill After the application of FKK and
100% 150% Others
MRK Technique
210,026 2,444,390 - 14,346,827
Net Bill After the application of FKK and
100% 150% Others
MRK Technique
- - - -
Net Bill After the application of FKK and
75% 100% 150% Others
MRK Technique
1,220,509 - - - 4,978,881
8,144,253 - - - 24,319,862
Net Bill After the application of FKK and
35% 50% 100% Others
MRK Technique
- - - - -
Net Bill After the application of FKK and
85% 100% 130% 150% Others
MRK Technique
594,282 75,222,953 - 578,254 - 90,540,908
- - - - -
825,608 - - - 995,287
Net Bill After the application of FKK and
400% Others
MRK Technique
- - 22,522
Net Bill After the application of FKK and
85% 100% Others
MRK Technique
39,689 1,225,620 718 13,696,576
Net Bill After the application of FKK and
65% 70% 75% 85% 90% 100% 105% 110% 150% Others
MRK Technique
- - 1,704,958 176,239 - - - - - 1,603,464 12,296,429
- - 72,447 - - - 1,419,822 4,145,585
- - 72,447 - - - - 81,443
1,419,822 2,101,195
- - - - - - 1,962,947
- - - - -
- 1,632,511 176,239 - - 183,642 8,150,844
183,642 183,642
- 2,321,606
- 1,632,511 176,239 - - - 5,645,596
- - - - - -
- - - -
Net Bill After the application of FKK and
150% Others
MRK Technique
24,384 - 1,060,762
Net Bill After the application of FKK and
150% 1250% Others
MRK Technique
107,017 - - 4,136,027
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 195
Page 198
Risk Management
Account Transaction Net Bill
Net Bill Statement
No Risk Weight Administrative Net Bill FKK Average (After FKK Handling and
Financial Position
(Before FKK Handling) MRK Techniques)
1 < 40% 58,892,904 29,619,626 70.86% 62,715,705
2 40% - 70% 38,467,461 13,371,724 78.99% 40,946,904
3 75% 26,473,447 16,667,806 67.26% 29,018,070
4 80% 169,679 - 100.00% 169,679
5 85% 783,171 267,762 77.09% 810,210
6 90% - 100% 67,039,845 95,402,754 50.38% 81,840,878
7 105% - 130% 612 1,056 43.05% 718
8 150% 3,052,334 1,129,074 75.43% 3,154,045
9 250% 22,522 - 100.00% 22,522
10 400% - - 0.00% -
11 1250% - - 0.00% -
Total Net Claims 194,901,975 156,459,802 62.24% 218,678,731
Exposure Disclosure based on Asset Class and Risk Weighting (CR5)
Consolidated Bank with Subsidiaries
No Portofolio Category 0% 20% 50%
1 Claims to Government 45,077,551 - -
No Portofolio Category 20% 50%
2 Claims on Public Sector Entities 1,359,106 11,233,272
No Portofolio Category 0% 20% 30% 50%
3 Claims on Multilateral Development Banks - - - -
and International Institutions
No Portofolio Category 20% 30% 40% 50%
4 Bills to Banks 4,486,330 - - 1,247,696
Claims on Securities Companies and 15,071,092 904,691 - 199,827
Other Financial Services Institutions1)
No Portofolio Category 10% 15% 20% 25%
5 Claims in the form of Covered Bonds - - - -
No Portofolio Category 20% 50% 65% 75% 80%
6 Claims on General Corporations 2)
6,680,339 1,638,026 - 6,090,130 -
Claims on securities companies and - - - -
other financial services institutions3)
Special Financing Exposure4) - - - 169,681
No Portofolio Category 100% 150% 250%
7 Receivables in the form of Subordinated - - 22,522
Securities/Receivables, Equity and Other
Capital Instruments
No Portofolio Category 45% 75%
8 Claims on Micro, Small m Business and 755,971 44,398,052
Retail Portfolio
196 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 199
(In million Rupiah)
Net Bill After the application of FKK and
100% 150% Others
MRK Technique
- - - 45,077,551
Net Bill After the application of FKK and
100% 150% Others
MRK Technique
210,026 2,444,390 - 15,246,794
Net Bill After the application of FKK and
100% 150% Others
MRK Technique
- - - -
Net Bill After the application of FKK and
75% 100% 150% Others
MRK Technique
1,220,509 - - - 6,954,535
8,144,253 - - - 24,319,862
Net Bill After the application of FKK and
35% 50% 100% Others
MRK Technique
- - - - -
Net Bill After the application of FKK and
85% 100% 130% 150% Others
MRK Technique
594,282 75,524,190 - 578,254 - 91,105,221
- - - - -
825,608 - - - 995,289
Net Bill After the application of FKK and
400% Others
MRK Technique
- - 22,522
Net Bill After the application of FKK and
85% 100% Others
MRK Technique
39,689 1,225,620 718 46,420,050
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 197
Page 200
Risk Management
No Portofolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans - 681,372 - 1,072,019 - 469,170 - 4,267,600 2,321,606
Residential Property Backed Loans - 681,372 - 1,072,019 469,170 430,754
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - 8,996
using the credit distribution approach 681,372
(guaranteed)5)
using the credit distribution approach - - 1,072,019 469,170 421,758
(guaranteed)5)
Residential Property-Backed Loans - - - -
whose Payments Are Materially
Dependent on Property Cash Flows
Commercial Property Backed Loans - - - - 3,836,846 2,321,606
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 2,321,606
(guaranteed)5)
using the credit distribution approach - - - - 3,836,846
(guaranteed)5)
Commercial Property Backed Loans
whose Payments Are Materially
Dependent on Property Cash Flows
Land Acquisition, Land Processing and
Construction Loans5)
No Portofolio Category 50% 100%
10 Claims That Have Been Due Date 2,486,599 940,590
No Portofolio Category 0% 20% 100%
11 Other Assets 1,246,541 - 5,698,872
Account Transaction Net Bill
Net Bill Statement
No Risk Weight Administrative Net Bill FKK Average (After FKK Handling and
Financial Position
(Before FKK Handling) MRK Techniques)
1 < 40% 73,103,102 29,619,626 73.75% 75,762,860
2 40% - 70% 40,856,516 13,541,724 81.32% 44,235,926
3 75% 59,196,921 16,667,806 81.38% 61,741,544
4 80% 169,679 - 100.00% 169,679
5 85% 783,171 267,762 77.09% 810,210
6 90% - 100% 69,623,873 95,402,754 51.32% 84,687,982
7 105% - 130% 612 1,056 43.05% 718
8 150% 3,147,964 1,129,074 75.98% 3,249,675
9 250% 22,522 - 100.00% 22,522
10 400% - - 0.00% -
11 1250% - - 0.00% -
Total Net Claims 246,904,360 156,629,802 67.08% 270,681,116
198 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 201
Net Bill After the application of FKK and
65% 70% 75% 85% 90% 100% 105% 110% 150% Others
MRK Technique
- - 1,704,958 176,239 - - - - - 1,603,464 12,296,429
- - 72,447 - - - 1,419,822 4,145,585
- - 72,447 - - - - 81,443
1,419,822 2,101,195
- - - - - - 1,962,947
- - - - -
- 1,632,511 176,239 - - 183,642 8,150,844
183,642 183,642
- - 2,321,606
- 1,632,511 176,239 - - - 5,645,596
- - - - - -
- - - -
Net Bill After the application of FKK and
150% Others
MRK Technique
24,384 - 3,451,573
Net Bill After the application of FKK and
150% 1250% Others
MRK Technique
202,647 - - 7,148,060
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 199
Page 202
Risk Management
Net Claims Disclosures based on Geographic Area - Bank Only
31 December 2025
Net claims based on geographic area
No Portofolio Category
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 35,255,320 - - - - 35,255,320
2 Claims on Public Sector Entity 14,135,252 - 238,390 - - 14,373,642
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 7,041,757 3,494 78,116 - 1,432,853 8,556,220
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 24,651,022 - 220,113 - - 24,871,135
Other Financial Services Institutions
7 Claims in the form of Subordinated 22,522 - - - - 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 3,064,693 97,985 688,200 294,707 - 4,145,585
9 Secured by Commercial Real Estate 5,883,008 152,512 1,259,397 855,927 - 8,150,844
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 8,139,279 1,281,274 3,826,184 4,396,493 - 17,643,230
employees loans
12 Claims on Micro, Small and Retail 8,596,306 506,411 2,668,503 1,925,337 19 13,696,576
Portfolio
13 Claims on Corporate 75,976,409 73,290 11,889,370 3,437,834 764,492 92,141,395
14 Past due claims 762,720 10,452 166,482 121,108 - 1,060,762
15 Other assets 4,136,027 - - - - 4,136,027
Total 187,664,315 2,125,418 21,034,755 11,031,406 2,197,364 224,053,258
Net Claims Disclosures based on Geographic Area - Consolidated Bank with Subsidiaries
31 December 2025
Net claims based on geographic area
No Portofolio Category
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 45,691,453 - - - - 45,691,453
2 Claims on Public Sector Entity 15,035,219 - 238,390 - - 15,273,609
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 9,573,038 3,494 78,116 - 1,432,853 11,087,501
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 24,651,022 - 220,113 - - 24,871,135
Other Financial Services Institutions
7 Claims in the form of Subordinated 22,522 - - - - 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 3,064,693 97,985 688,200 294,707 - 4,145,585
9 Secured by Commercial Real Estate 5,883,008 152,512 1,259,397 855,927 - 8,150,844
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 8,139,279 1,281,274 3,826,184 4,396,493 - 17,643,230
employees loans
12 Claims on Micro, Small and Retail 26,532,902 1,794,840 10,605,629 7,486,660 19 46,420,050
Portfolio
13 Claims on Corporate 76,540,722 73,290 11,889,370 3,437,834 764,492 92,705,708
14 Past due claims 2,210,940 68,309 600,504 571,819 - 3,451,572
15 Other assets 6,659,994 51,894 299,579 136,593 - 7,148,060
Total 224,004,792 3,523,598 29,705,482 17,180,033 2,197,364 276,611,269
200 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 203
(In million Rupiah)
31 December 2024
Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
36,224,225 - - - - 36,224,225
14,806,907 - 347,785 - - 15,154,692
- - - - - -
7,479,454 820 71,724 - 1,373,257 8,925,255
- - - - - -
26,273,760 - 105,024 - - 26,378,784
22,522 - - - - 22,522
3,262,706 93,613 761,458 374,637 749 4,493,163
6,378,971 178,840 1,346,564 869,830 - 8,774,205
- - - - - -
9,354,654 1,427,324 4,200,876 4,900,774 - 19,883,628
8,335,208 542,069 2,567,651 1,845,421 117,939 13,408,288
68,919,377 149,983 6,987,328 4,212,205 829,540 81,098,433
437,402 8,383 144,662 65,239 1,265 656,951
4,341,481 - - - - 4,341,481
185,836,667 2,401,032 16,533,072 12,268,106 2,322,750 219,361,627
(In million Rupiah)
31 December 2024
Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
45,777,620 - - - - 45,777,620
14,806,907 - 347,785 - - 15,154,692
- - - - - -
10,309,779 820 71,724 - 1,373,257 11,755,580
- - - - - -
26,273,760 - 105,024 - - 26,378,784
22,522 - - - - 22,522
3,262,706 93,613 761,458 374,637 749 4,493,163
6,378,971 178,840 1,346,564 869,830 - 8,774,205
- - - - - -
9,354,654 1,427,324 4,200,876 4,900,774 - 19,883,628
27,819,365 1,852,528 10,437,605 7,528,797 117,939 47,756,234
69,823,987 149,983 6,987,328 4,212,205 829,540 82,003,043
1,763,517 53,305 521,458 385,403 1,265 2,724,948
6,456,385 43,105 256,447 109,532 - 6,865,469
222,050,173 3,799,518 25,036,269 18,381,178 2,322,750 271,589,888
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 201
Page 204
Risk Management
Disclosure of Net Claims Based on the Remaining Term of Bank’s Contracts – Bank Only
31 December 2025
No Portofolio Category Net Claims Disclosure Based on Residual Contractual Maturity
<1 Year 1-3 Year 3-5 Year >5 Year Non Contractual Total
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 21,235,593 4,688,675 1,424,748 196,473 7,709,831 35,255,320
2 Claims on Public Sector Entity 1,949,775 5,877,416 4,159,329 2,387,122 - 14,373,642
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 5,352,037 1,246,576 646,235 234,895 1,076,477 8,556,220
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 5,218,312 4,530,172 13,503,271 1,619,380 - 24,871,135
Other Financial Services Institutions
7 Claims in the form of Subordinated - - - - 22,522 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 2,880,856 403,492 721,539 139,698 - 4,145,585
9 Secured by Commercial Real Estate 5,443,351 1,451,561 722,459 533,473 - 8,150,844
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 254,872 1,944,919 2,798,265 12,645,174 - 17,643,230
employees loans
12 Claims on Micro, Small and Retail 1,817,197 4,075,017 2,963,310 4,841,052 - 13,696,576
Portfolio
13 Claims on Corporate 47,763,671 21,730,439 16,866,962 5,780,323 - 92,141,395
14 Past due claims 692,942 128,187 87,517 152,116 - 1,060,762
15 Other assets - - - - 4,136,027 4,136,027
Total 92,608,606 46,076,454 43,893,635 28,529,706 12,944,857 224,053,258
Disclosure of Net Claims Based on the Remaining Term of Bank’s Contract - Consolidated Bank with Subsidiaries
31 December 2025
No Portofolio Category Net Claims Disclosure Based on Residual Contractual Maturity
<1 Year 1-3 Year 3-5 Year >5 Year Non Contractual Total
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 26,428,992 7,760,384 3,071,878 514,637 7,915,562 45,691,453
2 Claims on Public Sector Entity 2,849,742 5,877,416 4,159,329 2,387,122 - 15,273,609
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 7,621,607 1,501,139 646,235 234,895 1,083,625 11,087,501
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 5,218,312 4,530,172 13,503,271 1,619,380 - 24,871,135
Other Financial Services Institutions
7 Claims in the form of Subordinated - - - - 22,522 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 2,880,856 403,492 721,539 139,698 - 4,145,585
9 Secured by Commercial Real Estate 5,443,351 1,451,561 722,459 533,473 - 8,150,844
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 254,872 1,944,919 2,798,265 12,645,174 - 17,643,230
employees loans
12 Claims on Micro, Small and Retail 19,199,187 17,598,965 4,780,846 4,841,052 - 46,420,050
Portfolio
13 Claims on Corporate 48,326,189 21,732,234 16,866,962 5,780,323 - 92,705,708
14 Past due claims 1,865,071 1,198,455 235,930 152,116 - 3,451,572
15 Other assets 884,643 331,440 143,676 271,678 5,516,623 7,148,060
Total 120,972,822 64,330,177 47,650,390 29,119,548 14,538,332 276,611,269
202 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 205
(In million Rupiah)
31 December 2024
Net Claims Disclosure Based on Residual Contractual Maturity
<1 Year 1-3 Year 3-5 Year >5 Year Non Contractual Total
(i) (j) (k) (l) (m) (n)
26,021,798 1,080,240 216,163 131,892 8,774,132 36,224,225
1,757,741 5,619,943 5,065,039 2,711,969 - 15,154,692
- - - - - -
6,094,443 1,008,869 757,925 350,871 713,147 8,925,255
- - - - - -
4,083,496 7,654,574 13,026,386 1,614,328 - 26,378,784
- - - - 22,522 22,522
3,384,401 315,195 664,647 128,703 217 4,493,163
6,064,886 1,009,127 1,183,963 516,229 - 8,774,205
- - - - - -
254,396 2,129,685 3,144,983 14,354,564 - 19,883,628
2,861,084 4,787,194 2,199,328 3,560,682 - 13,408,288
35,445,103 25,887,985 11,225,881 8,539,464 - 81,098,433
401,548 89,407 46,200 119,796 - 656,951
- - - - 4,341,481 4,341,481
86,368,896 49,582,219 37,530,515 32,028,498 13,851,499 219,361,627
(In million Rupiah)
31 December 2024
Net Claims Disclosure Based on Residual Contractual Maturity
<1 Year 1-3 Year 3-5 Year >5 Year Non Contractual Total
(i) (j) (k) (l) (m) (n)
31,848,233 2,825,633 1,486,734 173,559 9,443,461 45,777,620
1,757,741 5,619,943 5,065,039 2,711,969 - 15,154,692
- - - - - -
8,374,729 1,553,951 757,925 350,871 718,104 11,755,580
- - - - - -
4,083,496 7,654,574 13,026,386 1,614,328 - 26,378,784
- - - - 22,522 22,522
3,384,401 315,195 664,647 128,703 217 4,493,163
6,064,886 1,009,127 1,183,963 516,229 - 8,774,205
- - - - - -
254,396 2,129,685 3,144,983 14,354,564 - 19,883,628
20,287,744 19,287,077 4,620,731 3,560,682 - 47,756,234
36,349,713 25,887,985 11,225,881 8,539,464 - 82,003,043
1,379,248 930,484 195,905 219,311 - 2,724,948
608,452 337,954 151,186 269,127 5,498,750 6,865,469
114,393,039 67,551,608 41,523,380 32,438,807 15,683,054 271,589,888
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 203
Page 206
Risk Management
Net Claims Dicslosure based on Economic Sector - Bank Only
Claims on
Multilateral
Claims on
Claims on Development Claims on Covered Bond
No Economic Sector Public Sector
sovereign Banks and Bank Claims
Entity
International
Institute
(a) (b) (c) (d) (e) (f) (g)
December 2025
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 1,504,682 - - -
3 Manufacturing - 316,727 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 3,578,311 - - -
5 Water Management, Waste Water Management, Waste - - - - -
Management and Recycling
6 Construction - 2,444,390 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - - -
Motorcycles
8 Transportation and Warehousing - 4,952,510 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - - - - -
11 Financial and Insurance Activities 35,255,320 1,550,207 - 8,542,119 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - 14,101 -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others - 26,815 - - -
Total 35,255,320 14,373,642 - 8,556,220 -
December 2024
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 1,858,419 - - -
3 Manufacturing - 331,537 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 4,906,542 - - -
5 Water Management, Waste Water Management, Waste - - - - -
Management and Recycling
6 Construction - 2,689,724 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - 23,022 -
Motorcycles
8 Transportation and Warehousing - 4,152,983 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - - - - -
11 Financial and Insurance Activities 36,224,225 1,215,487 - 8,902,233 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - - -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others - - - - -
Total 36,224,225 15,154,692 - 8,925,255 -
204 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 207
(In million Rupiah)
Claims in
Claims on the form of
Claims Credit for Land Pensioners/
Securities Subordinated Claims Claims on
secured Acquisition, Other
Companies and Securities/ secured Micro, Small Claims on Past Other
by Land institutions’
Other Financial Receivables, by Residential and Retail Corporate due claims Assets
Commercial Processing and employees
Services Equity, and Property Portfolio
Real Estate Construction loans
Institutions Other Capital
Instruments
(h) (i) (j) (k) (l) (m) (n) (o) (p) (q)
- - 61,969 87,063 - - 271,074 4,077,973 7,377 -
- - 6,386 25,931 - - 26,300 1,152,260 11,659 -
- - 956,921 3,115,426 - - 1,169,180 40,811,808 411,142 -
- - 23,699 6,151 - - 4,268 764,544 2,601 -
- - 38,514 54,141 - - 21,127 642,718 173 -
- - 394,451 435,456 - - 116,197 1,754,442 38,188 -
22,327 - 2,178,798 3,770,437 - - 1,025,508 15,701,655 289,071 -
- - 206,944 173,968 - - 65,186 3,778,452 23,253 -
- - 63,146 68,363 - - 142,418 25,544 10,629 -
- - 17,619 75,763 - - 7,318 6,026,344 182 -
24,833,822 22,514 - - - - 66,959 618,207 477 -
- - 3,758 3,500 - - 28,209 1,807,135 93 -
- - 11,557 45,809 - - 16,909 2,515,695 - -
- - 54,654 211,623 - - 99,658 5,853,912 9,957 -
- - - - - - 8,945 - 329 -
- - - 5,048 - - 21,032 - 319 -
- - 11,879 6,318 - - 33,357 32,630 578 -
- - 282 3,123 - - 4,859 1,222,509 347 -
- - 91,226 38,273 - - 902,549 15,932 34,190 -
- - 2,496 - - - 56,906 - 3,145 -
- - - - - - 206 - 131 -
- - 21,286 24,451 - 17,643,230 9,607,161 48,550 216,921 -
- - - - - - - - - -
14,986 8 - - - - 1,250 5,291,085 - 4,136,027
24,871,135 22,522 4,145,585 8,150,844 - 17,643,230 13,696,576 92,141,395 1,060,762 4,136,027
- - 58,618 83,706 - - 38,169 4,144,066 4,685 -
- - 15,300 32,558 - - 10,435 1,989,742 4,790 -
- - 1,043,891 3,150,965 - - 1,161,939 29,732,424 187,574 -
- - 22,122 234,557 - - 2,441 600,768 101 -
- - 29,284 55,270 - - 1,617 611,566 2,578 -
- - 401,603 466,811 - - 119,809 1,850,093 38,565 -
61,290 - 2,457,218 4,159,617 - - 777,520 13,352,349 217,715 -
- - 203,958 216,206 - - 36,494 2,747,874 10,527 -
- - 63,319 37,096 - - 16,710 55,261 9,326 -
- - 16,078 54,801 - - 2,396 8,867,464 - -
26,302,515 22,514 - - - - 2,900 169,420 - -
- - - 3,500 - - 1,728 1,517,076 - -
- - 12,219 40,734 - - 1,020 3,873,080 - -
- - 49,194 176,643 - - 67,658 6,174,919 8,544 -
- - - - - - - - - -
- - - 5,625 - - - - - -
- - 13,611 7,252 - - 12,242 - - -
- - 535 3,473 - - 89 191,367 - -
- - 87,679 25,439 - - 1,895,210 36,857 7,364 -
- - 1,597 52 - - 5,694 - - -
- - - - - - - - - -
- - 16,937 19,900 - 19,883,628 9,226,317 9,138 165,182 -
- - - - - - - - - -
14,979 8 - - - - 27,900 5,174,969 - 4,341,481
26,378,784 22,522 4,493,163 8,774,205 - 19,883,628 13,408,288 81,098,433 656,951 4,341,481
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 205
Page 208
Risk Management
Net Claims Dicslosure based on Economic Sector - Consolidated Bank with Subsidiaries
Claims on
Multilateral
Claims on
Claims on Development Claims on Covered Bond
No Economic Sector Public Sector
sovereign Banks and Bank Claims
Entity
International
Institute
(a) (b) (c) (d) (e) (f) (g)
December 2025
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 1,504,682 - - -
3 Manufacturing - 316,727 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 3,578,311 - - -
5 Water Management, Waste Water Management, Waste - - - - -
Management and Recycling
6 Construction - 2,444,390 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - - -
Motorcycles
8 Transportation and Warehousing - 4,952,510 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - - - - -
11 Financial and Insurance Activities 35,255,320 2,450,174 - 10,037,337 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - 14,101 -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others 10,436,133 26,815 - 1,036,063 -
Total 45,691,453 15,273,609 - 11,087,501 -
December 2024
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 1,858,419 - - -
3 Manufacturing - 331,537 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 4,906,542 - - -
5 Water Management, Waste Water Management, Waste - - - - -
Management and Recycling
6 Construction - 2,689,724 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - 23,022 -
Motorcycles
8 Transportation and Warehousing - 4,152,983 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - - - - -
11 Financial and Insurance Activities 36,224,225 1,215,487 - 10,663,569 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - - -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others 9,553,395 - - 1,068,989 -
Total 45,777,620 15,154,692 - 11,755,580 -
206 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 209
(In million Rupiah)
Claims in
Claims on the form of
Claims Credit for Land Pensioners/
Securities Subordinated Claims Claims on
secured Acquisition, Other
Companies and Securities/ secured Micro, Small Claims on Past Other
by Land institutions’
Other Financial Receivables, by Residential and Retail Corporate due claims Assets
Commercial Processing and employees
Services Equity, and Property Portfolio
Real Estate Construction loans
Institutions Other Capital
Instruments
(h) (i) (j) (k) (l) (m) (n) (o) (p) (q)
- - 61,969 87,063 - - 4,117,831 4,077,973 125,704 -
- - 6,386 25,931 - - 388,227 1,152,260 44,846 -
- - 956,921 3,115,426 - - 5,041,268 40,811,808 657,407 -
- - 23,699 6,151 - - 184,474 764,544 25,465 -
- - 38,514 54,141 - - 21,127 642,718 173 -
- - 394,451 435,456 - - 465,239 1,754,442 87,825 -
22,327 - 2,178,798 3,770,437 - - 11,909,581 15,703,450 992,940 -
- - 206,944 173,968 - - 509,906 3,778,452 74,677 -
- - 63,146 68,363 - - 143,772 25,544 10,629 -
- - 17,619 75,763 - - 7,318 6,026,344 182 -
24,833,822 22,514 - - - - 66,959 881,283 477 -
- - 3,758 3,500 - - 28,209 1,807,135 93 -
- - 11,557 45,809 - - 16,932 2,515,695 - -
- - 54,654 211,623 - - 99,671 5,853,912 9,957 -
- - - - - - 8,945 - 329 -
- - - 5,048 - - 21,052 - 319 -
- - 11,879 6,318 - - 33,357 32,630 578 -
- - 282 3,123 - - 1,539,306 1,222,509 126,190 -
- - 91,226 38,273 - - 9,764,661 15,932 895,145 -
- - 2,496 - - - 545,267 - 3,250 -
- - - - - - 206 - 131 -
- - 21,286 24,451 - 17,643,230 9,607,786 48,550 216,921 -
- - - - - - 97 - - -
14,986 8 - - - - 1,898,859 5,590,527 178,334 7,148,060
24,871,135 22,522 4,145,585 8,150,844 - 17,643,230 46,420,050 92,705,708 3,451,572 7,148,060
- - 58,618 83,706 - - 3,613,052 4,155,096 119,502 -
- - 15,300 32,558 - - 368,463 1,989,742 28,528 -
- - 1,043,891 3,150,965 - - 5,017,184 29,732,424 420,447 -
- - 22,122 234,557 - - 208,737 600,768 16,908 -
- - 29,284 55,270 - - 1,617 611,566 2,578 -
- - 401,603 466,811 - - 549,059 1,850,093 83,544 -
61,290 - 2,457,218 4,159,617 - - 12,812,357 13,367,221 784,285 -
- - 203,958 216,206 - - 571,461 2,747,874 47,297 -
- - 63,319 37,096 - - 16,733 55,261 9,327 -
- - 16,078 54,801 - - 2,396 8,867,464 - -
26,302,515 22,514 - - - - 2,901 699,935 5 -
- - - 3,500 - - 1,728 1,517,076 - -
- - 12,219 40,734 - - 1,020 3,873,080 - -
- - 49,194 176,643 - - 67,659 6,174,919 8,544 -
- - - - - - - - - -
- - - 5,625 - - - - - -
- - 13,611 7,252 - - 12,248 - - -
- - 535 3,473 - - 1,726,113 191,367 96,433 -
- - 87,679 25,439 - - 10,996,356 36,857 756,961 -
- - 1,597 52 - - 487,602 - 131 -
- - - - - - - - - -
- - 16,937 19,900 - 19,883,628 9,226,317 9,138 165,182 -
- - - - - - 56 - - -
14,979 8 - - - - 2,073,175 5,523,162 185,276 6,865,469
26,378,784 22,522 4,493,163 8,774,205 - 19,883,628 47,756,234 82,003,043 2,724,948 6,865,469
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 207
Page 210
Risk Management
Claims and Allowances Disclosure based on Geographic Area
Bank Only
31 December 2025
Geographic Area
No Description
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Gross claims 309,860,920 2,318,573 24,163,483 15,315,858 1,777,019 353,435,853
2 Impaired claims -
a. Not yet matured 8,533,757 28,573 2,009,997 160,761 12,619 10,745,707
b. Matured 1,494,457 26,268 332,664 245,280 - 2,098,669
3 Allowance for impairment losses - 368,857 18,686 112,636 82,109 161 582,449
Stage 1
4 Allowance for impairment losses - 131,131 5,749 39,348 20,460 12 196,700
Stage 2
5 Allowance for impairment losses - 1,510,686 15,820 226,695 124,173 - 1,877,374
Stage 3
6 Amounts written-off 3,198,903 127,748 892,430 500,544 - 4,719,625
Claims and Allowances Disclosure based on Geographic Area
Consolidated Bank with Subsidiaries
31 December 2025
Geographic Area
No Description
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Gross claims 345,411,518 3,822,925 33,653,190 22,105,698 1,777,019 406,770,350
2 Impaired claims - - - - - -
a. Not yet matured 8,545,299 29,188 2,013,858 164,747 12,619 10,765,711
b. Matured 4,345,436 142,242 1,157,889 1,055,266 - 6,700,833
3 Allowance for impairment losses - 1,067,851 62,874 470,965 200,773 161 1,802,624
Stage 1
4 Allowance for impairment losses - 165,165 7,136 52,447 31,551 12 256,311
Stage 2
5 Allowance for impairment losses - 3,555,314 92,975 770,322 704,749 - 5,123,360
Stage 3
6 Amounts written-off 10,725,442 518,344 2,380,143 1,233,724 - 14,857,653
208 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 211
(In million Rupiah)
31 December 2024
Geographic Area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
298,594,161 3,264,743 19,970,260 18,528,724 1,649,475 342,007,363
-
9,408,983 27,527 1,279,247 165,034 521,611 11,402,402
1,431,597 18,388 323,731 140,196 3,450 1,917,362
454,159 18,768 123,758 101,115 1,378 699,178
210,432 4,354 42,214 38,127 15,449 310,576
1,701,318 10,034 257,037 79,633 2,186 2,050,208
2,256,056 107,877 744,698 480,306 - 3,588,937
(In million Rupiah)
31 December 2024
Geographic Area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
333,166,992 4,728,342 28,946,799 24,960,168 1,649,475 393,451,776
- - - - - -
9,723,471 40,554 1,367,971 259,157 521,611 11,912,764
4,966,572 140,602 1,297,616 982,933 3,450 7,391,173
1,270,665 65,409 389,418 209,353 1,378 1,936,223
258,293 6,279 60,082 57,867 15,449 397,970
2,724,178 44,834 533,092 316,683 2,186 3,620,973
8,013,326 372,513 1,636,692 846,584 - 10,869,115
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 209
Page 212
Risk Management
Claims and Allowances Disclosure based on Ekonomic Sector
Bank Only
December 2025
Impaired Claims Allowance Allowance Allowance
No Economic Sector for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-of f
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(a) (b) (c) (d) (e) (f) (g) (h) (i)
1 Agriculture, forestry and fisheries 7,328,534 1,680,236 14,721 6,347 2,237 7,344 11
2 Mining and excavation 6,357,584 210 20,905 2,671 28 9,246 -
3 Manufacturing 96,865,337 1,430,527 751,540 92,685 34,355 406,898 375
4 Procurement of Electricity, Gas, Steam / Hot 6,140,307 1,443 4,699 1,639 262 2,098 -
Water and Cold Air
5 Water Management, Waste Water 1,471,164 463 364 1,601 79 190 -
Management, Waste Management and
Recycling
6 Construction 8,222,223 3,281,948 73,329 22,420 2,818 721,338 56
7 Wholesale and retail trading; Repair and 52,197,438 1,320,760 533,629 132,481 39,332 306,631 171
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 11,503,238 158,545 42,216 20,317 3,434 18,963 4
9 Provision of Accommodation and Provision 344,380 6,009 20,008 4,984 1,387 9,379 34
of Drinking Food
10 Information and Communication 9,219,395 26 431 2,976 2 252 -
11 Financial and Insurance Activities 96,122,507 1,675,401 830 7,166 1,458 354 -
12 Real Estate 1,981,668 351,284 162 706 135 24,725 -
13 Professional, Scientific, and Technical 4,062,045 3,508 604 2,041 1,281 604 -
Activities
14 Rental and Rental Activities Without Option 7,297,776 15,174 18,424 13,321 3,474 8,468 1
Rights, Employment, Travel Agents, and
Other Business Support
15 Government, Defense and Compulsory 9,584 68 632 123 7 302 28
Social Security Administration
16 Education 27,686 650 599 298 92 280 37
17 Human Health Activities and Social Activities 88,072 6,903 1,199 1,210 1,850 621 20
18 Arts, Entertainment and Recreation 1,194,981 404 950 1,862 90 602 -
19 Other Service Activities 1,176,252 41,348 90,650 15,723 8,673 56,460 821
20 Household Activities as An Employer 66,484 1,837 6,769 761 308 3,624 3
21 Activities of the International Agency and 433 - 227 2 - 97 -
Other Extra International Agency
22 Household 31,102,151 324,378 515,781 249,359 94,370 298,898 32,883
23 Not a Business Field - - - - - - -
24 Others 10,656,614 444,585 - 1,756 1,028 - 4,685,181
Total 353,435,853 10,745,707 2,098,669 582,449 196,700 1,877,374 4,719,625
210 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 213
(In million Rupiah)
December 2024
Impaired Claims Allowance Allowance Allowance
for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-of f
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(j) (k) (l) (m) (n) (o) (p)
7,387,137 808,203 9,639 8,876 376 4,954 -
10,927,406 - 9,284 3,089 - 4,493 -
82,733,696 1,623,314 177,877 123,298 91,428 150,349 26
7,449,671 - 230 2,288 - 130 -
1,520,850 - 5,227 1,916 - 2,649 -
8,259,155 3,262,276 78,794 24,432 7,646 539,065 -
48,683,183 1,472,440 835,724 194,724 59,995 627,196 133
7,907,109 139,929 20,856 22,823 13,115 11,048 -
200,630 1,573 18,684 3,998 434 9,396 -
10,938,241 6,841 - 6,626 - 3,308 -
94,881,176 766,093 244,089 9,526 937 244,088 -
1,717,567 574,247 - 340 - 117,490 -
5,704,912 16,253 - 3,119 1,339 - -
7,950,237 1,429,572 16,558 19,391 3,412 8,014 -
- - - - - - -
5,625 - - 156 - - -
33,412 124 - 694 - 53 -
195,464 - - 250 - - -
2,085,101 22,707 13,679 18,382 3,440 6,376 55
8,733 - - 103 - - -
- - - - - - -
32,700,469 336,935 486,721 250,757 102,605 321,599 9,006
- - - - - - -
10,717,589 941,895 - 4,390 25,849 - 3,579,717
342,007,363 11,402,402 1,917,362 699,178 310,576 2,050,208 3,588,937
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 211
Page 214
Risk Management
Claims and Allowances Disclosure based on Ekonomic Sector
Consolidated Bank with Subsidiaries
December 2025
Impaired Claims Allowance Allowance Allowance
No Economic Sector for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-of f
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(a) (b) (c) (d) (e) (f) (g) (h) (i)
1 Agriculture, forestry and fisheries 11,629,882 1,681,648 279,203 225,653 5,712 167,211 691,437
2 Mining and excavation 6,799,710 848 78,533 6,978 803 51,177 35,496
3 Manufacturing 101,440,113 1,432,071 1,227,322 241,048 40,685 738,983 777,658
4 Procurement of Electricity, Gas, Steam / Hot 6,380,445 1,516 47,268 4,165 722 36,182 24,894
Water and Cold Air
5 Water Management, Waste Water 1,471,164 463 364 1,601 79 190 -
Management, Waste Management and
Recycling
6 Construction 8,689,054 3,282,259 152,544 27,569 3,794 783,366 76,818
7 Wholesale and retail trading; Repair and 65,244,295 1,326,080 2,022,529 745,999 56,249 1,311,380 6,273,997
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 12,082,277 159,025 138,431 26,412 4,446 94,752 58,691
9 Provision of Accommodation and Provision 345,819 6,009 20,008 5,069 1,387 9,379 63,869
of Drinking Food
10 Information and Communication 9,219,395 26 431 2,976 2 252 753
11 Financial and Insurance Activities 97,285,793 1,675,401 830 7,166 1,458 597 524
12 Real Estate 1,981,668 351,284 162 706 135 24,725 144
13 Professional, Scientific, and Technical 4,062,069 3,508 604 2,042 1,281 604 560
Activities
14 Rental and Rental Activities Without Option 7,297,790 15,174 18,424 13,322 3,474 8,468 2,106
Rights, Employment, Travel Agents, and
Other Business Support
15 Government, Defense and Compulsory 9,584 68 632 123 7 302 28
Social Security Administration
16 Education 27,707 650 599 299 92 280 37
17 Human Health Activities and Social Activities 88,072 6,903 1,199 1,210 1,850 621 775
18 Arts, Entertainment and Recreation 3,050,360 1,516 225,236 21,777 2,820 173,042 155,038
19 Other Service Activities 12,148,962 48,843 1,610,605 141,191 31,375 1,157,932 1,334,210
20 Household Activities as An Employer 591,061 1,837 20,296 50,398 308 3,624 343,119
21 Activities of the International Agency and 433 - 227 2 - 97 -
Other Extra International Agency
22 Household 31,102,805 324,378 515,781 249,388 94,370 298,898 34,441
23 Not a Business Field 97 - - - - - 55
24 Others 25,821,795 446,204 339,605 27,530 5,262 261,298 4,983,003
Total 406,770,350 10,765,711 6,700,833 1,802,624 256,311 5,123,360 14,857,653
212 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 215
(In million Rupiah)
December 2024
Impaired Claims Allowance Allowance Allowance
for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-of f
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(j) (k) (l) (m) (n) (o) (p)
11,305,619 833,367 337,683 195,962 4,573 89,485 422,904
11,332,359 6,069 72,740 6,919 1,489 22,362 7,183
87,097,790 1,679,685 779,289 251,139 100,552 325,618 426,726
7,689,413 3,688 46,223 4,706 736 13,617 7,060
1,520,850 - 5,227 1,916 - 2,649 1
8,774,113 3,271,744 188,100 29,690 9,535 572,648 29,761
62,189,482 1,617,915 2,551,085 893,645 84,683 1,062,876 5,102,962
8,516,152 155,399 114,995 29,041 14,867 40,384 19,749
200,666 1,573 18,720 4,047 434 9,396 63,993
10,938,241 6,841 - 6,626 - 3,308 758
95,411,744 766,093 244,095 9,529 937 244,140 525
1,717,567 574,247 - 340 - 117,490 144
5,704,912 16,253 - 3,119 1,339 - 561
7,950,238 1,429,572 16,558 19,391 3,412 8,014 2,115
- - - - - - -
5,625 - - 156 - - -
33,422 124 - 698 - 53 753
2,116,929 25,179 258,449 20,285 5,163 73,809 62,922
12,646,575 204,599 1,806,074 132,519 34,779 571,634 522,832
519,825 - 17,795 46,951 - - 303,793
- - - - - - -
32,700,469 336,935 486,722 250,758 102,605 321,599 10,570
56 - - - - - 55
25,079,729 983,481 447,418 28,786 32,866 141,891 3,883,748
393,451,776 11,912,764 7,391,173 1,936,223 397,970 3,620,973 10,869,115
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 213
Page 216
Risk Management
Efforts to Overcome Arrears and Impairment
To maintain good credit quality, monitoring of debtors who experience arrears and impairment is carried out regularly.
Monitoring is carried out in each credit category (Corporate, Commercial, Small and Medium Enterprise or SME, Micro
Business and Retail Lending, including Digital Lending) as well as the industrial sector and the credit portfolio as a
whole..
Disclosure of Bills Based on Delinquent Days
Bank Only
(In million Rupiah)
31 December 2025 31 December 2024
Bills Based on Delinquent Days Bills Based on Delinquent Days
No Types of Exposures
> 90 days > 120 days > 90 days > 120 days
s.d. 120 s.d. 180 > 180 days Total s.d. 120 s.d. 180 > 180 days Total
days days days days
a b c d e f g h i j
1 Credit that included in past due 164,173 327,075 1,607,421 2,098,669 229,516 211,055 1,565,315 2,005,886
claims
2 Securities that included in past - - - - - -
due claims
Total 164,173 327,075 1,607,421 2,098,669 229,516 211,055 1,565,315 2,005,886
Disclosure of Bills Based on Delinquent Days
Consolidated Bank with Subsidiaries
(In million Rupiah)
31 December 2025 31 December 2024
Bills Based on Delinquent Days Bills Based on Delinquent Days
No Types of Exposures
> 90 days > 120 days > 90 days > 120 days
s.d. 120 s.d. 180 > 180 days Total s.d. 120 s.d. 180 > 180 days Total
days days days days
a b c d e f g h i j
1 Credit that included in past due 998,948 1,383,048 2,374,056 4,756,052 1,059,491 1,293,661 2,098,862 4,452,014
claims
2 Securities that included in past - - - - - - - -
due claims
Total 998,948 1,383,048 2,374,056 4,756,052 1,059,491 1,293,661 2,098,862 4,452,014
214 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 217
Disclosure of Performing and Non-Performing Assets
Bank Only
(In million Rupiah)
Non Perfoming
(Quality KL, D, M)
Performing
Non Impaired Claims
(Quality L and DPK)
Impaired Claims Have Arrears Have Arrears
> 90 days ≤ 90 days
No
Allowance Allowance Allowance Allowance
Gross Gross Gross Gross
for for for for
Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment
Value Value Value Value
Losses Losses Losses Losses
a b c d e f g h
31 December 2025
1 Securities 15,795,918 71 - - - - - -
2 Loan 147,776,952 1,596,150 2,098,669 1,037,907 - - - -
a. Corporate 102,248,170 886,288 492,879 217,267 - - - -
b. Ritel 45,528,783 709,862 1,605,790 820,641 - - - -
3 Administrative Account 156,460,085 20,956 - - - - - -
Transaction
31 December 2024
1 Securities 19,332,166 593 - - - - - -
2 Loan 143,932,165 1,649,451 1,917,363 1,348,933 88,523 22 - -
a. Corporate 95,023,416 744,118 487,941 480,057 88,523 22 - -
b. Ritel 48,908,748 905,334 1,429,422 868,876 - - - -
3 Administrative Account 147,058,112 43,266 - - - - - -
Transaction
Disclosure of Performing and Non-Performing Assets
Consolidated Bank with Subsidiaries
(In million Rupiah)
Non Perfoming
(Quality KL, D, M)
Performing
Non Impaired Claims
(Quality L and DPK)
Impaired Claims Have Arrears Have Arrears
> 90 days ≤ 90 days
No
Allowance Allowance Allowance Allowance
Gross Gross Gross Gross
for for for for
Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment
Value Value Value Value
Losses Losses Losses Losses
a b c d e f g h
31 December 2025
1 Securities 25,825,267 71 - - - - - -
2 Loan 175,758,182 3,349,772 4,487,722 2,928,585 - - - -
a. Corporate 103,413,642 886,922 492,879 217,267 - - - -
b. Ritel 54,529,594 1,324,128 1,605,790 820,641 264,689 264,471 3,639 2,101
3 Administrative Account 156,460,085 20,956 - - - - - -
Transaction
31 December 2024
1 Securities 28,381,457 593 - - - - - -
2 Loan 171,461,132 2,796,100 1,917,363 1,348,933 2,153,215 824,303 27,528,967 1,146,649
a. Corporate 95,580,035 744,320 487,941 480,057 88,523 22 - -
b. Ritel 58,244,597 1,451,274 1,429,422 868,876 375,039 374,129 6,398 4,003
3 Administrative Account 147,058,112 43,266 - - - - - -
Transaction
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 215
Page 218
Risk Management
Definition of Restructured Assets
In order to minimize credit losses, the Bank is considering credit restructuring for debtors who experience difficulties in
fulfilling their obligations as long as it is beneficial for both parties. Credit restructuring is an improvement effort carried
out by the Bank in credit activities for debtors who are having difficulty fulfilling their obligations.
Banks are only allowed to carry out credit restructuring for debtors with the following criteria:
i. The debtor experiences a decrease in the ability to pay credit principal and/or interest; and
ii. The debtor remains with good business prospects and is able to fulfill its obligations after restructuring
Disclosure of Performing and Non-Performing Restructuring Assets
Bank Only
(In million Rupiah)
Performing Non Perfoming
Stage 1 Stage 2 Stage 3
(Quality L and DPK) (Quality KL, D, M)
Allowance Allowance Allowance Allowance Allowance
Gross Gross Gross Gross Gross
No for for for for for
Carrying Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment Impairment
Value Value Value Value Value
Losses Losses Losses Losses Losses
a b c d e f g h i j
31 December 2025
1 Securities - - - - - - - - - -
2 Credit 4,668,342 910,088 337,648 138,722 494,600 32,814 139,967 37,809 4,371,423 978,188
a. Corporation 4,027,482 836,674 - - - - - - 4,027,482 836,674
b. Retail 640,860 73,413 337,648 138,722 494,600 32,814 139,967 37,809 343,941 141,513
3 Administrative 25,671 94 - - 7,665 94 - - - -
Account
Transactions
31 December 2024
1 Securities - - - - - - - - - -
2 Credit 4,196,189 739,695 975,222 771,565 438,466 54,641 256,651 101,269 4,476,293 1,355,350
a. Corporation 3,435,351 551,230 487,941 480,057 - - 444 2 3,922,848 1,031,285
b. Retail 760,838 188,465 487,281 291,508 438,466 54,641 256,207 101,267 553,445 324,065
3 Administrative 42,353 265 - - 4,802 43 2,020 221 - -
Account
Transactions
216 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 219
Disclosure of Performing and Non-Performing Restructuring Assets
Consolidated Bank with Subsidiaries
(In million Rupiah)
Performing Non Perfoming
Stage 1 Stage 2 Stage 3
(Quality L and DPK) (Quality KL, D, M)
Allowance Allowance Allowance Allowance Allowance
Gross Gross Gross Gross Gross
No for for for for for
Carrying Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment Impairment
Value Value Value Value Value
Losses Losses Losses Losses Losses
a b c d e f g h i j
31 December 2025
1 Securities - - - - - - - - - -
2 Credit 6,073,022 2,254,799 1,581,451 1,381,781 551,771 33,483 143,543 37,885 6,959,159 3,565,213
a. Corporation 4,029,668 836,674 - - - - - - 4,027,482 836,674
b. Retail 954,074 162,876 340,584 141,423 494,600 32,814 139,967 37,809 343,941 141,513
3 Administrative 25,671 94 - - 7,665 94 - - - -
Account
Transactions
31 December 2024
1 Securities - - - - - - - - - -
2 Credit 6,904,718 1,477,218 2,029,237 1,142,312 493,773 55,258 294,370 101,911 8,145,811 2,462,361
a. Corporation 3,435,351 551,230 487,941 480,057 - - 444 2 3,922,848 1,031,285
b. Retail 829,556 216,580 496,090 299,380 438,466 54,641 256,207 101,267 553,445 324,065
3 Administrative 42,353 265 - - 4,802 43 2,020 221 - -
Account
Transactions
Disclosure of Counterparty Credit Risk
Counterparty credit risk for the Bank is the risk arising from the counterparty’s failure to pay a contract with the Bank,
which causes potential losses for the Bank in replacing the contract.
Counterparty credit risk generally arises from derivative transactions, such as, but not limited to, FX swaps and repo/
reverse repo transactions. Counterparty credit risk mitigation is carried out in accordance with OJK Circular Letter 24/
SEOJK.03/2021, namely by recognizing the existence of collateral, guarantees, or credit insurance and complemented
by the Bank’s policy for managing credit risk from counterparties.
CCR1 Table: Counterparty Credit Risk Exposure Analysis
Alpha
used in the
Replacement Cost Potential Future
EEPE calculations Net Receivables RWA
No (RC) Exposure (PFE)
of Regulatory
EAD
a b c d e f
1 SA-CCR (for 952,551,211,196 1,683,039,942,642 1,4 3,689,827,615,374 1,730,788,300,000
derivative)
2 Internal Model N/A N/A
Method (for
derivative and SFT)
3 Simple approach for N/A N/A
credit risk
mitigation (for SFT)
4 Comprehensive 1,684,697,000,000 432,267,500,000
approach for
credit risk mitigation
(for SFT)
5 VaR for SFT N/A N/A
Total
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 217
Page 220
Risk Management
Definition
Replacement Cost is as referred to in the provisions of the Financial Services Authority regarding the guidelines for
calculating net receivables of derivative transactions in the calculation of risk-weighted assets for credit risk using the
standardized approach.
Potential Future Exposure is as referred to in the provisions of the Financial Services Authority regarding the guidelines
for calculating net receivables of derivative transactions in the calculation of risk-weighted assets for credit risk using
the standardized approach.
Net Receivables is the calculation of Net Receivables for derivative transactions using the standardized approach
which is the sum of Replacement Cost (RC) and Potential Futures Exposures (PFE) which is then multiplied by 1.4 (one
point four) as referred to in the provisions of the Financial Services Authority regarding the guidelines for calculating
net receivables of derivative transactions in the calculation of risk-weighted assets according to risk for credit risk
using the standardized approach.
CCR3 Table: CCR Exposure Based on Portfolio Category and Risk Weight
Portfolio Category 0% 10% 20% 50%
Claims on sovereign 106,473,222,862
Claims on Public Sector Entity 26,815,100,581
Claims on Multilateral Development Banks and International
Institute
Claims on Bank 575,431,000,000 711,206,000,000
Claims on Securities Companies
Claims on Corporate 502,887,485,468 -
Claims on Micro, Small and Retail Portfolio
Other Assets
Total 106,473,222,862 1,105,133,586,049 711,206,000,000
Definition
The division by risk weight and regulatory portfolio is included in the table for illustrative purposes. Banks may
supplement the table with asset class divisions based on the provisions of the Financial Services Authority regarding
guidelines for calculating risk-weighted assets for credit risk using the standardized approach.
Total credit exposure is the relevant value for calculating capital by taking into account credit risk mitigation
techniques.
218 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 221
75% 100% 150% Others Total Net Receivables
106,473,222,862
26,815,100,581
370,321,000,000 10,361,106,503 732,749,902,662 2,400,069,009,165
653,582,797,299 1,156,470,282,767
370,321,000,000 663,943,903,802 732,749,902,662 3,689,827,615,374
CCR6 Table: Net Credit Derivatives Claims
Protection Bought Protection Sold
Notional Values NULL NULL
Single-name credit default swaps
Index credit default swaps
Total return swaps
Credit options
Derivatif kredit lainnya
Total Notional Values NULL NULL
Fair values NULL NULL
Fair values positive (asset)
Fair values negative (liability)
B. Market Risk
Market risk is the risk on the balance sheet and administrative account positions, including derivative transactions
due to changes in market conditions. Changes in market conditions include movements in exchange rates, interest
rates, and option prices, including changes in credit spreads and the potential for default. Market risk exists in trading
book and banking book positions originating from exposure to foreign exchange, securities, derivatives, and financial/
money market instruments.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 219
Page 222
Risk Management
Interest rate risk in the banking book can arise from Determination of market risk limits is reviewed
differences in exposure to the Bank’s assets and periodically to ensure compliance with business
liabilities and movements in interest rates, which will developments and the latest economic and market
affect income and the economic value of the Bank’s conditions based on exchange rate and interest rate risk
capital. factors.
Market Risk Management Framework Adequacy of Risk Identification, Measurement,
The Bank uses the control framework as a clear and firm Monitoring, and Control Processes, as well as Risk
guideline regarding limits on risk-taking. The three Management Information Systems
key components in the risk control framework are: Market risk identification is always carried out through
1. Policies and Procedures the analysis of every product, transaction, or service
Establish clear rules and standards for all offered by the Bank through programs until the product,
business activities, controls, and operational and transaction, or service becomes a market risk exposure
organizational strategies in the Bank related to that is measured, monitored, and controlled on a daily
market risk management. basis.
2. Exposure Limits For every feature development and significant growth,
Provide clear boundaries related to market risk. market risks are continuously re-identified and
Market risk limits/tolerances are adjusted to discussed jointly between the Risk Management Work
relevant regulations, global policies, and local Unit (RMU), in this case the Market and Liquidity Risk
policies at the Bank. Management work unit, and related business units.
3. Delegation of Risk Authority Currently the Bank’s securities portfolio is categorized
Ensure that decision-making on major risks as a trading book and a banking book. Trading book
can only be carried out by certain individuals or securities are mainly used to fulfill requests from
work units who have received approval from the customers. Meanwhile, banking book securities are
management committee at the Bank. managed for the purpose of providing liquidity reserves
and obtaining optimal returns in accordance with the
Adequacy of Policies, Procedures, and Limit business plan and certain levels of risk accepted by
Determination Management.
The Bank periodically reviews the adequacy of policies,
procedures, and limit determination in managing market The Bank’s foreign exchange exposure mostly comes
risk so that they are in line with external regulations such from FX transactions carried out for the benefit of
as Financial Services Authority (OJK) Regulation No. 18/ customers and swaps for sources of funds obtained
POJK.03.2016 and OJK Circular No. 34/SEOJK.03/2016 in foreign currencies. Exchange rate risk exposure is
concerning the implementation of risk management. measured based on the Bank’s net foreign exchange
In addition, this policy is also prepared in line with the position. The Bank’s net foreign exchange position as of
global market risk and liquidity risk policies of Sumitomo December 2025 is 0,71 % of capital, or far below Bank
Mitsui Banking Corporation (SMBC) due to the fact that Indonesia’s maximum threshold, namely 20.0% of
SMBC Indonesia is an SMBC group. capital.
The Bank’s market risk policies and procedures establish The Bank carries out a revaluation process (mark to
clear rules and standards for all business activities, market) based on market prices at the end of each
controls, and operational and organizational strategies day. The Bank also monitors market risk exposure on
in the Bank related to market risk. The Bank has a a daily basis as part of risk mitigation and ensures that
methodology following measurable and clear steps to exposure does not exceed the limit set by the asset
identify, measure, and monitor market risks. liabilities committee (ALCO).
To ensure risk control runs well, the Bank also checks The calculation of Risk Weighted Assets (RWA) for
and balances and separates the front office, middle market risk and capital requirements for market risk
office, and back office, as well as implementing the exposure is carried out based on a standard approach in
Three Lines of Defense framework, namely: accordance with applicable regulations.
1. Work Unit Leader (PUK) (first line of defense)
2. Market and Liquidity Risk Management Department
and Compliance Unit (second line of defense)
3. Internal Audit/SKAI Work Unit (third line of defense)
220 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 223
RWA Disclosure for Market Risk Using Standardized Approach (MR1)
Bank Only
(In million Rupiah)
Capital Charge with Standard Appoach
Risk
Position December 2025
Risk of GIRR 24,975.22
Risk of CSR Non Securitization 8,519.70
Risk of CSR Securitization Non CTP
Risk of CSR Securitization CTP
Risk of Equity
Risk of Commodity
Risk of Exchange Rate 20,431.35
DRC – Non Securitization
DRC Securitization Non CTP
DRC Securitization CTP
RRAO
Total 53,926.27
Additional Disclosure (Qualitative)
In accordance with SEOJK Number 23/SEOJK.03/2022 regarding the calculation of RWA for Market Risk for
Commercial Banks, the Bank uses the standard method approach in calculating RWA for Market Risk starting from the
reporting period of January 2025. The components of market risk capital charges include:
• Risk Class General Interest Rate Risk (GIRR)
• Non-securitized Credit Spread Risk (CSR) Risk Class
• Exchange Rate Risk Class
RWA Disclosure for Market Risk Using Standardized Approach (MR1)
Consolidated Bank with Subsidiaries
(In million Rupiah)
Capital Charge with Standard Appoach
Risk
Position December 2025
Risk of GIRR 24,975.22
Risk of CSR Non Securitization 8,519.70
Risk of CSR Securitization Non CTP
Risk of CSR Securitization CTP
Risk of Equity
Risk of Commodity
Risk of Exchange Rate 20,431.35
DRC – Non Securitization
DRC Securitization Non CTP
DRC Securitization CTP
RRAO
Total 53,926.27
Additional Disclosures (Qualitative)
As of reporting period of December 2025, there are no transfers between regulatory books. Subsidiaries of the Bank
do not have Trading Book portfolio.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 221
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Risk Management
Simplified BA-CVA (CVA1) - Bank Only
(In million Rupiah)
ATMR
Component
BA-CVA
a b
Aggregation of systematic components of CVA Risk 148,284.17
Aggregation of idiosynctatic components of CVA Risk 75,647.09
Total 803,878.75
Simplified BA-CVA (CVA1) - Consolidated Bank with Subsidiaries
(In million Rupiah)
ATMR
Component
BA-CVA
a b
Aggregation of systematic components of CVA Risk 148,284.17
Aggregation of idiosynctatic components of CVA Risk 75,647.09
Total 803,878.75
Additional Disclosures (Qualitative)
In accordance with SEOJK Number 23/SEOJK.03/2022 regarding the calculation of RWA for Market Risk for
Commercial Banks, the Bank uses a simplified basic CVA approach (Basic Approach CVA - reduced version) in the
calculation of RWA CVA, the approach does not recognize hedging.
Market risk management is carried out by reporting the results of measuring and monitoring market risk limits that
have been set by ALCO on a daily basis. The Bank also routinely performs PV01 calculations and simulates projected
changes in Net Interest Income (NII) and Economic Value of Equity (EVE), which are reported in meetings held by the
ALCO committee and the Risk Management Committee (RMC).
Annually, or if there are additional features or products, the Bank validates the measurement results from the system
used. The current information system is able to facilitate the revaluation (mark to market) process, provide up-to-date
information on the Bank’s market risk exposure, and monitor the movement of the Bank’s market risk factors.
Internal Control System for Market Risk
Monitoring of Market Risk is carried out through the Asset Liabilities Committee (ALCO) and the Risk Management
Committee. The Internal Control System has been effective in supporting the implementation of Market Risk
Management. Internal Audit carries out regular audits on the adequacy of policies, procedures, and limits, as well as the
tolerance and compliance of each party related to the implementation of market risk management in accordance with
the Bank’s established audit plan.
Market Risk Management Organizational Structure
Head of Risk Management
Market & Liquidity Risk Management Head
Market & Liquidity Risk Market & Liquidity Risk Market & Liquidity Risk
Development Analytics & Reporting Monitoring
222 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 225
Disclosure of Interest Rate Risk in the Banking Book and hedging strategy that must be implemented to
Banking book exposure to the Bank’s assets and return the IRRBB figure to the desired level.
liabilities is measured using sensitivity analysis based
on the interest rate repricing gap profile to calculate the Market and Liquidity Risk Management is responsible
impact of changes in interest rates on the Bank’s net for measuring and monitoring IRRBB periodically
profit using the Net Interest Income (NII) approach and to be reported to the Board of Directors and ALCO/
the impact of changes in interest rates on the Bank’s RMC. Meanwhile, the business and treasury units are
capital, or by using Economic Value of Equity (EVE) responsible for carrying out the business and hedging
approach. strategies that have been formulated.
Interest rate risk in the Banking Book Quantitative analysis of the IRRBB measurement results
Bank Name : PT Bank SMBC Indonesia Tbk for the December 2025 position can be seen that the
(Bank Only) Bank’s highest EVE change occurred in the Parallel
Report Position : December 2025 Shock Up scenario, namely Rp3.34 trillion or 10.05% of
CET1. Meanwhile, from the perspective of NII changes,
Individual Qualitative Analysis in the Parallel Shock Up scenario, Bank NII projected to
IRRBB measurements are carried out using standard experience a decline of Rp0.41 trillion or 5.78% from the
methods in accordance with applicable regulations. In Bank’s annual NII projection.
managing the IRRBB, the Bank has determined a Risk
Appetite, which is manifested in the form of an internal IRRBB Calculation Report
buffer for the maximum EVE changes that must be Bank Name : PT Bank SMBC Indonesia Tbk
maintained. If the IRRBB level approaches or exceeds the (Bank Only)
buffer figure, ALCO will decide on the business strategy Report Position : December 2025
Currency : Total in Rupiah
Table of IRRBB Calculation Report
(In million Rupiah)
∆ EVE ∆ NII
December 2025 December 2024 December 2025 December 2024
Parallel up (3,337,036.02 ) (2,329,208.31) (407,925.53 ) (187,966.88)
Parallel down 3,607,391.60 2,484,311.65 375,758.57 140,798.88
Steepener 172,966.57 228,641.25
Flattener (956,345.28 ) (736,828.07)
Short rate up (1,913,720.64 ) (1,372,907.81)
Short rate down 1,973,939.13 1,373,477.98
Absolute Negative Maximum Value 3,337,036.02 2,329,208.31 407,925.53 187,966.88
Tier 1 Capital (for ∆ EVE) or Projected Income (for ∆ NII) 33,218,319.66 32,425,450.04 7,056,967.31 2,258,829.42
Maximum amount divided by Tier 1 capital (for ∆ EVE) or 10.05% 7.18% 5.78% 8.32%
Projected Income (for ∆ NII)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 223
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Risk Management
Interest rate risk in the Banking Book
Bank Name : PT Bank SMBC Indonesia Tbk (Consolidated)
Report Position : December 2025
Consolidated Qualitative Analysis
Effective March 27, 2024, PT Bank SMBC Indonesia Tbk acquired PT OTO Multiartha (OTO) and PT Summit Oto Finance
(SOF), thus SMBC Indonesia’s Subsidiary Companies currently consist of BTPNS as a banking company and OTO
and SOF as financing companies. In accordance with regulations, the Bank measures and monitors IRRBB on a
consolidated basis using the EVE (Economic Value of Equity) and NII (Net Interest Income) methods.
Quantitative analysis of the IRRBB measurement results for December 2025 can be seen that the Bank’s highest EVE
change occurred in the Parallel Shock Up scenario, namely Rp4,05 trillion or 9,12% of CET1. Meanwhile, from the
perspective of NII changes, in the Parallel Shock Down scenario, the Bank’s NII is projected to experience an increasing
of Rp0.15 trillion or 1.39% from the Bank’s annual NII projection
IRRBB Calculation Report
Bank Name : PT Bank SMBC Indonesia Tbk (Consolidated)
Report Position : December 2025
Currency : Total in Rupiah
Table of IRRBB Calculation Report
(In million Rupiah)
∆ EVE ∆ NII
December 2025 December 2024 December 2025 December 2024
Parallel up (4,053,304.78 ) (3,016,704.90) (151,542.54) 189,554.84
Parallel down 4,365,715.60 3,229,904.06 116,130.26 (218,318.48)
Steepener 405,031.88 369,066.57
Flattener (1,341,258.74) (1,028,531.80)
Short rate up (2,539,816.23) (1,910,310.29)
Short rate down 2,624,033.76 1,933,839.35
Absolute Negative Maximum Value 4,053,304.78 3,016,704.90 151,542.54 218,318.48
Tier 1 Capital (for ∆ EVE) or Projected Income (for ∆ NII) 44,455,177.93 43,905,358.09 10,912,177.55 7,617,423.19
Maximum amount divided by Tier 1 capital (for ∆ EVE) or 9.12% 6.87% 1.39% 2.87%
Projected Income (for ∆ NII)
224 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 227
C. Liquidity Risk To implement policies and procedures and set limits
Liquidity risk is a risk that may arise due to the Bank’s on liquidity risk effectively, the Bank has also clearly
inability to fulfill its maturing obligations using its cash established a clear separation of duties, responsibilities,
flow and/or high-quality liquid assets that can be and authority between units responsible for managing
pledged as collateral, without disrupting the Bank’s liquidity risk, namely work units whose work has
activities and financial condition. exposed activities to liquidity risk. The Risk Management
Directorate provides independent and objective input
Liquidity risk is also related to optimizing the and analysis in the process of identifying, measuring,
balance sheet structure and structural risk regarding monitoring, and managing liquidity risk.
dependence on certain funding sources. The Bank’s
liquidity risk management strives to manage liquidity The policies and procedures currently implemented also
risk from a short-term and structural perspective. regulate liquidity risk management during times of crisis,
starting with the activation of an emergency funding
In the short-term perspective, the Bank ensures plan (CFP) and its implementation until returning to
adequate liquidity, which is monitored based on the normal conditions (business as usual/BAU).
Liquidity Coverage Ratio (LCR) and other early warning
indicators. In a long-term perspective, liquidity risk Adequacy of Risk Identification, Measurement,
is managed and monitored through the Net Stable Monitoring, and Control Processes, as well as Risk
Funding Ratio (NSFR). Management Information Systems
Liquidity risk identification is carried out on all sources,
Liquidity Risk Management Framework both in terms of new banking products and activities,
The Bank uses the control framework as a clear and firm as well as in terms of significant growth from certain
guideline regarding limits on risk-taking. The three key funding sources and results, both in the form of asset
components in the risk control framework are: positions, liabilities, and administrative accounts.
1. Policies and Procedures Identification is also carried out whenever there is
Establish clear rules and standards for all potential for increased risk, including interest rate risk,
business activities, controls, and operational and credit risk, operational risk, legal risk, and risk due to new
organizational strategies at the Bank related to regulations from Bank Indonesia.
liquidity risk management.
The Bank measures and monitors liquidity risk indicators
2. Exposure Limits to identify potential liquidity problems through Early
Provide clear boundaries related to liquidity risk. Warning Indicators (EWI), which monitor roll-over levels,
Liquidity risk limits/tolerances are adjusted to funding concentration, Bank public ratings, money
relevant regulations, global policies, and local market liquidity levels, and fulfillment of regulatory ratio
policies at the Bank. obligations. The Bank also structurally measures liquidity
risk using ratios such as the liquid assets adequacy ratio
3. Delegation of Risk Authority and the Macroprudential Intermediation Ratio (RIM) as
Ensure that decision-making on major risks well as calculating outflow funds and conducting stress
can only be carried out by certain individuals or testing.
work units who have received approval from the
management committee at the Bank. Internal policies stipulate that the Bank always complies
with established rules or regulations, such as Minimum
Adequacy of Policies, Procedures, and Limit Statutory Reserves and Liquidity Coverage Ratio (LCR).
Determination The Bank has also implemented Net Stable Funding
The Bank periodically reviews the adequacy of policies, Ratio (NSFR) regulations.
procedures, and limits on liquidity risk and their
suitability to risk appetite. In addition, it is also in line
with business strategy and business growth, transaction
complexity, as well as economic and market conditions.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 225
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Risk Management
LCR report as of the end of quarter IV/2025:
Table of Report on Calculation of Obligations to Fulfill Liquidity Coverage Ratio
Bank
Report Date Position Report Date Position
(December 2025) (December 2024)
HQLA after haircut, HQLA after haircut,
No Components outstanding outstanding
Outstanding commitment and Outstanding commitment and
commitment and liabilities times commitment and liabilities times
liabilities/contractual run-off rate or liabilities/contractual run-off rate or
receivables contractual receivables contractual
receivables times receivables times
inflow rate inflow rate
1 Total data used in LCR calculation 64 Days 63 Days
HIGH QUALITY LIQUID ASSET (HQLA)
2 Total High Quality Liquid Asset (HQLA) 33,195,584 31,204,662
CASH OUTFLOW
3 Retail deposits and deposits from Micro and 32,724,402 2,472,256 29,096,321 2,180,567
Small Business customers, consist of:
a. Stable Deposit/Funding 16,003,676 800,184 14,581,293 729,065
b. Less stable deposit/funding 16,720,725 1,672,073 14,515,027 1,451,503
4 Wholesale Funding, consist of: 68,476,244 29,952,482 57,019,360 26,403,043
a. Operational deposit - - - -
b. Non operational deposit and/or Other Non 68,476,244 29,952,482 57,019,360 26,403,043
Operational liabilities
c. Marketable securities issued by bank - - - -
5 Secured funding - -
6 Other cash outflow (additional requirement), 150,702,209 3,932,990 154,587,913 4,907,485
consist of:
a. cash outflow from derivative transaction 1,316,786 1,316,786 1,232,331 1,232,331
b. cash outflow from additional liquidity - - - -
requirement
c. cash outflow from liquidation of funding - - - -
d. cash outflow from disbursement of loan 11,989,920 1,811,639 17,705,474 2,441,948
commitment and liquidity facilities
e. cash outflow from other contractual - - - -
liabilities related to placement of funds
f. cash outflow from other funding related to 136,646,755 55,817 134,862,772 445,870
contingency liabilities
g. other contractual cash outlow 748,748 748,748 787,336 787,336
7 TOTAL CASH OUTFLOW 36,357,729 33,491,095
CASH INFLOW
8 Secured lending - - - -
9 Claims to counterparty 27,751,233 17,486,747 29,575,188 17,745,860
10 Other Cash Inflow 2,075,536 1,701,162 2,076,346 1,656,809
11 TOTAL CASH INFLOW 29,826,769 19,187,908 31,651,534 19,402,670
TOTAL ADJUSTED TOTAL ADJUSTED
VALUE1 VALUE1
12 TOTAL HQLA 33,195,584 31,204,662
13 TOTAL NET CASH OUTFLOWS 17,169,820 14,088,426
14 LCR (%) 193,34% 221,49%
Note:
Adjusted value is calculated after haircut, run-off rate, inflow rate, and HQLA components maximum limit, for example, the maximum limit of HQLA is Level 2B and
HQLA is Level 2, and the determined maximum limit of cash inflow that can be calculated in LCR.
226 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 229
Consolidated
Report Date Position Report Date Position
(December 2025) (December 2024)
HQLA after haircut, HQLA after haircut,
outstanding outstanding
Outstanding commitment and Outstanding commitment and
commitment and liabilities times commitment and liabilities times
liabilities/contractual run-off rate or liabilities/contractual run-off rate or
receivables contractual receivables contractual
receivables times receivables times
inflow rate inflow rate
64 Days 63 Days
44,443,221 40,228,849
38,688,969 2,891,680 35,195,724 2,616,211
19,544,346 977,217 18,067,233 903,362
19,144,623 1,914,462 17,128,491 1,712,849
73,619,663 33,573,930 61,362,475 29,635,342
- - - -
73,594,533 33,548,800 61,356,372 29,629,239
25,130 25,130 6,103 6,103
- -
151,062,723 4,293,504 155,036,522 5,356,095
1,677,300 1,677,300 1,680,940 1,680,940
- - - -
- - - -
11,989,920 1,811,639 17,705,474 2,441,948
- - - -
136,646,755 55,817 134,862,772 445,870
748,748 748,748 787,336 787,336
40,759,113 37,607,647
- - - -
30,774,216 19,339,797 32,774,275 19,716,210
2,422,016 2,047,642 2,454,465 2,034,929
33,196,231 21,387,439 35,228,741 21,751,139
TOTAL ADJUSTED TOTAL ADJUSTED
VALUE1 VALUE1
44,443,221 40,228,849
19,371,674 15,856,508
229,42% 253,71%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 227
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Risk Management
Analysis of Calculation of Obligations to Fulfill Consolidated Analysis
Liquidity Coverage Ratio The consolidated LCR of the Bank with subsidiaries at
the end of quarter IV/2025 was 229.42%,decreased
Individual Analysis by 24.28 compared to the end of quarter IV/2024 of
At the end of quarter IV/2025 was 193.34%, decreased 253.71%. Lower LCR was caused by the increase in the
by 28.15% compared to 221.49% at the end of quarter average value of net cash outflow amounting to Rp3.52
IV/2024. The decrease in LCR was caused by the trillion although the average value of HQLA is also
increase of net cash outflow amounting to Rp3.08 increased by Rp4.21 trillion.
trillion is higher compared to the increase of value of
high-quality liquid assets (HQLA) of Rp1.99 trillion. The average value of cash outflows on a consolidated
basis increased by Rp3.15 trillion, while the average value
The average value of cash outflows increased by Rp2.87 of cash inflows on a consolidated basis also decreased
trillion, while the average value of cash inflows also by Rp0.36 trillion. The increase in projected cash
decreased by Rp0.21 trillion. The increase in projected outflows mainly comes from corporate customers, while
cash outflows mainly comes from corporate customers, the decrease in projected cash inflows mainly comes
while the decrease in projected cash inflows mainly from claims from counterparties.
comes from claims to counterparties.
Both the Bank and its subsidiaries always comply with
LCR provisions to ensure liquidity resilience.
Bank Name : PT Bank SMBC Indonesia Tbk (Bank Only)
Report Position : 31 December 2025
Table of Bank Only Net Stable Funding Ratio (NSFR) Disclosure
Position of Report
(December 2025)
No Component Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
ASF Component
1 Capital: 44,525,796 - - 3,335,000 47,860,796
2 Regulatory Capital as per POJK CAR 44,525,796 - - 3,335,000 47,860,796
3 Other capital instruments - - - - -
4 Retail deposits and deposits from micro and small 22,743,364 20,850,834 748,263 514 40,779,361
business customers:
5 Stable Deposits 15,171,743 2,197,547 43,366 - 16,542,024
6 Less Stable Deposits 7,571,622 18,653,287 704,896 514 24,237,338
7 Wholesale Funding: 28,165,763 54,082,730 1,544,596 25,078,775 47,710,492
8 Operational deposits - - - - -
9 Other wholesale funding 28,165,763 54,082,730 1,544,596 25,078,775 47,710,492
10 Liabilities with matching interdependent assets - - - - -
11 Other liabilities and equity: 3,923,920 7,177,840 190,631 - -
12 NSFR derivative liabilities - - -
13 All other liabilities and equity not included in the above 3,923,920 7,177,840 190,631 - -
categories
14 Total ASF 136,350,649
228 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 231
Position of Report
(December 2024)
Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
43,562,483 - - 3,219,000 46,781,483
43,562,483 - - 3,219,000 46,781,483
- - - - -
17,556,185 21,649,124 1,133,969 21,466 37,192,528
13,559,954 3,639,764 114,506 5,021 16,453,533
3,996,232 18,009,360 1,019,463 16,445 20,738,995
24,939,838 47,007,642 1,667,559 36,247,419 57,383,710
- - - - -
24,939,838 47,007,642 1,667,559 36,247,419 57,383,710
- - - - -
4,192,840 3,938,368 320,239 - -
- - -
4,192,840 3,938,368 320,239 - -
141,357,721
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 229
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Risk Management
Position of Report
(December 2025)
No Component Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
Komponen RSF
15 Total NSFR HQLA 367,162
16 Deposits held at other financial institutions for operational 1,062,136 - - - 531,068
purposes
17 Performing loans and securities 10,743,716 55,742,605 11,590,138 73,595,602 87,808,477
18 to financial institutions secured by Level 1 HQLA - - - - -
19 to financial institutions secured by 40,498 10,350,689 2,237,554 10,345,479 13,022,934
non-Level 1 HQLA and unsecured performing loans to
financial institutions
20 to non- financial corporate clients, retail and small 10,703,219 42,436,839 8,424,445 53,508,391 66,979,809
business customers, government of Indonesia, other
sovereigns, Bank Indonesia, other central banks and
pubic service entities, of which:
21 meet the criteria for risk weight of less than or equal - 1,271,500 928,140 9,741,733 7,431,946
to 35% under OJK circular letter regarding credit
risk RWA
22 Unpledged residential mortgages, of which: - - - - -
23 meet the criteria for risk weight of less than or equal - - - - -
to 35% under OJK circular letter regarding credit
risk RWA
24 Securities that are unpledged, not in default and do not - 513,576 - - 256,788
qualify as HQLA, including exchange-traded equities
25 Assets with matching interdependent liabilities - - - - -
26 Other assets: 12,710,645 6,395,310 53,653 12,023,706 25,032,045
27 Physical traded commodities, including gold - -
28 Cash, securities and other assets posted as initial - - - -
margin for derivative contracts or contributions to
default funds of central counterparty (CCPs)
29 NSFR derivative assets 62,350 - - 62,350
30 NSFR derivative liabilities before deduction of variation 179,007 - - 179,007
margin posted
31 All other assets not included in the above categories 12,710,645 6,147,083 53,653 12,023,706 24,784,848
32 Off-balance sheet items 24,701,170 58,116,732 74,168,697 996,068
33 Total RSF 114,734,820
34 Net Stable Funding Ratio (%) 118.84%
¹ Components that shall be reported under termless category are components that do not have a contractual period, including:
Perpetual capital instruments, short position, open maturity position, current accounts, and equities that do not fall under HQLA and commodity categories.
Individual NSFR Analysis The largest portion of ASF is in the form capital
amounting to 35.10%, funding originating from
Individual Analysis corporate customers amounting to 34.99%, and savings
The Bank’s Net Stable Funding Ratio (NSFR) as an originating from individual customers amounting
individual at the end of quarter IV/2025 was 118.84%, to 29.91% of the total ASF. Meanwhile, the largest
decreased by 3.39% compared to 122.23% at the composition of ASF based on the remaining term
end of quarter IV/2024. Lower NSFR was due to the came from funding without a term of 48.22%, tenor < 6
decrease in Available Stable Funds (ASF) of 5.01 trillion months of 29.88%, and tenor of ≥ 1 year of 20.84% of
while Required Stable Funds (RSF) decreased by IDR the total ASF.
0.91 trillion.
230 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 233
Position of Report
(December 2024)
Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
155,912
677,345 - - - 338,672
- 69,084,581 15,328,642 75,265,524 95,796,505
- - - - -
- 12,109,774 1,658,075 11,315,918 13,961,421
- 55,253,716 13,570,654 61,930,728 79,799,586
- 160,000 - 2,018,878 1,392,271
- - - - -
- - - - -
- 1,092,903 99,913 - 596,408
- - - - -
4,754,588 2,945,013 58,410 12,932,663 18,334,851
- -
- - - -
96,555 - - 96,555
264,179 - - 264,179
4,754,588 2,584,278 58,410 12,932,663 17,974,116
9,066,105 23,088,183 114,903,824 1,021,375
115,647,316
122.23%
The largest portion of RSF is in the form of loans in the
current and special attention category (performing)
amounting to 76.53% and other assets amounting to
21.82% of the total RSF. Meanwhile, the composition of
the RSF based on the largest remaining term consists of
assets with a tenor of ≥ 1-year amounting to 65.47% and
assets with a tenor of < 6 months amounting to19.65%
of the total RSF.
The Bank always monitors and maintains compliance
with the NSFR and includes aspects of funding sources
and tenors in determining the Bank’s funding strategy.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 231
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Risk Management
Bank Name : PT Bank SMBC Indonesia Tbk (Consolidated)
Report Position : 31 December 2025
Table of Consolidated Net Stable Funding Ratio (NSFR) Disclosure
Position of Report
(December 2025)
No Component Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
Komponen ASF
1 Capital: 62,164,621 - - 3,335,000 65,499,621
2 Regulatory Capital as per POJK CAR 62,164,621 - - 3,335,000 65,499,621
3 Other capital instruments - - - - -
4 Retail deposits and deposits from micro and small 25,538,261 24,897,296 752,895 533 47,182,175
business customers:
5 Stable Deposits 17,835,473 4,357,253 47,999 19 21,128,707
6 Less Stable Deposits 7,702,788 20,540,042 704,896 514 26,053,468
7 Wholesale Funding: 28,537,063 64,015,999 6,737,667 36,509,790 62,872,329
8 Operational deposits - - - - -
9 Other wholesale funding 28,537,063 64,015,999 6,737,667 36,509,790 62,872,329
10 Liabilities with matching interdependent assets - - - - -
11 Other liabilities and equity: 4,919,636 7,177,840 190,631 - -
12 NSFR derivative liabilities - - -
13 All other liabilities and equity not included in the above 4,919,636 - - - -
categories
14 Total ASF 175,554,124
Komponen RSF
15 Total NSFR HQLA 709,312
16 Deposits held at other financial institutions for operational 1,305,764 - - - 652,882
purposes
17 Performing loans and securities 10,743,716 66,871,992 22,834,121 90,126,959 111,713,318
18 to financial institutions secured by Level 1 HQLA - - - - -
19 to financial institutions secured by 40,498 12,240,230 2,470,840 10,345,479 13,423,007
non-Level 1 HQLA and unsecured performing loans to
financial institutions
20 to non- financial corporate clients, retail and small 10,703,219 50,796,686 19,270,142 69,311,676 89,335,016
business customers, government of Indonesia, other
sovereigns, Bank Indonesia, other central banks and
pubic service entities, of which:
21 meet the criteria for risk weight of less than or equal - 1,271,500 928,140 9,741,733 7,431,946
to 35% under OJK circular letter regarding credit
risk RWA
22 Unpledged residential mortgages, of which: - - - - -
23 meet the criteria for risk weight of less than or equal - - - - -
to 35% under OJK circular letter regarding credit
risk RWA
24 Securities that are unpledged, not in default and do not - 1,393,576 165,000 728,071 1,406,349
qualify as HQLA, including exchange-traded equities
25 Assets with matching interdependent liabilities - - - - -
26 Other assets: 12,710,645 7,098,910 572,275 14,473,753 28,698,473
27 Physical traded commodities, including gold - -
28 Cash, securities and other assets posted as initial - - - -
margin for derivative contracts or contributions to
default funds of central counterparty (CCPs)
29 NSFR derivative assets 191,805 - - 299,088
30 NSFR derivative liabilities before deduction of variation 237,409 - - 289,547
margin posted
31 All other assets not included in the above categories 12,710,645 6,662,825 572,275 14,473,753 28,269,259
32 Off-balance sheet items 24,701,170 58,116,732 74,168,697 996,068
33 Total RSF 142,770,054
34 Net Stable Funding Ratio (%) 122.96%
¹ Components that shall be reported under termless category are components that do not have a contractual period, including:
Perpetual capital instruments, short position, open maturity position, current accounts, and equities that do not fall under HQLA and commodity categories.
232 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 235
Position of Report
(December 2024)
Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
60,568,668 - - 3,219,000 63,787,668
60,568,668 - - 3,219,000 63,787,668
- - - - -
20,215,828 25,773,786 1,159,240 21,490 43,557,202
16,078,086 5,830,519 126,276 5,044 20,938,181
4,137,742 19,943,268 1,032,963 16,445 22,619,021
25,381,868 55,246,026 4,570,484 49,255,743 72,988,080
- - - - -
25,381,868 55,246,026 4,570,484 49,255,743 72,988,080
- - - - -
4,822,099 3,938,368 320,239 - -
- - -
4,822,099 - - - -
180,332,951
402,577
1,013,936 - - - 506,968
- 80,609,839 26,927,617 92,637,067 120,423,818
- - - - -
- 13,638,639 1,728,075 11,315,918 14,225,751
- 64,289,679 24,829,629 79,005,256 103,286,644
- 160,000 - 2,018,878 1,392,271
- - - - -
- - - - -
- 2,053,334 369,913 297,015 1,472,333
- - - - -
4,754,588 3,459,512 397,703 15,634,693 21,890,674
- -
- - - -
189,541 - - 299,088
332,916 - - 289,547
4,754,588 2,937,055 397,703 15,634,693 21,368,218
9,066,105 23,088,183 114,903,824 1,021,375
144,245,411
125.02%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 233
Page 236
Risk Management
Consolidated NSFR Analysis Liquidity risk management is carried out by reporting
the results of monitoring of Early Warning Indicators
Consolidated Analysis and Liquidity Risk Limits on a daily basis. The Bank also
The Bank’s consolidated NSFR as of the end of quarter regularly reports on the condition and development of
IV/2025 was 122.96 decrased by 2.06% compared to liquidity key risk indicators in ALCO Committee and Risk
the end of quarter IV/2024, which was 125.02%. Lower Management Committee (KMR) Meetings.
NSFR was due to decrease in ASF by IDR 4.78 trillion,
while RFS decreased by IDR 1.47 trillion. The Risk Management Directorate, through the Market
and Liquidity Risk Management Unit, monitors liquidity
The largest portion of ASF comes from capital risk indicators, funding sources, results, and liquidity
amounting to 37.31%, corporate customers, amounting position. This includes interest rate-setting strategies
to 35.81%, and savings originating from individual and changes in customer behavior, including changes in
customers and micro and small business customers the structure and volatility of funding sources. For each
amounting to 26.88%. exceedance or certain risk event, SKMR communicates
and requests follow-up from the relevant business
Meanwhile, the largest composition of ASF based on the unit, including forwarding the problem to higher
remaining term came from funding without a term of management. The information system currently used
49.01%, a tenor of <6 months of 25.99%, and a tenor of can provide information about liquidity conditions on a
≥ 1 year of 22.70% of the total ASF. daily basis for the process of measuring, monitoring, and
controlling liquidity risk.
The largest portion of RSF is in the form of loans in the
current and special attention category (performing) Internal Control System for Liquidity Risk
amounting to 78.24% and other assets amounting Monitoring of liquidity risk is carried out by ALCO
to 20.10% of the total RSF. Meanwhile, the RSF and the Risk Management Committee. Liquidity
composition based on the largest remaining term is risk management is also carried out by preparing a
assets with a tenor of ≥ 1-year amounting to 64.33% contingency funding plan in anticipation of poor liquidity
and a tenor < 6 months amounting to 19.38% of the conditions.
total RSF.
The Internal Control System has effectively supported
Both the Bank and its subsidiaries always monitor and the implementation of Liquidity Risk Management.
maintain compliance with the NSFR and include aspects Internal Audit has also carried out regular audits on the
of funding sources and tenors in determining the Bank’s adequacy of applicable policies, procedures, transaction
funding strategy. limits, and tolerances, as well as compliance from each
related party in accordance with those stipulated in the
Bank’s audit plan.
Head of Risk Management
Market & Liquidity Risk Management Head
Market & Liquidity Risk Market & Liquidity Risk Market & Liquidity Risk
Development Analytics & Reporting Monitoring
234 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 237
Policies in the Field of Funding Strategy Adequacy of Policies, Procedures, and Limit
In anticipating potential liquidity pressures that may Determination
occur, the Bank and Subsidiaries have prepared The ORM work unit is responsible for creating and
adequate funding strategies and liquidity reserves. This developing policies on Operational Risk Management,
policy is adjusted to operational needs and liquidity Business Continuity Management, Insurance
profiles so that it always meets relevant regulations. Management, Third Party Risk Management, Internal
Control over Financial Information and/or Financial
SMBC Indonesia Rupiah and Foreign Currency Reports and Governance & Data Management and
Contractual Maturity Profile procedures including the Internal Control and Risk
The maturity profile is projected over the remaining Function (ICR) which will then be reviewed periodically,
term based on the contractual dates of specific assets taking into account any significant changes, both
and liabilities. Historically, the majority of deposits internally and externally. Each work unit is required to
are rolled over at maturity, which is influenced by adhere to the policies and procedures created by the
customer behavior and the level of trust in the Bank and ORM Work Unit in carrying out its daily business and
Subsidiaries. To manage liquidity risk in these conditions, operational activities.
the Bank and Subsidiaries determine appropriate
strategies and the amount of cash and liquid assets that The Bank also has control systems and methods to
need to be owned, which can be liquidated or used as carry out every business and operational activity, such
collateral if there is an urgent need for liquidity. as dual control, separation of duties, determination of
limits and authority, implementation of mandatory
Liquidity Risk Measurement and Control and Stress annual leave, reconciliation processes, and others.
Testing
The Bank measures and monitors liquidity risk indicators Adequacy of Operational Risk Management Process
to identify potential liquidity problems through Early The operational risk management process, which
Warning Indicators (EWI), which monitor roll-over levels, includes identifying, measuring, monitoring, and
funding concentration, Bank public ratings, money controlling risks, runs in a structured and consistent
market liquidity levels, and fulfillment of regulatory manner. The Bank’s Operational Risk Management
ratio obligations. The Bank also structurally measures process is implemented based on effective best
liquidity risk using the AL and RIM adequacy ratios as practices.
well as calculating outflow funds and conducting stress
testing. The stages of the operational risk management process,
which include identification, measurement, monitoring,
D. Operational Risk and control of operational risks, are as follows:
Operational risk is defined as the risk resulting from 1. Operational risk identification stages include
inadequate or non-functioning internal processes, the preparation of Process Risk Control (PRC),
human error, system failure, or external events that Risk Grading Matrix (RGM), operational risk and
affect the Bank’s operational activities. fraud studies carried out on all processes,
products, services, systems, initiatives, and new
Operational Risk Management Governance organizational structures or changes thereto, and
The Board of Commissioners and the Board of Directors the determination of parameters Key Risk Indicator
actively oversee operational risk management. (KRI) and Risk Acceptance (RA) reporting.
The Board of Commissioners conducts oversight 2. The operational risk measurement stages
through the Risk Monitoring Committee, and the include analysis of operational risk events and
Board of Directors conducts oversight through the losses, periodic self-assessment activities on the
Risk Management Committee and the Non-Financial effectiveness of control adequacy through Key
Risk Management Committee. Monitoring is carried Control Self Assessment (KCSA), implementation
out periodically according to the respective terms of of Internal Control & Risk (ICR) Function activities,
reference to discuss operational risks. determination of KRI thresholds and determination
of Non Financial Risk (NFR) Appetite which
The Operational Risk Management (ORM) Work Unit are reported periodically in Risk Management
at the Division level within the Risk Management Committee (RMC) and Non Financial Risk
Directorate is responsible for implementing Operational Management Committee meetings.
Risk Management at the Bank, with the Division Head
reporting directly to the Head of Risk Management.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 235
Page 238
Risk Management
3. Operational risk monitoring stages are carried out Internal Control System for Operational Risk
through internal reporting to senior management Internal control over operational risk is implemented
and to external regulators and other related parties, through the implementation of a three-lines-of-defense
either routinely or ad hoc. This stage also regulates model. In the first line of defense, the Risk Taking Unit
the process of reporting events with significant (RTU) is assisted by Business Risk/ICR in carrying
categories through SINP (Significant Incident out day-to-day operational risk management. In the
Notification Protocol). second line of defense, the ORM work unit is tasked
4. Operational risk control stages include the with overseeing the implementation of operational risk
availability of policies and procedures in carrying management processes in accordance with established
out all processes and activities, completion policies.
of effective follow-up on every risk event or
operational risk problem, availability of adequate In the third line of defense, Internal Audit independently
insurance programs to minimize the impact of conducts audits and evaluations of the governance
Bank losses, availability of frameworks and tools for and effectiveness of operational risk management. The
implementing Comprehensive Business Continuity implementation of the duties and responsibilities of the
Management (BCM), and the availability of meeting parties involved in the Bank’s internal control system
forums and training needed to implement the is carried out on an ongoing basis, and the results
Bank’s operational risk management. will be assessed through the ICR MSA (Maturity Self
Assessment) work tool. Availability of meeting forums
Provision of the Internal Control & Risk System (ICRS) held by the ORM work unit to continuously provide
application as a database in the implementation of understanding and training for the implementation of
operational and fraud risk management is also expected the internal control system in all work units.
to be able to present information needs accurately,
timely, and up-to-date to facilitate analysis and Fraud Risk Management
decision-making. The Bank applies zero tolerance to every incident
of fraud. The Bank always follows up on every fraud
The calculation of the Capital Adequacy Ratio (CAR) incident, including providing sanctions to employees
for operational risks carried out by the Bank uses a who commit or are involved in fraud incidents in
standardized approach, the process and reporting of accordance with applicable regulations, including
which refer to regulatory provisions. reporting to the authorities (if necessary).
The Bank and Subsidiaries have comprehensive The Bank has adequate anti-fraud strategy policies
business continuity management guidelines that refer and procedures that are continually being refined. In
to the ISO 22301 industry standard, with the aim of accordance with POJK No. 12 of 2024, which requires
anticipating potential operational risks that can occur the anti-fraud function to be accountable to the board
from extreme/critical situations, whether caused of directors, the Bank established the Anti-Financial
by natural disasters such as floods, earthquakes, Crime (AFC) Division in July 2025, which is within the
and volcanic eruptions or other factors such as Compliance & Legal Directorate. The AFC Division
demonstrations, fires, disruption of the electricity ensures the creation and development of adequate
supply system, pandemics, and unfavorable business anti-fraud strategy policies and procedures and is
situations. This is to ensure continuity of service to continuously improved. Going forward, the AFC Division
customers. will coordinate with related work units in managing
9 types of financial crime risks: fraud, anti-money
laundering, anti-bribery & corruption, insider trading,
cybercrime, conduct, green financial crime, tax evasion,
and market manipulation. In terms of fraud risk
management, the Bank has implemented systematic
management through a number of processes and
strategies.
236 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 239
Regarding fraud risk prevention, the Bank has implemented an anti-fraud awareness program for all employees
and signed an integrity pact and code of ethics by the Board of Directors, Board of Commissioners, and all Bank
employees. Adjustments to anti-fraud strategy management policies and procedures are carried out periodically so
that they remain in line with current conditions. In addition, a fraud risk review is carried out for every product, service,
process, system, and initiative, both new and developed.
Anti-fraud awareness socialization to internal parties is carried out through several media, namely through
e-newsletter broadcast, email broadcast, PC/laptop desktop wallpaper, SMBC Indonesia Info, showing anti fraud
animated videos, mandatory anti-fraud e-learning, in-class and virtual training for employees.
The Bank also provides various socialization to increase fraud awareness to third parties, both customers and vendors
who collaborate with the Bank, including conducting virtual training on anti-fraud and Entertainment & Gifts to vendors
on a regular basis to help the Bank in maintaining good corporate governance.
In line with the applicable anti-fraud strategy, the Bank also continues to socialize fraud reporting through the
whistleblowing channel as one of the mediums for detecting fraud incidents, which is regularly communicated to all
employees through various internal Bank media. Employees can disclose and report any misconduct via email (Ayo
Lapor), WhatsApp, letter, or face-to-face meetings.
The Bank has adequate procedures in place for the investigation and reporting of fraud incidents. For each proven
fraud case, sanctions are determined by the Fraud Committee, involving relevant work units, the Human Resources
unit, and the Anti-Financial Crime (AFC). Implementation of the Fraud Committee’s decisions is monitored and
evaluated periodically to determine future improvement efforts.
Operational Risk Calculation
Quantitative Operational Risk Disclosure
Bank Only
(In million Rupiah)
31 December 2025 31 December 2024
No Approach Used Gross Income Gross Income
Capital Capital
(average 3 ATMR (average 3 ATMR
Charge Charge
years) years)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Standard Approach 839,546 839,546 10,494,328 839,321 839,321 10,491,516
Total 839,546 839,546 10,494,328 839,321 839,321 10,491,516
Quantitative Operational Risk Disclosure
Consolidated Bank with Subsidiaries
(In million Rupiah)
31 December 2025 31 December 2024
No Approach Used Gross Income Gross Income
Capital Capital
(average 3 ATMR (average 3 ATMR
Charge Charge
years) years)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Standard Approach 900,340 900,340 11,254,250 858,358 858,358 10,729,480
Total 900,340 900,340 11,254,250 858,358 858,358 10,729,480
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 237
Page 240
Risk Management
Historical Loss Data Report
Bank Only
Business Indicator Average
No T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
Component (BIC) 10 Years
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss 11,973,90 7,752.88 0.00 8,203.62 5,535.70 17,509.55 17,250.26 3,000.33 14,075.17 6,229.68 9,153.11
after calculating the
recovery value (without
exception)
2 Total occurrence of 6.00 9.00 0.00 9.00 7.00 12.00 4.00 7.00 9.00 5.00 6.80
operational risk loss
3 Total excluded 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
operational risk loss
4 Total occurrence of 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
excluded operational
risk loss
5 Total net operating 1,1973.90 7,752.88 0.00 8,203.62 5,535.70 17,509.55 17,250.26 3,000.33 14,075.17 6,229.68 9,153.11
loss after calculating
the recovery value and
excluded operational
risk losses
Minimum limit of an operational loss event of Rp1,500,000,000.00 (one billion Rupiahs) or more
6 Total net operating loss
after calculating the
recovery value (without
exception)
7 Total occurrence of
operational risk loss
8 Total excluded
operational risk loss
9 Total occurrence of
excluded operational
risk loss
10 Total net operating
loss after calculating
the recovery value and
excluded operational
risk losses
Details of capital calculation for operational risks
11 Are losses used in Y
calculating the Internal
Loss Multiplier (ILM)?
(Yes/No)
12 If line 11 answer is
‘No’, is the internal loss
data not use because
of a discrepancy of the
minimum standards for
loss data? (Yes/No)
13 Threshold used in 300,000,000.00
calculating capital for
operational risks (in
Rupiah full amount)
14 Other information
(if any
238 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 241
Historical Loss Data Report
Consolidated Bank with Subsidiaries
Business Indicator Average
No T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
Component (BIC) 10 Years
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss 12,421.89 7,752.88 0.00 8,203.62 6,352.70 2,0952.55 17,879.26 3,000.33 14,075.17 6,450.68 9,708.91
after calculating the
recovery value (without
exception)
2 Total occurrence of 7.00 9.00 0.00 9.00 9.00 16.00 5.00 7.00 9.00 6.00 7.70
operational risk loss
3 Total excluded 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
operational risk loss
4 Total occurrence of 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
excluded operational
risk loss
5 Total net operating 12,421.89 7,752.88 0.00 8,203.62 6,352.70 20,952.55 17,879.26 3,000.33 14,075.17 6,450.68 9,708.91
loss after calculating
the recovery value and
excluded operational
risk losses
Minimum limit of an operational loss event of Rp1,500,000,000.00 (one billion Rupiahs) or more
6 Total net operating loss
after calculating the
recovery value (without
exception)
7 Total occurrence of
operational risk loss
8 Total excluded
operational risk loss
9 Total occurrence of
excluded operational
risk loss
10 Total net operating
loss after calculating
the recovery value and
excluded operational
risk losses
Details of capital calculation for operational risks
11 Are losses used in Y
calculating the Internal
Loss Multiplier (ILM)?
(Yes/No)
12 If line 11 answer is
‘No’, is the internal loss
data not use because
of a discrepancy of the
minimum standards for
loss data? (Yes/No)
13 Threshold used in 300,000,000.00
calculating capital for
operational risks (in
Rupiah full amount)
14 Other information
(if any
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 239
Page 242
Risk Management
Detailed Business Indicator Report - Bank Only
No Business Indicator (BI) and component BI T T-1 T-2
1 Interest, Rent and Dividend Components 4,797,169.34
2 Interest Income 17,092,616.54 17,122,073.13 15,927,827.24
3 Interest Expense 10,663,096.80 11,207,456.01 10,116,921.64
4 Earning Assets 206,270,098.27 185,134,522.26 192,461,754.89
5 Dividend Income 422,705.94 498,815.29 332,993.33
6 Services Components 1,341,780.51
7 Fees and Commission Income 1,033,350.91 822,113.37 801,571.39
8 Fees and Commission Expenses 327,083.61 104,654.94 59,689.33
9 Other Operating Income 274,561.41 196,649.52 897,094.93
10 Other Operating Expenses 405,209.82 349,171.18 306,305.13
11 Financial Components (KK) 857,268.84
12 Net Profit Loss Trading Book 29,673.01 (228,961.29) 218,426.41
13 Net Profit Loss Banking Book 557,140.87 938,739.70 598,865.23
14 Business Indicator (BI) 6,996,218.69
15 Business Indicator Components (KIB) 839,546.24
16 Business Indicator Disclosure
17 Total BI including divested activities 6,996,218.69
18 BI reduction due to the exclusion of divested activities 0.00
19 Additional information
Detailed Report on Business Indicators - Consolidated Bank with Subsidiaries
No Business Indicator (BI) and component BI T T-1 T-2
1 Interest, Rent and Dividend Components 4,993,762.59
2 Interest Income 26,444,134.96 22,870,417.41 21,305,383.60
3 Interest Expense 12,668,264.72 11,883,885.98 10,643,253.80
4 Earning Assets 246,431,887.72 206,492,383.25 212,910,543.69
5 Dividend Income 2.83 0.72 0.90
6 Services Components 1,662,526.02
7 Fees and Commission Income 1,328,667.56 823,452.99 802,922.56
8 Fees and Commission Expenses 327,122.22 104,697.63 59,692.83
9 Other Operating Income 817,587.36 256,995.50 957,952.08
10 Other Operating Expenses 570,735.01 390,740.04 372,568.33
11 Financial Components (KK) 846,545.07
12 Net Profit Loss Trading Book (1,258.33) (228,961.29) 218,426.41
13 Net Profit Loss Banking Book 549,556.24 938,739.70 602,693.23
14 Business Indicator (BI) 7,502,833.68
15 Business Indicator Components (KIB) 900,340.04
16 Business Indicator Disclosure
17 Total BI including divested activities 7,502,833.68
18 BI reduction due to the exclusion of divested activities 0.00
19 Additional information
Operational Risk RWA Calculation Report using the standard
Bank Only
No Description T
1 Business Indicator Components (BIC) 839,546.24
2 Internal Loss Multiplier Factor (ILM) 1,000,000.00
3 Operational Risk Minimum Capital (ORC) 839,546.24
4 RWA for Operational Risks 10,494,328.00
240 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 243
Operational Risk RWA Calculation Report using the standard approach
Consolidated Bank with Subsidiaries
No Description T
1 Business Indicator Components (BIC) 900,340.04
2 Internal Loss Multiplier Factor (ILM) 1,000,000.00
3 Operational Risk Minimum Capital (ORC) 900,340.04
4 RWA for Operational Risks 11,254,250.50
The Risk Management Implementation Report of cyber security risk management policies and
for Operational Risk can be seen on page 424 in procedures, the implementation of which is carried
accordance with SEOJK Number 6/SEOJK.03/2020 out through periodic reviews, so that any necessary
concerning the Calculation of Risk-Weighted Assets changes can be included in the policy. In addition, the
for Operational Risk Using the Standard Approach for CSRM work unit also reviews the adequacy of IT-related
Commercial Banks. policies and procedures to ensure the conformity of the
1. Operational Risk Management Implementation provisions contained in these policies and procedures
Report (Individual) - Attached file with the risk management implementation process that
2. Operational Risk Management Implementation applies at the Bank.
Report (Consolidated) - Attached file
Each work unit is required to be guided by policies
Information Technology and Cyber Security Risks and procedures related to cyber security as well as IT
Risks of using Information Technology (IT) and risks related policies and procedures in carrying out its daily
related to Cyber Security may occur as a result of operational activities.
IT failures or cyber attacks. The Bank’s IT use risk
management process and Cyber Security risks The IT and Cyber Security risk management process
(including Information Security risk management) are includes identifying, measuring, monitoring, and
coordinated and managed by the Cyber Security Risk controlling risks that run in a structured and consistent
Management (CSRM) unit, which has a direct reporting manner.
line to the Head of Risk Management.
The stages of the IT risk management process include
In addition, there is active supervision of the risks of the implementation of identification, measurement,
IT use and cyber security carried out by the Board of monitoring, and control processes for IT risks, including:
Commissioners and the Board of Directors at every 1. Identification of IT Operational Risks carried
stage of use, management of IT resources, and Bank out on IT processes/products/services through
Sensitive Information. The process is carried out through implementing the process of determining the level
regular updates and reports submitted by the CSRM of IT operational risk, risk registration, carrying
team regarding the current conditions of risks in the use out Risk Studies and soon. This risk identification
of IT and the Bank’s cyber security. process is also equipped with the application of risk
management tools such as asset registers, Risk
Currently, the Bank has an IT Usage Policy and a Grading Matrix (RGM), Process Risk Control (PRC),
Cybersecurity & Information Risk Management Policy, Key Risk Indicators (KRI), Operational Risk Review
which outline the Bank’s cybersecurity implementation (KRO), and Risk Acceptance.
framework and standards. The Bank has also formulated 2. IT Operational Risk Measurement includes
and established a risk profile and level related to IT implementing IT Operational risk measurements
management. The Bank’s cybersecurity risk profile by considering risk rankings, measuring
and level have been formulated and established performance and capacity planning for systems
since 2024. Monitoring of this risk profile and level and infrastructure, measuring information security
is carried out through risk management tools such risks using predetermined criteria and rankings,
as Risk Appetite and KRI. Bank has also established and carrying out measurements of any losses that
a strategy for implementing cyber and information occur (loss events). The implementation of the IT
security risk management since 2024 in line with the Operational Risk measurement process is carried
Bank’s business strategy and the applicable framework out by utilizing risk management tools such as Key
outlined in the Cyber Security Roadmap, with periodic Control Self-Assessment (KCSA), inspection by
reviews conducted in annually basis. Internal Control & Risk (ICR), KRI, and Operational
Risk Appetite (ORA) measurements, which are
The CSRM work unit is responsible for creating, reported to the Risk Management Committee
developing, and implementing reviews and updates Meeting (RMC).
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 241
Page 244
Risk Management
3. IT Operational Risk Monitoring is carried out through Internal control over IT risks and Cyber security is
monitoring follow-up plans for improvements, carried out through the implementation of the 3 (three)
clarity of accountability and responsibility, as well lines of defense model. In the first line of defense, the
as periodic reporting carried out by utilizing work Risk Taking Unit (RTU) is assisted by Business Risk
tools such as a risk management system (Internal (ICR Function) in carrying out daily operational risk
Control & Risk System (ICRS)) as well as through management. In the second line of defense, the CSRM
incident reporting by significant category through work unit is tasked with supervising the implementation
SINP (Significant Incident Notification Protocol). of the risk management process in accordance with
established policies. In the third line of defense, Internal
4. IT Risk Control, including the implementation Audit is independently responsible for ensuring that the
of evaluation and testing of the DRP (Disaster remaining risks (residual risks) are still within limits that
Recovery Plan), implementation of the IT Internal can be tolerated by the Bank.
Audit function by Internal Audit and external
auditors as needed, implementation of quality Alignment of work between the parties responsible for
assurance and self-assessment processes on the Bank’s internal control practices is carried out on
an ongoing basis, and submission of reporting an ongoing basis through standardized ICR maturity
obligations on time and accurate to the OJK, guided self-assessment and forums organized by the CSRM
by the latest regulations. work unit to facilitate the Internal Control & Risk function
as well as through the implementation of the Bank’s
Meanwhile, the stages of the Cybersecurity risk inherent risk assessment and also the level of cyber
management process include the implementation security risk maturity related to the Bank’s cyber
of governance, identification, protection, detection, security risk management.
response and reporting, and recovery processes.
Implementation can be done through the establishment E. Legal Risk
and implementation as well as periodic review of the Legal risk is a risk that occurs due to lawsuits and/or
Bank’s cybersecurity risk management framework, weaknesses in juridical aspects. The management aims
policies, and strategies that are adjusted to applicable at ensuring that the legal risk management process
regulations and the Bank’s business needs, the can minimize the possibilities of negative impact from
application of cybersecurity standards and controls, judicial weakness, absence, and/or changes in the laws
the implementation of reviews of initiatives, product and regulations, as well as in the litigation process.
programs, and plans for the use and development
of information technology, the implementation of Legal Risk Management Framework
measurement and assessment processes for the The Legal and Litigation Division reports directly to the
level of inherent risks related to cybersecurity, and Compliance Director, as an independent Director, As
monitoring of risk appetite and risk tolerance related to such, it does not oversee business & operating units,
cybersecurity. treasury, finance, Internal Audit and others. Therefore,
the Legal and Litigation Division provides legal opinions
In addition, the Bank also implements cyber security independently with due consideration to the applicable
maturity assessments and the level of bank risk laws and regulations in Indonesia without being
related to cyber security on a regular basis, as well as influenced by other work units.
reporting the results of implementing cyber security risk
management and cyber security incidents that occur The Legal and Litigation Division also provides legal
to interested parties such as regulators, groups, etc. in services, both written and/or verbal, in the form of
accordance with applicable regulations. To strengthen its legal opinions, review of legal documents, drafting
response capability to potential cyber security incidents legal documents, legal information research, and legal
that may occur, the Bank also carries out scenario- assistance. In addition, providing legal assistance in
based cyber security testing, which is carried out litigation and/or resolving legal disputes using the
periodically, at least once a year, using scenarios that Alternative Dispute Resolution (ADR) mechanism.
are relevant to the cyber security threats that occur.
The Bank has also implemented and obtained the
ISO/IEC 27001:2022 information security certification
standard covering the Bank’s main payment system to
improve the Bank’s security standards and in order to
minimize risks related to information security that may
occur at the Bank.
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Legal Risk Management Organizational Structure
Compliance Director
General Counsel
Legal Legal
Transaction Function Function
Litigation Head Legal Head
Legal in Business in Retail
Banking Banking
Sr. Legal Legal Policy &
Litigation Sr. Litigation Legal Counsel
Counsel Support
Adequacy of Policies, Procedures, and Limit Setting Internal Control System on Legal Risk
The Legal and Litigation Division has policies, A comprehensive internal control system in the risk
procedures, and authority limits for its work functions to management process is carried out through active
guide it in the performance of its duties and to ensure supervision of the Board of Directors and the Board of
compliance with applicable regulations. Legal and Commissioners on matters in the Bank through the
Litigation performs legal risk assessments for significant following mechanism:
transactions so that potential legal risks can be 1. Weekly Case Reports to the Compliance Director;
mitigated at the outset of the transaction. This includes, 2. Monthly Regulatory Socialization Report to the
for example, the use of standardized draft agreements. Compliance Director;
3. Monthly Case Reports to the General
Adequacy of Risk Identification, Measurement, Counsel, Director of Compliance, and Board of
Monitoring, and Control Process, and Risk Commissioners through the Commissioners
Management Information Systems Committee;
The Bank ensures the adequacy of risk identification, 4. Quarterly Case Reports to the Board of
measurement, monitoring, and control processes, as Commissioners through the Board of
well as risk management information systems, in order Commissioners Committee;
to avoid potential litigation or claims. The process is 5. Ad-Hoc Report to the Board of Commissioners (if
carried out by a legal risk management organizations in any).
the form of measures to prevent and/or minimize the
possibility of legal risks in the future. Although there are periodic reports, the General Counsel
may at any time provide verbal reports or opinions for
The legal risk management process is carried out emergency decision-making. The opinion or report must
through the following process: be coordinated first by the Compliance Director.
1. Formulation of policies and/or prior to the execution
of a transaction/commitment until resolution of F. Strategic Risk
legal issues that arise. Strategic risk is a risk resulting from inaccurate decision-
2. Conducting a review of the legal aspects of a making and/or implementation of a strategic decision
product and/or the implementation of a transaction as well as failure to anticipate changes in the business
or banking service. environment, inability to implement a strategic decision,
3. Manage the legal process in a professional manner, or a combination of these things. This risk also includes
taking into account potential losses. the Bank’s ability to create competitive advantages
amidst increasingly tight banking competition. Inability
to face these business challenges, which continue to
change from time to time, will result in failure to achieve
the goals that have been set.
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Risk Management
Strategic Risk Management Framework Meanwhile, strategic risk procedures are related to
The Strategic Risk Work Unit plays a role in strategic determining procedures and limits based on the policies
risk management and is under the active supervision of implemented. The strategic risk limits set may include
the Board of Directors and Board of Commisioners. The risks resulting from variances from the strategic plan
strategic risk working group covers all business lines due to deviations in the budget and target completion
and supporting units that collaborate with the Investor time.
Relations Division of the Finance Directorate in analyzing
and monitoring strategic risks. Adequacy of Risk Identification, Measurement,
Monitoring, and Control Processes, as well as Risk
The future growth of the Bank’s business is closely Management Information Systems
related to the strategic decision-making carried out Identification of strategic risks is the result of a study
by the Bank. Therefore, the Bank always strives to of the characteristics of these risks. In the identification
improve the quality of strategic risk management process, the Bank always records and organizes
so that risks arising from inaccuracy in making and all strategic risk data and potential losses due to
implementing strategic decisions, as well as failure to unrealized or ineffective implementation of the business
anticipate changes in the business environment, can be strategy or business plan that has been determined,
minimized or avoided. Moreover, the situation will remain especially those that have a significant impact on the
challenging in the coming year due to global uncertainty Bank’s capital. The Bank’s strategic risk management
arising from international trade policies, interest rate information system includes the following activities:
trends, and geopolitical conflicts that trigger economic 1. Present information needs accurately, timely, and
volatility. up-to-date.
2. Support management functions to facilitate the
The Bank always reviews emerging strategic issues planning and decision-making process.
that have a negative impact on the Bank’s business 3. Fulfill data availability according to the Bank’s
or financial conditions by considering competitive business plan.
advantages, competitiveness factors, market conditions, 4. Support the implementation of an audit trail of
regulations, and the business environment. All strategy strategic risk event data in terms of management
implementations are developed periodically after and reporting, as well as documenting each
evaluation and adjustment. strategic risk event for potential loss projections for
a certain period.
Adequacy of Policies, Procedures, and Limit
Determination Internal Control System for Strategic Risk
The Bank has policies and procedures that regulate the The Bank has an Internal Control System for strategic
process of formulating and preparing a Bank Business risk management that conducts regular monitoring by
Plan, which includes a study of strategic direction and comparing the Bank’s performance and the expected
key activities to support the implementation of the results of the strategies that have been determined
strategy that has been planned. The Strategic Risk both from a quantitative and qualitative perspective.
Management Policy includes: SMBC Indonesia always strives to improve the quality of
1. Policies related to strategic risk as guidelines for the strategic risk management so that risks that arise can
strategic control function. be minimized or avoided.
2. Strategic risk management includes mitigating
possible negative impacts from inaccurate strategic
decision-making and failure to anticipate changes
in the business environment.
3. General audit policy as a guideline for Bank Internal
Audit.
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G. Compliance Risk
Compliance risk is the risk that arises due to the Bank not complying with and/or not implementing laws and
regulations and provisions.
Compliance Risk Management Framework
The Organizational Structure of Compliance Risk Management in the Bank is as follows:
Compliance Director
Compliance Head
Compliance Advisory Compliance Advisory Compliance & Regulatory Reporting & Integrated Compliance &
Corporate Retail Group Reporting Relations Policy
The Bank has compliance policies and procedures the Board of Directors meeting with the Board of
that are the basic infrastructure in implementing Commissioners forum (quarterly) , as well as at the
the Compliance Function governance. Reviews and Audit Committee meeting (semi-annually)..
improvements to the Bank’s compliance policies are
carried out on an ongoing basis, including in line with The Board of Directors and Board of Commissioners
the issuance of new regulations from the Financial have also approved the Compliance Policy which
Services Authority (OJK), Bank Indonesia (BI), the is one of the basic infrastructures in implementing
Deposit Insurance Corporation (LPS), and the Indonesian the Compliance Function governance and is used
Payment System Association (ASPI), and other statutory as one of the guidelines in implementing the Bank’s
provisions, as well as provisions from Sumitomo Compliance Function. In compliance with POJK No.46/
Mitsui Banking Corporation Group (SMBC Group) as POJK.03/2017 concerning the Implementation of the
the majority shareholder as well as the Controlling Compliance Function of Commercial Banks, the Board
Shareholder of the Bank. of Commissioners carries out active supervision of the
Compliance Function through carrying out evaluations
The Board of Directors and Board of Commissioners of the implementation of the Bank’s Compliance
always carry out active supervision of the Function, which is carried out at least twice a year, and
implementation of the Compliance Function, including provides suggestions/recommendations to improve
through the following activities: the quality of implementation of the Bank’s Compliance
1. Report on the implementation of the duties and Function.
responsibilities of the Compliance Unit to the
Compliance Director (monthly) Adequacy of Policies, Procedures, and Limit
2. Report on the implementation of the duties and Determination
responsibilities of the Compliance Director to the The Bank has compliance policies and procedures
President Director with a copy to the Board of that are the basic infrastructure in implementing
Commissioners (quarterly) the Compliance Function governance. This policy
3. Report on the implementation of the duties becomes a guideline in implementing the Bank’s
and responsibilities of the Compliance Director Compliance Function. On an ongoing basis, reviews
submitted to the Financial Services Authority (OJK) and improvements are carried out on the Compliance
with a copy to the President Director and Board of Policy and Procedure in question to ensure compliance
Commissioners (semi-annually) with applicable regulations, including in line with the
4. Report on the results of the Compliance Risk issuance of new regulations from the Financial Services
assessment of inherent risks and the quality of Authority (OJK), Bank Indonesia (BI), the Deposit
implementation of compliance risk management Insurance Corporation (LPS), and the Payment Systems
in Bank operations submitted to the Risk Association. Indonesia (ASPI), and other statutory
Management Unit (quarterly); provisions, as well as provisions from Sumitomo Mitsui
5. Report on the results of Compliance Risk monitoring Banking Corporation Group (SMBC Group) as the
to the Board of Directors at the Board of Directors majority shareholder and the Controlling Shareholder of
Meeting and to the Board of Commissioners at the Bank.
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Risk Management
Optimizing the implementation of the Compliance the activities of the Compliance Division and the
Function in business/support lines by strengthening the AML & CFT Division in carrying out the process
Internal Control Risk (ICR) function to implement internal of monitoring the implementation of branch
control over risks in each business/support line, through compliance.
activities including: 4. The process of controlling compliance risk is carried
• Monitoring risk parameters through Key Risk out through, among other things, periodic reviews
Indicators (KRI) on a monthly basis, of compliance policies and procedures and also
• Publishing a Compliance Risk Appetite Framework carrying out follow-up actions on the results of
(CRAF) that is reviewed periodically, and external and internal inspections.
• Monitoring reporting obligations to Regulators and 5. Periodically and continuously, reports on the
fulfilling follow-up actions on OJK and/or BI audit implementation of the Bank’s Compliance Function
findings according to agreed timeframes through are submitted to the President Director with a copy
the Operational System for Compliance Reporting to the Board of Commissioners. In addition, reports
(OSCAR). are also reported at Board of Directors meetings,
meetings between the Board of Directors and the
Adequacy of Risk Identification, Measurement, Board of Commissioners, and Audit Committee
Monitoring, and Control Processes, as well as Risk meetings.
Management Information Systems
Compliance risk management is carried out through Internal Control System for Compliance Risk
the process of identifying, measuring, monitoring, and The Bank has an adequate Internal Control System to
controlling risks in accordance with the implementation ensure compliance with OJK, BI, LPS, and ASPI provisions
of risk management in order to ensure the Bank’s as well as other laws and regulations. The Bank’s Internal
compliance with applicable laws and regulations, Control System uses a 3 (three) lines of defense model,
namely as follows: consisting of Business work units and supporting
1. The compliance risk identification process is carried functions as Risk Taking Units and assisted by Business
out, among other things, through compliance Risk/Internal Control & Risk (ICR) as coordinator in risk
testing of policies, product programs, and planned management compliance as the first line of defense.
corporate actions, including transactions that must
obtain approval from the Credit Committee. The second line of defense is the Risk Management
2. The compliance risk measurement process Directorate, Compliance and Legal Directorate, Finance
is conducted through a self-assessment of Directorate and Human Resources Directorate. The
compliance risk as part of the Bank’s risk profile Compliance Division, as part of the second line of
development. This activity is conducted periodically defense, plays a role in developing compliance related
using a risk-based approach (Risk-Based Bank frameworks and policies, and the Internal Audit Unit
Rating). In addition, a Compliance Self Assessment (SKAI), as the third line of defense, works independently
(CSA) is conducted on a semi annual basis to ensure in assessing the effectiveness of compliance risk
that the Bank’s policies, systems, procedures, and management..
business activities comply with the provisions
of the Financial Services Authority (OJK), Bank The Internal Audit Work Unit (SKAI) carries out regular
Indonesia (BI), Deposit Insurance Corporation (LPS), checks on the adequacy of the compliance risk
and the Indonesian Financial Services Authority management process and compliance of each related
(ASPI), as well as applicable laws and regulations. party in accordance with the established Audit Plan.
As a subsidiary of the SMBC Group, periodic
risk measurement is also conducted through a In order to develop internal control over Compliance
Compliance Risk Assessment (CRA) based on SMBC Risk, compliance processes have also been improved,
provisions and other relevant laws and regulations. including by strengthening the supporting infrastructure
3. The compliance risk monitoring process is for the implementation of the Compliance Function
conducted, inter alia, through a review of the in the Compliance Division in the form of a special
alignment of Bank policies with prevailing monitoring system through the Operational System for
regulations, fulfillment of prudential ratios, Compliance Reporting (OSCAR) toward the fulfillment
submission of reports to OJK, BI, LPS, and other of follow-up to OJK, BI, LPS, and ASPI regulations,
authorize authorities, as well as the follow-up compliance with Regulatory inspection findings, and
on findings from regulators (including OJK and others. The system is also continuously adjusted
BI). In addition, a Compliance On-site Review and developed to remain relevant and in line with
(Branch Review) was also carried out by the organizational needs.
AML Compliance Champion (ACC), as part of
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Integrated Compliance Risk Management Oversight Function of the Board of Directors and
Framework Board of Commissioners of PIKK
Based on Letter from the Financial Services Authority The Board of Directors and Board of Commissioners
No. SR-11/KS.13/2025 dated 8 July 2025, concerning continuously perform active oversight of the
the Submission of the Approval Decision of PT Bank implementation of the Integrated Compliance Function,
SMBC Indonesia Tbk as the Operational Financial including through the following activities:
Conglomerate Holding Company (PIKK) for the SMBC 1. Reporting on the implementation of the duties
Financial Conglomerate (KK), Bank SMBC Indonesia has and responsibilities of the Integrated Compliance
become the PIKK of the SMBC Financial Conglomerate, Unit to the Compliance Director of the Financial
which includes BTPN Syariah (BTPNS), Oto Multiartha Conglomerate Holding Company or PIKK (semi-
(OTO), Summit Oto Finance (SOF), and BTPN Syariah annually).
Ventura (BTPNS Ventura). 2. Reporting on the implementation of the duties and
responsibilities of the PIKK Compliance Director to
The Integrated Compliance Risk Management process the Board of Directors and Board of Commissioners
is coordinated by the Integrated Compliance Function of PIKK (semi-annually). Both reports are submitted
of the PIKK Compliance Division, with the following to the Corporate Secretary Division as material for
organizational structure: the preparation of the Integrated Governance Self-
Assessment, which is submitted to the Financial
Services Authority (OJK) each semester in order
to implement POJK 18/POJK.03/2014 concerning
the Implementation of Integrated Governance for
Financial Conglomerates.
3. The Integrated Compliance Risk assessment report
on inherent risks and the quality of compliance risk
management implementation is prepared by the
Risk Management Unit based on the submission of
each Compliance Risk assessment result from both
the PIKK Compliance Division and members of the
Financial Conglomerate (semi-annually).
4. Reporting on Compliance Risk monitoring results,
including Integrated Compliance Risk management,
is one of the discussion agendas in the Integrated
Governance Committee meetings with PIKK and
members of the Conglomerate who carry out
duties and responsibilities in the areas of Integrated
Risk Management and Integrated Governance
(including Integrated Audit and Integrated
Compliance) (semi-annually).
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Risk Management
Adequacy of Policies, Procedures, and Risk Limit Integrated Internal Control System for Compliance
Determination Risk
As a guideline, specifically for Integrated Compliance Bank SMBC Indonesia and the Financial Services
activities, the Bank has an Integrated Compliance Policy Institutions (FSIs) of the Conglomerate have established
No. K.004/DIR/CCMP/00/2025. a robust and adequate internal control system for
• Compliance Risk Governance Compliance Risk, ensuring the Bank’s and the FSIs’
The Board of Commissioners, Directors, and Sharia responsiveness to deviations from generally accepted
Supervisory Board at Bank SMBC Indonesia and standards, regulatory requirements, and applicable laws
the Financial Services Institutions (FSIs) Members and regulations. Internal Audit conducts regular audits of
of the Conglomerate have excellent awareness the adequacy of controls, governance, and Compliance
and understanding of Compliance Risk. The Risk management processes and ensures compliance
Board of Commissioners, Directors, and Sharia by all relevant parties with the established Audit Plan.
Supervisory Board at Bank SMBC Indonesia and Bank SMBC Indonesia and the FSIs of the Conglomerate
the FSI Members of the Conglomerate carry out have established a monitoring mechanism to follow
their duties and responsibilities effectively and up on both internal and external audit findings in
efficiently, including formulating strategies to accordance with the provided commitments.
foster a culture of compliance, ensuring all policies
and procedures comply with applicable laws and Disclosure of Risk Exposures and Implementation of
regulations, minimizing Compliance Risk, and other Risk Management in 2025
measures. Furthermore, in determining policy and In line with the Bank’s commitment to continuously
strategy direction, Bank SMBC Indonesia and the improve its compliance culture across all organizational
FSI Members of the Conglomerate have zero risk lines and business activities, this is reflected in the
tolerance for Compliance Risk, as a compliance Bank’s compliance function achievements, including the
culture must be implemented comprehensively at following:
both Bank SMBC Indonesia and the FSI Members of 1. The Bank’s Risk-Based Bank Rating (RBBR) as of
the Conglomerate. December 2025 is at 2 (Healthy).
2. Compliance with Regulatory Parameters, including:
• Risk Management Framework • Minimum Capital Adequacy Ratio (CAR),
Bank SMBC Indonesia and the Financial Services including the Core Capital Adequacy Ratio, in
Institutions (FSIs) members of the Conglomerate accordance with applicable regulations.
have independent work units or units with authority • No violations or exceedances of the Legal
and responsibility for managing Compliance Lending Limit (BMPK).
Risk, integrated into the effective and efficient • Net NPL below 1%.
implementation of Compliance Risk Management. • Compliance with the Minimum Reserve
The Compliance Work Unit carries out Compliance Requirement (GWM) in both Rupiah and
Functions, including implementing steps to Foreign Currency in accordance with applicable
foster a culture of compliance at every level regulations.
of the organization, ensuring updated policies • Compliance with the Net Open Position (NOP)
and procedures in accordance with regulatory in accordance with applicable regulations.
requirements and prevailing laws and regulations, • Compliance with the Liquidity Coverage Ratio
and so forth. and the Net Stable Funding Ratio in accordance
with applicable regulations.
• Risk Management Process, Management • Compliance with the Leverage Ratio and
Information System, and Human Resources the Macroprudential Inclusive Financing
Bank SMBC Indonesia and the Financial Services Ratio (RPIM) in accordance with applicable
Institutions (FSIs) members of the Conglomerate regulations.
identify, measure, monitor, and control Compliance 3. In connection with Bank SMBC Indonesia’s
Risk parameters effectively and efficiently. designation as a Systemically Important Bank,
Furthermore, Bank SMBC Indonesia and the the Bank’s capital surcharge requirements and
Financial Services Institutions (FSIs) members of the implementation of its Recovery Action Plan
Conglomerate have adequate risk management program have complied with OJK regulations.
information systems that are well-functioning 4. The commitments to the audit findings of the OJK
and adequate to support the implementation and Bank Indonesia have been met within the
of a Compliance Culture and have adequate established timeframe.
human resources, both in terms of quantity and
competence, to support the effectiveness of the
Compliance Risk Management function.
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H. Reputational Risk Adequacy of Risk Identification, Measurement,
Reputational risk is a risk that arise as a result of the Monitoring, Control and Risk Management System
decline in the stakeholders’ trust level that stemmed The reputation risk identification process is performed
from negative perception on the Company. through the preparation of reputational risk assessment
for new products or activities or their development,
Reputational Risk Management Framework as well as corporate actions that will be implemented,
SMBC Indonesia’s reputation is a crucial asset for including material Bank transactions. The reputational
business continuity. Therefore, all communication risk measurement process is carried out through an
activities to external parties, whether involving independent assessment of reputational risk as part of
conventional mass media or social media, that are the Bank’s regular risk profile preparation.
deemed to impact the company’s reputation, need to
be coordinated with Corporate Communications and The reputation risk monitoring process is carried out
Corporate Brand. In addition to delivering messages to through media monitoring on negative issues and
external parties, another parameter that influences the customers’ complaints in the mass media.
bank’s reputation comes from customer complaints
received through the official SMBCI Care channel, There are 2 (two) main parameters in measuring
managed by the Customer Contact Center (CCC) reputation risk, namely (1) negative news and (2)
Division. frequency and time for resolving customer complaints.
Monitoring of these 2 (two) parameters is carried out
One of Corporate Communications’ functions is to continuously so that responses to negative news and
serve as a pillar in managing the Bank’s reputation customer complaints can be managed quickly and
through a series of publication efforts and managing accurately so that it does not have an impact on the
emerging issues in the public. This effort is carried Bank’s reputation. The reputation risk control process
out by effectively and efficiently communicating implemented, among other things, through Internal
(disseminating information) to internal and external Audit investigation reports as input for the continuous
parties, including the mass media, in accordance with improvement of operational processes.
the Bank’s strategy, vision, mission, and values.
Monitoring of reputational risk is carried out, among
Regarding the Bank’s reputation management function, other things, through the Risk Management Committee.
Corporate Communications is responsible for and acts Internal Audit periodically conducts an investigation on
as the gateway for disseminating internal and external the reputational risk management of each related party
information through relevant communication channels. in accordance with the established Audit Plan.
Corporate Communications, in synergy with other
departments that is also responsible for reputational risk, Audit investigation is conducted on negative news
also assists in the oversight (control and monitoring) of and managing customer complaints, including
all general and specific Bank communication activities documentation, follow-up, and reporting to mitigate
carried out by each business unit and supporting unit. reputational risk, reviewed during audit process.
Policies, Procedures, and Limit Setting Reputational Risk Control System
In controlling reputation risk, the Bank has policies, The Bank has an Internal Control System for
procedures, and mechanisms to improve service reputational risk management, including regular
quality, including handling complaints from stakeholders monitoring of customer complaints or negative news
(customers and other stakeholders), which is carried out that has a material impact on the Bank’s reputation and
in an integrated manner. a reputational risk control culture involving all business
lines.
The Bank prepares the steps outlined in the procedures
as preparation and anticipation to respond if there are
questions from the mass media or customers regarding
events that affect the Bank’s reputation.
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Risk Management
Reputation Risk Control and Reputation Risk
Management in Times of Crisis
Referring to the Crisis Communication Manual, the
Communications & Daya Division is responsible for
reputation crisis communication at the head office
and appoints the person responsible for reputational
crisis communication at the regional level. This division
provides support for all aspects of external and internal
communications, from planning and implementation to
monitoring and evaluating communication processes
during a reputation crisis.
The main tasks during a reputational crisis situation
include:
1. Develop a communication strategies and tactics to
communicate;
2. Design and draft the key messages;
3. Consider the communication channels used;
4. Determine the spokesperson and person in charge
of communication;
5. Coordinate with the person in charge of
communications and appointed spokesperson;
6. Carry out intensive communication functions to
external and internal parties;
7. Manage requests for information or interviews with
the media; and
8. Monitor and evaluate the effectiveness of
communication.
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Business Support Review 252 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Business
Support
Review
Human Resources Development 254
Operations and Information Technology 260
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Business Support Review
Human Resources
Development
The Human Resources Directorate focuses on the
continuous development of talent to support the
Bank’s future organizational growth. Its strategic
priorities are to attract, develop, and retain talents.
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In line with Financial Services Authority Regulation 4. Development of the human resource system
(POJK) Number 24 of 2022 concerning the (HRIS).
Development of Human Resources (HR) Quality a. Implementation of new features for the Bank’s
of Commercial Banks, PT Bank SMBC Indonesia HRIS, including the disciplinary feature for
Tbk (“SMBC Indonesia”, “the Bank”) considers HR employee sanction administration processes
development to have strategic value. Therefore, the and the attendance feature for employees
Bank has well-structured development planning. working at branch offices.
b. Implementation of new UI/UX to enhance the
Referring to the OJK regulation, HR development within employee experience at SMBC Indonesia.
SMBC Indonesia is directed to be highly competitive,
possess integrity, competent, and professional. 5. Review of employee remuneration and benefits.
Thus, the quality of HR within SMBC Indonesia can In line with its strategy to attract, develop, and
continuously support the Bank’s business performance. retain talent, the Bank consistently reviews its
compensation and benefits to remain competitive
in the talent market and to align with market
DEVELOPMENT FOCUS AND POLICY changes.
The HR development initiative within the Bank aims to
attract, develop, and retain talent. In its realization, the INITIATIVES AND PERFORMANCE
Human Resources Function of Bank SMBC Indonesia ACHIEVEMENTS IN 2025
implemented various key initiatives focusing on the
following 5 (five) pillars: In 2025, the Human Resources Directorate
1. Organizational development. implemented several key initiatives, in line with the
a. The Bank’s talent development initiative for Human Resources Directorate’s strategic focus on
positions 1, 2, and 3 levels below the BOD/BOM. attracting, developing, and retaining talent, as follows:
b. Talent succession planning program.
c. The employee exchange and development 1. Organizational Development
program is global, conducted in both Singapore a. In 2025, the Human Resources Directorate
and Japan. successfully ran the Bank’s talent development
d. Employee engagement program. program, focusing on positions 1, 2, and 3
e. Enhancing the Bank’s employer branding. levels below the Board of Directors/Board of
f. Bank Acceleration Program. Management.
b. Collaboration with SMBC Group in the global
2. Diversity and inclusion program talent development initiative, where the Bank
a. Program focused on social impact and a sent 12 employees to participate in SMBC
family-friendly workplace. Group’s global development program in Tokyo,
b. Collaboration with the SMBC group and its Japan, and Singapore.
subsidiaries. c. Implementing an employee talent
development acceleration program through
3. Training & development program for the Bank’s the Leadership Acceleration Development
employees. (LEAD) program. By the fourth quarter of 2025,
a. Development and training in leadership, SMBC Indonesia launched 2 (two) batches of
technical, and non-technical areas. Including the LEAD program.
the development of the curriculum for the
digital & analytics training program.
b. Collaboration with SMBC group and its
subsidiaries.
c. E-Learning Bank.
d. Mandatory certification program.
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d. Conducting an employee engagement survey c. Implementing the Service Curriculum program
with Mercer consultants, with a participation that supports cultural transformation to align
rate of 98%. This survey is used as a basis for with the Bank’s transformation strategy.
the Bank to help management understand d. Organizing the Learning Festival held at
the Bank’s position regarding employee the Head Office and 3 other cities: Medan,
engagement and to determine the next steps Surabaya, and Yogyakarta.
to improve employee engagement with the e. Continuing the mandatory employee
Bank. certification program, such as Risk
e. Improving employer branding, collaborating Management certification, SKSP (Payment
with reputable organizations, including System Competency Standardization),
partnerships with leading universities, both WAPERD (Mutual Fund Selling Agent
nationally and internationally, including Representative), WPPE-P (Marketing Securities
universities in Japan. Broker Representative), and Treasury
f. In line with the employer branding program, the certification for employees required to hold
Bank also successfully received awards from the aforementioned certifications, as well as
HR Asia Awards for the Best Companies to Work competency certifications other than Work
for in Asia 2025, Diversity, Equity & Inclusion Competency Certifications in the banking
Award 2025, and Most Caring Company Award sector, namely HR Management, Compliance,
2025, as well as the HR Excellence Award & Information Technology, Internal Audit, and
Best Employee Engagement Award from SWA Finance certifications.
Media Inc for the Wellbeing Management,
Learning & Development, and Employer 4. Implementation of Human Resource System
Branding & Talent categories. (HRIS)
In 2025, the Bank continued its HR digital
2. Diversity, Equity & Inclusion Program transformation process, including ongoing
a. Implementation of DE&I programs focused on development of its HRIS features, and implemented
social impact and a family-friendly workplace, automation initiatives aimed at continuously
including sign language classes for employees, improving HR business processes. By the fourth
internship opportunities for individuals quarter of 2025, the Bank implemented the
with disabilities, seminars, workshops, and Disciplinary feature to assist with employee
partnership programs with DAYA and the sanction administration, the attendance feature for
Helping Hand Indonesia Foundation to run employees working at branch offices, and a new UI/
empowerment programs for deaf students, UX to enhance the experience of SMBC Indonesia
and collaboration with SMBC Indonesia Parents employees.
Club to promote a family-friendly workplace.
b. Collaborating with SMBC Group and its 5. Rewards & Performance Management
subsidiaries, such as participating in the The Bank continuously reviews the remuneration
“Beyond Disability Talk” program organized by and benefits received by employees in line
SMBC Group. with current industry conditions. Thus, the Bank
can formulate a remuneration formula that is
3. Training & Development Program for the Bank’s competitive and aligned with the Bank’s strategy.
Employees
a. Conducting 1,035 training programs attended
by the Bank’s Employees, Board of Directors,
Commissioners, and Independent Committees.
b. Organizing a collaboration program with
subsidiaries in the form of a Leadership Series,
which includes strategic adjustment and
leadership, Learning Festival, Diversity, Equity &
Inclusion, and a Pre-Retirement Program.
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In 2025, the Bank implemented non-financial COMPETENCY DEVELOPMENT
benefit programs for employees, focusing on health
and lifestyle through various wellness programs. HR competency development within SMBC Indonesia
The Bank promotes a healthy lifestyle and mental is carried out through, among others, enhancing
well-being to employees, starting with Wellness competencies in technical, non-technical, and
Week, Program Mendadak Gerak or the “Let’s leadership areas. Its realization includes, among others:
Move” Program, and the Weight Loss Challenge, 1. Continuing the work competency certification
and concluding with a collaboration with the Daya process in the banking sector, including through
team on the “Empowered for Earth” program. It is a Risk Management Certification, SKSP (Payment
program designed to encourage employees to run System Competency Standardization), WAPERD
and convert their running steps into the number of (Mutual fund selling agent representative), WPPE-P
trees planted by the Bank. (Marketing Securities Broker Representative), and
Treasury for employees who are required to hold
Additionally, to provide attention to employee the aforementioned certifications.
health, SMBC Indonesia provides an in-house clinic 2. Continuing the competency certification process,
facility that can be accessed by SMBC Indonesia besides Work Competency Certification in
Employees at the head office. At that location, the the banking sector, includes HR Management,
Bank provides medical personnel and nurses who Compliance, Information Technology, Internal Audit,
will directly assist employees in checking their and Finance certifications.
health conditions. 3. Bank Acceleration Program for fresh graduates.
. 4. Continuing the process of improving other
competencies through training provided by the
RECRUITMENT POLICY Bank, including through the Bank’s e-learning
system, access to MOOCs (Massive Open Online
SMBC Indonesia’s recruitment policy consistently Courses) provided to Bank employees, as well as
prioritizes the principle of inclusivity, meaning it is through various trainings conducted both online
open to anyone who meets the Bank’s requirements and offline.
and terms. Therefore, to best expand employment 5. Holding a Learning Festival focused on the topics
possibility, the Bank utilizes various communication and of transformation, growth, and quality. In this year’s
information channels to announce job vacancies, so that Learning Festival, a series of programs were held,
more people can access the information. including seminars from experts, sharing sessions
from Bank SMBC Indonesia’s executive, learning
Channels used to disseminate job opening information areas/studios, and practical training sessions.
include the SMBC Indonesia career website and job 6. Continuing cooperation with the SMBC Group in
search sites. Moreover, the Bank collaborates with employee development through several programs.
several universities to secure the best talent. 7. The Bank provides a learning management system
that is currently accessed through the Darwinbox
However, the filling of certain positions is intended HRIS platform. Through this implementation, it is
for internal employees to provide development expected to enhance the employee experience in
opportunities for SMBC Indonesia employees. accessing the Bank’s e-learning, which is accessible
Throughout 2025, the Bank recruited 428 new via the user’s mobile phone.
employees.
Summary of Training Implementation
Description 2025 2024
Number of Training Programs 1,035 986
Number of Participants 6,127 6,970
Total Man-Days 29,216 28,970
Total Training Investment (Rp Million) 55,284 58,863
Average Training Investment per Employee (Rp Million) 8.998 8.4
Total Training Hours 233,726 231,760
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Training by Position Level
Number of
Position Level Type of Training Training Objectives Organizer
Participants
Top Management 189 In house & Public Self-Development Internal & External
Senior Management 781 In house & Public Self-Development Internal & External
Management 2,979 In house & Public Self-Development Internal & External
Office/Supervisor 1,444 In house & Public Self-Development Internal & External
Clerical 734 In house & Public Self-Development Internal & External
REMUNERATION SERVICE REWARDS
The implementation of the remuneration policy at SMBC SMBC Indonesia rewards its employees who have
Indonesia refers to the prevailing laws and regulations, dedicated their productive time to the Bank. The reward
including Law Number 13 of 2003 concerning is provided to employees with 30 years, 20 years, and
Manpower and its amendments. Likewise, with the 10 years of service at the Bank. It is conducted as an
provisions regarding the provincial minimum wage appreciation for the loyalty shown to the Company.
(UMP), whose overarching policy is set by the Ministry of
Manpower. In 2025, the Bank rewarded 364 employees,
categorized as follows: 13 employees for 30 years of
The Bank adheres to the principle of meritocracy when service, 39 employees for 20 years of service, and 312
implementing remuneration. This principle prioritizes employees for 10 years of service.
an objective assessment of the performance and
impact employees have on the Bank. Thus, the basic
factors used to adjust employee remuneration refer to EMPLOYEE TURN OVER RATE
the Bank’s performance, work unit, individual, as well
as considering economic conditions and the Bank’s In 2025, the total employee turnover rate at the Bank
capabilities. was 11.1%. This realization is higher compared to 2024,
which was 8.5%. For the voluntary turnover rate in 2025,
Employee remuneration adjustments and the granting it was 5.3%, a decrease compared to 5.8% in 2024.
of performance bonuses are conducted at the
beginning of the year based on the previous year’s
performance. For that reason, the Bank reviews the STRATEGIC PLAN FOR 2026
implementation of employee benefits annually, which
currently includes health protection provided in the form The Human Resources Directorate focuses on the
of health insurance for employees and their families. continuous development of talent resources to support
the organization’s future growth. The strategic focus of
In the study, the Bank considered the utilization rate the Human Resources Directorate is to attract, develop,
of health facilities and their adequacy ratio. In addition, and retain talent.
the Bank considers facilities provided by peer banks,
the data for which was obtained through remuneration In the technical breakdown, the strategic focus for
surveys conducted by consultants. 2026-2028 is divided into 6 (six) main pillars (core
pillars) consisting of:
The remuneration study for said employees is, among 1. Organizational Development
other things, carried out by the Human Resources Organizational development aims to ensure the
Committee, which consists of 5 (five) members of Bank has adequate and capable human resources
the Board of Directors and 1 (one) Human Resources to execute the Bank’s strategy. In 2026-2028,
official. This committee holds meetings at least once the Bank’s strategic focus includes the sustainable
every 4 (four) months or as needed. Meetings can be development of talent and an internal succession
held at any time upon the request of any committee plan.
member, following the scope of the Human Resources
Committee’s work guidelines. The Bank’s talent development program is
established using various learning approaches,
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exposure opportunities, and simulations of tasks banking sector, which include, among others, HR
and innovation projects. It is conducted in line with Management, Compliance, Information Technology,
the implementation of the talent management Internal Audit, and Finance certifications.
framework. Moreover, the Bank collaborates with
SMBC Group through a global talent development 3. Implementation and Development of the Bank’s
program and short-term talent assignments. HR Technology
In 2026, the Bank will conduct a review of its
It is hoped that this development program effort will current HR technology systems. The review will be
support succession planning, so that the Bank has conducted, covering an overview of the current
internal resources for promotion from within, which system and an analysis of existing gaps compared
can ultimately enhance the organizational resilience to current processes and conditions. From the
of the Bank and its subsidiaries. In addition, the analysis, the Bank will follow up by examining the
Bank will also create Talent heatmaps to ensure possibility of system enhancement, including costs
the alignment of this organizational development and man-days, and comparing it with the possibility
strategy with the Bank’s strategies, which include of whether it would be more efficient for the Bank
organizational analysis, succession planning, and to switch to a new HR technology system.
Employee development strategies.
4. Improving Employee Motivation and
2. Learning & Development Productivity
To develop employee talent, the Bank is The Bank will continuously improve employee
committed to sustainable HR management motivation and productivity (Employee
and quality development through enhancing Engagement), including through Employee
work competencies in technical, non-technical, Wellbeing programs and Employer Branding
and leadership areas, while also considering program campaigns. As an effort to continuously
the principles of priority and equitable work improve SMBC Indonesia’s branding, both through
competency distribution to develop employee online and offline channels, the Bank participated
competencies. In its implementation, employees in human resources award programs on a local,
learn and practice using a technology-based national, and regional Asian scale.
learning platform, which can be conducted flexibly
either in the classroom or at their available time. Additionally, the Bank partners with universities,
communities, and other employer branding
In 2026-2028, the Bank will focus on key initiatives, initiatives. These programs are also carried out
including collaboration with SMBC Group on a jointly with SMBC Indonesia Bank’s subsidiaries;
Learning & Development program, enhancing the thus, the program’s impact is better and stronger
Bank’s learning programs to align with the Bank’s in increasing awareness of SMBC Indonesia’s
business strategy, and creating extensive learning employer branding.
plans for Bank leaders and employees across
geographies to ensure they have consistent skill 5. Diversity, Equity & Inclusion Program
standards and knowledge. In addition, to support This program aims to create an inclusive work
the Bank’s conglomerate model, during this environment. For the period 2026-2028, the
period, the Bank will focus on cross-entity learning agenda of the Diversity, Equity, and Inclusion
program collaboration, which includes BTPN Syariah program is women’s empowerment, disability
and OTO/SOF. (social impact), and a safe and respectful workplace.
These programs are also carried out jointly with
The Bank will also continue the employee SMBC Indonesia’s subsidiaries to create a greater
certification process in accordance with applicable impact and a stronger work culture.
regulations, which include Risk Management,
Payment Systems, WAPERD (Mutual Fund Selling 6. Rewards & Performance Management
Agent Representative), WPPE-P (Securities Broker The Bank will continuously review employee
Representative - Marketing), and Treasury for remuneration and benefits in line with current
employees required to hold these certifications, market conditions. Thus, the Bank can formulate a
as well as competency certifications in the competitive remuneration and employee formula
that aligns with the Bank’s strategy.
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Operations and
Information Technology
The Operations and Technology organization
within SMBC Indonesia represents the integration
of 2 strategic units aimed at strengthening and
sharpening the Bank’s business lines. This integration
aligns with the vision of becoming a capable and
trusted strategic partner in delivering service
excellence to support the Bank’s performance and
growth.
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Within SMBC Indonesia, the operational and information technology organizations have merged into a single entity.
This merger solidifies the role of the institution in supporting the Bank’s business lines, through the vision and mission
as conveyed below.
Vision VISION
To be the strategic and
competent partner in
providing excellent services
to support the Bank’s
performance and growth.
GOVERNNACE EXCELLENCE
OPERATIONAL EXCELLENCE
INFORMATION SECURITY
SERVICE EXCELLENCE
DIGITALIZATION
Mission
Synergizing with all stakeholders
in realizing customer-focused
innovation through:
• Fostering an environment
and culture that cultivates
competence and leadership.
• Safe utilization of digital
technology.
LEADERSHIP & COMPETENCY
C U LT U R E
INFORMATION TECHNOLOGY The IT implementation policy in the Bank’s environment
focuses on sustainable innovation which supports
The utilization of Information Technology (IT) optimizing and increasing the effectiveness of IT
within SMBC Indonesia primarily refers to OJK resources, strengthening IT governance, and enhancing
Regulation Number 11/POJK.03/2022 concerning cybersecurity. Development of Information Technology
the Implementation of Information Technology which aligns with Bank’s priorities ultimately ensures
by Commercial Banks. In addition, the technology SMBC Indonesia prudent management of IT investment.
development is being done in order to support customer
service and the Bank’s operational activities. Development Focus in 2025
Throughout 2025, the development of Information
As a service to its customers, SMBC Indonesia’s main Technology (IT) at SMBC Indonesia continued to be
focus is on the retail, SME, commercial, and corporate directed toward supporting innovation in every line of
business sectors. The utilization of IT also plays a crucial business, with the aim of providing banking products and
role in supporting the Bank’s operational activities services relevant to customer needs and offering growth
and accelerating business growth. Therefore, SMBC opportunities for the Indonesian community. This strategy
Indonesia continuously develops its digital banking,
which has been its flagship feature.
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Operations and Information Technology
is a crucial foundation in realizing the Bank’s vision to bring 5. Improving Report Data Quality
meaningful change to the lives of millions, especially with The strategy is realized through a comprehensive
the support of digital technology. review of the reporting process where several
improvements have been successfully
The main focus of IT development covers 5 (five) strategic implemented, including the management of
areas: data dictionary, and data lineage to strengthen
1. Strategic Capability Enhancement governance and compliance.
This strategy includes the utilization of Generative
AI-based technology for internal knowledge In addition, the Bank strengthens synergy with
management and customer service, as well as subsidiaries of SMBC Indonesia conglomerate Group
the adoption of cloud computing to ensure the members through IT cost optimization, shared
readiness of infrastructure, business processes, technology utilization, and collective purchasing and
and the organization in supporting cloud-based negotiation processes to enhance bargaining power and
operations. efficiency from economies of scale at the group level.
These strategic steps reflect the Bank’s commitment
2. Cybersecurity Strengthening to continuous innovation, maintaining security, and
The strategy is implemented through the improving service quality, thereby adding value for
deployment of Extended Detection and Response customers, shareholders, and the wider community.
(XDR) technology to accelerate threat detection
and response, as well as the implementation of a The governance policy implementation is outlined in the
Web Application Firewall to protect web applications IT Strategic Planning (ITSP - IT Roadmap), developed after
accessed via the internet. considering:
1. Vision and Mission of SMBC Indonesia
3. Application Consolidation and Standardization 2. Strategic objectives of SMBC Indonesia
This strategy aims to simplify operational 3. Aspirations and strategies during merger
complexity through the integration of the 4. Industry and Technology Information trends such
monitoring system for digital banking services, as: open source, cloud, open API, and others
customer registration e-forms, integration of 5. Key pain points and main challenges
telephony systems in contact center, and the 6. Also consider the IT Strategic Initiative undertaken
development of an anti-money laundering system. in the previous period
4. Strategies for Enhancing the Core Banking IT Management Organization
System IT activities at SMBC Indonesia are led by the Director of
The strategy is being prepared and planned to Operations & Technology, who reports to the President
improve system performance and is an integral part Director. The organizational structure, as of 1 October
of the plan to ensure Bank’s readiness to support 2025, is presented as follows:
business growth.
Director of Operations &
Technology
Executive Secretary to
Director of Operations &
Technology
Reporting, Strategic Planning &
Shared Service IT Corporate Banking Digital Banking IT Transaction
Settlement & Access Operations Control
Operations Head Enablement Head Solution Head Management Head
Management Head Head
Operations IT Retail Banking &
Operations IT Digital Service IT Data IT Governance
Transaction Center Corporate Function
Development Head Enablement Head Management Head Management Head
Head Enablement Head
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Human Resources
SMBC Indonesia recognizes the importance of reliable human resources (HR) to support IT development within the
banking sector. Considering that SMBC Indonesia is the first bank to possess digital capabilities and provide digital
banking solutions, the Bank needs to continuously develop its employees to support IT development and keep up
with the latest developments.
Until the end of December 2025, the number of Information Technology FTEs in the Operations & Technology
Directorate was 606 people, divided among 8 (eight) divisions.
IT Human Resources
Number
No. Organization Responsibilities
(People)
1. Strategic Planning and Ensuring IT management and organizational functions operate efficiently and effectively, 25
Operations Control including IT strategic planning and innovation, budget management, procurement
management & vendor management, and Project Management which align with the Bank's
strategic plan and direction.
2. IT Retail Banking & Building relationships and collaborations with Retail Banking & Corporate Functions businesses 55
Corporate Function to support business, operational, and technical solutions with a customer-centric approach.
Enablement
3. IT Corporate Banking Building relationships and collaborations with Corporate Banking businesses to support 28
Enablement business, operational, and technical solutions with a customer-centric approach.
4. IT Digital Service Continuous development and maintenance of existing core system and payment systems 158
Enablement in order to meet the Bank's business needs and support the Bank's requirements in terms of
system integration.
5. Digital Banking Continuous development and maintenance of existing Bank’s digital banking plaftform in order 144
Solution to meet the Bank's business needs.
6. IT Data Management Coordinating the function of Data Management Office (DMO) and enhancing digital capabilities, 43
Bank’s oevrall data quality, data governance, and data-driven decision-making.
7. IT Transaction Ensuring the availability of systems through the availability of IT infrastructure to support Bank’s 135
Management operations, business development, and Key Strategic Initiatives. Including the availability and
readiness of Disaster Recovery in terms of contigency.
8. IT Governance Planning, determining, and ensuring the implementation of IT governance, and IT risk 18
Management management within the Bank.
To support HR capabilities in the IT field, the Bank has Information Technology Governance
implemented several training programs in various areas, The implementation of IT governance within the Bank
including: must be aligned with the corporate plans of SMBC
Indonesia and its parent entity, while also considering
Competencies Number of Participants compliance with applicable regulations, both in finance
and other related areas.
Leadership 19
Soft Skills 18
The Bank has policies, procedures, operating standards,
Technical Skills 65 and implementation guidelines for various aspects,
such as IT planning, IT budgeting, IT implementation,
Certifications and operations. Furthermore, the Bank continuously
Throughout 2025, the certifications were as follows: implements initiatives to improve governance by
• Risk Management Certification referring to governance standards such as the COBIT 5.0
• Mastering ITIL v4 Fundamental, putting forward common practice framework.
Agile and DevOps
• CISA and ISACA Gap analysis results are consistently evaluated and
are part of the ongoing development prioritized for
improving IT governance at SMBC Indonesia.
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Operations and Information Technology
Identification Mechanism on Disruptions 4. Cybersecurity risk management through the
SMBC Indonesia constantly anticipated business and implementation of control mechanisms and the
technology disruptions. For that specific reason, SMBC application of necessary technology to mitigate
Indonesia continuously evaluates new technologies that potential cybersecurity risks that could happen
can be applied to support the Bank’s business, through: within SMBC Indonesia.
1. Research done by Bank’s internal IT
2. Collaboration with parent entity Disaster Recovery Strategy/Process
3. Engagement with 3rd parties SMBC Indonesia anticipated the possibility of disaster
that could disrupt the Bank’s operational activities.
Cyber Security System Strategy The disaster mitigation and recovery strategies
As Bank that utilizes information technology in implemented by the Bank include:
providing digital services to customers, SMBC Indonesia 1. Availability of IT Business Continuity Plan
continuously strives to improve cybersecurity risk 2. Data center availability for recovery
management standards. The increasing cybersecurity 3. Implementation of data center migration
risks is higher inline with the increasing threats in the simulations on a regular annual basis
digital space.
Reporting System/Mechanism to the
The implementation of cybersecurity risk management Board of Directors
within the Bank is aligned with applicable laws and In line with OJK Regulation Number 11/OJK.03/2022
regulations, the cybersecurity risk management concerning the Implementation of Information
standards of the parent entity, and available best Technology by Commercial Banks, SMBC Indonesia
practices. Therefore, SMBC Indonesia has implemented reports on its Information Technology Strategic Plan
a Cybersecurity Risk Management Policy that contains to the Board of Directors and Board of Commissioners
the framework, strategy, and standards for managing every semester. Reporting includes the IT strategic plan,
and implementing the Bank’s cybersecurity risk the IT strategic plan budget, and the execution including
management. the implementation of IT strategic plan initiatives.
In general, the Cybersecurity Risk Management Policy In addition, the Bank also submits reports on the
includes the following: implementation of IT strategic plan initiatives, IT budgets,
1. Standards for implementing cybersecurity risk and IT performance for quarterly periods in the IT
governance are formulated to ensure the adequacy Steering Committee forum.
of the Bank’s cybersecurity risk governance. This
Governance Process includes active supervision Evaluation System
by the Board of Commissioners and Board of IT performance measurement in 2025 encompasses
Directors, the formulation of risk appetite and risk several aspects, including project implementation
tolerance, as well as the organization of periodic successes, governance compliance, operational
and continuous cybersecurity risk awareness excellence, and user satisfaction. Overall, the IT
campaigns. Directorate achieved excellent results throughout 2025,
2. A cybersecurity risk management framework that exceeding established targets.
includes the adequacy of cybersecurity strategy
availability, the adequacy of the Bank’s resources SMBC Indonesia’s IT Excellence
and tools, and the availability and adequacy of In an effort to maintain continuity and increase
internal provisions governing the implementation capabilities in the IT sector, SMBC Indonesia has
standards for SMBC Indonesia’s cybersecurity risk strengthened a number of important aspects including:
management. 1. Robust IT governance which supports the alignment
3. Management of the necessary resources in of IT governance with business objectives,
cybersecurity risk management, whether in Human investment optimization, and risk management
Resources (HR), adequacy of the cybersecurity 2. An IT operational model that ensures stability
information management system, or various other and maintains momentum in supporting the
forms of resources needed by SMBC Indonesia in development of digital aspirations
managing cybersecurity risks.
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3. Aligning the IT strategic plan and budget with OPERATIONS
the Bank’s corporate plan to ensure support for
the Bank’s business achievements and growth, The SMBC Indonesia Operational Line aims to support
particularly through digital capabilities. the business achievements set by the Bank. In 2025,
4. Fostering the culture which emphasize on consistently and continuously, the Bank implemented
improving communication, collaboration, and 3 (three) strategic pillars that prioritize service quality,
innovation within IT enhanced internal control and compliance, and the
5. Optimizing digital infrastructure, agile architecture, achievement of operational excellence.
data management, and strong cybersecurity to
support business achievements The implementation aligns with the Operational Line’s
vision: To be a strategic and competent partner in
Technology Investment providing the best services to support the Bank’s
In 2026, IT development plans are prepared in line performance and growth.
with Bank’s business plan with focus improvements
including: Operations Initiatives and Strategies
1. Business transformation agenda In line with the 5-year strategic plan for the 2022-
2. Compliance with regulatory requirements 2026 period, the Bank’s Operational Line continues
3. Development of new services or products its development by maintaining its focus on 3 (three)
4. Improving process efficiency through automation strategic pillars that prioritize service quality, enhanced
5. Updating devices. internal control and compliance, and the achievement
6. Improving cybersecurity readiness of operational line excellence. The initiative is carried out
7. Modernizing core banking system through the following steps:
1. The Bank will undertake development in customer
IT Development Roadmap service quality, focusing on service digitalization
The IT development roadmap in 2026 aligns with the through technology utilization, enhancing service
implementation of the 2025-2029 IT strategic plan, capabilities to ensure smooth operations and a
which is to support the bank’s vision of becoming a consistent customer experience with high service
leading financial conglomerate in Indonesia, capable availability.
of bringing meaningful change to the lives of millions, 2. Enhancement of internal controls and compliance
particularly with the support of digital technology. in the operational line through improvements in
accuracy and reliability in the regulatory reporting
In an effort to achieve alignment between IT capabilities process, a transformation focused on continuous
and strategic business objectives, five strategic supervision and achievement of preventive
imperatives have been established in the 2025-2029 mechanisms, and automation of reconciliation and
RSTI: transaction settlement processes.
1. Utilization of digital technology to improve 3. Achieving operational excellence through
efficiency, service delivery, and business continuous digitalization of work processes, while
transformation (Digitalization). also considering environmental impacts such as
2. Providing consistent, reliable, and high-quality less paper transactions, expanding integration
service to internal and external stakeholders initiatives, and implementing automation that
(Service Excellence). will enhance process efficiency (straight through
3. Updating critical infrastructure and simplifying the processing), as well as improving data accuracy and
IT landscape to reduce complexity and drive cost quality.
efficiency (Operational Excellence).
4. Building strong governance to ensure In addition to these three pillars, the Bank will continue
accountability, compliance, and strategic alignment to develop transactions using the BI-FAST service
that meets global standards (Governance system in accordance with its business strategy and
Excellence). in line with Bank Indonesia’s development plans. It is
5. Implementing security and compliance into every conducted to improve services for customers.
layer of the organization to reduce risk and ensure
cybersecurity readiness (Information Security).
.
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Operations and Information Technology
Achievements in 2025 Operations & Technology Strategic Plan
Throughout 2025, the Operational Line continued to 2026
implement various initiatives focused on three strategic In line with the 3-year strategic plan for the 2026-2028
pillars: enhancing service quality, strengthening internal period, the Bank’s operations and technology lines will
controls and compliance, and achieving operational focus on building business-oriented support functions
excellence. All planned initiatives have been successfully that prioritize convenience and quality to achieve 3
realized, with the following details: objectives, namely:
1. Improving service quality for customers is carried 1. Optimally functioning operations and technology
out through the completion of several key lines.
initiatives, including: 2. Reliable and secure operations and technology
a. Provision of e-advice LC (Letter of Credit) lines.
as an effort to enhance digitalization and 3. Operations and technology lines ready to support
environmentally friendly (paperless) services to business growth.
customers.
b. Integration of the back-end system with the To achieve these three objectives, the development of
loan processing system to speed up the credit supporting functions for the Operations and Technology
service process for customers. Lines is centered on the development of three main
c. Refinement of the credit insurance claim pillars: the Service Excellence Pillar, the Operational
handling process to expedite customer claim Excellence Pillar, and the Governance Excellence Pillar;
resolution. and two supporting pillars, namely the Information
Security Pillar and the Digitalization Pillar.
2. Strengthening internal controls and compliance
in the Operational line is realized through several The strategic developments to be implemented include:
initiatives, including: 1. Achieving service excellence through the
a. Refinement of the SLIK and Antasena reporting implementation of artificial intelligence in enhancing
process to enhance reporting accuracy and service knowledge and capabilities, utilizing
effectiveness. technology and digitalization to simplify services
b. Enhancement of the access rights matrix for customers, and achieving good, consistent, and
mapping process integrated with the access timely customer service levels.
management system (straight-through
processing) to strengthen the accuracy of 2. Achieving operational excellence through the
access rights determination and user access use of robotic automation and digitalization of
provisioning. continuously executed work processes, expanding
c. Digitization of various reporting processes to process and system integration initiatives while
regulators to improve accuracy and speed of also considering environmental friendliness
reporting. aspects, which will enhance the degree of process
smoothness (straight through processing) and
3. To achieve operational excellence, various process guarantee improvements in process accuracy and
improvement initiatives and system consolidations precision.
have been implemented to create more efficient,
controlled, and environmentally friendly (paperless) 3. Achieving excellence in control and governance
processes, with the following achievements: through comprehensive improvements in data
a. Refinement of the goods and services quality and the reliability of reporting processes
procurement process, covering purchase to regulators, risk-focused control transformation,
requisition submission, vendor selection, and and continuous oversight to achieve a preventive
goods delivery. mechanism by enhancing reconciliation processes
b. Improvement of the asset management and ensuring the effectiveness of dual controls.
process, including asset recording and asset
depreciation calculation.
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These three main pillars are developed with attention to the aspects emphasized in the two additional pillars, namely information security and digitalization. In addition, the operational and technology lines take into account the importance of human resource development, which is carried out systematically to foster a culture that encourages the best service behavior, collaboration, compliance, and integrity. 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 267
Page 270
Good Corporate Governance 268 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 271
Corporate
Governance
Principles of GCG Implementation 271 Transparency of The Bank’s Financial 395
and Non-Financial Conditions
Legal Basis of Implementation 274
Objectives of GCG Implementation 275
Share Buyback or Subordinated Bond 396
GCG Structure 276
Provision of Funds to Related Prties 396
and Large Exposure
Assessment of GCG Implementation 276
in 2025
External Audit 397
General Meeting of Shareholders 286
Internal Audit 398
(GMS) Internal Control System (SPI) 403
Ultimate and Controlling Shareholders 296 Important Cases Faced by 405
Subsidiaries, Members of The Board
Board of Commissioners 297
of Commissioners, and Members of
Board of Directors 306 The Board of Directors
Transparency of Information on The 315 Administrative Sanctions 405
Board of Commissioners and The
Board of Directors
Access To Corporate Information and 406
Data
Committees Under The Board of 329
Commissioners
Code of Ethics 406
Committees Under The Board of 355 Price Sensitive Information Personal 408
Directors Account Dealing
Corporate Secretary 379 Governance In Procurement of Goods 408
and Services
Compliance Function 384
Reporting of Violations System 409
Integrated Compliance Function 389
Policy on Anti-Corruption and Bribery 410
Internal Fraud 391
Insider Information Prevention Policy 411
Anti-Money Laundering, Antimoney 393
Laundering, Counterterrorist
Transparency in Bad Governance 412
Practices
Financing, and Counter-Proliferation
Financing of Weapons of Mass
Destruction (AML CFT and CPF)
Provision of Funds for Social and 395
Political Activities
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 269
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Good Corporate Governance
Corporate
Governance
In line with SMBC Group values, the Bank’s
implementation of Good Corporate Governance
is directed toward supporting sustainable growth
through responsible decision-making, disciplined risk
management, and the integration of sustainability
considerations into the Bank’s strategy and
governance framework.
270 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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The Corporate Governance/Good Corporate Governance (GCG) Implementation Report of PT Bank SMBC Indonesia
Tbk (“SMBC Indonesia” or the “Bank”) as of December 31, 2025 has been prepared, among others, with reference
to Financial Services Authority Regulation (POJK) No. 17 of 2023 concerning the Implementation of Corporate
Governance for Commercial Banks and its implementing regulations. It also takes into account governance
enhancements introduced through POJK No. 15 of 2024 concerning the Integrity of Bank Financial Reporting, as well
as POJK No. 30 of 2024 concerning Financial Conglomerates and Financial Conglomerate Holding Companies.
As an entity designated as a Financial Conglomerate Holding Company (FCHC), the Bank bears a strategic
responsibility to ensure the effective, coordinated, and consistent implementation of corporate governance across all
entities within the financial conglomerate.
The implementation of GCG constitutes a fundamental pillar in safeguarding the Bank’s trust, resilience, and
sustainability. The Bank views GCG not merely as a regulatory compliance obligation, but as a strategic framework that
ensures prudent decision-making, effective risk management, and the creation of long-term value for shareholders
and all stakeholders.
Principles of GCG
Implementation
Throughout 2025, the Bank consistently strengthened 3. Responsibility
the implementation of GCG in line with the increasing The Bank conducts its business activities in
complexity of its business activities, the enhanced role compliance with applicable laws and regulations
of the Bank within the financial conglomerate structure, and in accordance with the prudential principle, and
and the ongoing development of the banking corporate assumes responsibility for the economic, social, and
governance regulatory framework: environmental impacts arising from its activities.
1. Transparency 4. Independence
The Bank ensures the disclosure of relevant, The Bank is managed in a professional manner,
accurate, and timely information to regulators free from conflicts of interest and undue influence
and stakeholders, while upholding bank secrecy from any party, in order to safeguard objectivity in
obligations and complying with prevailing decision-making.
regulations.
5. Fairness and Equality
2. Accountability The Bank treats all stakeholders fairly and equitably
The Bank establishes clear delineation of functions, in accordance with their respective rights and
roles, and responsibilities of the Board of Directors, obligations.
the Board of Commissioners, and supporting
committees, in order to ensure effective and In addition to the five principles above, the Bank also
accountable management of the Bank. refers to best practices in the implementation of GCG,
including those set out in the Indonesian Corporate
Governance Guidelines (PUGKI) 2021 issued by the
National Committee on Governance Policy (KNKG), as
well as the internationally recognized ASEAN Corporate
Governance Scorecard (ACGS).
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Good Corporate Governance
Principles of GCG Implementation
THE ROLE OF GCG IN SUPPORTING INTEGRITY, ETHICS, AND ANTI-
SUSTAINABILITY CORRUPTION (ETAK) IN SUSTAINABLE
GOVERNANCE
The Bank firmly believes that strong GCG is a
fundamental prerequisite for business sustainability. The Bank considers Ethics and Anti-Corruption (ETAK)
Effective corporate governance supports financial to be an integral part of GCG implementation and a
stability, strengthens stakeholder confidence, and fundamental pillar of business sustainability. Effective
enhances the Bank’s capacity to manage long-term GCG is determined not only by governance structures
risks, including strategic, operational, compliance, and mechanisms, but also by the strength of ethical
information technology, and sustainability risks. values, integrity, and robust controls over corruption and
fraud risks.
In alignment with SMBC Group’s values, the
implementation of GCG within the Bank is directed In the context of sustainability, the Bank believes
toward supporting sustainable growth through that long-term growth can only be achieved when
responsible decision-making, disciplined risk all business activities are conducted in an ethical,
management, and the integration of sustainability transparent, and accountable manner, thereby
aspects into the Bank’s strategy and governance preserving stakeholder trust, strengthening
framework. In this context, GCG serves as an enabler organizational resilience, and mitigating legal and
that ensures business growth is pursued in a sound reputational risks.
manner and aligned with long-term interests.
In alignment with GCG principles and governance
practices recommended under national guidelines, the
implementation of ETAK within the Company is carried
out in a structured manner through the following pillars:
No ETAK Pillar Linkage to GCG Linkage to Sustainability
1. Ethical Values and Integrity Strengthening the Building a long-term culture that is
governance culture consistent and resilient
The Bank instils ethical values and integrity as the foundation of
conduct for all employees. These values are articulated in the
Code of Ethics, which serves as a guideline in decision-making
and the execution of business activities, and are reinforced
through leadership example (tone from the top).
2. Corruption Prevention and Conflict of Interest Management Safeguarding Maintaining business continuity
accountability and against legal and financial risks
The Bank implements anti-corruption, anti-gratification, and independence
conflict of interest management policies to prevent abuse of
authority and practices that are contrary to sound governance
principles.
3. Violation Reporting and Enforcement System Ensuring the effective Supporting early risk detection and
functioning of oversight organizational resilience
As part of strengthening internal controls, the Bank provides mechanisms
an independent and secure violation reporting mechanism
(whistleblowing system) that ensures confidentiality and
protection for whistleblowers. Each report is followed up
objectively in accordance with applicable regulations.
4. Continuous Education, Internalization, and Monitoring Ensuring consistent Promoting continuous
governance improvement
The Bank continuously conducts socialization, training, and implementation
monitoring of ETAK implementation to ensure the understanding
and compliance of all employees. Periodic evaluations are
carried out to enhance policy effectiveness in line with evolving
risk dynamics and regulatory developments.
Through the implementation of ETAK integrated within the GCG framework, the Bank ensures that sustainability
aspects are not only reflected in environmental and social initiatives, but are also underpinned by strong and
principled governance. ETAK serves as an enabler that safeguards business growth by ensuring it is achieved through
ethical, accountable, and responsible practices.
272 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Accordingly, ETAK is not merely a matter of regulatory compliance, but constitutes a strategic component of the
Bank’s commitment to creating long-term value and safeguarding business sustainability.
The guideline encompasses 4 (four) GCG pillars, namely ethical conduct, accountability, transparency, and
sustainability (ETAK), which are further elaborated into 8 (eight) detailed elements as set out in the table below:
Description of Principles and Recommendations Implementation in SMBC Indonesia
Principle 1: Roles and Responsibilities of the Board of Directors and Board of Commissioners
The Board of Directors and the Board of Commissioners Applied
independently play the role and take on the responsibility to The Bank established details of the duties and responsibilities of each
create sustainable values for the best long-term interest of company organ and all employees, including the Board of Commissioners
the Company and shareholders, by taking into account the and the Board of Directors, clearly and in line with the vision, mission,
interests of stakeholders. corporate values, and company strategies.
Principle 2: Composition and Remuneration of the Board of Directors and the Board of Commissioners
Members of the Board of Directors and members of the Applied
Board of Commissioners are selected and appointed in In appointing the Board of Commissioners and the Board of Directors, the
such a way that the composition of the Board of Directors Bank takes into consideration the prevailing laws and regulations, among
as the management organ and the composition of the others:
Board of Commissioners as the supervisory organ are • OJK Regulation No. 17 of 2023 and OJK Circular Letter No. 14/
diverse and each consisting of Directors and Commissioners SEOJK.03/2025 concerning the Implementation of Corporate
with commitment, knowledge, capability, experience, and Governance of Commercial Banks.
expertise required to precisely fulfill the managing role of the • OJK Circular Letter No. 32/SEOJK.04/2015 on the Corporate Governance
Board of Directors and the supervisory role of the Board of Guidelines of Public Companies.
Commissioners. • OJK Regulation No. 33/POJK.04/2015 on the Board of Directors and the
Board of Commissioners of Issuers or Public Companies.
Remuneration is designed to effectively align the interests Applied
of members of the Board of Directors and members of the In its implementation at the Bank, apart from considering the conditions
Board of Commissioners with the company’s long-term and performance, the Bank also takes into account OJK Regulation No. 45/
interests and the creation of sustainable values. POJK.03/2015 on the Provision of Remuneration for Commercial Banks.
Principle 3: Work Relations between the Board of Directors and the Board of Commissioners
Work relations between the Board of Directors and the Board Applied
of Commissioners are tight, open, constructive, professional All organs in the Bank avoid the occurrence of domination by any one party,
and mutually trusting for the Company’s best interests. not effected by certain interests, free from conflict of interest and from
any influence or pressure, so that decision-making can be implemented
objectively.
Principle 4: Ethical Conduct
Company has the commitment to act ethically and Applied
responsibly, to uphold the values and culture of the The Bank retains the Code of Ethics applicable to the Board of
organization. Commissioners, the Board of Directors, all employees, and independent
parties. The Code of Ethics also regulates the creation of a conducive work
environment by upholding the Bank’s values and culture.
Principle 5: Risk Management, Internal Control, and Compliance
Company implements the integrated corporate governance Applied
practices by effective application of the internal control Every year, the Bank conducts periodic reviews on the adequacy of risk
and risk management systems, as well as the compliance management policies and internal control systems so that they always
management system in support of efforts to achieve remain relevant to industry developments. The Bank not only complies with
corporate goals, vision, mission, objectives and company’s applicable laws and regulations but also implements best business practices
performance targets in carrying out business with integrity. in the industry.
Principle 6: Disclosure and Transparency
Company establishes accurate and on-time disclosure of all Applied
matters related to the corporation. The Bank conducts information disclosure both periodically and incidentally
that accurately discloses information about the Bank including an
explanation of the Bank’s performance through the website: http://www.
smbci.com or IDX’s website within the time as stipulated in the applicable
laws & regulations.
Principle 7: Shareholders’ Rights
Company protects and facilitates the implementation Applied
of shareholders’ rights and ensures fair treatment to the The Bank has a reference and clearly states the rights of shareholders in the
shareholders, including the minority shareholders. All GCG Manual which is reviewed regularly and uploaded to the Bank’s website.
shareholders have the opportunity to receive effective
compensation for violations of their rights.
Principle 8: Stakeholders’ Rights
Company accepts the rights of the stakeholders established Applied
under prevailing laws and regulations or an agreement Recognition of the rights of stakeholders is evidenced in the Bank’s GCG
consented by the company and encourages active Manual and Code of Ethics. The GCG Manual occupies the highest position in
cooperation with stakeholders in generating wealth, the hierarchy so that it should be the basis for every policy and procedure of
employment, and financially sound business sustainability. the Bank. Meanwhile, the code of ethics serves as a guide for each member
of the Board of Commissioners, Board of Directors, Independent Parties, and
Employees in carrying out their daily duties and responsibilities.
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Good Corporate Governance
Legal Basis
of Implementation
In implementing GCG principles, SMBC Indonesia is • Operational Policy of the Bank
guided by prevailing laws and regulations, among others The Bank’s Operational Policy is the provisions
are as follows: that regulates any activity in the Bank’s reflecting
1. Law Number 11 of 2020 concerning Job Creation the Bank’s risk management strategy, including
which amends, deletes, or establishes new generally explaining the Bank’s risk appetite on
arrangements for several provisions regulated in: such activity.
a. Law No. 40 of 2007 on Limited Liability
Companies; The Bank’s Operational Policy shall cover the Board
b. Law Number 10 of 1998 concerning of Directors Manual, the Board of Commissioners
amendments to Law Number 7 of 1992 Manual, Charter of Committees and provision with
concerning Banking. bankwide scope or any provisions that is required
2. OJK Regulation (POJK) No. 17 of Year 2023 by a statutory provision to be treated as a Policy of
regarding Governance Implementation for the Bank.
Commercial Banks which replaced POJK No. 55/
POJK.03/2016. • Standard Operational Procedures
3. OJK Circular Letter No. 14/SEOJK.03/2025 Standard Operational Procedures (SOP) is the
regarding Governance Implementation for guidelines that regulates in detail the process and
Commercial Banks. explains the stages of a structured and systematic
4. POJK No. 21/POJK.04/2015 on the Implementation activity that must be carried out, including: who,
of Public Company Governance Guidelines. how, where, when and the control mechanism.
5. Other POJKs, including those that regulate the This arrangement must strictly apply the four
Audit Committee, Remuneration and Nomination eyes principle function, adequate internal control
Committee, the Board of Commissioners and the function and must refer to the policy.
Board of Directors, implementation of General
Meeting of Shareholders, Internal Audit, Public • User Manual/Technical Guidelines/Implementation
Accountant as well as Compliance Director and Guidelines/other equivalent documents
Corporate Secretary. User Manual or Technical Guidelines or
6. Indonesian Corporate Governance Guidelines Implementation Guidelines is:
(PUG-KI) 2021 issued by the National Committee on 1. The stages/method of use of a system/
Governance Policy. application explaining in details the data input
7. Articles of Association of the Bank. method on every screen and field, or
8. Policies and Procedures of the Bank. 2. More detailed guidelines of the SOP for users,
both operators and supervisors, or
Bank’s policies and procedures are grouped in a policy 3. Arrangement on a standard parameter existing
hierarchy that consists of the following: in the system, or
• Main Policy of the Bank 4. Brief guidelines used as aid for explaining
The Bank’s Main Policy is the main or parent policy products and services to Customers, and
of all of the Bank’s policies, which are policies 5. Established with reference to the relevant SOP.
related to governance as well as other strategic
matters that affecting the implementation of the
Bank’s management in a well manner and shall be
the basic principles guidelines for all existing and
applicable provisions in SMBC Indonesia.
The Bank’s Main Policy is the Governance Manual
and the Integrated Governance Manual.
274 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Objectives of GCG
Implementation
For the Bank, the implementation of GCG is highly The importance of GCG implementation in Indonesia,
significant and is pursued with the following objectives: particularly within the banking and capital market
1. To support the sound, prudent, and sustainable industries, is strongly supported by the Government
management of the Bank. through a series of laws and regulations aimed at
2. To enhance the quality of decision-making by the promoting transparency, accountability, and fairness/
Board of Directors and the Board of Commissioners. equity in corporate governance.
3. To ensure the effectiveness of risk management,
compliance, and internal control functions. In addition, the Bank elevates its level of compliance
4. To protect the interests of shareholders and other in GCG implementation by referring to regional
stakeholders. standards, benchmarking against the ASEAN Corporate
5. To strengthen the confidence of regulators, Governance Scorecard (ACGS), with the aim of
investors, and the public in the Bank. strengthening the significance and consistency of its
6. To align the Bank’s governance practices with GCG implementation within the regional landscape.
national and regional best practice.
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Good Corporate Governance
GCG
Structure
Until the end of the 2025 fiscal year, the GCG structure effective in SMBC Indonesia is as follows:
General Meeting of Shareholders
Board
Board of Commissioners President Director
of Directors
Risk Management
Audit Committee Internal Audit
Committee
Asset and Liabilities
Risk Monitoring Committtee
Committeee
Remuneration & Nomination
Credit Committee
Committee
Integrated Governance
Credit Policy Committee
Committee
Non-Financial Risk
Management Committee
Information Technology
Steering Committee
Human Resources Committee
Fraud Committee
Sustainability Committee
Integrated Risk Management
Committee
Corporate Secretary Compliance Risk Management
Assessment of GCG
Implementation in 2025
The assessment of GCG implementation at the Bank this means the Bank’s GCG practices exceed those
was conducted with the assistance of an independent required by Level 1 (ACGS Structure) and is a leading
consultant as well as through a self-assessment. issuer (Leader) in implementing GCG based on the ACGS
standard in Indonesia.
The assessment by the independent consultant was
conducted with reference to the ASEAN Corporate The self-assessment was carried out using working
Governance Scorecard (ASEAN CG). For the 2024–2025 papers in accordance with Financial Services Authority
implementation period, the Bank achieved a score Circular Letter (SEOJK) No. 14/SEOJK.03/2025
of 107.15 point which falls within the “Leadership in concerning the Implementation of Corporate
Corporate Governance.” category or Level 5 (>100).,
276 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Governance for Commercial Banks. As of 31 December The ASEAN CG assessment is categorized as follows:
2025, the self-assessment result rating of 2 (on a scale Level 1 – Core Assessment
of 1 to 3). 1. Rights of Shareholders
2. Equitable Treatment of Shareholders
Rating of 2 (two) reflects that the management has 3. Role of Stakeholders
conducted the implementation of GCG generally 4. Disclosure and Transparency
well. This is reflected in adequate fulfillment of 5. Responsibilities of the Board
GCG’s principles. If there is any weakness in the
implementation of GCG’s principles, then in general Level 2 – Bonus and Penalty
the shortcoming is not significant, and revision can be Bonuses are awarded where GCG practices exceed
resolved by the management in a normal course. minimum standards, demonstrate strong ESG and
sustainability practices, and reflect leadership practices
The assessment processes under both methods are within the relevant industry or area.
described below.
Penalties are imposed in the event of significant
regulatory sanctions, material fraud cases or governance
GCG ASSESSMENT BASED ON THE ASEAN failures, as well as serious violations of GCG principles.
CORPORATE GOVERNANCE SCORECARD
As part of its commitment to enhancing the quality SELF-ASSESSMENT OF GCG
and objectivity of GCG implementation, the Bank IMPLEMENTATION
appointed an independent external party to conduct
a GCG assessment using the ASEAN Corporate The implementation of the self-assessment refers to
Governance Scorecard (ASEAN CG) as the benchmark. Financial Services Authority Regulation (POJK) No. 17
This initiative reflects the Bank’s commitment to aligning of 2023, which replaces POJK No. 55/POJK.03/2016,
its governance practices with regional standards as well as Financial Services Authority Circular
and international best practices, while strengthening Letter (SEOJK) No. 14/SEOJK.03/2025 concerning
transparency and accountability. the Implementation of Corporate Governance for
Commercial Banks, which replaces SEOJK No. 13/
The ASEAN CG is an assessment tool developed by SEOJK.03/2017.
the ASEAN Capital Markets Forum (ACMF) to evaluate
the corporate governance practices of publicly listed Implementation of the Assessment
companies in ASEAN member countries. The self-assessment of GCG implementation was
coordinated by the Corporate Secretary Division,
The ASEAN CG evaluates companies based on various in collaboration with the Compliance Division, Risk
indicators aligned with international best practices in Management Work Unit, Internal Audit Unit, Financial &
corporate governance. A high score indicates that a Planning Division, Corporate Communications & DAYA
company has strong governance practices, thereby Division, Anti Financial Crime Division, and the Human
enhancing investor confidence and contributing to the Resources Division.
stability and growth of capital markets in the region.
The most recent update to the ASEAN CG was issued in Assessment Criteria
2024. The assessment criteria, in accordance with OJK
regulations, encompass the following:
Assessor 1. Governance Structure
Indonesian Institute for Corporate Directorship (IICD) 2. Governance Process
3. Governance Outcome
Assessment Criteria The implementation of the above 3 (three)
The ASEAN CG assessment instrument is developed indicators is evaluated based on the following
based on internationally recognized corporate aspects:
governance principles, particularly those issued by a. Implementation of the duties, responsibilities,
the OECD and the International Corporate Governance and authorities of the Board of Directors;
Network (ICGN). In the latest version of the ASEAN CG b. Implementation of the duties, responsibilities,
assessment instrument, greater emphasis is placed and authorities of the Board of Commissioners;
on governance practices relating to environmental, c. Completeness and implementation of the
sustainability, and resilience issues, which have become duties of Committees;
key areas of focus for businesses in conducting their d. Management of conflicts of interest;
operations. e. Implementation of the Bank’s compliance
function;
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Good Corporate Governance
Assessment of GCG Implementation in 2025
f. Implementation of the internal audit function; implementation of Good Governance principles, to
g. Implementation of the external audit function; produce outcomes that meet the expectations of
h. Implementation of the risk management the Bank’s stakeholders.
function, including the internal control system;
i. Provision of remuneration; The Bank’s governance structure includes the Board
j. Provision of funds to related parties and large of Directors (“BOD”), the Board of Commissioners
exposures; (“BOC”), committees, and work units. The Bank’s
k. Integrity of reporting and information governance infrastructure includes, among
technology systems; other things, the Bank’s policies and procedures,
l. The Bank’s strategic plan; management information systems, and the
m. Shareholder aspects; primary duties and functions of each organizational
n. Implementation of the anti-fraud strategy, structure.
including anti-bribery measures; a. The governance structure including the
o. Implementation of sustainable finance; and implementation of the duties, responsibilities
p. Implementation of governance within the and authorities of BOD and BOC has been
Bank’s Business Group (KUB). stipulated in the Articles of Association,
Governance Manual, BOD and BOC Manual, as
Assessment Results well as the Bank’s Policies and Procedure which
The result of the self-assessment on GCG has been prepared according to prevailing
implementation for the position as of 31 December regulations and reviewed periodically.
2025 was a “2” rating with a “ Good” category, applied to b. The incumbent members of BOD and BOC
both the individual Bank and in consolidation. have obtained approval from General Meeting
of Shareholders (“GMS”) and passed the fit
Results of Self-Assessment on Governance and proper test of Financial Services Authority
Implementation for the position as of 31 December (“OJK”), therefore they are legally authorized to
2025. act
c. Duties, responsibilities and authorities of each
Rating Definition of Rating member of BOD have been clearly stipulated
and approved through the Resolution of BOD
Individual 2 Good
Meeting regarding Segregation of Roles and
Consolidated 2 Good
Responsibilities among BOD members and in
each Policy and Procedure of the Bank.
Analysis d. To support duties and responsibilities, BOD
Rating of 2 (two) reflects that the management has is assisted by the Committees namely Risk
conducted the implementation of GCG generally Management Committee, Credit Policy
well. This is reflected in adequate fulfilment of Committee, IT Steering Committee, Asset and
GCG’s principles. If there is any weakness in the Liability Committee (ALCO), Credit Committee,
implementation of GCG’s principles, then in general Human Resources Committee, Fraud
the shortcoming is not significant, and revision can be Committee, Sustainability Committee, Non-
resolved by the management in a normal course. Financial Risk Committee and Integrated Risk
Management Committee.
The conclusion of the assessment of corporate e. The completeness and implementation of
governance implementation at PT Bank SMBC Indonesia the duties of BOD Committees have been
Tbk (the “Bank”), taking into account governance regulated in the Charter of each committee,
assessment factors in a comprehensive and structured which is always reviewed periodically, to ensure
manner, is as follows: it is relevant to the applicable regulations.
f. All members of BOD and BOC have committed
A. Governance Structure to keep their integrity, financial reputation and
competence.
Positive factors under the Bank’s governance g. Majority of BOD members (including the
structure aspect: President Director and Compliance Director),
The Bank’s governance structure and infrastructure Independent Commissioners and Independent
are considered quite good in supporting the Parties of the Bank are independence from the
278 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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management, family relationships, financial is conducted with consideration to the
relations of the Bank and the Bank’s controlling recommendations of the Audit Committee and
shareholders as stated in statement letter for approved by the Annual GMS on 22 April 2025.
position as of 31 December 2025. p. The Bank has a Risk Management Policy, Credit
h. 1 (one) of Independent Commissioner who Policy, LLL Procedure, Business Operational
have served more than two terms of office Procedure including monitoring and
have received assessments from the Head procedures for handling non-performing loans
of the Human Resources, the Head of the for all lending including related parties.
Internal Audit, recommendations from the q. The Bank owned and has implemented
Remuneration and Nomination Committee governance in providing remunerations for
and conveyed her independence status to the members of BOD, members of BOC and the
Annual GMS on 22 April 2025. Bank’s employees as stipulated in Human
i. To support duties and responsibilities, BOC Resources Policy.
is assisted by committees namely Audit r. The Bank has policies and procedures
Committee, Risk Monitoring Committee, regarding procedures for implementation of
Remuneration and Nomination Committee and transparency in financial and non-financial
Integrated Governance Committee. conditions, and in order to strengthen the
j. The completeness and implementation of the governance and internal control in the financial
duties of BOC Committes have been regulated reporting process, the Bank has taken steps
in the Charter of each committee, which is to comply with the OJK Regulation Number 15
reviewed periodically to ensure relevance to Year 2024 regarding the Integrity of Financial
applicable regulations Reporting of the Bank, including established
k. The Bank has established a Policy and Non-Financial Risk Committee and updating
Procedures on conflicts of interest and the relevant policies and procedures.
related party transaction, which is periodically s. The Bank has prepared the GCG
reviewed. The latest update regulates conflict Implementation Report at the end of each
of interest in detail, related to Chinese wall and financial year, latest for financial year of 2024
above the wall. and has been published on 27 March 2025.
l. The Compliance Unit is supported by qualified t. Internal reporting has been carried out in
human resources and is independent from the a complete, accurate, and timely manner
operations of other working units, functions with the support of adequate resources and
and compliance working system has been procedures.
clearly stipulated in the relevant Policy and u. The Bank is furnished by a reliable information
Procedure. In addition, the appointment of system which is supported by competent
the Compliance Director has complied with human resources and adequate information
prevailing regulations. technology including security system.
m. The internal audit function is supported by v. The Bank has the Recovery Plan which is
qualified human resources and independent updated annually and approved by the General
from the operations of other working units. The Meeting of Shareholders.
structure of Internal Audit Working Unit (SKAI) w. The Bank has a dividend policy that aims to
and SKAI Working Guidelines has complied with ensure that the management of shareholders’
prevailing regulation. rights in implementing dividend distribution is in
n. The organization structure to support the accordance with the Governance Manual of the
implementation of risk management and Bank and in accordance with applicable laws
internal control is adequate. which is supported and regulations while still taking into account
by policies, as well as sufficient procedures and the interests of the Bank.
risk limits set up. x. The Bank’s strategic plan has been formulated
o. Public Accountant (AP) and the Public in the Corporate Plan and Business Plan in
Accountant Office (KAP) has been appointed accordance with the Bank’s vision and mission,
as the executors of the external audit function and to be supported by the Bank’s Shareholder.
by considering their capacity, legality of the y. The Bank has sufficient organization
working agreement, audit scope, professional structure and has policy and/or manual on
accounting standards of public accountants the implementation of anti-fraud strategy
and communication between OJK with the said to support the implementation of anti fraud
KAP has been done properly. The assignment strategy according to OJK regulation.
of AP and KAP for the financial year of 2025 z. The Bank owned policy and sufficient anti
bribery management system.
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Good Corporate Governance
Assessment of GCG Implementation in 2025
aa. The Bank owned Sustainability Policy that b. Management of the Bank by BOD as well
regulates the implementation and business as the Oversight of BOD by BOC have been
practices that are in line with environmental, performed in accordance with its duties and
social and governance values. responsibilities as stipulated in the respective
bb. With reference to Decision of the Members Charter, the Bank’s Policies and Procedures,
of the OJK Board of Commissioners Number and the Bank’s Articles of Association, which are
KEP-6/KS.1/2025 dated 24 June 2025 periodically reviewed by the Bank.
which was delivered with OJK letter Number c. The whole GCG implementation has been
SR-11/KS.13/2025 dated 8 July 2025, OJK completely carried out by BOD and concurred
has approved the appointment of the Bank by BOC.
as an Operational Financial Conglomerate d. BOD appoints the Committee members of BOC
Holding Company (FCHC) in SMBC Financial based on the Resolution of BOC.
Conglomerate (SMBC FC) with the structure e. BOC allocate adequate time in order to perform
namely PT Bank SMBC Indonesia Tbk as FCHC, their duties and responsibilities in carrying out
PT Bank BTPN Syariah Tbk, PT BTPN Syariah independent supervisory including conducting
Ventura, PT Oto Multiartha and PT Summit Oto regular visits to the Bank, holding BOC
Finance as members of SMBC FC. In order to meetings at least 1 (one) time in 2 (two) months
implement the said OJK Regulation, the Bank and holding joint meetings with the Board of
has amended the Articles of Association as Directors at least 1 (one) time in 4 months.
stipulated in the Deed of Resolution of Annual f. The Bank’s Shareholders do not intervene in
General Meeting of Shareholders No. 27 dated the management of the Bank performed by
14 July 2025, made by Ashoya Ratam, SH, the BOD in line with the implementation of
MKn, Notary in Administrative City of South the GCG principles. The Bank has established
Jakarta as well as accepted and registered a policy and procedure as well as conducted
by the Ministry of Law of the Republic of periodically review on Communication Line
Indonesia through the Decree Number AHU- Policy between the Bank and the controlling
AH.01.03-0187261 dated 17 July 2025. shareholder of the Bank, Sumitomo Mitsui
cc. The Bank owned policy for implementing Banking Corporation (“SMBC”). On the
coordination and evaluation related to the other hand, the Bank also regulates the
implementation of governance in the Financial communication line with its subsidiaries which
Conglomerate, namely the Integrated are regularly reviewed by the relevant divisions.
Governance Manual which is reviewed g. Each BOC Committee has performed its duties
periodically. and responsibilities in accordance with the
Committee’s Charter. For the improvement of
Negative factors under the Bank’s governance the Committees performance, the Committee
structure aspect: has conducted self assessment on the
There are no negative factors identified. committee’s performance and submitted to
BOC Meeting, which is then discussed in order
B. Governance Process to improve the performance of the committee.
Assessment is also carried out on independent
Positive factors under the Bank’s governance committee members individually, to assess
process aspect: the capacity and independence of each
The process of implementing the principles of independent party.
Good Governance is considered effective, as h. The Audit Committee monitors and evaluates
it is supported by the adequacy of the Bank’s the planning and implementation of audits by
governance structure and infrastructure, resulting in regulators, internal and external auditors and
outcomes that meet the expectations of the Bank’s then provides recommendations to BOC.
stakeholders. i. Risk Monitoring Committee has assisted
a. The replacement and/or appointment of BOD BOC to better accomplish its roles and
and BOC members is carried out based on the responsibilities in active supervision of Bank’s
Bank’s primary interests by taking into account Risk Management.
the recommendation of the Remuneration and
Nomination Committee and obtaining the GMS
approval.
280 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 283
j. BOD and BOC always uphold their p. The Bank has periodically evaluated and
commitment to maintaining their integrity, updated its policies. systems and procedures
financial reputation, competency, and to comply with the prevailing regulations.
independency. BOD and BOC members do The Bank has also ensured the adequate
not participate in the decision making process processes for the provision of funds to related
which involves a Conflict of Interest. To manage parties and the provision of large amounts
transaction which contain a Conflict of Interest, of funds (large exposure) to comply with the
each party shall assess the transaction that prudential banking principles as well as making
will be entered by the Bank and a party which decisions regarding these matters carried
potentially has conflict of interest with BOD out independently without intervention from
and BOC. Therefore, the List of Related Parties related parties and/or other parties.
of the Bank can be easily accessed by the q. The Bank implements portfolio diversification
respective party. of its funding through several Business Units,
k. The function of the Compliance Director and which distribute a variety of facilities to both
the compliance working unit have been carried individual and corporate customers, for both
out in accordance with prevailing regulation. productive and consumptive purposes.
l. The duties and responsibilities of the Directors r. The Bank has transparently disclosed the
in relation to internal control has complied with financial and non-financial conditions to the
prevailing regulation. The audit findings have Stakeholders, and submitted the reports as
been followed up with the direction of BOC, and required by the prevailing regulation in a timely
to improve the effectiveness of the Internal manner.
Audit works. Review of the effectiveness of s. The Bank’s Business Plan for 2025-2027 and
Internal Audit activities has been performed its changes have been prepared by BOD in a
in 2025 by PwC Indonesia which is an realistic, comprehensive, achievable manner,
independent assessor. The result of the review taking into account the prudential principles,
is “Generally Conform”. Report on the Review and has sufficient flexibility so that it is
of the Internal Audit Functions for the Period of responsive to internal and external changes
1 July 2022 - June 30, 2025 conducted by the and has been approved by BOC.
Public Accounting Firm Rintis, Jumadi, Rianto t. The Bank has prepared and implemented
& Rekan (“KAP PWC”) has been submitted to an anti-fraud strategy based on POJK No.
the Financial Services Authority (OJK) in August 12/2024 concerning the Implementation of
2025. The next review will be carried out in Anti-Fraud Strategies for Financial Services
2028. Institutions by taking into account internal
m. The appointed AP and KAP are able to and external environmental conditions, the
work independently, meet the professional complexity of business activities, types and
standards of public accountants and working risks of fraud, and the adequacy of required
agreements as well as the specified audit resources.
scope. u. SMBC Indonesia integrates environmental and
n. The Board of Commissioners has carried out social aspects into banking business activities,
supervision of the implementation of the both in terms of lending and funding.
remuneration policy and conducted periodic v. In connection with the Bank’s appointment as
evaluations of the Bank’s remuneration policy. a FCHC, the Bank is currently reviewing the
o. The duties of BOD and BOC related to the relevant policies and procedures and preparing
application of risk management are clearly anticipatory measures in response to the
stated in internal procedures in accordance OJK’s plan to issue new regulations regarding
with prevailing regulation and have been integrated governance. The Bank will further
implemented prudently. BOD and BOC oversee elaborate on this in a separate integrated
and ensure the implementation of credit policy governance assessment report.
to support sound credit provision, including
the management of country risk and transfer Negative factors under the Bank’s governance
risk. The Bank also coordinates with the Global process aspect:
Group in implementing risk management for There are no negative factors identified under this
country risk and transfer risk. aspect.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 281
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Good Corporate Governance
Assessment of GCG Implementation in 2025
C. Governance Outcome i. The Bank has implemented risk management
effectively. Bank soundness level both in
Positive factors under the Bank’s governance individual and in consolidation is at level 2 for
outcome aspect are as follows: several periods consisting of an assessment
a. The performance of BOD and BOC Supervisory of inherent risk and the quality of risk
report has been set out in the Annual Report management implementation (with a risk
for financial year 2024, which has been profile level 2).
submitted to the Annual GMS on 22 April 2025, j. The Board of Directors and the Board
which has approved to ratify the accountability of Commissioners, through the Risk
report as well as accepted and granted acquit Management Committee, Credit Committee,
et de charge for BOD and BOC who served in and Credit Policy Committee, supervise
financial year 2024. Accountability of BOD for the implementation of risk management
the implementation of its duties and the BOC policies and strategies, including those
supervisory report for 2025 will be submitted related to country risk and transfer risk, as
to shareholders through the Annual GMS which well as the management of non-performing
will be held in 2026. assets, provisions, and reserves in credit risk
b. BOD and BOC Minutes of Meeting have management.
been well documented and decisions or k. In providing remuneration, the Bank always
recommendations resulting from the Meetings considers prudent risk taking.
have been or are in the process of being, l. Provision of funds to related parties and the
followed up. large amounts of exposure has complied
c. All members of BOD have disclosed share with the prevailing regulation, and has been
ownership, family and financial relationships as reported in a timely manner to OJK.
well as remuneration and other facilities in the m. The obligation to prepare reports and submit
governance implementation report which is reports to OJK has performed with the content
part of the Bank’s Annual Report. as required by the prevailing regulation.
d. BOC Committee’s performance has been n. The revision of the RBB for 2025-2027 have
improved from the subject of discussion, the been prepared by the Board of Directors and
increased frequency of the meeting with more approved by the Board of Commissioners, and
relevant meeting material, so BOC may provide submitted to the OJK on 26 June 2025.
appropriate input. o. As commitment to GCG implementation, the
e. The Bank’s operational activities are free Bank has appointed a consultant to conduct an
from the intervention of shareholders/related assessment or review of GCG implementation
parties/other parties which may cause a using benchmarking guidelines in the
conflict of interest or incur loss to the Bank or Southeast Asia region. The Bank’s overall score
reduce the profit of the Bank. for GCG implementation in 2024 (ASEAN CG
f. The Compliance culture continues to be Scorecard 2025) was 107.15 points, with the
promoted and actively conducted. title “Leadership in Corporate Governance” or
g. In line with the commitment in the Governance at Level 5 (>100). This assessment indicates
Policy related to compliance with the that the Bank’s GCG practices have exceeded
applicable Laws and Regulations, every the performance requirements of Level
decision-making and operational activities 1 Assessment (ACGS Structure) and are
of the Bank always refer to the prevailing considered a leading public listed company
regulations. (Leader) in GCG implementation based on
h. Internal Audit perpetually maintains the the ASEAN Corporate Governance Scorecard
objectivity/independency in performing (ACGS) standards.
audit function. All audit scope and findings
are periodically reviewed in Audit Committee
meetings.
282 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 285
p. As a form of commitment to Transparency These measures include:
and Governance, on December 8, 2025, 1. Strengthening the effectiveness of governance
the Bank won an award at the 2024 Annual organs, including the Board of Directors, the Board
Report Award event organized by the National of Commissioners, and supporting committees, to
Committee for Governance Policy. ensure optimal supervision and management of the
q. On 28 November 2025, the Bank achieved Bank, including the preparation and periodic review
a platinum rating in the Asia Sustainability of the GCG Manual, the Board of Directors Manual
Reporting Rating 2024 event organized by and the Board of Commissioners Manual and their
the National Center for Corporate Reporting supporting Committees, as well as the Bank’s
and the Institute of Certified Sustainability Policies and Procedures.
Practitioners as a form of appreciation for 2. Enhancing reporting integrity, in line with the
companies and organizations from within implementation of POJK 15/2024, through
and outside the country that are considered strengthening data governance, reporting systems,
to have excellence in sustainability reporting and assurance functions.
and prove a commitment to best practices in 3. Strengthening integrated governance, in
sustainability governance. accordance with the Bank’s role as FCHC, to ensure
r. On 12 December 2025, the Bank received consistent implementation of risk management,
the 2025 Sustainable Business Integrity compliance, and internal control across all entities
Index award from TEMPO Data Science for within the financial conglomerate.
the implementation of ESG principles and 4. Reinforcing a culture of integrity and compliance,
commitment to improving business integrity. including the management of conflicts of interest
and the prevention of fraud.
Negative factors under the Bank’s governance 5. Integrating sustainability aspects into governance
outcome aspect are as follows: practices to support balanced and responsible long-
There are still fines imposed by the regulators term growth.
towards the late submissions and/or errors in
the regulatory reports. In response, the Bank
continuously conducts socialization on its THE IMPLEMENTATION OF GOVERNANCE
commitment to achieve “Zero Penalties” and GUIDELINES OF PUBLIC COMPANIES
fosters a more proactive compliance culture. The
Bank also conducts the Root Cause Analysis on all In accordance with the Financial Services Authority
the imposed fines and implement follow-up actions, Regulation (POJK) No. 21/POJK.04/2015 and Circular
including preventive and corrective measures to Letter of the Financial Services Authority (SEOJK) No.
mitigate the recurrence of similar issues as much as 32/SEOJK.04/2015 on Governance Guidelines of Public
possible. Companies, the following is the implementation of
corporate governance aspects and principles based on
the approach of “comply or explain” by the Bank:
REVIEW OF GCG IMPLEMENTATION IN
2025 Disclosure of the Implementation of Public Company
Corporate Governance Guidelines
The Bank has always endeavored to improve the
implementation of GCG principles from year to year.
During 2025, the Bank took several significant steps
with the aim of aligning its operations with global
standards as part of the SMBC financial group, namely
those related to improving the quality of transparency,
and ensuring sustainable growth.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 283
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Good Corporate Governance
Assessment of GCG Implementation in 2025
Principle Recommendation Compliance Implementation
Principle 1 1.1 Public company has technical Comply Technical procedures for voting are stipulated in the
Improve the Value of procedures for open and closed voting, Bank’s Articles of Association and guidelines each
the GMS which prioritizes independence and time the Bank plans to have a General Meeting of
shareholders’ interests. Shareholders. Both documents were published on
the Bank’s website and KSEI’s e-proxy platform.
1.2 All members of the Board of Directors Comply The Annual General Meeting of Shareholders
and the Board of Commissioner of was held on April 22, 2025, and was attended
Public Listed Company are present at by all members of the Company’s Board of
the Annual GMS. Commissioners and the Board of Directors,
physically or virtually.
1.3 The summary of the GMS minutes Comply The summary of the GMS minutes of meeting is
of meeting is available on the Public available on SMBC Indonesia’s website.
Listed Company’s website for at least
one year
Principle 2 2.1 Public Companies have the policy on Comply SMBC Indonesia has a communication policy with
Enhance the Quality communication with the shareholders shareholders or investors that covers the following
of Communication or investors. matters:
of Public Companies 1. Strategy
with Shareholders or 2. Program
Investors 3. Time for communication
2.2 Public Companies discloses Comply The policy on communication with shareholders
its communication policy with is disclosed on the Bank’s website. The
shareholders or investors through the communication policy is stipulated under the
website Corporate Governance Manual.
Principle 3 3.1 Determining the number of members Comply Determining the number of members of the Board
Strengthen the of the Board of Commissioners takes of Commissioners by considerations of the need
Membership and into account the condition of the and complexity of the Bank.
Composition Public Company
of the Board of
Commissioners 3.2 Determining the composition Comply The composition of the Board of Commissioners
of members of the Board of is based on the expertise, professional experience,
Commissioners with attention to the background to support the effectiveness of duties
various expertise, knowledge, and implementation of the Board of Commissioners.
experience needed
Principle 4 4.1 The Board of Commissioners has the Comply SMBC Indonesia has the self-assessment policy
Enhance the Quality policy on self-assessment to evaluate to evaluate the performance of the Board of
of Duties and the performance of the Board of Commissioners, covering the following matters:
Responsibilities Commissioners. 1. Purpose and objectives of activities and
Implementation assessment
of the Board of 2. Time of implementation
Commissioners 3. Benchmark or criteria used in assessment
The policy is stipulated in the Charter of the
Remuneration and Nomination Committee.
4.2 Self-assessment policy to evaluate Comply The self-assessment policy is stipulated in the
the performance of the Board of Charter of the Remuneration and Nomination
Commissioners, disclosed through the Committee, and disclosed in this 2025 Annual
Annual Report of the Public Company Report in the section of Performance Assessment
of the Board of Commissioners.
4.3 The Board of Commissioners has Comply Provisions related to the resignation of members of
the policy related to the resignation the Board of Commissioners if involved in financial
of members of the Board of crime is stipulated in the Board of Commissioners’
Commissioners if involved in financial Manual.
crime.
4.4 The Board of Commissioners Comply The succession policy in the nomination process
or Committees in charge of the of members of the Board of Directors is stipulated
Nomination and Remuneration in the Charter of Remuneration and Nomination
function prepares the succession Committee.
policy in the nomination process of
members of the Board of Directors
Principle 5 5.1 Determining the number of members Comply Determining the number of members of the Board
of the Board of Directors with of Directors is based on considerations of the needs
consideration to the conditions of the and complexity of the Bank.
Public Company and the effectiveness
of the decision-making.
5.2 Determining the composition of Comply Composition of the Board of Directors is based
members of the Board of Directors on banking knowledge, expertise, professional
with attention to the various expertise, experience, background to support the
knowledge, and experience needed effectiveness of duties implementation of the
Board of Directors.
284 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Principle Recommendation Compliance Implementation
5.3 Members of the Board of Directors Comply SMBC Indonesia’s Finance Director has the
in charge of accounting or finance competency in accounting and finance, disclosed in
have expertise and/or knowledge in this 2025 Annual Report in the Profile of the Board
accounting of Directors section.
Principle 6 6.1 The Board of Directors has the policy Comply SMBC Indonesia has the self-assessment policy to
on self-assessment to evaluate the evaluate the performance of the Board of Directors,
performance of the Board of Directors. among others covering the following:
1. Purpose and objectives of activities and
assessment
2. Time of implementation
3. Benchmark or criteria used in assessment
The policy is stipulated in the Remuneration and
Nomination Committee Charter.
6.2 Self-assessment policy to evaluate the Comply The self-assessment policy is disclosed in this
performance of the Board of Directors 2025 Annual Report in the section on Performance
is disclosed through the Annual Report Evaluation of the Board of Directors.
of the Public Company
6.3 The Board of Directors has the policy Comply Provisions related to the resignation of members of
related to the resignation of members the Board of Directors if involved in financial crime
of the Board of Directors if involved in is stipulated in the Board of Directors’ Manual.
financial crime
Principle 7 7.1 Public Company has the policy to Comply Provisions on the prevention of insider trading is
Improve Corporate prevent insider trading. stipulated in the Procedures Regarding Insider
Governance Aspect Information and Personal Account Dealing &
through Stakeholders Investment.
Participation
7.2 Provisions on the prevention of insider Comply SMBC Indonesia retains the procedures on
trading is stipulated in the Procedures Insider Information and Personal Transactions &
for Ownership of Price Sensitive Investments that regulate the prevention of insider
Information, Investment Transaction trading, Ownership of Sensitive Information on
and Private Ownership Price, Investment Transaction and Private
Ownership.
7.3 Public Company has the policy on Comply The policy covers among others of the following:
the selection and improvement of 1. Criteria for selecting vendors
capabilities of suppliers or vendors 2. Efforts to improve the capabilities of vendors
3. Fulfillment of rights related to vendors
Provisions related to selection and improvement of
capabilities of suppliers or vendors are disclosed on
the Bank’s website
7.4 Public Company has the policy on the Comply The policy covers considerations in entering into
fulfillment of creditor’s rights agreements and follow-ups in meeting obligations
to creditors. The policy is disclosed on the Bank’s
website.
7.5 Public Company has the policy on Comply The policy on the whistleblowing system includes
whistleblowing system the following:
1. Types of violation that can be reported through
the whistleblowing system.
2. Means of reporting.
3. Protection and guaranteed confidentiality of the
whistleblower.
4. Complaints handling
5. The party in charge of handling complaints.
6. Results and follow-up of reports.
This policy is disclosed on the Bank’s website.
7.6 Public Company has the policy on Comply The policy on long-term incentives for the Board of
providing long-term incentive to the Directors and Employees is stipulated in the MESOP
Board of Directors and employees (Management of Employee Stock Option) SOP.
Principle 8 8.1 Public Company makes use of Comply SMBC Indonesia’s official social media accounts:
Improve information technology in wider range Facebook : SMBCI
Implementation of as the media to information disclosure. Twitter : @smbc_indonesia
Information Disclosure Youtube : @smbc.indonesia
LinkedIn : PT Bank SMBC Indonesia Tbk
Instagram : @smbc.indonesia
8.2 Annual Report of Public Company Comply Bank’s Annual Report disclosed the ultimate
discloses the ultimate beneficial owner beneficial owner in the ownership of Public
in Public Company’s share ownership Company’s shares of at least 5%. Information on
of at least 5%, in addition to disclosing this is also disclosed on the Bank’s website.
the ultimate beneficial owner in Public
Company’s share ownership through
major and controlling shareholders
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 285
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Good Corporate Governance
General Meeting
of Shareholders (GMS)
LEGAL BASIS 4. Each shareholder is subject to submission and
The General Meeting of Shareholders (GMS) is the compliance with the Bank’s Articles of Association
Company’s organ bearing all authorities not delegated as well as prevailing laws and regulations.
to the Board of Commissioners and the Board of 5. Controlling shareholders are obligated to take into
Directors. Through the GMS, Shareholders extend their account the interests of minority shareholders and
rights in decision-making. other shareholders in accordance with prevailing
laws and regulations.
Based on the Bank’s Articles of Association, there are 2 6. Minority shareholders are responsible for using
(two) types of GMS, the Annual GMS namely the Annual their rights in accordance with prevailing laws and
GMS and other GMS, referred to as Extraordinary GMS. regulations and the Bank’s Articles of Association.
The legal basis for extending GMS refers to the following: 7. To disclose the list of related parties, if the
1. Law No. 40 of Year 2007 on Limited Liability shareholder acts as the controlling shareholder of
Companies. the Bank.
2. Financial Services Authority Regulation No. 15/
POJK.04/2020 on the Plan and Implementation
of the General Meeting of Shareholders of Public EQUITABLE TREATMENT OF
Companies. SHAREHOLDERS
3. Financial Services Authority Regulation No. 14 of
2025 concerning the Electronic General Meeting of The Bank duly considers the interests and rights of
Shareholders, General Meeting of Bondholders, and its shareholders, including the protection of minority
General Meeting of Sukuk Holders. shareholders. Such shareholders’ rights include, among
4. Articles of Association of PT Bank SMBC Indonesia others:
Tbk. 1. Receiving timely reports on the Bank’s financial
condition;
2. Obtaining resolution mechanisms in the event
RIGHTS AND RESPONSIBILITIES OF shareholders disagree with the Bank’s activities and
SHAREHOLDERS corporate actions;
3. Exercising voting rights at the GMS; and
SMBC Indonesia provides fair treatment to all 4. Receiving dividends based on resolutions of
shareholders, in accordance with the mandate provided the GMS in accordance with prevailing laws and
through prevailing laws and regulations such as POJK regulations.
No. 17 of 2023 regarding Governance Implementation
for Commercial Banks. This policy is reflected through To support the protection of minority shareholders,
the descriptions on rights and responsibilities of the the Bank has established a communication policy that
Shareholders, among others, which include the following facilitates shareholders in consulting on the exercise
matters: of their rights. In addition, this serves as a means for
1. Shareholders have the rights to attend GMS, either shareholders to contribute to supporting the Bank’s
in person or represented by a power of attorney, to business sustainability.
respond to the GMS agenda as well as to participate
in the decision making in accordance with the
number of shares owned. GMS IMPLEMENTATION IN THE 2025
2. Shareholders have the rights to obtain accurate and FINANCIAL YEAR
adequate information on timely manner related to
the Company as long it is related to GMS agenda Throughout 2025, SMBC Indonesia convened 1 (one)
and not in conflict with the interest of the Company, General Meeting of Shareholders, namely 1 (one) Annual
so that shareholders may take accurate decisions General Meeting of Shareholders, which was held on 22
at the GMS. April 2025, and attended both physically and virtually
3. Shareholders have the rights to obtain net profit by the Shareholders, the Board of Commissioners and
share in the form of dividend and in other forms the Board of Directors.
profit-share in line with the number of shares
owned.
286 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 289
Mechanism of GMS Decision Making and on the ballot provided by the Securities Administration
Vote Count Bureau.
The mechanisms of making decisions, voting,
and counting the votes are regulated by the GMS The officer from the Notary will collect the filled-in
procedures as disclosed on the websites of the Bank ballots to be counted. The Notary reports the result
and PT Kustodian Sentral Efek Indonesia/Indonesian of the counting to the Meeting Chairman. During this
Central Securities Depository (KSEI). All such information GMS, the Bank also administers the implementation of
is conveyed to the Shareholders. electronic power of attorney or E-Proxy.
Each Shareholder or Proxy has the right to question
and/or extend an opinion to the Chairman of the Shareholders may vote on the proposed agenda items
meeting prior to the voting session for each meeting proposed by the Bank without physically attending
agenda. In vote counting, 1 (one) share provides the right the GMS venue. The opportunity to vote is provided
of the holder to extend 1 (one) vote. If a shareholder to shareholders from the invitation date of the notice
holds more than 1 (one) share, then the concerned until the GMS, and the votes cast will be counted with
shareholder shall have only 1 (one) vote that represents the votes from the shareholders physically present or
the total number of shares owned. attending the GMS venue.
The decision-making mechanism using open voting Involvement of Independent Parties In Vote
is conducted with the Meeting Chairman’s request for Counting
shareholders and proxies who vote against or abstain on In the implementation of the GMS, the Company has
the proposed recommendation to raise their hands. For appointed independent parties to calculate the quorum
easier vote counting, shareholders and proxies who vote and votes, namely Ashoya Ratam, SH, Mkn as Public
against or abstain on the proposed recommendation are Notary as well as PT Datindo Entrycom as the Securities
asked to state their names and the number of cast votes Administration Bureau.
Annual GMS: 22 April 2025
Stages of Implementation
No. Stages of Implementation Date
1. Submission of Notification for Meeting Plan 11 February 2025
2. Announcement 19 February 2025
3. Recording in the Register of Shareholders 26 March 2025
4. Invitation 27 March 2025 and 16 April 2025
5. Implementation 22 April 2025
6. Submission of Results 23 April 2025
Participants of the Annual GMS
Participants who attended the meeting in person are as follows:
Name Position
Board of Commissioners
Chow Ying Hoong President Commissioner
Takeshi Kimoto Commissioner
Ninik Herlani Masli Ridhwan Independent Commissioner
Onny Widjanarko Independent Commissioner
Edmund Tondobala Independent Commissioner
Marita Alisjahbana Independent Commissioner
Ongki Wanadjati Dana Commissioner
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 287
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Good Corporate Governance
General Meeting of Shareholders (GMS)
Name Position
Board of Directors
Henoch Munandar President Director
Kaoru Furuya Deputy President Director
Darmadi Sutanto Deputy President Director
Dini Herdini Compliance Director
Atsushi Hino Director
Keishi Kobata Director
Merisa Darwis Director
Hanna Tantani Director
Agenda, Resolution, and Realization of the Annual GMS
Agenda Resolution
Agenda 1
Ratification and Approval of 1. Approved the Annual Report of the Company’s Board of Directors for the 2024 financial year;
the Financial Statements and 2. Approved the Implementation of Good Corporate Governance (GCG) Report for the 2024 financial
Annual Report for the 2024 year;
financial year, including without 3. Approved the Annual Supervisory Report of the Board of Commissioners for the 2024 financial year;
limitation to: 4. Ratified the Company’s Consolidated Financial Statements for the 2024 financial year, which have
a. The Implementation been audited by the Registered Public Accountants Firm Siddharta Widjaja & Rekan, with fair opinion, in
of Good Corporate its report No. 00048/2.1005/AU.I/07/1212-3/I/II/2025 dated 28 February 2025; and
Governance Report; 5. Acquit and discharge (volledig acquit et de charge) to all members of the Board of Directors and
b. Supervisory Duties the Board of Commissioners for management and supervisory actions performed during the 2024
Report of the Board of financial year, to the extent such actions are reflected in the Annual Report and Financial Statements
Commissioners; and and in accordance with prevailing laws and regulations.
c. Release and Discharge
(volledig acquit et de
charge) of the members
of the Board of Directors
and the Board of
Commissioners serving for
the 2024 financial year.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 2
Determination on the Approved the appropriation of the Company’s Net Profit for the 2024 financial year amounting to
Appropriation of the Company’s Rp2,812,985,939,605.00 (two trillion eight hundred twelve billion nine hundred eighty-five million nine
Net Profit for the financial year hundred thirty-nine thousand six hundred five rupiah) as follows:
ended December 31, 2024. 1. Distributed to Shareholders in the form of dividends amounting to 20% of Net Profit or approximately
Rp562,597,188,162.00 (five hundred sixty two billion five hundred ninety seven million one hundred
eighty eight thousand one hundred sixty two rupiah) or approximately Rp52.846144577 (fifty two
point eight four six one four four five seven seven rupiah) per share (gross). Furthermore, authorized the
Board of Directors of the Company with substitution rights to determine the schedule and procedures
for the distribution of dividends for the 2024 financial year in accordance with applicable provisions;
2. Not allocated to mandatory reserves, considering that the minimum mandatory reserve requirement
as stipulated under the Limited Liability Company Law, being at least 20% (twenty percent) of the
Company’s issued and paid-up capital, has been fulfilled;
3. Determined that the remaining Net Profit for the 2024 financial year after deducting the Dividend
allocation shall be recorded as the Company’s Retained Earnings.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
288 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 291
Agenda Resolution
Agenda 3
Changes in the composition of 1. Reappointment
the Board of Directors of the (1) Reappointed HENOCH MUNANDAR as President Director of the Company;
Company. (2) Reappointed DINI HERDINI as Compliance Director of the Company;
(3) Reappointed ATSUSHI HINO as Director of the Company;
(4) Reappointed MERISA DARWIS as Director of the Company; and
(5) Reappointed HANNA TANTANI as Director of the Company;
Each for a term of office commencing from the closing of the Annual GMS in 2025 and ending at
the closing of the Annual GMS to be held in 2028, without prejudice to the right of the GMS or other
prevailing laws and regulations to dismiss them at any time prior to the expiration of their respective
terms of office.
2. Not Reappointed
(1) Accepted the statement of KAORU FURUYA not to be reappointed as Deputy President Director of
the Company;
(2) Accepted the statement of DARMADI SUTANTO not to be reappointed as Deputy President Director
of the Company; and
(3) Accepted the statement of KEISHI KOBATA not to be reappointed as Director of the Company;
Each effective as of the closing of the Annual GMS in 2025, and the Company hereby expresses its
highest appreciation for their dedication, contribution, and leadership during their tenure with the
Company.
3. New Appointments
(1) Appointed JUN SAITO as Deputy President Director of the Company, effective upon obtaining
complete work permit and limited stay permit;
(2) Appointed MICHELLINA LAKSMI TRIWARDHANY as Deputy President Director of the Company,
effective upon obtaining approval from OJK; and
(3) Appointed YUKI TERAYAMA as Director of the Company, effective upon obtaining complete work
permit and limited stay permit;
Each for a term of office ending at the closing of the Annual GMS to be held in 2028, without prejudice
to the right of the GMS or other prevailing laws and regulations to dismiss them at any time prior to the
expiration of their respective terms of office.
Accordingly, the composition of the Board of Directors of the Company as of the closing of the
Meeting is as follows:
Position Name
President Director Henoch Munandar
Deputy President Director Jun Saito*
Deputy President Director Michellina Laksmi Triwardhany**
Compliance Director Dini Herdini
Director Atsushi Hino
Director Yuki Terayama***
Director Merisa Darwis
Director Hanna Tantani
* Jun Saito shall be effective upon obtaining complete work permit and limited stay permit.
** Michellina Laksmi Triwardhany shall be effective upon obtaining approval from OJK.
*** Yuki Terayama shall be effective upon obtaining complete work permit and limited stay permit.
4. Granted authority and power to the Board of Directors of the Company to determine the effective date
of the appointments of JUN SAITO, MICHELLINA LAKSMI TRIWARDHANY and YUKI TERAYAMA, after all
requirements have been fulfilled, without requiring further GMS resolution.
5. Granted full power and authority to the Board of Directors of the Company with substitution rights to
restate the resolutions of the Third Agenda into a Notarial deed and to submit all related documents to
the competent authorities, including but not limited to the Ministry of Law and Human Rights, and for
such purpose to take necessary actions in accordance with the Company’s Articles of Association and
the prevailing Bank Indonesia and OJK Regulations.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 289
Page 292
Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda Resolution
Agenda 4
Changes in the composition of 1. Reappointment
the Board of Commissioners of (1) Reappointed CHOW YING HOONG as President Commissioner of the Company;
the Company. (2) Reappointed TAKESHI KIMOTO as Commissioner of the Company;
(3) Reappointed NINIK HERLANI MASLI RIDHWAN as Independent Commissioner of the Company;
(4) Reappointed ONNY WIDJANARKO as Independent Commissioner of the Company; and
(5) Reappointed MARITA ALISJAHBANA as Independent Commissioner of the Company;
Each for a term commencing from the closing of the Annual GMS in 2025 and ending at the closing of
the Annual GMS to be held in 2028, without prejudice to the right of the GMS or other prevailing laws
and regulations to dismiss them at any time prior to the expiration of their respective terms.
2. Not Reappointed
(1) Accepted the statement of EDMUND TONDOBALA not to be reappointed as Independent
Commissioner; and
(2) Accepted the statement of ONGKI WANADJATI DANA not to be reappointed as Commissioner;
Each effective as of the closing of the Annual GMS in 2025, and the Company expresses its highest
appreciation for their dedication and contribution.
3. New Appointment
(1) Appointed KUSUMANINGTUTI SANDRIHARMY SOETIONO as Independent Commissioner;
Effective from the closing of the 2025 Annual GMS until the closing of the Annual GMS to be held in
2028. without prejudice to the rights of the GMS or applicable laws and regulations to dismiss her at
any time prior to the expiry of her term of office.
Accordingly, the composition of the Company’s Board of Commissioners as of the closing of the
Meeting is as follows:
Position Name
President Commissioner Chow Ying Hoong
Commissioner Takeshi Kimoto
Independent Commissioner Ninik Herlani Masli Ridhwan
Independent Commissioner Onny Widjanarko
Independent Commissioner Kusumaningtuti Sandriharmy Soetiono
Independent Commissioner Marita Alisjahbana
4. Granted full power and authority to the Board of Directors with substitution rights to restate the
resolutions of this Fourth Agenda into a Notarial deed and submit related documents to the competent
authorities.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS
290 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 293
Agenda Resolution
Agenda 5
Determination of remuneration 1. Approved and determined the total honorarium and allowances for the Board of Commissioners for the
for the Board of Directors and 2025 financial year in an amount not exceeding Rp37,000,000,000.00 (thirty-seven billion rupiah)
the Board of Commissioners. gross before income tax;
2. Approved and determined the total salaries and allowances for the 2025 financial year as well as
bonuses for services rendered in the financial year ended 31 December 2024, to be paid in 2025, in
an amount not exceeding Rp152,000,000,000.00 (one hundred fifty-two billion rupiah) gross before
income tax;
3. Granted authority to the President Commissioner to determine the allocation of honorarium
and allowances for each member of the Board of Commissioners by taking into account the
recommendation of the Remuneration and Nomination Committee;
4. Granted authority to the Board of Commissioners to determine salaries, allowances, tantiem and/or
bonuses for each member of the Board of Directors by taking into account the recommendation of the
Remuneration and Nomination Committee.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 6
Appointment of Public 1. Approved the appointment of Siddharta Widjaja & Rekan as Public Accountant Firm (KAP) and Novie as
Accountant and/or Public Public Accountant registered with OJK to audit the Company’s Financial Statements for the financial
Accountant Firm for 2025. year ending 31 December 2025;
2. Authorized the Board of Commissioners of the company to determine terms and conditions as well as
the audit fees of the Public Accountant Firm as referred to in number 1 above by taking into account
the recommendation of the Audit Committee of the Company;
Authorized the Board of Commissioners of the Company to appoint a Substitute Public Accountant
Firm and/or Substitute Public Accountant in the case of the appointed Public Accountant Firm and/
or Public Accountant in accordance to the resolution of the General Meeting of Shareholders for any
reason failed to complete/implement the audit of financial statements as per 31 December 2025 as
well as to determine the honorarium and other terms applicable to the appointment of a substitute
Public Accountant Firm and/or Public Accountant as the above mentioned.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 7
Approval of the Company’s 1. Approved the update of the Bank’s 2024 Recovery Plan as presented at the Meeting;
Recovery Plan. 2. Authorized the President Commissioner to sign the updated Recovery Plan together with the President
Director and Controlling Shareholder;
3. Authorized the Board of Directors of the Company to conduct any action deemed proper and
necessary relation to this agenda.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 8
Amendments to the 1. Approved the amendment to the Company’s Articles of Association by adding provisions concerning
Company’s Articles of Financial Conglomeration set forth in the GMS material, which will be effective after OJK approves
Association. the appointment and to determine the Company as Operational Financial Conglomerate Holding
Company (PIKK);
2. Authorized the Board of Directors of the Company with the right of substitution to stipulated the
resolution of GMS’s agenda into a notarial deed and submit all relevant documents to any government
agencies or authorities including but not limited to the Ministry of Law of the Republic of Indonesia, and
to take necessary actions in order to carry out the above-mentioned purposes in accordance with the
Articles Association of the Company, Bank Indonesia regulation and/or OJK regulation.
Voting results Affirmative : 9,814,660,170 shares or 99.9955519%
Non-Affirmative : 135,485 shares or 0.0013804%
Abstain : 301,100 shares or 0.0030677%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 291
Page 294
Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda Resolution
Agenda 9
a. Bank Business Plan Report; 1. Bank Business Plan;
b. Resolution Plan Report; 2. Resolution Plan;
c. Sustainable Finance Action 3. Sustainable Finance Action Plan; and
Plan Report; 4. Realization of the Use of Fund from:
d. Report on the Realization of 1. Implementation of Capital Increase with Pre-emptive Rights II;
the Use of Fund from: 2. Implementation of Public Offering of Shelf Registered Bond V Bank BTPN Phase I Year 2024; and
1. Implementation of 3. Implementation of Public Offering of Shelf Registered Bond V Bank SMBC Indonesia Phase II Year
Capital Increase with 2024.
Pre-emptive Rights II;
2. Implementation of
Public Offering of Shelf
Registered Bond V
Bank BTPN Phase I Year
2024; and
3. Implementation of
Public Offering of Shelf
Registered Bond V Bank
SMBC Indonesia Phase
II Year 2024.
Voting results Not applicable as this agenda was a report presentation.
Previous Year’s GMS
Resolution and Realization of the Annual GMS dated 21 March 2024
Agenda Resolution
Agenda 1
Ratification and Approval of a. Approved the Annual Report of the Company’s Board of Directors for the 2023 financial year;
the Financial Statements and b. Approved the Implementation of Good Corporate Governance Report for the 2023 financial year;
Annual Report for the 2023 c. Approved the Annual Supervisory Report of the Board of Commissioners for the 2023 financial year;
financial Year, including without d. Approved the Company’s Consolidated Financial Statements for the 2023 financial year, which
limitation to: has been audited by the Registered Public Accountants Firm by Siddharta Widjaja & Rekan, with
a. The Implementation unmodified opinion, in its report No. 00037/2.1005/AU.1/07/1212-2/I/II/2024 dated 22 February 2024;
of Good Corporate and
Governance Report; e. Acquit and discharge (volledig acquit en de charge) all members of Board of Directors and Board of
b. Supervisory Duties Commissioners of the Company for all actions taken by them in management and supervision of the
Report of the Board of Company during the 2023 financial year provided that the management and supervision actions were
Commissioners; reflected in the Company’s Annual Report and Financial Statements for the 2023
c. Release and Discharge
(Volledig Acquit et de
Charge) of Board of
Directors and Board of
Commissioners for the
2023 financial year.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
292 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 295
Agenda Resolution
Agenda 2
Determination on the To approve the determination of the Use of the Company’s Net Profit for the 2023 financial year of
Appropriation of the Company’s Rp2,358,334,505,526 (two trillion three hundred fifty-eight billion three hundred thirty-four million five
Net Profit for the financial year hundred five thousand five hundred twenty-six rupiah) as follows:
ended on December 31, 2023. 1. Distributed to shareholders in the form of dividends of 20% (twenty percent) of Net Profit or
approximately Rp471,666,901,105 (four hundred seventy-one billion six hundred sixty-six million nine
hundred one thousand one hundred five rupiah) or approximately Rp44,304837942 (forty-four point
three zero four eight three seven nine four two rupiah) per share (gross);
2. Allocated or booked funds of Rp10,356,524,308 (ten billion three hundred fifty-six million five hundred
twenty-four thousand three hundred eight rupiah) as Mandatory Reserve Fund to fulfill the provisions
of Article 70 of the Limited Liability Company Law. Thus, the Company’s Mandatory Reserve Fund,
which originally was Rp32,596,427,476 (thirty-two billion five hundred ninety-six million four hundred
twenty-seven thousand four hundred seventy-six rupiah), will increase to Rp42,952,951,784 (forty
two billion nine hundred fifty-two million nine hundred fifty-one thousand seven hundred eighty-four
rupiah), or equal to 20% (twenty percent) of the Company’s issued and paid-up capital for 2024;
3. Determined that the remaining Company’s Net Profit for the 2023 financial year after deducting the
allowance for Dividend Funds and Mandatory Reserve Funds, will be recorded as the Company’s
Retained Earnings.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 3
Determination on salary, 1. Approved to determine the total honorarium and allowances for the Company’s Board of
allowance, tantiem and/ Commissioners in 2024 in a total amount not exceeding Rp35,000,000,000 (thirty-five billion rupiah)
or bonus to the Board of gross before being deducted by Income Tax;
Directors and determination on 2. Approved to determine the total amount of salaries and allowances for the 2024 financial year as well
honorarium and allowances to as bonuses for the Board of Directors for services rendered in the financial year ended December 31,
the Board of Commissioners of 2023, which will be paid in 2024, in a total amount not exceeding Rp143,000,000,000 (one hundred
the Company. forty-three billion rupiah) gross before being deducted by Income Tax;
3. Approved to authorize the Company’s President Commissioner to determine the portion of
honorarium and benefits for the 2024 financial year for each member of the Company’s Board of
Commissioners. This authority is executed by taking into account the recommendations of the
Remuneration and Nomination Committee;
4. Approved to authorize the Company’s Board of Commissioners to determine the salary and benefits
for each member of the Company’s Board of Directors for the 2024 financial year as well as tantiem
and/or bonus for each member of the Company’s Board of Directors for services rendered in the
financial year ended 31 December 2023, to be paid in 2024. This authority is executed by taking into
account the recommendations of the Remuneration and Nomination Committee.
Voting results Affirmative : 7,227,415,142 shares or 99.9996873%
Non-Affirmative : 19,800 shares or 0.0002740%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 4
Appointment of Public 1. Approved the appointment of Siddharta Widjaja & Rekan as the Public Accounting Firm (KAP) and
Accountant and/or Public Novie as a Public Accountant who has been registered with the Financial Services Authority. KAP
Accountant Firm for the Siddharta Widjaja & Rekan will audit the Company’s financial statements for the 2024 financial year.
2024 financial year and 2. Authorized the Company’s Board of Commissioners to determine the terms and conditions and
determination of honorarium audit fees of the Public Accountant Firm as referred to in letter A above by taking into account the
as well as other requirements in recommendations of the Company’s Audit Committee.
relation to the appointment. 3. Authorized the Board of Commissioners to appoint a Substitute Public Accountant Firm and/or
Substitute Public Accountant if the Public Accountant Firm that has been appointed in accordance
with the General Meeting of Shareholders’ resolution for any reason is unable to complete/conduct
the audit of the December 31, 2024 Financial Statements, including determining the amount of
honorarium and other requirements concerning the appointment of the Substitute Public Accountant
Firm and/or Substitute Public Accountant.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 293
Page 296
Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda Resolution
Agenda 5
Amendments to the 1. Approved the amendments to the Company’s Articles of Association in the context of adjustments
Company’s Articles of to the Financial Services Authority Regulation No. 17 of 2023 concerning the Implementation
Association in the context of of Governance for Commercial Banks by amending several articles in the Company’s Articles of
adjustments to the Financial Association, as aired in the Meeting;
Services Authority Regulation 2. Granted full power and authority to the Company’s Board of Directors with the right of substitution
No. 17 of 2023 concerning the to restate the resolutions in the Meeting Agenda, including restating all provisions of the Company’s
Implementation of Governance Articles of Association into a Notarial deed (deed) and submitting all related documents to the
for Commercial Banks. competent authorities, including but not limited to the Ministry of Law and Human Rights, and for this
purpose take the necessary actions in accordance with the Company’s Articles of Association, Bank
Indonesia and OJK Regulations.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 6
Company Reports The No decision was made because this agenda item was the presentation of reports, namely:
Company will submit the a. Bank Business Plan;
Company’s Reports to the b. Sustainable Finance Action Plan;
Shareholders regarding: c. Recovery Plan of the Company; and
a. Bank Business Plan; d. Company’s Investment Plan and/or Implementation of CXO System.
b. Sustainable Finance Action
Plan;
c. Recovery Plan of the
Company; and
d. Company’s Investment
Plan and/or Implementation
of CXO System.
Voting results This Agenda is a Report. Therefore, no votes will be counted
Resolution and Realization of the Extraordinary GMS dated 29 August 2024
Agenda Resolution
Agenda 1
Amendment to the Company’s 1. Approved the change of the Company’s name from “PT BANK BTPN Tbk” to “PT Bank SMBC Indonesia
Articles of Association. Tbk,” and therefore amended Article 1 paragraph (1) of the Company’s Articles of Association;
2. Authorized the Company’s Board of Directors to conduct matters deemed good and necessary related
to the implementation of the Company’s branding transformation, including but not limited to:
a. Restated the resolutions in the First Agenda of the Extraordinary GMS and rearranged the
Company’s AOA into a notarial deed(s) and filed all relevant documents to the competent
authorities, including but not limited to the Ministry of Law and Human Rights;
b. Determined the date of implementation of the use of the Company’s name after obtaining
approval from OJK and/or other authorities.
And for this purpose, to take the necessary actions in accordance with the Company’s Articles of
Association, Bank Indonesia and OJK Regulations, as well as, as long as it is carried out with full regard
to the prevailing laws and regulations.
Voting results Affirmative : 9,814,623,575 shares or 99.9969434%
Non-Affirmative : 0 shares or 0.0000000%
Abstain : 300,000 shares or 0.0030566%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
294 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 297
Agenda Resolution
Agenda 2
Changes in the composition 1. Appointed Marita Alisjahbana as the Company’s Independent Commissioner, effective after obtaining
of the Company’s Board of OJK approval and will expire at the closing of the Company’s Annual GMS to be held in 2025, without
Commissioners prejudice to the rights of the GMS or other applicable laws and regulations to dismiss her at any time
before her term of office ends.
Thus, the composition of the Company’s Board of Commissioners since the closing of the
Extraordinary GMS will be as follows:
Position Name
President Commissioner Chow Ying Hoong
Commissioner Takeshi Kimoto
Independent Commissioner Ninik Herlani Masli Ridhwan
Independent Commissioner Onny Widjanarko
Independent Commissioner Edmund Tondobala
Commissioner Ongki Wanadjati Dana
Independent Commissioner Marita Alisjahbana*
* Marita Alisjahbana will effectively serve as the Company’s Independent Commissioner after obtaining the
approval of OJK.
2. Authorized the Company’s Board of Directors to determine the effective date of appointment of Marita
Alisjahbana in connection with the relevant OJK approval without the need for a resolution of the
General Meeting of Shareholders.
3. Granted full power and authority to the Company’s Board of Directors with the right of substitution to
restate the resolutions in the Second Agenda of the Extraordinary GMS into a Notarial deed and filed
all related documents to the competent authorities, including but not limited to the Ministry of Law
and Human Rights, and for such purpose take necessary actions in accordance with the Company’s
Articles of Association, Bank Indonesia and OJK Regulations.
Voting results Affirmative : 9,814,623,575 share or 99.9969434%
Non-affirmative : 0 share or 0.0000000%
Abstain : 300,000 share or 0.0030566%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 295
Page 298
Good Corporate Governance
Ultimate and Controlling
Shareholders
Sumitomo Mitsui Financial Group
(SMFG)
Public Sumitomo Mitsui Banking PT Bank Negara PT Bank Central
(< 5%) Corporation (SMBC) Indonesia (Persero) Tbk Asia Tbk
7.81% 91.05% 0.11% 1.03%
PT Bank SMBC Indonesia Tbk
1.00%
70.00% 51.00% 51.00%
PT Bank BTPN Syariah Tbk PT Oto Multiartha PT Summit Oto Finance
99.00%
PT BTPN Syariah Ventura
As of 31 December 2025
Note:
Ultimate Shareholders
Controlling Shareholders
296 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 299
Board
of Commissioners
The Board of Commissioners is an organ of the CRITERIA OF THE BOARD OF
Company that is responsible for supervising the COMMISSIONERS
Company’s policies and providing advice to the
Board of Directors. The duties, responsibilities, and In line with prevailing provisions, members of the Board
other authorities of the Board of Commissioners are of Commissioners are required to pass the Fit and
regulated by the prevailing laws and regulations, Proper Test prior to performing their duties. The Bank’s
including Financial Services Authority Regulation No. 33/ management must meet the requirements of integrity,
POJK.04/2014 on the Board of Directors and Board of competence and financial reputation in accordance
Commissioners of Issuers or Public Companies and Law with OJK regulation No. 27/POJK.03/2016 concerning
No. 40 of 2007 on Limited Liability Companies. the assessment of capability and appropriateness
for the main parties of financial services institutions.
The Board of Commissioners is appointed and As of 31 December 2025, all members of the Board
dismissed by the General Meeting of Shareholders of Commissioners complied with the requirement of
(GMS) based on the Remuneration and Nomination passing the fit and proper test.
Committee’s recommendation. The appointment is
effective from the date stipulated in the GMS that
appoints the member of the Board of Commissioners INDEPENDENCY OF THE BOARD OF
and ends at the closing of the 3rd (third) annual GMS COMMISSIONERS
after the date of appointment. The composition of the
Board of Commissioners is determined by considering On the subject of the independence of the Board
the Bank’s needs and complexity. The composition of Commissioners, SMBC Indonesia complied with
of the Board of Commissioners is based on expertise, prevailing laws and regulations, among others, including
professional experience, and background. the following:
1. Members of SMBC Indonesia’s Board of
Commissioners have fulfilled the number,
LEGAL BASIS composition, criteria, and independency in
accordance with provisions of the Financial Services
Provisions on the Board of Commissioners, among Authority (OJK).
others, are regulated in Law No. 40 of the year 2007 on 2. The Board of Commissioners consisted of 6
Limited Liability Companies and the Financial Services (six) members with 4 (four) members or 50%
Authority Regulation No. 33/POJK.04/2014 on the Independent Commissioners. This number
Board of Directors and the Board of Commissioners of complied with regulatory requirements, among
Issuers or Public Companies, including the Articles of others, as stipulated in OJK Regulation Number
Association of the Company. 17 of 2023 on the Governance Implementation
in Commercial Banks which states the minimum
All provisions above require companies under number of Independent Commissioners is 50% of
the jurisdiction of Indonesian law to have a Board the total members of the Board of Commissioners.
of Commissioners. The duties of the Board of 3. Replacement and appointment of members of the
Commissioners are to oversee management policy and Board of Commissioners have taken into account
management process within the company as well as to the recommendations from the Remuneration and
supervise and provide suggestions/advice to the Board Nomination Committee.
of Directors. 4. Each member of the Board of Commissioners did
not have family relations up to the second degree
In addition, SMBC Indonesia also prepared a code of with other members of the Board of Commissioners
ethics and BOC Manual as a reference for members of and/or members of the Board of Directors.
the BOC in carrying out their duties and responsibilities, 5. Members of the Board of Commissioners did not
in addition to the laws and regulations as mentioned have concurrent positions beyond what is allowed
above. in OJK Regulation.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 297
Page 300
Good Corporate Governance
Board of Commissioners
At the time of the fit and proper test, members of the 6. Establishment of Committees
Bank’s Board of Commissioners signed the statement 7. Ethical Values of Board of Commissioners Members
related to corporate governance implementation. This 8. Meetings
statement is updated annually and was last updated for 9. Board of Commissioners Accountability
the end of December 2025 position. 10. Training
11. Prohibition of the Board of Commissioners
12. Board of Commissioners Performance Evaluation
BOARD OF COMMISSIONERS MANUAL 13. Working Relationship between the Board of
Directors and the Board of Commissioners
In carrying out its duties and responsibilities, the Board 14. Authority of the Financial Services Authority
of Commissioners refers to the Board of Commissioners 15. Review of the Manual
Manual. The BOC Manual is periodically reviewed and
updated in accordance with prevailing laws and regulations.
The most recent review of the Board of Commissioners COMPOSITION OF THE BOARD OF
Manual was conducted on 31 December 2025. COMMISSIONERS
Based on review results, the content of the Manual of The Bank’s Board of Commissioners consisted of 6
the Board of Commissioners is as follows: (six) members, not exceeding the Board of Directors 8
1. Organization (eight) members, with 4 (four) of the 6 (six) members, or
2. Independent Commissioner 50% of the Board of Commissioners were Independent
3. Functions of the President Commissioner Commissioners. The majority of members of the Board
4. Duties, Responsibilities, and Authorities of Commissioners were Indonesian citizens and residing
5. Authority Arrangement and Decision Procedure of in Indonesia.
the Board of Commissioners
Name Position Term of Office Legal Basis of Appointment
Chow Ying Hoong President 2019-2022 • Appointed as Vice President Commissioner since 1
Commissioner 2022-2025 February 2019, and reappointed through the Annual GMS
2025-2028 dated 15 February 2019.
• Appointed as the President Commissioner through
the Extraordinary GMS on 18 November 2020, and
reappointed through the Annual GMS on 21 April 2022
and 22 April 2025.
Takeshi Kimoto Commissioner 2019-2022 Appointed as Commissioner effective since 1 February 2019,
2022-2025 and reappointed through the Annual GMS on 15 February
2025-2028 2019, 21 April 2022 and 22 April 2025.
Ninik Herlani Masli Ridhwan Independent 2019-2022 Appointment as Independent Commissioner effective since
Commissioner 2022-2025 1 February 2019, and reappointed through the Annual GMS
2025-2028 on 15 February 2019, 21 April 2022 and 22 April 2025.
Onny Widjanarko Independent 2023-2025 • Appointed as Independent Commissioner through the
Commissioner 2025-2028 Annual GMS on 13 April 2023, and effective since 8 May
2023.
• Reappointed as Independent Commissioner through the
Annual GMS on 22 April 2025.
Kusumaningtuti Sandriharmy Independent 2025-2028 Appointed as Independent Commissioner through the
Soetiono Commissioner Annual GMS on 22 April 2025.
Marita Alisjahbana Independent 2024-2025 • Appointed as Independent Commissioner through the
Commissioner 2025-2028 Extraordinary GMS on 29 August 2024, and effective
since 2 September 2024.
• Reappointed as Independent Commissioner through the
Annual GMS on 22 April 2025.
ORIENTATION FOR THE BOARD OF COMMISSIONERS
SMBC Indonesia ensures that each newly appointed member of the Board of Commissioners is provided with the
necessary information regarding the Bank to properly carry out his/her duties and responsibilities. The Corporate
Secretary is tasked with providing the information needed by the Board of Commissioners members.
298 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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For this purpose, the Bank has an orientation program 5. To carry out supervision towards the follow
for new members of the Board of Commissioners. up of the Board of Directors to audit findings
This program aims to provide an overview of business or inspection and recommendations from the
activities, the Bank’s future plans, work guidelines, Company internal audit working unit, external
and other matters that are part of the Board of auditor, the inspection results of the Financial
Commissioners’ responsibilities. Services Authorities and/or the inspection results of
other authority and institution.
Through the orientation program, new members of 6. BOC is authorized to approve the Business Plan
the Board of Commissioners are expected to work in submitted by BOD and has to monitor and evaluate
harmony with the Bank’s other Governance organs. the implementation of the Bank’s Business Plan.
Furthermore, as part of the orientation program, 7. The BOC must supervise the implementation of
the Corporate Secretary unit provides the required internal control policies and procedures in the
documents, for example: Bank’s financial reporting process, the results of
1. Bank’s Vision and Mission which are documented in the Supervision Report
2. Bank’s Code of Ethics on the Bank’s Business Plan twice a year (semi
3. Bank’s Organizational Structure annually).
4. Bank’s Articles of Association 8. In conducting the supervision as referred to in point
5. Bank’s Policies and Procedures b, the Board of Commissioners shall be prohibited
6. Board of Commissioners’ Manual (BOC Manual) and from being involved in decision-making on the
Board of Commissioners’ Committee Charter Company’s operational activities, except for :
7. Bank’s Annual Reports a. The provision of fund to related parties as
8. Bank’s Business Plan provided in Financial Services Authority
provisions on Maximum Lending Limit for
In 2025, there was 1 (one) new member of the Board of Commercial Banks; and
Commissioners, namely Kusumaningtuti Sandriharmy b. other matters determined in the Company’s
Soetiono, who was appointed and became effective as Articles of Association or the applicable laws
Independent Commissioner of SMBC Indonesia as of the and regulations.
Annual GMS on 22 April 2025. The said member of the 9. The adoption of decisions on the Bank operational
Board of Commissioners has undertaken an orientation activities by BOC is a part of the supervisory
program in accordance with the Bank’s prevailing duties of BOC, hence it shall not eliminate the
provisions. responsibility of BOD in performing Bank’s
management functions.
10. BOC must notify OJK at the latest 5 (five) working
DUTIES AND RESPONSIBILITIES OF THE days as of the finding of:
BOARD OF COMMISSIONERS a. A violation of the provisions of laws and
regulations in the fields of finance, banking and
In general, the Board of Commissioners retains the those related to the Bank’s business activities;
following duties and responsibilities, among others: and/or
1. BOC shall ensure the actual implementation of b. A condition or presumed condition that may
Good Corporate Governance (“GCG”) in the Bank harm the Bank’s business continuity.
business activities at all levels or organizational 11. Related to the implementation of risk management,
hierarchies. BOC shall at least:
2. BOC performs supervisory functions towards the a Ensure that the implementation of risk
Bank’s policies and course of management by the management includes country risk and
Board of Directors, provides advice to the Board of transfer risk in accordance with the OJK
Directors, and is responsible for such supervision, in Regulation regarding the implementation of
accordance with the Bank’s objectives as stipulated risk management for commercial banks, by
in the provisions of laws and regulations, the articles conducting at least:
of association and GMS decisions. • evaluation of strategies and policies
3. To direct, monitor and evaluate the implementation related to country risk and transfer risk as
of integrated governance, risk management and determined by BOD; and
compliance as well as the Bank’s strategic policies. • evaluation of BOD’s accountability and
4. To provide adequate time to perform their duties providing direction for improvements to
and responsibilities in an optimum manner. the implementation of policies related to
country risk and transfer risk periodically.
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Good Corporate Governance
Board of Commissioners
• Through the Risk Monitoring Committee, 14. Regarding the implementation of risk management
supervise the implementation of risk in the usage of Information Technology, the BOC
management related to country risk shall conduct an active supervisory as follows:
and transfer risk carried out by the a. To give guidance, monitor and evaluate the
Bank, including the implementation of strategic plan and policy of the Company
evaluations and testing (stress testing). in connection with the usage of Information
b. Approve and evaluate the risk management Technology;
policy of the Company; b. To evaluate the responsibility of BOD on the
c. Evaluate the responsibility of the BOD in implementation of the usage of Information
implementing the risk management policy; Technology.
d. Evaluate and decide the request of BOD 15. In relation to the governance as a Financial
relating to the transaction which requires BOC Conglomerate Holding Company (“FCHC”), the
approval. following shall apply:
e. Must actively supervise the implementation of a. The BOC shall carry out their duties as the
problematic asset management, provisions and management of the FCHC in accordance with
reserves made by the Bank in managing credit the authorities stipulated in the Articles of
risk. Association, Corporate Charter, and Integrated
12. Active supervisory towards the Compliance Function Governance Manual with good faith and
of the Company (as defined in prevailing OJK prudence.
Regulation on Compliance Function) the BOC shall: b. The BOC shall carry out supervision for the
1) Evaluate the implementation of the benefit of the FCHC over the policies and
Compliance Function of the Company at least management carried out by the BOD, provide
2 (two) times a year; advice to the BOD, and be responsible for such
2) Give advices in the frame of improving supervision.
the quality of the implementation of the c. The BOC hold responsibility for directing,
Company’s Compliance Function. monitoring, and evaluating the implementation
Based on the above evaluation, BOC will give of integrated governance, risk management,
advices to the President Director with copy to and compliance as well as the strategic policies
Compliance Director for the improvement of the of FCHC, in accordance with applicable laws
quality of the Company’s Compliance Function. and regulations, the articles of association,
13. Regarding the Internal Audit Function of the and/or resolutions made during the general
Company (“SKAI”), the BOC holds responsibility for: meeting of shareholders.
a. Ensure that the BOD follows up audit findings 16. Duty of care
and recommendations delivered by SKAI; The Board of Commissioners shall be responsible
b. Approve the appointment and dismissal of the for performing their duties and responsibilities in
head of SKAI proposed by the BOD, by taking good faith and based upon the prudential banking
into account the recommendations of the Audit principle as well as professionally. In this case, the
Committee; Board of Commissioners shall be obligated, among
c. Evaluate the effectiveness of the others:
implementation of SKAI’s function. a. To always act honestly and in good faith
d. Ensure that the BOD establishes and maintains b. To always use the prudential banking principle
an adequate, effective and efficient internal in decision-making
control system; c. Not to render the Company violating the
e Evaluate the effectiveness and efficiency of applicable provisions
the internal control system using information d. To attend and be actively involved in the
acquired from SKAI at least once a year; Meeting of the Board of Commissioners
f. Appoint an external independent quality e. To ensure the efficient and effective
controller to review SKAI’s performance, implementation of internal control system
considering the recommendations provided by
the Audit Committee.
300 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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17. Duty of loyalty 19. To evaluate, direct, and monitor the implementation
The Board of Commissioners shall be obligated to of Information Technology governance.
perform decision-making only for the Company’s 20. The Board of Commissioners shall conduct
interest, in this case shall be obligated to override evaluation towards the performance of the Board of
personal or group interest over the Company’s Commissioners Committees at least in the end of
interest. In this case, the Board of Commissioners financial year.
shall not be allowed: 21. The Board of Commissioners may carry out duties
a. To have any direct and indirect transaction with and authorities of other supervision.
the Company, without first revealing the same
as well as obtaining approval from the Board of In addition, the Board of Commissioners has
Commissioners and or the GMS; implemented its obligations in relation to the
b. To utilize the Company including but not limited implementation of Financial Services Authority
to using the Company’s assets and facilities for Regulation (POJK) No. 15 of 2024 concerning the
personal, family and/or other parties’ interests Integrity of Bank Financial Reporting, which among
potentially detrimental to or reducing the profit others include:
of the Company; 1. Acting in good faith in carrying out its supervisory
c. To deliver information that is not public function and applying the prudential principle.
information to any third party; 2. Ensuring that the results of supervision have been
d. To draw and/or receive personal profit from the set forth in the Business Plan Supervisory Report
Company other than remuneration and other in accordance with the Financial Services Authority
facilities determined by the GMS; Regulation concerning the Bank Business Plan.
e. To use internal information for personal interest.
18. To evaluate, direct, and monitor the Information Each member of the Board of Commissioners
Technology (IT) strategic plan has been assigned specific duties. The details are
presented in the table below.
Segregation of Duties of the Board of Commissioners
Name Position Duties
Chow Ying Hoong President Commissioner Performing duties and responsibilities as a member of the
Remuneration and Nomination Committee
Takeshi Kimoto Commissioner Performing duties and responsibilities as a member of the Risk
Monitoring Committee
Ninik Herlani Masli Ridhwan Independent Commissioner Performing duties and responsibilities as:
a. Chairman of the Remuneration and Nomination Committee
b. Member of the Integrated Governance Committee
Onny Widjanarko Independent Commissioner Performing duties and responsibilities as:
a. Chairman of the Audit Committee
b. Chairman of the Integrated Governance Committee
Marita Alisjahbana Independent Commissioner Performing duties and responsibilities as:
a. Chairman of the Risk Monitoring Committee
b. Member of the Audit Committee
Kusumaningtuti Sandriharmy Independent Commissioner Performing duties and responsibilities as:
Soetiono a. Member of the Risk Monitoring Committee
b. Member of the Audit Committee
DECISIONS REQUIRING BOARD OF 2. Lending money or grant credit facilities or other
COMMISSIONER’S APPROVAL similar banking facilities or which result in the right
to claim an amount of money:
1. Approving Business Plans, including: • To parties related/affiliated with SMBC
• Approving the opening or closing of a branch or Indonesia as stipulated in the Financial Services
representative office of SMBC Indonesia. Authority Regulation (POJK) regarding the
• Approving establishment or dissolution of Maximum Lending Limit (LLL) of Commercial
department of organization structure of the Banks; or
SMBC Indonesia. • Which exceeds the amount as set forth by the
Board of Commissioners from time to time
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Good Corporate Governance
Board of Commissioners
3. Binding SMBC Indonesia as a surety or guarantor 12. Reporting and approving other matters related to
(borgtocht) or otherwise to be responsible for the Financial Conglomerate/KUB
payment of obligation of other party: 13. The category of huge and extraordinary payments
• To a party related/affiliated in accordance or investments is determined by BOC from time to
with POJK regarding Legal Lending Limit of time
Commercial Bank; or 14. Recovery plan and resolution plan
• Which exceeds the amount as set forth by the
Board of Commissioners from time to time.
4. Establishing a new company, making or increasing ASSESSMENT OF COMMITTEES UNDER
the participation in the capital (except the increase THE BOARD OF COMMISSIONERS
of investment in the capital in connection with
the issuance of stock dividends or bonus shares Until the end of 2025 fiscal year, the Board of
or in connection with efforts on credit recovery), Commissioners had 4 (four) committees under the Board
or decreasing the investment of the capital in of Commissioners: Audit Committee, Remuneration and
other companies, subject to the approval of the Nomination Committee, Risk Monitoring Committee, and
competent authority. Integrated Governance Committee.
5. Borrowing money from other parties (not included
in letter B2) or receiving a credit facility or other The Board of Commissioners views that, generally, all
banking facility, which results in the money lending committees have carried out their duties and functions
to other parties in the amount exceeding the appropriately. All committees, especially those carrying
amount from time to time determined by the Board out supervisory duties, then provide feedback and
of Commissioners recommendations to the Board of Commissioners.
6. Writing off or taking out from the Company’s
records the SMBC Indonesia’s receivables Assessment Procedures
exceeding the amount from time to time The assessment of committees under the Board of
determined by the Board of Commissioners Commissioners is conducted through 2 (two) methods:
7. Transferring or releasing SMBC Indonesia’s right to overall committee performance assessment and
collect SMBC Indonesia’s written-off receivables in individual committee member assessment.
excess of an amount determined from time to time
by the Board of Commissioners The collegial assessment of committees is carried out
8. Buying, selling, or transferring or releasing the title, through self-assessment procedures. The activity is
or providing for security or collateral, the assets carried out by each committee by taking into account
of SMBC Indonesia either in one transaction or the fulfillment of the assessment items or parameters
several independent or inter-related transactions, that have been prepared.
in amount exceeding the amount from time to
time determined by the Board of Commissioners The individual assessment is carried out by the
(without prejudice to Article 15 paragraph 4 of SMBC chairman of the committee concerned on a set of
Indonesia’s Articles of Association predetermined assessment parameters related to the
9. Approving SMBC Indonesia’s key policies and other performance of the committee member concerned. The
policies in accordance with laws and regulations assessment results are submitted to the Remuneration
10. Conducting any strategic action or transaction and Nomination Committee for consideration in
that will significantly impact SMBC Indonesia’s preparing nomination recommendations for the Board
continuity, as determined from time to time by the of Commissioners.
Board of Commissioners
11. Approving periodic reports required by local Assessment Criteria
authorities (BOC Supervisory Report, BOC The parameters or criteria used in the assessment,
evaluation of Committee, BOC evaluation among others, include the duty implementation of
of Compliance function, Annual report on the committee in accordance with the Charter of the
implementation of GCG, etc). concerned committee.
In addition, the assessment of committees also
covers the independence parameter of the respective
committee members to ensure that they are able to
302 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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provide professional and independent input to the Bank. Independent Commissioner and has experience in
The Bank has established a term limit for committee the banking and/or financial sector;
members (other than the Audit Committee) with the 2. No financial, management, share ownership and/
objective of safeguarding the independence of the or family relations with members of the Board of
respective committee members. Commissioners, the Board of Directors, and/or
controlling shareholders or relations with the Bank
Another assessment criterion is meeting attendance. that may influence its ability to act independently;
The Board of Commissioners considers this parameter 3. Not a person who works or has authorities and
important, as it forms part of the committee reporting responsibilities to plan, lead, control, or monitor
system to the Board of Commissioners. the Bank’s activities in the past 6 (six) months,
except for the reappointment of Independent
Commissioners for the following period;
INDEPENDENT COMMISSIONER 4. Does not own shares, directly and indirectly, in the
Bank;
Referring to OJK Regulation No. 17 of 2023 on 5. No affiliation with the Bank, members of the Board
Governance Implementation for Commercial Banks, of Commissioners, members of the Board of
the number of Independent Commissioner must be Directors, or main shareholders of the Bank; and
at least 50% of the total members of the Board of 6. No business relations, directly or indirectly, related
Commissioners. In 2025, the number of Independent to the Bank’s business activities.
Commissioner of SMBC Indonesia was 4 (four) of the 6
(six) members of the Board of Commissioners. Thus, the Independency of Independent
total has complied with OJK’s provision. Commissioners
In line with OJK Regulation No. 33/POJK.04/2014
Criteria of the Independent Commissioners on the Board of Directors and the Board of
In implementing the duties and responsibilities of the Commissioners of Issuers or Public Companies,
Board of Commissioners, the role of Independent Independent Commissioners are members of the
Commissioners is crucial, especially when it concerns Board of Commissioners from outside of Issuers or
efforts to prevent conflict of interest and enhance Public Companies and comply with requirements as
independence and objectivity. Independent Commissioners.
Independent Commissioners are obligated to comply The Bank records and controls the term of office of the
with requirements, among others, including the independent commissioner so that it does not exceed
following: 9 (nine) years. A description of the independency of
1. Possesses adequate knowledge in the banking Independent Commissioners is provided in the table
sector that is relevant to the position as an below:
Kusumaningtuti
Ninik Herlani Onny Marita
Independency Aspect Sandriharmy
Masli Ridhwan Widjanarko Alisjahbana
Soetiono
No ownership of direct or indirect shares of the Bank. √ √ √ √
No direct or indirect business relations with the Bank’s business √ √ √ √
activities
No concurrent positions: as the Board of Directors or Executive √ √ √ √
Officer conducting supervision.
No family relations up to two second degree levels with mutual √ √ √ √
members of the Board of Commissioners.
PLAN AND REALIZATION OF WORK The supervision of the Board of Commissioners is
PROGRAM IN 2025 focused on the achievement of business targets while
taking into account risk management and compliance
The Board of Commissioners has actively supervised with applicable regulations. This supervision is
the management and operations of the Bank and conducted both directly, through monitoring the follow-
has provided advice and input to the Board of up to the Board of Commissioners’ recommendations
Directors. Such supervision is carried out to ensure to the Board of Directors, and indirectly through the
that the principles of good corporate governance are established committees.
implemented across all of the Bank’s activities.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 303
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Good Corporate Governance
Board of Commissioners
During 2025, the Board of Commissioners 9. Carry out supervisory functions over the
has implementation of Corporate Governance and
supervised strategic aspects of the Bank, including: Financial Conglomeration through the Integrated
1. Review of the financial performance of the Bank Governance Committee.
and Subsidiaries.
2. Through the Risk Monitoring Committee, the Board
of Commissioners also conducted a review of risk COMPETENCY DEVELOPMENT
management, the adequacy of the internal control
system and the implementation of a culture of Policy
compliance As stipulated in the Manual of the Board of
3. Ensure that the Board of Directors has followed up Commissioners, competency development programs
on the findings of the Internal Audit, SMBC Audit for the Board of Commissioners are conducted to
and External Audit and recommendations from the support task implementation and achieve sustainable
Internal Audit through the Audit Committee. growth and effective bank management.
4. The Board of Commissioners gave approval to
the recommendations of the Remuneration Accordingly, SMBC Indonesia facilitates the
and Nomination Committee in determining development of the competencies of members of the
the remuneration of members of the Board of Board of Commissioners through training programs.
Commissioners and Board of Directors. Such competency development is carried out in line
5. Approval of the revision of the Bank’s Business Plan with the evolving industry landscape and corporate
(RBB) for 2025-2027. governance practices.
6. Reviewed and approved the Bank Business Plan
for 2025–2027 and the Amendment to the Bank’s Competency development for the Board of
Product Implementation Plan for 2025. Commissioners is also carried out through training
7. Approval of the Board of Commissioners regarding programs for its members, reflecting SMBC Indonesia’s
the Annual Work Plan of the Audit Committee, commitment to support the oversight function of the
Risk Monitoring Committee and the Integrated Board of Commissioners. This commitment is also
Corporate Governance Committee. evident in the training attended by each member of the
8. The Board of Commissioners continuously monitors Board of Commissioners, as shown in the realization
the implementation of governance and compliance table below.
with applicable regulations, including financial ratios,
Bank Health Level - RBBR, implementation of APU
PPT and implementation of risk management
Realization
No. Name and Position Training Date
1 Chow Ying Hoong – 1. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 1. 25-26 April 2025
President Commissioner 2. Privacy Notice & Consent 2025 2. 6 August 2025
3. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 3. 9 September 2025
Indonesia
4. Refresher Seminar on Alignment of Level 6 Risk Management 4. 18 September 2025
5. Directorship Program for Commissioner by IICD (Indonesia Institute for 5. 21 November 2025
Corporate Directorship)
6. Anti-Fraud Awareness – 2025 6. 15 December 2025
7. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 7. 17 December 2025
Townhall
2 Takeshi Kimoto – 1. SMBC Indonesia: Economic Outlook 2025 1. 8 February 2025
Commissioner 2. Privacy Notice & Consent 2025 2. 6 August 2025
3. Refresher Seminar on Alignment of Level 6 Risk Management 3. 18 September 2025
4. Directorship Program for Commissioner by IICD (Indonesia Institute for 4. 21 November 2025
Corporate Directorship)
5. SMBC Indonesia Leadership Series: Developing People, Not Just Players: 5. 2 December 2025
The Mindset Behind Great Teams
6. Anti-Fraud Awareness – 2025 6. 15 December 2025
7. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 7. 17 December 2025
Townhall
304 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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No. Name and Position Training Date
3 Ninik Herlani Masli 1. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 1. 25–26 April 2025
Ridhwan – Independent 2. Refresher Seminar on Alignment of Level 6 Risk Management 2. 29 April 2025
Commissioner 3. Recertification Seminar on Alignment of Level 6 Risk Management 3. 20 May 2025
4. Personal Data Processing Authorization and Consent Letter & Privacy 4. 17 September 2025
Notice 2025
5. Directorship Program for Commissioner by IICD 5. 21 November 2025
6. Anti-Fraud Awareness 2025 6. 15 December 2025
7. Complaint Handling & Consumer Protection 2025 7. 15 December 2025
8. Operational Risk Management 2025 8. 17 December 2025
9. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 9. 17 December 2025
Townhall
10. Cyber & Information Security Awareness 2025 10. 29 December 2025
4 Onny Widjanarko 1. 2025 Annual Financial Services Industry Meeting 1. 11 February 2025
– Independent 2. SMBC Indonesia Economic Outlook 2025 2. 18 February 2025
Commissioner 3. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 3. 25–26 April 2025
4. SMBC Indonesia Leadership Series: Leading Beyond Borders Through 4. 23 July 2025
Diplomacy by Ms. Retno L.P. Marsudi
5. Personal Data Processing Authorization and Consent Letter & Privacy 5. 21 August 2025
Notice 2025
6. Complaint Handling & Consumer Protection 2025 6. 7 September 2025
7. Operational Risk Management 2025 7. 7 September 2025
8. Anti-Fraud Statement, Integrity Pact & Code of Conduct 2025 8. 10 September 2025
9. Refresher Seminar on Alignment of Level 6 Risk Management 9. 18 September 2025
10. Anti-Fraud Awareness 2025 10. 22 September 2025
11. Directorship Program for Commissioner by IICD 11. 21 November 2025
12. Leadership Series – Developing People, Not Just Players: The Mindset 12. 2 December 2025
Behind Great Teams
13. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 13. 17 December 2025
Townhall
5 Kusumaningtuti 1. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 1. 25–26 April 2025
Sandriharmy Soetiono 2. Leadership Series – Leading Beyond Borders Through Diplomacy by Ms. 2. 23 July 2025
– Independent Retno Marsudi
Commissioner 3. Personal Data Processing Authorization and Consent Letter & Privacy 3. 4 August 2025
Notice 2025
4. Anti-Fraud Statement, Integrity Pact & Code of Conduct 2025 4. 4 August 2025
5. Anti-Fraud Awareness 2025 5. 4 August 2025
6. Operational Risk Management 2025 6. 4 August 2025
7. Leadership Series – Leading Conglomerate Companies in Indonesia 7. 9 September 2025
8. Refresher Seminar on Alignment of Level 6 Risk Management 8. 18 September 2025
9. Complaint Handling & Consumer Protection 2025 9. 17 November 2025
10. Cyber & Information Security Awareness 2025 10. 17 November 2025
11. Directorship Program for Commissioner by IICD 11. 21 November 2025
12. Complaint Handling 12. 21 November 2025
13. Information Security Awareness 13. 23 November 2025
14. Compliance 14. 23 November 2025
15. Anti-Money Laundering & Counter Terrorism Financing (APU PPT) 15. 23 November 2025
16. Daya – Empowering for Growth 16. 23 November 2025
17. SMBCI Code of Conduct 17. 23 November 2025
18. SMBCI Overview 18. 23 November 2025
19. Risk Management Awareness 19. 23 November 2025
20. SMBC Indonesia Leadership Series – Developing People, Not Just Players 20. 2 December 2025
21. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 21. 17 December 2025
Townhall
6 Marita Alisjahbana 1. SMBC Indonesia: Code of Conduct 1. 3 January 2025
– Independent 2. SMBC Indonesia: Compliance Induction 2025 2. 3 January 2025
Commissioner 3. SMBC Indonesia: Economic Outlook 2025 3. 18 February 2025
4. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 4. 25–26 April 2025
5. Personal Data Processing Authorization and Consent Letter & Privacy 5. 6 August 2025
Notice 2025
6. Anti-Fraud Statement, Integrity Pact & Code of Conduct 2025 6. 6 August 2025
7. Leadership Series – Leading Conglomerate Companies in Indonesia 7. 9 September 2025
8. Refresher Seminar on Alignment of Level 6 Risk Management 8. 18 September 2025
9. Complaint Handling & Consumer Protection 2025 9. 13 November 2025
10. Cyber & Information Security Awareness 2025 10. 13 November 2025
11. Operational Risk Management 2025 11. 13 November 2025
12. Anti-Fraud Awareness 2025 12. 13 November 2025
13. Directorship Program for Commissioner by IICD 13. 21 November 2025
14. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 14. 17 December 2025
Townhall
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 305
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Good Corporate Governance
Board
of Directors
The Board of Directors is an important company organ CRITERIA OF THE BOARD OF DIRECTORS
in corporate governance, holding full responsibility for
the Bank’s management in line with the Bank’s purpose Referring to OJK Regulation No.27/POJK.03/2016
and objectives. This authority is used to achieve the concerning Fit Proper Test for Main Parties of Financial
interests and objectives of the Bank. This is aligned with Services Institutions, each member of the Board of
the provisions set under the regulation that states the Directors are obligated to fulfill the set criteria and pass
Board of Directors may represent the Bank, both in or the fit and proper test prior to effective carry out their
out of the court, in accordance with the provisions of the assigned duties. Determining the criteria for the Board
articles of association. of Directors, among others, relies on OJK Regulation
No. 33/POJK.04/2014 regarding the Board of Directors
Among the regulations governing the Board of Directors and the Board of Commissioners of Issuers or Public
are as follows: Financial Services Authority Regulation Companies. Upon appointment, the Board of Directors
No. 33/POJK.04/2014 regarding the Board of Directors must at least fulfill a number of requirements, namely as
and the Board of Commissioners of Issuers or Public follows:
Companies, as well as Law No. 40 of Year 2007 1. Has good character, moral and integrity.
regarding Limited Liability Companies. 2. Competent in legal actions.
3. In 5 (five) years prior to appointment and during
Each member of the Board of Directors carries out the office term:
duties according to the division of tasks and authorities. a. Never been declared bankcrupt
The objective is to achieve management effectiveness b. Never been a member of the Board of Directors
and maximum achievement results. SMBC Indonesia’s and/or member of the Board of Commissioners
Board of Directors incessantly upholds high professional found guilty of causing a company to be declared
attitude, strategic thinking, and the Bank’s interests as a bankrupt
priority. c. Never been convicted of a crime that caused the
state’s financial loss and/or related to the financial
sector
LEGAL BASIS d. Never been a member of the Board Directors and/
or member of the Board of Commissioners that
Provisions on the Board of Directors are, among during the term of office:
others, regulated by Law No. 40 of 2007 on Limited • Never hold Annual GMS
Liability Companies and OJK Regulation No. 33/ • Accountability as a member of the Board
POJK.04/2014 on the Board of Directors and the Board of Directors and/or member of the Board of
of Commissioners of Issuers or Public Companies, Commissioners not accepted by the GMS or
including the Company’s Articles of Association. failed to submit accountability as a member of
the Board of Directors and/or member of the
Furthermore, the Bank also refers to OJK Regulation Board of Commissioners to the GMS
No.17 of 2023 on Governance Implementation in • Has caused a company that received the
Commercial Banks, stipulating that the Board of permit, approval, or registration from the
Directors is fully responsible for the management of the Financial Services Authority but failed to
Bank. For this reason, the Board of Directors is obligated comply with the obligation to submit an annual
to implement good corporate governance principles in report and/or financial statements to the
each implementation of the Bank’s business activities at Financial Services Authority.
all levels or paths of the organization. 4. Has the commitment to comply with the laws and
regulations
The Bank also prepares a code of ethics and BOD 5. Has the knowledge and/or expertise in the fields
Manual as a reference for BOD members in carrying out required by the Issuer or Public Company.
their duties and responsibilities, in addition to the laws
and regulations mentioned above. Compliance with such requirements must be disclosed
in a statement letter and submitted to the Bank. Then
the Bank is obligated to review and keep it on record.
306 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 309
INDEPENDENCY OF THE BOARD OF BOARD OF DIRECTORS’ MANUAL
DIRECTORS
In carrying out its duties and responsibilities, the Board
All members of the Board of Directors have no of Directors is guided by the Board Manual. The Board of
ownership, financial or management relations with the Directors’ Manual is periodically updated and improved
Bank’s controlling shareholders, with mutual members with reference to the prevailing rules and regulations.
of the Board of Directors and members of the Board The Board of Directors’ Manual was last reviewed on 31
of Commissioners. SMBC Indonesia also complied December 2025.
with prevailing laws and regulations related to the
independence of the Board of Directors, such as the Based on the results of the review, the contents of the
following: Board of Directors’ Manual are:
1. Members of SMBC Indonesia’s Board of Directors 1. Organization
have complied with the criteria and independency 2. Independence
as stipulated by regulator. 3. Duties and Responsibilities
2. Replacement and appointment of members of 4. President Director
the Board of Directors have taken into account the 5. Compliance Director
recommendations from the Remuneration and 6. Ethical Values of Members of the Board of Directors
Nomination Committee 7. Meetings
3. Each member of the Board of Directors had no 8. Accountability of the Board of Directors
family relations up to the second degree level with 9. Relationship with Stakeholders
other members of the Board of Directors and/or 10. Training
members of the Board of Commissioners 11. Prohibition of the Board of Directors
4. Members of the Board of Directors had no 12. Board of Directors Performance Evaluation
concurrent positions as stipulated in OJK 13. Working Relationship between the Board of
Regulation. Directors and the Board of Commissioners
14. Authority of the Financial Services Authority
Members of the Bank’s Board of Directors signed 15. Review of the Manual
the statement related to Corporate Governance
implementation at the processing time of their fit and
proper test. This statement is updated yearly and was COMPOSITION OF THE BOARD OF
last updated for the end December 2025 position. DIRECTORS
Establishing the composition of the Board of Directors
is carried out through considerations of the needs and
complexity of the Bank. The composition of the Board
of Directors is based on banking knowledge, expertise,
professional experience, and background to support
the effectiveness in implementing the duties of the
Board of Directors, disregarding gender, ethnicity, race
and religion. The Bank’s Board of Directors consists of 8
(eight) members, of which 3 (three) were female.
Name Position Term of Office Legal Basis of Appointment
Henoch Munandar President Director 2019-2022 • Appointed as Director since 1 February 2019, and
2022-2025 reappointed through the Annual GMS on 15 February
2025-2028 2019, and 21 April 2022.
• Appointed as President Director through the
Extraordinary GMS on 29 September 2022.
• Reappointed as President Director through the Annual
GMS on 22 April 2025.
Jun Saito Deputy President 2025-2028 Appointed as Deputy President Director through the Annual
Director GMS on 22 April 2025 and effective since 23 May 2025.
Michellina Laksmi Deputy President 2025-2028 Appointed as Deputy President Director through the Annual
Triwardhany Director GMS on 22 April 2025 and effective since 26 June 2025
Dini Herdini Compliance 2019-2022 Appointed as Compliance Director since 1 February 2019,
Director 2022-2025 and reappointed through the Annual GMS on 15 February
2025-2028 2019, 21 April 2022 and 22 April 2025.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 307
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Good Corporate Governance
Board of Directors
Name Position Term of Office Legal Basis of Appointment
Atsushi Hino Director 2023-2025 • Appointed as Director through the Annual GMS dated 13
2025-2028 April 2023, and effective since 15 May 2023.
• Reappointed as Director through the Annual GMS on 22
April 2025.
Yuki Terayama Director 2025-2028 Appointed as Director through the Annual GMS on 22 April
2025 and effective since 27 May 2025.
Merisa Darwis Director 2019-2022 Appointed as Director since 1 February 2019, and
2022-2025 reappointed through the Annual GMS dated 15 February
2025-2028 2019, 21 April 2022 and 22 April 2025.
Hanna Tantani Director 2019-2022 • Appointed as Director through the Extraordinary GMS
2022-2025 dated 11 September 2019.
2025-2028 • Reappointed as Director through the Annual GMS held on
21 April 2022 and 22 April 2025.
ORIENTATION FOR NEW MEMBERS OF THE members of the Board of Directors was resolved at the
BOARD OF DIRECTORS Annual GMS on 22 April 2025 and became effective
on 23 May 2025 for Jun Saito, 27 May 2025 for Yuki
The President Director ensures that new members of Terayama, and 26 June 2025 for Michellina Laksmi
the Board of Directors receive necessary information Triwardhany.
related to the Bank to carry out their duties and
responsibilities properly. The Corporate Secretary, in All of them have undertaken orientation programs in
this respect, invites the functions of compliance, risk accordance with the Bank’s prevailing provisions.
management, and finance to provide the necessary
information required by the respective members of the
Board of Directors. DUTIES AND RESPONSIBILITIES OF THE
BOARD OF DIRECTORS
SMBC Indonesia implements an orientation program
for new members of the Board of Directors aimed at In general, the Board of Directors retains the duties and
providing an overview of business activities, the Bank’s responsibilities, among others, as follows:
future plans, work guidelines, and other responsibilities 1. To perform and being responsible towards the
of the Board of Directors. management of the Company for the Company’s
interests as well as entitle to represent the
Through this orientation program, new members of the Company in accordance with the Company’s goal
Board of Directors are expected to work in harmony with and objectives as stipulated in the provisions of law
other governance bodies of the bank. The orientation and regulations, Articles of Association and GMS
program materials consist of documents prepared by resolutions;
the Corporate Secretary’s office, including: 2. To implement Good Corporate Governance, risk
1. Bank’s Vision and Mission management and compliance in an integrated
2. Bank’s Code of Ethics manner that is adapted to the latest developments
3. Bank’s Organizational Structure in the banking ecosystem and is supported by
4. Bank’s Articles of Association digitalization and technological innovation at all
5. Company Policies and Procedures levels of the organization
6. Board of Directors’ Manual (BOD Manual) and Board 3. To follow up audit finding or assessment and
Committee Charters recommendations from the Internal Audit Working
7. Relevant Banking and Capital Market Regulations Unit, external auditor, the inspection results of the
8. Bank’s Annual Reports Financial Services Authority and/or the inspection
9. Bank’s Business Plans results of other authorities and institutions;
4. To implement the GCG in the Company, the Board
In 2025, there were 3 (three) new members of the of Directors shall be obligated to establish the
Board of Directors, namely Jun Saito who was appointed Internal Audit Working Unit, Risk Management
as Deputy President Director, Michellina Laksmi Working Unit and Compliance Working Unit as
Triwardhany as Deputy President Director, and Yuki well as other Working Unit as required by OJK
Terayama as Director. The appointment of these new Regulation;
308 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 311
5. To disclose the Company’s strategic internal policy 15. Regarding the governance as a Financial
on employee related matters to the employees; Conglomerate Holding Company, the following shall
6. To account its duties implementation to the apply:
shareholders through GMS; a. BOD shall carry out their duties and
7. In managing data and information related to the responsibilities as the management of the
Bank, the BOD is obliged to: Financial Conglomerate Holding Company in
a. Have and provide accurate, relevant and accordance with the authority stipulated in
timely data and information, including to the the Articles of Association, Corporate Charter,
Board of Commissioners; and Integrated Governance Manual, and BOD
b. Carry out data and information management Meeting Resolutions regarding the segregation
in accordance with the Company’s Good of roles and responsibilities of BOD members,
Corporate Governance and laws and in good faith and with prudence.
regulations. b. BOD shall implement integrated governance,
8. In order to strengthen the Bank’s internal control risk management, and capital fulfillment for the
over the financial reporting, the BOD responsible of: Financial Conglomerate.
a. Ensuring the preparation and presentation c. Prepare the Financial Conglomerate’s strategic
of financial statements in accordance with plan in the form of a Financial Conglomerate
financial accounting standards and OJK corporate plan, with BOC’s approval, and ensure
provisions regarding the recording of financial that the Financial Conglomerate members
transactions; align their business plans and corporate plans
b. Completeness and accuracy of financial with the Financial Conglomerate’s corporate
statements; plan.
c. Implementation of internal controls in the d. Support the implementation of the duties of
reporting process of the Bank. OJK, relevant ministries, and/or institutions.
9. To submit the report of the Bank’s internal control e. Submit reports and information required by the
over the financial reporting to OJK. OJK.
10. To ensure the transparency of material information 16. Duty of care
related to the Company’s business condition; The Board of Directors shall be responsible for
11. In implementing internal audit function, BOD hold performing their duties and responsibilities in
the responsibility for: good faith and based upon the prudential banking
a. Establish an internal control framework to principle as well as professionally. In this case the
identify, assess, monitor, and manage all risks Board of Directors shall be obligated, among others:
encountered by the Bank; • To always act honestly and in good faith
b. Ensure that SKAI obtains information regarding • To always use the prudential banking principle
developments, initiatives, projects, products, in decision-making
and operational changes as well as risks that • Not to render the Company violating the
have been identified and anticipated; applicable provisions
c. Ensure that appropriate measures have been • To attend and be actively involved in the
implemented swiftly in response to all SKAI meeting of the Board of Directors
findings and recommendations; and • To ensure the efficient and effective
d. Ensure that the head of SKAI possesses the implementation of internal control system.
necessary resources and budget to execute 17. Duty of loyalty
duties and functions in alignment with the The Board of Directors shall be obligated to perform
annual audit plan. decision-making only for the Company’s interest, in
12. In order to implement Sustainable Finance, the this case shall be obligated to override personal or
BOD is required to develop the Sustainable Finance group interest over the Company’s interest. In this
Action Plan. case, the Board of Directors shall not be allowed:
13. In order to support the effectiveness of their roles • To have any direct and indirect transaction with
and responsibilities, BOD may establish the BOD the Company, without first revealing the same
committees with membership structure as well as as well as obtaining approval from the Board of
roles and responsibilities to be in further stipulated Commissioners and or the GMS
into the Charter of relevant committee.
14. In the event of establishing committee, Member of
BOD must conduct evaluation on the committee
performance in every book year end.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 309
Page 312
Good Corporate Governance
Board of Directors
• To utilize the Company including but not limited 21. The Board of Directors shall conduct evaluation
to using the Company’s assets and facilities for towards the performance of the Board of Directors
personal, family and/or other parties’ interests Committees at least in the end of financial year.
potentially detrimental to or reducing the profit
of the Company In addition, the Board of Directors has implemented its
• To deliver information that is not public obligations in relation to the implementation of Financial
information to any third party Services Authority Regulation (POJK) No. 15 of 2024
• To draw and/or receive personal profit from the concerning the Integrity of Bank Financial Reporting,
Company other than remuneration and other which, among others, include:
facilities determined by the GMS • The preparation and presentation of Financial
• To use internal information for personal interest Information and Financial Statements.
18. To determine IT Strategic plan; • Ensuring that the preparation and presentation of
19. To determine policy, standard and procedure the Financial Statements are in accordance with
related to sufficient IT Maintenance and utilization financial accounting standards and the Financial
and communicate effectively, both to IT organizer Services Authority regulations concerning the
or user; and recording of financial transactions.
20. To evaluate the strategic goal, direct the Company’s • Ensuring the completeness and accuracy of the
executive officer and monitor all of the IT activities. contents of the Financial Statements.
• The implementation of internal controls in the
Bank’s financial reporting process.
Segregation of Roles and Responsibilities of Each Member of the Board of Directors
No Title Roles and Responsibilities
1 President Director • To coordinate and generally overseeing roles & responsibilities of all members of the Board of
Directors who overseeing including without limitation to:
a. Corporate Banking (Japanese)
b. Wholesale Banking
c. Retail Banking
d. Treasury
e. Operations & Technology
f. Legal & Compliance
g. Finance
h. Human Resources or Chief Human Resources Officer (CHR)
i. Audit Intern/Internal Audit or Chief Audit Executive (CAE)
j. Risk Management or Chief Risk Officer (CRO)
• In CXO System, the President Director acts as Chief Executive Officer (CEO) .
• President Director in charge as the coordinator in the Financial Conglomerate management.
2 Deputy President Director • To coordinate and generally overseeing roles & responsibilities of:
a. Corporate Banking (Japanese)
b. Treasury
• To specifically overseeing:
a. Business Banking*)
- Digital & Product
- Business Banking Credit Risk
- SME
- Business Banking Cross Collaboration
- Governance, Process & Middle Office
- Business Banking Strategy
- Partnership & Acquisition
- Business Banking Remedial
b. Wholesale, Commercial & Transaction Banking*)
- Wholesale Banking
- Wholesale Banking Business Planning
- Structured Finance
- Wholesale Banking Project Management
- Syndications & ESG Solutions
- Commercial Banking & WFB
- Transaction Banking and Supply Chain
310 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 313
No Title Roles and Responsibilities
c. Chief Strategy Officer Office
d. Sustainable Business Strategy
• In CXO system, Deputy President Director acts as Chief Strategic Officer (CSO) and in Business
Unit system acting as Head of Corporate Business Unit.
3 Deputy President Director • To specifically overseeing:
a. Retail Lending Business
- Pension Business
- Micro Business & Joint Finance
- Customer Experience Management RLB
- Sales Management & Capability RLB
- Digital & Business Solution RLB
- Product & Portfolio Management RLB
b. Wealth Management Business and Network & Distribution
- Sales Management WMB
- Liabilities & Digital Management WMB
- Wealth Product Management WMB
- Customer Experience WMB
- Sales Distribution WMB & National Distribution
- Network Management
- Branch Service Distribution
- Customer Contact Center
- Customer Experience
- Operation Excellence
c. Digital Banking atau/or Chief Digital Innovation Officer (CDIO) .
- JENIUS Business Stream
- Digital Banking Solution
- Digital Banking Product & Innovation
- Digital Banking Business Performance & Customer Value Management
- Digital Banking Partnership
- Retail Banking Digital Strategy
- Digital Banking Alignment & Synergy
d. Retail Banking Risk
e. Retail Banking Strategy & Planning
• In Business Unit System, Deputy President Director acts as Head of Retail Business Unit.
4 Compliance Director • To specifically overseeing:
a. AML&CFT
b. Compliance
c. Corporate Secretary
d. Legal & Litigation
e. Communications & DAYA
f. AML Group Governance
g. Anti Financial Crime
• In CXO system acts as Chief Compliance Officer (CCO).
5 Corporate Banking Japanese • To specifically overseeing:
Director a. Corporate Banking 2
b. Corporate Banking 3
c. Corporate Banking 4
d. Corporate Banking 5
e. Corporate Banking 6
f. KYC Onboarding
g. Corporate Banking Business Planning
h. Corporate Banking Loan Reviewer
i. Corporate Banking Credit Analyst
j. Corporate Credit Middle Office
k. Corporate Banking Solution
6 Operations & Technology • To specifically overseeing:
Director a. Shared Services Operations
b. Operations Transaction Center
c. Reporting, Settlement & Access Management
d. Operations Development
e. Strategic Planning & Operations Control
f. IT Data Management
g. IT Corporate Banking Enablement
h. IT Retail Banking & Corporate Functions Enablement
i. IT Digital Service Enablement
j. IT Governance Management
k. IT Transaction Management
• In CXO system acts as Chief Business Operation Officer (CBOO).
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 311
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Good Corporate Governance
Board of Directors
No Title Roles and Responsibilities
7 Treasury Director • To specifically overseeing:
Treasury*):
a. Treasury ALM & Planning
b. Treasury Trading 1
c. Treasury Trading 2
d. Treasury Marketing 1
e. Treasury Marketing 2
• In Business Unit System, acting as Head of Global Markets Business Unit.
8 Finance & Planning Director • To specifically overseeing:
a. Financial Planning & Performance
b. Financial Controller
c. Tax Management
d. Finance Risk Control & Governance
e. Retail Banking and Operations & Technology Business Finance
• In CXO system acting as Chief Financial Officer (CFO).
Note:
* The relevant duties and responsibilities are overseen by a member of the Board of Management (BOM).
SUCCESSION OF THE BOARD OF In 2025, several development program initiatives have
DIRECTORS been implemented by the Bank for the 1-level officer
population below the BOD/BOM in the form of Executive
The policy on the succession of the Board of Directors Development Program classes, Business Mentoring
is facilitated by the Human Resource organization and Executive Coaching, Benchmarking, and CEO Talk.
within the Bank, which is carried out through the talent In addition, SMBC Indonesia Bank also cooperates with
management & succession planning process. In this SMBC group to assign the Bank’s talents to participate
context, Human Resources assesses the availability of in global talent development programs organized by
prospective members of the Board of Directors and their SMBC Group.
potential future development.
This succession is implemented through the COMPETENCY DEVELOPMENT OF THE
identification of executive officers with such potential. BOARD OF DIRECTORS
Each member of the Board of Directors conveys the
replacement who will be assessed by the Remuneration Policy
and Nomination Committee. This is then conveyed to As stipulated in the Board of Directors’ Manual,
the Board of Commissioners to be approved by the competency development programs for the Board of
GMS. Directors are conducted to support the execution of
duties and achieve sustainable growth and effective
Bank management. SMBC Indonesia facilitates
PLANS AND REALIZATION OF WORK competency development through training programs
PROGRAMS IN 2025 for the Board of Directors, aligned with the evolving
industry and governance practices.
As part of the Board of Directors succession policy
implementation, the Bank implemented various talent Competency development for the Board of Directors
development programs focused on the population of is also carried out through training programs tailored
officers one level below the BOD/BOM. It is conducted for members of the Board of Directors. This program
to ensure organizational continuity as well as to prepare reflects SMBC Indonesia’s commitment to enhancing
the Bank’s prospective leaders. competencies to support the day-to-day duties and
responsibilities of the Board of Directors. Details of the
training attended by each member of the Board of
Directors can be found in the Company Profile section
of this Annual Report.
312 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 315
Realization
No. Name and Position Training Date
1 Henoch Munandar – 1. Ernst & Young: Indonesia Forensics Thought Leadership – Corporate 1. 16 January 2025
President Director Criminal Liability
2. PERBANAS CEO Forum 2025 – Banking Beyond Growth: Powering a 2. 22 January 2025
Sustainable and Inclusive Economy for 2025 Onward
3. SMBC Indonesia: Economic Outlook 2025 3. 18 February 2025
4. Risk Management Certification Training Level 7 4. 20 February 2025
5. Jakarta Post: The Fiscal Tightrope – Funding Indonesia’s Bold Ambitions 5. 27 February 2025
6. Senior Leaders Briefing Q1 2025 6. 13 March 2025
7. SMBC Indonesia: Economic Outlook Update by Mr. Raden Pardede & 7. 31 July 2025
Townhall of SMBC Financial Conglomeration
8. Senior Leaders Briefing Q3 2025 8. 6 August 2025
9. Indonesia–Japan Executive Dialogue 2025 – A Private Leadership Forum 9. 6 August 2025
on Outlook, Innovation & Collaboration
10. Bank Indonesia National Seminar: Strengthening Green Financing to 10. 8 August 2025
Support Sustainable Economic Transition
11. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 11. 9 September 2025
Indonesia
12. OJK: The 3rd OJK International Research Forum 12. 7 October 2025
13. SMBC Indonesia Leadership Series: Developing People, Not Just Players: 13. 2 December 2025
The Mindset Behind Great Teams
14. Senior Leaders Briefing (SLB) 4Q25 14. 8 December 2025
15. PERBANAS: CEO Forum 15. 8 December 2025
16. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 16. 17 December 2025
Townhall
2 Jun Saito – Deputy 1. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 1. 25–26 April 2025
President Director 2. SMBC Indonesia Leadership Series: Leading Beyond Borders Through 2. 23 July 2025
Diplomacy by Ms. Retno LP Marsudi (Minister for Foreign Affairs 2019–
2024)
3. SMBC Indonesia: Economic Outlook Update by Mr. Raden Pardede & 3. 31 July 2025
Townhall of SMBC Financial Conglomeration
4. Mastering Facilitation: Driving Knowledge Sharing in SMBC Indonesia 4. 10 and 19 November
2025
5. SMBC Indonesia Leadership Series: Developing People, Not Just Players: 5. 2 December 2025
The Mindset Behind Great Teams
6. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 6. 17 December 2025
Townhall
3 Michellina Laksmi 1. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 1. 25–26 April 2025
Triwardhany – Deputy 2. SMBC Indonesia: Economic Outlook Update by Mr. Raden Pardede & 2. 31 July 2025
President Director Townhall of SMBC Financial Conglomeration
3. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 3. 9 September 2025
Indonesia
4. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 4. 17 December 2025
Townhall
4 Dini Herdini – 1. Risk Management Certification Training Level 7 1. 20 February 2025
Compliance Director 2. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 2. 25–26 April 2025
3. The Asian Banker Summit 2025 – “AI is Here to Stay” 3. 21 May 2025
4. SMBC Indonesia: Economic Outlook Update by Mr. Raden Pardede & 4. 31 July 2025
Townhall of SMBC Financial Conglomeration
5. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 5. 9 September 2025
Indonesia
6. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 6. 17 December 2025
Townhall
5 Atsushi Hino – Director 1. Sustainability & GHG Accounting Seminar: Navigating Climate Regulations 1. 11 April 2025
in Indonesia
2. Building Bridges: Intercultural Communication for Better Collaboration 2. 23 June 2025
3. Refresher SMR Training Grade 7 3. 20 August 2025
4. Expat Refresher Program – Mastering Facilitation 4. 10 and 19 November
2025
5. Table Top Exercise – Cyber Incident Response Program 5. 11 November 2025
6. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 6. 17 December 2025
Townhall
6 Yuki Terayama – 1. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 1. 25–26 April 2025
Director 2. Treasury Certification Training 2. 20 June 2025
3. High-Level Campaign Local Currency Transaction (LCT) & Indonesia– 3. 25 August 2025
Japan Cross-Border QRIS (Bank Indonesia)
4. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 4. 9 September 2025
Indonesia
5. Tri-Party Agent Repo and Expansion of GMRA Signings for the 5. 6 October 2025
Development of Indonesia’s Financial Markets (Bank Indonesia)
6. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 6. 17 December 2025
Townhall
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 313
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Good Corporate Governance
Board of Directors
No. Name and Position Training Date
7 Merisa Darwis – Director 1. SMBC Indonesia: Indonesian Sign Language Workshop 1. 6 February – 12
March 2025
2. SMBC Indonesia: Economic Outlook 2025 2. 18 February 2025
3. Risk Management Certification Training Level 7 3. 1 March 2025
4. Risk Management Certification Examination Level 7 4. 20 March 2025
5. Beyond Compliance in 2025: Navigate Regulatory Shifts & Gain a 5. 21 March 2025
Competitive Edge
6. SMBC Indonesia: Senior Leader Alliance Strategy Workshop 6. 25–26 April 2025
7. INSEAD: Strategic Decision Making for Leaders 7. 2–5 June 2025
8. FORTUNE Indonesia Brainstorm 8. 12 June 2025
9. Indonesia AI Day for Security Workshop 9. 1 July 2025
10. SMBC Indonesia: Economic Outlook Update by Mr. Raden Pardede & 10. 31 July 2025
Townhall of SMBC Financial Conglomeration
11. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 11. 9 September 2025
Indonesia
12. SMBC Indonesia Leadership Series: Developing People, Not Just Players: 12. 2 December 2025
The Mindset Behind Great Teams
13. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group 13. 17 December 2025
Townhall
8 Hanna Tantani – Director 1. SMBC Indonesia: Economic Outlook 2025 1. 18 February 2025
2. The Role of GRC in Strengthening Investor Confidence and Financial 2. 25 February 2025
Sector Stability
3. Risk Management Certification Training Level 7 3. 12 March 2025
4. Risk Management Certification Examination Level 7 4. 20 March 2025
5. The Trump Effect and Asia’s Fundamentals 5. 10 April 2025
6. Coupa – AI-Driven Total Spend Management Indonesia 6. 10 April 2025
7. GITEX Asia x AI 7. 23 April 2025
8. Deloitte SEA CFO Agenda 2025: The Rise of the Exponential CFO 8. 22 May 2025
9. OJK Webinar: Agentic AI in Finance – A New Era of Autonomous Decision- 9. 3 July 2025
Making
10. PERBANAS: CFO Forum 10. 24–25 July 2025
11. APPI: Economic Outlook 2026 Seminar 11. 2 September 2025
12. SMBC Indonesia Leadership Series: Leading Conglomerate Companies in 12. 9 September 2025
Indonesia
13. KPMG: Board Governance Forum 2025 13. 18 September 2025
14. IGNITE – Danantara Partnership 14. 25 September 2025
15. Afternoon Tea #23 Kompas Collaboration Forum 15. 26 September 2025
16. 17 December 2025
16. SMBC Indonesia: Economic Outlook by Mr. Chatib Basri & SMBC Group
Townhall
ASSESSMENT OF COMMITTEES UNDER THE BOARD OF DIRECTORS
Criteria and Procedure of Assessment
In assessing the committees under the Board of Directors, considerations, among others, including meeting
attendance, as well as the implementation of duties. Especially to ensure that all main strategies and initiatives are
acted on.
Assessment Results
Based on considering conducting the assessment, the Board of Directors views that in 2025, all committees have
appropriately carried out their duties. Thus, the committees under the supervision of the Board of Directors were
actively involved in supporting the duties of the Board of Directors.
314 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 317
Transparency of Information on the Board
of Commissioners and the Board of Directors
DIVERSITY IN THE COMPOSITION OF THE the implementation of its supervisory function with
BOARD OF COMMISSIONERS AND THE consideration of a wider range of aspects.
BOARD OF DIRECTORS
As in the case with the Board of Commissioners,
The policy on the diversity in the composition of the diversity in the composition of members of the Board of
Board of Commissioners and the Board of Directors Directors is a combination of preferred characteristics,
applied within the Bank refers to the Circular Letter of both from the aspect of the Board of Directors as a
the Financial Services Authority No. 32/SEOJK.04/2015 company organ as well as an individual, in line with the
on the Integrated Corporate Governance Guidelines. needs of the Bank. Such combination is determined by
Therefore, the appointment of the Board of considering the expertise, knowledge, and experience in
Commissioners and the Board of Directors has taken accordance with the division of duties and functions of
into account and complied with the diversity factor. the Board of Directors in accomplishing the objectives of
the Bank.
Diversity in the Board of Commissioners is reflected in
determining the expertise, knowledge, and experience Considerations on the combination of characteristics of
required to perform supervisory duties and provide the Board of Commissioners will impact the accuracy of
advice. The composition that has taken into account the nomination and appointment process of individual
the needs of a Public Company is a positive point, members of the Board of Directors or collegially the
specifically concerning decision-making as part of Board of Directors. It also applies in the case of the
Board of Commissioners.
Aspect of Diversity Board of Commissioners Board of Directors
Nationality • Indonesian • Indonesian
• Singaporean • Japanese
• Japanese
Education • Economics • Economics
• Financial Management • Financial Management
• Monetary • Law
Work Experience • Banking Practitioner • International Banking
• Auditor • Risk Management
• Financial Executive
Gender • 3 Female • 4 Female
• 3 Male • 4 Male
MEETINGS OF THE BOARD OF 3. The Board of Commissioners must periodically hold
COMMISSIONERS AND THE BOARD OF the meetings jointly with the Board of Directors at
DIRECTORS least 1 (one) time every 4 (four) months.
4. The Board of Commissioners must schedule the
Meetings of the Board of Commissioners meetings for the following year before the end of
the fiscal year.
Provisions 5. Meetings of the Board of Commissioners are led
The provisions that regulate the meetings of the by the President Commissioner or in the event the
Board of Commissioners as contained in the Board of President Commissioners is unavailable, by another
Commissioners’ Manual (BOC Manual), among others, Commissioner appointed in the meeting.
include the following: 6. Meetings of the Board of Commissioners are valid
1. Meetings of the Board of Commissioners must be and have the right to make binding decisions if
held periodically at least 1 (one) time within 2 (two) more than 1/2 (one-half) of the total members
months. of the Board of Commissioners are present or
2. Meetings of the Board of Commissioners must be represented in the meetings.
attended in person by members at least 2 (two)
times a year.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 315
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Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
7. Decision-making in the Board of Commissioners Meetings is conducted based on deliberation and consensus.
8. If the deliberative decision for consensus cannot be reached, then the decision is valid if it is taken by voting based
on affirmative votes of at least 2/3 (two-thirds) of the total votes cast at the meeting.
9. All decisions legally made in the Meetings of the Board of Commissioners are binding to all members of the Board
of Commissioners.
10. Dissenting opinions that occur in the Meetings of the Board of Commissioners are required to be recorded clearly
in the meeting minutes, together with the reasons behind such differences in opinions.
Meeting Frequency and Attendance of the Board of Commissioners
Coordination Meeting of the
Meeting of the Board of
Board of Commissioners & Attendance in the GMS
Commissioners
Name Position Board of Directors
Number of Total Number of Total Total Total
% % %
Meeting Attendance Meeting Attendance GMS Attendance
Chow Ying Hoong President 7 7 100% 7 7 100% 1 1 100%
Commissioner
Takeshi Kimoto Commissioner 7 7 100% 7 7 100% 1 1 100%
Ninik Herlani Masli Independent 7 6 86% 7 7 100% 1 1 100%
Ridhwan Commissioner
Onny Widjanarko Independent 7 7 100% 7 7 100% 1 1 100%
Commissioner
Marita Alisjahbana Independent 7 6 86% 6 7 86% 1 1 100%
Commissioner
Kusumaningtuti Independent 6 5 83% 5 6 83% 1 1 100%
Sandriharmy Soetiono Commissioner
Edmund Tondobala* Independent 1 1 100% 1 1 100% 1 1 100%
Commissioner
Ongki Wanadjati Dana* Commissioner 1 1 100% 1 1 100% 1 1 100%
* Effective until the closing of the 2025 Annual General Meeting of Shareholders (22 April 2025).
Meeting Agenda of the Board of Commissioners
No Minutes of Meeting No. Date Meeting Agenda
1 MOM.0001/BOC/II/2025 4 February 2025 1. Q4/2024 Audit Committee Report
2. Q4/2024 Risk Monitoring Committee Report
3. Q4/2024 Remuneration & Nomination Committee Report
4. Q4/2024 Integrated Governance Committee Report
2 MOM.0002/BOC/IV/2025 30 April 2025 1. Q1/2025 Audit Committee Report
2. Q1/2025 Risk Monitoring Committee Report
3. Q1/2025 Remuneration & Nomination Committee Report
4. Q1/2025 Integrated Governance Committee Report
3 MOM.0003/BOC/VI/2025 26 June 2025 1. Self-Assessment Report for the Performance of Audit Committee
2. Self-Assessment Report for the Performance of Risk Monitoring Committee
3. Self-Assessment Report for the Performance of Remuneration & Nomination
Committee
4. Self-Assessment Report for the Performance of Integrated Governance
Committee
4 MOM.0004/BOC/VIII/2025 4 August 2025 1. Q2 2025 Audit Committee Report
2. Q2 2025 Risk Monitoring Committee Report
3. Q2 2025 Remuneration & Nomination Committee Report
4. Q2 2025 Integrated Governance Committee Report
5 MOM.0005/BOC/X/2025 30 October 2025 1. Q3 2025 Audit Committee Report
2. Q3 2025 Risk Monitoring Committee Report
3. Q3 2025 Remuneration & Nomination Committee Report
4. Q3 2025 Integrated Governance Committee Report
6 MOM.0006/BOC/XI/2025 10 November 2025 Discussion on the result of OJK Exit Meeting
7 MOM.0007/BOC/XI/2025 27 November 2025 1. BOC Approval on Audit Committee Working Plan FY2026
2. BOC Approval on Risk Monitoring Committee Working Plan FY2026
3. BOC Approval on Integrated Governance Committee Working Plan FY2026
316 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 319
Meetings of the Board of Directors 7. In the event that a meeting is held outside the
schedule that has been prepared as referred
Provisions to, the meeting materials shall be submitted to
The provisions that regulate the meetings of the Board the meeting participants at the latest before the
of Directors as contained in the Manual of the Board of meeting is held.
Directors, among others, include the following: 8. Every policy and strategic decision must be
1. Meetings of the Board of Directors must be held decided through a Board of Directors meeting with
periodically at least 1 (one) time on each month. due observance of the applicable provisions.
2. Meetings of the Board of Directors may be held if 9. The Board of Directors meeting is led by the
attended or represented by the majority of all the President Director, or in the event of his absence by
members of the Board of Directors. another Director appointed in the meeting, which
3. The Board of Directors must periodically hold the does not need to be proven to a 3rd party.
meetings jointly with the Board of Commissioners 10. Decision-making of the BOD meeting shall be
at least 1 (one) time every 4 (four) months. based on deliberation to reach a consensus.
4. The Board of Directors must schedule the meetings 11. If deliberation for consensus is not reached, the
for the following year before the end of the fiscal decision is valid if taken by voting based on the
year. affirmative votes of more than ½ (one-half) of the
5. For scheduled meetings, related materials are total number of votes cast in the meeting.
delivered to participants at the latest 5 (five) days 12. All resolutions validly adopted in the Board of
before the meeting. Directors Meeting are binding for all members of the
6. Meetings of the Board of Directors are valid and Board of Directors.
have the right to make binding decisions if more 13. Differences of opinion occurring in the Board of
than 1/2 (one-half) of the total members of the Directors meeting must be clearly stated in the
Board of Directors are present or represented in the minutes of the meeting along with the reasons for
meetings. the differences of opinion.
Meeting Frequency and Attendance of the Board of Directors
Coordination Meeting of the
Meeting of the Board of
Board of Commissioners & Attendance in the GMS
Directors
Name Position Board of Directors
Number of Total Number of Total Total Total
% % %
Meeting Attendance Meeting Attendance GMS Attendance
Henoch Munandar President 35 34 97% 7 7 100% 1 1 100%
Director
Jun Saito Deputy President 20 20 100% 5 5 100% - - -
Director
Michellina Laksmi Deputy President 17 15 88% 5 5 100% - - -
Triwardhany Director
Dini Herdini Compliance 35 29 83% 7 7 100% 1 1 100%
Director
Atsushi Hino Director 35 34 97% 7 7 100% 1 1 100%
Merisa Darwis Director 35 31 89% 7 6 86% 1 1 100%
Hanna Tantani Director 35 34 97% 7 7 100% 1 1 100%
Yuki Terayama Director 20 20 100% 5 5 100% - - -
Kaoru Furuya* Deputy President 12 8 67% 1 1 100% 1 1 100%
Director
Darmadi Sutanto* Deputy President 12 8 67% 1 1 100% 1 1 100%
Director
Keishi Kobata* Director 12 12 100% 1 1 100% 1 1 100%
* Effective until the closing of the 2025 Annual General Meeting of Shareholders (22 April 2025)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 317
Page 320
Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
Meeting Agenda of the Board of Directors
No Minutes of Meeting No. Date Meeting Agenda
1 MOM.0001/BOD/I/2025 14 January 2025 1. Financial Performance Update YTD December 2024
2. Internal Audit Update
3. Governance Update - Updates on OJK Regulation on Financial
Conglomerate Holding Company
4. SLIK Project Progress Update & Kickoff Project Antasena
5. Strategic Implementation Monitoring Framework
2 MOM.0002/BOD/I/2025 21 January 2025 1. Q4 2024 Business Banking Update
2. Q4 2024 Retail Lending Business Update
3. Governance Update
4. Q4 2024 Wealth Management Business and Network & Distribution Update
5. Updates on PIKK
6. Treasury Update
7. Updates on Next Gen Core
3 MOM.0003/BOD/I/2025 30 January 2025 1. Q4 2024 Digital Banking Business Update
2. Q4 2024 Corporate Banking Japanese Update
3. Q4 2024 Wholesale Banking Group Update
4. Q4 2024 CLCS Update
i. Compliance Update
ii. AML CFT Update
iii. Communications & DAYA Update
5. FY2024 Operations & Technology Update
4 MOM.0004/BOD/II/2025 11 February 2025 1. Progress SLIK & Antasena Improvement Project
2. Governance Update
3. Financial Performance Updatae YTD January 2025
4. Q4 2024 Network & Distribution Update (continuation)
5 MOM.0005/BOD/II/2025 14 February 2025 Human Resource Update
6 MOM.0006/BOD/II/2025 25 February 2025 1. Treasury Update
2. Governance Update
3. Brand Transformation Update
4. Updates on Audited Financial Result
7 MOM.0007/BOD/III/2025 11 March 2025 1. FY2024 BTPN Syariah Performance Update
2. FY2024 OTO Group Performance Update
3. Governance Update
8 MOM.0008/BOD/III/2025 11 March 2025 Human Resource Update
9 MOM.0009/BOD/III/2025 18 March 2025 1. Update from Finance:
i. Financial Performance YTD February 2025
ii. Dividend Payment Proposal
iii. Contra Revenue
2. Treasury Update
3. SOX Update - CLC, PLC & ITGC Roll Forward Results
4. Governance Update
10 MOM.0010/BOD/IV/2025 8 April 2025 Updates on Recent Economic Condition
11 MOM.0011/BOD/IV/2025 15 April 2025 1. Update from Finance:
i. Financial Performance YTD March 2025
ii. Corporate Plan Approval
2. Q1 2025 Wealth Management Business and Network Distribution Update
3. Internal Audit Update
4. FY2024 Bankwide Outsourcing Update
12 MOM.0012/BOD/IV/2025 21 April 2025 1. Q1 2025 Business Banking Update
2. RBB Data Analytics Workgroup
3. Treasury Update
4. Governance Update
13 MOM.0013/BOD/IV/2025 29 April 2025 1. Q1 2025 Digital Banking Business Update
2. Q1 2025 Retail Lending Business Update
3. Q1 2025 Corporate Banking Japanese Update
4. Q1 2025 Wholesale Banking Group
5. Q1 2025 Compliance, AML & Communications DAYA Update
14 MOM.0014/BOD/V/2025 6 May 2025 1. Q1 2025 BTPN Syariah Performance Results
2. Q1 2025 Operations & Technology Update
3. Governance Update
4. Update Progress Project SLIK & Antasena
318 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 321
No Minutes of Meeting No. Date Meeting Agenda
15 MOM.0015/BOD/V/2025 20 May 2025 1. Q1 2025 OTO Group Performance Results
2. Update from Finance:
i. Financial Performance Update YTD April 2025
ii. Updates on KPI 2025
3. Governance Update
4. Updates from PERLINKOS Committee
5. Cross Sell Workrgoup Update
6. Updates on Next Gen Core
16 MOM.0016/BOD/V/2025 20 May 2025 1. Treasury Update
2. Updates on BOD Meeting Arrangement
17 MOM.0017/BOD/VI/2025 17 June 2025 1. Human Resource Update
2. Governance Update
3. Financial Performance Updatae YTD May 2025
4. Update Progress Project SLIK & Antasena
18 MOM.0018/BOD/VI/2025 24 June 2025 1. Bank Business Plan for BOD Approval
2. Treasury Update
3. Monhtly Business Update
4. Governance Update
19 MOM.0019/BOD/VII/2025 15 July 2025 1. Financial Performance YTD June 2025
2. Internal Audit Update
3. Governance Update
4. Update Progress Project SLIK & Antasena
20 MOM.0020/BOD/VII/2025 22 July 2025 1. Q2 2025 Digital Banking Business Update
2. Q2 2025 Wealth Management Business and Network Distribution Update
3. Q2 2025 Retail Lending Business Update
4. Governance Update
21 MOM.0021/BOD/VII/2025 29 July 2025 1. Q2 2025 Business Banking Update
2. Q2 2025 Corporate Banking Japanese Business Update
3. Q2 2025 Wholesale Banking Group Update
4. Treasury Update
5. Q2 2025 Compliance, AML & Communications DAYA Update
22 MOM.0022/BOD/VIII/2025 5 August 2025 1. Q2 2025 Operations & Technology Update
2. Q2 2025 BTPN Syariah Performance Update
3. Q2 2025 OTO Group Update
4. Governance Update
23 MOM.0023/BOD/VIII/2025 19 August 2025 1. Financial Performance YTD July 2025
2. Update Progress Project SLIK & Antasena
24 MOM.0024/BOD/VIII/2025 26 August 2025 1. Treasury Update
2. Monthly Business Update
3. Bank Business Plan 2026-2028 Kick-off
4. Governance Update
5. SOX Update – CLC Mid-Year and PLC DE Result
25 MOM.0025/BOD/IX/2025 16 September 2025 1. Financial Performance YTD August 2025
2. Governance Update
3. SOX Update – IT CLC dan ITGC Result
26 MOM.0026/BOD/IX/2025 30 September 2025 1. Treasury Update
2. Monthly Business Update (Corporate & Business Banking)
3. Governance Update
27 MOM.0027/BOD/X/2025 14 October 2025 1. Financial Performance YTD September 2025
2. Monthly Business Update (Retail Banking)
3. 2025 SMBC Cyber Security Incident Response Program
4. Internal Audit Update
5. Governance Update
6. Update Progress SLIK & Antasena Project
28 MOM.0028/BOD/X/2025 20 October 2025 Property Asset Sales Proposal
29 MOM.0029/BOD/X/2025 21 October 2025 1. Q3 2025 Digital Banking Business Update
2. Q3 2025 Wealth Management Business and Network Distribution Update
3. Q3 2025 Retail Lending Business Update
30 MOM.0030/BOD/X/2025 28 October 2025 1. Q3 2025 Business Banking Update
2. Q3 2025 Corporate Banking Japanese Update
3. Q3 2025 Wholesale, Commercial and Transaction Banking Update
4. Treasury Update
5. Q3 2025 CLCS Update:
i. Compliance Update
ii. AML-CFT Update
iii. Communications & Daya Update
iv. Anti-Financial Crime Update
31 MOM.0031/BOD/XI/2025 4 November 2025 1. Updates from OTO Group:
i. Business Plan Update
ii. Q3 2025 Performance Update
2. Updates from BTPN Syariah
i. Business Plan Update
ii. Q3 2025 Performance Update
3. Q3 2025 Operations & Technology Update
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 319
Page 322
Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
No Minutes of Meeting No. Date Meeting Agenda
32 MOM.0032/BOD/XI/2025 18 November 2025 1. Financial Performance YTD October 2025
2. Cross Sell Q3 Update and Q4 Outlook
3. Bank Business Plan 2026-2028 for BOD Approval
4. Governance Update
5. Update Progress Project SLIK & Antasena
33 MOM.0033/BOD/XI/2025 25 November 2025 1. Treasury Update
2. Monthly Business Update
3. Updates from PERLINKOS Committee
4. SOX Update
5. Extension Core Banking System – BFEQ
6. Updates on Bank Business Plan
34 MOM.0034/BOD/XII/2025 9 December 2025 Project Helios NBO Submission
35 MOM.0035/BOD/XII/2025 16 December 2025 1. Financial Performance YTD November 2025
2. Treasury Update
3. Human Resource Update
4. Governance Update
5. Update Progress Project SLIK & Antasena
Implementation of Coordination Meetings of the Board of Commissioners and the Board of
Directors
Coordination Meetings of the Board of Commissioners and Board of Directors have been set regularly along with
the schedule of Board of Commissioners Meetings and Board of Directors Meetings throughout the year. Meeting
materials and minutes have been distributed to meeting participants and have been well documented.
The Board of Commissioners meets regularly with the Board of Directors as part of its effective oversight function on
strategic, financial, operations, internal control systems, compliance, risk management, and governance aspects.
Meetings are attended either physically or through teleconference technology by the Board of Commissioners
members. During 2025, the Coordination Meeting of the Board of Commissioners and the Board of Directors were
conducted 7 (seven) times. All frequencies and levels of attendance have been presented in the “Meetings of the
Board of Commissioners” and “Meetings of the Board of Directors” sections.
Meeting decisions were made by deliberation and consensus. During 2025, there were no dissenting opinions in the
decisions of the meetings held.
Meeting Agenda of Coordination Meeting of the Board of Commissioners and the Board of Directors
No Minutes of Meeting No. Date Meeting Agenda
1 MOM.0001/BOC-BOD/I/2025 4 February 2025 1. Report on GCG Self-Assessment as of December 2024
2. Report on Financial Performance FY2024 (unaudited)
3. Report on Compliance and AML for positon Q4 2024
4. Monitoring of BOC Committee Recommendation 2H24
2 MOM.0002/BOC-BOD/IV/2025 30 April 2025 1. Report on Financial Performance for the position Q1/2025
2. BOC Approval on Financial Conglomeration Corporate Plan of Financial
Conglomeration Holding Company (FCHC) SMBC Indonesia for the year
2025-2029
3. Report on Compliance and AML for positon Q1 2025
3 MOM.0003/BOC-BOD/VI/2025 26 June 2025 1. BOC Approval for Bank Business Plan Revision for year 2025 - 2027.
2. Updates on PERLINKOS Committee
4 MOM.0004/BOC-BOD/ 4 August 2025 1. Report on Financial Performance for the position Q2 2025
VIII/2025 2. Report on GCG Self-Asessment as of June 2025
3. Report on Compliance and AML for positon Q2 2025
4. Monitoring of BOC Recommendation 1H25
5 MOM.0005/BOC-BOD/X/2025 30 October 2025 1. Updates on OJK Exit Meeting
2. Report on Financial Performance for the position Q3 2025
3. Report on Compliance and AML for positon Q3 2025
6 MOM.0006/BOC-BOD/XI/2025 17 November 2025 Follow Up Action Towards OJK Exit Meeting and Forecast of Cost of Credit
and Net Interest Margin
7 MOM.0007/BOC-BOD/XI/2025 27 November 2025 1. BOC Approval on Bank Business Plan for year 2026-2028
2. Updates from PERLINKOS Committee
320 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 323
AFFILIATION OF THE BOARD OF COMMISSIONERS, THE BOARD OF DIRECTORS,
CONTROLLING SHAREHOLDERS
Board of Commissioners
Financial Relations with Family Relations with
Board of Board of Controlling Board of Board of Controlling
Name
Commissioners Directors Shareholders Commissioners Directors Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No
Chow Ying Hoong - √ - √ √ - - √ - √ - √
Takeshi Kimoto - √ - √ √ - - √ - √ - √
Ninik Herlani Masli Ridhwan - √ - √ - √ - √ - √ - √
Onny Widjanarko - √ - √ - √ - √ - √ - √
Marita Alisjahbana - √ - √ - √ - √ - √ - √
Kusumaningtuti Sandriharmy Soetiono - √ - √ - √ - √ - √ - √
Board of Directors
Financial Relations with Family Relations with
Board of Board of Controlling Board of Board of Controlling
Name
Commissioners Directors Shareholders Commissioners Directors Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No
Henoch Munandar - √ - √ - √ - √ - √ - √
Jun Saito - √ - √ - √ - √ - √ - √
Michellina Laksmi Triwardhany - √ - √ - √ - √ - √ - √
Dini Herdini - √ - √ - √ - √ - √ - √
Atsushi Hino - √ - √ - √ - √ - √ - √
Yuki Terayama - √ - √ - √ - √ - √ - √
Merisa Darwis - √ - √ - √ - √ - √ - √
Hanna Tantani - √ - √ - √ - √ - √ - √
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 321
Page 324
Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
POLICY ON CHANGES IN SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND
THE BOARD OF DIRECTORS
Reference of Provisions
The Bank has a policy regarding the obligation of the Board of Commissioners and Board of Directors to make
disclosures to the Bank regarding share ownership and any changes in share ownership must be disclosed within 3
working days after the transaction.
The procedure refers to OJK Regulation No. 4 of 2024 concerning a Report on Ownership or Any Change in Share
Ownership of a Public Company and a Report on the Activities of Pledging Shares of a Public Company as well as OJK
Circular Letter Number 10/SEOJK.04/2025 concerning the Submission of Share Ownership Reports or Any Changes in
Share Ownership of a Company.
Disclosure of Shares Ownership and Its Changes by the Board of Commissioners
Referring to the Financial Services Authority Regulation and Corporate Governance Policy regarding the report
on Share Ownership or Change in Share Ownership of the Board of Commissioners, during 2025, there was share
ownership of SMBC Indonesia by the Board of Commissioners and disclosure of the share ownership report has been
made in accordance with applicable regulations.
The following table shows the Board of Commissioners share ownership and its changes as of 31 December 2025:
2025 2024
Name Position Total Percentage of Total Percentage of
Shares Ownership Shares Ownership
Chow Ying Hoong President Commissioner 0 0,000% 0 0,000%
Takeshi Kimoto Commissioner 0 0,000% 0 0,000%
Ninik Herlani Masli Ridhwan Independent Commissioner 0 0,000% 0 0,000%
Onny Widjanarko Independent Commissioner 0 0,000% 0 0,000%
Marita Alisjahbana Independent Commissioner 0 0,000% 0 0,000%
Kusumaningtuti Sandriharmy Soetiono* Independent Commissioner 0 0,000% - -
* Kusumaningtuti Sandriharmy Soetiono was appointed and became effective as Independent Commissioner at the Annual General Meeting of Shareholders on 22
April 2025.
In order to maintain independence to provide objective considerations for the interests of the company and regardless
of potential conflicts of interest, no Independent Commissioner owns shares of the Bank or its subsidiary companies,
or receives incentives or bonuses in the form of shares from the Bank.
322 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 325
Disclosure of Shares Ownership and Its Changes by the Board of Directors
In accordance with the Financial Services Authority Regulation and Corporate Governance Manual related to the
report on Share Ownership or Change in Share Ownership of the Board of Directors, during 2025, there was share
ownership of SMBC Indonesia by the Board of Directors and disclosure of the share ownership report has been made
in accordance with applicable regulations.
The following is a table of the Board of Directors’ share ownership and its changes as of 31 December 2025:
Share Ownership Changes in Share Ownership during 2025
Per 31 December 2024 Per 31 December 2025
Name Position Number Price Per Share OJK
Transaction Transaction Transaction
Percentage Percentage of Shares Share Ownership Reporting
Total Total Type Date Purpose
of of Transacted (IDR) Status Date
Shares Shares
Ownership Ownership
Henoch President 175,256 0.002% 176,756 0.002% Implementation 1,500 2,240 October Material Direct October
Munandar Director of Share 9, 2025 Risk 10, 2025
Ownership in Taker
the Material Risk Program
Taker Program
Jun Saito* Deputy - - 0 0.000% - - - - - - -
President
Director
Michellina Deputy - - 0 0.000% - - - - - - -
Laksmi President
Triwardhany** Director
Dini Herdini Compliance 120,072 0.001% 121,572 0.001% Implementation 1,500 2,240 October Material Direct October
Director of Share 9, 2025 Risk 10, 2025
Ownership in Taker
the Material Risk Program
Taker Program
Atsushi Hino Director 1,500 0.000% 3,000 0.000% Implementation 1,500 2,240 October Material Direct October
of Share 9, 2025 Risk 10, 2025
Ownership in Taker
the Material Risk Program
Taker Program
Yuki Director - - 0 0.000% - - - - - - -
Terayama***
Merisa Darwis Director 223,858 0.002% 225,358 0.002% Implementation 1,500 2,240 October Material Direct October
of Share 9, 2025 Risk 10, 2025
Ownership in Taker
the Material Risk Program
Taker Program
Hanna Tantani Director 149,654 0.001% 151,154 0.001% Implementation 1,500 2,240 October Material Direct October
of Share 9, 2025 Risk 10, 2025
Ownership in Taker
the Material Risk Program
Taker Program
* Jun Saito was appointed as Deputy President Director at the Annual GMS on 22 April 2025 and effective on 23 May 2025.
** Michellina Laksmi Triwardhany was appointed as Deputy President Director at the Annual GMS on 22 April 2025 and effective on 26 June 2025.
*** Yuki Terayama was appointed as Director at the Annual GMS on 22 April 2025 and effective on 27 May 2025.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 323
Page 326
Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
NOMINATION OF THE BOARD OF the Board of Commissioners. The third party (search
COMMISSIONERS AND THE BOARD OF firm) appointed by the Bank will assist in the selection
DIRECTORS process, including:
1. identifying candidates in the market who meet the
Board of Commissioners required qualifications and criteria;
2. Providing a shortlist of recommended candidates
Policies and Procedures after conducting interviews and selection processes
The nomination policy for members of the Board (including background checks, reference checks,
of Commissioners is carried out to select and/or and evaluations); and
replace members of the Board of Commissioners, 3. Providing the necessary consultation to the
which will then be presented at the General Meeting Remuneration and Nomination Committee.
of Shareholders. The candidate selection process is
conducted by the Remuneration and Nomination The Remuneration and Nomination Committee
Committee. The Committee will consider competence, proposes the selected candidates to the Board of
professional experience, and diversity of composition Commissioners for approval and ratification at the
without discriminating against race, ethnicity, gender, General Meeting of Shareholders. However, prior to
and religion. this, the Board of Commissioners passed the fit and
proper test before carrying out their duties. The Bank’s
The Bank may engage the services of an independent management must meet the requirements of integrity,
third party with a reputable standing (search firm) in competence, and financial reputation. As of December
the selection process of candidates for members of 2025, all members of the Board of Commissioners have
passed the fit and proper test.
The Board of Commissioners Nomination Process
Proposal Selection & Resolution
Recommendation
1. Proposal of candidate for 3. Selection process conducted by 5. OJK approval of the proposed
members of the Board the Remuneration & Nomination candidates for members of the Board
of Commissioners by Committee, including: of Commissioners.
the Shareholders/Board a. Analysis of the candidate’s 6. Submission of the recommendation
of Directors/Board of competence and background. of the Remuneration & Nomination
Commissioners. b. Interview (if necessary). Committee to the Board of
2. Submission of the proposed 4. Submission of the Fit & Proper Commissioners.
candidate for members of Test process to OJK. 7. The Board of Commissioners
the Board of Commissioners proposes the candidates for members
to the Remuneration & of the Board of Commissioners to
Nomination Committee. the GMS by taking into account
the recommendation of the
Remuneration & Nomination
Committee.
8. Resolution of the GMS regarding
the composition of the Board of
Commissioners.
9. Notification of changes in the
composition of the Board of
Commissioners to OJK.
Board of Directors
Policies and Procedures
The nomination policy for members of the Board of Directors is conducted to select and/or replace members of the
Board of Directors, which will then be presented at the General Meeting of Shareholders. The candidate selection
process is conducted by the Remuneration and Nomination Committee. The Committee will consider competence
and professional experience, as well as diversity in composition without discriminating against race, ethnicity, gender,
and religion.
324 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 327
The Bank may engage the services of an independent third party with a reputable standing (search firm) in the
selection process of candidates for members of the Board of Directors. The third party (search firm) appointed by the
Bank will assist in the selection process, including:
I. Identifying candidates in the market who meet the required qualifications and criteria;
II. Providing a shortlist of recommended candidates after conducting interviews and selection processes (including
background checks, reference checks, and evaluations); and
III. Providing the necessary consultation to the Remuneration and Nomination Committee.
The Remuneration and Nomination Committee proposes the selected candidates to the Board of Commissioners for
approval and ratification at the General Meeting of Shareholders. However, prior to this, the Board of Directors passed
the fit and proper test before carrying out their duties. The Bank’s Board of Directors must meet the requirements of
integrity, competence, and financial reputation. As of December 2025, all members of the Board of Directors passed
the fit and proper test.
The Board of Directors Nomination Process
Proposal Selection & Resolution
Recommendation
1. Proposal of candidate 3. Selection process conducted by 5. OJK approval of the proposed
for members of the the Remuneration & Nomination candidates for members of the Board
Board of Directors by Committee, including: of Directors.
the Shareholders/Board a. Analysis of the candidate’s 6. Submission of the recommendation
of Directors/Board of competence and background. of the Remuneration & Nomination
Commissioners. b. Interview (if necessary). Committee to the Board of
2. Submission of the proposed 4. Submission of the Fit & Proper Commissioners.
candidate for members of Test process to OJK. 7. The Board of Commissioners
the Board of Directors to the proposes the candidates for
Remuneration & Nomination members of the Board of Directors
Committee. to the GMS by taking into account
the recommendation of the
Remuneration & Nomination
Committee.
8. Resolution of the GMS regarding the
composition of the Board of Directors.
9. Notification of changes in the
composition of the Board of Directors
to OJK.
PERFORMANCE ASSESSMENT OF THE The criteria used in the assessment on the Board of
BOARD OF COMMISSIONERS AND THE Directors cover the following:
BOARD OF DIRECTORS 1. Duties and responsibilities of the Board of Directors
2. Corporate governance, risk management, and
Assessment Procedures internal control
Performance assessment of the Board of 3. Structure, size, and the composition of the Board of
Commissioners and the Board of Directors is carried out Directors
through the self-assessment method. The assessment 4. Effectiveness of meetings of the Board of Directors
is conducted collegially every year. 5. Work units and committees supporting the Board of
Directors.
Assessment Criteria
The criteria used in the assessment on the Board of Assessor
Commissioners cover the following: Performance assessment on the Board of Commissioners
1. Responsibility of the Board of Commissioners is carried out collegially. The Board of Commissioners
2. Governance, risk management, compliance, and simultaneously takes the self-assessment. The
internal control assessment results are then evaluated in the Meeting of
3. Structure, size, and composition of the Board of the Board of Commissioners. Performance assessment of
Commissioners the Board of Directors is also done collegially. The Board of
4. Meetings of the Board of Commissioners Directors simultaneously takes the self-assessment, and
5. Committees under the Board of Commissioners the assessment results are then evaluated in the Meeting
of the Board of Commissioners.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 325
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Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
Assessment Results
In 2025, the average result of the collegial performance assessment of the Board of Commissioners was “Good” While
the average result of the collegial performance assessment of the Board of Directors was “Good”.
REMUNERATION OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Policy
Determining the remuneration and other facilities for the Board of Commissioners and the Board of Directors refers to
the decision of the Shareholders established through the GMS. Establishing the remuneration is considered based on
the recommendation from the Remuneration and Nomination Committee.
In determining the remuneration of each of the Board of Commissioners and the Board of Directors, the Bank
considers the general performance, individual performance appraisal, fairness with the peer group in the Bank and in
the banking industry, as well as the capability of the Bank. The Bank’s performance as one of the factors determining
remuneration for members of the Board of Commissioners and the Board of Directors, among others, is illustrated by
the Company’s share price in the stock market.
Procedures of Determining Remuneration
The process of determining the remuneration of the Board of commissioners and the Board of Directors within the
Bank, is explained in the flow chart below:
Proposal Selection & Resolution
Recommendation
1. Survey to obtain data used as benchmark 4. Based on benchmark 5. Decision of the Board
of the Board of Commissioners and the (external) and data of of Commissioners on
Board of Directors in several banks in company’s performance the remuneration for
Indonesia. If required, the Committee (internal), Committee members of the Board of
may assign/work with consultant or other may provide suggestions/ Commissioners and the
independent parties to acquire valid data. recommendations on Board of Directors
2. Committee conducts analysis of acquired the remuneration of each 6. Approval of the GMS on the
results from survey/benchmarking. member of the Board of remuneration of the Board
3. Committee reviews Company’s Commissioners and the of Commissioners and the
performance that may reflect Board of Directors. Board of Directors
the performance of the Board of
Commissioners and the Board of Directors
Remuneration Structure of the Board of Commissioners
Total Amount of Rupiah Received (Gross) in 1 (one) Year
Type of Remuneration and Other Facilities Board of Commissioners
Total Recipients as of 31 December 2025 Rp Million
Honorarium and/or Allowance1) 6 22,700
Other facilities in the form of non-cash: housing, insurance, health,
and others that:
• Can be owned 6 128
• Cannot be owned 6 15
Total 6 22,843
1) Including the remuneration of members of the Board of Commissioners who served until 22 April 2025
326 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 329
Total Remuneration and Number of the Board Total Variable Remuneration Deferred
Benefits in One Year of Commissioners
Above Rp2 Billion 5 (Rp Million)
Above Rp1 Billion - Rp2 Billion 1 2025 2024
Detail
Above Rp500 Million – Rp1 0 Headcount Jumlah Headcount Jumlah
Billion
Board of 19 13,133 18 12,013
Below Rp500 Million 0 Directors
Number of Members of the Board of Directors, Board of Performance Review Related to Remuneration
Commissioners, and Employees Receiving Fixed and The link between performance and remuneration is
Variable Remuneration for 1 (one) Year and the Total explained as follows:
Amount. 1. The Bank adheres to the principle of meritocracy
in providing remuneration to the Board of Directors
Fixed Category and employees, both for fixed and variable
remuneration. A review of individual remuneration is
(Rp Million)
conducted annually and remuneration adjustments
Detail 2025 2024 consider the Bank’s performance, work unit
Board of Directors 104,803 59,043
performance, individual performance, and the
Bank’s capability.
Board of Commissioners 16,819 15,724
2. Concerning the Bank’s Performance Management,
Employees 1,639,595 1,506,787
each member of the Board of Directors and
employees has individual targets as the basis for
Variable Category individual performance appraisal. Individual targets
of the Board of Directors are also the targets of the
(Rp Million)
work unit/directorate the individual is in, derived
2025 2024 from the Bank’s targets, and then the targets
Detail
Headcount Total Headcount Total gradually become the targets of the smallest work
Board of 10 35.618 10 31.878 unit and the targets of individual employees at the
Directors lowest level. Each member of the Board of Directors
Board of - - - - has individual targets related to both financial and
Commissioners
non-financial aspects, including Key Performance
Employee - 253.524 - 231.831 Indicators (KPIs) related to Sustainable Growth,
Bonus
which account for approximately 30% of the total
Employee - 20.223 - 23.338
Incentive
KPIs
3. Performance assessment of the unit and the
individuals is based on the realization of the targets
Shares Option of the Board of Directors, of the work unit and the individuals. The unit
Board of Commissioners, and Executive performance is in the following category: Exceeding
Officers Target, Achieving Target, or Not Achieving Target.
Currently, SMBC Indonesia does not have a share option The unit performance also affects the performance
program. of the head of the concerned unit.
Ratio of Highest and Lowest Salary Individual performance is assessed based on the
realization of individual targets and evaluated with
Detail 2025 categories: Outstanding; Very Good; Good; Need
Highest of Employee – Lowest of Employee 117,71 Improvement; Poor.
Highest of Director – Lowest of Director 5,42
The Bank also establishes a variable remuneration
Highest of Commissioner – Lowest of 1,15
Commissioner policy by taking into account performance and risk
Highest of Director – Highest of Employee 2,17 considerations. The Bank implements a remuneration
strategy that incorporates long-term performance
evaluation and the potential risks faced. The types
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 327
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Good Corporate Governance
Transparency of Information on the Board of Commissioners and the Board of Directors
of risks considered are aligned with the Bank’s risk profile and are reviewed annually, taking into account market
conditions, performance, and the Bank’s financial capacity. Currently, the Bank has identified several positions that
have a significant impact on the Bank’s risk profile (Material Risk Takers), namely members of the Board of Directors
and Executive Officers such as the Board of Management.
The variable remuneration policy granted to Material Risk Takers is structured as follows:
a. 80% of the variable remuneration is paid in cash;
b. 20% of the variable remuneration is deferred and granted in the form of cash and/or shares.
Positions and Number of Parties that Become Material Risk Takers
Positions included in the material risk takers category are eight (8) Board of Directors and ten (10) Board of
Managements. This number is the Material Risk Takers (MRT) during 2025.
Total Amount of Rupiah Received (Gross) in One Year
Type of Remuneration and Other Facilities Board of Directors
Total Recipients as of 31 December 2025 Rp Million
Salary, bonus, routine allowance, tantiem, and other facilities in 8 121,705
the form of cash1)
Other facilities in the form of non-cash: housing, insurance, health,
and others that:
• Can be owned 8 3,723
• Cannot be owned 8 44
Total 8 125,471
1) Includes the remuneration of members of the Board of Directors who worked until April 13, 2023, 22 June 2023 and 22 April 2025
Total Amount of Remuneration and Benefits in One Year Number of the Board of Directors
Above Rp2 Billion 9
Above Rp1 Billion - Rp2 Billion 2
Above Rp500 Million – Rp1 Billion 0
Below Rp500 Million 2
Variable Remuneration
Variable remuneration within the Bank consists of Performance incentives and bonuses. The incentive is based on the
employee’s performance in sales, service, and collection. The incentive is provided monthly and quarterly.
Performance bonus is provided based on the Company’s performance, the performance of the related work unit, and
individual performance. Disbursement is realized in the following year. Performance bonus is extended in line with the
performance and financial condition of the Bank. It is provided yearly to employees who do not receive an incentive
and to the Board of Directors.
Loan Program
The Bank does not have a specific lending program for members of the Board of Directors or members of the Board
of Commissioners. Members of the Board of Directors and/or members of the Board of Commissioners may apply
for loans from existing commercial bank products with a fair interest rate as well as generally accepted terms and
conditions.
Furthermore, this transaction will be reported by the Bank as part of Related Party Transactions.
328 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 331
Committees Under
The Board of Commissioners
Until the end of the 2025 financial year, the Board The Charter is reviewed periodically to ensure the
of Commissioners had 4 (four) committees, namely coverage is in line with applicable provision and business
the Audit Committee, Remuneration & Nomination development of the Bank. The last review was approved
Committee, Risk Monitoring Committee, and Integrated by members of the Audit Committee on 19 December
Governance Committee. Each committee is responsible 2025.
for conducting reviews and supervision based on the
duties and responsibilities set out in the respective Responsibilities of the Audit Committee
committee’s Charter. in Providing Recommendations on the
Appointment and Dismissal of the External
Auditor
AUDIT COMMITTEE The Audit Committee provides recommendation to the
Board of Commissioners regarding the appointment of
The Audit Committee reports to the Board of the Public Accountant (AP) and/or the Public Accounting
Commissioners and established to support Firm (KAP) to be conveyed to the General Meeting of
the implementation of duties of the Board of Shareholders (“GMS”). The recommendation is prepared
Commissioners related to financial information, internal based on independency, scope of assignment and
control system, effectiveness of internal and external service fee.
audits as well as the Bank’s compliance implementation
to prevailing laws and regulations. In the event that the AP and/or KAP that has been
decided by the GMS cannot complete the provision of
Legal Basis audit services on annual historical financial information
The establishment of the Bank’s Audit Committee is in the Professional Assignment Period, the Committee
based on a number of laws and regulations, namely as shall provide recommendations on the appointment of
follows: a replacement AP and/or KAP to be submitted to the
1. OJK Regulation Number 17 Year 2023 dated 14 Board of Commissioners.
September 2023 regarding the Implementation of
Governance in Commercial Banks. and OJK Circular The Committee provides recommendations by
Letter number 14/SEOJK.03/2025 dated 24 June considering at least:
2025 regarding the Implementation of Governance a. Independency of AP, KAP, and KAP insiders;
for Commercial Banks. b. The scope of the audit;
2. OJK Regulation Number 9 Year 2023 dated July c. Fees for audit services;
11, 2023 regarding The Use of Public Accountant d. Expertise and experience of AP, KAP, and Audit
and Public Accountant Firm in Financial Services Team of KAP;
Activities. e. The methodology, techniques, and audit facilities
3. OJK Regulation No.1/POJK.03/2019 dated January used by KAP;
28, 2019 regarding the Implementation of Internal f. The benefits of fresh eye perspectives that will be
Audit Function in Commercial Banks obtained through the replacement of AP, KAP, and
4. OJK Regulation No. 55/POJK.04/2015 dated 23 Audit Team from KAP;
December 2015 regarding the Establishment and g. Potential risks from the use of audit services by the
Working Guideline of Audit Committee same KAP in a row for a sufficiently long period of
5. Good Corporate Governance Manual of SMBC time; and/or;
Indonesia. h. Evaluation results on the implementation of
providing audit services on annual historical
Statement of Having Committee Charter financial information by AP and KAP in the previous
In carrying out its duties and responsibilities, the Audit period, if any.
Committee has the Charter which governs, among
others, organization, among others: organization, In addition, as part of the implementation of Financial
members qualification independence, duties and Services Authority Regulation (POJK) Number 15
responsibilities, work ethics, authority, meeting, of 2024 concerning the Integrity of Bank Financial
reporting responsibility, tenure, performance evaluation.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 329
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Good Corporate Governance
Committees Under The Board of Commissioners
Reporting, the Audit Committee also carries out duties within the last 6 (six) months, unless in the
that include monitoring and evaluating: context of re-appointment as the Independent
- The implementation of internal control policies and Commissioner of the Bank for the following
procedures in the Bank’s financial reporting process; period;
and 2) does not directly or indirectly own the Bank’s
- The conformity of the Financial Statements with issued shares;
financial accounting standards and the Financial 3) does not have an affiliation with the Bank,
Services Authority regulations concerning the members of Board of Commissioners,
recording of financial transactions. members of Board of Directors, or the majority
shareholders of the Bank;
Independency 4) does not have a business relationship, which
The Audit Committee of SMBC Indonesia works and is directly or indirectly associated with the
takes decisions independently, as reflected, among business activities of the Bank.
others, in the membership of the as reflected. Among
others, in the membership of the committee as follows: b. Independent Party shall mean parties outside
a. Independent Commissioner shall mean a member of Banks having no financial, managerial, share-
of the Board of Commissioners which: ownership and/or family relationship with other
1) not an individual who works or has the members of the Board of Commissioners, Board
authority and responsibility to plan, lead, of Directors and/or controlling shareholders or
control or supervise the activities of the Bank other relationship of whatsoever nature, which may
influence his/her ability to act independently
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Ninik Herlani Masli Ridhwan Chairman Circular Resolution of the Board of • 1 February 2019 – 21
(Independent Commissioners No. PS/BOC/021/III/2022 April 2022
Commissioner) and Decree of the Board of Directors • 21 April 2022 – 22
No. SK.003/DIR/CCS/IV/2022 April 2025
2 Edmund Tondobala Member Circular Resolution of the Board of • 18 November 2020 –
(Independent Commissioners No. PS/BOC/021/III/2022 21 April 2022
Commissioner) and Decree of the Board of Directors • 21 April 2022 – 22
No. SK.003/DIR/CCS/IV/2022 April 2025
3 Onny Widjanarko Chairman Circular Resolution of the Board of 22 April 2025 – Annual
(Independent Commissioners No. PS/BOC/019/IV/2025 GMS 2028
Commissioner) and Decree of the Board of Directors
No. SK.008/DIR/CCS/IV/2025
4 Marita Alisjahbana Member Circular Resolution of the Board of 22 April 2025 – Annual
(Independent Commissioners No. PS/BOC/019/IV/2025 GMS 2028
Commissioner) and Decree of the Board of Directors
No. SK.008/DIR/CCS/IV/2025
5 Kusumaningtuti Member Circular Resolution of the Board of 22 April 2025 – Annual
Sandriharmy Soetiono (Independent Commissioners No. PS/BOC/019/IV/2025 GMS 2028
Commissioner) and Decree of the Board of Directors
No. SK.008/DIR/CCS/IV/2025
6 Aria Kanaka Member • Circular Resolution of the Board of • 21 April 2022 – 22
(Independent Party) Commissioners No. PS/BOC/021/III/2022 April 2025
and Decree of the Board of Directors • 22 April 2025 – Annual
No. SK.003/DIR/CCS/IV/2022 GMS 2028
• Circular Resolution of the Board of
Commissioners No. PS/BOC/019/
IV/2025 and Decree of the Board of
Directors No. SK.008/DIR/CCS/IV/2025
7 Ivan Purnama Sanoesi Member Circular Resolution of the Board of • 1 February 2019 – 21
(Independent Party) Commissioners No. PS/BOC/021/III/2022 April 2022
and Decree of the Board of Directors • 21 April 2022 – 22
No. SK.003/DIR/CCS/IV/2022 April 2025
8 Jacobus Sindu Adisuwono Member Circular Resolution of the Board of 20 June 2025 – Annual
(Independent Party) Commissioners No. PS/BOC/019/IV/2025 GMS 2028
and Decree of the Board of Directors
No. SK.008/DIR/CCS/IV/2025
330 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 333
Profile of Members of the Audit Committee
Onny Widjanarko
Chairman of the Audit Committee (Independent Commissioner)
Profiles are presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Marita Alisjahbana
Member of the Audit Committee (Independent Commissioner)
Profiles are presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Kusumaningtuti Sandriharmy Soetiono
Member of the Audit Committee (Independent Commissioner)
Profiles are presented in the “Profile of the Board of Commissioners” section of this Annual Report ..
• Master’s degree in Accounting from Universitas
Indonesia (2010)
• Bachelor’s degree in Accounting from Universitas
Indonesia (1997)
Educational
Background
• Initially appointed as Member of the Audit
Committee (Independent Party) since 21 April
2022, based on Circular Resolution the Board of
Commissioners No. PS/BOC/021/III/2022 and
Position Decree of the Board of Directors No. SK.003/DIR/
History, Legal CCS/IV/2022.
Basis & Term • Reappointed on 22 April 2025 based on the Circular
of Office Resolution of the Board of Commissioners No. PS/
BOC/019/IV/2025 and the Decree of the Board of
Directors No. SK.008/DIR/CCS/IV/2025
• Partner in KAP Aria Kanaka & Rekan (a member firm
of Mazars SCRL)
• Lecturer at the Faculty of Economics and Business,
Universitas Indonesia
Concurrent • Member of the Audit Committee and Independent
Positions Commissioner in several non-bank public
Aria Kanaka companies
Member of the Audit Committee • Partner in KAP (Public Accounting Firm) Kanaka
(Independent Party) & Partner (member firm of Mazars SCRL),
2013-present
• Lecturer at the Faculty of Economics and Business
Nationality Work at Universitas Indonesia, 2000-present
Indonesian Experience • Partner in several Public Accounting Firms, 2003-
2013
Domicile • Auditor at KAP Prasetio, Sarwoko & Sandjaja
Jakarta (member firm of Ernst & Young), 2002
• Auditor of KAP Prasetio Utomo & Co (member firm of
Age Andersen Worldwide), 1997-2002
51 years
old at the end of Financial Year of No affiliation with the Board of Directors, the Board of
2025 Commissioners, and Controlling Shareholders.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 331
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Good Corporate Governance
Committees Under The Board of Commissioners
Bachelor’s degree in Economics (Accounting),
Universitas Katolik Parahyangan
Educational
Background
Initially appointed as a Member of the Audit Committee
(Independent Party) effective 20 June 2025, based on
the Circular Resolution of the Board of Commissioners
No. PS/BOC/024/VI/2025 and the Decree of the Board
Position of Directors No. SK.014/DIR/CCS/VI/2025
History, Legal
Basis & Term
of Office
• Commissioner of PT Asuransi Umum BCA
• Independent Party – Member of the Audit
Committee of PT Bank BCA Syariah
• Independent Party – Member of the Audit
Concurrent Committee of PT Bank KB Indonesia Tbk
Positions • Independent Party – Member of the Risk Monitoring
• Committee of PT Bank Ina Perdana Tbk
• Independent Party – Member of the Audit
Jacobus Sindu Committee of PT Inti Bangun Sejahtera Tbk
• Independent Party – Member of the Audit
Adisuwono Committee of PT Indomarco Financial Services
Member of the Audit Committee
• President Commissioner of PT BCA Finance
(Independent Party) (2018–2021)
• Chairman of the Supervisory Board of BCA Pension
Nationality Fund (2009–2018)
Work • Chairman of the Supervisory Board of Bhakti BCA
Indonesian
Experience Foundation (2009–2018)
• Head of Internal Audit Division of PT Bank Central
Domicile
Asia Tbk (1987–2017)
Jakarta
No affiliation with the Board of Directors, the Board of
Age Commissioners, and Controlling Shareholders.
63 years
old at the end of the 2025 Financial
Year Affiliation
Professional Certification
Number of
No. Professional Certification
Holders
1. State Registration for Accountant from the Ministry of Finance of the Republic of Indonesia No. D-20.826 1
2. Public Accountant Certification (USAP) from the Indonesian Institute of Accountants 1
3. Qualified Internal Auditor (QIA) from the Internal Audit Certification Board, Internal Audit Education Foundation 1
4. Certified Internal Auditor (CIA) from The Institute of Internal Auditors Global 1
5. Indonesia Internal Audit Practitioner (IIAP) from The Institute of Internal Auditors Indonesia 1
6. Certification in Audit Committee Practitioner (CACP) from the Indonesian Institute of Audit Committee 1
7. Banking Risk Management Certification Level 7 from the Banking Professional Certification Institute 1
332 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 335
Meetings of the Audit Committee Name
Number of
Attendance Percentage
Meeting
Marita Alisjahbana 4 24 23 96%
Terms and Reference
Kusumaningtuti 24 23 96%
The meetings are governed in the Audit Committee
Sandriharmy Soetiono 4
Charter as follows:
Aria Kanaka 28 28 100%
1. Committee shall conduct regular meeting at least
Ivan Purnama Sanoesi 2
8 8 100%
once (1) a month.
2. The Committee’s Meeting may be attended Jacobus Sindu Adisuwono 4 18 17 94%
physically or through video conference facility. 1. Effective in serving as Chairman of the Audit Committee until 22 April 2025.
2. Effective in serving as Member of the Audit Committee until 22 April 2025.
These Committee meetings can only be convened 3. Effective in serving as Chairman of the Audit Committee as of 22 April
if attended by both physically or virtually at least 2025.
4. Effective in serving as Member of the Audit Committee as of 20 June 2025.
51% (fifty-one percent) of the total number of
Committee’s members. Statement of the Audit Committee on
3. The resolutions of Committee meeting are taken the Effectiveness of the Internal Control
based on consensus agreement. In the event System
that the amicable deliberation is not reached, the The Audit Committee evaluated and ensured that the
decision making will be based on majority vote. implementation of the internal control system carried
4. Committee meeting is chaired by Committee out by the Bank was effective and has adequately
Chairman. covered financial control, operation, and complied with
5. In the absence of the Committee Chairman, one the laws and regulations.
of the Committee’s member who present at the
meeting is appointed to chair the Meeting. Implementation of Activities in 2025
6. Dissenting opinions occurring in the meetings of the Throughout 2025, the activities that have been realized
Committee must be clearly stated in the minutes by the Audit Committee were as follows:
of meetings supported by the background of the 1. Review of financial information to be disclosed by
dissenting opinions. the Bank to the public and/or regulatory authorities,
7. The Committee may also take legal decision including financial statements, projections, and
without holding a Committee Meeting, provided other reports related to the Bank’s financial
that all Committee members have been notified information.
in writing and all Committee members give their 2. Monitor and evaluate the implementation of
approvals to the submitted proposal in writing internal control policies and procedures in the
by signing the circular resolution. The decisions Bank’s financial reporting process, as well as
made in this way have the same legal binding as the conformity of the Financial Statements with
the decisions which legally made at Committee financial accounting standards and Financial
Meetings. Services Authority regulations concerning the
8. The meeting between Committee and Internal recording of financial transactions. The results
Audit without the presence of Board of Directors is of such monitoring and evaluation were used
held at least once a year. to provide recommendations to the Board of
9. The meeting between Committee and External Commissioners to ensure the integrity of the Bank’s
Auditor without the presence of Board of Directors financial reporting process.
is held at least once a year after the closure of the 3. Monitor and review internal audit implementation
financial statements. year 2024 and 2025 and effectiveness of audit
10. The meeting between Committee and Compliance implementation by the Bank’s internal audit, also
working unit without the presence of Board of monitoring of the follow-up to audit result in order
Directors is held at least once a year.. to assess the adequacy of internal control, including
the adequacy of the financial reporting process.
Meeting Frequency and Attendance of the Audit 4. Review audit reports, including audits of Information
Committee Technology implementation.
During 2025, the Audit Committee held 28 (twenty- 5. Review the internal audit methodology, audit plan,
eight) meetings and the details of the attendance are scope, and budget of the Internal Audit Work Unit
presented below: (SKAI).
6. Evaluate the performance of the Internal Audit
Number of (SKAI).
Name Attendance Percentage
Meeting 7. Provide recommendations to the Board of
Ninik Herlani Masli Ridhwan 1 8 8 100% Commissioners regarding the appointment of an
Edmund Tondobala 2 8 8 100% independent external party to conduct Quality
Onny Widjanarko 3 24 24 100% Assurance Review of the internal audit function.
8. Review the follow-up action plan on the results
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 333
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Good Corporate Governance
Committees Under The Board of Commissioners
of the external Quality Assurance Review of the and Public Accounting Firm (KAP).
internal audit function and the results of the internal 14. Review the Bank’s compliance with laws and
audit function maturity assessment. regulations related to the Bank’s business activities
9. Analyze the adequacy of audits carried out by AP and other applicable regulations.
and/or KAP to ensure that all important risks have 15. Review claims involving the Bank and
been considered developments in the handling of legal issues.
10. Evaluate the implementation of audit services of 16. Monitor and review the implementation and
annual historical financial information by the Public effectiveness of the Anti-Fraud Strategy.
Accountant (AP) and/or Public Accounting Firm 17. Prepare the Audit Committee’s working plan and
(KAP). activities for 2026.
11. Provide recommendation to the Board of 18. Review the Audit Committee Charter.
Commissioners regarding the appointment of the
Public Accountant (AP) and/or Public Accounting Competency Development of the Audit
Firm (KAP). Committee
12. Monitor follow-up actions by the Board of Directors Below is the competency development of the
on findings of external auditors, audit result of OJK, independent parties, the competency development of
and/or audit result of other supervision authority other members who are the members of the Board of
and institution. Commissioners are presented in are presented in the
13. Review and provide recommendations to the Board section “Board of Commissioners” of this Annual Report.
of Commissioners regarding the provision of non-
assurance services by the Public Accountant (AP)
Name Type of Training Time Organizer
Aria Kanaka 1. Accounting and Audit Aspects of Financial Statements of Public 21 February 2025 Indonesian Institute
Service Agencies (BLU and BLUD) of Certified Public
Accountants (IAPI)
2. Socialization of Ministry of Finance Regulation (PMK) No. 37 of 2025 2 September 2025 Indonesian Tax
Consultants
Association (IKPI)
3. Accounting and Audit Considerations as well as Capital Market 16 September 2025 IAPI
Regulations in the Merger and Acquisition Process, and Updates on
the Development of the Islamic Capital Market in Indonesia
4. Implementation of Financial Accounting Standards for Private Entities 8 October 2025 IAPI
in the Preparation of Corporate Financial Statements
5. Workshop on Accounting and Audit Aspects – Financial Statements 15 October 2025 IAPI
of Cooperatives – Conventional
6. Accounting and Audit Aspects – Financial Statements of 16 October 2025 IAPI
Cooperatives – Sharia
7. Accounting and Audit Aspects in Microfinance Institutions 17 October 2025 IAPI
(Conventional/Sharia), Specialized Financial Services Institutions and
Their Regulations
8. Accounting and Audit Aspects of Loans Granted; Securities Held; and 31 October 2025 IAPI
Trade Finance (for Conventional Banks) as well as Sharia Transaction
Contracts
9. 2025 Annual Corporate and Individual Income Tax Returns (SPT): 25 November 2025 IKPI
Fiscal Reconciliation, Compliance Strategies, and Reporting Risk
Mitigation in the Coretax DGT Era
10. Income Tax Treatment of the Family as a Single Economic Unit, 26 November 2025 IKPI
Including Its Relation to the Issuance of a Taxpayer Identification
Number and National Identity Number
11. Tax Holiday After the Implementation of the Global Minimum Tax 13 December 2025 IKPI
12. Cross-Border VAT in Indonesia 15 December 2025 IKPI
Jacobus Sindu 1. Enhancing the Quality of Risk Management Implementation in 10 October 2025 Strategic
Adisuwono Strengthening Risk Governance: Strategies for Developing Risk Development Group
Appetite, Control Systems, Risk Culture, and Risk Response
2. Implementation of Internal Control Over Financial Reporting (ICOFR) 15–16 October 2025 The Institute of
Internal Auditors
Indonesia
334 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 337
REMUNERATION AND NOMINATION 2. To assist the Board of Commissioners in conducting
COMMITTEE performance evaluations in relation to the
appropriateness of the Remuneration received by
The Remuneration and Nomination Committee is each member of the Board of Directors and/or the
the committee formed by and reports to the Board Board of Commissioners;
of Commissioners to assist with the implementation 3. To provide recommendations to the Board of
of the Board of Commissioners’ function and duties Commissioners regarding:
related to remuneration and nomination of members a. The structure, policy, and amount of
of the Board of Directors and members of the Board of remuneration for the Board of Commissioners
Commissioners. Remuneration is a reward determined and the Board of Directors to be submitted to
and given to members of the Board of Directors and the General Meeting of Shareholders;
members of the Board of Commissioners as the position b. The remuneration policy for employees to be
and role assigned to them are in accordance with the submitted to the Board of Directors
duties, responsibilities, and authority of members of 4. The Committee shall ensure that the remuneration
the Board of Directors and members of the Board of policy for the Board of Commissioners and the
Commissioners. Board of Directors is at least aligned with:
a. Financial performance and the fulfillment of
Legal Basis reserves as stipulated under prevailing laws
The legal basis used in the establishment of the and regulations;
Remuneration and Nomination Committee, namely: b. Individual performance;
1. OJK Regulation No 17 of 2023 dated 14 September c. Fairness in comparison with peer groups within
2023 and OJK Circular Letter No. 14/SEOJK.03/2025 and outside the Bank; and
dated 24 June 2025 regarding the Implementation of d. Consideration of the Bank’s long-term
Governance for Commercial Banks; and objectives and strategies.
2. Corporate Governance Manual of SMBC Indonesia.
Related to Nomination Policies
Statement of Having Committee Charter 1. Providing recommendations to the Board of
In carrying out its duties and responsibilities, the Commissioners on the composition of members
Remuneration and Nomination Committee has a of the Board of Directors and/or the Board of
Charter that regulates several matters, including: Commissioners.
organization, membership requirements, independence, 2. Preparing and providing recommendations on
duties and responsibilities, remuneration policy for the the system and procedures for the selection
Board of Directors and Board of Commissioners, self- and/or replacement of members of the Board of
assessment policy for the Board of Directors and Board Commissioners and the Board of Directors to the
of Commissioners, committee assessment, authority Board of Commissioners to be presented at the
of the Remuneration and Nomination Committee, work General Meeting of Shareholders.
ethics, meetings, reporting responsibilities, and term of 3. Providing recommendations to the Board of
duty. Commissioners on prospective members of the
Board of Commissioners and/or the Board of
The Charter is reviewed periodically to ensure its Directors to be presented at the General Meeting
coverage is in line with prevailing regulations and the of Shareholders. Specifically on prospective
Bank’s business development. The latest review was members of the Board of Directors, the Human
approved by the members of the Remuneration and Resources department assists in facilitating
Nomination Committee on 22 December 2025. the talent management & succession planning
process where assessment is administered on
Duties and Responsibilities the availability of candidate members and future
Details of duties and responsibilities of the Committee development potentials. Succession is carried out
are as follows: through the identification of executive officers
with such potential. Each member of the Board of
Related to Remuneration Policies Directors presents his/her replacement candidate
1. To conduct periodic evaluations of the for evaluation by the Committee.
remuneration policy for: 4. Providing recommendations to the Board of
a. The Board of Directors and the Board of Commissioners on Independent Parties to serve as
Commissioners, and to submit the results to members of the Audit Committee, Risk Monitoring
the General Meeting of Shareholders; Committee and Integrated Governance Committee.
b. Executive officers and employees, and to
submit the results to the Board of Directors.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 335
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Good Corporate Governance
Committees Under The Board of Commissioners
5. Preparing the mechanism and conducting performance assessment of members of the Board of Directors and/or
the Board of Commissioners.
6. Preparing the competency development program for members of the Board of Directors and/or the Board of
Commissioners.
7. Assisting the Board of Commissioners in conducting performance assessment of Independent Parties by:
• Determining individual performance assessment criteria;
• Receiving the performance assessment results of members of committees under the Board of
Commissioners from the respective Committee Chair;
• Preparing recommendations based on such assessment to be submitted to the Board of Commissioners as
the basis for the reappointment or dismissal of Committee members.
Independency
Composition, qualification, and independency of members of the Remuneration and Nomination Committee comply
with OJK regulations. The Remuneration and Nomination Committee is led by an Independent Commissioner with
the addition of one Independent Commissioner, two Commissioners, and one Executive Officer who possesses
knowledge of remuneration and nomination as well as of succession plan. The composition of members of the
committee to date has supported the principle of independency in the committee’s function.
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1. Ninik Herlani Masli Ridhwan Chairman • Circular Resolution of the Board of • 1 March 2020 – 21
(Independent Commissioners No. PS/BOC/021/III/2022 April 2022
Commissioner) and Decree of the Board of Directors No. • 21 April 2022 – 22
SK.006/DIR/CCS/IV/2022 April 2025
• Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners No. PS/BOC/019/ 2028
IV/2025 and Decree of the Board of
Directors No. SK.010/DIR/CCS/IV/2025
2. Chow Ying Hoong Member • Circular Resolution of the Board of • 1 February 2019 – 21
(President Commissioners No. PS/BOC/021/III/2022 April 2022
Commissioner) and Decree of the Board of Directors No. • 21 April 2022 – 22
SK.006/DIR/CCS/IV/2022 April 2025
• Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners No. PS/BOC/019/ 2028
IV/2025 and Decree of the Board of
Directors No. SK.010/DIR/CCS/IV/2025
3. Mira Fitria Member • Circular Resolution of the Board of • 1 July 2020 – 21 April
(HR Executive Officer) Commissioners No. PS/BOC/021/III/2022 2022
and Decree of the Board of Directors No. • 21 April 2022 – 22
SK.006/DIR/CCS/IV/2022 April 2025
• Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners No. PS/BOC/019/ 2028
IV/2025 and Decree of the Board of
Directors No. SK.010/DIR/CCS/IV/2025
Profile of Members of the Remuneration and Nomination Committee
Ninik Herlani Masli Ridhwan
Chairman of the Remuneration and Nomination Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Chow Ying Hoong
Member of the Remuneration and Nomination Committee (President Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report
336 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 339
• Post Graduate Research from The London School of
Economics and Political Science (LSE) (2006)
• Master of Arts (MA) from Lancaster University (2001)
• Bachelor of Arts (BA) from Universitas Indonesia
Educational (2000)
Background
• Initially appointed as Member of the Remuneration
and Nomination Committee since 1 July 2020,
based on Circular Resolution of the Board of
Commissioners No. PS/BOC/031/VII/2020 and
Position Decision Letter of the Board of Directors No.
History, Legal SK.002/DIR/CCS/VII/2020.
Basis & Term • Reappointed on 21 April 2022, based on Circular
of Office Resolution of the Board of Commissioners No. PS/
BOC/021/III/2022 and Decision Letter of the Board
of Directors No. 006/DIR/CCS/IV/2022.
• Reappointed on 22 April 2025, based on Circular
Resolution of the Board of Commissioners No. PS/
BOC/019/IV/2025 and Decision Letter of the Board
of Directors No. SK.010/DIR/CCS/IV/2025
Head of Human Resources SMBC Indonesia
Mira Fitria Soetjipto
Member of the Remuneration Concurrent
and Nomination Committee Positions
(HR Executive Officer) • VP of Human Resources Danone Waters Indonesia
(2019-2020).
• CHRO - Corporate Affairs & Sustainability, Human
Nationality Resources, Technology, and Strategy Management
Indonesian Work The Body Shop Indonesia (2017-2019).
Experience • Human Resources Director Microsoft Indonesia
Domicile (2014-2016).
Jakarta • Senior HR Business Partner Microsoft Indonesia
(2013-2014).
Age • HR Generalist for Retail Bank, Consumer Finance,
Risk Management and Financial Control CITI
48 years Indonesia (2008-2013).
old at the end of the 2025 Financial • Leadership, Talent and Performance Management
Year Head CITI Indonesia (2006-2008).
• Regional Management Associate: Consumer Bank
Training & Development Manager Citibank Asia
Pacific Consumer Bank, Singapore (2003-2004).
• Investment, Treasury and Insurance Compliance
Manager Citibank Indonesia (2002-2003).
• Management Associate Citibank Indonesia (2001-
2002).
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 337
Page 340
Good Corporate Governance
Committees Under The Board of Commissioners
Professional Certification Implementation of Activities in 2025
Total Date Agenda
No. Professional Certification
Owners
15 January 2025 1. Interview with Candidate for Member of
1. Risk Management Certification Level 7 1 the Board of Directors
2. Determination of Recommendation
2. Risk Management Certification Level 6 2
for the Appointment of Member of the
3. General Manager MSDM Certification 1 Board of Directors
3 February 2025 1. Interview with Candidate for Member of
the Board of Directors
2. Determination of Recommendation
Meetings of the Remuneration and for the Appointment of Member of the
Board of Directors
Nomination Committee
4 February 2025 1. Interview with Candidate for Member of
the Board of Directors
Terms and Reference 2. Determination of Recommendation
for the Appointment of Member of the
The provisions related to the meetings of the Board of Directors
Remuneration and Nomination Committee established 18 March 2025 1. Performance Evaluation of Members of
the Board of Directors
within the Bank are as follows:
2. Collegial Assessment of the Board of
1. The Remuneration and Nomination Committee holds Directors, Board of Commissioners &
Committee Members
periodic meetings at least 1 (once) in 4 (four) months.
24 March 2025 1. Proposed Remuneration for the Board
2. Decisions taken in the Committee meetings are of Directors, Board of Commissioners &
based on deliberation and consensus. In the event Committee Members for 2025
2. Proposed Facilities for Members of
such deliberation and consensus are not reached, the Board of Directors & Board of
decision-making shall be conducted based on Commissioners
3. Material Risk Taker
unanimous votes.
28 May 2025 1. Interview with Candidate for Member of
3. Dissenting opinions that occur in the Committee the Audit Committee
meetings must be recorded clearly in the minutes 2. Determination of Recommendation
for the Appointment of Member of the
of the meeting with the reasons behind the Audit Committee
dissenting opinions. 3 September 2025 Reporting on the Framework of Training
and Development Programs for
Employees, the Board of Directors and the
Meeting Frequency and Attendance of the Board of Commissioners
Remuneration and Nomination Committee 3 November 2025 1. Interview with Candidate for
Independent Commissioner
During 2025, the Remuneration and Nomination 2. Determination of Recommendation
Committee held 8 (eight) meetings and the details of for the Appointment of Independent
Commissioner
the attendance are presented below:
Number Competency Development of the
Name Attendance Percentage
of Meeting Remuneration and Nomination Committee
Ninik Herlani Masli Ridhwan 8 8 100% Competency development presented here is only
Chow Ying Hoong 8 8 100% for independent members, as for members of the
Mira Fitria 8 8 100% Remuneration and Nomination Committee from the
Board of Commissioners is presented in the section
“Board of Commissioners” of this Annual Report.
338 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 341
Name
Type of Training Date Organizer
of Participant
Mira Fitria Risk Management Certification Refreshment Grade 7 20 August 2025 In-House SMBC
Indonesia
Mira Fitria Leadership Series – Leading Beyond Borders Through Diplomacy by 23 July 2025 In-House SMBC
Retno Marsudi (Minister for Foreign Affairs 2019–2024) Indonesia
Mira Fitria HR Strategy in Transforming Organisations 21 November 2025 London Business
School
Mira Fitria Leadership Series – Developing People, Not Just Players: The Mindset 2 December 2025 In-House SMBC
Behind Great Teams by David Singleton (Head Coach of the Indonesian Indonesia
Men’s National Basketball Team) and Muhamad Arighi (Indonesian
Professional Basketball Player)
RISK MONITORING COMMITTEE recommendation or advice to BOC regarding reports
or matters submitted to BOC by the Board of Directors
The Risk Monitoring Committee assists the Board (“BOD”), and are to identify matters that require BOC
of Commissioners in carrying out the duties and attention that includes:
responsibilities to actively supervise the risk 1. Prepares the annual working plan of the Committee
management of the Bank. and propose for BOC approval.
2. Provide independent professional opinion to
Legal Basis BOC on the report or related matters of risk
The legal basis used in establishing the Risk Monitoring management presented by BOD as well as to
Committee consists of the following: identify issues that require BOC attention
1. Financial Services Authority Regulation No. 18/ 3. Evaluate the compatibility of the Company’s risk
POJK.03/2016 concerning the Implementation of management policy with its implementation in
Risk Management for Commercial Banks. order to provide a recommendation for BOC.
2. Financial Services Authority Regulation No. 17 of 4. Monitor and evaluate the performance of the
2023 dated 14 September 2023 and Financial duties of the Risk Management Committee and
Services Authority Circular Letter No. 14/ Risk Management Unit in order to provide a
SEOJK.03/2025 dated 24 June 2025 concerning recommendation for BOC.
the Implementation of Corporate Governance for 5. In carrying out its roles and function, the
Commercial Banks. Committee may conduct investigations towards
3. Corporate Governance Manual of SMBC Indonesia. any matters within the scope of Committee‘s
roles and responsibility of, as well as to research
Statement of Having Committee Charter on detail with consultant, public accountant or
In carrying out its duties and responsibilities, the Risk other external parties of whom appointed by the
Monitoring Committee has established a Charter and Company in obtaining information as the basis for
Rules of Procedure, which stipulate, among others, the recommendation for BOC.
duties and responsibilities, authorities, organizational 6. If requested by BOC, Committee may carry
structure, membership requirements, independence, out other duties aside from those stated in the
meetings, term of office, committee evaluation, charter Committee’s Charter, and in line to the functions
review, code of conduct, minutes of meetings and and roles of the Committee as well as duties
reporting, reporting responsibilities, and other related required by BOC from time to time.
matters. 7. Maintain confidentiality of all documents, data and
formation of the Company.
The Charter is reviewed periodically to ensure that
the scope of work of the Risk Monitoring Committee Independency
is in line with the prevailing regulations and the Bank’s The composition, qualifications, and independence
business development. The latest review was approved of the Risk Monitoring Committee members are in
by members of the Risk Monitoring Committee on 22 accordance with the applicable provisions. The Risk
December 2025. Monitoring Committee is chaired by an Independent
Commissioner with members of 2 (two) Independent
Duties and Responsibilities Commissioners, 1 (one) Commissioner, and 2 (two)
In supporting the effectiveness of the role and Independent Parties who have expertise in risk
responsibilities implementation of BOC, the management and finance.
Committee provides professional and independent
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 339
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Good Corporate Governance
Committees Under The Board of Commissioners
Explanation of the Independent Commissioners and Independent Parties are:
1. Independent Commissioner shall mean a BOC member having no financial, administrative, share- ownership
and/or family relationship with other BOC members, BOD members and/or controlling shareholders or other
relationship of whatsoever nature, which may influence his/her ability to act independently.
2. Independent Party shall mean parties outside of Company having no financial, administrative, share-ownership
and/or family relationship with other members of the Board of Commissioners, Board of Directors and/or
controlling shareholders or other relationship of whatsoever nature, which may influence his/her ability to act
independently.
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1. Onny Widjanarko Chairman Circular Resolution of the Board of 8 May 2023 – 22 April
(Independent Commissioners No. PS/BOC/026/V/2023 2025
Commissioner) and Decree of the Board of Directors No.
SK.008/DIR/CCS/V/2023
2. Takeshi Kimoto Member - Circular Resolution of the Board of • 1 February 2019 – 21
(Commissioner) Commissioners No. PS/BOC/021/III/2022 April 2022
and Decree of the Board of Directors No. • 21 April 2022 – 22
SK.004/DIR/CCS/IV/2022 April 2025
- Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners No. PS/BOC/019/ 2028
IV/2025 and Decree of the Board of
Directors No. SK.009/DIR/CCS/IV/2025
3. Edmund Tondobala Member Circular Resolution of the Board of 21 April 2022 – 22 April
(Independent Commissioners No. PS/BOC/021/III/2022 2025
Commissioner) and Decree of the Board of Directors No.
SK.004/DIR/CCS/IV/2022
4. Ongki Wanadjati Dana Member Circular Resolution of the Board of 21 April 2022 – 22 April
(Commissioner) Commissioners No. PS/BOC/021/III/2022 2025
and Decree of the Board of Directors No.
SK.004/DIR/CCS/IV/2022
5. Sofyan Rambey Member - Circular Resolution of the Board of • 1 February 2019 – 21
(Independent Party) Commissioners No. PS/BOC/006/II/2019 April 2022
and Decree of the Board of Directors No. • 21 April 2022 – 22
003/DIR/CCS/II/2019 April 2025
- Reappointed pursuant to Circular • 22 April 2025 – AGMS
Resolution of the Board of 2028
Commissioners No. PS/BOC/021/III/2022
and Decree of the Board of Directors No.
SK.004/DIR/CCS/IV/2022
- Circular Resolution of the Board of
Commissioners No. PS/BOC/019/
IV/2025 and Decree of the Board of
Directors No. SK.009/DIR/CCS/IV/2025
6. Marita Alisjahbana • Member - Circular Resolution of the Board of • 2 September 2024 –
(Independent Commissioners No. PS/BOC/041/ 22 April 2025
Commissioner) IX/2024 and Decree of the Board of • 22 April 2025 – AGMS
• Chairman Directors No. SK.007/DIR/CCS/IX/2024 2028
(Independent - Circular Resolution of the Board of
Commissioner) Commissioners No. PS/BOC/019/
IV/2025 and Decree of the Board of
Directors No. SK.009/DIR/CCS/IV/2025
7. Nurhajati Soerjo Hadi Member - Circular Resolution of the Board of • 2 September 2024 –
(Independent Party) Commissioners No. PS/BOC/026/ 22 April 2025
VI/2024 and Decree of the Board of • 22 April 2025 – AGMS
Directors No. SK.007/DIR/CCS/IX/2024 2028
- Circular Resolution of the Board of
Commissioners No. PS/BOC/019/
IV/2025 and Decree of the Board of
Directors No. SK.009/DIR/CCS/IV/2025
8. Kusumaningtuti Member Circular Resolution of the Board of 22 April 2025 – AGMS
Sandriharmy Soetiono (Independent Commissioners No. PS/BOC/019/IV/2025 2028
Commissioner) and Decree of the Board of Directors No.
SK.009/DIR/CCS/IV/2025
340 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 343
Profile of Risk Monitoring Committee Members
Marita Alisjahbana
Chairman of the Risk Monitoring Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Takeshi Kimoto
Member of the Risk Monitoring Committee (Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Kusumaningtuti Sandriharmy Soetiono
Member of the Risk Monitoring Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report .
• MBA in Finance From John. M. Olin School of
Business, Washington University, St. Louis, USA
(1993)
• Professional title as Financial Risk Manager (FRM®)
Educational from Global Association of Risk Professional (“GARP”)
Background • Professional title as Sustainability and Climate (SCR)
from Global Association of Risk Professional (GARF)
• Certified Management Accountants dari CMA
Australia
• Initially appointed as Member of the Risk Monitoring
Committee (Independent Party) on 1 February
2019, based on Circular Resolution of the Board
of Commissioners No. PS/BOC/006/II/2019 and
Position Decree of the Board of Directors No. SK.007/DIR/
History, Legal CCS/II/2019.
Basis & Term • Reappointed on 21 April 2022, based on Circular
of Office Resolution of the Board of Commissioners No. PS/
BOC/021/III/2022 and Decree of the Board of
Directors No. SK.004/DIR/CCS/IV/2022.
• Reappointed on 22 April 2025, based on Circular
Resolution of the Board of Commissioners No. PS/
BOC/019/IV/2025 and Decree of the Board of
Directors No. SK.009/DIR/CCS/IV/2025
Sofyan Rambey
Member of the Risk Monitoring • Director GReenZONES Society
• CEO & President Director The Risk Forum
Committee (Independent Party)
Concurrent
Nationality Positions
Indonesian
• Regional Director of GARP (2005)
Domicile • EVP of PT Mandiri Sekuritas (2003-2005)
Jakarta • Group Head of PT Bank Mandiri (2001-2003)
• Commissioner of PT Exim Securities (1998-2001)
Age Work • Bureau Head of PT Bank Exim (1998-2000)
67 years Experience • Section Head of PT Bank Exim (1994-1998)
old at the end of the 2025 Financial • Section Head of PT Bank Exim (1988-1991)
Year • Account Officer of PT Bank Exim (1984-1987)
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 341
Page 344
Good Corporate Governance
Committees Under The Board of Commissioners
Bachelor of Arts in Business Finance and Banking from
Oregon State University, – Oregon, USA (1991)
Educational
Background
• Initially appointed as Member of the Risk Monitoring
Committee (Independent Party) on 2 September
2024, based on Circular Resolution the Board of
Commissioners No. PS/BOC/026/VI/2024 and
Position Decree of the Board of Directors No. SK.007/DIR/
History, Legal CCS/IX/2024.
Basis & Term • Reappointed on 22 April 2025, based on Circular
of Office Resolution of the Board of Commissioners No. PS/
BOC/019/IV/2025 and Decree of the Board of
Directors No. SK.009/DIR/CCS/IV/2025.
-
Concurrent
Positions
Nurhajati Soerjo Hadi
• Head of Internal Audit PT. Bank BTPN, Tbk (2017-
Member of the Risk Monitoring 2024)
Committee (Independent Party) • Fraud Management Unit Head at PT Bank BTPN, Tbk
(2015 - 2016)
Work • Quality Assurance and Corporate Client Execution
Nationality Experience Head at PT ANZ Bank Indonesia (2015)
Indonesian • Business Development Director (Business Manager)
of International Banking at The Royal Bank of
Domicile Scotland N.V., Jakarta Branch (2008 – 2013)
Jakarta • Director at PT. RBS Finance Indonesia (2008 – 2012)
• Credit Portfolio Management Head at ABN AMRO
Age Bank N.V., Jakarta Branch (2005 - 2008)
57 years • Deputy Head of Financial Restructuring & Recovery
old at the end of the 2025 Financial (FRR) at ABN AMRO Bank N.V., Jakarta Branch (2003
Year - 2005)
• Financial Restructuring & Recovery Officer at ABN
AMRO Bank N.V., Jakarta Branch (1999 - 2005)
• Development Director (Business Manager) to
Executive Country at ABN AMRO Bank N.V., Jakarta
Branch (1996 – 2008)
• Relationship Manager of Special Credits Group at
ABN AMRO Bank N.V., Jakarta Branch (1999)
• Team Leader/Relationship Manager of Indonesian
Corporate Banking for Medium Companies at ABN
AMRO Bank N.V., Jakarta Branch (1997-1999)
• Relationship Manager of Indonesian Corporate
Banking at ABN AMRO Bank N.V., Jakarta Branch
(1996-1997)
• Corporate Credit Account Officer at PT IBJ Indonesia
Bank, Jakarta (1991 – 1995)
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Affiliation
342 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 345
Professional Certification Meetings of the Risk Monitoring Committee
Total Terms and Reference
No. Professional Certification
Owners The provisions related to the meetings of the Risk
1. Risk Management Certification Level I–III 2 Monitoring Committee determined within the Bank are
2. Risk Management Certification Level IV 2 as follows:
3. Risk Management Certification Level V 2 1. Committee shall conduct a meeting at least once in
4. Risk Management Certification Level VI 2 a month.
5. Risk Management Certification Level VII 2 2. The agenda of Committee Meeting includes, but
6. Financial Risk Manager (FRM) Certification 1
not limited to:
a. Risk Profile;
7. Trainer for Risk Management Certification 1
Training Level I–V b. Bank Soundness Level;
8. CFA (Chartered Financial Analyst) Level I 1 c. Risk Appetite;
Certification d. Risk Management Policies, Guidelines, and
9. Licensed Investment Manager Representative 1 Procedures;
(WMI) Certification
e. Stress Testing;
10. Licensed Underwriter Representative (WPEE) 1
f. Key Risk Indicators;
Certification
g. Issues related to Fraud;
11. Licensed Securities Broker Representative 1
(WPPE) Certification h. Issues having significant impact to the Bank’s
12. Licensed Futures Broker Representative (WPB) 1 position.
Certification 3. The Committee’s Meeting may be attended
13. Fellowship in Nutritional and Environmental 1 physically or through video conference facility.
Medicine, India (2018) These Committee meetings can only be convened
14. Master in Advanced Nutritional Medicine, 1 if attended by at least 51% (fifty-one percent)
Malaysia (2019)
of the total number of members including one
15. Risk Management Certification Training Level 5 1
Independent Commissioner and one Independent
16. Risk Management Certification Training Level 6 1
Party.
17. Risk Management Certification Training Level 7 1 4. The adoption of resolutions of the Committee shall
18. Training of Trainer (ToT) Level 4 – BSMR 1 be done amicably. In case the amicable deliberation
19. Training of Trainer (ToT) Level 5 – BSMR 1 cannot be reached, the adoption of the resolutions
20. Training of Trainer (ToT) Level 6 – BSMR 1 shall be done by majority vote casting, with 1 (one)
21. Training of Trainer (ToT) Level 7 – BSMR 1 people 1 (one) vote principle.
22. Training of Trainer (ToT) Level 4 – LSPP 1 5. Committee meeting shall be chaired by
23. GRCP (Governance, Risk and Compliance 1 Committee Chairman.
Professional) Certification 6. In the absent of Committee Chairman, a meeting is
24. GRCA (Governance, Risk and Compliance 1 chaired by an appointed member of Committee in
Auditor) Certification
attendance.
25. IAAP (Integrated Audit & Assurance 1 7. Dissenting opinions occurring in the meetings of
Professional) Certification
the Committee must be clearly contained in the
26. ICEP (Integrated Compliance & Ethics 1
Professional) Certification minutes of meetings accompanied by the reasons
27. IPMP (Integrated Policy Management 1 for such dissenting opinions.
Professional) Certification 8. The Committee may adopt the decision without
28. IRMP (Integrated Risk Management 1 conducting a Committee Meeting, by informing all
Professional) Certification Committee members in writing and all members
29. IDPP (Integrated Data Privacy Professional) 1 are required to approve the submitted proposal by
Certification
signing the circular resolution. The decision made in
30. GRI (Global Reporting Initiative) Training 1
circular has the same legal binding with the decision
31. ESG (Environmental, Social and Governance) 1
made in Committee Meeting.
Training
32. SROI (Social Return on Investment) Training 1
33. 32nd A4M Annual Longevity Fest 2024, 1
“Advancing Longevity Medicine”
34. Qualified Internal Auditor (QIA) Certification 1
35. Indonesian Internal Audit Practitioner (IIAP) 1
36. Risk Management Certification Level 7 1
Refreshment
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 343
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Good Corporate Governance
Committees Under The Board of Commissioners
Meeting Frequency and Attendance of the Risk • Conglomeration and Subsidiaries report:
Monitoring Committee - Mandatory reports to the Regulator
During 2025, the Risk Monitoring Committee held (Integrated Risk Profile and Integrated
24 (twenty-four) meetings and the details of the Capital Adequacy).
attendance are presented below: - Status of each risk area managed by the
Integrated Risk Management Unit (credit
Number risk, market risk, liquidity risk, operational
Name Attendance Percentage
of Meeting risk, cybersecurity risk).
Onny Widjanarko 1 8 8 100% - Other matters related to Integrated Risk
Takeshi Kimoto 24 23 96% Management.
Edmund Tondobala 2 8 8 100% - Implementation of the duties and
Ongki Wanadjati Dana 2 8 8 100% responsibilities of the Risk Management
Committee.
Sofyan Rambey 24 24 100%
• Risk Management Policies and Procedures for
Marita Alisjahbana 3 24 22 91%
2025.
Nurhajati Soerjo Hadi 24 23 96%
Kusumaningtuti 16 15 93% In conducting monitoring and evaluation, the Risk
Sandriharmy Soetiono
Monitoring Committee also discussed additional
1 Effective as Chairman of the Risk Monitoring Committee until 22 April 2025.
2. Effective as a Member of the Risk Monitoring Committee until 22 April topics related to risks which were related to the
2025. Bank:
3. Effective as Chairman of the Risk Monitoring Committee since 22 April
2025. • Portfolio condition, cost of credit, loan yields
and financial performance of all segments, as
Implementation of Activities in 2025 well as strategies and corrective measures
Implementation of activities carried out throughout to maintain asset quality in line with the risk
2025: appetite.
1. Evaluate the compatibility of the Company’s • Risk Management review related to Retail
risk management policy with its implementation Banking growth and lending process
and the implementation of duties of the • Implementation of the Anti-Fraud Strategy.
Risk Management Committee and the Risk • Update on AI liveness fraud.
Management working unit through discussions on • Monitoring the impact of the global situation
the following topics: with new US tariffs on debtors and stress test
• Implementation of risk management for related to the new US tariffs.
various risks, including Credit Risk, Market Risk, • Business unit approach to anticipate growth in
Liquidity Risk, Operational Risk, Cybersecurity EV – Electric Vehicles.
Risk, Compliance Risk, Strategic Risk, Legal • Development of Network Distribution (Branch
Risk, and Reputational Risk. Transformation) and Risk Management review
• Non-Financial Risks (other than Operational related to Branch Governance.
Risk, Compliance Risk, Legal Risk, and • Update on progress of projects and initiatives
Reputational Risk), including Anti-Fraud for improvement and their effectiveness.
Management, Conduct Risk, Internal 2. Prepare 2026 working plan and agenda.
Control over Financial Reporting, Cyber and 3. Review of Risk Monitoring Committee Charter.
Information Security Risk, Compliance Risk,
Anti-Money Laundering and Counter-Terrorism Competency Development of the Risk
Financing Risk, Corporate Secretary, and Data Monitoring Committee
Management. The competency development presented is only
• Recovery Plan, capital adequacy condition, for independent members, as for members of
liquidity, profitability, and asset quality. the Risk Monitoring Committee from the Board of
• Regulatory Reporting, including the Risk Profile Commissioners has been presented in the “Board of
Report, Bank Soundness Level Report, and Commissioners” chapter of this Annual Report.
Stress Test.
344 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 347
Name
Type of Training Date Organizer
of Participant
Sofyan Rambey 1. Risk Management Certification Level 5 6–7 August 2024 BSMR
2. Risk Management Certification Level 6 29 August 2024 BSMR
3. Global Reporting Initiative (GRI) 24–26 September 2024 Kharisman Consulting
4. Risk Management Certification Level 7 4 October 2024 BSMR
5. ESG (Environmental, Social and Governance) 7 November 2024 Kharisman Consulting
6. SROI (Social Return on Investment) 18–19 November 2024 Kharisman Consulting
7. 32 Longevity Fest 2024
nd
13–15 December 2024 American Academy of
Anti-Aging Medicine
Global
8. Sustainability and Climate Risk (SCR) 22 May 2025 Association of Risk
Professionals (GARF)
9. Certified Management Accountant (CMA) 3–5 August 2025 CMA Australia
Nurhajati Soerjo 1. YPIA Annual Conference June 2024 YPIA
Hadi
2. Risk Management Certification Training Level 7 4 October 2024 BSMR
3. Risk Management Certification Level 7 11 October 2024 BSMR
4. Risk Management Certification Level 7 Refreshment 20 August 2025 PT GPS & Partners
INTEGRATED GOVERNANCE COMMITTEE The Charter is reviewed periodically to ensure the scope
of work of the Integrated Governance Committee is
The Committee was established to support the effective in accordance with the applicable provisions and the
implementation of the duties and responsibilities of Bank’s business development. The latest reviewed
the Board of Commissioners in assisting the Board of Integrated Governance Committee Charter was
of Commissioners of the Financial Conglomerate approved by members of Integrated Governance
Holding Company (“FCHC”), among others, to monitor Committee on 28 November 2025.
and evaluate the audit, risk management, finance,
compliance, and governance functions within SMBC Duties and Responsibilities
Financial Conglomerate. The Committee has at least the following duties and
responsibilities:
Legal Basis a. Evaluating the implementation of Integrated
The legal basis used in relation to the establishment of Governance at least through assessing
the Integrated Governance Committee is: the adequacy of internal control and the
1. OJK Regulation No. 18/POJK.03/2014 dated 18 implementation of the integrated compliance
November 2014, regarding the Implementation of function;
Integrated Governance for Financial Conglomerates b. Providing recommendations to the Board of
2. OJK Regulation No. 28/POJK.03/2019 dated 14 Commissioners of the FCHC for the refinement of
November 2019, regarding Banking Synergies the Integrated Governance Manual; and
Under One Ownership for the Development of c. Monitoring the implementation of Banking Synergy.
Sharia Banking.
3. OJK Regulation No. 30 of 2024 dated 23 December Related to the above matters, then:
2024 concerning Financial Conglomerates and a. To support the effectiveness of duties and
Financial Conglomerate Holding Companies. responsibilities of the Board of Commissioners
4. Integrated Governance Manual of SMBC Indonesia. of the FCHC, the Committee prepares an
5. Corporate Charter. annual activity plan approved by the Board of
Commissioners.
Statement of Having Committee Charter b. The Committee receives periodic reports on the
In carrying out its duties and responsibilities, the implementation of audit, risk, finance, compliance,
Integrated Governance Committee has a Charter, which and governance functions at entities within the
stipulates among others: Organization, membership Financial Conglomerate.
requirements, independence, duties and responsibilities, c. The Committee provides recommendations to
work ethics, meetings, reporting responsibilities, term of the Board of Commissioners (if necessary) on the
office, and committee assessment. reports received in accordance with letter b above.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 345
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Good Corporate Governance
Committees Under The Board of Commissioners
d. The Committee provides reports to the Board of Commissioners on its activities on a regular basis.
e. Maintaining the confidentiality of all documents, data, and information obtained and possessed from all entities
within the Financial Conglomerate.
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1. Onny Widjanarko Chairman • Circular Resolution of the Board of • 2 August 2024 – 22
(Independent Commissioners No. PS/BOC/038/VIII/2024 April 2025
Commissioner of and Decree of the Board of Directors No.
PT Bank SMBC SK.006A/DIR/CCS/VIII/2024
Indonesia Tbk) • Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
2. Ninik Herlani Masli Ridhwan Member • Circular Resolution of the Board of • 2 August 2024 – 22
(Independent Commissioners No. PS/BOC/038/VIII/2024 April 2025
Commissioner of and Decree of the Board of Directors No.
PT Bank SMBC SK.006A/DIR/CCS/VIII/2024
Indonesia Tbk) • Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
3. Dewie Pelitawati Member • Circular Resolution of the Board of • 2 August 2024 – 22
(Independent Commissioners No. PS/BOC/038/VIII/2024 April 2025
Commissioner and Decree of the Board of Directors No.
of PT Bank BTPN SK.006A/DIR/CCS/VIII/2024
Syariah Tbk) • Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
4. Muhamad Faiz Member (Sharia • Circular Resolution of the Board of • 2 August 2024 – 22
Supervisory Board Commissioners No. PS/BOC/038/VIII/2024 April 2025
of PT Bank BTPN and Decree of the Board of Directors No.
Syariah Tbk) SK.006A/DIR/CCS/VIII/2024
• Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
5. Dharma Putera Member Circular Resolution of the Board of Commissioners 22 July 2025 – AGMS
(Commissioner of of SMBC Indonesia No. PS/BOC/032/VIII/2025 2028
PT BTPN Syariah and Decree of the Board of Directors of SMBC
Ventura) Indonesia No. SK.015/DIR/CCS/VIII/2025
6. Murniaty Santoso Member • Circular Resolution of the Board of • 2 August 2024 – 22
(Independent Commissioners No. PS/BOC/038/VIII/2024 April 2025
Commissioner of and Decree of the Board of Directors No.
PT Oto Multiartha) SK.006A/DIR/CCS/VIII/2024
• Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
7. Doddy Susanto Member • Circular Resolution of the Board of • 2 August 2024 – 22
(Independent Commissioners No. PS/BOC/038/VIII/2024 April 2025
Commissioner of and Decree of the Board of Directors No.
PT Summit Oto SK.006A/DIR/CCS/VIII/2024
Finance) • Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
8. Ivan Purnama Sanoesi Member Circular Resolution of the Board of Commissioners 22 April 2025 – AGMS
(Independent of SMBC Indonesia No. PS/BOC/019/IV/2025 2028
Party) and Decree of the Board of Directors of SMBC
Indonesia No. SK.011/DIR/CCS/IV/2025
346 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 349
No. Name Position Basis of Appointment Term of Office
9. Sofyan Rambey Member • Circular Resolution of the Board of • 2 August 2024 – 22
(Independent Commissioners No. PS/BOC/038/VIII/2024 April 2025
Party) and Decree of the Board of Directors No.
SK.006A/DIR/CCS/VIII/2024
• Circular Resolution of the Board of • 22 April 2025 – AGMS
Commissioners of SMBC Indonesia No. PS/ 2028
BOC/019/IV/2025 and Decree of the Board of
Directors of SMBC Indonesia No. SK.011/DIR/
CCS/IV/2025
Profile of Members of the Integrated Governance Committee
Onny Widjanarko
Chairman of the Integrated Governance Committee (Independent Commissioner of SMBC Indonesia)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Ninik Herlani Masli Ridhwan
Member of the Integrated Governance Committee (Independent Commissioner of SMBC Indonesia)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
• Bachelor’s degree in Law from Universitas
Padjadjaran (1984)
• Master’s degree in Law from Universitas Padjadjaran
(2005)
Educational
Background
Circular Resolution of the Board of Commissioners of
SMBC Indonesia No. PS/BOC/019/IV/2025 and Decree
of the Board of Directors of SMBC Indonesia No. SK.011/
DIR/CCS/IV/2025.
Position
History, Legal Term of Office: 22 April 2025 – AGMS 2028
Basis & Term
of Office
• Financial Institutions: Independent Commissioner
PT Bank BTPN Syariah Tbk (2014-present)
• Non-Financial Institutions: Member of the Audit
Committee of Universitas Padjadjaran
Concurrent
Positions
• Senior GM Corporate Legal, Governance and
Dewie Pelitawati Compliance dan Advisor to CEO XL-Axiata Tbk
(2013-2018)
Member of the Integrated • Partners at Bahar and Partners Attorney at Law
Governance Committee Work (2010-2013)
Experience • Commissioner of PT Indosat Mega Media Mobile
(Independent Commissioner
(2002-2003)
of PT Bank BTPN Syariah Tbk) • Commissioner of PT Satelindo (2002-2003)
• SPV Legal/General Counsel of PT Indosat (2002-
2008)
Nationality • Secretary to Junior Minister at the Minister for
Indonesian National Economic Restructuring-RI (2001)
• Head of Chairman Office of Indonesia Bank
Domicile Restructuring Agency (1999-2000)
Jakarta • Legal Manager PT Indosat (1985-1999)
Age No affiliation with the Board of Directors, Board of
66 years Commissioners, and Controlling Shareholders.
old at the end of the 2025 Financial
Year
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 347
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Good Corporate Governance
Committees Under The Board of Commissioners
• Bachelor’s degree in Sharia from Universitas Islam
Madinah (1997)
• Master’s degree in Daarul Ulum from Universitas
Kairo (2013)
Educational
Background
Circular Resolution of the Board of Commissioners of
SMBC Indonesia No. PS/BOC/019/IV/2025 and Decree
of the Board of Directors of SMBC Indonesia No. SK.011/
DIR/CCS/IV/2025.
Position
History, Legal Term of Office: 22 April 2025 – AGMS 2028
Basis & Term
of Office
• Financial Institutions
1. Member of Sharia Supervisory Board of PT Bank
BTPN Syariah Tbk (2017-present)
2. Member of Sharia Supervisory Board of Sharia
Concurrent Business Unit of PT Bank Tabungan Negara
Positions (Persero) Tbk (2023-present)
3. Chairman of the Sharia Supervisory Board of
PT IMFI Syariah (2012-present)
Muhamad Faiz
Member of the Integrated • Non-Financial Institutions
1. General Chairman of MUI DKI Jakarta (2023-
Governance Committee 2028)
(member of the Sharia 2. Sharia Katib of PBNU (2022-2027)
3. Pleno Member of DSN MUI (2020-2025)
Supervisory Board of PT Bank 4. Vice Chairman of the Bahtsul Masail Institute at
BTPN Syariah Tbk) PBNU (2015- present)
5. Deputy Secretary of MUI Fatwa Commission
(2010-present)
Nationality 6. Deputy Head of PP Darul Rohman (2008-
Indonesian present)
Domicile
Jakarta According to the information contained in the
concurrent position disclosure column (still active)
Age
51 years Work
old at the end of the 2025 Financial Experience
Year
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Affiliation
348 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 351
Master’s degree – Toyohashi Institute of Technology
Educational
Background
Circular Resolution of the Board of Commissioners of
SMBC Indonesia No. PS/BOC/032/VIII/2025 and Decree
of the Board of Directors of SMBC Indonesia No. SK.015/
DIR/CCS/VIII/2025.
Position
History, Legal Term of Office: 22 July 2025 – AGMS 2028
Basis & Term
of Office
• Risk Management Head of PT Bank BTPN Syariah
Tbk
• Commissioner of PT BTPN Syariah Ventura
(2 February 2024-present)
Concurrent
Positions
1. PT Bank BTPN Syariah Tbk
Dharma Putera Position : Head of Sales and Distribution
Region 1
Member of the Integrated Term of Office : January 2017 – 31 May 2020
Governance Committee Work
Experience 2. PT Bank BTPN Syariah Tbk
(Commissioner of PT BTPN
Position : Head of Business Risk, BTPN Syariah
Syariah Ventura) Term of Office : 7 July 2014 – 31 December 2016
3. Adira Quantum – Collection Division
Nationality Position : Strategic Development Unit Head
Indonesian Term of Office : 1 March 2013 – 30 June 2014
Domicile 4. Citibank – Credit Initiation (CI) Department
Jakarta Position : Strategic Development Unit Head
Term of Office : 1 July 2008 – 24 February 2013
Age
47 years 5. Citibank – Collection & Recovery
old at the end of the 2025 Financial Position : Management Information System
Year (MIS) Head
Term of Office : 1 October 2006 – 30 June 2008
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 349
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Good Corporate Governance
Committees Under The Board of Commissioners
Master of Science from MIT-Sloan School, Boston, USA
(1989)
Educational
Background
Circular Resolution of the Board of Commissioners of
SMBC Indonesia No. PS/BOC/019/IV/2025 and Decree
of the Board of Directors of SMBC Indonesia No. SK.011/
DIR/CCS/IV/2025.
Position
History, Legal Term of Office: 22 April 2025 – AGMS 2028
Basis & Term
of Office
• Independent Commissioner of PT Summit Oto
Finance
• Independent Commissioner of PT Oto Multiartha
Concurrent
Positions
• Independent Commissioner of PT Summit Oto
Murniaty Santoso Finance (2005 – Present)
• Independent Commissioner of PT Oto Multiartha
Member of the Integrated (2003 – Present)
Governance Committee Work • President Commissioner of PT Verena Multifinance
Experience Tbk (2003 – 2021)
(Independent Commissioner
• President Director of PT Tunas Sepadan Investama
of PT Oto Multiartha) (1999 – 2001)
• Director of Bentala Sanggrahan Group (1995 – 1998)
• Commissioner of PT Oto Multiartha (1994 – 2003)
Nationality • President Commissioner of PT Manunggal Multi
Indonesian Finance (subsequently renamed PT Oto Multiartha)
(April 1994 – November 1994)
Domicile • Chief Financial Officer (CFO) of Argo Manunggal
Jakarta (1993 – 1995)
• Chief Financial Officer (CFO) – Automotive Group II,
Age PT Astra International (1986 – 1993)
72 years • General Manager of Budget and Business
old at the end of the 2025 Financial Development, PT Astra International (1981 – 1986)
Year • Finance Manager, PT Broken Hill Proprietary
Indonesia (1975 – 1981)
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Affiliation
350 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 353
Social and Political Commerce Administration from
Universitas Katholik Parahyangan (1984)
Educational
Background
Circular Resolution of the Board of Commissioners of
SMBC Indonesia No. PS/BOC/019/IV/2025 and Decree
of the Board of Directors of SMBC Indonesia No. SK.011/
DIR/CCS/IV/2025.
Position
History, Legal Term of Office: 22 April 2025 – AGMS 2028
Basis & Term
of Office
• Independent Commissioner of PT Summit Oto
Finance
• Commissioner of PT Karya Dosan Mandiri
Concurrent
Positions
• Independent Commissioner of PT Summit Oto
Doddy Susanto Finance (2022 – Present)
• Commissioner of PT Karya Dosan Mandiri (2015 –
Member of the Integrated Present)
Governance Committee Work • Director of PT Sinartama Gunita (2017 – 2021)
Experience • Commissioner of PT Sinar Mas Multifinance (2017 –
(Independent Commissioner
2021)
of PT Summit Oto Finance) • Commissioner of PT Pasar Dana Pinjaman (2016 –
2021)
• President Director of PT Sinar Mas Multiartha Tbk
Nationality (2009 – 2021)
Indonesian • President Director of PT Sinar Mas Multifinance
(2000 – 2017)
Domicile • Director of PT Sinar Mas Multiartha Tbk (2000 –
Jakarta 2009)
• President Commissioner of PT Sinarmas Asset
Age Management (2011 – 2021)
65 years • Commissioner of PT Asuransi Sinar Mas (2003 –
old at the end of the 2025 Financial 2014)
Year • Commissioner of PT AB Sinar Mas Multifinance
(2002 – 2020)
• Chief Operating Officer of PT Asuransi Jiwa Sinarmas
(1999 – 2000)
• Director of PT Bank International Indonesia Tbk (1997
– 1999)
• Head of Sumatra Region, PT Bank International
Indonesia Tbk (1994 – 1997)
• Deputy Regional Manager for East Java and Eastern
Indonesia, PT Bank International Indonesia Tbk (1991
– 1994)
• Head of Central Java Region, PT Bank International
Indonesia Tbk (1990 – 1991)
• Branch Manager, PT Bank International Indonesia
Tbk (1987 – 1990)
• Account Officer, PT Bank International Indonesia Tbk
(1987)
• Management Development Program, PT Bank
International Indonesia Tbk (1986 – 1987)
• Credit Administration Staff, PT Bankap (1985 – 1986)
No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Affiliation
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 351
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Good Corporate Governance
Committees Under The Board of Commissioners
• Master’s degree in Financial Management, PPM
Institute (2004)
• Bachelor’s degree in Economics (Accounting),
Universitas Tarumanegara (1988)
Educational
Background
Circular Resolution of the Board of Commissioners of
SMBC Indonesia No. PS/BOC/019/IV/2025 and Decree
of the Board of Directors of SMBC Indonesia No. SK.011/
DIR/CCS/IV/2025.
Position
History, Legal Term of Office: 22 April 2025 – AGMS 2028
Basis & Term
of Office
• Member of Risk Monitoring Committee of
PT Bank Mega Tbk.
• Member of Risk Monitoring Committee of
PT Bank Ina Perdana Tbk.
Concurrent • Member of Risk Monitoring Committee of
Positions PT Bank Hibank Indonesia
• Member of Risk Monitoring Committee of
PT BCA Digital
Ivan Purnama Sanoesi
Member of the Integrated • Member of the Audit Committee of
PT Bank SMBC Indonesia Tbk (2019 – 2025)
Governance Committee • Member of the Audit Committee of
(Independent Party) Work
PT Bank Sumitomo Mitsui Indonesia (July 2018 –
February 2019)
Experience • Advisor to PT Central Santosa Finance (September
Nationality 2016 – August 2018)
Indonesian • Deputy Head of the Audit Division of PT Bank Central
Asia Tbk (1999 – May 2016)
Domicile • Head of the Audit Bureau of PT Bank Central Asia Tbk
Jakarta (1992 – 1999)
• Head of Audit Section/Unit ofPT Bank Central Asia
Age Tbk (1989 – 1992)
64 years • Staff of the Audit Division of PT Bank Central Asia
Tbk (1986 – 1989)
old at the end of the 2025 Financial
Year No affiliation with the Board of Directors, the Board of
Commissioners, and Controlling Shareholders.
Affiliation
Sofyan Rambey Meetings of the Integrated Governance
Member of the Integrated Governance Committee Committee
(Independent Party)
Profile is presented in the “Profile of the Risk Monitoring Terms and Reference
Committee” section of this Annual Report. Provisions related to the implementation of Integrated
Governance Committee meetings have been regulated
in the Integrated Governance Committee charter:
Sertifikasi Profesi 1. The Committee holds regular meetings at least
once every 6 (six) months.
Total 2. The Committee may invite parties other than
No. Professional Certification
Owners Committee members from SMBC Financial
1. Risk Management Certification Level 6 6 Conglomeration to attend and provide information
2. Risk Management Certification Level 7 4 in the Meeting if related to the agenda of the
3. Certification for Securities Trading 1 Meeting.
Representative (WPPE)
352 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 355
3. At the invitation of the Chairman of the Committee, Meeting Frequency and Attendance of the Integrated
members of the Board of Commissioners who are Governance Committee
not members of the Committee may attend the During 2025, the Integrated Corporate Governance
Committee Meeting as observers who do not have Committee held 3 (three) meetings and the details of
voting rights in the decision-making of the Meeting. the attendance are presented below:
4. Committee meetings may be attended physically
or through video conference facilities. Such Number of
Name Attendance Percentage
Committee meetings can only be held if attended Meeting
physically or virtually by at least 51% (fifty-one Onny Widjanarko 3 3 100%
percent) of the total number of Committee Ninik Herlani Masli Ridhwan 3 3 100%
members, including the Chairman of the Committee Dewie Pelitawati 3 3 100%
or Independent Commissioner of the FCHC. Muhamad Faiz 3 3 100%
5. Decisions of the Committee meetings are made
Dharma Putera* 2 2 100%
based on deliberation and consensus. If deliberation
Murniaty Santoso 3 3 100%
and consensus cannot be reached, decisions shall
Doddy Susanto 3 3 100%
be made based on a majority vote.
6. The Committee meeting shall be led by the Ivan Purnama Sanoesi** 2 2 100%
Chairman of the Committee. Sofyan Rambey 3 3 100%
7. If the position of the Committee Chairman is vacant, * Appointed as a Member of the Integrated Governance Committee since 22
April 2025.
the Independent Commissioner of FCHC may ** Appointed as a Member of the Integrated Governance Committee since 22
temporarily replace the position of chairman of the July 2025.
committee as chairman of the Meeting.
8. Dissenting opinions occurring in the Committee Implementation of Activities in 2025
meeting shall be stated clearly in the minutes of the The activities carried out by the Integrated Governance
meeting along with the reasons for the dissenting Committee throughout 2025 were as follows:
opinions.
9. The Committee may also make valid decisions Date Activity
without holding a Committee Meeting, as long as
13 February 2025 Meeting of the Integrated Governance
all members of the Committee have been notified Committee
in writing and all members of the Committee agree 7 August 2025 Meeting of the Integrated Governance
to the proposal submitted in writing by signing Committee
the circular agreement. Decisions made in such 28 November 2025 Meeting of the Integrated Governance
a manner shall have the same force as decisions Committee
made validly at a Committee Meeting.
Competency Development of the
Integrated Governance Committee
Competency development for members of the Integrated
Governance Committee from the Board of Commissioners
of SMBC Indonesia has been presented in the “Board of
Commissioners” chapter of this Annual Report.
Name
Type of Training Date Organizer
of Participant
Dewie Pelitawati 1. Climate Risk Update 1. 16 January 2025 1. Albidin Linda
2. Executive Refreshment Session – Cybersecurity and Cyber 2. 23 May 2025 2. Hendro & Eryk Budi
Resilience 3. 31 July 2025 3. Creco Research and
3. Economic Outlook & Townhall 2025 Consulting; AGMD
4. Leadership Series – Leading Conglomerate Companies in SMBC dan SMBC
Indonesia Indonesia
5. Risk Management Certification Refreshment (1 UK) Level 6 4. 9 September 2025 4. Frans Kesuma
and Level 7 & Risk Awareness 5. 9 October 2025 5. BARA
6. Sustainable Finance 6. 16 December 2025 6. RIZKY
7. Economic Outlook, Indonesia’s Economic Policy and Strategy WISNOENTORO
in 2026 (CEO & Co-Founder
Impac+ Indonesia)
7. 17 December 2025 7. Chatib Basri
Muhamad Faiz Mandatory Refreshment (APU PPT, Compliance, Anti-Fraud, 1 October 2025 E-Learning
UPPK, Islamic Banking, Information Security Awareness (ISA), (Self-Learning)
E&G, Risk Awareness & Code of Conduct)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 353
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Good Corporate Governance
Committees Under The Board of Commissioners
Name
Type of Training Date Organizer
of Participant
Dharma Putera 1. Climate Risk Management & Scenario Analysis – CRMS 1. 10–11 February 1. Manaek Robert
Banking (Climate Risk Stress Testing) 2025
2. Allowance for Impairment Losses (CKPN) Training – IFRS 9: 2. 5–6 March 2025 2. Reinhard Silaban,
Financial Instruments Andreas
3. Updates on Climate Risk 3. 16 January 2025 3. EY Indonesia: Albidin
Linda
4. Executive Refreshment Session – Cybersecurity & Cyber 4. 23 May 2025 4. Hendro & Eryk Budi
Resilience
5. Liquidator Certification Preparation 5. 25–29 August 2025 5. PPLI
6. Liquidator Certification Examination 6. 30 August 2025 6. PPLI
7. Leadership Series – Leading Conglomerate Companies in 7. 9 September 2025 7. Frans Kesuma
Indonesia
8. Mandatory Refreshment 8. 4 September 2025 8. Self Learning
9. Sadarisiko Webinar: “Do Not Become a Fraud Perpetrator! 9. 25 September 2025 9. Sulistyoningsih
Fraud Actions and Their Impact on Career Reputation”
10. Risk Management Certification Refreshment (1 UK) Level 6 10. 9 October 2025 10. BARA Institute
and Level 7 & Risk Awareness
11. Sustainable Finance 11. 16 December 2025 11. Rizky Wisnoentoro
(CEO & Co-Founder
Impac+Indonesia)
Murniaty Santoso 1. National Seminar “OJK Policy Direction 2025 and the New 1. 4 February 2025 1. APPI
Government’s Economic Growth Strategy”
2. National Seminar “Will Trade War Create Financial Turmoil?” 2. 6 May 2025 2. APPI
3. Online Seminar “Economic Outlook 2026” 3. 2 September 2025 3. APPI
Doddy Susanto National Seminar “OJK Policy Direction 2025 and the New 4 February 2025 APPI
Government’s Economic Growth Strategy”
Ivan Purnama 1. How to Achieve Peak Performance 1. 17 January 2025 1. OJK Institute
Sanoesi 2. Digital Transformation in the Financial Sector 2. 23 January 2025 2. OJK Institute
3. Economic and Financial Outlook 2025 3. 20 February 2025 3. OJK Institute
4. The Role of GRC in Enhancing Investor Confidence & Financial 4. 25 February 2025 4. OJK Institute
Sector Stability
5. The Domino Effect of Trump Tariffs 5. 15 May 2025 5. OJK Institute
6. The Future of Cybersecurity 6. 5 June 2025 6. OJK Institute
7. Personal Data Protection and the Impact of Biometric 7. 19 June 2025 7. OJK Institute
Technology in Indonesia
8. Agentic AI in Finance 8. 3 July 2025 8. OJK Institute
9. Principles for the Implementation of AI in Indonesian Banks 9. 9 July 2025 9. Intellectual Business
Community
10. Building the Global Sustainable Islamic Finance Ecosystem 10. 24 July 2025 10. OJK Institute
11. Mid-Year Capital Market Review 2025 11. 7 August 2025 11. OJK Institute
12. Generative AI Transformation 12. 25 August 2025 12. OJK Institute
13. Strategies to Enhance Competitiveness and Deepen Islamic 13. 28 August 2025 13. OJK Institute
Banking and Capital Markets
14. Latest Trends in Money Laundering Schemes and Methods 14. 18 September 2025 14. OJK Institute
15. Oversight in the Digital Bank 15. 3 October 2025 15. LPPI
16. Risk Appetite and Risk Culture: Key Pillars in Strengthening 16. 9 October 2025 16. OJK Institute
Risk Management in the Financial Sector
17. The Role of Digital Forensics in Handling and Uncovering 17. 16 October 2025 17. OJK Institute
Financial Crimes
18. Auditing Culture and Ethics 18. 1 December 2025 18. IIA Indonesia
Sofyan Rambey 1. Risk Management Certification Level 5 1. 6–7 August 2024 1. BSMR
2. Risk Management Certification Level 6 2. 29 August 2024 2. BSMR
3. Global Reporting Initiative (GRI) 3. 24–26 September 3. Kharisman
2024 Consulting
4. Risk Management Certification Level 7 4. 4 October 2024 4. BSMR
5. ESG (Environmental, Social and Governance) 5. November 2024 5. Kharisman
Consulting
6. SROI (Social Return on Investment) 6. 18–19 November 6. Kharisman
2024 Consulting
7. 32nd Longevity Fest 2024 7. 13–15 December 7. American Academy
2024 of Anti-Aging
Medicine
8. Sustainability and Climate Risk (SCR) 8. 22 May 2025 8. Global Association
of Risk Professionals
(GARF)
9. Certified Management Accountant (CMA) 9. 3–5 August 2025 9. CMA Australia
354 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 357
Committees Under
The Board of Directors
In accordance with the prevailing regulations, the Bank ASSET AND LIABILITY COMMITTEE (ALCO)
is required to establish at least 3 (three) committees
to assist the Board of Directors, namely the Risk Structure and Membership
Management Committee, the Asset and Liability Composition of members of the Asset and Liability
Committee, and the Information Technology Steering Committee (“ALCO”) as of 31 December 2025, is as
Committee. These committees are accountable to the follows:
Board of Directors in supporting the execution of its
duties and responsibilities. Chairman: Director of Treasury
However, considering the complexity of SMBC Members:
Indonesia’s business activities, enhanced governance 1. President Director
oversight and continuous improvement in the 2. Deputy President Director 1
implementation of good corporate governance are 3. Deputy President Director 2
required. Accordingly, the Bank has established 11 4. Head of Risk Management
(eleven) committees as follows: 5. Director of Finance and Planning
1. Asset and Liability Committee
2. Risk Management Committee Secretary: Head of Treasury
3. Non-Financial Risk Management Committee
4. Information Technology Steering Committee Work Guidelines and Procedures (Charter)
5. Credit Policy Committee The ALCO’s Charter is established as guidelines or
6. Credit Committee reference for members of ALCO, among others, for the
7. Information Governance Steering Committee following:
8. Human Resources Committee 1. Monitoring and managing assets and liabilities.
9. Fraud Committee 2. Monitoring market development and factors that
10. Sustainability Committee may influence the financing and liquidity of the
11. Integrated Risk Management Committee bank.
3. Monitoring the bank’s risk exposure such as interest
and exchange value risk.
4. Deciding and providing directions in interest rate
management, both interest funding and lending.
5. And other related matters.
Duties and Responsibilities
The Asset and Liability Committee has duties and
responsibilities, among others, including the following:
1. Reviewing, monitoring, and approving the overall
balance sheet strategy on liquidity, price, and
capital management.
2. Providing an overview of the domestic and world
economic conditions, as well as the implication
analysis from the monetary and fiscal policies that
have been and/or will be taken by the government.
Statement of Committee Independence
All committee members are capable of carrying out
their duties and functions independently for the Bank’s
interests, without being influenced by any party.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 355
Page 358
Good Corporate Governance
Committees Under The Board of Directors
Implementation of Duties in 2025
No. Activities Implementation Period
1 Approved the green asset pipeline initiative and pricing. January 2025
2 Approved: February 2025
• New methodology for IoC (Income on Capital) in the form of incentives for Deposits;
• Incentives for Non-Sensitive CASA (Current Account Saving Account);
• Special SLR (Special Loan Rate) scheme for corporate customers.
3 Discussed: March 2025
• Definition of Sensitive Deposit Back-to-Back Special FTP for Business Banking customers;
Approved:
• Back-to-Back Special Rate for Wholesale Business Group customers.
4 Discussed: April 2025
• Adjustment to Short-Term FTP (Fund Transfer Pricing) IDR;
Approved:
• Simulation of the Contingency Funding Plan (CFP);
• Definition of Sensitive Deposit.
5 Updated on: May 2025
• Results of the Contingency Funding Plan (CFP) simulation;
• Impact of IoC (Income on Capital) allocation on the 2025 RBB using the new IoC methodology;
Approved:
• Plan to issue SMBC Indonesia Bank Bonds V Phase III.
6 Approved: June 2025
• Annual review of IRRBB (Interest Rate Risk in the Banking Book) assumptions;
• Annual review of internal LCR (Liquidity Coverage Ratio) and NSFR (Net Stable Funding Ratio) limits;
• Adjustment to FTP formula for tenors up to 1 week and additional allowance for SLR margin reduction for
corporate customers with loan tenors of less than 1 week.
7 Updated on: July 2025
• Results of discussions with Bank Indonesia and other banks regarding proportional allocation of BI Time
Deposits (BI TD);
• Evaluation results of the effectiveness of Non-Sensitive Deposit IoC post-implementation;
Approved:
• Daily publication of Singapore Dollar FTP for Retail customers.
8 Updated on: August 2025
• Results of the issuance of SMBC Indonesia Bank Bonds V Phase III;
Approved:
• Bilateral loan plan with BCA and Bank of America.
9 Discussed: September 2025
• Project Vulcan;
• Incentives for green asset proposals.
10 Approved: October 2025
• CASA Core Balance for the 2026–2028 RBB (Bank Business Plan);
• IRRBB Premium 2026.
11 Discussed: November 2025
• Changes in the methodology for Income on Capital allocation and Credit RWA calculation using the
system;
Approved:
• FTP projections in the 2026–2028 RBB & Corporate Plan 2025–2029;
• FTP deposits in foreign currencies (EUR, AUD, GBP, and CNH);
• Continuation of Project Vulcan through 2025.
12 Approved: December 2025
• Changes in the methodology for Income on Capital allocation and Credit RWA calculation using the
system;
Discussed:
• IoC for strategic initiatives and unallocated IoC for Non-Sensitive Deposits.
13 Approved the publication of the Prime Lending Rate (SBDK) for January 2025 – December 2025. January–December
2025
356 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 359
Meeting Frequency and Attendance
Throughout 2025, the ALCO Committee held 12 (twelve) meetings, with details of attendance of its members as
follows:
Number of
Name Position Attendance Percentage
Meeting
Keishi Kobata1) 4 4 100%
Chairman/Treasury Director
Yuki Terayama 2)
8 8 100%
Henoch Munandar Member/President Director 12 11 92%
Kaoru Furuya3) 4 3 75%
Member/Deputy President Director 1
Jun Saito 4)
8 8 100%
Darmadi Sutanto5) 4 3 75%
Member/Deputy President Director 2
Michellina Laksmi Triwardhany6) 6 5 83%
Sendiaty Sondy Member/Head of Risk Management 12 12 100%
Hanna Tantani Member/Financial & Planning Director 12 12 100%
Wiwig Santoso Secretary/Head of Treasury 12 12 100%
Effective Date:
1) Effective until 22 April 2025
2) Effective since 27 May 2025
3) Effective until 22 April 2025
4) Effective since 23 May 2025
5) Effective until 22 April 2025
6) Effective since 26 June 2025
Competency Development • Permanent Non-Voting members:
The competency development of Board of Directors 1. Head of Internal Audit
level committee members is presented in the 2. Risk Management Executive Officer (Secretary)
competency development section of the Board of
Directors: The membership of the committee is ex officio
(by position).
RISK MANAGEMENT COMMITTEE Meeting Procedures
Implementation guidelines for Risk Management
Structure and Membership Committee meetings are as follows:
The composition of the Risk Management Committee 1. Meetings of the Committee are held at least 8
as of 31 December 2025, is as follows: (eight) times annually in line with the set meeting
agenda. If required, a meeting may be held at any
Chairman: Head of Risk Management time upon the request of one of the Permanent
Voting Members.
Members: 2. The meeting is led by the Chairman of the
• Permanent Voting members: Committee. In the event the Chairman of the
1. President Director Committee is unable to attend, the meeting will be
2. Deputy President Directors led by one of the committee members who serves
3. Compliance & Legal Director as a Director and appointed at the meeting.
4. Corporate Banking (Japanese) Director 3. Whenever deemed necessary, the Committee may
5. Treasury Director invite other parties than the Committee Members
6. Operations & Technology Director to attend a meeting, including but not limited to
7. Finance & Planning Director Subsidiaries.
8. Head of Business Banking 4. Voting rights shall only be owned by Permanent
9. Head of Information Technology Voting Members.
10. Head of Retail Lending Business 5. Permanent Non-Voting Members shall not be taken
11. Head of Wealth Management Business and in account in the quorum of attendance.
Network & Distribution 6. A meeting may only be held if attended and/
12. Head of Digital Banking or represented by more than 50% of the total
13. Head of Human Resources Committee members having voting rights.
14. Head of Wholesale, Commercial & Transaction
Banking
15. Head of Treasury
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 357
Page 360
Good Corporate Governance
Committees Under The Board of Directors
7. Meeting decisions shall be made based on Duties and Authorities
deliberation to reach a consensus. In the event The Risk Management Committee has the duties and
that decisions based on deliberation to reach a authorities, among others, as follows:
consensus cannot be reached, decisions must be 1. Formulation of policies, strategies, and guidelines
made based on the approval of more than 50% for the implementation of Risk Management.
of the total validly cast in the relevant meeting, 2. Improvement or enhancement of Risk Management
including the Chairman of the Committee. implementation based on the results of evaluations
If the voting results are a draw between the of Risk Management practices; and
affirmative and negative votes, the Chairman of the 3. Determination of matters related to business
Committee can determine the final decision to be decisions that deviate from normal procedures.
taken by the Committee.
8. In the event of a conflict of interest, decision- Statement of Committee Independence
making shall be performed in accordance with the All committee members are capable of carrying out
provisions on conflict of interest as regulated under their duties and functions independently for the Bank’s
Code of Conduct and relevant Compliance Policy. interests, without being influenced by any party.
9. Dissenting opinions existing in a Committee
meeting must be clearly set forth in Minutes of Implementation of Duties in 2025
Meeting along with the reasons thereof. Head During 2025, the Risk Management Committee
of Risk Management has discretion to escalate convened 11 meetings with agendas covering
any matter related to any dissenting view to Risk discussions on the results of the implementation of the
Monitoring Committee for recommendation. risk management process, including the following:
10. The report/materials of the Risk Management 1. Monitoring the results of credit risk oversight
Committee shall be prepared by the Risk and management, including Outstanding Loan
Management Work Unit. The related unit shall Balance, Loan Quality, Top 10 Loan Outstanding
be obligated to convey the materials/data on a and Impairment, Cost of Credit (CoC) including
monthly basis to the person in charge (PIC) of write-offs and recoveries, as well as monitoring
the Risk Management Work Unit no later than 8 the implementation of Credit Risk Appetite and
business days following the end of month. Risk Tolerance and providing the latest information
11. The Risk Management Work Unit may request for regarding debtors under monitoring status within
additional information/data from other units in the certain segments.
Bank to be included in the report/materials of the 2. Presentation of information on stress testing and
Risk Management Committee. FX stress testing in order to comply with regulatory
12. Committee meeting results must be set out in requirements.
Minutes of Meeting and documented properly. 3. Presentation of information on the results of
13. Meeting decisions in the form of Minutes of Meeting the annual review of PSAK 109 models and
shall be reviewed by Operational Risk Management back-testing of the adequacy of Allowance for
Head, Market & Liquidity Risk Management Head, Impairment Losses (CKPN).
Integrated Risk Management Head, Cyber Security 4. Presentation of information on the Indonesia
Risk Management Head, Credit Risk Head and Economic Outlook and monitoring of credit
signed by the Chairman of the Meeting and the concentration by economic sector.
Secretary of the Meeting. 5. Presentation of information on the results of
14. The Committee may make valid decisions without quarterly credit risk oversight and management of
convening a meeting through the Committee subsidiaries.
circular media approved by the entire Permanent 6. Results of monitoring Risk Appetite Measures for
Voting Members. This process may be implemented market and liquidity risks, as well as monitoring of
insofar as the proposal filed has been conveyed in liquid asset ratios.
the relevant circular letter to all Permanent Voting 7. Presentation of information on the results of
Members. monthly monitoring of Recovery Action Plan
15. Material that has been presented to the Non- indicators.
Financial Risk Management Committee in the same 8. Presentation of information on the management of
data and submission period will not be necessary to other risks, namely Compliance Risk, Strategic Risk,
be presented in the Risk Management Committee. Reputational Risk, and Legal Risk.
358 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 361
9. Presentation of information in the context of complaints, Top & Emerging Risks related to NFR,
quarterly risk monitoring with subsidiaries through results of Key-Control Self-Assessment (KCSA),
consolidated reporting between the Bank and its business continuity management (BCM) programs
subsidiaries, including consolidated reporting of Risk and initiatives, Internal Control & Risk Maturity
Profile, RBBR, and ICAAP in accordance with BI/OJK Self-Assessment (MSA) results, and mandatory
regulations. e-learning implementation results.
10. Presentation of quarterly reports on the review of 16. Presentation of the results of the review of
SLIK information and other confidential information the Operational Risk Management Policy and
leakage. Procedures.
11. Presentation of information on the monitoring 17. Approval of the establishment of a new Non-
results of Cyber Security Key Risk Indicators. Financial Risk Management Procedure.
12. Granting several approvals, including updates 18. Presentation of the implementation results of the
to Security Risk Indicators, updates to the four pillars of the Anti-Fraud Strategy, including
Cybersecurity Framework, and updates to the training, socialization and anti-fraud awareness
Cybersecurity Roadmap. campaigns, reporting mechanisms for fraud
13. Presentation of information on internal and external indications or incidents, investigations of fraud/staff
cyber incidents, including lessons learned and misconduct cases, imposition of sanctions on fraud
preventive actions taken. perpetrators or parties involved, and review of the
14. Presentation of information on monitoring implementation results of the Anti-Fraud Strategy.
conducted by the Security Operation Center 19. Presentation of the results of the review of the
(SOC), Threat Map Dashboard, vulnerability Anti-Fraud Strategy Policy and Procedures, the
scanning results, cyber security drill results, and the Fraud Committee charter, and the significant fraud
Cybersecurity Maturity Level. threshold.
15. Presentation of implementation results of 20. Presentation of the implementation results of
operational risk tools, including Non-Financial Risk Anti-Fraud Strategy initiatives related to continuous
(NFR) appetite, key highlights of operational risk Know Your Employee practices.
events, operational risk loss amounts including
fraud, recovery from operational risk events, Key Meeting Frequency and Attendance
Risk Indicators (KRI) for operational risk, customer Throughout 2025, the Risk Management Committee
held 11 (eleven) meetings, with the details of attendance
of its members as follows:
Number of
Name Position Attendance Percentage
Meeting
Chairman
Sendiaty Sondy Head of Risk Management 11 11 100%
Permanent Voting Members
Henoch Munandar President Director 11 10 91%
Kaoru Furuya 1)
3 3 100%
Deputy President Director 1
Jun Saito2) 8 8 100%
Darmadi Sutanto 3)
3 3 100%
Deputy President Director 2
Michellina Laksmi Triwardhany4) 8 6 75%
Dini Herdini Compliance & Legal Director 11 10 91%
Atsushi Hino Corporate Banking (Japanese) Director 11 9 82%
Keishi Kobata5) 3 3 100%
Treasury Director
Yuki Terayama6) 8 8 100%
Merisa Darwis Operations & Technology Director 11 9 82%
Hanna Tantani Finance & Planning Director 11 11 100%
Jeffrey Cheanandro Tjoeng Head of Business Banking 11 9 82%
Jeny Mustopha 7)
Head of Information Technology 7 7 100%
Purnomo B. Soetadi Head of Retail Lending Business 11 9 82%
Helena Head of Wealth Management Business and 11 9 82%
Network & Distribution
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 359
Page 362
Good Corporate Governance
Committees Under The Board of Directors
Number of
Name Position Attendance Percentage
Meeting
Irwan Sutjipto Tisnabudi Head of Digital Banking 11 9 82%
Mira Fitria Head of Human Resources 11 9 82%
Ir Nathan Christianto Head of Wholesale, Commercial & Transaction 11 10 91%
Banking
Wiwig Wahyu Santoso Head of Treasury 11 11 100%
Permanent Non-Voting Members
Anke Subandy Head of Internal Audit 11 8 73%
Wahyu Nugroho Risk Management Executive Officer (Secretary) 11 11 100%
Effective ate
1) Effective until 22 April 2025
2) Effective since 23 May 2025
3) Effective until 22 April 2025
4) Effective since 26 June 2025
5) Effective until 22 April 2025
6) Effective since 27 May 2025
7) Effective until 4 August 2025
Competency Development • Permanent Non-Voting Members:
Competency development of the Board of Directors- 1. Head of Internal Audit
level committee members is presented in the 2. Operational Risk Management Head
competency development of the Board of Directors 3. Anti Financial Crime Head
section. 4. Cyber Security Risk Management Head
5. Anti Money Laundering & CFT Head
6. General Counsel/Legal & Litigation Head
NON-FINANCIAL RISK MANAGEMENT 7. Communications & Daya Head
COMMITTEE 8. Compliance Head
9. Corporate Secretary Head
Structure and Membership 10. Human Resource Technology & Services Head
The membership of the committee is ex officio (by 11. Finance Risk, Control & Governance Head
position) which consists of: 12. Customer Contact Center Head
13. IT Strategic Planning & Data Management Head
Chairman: Head of Risk Management 14. Operations Development Head
15. Retail Banking Strategy & Planning Head
Members:
• Permanent Voting Members: Secretary:
1. President Director Operational Risk Management Head
2. Deputy President Directors
3. Compliance Director Meeting Procedures
4. Corporate Banking (Japanese) Director The guidelines for the conduct of meetings of the Non-
5. Treasury Director Financial Risk Management Committee are as follows:
6. Operations & Technology Director 1. Committee Meeting shall be held at least 6 (six)
7. Finance & Planning Director times in a year in accordance with the scope of
8. Head of Business Banking meeting agenda as determined in the non-financial
9. Head of Retail Lending Business risk management committee procedure. Whenever
10. Head of Wealth Management Business and required, Committee meeting may be held at
Network & Distribution any time upon the request of Permanent Voting
11. Head of Digital Banking Members.
12. Head of Human Resources 2. Committee meeting shall be chaired by the
13. Head of Wholesale, Commercial & Transaction Chairman. In case the Chairman is unable to attend,
Banking the meeting shall be chaired by Operational Risk
14. Head of Treasury Management Head.
360 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 363
3. Whenever deemed necessary, the Committee may 14. The Committee may make valid decisions without
invite other parties than the Committee Members convening a meeting through the Committee
to attend a meeting. circular media approved by the entire Permanent
4. Voting rights shall only be owned by Permanent Voting Members. This process may be implemented
Voting Members. insofar as the proposal filed has been conveyed in
5. The attendance of Permanent Non-Voting the relevant circular letter to all Permanent Voting
Members shall not be calculating in the quorum of Members.
attendance. 15. Based on schedule from Corporate Secretary, ORM
6. Meeting may only be held if attended and/ Division is responsible for distribute the meeting
or represented by more than 50% of the total invitation to relevant participants
Permanent Voting Members.
7. Meeting decisions shall be made based on Duties and Authorities
deliberation to reach a consensus. In the event The Non-Financial Risk Management Committee has
that decisions based on deliberation to reach a the following duties and authorities, among others:
consensus cannot be reached, decisions must be 1. Approve and periodically review the strategy,
made based on the approval of more than 50% of framework, work tools and policies related to
the total Committee members having voting rights non-financial risk management which covers
present in the meeting. Operational Risk Management including Conduct
8. In the event of a conflict of interest, decision- Risk Management, Cyber Risk Management and
making shall be performed in accordance with the Information Security, Compliance Risk Management
provisions on conflict of interest provided for in the including AMLCFT, Legal Risk Management,
Corporate Policy. Reputation Risk Management, Internal Control Over
9. Dissenting opinions existing in a committee Financial Information and/or Financial Report, Data
meeting must be clearly set forth in Minutes of Governance & Management.
Meeting along with the reasons thereof. Head 2. Ensure the implementation of monitoring by
of Risk Management has discretion to escalate determining the Non-Financial Risk (NFR) Appetite
any matter related to any dissenting view to and risk limits for key risk indicator related to non-
Risk Management Committee or Risk Monitoring financial risk management to ensure that it always
Committee for recommendation. remains within the predetermined risk limits.
10. The Non-Financial Risk Management Committee 3. Make decisions regarding the methods to be
presentation material is prepared by the ORM applied in identifying, measuring/assessing,
(Operational Risk Management) Division, including monitoring and controlling/mitigating non-financial
consolidating presentation materials from risk management.
permanent non-voting members. Materials from 4. Provide recommendations and monitor follow-up
permanent non-voting members will be presented actions for resolving non-financial risk events and/
by each Division Head or their representatives. or resolving non-financial risk issues that may
11. The results of the committee meeting must impact the Bank’s business or operational activities.
be stated in the Meeting Minutes and properly 5. Conduct evaluations and provide direction for
documented. improvements to the implementation of non-
12. Minutes of Meeting are prepared by Operational financial risk management.
Risk Management Head and approved by Head 6. Developing organizational culture aware of the non-
of Risk Management. In case the chairman is financial risk and foster commitment in managing
unable to attend, Operational Risk Management non-financial risk
Head will chair the meeting, Minutes of Meeting
will be prepared by Operational Risk Governance, Statement of Committee Independence
Subsidiary & Development Head and approved by All committee members are capable of carrying out
Operational Risk Management Head. their duties and functions independently for the Bank’s
13. Copy of the approved meeting minutes will be interests, without being influenced by any party.
distributed to all Permanent Members of the
Committee, meeting participants, and related work
functions for follow-up.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 361
Page 364
Good Corporate Governance
Committees Under The Board of Directors
Implementation of Duties in 2025
Area Implementation of Duties in 2025
Operational Risk 1. Implementation of ORM tools, including Non-Financial Risk (NFR) appetite, key highlights of operational risk
Management events, operational risk loss amounts including fraud, recovery of operational risk events, Key Risk Indicators
(KRI) for operational risk, customer complaints, Top & Emerging Risks related to NFR, Key-Control Self-
Assessment (KCSA) results, business continuity management (BCM) programs and initiatives, Internal Control
& Risk Maturity Self-Assessment (MSA) results, and mandatory e-learning implementation results.
2. Implementation of new initiatives, including the establishment of:
• Data Governance & Data Management Policy
• Funding Products & Services Procedures
3. Update of Capital Protected Funds with TCI as the underlying.
4. Performance evaluation review of the Non-Financial Risk Management Committee.
Fraud Risk Management 1. Implementation of the four pillars of the Anti-Fraud Strategy, including training, socialization and Anti-Fraud
awareness campaigns, reporting mechanisms for fraud indications or incidents, investigations of fraud/staff
misconduct cases, imposition of sanctions on fraud perpetrators or involved parties, mandatory e-learning
implementation, and review of the Anti-Fraud Strategy implementation results.
2. Review of the Anti-Fraud Strategy Policy and Procedures and evaluation of the Fraud Committee’s
performance.
3. Implementation of Anti-Fraud Strategy initiatives, including:
• Continuous Know Your Employee process and sanction proposals;
• Establishment of Anti-Financial Crime;
• Review of significant fraud thresholds and alignment of subsidiary governance and framework.
Conduct Risk 1. RCCI (Risk, Compliance and Conduct Incidents) reporting.
Management 2. Implementation of conduct events.
Cyber and Information 1. Cyber Security Key Risk Indicators.
Security Risk 2. SMBCI Threat Map Dashboard & Cyber Incident Reports.
Management 3. Cyber & Information Security Awareness Training and e-learning updates.
Compliance Risk 1. Compliance Risk Appetite.
Management 2. Reports on regulatory sanctions.
AML & CFT Monitoring and reporting of AML & CFT issues.
Legal Risk Management Litigation case reports.
Reputational Risk Customer complaint reports.
Management
Internal Control over 1. Reports on the implementation of Internal Control over Financial Reporting (ICoFR).
Financial Information 2. Reports on General Ledger (GL) governance handling.
and/or Financial
Reporting
Data Governance and 1. Data Governance.
Data Management 2. Data Management.
3. Data Quality.
4. Data Analytics.
5. Data Security.
Meeting Frequency and Attendance
Throughout 2025, the non-financial risk management committee held 6 (six) meetings, the details of attendance of its
members are as follows:
Number of
Name Position Attendance Percentage
Meeting
Chairman
Sendiaty Sondy Head of Risk Management 6 6 100%
Permanent Voting Members
Henoch Munandar President Director 6 6 100%
Jun Saito Deputy President Director 1 6 6 100%
Michellina Laksmi Triwardhany Deputy President Director 2 6 4 66.7%
Dini Herdini Compliance & Legal Director 6 5 83.3%
Atsushi Hino Corporate Banking (Japanese) Director 6 6 100%
362 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 365
Number of
Name Position Attendance Percentage
Meeting
Yuki Terayama Treasury Director 6 6 100%
Merisa Darwis Operations & Technology Director 6 6 100%
Hanna Tantani Financial & Planning Director 6 6 100%
Jeffrey Cheanandro Tjoeng Head of Business Banking 6 5 83.3%
Purnomo B. Soetadi Head of Retail Lending Business 6 4 66.7%
Helena Head of Wealth Management Business and 6 5 83.3%
Network & Distribution
Irwan Sutjipto Tisnabudi Head of Digital Banking 6 4 66.7%
Mira Fitria Head of Human Resources 6 4 66.7%
Ir Nathan Christianto Head of Wholesale, Commercial & Transaction 6 6 100%
Banking
Wiwig Wahyu Santoso Head of Treasury 6 6 100%
Permanent Non-Voting Members
Anke Subandy Head of Internal Audit 6 6 100%
Heru Rustanto (Act.) Operational Risk Management Head 6 6 100%
Heru Rustanto Anti Financial Crime Head 6 6 100%
Buyung Bachtiar Cyber Security Risk Management Head 6 6 100%
Hari Yuliastuti Anti Money Laundering & CFT Head 6 6 100%
Argo Wibowo General Counsel/Legal & Litigation Head 6 6 100%
Andrie Darusman Communications & Daya Head 6 6 100%
Butet Sondang Sitepu Compliance Head 6 6 100%
Eneng Andriani Corporate Secretary Head 6 6 100%
Paskalius Human Resource Technology & Services Head 6 6 100%
Lia Asoka Finance Risk, Control & Governance Head 6 6 100%
Bambang Joko Susilo Customer Contact Center Head 6 6 100%
Jufri Fan IT Strategic Planning & Data Management 3 3 100%
Head
Radhar Hasti Handayani Operations Development Head 3 3 100%
Erliana Tandoko Retail Banking Strategy & Planning Head 3 3 100%
Competency Development • Permanent Non-Voting Members:
Competency development of the Board of Directors- 1. Corporate Banking (Japanese) Director
level committee members is presented in the Board of 2. Treasury Director/Head of Global Markets
Directors competency development section. Business Unit
3. Finance & Planning Director/Chief Financial
Officer
INFORMATION TECHNOLOGY STEERING 4. Head of Business Banking
COMMITTEE 5. Head of Retail Lending Business
6. Head of Wealth Management Business and
Structure and Membership Network & Distribution
7. Head of Digital Banking/Chief of Digital
Chairman: Operations and Technology Director Innovation Officer
8. Head of Wholesale, Commercial and
Members: Transaction Banking
• Permanent Voting Members: 9. Head of Human Resources
1. President Director/Chief Executive Officer 10. Head of Internal Audit/Chief Audit Executive
2. Deputy President Director/Chief Strategy 11. Head of IT Governance Management
Officer & Head of Corporate Business Unit 12. Information Technology Executive Officer
3. Deputy President Director/Head of Retail (Secretary)
Business Unit
4. Compliance Director/Chief Compliance officer
5. Head of Risk Management/Chief Risk Officer
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 363
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Good Corporate Governance
Committees Under The Board of Directors
Working Guidelines 8. Dissenting opinions existing in a meeting must be
The working guidelines established by the Bank are as clearly set forth in Minutes of Meeting along with
follows: the reasons thereof.
1. A meeting of the IT Steering Committee meeting 9. Committee meeting results must be set out in
shall be held at least once in every 3 (three) months Minutes of Meeting and documented properly.
in accordance with the determined meeting 10. More than 50% of the Committee meetings shall
agenda. Whenever required, a meeting of the IT be physically attended by more than 70% of the
Steering Committee may be held at any time upon Committee members or may be hold virtually by
the request of a Permanent Voting Member. using teleconference technology which enable all
2. A meeting shall be chaired by the Chairman of attendance of the meeting hearing each other and
the Committee. In case the Chairman is unable participating one or another. The presence of the
to attend, the meeting shall be chaired by a participants by virtual method will be considered
Committee member serving as a Director and and counted as direct attendance in the Meeting.
appointed in the meeting. 11. Whenever deemed necessary, the IT Steering
3. Committee may invite Non-Permanent Member, Committee may invite other parties than members
consultant, expert, or relevant parties to attend the including Subsidiaries to attend a meeting.
meeting if necessary. 12. Meeting decisions in the form of Minutes of Meeting
4. Voting rights shall only be owned by Permanent shall be signed by the Chairman of the Meeting
Voting Members or the proxies thereof present in and the Secretary of the Meeting. Minutes of the
the meeting. Meeting shall subsequently be circulated to the
The appointment of representatives or substitutes Committee members.
for Permanent Voting Members to present at 13. The Committee may adopt valid decisions without
the meeting is carried out through a delegation convening a meeting through the circular media
of authority document in the form of a power of approved by the entire Permanent Voting Members.
attorney or letter of assignment or email or other This process may be implemented insofar as the
written media that can be proven. proposal filed has been conveyed in the relevant
5. A meeting may only be held if attended and/ circular letter to all Permanent Voting Members..
or represented by more than 50% of the total
Committee members having voting rights, provided Duties and Responsibilities
that one of them is the Chairman of the Committee. Provide recommendations to the Board of Directors
6. Meeting decisions shall be made based on comprising at least related to:
deliberation to reach a consensus. In the event 1. The Information Technology (IT) Strategic Plan
that decisions based on deliberation to reach a aligned with the Company’s corporate plan and the
consensus cannot be reached, decisions must be strategic plan for the Company’s Group business
made based on the approval of more than 50% of activities.
the total votes validly cast in the relevant meeting, 2. The formulation of IT policies and procedures
including the Chairman of the Committee. governing IT security and risk management related
If the voting results are a draw between the to the use of IT (including AI) within the Company
affirmative and negative votes, the Chairman of the and the Group Company, as well as other policies
Committee can determine the final decision to be and procedures deemed significant.
taken by the Committee. 3. Approving the alignment of the IT development plan
7. In the event of a conflict of interest, decision- (including AI) with the IT strategic plan.
making shall be performed in accordance with the 4. Approving and ensuring the alignment of IT
provisions on conflict of interest provided for in the projects (including AI) with the IT Strategic Plan,
Corporate Policy. including unplanned project under the Company’s
Annual plan. This includes obtaining reports and/or
recommendations from the IT project committee,
particularly for key projects.
5. Alignment between the implementation of IT
(including AI) projects and the agreed project
charter.
364 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 367
6. Alignment of IT (including AI) with the needs of the 11. The adequacy and allocation of IT-related resources
management information system that supports (including AI) owned by the Company and Group
the management of the Company’s and the Group Company.
Company’ business activity.
7. Evaluating the effectiveness of risk-minimizing Statement of Committee Independence
measures for the Company’s IT investments All committee members are capable of carrying out
(including AI) and ensuring that these investments their duties and functions independently for the Bank’s
contribute to achieving the Company’s and the interests, without being influenced by any party.
Group Company’s business objectives.
8. Evaluating the effectiveness of IT costs (including Implementation of Duties in 2025
AI) in achieving planned benefits. 1. ITSC Q1 2025 - Tuesday, 11 March 2025
9. Monitoring on the IT performance (including AI), and 2. ITSC Q2 2025 – Tuesday, 17 June 2025
the efforts to improve IT and GenAI performance. 3. ITSC Q3 2025 – Tuesday, 16 September 2025
10. The efforts to resolve various IT-related issues 4. ITSC Q4 2025 – Tuesday, 9 December 2025
(including AI), which cannot be resolved by the
user work unit and IT implementation work units Meeting Frequency and Attendance
effectively, efficiently and in a timely manner. In 2025, the Information Governance Steering
Committee held 4 (four) meetings, with details of
attendance as follows::
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar President Director 4 4 100%
Jun Saito**** Deputy President Director 3 3 100%
Michellina Laksmi Triwardhany***** Deputy President Director 2 2 100%
Kaoru Furuya* Deputy President Director 1 1 100%
Darmadi Sutanto** Deputy President Director 1 1 100%
Keishi Kobata*** Director 1 1 100%
Atsushi Hino Director 4 4 100%
Merisa Darwis Director 4 4 100%
Hanna Tantani Director 4 4 100%
Yuki Terayama****** Director 2 2 100%
Irwan S. Tisnabudi Head of Digital Banking 4 4 100%
Helena Head of Wealth Management Business and 4 3 75%
Network & Distribution
Ir. Nathan Christianto Head of Wholesale, Commercial & Transaction 4 2 50%
Banking
Jeffrey C. Tjoeng Head of Business Banking 4 4 100%
Anke Subandy Head of Internal Audit 4 4 100%
Jeny Mustopha******* Head of Information Technology 2 2 100%
* Kaoru Furuya served as Deputy President Director until the closing of the 2025 Annual General Meeting of Shareholders (AGMS).
** Darmadi Sutanto served as Deputy President Director until the closing of the 2025 Annual General Meeting of Shareholders (AGMS).
*** Keishi Kobata served as Director until the closing of the 2025 Annual General Meeting of Shareholders (AGMS).
**** Jun Saito has served as Deputy President Director since 23 May 2025.
***** Michellina Laksmi Triwardhany has served as Deputy President Director since 26 June 2025.
****** Yuki Terayama has served as Director since 27 May 2025.
******* Jeny Mustopha served as Head of Information Technology until 4 August 2025.
Competency Development
Competency development of the Board of Directors-level committee members is presented in the Board of Directors
competency development section.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 365
Page 368
Good Corporate Governance
Committees Under The Board of Directors
CREDIT POLICY COMMITTEE • In the event a committee member cannot
attend the meeting, then the attendance of the
Structure and Membership concerned member may be replaced with the
Composition of members of the Credit Policy representative.
Committee as of 31 December 2025, as follows:
3. Decision-Making
Chairman: President Director Decision-making in the Credit Policy Committee is
carried out based on deliberation and consensus.
Members: In the event deliberation and consensus are not
• Permanent Voting Members: reached, decision-making is based on unanimous
1. Deputy President Directors votes, namely affirmative votes of more than 50%
2. Corporate Banking (Japanese) Director of the total Permanent Voting Members present at
3. Treasury Director the Meeting, including the affirmative vote of the
4. Head of Wholesale, Commercial, and Committee Chairman.
Transaction Banking
5. Head of Retail Lending Business In the event that the voting results are tied between
6. Head of Digital Banking affirmative and dissenting votes, the Chairman of
7. Head of Business Banking the Committee shall determine the final decision to
8. Head of Treasury be adopted by the Committee.
9. Head of Risk Management
10. Compliance Director 4. Decision-Making Without Holding Formal
Meeting
• Permanent Non-Voting Members: The Credit Policy Committee make valid decisions
1. Portfolio Management & Policy Head without having to hold formal committee meetings
2. Credit Risk Head (Committee Circular Decisions), with the condition
3. Retail Banking Risk Head that all Permanent Voting Members approve the
4. Business Banking Credit Risk decisions in writing.
5. Head of Internal Audit Division*)
6. Compliance Head Duties and Responsibilities
7. Legal & Litigation Head (General Counsel) The Credit Policy Committee carries out the following
*)
observer duties and responsibilities:
1. Provides input to the Board of Directors in the
Work Guidelines formulation of the Bank’s Credit Policy (including
The Credit Policy Committee retains the work guidelines matters related to the formulation of prudential
(charter) validated by the Board of Directors, among principles in lending or financing), conducts
others, containing the following: periodic reviews of the Credit Policy, and provides
1. Meeting recommendations to the Board of Directors where
• Meetings of the Credit Policy Committee are amendments or enhancements to the Credit Policy
held at least 2 (two) times in one year. are deemed necessary.
• The meetings are chaired by the Chairman of 2. Oversees the implementation and execution of
the Committee. In the event the Chairman is the Bank’s Credit Policy to ensure that it is carried
not able to attend, then the meeting is led by a out consistently and effectively, and formulates
Permanent Voting Member and appointed by solutions in the event of obstacles or constraints in
the meeting. its implementation.
3. Monitors and evaluates:
2. Quorum a. The development and analysis of the overall
• Meetings of the Credit Policy Committee can quality of the loan or financing portfolio
only be held if attended by more than 50% of in relation to the Credit Policy, conducted
the permanent voting members, including the through periodic Risk Management Committee
committee chairman. meetings, of which members of the Credit
Policy Committee are also members.
b. The proper exercise of authority in approving
loans or financing.
366 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 369
c. The appropriateness of the loan or financing 5. Reviews the Credit Policy to ensure alignment with
approval process, development, and quality internal policies and prevailing laws and regulations.
of loans or financing granted to related parties
and certain large debtors. Statement of Committee Independence
d. Compliance with the Legal Lending Limit (LLL) All committee members are capable of carrying out
requirements. their duties and functions independently for the Bank’s
e. Adherence to prevailing laws and regulations interests, without being influenced by any party.
and other applicable provisions in the
implementation of loan or financing approvals. Implementation of Duties in 2025
f. The resolution of non-performing loans or The Credit Policy Committee held a meeting in the first
financing in accordance with the Bank’s Credit semester on 17 June 2025, and in the second semester
Policy; and on 9 December 2025. Details of the implementation of
g. The Bank’s efforts to maintain adequate loan or duties carried out, among others, are:
financing loss provisions. 1. Provides information and input to the Board of
4. Submits periodic written reports to the Board Directors in the formulation of the Bank’s Credit
of Directors, with copies to the Board of Policy and conducts periodic reviews of the Credit
Commissioners, regarding: Policy through the presentation of materials related
a. The results of oversight on the implementation to the Credit Document Hierarchy and updates to
and execution of the Bank’s Credit Policy. the Credit Policy.
b. The results of monitoring and evaluation as 2. Oversees the implementation and execution of
referred to above, including but not limited to: the Bank’s Credit Policy through the presentation
1) A summary of oversight results on the of materials related to the implementation of the
implementation and execution of the Credit Approval Authority Limits (BWMK) and the
Credit Policy, including the exercise of management of the Legal Lending Limit (LLL/
lending authority, the granting of facilities BMPK), including reporting on Related Parties.
to related parties, compliance with LLL 3. Evaluates and analyzes the quality of the loan
requirements, and regulatory compliance. portfolio through the presentation of Credit Portfolio
2) The results of monitoring/review and materials.
evaluation of the quality and condition of
the loan portfolio as reported in the Risk Meeting Frequency and Attendance
Management Committee meetings; and The Credit Policy Committee Meeting was held 2
3) Recommendations for policy (two) times in 2025, namely on 17 June 2025, and
improvements, where necessary. 9 December 2025, with the following frequency of
attendance:
Number of
Name Position Attendance Percentage
Meeting
Chairman
Henoch Munandar President Director 2 2 100%
Permanent Voting Members
Jun Saito Deputy President Director 2 2 100%
Michellina Laksmi Triwardhany Deputy President Director 2 2 100%
Atsushi Hino Corporate Banking (Japanese) Director 2 2 100%
Yuki Terayama Treasury Director 2 2 100%
Ir Nathan Christianto Head of Wholesale, Commercial & Transaction 2 1 50%
Banking
Purnomo B. Soetadi Head of Retail Lending Business 2 1 50%
Irwan Sutjipto Trisnabudi Head of Digital Banking 2 2 100%
Jeffrey C. Tjoeng Head of Business Banking 2 2 100%
Wiwig Santoso Head of Treasury 2 2 100%
Sendiaty Sondy Head of Risk Management 2 1 50%
Dini Herdini Compliance Director 2 2 100%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 367
Page 370
Good Corporate Governance
Committees Under The Board of Directors
Number of
Name Position Attendance Percentage
Meeting
Permanent Non-Voting Members
Wahyu Nugroho Portfolio Management & Policy Head 2 2 100%
Tasuku Tanaka Credit Risk Head 2 0*) 0%*)
Adil Pamungkas/Adhitya Bayu W. Retail Banking Risk Head 2 0*) 0%*)
Ririn Rianti Business Banking Credit Risk Head 2 0*) 0%*)
Anke Subandy Head of Internal Audit (Observer) 2 2 100%
Butet Sondang Sitepu Compliance Head 2 0*) 0%*)
Argo Wibowo General Counsel 2 0*) 0%*)
*) Note:
Members of the Credit Policy Committee approved the Minutes of the Credit Policy Committee meeting through a circular resolution.
Competency Development
Competency development of the Board of Directors- Duties & Authorities
level committee members is presented in the Board of Provide recommendations to the Board of Directors
Directors competency development section. comprising at least as follows:
1. Formulation of main data and information
governance policies and procedures such as data
INFORMATION GOVERNANCE STEERING quality and risk management policies related to
COMMITTEE Bank data and information, include the standards
intended to be achieved (target-state).
Structure and Membership 2. Planning and stipulation of the scale of priorities
Chairman: Head of Risk Management of projects required to apply the stipulated
policies and procedures as well as to achieve the
Members: determined standards.
• Permanent Votting Members: 3. Conformity of the projects approved to the
1. Compliance Director information governance plan, the data and
2. Operations & Technology Director information governance policies and procedures, as
3. Finance & Planning Director well as the target-state objective.
4. Head of Information Technology 4. Conformity of the implementation of the data and
information governance projects as well as the data
• Permanent non-votting members: analytics to the agreed project charter.
1. Head of Internal Audit 5. Conformity of the information governance to
2. IT Strategic Planning & Data Management the Bank Strategic Plan for supporting the Bank
(Secretary) business activity management.
6. Monitoring on the Bank data and information
(Standing Invitee) governance condition as well as the improvement
1. Corporate Banking (Japanese) Director efforts thereof, for example by detecting data
2. Treasury Director quality issue and personal data protection and
3. Head of Treasury measuring the effectiveness and efficiency of the
4. Head of Business Banking use of data and information assets.
5. Head of Wholesale, Commercial and Transaction 7. The efforts of settlement of various data and
Banking information-related issues, which cannot be
6. Head of Retail Lending Business settled and escalated by the data and information
7. Head of Wealth Management Business and governance forum.
Network & Distribution 8. The establishment of data and information driven
8. Head of Digital Banking organization culture
9. Retail Banking Analytics, Planning & Process
Excellence Head
368 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 371
Statement of Committee Independence provisions on conflict of interest provided for in the
All committee members are capable of carrying out Corporate Policy.
their duties and functions independently for the Bank’s 7. Dissenting opinions existing in a Committee
interests, without being influenced by any party. meeting must be clearly set forth in Minutes of
Meeting along with the reasons thereof.
Working Guidelines 8. Committee meeting results must be set out in
The working guidelines established by the Bank are as Minutes of Meeting and documented properly.
follows: 9. Whenever deemed necessary, the Committee
1. A meeting of the Information Governance Steering may invite other parties than members including
Committee shall be held at least 4 (four) times Subsidiaries to attend a meeting.
in a year with the determined meeting agenda. 10. Meeting decisions in the form of Minutes of Meeting
Whenever required, a Committee meeting may be shall be signed by the Chairman of the Meeting
held at any time upon the request of a Permanent and the Secretary of the Meeting. The Minutes of
Voting Member; the Meeting shall subsequently be circulated to the
2. A meeting shall be chaired by the Chairman of Committee members.
the Committee. In case the Chairman is unable 11. The Committee may make valid decisions without
to attend, the meeting shall be chaired by a convening a meeting through the Committee
Committee member serving as a Director and circular media approved by the entire Permanent
appointed in the meeting; Voting Members. This process may be implemented
3. Voting rights shall only be owned by Permanent insofar as the proposal filed has been conveyed in
Voting Members or the proxies thereof present in the relevant circular letter to all Permanent Voting
the meeting. Members.
4. A meeting may only be held if attended and/or
represented by more than ½ (one-half) of the total At the meeting held on 15 April 2025, it was resolved
Committee members having voting rights provided that the functions of the Information Governance
that one of them is the Chairman of the Committee Steering Committee would thereafter be merged
and/or the Director of Compliance. with those of the Non-Financial Risk Management
5. Committee meeting decisions must be made Committee. This resolution was formalized through
based on deliberation to reach a consensus. In the the Circular Resolution of the Board of Directors in Lieu
event that decisions based on deliberation to reach of a Resolution Adopted at a Meeting of the Board
a consensus cannot be reached, decisions must be of Directors of PT Bank SMBC Indonesia Tbk, No. PS/
made by voting based on the approval of more than BOD/025/IX/2025.
½ (one-half) of the total votes validly cast in the
meeting, including the Chairman of the Committee Implementation of Duties in 2025
and/or the Director of Compliance. In 2025, the Information Governance Steering
6. In the event of a conflict of interest, decision- Committee held one meeting, with the following details:
making shall be performed in accordance with the
Number of
Name Position Attendance Percentage
Meeting
Sendiaty Sondy Head of Risk Management 1 1 100%
Jeny Mustopha Head of Information Technology 1 1 100%
Dini Herdini Director of Compliance 1 0 0%
Hanna Tantani Director of Finance & Planning 1 1 100%
Merisa Darwis Director of Operational & Technology 1 1 100%
Anke Subandy Head of Internal Audit 1 1 100%
Jufri Fan Secretary 1 1 100%
Erliana Tandoko Standing Invitee 1 0 0%
Helena Head of Wealth Management Business and 1 1 100%
Network & Distribution
Keishi Kobata Director of Tresury 1 1 100%
Atsushi Hino Director of Corporate Banking (Japanese) 1 1 100%
Irwan Sutjipto Tisnabudi Head of Digital Banking 1 1 100%
Jeffrey Tjoeng Head of Business Banking 1 1 100%
Nathan Christianto Head of Wholesale, Commercial and 1 0 0%
Transaction Banking
Purnomo B. Soetadi Head of Retail Lending Business 1 0 0%
Wiwig Santoso Head of Treasury 1 1 100%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 369
Page 372
Good Corporate Governance
Committees Under The Board of Directors
Competency Development • Committee members who are not designated
Competency development of the Board of Directors- as mandatory meeting participants may attend
level committee members is presented in the Board of the meeting; however, their attendance shall
Directors competency development section. not be counted toward the quorum and their
votes shall not be counted in the decision-
making process.
CREDIT COMMITTEE
3. Decision-Making
Structure and Membership • Decisions at Credit Committee meetings
The composition of the Credit Committee as of 31 shall be adopted by majority vote, namely
December 2025, is as follows: affirmative votes of at least 51% (fifty-one
percent) of the total members present at the
Chairman: President Director meeting, including the vote of the President
Director or Deputy President Director.
Members: • The vote of the Head of Risk Management,
1. Deputy President Director acting as an observer, shall not be counted in
2. Business Director/Head of Business the Committee’s decision-making process;
3. Credit Risk Head however, all Committee’s Meeting Resolution
4. Corporate/Commercial Banking Credit Risk Head decisions must be acknowledged by the Head
5. Division or Department Head of Business of Risk Management.
6. Head of Risk Management (Observer) • In the event that the voting results in an equal
number of affirmative and dissenting votes, the
Work Guidelines and Procedures (Charter) Chairman of the Committee shall determine
The Credit Committee has the work guidelines (charter) the final decision to be adopted by the
validated by the Board of Directors, among others, Committee.
containing the following: • The Credit Committee may adopt valid
resolutions without convening a formal
1. Meetings Committee meeting in the form of a
• The Credit Committee convenes meetings at “Committee Circular Resolution,” provided that
any time as required by the Committee. all relevant Committee members cast their
• Credit Committee meetings are held to votes in writing and sign the Committee’s
produce a recommendation or opinion to the Circular Resolution.
President Director or Deputy President Director, • The Credit Committee may also adopt
who will render the final decision to approve the decisions through approval via the Global
credit, including the conditions and instructions Business Re-engineering (GBR) system. Such
related to the Credit Approval. decisions shall be deemed equivalent to a
• In the Credit Committee’s recommendation Committee Circular Resolution or a decision
or opinion, the relevant Business adopted at a Committee meeting, provided
Director/Business Head shall co-sign the that all Committee members have granted
recommendation/opinion sheet together with their approval.
the other Committee members. • In such cases, the Head of Risk Management
shall sign the Committee Circular Resolution in
2. Quorum an acknowledgment capacity or acknowledge
• Credit Committee meetings may be convened the decision through the GBR system.
if attended by at least 51% of the mandatory
meeting participants, including at least 1(one) Duties and Responsibilities
representative from the Credit Risk Division, In supporting the Board of Directors in credit
specifically for the Wholesale Banking, management and planning, the Credit Committee has,
Corporate Banking Japanese, and Commercial at a minimum, the following duties:
Banking segments. The attendance of 1. Independently analyses and approves or rejects
observers shall not be counted toward the credit or financing proposals in accordance with
meeting quorum. the authority limits or types of credit or financing
370 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 373
as determined by the Board of Directors. Decisions 2. Rejects requests and/or influence from parties with
must be objective, based on prudent analysis, and an interest in the credit or financing applicant where
free from personal interest. such requests are intended to obtain approval on a
2. Coordinates with the Asset and Liability Committee merely formal or non-substantive basis.
(ALCO) on matters relating to the funding aspects of
credit or financing. Statement of Committee Independence
3. Ensures that business activities are conducted All committee members are capable of carrying out
in accordance with the Bank’s risk management their duties and functions independently for the Bank’s
policy standards and practices. interests, without being influenced by any party.
The responsibilities of the Credit Committee include, at Implementation of Duties in 2025
a minimum: Throughout 2025, credit decisions of the Wholesale
1. Performs its duties, particularly in granting credit Banking, Japanese Corporate Banking, and Commercial
or financing approvals, with integrity, objectivity, Banking Credit Committees were adopted 7 (Seven)
prudence, and due care, in accordance with its times by way of circular resolution and twenty-three
authority. 23 (twenty-three) times through formal meetings. The
details of attendance are as follows:
Agenda Mandatory Participants
Credit proposals related to the Wholesale Banking, Japanese 1. President Director or Deputy President Director 1
Corporate Banking, and Commercial Banking segments 2. Director of Japanese Corporate Banking or Head of Wholesale
Banking, Commercial Banking and Transaction Banking
3. Head of Credit Risk
4. Head of Corporate Banking Credit Risk or Head of Commercial
Banking Credit Risk
5. Relevant Division or Department Head of Wholesale, Corporate, and
Commercial Banking
6. Head of Risk Management (Observer)
Note:
The meeting is chaired by the Chairman of the Committee (President
Director). In the absence of the Chairman, the Deputy President Director
1 shall act as Chairman of the Committee.
Meeting Frequency and Attendance
In 2025, the Credit Committee for the Wholesale Banking, Japanese Corporate Banking, and Commercial Banking
segments convened 23 (twenty-three) meetings, with attendance details as follows:
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar President Director 23 7 30%
Jun Saito Deputy President Director 23 10 43%
Nathan Christianto Head of Wholesale, Commercial and 23 20 87%
Transaction Banking
Atsushi Hino Director of Corporate Banking (Japanese) 23 3 13%
Tasuku Tanaka Head of Credit Risk 23 23 100%
Jenny Susanto Head of Corporate Banking Credit Risk 23 17 74%
Eddy Satria Nugraha Sembiring Head of Commercial Banking Credit Risk 23 5 22%
Moses Supardi Head of Wholesale Banking 23 17 74%
Warni Chai Head of Commercial Banking 23 3 13%
Kohei Suwa Head of Japanese Corporate Banking 2 23 1 4%
Karinda Rachmana Head of Japanese Corporate Banking 3 23 0 0%
Naoki Takeshita Head of Japanese Corporate Banking 4 23 1 4%
Hideaki Asatsu Head of Japanese Corporate Banking 5 23 1 4%
Hilman Gumay Head of Japanese Corporate Banking 6 23 0 0%
Sendiaty Sondy 1) Head of Risk Management 23 5 22%
1) Observer (No voting rights)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 371
Page 374
Good Corporate Governance
Committees Under The Board of Directors
Competency Development 2. In the event of a conflict of interest, then decision-
Competency development of the Board of Directors making is carried out in accordance with the
level committee members is presented in the Board of provision regulated in the Company policies and
Directors competency development section. procedures.
3. Dissenting opinions that occur in the Committee
Meetings are required to be clearly denoted in the
HUMAN RESOURCE COMMITTEE Minutes of the Meeting and the reasons behind the
dissenting opinions.
Structure and Membership
Duties and Authorities
Chairman: President Director Details of duties and authorities of the Committee are as
follows:
Members: 1. Evaluates policies, strategies, and objectives in the
1. Deputy President Directors Human Resources field and subsequently provides
2. Director of Finance & Planning recommendations to the Board of Directors for
3. Director of Operations & Technology approval. The policies referred to herein primarily
concern those of a strategic nature.
Secretary: Head of Human Resources 2. Evaluates the implementation of Human Resources
remuneration programs and subsequently provides
Work Guidelines and Procedures (Charter) recommendations to the Board of Directors for
In implementing its duties, the Committee refers to the approval.
following provisions: 3. Approves deviations from applicable Company
1. Committee meeting decisions are taken based procedures or regulations in the Human Resources
on deliberation and consensus. If deliberation and field that exceed the authority of the Division Head
consensus are not reached, then decisions are and/or the supervising Director and/or those whose
taken by voting based on affirmative votes at least scope of duties covers Human Resources, with due
51% of the total valid votes present in the Meeting, regard to the Company’s policy hierarchy.
including the Committee Chairman.
Statement of Committee Independence
All committee members are capable of carrying out
their duties and functions independently for the Bank’s
interests, without being influenced by any party.
Implementation of Duties in 2025
Date Agenda
24 January 2025 1. 2025 Collective Leave Proposal
2. 2025 Executive Promotion Nomination
6 February 2025 1. 2025 Salary Adjustment Scheme
2. 2024 Performance Bonus Budget
11 February 2025 2024 Bonus Budget Distribution
10 March 2025 1. 2025 Executive Promotion Results
2. Results of 2024/2025 Compensation Review Distribution
3. Proposed 2025/2026 Wage Structure Scale
16 July 2025 2025 Mid-Year Executive Promotion Nomination
11 August 2025 1. 2025 Mid-Year Executive Promotion Results
2. 2025 Mid-Year Distribution Results
15 December 2025 2026 Executive Promotion Nomination
372 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 375
Meeting Frequency and Attendance
In 2025, the Human Resources Committee held 7 (Seven) meetings, with details of attendance as follows:
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar President Director 7 7 100%
Kaoru Furuya* Deputy President Director 4 4 100%
Darmadi Sutanto* Deputy President Director 4 4 100%
Jun Saito Deputy President Director 3 2 66.7%
Michellina Laksmi Triwardhany Deputy President Director 3 3 100%
Hanna Tantani Director of Finance and Planning 7 6 85.7%
Merisa Darwis Director of Operational & Technology 7 5 71.4%
Mira Fitria Head of Human Resources 7 7 100%
Note:
* Term of office ended at the close of the 2025 AGMS (22 April 2025).
Competency Development 2. Must be attended by the Chairman of the
Competency development of members of the Committee and all Members of the Fraud
committee is presented in the Board of Directors Committee. If the Chairman of the Committee and/
competency development section. or Members of the Fraud Committee are unable to
attend (whose absence does not require any proof),
then the Head of the Fraud Committee, who has
FRAUD COMMITTEE rights and is authorized to represent the Chairman
is the party appointed by the Committee Chairman
Structure and Membership as his delegate, and at minimum is the head of
the related division, and for Members of the Fraud
Chairman: Related Board of Directors or Board of Committee, the delegation is at least one level
Management or their delegations. below the staff.
3. In certain cases, Fraud Committee meetings can be
Members: held at any time if deemed necessary by the Head
a. Voting rights: of the Fraud Committee or more than one Fraud
1. Anti Financial Crime (AFC) Head Committee Member or at the request of a Director/
2. Human Resources Employee & Industrial Board of Management.
Relations Head/Strategic Human Resources 4. The Fraud Committee may invite the concerned
Management Head Head of the Work Unit (PUK) and/or other parties
b. No voting rights: who are not members of the committee to attend
Human Resources Business Partner (HRBP) Head or the meeting. However, the PUK and/or other parties
HRBP lead as a delegates in the committee meeting do not have voting
rights as they only function to provide suggestions,
Secretary: Anti-Financial Crime (AFC) Head considerations, and input.
5. The Fraud Committee meeting is legal and has the
If the Fraud Perpetrator and/or related parties are right to make decisions if the meeting is attended
Directors, or Commissioners and/or Executive Officers, and/or represented by more than ½ (one-half) of
then the implementation of the Fraud Committee must the total number of Committee Members (including
be led by 2 (two) members of the Board of Directors/ the Committee Chairman) who have voting rights.
Board of Management (Deputy President Director or Fraud Committee meetings can be conducted
Head of Risk Management or Compliance Director), or through teleconference, video conference, or other
other parties who do not have a conflict of interest, such electronic media facility that allows all participants
as members of the Audit Committee. to see and/hear each other and participate directly
in the meeting according to the agreement of the
Work Guidelines and Procedures (Charter) Fraud Committee members.
Guidelines for the Fraud Committee meeting 6. Decisions of committee meetings must be taken
implementation are as follows: based on deliberation to reach a consensus. If
1. The implementation procedures may be carried out there is no agreement on sanctions, they will be
face-to-face or through memo circulation.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 373
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Good Corporate Governance
Committees Under The Board of Directors
escalated to the Head of Risk Management and for employees (including vendor employees) who are
the Compliance Director. If after escalation there is directly or indirectly involved in fraud incidents, and
still no agreement regarding sanctions/no decision deciding on fraud incidents to determine appropriate
has been made, then it will be escalated to the Risk legal steps to take at a later time.
Management Committee (RMC). At the last level, if
there is still no agreement regarding sanctions/no Authorities of the Fraud Committee
decision has been made, then it will be escalated to 1. Appealing, inquiring for clarification, and requesting
the Board of Directors, and if necessary, a request reports from various parties (employees and/or
for feedback from the commissioners may be other work units) whom, according to the Fraud
done with consideration of the input from the Risk Committee’s considerations, are believed to be
Monitoring Committee (RMONC). directly or indirectly related to the fraud case.
7. All decisions that are legally decided at the meeting 2. Determining the imposition of the types of sanction
are collegial in nature. If there is a dissenting opinion on employee(s) (including vendor employees)
then it must be stated/recorded in the Minutes of who are directly or indirectly involved in the fraud
Committee Meetings (including its’ reason). incidents.
8. Meetings of the Fraud Committee on Fraud cases 3. Coordinating and collaborating with other work
where the perpetrator moved to another Line of units, as well as in the context of improvement and
Business (LoB)/Support Function (SF), then the preventive efforts, the Fraud Committee has the
Fraud Committee is held jointly between the Line right to provide constructive recommendations for
of Business (Lob)/Support Function (SF) at the time the concerned work units.
of the Fraud. In this case, the Head of the Fraud
Committee is the Board of Directors/Board of Statement of Committee Independence
Management responsible for the Directorate of the All committee members are capable of carrying out
perpetrator. their duties and functions independently for the Bank’s
interests, without being influenced by any party.
Duties and Responsibilities
Implementation of Duties in 2025
Duties of the Fraud Committee Throughout 2025, decisions of the Fraud Committee
Following up on investigative reports related to fraud were made through 41 (forty-one) virtual/offline
incidents in each unit concerned, determining sanctions meeting sessions and 23 (twenty-three) circular
resolutions.
Meeting Frequency and Attendance
The following table presents the attendance of Fraud Committee members throughout 2025:
Number of
Name Position Attendance Percentage
Meeting
Atsushi Hino Director of Corporate Banking (Japanese) 2 2 100%
Purnomo B. Soetadi Head of Retail Lending Business 16 16 100%
Enrico Novian Pension Business Head RLB (Delegation) 3 3 100%
Adil Pamungkas Retail Banking Risk Head (Delegation) 26 26 100%
Jeffrey C. Tjoeng Head of Business Banking 2 2 100%
Helena Head of Wealth Management Business and Network 11 11 100%
& Distribution
Chairul Sani Sales Distribution WMB & National Distribution Head 1 1 100%
(Delegation)
Irradiatie Pierenika Sales Distribution Pension Business & National 15 15 100%
Distribution Head (Delegation)
Heru Rustanto Anti Financial Crime Head 60 60 100%
Ida Bagus Dwi Kencana Sales Distribution Head Pension Business 3 3 100%
(Delegation)
Syafiar Marsiyanto Sales Distribution Head Pension Business 4 4 100%
(Delegation)
374 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Number of
Name Position Attendance Percentage
Meeting
Jimmy SA Hutapea Employee & Industrial Relations Head 63 63 100%
Rosowarsito Dwihatmoko D.S Collection & Recovery Head (Delegation) 1 1 100%
Novri Irza Hidayatullah Business Banking Governance, Process & Support 1 1 100%
Head (Delegation)
Christian Adrian Fraud Risk Management Head (Delegation) 4 4 100%
Sonny Sibuea HR Employee Industrial Relations (Delegation) 1 1 100%
Jeny Mustopha IT Advisor (Delegation) 1 1 100%
Ari Purnomo Micro Business & Joint Finance Head (Delegation) 1 1 100%
Competency Development Work Guidelines and Procedures (Charter)
Competency development of the Board of Directors In carrying out its duties and authority, the Sustainability
level committee members is presented in the Board of Committee is obligated to always comply with the
Directors competency development section. provisions, applicable laws and regulations and/or
internal regulations/regulations of SMBC Indonesia.
Meanwhile, the Mechanisms and Working Procedures
SUSTAINABILITY COMMITTEE of the Sustainability Committee are as described in the
Sustainability Committee Work Guidelines.
Structure and Membership
Duties and Responsibilities
Chairman: Deputy President Director Details of duties and responsibilities of the Sustainability
Committee are as follows:
Anggota: 1. Developing the strategies, policies, and targets
1. Compliance Director related to sustainable finance in SMBC Indonesia.
2. Finance & Planning Director 2. Monitoring, evaluating, and recommending
3. Operations & Technology Director sustainable finance implementation in SMBC
4. Corporate Banking (Japanese) Director Indonesia.
5. Treasury Director
6. Head of Risk Management Statement of Committee Independence
7. Head of Business Banking All committee members are capable of carrying out
8. Head of Wholesale, Commercial & Transaction their duties and functions independently for the Bank’s
Banking interests, without being influenced by any party.
9. Head of Retail Lending Business
10. Head of Wealth Management Business and Implementation of Duties during 2025
Network & Distribution Throughout its management duties in 2025, the
11. Head of Digital Banking Sustainability Committee provided recommendations
12. Head of Treasury and guidance on sustainable finance targets and
13. Head of Human Resources initiatives in SMBC Indonesia.
14. Sustainable Business Strategy Head
15. Head of Internal Audit Meeting Frequency and Attendance
In 2024, the Sustainability Committee held 3 (three)
Secretary: Sustainable Business Strategy meetings:
• 11 March 2025
• 15 April 2025
• 18 November 2025
The table below presents the attendance of Sustainability Committee members:
Number of
Name Position Attendance Percentage
Meeting
Jun Saito1 Deputy President Director 1 1 100%
Dini Herdini Compliance & Legal Director 3 2 66,67%
Hanna Tantani Finance & Planning Director 3 3 100%
Merisa Darwis Operations & Technology Director 3 3 100%
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 375
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Good Corporate Governance
Committees Under The Board of Directors
Number of
Name Position Attendance Percentage
Meeting
Atsushi Hino Corporate Banking (Japanese) Director 3 3 100%
Keishi Kobata2 Treasury Director 2 2 100%
Yuki Terayama3 Treasury Director 1 1 100%
Sendiaty Sondy Head of Risk Management 3 3 100%
Jeffrey C. Tjoeng Head of Business Banking 3 3 100%
Nathan Christianto Head of Wholesale, Commercial & Transaction 3 3 100%
Banking
Purnomo B. Soetadi Head of Retail Lending Business 3 1 33,33%
Helena Head of Wealth Management Business and 3 3 100%
Network & Distribution
Irwan Sutjipto Tisnabudi Head of Digital Banking 3 2 66,67%
Wiwig Santoso Head of Treasury 3 3 100%
Mira Fitria Head of Human Resources 3 2 66,67%
Yuki Katsuhara4 Sustainable Business Startegy Head 1 1 100%
Anke Subandy5 Head of Internal Audit 1 1 100%
Vinny Herianti6 Sustainable Business Strategy Team Head 1 1 100%
Andrie Darusman 7
Communications & Daya Head 2 2 100%
Note:
1. Jun Saito (Deputy President Director) has served as a Chairman of the Sustainability Committee since 1 September 2025.
2. Keishi Kobata served as Director until the closing of the 2025 Annual General Meeting of Shareholders (AGMS).
3. Yuki Terayama has served as Director since 27 May 2025 and has served as a member of the Sustainability Committee since 1 September 2025.
4. Yuki Katsuhara has served as a member of the Sustainability Committee since 1 September 2025.
5. Anke Subandy has served as a member of the Sustainability Committee since 1 September 2025.
6. Vinny Herianti has served as a secretary of the Sustainability Committee since 1 September 2025.
7. Andrie Darusman no longer serve as a secretary of the Sustainability Committee effective 1 September 2025.
Competency Development 3. Director in charge of Risk Management
Competency development of the Board of Directors- function, or a duly authorized representative
level committee members is presented in the Board of appointed by PT Bank BTPN Syariah Tbk.
Directors competency development section. 4. Director in charge of Risk Management
function, or a duly authorized representative
appointed by PT BTPN Syariah Ventura.
INTEGRATED RISK MANAGEMENT 5. Director in charge of Risk Management
COMMITTEE function, or a duly authorized representative
appointed by PT Oto Multiartha.
Structure and Membership 6. Director in charge of Risk Management
The composition of the Integrated Risk Management function, or a duly authorized representative
Committee as of 31 December 2025, is as follows: appointed by PT Summit Oto Finance.
Chairman: Director of FCHC in charge of Risk • Non-Permanent Members:
Management function of PT Bank SMBC Indonesia Tbk Directors and/or Executive Officers in the FCHC and
Subsidiaries who are invited depending on with the
Members: needs of the Conglomeration.
• Permanent members:
1. Director of FCHC in charge of the Risk
Management function of PT Bank SMBC
Indonesia Tbk.
2. Head of Risk Management of PT Bank SMBC
Indonesia Tbk.
376 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 379
Duties and Responsibilities 2. Quorum
The Committee is responsible for providing • The Committee meetings may only be
recommendations to the Board of Directors of FCHC on held if attended by at least 51% of the
matters related to Risk Management, especially in: number of Permanent Members and 1 (one)
1. The establishment and review of the Integrated Risk representative from each member of the
Management Policy Conglomeration.
2. Revision or enhancement of the Integrated Risk • Non-Permanent Members may attend the
Management Policy, including enhancement of risk meeting. However, his/her presence is not
strategy and risk framework based on the results of counted as part of the quorum and his/her,
evaluation. votes will not be calculated as part of the
decision-making.
Statement of Committee Independence
All committee members are capable of carrying out 3. Decision-Making
their duties and functions independently for the Bank’s • Meeting decision shall be made based on
interests, without being influenced by any party. deliberation to reach consensus. In the event
that decisions cannot be reached, decisions
Work Guidelines and Procedures (Charter) must be made based on approval of more than
The Integrated Risk Management Committee has a 50% of the total votes validly in the relevant
charter containing, among others: meeting, including Chairman of the Committee.
• If the voting result are a draw between
1. Meeting affirmative and negative votes, the Chairman
• Committee shall hold a meeting at least of the Committee can be determine the final
once every semester or more frequently if decision to be taken by the Committee.
necessary. • The Committee may take a valid decision
• The Committee may invite Non-Permanent without holding a formal Committee meeting
Members to attend the meeting if necessary. in the form of a “Committee’s Circular
• The Committee meetings may be held via Resolution”, provided that all Permanent
teleconference or other electronic media that Committee Members vote in writing and sign
enable all meeting participants to see and the Committee’s Circular Resolution. These
hear each other directly and participate in the resolution shall have the same legal binding
meeting. Committee member who participates and validity as resolution taken in the meeting
in the meeting through the media and by way of Committee.
of the above mentioned is assumed as present
the meeting and included into the quorum Implementation of Duties during 2025
calculation of attendance and resolution of the In 2025, the Integrated Risk Management Committee
meeting. held its 1 (first) semester meeting on 10 February 2025
• Committee meetings will discuss the and its 2 (second) semester meeting on 8 August 2025.
Integrated Risk Profile Assessment Report and
the Integrated Capital Adequacy Report of the
Conglomeration. In addition, the Integrated
Risk Management Unit shall gather additional
meeting agenda from member of the
Conglomeration.
• The results of the Committee meeting must
be written in a minutes of meeting, including
any dissenting opinions, which has been
duly signed by all Permanent Members
documented well. The minutes of meeting will
be circulated to all Permanent Members for
their acknowledgement.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 377
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Good Corporate Governance
Committees Under The Board of Directors
Meeting Frequency and Attendance
The following is the attendance detail of the Integrated Risk Management Committee meetings held in 2025:
Number of
Name Position Attendance Percentage
Meeting
Chairman
Henoch Munandar(1) President Director - - N/A
Sendiaty Sondy(2) Head of Risk Management 2 2 100%
Permanent Members
Sendiaty Sondy(3) Head of Risk Management - - N/A
Heru Rustanto(4) Acting as Operational Risk Management Head 1 1 100%
Deni Djalil(4) Market & Liquidity Risk Management Head 1 1 100%
Keisuke Heima(5) Integrated Risk Management Head 2 2 100%
Wahyu Nugroho (4)
Portfolio Management & Policy Head 1 1 100%
Buyung Bachtiar(6) Cyber Security Risk Management Head 1 1 100%
Tasuku Tanaka(4) Credit Risk Head 1 1 100%
Arief Ismail Director of Compliance - PT Bank BTPN 2 2 100%
Syariah Tbk
Antonius B. Priyadi(7) Director– PT BTPN Syariah Ventura 1 1 100%
Victoria Rusna(8) President Director - PT Summit Oto Finance 2 2 100%
Nobuhiro Moroo Director - PT Oto Multiartha 2 2 100%
Note:
(1) Effective as Chairman of the Committee since 23 September 2025.
(2) Effective as Chairman of the Committee until 23 September 2025.
(3) Effective as a Permanent Member since 23 September 2025.
(4) Effective as a Permanent Member until 22 July 2025.
(5) Effective as a Permanent Member until 23 September 2025.
(6) 1) Effective as a Permanent Member until 22 July 2025.
2) Represented by a duly appointed and authorized official at the meeting held on 8 August 2025.
(7) Effective as a Permanent Member since 22 July 2025.
(8) Represented by a duly appointed and authorized official at the meetings held on 10 February and 8 August 2025.
Competency Development
Competency development of the Board of Directors-level1) committee members is presented in the Board of Directors
competency development section.
1) Board of Directors of PT Bank SMBC Indonesia Tbk as FCHC.
378 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 381
Corporate
Secretary
PROFILE OF THE CORPORATE SECRETARY
• Master’s degree in Law, Universitas Indonesia (2012) (2012)
• Bachelor’s degree in Law with Special Law Program on Economic
Activity from Universitas Indonesia (1997)
Eneng Yulie Educational
Background
Andriani
Corporate Secretary Circular decision of the Board of Directors No. PS/BOD/001/I/2020 dated
10 January, 2020
Nationality Basis of
Indonesian
Appointment
Domicile Corporate Secretary Head
Jakarta
Age Concurrent
51 years
Positions
old in the 2025 financial
year • Head of Corporate Legal Department PT Bank Sumitomo Mitsui
Indonesia (2014-2019)
• Corporate Action & Stakeholder Management Head of Corporate
Work Secretariat Division PT Bank Danamon Indonesia Tbk (1997-2014)
Experience
No affiliation with the Board of Directors, Board of Commissioners, and
Controlling Shareholders
Affiliation
TERM OF OFFICE DUTIES AND RESPONSIBILITIES
Term of office of the Corporate Secretary was effective Details of duties and responsibilities of the Corporate
as of 10 January 2020. Secretary within the Bank are as follows:
1. Maintaining good relations with the Financial
Services Authority, the Indonesia Stock Exchange,
LEGAL BASIS and other stakeholders.
2. Responsible for providing important information
In compliance with Financial Services Authority regarding the Bank’s condition to all stakeholders
Regulation No. 35/POJK.04/2014 on the Establishment that the public must know.
of Corporate Secretary juncto Securities Administration 3. Keeping track of the capital market development,
Regulation of PT Bursa Efek Indonesia (Indonesia including applicable regulations in the capital
Stock Exchange) No. 1-A attachment II of the Decision market.
of the Board of Directors of PT Bursa Efek Indonesia 4. Fulfilling the Company’s obligations as a listed
No. Kep00001/BEI/01- 2014 dated 30 January 2014. company based on Corporate Governance
The Bank retains the Corporate Secretary, Eneng Yulie principles.
Andriani, effective 10 January 2020, appointed based 5. Providing feedback to the Board of Directors
on Circular Decision No. PS/BOD/001/I/2020 dated 10 and the Board of Commissioners to comply with
January 2020. provisions of Law No. 8 of 1995 concerning the
Capital Market and its implementing regulations.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 379
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Good Corporate Governance
Corporate Secretary
6. Responsible for the implementation of the GMS.
7. Coordinating the implementation of meetings of the Board of Directors and the Board of Commissioners.
8. Preparing and filing the Minutes of Meeting of the Board of Director meetings.
9. Assisting the Board of Directors and the Board of Commissioners in their duties and responsibilities.
CONCURRENT POSITION AND ORGANIZATIONAL STRUCTURE
The function of the Corporate Secretary is served by an executive officer who leads the Corporate Secretary Division.
This position is under the supervision/coordination of the Compliance Director and is not to be served concurrently
with other positions.
President Director
Compliance Director
Corporate Secretary Head
• Board & Stakeholder Management
• Group Governance & Subsidiary Management
• Corporate Action & Regulatory Reporting
• Executive Secretary for President Director
• Executive Secretary for Board of
Commissioners
In carrying out their duties and responsibilities, The Governance structure not only cover the sufficiency
the Corporate Secretary oversees and manages of Company organ, but also becoming guidelines
the functions of Group Governance & Subsidiary supporting the organ’s performance to carry out
Management, Corporate Action & Regulatory Reporting, process, to accomplish the satisfying result.
as well as Boards & Stakeholder Management
GCG strengthening not only upon the Bank, but also
the alignment of governance at the group or financial
IMPLEMENTATION OF DUTIES AND conglomerate, including to review and align policies
RESPONSIBILITIES between the Company and its subsidiaries, including
updates to GCG Manual both for the Bank and
Corporate Secretary Report 2025 Integrated one, Manual for Board of Commissioners and
The following are brief activity repot of Corporate Board of Directors, as well as charters of the committees
Secretary in 2025. of the Board of Commissioners and Board of Directors,
to reflect regulatory developments and group policies.
Strengthening Group Governance and Cross-entity coordination was conducted to ensure
Subsidiary Alignment consistency in reporting standards, decision-making
Corporate Secretary facilitated the strengthening of mechanisms, and governance documentation at the
governance at the Bank, the assessment of governance conglomeration level.
from the view of structure, process and outcome,
become the guidelines for Corporate Secretary to give By supporting the development and refinement of the
input toward the implementation of good governance. Integrated Governance framework, Corporate Secretary
contributed to ensuring that group-level oversight and
reporting structures operate effectively, measurably,
and in full regulatory alignment.
380 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 383
Capital Market Regulatory Compliance and Support for Strategic Initiatives
Information Disclosure Corporate Secretary also supported various strategic
Throughout 2025, Corporate Secretary ensured initiatives of the Company, including the enhancement
the timely and accurate fulfillment of all reporting of governance frameworks.
obligations to the Financial Services Authority in the
capital market area, the Indonesia Stock Exchange, and Corporate Secretary also provides an assessment
other relevant regulators. The Corporate Secretary also in the view of governance of Affiliated Transactions
coordinated the disclosure of material transactions, to be carried out by the Bank to help ensure that
affiliated transactions, corporate actions, and other the transactions are carried out in accordance with
relevant information that may influence shareholder arms-length principles, no conflict of interest, and
decisions or market perception. the disclosure or reports submitted do not contain
misleading information.
A disciplined internal review and clearance mechanism
was implemented to mitigate the risks of delayed Corporate Secretary periodically submits its detailed
reporting or inaccurate disclosures, thereby activity report for whole year to the Board of Directors
safeguarding the Company’s integrity in the eyes of and Board of Commissioners.
regulators and investors.
Affiliated Transaction
Stakeholder Relation and Support to the The implementation of affiliated transactions by the
Board of Commissioners and the Board of Company is not only required to comply with applicable
Directors regulations, but must also reflect the principles of
The Corporate Secretary performed a strategic role as transparency, accountability, and the protection of the
the Company liaison with shareholders, regulators and interests of shareholders and other stakeholders.
SRO in capital market, and other stakeholders.
Each affiliated transaction initiative is carried out in
Corporate Secretary provided support to the Board of accordance with the procedures applicable within
Commissioners and the Board of Directors as well as the Company and is first subject to a comprehensive
their committees in organizing meetings, preparing assessment from business, commercial, legal,
agendas, documenting minutes, and monitoring follow- compliance, risk management, financial, and corporate
up recommendation of Board of Commissioners and governance perspectives, as well as other relevant
actions/approvals of Board of Directors. Corporate aspects in line with the characteristics of the transaction.
Secretary with HR jointly formulate workshop or training This assessment includes, among others, an evaluation
adjusted with the need of Board of Commissioners and of the fairness of the transaction value and the potential
Board of Directors, to enhance with information and for conflicts of interest. The results of such assessments
knowledge. are consolidated as the basis for management decision-
making.
This approach fostered constructive stakeholder
relationships and strengthened the Company’s The Board of Directors and the Board of Commissioners
reputation and credibility. state that they have no conflict of interest in respect of
the relevant Affiliated Transactions and that all material
Management of Corporate Actions information has been disclosed and does not contain
Corporate Secretary supported the implementation any misleading information or information that could
of the Annual and/or Extraordinary General Meetings potentially be detrimental to the Company.
of Shareholders as well as other corporate actions
conducted throughout 2025. All processes were carried Furthermore, the results of the assessment determine
out in full compliance with capital market regulations the treatment of the Affiliated Transactions in
and shareholder protection principles, including the accordance with OJK Regulation No. 42/POJK.04/2020
protection of minority shareholders. on Affiliated Transactions and Conflict of Interest
Transactions.
For each corporate action, the Corporate Secretary
ensured the compliance with relevant regulation, to Affiliated Transactions that constitute business
obtain proper corporate approval, adequate disclosure activities conducted in the ordinary course of business
of Information, complete legal documentation, and to generate operating revenue and are carried out
proper reporting to regulators in accordance with routinely, repeatedly, and/or on an ongoing basis have
applicable regulations. been disclosed in the Annual Financial Statements for
the 2025 financial year, Note 40.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 381
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Good Corporate Governance
Corporate Secretary
In supporting the Company’s business activities, the Company entered into cooperation arrangements with affiliated
parties as follows:
Affiliated Party Nature of relationship Nature of transactions
The Japan Research Institute, The Japan Research Institute, Collaboration in the IT sector that supports the Bank’s business
Limited Limited activities
Disclosure of Information
As part of the Bank’s responsibility and compliance as a public company, the following is a list of information
disclosures submitted throughout 2025.
Document Number Date Subject
S.001/CCS/I/2025 6 January 2025 Disclosure of Information on Bond Coupon Payment
S.006/CCS/I/2025 24 January 2025 Mandatory Disclosure of Information for Public
Press Release namely: Jenius Introduces Credibility: Build a Better Financial Reputation
Digital-Savvy Community
S.009/CCS/II/2025 5 February 2025 Mandatory Disclosure of Information for Public
Press Release namely: SMBC Indonesia Accelerates Meaningful Growth Nationwide
Through Branch Transformation
S.013/CCS/II/2025 13 February 2025 Mandatory Disclosure of Information for Public
Press Release namely: Wise Financial Management During Ramadan and Eid al-Fitr with
Creditbility from Jenius
S.013/CCS/III/2025 3 March 2025 Mandatory Disclosure of Information for Public
Press Release namely: SMBC Indonesia Records Asset and Profit Growth in 2024,
Reinforcing Its Commitment to Do Good, Be Great
S.019/CCS/III/2025 3 March 2025 Disclosure Information of Annual Rating Result
S.023/CCS/III/2025 11 March 2025 Disclosure Information of Rating Result on Shelf Registered Bonds of PT Bank SMBC
Indonesia Tbk (“the Company”) Year 2024
S.024/CCS/III/2025 17 March 2025 Disclosure of Information on Bond Coupon Payment
S.030/CCS/III/2025 8 April 2025 Disclosure of Information on Bond Coupon Payment
S.035/CCS/IV/2025 22 April 2025 Mandatory Disclosure of Information for Public
Press Release namely: SMBC Indonesia 2025 AGMS Decides on New Board of Directors
and Board of Commissioners
S.040/CCS/IV/2025 29 April 2025 Disclosure of Information regarding the Changes in the Composition of Members
of the Board of Commissioners and Board of Directors of PT Bank SMBC Indonesia Tbk
(the “Company”)
S.042/CCS/IV/2025 30 April 2025 Mandatory Disclosure of Information for Public
Press Release namely: SMBC Indonesia Records Growth in Operating Income and Retail
Lending during Q1-2025, Reinforcing Its Commitment to a More Meaningful Growth
S.050/CCS/V/2025 28 May 2025 Disclosure of Information regarding the Changes in the Composition of Members Board
of Directors of PT Bank SMBC Indonesia Tbk (the “Company”)
S.051/CCS/VI/2025 4 June 2025 Disclosure of Information regarding the Changes in the Composition of Members Board
of Directors of PT Bank SMBC Indonesia Tbk (the “Company”)
S.055/CCS/VI/2025 17 June 2025 Disclosure of Information on Bond Coupon Payment
S.058/CCS/VII/2025 1 July 2025 Disclosure of Information regarding the Changes in the Composition of Members Board
of Directors of PT Bank SMBC Indonesia Tbk (the “Company”)
S.061/CCS/VII/2025 7 July 2025 Disclosure of Information on Bond Coupon Payment
S.063/CCS/VII/2025 17 July 2025 Disclosure of Information regarding the Amendment to the Articles of Association of PT
Bank SMBC Indonesia Tbk (the “Company”)
S.065/CCS/VII/2025 30 July 2025 Mandatory Disclosure of Information for Public
Press Release namely: SMBC Indonesia Shows Resilience in Challenging First Half of
2025, with Solid Growth in Operating Revenue and Credit Disbursement
S.594/DIR/CCS/ 13 August 2025 Submission of Abridged Additional Information related to the planned Shelf Registered
VIII/2025 Bonds V Bank SMBC Inodnesia Phase III Year 2025
382 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 385
Document Number Date Subject
S.595/DIR/CCS/ 13 August 2025 Additional Information on the Issuance of Bank SMBC Indonesia's Sustainable Bond V
VIII/2025 Phase III 2025
S.634/DIR/CCS/ 27 August 2025 Additional Information on the Issuance of Bank SMBC Indonesia's Sustainable Bond V
VIII/2025 Phase III 2025
S.077/CCS/IX/2025 17 September 2025 Disclosure of Information on Bond Coupon Payment
S.080/CCS/X/2025 6 October 2025 Disclosure of Information on Bond Coupon Payment
S.090/CCS/X/2025 29 October 2025 Mandatory Disclosure of Information for Public
Press Release namely: SMBC Indonesia Delivers Strong Operating Income, Loan Growth
in January – September 2025 through Adaptive Strategy
S.100/CCS/XII/2025 2 December 2025 Disclosure of Information on Bond Coupon Payment
S.104/CCS/XII/2025 17 December 2025 Disclosure of Information on Bond Coupon Payment
Training and Competency Development
Details of competency development participated by the Corporate Secretary throughout 2025 are as follows:
No. Date Organizer Topic Venue
1. 28 April 2025 PT Raharja Duta Level 5 – Banking Risk Management Jakarta
Solusindo
2. 15 May 2025 ICSA In-Depth Discussion on Financial Services Authority Regulation No. 29 Jakarta
of 2023 concerning Share Buybacks Issued by Public Companies
3. May 2025 ICSA Corporate Readiness in Facing Global Market Volatility: Investor Jakarta
Relations and Corporate Secretary Perspectives
4. 28 May 2025 ICSA Extended Producer Responsibility: Managing End-of-Life Products Jakarta
5. 19 June 2025 ICSA Digital Governance: Automating Compliance and Disclosure with AI Jakarta
Tools
6. 17–18 July 2025 ICSA Industry Visit to Bandung & Indonesia Stock Exchange West Java Bandung
Representative Office: Strengthening Governance & Innovation
through Technology Transformation and Operational Excellence
7. 23 July 2025 SMBCI Learning Learning Festival 2025: Retno Marsudi – Leading Beyond Borders Jakarta
Through Diplomacy
8. 23 July 2025 SMBCI Learning Learning Festival 2025: Bintang Emon – Building Connection & Jakarta
Influence with Comedy
9. 28 July 2025 SMBCI Learning SMBCI Mandatory Learning: Anti-Fraud Statement, Integrity Pact and Jakarta
Code of Ethics
10. 29 July 2025 SMBCI Learning SMBCI Mandatory Learning: APU PPT & PPPSPM Jakarta
11. 19 September 2025 ICSA Tax for Non-Tax Professionals: The Role of Corporate Secretary in Jakarta
Issuer Tax Obligations, M&A and Transactions
12. 23–25 September ICSA Industry Visit to Malaysia: Learning from the Region – Malaysia’s Kuala Lumpur
2025 Approach to Governance and Sustainability Practices
13. 26 September SMBCI Learning Corporate Secretary Workshop with BOC-BOD-BOM Secretaries Jakarta
2025
14. 29 October 2025 SMBCI Learning SMBCI Mandatory Learning: Anti-Fraud Awareness Jakarta
15. 25 December 2025 SMBCI Learning SMBCI Mandatory Learning: Cyber & Information Security Awareness Jakarta
2025
16. 25 December 2025 SMBCI Learning SMBCI Mandatory Learning: Operational Risk Management 2025 Jakarta
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 383
Page 386
Good Corporate Governance
Compliance
Function
The implementation of the Compliance Function at Furthermore, the rigorous implementation of the
SMBC Indonesia primarily refers to Financial Services Compliance Function is aligned with the rapid
Authority (OJK) Regulation No. 46/POJK.03/2017 advancement of information technology and
concerning the Implementation of the Compliance digitalization, which may increase potential compliance
Function of Commercial Banks. The regulation stipulates risks for the Bank. Therefore, a strong compliance
that the Compliance Function comprises a series of culture is fostered through enhancing the role and
preventive (ex-ante) actions or measures to ensure that responsibility of compliance at every level of the
the Bank’s policies, provisions, systems, procedures, and organization, as well as strengthening the effectiveness
business activities are in accordance with the regulations of the Bank’s Compliance Work Unit. In this way,
of the Financial Services Authority (OJK), Bank Indonesia potential risks arising from the Bank’s business activities
(BI), the Indonesia Deposit Insurance Corporation (LPS), can be mitigated and anticipated.
and the Indonesian Payment System Association (ASPI),
as well as other applicable laws and regulations and In addition to the above, the implementation of
the provisions of Sumitomo Mitsui Banking Corporation the Bank’s Compliance Function is carried out in
Group (SMBC Group) as the majority and controlling a comprehensive and structured manner, serving
shareholder of the Bank. In addition, it ensures the as a preventive measure to ensure that business
Bank’s compliance with commitments made to OJK, BI, processes are conducted in accordance with applicable
and/or other relevant supervisory authorities. regulations.
SMBC Indonesia is committed to consistently
complying with the regulations of Financial Services ORGANIZATIONAL STRUCTURE
Authority (OJK), Bank Indonesia (BI), the Indonesia
Deposit Insurance Corporation (LPS), the Indonesian The Compliance Function within the SMBC Indonesia
Payment System Association (ASPI), and other organization is implemented by the Compliance
applicable laws and regulations. This commitment is set Unit, namely the Compliance Division, which is
out in the Bank’s Corporate Governance Manual and independent in accordance with OJK regulations on
Compliance Policy. the Implementation of the Compliance Function.
In accordance with regulatory provisions, the Bank
The importance of implementing the Compliance also has a Director of Compliance who oversees the
Function reflects the Bank’s awareness that the banking Compliance Function (Compliance Director).
industry is highly regulated and subject to stricter
compliance requirements compared to other industries. The following is the organizational structure of the
This stringent level of compliance is particularly related Compliance Division:
to the Bank’s public mandate and responsibility in
managing public funds.
Director of Compliance & Legal
Compliance Head
Compliance Advisory Compliance Advisory Compliance & Group Regulatory Reporting Integrated
Corporate Retail Reporting & Relations Compliance & Policy
384 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 387
LEGAL BASIS 2. Proposing compliance policies or principles that will
be established by the Board of Directors;
The Bank’s main guideline in its compliance function 3. Establishing the compliance system and
is OJK Regulation No. 46/POJK.03/2017 on the procedures to be used to formulate the Bank’s
Implementation of Compliance Function in commercial internal provisions and guidelines;
Banks. In addition, the Bank takes into consideration the 4. Ensuring that all policies, provisions, systems,
following: procedures, as well as the Bank’s business activities
1. The development of information technology, are in accordance with provisions set by the
globalization, and financial market integration Financial Services Authority and the provisions of
will add to the complexity of the Bank’s business the laws and regulations;
activities that will broadly impact the risk exposures 5. Minimizing the Bank’s Compliance Risk;
faced by banks; 6. Taking preventive measures so that policies and/
2. Efforts to mitigate risks in the Bank’s business or decisions by the Bank’s Board of Directors will
activities, both as preventive measures (ex-ante) or not deviate from provisions set by the Financial
curative measures (ex-post); Services Authority and provisions of the laws and
3. Efforts of preventive measures (ex-ante) can be regulations; and
conducted by complying with various applicable 7. Conducting other tasks related to Compliance
banking rules to reduce or minimize risks in the Function.
Bank’s business activities.
Duties and Responsibilities of the
Compliance Work Unit
FUNCTION, DUTIES, AND
RESPONSIBILITIES 1. Establishing steps to support the emergence of
Compliance Culture in all of the Bank’s business
Functions, duties, and responsibilities of the Compliance activities at every level of the organization;
Department in SMBC Indonesia are focused on 2. Conducting identification, measurement,
supporting the implementation of the Compliance monitoring, and control of Compliance Risk by
Function in accordance with POJK No. 46/POJK.03/2017 referring to the provisions of the Financial Services
on the Implementation of compliance Function in Authority that regulate the implementation of risk
Commercial Banks, which covers the following: management in commercial banks;
1. Realizing the implementation of Compliance 3. Assessing and evaluating the effectiveness,
Culture at all levels of the organization and business adequacy, and conformity of the Bank’s policies,
activities of the Bank; provisions, systems, and procedures with provisions
2. Managing Compliance Risks faced by the Bank; of the laws and regulations;
3. Ensuring that policies, provisions, systems, and 4. Reviewing and/or recommending updates and
procedures as well as business activities carried out improvement of the Bank’s policies, provisions,
by the Bank are in accordance with the provisions systems, and procedures in order to comply with
of the Financial Services Authority and statutory provisions of the Financial Services Authority, as
provisions; and well as the provision of the laws and regulations;
4. Ensuring the Bank’s compliance with commitments 5. Making efforts to ensure that the Bank’s policies,
made by the Bank to the Financial Services provisions, systems, and procedures, as well as the
Authority and/or other authorized supervisory Bank’s business activities, are in accordance with
authorities. the provisions of the Financial Services Authority
and provisions of the laws and regulations; and
For the effective implementation of the Compliance 6. Conducting other tasks related to the Compliance
Function, the Bank has a Director in charge of the Function.
Compliance Function. In carrying out its duties, it is
assisted by an independent Compliance Working Unit as Supervision of the Board of Directors and
stipulated by OJK regarding the Implementation of the the Board of Commissioners
Compliance Function of Commercial Banks. Referring to the obligation to comply with POJK No.46/
POJK.03/2017 concerning the Implementation of
Referring to POJK No. 46/POJK.03/2017 concerning Compliance Function of Commercial Banks, the Board
the Implementation of the Compliance Function of of Directors shall foster and realize the implementation
Commercial Banks, the Duties and Responsibilities of of Compliance Culture at all levels of the Bank’s
the Director in Charge of the Compliance Function are at organization and business activities and shall ensure the
least as follows: implementation of the Bank’s Compliance Function.
1. Formulating the strategy to encourage the
emergence of the Bank’s Compliance Culture;
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 385
Page 388
Good Corporate Governance
Compliance Function
In this respect, to ensure the implementation of the FOCUS OF THE COMPLIANCE FUNCTION IN
Compliance Function, the Board of Directors and the 2025
Board of Commissioners continue to actively supervise
the implementation of the Bank’s Compliance Function The following outlines the focus of the implementation
which, among others, is carried out through the of the Compliance Function in 2025 through
following activities: compliance strategies carried out in line with the Bank’s
1. Report on the implementation of duties and commitment to regulatory compliance, minimizing
responsibilities of the Compliance Unit to the potential violations of OJK, BI, and LPS regulations as
Compliance Director (monthly); well as other applicable laws and regulations, and as part
2. Report on the implementation of duties and of efforts to maintain and manage the Bank’s level of
responsibilities of the Compliance Director to the compliance risk, among others as follows:
President Director with a copy to the Board of • Enhancing assistance and monitoring of
Commissioners (quarterly); compliance implementation across all business/
3. Report on the implementation of duties and support lines. This particularly applies to business
responsibilities of the Compliance Director units launching new products/initiatives, units
submitted to the Financial Services Authority (OJK) responsible for regulatory reporting, as well as units
with a copy to the Board of Commissioners and responsible for fulfilling prudential ratios such as
President Director (semi-annual); Capital Adequacy Ratio (CAR), Statutory Reserve
4. Report on the results of Compliance Risk Requirement (SRR), Net Open Position (NOP), Non-
assessment of inherent risks and the quality of Performing Loan (NPL), Legal Lending Limit (LLL),
compliance risk management implementation Net Stable Funding Ratio (NSFR), Liquidity Coverage
in the Bank’s operations submitted to the Risk Ratio (LCR), and Leverage Ratio.
Management Unit (quarterly); • Strengthening the Compliance Culture at all
5. Report on the results of monitoring compliance organizational levels and in all Bank business
risks and updates on compliance issues submitted activities, including through:
to the Board of Directors at the Board of Directors 1) Dissemination of OJK, BI, and LPS regulations,
Meeting and to the Board of Commissioners at both new and existing regulations that impact
the Board of Directors meeting forum with the the Bank’s products and activities, including to
Board of Commissioners (quarterly) and the Audit branch employees through AML Compliance
Committee meeting (semi-annual); Champions (ACC).
6. Implementation of the In-Office Compliance 2) Providing training to all staff and enhancing
Committee Meeting which was attended by, among awareness of the Compliance Culture, both at
others: President Director, Compliance Director, Head Office and branch offices through AML
relevant BOD and BOM, as well as representatives Compliance Champions (ACC) located in the
from SMBC as the controlling Shareholder regions, as part of the Compliance Division’s
(bimonthly). activities in raising awareness and monitoring
branch compliance implementation, including
The Board of Directors and the Board of Commissioners organizing mandatory e-learning programs
have also approved the compliance policy that serves to strengthen the Compliance Culture, which
as the fundamental infrastructure in the governance must be attended by all employees.
implementation of the Bank’s Compliance Function. 3) Ensuring that legal documents used across all
Bank offices have been reviewed and verified
In compliance with POJK No. 46/POJK.03/2017 on by the Bank’s Head Office.
the Implementation of the Compliance Function in • Strengthening supervision and awareness of
Commercial Banks, the Board of Commissioners takes Compliance Risk by conducting Compliance Self-
an active supervisory role of the Compliance Function Assessment (CSA), Compliance Self-Review (CSR),
through assessment of the Bank’s Compliance Function Thematic Review, Compliance On-Site Review
implementation conducted 2 (two) times a year, (Branch Review), as well as internal discussions to
including providing suggestions/recommendations to provide input to related units.
improve the implementation of the Bank’s Compliance
Function.
386 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 389
• Enhancing the competence and capacity of • Continuing GCG assessment using the ASEAN
human resources within the Compliance Unit, Corporate Governance Scorecard standard
including advisors, in anticipation of changes in OJK and making improvements where possible in
regulations that are increasingly principal-based, as accordance with prevailing laws and regulations in
well as developments in new products and activities Indonesia, including amendments to the Articles of
within the banking industry. Association if necessary.
• Assisting business units in conducting business • Reviewing the adequacy of the GCG structure and
collaboration with companies within the SMBC following up by improving or building infrastructure
Financial Conglomeration. to support the optimization of GCG implementation,
• Ensuring that all policies, provisions, systems, for example by adding or adjusting the scope
procedures, and business activities carried out by of duties within committees under the Board of
the Bank comply with local regulatory requirements Commissioners or Board of Directors.
and other applicable laws and regulations through • Continuing efforts to manage and improve the
evaluation of internal policies, corporate actions, database of Related Parties and Affiliated Parties
and transactional (credit) decisions that require to facilitate reference in managing transactions
approval from the Credit Committee and advisory with Related Parties and Affiliated Parties, thereby
function. supporting the Bank in conducting affiliated
• Minimizing the potential for regulatory penalties transactions on an arm’s length basis and with due
(OJK, BI, LPS, and Tax Office) by evaluating and consideration of potential conflicts of interest.
reviewing the root causes of penalties arising • Enhancing supervision and governance of
from related units, including monitoring corrective employees who possess Insider Information or
actions taken and implementing preventive Price Sensitive Information (PSI) regarding the
measures. Bank’s customers, including but not limited to
• Optimizing the implementation of the Compliance supervision and governance of Insider Trading and
Function in business/support lines through Personal Account Dealing (PAD).
strengthening the Internal Control Risk (ICR) • Strengthening the implementation of the
function to conduct internal control and risk independence principle from the Controlling
management in each business/support line, Shareholder through communication mechanisms
including monitoring regulatory reporting aligned with applicable legal frameworks, including
obligations and ensuring timely follow-up on OJK conducting periodic reviews and dissemination
and/or BI audit findings in accordance with agreed of related policies and procedures. As a public
timelines. company, the Bank remains committed to
• Conducting periodic reviews of the Bank’s primary safeguarding the interests of all shareholders.
policy, namely the Corporate Governance Manual, • Managing information disclosure in accordance with
to ensure continued relevance to the development OJK Capital Market regulations.
of GCG implementation and alignment, as closely • Ensuring the implementation of Good Corporate
as possible, with governance principles issued Governance (GCG) within the Financial
by the Organisation for Economic Cooperation Conglomeration, including harmonizing policies and
and Development (OECD) through the ASEAN procedures between the Bank and its subsidiaries
Corporate Governance Scorecard. The update of through coordination and communication,
the Corporate Governance Manual also provides particularly in governance, finance, internal audit,
the option to implement governance not only risk management, and compliance areas.
at the Bank level but also across the financial • Reviewing and strengthening policies and
conglomeration. procedures related to communication flows with
• Strengthening GCG implementation at every the parent company and subsidiaries in accordance
organizational level and within the Financial with standards acceptable to all parties.
Conglomeration scope, including anti-bribery • Reviewing and strengthening policies and
and anti-corruption as well as conflict of interest procedures related to Affiliated Transactions at both
management in all Bank processes, including the Bank and subsidiary levels in order to minimize
vendor procurement processes and the granting of conflicts of interest.
entertainment and gifts to third parties, to ensure • Reviewing the UI/UX of the website HYPERLINK
compliance with OJK regulations, particularly “http://www.smbci.com”www.smbci.com and
concerning Outsourcing and SMBC Global Policies. conducting revamping to ensure that the SMBC
Indonesia website properly represents the Bank.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 387
Page 390
Good Corporate Governance
Compliance Function
• Ensuring effective management of SMBC of branch employees, dissemination of OJK, BI, LPS,
Indonesia’s reputational risk, including maintaining and ASPI regulations as well as SMBC regulations
strong strategic relationships with media in was conducted both online and offline by the AML
managing negative coverage.. Compliance Champion (ACC). This forms part of the
Compliance Unit’s activities in strengthening compliance
awareness and monitoring the implementation of the
COMPLIANCE IMPLEMENTATION Compliance Culture at branch offices.
STRATEGY
The Bank retains the strategy to establish continuous REALIZATION OF COMPLIANCE INITIATIVES
compliance within the Bank’s organization. Details of the IN 2025
strategy are explained below:
1. Assistance and monitoring of compliance Throughout 2025, the Bank realized several compliance
implementation in all lines of business/support. related initiatives, including:
a. Improving compliance culture at all levels of 1. Conducted evaluations of reviews performed by
the Bank’s organization and business activities relevant units regarding the causes of regulatory
through socialization of OJK, BI, LPS, and ASPI sanctions (OJK and/or BI) and the follow-up
provisions. actions taken, in order to mitigate the recurrence
b. Providing training to all staff and increasing of sanctions and enhance the Bank’s internal
awareness of compliance culture, both at head control framework. This included monitoring the
office and branches. completion of corrective and remedial actions in
2. Increased supervision and awareness of accordance with the review results. In addition,
compliance risk by organizing Compliance Self - the Bank issued an internal regulation concerning
Assessment, Compliance Self-Review, Compliance the Regulatory Sanctions Reporting Framework
On-Site Review (Branch Review), and also internal (Potential & Actual), covering the identification of
discussions to provide input to related units. potential sanctions, presentation to the relevant
3. Ensuring that all policies, provisions, systems, BOD/BOM, preparation of sanction assessment
and procedures, as well as business activities memoranda, and monitoring of corrective and
carried out by the Bank, are in accordance with preventive follow-up actions.
the provisions (OJK, BI, LPS, and ASPI) and the 2. Conducted thematic reviews of procedures and
provisions of laws and regulations. It is conducted business as well as operational activities within
by evaluating internal guidelines, corporate actions, relevant units. In addition, as part of efforts to
and transactional (credit) decisions that must be enhance compliance awareness within the related
approved by the Credit Committee and advisory units, the Bank re-disseminated regulatory
function. provisions that directly impact the Bank’s products
and business activities.
3. Enhanced the compliance process, including
COMPLIANCE SOCIALIZATION strengthening the supporting infrastructure for
the implementation of the Compliance Function
Throughout 2025, the Bank conducted dissemination of within the Compliance Division through a dedicated
new regulations issued by OJK, BI, LPS, and ASPI through monitoring system, the Operational System
email and virtual channels to the Board of Directors, the for Compliance Reporting (OSCAR), to monitor
Board of Commissioners, and relevant units, including compliance with OJK, BI, LPS, and ASPI regulations,
the distribution of newly issued regulations to the follow-up on regulatory audit findings, and other
respective units. This initiative was undertaken to ensure compliance obligations. The system continues
that the Bank is able to promptly follow and determine to be adjusted and developed to ensure ongoing
the necessary follow-up actions in response to the relevance and alignment with organizational needs.
implementation of such new regulations. 4. Established an Integrated Compliance Program with
Subsidiaries, including the alignment of Culture &
In addition, the Compliance Function also carried out Conduct activities.
dissemination to relevant units regarding existing 5. Implemented ISO 37001 Certification, an
regulations that impact the Bank’s products and international standard for the Anti-Bribery
business activities. To enhance the understanding Management System (ABMS).
388 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 391
Integrated Compliance
Function
The Integrated Compliance Function is a function LEGAL BASIS
carried out by the Compliance Unit of the Financial
Conglomeration Holding Company (PIKK), to perform References for the implementation of the Integrated
evaluation and monitoring activities of the compliance Compliance Function are based, among others, on the
function within each financial institution under the following regulatory provisions:
Financial Conglomeration. 1. POJK No. 30 year 2024 concerning Financial
Conglomeration and Financial Conglomeration
Holding Companies;
ORGANIZATIONAL STRUCTURE 2. POJK No. 18/POJK.03/2014 concerning the
Implementation of Integrated Governance for
The implementation of the Integrated Compliance Financial Conglomerations;
Function within the SMBC Indonesia organization is 3. SEOJK No. 15 year 2015 concerning the
carried out by the Integrated Compliance Unit, namely Implementation of Integrated Governance for
the Compliance Division. In accordance with regulatory Financial Conglomerations.
requirements, the Bank has appointed a Compliance
Director who oversees the Compliance Function.
FUNCTION, DUTIES, AND
The Integrated Compliance Function of the PIKK RESPONSIBILITIES
Compliance Division is supported by the following
organizational structure: The Integrated Compliance Unit is carried out by
the PIKK Compliance Division, which operates
independently and reports directly to the PIKK
Compliance Director, in accordance with the
Organizational Structure illustrated above.
The Integrated Compliance Unit is responsible for
performing the following activities:
1. Ensuring that the compliance duties and functions
of Financial Conglomeration Members are aligned
with prevailing regulations, including through the
following activities:
a. Dissemination of SMBC Group regulations to
Financial Conglomeration Members;
b. Coordination through bi-monthly meetings
with Financial Conglomeration Members
regarding Integrated Compliance matters.
2. Ensuring that the integrated compliance risk
management implemented by Financial
Conglomeration Members is conducted in accordance
with the Prudential Principle and applicable
regulations, including the identification of potential
future compliance risks and the implementation of
appropriate risk mitigation measures.
The Integrated Compliance Unit formulates programs,
facilitates, and ensures the implementation of a series
of Integrated Compliance Programs by Financial
Conglomeration Members, in order to foster an
integrated compliance culture within the SMBC Financial
Conglomeration and ensure alignment as part of the
SMBC Group.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 389
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Good Corporate Governance
Integrated Compliance Function
SUPERVISION BY THE BOARD OF INTEGRATED COMPLIANCE
DIRECTORS AND THE BOARD OF IMPLEMENTATION STRATEGY
COMMISSIONERS
The strategy for implementing Integrated Compliance
The Board of Directors and the Board of Commissioners is designed to enable PIKK to carry out its supervisory
continuously exercise active oversight over the and evaluative functions over SMBC Financial
implementation of the Integrated Compliance Function, Conglomeration Members. The strategy is implemented
including through the following activities: through periodic meetings, the establishment of
1. Submission of reports on the implementation integrated compliance programs to be executed by
of duties and responsibilities of the Integrated SMBC Financial Conglomeration Members, and the
Compliance Unit to the Compliance Director of the determination of KPIs for Financial Conglomeration
Financial Conglomeration Holding Company (PIKK) Members to ensure the effective implementation of a
on a semi-annual basis. compliance culture.
2. Submission of reports on the implementation of
duties and responsibilities of the PIKK Compliance
Director to the Board of Directors and the Board of INTEGRATED COMPLIANCE SOCIALIZATION
Commissioners of PIKK on a semi-annual basis.
Both reports form part of the Integrated Dissemination activities in the area of Integrated
Governance Self-Assessment, which is submitted to Compliance include the dissemination of SMBC Group
the Financial Services Authority (OJK) on a semi- regulations, dissemination of regulatory provisions
annual basis in the context of implementing POJK related to SMBC Financial Conglomeration Members
18/POJK.03/2014 concerning the Implementation that require oversight by PIKK, as well as dissemination
of Integrated Governance for Financial by PIKK of regulatory provisions related to PIKK that
Conglomerations. have an impact on SMBC Financial Conglomeration
3. Submission of reports on the results of the Members.
Integrated Compliance Risk assessment, covering
inherent risk and the quality of the implementation
of integrated compliance risk management, on a INTEGRATED COMPLIANCE INITIATIVES IN
semi-annual basis. 2025
Reporting on the results of Compliance Risk monitoring, Throughout 2025, the Bank implemented several
including the management of Integrated Compliance initiatives related to Integrated Compliance, including:
Risk, constitutes one of the agenda items discussed in 1. Establishment of the Compliance Risk Appetite
meetings of the Integrated Governance Committee with Framework.
PIKK and Financial Conglomeration members that carry 2. Implementation of Compliance Induction for new
out duties and responsibilities in the areas of Integrated staff and Annual/Refreshment Compliance Training
Risk Management and Integrated Governance (including (including Anti-Bribery and Corruption (ABC) as well
Integrated Audit and Integrated Compliance), (on a as Entertainment & Gift (E&G) aspects).
semi-annual basis). 3. Completion of Compliance Declarations by the
Board of Directors and all employees.
4. Implementation of Conduct & Culture programs.
FOCUS OF THE INTEGRATED COMPLIANCE 5. Development of the Compliance Self-Assessment
FUNCTION IN 2025 (CSA) framework.
6. Organization of Townhall sessions to enhance
In July 2025, Bank SMBC Indonesia was designated Compliance Awareness.
by OJK as the Financial Conglomeration Holding
Company (PIKK) for the SMBC Financial Conglomeration.
Throughout 2025, the Integrated Compliance Function
of the SMBC Financial Conglomeration focused on the
alignment of policies and procedures of Bank SMBC
Indonesia with those of Financial Conglomeration
Members, in order to enhance and harmonize the
implementation of a compliance culture across the
SMBC Financial Conglomeration.
390 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 393
Internal
Fraud
In July 2025, the Bank established the AFC (Anti- IMPLEMENTATION OF ANTI-FRAUD
Financial Crime) Division under the Compliance & Legal STRATEGY
Directorate. The establishment of this division aims
to strengthen broader risk management relating to Fraud risk control is carried out systematically through
financial crimes in order to minimize potential losses to the implementation of an anti-fraud strategy embodied
both customers and the Bank. in the following 4 (four) pillars:
1. Prevention
Currently, the AFC Division focuses on fraud risk Anti-fraud prevention programs aimed at reducing
management. Going forward, it will coordinate with the potential occurrence of fraud include, at a
relevant divisions in managing financial crime risks, minimum:
including fraud, anti-money laundering and counter- • Signing of the Anti-Fraud Integrity Pact and
terrorism financing, green financial crimes, anti-bribery Code of Conduct;
and corruption, conduct risk, insider trading, cybercrime, • Anti-Fraud Awareness training (hybrid and
tax evasion, and market manipulation. e-learning formats) for all employees,
the Board of Directors, and the Board of
Commissioners, as well as periodic training for
FOUNDATION FOR FRAUD PREVENTION vendors/partners cooperating with the Bank;
• Periodic updates of policies and procedures
SMBC Indonesia adopts a zero-tolerance policy related to the management of the anti-fraud
toward any occurrence of fraud. Accordingly, the Bank strategy;
consistently follows up on every allegation or incident of • The Operational Risk Management (ORM)
fraud, including imposing sanctions on employees who Division conducting operational risk
are proven to have committed or been involved in fraud, assessments, including fraud risk, for all
in accordance with applicable regulations, and reporting products, processes, systems, and initiatives,
to the relevant authorities where necessary. both new and enhancements thereof, and
coordinating with the AFC Division to identify
The Bank is also committed to preventing all forms of specific fraud-related risks;
fraud and promptly taking follow-up actions to minimize • Conducting anti-fraud awareness training;
potential losses to customers and/or the Bank, including • Including clauses in cooperation agreements
managing the Bank’s reputation in the event of negative and periodically sending notification letters
publicity that may undermine public trust in the Bank. to vendors and partners requiring them to
report through the whistleblowing channel if
The Bank requires all employees to act with honesty, any indication/incident of fraud is identified.
integrity, and a high level of professionalism, and to This aims to ensure that vendors and partners
actively participate in protecting and safeguarding actively support the Bank in maintaining
the Bank’s assets, customer funds, and stakeholders’ good corporate governance, particularly in
interests by complying with all internal policies and the effective implementation of fraud risk
applicable laws and regulations. management;
• Collaborating with business lines to educate
customers on vigilance against fraud threats
through social media, e-posters, and other
media;
• In order to follow up and resolve reported fraud
incidents through comprehensive investigation
processes, the Bank engages third parties
appointed as Subject Matter Experts (SME)/
Investigator consultants.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 391
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Good Corporate Governance
Internal Fraud
2. Detection The AFC Division reports on the implementation of the
Programs and tools to detect fraud incidents anti-fraud strategy to the Risk Management Committee
include, at a minimum, whistleblowing mechanisms, (RMC) and/or the Non-Financial Risk Committee (NFRC)
surprise audits, and surveillance systems. at the Board of Directors level, as well as to the Audit
Committee and Risk Monitoring Committee (RMONC) at
3. Investigation the Board of Commissioners level. In addition, the AFC
Investigation, reporting, and sanction processes for Division submits reports on the implementation of the
fraud incidents include, at a minimum, investigation anti-fraud strategy to the Regulators (BI/OJK/LPS) in
standards, reporting mechanisms, and sanction accordance with applicable regulations.
imposition mechanisms.
4. Monitoring, Evaluation, and Follow-Up IMPLEMENTATION AT THE BANK
Monitoring, evaluating, and overseeing the
completion of follow-up actions on fraud incidents The following are the number of Internal Fraud incidents
are carried out by the AFC Division in coordination with significant impact that have been reported to
with all relevant work units. OJK based on the criteria set out in SMBC Indonesia’s
provisions.
Number of cases conducted by
Non-Permanent
Internal Fraud in One Year Management Permanent Employee
Employee
2025 2024 2025 2024 2025 2024
Resolved - - - 1 - -
In process of settlement internally in the Bank - - - - - -
Not yet processed for settlement - - - - - -
Followed-up further through legal process - - - 1 - -
Total Fraud - - - 1 - -
392 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 395
Anti-Money Laundering, Antimoney
Laundering, Counterterrorist Financing, and
Counter- Proliferation Financing of
Weapons of Mass Destruction (AML CFT
and CPF)
SMBC Indonesia developed the AML/CFT CPF program SPECIAL WORK UNITS OF AML, CFT, AND
as an effort to prevent the risk of becoming a means of CPF
Money Laundering (ML), Terrorist Financing (TPPT), and
Financing Proliferation of Weapons of Mass Destruction The Anti-Money Laundering/Combating Financing of
(PPSPM). The implementation of the AML/CFT CPF Terrorism (AML CFT) Division is designated as the Special
program refers to a number of regulations, among Working Unit responsible for the implementation of
others: AML, CFT, and CPF programs in SMBC Indonesia. The
1. Law No. 8 of 2010 on the Prevention and AML Division is independent and structurally responsible
Eradication of Money Laundering Crime; directly responsible to the director in charge of the
2. Law No. 9 of 2013 on the Prevention and compliance function (Compliance Director).
Eradication of the Crime of Financing Terrorism;
3. OJK Regulation No. 8 of 2023 on the The AML CFT Division conducts continuous monitoring
Implementation of Anti-Money Laundering and testing of the Bank’s compliance with all AML,
Program, Prevention of Financing of Terrorism, and CFT, and CPF programs, as well as reporting to inform
Counter-Proliferation Financing of Weapons of Mass management on the quality of AML, CFT, and CPF
Destruction in the Financial Services Sector; programs implementation. The AML CFT Division also
4. OJK Circular Letter related to the Implementation receives support from AML staff representatives (AML
of AML/CFT Program in the Banking and Capital Compliance Champion/ACC) assigned in six regions
Market Sectors; and to facilitate supervision of AML, CFT, and CPF program
5. Best practices applicable to the global SMBC group. implementation in branch offices throughout Indonesia.
Organizational Structure of the AML CFT Division
Compliance Director
AML & CFT Division Head
AML CFT Transaction AML CFT
AML CFT Due Diligence AML CFT Technology
Monitoring & Reporting Risk Monitoring
SOCIALIZATION OF AML, CFT, AND CPF PROGRAMS
The implementation of AML, CFT, and CPF programs requires a mutual commitment with all stakeholders, from the
employee level to the managerial level. Therefore, SMBC Indonesia continues to socialize AML, CFT, and CPF programs
periodically to all employees, as well as dynamically to certain work units in the form of relevant specific materials.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 393
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Good Corporate Governance
Anti-Money Laundering, Antimoney Laundering, Counterterrorist Financing, and
Counter- Proliferation Financing of Weapons of Mass Destruction (AML CFT and CPF)
These efforts continue to be carried out on an ongoing Independent inspection is conducted by the Quality
basis within the Bank to enhance the culture of Assurance Team (Directorate of Operations) and the
compliance at all levels of the Bank’s organization. In AML CFT Division as the second line of defense. The
addition, to increase awareness of the risk impact of Quality Assurance Team ensures the process quality
Money Laundering (ML), Terrorist Financing (TPPT), and in all branch offices, including AML, CFT, and CPF
Proliferation Financing of Weapons of Mass Destruction processes. The AML CFT Division regularly assesses
(PPSPM) on the Bank’s business activities. the implementation of AML, CFT, and CPF policies
as well as the risk development of ML, TF, and PF.
The AML Division also consults and reviews AML,
IMPLEMENTATION OF AML, CFT, AND CPF CFT, and CPF risks on the development of products,
PROGRAMS IN 2025 services, distribution mechanisms, and technology
available in the Bank. Internal audit, as the third line
As part of implementing comprehensive risk of defense, inspects the implementation quality
management and supporting the integrity of the of the Bank’s AML, CFT, and CPF programs as
implementation of corporate governance principles, conducted by the first and second lines.
throughout 2025, the Bank implemented AML, CFT, and
CPF programs, among others: 4. Management Information System
1. Active Supervision of the Board of Directors and The Bank has an adequate management
Board of Commissioners information system to support AML/CFT and CPF
The implementation of AML, CFT, and CPF programs, including systems used for customer
programs is regularly informed to the Board of identification and screening, customer risk profile
Directors and Board of Commissioners in regular assessment, monitoring of customer data updates,
meetings of the Board of Directors and Board customer transaction monitoring, and reporting
of Commissioners, as well as through periodic/ systems to all stakeholders.
ad hoc reports. On these occasions, the Board of
Directors and Board of Commissioners provide The Bank has developed several systems to
views and recommendations regarding steps that support the AML/CFT CPF program so that it can
can be taken by the AML CFT Division to improve run more optimally and effectively. A review of
governance and fulfilment of the Bank’s AML, CFT, the transaction monitoring alert scenario was
and CPF programs. completed in 2025 to ensure the effectiveness of
the system against the evolving working method
2. Policies and Procedures of ML, TF, and PF. Periodic testing is also scheduled
The Bank conduct periodically reviewed to improve to assess the reliability and effectiveness of the
the Bank’s AML CFT CPF policies and procedures, Bank’s AML, CFT, and CPF program implementation
both at the bank wide level and for the Work Units support system.
in the AML CFT Division. The Bank also synergizes
with its subsidiaries to align the preparation of AML 5. Human Resources and Training
CFT CPF program governance and supervise its AML Division periodically monitors, analyses, and
implementation. recommends the need for training as well as the
development of training materials for AML, CFT,
3. Internal Control and CPF Programs for the Bank’s employees. AML,
To ensure an effective internal control system, CFT, and CPF program training is mandatory for
the Bank determines the limits of authority completion every year by existing employees, as
and responsibility of work units related to the well as for employees in the orientation stage.
implementation of the AML, CFT, and CPF programs
and carries out independent audits to ensure Working together with the Human Resource
the effectiveness of the implementation of the Division, the AML Division monitors the fulfilment
programs. Business Units and branch offices act as of continuous related training that is mandatory
the front line/first line of defense in implementing for new and existing employees. The Bank also
the Bank’s business activities by continuing to conducts pre-employment screening procedures
comply with the Bank’s AML, CFT, and CPF policies and monitors each employee’s profile (know your
and procedures. employee), to mitigate ML, TF, and PF risks that
involve the Bank’s internal parties.
394 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 397
The Bank also plays an active role in supporting the media, coordinating with Kominfo against websites
initiatives of regulators and related authorities in identified as online gambling, and declaring an anti-
mitigating the risks of ML, TF, and PF in Indonesia, online gambling education integrity pact.
among others: c) Sending an appeal to Customers of Property
a) Following up on written requests from authorities to Companies/Agents and Motor Vehicle Traders
block or close accounts identified as related to ML, to carry out goAML registration obligations in
TF, and PF. accordance with PPATK requests based on the
b) Following up on a series of initiatives from mandate of Law No. 8 of 2010 concerning the
regulators related to the eradication of accounts Prevention and Eradication of Money Laundering
related to the phenomenon of online gambling, Crimes.
delivering anti-online gambling education content d) Participating in the Financial Integrity Rating on
through internal and external communication Money Laundering/Terrorism Financing (FIR on ML/
TF) conducted by PPATK in 2025.
Provision of Funds for
Social and Political Activities
SMBC Indonesia is not involved in political activities and does not extend donations for political purposes. On the
contrary, the Bank can continually maintain its business performance by carrying out its social calling.
Transparency of The Bank’s Financial and
Non-Financial Conditions
With reference to the Financial Services Authority Subject of Transparency Publication
Regulation No. 55/POJK.03/2016 on the Implementation Monthly Financial Report to Regulator Website
of Corporate Governance in Commercial Banks, SMBC Quarterly Financial Report to Regulator Print media, websites,
Indonesia has complied with the obligation concerning and other information
channels
the transparency of the financial and non-financial
conditions. The disclosure mechanism is carried out Annual Report to regulators, rating Websites and other
institutions, shareholders, and other information channels
through various communication channels, from uploading related parties
on SMBC Indonesia’s sites to direct disclosure to the Information Governance Website
regulators and related parties.
Information on the Bank’s Products and Website
Services including office network
In addition, transparency is also noted through Announcement of GMS Implementation Websites and other
publications in the national media. Following is the list, information channels
among others, of details of transparency in financial and Other information related to information Websites and other
non-financial areas: disclosure information channels
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 395
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Good Corporate Governance
Share Buyback or
Subordinated Bond
The shares and bond buybacks are efforts to reduce During 2025, SMBC Indonesia did not conduct any
the number of issued shares or bonds. The payment share buy back and bond buy back.
procedure is carried out in accordance with applicable
regulations.
Provision of Funds to Related Parties and
Large Exposure
Provision of funds to Related Parties is carried out in accordance with applicable provisions and must obtain the Board
of Commissioners’ approval. The following table shows the provision of funds to related parties and large exposures as
of December 31, 2025.
Realization of Provision of Funds to Third Parties and Large Exposure
Total
Provision of Funds
Debtors Nominal (Rp Million)
1. To Related Parties 13 8,005,294
2. To Main Debtor 25 77,485,071.30
Individual 1 1,000,000.00
Group 24 76,485,071.30
396 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 399
External
Audit
POLICY The total cost incurred for the audit of the Consolidated
Financial Statements in 2025 was Rp9,200 million
SMBC Indonesia appoints Public Accountants (AP) and before OPE (out-of-pocket expense) and 11% VAT.
Public Accounting Firms (KAP) registered with Bank
Indonesia and the Financial Services Authority for the The Public Accountant and KAP completed their
preparation of audited financial statements each year. duties independently in accordance with the standard
For the 2025 financial year, KAP Siddharta Widjaja & guidelines of the public accounting profession and in
Rekan (a member firm of KPMG International Limited) accordance with the specified work requirements and
was appointed. The appointment was approved by audit scope.
the Annual GMS on 22 April 2025, based on the Audit
Committee’s recommendation through the Board of
Commissioners.
Public Accounting Firms as Audit Executor of SMBC Indonesia’s Financial Statements
Audited Fiscal Fee
Public Accounting Firm Accountant in Charge Services Provided
year (Rp Million)
2025 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Annual Financial Statements 9,200
2024 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Annual Financial Statements 9,580
2023 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Annual and Interim Financial 15,900
Statements
2022 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Financial Statements 8,553
2021 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial Statements 8,351
OTHER NON-FINANCIAL AUDIT SERVICES
SMBC Indonesia appointed KAP Siddharta Widjaja & Rekan which is registered with Bank Indonesia and the Financial
Services Authority for several Other Non-Financial Audit Services.
Other Non-Financial Audit Services provided during 2025 are as follows:
• Services on Agreed-Upon Procedures (AUP) in the Context of Fulfillment of Custodian Bank Regulations
The total fee for the Non-Financial Audit Services assignment was Rp85 million before OPE (out-of-pocket expense)
and 11% VAT.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 397
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Good Corporate Governance
Internal
Audit
The Internal Audit retains the vision to become the management’s strategic partner in supporting the Bank’s growth to
attain the organization’s set goals. In carrying out its duties, the Internal Audit has 2 (two) functions.
The first is the assurance function, where the Internal Audit evaluates the governance process, risk management, and
effectiveness of the internal control on all aspects of the Bank’s activities through the risk-based approach.
Second, the consultative function, where the Internal Audit provides feedback on internal control to other directorates,
such as by extending recommendations or suggestions for improvements in various audits conducted, feedback on
policy or procedure drafts, feedback on the Bank’s main initiatives, and others.
PROFILE
Appointed by the President Director with the Board of
Commissioners’ approval since 1 June 2024, through
Decree No. PS/BOC/025/V/2024 dated 22 May 2024,
Basis of concerning the Approval of the Board of Commissioners
Appointment related to the Replacement of the Head of Internal Audit
of PT Bank SMBC Indonesia Tbk.
• 1994-1995 Edith Cowan University, Western
Australia - Master of Business Administration.
• 1989-1993 Universitas Tarumanegara, Jakarta -
Educational Bachelor of Economic majoring in accountancy.
Background
PT Bank Permata Tbk August 2017-May 2024
• January 2023–May 2024
Chief of Internal Audit
Work • August 2017-December 2022
Experience Executive Vice President – Division Head of Internal
Audit
Citibank Indonesia
• September 2015-August 2017
Senior Vice President – Country Head of Operational
Anke Subandy Risk Management
Head of Internal Audit PT Bank CIMB Niaga Indonesia March 2012-August
2015
• January 2014-August 2015
Nationality Senior Vice President Internal Audit - Deputy Chief
Indonesian Audit Executive To assist CAE in overall responsibility
as Head of Internal Audit CIMB Niaga. Oversight Audit
Domicile Groups:
Jakarta • March 2012-December 2013
Senior Vice President Internal Audit – Credit Audit
Age Group Head Responsible for all audits on products,
54 years operations and supports related to the following:
old at the end of the 2025 financial
year The Hong Kong and Shanghai Banking Corporation -
Jakarta July 2005-March 2012
• December 2009-March 2012
Senior Vice President Internal Audit
• November 2007-November 2009
Vice President Operational Risk and Controls
• Juni 2007-October 2007
Assistant Vice President Management Internal
Control
• July 2005-June 2007
Management Internal Control Manager
398 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 401
ABN AMRO BANK NV. Indonesia
• April 2004-July 2005
Internal Audit Manager
Work
Experience The Hong Kong and Shanghai Banking Corporation – Jakarta
• March 2001-March 2002
Credit Audit Manager
Bank Credit Lyonnais Indonesia – Jakarta June 1996 - April 2001
• August 1998-April 2001
Internal Auditor
• June 1997-July 1998
Assistant Manager Corporate Banking
• June 1996-May 1997
Management Trainee
• Certified Internal Auditor (CIA)
• Certified Data Protection Officer (CDPO)
• Sistem Manajemen Anti Penyuapan (SMAP)
Certification • SNI ISO 37001:2016
• Certified Teal Agilist (CTA)
• Certified Associate Scrum Master (CASM)
No affiliation with the Board of Directors, Board of Commissioners, and
Controlling Shareholders.
Affiliation
APPOINTMENT AND DISMISSAL
The Head of Internal Audit is appointed and dismissed by the President Director with the approval of the Board
of Commissioners, taking into consideration the recommendation of the Audit Committee. The appointment and
dismissal of the Head of Internal Audit are reported to the Financial Services Authority (OJK)
ORGANIZATION AND POSITION OF THE INTERNAL AUDIT IN THE COMPANY’S STRUCTURE
The Internal Audit is an independent directorate that reports directly to the President Director and functionally to the
Board of Commissioners through the Audit Committee. Until the 2025 financial year, the organizational structure of
Internal Audit is as illustrated below:
President Director
Head of Internal Audit
Wealth
Professional
IT, Digital Banking & Management & Executive Secretary
Operations Audit Credit Audit Practices &
Analytics Audit Corporate to Head of Internal
Head Head Integrated Internal
Head Functions Audit Audit
Audit Head
Head
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 399
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Good Corporate Governance
Internal Audit
DUTIES AND RESPONSIBILITIES 8. Monitoring and reporting the progress of the
implementation of the audit results follow-up to the
The Internal Audit reports all results of the audit President Director, Board of Commissioners, Audit
implementation, including recommendations for Committee, and Board of Directors.
improvement to the President Director, the Audit 9. Ensuring that the Bank’s Internal Audit function
Committee, and the Board of Commissioners, with a and monitoring of the Internal Audit Function in
copy to the Director of Compliance. Periodically, the subsidiaries are effectively running.
Internal Audit presents the audit results to the Board of 10. Working together with other internal control
Directors and the Audit Committee, as well as provides functions, including the external audit to achieve
a summary of the audit results to the President Director, comprehensive audit results.
the Board of Directors, and the Audit Committee. 11. Preparing and reviewing the Internal Audit charter,
policies, and procedures periodically.
Each year, the Internal Audit also prepares the risk- 12. In relation to Integrated Governance and the Bank’s
based Annual Audit Plan related to the Bank’s main role as the Operational Financial Conglomeration
activities. The Audit Plan is also discussed together with Holding Company (PIKK) of the SMBC Financial
the related Director and Internal Audit Department of Conglomeration, the implementation of the
Sumitomo Mitsui Banking Corporation (SMBC IADAP) in Integrated Internal Audit (IA) function carried out by
connection with the audit collaboration plan to align with IA includes the following duties and responsibilities,
the directives of the overall business development and but is not limited to the following:
to obtain the approval from the President Director, the • Monitoring the implementation of the
Audit Committee and the Board of Commissioners. Internal Audit (IA) function across all Financial
Conglomeration Members
Details of the general duties and responsibilities of the • Preparing and submitting reports on the
Internal Audit are as follows: implementation of the Integrated Internal Audit
1. Preparing a risk-based annual audit plan and (IA) function to the President Director, the Board
obtain a review and approval from the President of Commissioners, and the PIKK Compliance
Director, the Audit Committee, and the Board of Director.
Commissioners.
2. Communicating the plan to the President Director
and the Audit Committee if there are limited INTERNAL AUDIT CHARTER
resources that might affect the annual audit plan.
3. Reviewing and adjusting the annual audit plan if The Internal Audit function is mandated by the Board of
there are significant changes in the business, risk, Commissioners (Board) which defines the Internal Audit
operation, program, system, and control. Such function’s authority, roles, and responsibilities and is
changes must acquire the approval of the President documented in the Internal Audit Charter. This mandate
Director, the Audit Committee, and the Board of empowers the Internal Audit function to provide
Commissioners. assurance, advice, insight, and objective foresight to the
4. Implementing the approved annual audit plan Board of Commissioners (through the Audit Committee)
by analyzing and evaluating the effectiveness of and Management.
Governance, Risk Management, and Internal Control
(GRC) to maximally support the Bank’s objectives The Internal Audit function carries out its mandate by
and goals. applying a systematic and disciplined approach to
5. Performing consultative audits/reviews of the evaluate and improve the effectiveness of governance,
Bank’s new initiatives/products if required by both risk management, and control processes throughout the
the management as well as regulators. organization. This Internal Audit Charter is approved by
6. Identifying possibilities for improvement and the President Director, Audit Committee, and Board of
increasing the efficiency in the use of resources. Commissioners
7. Periodically submitting audit reports to the
President Director and the Board of Commissioners The preparation of the Internal Audit Charter refers
through the Audit Committee, containing an to the Financial Services Authority Regulation No. 1/
overview of the audit activities results, with a copy POJK.03/2019 concerning the Implementation of the
to the Director of Compliance. Internal Audit Function in Commercial Banks and the
Internal Audit professional standards issued by The
400 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 403
Institute Internal Audit (the IIA). Periodically, Internal Participation in Professional Association
Audit reviewed and aligned the Charter, as well as its In order to broaden auditors’ insights and professional
derivative documents such as Internal Audit policies and competencies as well as to facilitate the sharing of
procedures in accordance with applicable provisions and best practices, Internal Audit enrols its auditors in
standards. various professional associations, including the Institute
of Internal Auditors (IIA) – Indonesia Chapter, the
Information Systems Audit and Control Association
HUMAN RESOURCES (ISACA), and the Ikatan Auditor Intern Bank (IAIB).
Until the end of the 2025 financial year, the number of Internal Audit also actively participates in the
Internal Audit human resources was 70 people. organizational structure of IAIB. Based on the National
Congress held on 5 December 2023, the Head of SKAI
Total Human of SMBC Indonesia was elected as Secretary General
Directorate/Division
Resources of IAIB, and the Head of the Professional Practices and
Head of Internal Audit 1 Integrated Internal Audit (PPIIA) Division was elected as
Secretary to Head of Internal Audit 1 Treasurer of IAIB for the 2023–2026 term.
Credit Audit 13
IT, Digital Banking and Data Analytics Audit 18
Operations Audit 17
IMPLEMENTATION OF ACTIVITIES IN 2025
Wealth Management and Corporate 14
Functions Audit As the third line of defence within the Bank’s internal
Professional Practices and Integrated Internal 6
control framework, Internal Audit (IA) performs its duties
Audit through assurance and advisory engagements. As of
Total 70 31 December 2025, IA has completed 27 assurance
engagements (100%) and 1 (one) advisory engagement.
A review of the conformity of IA practices was
QUALIFICATION AND CERTIFICATION conducted in 2025 by the Public Accounting Firm Rintis,
Jumadi, Rianto & Rekan, with the result of “Generally
Ownership of Professional Certification Conforms” with POJK and IIA Standards.
Total Employee
Professional Certification
with Certificate
CIA (Certified Internal Auditor) 3
CISA (Certified Information Systems Auditor) 4
CGEIT (Certified in the Governance of 1
Enterprise IT)
CRISC (Certified in Risk & Information System 1
Control)
CSX (Cyber Security Nexus) 1
ITIL (Information Technology Infrastructure 1
Library)
CTA (Certified Teal Agilist) 1
GRCP&A (Certified GRC Professional & Audit) 1
ISC (International Cyber Security) 3
ISO 27001: 2013 1
CFIP (Certified Fraud Investigator 1
Professional)
Scrum Master 2
QIA (Qualified Internal Auditor) 8
CBIA (Certified Bank Internal Audit) 18
IIAP (Indonesia Internal Audit Practitioner) 1
CDPO (Certified Data Protection Officer) 3
SMR (Risk Management Certification) 69
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 401
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Good Corporate Governance
Internal Audit
TRAINING AND COMPETENCY 2026 STRATEGIC PLAN
DEVELOPMENT
The Internal Audit Annual Work Plan is prepared with
Throughout 2025, all Internal Audit staff successfully due consideration of SMBC Indonesia’s strategy and
completed the mandatory training programs required business plan for 2026. The Internal Audit Annual
by the Bank. These mandatory trainings were Work Plan adopts a risk-based audit approach, with
conducted through e-learning platforms. supervisory focus covering all of the Bank’s operational
activities.
In addition, to further enhance the competencies of all
Internal Audit staff, regular internal training sessions and In accordance with POJK No. 01/POJK.03/2019
knowledge-sharing activities were conducted, including concerning the Implementation of the Internal Audit
topics such as the Global Internal Audit Standards (GIAS), Function in Commercial Banks, which has been
the Implementation of Internal Control over Financial effective since 2019, the Head of Internal Audit ensures
Reporting (ICoFR), and Personal Data Protection (PDP). that the Internal Audit Annual Work Plan is properly
The competency development programs attended by planned, implemented, supervised, and monitored, and
Internal Audit throughout 2025 included training on the subsequently reported periodically to the President
following topics: Director, the Board of Commissioners, and the Audit
1. Technology and Data Analysis Committee. To realize its work plan, Internal Audit will
• ISO/IEC 27001:2022 Awareness continue to enhance auditors’ competencies through
• Leading Digital Transformation with AI training, process development by strengthening
• Data-Driven Analytical Thinking continuous auditing practices, and leveraging
technology through the use of an audit management
2. Business and Operational system for the end-to-end audit engagement process.
• Multi-Finance Audit
• Anti-Fraud Management In 2026, Internal Audit will carry out assurance and
• Trade Finance advisory audit engagements in accordance with the
• Corporate Business established annual audit plan.
• Syariah Banking
3. Soft Skill
• Communicate with Impact
• Building Confidence through Professional
Grooming & Business Etiquette
• Lean Six Sigma White Belt
• Leadership
402 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 405
Internal Control
System
The implementation of the Internal Control System IMPLEMENTATION OF INTERNAL CONTROL
(SPI) within SMBC Indonesia represents a form of
continuous oversight by the Bank’s management. The Finance
system is designed to ensure that all of the Bank’s Providing the Bank’s reliable financial reports is guided
business activities are conducted in compliance with by an effective internal control system. The adequacy of
applicable laws and regulations, whether issued by the accounting policies, procedures, and standards that can
Government, the Financial Services Authority (OJK), or reflect current actual conditions, including distribution of
under the Bank’s internal policies and procedures. duties, recording, and administration of transactions, are
control factors that can support the realization of reliable
The internal control system also plays a role in providing and trustworthy financial reports.
complete, accurate, effective, and timely financial and
management information. This is carried out in the Operations
context of the following: The Board of Directors and the Board of Commissioners
1. To support accurate and accountable decision are obligated to improve the effectiveness of risk
making; culture and discipline within the Bank’s organization
2. To increase the effectiveness and efficiency of and ensure that such matter is embedded in all levels.
the use of assets and other resources in other to Thus, this encourages the creation of sound and safe
protect the Bank from risk of loss; implementation of operational activities.
3. To increase the effectiveness of the risk culture
and discipline throughout the Bank’s organization
in general to identify weaknesses and assess COMPLIANCE WITH THE LAW
deviations as early as possible; and
4. To reassess the fairness of policies and procedures The internal control system implemented by the Bank
that exist in the Bank on continuous basis. refers to the Financial Services Authority (SEOJK)
Circular Letter No. 35/SEOJK.03/2017 on the Standard
The implementation of a reliable and effective internal Guidelines for Internal Control System in Commercial
control system is the responsibility of all parties involved Banks. Aside from serving as guidelines in financial and
within the Bank’s organization, including the following: operational control, implementing the Bank’s internal
1. The Board of Commissioners control also aims to maintain compliance with laws and
2. The Board of Directors regulations.
3. The Audit Committee
4. Risk Management Committee
5. Non-Financial Risk Management Committee
6. Risk Monitoring Committee
7. Fraud Committee
8. Compliance Unit
9. Risk Management Work Unit
10. Financial Work Unit
11. Internal Audit Work Unit
12. The Bank’s Officers and Employees
13. External Parties
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 403
Page 406
Good Corporate Governance
Internal Control System
BOARD OF COMMISSIONERS STATEMENT BOARD OF DIRECTORS STATEMENT
ON THE ADEQUACY OF THE INTERNAL ON THE ADEQUACY OF INTERNAL
CONTROL SYSTEM CONTROL SYSTEM OF BANK’S FINANCIAL
INFORMATION AND FINANCIAL REPORT
The Board of Commissioners continuously monitors
and provides advice to the Board of Directors in Board of Directors continuously monitors the
efforts to improve the implementation of the internal implementation of internal controls over the Bank’s
control system. Based on the discussion of reports financial information and financial report. Based on
submitted by the Board of Directors through the Risk monitoring results, Board of Directors viewed that Bank
Monitoring Committee and the Audit Committee, the has a sound and effective internal control process for
Board of Commissioners assesses that the internal financial information and financial report. Bank has
control system in SMBC Indonesia (“Bank”) is operating policy and procedure for internal control over financial
effectively and satisfactorily in accordance with the information and financial report in accordance with
provisions of Financial Services Authority Circular the provisions of the Financial Services Authority
Letter Number 36/SEOJK.03/2017 concerning the and applicable Financial Accounting Standards. This
Implementation of Internal Control System Standards ensures that the preparation and presentation of Bank’s
for Commercial Banks and the Internal Control financial report is not indicated to contain any material
Framework issued by the Committee of Sponsoring information or facts that are intentionally incorrect and is
Organizations of the Treadway Commission (COSO). free from material misstatements.
INTERNAL CONTROL REPORT ON BANK’S
FINANCIAL INFORMATION AND FINANCIAL
REPORT
Bank is committed to complying with the provisions of
Financial Services Authority Regulation No. 15 of 2024
concerning the Integrity of Bank Financial Reporting. In
this regard, Bank has:
• Established Internal Control policy and procedure
for Financial Information and/or Financial Report,
with objective to ensure that Bank’s financial
information and financial report are prepared and
presented based on correctness, accuracy, and
transparency, and ensured that the financial reports
are prepared in accordance with applicable Financial
Accounting Standards and Financial Services
Authority regulations regarding the recording of
financial transactions.
• Established a Special Work Unit (UKK) responsible
for ensuring the effective implementation of
internal control policies and procedures for Bank’s
financial information and financial report.
404 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 407
Important Cases Faced By Subsidiaries,
Members of The Board of Commissioners,
and Members of The Board of Directors
COMPANY BOARD OF COMMISSIONERS AND BOARD
OF DIRECTORS
During 2025, there were no material legal cases
that could have affected SMBC Indonesia’s financial All members of the Board of Commissioners and the
statements or liquidity. Board of Directors of SMBC Indonesia currently in office
have never been involved in any civil and/or criminal
case and/or dispute, including any other material legal
SUBSIDIARY matters.
During 2025, there were no material legal cases that
could have affected the financial statements or liquidity IMPACT OF LEGAL ISSUES FOR BANKS
of SMBC Indonesia’s subsidiaries. AND SUBSIDIARIES
All legal issues faced in 2025 do not materially affect
the status, position, and continuity of business activities
of SMBC Indonesia and its Subsidiaries.
Administrative
Sanctions
During 2025, the sanctions imposed are presented in the table below:
No. Sanction Recipient Authority Sanctions/Fines
1 Company 1. Financial Services Authority (OJK) Rp83,120,000
2. Bank Indonesia (BI) Rp127,400,000
3. Ministry of Finance Rp1,300,000
2 Board of Directors - -
3 Board of Commissioners - -
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 405
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Good Corporate Governance
Access to Corporate
Information and Data
SMBC Indonesia provides access and convenience to access information regarding the Bank to the stakeholders
through various communication media. Among others are as follows:
Information Channel Address
Website (Bahasa Indonesia and English) www.smbci.com
Call Center 1500365 (SMBC Indonesia Care)
+622180605299/+622124505599 (International Call)
E-mail of Corporate Secretary corporate.secretary@smbci.com
E-mail of Corporate Communication corporate.communications@smbci.com
E-mail of Customer Complaint smbcicare@smbci.com
Disclosure of Information through the Bank’s and Indonesia Stock www.smbci.com dan www.idx.co.id
Exchange’s website
Press Release www.smbci.com dan distribusi melalui media
Social Media Facebook : SMBCI
Twitter : @smbc_indonesia
Youtube : @smbc.indonesia
LinkedIn : PT Bank SMBC Indonesia Tbk
Instagram : @smbc.indonesia
Code
of Ethics
The code of ethics functions as guidelines for members COMMUNICATION LINK & HELP
of the Board of Commissioners, the Board of Directors,
Independent Parties, and all employees in expressing In communicating, all SMBC Indonesia employees are
their attitudes and behaviour. The Bank always reviews expected to use the LInK and HELP principles. LInK
the code of ethics gradually so that it adjusts to stands for Report, Inform and Consult, while HELP stands
development in the laws and regulations, best practices for Respect, Evaluate, Do and Guide. Both have the
in the industry, and relevant external conditions. purpose and benefit of promoting transparency, timely
updates, absence of surprise events that cannot be
The moral principles underlined in the code of ethics are handled together, upholding mutual trust and enhancing
the main elements of the culture in SMBC Indonesia, reliability, benefiting from past wisdom and experience.
which among others, contain the following:
PRINCIPLES OF THE CODE OF ETHICS
SPEAK YOUR MIND
1. Compliance & Risk Management
It is a reporting channel that is safe and guaranteed 2. Conflict of Interests
confidentiality so that employees can disclose issues
related to improper behaviour (misconduct) and/or fraud
incident.
406 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 409
3. Creating Conducive Working Environment ENFORCEMENT OF THE CODE OF ETHICS
3.1 Fair Treatment of All Employees
3.2 Anti-Discrimination and Harassment In line with efforts to implement good corporate
3.3 Safety at Workplace governance and, at the same time, to generate behavior
3.4 Use of Company Facilities that conforms to the Bank’s ethical standards, SMBC
3.5 Activities Outside of the Company Indonesia has implemented an Induction Program for
3.6 Use of social media executives and new employees on the code of ethics.
3.7 LInK and HELP Communication Moreover, periodically, socialization of the code of ethics
3.8 KYE Implementation is carried out to provide understanding for employees
4. Information Management & Security as well as provide strict sanction for any violation of the
5. Relationship with Customers and Stakeholders Code of Ethics.
5.1 Relationship with Customers, Prospective
Customers and Users of Financial Services Statement of the Code of Ethics is
5.2 Relationship with Vendors or Business Partner Applicable to All Levels of the Organization
5.3 Relationship with Regulators Members of the Board of Directors, members of the
5.4 Relationship with Shareholders and Board of Commissioners, Independent Parties under the
Subsidiaries Board of Commissioners, and all employees, without
5.5 Relationship with Social and Environmental exception, are obliged to read, study, and understand
Communities the content of the code of conduct. All internal
5.6 Anti- Money Laundering organizations within the Bank must be willing to adhere
5.7 Bribery and corruption to and implement the code of conduct as best possible.
5.8 Granting and Receipt of Entertainment and
Gift Suppose one is proven to have violated the code of
5.9 Insider Information and Investment conduct. In that case, the concerned must be willing
Transactions and Private Ownership to be subjected to sanctions in accordance with the
5.10 Customer Protection regulations applicable to the Bank.
Socialization and Dissemination of the
Code of Ethics
Socialization of the code of ethics is conducted through
e-mail blasts and means of refreshment through the
e-learning system. This activity applies to all levels of
the Bank’s organization, both newly joined and current
employees.
TYPE OF SANCTION FOR VIOLATIONS OF THE CODE OF ETHICS
Several types of violations regulated in the Collective Labor Agreement are Negligence Indiscipline Violations, Failure
of Competence Violations, Repeated Failure of Competence Violations, Minor Violations, Repeated Violations, General
Major Violations, Major Violations of the Fraud Category.
Number of Violations of the Code of Ethics
Type of Violation Number of Violation Sanction Category
Urgent Violations or Fraud-Related 4 Warning Letter 1
Violations
0 Warning Letter 2
13 First and Last Warning Letter (SPPT)
Disciplinary Violations 485 Reprimand Letter
(Violations due to negligence,
performance-related shortcomings, and 296 Warning Letter 1
other non-fraud violations) 81 Warning Letter 2
46 First and Last Warning Letter and Warning Letter 3
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 407
Page 410
Good Corporate Governance
Price Sensitive Information
Personal Account Dealing
SMBC Indonesia has policies and procedures related to the management of information that has a material impact on
the price or value of a security that is not generally available (confidential/non-public), which applies to the Board of
Commissioners, Board of Directors, and employees.
This treatment covers not only the Bank’s marketable securities but also securities of the parent company or
controlling shareholder, as well as other companies whether they are customers, business partners, or other
companies in a corporate action.
Actions to be taken by the Board of Commissioners, the Board of Directors, and employees with an object-based
approach to securities are as follows:
Type of Securities Approach Taken
Object of Securities containing non-public Actions taken with respect to Private Investment/Property (PAD)
information (PSI)
• SMFG Prohibited from buying and selling SMFG and SMBC securities, except under the
• SMBC Company order
• SMBC Indonesia Taking into account the categories of Covered Parties who have access to non-public
• BTPN Syariah information (Covered Person) and within a certain period (Black Out Period)
Other Companies Carrying out the PSI procedure includes reporting the name of the company as well as
employees who have access, hence being bound by the PSI for a certain period until
the PSI is revoked. Companies involved in a project should have the parties involved
sign an NDA.
Governance in Procurement
of Goods and Services
Procurement of goods and/or services in the Bank is an PROCUREMENT MECHANISM
activity to obtain goods and/or services. The process
starts from planning the needs to completing all Procurement of corporate goods and/or services
activities to obtain the goods and/or services. is centralized at the Head Office. Meanwhile, the
procurement of general goods and/or services with a
certain limit may be conducted by the Branch Office or
PROCUREMENT PRINCIPLE Regional Office.
The applied principles in the procurement of goods and
services are characteristic effective, efficient, open,
transparent, competitive, fair, and accountable.
408 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 411
Reporting
of Violations System
SMBC Indonesia is committed to always maintaining The WBS reporting mechanism generally includes:
the integrity and trust provided by customers. For 1. Reporting by the Whistleblower (submission of
this purpose, the Bank retains the means and system reports/information must be within 1x24 hours
for submitting reports if violations occur, namely the since the discovery of the alleged/act of fraud);
Whistleblowing System (WBS). SMBC Indonesia’s 2. Follow-Up on the Report (Identification, analysis,
Whistleblowing System is a reporting media to convey investigation);
allegations or incidents related to fraudulent acts (fraud), 3. Documentation (Reports on fraud indication, Report
violations of the law, company regulations, and code of on Investigation Results); and
ethics, as well as conflicts of interest committed by the 4. Maintaining confidentiality (all parties are
Bank’s internal parties. responsible for maintaining the confidentiality of the
identity of the whistleblowers).
Reports are made in good faith and are not of personal
grievances or slander to create a clean and transparent
business environment. PROTECTION FOR THE WHISTLEBLOWER
Under certain conditions, the Bank may provide legal
REPORTING MECHANISM protection to the whistleblower as a form of security
and safety against all forms of pressure, threats, or
The Bank has WBS channels that can be accessed by intimidation (such as dismissal, unfair treatment, and
internal and external parties to submit reports as follows: others) in relation to the report submitted through the
• Internal parties: Face to face meeting, telephone, WBS channel. Legal protection can be provided to the
letter, e-mail and WhatsApp messaging application. nuclear family of the whistleblower (husband/wife and
• External parties: Letter, e-mail and WhatsApp children) with certain considerations by the Bank.
messaging application.
COMPLAINT MANAGER
The Anti Financial Crime (AFC) Division is the
responsible unit in charge of managing complaints from
whistleblowers including in following up with related
work units as well as conducting monitoring of the
follow-ups.
TYPE OF SANCTIONS FOR VIOLATORS
Violation of confidentiality and protection will be subject to sanctions that are in accordance with applicable
regulations.
Handling of Fraud-Related Complaints Received through the Whistleblowing System (WBS) and Their Follow-
Up in 2025
Status
Number of Complaint Not Yet Processed with Not Required
Followed-up In Follow-up Process
Follow-up to be Followed
61 56 5 0 0
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 409
Page 412
Good Corporate Governance
Policy on Anti-Corruption
and Bribery
SMBC Indonesia has zero tolerance for corruption and granting and receipt of E&G. Such activities must be
all forms of bribery (including to or from customers, declared and submitted for approval to the relevant
business partners, government officials, employees). authorized officer through the E&G application system.
Violations of such matters may be processed civilly or
criminally in accordance with applicable provisions. The Compliance Division, or other work units
coordinating with the Compliance Division, conducts
periodic reviews of E&G activities recorded in the E&G
PROGRAMS AND PROCEDURES TO application system and reports the results of such
MANAGE/SOLVE PRACTICES OF reviews or monitoring.
CORRUPTION AND-BRIBERY
The Bank has also established a Whistleblowing
The Bank has an Anti-Bribery and Corruption Policy channel managed by the Anti Financial Crime Division
that includes the Bank’s commitment to anti-corruption to receive reports of alleged Fraud, including Corruption
and anti-bribery actions. Furthermore, each work unit and Bribery, and to assess such reports as a follow-up
can establish specific provisions in its procedures to measure for resolution, should the suspected fraud be
prevent Corruption and Bribery actions according to its substantiated.
respective fields of work, including:
1. Management of giving and receiving Entertainment
and or Gifts TRAINING/SOCILAIZATION ON
2. Determination of agreement clauses with third ANTICORRUPTION AND ANTI-BRIBERY
parties/service providers FOR ALL EMPLOYEES
3. Procurement process of goods and services by
vendors The Bank conducted e-learning, directly or indirectly,
4. Employee recruitment process/Know Your which contains materials on how to implement an anti-
Employee corruption and anti-bribery culture to all employees,
5. Implementation of due diligence on Business including:
Partners 1. e-Learning Compliance Awareness dan
6. Fraud prevention in the vulnerability identification/ Entertainment & Gift (E&G)
Fraud Risk Assessment process by the Anti- 2. e-Learning Fraud Awareness
Financial Crime (AFC) Division by coordinating with 3. e-Learning Operational Risk Management
other work units.
The Bank also carried out anti-corruption and
The Bank requested a statement and commitment from antibribery publications/campaigns related to fraud and
all employees not to commit corruption and bribery and the giving and/or receiving of entertainment/gifts. It
not to violate the Company’s internal regulations and was conducted through electronic media (e-mail) to all
applicable laws and regulations related to anticorruption employees as outlined in Patuh Yuk, SMBC Indonesia
and anti-bribery as stated in the Anti-Fraud Declaration Info.
& Integrity Pact and Code of Ethics, and Compliance
Declaration every year. The Bank also implemented communication to increase
understanding of anti-bribery and corruption to the
Bank’s external parties by delivering anti-bribery and
POLICY ON ANTI-CORRUPTION AND corruption reminder letters signed by members of the
BRIBERY Board of Directors to Suppliers and Business Partners
who have been registered with the relevant Division in
To prevent bribery and gratuities, the Bank has the Bank which also contains information regarding the
established an Entertainment & Gift (E&G) Procedure Bank’s Whistleblowing channel.
and an Entertainment & Gift (E&G) application system,
which serves as a monitoring and control tool for the
410 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 413
Insider Information
Prevention Policy
SMBC Indonesia has established guidelines concerning insider trading and insider information policies applicable to the
Board of Directors, the Board of Commissioners, Independent Parties, and employees of the Bank.
These guidelines govern the management of confidential and price-sensitive information (Insider Information/Price
Sensitive Information) relating to corporate customers, companies owned by customers, the Bank, and its subsidiaries.
The procedures also regulate the buying and selling of securities for investment or personal ownership purposes
(personal account dealing).
The Bank imposes a prohibition on insiders from trading SMBC Indonesia shares. With respect to shares of subsidiaries,
certain categories of insiders (Covered Persons) are prohibited from conducting share transactions during specific
periods determined by the Board of Directors (Blackout Period).
SMBC Prohibited
SMBC
Indonesia/
Personal BTPN Syariah/
Covered Person &
Account subsidiaries/ Exception Report
affiliated Black Out Period
Dealing
companies at
SMBC Group
Price Sensitive
Other Company
Information
In principle, the procedures stipulate that:
• Members of the Board of Commissioners, the Board of Directors, Independent Parties, and all employees of the
Bank are prohibited from trading shares or securities of the parent companies, namely SMBC and SMFG.
• Covered Persons are prohibited from trading shares or securities of SMBC Indonesia and BTPN Syariah during the
designated blackout period.
• Members of the Board of Commissioners, the Board of Directors, and all employees of the Bank who receive
insider information/price-sensitive information from customers or prospective customers are prohibited from
trading shares or securities of such customers or prospective customers.
SMBC Indonesia also provides exceptions to insider transactions in accordance with Financial Services Authority (OJK)
Regulation No. 78/POJK.04/2017 concerning Securities Transactions Not Prohibited for Insiders. For the Bank, this
governance policy is established to protect the interests of stakeholders while safeguarding integrity and compliance
with applicable laws and regulations.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 411
Page 414
Good Corporate Governance
Transparency in
Bad Governance Practices
Disclosure Explanation
Timeliness in publication of financial statements and Annual Report
Date of publication of the Annual Financial Statements 3 March 2026
The Company publishes its Annual Financial Report on time as
stipulated by regulation.
Date of publication of Annual Report 1 April 2026
The Company always publishes its Annual Report on time as
stipulated by regulations.
Opinion of independent auditor on the company financial statements Fair without Modification
Has there been insider trading involving directors/commissioners, No
management, and employees in the last three year?
The Company, including the Board of Commissioners/the Board
of Commissioners, Management and employees have never been
involved in insider trading case within the last 3 (three) years.
Have there been any significant or material cases of non-compliance No
with the laws, rules and regulations relating to related party
transaction in the last three years? The Company always complies with provisions of the laws and
regulations in transactions with related parties.
Has there been violation of any law relating to labor/employment/ No
consumer/insolvency/commercial/competition or environmental
matters The Company has never committed any violation of the law
relating to labor/employment/consumer/insolvency/commercial/
competition or environmental matters
Is the Company facing sanctions from regulator for not making an No
announcement within the specified time period for a material event?
The Company always discloses material information to regulators.
Has the company obtained a conviction from the highest tax court No
regarding any tax matters during the last three years?
The Company has never experience any tax dispute or problem in
the last 3 (three) years.
Is there any evidence that the company did not comply with The Company complied with all regulations, including those beyond
any listing rules and regulations during the past year other than the regulation of Annual Report disclosure.
disclosure rules?
412 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 415
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 413
Page 416
Social and Environmental Responsibility 414 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 417
Social and
Environmental
Responsibility
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 415
Page 418
Social and Environmental Responsibility
Highlights
of Sustainability
ECONOMY
ECONOMIC PERFORMANCE HIGHLIGHTS
Company
Operating Income* Net Profit* Assets*
(in trillion rupiah) (in trillion rupiah) (in trillion rupiah)
4.10 3.22 241.10 245.85
3.46 2.68 201.45
0.32
[0.10]
2023 2024 2025 2023 2024 2025 2023 2024 2025
Customers* Dividend Payments* Tax Payments*
(in million rupiah) (in billion rupiah) (in billion rupiah)
11.2 619 892
861
9.9 563
9.5
472 677
2023 2024 2025 2023 2024 2025 2023 2024 2025
Financing Number of Local Suppliers
(in trillion rupiah)
2025 2025
149.88 110
2024 145.94 2023 145.17 2024 187 2023 273
Notes
* Consolidated financial data of SMBC Indonesia, including its three other subsidiaries:
PT Bank BTPN Syariah Tbk, PT Oto Multiartha (OTO), and PT Summit Oto Finance (SOF).
416 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 419
SUSTAINABLE FINANCE PERFORMANCE
Sustainable Financing by Category of Sustainable Business Activities (KKUB) – POJK
Sustainable Financing from Total Loans (Bank Only)
Rp17.82 trillion Rp18.13 trillion Rp13.78 trillion
2025 2024 2023
Percentage of Total Sustainable Financing to Total Loans (Bank Only)
11.89% 12.42% 9.49%
2025 2024 2023
Environmentally Sustainable Small and Medium Micro
Financing (KUBL) Enterprises Rp Billion
Rp Billion Rp Billion
7,635 7,602 2025 2,584
2025 2025
2024 7,514 2024 8,361 2024 2,252
2023 7,682 2023 5,977 2023 115
Sustainable Funding Sustainable Investment Sustainable Financing
Product Product Products **
Rp799 billion
Sustainability
ESG Deposit * Reksadana ESG Linked
(ESG Mutual Fund) * Loan (SLL) *
Rp1.32 trillion
Rp66.85 Rp21.42 Green Loan *
billion billion
Social Loan *
Rp1.10 trillion
* The data presented herein are their outstanding values as of 31 December 2025.
** As part of Environmentally Conscious Financing (KUBL).
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 417
Page 420
Social and Environmental Responsibility
Sustainable Financing Based on Sustainable Business Activity Category (KKUB)
(Rp billion))
4,009
691 193 Sustainable Management of
Living Natural Resources and
Renewable Energy Energy Efficiency Land Use
331 337 510
Environmentally Friendly Buildings
Sustainable Water and that Meet National, Regional,
Green Transportation
Wastewater Management or Internationally Recognized
Standards or Certifications
466 10,185.88 1,100
Environmentally Conscious
Business Activities and/or Micro, Small and Medium MSMEs – Indirect Financing
Other Related Initiatives Enterprises (MSMEs) –
Direct Financing
418 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 421
SOCIAL
EMPLOYEES
Number of Employees Employee Recruitment
(Employees) (Employees)
6,139 428
2025 2025
6,491 514
2024 2024
6,636 609
2023 2023
Percentage of Female Employees
(%) Permanent Employee Turnover Rate
(%)
45%
2025 2024
8.5%
45%
11.1% 2023
12.4%
44%
2023
2024
2025
78 Employee Engagement
Survey Score
PELATIHAN DAN SOSIALISASI
Average Training Number of Participants Sustainability
Hours in Anti-Fraud Trainings Training
(Hours/Employees) (Employees) (Events)
2025 38 2025 6,022 2025 72
35 6,162 2024 53
2024 2024
39 6,359 2023 6
2023 2023
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 419
Page 422
Social and Environmental Responsibility
CORPORATE SOCIAL RESPONSIBILITY (CSR) ACTIVITIES
Number of Financial “DAYA.ID”
Literacy Participants Website Visitors
(Participants) (Visitors)
2025 >31.4 Million 2025 >2.5 Million
2024 >8.6 Million 2024 >1.9 Million
2023 >2.7 Million 2023 >2.3 Million
CSR CSR
Total Fund Beneficiaries
(Rp billion) (Participants)
2025 3.19 2025 >36.9 Million*
2024 3.42
2024 >10.3 Million
2023 2.88
2023 >5.6 Million
FINANCIAL INCLUSION
Number of MSME Number of Female Total Donations
Customers Customers Via Jenius App
(Customers) (Customers) (Transactions)
2025 18,209 2025 945 2025 25,880
2024 896 2024 26,270
2024 17,880
2023 39,458
2023 965
Customer Satisfaction Customer Complaint
Rate Resolution Rate
(%)
2025 91% 2025 48,059 (99%)
2024 91% 2024 62,759 (99%)
2023 75% 2023 63,215 (97%)
SMBC Indonesia promotes community well-being and inclusive economic growth through KKUB financing, MSME
and women empowerment, financial literacy, and job creation. Recognizing potential negative impacts, such
as limited access to financing and emissions or waste effects on communities, SMBC Indonesia implements
sustainable banking policies and practices to encourage customers to conduct economic activities responsibly.
420 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 423
ENVIRONMENTAL
Energy Energy Consumption Emission
Usage Intensity/Employee Intensity/Employee*
(ton CO2eq/employee)
(GJ) (GJ/Employee)
2025 2.26
2025 2025 2024 2.32
2023 2.85
76,281.05 12,43
Emission Reduction
Performance*
(tonCO2eq)
2024 2024
94,863.48 14.61
2025 1,131.96
2024 3,908.17**
2023 304.00
2023 2023 * Total Scope 1 and Scope 2 emissions after REC deduction compared
to the previous year.
100,404.04 15.13 ** Update to 2024 data due to changes in Scope 2 emissions data.
Scope 1 Emissions Scope 2 Emissions
(tonCo2eq) (tonCo2eq)
16,437.87
2,506.91
2,474.82 14,106.92*
13,394.83
1,345.90
* Restatement of the
2024 data followed a
review and correction of
the previous calculation
process, resulting in a
non-material decrease
compared to the data
2023 2024 2025 previously reported.
2023 2024 2025
Scope 3 Emissions Scope 3 Emissions
Non-Financed Emission Financed Emission*
(tonCo2eq) (tonCo2eq)
13,530.32* 1,586,802.5 **
10,320.18
1,353,246.16
* In 2024, SMBC Indonesia
began calculating Scope * Financed emissions data is
3 emissions for several presented with a one-year lag
173,17 additional categories, from the reporting period due to
namely Scope 3 Categories limitations in the availability of
1, 2, 3, 5, and 7. This was debtor data.
undertaken as part of ** Financed emission in 2024
an enhancement to the increased due to the expansion
2023 2024 2025 emissions calculation. 2023 2024 of the Bank’s portfolio coverage.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 421
Page 424
Social and Environmental Responsibility
Paper Reduction in Paper
Usage Usage
(Reams) (Reams)
2025 2025
46,356 -13,005
2024 2024
59,361 +10,157
2023 2023
49,204 1,644
TREE PLANTING INITIATIVE
2025 2024 2023
1,971 1,500 625
10%
3
of total bankwide
electricity costs (961 units) Electric
Vehicle
Total Usage of Renewable
Unit
Energy Certificates (REC)
1 1
Solar Panel Installation Unit Electric Vehicle Charging
at the Gunung Sahari Branch Station (EVCS) at the
Office, Jakarta Diponegoro Branch Office,
Surabaya, East Java
Installed and effective since 2024
422 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 425
GOVERNANCE
Number of Whistleblowing Percentage of Whistleblowing
Reports Received Reports Resolved
(Cases) (%)
2025 61
92%
2024
24
2023 87,5%
42
98%
2023
2024 * There was a data adjustment
in 2024 due to recalculation.
Consequently, the 2024 figures
2025 reported this year are lower than
those disclosed in the previous
year’s report.
ASEAN Corporate Governance IT & Data Security
Scorecard Certifications
(Points)
2025 2025
107.15 Points ISO/IEC 27001:2022
with a predicate of “Leadership in Corporate Scope as per SOA:
Governance” or Level 5 (over 100) The Information Security Management in The
Development and Operations in Provision of JENIUS
System
2024 2024
108.22 Points ISO/IEC 27001:2013
Scope as per SOA:
with a predicate of “Leadership in Corporate The Information Security Management in The
Governance” or Level 5 (over 100) Development and Operations of JENIUS System
2023
99.19 Points
with a predicate of “Very Good” or Level 4
(90-99.99)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 423
Page 426
Good Corporate Governance
Risk Management Implementation Report
for Operational Risk
Bank Name : PT Bank SMBC Indonesia Tbk (Individual)
Reporting Year : 2025/(Audited)
1 Explanation of regulations, policies and/or • Incident Management Plan (IMP) procedure
guidelines related to risk management for • Initiative Management procedure
Operational Risk. • 2nd LoD Roles and responsibilities procedure
PT Bank SMBC Indonesia Tbk (SMBC Indonesia) • Internal Control Procedures for Financial
hereinafter referred to as “Bank” has policies and Information and/or Financial Reports
procedures for operational risk management. These • Funding Products & Services Procedures
policies and procedures are reviewed periodically
with consider any changes in Bank’s internal and 2 Explanation of the structure and organization
external factors, especially related to regulatory of management and control function related to
requirement. All work units in Bank must be guided Operational Risk.
by these policies and procedures in carrying out Bank using 3 lines of defense model to divide the
their daily operational activities. role and responsibilities of each party within the
Bank’s organization for the implementation of
Policies and procedures related for Operational Risk Operational Risk Management.
Management are:
• Operational Risk Management Policy In the first line of defense, all business and support
• Business Continuity Management Policy functions work unit as risk owners who are directly
• Insurance Management Policy responsible for the implementation of operational
• Third-Party Risk Management Policy risk management. In its implementation, the
• Internal Control Policy for Financial Information work unit is supported by Business Risk. Besides
and/or Financial Reports supported by Business Risk, at the operational
• Data Governance and Management Policy level Bank has ICR (Internal Control & Risk) function
• Key Control Self-Assessment (KCSA) procedure that responsible to support related work unit in
• Key Risk Indicator (KRI) procedure managing their daily operational risk.
• Event Registration and Booking of Operational
Risk (RLED) procedure The role and responsibilities of business and
• Significant Incident Notification Protocol (SINP) support functions work unit are:
procedure • Identify and register all operational inherent
• Operational Risk Assessment (KRO) Procedure risks in each product, service, process, and
• Internal Control and Risk (ICR) implementation initiative.
procedure • Record risk events and book operational risk
• Risk Grading Matrix (RGM) and Process Risk losses or fraud and recovery.
Control (PRC) procedure • Compliantly report fraud indications or
• Non Financial Risk Appetite (ORA) procedure incidents
• Risk Acceptance (RA) Procedure • Follow-up action for operational or fraud risk
• Information Management and Security events and its completion.
procedure • Carry out all operational risk management
• Risk Control Meeting (RCM) procedure Strategy program that has determined by
• Business Impact Analysis (BIA) and Business OFRM Division.
Continuity Plan (BCP) procedure
424 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 427
The role and responsibilities of the ICR (Internal The Board of Commissioners and Directors
Control & Risk) function are: supervise the implementation of Operational
• Act as coordinator in the implementation and Risk Management through the Risk Monitoring
completion of operational risk management Committee and Risk Management Committee
implementation programs in their respective which are conducted regularly.
areas.
• Assist work units in providing operational risk The roles and responsibilities of the Board of
and fraud review. Commissioners are:
• Assist work units in issue resolution or • Evaluate and approve policies and strategic
operational risk events and fraud. plans for the implementation of operational risk
• Conduct inspections and report each finding to management and Anti Fraud Strategy.
the relevant parties. • Monitor Non Financial Risk Appetite
• Monitor follow-up action and resolution of each • Direct the implementation of operational risk
identified finding management
• Act as PIC to coordinate with the ORM and
Internal Audit Divisions and other related The roles and responsibilities of Directors are:
work units in implementing operational risk • Ensure the adequacy of the organizational
management structure and human resource for the
implementation of operational risk
In the second line of defense, is Operational & management in their respective areas.
Fraud Risk Management (OFRM) Division which • Ensure the implementation of operational risk
has direct reporting line to the Head of Risk management and Anti Fraud Strategy program
Management, responsible for operational and fraud has been carried out.
risk managemen. • Monitor and ensure follow-up resolution of
any operational issues or risk event and fraud
The roles and responsibilities of the ORM Division event.
are: • Develop awareness culture of operational risk
• Create and develop operational risk and Anti Fraud Strategy.
management and Anti Fraud Strategy policies,
procedures and tools. 3 Explanation of the measurement system for
• Create operational risk management and Anti Operational Risk (covering system and data
Fraud Strategy implementation programs. used to calculate Operational Risk to estimate
• Provide socialization and training on operational the capital charge for Operational Risk).
risk management and Anti Fraud Strategy to Bank calculates capital charges for operational risk
work units. using standardized approach starting year 2023
• Support work units in providing operational and in accordance with regulatory requirement. Bank
fraud risk review. has RWA (Risk Weighted Asset) system to support
• Create operational and fraud risk report to in calculating capital charges for operational risk.
management and regulator. Based on existing data sources, the RWA system
• Monitoring the implementation of operational will automatically calculate the capital charges
risk management and Anti Fraud Strategy in for operational risk based on formula determined
Bank. by the regulator based on business indicator
• Create and develop ICRS (Internal Risk & components and historical operational risk loss
Control system) as application used to manage data. The calculation result from the system can
operational risk in Bank. also be adjusted manually if necessary.
In the third line of defense, is Internal Audit to
conduct inspection and evaluation of governance
and implementation of operational risk
management. Examination is carried out on the first
line of defense and the second line of defense.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 425
Page 428
Good Corporate Governance
4 Explanation of the scope and main coverage of 5 Explanation of risk mitigation and risk transfer
the reporting framework for Operational Risk for used in management for Operational Risk. This
executive officers and directors of the Bank. includes mitigation by issuing policies (such as
Bank has reports addressed to the BoM (Board policies for risk culture, risk acceptance, and
of Management) and the Bank’s Directors in outsourcing), by divesting high-risk businesses,
monitoring operational risks both at the Bank level and by establishing control functions. The
and at the respective Directorates. The data sources remaining exposure can be absorbed by the
in making these reports are mostly supported Bank or for risk transfer. For example, the impact
by the ICRS (Internal Control & Risk System) of operational losses can be mitigated by
application owned by Bank which functioned as insurance.
central database and is also used for operational In term of risk mitigation and risk transfer for
risk management in all work units. Operational Risk Management, Bank has several
risk control methods that are carried out at ongoing
At the Bank level, discussions regarding operational basis to ensure that every potential operational risk
risks will be submitted to the Board of Directors and arising from business and operational activities is
BoM through the Risk Management Committee managed appropriately and does not exceed the
and to Board of Commissioners through the Risk acceptable limits.
Monitoring Committee. At the directorate level,
discussions related to operational risks will be Several of risk mitigation and risk transfer method
conveyed to the Board of Directors, BoM and used are:
Division Heads through RCM (Risk Control Meeting) • Identify and measure operational inherent risks
meetings which are held quarterly. in all work units.
• Conduct operational risk review on new and
The discussion regarding operational risks developed products, services, systems and
conveyed through the Risk Management activities before being implemented to ensure
Committee and Risk Monitoring Committee is as adequate controls.
follows (but not limited: • Ensure adequate policies and procedures to
• Non Financial Risk Appetite carry out every process and activity carried
• Key Highlights of operational risk/fraud out in all business work units and supporting
incidents along with losses and recovery functions.
• Key Risk Indicators (KRI) • Conduct ongoing evaluations to assess the
• Risk Acceptance effectiveness of control adequacy and record
• Top & Emerging Risk (Non Financial Risk) and correct any deviations that occurs.
• Results of Key Control Self-Assessment (KCSA) • Conduct analysis in terms of risk transfer
implementation to transfer potential operational risks that
may occur to other parties, such as through
insurance protection.
• Ensure the readiness of Business Continuity
Management (BCM) for all critical work units.
426 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 429
Bank Name : PT Bank SMBC Indonesia Tbk (Consolidated)
Reporting Year : 2025/(Audited)
1 Explanation of regulations, policies and/or Policies and procedures related to Operational Risk
guidelines related to risk management for Management in BTPNS are:
Operational Risk. • Operational Risk Management Policy
BTPN (hereinafter referred to as “Bank”) and BTPN • Business Continuity Management Policy
Syariah (hereinafter referred to as “BTPNS”) as • Anti Fraud Strategy Policy
subsidiaries have policies and procedures for • Business Impact Analysis Procedure
operational risk management. These policies and • Business Continuity Plan procedure
procedures are reviewed periodically with consider • Process Risk Control (PRC) Procedure
any changes in Bank and BTPNS’s internal and • Key Control Self-Assessment (KCSA) Procedure
external factors, especially related to to regulatory • Key Risk Indicator (KRI) procedure
requirement. All work units in Bank and BTPNS • Operational Risk Event Management Procedure
must be guided by these policies and procedures in • Quality Assurance (QA) Framework Procedure
carrying out their daily operational activities. • Anti Fraud Strategy Procedure
• Investigation Procedure
Policies and procedures related for Operational Risk • Whistleblowing Procedure
Management are:
• Operational Risk Management Policy Policies and procedures related to Operational Risk
• Business Continuity Management Policy Management at OTO SOF include:
• Insurance Management Policy • Policy on Guidelines for Implementing Anti-
• Third-Party Risk Management Policy Fraud Strategy
• Internal Control Policy for Financial Information • Policy on Implementing Anti-Bribery/
and/or Financial Reports Gratification and Corruption
• Data Governance and Management Policy • Policy on Declaration of Anti-Bribery/
• Key Control Self-Assessment (KCSA) procedure Gratification and Corruption
• Key Risk Indicator (KRI) procedure • Policy on Investment Committee
• Event Registration and Booking of Operational • Policy on Guidelines for Implementing Anti-
Risk (RLED) procedure Money Laundering, Prevention of Terrorism
• Significant Incident Notification Protocol (SINP) Funding, and Prevention of Funding for
procedure Proliferation of Weapons of Mass Destruction
• Operational & Fraud Risk Assessment (KROF) • Policy on Business Quality Control Department
procedure • Policy on Guidelines for Implementing Risk
• Internal Control and Risk (ICR) implementation Management
procedure • Policy on Guidelines for Implementing Risk
• Risk Grading Matrix (RGM) and Process Risk Management in the Use of Information
Control (PRC) procedure Technology
• Non Financial Risk Appetite (ORA) procedure • Policy on Guidelines for Implementing
• Risk Acceptance (RA) Procedure Whistleblowing System
• Information Management and Security • Policy on Business Continuity Plan (BCP)
procedure • Policy on IT Disaster Recovery Plan (DRP)
• Risk Control Meeting (RCM) procedure • Policy on Security Operation Center (SOC)
• Business Impact Analysis (BIA) and Business • Policy on Determining Risk Limits in the
Continuity Plan (BCP) procedure Framework of Implementing Risk Management
• Incident Management Plan (IMP) procedure • Policy on Surveillance
• Initiative Management procedure • Policy on Changes in the Amount and Limit of
• 2nd LoD Roles and responsibilities procedure Risk Appetite and Risk Tolerance on Key Risk
• Internal Control Procedures for Financial Indicators (KRI)
Information and/or Financial Reports • Policy on Guidelines for Recording Incidents
• Funding Products & Services Procedures and Accounting for Operational Risks
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 427
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Good Corporate Governance
2 Explanation of the structure and organization In the second line of defense, is Operational &
of management and control function related to Fraud Risk Management (OFRM) Division which
Operational Risk. has direct reporting line to the Head of Risk
Bank using 3 lines of defense model to divide the Management, responsible for operational and fraud
role and responsibilities of each party within the risk management.
Bank’s organization for the implementation of
Operational Risk Management. The roles and responsibilities of the OFRM Division
are:
In the first line of defense, all business and support • Create and develop operational risk
functions work unit as risk owners who are directly management and Anti Fraud Strategy policies,
responsible for the implementation of operational procedures and tools.
risk management. In its implementation, the • Create operational risk management and Anti
work unit is supported by Business Risk. Besides Fraud Strategy implementation programs.
supported by Business Risk, at the operational • Provide socialization and training on operational
level Bank has ICR (Internal Control & Risk) function risk management and Anti Fraud Strategy to
that responsible to support related work unit in work units.
managing their daily operational risk. • Support work units in providing operational and
fraud risk review.
The role and responsibilities of business and • Create operational and fraud risk report to
support functions work unit are: management and regulator.
• Identify and register all operational inherent • Monitoring the implementation of operational
risks in each product, service, process, and risk management and Anti Fraud Strategy in
initiative. Bank.
• Record risk events and book operational risk • Create and develop ICRS (Internal Risk &
losses or fraud and recovery. Control system) as application used to manage
• Compliantly report fraud indication or incidents operational risk in Bank.
• Follow-up action for operational or fraud risk
events and its completion. In the third line of defense, is Internal Audit to
• Carry out all operational risk management conduct inspection and evaluation of governance
and Anti Fraud Strategy program that has and implementation of operational risk
determined by ORM Division. management. Examination is carried out on the first
line of defense and the second line of defense.
The role and responsibilities of the ICR (Internal
Control & Risk) function are: The Board of Commissioners and Directors
• Act as coordinator in the implementation and supervise the implementation of Operational
completion of operational risk management Risk Management through the Risk Monitoring
implementation programs in their respective Committee and Risk Management Committee
areas. which are conducted regularly according to Charter.
• Assist work units in providing operational risk
and fraud review.
• Assist work units in issue resolution or
operational risk events and fraud.
• Conduct inspections and report each finding to
the relevant parties.
• Monitor follow-up action and resolution of each
identified finding.
• Act as PIC to coordinate with the ORM and
Internal Audit Divisions and other related
work units in implementing operational risk
management
428 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 431
The roles and responsibilities of the Board of The first line of defense, is business and operational
Commissioners are: functions (risk-taking function). Implemented
• Evaluate and approve policies and strategic by units/functions which are at the forefront of
plans for the implementation of operational risk implementing Risk Management, with roles and
management and Anti Fraud Strategy responsibilities includes:
• Monitor Non Financial Risk Appetite • Convey the inherent risk exposure (inherent
• Provide direction on the implementation of risk) contained in each business and
operational risk management and Anti Fraud operational unit to the Risk Management
Strategy. function on a regular basis.
• Ensure that there is a conducive risk control
The roles and responsibilities of Directors are: environment in each business and operational
• Ensure the adequacy of the organizational unit.
structure and human resource for the • Implement established Risk Management
implementation of operational risk policies in carrying out business and
management in their respective areas. operational activities.
• Ensure the implementation of operational risk • Carry out recommendations from the Risk
management and Anti Fraud Strategy program Management function in order to control risk in
has been carried out. each business and operational unit.
• Monitor and ensure follow-up resolution of
any operational issues or risk event and fraud The second line of defense, is the Risk Management
event. function. Implemented by the Risk Management
• Develop awareness culture of operational risk function/section in monitoring the implementation
and Anti Fraud Strategy. of the Risk Management strategy, with roles and
responsibilities includes:
Adequacy of structure and organization of • Identifying risks including inherent risks in
management and control functions related business activities.
to Operational Risk at BTPNS is carried out by • Develop risk measurement methods that
separating the roles and responsibilities of work are appropriate to the size and complexity
units by implementing the 3 line of defense model, of the business, including designing and
namely: (First line of defense) units business work implementing the tools needed to implement
and support functions together with the Quality Risk Management.
Assurance (QA) function ensure that activities • Monitoring the implementation of Risk
are carried out in accordance with Bank policies Management strategies that have been
and procedures. (Second line of defense), the approved by the Board of Directors, including
Risk Management Work Unit (SKMR) carries out monitoring Risk Management strategies in
maintenance of the operational risk management business and operational functions.
methodology and ensures that BTPNS activities • Monitoring the overall Risk position
comply with regulatory provisions including (composite), per Risk type, and per type of
compliance with sharia principles. (Third line of functional activity against predetermined Risk
defense), Internal Audit ensures that all remaining tolerances and limits.
risks (residual risks) are managed properly • Conduct regular reviews of the Risk
according to risk appetite & risk tolerance. Management process.
• Prepare and submit Risk profile reports to
The adequacy of the structure and organization the Board of Directors in charge of the Risk
of management and control functions related to Management function and Risk Management
Operational Risk in OTO & SOF uses Three Lines of committee on regular basis, where the
Defense, each unit work independently, namely: frequency of reports can be increased if
market conditions change rapidly.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 429
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Good Corporate Governance
The third line of defense is the internal control 3 Explanation of the measurement system for
function or internal audit function. Implemented by Operational Risk (covering system and data
the Internal Audit Work Unit (SKAI), with roles and used to calculate Operational Risk to estimate
responsibilities includes: the capital charge for Operational Risk).
• Ensure compliance at all levels of the Bank calculates capital charges for operational risk
Company’s organization with established Risk using standardized approach starting year 2023
Management policies and procedures. in accordance with regulatory requirement. Bank
• Ensure that the effectiveness of the has RWA (Risk Weighted Asset) system to support
implementation of Risk Management is in calculating capital charges for operational risk.
in accordance with the Risk Management Based on existing data sources, the RWA system
strategy and policy. will automatically calculate the capital charges
• Ensure the effectiveness of the Risk culture in for operational risk based on formula determined
the Company as a whole. by the regulator based on business indicator
components and historical operational risk loss
The Board of Director and Board of Commissioner data. The calculation result from the system can
are responsible for the effectiveness of also be adjusted manually if necessary.
the implementation of Risk Management
by supervising the implementation of Risk BTPNS as Sharia Bank, in accordance with OJK
Management through the Risk Monitoring regulations is still calculating capital charges for
Committee and the Risk Management Committee operational risks using the Basic Indicator Approach.
which are carried out periodically. In the case of the need to calculate capital costs on
a consolidated basis, the Bank will request business
The roles and responsibilities of the Board of indicator data and historical operational risk loss
Directors & Board of Commissioners include: data from BTPNS.
• The Board of Director and Board of
Commissioner must ensure that the OTO and SOF as finance companies are not yet
implementation of Risk Management for required by the regulator to calculate capital
Operational Risk is carried out effectively and charges for operational risks.
is integrated with the implementation of Risk
Management for other areas which may have 4 Explanation of the scope and main coverage of
an impact on the overall Risk profile. the reporting framework for Operational Risk for
• The Board of Director and Board of executive officers and directors of the Bank.
Commissioner are responsible for developing Bank has reports addressed to the BoM (Board
an organizational culture that is aware of of Management) and the Bank’s Directors in
Operational Risk and fosters commitment to monitoring operational risks both at the Bank level
managing Operational Risk in accordance with and at the respective Directorates. The data sources
business strategy. in making these reports are mostly supported
• The Board of Director creates a culture of by the ICRS (Internal Control & Risk System)
objective disclosure of Operational Risks application owned by Bank which functioned as
to all elements of the organization so that central database and is also used for operational
Operational Risks can be identified quickly and risk management in all work units.
mitigated appropriately.
• The Board of Director ensures that it
establishes a reward policy including
effective remuneration and punishment
that is integrated into the performance
assessment system in order to support optimal
implementation of Risk Management.
• The Board of Director must ensure that the
implementation of authority and responsibility
transferred to service providers has been
carried out properly and responsibly.
• The Board of Commissioners ensures that the
remuneration policy is in accordance with
the Risk Management strategy.
430 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 433
At the Bank level, discussions regarding operational 5 Explanation of risk mitigation and risk transfer
risks will be submitted to the Board of Directors and used in management for Operational Risk. This
BoM through the Risk Management Committee includes mitigation by issuing policies (such as
and to Board of Commissioners through the Risk policies for risk culture, risk acceptance, and
Monitoring Committee. At the directorate level, outsourcing), by divesting high-risk businesses,
discussions related to operational risks will be and by establishing control functions. The
conveyed to the Board of Directors, BoM and remaining exposure can be absorbed by the
Division Heads through RCM (Risk Control Meeting) Bank or for risk transfer. For example, the impact
meetings which are held quarterly. of operational losses can be mitigated by
insurance.
The discussion regarding operational risks In term of risk mitigation and risk transfer for
conveyed through the Risk Management Operational Risk Management, Bank has several
Committee and Risk Monitoring Committee is as risk control methods that are carried out at ongoing
follows (but not limited): basis to ensure that every potential operational risk
• Non Financial Risk Appetite Key Highlights arising from business and operational activities is
of operational risk/fraud incidents along with managed appropriately and does not exceed the
losses and recovery acceptable limits.
• Key Risk Indicators (KRI)
• Risk Acceptance Several of risk mitigation and risk transfer method
• Top & Emerging Risk (Non Financial Risk) used are:
• Results of Key Control Self-Assessment (KCSA) • Identify and measure operational inherent risks
implementation in all work units.
• Conduct operational risk reiew on new and
BTPNS also has reports intended for Directors, BoM developed products, services, systems and
and Division Head in monitoring operational risk. activities before being implemented to ensure
The data source used for preparing reports has adequate controls.
been supported by the ORMS (Operational Risk • Ensure adequate policies and procedures to
Management System) application as database for carry out every process and activity carried
recording operational risk events. out in all business work units and supporting
functions.
OTO and SOF as finance companies also have • Conduct ongoing evaluations to assess the
reports to the Board of Directors in monitoring effectiveness of control adequacy and record
operational risks. and correct any deviations that occurs.
• Conduct analysis in terms of risk transfer
to transfer potential operational risks that
may occur to other parties, such as through
insurance protection.
• Ensure the readiness of Business Continuity
Management (BCM) for all critical work units.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 431
Page 434
Good Corporate Governance 432 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 435
2025
Financial
Statements
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 433
Page 436
PT BANK SMBC INDONESIA Tbk DAN ENTITAS ANAK/AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2025/ 31 DECEMBER 2025 DAN/AND TAHUN BERAKHIR 31 DESEMBER 2025/ YEAR ENDED 31 DECEMBER 2025
Page 437
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
HAL/
ISI PAGE CONTENTS
PERNYATAAN DIREKSI DIRECTORS’ STATEMENT
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2025: YEAR ENDED 31 DECEMBER 2025:
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ------------------------------------------ 1-4 ---------------------------- FINANCIAL POSITION
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF
KOMPREHENSIF LAIN PROFIT OR LOSS AND OTHER
KONSOLIDASIAN ----------------------------------------- 5-6 ------------------- COMPREHENSIVE INCOME
LAPORAN PERUBAHAN EKUITAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ----------------------------------------- 7-8 ---------------------------- CHANGES IN EQUITY
LAPORAN ARUS KAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ----------------------------------------- 9 - 10 --------------------------------------- CASH FLOWS
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN ---------------------------------------- 11 - 243 ---------------------- FINANCIAL STATEMENTS
INFORMASI KEUANGAN TAMBAHAN ----------------- 244 - 252 ---SUPPLEMENTARY FINANCIAL INFORMATION
Page 438
Page 439
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2025 2024
ASET ASSETS
Kas 2h, 4 1,246,542) 1,379,647) Cash
Giro pada Bank Indonesia 2h, 2j, 5 7,915,463) 9,443,461) Current accounts with Bank Indonesia
Giro pada bank-bank lain: Current accounts with other banks
- Pihak ketiga 717,515) 509,209) Third parties -
- Pihak berelasi 2g, 40 589,437) 525,792) Related parties -
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (81) (37) losses
2h, 2j, 6 1,306,871) 1,034,964)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank-bank lain 14,922,235) 12,694,705) and other banks
Pendapatan bunga/marjin yang masih akan
diterima 661) 1,033) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (69) (582) losses
2h, 2k, 7 14,922,827) 12,695,156)
Efek-efek 25,684,516) 27,981,308) Securities
Pendapatan bunga/marjin yang masih akan
diterima 250,428) 193,642) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (71) (593) losses
2h, 2l, 8 25,934,873) 28,174,357)
Efek-efek yang dibeli dengan janji dijual Securities purchased under resale
kembali (reverse repo) 1,683,826) 468,188) agreements (reverse repo)
Pendapatan bunga yang masih akan diterima 2i 871) 594) Accrued interest income
2h, 2m, 9 1,684,697) 468,782)
Tagihan derivatif Derivative receivables
- Pihak ketiga 1,058,395) 1,372,880) Third parties -
- Pihak berelasi 2g,40 222,477) 375,245) Related parties -
2h, 2o, 10 1,280,872) 1,748,125)
Tagihan akseptasi 3,793,458) 3,334,619) Acceptance receivables
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (1,272) (17,078) losses
2h, 2p, 11 3,792,186) 3,317,541)
Pinjaman yang diberikan: Loans:
- Pihak ketiga 144,226,759) 139,362,461) Third parties -
- Pihak berelasi 2g, 40 431,325) 437,775) Related parties -
Pembiayaan/piutang syariah: Sharia financing/receivables:
- Pihak ketiga 10,352,755) 10,171,759) Third parties -
Pendapatan bunga/marjin yang masih akan
diterima 814,384) 762,335) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (3,515,530) (3,922,680) losses
2h, 2q, 12 152,309,693) 146,811,650)
Piutang pembiayaan: Financing receivables:
- Pihak ketiga 30,377,030) 29,432,622) Third parties -
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (3,644,300) (1,970,930) losses
2r,13 26,732,730) 27,461,692)
Dipindahkan 237,126,754) 232,535,375) Carry forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
1
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 437
Page 440
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2025 2024
ASET (lanjutan) ASSETS (continued)
Pindahan 237,126,754) 232,535,375) Carried forward
Penyertaan saham Investment in shares
- Pihak ketiga 4,072) 52,785) Third parties -
- Pihak berelasi 2g,40 22,500) 22,500) Related parties -
2h, 2s 26,572) 75,285)
Beban dibayar dimuka 2t, 2ak, 14 978,169) 1,075,266) Prepayments
Klaim pengembalian pajak 2ae, 15a 568,409) 525,930) Claims for tax refund
Aset pajak tangguhan 2ae, 15f 703,259) 370,403) Deferred tax assets
Aset tetap 6,220,651) 6,058,147) Fixed assets
Dikurangi: Akumulasi penyusutan (3,915,060) (3,773,725) Less: Accumulated depreciation
2u, 2aj, 16 2,305,591) 2,284,422)
Aset takberwujud dan goodwill Intangible assets and goodwill
- Aset takberwujud 5,275,577) 5,097,520) Intangible assets -
- Goodwill 1,098,209) 1,098,209) Goodwill -
Dikurangi: Akumulasi amortisasi (3,715,804) (3,386,613) Less: Accumulated amortization
2v, 17 2,657,982) 2,809,116)
Aset lain-lain 1,638,506) 1,609,959) Other assets
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (157,077) (189,329) losses
2h, 2w, 18 1,481,429) 1,420,630)
JUMLAH ASET 245,848,165) 241,096,427) TOTAL ASSETS
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS FUNDS AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 2h, 19 84,995) 48,898) Obligations due immediately
Bagi hasil yang belum dibagikan 2af 19,019) 18,825) Undistributed revenue sharing
Simpanan nasabah Deposits from customers
- Pihak ketiga 120,758,859) 111,396,668) Third parties -
- Pihak berelasi 2g, 40 312,470) 321,791) Related parties -
Beban bunga yang masih harus dibayar 212,699) 267,398) Accrued interest expenses
2h, 2x, 20 121,284,028) 111,985,857)
Simpanan dari bank-bank lain Deposits from other banks
- Pihak ketiga 841,831) 58,472) Third parties -
- Pihak berelasi 2g, 40 3,637,817) 699,242) Related parties -
Beban bunga yang masih harus dibayar 10,364) -) Accrued interest expenses
2h, 2x, 21 4,490,012) 757,714)
Liabilitas derivatif Derivative payables
- Pihak ketiga 1,079,112) 1,537,568) Third parties -
- Pihak berelasi 2g, 40 34,548) 21,273) Related parties -
2h, 2o, 10 1,113,660) 1,558,841)
Dipindahkan 126,991,714) 114,370,135) Carry forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
2
438 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 441
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2025 2024
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS (lanjutan) FUNDS AND EQUITY (continued)
LIABILITAS (lanjutan) LIABILITIES (continued)
Pindahan 126,991,714) 114,370,135) Carried forward
Liabilitas akseptasi Acceptance payables
- Pihak ketiga 2,593,524) 2,998,823) Third parties -
- Pihak berelasi 2g, 40 621,016) 163,558) Related parties -
2h, 2p, 11 3,214,540) 3,162,381)
Utang pajak: Taxes payables:
- Pajak penghasilan badan 59,067) 78,170) Corporate income tax -
- Pajak lain-lain 147,794) 147,690) Other taxes -
2ae, 15b 206,861) 225,860)
Efek-efek yang diterbitkan: Securities issued:
- Utang obligasi 22 6,794,041) 2,939,924) Bonds payable -
Beban bunga yang masih harus dibayar 29,416) 21,117) Accrued interest expenses
1d, 2h, 2y 6,823,457) 2,961,041)
Pinjaman yang diterima: Borrowings:
- Pihak ketiga 26,143,984) 27,074,681) Third parties -
- Pihak berelasi 2g, 40 12,506,250) 22,452,525) Related parties -
Biaya transaksi yang belum diamortisasi (80,055) (113,321) Unamortized transaction costs
Beban bunga yang masih harus dibayar 166,705) 244,342) Accrued interest expenses
2h, 2z, 23 38,736,884) 49,658,227)
Akrual 2h, 24 462,934) 561,383) Accruals
Pinjaman subordinasi 3,335,000) 3,219,000) Subordinated loans
Beban bunga yang masih harus dibayar 10,621) 10,069) Accrued interest expenses
2g, 2h,
2ab, 25, 40 3,345,621) 3,229,069)
Liabilitas imbalan kerja karyawan: Employee benefits liabilities:
- Imbalan kerja jangka pendek 632,186) 613,452) Short-term employee benefits -
- Imbalan pascakerja dan Post-employment benefits and -
imbalan kerja jangka panjang lainnya 611,710) 452,955) other long-term employee benefits))
2aa, 26 1,243,896) 1,066,407)
Liabilitas sewa 2ai 408,940) 335,275) Lease liabilities
Liabilitas lain-lain 2h, 2i, 27 1,027,853) 1,181,258) Other liabilities
JUMLAH LIABILITAS 182,462,700) 176,751,036) TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Bukan bank Non-bank
Tabungan mudharabah Mudharabah saving deposits
- Pihak ketiga 881,717) 972,327) Third parties -
- Pihak berelasi 2g, 40 4,918) 4,295) Related parties -
886,635) 976,622)
Deposito mudharabah Mudharabah time deposits
- Pihak ketiga 9,015,221) 8,593,793) Third parties -
- Pihak berelasi 2g, 40 27,895) 28,937) Related parties -
9,043,116) 8,622,730)
JUMLAH DANA SYIRKAH TEMPORER 2ac, 28 9,929,751) 9,599,352) TOTAL TEMPORARY SYIRKAH FUNDS
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
3
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 439
Page 442
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2025 2024
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS (lanjutan) FUNDS AND EQUITY (continued)
EKUITAS SHAREHOLDERS’ EQUITY
Ekuitas yang diatribusikan kepada pemilik Equity attributable to owners
entitas induk of the parent
Modal saham: Share capital:
Modal dasar Rp 300.000 Authorized capital of Rp 300,000
terdiri dari: 15.000.000.000 saham consists of: 15,000,000,000 shares
dengan nilai nominal with par value of
Rp 20 (nilai penuh) per saham Rp 20 (full amount) per share
Modal ditempatkan dan disetor penuh Issued and fully paid-up capital
sebesar 10.645.945.748 saham of 10,645,945,748 shares
(31 Desember 2024: 10.645.945.748 (31 December 2024: 10,645,945,748
saham) 2ad, 29 212,919) 212,919) shares)
Tambahan modal disetor 1b 17,562,271) 17,561,631) Additional paid-in capital
Reserve on revaluation of fixed
Cadangan revaluasi aset tetap 2s 940,515) 940,515) assets
Lindung nilai arus kas 10 (194,749) 9,266) Cash flow hedge
Cadangan nilai wajar - bersih 2l 45,191) 12,646) Fair value reserve - net
Transaksi dengan kepentingan-non- Transaction with non-controlling
pengendali 1f (24,267) (24,267) interest
Saldo laba Retained earnings
- Dicadangkan 42,953) 42,953) Appropriated -
- Belum dicadangkan 28,608,134) 28,750,910) Unappropriated -
28,651,087) 28,793,863)
Komponen ekuitas lainnya 2ac 260,801) 260,801) Other equity components
47,453,768) 47,767,374)
Kepentingan non-pengendali 2f 6,001,946) 6,978,665) Non-controlling interest
JUMLAH EKUITAS 53,455,714) 54,746,039) TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS 245,848,165) 241,096,427) SYIRKAH FUNDS AND EQUITY
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
4
440 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 443
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2025 2024
PENDAPATAN DAN BEBAN OPERATING INCOME
OPERASIONAL AND EXPENSES
Pendapatan bunga 19,015,916) 18,189,958) Interest income
Pendapatan syariah 5,219,244) 5,398,377) Sharia income
2g, 2af,
31, 40 24,235,160) 23,588,335)
Beban bunga (7,834,273) (7,875,949) Interest expenses
Beban syariah (488,984) (504,104) Sharia expenses
2g, 2af,
32, 40 (8,323,257) (8,380,053)
PENDAPATAN BUNGA DAN NET INTEREST
SYARIAH BERSIH 15,911,903) 15,208,282) AND SHARIA INCOME
Provisi dan komisi: Fee and commission:
Pendapatan provisi dan komisi 2ag,33 2,081,194) 1,897,296) Fee and commission income
Beban provisi dan komisi 2ag,34 (589,132) (667,642) Fee and commission expense
1,492,062) 1,229,654)
Pendapatan operasional: Operating income:
Pendapatan operasional lainnya 2ag, 35 596,787) 448,733) Other operating income
Keuntungan dari selisih kurs dan transaksi Net gains on foreign exchange and
derivatif bersih 2e, 2o 438,270) 542,691) derivative transactions
1,035,057) 991,424)
Beban operasional: Operating expenses:
2g, 2y, 36,
Beban kepegawaian 40 (5,523,545) (4,850,251) Personnel expenses
Beban umum dan administrasi 37 (3,887,349) (3,951,282) General and administrative expenses
Pembentukan cadangan kerugian
penurunan nilai 2i, 38 (8,046,544) (3,897,140) Allowance for impairment losses
Beban operasional lainnya 39 (657,666) (626,670) Other operating expenses
(18,115,104) (13,325,343)
PENDAPATAN OPERASIONAL BERSIH 323,918) 4,104,017) NET OPERATING INCOME
PENDAPATAN (BEBAN) NON-OPERATING INCOME
NON-OPERASIONAL (EXPENSES)
Pendapatan non-operasional 15,503) 20,510) Non-operating income
Beban non-operasional (58,094) (4,054) Non-operating expenses
(42,591) 16,456)
LABA SEBELUM PAJAK PENGHASILAN 281,327) 4,120,473) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN 2ae, 15c (383,456) (904,233) INCOME TAX EXPENSE
(RUGI) LABA BERSIH (102,129) 3,216,240) NET (LOSS) INCOME
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
5
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 441
Page 444
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/ OPERATING INCOME
C Catatan/ Years ended 31 December
Notes 2025 2024
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Gain on revaluation of
Keuntungan revaluasi aset tetap -) 7,814) fixed assets
Pengukuran kembali liabilitas imbalan kerja Remeasurements of employee
karyawan (110,120) 53,366) benefits liabilities
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will not be
tidak akan direklasifikasi ke laba rugi 15f 24,225) (11,740) reclassified to profit or loss
(85,895) 49,440)
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Lindung arus kas: 10 Cash flow hedge:
Bagian efektif dari perubahan nilai wajar (274,313) 54,698) Effective portion of changes in fair value
Jumlah yang ditransfer ke laba rugi (115,729) (30,094) Amount transferred to profit or loss
Keuntungan yang belum direalisasi atas Unrealized gains on fair value
perubahan nilai wajar efek-efek yang changes of securities measured
diukur pada nilai wajar melalui at fair value through
penghasilan komprehensif lain 2l 41,714) 12,563) other comprehensive income
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will be
akan direklasifikasi ke laba rugi 2ae,15f 56,576) (11,851) reclassified to profit or loss
(291,752) 25,316)
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE
TAHUN BERJALAN, SETELAH PAJAK INCOME FOR THE
PENGHASILAN (377,647) 74,756) YEAR, NET OF INCOME TAX
TOTAL COMPREHENSIVE
JUMLAH (RUGI) LABA KOMPREHENSIF (LOSS) INCOME FOR THE
TAHUN BERJALAN, SETELAH PAJAK (479,776) 3,290,996) YEAR, NET OF INCOME TAX
(RUGI) LABA BERSIH YANG
DIATRIBUSIKAN KEPADA: NET (LOSS) PROFIT ATTRIBUTABLE TO:
Pemilik entitas induk 505,557) 2,812,986) Owners of the parent
Kepentingan non-pengendali (607,686) 403,254) Non-controlling interest
(102,129) 3,216,240)
JUMLAH (RUGI) LABA KOMPREHENSIF TOTAL COMPREHENSIVE
YANG DIATRIBUSIKAN KEPADA: (LOSS) INCOME ATTRIBUTABLE TO:
Pemilik entitas induk 248,351) 2,868,590) Owners of the parent
Kepentingan non-pengendali (728,127) 422,406) Non-controlling interest
(479,776) 3,290,996)
LABA BERSIH PER SAHAM EARNINGS PER SHARE
(NILAI PENUH) 2ah, 43 (FULL AMOUNT)
Dasar 47) 279) Basic
Dilusian 47) 279) Diluted
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
6
442 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 445
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Modal
ditempatkan Cadangan
dan disetor revaluasi Transaksi dengan Saldo laba yang Saldo laba yang Kepentingan
penuh/ Tambahan aset tetap/ Lindung kepentingan non- sudah ditentukan belum ditentukan Komponen non-
Issued and modal Reserve on Cadangan nilai nilai arus pengendali/ penggunaannya/ penggunaannya/ ekuitas pengendali/
fully disetor/ revaluation wajar - bersih/ kas/ Transaction with Appropriated Unappropriated lainnya/ Non- Jumlah
Catatan/ paid-up Additional of fixed Fair value Cash flow non-controlling retained retained Other equity Jumlah/ controlling ekuitas/
Notes share capital paid-in capital assets reserve - net hedge interest earnings earnings components Total interest Total equity
Saldo tanggal 1 Januari 2025 212,919) 17,561,631) 940,515) 12,646 9,266) (24,267) 42,953) 28,750,910) 260,801 47,767,374) 6,978,665) 54,746,039) Balance as of 1 January 2025
Laba (rugi) bersih tahun berjalan -) -) -) -) -) -) -) 505,557) -) 505,557) (607,686) (102,129) Net profit (loss) for the year
Penghasilan komprehensif lainnya, bersih Other comprehensive income,
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
setelah pajak: net of tax:
Lindung nilai arus kas -) -) -) -) (204,015) -) -) -) -) (204,015) (120,274) (324,289) Cash flow hedge
Changes in fair value of financial
Perubahan nilai wajar atas aset keuangan assets measured at fair value
yang diukur pada nilai wajar melalui through other comprehensive
penghasilan komprehensif lain 2l -) -) -) 32,545 -) -) -) -) -) 32,545) (8) 32,537) income
Pengukuran kembali liablitas imbalan kerja Remeasurement of employee
karyawan -) -) -) -) -) -) -) (85,736) -) (85,736) (159) (85,895) benefits liabilities
Jumlah laba komprehensif selama Total comprehensive
tahun berjalan -) -) -) 32,545 (204,015) -) -) 419,821) -) 248,351) (728,127) (479,776) income during the year
Pembayaran dividen - - - - -) -) -) (562,597) - (562,597) (248,616) (811,213) Dividend payment
Payments of compensation from
Pembayaran kompensasi dari saham tresuri 1c,2ad treasury shares
Entitas Anak -) 640) -) -) -) -) -) -) -) 640 24) 664) Subsidiary
Saldo tanggal 31 Desember 2025 212,919) 17,562,271) 940,515) 45,191 (194,749) (24,267) 42,953) 28,608,134) 260,801 47,453,768) 6,001,946) 53,455,714) Balance as of 31 December 2025
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan integral part of these consolidated financial statements
7
443
Page 446
444
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Modal Transaksi
ditempatkan Cadangan dengan
dan disetor revaluasi kepentingan Saldo laba yang Saldo laba yang Kepentingan
penuh/ Tambahan aset tetap/ Lindung non-pengendali/ sudah ditentukan belum ditentukan Komponen non-
Issued and modal Reserve on Cadangan nilai nilai arus Transaction penggunaannya/ penggunaannya/ ekuitas Saham pengendali/
fully disetor/ revaluation wajar - bersih/ kas/ with non- Appropriated Unappropriated lainnya/ tresuri/ Non- Jumlah
Catatan/ paid-up Additional of fixed Fair value Cash flow controlling retained retained Other equity Treasury Jumlah/ controlling ekuitas/
Notes share capital paid-in capital assets reserve - net hedge interest earnings earnings components shares Total interest Total equity
Saldo tanggal 1 Januari 2024 162,982) 11,162,238) 954,224) 2,906) -) (24,267) 32,596) 26,369,641) 260,801) (254,695) 38,666,426) 2,616,678) 41,283,104) Balance as of 1 January 2024
Laba bersih tahun berjalan -) -) -) -) -) -) -) 2,812,986) -) -) 2,812,986) 403,254) 3,216,240) Net profit for the year
Penghasilan komprehensif lainnya, Other comprehensive income,
bersih setelah pajak: net of tax:
Lindung nilai arus kas -) -) -) -) 9,266 -) -) -) -) -) 9,266) 6,252) 15,518) Cash flow hedge
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada assets measured at fair value
nilai wajar melalui through other comprehensive
penghasilan komprehensif lain 2l -) -) -) 9,740 -) -) -) -) -) -) 9,740) 58 9,798 income
Revaluasi dan penjualan Revaluation and sales of
aset tetap -) -) (13,709) -) -) -) -) 19,179) -) -) 5,470) 2,344 7,814 fixed assets
Pengukuran kembali liablitas Remeasurement of employee
imbalan kerja karyawan -) -) -) -) -) -) -) 31,128) -) 31,128) 10,498 41,626 benefits liabilities
Jumlah laba komprehensif selama Total comprehensive
tahun berjalan -) -) (13,709) 9,740 9,266 -) -) 2,863,293) -) -) 2,868,590) 422,406 3,290,996 income during the year
Addition of appropriated retained
Penambahan cadangan wajib 30 -) -) -) -) -) -) 10,357) (10,357) -) -) -) - - earnings
Pembayaran dividen 30 -) -) -) -) -) -) -) (471,667) -) -) (471,667) (212,316) (683,983) Dividend payment
Akuisisi Entitas Anak -) -) -) -) -) -) -) -) -) -) -) 4,151,860 4,151,860 Acquisition of Subsidiaries
Right issues 1c 51,783) 6,651,061) -) -) -) -) -) -) -) -) 6,702,844) - 6,702,844 Right issues
Penarikan saham tresuri 1c (1,846) (252,849) -) -) -) -) -) -) -) 254,695 -) - - Withdrawal of treasury shares
Pembayaran kompensasi dari Payments of compensation from
saham tresuri 1c,2ac treasury shares
Entitas Anak -) 1,181) -) -) -) -) -) -) -) -) 1,181) 37 1,218 Subsidiary
Saldo tanggal 31 Desember 2024 212,919) 17,561,631) 940,515) 12,646 9,266 (24,267) 42,953) 28,750,910) 260,801 -) 47,767,374) 6,978,665 54,746,039 Balance as of 31 December 2024
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan integral part of these consolidated financial statements
8
Page 447
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2025 2024
CASH FLOWS FROM OPERATING
ARUS KAS DARI AKTIVITAS OPERASI ACTIVITIES
Penerimaan bunga 18,904,206) 18,490,546) Receipt from interest
Penerimaan dari pendapatan syariah 5,222,214) 5,466,791) Receipt from sharia income
Pembayaran beban bunga (9,557,350) (8,199,894) Payments of interest expense
Pembayaran hak pihak ketiga atas bagi hasil Payments of third parties’ shares on return of
dana syirkah temporer (488,790) (507,230) temporary syirkah funds
Penerimaan pendapatan operasional lainnya 3,227,372) 2,815,370) Receipt from other operating income
Penerimaan kembali kredit yang telah
dihapusbukukan 181,324) 293,357) Recovery from written-off loans
Pembayaran beban kepegawaian (5,456,176) (4,857,185) Payments of personnel expenses
Pembayaran beban operasional lainnya (6,326,810) (6,598,078) Payments of other operating expenses
Penerimaan (pembayaran) lain-lain (39,756) 36,433) Other receipts (payments)
Pembayaran pajak penghasilan badan (709,303) (890,297) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset Cash flows before changes in operating
operasi, liabilitas operasi dan dana syirkah assets, operating liabilities and
temporer 4,956,931) 6,049,813) temporary syirkah funds
Perubahan dalam aset operasi, liabilitas operasi, Changes in operating assets, operating
dan dana syirkah temporer: liabilities, and temporary syirkah funds:
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Tagihan derivatif 77,211) (259,166) Derivative receivables
Tagihan akseptasi (458,839) (44,862) Acceptance receivables
Pinjaman yang diberikan (7,412,457) 3,859,784) Loans
Pembiayaan/piutang syariah (1,058,034) (458,285) Sharia financing/receivables
Piutang pembiayaan (4,270,854) (2,436,082) Financing receivables
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera 36,097) (22,708) Obligations due immediately
Simpanan nasabah 9,352,870) 13,440,703) Deposits from customers
Simpanan dari bank-bank lain 3,721,934) (10,056,924) Deposits from other banks
Liabilitas derivatif (445,181) 240,216) Derivative payables
Liabilitas akseptasi 52,159) 838,748) Acceptance payables
Kenaikan (penurunan) dana syirkah temporer 330,399) (321,468) Increase (decrease) in temporary syirkah funds
Arus kas bersih diperoleh dari aktivitas Net cash flows provided from
operasi 4,882,236) 10,829,769) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Pembelian efek-efek (25,493,425) (28,008,140) Purchase of securities
Penjualan efek-efek 28,180,422) 17,302,756) Proceeds from sale of securities
Akuisisi entitas anak – setelah dikurangi kas Acquisition of subsidiaries - net of cash
yang diperoleh -) (5,519,887) obtained
Pembelian aset tetap (307,848) (228,206) Purchases of fixed assets
Perolehan aset hak guna -) (18,040) Acquisition of right-of-use assets
Perolehan aset takberwujud 17 (353,295) (334,594) Acquisition of intangible assets
Hasil dari penjualan aset tetap 16 8,536) 41,720) Proceeds from sale of fixed assets
Arus kas bersih diperoleh dari (digunakan Net cash flows provided from (used in)
untuk) aktivitas investasi 2,034,390) (16,764,391) investing activities
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
9
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 445
Page 448
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2025 2024
)
CASH FLOWS FROM FINANCING
ARUS KAS DARI AKTIVITAS PENDANAAN ACTIVITIES
Penerimaan atas efek yang diterbitkan 4,116,050) 2,451,475) Proceeds of securities issued
Pelunasan atas efek yang diterbitkan (255,270) (681,000) Settlement of securities issued
Pembayaran biaya emisi atas surat berharga Payments of emission cost of securities
yang diterbitkan (10,097) (10,797) issued
Penerimaan dari pinjaman yang diterima 13,828,511) 14,020,604) Proceeds from borrowings
Pembayaran angsuran dan pelunasan Installment payments and settlement
pinjaman yang diterima (23,058,827) (13,100,624) of borrowings
Hasil right issues 1c -) 6,731,742) Proceeds from right issues
Biaya emisi right issues 1c -) (28,898) Right issues emission fee
Penjualan saham tresuri ke publik 664) 1,218) Sales of treasury shares to public
Pembayaran dividen (811,190) (683,958) Payments of dividend
Pembayaran pokok liabilitas sewa (77,217) (74,885) Payments of lease liabilities principals
Arus kas bersih (digunakan untuk) Net cash flows (used in) provided from
diperoleh dari aktivitas pendanaan (6,267,376) 8,624,877) financing activities
KENAIKAN BERSIH KAS DAN SETARA NET INCREASE IN CASH AND
KAS 649,250) 2,690,255) CASH EQUIVALENTS
DAMPAK PERUBAHAN SELISIH KURS EFFECT OF EXCHANGE RATE CHANGES
TERHADAP KAS DAN SETARA KAS (4,454) 4,759) ON CASH AND CASH EQUIVALENTS
SALDO KAS DAN SETARA KAS AWAL CASH AND CASH EQUIVALENTS AT THE
TAHUN 26,168,004) 23,472,990) BEGINNING OF THE YEAR
SALDO KAS DAN SETARA KAS AKHIR CASH AND CASH EQUIVALENTS AT THE
TAHUN 26,812,800) 26,168,004) END OF THE YEAR
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 4 1,246,542) 1,379,647) Cash
Giro pada Bank Indonesia 5 7,915,463) 9,443,461) Current accounts with Bank Indonesia
Giro pada bank-bank lain 6 1,306,952) 1,035,001) )Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 7a 14,922,235) 12,694,705) other banks
Efek-efek 8i 1,421,608) 1,615,190) Securities
26,812,800) 26,168,004)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS INFORMATION
AKTIVITAS YANG TIDAK MEMPENGARUHI
ARUS KAS ACTIVITIES NOT AFFECTING CASH FLOWS
Pembelian aset tetap yang Purchases of fixed assets which are still
masih terutang (410) (371) payable
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
10
446 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 449
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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 dan informasi umum a. Establishment and general information
PT Bank SMBC Indonesia Tbk (secara individu PT Bank SMBC Indonesia Tbk (individually
disebut ”SMBCI” atau “Bank”) yang berdomisili referred to as ”SMBCI” or the “Bank”) domiciled
di Jakarta Selatan sebelumnya bernama PT in South Jakarta formerly under the name of
BANK Tabungan Pensiunan Nasional Tbk. PT Bank Tabungan Pensiunan Nasional Tbk.
Perubahan nama ini dituangkan dalam akta This name change is stated in notarial deed No.
notaris No. 43 tanggal 29 Agustus 2024 yang 43 dated 29 August 2024 made by Notary
dibuat oleh Notaris Ashoya Ratam, S.H., M.Kn Ashoya Ratam, S.H., M.Kn and has been
dan telah disetujui oleh Menteri Hukum dan Hak approved by the Minister of Law and Human
Asasi Manusia melalui Surat Keputusan Nomor Rights through Decree Number AHU-
AHU-0054625.AH.01.02.Tahun 2024 tanggal 0054625.AH.01.02.Year 2024 dated 29 August
29 Agustus 2024, di mana Bank resmi 2024, where the Bank formally changed its
mengubah namanya menjadi PT Bank SMBC name to PT Bank SMBC Indonesia Tbk,
Indonesia Tbk efektif pada tanggal 2 Oktober effective on 2 October 2024.
2024.
PT BANK SMBC Indonesia Tbk sebelumnya PT BANK SMBC Indonesia Tbk, formerly under
bernama PT Bank Tabungan Pensiunan the name of PT Bank Tabungan Pensiunan
Nasional berdasarkan akta notaris No. 31 Nasional based on notarial deed No. 31 dated
tanggal 16 Februari 1985 dari Notaris Komar 16 February 1985 of Notary Komar
Andasasmita, S.H. Akta ini telah diubah dengan Andasasmita, S.H. The deed was amended by
akta notaris No. 12 tanggal 13 Juli 1985 dari notarial deed No. 12 dated 13 July 1985 of
Notaris Dedeh Ramdah Sukarna, S.H. Notary Dedeh Ramdah Sukarna, S.H. The
Anggaran Dasar telah disahkan oleh Menteri Articles of Association was approved by the
Kehakiman Republik Indonesia dengan surat Minister of Justice of the Republic of Indonesia
No. C2-4583HT01.01TH.85 tanggal 25 Juli in its decision letter No. C2-4583HT01.01TH.85
1985, dan diumumkan dalam Tambahan No. dated 25 July 1985 and published in
1148 Berita Negara Republik Indonesia No. 76 Supplement No. 1148 to State Gazette No. 76
tanggal 20 September 1985. dated 20 September 1985.
Bank diberikan izin untuk melanjutkan usaha The Bank was given permission to carry on the
bank sebagai kelanjutan usaha dari bank business as a continuity from Association
Perkumpulan Bank Pegawai Pensiunan Militer of Bank Pegawai Pensiunan Militer
(”BAPEMIL”) yang berkantor pusat di Bandung ("BAPEMIL") which having head office at
dan didirikan sejak tanggal 5 Februari 1958, Bandung and established since 5 February
berdasarkan Akta nomor 21 tanggal 6 Oktober 1958, according to the Deed number 21 dated
1959, yang diperbaiki dengan Akta nomor 203 6 October 1959, amended by Deed number 203
tanggal 31 Mei 1960 dan Akta nomor 53 tanggal dated 31 May 1960 and Deed number 53 dated
7 November 1960, dari Noezar, notaris di 7 November 1960, from Noezar, notary in
Bandung, yang dimuat dalam Berita Negara Bandung, which has been stipulated into the
Nomor 5 Tahun 1961 Anggaran Dasar Serikat State Gazzette Number 5 Year 1961 Anggaran
serikat Tambahan Berita Negara Republik Dasar Serikat serikat Supplement of State
Indonesia tanggal 14 Februari 1961 Nomor Gazzette of the Republic of Indonesia dated
13.Bank memperoleh izin usaha sebagai bank 14 February 1961 Number 13. The Bank
umum berdasarkan Keputusan Menteri obtained its license to operate as a commercial
Keuangan Republik Indonesia No. Kep- bank based on the Decree of Ministry of
055/KM.17/1993 tanggal 22 Maret 1993 dan Finance of the Republic Indonesia No. Kep-
surat Bank Indonesia No. 26/5/UPBD/PBD2/Bd 055/KM.17/1993 dated 22 March 1993 and the
tanggal 22 April 1993. Bank juga memperoleh letter of Bank Indonesia No.
izin untuk menjalankan Unit Usaha Syariah 26/5/UPBD/PBD2/Bd dated 22 April 1993. The
melalui surat Bank Indonesia No. Bank also obtained a license to operate its
10/2/DPIP/Prz/Bd tanggal 17 Januari 2008 Sharia Business Unit by the letter of Bank
yang telah dipindahkan ke PT Bank Tabungan Indonesia No. 10/2/DPIP/Prz/Bd dated
Pensiunan Nasional Syariah Tbk (anak 17 January 2008 which has been transferred to
perusahaan Bank) setelah pemisahan pada PT Bank Tabungan Pensiunan Nasional
tanggal 14 Juli 2014. Syariah Tbk (the Bank’s subsidiary) after a
spin-off on 14 July 2014.
Bank memperoleh izin melakukan kegiatan The Bank obtained its license to conduct
usaha dalam valuta asing berdasarkan surat foreign exchange activities based on the
Keputusan Otoritas Jasa Keuangan (“OJK”) No. Decree of Otoritas Jasa Keuangan (“OJK”) No.
382/PB.12/2015 tanggal 22 Desember 2015 382/PB.12/2015 dated 22 December 2015
tentang pemberian izin melakukan kegiatan regarding approval in conducting foreign
usaha dalam valuta asing. Bank mulai exchange activities. The Bank started to
melakukan kegiatan usaha sebagai bank operate as a foreign exchange bank on 16
devisa pada tanggal 16 Februari 2016. February 2016.
11
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 447
Page 450
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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 dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Bank memperoleh persetujuan dari OJK The Bank obtained approval from the OJK as a
sebagai Perusahaan Induk Konglomerasi Financial Conglomerate Holding Company
Keuangan (Operasional) berdasarkan surat (Operational) based on the OJK Board of
Keputusan Dewan Komisioner OJK No, KEP- Commissioners Decree No. KEP-6/KS.1/2025
6/KS.1/2025 tanggal 24 Juni 2025 tentang dated 24 June 2025 regarding the Approval of
Persetujuan Bank sebagai Perusahaan Induk the Bank as an Operational Financial
Konglomerasi Keuangan Operasional atas Conglomerate Holding Company for the SMBC
Konglomerasi Keuangan SMBC, yang Financial Conglomerate, which was submitted
disampaikan oleh OJK dengan surat No. SR- by the OJK in letter No. SR-11/KS.13/2025
11/KS.13/2025 tanggal 8 Juli 2025 dengan dated 8 July 2025, with the following structure
struktur Konglomerasi Keuangan SMBC of the SMBC Financial Conglomerate:
sebagai berikut:
a. PT Bank SMBC Indonesia Tbk sebagai a. PT Bank SMBC Indonesia Tbk as the
Perusahaan Induk Konglomerasi Holding Company of the Financial
Keuangan (”PIKK”); Conglomerate (”PIKK”);
b. PT Bank BTPN Syariah Tbk sebagai Anggota; b. PT Bank BTPN Syariah Tbk as a Member;
c. PT BTPN Syariah Ventura sebagai Anggota; c. PT BTPN Syariah Ventura as a Member;
d. PT Oto Multiartha sebagai Anggota; dan d. PT Oto Multiartha as a Member; and
e. PT Summit Oto Finance sebagai Anggota. e. PT Summit Oto Finance as a Member.
Anggaran Dasar Bank telah mengalami The Bank’s Articles of Association have been
beberapa kali perubahan. Perubahan Anggaran amended several times. The latest amendment
Dasar terakhir sehubungan dengan penunjukan to the Articles of Association in connection with
Bank sebagai PIKK Operasional dituangkan the appointment of the Bank as an Operational
dalam Akta Nomor 27 tanggal 14 Juli 2025 yang PIKK as specified into the Deed Number 27
dibuat oleh Ashoya Ratam, SH, MKn, Notaris di dated 14 July 2025 made by Ashoya Ratam,
Kota Administrasi Jakarta Selatan dan telah SH, MKn, Notary in Administrative City of South
diterima dan dicatat oleh Kementerian Hukum Jakarta and has been received and recorded by
Republik Indonesia melalui Surat Keputusan the Ministry of Law of the Republic of Indonesia
Nomor AHU-AH.01.03-0187261 tanggal 17 Juli through Decree Letter Number AHU-AH.01.03-
2025. 0187261 dated 17 July 2025.
Perubahan Anggaran Dasar Bank dalam The amendment of Articles of Association of the
rangka Peningkatan Modal Disetor dan Bank in order to Increase of the Issued and Paid
Ditempatkan Bank sehubungan dengan Up Capital in relation with the implementation
Pelaksanaan Penambahan Modal dengan of the Capital Increase Plan by Granting Pre-
Memberikan Hak Memesan Efek Terlebih emptive Rights II according to the Resolution of
Dahulu II sesuai dengan Keputusan RUPS Luar the Extraordinary GMS dated 7 December 2023
Biasa Bank tanggal 7 Desember 2023 as specified in the Deed of the Board of
sebagaimana dituangkan dalam Akta Commissioners Resolution Number 55 dated
Pernyataan Keputusan Rapat Dewan 21 March 2024 made by Ashoya Ratam, SH,
Komisaris Nomor 55 tanggal 21 Maret 2024 MKn, Notary in Administrative City of South
yang dibuat oleh Ashoya Ratam, SH, MKn, Jakarta and has been received and recorded in
Notaris di Kota Administrasi Jakarta Selatan Legal Entity Administration System through
dan telah diterima dan dicatat di dalam Sistem Decree Letter of Minister of Law and Human
Administrasi Badan Hukum melalui Surat right of the Republic of Indonesia No. AHU-
Keputusan Menteri Hukum dan Hak Asasi AH.01.03-0069408 dated 21 March 2024
Manusia Republik Indonesia Nomor AHU- regarding Acceptance of Notification of
AH.01.03-0069408 tanggal 21 Maret 2024 Amendment of Articles of Association of
perihal Penerimaan Pemberitahuan Perubahan PT BANK BTPN Tbk.
Anggaran Dasar PT BANK BTPN Tbk.
Susunan Dewan Komisaris terakhir Bank The latest composition of the Board of
sebagaimana dituangkan ke dalam Akta Commissioners of the Bank as specified into
Nomor 25 tanggal 22 April 2025 yang dibuat the Deed Number 25 dated 22 April 2025 made
oleh Ashoya Ratam, SH, MKn, Notaris di Kota by Ashoya Ratam, SH, MKn, Notary in
Administrasi Jakarta Selatan dan telah diterima Administrative City of South Jakarta and has
dan dicatat di dalam Sistem Administrasi Badan been received and recorded in Legal Entity
Hukum melalui Surat Keputusan Menteri Administration System through Decree Letter of
Hukum Republik Indonesia Nomor AHU- Minister of Laws of the Republic of Indonesia
AH.01.09-0210284 tanggal 28 April 2025 Number AHU-AH.01.09-0210284 dated
perihal Penerimaan Pemberitahuan Perubahan 28 April 2025 regarding Acceptance of
Data Perseroan PT Bank SMBC Indonesia Tbk. Notification of the Company’s Data Changes of
PT Bank SMBC Indonesia Tbk.
12
448 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 451
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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 dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Susunan Direksi terakhir Bank sebagaimana The latest composition of the Board of Directors
dituangkan ke dalam Akta Nomor 101 tanggal of the Bank as specified into the Deed Number
30 Juni 2025 yang dibuat oleh Ashoya Ratam, 101 dated 30 June 2025 made by Ashoya
SH, MKn, Notaris di Kota Administrasi Jakarta Ratam, SH, MKn, Notary in Administrative City
Selatan dan telah diterima dan dicatat di dalam of South Jakarta and has been received and
Sistem Administrasi Badan Hukum melalui recorded in Legal Entity Administration System
Surat Keputusan Menteri Hukum Republik through Decree Letter of Minister of Laws of the
Indonesia Nomor AHU-AH.01.09-0304714 Republic of Indonesia Number AHU-AH.01.09-
tanggal 1 Juli 2025 perihal Penerimaan 0304714 dated 1 July 2025 regarding
Pemberitahuan Perubahan Data Perseroan Acceptance of Notification of the Company’s
PT Bank SMBC Indonesia Tbk. Data Changes of PT Bank SMBC Indonesia
Tbk.
Sesuai dengan pasal 3 Anggaran Dasar Bank, In accordance with Article 3 of the Bank’s
maksud dan tujuan serta kegiatan Bank adalah Articles of Association, the Bank’s scope of
melakukan kegiatan dalam jasa bank umum activities is to engage in general banking
termasuk melakukan penyertaan modal pada services including capital investment in bank
bank yang melaksanakan kegiatan usaha conducting business based on sharia
berdasarkan prinsip syariah, sesuai dengan principles, in accordance with the prevailing
undang-undang dan peraturan yang berlaku di laws and regulations in Indonesia.
Indonesia.
Pemegang Saham Utama Bank adalah Majority Shareholder’s of the Bank is Sumitomo
Sumitomo Mitsui Banking Corporation Mitsui Banking Corporation (“SMBC”). SMBC
(“SMBC”). SMBC didirikan pada bulan April was established in April 2001. Sumitomo Mitsui
2001. Sumitomo Mitsui Financial Group, Inc. Financial Group, Inc. (“SMFG”) was established
(“SMFG”) didirikan pada bulan Desember 2002 in December 2002 and SMBC became a
dan SMBC menjadi anak perusahaan yang subsidiary fully owned by SMFG. SMFG is the
sepenuhnya dimiliki oleh SMFG. SMFG controlling shareholder and ultimate
merupakan pemegang saham pengendali dan shareholder of SMBCI.
pemegang saham terakhir (ultimate
shareholder) dari SMBCI.
SMBC berkantor pusat di Tokyo, Jepang dan SMBC’s Head Office is in Tokyo, Japan and
saat ini merupakan salah satu bank terbesar di currently one of the biggest banks in Japan with
Jepang dengan jaringan usaha yang telah a business network vastly spread throughout
menyebar ke beberapa wilayah di dunia. the world.
Berkantor Pusat di Tokyo, Jepang, SMFG With the Head Office in Tokyo, SMFG operates
bergerak dalam bidang manajemen anak in the management of banking subsidiaries and
perusahaan perbankan dan perusahaan lain other companies that can be treated as
yang dapat diperlakukan sebagai anak subsidiaries based on the provisions of
perusahaan berdasarkan ketentuan Undang- Japanese Banking Laws. In addition, SMFG
Undang Perbankan Jepang. Selain itu, SMFG carries out ancillary functions, as well as
melakukan fungsi-fungsi terkait (ancillary functions that can be executed by banking
functions), serta fungsi-fungsi yang dapat holding companies under the regulations of the
dilakukan oleh perusahaan holding perbankan Japanese Banking Laws.
di bawah ketentuan Undang-Undang
Perbankan Jepang.
Perusahaan-perusahaan yang tergabung Companies within the SMFG business group
dalam kelompok usaha SMFG terutama are mainly operating in commercial banking
bergerak di bidang perbankan komersial through such financial services as follows:
melalui layanan keuangan berikut: leasing, leasing, securities, consumer financing,
sekuritas, pembiayaan konsumen, keuangan, finance, system development data processing
pemrosesan data pengembangan sistem, dan and asset management.
manajemen aset.
Kantor pusat Bank berlokasi di Menara SMBC, The Bank’s head office is located at Menara
CBD Mega Kuningan, Jl. Dr. Ide Anak Agung SMBC, CBD Mega Kuningan, Jl. Dr. Ide Anak
Gde Agung Kav 5.5 - 5.6, Jakarta Selatan Agung Gde Agung Kav 5.5 - 5.6, Jakarta
12950. Selatan 12950.
13
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 449
Page 452
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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 dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Jumlah karyawan PT Bank SMBC Indonesia Tbk As of 31 December 2025 and 2024, PT Bank
dan entitas anaknya (secara bersama-sama SMBC Indonesia Tbk and its subsidiaries
disebut “Grup”) pada tanggal 31 Desember 2025 (together referred to as “the Group”) had 29,411
dan 2024, masing-masing adalah 29.411 dan and 29,382 employees, respectively
29.382 karyawan (tidak diaudit). (unaudited).
Jaringan distribusi Bank dan entitas anak pada The Bank and subsidiaries’ distribution network
tanggal 31 Desember 2025 dan 2024 as of 31 December 2025 and 2024 was
diungkapkan pada Catatan 49. disclosed in Note 49.
b. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia Indonesia
Berdasarkan keputusan Rapat Umum Based on the resolution of Extraordinary
Pemegang Saham Luar Biasa tanggal General Meeting of Shareholders dated
5 Oktober 2018 sebagaimana dinyatakan 5 October 2018 as stipulated in the Deed of
dalam Akta Risalah Rapat Umum Pemegang Minutes of Extraordinary General Meeting of
Saham Luar Biasa No. 09 tertanggal 5 Oktober Shareholders No. 09 dated 5 October 2018
2018 yang dibuat oleh Ashoya Ratam, SH, made by Ashoya Ratam, SH, MKn, Notary in
MKn, Notaris di Kota Administrasi Jakarta Administrative City of South Jakarta, it has
Selatan, telah disetujui Rencana approved the Proposed Merger of PT Bank
Penggabungan Usaha PT Bank Sumitomo Sumitomo Mitsui Indonesia (“BSMI”) and the
Mitsui Indonesia (“BSMI”) dengan Bank, Bank whereby BSMI acted as the Merging Bank
dimana BSMI bertindak sebagai bank yang and the Bank acted as the Merger-Recipient
menggabungkan diri dan Bank bertindak Bank or surviving bank, effective as of all the
sebagai bank penerima penggabungan, yang required approval being obtained (“Effective
berlaku sejak seluruh persetujuan yang Merger Date”).
disyaratkan diperoleh (“Tanggal Efektif
Penggabungan”).
Penggabungan menjadi efektif pada tanggal The Merger became effective on 1 February
1 Februari 2019, setelah diperolehnya 2019, after obtaining the approval from (i) OJK
persetujuan dari (i) OJK melalui surat through Decree of Board of Commissioners of
Keputusan Dewan Komisioner OJK Nomor OJK Number 35/KDK.03/2018 dated
35/KDK.03/2018 tanggal 20 Desember 2018 20 December 2018 regarding the Merger
tentang Pemberian Izin Penggabungan Usaha Approval of BSMI into the Bank; (ii) Japan
(Merger) BSMI ke dalam Bank; (ii) Japan Financial Services Agency (JFSA) through the
Financial Services Agency (JFSA) melalui surat Banking Supervisory letter No. 1788 and
Pengawas Perbankan No. 1788 dan No. 1789 No. 1789 dated 18 January 2019 regarding the
tertanggal 18 Januari 2019 perihal Persetujuan approval of Subsidiarization; and (iii) Minister
Subsidiarization; dan (iii) Menteri Hukum dan of Law and Human Rights of the Republic of
Hak Asasi Manusia Republik Indonesia Indonesia Directorate of Administration of
Direktorat Jenderal Administrasi Hukum Umum General Law by letter dated 22 January 2019
melalui surat tertanggal 22 Januari 2019 Nomor Number AHU-0006169.AH.01.10.Year 2019
AHU-0006169.AH.01.10. Tahun 2019 regarding the Approval of Amendment of
mengenai Persetujuan Perubahan Anggaran Articles of Association of Limited Liability
Dasar Perseroan Terbatas PT BANK BTPN Tbk Company PT BANK BTPN Tbk and letter dated
dan surat tertanggal 22 Januari 2019 Nomor 22 January 2019 Number AHU-AH.01.03-
AHU-AH.01.03-0044411 mengenai 0044411 regarding the Acceptance of
Penerimaan Pemberitahuan Perubahan Data Notification of Company Data Submission of
Perseroan PT BANK BTPN Tbk serta surat PT BANK BTPN Tbk as well as letter dated
tertanggal 22 Januari 2019 Nomor 22 January 2019 Number
AHU-AH.01.10-0006176 mengenai AHU-AH.01.10-0006176 regarding
Penerimaan Pemberitahuan Penggabungan Acceptance on Notification of Merger of
Perseroan PT BANK BTPN Tbk. PT BANK BTPN Tbk.
14
450 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 453
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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)
b. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia (lanjutan) Indonesia (continued)
Sehubungan dengan penggabungan usaha In relation with merger between PT Bank
antara PT Bank Tabungan Pensiunan Nasional Tabungan Pensiunan Nasional Tbk ("BTPN")
Tbk (“BTPN”) dan PT Bank Sumitomo Mitsui and PT Bank Sumitomo Mitsui Indonesia
Indonesia (“BSMI”), penggabungan usaha ("BSMI"), the merger was conducted through
dilakukan melalui penerbitan instrumen ekuitas the issuance of equity instrument of BTPN to
BTPN kepada Sumitomo Mitsui Banking Sumitomo Mitsui Banking Corporation (the
Corporation (pemegang saham BTPN dan shareholder of both BTPN and BSMI) of
BSMI) sebesar 2.296.846.112 lembar saham 2,296,846,112 fully paid ordinary shares of
biasa disetor penuh dengan nilai nominal BTPN with nominal value amounting to Rp 20
sebesar Rp 20 (nilai penuh) per saham. (full amount) per share.
Nilai wajar saham BTPN pada tanggal The fair value of BTPN’s shares as of
1 Februari 2019 adalah Rp 4.282 (nilai penuh) 1 February 2019 was Rp 4,282 (full amount)
per lembar saham. Rasio konversi atas per share. Conversion ratio of the conversion
konversi saham BSMI menjadi saham BTPN of BSMI’s share into BTPN’s share was
adalah sebesar 799,1971. 799.1971.
Penggabungan usaha antara BTPN dan BSMI The merger between BTPN and BSMI is a
merupakan transaksi penggabungan usaha business combination under common control
entitas sepengendali. Pada tanggal efektif transaction. As at the effective date of merger,
merger, baik BTPN dan BSMI merupakan both BTPN and BSMI are entites under
entitas sepengendalian dan hubungan common control and the common control
sepengendalian tersebut tidak bersifat relationship is not transitory. Business
sementara. Transaksi kombinasi bisnis antara combination transaction between entites under
entitas sepengendali dilakukan dalam rangka common control is done in the event of
reorganisasi entitas-entitas yang berada dalam reorganisation of entities under the same
suatu kelompok yang sama dan bukan group which does not constitute change in
merupakan perubahan kepemilikan dalam arti ownership by economic substance. Therefore,
substansi ekonomi. Oleh karena itu, transaksi the transaction is recognized at carrying
ini diakui pada jumlah tercatat berdasarkan amount under pooling of interest method.
metode penyatuan kepemilikan (pooling of
interest).
Selisih nilai transfer entitas sepengendali Net transfer under common control entities
di atas dicatat sebagai tambahan modal disetor. above was recorded as additional paid-in
Atas transaksi ini, Bank mencatat tambahan capital. As a result of this transaction, the Bank
modal disetor dan agio saham masing-masing recorded additional share capital and paid-in
sebesar Rp 45.937 dan Rp 9.708.197. capital amounting to Rp 45,937 and
Rp 9,708,197, respectively.
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
Actions
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Based on Extraordinary General Meeting of
Luar Biasa (RUPSLB) tanggal 8 Juni 2007, para Shareholders (EGMS) dated 8 June 2007, the
pemegang saham menyetujui rencana shareholders approved the Initial Public
Penawaran Umum Saham Perdana Biasa Offering of Ordinary Shares plan to public
kepada masyarakat melalui pasar modal serta through capital market and listing of the Bank’s
melakukan pencatatan saham Bank di Bursa shares at Indonesia Stock Exchange.
Efek Indonesia.
15
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 451
Page 454
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Penawaran Umum Perdana Saham (lanjutan) Initial Public Offering (continued)
Bank melakukan penawaran umum perdana The Bank undertook an initial public offering of
atas 267.960.220 saham dengan nilai nominal 267,960,220 shares with a nominal value of
sebesar Rp 100 (nilai penuh) setiap saham Rp 100 (full amount) per share with offering
dengan harga penawaran setiap saham price of Rp 2,850 (full amount) per share to the
sebesar Rp 2.850 (nilai penuh) kepada public in Indonesia. The shares were listed at
masyarakat di Indonesia. Saham tersebut Indonesia Stock Exchange on 12 March 2008.
dicatat di Bursa Efek Indonesia pada tanggal
12 Maret 2008.
Persetujuan atas Penawaran Umum Perdana Approval of the Initial Public Offering based on
Saham berdasarkan Surat dari Bapepam Letter from Bapepam No.S-1253/BL/2008
No. S-1253/BL/2008 tanggal 29 Februari 2008 dated 29 February 2008 regarding Notification
perihal Pemberitahuan Efektifnya Penyataan of the Effectiveness of the Registration
Pendaftaran. Statement.
Penambahan modal melalui Hak Memesan Increase of capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) Right (“HMETD”)
Berdasarkan RUPSLB tanggal 25 November Based on the EGMS dated 25 November 2010,
2010, para pemegang saham menyetujui the shareholders approved the Bank’s plan to
rencana Bank untuk menambah modal increase the Bank’s share capital through the
sahamnya melalui penerbitan Hak Memesan issuance of Pre-Emptive Right I (“HMETD I”),
Efek Terlebih Dahulu I (“HMETD I”), dengan by issuing shares from the Bank’s portfolio
cara mengeluarkan saham dari portepel Bank. shares.
Pada tanggal 10 Desember 2010 telah On 10 December 2010, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange
sebanyak 188.787.238 saham baru dengan with 188,787,238 new registered shares with
nominal Rp 100 (nilai penuh) per saham value of Rp 100 (full amount) per share;
sehingga jumlah saham yang ditempatkan dan accordingly, the number of shares issued and
disetor penuh yang semula sebesar fully paid changed from 943,936,190 shares to
943.936.190 saham menjadi sejumlah 1,132,723,428 shares.
1.132.723.428 saham.
Persetujuan atas Penerbitan HMETD I Approval of the Issuance of HMETD I based on
berdasarkan Surat dari Bapepam Letter from Bapepam No.S-10615/BL/2010
No.S-10615/BL/2010 tanggal 24 November dated 24 November 2010 regarding Notification
2010 perihal Pemberitahuan Efektifnya of the Effectiveness of the Registration
Penyataan Pendaftaran. Statement.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 18,878 additional share
sebesar Rp 18.878 dan agio saham sebesar capital and Rp 1,293,458 additional paid-in
Rp 1.293.458. capital.
16
452 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 455
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Penambahan modal melalui Hak Memesan Increase of capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) (lanjutan) Right (“HMETD”) (continued)
Berdasarkan RUPSLB tanggal 7 Desember Based on the EGMS dated 7 December 2023,
2023, para pemegang saham menyetujui the shareholders approved the Bank’s plan to
rencana Bank untuk melakukan Penambahan increase the Bank’s share capital by granting
Modal dengan Memberikan Hak Memesan Efek pre-emptive rights II ("PMHMETD II"). The
Terlebih Dahulu II (“PMHMETD II”). Bank telah Bank has obtained an effective statement
memperoleh pernyataan efektif atas regarding PMHMETD II from the Financial
PMHMETD II tersebut dari Otoritas Jasa Services Authority with letter Number S-
Keuangan melalui surat Nomor S-29/D.04/2024 29/D.04/2024 dated 19 February 2024. Based
tanggal 19 Februari 2024. Berdasarkan on the disclosure of information to shareholders
keterbukaan informasi kepada pemegang regarding PMHMETD II on 11 December 2023,
saham dalam rangka PMHMETD II pada the Bank has disclosed its plan to use the
tanggal 11 Desember 2023, Bank telah proceed from the PMHMETD II fund to expand
mengungkapkan rencana penggunaan dana and invest through the acquisition of financing
PMHMETD II tersebut adalah untuk melakukan business companies namely PT Oto Multiartha
ekspansi dan investasi usaha melalui and PT Summit Oto Finance, from SMBC and
pengambilalihan perusahaan-perusahaan yang PT Summit Auto Group (which was a joint
bergerak di kegiatan usaha pembiayaan yaitu venture of PT Summit Auto Group, SMBC and
PT Oto Multiartha dan PT Summit Oto Finance, PT Sinar Mas Multiartha Tbk).
dari SMBC dan PT Summit Auto Group (yang
saat itu merupakan joint venture dari PT Summit
Auto Group, SMBC dan PT Sinar Mas
Multiartha Tbk).
Pada tanggal 26 Februari 2024 telah dicatatkan On 26 February 2024, the Bank’s shares were
pada Bursa Efek Indonesia sebanyak listed at the Indonesia Stock Exchange with
2.589.131.077 saham baru dengan nominal 2,589,131,077 new registered shares with
Rp20,00 (nilai penuh) per saham sehingga value of Rp20.00 (full amount) per share;
jumlah saham yang ditempatkan dan disetor accordingly, the number of shares issued and
penuh yang semula sebesar 8.056.814.671 fully paid changed from 8,056,814,671 shares
saham menjadi sejumlah 10.645.945.748 to 10,645,945,748 shares. The Bank obtained
saham. Bank mendapatkan tambahan modal Rp 51,783 additional share and Rp 6,651,061
disetor sebesar Rp 51.783 dan agio saham additional paid-in capital.
sebesar Rp 6.651.061.
Pemecahan saham Stock split
Berdasarkan RUPSLB tanggal 25 Februari j Based on EGSM dated 25 February 2011, the
2011, para pemegang saham menyetujui n shareholders approved the Bank’s plan to split
rencana Bank untuk melakukan pemecahan n share from nominal value of Rp 100 (full
nilai nominal saham dari Rp 100 (nilai penuh) n amount) per share to Rp 20 (full amount) per
per saham menjadi Rp 20 (nilai penuh) per j share; accordingly, it changed the number of
saham, sehingga jumlah saham yang n shares issued and fully paid from
ditempatkan dan disetor penuh yang semula j 1,132,723,428 shares with nominal value of
sebesar 1.132.723.428 saham dengan nilai n Rp 100 (full amount) per share to
nominal Rp 100 (nilai penuh) per saham akan s 5,663,617,140 shares with nominal value of
menjadi sejumlah 5.663.617.140 saham j Rp 20 (full amount) per share.
dengan nilai nominal Rp 20 (nilai penuh) per n
saham.
Pada tanggal 28 Maret 2011, saham Bank On 28 March 2011, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange for
sebanyak 5.606.980.970 saham dengan nilai 5,606,980,970 shares with nominal value of
nominal Rp 20 (nilai penuh) per saham. Rp 20 (full amount) per share.
17
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 453
Page 456
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Peningkatan modal melalui Convertible Capital increase through Convertible Loan
Loan
Pada tanggal 14 Maret 2012, Bank telah On 14 March 2012, the Bank obtained
mendapatkan persetujuan untuk meningkatkan an approval to increase issued and paid-up
modal ditempatkan dan modal disetor dengan capital by issuing 176,670,117 shares from the
mengeluarkan 176.670.117 saham baru dari Bank’s unissued shares to International
portepel kepada International Finance Finance Corporation (“IFC”) in accordance with
Corporation (“IFC”) sesuai dengan syarat dan terms and condition in the Convertible Loan
ketentuan Convertible Loan Agreement. Agreement. Afterwards, those Bank’s shares
Setelah itu, saham tersebut telah tercatat pada were listed at Indonesia Stock Exchange. Total
Bursa Efek Indonesia. Total modal disetor dan issued and paid-up capital of the Bank after the
ditempatkan Bank setelah Penambahan Modal Capital Increases without Pre-Emptive Rights
Tanpa Hak Memesan Efek Terlebih Dahulu was 5,840,287,257 shares.
menjadi 5.840.287.257 saham.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 3,533 additional share
sebesar Rp 3.533 dan agio saham sebesar capital and Rp 135,927 additional paid-in
Rp 135.927. capital.
Pembelian kembali saham Shares buyback
Melalui surat OJK No. S-20/PB.31/2016 The Bank was approved by OJK to conduct
tanggal 18 Februari 2016, Bank telah shares buyback by letter No. S-20/PB.31/2016
memperoleh persetujuan OJK untuk melakukan dated 18 February 2016. In the implementation
pembelian kembali (buyback) saham. Dalam of shares buyback by the Bank, the allocated
pelaksanaan pembelian kembali saham yang fund up to Rp 535,500 to buy up to 150,000,000
dikeluarkan oleh Bank, jumlah alokasi dana shares or 2.57% of the Bank’s issued and fully
tidak melebihi Rp 535.500 untuk membeli paid-up capital shall be done between
sebanyak-banyaknya 150.000.000 saham atau 23 February 2016 and 23 May 2016. Up to
2,57% dari modal ditempatkan dan disetor 23 May 2016, the Bank had repurchased
penuh Bank, yang akan dilakukan dalam 95,198,900 shares using total purchasing fund
periode dari tanggal 23 Februari 2016 sampai amounting to Rp 262,874.
dengan 23 Mei 2016. Sampai dengan tanggal
23 Mei 2016, Bank telah membeli kembali
saham Bank sebanyak 95.198.900 lembar
saham dengan total dana pembelian sebesar
Rp 262.874.
Tujuan dari pembelian kembali saham adalah The objective of conducting shares buyback is
untuk memberikan fleksibilitas untuk mencapai to provide flexibility to achieve an efficient
struktur permodalan yang efisien dan capital structure and enable the Bank to lower
memungkinkan untuk menurunkan keseluruhan the overall cost of capital, increasing the
biaya modal, meningkatkan laba per saham Earnings per Share (EPS) and Return on Equity
(EPS), serta Return on Equity (ROE) secara (ROE) on an on-going basis.
berkelanjutan.
18
454 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 457
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Pengalihan Saham Tresuri Transfer of Treasury Shares
Di dalam rangka memenuhi Peraturan OJK In compliance with OJK Regulation
No.02/POJK.04/2013 tanggal 26 Agustus 2013 No.02/POJK.04/2013 dated 26 August 2013
mengenai Pembelian Kembali Saham yang regarding the Buyback of Issued Shares by
Dikeluarkan oleh Emiten atau Perusahaan Issuers or Public Companies in Significantly
Publik dalam Kondisi Pasar yang Berfluktuasi Fluctuating Market Conditions and the
secara signifikan dan keputusan Rapat Umum resolution of the Annual General Meeting of
Pemegang Saham Tahunan tanggal 22 April Shareholders dated 22 April 2021 on the sixth
2021 atas agenda keenam mengenai agenda regarding the transfer of shares
pengalihan saham hasil pembelian kembali resulted from the buy back which are retained
yang disimpan sebagai saham tresuri untuk as treasury shares to be utilized for variable
pemberian remunerasi yang bersifat variable, remuneration, hence on 31 August 2021, the
maka pada tanggal 31 Agustus 2021, Bank Bank has transferred 2,633,202 shares
telah mengalihkan sebanyak 2.633.202 saham registered under treasury shares to Material
yang dicatat sebagai saham tresuri kepada Risk Takers. While the remaining 92,565,698
para Material Risk Takers. Sementara itu, shares registered under treasury shares will be
sebanyak 92.565.698 sisa saham yang dicatat sold back to the market through Stock
sebagai saham tresuri akan dijual kembali ke Exchange starting 14 October 2021.
pasar melalui Bursa Efek mulai tanggal
14 Oktober 2021.
Rapat Umum Pemegang Saham Luar Biasa Extraordinary General Meeting of Shareholders
tanggal 7 Desember 2023 telah menyetujui dated 7 December 2023 approved the
penarikan 92.292.198 saham tresuri atau withdrawal of 92,292,198 treasury shares or
sebesar Rp 1.846 (untuk nominal Rp 20 (nilai amounted Rp 1,846 (for nominal Rp 20 (full
penuh) per saham) dan karenanya akan amount) per share) and therefore will reduce
mengurangi modal Diterbitkan serta Modal the Issued as well as Paid-up Capital and
Disetor Bank dan menambah Modal Dalam increase the Portfolio Capital, subject to the
Portepel, apabila Kreditur tidak keberatan Creditor’s objection within particular time limit
dengan rencana ini dalam batas jangka waktu according to the Law of Republic of Indonesia
tertentu sesuai dengan Undang-undang on Limited Liability Company No.40 year 2007.
Republik Indonesia tentang Perseroan
Terbatas No.40 tahun 2007.
Dengan lewatnya jangka waktu penyampaian By the lapsing of the time period on Creditor’s
keberatan dari Kreditur atas perubahan modal objection filing in regards to the capital changes
sebagaimana dimaksud dalam Undang- as meant by the Law No. 40 of 2007 on Limited
undang No.40 tahun 2007 tentang Perseroan Liability Company, the changes in the articles
Terbatas, maka perubahan anggaran dasar of association has been stipulated in the Deed
sebagaimana dituangkan dalam Akta No. 07 No. 7 dated 7 December 2023 which was made
tanggal 7 Desember 2023 yang dibuat oleh by Notary Ashoya Ratam SH, MKn,
Ashoya Ratam, SH, MKn, telah mendapat and has been approved by the Minister of Law
persetujuan dari Kementerian Hukum dan Hak and Human Rights No.AHU-
Asasi Manusia Republik Indonesia melalui surat 0082757.AH.01.02.Tahun 2023 dated
nomor AHU 0082757.AH.01.02 tahun 2023 7 February 2024.
tanggal 7 Februari 2024.
d. Efek-efek yang diterbitkan d. Securities issued
Utang obligasi Bonds payable
Bank Bank
Tanggal
Pernyataan Jumlah jatuh Tingkat bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate per
Nama/Name registration Approval value Tenor date annum
Obligasi Berkelanjutan 27 Dinyatakan efektif oleh OJK,
IV Bank BTPN Tahap I November/ melalui suratnya
Tahun 2019 Dengan November No. S-168/D.04/2019 tanggal
Tingkat Bunga Tetap 2019 15 November 2019/
(“Obligasi Berkelanjutan Became effective by OJK Seri/Series 26 7.75%
Seri/Series
IV Tahap I”)/ Bank through its letter No.S- B: 5 tahun/ November/
B: 201,000
BTPN Shelf Registered 168/D.04/2019 dated years November
Bonds IV Phase I Year 15 November 2019 2024
2019 with a fixed
interest rate (“Shelf
Registered Bonds IV
Phase I”)
19
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 455
Page 458
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Efek-efek yang diterbitkan (lanjutan) d. Securities issued (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
Bank (lanjutan) Bank (continued)
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan V 27 Juni/ Dinyatakan efektif oleh OJK, Seri/Series
Seri/Series
Bank BTPN Tahap I Tahun June 2024 melalui suratnya A: 3 tahun/ 5 Juli/ July 7.00%
A: 114,755
2024 Dengan Tingkat No. S-82/D.04/2024 tanggal years 2027
Bunga Tetap (“Obligasi 27 Juni 2024/
Berkelanjutan V Tahap I”)/ Became effective by OJK
Bank BTPN Shelf through its letter No.
Seri/Series
Registered Bonds V S-82/D.04/2024 dated Seri/Series
B: 5 tahun/ 5 Juli/ July 7.10%
Phase I Year 2024 with a 27 June 2024 B: 240,305
years 2029
fixed interest rate (“Shelf
Registered Bonds V
Phase I”)
Obligasi Berkelanjutan V 27 Juni/ Dinyatakan efektif oleh OJK, Seri/Series 17
Seri/Series
Bank SMBC Indonesia June 2024 melalui suratnya A: 3 tahun/ Desember/ 6,70%
A: 429,910
Tahap II Tahun 2024 No. S-82/D.04/2024 tanggal years December
Dengan Tingkat Bunga 27 Juni 2024/ 2027
Tetap (“Obligasi Became effective by OJK
Berkelanjutan V Tahap II”)/ through its letter No.
Bank SMBC Indonesia S-82/D.04/2024 dated Seri/Series 17
Seri/Series
Shelf Registered Bonds V 27 June 2024 B: 5 tahun/ Desember/ 6.95%
B: 966,505
Phase II Year 2024 with a years December
fixed interest rate (“Shelf 2029
Registered Bonds V
Phase II”)
Obligasi Berkelanjutan V 27 Juni/ Dinyatakan efektif oleh OJK, Seri/Series 2
Seri/Series
Bank SMBC Indonesia June 2024 melalui suratnya A: 3 tahun/ September/ 6,10%
A: 670,650
Tahap III Tahun 2025 No. S-82/D.04/2024 tanggal years September
Dengan Tingkat Bunga 27 Juni 2024/ 2028
Tetap (“Obligasi Became effective by OJK
Berkelanjutan V Tahap through its letter No.
III”)/ Bank SMBC S-82/D.04/2024 dated
Seri/Series 2
Indonesia Shelf 27 June 2024 Seri/Series
B: 5 tahun/ September/ 6.20%
Registered Bonds V B: 145,400
years September
Phase III Year 2025 with a
2030
fixed interest rate (“Shelf
Registered Bonds V
Phase III”)
Seluruh utang obligasi yang diterbitkan Bank All bonds issued by the Bank were listed at the
dicatatkan di Bursa Efek Indonesia dan Indonesia Stock Exchange and the funds are
dananya dipergunakan untuk pertumbuhan used for business growth in form of credit
usaha dalam bentuk ekspansi kredit. expansion.
PT Bank Mega Tbk bertindak sebagai Wali PT Bank Mega Tbk acts as the Trustee for Shelf
Amanat atas Obligasi Berkelanjutan IV Tahap I Registered Bonds IV Phase I Year 2019, Shelf
Tahun 2019, Obligasi Berkelanjutan V Tahap I Registered Bonds V Phase I and II Year 2024,
dan II Tahun 2024 dan Obligasi Berkelanjutan and Shelf Registered Bonds V Phase III Year
V Tahap III Tahun 2025. 2025.
PT Oto Multiartha PT Oto Multiartha
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan I 26 Juni/June Dinyatakan efektif oleh OJK, Seri/Series
Seri/Series
Oto Multiartha Tahap I 2023 melalui suratnya A: 3 tahun/ 7 Juli/July
A: 315,000 6.35%
Tahun 2023/ Oto No.S-142/D.04/2023 tanggal years 2026
Multiartha Shelf 26 Juni 2023 / Became
Registered Bonds I Phase effective by OJK through its Seri/Series
Seri/Series
I Year 2023 letter No.S-142/D.04/2023 B: 5 tahun/ 7 Juli/July
B: 185,000 6.50%
dated 26 June 2023 years 2028
20
456 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 459
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Efek-efek yang diterbitkan (lanjutan) d. Securities issued (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan I Oto 26 Juni/June Dinyatakan efektif oleh OJK, Seri/Series 14
Multiartha Tahap II Tahun 2023 Seri/Series
melalui suratnya A: 370 hari/ September/
2024/ Oto Multiartha Shelf A: 255,270 6.55%
No.S-142/D.04/2023 tanggal days September
Registered Bonds I Phase II 26 Juni 2023 / Became 2025
Year 2024 effective by OJK through its Seri/Series 4
Seri/Series
letter No.S-142/D.04/2023 B: 3 tahun/ September/
B: 114,705 6.90%
dated 26 June 2023 years September
2027
Seri/Series 4
Seri/Series
C: 5 tahun/ September/
C: 330,025 7.10%
years September
2029
Obligasi Berkelanjutan I Oto 26 Juni/June Dinyatakan efektif oleh OJK, Seri/Series
Multiartha Tahap III Tahun 2023 Seri/Series
melalui suratnya A: 370 hari/ 7 April/
2025/ Oto Multiartha Shelf A: 438,300 6.40%
No.S-142/D.04/2023 tanggal days April 2026
Registered Bonds I Phase 26 Juni 2023 / Became
III Year 2025 effective by OJK through its Seri/Series
Seri/Series
letter No.S-142/D.04/2023 B: 3 tahun/ 27 Maret/
B: 29,500 6.80%
dated 26 June 2023 years March 2028
Seri/Series
Seri/Series
C: 5 tahun/ 27 Maret/
C: 332,200 7.00%
years March 2030
Obligasi Berkelanjutan I Oto 26 Juni/June Dinyatakan efektif oleh OJK, Seri/Series
Multiartha Tahap IV Tahun 2023 Seri/Series
melalui suratnya A: 3 tahun/ 18 Juni/
2025/ Oto Multiartha Shelf A: 300,000 7.00%
No.S-142/D.04/2023 tanggal years June 2028
Registered Bonds I Phase 26 Juni 2023 / Became
IV Year 2025 effective by OJK through its Seri/Series
Seri/Series
letter No.S-142/D.04/2023 B: 5 tahun/ 18 Juni/
B: 700,000 7.20%
dated 26 June 2023 years June 2030
Semua obligasi yang beredar telah terdaftar di All of the bonds issued were listed at the
Bursa Efek Indonesia. Indonesia Stock Exchange.
PT Bank Mandiri (Persero) Tbk bertindak PT Bank Mandiri (Persero) Tbk acts as the
sebagai Wali Amanat atas Obligasi Trustee for Oto Multiartha Shelf Registered
Berkelanjutan I Oto Multiartha Tahap I Tahun Bonds I Phase I Year 2023, Oto Multiartha Shelf
2023, Obligasi Berkelanjutan I Oto Multiartha Registered Bonds I Phase II Year 2024, Oto
Tahap II Tahun 2024, Obligasi Berkelanjutan I Multiartha Shelf Registered Bonds I Phase III
Oto Multiartha Tahap III Tahun 2025 dan Year 2025, and Oto Multiartha Shelf Registered
Obligasi Berkelanjutan I Oto Multiartha Tahap Bonds I Phase IV Year 2025
IV Tahun 2025.
PT Summit Oto Finance PT Summit Oto Finance
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi I Summit Oto 19 Juni/June Dinyatakan efektif oleh OJK, Seri/Series
Finance Tahun 2025/ 2025 Seri/Series
melalui suratnya A: 370 hari/ 5 Juli/
Summit Oto Finance Bond I A: 581,500 6.55%
No.S-39/D.04/2025 tanggal days July 2026
Year 2025 19 Juni 2025 / Became
effective by OJK through its Seri/Series
Seri/Series
letter No.S-39/D.04/2025 B: 3 tahun/ 25 Juni/
B: 548,400 7.35%
dated 19 June 2025 years June 2028
Seri/Series Seri/Series
25 Juni/
C: 370,100 C: 4 tahun/ 7.45%
June 2029
years
21
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 457
Page 460
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Efek-efek yang diterbitkan (lanjutan) d. Securities issued (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
PT Summit Oto Finance PT Summit Oto Finance
Semua obligasi yang beredar telah terdaftar di All of the bonds issued were listed at the
Bursa Efek Indonesia. Indonesia Stock Exchange.
PT Bank Mandiri (Persero) Tbk bertindak PT Bank Mandiri (Persero) Tbk acts as the
sebagai Wali Amanat atas Obligasi I Summit Trustee for Summit Oto Finance Bond I Year
Oto Finance Tahun 2025. 2025.
e. Dewan Komisaris, Direksi, Komite Audit, e. Board of Commissioners, Board of
Sekretaris Perusahaan dan Satuan Kerja Directors, Audit Committee, Corporate
Audit Internal Secretary and Internal Audit Unit
Pada tanggal 31 Desember 2025 dan As of 31 December 2025 and 2024, the
2024, susunan Dewan Komisaris dan Direksi composition of Board of Commissioners and
Bank adalah sebagai berikut: Board of Directors was as follows:
31 Desember/December
2025 2024
Dewan Komisaris Board of Commissioners
Komisaris Utama Chow Ying Hoong Chow Ying Hoong President Commissioner
Komisaris Takeshi Kimoto Takeshi Kimoto Commissioner
Komisaris Independen Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan Independent Commissioner
Komisaris Independen Onny Widjanarko Onny Widjanarko Independent Commissioner
Komisaris Independen Kusumaningtuti Sandriharmy Edmund Tondobala1) Independent Commissioner
Soetiono3)
Komisaris - Ongki Wanadjati Dana2) Commissioner
Komisaris Independen Marita Alisjahbana Marita Alisjahbana Independent Commissioner
Direksi Board of Directors
Direktur Utama Henoch Munandar Henoch Munandar President Director
Wakil Direktur Utama Jun Saito7) Kaoru Furuya4) Deputy President Director
Wakil Direktur Utama Michellina Laksmi Darmadi Sutanto5) Deputy President Director
Triwardhany8)
Direktur Kepatuhan Dini Herdini Dini Herdini Compliance Director
Direktur Atsushi Hino Atsushi Hino Director
Direktur Yuki Terayama9) Keishi Kobata6) Director
Direktur Merisa Darwis Merisa Darwis Director
Direktur Hanna Tantani Hanna Tantani Director
1) Edmund Tondobala habis masa jabatannya dan tidak diangkat kembali 1) Term of office of Edmund Tondobalas has ended and he was not
sebagai Komisaris Independen pada RUPS Tahunan tanggal 22 April 2025. reappointed as an Independent Commissioner at Annual GMS on 22 April
2025.
2) Ongki Wanadjati Dana habis masa jabatannya dan tidak diangkat kembali 2) Term of office of Ongki Wanadjati Dana has ended and he was not
sebagai Komisaris pada RUPS Tahunan tanggal 22 April 2025. reappointed as a Commissioner at Annual GMS on 22 April 2025.
3) Kusumaningtuti Sandriharmy Soetiono diangkat dan efektif menjabat 3) Kusumaningtuti Sandriharmy Soetiono was appointed and effectively
sebagai Komisaris Independen pada RUPS Tahunan tanggal 22 April 2025. assume the office as Independent Commissioner at Annual GMS on
22 April 2025.
4) Kaoru Furuya habis masa jabatannya dan tidak diangkat kembali sebagai 4) Term of office of Kaoru Furuya has ended and he was not reappointed as
Wakil Direktur Utama pada RUPS Tahunan tanggal 22 April 2025. Deputy President Director at the Annual GMS on 22 April 2025.
5) Darmadi Sutanto habis masa jabatannya dan tidak diangkat kembali 5) Term of office of Darmadi Sutanto has ended and he was not reappointed
sebagai Wakil Direktur Utama pada RUPS Tahunan tanggal 22 April 2025. as Deputy President Director at Annual GMS on 22 April 2025.
6) Keishi Kobata habis masa jabatannya dan tidak diangkat kembali sebagai 6) Term of office of Keishi Kobata has ended and he was not reappointed as
Direktur pada RUPS Tahunan tanggal 22 April 2025. Director at Annual GMS on 22 April 2025.
7) Jun Saito diangkat sebagai Wakil Direktur Utama pada RUPS Tahunan 7) Jun Saito was appointed as Deputy President Director at Annual GMS on
tanggal 22 April 2025 dan efektif menjabat sejak tanggal 23 Mei 2025. 22 April 2025 and effectively assume the office on 23 May 2025.
8) Michellina Laksmi Triwardhany diangkat sebagai Wakil Direktur Utama 8) Michellina Laksmi Triwardhany was appointed as Deputy President
pada RUPS Tahunan tanggal 22 April 2025 dan efektif menjabat sejak Director at Annual GMS on 22 April 2025 and effectively assume the office
tanggal 26 Juni 2025. on 26 June 2025.
9) Yuki Terayama diangkat sebagai Direktur pada RUPS Tahunan tanggal 9) Yuki Terayama was appointed as Director at Annual GMS on 22 April
22 April 2025 dan efektif menjabat sejak tanggal 27 Mei 2025. 2025 and effectively assume the office on 27 May 2025.
Susunan Komite Audit Bank pada tanggal The composition of the Audit Committee as of
31 Desember 2025 dan 2024 terdiri dari: 31 December 2025 and 2024 was as follows:
31 Desember/December
2025 2024
Ketua Onny Widjanarko Ninik Herlani Masli Ridhwan Chairman
Kusumaningtuti
Anggota Sandriharmy Soetiono Edmund Tondobala Member
Anggota Aria Kanaka Aria Kanaka Member
Anggota Marita Alisjahbana Ivan Purnama Sanoesi Member
Anggota Jacobus Sindu Adisuwono - Member
22
458 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 461
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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)
e. Dewan Komisaris, Direksi, Komite Audit, e. Board of Commissioners, Board of
Sekretaris Perusahaan dan Satuan Kerja Directors, Audit Committee, Corporate
Audit Internal (lanjutan) Secretary and Internal Audit Unit (continued)
Sekretaris Perusahaan Corporate Secretary
Sekretaris Perusahaan pada tanggal The Corporate Secretary as of
31 Desember 2025 dan 2024 adalah Eneng 31 December 2025 and 2024 was Eneng Yulie
Yulie Andriani. Andriani.
Satuan Kerja Audit Internal Internal Audit Unit
Kepala Satuan Kerja Audit Internal pada Head of Internal Audit as of
tanggal 31 Desember 2025 dan 2024 adalah 31 December 2025 and 2024 was Anke
Anke Subandy. Subandy.
f. Entitas Anak f. Subsidiaries
Bank mempunyai kepemilikan pada entitas The Bank has ownership in the following
anak sebagai berikut: subsidiaries:
Tahun
Persentase kepemilikan/ mulai operasi Jumlah aset/
Percentage of ownership komersial/ Total assets
year of
Bidang usaha/ starting
Entitas Anak/ Domisili/ Business 31 Desember/ 31 Desember/ commercial 31 Desember/ 31 Desember/
Subsidiaries Domicile activities December 2025 December 2024 operations December 2025 December 2024
Perbankan/
PT BANK BTPN SYARIAH Tbk Jakarta Banking 70.0% 70.0% 2014 22,786,134 21,736,656
PT BTPN SYARIAH Modal Ventura/
VENTURA* Jakarta Venture Capital 70.3% 70.3% 2022 262,162 308,421
Pembiayaan/
PT Oto Multiartha Jakarta Financing 51.0% 51.0% 1994 13,463,259 15,680,599
Pembiayaan/
PT Summit Oto Finance Jakarta Financing 51.0% 51.0% 1990 16,584,898 15,065,078
Kepemilikan tidak langsung melalui PT BANK BTPN SYARIAH Tbk Indirect ownership through PT BANK BTPN SYARIAH Tbk of 69.3% and
sebesar 69,3% dan kepemilikan langsung sebesar 1,0%. direct ownership of 1.0%.
PT BANK BTPN SYARIAH Tbk (”BTPNS”) PT BANK BTPN SYARIAH Tbk (“BTPNS”)
PT BANK BTPN SYARIAH Tbk berkantor pusat PT BANK BTPN SYARIAH Tbk’s head office is
di Menara SMBC, lantai 12, CBD Mega located at Menara SMBC 12th floor, CBD Mega
Kuningan, Jl. Dr. Ide Anak Agung Gde Agung Kuningan, Jl. Dr. Ide Anak Agung Gde Agung
Kav 5.5 - 5.6, Jakarta Selatan 12950. Kav 5.5 - 5.6, Jakarta Selatan 12950.
Pada tanggal 19 Juli 2013, Bank Indonesia On 19 July 2013, Bank Indonesia approved the
menyetujui rencana Bank untuk melakukan Bank’s plan to acquire 70% shares of PT Bank
akuisisi sebesar 70% saham PT Bank Sahabat Sahabat Purba Danarta (“BSPD”) through its
Purba Danarta (”BSPD”) melalui suratnya letter No. 15/10/DPBI/PBI-5/rahasia which is
No. 15/10/DPBI/PBI-5/Rahasia dengan syarat subject to the change of BSPD’s business
dilakukan perubahan atas kegiatan usaha dari activites from a conventional bank into a
BSPD yang semula merupakan bank commercial bank under sharia principles.
konvensional menjadi bank umum berdasarkan
prinsip syariah.
Berdasarkan Akta Notaris No. 26 dan No. 27 Based on Notarial Deed No. 26 and No. 27
tanggal 30 Januari 2014 yang dibuat di dated 30 January 2014 before Hadijah S.H.,
hadapan Hadijah S.H., M.Kn, notaris di Jakarta, M.Kn., notary in Jakarta, the Bank has acquired
Bank telah melakukan akuisisi atas BTPNS dan BTPNS and has become the majority
menjadi pemegang saham mayoritas. Hal ini shareholder. It was acknowledged by the
telah diketahui oleh Kementerian Hukum dan Ministry of Law and Human Rights of Republic
Hak Asasi Manusia Republik Indonesia melalui Indonesia through its letter No. AHU-AH.01.10-
surat No. AHU-AH.01.10-04338 tertanggal 04338 dated 12 February 2014.
12 Februari 2014.
23
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 459
Page 462
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Pemisahan Unit Usaha Syariah Spin off of Sharia Business Unit
Pada tanggal 20 Januari 2014, Rapat Umum On 20 January 2014, the Bank’s Extraordinary
Pemegang Saham Luar Biasa Bank yang General Meeting of Shareholders which was
diaktakan dengan Akta Notaris No. 8 tanggal notarised by Notarial Deed No. 8 dated 4 July
4 Juli 2014 di hadapan Hadijah, S.H., M.Kn., 2014 before Hadijah, S.H., M.Kn., notary in
notaris di Jakarta dan telah menyetujui Jakarta approved the spin-off of the sharia
pemisahan Unit Usaha Syariah PT Bank business unit of PT Bank Tabungan Pensiunan
Tabungan Pensiunan Nasional Tbk (“UUS Nasional Tbk (“UUS BTPN”) from PT Bank
BTPN”) dari PT Bank Tabungan Pensiunan Tabungan Pensiunan Nasional Tbk (“BTPN”).
Nasional Tbk (“BTPN”). Pemisahan dilakukan The spin-off was made with reference to Bank
dengan mengacu kepada Peraturan Bank Indonesia Regulation No.11/10/PBI/2009 which
Indonesia No. 11/10/PBI/2009 yang telah has been amended by PBI No. 15/14/PBI/2013
diubah dengan PBI No. 15/14/PBI/2013 tentang regarding Sharia Business Unit. The
Unit Usaha Syariah. Pendirian tersebut telah establishment has been approved by Bank
disetujui oleh Bank Indonesia melalui dua Indonesia in two stages, i.e. the approval of the
tahap, yaitu persetujuan izin konversi dan izin conversion permit and spin-off permit.
pemisahan.
Proses Konversi Izin Usaha Conversion of Business License
Pada tanggal 22 Mei 2014, Bank mendapatkan On 22 May 2014, the Subsidiary received its
izin dari Bank Indonesia untuk melaksanakan permit from Bank Indonesia regarding
konversi BSPD berdasarkan Surat Keputusan conversion of BSPD based on the Decision
Dewan Komisioner Otoritas Jasa Keuangan Letter of Board of Commissioner of Otoritas
(“OJK”) No.Kep-49/D-03/2014. Izin tersebut Jasa Keuangan (“OJK”) No.Kep-49/D-03/2014.
mengubah kegiatan usaha BTPNS dari bank The permit changed BTPNS’s business
umum konvensional menjadi bank umum yang activities from conventional commercial bank to
melaksanakan kegiatan usaha berdasarkan commercial bank which conducts business
prinsip syariah. activities based on sharia principles.
Pada tanggal 23 Juni 2014, BTPNS On 23 June 2014, BTPNS received its spin-off
memperoleh izin pemisahan dari OJK permit from OJK based on the Letter
berdasarkan Surat No: S-17/PB.1/2014. No: S - 17/PB.1/2014. The spin-off of UUS
Pemisahan UUS BTPN dilakukan dengan Akta BTPN was made under Spin-off Deed No. 8
Pemisahan No. 8 tanggal 4 Juli 2014 yang dated 4 July 2014 and was notarised by
dibuat di hadapan Hadijah, S.H., M.Kn., notaris Hadijah, S.H., M.Kn., notary in Jakarta.
di Jakarta. Selanjutnya, pemisahan terjadi Furthermore, the spin-off became effective on
secara efektif pada tanggal 14 Juli 2014 dan 14 July 2014 and BTPNS started its operational
BTPNS memulai kegiatan usaha berdasarkan activity based on sharia principles, as reported
prinsip syariah, sebagaimana yang dilaporkan to Bank Indonesia through
kepada Bank Indonesia dengan surat its letter No. S.031/DIR/LG/VII/2014 dated
No. S.031/DIR/LG/VII/2014 tanggal 17 Juli 17 July 2014 regarding the Report on the
2014 perihal Laporan Pelaksanaan Pembukaan Implementation of the Opening of Sharia
Bank Umum Syariah Hasil Pemisahan. Commercial Bank Resulting from the Spin-Off.
24
460 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 463
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Perubahan Nama PT BANK BTPN SYARIAH PT BANK BTPN SYARIAH Tbk’s Change of
Tbk Name
Berdasarkan Akta Notaris No. 25 tanggal Pursuant to the Notarial Deed No. 25 dated
27 Agustus 2013 juncto Akta Notaris No. 30 27 August 2013 juncto Notarial Deed No. 30
tanggal 25 September 2013 keduanya dibuat di dated 25 September 2013 before Hadijah, S.H.,
hadapan Notaris Hadijah, S.H., M.Kn., BSPD M.Kn., BSPD changed its name to PT Bank
mengubah namanya menjadi PT Bank Tabungan Pensiunan Nasional Syariah. The
Tabungan Pensiunan Nasional Syariah. above change was approved by the Minister of
Perubahan di atas telah mendapat persetujuan Law and Human Rghts of the Republic of
dari Menteri Hukum dan Hak Asasi Manusia Indonesia through its letter No. AHU-
Republik Indonesia melalui Surat Keputusan 50529.AH.01.02 Year 2013 dated
No. AHU-50529.AH.01.02 Tahun 2013 tanggal 1 October 2013 and has been published in State
1 Oktober 2013 dan telah diumumkan dalam Gazette No.94 year 2013, in supplement of the
Berita Negara Republik Indonesia Nomor 94 State Gazette No. 124084 dated
tahun 2013, tambahan Berita Negara Republik 22 November 2013.
Indonesia No. 124084 tanggal 22 November
2013.
BTPNS mengubah kembali namanya menjadi BTPNS further changed its name to
PT BANK BTPN SYARIAH Tbk sebagaimana PT BANK BTPN SYARIAH Tbk pursuant to the
didasarkan pada Akta No. 26 tanggal 16 April Notarial Deed No. 26 dated 16 April 2020,
2020, yang dibuat di hadapan Ashoya Ratam, before Ashoya Ratam, SH, MKn, Notary in
S.H., M.Kn., Notaris di Jakarta Selatan, yang Administrative City of South Jakarta, which was
telah mendapat persetujuan dari Kementerian approved by the Minister of Law and Human
Hukum dan Hak Asasi Manusia Republik Rights of the Republic of Indonesia through its
Indonesia berdasarkan Surat No. AHU- letter No. AHU- 0034666.AH.01.02.TAHUN
0034666.AH. 01.02.TAHUN 2020 tanggal 8 Mei 2020 dated 8 May 2020 and the Letter of
2020, dan Surat Penerimaan Pemberitahuan Acceptance of the amendment to the Articles of
Perubahan Anggaran Dasar No. AHU- Association No. No. AHU-AH.01.03-0214020
AH.01.03-0214020 tanggal 8 Mei 2020, dan dated 8 May 2020, The change of name of the
telah mendapatkan persetujuan Perubahan BTPNS has been approved based on the letter
Nama ini berdasarkan Surat dari Otoritas Jasa from the Financial Services Authority (“OJK”)
Keuangan (OJK) nomor number S-66/PB.101/2020 dated 4 June 2020
S-66/PB.101/2020 tanggal 4 Juni 2020 perihal concerning the determination of the use of
Permohonan Penetapan Penggunaan Izin Business License on behalf PT Bank Tabungan
Usaha karena Perubahan Nama PT Bank Pensiunan Nasional Syariah Tbk into PT BANK
Tabungan Pensiunan Nasional Syariah Tbk BTPN SYARIAH Tbk and the Copy of Approval
menjadi PT BANK BTPN SYARIAH Tbk dan of Deputi Komisioner Pengawas Perbankan I
Salinan Keputusan Deputi Komisioner OJK Number KEP-99/PB.1/2020 dated 4 June
Pengawas Perbankan I OJK Nomor KEP- 2020.
99/PB.1/2020 tanggal 4 Juni 2020.
Anggaran Dasar Articles of Association
Setelah menjadi Bank Umum Syariah, BTPNS Upon becoming Sharia Commercial Bank, of
telah melakukan beberapa kali perubahan BTPNS had amended its Articles of Association
Anggaran Dasar. Perubahan terakhir Anggaran several times. The latest amendment to the
Dasar BTPNS sebagaimana tercantum dalam Articles of Association of BTPNS is stated in
Akta No. 14 tanggal 17 April 2025, yang dibuat deed No. 14 dated 17 April 2025, which was
di hadapan Ashoya Ratam, S.H., M.Kn., notaris notarised by Ashoya Ratam, S.H., M.Kn., notary
di Jakarta, penyesuaian dengan Undang- in Jakarta adjustment to Law No.4 of the Year
undang No.4 tahun 2023 tentang 2023 concerning the Expansion of Banking
Pengembangan dan Penguatan Sektor Business Activities in conjuction with Financial
Keuangan juncto POJK No.26 tahun 2024 Services Authority Regulation No. 26 of the
tentang Perluasan Usaha Perbankan juncto Year 2024 concerning the Expansion of Banking
POJK No.2 tahun 2024 tentang Penerapan Tata Business Activities in conjunction with Financial
Kelola Syariah bagi Bank Umum Syariah dan Services Authority Regulation No.2 of the Year
Unit Usaha Syariah. Akta tersebut telah 2024 concerning the Implementation of Sharia
memperoleh persetujuan Menteri Hukum Governance in Sharia Commercial Bank and
Republik Indonesia No. AHU- Sharia Business Unit, .The deed was approved
0031617.AH.01.02. Tahun 2025 tanggal 16 Mei by Minister of Law of the Republic of Indonesia
2025 dan Surat Penerimaan Pemberitahuan through the Decree of the Minister of Law of the
Perubahan Anggaran Dasar No. AHU- Republic of Indonesia No. AHU-
AH.01.03-0132293 tanggal 16 Mei 2025. 0031617.AH.01.02.Tahun 2025 dated 16 May
2025 and letter of Acceptance of the
amendment to the Articles of Association No.
AHU-AH.01.03-0132293 dated 16 May 2025.
25
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 461
Page 464
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Susunan Direksi, Dewan Komisaris dan Board of Directors, Board of Commissioners
Dewan Pengawas Syariah and Sharia Supervisory Board
Susunan terkini Direksi, Dewan Komisaris dan The latest composition of the Board of Directors,
Dewan Pengawas Syariah BTPNS the Board of Commissioners and the Sharia
sebagaimana dituangkan ke dalam Akta Supervisory Board of BTPNS as specified in the
Pernyataan Keputusan Rapat Umum Deed of Statement of Resolutions of the Annual
Pemegang Saham Tahunan PT BANK BTPN General Meeting of Shareholders of PT BANK
SYARIAH Tbk Nomor 44 tanggal 18 Juli 2025 BTPN SYARIAH Tbk Number 44 dated 18 July
yang dibuat oleh Ashoya Ratam, SH, MKn, 2025 made by Ashoya Ratam, SH, MKn, Notary
Notaris di Kota Administrasi Jakarta Selatan in Administrative City of South Jakarta and has
dan telah diterima dan dicatat di dalam Sistem been received and recorded in Legal Entity
Administrasi Badan Hukum melalui Surat Administration System through Decree Letter of
Keputusan Menteri Hukum Republik Indonesia Minister of Law of the Republic of Indonesia No.
Nomor No. AHU-AH.01.09-0313448 tanggal 18 AHU-AH.01.09-0313448 dated 18 July 2025
Juli 2025 perihal Penerimaan Pemberitahuan regarding Receipt of Notification on the Change
Perubahan Data Perseroan PT BANK BTPN of Data of Company of PT BANK BTPN
SYARIAH Tbk SYARIAH Tbk.
Maksud dan Tujuan serta Kegiatan Usaha The Objectives and Scope of Activities
Sesuai dengan pasal 3 Anggaran Dasar In accordance with article 3 of the Articles of
BTPNS, maksud dan tujuan serta kegiatan Association of BTPNS, the objective and scope
BTPNS adalah melakukan kegiatan usaha di of activities of BTPNS is to engage in banking
bidang perbankan berdasarkan prinsip syariah. industry based on sharia principles.
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Pursuant to the Circular Resolution of the
Luar Biasa (RUPSLB) BTPNS yang dilakukan Shareholders in lieu of the Extraordinary
melalui surat edaran resolusi pemegang saham General Meeting of Shareholders (EGMS) of
pada tanggal 16 November 2017, para BTPNS dated 16 November 2017, the
pemegang saham menyetujui rencana shareholders approved the plan to conduct
Penawaran Umum Saham Perdana Biasa Initial Public Offering of Ordinary Shares to
kepada masyarakat melalui pasar modal serta public through capital market and listing of the
melakukan pencatatan saham Bank di Bursa Subsidiary’s shares at the Indonesia Stock
Efek Indonesia. Pada tanggal 25 April 2018, Exchange. On 25 April 2018, BTPNS obtained
BTPNS memperoleh pernyataan efektif dari the effective notification from OJK through letter
OJK dengan surat No. S-36/D-04/2018 untuk No. S-36/D-04/2018 for this initial public
penawaran umum saham perdana tersebut. offering.
BTPNS melakukan penawaran umum perdana BTPNS undertook an initial public offering of
atas 770.370.000 saham dengan nilai nominal 770,370,000 shares with a nominal value of
sebesar Rp 100 (nilai penuh) setiap saham Rp 100 (full amount) per share with offering
dengan harga penawaran setiap saham price of Rp 975 (full amount) per share to the
sebesar Rp 975 (nilai penuh) kepada public in Indonesia. The shares were listed at
masyarakat di Indonesia. Saham tersebut the Indonesia Stock Exchange on
dicatat di Bursa Efek Indonesia pada tanggal 8 May 2018. The funds received by BTPNS
8 Mei 2018. Dana yang diterima oleh BTPNS from the initial public offering amounting to
atas penawaran umum perdana adalah sebesar Rp 735,020 (net of issuance costs and tax).
Rp 735.020 (setelah biaya emisi dan pajak).
26
462 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 465
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Akuisisi dari kepentingan non-pengendali Acquisition of non-controlling interest of
pada PT BANK BTPN SYARIAH Tbk PT BANK BTPN SYARIAH Tbk
Pada tanggal 11 Mei 2018, Bank mengakuisisi On 11 May 2018, the Bank acquired 7% shares
7% saham atas BTPNS dengan imbalan of BTPNS for a purchase consideration of
pembelian sebesar Rp 550.045. Kepentingan Rp 550,045. The non-controlling interest in
non-pengendali BTPNS pada tanggal akuisisi BTPNS on the date of acquisition was
adalah Rp 525.778. Dengan demikian, Rp 525,778. Therefore, the Bank’s ownership in
kepemilikan Bank atas BTPNS kembali menjadi BTPNS became 70%. The effect of changes in
70%. Dampak perubahan atas kepemilikan the ownership interest of BTPNS was as follows:
saham BTPNS adalah sebagai berikut:
2018
Kepentingan non-pengendali yang diakuisisi 525,778) Non-controlling interest acquired
Imbalan yang dibayarkan kepada kepentingan
non-pengendali (550,045) Consideration paid to non-controlling interest
Selisih lebih imbalan uang dibayarkan yang Excess of consideration
(24,267)
diakui pada ekuitas Bank paid as recorded in the Bank’s equity
Dampak transaksi dengan kepentingan non- Effects of transactions with non-controlling
pengendali pada ekuitas adalah sebagai interests on the equity was as follows:
berikut:
2018
Perubahan pada ekuitas: ) Changes in equity:
- Dampak atas penawaran umum
Perdana 209,242) Effect on initial public offering -
- Akuisisi saham tambahan pada Acquisition of additional interest in -
BTPNS (24,267) BTPNS
Dampak bersih pada ekuitas 184,975) Net effect in equity
Pembagian dividen tunai oleh PT BANK Cash dividend distribution by PT BANK
BTPN SYARIAH Tbk BTPN SYARIAH Tbk
BTPNS membagikan dividen untuk tahun buku BTPNS distributed dividend for financial year
2024 kepada para pemegang saham sebesar 2024 to shareholders amounting Rp 265,778 or
Rp 265.778 atau Rp 34,5 (nilai penuh) per Rp 34.5 (full amount) per share. Cash dividend
lembar saham. Dividen tunai yang dibayarkan was paid at the amount of Rp 259,604 with tax
senilai Rp 259.604 dengan pajak dividen on dividend amounting to Rp 6,173. On 16 May
sebesar Rp 6.173. Pada tanggal 16 Mei 2025, 2025, PT Kustodian Sentral Efek Indonesia has
PT Kustodian Sentral Efek Indonesia telah distributed cash dividends to Shareholders
melakukan distribusi dividen tunai kepada based on the recording date of 30 April 2025.
Pemegang Saham berdasarkan tanggal
pencatatan tanggal 30 April 2025.
BTPNS membagikan dividen untuk tahun buku BTPNS distributed dividend for financial year
2023 kepada para pemegang saham sebesar 2023 to shareholders amounting Rp 540,397 or
Rp 540.397 atau Rp 70,15 (nilai penuh) per Rp 70.15 (full amount) per share. Cash dividend
lembar saham. Dividen tunai yang dibayarkan was paid at the amount of Rp 525,231 with tax
senilai Rp 525.231 dengan pajak dividen on dividend amounting to Rp 15,166. On 19 April
sebesar Rp 15.166. Pada tanggal 19 April 2024, 2024, PT Kustodian Sentral Efek Indonesia has
PT Kustodian Sentral Efek Indonesia telah distributed cash dividends to Shareholders
melakukan distribusi dividen tunai kepada based on the recording date of 2 April 2024.
Pemegang Saham berdasarkan tanggal
pencatatan tanggal 2 April 2024.
27
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 463
Page 466
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Pembagian dividen interim oleh PT BANK Interim dividend distribution by PT BANK
BTPN SYARIAH Tbk BTPN SYARIAH Tbk
Sesuai Keputusan Sirkular Direksi sebagai In accordance with the Circular Resolution of the
Pengganti Keputusan Yang Diambil Dalam Board of Directors in Lieu of the Resolution
Rapat Direksi PT Bank BTPN Syariah Tbk Adopted at the Board of Directors
No.011/CIR/DIR/XI/2025 tanggal 10 November Meeting of PT Bank BTPN Syariah Tbk
2025 tentang Usulan Pembagian Dividen No.011/CIR/DIR/XI/2025 dated 10 November
Interim tahun 2025 dan Keputusan Sirkuler 2025 concerning the Proposed Distribution of
Dewan Komisaris Pengganti Keputusan Interim Dividends for 2025 and the Circular
Yang Diambil Dalam Rapat Dewan Resolution of the Board of Commissioners in
Komisaris PT Bank BTPN Syariah Tbk Lieu of the Resolution Adopted at the Board of
No.011/CIR/DEKOM/XI/2025 tanggal Commissioners Meeting of PT Bank BTPN
17 November 2025 tentang Persetujuan Dewan Syariah Tbk No.011/CIR/DEKOM/XI/2025 dated
Komisaris sehubungan Usulan Direksi atas 17 November 2025 concerning the Approval of
pembagian Dividen Interim tahun 2025, Direksi the Board of Commissioners regarding the
dan Dewan Komisaris menetapkan bahwa Board of Directors Proposal for the Distribution
Bank akan membayarkan dividen interim of Interim Dividends for 2025, the Board of
kepada pemegang saham berdasarkan Directors and the Board of Commissioners have
Laporan Keuangan posisi 30 September 2025 determined that the Bank will pay an interim
sebesar Rp 304.296 atau Rp 39,5 (nilai penuh) dividend to shareholders based on financial
per saham Dividen tunai yang dibayarkan statement as of 30 September 2025 amounting
senilai Rp 296.086 dengan pajak dividen Rp 304,296 or Rp 39.5 (full amount) per share.
sebesar Rp 8.210. Pada tanggal 18 Desember Cash dividend was paid at the amount of
2025, PT Kustodian Sentral Efek Indonesia Rp 296,086 with tax on dividend amounting to
telah melakukan distribusi dividen tunai kepada Rp 8.210. On 18 December 2025, PT Kustodian
Pemegang Saham berdasarkan tanggal Sentral Efek Indonesia has distributed cash
pencatatan tanggal 1 Desember 2025. dividends to Shareholders based on the
recording date of 1 December 2025.
PT BTPN SYARIAH VENTURA PT BTPN SYARIAH VENTURA
PT BTPN SYARIAH VENTURA (BTPNS PT BTPN SYARIAH VENTURA (BTPNS
Ventura) berkantor di Jl. Radio Dalam No.100, Ventura)’s office is located at Jl. Radio Dalam
Kebayoran Baru, Jakarta Selatan 12140. No.100, Kebayoran Baru, Jakarta Selatan
12140.
Berdasarkan Akta Pendirian Nomor 36 tanggal Based on the Deed of Establishment Number
21 Oktober 2021 yang dibuat dihadapan Notaris 36 dated 21 October 2021, drawn up before
Ashoya Ratam, S.H., Mkn, Notaris di Jakarta Notary Ashoya Ratam, S.H., Mkn, Notary in
dan telah mendapat persetujuan dari Menteri Jakarta and has received approval from the
Hukum dan Hak Asasi Manusia Republik Minister of Law and Human Rights of the
Indonesia dalam Surat Keputusan No. Republic of Indonesia in Decree No.
AHU-0066702.AH.01.01.Tahun 2021 tanggal AHU-0066702.AH.01.01.Year 2021 dated
22 Oktober 2021, telah dibentuk entitas anak 22 October 2021, a subsidiary of PT BANK
dari PT BANK BTPN SYARIAH Tbk. BTPN SYARIAH Tbk.
Susunan Pemegang Saham terakhir BTPNS The latest composition of the Shareholders of
Ventura adalah sebagaimana dituangkan ke BTPNS Ventura is as specified in the Deed No.
dalam Akta No. 10 tanggal 10 Maret 2022 yang 10 dated 10 March 2022 made by Ashoya
dibuat oleh Ashoya Ratam, S.H., M.Kn., notaris Ratam, S.H., M.Kn., notary in Jakarta and has
di Jakarta dan telah diterima dan dicatat di been received and recorded in Legal Entity
dalam Sistem Administrasi Badan Hukum Administration System through Decree Letter of
melalui Surat Keputusan Menteri Hukum dan Ministry of Law and Human Rights of the
Hak Asasi Manusia Republik Indonesia No. Republic of Indonesia Number No.
AHU-AH.01.03-0158924 tanggal 10 Maret AHU-AH.01.03-0158924 dated 10 March 2022.
2022.
28
464 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 467
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BTPN SYARIAH VENTURA (lanjutan) PT BTPN SYARIAH VENTURA (continued)
Sedangkan Susunan Dewan Komisaris, Direksi Whereas the latest composition of the Board of
dan Dewan Pengawas Syariah BTPNS Ventura Commissioners, the Board of Directors and the
terakhir adalah sebagaimana dituangkan Sharia Supervisory Board of BTPNS Ventura is
kedalam akta Pernyataan Keputusan diluar as specified in the in the Deed of Circular
Rapat Umum Pemegang Saham nomor 4 Resolution of the General Meeting of
tanggal 1 Agustus 2025 yang dibuat oleh Shareholders number 4 dated 1 August 2025,
Ashoya Ratam, S.H., M.Kn., notaris di Jakarta made by Ashoya Ratam, S.H., M.Kn., notary in
dan telah diterima dan dicatat di dalam Sistem Jakarta and has been received and recorded in
Administrasi Badan Hukum melalui Surat Legal Entity Administration System through
Keputusan Menteri Hukum dan Hak Asasi Decree Letter of Ministry of Law and Human
Manusia Republik Indonesia No. Rights of the Republic of Indonesia Number No.
AHU-AH.01.09-0328020 tanggal 21 Agustus AHU-AH.01.09-0328020 dated 21 August
2025. 2025.
BTPNS Ventura telah mendapatkan perijinan BTPNS Ventura has obtained operational
operasional dari Otoritas Jasa Keuangan permits from the Financial Services Authority by
melalui Surat Keputusan Anggota Dewan means of letter Number KEP-23/D.05/2022
Komisaris Nomor KEP-23/D.05/2022 tanggal dated 20 May 2022, regarding the Granting of
20 Mei 2022 tentang Pemberian Izin Usaha Business Permit of Sharia Venture Capital
Perusahaan Modal Ventura Syariah kepada Company to PT BTPN SYARIAH VENTURA
PT BTPN SYARIAH VENTURA dan efektif and effectively carried out its operational
menjalankan kegiatan operasionalnya pada activities on 30 May 2022.
tanggal 30 Mei 2022.
Tujuan pendirian BTPNS Ventura adalah untuk The purpose of establishing BTPNS Ventura is
menunjang kegiatan usaha dan aspirasi Entitas to support the business activities and aspiration
Anak dalam mewujudkan digital ekosistem bagi of the Subsidiary in realizing a digital ecosystem
segmen yang dilayaninya. for the segment it served.
BTPNS Ventura merupakan perusahaan yang BTPNS Ventura is a company that carries out
melakukan kegiatan usaha modal ventura the sharia venture capital business activities,
syariah, pengelolaan dana ventura, dan venture fund management, and other business
kegiatan usaha lain dengan persetujuan activities upon approval from relevant
Otoritas terkait yang seluruhnya dilaksanakan authorities, all of which are carried out based on
berdasarkan prinsip syariah. sharia principles.
Rapat Umum Pemegang Saham Luar Biasa The Extraordinary General Meeting of
yang dinotariskan dengan Akta No.04 tanggal Shareholders notarized by Deed No.04 dated
1 Agustus 2025 oleh Notaris Ashoya Ratam, 1 August 2025 by Notary Ashoya Ratam, SH.,
SH., MKn. di Jakarta, menyetujui rencana MKn. in Jakarta, approved the planned
likuidasi BTPNS Ventura. Akta ini telah dissolution of the BTPNS Ventura. This deed
mendapatkan persetujuan dari Menteri Hukum has been approved by the Minister of Law and
dan Hak Asasi Manusia Republik Indonesia Human Rights of the Republic of Indonesia
No. AHU-AH.01.09-0328020 tanggal under No. AHU-AH.01.09-0328020 dated
21 Agustus 2025. Untuk menindaklanjuti 21 August 2025. To follow up on shareholder
keputusan pemegang saham, BTPNS Ventura decisions, BTPNS Ventura has submitted an
telah mengirimkan permohonan pencabutan application for revocation of its Business
Izin Usaha dan Pembubaran BTPNS Ventura License and Dissolution of the BTPNS Ventura
kepada Otoritas Jasa Keuangan (OJK) to the Financial Services Authority (OJK)
Lembaga Pembiayaan, Perusahaan Modal Financing Institutions, Venture Capital
Ventura, Lembaga Keuangan Mikro, dan Companies, Microfinance Institutions,and Other
Lembaga Jasa Keuangan Lainnya (PVML) Financial Services Institutions (PVML) Sharia
Syariah melalui surat nomor through letter number S.071/DIR/HK/IX/2025
S.071/DIR/HK/IX/2025 tanggal 8 September dated 8 September 2025. Based on this letter,
2025. Atas surat ini, OJK telah menyampaikan the OJK has conveyed its approval in principle
persetujuan prinsip melalui surat nomor through letter number S-41/D.06/2025 dated
S-41/D.06/2025 tanggal 19 Desember 2025 19 December 2025 regarding the Approval of
perihal Persetujuan Rencana Pembubaran the Plan to Dissolve PT BTPN Syariah Ventura
PT BTPN Syariah Ventura melalui Keputusan through the Decision of the General Meeting of
Rapat Umum Pemegang Saham. Shareholders.
29
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 465
Page 468
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Oto Multiartha PT Oto Multiartha
PT Oto Multiartha (”OTO") berkantor di Gedung PT Oto Multiartha (“OTO”) is located at
Summitmas II, Lantai 18, Jl. Jendral Sudirman Summitmas Tower II, Floor 18, Jl. Jendral
Kav.61-62, Jakarta, Indonesia Sudirman Kav.61-62, Jakarta, Indonesia
OTO didirikan dengan nama PT Manunggal OTO, formerly PT Manunggal Multi Finance,
Multi Finance berdasarkan akta No. 245 was established by virtue of notarial deed
tanggal 28 Maret 1994 yang dibuat di hadapan No. 245 dated 28 March 1994 of Wiwiek
Widjajanti, S.H., candidate notary, a substitute
Wiwiek Widjajanti, S.H., selaku notaris notary of Ny. Erly Soehandjojo, S.H., notary
kandidat, pengganti dari Ny. Erly Soehandjojo, public in Jakarta. This notarial deed was
S.H., notaris di Jakarta. Akta notaris ini telah approved by Minister of Justice of the Republic
disahkan oleh Menteri Kehakiman Republik of Indonesia (currently Minister of Law and
Indonesia (sekarang Menteri Hukum dan Hak Human Rights) in its Decision Letter
Asasi Manusia) melalui Surat Keputusan No. C2-6033.HT.01.01.Th.94 dated 16 April
1994, and was published in Supplement
No. C2-6033.HT.01.01.Th.94 tanggal 16 April No. 4902 to State Gazette of the Republic of
1994, dan telah diumumkan dalam Tambahan Indonesia No. 60 dated 29 July 1994.
No. 4902 pada Berita Negara Republik
Indonesia No. 60 tanggal 29 Juli 1994.
OTO memperoleh izin usaha sebagai lembaga OTO obtained its business license as a
pembiayaan dari Menteri Keuangan Republik financing company from the Minister of Finance
Indonesia melalui Surat Keputusan of the Republic Indonesia in its Decision Letter
No. 556/KMK.017/1994 dated 10 November
No. 556/KMK.017/1994 tanggal 10 November 1994, which has been changed based on letter
1994, yang telah diubah berdasarkan surat No. No. S-6316/LK/1995 dated 5 December 1995.
S-6316/LK/1995 tanggal 5 Desember 1995. OTO OTO commenced its commercial operations in
memulai kegiatan komersialnya pada tahun 1994, 1994, and is currently engaged in consumer
dan saat ini bergerak dalam bidang pembiayaan financing.
konsumen.
Berdasarkan perubahan anggaran dasar yang Based on the latest amendment Articles of
terakhir sebagaimana disebutkan dalam akta Association as stated in the notarial deed No.
No. 23 tanggal 27 Maret 2024 yang dibuat di 23 dated 27 March 2024 of Aryanti Artisari,
hadapan Aryanti Artisari, S.H., M.KN, notaris di S.H., M.KN, notary public in Jakarta, concerning
Jakarta, mengenai perubahan pemegang the change shareholder of OTO, therefore the
saham OTO sehingga komposisi pemegang shareholder composition is consist of PT BANK
saham OTO menjadi PT BANK BTPN Tbk BTPN Tbk (currently PT Bank SMBC Indonesia
(sekarang PT Bank SMBC Indonesia Tbk) Tbk) with ownership of shares series B
dengan kepemilikan saham seri B sebanyak amounted 473,640,735 shares or 51%,
473.640.735 lembar atau 51%, PT Summit PT Summit Auto Group with ownership of
Auto Group dengan kepemilikan saham seri B shares series B amounted 315,760,490 shares
sebanyak 315.760.490 lembar atau 34% dan or 34% and PT Sinar Mas Multiartha Tbk with
PT Sinar Mas Multiartha Tbk dengan ownership of shares series A amounted
kepemilikan saham seri A sebanyak 139,306,099 shares or 15%. This Articles of
139.306.099 atau 15%. Pada anggaran dasar Association also change the term of office of
ini juga terdapat perubahan masa jabatan Board of Directors to 3 years and changes in
direksi menjadi 3 tahun dan perubahan interim dividend. This amendment has been
ketentuan dividen interim. Akta perubahan ini informed and received by the Minister of Law
telah diberitahukan dan diterima oleh Menteri and Human Rights of the Republic of Indonesia
Hukum dan Hak Asasi Manusia Republik based on Receipt Letter No. AHU-AH.01.03-
Indonesia berdasarkan Surat Penerimaan 0075020 and AHU-AH.01.09-124682, both
Pemberitahuan No. AHU-AH.01.03-0075020 dated 27 March 2024.
dan AHU-AH.01.09-124682, keduanya masing-
masing tertanggal 27 Maret 2024.
30
466 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 469
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Akuisisi PT Oto Multiartha Acquisition of PT Oto Multiartha
Pada tanggal 27 Maret 2024, Bank On 27 March 2024, the Bank acquired 51% of
mengakuisisi 51% saham biasa (saham seri B) OTO’s ordinary shares (series B shares) for a
OTO dengan nominal pembelian sebesar purchase amounted to Rp 3,926,955.
Rp 3.926.955.
Saham preferen tidak diperhitungkan dalam The preference shares are not taken into account in
pembagian laba bersih antara entitas induk dengan the distribution of net profit between the parent entity
kepentingan non-pengendali sehingga pembagian and non-controlling interests so that the distribution
laba bersih hanya untuk 85% saham biasa (saham of net profit is only for 85% ordinary shares (series
seri B). Oleh karena itu, Bank berhak atas laba B shares). Therefore, the Bank is entitled for OTO’s
bersih OTO sebesar 60% (yang merupakan hasil net profit of 60% (which represents the divided
pembagian antara 51% kepemilikan dari total 85% amount of 51% ownership of total 85% ordinary
saham biasa). Dampak perubahan atas shares). The effect of changes in the ownership
kepemilikan saham OTO adalah sebagai berikut: interest of OTO was as follows:
2024
Jumlah aset bersih yang teridentifikasi 5,598,214) Total identifiable net assets
Kepentingan non pengendali (2,325,485) Non-controlling interests
Total nilai aset neto yang diakuisisi 3,272,729) Total net asset acquired
Penyesuaian nilai wajar: Fair value adjustment:
Piutang pembiayaan 20,916) Financing receivables
Aset takberwujud: Intangible assets:
- Merek dagang 33,827) Trademarks -
- Hubungan pelanggan 55,418) Customer relationship -
- Piranti lunak 32,929) Software -
Aset pajak tangguhan (31,480) Deferred tax asset
Nilai wajar aset neto 3,384,339) Fair value of net assets
Imbalan yang dibayarkan (3,926,955) Consideration paid
Goodwill - posisi bersih (542,616) Goodwill - net basis
Tabel berikut ini merangkum jumlah aset yang The following table summarized the amounts of
diperoleh dan liablitas yang diambil alih pada the assets required and liabilities assumed on
tanggal akuisisi: the acquisition date:
2024
ASET ) ASSETS
Kas 5,554 Cash
Giro pada bank-bank lain 267,593 Curent accounts with other banks
Penempatan pada bank-bank lain 281,414 Placement with other banks
Tagihan derivatif 144,200 Derivative receivables
Piutang pembiayaan 13,841,631 Financing receivables - net
Beban dibayar dimuka 44,531 Prepaid expense
Pajak dibayar dimuka 140,863 Prepaid taxes
Aset pajak tangguhan 9,344 Deferred tax assets
Aset tetap 369,192 Fixed assets
Aset takberwujud 176,009 Intangible assets
Aset lain-lain 279,617 Other assets
Jumlah aset 15,559,948 Total assets
LIABILITAS LIABILITIES
Liablitas derivatif 110,017 Derivative payables
Utang pajak 32,127 Taxes payables
Efek-efek yang diterbitkan 994,355 Securities issued
Pinjaman yang diterima 8,432,707 Borrowings
Akrual 22,028 Accruals
Liabilitas imbalan kerja karyawan 156,592 Employee benefits liabilities
Liabilitas sewa 34,131 Lease liabilities
Liabilitas lain-lain 179,777 Other liabilities
Jumlah liabilitas 9,961,734 Total liabilities
Jumlah aset bersih yang teridentifikasi 5,598,214 Total identifiable net assets
31
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 467
Page 470
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Pembagian dividen tunai oleh PT Oto Multiartha Cash dividend distribution by PT Oto Multiartha
OTO memiliki 2 jenis saham yaitu saham seri A OTO has 2 types of shares, which are series A
dan saham seri B. Saham seri A adalah jenis share and series B share. Series A shares are
saham preferen sedangkan saham seri B preference shares while series B shares are
adalah jenis saham biasa. Pemegang saham common shares. The shareholders of series A
seri A berhak untuk menerima dividen non- shares are entiled to receive a non-cumulative
kumulatif lebih dahulu dari pemegang saham dividend earlier than other shareholders in the
klasifikasi lain dalam jumlah yang akan amount that will be determined by the general
ditentukan oleh Rapat Umum Pemegang meeting of shareholders.
Saham.
Berdasarkan Keputusan Secara Sirkuler Based on the Circular Resolution In Lieu of The
Menggantikan Rapat Umum Pemegang Saham Annual General Meeting of the Shareholders of
Tahunan PT Oto Multiartha tanggal 30 Juni PT Oto Multiartha on 30 June 2025, the
2025, pemegang saham setuju untuk shareholders approved to declare and
mengumumkan dan membagikan dividen kas distributes cash dividends amounting to
sebesar Rp 28.558. Rp 28,558.
Berdasarkan Keputusan Secara Sirkuler Based on the Circular Resolution In Lieu of The
Menggantikan Rapat Umum Pemegang Saham Annual General Meeting of the Shareholders of
Tahunan PT Oto Multiartha tanggal 20 Juni PT Oto Multiartha on 20 June 2024, the
2024, pemegang saham setuju untuk shareholders approved to declare and
mengumumkan dan membagikan dividen kas distributes cash dividends amounting to
sebesar Rp 27.890. Rp 27,890.
PT Summit Oto Finance PT Summit Oto Finance
PT Summit Oto Finance (“SOF”) berkantor di PT Summit Oto Finance (“SOF”)’s office is located
Gedung Summitmas II, Lantai 8, Jl. Jendral at Summitmas Tower II, Floor 8, Jl. Jendral
Sudirman Kav.61-62, Jakarta, Indonesia. Sudirman Kav.61-62, Jakarta, Indonesia.
SOF didirikan dengan nama PT Summit Sinar SOF was established formerly under name of
Mas Finance, berdasarkan akta No. 214 PT Summit Sinar Mas Finance based on notarial
tanggal 20 September 1990, yang diubah deed No. 214 dated 20 September 1990 as
dengan akta No. 194 tanggal 22 Oktober 1990
yang keduanya dibuat di hadapan Mudofir Hadi, amended by notarial deed No. 194 dated
S.H., notaris di Jakarta. Akta notaris ini telah 22 October 1990 of Mudofir Hadi, S.H., notary
disahkan oleh Menteri Kehakiman Republik public in Jakarta. This notarial deed of
Indonesia (sekarang Menteri Hukum dan Hak establishment was approved by the Ministry of
Asasi Manusia) dengan Surat Keputusan Justice of the Republic of Indonesia (currently
No..C2-6214.HT.01.01.TH.90 tanggal Ministry of Law and Human Rights) in its Decision
30 Oktober 1990, didaftarkan di Kantor
Pengadilan Negeri Jakarta Selatan dibawah Letter No. C2-6214.HT.01.01.TH.90 dated
No..865/Not/1990/PN.JKT.SEL tanggal 30 October 1990, registered at the South Jakarta
7 November 1990 serta telah dimuat dalam District Court under No. 865/Not/1990/
Tambahan No. 5041 pada Berita Negara PN.JKT.SEL dated 7 November 1990 and was
Republik Indonesia No. 99 tanggal published in Supplement No. 5041 to State
11 Desember 1990. Gazette of the Republic of Indonesia No. 99 dated
11 December 1990.
SOF memperoleh izin usaha sebagai lembaga SOF obtained its business license as a
pembiayaan dari Menteri Keuangan Republik financing company from the Ministry of Finance
Indonesia melalui Surat Keputusan of the Republic of Indonesia in its Decision
No. 1601/KMK.013/1990 tanggal 28 Desember
1990 yang telah diubah dengan Surat Letter No. 1601/KMK.013/1990 dated
Keputusan No. KEP-243/KM.6/2003 tanggal 28 December 1990 which was changed with
30 Juni 2003. SOF saat ini bergerak dalam Decision Letter No. KEP-243/KM.6/2003 dated
bidang pembiayaan konsumen, dan memulai 30 June 2003. SOF is currently engaged in
kegiatan pembiayaan sepeda motor pada tahun consumer financing, and commenced
2003. motorcycles financing operation in 2003.
32
468 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 471
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Summit Oto Finance (lanjutan) PT Summit Oto Finance (continued)
Berdasarkan perubahan anggaran dasar Based on the latest amendment of Articles of
terakhir sebagaimana disebutkan dalam akta Association which was effected by notarial deed
No. 22 tanggal 27 Maret 2024 yang dibuat di No. 22 dated 27 March 2024 of Aryanti Artisari,
hadapan Aryanti Artisari, S.H., M.KN, notaris di S.H., M.KN, notary public in Jakarta, concerning
Jakarta, mengenai perubahan pemegang the change shareholder of SOF, therefore the
saham SOF sehingga komposisi pemegang shareholder composition is consist of PT BANK
saham SOF menjadi PT BANK BTPN Tbk BTPN Tbk (currently PT Bank SMBC Indonesia
(sekarang PT Bank SMBC Indonesia Tbk) Tbk) with ownership of shares series B
dengan kepemilikan saham seri B sebanyak amounted 2,490,901 shares or 51%,
2.490.901 lembar atau 51%, PT Summit Auto PT Summit Auto Group with ownership of
Group dengan kepemilikan saham seri B shares series B amounted 1,660,601 shares or
sebanyak 1.660.601 lembar atau 34% dan 34% and PT Sinar Mas Multiartha Tbk with
PT Sinar Mas Multiartha Tbk dengan ownership of shares series A amounted
kepemilikan saham seri A sebanyak 732.618 732,618 shares or 15%. This Articles of
atau 15%. Pada anggaran dasar ini juga Association also change the term of office of
terdapat perubahan masa jabatan direksi Board of Directors to 3 years and changes in
menjadi 3 tahun dan perubahan ketentuan interim dividend provisions. This amendment
dividen interim. Akta perubahan ini telah has been informed and received by the Minister
diberitahukan dan diterima oleh Menteri Hukum of Law and Human Rights of the Republic of
dan Hak Asasi Manusia Republik Indonesia Indonesia based on Receipt Letter No.
berdasarkan Surat Penerimaan Pemberitahuan AHU-AH.01.03-0075025 dan AHU-AH.01.09-
No. AHU-AH.01.03-0075025 dan 124689, both dated 27 March 2024.
AHU-AH.01.09-124689, keduanya masing-
masing tertanggal 27 Maret 2024.
Akuisisi PT Summit Oto Finance Acquisition of PT Summit Oto Finance
Pada tanggal 27 Maret 2024, Bank mengakuisisi On 27 March 2024, the Bank acquired 51% SOF’s
51% saham biasa (saham seri B) SOF dengan ordinary shares (series B shares) for a purchase
imbalan pembelian dengan nominal sebesar amounted to Rp 2,623,788.
Rp 2.623.788.
The preference shares are not taken into account in
Saham preferen tidak diperhitungkan dalam the distribution of net profit between the parent entity
pembagian laba bersih antara entitas induk dengan and non-controlling interests so that the distribution
kepentingan non-pengendali sehingga pembagian of net profit is only for 85% ordinary shares (series B
laba bersih hanya untuk 85% saham biasa (saham shares). Therefore, the Bank is entitled for SOF’s net
seri B). Oleh karena itu, Bank berhak atas laba profit of 60% (which represents the divided amount
bersih SOF sebesar 60% (yang merupakan hasil
pembagian antara 51% kepemilikan dari total 85% of 51% ownership of total 85% ordinary shares). The
saham biasa). Dampak perubahan atas effect of changes in the ownership interest of SOF
kepemilikan saham SOF adalah sebagai berikut: was as follows:
2024
Jumlah aset bersih yang teridentifikasi 4,009,775) Total identifiable net assets
Kepentingan non pengendali (1,827,005) Non-controlling interests
Total nilai aset neto yang diakuisisi 2,182,770) Total net asset acquired
Penyesuaian nilai wajar: Fair value adjustment:
Piutang pembiayaan (351,719) Financing receivables
Aset takberwujud: Intangible assets:
- Merek dagang 27,233) Trademarks -
- Hubungan pelanggan 269,643) Customer relationship -
- Piranti lunak (13,691) Software -
Aset pajak tangguhan 15,078) Deferred tax asset
Nilai wajar aset neto 2,129,314) Fair value of net assets
Imbalan yang dibayarkan (2,623,788) Consideration paid
(494,474)
Goodwill - posisi bersih Goodwill - net basis
33
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 469
Page 472
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Summit Oto Finance (lanjutan) PT Summit Oto Finance (continued)
Akuisisi PT Summit Oto Finance (lanjutan) Acquisition of PT Summit Oto Finance
(continued)
Tabel berikut ini merangkum jumlah aset yang The following table summarized the amounts of
diperoleh dan liabilitas yang diambil alih pada the assets acquired and liabilities assumed on
tanggal akuisisi: the acquisition date:
2024
ASET ASSETS
Kas 6,354 Cash
Giro pada bank-bank lain 188,115 Curent accounts with other banks
Penempatan pada bank-bank lain 282,157 Placement with other banks
Tagihan derivatif 187,006 Derivative receivables
Piutang pembiayaan - bersih 12,770,844 Financing receivables - net
Beban dibayar dimuka 87,678 Prepayments
Aset pajak tangguhan 93,919 Deferred tax assets
Aset tetap 90,757 Fixed assets
Aset takberwujud 205,313 Intangible assets
Aset lain-lain 260,671 Other assets
Jumlah aset 14,172,814 Total assets
LIABILITAS LIABILITIES
Liabilitas derivatif 136,504 Derivative payables
Utang pajak 21,286 Taxes payable
Pinjaman yang diterima 9,358,270 Borrowings
Akrual 23,571 Accruals
Liabilitas imbalan kerja karyawan 288,823 Employee benefits liabilities
Liabilitas sewa 37,122 Lease liabilities
Liabilitas lain-lain 297,463 Other liabilities
Jumlah liabilitas 10,163,039 Total liabilities
Jumlah aset bersih teridentifikasi 4,009,775 Total identifiable net assets
Pembagian dividen tunai oleh PT Summit Oto Cash dividend distribution by PT Summit Oto
Finance Finance
SOF memiliki 2 jenis saham yaitu saham seri A SOF has 2 types of shares, which are series A
dan saham seri B. Saham seri A adalah jenis share and series B share. Series A shares are
saham preferen sedangkan saham seri B preference shares while series B shares are
adalah jenis saham biasa. Pemegang saham common shares. The shareholders of series A
seri A berhak untuk menerima dividen non- shares are entiled to receive a non-cumulative
kumulatif lebih dahulu dari pemegang saham dividend earlier than other shareholders in the
klasifikasi lain dalam jumlah yang akan amount that will be determined by the general
ditentukan oleh Rapat Umum Pemegang meeting of shareholders.
Saham.
Berdasarkan Keputusan Secara Sirkuler Based on the Circular Resolution In Lieu of The
Menggantikan Rapat Umum Pemegang Saham Annual General Meeting of the Shareholders of
Tahunan PT Summit Oto Finance tanggal PT Summit Oto Finance on 30 June 2025, the
30 Juni 2025, pemegang saham setuju untuk shareholders approved to declare and
mengumumkan dan membagikan dividen kas distributes cash dividends amounting to
sebesar Rp 134.527. Rp 134,527.
Berdasarkan Keputusan Secara Sirkuler Based on the Circular Resolution In Lieu of The
Menggantikan Rapat Umum Pemegang Saham Annual General Meeting of the Shareholders of
Tahunan PT Summit Oto Finance tanggal 20 PT Summit Oto Finance on 20 June 2024, the
Juni 2024, pemegang saham setuju untuk shareholders approved to declare and
mengumumkan dan membagikan dividen kas distributes cash dividends amounting to
sebesar Rp 66.730. Rp 66,730.
34
470 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 473
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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. Entitas Anak (lanjutan) f. Subsidiaries (continued)
Biaya terkait Akuisisi PT Oto Multiartha dan Cost related to acquisition of PT Oto
PT Summit Oto Finance Multiartha and PT Summit Oto Finance
Biaya yang terkait dengan akuisisi telah Acquisition-related cost are charged to general
dibebankan pada beban umum dan and administrative expenses in the consolidated
administrasi pada laporan laba rugi statements of profit or loss amounted of
konsolidasian masing-masing sebesar Rp 7,543 and Rp 63,952 for the years ended
Rp 7.543 dan Rp 63.952 untuk tahun-tahun 31 December 2024 and 2023, respectively.
yang berakhir pada tanggal 31 Desember 2024
dan 2023.
Penggunaan informasi keuangan PT Oto Use of financial information PT Oto
Multiartha and PT Summit Oto Finance Multiartha and PT Summit Oto Finance for
untuk laporan keuangan konsolidasian consolidated financial statements
Bank menggunakan laporan keuangan OTO The Bank use the OTO and SOF financial
dan SOF pada tanggal 31 Maret 2024 sebagai statements as of 31 March 2024 as the
saldo awal untuk keperluan penyusunan beginning balance for the purposes of preparing
laporan keuangan konsolidasian. Manajemen the consolidated financial statements.
berpendapat bahwa dampak atas penggunaan Management believes that the impact of using
periode pelaporan ini tidak material jika this reporting period is immaterial when
dibandingkan dengan penggunaan tanggal compared to using the acquisition date as the
akuisisi sebagai saldo awal. beginning balance.
Penghasilan yang termasuk dalam laporan laba Revenue includes in the consolidated statement
rugi komprehensif konsolidasian yang of profit or loss and other comprehensive
dikontribusikan oleh PT Oto Multiartha dan income which contributed by PT Oto Multiartha
PT Summit Oto Finance masing-masing dan PT Summit Oto Finance amounted
sebesar Rp 1.838.560 dan Rp 3.037.849. Rp 1,838,560 and Rp 3,037,849, respectively.
PT Oto Multiartha dan PT Summit Oto Finance PT Oto Multiartha dan PT Summit Oto Finance
juga mengkontribusikan laba bersih sebesar also contributed net income in the same period
Rp 30.940 dan Rp 181.238 selama periode amounted Rp 30,940 and Rp 181,238,
yang sama. respectively.
Jika PT Oto Multiartha dan PT Summit Oto If PT Oto Multiartha and PT Summit Oto Finance
Finance telah dikonsolidasikan sejak 1 Januari have been consolidated since 1 January 2024,
2024, maka penghasilan yang termasuk dalam then the revenue includes in the consolidated
laporan laba rugi komprehensif konsolidasian statement of profit or loss and other
yang dikontribusikan oleh PT Oto Multiartha comprehensive income which contributed by
dan PT Summit Oto Finance masing-masing PT Oto Multiartha and PT Summit Oto Finance
sebesar Rp 2.456.502 dan Rp 3.982.714 dan will be Rp 2,456,502 and Rp 3,982,714,
laba bersih masing-masing sebesar sebesar respectively and the net income will be
Rp 53.509 dan Rp 252.062. Rp 53,509 and Rp 252,062, respectively.
Akuisisi PT Oto Multiartha dan PT Summit Oto The acquisition of PT Oto Multiartha and
Finance telah dilaksanakan sesuai Peraturan PT Summit Oto Finance has been conducted in
Bapepam-LK No. KEP-347/BL/2012 tanggal accordance with Bapepam-LK Regulation No.
25 Juni 2012 yaitu Peraturan VIII.G.7 tentang KEP-347/BL/2012 dated 25 June 2012,
“Penyajian dan Pengungkapan Laporan Regulation No. VIII.G.7 regarding “Presentation
Keuangan Emiten atau Perusahaan Publik”. and Disclosure of Public Company’s Financial
Statements”.
35
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 471
Page 474
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES
Kebijakan-kebijakan akuntansi yang material, yang The material accounting policies, consistently
diterapkan secara konsisten dalam penyusunan applied in the preparation of the consolidated
laporan keuangan konsolidasian Bank dan Entitas financial statements of the Bank and its
Anaknya (secara bersama-sama disebut “Grup”) subsidiaries (together referred to as the “Group”)
adalah sebagai berikut: are as follows:
a. Pernyataan Kepatuhan a. Statement of Compliance
Laporan keuangan konsolidasian Grup disusun The consolidated financial statements of the
dan disajikan sesuai dengan Standar Akuntansi Group has been prepared and presented in
Keuangan (“SAK”) Indonesia. accordance with Indonesian Financial
Accounting Standards (“SAK”).
Laporan keuangan konsolidasian juga disusun These consolidated financial statements have
dan disajikan sesuai dengan peraturan Badan also been prepared and presented in
Pengawas Pasar Modal dan Lembaga accordance with Capital Market and Financial
Keuangan (“BAPEPAM-LK” yang fungsinya Institutions Supervisory Agency (“BAPEPAM-
dialihkan kepada OJK sejak tanggal LK”, whose function has been transferred to
1 Januari 2013) No. VIII.G.7 yang merupakan OJK starting 1 January 2013) rule No. VIII.G.7,
lampiran keputusan ketua BAPEPAM-LK No. Appendix of the Decree of the Chairman of the
KEP 347/BL/2012 tanggal 25 Juni 2012 tentang BAPEPAM-LK No. KEP-347/BL/2012 dated
“Penyajian dan Pengungkapan Laporan 25 June 2012 regarding “Financial Statements
Keuangan Emiten atau Perusahaan Publik”. Presentation and Disclosure of the Issuer or
Public Company”.
Laporan keuangan konsolidasian ini yang These consolidated financial statements which
merupakan konsolidasian dari laporan represent the consolidation of the financial
keuangan Grup telah disetujui untuk diterbitkan statements of the Group, were authorized for
oleh direksi pada tanggal 27 Februari 2026. issuance by the Board of Directors on 27 February
2026.
Laporan keuangan konsolidasi ini disajikan These consolidated financial statements are
dalam bahasa Indonesia dan Inggris. Dalam hal presented in Indonesian and English languages.
terdapat perbedaan penafsiran akibat Should there be any difference in interpretation
penerjemahan bahasa, maka yang digunakan due to translation, the Indonesian version shall
sebagai acuan adalah dalam Bahasa Indonesia. prevail.
b. Dasar Penyusunan Laporan Keuangan b. Basis for Preparation of Consolidated
Konsolidasian Financial Statements
Laporan keuangan konsolidasian ini disajikan Figures in these consolidated financial
dalam Rupiah, yang merupakan mata uang statements are presented in Rupiah, which is
fungsional Grup. Kecuali dinyatakan secara the Group’s functional currency. Unless
khusus, informasi keuangan yang disajikan otherwise stated, financial information
telah dibulatkan menjadi jutaan Rupiah presented in Rupiah has been rounded to the
terdekat. nearest million.
Laporan keuangan konsolidasian disusun atas The consolidated financial statements have been
basis akrual dengan menggunakan konsep nilai prepared on the accrual basis using the historical
historis, kecuali jika standar akuntansi cost concept, except where the accounting
mensyaratkan pengukuran nilai wajar. standards require fair value measurement.
Laporan arus kas konsolidasian menyajikan The consolidated statements of cash flows
perubahan dalam kas dan setara kas dari present the changes in cash and cash equivalents
aktivitas operasi, investasi dan pendanaan. from operating, investing and financing activities.
Laporan arus kas disusun dengan metode The statements of cash flows are prepared using
langsung. Untuk tujuan laporan arus kas, kas the direct method. For the purpose of the
dan setara kas meliputi kas, giro pada Bank statements of cash flows, cash and cash
Indonesia, giro pada bank-bank lain, equivalents consist of cash, current accounts with
penempatan pada Bank Indonesia dan bank- Bank Indonesia, current accounts with other
bank lain, dan efek-efek yang jatuh tempo banks, placements with Bank Indonesia and
dalam waktu tiga bulan sejak tanggal other banks, and securities that mature within
perolehan, sepanjang tidak digunakan sebagai three months from the date of acquisition, as long
jaminan atas pinjaman yang diterima serta tidak as they are not being pledged as collateral for
dibatasi penggunaannya. borrowings nor restricted.
36
472 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 475
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
c. Penggunaan pertimbangan dan estimasi c. Use of judgments and estimates
Penyusunan laporan keuangan konsolidasian The preparation of consolidated financial
sesuai dengan SAK di Indonesia mengharuskan statements in conformity with SAK requires
manajemen untuk membuat pertimbangan dan management to make judgments and estimates
estimasi yang mempengaruhi penerapan that affect the application of accounting policies
kebijakan akuntansi dan jumlah aset, liabilitas, and the reported amounts of assets, liabilities,
pendapatan dan beban yang dilaporkan. income and expenses. Although these
Walaupun estimasi ini dibuat berdasarkan estimates are based on management’s best
pengetahuan terbaik manajemen atas kejadian knowledge of current events and activities,
dan kegiatan saat ini, hasil aktual dapat berbeda actual results may differ from those estimates.
dari estimasi tersebut.
Estimasi dan asumsi yang digunakan ditelaah Estimates and underlying assumptions are
secara berkesinambungan. Revisi atas estimasi reviewed on an ongoing basis. Revisions to
akuntansi diakui pada periode dimana estimasi accounting estimates are recognized in the
tersebut direvisi dan periode-periode yang akan periods in which the estimate is revised and in
datang yang dipengaruhi oleh revisi estimasi any future periods affected.
tersebut.
Informasi mengenai hal-hal penting yang terkait Information about significant areas of
dengan ketidakpastian estimasi dan estimation uncertainty and critical judgments in
pertimbangan-pertimbangan penting dalam applying accounting policies that have
penerapan kebijakan akuntansi yang memiliki significant effect on the amount recognized in
dampak yang signifikan terhadap jumlah yang the consolidated financial statements are
diakui dalam laporan keuangan konsolidasian described in Note 3.
dijelaskan di Catatan 3.
d. Perubahan kebijakan akuntansi d. Changes in accounting policies
Berikut ini adalah standar dan interpretasi The following standards and interpretation of
standar yang berlaku efektif tanggal standards became effective on
1 Januari 2025, memiliki pengaruh atas laporan 1 January 2025, have an effect on the Group’s
keuangan konsolidasian Grup, dan mungkin consolidated financial statements, and may
akan membutuhkan penerapan secara require retrospective application under
retrospektif sebagaimana diatur dalam PSAK 208, “Accounting Policies, Changes in
PSAK 208, “Kebijakan Akuntansi, Perubahan Accounting Estimates, and Errors”:
Estimasi Akuntansi, dan Kesalahan”:
- Amandemen PSAK 221 “Pengaruh - Amendments to PSAK 221 “The Effects of
Perubahan Kurs Valuta Asing: Changes in Foreign Exchange Rates:
Kekurangan Ketertukaran” Lack of Exchangeability”
- PSAK 117 “Kontrak Asuransi” - PSAK 117 “Insurance Contract”
Penerapan standar akuntansi yang disebutkan di The implementation of the above-mentioned
atas tidak memiliki dampak yang signifikan accounting standards did not have significant
terhadap laporan keuangan konsolidasian. impacts to the consolidated financial
statements.
e. Penjabaran Transaksi dan Saldo dalam e. Foreign Currency Transactions and
Valuta Asing Balances Translation
Transaksi-transaksi dalam valuta asing Transactions in foreign currencies are
dijabarkan ke dalam Rupiah, yang merupakan translated into Rupiah, the Group’s functional
mata uang fungsional Grup, dengan currency, at the exchange rates prevailing at
menggunakan kurs pada tanggal transaksi. the transaction date.
Saldo akhir tahun aset moneter dan liabilitas Year-end balances monetary assets and
moneter dalam valuta asing dijabarkan ke dalam liabilities denominated in foreign currencies are
Rupiah dengan menggunakan kurs pada tanggal translated into Rupiah using exchange rate as
laporan (penutupan) yang ditetapkan oleh Bank of the reporting date (closing) as determined by
Indonesia, yaitu kurs tengah yang merupakan Bank Indonesia, i.e. middle rates which are the
rata-rata kurs beli dan kurs jual berdasarkan average of buying rates and selling rates per
Reuters pada pukul 16.00 WIB. Reuters at 16.00 WIB.
37
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 473
Page 476
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
e. Penjabaran Transaksi dan Saldo dalam Valuta e. Foreign Currency Transactions and
Asing (lanjutan) Balances Translation (continued)
Kurs valuta asing utama yang digunakan pada The major exchange rates used as of the
tanggal pelaporan adalah sebagai berikut (nilai reporting date were as follows (full amount):
penuh):
31 Desember/December
2025 2024
1 Dolar Amerika Serikat (USD) 16,675.00 16,095.00 1 United States Dollar (USD)
1 Dolar Australia (AUD) 11,152.24 10,013.51 1 Australian Dollar (AUD)
1 Dolar Singapura (SGD) 12,965.05 11,844.58 1 Singapore Dollar (SGD)
1 Dolar Hong Kong (HKD) 2,142.30 2,073.11 1 Hong Kong Dollar (HKD)
1 Poundsterling Inggris (GBP) 22,439.55 20,218.54 1 British Poundsterling (GBP)
1 Yen Jepang (JPY) 106.50 103.03 1 Japanese Yen (JPY)
1 Euro (EUR) 19,571.45 16,758.12 1 Euro (EUR)
1 Franc Swiss (CHF) 21,026.42 17,815.04 1 Swiss Franc (CHF)
1 Yuan China (CNY) 2,385.00 2,198.50 1 China Yuan (CNY)
1 Baht Thailand (THB) 529.20 469.79 1 Thailand Baht (THB)
1 Ringgit Malaysia (MYR) 4,108.16 3,597.86 1 Malaysian Ringgit (MYR)
1 Rupee India (INR) 185.50 187.98 1 Indian Rupee (INR)
1 Riyal Arab Saudi (SAR) 4,446.50 - 1 Saudi Arabia Riyal (SAR)
Keuntungan dan kerugian selisih kurs yang The exchange gains and losses arising from
timbul dari transaksi dalam valuta asing dan dari transactions in foreign currencies and from the
penjabaran aset moneter dan liabilitas moneter translation of monetary assets and monetary
dalam valuta asing diakui pada laba rugi. liabilities denominated in foreign currencies are
recognized in profit or loss.
Laba atau rugi kurs valuta asing atas aset dan The foreign currency gains or losses on
liabilitas moneter merupakan selisih antara biaya monetary assets and liabilities are the
perolehan diamortisasi dalam Rupiah pada awal difference between amortized cost in Rupiah at
tahun, disesuaikan dengan tingkat suku bunga the beginning of the year, adjusted for effective
efektif dan pembayaran selama tahun berjalan, interest rate and payments during the year, and
dan biaya perolehan diamortisasi dalam valuta the amortized cost in foreign currency
asing yang dijabarkan ke dalam Rupiah dengan translated into Rupiah using the exchange rate
menggunakan kurs pada akhir tahun. at the end of the year.
f. Prinsip Konsolidasi f. Basis of Consolidation
Laporan keuangan konsolidasian mencakup The consolidated financial statements include
laporan keuangan Bank dan entitas anak. the accounts of the Bank and its subsidiaries.
Suatu pengendalian atas entitas anak dianggap Control over a subsidiary is presumed to exist if
ada bilamana Bank terekspos atau memiliki hak the Bank is exposed to, or has rights to, variable
atas imbal hasil variabel dari keterlibatannya returns from its involvement with the subsidiaries
dengan entitas anak dan memiliki kemampuan and has the ability to affect those returns through
untuk mempengaruhi imbal hasil tersebut melalui its power over the subsidiaries. The Bank
kekuasaannya atas entitas anak. Bank akan reassesses whether it has control if there are
menilai kembali apakah memiliki kendali jika ada changes to one or more of the elements of the
perubahan atas satu atau lebih unsur control. This includes circumstances in which
pengendalian. Ini termasuk situasi dimana hak protective rights held (e.g. those resulting from a
protektif yang dimiliki (seperti yang dihasilkan lending relationship) become substantive and
dari hubungan pinjaman) menjadi substantif dan lead to the Bank having power over a subsidiary.
mengakibatkan Bank memiliki kekuasaan atas
entitas anak.
Laporan keuangan dari entitas anak dimasukkan The financial statements of the subsidiaries are
ke dalam laporan keuangan konsolidasian sejak included in the consolidated financial statements
tanggal pengendalian dimulai sampai dengan from the date on which control commences until
tanggal pengendalian berakhir. the date when control ceases.
38
474 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 477
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
f. Prinsip Konsolidasi (lanjutan) f. Basis of Consolidation (continued)
Ketika Bank kehilangan kendali atas entitas anak, When the Bank loses control over a subsidiary,
Bank menghentikan pengakuan aset dan it derecognises the assets and liabilities of the
liabilitas entitas anak, dan kepentingan non- subsidiary, and any related non-controlling
pengendali terkait dan komponen ekuitas lainnya. interests and other components of equity. Any
Laba atau rugi yang timbul diakui dalam laba rugi. resulting gain or loss is recognized in profit or
Kepentingan yang dipertahankan di entitas anak loss. Any interest retained in the former
sebelumnya diukur sebesar nilai wajar ketika subsidiary is measured at fair value when the
pengendalian hilang. control is lost.
Seluruh transaksi dan saldo antar perusahaan All inter-company transactions and balances are
dieliminasi dalam laporan keuangan eliminated in the consolidated financial
konsolidasian, sehingga laporan keuangan statements; accordingly, the consolidated
konsolidasian hanya mencakup transaksi dan financial statements include only transactions and
saldo dengan pihak lain. balances with other parties.
Akuisisi entitas anak oleh Bank dicatat dengan The acquisition method is used to account for the
menggunakan metode akuisisi. Biaya perolehan acquisition of subsidiary by the Bank. The cost of
akuisisi diukur pada nilai wajar aset yang acquisition is measured at the fair value of the
diberikan, instrumen ekuitas yang diterbitkan, assets given, equity instruments issued, liabilities
liabilitas yang terjadi atau diambil dan incurred or assumed and contingent
penyesuaian harga beli kontinjensi, jika ada, consideration, if any, at the transaction date.
pada tanggal transaksi. Goodwill yang timbul dari Goodwill arising from the acquisition of subsidiary
akuisisi entitas anak diuji penurunan nilainya is tested at least annually for impairment. Any
minimal secara tahunan. Keuntungan yang gain on bargain purchase is recognized in profit
dihasilkan atas pembelian dengan diskon diakui or loss immediately. Transaction costs incurred in
langsung pada laba rugi. Biaya-biaya transaksi the acquisition of Subsidiary are directly
yang timbul dari akuisisi entitas anak dibebankan expensed in the current year profit or loss.
langsung pada laba rugi tahun berjalan.
Kepentingan non-pengendali diakui pada Non-controlling interest is recognized at the date
tanggal kombinasi bisnis dan selanjutnya of initial business combination and subsequently
disesuaikan dengan proporsi atas perubahan adjusted by proportion of change in identifiable
aset bersih teridentifikasi entitas anak. net assets of subsidiaries.
Perubahan dalam bagian kepemilikan Bank Changes in ownership interest in subsidiary that
pada entitas anak yang tidak mengakibatkan do not result in a loss of control are treated as
hilangnya pengendalian diperlakukan sebagai transaction between equity holders and are
transaksi antara pemegang ekuitas dan dicatat accounted for as equity transactions.
sebagai transaksi ekuitas.
Kepentingan non-pengendali disajikan di ekuitas Non-controlling interest is presented as part of
dalam laporan posisi keuangan konsolidasian equity in the consolidated statements of financial
dan dinyatakan sebesar proporsi pemegang position and represents the non-controlling
saham non-pengendali atas laba tahun berjalan shareholders’ proportionate share in the net
dan ekuitas entitas anak tersebut berdasarkan income for the year and equity of the subsidiary
persentase kepemilikan pemegang saham non- based on the percentage of ownership of the non-
pengendali pada entitas anak tersebut. controlling shareholders in the subsidiary.
g. Transaksi dengan Pihak-pihak Berelasi g. Transactions with Related Parties
Dalam laporan keuangan konsolidasian ini, In these consolidated financial statements, the
istilah pihak-pihak berelasi digunakan sesuai term related parties is used as defined in PSAK
dengan PSAK No. 224 mengenai No. 224 regarding “Related Party Disclosures”.
“Pengungkapan Pihak-pihak Berelasi”.
39
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 475
Page 478
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
Aset keuangan Grup terdiri dari kas, giro pada The Group’s financial assets consist of cash,
Bank Indonesia, giro pada bank-bank lain, current accounts with Bank Indonesia, current
penempatan pada Bank Indonesia dan bank- accounts with other banks, placements with Bank
bank lain, efek-efek, efek-efek yang dibeli Indonesia and other banks, securities, securities
dengan janji dijual kembali (reverse repo), purchased under resale agreements (reverse
tagihan derivatif, tagihan akseptasi, pinjaman repo), derivative receivables, acceptance
yang diberikan, pembiayaan/piutang syariah, receivables, loans, sharia financing/receivables,
piutang pembiayaan, penyertaan saham dan financing receivables, investment in shares and
tagihan lainnya (yang disajikan sebagai bagian other receivables (presented as part of other
dari aset lain-lain). assets).
Liabilitas keuangan Grup terdiri dari liabilitas The Group’s financial liabilities consist of
segera, simpanan dari nasabah, simpanan dari obligations due immediately, deposits from
bank-bank lain, efek-efek yang dijual dengan customers, deposits from other banks, securities
janji dibeli kembali (repo), liabilitas derivatif, sold under repurchase agreements (repo),
liabilitas akseptasi, efek-efek yang diterbitkan, derivative payables, acceptance payables,
pinjaman yang diterima, akrual, liabilitas sewa, securities issued, borrowings, accruals, lease
pinjaman subordinasi, dan liabilitas lain-lain. liabilities, subordinated loans, and other liabilities.
h.1. Klasifikasi h.1. Classification
Aset keuangan Financial assets
Grup mengklasifikasikan aset The Group classified its financial assets into
keuangannya ke dalam kategori sebagai the following categories on initial
berikut pada saat pengakuan awal: recognition:
i. Biaya perolehan diamortisasi; i. At amortized cost;
ii. Nilai wajar melalui penghasilan ii. Fair value through other comprehensive
komprehensif lain (“FVOCI”); income (“FVOCI”);
iii. Nilai wajar melalui laba rugi (“FVTPL”) iv. iii. Fair value through profit or loss
(“FVTPL”)
v.
Aset keuangan diklasifikasikan ke dalam Financial asset is classified into one of
salah satu dari kategori ini pada saat these categories on initial recognition based
pengakuan awal berdasarkan model bisnis on the business model within which it is
dimana aset keuangan tersebut dimiliki held, and its contractual cash flow
serta karakteristik arus kas kontraktualnya. characteristics. The business model reflects
Model bisnis merefleksikan bagaimana how groups of financial assets are managed
kelompok aset keuangan dikelola untuk to achieve a particular business objective.
mencapai tujuan bisnis tertentu.
vi.
Aset keuangan diukur dengan biaya A financial asset is measured at amortized
perolehan diamortisasi hanya jika cost only if it meets both of the following
memenuhi kedua kondisi berikut dan tidak conditions and is not designated as at
ditetapkan sebagai FVTPL: FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk memiliki aset business model whose objective is to
keuangan untuk tujuan mendapatkan hold the asset to collect contractual cash
arus kas kontraktual (hold to collect); dan flows (hold to collect); and
- Persyaratan kontraktual dari aset - Its contractual terms of the financial
keuangan yang pada tanggal tertentu asset give rise on specified dates to
menghasilkan arus kas yang merupakan cash flows that are solely payments of
pembayaran pokok dan bunga semata principal and interest on the principal
dari jumlah pokok terutang. amount outstanding.
40
476 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 479
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Aset keuangan diukur pada FVOCI hanya A financial asset is measured at FVOCI only
jika memenuhi kedua kondisi berikut dan if it meets both of the following conditions
tidak ditetapkan sebagai FVTPL: and is not designated as at FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk business model whose objective is
mendapatkan arus kas kontraktual dan achieved by both collecting contractual
menjual aset keuangan (hold to collect cash flows and selling the financial asset
and sell); dan (hold to collect and sell); and
- Persyaratan kontraktual dari aset - Its contractual terms of financial asset
keuangan yang pada tanggal tertentu give rise on specified dates to cash flows
menghasilkan arus kas yang merupakan that are solely payments of principal and
pembayaran pokok dan bunga semata interest on the principal amount
dari jumlah pokok terutang. outstanding.
Seluruh aset keuangan yang tidak All financial assets not classified as
diklasifikasikan sebagai diukur dengan biaya measured at amortized cost or FVOCI as
perolehan diamortisasi atau FVOCI described above are measured at FVTPL.
sebagaimana ketentuan di atas diukur
dengan FVTPL.
Aset keuangan tidak direklasifikasi setelah Financial assets are not reclassified
pengakuan awal, kecuali dalam periode subsequent to their initial recognition, except
setelah Grup mengubah model bisnis yang in the period after the Group changes its
mengelola aset keuangan. business model for managing financial
assets.
Penilaian model bisnis Business model assessment
Model bisnis Grup ditentukan pada level The Group's business model is defined at a
yang mencerminkan bagaimana kelompok level that reflects how group of financial
aset keuangan dikelola bersama-sama assets are managed together to achieve
untuk mencapai tujuan bisnis tertentu. Model certain business objectives. The Group’s
bisnis Grup tidak bergantung pada intensi model does not depend on management's
manajemen untuk instrumen individu. intention for individual instruments.
Sejalan dengan hal tersebut, kondisi ini Accordingly, this condition is not an
bukan merupakan pendekatan instrumen- instrument-by-instrument approach to
per-instrumen untuk klasifikasi dan classification and is determined at a higher
ditentukan pada level agregasi yang lebih level of aggregation, which is at portfolio
tinggi yaitu pada level portfolio. level.
Model bisnis Grup mengacu pada The Group’s business model refers to
pengelolaan aset keuangan untuk managing financial assets to generate cash
menghasilkan arus kas. Arus kas akan flows. Cash flows will result from obtaining
dihasilkan dari memperoleh arus kas contractual cash flows, selling financial
kontraktual, menjual aset keuangan atau assets or both. This assessment is not made
keduanya. Penilaian ini tidak dilakukan atas based on a scenario where the Group does
dasar skenario bahwa Grup tidak not expect a “worst condition” scenario or a
mengharapkan terjadinya skenario “kondisi “stress condition” scenario to occur. In a
terburuk” atau skenario “kondisi stres”. situation where the Group sells certain
Dalam kondisi Grup menjual portofolio aset portfolios of financial assets in a worst-case
keuangan tertentu dalam skenario kondisi scenario, that scenario will not affect the
terburuk, skenario itu tidak akan assessment of the business model for that
mempengaruhi penilaian terhadap model asset if the Group reasonably expects that
bisnis untuk aset tersebut jika Grup secara such a scenario will not occur.
wajar mengharapkan bahwa skenario
seperti itu tidak akan terjadi.
41
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 477
Page 480
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penilaian model bisnis (lanjutan) Business model assessment (continued)
Akan tetapi, ketika Grup menilai model bisnis However, when the Group assesses the
untuk aset keuangan yang baru diterbitkan business model for newly issued or recently
atau baru dibeli, Grup harus purchased financial assets, it must consider
mempertimbangkan informasi tentang information about how cash flows were
bagaimana arus kas direalisasikan di masa realized in the past, along with all other
lalu, bersama dengan semua informasi yang relevant information.
relevan lainnya.
Model bisnis untuk mengelola aset The business model for managing financial
keuangan adalah kenyataan dan bukan assets is a reality and not just an assertion.
hanya sebuah asersi. Hal ini biasanya This is usually observed through the
diobservasi melalui aktivitas yang dilakukan activities the entity carries out to achieve the
Grup untuk mencapai tujuan dari model objectives of the business model. The Group
bisnis. Grup mempertimbangkan semua considers all relevant evidence available at
bukti yang relevan yang tersedia pada the valuation date. The relevant evidence
tanggal penilaian. Bukti yang relevan includes, but is not limited to:
tersebut termasuk, tetapi tidak terbatas
pada:
- kebijakan dan tujuan yang dinyatakan - the stated policies and objectives for the
untuk portofolio dan pengoperasian portfolio and the operation of those
kebijakan tersebut dalam praktiknya. policies in practice. In particular, whether
Secara khusus, apakah strategi management’s strategy focusses on
manajemen berfokus pada menghasilkan earning contractual interest income,
pendapatan bunga kontraktual, maintaining a particular interest rate
mempertahankan profil suku bunga profile, matching the duration of the
tertentu, mencocokkan durasi aset financial assets to the duration of the
keuangan dengan durasi liabilitas yang liabilities that are funding those assets or
mendanai aset tersebut atau mewujudkan realising cash flows through sale of the
arus kas melalui penjualan aset; assets;
- bagaimana kinerja portofolio dievaluasi - how the performance of the portfolio is
dan dilaporkan kepada personil evaluated and reported to key
manajemen kunci; management personnel;
- risiko yang memengaruhi kinerja dari - the risks that affect the performance of
model bisnis (dan aset keuangan yang the business model (and the financial
dimiliki dalam model bisnis tersebut) dan assets held within that business model)
strategi mengenai bagaimana risiko and its strategy for how those risks are
tersebut dikelola; dan managed; and
- bagaimana manajer bisnis dikompensasi - how the business manager is
(sebagai contoh, apakah kompensasi compensated (for example, whether the
berdasarkan nilai wajar dari aset yang compensation is based on the fair value
dikelola atau arus kas kontraktual yang of assets under management or the
diperoleh). contractual cash flows obtained).
42
478 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 481
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penilaian apakah arus kas kontraktual Assessment of whether contractual cash
hanya merupakan pembayaran pokok dan flows are solely payments of principal and
bunga semata (SPPI) interest (SPPI)
Untuk tujuan penilaian ini, ‘pokok’ For the purposes of this assessment,
didefinisikan sebagai nilai wajar dari aset ‘principal’ is defined as the fair value of the
keuangan pada pengakuan awal. ‘Bunga’ financial asset on initial recognition.
didefinisikan sebagai imbalan untuk nilai ‘Interest’ is defined as consideration for the
waktu atas uang dan untuk risiko kredit yang time value of money and for the credit risk
terkait dengan jumlah pokok yang terutang associated with the principal amount
selama periode waktu tertentu dan untuk outstanding during a particular period of
risiko dan biaya pinjaman dasar lainnya time and for other basic lending risks and
(misalnya risiko likuiditas dan biaya costs (e.g. liquidity risk and administrative
administrasi), serta marjin keuntungan. costs), as well as profit margin.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash
adalah SPPI, Grup mempertimbangkan flows are SPPI, the Group considers the
ketentuan kontraktual instrumen tersebut. contractual terms of the instrument. This
Hal ini termasuk menilai apakah aset includes assessing whether the financial
keuangan mengandung ketentuan asset contains a contractual term that could
kontraktual yang dapat mengubah waktu change the timing or amount of contractual
atau jumlah arus kas kontraktual sehingga cash flows such that it would not meet this
tidak memenuhi kondisi ini. Dalam condition. In making the assessment, the
melakukan penilaian, Grup Group considers:
mempertimbangkan:
- Peristiwa kontinjensi yang akan - Contingent events that would change
mengubah jumlah dan waktu arus kas; the amount and timing of cash flows;
- Fitur leverage; - Leverage features;
- Ketentuan percepatan pelunasan dan - Prepayment and extension terms;
perpanjangan;
- Ketentuan yang membatasi klaim Grup - Terms that limit the Group’s claim to
atas arus kas dari aset tertentu (seperti cash flows from specified assets (e.g.
pinjaman non-recourse); dan non-recourse loans); and
- Fitur yang memodifikasi imbalan dari nilai - Features that modify consideration of
waktu atas uang (seperti penetapan the time value of money (e.g. periodical
ulang suku bunga berkala). reset of interest rates).
Liabilitas keuangan Financial liabilities
Liabilitas keuangan diklasifikasikan ke Financial liabilities are classified into the
dalam kategori pengukuran sebagai berikut following measurement categories at initial
pada saat pengakuan awal berdasarkan recognition based on their nature and
sifat dan tujuannya: purpose:
i. Diukur pada nilai wajar melalui laba rugi, i. Fair value through profit or loss, which has
yang memiliki 2 (dua) sub-klasifikasi, 2 (two) sub-classifications, i.e. financial
yaitu liabilitas keuangan yang ditetapkan liabilities designated as such upon initial
demikian pada saat pengakuan awal dan recognition and financial liabilities
liabilitas keuangan yang diklasifikasikan classified as held for trading;
dalam kelompok diperdagangkan;
ii. Liabilitas keuangan yang diukur pada ii. Financial liabilities measured at amortized
biaya perolehan diamortisasi. cost.
43
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 479
Page 482
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Liabilitas keuangan (lanjutan) Financial liabilities (continued)
Liabilitas keuangan diklasifikasikan sebagai A financial liability is classified as held for
diperdagangkan jika diperoleh atau dimiliki trading if it is acquired or incurred principally
terutama untuk tujuan dijual atau dibeli for the purpose of selling or repurchasing it
kembali dalam waktu dekat atau jika in the near term or if it is part of a portfolio of
merupakan bagian dari portofolio instrumen identified financial instruments that are
keuangan tertentu yang dikelola bersama managed together and for which there is
dan terdapat bukti mengenai pola ambil evidence of a recent actual pattern of short-
untung dalam jangka pendek (short-term term profit-taking. Derivatives are also
profit-taking) yang terkini. Derivatif categorised as held for trading instrument
diklasifikasikan sebagai instrumen unless they are designated and effective as
diperdagangkan kecuali ditetapkan dan hedging instruments.
efektif sebagai instrumen lindung nilai.
Keuntungan dan kerugian yang timbul dari Gains and losses arising from changes in fair
perubahan nilai wajar liabilitas keuangan value of financial liabilities are recognized in
diakui dalam laba rugi tahun berjalan. current year profit or loss.
Liabilitas keuangan yang diukur pada biaya Financial liabilities measured at amortized
perolehan diamortisasi terdiri dari liabilitas cost consist of non-derivative financial
keuangan non-derivatif yang tidak dimiliki liabilities that are not held for trading purpose
untuk diperdagangkan dan tidak ditetapkan and not designated at fair value through
pada nilai wajar melalui laba rugi. profit or loss.
h.2. Pengakuan h.2. Recognition
Pada saat pengakuan awal, aset keuangan A financial asset or financial liability is initially
atau liabilitas keuangan diukur pada nilai measured at fair value plus/less (for financial
wajar ditambah/dikurangi (untuk instrumen instruments not subsequently measured at
keuangan yang tidak diukur pada nilai wajar fair value through profit or loss) transaction
melalui laba rugi setelah pengakuan awal) costs that are directly attributable to the
biaya transaksi yang dapat diatribusikan acquisition of a financial asset or issuance of
secara langsung atas perolehan aset a financial liability. The subsequent
keuangan atau penerbitan liabilitas measurement of financial assets and
keuangan. Pengukuran aset keuangan dan financial liabilities depends on their
liabilitas keuangan setelah pengakuan awal classification.
tergantung pada klasifikasi aset keuangan
dan liabilitas keuangan tersebut.
Biaya transaksi hanya meliputi biaya-biaya Transaction costs include only those costs
yang dapat diatribusikan secara langsung that are directly attributable to the acquisition
untuk perolehan suatu aset keuangan atau of a financial asset or issuance of a financial
penerbitan suatu liabilitas keuangan dan liability and are incremental costs that would
merupakan biaya tambahan yang tidak akan not have been incurred if the instrument had
terjadi apabila instrumen keuangan tersebut not been acquired or issued. In the case of
tidak diperoleh atau diterbitkan. Untuk aset financial assets, transaction costs are added
keuangan, biaya transaksi ditambahkan to the amount recognized initially, while for
pada jumlah yang diakui pada awal financial liabilities, transaction costs are
pengakuan aset, sedangkan untuk liabilitas deducted from the amount of debt
keuangan, biaya transaksi dikurangkan dari recognized initially. Such transaction costs
jumlah utang yang diakui pada awal are amortized over the terms of the
pengakuan liabilitas. Biaya transaksi tersebut instruments based on the effective interest
diamortisasi selama umur instrumen method and are recorded as part of interest
berdasarkan metode suku bunga efektif dan income for transaction costs related to
dicatat sebagai bagian dari pendapatan financial assets or interest expense for
bunga untuk biaya transaksi sehubungan transaction costs related to financial
dengan aset keuangan atau sebagai bagian liabilities.
dari beban bunga untuk biaya transaksi
sehubungan dengan liabilitas keuangan.
44
480 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 483
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.2. Pengakuan (lanjutan) h.2. Recognition (continued)
Grup pada awalnya mengakui The Group initially recognizes
pinjaman/pembiayaan yang diberikan dan loans/financing and deposits on the date of
simpanan pada tanggal perolehan. origination.
Pembelian dan penjualan aset keuangan Regular way purchases and sales of
yang lazim (reguler) diakui pada tanggal financial assets are recognized on the trade
perdagangan dimana Grup memiliki date at which the Group commits to
komitmen untuk membeli atau menjual aset purchase or sell those assets.
tersebut.
Semua aset dan liabilitas keuangan lainnya All other financial assets and liabilities are
pada awalnya diakui pada tanggal initially recognized on the trade date at
perdagangan dimana Grup menjadi suatu which the Group becomes a party to the
pihak dalam ketentuan kontraktual instrumen contractual provisions of the instrument.
tersebut.
h.3. Biaya perolehan diamortisasi dan nilai h.3. Amortized cost and gross carrying
tercatat bruto amount
‘Biaya perolehan diamortisasi’ aset keuangan The ‘amortized cost’ of a financial asset or
atau liabilitas keuangan merupakan suatu financial liability is the amount at which the
nilai dimana aset keuangan atau liabilitas financial asset or financial liability is measured
keuangan diukur pada saat pengakuan awal on initial recognition minus the principal
dikurangi pembayaran pokok, ditambah atau repayments, plus or minus the cumulative
dikurangi amortisasi kumulatif menggunakan amortization using the effective interest methof
metode suku bunga efektif atas selisih antara of any difference between that initial amount
nilai awal dan nilai jatuh temponya dan, untuk and the maturity amount and, for financial
aset keuangan, disesuaikan dengan assets, adjusted for any allowance for
cadangan kerugian penurunan nilai. ‘Nilai impairment losses. The ‘gross carrying
tercatat bruto aset keuangan’ merupakan amount of financial asset’ is the amortized cost
biaya perolehan diamortisasi aset keuangan of a financial asset before adjusting for any
sebelum dikurangi cadangan kerugian allowance for impairment losses.
penurunan nilai.
h.4. Penghentian pengakuan h.4. Derecognition
Grup menghentikan pengakuan aset The Group derecognizes a financial asset
keuangan pada saat hak kontraktual atas when the contractual rights to the cash flows
arus kas yang berasal dari aset keuangan from the financial asset expire, or when the
tersebut kadaluwarsa, atau Grup mentransfer Group transfers the rights to receive the
seluruh hak untuk menerima arus kas contractual cash flows on the financial asset in
kontraktual dari aset keuangan dalam a transaction in which substantially all the risks
transaksi dimana Grup secara substansial and rewards of ownership of the financial
telah mentransfer seluruh risiko dan manfaat asset are transferred. Any interest in
atas kepemilikan aset keuangan yang transferred financial assets that is created or
ditransfer. Setiap hak atau liabilitas atas aset retained by the Group is recognized as a
keuangan yang ditransfer yang timbul atau separate asset or liability.
yang masih dimiliki oleh Grup diakui sebagai
aset atau liabilitas secara terpisah.
Grup menghentikan pengakuan liabilitas The Group derecognizes a financial liability
keuangan pada saat liabilitas yang ditetapkan when its contractual obligations are
dalam kontrak dilepaskan atau dibatalkan discharged or cancelled or expired.
atau kadaluwarsa.
45
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 481
Page 484
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.4. Penghentian pengakuan (lanjutan) h.4. Derecognition (continued)
Dalam transaksi dimana Grup secara In transactions in which the Group neither
substansial tidak memiliki atau tidak retains nor transfers substantially all the risks
mentransfer seluruh risiko dan manfaat atas and rewards of ownership of a financial asset,
kepemilikan aset keuangan, Grup the Group derecognizes the asset if it does not
menghentikan pengakuan aset tersebut jika retain control over the asset. The rights and
Grup tidak lagi memiliki pengendalian atas aset obligations retained in the transfer are
tersebut. Hak dan kewajiban yang masih dimiliki recognized separately as assets and liabilities
dalam transfer tersebut diakui secara terpisah as appropriate. In transfers in which control over
sebagai aset atau liabilitas. Dalam transfer the asset is retained, the Group continues to
dimana pengendalian atas aset masih dimiliki, recognise the asset to the extent of its
Grup tetap mengakui aset yang ditransfer continuing involvement, determined by the
tersebut sebesar keterlibatan berkelanjutan, extent to which it is exposed to changes in the
dimana tingkat keberlanjutan Grup dalam aset value of the transferred asset.
yang ditransfer adalah sebesar perubahan nilai
aset yang ditransfer.
Grup menghapusbukukan aset keuangan dan The Group writes off a financial asset and any
cadangan kerugian penurunan nilai terkait, related allowance for impairment losses, when
pada saat Grup menentukan bahwa aset the Group determines that the financial asset is
keuangan tersebut tidak dapat ditagih. uncollectible. This determination is reached
Keputusan ini diambil setelah after considering information such as the
mempertimbangkan informasi seperti telah occurrence of significant changes in the
terjadinya perubahan signifikan pada posisi financial position of borrower/financial asset’s
keuangan debitur/penerbit aset keuangan issuer such that the borrower/financial asset’s
sehingga debitur/penerbit aset keuangan tidak issuer can no longer pay the obligation, or that
lagi dapat melunasi kewajibannya, atau hasil proceeds from collateral will not be sufficient to
penjualan agunan tidak akan cukup untuk pay back the credit exposure.
melunasi seluruh eksposur kredit yang
diberikan.
h.5. Saling hapus h.5. Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and
disalinghapuskan dan jumlah netonya the net amount reported in the consolidated
dilaporkan pada laporan posisi keuangan statements of financial position when there is
konsolidasian ketika terdapat hak yang a legally enforceable right to offset the
berkekuatan hukum untuk melakukan saling recognized amounts and there is an intention
hapus atas jumlah yang telah diakui tersebut to settle on a net basis, or realise the asset
dan adanya niat untuk menyelesaikan and settle the liability simultaneously. The
liabilitas secara bersamaan. Hak saling legally enforceable right must not be
hapus tidak kontinjen atas peristiwa di masa contingent on future events and must be
depan dan dapat dipaksakan secara hukum enforceable in the normal course of business
dalam situasi bisnis yang normal dan dalam and in the event of default insolvency or
peristiwa gagal bayar, atau peristiwa bankruptcy of the Group or the counterparty.
kepailitan atau kebangkrutan Grup atau pihak
lawan.
Pendapatan dan beban disajikan dalam Income and expenses are presented on a net
jumlah bersih hanya jika diperkenankan oleh basis only when permitted by accounting
standar akuntansi. standards.
46
482 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 485
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan assets
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi
Dalam mengestimasi cadangan kerugian To estimate impairment loss allowance on
penurunan nilai atas aset keuangan, Grup financial assets, the Group has implemented
telah menerapkan PSAK 109 sejak tanggal PSAK 109 since 1 January 2020. PSAK 109
1 Januari 2020. PSAK 109 mengharuskan requires a loss allowance to be recognized at
cadangan kerugian diakui sebesar kerugian an amount equal to either 12-month Expected
kredit ekspektasian (“KKE”) 12 bulan atau Credit Losses (“ECL”) or lifetime ECL.
kerugian kredit ekspektasian sepanjang Lifetime ECL is the ECL that results from all
umur aset keuangan (KKE lifetime). KKE possible default events over the expected life
lifetime adalah kerugian ekspektasian yang of a financial instrument, whereas 12-month
berasal dari semua kemungkinan kejadian ECL is the portion of ECL that results from
gagal bayar sepanjang umur ekspektasian default events that are possible within the 12-
suatu instrumen keuangan, sedangkan month after reporting date.
KKE 12 bulan adalah porsi dari kerugian
kredit ekspektasian yang berasal dari
kemungkinan kejadian gagal bayar dalam
12 bulan setelah tanggal pelaporan.
Kerugian kredit ekspektasian merupakan Expected credit losses are a probability-
estimasi probabilitas tertimbang dari weighted estimate of credit losses (i.e the
kerugian kredit (yaitu nilai kini dari seluruh present value of all cash shortfalls) over the
kekurangan kas) selama perkiraan umur expected life of the financial instrument. A
instrumen keuangan. Kekurangan kas cash shortfall is the difference between the
adalah selisih antara arus kas yang cash flows that are due to an entity in
diperkirakan akan diterima entitas. Karena accordance with the contract and the cash
kerugian kredit ekspektasian flows that the entity expects to receive.
mempertimbangkan jumlah dan waktu Because expected credit losses consider the
pembayaran, kerugian kredit tetap timbul amount and timing of payments, a credit loss
meskipun entitas mengharapkan untuk arises even if the entity expects to be paid in
dibayar penuh namun setelah jatuh tempo full but later than when contractually due.
kontraktual.
KKE diakui untuk seluruh instrumen utang ECL are recognized for all financial debt
keuangan, komitmen pinjaman dan jaminan instruments, loan commitments and financial
keuangan yang diklasifikasikan sebagai hold guarantees that are classified as hold to
to collect atau hold to collect and sell dan collect or hold to collect and sell and have
memiliki arus kas SPPI. KKE tidak diakui SPPI cash flows. ECL is not recognized for
untuk instrumen keuangan yang detetapkan financial instruments designated as FVTPL
sebagai FVTPL dan instrumen ekuitas yang and equity instruments designated as FVOCI.
ditetapkan sebagai FVOCI.
Sesuai dengan ISAK 102, khusus untuk In accordance to ISAK 102, particularly for
transaksi berbasis syariah, pengukuran sharia-based transactions, the allowance for
penurunan nilai dari aset keuangan tidak impairment losses of financial assets does
mengadopsi PSAK 109. not adopt PSAK 109.
47
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 483
Page 486
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pada setiap tanggal pelaporan, Grup akan At each reporting date, the Group shall
mengukur cadangan kerugian instrumen measure the loss allowance for a financial
keuangan sebesar kerugian kredit instrument at an amount equal to the lifetime
sepanjang umur (lifetime) instrumen credit losses, except in the following
keuangan, kecuali dalam kondisi berikut, condition, for which the amount recognized
dimana cadangan kerugian yang akan diakui will be 12-month ECL:
sebesar KKE 12 bulan:
• instrumen keuangan dengan risiko kredit • financial instruments with low credit risk;
rendah; dan and
• instrumen keuangan dengan risiko kredit • financial instruments for which credit risk
yang belum meningkat secara signifikan has not increased significantly since initial
sejak pengakuan awal. recognition.
Estimasi eksposur kredit untuk tujuan The estimation of credit exposure for risk
manajemen risiko adalah kompleks dan management purpose is complex and
membutuhkan penggunaan model, requires the use of models, as the exposure
dikarenakan eksposur yang bervariasi varies with changes in market conditions,
terkait dengan perubahan kondisi pasar,
arus kas yang diharapkan dan berjalannya expected cash flows and the passage of time.
waktu. Penilaian risiko kredit dari portofolio The assessment of credit risk of a portfolio of
aset memerlukan estimasi lebih lanjut assets entails further estimations as to the
mengenai kemungkinan terjadinya gagal likelihood of defaults occurring, of the
bayar, dari rasio kerugian yang terkait dan associated loss ratios and of default
korelasi gagal bayar antar pihak. Grup correlations between counterparties. The
mengukur risiko kredit menggunakan Group measures credit risk using Probability
Probability of Default (PD), Exposure at of Default (PD), Exposure at Default (EAD),
Default (EAD), Loss Given Default (LGD) Loss Given Default (LGD) and
dan variabel makroekonomi untuk estimasi
yang bersifat perkiraan masa depan macroeconomic variables for forward looking
(forward-looking). perspective.
Untuk menentukan kerugian kredit To determine the expected credit loss (ECL),
ekspektasian (KKE), komponen-komponen these components are multiplied together
tersebut akan diperhitungkan bersama- and discounted to the reporting date using
sama dan didiskontokan ke tanggal the effective interest rate. The basis of inputs,
pelaporan menggunakan suku bunga efektif.
Dasar input, asumsi dan teknik estimasi assumptions and the estimation technique
diungkapkan di Catatan 3. are disclosed in Note 3.
Untuk portofolio korporasi, risiko kredit For corporate portfolio, credit risk is
diukur berdasarkan pada pengelompokkan measured based on grouping grade of
tingkat peringkat internal. internal grading.
Untuk portofolio tresuri, risiko kredit diukur For the treasury portfolio, credit risk is
berdasarkan pada pengelompokkan tingkat measured based on grouping grade of
peringkat internal. Apabila tidak terdapat internal grading. If there is no information of
informasi peringkat internal untuk pihak internal grading for counterparty, the
lawan, pengelompokkan didasarkan pada
peringkat kredit dari pihak lawan. Untuk categorizing is based on credit rating from
perhitungan PD, Bank menggunakan counterparty issuer. For PD calculation, the
struktur jangka waktu (term structure) PD Bank uses PD term structure issued by
yang dikeluarkan oleh peringkat eksternal. external rating.
48
484 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 487
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Untuk kategori portofolio ritel, risiko kredit For retail portfolio category, the credit risk is
diukur berdasarkan pada kelompok hari measured based on days past due buckets to
tunggakan untuk membentuk term structure create PD term structure used to compute
PD yang akan digunakan untuk menghitung ECL calculation by statistical model
perhitungan KKE dengan pendekatan model approach.
statistik.
Grup menganggap efek-efek investasi yang The Group considers a Rupiah denominated
diterbitkan oleh pemerintah (seperti obligasi government investment securities (such as
pemerintah) dalam mata uang Rupiah dan government bonds) and funds placed with
dana yang ditempatkan pada Bank Bank Indonesia are having low credit risk,
Indonesia memiliki risiko kredit yang rendah, since the principal and interest of
karena pokok dan bunga efek-efek government investment securities are
pemerintah tersebut dijamin oleh pemerintah guaranteed by the government and there is
dan tidak ada kerugian yang pernah terjadi. no historical loss experience. The Group
Grup tidak menerapkan pengecualian risiko does not apply the low credit risk exemption
kredit yang rendah atas instrumen keuangan to any other financial instruments.
lainnya.
Pengukuran kerugian kredit ekspektasian Expected credit loss measurement
Sesuai PSAK 109, Grup menerapkan model In accordance with PSAK 109, the Group
"Tiga-Tahap" untuk penurunan nilai applied “Three-Stage” model for impairment
berdasarkan perubahan kualitas kredit sejak based on changes in credit quality since initial
pengakuan awal seperti dirangkum di bawah recognition as summarised below:
ini:
- Instrumen keuangan yang tidak - A financial instrument that is not credit-
mengalami penurunan nilai kredit sejak impaired since initial recognition is
pengakuan awal diklasifikasikan dalam classified in “Stage 1”.
“Tahap 1”.
- Jika peningkatan signifikan dalam risiko - If a significant increase in credit risk
kredit ("SICR") sejak pengakuan awal (“SICR”) since initial recognition is
diidentifikasi, instrumen keuangan identified, the financial instrument is
dipindahkan ke "Tahap 2" tetapi belum moved to “Stage 2” but is not yet deemed
dianggap mengalami penurunan nilai to be credit-impaired.
kredit.
- Jika instrumen keuangan mengalami - If the financial instrument is credit-
penurunan nilai kredit/memburuk, impaired, the financial instrument is then
instrumen keuangan kemudian moved to “Stage 3”.
dipindahkan ke "Tahap 3"
49
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 485
Page 488
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian (lanjutan) (continued)
Instrumen keuangan - Tahap 1 Financial instruments - Stage 1
Kerugian kredit ekspektasian instrumen Stage 1 expected credit losses are
keuangan Tahap 1 diakui sebesar recognized at the amount of cash shortfalls
kekurangan kas yang timbul dari arising from possible default events up to 12
kemungkinan gagal bayar di masa depan months into the future from the reporting
dalam kurun waktu 12 bulan sejak tanggal date. Expected credit losses continue to be
pelaporan. Kerugian kredit ekspektasian determined on this basis until there is either
terus ditentukan oleh dasar ini sampai a significant increase in the credit risk of an
terjadi peningkatan risiko kredit yang instrument or the instrument becomes credit-
signifikan pada instrumen tersebut atau impaired where the expected credit losses
instrumen tersebut telah mengalami will be determined based on lifetime. If an
penurunan nilai kredit dimana kerugian instrument is no longer considered to exhibit
kredit ekspektasian akan dihitung a significant increase in credit risk, expected
berdasarkan basis lifetime. Jika suatu credit losses will revert to being determined
instrumen tidak lagi dianggap menunjukkan on a 12-month basis.
peningkatan risiko kredit yang signifikan,
maka kerugian kredit ekspektasian dihitung
kembali berdasarkan basis 12 bulan.
Peningkatan risiko kredit secara signifikan Significant increase in credit risk (SICR) -
(SICR) - Tahap 2 Stage 2
Grup menganggap instrumen keuangan telah The Group considers a financial instrument to
mengalami peningkatan risiko kredit yang have experienced a significant increase in
signifikan ketika kriteria di bawah ini telah credit risk when the below criteria have been
dipenuhi: met:
- Untuk segmen korporasi menggunakan - For corporate segments use watchlist
parameter daftar pantauan (watchlist) parameters and 12-month PD change by
dan perubahan nilai PD 12 bulan 100% resulted from internal grading
sebesar 100% sebagai akibat movement from its initial recognition.
perpindahan peringkat internal sejak
pengakuan awal.
- Untuk instrumen keuangan di tresuri - For treasury financial instruments use 3
menggunakan pergerakan 3 titik (notch) notch movements from origination rating
dari peringkat pada saat pengakuan at its initial recognition.
awal.
- Untuk segmen ritel menggunakan - For retail segment use days past due
informasi jumlah hari tunggakan dalam information in month in arrears grouping.
sebulan dalam kelompok tunggakan. SICR incurred if the days past due
SICR terjadi ketika jumlah hari reached more than 30 days.
tunggakan mencapai lebih dari 30 hari.
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3
Aset keuangan yang mengalami penurunan Financial assets that are credit impaired (or in
nilai (atau gagal bayar) merupakan aset yang default) represent those that are at least 90
setidaknya telah memiliki tunggakan lebih days past due in respect of principal and/or
dari 90 hari atas pokok dan/atau bunga. Aset interest. Financial assets are also considered
keuangan juga dianggap mengalami to be credit impaired where the debtors are
penurunan nilai kredit dimana debitur unlikely to pay on the occurrence of one or
kemungkinan besar tidak akan membayar more observable events that have a
dengan terjadinya satu atau lebih kejadian detrimental impact on the estimated future
yang teramati yang memiliki dampak cash flows of the financial asset.
menurunkan jumlah estimasi arus kas masa
depan dari aset keuangan tersebut.
50
486 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 489
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit ekspektasian Expected credit loss measurement
(lanjutan) (continued)
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3 (continued)
(lanjutan)
Pinjaman korporasi Corporate loans
Pinjaman korporasi yang dikategorikan Corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans from debtors with internal
dari debitur dengan peringkat internal 7R atau grading at 7R or lower.
lebih rendah.
Pinjaman non-korporasi Non-corporate loans
Pinjaman non-korporasi yang dikategorikan Non-corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans that satisfy at least one of
yang memenuhi setidaknya satu dari kriteria the following criteria:
berikut:
a. Hari tunggakan lebih dari 90 hari a. Days past due over 90 days
b. Kolektibilitas OJK 3, 4 dan 5 b. OJK Grading 3, 4 and 5
Cadangan kerugian penurunan nilai Loss provisions against credit-impaired
terhadap aset keuangan yang mengalami financial assets are determined based on an
penurunan nilai ditentukan berdasarkan assessment of the recoverable cash flows
penilaian terhadap arus kas yang dapat under a range of scenarios with weighted
dipulihkan berdasarkan sejumlah skenario probabilities, including the realisation of any
dengan probabilitas tertimbang, termasuk collateral held where appropriate. The loss
realisasi jaminan yang dimiliki jika provisions held represent the difference
memungkinkan. Cadangan kerugian between the present value of the cash flows
penurunan nilai merupakan selisih antara expected to be recovered, discounted at the
nilai sekarang dari arus kas yang instrument’s original effective interest rate, and
diperkirakan akan dipulihkan, didiskontokan the gross carrying value of the instrument prior
pada suku bunga efektif awal, dan nilai to any credit impairment.
tercatat bruto instrumen sebelum penurunan
nilai kredit.
Pengukuran KKE di seluruh tahapan aset The measurement of ECL across all stages is
diperlukan untuk mencerminkan jumlah yang required to reflect an unbiased and probability-
tidak bias dan probabilitas tertimbang yang weighted amount that is determined by
ditentukan dengan mengevaluasi evaluating a range of reasonably possible
serangkaian kemungkinan yang dapat outcomes using reasonable and supportable
terjadi menggunakan informasi yang wajar information about past events, current
dan terdukung dengan peristiwa masa conditions and forecasts of future economic
lampau, kondisi saat ini, dan proyeksi terkait conditions.
dengan kondisi ekonomi di masa depan.
51
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 487
Page 490
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian (lanjutan) (continued)
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3 (continued)
(lanjutan)
Periode yang diperhitungkan ketika The period considered when measuring ECL
mengukur KKE adalah periode yang lebih is the shorter of the expected life and the
pendek antara umur ekspektasian dan contractual term of the financial asset. The
periode kontrak aset keuangan, Umur expected life may be impacted by
ekspektasian dapat dipengaruhi oleh prepayments and the maximum contractual
pembayaran dimuka dan periode kontrak term by extension options. For certain
maksimum melalui opsi perpanjangan revolving portfolios, the expected life is
kontrak. Untuk portfolio revolving tertentu, assessed over the period that the Group is
umur ekspektasian dinilai sepanjang periode exposed to credit risk, not the contractual term
dimana Grup terekspos dengan risiko kredit, of contract.
bukan sepanjang periode kontrak.
KKE atas komitmen pinjaman dan jaminan ECL on loan commitments and financial
keuangan diakui pada liabilitas lain-lain. Jika guarantees is recognized as other liabilities.
intrumen keuangan mencakup komponen Where a financial instrument includes both a
yang telah ditarik dan yang belum ditarik, drawn and an undrawn component, and the
dan Bank tidak dapat mengidentifikasi KKE Bank cannot identify the ECL on the loan
pada komponen pinjaman secara terpisah commitment component separately from
dari komponen yang telah ditarik, Bank those on the drawn component, the Bank
menyajikan cadangan kerugian gabungan presents a combined loss allowance for both
untuk kedua komponen. Jumlah gabungan components. The combined amount is
cadangan kerugian disajikan sebagai presented as a deduction from the gross
pengurang dari nilai tercatat bruto carrying amount of the drawn component. Any
komponen yang telah ditarik. Kelebihan dari excess of the loss allowance over the gross
cadangan kerugian atas nilai tercatat carrying amount of the drawn component is
komponen yang telah ditarik disajikan presented as other liabilities.
sebagai liabilitas lain-lain.
Penyajian kerugian kredit ekspektasian Presentation of expected credit losses
Untuk aset keuangan yang diukur pada For financial assets measured at amortized
biaya perolehan diamortisasi, saldo di cost, the balance at consolidated statement of
laporan posisi keuangan konsolidasian financial position reflects the gross carrying
mencerminkan nilai tercatat bruto dikurangi amount less ECL. Changes in expected credit
KKE. Perubahan atas kerugian kredit losses are recognized in the current year profit
ekspektasian diakui pada laba rugi tahun or loss.
berjalan.
52
488 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 491
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.2. Aset keuangan yang diukur pada nilai i.2. Financial assets measured at fair value
wajar melalui penghasilan komprehensif through other comprehensive income
lain
Pengukuran KKE untuk aset keuangan The ECL measurement for debt instrument
instrumen utang yang diukur pada nilai wajar financial assets measured at fair value
melalui penghasilan komprehensif lain through other comprehensive income uses
(FVOCI) menggunakan pendekatan dan the same approach and calculation model in
model perhitungan yang sama dengan measuring ECL for financial assets carried at
pengukuran KKE untuk aset keuangan yang amortized cost. For debt instrument financial
diukur pada biaya perolehan diamortisasi. assets in FVOCI category, the balance in
Untuk aset keuangan instrumen utang dalam consolidated statement of financial position
kategori FVOCI, saldo di laporan posisi reflects the instrument’s fair value, with the
keuangan konsolidasian mencerminkan nilai ECL held as a separate reserve within other
wajar instrumen, dengan KKE dibukukan comprehensive income. Changes in
terpisah sebagai cadangan pada penghasilan expected credit losses are recognized in the
komprehensif lain. Perubahan atas kerugian current year profit or loss.
kredit ekspektasian diakui pada laba rugi
tahun berjalan.
i.3. Piutang murabahah i.3. Murabahah receivables
Entitas Anak melakukan evaluasi penurunan The Subsidiary performs impairment
nilai secara kolektif karena seluruh piutang evaluation collectively as all murabahah
murabahah memiliki nilai tidak signifikan receivables have individually insignificant
secara individu. value.
Untuk penurunan nilai secara kolektif ini, For this collective impairment, the Subsidiary
Entitas Anak mengelompokkan portofolio classifies the receivables portfolio based on
piutang berdasarkan kesamaan karakteristik the similarity of credit risk characteristics, that
risiko kredit yaitu antara nasabah yang is between customers who were given
diberikan restrukturisasi dan nasabah yang restructuring and customers who were not
tidak direstrukturisasi, dimana metode yang restructured, where the method used follows
digunakan mengikuti incurred loss atau the incurred losses or reporting regulations.
regulatory reporting.
Entitas Anak menggunakan model analisa The Subsidiary uses statistical analysis
statistik dalam perhitungan cadangan models in determining the collective
kerugian penurunan nilai secara kolektif, yaitu impairment loss allowance, that is the
metode migration analysis. migration analysis method.
53
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 489
Page 492
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.3. Piutang murabahah (lanjutan) i.3. Murabahah receivables (continued)
Pada metode migration analysis, Entitas Anak In the migration analysis method, the
menentukan tingkat kerugian dari portofolio Subsidiary determines the loss rate of the
selama periode antara terjadinya peristiwa portfolio from the period between the
gagal bayar dengan saat kerugian occurrence of an default event and the
teridentifikasi untuk setiap portofolio yang identification of a loss for each identified
teridentifikasi dalam jangka waktu portfolio witthin 12 months. Impairment losses
12 bulan. Kerugian penurunan nilai atas on murabahah receivables are measured at
piutang murabahah diukur sebesar selisih the difference between the carrying amount of
antara nilai tercatat piutang murabahah the murabahah receivables and present value
dengan nilai kini estimasi arus kas masa of estimated future cash flows.
datang.
Ketika pembiayaan yang diberikan tidak When a financing is uncollectible, it is written-
tertagih, pembiayaan tersebut off against the related allowance for
dihapusbukukan dengan menjurnal balik impairment losses. Such financing is written-
cadangan kerugian penurunan nilai. off after all necessary procedures have been
Pembiayaan tersebut dapat dihapusbuku completed and the amount of the loss has
setelah semua prosedur yang diperlukan telah been determined.
terpenuhi dan jumlah kerugian telah
ditentukan.
Penerimaan kembali atas pembiayaan yang Subsequent recoveries of financing written off
telah dihapusbukukan pada tahun berjalan in the current year are credited to the
dikreditkan pada akun pembentukan provision for allowance for impairment losses
cadangan kerugian penurunan nilai. account. Subsequent recoveries of financing
Penerimaan kembali atas pembiayaan yang written off in previous year are recognized as
telah dihapusbukukan pada tahun other operating income.
sebelumnya dicatat sebagai pendapatan
operasional lainnya.
j. Giro pada Bank Indonesia dan bank-bank j. Current accounts with Bank Indonesia and
lain other banks
Setelah pengakuan awal, giro pada Bank Subsequent to initial recognition, current
Indonesia dan bank-bank lain diukur pada biaya accounts with Bank Indonesia and other banks
perolehan diamortisasi dengan menggunakan are measured at amortized cost using the
metode bunga efektif. effective interest method.
Giro pada Bank Indonesia termasuk giro wadiah Current accounts with Bank Indonesia include
Entitas Anak yang disajikan sebesar biaya the Subsidiary’s wadiah current accounts which
perolehan. Giro pada bank-bank lain termasuk are stated at acquisition cost. Current accounts
giro pada bank-bank lain Entitas Anak yang with other banks include the Subsidiary’s current
dinyatakan sebesar saldo giro dikurangi dengan accounts with other banks which are stated at
cadangan kerugian penurunan nilai. their outstanding balances, net of allowance for
impairment losses.
54
490 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 493
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
k. Penempatan pada Bank Indonesia dan bank- k. Placements with Bank Indonesia and other
bank lain banks
Setelah pengakuan awal, penempatan pada Subsequent to initial recognition, placements
Bank Indonesia dan bank-bank lain disajikan with Bank Indonesia and other banks are stated
sebesar biaya perolehan diamortisasi dengan at amortized cost using the effective interest
menggunakan metode bunga efektif. method.
Penempatan pada Bank Indonesia termasuk Placements with Bank Indonesia include
penanaman dana pada Bank Indonesia berupa placements of funds with Bank Indonesia in the
Fasilitas Simpanan Bank Indonesia (“FASBI”), form of Bank Indonesia Deposit Facilities
Fasilitas Simpanan Bank Indonesia Syariah (“FASBI”), Bank Indonesia Sharia Deposit
(“FASBIS”), Deposito Berjangka Bank Indonesia Facilities (“FASBIS”), Bank Indonesia Term
dan call money. FASBIS merupakan sertifikat Deposit and call money. FASBIS are certificates
yang diterbitkan Bank Indonesia sebagai bukti issued by Bank Indonesia as a proof of short-
penitipan dana berjangka pendek dengan akad term fund deposits under wadiah agreements.
adalah wadiah. Penempatan pada Bank Placements with Bank Indonesia and other
Indonesia dan bank-bank lain dari Entitas Anak banks of the Subsidiaries are stated at
disajikan sebesar biaya perolehan. acquisition cost.
l. Efek-efek l. Securities
Efek-efek terdiri dari Sertifikat Investasi Securities consist of Certificate of Interbank
Mudharabah Antar bank (“SIMA”), Sukuk Bank Mudharabah Investment (“SIMA”), Bank
Indonesia, sukuk korporasi, obligasi korporasi, Indonesia Sukuk, corporate sukuk, corporate
Surat Berharga Syariah Negara, reksa dana bonds, Sovereign Sharia Securities, sharia
syariah, obligasi pemerintah yang mutual funds, government bonds traded in the
diperdagangkan di pasar uang dan pasar modal, money market and capital market, and export
dan wesel ekspor. bills.
Efek-efek (selain sukuk, SIMA, reksa dana Securities (other than sukuk, SIMA, sharia
syariah, dan surat berharga lainnya berdasarkan mutual funds and other securities based on
prinsip syariah) pada awalnya dinilai sharia principles) are initially measured at fair
berdasarkan nilai wajar ditambah dengan (untuk value plus (for securities not subsequently
efek-efek yang tidak diukur pada nilai wajar measured at fair value through profit or loss)
melalui laba rugi) biaya transaksi yang dapat directly attributable transaction costs and
diatribusikan secara langsung dan pengukuran subsequent measurement will depend on their
selanjutnya tergantung pada klasifikasinya. Lihat classification. Refer to Note 2h.3 for the
Catatan 2h.3 untuk kebijakan akuntansi aset accounting policy of financial assets measured at
keuangan diukur pada biaya perolehan amortized cost.
diamortisasi.
Untuk efek-efek yang diukur dengan FVOCI, For securities measured at FVOCI, gains and
keuntungan dan kerugian diakui dalam losses are recognized in other comprehensive
penghasilan komprehensif lain, kecuali untuk income, except for the following, which are
beberapa hal di bawah ini yang diakui dalam recognized in profit or loss in the same manner
laba rugi sama seperti aset keuangan yang as for financial asset measured at amortized
diukur dengan biaya perolehan amortisasi: costs:
- pendapatan bunga menggunakan metode - interest amount using effective interest rate
suku bunga efektif; method;
- kerugian kredit ekspektasian dan pemulihan; - expected credit losses and reversal; and
dan
- keuntungan dan kerugian selisih kurs. - foreign exchange gain and losses.
55
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 491
Page 494
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Ketika efek-efek yang diukur pada FVOCI When securities measured at FVOCI are
dihentikan pengakuannya, keuntungan dan derecognized, the cumulative gain or loss
kerugian yang terakumulasi yang sebelumnya previously recognized in other comprehensive
diakui dalam penghasilan komprehensif lain di income is reclassified from equity to profit or
reklasifikasi dari ekuitas ke laba rugi. loss.
Efek-efek yang diukur dengan FVTPL saat Securities measured at FVTPL are initially
pengakuan awal dan setelah pengakuan awal recognized and subsequently measured at fair
diakui dan diukur pada nilai wajar di laporan value in the statement of financial position, with
posisi keuangan, dengan biaya transaksi yang transaction costs recognized directly in profit or
terjadi diakui langsung pada laba rugi. loss.
Seluruh perubahan nilai wajar diakui sebagai All changes in fair value are recognized as part
bagian dari pendapatan operasional lainnya of other operational income in the statement of
dalam laporan laba rugi dan penghasilan profit or loss and other comprehensive income.
komprehensif lain. Keuntungan atau kerugian Gains or losses which are realized when the
yang direalisasi pada saat penjualan atau securities measured at FVTPL are sold or settled
penyelesaian efek-efek yang diukur dengan are recognized in profit or loss.
FVTPL diakui pada laba rugi.
Premi dan/atau diskonto diamortisasi dan Premium and/or discount is amortized and
dilaporkan sebagai pendapatan bunga dengan reported as interest income using the effective
menggunakan metode suku bunga efektif. interest method.
Surat berharga syariah adalah surat bukti Sharia marketable are proof of investments
investasi berdasarkan prinsip syariah yang lazim based on sharia principles that are commonly
diperdagangkan di pasar uang syariah dan/atau traded in the sharia money market and/or sharia
pasar modal syariah antara lain obligasi syariah capital markets, including sharia bonds (sukuk),
(sukuk), Sertifikat Investasi Mudharabah Certificate of Interbank Mudharabah Investment
Antarbank (SIMA), reksa dana syariah, investasi (SIMA), sharia mutual funds, investment in
pada efek ekuitas dan surat berharga lainnya equity securities and other securities based on
berdasarkan prinsip syariah. sharia principles.
Grup menentukan klasifikasi investasi pada The Group determines the classification of
sukuk dan efek lain berprinsip syariah yang investments in sukuk and other securities under
mempunyai karakteristik yang serupa dengan sharia principles which have similar
sukuk, sesuai dengan PSAK characteristic with sukuk, in accordance with
No. 410 tentang “Akuntansi Sukuk” sebagai PSAK No. 410 regarding “Accounting for Sukuk”
berikut: as follows:
1) Diukur pada biaya perolehan. Investasi 1) Measured at acquisition cost. The
tersebut dimiliki dalam suatu model usaha investment is held in a business model
yang bertujuan utama untuk memperoleh whereby the primary goal is to collect
arus kas kontraktual dan terdapat contractual cash flows and has contractual
persyaratan kontraktual dalam menentukan terms in determining the specific date of
tanggal tertentu atas pembayaran pokok principal payments and or the margin. At the
dan atau hasilnya. Pada saat pengakuan initial recognition, investments in sukuk are
awal, investasi pada sukuk diukur pada nilai measured at fair value plus directly
wajar termasuk biaya transaksi yang dapat attributable transaction costs. Subsequent to
diatribusikan secara langsung untuk initial recognition, investments in sukuk are
memperoleh investasi tersebut. Setelah stated at acquisition cost, plus unamortized
pengakuan awal, investasi pada sukuk portion of transaction costs that are amortized
dinyatakan sebesar biaya perolehan, using straight-line method, minus allowance
ditambah biaya transaksi yang belum for impairment losses, if any.
diamortisasi dengan menggunakan metode
garis lurus, dikurangi cadangan kerugian
penurunan nilai, jika ada.
56
492 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 495
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Grup menentukan klasifikasi investasi pada The Group determines the classification of
sukuk dan efek lain berprinsip syariah yang investments in sukuk and other securities under
mempunyai karakteristik yang serupa dengan sharia principles which have similar
sukuk, sesuai dengan PSAK characteristic with sukuk, in accordance with
No. 410 tentang “Akuntansi Sukuk” sebagai PSAK No. 410 regarding “Accounting for Sukuk”
berikut: (lanjutan) as follows: (continued)
2) Diukur pada nilai wajar melalui penghasilan 2) Measured at fair value through other
komprehensif lain. Investasi tersebut dimiliki comprehensive income. The investment is
dalam suatu model usaha yang bertujuan held in a business model whereby the primary
utama untuk memperoleh arus kas goal is to obtain contractual cash flows and to
kontraktual dan melakukan penjualan sell the sukuk, and has contractual terms in
sukuk, dan terdapat persyaratan determining the specific date of principal
kontraktual dalam menentukan tanggal payments and/or the results.
tertentu atas pembayaran pokok dan/atau
hasilnya.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in sukuk
sukuk diukur pada nilai wajar termasuk are measured at fair value plus directly
biaya transaksi yang dapat diatribusikan attributable transaction costs. Subsequent to
secara langsung untuk memper investasi initial recognition, investments in sukuk are
tersebut. Setelah pengakuan awal, investasi stated at fair value. All changes in fair value
pada sukuk dicatat sebesar nilai wajar. are recognized in other comprehensive
Seluruh perubahan nilai wajar diakui pada income. When sukuk is derecognized,
penghasilan komprehensif lain. Ketika accumulated gain or loss which has
investasi sukuk dihentikan pengakuannya, previously recognized in other comprehensive
akumulasi keuntungan atau kerugian yang income is reclassified to profit or loss.
sebelumnya diakui dalam penghasilan
komprehensif lain dipindahkan ke laba rugi.
3) Diukur pada nilai wajar melalui laba rugi. 3) Measured at fair value through profit or loss.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in sukuk
sukuk diukur pada nilai wajar tidak termasuk are measured at fair value excluding
biaya transaksi. Biaya transaksi langsung transaction costs. Transaction costs are
diakui pada laba rugi. Setelah pengakuan directly recognized in profit or loss.
awal, investasi pada sukuk dicatat sebesar Subsequent to initial recognition, investments
nilai wajar. Seluruh perubahan nilai wajar in sukuk are stated at fair value. All changes
diakui pada laba rugi tahun berjalan. in fair value are recognized in the current year
profit or loss.
Investasi dalam unit reksa dana syariah Investment in sharia mutual funds are presented
dinyatakan sebesar nilai wajar yang ditentukan at fair value which is measured based on net
berdasarkan nilai aset bersih dari reksa dana asset value of mutual funds at reporting date. All
pada tanggal pelaporan. Seluruh perubahan changes in net asset value are recognized in
nilai aset bersih diakui pada penghasilan other comprehensive income. Investments in
komprehensif lain. Investasi dalam unit reksa protected sharia mutual funds are presented at
dana syariah terproteksi dinyatakan sebesar acquisition cost.
biaya perolehan.
57
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 493
Page 496
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
m. Efek-efek yang dibeli dengan janji dijual m. Securities purchased under resale
kembali (reverse repo) agreement (reverse repo)
Efek-efek yang dibeli dengan janji untuk dijual Securities purchased under resale agreements
kembali (reverse repo) disajikan sebagai aset (reverse repo) are presented as an asset in the
dalam laporan posisi keuangan konsolidasian consolidated statement of financial position at the
sebesar harga beli ditambah dengan purchase price added with interest income
pendapatan bunga yang sudah diakui tapi belum recognised but not yet received, less allowance
diterima, dikurangi dengan cadangan kerugian for impairment losses, where appropriate.
penurunan nilai, jika diperlukan.
Pada pengukuran awal, efek-efek yang dibeli Securities purchased under resale agreement
dengan janji dijual kembali (reverse repo) (reverse repo) are initially measured at fair value
disajikan sebesar nilai wajar ditambah dengan plus directly attributable transaction costs.
biaya transaksi yang dapat diatribusikan secara
langsung.
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreement
(reverse repo) diklasifikasikan sebagai aset (reverse repo) are classified as financial asset at
keuangan yang diukur pada biaya perolehan amortised cost. Refer to Note 2h for the
diarmotisasi. Lihat Catatan 2h untuk kebijakan accounting policy of financial assets and financial
akuntansi aset keuangan dan liabilitas liabilities.
keuangan.
n. Efek-efek yang dijual dengan janji dibeli n. Securities sold under repurchase agreement
kembali (repo) (repo)
Efek-efek yang dijual dengan janji untuk dibeli Securities sold under repurchase agreement are
kembali disajikan sebagai liabilitas dalam presented as an liability in the consolidated
laporan posisi keuangan konsolidasian sebesar statement of financial position at initial
biaya perolehan atas kewajiban repo yang recognition minus principal payments, added or
diukur pada saat pengakuan awal dikurangi reduced by cumulative amortization using the
pembayaran pokok, ditambah atau dikurangi effective interest rate method.
dengan amortisasi kumulatif menggunakan
metode suku bunga efektif.
Pada pengukuran awal, efek-efek yang dijual Securities sold under repurchase agreement
dengan janji dibeli kembali (repo) disajikan (repo) are initially measured at fair value plus or
sebesar nilai wajar ditambah atau dikurangi minus directly attributable transaction costs.
dengan biaya transaksi yang dapat diatribusikan
secara langsung.
Efek-efek yang dijual tetap dicatat sebagai aset Securities sold are still recorded as assets in the
dalam laporan posisi keuangan konsolidasian consolidated statements of financial position
karena secara substansi kepemilikan efek tetap because the securities ownership remains
berada pada pihak Bank sebagai penjual. substantially with the Bank as a seller.
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under repurchase agreement
(repo) diklasifikasikan sebagai liabilitas (repo) are classified as financial liabilities at
keuangan yang diukur pada biaya perolehan amortised cost. Refer to Note 2h for the
diamortisasi. Lihat Catatan 2h untuk kebijakan accounting policy of financial assets and financial
akuntansi aset keuangan dan liabilitas liabilities.
keuangan.
58
494 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 497
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
o. Tagihan dan liabilitas derivatif o. Derivative receivables and payables
Dalam melakukan usaha bisnisnya, Bank In the normal course of business, the Bank enters
melakukan transaksi instrumen keuangan into transactions involving derivative financial
derivatif seperti swap mata uang asing, cross instruments such as foreign currency swap, cross
currency swap, dan swap suku bunga. currency swap, and interest rate swap.
Instrumen keuangan derivatif diakui pada nilai Derivative financial instruments are recognized
wajar, dengan biaya transaksi yang terjadi diakui at their fair value, with transaction costs
langsung pada laba rugi. Derivatif dicatat recognized directly in profit or loss. Derivative are
sebagai aset apabila memiliki nilai wajar positif carried as assets when the fair value is positive
dan sebagai liabilitas apabila memiliki nilai wajar and as liabilities when the fair value is negative.
negatif.
Keuntungan atau kerugian yang terjadi dari Gains or losses as a result of fair value changes
perubahan nilai wajar diakui sebagai laba rugi are recognized as current year profit or loss.
tahun berjalan.
Instrumen derivatif yang dimiliki Entitas Anak Derivative instruments held by the Subsidiaries
digunakan untuk tujuan manajemen risiko. are for risk management purposes. These
Instrumen derivatif ini digunakan untuk lindung derivative instruments are used to hedge the
nilai terhadap eksposur Entitas Anak terhadap Subsidiaries’ exposures to variability in cash
variabilitas arus kas yang diatribusikan dari flows that is attributable to interest rate risk and
risiko tingkat suku bunga dan risiko mata uang currency risk associated with recognized
yang timbul dari liabilitas yang dapat liabilities that could affect profit or loss. Derivative
mempengaruhi laba rugi. Instrumen derivatif instruments are recognized in the financial
diakui dalam laporan keuangan pada nilai wajar. statements at fair value. To qualify for hedge
Untuk memenuhi persyaratan akuntansi lindung accounting, certain criteria are to be met,
nilai, beberapa kriteria tertentu harus dipenuhi, including formal documentation to be in place at
termasuk adanya dokumentasi formal pada awal the inception of the hedge.
lindung nilai.
Pada penetapan awal lindung nilai, Entitas Anak On initial designation of the hedge, the
mendokumentasikan secara formal hubungan Subsidiaries formally documents the relationship
antara instrumen lindung nilai dan item yang between the hedging instruments and hedged
dilindung nilai, termasuk tujuan manajemen items, including the risk management objective
risiko dan strategi dalam melaksanakan and strategy in undertaking the hedge
transaksi lindung nilai, bersamaan dengan transaction, as well as the method to be used to
metode yang akan digunakan untuk menilai assess the effectiveness of the hedging
efektivitas hubungan lindung nilai. Entitas Anak relationship. The Subsidiaries make an
menilai, pada awal hubungan lindung nilai dan assessment, both at the inception of the hedge
juga secara berkesinambungan, apakah relationship as well as on an ongoing basis, as to
instrumen lindung nilai diharapkan akan sangat whether the hedging instruments are expected to
efektif dalam rangka saling hapus atas be ‘highly effective’ in offsetting the changes in
perubahan nilai wajar atau perubahan arus kas the fair value or cash flows of the respective
dari item yang dilindung nilai sepanjang periode hedged items during the period for which the
di mana lindung nilai tersebut ditetapkan, dan hedge is designated, and whether the
apakah efektivitas dari setiap lindung nilai effectiveness of each hedge is within a range of
berada dalam kisaran 80-125 persen. 80-125 percent.
Perubahan nilai wajar instrumen derivatif yang Changes in fair value of derivative instruments
tidak memenuhi kriteria lindung nilai dicatat that do not qualify for hedge accounting are
dalam laba rugi tahun berjalan. Jika instrumen recognized in the current year profit or loss. If
derivatif dirancang dan memenuhi syarat derivative instruments are designated and qualify
akuntansi lindung nilai, perubahan nilai wajar for hedge accounting, changes in fair value of
instrumen derivatif lindung nilai diakui sebagai derivative instruments designated for hedging
penyesuaian terhadap item yang dilindungi are recorded as adjustments to the items being
nilainya dalam laba rugi tahun berjalan atau hedged in the current year profit or loss or in the
disajikan dalam ekuitas, tergantung pada jenis equity, depending on the type of hedge
transaksi dan efektivitas dari lindung nilai transactions represented and the effectiveness
tersebut. of the hedge.
59
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 495
Page 498
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
o. Tagihan dan liabilitas derivatif (lanjutan) o. Derivative receivables and payables
(continued)
Entitas Anak menetapkan derivatif sebagai The Subsidiaries designate derivatives as
instrumen lindung nilai atas arus kas. Bagian hedging instruments of cash flow hedges. The
efektif dari perubahan nilai wajar derivatif yang effective portion of changes in the fair value of the
ditetapkan sebagai instrumen lindung nilai atas derivatives designated as hedging instruments of
arus kas dalam hubungan lindung nilai yang cash flows hedges in qualifying hedging
memenuhi persyaratan, diakui pada relationships is recognized in other
penghasilan komprehensif lain sebagai comprehensive income as cumulative gains
keuntungan (kerugian) kumulatif atas instrumen (losses) on derivative instruments for cash flows
derivatif untuk lindung nilai arus kas yang hedges which are part of equity. The amount
merupakan bagian dari ekuitas. Jumlah yang recognized in other comprehensive income is
diakui pada penghasilan komprehensif lain reclassified to profit or loss as a reclassification
direklasifikasi ke dalam laba rugi sebagai adjustment in the same period as the hedged
penyesuaian reklasifikasi dalam periode yang cash flows affect profit or loss, and in the same
sama dimana arus kas yang dilindung nilai line item in the statement of profit or loss and
mempengaruhi laba rugi, dan pada line item other comprehensive income. Any ineffective
yang sama dalam laporan laba rugi dan portion of changes in the fair value of the
penghasilan komprehensif lain. Bagian yang derivatives is recognized immediately in the profit
tidak efektif atas perubahan nilai wajar or loss
instrumen derivatif diakui segera pada laba rugi.
Ketika instrumen lindung nilai kadaluwarsa atau If the hedging derivative expires or is
dijual, dihentikan atau dilaksanakan, atau tidak sold,terminated or exercised, or the hedge no
lagi memenuhi kriteria akuntansi lindung nilai longer meets the criteria for cash flow hedge
atau lindung nilai dibatalkan, akuntansi lindung accounting, or the hedge designation is revoked,
nilai tidak dilanjutkan secara prospektif. then hedge accounting is discontinued
Keuntungan (kerugian) kumulatif atas instrumen prospectively. The cumulative gains (losses) on
derivatif untuk lindung nilai arus kas tetap diakui derivative instruments for cash flows hedges
di ekuitas, dan direklasifikasi ke laba rugi remain in the equity, and is subsequently
sebagai penyesuaian reklasifikasi ketika item reclassified to profit or loss as a reclassification
yang dilindung nilai diakui dalam laba rugi. adjustment when the hedged item affects profit or
loss.
p. Tagihan dan liabilitas akseptasi p. Acceptance receivables and payables
Tagihan akseptasi disajikan sebesar biaya Acceptance receivables are stated at amortized
perolehan diamortisasi dengan menggunakan cost using the effective interest method less
metode bunga efektif dikurangi cadangan allowance for impairment losses, where
kerugian penurunan nilai, jika diperlukan. appropriate.
Liabilitas akseptasi pada awalnya diakui sebesar Acceptance payables are recognized initially at
nilai wajar dan selanjutnya diukur pada biaya fair value and subsequently measured at
perolehan diamortisasi dengan menggunakan amortized cost using the effective interest
metode bunga efektif. method.
Tagihan akseptasi diklasifikasikan sebagai Acceptance receivables are classified as
biaya perolehan diamortisasi. Lihat Catatan 2h amortized cost. Refer to Note 2h for the
untuk kebijakan akuntansi mengenai biaya accounting policy of amortized cost.
perolehan diamortisasi.
60
496 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 499
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Pinjaman yang diberikan dan pembiayaan/ q. Loans and sharia financing/receivables
piutang syariah
Pinjaman yang diberikan adalah penyediaan Loans represent disbursement of cash or cash
uang atau tagihan yang dapat disetarakan equivalent based on agreements with borrowers,
dengan kas, berdasarkan persetujuan atau where borrowers are required to repay their debts
kesepakatan pinjam-meminjam dengan debitur with interest after a specified period.
yang mewajibkan debitur untuk melunasi utang
berikut bunganya setelah jangka waktu tertentu.
Seluruh kontrak pembiayaan bersama yang All joint financing contracts entered by the Bank
dilakukan oleh Bank merupakan pembiayaan are joint financing without recourse in which joint
bersama tanpa tanggung renteng (without financing is recorded according to the proportion
recourse) di mana pembiayaan bersama dicatat of risks borne by the Bank and stated at
sesuai dengan porsi kredit yang risikonya amortized cost.
ditanggung oleh Bank, dan dinyatakan sebesar
biaya perolehan diamortisasi.
Pinjaman yang diberikan diklasifikasikan Loans are classified as amortized cost. Refer to
sebagai biaya perolehan diamortisasi. Lihat Note 2h for the accounting policy of amortized
Catatan 2h untuk kebijakan akuntansi mengenai cost.
biaya perolehan diamortisasi.
Termasuk dalam pinjaman yang diberikan Included in the loans are sharia financing/
adalah pembiayaan/piutang syariah yang terdiri receivables which consist of murabahah
dari piutang murabahah, pembiayaan receivables, musyarakah financing and funds of
musyarakah dan pinjaman qardh. qardh.
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
nasabah dengan Entitas Anak, dimana Entitas between the customer and the Subsidiary,
Anak membiayai kebutuhan barang untuk whereby the Subsidiary finances the goods for
konsumsi, investasi dan modal kerja nasabah, consumption, investment and working capital
yang dijual dengan harga pokok ditambah needs of the customer, sold with a principle price
dengan marjin yang diketahui dan disepakati plus a certain margin that is mutually informed
bersama. Pembayaran atas pembiayaan ini and agreed. Repayment on this financing is
dilakukan dengan cara mengangsur dalam made in installments within a specified period.
jangka waktu yang ditentukan.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured at
nilai bersih yang dapat direalisasi ditambah net realisable value plus directly attributable
dengan biaya transaksi yang dapat diatribusikan transaction costs and additional costs to obtain
secara langsung dan biaya tambahan untuk the respective murabahah receivables.
memperoleh piutang murabahah tersebut. Subsequent to the initial recognition, they are
Setelah pengakuan awal, piutang murabahah measured at amortized cost using the effective
diukur pada biaya perolehan diamortisasi rate of return method less deferred margin
menggunakan metode imbal hasil efektif income and allowance for impairment losses.
dikurangi pendapatan margin yang
ditangguhkan dan cadangan kerugian
penurunan nilai.
Pembiayaan musyarakah adalah akad Musyarakah financing is an agreement between
kerjasama antara dua pihak atau lebih untuk two or more parties for a particular business, in
suatu usaha tertentu, dimana masing-masing which each party contributes funds with the terms
pihak memberikan kontribusi dana dengan that profits are shared according to the
ketentuan bahwa keuntungan dibagi agreement, while losses are borne by each party
berdasarkan kesepakatan, sedangkan kerugian proportionate to the amount of fund contributions.
berdasarkan porsi kontribusi dana. Dana The fund consists of cash or non-cash assets
tersebut meliputi kas atau aset non-kas yang allowed by sharia.
diperkenankan oleh syariah.
61
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 497
Page 500
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Pinjaman yang diberikan dan pembiayaan/ q. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Pembiayaan musyarakah dinyatakan sebesar Musyarakah financing is stated at outstanding
saldo pembiayaan dikurangi dengan saldo balance, net of allowance for impairment losses.
cadangan kerugian penurunan nilai. Entitas The Subsidiary provides allowance for
Anak menetapkan cadangan kerugian impairment losses based on the financing quality
penurunan nilai sesuai dengan kualitas as determined by a review of each account.
pembiayaan berdasarkan penelaahan atas
masing-masing saldo pembiayaan.
Pinjaman qardh adalah penyaluran dana Funds of qardh represent a distribution of funds
dengan akad qardh. with qardh agreement.
Pinjaman qardh adalah penyediaan dana atau Funds of qardh represent funds provided or
tagihan yang dapat dipersamakan dengan itu similar claims based on an agreement or contract
berdasarkan persetujuan atau kesepakatan between the borrower and the Subsidiary,
antara peminjam dan Entitas Anak yang wherein the borrower should repay the loan after
mewajibkan peminjam melunasi utangnya a specified period of time.
setelah jangka waktu tertentu.
Pinjaman qardh diakui sebesar total dana yang Funds of qardh are recognized in the amount lent
dipinjamkan pada saat terjadinya. Entitas Anak to the borrower at the transaction date. The
dapat menerima imbalan namun tidak Subsidiary may receive a fee, however, this
diperkenankan untuk dipersyaratkan di dalam should not be stated in the agreement. The fee is
perjanjian. Imbalan tersebut diakui pada saat recognized upon receipt.
diterima.
Pinjaman qardh disajikan sebesar saldonya Funds of qardh are stated at its outstanding
dikurangi cadangan kerugian penurunan nilai. balance less allowance for impairment losses.
Modifikasi pinjaman yang diberikan Modification of loans
Skema modifikasi pinjaman yang diberikan Modification schemes for loans can be in the
dapat berupa penyesuaian pada suku bunga, form of adjustment on interest rate, loan principal
pokok bunga dan tunggakan bunga, and past due interest, extension of repayment
perpanjangan jangka waktu jatuh tempo, period, rescheduling of installments and other
penjadwalan kembali pembayaran angsuran modification of the terms of the loans.
serta modifikasi persyaratan kredit lainnya.
Jika persyaratan perjanjian suatu pinjaman If the terms of a loan are modified, then the Bank
dimodifikasi, maka Bank mengevaluasi apakah evaluates whether the contractual cash flows of
arus kas kontraktual dari pinjaman yang the modified asset are substantially different.
termodifikasi berbeda secara signifikan.
62
498 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 501
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Pinjaman yang diberikan dan pembiayaan/ q. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Modifikasi pinjaman yang diberikan (lanjutan) Modification of loans (continued)
Jika arus kas berbeda secara signifikan, maka If the cash flows are substantially different, then
hak kontraktual atas arus kas dari aset the contractual rights to cash flows from the
keuangan yang original sebenarnya telah original financial asset are deemed to have
kadaluarsa. Dalam hal ini, aset keuangan yang expired. In this case the original financial asset is
original dihentikan pengakuannya dan aset derecognized and a new financial asset is
keuangan yang baru diakui pada nilai wajar recognized at fair value plus any eligible
ditambah biaya transaksi yang memenuhi transaction costs. Any fees received as part of
syarat. Imbalan yang diterima sebagai bagian the modification are accounted for as follows:
dari modifikasi diperhitungkan sebagai berikut:
- imbalan yang dipertimbangkan sewaktu - fees that are considered in determining that
menentukan nilai wajar dari aset baru dan fair value of the new asset and fees
imbalan yang merupakan pembayaran represent reimbursement of eligible
kembali (reimbursement) dari biaya transaction costs are included in the initial
transaksi yang memenuhi syarat akan measurement of the asset; and
dimasukkan sebagai pengakuan awal aset;
dan
- imbalan lainnya dimasukkan ke dalam laba - other fees are included in profit or loss as
rugi sebagai bagian dari keuntungan atau part of the gain or loss derecognition.
kerugian dari penghentian pengakuan.
Jika modifikasi aset keuangan yang diukur pada If the modification of a financial asset measured
biaya perolehan diamortisasi tidak at amortized cost does not result in derecognition
mengakibatkan penghentian pengakuan aset of the financial asset, then the Bank first
keuangan, maka Bank terlebih dahulu recalculates the gross carrying amount of the
menghitung kembali nilai tercatat bruto aset financial asset using the original effective interest
keuangan menggunakan suku bunga efektif rate of the asset and recognizes the resulting
awal aset tersebut dan mengakui selisih adjustment as modification gain or loss in profit
penyesuaian sebagai keuntungan atau kerugian or loss. Any costs or fees incurred and
modifikasi di dalam laba rugi. Biaya atau imbalan modification fees received are adjusted to the
yang terjadi dan imbalan modifikasi yang gross carrying amount of the modified financial
diterima disesuaikan ke nilai tercatat bruto dan asset and are amortized over the remaining term
diamortisasi selama sisa jangka waktu aset of the modified financial asset.
keuangan yang dimodifikasi.
Jika modifikasi dilakukan karena alasan risiko If a modification is carried out because of credit-
kredit, maka keuntungan atau kerugian disajikan risk reason, then the gain or loss is presented
sebagai kerugian penurunan nilai. Selain karena together with impairment losses. In other cases,
alasan ini, keuntungan atau kerugian disajikan it is presented as interest income calculated
sebagai pendapatan bunga yang dihitung using the effective interest method.
dengan menggunakan metode bunga efektif.
Dalam keadaan yang tidak biasa, setelah In some unusual circumstances, after changes or
perubahan atau modifikasi yang mengakibatkan modifications that result in de-recognition of the
penghentian pengakuan aset keuangan awal, original financial asset, there may be evidence
mungkin terdapat bukti bahwa aset modifikasian that the modified asset is credit-impaired at initial
memburuk pada pengakuan awal. Dengan recognition. Accordingly, the financial asset
demikian, aset keuangan tersebut diakui should be recognized as an originated credit-
sebagai aset keuangan yang memburuk pada impaired financial asset.
pengakuan awal.
63
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 499
Page 502
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Pinjaman yang diberikan dan pembiayaan/ q. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Modifikasi pinjaman yang diberikan (lanjutan) Modification of loans (continued)
Perubahan atau modifikasi yang dilakukan Changes or modifications that were made on the
karena resiko kredit, dapat dipertimbangkan basis of credit risk reason can be considered as
sebagai indikasi aset keuangan yang berasal an indication of originated credit-impaired
dari aset keuangan yang memburuk pada financial assets. Meanwhile changes or
pengakuan awal. Sedangkan perubahan atau modifications that were made on the basis of
modifikasi yang dilakukan dengan dasar business’ considerations, may not be recognized
pertimbangan bisnis, mungkin tidak diakui as originated credit-impaired financial assets.
sebagai aset keuangan yang memburuk pada However, comprehensive valuation should be
pengakuan awal. Namun, penilaian ini perlu performed to determine whether initial
dilakukan secara menyeluruh untuk recognition of financial assets has deteriorated at
menentukan apakah pengakuan awal aset initial recognition.
keuangan telah memburuk pada saat
pengakuan awal.
r. Piutang pembiayaan r. Financing receivables
Setelah pengakuan awal, piutang pembiayaan Subsequest to initial recognition, financing
dicatat pada biaya perolehan diamortiasai receivables are stated to amortized cost using
dengan menggunakan metode suku bunga the effective interest rate method.
efektif.
Pendapatan pembiayaan yang belum diakui Unearned financing revenue represents the
merupakan selisih antara jumlah keseluruhan difference between total installment to be
pembayaran angsuran yang akan diterima dari received from borrower and the principal amount
debitur dan jumlah pokok pembiayaan, yang financed, which is recognized as revenue over
diakui sebagai pendapatan sepanjang jangka the term of the contract, based on the effective
waktu kontrak berdasarkan tingkat suku bunga interest rate of the related financing contract.
efektif dari kontrak pembiayaan.
Penyelesaian sebelum masa pembiayaan Early termination is treated as cancellation of the
berakhir diperlakukan sebagai pembatalan existing financing contract and resulting gains or
kontrak pembiayaan dan keuntungan atau losses are recognized in the current year profit
kerugian yang timbul diakui dalam laba rugi or loss.
tahun berjalan.
Modifikasi piutang pembiayaan Modification of financing receivables
Skema modifikasi putang pembiayaan dapat Modification schemes for financing receivables
berupa penyesuaian pada suku bunga, pokok can be in the form of adjustment on interest rate,
bunga dan tunggakan bunga, perpanjangan loan principal and past due interest, extension of
jangka waktu jatuh tempo, penjadwalan kembali repayment period, rescheduling of installments
pembayaran angsuran serta modifikasi and other modification of the terms of the
persyaratan piutang pembiayaan lainnya. financing receivables.
Jika persyaratan perjanjian suatu piutang If the terms of a loan are modified, then the
dimodifikasi, maka Grup mengevaluasi apakah Group evaluates whether the contractual cash
arus kas kontraktual dari pinjaman yang flows of the modified asset are substantially
termodifikasi berbeda secara signifikan. different.
64
500 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 503
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
r. Piutang pembiayaan (lanjutan) r. Financing receivables (continued)
Modifikasi piutang pembiayaan (lanjutan) Modification of financing receivables
(continued)
Jika arus kas berbeda secara signifikan, maka If the cash flows are substantially different, then
hak kontraktual atas arus kas dari aset the contractual rights to cash flows from the
keuangan yang original sebenarnya telah original financial asset are deemed to have
kadaluarsa. Dalam hal ini, aset keuangan yang expired. In this case the original financial asset is
original dihentikan pengakuannya dan aset derecognized and a new financial asset is
keuangan yang baru diakui pada nilai wajar recognized at fair value plus any eligible
ditambah biaya transaksi yang memenuhi transaction costs. Any fees received as part of
syarat. Imbalan yang diterima sebagai bagian the modification are accounted for as follows:
dari modifikasi diperhitungkan sebagai berikut:
- imbalan yang dipertimbangkan sewaktu - fees that are considered in determining that
menentukan nilai wajar dari aset baru dan fair value of the new asset and fees
imbalan yang merupakan pembayaran represent reimbursement of eligible
kembali (reimbursement) dari biaya transaction costs are included in the initial
transaksi yang memenuhi syarat akan measurement of the asset; and
dimasukkan sebagai pengakuan awal aset;
dan
- imbalan lainnya dimasukkan ke dalam laba - other fees are included in profit or loss as
rugi sebagai bagian dari keuntungan atau part of the gain or loss derecognition.
kerugian dari penghentian pengakuan.
Jika modifikasi aset keuangan yang diukur pada If the modification of a financial asset measured
biaya perolehan diamortisasi tidak at amortized cost does not result in
mengakibatkan penghentian pengakuan aset derecognition of the financial asset, then the
keuangan, maka Entitas Anak terlebih dahulu Subsidiary first recalculates the gross carrying
menghitung kembali nilai tercatat bruto aset amount of the financial asset using the original
keuangan menggunakan suku bunga efektif effective interest rate of the asset and
awal aset tersebut dan mengakui selisih recognizes the resulting adjustment as
penyesuaian sebagai keuntungan atau kerugian modification gain or loss in profit or loss. Any
modifikasi di dalam laba rugi. Biaya atau costs or fees incurred and modification fees
imbalan yang terjadi dan imbalan modifikasi received are adjusted to the gross carrying
yang diterima disesuaikan ke nilai tercatat bruto amount of the modified financial asset and are
dan diamortisasi selama sisa jangka waktu aset amortized over the remaining term of the
keuangan yang dimodifikasi. modified financial asset.
Jika modifikasi dilakukan karena alasan risiko If a modification is carried out because of credit-
kredit, maka keuntungan atau kerugian disajikan risk reason, then the gain or loss is presented
sebagai kerugian penurunan nilai. Selain karena together with impairment losses. In other cases,
alasan ini, keuntungan atau kerugian disajikan it is presented as interest income calculated
sebagai pendapatan bunga yang dihitung using the effective interest method.
dengan menggunakan metode bunga efektif.
65
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 501
Page 504
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
r. Piutang pembiayaan (lanjutan) r. Financing receivables (continued)
Pembiayaan bersama Joint financing
Seluruh kontrak pembiayaan bersama yang All joint financing contracts entered by the
dilakukan oleh Entitas Anak merupakan Subsidiary are joint financing without recourse in
pembiayaan bersama tanpa tanggung renteng which only the Subsidiary’s financing portion of
(without recourse) di mana hanya porsi jumlah the total installments is recorded as consumer
angsuran piutang yang dibiayai Entitas Anak financing receivables in the statement of
yang dicatat sebagai piutang pembiayaan financial position. Consumer financing income is
konsumen di laporan posisi keuangan. presented in the income statement net of the
Pendapatan pembiayaan konsumen disajikan portion attributable to other parties participating
pada laporan laba rugi setelah dikurangi dengan in the joint financing.
bagian yang merupakan hak pihak-pihak lain
yang berpartisipasi pada pembiayaan bersama
tersebut.
Dalam pembiayaan bersama, Entitas Anak For joint financing, the Subsidiary has the right
berhak menentukan tingkat bunga yang lebih to set higher interest rates to customers than
tinggi kepada pelanggan dari tingkat bunga those as stated in the joint financing agreements
yang ditetapkan dalam perjanjian dengan with joint financing providers. The difference is
pemberi pembiayaan bersama. Selisihnya, recognized as part of unearned consumer
diakui sebagai pendapatan pembiayaan financing income and recognized as consumer
konsumen yang belum diakui dan diakui financing income over the term of the contract
sebagai pendapatan pembiayaan konsumen using the effective interest rate method.
sesuai dengan jangka waktu kontrak dengan
menggunakan metode suku bunga efektif.
s. Penyertaan saham s. Investment in shares
Penyertaan saham dengan persentase Investment in shares with an ownership interest
kepemilikan di bawah 20% dan tidak memiliki below 20% and have no significant influence is
pengaruh signifikan pada awalnya diakui initially recognized at fair value and
sebesar nilai wajar dan selanjutnya diukur pada subsequently measured at fair value through
nilai wajar melalui laba rugi. profit or loss.
Dividen kas yang diterima dari penyertaan Cash dividend received from investment in
saham diakui sebagai pendapatan operasional shares is recognized as other operating income.
lainnya.
t. Beban dibayar dimuka t. Prepayments
Beban dibayar dimuka adalah beban yang telah Prepayments are expenses which have been
dibayarkan tetapi belum diakui sebagai beban paid but not yet recognized as an expense in the
pada periode terjadinya. Beban dibayar dimuka related period. Prepayments are recognized as
akan diakui sebagai beban pada laba rugi pada expenses in the profit or loss when it is
saat diamortisasi sesuai dengan masa amortized in accordance with the expected
manfaatnya. period of benefit.
66
502 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 505
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Aset tetap u. Fixed assets
Tanah disajikan sebesar nilai wajar, Land is presented at fair value based on
berdasarkan penilaian yang dilakukan oleh valuations performed by certified external
penilai independen eksternal yang telah independent valuers which are registered with
terdaftar di OJK. Penilaian atas aset tersebut OJK. Valuations are performed on a regular
dilakukan secara berkala dan apabila terdapat basis and if there is significant change in fair
perubahan nilai wajar yang signifikan untuk value to ensure that the fair value of a revalued
memastikan bahwa nilai wajar aset yang asset does not differ materially from its carrying
direvaluasi tidak berbeda secara material amount.
dengan jumlah tercatatnya.
Tanah yang diperoleh dengan Hak Guna Land acquired under Hak Guna Bangunan
Bangunan (“HGB”) oleh Entitas Anak (OTO dan (“HGB”) title by Subsidiaries (OTO and SOF) is
SOF) diukur sebesar biaya perolehan (termasuk measured at acquisition cost (including legal and
biaya legal dan administrasi yang muncul dalam administrative cost incurred in transaction to
transaksi untuk memperoleh tanah) dan tidak acquire the land) and is not amortized.
diamortisasi.
Kenaikan nilai tercatat yang timbul dari revaluasi The increases in the carrying amount arising
tanah dikreditkan pada “cadangan revaluasi aset from revaluation of land is credited to the
tetap” sebagai bagian dari penghasilan “reserve on revaluation of fixed assets” as part
komprehensif lainnya. Penurunan yang of other comprehensive income. The decreases
menghapus nilai kenaikan yang sebelumnya that offset the previous increases are debited
atas aset tetap yang sama dibebankan terhadap against “reserve on revaluation of fixed assets”
“cadangan revaluasi aset tetap” sebagai bagian as part of other comprehensive income; all other
dari penghasilan komprehensif lainnya; decreases are charged to the current year profit
penurunan lainnya dibebankan pada laba rugi or loss.
tahun berjalan.
Tanah tidak disusutkan. Jika aset yang Land is not depreciated. When revalued assets
direvaluasi dijual, jumlah yang dicatat di dalam are sold, the amounts included in equity are
ekuitas dipindahkan ke saldo laba. transferred to retained earnings.
Aset tetap selain tanah diakui sebesar harga Fixed assets other than land are recognized at
perolehan setelah dikurangi akumulasi cost less accumulated depreciation.
penyusutan.
Harga perolehan termasuk pengeluaran yang Acquisition cost includes expenditure that is
dapat diatribusikan secara langsung atas directly attributable to the acquisition of the
perolehan aset tersebut. assets.
Aset tetap, selain tanah, disusutkan selama Fixed assets, except land, are depreciated over
taksiran masa manfaat ekonomis aset tetap their expected useful lives using straight-line
dengan metode garis lurus dan diakui sebesar method and are stated at cost less accumulated
harga perolehan setelah dikurangi dengan depreciation.
akumulasi penyusutan.
Taksiran masa manfaat ekonomis aset tetap The expected useful lives of fixed assets are as
adalah sebagai berikut: follows:
Tahun/Years
Gedung 20 Buildings
Kendaraan bermotor 3-5 Vehicles
Perlengkapan kantor 4 - 10 Office equipment
sesuai masa sewa/according to
Leasehold improvement lease period Leasehold improvement
67
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 503
Page 506
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Aset tetap (lanjutan) u. Fixed assets (continued)
Kendaraan bermotor adalah sepeda motor, Motor vehicles are motorcycles, operational
kendaraan operasional dan kendaraan dinas vehicles and office vehicles for directors or
untuk direktur atau komisaris. commissioners.
Perlengkapan kantor adalah mebel dan Office equipment are furniture and office
peralatan dari kayu dan rotan, mesin kantor equipment made from wood, office machine
seperti mesin tik, mesin fotokopi, komputer, such as typing machine, photocopy machine,
laptop, alat komunikasi, alat dapur dan computer, laptop, communication tools, kitchen
perlengkapan lain seperti CCTV, mebel dan set and other equipment such as CCTV,
peralatan dari logam seperti brankas, pendingin furniture and office equipment made from metal
ruangan, dan generator listrik. such as safes, air conditioning and electrical
generator.
Biaya-biaya setelah pengakuan awal diakui Subsequent costs are included in the asset’s
sebagai bagian dari nilai tercatat aset atau carrying amount or recognized as a separate
sebagai aset yang terpisah sebagaimana asset, as appropriate, only when it is probable
mestinya, hanya jika kemungkinan besar Grup that future economic benefits associated with the
akan mendapatkan manfaat ekonomis masa item will flow to the Group and the cost of the
depan berkenaan dengan aset tersebut dan item can be measured reliably. The carrying
biaya perolehan aset dapat diukur dengan amount of the replaced part is derecognized.
handal. Nilai tercatat komponen yang diganti Repairs and maintenance costs are charged to
dihapuskan. Biaya perbaikan dan pemeliharaan the current year profit or loss.
dibebankan ke dalam laba rugi tahun berjalan.
Apabila aset tetap tidak digunakan lagi atau When fixed assets are no longer in use or
dijual, maka nilai perolehan dan akumulasi disposed of, their costs and the related
penyusutannya dihapuskan dari laporan accumulated depreciation are written off in the
keuangan konsolidasian. Keuntungan atau consolidated financial statements. Net gains or
kerugian bersih atas pelepasan aset tetap losses on disposals are determined by
ditentukan dengan membandingkan hasil yang comparing the proceeds with the carrying
diterima dengan nilai tercatat dan diakui pada amount and are recognized in the current year
laba rugi tahun berjalan. profit or loss.
Akumulasi biaya konstruksi bangunan serta The accumulated costs of the construction of
pemasangan peralatan kantor, dikapitalisasi buildings and the installation of office equipment
sebagai aset dalam penyelesaian. Biaya are capitalized as construction in progress.
tersebut direklasifikasi ke akun aset tetap pada These costs are reclassified to fixed assets
saat proses konstruksi atau pemasangan accounts when the construction or installation is
selesai. Penyusutan dimulai pada saat aset completed. Depreciation is charged from the
tersebut siap untuk digunakan dengan tujuan date the assets are ready for use in the manner
yang diinginkan manajemen. intended by management.
Nilai tercatat aset segera diturunkan menjadi S The asset’s carrying amount is written down
sebesar jumlah yang dapat dipulihkan ketika e immediately to its recoverable amount when the
nilai tercatat aset lebih besar dari estimasi asset’s carrying amount is greater than its
jumlah yang dapat dipulihkan. estimated recoverable amount.
Nilai sisa aset, masa manfaat dan metode The assets’ residual values, useful lives and
penyusutan ditelaah dan jika perlu disesuaikan, depreciation method are reviewed and adjusted
pada setiap akhir periode pelaporan. if appropriate, at the end of each reporting
period.
68
504 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 507
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
v. Aset takberwujud dan goodwill v. Intangible assets and goodwill
Goodwill Goodwill
Goodwill dinyatakan sebesar nilai perolehan Goodwill is carried at cost less accumulated
dikurangi akumulasi kerugian penurunan nilai. impairment losses. Goodwill impairment reviews
Peninjauan atas penurunan nilai pada goodwill are undertaken annually or more frequently if
dilakukan setahun sekali atau lebih sering events or changes in circumstances indicate a
apabila terdapat peristiwa atau perubahan potential impairment.
keadaan yang mengindikasikan adanya potensi
penurunan nilai.
Merek Dagang Trademarks
Merek dagang memiliki masa manfaat yang Trademarks have a finite useful life and
terbatas dan diakui sebesar nilai perolehan, recognized at acquisition cost, subsequently
selanjutnya dicatat sebesar harga perolehan carried at cost less accumulated amortization
dikurangi akumulasi amortisasi dan kerugian and accumulated impairment losses.
penurunan nilai.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat merek dagang tersebut, sejak of the trademarks, from the date it is acquired.
tanggal merek dagang tersebut diperoleh. The estimated useful life of trademarks is up-to
Estimasi masa manfaat dari merek dagang 20 years.
adalah sampai dengan 20 tahun.
Peninjauan atas penurunan nilai pada merek Trademarks impairment reviews are undertaken
dagang dilakukan setahun sekali atau lebih annually or more frequently if events or changes
sering apabila terdapat peristiwa atau in circumstances indicate a potential impairment.
perubahan keadaan yang mengindikasikan
adanya potensi penurunan nilai.
Hubungan Pelanggan Customer Relationship
Hubungan pelanggan memiliki masa manfaat Customer relationship have a finite useful life
yang terbatas dan diakui sebesar nilai and recognized at acquisition cost, subsequently
perolehan, selanjutnya dicatat sebesar harga carried at cost less accumulated amortization
perolehan dikurangi akumulasi amortisasi dan and accumulated impairment losses.
kerugian penurunan nilai.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat hubungan pelanggan tersebut, of the customer relationship, from the date it is
sejak tanggal hubungan pelanggan tersebut acquired. The estimated useful life of customer
diperoleh. Estimasi masa manfaat dari relationship is 5-9 years.
hubungan pelanggan adalah 5-9 tahun.
Peninjauan atas penurunan nilai pada hubungan Customer relationship impairment reviews are
pelanggan dilakukan setahun sekali atau lebih undertaken annually or more frequently if events
sering apabila terdapat peristiwa atau or changes in circumstances indicate a potential
perubahan keadaan yang mengindikasikan impairment.
adanya potensi penurunan nilai.
Piranti lunak Software
Piranti lunak memiliki masa manfaat yang Software have a finite useful life and recognized
terbatas dan diakui sebesar harga perolehan, at acquisition cost, subsequently carried at cost
selanjutnya dicatat sebesar harga perolehan less accumulated amortization and accumulated
dikurangi akumulasi amortisasi dan kerugian impairment losses.
penurunan nilai.
69
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 505
Page 508
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
v. Aset takberwujud dan goodwill (lanjutan) v. Intangible assets and goodwill (continued)
Piranti lunak (lanjutan) Software (continued)
Biaya yang dikeluarkan untuk memperoleh The costs incurred to acquire software license
lisensi piranti lunak dan mempersiapkan piranti and bring that software to use are capitalized.
lunak tersebut siap untuk digunakan
dikapitalisasi.
Biaya yang terkait dengan pemeliharaan Costs associated with maintaining software
program piranti lunak diakui sebagai beban pada programs are recognized as expense when
saat terjadinya. Biaya pengembangan yang incurred. Development costs that are directly
dapat secara langsung diatribusikan dalam attributable to the design and testing of
pembuatan dan pengujian produk piranti lunak identifiable and unique software products
yang dapat diidentifikasi dan unik yang controlled by the Group is recognized as
dikendalikan oleh Grup diakui sebagai aset intangible assets.
takberwujud.
Biaya yang dapat diatribusikan secara langsung Directly attributable costs that are capitalized as
dan dikapitalisasi sebagai bagian produk piranti part of the software product include the software
lunak mencakup beban pekerja pengembang development employee costs and an
piranti lunak dan bagian overhead yang relevan. appropriate portion of relevant overheads.
Pengeluaran pengembangan lain yang tidak Other development expenditures that do not
memenuhi kriteria ini diakui sebagai beban pada meet these criteria are recognized as expense
saat terjadinya. Biaya pengembangan yang when incurred. Development costs previously
sebelumnya diakui sebagai beban tidak dapat recognized as expense are not recognized as
diakui sebagai aset pada periode berikutnya. asset in a subsequent period.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat piranti lunak tersebut, sejak of the software, from the date it is ready for use.
tanggal piranti tersebut siap untuk dipakai. The estimated useful life of software is 4-10
Estimasi masa manfaat dari piranti lunak adalah years.
4-10 tahun.
Aset takberwujud dihentikan pengakuannya Intangible assets shall be derecognized or
atau dilepas ketika tidak lagi terdapat manfaat disposed when no future economic benefits are
masa depan yang diharapkan dari penggunaan expected from its use or disposal.
atau pelepasannya.
w. Aset lain-lain w. Other assets
Aset lain-lain sebagian besar terdiri dari tagihan Other assets mainly consists of other credit
kredit lainnya, wesel ekspor lainnya, agunan receivables, other export bills, foreclosed
yang diambil alih, jaminan kontrak, uang muka, collaterals, security deposits, advance payment,
transaksi ATM dan transfer, persediaan ATM transaction and transfer, office supplies,
keperluan kantor, dan tagihan kepada asuransi. and receivables from insurance company.
70
506 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 509
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
w. Aset lain-lain (lanjutan) w. Other assets (continued)
Grup mengakui kerugian penurunan nilai untuk The Group recognizes impairment losses of
aset lain-lain apabila taksiran jumlah yang dapat other assets if the recoverable amount of the
diperoleh kembali dari suatu aset lebih rendah assets is lower than the carrying value. At each
dari nilai tercatatnya. Pada setiap tanggal reporting date, the Group evaluates the
pelaporan, Grup melakukan penelaahan untuk recoverable amount of the assets to determine
menentukan apakah terdapat indikasi whether there is an indication of impairment.
penurunan nilai. Pemulihan penurunan nilai Reversal of impairment losses is recognized as
diakui sebagai keuntungan dalam laba rugi pada gain in the profit or loss when incurred.
saat terjadinya.
x. Simpanan nasabah dan simpanan dari bank- x. Deposits from customers and deposits from
bank lain other banks
Simpanan nasabah adalah dana yang Deposits from customers are the funds placed by
dipercayakan oleh masyarakat kepada Grup customers to the Group based on fund deposits
berdasarkan perjanjian penyimpanan dana. agreements. Included in these accounts are
Termasuk didalamnya adalah giro, tabungan, current accounts, saving deposits, time deposits,
deposito berjangka, deposito on call dan deposits on call and sharia deposits from
simpanan nasabah berdasarkan prinsip syariah. customers.
Simpanan nasabah berdasarkan prinsip syariah Sharia deposits consist of wadiah demand
terdiri dari giro dan tabungan wadiah. Giro deposits and saving deposits. Wadiah demand
wadiah merupakan giro wadiah yadh-dhamanah deposits are wadiah yadh-dhamanah demand
yakni titipan dana pihak lain dimana pemilik dana deposits in which the funds owner will get a
mendapatkan bonus berdasarkan kebijakan bonus based on the Subsidiary’s policy. Wadiah
Entitas Anak. Giro wadiah dicatat sebesar saldo demand deposits are stated at the amount
titipan pemegang giro wadiah. Tabungan wadiah entrusted by depositors. Wadiah saving deposits
merupakan simpanan pihak lain yang bisa represent third party funds which can be taken at
diambil kapan saja (on call) atau berdasarkan any time (on call) or by an agreement which
kesepakatan dimana tidak ada imbalan yang required no reward except in the form of
disyaratkan kecuali dalam bentuk pemberian voluntary bonus (‘Athaya’) on the part of the
(‘Athaya’) sukarela dari Entitas Anak. Subsidiary.
Simpanan dari bank-bank lain terdiri dari Deposits from other banks represent liabilities to
liabilitas terhadap bank lain, dalam bentuk call other domestic banks, in the form of call money,
money, giro, dan deposito berjangka. current accounts, and time deposits.
Simpanan nasabah dan simpanan dari bank- Deposits from customers and deposits from
bank lain diklasifikasikan sebagai liabilitas other banks are classified as financial liabilities
keuangan yang diukur dengan biaya perolehan measured at amortized cost. Incremental costs
diamortisasi. Biaya tambahan yang dapat directly attributable to the acquisition of deposits
diatribusikan secara langsung dengan from customers and deposits from other banks
perolehan simpanan nasabah dan simpanan are deducted from the amount of deposits from
dari bank-bank lain dikurangkan dari jumlah customers and deposits from other banks.
simpanan nasabah dan simpanan dari bank-
bank lain.
Simpanan dari bank-bank lain disajikan sebesar Deposits from other banks are stated at the
jumlah liabilitas terhadap bank-bank lain. amounts due to other banks.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 507
Page 510
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
y. Efek-efek yang diterbitkan y. Securities issued
Efek-efek yang diterbitkan terdiri dari utang Securities issued consist of bonds payable.
obligasi.
Utang obligasi dicatat sebesar nilai nominal Bonds payable are stated at nominal value net
dikurangi dengan biaya emisi yang belum of unamortized bond issuance cost. Costs
diamortisasi. Biaya emisi adalah biaya yang incurred in connection with the bonds payable,
terjadi sehubungan dengan utang obligasi, are recognized as a deferred expense and offset
diakui sebagai beban yang ditangguhkan dan directly from the proceeds derived from such
dikurangkan langsung dari hasil emisi dan offerings and amortized over the period of the
diamortisasi selama jangka waktu utang obligasi bonds payable using the effective interest
tersebut dengan menggunakan metode bunga method.
efektif.
z. Pinjaman yang diterima z. Borrowings
Pada saat pengakuan awal, pinjaman diakui Borrowings are initially recognized at fair value,
sebesar nilai wajar, dikurangi dengan biaya- net of transaction costs incurred. Borrowings are
biaya transaksi yang terjadi. Selanjutnya, subsequently carried at amortized cost; any
pinjaman yang diterima diukur sebesar biaya difference between the proceeds (net of
perolehan diamortisasi; selisih antara transaction costs) and the redemption value is
penerimaan (dikurangi biaya transaksi) dan nilai recognized in the profit or loss over the period of
pelunasan dicatat pada laba rugi selama periode the borrowings using the effective interest
pinjaman dengan menggunakan metode bunga method.
efektif.
Biaya yang dibayar untuk memperoleh fasilitas Fees paid on the establishment of loan facilities
pinjaman diakui sebagai biaya transaksi are recognized as transaction costs of the loan
pinjaman sepanjang besar kemungkinan to the extent that it is probable that some or all
sebagian atau seluruh fasilitas akan ditarik. of the facility will be drawdown. In this case, the
Dalam hal ini, biaya memperoleh pinjaman fee is deferred until the draw-down occurs. To
ditangguhkan sampai penarikan pinjaman the extent that there is no evidence that it is
terjadi. Sepanjang tidak terdapat bukti bahwa probable that some or all of the facility will be
besar kemungkinan sebagian atau seluruh drawdown, the fee is capitalised as a pre-
fasilitas akan ditarik, biaya memperoleh payment for liquidity services and amortized
pinjaman dikapitalisasi sebagai pembayaran over the period of the facility to which it relates.
dimuka untuk jasa likuiditas dan diamortisasi
selama periode fasilitas yang terkait.
aa. Imbalan kerja karyawan aa. Employee benefits
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek diakui pada saat Short-term employee benefits are recognized
terutang kepada karyawan. when they are payable to the employees.
Imbalan pascakerja Post-employment benefits
Liabilitas imbalan pascakerja dihitung sebesar The post-employment benefits liabilities are
nilai kini dari estimasi jumlah liabilitas imbalan calculated at present value of estimated future
pascakerja di masa depan yang timbul dari jasa benefits that the employees have earned in
yang telah diberikan oleh karyawan tersebut return for their services in the current and prior
pada masa kini dan masa lalu. Perhitungan periods. The calculation is performed by an
dilakukan oleh aktuaris berkualifikasi dengan qualified actuary using the projected unit credit
metode projected unit credit. method.
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508 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 511
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aa. Imbalan kerja karyawan (lanjutan) aa. Employee benefits (continued)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Keuntungan atau kerugian yang timbul dari Gains or losses arising from actuarial
pengukuran kembali aktuarial atas liabilitas remeasurements of the net defined benefit
imbalan pasti neto diakui segera dalam liability are recognized immediately in other
penghasilan komprehensif lain. Ketika manfaat comprehensive income. When the benefits of a
suatu program diubah atau terjadi kurtailmen, plan are changed or when a plan is curtailed, the
perubahan manfaat yang terkait dengan jasa resulting change in benefit that relates to past
lalu atau keuntungan atau kerugian dari service or the gain or loss on curtailment is
kurtailmen diakui segera dalam laba rugi. recognized immediately in profit or loss.
Liabilitas imbalan pascakerja untuk karyawan Specific Time Employment Agreements (PKWT)
Perjanjian Kerja Waktu Tertentu (PKWT) Entitas employee post-employment benefit obligations
Anak dihitung secara internal dengan metode of the Subsidiary are calculated internally using
historical stay rate. the historical stay rate method.
Imbalan jangka panjang lainnya Other long-term benefits
Imbalan jangka panjang lainnya berupa cuti Other long-term benefits such as long service
berimbalan jangka panjang dihitung dengan leave are calculated using the projected unit
menggunakan metode projected unit credit dan credit method and discounted to present value.
didiskontokan ke nilai kini. Keuntungan dan Actuarial gains and losses arising from
kerugian aktuarial yang timbul dari penyesuaian experience adjustments and changes in
dan perubahan dalam asumsi-asumsi aktuarial actuarial assumption are recognized to the
diakui dalam laba rugi tahun berjalan. current year profit or loss.
ab. Pinjaman subordinasi ab. Subordinated loans
Pinjaman subordinasi pada awalnya diakui Subordinated loans are recognized initially at fair
sebesar nilai wajar dan selanjutnya diukur pada value and subsequently measured at amortized
biaya perolehan diamortisasi dengan cost using the effective interest method.
menggunakan metode bunga efektif.
ac. Dana syirkah temporer ac. Temporary syirkah funds
Dana syirkah temporer adalah dana yang Temporary syirkah funds represent investment
diterima oleh Entitas Anak. received by Subsidiary.
Dana syirkah temporer merupakan investasi Temporary syirkah funds represent investments
dengan akad mudharabah mutlaqah, yaitu from other parties conducted on the basis
pemilik dana (shahibul maal) memberikan mudharabah mutlaqah contract in which the
kebebasan kepada pengelola dana (mudharib/ owners of the funds (shahibul maal) grant
Entitas Anak) dalam pengelolaan investasinya freedom to the fund manager
sesuai prinsip syariah dengan keuntungan (mudharib/Subsidiary) in the management of
dibagikan sesuai kesepakatan. Dana syirkah their investments according to sharia principle
temporer terdiri dari tabungan mudharabah dan with profit distributed based on the agreement.
deposito mudharabah. Temporary syirkah funds consist of mudharabah
saving deposits and mudharabah time deposits.
Tabungan mudharabah merupakan investasi Mudharabah saving deposits represent
yang bisa ditarik kapan saja (on call) atau sesuai investment which could be withdrawn anytime
dengan persyaratan tertentu yang disepakati. (on call) or can be withdrawn based on certain
Tabungan mudharabah dinyatakan sebesar agreed terms. Mudharabah saving deposits are
saldo tabungan nasabah di Entitas Anak. stated based on the customer’s savings deposit
balance at the Subsidiary.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 509
Page 512
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ac. Dana syirkah temporer (lanjutan) ac. Temporary syirkah funds (continued)
Deposito mudharabah merupakan investasi Mudharabah time deposits represent investment
yang hanya bisa ditarik pada waktu tertentu which can only be withdrawn at a certain time
sesuai dengan perjanjian antara pemegang based on the agreement between the customer
deposito mudharabah dengan Entitas Anak. and the Subsidiary. Mudharabah time deposits
Deposito mudharabah dinyatakan sebesar nilai are stated at nominal amount as agreed
nominal sesuai dengan perjanjian antara between the deposit holder and the Subsidiary.
pemegang deposito dengan Entitas Anak.
Dana syirkah temporer tidak dapat digolongkan Temporary syirkah funds cannot be classified as
sebagai liabilitas karena Entitas Anak tidak liability because the Subsidiary does not have
berkewajiban untuk menjamin pengembalian any obligation to return the initial funds to the
jumlah dana awal dari pemilik dana bila Entitas owners if the Subsidiary experiences losses,
Anak merugi kecuali kerugian akibat kelalaian except for losses due to the Subsidiary’s
atau wanprestasi. Di sisi lain, dana syirkah management negligence or default. On the other
temporer tidak dapat digolongkan sebagai hand, temporary syirkah fund cannot be
ekuitas karena mempunyai waktu jatuh tempo classified as equity because of the maturity
dan pemilik dana tidak mempunyai hak period and the depositors do not have the same
kepemilikan yang sama dengan pemegang rights as the shareholders such as voting rights
saham seperti hak voting dan hak atas realisasi and the rights of realised gain from current
keuntungan yang berasal dari aset lancar dan assets and other non-investment accounts.
aset non-investasi.
Pemilik dana syirkah temporer mendapatkan The owner of temporary syirkah funds receives a
imbalan bagi hasil sesuai dengan nisbah yang return from the profit sharing based on a
ditetapkan. predetermined ratio.
ad. Modal saham ad. Share capital
Saham biasa diklasifikasikan sebagai ekuitas. Ordinary shares are classified as equity.
Tambahan biaya yang secara langsung terkait Incremental costs directly attributable to the
dengan penerbitan saham biasa atau opsi baru issuance of new ordinary shares or options are
disajikan pada bagian ekuitas sebagai shown in equity as a deduction, net of tax, from
pengurang, sebesar jumlah yang diterima bersih the proceeds.
setelah dikurangi pajak.
Saham tresuri Treasury shares
Ketika Bank membeli modal saham ekuitas When the Bank purchases the equity share capital
(saham tresuri), imbalan yang dibayar, termasuk (treasury shares), the consideration paid,
biaya tambahan yang secara langsung dapat including any directly attributable incremental
diatribusikan (dikurangi pajak penghasilan) costs (net of income taxes) is deducted from
dikurangkan dari ekuitas yang diatribusikan equity attributable to the Bank’s equity holders
kepada pemilik ekuitas Bank sampai saham until the shares are cancelled or reissued. Where
tersebut dibatalkan atau diterbitkan kembali. such ordinary shares are subsequently reissued,
Ketika saham biasa tersebut selanjutnya any consideration received, net of any directly
diterbitkan kembali, imbalan yang diterima, attributable incremental transaction costs and the
dikurangi biaya tambahan transaksi yang terkait related income tax effects, is included in equity
dan dampak pajak penghasilan yang terkait attributable to the Bank’s equity holders.
dimasukkan kepada ekuitas yang dapat
diatribusikan kepada pemilik ekuitas Bank.
ae. Perpajakan ae. Taxation
Beban pajak penghasilan terdiri dari pajak kini Income tax expense consists of current and
dan pajak tangguhan. Beban pajak penghasilan deferred tax. Income tax expenses are recognized
diakui pada laba rugi, kecuali untuk komponen in profit or loss except to the extent that they relate
yang diakui secara langsung di ekuitas atau di to items recognized directly in equity or in other
comprehensive income.
penghasilan komprehensif lain.
74
510 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 513
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ae. Perpajakan (lanjutan) ae. Taxation (continued)
Beban pajak kini merupakan jumlah pajak yang Current tax expense is the amount of tax paid, or
dibayar, atau terutang atas laba atau rugi kena payable on taxable income or loss for the year
pajak untuk tahun yang bersangkutan dengan using tax rates substantively enacted as of the
menggunakan tarif pajak yang secara substantif reporting date. Current tax also includes true-up
adjustments made to the previous years’ tax
telah berlaku pada tanggal pelaporan. Pajak kini provisions either to reconcile them with the
juga termasuk penyesuaian yang dibuat untuk income tax reported in annual tax returns, or to
penyisihan pajak tahun sebelumnya, baik untuk account for differences arising from tax
merekonsiliasi pajak penghasilan dengan pajak assesments.
yang dilaporkan di surat pemberitahuan tahunan,
atau untuk memperhitungkan perbedaan yang
muncul dari pemeriksaan pajak.
Beban pajak kini diukur menggunakan estimasi Current tax expense is measured using the best
terbaik atas jumlah yang diperkirakan akan estimate of the amount expected to be paid or
dibayar atau diterima, dengan received, taking into consideration the
mempertimbangkan ketidakpastian terkait uncertainty associated with the complexity of tax
dengan kompleksitas peraturan pajak. regulations.
Pajak tangguhan diakui atas perbedaan temporer Deferred tax is recognized in respect of
antara nilai tercatat aset dan liabilitas untuk tujuan temporary differences between the carrying
pelaporan keuangan dan nilai yang digunakan amounts of assets and liabilities for financial
untuk tujuan perpajakan. Pajak tangguhan diukur reporting purposes and the amounts used for
dengan menggunakan tarif pajak yang taxation purposes. Deferred tax is measured at
diharapkan untuk ditetapkan atas perbedaan the tax rates that are expected to be applied to
temporer pada saat pembalikan, berdasarkan temporary differences when they reverse, based
peraturan yang telah berlaku atau secara on the laws that have been enacted or
substantif berlaku pada tanggal pelaporan. substantively enacted as of the reporting date.
Kebijakan akuntansi ini juga mengharuskan This accounting policy also requires the
pengakuan manfaat pajak, seperti rugi fiskal yang recognition of tax benefits, such as tax loss
belum dikompensasi, yang timbul dari periode carryforwards, which are originated in the current
berjalan yang diharapkan akan direalisasi pada period that are expected to be realized in the
masa mendatang, apabila besar kemungkinan future periods, to the extent that realisation of
manfaat pajak tersebut dapat direalisasi. such benefits is probable.
Aset pajak tangguhan merupakan saldo bersih Deferred tax assets represent the net remaining
atas manfaat pajak tangguhan yang timbul dan balance of deferred tax benefits that have been
dipergunakan sampai dengan tanggal pelaporan. originated and utilized through the reporting date.
Aset pajak tangguhan ditelaah ulang pada setiap Deferred tax assets are reviewed at each
tangal pelaporan dan dikurangkan dengan reporting date and are reduced to the extent that
manfaat pajak sejumlah nilai yang besar it is no longer probable that the related tax benefit
kemungkinan yang tidak dapat terealisasi; will be realised; such reductions are reversed
pengurangan tersebut akan dibalik ketika when the probability of their realisation through
kemungkinan realisasi melalui laba kena pajak di future taxable profits improves.
masa depan meningkat.
Aset pajak tangguhan yang belum diakui dinilai Unrecognized deferred tax assets are
kembali pada setiap tanggal pelaporan dan diakui reassessed at each reporting date and
sepanjang kemungkinan besar laba kena pajak recognized to the extent that it has become
masa depan akan tersedia untuk digunakan. probable that future taxable income will be
available against which they can be used.
75
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 511
Page 514
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ae. Perpajakan (lanjutan) ae. Taxation (continued)
Grup telah menentukan bahwa bunga dan penalti The Group has determined that interest and
sehubungan dengan pajak penghasilan, penalties related to income taxes, including those
termasuk yang mungkin diterima dalam kaitannya that may materialize in connection with uncertain
dengan posisi pajak yang mengandung tax positions, do not meet the definition of income
ketidakpastian, tidak memenuhi definisi pajak taxes, and therefore are accounted for in
penghasilan, dan dengan demikian diperlakukan accordance with PSAK 237, Provisions,
sesuai dengan PSAK 237, Provisi, Liabilitas Contingent Liabilities and Contingent Assets.
Kontinjensi dan Aset Kontinjensi.
Koreksi atas kewajiban pajak diakui pada saat Amendments to tax obligations are recognized
surat ketetapan pajak diterima, atau apabila when an assessment is received, or if objection
diajukan keberatan dan atau banding, maka and or appeal is applied, when the results of the
koreksi diakui pada saat keputusan atas objection or the appeal are received.
keberatan atau banding itu diterima.
af.((Pendapatan dan beban bunga dan af. Interest income and expense and sharia
((pendapatan syariah dan hak pihak ketiga income and third parties’ shares on return of
((atas bagi hasil dana syirkah temporer temporary syirkah funds
(i). Pendapatan dan beban bunga (i). Interest income and expense
Pendapatan bunga atas aset keuangan baik Interest income on financial assets held at
yang diukur dengan nilai wajar melalui either fair value through other
penghasilan komprehensif lain atau biaya comprehensive income or amortized cost,
perolehan diamortisasi, dan beban bunga and interest expense on financial liabilities
atas liabilitas keuangan yang diukur dengan held at amortized cost are recognized in
biaya perolehan diamortisasi, diakui pada profit or loss using the effective interest
laba rugi menggunakan metode suku bunga method.
efektif.
Metode suku bunga efektif adalah metode The effective interest method is a method
yang digunakan untuk menghitung biaya of calculating the amortized cost of a
perolehan diamortisasi dari aset atau financial asset or liability and of allocating
liabilitas keuangan dan metode untuk the interest income or expense over the
mengalokasikan pendapatan atau beban relevant period. The effective interest rate
bunga selama periode yang relevan. Suku is the rate that exactly discounts estimated
bunga efektif adalah suku bunga yang future cash payments or receipts through
secara tepat mendiskontokan estimasi the expected life of the financial instrument,
pembayaran atau penerimaan kas masa to the gross carrying amount of the financial
depan sepanjang umur yang diperkirakan asset or to the amortized cost of the
atas instrumen keuangan, pada nilai tercatat financial liability. When calculating the
bruto dari aset keuangan atau pada biaya effective interest rate for financial
perolehan diamortisasi untuk liabilitas instruments other than purchased or
keuangan. Saat menghitung suku bunga originated credit-impaired assets, the Bank
efektif intrumen keuangan selain aset yang estimates future cash flows considering all
dibeli atau yang berasal dari aset keuangan contractual terms of the financial instrument
memburuk, Bank melakukan estimasi arus but not expected credit losses.
kas masa depan dengan
mempertimbangkan seluruh perjanjian
kontraktual atas instrumen keuangan tapi
tidak mempertimbangkan kerugian kredit
ekspektasian.
76
512 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 515
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
af.(Pendapatan dan beban bunga dan af. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga atas income and third parties’ shares on return of
bagi hasil dana syirkah temporer (lanjutan) temporary syirkah funds (continued)
(i). Pendapatan dan beban bunga (lanjutan) (i). Interest income and expense (continued)
Untuk aset keuangan yang dibeli atau yang For purchased or originated credit-impaired
berasal dari aset keuangan memburuk, financial assets, a credit-adjusted effective
suku bunga efektif yang disesuaikan interest rate is calculated using estimated
dengan risiko kredit dihitung dengan future cash flows including expected credit
menggunakan estimasi arus kas masa losses. The calculation of the effective
depan termasuk kerugian kredit interest rate includes transaction costs and
ekspektasian. Perhitungan suku bunga fees that are an integral part of the effective
efektif termasuk biaya transaksi dan interest rate.
imbalan yang merupakan bagian yang tak
terpisahkan dari suku bunga efektif.
Suku bunga efektif aset atau liabilitas The effective interest rate of a financial
keuangan dihitung pada saat pengakuan asset or financial liability is calculated on
awal aset atau liabilitas keuangan tersebut. initial recognition of a financial asset or
Dalam menghitung pendapatan dan beban financial liability. In calculating interest
bunga, suku bunga efektif diterapkan atas income and expense, the effective interest
nilai tercatat bruto aset keuangan (ketika rate is applied to the gross carrying amount
aset tidak mengalami penurunan nilai) atau of the asset (when the asset is not credit-
atas biaya perolehan diamortisasi dari impaired) or to the amortized cost of the
liabilitas keuangan. Suku bunga efektif financial liability. The effective interest rate
direvisi sebagai hasil dari perhitungan ulang is revised as a result of periodic re-
estimasi arus kas dari instrumen dengan estimation of cash flows of floating-rate
suku bunga mengambang secara berkala instruments to reflect movements in market
untuk merefleksikan perubahan suku bunga rates of interest. For financial assets that
pasar. Untuk aset keuangan yang telah have become credit-impaired subsequent
mengalami penurunan nilai setelah to initial recognition, interest income is
pengakuan awal, pendapatan bunga calculated by applying the effective interest
dihitung dengan menerapkan suku bunga rate to the amortized cost of the financial
efektif atas biaya perolehan diamortisasi asset. If the asset is no longer credit-
aset keuangan tersebut. Jika aset tersebut impaired, then the calculation of interest
tidak lagi mengalami penurunan nilai, maka income reverts to the gross carrying
perhitungan pendapatan bunga kembali amount.
menggunakan nilai tercatat bruto.
(ii). Pendapatan syariah (ii). Sharia income
Pendapatan pengelolaan dana oleh Entitas Income from fund management by the
Anak sebagai mudharib terdiri atas Subsidiary as mudharib consist of income
pendapatan dari jual beli-margin from sales and purchases-murabahah
murabahah, pendapatan bagi hasil- margin, income from profit sharing-
pembiayaan musyarakah, dan pendapatan musyarakah financing and other main
usaha utama lainnya. operating income.
Pengakuan pendapatan atas piutang The revenue recognition of murabahah
murabahah yang tidak memiliki risiko yang receivables, which do not have significant
signifikan terkait dengan kepemilikan risk in relation with the ownership of
persediaan diakui pada laba rugi dengan inventory, are recognized in profit or loss
menggunakan metode tingkat imbal hasil using the effective rate of return method.
efektif.
77
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 513
Page 516
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
af.(Pendapatan dan beban bunga dan af. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga atas income and third parties’ shares on return of
bagi hasil dana syirkah temporer (lanjutan) temporary syirkah funds (continued)
(ii). Pendapatan syariah (lanjutan) (ii). Sharia income (continued)
Tingkat imbal hasil efektif merupakan Effective rate of return is an allocation method
metode alokasi pengakuan pendapatan dan of revenue recognition and the rate which
merupakan tingkat imbal hasil yang secara exactly discounts the estimated future cash
tepat mendiskontokan estimasi penerimaan receipts through the expected life of the
kas di masa depan selama perkiraan umur murabahah receivables to obtain the carrying
dari piutang murabahah untuk memperoleh amount of murabahah receivables. When
nilai tercatat piutang murabahah. Pada saat calculating the effective rate of return, the
menghitung tingkat imbal hasil efektif, Subsidiary estimates future cash flows by
Entitas Anak mengestimasi arus kas di masa considering all contractual terms of the
datang dengan mempertimbangkan seluruh murabahah receivables, but does not
persyaratan kontraktual dalam piutang consider the loss of receivables in the future.
murabahah tersebut, tetapi tidak This calculation includes all commissions,
mempertimbangkan kerugian piutang di provisions and other forms received by the
masa mendatang. Perhitungan ini mencakup parties in a contract which are an integral part
seluruh komisi, provisi dan bentuk lain yang of the effective rate of return, transaction
diterima oleh para pihak dalam akad yang costs and all other premiums or discounts.
merupakan bagian tidak terpisahkan dari
tingkat imbal hasil efektif, biaya transaksi,
dan seluruh premi atau diskon lainnya.
Untuk pengakuan pendapatan atas piutang For the recognition of income on restructured
murabahah yang telah direstrukturisasi murabahah receivables with payment
dengan payment holiday atau skema holidays or scheme to postpone installment
penundaan pembayaran cicilan, Entitas payments, the Subsidiary will only recognise
Anak hanya mengakui pendapatan marjin margin income if the Subsidiary has a
apabila Entitas Anak cukup yakin bahwa reasonable certainty that an installment
pembayaran angsuran akan diterima sesuai payment will be received in accordance with
dengan kesepakatan dengan nasabah. the agreement with the customers.
Pendapatan bagi hasil - pembiayaan Income from profit sharing - musyarakah
musyarakah diakui dalam periode terjadinya financing is recognized during the period of
hak bagi hasil sesuai nisbah yang profit sharing in accordance with the pre-
disepakati. determined ratio.
(iii). Hak pihak ketiga atas bagi hasil dana syirkah (iii). Third parties’ shares on return of temporary
temporer syirkah funds
Hak pihak ketiga atas bagi hasil dana syirkah Third parties’ share on returns of temporary
temporer merupakan bagian bagi hasil milik syirkah funds represents customer’s share on
nasabah yang didasarkan pada prinsip the Subsidiary’s income derived from the
mudharabah atas hasil pengelolaan dana management of their funds by the Subsidiary
mereka oleh Entitas Anak. Pendapatan yang under mudharabah principles. Distributable
dibagikan adalah yang telah diterima (cash income will be distributed from the cash
basis). received (cash basis).
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514 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 517
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
af. Pendapatan dan beban bunga dan af. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga income and third parties’ shares on return of
atas bagi hasil dana syirkah temporer temporary syirkah funds (continued)
(lanjutan)
(iii). Hak pihak ketiga atas bagi hasil dana syirkah (iii). Third parties’ shares on return of
temporer (lanjutan) temporary syirkah funds (continued)
Pendapatan marjin atas pembiayaan yang Margin income on financing facilities and
diberikan dan atas aset produktif lainnya other earning assets (placements with
(penempatan pada Bank Indonesia, Bank Indonesia, placements with other
penempatan pada bank lain dan investasi banks and investments in securities) are
pada surat berharga) akan dibagikan distributed to fund owners and the
kepada nasabah pemilik dana dan Entitas Subsidiary based on proportion of funds
Anak sesuai dengan proporsi dana yang used in the financing and other earning
dipakai dalam pembiayaan yang diberikan assets. Likewise, the available margin
dan aset produktif lainnya. Selanjutnya, income is then distributed to fund owners
pendapatan marjin yang tersedia tersebut as shahibul maal and the Subsidiary as
kemudian didistribusikan ke nasabah mudharib based on a pre-determined ratio
pemilik dana sebagai shahibul maal dan (nisbah).
Entitas Anak sebagai mudharib sesuai
porsi nisbah bagi hasil yang telah
disepakati bersama sebelumnya.
Pendapatan marjin dari pembiayaan dan Margin income from financing facilities and
aset produktif lainnya yang memakai dana other earning assets using the Subsidiary's
Entitas Anak, seluruhnya menjadi milik funds, are entirely belong to the Subsidiary,
Entitas Anak, termasuk pendapatan dari including income from the Subsidiary’s fee-
transaksi Entitas Anak berbasis imbalan. based transactions.
ag. Pendapatan dan beban provisi dan komisi ag. Fee and commission income and expenses
Pendapatan provisi dan komisi yang dapat Fees and commissions income directly
diatribusikan secara langsung kepada aktivitas attributable to lending activity are recognized as
peminjaman diakui sebagai pengurang biaya a deduction of lending cost and will be
pinjaman dan nilai tercatat atas pinjaman recognized as interest income by amortizing the
tersebut akan diamortisasi sebagai pendapatan carrying value of loan using effective interest
bunga dengan menggunakan metode bunga method.
efektif.
Pada umumnya pendapatan dan beban provisi Fees and commissions income and expenses
dan komisi diakui menggunakan basis akrual are generally recognized on an accrual basis
pada saat jasa telah diberikan. when the service has been provided.
Pendapatan provisi atas komitmen memberikan Loan commitment fees for loans that are likely to
pinjaman yang kemungkinan besar akan be drawn down are (together with related direct
dicairkan (bersama-sama dengan biaya costs) recognized as an adjustment to the
transaksi lain yang terkait langsung) diakui effective interest rate on the loan.
sebagai penyesuaian atas suku bunga efektif
atas pinjaman yang diberikan.
Pendapatan dan beban atas transaksi jasa Income and expenses from banking service
perbankan diklasifikasikan secara gross di transactions are classified gross into fee and
dalam pendapatan provisi dan komisi dan beban commission income and fee and commission
provisi dan komisi expenses.
Pendapatan provisi dan komisi yang tidak Fees and commissions income which are not
berkaitan langsung dengan kegiatan pemberian directly related to lending activities are
kredit diakui sebagai pendapatan pada saat recognized as revenue on the transaction date
terjadinya transaksi dan diklasifikasikan sebagai and classified under other operating income.
pendapatan operasional lainnya.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 515
Page 518
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ah. Laba per saham ah. Earnings per share
Laba bersih per saham dasar dihitung dengan Basic earnings per share are computed by
membagi laba bersih yang diatribusikan kepada dividing net profit attributable to owners of the
pemilik entitas induk dengan rata-rata parent with the weighted average number of
tertimbang jumlah saham biasa yang beredar ordinary shares outstanding during the year.
pada tahun berjalan.
Laba bersih per saham dilusian dihitung dengan Diluted earnings per share is calculated by
membagi jumlah rata-rata tertimbang saham dividing the weighted average number of
biasa yang beredar dengan dampak dari semua ordinary shares outstanding plus the assumed
efek berpotensi saham biasa yang dilutif yang conversion of all dilutive potential ordinary
dimiliki Bank, yaitu opsi saham. shares owned by Bank, which is stock option.
Ketika opsi dieksekusi, Bank menerbitkan When the options are exercised, the Bank issues
sejumlah saham baru atau menerbitkan new shares or reissues its treasury shares (if
kembali saham treasurinya (jika ada). Nilai kas any). The proceeds received, net of any directly
yang diterima, dikurangi dengan biaya transaksi attributable transaction costs, are credited to
yang dapat diatribusikan, dikreditkan ke modal share capital (nominal value) and share
saham (nilai nominal) dan agio saham. premium.
ai. Segmen operasi ai. Operating segment
Segmen operasi adalah komponen dari Grup An operating segment is a component of the
yang terlibat dalam aktivitas bisnis yang Group that engages in business activities from
menghasilkan pendapatan dan menimbulkan which it may earn revenues and incur expenses,
beban, termasuk pendapatan dan beban yang including revenues and expenses that relate to
terkait dengan transaksi dengan komponen transactions with any of the Group’s other
lain Grup, dimana hasil operasinya dikaji ulang components, whose operating results are
secara berkala oleh pengambil keputusan reviewed regularly by the operating decision
operasional untuk membuat keputusan makers to make decisions about resources
mengenai sumber daya yang akan allocated to the segment and assess its
dialokasikan pada segmen tersebut dan performance, and for which discrete financial
menilai kinerjanya, serta tersedia informasi information is available. Segment results that are
keuangan yang dapat dipisahkan. Hasil reported to the operating decision makers
segmen yang dilaporkan kepada pengambil include items directly attributable to a segment,
keputusan operasional meliputi komponen- as well as those that can be allocated on a
komponen yang dapat diatribusikan secara reasonable basis.
langsung kepada suatu segmen, dan
komponen-komponen yang dapat dialokasikan
dengan dasar yang wajar.
aj. Transaksi sewa aj. Lease transaction
Grup sebagai penyewa The Group as a lessee
Pada tanggal insepsi suatu kontrak, Grup At inception of a contract, the Group determines
menilai apakah suatu kontrak merupakan, atau if a contract is, or contains, a lease by considering
mengandung, sewa dengan whether the contract conveys the right to control
mempertimbangkan apakah kontrak tersebut the use of an identified asset for a period of time
memberikan hak untuk mengendalikan in exchange for a consideration.
penggunaan suatu aset identifikasian selama
suatu jangka waktu untuk dipertukarkan
dengan imbalan.
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516 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 519
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aj. Transaksi sewa (lanjutan) aj. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Suatu kontrak memberikan hak untuk A contract conveys the right to control the use of
mengendalikan penggunaan suatu aset an identified asset if all of the following conditions
identifikasian jika semua kondisi di bawah are met:
dipenuhi:
- kontrak tersebut melibatkan penggunaan - the contract involves the use of substantially
secara substansial seluruh kapasitas dari all of the capacity of an identified asset that is
aset identifikasian yang secara fisik physically distinct (as specified explicitly or
berbeda (sebagaimana ditentukan secara implicitly in the contract). If the supplier has a
eksplisit atau implisit dalam kontrak). Jika substantive substitution right, then the asset
pemasok memiliki hak substitusi yang cannot be considered as identifiable;
substantif, maka aset tersebut tidak dapat
dianggap dapat diidentifikasi;
- Grup memiliki hak untuk memperoleh - the Group have the right to obtain
secara substansial semua manfaat substantially all of the economic benefits from
ekonomi dari penggunaan aset selama the use of the asset throughout the period of
periode penggunaan; dan use; and
- Grup memiliki hak untuk mengarahkan - the Group have the right to direct the use of
penggunaan aset: yaitu memiliki hak the asset: i.e. they have decision-making
pengambilan keputusan yang paling rights that are most relevant to changing how
relevan untuk mengubah bagaimana dan and for what purpose the asset is used.
untuk tujuan apa aset tersebut digunakan.
Pada saat insepsi atau penilaian kembali At inception or on reassessment of a contract that
sebuah kontrak yang berisi komponen sewa, contains a lease component, the Group allocates
Grup mengalokasikan imbalan dalam kontrak the consideration in the contract to each lease
tersebut kepada setiap komponen sewa atas component on the basis of their relative stand-
dasar harga relatif yang berdiri sendiri. alone prices.
Grup mengakui aset hak guna dan liabilitas The Group recognizes a right-of-use asset and a
sewa pada tanggal dimulainya sewa. Aset hak lease liability at the lease commencement date.
guna awalnya diukur pada biaya perolehan, The right-of-use asset is initially measured at
yang terdiri dari jumlah pengukuran awal dari cost, which comprises the initial amount of the
liabilitas sewa disesuaikan dengan lease liability adjusted for any lease payments
pembayaran sewa yang dilakukan pada atau made at or before the commencement date, plus
sebelum tanggal permulaan, ditambah dengan any initial direct costs incurred and an estimate
biaya langsung awal yang dikeluarkan dan of costs to dismantle and remove the underlying
estimasi biaya untuk membongkar dan asset or to restore the underlying asset or the site
memindahkan aset pendasar atau untuk on which it is located, less any lease incentives
merestorasi aset pendasar atau tempat di received.
mana aset berada, dikurangi insentif sewa
yang diterima.
81
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 517
Page 520
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aj. Transaksi sewa (lanjutan) aj. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Setelah tanggal permulaan, aset hak guna After commencement date, right-of-use asset is
diukur dengan model biaya. Aset hak guna measured using cost model. The right-of-use
selanjutnya disusutkan dengan menggunakan asset is subsequently depreciated using the
metode garis-lurus dari tanggal permulaan straight-line method from the commencement
hingga tanggal yang lebih awal antara akhir date to the earlier of the end of the useful life of
masa manfaat aset hak guna atau akhir masa the right-of-use asset or the end of the lease
sewa. Taksiran masa manfaat aset hak guna term. The estimated useful lives of right-of-use
ditentukan dengan basis yang sama dengan asset are determined on the same basis as
aset tetap. Selain itu, aset hak guna secara those of fixed asset. In addition, the right-of-use
berkala dikurangi dengan kerugian penurunan asset is periodically reduced by impairment
nilai, jika ada, dan disesuaikan dengan losses, if any, and adjusted for certain
pengukuran kembali liabilitas sewa. remeasurements of the lease liability.
Liabilitas sewa awalnya diukur pada nilai kini The lease liability is initially measured at the
pembayaran sewa yang belum dibayar pada present value of the lease payments that are not
tanggal permulaan, didiskontokan dengan yet paid at the commencement date, discounted
menggunakan suku bunga implisit dalam sewa using the interest rate implicit in the lease or, if
atau jika suku bunga tersebut tidak dapat that rate cannot be readily determined, using the
ditentukan, digunakan suku bunga pinjaman Group’s incremental borrowing rate. Generally,
inkremental Grup. Umumnya, Grup the Group uses their incremental borrowing rate
menggunakan suku bunga pinjaman as the discount rate.
inkremental sebagai suku bunga diskonto.
Pembayaran sewa yang termasuk dalam Lease payments included in the measurement of
pengukuran liabilitas sewa terdiri dari: the lease liability consist of:
- pembayaran tetap, termasuk pembayaran - fixed payments, including in-substance fixed
tetap secara-substansi, dikurangi insentif payments, less lease incentives receivable;
sewa yang belum diterima;
- pembayaran sewa secara variabel yang - variable lease payments that depend on an
bergantung pada indeks atau suku bunga, index or a rate, initially measured using the
yang pada awalnya diukur menggunakan index or rate as at the commencement date;
indeks atau suku bunga pada tanggal
permulaan;
- jumlah yang diperkirakan akan dibayarkan - amounts expected to be payable under a
berdasarkan jaminan nilai residual; dan residual value guarantee; and
- harga eksekusi opsi beli jika Grup cukup - the exercise price under a purchase option
pasti untuk mengeksekusi opsi, that the Group is reasonably certain to
pembayaran sewa dalam opsi periode exercise, lease payments in an option
perpanjangan jika Grup cukup pasti untuk renewal period if the Group is reasonably
melaksanakan opsi perpanjangan, dan certain to exercise an extension option, and
denda untuk penghentian sewa lebih awal penalties for early termination of a lease
kecuali Grup yakin tidak menghentikan unless the Group is reasonably certain not to
lebih awal. terminate early.
Liabilitas sewa diukur pada biaya perolehan The lease liability is measured at amortized cost
diamortisasi dengan menggunakan metode using the effective interest method. It is
suku bunga efektif. Liabilitas sewa diukur remeasured when there is a change in future
kembali ketika ada perubahan pembayaran lease payments arising from a change in an
sewa masa depan yang timbul dari perubahan index or rate, if there is a change in the Group’s
indeks atau suku bunga, jika ada perubahan estimate of the amount expected to be payable
estimasi Grup atas jumlah yang diperkirakan under a residual value guarantee, or if the Group
akan dibayar dalam jaminan nilai residual, atau changes its assessment of whether it will
jika Grup mengubah penilaiannya apakah exercise a purchase, extension, or termination
akan mengeksekusi opsi beli, perpanjangan option.
atau penghentian.
82
518 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 521
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aj. Transaksi sewa (lanjutan) aj. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Ketika liabilitas sewa diukur kembali dengan When the lease liability is remeasured in this
cara ini, penyesuaian terkait dilakukan way, a corresponding adjustment is made to the
terhadap jumlah tercatat aset hak guna, atau carrying amount of the right-of-use asset or is
dicatat dalam laba rugi jika jumlah tercatat aset recorded in profit or loss if the carrying amount of
hak guna telah berkurang menjadi nol. the right-of-use asset has been reduced to zero.
Grup menyajikan aset hak guna dalam aset The Group presents right-of-use assets in fixed
tetap. assets.
Grup memilih untuk tidak mengakui aset hak The Group has elected not to recognize right-of-
guna dan liabilitas sewa untuk sewa jangka use assets and lease liabilities for short-term
pendek yang memiliki masa sewa 12 bulan leases that have a lease term of 12 months or
atau kurang dan sewa atas aset bernilai less and leases of low-value assets. The Group
rendah. Grup mengakui pembayaran sewa recognize the leases payments associated with
atas sewa tersebut sebagai beban dengan these leases as an expense on a straight-line
dasar garis lurus selama masa sewa. basis over the lease term.
Modifikasi sewa Lease modification
Grup mencatat modifikasi sewa sebagai sewa The Group accounts for a lease modification as
terpisah jika: a separate lease if both:
- modifikasi meningkatkan ruang lingkup - the modification increases the scope of the
sewa dengan menambahkan hak untuk lease by adding the right to use one or more
menggunakan satu aset pendasar atau underlying assets; and
lebih; dan
- imbalan sewa meningkat sebesar jumlah - the consideration for the lease increases by
yang setara dengan harga tersendiri untuk an amount commensurate with the stand-
peningkatan dalam ruang lingkup dan alone price for the increase in scope and
penyesuaian yang tepat pada harga any appropriate adjustments to that stand-
tersendiri tersebut untuk merefleksikan alone price to reflect the circumstances of
kondisi kontrak tertentu. the particular contract.
Untuk modifikasi sewa yang tidak dicatat For a lease modification that is not accounted for
sebagai sewa terpisah, pada tanggal efektif as a separate lease, at the effective date of the
modifikasi sewa, Grup: lease modification, the Group:
- mengukur kembali dan mengalokasikan - remeasures and allocates the consideration
imbalan kontrak modifikasian; in the modified contract;
- menentukan masa sewa dari sewa - determines the lease term of the modified
modifikasian; lease;
83
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 519
Page 522
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aj. Transaksi sewa (lanjutan) aj. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Modifikasi sewa (lanjutan) Lease modification (continued)
- mengukur kembali liabilitas sewa dengan - remeasures the lease liability by
mendiskontokan pembayaran sewa discounting the revised lease payments
revisian pada tingkat diskonto revisian using a revised discount rate on the basis of
berdasarkan sisa umur sewa dan sisa the remaining lease term and the remaining
pembayaran sewa dengan melakukan lease payment with a corresponding
penyesuaian terhadap aset hak guna. adjustment to the right-of-use assets. The
Tingkat diskonto revisian ditentukan revised discount rate is determined as the
sebagai suku bunga pinjaman inkremental Group’s incremental borrowing rate at the
Grup pada tanggal efektif modifikasi; effective date of the modification;
- menurunkan jumlah tercatat aset hak guna - decreases the carrying amount of the
untuk merefleksikan penghentian right-of-use asset to reflect the partial or full
sebagian atau seluruh sewa untuk termination of the lease for lease
modifikasi sewa yang menurunkan ruang modifications that decrease the scope of
lingkup sewa. Grup mengakui setiap laba the lease. The Group recognizes any gain
rugi yang terkait dengan penghentian or loss relating to the partial or full
sebagian atau seluruh sewa tersebut termination of the lease in profit or loss; and
dalam laba rugi; dan
- membuat penyesuaian terkait dengan aset - makes a corresponding adjustment to the
hak guna untuk seluruh modifikasi sewa right-of-use asset for all other lease
lainnya. modifications.
ak. Pengukuran nilai wajar ak. Fair value measurement
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received to
untuk menjual suatu aset atau harga yang akan sell an asset or paid to transfer a liability in an
dibayar untuk mengalihkan suatu liabilitas orderly transaction between market participants
dalam transaksi teratur antara pelaku pasar at the measurement date in the principal market
pada tanggal pengukuran di pasar utama atau, or, in its absence, the most advantageous
jika tidak terdapat pasar utama, di pasar yang market to which the Group has access at that
paling menguntungkan dimana Grup memiliki date. The fair value of a liability reflects its non-
akses pada tanggal tersebut. Nilai wajar performance risk.
liabilitas mencerminkan risiko wanprestasinya.
Jika tersedia, Grup mengukur nilai wajar di When available, the Group measures the fair
pasar aktif untuk instrumen tersebut. Suatu value in an active market for that instrument. A
pasar dianggap aktif jika transaksi atas aset market is regarded as active if transactions for
dan liabilitas terjadi dengan frekuensi dan the asset or liability take place with sufficient
volume yang memadai untuk menyediakan frequency and volume to provide pricing
informasi penentuan harga secara information on an ongoing basis.
berkelanjutan.
Jika harga kuotasian tidak tersedia di pasar If there is no quoted price in an active market,
aktif, Grup menggunakan teknik penilaian then the Group uses valuation techniques that
dengan memaksimalkan penggunaan input maximize the use of relevant observable inputs
yang dapat diobservasi yang relevan dan and minimize the use of unobservable inputs.
meminimalkan penggunaan input yang tidak The chosen valuation technique incorporates all
dapat diobservasi. Teknik penilaian yang dipilih of the factors that market participants would take
menggabungkan semua faktor yang into account in pricing a transaction.
diperhitungkan oleh pelaku pasar dalam
penentuan harga transaksi.
84
520 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 523
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ak. Pengukuran nilai wajar (lanjutan) ak. Fair value measurement (continued)
Bukti terbaik atas nilai wajar pada saat The best evidence of the fair value at initial
pengakuan awal adalah harga transaksi, yaitu recognition is normally the transaction price, i.e.,
nilai wajar dari pembayaran yang diberikan the fair value of the consideration given or
atau diterima. Jika Grup menetapkan bahwa received. If the Group determines that the fair
nilai wajar pada pengakuan awal berbeda value at initial recognition differs from the
dengan harga transaksi dan nilai wajar tidak transaction price and the fair value is evidenced
dapat dibuktikan dengan harga kuotasian di neither by a quoted price in an active market for
pasar aktif untuk aset atau liabilitas yang identik an identical asset or liability nor based on a
atau berdasarkan teknik penilaian yang hanya valuation technique that uses only data from
menggunakan data dari pasar yang dapat observable markets, then the financial
diobservasi, maka nilai wajar instrumen instrument is initially measured at fair value,
keuangan pada saat pengakuan awal adjusted to defer the difference between the fair
disesuaikan untuk menangguhkan perbedaan value at initial recognition and the transaction
antara nilai wajar pada saat pengakuan awal price. Subsequently, that difference is
dan harga transaksi. Setelah pengakuan awal, recognized in profit or loss on an appropriate
perbedaan tersebut diakui dalam laba rugi basis over the life of the instrument but no later
berdasarkan umur dari instrumen tersebut than when the valuation is wholly supported by
namun tidak lebih lambat dari saat penilaian observable market data or the transaction is
tersebut didukung sepenuhnya oleh data pasar closed out.
yang dapat diobservasi atau saat transaksi
ditutup.
Jika aset atau liabilitas yang diukur pada nilai If an asset or a liability measured at fair value has
wajar memiliki harga penawaran dan harga a bid price and an ask price, then the Group
permintaan, maka Grup mengukur aset dan measures assets and liabilities at its mid price.
liabilitas berdasarkan harga tengahnya.
Kelompok aset keuangan dan liabilitas Portfolios of financial assets and financial
keuangan yang diukur pada nilai wajar, yang liabilities measured at fair value, that are
terekspos risiko pasar dan risiko kredit yang exposed to market risk and credit risk that are
dikelola oleh Grup berdasarkan eksposur managed by the Group on the basis of the net
netonya, baik terhadap risiko pasar ataupun exposure to either market or credit risk, are
risiko kredit, diukur berdasarkan harga yang measured on the basis of a price that would be
akan diterima untuk menjual posisi net long received to sell a net long position (or paid to
(atau dibayar untuk mengalihkan posisi net transfer a net short position) for a particular risk
short) untuk eksposur risiko tertentu. exposure. Those portfolio-level adjustments
Penyesuaian pada level kelompok tersebut are allocated to the individual assets and
dialokasikan pada aset dan liabilitas individual liabilities based on the relative risk adjustment
berdasarkan penyesuaian risiko relatif dari of each of the individual instruments in the
masing-masing instrumen individual di dalam portfolio.
kelompok.
al. Kombinasi bisnis al. Business combinations
Grup mencatat kombinasi bisnis menggunakan The Group accounts for business combinations
metode akuisisi. Dalam menentukan apakah under the acquisition method. In determining
serangkaian aktivitas dan aset merupakan whether a particular set of activities and assets
suatu bisnis, Grup menilai apakah serangkaian in a business, the Group assess whether the set
aktivitas dan aset yang diperoleh mencakup, of assets and activities acquired includes, at a
minimum, input dan proses substantif dan minimum, an input and substantive process and
apakah serangkaian aktivitas dan aset yang whether the acquired set has the ability to
diperoleh memiliki kemampuan menghasilkan produce outputs.
output.
85
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 521
Page 524
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
al. Kombinasi bisnis (lanjutan) al. Business combinations (continued)
Imbalan yang dialihkan dalam akuisisi The consideration transferred in the acquisition
umumnya diukur pada nilai wajar, begitu juga is generally measured at fair value, as are the
dengan aset neto teridentifikasi yang diperoleh. indentifiable net assets acquired. Any goodwill
Setiap goodwill yang timbul diuji penurunan that arises is tested annually for impairment.
nilainya setiap tahun. Keuntungan dari Any gain on a bargain purchase is recognized in
pembelian dengan diskon diakui langsung profit or loss immediately. Transaction costs are
dalam laba rugi. Biaya transaksi dibebankan expensed as incurred, except if related to the
saat terjadi, kecuali jika terkait dengan issue of debt or equity securities.
penerbitan efek utang atau ekuitas.
Imbalan yang dialihkan tidak termasuk jumlah The consideration transferred does not include
yang terkait dengan penyelesaian hubungan amounts related to the settlement of pre-existing
yang telah ada sebelumnya. Jumlah tersebut relationships. Such amounts are generally
umumnya diakui dalam laba rugi. recognized in profit or loss.
Grup mengukur goodwill pada tanggal akuisisi The Group measures goodwill at the acquisition
sebesar: date as:
- Nilai wajar dari imbalan yang dialihkan, - The fair value of the consideration
ditambah; transferred, plus;
- Jumlah setiap kepentingan - The recognized amount of any non-
nonpengendali pada pihak yang controlling interest in the acquiree, plus;
diakuisisi, ditambah;
- Untuk kombinasi bisnis yang dilakukan - If the business combination is achieved in
secara bertahap, nilai wajar pada tanggal stages, the fair value of the pre-existing
akuisisi dari kepentingan ekuitas yang equity interest in the acquiree, less;
sebelumnya dimiliki oleh pihak
pengakuisisi pada pihak yang diakuisisi,
dikurangi;
- Jumlah neto yang diakui (umumnya apda - The net recognized amount (generally fair
nilai wajar) dari aset teridentifikasi yang value) of the identifiable assets acquired
diperoleh dan liabilitas yang diambil alih. and liablity assumed.
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING JUDGMENTS
Sumber utama ketidakpastian estimasi Key sources of estimation uncertainty
Informasi mengenai asumsi dan ketidakpastian Information about the assumptions and estimation
estimasi dijelaskan di bawah ini dan pada catatan- uncertainties is set out below and in the following
catatan di bawah ini: notes:
• Catatan 15 – pengakuan dan pengukuran klaim • Note 15 – recognition and measurement of
pengembalian pajak: asumsi-asumsi claims for tax refund: likelihood of recoverable
kemungkinan atas jumlah yang dapat amount assumptions.
dikembalikan.
• Catatan 26 – pengukuran liabilitas imbalan • Note 26 – measurement of post-employment
pascakerja dan imbalan jangka panjang benefits liabilities and other long-term benefits:
lainnya: asumsi-asumsi aktuarial. actuarial assumptions.
86
522 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 525
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan assets
Bank Bank
Bank melakukan peninjauan kembali atas aset The Bank reviews their financial assets at
keuangan pada setiap tanggal pelaporan untuk reporting date to evaluate the allowance for
melakukan penilaian atas cadangan kerugian impairment losses. Management’s judgement is
penurunan nilai yang telah dicatat. applied in determining the level of allowance
Pertimbangan manajemen diperlukan dalam required.
menentukan tingkat cadangan yang
dibutuhkan.
Sesuai dengan PSAK 109, Bank mengestimasi In accordance with PSAK 109, the Bank
kerugian kredit ekspektasian (“KKE”) atas estimated the expected credit losses (“ECL”) on
pinjaman yang diberikan. Estimasi KKE loans. The ECL estimation involves use of
melibatkan penggunaan model dan asumsi models and assumptions which are the key
yang merupakan sumber utama ketidakpastian sources of estimation uncertainty.
dalam estimasi.
Penilaian risiko kredit dari portofolio aset The assessment of credit risk of an asset
memerlukan estimasi mengenai kemungkinan portfolio entails further estimations as to the
terjadinya gagal bayar, dari rasio kerugian yang likelihood of defaults occurring, of the
terkait dan korelasi gagal bayar antarpihak. associated loss ratios and of default correlations
Bank menggunakan model yang kompleks between counterparties. The Bank primarily
yaitu menggunakan matriks Probability of uses sophisticated models that utilize the
Default (PD), Loss Given Default (LGD) dan Probability of Default (PD), Loss Given Default
Exposure at Default (EAD), dan variabel (LGD) and Exposure at Default (EAD), and
makroekonomi untuk estimasi yang bersifat macroeconomic variables for forward looking
perkiraan masa depan, yang didiskontokan perspective, which are discounted using the
menggunakan suku bunga efektif, yang dapat effective interest rate, as described as follows:
dijelaskan sebagai berikut:
- PD merupakan kemungkinan pada suatu - PD represents the probability at a point in
waktu (point in time) dimana debitur time that debtor will default, calibrated over
mengalami gagal bayar, dikalibrasikan up to 12 months from the reporting date
sampai dengan periode 12 bulan dari (Stage 1) or over the lifetime of the asset
tanggal pelaporan (Tahap 1) atau (Stage 2) and incorporating the impact of
sepanjang umur aset (Tahap 2) dan forward looking economic assumptions that
memperhitungkan dampak asumsi have an effect on credit risk. PD is estimated
ekonomi masa depan yang memiliki at point in time that means it will fluctuate in
dampak terhadap risiko kredit. PD line with the economic cycle.
diestimasikan pada suatu waktu yang
berarti PD akan berfluktuasi sejalan dengan
siklus ekonomi.
87
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 523
Page 526
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
- LGD merupakan kerugian yang - LGD represents the loss that is expected to
diperkirakan akan timbul dari debitur yang arise on default, incorporating the impact of
gagal bayar dengan memperhitungkan forward looking economic assumptions
dampak dari asumsi ekonomi masa depan where relevant, which represents the
yang relevan, yaitu perbedaan antara arus difference between the contractual cash
kas kontraktual yang seharusnya diterima flows due and those that the Bank expects to
dengan arus kas yang diharapkan Bank receive. The Bank estimates LGD based on
untuk diterima. Bank mengestimasikan the history of recovery rates and considers
LGD berdasarkan data historis tingkat the recovery of any collateral that is integral
pemulihan dan memperhitungkan to the loans, taking into account forward
pemulihan yang berasal dari jaminan yang looking economic assumptions where
merupakan bagian yang tidak terpisah dari relevant.
pinjaman yang diberikan dengan
mempertimbangkan asumsi ekonomi di
masa depan yang relevan.
- EAD merupakan perkiraan nilai eksposur - EAD represents the expected exposure at
pada saat gagal bayar dengan the time of default, taking into account the
mempertimbangkan perubahan eksposur expected change in exposure over the
yang diharapkan selama masa eksposur. lifetime of the exposure. This incorporates
EAD memperhitungkan dampak penarikan the impact of drawdowns of committed
fasilitas kredit (committed) yang dilakukan, facilities, repayments of principals and
pembayaran pokok dan bunga, amortisasi interest, amortization and prepayments,
dan pembayaran dimuka, serta dampak together with the impact of forward looking
dari asumsi ekonomi di masa depan yang economic assumptions where relevant,
relevan, yang dipilih berdasarkan which are chosen based on the collation of
pengumpulan data makroekonomi yang macroeconomics data obtained from various
diperoleh dari berbagai sumber seperti, sources such as, but not limited to,
namun tidak terbatas pada, regulator, regulators, government as well as
pemerintah serta organisasi penelitian independent research organisation.
independen.
Variabel makroekonomi yang digunakan terdiri The macroeconomic variables used, among
dari tingkat pertumbuhan pendapatan domestik others, consisted of gross domestic product
bruto (PDB), tingkat inflasi, nilai valuta asing, (GDP) growth rate, inflation rate, foreign
tingkat bunga antarbank, dan tingkat exchange rates, interbank rate, and
pengangguran. Untuk perhitungan KKE pada unemployment rate. In the calculation of ECL as
tanggal 31 Desember 2025 dan 2024, Bank of 31 December 2025 and 2024, the Bank used
menggunakan variabel makroekonomi sebagai macroeconomic variables as follows:
berikut:
31 Desember/December 2025
Tingkat Nilai tukar
pertumbuhan Tingkat Rupiah per
PDB per Tingkat bunga 1 USD/
tahun/ inflasi per antarbank per Exchange Tingkat
GDP growth tahun/ tahun/ rate of pengangguran/
Skenario/ rate per Inflation rate Interbank rate Rupiah Unemployment
Scenario annum per annum per annum per 1 USD rate
Terbaik/Best 4.9% 2.4% 4.3% 15,592 4.8%
Dasar/Base 4.7% 2.5% 4.5% 16,413 5.1%
Terburuk/Worst 4.5% 2.6% 4.7% 17,234 5.4%
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524 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 527
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
31 Desember/December 2024
Tingkat Nilai tukar
pertumbuhan Tingkat Rupiah per
PDB per Tingkat bunga 1 USD/
tahun/ inflasi per antarbank per Exchange Tingkat
GDP growth tahun/ tahun/ rate of pengangguran/
Skenario/ rate per Inflation rate Interbank rate Rupiah Unemployment
Scenario annum per annum per annum per 1 USD rate
Terbaik/Best 5.3% 2.9% 4.8% 16,016 4.8%
Dasar/Base 5.0% 3.0% 5.0% 16,859 5.1%
Terburuk/Worst 4.8% 3.2% 5.3% 17,702 5.4%
Dalam menentukan probabilitas tertimbang In determining the probability weighted of each
dari skenario yang akan terjadi di masa depan, scenario that will occur in the future, the Bank has
Bank telah melakukan analisis berdasarkan conducted an analysis based on historical GDP
informasi historis PDB yang meliputi insiden information which includes the major incident that
besar yang terjadi pada rentang waktu happened in the last 44 years.
44 tahun terakhir.
Bank menerapkan tiga skenario makroekonomi The Bank applied the following three
berikut untuk mencerminkan jumlah yang tidak macroeconomic scenarios to reflect an unbiased
bias dan probabilitas tertimbang yang probability-weighted range of possible future
ditentukan dengan mengevaluasi serangkaian outcomes in estimating ECL:
hasil yang kemungkinan dapat terjadi dalam
mengestimasi KKE:
- Skenario Dasar: Skenario ini - Base scenario: This scenario reflects that
mencerminkan bahwa kondisi current macroeconomic condition continues to
makroekonomi saat ini terus berlanjut; dan prevail; and
- Skenario Terbaik dan Terburuk: Skenario - Best and Worst scenarios: These scenarios
ini ditetapkan relatif terhadap skenario are set relative to the base scenario; reflecting
dasar; mencerminkan kondisi best and worst case macroeconomic
makroekonomi terbaik dan terburuk conditions based on combination of statistical
berdasarkan kombinasi pendekatan approach and subject matter expert’s
statistik dan penilaian dari subject matter assessment from current economic conditions.
expert berdasarkan kondisi ekonomi saat
ini.
Permodelan dilakukan dengan Modelling is done by segmenting the credit
mengelompokkan portofolio kredit ke dalam portfolio into 8 categories for non-corporate loans
8 kategori untuk pinjaman non-korporasi dan and 1 category for corporate loans.
1 kategori untuk pinjaman korporasi.
Asumsi yang mendasari permodelan akan The assumptions underlying modelling is
dipantau dan ditinjau setiap tahun. Tidak ada monitored and reviewed on an annual basis.
perubahan signifikan dalam teknik estimasi There have been no significant changes on
yang dibuat selama periode pelaporan. estimation techniques made during the reporting
period.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 525
Page 528
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
Khusus untuk pinjaman korporasi dan mitra Specifically for corporate and certain material
bisnis tertentu yang material, ketika pinjaman business banking loans, when the loans have
yang diberikan mengalami penurunan nilai, been impaired, the allowance for credit losses is
cadangan kerugian kredit dihitung secara calculated individually. In individual assessment,
individu. Dalam penilaian individu, kondisi the specific debtors' conditions are evaluated
spesifik debitur dievaluasi secara individu individually based on management's best
berdasarkan estimasi terbaik manajemen atas estimate of the present value of the cash flows that
nilai kini arus kas yang diharapkan akan are expected to be received. Evaluation over the
diterima. Evaluasi penilaian individu atas arus individual assessment is determined based on
kas yang diharapkan akan diterima ditentukan probability weighted of multiple scenarios.
berdasarkan probabilitas tertimbang beberapa
skenario.
Dalam mengestimasi arus kas tersebut, Probability-weighted estimation is performed by
manajemen membuat pertimbangan mengenai taking into account weighting for each scenario
situasi keuangan debitur dan nilai realisasi and uses minimum of 2 (two) scenarios to reflect
bersih dari setiap agunan yang ada. Setiap at least normal scenario and worst scenario. In
aset yang mengalami penurunan nilai dinilai estimating these cash flows, management makes
sesuai dengan keadaan dan strategi judgments about the debtors' financial situation
penyelesaian masing-masing. Estimasi arus and the net realizable value of any underlying
kas ekspektasian dari skenario-skenario collateral. Each impaired asset is assessed on its
estimasi disetujui secara independen oleh merits and the workout strategy. The estimated
Business Risk masing-masing segmen bisnis. expected cash flows from estimation scenarios
are independently approved by the Business Risk
from each business segment.
Entitas Anak Subsidiary
PT BANK BTPN SYARIAH Tbk PT BANK BTPN SYARIAH Tbk
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances
meliputi kerugian kredit yang melekat dalam cover credit losses inherent in portfolios of the
portofolio piutang murabahah BTPNS. Dalam murabahah receivables of BTPNS. In assessing
menilai kebutuhan untuk cadangan penurunan the need for collective impairment allowances,
nilai kolektif, manajemen mempertimbangkan management considers factors such as financing
faktor-faktor seperti kualitas pembiayaan, quality, characteristic of products and whether the
karakteristik produk dan apakah pembiayaan financing has been restructured.
tersebut telah direstrukturisasi.
Dalam mengestimasi cadangan yang In order to estimate the required allowance,
diperlukan, asumsi-asumsi dibuat untuk assumptions are made to define the way inherent
menentukan model kerugian bawaan dan losses are modeled and to determine the required
untuk menentukan parameter input yang input parameters, based on historical experience
diperlukan, berdasarkan pengalaman historis and current economic conditions. The accuracy of
dan kondisi ekonomi saat ini. Ketepatan dari the calculated allowances depends on how well
cadangan yang dihitung ini tergantung pada the estimates and assumptions on the model and
seberapa tepat estimasi dan asumsi pada parameters used in determining collective
model dan parameter yang digunakan dalam allowances.
menentukan cadangan kolektif.
Basis evaluasi atas cadangan kerugian Basis of evaluation of impairment for financial
penurunan nilai aset keuangan dan piutang assets and murabahah receivables is described in
murabahah dijelaskan pada Catatan 2i. Note 2i.
90
526 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 529
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
PT Oto Multiartha dan PT Summit Oto PT Oto Multiartha and PT Summit Oto Finance
Finance
Peningkatan risiko kredit yang signifikan Significant increase in credit risk
Dalam pengukuran KKE, pertimbangan In the measurement of ECL, judgment is involved
diperlukan dalam penerapan aturan untuk in setting the rules to determine whether there
menentukan apakah telah terdapat peningkatan has been a significant increase in credit risk
signifikan atas risiko kredit (SICR) sejak (SICR) since initial recognition of a loan, resulting
pengakuan awal atas pinjaman yang diberikan, the financial asset moving from "Stage 1” to
yang mengakibatkan aset keuangan berpindah “Stage 2”. In determining what constitutes SICR,
dari “Tahap 1” ke “Tahap 2”. Dalam menentukan OTO and SOF use 30 days or more past due
apa yang merupakan SICR, OTO dan SOF information and recognizes lifetime expected
menggunakan informasi tunggakan 30 hari atau credit losses. This is a key area of judgment as
lebih untuk mengakui kerugian kredit transition from Stage 1 and Stage 2 increases
ekspektasian sepanjang umurnya. Ini the ECL calculation from an allowance based on
merupakan hal yang utama dalam the probability of default in the next 12 months,
pertimbangan karena perpindahan dari Tahap 1 to an allowance for lifetime expected credit
dan Tahap 2 meningkatkan perhitungan KKE losses. Subsequent decreases in credit risk
atas penyisihan berdasarkan probability of combined with transition from Stage 2 to Stage 1
default dalam 12 bulan mendatang, menjadi may simillarly result in significant changes in the
cadangan kerugian kredit ekspektasian ECL allowance. OTO and SOF monitor the
sepanjang umur. Penurunan selanjutnya atas effectiveness of SICR criteria on an ongoing
risiko kredit yang digabungkan dengan basis.
perpindahan dari Tahap 2 ke Tahap 1 mungkin
akan memberikan hasil yang sama atas
perubahan signifikan dalam penyisihan KKE.
OTO dan SOF memantau efektivitas kriteria
SICR secara berkelanjutan.
Informasi forward looking Forward looking information
Pengukuran kerugian kredit ekspektasian The measurement of expected credit losses
mencerminkan jumlah rata-rata probabilitas reflects an unbiased probability-weighted range
tertimbang yang tidak bias dari rentang hasil of possible future outcomes.
akhir masa depan yang mungkin terjadi.
Dalam menetapkan informasi forward looking In applying forward looking information in OTO
dalam model PSAK 109 OTO dan SOF and SOF’s PSAK 109 credit models, OTO and
menggunakan variabel makroekonomi dalam SOF use macroeconomics variables. The
menentukan KKE. Variabel makroekonomi yang macroeconomic variables used by OTO as of
digunakan OTO pada tanggal 31 Desember 31 December 2025 are Gross Domestic
2025 adalah pertumbuhan Pendapatan Bruto Products (GDP) growth and Brent crude oil price
Nasional (PDB) dan harga minyak mentah Brent (2024: GDP and unemployment rate). The
(2024: PDB dan tingkat pengangguran). macroeconomic variables used by SOF as of
Variabel makroekonomi yang digunakan SOF 31 December 2025 and 31 December 2024 are
pada tanggal 31 Desember 2025 dan Gross Domestic Products (GDP) growth and
31 Desember 2024 adalah pertumbuhan unemployment rate.
Pendapatan Bruto Nasional (PDB) dan tingkat
pengangguran.
Dalam menentukan probabilitas tertimbang dari In determining the probability weighted of each
skenario yang akan terjadi di masa depan, OTO scenario that will occur in the future, OTO has
telah melakukan analisis berdasarkan informasi conducted an analysis based on historical GDP
historis PDB dan harga minyak mentah Brent and Brent crude oil price information, while SOF
serta SOF telah melakukan analisis has conducted an analysis based on historical
berdasarkan informasi historis PDB dan tingkat GDP and unemployment rate information which
pengangguran yang meliputi insiden besar yang includes the major incidents that happened in the
terjadi pada rentang waktu 5 tahun terakhir. last 5 years.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 527
Page 530
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty
(continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
PT Oto Multiartha dan PT Summit Oto PT Oto Multiartha and PT Summit Oto Finance
Finance (lanjutan) (continued)
OTO dan SOF menerapkan tiga skenario OTO dan SOF applied the following three
makroekonomi berikut untuk mencerminkan macroeconomic scenarios to reflect an
jumlah yang tidak bias dan probabilitas unbiased probability-weighted range of possible
tertimbang yang ditentukan dengan future outcomes in estimating ECL:
mengevaluasi serangkaian hasil yang
kemungkinan dapat terjadi dalam mengestimasi
KKE:
- Skenario dasar: Skenario ini mencerminkan - Base scenario: This scenario reflects that
bahwa kondisi makroekonomi saat ini terus current macroeconomic condition continue
berlanjut; dan to prevail; and
- Skenario optimistik dan pesimistik: Skenario - Optimistic and pessimistic scenarios: These
ini ditetapkan relatif terhadap skenario scenarios are set relative to the base
dasar; mencerminkan kondisi scenario; reflecting best and worst case
makroekonomi terbaik dan terburuk macroeconomic conditions based on
berdasarkan kombinasi pendekatan statistik combination of statistical approach and
dan penilaian dari subject matter expert subject matter expert’s assessment from
berdasarkan kondisi ekonomi saat ini. current economic conditions.
Pada tanggal 31 Desember 2025, probabilitas As of 31 December 2025, probability-weighting
tertimbang skenario dasar adalah sebesar 40% for base scenario is 40% (2024: 40%), optimistic
(2024: 40%), skenario optimis sebesar 10% scenario 10% (2024: 10%) and pessimistic
(2024: 10%) dan skenario pesimis sebesar scenario 50% (2024: 50%). The assumptions
50% (2024: 50%). Asumsi yang mendasari underlying the ECL calculation are monitored
perhitungan ECL akan dipantau dan ditinjau and reviewed on annual basis. Management has
setiap tahun. Manajemen telah melakukan performed a sensitivity analysis and the
analisis sensitivitas dengan hasil tidak ada assessment do not result a material impact to the
dampak material pada laporan keuangan Subsidiaries’ financial statement.
Entitas Anak.
Pada tanggal 31 Desember 2025, terdapat As at 31 December 2025, there were changes in
perubahan estimasi yang terjadi dalam estimates in determining the days past due to
penentuan hari jatuh tempo atas piutang reflect declining recovery performance for
pembiayaan konsumen untuk menyesuaikan restructured contracts and incorporate
penurunan pemulihan atas kontrak-kontrak adjustments established for restructured
yang direstrukturisasi serta penyesuaian yang contracts with days past due more than 180
dibentuk atas kontrak-kontrak yang days.
direstrukturisasi dengan hari jatuh tempo lebih
dari 180 hari.
Jika memungkinkan, penyesuaian dapat Where applicable, adjustments may be made to
dilakukan untuk situasi dimana risiko yang account for situations where known or expected
diketahui atau yang diharapkan belum risks have not been adequately addressed in the
ditangani secara memadai dalam proses modelling process. Risk Management Division is
permodelan. Divisi Manajemen Risiko responsible for recommending such
bertanggungjawab untuk mengusulkan adjustments.
penyesuaian tersebut.
Tingkat keseluruhan kerugian kredit The overall level of expected credit losses and
ekspektasian dan area pertimbangan areas of significant management judgement will
manajemen yang signifikan akan dilaporkan be reported to and oversighted by the
kepada, dan diawasi oleh Komite Pemantau Subsidiaries’ Risk Monitoring Committee.
Risiko Entitas Anak.
Asumsi yang mendasari pemodelan akan The assumptions underlying modelling is
dipantau dan ditinjau setiap tahun. Tidak ada monitored and reviewed on an annual basis.
perubahan signifikan dalam teknik estimasi There have been no significant changes on
yang dibuat selama periode pelaporan. estimation techniques made during the reporting
period.
92
528 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 531
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty
(continued)
• Penentuan nilai wajar • • Determining fair values
Dalam menentukan nilai wajar atas aset The determination of fair value for financial assets
keuangan dan liabilitas keuangan dimana tidak and financial liabilities for which there is no
terdapat harga pasar yang dapat diobservasi, observable market price, the Group has to use
Grup harus menggunakan teknik penilaian valuation techniques as described in Note 2h. For
seperti dijelaskan pada Catatan 2h. Untuk financial instruments that trade infrequently and
instrumen keuangan yang jarang have little price transparency, fair value is less
diperdagangkan dan tidak memiliki harga yang objective, and therefore, it requires varying
transparan, nilai wajarnya menjadi kurang degrees of judgment depending on liquidity,
obyektif dan karenanya, membutuhkan tingkat concentration, uncertainty of market factors,
pertimbangan yang beragam, tergantung pada pricing assumptions and other risks affecting the
likuiditas, konsentrasi, ketidakpastian faktor specific instrument.
pasar, asumsi penentuan harga, dan risiko
lainnya yang mempengaruhi instrumen
tersebut.
• Nilai wajar atas instrumen keuangan • • Fair value of financial instruments
Kebijakan akuntansi Grup untuk pengukuran The Group’s accounting policy on fair value
nilai wajar dibahas di Catatan 2h. measurements is discussed in Note 2h.
Informasi mengenai penentuan nilai wajar dari Information about the determination of fair value of
instrumen keuangan diungkapkan pada financial instruments is disclosed in Note 45.
Catatan 45.
• Klasifikasi aset dan liabilitas keuangan serta • • Financial assets and liabilities as well as sharia
efek-efek syariah securities classification
Kebijakan akuntansi Grup memberikan pilihan The Group’s accounting policies provides choices
untuk mengklasifikasikan aset dan liabilitas to classify financial assets and liabilities into
keuangan ke dalam berbagai kategori pada different categories at initial recognition based on
saat pengakuan awal berdasarkan kondisi certain circumstances requiring management’s
tertentu yang membutuhkan pertimbangan judgement.
manajemen.
Dalam menentukan klasifikasi aset dan In determining the classification of financial assets
liabilitas keuangan, Bank telah menetapkan and liabilities, the Bank has determined that
bahwa aset dan liabilitas keuangan telah financial assets and liabilities have already met
memenuhi persyaratan klasifikasi the requirements of such classification as set out
sebagaimana dijabarkan dalam Catatan 2h. in Note 2h.
Dalam mengklasifikasikan investasi pada efek- In classifying investment in sharia securities as
efek syariah sebagai ”diukur pada biaya “measured at acquisition cost” and “measured at
perolehan” dan ”diukur pada nilai wajar melalui fair value through other comprehensive income”,
penghasilan komprehensif lain”, Entitas Anak the Subsidiary has determined that the investment
telah menetapkan bahwa investasi tersebut in sharia securities have already met the
telah memenuhi persyaratan klasifikasi requirements of such classification as set out in
sebagaimana dijabarkan dalam Catatan 2l. Note 2l.
• Sewa • Leases
Penentuan apakah suatu perjanjian Determining whether an arrangement is or
mengandung unsur sewa membutuhkan contains a lease requires careful judgement to
pertimbangan yang cermat untuk menilai assess whether the arrangement conveys a right
apakah perjanjian tersebut memberikan hak to obtain substantially all the economic benefits
untuk mendapatkan secara substansial seluruh from use of the asset throughout the period of use
manfaat ekonomi dari penggunaan aset and right to direct the use of the asset, even if the
identifikasian dan hak untuk mengarahkan right is not explicitly specified in the arrangement.
penggunaan aset identifikasian, bahkan jika
hak tersebut tidak dijabarkan secara eksplisit di
perjanjian.
Karena Grup tidak dapat dengan mudah Since the Group could not readily determine the
menentukan suku bunga implisit, manajemen implicit rate, management uses the Group's
menggunakan suku bunga pinjaman incremental borrowing rate as a discount rate.
inkremental Grup sebagai tingkat diskonto.
93
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 529
Page 532
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Sewa (lanjutan) • Leases (continued)
Ada beberapa faktor yang perlu There are several factors to consider in
dipertimbangkan dalam menentukan suku determining an incremental borrowing rate, many
bunga pinjaman inkremental, yang banyak di of which need judgement in order to be able to
antaranya memerlukan pertimbangan untuk reliably quantify any necessary adjustments to
dapat secara andal mengukur penyesuaian arrive at the final discount rates.
yang diperlukan untuk sampai pada tingkat
diskonto akhir.
Dalam menentukan suku bunga pinjaman In determining incremental borrowing rate, the
inkremental, Grup mempertimbangkan faktor- Group considers the following main factors; the
faktor utama sebagai berikut; risiko kredit Grup, Group’s credit risk, the lease term, the lease
jangka waktu sewa, jangka waktu pembayaran payment term, the economic environment, the
sewa, lingkungan ekonomi, waktu di mana time at which the lease is entered, and the
sewa dimasukkan, dan mata uang di mana currency in which the lease payments are
pembayaran sewa ditentukan. denominated.
Dalam menentukan jangka waktu sewa, Grup In determining the lease term, the Group
mempertimbangkan semua fakta dan keadaan considers all facts and circumstances that create
yang menimbulkan insentif ekonomi untuk an economic incentive to exercise an extension
menggunakan opsi perpanjangan, atau tidak option or not exercise a termination option.
menggunakan opsi penghentian. Opsi Extension options (or periods after termination
perpanjangan (atau periode setelah opsi options) are only included in the lease term if the
penghentian kontrak kerja) hanya dimasukkan lease is reasonably certain to be extended (or not
dalam jangka waktu sewa jika sewa cukup pasti terminated).
akan diperpanjang (atau tidak dihentikan).
• Pengujian penurunan nilai untuk Entitas Anak • Impairment testing for Subsidiaries containing
yang mengandung goodwill goodwill
Entitas Anak yang dilakukan pengujian dalam Subsidiaries tested for the impairment testing are
penurunan nilai adalah OTO dan SOF. OTO and SOF.
Pendekatan yang digunakan dalam pengujian The approach used for impairment testing is
penurunan nilai adalah pendekatan income approach – discounted cash flow with
pendapatan – arus kas yang didiskonto dengan projection period used is 5 years, started from
periode proyeksi yang digunakan adalah 2026 until 2030.
5 tahun, dimulai sejak 2026 sampai dengan
2030.
Asumsi ekonomi makro yang digunakan Macroeconomics assumptions used based on
berdasarkan Economist Intelligent Unit (”EIU”) Economist Intelligent Unit (”EIU”), along with other
dengan asumsi lainnya sebagai berikut general assumptions as follows:
2026F 2027F 2028F 2029F 2030F
Tingkat inflasi 2.7% 2.7% 2.9% 3.3% 3.0% Inflation rate
Pajak penghasilan badan 25% Corporate income tax
Periode kompensasi rugi fiskal 5 tahun/years Tax loss carry forward period
Pajak penghasilan badan yang digunakan Corporate income tax used amounted to 25% to
sebesar 25% agar menjaga pendekatan yang maintain a conservative approach.
konservatif.
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Page 533
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Pengujian penurunan nilai untuk Entitas Anak • Impairment testing for Subsidiaries containing
yang mengandung goodwill (lanjutan) goodwill (continued)
Asumsi lainnya yang digunakan dalam The other assumptions used in impairment
pengujian penurunan nilai adalah sebagai testing were as follows:
berikut:
OTO SOF
Rasio permodalan (periode perkiraan) 12.0% 12.0% Capital ratio (forecast period)
Rasio permodalan (periode terminal) 13.0% 13.0% Capital ratio (terminal period)
Aset tertimbang risiko 70.4% 72.9% Risk adjusted asset
Tingkat pertumbuhan terminal 2.0% 2.0% Terminal growth rate
Tingkat diskonto 11.0% - 12.5% 11.0% - 14.5% Discount rate
Rasio permodalan sebesar 10% sesuai dengan Capital ratio amounted to 10% is in accordance
Surat Edaran Otoritas Jasa Keuangan with Cirlcular Letter (“SEOJK”) of No. 1 Tear
(”SEOJK”) No. 1 Tahun 2016 dan Peraturan 2016 and Financial Service Authority (“FSA”)
Otoritas Jasa Keuangan (”OJK”) No 35 Tahun Regulation No. 35 Year 2018.
2018.
Aset tertimbang risiko merupakan aset Entitas Risk adjusted asset is the Subsidiaries’ asset
Anak dikalikan dengan risiko tertimbang multiplied by the risk weighting set by the
menurut OJK dalam SEOJK No. Indonesian FSA in SEOJK No.
1/SEOJK.05/2016. 1/SEOJK.05/2016.
Tingkat pertumbuhan terminal diasumsikan Terminal growth rate is assumed for the terminal
untuk tahun terminal berdasarkan rata-rata year based on the average long-term inflation
perkiraan inflasi jangka panjang untuk forecast for Indonesia published by Bank
Indonesia yang dipublikasikan oleh Bank Indonesia, EIU and International Monetary Fund
Indonesia, EIU dan International Monetary (”IMF”)
Fund (”IMF”).
Tingkat diskonto berdasarkan biaya ekuitas, The discount rate is based on the cost of equity,
menggunakan rata-rata 10-15 tahun atas using the average of 10-15 years interest rate of
tingkat suku bunga surat utang negara dalam government bonds in Rupiah as the risk-free
Rupiah sebagai tingkat bebas risiko sebesar rate amounted 6.3%
6,3%
Estimasi nilai valuasi OTO dan SOF melebihi The estimated value of OTO and SOF is above
jumlah tercatatnya, sehingga tidak terdapat the carrying amount, so there is no impairment
penurunan nilai atas goodwill. of the goodwill.
Goodwill terutama berkaitan dengan sinergi Goodwill is attributable mainly to synergies
yang diharapkan dari integrasi bisnis yang expected from integrating the business acquired
diakuisisi ke dalam bisnis Grup yang ada. into the Group’s existing business. The goodwill
Goodwill yang diakui tidak diharapkan dapat recognized is not expected to be deductible for
dikurangkan untuk tujuan perpajakan. tax purposes.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 531
Page 534
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
4. KAS 4. CASH
31 Desember/December
2025 2024
Rupiah 1,222,608 1,351,013 Rupiah
Dolar Amerika Serikat 20,510 25,378 United States Dollar
Yen Jepang 2,626 1,905 Japanese Yen
Dolar Singapura 798 1,351 Singapore Dollar
1,246,542 1,379,647
Saldo dalam mata uang Rupiah termasuk uang pada The Rupiah balance includes cash in ATMs
mesin ATM (Anjungan Tunai Mandiri) pada tanggal (Automatic Teller Machines) as of 31 December
31 Desember 2025 dan 2024 masing-masing 2025 and 2024 amounting to Rp 56,433 and
sebesar Rp 56.433 dan Rp 73.908. Rp 73,908, respectively.
Pada tanggal 31 Desember 2025 dan 2024, kas telah As of 31 December 2025 and 2024, cash has been
diasuransikan kepada perusahaan asuransi pihak insured by the third-party insurance companies
ketiga (disajikan sebesar nilai pertanggungan): (presented at sum insured):
31 Desember/December
2025 2024
PT Asuransi Sinarmas 3,830,573 3,541,664 PT Asuransi Sinarmas
PT Zurich General Takaful Indonesia 832,650 812,500 PT Zurich General Takaful Indonesia
PT Asuransi MSIG Indonesia 512,850 661,875 PT Asuransi MSIG Indonesia
Jumlah 5,176,073 5,016,039 Total
Grup berpendapat bahwa nilai pertanggungan The Group believes that the insurance coverage is
asuransi cukup untuk menutup kemungkinan adequate to cover possible losses arising from the
kerugian dari aset tersebut. assets.
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
31 Desember/December
2025 2024
Rupiah 5,389,259 7,057,619 Rupiah
Dolar Amerika Serikat 2,526,204 2,385,842 United States Dollar
7,915,463 9,443,461
Termasuk dalam saldo giro pada Bank Indonesia Included in the balance of current accounts with
adalah giro berdasarkan prinsip syariah dengan akad Bank Indonesia are current accounts based on
wadiah masing-masing sebesar Rp 205.731 dan sharia principles under wadiah contract amounting to
Rp 669.329 pada tanggal 31 Desember 2025 dan Rp 205,731 and Rp 669,329 as of 31 December
2024. 2025 and 2024, respectively.
Giro Wajib Minimum (GWM) Bank sesuai dengan Minimum Statutory Reserves (GWM) Bank in
Peraturan Bank Indonesia dan Peraturan Anggota accordance with Bank Indonesia (BI) Regulation and
Dewan Gubernur (PADG) diungkapkan pada Regulation of Members of the Board of Governors
Catatan 49. (PADG) was disclosed in Note 49.
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532 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 535
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. GIRO PADA BANK-BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan mata uang a. By currency
31 Desember/December
2025 2024
Rupiah 260,921) 325,884) Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 503,632) 210,159) United States Dollar
Yen Jepang 275,341) 202,300) Japanese Yen
Dolar Singapura 86,827) 110,267) Singapore Dollar
Poundsterling Inggris 48,795) 31,681) British Poundsterling
Dolar Australia 33,223) 32,654) Australian Dollar
Baht Thailand 32,645) 18,460) Thailand Baht
Yuan China 26,812) 49,087) China Yuan
Euro Eropa 24,280) 42,530) European Euro
Dolar Hong Kong 9,411) 10,482) Hong Kong Dollar
Mata uang asing lainnya 5,065) 1,497) Other foreign currencies
1,046,031) 709,117)
Cadangan kerugian penurunan nilai (81) (37) Allowance for impairment losses
1,306,871) 1,034,964)
b. Berdasarkan hubungan dengan pihak lawan b. By relationship with counterparties
31 Desember/December
2025 2024
Pihak ketiga Third parties
Rupiah 260,921) 325,884) Rupiah
Mata uang asing 456,594) 183,325) Foreign currencies
717,515) 509,209)
Pihak berelasi Related party
Mata uang asing 589,437) 525,792) Foreign currencies
Cadangan kerugian penurunan nilai (81) (37) Allowance for impairment losses
1,306,871) 1,034,964)
c. Berdasarkan pihak lawan c. By counterparties
31 Desember/December
2025 2024
Pihak ketiga Third parties
Wells Fargo Bank N.A., New York 338,805) 67,493) Wells Fargo Bank N.A., New York
PT Bank Permata Tbk 171,252) 155,577) PT Bank Permata Tbk
PT Bank Central Asia Tbk 80,444) 58,175) PT Bank Central Asia Tbk
National Australia Bank Limited, National Australia Bank Limited,
Melbourne 33,223) 32,654) Melbourne
Citibank N.A., New York 24,712) 29,534) Citibank N.A., New York
PT Bank Mandiri (Persero) Tbk 23,653) 17,807) PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 14,736) 7,602) (Persero) Tbk
PT Bank Maybank Indonesia Tbk 5,016) 7,798) PT Bank Maybank Indonesia Tbk
PT Bank CIMB Niaga Tbk 3,942) 4,725) PT Bank CIMB Niaga Tbk
PT Bank Sinarmas Tbk 3,698) 5,562) PT Bank Sinarmas Tbk
PT Bank DBS Indonesia 3,152) 109,282) PT Bank DBS Indonesia
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 2,870) 2,387) (Persero) Tbk
PT Bank Mizuho Indonesia 2,607) 4,023) PT Bank Mizuho Indonesia
Deutsche Bank AG - Cabang Deutsche Bank AG -
Indonesia 2,076) 322) Indonesia Branch
Lain-lain 7,329) 6,268) Others
717,515) 509,209)
Pihak berelasi Related party
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 589,437) 525,792) Corporation
Cadangan kerugian penurunan nilai (81) (37) Allowance for impairment losses
1,306,871) 1,034,964)
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 533
Page 536
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. GIRO PADA BANK-BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
Giro pada bank-bank lain berdasarkan kolektibilitas Current accounts with other banks based on OJK
OJK diungkapkan pada Catatan 49. collectability was disclosed in Note 49.
Tidak terdapat saldo giro pada bank-bank lain yang There were no current accounts with other banks
diblokir atau digunakan sebagai agunan untuk which were blocked or used as collateral for years
tahun-tahun yang berakhir pada tanggal ended 31 December 2025 and 2024.
31 Desember 2025 dan 2024.
Tingkat suku bunga rata-rata per tahun atas giro The average interest rates per annum of current
pada bank-bank lain untuk tahun-tahun yang accounts with other banks for years ended
berakhir pada tanggal 31 Desember 2025 dan 2024 31 December 2025 and 2024 were as follows:
adalah sebagai berikut:
31 Desember/December
2025 2024
Rupiah 3.11% 3.80% Rupiah
Mata uang asing 0.37% 0.71% Foreign currencies
Perubahan dalam cadangan kerugian penurunan The movement of the allowance for impairment
nilai adalah sebagai berikut: losses was as follows:
31 Desember/December
2025 2024
Saldo awal (37) (158) Beginning balance
(Penyisihan) pemulihan selama (Provision) reversal during the
periode/tahun berjalan (Catatan 38) (40) 124) period/year (Note 38)
Lainnya (4) (3) Others
Saldo akhir (81) (37) Ending balance
Manajemen berpendapat bahwa cadangan kerugian Management believes that the allowance for
penurunan nilai yang dibentuk cukup untuk menutup impairment losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai atas losses for current accounts with other banks as of
giro pada bank-bank lain pada tanggal 31 December 2025 and 2024.
31 Desember 2025 dan 2024.
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Page 537
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN OTHER BANKS
Pada tanggal 31 Desember 2025 dan 2024, seluruh As of 31 December 2025 and 2024, all placements
penempatan pada Bank Indonesia dan bank-bank with Bank Indonesia and other banks were placed at
lain ditempatkan pada pihak ketiga. third parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2025 2024
Rupiah 13,938,410) 8,719,240) Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 983,825) 3,975,465) United States Dollar
Pendapatan bunga/marjin yang
masih akan diterima 661) 1,033) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (69) (582) Allowance for impairment losses
14,922,827) 12,695,156)
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, total
jumlah penempatan pada Bank Indonesia dan placements with Bank Indonesia and other
bank-bank lain yang digolongkan sebagai banks that were classified as cash equivalents
setara kas adalah masing-masing sebesar amounted to Rp 14,922,235 and
Rp 14.922.235 dan Rp 12.694.705. Rp 12,694,705, respectively.
b. Berdasarkan jenis b. By type
31 Desember/December
2025 2024
Fasilitas Simpanan Bank Indonesia
(“FASBI”) dan Fasilitas Simpanan
Bank Indonesia Syariah Bank Indonesia’s Deposit Facilities
(“FASBIS”), bersih setelah (“FASBI”) and Bank Indonesia
dikurangi dengan diskonto yang Sharia’s Deposit Facility (“FASBIS”),
belum diamortisasi 11,531,510) 6,212,240) net of unamortized discount
Deposito berjangka dan deposito Time deposits and mudharabah
mudharabah 1,240,725) 4,222,465) time deposits
Call money 2,150,000) 2,260,000) Call money
14,922,235) 12,694,705)
Pendapatan bunga/marjin yang
masih akan diterima 661) 1,033) Accrued interest/margin income
Cadangan kerugian penurunan nilai (69) (582) Allowance for impairment losses
14,922,827) 12,695,156)
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 535
Page 538
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN (lanjutan) OTHER BANKS (continued)
c. Berdasarkan pihak lawan c. By counterparties
31 Desember/December
2025 2024
Deposito berjangka dan Time deposits and mudharabah
deposito mudharabah: time deposits:
Bank Indonesia 983,825) 3,975,465) Bank Indonesia
PT Bank Aceh Syariah 87,000) -) PT Bank Aceh Syariah
PT Bank Muamalat PT Bank Muamalat
Indonesia Tbk 74,400) 100,500) Indonesia Tbk
PT Bank Mega Syariah 72,500) 47,000) PT Bank Mega Syariah
PT Bank Syariah Indonesia Tbk -) 80,000) PT Bank Syariah Indonesia Tbk
Lainnya 23,000) 19,500) Others
1,240,725) 4,222,465)
Fasilitas Simpanan Bank Bank Indonesia’s Deposit
Indonesia (“FASBI”) dan Facilities (“FASBI”) and Bank
Fasilitas Simpanan Bank Indonesia Sharia’s Deposit
Indonesia Syariah Facility (“FASBIS”):
(“FASBIS”):
Bank Indonesia - bersih setelah
dikurangi dengan diskonto Bank Indonesia - net of unamortized
yang belum diamortisasi 11,531,510) 6,212,240) discount
Call money: Call money:
PT Bank UOB Indonesia 400,000) 400,000) PT Bank UOB Indonesia
PT Bank Mega Tbk 400,000) -) PT Bank Mega Tbk
PT Bank Pan Indonesia Tbk 400,000) -) PT Bank Pan Indonesia Tbk
PT Bank Danamon Tbk 200,000) 200,000) PT Bank Danamon Tbk
PT Bank HSBC Indonesia 250,000) 250,000) PT Bank HSBC Indonesia
PT Bank OCBC NISP Tbk 275,000) 250,000) PT Bank OCBC NISP Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk -) 400,000) (Persero) Tbk
PT Bank KEB Hana Indonesia -) 200,000) PT Bank KEB Hana Indonesia
Lainnya 225,000) 560,000) Others
2,150,000) 2,260,000)
14,922,235) 12,694,705)
Pendapatan bunga/marjin yang
masih akan diterima 661) 1,033) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (69) (582) Allowance for impairment losses
14,922,827) 12,695,156)
d. Berdasarkan jangka waktu d. By time period
31 Desember/December
2025 2024
Hingga 1 bulan 14,665,335) 12,447,705) Up to 1 month
Lebih dari 1 - 3 bulan 256,900) 247,000) More than 1 - 3 months
14,922,235) 12,694,705)
Pendapatan bunga/marjin yang
masih akan diterima 661) 1,033) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (69) (582) Allowance for impairment losses
14,922,827) 12,695,156)
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536 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN (lanjutan) OTHER BANKS (continued)
e. Berdasarkan sisa periode sampai dengan e. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
f. Tingkat suku bunga f. Interest rate
Tingkat suku bunga rata-rata per tahun atas The average interest rates per annum of
penempatan pada Bank Indonesia dan bank- placements with Bank Indonesia and other
bank lain untuk tahun-tahun yang berakhir pada banks for the years ended
tanggal 31 Desember 2025 dan 2024 adalah 31 December 2025 and 2024 were as follows:
sebagai berikut:
31 Desember/December
2025 2024
Rupiah 4.67% 5.61% Rupiah
Mata uang asing 4.12% 5.16% Foreign currencies
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai adalah sebagai berikut: losses was as follows:
31 Desember/December
2025 2024
Saldo awal (582) -) Beginning balance
Pemulihan (penyisihan) selama Reversal (provision) during the year
tahun berjalan (Catatan 38) 513) (582) (Note 38)
Saldo akhir (69) (582) Ending balance
Manajemen berpendapat bahwa cadangan Management believes that allowance for
kerugian penurunan nilai cukup untuk menutup impairment losses was adequate to cover
kemungkinan kerugian akibat penurunan nilai impairment losses for placement with Bank
atas penempatan pada Bank Indonesia dan Indonesia and other banks as of 31 December
bank-bank lain pada tanggal 31 Desember 2025 and 2024.
2025 dan 2024.
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2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 537
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK 8. SECURITIES
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer
31 Desember/December 2025
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortized Nilai tercatat/
Nilai nominal/ Unrealized premium Carrying
Nominal value gains (losses) (discount) amount
Rupiah
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 1,293,545) (22,275) -) 1,271,270)
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 112,848) 1,696) -) 114,544)
1,406,393) (20,579) -) 1,385,814)
Diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Measured at fair value through other
comprehensive income
Obligasi pemerintah/Government bonds 13,937,477) 57,663) (47,557) 13,947,583)
Reksa dana syariah/Sharia mutual funds 295,000) 392) -) 295,392)
14,232,477) 58,055) (47,557) 14,242,975)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 203,246) -)) (2,558) 200,688)
203,246) -)) (2,558) 200,688)
Diukur pada biaya perolehan/
Measured at acquisition cost
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 6,716,514) -)) 56,526) 6,773,040)
Sukuk Bank Indonesia/Bank Indonesia
sukuk 1,397,152) -)) -) 1,397,152)
Reksa dana syariah/Sharia mutual funds 651,000) -)) -) 651,000)
Sertifikat Investasi Mudharabah Antarbank
(SIMA)/Certificate of Interbank
Mudharabah Investment (SIMA) 465,000) -)) -) 465,000)
Sukuk korporasi/Corporate sukuk 307,000) -)) 15) 307,015)
9,536,666) -)) 56,541) 9,593,207)
)
25,378,782) 37,476) 6,426) 25,422,684)
Mata uang asing/Foreign currency
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 41,138) 391) -) 41,529)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 222,652) -) (2,349) 220,303)
263,790) 391) (2,349) 261,832)
Jumlah/Total 25,684,516)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued interest/margin
income 250,428)
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (71)
Jumlah/Total 25,934,873)
102
538 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 541
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
31 Desember/December 2024
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortized Nilai tercatat/
Nilai nominal/ Unrealized premium Carrying
Nominal value gains (losses) (discount) amount
Rupiah
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 1,096,231 (35,665) -) 1,060,566)
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 225,000 (1,835) -) 223,165)
1,321,231 (37,500) -) 1,283,731)
Diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Measured at fair value through other
comprehensive income
Obligasi pemerintah/Government bonds 16,971,900 15,972) (355,928) 16,631,944)
Reksa dana syariah/Sharia mutual funds 295,000 430) -) 295,430)
Obligasi korporasi/Corporate bonds 100,000 (87) -) 99,913)
17,366,900 16,315) (355,928) 17,027,287)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 164,192 -) (2,322) 161,870)
164,192 -) (2,322) 161,870)
Diukur pada biaya perolehan/
Measured at acquisition cost
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 4,991,472 -) (28,314) 4,963,158)
Sukuk Bank Indonesia/Bank Indonesia
sukuk 2,413,521 -) -) 2,413,521)
Sertifikat Investasi Mudharabah Antarbank
(SIMA)/Certificate of Interbank
Mudharabah Investment (SIMA) 560,000 -) -) 560,000)
Reksa dana syariah/Sharia mutual funds 360,000 -) -) 360,000)
Sukuk korporasi/Corporate sukuk 257,000 -) 32) 257,032)
8,581,993 -) (28,282) 8,553,711)
27,434,316 (21,185) (386,532) 27,026,599)
Mata uang asing/Foreign currency
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 24,577 (902) -) 23,675)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 940,416 -) (9,382) 931,034)
964,993 (902) (9,382) 954,709)
)
Jumlah/Total 27,981,308)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued interest/margin
income 193,642)
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (593)
Jumlah/Total 28,174,357)
103
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 539
Page 542
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
Perubahan atas keuntungan yang belum The movement of unrealized gains from changes
direalisasi dari perubahan nilai wajar atas efek- in fair value of securities measured at fair value
efek yang diukur pada nilai wajar melalui through other comprehensive income during the
penghasilan komprehensif lain selama tahun- years ended 31 December 2025 and 2024 were
tahun yang berakhir pada tanggal as follows:
31 Desember 2025 dan 2024 adalah sebagai
berikut:
31 Desember/December
2025 2024
Saldo awal, sebelum pajak Beginning balance,
penghasilan 16,341) 3,778) before income tax
Keuntungan yang belum direalisasi Unrealized gains during
selama tahun berjalan - bersih 41,714) 12,563) the year - net
Jumlah sebelum pajak penghasilan 58,055) 16,341) Total before income tax
Efek pajak penghasilan (12,773) (3,595) Income tax effect
45,282) 12,746)
Kepentingan non-pengendali (91) (100) Non-controlling interest
Saldo akhir, bersih 45,191) 12,646) Ending balance, net
b. Berdasarkan akad syariah b. By sharia contract
Termasuk di dalam efek-efek adalah efek-efek Included in securities are securities under sharia
dengan akad syariah: contracts:
31 Desember/December
2025 2024
Ijarah 6,773,040 4,963,158 Ijarah
Musyarakah muntahiyah bittamlik 1,397,152 2,413,521 Musyarakah muntahiyah bittamlik
Wakalah 946,392 655,430 Wakalah
Mudharabah 772,015 817,032 Mudharabah
9,888,599 8,849,141
Pendapatan yang masih akan diterima 136,701 147,387 Accrued income
10,025,300 8,996,528
c. Berdasarkan hubungan dengan pihak lawan c. By relationship with counterparties
31 Desember/December
2025 2024
Pihak ketiga 25,684,516) 27,981,308) Third parties
Pendapatan bunga/marjin yang Accrued interest/margin
masih akan diterima 250,428) 193,642) income
Cadangan kerugian penurunan nilai (71) (593) Allowance for impairment losses
25,934,873) 28,174,357)
104
540 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 543
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
d. Berdasarkan jangka waktu d. By time period
31 Desember/December
2025 2024
Sampai dengan 1 bulan 656,875) 874,123) Up to 1 month
Lebih dari 1 - 3 bulan 764,733) 741,067) More than 1 - 3 months
Lebih dari 3 - 6 bulan 599,813) 719,950) More than 3 - 6 months
Lebih dari 6 - 9 bulan 935,630) 1,105,852) More than 6 - 9 months
Lebih dari 9 - 12 bulan 310,607) 783,774) More than 9 - 12 months
Lebih dari 12 bulan 22,416,858) 23,756,542) More than 12 months
25,684,516) 27,981,308)
Pendapatan bunga/marjin yang Accrued interest/margin
masih akan diterima 250,428) 193,642) income
Cadangan kerugian penurunan nilai (71) (593) Allowance for impairment losses
25,934,873) 28,174,357)
e. Berdasarkan sisa periode sampai dengan e. By remaining period of maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date are disclosed in Note 45.
Catatan 45.
f. Tingkat suku bunga/marjin rata-rata per f. Average interest rate/margin per annum
tahun
31 Desember/December
2025 2024
Obligasi pemerintah 6.37% 6.63% Government bonds
Obligasi korporasi 6.48% 6.45% Corporate bonds
Surat Berharga Syariah Negara 6.11% 5.98% Sovereign Sharia Securities
Sertifikat Investasi Mudharabah Certificate of Interbank Mudharabah
Antarbank (SIMA) 5.65% 6.32% Investment (SIMA)
Reksa dana syariah 5.90% 5.87% Sharia mutual funds
Sukuk korporasi 6.74% 7.23% Corporate sukuk
Sukuk Bank Indonesia 6.16% 6.54% Bank Indonesia sukuk
g. Berdasarkan peringkat g. By rating
Peringkat penerbit obligasi dan sukuk korporasi Rating of issuers of corporate bonds and sukuk
adalah sebagai berikut: was as follows:
31 Desember/December 2025
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
Sukuk korporasi/Corporate sukuk
PT Bank Syariah Indonesia Tbk Pefindo id AAA 307,015
31 Desember/December 2024
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
Obligasi korporasi/Corporate bonds
PT Sarana Multigriya Finansial (Persero) Pefindo id AAA 99,913
Sukuk korporasi/Corporate sukuk
PT Bank Syariah Indonesia Tbk Pefindo id AAA 247,032
PT BPD Kalimantan Selatan
Unit Usaha Syariah Fitch A idn 10,000
105
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 541
Page 544
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
g. Berdasarkan peringkat (lanjutan) g. By rating (continued)
Pada 31 Desember 2025 dan 2024, peringkat As of 31 December 2025 and 2024, the rating of
atas seluruh efek yang diterbitkan oleh all securities issued by Republic of Indonesia
pemerintah Republik Indonesia adalah BBB was BBB based on Fitch Ratings Indonesia
berdasarkan pemeringkat Fitch Ratings agency.
Indonesia.
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian yang dibentuk cukup untuk menutup losses was adequate to cover impairment losses
kemungkinan kerugian akibat penurunan nilai for securities as of 31 December 2025 and 2024.
atas efek-efek pada tanggal 31 Desember 2025
dan 2024.
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai efek-efek adalah sebagai losses for securities was as follows:
berikut:
31 Desember/December
2025 2024
Saldo awal (593) (799) Beginning balance
Pemulihan selama tahun berjalan Reversal during
(Catatan 38) 555) 186) the year (Note 38)
Lainnya (33) 20) Others
Saldo akhir (71) (593) Ending balance
i. Informasi penting lainnya sehubungan i. Other significant information relating to
dengan efek-efek securities
Pada tanggal 31 Desember 2025 dan 2024, jumlah As of 31 December 2025 and 2024, total securities
efek-efek yang digolongkan sebagai setara kas that were classified as cash equivalents amounted
adalah masing-masing sebesar Rp 1.421.608 dan to Rp 1,421,608 and Rp 1,615,190, respectively.
Rp 1.615.190.
106
542 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 545
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER RESALE
DIJUAL KEMBALI (REVERSE REPO) AGREEMENTS (REVERSE REPO)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
(reverse repo) adalah dalam mata uang Rupiah dan (reverse repo) were denominated in Rupiah and were
ditempatkan pada Bank Indonesia. placed at Bank Indonesia.
a. Berdasarkan jenis a. By type
31 Desember/December 2025
Pendapatan yang
Rentang tanggal Rentang tanggal akan diterima Harga
mulai/ jatuh tempo/ Nilai pokok/ reverse repo/ Nilai tercatat/ penjualan
Range of starting Range of Principal Accrued income Carrying kembali/
date1) maturity date2) amount from reverse repo amount3) Reselling price
Rupiah
31 Desember/ 7 Januari/
Obligasi/Bonds VR070 December 2025 January 2026 507,361 66 507,427 507,829
29-30
Desember/ 2-12 Januari/
Obligasi/Bonds FR086 December 2025 January 2026 293,155 106 293,261 293,452
30 Desember/ 13 Januari/
Obligasi/Bonds FR056 December 2025 January 2026 205,829 55 205,884 206,216
22-30
Desember/ 5-13 Januari/
Obligasi/Bonds FR090 December 2025 January 2026 192,379 154 192,533 192,740
24 Desember/ 7 Januari/
Obligasi/Bonds FR071 December 2025 January 2026 107,891 116 108,007 108,093
19 Desember/ 2 Januari/
Obligasi/Bonds FR073 December 2025 January 2026 106,638 185 106,823 106,837
30 Desember/ 13 Januari/
Obligasi/Bonds BI646 December 2025 January 2026 96,545 26 96,571 96,726
24 Desember/ 7 Januari/
Obligasi/Bonds FR101 December 2025 January 2026 50,349 54 50,403 50,443
23 Desember/ 6 Januari/
Obligasi/Bonds FR059 December 2025 January 2026 49,191 59 49,250 49,283
18-31
Desember/ 5-14 Januari/
Obligasi/Bonds FR064 December 2025 January 2026 48,846 47 48,893 48,943
31 Desember/ 14 Januari/
Obligasi/Bonds FR080 December 2025 January 2026 25,642 3 25,645 25,691
Jumlah/Total 1,683,826 871 1,684,697 1,686,253
31 Desember/December 2024
Pendapatan yang
Rentang tanggal Rentang tanggal akan diterima Harga
mulai/ jatuh tempo/ Nilai pokok/ reverse repo/ Nilai tercatat/ penjualan
Range of Range of Principal Accrued income Carrying kembali/
starting date1) maturity date2) amount from reverse repo amount3) Reselling price
Rupiah
24-31
Desember/ 7-14 Januari/
Obligasi/Bonds FR090 December 2024 January 2025 276,424 314 276,738 277,116
23 Desember/ 6 Januari/
Obligasi/Bonds FR086 December 2024 January 2025 94,206 152 94,358 94,442
19-30
Desember/ 2-13 Januari/
Obligasi/Bonds FR078 December 2024 January 2025 30,182 50 30,232 30,259
23 Desember/ 6 Januari/
Obligasi/Bonds FR056 December 2024 January 2025 19,916 32 19,948 19,966
27 Desember/ 10 Januari/
Obligasi/Bonds FR081 December 2024 January 2025 19,612 18 19,630 19,661
31 Desember/ 14 Januari/
Obligasi/Bonds FR091 December 2024 January 2025 18,053 3 18,056 18,098
18 Desember/ 2 Januari/
Obligasi/Bonds FR084 December 2024 January 2025 9,795 25 9,820 9,822
468,188 594 468,782 469,364
Jumlah/Total
1) 1)
Tanggal dimulai merupakan tanggal yang sama dengan tanggal Start date is the same as the securities purchase date.
pembelian efek.
2) 2)
Tanggal jatuh tempo merupakan tanggal yang sama dengan Maturity date is the same as the securites resale date.
tanggal penjualan kembali efek.
3) 3)
Nilai tercatat merupakan harga pembelian efek ditambah dengan Carrying amount is securities purchase price added with interest
pendapatan bunga yang sudah diakui. income recognised.
107
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 543
Page 546
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER RESALE
DIJUAL KEMBALI (REVERSE REPO) (lanjutan) AGREEMENTS (REVERSE REPO) (continued)
b. Berdasarkan periode jatuh tempo b. By maturity period
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
akan diselesaikan dalam waktu tidak lebih dari will be settled no more than 12 months after the
12 bulan setelah tanggal laporan posisi date of the consolidated financial positions.
keuangan konsolidasian.
c. Tingkat suku bunga rata-rata per tahun c. Average interest rate per annum
Tingkat suku bunga rata-rata per tahun atas efek- The average interest rate per annum of securities
efek yang dibeli dengan janji dijual kembali purchased under resale agreements (reverse
(reverse repo) untuk tahun-tahun yang berakhir repo) for the years ended 31 December 2025
pada 31 Desember 2025 dan 2024 berkisar di and 2024 is between 4.35% - 4.87% and 6.45%
antara 4,35% - 4,87% dan 6,45% - 6,50%. - 6.50%.
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Kolektibilitas efek-efek yang dibeli dengan janji The collectability of all securities purchased
dijual kembali (reverse repo) berdasarkan under resale agreements (reverse repo) based
peraturan OJK yang berlaku diungkapkan pada on the prevailing OJK regulations was disclosed
Catatan 49. in Note 49.
Pada tanggal 31 Desember 2025 dan 2024, tidak As of 31 December 2025 and 2024, there were
terdapat efek-efek yang dibeli dengan janji dijual no impairment of securities purchased under
kembali yang mengalami penurunan nilai. resale agreements.
Manajemen berpendapat bahwa tidak diperlukan Management believes that no allowance for
adanya cadangan penurunan nilai pada efek- impairment losses is necessary on securities
efek yang dibeli dengan janji dijual kembali. purchased under resale agreements.
10. TAGIHAN DAN LIABILITAS DERIVATIF 10. DERIVATIVE RECEIVABLES AND PAYABLES
a. Berdasarkan jenis dan hubungan dengan a. By type and relationship with counterparties
pihak lawan
31 Desember/December 2025
Nilai wajar/Fair value
Tagihan derivatif/ Liabilitas derivatif/
Nilai kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
Kontrak tunai mata
uang asing/Foreign
currency spot 4,242,423 1,577 3,254 425 9,145
Kontrak berjangka mata
uang asing/Foreign
currency forward 7,776,182 586 58,304 3,816 10,623
Swap mata uang asing/
Foreign currency
swap 31,079,808 6,430 107,434 20,071 132,461
Cross currency swap 46,324,711 1,124 880,838 1,644 723,038
Swap suku
bunga/Interest rate
swap 11,768,881 212,760 8,565 8,592 203,845
101,192,005 222,477 1,058,395 34,548 1,079,112
108
544 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 547
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
a. Berdasarkan jenis dan hubungan dengan a. By type and relationship with counterparties
pihak lawan (lanjutan) (continued)
31 Desember/December 2024
Nilai wajar/Fair value
Tagihan derivatif/ Liabilitas derivatif/
Nilai kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
Kontrak tunai mata
uang asing/Foreign
currency spot 2,272,478 1,974 2,519 - 5,379
Kontrak berjangka mata
uang asing/Foreign
currency forward 5,870,994 4,025 35,510 1,948 42,922
Swap mata uang asing/
Foreign currency
swap 33,979,771 - 221,191 9,195 191,422
Cross currency swap 42,908,763 - 1,113,660 10,112 950,405
Swap suku
bunga/Interest rate
swap 8,248,512 369,246 - 18 347,440
93,280,518 375,245 1,372,880 21,273 1,537,568
Bank menyediakan produk derivatif untuk The Bank provides derivative products to its
nasabahnya seperti kontrak pembelian atau customers such as forward exchange contracts,
penjualan berjangka mata uang asing, perjanjian cross-currency swap agreements and interest rate
swap mata uang asing dan perjanjian swap/cap swap/cap agreements to enable its customers to
tingkat suku bunga yang memungkinkan transfer, modify or reduce their foreign exchange
nasabahnya untuk memindahkan, memodifikasi and/or interest rate risks. As part of its risk
atau mengurangi risiko atas kurs nilai tukar management policy, the Bank covers most of these
dan/atau risiko tingkat suku bunga. Sebagai bagian derivative contracts with customers with back-to-
dari kebijakan manajemen risiko, Bank melindungi back derivative contracts with the same notional
sebagian besar transaksi derivatif dengan amount and maturity with its foreign affiliates and
nasabahnya dengan membuat transaksi derivatif other banks. Also, the Bank uses derivative
timbal balik dengan jumlah dan waktu jatuh tempo instruments as an end-user in connection with its
yang sama dengan perusahaan afiliasi di luar risk management activities. Derivatives are used
negeri dan bank lain. Bank juga menggunakan by the Bank mainly to manage foreign exchange
instrumen derivatif sebagai sarana sehubungan risk on its foreign currency denominated assets
dengan kegiatan manajemen risiko. Derivatif and liabilities and to manage interest rate risk
digunakan oleh Bank terutama untuk mengatasi relating to specific groups of assets and liabilities in
risiko kurs nilai tukar atas aset dan liabilitas dalam the consolidated statement of financial position.
mata uang asing, dan untuk mengatasi risiko
tingkat suku bunga yang berhubungan dengan
aset dan liabilitas tertentu di dalam laporan posisi
keuangan konsolidasian.
b. Lindung nilai arus kas b. Cash flow hedge
Entitas anak mengadakan kontrak cross The Subsidiaries entered into cross currency
currency swap dengan tujuan lindung nilai atas swap contracts to hedge the risks of variability in
risiko variabilitas pada arus kas yang cash flows arising from foreign exchange rates
ditimbulkan oleh kurs mata uang asing dan and interest rates on its borrowings denominated
tingkat suku bunga atas pinjaman yang diterima in foreign currencies which bear floating interest
dalam mata uang asing dengan tingkat suku rates.
bunga mengambang.
109
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 545
Page 548
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
b. Lindung nilai arus kas (lanjutan) b. Cash flow hedge (continued)
Perubahan penghasilan komprehensif lain Movement of other comprehensive income
berkaitan dengan lindung nilai arus kas related with cash flow hedges based on risk
berdasarkan kategori risiko adalah sebagai category was as follows:
berikut:
31 Desember/December
2025 2024
Saldo awal 24,145) -) Beginning balance
Tambahan atas akuisisi -) (459) Addition due to acquisition
Lindung nilai arus kas Cash flow hedge
Bagian efektif dari perubahan nilai wajar Effective portion of changes in fair value
Cross currency and interest rate swap Cross currency and interest rate swap
USD (210,579) 51,376) USD
Cross currency and interest rate swap Cross currency and interest rate swap
JPY (63,734) 3,322) JPY
Jumlah yang ditransfer ke laba rugi Net amount reclassified to profit or loss
Cross currency and interest rate swap Cross currency and interest rate swap
USD (94,068) (60,126) USD
Cross currency and interest rate swap Cross currency and interest rate swap
JPY (21,661) 30,032) JPY
Aset pajak tangguhan 57,123) (8,627) Others
Kepentingan non-pengendali 114,025) (6,252) Non-controlling interest
Saldo akhir (194,749) 9,266) Ending balance
Perubahan keuntungan/(kerugian) kumulatif The movement of the cumulative gains/(losses)
atas instrumen derivatif untuk lindung nilai arus on derivative instruments for cash flows hedges
kas yang merupakan bagian efektif dari which was the effective portion of the cumulative
akumulasi perubahan bersih nilai wajar net change in the fair value of cash flows hedging
instrumen lindung nilai arus kas yang terkait instruments related to hedged transactions that
dengan transaksi lindung nilai yang belum have not yet affected the profit or loss as at
mempengaruhi laba rugi pada tanggal 31 December 2025 and 2024 was as follows:
31 Desember 2025 dan 2024 adalah sebagai
berikut:
31 Desember/December
2025 2024
Beginning balance – before deferred
Saldo awal – sebelum pajak tangguhan 24,145) -) income tax
Tambahan atas akuisisi -) (459) Addition due to acquisition
Bagian efektif dari perubahan nilai wajar (274,313) 54,698) Effective portion of changes in fair value
Jumlah yang ditransfer ke laba rugi (115,729) (30,094) Amounts reclassified to profit or loss
Jumlah – sebelum pajak tangguhan (365,897) 24,145) Total – before deferred income tax
Aset pajak tangguhan 57,123) (8,627) Deferred tax assets
Kepentingan non-pengendali 114,025) (6,252) Non-controlling interest
Saldo akhir (194,749) 9,266) Ending balance
c. Berdasarkan kolektibilitas c. By collectability
Informasi mengenai kolektibilitas tagihan Information regarding collectability of derivative
derivatif sesuai peraturan OJK diungkapkan receivables in accordance with OJK regulations
pada Catatan 49. was disclosed in Note 49.
d. Berdasarkan sisa periode sampai dengan d. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
110
546 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 549
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
Tagihan akseptasi Acceptance receivables
Semua tagihan akseptasi adalah transaksi dengan All acceptance receivables transactions were with
pihak ketiga. third parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2025 2024
Rupiah 1,892,282) 1,971,799) Rupiah
Mata uang asing 1,901,176) 1,362,820) Foreign currencies
3,793,458) 3,334,619)
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (1,272) (17,078) losses
3,792,186) 3,317,541)
b. Berdasarkan jangka waktu b. By time period
31 Desember/December
2025 2024
Rupiah Rupiah
Hingga 1 bulan 8,373) -) Up to 1 month
Lebih dari 1 - 3 bulan 59,386) 46,279) More than 1 - 3 months
Lebih dari 3 - 6 bulan 215,369) 442,170) More than 3 - 6 months
Lebih dari 6 bulan 1,609,154) 1,483,350) More than 6 months
1,892,282) 1,971,799)
Mata uang asing Foreign currencies
Hingga 1 bulan 532,000) 426) Up to 1 month
Lebih dari 1 - 3 bulan 249,750) 292,289) More than 1 - 3 months
Lebih dari 3 - 6 bulan 1,107,500) 819,902) More than 3 - 6 months
Lebih dari 6 bulan 11,926) 250,203) More than 6 months
1,901,176) 1,362,820)
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (1,272) (17,078) losses
3,792,186) 3,317,541)
111
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 547
Page 550
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
(lanjutan) (continued)
c. Berdasarkan kolektibilitas c. By collectability
Informasi mengenai kolektibilitas tagihan Information regarding collectability of acceptance
akseptasi sesuai peraturan OJK diungkapkan receivables in accordance with OJK regulations
pada Catatan 49. was disclosed in Note 49.
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai tagihan akseptasi adalah losses for acceptance receivables was as
sebagai berikut: follows:
31 Desember/December
2025 2024
Saldo awal (17,078) (8,637) Beginning balance
Pemulihan (penyisihan) selama Reversal (provision) during
tahun berjalan (Catatan 38) 16,142) (7,252) the year (Note 38)
Lainnya (336) (1,189) Others
Saldo akhir (1,272) (17,078) Ending balance
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
yang dibentuk cukup untuk menutup losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai losses on acceptance receivables as of
tagihan akseptasi pada tanggal 31 December 2025 and 2024.
31 Desember 2025 dan 2024.
Liabilitas akseptasi Acceptance payables
a. Berdasarkan hubungan dengan pihak lawan a. By relationship with counterparties and
dan mata uang currency
31 Desember/December
2025 2024
Rupiah Rupiah
- Pihak ketiga 1,882,444 1,917,316 Third parties -
Mata uang asing Foreign currencies
- Pihak ketiga 711,080 1,081,507 Third parties -
- Pihak berelasi 621,016 163,558 Related parties -
1,332,096 1,245,065
3,214,540 3,162,381
112
548 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 551
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
(lanjutan) (continued)
Liabilitas akseptasi (lanjutan) Acceptance payables (continued)
b. Berdasarkan jangka waktu b. By time period
31 Desember/December
2025 2024
Rupiah Rupiah
Hingga 1 bulan 8,373 - Up to 1 month
Lebih dari 1 - 3 bulan 59,386 5,793 More than 1 - 3 months
Lebih dari 3 - 6 bulan 205,531 428,171 More than 3 - 6 months
Lebih dari 6 bulan 1,609,154 1,483,352 More than 6 months
1,882,444 1,917,316
Mata uang asing Foreign currencies
Hingga 1 bulan 532,000 426 Up to 1 month
Lebih dari 1 - 3 bulan 249,750 292,289 More than 1 - 3 months
Lebih dari 3 - 6 bulan 538,420 702,147 More than 3 - 6 months
Lebih dari 6 bulan 11,926 250,203 More than 6 months
1,332,096 1,245,065
3,214,540 3,162,381
c. Berdasarkan sisa periode sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to
tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/ PIUTANG SYARIAH RECEIVABLES
31 Desember/December
2025 2024
Pinjaman yang diberikan: Loans:
Pihak ketiga Third parties
- Rupiah 96,749,310) 97,506,134) Rupiah -
- Dolar Amerika Serikat 45,692,773) 41,247,844) United States Dollar -
- Yuan China 1,199,890) -) China Yuan -
- Yen Jepang 415,027) 454,642) Japanese Yen -
- Dolar Australia 156,570) 134,080) Australian Dollar -
- Euro Eropa 13,189) 19,761) European Euro -
Pihak berelasi Related parties
- Dolar Amerika Serikat 335,473) 288,732) United States Dollar -
- Rupiah 95,852) 149,043) Rupiah -
Pembiayaan/piutang syariah: Sharia financing/receivables:
Pihak ketiga Third parties
- Rupiah 10,352,755) 10,171,759) Rupiah -
Pendapatan bunga/marjin yang masih
akan diterima Accrued interest/margin income
- Rupiah 573,120) 576,130) Rupiah -
- Dolar Amerika Serikat 236,977) 184,517) United States Dollar -
- Yuan China 3,913) -) China Yuan -
- Dolar Australia 228) 1,455) Australian Dollar -
- Yen Jepang 144) 230) Japanese Yen -
- Euro Eropa 2) 3) European Euro -
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (3,515,530) (3,922,680) losses
152,309,693) 146,811,650)
113
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 549
Page 552
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
a. Berdasarkan jenis dan mata uang a. Based on type and currency
31 Desember/December
2025 2024
Rupiah Rupiah
Korporasi 52,051,379) 49,143,810) Corporates
Pensiunan 19,804,827) 21,552,769) Pensioners
Usaha Kecil Menengah 13,739,477) 15,574,369) Small Medium Enterprises
Pembiayaan/piutang syariah 10,352,755) 10,171,759) Sharia financing/Receivables
Kredit kendaraan bermotor 4,618,978) 4,366,360) Motor vehicle loans
Umum 3,892,782) 3,752,947) General purpose
Usaha Mikro Kecil 1,581,940) 1,686,432) Micro business
Keperluan rumah tangga 767,652) 1,087,323) Household goods
Pegawai instansi lain 267,117) 380,789) Other institutions’ Employees
Karyawan 121,010) 110,378) Employee loans
107,197,917) 107,826,936)
Mata uang asing Foreign Currencies
Korporasi 47,812,922) 42,145,059) Corporates
155,010,839) 149,971,995)
Pendapatan bunga/ marjin yang
masih akan diterima 814,384) 762,335) Accrued interest/ margin income
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3,515,530) (3,922,680) impairment losses
152,309,693) 146,811,650)
Pembiayaan/piutang syariah terdiri atas Sharia financing/receivables consists of
piutang murabahah, pembiayaan musyarakah, murabahah receivables, musyarakah financing,
pembiayaan mudharabah dan pinjaman qardh mudharabah financing and funds of qardh
masing-masing sebesar Rp 9.189.373, amounted to Rp 9,189,372, Rp 963,286,
Rp 963.285, Rp 200.000 dan Rp 97 pada Rp 200,000 and Rp 97, respectively, as of
tanggal 31 Desember 2025 dan masing-masing 31 December 2025 and Rp 9,641,128,
sebesar Rp 9.641.128, Rp 530.567, Rp nihil Rp 530,567, Rp nil and Rp 64, respectively, as
dan Rp 64 pada tanggal 31 Desember 2024. of 31 December 2024.
Rasio pinjaman yang diberikan kepada Usaha Ratios of loans extended to Micro, Small and
Mikro, Kecil dan Menengah (“UMKM”) terhadap Medium Enterprises (“UMKM”) to total loans as
jumlah pinjaman yang diberikan pada tanggal of 31 December 2025 and 2024 was disclosed
31 Desember 2025 dan 2024 diungkapkan in Note 49.
pada Catatan 49.
Informasi mengenai kolektibilitas pinjaman Information regarding collectability of loans and
yang diberikan dan pembiayaan/piutang sharia financing/receivables in accordance with
syariah sesuai dengan peraturan OJK OJK regulation was disclosed in Note 49.
diungkapkan pada Catatan 49.
114
550 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 553
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
b. Berdasarkan sektor ekonomi b. By economic sector
31 Desember/December
2025 2024
Rupiah Rupiah
Rumah tangga 27,349,925) 29,136,625) Household
Perindustrian 23,491,317) 20,659,092) Manufacturing
Perdagangan 20,624,168) 21,277,866) Trading
Jasa lainnya 18,618,045) 17,882,767) Other services
Transportasi & komunikasi 6,647,944) 8,635,866) Transportation & communication
Konstruksi 5,119,867) 5,136,862) Construction
Pertanian 3,820,379) 3,811,880) Agriculture
Jasa akomodasi 316,644) 189,672) Accomodation services
Pertambangan 97,070) 137,846) Mining
Lainnya 1,112,558) 958,460) Others
107,197,917) 107,826,936)
Mata uang asing Foreign Currencies
Perindustrian 17,653,144) 9,877,160) Manufacturing
Jasa lainnya 12,694,023) 13,323,689) Other services
Transportasi & komunikasi 6,711,967) 6,951,779) Transportation & communication
Perdagangan 2,863,646) 2,039,278) Trading
Pertanian 2,567,385) 2,182,511) Agriculture
Pertambangan 1,317,792) 2,266,507) Mining
Konstruksi 169,420) 254,427) Construction
Lainnya 3,835,545) 5,249,708) Others
47,812,922) 42,145,059)
Pendapatan bunga/marjin yang
masih akan diterima 814,384) 762,335) Accrued interest/margin income
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3,515,530) (3,922,680) impairment losses
152,309,693) 146,811,650)
c. Berdasarkan jangka waktu c. By time period
31 Desember/December
2025 2024
Hingga 1 tahun 72,130,117) 63,458,562) Up to 1 year
Lebih dari 1 - 2 tahun 10,302,096) 8,952,282) More than 1 - 2 years
Lebih dari 2 - 3 tahun 6,609,508) 9,610,984) More than 2 - 3 years
Lebih dari 3 - 4 tahun 10,800,134) 9,816,427) More than 3 - 4 years
Lebih dari 4 - 5 tahun 20,703,112) 21,610,598) More than 4 - 5 years
Lebih dari 5 tahun 34,465,872) 36,523,142) More than 5 years
155,010,839) 149,971,995)
Pendapatan bunga/marjin yang
masih akan diterima 814,384) 762,335) Accrued interest/margin income
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (3,515,530) (3,922,680) losses
152,309,693) 146,811,650)
115
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 551
Page 554
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
d. Berdasarkan sisa periode sampai dengan d. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
e. Berdasarkan hubungan dengan pihak e. By relationship with counterparties/debtors
lawan/debitur
31 Desember/December
2025 2024
Pihak ketiga 154,579,514) 149,534,220) Third parties
Pihak berelasi 431,325) 437,775) Related parties
155,010,839) 149,971,995)
Pendapatan bunga/marjin yang
masih akan diterima 814,384) 762,335) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (3,515,530) (3,922,680) Allowance for impairment losses
152,309,693) 146,811,650)
f. Tingkat suku bunga/marjin rata-rata per f. Average interest/margin rate per annum
tahun
31 Desember/December
2025 2024
Tingkat suku bunga rata-rata per
tahun: Average interest rate per annum:
Rupiah 9.47% 9.82% Rupiah
Mata uang asing 5.17% 6.26% Foreign currencies
31 Desember/December
2025 2024
Tingkat marjin rata-rata per
tahun: Average margin rate per annum:
Piutang murabahah 25% - 30% 25%-30% Murabahah receivables
Tingkat imbal hasil per tahun: Rate of return per annum:
Pembiayaan mudharabah 4.80% - Mudharabah financing
Pembiayaan musyarakah 4.90% - 6.50% 6.20%-11.00% Musyarakah financing
116
552 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 555
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Perubahan cadangan kerugian penurunan nilai The movement of the allowance for impairment
pinjaman yang diberikan dan pembiayaan/ losses for loans and sharia financing/receivables
piutang syariah adalah sebagai berikut: was as follows:
31 Desember/December
2025 2024
Saldo awal (3,922,680) (4,618,047) Beginning balance
Penyisihan selama tahun berjalan Provision during the year
(Catatan 38) (2,940,846) (2,450,103) (Note 38)
Penerimaan kembali pinjaman
yang telah dihapusbukukan (123,316) (58,150) Recoveries from loans written-off
Penghapusbukuan 3,212,573) 2,413,271) Write-off
Kerugian modifikasi 219,074) 774,532) Modification loss
Lain-lain 39,665) 15,817) Others
Saldo akhir (3,515,530) (3,922,680) Ending balance
Perubahan cadangan kerugian penurunan nilai The movement of the Bank’s allowance for
pinjaman yang diberikan Bank berdasarkan impairment losses for loans based on Stages
Tahap (Stage) adalah sebagai berikut: was as follows:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (666,981) (281,217) (2,050,208) (2,998,406) Beginning balance
Transfer ke Tahap 1 (277,240) 213,187) 64,053) -) Transfer to Stage 1
Transfer ke Tahap 2 521,634) (553,662) 32,028) -) Transfer to Stage 2
Transfer ke Tahap 3 672) 950,643) (951,315) -) Transfer to Stage 3
Perubahan bersih Net change in
pada eksposur exposures
dan pengukuran kembali 94,519) (602,908) (1,461,085) (1,969,474) and remeasurements
Pinjaman yang baru diperoleh (463,853) (40,103) (51,554) (555,510) New originated loans
Pinjaman yang Loans which
telah dilunasi 213,717) 118,443) 37,794) 369,954) have been repaid
Changes in model
Perubahan parameter model 16,298) 168) 24,013) 40,479) parameter
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (115,374) (115,374) loans written-off
Penghapusbukuan selama Write-off during
tahun berjalan -) -) 2,335,535) 2,335,535) the year
Kredit modifikasian -) -) 219,074) 219,074) Modification loan
Lain-lain* -) -) 39,665) 39,665) Others*
Saldo akhir - kerugian Ending balance –
kredit ekspektasian expected credit losses
Bank (561,234) (195,449) (1,877,374) (2,634,057) Bank
Cadangan kerugian Allowance for
penurunan nilai – impairment
pembiayaan/piutang losses – sharia
syariah (881,473) financing/receivables
Saldo akhir (3,515,530) Ending balance
*Lain-lain termasuk keuntungan/kerugian atas selisih kurs Others include foreign exchange gain/loss and *
dan dampak amortisasi kredit modifikasian. unwinding amortization of modification loss.
117
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 553
Page 556
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses (continued)
(lanjutan)
Perubahan cadangan kerugian penurunan nilai The movement of the Bank’s allowance for
pinjaman yang diberikan Bank berdasarkan impairment losses for loans based on Stages
Tahap (Stage) adalah sebagai berikut: was as follows: (continued)
(lanjutan)
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (631,482) (168,947) (2,603,702) (3,404,131) Beginning balance
Transfer ke Tahap 1 (151,223) 122,358) 28,865) -) Transfer to Stage 1
Transfer ke Tahap 2 449,084) (531,386) 82,302) -) Transfer to Stage 2
Transfer ke Tahap 3 9,090) 631,056) (640,146) -) Transfer to Stage 3
Perubahan bersih pada Net change in
eksposur exposures
dan pengukuran kembali 85,271) (381,659) (536,039) (832,427) and remeasurements
Pinjaman yang baru diperoleh (684,251) (50,275) (448,895) (1,183,421) New originated loans
Pinjaman yang Loans which
telah dilunasi 240,735) 99,521) 622,425) 962,681) have been repaid
Changes in model
Perubahan parameter model 15,795) (1,885) (51,080) (37,170) parameter
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (33,171) (33,171) loans written-off
Penghapusbukuan selama Write-off during
tahun berjalan -) -) 738,884) 738,884) the year
Kredit modifikasian 774,532) 774,532) Modification loan
Lain-lain -) -) 15,817) 15,817) Others
Saldo akhir - kerugian Ending balance –
kredit ekspektasian expected credit losses
Bank (666,981) (281,217) (2,050,208) (2,998,406) Bank
Cadangan kerugian Allowance for
penurunan nilai – impairment
pembiayaan/piutang losses – sharia
syariah (924,274) financing/receivables
Saldo akhir (3,922,680) Ending balance
Pergerakan cadangan kerugian penurunan nilai Movement in the Bank’s allowance for
(CKPN) pinjaman yang diberikan Bank dari impairment losses (CKPN) for loans from
Rp 2.998.406 posisi 31 Desember 2024 menjadi Rp 2,998,406 as of 31 December 2024 to
Rp 2.634.057 posisi 31 Desember 2025 adalah Rp 2,634,057 as of 31 December 2025 was due
sebagai dampak dari beberapa kejadian berikut to the impact of following events:
ini:
- Pengurangan CKPN yang dibentuk pada - Reversal of CKPN booked for corporate
segmen korporasi sebesar Rp 53.874. segment amounted to Rp 53,874.
- Pengurangan CKPN yang dibentuk pada - Reversal of CKPN booked for non-corporate
segmen non-korporasi sebesar Rp 50.922. segment amounted to Rp 50,922.
- Terdapat modifikasi pinjaman (sesuai ikhtisar - There are loan modifications (according to
kebijakan akuntansi pada catatan 2.q) the summary of accounting policies in the
sebesar Rp 219.074 yang menyebabkan Notes 2.q) amounted Rp 219,074 which
penurunan nilai CKPN dibandingkan tahun caused decrement in value of CKPN
sebelumnya. compared to the previous year.
- Review tahunan model CKPN telah dilakukan - Annual model assessment was conducted in
di September 2025 yang menyebabkan September 2025 which resulted in an
pengurangan CKPN sebesar Rp 40.479. reversal CKPN of Rp 40,479.
118
554 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 557
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses (continued)
(lanjutan)
Manajemen berpendapat bahwa cadangan Management believes that the allowance
yang dibentuk cukup untuk menutup for losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai losses on loans and sharia financing/
pinjaman yang diberikan dan receivables as of 31 December 2025 and 2024.
pembiayaan/piutang syariah pada tanggal
31 Desember 2025 dan 2024.
h. Pembiayaan bersama h. Joint financing
Bank mengadakan perjanjian pembiayaan The bank has entered into joint financing
bersama dengan beberapa lembaga agreements with several multifinance
pembiayaan untuk membiayai kepemilikan companies for financing retail purchase of
kendaraan bermotor. vehicles.
i. Batas Maksimum Pemberian Kredit i. Legal Lending Limit (“LLL”)
(“BMPK”)
Batas Maksimum Pemberian Kredit (BMPK) Legal Lending Limit (LLL) in compliance with
sesuai dengan peraturan yang telah ditetapkan OJK’s regulation was disclosed in Note 49.
OJK diungkapkan pada Catatan 49.
j. Pinjaman yang diberikan dan pembiayaan/ j. Non-performing loans and sharia
piutang syariah bermasalah financing/receivables
Pinjaman yang diberikan dan pembiayaan/ Non-performing loans and sharia
piutang syariah bermasalah sesuai dengan financing/receivables in compliance with OJK’s
peraturan yang telah ditetapkan OJK regulation was disclosed in Note 49.
diungkapkan pada Catatan 49.
Pinjaman yang diberikan dan Loans and sharia financing/receivables are
pembiayaan/piutang syariah pada umumnya generally collateralised by registered
dijamin dengan agunan yang diikat dengan mortgages, mortgages or powers of attorney to
hipotik, hak tanggungan atau surat kuasa untuk sell and other guarantees.
menjual dan jaminan lainnya.
Pada tanggal 31 Desember 2025, pinjaman As of 31 December 2025, loans and sharia
yang diberikan dan pembiayaan/piutang financing/receivables secured by cash
syariah yang dijamin dengan jaminan uang collateral were Rp 32,096,758
tunai adalah Rp 32.096.758 (31 December 2024: Rp 28,236,255).
(31 Desember 2024: Rp 28.236.255).
119
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 555
Page 558
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
k. Kredit penerusan k. Channeling loans
Bank juga menyalurkan fasilitas kredit yang The Bank also provides loan facilities funded by
dananya bersumber dari Pemerintah Indonesia the Government of Indonesia or Bank Indonesia
atau Bank Indonesia melalui kredit penerusan through channeling loans in the form of Kredit
(channeling loan) dalam bentuk Kredit Usaha Usaha Tani (KUT) and Kredit Pengusaha Kecil
Tani (KUT) dan Kredit Pengusaha Kecil
Menengah (KPKM). Menengah (KPKM).
Saldo dari kredit penerusan tidak diakui pada These chanelling loans are not recognized in the
laporan keuangan konsolidasian. Rincian saldo consolidated financial statements.
kredit penerusan adalah sebagai berikut: The balances were as follows:
31 Desember/December
2025 2024
Kredit Penerusan KUT 24,687 24,687) KUT Channeling Loans
Kredit Penerusan KPKM 16,061 16,061) KPKM Channeling Loans
40,748 40,748)
l. Kredit sindikasi l. Syndicated loans
Kredit sindikasi merupakan kredit yang Syndicated loans represent loans provided to
diberikan kepada nasabah berdasarkan customers under syndication agreements with
perjanjian pembiayaan bersama (sindikasi) other banks and are generally used to support
dengan bank-bank lain dan umumnya the working capital needs and investment. In
digunakan untuk memenuhi kebutuhan modal
kerja dan investasi. Dalam kredit sindikasi, syndicated loans, the Bank may act as a
Bank dapat bertindak sebagai anggota member and/or arranger and/or Facility Agent
dan/atau arranger dan/atau Agen Fasilitas and/or Security Agent. Syndication is done with
dan/atau Agen Jaminan. Sindikasi dilakukan several banks in Indonesia and/or offshore.
dengan bank-bank di Indonesia dan/atau luar
negeri.
Keikutsertaan Bank sebagai anggota dan/atau Total participation of the Bank in syndicated
arranger dalam kredit sindikasi diungkapkan loans, in which the Bank acted as a member
pada Catatan 49. and/or arranger was disclosed in Note 49.
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
PT Asuransi Allianz Life Indonesia PT Asuransi Allianz Life Indonesia
Pada tanggal 26 November 2008, Bank On 26 November 2008, the Bank entered into an
melakukan perjanjian (“PKS”) dengan agreement (“PKS”) with PT Asuransi Allianz Life
PT Asuransi Allianz Life Indonesia (“Allianz”), Indonesia (“Allianz”), a third party, to cover the
pihak ketiga, untuk melindungi Bank dari risiko Bank from the mortality risk of pension loan
kematian atas debitur kredit pensiunan dengan
asuransi jiwa. Perjanjian Kerjasama ini debtors through life insurance. The insurance
mencakup 2 bagian (asuransi untuk debitur agreement consists of 2 sections (insurance for
Kredit Pensiun sebelum tanggal 1 Desember pension loan debtors before 1 December 2008
2008 dan asuransi untuk debitur Kredit Pensiun and insurance for pension loan debtors since
sejak tanggal 1 Desember 2008) dan berlaku 1 December 2008 onwards) and is effective for
hingga 5 (lima) tahun sejak tanggal perjanjian, 5 (five) years since the date of the agreement,
dan kemudian dengan sendirinya diperbaharui and shall then be automatically renewed for
untuk jangka waktu berikutnya masing-masing further successive periods of each of 5 (five)
5 (lima) tahun atau sebagaimana disepakati years or as mutually agreed by both parties.
bersama oleh para pihak.
120
556 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 559
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Asuransi Allianz Life Indonesia (lanjutan) PT Asuransi Allianz Life Indonesia (continued)
Pada tanggal 1 April 2013 dilakukan perubahan On 1 April 2013, the PKS has been amended in
atas PKS yang dibuat dalam bentuk PKS Induk the form of Master Agreement (Bancassurance
(Perjanjian Bancassurance untuk Kegiatan Agreement for Referral Activities) and Sub PKS
Referensi) dan PKS turunan yang dibuat untuk which were provided for each product of Pension
masing-masing produk Kredit Pensiun dan Loan and Employee Loan.
Kredit Pegawai.
Sesuai Perjanjian Kerja Sama As per Agreement No.020/RLBPM/V/2022 dated
No.020/RLBPM/V/2022 pada tanggal 20 June 2022 Bank and Allianz started new
20 Juni 2022 Bank dan Allianz mulai scheme insurance product for Pension Loan.
memberlakukan skema produk asuransi yang
baru untuk Kredit Pensiun.
Dengan mulai berlakunya produk asuransi With the implementation of this Pension Loan
Kredit Pensiun ini pemberian referensi produk insurance product, referencing existing Pension
asuransi Kredit Pensiun yang lama sudah tidak Loan insurance product will be discontinued
dilakukan lagi sejak tanggal 1 Juli 2022, namun starting from 1 July 2022. Existing Pension Loan
masih digunakan untuk perlindungan debitur insurance still cover the debtors existed before
yang sudah ada sebelum 1 Juli 2022. 1 July 2022.
PT Avrist Assurance PT Avrist Assurance
Pada tanggal 23 Juni 2011 Bank melakukan On 23 June 2011, the Bank entered an
perjanjian dengan PT Avrist Assurance agreement with PT Avrist Assurance (“Avrist”), a
(“Avrist”), pihak ketiga, untuk melindungi Bank third party, to cover the Bank from the risk of
dari risiko kerugian tidak tertagihnya kredit uncollectible pensioners loan. The agreement is
pensiunan. Perjanjian Kerjasama ini berlaku effective for one year and shall then be
selama satu tahun dan kemudian dengan automatically renewed for further successive
sendirinya diperbaharui untuk jangka waktu periods of each of one year or as mutually
berikutnya masing-masing satu tahun atau agreed by both parties.
sebagaimana disepakati bersama oleh kedua
belah pihak.
Pada tanggal 17 September 2015, Bank dan On 17 September 2015, Bank and Avrist agreed
Avrist sepakat untuk memperluas kerja sama to expand the agreement for Active Employee
untuk Kredit Pegawai Aktif dan kerja sama Loan and this agreement was last emphasized
tersebut ditegaskan terakhir pada on 17 September 2019.
17 September 2019.
Sesuai Perjanjian Kerja Sama As per Agreement No.017/RLBPM/III/2023 and
No.017/RLBPM/III/2023 dan No.018/RLBPM/III/2023 dated 1 February 2023
No.018/RLBPM/III/2023 pada tanggal Bank and Avrist started new scheme insurance
1 Februari 2023 Bank dan Avrist mulai product for Pension Loan.
memberlakukan skema produk Asuransi yang
baru untuk Kredit Pensiun.
Dengan mulai berlakunya produk asuransi With the implementation of this Pension Loan
Kredit Pensiun ini pemberian referensi produk insurance product, referencing existing Pension
asuransi Kredit Pensiun yang lama sudah tidak Loan insurance product will be discontinued
dilakukan lagi sejak tanggal 1 Februari 2023, starting from 1 February 2023. Existing Pension
namun masih digunakan untuk perlindungan
debitur yang sudah ada sebelum Loan insurance still cover the debtors existed
1 Februari 2023. before 1 February 2023.
121
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 557
Page 560
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Heksa Solution Insurance PT Heksa Solution Insurance
Pada tanggal 22 Juni 2023, Bank melakukan On 22 June 2023, the Bank entered an
perjanjian dengan PT Heksa Solution Insurance agreement with PT Heksa Solution Insurance
(“Heksa”) sesuai Perjanjian Kerja Sama (“Heksa”) as per agreement
No.037/RLBSA/VI/2023, pihak ketiga, untuk No.037/RLBSA/VI/2023, a non-related party, to
melindungi Bank dari risiko kerugian tidak cover the Bank from the risk
tertagihnya kredit pensiunan dan kredit pegawai. of uncollectible pension loan and employee loan.
Perjanjian Kerjasama ini berlaku sampai salah The agreement is effective untill either party
satu pihak menghendaki sebaliknya atau wishes otherwise or required by the regulation.
dikehendaki sesuai ketentuan yang belaku.
PT Asuransi Jiwa Generali PT Asuransi Jiwa Generali
Pada tanggal 22 Juni 2011, Bank melakukan On 22 June 2011, the Bank entered into an
perjanjian dengan PT Asuransi Jiwa Generali agreement with PT Asuransi Jiwa Generali
(“Generali”), pihak ketiga, untuk melindungi (“Generali”), a third party, to cover the Bank from
Bank dari risiko kerugian tidak tertagihnya kredit the risk of uncollectible pension loans. The
pensiunan. Perjanjian Kerjasama ini berlaku agreement is effective for one year and shall then
selama satu tahun dan kemudian dengan be automatically renewed for further successive
sendirinya diperbaharui untuk jangka waktu periods of each of one year or as mutually agreed
berikutnya masing-masing satu tahun atau by both parties.
sebagaimana disepakati bersama oleh kedua
belah pihak.
Pada tanggal 9 Oktober 2015, Bank juga On 9 October 2015, the Bank also entered into an
melakukan perjanjian dengan PT Asuransi Jiwa agreement with PT Asuransi Jiwa Generali
Generali (“Generali”), pihak ketiga, untuk (“Generali”), a third party, to cover the Bank from
melindungi Bank dari risiko kredit dari pinjaman the credit risk of active employee loans.
pegawai aktif.
Perjanjian kerjasama ini berlaku selama lima The agreement is effective for five years and will
tahun dan kemudian secara otomatis akan be automatically extended for the next five years
diperpanjang untuk 5 tahun berikutnya atau or may be terminated earlier as agreed by both
dapat dihentikan lebih awal sebagaimana parties. The agreement is expired on 9 October
disepakati bersama oleh kedua belah pihak. 2025.
Perjanjian kerjasama ini telah berakhir pada
tanggal 9 Oktober 2025.
PT Asuransi Jiwa Sinarmas MSIG Tbk PT Asuransi Jiwa Sinarmas MSIG Tbk
Pada tanggal 12 Januari 2022, Bank melakukan On 12 January 2022, the Bank entered an
perjanjian dengan PT Asuransi Jiwa Sinarmas agreement with PT Asuransi Jiwa Sinarmas
MSIG Tbk (“Sinarmas MSIG”), pihak ketiga, MSIG Tbk (“Sinarmas MSIG”), a non-related
untuk melindungi Bank dari risiko kredit party, to cover the Bank from the risk
dari Kredit Pemilikan Rumah. Perjanjian of uncollectible mortgage loan. The agreement is
kerjasama ini berlaku selama tiga tahun dan effective for three years and can be
sewaktu-waktu dapat ditinjau kembali oleh reviewed whenever necessary by both
masing-masing pihak. Perjanjian kerja sama ini parties. The agreement was launched at
mulai diimplementasikan pada tanggal 24 March 2022. The agreement is expired on
24 Maret 2022. Perjanjian kerjasama ini telah 12 January 2025.
berakhir pada tanggal 12 Januari 2025.
n. Pinjaman yang diberikan dan n. Restructured loans and sharia
pembiayaan/piutang syariah yang financing/receivables
direstrukturisasi
Jumlah pinjaman yang diberikan dan Total restructured loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables based on OJK grading was disclosed
direstrukturisasi berdasarkan kolektibilitas OJK in Note 49.
diungkapkan pada Catatan 49.
122
558 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 561
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN 13. FINANCING RECEIVABLES
Piutang pembiayaan dari PT Oto Multiartha dan Financing receivables from PT Oto Multiartha and
PT Summit Oto Finance pada tanggal 31 Desember PT Summit Oto Finance as of 31 December 2025
2025 dan 2024 setelah penyesuaian nilai wajar and 2024 after fair value adjustment due to the
dampak dari akuisisi (sesuai catatan 1f) adalah impact of the acquisition (as per Notes 1f) are as
sebagai berikut: follows:
31 Desember/December
2025 2024
Piutang pembiayaan yang dibiayai
sendiri 38,702,072) 37,431,575) Self financing
Bagian pembiayaan yang dibiayai
bersama pihak berelasi without Share in joint financing with related party
recourse 1,363,379) 1,226,292) without recourse
Piutang pembiayaan – bruto 40,065,451) 38,657,867) Gross financing receivables
Pendapatan pembiayaan konsumen
yang belum diakui (9,688,421) (9,225,245) Unearned consumer financing income
Piuatang pembiayan – sebelum Financing receivables – before allowance
cadangan kerugian penurunan nilai 30,377,030) 29,432,622) for impairment losses
Dikurangi: Cadangan kerugian
penurunan nilai (3,644,300) (1,970,930) Less: Allowance for impairment losses
Jumlah 26,732,730) 27,461,692) Total
Tingkat suku bunga efektif setahun: Effective interest rate per annum:
31 Desember/December
2025 2024
Mobil 16.60% 17.63% Cars
Motor 26.99% 27.48% Motorcycles
Berdasarkan jenis objek pembiayaan: By type of financing object:
31 Desember/December
2025 2024
Mobil 14,739,187 15,013,816 Cars
Motor 15,637,843 14,418,806 Motorcycles
Jumlah 30,377,030 29,432,622 Total
Entitas Anak memberikan kontrak pembiayaan The Subsidiaries extend financing contracts with
dengan jangka waktu 1 tahun sampai dengan 5 terms ranging from 1 year to 5 years.
tahun.
Untuk memastikan kelancaran penyelesaian To ensure settlement of consumer financing
piutang pembiayaan konsumen yang diberikan, receivables, the customers of Subsidiaries give the
konsumen Entitas Anak memberikan Bukti Certificates of Ownerhip (BPKB) of the motor
Pemilikan Kendaraan Bermotor (BPKB) atas vehicles financed.
kendaraan bermotor yang dibiayai.
Piutang pembiayaan pada tanggal 31 Desember Financing receivables as of 31 December 2025 and
2025 dan 2024 masing-masing sebesar 2024 amounting to Rp 4,187,725 and
Rp 4.187.725 dan Rp 4.862.626, dijadikan sebagai Rp 4,862,626, respectively, were pledged as
jaminan atas pinjaman yang diterima (Catatan 23). collateral for borrowings (Notes 23).
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to
tanggal jatuh tempo diungkapkan pada Catatan 45. maturity date was disclosed in Notes 45.
123
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 559
Page 562
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN (lanjutan) 13. FINANCING RECEIVABLES (continued)
Berdasarkan Tahap By stage
Berikut adalah ringkasan perubahan nilai tercatat The following summarizes the movement of the
piutang pembiayaan yang diberikan (sebelum carrying amount of financing receivables (before
penyisihan kerugian kredit ekspektasian) dengan allowance for expected credit losses) based on
klasifikasi biaya perolehan diamortisasi berdasarkan stages during the years ended
tahap (stage) selama tahun - tahun yang berakhir 31 December 2025 and 2024:
pada tanggal 31 Desember 2025 dan 2024:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 23,950,182) 854,113) 4,628,327) 29,432,622) Beginning balances
Transfer ke Tahap 1 75,717) (69,474) (6,243) -) Transfer to Stage 1
Transfer ke Tahap 2 (721,530) 723,272) (1,742) -) Transfer to Stage 2
Transfer ke Tahap 3 (2,233,386) (564,331) 2,797,717) -) Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali 227,639) 6,862) 149,366) 383,867) measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh 18,416,575) -) -) 18,416,575) originated
Penghapusbukuan selama
tahun berjalan -) -) (3,494,207) (3,494,207) Write-off during the year
Piutang pembiayaan yang Financing receivables that
telah dilunasi (13,739,471) (392,095) (398,023) (14,529,589) have been repaid
Lain-lain 67,616) 27,024) 73,122) 167,762) Others
Saldo akhir 26,043,342) 585,371) 3,748,317) 30,377,030) Ending balances
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal -)) -)) -)) -)) Beginning balances
Penambahan atas akuisisi 23,702,467 1,152,477 3,451,194 28,306,138 Addition due to acquisition
Transfer ke Tahap 1 (9,700) 11,184) (1,484) -) Transfer to Stage 1
Transfer ke Tahap 2 59,527) (60,163) 636) -) Transfer to Stage 2
Transfer ke Tahap 3 (2,494,914) (70,615) 2,565,529) -) Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali 2,402,565) 271,070) 37,311) 2,710,946) measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh 10,500,706) -) -) 10,500,706) originated
Piutang pembiayaan yang Financing receivables that
telah dilunasi (10,169,750) (413,862) (191,957) (10,775,569) have been repaid
Penghapusbukuan selama
tahun berjalan -) -) (1,148,583) (1,148,583) Write-off during the year
Lain-lain (40,719) (35,978) (84,319) (161,016) Others
Saldo akhir 23,950,182) 854,113) 4,628,327) 29,432,622) Ending balances
Lain-lain termasuk penyesuaian nilai wajar dampak Others include fair value adjustments due to the
dari akuisisi dan amortisasi dari nilai wajar tersebut. impact of the acquisitions and amortization of the
Estimasi masa manfaat adalah 18 - 31 bulan. fair value. Estimated useful life is 18 - 31 months.
124
560 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 563
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN (lanjutan) 13. FINANCING RECEIVABLES (continued)
Berdasarkan Tahap (lanjutan) By stage (continued)
Perubahan penyisihan kerugian penurunan nilai The movement of allowance for impairment losses
atas piutang pembiayaan selama tahun-tahun yang of financing receivables during the years ended
berakhir pada tanggal 31 Desember 2025 dan 2024 31 December 2025 and 2024 was as follows:
adalah sebagai berikut:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (312,821) (87,393) (1,570,716) (1,970,930) Beginning balances
Transfer ke Tahap 1 (7,711) 5,939) 1,772) -) Transfer to Stage 1
Transfer ke Tahap 2 37,757) (38,212) 455) -) Transfer to Stage 2
Transfer ke Tahap 3 795,645) 364,506) (1,160,151) -) Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali* (436,028) (304,451) (4,010,921) (4,751,400) measurements*
Piutang pembiayaan yang New financing receivables
baru diperoleh (416,178) -) -) (416,178) originated
Penghapusbukuan selama
tahun berjalan -) -) 3,494,208) 3,494,208) Write-off during the year
Saldo akhir (339,336) (59,611) (3,245,353) (3,644,300) Ending balances
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal -) -) -) -) Beginning balances
Penambahan atas akuisisi (352,305)) (121,316) (1,220,042) (1,693,663) Addition due to acquisition
Transfer ke Tahap 1 898) (1,495) 597) -) Transfer to Stage 1
Transfer ke Tahap 2 28,259) (27,875) (384) -) Transfer to Stage 2
Transfer ke Tahap 3 310,908) 42,279) (353,187) -) Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali 63,361) 21,014) (1,146,283) (1,061,908) measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh (363,942) -) -) (363,942) originated
Penghapusbukuan selama
tahun berjalan -) -) 1,148,583) 1,148,583) Write-off during the year
Saldo akhir (312,821) (87,393) (1,570,716) (1,970,930) Ending balances
*Termasuk dalam perubahan bersih pada eksposur adalah Included in the net change in exposure is the impact on changes*
dampak perubahan estimasi pada perhitungan KKE dan in estimates used to calculate the ECL and management overlay.
overlay manajemen
Manajemen yakin bahwa jumlah penyisihan Management believes that the allowance for
kerugian penurunan nilai yang dibentuk telah cukup. impairment losses is adequate.
125
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 561
Page 564
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. BEBAN DIBAYAR DIMUKA 14. PREPAYMENTS
31 Desember/December
2025 2024
Asuransi kredit 484,148 679,889 Loans insurance
Pemeliharaan dan pembaharuan TI 152,366 139,272 IT maintenance and renewal
Promosi 113,352 105,609 Promotion
Sewa bangunan 95,033 83,730 Building rental
Mitra bisnis kredit pensiun 93,950 16,325 Pension loan business partner
Beban lisensi dibayar dimuka 21,694 25,485 Prepaid license fee
Lainnya 17,626 24,956 Others
978,169 1,075,266
Beban dibayar dimuka lainnya termasuk asuransi Other prepayments primarily includes bank
restrukturisasi perbankan, beban dibayar dimuka untuk restructurisation insurance, prepayments for life
asuransi jiwa, tunjangan perumahan, asuransi uang insurance, housing allowance, cash insurance,
tunai, asuransi kesehatan karyawan dan asuransi employee health insurance and building insurance.
gedung.
15. PERPAJAKAN 15. TAXATION
a. Klaim pengembalian pajak a. Claims for tax refund
31 Desember/December
2025 2024
Bank Bank
Klaim pengembalian pajak - 2016 101 10,358 Claim for tax refund - 2016
Klaim pengembalian pajak - 2017 8,008 8,008 Claim for tax refund - 2017
Klaim pengembalian pajak - 2020 22,688 - Claim for tax refund - 2020
Klaim pengembalian pajak - 2021 3,544 3,544 Claim for tax refund - 2021
Klaim pengembalian pajak - 2022 2,471 6,905 Claim for tax refund - 2022
Pajak penghasilan badan - 2024 309,934 309,934 Corporate income tax - 2024
Pajak lainnya 95 95 Other taxes
346,841 338,844
Entitas anak Subsidiary
Klaim pengembalian pajak - 2016 119,461 119,461 Claim for tax refund - 2016
Klaim pengembalian pajak - 2017 21,402 21,402 Claim for tax refund - 2017
Klaim pengembalian pajak - 2019 17,835 17,835 Claim for tax refund - 2019
Klaim pengembalian pajak - 2020 7,066 7,066 Claim for tax refund - 2020
Klaim pengembalian pajak - 2021 10,319 - Claim for tax refund - 2021
Klaim pengembalian pajak - 2022 21,322 21,322 Claim for tax refund - 2022
Pajak penghasilan badan - 2025 24,163 - Corporate income tax - 2025
221,568 187,086
568,409 525,930
b. Utang pajak b. Taxes payable
31 Desember/December
2025 2024
Pajak penghasilan badan: Corporate income taxes:
Bank Bank
- Pasal 25 23,903 45,090 Article 25 -
- Pasal 29 5,847 - Article 29 -
Entitas anak Subsidiary
- Pasal 25 27,066 9,710 Article 25 -
- Pasal 29 2,251 23,370 Article 29 -
59,067 78,170
Dipindahkan 59,067 78,170 Carry forward
126
562 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 565
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
b. Utang pajak (lanjutan) b. Taxes payable (continued)
31 Desember/December
2025 2024
Pindahan 59,067 78,170 Carried forward
Pajak lainnya: Other taxes:
Bank Bank
- Pasal 23, 26 dan 4(2) 92,995 97,785 Article 23, 26 and 4(2) -
- Pasal 21 6,773 8,353 Article 21 -
- Pajak pertambahan nilai 6,159 10,637 Value added tax -
Entitas anak Subsidiary
- Pasal 23, 26 dan 4(2) 22,360 14,096 Article 23, 26 and 4(2) -
- Pasal 21 14,177 10,521 Article 21 -
- Pajak pertambahan nilai 5,330 6,298 Value added tax -
147,794 147,690
206,861 225,860
c. Beban pajak penghasilan c. Income tax expense
31 Desember/December
2025 2024
Pajak penghasilan: Income taxes:
- Kini Current -
Bank 277,180) 204,267) Bank
Entitas anak 358,278) 291,843) Subsidiary
- Penyesuaian terhadap beban Adjustment to prior -
pajak tahun-tahun sebelumnya tax expense
Bank 53) 100) Bank
- Tangguhan – Pembentukan Deferred – Origination of temporary -
perbedaan temporer differences
Bank (1,801) 306,144) Bank
Entitas anak (272,212) 75,736) Subsidiary
Estimasi dampak penyesuaian nilai Elimination the impact of
wajar 21,958) 26,143) fair value adjustment
Jumlah beban pajak penghasilan 383,456) 904,233) Total income tax expenses
Rekonsiliasi antara laba akuntansi The reconciliation between consolidated
konsolidasian sebelum pajak penghasilan dikali accounting profit before income tax multiplied by
tarif pajak yang berlaku dengan beban pajak the prevailing tax rate and consolidated income
penghasilan konsolidasian adalah sebagai tax expense was:
berikut:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Laba akuntansi konsolidasian sebelum Consolidated accounting profit before
pajak penghasilan 281,327) 4,120,473) income tax
Ditambah: Add:
Pendapatan dividen 484,545) 422,706) Dividend income
765,872) 4,543,179)
Tarif pajak 22%) 22%) Tax rate
Pajak dihitung dengan tarif pajak 168,493) 999,500) Tax calculated at tax rate
Perbedaan permanen dengan tarif pajak Permanent differences at tax rate:
- Bank (106,005) (92,561) Bank -
- Entitas anak 19,525) (2,806) Subsidiary -
Penyesuaian atas aset pajak tangguhan Adjustment to deferred tax assets
atas rugi fiskal yang tidak diakui* 301,390) -) for unrecognized fiscal loss*
Penyesuaian terhadap beban pajak tahun- Adjustments to prior year’s
tahun sebelumnya 53) 100) tax expense
Beban pajak penghasilan konsolidasian 383,456) 904,233) Consolidated income tax expense
*Akan kadaluarsa pada tahun 2030 Will be expired in 2030*
127
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 563
Page 566
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Rekonsiliasi antara laba akuntansi konsolidasian The reconciliation between consolidated
sebelum pajak penghasilan dan penghasilan accounting profit before income tax and taxable
kena pajak Bank adalah sebagai berikut: income of the Bank was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Laba akuntansi konsolidasian sebelum Consolidated accounting profit before
pajak penghasilan 281,327) 4,120,473) income tax
Ditambah (dikurangi): Add (less):
Pendapatan dividen 484,545) 422,706) Dividend income
Laba Entitas Anak sebelum pajak
penghasilan 967,688) (1,802,398) Subsidiary’s profit before income tax
Laba akuntansi sebelum pajak Accounting profit before income
penghasilan (Bank saja) 1,733,560) 2,740,781) tax (Bank only)
Perbedaan temporer: Temporary differences:
Penyisihan kerugian aset produktif - Allowance for impairment losses on
pinjaman yang diberikan (64,204) (1,021,375) earning assets - loans
Modifikasi arus kas kontraktual Modification of loans contractual
pinjaman yang diberikan -) (294,907) cash flows
Beban penyusutan 83,604) (2,920) Depreciation expenses
Bonus direksi (12,066) 8,277) Bonus for directors
Beban atas imbalan pascakerja (4,729) (98,128) Post-employment benefit expenses
Akrual, bonus, tantiem dan imbalan Accruals, bonus, tantiem and other
jangka panjang lainnya 5,580) 17,486) long-term - employee benefits
Jumlah perbedaan temporer 8,185) (1,391,567) Total temporary differences
Perbedaan permanen: Permanent differences:
Beban/(penghasilan) yang tidak
dapat dikurangkan/dikenakan - Non-deductible/(non-taxable)
pajak - bersih (481,839) (420,726) expenses/incomes - net
Penghasilan kena pajak Bank 1,259,906) 928,488) Taxable income of the Bank
d. Perhitungan beban pajak kini dan d. The computation of current tax expense and
kekurangan pembayaran pajak penghasilan corporate income tax underpayment was as
badan adalah sebagai berikut: follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Penghasilan kena pajak: Taxable income:
Bank 1,259,906) 928,488 Bank
Entitas Anak 1,628,535) 1,326,558 Subsidiary
2,888,441) 2,255,046
Beban pajak kini: Current tax expense:
Bank 277,180) 204,267 Bank
Entitas Anak 358,278) 291,843 Subsidiary
635,458) 496,110
Dikurangi: Less:
Pajak dibayar dimuka pasal 25: Prepaid taxes article 25:
Bank 271,332) 514,201 Bank
Entitas Anak 372,188) 258,966 Subsidiary
643,520) 773,167
(Kelebihan) kekurangan pembayaran Corporate income tax
pajak penghasilan badan (over) under payment
pasal (28) 29: article (28) 29:
Bank 5,848) (309,934) Bank
Entitas anak (13,910) 32,877) Subsidiary
(8,062) (277,057)
128
564 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 567
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
e. Sesuai dengan peraturan perpajakan di e. Under the taxation laws of Indonesia, the Group
Indonesia, Grup menghitung dan calculates and submits individual company tax
melaporkan/menyetorkan pajak untuk setiap returns (submission of consolidated income tax
perusahaan sebagai suatu badan hukum yang computation is not allowed) on a
terpisah (pelaporan pajak penghasilan self-assessment basis. The tax authorities may
konsolidasian tidak diperbolehkan) assess/amend taxes within the statute of
berdasarkan sistem self-assessment. Fiskus limitations under prevailing regulations.
dapat menetapkan/mengubah pajak-pajak
tersebut dalam jangka waktu tertentu sesuai
peraturan yang berlaku.
Manajemen mempertahankan posisi Management vigorously defends the Group’s tax
perpajakan Grup yang diyakini berdasarkan positions which are believed to be grounded on
pada teknik dasar yang kuat, sesuai dengan sound technical basis, in compliance with the tax
peraturan perpajakan dan upaya manajemen regulations and management’s efforts to
dalam mengantisipasi kemungkinan risiko anticipate possible future tax exposure.
timbulnya pajak di masa depan.
Perhitungan pajak penghasilan badan untuk The above calculation of income tax for the year
tahun yang berakhir pada tanggal ended 31 December 2025 was a preliminary
31 Desember 2025 di atas adalah suatu estimate made for accounting purposes.
perhitungan sementara yang dibuat untuk
tujuan akuntansi.
Laba kena pajak yang diperoleh dari laba Taxable income which was obtained from
sebelum pajak secara komersial setelah commercial profit before tax after fiscal
dilakukan koreksi fiskal sesuai dengan correction in accordance with applicable tax
ketentuan perpajakan yang berlaku akan regulation will be the basis for calculating and
menjadi dasar dalam perhitungan dan preparing the Bank’s and Subsidiaries’ Annual
pengisian Surat Pemberitahuan (SPT) Tahunan Corporate Income Tax Returns (SPT).
PPh Badan Bank dan Entitas Anak.
Peraturan Menteri Keuangan No.136 Tahun Minister of Finance Regulation No. 136 Year
2024 (“PMK-136/2024”) tentang ”Pengenaan 2024 (“MOF-136/2024”) regarding “Imposition of
Pajak Minimum Global Berdasarkan Global Minimum Tax Based on International
Kesepakatan Internasional” telah diundangkan Agreement” was enacted on 31 December 2024
tanggal 31 Desember 2024 dan berlaku efektif and effective starting 1 January 2025. The
1 Januari 2025. Peraturan tersebut regulation imposes Global Minimum Tax under
memberlakukan Pajak Minimum Global BEPS 2.0 Pillar Two framework.
berdasarkan kerangka kerja BEPS 2.0 Pilar
Dua.
Grup telah melakukan penilaian terhadap pajak The Group has conducted an assessment
tambahan minimum global berdasarkan regarding the global minimum top up tax under
peraturan perpajakan Pilar Dua, untuk tahun Pillar Two tax legislation for 2025 fiscal year
Pajak 2024 yang berakhir di 31 Maret 2025 ended 31 March 2025. There is no additional tax
untuk level group. Tidak ada kewajiban pajak obligation for Constituent Entities in the
tambahan untuk Entitas Konsituen untuk Jurisdiction of Indonesia, as they have an
Yurisdiksi di Indonesia, karena memiliki Tingkat Effective Tax Rate ("ETR") exceeding 15%.
Pajak Efektif (”ETR”) melebihi 15%.
SMBCI sebagai Entitas Konstituen juga telah SMBCI as Constituent Entity has conducted an
melakukan penilaian terkait pajak tambahan assessment regarding the global minimum
minimum global berdasarkan peraturan pajak top¬up tax under the Pillar Two tax legislation
Pilar Dua dan menegaskan bahwa berdasarkan and confirmed that based on the most recent
informasi terbaru yang tersedia mengenai information available regarding the financial
kinerja keuangan entitas konstituen dari Grup performance of the constituent entities of SMBCI
SMBCI, Indonesia memenuhi salah satu Uji Group, Indonesia meets one of the Transitional
Safe Harbour CbCR Transisional, yang menilai CbCR Safe Harbour Tests, deeming the entities
entitas di Indonesia tidak memiliki kewajiban in Indonesia do not having a top-up tax liability
pajak tambahan berdasarkan aturan Pilar Dua under the relevant Pillar Two rules as of
yang relevan per 31 Desember 2025. 31 December 2025"
Perhitungan perpajakan untuk tahun yang Tax calculation for the year ended
berakhir 31 Desember 2024 sesuai dengan 31 December 2024 is in accordance with Bank’s
SPT tahunan Bank. annual tax return (SPT).
129
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 565
Page 568
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
f. Aset (liabilitas) pajak tangguhan f. Deferred tax assets (liabilities)
Rincian dari aset (liabilitas) pajak tangguhan Details of deferred tax assets (liabilities) of the
Grup adalah sebagai berikut: Group was as follows:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Dikreditkan
(Dibebankan) ke Dikreditkan
laba rugi/ (Dibebankan) ke
Saldo awal/ Credited ekuitas/
Beginning (Charged) to Credited (Charged) Saldo akhir/
balance profit or loss to equity Ending balance
Bank Bank
Cadangan kerugian penurunan nilai Allowance for impairment
atas aset keuangan 43,196) (14,125) -) 29,071) losses on financial assets
Short-term employee
Imbalan kerja jangka pendek 72,447) 4,765) -) 77,212) benefits
Post-employment
Imbalan pascakerja dan imbalan benefits and other long-term
kerja jangka panjang 3,414) (1,130) 25,075) 27,359) employee benefits
(Keuntungan) kerugian yang belum Unrealized (gains) losses
direalisasi dari efek-efek yang on securities measured at
diukur pada nilai wajar melalui fair value through other
penghasilan komprehensif lain (3,500) -) (9,185) (12,685) comprehensive income
Fixed assets (including
Aset tetap (termasuk aset hak guna) (53,506) 18,060) -) (35,446) right-of-use assets)
Liabilitas sewa 58,959) 333) -) 59,292) Lease liabilities
Lain-lain 8,026) (6,102) -) 1,924) Others
Aset (liabilitas) pajak tangguhan – Deferred tax assets
bersih 129,036) 1,801) 15,890) 146,727) (liabilities)- net
Entitas Anak Subsidiaries
PT Bank BTPN Syariah Tbk 226,709) (7,312) (3,835) 215,562) PT Bank BTPN Syariah Tbk
PT Oto Multiartha 3,796) 143,959) 21,448) 169,203) PT Oto Multiartha
PT Summit Oto Finance 53,406) 135,565) 47,298) 236,269) PT Summit Oto Finance
Aset (liabilitas) pajak tangguhan – Deferred tax assets
bersih 283,911) 272,212) 64,911) 621,034) (liabilities)- net
Eliminasi dampak penyesuaian nilai Elimination the impact of
wajar (42,544) (21,958) (64,502) fair value adjustment
Total aset (liablitas) pajak Total deferred tax assets
370,403) 703,259)
tangguhan - bersih (liabilities)- net
130
566 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 569
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
f. Aset (liabilitas) pajak tangguhan (lanjutan) f. Deferred tax assets (liabilities) (continued)
Rincian dari aset (liabilitas) pajak tangguhan Details of deferred tax assets (liabilities) of the
Grup adalah sebagai berikut: (lanjutan) Group was as follows: (continued)
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Dikreditkan Dikreditkan
Penambahan (Dibebankan) (Dibebankan) ke
Saldo atas akuisisi/ ke laba rugi/ ekuitas/
awal/ Addition Credited Credited Saldo akhir/
Beginning due to (Charged) to (Charged) to Ending
balance acquisition profit or loss equity balance
Bank Bank
Cadangan kerugian
penurunan nilai atas aset Allowance for impairment
keuangan 267,898) -) (224,702) -) 43,196) losses on financial assets
Modifikasi arus kas kontraktual Modification of loans
pinjaman yang diberikan 64,880) -) (64,880) -) -) contractual cash flows
Short-term employee
Imbalan kerja jangka pendek 71,047) -) 1,400) -) 72,447) benefits
Imbalan pascakerja dan Post-employment
imbalan kerja jangka benefits and other long-term
panjang 28,178) -) (21,094) (3,670) 3,414) employee benefits
(Keuntungan) kerugian yang
belum direalisasi dari efek- Unrealized (gains) losses
efek yang diukur pada nilai on securities measured at
wajar melalui penghasilan fair value through other
komprehensif lain (790) -) -) (2,710) (3,500) comprehensive income
Aset tetap (termasuk aset hak Fixed assets (including
guna) (59,948) -) 6,442) -) (53,506) right-of-use assets)
Liabilitas sewa 66,043) -) (7,084) -) 58,959) Lease liabilities
Lain-lain 4,252) -) 3,774) -) 8,026) Others
Aset (liabilitas) pajak Deferred tax assets
tangguhan – bersih 441,560) -) (306,144) (6,380) 129,036) (liabilities)- net
Entitas Anak Subsidiaries
PT Bank BTPN Syariah Tbk 273,592) -) (44,156) (2,727) 226,709) PT Bank BTPN Syariah Tbk
PT Oto Multiartha -) 9,344) 1,368) (6,916) 3,796) PT Oto Multiartha
PT Summit Oto Finance -) 93,919) (32,948) (7,565) 53,406) PT Summit Oto Finance
Aset (liabilitas) pajak Deferred tax assets
tangguhan – bersih 273,592) 103,263) (75,736) (17,208) 283,911) (liabilities)- net
Eliminasi dampak Elimination the impact of
penyesuaian nilai wajar -) 17,252 (59,796) (42,544) fair value adjustment
Total aset (liablitas) pajak Total deferred tax assets
715,152) 370,403)
tangguhan - bersih (liabilities)- net
g. Surat ketetapan pajak g. Tax assessment letters
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), BSMI had the
1.b), BSMI memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun pajak 2017 Fiscal year 2017
Pada tanggal 4 Februari 2021, Bank menerima On 4 February 2021, the Bank received tax audit
surat pemberitahuan pemeriksaan pajak untuk notice for fiscal year 2017. On 9 August 2022, the
tahun pajak 2017. Pada tanggal 9 Agustus Directorate General of Taxes issued
2022, Direktorat Jenderal Pajak mengeluarkan Underpayment Tax Assessment Letter (SKPKB)
Surat Ketetapan Pajak Kurang Bayar (SKPKB) amounting to Rp 8,074 along with Tax
untuk seluruh jenis pajak dengan jumlah Collection Letter (STP) amounting to
sebesar Rp 8.074, dan Surat Tagihan Pajak Rp 1.5. The Bank has paid the amount on
(STP) sebesar Rp 1,5. Atas SKPKB tersebut 7 September 2022. The Bank has submitted tax
Bank telah melakukan pembayaran seluruhnya objection letter on 7 November 2022 amounting
pada tanggal 7 September 2022. Bank telah to Rp 8,008.
mengajukan permohonan surat keberatan
pajak pada tanggal 7 November 2022 dengan
jumlah Rp 8.008.
131
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 567
Page 570
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessment letters (continued)
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), BSMI had the
1.b), BSMI memiliki surat ketetapan pajak following tax assessments: (continued)
sebagai berikut: (lanjutan)
Tahun pajak 2017 (lanjutan) Fiscal year 2017 (continued)
Pada tanggal 31 Agustus 2023, DJP telah On 31 August 2023, DJP has issued objection
mengeluarkan surat keputusan penolakan decision letter which rejected Bank’s objection.
keberatan. Pada tanggal 29 November 2023 On 29 November 2023, the Bank has submitted
Bank mengajukan surat banding atas appeal letter against such decsion letter to the tax
keputusan keberatan tersebut ke pengadilan court.
pajak.
Pada tanggal 20 November 2025, Pengadilan On 20 November 2025, the Tax Court announced
Pajak mengumumkan Keputusan yang the Decision granting all the Bank's application
mengabulkan seluruh permohonan banding for all tax cases.
yang diajukan Bank untuk seluruh jenis pajak
Pada tanggal 5 Desember 2025, Bank On 5 December 2025, the Bank received the Tax
menerima hasil Keputusan Pengadilan Pajak Court Decision for all tax cases. The Bank is
untuk semua kasus pajak. Saat ini Bank sedang currently awaiting tax refunds from DJP.
menunggu pengembalian pajak dari DJP.
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), SMBCI had the
1.b), SMBCI memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun pajak 2016 Fiscal year 2016
Pada tanggal 28 Januari 2021, DJP On 28 January 2021, DGT issued an
menerbitkan Surat Ketetapan Pajak Kurang underpayment tax assessment (SKPKB)
Bayar (SKPKB) sebesar Rp 13.155. Pada amounting to Rp 13,155. On 26 April 2021, the
tanggal 26 April 2021, Bank mengajukan Bank submited an objection letter on the SKPKB
keberatan atas SKPKB tersebut kepada DJP. to the DGT.
Pada tanggal 10 Maret 2022, Direktorat On 10 March 2022, the Directorate General of
Jenderal Pajak telah menerbitkan 2 (dua) Taxes has issued 2 (two) decision regarding tax
putusan sehubungan dengan keberatan atas objection of tax assessment letter (SKPKB) which
SKPKB yang diajukan sebelumnya, adapun the Bank has applied, the result of the decision
hasil keputusan mengabulkan sebagian grants part of the objection therefore the amount
keberatan sehingga pajak yang terhutang yang of tax payable is reduced from
sebelumnya Rp 13.155 menjadi Rp 10.358, Rp 13,155 to Rp 10,358, with regards to the
atas keputusan ini, Bank mengajukan proses objection decision, the Bank has applied for
banding pada pengadilan pajak yang appeal process in tax court on 8 June 2022.
telah disampaikan pada tanggal
8 Juni 2022.
Pada tanggal 26 Maret 2025, Bank menerima On 26 March 2025, the Bank received a tax
putusan pajak atas kasus banding. Hasil dari decision regarding the appeal case, in which the
putusan banding tersebut menerima sebagian outcome of the appeal decision accepted part of
besar dengan nominal sebesar Rp 10.255. it with an amount of Rp 10,255.
Pada 6 Mei 2025, Bank telah menerima On 6 May 2025, the Bank has received the tax
pengembalian pajak untuk PPh Pasal 4(2) refund for Inc. Tax Art 4(2) for amounting to Rp
sebesar Rp 629 , sedangkan untuk PPh Badan 629 while for the Corporate Income Tax has
telah diterima pada 15 Mei 2025 sebesar been received on 15 May 2025 for amounting to
Rp 9.627. Rp 9,627.
132
568 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 571
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessment letters (continued)
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), SMBCI had the
1.b), SMBCI memiliki surat ketetapan pajak following tax assessments: (continued)
sebagai berikut: (lanjutan)
Tahun pajak 2016 (lanjutan) Fiscal year 2016 (continued)
Pada 18 Juni 2025, DJP mengajukan On 18 June 2025, DGT submit Judicial Review to
Peninjauan Kembali ke Mahkamah Agung Supreme Court in regards with the Corporate
terkait Pajak Penghasilan Badan Tahun 2016. Income Tax FY2016. Bank received the Memory
Bank menerima Memori Peninjauan Kembali of Judicial Review on 2 July 2025 which been
pada 2 Juli 2025 yang dikirimkan oleh sent by Tax Court on 1 July 2025. Bank has to
Pengadilan Pajak pada 1 Juli 2025. Bank harus submit the Contra Memory of Judicial Review at
menyampaikan Kontra Memori Peninjauan the latest on 30 July 2025 to the tax court.
Kembali selambat-lambatnya pada 30 Juli 2025
ke pengadilan pajak .
Pada 25 Juli 2025, Bank telah menyampaikan On 25 July 2025, Bank has submitted the Contra
Kontra Memori Peninjauan Kembali oleh Memory of Judicial Review by Directorate
Direktorat Jenderal Pajak kepada Mahkamah General of Taxes to Supreme Court.Until now
Agung. sampai saat ini Bank menunggu Bank is awaiting for the announcement of the
pengumuman Putusan Mahkamah Agung. Supreme Court Decision.
Setelah penggabungan usaha (Catatan 1.b), After the merger (Note 1.b), SMBCI had the
SMBCI memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun Pajak 2022 Fiscal Year 2022
Pada tanggal 19 Maret 2024, Kantor Pajak On 19 March 2024, Tax office issued a Corporate
menerbitkan Surat Ketetapan Pajak Lebih Income Tax Determination Letter (SKPLB) to
Bayar (SKPLB) PPh Badan sebesar Rp 26.542 amounting to Rp 26,542 and Value added Tax
dan Surat Ketetapan Pajak Kurang Bayar PPN Determination letter amounting of Rp 1,328 and
sebesar Rp 1.328 dan Pajak Penghasilan other income tax amounting to Rp 290 and VAT
lainnya sebesar Rp 290 serta Surat Tagihan Tax Bill (STP) amounting of Rp 25.
Pajak (STP) PPN sebesar Rp 25.
Pada tanggal 4 Juni 2024, Bank telah On 4 June 2024, the Bank has paid such tax
melakukan pembayaran pajak atas surat assessment letter (SKPKB).
ketetapan pajak kurang bayar (SKPKB)
tersebut.
Pada tanggal 7 Juni 2024, Bank mengajukan On 7 June 2024, the Bank submited objection
keberatan atas surat ketetapan pajak di atas. letters on the tax assesssments.
Pada tanggal 4 Maret 2025, Bank telah On 4 March 2025, the Bank has received a
menerima putusan keberatan, adapun hasil decision on objections, as a result of the decision
keputusan mengabulkan sebagian keberatan granting part of the objection to Corporate Income
PPh Badan sebesar Rp 31.347, PPN sebesar Tax amounting to Rp 31,347, VAT amounting to
Rp 1.979 dan mengabulkan seluruhnya Rp 1,979 and grant the entire Income Tax Article
PPh Pasal 4(2) sebesar Rp 288. 4(2) amounting to Rp 288.
Pada 2 Juni 2025, Bank mengajukan surat On 2 June 2025, Bank submitted appeal letters to
banding ke Pengadilan Pajak terhadap surat Tax Court against Corporate Income Tax and
keputusan keberatan Pajak Penghasilan Badan Value Added Tax Period February, March, April
dan Pajak Pertambahan Nilai untuk periode and May objection decision letters.
Februari, Maret, April, dan Mei.
Pada tanggal 24 Desember 2025, Pengadilan On 24 December 2025, the Court announced its
mengumumkan Keputusan mengabulkan decision granting the Bank's request.
permohonan Bank.
Saat ini, Bank sedang menunggu keputusan The Bank is currently awaiting an official decision
resmi yang dikeluarkan oleh pengadilan pajak. from the tax authority.
133
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 569
Page 572
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessment letters (continued)
Setelah penggabungan usaha (Catatan 1.b), After the merger (Note 1.b), SMBCI had the
SMBCI memiliki surat ketetapan pajak following tax assessments: (continued)
sebagai berikut: (lanjutan)
Tahun Pajak 2021 Fiscal Year 2021
Pada tanggal 9 Desember 2024, Bank telah On 9 December 2024, Bank has received Tax
menerima Surat Ketetapan Pajak Kurang Bayar Assessment Letter on Corporate Income Tax,
atas PPh Badan, Pemotongan PPh Pasal 4 ayat Withhodling Tax article 4 (2) and Value Added
(2) dan Pajak Pertambahan Nilai. Pada tanggal Tax. On 19 December 2024, Bank has paid the
19 Desember 2024, Bank telah membayar tax underpayment for amounting to Rp 3,684.
kurang bayar pajak sebesar Rp 3.684.
On 7 March 2025, the Bank submitted objection
Pada tanggal 7 Maret 2025, Bank mengajukan letters on the tax assesssments.
keberatan atas surat ketetapan pajak di atas.
Bank menerima Keputusan Keberatan yang The Bank received the Objection Decision was
diterbitkan pada tanggal 15 Desember 2025 issued on 15 December 2025, for Corporate
untuk PPh Badan, 4 Desember 2025 untuk Income Tax, on 4 December 2025, for Final
Pajak Final, 5 Desember 2025 untuk PPN Income Tax, on 5 December 2025, for VAT for the
Periode Juni 2021, dan untuk PPN periode June 2021 period, and on 8 December 2025, for
September dan November 2021, diterbitkan VAT for the September and November 2021
pada tanggal 8 Desember 2025. periods.
Bank berencana akan mengajukan surat The Bank plan to submit a tax appeal letters for
permohonan banding atas surat keputusan di the above decisions.
atas.
Tahun Pajak 2020 Fiscal Year 2020
Pada tanggal 7 Maret 2025, Bank telah On 7 March 2025, Bank received Notification for
menerima surat perintah pemeriksaan pajak Tax Audit for year 2020.
untuk tahun 2020.
Pada tanggal 27 October 2025, Direktorat On 27 October 2025, the Directorate General of
Jenderal Pajak mengeluarkan Surat Ketetapan Taxes issued a Tax Underpayment Assessment
Pajak Kurang Bayar (SKPKB) untuk seluruh Letter (SKPKB) for all types of taxes amounting
jenis pajak dengan jumlah sebesar Rp 29.140 to Rp 29,140 for Corporate Income Tax
yaitu untuk PPh Badan sebesar Rp 21.058 dan amounting to Rp 21,058 and Article 23 Income
PPh Pasal 23 sebesar Rp 180 dan PPh Pasal Tax amounting to Rp 180 and Article 26 Income
26 sebesar Rp 1.703 dan PPh Pasal 4(2) Tax amounting to Rp 1,703 and Article 4(2)
sebesar Rp 3 serta PPN sebesar Rp 6.195 Atas Income Tax amounting to Rp 3 and VAT
SKPKB tersebut Bank telah melakukan amounting to Rp 6,195. The Bank has made full
pembayaran seluruh SKPKB pada tanggal payment of the SKPKB on 26 November 2025.
26 November 2025.
Bank berencana akan mengajukan surat The Bank plan to submit a tax objection letter
permohonan keberatan pajak atas SKPKB. against the SKPKB.
Tahun Pajak 2024 Fiscal Year 2024
Pada bulan September 2025, Bank telah On September 2025, Bank has received Tax
menerima Surat Pemberitahuan Pemeriksaan Audit Notification Letter.
Pajak.
Sampai saat ini proses pemeriksaan sedang Until now, the tax audit process is still on going.
berlangsung.
134
570 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 573
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP 16. FIXED ASSETS
Aset tetap terdiri dari: Fixed assets consist of the following:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Saldo awal/ Pengukuran Saldo akhir/
Beginning Penambahan/ Pengurangan Reklasifikasi/ kembali/ Ending
balance Additions / Deductions Reclassification Remeasurement balance
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 1,049,011) -) -) (26,113)* - 1,022,898) Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Tanah 28,023) -) -) -) - 28,023) Land
Gedung 468,977) 2,670) (658) 24,030* - 495,019) Buildings
Kendaraan bermotor 511,340) 53,109) (51,634) (36,290)** - 476,525) Motor vehicles
Perlengkapan kantor 1,960,652) 89,895) (156,336) 115,544***) - 2,009,755) Office equipments
Leasehold Leasehold
improvement 647,116) 21,572) (35,805) 9,806) - 642,689) improvement
Aset dalam Construction in
pembangunan 36,295) 139,764) (22,364) (137,853) - 15,842) progress
3,652,403) 307,010) (266,797) (24,763) - 3,667,853)
Aset hak guna 1,356,733) 155,945) (92,694) -) 109,916 1,529,900) Right-of-use assets
6,058,147) 462,955) (359,491) (50,876) 109,916 6,220,651)
Accumulated
Akumulasi penyusutan depreciation
Gedung (334,183) (20,080) 658) 4,089*) - (349,516) Buildings
Kendaraan bermotor (257,124) (66,030) 50,348) -) - (272,806) Motor vehicles
Perlengkapan kantor (1,645,296) (154,159) 155,323) -) - (1,644,132) Office equipments
Leasehold
Leasehold improvement (608,589) (46,990) 35,805) -) - (619,774) improvement
(2,845,192) (287,259) 242,134) 4,089) - (2,886,228)
Aset hak guna (928,533) (191,997) 91,698) -) - (1,028,832) Right-of-use assets
(3,773,725) (479,256) 333,832) 4,089) - (3,915,060)
2,284,422) 2,305,591)
Nilai buku bersih Net book value
*) Termasuk reklasifikasi aset tetap Bank yang terdiri atas tanah dan bangunan Included reclassification of the Bank’s fixed assets consisting of *)
ke aset lain-lain dengan nilai buku sebesar Rp 27.070. land and building to other assets with book value amounted Rp 27,070
**) Reklasifikasi aset tetap Entitas anak yang terdiri atas kendaraan bermotor ke Reclassification of the Subsidiaries’ fixed assets consisting of motor vehicles **)
aset lain-lain dengan nilai buku sebesar Rp 36.290. to other assets with book value amounted Rp 36,290
***) Termasuk reklasifikasi aset tetap Bank anak yang terdiri atas perlengkapan Included reclassification of the Bank’s fixed assets consisting of ***)
kantor dari aset takberwujud dengan nilai buku sebesar Rp 16.573. office equipments from intangible assets with book value amounted Rp 16,573
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Penambahan
dari akuisisi/
Saldo awal/ Additions Saldo akhir/
Beginning from Penambahan/ Pengurangan Reklasifikasi/ Revaluasi/ Ending
balance acquisition Additions / Deductions Reclassification Revaluation balance
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 1,041,197) - - - -) 7,814 1,049,011 Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Tanah - 28,765 - (742) -) - 28,023 Land
Gedung 418,901) 40,885 623 (2,413) 10,981) - 468,977 Buildings
Kendaraan
bermotor 254,306) 328,068 33,841 (117,344) 12,469* - 511,340 Motor vehicles
Perlengkapan
kantor 1,476,348) 430,217 78,871 (87,780) 62,996** - 1,960,652 Office equipments
Leasehold Leasehold
improvement 589,914) 71,999 22,079 (40,715) 3,839) - 647,116 improvement
Aset dalam Construction in
pembangunan 43,875) - 91,915 (29,829) (69,666) - 36,295 progress
2,783,344) 899,934 227,329 (278,823) 20,619) - 3,652,403
Right-of-use
Aset hak guna 1,215,709) 218,561 149,359 (226,896) -) - 1,356,733 assets
5,040,250) 1,118,495 376,688 (505,719) 20,619) 7,814 6,058,147
Akumulasi Accumulated
penyusutan depreciation
Gedung (287,315) (30,998) (18,223) 2,353 -) - (334,183) Buildings
Kendaraan
bermotor (167,309) (69,523) (63,360) 43,068 -) - (257,124) Motor vehicles
Perlengkapan
kantor (1,216,486) (350,491) (165,315) 86,996 -) - (1,645,296) Office equipments
Leasehold Leasehold
improvement (543,069) (63,393) (42,708) 40,581 -) - (608,589) improvement
(2,214,179) (514,405) (289,606) 172,998 -) - (2,845,192)
Right-of-use
Aset hak guna (778,259) (144,141) (197,217) 191,084 -) - (928,533) assets
(2,992,438) (658,546) (486,823) 364,082 -) - (3,773,725)
2,047,812) 2,284,422
Nilai buku bersih Net book value
*) Reklasifikasi aset tetap Entitas anak yang terdiri atas kendaraan bermotor ke Reclassification of the Subsidiaries’ fixed assets consisting of motor vehicles *)
aset lain-lain dengan nilai buku sebesar Rp 12.469 to other assets with book value amounted Rp 12,469
**) Termasuk reklasifikasi aset tetap Bank anak yang terdiri atas perlengkapan Included reclassification of the Bank’s fixed assets consisting of **)
kantor dari aset takberwujud dengan nilai buku sebesar Rp 8.150. office equipments from intangible assets with book value amounted Rp 8,150
135
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 571
Page 574
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Rincian keuntungan penjualan aset tetap adalah Detail of the gain on sale of fixed assets was as
sebagai berikut: follows:
31 Desember/December
2025 2024
Hasil atas penjualan aset tetap 8,536) 41,720) Proceeds from sale of fixed assets
Nilai buku bersih (1,230) (23,170) Net book value
Keuntungan penjualan aset tetap 7,306) 18,550) Gains on sale of fixed assets
Aset hak-guna meliputi transaksi sewa yang The right-of-use assets include the Bank’s lease
dilakukan Bank dimana Bank menyewa bangunan transactions whereby the Bank leases buildings for
untuk ruang kantor. Sewa ruang kantor secara its office. The leases of office space typically run for
umum berlaku untuk periode 3 - 10 tahun. a period of 3 - 10 years. Some leases include an
Beberapa sewa termasuk opsi untuk option to renew the lease for an additional period of
memperbaharui periode sewa dengan tambahan the same duration after the end of the contract term.
durasi yang sama setelah kontrak berakhir. Bank The Bank also leases vehicles and equipment with
juga menyewa kendaraan dan peralatan dengan contract terms of 2 - 5 years, apartments, and
periode kontrak 2 - 5 tahun, apartemen dan rumah employee residences with contract terms of 2 years
dinas dengan periode kontrak 2 tahun, dan and IT equipment and machinery with contract terms
peralatan IT dan mesin dengan periode kontrak of 3 - 5 years.
3 - 5 tahun.
Aset hak-guna juga meliputi transaksi sewa yang The right-of-use assets also include the Subsidiary’s
dilakukan Entitas Anak dimana Entitas Anak lease transactions whereby the Subsidiary
menyewa bangunan untuk ruang kantor. Sewa leases buildings for its office. The leases of
ruang kantor secara umum berlaku untuk periode office space typically run for a period of
3 - 10 tahun. Beberapa sewa termasuk opsi untuk 3 - 10 years. Some leases include an option to renew
memperbaharui periode sewa dengan tambahan the lease for an additional period of the same
durasi yang sama setelah kontrak berakhir. Entitas duration after the end of the contract term. The
Anak juga menyewa kendaraan dan peralatan Subsidiary also leases vehicles and equipment with
dengan periode kontrak 3 - 5 tahun dan peralatan contract terms of 3 - 5 years and IT equipment and
IT dan mesin dengan periode kontrak 3 - 5 tahun. machinery with contract terms of 3 - 5 years.
Aset dalam pembangunan pada tanggal Assets under construction as of 31 December 2025
31 Desember 2025 dan 2024 masing-masing and 2024 amounted to Rp 15,842 and
sebesar Rp 15.842 dan Rp 36.295 merupakan Rp 36,295, respectively, related to buildings that
gedung yang disewa dari pihak ketiga dan masih were rented from third parties but was still in the
dalam tahap renovasi dan perlengkapan kantor renovation progress and office equipments that were
yang masih dalam tahap konstruksi. Konstruksi still under construction. Those constructions are
tersebut diperkirakan akan selesai pada tahun estimated to be completed in 2026 with current
2026 dengan persentase penyelesaian adalah percentages of completion between 1% - 83% as of
antara 1% - 83% pada tanggal 31 Desember 2025 31 December 2025 (31 December 2024: 15% - 93%).
(31 Desember 2024: 15% - 93%).
Pada tanggal 31 Desember 2025 dan 2024, aset As of 31 December 2025 and 2024, fixed assets,
tetap, kecuali tanah, telah diasuransikan kepada except for land, have been insured by the third party
perusahaan asuransi pihak ketiga (disajikan insurance companies (presented at sum insured):
sebesar nilai pertanggungan):
31 Desember/December
2025 2024
PT Asuransi MSIG Indonesia 786,107 820,156 PT Asuransi MSIG Indonesia
PT Asuransi Sinar Mas 222,373 213,247 PT Asuransi Sinar Mas
PT Zurich General Takaful Indonesia 180,846 180,846 PT Zurich General Takaful Indonesia
PT Asuransi Tokio Marine 229 2,602 PT Asuransi Tokio Marine
Jumlah 1,189,555 1,216,851 Total
Nilai buku untuk aset yang diasuransikan pada The book value of the assets insured as of
tanggal 31 Desember 2025 dan 2024 masing- 31 December 2025 and 2024 is Rp 541,162 and
masing sebesar Rp 541.162 dan Rp 540.474. Rp 540,474, respectively.
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2025,the Bank’s
31 Desember 2025, terdapat aset tetap Bank yang fixed assets consisting of land and building were
terdiri atas tanah dan bangunan telah direklasifikasi reclassified as abandoned property with book value
ke properti terbengkalai dengan nilai buku sebesar amounted Rp 27,070.
Rp 27.070.
136
572 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 575
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Grup berpendapat bahwa nilai pertanggungan The Group believes that the insurance coverage is
asuransi cukup untuk menutup kemungkinan kerugian adequate to cover possible losses arising from the
dari aset tetap tersebut. fixed assets.
Pada tanggal 31 Desember 2025, Bank melakukan As of 31 December 2025, the Bank performed a review
peninjauan kembali atas masa manfaat, metode on useful life, depreciation method and residual value
penyusutan dan nilai residu aset tetap dan of fixed assets and concluded that a change in the
menyimpulkan bahwa diperlukan perubahan untuk useful life of Network and Server which previously had
masa manfaat atas Network dan Server yang a useful life of 4 years to 6 years. The change was
merupakan kelompok aset Inventaris Kantor yang made because the Bank’s management concluded
sebelumnya memiliki masa manfaat selama 4 tahun that the the asset group could still capable of providing
menjadi 6 tahun. Perubahan tersebut dilakukan karena future economic benefits as long as vendor support is
manajemen Bank melihat bahwa kelompok aset available, which is generally provided for 6 years.
tersebut masih dapat terus digunakan selama masih
menerima support dari vendor yang pada umumnya
masih diberikan selama 6 tahun.
Perubahan estimasi umur manfaat ini merupakan This change in estimated useful lives represent a
perubahan estimasi akutansi dan diterapkan secara change in accounting estimate and had been applied
prospektif sesuai dengan PSAK 208 Kebijakan prospectively in accordance with PSAK 208
Akuntansi, Perubahan Estimasi Akuntansi, dan Accounting Policies, Changes in Accounting Estimate,
Kesalahan. Dengan demikian, perubahan tersebut and Errors. Therefore, this change has no impact on
tidak berdampak terhadap laporan keuangan periode the financial statements of prior peiods.
sebelumnya.
Sebagai dampak dari perpanjangan umur manfaat As a result of the extension of the useful lives of the
aset tersebut, beban penyusutan pada periode assets, depreciation expenses for the current and
berjalan dan periode mendatang akan menurun atas future periods will decrease for Network and Server
aset Network dan Server yang merupakan kelompok assets, which are part of the Office Inventory asset
aset Inventaris Kantor. Dampak pada nilai beban group. The impact on the previously recorded
penyusutan yang sudah dibukukan sebelumnya dan depreciation expense that needs to be adjusted
perlu dilakukan penyesuaian sebesar Rp 973. amounts to Rp 973.
Pada tanggal 31 Desember 2025, Entitas Anak As of 31 December 2025, the Subsidiaries performed
melakukan peninjauan kembali atas masa manfaat, a review on useful life, depreciation method and
metode penyusutan dan nilai residu aset tetap dan residual value of fixed assets and concluded that no
menyimpulkan bahwa tidak diperlukan perubahan atas change in these method and assumptions was
metode dan asumsi tersebut. necessary.
Pada tanggal 31 Desember 2024, Grup melakukan As of 31 December 2024, the Group performed a
peninjauan kembali atas masa manfaat, metode review on useful life, depreciation method and residual
penyusutan dan nilai residu aset tetap dan value of fixed assets and concluded that no change in
menyimpulkan bahwa tidak diperlukan perubahan atas these method and assumptions was necessary.
metode dan asumsi tersebut.
Penyusutan aset tetap untuk tahun-tahun yang The depreciation of fixed assets for the periods ended
berakhir pada tanggal 31 Desember 2025 dan 2024 31 December 2025 and 2024 amounting to
masing-masing sebesar Rp 287.259 dan Rp 289.606 Rp 287,259 and Rp 289,606, was charged to general
dibebankan pada beban umum dan administrasi and administrative expenses (Note 37).
(Catatan 37).
Penyusutan aset hak guna untuk tahun-tahun yang The depreciation of right-of-use asset for the years
berakhir pada tanggal 31 Desember 2025 dan 2024 ended 31 December 2025 and 2024 amounting to
masing-masing sebesar Rp 191.997 dan Rp 197.217 Rp 191,997 and Rp 197,217, respectively, was
dibebankan pada beban umum dan administrasi charged to general and administrative expenses
(Catatan 37). (Note 37).
137
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 573
Page 576
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Pada tanggal 31 Desember 2025, aset tetap yang As of 31 December 2025, fixed assets that have been
sudah disusutkan penuh namun masih digunakan fully depreciated but were still in use to support the
untuk menunjang aktivitas operasi Grup adalah Group’s operational activities amounted to
sebesar Rp 2.262.855 (31 Desember 2024: Rp 2,262,855 (31 December 2024: Rp 2,140,637).
Rp 2.140.637).
Manajemen Grup berpendapat bahwa tidak terdapat The Group’s management believes that there was no
indikasi adanya penurunan nilai atas aset tetap pada indication of impairment in the value of fixed assets as
tanggal 31 Desember 2025 dan 2024. of 31 December 2025 and 2024.
Pada tanggal 31 Desember 2025 dan 2024, tidak As of 31 December 2025 and 2024, there was no fixed
terdapat aset tetap yang digunakan sebagai jaminan asset pledged as collateral and no limitation on the
dan semua aset tetap tidak dibatasi kepemilikannya. ownership of fixed assets.
Revaluasi tanah Revaluation of land
Penilaian terakhir atas tanah terakhir dilakukan oleh The latest valuations of land were last perfomed by the
Bank untuk periode berakhir 30 September 2023 oleh Bank for the period ended 30 September 2023 by
KJPP Susan Widjojo dan Rekan, penilai properti KJPP Susan Widjojo dan Rekan, an external
independen eksternal yang telah terdaftar di OJK, independent property appraiser which are registered
yang memenuhi kualifikasi profesional dan with OJK, who fulfills the professional qualifications
berpengalaman di lokasi dan kategori aset yang and experience in the location and category of the
dinilai, dengan nomor laporan 00341/2.0068- assets being valued, with report number
00/PI/07/0525/1/XII/2023 tanggal 7 Desember 2023. 00341/2.0068-00/PI/07/0525/1/XII/2023 dated 7
December 2023.
Penilaian atas tanah dilakukan oleh Entitas Anak The valuations of land were perfomed by Subsidiary
pada tahun 2024 oleh KJPP Susan Widjojo dan for period 2024 by KJPP Susan Widjojo dan Rekan, an
Rekan, penilai properti independen eksternal yang external independent property appraiser which are
telah terdaftar di OJK, yang memenuhi kualifikasi registered with OJK, who fulfills the professional
profesional dan berpengalaman di lokasi dan kategori qualifications and experience in the location and
aset yang dinilai. Dilakukan pembukuan atas surplus category of the assets being valued. The surplus on
revaluasi aset tanah pada tahun 2024. revaluation of land recorded in 2024.
Penilaian dilakukan berdasarkan POJKRI No. Valuations were performed based on POJKRI No.
28/POJK.04/2021 tentang Penilaian dan Penyajian 28/POJK.04/2021 about Valuation and Presentation of
Laporan Penilaian Properti di Pasar Modal, serta Property Valuation Reports in the Capital Market, as
Kode Etik Penilai Indonesia dan Standar Penilaian well as the Indonesian Appraisal Code of Ethics and
Indonesia Edisi VII tahun 2018 (KEPI & SPI Edisi VII- Indonesian Valuation Standards VII Edition 2018
2018). Metode penilaian yang dipakai adalah metode (KEPI & SPI VII Edition-2018). The valuation method
data pasar. Elemen-elemen yang digunakan dalam used was market value approach. Elements used in
perbandingan data untuk menentukan nilai wajar aset data comparison to determine fair value of assets,
antara lain: among others were as follows:
a) Jenis dan hak yang melekat pada properti a) Types and rights attached to the property
b) Karakteristik tanah b) Land characteristics
c) Kondisi pasar c) Market condition
d) Kondisi ekonomi d) Economy condition
e) Letak dan waktu e) Location and time
138
574 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 577
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Revaluasi tanah (lanjutan) Revaluation of land (continued)
Nilai wajar ditentukan dengan menggunakan Fair values are determined using the following
hierarki dan input-input yang digunakan dalam hierarchy of input used in the valuation techniques for
teknis penilaian untuk aset non-keuangan: non-financial assets:
- Level 1: Input yang berasal dari harga kuotasian - Level 1: Inputs that are derived from quoted prices
(tanpa penyesuaian) dalam pasar aktif untuk aset (unadjusted) in active markets for identical assets.
yang identik.
- Level 2: Input selain harga kuotasian pasar dalam - Level 2: Inputs other than quoted market price
level 1 yang dapat diobservasi baik secara langsung included in level 1 that are observable either directly
maupun tidak langsung. or indirectly.
- Level 3: Input yang tidak dapat diobservasi. - Level 3: Inputs that are unobservable
Pengukuran nilai wajar diatas dikategorikan sebagai The above fair value measurement has been
nilai wajar Level 2 berdasarkan input-input dalam categorized as Level 2 fair value based on the inputs
teknik penilaian yang digunakan. to the valuation technique used.
Selisih penilaian kembali tanah pada tanggal The differences arising on land of revaluation as of
31 Desember 2024 dicatat sebagai keuntungan 31 December 2024 were recorded as gain on
revaluasi aset tetap dan disajikan pada penghasilan revaluation of fixed assets and presented in other
komprehensif lain sebesar Rp 7.814. Sampai comprehensive income amounting to Rp 7,814,
dengan 31 Desember 2024, terdapat reklasifikasi respectively. Until 31 December 2024, there were
revaluasi aset tetap ke saldo laba sebesar reclassification from revaluation of fixed assets to
Rp 19.179 yang disebabkan oleh penjualan aset retained earnings of Rp 19,179 caused by sale of
terbengkalai. Pada tanggal 31 Desember 2025, abandoned assets. As of 31 December 2025, there is
tidak terdapat perubahan revaluasi aset tetap. no changes in land of revaluation.
Jumlah harga perolehan tanah Grup pada tanggal The acquisition cost of the Group’s land as of
31 Desember 2025 dan 2024 sebesar Rp 79.519. 31 December 2025 and 2024 amounting to
Rp 79,519.
17. ASET TAKBERWUJUD DAN GOODWILL 17. INTANGIBLE ASSETS AND GOODWILL
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deductions Reclassification* balance
Harga perolehan Cost
Piranti lunak 4,559,707) 141,590) (158,151) 220,971) 4,764,117) Software
Pengembangan piranti lunak 151,692) 211,705) (514) (237,544) 125,339) Software development
Merek dagang 61,060) -) -) -) 61,060) Trademarks
Hubungan pelanggan 325,061) -) -) -) 325,061) Customer relationship
Total aset takberwujud 5,097,520) 353,295) (158,665) (16,573) 5,275,577) Total intangible assets
Goodwill 1,098,209) -) -) -) 1,098,209) Goodwill
Akumulasi amortisasi Accumulated amortization
Piranti lunak (3,339,258) (424,203) 158,151) -) (3,605,310) Software
Merek dagang (2,290) (3,053) -) -) (5,343) Trademarks
Hubungan pelanggan (45,065) (60,086) -) -) (105,151) Customer relationship
(3,386,613) (487,342) 158,151) -) (3,715,804)
2,809,116) 2,657,982)
Nilai buku bersih Net book value
*) Reklasifikasi mengurangi nilai aset takberwujud dan menambah nilai aset tetap Reclassification deduction of intangible assets balance and *)
addition to fixed asset balances
139
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 575
Page 578
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
17. ASET TAKBERWUJUD DAN GOODWILL 17. INTANGIBLE ASSETS AND GOODWILL
(lanjutan) (continued)
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Penambahan Saldo
Saldo awal/ dari akuisisi/ akhir/
Beginning Additions from Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance acquisition Additions Deductions Reclassification* balance
Harga perolehan Cost
Piranti lunak 3,232,014) 986,055) 97,400) (81,138) 325,376) 4,559,707) Software
Pengembangan piranti
lunak 248,025) -) 237,193) -) (333,526) 151,692) Software development
Merek dagang -) 61,060) -) -) -) 61,060) Trademarks
Hubungan pelanggan -) 325,061) -) -) -) 325,061) Customer relationship
Total aset takberwujud 3,480,039) 1,372,176) 334,593) (81,138) (8,150) 5,097,520) Total intangible assets
Goodwill 61,116 1,037,093) -) -) -) 1,098,209) Goodwill
Accumulated
Akumulasi amortisasi amortization
Piranti lunak (2,451,771) (585,495) (376,585) 74,593) -) (3,339,258) Software
Merek dagang -) -) (2,290) -) -) (2,290) Trademarks
Hubungan pelanggan -) -) (45,065) -) -) (45,065) Customer relationship
(2,451,771) (585,495) (423,940) 74,593) -) (3,386,613)
Nilai buku bersih 1,089,384) 2,809,116) Net book value
*) Reklasifikasi mengurangi nilai aset takberwujud dan menambah nilai aset tetap Reclassification deduction of intangible assets balance and *)
addition to fixed asset balances
Sisa periode amortisasi untuk piranti lunak adalah The remaining amortization period of software is
1 sampai dengan 8 tahun. 1 to 8 years.
Goodwill merupakan selisih antara nilai perolehan Goodwill represents the difference between the cost of
dengan nilai wajar dari aset Entitas Anak yang acquisition and the fair value of Subsidiary’s assets
diakuisisi. acquired.
Pada 27 Maret 2024, terdapat penambahan merek On 27 March 2024, there is additional trademarks,
dagang, hubungan pelanggan, piranti lunak dan customer relationship, software and goodwill.
goodwill. Merek dagang, hubungan pelanggan dan Trademarks, customer relationship and software
piranti lunak berasal dari nilai valuasi atas akuisisi derived from valuation amount of acquisition of PT Oto
PT Oto Multiartha dan PT Summit Oto Finance. Multiartha dan PT Summit Oto Finance. Goodwill
Goodwill merupakan selisih antara nilai perolehan represents the difference between the cost of
dengan nilai wajar dari aset PT Oto Multiartha dan PT acquisition and the fair value of PT Oto Multiartha and
Summit Oto Finance yang masing-masing diakuisisi PT Summit Oto Finance assets acquired by the Bank
oleh Bank sebesar 51%. amounted 51%, respectively.
Manajemen Grup berpendapat bahwa tidak terdapat The Group’s management believes that there was no
indikasi adanya penurunan nilai aset takberwujud dan impairment in the value of intangible assets and
goodwill pada tanggal 31 Desember 2025 dan 2024. goodwill as of 31 December 2025 and 2024.
Amortisasi aset takberwujud untuk tahun-tahun yang The amortization of intangible assets for the periods
berakhir pada tanggal 31 Desember 2025 dan 2024 ended 31 December 2025 and 2024 amounted to
masing-masing sebesar Rp 487.342 dan Rp 487,342 and Rp 423,940, respectively, and was
Rp 423.940 dan dibebankan sebagai beban umum charged to general and administrative expenses (Note
dan administrasi (Catatan 37). 37).
140
576 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 579
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. ASET LAIN-LAIN – BERSIH 18. OTHER ASSETS – NET
31 Desember/December
2025 2024
Tagihan kredit lainnya 347,889) 306,328) Other credit receivables
Agunan yang diambil alih 283,303) 245,620) Foreclosed collaterals
Wesel ekspor lainnya 276,635) 260,408) Other export bills
Uang muka 176,733) 165,962) Advance payment
Jaminan kontrak 174,950) 159,467) Security deposits
Transaksi ATM dan transfer 59,183) 72,881) ATM transaction and transfer
Tagihan penyelesaian surat berharga 45,993) 85,780) Receivables from sales of securities
Properti terbengkalai 27,070) -) Abandoned property
Aset dimiliki untuk dijual 5,602) 11,352) Asset held for sale
Aset imbalan kerja -) 17,147) Employee benefit assets
Lain-lain 241,149) 284,614) Others
1,638,507) 1,609,959)
Dikurangi: Cadangan kerugian penurunan
nilai (157,077) (189,329) Less: Allowance for impairment losses
1,481,430) 1,420,630)
Tagihan kredit lainnya terdiri dari tagihan bunga Other credit receivables consist of overdue interest
yang masih tertunggak dari debitur sebelum receivables from debtors prior to restructuring and
restrukturisasi dan penalti keterlambatan bayar penalty for late payments of loans.
untuk pinjaman yang diberikan.
Wesel ekspor lainnya adalah tagihan yang timbul Other export bills are receivables from negotiation of
dari negosiasi dokumen wesel ekspor dalam export bills in usance L/C transactions which have
transaksi usance L/C yang belum diakseptasi. not been accepted.
Uang muka merupakan uang muka pembelian Advance payment consists of advances for purchace
inventaris, beban perjalanan dinas dan uang muka on office supplies, business trip allowances and other
operasional lainnya. operational advances.
Jaminan kontrak merupakan pembayaran atas uang Security deposits represent security deposits
jaminan sewa gedung, sewa IT dan setoran jaminan payment on building rent, IT rent and switching agent
lembaga switching untuk transaksi real time transfer. pre-fund deposits for real time transfer transactions.
Transaksi ATM dan transfer terdiri dari piutang atas ATM transaction and transfer consists of receivables
transaksi ATM dan transfer antar bank yang akan from ATM transaction and transfer from other banks
diselesaikan pada hari kerja berikutnya. that will be settled on the following working day.
Tagihan penyelesaian surat berharga merupakan Receivables from sales of securities represent
tagihan yang akan diterima dari pihak ketiga atas receivables from third parties for sales of securities
penjualan surat berharga yang belum diselesaikan which have not been settled at the end of the day.
pada akhir hari.
Aset imbalan kerja merupakan kelebihan Employee benefit assets derived from overfunding in
pendanaan pada aset program di mana terdapat plan asset program which provide future economic
manfaat ekonomik masa depan untuk entitas. benefit to the entity.
Lain-lain terdiri dari berbagai macam tagihan dari Others mainly consist of various receivables from
transaksi kepada pihak ketiga. transactions with third parties.
141
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 577
Page 580
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. ASET LAIN-LAIN – BERSIH (lanjutan) 18. OTHER ASSETS – NET (continued)
Cadangan kerugian penurunan nilai aset lain-lain Allowance for impairment losses for other assets as
pada tanggal 31 Desember 2025 dan 2024 dibentuk of 31 December 2025 and 2024 was made mainly
sebagian besar untuk tagihan kredit lainnya. made for other credit receivables. The movement of
Perubahan dalam cadangan kerugian penurunan the allowance for impairment losses for other assets
nilai aset lain-lain adalah sebagai berikut: was as follows:
31 Desember/December
2025 2024
Saldo awal (189,329) (105,572) Beginning balance
Penambahan dari akuisisi -) (59,862) Addition due to acquisition
Pemulihan (penyisihan) selama Reversal (provision) during
tahun berjalan (Catatan 38) 22,228) (23,895) the year (Note 38)
Penghapusbukuan selama tahun berjalan 10,135) -) Write-off during the year
Lainnya (111) -) Others
Saldo akhir (157,077) (189,329) Ending balance
Manajemen berpendapat bahwa cadangan yang Management believes that the allowance for losses
dibentuk cukup untuk menutup kemungkinan was adequate to cover impairment losses on other
kerugian akibat penurunan nilai aset lain-lain pada assets as of 31 December 2025 and 2024.
tanggal 31 Desember 2025 dan 2024.
19. LIABILITAS SEGERA 19. OBLIGATIONS DUE IMMEDIATELY
Seluruh liabilitas segera dengan pihak ketiga. All obligations due immediately were to third parties.
31 Desember/December
2025 2024
Rupiah: Rupiah:
Titipan transaksi surat berharga 42,104 20,771 Unsettled securities transaction
Hutang kepada pihak ketiga 12,873 15,935 Payables to third parties
Titipan bagi hasil deposito 2,666 2,142 Unsettled profit-sharing of time deposits
Titipan uang notaris 418 3,032 Unsettled notary transactions
Kiriman uang yang belum diselesaikan 212 45 Unsettled remittance transactions
Lain-lain 2,082 5,931 Others
60,355 47,856
Mata uang asing: Other currencies:
Titipan transaksi surat berharga 1,274 946 Unsettled securities transaction
Kiriman uang yang belum diselesaikan 23,366 96 Unsettled remittance transactions
24,640 1,042
84,995 48,898
Titipan transaksi surat berharga merupakan Unsettled securities transaction represent the
tampungan atas uang penjualan surat berharga payment of securities that have not been settled.
yang belum diselesaikan.
142
578 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 581
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH 20. DEPOSITS FROM CUSTOMERS
31 Desember/December
2025 2024
Pihak ketiga: Third parties:
- Giro 28,817,277 25,495,855 Current accounts -
- Tabungan 23,307,003 18,955,433 Savings deposits -
- Deposito berjangka 43,286,645 49,265,819 Time deposit -
- Deposito on call 25,347,934 17,679,561 Deposits on call -
120,758,859 111,396,668
Pihak berelasi: Related parties:
- Giro 36,683 89,637 Current accounts -
- Tabungan 175,078 72,353 Savings deposits -
- Deposito berjangka 94,709 134,801 Time deposits -
- Deposito on call 6,000 25,000 Deposits on call -
312,470 321,791
121,071,329 111,718,459
Beban bunga yang masih harus dibayar 212,699 267,398 Accrued interest expenses
121,284,028 111,985,857
Berdasarkan mata uang: By currency:
31 Desember/December
2025 2024
Simpanan nasabah: Deposits from customers:
Rupiah 92,901,909 89,872,417 Rupiah
Dolar Amerika Serikat 25,661,566 19,420,933 United States Dollar
Yen Jepang 1,715,577 1,903,548 Japanese Yen
Mata uang asing lainnya 792,277 521,561 Other foreign currencies
121,071,329 111,718,459
Beban bunga yang masih harus dibayar 212,699 267,398 Accrued interest expenses
121,284,028 111,985,857
a. Giro a. Current accounts
Berdasarkan mata uang: By currency:
31 Desember/December
2025 2024
Rupiah 15,953,069 16,496,150 Rupiah
Dolar Amerika Serikat 11,330,126 7,386,936 United States Dollar
Yen Jepang 1,393,221 1,565,974 Japanese Yen
Mata uang asing lainnya 177,544 136,432 Other foreign currencies
28,853,960 25,585,492
Beban bunga yang masih harus
dibayar 1,548 1,986 Accrued interest expenses
28,855,508 25,587,478
Giro Wadiah yang dikelola oleh Entitas Anak Wadiah current account managed by Subsidiary
masing-masing sebesar Rp 42.562 dan amounted to Rp 42,562 and Rp 6,792 as of
Rp 6.792 pada tanggal 31 Desember 2025 dan 31 December 2025 and 2024, respectively.
2024.
143
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 579
Page 582
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
a. Giro (lanjutan) a. Current accounts (continued)
Tingkat suku bunga rata-rata giro per tahun: The average interest rate per annum for current
accounts:
31 Desember/December
2025 2024
Rupiah 1.64% 2.04% Rupiah
Mata uang asing 1.76% 1.66% Foreign currencies
Saldo giro yang diblokir masing-masing Total current accounts which were blocked
sebesar Rp 1.151.999 dan Rp 455.495 pada amounted to Rp 1,151,999 and Rp 455,495 as of
tanggal 31 Desember 2025 dan 2024. 31 December 2025 and 2024, respectively. The
Pemblokiran giro sebagian besar dikarenakan blocking of current accounts is mainly because
giro tersebut diperuntukkan sebagai akun the current accounts are designated as escrow
tampungan untuk cicilan pinjaman yang accounts for loan installments and as collaterals
diberikan dan sebagai agunan pinjaman yang for loans.
diberikan.
b. Tabungan b. Saving deposits
Berdasarkan jenis: By type:
31 Desember/December
2025 2024
Tabungan “Jenius” 19,250,307 13,832,695 “Jenius” Savings
Tabungan “Tepat Tabungan “Tepat Tabungan Kelompok Syariah”
Kelompok Syariah” 2,183,103 2,062,460 Savings
Tabungan “Citra Pensiun” 1,271,032 2,281,503 “Citra Pensiun” Savings
Tabungan “Se To” 593,588 647,240 “Se To” Savings
Tabungan “Pasti” 107,171 131,140 “Pasti” Savings
Tabungan “Tepat Tabungan” 53,376 55,559 “Tepat Tabungan” Savings
Lain-lain 23,504 17,189 Others
23,482,081 19,027,786
Beban bunga yang masih harus
dibayar 2,411 1,737 Accrued interest expenses
23,484,492 19,029,523
Berdasarkan mata uang: By currency:
31 Desember/December
2025 2024
Simpanan nasabah Deposits from customers
Rupiah 21,782,880 17,543,742 Rupiah
Dolar Amerikat Serikat 911,278 806,392 United States Dollar
Yen Jepang 306,899 315,975 Japanese Yen
Mata uang asing lainnya 481,024 361,677 Other foreign currencies
23,482,081 19,027,786
Beban bunga yang masih harus
dibayar 2,411 1,737 Accrued interest expenses
23,484,492 19,029,523
144
580 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 583
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
b. Tabungan (lanjutan) b. Saving deposits (continued)
Tingkat suku bunga rata-rata tabungan per Average interest rate per annum for saving
tahun: deposits:
31 Desember/December
2025 2024
Rupiah 3.39% 2.56% Rupiah
Mata uang asing 1.54% 1.50% Foreign currencies
Saldo tabungan yang diblokir pada tanggal Total saving deposits which were blocked as of
31 Desember 2025 dan 2024 masing-masing 31 December 2025 and 2024 amounted to
sebesar Rp 9.379.809 dan Rp 5.772.910. Rp 9,379,809 and Rp 5,772,910, respectively.
Pemblokiran tabungan sebagian besar The blocking of saving accounts is mainly
dikarenakan tabungan tersebut diperuntukkan because the saving accounts are designated as
sebagai dana nasabah yang tidak dapat ditarik customer funds that cannot be withdrawn until the
hingga tanggal jatuh tempo yang telah specified maturity date.
ditentukan.
c. Deposito berjangka c. Time deposits
Berdasarkan mata uang: By currency:
31 Desember/December
2025 2024
Deposito berjangka Time Deposits
Rupiah 39,464,772 42,661,896 Rupiah
Dolar Amerika Serikat 3,774,902 6,705,975 United States Dollar
Dolar Singapura 122,724 23,452 Singapore dollar
Yen Jepang 7,971 9,297 Japanese Yen
Lainnya 10,985 - Others
43,381,354 49,400,620
Beban bunga yang masih harus
dibayar 165,679 194,118 Accrued interest expenses
43,547,033 49,594,738
Berdasarkan jangka waktu: By time period:
31 Desember/December
2025 2024
Hingga 1 bulan 19,448,067 23,320,389 Up to 1 month
Lebih dari 1 - 3 bulan 14,862,872 16,197,359 More than 1 - 3 months
Lebih dari 3 - 6 bulan 6,146,105 5,872,338 More than 3 - 6 months
Lebih dari 6 - 12 bulan 2,909,471 3,995,992 More than 6 - 12 months
Lebih dari 1 tahun 14,839 14,542 More than 1 year
43,381,354 49,400,620
Beban bunga yang masih harus
dibayar 165,679 194,118 Accrued interest expenses
43,547,033 49,594,738
145
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 581
Page 584
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
c. Deposito berjangka (lanjutan) c. Time deposits (continued)
Berdasarkan tingkat suku bunga: By interest rate:
31 Desember/December
2025 2024
Hingga 3% 606,667 1,466,679 Up to 3%
Lebih dari 3 - 5% 29,216,294 19,361,515 More than 3 - 5%
Lebih dari 5 - 7% 13,558,393 28,572,426 More than 5 - 7%
43,381,354 49,400,620
Beban bunga yang masih harus
dibayar 165,679 194,118 Accrued interest expenses
43,547,033 49,594,738
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for time
deposito: deposits:
31 Desember/December
2025 2024
Rupiah 5.32% 5.30% Rupiah
Mata uang asing 4.11% 4.65% Foreign currencies
Saldo deposito berjangka yang diblokir atau Total time deposits blocked or pledged for
dijadikan jaminan kredit pada tanggal collaterals of loans as of 31 December 2025 and
31 Desember 2025 dan 2024, masing-masing 2024 amounted to Rp 1,293,211 and
sebesar Rp 1.293.211 dan Rp 503.134. Rp 503,134, respectively. The blocking of time
Pemblokiran deposito berjangka sebagian deposits is mainly because the time deposits are
besar dikarenakan deposito berjangka tersebut designated as collateral for loans and escrow
diperuntukkan sebagai agunan pinjaman yang accounts for loan installments.
diberikan dan sebagai akun tampungan untuk
cicilan pinjaman yang diberikan.
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
d. Deposito on call d. Deposits on call
Berdasarkan mata uang: By currency:
31 Desember/December
2025 2024
Deposito on call Deposits on call
Rupiah 15,701,188 13,170,629 Rupiah
Dolar Amerika Serikat 9,645,260 4,521,630 United States Dollar
Yen Jepang 7,486 12,302 Japanese Yen
25,353,934 17,704,561
Beban bunga yang masih harus
dibayar 43,061 69,557 Accrued interest expenses
25,396,995 17,774,118
146
582 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 585
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
d. Deposito on call (lanjutan) d. Deposits on call (continued)
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for deposits on call:
deposito on call:
31 Desember/December
2025 2024
Rupiah 5.02% 5.19% Rupiah
Mata uang asing 3.63% 4.38% Foreign currencies
21. SIMPANAN DARI BANK-BANK LAIN 21. DEPOSITS FROM OTHER BANKS
31 Desember/December
2025 2024
Pihak ketiga 841,831 58,472 Third parties
Pihak berelasi 3,637,817 699,242 Related parties
4,479,648 757,714
Beban bunga yang masih harus
dibayar 10,364 - Accrued interest expenses
4,490,012 757,714
a. Berdasarkan jenis: a. By type:
31 Desember/December
2025 2024
Giro 974,087 752,714 Current accounts
Deposito berjangka 32,311 5,000 Time deposits
Call money 3,473,250 - Call money
4,479,648 757,714
Beban bunga yang masih harus
dibayar 10,364 - Accrued interest expenses
4,490,012 757,714
Tidak ada saldo simpanan dari bank-bank lain There were no deposits from other banks which
yang diblokir atau dijadikan jaminan pada were blocked or pledged as of
tanggal 31 Desember 2025 dan 2024. 31 December 2025 and 2024.
b. Berdasarkan mata uang: b. By currency:
31 Desember/December
2025 2024
Dolar Amerika Serikat 3,401,700 - United States Dollar
Rupiah 1,006,398 757,714 Rupiah
Yuan China 71,550 - China Yuan
4,479,648 757,714
Beban bunga yang masih harus
dibayar 10,364 - Accrued interest expenses
4,490,012 757,714
147
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 583
Page 586
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
21. SIMPANAN DARI BANK-BANK LAIN (lanjutan) 21. DEPOSITS FROM OTHER BANKS (continued)
c. Tingkat suku bunga rata-rata per tahun: c. Average interest rate per annum:
31 Desember/December
2025 2024
Rupiah Rupiah
Call money 5.89% 6.69% Call money
Deposito berjangka 4.20% 4.06% Time deposits
Giro 0.00% 0.00% Current accounts
Dolar Amerika Serikat United States Dollar
Call money 4.53% 6.06% Call money
d. Jangka waktu: d. Time period:
31 Desember/December
2025 2024
Sesuai permintaan 974,087 752,714 On demand
Kurang dari 1 bulan 1,734,200 - Less than 1 month
Lebih dari 1 - 3 bulan 1,750,161 5,000 More than 1 - 3 months
Lebih dari 3 - 6 bulan 16,000 - More than 3 - 6 months
Lebih dari 6 – 9 bulan 200 - More than 6 – 9 months
Lebih dari 1 tahun 5,000 - More than 1 year
4,479,648 757,714
Beban bunga yang masih harus
dibayar 10,364 - Accrued interest expenses
4,490,012 757,714
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
22. EFEK-EFEK YANG DITERBITKAN 22. SECURITIES ISSUED
Utang obligasi Bonds payable
Peringkat/ 31 Desember/December
Rating 2025 2024
Nilai nominal: Nominal value:
Bank Bank
- Obligasi Berkelanjutan V Shelf Registered Bonds V -
Tahap I AAA(idn)* 355,060) 355,060) Phase I
- Obligasi Berkelanjutan V Shelf Registered Bonds V -
Tahap II AAA(idn)* 1,396,415) 1,396,415) Phase II
- Obligasi Berkelanjutan V Shelf Registered Bonds V -
Tahap III AAA(idn)* 816,050) -) Phase III
2,567,525) 1,751,475)
Entitas Anak Subsidiaries
- Obligasi Berkelanjutan I Oto Oto Multiartha Shelf
Multiartha Tahap I Tahun Registered Bonds I -
2023 idAAA** 500,000) 500,000) Phase I Year 2023
- Obligasi Berkelanjutan I Oto Oto Multiartha Shelf
Multiartha I Tahap II Tahun Registered Bonds I -
2024 idAAA** 444,730) 700,000) Phase II Year 2024
- Obligasi Berkelanjutan I Oto Oto Multiartha Shelf
Multiartha I Tahap III Tahun Registered Bonds I -
2025 idAAA** 800,000) -) Phase III Year 2025
- Obligasi Berkelanjutan I Oto Oto Multiartha Shelf
Multiartha I Tahap IV Registered Bonds I -
Tahun 2025 idAAA** 1,000,000) -) Phase IV Year 2025
Obligasi Berkelanjutan I Summit Summit Oto Finance Shelf
Oto Finance I Tahap I Registered Bonds I -
Tahun 2025 idAAA** 1,500,000) -) Phase I Year 2025
4,244,730) 1,200,000)
Dikurangi: Less:
Biaya emisi yang belum Unamortized bonds
diamortisasi (18,214) (11,551) issuance costs
6,794,041) 2,939,924)
Ditambah: Add:
Beban bunga yang masih harus
dibayar 29,416) 21,117 Accrued interest expenses
6,823,457) 2,961,041
*) Berdasarkan peringkat dari PT Fitch Ratings Indonesia *) Based on rating by PT Fitch Ratings Indonesia
**) Berdasarkan peringkat dari PT Pemeringkat Efek Indonesia **) Based on rating by PT Pemeringkat Efek Indonesia
148
584 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 587
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
31 Desember/December
2025 2024
Utang obligasi sesuai dengan Bonds payable based on
jangka waktunya: time period:
Kurang dari 1 tahun - 255,270 Less than 1 year
1 – 3 tahun 3,542,720 429,705 1 – 3 years
Lebih dari 3 tahun 3,269,535 2,266,500 More than 3 years
6,812,255 2,951,475
Informasi lain mengenai utang obligasi pada tanggal Other information relating to bonds payable as of
31 Desember 2025 dan 2024 adalah sebagai berikut: 31 December 2025 and 2024 was as follows:
Tingkat bunga
Nilai tetap/ Tanggal
nominal/ Fixed penerbitan/
Seri/ Nominal interest Date of Jatuh tempo/ Cicilan pokok obligasi/
Series value rate issuance Due date Bonds principal installment
Obligasi Berkelanjutan V Tahap I/Shelf Registered Bonds V Phase I:
Seri/ Pembayaran penuh pada saat jatuh
Series A 114,755 7.00% 5 Juli/July 2024 5 Juli/July 2027 tempo/Bullet payment on due date
Seri/ Pembayaran penuh pada saat jatuh
Series B 240,305 7.10% 5 Juli/July 2024 5 Juli/July 2029 tempo/Bullet payment on due date
Obligasi Berkelanjutan V Tahap II/Shelf Registered Bonds V Phase II:
Seri/ 17 Desember/ 17 Desember/ Pembayaran penuh pada saat jatuh
Series A 429,910 6.70% December 2024 December 2027 tempo/Bullet payment on due date
Seri/ 17 Desember/ 17 Desember/ Pembayaran penuh pada saat jatuh
Series B 966,505 6.95% December 2024 December 2029 tempo/Bullet payment on due date
Obligasi Berkelanjutan V Tahap III/Shelf Registered Bonds V Phase III:
Seri/ 2 September/ 2 September/ Pembayaran penuh pada saat jatuh
Series A 670,650 6.10% September 2025 September 2028 tempo/Bullet payment on due date
Seri/ 2 September/ 2 September/ Pembayaran penuh pada saat jatuh
Series B 145,400 6.20% September 2025 September 2030 tempo/Bullet payment on due date
Obligasi Berkelanjutan I Oto Multiartha Tahap I/Oto Multiartha Shelf Registered Bonds I Phase I:
Seri/ Pembayaran penuh pada saat jatuh
Series A 315,000 6.35% 7 Juli/July 2023 7 Juli/July 2026 tempo/Bullet payment on due date
Seri/ Pembayaran penuh pada saat jatuh
Series B 185,000 6.50% 7 Juli/July 2023 7 Juli/July 2028 tempo/Bullet payment on due date
Obligasi Berkelanjutan I Oto Multiartha Tahap II/Oto Multiartha Shelf Registered Bonds I Phase II:
Seri/ 4 September/ 14 September/ Pembayaran penuh pada saat jatuh
Series A 255,270 6.55% September 2024 September 2025 tempo/Bullet payment on due date
Seri/ 4 September/ 4 September/ Pembayaran penuh pada saat jatuh
Series B 114,705 6.90% September 2024 September 2027 tempo/Bullet payment on due date
Seri/ 4 September/ 4 September/ Pembayaran penuh pada saat jatuh
Series C 330,025 7.10% September 2024 September 2029 tempo/Bullet payment on due date
Obligasi Berkelanjutan I Oto Multiartha Tahap III/Oto Multiartha Shelf Registered Bonds I Phase III:
Seri/ 27 Maret/ 7 April/ Pembayaran penuh pada saat jatuh
Series A 438,300 6.40% March 2025 April 2026 tempo/Bullet payment on due date
Seri/ 27 Maret/ 27 Maret/ Pembayaran penuh pada saat jatuh
Series B 29,500 6.80% March 2025 March 2028 tempo/Bullet payment on due date
Seri/ 27 Maret/ 27 Maret/ Pembayaran penuh pada saat jatuh
Series C 332,200 7.00% March 2025 March 2030 tempo/Bullet payment on due date
Obligasi Berkelanjutan I Oto Multiartha Tahap IV/Oto Multiartha Shelf Registered Bonds I Phase IV:
Seri/ 18 Juni/ 18 Juni/ Pembayaran penuh pada saat jatuh
Series A 300,000 7.00% June 2025 June 2028 tempo/Bullet payment on due date
Seri/ 18 Juni/ 18 Juni/ Pembayaran penuh pada saat jatuh
Series B 700,000 7.20% June 2025 June 2030 tempo/Bullet payment on due date
Obligasi Berkelanjutan I Summit Oto Finance Tahap I/Summit Oto Finance Shelf Registered Bonds I Phase I:
Seri/ 25 Juni/ 5 Juli/ Pembayaran penuh pada saat jatuh
Series A 581,500 6.55% June 2025 July 2026 tempo/Bullet payment on due date
Seri/ 25 Juni/ 25 Juni/ Pembayaran penuh pada saat jatuh
Series B 548,400 7.35% June 2025 June 2028 tempo/Bullet payment on due date
Seri/ 25 Juni/ 25 Juni/ Pembayaran penuh pada saat jatuh
Series C 370,100 7.45% June 2025 June 2029 tempo/Bullet payment on due date
149
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 585
Page 588
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
Pembayaran bunga obligasi dilakukan setiap Bonds interests are paid every 3 months and bonds
3 bulan dan pembayaran pokok dilakukan pada saat principals are paid on the maturity date. The Group
jatuh tempo. Grup telah melakukan pembayaran has paid the bonds principal and interest based on
pokok dan bunga obligasi sesuai dengan jadwal. the schedule.
Bank Bank
Perjanjian perwaliamanatan mengatur beberapa The trustee agreements provide several negative
pembatasan yang harus dipenuhi oleh Bank, yaitu covenants that should be complied by the Bank, that
antara lain bahwa sebelum dilunasinya obligasi, among others, prior to the repayment of the bonds,
Bank tanpa ijin tertulis dari wali amanat, tidak the Bank, without the written permission from the
diperkenakan melakukan hal-hal sebagai berikut: trustee, is not allowed to do the followings:
1. Mengurangi modal dasar, modal ditempatkan 1. Decrease the authorized capital, issued capital
dan modal disetor, kecuali untuk kondisi and paid-up capital, except for the certain
tertentu sebagaimana yang disebutkan dalam conditions as sated in the Trustee Agreement;
Perjanjian Perwaliamanatan;
2. Melakukan penggabungan dan/atau 2. Conducting merger and/or separation and/or
pemisahan dan/atau peleburan dengan acquisition with other companies that cause the
perusahaan lain yang menyebabkan bubarnya dissolution of the Bank, which will materially
Bank, yang secara material akan berdampak negatively affect the continuity of the Bank's
negatif terhadap kelangsungan usaha Bank business or the Bank's ability to fulfill the Bank's
atau kemampuan Bank dalam pemenuhan obligations to the Bonds, except for the certain
kewajiban Bank terhadap obligasi, kecuali conditions as stated in the Trustee Agreement;
untuk kondisi tertentu sebagaimana yang
disebutkan dalam Perjanjian
Perwaliamanatan;
3. Melakukan transaksi dengan pihak Afiliasi 3. Conduct transactions with affiliated parties
kecuali bila transaksi tersebut tidak melanggar except if the transaction does not comply with
ketentuan BI dan/atau ketentuan OJK; BI regulations and/or OJK regulations;
4. Menerbitkan obligasi atau instrumen surat 4. Issuing bonds or other debt instruments that is
utang lain yang sejenis dengan obligasi yang similar with bonds that have a higher position,
mempunyai kedudukan lebih tinggi, dan and the payment is prior to the bonds;
pembayarannya didahulukan dari obligasi;
5. Melakukan kegiatan usaha selain yang 5. Conducting business activities other than those
disebutkan dalan anggaran dasar Bank pada stated in the articles of association of the Bank
saat ditandatanganinya Perjanjian at the time of signing the Trustee Agreement;
Perwaliamanatan;
6. Melakukan penjualan atau pengalihan aktiva 6. To sell or transfer assets belonging to the Bank
milik Bank kepada pihak manapun, baik to any party, either in whole or in part, which
seluruhnya atau sebagian besar, yang exceeds 50% of all assets belonging to the
melebihi 50% dari seluruh aktiva milik Bank Bank based on the latest audited financial
bedasarkan laporan keuangan terakhir yang statements by a public accounting firm.
telah diaudit oleh kantor akuntan publik.
PT Oto Multiartha PT Oto Multiartha
PT Oto Multiartha tidak menyelenggarakan PT Oto Multiartha does not put up a sinking fund for
penyisihan dana untuk pelunasan obligasi ini. the repayment of bonds. These bonds are not
Obligasi ini tidak dijamin dengan piutang khusus secured by any special guarantee as documented in
sebagaimana termuat dalam Perjanjian Trustee Agreement between PT Oto Multiartha and
Perwaliamanatan antara PT Oto Multiartha dan PT PT Bank Mandiri (Persero) Tbk., as the trustee
Bank Mandiri (Persero) Tbk. Sebagai wali amanat which was prepared by Aulia Taufani, S.H., notary in
yang dibuat oleh Aulia Taufani, S.H., notaris di Jakarta.
Jakarta.
PT Oto Multiartha dapat membeli kembali (buy PT Oto Multiartha can buy back or sell part or all the
back) atau menjual obligasi baik seluruhnya bonds issued in the market. Buy back can be made
maupun sebagian di pasar terbuka. Pembelian at any time 1 (one) year after the allotment date as
kembali dapat dilakukan setiap saat setelah 1 (satu) mentioned in the prospectus.
tahun setelah tanggal penjatahan sebagaimana
disebutkan dalam prospektus.
150
586 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 589
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Perjanjian perwaliamanatan mengatur beberapa The trustee agreement provides several restrictive
pembatasan termasuk pembatasan keuangan (rasio covenants as well as financial covenant (debt to equity
utang terhadap modal) yang harus dipenuhi oleh PT ratio) that should be complied by PT Oto Multiartha,
Oto Multiartha yaitu antara lain bahwa sebelum that among others, prior to the repayment of the bonds
dilunasinya obligasi, PT Oto Multiartha tanpa ijin payable, without the written consent from the trustee,
tertulis dari wali amanat, tidak diperkenankan PT Oto Multiartha is not allowed to:
melakukan hal-hal sebagai berikut:
1. Melakukan penggabungan atau peleburan atau 1. Conduct merger or acquisition or take over
pengambilalihan kecuali penggabungan, except for merger or acquisition or take overheld
peleburan atau pengambilalihan yang dilakukan by PT Summit Oto Finance or with other
dengan atau pada PT Summit Oto Finance atau company under similar business activities with no
pada perusahaan lain dengan bidang usaha negative impact to the PT Oto Multiartha’s going
yang sama dan tidak mempunyai dampak concern or its ability to pay its bonds obilgations;
negatif terhadap jalannya usaha
atau kemampuan PT Oto Multiartha dalam
melakukan pembayaran kewajiban obligasinya;
2. Memperoleh pinjaman baru yang memiliki 2. Obtain a new loan which has higher ranking than
kedudukan lebih tinggi dari kedudukan utang the bonds payable, except for the borrowing for
yang timbul dalam obligasi, kecuali pinjaman financing PT Oto Multiartha’s business activities,
untuk pembiayaan kegiatan usaha PT Oto refinancing of existing borrowing and existing
Multiartha, refinancing utang yang telah ada dan borrowings from the other company that
pinjaman yang telah ada sebelumnya oleh conducted merger or acquisition or take over
perusahaan yang diambil alih, digabung atau with;
dilebur oleh PT Oto Multiartha;
3. Menjaminkan dan/atau membebani dengan cara 3. Pledge and/or encumber in any manner the
apapun aset termasuk hak atas pendapatan PT assets of PT Oto Multiartha, both for the existing
Oto Multiartha, baik yang ada sekarang maupun and future assets, except for security related to
yang akan diperoleh di masa yang akan datang, the allowed borrowings as stated in the trustee
kecuali jaminan sehubungan dengan pinjaman agreement;
yang diperbolehkan sesuai dengan Perjanjian
Perwaliamanatan;
4. Memberikan pinjaman kepada pihak manapun 4. Provide loan to any party except for the
kecuali pinjaman yang telah ada sebelumnya, previously existing loans receivable, loans
pinjaman yang diberikan dalam rangka receivable arising from PT Oto Multiartha’s
menjalankan kegiatan usaha PT Oto Multiartha, business activities, and loans to the employees of
dan pinjaman kepada karyawan PT Oto Multiartha for the welfare program;
PT Oto Multiartha untuk program kesejahteraan
pegawai PT Oto Multiartha;
5. Mengubah bidang usaha PT Oto Multiartha 5. Change PT Oto Multiartha’s business activities
sesuai dengan Anggaran Dasar terkecuali dalam from the Articles of Association, except in relation
kaitannya dengan perubahan undang-undang to amendment to prevailing acts or law and
atau peraturan perundang-undangan; regulations;
6. Mengurangi modal dasar, modal ditempatkan 6. Decrease PT Oto Multiartha’s authorized, issued
dan modal disetor. and paid-up capital.
PT Summit Oto Finance PT Summit Oto Finance
PT Summit Oto Finance tidak menyelenggarakan PT Summit Oto Finance does not put up a sinking
penyisihan dana untuk pelunasan obligasi ini. fund for the repayment of these bonds. These bonds
Obligasi ini tidak dijamin dengan jaminan khusus are not secured by special guarantee documented
sebagaimana termuat dalam Perjanjian in Trustee Agreement between PT Summit Oto
Perwaliamanatan antara PT Summit Oto Finance Finance and PT Bank Mandiri (Persero) Tbk., as the
dengan PT Bank Mandiri (Persero) Tbk., sebagai trustee which was prepared by Aulia Taufani, S.H.,
wali amanat yang dibuat oleh Aulia Taufani S.H., notary in Jakarta.
notaris di Jakarta.
151
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 587
Page 590
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
PT Summit Oto Finance (lanjutan) PT Summit Oto Finance (continued)
PT Summit Oto Finance dapat membeli kembali PT Summit Oto Finance can buy back or sell part or
(buy back) atau menjual obligasi baik seluruhnya all the bonds issued in the market. Buy back can be
maupun sebagian di pasar terbuka. Pembelian made at any time 1 (one) year after the allotment
kembali dapat dilakukan setiap saat setelah 1 (satu) date as mentioned in the prospectus.
tahun setelah tanggal penjatahan sebagaimana
disebutkan dalam prospektus.
Perjanjian perwaliamanatan mengatur beberapa The trustee agreement provides several restrictive
pembatasan termasuk pembatasan keuangan (rasio covenants as well as financial covenant (debt to equity
utang terhadap modal) yang harus dipenuhi oleh PT ratio) that should be complied by PT Summit Oto
Summit Oto Finance yaitu antara lain bahwa sebelum Finance, that among others, prior to the repayment of
dilunasinya obligasi, PT Summit Oto Finance tanpa the bonds payable, without the written consent from the
ijin tertulis dari wali amanat, tidak diperkenankan trustee, PT Summit Oto Finance is not allowed to:
melakukan hal-hal sebagai berikut:
1. Melakukan penggabungan atau peleburan atau 1. Conduct merger or acquisition or take over
pengambilalihan kecuali penggabungan, except for merger or acquisition or take overheld
peleburan atau pengambilalihan yang dilakukan by PT Oto Multiartha or with other company
dengan atau pada PT Oto Multiartha atau pada under similar business activities with no negative
perusahaan lain dengan bidang usaha yang impact to the PT Summit Oto Finance’s going
sama dan tidak mempunyai dampak negatif concern or its ability to pay its bonds obilgations;
terhadap jalannya usaha atau kemampuan
PT Summit Oto Finance dalam melakukan
pembayaran kewajiban obligasinya;
2. Memperoleh pinjaman baru, kecuali pinjaman 2. Obtain a new loan, except for the borrowing for
untuk pembiayaan kegiatan usaha PT Summit financing PT Summit Oto Finance’s business
Oto Finance; activities;
3. Menjaminkan dan/atau membebani dengan cara 3. Pledge and/or encumber in any manner the
apapun aset termasuk hak atas pendapatan PT assets of PT Summit Oto Finance, both for the
Summit Oto Finance, baik yang ada sekarang existing and future assets, except for security
maupun yang akan diperoleh di masa yang akan related to the allowed borrowings pursuant to the
datang, kecuali jaminan sehubungan dengan trustee agreement;
pinjaman yang diperbolehkan sesuai perjanjian
perwaliamanatan;
4. Memberikan pinjaman kepada pihak manapun 4. Provide loan to any party except for the
kecuali pinjaman yang telah ada sebelumnya, previously existing loans receivable, loans
pinjaman yang diberikan dalam rangka receivable arising from PT Summit Oto Finance’s
menjalankan kegiatan usaha PT Summit Oto business activities, and loans to the employees of
Finance, dan pinjaman kepada karyawan PT Summit Oto Finance for the welfare program;
PT Summit Oto Finance untuk program
kesejahteraan pegawai PT Summit Oto Finance;
5. Mengubah bidang usaha PT Summit Oto 5. Change PT Summit Oto Finance’s business
Finance sesuai dengan Anggaran Dasar activities from the Articles of Association, except
terkecuali dalam kaitannya dengan perubahan in relation to amendment to prevailing acts or law
undang-undang atau peraturan perundang- and regulations;
undangan;
6. Mengurangi modal dasar, modal ditempatkan 6. Decrease PT Summit Oto Finance’s authorized,
dan modal disetor; issued and paid-up capital;
Grup telah memenuhi pembatasan-pembatasan The Group was in compliance with covenants in
penting sehubungan dengan perjanjian utang obligasi relation to the bonds payable agreements and
dan memenuhi seluruh persyaratan yang disebutkan complied with all the requirements stated in the trustee
dalam perjanjian perwaliamanatan. agreement.
Beban bunga atas utang obligasi untuk tahun-tahun The interest expenses of bonds payable for the years
yang berakhir pada tanggal 31 Desember 2025 dan ended 31 December 2025 and 2024 amounted to
2024 masing-masing sebesar Rp 353.771 dan Rp 353,771 and Rp 74,585, respectively (Note 32).
Rp 74.585 (Catatan 32).
Informasi mengenai jatuh tempo utang obligasi Information in respect of maturities of bonds payable
diungkapkan di Catatan 45. was disclosed in Note 45.
152
588 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 591
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA 23. BORROWINGS
Pinjaman yang diterima terdiri dari pinjaman bank Borrowings consists of bank borrowings and non-
dan pinjaman bukan bank yang dilakukan dengan bank borrowings with related parties and third parties.
pihak berelasi dan pihak ketiga.
31 Desember/December
2025 2024
Pihak ketiga: Third parties:
Rupiah Rupiah
Pinjaman bank: Bank borrowings:
PT Bank Central Asia Tbk 4,481,597) 5,822,569) PT Bank Central Asia Tbk
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero)Tbk 500,000) 500,000) (Persero) Tbk
PT Bank Mizuho Indonesia 150,000) 180,000) PT Bank Mizuho Indonesia
PT Bank DBS Indonesia 100,000) 180,000) PT Bank DBS Indonesia
Deutsche Bank AG - Deutsche Bank AG -
Cabang Indonesia 100,000) -) Indonesia Branch
PT Bank HSBC Indonesia 100,000) -) PT Bank HSBC Indonesia
PT Bank Permata Tbk 72,222) 277,777) PT Bank Permata Tbk
PT Bank CTBC Indonesia 50,000) -) PT Bank CTBC Indonesia
5,553,819) 6,960,346)
Pinjaman bukan bank: Non-bank borrowings:
International Finance Corporation -) 1,364,600) International Finance Corporation
5,553,819) 8,324,946)
Mata uang asing Foreign currencies
Pinjaman bank: Bank borrowings:
Sumitomo Mitsui Trust Bank Sumitomo Mitsui Trust Bank Limited –
Limited – Cabang Singapura 2,167,750) 2,165,708) Singapore Branch
The Norinchukin Bank - Cabang The Norinchukin Bank -
Singapura 2,032,498) 1,295,661) Singapore Branch
Bank of America, N.A – Cabang Bank of America, N.A –
Jakarta 1,917,625) 145,459) Jakarta Branch
Mizuho Bank, Ltd. 1,707,050) 1,862,952) Mizuho Bank, Ltd.
Bank of America, N.A – Cabang Bank of America, N.A –
Tokyo 1,500,750) 1,454,580) Tokyo Branch
Deutsche Bank AG - Deutsche Bank AG –
Cabang Tokyo 1,357,875) 1,151,550) Tokyo Branch
PT Bank Permata Tbk 626,980) -) PT Bank Permata Tbk
MUFG Bank, Ltd. – Cabang
Jakarta 541,937) 2,141,465) MUFG Bank, Ltd. – Jakarta Branch
The Chiba Bank, Ltd. - Cabang The Chiba Bank, Ltd. –
Hong Kong 400,200) 484,860) Hong Kong Branch
12,252,665) 10,702,235)
Pinjaman bukan bank: Non-bank borrowings:
International Finance Corporation 8,337,500) 8,047,500) International Finance Corporation
20,590,165) 18,749,735)
Jumlah pihak ketiga 26,143,984) 27,074,681) Total third parties
Pihak berelasi: Related party:
Mata uang asing Foreign currencies
Pinjaman bank: Bank borrowings:
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 12,506,250) 22,452,525) Corporation
38,650,234) 49,527,206)
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (80,055) (113,321) Unamortized transaction costs
Ditambah: Add:
Beban bunga yang masih harus
dibayar 166,705) 244,342) Accrued interest expenses
38,736,884) 49,658,227)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
153 589
Page 592
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank a. Bank borrowings
Jumlah pokok pinjaman berdasarkan jangka Borrowing principals amount based on time
waktu: period:
31 Desember/December
2025 2024
Hingga 1 tahun 16,888,611 4,605,134) Up to 1 year
Lebih dari 1 - 2 tahun 10,296,885 11,642,256) More than 1 - 2 years
Lebih dari 2 – 3 tahun 934,488 15,462,900) More than 2 - 3 years
Lebih dari 3 tahun 2,192,750 8,404,816) More than 3 years
30,312,734 40,115,106)
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (27,058) (45,835) Unamortized transaction costs
Ditambah: Add:
Beban bunga yang masih harus
dibayar 139,051 170,960) Accrued interest expenses
30,424,727 40,240,231)
Bank Bank
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
Asia Tbk
Bank memiliki Pinjaman Bilateral dari The Bank had Bilateral Borrowing facilities from
PT Bank Central Asia Tbk, dengan PT Bank Central Asia Tbk, with total facilities as of
total fasilitas pada tanggal 31 Desember 2025 31 December 2025 amounted to Rp 5,500,000
sebesar Rp 5.500.000 (31 Desember 2024: (31 December 2024: Rp 5,000,000), with details as
Rp 5.000.000), dengan detil sebagai berikut: follows:
a) Perjanjian pinjaman revolving Term Loan I a) The facility agreement of revolving Term Loan
sebesar Rp 500.000 yang ditandatangani I amounting to Rp 500,000 was signed on 15
pada tanggal 15 Mei 2009 dan telah May 2009 and had been extended several
diperpanjang beberapa kali dengan times with the latest extension was signed on
perpanjangan terakhir kali ditandatangani 12 May 2022.
pada tanggal 12 Mei 2022.
Berdasarkan perjanjian fasilitas, batas waktu Based on the facility agreement, the availability
penggunaan fasilitas kredit adalah sampai period will be ended within
dengan 18 (delapan belas) bulan dari 18 (eighteen) months from the date of
tanggal perjanjian kredit. agreement.
Fasilitas harus ditarik dalam 18 (delapan The facility should be fully drawndown within
belas) bulan sejak tanggal perjanjian kredit. 18 (eighteen) months from the date of
Periode bunga adalah setiap agreement. The interest period is
3 (tiga) bulan berdasarkan suku bunga 3 (three) months based on JIBOR interest rate
JIBOR, dengan pembayaran bunga and the interest will be paid every due date.
dilakukan setiap tanggal jatuh tempo. Suku The interest rate for this facility is JIBOR +
bunga terhadap pinjaman ini adalah JIBOR + 0.40% shall be calculated from
0,40% berlaku terhitung sejak tanggal 13 Mei 13 May 2022 until the final maturity date.
2022 hingga tanggal jatuh tempo terakhir.
Pada tanggal 28 Desember 2023, Bank On 28 December 2023, the Bank made a
melakukan penarikan sebesar Rp 500.000, withdrawal of Rp 500,000, with a maturity date
dengan jatuh tempo pada 13 Mei 2025. on 13 May 2025. This loan was paid off on 9
Pinjaman ini telah dilunasi pada 9 Mei 2025 May 2025 and the loan was not extended.
dan pinjaman tidak diperpanjang.
b. Perjanjian pinjaman Revolving Term Loan III b) The facility agreement of Revolving Term
sebesar Rp 1.000.000 yang ditandatangani Loan III amounting to Rp 1,000,000 was
pada tanggal 1 April 2015 dan telah signed on 1 April 2015 and had been
diperpanjang beberapa kali dengan extended several times with the latest
perpanjangan terakhir kali ditandatangani extension was signed on 27 September 2023.
pada tanggal 27 September 2023.
590 154 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 593
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
b) Berdasarkan perjanjian fasilitas, batas b) Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) month of the date of agreement.
tanggal perjanjian kredit.
Jangka waktu pinjaman adalah The facility should be fully drawndown
18 (delapan belas) bulan sejak tanggal within 18 (eighteen) months from the date
Perjanjian Kredit. Periode bunga adalah of agreement. The interest period is
setiap 3 (tiga) bulan berdasarkan suku 3 (three) months based on JIBOR interest
bunga JIBOR, dengan pembayaran bunga rate and the interest will be paid of every
dilakukan setiap tanggal jatuh tempo. Suku due date. The interest rate for this facility is
bunga terhadap pinjaman ini adalah JIBOR JIBOR + 0.40% and calculated from
+ 0,40% terhitung sejak tanggal 1 Oktober 1 October 2023 until the final maturity date.
2023 hingga tanggal jatuh tempo terakhir.
Pada tanggal 22 Desember 2023, Bank On 22 December 2023, the Bank made an
melakukan penarikan kembali atas fasilitas another withdrawal amounted
ini sebesar Rp 1.000.000, dengan jatuh Rp 1,000,000, with a maturity date on 1 April
tempo pada 1 April 2025. Pinjaman ini 2025. This loan was paid off on 27 March
telah dilunasi pada 27 Maret 2025 dan 2025 and the loan was not extended.
pinjaman tidak diperpanjang.
c) Perjanjian pinjaman Non-revolving Term c) The facility agreement of Non-revolving
Loan IV sebesar Rp 1.000.000 Term Loan IV amounting Rp 1,000,000 was
ditandatangani pada tanggal signed on 10 June 2015 and had been
10 Juni 2015 dan telah diperpanjang extended several times with the latest
beberapa kali dengan perpanjangan extension was signed on 24 November
terakhir kali ditandatangani pada tanggal 2024.
24 November 2024.
Berdasarkan perjanjian fasilitas terakhir, Based on the latest facility agreement, the
batas waktu penggunaan fasilitas kredit availability period will be ended within
adalah sampai dengan 1 (satu) bulan dari 1 (one) month from the date of agreement.
tanggal perjanjian kredit. Suku bunga The interest rate for this facility is JIBOR +
terhadap pinjaman ini adalah JIBOR + 0.4%.
0,4%.
Pada tanggal 24 November 2024, Bank On 24 November 2024, the Bank made an
melakukan penarikan kembali atas fasilitas another withdrawal on this facility amounted
ini sebesar Rp 1.000.000, dengan jatuh Rp 1,000,000, with a maturity date on
tempo pada 24 Mei 2026. 24 May 2026.
Pada bulan Desember 2025, Bank telah In December 2025, the Bank has signed an
menandatangani override agreement override agreement regarding the change in
terkait perubahan suku bunga acuan dari the benchmark interest rate from JIBOR 3-
JIBOR 3 bulan + 0,4% menjadi month + 0,4% to Compounded IndONIA 90-
Compounded IndONIA 90 hari + 1,1% p.a. day + 1,1% p.a. This interest rate
Penyesuaian suku bunga ini akan berlaku adjustment will become effective on
efektif pada tanggal 24 Februari 2026. 24 February 2026.
d) Perjanjian pinjaman Non-revolving Term d) The facility agreement of Non-revolving
Loan II sebesar Rp 2.500.000 Term Loan II amounting Rp 2,500,000 was
ditandatangani pada tanggal 29 April 2020 signed on 29 April 2020 and had been
dan telah diperpanjang dengan amended with the latest amendment signed
perpanjangan terakhir kali ditandatangani on 4 November 2024.
pada tanggal 4 November 2024.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) months from the date of agreement.
tanggal perjanjian kredit.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
155 591
Page 594
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
d) Periode bunga adalah setiap 3 (tiga) bulan, d) The interest period is 3 (three) months and
dengan pembayaran bunga dilakukan the interest will be paid every due date. The
setiap tanggal jatuh tempo. Suku bunga interest rate for this facility is JIBOR + 0.4%.
terhadap pinjaman ini adalah
JIBOR + 0,4%.
Pada tanggal 4 November 2024, Bank On 4 November 2024, the Bank made a
melakukan penarikan sebesar withdrawal of Rp 2,500,000, with a maturity
Rp 2.500.000, dengan jatuh tempo pada date on 4 May 2026.
4 Mei 2026.
Pada bulan Desember 2025, Bank telah In December 2025, the Bank has signed an
menandatangani override agreement override agreement regarding the change in
terkait perubahan suku bunga acuan dari the benchmark interest rate from JIBOR 3-
JIBOR 3 bulan + 0,4% menjadi month + 0,4% to Compounded IndONIA 90-
Compounded IndONIA 90 hari + 1,1%. day + 1,1%. This interest rate adjustment
Penyesuaian suku bunga ini akan berlaku will become effective on 4 February 2026.
efektif pada tanggal 4 Februari 2026.
e) Perjanjian pinjaman Revolving Time Loan e) The facility agreement of Revolving Time
VI sebesar Rp 2.000.000 ditandatangani Loan VI amounting Rp 2,000,000 was
pada tanggal 20 Oktober 2025. signed on 20 October 2025.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) months from the date of agreement.
tanggal perjanjian kredit.
Jangka waktu pinjaman adalah The facility should be fully drawndown
18 (delapan belas) bulan sejak tanggal within 18 (eighteen) months from the date
Perjanjian Kredit. of agreement.
Periode bunga adalah setiap 3 (tiga) bulan The interest period is
berdasarkan suku bunga Compounded 3 (three) months based on Compounded
IndONIA, dengan pembayaran bunga IndONIA interest rate and the interest will be
dilakukan setiap tanggal jatuh tempo. Suku paid of every due date. The interest rate for
bunga terhadap pinjaman ini adalah this facility is Compounded IndONIA 90-day
Compounded IndONIA 90 hari + 1,1%. + 1,1%.
Pada tanggal 31 Desember 2025, total fasilitas As of 31 December 2025, the total unused
PT Bank Central Asia Tbk yang belum facilities of PT Bank Central Asia Tbk amounted
digunakan adalah sebesar Rp 2.000.000. Pada to Rp 2,000,000. As of 31 December 2024, the
tanggal 31 Desember 2024, Bank telah Bank has utilized all borrowing facility.
menggunakan seluruh fasilitas yang ada.
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, there was
tidak terdapat pembatasan-pembatasan no certain covenant which was required to be
tertentu yang dipersyaratkan. maintained.
592 156 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 595
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral PT Bank Rakyat Bilateral Borrowing with PT Bank Rakyat
Indonesia Tbk Indonesia Tbk
Bank mendapatkan fasilitas Pinjaman Bilateral The Bank obtained a Bilateral Loan facility with
dengan PT Bank Rakyat Indonesia, dengan PT Bank Rakyat Indonesia, with a total facility of
total fasilitas sebesar Rp 500.000. Fasilitas ini Rp 500,000. This facility was signed on
ditandatangani pada tanggal 20 Desember 20 December 2024.
2024.
Berdasarkan perjanjian fasilitas, batas waktu Based on the facility agreement, the credit facility
penggunaan fasilitas kredit adalah sampai usage deadline is up to 1 (one) month from the
dengan 1 (satu) bulan dari tanggal perjanjian date of the credit agreement.
kredit.
Jangka waktu pinjaman adalah 18 (delapan The loan term is 18 (eighteen) months from the
belas) bulan sejak tanggal Perjanjian Kredit. date of the Credit Agreement.
Pada tanggal 27 Desember 2024, Bank On 27 December 2024, the Bank made a
melakukan penarikan sebesar Rp 500.000, withdrawal of Rp 500,000, with an interest rate of
dengan suku bunga 7,5% per tahun dan jatuh 7.5% per annum and due on 26 June 2026.
tempo pada tanggal 26 Juni 2026. Pembayaran Interest payments are made every 3 (three)
bunga dilakukan setiap 3 (tiga) bulan, yang months, starting on 27 March 2025 and ending
dimulai pada tanggal 27 Maret 2025 dan akan on 26 June 2026.
berakhir pada tanggal 26 Juni 2026.
Pada tanggal 31 Desember 2025 dan 2024, On 31 December 2025 and 2024, the Bank has
Bank telah menggunakan seluruh fasilitas yang utilized all existing facilities.
ada.
Pada tanggal 31 Desember 2025 dan 2024, On 31 December 2025 and 2024, there are no
tidak terdapat pembatasan-pembatasan specific restrictions required.
tertentu yang dipersyaratkan.
Pinjaman Bilateral Sumitomo Mitsui Bilateral Borrowing with Sumitomo Mitsui
Banking Corporation - Cabang Singapura Banking Corporation - Singapore Branch
Bank mendapatkan revolving long-term The Bank entered into revolving long-term
borrowings dengan Sumitomo Mitsui Banking borrowings with Sumitomo Mitsui Banking
Corporation - Cabang Singapura, dengan total Corporation - Singapore Branch, with total facility
fasilitas setara dengan USD 3.625.000.000 amounting to equivalent of USD 3,625,000,000
(nilai penuh). Fasilitas ini dapat ditarik dalam (full amount). The facility can be drawn in US
mata uang Dolar AS atau jumlah yang setara Dollars or the amount equivalent thereof in any
dari jumlah tersebut dalam mata uang selain other currencies other than US Dollars and
dari Dolar AS dan Dolar Singapura. Singapore Dollars.
Total pinjaman yang ditarik dari fasilitas ini pada Total outstanding amount drawn from this facility
tanggal 31 Desember 2025 adalah sebesar as of 31 December 2025 amounted to
USD 750.000.000 (nilai penuh) (31 Desember USD 750,000,000 (full amount) (31 December
2024: USD 1.395.000.000 (nilai penuh)). 2024: USD 1,395,000,000 (full amount)).
Pinjaman ini akan jatuh tempo berkisar antara This borrowing will mature ranging from
tanggal 21 Oktober 2026 sampai 29 Maret 21 October 2026 until 29 March 2027.
2027.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
157 593
Page 596
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bank (lanjutan) b. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral Sumitomo Mitsui Bilateral Borrowing with Sumitomo Mitsui
Banking Corporation - Cabang Singapura Banking Corporation - Singapore Branch
(lanjutan) (continued)
Tingkat suku bunga kontraktual setahun atas Contractual interest rate per annum on long-term
pinjaman jangka panjang ini adalah cost of fund borrowings is cost of fund plus certain margin.
ditambah margin tertentu. Untuk posisi pada For position as of 31 December 2025, the
tanggal 31 Desember 2025, marjin yang applied margin was 0.50% (for total outstanding
diterapkan adalah 0,50% (untuk total pinjaman amount of USD 750,000,000 (full amount)). For
USD 750.000.000 (nilai penuh)). Untuk posisi position as of 31 December 2024, the applied
pada tanggal 31 Desember 2024, marjin yang margin was 0.50% (for total outstanding amount
diterapkan adalah 0,50% (untuk total pinjaman of USD 1,395,000,000 (full amount)).
USD 1.395.000.000 (nilai penuh)).
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, there was
tidak terdapat pembatasan-pembatasan no certain covenant which was required to be
tertentu yang disyaratkan dalam pinjaman maintainted in this long-term borrowing.
jangka panjang ini.
Pinjaman Bilateral Bank of America, N.A – Bilateral Borrowing with Bank of America,
Cabang Jakarta N.A – Jakarta Branch
Bank mendapatkan fasilitas long-term The Bank obtained long-term borrowings facility
borrowings dari Bank of America, N.A – Cabang from Bank of America, N.A – Jakarta Branch,
Jakarta, dengan total fasilitas sebesar USD with total facility amounting to USD 100,000,000
100.000.000 (nilai penuh). Fasilitas ini (full amount). This facility was signed on 12
ditandatangani pada tanggal 12 Desember December 2025.
2025.
Pada tanggal 18 Desember 2025, Bank On 18 December 2025, the Bank made a
melakukan penarikan sebesar USD withdrawal of USD 100,000,000 (full amount),
100.000.000 (nilai penuh), dengan tingkat suku with an interest rate of Term SOFR 3-month + 85
bunga Term SOFR 3 bulan + 85 bps dan jatuh bps and due on 18 December 2028. Interest
tempo pada tanggal 18 Desember 2028. payments are made every 3 (three) months,
Pembayaran bunga dilakukan setiap 3 (tiga) starting on 25 March 2026 and ending on 18
bulan, yang dimulai pada tanggal 25 Maret December 2028.
2026 dan akan berakhir pada tanggal 18
Desember 2028
Pada tanggal 31 Desember 2025, Bank telah On 31 December 2025, the Bank has utilized all
menggunakan seluruh fasilitas yang ada. existing facilities.
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan/kondisi keuangan yang covenants required from the Bank, such as:
harus dipenuhi oleh Bank antara lain:
- Rasio NPL tidak melebihi 5 persen; - NPL Ratio does not exceed 5 per cent;
- Rasio Kecukupan Modal tidak kurang dari - Capital Adequacy Ratio is not less than 9
9 persen; per cent.;
- Kekayaan Bersih Berwujud harus lebih - Tangible Net Worth shall be greater than
besar dari nol; dan zero; and
tetap mematuhi persyaratan peraturan Bank remains in compliance with any applicable
Indonesia dan OJK yang berlaku serta semua regulatory requirements of Bank Indonesia and
peraturan perundang-undangan lainnya yang OJK and all other applicable laws and
berlaku, termasuk yang berkaitan dengan regulations, including with respect to capital,
pengendalian modal, likuiditas, dan keuangan. liquidity and financial controls.
594 158 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 597
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak Subsidiaries
Pembayaran untuk
fasilitas-fasilitas jangka
Jangka waktu penarikan/ Panjang/ Repayment for
Jumlah Fasilitas/ Facility Amount Jaminan/ Collateral Availability Period Jatuh Tempo/ Maturity long-term facility
Pemberi pinjaman/ Tipe Fasilitas/ Type 31 Desember/ 31 Desember/
No. Lender of facility December 2025 December 2024
PT Oto Multiartha
1 PT Bank Permata Tbk Modal kerja tidak Rp 600,000 Rp 850,000 Piutang pembiayaan 6 Mei/May 2020 – 29 Agustus/August 2025: Rp 105,556
berulang/ (lihat Catatan 13)/ 29 Agustus/ 2028 USD 1,350,000
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Non-revolving Financing receivables August 2025 2024: Rp 87,500
working capital (see Notes 13)
2 PT Bank Central Asia Tbk Modal kerja berulang/ Rp 450,000 Rp 450,000 Piutang pembiayaan 10 April/April 2023 – 30 Juli/July 2031 2025: Rp 127,083
Revolving working (lihat Catatan 13)/ 30 Juni/June 2027 2024: Rp 93,750
capital Financing receivables
(see Notes 13)
Cerukan/Overdraft Rp 25,000 Rp 25,000 Piutang pembiayaan
(lihat Catatan 13)/
Financing receivables
(see Notes 13)
Modal kerja tidak Rp 1,500,000 Rp 1,000,000 Piutang pembiayaan
berulang/Non- (lihat Catatan 13)/
Revolving working Financing receivables
capital (see Notes 13)
3 MUFG Bank, Ltd – Cabang Modal kerja tidak USD 100,000,000 USD 100,000,000 Piutang pembiayaan 5 Maret/March 2021 – 15 September/ 2025: USD 50,000,000
Jakarta/Jakarta Branch berulang/ (lihat Catatan 13)/ 15 September/ September 2026 2024: USD 32,500,000
Non-revolving Financing receivables September 2023
working capital (see Notes 13)
4 Bank of America, N.A. – Modal kerja tidak USD 50,000,000 USD 50,000,000 Piutang pembiayaan 19 Mei/May 2023 – 19 November/ 2025: -
Cabang Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 19 November/November November 2026 2024: -
Non-revolving Financing receivables 2023
working capital (see Notes 13)
5 Sumitomo Mitsui Trust Bank Modal kerja berulang/ USD 20,000,000 USD 20,000,000 Tidak dijamin oleh 4 Juni/June 2020 – 28 Mei/May 2027 2025: USD 2,000,000
Limited – Cabang Revolving working apapun/Unsecured 27 Februari/February 2024: USD 1,000,000
Singapura/Singapore Branch capital 2026
Modal kerja berulang/ JPY 500,000,000 JPY 500,000,000 Tidak dijamin oleh
Revolving working apapun/Unsecured
capital
Modal kerja tidak USD 80,000,000 USD 140,000,000 Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
159
595
Page 598
596
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Jumlah Fasilitas/ Facility Amount Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
No Pemberi pinjaman/ Tipe Fasilitas/ Type of 31 Desember/ 31 Desember/ penarikan/ Availability Panjang/ Repayment for
. Lender facility December 2025 December 2024 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Oto Multiartha (lanjutan/continued)
6 Mizuho Bank Ltd. Modal kerja tidak JPY 14,000,000,000 JPY 14,000,000,000 Piutang pembiayaan 30 Juli/July 2020 – 15 Januari/January 2025: JPY 5,600,000,000
berulang/ (lihat Catatan 13)/ 15 Januari/January 2027 2024: JPY 1,800,000,000
Non-revolving working Financing receivables 2024
capital (see Notes 13)
7 The Norinchukin Bank – Modal kerja berulang/ JPY 1,000,000,000 JPY 3,000,000,000 Tidak dijamin oleh 31 Mei/May 2023 – 31 Maret/March 2028 2025: -
Cabang Singapura/ Revolving working apapun/Unsecured 30 April/April 2026 2024: -
Singapore Branch capital
Modal kerja tidak JPY 7,500,000,000 JPY 7,500,000,000 Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
8 Deutsche Bank, AG – Cabang Modal kerja tidak JPY 5,000,000,000 JPY 5,000,000,000 Piutang pembiayaan 29 Maret/March 2023 – 17 April/April 2028 2025: JPY 2,500,000,000
Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 17 April/April 2026 2024: JPY 1,250,000,000
Non-revolving working Financing receivables
capital (see Notes 13)
Modal kerja tidak JPY 5,000,000,000 - Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
9 PT Bank DBS Indonesia Modal kerja berulang/ Rp 300,000 Rp 300,000 Piutang pembiayaan 1 Maret/March 2025 – 31 Maret/March 2026 2025: -
Revolving working (lihat Catatan 13)/ 31 Maret/ 2024: -
capital Financing receivables March 2026
(see Notes 13)
10 Bank of America, N.A. – Modal kerja berulang/ USD 20,000,000 USD 20,000,000 Tidak dijamin oleh 5 April/April 2025 – 5 April/April 2027 2025: -
Cabang Jakarta/Jakarta Branch Revolving working apapun/Unsecured 5 April/April 2026 2024: -
capital
11 The Chiba Bank,Ltd. - cabang Modal kerja tidak USD 15,000,000 USD 15,000,000 Tidak dijamin oleh 30 September 31 Maret/March 2028 2025: -
Hongkong/Hongkong Branch berulang/ apapun/Unsecured /September 2024 – 2024: -
Non-revolving working 31 Maret/March 2025
capital
12 Standard Chartered Bank - Modal kerja berulang/ USD 15,000,000 USD 15,000,000 Piutang pembiayaan 31 Desember 31 Januari/ 2025: -
Cabang Indonesia/Indonesia Revolving working (lihat Catatan 13)/ /December 2025 – January 2029 2024: -
Branch capital Financing receivables 31 Desember/
(see Notes 13) December 2026
Modal kerja berulang/ Rp 150,000 Rp 150,000 Piutang pembiayaan
Revolving working (lihat Catatan 13)/
capital Financing receivables
(see Notes 13)
Modal kerja berulang/ Rp 160,000 Rp 160,000 Tidak dijamin oleh
Revolving working apapun/Unsecured
capital
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
160
Page 599
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman Bank (lanjutan) b. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Jumlah Fasilitas/ Facility Amount Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
No Pemberi pinjaman/ Tipe Fasilitas/ Type of 31 Desember/ 31 Desember/ penarikan/ Availability Panjang/ Repayment for
. Lender facility December 2025 December 2024 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Oto Multiartha (lanjutan/continued)
13 Deutsche Bank AG - Cabang Modal kerja berulang/ - Rp 200,000 Jaminan perusahaan 30 November/ 31 Mei/May 2027 2025: -
Indonesia/Indonesia Branch Revolving working dari / Corporate November 2025 – 2024: -
capital Guarantee from 30 November/
Sumitomo Corporation November 2026
Jepang / Japan
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Modal kerja berulang/ Rp 200,000 - Piutang pembiayaan
Revolving working (lihat Catatan 13)/
capital Financing receivables
(see Notes 13)
14 PT Bank Mizuho Indonesia Modal kerja berulang/ Rp 450,000 Rp 450,000 Tidak dijamin oleh 31 Juli/July 2025 – 31 Juli/July 2026 2025: -
Revolving working apapun/Unsecured 31 Juli/July 2026 2024: -
capital
15 PT Bank Sinarmas Tbk Cerukan/Overdraft Rp 7,500 Rp 7,500 Tidak dijamin oleh 15 Juni/June 2025 – 15 Juni/June 2026 2025: -
apapun/Unsecured 15 Juni/June 2026 2024: -
16 Sumitomo Mitsui Banking Modal kerja berulang/ USD 345,000,000 USD 345,000,000 Tidak dijamin oleh 10 September/ - 2025: -
Corporation - Cabang Revolving working apapun/Unsecured September 2025 – 2024: -
Singapura/Singapore Branch capital 10 September/
September 2026
17 PT Bank HSBC Indonesia Modal kerja berulang/ Rp 250,000 - Piutang pembiayaan 21 Agustus/ 21 Agustus/ 2025: -
Revolving working (lihat Catatan 13)/ August 2025 – August 2028 2024: -
capital Financing receivables 21 Agustus/August 2026
(see Notes 13)
18 PT Bank CTBC Indonesia Modal kerja berulang/ Rp 100,000 - Piutang pembiayaan 15 Oktober/ 15 Oktober/ 2025: -
Revolving working (lihat Catatan 13)/ October 2025 – October 2026 2024: -
capital Financing receivables 15 Oktober/
(see Notes 13) October 2026
161
597
Page 600
598
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Jumlah Fasilitas/ Facility Amount Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
Pemberi pinjaman/ Tipe Fasilitas/ Type of 31 Desember/ 31 Desember/ penarikan/ Availability Panjang/ Repayment for
No. Lender facility December 2025 December 2024 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Summit Oto Finance
1 PT Bank Central Asia Tbk Modal kerja berulang/ Rp 325,000 Rp 325,000 Piutang pembiayaan 27 Juli/July 2023 – 21 April/April 2030 2025: Rp 313.888
Revolving working (lihat Catatan 13)/ 21 April/April 2027 2024: Rp 124,999
capital Financing receivables
(see Notes 13)
Cerukan/Overdraft Rp 25,000 Rp 25,000 Piutang pembiayaan
(lihat Catatan 13)/
Financing receivables
(see Notes 13)
Modal kerja tidak Rp 2,000,000 Rp 1,000,000 Piutang pembiayaan
berulang/Non- (lihat Catatan 13)/
Revolving working Financing receivables
capital (see Notes 13)
2 PT Bank Permata Tbk Modal kerja tidak Rp 800,000 Rp 800,000 Piutang pembiayaan 30 Maret/March 2023 – 29 Agustus/August 2028 2025: Rp 100,000
berulang/ (lihat Catatan 13)/ 29 Agustus/August USD 4,550,000
Non-revolving working Financing receivables 2025 2024: Rp 75,000
capital (see Notes 13)
3 PT Bank Mizuho Indonesia Modal kerja berulang/ Rp 280,000 Rp 280,000 Tidak dijamin oleh 31 Juli/July 2025 – 31 Juli/July 2026 2025: -
Revolving working apapun/Unsecured 31 Juli/July 2026 2024: -
capital
4 PT Bank DBS Indonesia Modal kerja berulang/ Rp 150,000 Rp 150,000 Piutang pembiayaan 1 Maret/March 2025 – 31 Maret/March 2026 2025: -
Revolving working (lihat Catatan 13)/ 31 Mei/May 2026 2024: -
capital Financing receivables
(see Notes 13)
5 MUFG Bank, Ltd – Cabang Modal kerja tidak USD 100,000,000 USD 100,000,000 Piutang pembiayaan 5 Maret/March 2021 – 15 September/ 2025: USD 50,000,000
Jakarta/Jakarta Branch berulang/Non- (lihat Catatan 13)/ 15 September/ September 2026 2024: USD 30,000,000
revolving working Financing receivables September 2023
capital (see Notes 13)
6 Sumitomo Mitsui Trust Bank Modal kerja berulang/ JPY 500,000,000 JPY 500,000,000 Tidak dijamin oleh 23 Desember/ 26 Februari/February 2025: USD 2.000.000
Limited – Cabang Revolving working apapun/Unsecured December 2020 – 2027 2024: USD 1.000.000
Singapura/Singapore Branch capital 27 Februari/February
2026
Modal kerja berulang/ USD 20,000,000 USD 20,000,000 Tidak dijamin oleh
Revolving working apapun/Unsecured
capital
Modal kerja tidak USD 50,000,000 USD 100,000,000 Tidak dijamin oleh
berulang/Non- apapun/Unsecured
revolving working
capital
7 Bank of America, N.A. – Modal kerja tidak USD 40,000,000 USD 40,000,000 Piutang pembiayaan 19 Mei/May 2023 – 19 November/ 2025: -
Cabang Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 19 November/ November 2026 2024: -
Non-revolving working Financing receivables November 2023
capital (see Notes 13)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
162
Page 601
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Jumlah Fasilitas/ Facility Amount Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
Pemberi pinjaman/ Tipe Fasilitas/ Type of 31 Desember/ 31 Desember/ penarikan/ Availability Panjang/ Repayment for
No. Lender facility December 2025 December 2024 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Summit Oto Finance (lanjutan/continued)
8 Bank of America, N.A. – Modal kerja berulang/ USD 10,000,000 USD 10,000,000 Tidak dijamin oleh 1 Agustus/August 2025 1 Agustus/August 2027 2025: -
Cabang Jakarta/Jakarta Branch Revolving working apapun/Unsecured – 1 Agustus/August 2024: -
capital 2026
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
9 Mizuho Bank, Ltd. Modal kerja tidak JPY 11,000,000,000 JPY11,000,000,000 Piutang pembiayaan 30 Juli/July 2020 – 3 Juni/June 2030 2025: JPY 4,400,000,000
berulang/ (lihat Catatan 13)/ 3 Juni/June 2026 2024: JPY 1,200,000,000
Non-revolving working Financing receivables
capital (see Notes 13)
Modal kerja tidak USD 90,000,000 - Piutang pembiayaan
berulang/ (lihat Catatan 13)/
Non-revolving working Financing receivables
capital (see Notes 13)
10 Deutsche Bank AG – Cabang Modal kerja tidak JPY 10,000,000,000 JPY10,000,000,000 Piutang pembiayaan 29 Maret/March 2023 – 17 April/April 2028 2025: JPY 5,000,000,000
Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 17 April/April 2026 2024: JPY 2,500,000,000
Non-revolving working Financing receivables
capital (see Notes 13)
Modal kerja tidak JPY 10,000,000,000 - Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
11 The Norinchukin Bank – Modal kerja berulang/ JPY 1,000,000,000 JPY 2,000,000,000 Tidak dijamin oleh 31 Mei/May 2023 – 28 April/April 2029 2025: -
Cabang Singapura/ Revolving working apapun/Unsecured 30 April/April 2026 2024: -
Singapore Branch capital
Modal kerja tidak JPY 13,500,000,000 JPY 6,500,000,000 Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
12 The Chiba Bank Ltd, - Cabang Modal kerja tidak USD 15,000,000 USD 15,000,000 Tidak dijamin oleh 30 September/ 31 Maret/March 2028 2025: USD 3,000,000
Hong Kong/Hong Kong Branch berulang/ apapun/Unsecured September 2024 – 2024: -
Non-revolving working 31 Maret/March 2025
capital
13 Deutsche Bank, AG, Cabang Modal kerja berulang/ Rp 200,000 - Piutang pembiayaan 30 November/ 31 Mei/May 2027 2025: -
Jakarta/Jakarta Branch Revolving working (lihat Catatan 13)/ November 2025 – 2024: -
capital Financing receivables 30 November/
(see Notes 13) November 2026
Modal kerja berulang/ - Rp 200,000 Jaminan perusahaan
Revolving working dari/Corporate
capital guarantee from
Sumitomo Corporation
(SC), Jepang/Japan
163
599
Page 602
600
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman Bank (lanjutan) b. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Jumlah Fasilitas/ Facility Amount Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
Pemberi pinjaman/ Tipe Fasilitas/ Type of 31 Desember/ 31 Desember/ penarikan/ Availability Panjang/ Repayment for
No. Lender facility December 2025 December 2024 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Summit Oto Finance (lanjutan/continued)
14 Standard Chartered Bank Modal kerja berulang/ - USD 15,000,000 Jaminan perusahaan 31 Maret/March 2025 – 31 Januari/ 2025: -
Indonesia Revolving working dari/Corporate 31 Maret/March 2026 January 2028 2024: -
capital guarantee from
Sumitomo Corporation
(SC), Jepang/Japan
Modal kerja berulang/ Rp 100,000 Rp 100,000 Piutang pembiayaan
Revolving working (lihat Catatan 13)/
capital Financing receivables
(see Notes 13)
15 Sumitomo Mitsui Banking Modal kerja berulang/ USD 345,000,000 USD 345,000,000 Tidak dijamin oleh 10 September/ - 2025: -
Corporation, Singapore Branch Revolving working apapun/Unsecured September 2025 – 2024: -
capital 10 September/
September 2026
16 PT Bank HSBC Indonesia Modal kerja berulang/ Rp 250,000 - Piutang pembiayaan 21 Agustus/ 21 Agustus/ 2025: -
Revolving working (lihat Catatan 13)/ August 2025 – August 2028 2024: -
capital Financing receivables 21 Agustus/
(see Notes 13) August 2026
17 PT Bank CTBC Indonesia, Modal kerja berulang/ Rp 100,000 - Piutang pembiayaan 15 Oktober/ 15 Oktober/ 2025: -
Jakarta Branch Revolving working (lihat Catatan 13)/ October 2025 – October 2026 2024: -
capital Financing receivables 15 Oktober/
(see Notes 13) October 2026
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
164
Page 603
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Untuk tahun- tahun yang berakhir pada tanggal For the years ended 31 December 2025 and
31 Desember 2025 dan 2024, tingkat suku 2024, the contractual interest rates per annum
bunga kontraktual setahun atas pinjaman bank for PT Oto Multiartha and PT Summit Oto
yang diterima oleh PT Oto Multiartha dan Finance bank borrowings ranging from 1.35% -
PT Summit Oto Finance masing-masing 7.90% and 1.04% - 8.50%, respectively.
sebesar antara 1,35% - 7,90% dan 1,04% -
8,50%.
Seluruh perjanjian pinjaman di atas mencakup y All loan agreements include certain restrictive
adanya pembatasan-pembatasan tertentu a covenants which are normally required for such
yang umumnya diharuskan untuk fasilitas- n credit facilities, such as limitations to initiate
fasilitas kredit tersebut, antara lain, g merger or consolidation with other parties,
pembatasan untuk melakukan penggabungan borrowing from other parties except in the normal
usaha atau konsolidasi dengan pihak lain, course of business, or change its capital
mengadakan perjanjian pinjaman dengan structure and/or Articles of Association without
pihak lain kecuali yang timbul dalam kegiatan prior written approval from the creditors, and
usaha yang normal atau melakukan perubahan compliance with agreed financial ratios,
atas struktur modal dan/atau Anggaran Dasar principally debt to equity ratio. As of
tanpa adanya persetujuan tertulis dari kreditur 31 December 2025 and 2024, the Subsidiaries
dan kepatuhan terhadap rasio-rasio keuangan complied with the covenants.
tertentu, terutama rasio utang terhadap modal.
Pada tanggal 31 Desember 2025 dan 2024,
Entitas Anak telah mematuhi pembatasan-
pembatasan yang ada.
Tidak ada beban jasa penjaminan atas There were no guarantee fees on borrowings
pinjaman yang diterima oleh Entitas Anak yang which were guaranteed by corporate guarantee
dijamin oleh jaminan Perusahaan (corporate during the years ended 31 December 2025 and
guarantee) untuk tahun-tahun yang berakhir 2024.
pada tanggal 31 Desember 2025 dan 2024.
Saldo pinjaman yang diterima oleh PT Oto The outstanding balance of borrowings received
Multiartha dan PT Summit Oto Finance dalam by PT Oto Multiartha dan PT Summit Oto
mata uang Dolar Amerika Serikat dan Yen Finance denominated in US Dollar and Japanese
Jepang masing-masing sebesar Yen amounting to USD 703,300,000 (full
USD 703.300.000 (nilai penuh) dan amount) and JPY 36,950,000,000 (full amount)
JPY 36.950.000.000 (nilai penuh) pada as of 31 December 2025 and amounting to
tanggal 31 Desember 2025 dan sebesar USD 783,000,000 (full amount) and
USD 783.000.000 (nilai penuh) dan JPY 40,450,000,000 (full amount) as of
JPY 40.450.000.000 (nilai penuh) pada 31 December 2024, were hedged by cross
tanggal 31 Desember 2024 telah dilindung nilai currency swap contracts.
oleh kontrak cross currency swap.
b. Pinjaman bukan bank b. Non-bank borrowings
Jumlah pokok pinjaman berdasarkan jangka Borrowing principals amount based on time
waktu: period:
31 Desember/December
2025 2024
Lebih dari 3 tahun 8,337,500) 9,412,100) More than 3 years
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (52,997) (67,486) Unamortized transaction costs
Ditambah: Add:
Beban bunga yang masih
harus dibayar 27,654) 73,382) Accrued interest expenses
8,312,157) 9,417,996)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
165 601
Page 604
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
Pembayaran bunga pinjaman telah dibayarkan Payments of interest on borrowings had been
oleh Bank sesuai dengan jadwal. paid by the Bank in accordance with the
schedule.
Pinjaman bukan bank adalah fasilitas pinjaman Non-bank borrowings are borrowing facilities
dengan International Finance Corporation from International Finance Corporation (IFC),
(IFC), bukan pihak berelasi yang terdiri dari non-related party, consist of some agreements
beberapa perjanjian sebagai berikut: as follows:
(i) Perjanjian Pinjaman 2019 (i) Borrowing Agreement 2019
Tujuan pinjaman tersebut adalah untuk The purpose of borrowing was to finance
mendanai pembiayaan kredit mikro, usaha the Women-Owned Micro, Small Medium
kecil menengah yang dimiliki perempuan, Enterprise (MSME) loans, Green loans and
green loans, pinjaman Supply Chain Supply Chain Finance (SCF) loans. The
Finance (SCF). Bank akan melakukan Bank will use its best efforts to ensure that
upaya terbaiknya untuk memastikan the aggregated amount of the
bahwa jumlah agregat dari pencairan yang disbursements made to each loans was at
diberikan untuk setiap pinjaman setidaknya least equal to 25% of the maximum loan
sama dengan 25% dari jumlah maksimum amount.
pinjaman.
Pada tanggal 28 Januari 2020, Bank On 28 January 2020, the Bank drawdown
melakukan penarikan sebesar this loan at amount of Rp 1,364,600,
Rp 1.364.600, ekuivalen USD 100.000.000 equivalent to USD 100,000,000 (full
(nilai penuh) dengan suku bunga 7,30% amount) with interest rate 7.30% per annum
per tahun dan jatuh tempo pada tanggal and maturity date on 28 January 2025.
28 Januari 2025. Pembayaran bunga Interest payment will be paid every 6 (six)
dilakukan setiap 6 (enam) bulan, yang months, which is started on 28 July 2021
dimulai pada tanggal 28 Juli 2021 dan akan and will be ended on 28 January 2025. This
berakhir pada tanggal 28 Januari 2025. loan was paid off on 28 January 2025.
Pinjaman ini telah dilunasi pada 28 Januari
2025.
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
- tidak diperkenankan melakukan - no substantial change is made to the
perubahan bisnis secara substansial general nature of its business without
tanpa persetujuan tertulis dari pemberi prior written consent of the lender;
pinjaman;
- tidak melakukan penggabungan - not undertake or permit any merger,
usaha, demerger, restrukturisasi demerger, corporate restructuring,
korporasi, yang dapat memberikan which has or could reasonably be
dampak merugikan yang material; expected to have material adverse
effect;
- tidak menerbitkan saham tambahan - not issue any additional shares and shall
dan tidak akan melakukan transfer not have its existing shares transferred,
saham, penjualan, perjanjian yang sold, pledged or otherwise encumbered
akan mengubah SMBC menjadi such that action would make the SMBC
pemegang saham non-pengendali to become a non-controlling shareholder
sesuai dengan ketentuan Peraturan under the Indonesia’s Banking or
Perbankan atau Keuangan di Financial Regulations;
Indonesia;
602 166 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 605
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
(ii) Perjanjian Pinjaman 2023 (ii) Borrowing Agreement 2023
Pada tanggal 20 Juni 2023, Bank telah On 20 June 2023, the Bank has signed a
menandatangani perjanjian Fasilitas loan facility agreement of USD 500,000,000
pinjaman sebesar USD 500.000.000 (nilai (full amount). The form of this loan is a
penuh). Bentuk pinjaman ini adalah Privately Placed Senior Sustainability Bond.
Privately Placed Senior Sustainability The purpose of these loans is to finance
Bond. Tujuan pinjaman tersebut adalah small and medium enterprises owned by
untuk pembiayaan usaha kecil menengah women, construction of environmentally
yang dimiliki perempuan, pembangunan friendly buildings, and Social Bonds.
bangunan ramah lingkungan, dan Social
Bond.
Pada tanggal 25 Agustus 2023, Bank On 25 August 2023, the Bank made a
melakukan penarikan sebesar withdrawal of USD 300,000,000 (full
USD 300.000.000 (nilai penuh) dengan amount) with interest rates based on the
suku bunga berdasarkan suku bunga 3-month benchmark interest rate + 0.846%.
acuan 3 bulan + 0,846%. Pembayaran Interest payments are made every 3 (three)
bunga dilakukan setiap 3 (tiga) bulan, yang months, starting on 27 November 2023 and
dimulai pada tanggal 27 November 2023 ending on 25 August 2028.
dan akan berakhir pada tanggal
25 Agustus 2028.
Pada tanggal 23 Desember 2024, Bank On 23 December 2024, the Bank made a
melakukan penarikan sebesar USD withdrawal of USD 200,000,000 (full
200.000.000 (nilai penuh) dengan suku amount) with an interest rate based on the
bunga berdasarkan suku bunga acuan 3 3-month benchmark interest rate + 0.846%.
bulan + 0,846%. Pembayaran bunga Interest payments are made every 3 (three)
dilakukan setiap 3 (tiga) bulan, yang months, starting on 23 March 2025 and
dimulai pada tanggal 23 Maret 2025 dan ending on 23 December 2029.
akan berakhir pada tanggal 23 Desember
2029.
Pada tanggal 31 Desember 2025 dan As of 31 December 2025 and 2024, the
2024, Bank telah menggunakan seluruh Bank has used all existing facilities.
fasilitas yang ada.
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
- Menyatakan atau membayarkan - Declare or pay any dividend or make
dividen apa pun atau melakukan any distributions on its share capital
pembagian apa pun atas modal (other than dividends or distributions
sahamnya (selain dividen atau payable in shares of the Issuer), unless
pembagian yang harus dibayar dalam the proposed payment or distribution is
saham Emiten), kecuali pembayaran out of net income of the relevant
atau pembagian yang diusulkan Financial Year.
diambil dari penghasilan bersih dari
Tahun Buku yang relevan.
- Membuat atau memungkinkan utang - Create or allow any indebtedness that is
apa pun yang dijamin atau berperingkat secured or ranks prior or senior to the
di atas atau senior terhadap Obligasi, Bonds, except for the leasing
kecuali untuk transaksi sewa guna transactions or other asset-backed
usaha (leasing) atau transaksi lain transactions in the ordinary course of
yang didukung aset dalam operasional banking business.
bisnis perbankan pada umumnya.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
167 603
Page 606
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
(ii) Perjanjian Pinjaman 2023 (lanjutan) (ii) Borrowing Agreement 2023 (continued)
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain: (lanjutan) (continued)
- Membentuk atau memiliki Anak - Form or have any Material Subsidiary
Perusahaan Utama apa pun (selain (other than PT BANK BTPN SYARIAH
PT BANK BTPN SYARIAH Tbk, Tbk, PT BTPN SYARIAH VENTURA,
PT BTPN SYARIAH VENTURA, PT Oto Multiartha and PT Summit Oto
PT Oto Multiartha dan PT Summit Oto Finance).
Finance).
- Tidak melakukan perubahan mendasar - No substantial change of its Charter in
atas Anggaran Dasar dengan cara apa any manner which would be inconsistent
pun yang dapat tidak sesuai dengan with the provisions of this Agreement.
ketentuan pada perjanjian.
- Tidak melakukan atau mengizinkan - Not undertake Merger, Consolidation or
penggabungan, pemekaran, peleburan Reorganization. Undertake or permit
atau reorganisasi apa pun; atau any merger, spin-off, consolidation or
menjual, memindahkan, menyewakan reorganization; or sell, transfer, lease or
atau dengan cara lain melepaskan otherwise dispose of all or a substantial
seluruh atau suatu bagian substansial part of its assets, other than assets
dari aset-asetnya selain aset-aset yang acquired in the enforcement of security
diambil alih dalam mengeksekusi created in Favor of the Issuer in the
jaminan yang dibuat untuk kepentingan ordinary course of its banking business,
Emiten dalam usaha perbankannya. whether in a single transaction or in a
series of transactions, related or
otherwise.
Pada tanggal 31 Desember 2025 dan As of 31 December 2025 and 2024, the
2024, Bank telah memenuhi persyaratan Bank managed to fulfill the requirement
terkait penarikan fasilitas IFC. related with disbursement of IFC facility.
24. AKRUAL 24. ACCRUALS
31 Desember/December
2025 2024
Akrual beban operasional 263,064 386,205 Accrued operational expenses
Akrual beban promosi 100,078 106,444 Accrued promotion expenses
Akrual jasa profesional 99,792 68,734 Accrued professional fees
462,934 561,383
Akrual jasa profesional merupakan akrual untuk Accrued professional fees are accrual for the costs of
biaya konsultan yang bekerjasama dengan Bank consultants who collaborate with the Bank to
untuk menyelesaikan proyek tertentu, termasuk complete certain projects, including accrual for the
akrual untuk biaya konsultan hukum, konsultan costs of legal consultant, business consultant, public
bisnis, akuntan publik dan lainnya. accountant and others.
25. PINJAMAN SUBORDINASI 25. SUBORDINATED LOANS
Pinjaman subordinasi merupakan pinjaman The outstanding subordinated loans represent loans
dari SMBC Cabang Singapura sejumlah obtained from SMBC Singapore Branch amounted to
USD 200.000.000 (nilai penuh), ekuivalen dengan USD 200,000,000 (full amount), equivalent to
Rp 3.335.000 pada tanggal 31 Desember 2025 dan Rp 3,335,000 as of 31 December 2025 and
sejumlah USD 200.000.000 (nilai penuh), ekuivalen amounted to USD 200,000,000 (full amount),
dengan Rp 3.219.000 pada tanggal 31 Desember equivalent to Rp 3,219,000 as of 31 December 2024.
2024.
604 168 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 607
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PINJAMAN SUBORDINASI (lanjutan) 25. SUBORDINATED LOANS (continued)
Pinjaman subordinasi sebesar USD 100.000.000 Subordinated loans of USD 100,000,000 (full
(nilai penuh) dan USD 100.000.000 (nilai penuh) amount) and USD 100,000,000 (full amount) were
masing-masing diperoleh pada tanggal obtained on 26 September 2018 and 23 November
26 September 2018 dan 23 November 2018 dan 2018 respectively and will mature on 31 July 2031.
akan jatuh tempo pada tanggal 31 Juli 2031.
Untuk fasilitas USD 100.000.000 (nilai penuh) dan For the USD 100,000,000 (full amount) facility and
USD 100.000.000 (nilai penuh) yang masing-masing the USD 100,000,000 (full amount) facility obtained
diperoleh pada tanggal 26 September 2018 dan on 26 September 2018 and 23 November 2018
23 November 2018, telah terdapat Perjanjian respectively, Supplemental Agreements have been
Tambahan yang ditandatangani pada tanggal signed on 31 July 2024, so that the maturity date has
31 Juli 2024, sehingga tanggal jatuh tempo berubah changed from previously 26 September 2028 and
dari masing-masing tanggal 26 September 2028 dan 21 November 2028 to 31 July 2031 for the two
21 November 2028 menjadi tanggal 31 Juli 2031 facilities.
untuk kedua fasilitas tersebut.
Pinjaman subordinasi memiliki opsi pembayaran These subordinated loans have early repayment
lebih awal dengan pemberitahuan 20 hari option by 20 days notification in advance with
sebelumnya dan dengan persetujuan dari kreditur. lender’s approval.
Tingkat suku bunga kontraktual setahun atas Contractual interest rate per annum on subordinated
pinjaman subordinasi ini adalah cost of fund loans is cost of fund plus certain margin. For position
ditambah margin tertentu. Untuk posisi pada tanggal as of 31 December 2025, the applied margin was
31 Desember 2025, marjin yang diterapkan adalah 1.25% (for total outstanding amount of USD
1,25% (untuk total pinjaman subordinasi USD 200,000,000 (full amount)).
200.000.000 (nilai penuh)).
Pinjaman subordinasi digunakan untuk memperkuat Subordinated loans are used to strengthen the
struktur modal Bank sebagai Modal Pelengkap Bank's capital structure as Supplementary Capital
(Tier 2). (Tier 2).
Sesuai Peraturan OJK Nomor 11/POJK.03/2016 In accordance with the Regulation of OJK Number
tentang Kewajiban Penyediaan Modal Minimum 11/POJK.03/2016 and Circular Letter of OJK Number
Bank Umum dan Surat Edaran OJK Nomor 20/SEOJK.03/2016 regarding Feature of Conversion
20/SEOJK.03/2016 tentang Fitur Konversi Menjadi to Common Stock or Write Down The Instruments of
Saham Biasa atau Write Down terhadap instrumen Additional Tier 1 and Tier 2, Lender and Borrower
Modal Inti Tambahan dan Modal Pelengkap, acknowledge the trigger events that will cause the
Kreditur dan Debitur memahami bahwa terdapat loan provided under this Agreement to be converted
kondisi yang menyebabkan (trigger events) to common stock or written down, particulary in the
pinjaman yang diberikan sesuai dengan Perjanjian event when the business continuity of the debtor is
ini harus dikonversi menjadi saham biasa atau potentially disrupted (point of non viability) and
dilakukan write down, yaitu dalam hal kelangsungan therefore affecting the liabilities of borrower to the
usaha debitur berpotensi terganggu (point of non lender, in the term of:
viability) sehingga mempengaruhi kewajiban debitur
kepada kreditur, yaitu dapat berupa:
(i) rasio Modal Inti Utama (Common Equity Tier (i) Common Equity Tier 1 (CET 1) is lower than or
1/CET 1) lebih rendah atau sama dengan equal to 5.125% of Risk-Weighted Assets
5,125% dari Aset Tertimbang Menurut Risiko (RWA), both individually and consolidated with
(ATMR) baik secara individu maupun its Subsidiaries; and/or
konsolidasi dengan Entitas Anak; dan/atau
(ii) terdapat rencana dari otoritas yang berwenang (ii) there is a plan of the competent authority to
untuk melakukan penyertaan modal kepada make capital injection to the Borrower which
Debitur yang dinilai berpotensi terganggu continuity of its business is evaluated to have
kelangsungan usahanya; dan the potential to be disrupted; and
(iii) terdapat perintah dari OJK untuk melakukan (iii) There is an order from OJK to convert into
konversi menjadi saham biasa dan/atau write- common stock and/or write-down.
down.
Pada tanggal 31 Desember 2025 dan 2024, Bank As of 31 December 2025 and 2024, the Bank
memenuhi seluruh persyaratan yang disebutkan complied with all the requirements mentioned in the
dalam perjanjian pinjaman subordinasi. subordinated loan agreements.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
169 605
Page 608
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES
Liabilitas imbalan kerja karyawan terdiri dari: Employee benefits liabilities consist of:
31 Desember/December
2025 2024
Imbalan kerja jangka pendek Short-term employee benefits
Akrual bonus karyawan, THR, tantiem, dan Accrual of employee bonus,
liabilitas jangka pendek lainnya THR, tantiem, and other short-term liabilities
- Bank 351,556 339,069 Bank -
- Entitas Anak 280,630 274,383 Subsidiaries -
632,186 613,452
Imbalan pascakerja dan imbalan kerja Post-employment benefits and other
jangka panjang lainnya long-term employee benefits
- Bank 124,366 32,669 Bank -
- Entitas Anak 487,344 420,286 Subsidiaries -
611,710 452,955
1,243,896 1,066,407
Pada tanggal 31 Desember 2024, Bank mengalami As of 31 December 2024, the Bank experienced
kelebihan pendanaan pada aset program untuk funding surplus on post-employment benefit plan
imbalan pascakerja, sehingga Bank mencatat aset assets, so the Bank recorded employee benefit
imbalan kerja sebesar Rp 17.147 pada Catatan 18. assets amounted Rp 17,147 in Notes 18.
Grup menerapkan kebijakan program manfaat The Group implements post-employment benefits
imbalan pascakerja sesuai dengan Undang-Undang policy based on Job Creation Law (“UUCK”) No. 11
Cipta Kerja (“UUCK”) No. 11 Tahun 2020, Peraturan Year 2020, Government Regulation No. 35 Year
Pemerintah No. 35 Tahun 2021 dan Perjanjian 2021 and Collective Labor Agreement applied by the
Kerjasama yang berlaku di Grup. Dasar perhitungan Group. The calculation basis of benefits is based on
manfaat ini menggunakan gaji pokok terkini. current basic salary. The Bank’s defined benefits
Program pensiun manfaat pasti ini dikelola oleh pension plan is managed by PT Asuransi Allianz Life
PT Asuransi Allianz Life Indonesia. Indonesia.
Program tersebut memberikan manfaat pensiun The program calls for benefits to be paid to eligible
yang akan dibayarkan kepada karyawan yang employees at retirement or when the employees
berhak pada saat karyawan pensiun atau pada saat resign according to the prevailing regulations. The
karyawan tersebut berhenti sesuai dengan funding of the pension plan is conducted by the
peraturan yang berlaku. Pendanaan program Group through payments of annual contributions
pensiun ini dilakukan oleh Grup dengan membayar which are sufficient to meet the minimum
iuran tahunan yang setidaknya memenuhi jumlah requirements set forth in applicable laws.
minimum seperti yang diharuskan oleh peraturan
perundang-undangan yang berlaku.
Perhitungan imbalan kerja jangka panjang Bank dan The calculation of the long-term employee benefits of
Entitas Anak menggunakan hasil perhitungan the Bank and Subsidiary use the results of the
Aktuari periode 31 Desember 2025 dengan calculation of the Actuarial period
informasi komparatif 31 Desember 2024. 31 December 2025 with comparative information
31 December 2024.
Pada tanggal 31 Desember 2025, jumlah karyawan As of 31 December 2025, the total number of the
Bank yang memiliki hak atas manfaat ini adalah Bank’s employees eligible for this benefit was 5,824
5.824 karyawan (31 Desember 2024: 6.105 employees (31 December 2024: 6,105 employees)
karyawan) (tidak diaudit). (unaudited).
Pada tanggal 31 December 2025, jumlah karyawan As of 31 December 2025, the total number of the
Entitas Anak yang memiliki hak atas imbalan ini Subisidiaries’ employees eligible for this benefit was
adalah sebanyak 11.736 karyawan (31 Desember 11,736 employees (31 December 2024: 11,129
2024: 11.129 karyawan) (tidak diaudit). employees) (unaudited).
Selain memberikan manfaat yang disebutkan In addition to the benefits mentioned above, the Bank
di atas, Bank juga memberikan manfaat cuti panjang also provides its employees with long leave benefits.
kepada karyawannya.
606 170 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 609
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja Post-employment benefits
Perhitungan aktuaria atas liabilitas imbalan kerja The actuarial calculation for the Bank’s employee
karyawan Bank pada tanggal 31 Desember 2025 benefits liabilities as of 31 December 2025 and 2024
dan 2024 dilakukan oleh Kantor Konsultan Aktuaria was performed by Kantor Konsultan Aktuaria I Gde
I Gde Eka Sarmaja, FSAI dan Rekan, aktuaris Eka Sarmaja, FSAI dan Rekan, an independent
independen, dengan menggunakan metode actuary, using the “Projected Unit Credit” method
“Projected Unit Credit” berdasarkan laporannya based on its reports dated 11 February 2026
tertanggal 11 Februari 2026 (31 Desember 2024: (31 December 2024: dated 30 January 2025).
tanggal 30 Januari 2025).
Perhitungan aktuaria Bank tersebut menggunakan The Bank’s actuarial valuations were carried out
asumsi-asumsi sebagai berikut: using the following assumptions:
31 Desember/December
2025 2024
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 6.25% 7.00% Interest discount rate per annum
Tingkat kenaikan gaji per tahun 7.00% 7.00% Salary increment rate per annum
Asumsi lainnya: Other assumptions:
Usia pensiun normal 55 55 Normal pension age
Tabel mortalitas/ Tabel mortalitas/
Mortality table Mortality table
Indonesia 2019 Indonesia 2019
Tingkat kematian (TMI 2019) (TMI 2019) Mortality rate
Tingkat cacat 10% TMI 2019) 10% TMI 2019) Disability rate
Status pendanaan atas program pensiun pada The funding status of the pension plan as of
tanggal 31 Desember 2025 dan 2024 berdasarkan 31 December 2025 and 2024 based on the actuarial
laporan aktuaria adalah sebagai berikut: reports was as follows:
31 Desember/December
2025 2024
Bank Bank
Nilai kini liabilitas imbalan Present value of defined benefits
manfaat pasti 807,649) 718,722) liabilities
Nilai wajar aset program (715,544) (735,869) Fair value of plan assets
(Surplus) defisit pendanaan 92,105) (17,147) Funding (surplus) deficit
Entitas Anak Subsidiaries
Defisit pendanaan 443,403) 383,949) Funding deficit
535,508) 366,803)
Perubahan liabilitas imbalan manfaat pasti selama The movement in the defined benefits liabilities
tahun berjalan adalah sebagai berikut: during the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Perubahan nilai kini liabilitas Movement in present value of defined
imbalan manfaat pasti - Bank: benefits liabilities - Bank:
Nilai kini kewajiban imbalan manfaat Present value of defined benefits
pasti, awal tahun 718,722 732,177 liabilities, beginning of the year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 90,546 89,220 Current service cost
Beban bunga 47,423 42,266 Interest expense
Kerugian atas penyelesaian 1,306 1,371 Loss on settlements
Dipindahkan 857,997 865,034 Carry forward
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
171 607
Page 610
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Perubahan liabilitas imbalan manfaat pasti selama The movement in the defined benefits liabilities
tahun berjalan adalah sebagai berikut: (lanjutan) during the year was as follows: (continued)
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Dipindahkan 857,997) 865,034) Carry forward
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Kerugian/keuntungan aktuaria yang
timbul dari: Actuarial losses/gains arising from:
- Asumsi keuangan 36,973) (12,683) Financial assumption -
- Penyesuaian pengalaman 47,494) (25,361) Experiences adjustment -
Lain-lain Others
Imbalan yang dibayarkan oleh aset Benefits paid by the plan assets
program selama tahun berjalan (133,509) (106,897) during the year
Pembayaran penyelesaian dari aset
program (1,306) (1,371) Settlement payments from plan assets
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun - Bank 807,649) 718,722) benefits liabilities, end of year - Bank
Present value of defined
Nilai kini liabilitas imbalan manfaat benefits liabilities, end of year -
pasti, akhir tahun – Entitas Anak 657,196) 586,496) Subsidiaries
Nilai kini liabilitas imbalan manfaat Present value of defined
pasti, akhir tahun 1,464,845) 1,305,218) benefits liabilities, end of year
Perubahan nilai wajar aset program selama tahun The movement of fair value of plan assets during the
berjalan adalah sebagai berikut: year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Perubahan nilai wajar aset program - Movement in the fair value of
Bank: plan assets - Bank:
Nilai wajar aset program, Fair value of plan assets,
awal tahun 735,869) 634,515) beginning of year
Termasuk dalam laba rugi Included in profit or loss
Pendapatan bunga atas aset
program 52,102) 41,776) Interest income on plan assets
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Imbal hasil atas aset program di Return on plan assets
luar pendapatan bunga (29,514) (21,363) excluding interest income
Lain-lain Others
Kontribusi yang dibayarkan
kepada program 91,902) 189,209) Contributions paid into the plan
Imbalan yang dibayarkan oleh
program (133,509) (106,897) Benefits paid by the plan
Pembayaran penyelesaian dari
aset program (1,306) (1,371) Settlement payments from plan assets
Nilai wajar aset program, Fair value of plan assets,
akhir tahun - Bank 715,544) 735,869) end of year - Bank
Nilai wajar aset program, Fair value of plan assets,
akhir tahun – Entitas Anak 213,793) 202,547) end of year – Subsidiaries
Nilai wajar aset program, Fair value of plan assets,
akhir tahun 929,337) 938,416) end of year
608 172 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 611
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Jumlah yang diakui di laba rugi: The amounts recognised in profit/loss are as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Bank Bank
Biaya jasa kini 90,546) 89,220) Current service cost
Biaya bunga 47,423) 42,266) Net interest
Pembayaran penyelesaian dari aset
program 1,306) 1,371) Settlement payments from plan assets
Pendapatan bunga atas aset program (52,102) (41,776) Interest income on plan assets
87,173) 91,081)
Entitas Anak 95,904) 90,070) Subsidiaries
Jumlah, disajikan sebagai bagian Total, included in personnel
dari beban tenaga kerja 183,077) 181,151) expenses
Jumlah yang diakui di penghasilan komprehensif The amounts recognised in other comprehensive
lain: income are as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Bank Bank
Kerugian/keuntungan aktuaria yang
timbul dari: Actuarial losses/gains arising from:
- Asumsi keuangan 36,973) (12,683) Financial assumption -
- Penyesuaian pengalaman 47,494) (25,361) Experience adjustment -
Imbal hasil atas aset program di luar Return on plan assets
pendapatan bunga 29,514) 21,363) excluding interest income
113,981) (16,681)
Entitas Anak (3,861) (36,685) Subsidiaries
Jumlah, disajikan sebagai bagian
dari penghasilan komprehensif Total, included in other
lain 110,120) (53,366) comprehensive income
Seluruh aset program pensiun ditempatkan pada All of the pension plan assets are placed on cash with
kas di Bank Kustodian dan deposito berjangka di the Custodian Bank and time deposits with the Bank.
Bank.
Bank terekspos dengan beberapa risiko melalui The Bank is exposed to a number of risks through its
program imbalan pasti. Risiko yang paling signifikan defined benefit pension plans. The most significant
adalah sebagai berikut: risks are as follows:
Volatilitas aset Asset volatility
Liabilitas program dihitung menggunakan tingkat The plan liabilities are calculated using a discount
diskonto yang merujuk kepada tingkat imbal hasil rate set with reference to government bond yields. If
obligasi pemerintah. Jika imbal hasil aset program plan assets underperform this yield, then this will
lebih rendah, maka akan menghasilkan defisit create a deficit.
program.
Perubahan imbal hasil obligasi Changes in bond yields
Kenaikan pada liabilitas program disebabkan oleh An increase in plan liabilities is caused by the
penurunan imbal hasil obligasi pemerintah, decrease in government bond yields, although this
walaupun hal ini akan saling hapus dengan pilihan will be partially offset by the Bank’s investment
jenis investasi Bank. choices.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
173 609
Page 612
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Bank terekspos dengan beberapa risiko melalui The Bank is exposed to a number of risks through its
program imbalan pasti. Risiko yang paling signifikan defined benefit pension plans. The most significant
adalah sebagai berikut: (lanjutan) risks are as follows: (continued)
Perubahan imbal hasil obligasi (lanjutan) Changes in bond yields (continued)
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined by
dengan mempertimbangkan imbal hasil yang considering the expected returns available on the
diharapkan atas aset dengan mengacu pada assets underlying the current investment policy.
kebijakan investasi. Hasil investasi bunga tetap Expected yields on fixed interest investments are
didasarkan pada hasil pengembalian bruto pada based on gross redemption yields as of the reporting
tanggal pelaporan. date.
Nilai kini liabilitas imbalan pascakerja, nilai wajar The Bank’s present value of post-employment
aset program, defisit/surplus pada program dan benefits liabilities, fair value of plan assets,
penyesuaian pada liabilitas program dan aset deficit/surplus of program and adjustment on plan
program Bank untuk 5 tahun terakhir adalah sebagai liabilities and plan assets for the last 5 years were as
berikut: follows:
31 Desember/December
2025 2024 2023 2022 2021
Nilai kini liabilitas imbalan Present value of defined
manfaat pasti 807,649) 718,722) 732,177) 674,325)) 671,934) benefits liabilities
Nilai wajar aset program (715,544) (735,869) (634,515) (657,834) (657,951) Fair value of plan assets
The effect of the
Dampak batas atas aset -) -) -) -)) -) asset ceiling
92,105) (17,147) 97,662) 16,491)) 13,983)
Defisit (surplus) Deficit (surplus)
Penyesuaian pada 84,467) (38,044) 59,459) 8,856)) (2,829)) Adjustments on
liabilitas program plan liabilities
Penyesuaian pada aset (29,514) 21,363) 32,115) 34,244)) 22,272))
program Adjustments on plan assets
Manajemen berkeyakinan bahwa estimasi liabilitas Management believes that the estimated post-
atas imbalan pascakerja pada tanggal employment benefit liabilities as of
31 Desember 2025 dan 2024 telah memenuhi 31 December 2025 and 2024 have fulfilled the
persyaratan minimum UUCK. minimum requirements of UUCK.
Durasi rata-rata tertimbang dari liabilitas program The Bank’s weighted average duration of the defined
pensiun imbalan pasti Bank pada tanggal benefit pension obligation as of 31 December 2025
31 Desember 2025 dan 2024 masing-masing adalah and 2024 was 6.40 years and 6.32 years,
6,40 tahun dan 6,32 tahun. respectively.
Analisis jatuh tempo yang diharapkan dari manfaat The Bank’s expected maturity analysis of
pensiun yang tidak didiskontokan Bank adalah undiscounted pension benefits are as follows:
sebagai berikut:
31 Desember/ December
2024 2024
Hingga 1 tahun 111,742 82,501 Up to 1 year
Lebih dari 1 - 2 tahun 94,370 101,567 More than 1 - 2 years
Lebih dari 2 - 5 tahun 276,681 273,204 More than 2 - 5 years
Lebih dari 5 tahun 2,722,434 2,690,632 More than 5 years
610 174 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 613
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Sensitivitas liabilitas imbalan pascakerja untuk The Bank’s sensitivity of the post-employment
perubahan asumsi aktuarial utama Bank adalah benefits liabilities to changes in the key actuarial
sebagai berikut: assumptions was as follows:
2025
Kenaikan Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (48,639) (6,615)
Tingkat diskonto Penurunan/Decrease 1% 54,367) 7,495) Discount rate
Kenaikan/Increase 1% 59,070) 9,089)
Tingkat kenaikan gaji Penurunan/Decrease 1% (53,646) (8,112) Salary increase rate
2024
Kenaikan Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (42,690) (6,022)
Tingkat diskonto Penurunan/Decrease 1% 47,660) 7,160) Discount rate
Kenaikan/Increase 1% 42,733) 8,548)
Tingkat kenaikan gaji Penurunan/Decrease 1% (57,651) (7,355) Salary increase rate
Analisis sensitivitas didasarkan pada perubahan The sensitivity analysis is based on a change in an
atas satu asumsi aktuarial dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam prakteknya, hal ini jarang constant. In practice, this is unlikely to occur and
terjadi dan perubahan beberapa asumsi mungkin changes in some of the assumptions may be
saling berkorelasi. Dalam perhitungan sensitivitas correlated. When calculating the sensitivity of the
kewajiban imbalan pascakerja atas asumsi aktuarial post-employment benefits liabilities to significant
utama, metode yang sama (perhitungan nilai kini actuarial assumptions, the same method (present
kewajiban imbalan pasti dengan menggunakan value of the defined benefits liabilities calculated with
metode projected unit credit di akhir periode the projected unit credit method at the end of the
pelaporan) telah diterapkan seperti dalam reporting period) has been applied as when
penghitungan liabilitas imbalan pascakerja. calculating the post-employment benefits liabilities.
Pada 31 Desember 2025 dan 2024, imbalan As of 31 December 2025 and 2024, post-employment
pascakerja untuk karyawan dengan Perjanjian Kerja benefits for the Subsidiary (BTPNS)'s employees
Waktu Tertentu (PKWT) Entitas Anak (BTPNS) with Fixed Time Employment Agreements (PKWT)
dihitung secara internal dengan metode historical are calculated internally using the historical stay rate
stay rate masing-masing sebesar Rp 28.516 dan method amounted to Rp 28,516 and Rp 22,685,
Rp 22.685. respectively.
Imbalan kerja jangka panjang lainnya Other long term employee benefits
Grup juga memberikan manfaat cuti panjang kepada The Group also provides its employees with long
karyawannya. leave benefit.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
175 611
Page 614
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Perubahan liabilitas yang timbul dari imbalan kerja The movement in the Bank’s liabilities arising from
jangka panjang lainnya adalah sebagai berikut: other long-term employee benefits was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Perubahan nilai kini liabilitas Movement in present value of defined
imbalan manfaat pasti - Bank: benefits liabilities - Bank:
Nilai kini liabilitas imbalan manfaat Present value of defined liabilities,
pasti, awal tahun 32,669) 30,423) beginning of the year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 5,814) 5,515) Current service cost
Beban bunga 1,986) 1,767) Interest expense
Pengukuran kembali: Remeasurement:
- Penyesuaian asumsi keuangan 1,734) (1,032) Changes in financial assumptions -
- Penyesuaian pengalaman 1,522) 464 ) Experience adjustment -
Lain-lain Others
Imbalan yang dibayarkan dari
pemberi kerja selama tahun Benefits paid by the employer
berjalan (11,464) (4,468) during year
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun - Bank 32,261) 32,669 benefits liabilities, end of year - Bank
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun – Entitas Anak benefits liabilities, end of year -
15,425) 13,652) Subsidiaries
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun 47,686) 46,321) benefits liabilities, end of year
Jumlah yang diakui di laba rugi: The amounts recognised in profit/loss are as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2025 2024
Bank Bank
Biaya jasa kini 5,814) 5,515) Current service cost
Biaya bunga 1,986) 1,767) Net interest
Pengukuran kembali manfaat jangka Remeasurement of long term
panjang 3,256) (568) employee benefit
11,056) 6,714)
Entitas Anak 3,676) 2,131) Subsidiaries
Jumlah, disajikan sebagai bagian Total, included in personnel
dari beban tenaga kerja 14,732) 8,845) expenses
Analisis jatuh tempo yang diharapkan dari imbalan The Bank’s expected maturity analysis of
jangka panjang lainnya tidak didiskontokan Bank undiscounted other long-term employee benefits was
adalah sebagai berikut: as follows:
31 Desember/ December
2025 2024
Hingga 1 tahun 4,904 8,583 Up to 1 year
Lebih dari 1 - 2 tahun 6,497 4,592 More than 1 - 2 years
Lebih dari 2 - 5 tahun 13,419 15,584 More than 2 - 5 years
Lebih dari 5 tahun 27,024 25,311 More than 5 years
612 176 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 615
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Sensitivitas dari kewajiban imbalan jangka panjang The Bank’s sensitivity of the other long term
lainnya terhadap perubahan asumsi aktuaria utama employee benefit obligation to changes in the
Bank adalah sebagai berikut: principal actuarial assumptions was as follows:
2025
Kenaikan
(penurunan) nilai
kini kewajiban Kenaikan
imbalan kerja/ (penurunan) beban
increase jasa kini/ Increase
(decrease) in (decrease) in
Perubahan asumsi/ present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (1,402) (217)
Tingkat diskonto Penurunan/Decrease 1% 1,536) 239) Discount rate
Kenaikan/Increase 1% 1,593) 303)
Tingkat kenaikan gaji Penurunan/Decrease 1% (1,480) (280) Salary increase rate
2024
Kenaikan
(penurunan) nilai
kini kewajiban Kenaikan
imbalan kerja/ (penurunan) beban
increase jasa kini/ Increase
(decrease) in (decrease) in
Perubahan asumsi/ present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (1,223) (191)
Tingkat diskonto Penurunan/Decrease 1% 1,335) 229) Discount rate
Kenaikan/Increase 1% 1,770) 291)
Tingkat kenaikan gaji Penurunan/Decrease 1% (999) (251) Salary increase rate
27. LIABILITAS LAIN-LAIN 27. OTHER LIABILITIES
31 Desember/December
2025 2024
Utang kepada pihak ketiga 294,930 298,397 Payable to third parties
Beban Standby Letter of Credit Accrued Standby Letter of
yang masih harus dibayarkan 111,277 169,166 Credit fee
Transaksi ATM, transfer dan ATM transaction, transfer and
tagihan merchant 75,189 93,803 merchant bills
Transaksi kartu kredit 74,991 45,995 Credit card transaction
Pendapatan ditangguhkan 70,411 71,491 Unearned income
Insentif kepada nasabah 58,909 34,202 Incentive to customer
Setoran konsumen 52,964 39,641 Customer deposit
Utang premi asuransi lainnya 41,178 41,104 Other insurance premium payable
Loan insurance premium
Utang premi asuransi kredit 26,992 57,765 payable
Cadangan kerugian penurunan nilai Allowance for impairment losses -
- komitmen 20,956 43,266 commitment
Komisi asuransi diterima dimuka 8,107 26,276 Up-front insurance commission
Lainnya 191,949 260,152 Others
1,027,853 1,181,258
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
177 613
Page 616
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
27. LIABILITAS LAIN-LAIN (lanjutan) 27. OTHER LIABILITIES (continued)
Utang kepada pihak ketiga sebagian besar Payables to third parties mainly represent operational
merupakan utang operasional kepada mitra bisnis payable to the business partner of the Bank and
Bank dan Entitas Anak dalam menjalankan kegiatan Subsidiaries in carrying out operational activities.
operasional.
Beban standby letter of credit yang masih harus Accrued standby letter of credit fees are expense for
dibayarkan merupakan beban yang masih harus standby letter of credit related to loans that has not
dibayar atas standby letter of credit terkait dengan been paid.
pinjaman yang diberikan.
Transaksi ATM, transfer dan tagihan merchant ATM transaction, transfer and merchant bills consist
merupakan hutang atas transaksi ATM dan transfer of payables from Bank ATM transaction and transfer
antar bank yang akan diselesaikan pada hari kerja to other banks that will be settled on the next working
berikutnya, serta transaksi dengan merchant melalui day and transactions with merchants via payment
gerbang pembayaran. gateway.
Pendapatan ditangguhkan terdiri atas pendapatan Unearned income consists of deferred income from
dari pembelian wesel ekspor yang ditangguhkan. export bills purchase.
Utang premi asuransi lainnya merupakan premi Other insurance premium payables are employees
terutang atas asuransi karyawan Grup. insurance premium payables of the Group.
Utang premi asuransi kredit terdiri dari pembayaran Loan insurance premium payable consists of
premi asuransi yang telah diterima dari debitur insurance premium payment from debtors but not yet
namun belum dibayarkan kepada perusahaan paid to the insurance companies.
asuransi.
Komisi asuransi diterima dimuka merupakan komisi Up-front insurance commission represents
yang diterima dari Allianz atas penjualan produk- commission received from Allianz for the sales of
produk asuransi kepada nasabah Bank melalui insurance products to the Bank’s customers through
seluruh saluran distribusi Bank. all Bank’s distribution channels.
Lainnya terutama terdiri dari akun tampungan Others mainly consist of temporary account for
sementara atas penerimaan pembayaran dimuka upfront funds received from debtors, which will be
dari debitur, yang akan didebitkan pada waktu debited upon future contract settlement period.
penyelesaian kewajiban kontrak dengan debitur di
masa mendatang.
614 178 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 617
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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
Grup menyajikan dana syirkah temporer The Group presented temporary syirkah funds in
sehubungan dengan kepemilikan Bank atas Entitas relation to the Bank’s ownership in the Subsidiary
Anak yang bergerak di bidang perbankan syariah. which engages in sharia banking industry.
31 Desember/December
2025 2024
Simpanan nasabah: Deposits from customer:
Tabungan mudharabah 886,635 976,622 Mudharabah saving deposits
Deposito mudharabah 9,043,116 8,622,730 Mudharabah time deposits
9,929,751 9,599,352
a. Tabungan mudharabah a. Mudharabah savings deposits
Berdasarkan hubungan dengan pihak lawan: By relationship with counterparties:
31 Desember/December
2025 2024
Pihak ketiga 881,717 972,327 Third parties
Pihak berelasi 4,918 4,295 Related parties
886,635 976,622
Berdasarkan jenis produk: By product type:
31 Desember/December
2025 2024
Tepat Tabungan Platinum Bisnis 438,454 553,060 Tepat Tabungan Platinum Bisnis
Tepat Tabungan Platinum 395,297 410,084 Tepat Tabungan Platinum
Tepat Tabungan Platinum Reward 35,380 - Tepat Tabungan Platinum Reward
Tepat Tabungan Payroll 12,742 8,528 Tepat Tabungan Payroll
Tepat Tabungan Rencana 4,762 4,950 Tepat Tabungan Rencana
886,635 976,622
Kisaran tingkat bagi hasil untuk tabungan The range of profit sharing rate for mudharabah
mudharabah untuk tahun-tahun yang berakhir savings deposits for the years ended
pada tanggal 31 Desember 2025 dan 2024 31 December 2025 and 2024 were as follows:
adalah sebagai berikut:
31 Desember/December 2025
Tingkat bagi hasil (%) 0.76% - 4.00% Profit sharing rate (%)
31 Desember/December 2024
Tingkat bagi hasil (%) 1.00% - 4.00% Profit sharing rate (%)
Pada tanggal 31 Desember 2025, tidak ada As of 31 December 2025, there were no
tabungan mudharabah yang diblokir dan mudharabah saving deposits which were
dijadikan sebagai jaminan atas pembiayaan. blocked and used as collateral for financing. As
Pada tanggal 31 Desember 2024, terdapat of 31 December 2024, there were mudharabah
tabungan mudharabah yang diblokir dan saving deposits which were blocked and used as
dijadikan sebagai jaminan atas pembiayaan collateral for financing amounted to Rp 2,750.
sebesar Rp 2.750.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 179 615
Page 618
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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)
b. Deposito mudharabah b. Mudharabah time deposits
31 Desember/December
2025 2024
Pihak ketiga 9,015,221 8,593,793 Third parties
Pihak berelasi 27,895 28,937 Related parties
9,043,116 8,622,730
Berdasarkan jangka waktu By time period
31 Desember/December
2025 2024
Bukan Bank Non-Bank
Lebih dari 1 - 3 bulan 8,869,755 8,362,894 More than 1 - 3 months
Lebih dari 3 - 6 bulan 160,384 216,247 More than 3 - 6 months
Lebih dari 9 - 12 bulan 12,934 43,566 More than 9 - 12 months
Lebih dari 12 bulan 43 23 More than 12 months
9,043,116 8,622,730
Berdasarkan sisa umur sampai jatuh tempo By remaining period to maturity date
31 Desember/December
2025 2024
Bukan Bank Non-Bank
Hingga 1 bulan 7,535,356 7,325,763 Up to 1 month
Lebih dari 1 - 3 bulan 1,398,728 1,127,204 More than 1 - 3 months
Lebih dari 3 - 6 bulan 104,113 144,231 More than 3 - 6 months
Lebih dari 6 - 9 bulan 1,191 18,498 More than 6 - 9 months
Lebih dari 9 - 12 bulan 3,709 7,011 More than 9 - 12 months
Lebih dari 12 bulan 19 23 More than 12 months
9,043,116 8,622,730
Kisaran tingkat bagi hasil untuk deposito The range of profit sharing rate for mudharabah time
mudharabah selama tahun-tahun berakhir deposits during the years ended
31 Desember 2025 dan 2024 adalah sebagai 31 December 2025 and 2024 were as follows:
berikut:
31 Desember/December 2025
Tingkat bagi hasil (%) 2.22% - 6.03% Profit sharing rate (%)
31 Desember/December 2024
Tingkat bagi hasil (%) 2.76% - 6.51% Profit sharing rate (%)
Pada tanggal 31 Desember 2025, tidak terdapat As of 31 December 2025, there were no mudharabah
deposito mudharabah yang diblokir dan dijadikan time deposits which were blocked and used as
sebagai jaminan atas pembiayaan (31 Desember collateral for financing (31 December 2024:
2024: Rp 16.250). Rp 16,250).
616 180 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 619
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. MODAL SAHAM 29. SHARE CAPITAL
Susunan pemegang saham Bank pada tanggal Based on the share registrant record from Biro
31 Desember 2025 dan 2024 berdasarkan catatan Administrasi Efek, the composition of the Bank’s
yang dibuat oleh Biro Administrasi Efek adalah shareholders composition as of 31 December 2025
sebagai berikut: and 2024 was as follows:
31 Desember/December 2025
Lembar saham/ Persentase/
Pemegang saham Number of shares Percentage Jumlah/Total Shareholder
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 9,692,826,975 91.047% 193,857 Corporation
PT Bank Central Asia Tbk 109,742,058 1.031% 2,195 PT Bank Central Asia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 12,007,137 0.113% 240 (Persero) Tbk
Direksi The Board of Directors
Merisa Darwis 225,358 0.002% 5 Merisa Darwis
Henoch Munandar 176,756 0.002% 4 Henoch Munandar
Hanna Tantani 151,154 0.001% 3 Hanna Tantani
Dini Herdini 121,572 0.001% 2 Dini Herdini
Atsushi Hino 3,000 0.000% 0 Atsushi Hino
Publik 830,691,738 7.803% 16,613 Public
10,645,945,748 100.000% 212,919
31 Desember/December 2024
Lembar saham/ Persentase/
Pemegang saham Number of shares Percentage Jumlah/Total Shareholder
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 9,692,826,975 91.047% 193,857 Corporation
PT Bank Central Asia Tbk 109,742,058 1.031% 2,195 PT Bank Central Asia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 12,007,137 0.113% 240 (Persero) Tbk
Direksi The Board of Directors
Merisa Darwis 223,858 0.002% 4 Merisa Darwis
Henoch Munandar 175,256 0.002% 3 Henoch Munandar
Hanna Tantani 149,654 0.001% 3 Hanna Tantani
Dini Herdini 120,072 0.001% 2 Dini Herdini
Darmadi Sutanto 90,620 0.001% 2 Darmadi Sutanto
Kaoru Furuya 4,500 0.000% 0 Kaoru Furuya
Atsushi Hino 1,500 0.000% 0 Atsushi Hino
Keishi Kobata 1,500 0.000% 0 Keishi Kobata
Dewan Komisaris The Board of Commissioners
Ongki Wanadjati Dana* 860,804 0.008% 17 )Ongki Wanadjati Dana*
Publik 829,741,814 7.794% 16,596 Public
10,645,945,748 100.000% 212,919
*Kepemilikan saham berasal dari program Material Risk Taker saat yang *Share ownership comes from the Material Risk Taker program when he
bersangkutan menjabat sebagai anggota Direksi Bank served as a member of the Board of Directors of the Bank.
Pemegang saham publik terdiri dari pemegang Public shareholders consist of shareholders whose
saham yang memiliki kurang dari 5% jumlah saham ownership are less than 5% of outstanding shares.
beredar. Seluruh saham yang beredar adalah All the outstanding shares are ordinary shares.
saham biasa.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 181 617
Page 620
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. MODAL SAHAM (lanjutan) 29. SHARE CAPITAL (continued)
Perubahan komposisi kepemilikan saham Changes in share ownership composition
Pada tanggal 20 Maret 2024, Bank telah On 20 March 2024, Bank completed the Capital
menyelesaikan proses Penambahan Modal dengan Increase process by Granting Pre-emptive Rights II
Memberikan Hak Memesan Efek Terlebih Dahulu II (Right Issue II) which resulted in a change in the
(Right Issue II) yang menyebabkan perubahan Bank's paid-up capital to Rp 212,919 or
Modal disetor Bank menjadi Rp 212.919 atau 10,645,945,748 shares (full amount). The Bank has
10.645.945.748 saham (nilai penuh). Bank telah disclosed its plan to use the proceed from the Rights
mengungkapkan rencana penggunaan dana Rights Issue fund to expand and invest through the
Issue II tersebut adalah untuk melakukan ekspansi acquisition of financing business companies namely
dan investasi usaha melalui pengambilalihan PT Oto Multiartha and PT Summit Oto Finance, from
perusahaan-perusahaan yang bergerak di kegiatan SMBC and PT Summit Auto Group (a subsidiary of
usaha pembiayaan yaitu PT Oto Multiartha dan Sumitomo Corporation).
PT Summit Oto Finance, dari SMBC dan PT Summit
Auto Group (anak perusahaan dari Sumitomo
Corporation).
Dalam rangka pemenuhan Peraturan Bursa Efek In order to comply with the Indonesia Stock
Indonesia mengenai kepemilikan saham oleh Exchange Regulation on the shares ownership by
pemegang saham bukan pengendali dan bukan non controlling shareholders and non majority
pemegang saham utama sebesar minimum 7,5% shareholders totalling at the minimum of 7.5% of
dari jumlah saham yang diterbitkan oleh Bank total issued shares of the Bank (Free Float Shares),
(Saham Free Float), Bank telah melakukan Bank has sold back the Treasury Stock to public and
pengalihan Treasury Stock kepada publik dan then withdraw the Treasury Stock to become the
kemudian menarik saham tersebut ke dalam Modal Bank’s Issued Capital, and in addition there were
Ditempatkan Bank, dan dengan selain itu pengalihan twice shares transfer by SMBC in December 2023 to
saham yang dilakukan SMBC sebanyak 2 kali pada become 7,332,311,297 shares or around 89.977%
bulan Desember 2023 menjadi 7.332.311.297 and in January 2024 to become 7,132,311,297
saham atau sekitar 89,977% dan bulan Januari 2024 shares or around 87.522%, also by the completion
menjadi 7.132.311.297 saham atau sekitar 87,522%, of the Rights Issue II process, the total of Bank's Free
serta dengan rampungnya proses Right Issue II Float Shares as of the end of December 2025 are
Jumlah Saham Free Float Bank per akhir Desember 7.884%, therefore this Free Float Shares
2025 adalah sebesar 7,884% sehingga ketentuan requirement has been met.
Saham Free Float ini telah terpenuhi.
30. PENGGUNAAN LABA BERSIH 30. APPROPRIATION OF NET INCOME
Melalui RUPS tanggal 22 April 2025, para In the GMS dated 22 April 2025, the shareholders of
pemegang saham Bank menyetujui penggunaan the Bank approved the appropriation of net income
laba bersih untuk tahun buku 2024 sesuai akta for the financial year of 2024 according to notarial
notaris No. 24 tanggal 22 April 2025 yang dibuat deed No. 24 dated 22 April 2025 made by Notary
oleh Notaris Ashoya Ratam, S.H., Mkn dengan Ashoya Ratam, S.H., Mkn as follows: (1) the Bank
rincian sebagai berikut: (1) Bank akan membagikan shall distribute dividend to the shareholders for 20%
dividen kepada para pemegang saham sejumlah of Net Profit or more or less Rp 562,597 or estimated
20% dari Laba Bersih atau kurang lebih sebesar at Rp 52.8 per share (full amount); (2) the Bank not
Rp 562.597 atau kurang lebih sebesar Rp 52,8 per allocate any appropriated retained earnings, in
lembar saham (nilai penuh); (2) Bank tidak regards to the minimum appropriated retained
menyisihkan saldo laba yang sudah ditentukan earnings as stipulated in the Article 70 of the Limited
penggunaannya, mengingat persyaratan minimum Liability Company Law, i.e. minimum 20% of the
saldo laba yang sudah ditentukan penggunaannya Issued and Fully Paid-Up Capital of the Bank has
sebagaimana diatur dalam UUPT, yaitu minimum been complied; and (3) the remaining balance of the
20% dari Modal Ditempatkan dan Disetor Penuh net income earned by the Bank in financial year of
Bank telah terpenuhi; dan (3) sisa dari total laba 2024 after being deducted with the allocation for
bersih yang diperoleh Bank untuk tahun buku 2024 Dividend shall be declared as unappropriated
setelah dikurangi penyisihan Dana Dividen, akan retained earnings.
dibukukan sebagai saldo laba yang belum
ditentukan penggunaannya.
Pada tanggal 23 Mei 2025, pembayaran dividen On 23 May 2025, the Bank’s cash dividends
tunai Bank didistribusikan kepada pemegang saham payments are distributed to the Shareholders based
sesuai Daftar Pemegang Saham pada tanggal 5 Mei on Shareholders Registry as of 5 May 2025
2025 (tanggal pencatatan). (recording date).
618 182 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 621
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PENGGUNAAN LABA BERSIH (lanjutan) 30. APPROPRIATION OF NET INCOME (continued)
Melalui RUPS tanggal 21 Maret 2024, para In the GMS dated 21 March 2024, the shareholders
pemegang saham menyetujui penggunaan laba approved the appropriation of net income for the
bersih untuk tahun buku 2023 sesuai akta notaris financial year of 2023 according to the notarial deed
No. 56 tanggal 21 Maret 2024 yang dibuat oleh No. 56 dated 21 March 2024 made by Notary Ashoya
Notaris Ashoya Ratam, S.H., Mkn sebagai berikut: Ratam, S.H., Mkn as follows: (1) the Bank shall
(1) Bank akan membagikan dividen kepada para distribute dividend to the shareholders for 20% of Net
pemegang saham sejumlah 20% dari Laba Bersih Profit or more or less Rp 471,667 or estimated at
atau kurang lebih sebesar Rp 471.667 atau kurang Rp 44.3 per share (full amount); (2) the Bank booked
lebih sebesar Rp 44,3 per lembar saham (nilai appropriated retained earnings amounting to
penuh); (2) Bank membukukan saldo laba yang Rp 10,357; and (3) the remaining balance of the net
sudah ditentukan penggunaannya sebesar income earned by the Bank in financial year of 2023
Rp10.357; dan (3) sisa dari total laba bersih yang after being deducted with the allocation for Dividend
diperoleh Bank untuk tahun buku 2023 setelah and appropriated retained earnings shall be declared
dikurangi penyisihan Dana Dividen dan saldo laba as unappropriated retained earnings.
yang sudah ditentukan penggunaannya, akan
dibukukan sebagai saldo laba yang belum
ditentukan penggunaannya
Pada tanggal 19 April 2024, distribusi dividen tunai On 19 April 2024, the Bank’s cash dividends have
Bank dibayarkan kepada pemegang saham sesuai been paid to Shareholders based on Shareholders
Daftar Pemegang Saham pada tanggal 3 April 2024 Registry as of 3 April 2024 (recording date).
(tanggal pencatatan).
31. PENDAPATAN BUNGA DAN PENDAPATAN 31. INTEREST INCOME AND SHARIA INCOME
SYARIAH
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Pendapatan bunga Interest income
Pihak ketiga: Third parties:
Pinjaman yang diberikan 11,871,591 12,290,673 Loans
Piutang pembiayaan 5,464,091 4,029,323 Financing receivables
Efek-efek 961,575 1,067,243 Securities
Giro dan penempatan pada Bank Current accounts and placements with
Indonesia 413,630 464,840 Bank Indonesia
Giro dan penempatan pada bank-bank Current accounts and placements with
lain 59,806 73,935 other banks
Efek-efek yang dibeli dengan Securities purchased under resale
janji dijual kembali (reverse repo) 50,925 2,532 agreements (reverse repo)
18,821,618 17,928,546
Pihak berelasi: Related parties:
Pinjaman yang diberikan 194,298 261,412 Loans
19,015,916 18,189,958
Pendapatan syariah Sharia income
Pihak ketiga: Third parties:
Pendapatan dari jual beli - marjin Income from sales and purchases -
murabahah 4,559,651 4,816,480 murabahah margin
Pendapatan dari bagi hasil - pembiayaan Revenue from profit sharing -
musyarakah 34,564 13,330 musyarakah financing
Pendapatan usaha utama lainnya 625,029 568,567 Other main operating income
5,219,244 5,398,377
24,235,160 23,588,335
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 183 619
Page 622
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31. PENDAPATAN BUNGA DAN PENDAPATAN 31. INTEREST INCOME AND SHARIA INCOME
SYARIAH (lanjutan) (continued)
Pendapatan usaha utama lainnya dari pendapatan Other main operating income from sharia income are
syariah merupakan pendapatan dari investasi pada income from investment in marketable securities,
surat berharga, SBIS, FASBIS, SIMA dan SBIS, FASBIS, SIMA and placement in deposits .
penempatan pada deposito.
32. BEBAN BUNGA DAN HAK PIHAK KETIGA ATAS 32. INTEREST EXPENSE AND THIRD PARTIES’
BAGI HASIL DANA SYIRKAH TEMPORER SHARES ON RETURN OF TEMPORARY SYIRKAH
FUNDS
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Beban bunga Interest expenses
Pihak ketiga: Third parties:
Simpanan nasabah Customer deposits
Deposito berjangka 2,364,987 2,454,894 Time deposits
Deposito on call 910,000 844,164 Deposits on call
Giro 440,452 485,846 Current accounts
Tabungan 594,950 349,714 Saving deposits
4,310,389 4,134,618
Pinjaman yang diterima 1,863,739 1,730,926 Borrowings
Simpanan dari bank-bank lain 55,817 35,825 Deposits from other banks
Utang obligasi 353,771 74,585 Bonds payables
Liabilitas sewa 15,456 18,234 Lease liabilities
Efek-efek yang dijual dengan janji dibeli
kembali 2,711 9 Repo
6,601,883 5,994,197
Pihak berelasi: Related parties:
Simpanan nasabah Customer deposits
Deposito berjangka 4,541 7,533 Time deposits
Deposito on call 373 3,260 Deposits on call
Tabungan 101 377 Saving deposits
Giro 440 32 Current accounts
5,455 11,202
Pinjaman yang diterima 917,874 1,572,941 Borrowings
Pinjaman subordinasi 118,528 214,131 Subordinated loans
Simpanan dari bank-bank lain 190,533 83,478 Deposits from other banks
1,232,390 1,881,752
7,834,273 7,875,949
Beban syariah Sharia expenses
Hak pihak ketiga atas bagi hasil dana Third parties’ shares on return of
syirkah temporer temporary syirkah funds
Pihak ketiga 487,357 502,226 Third parties
Pihak berelasi 1,627 1,878 Related parties
488,984 504,104
8,323,257 8,380,053
620 184 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 623
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. PENDAPATAN PROVISI DAN KOMISI 33. FEE AND COMMISSION INCOME
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Pendapatan administrasi piutang Financing receivables administration
pembiayaan 476,006 338,598 income
Pendapatan dari komisi bancassurance, Bancassurance, insurance and investment
asuransi dan produk investasi 408,990 369,361 product commission income
Pendapatan jasa transfer 340,720 358,132 Transfer fees income
Pendapatan komisi atas pinjaman
yang diberikan 256,498 273,161 Loan commission income
Denda pelunasan dipercepat dan Early termination penalty and late
keterlambatan 247,169 194,989 penalty income
Pendapatan komisi atas dana pihak Third party fund
ketiga 150,039 169,369 commission income
Insentif dari kerja sama dengan pihak
ketiga 125,916 118,032 Incentive from cooperation with third parties
Komisi akseptasi 58,987 54,689 Acceptance commissions
Pendapatan komisi lainnya 16,869 20,965 Other commission income
2,081,194 1,897,296
Pendapatan dari komisi bancassurance, asuransi Bancassurance, insurance and investment product
dan produk investasi adalah pendapatan atas komisi commission income are income from commission
yang diterima oleh Grup berdasarkan perjanjian received by the Grup based on agreements with
yang telah disepakati dengan perusahaan asuransi insurance companies and insurance of collateral.
dan asuransi jaminan.
Pendapatan komisi atas pinjaman yang diberikan Loan and third party fund commission income are
dan dana pihak ketiga adalah pendapatan administration income received from bank’s loans
administrasi yang diperoleh dari pinjaman yang and third party fund.
diberikan oleh bank dan dana pihak ketiga.
Pendapatan komisi lainnya adalah imbalan atas jasa Other commission income are fee income from
penanganan dokumen, seperti konfirmasi audit dan documents handling, such as audit confirmation and
jasa pengiriman kurir. courier services.
34. BEBAN PROVISI DAN KOMISI 34. FEE AND COMMISSION EXPENSE
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Beban jasa transfer 287,219 330,685 Transfer fees expense
Beban reward transaksi 176,358 213,872 Transaction reward expense
Beban akuisisi kredit 54,536 68,036 Credit acquisition expense
Beban pemasaran 38,171 9,515 Marketing expenses
Beban komisi transaksi tresuri 31,160 43,433 Treasury transaction commission expense
Other administration and
Beban administrasi dan komisi lainnya 1,688 2,101 commission expense
589,132 667,642
Beban jasa transfer adalah beban atas jasa transfer Transfer fee expense is interbank transfer service
antar bank yang dilakukan oleh nasabah dan carried out by customers and borne by the Bank.
ditanggung oleh Bank.
Beban reward transaksi adalah beban atas Transaction reward expense is an expense for the
pencadangan reward point yang nasabah dapatkan provision of reward points that customers receive in
sehubungan dengan transaksi kartu kredit, promosi, connection with credit card transactions, promotions,
dan aktivitas transaksi perbankan lainnya. and other banking transaction activities.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 185 621
Page 624
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
35. PENDAPATAN OPERASIONAL LAINNYA 35. OTHER OPERATING INCOME
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Pendapatan dari penerimaan kembali Income from recovery of written-off
kredit yang dihapusbukukan 245,273 235,207 loans
Pendapatan transaksi perdagangan efek-
efek - bersih 163,969 68,828 Securities trading income - net
Pendapatan sewa operasional 58,187 75,335 Operating lease income
Penerimaan kembali dari kerugian
operasional 6,889 8,740 Operational loss recovery
Lain-lain 122,469 60,623 Others
596,787 448,733
Lain-lain termasuk jasa cash handling dan jasa Others consist of cash handling services and
payment point. payment point service.
36. BEBAN KEPEGAWAIAN 36. PERSONNEL EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Gaji, upah, bonus dan tantiem 3,277,925 2,904,146 Salaries, wages, bonus and tantiem
Tunjangan hari raya 557,324 478,859 Holiday allowances
Tunjangan pajak 376,862 310,731 Tax allowances
Tunjangan kesehatan 297,377 260,718 Medical benefits
Tunjangan representasi 208,481 178,068 Representation allowance
Imbalan pascakerja 183,077 181,151 Post-employment benefits
Pendidikan dan latihan 145,528 129,850 Training and education
Jamsostek 144,239 128,267 Jamsostek
Tunjangan program kepemilikan Car ownership program
kendaraan 130,366 96,807 allowance
Tunjangan telepon 40,465 41,001 Telephone allowance
Tunjangan perumahan 21,728 21,477 Housing allowance
Imbalan kerja jangka panjang lainnya 14,732 8,845 Other long term employee benefits
Lain-lain 125,441 110,331 Others
5,523,545 4,850,251
Termasuk dalam beban kepegawaian adalah gaji dan Included under personnel expenses are salaries and
kompensasi lainnya yang dibayarkan kepada Direksi, other compensations paid to the Board of Directors,
Dewan Komisaris dan Komite Audit. Board of Commissioners and Audit Committee.
Lain-lain terdiri dari tunjangan marketing, akomodasi Others consist of marketing allowances, employees
karyawan dan lainnya. accomodation and others.
622 186 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 625
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 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
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Jasa dari pihak ketiga dan perlengkapan Services from third parties and office
kantor 1,465,471 1,577,183 supplies
Amortisasi piranti lunak (Catatan 17) 487,342 423,940 Amortization of software (Note 17)
Beban asuransi 449,660 471,390 Insurance expense
Penyusutan aset tetap (Catatan 16) 287,259 289,606 Depreciation of fixed assets (Note 16)
Jasa profesional 284,910 269,222 Professional fees
Pemeliharaan dan perbaikan 216,063 161,268 Repairs and maintenance
Promosi dan iklan 211,643 287,932 Promotion and advertising
Penyusutan aset hak guna Depreciation of right-of-use assets
(Catatan 16) 191,997 197,217 (Note 16)
Sewa 153,473 138,178 Rent
Lain-lain 139,531 135,346 Others
3,887,349 3,951,282
38. PEMBENTUKAN CADANGAN KERUGIAN 38. ALLOWANCE FOR IMPAIRMENT LOSSES
PENURUNAN NILAI
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Piutang pembiayaan (Catatan 13) 5,167,578) 1,425,850) Financing receivables (Note 13)
Pinjaman yang diberikan dan pembiayaan/ Loans and sharia financing/
piutang syariah (Catatan 12g)* 2,940,846) 2,450,103) receivables (Note 12g)*
Giro pada bank-bank lain (Catatan 6) 40) (124) Current accounts with other banks (Note 6)
Efek-efek (Catatan 8h) (555) (186) Securities (Note 8h)
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain (Catatan 7g) (513) 582) other banks (Note 7g)
Tagihan akseptasi (Catatan 11d) (16,142) 7,252) Acceptance receivables (Note 11d)
Aset lain-lain (Catatan 18) (22,228) 23,895) Other assets (Note 18)
Komitmen pinjaman yang diberikan (22,482) (10,232) Loan commitments issued
8,046,544) 3,897,140)
* Termasuk efek dari kerugian modifikasi awal sebesar Included initial modification loss effect amounted*
Rp 219.074 Rp 219,074
39. BEBAN OPERASIONAL LAINNYA 39. OTHER OPERATING EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Kerugian penyelesaian agunan 449,211 413,098) Loss on collateral settlements
Iuran tahunan OJK 122,104 106,366) OJK annual fee
Beban pengembangan komunitas 16,559 46,907) Community development expenses
Kerugian terkait risiko operasional 8,451 19,185) Loss from operational risk
Rekrutmen 5,297 4,605) Recruitment
Lain-lain 56,044 36,509) Others
657,666 626,670)
Lain-lain termasuk beban jamuan, beban Others consist of entertainment expenses,
keanggotaan dan beban penyelesaian kredit. membership fees and credit settlement charges.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 187 623
Page 626
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION
Dalam kegiatan usahanya, Grup melakukan In the normal course of business, the Group engages
transaksi dengan pihak-pihak berelasi, terutama in transactions with related parties, primarily
meliputi transaksi-transaksi keuangan. consisting of financial transactions.
Di bawah ini adalah ikhtisar pihak-pihak berelasi The following is a summary of related parties who
yang bertransaksi dengan Grup, termasuk sifat have transactions with the Group, including the
hubungan dan sifat transaksinya: nature of the relationships and transactions:
Pihak berelasi/ Sifat hubungan/ Sifat transaksi/
Related parties Nature of relationships Nature of transactions
Sumitomo Mitsui Banking Pemegang saham pengendali/ Giro pada bank lain; simpanan dari
Corporation Controlling shareholders bank lain; liabilitas akseptasi; pinjaman yang
diterima; pinjaman subordinasi; transaksi
derivatif; efek-efek/ Current accounts with other
banks; deposits from other banks; acceptance
payables; borrowings; subordinated loans;
derivative transactions; securities
PT SMFL Leasing Indonesia Perusahaan afiliasi/affiliated Simpanan nasabah; pinjaman yang
company diberikan; transaksi derivatif; penyertaan saham/
Deposits from customers; loans;
derivative transactions; investment in shares
PT INA Sekuritas Indonesia Perusahaan afiliasi/affiliated Simpanan nasabah/
(dahulu bernama PT Nikko company Deposits from customers
Sekuritas Indonesia)
PT SBCS Indonesia Perusahaan afiliasi/affiliated Simpanan nasabah/
company Deposits from customers
Personil manajemen kunci/ Direktur, Komisaris dan pejabat Pinjaman yang diberikan, simpanan nasabah,
Key Management eksekutif/Directors, Commissioners pembayaran kompensasi dan remunerasi,
Personnel and executive employees imbalan pascakerja/
Loans, deposits from customers, payments of
compensation and remuneration, post-
employment benefits
Transaksi dengan pihak berelasi Transactions with related parties
Saldo dan rincian transaksi dengan pihak berelasi The outstanding balances and detail transactions
adalah sebagai berikut: with related parties were as follows:
(a) Giro pada bank-bank lain (a) Current accounts with other banks
31 Desember/December
2025 2024
Giro pada bank-bank lain Current accounts with other banks
Pihak berelasi 589,437 525,792 Related party
Persentase terhadap jumlah aset 0.24% 0.22% Percentage to total assets
(b) Tagihan derivatif (b) Derivative receivables
31 Desember/December
2025 2024
Tagihan derivatif Derivative receivables
Pihak berelasi 222,477 375,245 Related party
Persentase terhadap jumlah aset 0.09% 0.16% Percentage to total assets
624 188 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 627
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(c) Pinjaman yang diberikan (c) Loans
31 Desember/December
2025 2024
Pinjaman yang diberikan Loans
Personil manajemen kunci 19,178 19,517 Key management personnel
Pihak berelasi 412,147 418,258 Related parties
431,325 437,775
Pendapatan bunga
yang masih akan diterima 820 889 Accrued interest income
432,145 438,664
Persentase terhadap jumlah aset 0.18% 0.18% Percentage to total assets
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Pendapatan bunga: Interest income:
Personil manajemen kunci 6,712 554 Key management personnel
Pihak berelasi 187,586 260,858 Related parties
194,298 261,412
Persentase terhadap jumlah
pendapatan bunga 1.02% 1.44% Percentage to total interest income
Suku bunga atas pinjaman yang diberikan Interest rate charged on loan to key
kepada personil manajemen kunci adalah management personnel amounting 5% - 8% per
sebesar 5% - 8% per tahun dengan jangka annum with term between 1 - 20 years. Such
waktu pinjaman antara 1 - 20 tahun. Pinjaman loan is given without any specific collateral.
tersebut diberikan tanpa adanya jaminan
tertentu.
Pada tanggal 31 Desember 2025 dan 2024 There was no impairment on the loan to key
tidak terdapat penurunan nilai atas pinjaman management personnel as of 31 December
yang diberikan kepada personil manajemen 2025 and 2024.
kunci.
(d) Simpanan nasabah (d) Deposits from customers
31 Desember/December
2025 2024
Dana pihak ketiga Third party funds
Personil manajemen kunci: Key management personnel:
Giro 1 1 Current accounts
Tabungan 175,078 72,353 Savings deposits
Deposito berjangka dan deposito Time deposits and deposits
on call 94,684 134,776 on call
269,763 207,130
Pihak berelasi: Related parties:
Giro 36,682 89,636 Current accounts
Deposito berjangka dan deposito Time deposits and deposits
on call 6,025 25,025 on call
42,707 114,661
312,470 321,791
Beban bunga yang masih harus
dibayarkan 459 892 Accrued interest expense
312,929 322,683
Persentase terhadap jumlah liabilitas 0.17% 0.18% Percentage to total liabilities
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 189 625
Page 628
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(d) Simpanan nasabah (lanjutan) (d) Deposits from customers (continued)
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Beban bunga 5,455 11,202 Interest expense
Persentase terhadap jumlah
beban bunga 0.07% 0.14% Percentage to total interest expenses
Dana pihak ketiga ditempatkan dalam giro, Third party funds are placed on current account,
tabungan maupun deposito berjangka. Tingkat saving accounts and time deposits. Interest rate
suku bunga yang diberikan oleh Bank adalah given by the Bank for the placement amounting
sebesar 0,01% - 6,00%. Untuk deposito to 0.01% - 6.00%. For time deposit depends on
berjangka tergantung tenor dan jumlah pokok tenor and principal amount.
deposito.
(e) Simpanan dari bank-bank lain (e) Deposits from other banks
31 Desember/December
2025 2024
Simpanan dari bank-bank lain 3,637,817 699,242 Deposits from other banks
Beban bunga yang masih harus
dibayarkan 8,927 - Accrued interest expenses
3,646,744 699,242
Persentase terhadap jumlah liabilitas 2.00% 0.40% Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Beban bunga 118,528 83,478 Interest expense
Persentase terhadap jumlah
beban bunga 1.51% 1.06% Percentage to total interest expenses
(f) Liabilitas derivatif (f) Derivative payables
31 Desember/December
2025 2024
Liabilitas derivatif Derivative payables
Pihak berelasi 34,548 21,273 Related party
Persentase terhadap jumlah liabilitas 0.02% 0.01% Percentage to total liabilities
(g) Liabilitas akseptasi (g) Acceptance payables
31 Desember/December
2025 2024
Liabilitas akseptasi Acceptance payables
Pihak berelasi 621,016 163,558 Related party
Persentase terhadap jumlah liabilitas 0.34% 0.09% Percentage to total liabilities
626 190 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 629
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(h) Pinjaman yang diterima (h) Borrowings
31 Desember/December
2025 2024
Pinjaman yang diterima 12,506,250 22,452,525 Borrowings
Beban bunga yang masih harus
dibayarkan 4,985 17,139 Accrued interest expenses
12,511,235 22,469,664
Persentase terhadap jumlah liabilitas 6.85% 12.71% Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Beban bunga Interest expense
Pihak berelasi 917,874 1,572,941 Related party
Persentase terhadap jumlah
beban bunga 11.72% 19.97% Percentage to total interest expenses
(i) Pinjaman subordinasi (i) Subordinated loans
31 Desember/December
2025 2024
Pinjaman subordinasi 3,335,000 3,219,000 Subordinated loans
Beban bunga yang masih harus
dibayarkan 10,621 10,069 Accrued interest expenses
3,345,621 3,229,069
Persentase terhadap jumlah liabilitas 1.83% 1.83% Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Beban bunga Interest expense
Pihak berelasi 190,533 214,131 Related party
Persentase terhadap jumlah
beban bunga 2.43% 2.72% Percentage to total interest expenses
(j) Dana syirkah temporer (j) Temporary syirkah funds
31 Desember/December
2025 2024
Simpanan nasabah Deposits from customers
Personil manajemen kunci: Key management personnel:
Tabungan mudharabah 4,918 4,295 Mudharabah saving deposits
Deposito mudharabah 27,895 28,937 Mudharabah time deposits
32,813 33,232
Persentase terhadap jumlah dana Percentage to total temporary
syirkah temporer 0.33% 0.35% syirkah funds
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
Hak atas bagi hasil dana syirkah Shares on return of temporary
temporer 1,627 1,878 syirkah funds
Persentase terhadap jumlah beban
syariah 0.33% 0.37% Percentage to total sharia expense
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 191 627
Page 630
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(k) Kompensasi dan remunerasi personil (k) Compensation and remuneration of key
manajemen kunci management personnel
Kompensasi yang dibayar atau terutang pada The compensation paid or payable to key
manajemen kunci atas jasa kepegawaian management for employee services is shown
adalah sebagai berikut: below:
31 Desember/December 2025
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key
Direksi/Board of Directors Commissioners management personnel
%* Rp %* Rp %* Rp
Gaji dan imbalan karyawan Salaries and other short-term
jangka pendek lainnya 4.66% 257,139 0.79% 43,846 7.54% 416,624 employee benefits
Imbalan pascakerja - - - - 0.41% 22,618 Post-employment benefits
Imbalan jangka panjang lainnya - - - - 0.04% 1,946 Other long-term benefits
Jumlah 4.66% 257,139 0.79% 43,846 7.99% 441,188 Total
31 Desember/December 2024
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key
Direksi/Board of Directors Commissioners management personnel
%* Rp %* Rp %* Rp
Gaji dan imbalan karyawan Salaries and other short-term
jangka pendek lainnya 4.51% 218,730 0.72% 34,756 8.31% 402,923 employee benefits
Imbalan pascakerja - - - - 0.53% 25,614 Post-employment benefits
Imbalan jangka panjang lainnya - - - - 0.03% 1,594 Other long-term benefits
Jumlah 4.51% 218,730 0.72% 34,756 8.87% 430,131 Total
*) terhadap jumlah beban kepegawaian *) % to total personnel expenses
(l) Komitmen dan kontinjensi (l) Commitments and contingencies
31 Desember/December
2025 2024
Aset komitmen Committed assets
Fasilitas pinjaman yang belum
ditarik 47,940,625 35,891,850 Unused borrowing facilities
Liabilitas komitmen Committed liabilities
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to
uncommitted 10,015,999 4,828,736 Customers - uncommitted
Liabilitas kontinjensi Contingent liabilities
Garansi yang diberikan 30,000 32,547 Guarantees provided
41. KOMITMEN DAN KONTINJENSI 41. COMMITMENTS AND CONTINGENCIES
a. Berdasarkan jenis a. By type
31 Desember/December
2025 2024
Aset komitmen Committed assets
Fasilitas pinjaman yang belum ditarik Unused borrowing facilities
- Pihak ketiga 30,415,275 21,167,658 Third parties -
- Pihak berelasi 47,940,625 35,891,850 Related parties -
78,355,900 57,059,508
Contingent assets -
Aset kontinjensi - Pihak ketiga Third parties
Garansi yang diterima 32,630,272 31,051,406 Guarantees received
32,630,272 31,051,406
628 192 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 631
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
41. KOMITMEN DAN KONTINJENSI (lanjutan) 41. COMMITMENTS AND CONTINGENCIES
(continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
31 Desember/December
2025 2024
Liabilitas komitmen Committed liabilities
Fasilitas kredit kepada nasabah yang Unused credit facilities to
belum digunakan - committed customers - committed
- Pihak ketiga 14,297,829 11,762,750 Third parties -
Fasilitas kredit kepada nasabah yang Unused credit facilities to
belum digunakan - uncommitted customers – uncommitted
- Pihak ketiga 123,419,707 121,262,479 Third parties -
- Pihak berelasi 10,015,999 4,828,736 Related parties -
Fasilitas kredit kepada bank yang Unused credit facilities to
belum digunakan - uncommitted - banks - uncommitted -
Pihak ketiga 50,502 76,563 Third parties
Letters of credit yang tidak dapat Irrevocable letters of credit -
dibatalkan - Pihak ketiga 1,639,627 1,582,162 Third parties
149,423,664 139,512,690
Liabilitas kontinjensi Contingent liabilities
Garansi yang diberikan Guarantees provided
- Pihak ketiga 7,176,420 7,682,903 Third parties -
- Pihak berelasi 30,000 32,547 Related parties -
7,206,420 7,715,450
b. Berdasarkan kolektibilitas b. By collectability
Informasi mengenai kolektibilitas komitmen dan Information regarding collectability of
kontinjensi sesuai peraturan OJK diungkapkan commitment and contingencies in accordance
pada Catatan 49. with OJK regulations was disclosed in Note 49.
c. Kasus hukum c. Litigation cases
Grup menghadapi beberapa tuntutan hukum, The Group is a party to various unresolved legal
pengurusan administrasi dan klaim yang belum actions, administrative proceedings, and claims
terselesaikan, yang berhubungan dengan in the ordinary course of its business. It is not
kegiatan usaha Grup. Adalah tidak mungkin possible to predict with certainty whether or not
untuk memastikan apakah Grup akan the Group will ultimately be successful or not
memenangkan atau tidak menang atas successful in any of these legal matters.
masalah atau tuntutan hukum tersebut. Namun However, the Group’s management does not
demikian, manajemen Grup yakin bahwa hasil expect that the results in any of these
keputusan masalah atau tuntutan hukum proceedings will have a material adverse effect
tersebut tidak akan membawa dampak yang on the Group’s results of operations, financial
signifikan pada hasil usaha, posisi keuangan position or liquidity.
atau likuiditas Grup.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 193 629
Page 632
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI 42. OPERATING SEGMENT
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance with
internal yang disiapkan untuk Direksi, yang the internal reporting provided to the Directors, as the
bertindak sebagai pengambil keputusan operasi, chief operating decision maker, who are responsible
yang bertanggung jawab untuk mengalokasikan for allocating resources to the reportable segments
sumber daya ke segmen dan melakukan penilaian and assesses its performance. All operating
atas performanya. Seluruh segmen operasi yang segments used by the Group meet the definition of a
digunakan oleh Grup telah memenuhi kriteria reportable segment under PSAK 108, “Operating
pelaporan berdasarkan PSAK 108, “Segmen Segment”.
Operasi”.
Grup memiliki 6 (enam) pelaporan segmen, The Group has 6 (six) reportable segments, in
berdasarkan produk usaha, sebagaimana disajikan accordance with the business product, as set out in
dalam tabel di bawah ini. the table below.
Ritel Retail
Terdiri dari pinjaman yang diberikan kepada Consists of loans to pensioners and other individual
nasabah pensiunan dan nasabah individual lainnya. customers.
Kredit Usaha Mikro, Kecil & Menengah (UMKM) Micro, Small & Medium Enterprises (MSME)
Terdiri dari pinjaman yang diberikan kepada Consists of loans to micro, small & medium enterprise
nasabah usaha mikro, kecil dan menengah yang customers for commercial purpose.
digunakan untuk kegiatan usaha.
Penghimpunan dana dan tresuri Funding and treasury
Terdiri dari aktivitas penghimpunan dana dari pihak Consists of funding business activity in raising funds
ketiga dan bank lain, serta aktivitas tresuri termasuk from third party and other banks, and centralised
pinjaman yang diterima dan surat berharga yang treasury operations including borrowings and
diterbitkan. securities issued.
Korporasi Corporate
Terdiri dari pinjaman dan layanan yang diberikan Consists of loans and services from corporate
dari nasabah korporasi yang digunakan untuk customers which related to commercial purpose.
kegiatan usaha.
Syariah Sharia
Merupakan lini segmen operasi atas Entitas Anak Represents a line of operating segments of
yang beroperasi sebagai bank umum syariah Subsidiaries which operate as a sharia commercial
bank.
Terdiri dari pembiayaan syariah, dana pihak ketiga Consists of sharia financing, third party funds from
dari nasabah syariah yang digunakan untuk sharia customers which related to commercial
kegiatan usaha. purpose.
Pembiayaan Financing
Merupakan lini segmen operasi atas Entitas Anak Represents a line of operating segments of
yang beroperasi sebagai perusahaan pembiayaan. Subsidiaries which operate as a financing companies.
Terdiri dari piutang pembiayaan yang digunakan Consists of financing receivables which related to
untuk kegiatan usaha. commercial purpose.
Dalam mengalokasikan beban operasional, In allocating operating expenses, management
manajemen mengatribusikan beberapa pos beban attributed some of its expenses based on Group’s
operasional sesuai dengan kebijakan pelaporan internal reporting policy.
internal Grup.
630 194 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 633
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Penyesuaian
Penghimpunan dan
dana dan eliminasi/
tresuri/ Adjustment
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Pembiayaan/ and Konsolidasian/
Retail MSME Treasury Corporate Sharia Financing elimination Consolidated
Pendapatan dan Operating income
beban operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 4,196,668) 1,429,816) 1,395,207) 6,627,511) 5,219,244)) 5,512,638) (145,924) 24,235,160) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (1,887,304) (828,155) 7,596,731) (4,881,272) -) -) -) -)) income
Beban bunga antar Inter-segment interest
segmen 84,567) 101,477) (3,362,851) 3,176,807) -) -) -) -) expense
Interest expense and
Beban bunga dan bagi sharia profit
hasil syariah (9,606) (49,921) (4,295,936) (2,318,641) (488,984) (1,575,559) 415,390) (8,323,257) sharing
Pendapatan bunga Net reportable
dan syariah segment interest
segmen and sharia
dilaporkan-bersih 2,384,325) 653,217) 1,333,151) 2,604,405) 4,730,260) 3,937,079) 269,466) 15,911,903) income
Pendapatan Operating
operasional: income:
Pendapatan Other operating
operasional lainnya 535,564) 195,623) 1,144,312) 151,398) 39,676) 1,095,951) (484,543) 2,677,981) income
Keuntungan dari Net gain on
selisih kurs dan foreign exchange
transaksi derivatif – and derivative
bersih -) 777) 41,258) 408,290) 1,918) 14,404) (28,377) 438,270) transactions
Pendapatan Operating
operasional 535,564) 196,400) 1,185,570) 559,688) 41,594) 1,110,355) (512,920) 3,116,251) income
Operating
Beban operasional expenses
Beban operasional Other operating
lainnya (1,928,922) (791,677) (1,751,454) (1,195,738) (2,328,900) (2,585,566) (75,435) (10,657,692) expenses
Cadangan kerugian Allowance for
penurunan nilai (1,184,678) (351,151) (462) (519,876) (826,295) (5,164,082) -) (8,046,544) impairment losses
Operating
Beban operasional (3,113,600) (1,142,828) (1,751,916) (1,715,614) (3,155,195) (7,749,648) (75,435) (18,704,236) expenses
Beban operasional Net reportable
segmen dilaporkan operational
- bersih (2,578,036) (946,428) (566,346) (1,155,926) (3,113,601) (6,639,293) (588,355) (15,587,985) segment expense
Pendapatan (beban) Non-operating
non-operasional 2,765) 2,400) 11) 21) (50,340) 2,552) -) (42,591) income (expenses)
Laba (rugi) segmen Segment income
sebelum pajak (loss) before
penghasilan (190,946) (290,811) 766,816) 1,448,500) 1,566,319) (2,699,662) (318,889) 281,327) income tax
Beban pajak
penghasilan 30,338) 46,205) (121,834) (230,141) (365,589) 279,525) (21,960) (383,456) Income tax expense
Laba (rugi) bersih (160,608) (244,606) 644,982) 1,218,359) 1,200,730) (2,420,137) (340,849) (102,129) ) Net income (loss)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 195 631
Page 634
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut: (lanjutan) (continued)
31 Desember /December 2025
Penghimpunan
dana dan Penyesuaian
tresuri/ dan eliminasi/
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Pembiayaan/ Adjustment Konsolidasian/
Retail MSME Treasury Corporate Sharia Financing and elimination Consolidated
Aset Assets
Pinjaman/
pembiayaan yang
diberikan-bersih 30,171,712 12,840,621 - 104,229,231 9,471,283 - (5,217,538) 151,495,309 Net loans/financing
Pendapatan
bunga/marjin
yang masih akan
diterima dari Accrued interest/
pinjaman/ margin income
pembiayaan yang from loans/
diberikan 352,587 30,336 - 399,144 81,856 - (49,539) 814,384 financing
Piutang Financing
pembiayaan - - - - - 26,725,983 6,747) 26,732,730 receivables
Aset lain-lain yang Other allocated
dialokasikan - - 40,269,730 - 12,263,017 946,419 (719,853) 52,759,313 assets
Pendapatan
bunga/marjin
yang masih akan Accrued interest/
diterima - - 115,259 - 136,701 461 (461) 251,960 margin income
Jumlah aset yang Total allocated
dialokasikan 30,524,299 12,870,957 40,384,989 104,628,375 21,952,857 27,672,863 (5,980,644) 232,053,696 assets
Aset yang tidak
dialokasikan* 13,794,469 Unallocated assets*
Jumlah aset 245,848,165 Total assets
Liabilitas Liabilities
Simpanan nasabah 1,271,033 2,647,445 45,678,411 69,905,240 2,279,586 - (710,386) 121,071,329 Customer deposits
Beban bunga/bagi
hasil yang Accrued interest
masih harus - expense/revenue
dibayar - - 213,159 - 19,019 (460) 231,718 sharing
Liabilitas lain-lain Other allocated
yang dialokasikan - - 36,837,461 - - 21,565,352 (5,223,945) 53,178,868 liabilities
Beban bunga yang
masih harus Accrued
dibayar - - 100,767 - - 165,878 (49,539) 217,106 interest expenses
Jumlah liabilitas
yang Total allocated
dialokasikan 1,271,033 2,647,445 82,829,798 69,905,240 2,298,605 21,731,230 (5,984,330) 174,699,021 liabilities
Liabilitas yang tidak Unallocated
dialokasikan* 7,763,679 liabilities*
Jumlah liabilitas 182,462,700 Total liabilities
Dana syirkah Temporary syirkah
temporer - - - - 9,929,751 - -) 9,929,751 fund
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
632 196 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 635
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut: (lanjutan) (continued)
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Penyesuaian
Penghimpunan dan
dana dan eliminasi/
tresuri/ Adjustment
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Pembiayaan/ and Konsolidasian/
Retail MSME Treasury Corporate Sharia Financing elimination Consolidated
Pendapatan dan Operating income
beban operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 4,054,849) 1,460,055) 1,494,220) 7,238,985) 5,398,377) 4,060,783) (118,934) 23,588,335) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (1,841,983) (848,562) 8,255,157) (5,564,612) -) -) -) -)) income
Beban bunga antar Inter-segment interest
segmen 105,775) 57,665) (3,723,130) 3,559,690) -) -) -) -) expense
Interest expense and
Beban bunga dan bagi sharia profit
hasil syariah (10,563) (21,036) (4,542,717) (2,468,329) (504,104) (1,184,730) 351,426) (8,380,053) sharing
Pendapatan bunga Net reportable
dan syariah segment interest
segmen and sharia
dilaporkan-bersih 2,308,078) 648,122) 1,483,530) 2,765,734) 4,894,273) 2,876,053) 232,492) 15,208,282) income
Pendapatan Operating
operasional: income:
Pendapatan Other operating
operasional lainnya 172,830) 192,953) 1,299,062) 267,350) 40,075) 802,902) (422,703) 2,352,469) income
Keuntungan dari Net gain on
selisih kurs dan foreign exchange
transaksi derivatif – and derivative
bersih -) 496) 100,394) 449,386) 3,651) 5,457) (16,693) 542,691) transactions
Pendapatan Operating
operasional 172,830) 193,449) 1,399,456) 716,736) 43,726) 808,359) (439,396) 2,895,160) income
Operating
Beban operasional expenses
Beban operasional Other operating
lainnya (1,584,201) (748,991) (2,240,290) (1,260,249) (2,227,577) (1,987,252) (54,324) (10,102,884) expenses
Cadangan kerugian Allowance for
penurunan nilai (730,667) (284,680) 1,348) (106,671) (1,359,766) (1,416,704) -) (3,897,140) impairment losses
Operating
Beban operasional (2,314,868) (1,033,671) (2,238,942) (1,366,920) (3,587,343) (3,403,956) (54,324) (14,000,024) expenses
Beban operasional Net reportable
segmen dilaporkan operational
- bersih (2,142,038) (840,222) (839,486) (650,184) (3,543,617) (2,595,597) (493,720) (11,104,864) segment expense
Pendapatan (beban) Non-operating
non-operasional 1,229) 1,688) 4,330) -) 2,541) 7,267) -) 17,055) income (expenses)
Laba (rugi) segmen Segment income
sebelum pajak (loss) before
penghasilan 167,269) (190,412) 648,374) 2,115,550) 1,353,197) 287,723) (261,228) 4,120,473) income tax
Beban pajak
penghasilan (31,156) 35,467) (120,769) (394,053) (292,036) (75,544) (26,142) (904,233) Income tax expense
Laba (rugi) bersih 136,113) (154,945) 527,605) 1,721,497) 1,061,161) 212,179) (287,370) 3,216,240) ) Net income (loss)
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 197 633
Page 636
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut: (lanjutan) (continued)
31 Desember/December 2024
Penghimpunan Penyesuaian
dana dan dan eliminasi/
tresuri/ Adjustment
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Pembiayaan/ and Konsolidasian/
Retail MSME Treasury Corporate Sharia Financing elimination Consolidated
Aset Assets
Pinjaman/
pembiayaan yang
diberikan-bersih 31,898,025 13,553,914 - 97,487,706 9,247,485 - (6,137,815) 146,049,315 Net loans/financing
Pendapatan
bunga/marjin
yang masih akan
diterima dari Accrued interest/
pinjaman/ margin income
pembiayaan yang from loans/
diberikan 311,836 34,844 - 391,054 102,146 - (77,545) 762,335 financing
Piutang Financing
pembiayaan - - - - - 27,622,708 (161,016) 27,461,692 receivables
Aset lain-lain yang 1,156,733 Other allocated
dialokasikan - - 41,511,476 - 11,416,101 (1,083,212) 53,001,098 assets
Pendapatan
bunga/marjin
yang masih akan Accrued interest/
diterima - - 47,882 - 147,387 647 (647) 195,269 margin income
Jumlah aset yang Total allocated
dialokasikan 32,209,861 13,588,758 41,559,358 97,878,760 20,913,119 28,780,088 (7,460,235) 227,469,709 assets
Aset yang tidak
dialokasikan* 13,626,718 Unallocated assets*
Jumlah aset 241,096,427 Total assets
Liabilitas Liabilities
Simpanan nasabah 2,281,503 1,683,783 43,838,425 62,618,843 2,125,081 - (829,176) 111,718,459 Customer deposits
Beban bunga/bagi
hasil yang Accrued interest
masih harus expense/revenue
dibayar - - 268,045 - 18,825 - (647) 286,223 sharing
Liabilitas lain-lain 19,476,860 Other allocated
yang dialokasikan - - 43,019,647 - 200,000 (6,365,984) 56,330,523 liabilities
Beban bunga yang
masih harus Accrued
dibayar - - 150,480 - - 202,915 (77,867) 275,528 interest expenses
Jumlah liabilitas
yang Total allocated
dialokasikan 2,281,503 1,683,783 87,276,597 62,618,843 2,343,906 19,679,775 (7,273,674) 168,610,733 liabilities
Liabilitas yang tidak Unallocated
dialokasikan* 8,140,303 liabilities*
Jumlah liabilitas 176,751,036 Total liabilities
Dana syirkah Temporary syirkah
temporer - - - - 9,599,352 - - 9,599,352 fund
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
Berdasarkan informasi geografis Geographical information
Pada tanggal 31 Desember 2025, segmen berdasarkan As of 31 December 2025, geographical segment consists
geografis terdiri dari 500 cabang yang terbagi menjadi of 500 branches that are located into 4 areas, which are
4 area yaitu Jawa, Sumatera, Bali dan Nusa Tenggara, Java, Sumatera, Bali and Nusa Tenggara, also
serta, Kalimantan dan Sulawesi (31 Desember 2024: Kalimantan and Sulawesi (31 December 2024:
489 cabang). 489 branches).
Segmen informasi berdasarkan geografis adalah Information concerning geographical segments is as
sebagai berikut: follows:
Penyesuaian
Kalimantan dan eliminasi/
Jawa/ Bali dan/and dan/and Adjustment and Konsolidasian/
Java Sumatera Nusa Tenggara Sulawesi elimination Consolidated
31 Desember 2025 31 December 2025
Pendapatan bunga 18,008,807 3,521,036 621,452 2,229,790 (145,925) 24,235,160 Interest income
Jumlah aset 220,031,116 20,059,719 3,582,113 14,742,815 (12,567,598) 245,848,165 Total assets
31 Desember 2024 31 December 2024
Pendapatan bunga 17,925,773 3,199,890 596,999 1,984,607 (118,934) 23,588,335 Interest income
Jumlah aset 218,019,971 18,996,010 3,609,868 14,410,847 (13,940,269) 241,096,427 Total assets
634 198 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 637
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. LABA BERSIH PER SAHAM 43. EARNINGS PER SHARE
a. Laba per saham dasar a. Basic earnings per share
31 Desember/December
2025 2024
Jumlah laba per saham dasar yang Total basic earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 47 279 holders of the Bank
b. Laba per saham dilusian b. Diluted earnings per share
31 Desember/December
2025 2024
Jumlah laba per saham dilusian yang Total diluted earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 47 279 holders of the Bank
c. Laba yang digunakan dalam perhitungan c. Earnings used in calculating earnings per
laba per saham share
31 Desember/December
2025 2024
Laba per saham dasar Basic earnings per share
Laba yang tersedia bagi pemegang
saham biasa Bank yang digunakan Profit attributable to the ordinary
dalam perhitungan laba per saham equity holders of the Bank used in
dasar 505,557 2,812,986 calculating basic earnings per share
Laba per saham dilusian Diluted earnings per share
Laba yang tersedia bagi pemegang
saham biasa Bank yang digunakan Profit attributable to the ordinary
dalam perhitungan laba per saham equity holders of the Bank used in
dilusian 505,557 2,812,986 calculating diluted earnings per share
d. Jumlah rata-rata tertimbang saham yang d. Weighted average number of shares used as
digunakan sebagai penyebut the denominator
31 Desember/December
2025 2024
Jumlah rata-rata tertimbang jumlah Weighted average number of
saham yang digunakan sebagai ordinary shares used as the
penyebut dalam perhitungan laba denominator in calculating basic
per saham dasar 10,645,945,748 10,087,089,587 earnings per share
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai penyebut shares used as the denominator in
dalam perhitungan laba per saham calculation diluted earnings per
dilusian 10,645,945,748 10,087,089,587 share
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 199 635
Page 638
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. PERJANJIAN KERJASAMA, KONTRAK DAN 44. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN COMMITMENTS
a. PT Taspen (Persero) a. PT Taspen (Persero)
Sejak tahun 2007, Bank telah bekerja sama Since 2007, the Bank has been cooperating with
dengan PT Taspen (Persero) dimana Bank PT Taspen (Persero) in which the Bank become
menjadi salah satu mitra untuk penanganan one of the partners for handling the payments of
pembayaran uang pensiun kepada para pension to retired government employees.
pensiunan pegawai Pemerintah.
b. PT Pos Indonesia (Persero) b. PT Pos Indonesia (Persero)
Sejak bulan Maret 2012 Bank telah bekerja Since March 2012, the Bank has been
sama dengan PT Pos Indonesia (Persero) cooperating with PT Pos Indonesia (Persero) in
dimana PT Pos Indonesia (Persero) membantu which PT Pos Indonesia (Persero) assists the
Bank dalam melakukan pemotongan uang Bank in deducting the pension benefits of retired
pensiun para pegawai pemerintah untuk government employees for pension loan
angsuran kredit pensiun dan memasarkan installments and marketing the Bank’s pension
produk kredit pensiunan Bank. loan products.
Perjanjian kerjasama Bank dengan The Bank’s cooperation agreement with
PT Pos Indonesia (Persero) diperbaharui PT Pos Indonesia (Persero) is renewed regularly
secara berkala dan berdasarkan perjanjian and based on the latest agreement, the
terakhir, kerjasama ini akan terus berlangsung cooperation will be continuing until 25 July 2026.
sampai dengan tanggal 25 Juli 2026.
c. Perjanjian Kerjasama Bancassurance c. Bancassurance Agreement
Pada bulan Agustus 2014, Bank melakukan In August 2014, the Bank entered into
kerjasama bancassurance dengan a bancassurance agreement with PT Asuransi
PT Asuransi Allianz Life Indonesia (“Allianz”). Allianz Life Indonesia (“Allianz”). The Bank will
Bank akan mendistribusikan produk-produk distribute life insurance products of Allianz to its
asuransi jiwa dari Allianz kepada nasabah Bank customers through the Bank’s distribution
melalui seluruh jalur distribusi Bank. Perjanjian channels. The agreement is effective for
ini berlaku selama 10 tahun. 10 years.
Pada tanggal 10 Januari 2024, Bank telah On 10 January 2024, Bank has extended
memperpanjang perjanjian kerjasama dengan bancassurance agreement with Allianz, which is
Allianz yang berlaku selama 5 tahun dari effective for 5 years starting from 9 August 2024
tanggal 9 Agustus 2024 sampai dengan until 8 August 2029.
8 Agustus 2029.
d. Entitas Anak d. Subsidiaries
Pada tanggal 24 Juli 2014, PT Oto Multiartha On 24 July 2014, PT Oto Multiartha (“OTO”) and
("OTO”) dan PT Summit Oto Finance (“SOF”) PT Summit Oto Finance (“SOF”) entered into
mengadakan perjanjian dengan Netsol agreement with Netsol Technologies Ltd
Technologies Ltd (“NetSolTech”) terkait (“NetSolTech”) regarding the conversion of the
konversi sistem operasi bisnis OTO dan SOF. OTO and SOF’s business operational system.
Selanjutnya, pada bulan Juni 2025, Subsequently, in June 2025, based on deed of
berdasarkan perjanjian pengalihan antara assignment between Netsol Tech with Netsol
NetSolTech dengan NetSol Ascent Middle East Ascent Middle East Computer Equipment
Computer Equipment Trading LLC. ("Netsol"), Trading LLC. ("Netsol"), OTO, and SOF,
OTO, dan SOF, NetSolTech mengalihkan NetsolTech assign the agreement together with
perjanjian tersebut beserta seluruh hak, all of the NetsolTech's rights, title, and
kepemilikan, dan kewajiban NetsolTech obligations therein to Netsol. Based on the
kepada Netsol. Berdasarkan perjanjian ini agreement, NetSol is required to deliver
NetSol berkewajiban untuk memberikan jasa consultation services, development, licensing
konsultasi, pengembangan, lisensi dan and implementation of the system to OTO dan
pengimplementasian sistem kepada OTO dan SOF. Accordingly, NetSol is entitled for the
SOF. Oleh karena itu, NetSol berhak atas service fee and OTO and SOF are obliged to pay
imbalan jasa dan OTO dan SOF berkewajiban the service fee.
untuk membayar imbalan jasa tersebut.
200
636 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 639
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. PERJANJIAN KERJASAMA, KONTRAK DAN 44. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
e. Komitmen signifikan lainnya e. Other significant commitment
Bank menyewa kantor dengan perjanjian sewa The Bank leases offices under non-cancellable
yang tidak dapat dibatalkan. Masa sewa antara lease agreements. The lease terms are between
5 – 11 tahun dengan mayoritas perjanjian jasa 5 – 11 years, and the majority of lease
dapat diperbarui pada akhir periode dengan harga agreements are renewable at the end of the lease
pasar. Bank diharuskan memberitahukan enam period at the market rate. The Bank is required to
bulan lebih awal apabila berniat mengakhiri give a six-month notice for the termination of these
perjanjian sewa. Beban terkait transaksi sewa yang agreements. The expenses related with lease
dibebankan pada laba rugi selama periode berjalan transactions charged to the profit or loss during
diungkapkan dalam Catatan 32 dan 37. the period was disclosed in Notes 32 and 37.
Berikut ini adalah pihak-pihak yang The following are counterparties of the Bank’s
mengadakan perjanjian sewa dengan Bank: lease commitments:
Pihak dalam perjanjian/ Item yang disewa/ Periode perjanjian/
Counterparties Leased items Period of agreement
PT Bahana Semesta Citra Ruang Kantor/Office Space 5 Oktober/October 2015 –
Nusantara 14 Juni/June 2032
Jumlah pembayaran sewa minimum di masa The future aggregate minimum lease payments
depan dalam perjanjian sewa yang tidak dapat under non-cancellable leases were as follows:
dibatalkan adalah sebagai berikut:
31 Desember/December
2025 2024
Kurang dari 1 tahun 13,671 - Less than 1 year
Lebih dari 1 - 5 tahun 243,694 293,201 More than 1 - 5 years
Lebih dari 5 tahun 8,192 8,196 More than 5 years
265,557 301,397
45. MANAJEMEN RISIKO 45. RISK MANAGEMENT
Kerangka manajemen risiko Risk management framework
Grup mengutamakan penerapan manajemen risiko The Group focuses on the risk management
baik pada Bank dan Entitas Anak. Bank memiliki implementation for the Bank and Subsidiaries. The
segmen yang lengkap mulai dari segmen pinjaman Bank has complete segments starting from loans with
dengan plafon kecil di BTPN Syariah, Digital, small limit at BTPN Syariah, Digital, Pension, Micro
Pensiun, Micro Business, SME, Komersial sampai Business, SME, Commercial up to Corporate
dengan Korporasi serta piutang pembiayaan dari segment, as well as financing receivables from
entitas anak lembaga pembiayaan. Dalam hal multifinance subsidiaries. In term of portfolio
konsentrasi portofolio, segmen Korporasi menjadi concentration, Corporate segment is the largest
portofolio terbesar yaitu di kisaran 64% pada posisi portfolio at around 64% as of 31 December 2025 and
31 Desember 2025 dan 61% pada posisi 61% as of 31 December 2024 followed by Pensioners
31 Desember 2024 diikuti oleh segmen Pensiunan segment at around 13% as of 31 December 2025
di kisaran 13% pada posisi 31 Desember 2025 (31 December 2024: 14%).
(31 Desember 2024: 14%).
Pengembangan manajemen risiko keuangan di Financial risk management development in the Group
Grup berpedoman pada peraturan OJK yang is guided by OJK regulations which govern risk
mengatur penerapan manajemen risiko bagi bank management implementation by commercial banks
umum yang beroperasi di Indonesia. operating in Indonesia.
201
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 637
Page 640
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
(Kerangka manajemen risiko (lanjutan) (Risk management framework (continued)
Kerangka manajemen risiko Grup The Group’s risk management framework is
diimplementasikan melalui kebijakan-kebijakan, implemented through policies, procedures,
prosedur, limit-limit transaksi dan kewenangan, transactions and authorisation limits, risk tolerance as
toleransi risiko serta perangkat manajemen risiko. well as risk management tools. The Group carries out
Grup melakukan pengembangan manajemen risiko continuous risk management development in line with
secara berkesinambungan sesuai dengan the increasing business complexity and the
meningkatnya kompleksitas bisnis dan development organisation, strategies and
perkembangan organisasi, strategi dan manajemen management information systems.
sistem informasi.
Penerapan manajemen risiko mencakup: The implementation of risk management covers:
- Pengawasan aktif Direksi dan Dewan Komisaris - Active supervision from Board of Directors and
- Kecukupan kebijakan dan prosedur Board of Commissioners
manajemen risiko, serta penetapan limit risiko - Sufficient policies and risk management
- Kecukupan proses identifikasi, pengukuran, procedures, and limit sets
pemantauan dan pengendalian risiko serta - Sufficient process of identification,
sistem informasi manajemen risiko measurement, risk oversight and control and risk
- Sistem pengendalian internal yang menyeluruh management information
- Overall internal control system
Organisasi manajemen risiko Grup melibatkan The risk management organization of the Group
pengawasan dari Direksi dan Dewan Komisaris. involves the oversight from the Board of Directors
Grup telah membentuk Komite Pemantau Risiko and Board of Commissioners. The Group has
sebagai pengawas tertinggi di tingkat komisaris dan established Risk Monitoring Committee as the
Komite Manajemen Risiko dan/atau Komite highest risk authority in the commissioner level and
Manajemen Risiko Non Keuangan di tingkat direksi Risk Management Committee and/or Non-Financial
yang merupakan bagian yang sangat penting dalam Management Risk Committee at the director level,
pengendalian risiko, sebagai unit kontrol yang which constitutes a crucial element in risk control, as
memantau seluruh risiko yang terdapat pada a control unit to monitor all of the risks in the Group’s
kegiatan operasional Grup. operating activities.
Risiko yang timbul dari instrumen keuangan Grup The risks arising from the Group’s financial
adalah risiko keuangan, termasuk diantaranya instruments are financial risks, which include credit
adalah risiko kredit dan pembiayaan, risiko and financing risk, liquidity risk, market risk and
likuiditas, risiko pasar dan risiko operasional. operational risk.
Entitas Anak telah menerapkan manajemen risiko, Subsidiary has implemented risk management,
antara lain dengan membentuk unit risiko pada among others by establishing a risk unit in Subsidiary.
Entitas Anak. Manajemen risiko pada Entitas Anak Risk management in Subsidiary is operating
secara operasional dilakukan terpisah dari unit separately from the business unit and conducting its
bisnis dan menjalankan fungsinya secara function independently.
independen.
Disamping itu, Dewan Komisaris dan Direksi pada In addition, the Subsidiary’s Board of Commissioners
Entitas Anak secara aktif juga melakukan and Board of Directors actively monitor and evaluate
pemantauan, dan evaluasi terhadap pengendalian the internal controls, through the reports, as a basis
internal melalui laporan-laporan untuk digunakan in formulating and developing appropriate policies for
sebagai dasar untuk merumuskan dan the Subsidiary.
mengembangkan kebijakan yang tepat pada Entitas
Anak.
Bank selaku Entitas Utama telah menerapkan As the Lead Entity, the Bank has implemented
manajemen risiko konsolidasian sesuai ketentuan consolidated risk management in accordance with
OJK. Penerapan manajemen risiko konsolidasian OJK regulation. The Implementation of consolidated
antara lain mencakup laporan perhitungan risk management among others include report of
Kecukupan Penyediaan Modal Minimum (KPMM) consolidated minimum Capital Adequacy Ratio
konsolidasian, Batas Maksimum Pemberian Kredit (CAR), Legal Lending Limit (LLL), risk profile, Risk-
(BMPK) konsolidasian, laporan Profil Risiko Based Bank Rating and Internal Capital Adequacy
konsolidasian, Tingkat Kesehatan Bank (Risk- Assessment Process (ICAAP).
Based Bank Rating) konsolidasian dan Internal
Capital Adequacy Assessment Process (ICAAP)
konsolidasian.
202
638 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 641
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
(Kerangka manajemen risiko (lanjutan) (Risk management framework (continued)
Sehubungan dengan aksi korporasi yang telah In relation with the corporate action that have been
dilakukan Bank pada tahun 2024 dengan carried out by the Bank in 2024 by acquiring 2 Multi
mengakuisisi 2 Perusahaan Multi Finance yaitu Finance Companies, namely PT Oto Multiartha
PT Oto Multiartha (“OTO”) dan PT Summit Oto ("OTO") and PT Summit Oto Finance ("SOF") as
Finance (“SOF”) sebagai entitas anak, Bank telah subsidiaries, the Bank have obtained approval from
memperoleh persetujuan dari regulator untuk regulatory to implement Financial Conglomeration
pelaksanaan Konglomerasi Keuangan dimana Bank with Bank SMBC Indonesia appointed as the Lead
SMBC Indonesia ditunjuk sebagai Entitas Utama. Entity.
Sebagai Entitas Utama, Bank SMBC Indonesia As Lead Entity, Bank SMBC Indonesia is
menerapkan Manajemen Risiko dan Permodalan implementing Integrated Risk and Capital
Terintegrasi sesuai dengan peraturan yang berlaku. Management in accordance with applicable
Bank SMBC Indonesia bersama-sama dengan regulation. Bank SMBC Indonesia together with
Entitas Anak juga telah membentuk Komite Subsidiaries have also established Integrated Risk
Manajemen Risiko Terintegrasi yang mempunyai Management Committee which have the
tanggung jawab untuk memberikan rekomendasi responsibilities to provide recommendation to Board
kepada Direksi di Entitas Utama mengenai hal-hal of Directors in Lead Entity on matters related to the
yang berkaitan dengan penerapan Manajemen implementation of Integrated Risk Management,
Risiko Terintegrasi, termasuk penetapan dan including establishment and enhancement of relevant
penyempurnaan Kebijakan, Strategi dan Kerangka Risk Management Policy, Strategy and Framework.
Kerja Manajemen Risiko yang relevan.
Risiko kredit Credit risk
Risiko kredit adalah risiko kerugian keuangan yang Credit risk is the risk of financial loss, from the failure
timbul akibat kegagalan pihak lain dalam memenuhi of other parties to fulfill their obligations to the Group,
kewajiban kepada Grup, termasuk Risiko Kredit including Credit Risk due to the concentration of
akibat terkonsentrasinya penyediaan dana (Risiko funding provision (Credit Concentration Risk), Credit
Konsentrasi Kredit), Risiko Kredit akibat kegagalan Risk due to counterparty failure (counterparty credit
pihak lawan (counterparty credit risk), Risiko Kredit risk), Credit Risk due to settlement failure (settlement
akibat kegagalan settlement (settlement risk), dan risk), and Credit Risk due to country risk (including
Risiko Kredit akibat country risk (termasuk transfer transfer risk). Credit risk arises mainly from loans and
risk). Risiko kredit terutama berasal dari pinjaman financing receivables and/or sharia financing.
yang diberikan serta piutang pembiayaan dan/atau
pembiayaan syariah.
Grup juga terekspos risiko kredit yang muncul dari The Group is also exposed to credit risks arising from
investasi pada efek-efek utang. investment in debt securities.
Dalam hal Bank menyediakan bank garansi kepada The Bank also provides bank guarantee to its
nasabah yang mengharuskan Bank melakukan customers which require the Bank to make payments
pembayaran untuk kepentingan nasabah, maka Bank for customer interests. This causes the Bank to face
menghadapi risiko yang sama dengan kredit yang the same risks as the loans granted and these risks
diberikan kepada nasabah dan risiko tersebut juga are also mitigated by the same policies and
dimitigasi dengan kebijakan dan prosedur yang sama procedures.
Grup melakukan kaji ulang atas kebijakan kredit The Group reviews the credit policies periodically,
secara periodik terutama jika terdapat perubahan especially if there are any changes in market
kondisi perekonomian, perubahan peraturan conditions, changes in regulations and/or business
dan/atau pendekatan bisnis. approach.
Batas pemberian kredit ditetapkan dan ditelaah Lending limits are set and reviewed in the light of
mengikuti perubahan pada kondisi pasar dan changing market and economic conditions. Periodic
ekonomi. Penelaahan kredit secara periodik dan credit reviews and assessments of probability of
penilaian atas kemungkinan wanprestasi juga default are also conducted. Credit approval is
dilakukan. Proses persetujuan kredit dilakukan processed by credit committee and credit authority
melalui komite kredit dan kewenangan memutus as determined.
kredit sebagaimana ditetapkan.
203
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 639
Page 642
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(i) Manajemen risiko kredit (i) Credit risk management
Grup mengelola dan mengawasi secara aktif The Group actively manages and monitors the
kualitas portofolio pinjaman yang diberikan loan portfolio quality by implementation of credit
dengan cara menerapkan kebijakan manajemen and financing risk management policies
risiko kredit dan pembiayaan secara efektif, effectively, improving procedures and systems
serta melakukan penyempurnaan prosedur dan
pengembangan sistem. development.
Sistem Informasi Manajemen telah tersedia dan Management Information Systems (MIS) are in
akan terus dikembangkan serta telah mencakup place and continously developed and have
tingkat yang cukup rinci untuk mendeteksi setiap covered sufficient level of detail to detect any
perkembangan yang kurang baik sedini adverse development at an early stage, allowing
mungkin sehingga memungkinkan dilakukannya
tindakan yang tepat waktu untuk mengatasi timely measurement to be taken to counteract
kemungkinan penurunan kualitas kredit atau any possible deterioration in credit quality or to
untuk meminimalisasi kerugian kredit. minimise credit losses.
Agunan Collaterals
Bank menerapkan berbagai kebijakan dan The Bank employs a range of policies and
praktik untuk memitigasi risiko kredit, Bank practices to mitigate credit risk. The Bank
menerapkan berbagai panduan atas jenis-jenis implements guidelines on the acceptability of
agunan yang dapat diterima dalam rangka specific classes of collateral to mitigate credit
memitigasi risiko kredit. Jenis-jenis agunan atas risk. The collateral types for loans are as follows:
pinjaman yang diberikan antara lain adalah:
• Kas/deposito • Cash/Time deposits
• Tanah dan/atau Bangunan • Lands and/or Buildings
• SBLC • SBLC
• Kendaraan • Vehicles
• Peralatan (termasuk mesin dan alat berat) • Equipment (including machines and heavy
equipment)
• Persediaan • Inventories
• Piutang • Accounts receivable
Untuk kredit korporasi, Bank mendapatkan For corporate loans, the Bank received collateral
jaminan dalam bentuk standby letters of credit dari in the form of standby letters of credit from
bank afiliasi untuk membatasi risiko kredit bank. controlling banks to restrict the Bank’s credit risk.
Selain agunan yang disebutkan di atas, Bank In addition to the collateral mentioned above, the
juga menerima agunan lainnya yang terdiri dari Bank also accept other collaterals mainly
jaminan yang diterima dari perusahaan induk consists of guarantees received from the parent
debitur, penjaminan kredit korporasi dan entitas company of the debtor, corporate credit
publik lainnya, lembaga keuangan dan guarantees and other public entities, financial
perusahaan lain serta jaminan berupa efek- institutions and other companies as well as
efek. collateral in the form of securities.
Porsi kredit yang diberikan yang mendapatkan The portion of loans that benefits from such
manfaat dari agunan secara parsial atau penuh partial or full collateralization was disclosed in
diungkapkan pada Catatan 49. Note 49.
204
640 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 643
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan taking into account collateral held or other
kredit lainnya) credit enhancements)
Untuk aset keuangan yang diakui di laporan For financial assets recognized in the
posisi keuangan konsolidasian, eksposur consolidated statement of financial position, the
maksimum terhadap risiko kredit sama dengan maximum exposure to credit risk is equal to its
nilai tercatatnya. Untuk bank garansi dan carrying value. For bank guarantees and
irrevocable L/C yang diterbitkan, eksposur irrevocable L/C issued, maximum exposure to
maksimum terhadap risiko kredit adalah nilai credit risk is the value that must be paid by the
yang harus dibayarkan oleh Bank jika kewajiban Bank if the liabilities on the bank guarantee and
atas bank garansi dan irrevocable L/C yang irrevocable L/C issued has been occurred. For
diterbitkan terjadi. Untuk komitmen kredit, credit commitments, the maximum exposure to
eksposur maksimum atas risiko kredit adalah credit risk is equal to the amount of committed
sebesar jumlah komitmen fasilitas kredit credit facilities that have not been used by
(committed) yang belum digunakan oleh nasabah. customers.
Tabel berikut menyajikan eksposur maksimum The following table presents the Group’s
Grup terhadap risiko kredit untuk instrumen maximum exposure to credit risk of financial
keuangan pada laporan posisi keuangan instruments in the consolidated statement of
konsolidasian dan rekening administratif, tanpa financial position and off-balance sheet
memperhitungkan agunan yang dimiliki atau accounts, without taking into account any
perlindungan kredit lainnya: collateral held or other credit enhancements:
31 Desember/December
2025 2024
Giro pada Bank Indonesia 7,915,463 9,443,461 Current accounts with Bank Indonesia
Giro pada bank-bank lain 1,306,871 1,034,964 Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 14,922,827 12,695,156 other banks
Efek-efek 25,934,873 28,174,357 Securities
Efek-efek yang dibeli dengan janji dijual Securities purchased under resale
kembali (reverse repo) 1,684,697 468,782 agreements (reverse repo)
Tagihan derivatif 1,280,872 1,748,125 Derivative receivables
Tagihan akseptasi 3,792,186 3,317,541 Acceptance receivables
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah - bersih receivables - net
- Korporasi 99,011,692 91,349,890 Corporates -
- Pensiunan 19,883,350 21,782,822 Pensioners -
- Usaha Mikro Kecil dan Menengah Micro Small and Medium -
(“UMKM”) 14,591,630 15,265,130 Enterprises ("MSME")
- Pembiayaan/piutang syariah 9,471,283 9,247,485 Sharia financing/receivables -
- Lainnya 8,537,354 8,403,988 Others -
- Pendapatan bunga/marjin yang masih
akan diterima 814,384 762,335 Accrued interest/margin income -
Piutang pembiayaan 26,732,730 27,461,692 Financing receivables
Penyertaan saham 26,572 75,285 Investment in shares
Aset lain-lain 1,254,496 626,819 Other assets
237,161,280 231,857,832
Komitmen dan kontinjensi dengan Commitments and contingencies with
risiko kredit: credit risk:
Garansi yang diberikan 7,206,420 7,715,450 Guarantees provided
Fasilitas kredit kepada nasabah yang belum Unused credit facilities to customers -
digunakan - committed 14,297,829 11,762,750 committed
Letters of credit yang tidak dapat dibatalkan 1,639,627 1,582,162 Irrevocable letters of credit
205
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 641
Page 644
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan taking into account collateral held or other
kredit lainnya) (lanjutan) credit enhancements) (continued)
Tabel di bawah ini menunjukkan eksposur The table below shows the net maximum
maksimum neto atas risiko kredit untuk exposure to credit risk on securities purchased
efek-efek yang dibeli dengan janji dijual kembali under resale agreements (reverse repo) on
(reverse repo) pada tanggal 31 Desember 2025 31 December 2025 and 2024:
dan 2024:
31 Desember/December 2025
Eksposur
maksimum / Agunan/ Eksposur neto/
Keterangan Maximum exposure Collateral Net exposure Description
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali resale agreements
(reverse repo) 1,684,697 (1,722,349) - (reverse repo)
31 Desember/December 2024
Eksposur
maksimum / Agunan/ Eksposur neto/
Keterangan Maximum exposure Collateral Net exposure Description
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali resale agreements
(reverse repo) 468,187 (487,678) - (reverse repo)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit credit risk exposure
Grup mengelola dan mengendalikan The Group manages and controls concentrations
konsentrasi risiko kredit dimanapun risiko of credit risk wherever they are identified - in
tersebut teridentifikasi - secara khusus, particular, to individual and group counterparties,
terhadap debitur individu dan kelompok, dan and to industries and geographical sectors.
industri serta sektor geografis.
Dalam pengelolaan dan pengendalian risiko In managing and controlling concentration risk,
konsentrasi tersebut, Grup menetapkan batas the Group sets limits of concentration risk that
jumlah risiko konsentrasi yang dapat diterima can be accepted for one debtor or group of
untuk satu debitur atau kelompok debitur. debtors.
206
642 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 645
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan eksposur (iii) Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by geographical sectors
geografis adalah sebagai berikut: was as follows:
31 Desember/December 2025
Bali
dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa/Java* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 7,915,463 - - - 7,915,463 Indonesia
Current accounts with other
Giro pada bank-bank lain 1,304,754 267 60 1,790 1,306,871 banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank-bank lain 14,922,827 - - - 14,922,827 Indonesia and other banks
Efek-efek 25,934,873 - - - 25,934,873 Securities
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali resale agreements
(reverse repo) 1,684,697 - - - 1,684,697 (reverse repo)
Tagihan derivatif 1,280,872 - - - 1,280,872 Derivative receivables
Tagihan akseptasi 3,792,186 - - - 3,792,186 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah – Loans and sharia financing/
bersih 131,308,508 11,555,810 2,202,776 7,242,599 152,309,693 receivables - net
Piutang pembiayaan - bersih 10,398,835 7,945,611 1,296,381 7,091,903 26,732,730 Financing receivables - net
Penyertaan saham 26,572 - - - 26,572 Investment in shares
Aset lain-lain - bersih 1,194,599 25,610 2,395 31,892 1,254,496 Other assets- net
199,764,186 19,527,298 3,501,612 14,368,184 237,161,280
Komitmen dan kontinjensi Commitments and contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan 7,206,420 - - - 7,206,420 Guarantees issued
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to
committed 13,677,629 620,200 - - 14,297,829 customers - committed
Letters of credit yang tidak dapat
dibatalkan 1,639,627 - - - 1,639,627 Irrevocable letters of credit
31 Desember/December 2024
Bali
dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa/Java* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 9,443,461 - - - 9,443,461 Indonesia
Current accounts with other
Giro pada bank-bank lain 1,034,135 676 60 93 1,034,964 banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank-bank lain 12,695,156 - - - 12,695,156 Indonesia and other banks
Efek-efek 28,174,357 - - - 28,174,357 Securities
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali resale agreements
(reverse repo) 468,782 - - - 468,782 (reverse repo)
Tagihan derivatif 1,748,125 - - - 1,748,125 Derivative receivables
Tagihan akseptasi 3,317,541 - - - 3,317,541 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah – Loans and sharia financing/
bersih 125,164,955 11,509,767 2,346,032 7,790,896 146,811,650 receivables - net
Piutang pembiayaan - bersih 13,077,145 6,944,576 1,177,917 6,262,054 27,461,692 Financing receivables - net
Penyertaan saham 75,263 8 - 14 75,285 Investment in shares
Aset lain-lain - bersih 595,430 12,473 1,699 17,217 626,819 Other assets- net
195,794,350 18,467,500 3,525,708 14,070,274 231,857,832
Komitmen dan kontinjensi Commitments and contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan 7,715,450 - - - 7,715,450 Guarantees issued
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to
committed 11,253,895 406,860 - 101,995 11,762,750 customers - committed
Letters of credit yang tidak dapat
dibatalkan 1,582,162 - - - 1,582,162 Irrevocable letters of credit
*) Termasuk Kantor Pusat *) Including Head Office
207
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 643
Page 646
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by industry sectors was
industri adalah sebagai berikut: as follows:
31 Desember/December 2025
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Giro pada Bank Current accounts with
Indonesia 7,915,463 - - - - - 7,915,463 Bank Indonesia
Current accounts with
Giro pada bank-bank lain - 1,306,871 - - - - 1,306,871 other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 12,515,447 2,407,380 - - - - 14,922,827 banks
Efek-efek 22,358,541 1,798,005 1,433,069 - 345,258 - 25,934,873 Securities
Securities purchased
Efek-efek yang dibeli under resale
dengan janji dijual agreements
kembali (reverse repo) - 1,684,697 - - - - 1,684,697 (reverse repo)
Tagihan derivatif - 1,191,843 9,227 36,308 43,494 - 1,280,872 Derivative receivables
Tagihan akseptasi - - 3,792,186 - - - 3,792,186 Acceptance receivables
Pinjaman yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables -
bersih - 20,002,083 22,590,204 29,551,365 40,633,744 39,532,297 152,309,693 net
Piutang pembiayaan - Financing receivables –
bersih - - - - - 26,732,730 26,732,730 net
Penyertaan saham - 26,572 - - - - 26,572 Investment in shares
Aset lain-lain 1,823 34,563 276,635 - - 941,475 1,254,496 Other assets
42,791,274 28,452,014 28,101,321 29,587,673 41,022,496 67,206,502 237,161,280
Commitments and
Komitmen dan kontinjensi contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan - - 7,206,420 - - - 7,206,420 Guarantees issued
Fasilitas kredit kepada Unused credit facilities
nasabah yang belum to customers –
digunakan - committed - 2,105,053 1,684,343 5,103,900 1,611,062 3,793,471 14,297,829 committed
Letters of credit yang Irrevocable letters of
tidak dapat dibatalkan - - 1,639,627 - - - 1,639,627 credit
31 Desember/December 2024
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Giro pada Bank Current accounts with
Indonesia 9,443,461 - - - - - 9,443,461 Bank Indonesia
Current accounts with
Giro pada bank-bank lain - 1,034,964 - - - - 1,034,964 other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 9,188,205 3,506,951 - - - - 12,695,156 banks
Efek-efek 25,969,583 1,900,866 - 784 303,124 - 28,174,357 Securities
Securities purchased
Efek-efek yang dibeli under resale
dengan janji dijual agreements
kembali (reverse repo) - 468,782 - - - - 468,782 (reverse repo)
Tagihan derivatif - 1,714,451 987 379 32,308 - 1,748,125 Derivative receivables
Tagihan akseptasi - - 3,317,541 - - - 3,317,541 Acceptance receivables
Pinjaman yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables -
bersih - 19,029,077 21,930,556 32,442,142 30,176,855 43,233,020 146,811,650 net
Piutang pembiayaan - Financing receivables –
bersih - - - - - 27,461,692 27,461,692 net
Penyertaan saham - 75,285 - - - - 75,285 Investment in shares
Aset lain-lain 686 11,668 - - - 614,465 626,819 Other assets
44,601,935 27,742,044 25,249,084 32,443,305 30,512,287 71,309,177 231,857,832
Commitments and
Komitmen dan kontinjensi contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan - - 7,715,450 - - - 7,715,450 Guarantees issued
Fasilitas kredit kepada Unused credit facilities
nasabah yang belum to customers –
digunakan - committed - 967,450 726,074 3,339,868 1,754,451 4,974,907 11,762,750 committed
Letters of credit yang Irrevocable letters of
tidak dapat dibatalkan - - 1,582,162 - - - 1,582,162 credit
208
644 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 647
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan eksposur (iii) Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
Konsentrasi risiko kredit berdasarkan jenis kredit The credit risk concentration by type of credit or
atau pembiayaan, mata uang, sektor ekonomi dan financing, currency, economic sector and
hubungan dengan debitur diungkapkan pada relationship with debtors is disclosed in Note 12 and
Catatan 12 dan Catatan 13. Note 13.
(iv) Kualitas kredit aset keuangan (iv) Credit quality of financial assets
Proses penentuan kualitas kredit Bank mengacu Process of determining the Bank’s credit quality
pada kolektibilitas sesuai peraturan OJK. refers to collectability in accordance with the OJK
regulations.
Segmen korporasi Corporate segment
Untuk segmen korporasi, kualitas kredit dikelola For corporate segment, the quality of credit is
oleh Bank dengan menggunakan peringkat kredit managed by the Bank using internal credit ratings.
internal. Bank menentukan peringkat suatu debitur The Bank determines the rating of a debtor by first
dengan terlebih dahulu menetapkan peringkat determining the financial grade using a rating model
keuangan (financial grade) dengan menggunakan from financial aspects and data obtained from the
model peringkat dari aspek keuangan dan data debtor's financial statements, including net worth and
yang diperoleh dari laporan keuangan debitur, cash flows. This financial grade is then adjusted by
termasuk kekayaan bersih dan arus kas. Peringkat considering the conditions of the debtor's financial
keuangan ini kemudian disesuaikan dengan position and qualitative factors to determine the
mempertimbangkan kondisi dari posisi keuangan grade of the debtor.
debitur dan faktor kualitatif untuk menentukan
peringkat debitur.
Faktor kualitatif terutama mencakup arus kas masa Qualitative factors mainly cover expected future cash
depan yang diharapkan dengan flows with considering some factors such as
mempertimbangkan faktor-faktor seperti informasi historical loss information, conformity of the debtor's
kerugian historis, kesesuaian rencana bisnis business plan or operational improvement plan,
debitur atau rencana perbaikan operasional, status status of developments in the business plan and
perkembangan rencana bisnis dan dukungan overall support from financial institutions.
menyeluruh dari lembaga keuangan.
Selain prosedur peringkat di atas, dalam hal debitur In addition of grading procedure above, in the event
dianggap sebagai anak perusahaan yang that the debtor is considered as a subsidiary that is
dikonsolidasi oleh induk perusahaan di luar negeri, consolidated by a parent company abroad, the
peringkat debitur bisa ditentukan dengan debtor's grading can be determined by adopting an
mengadopsi peringkat obligor berdasarkan obligor grading based on credit grading provided by
peringkat kredit yang diberikan induk perusahaan the Bank's parent company. Debtor grading and
Bank terhadap induk perusahaan tersebut. facility grading are reviewed at least once a year, or
Peringkat debitur dan peringkat fasilitas ditelaah if needed, when there are changes in credit.
paling sedikit setahun sekali, atau bila diperlukan,
ketika ada perubahan kredit.
Peringkat internal untuk segmen korporasi Internal grading for corporate segment is
digolongkan sebagai berikut: categorized as follows:
• Debitur Grading 1-3 memiliki kemampuan • Grading 1-3 debtors have very strong ability to
membayar kewajiban yang tinggi. pay their obligations.
• Debitur Grading 4-6 tidak mengalami kesulitan • Grading 4-6 debtors do not experience
pembayaran kewajiban, namun terdapat faktor difficulties to pay their obligations; however,
bisnis atau ekonomi yang dapat menyebabkan there are business or economy factors that may
masalah dalam pembayaran kewajiban. cause difficulties to pay the obligations.
• Debitur Grading 7A dan 7B memerlukan • Grading 7A and 7B debtors need special
pemantauan khusus karena bisnis yang observation as they experience
lesu/tidak stabil, atau masalah keuangan. sluggish/unstable business, or financial issues.
• Debitur Grading 7R atau lebih rendah • Grading 7R or lower debtors represent debtors
merupakan debitur yang telah mengalami which are credit-impaired (default).
penurunan nilai (default).
209
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 645
Page 648
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut: was as follows:
31 Desember/December 2025
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Grade 1-3 7,709,732 - - - 7,709,732 Grade 1-3
Tanpa peringkat - - - 205,731 205,731 Non-graded
7,709,732 - - 205,731 7,915,463
Current accounts with
Giro pada bank-bank lain other banks
Grade 1-3 489,152 - - - 489,152 Grade 1-3
Tanpa peringkat 816,070 - - 1,730 817,800 Non-graded
1,305,222 - - 1,730 1,306,952
Penempatan pada Bank Placement with Bank
Indonesia dan bank- Indonesia and other
bank lain banks
Grade 1-3 12,868,486 525,000 - - 13,393,486 Grade 1-3
Tanpa peringkat - - - 1,529,410 1,529,410 Non-graded
12,868,486 525,000 - 1,529,410 14,922,896
Efek-efek Securities
Grade 1-3 15,909,645 - - - 15,909,645 Grade 1-3
Tanpa peringkat - - - 10,025,299 10,025,299 Non-graded
15,909,645 - - 10,025,299 25,934,944
Efek-efek yang dibeli Securities purchased under
dengan janji dijual resale agreements
kembali (reverse repo) (reverse repo)
Grade 1-3 1,684,697 - - - 1,684,697 Grade 1-3
Tagihan derivatif Derivative receivables
Belum jatuh tempo 1,280,872 - - - 1,280,872 Not yet overdue
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/
syariah: receivables:
Korporasi Corporates
Grade 1-3 81,131,981 2,380,341 - - 83,512,322 Grade 1-3
Grade 4-6 9,683,223 2,403,220 - - 12,086,443 Grade 4-6
Default - - 4,550,161 - 4,550,161 Default
90,815,204 4,783,561 4,550,161 - 100,148,926
Non-korporasi Non-corporates
Belum jatuh tempo 41,372,855 518 13,702 - 41,387,075 Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90 hari 903,508 649,992 9,849 - 1,563,349 90 days
Telah jatuh tempo Past due for
91-120 hari - - 171,347 - 171,347 91-120 days
Telah jatuh tempo Past due for
121-180 hari - - 340,152 - 340,152 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari - - 1,047,235 - 1,047,235 than 180 days
42,276,363 650,510 1,582,285 - 44,509,158
Dipindahkan 133,091,567 5,434,071 6,132,446 - 144,658,084 Carry forward
210
646 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 649
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember/December 2025
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Pinjaman yang diberikan dan Loans and sharia
pembiayaan/piutang syariah financing/receivables
(lanjutan): (continued):
Pindahan 133,091,567) 5,434,071) 6,132,446) -) 144,658,084) Carried forward
Syariah Sharia
Belum jatuh tempo -) -) -) 9,924,477) 9,924,477) Not yet overdue
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 1-30 hari -) -) -) 52,857) 52,857) 1-30 days
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 31-60 hari -) -) -) 54,969) 54,969) 31-60 days
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 61-90 hari -) -) -) 52,125) 52,125) 61-90 days
Mengalami penurunan nilai -) -) -) 268,327) 268,327) Impaired
-) -) -) 10,352,755) 10,352,755)
Pendapatan bunga/marjin Accrued interest/
yang masih akan diterima 685,192) 29,383) 17,953) 81,856) 814,384) margin income
133,776,759) 5,463,454) 6,150,399) 10,434,611) 155,825,223)
Piutang pembiayaan* Financing receivables*
Belum jatuh tempo 21,054,686) 9,984) 10,019) -) 21,074,689) Not yet overdue
Telah jatuh tempo Past due for
1-30 hari 4,988,654) 10,386) 10,835) -) 5,009,875) 1-30 days
Telah jatuh tempo Past due for
31-90 hari -) 565,002) 5,723) -) 570,725) 31-90days
Telah jatuh tempo Past due for
91-120 hari -) -) 214,116) -) 214,116) 91-120 days
Telah jatuh tempo Past due more
lebih dari 120 hari -) -) 3,507,625) -) 3,507,625) than 120 days
26,043,340) 585,372) 3,748,318) -) 30,377,030)
Tagihan akseptasi Acceptance receivables
Grade 1-3 3,346,851) -) -) -) 3,346,851) Grade 1-3
Grade 4-6 46,113) 400,264) -) -) 446,377) Grade 4-6
Tanpa peringkat 230) -) -) -) 230) Non-graded
3,393,194) 400,264) -) -) 3,793,458)
Penyertaan saham Investment in shares
Tanpa peringkat 26,572) -) -) -) 26,572) Non-graded
Aset lain-lain Other assets
Tanpa peringkat 1,087,391) -) 142,849) 24,256) 1,254,496) Non-graded
205,085,910) 6,974,090) 10,041,566) 22,221,037) 244,322,603)
Cadangan kerugian Allowance for
penurunan nilai (901,095) (256,030) (5,122,726) (881,472) (7,161,323) impairment losses
204,184,815) 6,718,060) 4,918,840) 21,339,565) 237,161,280)
*Termasuk kontrak yang direstrukturisasi pada tahap 3,
dengan penyisihan kerugian penurunan nilai yang telah Including restructured contracts in stage 3, that has been fully*
dilakukan secara penuh provided with allowance for impairment loss*
211
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 647
Page 650
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember / December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Grade 1-3 8,774,132 - - - 8,774,132 Grade 1-3
Tanpa peringkat - - - 669,329 669,329 Non-graded
8,774,132 - - 669,329 9,443,461
Current accounts with
Giro pada bank-bank lain other banks
Grade 1-3 187,354 - - - 187,354 Grade 1-3
Tanpa peringkat 843,972 - - 3,675 847,647 Non-graded
1,031,326 - - 3,675 1,035,001
Penempatan pada Bank Placement with Bank
Indonesia dan bank- Indonesia and other
bank lain banks
Grade 1-3 11,448,738 - - - 11,448,738 Grade 1-3
Tanpa peringkat - - - 1,247,000 1,247,000 Non-graded
11,448,738 - - 1,247,000 12,695,738
Efek-efek Securities
Grade 1-3 19,378,421 - - - 19,378,421 Grade 1-3
Tanpa peringkat - - - 8,796,529 8,796,529 Non-graded
19,378,421 - - 8,796,529 28,174,950
Efek-efek yang dibeli Securities purchased under
dengan janji dijual resale agreements
kembali (reverse repo) (reverse repo)
Grade 1-3 468,782 - - - 468,782 Grade 1-3
Tagihan derivatif Derivative receivables
Belum jatuh tempo 1,748,125 - - - 1,748,125 Not yet overdue
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/
syariah: receivables:
Korporasi Corporates
Grade 1-3 75,253,160 997,138 - - 76,250,298 Grade 1-3
Grade 4-6 8,748,996 2,309,162 - - 11,058,158 Grade 4-6
Grade 7A-7B - 806,253 - - 806,253 Grade 7A-7B
Default - - 4,643,421 - 4,643,421 Default
84,002,156 4,112,553 4,643,421 - 92,758,130
Non-korporasi Non-corporates
Belum jatuh tempo 44,202,211 121,246 64,960 - 44,388,417 Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90 hari 733,170 660,519 9,504 - 1,403,193 90 days
Telah jatuh tempo Past due for
91-120 hari - - 142,570 - 142,570 91-120 days
Telah jatuh tempo Past due for
121-180 hari - - 216,865 - 216,865 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari - - 891,061 - 891,061 than 180 days
44,935,381 781,765 1,324,960 - 47,042,106
Dipindahkan 128,937,537 4,894,318 5,968,381 - 139,800,236 Carry forward
212
648 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 651
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember / December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Pinjaman yang diberikan dan Loans and sharia
pembiayaan/piutang syariah financing/receivables
(lanjutan): (continued):
Pindahan 128,937,537) 4,894,318) 5,968,381) -) 139,800,236) Carried forward
Syariah Sharia
Belum jatuh tempo -) -) -) 9,558,038) 9,558,038) Not yet overdue
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 1-30 hari -) -) -) 75,555) 75,555) 1-30 days
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 31-60 hari -) -) -) 77,494) 77,494) 31-60 days
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 61-90 hari -) -) -) 79,234) 79,234) 61-90 days
Mengalami penurunan nilai -) -) -) 381,438) 381,438) Impaired
-) -) -) 10,171,759) 10,171,759)
Pendapatan bunga/marjin Accrued interest/
yang masih akan diterima 582,947) 36,223) 41,018) 102,147) 762,335) margin income
129,520,484) 4,930,541) 6,009,399) 10,273,906) 150,734,330)
Piutang pembiayaan Financing receivables
Belum jatuh tempo 18,933,589) 29,475) 480,888) -) 19,443,952) Not yet overdue
Telah jatuh tempo Past due for
1-30 hari 5,016,591) 27,704) 685,982) -) 5,730,277) 1-30 days
Telah jatuh tempo Past due for
31-90 hari -) 796,936) 1,481,085) -) 2,278,021) 31-90days
Telah jatuh tempo Past due for
91-120 hari -) -) 726,730) -) 726,730) 91-120 days
Telah jatuh tempo Past due more
lebih dari 120 hari -) -) 1,253,642) -) 1,253,642) than 120 days
23,950,180) 854,115) 4,628,327) -) 29,432,622)
Tagihan akseptasi Acceptance receivables
Grade 1-3 2,617,607) -) -) -) 2,617,607) Grade 1-3
Grade 4-6 71,410) 645,290) -) -) 716,700) Grade 4-6
Tanpa peringkat 312) -) -) -) 312) Non-graded
2,689,329) 645,290) -) -) 3,334,619)
Penyertaan saham Investment in shares
Tanpa peringkat 75,285) -) -) -) 75,285) Non-graded
Aset lain-lain Other assets
Tanpa peringkat 455,927) -) 157,658) 13,234) 626,819) Non-graded
199,540,729) 6,429,946) 10,795,384) 21,003,673) 237,769,732)
Cadangan kerugian Allowance for
penurunan nilai (983,317) (383,386) (3,620,923) (924,274) (5,911,900) impairment losses
198,557,412) 6,046,560) 7,174,461) 20,079,399) 231,857,832)
*) Termasuk aset keuangan syariah dengan kualitas kredit lancar Include sharia financial assets with current credit quality *)
213
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 649
Page 652
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Penjelasan mengenai Tahap 1, Tahap 2 dan The explanation of Stage 1, Stage 2 and
Tahap 3 dapat dilihat pada Catatan 2i. Stage 3 can be referred to Note 2i.
Perubahan pada penyisihan kerugian Movement of the allowance for impairment
penurunan nilai berdasarkan jenis portofolio losses by credit/financing and financing
kredit/pembiayaan dan piutang pembiayaan receivables portfolio types was as follows:
adalah sebagai berikut:
Tahun berakhir 31 Desember 2025/
Year ended 31 December 2025
Pensiunan/ UMKM/ Korporasi/ Syariah/ Lainnya/ Jumlah/
Pension* MSME Corporate Sharia Others Total
Saldo awal 197,345) 923,436) 1,408,239) 924,274) 2,440,316) 5,893,610) Beginning balance
Penambahan 198,751) 317,699) 573,308) 826,295) 6,192,371) 8,108,424) Addition
Penerimaan kembali 5,207) 81,017) -) 7,941) 29,150) 123,315) Recovery
Penghapusbukuan (166,099) (568,740) (585,577) (877,038) (4,509,326) (6,706,780) Write-off
Kerugian modifikasi -) -) (219,074) -) -) (219,074) Modification loss
Lainnya -) -) (39,665) -) -) (39,665) Others
Saldo akhir 235,204) 753,412) 1,137,231) 881,472) 4,152,511) 7,159,830) Ending balance
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Pensiunan/ UMKM/ Korporasi/ Syariah/ Lainnya/ Jumlah/
Pension* MSME Corporate Sharia Others Total
Saldo awal 212,329) 891,829) 2,122,909) 1,213,916) 177,064) 4,618,047) Beginning balance
Penambahan dari Addition due to
akuisisi -) -) -) -) 1,693,663) 1,693,663) acquisition
Penambahan 76,945) 245,277) 75,679) 1,359,766) 2,118,286) 3,875,953) Addition
Penerimaan kembali 5,390) 12,895) -) 24,979) 14,886) 58,150) Recovery
Penghapusbukuan (97,319) (226,565) -) (1,674,387) (1,563,583) (3,561,854) Write-off
Kerugian modifikasi -) -) (774,532) -) -) (774,532) Modification loss
Lainnya -) -) (15,817) -) -) (15,817) Others
Saldo akhir 197,345) 923,436) 1,408,239) 924,274) 2,440,316) 5,893,610) Ending balance
*) Termasuk Kredit Pegawai Aktif Include Active Employee Loan*)
Risiko likuiditas Liquidity risk
Risiko likuiditas adalah risiko yang terjadi jika Grup Liquidity risk is the risk that the Group is unable to
tidak dapat memenuhi pembayaran kewajiban pada meet their payment obligations as they fall due,
saat jatuh tempo, termasuk pencairan simpanan including withdrawal of customer deposits. One of the
nasabah. Salah satu parameter yang digunakan parameters used is by analysing the maturity profile
adalah dengan menganalisa profil jatuh tempo dari from the funding sources, which are usually short
sumber pendanaan yang pada umumnya berjangka term, while most of the assets which were distributed
pendek dan sebagian besar aset yang disalurkan in the form of loans, are usually long-term. A relatively
dalam bentuk kredit dengan jangka waktu yang wide gap can increase liquidity risk.
pada umumnya berjangka panjang. Terjadinya
kesenjangan yang cukup besar akan dapat
meningkatkan risiko likuiditas.
Dalam mengantisipasi potensi tekanan likuiditas In anticipating potential liquidity pressures that may
yang mungkin terjadi, Grup telah mempersiapkan occur, the Group has prepared the funding strategy
strategi pendanaan dan cadangan likuiditas yang and adequate liquidity reserves which are adjusted to
memadai yang disesuaikan dengan kebutuhan the operational needs and the liquidity profile in order
operasional dan profil likuiditas agar selalu to always comply with the relevant regulations.
memenuhi regulasi terkait.
214
650 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 653
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Profil jatuh tempo diproyeksikan atas jangka waktu This maturity profile is projected based on the
yang tersisa berdasarkan tanggal kontraktual aset remaining period to the contractual maturity date of
dan liabilitas tertentu. Secara historis, sebagian assets and liabilities. Historically, a significant portion
besar dari simpanan diperpanjang pada saat jatuh of deposits are rolled-over on the maturity date which
tempo yang dipengaruhi oleh perilaku nasabah dan is affected by customer behaviour and confidence
tingkat kepercayaan terhadap Grup. Untuk level to the Group. To manage the liquidity risk of this
mengelola risiko likuiditas atas kondisi tersebut, condition, the Group establishes appropriate
maka Grup menetapkan strategi yang sesuai dan strategies and sufficient amount of cash and liquid
jumlah kas dan aset likuid yang perlu dimiliki, yang assets that can be liquidated or used as collateral
dapat dicairkan atau dijadikan jaminan jika ada should there be an urgent need for liquidity.
kebutuhan likuiditas yang mendesak.
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining
sampai dengan tanggal jatuh tempo aset keuangan period to maturity date of financial assets (before
(sebelum cadangan kerugian penurunan nilai) dan allowance for impairment losses) and financial
liabilitas keuangan. liabilities.
31 Desember/December 2025
Sesuai
Jumlah/ permintaan/ ≤ 1 bulan/ > 1-3 bulan/ > 3-6 bulan/ > > 6-12 bulan/ > 12 bulan/
Total On demand ≤ 1 month > 1-3 months 3-6 months > 6-12 months > 12 months
Aset Assets
Kas 1,246,542) 1,246,542) -) -) -) -) -) Cash
Current accounts
Giro pada Bank with Bank
Indonesia 7,915,463) 7,915,463) -) -) -) -) -) Indonesia
Giro pada bank-bank Current accounts
lain 1,306,952) 1,306,952) -) -) -) -) -) with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain 14,922,896) -) 14,870,996) 51,900) -) -) -) and other banks
Efek-efek 25,934,944) -) 2,426,609) 2,758,566) 2,591,089) 6,726,429) 11,432,251) Securities
Efek-efek yang dibeli Securities purchased
dengan janji dijual under resale
kembali agreements
(reverse repo) 1,684,697) -) 1,684,697) -) -) -) -) (reverse repo)
Derivative
Tagihan derivatif 1,280,872) -) 111,914) 140,393) 173,389) 264,998) 590,178) receivables
Acceptance
Tagihan akseptasi 3,793,458) -) 897,715) 1,001,069) 1,894,674) )- ) -) receivables
Pinjaman yang
diberikan dan Loans and sharia
pembiayaan/piutang financing/
syariah 155,825,223) -) 25,138,690) 29,385,704) 8,549,525) 15,365,581) 77,385,723) receivables
Financing
Piutang pembiayaan 30,377,030) -) 1,096,673) 2,314,758) 3,406,086) 6,309,533) 17,249,980) Receivables
Penyertaan saham 26,572) 26,572) -) -) -) -) -)) Investment in shares
Aset lain-lain 1,254,496) 14,208) 1,117,670) 11,757) 17,335) 16,310) 77,216) Other assets
Jumlah aset 245,569,145) 10,509,737) 47,344,964) 35,664,147) 16,632,098) 28,682,851) 106,735,348) Total assets
Liabilitas Liabilities
Obligations due
Liabilitas segera (84,995) -) (69,391) (15,604) -) -) -) Immediately
Bagi hasil yang Undistributed
belum dibagikan (19,019) -) (19,019) -) -) -) -) revenue sharing
Giro (28,855,508) (28,853,960) (1,548) -) -) -) -) Current accounts
Tabungan (23,484,492) (23,482,081) (2,411) -) -) -) -) Saving deposits
Deposito berjangka Time deposits and
dan deposito on call (68,944,028) -) (43,308,999) (20,649,384) (2,795,093) (1,968,538) (222,014) deposits on call
Simpanan dari bank- Deposits from other
bank lain (4,490,012) (984,451) (3,062,486) (437,875) (200) (5,000) -) Banks
Liabilitas derivatif (1,113,660) -) (102,848) (81,256) (31,444) (129,269) (768,843) Derivative payables
Liabilitas akseptasi (3,214,540) -) (733,554) (856,337) (1,624,649) - -) Acceptance payables
Surat berharga yang
diterbitkan (6,823,457) -) (21,401) (7,626) (438,374) (895,442) (5,460,614) Securities issued
Pinjaman yang
diterima (38,736,884) -) (778,181) (1,654,695) (5,677,771) (3,757,364) (26,868,873) Borrowings
Pinjaman subordinasi (3,345,621) -) (10,621) - -) -) (3,335,000) Subordinated loans
Liabilitas sewa (408,940) -) (11,749) (8,389) (27,454) (61,079) (300,269) Lease liabilities
Liabilitas lain-lain (644,713) (50,154) (501,405) (37,792) (12,335) (19,052) (23,975) Other liabilities
Jumlah liabilitas (180,165,869) (53,370,646) (48,623,613) (23,748,958) (10,607,320) (6,835,744) (36,979,588) Total liabilities
65,403,276) (42,860,909) (1,278,649) 11,915,189) 6,024,778) 21,847,107) 69,755,760)
Aset (liabilitas) bersih Net assets (liabilities)
215
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 651
Page 654
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining period
sampai dengan tanggal jatuh tempo aset keuangan to maturity date of financial assets (before allowance
(sebelum cadangan kerugian penurunan nilai) dan for impairment losses) and financial liabilities
liabilitas keuangan (lanjutan). (continued).
31 Desember/December 2024
Sesuai
Jumlah/ permintaan/ ≤ 1 bulan/ > 1-3 bulan/ > 3-6 bulan/ > > 6-12 bulan/ > 12 bulan/
Total On demand ≤ 1 month > 1-3 months 3-6 months > 6-12 months > 12 months
Aset Assets
Kas 1,379,647) 1,379,647) -) -) -) -) -) Cash
Current accounts
Giro pada Bank with Bank
Indonesia 9,443,461) 9,443,461) -) -) -) -) -) Indonesia
Giro pada bank-bank Current accounts
lain 1,035,001) 1,035,001) -) -) -) -) -) with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain 12,695,738) -) 12,634,738) 61,000) -) -) -) and other banks
Efek-efek 28,174,950) -) 1,870,528) 9,021,201) 7,720,427) 5,051,381) 4,511,413) Securities
Efek-efek yang dibeli Securities purchased
dengan janji dijual under resale
kembali agreements
(reverse repo) 468,782) -) 468,782) -) -) -) -) (reverse repo)
Derivative
Tagihan derivatif 1,748,125) -) 246,870) 166,861) 51,131) 192,520) 1,090,743) receivables
Acceptance
Tagihan akseptasi 3,334,619) -) 207,422) 737,415) 1,849,495) 529,294) 10,993) receivables
Pinjaman yang
diberikan dan Loans and sharia
pembiayaan/piutang financing/
syariah 150,734,330) -) 23,955,642) 24,472,684) 7,054,648) 17,837,042) 77,414,314) receivables
Financing
Piutang pembiayaan 29,432,622) -) 1,030,518) 2,163,173) 3,187,115) 5,969,631) 17,082,185) Receivables
Penyertaan saham 75,285) 75,285) -) -) -) -) -) Investment in shares
Aset lain-lain 626,819) 3,367) 508,101) 6,486) 7,457) 15,223) 86,185) Other assets
Jumlah aset 239,149,379) 11,936,761) 40,922,601) 36,628,820) 19,870,273) 29,595,091) 100,195,833) Total assets
Liabilitas Liabilities
Obligations due
Liabilitas segera (48,898) -) (30,285) (18,613) - - - Immediately
Bagi hasil yang Undistributed
belum dibagikan (18,825) -) (18,825) -) -) -) -) revenue sharing
Giro (25,587,478) (25,585,492) (1,986) -) -) -) -) Current accounts
Tabungan (19,029,523) (19,027,786) (1,737) -) -) -) -) Saving deposits
Deposito berjangka Time deposits and
dan deposito on call (67,368,856) -) (48,514,180) (12,821,570) (3,355,463) (2,653,627) (24,016) deposits on call
Simpanan dari bank- Deposits from other
bank lain (757,714) (752,714) - (5,000) Banks
Liabilitas derivatif (1,558,841) -) (265,138) (127,552) (17,714) (195,719) (952,718) Derivative payables
Liabilitas akseptasi (3,162,381) -) (182,428) (711,582) (1,728,084) (529,294) (10,993) Acceptance payables
Surat berharga yang
diterbitkan (2,961,041) -) (17,378) (3,739) -) (254,689) (2,685,235) Securities issued
Pinjaman yang
diterima (49,658,227) -) (2,225,641) (1,320,747) (2,047,789) (2,082,566) (41,981,484) Borrowings
Pinjaman subordinasi (3,229,069) -) (10,069) -) -) -) (3,219,000) Subordinated loans
Liabilitas sewa (335,275) -) (11,527) (10,372) (10,592) (32,299) (270,485) Lease liabilities
Liabilitas lain-lain (647,755) (51,641) (500,981) (28,388) (28,483) (13,302) (24,960) Other liabilities
Jumlah liabilitas (174,363,883) (45,417,633) (51,780,175) (15,047,563) (7,188,125) (5,761,496) (49,168,891) Total liabilities
64,785,496) (33,480,872) (10,857,574) 21,581,257) 12,682,148) 23,833,595) 51,026,942)
Aset (liabilitas) bersih Net assets (liabilities)
216
652 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 655
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) 0 Liquidity risk (continued)
Tabel berikut ini menunjukkan arus kas kontraktual The following table shows the contractual
yang tidak didiskonto dari liabilitas keuangan dan undiscounted cash flows of the Group’s financial
rekening administratif Grup berdasarkan periode liabilities and administrative accounts based on the
tersisa sampai dengan jatuh tempo kontraktual: remaining period to contractual maturity:
31 Desember/December 2025
Nilai nominal
bruto arus kas
masuk Hingga
(keluar)/Gross 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Liabilitas non-derivatif Non-derivative liabilities
Liabilitas segera (84,995) (84,995) (84,995) -) -) -) )- Obligations due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (19,019) (19,019) (19,019) -) -) -) -) sharing
Giro (28,855,508) (28,914,651) (28,914,651) -) -) -) -) Current accounts
Tabungan (23,484,492) (23,496,394) (23,490,867) (1,121) (2,976) (1,430) -) Saving deposits
Deposito berjangka dan deposito Time deposits and
on call (68,944,028) (69,449,262) (43,563,422) (20,826,119) (4,837,186) (222,535) -) deposits on call
Simpanan dari bank-bank lain (4,490,012) (4,490,012) (4,490,012) -) -) -) -) Deposits from other banks
Liabilitas akseptasi (3,214,540) (3,214,540) (733,554) (856,337) (1,624,649) -) -) Acceptance payables
Surat berharga yang diterbitkan (6,823,457) (8,078,118) (14,332) (92,247) (1,636,188) (1,611,090) (4,724,261) Securities issued
Pinjaman yang diterima (38,736,884) (41,715,654) (773,080) (1,993,756) (10,594,804) (16,254,505) (12,099,509) Borrowing
Pinjaman subordinasi (3,345,621) (4,366,427) -) (44,845) (134,534) (179,379) (4,007,669) Subordinated loans
Liabilitas sewa (408,940) (433,818) (33,023) (9,109) (66,287) (116,637) (208,762) Lease liability
Liabilitas lain-lain (644,713) (644,713) (577,651) (25,707) (27,141) (14,214) -) Other liabilities
(179,052,209) (184,907,603) (102,694,606) (23,849,241) (18,923,765) (18,399,790) (21,040,201)
Liabilitas derivatif (1,113,660) Derivative payables
Arus kas masuk -) 47,329,438) 15,453,481) 8,530,894) 7,658,287) 8,765,497) 6,921,279) Cash inflow
Arus kas keluar -) (48,780,322) (15,609,535) (8,725,951) (8,073,729) (9,126,164) (7,244,943) Cash outflow
(1,113,660) (1,450,884) (156,054) (195,057) (415,442) (360,667) (323,664)
L/C yang tidak dapat dibatalkan -) (1,639,627) (629,887) (824,900) (184,840) -) -) Irrevocable L/C
Fasilitas kredit yang belum Unused credit
digunakan - committed -) (14,192,829) -) -) (4,344,243) (2,115,412) (7,733,174) facilities - committed
Garansi yang diterbitkan -) (7,206,420) (233,063) (669,877) (2,792,311) (3,511,169) -) Guarantees issued
-) (23,038,876) (862,950) (1,494,777) (7,321,394) (5,626,581) (7,733,174)
(180,165,869) (209,397,362) (103,713,610) (25,539,075) (26,660,601) (24,387,038) (29,097,039)
Jumlah Total
31 Desember/December 2024
Nilai nominal
bruto arus kas
masuk Hingga
(keluar)/Gross 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Liabilitas non-derivatif Non-derivative liabilities
Liabilitas segera (48,898) (48,898) (48,898) -) -) -) -) Obligations due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (18,825) (18,825) (18,825) -) -) -) -) sharing
Giro (25,587,478) (25,622,125) (25,622,125) -) -) -) -) Current accounts
Tabungan (19,029,523) (19,038,398) (19,032,657) (1,264) (3,164) (1,313) -) Saving deposits
Deposito berjangka dan deposito Time deposits and
on call (67,368,856) (68,467,914) (49,946,270) (12,788,759) (5,718,301) (14,584) -) deposits on call
Simpanan dari bank-bank lain (757,714) (760,687) (760,687) -) -) -) -) Deposits from other banks
Liabilitas akseptasi (3,162,381) (3,162,381) (182,428) (711,582) (2,257,378) (10,993) -) Acceptance payables
Surat berharga yang diterbitkan (2,961,041) (3,186,323) (8,007) (21,744) (311,161) (378,374) (2,467,037) Securities issued
Pinjaman yang diterima (49,658,227) (55,128,176) (2,262,705) (1,989,198) (6,803,237) (34,312,615) (9,760,421) Borrowing
Pinjaman subordinasi (3,229,069) (4,505,964) -) (47,665) (142,996) (190,661) (4,124,642) Subordinated loans
Liabilitas sewa (335,275) (439,897) (13,953) (16,673) (94,120) (61,231) (253,920) Lease liability
Liabilitas lain-lain (647,755) (647,755) (590,939) (17,224) (25,768) (13,824) -) Other liabilities
(172,805,042) (181,027,343) (98,487,494) (15,594,109) (15,356,125) (34,983,595) (16,606,020)
Liabilitas derivatif (1,558,841) Derivative payables
Arus kas masuk -) 31,905,732) 1,373,209) 749,259) 5,652,652) 4,912,984) 19,217,628) Cash inflow
Arus kas keluar -) (33,913,100) (1,518,816) (888,831) (6,091,589) (5,370,236) (20,043,628) Cash outflow
(1,558,841) (2,007,368) (145,607) (139,572) (438,937) (457,252) (826,000)
L/C yang tidak dapat dibatalkan -) (1,582,162) (691,176) (561,080) (329,906) -) -) Irrevocable L/C
Fasilitas kredit yang belum Unused credit
digunakan - committed -) (11,762,750) -) -) (2,365,763) (1,200,312) (8,196,675) facilities - committed
Garansi yang diterbitkan -) (7,715,450) (1,326,685) (697,002) (1,569,609) (4,122,154) -) Guarantees issued
-) (21,060,362) (2,017,861) (1,258,082) (4,265,278) (5,322,466) (8,196,675)
(174,363,883) (204,095,073) (100,650,962) (16,991,763) (20,060,340) (40,763,313) (25,628,695)
Jumlah Total
217
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 653
Page 656
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel sebelumnya menyajikan arus kas yang tidak The previous table shows the undiscounted cash
didiskontokan dari liabilitas keuangan Grup flows on the Group’s financial liabilities on the basis of
berdasarkan periode jatuh tempo kontraktual yang their earliest possible contractual maturity. The Group
paling dekat. Arus kas yang diharapkan atas expected cash flows on these instruments may vary
instrumen keuangan Grup mungkin berbeda from this analysis. For example, deposits are
dengan analisis ini. Sebagai contoh, simpanan expected to maintain a stable or increasing balance
diharapkan memiliki saldo yang stabil atau or unused credit facilities to customer-committed are
meningkat atau fasilitas kredit kepada nasabah not all expected to be drawn down immediately.
yang belum digunakan (committed) tidak
seluruhnya diharapkan untuk segera digunakan.
Nilai nominal arus kas masuk/(keluar) yang The nominal inflow/(outflow) disclosed in the above
diungkapkan pada tabel di atas menyajikan arus kas tables represents the contractual undiscounted cash
kontraktual yang tidak didiskontokan terkait dengan flows relating to the principal and interest on the
nilai pokok dan bunga dari liabilitas keuangan. financial liabilities. The disclosure for derivatives
Pengungkapan instrumen derivatif menunjukkan shows the net amount of derivatives that are net
nilai bersih derivatif yang dapat diselesaikan secara settled, and a gross inflow and outflow amount for
neto, juga nilai bruto arus kas masuk dan keluar derivatives that have simultaneous gross settlement.
untuk derivatif yang diselesaikan secara bruto. Arus The cash flows of derivatives liabilities in the table
kas liabilitas derivatif seperti yang ditunjukkan di represent the cash flows based on contractual
tabel di atas merupakan arus kas berdasarkan jatuh maturities which the Group believes is essential for an
tempo kontraktual yang menurut Grup adalah understanding of the timing of the cash flows.
penting untuk memahami jadwal dari arus kas.
Kebijakan yang dijalankan Grup dalam Policies adopted by the Group in managing its liquidity
mengendalikan risiko likuiditas adalah: risk include:
- Menetapkan kebijakan pengendalian risiko - Application of a liquidity risk control policy that is
likuiditas yang telah disesuaikan dengan misi, suited to the mission, business strategy, capital
strategi bisnis, kecukupan permodalan, sumber adequacy, human resources and appetite for risk
daya manusia dan risk appetite Grup. of the Group.
- Menetapkan kebijakan dan prosedur penetapan - Application of a liquidity risk limit policies and
limit risiko likuiditas secara tertulis, lengkap, procedures that are written, complete, adequate
memadai dan cukup mudah ditelusuri. and easy to follow.
- Menjaga cadangan likuiditas agar sesuai - Maintain liquidity reserves to match the ALCO’s
dengan rekomendasi ALCO. recommendation.
- Mengelola portofolio pendanaan untuk - Managing it’s funding portfolio to avoid
menghindari risiko konsentrasi dan concentration risk and dependence on single
ketergantungan pada sumber pendanaan source of funding. It is monitored by ALCO and
tertentu. Hal ini dimonitor secara bulanan oleh Risk Management Committee (RMC).
ALCO dan Risk Management Committee (RMC).
- Fungsi pengawasan yang independen dari - The independent monitoring function of the risk
satuan kerja manajemen risiko. management working unit.
Untuk menjaga ketahanan likuiditas, Bank To maintain its liquidity resilience, the Bank monitor
melakukan pemantauan terhadap rasio kecukupan the Liquidity Coverage Ratio (LCR) and a Net Stable
likuiditas (Liquidity Coverage Ratio/LCR) dan rasio Funding Ratio (NSFR). Apart of being the
pendanaan stabil bersih (Net Stable Funding requirements that must be complied with, internally
Ratio/NSFR). Selain sebagai bagian dari ketentuan Bank also set those ratios as part of the early
yang wajib dipatuhi, secara internal Bank juga warning indicator and the recovery plan indicators
menetapkan rasio-rasio tersebut ditetapkan sebagai which are monitored on a daily basis.
bagian dari indikator peringatan dini (early warning
indicators) dan indikator rencana pemulihan
(recovery plan) yang dimonitor secara harian.
218
654 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 657
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
LCR dikelola dengan memelihara asset likuid yang LCR is managed by maintaining high quality liquid
berkualitas tinggi (High Quality Liquid Assets/HQLA) assets (HQLA) which enables Bank to cover the
untuk dapat memenuhi potensi dana keluar bersih potential net outflows within the next 30 days in
dalam 30 hari kedepan sesuai dengan skenario accordance with the scenario determined based on
yang ditetapkan berdasarkan regulasi dari Otoritas regulations from Otoritas Jasa Keuangan (OJK).
Jasa Keuangan (OJK). Sedangkan NSFR bertujuan Meanwhile, the NSFR aims to maintain a stable
untuk memelihara profil pendanaan stabil yang funding profile that is adjusted to the composition of
disesuaikan dengan komposisi aset dan transaksi assets and administrative account transactions of the
rekening administratif Bank sesuai dengan Bank in accordance with regulations from OJK.
peraturan dari OJK.
Laporan LCR dan NSFR disampaikan secara LCR and NSFR reports are submitted periodically to
berkala kepada Otoritas Jasa Keuangan (OJK) dan Otoritas Jasa Keuangan (OJK) and published in
dipublikasikan sesuai dengan ketentuan yang accordance with applicable regulations.
berlaku.
Risiko pasar Market risk
Risiko pasar adalah potensi timbulnya kerugian Market risk is the potential loss in book value or future
dalam nilai buku atau fluktuasi arus kas di masa cash flows fluctuation due to changes in interest rates
mendatang yang diakibatkan oleh perubahan suku or exchange rates.
bunga atau nilai tukar.
Bank secara internal berupaya memastikan Bank internally seeks to ensure exposures, as well as
eksposur, transaksi dan ekspansi dalam valuta asing foreign exchange and interest rates based
dan berdasarkan suku bunga yang dilakukan bisnis transactions and expansion undertaken by the
telah sesuai dengan limit dan risk appetite Bank. business is in accordance with the Bank's limits and
risk appetite.
Secara keseluruhan, risiko pasar dibagi menjadi In overall, market risk is divided into two following
dua risiko sebagai berikut: risks:
(i) Risiko mata uang asing (i) Foreign currency risk
Risiko mata uang asing timbul dari adanya Foreign exchange risk arises from on and off-
posisi neraca dan komitmen dan kontinjensi balance sheet positions both on the asset and
(off-balance sheet) baik di sisi aset maupun liability sides through transactions in foreign
liabilitas yang timbul melalui transaksi mata currencies.
uang asing.
Bank mengukur risiko nilai tukar untuk melihat The Bank measures the foreign exchange risk to
dampak perubahan nilai tukar pada pendapatan understand the impact of the exchange rate
dan modal Bank. Untuk mengelola dan movement on the Bank’s revenue and capital. In
memitigasi risiko nilai tukar, pembatasan posisi order to manage and mitigate the foreign
secara internal ditetapkan jauh di bawah limit exchange risk, predefined internal limits are set
posisi devisa neto yang ditetapkan regulator. below net open position limit that is defined by
Bank juga memonitor stop loss limit untuk regulator. The Bank also monitors stop loss limit
menjaga tingkat kerugian yang disebabkan oleh to maintain the loss rate caused by movement in
pergerakan pada nilai pasar tidak melebihi market value do not not exceed the specified
kisaran yang telah ditetapkan. range.
Entitas Anak memiliki giro pada bank lain dan The Subsidiaries has current accounts in other
pinjaman yang diterima dalam mata uang asing. banks and borrowings which are denominated in
Entitas Anak telah memiliki transaksi derivatif foreign currencies. Subsidiaries has derivative
untuk memitigasi risiko nilai tukar terhadap aset transactions to mitigate foreign currency risks on
dan liabilitas tersebut. such assets and liabilities.
219
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 655
Page 658
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(i) Risiko mata uang asing (lanjutan) (i) Foreign currency risk (continued)
Posisi Devisa Neto Net Open Position
Posisi Devisa Neto diungkapkan pada Net Open Position was disclosed in Note 49.
Catatan 49.
Sensitivitas Bank terhadap mata uang asing The Bank’s sensitivity to foreign currency is
diperhitungkan dengan menggunakan calculated using net difference between assets
informasi selisih bersih aset dan liabilitas dalam and liabilities in the statement of financial position
laporan posisi keuangan untuk setiap mata for each foreign currency and the net difference of
uang asing dan selisih bersih tagihan dan receivables and commitments and contingent
kewajiban komitmen dan kontinjensi dalam liabilities in the off-balance sheet accounts for
rekening administratif untuk setiap mata uang each foreign currency information.
asing.
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Bank (linier) pada tanggal Bank’s net income (linear) to movement of foreign
31 Desember 2025 dan 2024 atas perubahan exchange rates as of 31 December 2025 and
nilai tukar mata uang asing yaitu: 2024:
Menambah (mengurangi)
laba bersih/
Increase (decrease) net income
2025 2024
lIDR melemah 1% 930) (3,029) IDR weakening by 1%
lIDR menguat 1% (930) 3,029) IDR strengthening by 1%
Proyeksi di atas mengasumsikan bahwa The above projection assumes that foreign
perubahan nilai tukar mata uang asing exchange rates move by the same amount and,
bergerak pada jumlah yang sama sehingga therefore, do not reflect the potential impact on
tidak mencerminkan perubahan potensial profit of some rates changing while others remain
kepada laba atas perubahan beberapa nilai unchanged. The projections also assume that all
tukar mata uang asing sementara lainnya tidak other variables are held constant and are based
berubah. Proyeksi juga mengasumsikan on a constant reporting date position and that all
bahwa seluruh variabel lainnya adalah konstan positions run to maturity.
dan berdasarkan tanggal pelaporan yang
konstan serta seluruh posisi berjalan hingga
jatuh tempo.
(ii) Risiko suku bunga (ii) Interest rate risk
Pendapatan Bank yang berasal dari kegiatan The Bank’s income from conventional activities
konvensional merupakan selisih antara bunga are derived from the difference between the
yang dihasilkan dari sisi aset dengan bunga interest generated on the asset side and the
yang dibayarkan kepada dana pihak ketiga. interest paid to third party funds. If not
Perubahan tingkat bunga jika tidak diantisipasi anticipated, changes in interest rates can result in
dapat menyebabkan penurunan pendapatan a decrease in the Bank’s income.
Bank.
Risiko suku bunga berdampak pada fluktuasi Interest rate risk has an effect to future cash flows
arus kas di masa mendatang baik pada aset fluctuation of both assets and liabilities. It can
maupun liabilitas. Hal ini dapat mempengaruhi affect the Bank’s interest income and fair value of
pendapatan bunga Bank maupun nilai wajar the financial instruments.
dari instrumen keuangan yang dimiliki Bank.
Bisnis utama Entitas Anak adalah memberikan The Subsidiary’s main business is to provide
pembiayaan dengan akad murabahah. financing with murabahah contracts. The
Pendapatan marjin murabahah dipengaruhi murabahah margin income is affected by the
oleh harga pembiayaan atau suku bunga di financing price or interest rate in the conventional
pasar konvensional. market.
656 220 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 659
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko suku bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko suku bunga Interest rate risk management
Kebijakan yang dijalankan Grup dalam Policies adopted by the Group in managing its
pengendalian terhadap risiko suku bunga interest rate risk include:
mencakup:
- Memantau limit risiko suku bunga. - Monitoring of interest rate risk limit.
- Mengelola risiko suku bunga sesuai regulasi - Managing interest rate risk in accordance with
terkait dan kebijakan internal Bank. relevant regulations and Bank's internal
policies.
- Melakukan simulasi perhitungan pendapatan - Conduct simulation of net margin income
marjin bersih terhadap semua kemungkinan calculation toward all possible market interest
perubahan tingkat suku bunga di pasar. rate changes.
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Grup terhadap risiko tingkat financial instruments of the Group to interest rate
suku bunga. risks.
31 Desember/December 2025
Suku bunga mengambang/Floating rate Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 > 6 -12 >3-6 > 6 - 12 Non-
≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ ≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months months month Months months months months bearing Total
Aset Assets
Kas -) -) - -) -) -) -) -) -) 1,246,542) 1,246,542) Cash
Current accounts
Giro pada Bank with Bank
Indonesia -) -) - -) 7,915,463 -) -) -) -) -) 7,915,463) Indonesia
Giro pada bank- Current accounts
bank lain -) -) - -) 1,306,952 -) -) -) -) -) 1,306,952) with other banks
Penempatan
pada Bank
Indonesia Placements with
dan bank- Bank Indonesia
bank lain -) -) - -) 14,870,336 51,900) -) -) -) 660) 14,922,896) and other banks
Efek-efek -) -) - -) 2,312,882 2,758,566) 2,591,089) 6,726,429) 11,432,251) 113,727) 25,934,944) Securities
Efek-efek yang Securities
dibeli dengan purchased under
janji dijual resale
kembali agreements
(reverse repo) -) -) - -) 1,683,826 -) -) -) -) 871) 1,684,697) (reverse repo)
Derivative
Tagihan derivatif -) -) - -) -) -) -) -) -) 1,280,872) 1,280,872) receivables
Tagihan Acceptance
akseptasi -) -) - -) -) -) -) -) -) 3,793,458) 3,793,458) receivables
Pinjaman yang
diberikan
dan
pembiayaan/ Loans and sharia
piutang financing/
syariah 40,956,036) 17,886,641) 5,754,353 -) 31,936,348) 13,192,009) 7,761,950) 12,414,093) 23,920,694) 2,003,099) 155,825,223) receivables
Piutang Financing
pembiayaan -) -) - -) 1,096,673) 2,314,758) 3,406,086) 6,309,533) 17,249,980) -) 30,377,030) receivables
Penyertaan Investment in
saham -) -) - -) -) -) -) -) -) 26,572) 26,572) shares
Aset lain-lain -) -) - -) -) -) -) -) -) 1,254,496) 1,254,496) Other assets
Jumlah aset
keuangan,
sebelum
cadangan Total financial
kerugian assets before
penurunan allowance for
nilai 40,956,036) 17,886,641) 5,754,353 -) 61,122,480) 18,317,233) 13,759,125) 25,450,055) 52,602,925) 9,720,297) 245,569,145) impairment losses
Liabilitas Liabilities
Obligations due
Liabilitas segera -) -) - -) -) -) -) -) -) (84,995) (84,995) immediately
Simpanan dari Deposits from
nasabah -) -) - -) (95,436,300) (20,649,384) (2,795,093) (1,968,538) (222,014) (212,699) (121,284,028) customers
Simpanan dari
bank-bank Deposits from
lain -) -) - -) (4,458,448) (16,000) (200) (5,000) -) (10,364) (4,490,012) other banks
Liabilitas
derivatif -) -) - -) -) -) -) -) -) (1,113,660) (1,113,660) Derivative payables
Liabilitas Acceptance
akseptasi -) -) - -) -) -) -) -) -) (3,214,540) (3,214,540) payables
Surat berharga
yang
diterbitkan -) -) - -) -) -) (437,985) (895,442) (5,460,614) (29,416) (6,823,457) Securities issued
Pinjaman yang
diterima (14,058,553) (18,110,169) - (4,351,674) (259,696) (218,318) (500,000) (530,815) (540,954) (166,705) (38,736,884) Borrowings
Pinjaman
subordinasi -) (3,335,000) - -) -) -) -) -) -) (10,621) (3,345,621) Subordinated loans
Liabilitas sewa -) -) - -) -) -) -) -) -) (408,940) (408,940) Lease liabilities
Liabilitas lain-
lain -) -) - -) -) -) -) -) -) (644,713) (644,713) Other liabilities
Jumlah liabilitas Total financial
keuangan (14,058,553) (21,445,169) - (4,351,674) (100,154,444) (20,883,702) (3,733,278) (3,399,795) (6,223,582) (5,896,653) (180,146,850) liabilities
Jumlah gap
repricing 26,897,483 (3,558,528) 5,754,353 (4,351,674) (39,031,964) (2,566,469) 10,025,847) 22,050,260) 46,379,343) 3,823,644) 65,422,295) Total interest
suku bunga repricing gap
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 221 657
Page 660
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Grup terhadap risiko financial instruments of the Group to interest rate
tingkat suku bunga (lanjutan). risks (continued).
31 Desember/December 2024
Suku bunga mengambang/Floating rate Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 > 6 -12 > 12 >3-6 > 6 - 12 Non-
≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ bulan/ ≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months months months month Months months months months bearing Total
Aset Assets
Kas - - - - - - - - - - 1,379,647 1,379,647 Cash
Current
accounts
Giro pada Bank with Bank
Indonesia - - - - - 9,443,461 - - - - - 9,443,461 Indonesia
Current
accounts
Giro pada bank- with other
bank lain - - - - - 1,035,001 - - - - - 1,035,001 banks
Penempatan
pada Bank Placements with
Indonesia Bank
dan bank- Indonesia and
bank lain - - - - - 12,633,257 61,000 1,481 12,695,738 other banks
Efek-efek - - - - - 1,711,958 9,021,201 7,720,428 5,304,144 4,258,650 158,569 28,174,950 Securities
Efek-efek yang Securities
dibeli dengan purchased
janji dijual under resale
kembali agreements
(reverse repo) - - - - - 468,188 - - - - 594 468,782 (reverse repo)
Tagihan Derivative
derivatif - - - - - - - - - - 1,748,125 1,748,125 receivables
Tagihan Acceptance
akseptasi - - - - - - - - - - 3,334,619 3,334,619 receivables
Pinjaman yang
diberikan dan Loans and
pembiayaan/ sharia
piutang financing/
syariah 39,147,541 21,601,344 7,592,649 - - 24,740,723 10,112,546 6,928,763 13,916,817 24,652,311 2,041,636 150,734,330 receivables
Piutang Financing
pembiayaan - - - - - 1,030,518 2,163,173 3,187,115 5,969,631 17,082,185 - 29,432,622 receivables
Penyertaan Investment in
saham - - - - - - - - - - 75,285 75,285 shares
Aset lain-lain - - - - - - - - - - 626,819 626,819 Other assets
Jumlah aset
keuangan,
sebelum Total financial
cadangan assets before
kerugian allowance for
penurunan impairment
nilai 39,147,541 21,601,344 7,592,649 - - 51,063,106 21,357,920 17,836,306 25,190,592 45,993,146 9,366,775 239,149,379 losses
Liabilitas Liabilities
Obligations due
Liabilitas segera - - - - - - - - - - (48,898) (48,898) immediately
Simpanan dari Deposits from
nasabah - - - - - (92,863,783) (12,821,569) (3,355,464) (2,653,627) (24,016) (267,398) (111,985,857) customers
Simpanan dari
bank-bank Deposits from
lain - - - - - (754,714) (3,000) - - - - (757,714) other banks
Liabilitas Derivative
derivatif - - - - - - - - - - (1,558,841) (1,558,841) payables
Liabilitas Acceptance
akseptasi - - - - - - - - - - (3,162,381) (3,162,381) payables
Surat berharga
yang Securities
diterbitkan - - - - - - - - (254,689) (2,685,235) (21,117) (2,961,041) issued
Pinjaman yang
diterima (22,648,059) (20,731,362) - (2,713,237) - (1,589,492) (269,235) - (394,152) (1,068,348) (244,342) (49,658,227) Borrowings
Pinjaman Subordinated
subordinasi - (3,219,000) - - - - - - - - (10,069) (3,229,069) loans
Liabilitas sewa - - - - - - - - - - (335,275) (335,275) Lease liabilities
Liabilitas lain-
lain - - - - - - - - - - (647,755) (647,755) Other liabilities
Jumlah liabilitas Total financial
keuangan (22,648,059) (23,950,362) - (2,713,237) - (95,207,989) (13,093,804) (3,355,464) (3,302,468) (3,777,599) (6,296,076) (174,345,058) liabilities
Jumlah gap
repricing 16,499,482 (2,349,018) 7,592,649 (2,713,237) (44,144,883) 8,264,116 14,480,842 21,888,124 42,215,547 3,070,699 64,804,321 Total interest
-
suku bunga repricing gap
658 222 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 661
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Grup selama tahun-tahun yang Group’s net profit during the years ended
berakhir pada tanggal 31 Desember 2025 dan 31 December 2025 and 2024 due to an increase
2024 atas kenaikan atau penurunan tingkat or decrease in market interest rates, assuming no
suku bunga pasar, dengan asumsi bahwa tidak assymetrical movement in yield curves:
ada pergerakan asimetris di kurva imbal hasil:
(Penurunan) peningkatan
laba bersih/
(Decrease) increase net profit
2025 2024
Peningkatan 100 bps 174,318) 147,093) Increased by 100 bps
Penurunan 100 bps (184,816) (156,877) Decreased by 100 bps
Manajemen Risiko Permodalan Capital Risk Management
Modal regulasi Regulatory capital
Tujuan manajemen permodalan Grup adalah untuk The Group capital management objectives is to
mempertahankan posisi modal yang kuat untuk maintain a strong capital position to support business
mendukung pertumbuhan bisnis dan growth and to sustain investors, depositors,
mempertahankan investor, deposan, pelanggan dan customers and market confidence. In managing its
kepercayaan pasar. Dalam pengelolaan capital, the Group considers factors such as:
permodalan, Grup mempertimbangkan faktor-faktor providing optimal capital rate of return to
seperti: pengembalian modal yang optimal pada shareholders and maintaining a balance between
pemegang saham, menjaga keseimbangan antara high return gearing ratio and safety provided by a
keuntungan yang lebih tinggi dengan gearing ratio sound capital position.
serta keamanan yang diberikan oleh posisi modal
yang sehat.
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under the
OJK yang berlaku diungkapkan pada Catatan 49. prevailing OJK regulation was disclosed in Note 49.
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
Untuk aset dan liabilitas keuangan yang diukur For financial assets and liabilities measured at fair
menggunakan nilai wajar, berikut ini adalah hirarki value, the following is the hierarchy of the fair values:
nilai wajar:
a. Level 1 a. Level 1
Harga kuotasian (tidak disesuaikan) dalam Quoted prices (unadjusted) in active markets for
pasar aktif untuk aset atau liabilitas yang identical assets or liabilities;
identik;
b. Level 2 b. Level 2
Input selain harga kuotasian yang termasuk Inputs other than quoted prices included within
dalam level 1 yang dapat diobservasi untuk aset level 1 that are observable for the assets or
atau liabilitas, baik secara langsung (misalnya liabilities, either directly (that is as prices) or
harga) maupun tidak langsung (misalnya indirectly (that is derived from prices); and
turunan harga); dan
c. Level 3 c. Level 3
Input untuk aset atau liabilitas yang bukan Inputs for the assets or liabilities that are not
berdasarkan data pasar yang dapat diobservasi based on observable market data (unobservable
(input yang tidak dapat diobservasi). inputs).
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 223 659
Page 662
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Tabel berikut menyajikan aset dan liabilitas keuangan The tables below show the Group’s financial assets
Grup yang diukur sebesar nilai wajar pada tanggal and liabilities that were measured at fair value as of
31 Desember 2025 dan 2024: 31 December 2025 and 2024:
31 Desember/December 2025
Nilai tercatat/
Carrying Nilai wajar/
value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 15,784,045) 421,262) 15,362,783) -) 15,784,045) Securities
Tagihan derivatif 1,280,872) -) 1,280,872) -) 1,280,872) Derivative receivables
Penyertaan saham 26,572) -) -) 26,572) 26,572) Investment in shares
17,091,489) 421,262) 16,643,655) 26,572) 17,091,489)
Liabilitas Liabilities
Liabilitas derivatif 1,113,660) -) 1,113,660) -) 1,113,660) Derivative payables
31 Desember/December 2024
Nilai tercatat/
Carrying Nilai wajar/
value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 18,380,770 395,343 17,985,427 - 18,380,770 Securities
Tagihan derivatif 1,748,125 - 1,748,125 - 1,748,125 Derivative receivables
Penyertaan saham 75,285 - - 75,285 75,285 Investment in shares
20,204,180 395,343 19,733,552 75,285 20,204,180
Liabilitas Liabilities
Liabilitas derivatif 1,558,841 - 1,558,841 - 1,558,841 Derivative payables
Tabel di bawah ini menggambarkan nilai tercatat The table below summarizes the carrying amounts
dan nilai wajar dari instrumen keuangan yang tidak and fair values of those financial instruments not
disajikan pada nilai wajarnya: stated at their fair values:
31 Desember/ 31 Desember/
December 2025 December 2024
Nilai tercatat/ Nilai tercatat/
Carrying Nilai wajar/ Carrying Nilai wajar/
value Fair value value Fair value
Aset Assets
Current accounts with
Giro pada Bank Indonesia 7,915,463 7,915,463 9,443,461 9,443,461 Bank Indonesia
Current accounts with other
Giro pada bank-bank lain 1,306,871 1,306,871 1,034,964 1,034,964 banks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank-bank lain 14,922,827 14,922,827 12,695,156 12,695,156 and other banks
Efek-efek 10,150,828 10,094,288 9,793,587 9,768,942 Securities
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali under resale agreements
(reverse repo) 1,684,697 1,684,697 468,782 468,782 (reverse repo)
Tagihan akseptasi 3,792,186 3,792,186 3,317,541 3,317,541 Acceptance receivables
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah 152,309,693 153,407,744 146,811,650 149,852,324 receivables
Piutang pembiayaan 26,732,730 25,292,503 27,461,692 26,665,381 Financing receivables
Aset lain-lain 1,254,496 1,215,716 576,104 557,870 Other assets
Liabilitas Liabilities
Liabilitas segera 84,995 84,995 48,898 48,898 Obligation due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan 19,019 19,019 18,825 18,825 sharing
Simpanan nasabah 121,284,028 121,284,028 111,985,857 111,985,857 Deposits from customers
Simpanan dari bank-bank lain 4,490,012 4,490,012 757,714 757,714 Deposits from other banks
Liabilitas akseptasi 3,214,540 3,214,540 3,162,381 3,162,381 Acceptance payables
Efek-efek yang diterbitkan 6,823,457 6,958,571 2,961,041 2,951,567 Securities issued
Pinjaman yang diterima 38,736,884 38,660,560 49,658,227 49,575,074 Borrowings
Liabilitas lain-lain 644,678 644,678 647,755 647,755 Other liabilities
660 224 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 663
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Nilai wajar dari efek-efek yang memiliki jatuh tempo The fair value for securities, which maturity date is
lebih dari 1 tahun diestimasi menggunakan nilai more than 1 year, are estimated using the last quoted
kuotasi pasar terakhir (level 2 - hirarki nilai wajar). market price (level 2 - fair value hierarchy).
Estimasi nilai wajar dari pinjaman yang diberikan The estimated fair value of loans represents the
mencerminkan jumlah diskonto dari estimasi kini discounted amount of estimated future cash flows
dari arus kas masa depan yang diharapkan akan expected to be received. Estimated cash flows are
diterima. Arus kas masa depan yang diharapkan discounted at current market rates to determine fair
didiskontokan pada tingkat suku bunga pasar terkini value (level 3 - fair value hierarchy).
untuk menentukan nilai wajar (level 3 - hirarki nilai
wajar).
Nilai tercatat dari pembiayaan syariah merupakan Carrying value of sharia financing approximates the
perkiraan yang layak atas nilai wajar dikarenakan estimates fair value since sharia financing have short-
pinjaman tersebut memiliki tenor jangka pendek. term tenure.
Nilai wajar utang obligasi diestimasi menggunakan The fair value of bonds payable is estimated by using
nilai kuotasi pasar terakhir (level 2 - hirarki nilai the last quoted market price (level 2 - fair value
wajar). hierarchy).
Nilai wajar dari pinjaman yang diterima dinilai The fair value of borrowings is estimated by using
dengan menggunakan diskonto arus kas discounted cash flows applying the effective interest
berdasarkan tingkat suku bunga efektif yang rate charged by the lender for the last utilization of
dikenakan pada pinjaman terakhir yang digunakan borrowings (level 2 - fair value hierarchy).
(level 2 - hirarki nilai wajar).
Nilai tercatat aset keuangan dan liabilitas keuangan The carrying amount of remaining financial assets
lainnya mendekati nilai wajarnya karena instrumen and financial liabilities are reasonable approximation
keuangan bersifat jangka pendek atau yang ditinjau of fair value because they are short term in nature or
ulang menggunakan harga pasar secara berkala. re-price to current market rates frequently.
Perhitungan nilai wajar dilakukan hanya untuk The fair values calculated are for disclosure purposes
kepentingan pengungkapan dan tidak berdampak only and do not have any impact on the Group’s
pada pelaporan posisi atau kinerja keuangan Grup. reported financial performance or position. The fair
Nilai wajar yang dihitung oleh Grup mungkin values calculated by the Group may be different from
berbeda dengan jumlah aktual yang akan the actual amount that will be received/paid on the
diterima/dibayar pada saat penyelesaian atau jatuh settlement or maturity of the financial instruments. As
tempo instrumen keuangan. Mengingat kategori certain categories of financial instruments are not
tertentu instrumen keuangan yang tidak traded, there is management’s judgment involved in
diperdagangkan, maka terdapat pertimbangan calculating the fair values.
manajemen dalam perhitungan nilai wajar.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 225 661
Page 664
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional Operational risk
Risiko operasional didefinisikan sebagai risiko Operational risk is defined as the risks of loss
akibat ketidakcukupan atau tidak berfungsinya resulting from inadequate or failed internal
proses internal, kesalahan manusia, kegagalan processes, people, systems failure or external events
sistem, atau adanya kejadian-kejadian eksternal that impacted to the Bank’s operational activities.
yang mempengaruhi aktivitas operasional Bank.
Tata Kelola Pengelolaan Risiko Operasional Operational Risk Management Governance
Dewan Komisaris dan Direksi melakukan The Board of Commissioners and the Board of
pengawasan secara aktif terhadap Manajemen Directors actively supervise Operational Risk
Risiko Operasional dimana Dewan Komisaris Management where the Board of Commissioners
melalui Komite Pemantau Risiko dan Direksi melalui through the Risk Monitoring Committee and the
Komite Manajemen Risiko / Komite Manajemen Board of Directors through the Risk Management
Risiko Non Keuangan yang dilakukan secara Committee / Non-Financial Risk Management
berkala sesuai terms of reference masing-masing. Committee are carried out periodically in accordance
with their respective terms of reference.
Satuan Kerja Operational Risk Management (ORM) Operational Risk Management (ORM) Work Unit has
memiliki tanggung jawab secara langsung kepada direct responsibility to Head of Risk Management, for
Kepala Manajemen Risiko, atas manajemen risiko operational risk management. Bank had determined
operasional. Bank telah menetapkan profil dan the profile and level of operational risk sufficiently to
tingkat risiko operasional secara memadai agar be in line with overall business goals and strategies
sejalan dengan sasaran dan strategi bisnis Bank of the Bank. Monitoring the operational risk level and
secara keseluruhan. Pemantauan tingkat dan profil profile is carried out by determining Non Financial
risiko operasional dilakukan melalui penetapan Non Risk (NFR) Appetite and Key Risk Indicators as part
Financial Risk (NFR) Appetite dan Key Risk of the operational risk management tools.
Indicator yang menjadi bagian dalam perangkat
kerja manajemen risiko operasional.
Kecukupan Kebijakan, Prosedur, dan Penetapan Adequacy of Policies, Procedures, and
Limit Determination of Limits
Operational Risk Management (ORM) bertanggung Operational Risk Management (ORM) is responsible
jawab dalam menyusun, mengembangkan dan for the formulation, development and conducting
melakukan kaji ulang secara berkala atas kebijakan periodic reviews of policies including BCM (Business
ORM (Operational Risk Management) mencakup Continuity Management), Insurance Management,
BCM (Business Continuity Management), Third Party Risk Management, Internal Control over
Manajemen Asuransi, Manajemen Risiko Pihak Financial Information and/or Financial Report, Data
Ketiga, Pengendalian Internal atas Informasi Governance & Management and procedures that
Keuangan dan/atau Laporan Keuangan, Tata Kelola support the ORM policy, including ICR (Internal
& Manajemen Data dan prosedur yang mendukung Control & Risk) Function procedure, KCSA (Key
kebijakan ORM antara lain prosedur Fungsi ICR Control Self Assessment), and KRI (Key Risk
(Internal Control & Risk), KCSA (Key Control Self Indicator) by considering every change, both
Assessment), dan KRI (Key Risk Indikator) dengan internally and externally.
mempertimbangkan setiap perubahan, baik secara
internal maupun eksternal.
Seluruh unit kerja wajib berpedoman kepada All work unit must be guided by the ORM policies and
kebijakan dan prosedur ORM dalam menjalankan procedures in carrying out its daily business and
aktivitas bisnis dan operasional sehari-hari. Selain operational activities. In addition, the Bank also has
itu, Bank juga telah memiliki sistem pengendalian internal control system to carry out every business
internal untuk menjalankan setiap aktivitas bisnis and daily operational activity, such as dual control,
dan operasional sehari-hari, seperti dual control, separation of roles & responsibilities, setting limits,
pemisahan tugas & tanggung jawab, penetapan delegation of authority, implementing annual
limit, pemberian wewenang, pelaksanaan cuti wajib mandatory leave, reconciliation process, user access
tahunan, proses rekonsiliasi, manajemen user management and others.
akses dan lainnya.
662 226 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 665
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Kecukupan Proses Manajemen Risiko Adequacy of Operational Risk Management
Operasional Process
Proses manajemen risiko operasional di Bank Bank's operational risk management process
mencakup identifikasi, pengukuran, pemantauan including identification, measurement, monitoring
dan pengendalian risiko yang berjalan secara and risk control runs in a structured and consistent
terstruktur, konsisten dan mengacu pada ketentuan manner based regulator regulation and effective best
regulator dan penerapan praktik terbaik yang efektif. practices.
Penyediaan aplikasi Internal Control & Risk System The existence of the Internal Control & Risk System
(ICRS) untuk digunakan di dalam penerapan (ICRS) application to be used in the implementation
manajemen risiko operasional Bank dan sekaligus of the Bank's operational risk management and at the
diharapkan sebagai database guna menyajikan same time is expected as a database to present
kebutuhan informasi secara akurat, tepat waktu dan accurate, timely and up-to-date information needs for
terkini untuk analisis dan pengambilan keputusan. analysis and decision-making.
Bank dan Entitas Anak telah memiliki pedoman The Bank and its Subsidiaries already have
pengelolaan kelangsungan usaha yang comprehensive business continuity management
komprehensif dan mengacu kepada standar industri guidelines which refer to the ISO 22301 industry
ISO 22301, dengan tujuan untuk mengantisipasi standard, with the aim of anticipating operational
potensi risiko operasional yang dapat terjadi dari risks that may occur from extreme/critical situations
situasi ekstrem/kritikal baik yang disebabkan oleh either caused by natural disasters such as floods,
faktor bencana alam seperti banjir, gempa bumi, dan earthquakes and volcanic eruptions or other factors
gunung meletus maupun faktor lainnya seperti such as demonstration, fires, disruptions to the
demonstrasi, kebakaran, gangguan sistem pasokan power supply system, pandemic and unfavorable
listrik, pandemi serta situasi bisnis yang kurang business situations. This is to ensure continuity of
menguntungkan. Hal ini untuk memastikan service to customers.
keberlangsungan layanan kepada nasabah.
Sistem Pengendalian Internal atas Risiko Internal Control System for Operational Risk
Operasional
Sistem pengendalian internal atas risiko operasional Internal control system for operational risk is carried
dilakukan melalui penerapan model 3 (tiga) lini out through the implementation of three lines of
pertahanan (three lines of defense). Pada lini defense models. In the first line of defense, the Risk
pertahanan pertama, Risk Taking Unit (RTU) Taking Unit (RTU) assisted by Business Risk/ICR in
dibantu oleh Business Risk/ICR dalam pengelolaan carried out day-to-day operational risk management.
risiko operasional sehari hari. Pada lini pertahanan In the second line of defense, the ORM work unit is
kedua, satuan kerja ORM bertugas untuk tasked with supervising the implementation of the
mengawasi pelaksanaan proses manajemen risiko operational risk management process in accordance
operasional sesuai dengan kebijakan dan prosedur with established policies and procedures.
yang ditetapkan.
Pada lini pertahanan ketiga, Internal Audit secara In the third line of defence, Internal Audit
independen melakukan pemeriksaan dan evaluasi independently examines and evaluates the
terhadap tata kelola dan efektivitas manajemen governance and effectiveness of operational risk
risiko operasional. management.
Pelaksanaan tugas dan tanggung jawab dari pihak- The implementation of role and responsibilities of
pihak yang terkait atas sistem pengendalian related parties for the Bank's internal control system
internal Bank, dilakukan secara berkelanjutan dan is carried out continuously and the results will be
hasilnya akan dinilai melalui perangkat kerja ICR assessed through the ICR MSA (Maturity Self-
MSA (Maturity Self-Assessment). Ketersediaan Assessment) work tool. The availability of meeting
forum pertemuan yang diselenggarakan oleh ORM forums organized by ORM to continuously provide
untuk senantiasa memberikan pemahaman dan understanding and training for the implementation of
pelatihan untuk penerapan sistem pengendalian the internal control system in RTU.
internal di RTU.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 227 663
Page 666
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Manajemen Risiko Fraud Fraud Risk Management
Pada bulan Juli 2025 Bank membentuk Divisi AFC In July 2025, the Bank established Anti-Financial
(Anti Financial Crime) yang berada di bawah Crime (AFC) Division under Compliance & Legal
Direktorat Kepatuhan & Hukum. Tujuan Directorate. The purpose of establishing AFC
pembentukan Divisi AFC untuk memperkuat Division was to strengthen broader risk management
pengelolaan risiko yang lebih luas terhadap against financial crimes to minimize losses for both
kejahatan keuangan (financial crime) guna customers and the Bank. Furthermore, in October
meminimalisir kerugian bagi nasabah maupun 2025, the investigation function was centralized
Bank. Selanjutnya pada bulan Oktober 2025, fungsi under AFC Division to optimize and improve the
investigasi telah disentralisasi di bawah Divisi AFC effectiveness of the investigation process.
untuk mengoptimalkan dan meningkatkan
efektivitas dari proses investigasi.
Divisi AFC saat ini berfokus pada pengelolaan risiko AFC Division currently focuses on fraud risk
fraud namun kedepannya akan berkoordinasi management, but in the future, it will coordinate with
dengan masing-masing Divisi terkait dalam each relevant Division in managing financial crime
pengelolaan risiko kejahatan financial yang meliputi risks, including Fraud, Anti-Money Laundering &
Penipuan (fraud), Anti Pencucian Uang & Counter-Terrorism Financing, Green Financial Crime,
Pendanaan Terorisme, Kejahatan Keuangan Hijau, Anti-Bribery & Corruption, Conduct Risk, Insider
Anti Penyuapan & Korupsi, Risiko Perilaku, Trading, Cybercrime, Tax Evasion, and Market
Perdagangan Orang Dalam, Kejahatan Siber, Manipulation.
Penghindaran Pajak dan Manipulasi Pasar.
Bank menerapkan zero tolerance terhadap setiap The Bank has no tolerance towards any fraud
kejadian fraud. Bank senantiasa menindaklanjuti incident. Bank always take action on every fraud
setiap kejadian fraud termasuk memberikan sanksi incident including imposing sanctions to employees
kepada karyawan yang melakukan maupun yang who commit or are involved in fraud incidents as per
terlibat dalam kejadian fraud sesuai dengan prevailing regulations including reporting to the
ketentuan yang berlaku termasuk melakukan authorities (if necessary).
pelaporan kepada pihak yang berwajib (bila
diperlukan).
Terkait dengan proses pencegahan risiko fraud, In relation to fraud risk prevention process, the Bank
Bank telah menjalankan program anti fraud has implemented anti fraud awareness program for
awareness untuk seluruh karyawan dan all employees and the signing of Anti Fraud & Code
penandatanganan pakta integritas Anti Fraud dan of Ethics integrity pact by the Board of Directors,
Kode Etik yang dilakukan oleh Direksi, Dewan Board of Commissioners, and every Bank employee.
Komisaris, dan setiap pegawai bank.
Bank telah memiliki kebijakan yang memadai terkait The Bank has adequate policies regarding
proses investigasi dan pelaporan kejadian fraud. investigation process and reporting of fraud. For
Untuk setiap kasus fraud yang terbukti, proses each proven fraud case, the process of imposing
pemberian sanksi diputuskan oleh Komite Fraud sanctions is decided by Fraud Committee involving
dan melibatkan unit kerja terkait, Business Risk/ICR the relevant work units, related Business Risk/ICR,
terkait, satuan kerja Sumber Daya Manusia dan Human Resources and AFC unit. The
AFC. Implementasi keputusan Komite Fraud implementation of Fraud Committee’s decisions is
dipantau dan dievaluasi secara berkala untuk monitored and evaluated periodically to determine
menentukan upaya perbaikan di masa yang akan future improvement efforts.
datang.
664 228 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 667
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Manajemen Risiko Keamanan Siber Cyber Security Risk Management
Di dalam rangka meningkatkan ketahanan In order to improve the Bank's cybersecurity resilience
keamanan siber bank dan pemenuhan ketentuan and fulfil the applicable regulatory requirements, the
regulasi berlaku, Bank menerapkan manajemen Bank implements cybersecurity risk management.
risiko keamanan siber.
Tata Kelola Manajemen Risiko Keamanan Siber Cybersecurity Risk Management Governance
Dalam pelaksanaan Tata Kelola manajemen risiko In the implementation of cybersecurity risk
keamanan siber, Direksi dan Dewan Komisaris management governance, Board of Directors and
melakukan pengawasan aktif terhadap kecukupan Board of Commissioners actively supervise the
penerapan keamanan siber. Adapun pelaksanaan adequacy of the implementation of cybersecurity. The
pengawasan aktif tersebut dilakukan melalui: Komite implementation of active supervision is carried out
Manajemen Risiko dan Komite Pemantau Risiko through: the Risk Management Committee and the
yang pelaksanaannya dilakukan secara berkala, Risk Monitoring Committee which are carried out
perumusan dan penetapan tingkat risiko keamanan periodically, the formulation and determination of the
siber (Risk Appetite dan juga Risk Tolerance) yang level of cybersecurity risk (Risk Appetite and Risk
tinjauannya dilakukan secara berkala sekurang- Tolerance) which are reviewed periodically at least
kurangnya setahun sekali serta penyelenggaraan once a year as well as the implementation of periodic
pelatihan berkala untuk menanamkan budaya dan training to instill a culture and awareness of risks
kesadaran risiko terkait keamanan siber. related to cybersecurity.
Di samping itu, penerapan tata kelola manajemen In addition, the implementation of cybersecurity risk
risiko keamanan siber juga mengacu kepada management governance also refers to the standard
standar baku yang berlaku di Bank seperti tertuang standards applicable at the Bank as stated in the
pada kerangka kerja dan kebijakan manajemen Bank's cybersecurity risk management framework
risiko keamanan siber Bank yang penerapannya and policy which is implemented through 6 stages of
dilakukan melalui 6 tahapan implementasi proses, process implementation, namely: Governance,
yaitu: Tata Kelola, Identifikasi, Proteksi, Deteksi, Identification, Protection, Detection, Response &
Respon & Pelaporan dan Pemulihan. Reporting and Recovery.
Kecukupan Kebijakan, Prosedur, dan Penetapan Adequacy of Policies, Procedures, and
Limit Determination of Limits
Satuan kerja Cyber Security Risk Management (CSRM) Cyber Security Risk Management (CSRM) work unit
yang bertanggung jawab langsung kepada Kepala that is directly responsible to Head of the Risk
Satuan Kerja Manajemen Risiko untuk melakukan Management to develop Cybersecurity and
pengembangan Kebijakan dan Prosedur Manajemen Information Risk Management Policies and
Risiko Keamanan Siber dan Informasi serta strategi Procedures as well as cybersecurity risk
manajemen risiko keamanan siber. Di mana kajian management strategies. Where the review of
terhadap kebijakan dan strategi manajemen risiko cybersecurity risk management policies and
keamanan siber ini dilaksanakan secara berkala dan strategies is carried out periodically and continuously
berkesinambungan untuk memastikan kesesuaiannya to ensure their compliance with applicable
dengan regulasi berlaku dan strategi serta arah bisnis regulations and the Bank's business strategies and
Bank. directions.
Dalam pelaksanaan aktivitas bisnis dan kegiatan In the implementation of its business activities and
operasionalnya, setiap unit kerja di Bank wajib operational activities, each work unit in the Bank is
menerapkan manajemen risiko keamanan siber dan required to implement cybersecurity and information
informasi pada saat melakukan pengelolaan risk management when managing the Bank's
Informasi Bank, maupun saat mengakses dan Information, as well as when accessing and
mengelola sistem yang digunakan di Bank. Dengan managing the systems used in the Bank. With its
pelaksanaannya wajib mengacu dan berpedoman implementation, it is mandatory to refer to and be
kepada Kebijakan, Prosedur dan Strategi guided by the applicable cybersecurity and
manajemen risiko keamanan siber dan informasi information risk management policies, procedures
yang berlaku. and strategies.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 229 665
Page 668
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Manajemen Risiko Keamanan Siber (lanjutan) Cyber Security Risk Management (continued)
Kecukupan Proses Manajemen Risiko Adequacy of the Cybersecurity Risk Management
Keamanan Siber Process
Untuk memastikan kecukupan proses penerapan To ensure the adequacy of the cybersecurity risk
manajemen risiko keamanan siber, Bank management implementation process, the Bank
menerapkan pelaksanaan tata kelola risiko implements cybersecurity risk governance through
keamanan siber melalui pelaksanaan pengawasan the implementation of active supervision from the
aktif dari direksi dan dewan komisaris, penentuan board of directors and board of commissioners,
risk appetite dan risk tolerance serta determination of risk appetite and risk tolerance and
penyelenggaraan program untuk peningkatan the implementation of programs to improve the
budaya dan kesadaran risiko keamanan siber. culture and awareness of cybersecurity risks.
Selain itu, Bank melakukan pengembangan In addition, the Bank is developing a risk
kerangka kerja manajemen risiko terkait keamanan management framework related to cybersecurity,
siber termasuk penetapan strategi manajemen risiko including establishing a cybersecurity risk
keamanan siber selaras dengan strategi dan arah management strategy in line with the Bank's
bisnis Bank, dan juga penerapan sistem business strategy and direction, and also
pengendalian internal guna memastikan penerapan implementing an internal control system to ensure
manajemen resiko keamanan siber & informasi di the implementation of cybersecurity & information
Bank serta memastikan ketersediaan Sumber Daya risk management in the Bank as well as managing &
Manusia (SDM) yang bertanggung jawab. ensuring the availability of responsible Human
Resources (HR).
Bank juga memastikan penerapan ketahanan The Bank also ensures the implementation of the
keamanan siber Bank melalui pelaksanaan tahapan- Bank's cyber security resilience through the
tahapan manajemen risiko keamanan, yaitu tata implementation of the stages of cyber security risk
kelola, identifikasi, proteksi (perlindungan aset), management, such as governance, identification,
deteksi, respon & pelaporan dan pemulihan. protection (asset protection), detection, response &
reporting and recovery.
Sistem Pengendalian Internal atas Risiko Internal Control System for Cybersecurity Risks
Keamanan Siber
Sistem pengendalian internal atas risiko keamanan The internal control system for cybersecurity risks is
siber dilakukan melalui penerapan model 3 (tiga) lini carried out through the application of the 3 (three)
pertahanan (three lines of defense). Pada lini lines of defense model. On the first line of defense,
pertahanan pertama, Risk Taking Unit (RTU) the Risk Taking Unit (RTU) assisted by Business
dibantu oleh Business Risk/ICR memastikan Risk/ICR ensures the application of cybersecurity risk
penerapan manajemen risiko keamanan siber pada management in the implementation of daily business
pelaksanaan proses bisnis sehari-hari. Pada lini processes. On the second line of defense, Cyber
pertahanan kedua, Satuan kerja Cyber Security Risk Security Risk Management (CSRM) work unit is in
Management (CSRM) bertugas untuk mengawasi charge of to supervise the implementation of the risk
pelaksanaan proses manajemen risiko sesuai management process in accordance with the
dengan kebijakan yang ditetapkan. established policies.
Pada lini pertahanan ketiga, Internal Audit secara In the third line of defense, Internal Audit
independen melakukan pemeriksaan dan evaluasi independently conducts an examination and
terhadap tata kelola dan efektivitas manajemen evaluation of the governance and effectiveness of
risiko keamanan siber. Pelaksanaan pengendalian cybersecurity risk management. The implementation
risiko pada lini pertahanan ketiga ini juga dapat of risk control on this third line of defense can also
melibatkan audit eksternal independen pada saat involve independent external audits when needed.
dibutuhkan.
Proses pengendalian manajemen risiko keamanan The Bank's cyber security risk management control
siber Bank dilakukan secara berkesinambungan process is carried out continuously by all relevant
oleh seluruh pihak terkait di Bank. Di samping itu, parties in the Bank. In addition, the cybersecurity risk
proses pengendalian risiko keamanan siber juga control process is also carried out through the
dilakukan melalui pelaksanaan pengukuran tingkat implementation of periodic measurement of
kematangan keamanan siber secara berkala untuk cybersecurity maturity levels to measure the level of
mengukur tingkat penerapan manajemen risiko implementation of cybersecurity risk management.
keamanan siber. Hasil dari pengukuran tingkat The results of this measurement of cybersecurity
kematangan keamanan siber ini dimanfaatkan untuk maturity level are used to review the adequacy of the
melakukan kaji ulang terhadap kecukupan implementation and control of cybersecurity risk
penerapan dan pengendalian manajemen risiko management implemented at the Bank.
keamanan siber yang diimplementasikan di Bank.
666 230 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 669
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
46. ASET DAN LIABILITAS DALAM MATA UANG 46. ASSETS AND LIABILITIES IN FOREIGN
ASING CURRENCIES
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: foreign currencies are as follows:
Mata uang asing Rupiah
(dalam ribuan)/ (dalam jutaan)/
Foreign currency Rupiah
(In thousand) (In million)
31 Desember/December
2025 2024 2025 2024
ASET ASSETS
Kas Cash
Dolar Amerika Serikat 1,230 1,577 20,510) 25,378) United States Dollar
Yen Jepang 24,659 114 2,626) 1,905) Japanese Yen
Dolar Singapura 62 18,488 798) 1,351) Singapore Dollar
23,934) 28,634)
Giro pada Bank Indonesia Current accounts with Bank Indonesia
Dolar Amerika Serikat 151,497 148,235 2,526,204) 2,385,842) United States Dollar
Giro pada bank-bank lain Current accounts with other banks
Dolar Amerika Serikat 30,203 13,057 503,632) 210,159) United States Dollar
Yen Jepang 2,585,363 1,963,509 275,341) 202,300) Japanese Yen
Dolar Singapura 6,697 9,309 86,827) 110,267) Singapore Dollar
Poundsterling Inggris 2,174 1,567 48,795) 31,681) British Poundsterling
Dolar Australia 2,979 3,261 33,223) 32,654) Australian Dollar
Baht Thailand 61,688 39,294 32,645) 18,460) Thailand Baht
Yuan China 11,242 22,327 26,812) 49,087) China Yuan
Euro Eropa 1,241 2,538 24,280) 42,530) European Euro
Dolar Hong Kong 4,393 5,056 9,411) 10,482) Hong Kong Dollar
Lain-lain 304 93 5,065) 1,497) Others
1,046,031) 709,117)
Penempatan pada Bank Placements with Bank Indonesia and
Indonesia dan bank-bank lain other banks
Dolar Amerika Serikat 59,007 247,064 983,936) 3,976,498) United States Dollar
Efek-efek Securities
Dolar Amerika Serikat 15,749 59,344 262,619) 955,144) United States Dollar
Tagihan akseptasi Acceptance receivables
Dolar Amerika Serikat 110,357 77,364 1,840,200) 1,245,175) United States Dollar
Yen Jepang 458,416 451,885 48,821) 46,558) Japanese Yen
Yuan China 5,096 32,334 12,155) 71,087) China Yuan
1,901,176) 1,362,820)
Pinjaman yang diberikan Loans
Dolar Amerika Serikat 2,774,526 2,596,988 46,265,223) 41,798,523) United States Dollar
Yuan China 504,739 - 1,203,803) -) Australian Dollar
Yen Jepang 3,898,315 4,414,947 415,171) 454,872) Japanese Yen
Dolar Australia 14,060 13,535 156,798) 135,535) China Yuan
Euro Eropa 674 1,179 13,191) 19,764) European Euro
48,054,186) 42,408,694)
Penyertaan saham Investment in shares
Dolar Amerika Serikat 243 3,278 4,050) 52,763) United States Dollar
Aset lain-lain Other assets
Dolar Amerika Serikat 13,697 13,000 228,394) 209,233) United States Dollar
Euro Eropa 100 - 1,957) - European Euro
Dolar Singapura 100 - 1,297) - Singapore Dollar
Poundsterling Inggris 50 - 1,122) -) British Poundsterling
Dolar Australia 100 - 1,115) - Australian Dollar
Lain-lain 16 9 265) 152) Others
234,150) 209,385)
Jumlah aset 55,036,286) 52,088,897) Total assets
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 231 667
Page 670
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
46. ASET DAN LIABILITAS DALAM MATA UANG 46. ASSETS AND LIABILITIES IN FOREIGN
ASING (lanjutan) CURRENCIES (continued)
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: (lanjutan) foreign currencies are as follows: (continued)
Mata uang asing Rupiah
(dalam ribuan)/ (dalam jutaan)/
Foreign currency Rupiah
(In thousand) (In million)
31 Desember/December
2025 2024 2025 2024
LIABILITAS LIABILITIES
Liabilitas segera Liabilities due immediately
Dolar Amerika Serikat 1,478 65 24,640) 1,042) United States Dollar
Giro Current accounts
Dolar Amerika Serikat 679,468 458,959 11,330,132) 7,386,940) United States Dollar
Yen Jepang 13,081,889 15,199,204 1,393,221) 1,565,974) Japanese Yen
Yuan China 38,406 5,406 91,598) 11,885) China Yuan
Euro Eropa 1,856 5,481 36,330) 91,857) European Euro
Dolar Singapura 2,068 1,745 26,814) 20,672) Singapore Dollar
Baht Thailand 31,617 17,384 16,732) 8,167) Thailand Baht
Lain-lain 364 239 6,070) 3,851) Others
12,900,897) 9,089,346)
Tabungan Savings deposits
Dolar Amerika Serikat 54,665 50,118 911,542) 806,642) United States Dollar
Yen Jepang 2,881,682 3,066,825 306,899) 315,975) Japanese Yen
Dolar Singapura 14,145 9,536 183,389) 112,948) Singapore Dollar
Euro Eropa 6,366 6,228 124,596) 104,366) European Euro
Lain-lain 10,377 8,969 173,039) 144,363) Others
1,699,465) 1,484,294)
Deposito berjangka dan deposito on Time deposits and deposits on call
call
Dolar Amerika Serikat 806,445 697,583 13,447,478) 11,227,605) United States Dollar
Dolar Singapura 9,470 1,980 122,782) 23,452) Singapore Dollar
Yen Jepang 145,153 209,639 15,459) 21,599) Japanese Yen
Lain-lain 659 - 10,992) -) Others
13,596,711) 11,272,656)
Simpanan dari bank-bank lain Deposits from other banks
Dolar Amerika Serikat 204,617 - 3,411,983) -) United States Dollar
Yuan China 30,034 - 71,631) -) China Yuan
3,483,614) -)
Liabilitas akseptasi Acceptance payables
Dolar Amerika Serikat 76,229 70,048 1,271,120) 1,127,421) United States Dollar
Yen Jepang 458,416 451,885 48,821) 46,558) Japanese Yen
Yuan China 5,096 32,334 12,155) 71,087) China Yuan
1,332,096) 1,245,066)
Pinjaman yang diterima Borrowings
Dolar Amerika Serikat 1,747,679 2,301,024 29,142,555) 37,034,980) United States Dollar
Yen Jepang 36,920,009 40,054,382 3,931,981) 4,126,803) Japanese Yen
33,074,536) 41,161,783)
Pinjaman subordinasi Subordinated loans
Dolar Amerika Serikat 200,637 200,626 3,345,621) 3,229,069) United States Dollar
Liabilitas lain-lain Other liabilities
Dolar Amerika Serikat 13,784 14,442 229,856) 242,336) United States Dollar
Yen Jepang 21,449 9,893 2,284) 1,019) Japanese yen
Euro Eropa 42 4 829) 66) European Euro
Lain-lain 15 25 246) 401) Others
233,215) 243,822)
Jumlah liabilitas 69,690,795) 67,727,078) Total liabilities
(Liabilitas) aset bersih (14,654,509) (15,638,181) Net (liabilities) assets
668 232 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 671
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
47. STANDAR AKUNTANSI YANG DITERBITKAN 47. ISSUED BUT NOT YET EFFECTIVE ACCOUNTING
NAMUN BELUM BERLAKU EFEKTIF STANDARDS
Pernyataan Standar Akuntansi Keuangan (PSAK) The relevant Statements of Financial Accounting
relevan yang telah disahkan oleh Dewan Standar Standards (PSAK) issued by the Board of Financial
Akuntansi Keuangan (DSAK) namun belum berlaku Accounting Standards (DSAK) but not yet effective for
efektif untuk laporan keuangan konsolidasian untuk the consolidated financial statements for the yeard
tahun yang berakhir pada tanggal ended 31 December 2025 are as follows:
31 Desember 2025 adalah sebagai berikut:
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2026:
1 Januari 2026:
- Amandemen PSAK 109 dan PSAK 107 - Amendments to PSAK 109 and PSAK 107
“Amandemen atas Klasifikasi dan Pengukuran “Amendments to the Classification and
Instrumen Keuangan” Measurement of Financial Instruments”
- Amandemen Tahunan 2024 “Amandemen - Annual Improvements 2024 “Amendments to
PSAK 107, PSAK 109, PSAK 110, dan PSAK PSAK 107, PSAK 109, PSAK 110, and PSAK 207”
207”
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2026:
1 Januari 2027:
- PSAK 413 “Penurunan Nilai” - PSAK 413 “Impairment Losses”
- PSAK 118 “Penyajian dan Pengungkapan dalam - PSAK 118 “Presentation and Disclosure in
Laporan Keuangan” Financial Statements”
Pada saat penerbitan laporan keuangan As at the authorization date of these consolidated
konsolidasian, Grup masih mengevaluasi dampak financial statements, the Group is still evaluating the
yang mungkin timbul dari penerapan standar baru potential impact of the new standard to the
tersebut serta pengaruhnya terhadap laporan consolidated financial statements.
keuangan konsolidasian.
48. REKONSILIASI UTANG BERSIH 48. NET DEBT RECONCILIATION
Pinjaman
Pinjaman yang Utang obligasi/ subordinasi/ Liabilitas
diterima/ Bonds Subordinated sewa/Lease Jumlah/
Borrowings payable loans liabilities Total
Utang bersih tanggal Net debt as of
1 Januari 2024 31,355,517) 202,083) 3,090,360) 353,990) 35,001,950) 1 January 2024
Arus kas 3,887,259) 1,705,615) (270,587) (74,885) 5,247,402) Cash flows
Perubahan lain*) 14,415,451) 1,053,343) 409,296) 56,170) 15,934,260) Other changes *)
Utang bersih tanggal Net debt as of
31 Desember 2024 49,658,227) 2,961,041) 3,229,069) 335,275) 56,183,612) 31 December 2024
Arus kas (13,018,403) 3,507,410) (190,895) (77,217) (9,779,105) Cash flows
Perubahan lain*) 2,097,060) 355,006) 307,447) 150,882) 2,910,395) Other changes *)
Utang bersih tanggal Net debt as of
31 Desember 2025 38,736,884) 6,823,457) 3,345,621) 408,940) 49,314,902) 31 Decemmber 2025
*) Perubahan lain termasuk pergerakan non-kas yang merupakan *) Other changes include non-cash movements which are effect of
dampak perubahan selisih kurs, amortisasi biaya transaksi, akrual exchange rate, amortization of transaction cost, accrued interest
beban bunga, dan penambahan dari akuisisi Entitas Anak. expenses and addition from acquisition of Subsidiaries.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 233 669
Page 672
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA STANDARDS
Informasi tambahan berikut yang disajikan di bawah The
r following additional information presented below
ini merupakan informasi yang disyaratkan oleh ise information required by applicable regulations as
regulasi yang berlaku sesuai catatan 2b dan per Notes 2b and is not information required by
bukan/tidak merupakan informasi yang Indonesian Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Indonesia:
a. Jaringan distribusi a. Distribution network
Jaringan distribusi Bank dan Entitas Anak pada The Bank and Subsidiaries distribution network
tanggal 31 Desember 2025 dan 2024 adalah as of 31 December 2025 and 2024 was as
sebagai berikut: follows:
31 Desember/December
2025 2024
Kantor Cabang 500 489 Branches
Kantor Cabang Pembantu 164 198 Sub-Branches
ATM dan TCR 222 231 ATM and TCR
Kantor Fungsional 1,539 1,575 Functional Branches
2,425 2,493
b. Aset keuangan berdasarkan kolektibilitas b. Financial assets based on OJK collectablity
OJK
Tabel di bawah ini menggambarkan nilai The table below summarizes the carrying
tercatat (sebelum cadangan kerugian amounts (before allowance for impairment
penurunan nilai) dari aset keuangan losses) of financial assets based on OJK
berdasarkan kolektibilitas OJK: collectability:
31 Desember/December 2025
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Giro pada Bank Current accounts
Indonesia with Bank Indonesia
(Catatan 5) 7,915,463 - - - - 7,915,463 (Note 5)
Current accounts
Giro pada bank-bank with other banks
lain (Catatan 6) 1,306,952 - - - - 1,306,952 (Note 6)
Penempatan pada
Bank Indonesia dan Placements with
bank-bank lain Bank Indonesia and
(Catatan 7) 14,922,235 - - - - 14,922,235 other banks (Note 7)
Efek-efek (Catatan 8) 25,684,516 - - - - 25,684,516 Securities (Note 8)
Securities
Efek-efek yang dibeli purchased under
dengan janji dijual resale agreements
kembali (reverse (reverse repo) (Note
repo) (Catatan 9) 1,683,826 - - - - 1,683,826 9)
Derivative
Tagihan derivatif receivables
(Catatan 10) 1,279,538 1,334 - - - 1,280,872 (Note 10)
Acceptance
Tagihan akseptasi receivables
(Catatan 11) 3,793,458 - - - - 3,793,458 (Note 11)
Pinjaman yang Loans and sharia
diberikan dan financing/
pembiayaan/piutang receivables
syariah (Catatan 12) 145,488,554 7,155,289 341,176 418,399 1,607,421 155,010,839 (Note 12)
Investment in
Penyertaan saham 22,522 4,050 - - - 26,572 shares
202,097,064 7,160,673 341,176 418,399 1,607,421 211,624,733
Komitmen dan Commitments and
155,362,711 1,267,373 - - - 156,630,084
kontinjensi contingencies
670 234 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 673
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
b. Aset keuangan berdasarkan kolektibilitas b. Financial assets based on OJK collectablity
OJK (lanjutan) (continued)
Tabel di bawah ini menggambarkan nilai The table below summarizes the carrying
tercatat (sebelum cadangan kerugian amounts (before allowance for impairment
penurunan nilai) dari aset keuangan losses) of financial assets based on OJK
berdasarkan kolektibilitas OJK: (lanjutan) collectability: (continued)
31 Desember/December 2024
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Current accounts
Giro pada Bank with Bank
Indonesia Indonesia
(Catatan 5) 9,443,461 - - - - 9,443,461 (Note 5)
Current accounts
Giro pada bank-bank with other banks
lain (Catatan 6) 1,035,001 - - - - 1,035,001 (Note 6)
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain and other banks
(Catatan 7) 12,694,705 - - - - 12,694,705 (Note 7)
Efek-efek (Catatan 8) 27,981,308 - - - - 27,981,308 Securities (Note 8)
Securities
purchased under
resale
Efek-efek yang dibeli agreements
dengan janji dijual (reverse repo)
kembali (Catatan 9) 468,188 - - - - 468,188 (Note 9)
Derivative
Tagihan derivatif receivables
(Catatan 10) 1,747,123 1,002 - - - 1,748,125 (Note 10)
Acceptance
Tagihan akseptasi receivables
(Catatan 11) 3,334,619 - - - - 3,334,619 (Note 11)
Pinjaman yang Loans and sharia
diberikan dan financing/
pembiayaan/piutang receivables
syariah (Catatan 12) 140,454,478 7,130,193 500,108 319,920 1,567,296 149,971,995 (Note 12)
Investment in
Penyertaan saham 22,522 52,763 - - - 75,285 shares
197,181,405 7,183,958 500,108 319,920 1,567,296 206,752,687
Komitmen dan Commitments and
155,362,711 1,267,373 - - - 156,630,084
kontinjensi contingencies
c. Giro Wajib Minimum (GWM) c. Statutory Reserves
Giro Wajib Minimum (GWM) pada tanggal As of 31 December 2025 and 2024, the statutory
31 Desember 2025 dan 2024 adalah sebagai reserves were as follows:
berikut:
31 Desember/December
2025 2024
Bank Bank
Rupiah Rupiah
- GWM Bank Konvensional 6.97% 6.91% Average Conventional Bank -
Rata-rata Statutory Reserves
- GWM Penyangga Likuiditas Statutory Reserve Macroprudential -
Makroprudensial (“PLM”) 16.84% 19.44% Liquidity Buffer (“PLM”)
- GWM Rasio Intermediasi Statutory Reserve Macroprudential -
Makroprudensial (“RIM”)* - - Intermediation Ratio (“RIM”)*
Mata uang asing Foreign currencies
- GWM Rata-rata 4.02% 4.02% Average Statutory Reserves -
*) Pada tanggal 31 Desember 2025 dan 2024, rasio RIM Bank berada di atas *) As of 31 December 2025 and 2024, the Bank’s RIM ratio is above the
batas yang ditentukan. Walaupun demikian, Bank tidak dikenakan GWM RIM specified limit. Nevertheless the Bank is not subject to the Statutory
dikarenakan rasio KPMM Bank berada di atas 14%. Reserves RIM as the Bank’s CAR is above 14%.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 235 671
Page 674
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
c. Giro Wajib Minimum (GWM) (lanjutan) c. Statutory Reserves (continued)
Giro Wajib Minimum (GWM) pada tanggal As of 31 December 2025 and 2024, the statutory
31 Desember 2025 dan 2024 adalah sebagai reserves were as follows: (continued)
berikut: (lanjutan)
31 Desember/December
2025 2024
Entitas Anak Subsidiary
Rupiah Rupiah
- GWM Total (Bank Syariah) 6.69% 5.86% Total Statutory Reserves (Sharia Bank) -
Pemenuhan GWM Bank dan Entitas Anak Compliance of Group’s GWM in Rupiah and
dalam mata uang Rupiah dan Valuta Asing Foreign Currency is inline with Bank Indonesia
sesuai Peraturan Bank Indonesia (PBI) No 11 Regulation (PBI) PBI No 11 Year 2024
Tahun 2024 terkait Pengendalian Moneter regarding Monetary Policy and its
serta peraturan-peraturan pelaksanaannya. implementation regulations. Compliance of
Pemenuhan Penyangga Likuiditas Macroprudential Liquidity Buffer (PLM) is inline
Makroprudensial (PLM) sesuai PBI with PBI No.20/4/PBI/2018 with the latest
No.20/4/PBI/2018 dan perubahan terakhirnya amendment in PBI No.24/16/PBI/2022 and its
dalam PBI No.24/16/PBI/2022 serta peraturan- implementation regulations.
peraturan pelaksanaannya.
d. Batas Maksimum Pemberian Kredit d. Legal Lending Limit (“LLL”)
(“BMPK”)
Berdasarkan laporan Batas Maksimum Based on the Group’s Legal Lending Limit (LLL)
Pemberian Kredit (BMPK) Grup yang report to OJK, as of 31 December 2025 and
disampaikan kepada OJK, pada tanggal 2024 there was no violation or excess of LLL to
31 Desember 2025 dan 2024 tidak terdapat both third parties and related parties in
pelanggaran ataupun pelampauan BMPK compliance with OJK’s regulation.
kepada pihak ketiga dan pihak berelasi sesuai
dengan peraturan yang telah ditetapkan OJK.
e. Rasio pinjaman yang diberikan kepada e. Ratios of loans extended to Micro, Small and
Usaha Mikro, Kecil dan Menengah (“UMKM”) Medium Enterprises (“UMKM”)
Rasio pinjaman yang diberikan kepada Usaha Ratios of loans extended to Micro, Small and
Mikro, Kecil dan Menengah (“UMKM”) terhadap Medium Enterprises (“UMKM”) to total loans as of
jumlah pinjaman yang diberikan pada tanggal 31 December 2025 and 2024 were 12.50% and
31 Desember 2025 dan 2024 masing-masing 13.49%, respectively. These ratios were calculated
sebesar 12,50% dan 13,49%. Rasio tersebut based on the prevailing Bank Indonesia
dihitung sesuai dengan peraturan Bank Indonesia regulations.
yang berlaku.
f. Kredit sindikasi f. Syndicated loans
Keikutsertaan Bank sebagai anggota dan/atau Total participation of the Bank in syndicated
arranger dalam kredit sindikasi berkisar antara loans, in which the Bank acted as a member
0,80% sampai dengan 86,19% dari fasilitas and/or arranger, ranged from 0.80% up to
kredit sindikasi pada tanggal 31 Desember 86.19% of syndicated loan facility as of
2025 dan 0,80% sampai dengan 82,98% dari
fasilitas kredit sindikasi pada tanggal 31 December 2025 and 0.80% up to 82.98% of
31 Desember 2024. syndicated loan facility as of 31 December 2024.
672 236 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 675
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
g. Pinjaman yang diberikan dan pembiayaan/ g. Non-performing loans and sharia
piutang syariah bermasalah financing/receivables
Berdasarkan peraturan OJK yang berlaku, rasio Based on prevailing OJK regulations, the
bruto pinjaman yang diberikan dan maximum gross non-performing loans and
pembiayaan/piutang syariah bermasalah sharia financing/receivables ratio for a bank is
setinggi-tingginya adalah 5% dari jumlah 5% from total loans and sharia
pinjaman yang diberikan dan pembiayaan/ financing/receivables given. The gross and net
piutang syariah. Rasio kredit bermasalah bruto non-performing loan ratios of the Group was as
dan bersih Grup adalah sebagai berikut: follows:
31 Desember/December
2025 2024
Kurang lancar 341,176 500,108) Substandard
Diragukan 418,399 319,920) Doubtful
Macet 1,607,421 1,567,296) Loss
Jumlah pinjaman yang
diberikan dan Total non-performing loans and
pembiayaan/piutang syariah sharia
bermasalah - kotor 2,366,996 2,387,324) financing/receivables - gross
Cadangan kerugian penurunan
nilai (1,304,481) (1,727,088) Allowance for impairment losses
Jumlah pinjaman yang
diberikan dan
pembiayaan/piutang syariah Total non-performing loans and
bermasalah - bersih 1,062,515 660,236) sharia financing/receivables - net
Jumlah pinjaman yang
diberikan dan
pembiayaan/piutang syariah Total loans and sharia financing/
yang diberikan 155,010,839 149,971,995) receivables
Jumlah pinjaman kepada Bank
lain (1,557,657) (1,017,761) Total loans to other banks
153,453,182 148,954,234)
Rasio pinjaman yang diberikan
dan pembiayaan/piutang Non-performing loans and sharia
syariah bermasalah - kotor 1.54% 1.60% financing/receivables ratio - gross
Rasio pinjaman yang diberikan
dan pembiayaan/piutang Non-performing loans and sharia
syariah bermasalah - bersih 0.69% 0.44% financing/receivables ratio - net
Rasio pemenuhan cadangan kerugian The Group’s ratio of allowance for impairment
penurunan nilai aset keuangan Grup losses on financial assets (percentage of
(persentase cadangan kerugian penurunan allowance for impairment losses on financial
nilai aset keuangan yang telah dibentuk assets recorded to the minimum allowance for
terhadap jumlah minimum cadangan kerugian
penurunan nilai aset keuangan sesuai impairment losses on financial assets as
ketentuan Bank Indonesia) pada tanggal required by Bank Indonesia) as of
31 Desember 2025 dan 2024 masing-masing 31 December 2025 and 2024 were 97.89% and
adalah sebesar 97,89% dan 110,70%. 110.70%, respectively.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 237 673
Page 676
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
h. Pinjaman yang diberikan dan h. Restructured loans and sharia
pembiayaan/piutang syariah yang financing/receivables
direstrukturisasi
Pada tanggal 31 Desember 2025 dan 2024, As of 31 December 2025 and 2024, total
jumlah pinjaman yang diberikan dan restructured loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables based on OJK grading was as
direstrukturisasi berdasarkan kolektibilitas OJK follows:
adalah sebagai berikut:
31 Desember/December 2025
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan Macet/ Jumlah/
Current mention Substandard /Doubtful Loss Total
Korporasi - 4,027,482 - - - 4,027,482 Corporates
Pensiunan 156 - - - - 156 Pensioners
Umum 1,655 563 172 46,692 30 49,112 General purpose
Usaha kecil Small medium
menengah 453,423 118,473 4,780 8,898 268,620 854,194 enterprises
Usaha mikro kecil 40,302 26,287 4,942 162 3,352 75,045 Micro business
Pembiayaan/ Sharia financing/
piutang syariah 308,874 3,153 1,772 1,164 - 314,963 receivables
804,410 4,175,958 11,666 56,916 272,002 5,320,952
31 Desember/December 2024
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan Macet/ Jumlah/
Current mention Substandard /Doubtful Loss Total
Korporasi 444 3,434,907 - - 487,942 3,923,293 Corporates
Pensiunan 197 - - - - 197 Pensioners
Umum 351 562 20 86 46,631 47,650 General purpose
Usaha kecil Small medium
menengah 578,412 142,272 6,055 7,578 424,488 1,158,805 enterprises
Usaha mikro kecil 23,017 16,027 656 1,081 685 41,466 Micro business
Pembiayaan/ Sharia financing/
piutang syariah 62,145 5,999 7,301 1,035 473 76,953 receivables
664,566 3,599,767 14,032 9,780 960,219 5,248,364
674 238 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 677
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
i. Risiko Kredit i. Credit Risk
Porsi kredit yang diberikan yang mendapatkan The portion of loans that benefits from such
manfaat dari agunan, baik sebagian maupun partial or full collateralization as credit risk
penuh, sebagai mitigasi dari risiko kredit pada mitigation as of 31 December 2025 and 2024
tanggal 31 Desember 2025 dan 2024 masing- were 45.45% and 43.00% of total outstanding
masing sebesar 45,45% dan 43,00% dari loans, respectively.
jumlah kredit yang diberikan.
j. Posisi Devisa Neto j. Net Open Position
Berdasarkan Peraturan Bank Indonesia Based on the prevailing Bank Indonesia
mengenai Posisi Devisa Neto yang berlaku, Regulation relating with Net Open Position, the
maksimum Posisi Devisa Neto adalah 20% dari maximum Net Open Position is at 20% of capital.
modal.
Posisi Devisa Neto adalah jumlah dari nilai Net Open Position is the sum of the absolute
absolut selisih bersih aset dan liabilitas dalam values of the net difference between assets and
laporan posisi keuangan untuk setiap mata liabilities in the statement of financial position for
uang asing dan selisih bersih tagihan dan each foreign currency and the net difference of
kewajiban komitmen dan kontinjensi dalam receivables and commitments and contingent
rekening administratif untuk setiap mata uang liabilities in the administrative accounts for each
asing, yang semuanya dinyatakan dalam foreign currency, which are all stated in Rupiah.
Rupiah.
Berikut adalah Posisi Devisa Neto Bank pada Below is the Net Open Position of Bank as of
tanggal 31 Desember 2025 dan 2024 dalam 31 December 2025 and 2024 in currency
mata uang (ekuivalen Rupiah). Nilai ini adalah (Rupiah equivalent). These amounts are
yang dilaporkan kepada Bank Indonesia pada reported to Bank Indonesia on the statement of
tanggal laporan posisi keuangan sebagai financial position’s date as part of daily reporting.
bagian dari laporan harian.
31 Desember/December 2025
Posisi Devisa
Neto/
Aset/ Liabilitas/ Net Open
Mata Uang Assets Liabilities Position Currencies
Laporan posisi keuangan dan Statement of financial position
rekening administratif and off-balance sheet
Dolar Amerika Serikat 103,582,932 103,531,546 51,386 United States Dollar
Yen Jepang 4,096,628 4,265,095 168,467 Japanese Yen
Dolar Singapura 347,363 333,772 13,591 Singapore Dollar
Euro Eropa 645,768 657,500 11,732 European Euro
Baht Thailand 32,815 36,485 3,670 Thailand Baht
Poundsterling Inggris 50,424 52,288 1,864 British Poundsterling
Dolar Australia 190,999 188,527 2,472 Australian Dollar
Yuan China 1,892,592 1,880,439 12,153 China Yuan
Dolar Hong Kong 9,555 11,801 2,246 Hong Kong Dollar
Franc Swiss 1,701 - 1,701 Swiss Franc
Riyal Saudi Arabia 3,353 1,829 1,524 Saudi Arabia Riyal
Rupee India 97 7 90 Indian Rupee
Ringgit Malaysia 1 - 1 Malaysia Ringgit
jJumlah 270,897 Total
Jumlah Modal Tier I dan II 38,093,214 Total Tier I and II Capital
Rasio PDN 0.71% NOP Ratio
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 239 675
Page 678
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
j. Posisi Devisa Neto (lanjutan) j. Net Open Position (continued)
31 Desember/December 2024
Posisi Devisa
Neto/
Aset/ Liabilitas/ Net Open
Mata Uang Assets Liabilities Position Currencies
Laporan posisi keuangan dan Statement of financial position
rekening administratif and off-balance sheet
Dolar Amerika Serikat 100,282,026 99,911,496 370,530 United States Dollar
Yen Jepang 2,694,733 2,789,078 94,345 Japanese Yen
Dolar Singapura 155,124 158,546 3,422 Singapore Dollar
Euro Eropa 213,614 196,501 17,113 European Euro
Baht Thailand 18,790 21,095 2,305 Thailand Baht
Poundsterling Inggris 32,053 36,515 4,462 British Poundsterling
Dolar Australia 198,003 195,577 2,426 Australian Dollar
Yuan China 600,544 606,063 5,519 China Yuan
Dolar Hong Kong 10,530 12,571 2,041 Hong Kong Dollar
Franc Swiss 1,413 - 1,413 Swiss Franc
Rupee India 83 10 73 Indian Rupee
Ringgit Malaysia 1 - 1 Malaysia Ringgit
jJumlah 503,650 Total
Jumlah Modal Tier I dan II 37,376,948 Total Tier I and II Capital
Rasio PDN 1.35% NOP Ratio
k. Manajemen Risiko Permodalan k. Capital Risk Management
Sesuai dengan Peraturan OJK (POJK) According to OJK Regulation No.
No. 11/POJK.03/2016 tentang kewajiban 11/POJK.03/2016 dated 12 December 2013
penyediaan modal minimum bank umum dan regarding Capital Adequacy Ratio (CAR) for
SEOJK No. 26/SEOJK.03/2016 tentang KPMM Commercial Bank and SEOJK No.
sesuai Profil Risiko dan Pemenuhan Capital 26/SEOJK.03/2016 regarding Capital Adequacy
Equivalency Maintained Assets (CEMA), Bank Ratio based on Risk Profile and Fullfillment of
wajib melakukan perhitungan KPMM minimum Capital Equivalency Maintained Assets
berdasarkan profil risiko dan melakukan (CEMA), the Bank is required to calculate
Internal Capital Adequacy Assessment Process minimum CAR in accordance to its risk profile
(ICAAP). Peraturan ini juga mengatur tentang and to perform Internal Capital Adequacy
pemenuhan rasio modal inti (Tier 1) paling Assessment Process (ICAAP). This regulation
rendah sebesar 6% dan rasio modal inti utama also stipulates minimum Tier 1 ratio at the
(Common Equity Tier 1) paling rendah sebesar minimum of 6% and common equity Tier 1 ratio
4,5%, efektif sejak tanggal at the minimum of 4.5%, effective on 1 January
1 Januari 2014. 2014.
Grup telah memenuhi semua persyaratan The Group has complied with all externally
modal yang diwajibkan sepanjang tahun. imposed capital requirements throughout the
year.
676 240 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 679
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
k. Manajemen Risiko Permodalan (lanjutan) k. Capital Risk Management (continued)
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under
OJK yang berlaku pada 31 Desember 2025 dan the prevailing OJK regulation as of
2024 adalah sebagai berikut: 31 December 2025 and 2024 were as follows:
31 Desember/December
2025 2024
KONSOLIDASI CONSOLIDATED
Aset tertimbang menurut risiko Risk weighted assets
- Dengan memperhitungkan risiko kredit 155,113,928 151,246,559 With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 166,368,179 161,976,039 charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 167,846,136 163,826,500 risk charge
Modal Capital
- Modal inti 44,027,008 44,187,414 Core capital -
- Modal pelengkap 5,166,874 4,995,432 Supplementary capital -
49,193,882 49,182,846
Rasio kewajiban penyediaan modal
minimum Capital adequacy ratio
- Dengan memperhitungkan risiko kredit 31.71% 32.52% With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 29.57% 30.36% charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 29.31% 30.02% risk charge
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
minimum yang diwajibkan less than 10% less than 10% required
- Rasio Kewajiban Penyediaan Modal
Minimum 29.31% 30.02% Capital Adequacy Ratio -
- Rasio CET 1 26.23% 26.97% CET 1 ratio -
- Rasio tier 1 26.23% 26.97% Tier 1 ratio -
- Rasio tier 2 3.08% 3.05% Tier 2 ratio -
BANK BANK
Aset tertimbang menurut risiko Risk weighted assets
- Dengan memperhitungkan risiko kredit 125,869,579 121,209,907 With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 136,363,907 131,701,422 charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 137,841,864 133,551,883 risk charge
Modal Capital
- Modal inti 33,184,333 32,641,997 Core capital -
- Modal pelengkap 4,908,881 4,734,951 Supplementary capital -
38,093,214 37,376,948
Rasio kewajiban penyediaan modal
minimum Capital adequacy ratio
- Dengan memperhitungkan risiko kredit 30.26% 30.84% With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 27.93% 28.38% charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 27.63% 27.99% risk charge
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 241 677
Page 680
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
k. Manajemen Risiko Permodalan (lanjutan) k. Capital Risk Management (continued)
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under
OJK yang berlaku pada 31 Desember 2025 dan the prevailing OJK regulation as of
2024 adalah sebagai berikut: (lanjutan) 31 December 2025 and 2024 were as follows:
(continued)
31 Desember/December
2025 2024
BANK (lanjutan) BANK (continued)
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
minimum yang diwajibkan less than 10% less than 10% required
- Rasio Kewajiban Penyediaan Modal
Minimum 27.63% 27.99% Capital Adequacy Ratio -
- Rasio CET 1 24.07% 24.44% CET 1 ratio -
- Rasio tier 1 24.07% 24.44% Tier 1 ratio -
- Rasio tier 2 3.56% 3.55% Tier 2 ratio -
l. Jaminan pemerintah terhadap liabilitas l. Government guarantee on obligations of
pembayaran bank umum commercial banks
Berdasarkan Undang-Undang No. 24 tanggal Based on Law No. 24 dated 22 September 2004,
22 September 2004 yang berlaku efektif sejak effective on 22 September 2005, which was
tanggal 22 September 2005, sebagaimana diubah amended by the Government Regulation as
dengan Peraturan Pemerintah Pengganti Substitution of Law No. 7 Year 2009 dated
Undang-Undang Republik Indonesia No. 7 Tahun 13 January 2009 regarding with the Determination
2009 tanggal 13 Januari 2009 tentang Penetapan of Government Regulation as Substitution of Law
Peraturan Pemerintah Pengganti Undang- No. 3 Year 2008, Deposit Insurance Agency
Undang No. 3 Tahun 2008, dibentuk untuk (“LPS”) was formed to guarantee certain liabilities
menjamin liabilitas tertentu bank-bank umum of commercial banks under the applicable
berdasarkan program penjaminan yang berlaku, guarantee program, which the amount of
yang besaran nilai jaminannya dapat berubah jika guarantee can be amended if the situation
memenuhi kriteria tertentu yang berlaku. complies with the valid particular criterias.
Berdasarkan Peraturan Pemerintah Republik Based on Government Regulation No. 66 Year
Indonesia No. 66 Tahun 2008 tanggal 2008 dated 13 October 2008 regarding The
13 Oktober 2008 mengenai Besarnya Nilai Amount of Deposit Guaranteed by Indonesia
Simpanan yang Dijamin Lembaga Penjaminan Deposit Insurance Agency (LPS), the amount of
Simpanan (LPS), maka pada tanggal deposits covered by LPS is customer deposits up
31 Desember 2025 dan 2024 jumlah simpanan to Rp 2,000 per depositor per bank as of
yang dijamin LPS adalah simpanan sampai 31 December 2025 and 2024.
dengan Rp 2.000 untuk per nasabah per bank.
Berdasarkan Siaran Pers yang terakhir dilakukan Based on the latest Press Release made dated
pada tanggal 22 September 2025, tingkat bunga 22 September 2025, the guaranteed interest rate
penjaminan LPS menjadi sebesar 3,50% untuk by LPS is 3.50% for deposits denominated in
simpanan dalam Rupiah dan 2,00% untuk Rupiah and 2.00% for deposits denominated in
simpanan dalam mata uang asing. foreign currency.
Grup adalah peserta dari program penjaminan The Group both are participants of the guarantee
tersebut. Premi yang telah dibayarkan selama program. Premium paid for the years ended
tahun-tahun yang berakhir pada tanggal 31 December 2025 and 2024 were Rp 234,805
31 Desember 2025 dan 2024 masing-masing and Rp 233,771, respectively.
adalah Rp 234.805 dan Rp 233.771.
678 242 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 681
PT BANK SMBC INDONESIA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. INFORMASI TAMBAHAN YANG TIDAK 49. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
m. Jasa kustodian m. Custodial services
PT Bank SMBC Indonesia menyelenggarakan PT Bank SMBC Indonesia provides Custodian
Jasa Kustodian (Bank Kustodian) sejak Juni 2024 Services (Custodian Bank) since June 2024 based
berdasarkan Surat Keputusan Dewan Komisioner on Decree of the Board of Commissioners of The
Otoritas Jasa Keuangan (OJK) No. KEP- Financial Services Authority (OJK) No. KEP-
31/PM.02/2024 tanggal 7 Mei 2024. 31/PM.02/2024 dated 7 May 2024.
Secara umum, layanan utama dari Bank In general, the main services of Custodian Bank
Kustodian terdiri dari: consist of:
• Administrasi rekening efek • Security account administration
• Penyimpanan efek • Securities safekeeping
• Penyelesaian transaksi efek • Settlement securities transaction
• Pemrosesan tindakan korporasi dan • Processing corporate action and income
pengumpulan pendapatan collections
• Konfirmasi dan pelaporan • Confirmation and report
• Fund administration yang terdiri dari Fund • Fund administration that consists of Fund
accounting dan Transfer agent untuk produk account and Transfer agent for mutual funds,
reksa dana, kontrak pengelolaan dana, dan discretionary funds, and unit link
unit link.
Pada tanggal 31 Desember 2025 dan 2024, aset As of 31 December 2025 and 2024, customer
milik nasabah yang diadministrasikan oleh Bank owned assets administered by Custodian Bank
Kustodian terdiri dari saham, deposito, surat consist of shares, deposits, government bonds
berharga negara (SBN), dan obligasi korporasi. (SBN), and corporate bonds.
Aset yang diadministrasikan oleh Bank Kustodian Assets administered by Custodian Bank are not
tidak termasuk dalam laporan keuangan included in the consolidated statement of financial
konsolidasian ini. position.
50. INFORMASI KEUANGAN TAMBAHAN 50. SUPPLEMENTARY FINANCIAL INFORMATION
Bank menerbitkan laporan keuangan konsolidasian The Bank issued the consolidated financial
yang merupakan laporan keuangan utama. Informasi statements as its primary financial statements. The
keuangan tambahan PT Bank SMBC Indonesia Tbk supplementary financial information of
(Entitas Induk) ini, dimana investasi pada Entitas PT Bank SMBC Indonesia Tbk (Parent Entity) which
Anak dicatat dengan metode harga perolehan, account for investments in Subsidiaries using the cost
disajikan untuk dapat menganalisis hasil usaha method, have been prepared in order that the parent
entitas induk saja. Informasi keuangan tambahan entity’s results of operations can be analysed. The
PT Bank SMBC Indonesia Tbk (Entitas Induk) following supplementary financial information of
(halaman 244-252) berikut ini harus dibaca PT Bank SMBC Indonesia Tbk (pages 244-252)
bersamaan dengan laporan keuangan konsolidasian should be read in conjunction with the consolidated
PT Bank SMBC Indonesia Tbk dan Entitas Anak. financial statements of PT Bank SMBC Indonesia Tbk
and Subsidiaries.
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 243 679
Page 682
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.1 APPENDIX 1.1
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2025 2024
ASET ASSETS
Kas 611,173) 777,352) Cash
Giro pada Bank Indonesia 7,709,732) 8,774,132) Current accounts with Bank Indonesia
Giro pada bank-bank lain: Current accounts with other banks
- Pihak ketiga 487,040) 187,353) Third parties -
- Pihak berelasi 589,437) 525,792) Related parties -
Dikurangi: Cadangan kerugian penurunan nilai (81) (37) Less: Allowance for impairment losses
1,076,396) 713,108)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank-bank lain 13,392,825) 11,447,705) and other banks
Pendapatan bunga yang masih akan diterima 661) 1,033) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (69) (582) Less: Allowance for impairment losses
13,393,417) 11,448,156)
Efek-efek Securities
- Pihak ketiga 15,795,918) 19,332,166) Third parties -
Pendapatan bunga yang masih akan diterima 113,727) 46,255) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (71) (593) Less: Allowance for impairment losses
15,909,574) 19,377,828)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale
(reverse repo) 1,683,826) 468,188) agreements (reverse repo)
Pendapatan bunga yang masih akan diterima 871) 594) Accrued interest income
1,684,697) 468,782)
Tagihan derivatif Derivative receivables
- Pihak ketiga 710,279) 1,020,268) Third parties -
- Pihak berelasi 247,104) 397,184) Related parties -
957,383) 1,417,452)
Tagihan akseptasi 3,793,458) 3,334,619) Acceptance receivables
Dikurangi: Cadangan kerugian penurunan nilai (1,272) (17,078) Less: Allowance for impairment losses
3,792,186) 3,317,541)
Pinjaman yang diberikan: Loans:
- Pihak ketiga 144,226,759) 139,362,461) Third parties -
- Pihak berelasi 5,648,862) 6,575,590) Related parties -
Pendapatan bunga yang masih akan diterima 782,067) 737,734) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (2,634,057) (2,998,406) Less: Allowance for impairment losses
148,023,631) 143,677,379)
Penyertaan saham Investment in shares
- Pihak ketiga 22) 22) Third parties -
- Pihak berelasi 7,859,205) 7,859,205) Related parties -
7,859,227) 7,859,227)
Beban dibayar dimuka 826,127) 941,323) Prepayments
Klaim pengembalian pajak 346,841) 338,844) Claims for tax refund
Aset pajak tangguhan 146,727) 129,036) Deferred tax assets
Aset tetap 3,900,483) 3,893,607) Fixed assets
Dikurangi: Akumulasi penyusutan (2,329,959) (2,300,746) Less: Accumulated depreciation
1,570,524) 1,592,861)
Aset takberwujud 3,379,047) 3,204,551) Intangible assets
Dikurangi: Akumulasi amortisasi (2,689,470) (2,445,641) Less: Accumulated amortization
689,577) 758,910)
Aset lain-lain 1,128,973) 1,089,955) Other assets
Dikurangi: Cadangan kerugian penurunan nilai (109,689) (138,445) Less: Allowance for impairment losses
1,019,284) 951,510)
JUMLAH ASET 205,616,496) 202,543,441) TOTAL ASSETS
244
680 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 683
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.2 APPENDIX 1.2
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2025 2024
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
Liabilitas segera 68,836) 25,935) Liabilities due immediately
Simpanan nasabah Deposits from customers
- Pihak ketiga 118,479,884) 109,272,202) Third parties -
- Pihak berelasi 1,022,245) 1,150,352) Related parties -
Beban bunga yang masih harus dibayar 213,159) 268,045) Accrued interest expenses
119,715,288) 110,690,599)
Simpanan dari bank-bank lain Deposits from other banks
- Pihak ketiga 841,830) 61,382) Third parties -
- Pihak berelasi 3,644,226) 699,242) Related parties -
Beban bunga yang masih harus dibayar 10,364) -) Accrued interest expenses
4,496,420) 760,624)
Liabilitas derivatif Derivative payables
- Pihak ketiga 811,725) 1,215,917) Third parties -
- Pihak berelasi 83,308) 104,980) Related parties -
895,033) 1,320,897)
Liabilitas akseptasi Acceptance payables
- Pihak ketiga 2,593,524) 2,998,823) Third parties -
- Pihak berelasi 621,016) 163,558) Related parties -
3,214,540) 3,162,381)
Utang pajak: Taxes payable:
- Pajak penghasilan 29,750) 45,090) Income taxes -
- Pajak lain-lain 105,927) 116,776) Other taxes -
135,677) 161,866)
Efek-efek yang diterbitkan: Securities issued:
- Utang obligasi 2,558,152) 1,742,884) Bonds payable -
Beban bunga yang masih harus dibayar 13,749) 9,727) Accrued interest expenses
2,571,901) 1,752,611)
Pinjaman yang diterima Borrowings
- Pihak ketiga 14,005,000) 14,912,100) Third parties -
- Pihak berelasi 12,506,250) 22,452,525) Related parties -
Beban transaksi yang belum diamortisasi (52,997) (67,486) Unamortized transaction costs
Beban bunga yang masih harus dibayar 66,033) 130,684) Accrued interest expenses
26,524,286) 37,427,823)
Akrual 337,797) 431,289) Accruals
Pinjaman subordinasi 3,335,000) 3,219,000) Subordinated loans
Beban bunga yang masih harus dibayar 10,621) 10,069) Accrued interest expenses
3,345,621) 3,229,069)
Liabilitas imbalan kerja karyawan: Employee benefits liabilities:
- Imbalan kerja jangka pendek 351,556) 339,069) Short-term employee benefits -
- Imbalan pascakerja dan imbalan jangka panjang Post-employment and other long-term -
lainnya 124,366) 32,669) employees benefits
475,922) 371,738)
Liabilitas sewa 269,515) 267,999) Lease liabilities
Liabilitas lain-lain 511,584) 725,726) Other liabilities
JUMLAH LIABILITAS 162,562,420) 160,328,557) TOTAL LIABILITIES
245
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 681
Page 684
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.3 APPENDIX 1.3
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2025 2024
EKUITAS SHAREHOLDERS’ EQUITY
Modal saham Share capital
Modal dasar Rp 300.000 Authorised capital of Rp 300,000
terdiri dari: consists of:
15.000.000.000 saham 15,000,000,000 shares
dengan nilai nominal with par value of
Rp 20 (nilai penuh) per saham Rp 20 (full amount) per share
Modal ditempatkan dan disetor penuh sebesar Issued and fully paid-up capital is
10.645.945.748 saham 10,645,945,748 shares
(31 Desember 2024: 10.645.945.748 saham) 212,919) 212,919 (31 December 2024:10,645,945,748 shares)
Tambahan modal disetor 17,565,927) 17,565,927 Additional paid-in capital
Cadangan revaluasi aset tetap 931,378) 931,378 Reserve on revaluation of fixed assets
Cadangan nilai wajar - bersih 44,977) 12,410 Fair value reserve – net
Saldo laba Retained earnings
- Dicadangkan 42,953) 42,953 Appropriated -
- Belum dicadangkan 23,995,121) 23,188,496 Unappropriated -
24,038,074) 23,231,449
Komponen ekuitas lainnya 260,801) 260,801 Other equity components
JUMLAH EKUITAS 43,054,076) 42,214,884 TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS 205,616,496) 202,543,441 TOTAL LIABILITIES AND EQUITY
246
682 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 685
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.1 APPENDIX 2.1
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
PENDAPATAN (BEBAN) BUNGA INTEREST INCOME (EXPENSES)
Pendapatan bunga 13,649,202) 14,248,109) Interest income
Beban bunga (6,674,104) (7,042,645) Interest expense
PENDAPATAN BUNGA BERSIH 6,975,098) 7,205,464) NET INTEREST INCOME
Provisi dan komisi: Fee and commission:
Pendapatan provisi dan komisi 1,210,852) 1,280,342) Fee and commission income
Beban provisi dan komisi (589,101) (667,292) Fee and commission expense
621,751) 613,050)
Pendapatan operasional: Operating income:
Pendapatan operasional lainnya 816,045) 645,413) Other operating income
Keuntungan dari selisih kurs dan transaksi derivatif Net gains on foreign exchange and
bersih 450,325) 550,276) derivative transactions
1,266,370) 1,195,689)
Beban operasional: Operating expenses:
Beban kepegawaian (2,655,196) (2,497,575) Personnel expenses
Beban umum dan administrasi (2,286,117) (2,537,316) General and administrative expenses
Pembentukan cadangan kerugian penurunan nilai (2,056,167) (1,120,670) Allowance for impairment losses
Beban operasional lainnya (137,377) (124,510) Other operating expenses
(7,134,857) (6,280,071)
PENDAPATAN OPERASIONAL BERSIH 1,728,362) 2,734,132) NET OPERATING INCOME
PENDAPATAN (BEBAN) NON-OPERATING
NON-OPERASIONAL INCOME (EXPENSES)
Pendapatan non-operasional 6,987) 8,235) Non-operating income
Beban non-operasional (1,789) (1,586) Non-operating expenses
5,198) 6,649)
LABA SEBELUM PAJAK PENGHASILAN 1,733,560) 2,740,781) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN (275,432) (510,511) INCOME TAX EXPENSE
LABA BERSIH 1,458,128) 2,230,270) NET INCOME
247
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 683
Page 686
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.2 APPENDIX 2.2
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Gain on revaluation of
Keuntungan revaluasi aset tetap -)) -)) fixed assets
Pengukuran kembali liabilitas imbalan kerja Remeasurement of employee
karyawan (113,981)) 16,681)) benefits liabilities
Pajak penghasilan terkait pos-pos yang tidak akan Income tax relating to items
direklasifikasikan ke laba rugi 25,075)) (3,670)) that will not be reclassified to profit or loss
(88,906)) 13,011))
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Keuntungan yang belum direalisasi atas perubahan Unrealized gains on fair value changes of
nilai wajar efek-efek yang diukur pada nilai wajar securities measured at fair value through
melalui penghasilan komprehensif lain 41,752) 12,316) other comprehensive income
Pajak penghasilan terkait pos-pos yang akan Income tax relating to items that will be
direklasifikasi ke laba rugi (9,185) (2,710) reclassified to profit or loss
32,567) 9,606)
PENGHASILAN KOMPREHENSIF LAIN TAHUN OTHER COMPREHENSIVE INCOME
BERJALAN, SETELAH PAJAK PENGHASILAN (56,339) 22,617) FOR THE YEAR, NET OF INCOME TAX
JUMLAH LABA KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE INCOME
BERJALAN, SETELAH PAJAK PENGHASILAN 1,401,789) 2,252,887) FOR THE YEAR, NET OF INCOME TAX
LABA BERSIH PER SAHAM (NILAI PENUH) EARNINGS PER SHARE (FULL AMOUNT)
Dasar 137) 221) Basic
Dilusian 137) 221) Diluted
248
684 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3.1 APPENDIX 3.1
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Modal Saldo laba yang Saldo laba yang
ditempatkan
dan disetor Tambahan Cadangan sudah belum
penuh/ modal revaluasi Cadangan ditentukan ditentukan Komponen
Issued and disetor/ asset tetap/ nilai wajar - penggunaannya/ penggunaanya/ ekuitas
fully Additional Reserve on bersih/ Appropriated Unappropriated lainnya/ Saham tresuri/ Jumlah
paid-up paid in revaluation of Fair value retained retained Other equity Treasury ekuitas/
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
share capital capital fixed assets reserve – net earnings earnings components shares Total equity
Saldo tanggal 1 Januari 2025 212,919) 17,565,927) 931,378) 12,410) 42,953 23,188,496) 260,801 -) 42,214,884) Balance as of 1 January 2025
Laba bersih tahun berjalan -) -) -) -) -) 1,458,128) -) -) 1,458,128) Net income for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan -) -) -) -) -) (113,981) -) -) (113,981) benefit liabilities
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada nilai assets measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain -) -) -) 41,752) -) -) -) -) 41,752) income
Efek pajak terkait -) -) -) (9,185) -) 25,075) -) -) 15,890) Related tax effect
Jumlah laba komprehensif selama tahun Total comprehensive income during
berjalan -) -) -) 32,567) -) 1,369,222) -) -) 1,401,789) the year
Pembayaran dividen -) -) -) -) -) (562,597) -) -) (562,597) Dividend payment
Saldo tanggal 31 Desember 2025 212,919 17,565,927) 931,378) 44,977) 42,953) 23,995,121) 260,801) -) 43,054,076) Balance as of 31 December 2025
249
685
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686
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3.2 APPENDIX 3.2
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Modal Saldo laba yang Saldo laba yang
ditempatkan
dan disetor Tambahan Cadangan sudah belum
penuh/ modal revaluasi Cadangan ditentukan ditentukan Komponen
Issued and disetor/ asset tetap/ nilai wajar - penggunaannya/ penggunaanya/ ekuitas
fully Additional Reserve on bersih/ Appropriated Unappropriated lainnya/ Saham tresuri/ Jumlah
paid-up paid in revaluation of Fair value retained retained Other equity Treasury ekuitas/
share capital capital fixed assets reserve – net earnings earnings components shares Total equity
Saldo tanggal 1 Januari 2024 162,982) 11,167,715) 950,557) 2,804) 32,596 21,408,060) 260,801 (254,695) 33,730,820) Balance as of 1 January 2024
Laba bersih tahun berjalan -) -) -) -) -) 2,230,270) -) -) 2,230,270) Net income for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Penjualan aset tetap -) -) (19,179) -) -) 19,179) -) -) -) Sales of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan -) -) -) -) -) 16,681 -) -) 16,681) benefit liabilities
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada nilai assets measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain -) -) -) 12,316) -) -) -) -) 12,316) income
Efek pajak terkait -) -) -) (2,710) -) (3,670) -) -) (6,380) Related tax effect
Jumlah laba komprehensif selama tahun Total comprehensive income during
berjalan -) -) (19,179) 9,606) -) 2,262,460) -) -) 2,252,887 the year
Addition of appropriated
Penambahan cadangan wajib -) -) -) -) 10,357 (10,357) -) -) -) retained earnings
Pembayaran dividen -) -) -) -) -) (471,667) -) -) (471,667) Dividend payment
Right issue 51,783) 6,651,061) -) -) -) -) -) -) 6,702,844) Right issue
Penarikan saham tresuri (1,846) (252,849) -) -) -) -) -) 254,695) -) Withdrawal of treasury shares
Saldo tanggal 31 Desember 2024 212,919) 17,565,927) 931,378) 12,410) 42,953 23,188,496) 260,801 - 42,214,884) Balance as of 31 December 2024
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
250
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.1 APPENDIX 4.1
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan pendapatan bunga 13,537,492) 14,548,366) Receipts from interest
Pembayaran beban bunga (9,072,755) (7,420,099) Payments of interest expense
Penerimaan pendapatan operasional lainnya 1,963,166) 2,185,454) Receipts from other operating income
Penerimaan kembali kredit yang telah
dihapusbukukan 265,861) 35,464) Recovery from written-off loans
Pembayaran beban kepegawaian (3,254,094) (3,228,451) Payments of personnel expenses
Pembayaran beban operasional lainnya (3,860,992) (4,336,016) Payments of other operating expenses
Penerimaan lain-lain 14,703) 37,366) Other receipts
Pembayaran pajak penghasilan badan (312,781) (542,340) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset dan Cash flows before changes in operating
liabilitas operasi (719,400) 1,279,744) assets and liabilities
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Pinjaman yang diberikan (6,492,179) (2,278,031) Loans
Tagihan akseptasi 460,069) (44,862) Acceptance receivables
Tagihan derivatif (458,839) (284,303) Derivative receivables
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera 42,901) (16,326) Obligation due immediately
Simpanan nasabah 9,079,575) 14,366,795) Deposits from customers
Simpanan dari bank-bank lain 3,725,432) (10,057,820) Deposits from other banks
Liabilitas derivatif (425,864) 248,793) Derivative payables
Liabilitas akseptasi 52,159) 838,748) Acceptance payables
Net cash flows provided from
Arus kas diperoleh dari aktivitas operasi 5,263,854) 4,052,738) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Pembelian efek-efek (18,569,090) (20,365,414) Purchase of securities
Penjualan efek-efek 22,034,715) 11,672,559) Proceeds from sale of securities
Perolehan aset tetap (141,173) (107,397) Acquisition of fixed assets
Perolehan aset hak guna -) (18,040) Acquisition of right-of-use assets
Perolehan aset takberwujud (191,068) (196,129) Acquisition of intangible assets
Hasil dari penjualan aset tetap 1,247) 29,160) Proceeds from sale of fixed assets
Penerimaan dividen 484,545) 422,706) Dividend received
Akuisisi Entitas Anak -) (6,550,743) Acquisition of Subsidiaries
Arus kas bersih diperoleh dari (digunakan untuk) Net cash flows provided from (used in)
aktivitas investasi 3,619,176) (15,113,298) investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Pelunasan atas efek yang diterbitkan -) (201,000) Settlement of securities issued
Penerimaan dari surat berharga yang diterbitkan 816,050) 1,751,475) Proceeds form issuance of securities issued
Pembayaran biaya emisi atas surat berharga yang Payment of emission cost of securities
diterbitkan (3,066) (9,080) issued
Penerimaan dari pinjaman yang diterima 5,816,250) 11,793,287) Proceeds from borrowings
Pembayaran angsuran dan pelunasan pinjaman yang Installment payments and settlement
diterima (14,358,800) (5,254,370) of borrowings
Pembayaran dividen (562,574) (471,642) Dividend paid
Pembayaran pokok liabilitas sewa (77,217) (74,885) Payments of lease liabilities principals
Biaya emisi right issue -) (28,898) Rights issue emission fee
Hasil Right Issue -) 6,731,742) Proceeds from Right Issue
Arus kas bersih (digunakan untuk) diperoleh dari Net cash flows (used in) provided from
aktivitas pendanaan (8,369,357) 14,236,629) financing activities
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
251
687
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.1 APPENDIX 4.1
PT BANK SMBC INDONESIA Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2025 DAN 2024 YEARS ENDED 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2025 2024
NET INCREASE IN CASH AND CASH
KENAIKAN BERSIH KAS DAN SETARA KAS 513,673) 3,176,069) EQUIVALENTS
DAMPAK PERUBAHAN SELISIH KURS TERHADAP EFFECT OF EXCHANGE RATE CHANGES ON
KAS DAN SETARA KAS (4,976) 5,178) CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT THE
SALDO KAS DAN SETARA KAS AWAL TAHUN 22,396,905) 19,215,658) BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT THE
SALDO KAS DAN SETARA KAS AKHIR TAHUN 22,905,602) 22,396,905) END OF YEAR
Cash and cash equivalents
Kas dan setara kas akhir tahun terdiri dari: at end of the year consists of:
Kas 611,173) 777,352) Cash
Giro pada Bank Indonesia 7,709,732) 8,774,132) Current accounts with Bank Indonesia
Giro pada bank-bank lain 1,076,477) 713,145) Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 13,392,825) 11,447,705) other banks
Efek-efek 115,395) 684,571) Securities
22,905,602) 22,396,905)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS: INFORMATION:
AKTIVITAS YANG TIDAK MEMPENGARUHI ACTIVITIES NOT AFFECTING
ARUS KAS CASH FLOWS
Pembelian aset tetap yang masih terhutang (410) (371) Acquisition of fixed assets still unpaid
688 252
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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SEOJK Reference
SEOJK No. 16/SEOJK.04/2021: Annual
Report of Issuer or Public Company
Description Page
I. General Provision
1. In this Financial Services Authority Circular Letter what is meant by: √
a. The Annual Report is a report on the Board of Directors and Board of Commissioners accountability in √
managing and supervising issuers or public companies within a period of 1 (one) fiscal year to the general
meeting of shareholders prepared based on the provisions of the Financial Services Authority Regulation
concerning the Annual Report of issuers or public companies
b. Issuers are parties who make public offerings √
c. A Public Company is a company whose shares are owned by at least 300 (three hundred) shareholders and √
has a paid-up capital of at least Rp3,000,000,000.00 (three billion rupiah) or a number of shareholders and
paid-up capital as determined by the Financial Services Authority
d. A Public Company is an Issuer that has made a public offering of equity securities or a Publically- listed √
Company
e. A Sustainability Report is a report published to the public that contains the economic, financial, social, √
and environmental performance of a financial service institution, Issuer, and Public Company in running a
sustainable business
f Board of Directors: √
1) For an Issuer or a Public Company in the form of a limited liability company, it is the Board of Directors √
as referred to in the Financial Services Authority Regulation concerning the Board of Directors and
Board of Commissioners of an Issuer or Public Company; and
2) For an Issuer or a Public Company in the form of a legal entity other than a limited liability company, √
it is the body that carries out the management of the legal entity as referred to in the laws and
regulations concerning the legal entity.
g. Board of Commissioners: √
1) For an Issuer or a Public Company in the form of a limited liability company, the Board of √
Commissioners as referred to in the Financial Services Authority Regulation concerning the Board of
Directors and Board of Commissioners of an Issuer or Public Company; and
2) For the Issuer or Public Company in the form of a legal entity other than a limited liability company, it √
is the body that supervises the legal entity as referred to in the laws and regulations concerning the
legal entity.
h. General Meeting of Shareholders hereinafter abbreviated as GMS: √
1) For an Issuer or a Public Company in the form of a limited liability company, it is the GMS as referred to √
in the Financial Services Authority Regulation concerning the Planning and Organizing of the General
Meeting of Shareholders of a Public Company; and
2) For an Issuer or Public Company in the form of a legal entity other than a limited liability company, √
it is the body that has authority that is not given to any other body that carries out management
and supervisory functions, within the limits specified in the legislation and/or articles of association
governing the legal entity.
2. The Annual Report of Issuers or Public Companies is an important source of information for investors or √
shareholders as one of the basic considerations in making investment decisions and a means of supervision of
Issuers or Public Companies.
3. Along with the development of the capital market and the increasing need for information disclosure by investors √
or shareholders, the Board of Directors and the Board of Commissioners are required to present quality, accurate,
and accountable information through the Annual Reports of Issuers or Public Companies.
4. Annual Reports that are prepared regularly and informatively can provide convenience for investors or √
shareholders and stakeholders in obtaining the required information.
5 This Financial Services Authority Circular is a guideline for Issuers or Public Companies that must be applied in √
preparing Annual Reports and Sustainability Reports.
700 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 703
Description Page
II. Format of Annual Report
1. Annual Report should be presented in the printed format and in electronic document copy.. √
2. The printed version of the Annual Report should be printed on light-colored paper of fine quality, in A4 size, bound √
and can be reproduced in good quality.
3. The Annual Report may present information in the form of pictures, graphs, tables, and/or diagrams by including √
clear titles and/or descriptions, so that they are easy to read and understand.
4. The Annual Report presented in electronic document format is the Annual Report converted into pdf format. √
III. Content Of Annual Report
1. Annual Report should contain at least the following information:
a. Summary of key financial information; √
b. Stock information (if any); √
c. The Board of Directors report; √
d. The Board of Commissioners report; √
e. Profile of Issuer or Public Company; √
f. Management discussion and analysis; √
g. Corporate governance applied by the Issuer or Public Company; √
h. Corporate social and environmental responsibility of the Issuer or Public Company; √
i. Audited annual report; and √
j. Statement that the Board of Directors and the Board of Commissioners are fully responsible for the Annual √
Report;
2. Description of Content of Annual Report
a. Summary of Key Financial Information
Summary of Key Financial Information contains financial information presented in comparison with previous 12
3 (three) fiscal years or since commencement of business if the Issuers or the Public Company commencing
the business less than 3 (three) years, at least contain:
1) income/sales; 12
2) gross profit; 12
3) profit (loss); 12
4) total profit (loss) attributable to equity holders of the parent entity and non-controlling interest; 12
5) total comprehensive profit (loss); 12
6) total comprehensive profit (loss) attributable to equity holders of the parent entity and non controlling 12
interest;
7) earning (loss) per share; 12
8) total assets; 12
9) total liabilities; 12
10) total equities; 12
11) profit (loss) to total assets ratio; 13
12) profit (loss) to equities ratio; 13
13) profit (loss) to income ratio; 13
14) current ratio; 13
15) liabilities to equities ratio; 13
16) liabilities to total assets ratio; and 13
17) other information and financial ratios relevant to the Issuer or Public Company and type of industry; 13
b. Stock Information
Stock Information (if any) at least contains: 16
1) shares issued for each three-month period in the last 2 (two) fiscal years (if any), at least covering: 16
a) number of outstanding shares; 16
b) market capitalization based on the price at the Stock Exchange where the shares listed on; 16
c) highest share price, lowest share price, closing share price at the Stock Exchange where the 16
shares listed on; and
d) share volume at the Stock Exchange where the shares listed on; 16
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Information in point a) should be disclosed by the Issuer, the public company whose shares is listed or 16
not listed in the Stock Exchange;
Information in point b), point c), and point d) only be disclosed if the Issuer is a public company whose 16
shares is listed in the Stock Exchange;
2) in the event of corporate actions, including stock split, reverse stock, dividend, bonus share, and 17
change in par value of shares, then the share price referred to in point 1), should be added with
explanation on:
a) date of corporate action; -
b) stock split ratio, reverse stock, dividend, bonus shares, and change in par value of shares; -
c) number of outstanding shares prior to and after corporate action; and -
d) The number of convertible securities exercised (if any); and -
e) share price prior to and after corporate action; -
3) in the event that the company’s shares were suspended and/or delisted from trading during the year 17
under review, then the Issuers or Public Company should provide explanation on the reason for the
suspension and/or delisting; and
4) in the event that the suspension and/or delisting as referred to in point 3) was still in effect until the -
date of the Annual Report, then the Issuer or the Public Company should also explain the corporate
actions taken by the company in resolving the suspension and/or delisting;
c. The Board of Directors Report
The Board of Directors Report should at least contain the following items: 44
1) the performance of the Issuer or Public Company, at least covering: 46
a) strategy and strategic policies of the Issuer or Public Company; 47
b) Role of the Board of Directors in formulating strategies and strategic policies of Issuers or Public 47-48
Companies;
c) Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or 47-48
Public Company’s strategy;
d) comparison between achievement of results and targets; and 48
e) challenges faced by the Issuer or Public Company; 46
2) description on business prospects; 49-50
3) implementation of good corporate governance by Issuer or Public Company; and 50
4) changes in the composition of the Board of Directors and the reason behind (if any); 53;94
d. The Board of Commissioners Report
The Board of Commissioners Report should at least contain the following items: 36
1) Assessment on the performance of the Board of Directors in managing the Issuer or the Public 38
Company;
2) Supervision on the implementation of the strategy of the Issuer or Public Company; 38-39
3) View on the business prospects of the Issuer or Public Company as established by the Board of 39
Directors;
4) View on the implementation of the corporate governance by the Issuer or Public Company; 39-41
5) Changes in the composition of the Board of Commissioners and the reason behind (if any); and 41;94
e. Profile of the Issuer or Public Company
Profile of the Issuer or Public Company should cover at least: 66
1) Name of Issuer or Public Company, including change of name, reason of change, and the effective 66; 67
date of the change of name during the year under review;
2) access to Issuer or Public Company, including branch office or representative office, where public can 66
have access of information of the Issuer or Public Company, which include:
a) Address; 66
b) Telephone number; 66
c) Facsimile number; 66
d) E-mail address; and 66
e) Website address; 66
3) Brief history of the Issuer or Public Company; 67
4) Vision and mission of the Issuer or Public Company; 74-75
5) Line of business according to the latest Articles of Association, and types of products and/or services 72-73
produced
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6) Operational area of the Issuer or Public Company 106-108
7) Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level below the 76-79
Board of Directors, with the names and titles;
8) List of industry association memberships both on a national and international scale related to the 109
implementation of sustainable finance;
9) The Board of Directors profiles include:
a) Name and short description of duties and functions; 86-93
b) Latest photograph; 86-93
c) Age; 86-93
d) Citizenship; 86-93
e) Education; 86-93
f) history position, covering information on:
(1) Legal basis for appointment as member of the Board of Directors to the said Issuer or Public 86-93
Company;
(2) Dual position, as member of the Board of Directors, member of the Board of Commissioners, 86-93
and/or member of committee, and other position (if any); and
(3) Working experience and period in and outside the Issuer or Public Company; 86-93
g) Affiliation with other members of the Board of Directors, members of the Board of Commissioners, 86-93
majority and controlling shareholders, either directly or indirectly to individual owners, including
names of affiliated parties. In the event that a member of the Board of Directors has no affiliation,
the Issuer or Public Company shall disclose this matter; and
h) Changes in the composition of the members of the Board of Directors and the reasons for the 94
changes. In the event that there is no change in the composition of the members of the Board of
Directors, this matter shall be disclosed;
10) The Board of Commissioners profiles, at least include: 80-85
a) Name; 80-85
b) Latest photograph; 80-85
c) Age; 80-85
d) Citizenship; 80-85
e) Education; 80-85
f) History position, covering information on:
(1) Legal basis for the appointment as member of the Board of Commissioners who is not 80-85
Independent Commissioner at the said Issuer or Public Company;
(2) Legal bases for the first appointment as member of the Board of Commissioners who also 80-85
Independent Commissioner at the said Issuer or Public Company;
(3) Dual position; as member of the Board of Commissioners, member of the Board of Directors, 80-85
and/or member of committee and other position (if any); and
(4) Working experience and period in and outside the Issuer or Public Company; 80-85
g) Affiliation with other members of the Board of Commissioners, major shareholders, and controllers 80-85
either directly or indirectly to individual owners, including names of affiliated parties; In the event
that a member of the Board of Commissioners has no affiliation, the Issuer or Public Company
shall disclose this matter;
h) Statement of independence of Independent Commissioner in the event that the Independent 297; 303
Commissioner has been appointed more than 2 (two) periods (if any);
i) Changes in the composition of the members of the Board of Commissioners and the reasons for 94
the changes. In the event that there is no change in the composition of the members of the Board
of Commissioners, this matter shall be disclosed;
11) In the event that there were changes in the composition of the Board of Commissioners and/or the 94
Board of Directors occurring between the period after year-end until the date the Annual Report
submitted, then the last and the previous composition of the Board of Commissioners and/or the
Board of Directors shall be stated in the Annual Report;
12) Number of employees by gender, position, age, education level, and employment status (permanent/ 98-99
contracted) in the fiscal year; Disclosure of information can be presented in tabular form.
13) Names of shareholders and ownership percentage at the end of the fiscal year, including: 100
a) Shareholders having 5% (five percent) or more shares of Issuer or Public Company; 103
b) Commissioners and Directors who own shares of the Issuers or Public Company; and
c) Groups of public shareholders, or groups of shareholders, each with less than 5% (five percent) 103
ownership shares of the Issuers or Public Company;
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14) The percentage of indirect ownership of the shares of the Issuer or Public Company by members 104
of the Board of Directors and members of the Board of Commissioners at the beginning and end of
the fiscal year, including information on shareholders registered in the shareholder register for the
benefit of indirect ownership of members of the Board of Directors and members of the Board of
Commissioners;
15) Number of shareholders and ownership percentage at the end of the fiscal year, based on: 104
a) Ownership of local institutions; 104
b) Ownership of foreign institutions; 104
c) Ownership of local individual; and 104
d) Ownership of foreign individual; 104
16) Information on major shareholders and controlling shareholders the Issuers of Public Company, 100-102
directly or indirectly, and also individual shareholder, presented in the form of scheme or diagram;
17) Name of subsidiaries, associated companies, joint venture controlled by Issuers or Public Company, 105-
with entity, percentage of stock ownership, line of business, total assets and operating status of the
Issuers of Public Company (if any);
For subsidiaries, include the addresses of the said subsidiaries;
18) Chronology of share listing, number of shares, par value, and bid price from the beginning of listing up 109
to the end of the financial year, and name of Stock Exchange where the Issuers of Public Company
shares are listed;
19) Other securities listing information other than the securities as referred to in number 18), which have 18-21; 110
not yet matured in the fiscal year, at least contain the name of the securities, year of issue, interest
rate/yield, maturity date, offering value, and securities rating (if any);
20) Information on the use of a Public Accountant (AP) and a Public Accounting firm (KAP) services and 110
their networks/associations/alliances include:
a) name and address; 110
b) period of assignment; 110
c) informasi jasa audit dan/atau non audit yang diberikan; 110
d) Audit and/or non-audit fees for each assignment given during the fiscal year; and 110
e) In the event that AP and KAP and their network/association/alliance, which are appointed do not 110
provide non-audit services, then the information is disclosed; and
21) Name and address of capital market supporting institutions and/or professionals other than AP and 111
KAP
f. Management Discussion and Analysis
Management Analysis and Discussion Annual should contain discussion and analysis on financial statements 116
and other material information emphasizing material changes that occurred during the year under review, at
least including:
1) Operational review per business segment, according to the type of industry of the Issuer or Public 120-135
Company including:
a) Production, including process, capacity, and growth; 120-135
b) Income/sales; and 120-135
c) Profitability; 136
2) comprehensive financial performance analysis which includes a comparison between the financial 138
performance of the last 2 (two) fiscal years, and explanation on the causes and effects of such
changes, among others concerning:
a) Current assets, non-current assets, and total assets; 139-141
b) Short term liabilities, long term liabilities, total liabilities; 141-142
c) Equities; 142
d) Sales/operating revenues, expenses and profit (loss), other comprehensive revenues, and total 143
comprehensive profit (loss); and
e) Cash flows 143-144
3) The capacity to pay debts by including the computation of relevant ratios; 144
4) Accounts receivable collectability of the Issuer or Public Company, including the computation of the 144
relevant ratios;
5) Capital structure and management policies concerning capital structure, including the basis for 145-146
determining the said policy;
6) discussion on material ties for the investment of capital goods, including the explanation on at least: 146
a) The purpose of such ties; -
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b) Source of funds expected to fulfill the said ties; -
c) Currency of denomination; and -
d) Steps taken by the Issuer of Public Company to protect the position of a related foreign currency -
against risks;
7) Discussion on investment of capital goods which was realized in the last fiscal year, at least include: 146
a) Type of investment of capital goods; 146
b) Objective of the investment of capital goods; and 146
c) Value of the investment of capital goods; 146
8) Material Information and facts that occurring after the date of the accountant’s report (if any); 146
9) Information on the prospects of the Issuer or the Company in connection with industry,economy in 147
general, accompanied with supporting quantitative data if there is a reliable data source;
10) Comparison between target/projection at beginning of year and result (realization), concerning: 147
a) Income/sales; 147
b) Profit (loss); 147
c) Capital structure; or 147
d) Dividend policy; or 147
e) Others that deemed necessary for the Issuer or Public Company; 147
11) Target/projection at most for the next one year of the Issuer or Public Company, concerning: 147
a) Income/sales; 147
b) Profit (loss); 147
c) Capital structure; or 147
d) Dividend policy; 147
e) Or others that deemed necessary for the Issuer or Public Company; 147
12) Marketing aspects of the company’s products and/or services the Issuer or Public Company, among 154-157
others marketing strategy and market share;
13) Description regarding the dividend policy during the last 2 (two) fiscal years, at least: 147
a) Dividend policy; 147-148
b) The date of the payment of cash dividend and/or date of distribution of non-cash dividend; 148
c) Amount of cash per share (cash and/or non cash); and 148
d) Amount of dividend per year paid; 148
Disclosure of information can be presented in tabular form. In the event that the Issuer or Public 148
Company does not distribute dividends in the last 2 (two) years, this matter shall be disclosed.
14) Use of proceeds from Public Offerings, under the condition of: 148-149
a) during the year under review, on which the Issuer has the obligation to report the realization of the 148-149
use of proceeds, then the realization of the cumulative use of proceeds until the year end should
be disclosed; and
b) In the event that there were changes in the use of proceeds as stipulated in the Regulation of the -
Financial Services Authority on the Report of the Utilization of Proceeds from Public Offering, then
Issuer should explain the said changes;
15) Material information (if any), among others concerning investment, expansion, divestment, acquisition, 149
debt/capital restructuring, transactions with related parties and transactions with conflict of interest
that occurred during the year under review, among others include:
a) Transaction date, value, and object; 149
b) Name of transacting parties; 150
c) Nature of related parties (if any); 150
d) Description of the fairness of the transaction; and 151
e) Compliance with related rules and regulations; 151
f) In the event that there is an affiliation relationship, apart from disclosing the information as 151
referred to in letter a) to letter e), the Issuer or Public Company also discloses information:
1) A statement from the Board of Directors that the affiliate transaction has gone through 151
adequate procedures to ensure that the affiliate transaction is carried out in accordance with
generally accepted business practices, by complying with the arms-length principle; and
2) The role of the Board of Commissioners and the audit committee in carrying out adequate 151
procedures to ensure that affiliated transactions are carried out in accordance with generally
accepted business practices, by complying with the arms-length principle;
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g) For affiliated transactions or material transactions which are business activities carried out to 151
generate business income and are carried out regularly, repeatedly, and/or continuously, an
explanation is added that the affiliated transactions or material transactions are business activities
carried out to generate operating income. and run regularly, repeatedly, and/or continuously;
h) For disclosure of affiliated transactions and/or conflict of interest transactions resulting from the -
implementation of affiliated transactions and/or conflict of interest transactions that have been
approved by independent shareholders, additional information regarding the date of the GMS
which approved the affiliated transactions and/or conflict of interest transactions is added;
i) In the event that there is no affiliated transaction and/or conflict of interest transaction, then this -
shall be disclosed;
16) Changes in regulation which have a significant effect on the Issuer or Public Company and impacts on 152
the company (if any); and
17) Changes in the accounting policy, rationale and impact on the financial statement (if any); 153
g. Corporate Governance of the Issuer or Public Company
Corporate Governance of the Issuer or Public Company contains at least: 270
1) GMS, at least contains: 286
a) Information regarding the resolutions of the GMS in the fiscal year and 1 (one) year prior to the 286-388
fiscal year include:
1) Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year realized in the 288-298
fiscal year; and
2) Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year that have not 292-295
been realized and the reasons for not realizing them;
b) In the event that the Issuer or Public Company uses an independent party in the conduct of the 287
GMS to calculate the votes, then this matter shall be disclosed;
2) The Board of Directors, covering: 306
a) The tasks and responsibilities of each member of the Board of Directors;
b) Statement that the Board of Directors has already have board manual or charter; 307
c) Policies and implementation of the frequency of meetings of the Board of Directors, meetings of 315-316
the Board of Directors with the Board of Commissioners, and the level of attendance of members
of the Board of Directors in the meeting including attendance at the GMS;
d) Training and/or competency development of members of the Board of Directors: 312
(1) Policies for training and/or improving the competence of members of the Board of Directors, 312;308
including an orientation program for newly appointed members of the Board of Directors (if
any); and
(2) Training and/or competency improvement attended by members of the Board of Directors in 313-314
the fiscal year (if any);
e) The Board of Directors’ assessment of the performance of the committees that support the 314
implementation of the Board of Directors’ duties for the fiscal year shall at least contain:
(1) Performance appraisal procedures; and 314
(2) The criteria used are performance achievements during the fiscal year, are competence and 314
attendance at meetings; and
f) 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 matter shall be disclosed.
3) The Board of Commissioners, among others include: 297
a) Duties and responsibilities of the Board of Commissioners; 299-302
b) Statement that the Board of Commissioner has already have the board manual or charter; 298
c) Policies and implementation of the frequency of meetings of the Board of Commissioners, 315-316
meetings of the Board of Commissioners with the Board of Directors and the level of attendance
of members of the Board of Commissioners in these meetings including attendance at the GMS;
d) Training and/or competency improvement of members of the Board of Commissioners: 304
(1) Policy on competency training and/or development of members of the Board of 304;298
Commissioners, including orientation programs for newly appointed members of the Board of
Commissioners (if any); and
(2) Competency training and/or development attended by members of the Board of 304-305
Commissioners in the fiscal year (if any);
e) The assessment on the performance of the Board of Directors and Board of Commissioners and 325
the implementation, at least covering:
(1) procedure for the implementation of performance assessment; 325
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(2) Criteria used are performance achievements during the fiscal year, competency and 325
attendance at meetings; and
(3) Assessor; 325
f) Board of Commissioners’ assessment of the performance of the Committees that support the 302
implementation of the duties of the Board of Commissioners in the fiscal year includes:
(1) Performance appraisal procedures; and 302
(2) The criteria used are performance achievements during the fiscal year, competency and 302-303
attendance at meetings;
4) The nomination and remuneration of the Board of Directors and the Board of Commissioners shall at 324
least contain:
a) Nomination procedure, including a brief description of the policies and process for nomination of 324-325
members of the Board of Directors and/or members of the Board of Commissioners; and
b) Procedures and implementation of remuneration for the Board of Directors and the Board of 326
Commissioners, among others:
(1) Procedures for determining remuneration for the Board of Directors and the Board of 326
Commissioners;
(2) The remuneration structure of the Board of Directors and the Board of Commissioners such 326
as salary, allowances, tantiem/bonus and others; and
(3) The amount of remuneration for each member of the Board of Directors and member of the 327-328
Board of Commissioners
5) Sharia Supervisory Board, for Issuer or Public Company that conduct business based on sharia law, as -
stipulated in the articles of association, at least containing:
a) name; -
b) Legal basis for the appointment of the sharia supervisory board; -
c) Period of assignment of the sharia supervisory board; -
d) duty and responsibility of Sharia Supervisory Board; and -
e) frequency and procedure in providing advice and suggestion, as well as the compliance of Sharia -
Principles by the Issuer or Public Company in the Capital Market;
6) Audit Committee, among others covering: 329
a) Name and position in the committee; 330-332
b) Age; 330-332
c) Citizenship; 330-332
d) Education background; 330-332
e) History of position; including:
(1) Legal basis for appointment as committee member; 330-332
(2) Dual position, as member of Board of Commissioners, member of Board of Directors, and/or 330-332
member of committee, and other position (if any); and
(3) working experience and period in and outside the Issuer or Public Company; 330-332
f) Period and terms of office of the member of Audit Committee; 330
g) statement of independence of the Audit Committee; 330
h) Training and/or competency improvement that have been followed in the fiscal year (if any); 334
i) Policies and implementation of the frequency of audit committee meetings and the level of 333
attendance of audit committee members in those meetings; and
j) the activities of the Audit Committee in the year under review, in accordance with the Audit 333-334
Committee Charter;
7) The nomination and remuneration committee or function of the Issuer or Public Company, at least 335
containing:
a) Name and position in committee membership; 336-337
b) Age; 336-337
c) Nationality; 336-337
d) Educational history; 336-337
e) Position history, including information on: 336-337
(1) Legal basis for appointment as committee member; 336-337
(2) Concurrent positions, either as a member of the Board of Commissioners, member of the 336-337
Board of Directors, and/or committee member and other positions (if any); and
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(3) Work experience and period of time both inside and outside the Issuer or Public Company; 336-337
f) Period and term of office of the committee members; 336
g) Statement of committee independence; 336
h) Training and/or competency improvement that have been followed in the fiscal year (if any); 338-339
i) Description of duties and responsibilities; 335-336
j) A statement that it has a guideline or charter; 335
k) Policies and implementation of the frequency of meetings and the level of attendance of 338
members at the meeting;
l) Brief description of the implementation of activities in the fiscal year; and 338
m) In the event that no nomination and remuneration committee is formed, the Issuer or Public -
Company is sufficient to disclose the information as referred to in letter i) to letter l) and disclose:
(1) Reasons for not forming the committee; and -
(2) The party carrying out the nomination and remuneration function; -
8) Other committees owned by Issuers or Public Companies in order to support the functions and tasks 339;345-378
of the Board of Directors (if any) and / or committees that support the functions and duties of the
Board of Commissioners, the least contains:
a) Name and position in the Committee; 340-343;
345-378
b) Age; 340-343;
345-378
c) Citizenship; 340-343;
345-378
d) Education background; 340-343;
345-378
e) History of position, including:
(1) Legal basis for the appointment as member of the committee; 340-343;
345-378
(2) Dual position, as member of Board of Commissioners, member of Board of Directors, and/or 340-343;
member of committee, and other position (if any); and 345-378
(3) Working experience and period in and outside the Issuer or Public Company; 340-343;
345-378
f) Period and terms of office of the member of Audit Committee; 340;345-378
g) Statement of committee independence; 339-340;
345-378
h) Training and/or competency improvement that have been followed in the fiscal year (if any); and 344-345;
345-378
i) Description of duties and responsibilities; 339;345-378
j) A statement that the committee has had guidelines or charters; 339;345-378
k) Policies and implementation of the frequency of committee meetings and the level of attendance 343-344;
of committee members at the meeting; and 345-378
l) A brief description of the committee’s activities for the fiscal year; 344;345-378
9) Corporate Secretary, including: 379
a) name; 379
b) domicile; 379
c) history of position, including:
(1) legal basis for the appointment as Corporate Secretary; and 379
(2) working experience and period in and outside the Issuer or Public Company; 379
d) education background; 379
e) education and/or training during the year under review; and 383
f) brief description on the implementation of duties of the Corporate Secretary in the year under 380-383
review;
10) Internal Audit Unit, among others including: 398
a) Name of Head of Internal Audit Unit; 398-399
b) History of position, including:
(1) Legal basis for the appointment as Head of Internal Audit Unit; and 398-399
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(2) Working experience and period in and outside the Issuer or Public Company; 398-399
c) Qualification or certification as internal auditor (if any); 401
d) Education and/or training during the year under review; 402
e) Structure and position of Internal Audit Unit; 399
f) Description of duties and responsibilities; 400
g) Statement that the Internal Audit Unit has already have Internal Audit Unit charter; and 400
h) Brief description on the implementation of duty of Internal Audit Unit during the year under 401
review;
11) Description on internal control system adopted by the Issuer or Public Company, at least covering: 403
a) Financial and operational control, and compliance to the other prevailing rules; and 403
b) Review on the effectiveness of internal control systems; 333;403
c) Statement of the Board of Directors and/or Board of Commissioners on the adequacy of the 403
internal control system;
12) Risk management system implemented by the company, at least includes: 160
a) General description about the company’s risk management system the Issuer or Public Company; 161-167
b) Types of risk and the management; and 168-250
c) Review the effectiveness of the risk management system applied by the Issuer or Public 168
Company;
d) Statement of the Board of Directors and/or the Board of Commissioners or the audit committee 169
on the adequacy of the risk management system;
13) Legal cases that have a material impact faced by Issuers or Public Companies, subsidiaries, members 405
of the Board of Directors and members of the Board of Commissioners (if any), at least contain:
a) Substance of the case/claim; 405
b) Status of settlement of case/claim; and 405
c) Potential impacts on the condition of the Issuer or Public Company; 405
14) information about administrative sanctions imposed to Issuer or Public Company, members of 405
the Board of Commissioners and the Board of Directors, by the Capital Market Authority and other
authorities during the last fiscal year (if any);
15) information about codes of conduct of the Issuer or Public Company, includes: 406
a) Key points of the code of conduct; 406
b) Socialization of the code of conduct and enforcement; and 407
c) Statement that the code of conduct is applicable for the Board of Commissioners, the Board of 407
Directors, and employees of the Issuer of Public Company;
16) A brief description of the policy of providing long-term performance-based compensation to 148
management and/or employees owned by the Issuer or Public Company (if any), including the
management stock ownership program (MSOP) and/or program employee stock ownership (ESOP);
a) Number of shares and/or options; 148
b) Implementation period; 148
c) Requirements for eligible employees and/or management; and 148
d) Exercise price or determination of exercise price; 148
17) A brief description of the information disclosure policy regarding: 322
a) Share ownership of members of the Board of Directors and members of the Board of 322-323
Commissioners no later than 3 (three) working days after the occurrence of ownership or any
change in ownership of shares of a Public Company; and
b) Implementation of the policy; 322-323
18) Description of whistleblowing system at the Issuer or Public Company (if any), among others include: 409
a) Mechanism for violation reporting; 409
b) Protection for the whistleblower; 409
c) Handling of violation reports; 409
d) Unit responsible for handling of violation report; and 409
e) Results from violation report handling, at least includes:
(1) Number of complaints received and processed during the fiscal year; and 409
(2) Follow up of complaints; 409
19) A description of the anti-corruption policy of the Issuer or Public Company, at least containing: 410
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a) Programs and procedures implemented in overcoming corrupt practices, kickbacks, fraud, bribery 410
and/or gratification in Issuers or Public Companies; and
b) Anti-corruption training/socialization to employees of Issuers or Public Companies; 410
20) Implementation of the Guidelines of Corporate Governance for Public Companies for Issuer issuing 283
Equity-based Securities or Public Company, including:
a) statement regarding recommendation that have been implemented; and/or 283-285
b) description of recommendation that have not been implemented, along with the reason and 283-285
alternatives of implementation (if any);
h. Social and Environmental Responsibility of the Issuer or Public Company 415
1) The information disclosed in the social and environmental responsibility section is a Sustainability 415-423; buku
Report as referred to in the Financial Services Authority Regulation Number 51/POJK.03/2017 terpisah
concerning the Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and
Public Companies, at at least includes:
a) Explanation of the sustainability strategy; -
b) Overview of sustainability aspects (economic, social, and environmental); -
c) Brief profile of the Issuer or Public Company; -
d) Explanation of the Board of Directors; -
e) Sustainability governance; -
f) Sustainability performance; -
g) Written verification from an independent party, if any; -
h) Feedback sheet for readers, if any; and -
i) The response of the Issuer or Public Company to the previous year’s report feedback; -
2) The Sustainability Report as referred to in number 1) must be prepared in accordance with the -
Technical Guidelines for the Preparation of a Sustainability Report for Issuers and Public Companies as
contained in Appendix II which is an integral part of this Financial Services Authority Circular Letter;
3) Information on the Sustainability Report 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 section
related to the Directors’ Report; and/or
b) Refers to other sections outside the Social and Environmental Responsibility section by still -
referring to the Technical Guidelines for the Preparation of Sustainability Reports for Issuers
and Public Companies as listed in Appendix II which is an integral part of this Financial Services
Authority Circular Letter, such as the profile of the 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 the information as referred to in number 1); and -
b) Prepared in accordance with the Technical Guidelines for the Preparation of a Sustainability Report -
for Issuers and Public Companies as listed in Appendix II which is an integral part of this Financial
Services Authority Circular Letter;
6) In the event that the Sustainability Report is presented separately from the Annual Report, then the -
Social and Environmental Responsibility section contains information that information on Social and
Environmental Responsibility has been disclosed in the Sustainability Report which is presented
separately from the Annual Report; and
7) Submission of the Sustainability Report which is presented separately from the Annual Report must be -
submitted together with the Annual Report.
i Audited Annual Financial Statement 433
Financial Statements included in Annual Report should be prepared in accordance with the Financial 433
Accounting Standards in Indonesia and audited by an Accountant. The said financial statement should be
included with statement of responsibility for financial report as stipulated in the legislations in the Capital
Markets sector governing the responsibility of the Board of Directors on the financial report or the legislations
in the Capital Markets sector governing the periodic reports of securities company in the event the Issuer is a
Securities Company; and
j Letter of Statement of the Board of Directors and the Board of Commissioners regarding the Responsibility 62
for Annual Reporting
Letter of statement of the Board of Directors and the Board of Commissioners regarding the responsibility 62-63
for Annual Reporting should be prepared according to the format of letter of statement of member of Board
of Directors and the Board of Commissioners regarding the responsibility for Annual Reporting as attached in
the Attachment, which is an integral part of this Circulation Letter of the Financial Services Authority.
710 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 713
2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK 711
Page 714
2025
Annual
Report
Integrating
Strength
Empowering
Growth
PT Bank SMBC Indonesia Tbk
Menara SMBC
CBD Mega Kuningan
Jl. Dr Ide Anak Agung Gde Agung Kav 5.5 - 5.6
Jakarta 12950
Phone : +62 21 300 26 200
smbci.com
712 2025 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Names mentioned 207 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Sumitomo Mitsui Banking Corporation
p.8 ×13
unresolved
org
PT BTPN Syariah Ventura
· Anggota
p.9 ×14
unresolved
org
PT BTPN Syariah Tbk
p.9 ×5
unresolved
org
Syariah Tbk
p.9 ×4
unresolved
org
Indonesia Stock Exchange
p.18 ×5
unresolved
org
Bank SMBC Indonesia Phase III Year
p.19 ×2
unresolved
org
PT Sucorinvest Asset
p.24
unresolved
org
PT Oto
p.25
unresolved
org
PT Summit
p.25
unresolved
org
Ministry of Micro
p.26
unresolved
org
PT PLN (Persero)
p.27
unresolved
org
Indonesia Tbk
p.28 ×3
unresolved
org
Bank Devisa
p.32
unresolved
org
PT Rintis Sejahtera
p.32
unresolved
org
Directorate General of Treasury ASABRI
p.34
unresolved
org
Ministry of Finance
p.34
unresolved
org
SGS United Kingdom Ltd
p.34
unresolved
org
Bank Indonesia
p.40 ×12
unresolved
org
Financial Services Authority
p.41 ×7
unresolved
org
Bank Indonesia’s
p.48
unresolved
person
Deputy
· President Director
p.65 ×2
unresolved
org
Bank Pensiunan Nasional Tbk
p.68 ×2
unresolved
org
PT Fitch Ratings Indonesia AAA
p.68
unresolved
person
Dr. Ide Anak Agung Gde Agung
p.68 ×5
unresolved
org
Bank Pegawai Pensiunan Militer
p.69
unresolved
org
Bank Pegawai Subsequently
p.69
unresolved
org
PT Bank Tabungan In
p.69
unresolved
org
PT Bank Sumitomo Furthermore
p.69
unresolved
org
PT Bank Tabungan
p.69
unresolved
org
Pensiunan Nasional Tbk
p.69 ×2
unresolved
org
PT Bank Sahabat Purba Danarta
p.69
unresolved
org
Minister of Law
p.69 ×3
unresolved
org
Minister of Law In
p.69
unresolved
org
PT Bank Sumitomo Mitsui
p.69
unresolved
org
PT Bank Tabungan Pensiunan Nasional.
p.70 ×5
unresolved
org
Banking Corporation
p.70
unresolved
org
Bank Sharia Community Banking
p.71
unresolved
org
PT Bank Sumitomo
p.71
unresolved
org
Providing Pre-emptive Rights II Corporation
p.72
unresolved
org
PT Kepland
p.72
unresolved
org
Bank Indonesia Certificates
p.74
unresolved
person
Ir. Nathan Tjoeng
p.78
unresolved
—
Committee
· Chairman : Onny Widjanarko
p.80 ×2
unresolved
org
Corporation.
· President Commissioner
p.82 ×3
unresolved
org
Bank Singapore Branch
p.82
unresolved
org
Bank Asia HQ
p.82
unresolved
org
ABN AMRO Bank N.V.
p.82
unresolved
org
Sanwa Bank Ltd
p.82
unresolved
org
ABN Bank N.V.
p.82
unresolved
org
Sumitomo Bank Ltd
p.83 ×2
unresolved
org
PT Bank Sumitomo Mitsui Indonesia
p.84 ×3
unresolved
org
PT Artajasa Independent Commissioner Pembayaran Elektronis
p.85
unresolved
org
PT United
p.85
unresolved
org
PT Dompet Anak Bangsa Work
p.87
unresolved
org
Bank Indonesia New York Domicile
p.87
unresolved
org
PT Bank Sumitomo Mitsui Work
p.88
unresolved
org
Bank DBS Domicile
p.88
unresolved
org
Bank United Financial
p.88
unresolved
org
PT Bogor Multifinance
p.88
unresolved
org
Bank Susila Bakti
p.88
unresolved
org
Bank Deputy President Director International
p.89
unresolved
org
PT Prudential Life Assurance
p.90
unresolved
org
Asuransi Adira Dinamika Tbk
p.90 ×2
unresolved
org
Herdini & Partners
p.91
unresolved
org
Bank PDFCI Tbk
p.91 ×2
unresolved
org
PT Bank Sumitomo Niaga
p.91
unresolved
org
PT Bank Tabungan Work
p.94
unresolved
org
Bank Barclays Indonesia
p.94
unresolved
org
PT Summit Oto Finance. Hanna Tantani Concurrent Position
p.95
unresolved
org
PT Bank HSBC Indonesia Work
p.95
unresolved
org
Bank Age
p.95
unresolved
person
Heru Rustanto
p.98
unresolved
person
Hari Suci Yuliastuti
p.98
unresolved
org
PT Bank Central
p.102
unresolved
org
Asia Tbk
p.102
unresolved
org
PT BTPN Syariah Ventura As
p.102
unresolved
org
Sakura Bank Limited
p.104
unresolved
org
PT SMFL Leasing Indonesia
p.104
unresolved
org
PT Ina Sekuritas Indonesia
p.104
unresolved
org
PT Nikko Sekuritas Indonesia
p.104
unresolved
org
PT SBCS Indonesia. For
p.104
unresolved
org
UBS AG London Branch Equities House -214
p.105
unresolved
org
Barclays Capital Securities Limited SBL
p.105
unresolved
org
Barclays Capital Securities Limited
p.105
unresolved
org
Citigroup Global Market LTD S/A CGML PRO
p.105
unresolved
org
Citigroup Global Market LTD
p.105
unresolved
—
Christian Santoso
p.105
unresolved
—
Henry Gunawan Cahyono Putro
p.105
unresolved
org
Caceis Bank, Ireland Branch / NICHEJUNGL
p.105
unresolved
org
Cayuga Pacific Group Limited
p.105
unresolved
—
Engelbert Winoto
p.105
unresolved
—
Kamajaya
p.105
unresolved
—
Linda Sulistyaningsih, BCS
p.105
unresolved
—
Liong Juen Fat
p.105
unresolved
—
Djoko Susanto
p.105
unresolved
org
PT Timur Nusa Niagajaya
p.105
unresolved
—
Yansen Lokanata
p.105
unresolved
org
PT BTPN Syariah Ventura Ownership
p.107
unresolved
org
PT Summit Oto Finance Ownership
p.107
unresolved
person
KH.Z.
p.108
unresolved
person
Ir. H. Juanda
p.108
unresolved
person
KH. Tb. A. Khatib
p.108
unresolved
person
Prof. M Yamin
p.110 ×3
unresolved
person
K.H. Zainul Arifin
p.110
unresolved
person
Dr. Samratulangi
p.110 ×2
unresolved
org
Siddharta Widjaja & Rekan
p.112 ×2
unresolved
org
Siddharta Widjaja
p.112
unresolved
org
KPMG International Limited
p.112
unresolved
—
Assignment Period
p.112
unresolved
org
Non-Audit Services Provided
p.112
unresolved
org
Bank Mega Jakarta Mori Tower
p.113
unresolved
org
PT Datindo Entrycom
p.113
unresolved
org
PT Fitch Ratings Indonesia DBS Bank Tower
p.113
unresolved
org
PT Pemeringkat Efek Indonesia
p.113
unresolved
org
Kementerian
p.450 ×2
unresolved
org
Ministry of Law
p.450
unresolved
org
Minister of Law and Human Administrasi
p.450
unresolved
org
Menteri Hukum dan Hak Asasi
p.450 ×2
unresolved
org
Minister of Laws
p.450 ×2
unresolved
person
Ashoya SH
· Notaris
p.451
unresolved
person
Ratam
p.451 ×2
unresolved
org
Menteri Hukum Republik
p.451
unresolved
org
Mitsui Banking Corporation
p.451
unresolved
—
Mitsui
2001. Sumitomo
p.451
unresolved
person
Dr. Ide Anak Gde Agung
p.451
unresolved
org
PT Summit Oto Finance Semua
p.460
unresolved
org
PT BANK BTPN SYARIAH Tbk’s
p.461
unresolved
org
PT Bank Sahabat
p.461
unresolved
person
Hadijah S.H.
p.461
unresolved
org
Ministry of Law and Human Rights of Republic Hak Asasi Manusia Republik Indonesia
p.461
unresolved
org
BANK SYARIAH Tbk
p.464 ×2
unresolved
org
Menteri Hukum Republik Indonesia
p.464
unresolved
org
PT Kustodian Sentral Efek Indonesia
p.466
unresolved
person
Notary Ashoya Ratam
· Notaris
p.466 ×18
unresolved
org
Minister of Law and Human Rights
p.466
unresolved
org
Menteri
p.466 ×2
unresolved
org
Ministry of Law and Human Rights
p.466
unresolved
org
Ministry of Law and Human Manusia
p.467
unresolved
org
PT Summit Oto
p.641
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