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2025 Annual
Report
STRENGTHENING
THE CORE,
ACCELERATING
FORWARD
PT Bank Maybank Indonesia Tbk
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Strenghtening the Core,
Accelerating Forward
Amid liquidity pressures, moderating demand, and intense
interest rate competition, Maybank Indonesia closed 2025
with resilient performance. Profit Before Tax (PBT) increased
compared to 2024, the M25+ strategic agenda was completed,
the core banking project progressed as planned, and the
success of cost efficiency program strengthened Maybank
Indonesia’s operational and financial foundations to support
future growth acceleration.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1
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Theme
Continuity
2021
GROWING WITH YOU
Amidst the challenges, Maybank Indonesia’s commitment to grow and benefit
all stakeholders has never wavered. Driven by ingenuity, creativity, and resilience,
Maybank Indonesia has continued to grow as a business entity together with
communities. The growth is founded upon environment, social, and governance
principles that are increasingly important for a world that is more equitable,
prosperous, and more sustainable
2022
ONE BANK IMPACTING MANY
The theme for the 2022 report reflects Maybank Indonesia’s position as a financial
institution that continues to create a positive impact on customers, communities and
the environment. Efforts that are manifested include through digital banking innovations
according to changes in customer preferences, a commitment to implementing
sustainable finance, and a focus on Environmental, Social and Governance (ESG) aspects
in banking operations. The theme also represents the spirit of ‘One Maybank’, an initiative
to maximise synergies between Maybank Group entities in Indonesia in order to present
a more comprehensive financial solution service for service users, as a differentiating
strategic factor that provides added value to Maybank Indonesia in the long term.
2023
EXCEEDING EXPECTATIONS
“Exceeding Expectations” can be an appropriate expression to describe Maybank
Indonesia’s presence in the Indonesian banking market and industry to date. The
expression manifests itself, for example, when Maybank Indonesia innovates to provide
“great” rather than just “good” products and services, or when Maybank Indonesia
looks to be a trendsetter and leader in certain fields. “Exceeding Expectations” also
describes Maybank Indonesia’s commitment to creating added value for shareholders,
Maybankers, society, and the community by maintaining excellent levels of growth and
financial performance, ensuring work-life balance for Maybankers, and delivering a
long-term positive impact for customers, the community, and the environment.
By ‘Exceeding Expectations’, Maybank Indonesia will be able to remain relevant in the
future as one of the leading banks in Indonesia.
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
2024
ONE TEAM, ONE DIRECTION, NEW ENERGY
The spirit of Maybank Indonesia’s “One Team, One Direction, New Energy” reflects a
shared desire to unify our vision, pool our strengths, and instill new motivation and
innovation into every aspect of our business. Collaboration is the key to achieving unity
and sustainable growth in various fields. With one clear goal, all Maybankers move in
one rhythm, allowing us to adapt to market dynamics and the increasingly challenging
Indonesian financing industry.
“One Team, One Direction, New Energy” encapsulates the work culture transformation
that emphasises togetherness, common goals, and renewed energy. These three
pillars are the foundation for growing sustainably and presenting a financial
experience where human values always come first. It is the persona that Maybank
Indonesia embraces to face future challenges and gain a competitive advantage in
the banking industry.
2025 Annual
Report 2025
STRENGTHENING STRENGHTENING THE CORE,
THE CORE, ACCELERATING FORWARD
ACCELERATING
FORWARD
Amid liquidity pressures, moderating demand, and
intense interest rate competition, Maybank Indonesia
closed 2025 with resilient performance. Profit Before
Tax (PBT) increased compared to 2024, the M25+
strategic agenda was completed, the core banking
project progressed as planned, and the success
of cost efficiency program strengthened Maybank
Indonesia’s operational and financial foundations to
support future growth acceleration.
PT Bank Maybank Indonesia Tbk
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 3
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01 / M A I N H I G H L I G H T S
Table of Contents
The content structure of the Maybank Indonesia Annual Report refers
to the Annual Report writing guidelines and regulations that prevail in
Indonesia.
03 COMPANY PROFILE
Referring to the Integrated Report framework recently issued by 76 General Bank Information
International Integrated Reporting Council (IIRC), which suggests
that an annual report shall refer to 6 (six) capitals namely Financial, 77 Maybank Indonesia in Brief
Manufactured, Intellectual, Human, Relationship & Social and Natural, 78 Brief History
then principally, Maybank Indonesia’s 2025 Annual Report has covered
discussion on the referred six capitals. 79 Association Membership List of Maybank Indonesia
79 Corporate Logo and Identity
Below is Maybank Indonesia Annual Report’s content when viewed under
the 6-capital scheme suggested by IIRC for an annual report writing. 80 Our Journey
82 Organisational Structure
Annual Report Integrated Report 84 Vision, Mission, and Corporate Culture
Maybank Indonesia Capital
86 Core Business
Main Highlights Summary of 6 capital 88 Products and Services
Management Report Summary of 6 capital
91 Board of Commissioners Profile
Manufactured, Intellectual &
Company Profile 99 Board of Directors Profile
Relationship
Management Discussion and Financial, Intellectual &
110 Changes in the Composition of Management after Financial
Analysis Manufactured Year
Manufactured, Human & 111 Senior Management Profile
Functional Review
Intellectual 121 Employee Statistics and Profiles
Corporate Governance Report Relationship & Social 122 Shareholding Composition
Corporate Social Responsibility Relationship & Social 125 Corporate Group Structure
Consolidated Financial Financial
126 Maybank Group Profile
127 Subsidiaries and Joint Ventures
2 Theme Continuity 130 Share Listing Chronology
6 Disclaimer and Limitation of Liability 132 Other Securities Listing Chronology
7 Our Competitive Advantage 136 Ratings
8 Maybank Group Strategy 137 Public Accountant & Public Accountant Firm Services
10 5 Initiative Programmes Uplift Indonesia 138 Capital Market Supporting Institutions and Professions
11 5 Pillars Uplift Indonesia 139 Information on Corporate Website
12 Strategic Policies (Strategic Thrust) ‘Uplift Indonesia’ 140 Operational Areas
14 Key Achievement 2025 142 Branch Offices Address
18 Overview of Sustainability Performance 2025
04 MANAGEMENT
22 Initiatives and Digital Performance Achievements
DISCUSSION
AND ANALYSIS
01 MAIN HIGHLIGHTS 154 Macroeconomic Review
158 Global Banking
26 Financial Highlights 164 Community Financial Services (CFS)
30 Operational Highlights 178 Shariah Banking
31 Shares Highlights 185 Maybank Finance
33 Bond Highlights 188 WOM Finance
33 Corporate Ratings 192 Profitability by Segments
34 Event Highlights in 2025 194 Financial Review
38 Maybank Marathon Sustainability Day 2025 195 Financial Performance Analysis
40 Awards and Certifications 203 Consolidated Statement of Profit or Loss and Other
Comprehensive Income
206 Consolidated Cash Flow Statement
02 MANAGEMENT REPORT
206 Key Financial Ratios
208 Prime Lending Rate
208 Deposit Interest Rate
44 Board of Commissioners’ Report 209 Commitments and Contingencies
54 Board of Directors’ Report 210 Earning Assets Quality Report and Other Information
70 Sharia Supervisory Board Report 212 Other Material Information
72 Statements of Responsibility for 2025 Annual Report by the 214 Capital Structure
Board of Commissioners of PT Bank Maybank Indonesia Tbk 215 Investment Property
73 Statements of Responsibility for 2025 Annual Report by the 215 Material Commitments for Capital Goods Investment
Board of Directors of PT Bank Maybank Indonesia Tbk 215 Capital Goods Investment Realised In The Last Fiscal Year
216 Material Information and Facts Subsequent to the
Accountant’s Report Date
216 Comparison of Targets and Realisation 2025
216 2026 Projections
217 Dividend Distribution Policy
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218 Employee and/or Management Stock Ownership Program 591 Internal Control System
(ESOP/MSOP) 595 Investor Relations
218 Realisation of the Use of Proceeds from Public Offering 597 Risk Management
218 Significant Changes in the Bank and the Bank Business 601 Public Accountant/External Auditor
Groups in 2025 603 Access to the Company’s Information
218 Significant Prohibition, Restrictions, and Constraint to and Data
Transfer Funds Between the Bank and Other Entities in the 605 Code of Ethics and Code of Conducts
Business Group
607 Corporate Culture
218 Provision of Funds, Commitments, and Other Facilities
608 Transparency of The Bank’s Financial and Non-Financial
218 Other Important Transactions in Significant Amounts Condition That Have Not Been Disclosed in Other Reports
218 Material Transactions Related to Investment, Expansion, 609 Quarterly Publication Report
Divestment, Acquisition, and Restructuring 610 Provision of Funds to Related Party and Large Exposure
219 Material Transactions Containing Conflicts of Interest and 611 Provision of Funds for Social and Political Activities
Transactions with Affiliated/Related Parties
612 Procurement Policy of Goods and Services
221 Changes in Laws and Regulations that Have a Significant
613 Customer Protection Policy
Impact on Banks
613 Anticorruption Policy
225 Changes in Accounting Policies
613 Creditors' Rights Safeguard
225 Changes in The Business Model Related to the Securities
614 Dividend Distribution Policy, ESOP MESOP Policy (Long-Term
Investment Management Framework
Compensation Policy)
225 Compliance As Taxpayers
615 Conflict of Interest Policy (including Insider Trading)
225 Marketing Aspects 615 Affiliate and Conflict of Interest Transactions in accordance
229 Business Prospects with Financial Services Authority Regulation No. 42/
232 Business Continuity Information POJK.04/2020 concerning “Affiliate Transactions and
Conflict of Interest Transactions”
234 Business Continuity Management
617 Bad Corporate Governance Practices
234 Guidelines and Support of Maybank Group on the 2026
Business Sustainability Plan 618 Bank Strategic Plan
618 Action Plan and its Implementation
234 Results and Progress Achieved by Maybank Indonesia in
Implementing ESG 619 Ratio of Highest and Lowest Salary and
Variable Remuneration Received by Employees
619 Shares and/or Bank Bond Buy Back
05 FUNCTIONAL REVIEW 620
621
Other Information Related to Bank Governance
Implementation of OJK Public Company Governance
Guidelines
625 General Guidelines for Indonesian Corporate Governance
238 Human Capital (PUGKI)
256 Information Technology 642 Implementation of Corporate Governance Aspects and
260 Digital Banking Principles in Accordance with the Guidelines of Corporate
264 Branch Network Development Governance Principles for Banks Issued by the Basel
Committee in Banking Supervision
266 Operations and Customer Service
644 Integrated Governance Implementation Report
273 Risk Management
649 Implementation of the ASEAN Corporate Governance (CG)
Scorecards
06 GOOD CORPORATE GOVERNANCE
658 Board of Commissioners Approval Sheet Good Corporate
Governance (GCG) Implementation Report 2025 PT Bank
Maybank Indonesia Tbk
659 Board of Directors Approval Sheet Good Corporate
Governance (GCG) Implementation Report 2025
430 Good Corporate Governance
PT Bank Maybank Indonesia Tbk
431 Basis for Corporate Governance Policy
660 GCG Report Shariah Business Unit 2025
431 Year-On-Year Focus of Governance Implementation
437 Corporate Governance Roadmap
07
438 Bank's Governance Structure
440 Self-Assessment Results of Good Corporate Governance
Implementation i n 2025
441 Information on Major and Controlling Shareholders
442 General Meeting of Shareholders 678 CORPORATE SOCIAL
458 Board of Commissioners
RESPONSIBILITY
485 Board of Directors
510 Affiliation between Board of Commissioners, Board of
Directors and Majority/Controlling Shareholders
681 CONSOLIDATED FINANCIAL
511 Board of Commissioners and Directors Diversity Policy STATEMENTS 2025
514 Committees of the Board of Commissioners
545 Remuneration Policy 1021 PARENT COMPANY CONSOLIDATED
550 Committees of the Board of Directors FINANCIAL STATEMENTS 2025
568 Corporate Secretary
572 Corporate Security Management 1028 ANNUAL REPORT 2025 CROSS
573 Compliance Unit REFERENCE
575 Administrative Sanctions 1028 SEOJK No. 16/SEOJK.04/2021: Annual Report of Public Company
576 Implementation of the Anti-Money Laundering Program, 1042 To Financial Services Authority Circular Letter
Counter-Terrorism Financing, and Prevention of the No. 29/SEOJK.03/2025: Transparency And Publication of
Financing of Weapons of Mass Destruction Proliferation Conventional Commercial Bank Reports
Program (AML CFT & CPF)
1046 Penerapan Integritas Laporan Keuangan Bank berdasarkan
578 Whistleblowing System and Anti Fraud POJK 15 Nomor tahun 2024
580 Legal Issues
585 Taxation Management and Control
586 Internal Audit Unit
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 5
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Disclaimer and
Limitation of Liability
The 2025 Annual Report of PT Bank Maybank Indonesia Tbk discloses
the projections, plans, strategies, policies, and objectives of the
Bank, which are classified as forward-looking statements in the
implementation of the prevailing regulations, except for historical
matters.
These statements involve potential risks, uncertainties, and may
materially differ in their actual developments from those reported
herein.
The prospective statements in this Annual Report are prepared on
the basis of various assumptions regarding the current and future
conditions of the Bank as well as the business environment in which
the Bank conducts its business. The Bank does not guarantee that
these documents whose validity have been ascertained will bring
expected results.
The annual report contains the words “Bank,” “Maybank Indonesia,” and “Bank Maybank Indonesia” which are
defined as PT Bank Maybank Indonesia Tbk engaged in the business activities of Commercial Banking/Banking
Services. Often times the word “the Company” is also used for ease of reference to address PT Bank Maybank
Indonesia Tbk in general.
6 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Our Competitive
Advantage
01 High Quality 02 Fast and Efficient
Services Processes
The bank understands the diverse and The bank offers one of the most
evolving needs of commercial, affluent, competitive turnaround times in SME and
and Islamic customers, and delivers multi-finance services
tailored, need-based solutions through
consistently high service standards.
03 Product 04 Regional
Innovation and Connectivity with
Comprehensive Islamic Leadership
Solutions Maybank Indonesia is supported by a
strong regional brand and extensive
The bank provides integrated, end-to-
ASEAN network, with a distinctive
end financial solutions by leveraging the
leadership position in Islamic finance and
full ecosystem of Maybank’s subsidiaries
Sharia-compliant wealth solutions.
and sister companies, including multi-
finance, securities, asset management,
and insurance.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 7
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Maybank Group
Strategy
M25+: FROM GOOD TO GREAT
Maybank Group introduced an extensive suite of solutions, implemented through the 12 Strategic Programs, to help
its customers and communities through unprecedented times. The M25+ strategy will direct the Group on a deeper
purpose of becoming a “Values-Driven Platform, Powered by a Bionic Workforce that Humanises Financial Services”.
Infusing the principles of ethical banking (fairness, inclusivity, Upskilling and equipping Maybankers with
preservation of environment and exclusion of harmful activities to the right technological capabilities, further
mankind) as a differentiator to drive economic value for the Group unlocking their potential
“WE ARE A VALUES-DRIVEN PLATFORM, POWERED BY A
BIONIC WORKFORCE THAT HUMANISES FINANCIAL SERVICES”
Orchestrating digital ecosystems and Providing customers with hyper-personalised
integrating customer offerings across solutions to support them through their life journeys
the region and serving the Community as the Force for Good
Maybank Indonesia’s M25+ is based on 5 key strategic thrusts as further articu-
lated in the Uplift Indonesia program into 5 initiatives
KEY STRATEGIC THRUSTS IN MAYBANK INDONESIA’S M25+
Building on the foundation laid by the M25 plan, M25+ will reinforce the push for more meaningful differentiation across
five key strategic thrusts and create firmer foundational capabilities for long-term sustainable growth.
01 02 03
Intensify Customer-centricity Accelerate Digitalisation and Strengthen Maybank’s
ull agile and iterative Minimum Viable Technology Modernisation position beyond Malaysia
Product (MVP) approach, through End-to-end STP platform that Regionalisation of business and
customer journeys and imagining the integrates with ecosystems within product solutions, and technological
end-state model and beyond banking platforms and applications, with
clear leadership in Malaysia
04 05
Drive Leadership in Sustainability Achieve True Global Leadership in Islamic
Agenda Banking
Expanded scope to embrace ethical Global Islamic wealth management (IWM),
banking principles, deepening Singapore as hub and Middle East/ASEAN
social impact and execution of countries as spoke
decarbonisation strategy
8 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
12 STRATEGIC PROGRAMMES (SPs)
SP1 SP2 SP3 SP4
Reshape wholesale Build a regional Reimagine the Reimagine the SME
target operating transaction banking consumer banking banking customer
model proposition customer journey journey
To enhance group-wide Establish cross-country Reimagine customer Reimagine SME journey
coverage model and target operating model journey across key across key growth
build deeper sector for regional trade, growth milestones and milestones and beyond
expertise, offering tailored payments, and financial beyond banking while banking while orchestrate
solutions. supply chain and cash orchestrate within select within select digital
management. digital ecosystems. ecosystems.
SP5 SP6 SP7 SP8
Build global Islamic Become a regional Uplift Indonesia Redefine our
banking leadership leader in Insurance International
footprint
Establish global IWM hub Strengthen Life coverage Continue to
in Singapore and Middle in core markets, scale strengthen Refocus Maybank’s
East/ASEAN countries as and expand regionally, fundamentals, global footprint, redesign
spoke; establish as-a- and deliver customer- target operating model
service offering to expand centricity via STPs and
differentiate and
for select markets, and
into new markets. analytics. grow through optimise investment
expansion of select portfolio.
key levers.
SP9 SP10 SP11 SP12
Be the Sustainability Elevate Maybankers Drive hyper Build Next-Gen
leader in SEA personalisation Technology
Initiate strategic through advanced capabilities
Build segment-specific workforce planning,
analytics
business strategies and reimagine the employee Build a digital-ready
develop a sustainability value proposition, architecture, implement
Develop platforms
integrated target enhance performance an operating model
that enable hyper-
operating model. management and that drives seamless
personalisation
institutionalise Agile@ collaboration and
experiences for
Scale. prioritisation of initiatives.
customers.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 9
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Initiative Programmes
Uplift Indonesia
01 Global Banking
Providing seamless regional financing, tailored client expertise,
operational excellence, and innovative regional trade platform to
enhance transaction banking services and premium services for
top-tier clients.
02 SME
Empowering SMEs with tailored digital financing, value-added
services via integrated platforms, and seamless loan channelling
distribution for enhanced growth and operational excellence.
03 Retail Consumer
Delivering enhanced branch productivity, omni-channel
experiences, integrated offerings for NTB acquisition, payroll
solutions, and tailored wealth services to engage customers and
target affluent segments effectively.
04 Shariah Acceleration
Providing tailored Shariah wealth solutions, specialised services for
Islamic organisations, comprehensive halal ecosystem offerings,
and innovative regional Islamic Banking-as-a-Service with Sharia-
compliant products.
05 Enablers
Driving growth through ecosystem partnerships, seamless digital
integration, streamlined operations, enhanced risk management,
data-driven insights, and a unified culture of “One Team, One
Direction, New Energy”.
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Pillars
Uplift Indonesia
In achieving the ‘Uplift Indonesia’ strategy, the Bank has developed five pillars consisting of 5 strategic pillars,
namely Global Banking, SME, Consumer, Sharia Acceleration, and Enablers. These strategic pillars and capabilities
position Maybank as a regional bank that continues to grow financially, becoming the customers’ first choice for
transactions and consistently meeting customer expectations for the finest digital-based experience.
Uplift Indonesia’s five strategic pillars and capabilities (enablers) include strengthening current businesses and
launching the M25+ transformation strategy, which will assist the Bank in meeting its ambitions for 2025.
Maybank Indonesia: Humanising Financial Services
“A leading regional bank focused on increasing stakeholder value through
comprehensive solutions, superior customer experience,
and adherence to prudent principles”
1-Maybank: Integrated financial solution with full suite of products & services
01 02 03
GLOBAL BANKING SME CONSUMER
Utilisation of Regional Fastest, easy and Comprehensive
Client Coverage for efficient credit Wealth Management
Inbound/Outbound processing services proposition supported
ASEAN-ID opportunities with beyond banking by digital services
solutions
04 Shariah Acceleration: Shariah Wealth Management services
focus on penetrating the Islamic ecosystem, and offering
innovative and comprehensive Shariah product solutions
05 Enabler: Strategic partnerships, operational simplification,
effective risk management, balance sheet and cost optimisation,
and extensive and productive branch services
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Strategic Policies
(Strategic Thrust)
‘Uplift Indonesia’
STRATEGIC POLICIES AND RESULTS ACHIEVED IN 2025
01 Global Banking 02 SME
Throughout 2025, the Bank strengthened its Global Banking The Bank continued to expand its support SMEs through
franchise by delivering more relevant and integrated digital innovation and strategic collaboration, including:
solutions to corporate clients, including: • Increased the distribution of digital financing to MSMEs
• Enhanced client engagement approaches via through strengthened digital lending solutions
dedicated client coverage team to foster deeper and • Launched a one-stop SME microsite to centralise
more sustainable relationships product information, services, and digital tools for
• Streamlined supplier financing processes to improve easier customer access
service speed and overall customer experience • Expanded dealer financing through collaboration with
• Launched a new trade platform equipped with key Maybank Finance
services such as Bank Guarantees, Letters of Credit • Provided beyond banking solutions such as accounting,
(L/C), and trade financing facilities human resources, legal, tax, and halal certification
services
03 Consumer Retail 04 Shariah Acceleration
To reinforce its presence in Indonesia’s retail market, the To reinforce its leadership in Islamic banking, the Bank
Bank implemented several customer-centric initiatives, advanced a range of Sharia initiatives in 2025, including:
including: • Expanded partnerships with Islamic organisations and
• Introduced tailored customer journey programs for new community-based institutions
customers to enhance financial literacy • Launched a waris calculator and Sharia estate-
• Strengthened wealth solutions through regional product planning consultation services to support customer
offerings and synergies with Maybank Securities financial planning
Indonesia and Maybank Asset Management Indonesia • Strengthened Sharia wealth management engagement
for affluent customers and marketing
• Expanded digital partnership channels through the • Developed community-based financing initiatives
development of Open API capabilities in collaboration with mosques and digital donation
• Improved mortgage process to enhance the overall platforms
retail customer experience • Launched Hajj financing program in collaboration with
WOM Finance
• Launched 1st Sharia Restricted Investment Account
(SRIA) transaction in Indonesia to strengthen our
position in Sharia corporate solution space
05 Enablers
To support business growth and deliver better customer experiences, the Bank continued to strengthen its internal capabilities
through:
• Rolled out branch service transformation initiatives to enhance service quality and customer convenience
• Improved sales productivity through the use of digital sales tools and strengthened digital marketing support
12 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
STRATEGIC POLICIES FOR 2026 AND IN THE COMING YEARS
For the period from 2026 through the next five years, the Bank has established ROAR30 Strategy with core mission as
Humanising Financial Services through: (1) Deliver Exceptional Experience, (2) Impact Society Positively, and (3) Power
the Real Economy.
HUMANISING FINANCIAL SERVICES
Deliver Exceptional Experince Impact Society Positively Power the Real Economy
• Lead in quality-of-service • Champion for good • Uplift key drivers of real economies
Digital-first omnichannel customer Greater accessibility for Support SMEs which serve as key
experience underserved segements drivers of the real economy
• Personalise solutions and • Enable wellbeing for all • Nurture new economies
engagements Elevate wellbeing of communities; Foster high-impact and high-value
Tailor experiences enabled by latest deploy next-gen capabilities to industries
tech and AI broaden inclusion
• Advocate transparent & equitable • Uphold a sustainability-first
dealings approach
To support the achievement of this mission, the Bank has 3. Empower entrepreneurs through integrated wealth
set five strategic themes: and business solutions:
• Accelerate SME and business growth across priority
1. Uphold Sharia values for fair, inclusive, sustainable sectors
growth: • Provide integrated business and wealth solutions
• Expand inclusive Sharia financing and wealth • Expand sustainable and mobility financing
solutions offerings
• Strengthen partnerships within the halal and
community ecosystem 4. Deliver the best banking experience through digital,
• Enhance digital access and connectivity for Sharia data and AI solutions:
customers • Simplify and digitise customer journeys
• Strengthen mobile and digital banking capabilities
2. Serve as the regional partner of choice through for both retail and non-retail
integrated regional solutions: • Improve operational efficiency and service
• Deliver integrated and tailored corporate solutions productivity
with regional collaboration
• Expand capital market and investment capabilities 5. Enabled through Whole-of-Maybank
• Support clients across regional and value chain conglomeration, future-ready talent, and high-
networks through transaction banking performance New Maybank culture
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Key
Achievement 2025
2025 marked a year of strengthened profitability and improved
fundamentals for the Bank, reflecting disciplined execution of its
strategic priorities amid market uncertainty.
HOW WE USE OUR CAPITAL
FINANCIAL
Total Loans and Shariah • Total loans were recorded at Rp123.6 trillion.
Financing (Loans) • Global Banking registered loans of Rp36.5 trillion, down 18.4% due to
123.6 trillion
portfolio rebalancing.
• Total Community Financial Services (CFS) loans stood at Rp87.2
Rp trillion compared to Rp82.9 trillion in the previous year, growing 5.2%.
• Total assets of the Shariah Business Unit (UUS) grew 2.7% to
Total Equity Rp44.1 trillion in December 2025. It represented 24.7% of Maybank
Rp 33.1 trillion •
Indonesia’s total assets as of December 2025.
Maybank Finance financed approximately 46 thousand car units
with total financing of Rp8.5 trillion in 2025, 6.7% higher than Rp7.9
trillion in 2024.
Total Deposits
• WOM Finance financed about 182 thousand motorcycle units with a
116.2 trillion
total financing of Rp6.7 trillion in 2025.
Rp
INTELLECTUAL
M2U ID offers a comprehensive investment solution through a
fully STP online system, enabling customers to seamlessly open
Innovation in and access a wide range of investment products, including Fixed
Digital Services Deposits, Mutual Funds, Bonds & Gold which are available in both
Conventional & Sharia. All of which can be managed conveniently
through 360 Digital Wealth Feature.
14 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
MANUFACTURED The Bank’s IT strategic plan consists of four pillars: Focus on
Connectivity, Infrastructure Enhancement through Modernisation
& Cyber Defence Capability, Utilisation of Business Processes
Focus on IT Development for Productivity and Efficiency, and Improvement of the Working
Environment.
Investment on IT development reached Rp489 billion in 2025
IT Development Funding compared to previous year of around Rp600 billion.
There are a total of 79 initiatives divided into four main categories,
Initiatives in Operational namely Productivity Improvement, Strengthening Internal Controls,
Development Enhancement of Services & Business Support, and Regulatory
Compliance.
• 1 Non-Operational Head Office, 10 Regional Offices, 79 Main Branch
Offices, 175 Sub-Branch Offices.
• The Bank has 17 Shariah Branch Offices and 3 Shariah Sub-Branch
Offices.
Office Network • For overseas banking services, the Bank also has 1 Branch Office in
Mumbai, India.
• The Bank is also supported by 22 units of KCP Mobile for
comprehensive services, especially in remote areas.
Channel 661 ATMs (including 26 Cash Recycle Machines)
HUMAN
Employees 6,635 Employees
Maybank continues to strengthen its organisational culture to
successfully adopt digital transformation of TEAMWORK, INTEGRITY,
GROWTH, EXCELLENCE & EFFICIENCY, RELATIONSHIP BUILDING.
Corporate Culture
In 2025, the ratio of education funds realised by the Bank in 2025
reached 6.11% of the total gross salary in 2024.
RELATIONSHIP & SOCIAL
• The Bank’s Macroprudential Inclusive Financing Credit (PIM as of
2025 amounted to Rp26.1 trillion or 24.80% of the Bank’s total credit
(Bank only).
Cooperation with • In order to support the government and regulators’ efforts
to increase financial inclusion and drive non-cash payment
Government
transactions, Maybank Indonesia has been proactive in conducting
socialisation while running various promotional programs to
increase customer activities in the Digital Banking platform,
especially through the Bank’s M2U ID App.
Financial Literacy and Inclusion Activities:
• Financial literacy and inclusion reaching 40,752 individuals across
16 provinces in Indonesia. The initiatives engaged a broad spectrum
of beneficiaries, including students, employees and professionals,
communities, teachers, MSMEs, housewives, and the wider public.
These numbers represent a doubling compared to 2024. Notably,
CSR 52% of total beneficiaries were reached through Shariah financial
Programs programmes.
Community Empowerment Programs:
• Reach Independence and Sustainable Entrepreneurship (R.I.S.E.),
which aims to improve entrepreneurial knowledge, the capabilities
of micro-businesses for disabled & marginalised MSMEs, and create
an independent society through business development.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 15
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01 / M A I N H I G H L I G H T S
NATURAL
• “Jejak Hijau” Desa Sanding Program: Towards a Carbon-Neutral
Future is a development of the Eco-Village: Gianyar Maggotpreneur,
a community empowerment program through the establishment
of organic waste management facilities. This expansion directly
benefits 40 operators and indirectly impacts 3,433 residents to
CSR Initiatives accelerate the transition toward environmentally resilient village.
• The mangrove planting that has been carried out in the Mangrove
Arboretum Park, Tanjung Benoa, Bali, is part of the Maybank
Marathon Bali 2025 implementation initiative. Since 2023, Maybank
Indonesia has planted 4,945 mangroves. The trees are currently
growing well, and their progress continues to be monitored to ensure
healthy growth.
• Energy efficiency sector: Rp901 billion
• Sustainable Management of Living Natural Resources and Land Use
Sector: Rp1.8 trillion
Financing for • Green Buildings that Meet National, Regional, or International
sustainable business Standards or Certifications: Rp352 billion
initiatives • Environmentally Friendly Transportation: Rp797 billion
• Renewable Energy: Rp335 billion
• MSME activities: Rp17.1 trillion
• Implementation of POJK 51/2017
• Implementation of Green Taxonomy Indonesia
• Implementation of Risk Acceptance Criteria (RAC)
• Published ESG Risk Management Framework
Policy initiatives on • Published Maybank Group’s Sustainable Product Framework (SPF)
Green Loans • Published Maybank Group’s Transition Finance Framework (TFF)
• Issued ESG Deposit Guidelines
• Published Sustainability-Linked Loan Product Guidelines
• Published SOP for the Classification and Validation of Maybank
Indonesia’s Sustainable Finance
CUSTOMERS
Number of Debtors and Number of debtors of 718 thousand customers in 2025 and depositors
Depositors of 1.2 million customers in 2025.
The overall customer experience is measured by satisfaction levels
Responsibility to the using the NPS (Net Promoter Score) methodology performed by
Consumer external parties.
• Commitment to Protect Deposits and Customer Data Confidentiality
Service Quality • Provision of a Center for Complaints and Customer Complaints
Improvement Program Handling
• Provision of Product and Service Information
• Digital Credit Card and Personal Loan (KTA) application feature
New Products and • Personal Loan top-up feature for existing Personal Loan customers.
Activities • M2U QR Pay transaction with Maybank Credit Card funding sources
• QRIS Without Face-to-Face Transaction
16 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
INVESTORS
• Profit Before Tax (PBT) registered at Rp2.2 trillion, an increase of
38.9% compared to the previous year, supported by continuously
Market Capitalisation decreasing provision costs and better cost management.
• Net Interest Income (NII) increased by 1.6%, supported by the
Rp 15.7 trillion implementation of disciplined risk-based pricing, as well as a shift
towards efficient funding composition.
• Non-interest income also grew by 8.1%, mainly supported by Global
Markets revenue, which improved to Rp441 billion, as well as income
contributed from asset recovery and Wealth Management.
• In 2025, the ratio of education funds realised by the Bank reached
6.11% of the total gross salary in 2024. This percentage reflects the
Bank’s commitment to implementing strategic plans in sustainable
employee development.
• Implement talent and successor development programs based on
the principle of 70% (experiential-based): 20% (relationship-based):
EMPLOYEES 10% (formal learning) which can be adapted to dynamic business
goals
• Fulfilling human capital competency is focused on fostering
a culture of self-learning via a digital learning platform and
continually improving Future Ready Skills to ensure the bank’s
resilience in the digital age.
The results of the governance self-assessment at the Bank individually
and in a consolidated basis (including the subsidiaries of WOM
REGULATORS & Maybank Finance) each resulted in a score of 2 with a rating of
“Good”. The rating reflects that the Management of the Bank and its
Subsidiaries have implemented good corporate governance.
Maybank Indonesia organised the Maybank Cycling Series Il Festino 2025
as part of its support for the values of sportsmanship, sustainability, and
community empowerment. This activity was verified by the Indonesia
COMMUNITIES Cycling Federation (ICF), a member of the International Cycling Union.
Inspired by the Giro d’Italia, this event features two race categories: the
137 km Grand Fondo and the 87 km Medio Fondo.
• The Bank has identified that at least Rp4.2 trillion loans portfolio has
met the Environmentally Friendly Business Activities (EFBA) category
according to OJK classification.
• Maybank Indonesia implements various efforts in energy efficiency
and emission reduction, resulting 30.8% esmission Scope 1 and 2
ENVIRONMENT reduction against 2019 baseline.
• Energy efficiency enhancement through the upgrade of air
conditioning (AC) systems to more energy-efficient technologies
and the installation of solar panels at branch offices to support the
use of renewable energy.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 17
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01 / M A I N H I G H L I G H T S
Overview of Sustainability
Performance 2025
Economic Aspect Performance
19.55% 3.84% 15.70% 24.80% Rp
8.24 trillion
Sustainable Business Environmentally Friendly Micro Small Medium Macroprudential Mobilising Sustainable
Activity Category (SBAC) Business Activities Enterprises (MSME) Inclusive Financing Ratio Finance Based On
financing to total credit (EFBA) financing to total category financing to (RPIM) Maybank Sustainable
(Bank only) credit (Bank only) total credit (Bank only) Product Framework (SPF)
Description Unit 2025 2024 2023
Economic Performance - Consolidated
Operating Income after Provision Rp billion 2,123 1,589 2,348
Profit After Tax and Minority Interest (PATAMI) Rp billion 1,657 1,116 1,743
Customer Deposits Rp billion 116,194 119,004 115,503
Total Loans Rp billion 123,637 127,581 116,002
Spending to Local Suppliers Rp billion 356 441 704
Number of Local Suppliers Supplier 1,124 1,270 1,064
Economic Performance Related to Sustainability - Bank Only
Sustainable Business Activity category (SBAC) Financing Rp billion 21,234 22,095 21,846
Environmentally Friendly Business Activities (EFBA) financing Rp billion 4,175 4,972 3,971
Micro, Small and Medium Enterprises (MSME) category financing Rp billion 17,060 17,122 17,875
Percentage of Loans under Sustainable Business Activity category % 19.55 19.44 21.34
(SBAC) to Total Loans
Environmentally Friendly Business Activities (EFBA) financing to total % 3.84 4.37 3.88
credit
Micro, Small and Medium Enterprises (MSME) category financing to total % 15.70 15.07 17.46
credit
Macroprudential Inclusive Financing Ratio (RPIM) % 24.80 27.00 27.27
18 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Environmental Performance
3,311
Total trees planted
Description Unit 2025 2024 2023
Energy Usage Intensity GJ/Employee 13.39 15.26 15.46
GHG Emissions Scope 1 Tonnes of CO2e 2,148 2,778 2,377
GHG Emissions Scope 2 Tonnes of CO2e 25,505 29,266 29,861
GHG Emission Intensity Tonnes of CO2e/Employee 2.84 3.14 3.16
Water Usage Megaliters 112.34 104.24 117.89
Paper Usage Million Sheet 27.83 27.48 38.56
*
Scope 1 GHG Emissions Calculation includes the calculation of emissions from fuel sources of Generator Sets, Fire Extinguishers (APAR), and Refrigerants for Air Conditioners.
Social Aspect Performance
Reach Independence & Sustainable Cahaya Kasih - Gerakan Literasi
Entrepreneurship (R.I.S.E.) Negeri di Awan (2024 - 2025)
2,225
Differently Abled Individuals and the Marginalised as
134 427 Reading Parks Schools
8,535 4,257
beneficiary
Children Parents and Teachers
HERPower Financial Inclusion and Literacy
1,084 Women Entrepeneur
40,752 Participants
Description Unit 2025 2024 2023
Women in Board of Commissioners and Board of Directors position % 23.53 20.00 13.95
Customer Satisfaction Survey Score 45 36 38
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 19
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01 / M A I N H I G H L I G H T S
Governance-related
Performance
Obtaining Renewal of
ISO 37001:2016 ISO 27001:2022
Anti-Bribery Management System Certification Information Security Management System Certification
Financial Integrity Rating
2-Good Rating Very Good Rating
Score above the National Average, Financial Services Provider/Banking
Governance Composite Assessment
99% Employees
Participated in the Anti-Fraud awareness, Anti-Bribery, and
100% Employees
Participated in the Code of Conduct training
Corruption training and e-learning
Maybank Indonesia’s Performance towards Maybank Group Sustainability
Commitments
COMMITMENT 1 COMMITMENT 2 COMMITMENT 3 COMMITMENT 4
Improved the Achieved 30.84% Achieved
Mobilised
lives of 400,349 emission 388,651 hours on
Rp17.31 trillion
households in reduction for sustainability in
in Sustainable
Indonesia since Bank’s Scope 1 Maybank Indonesia
Finance
2021 up to 2025. and 2 against 2019 throughout 2025.
accumulated since
baseline.
2021 up to 2025.
20 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Economic Empowerment Training Programme for the People with Disabilities Community: R.I.S.E.
(Reach Independence and Sustainable Entrepreneurship)
Winners of the children’s painting competition at the Global CR Day event – The Next Chapter of Negeri di Awan:
Green Literacy
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 21
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01 / M A I N H I G H L I G H T S
Initiatives and Digital
Performance Achievements
01 M2U Transaction Volume (Rp trillion)
M2U’s Financial
01 Transaction volume
keeps growing
36.79 35.48 35.27 37.63 38.50
11.6% growth in transaction volume with
more than Rp146.8 trillion in 2025.
YoY
23.4% M2U financial transaction reached
more than 30.6 million in 2025.
Q4’24 Q1’25 Q2’25 Q3’25 Q4’25
YoY
191.5 thousand More than 191.5 thousand
saving accounts have been
02 M2U Transaction Frequency (million)
saving accounts opened digitally through
M2U in 2025.
8.41
7.28 7.76
6.83 7.18
02 QR Pay Transaction
Growth
Q4’24 Q1’25 Q2’25 Q3’25 Q4’25
101.2% M2U QR Pay & QR Cardless
Withdrawal transaction volume in
YoY 2025 and reach more than
Rp1.72 trillion. 03 M2E Transaction Frequency (million)
1.32 1.24 1.29
1.18 1.17
03 M2E
11.7% Total financial transaction
frequency in 2025 reach more than
Q4’24 Q1’25 Q2’25 Q3’25 Q4’25
YoY 5.02 million with current account
balance of M2E users in 2025
reached more than Rp35.7 trillion,
grow by more than 19.7% YoY.
22 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
ALL IN
M2U ID APP
Digital Wealth in M2U ID App supports customers’ long-term
financial aspirations by providing seamless access to Mutual
Funds, Bonds, Gold and Bancassurance through a single digital
platform, enabling portfolio diversification and efficient wealth
management.
Mutual Funds
Mutual funds on M2U ID App allow customers to invest from
Rp100,000, including Sharia-compliant options, through a
seamless digital experience.
Bonds
Government bonds on M2U ID App provide access to
retail and Sharia-compliant securities in Rupiah or foreign
currencies, backed by the Government of Indonesia.
Gold
M2U ID App enables customers to buy and manage gold
easily and securely anytime, anywhere, enhancing access to
gold investment opportunities.
Bancassurance
M2U ID App offers MyProtection Simple & MyProtection Cash
insurance, providing reliable coverage for both life and
health protection.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 23
Page 26
Main Highlights Financial Highlights 26 Operational Highlights 30 Shares Highlights 31 Bond Highlights 33 Corporate Ratings 33 Event Highlights in 2025 34 Maybank Marathon Sustainability Day 2025 38 Awards and Certifications 40
Page 27
TEMUKAN KEKUATAN BERSAMA KOMUNITAS Maybank mendukung semua potensi yang Anda miliki.
Page 28
01 / M A I N H I G H L I G H T S
Financial
Highlights
in million Rupiah
CONSOLIDATED STATEMENT OF FINANCIAL POSITIONS 2025 2024 2023 2022 2021
Total assets 193,717,633 197,179,822 171,803,070 160,813,918 168,712,977
Loans 1) 123,637,221 127,581,015 116,002,006 107,815,087 101,770,531
Loans - net 1) 120,328,393 123,561,591 112,479,905 104,456,619 98,502,884
Financial investments - net
Marketable securities 38,959,714 39,956,998 30,584,181 28,429,318 29,102,397
Investment in shares 196,443 195,182 167,793 170,369 172,312
Allowance for impairment losses (4,509) (1,015) (397) (4,391) (5,453)
Total financial assets - net 39,151,648 40,151,165 30,751,577 28,595,296 29,269,256
Earning assets - net 174,044,804 175,014,964 153,315,630 141,563,727 153,576,899
Deposits from customers 116,194,096 119,003,891 115,502,508 105,706,302 114,898,775
Deposits from other banks 9,129,697 6,020,257 4,782,896 3,165,693 5,162,363
Borrowings 14,041,657 14,426,809 7,744,928 9,949,742 6,917,309
Total liabilities (excluding minority interest) 160,634,150 165,971,431 141,007,036 131,279,968 139,826,538
Total equity 33,083,483 31,208,391 30,796,034 29,533,950 28,886,439
AVERAGE CONSOLIDATED STATEMENT OF FINANCIAL
2025 2024 2023 2022 2021
POSITIONS
Total assets 195,448,728 184,491,446 166,308,494 164,763,448 170,951,506
Loans 1) 125,609,118 121,791,511 111,908,547 104,792,809 103,520,931
Loans - net 1) 121,944,992 118,020,748 108,468,262 101,479,752 100,272,219
Financial investments - net
Marketable securities 39,458,356 35,270,590 29,506,750 28,765,858 26,601,058
Investment in shares 195,813 181,488 169,081 171,341 173,040
Allowance for impairment losses (2,762) (706) (2,394) (4,922) (6,088)
Total financial assets - net 39,651,407 35,451,371 29,673,437 28,932,276 26,768,010
Earning assets - net 174,529,884 164,165,297 147,439,679 147,570,313 156,097,775
Deposits from customers 117,598,994 117,253,200 110,604,405 110,302,539 114,950,911
Deposits from other banks 7,574,977 5,401,577 3,974,295 4,164,028 6,699,245
Borrowings 14,234,233 11,085,869 8,847,335 8,433,526 6,479,466
Total liabilities (excluding minority interest) 163,302,791 153,489,234 136,143,502 135,553,253 142,835,530
Total equity 32,145,937 31,002,213 30,164,992 29,210,195 28,115,976
Note:
1) Include consumer financing receivables
26 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
in million Rupiah
CONSOLIDATED STATEMENTS OF INCOME 2025 2024 2023 2022 2021
Net interest income and sharia 7,221,902 7,105,410 7,233,623 6,977,850 7,117,279
Other operating income 2,326,767 2,152,198 2,034,625 1,760,278 2,090,320
Allowance for impairment losses on financial (976,266) (1,369,376) (1,115,060) (1,266,220) (1,540,064)
instruments and provision for possible losses on non-
earning assets
Other operating expenses (7,425,723) (7,668,968) (6,920,360) (6,681,934) (6,987,873)
Operating income - net 2,122,946 1,588,640 2,347,888 2,056,194 2,219,726
Non operating income/(expenses) - net 99,847 11,673 6,786 (15,968) (17,064)
Income before tax expense 2,222,793 1,600,313 2,354,674 2,040,226 2,202,662
Tax expense - net (520,598) (401,670) (536,924) (507,015) (501,734)
Income/(loss) for the year 1,702,195 1,198,643 1,817,750 1,533,211 1,700,928
Income/(loss) for the year attributable to:
Equity holders ot the parent company 1,657,366 1,115,963 1,743,406 1,471,070 1,666,316
Non-controlling interest 44,829 82,680 74,344 62,141 34,612
Total comprehensive income/(loss) for the year - net 2,346,270 1,219,342 1,869,253 1,151,472 1,794,195
of tax
Total comprehensive income/(loss) for the year
attributable to:
Equity holders ot the parent company 2,292,827 1,133,078 1,793,756 1,087,721 1,755,903
Non-controlling interest 53,443 86,264 75,497 63,751 38,292
Basic earings/(loss) per share 22 15 23 19 22
Shares data:
The amount of shares issued and paid-up 76,215,196 76,215,196 76,215,196 76,215,196 76,215,196
(thousands)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 27
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01 / M A I N H I G H L I G H T S
FINANCIAL RATIOS 2025 2024 2023 2022 2021
Capital
Capital Adequacy Ratio (Ratio CAR Total), Including 27.31% 25.55% 27.74% 26.65% 27.10%
ATM figures
Fixed assets to capital 16.53% 18.34% 17.64% 18.02% 18.73%
Asset Quality
Non performing earnings assets to earnings assets 1.47% 1.82% 2.08% 2.49% 2.32%
Non Performing Earning Asset Assets and Non 1.08% 1.36% 1.55% 1.88% 2.71%
Performing Non-Productive Assets to Total Earning
Asset Assets and Non-Productive Assets
Non performing loan (NPL) 1) 2.17% 2.68% 2.92% 3.46% 3.69%
Non performing loan - net (NPL - net) 1) 1.31% 1.42% 1.88% 2.34% 2.56%
Allowance for impairment losses on financial assets 1.97% 2.35% 2.36% 2.45% 2.18%
to earning assets
Fullfillment of required allowance for possible losses 118.71% 108.37% 123.03% 110.56% 95.59%
Rentability
Return on assets (ROA) 1.16% 0.85% 1.41% 1.25% 1.34%
Return on equity (ROE) 5.54% 3.93% 6.20% 5.44% 6.36%
Net interest margin (NIM) 4.31% 4.37% 4.96% 4.89% 4.69%
Operating expenses to operating revenues (BOPO) 86.33% 89.56% 83.13% 83.10% 82.69%
Net interbank taking to Tier I Capital 20.53% 10.46% 8.00% 2.30% -33.81%
Liabilities to total equity 4.86 5.32 4.58 4.45 4.84
Liabilities to total assets 0.83 0.84 0.82 0.82 0.83
Cost to Income Ratio (CIR) 68.52% 69.02% 63.84% 63.25% 59.62%
Liability
Loans to Deposits (LDR) 2) 90.31% 89.84% 84.25% 86.92% 76.28%
Compliance
Percentage of violations and exceedances of the 0.00% 0.00% 0.00% 0.00% 0.00%
Maximum Credit Limit (BMPK), including the amount
and quality of provision or distribution of funds to
related parties.
Minimum Statutory Reserves (GWM) Rupiah
Primary 2) 5.07% 8.33% 7.12% 8.47% 4.13%
Macroprudential Liquidity Buffer (PLM) 2) 23.07% 20.40% 26.98% 26.78% 26.78%
Minimum Statutory Reserves (GWM) Foreign Currency 2) 4.37% 4.38% 4.58% 4.45% 4.47%
Net Open Position (NOP) 2) 4.67% 5.70% 4.61% 2.61% 3.38%
Note:
1) Include consumer financing receivables
2) Bank only
28 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Total Assets Loans
(in billion Rupiah) (in billion Rupiah)
127,581
197,180
193,718
123,637
116,002
171,803
168,713
107,815
160,814
101,771
2025 2024 2023 2022 2021 2025 2024 2023 2022 2021
Customers’ Deposits Net Interest Income
(in billion Rupiah) (in billion Rupiah)
7,234
119,004
7,117
7,105
115,503
7,222
114,899
116,194
6,978
105,706
2025 2024 2023 2022 2021 2025 2024 2023 2022 2021
Non-Interest Income Profit Before Tax
(in billion Rupiah) (in billion Rupiah)
2,355
2,327
2,203
2,223
2,152
2,040
2,090
2,035
1,760
1,600
2025 2024 2023 2022 2021 2025 2024 2023 2022 2021
Profit After Tax and Minority
Interest (PATAMI)
(in billion Rupiah)
1,743
1,666
1,657
1,471
1,116
2025 2024 2023 2022 2021
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 29
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01 / M A I N H I G H L I G H T S
Operational
Highlights
OPERATIONAL HIGHLIGHTS
Description 2025 2024 2023 2022 2021
1. Total Employees 6,635 6,992 6,965 6,922 6,803
2. Total Branch Offices 97 97 97 97 98
3. Total Sub Branch Offices 181 217 240 248 258
4. Total ATMs 635 721 739 869 1,033
5. Total Cash Recycle Machines (CRM) 26 26 26 26 -
6. KCP Mobile 22 22 22 22 22
7. Digital Transaction (Rp Billion) 126,778 141,121 129,632 114,626 95,264
GLOBAL BANKING SEGMENT Rp Trllion
Description 2025 2024 2023 2022 2021
Deposits from Customer 30.1 29.8 31.4 24.3 34.9
Current Account 11.9 12.2 11.5 9.4 12.0
Saving Account - - - - -
Time Deposits 18.2 17.6 19.9 14.9 22.9
Total Loans 36.5 44.7 41.7 40.6 38.0
CFS NON-RETAIL SEGMENT Rp Trllion
Description 2025 2024 2023 2022 2021
Deposits from Customer 46.4 44.0 38.3 38.6 36.2
Current Account 29.2 23.7 20.0 20.4 18.9
Saving Account 0.7 0.7 0.7 0.7 0.7
Time Deposits 16.5 19.5 17.6 17.4 16.6
Total Loans 38.8 36.9 30.8 28.2 29.5
CFS RETAIL SEGMENT Rp Trllion
Description 2025 2024 2023 2022 2021
Deposits from Customer 39.7 45.2 45.7 42.8 43.8
Current Account 3.2 3.7 4.2 2.6 1.5
Saving Account 21.9 22.6 22.5 21.2 21.2
Time Deposits 14.6 18.9 19.0 19.1 21.1
Total Loans 48.4 46.0 43.5 39.0 34.3
30 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Shares
Highlights
INITIAL PUBLIC OFFERING
Maybank Indonesia is one of the leading private banks in Indonesia, part of the Malayan Banking Berhad (Maybank)
group, one of the largest financial services provider groups in ASEAN. Previously Maybank Indonesia was known as PT
Bank Internasional Indonesia Tbk (BII), which was founded on 15 May 1959, obtained its license as foreign exchange
bank in 1988 and listed its shares as a public company in Jakarta and Surabaya Stock Exchange (now merged into the
Indonesia Stock Exchange) in 1989.
SHARE PRICE PERFORMANCE
Price
Market
Transaction Total Shares
Year Quarter Capitalisation
Highest Lowest Closing Volume Outstanding
(Rupiah)
(Rupiah) (Rupiah) (Rupiah)
I 208 188 190 32,985,100 76,215,195,821 14,480,887,205,990
II 210 179 202 56,507,500 76,215,195,821 15,395,469,555,842
2025
III 220 195 208 103,696,000 76,215,195,821 15,852,760,730,768
IV 218 200 206 109,164,600 76,215,195,821 15,700,330,339,126
I 272 240 258 121,178,800 76,215,195,821 19,663,520,521,818
II 262 199 208 69,309,500 76,215,195,821 15,852,760,730,768
2024
III 258 208 232 225,427,400 76,215,195,821 17,681,925,430,472
IV 232 206 208 56,387,600 76,215,195,821 15,852,760,730,768
BANK STOCK TRADING IN THE LAST 2 YEARS
Description 2025 2024
Highest Price (in Rupiah) 220 272
Lowest Price (in Rupiah) 179 199
Closing Price (in Rupiah) 206 208
Market Capitalisation (in billion Rupiah) 15,700 15,853
Net Income per Share (in Rupiah) 21.75 14.64
Book Value per Share (in Rupiah) 434 409
P/E (x) 9.47 14.07
P/BV (x) 0.47 0.50
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 31
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01 / M A I N H I G H L I G H T S
SHARES PERFORMANCE
2025
Closing Price (Rp) Transaction Volume (Shares)
300 30,000,000
250 25.000,000
200 20,000,000
150 15,000,000
100 10,000,000
50 5,000,000
0 0
January February March April May June July August September October November December
2024
Closing Price (Rp) Transaction Volume (Shares)
400 80,000,000
350 70,000,000
300 60,000,000
250 50,000,000
200 40,000,000
150 30,000,000
100 20,000,000
50 10,000,000
0 0
January February March April May June July August September October November December
CORPORATE ACTIONS SUSPENSION AND/OR DELISTING
Through 31 December 2025 and 31 December 2024, Throughout 2025 and 2024, Maybank Indonesia was
Maybank Indonesia did not undertake any corporate not subjected to any stock trading sanctions, including
actions resulting in alterations to its shares, such as temporary suspension of stock trading (suspension)
stock splits, reverse stock combinations, stock dividends, or removal from stock listing (delisting) on the stock
bonus shares, changes in par value of shares, issuance exchang.
of convertible securities, and capital increases and
decreases.
32 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Bond
Highlights
OUTSTANDING BONDS IN THE PAST TWO YEARS
Nominal Date of
Amount Interest Tenor Date of Listing Maturity Payment
Bond Series Rating
(in Millions Rate (year) Issue on the Date Status
Rupiah) Exchange
Shelf Registered Bonds IV Bank Maybank Indonesia Tranche I Year 2022
Series B 300,000 6.25% 3 idAAA 8 July 11 July 8 July Paid
(Pefindo) 2022 2022 2025
Series C 300,000 6.80% 5 idAAA 8 July 11 July 8 July Not Paid
(Pefindo) 2022 2022 2027 Off
Shelf Registered Bonds III Bank Maybank Indonesia Tranche I Year 2019
Series C 68,000 8.70% 5 idAAA 3 July 2019 4 July 3 July Paid
(Pefindo) 2019 2024
Shelf Registered Bonds II Bank Maybank Indonesia Tranche I Year 2017
Series B 300,000 8.50% 7 idAAA 11 July 2017 12 July 2017 11 July 2024 Paid
(Pefindo)
Series C 100,000 8.65% 10 idAAA 11 July 2017 12 July 2017 11 July 2027 Not Paid Off
(Pefindo)
Corporate
Ratings
No Rating Agencies Rating Date Criteria Rating
1 PEFINDO March 2026 Corporate Rating idAAA, Stable Outlook
Shelf Registered Bond IV/2022 idAAA
Shelf Registered Bond II/2017 idAAA
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 33
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01 / M A I N H I G H L I G H T S
Event
Highlights in 2025
Maybank Indonesia Presents: Sharing
11-12 Experience Event CONNE3CT
The Experience Sharing Event CONN3CT was held on 11–12
January
January at Istora Senayan, Jakarta, with Maybank Indonesia
Shariah Business Unit as the main sponsor. Building on the
success of CONNECT°2 2024, the event featured an interactive,
collaborative format and welcomed international scholars,
including Mufti Menk, alongside prominent national figures.
Maybank Indonesia Drives Sustainable 13
Shariah Economy through Shariah Thought January
Leaders Forum
Maybank Indonesia is strengthening the Shariah economy by
integrating sustainability into its core financial services. Beyond
improving service delivery, the Bank is embedding ESG principles
across all operations. To champion this transition, the Maybank
Shariah Thought Leaders Forum 2025 was convened, focusing
on shifting Sharia finance “From Niche to Mainstream” for a
resilient financial future.
21 Maybank Indonesia Hosts Sales Service
January Summit Awards 2025
Maybank Indonesia hosted the Sales Service Summit Awards
2025 in Bandung on 21 January. This annual event aligns
branch offices with the Bank’s strategic vision while honoring
top-performing Maybankers. Under the theme “Raise the Bar”,
the summit celebrates excellence and reinforces teamwork,
signaling that Maybankers remain resilient and ready to
overcome any challenge to achieve future targets.
Maybank Indonesia, Muhammadiyah, and LP 27
POM MUI Join Forces to Facilitate MSME Halal February
Certification
Maybank Indonesia, through its Sharia Business Unit, is
partnering with Muhammadiyah and LPPOM MUI to facilitate
halal certification for 1,500 MSMEs across Jakarta, Surabaya, and
Yogyakarta. This initiative reinforces Maybank’s role as a growth
partner, empowering businesses beyond funding by providing
essential halal education and expanded market access for
Indonesian entrepreneurs.
34 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Maybank Indonesia and Allianz Life
Launch MyProtection Future Insurance
Maybank Indonesia and Allianz Life Indonesia have
4
March
launched MyProtection Future, a joint insurance product
tailored to diverse customer needs. The launch, attended
by Allianz Life Indonesia Country Manager & President
Director Alexander Grenz and Maybank Indonesia Director
Bianto Surodjo, strengthens their partnership in providing
versatile protection options within the bank’s financial
service ecosystem.
11 Maybank Indonesia Holds 2025 Annual General
Meeting of Shareholders (AGMS)
April Maybank Indonesia held its 2025 AGMS on 11 April, approving eight
agendas, including the 2024 financial statements. The meeting
reappointed Dato’ Khairussaleh Ramli as President Commissioner
and authorised a dividend distribution of 40% of net profit, with the
remaining 60% designated as retained earnings to support the Bank’s
future growth.
Maybank Indonesia Provides Syndicated 14
Loan for VinFast Assembling Plant May
Maybank Indonesia and BNI signed a Rp1.85 trillion (US$110
million) syndicated loan agreement, plus an $80 million
accordion facility, for VinFast’s electric vehicle assembly
plant in Subang, West Java. This funding supports
VinFast’s global expansion and production capabilities,
underscoring the manufacturer’s strong reputation and
growth potential among major financial partners in
Indonesia.
17 Maybank Indonesia and Indonesia Eximbank
June Establish Strategic Partnership
Maybank Indonesia and Indonesia Eximbank (LPEI) have signed
a multicurrency revolving credit facility in IDR and USD to bolster
national export growth. The ceremony was attended by LPEI Acting
Managing Director Anwar Harsono and Maybank Indonesia Director
of Global Banking Ricky Antariksa, marking a strategic commitment to
strengthening Indonesia’s trade sector.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 35
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01 / M A I N H I G H L I G H T S
Maybank Indonesia Partners with Asuransi
14 Umum Mega Syariah to Launch Shariah Fire
July Insurance Product
The Shariah Banking Unit of Maybank Indonesia and Asuransi
Umum Mega Syariah have agreed to partner in the launch of
a Shariah Fire Insurance product. Maybank Indonesia’s Head
of Shariah Product Management, Baginda Saumar, said the
collaboration supports Maybank’s Shariah First strategy and
offers Shariah-compliant financial protection for its customers.
Maybank Marathon 2025 Concludes 24
Successfully August
Maybank Indonesia hosted the 14th iteration of Maybank
Marathon in Gianyar, Bali, on 24 August. As an Elite Label race,
it drew 13,600 runners from 52 countries, with 11% being foreign
nationals. Featuring 12 international elite runners and a Rp2.7
billion prize pool for 102 winners, the event further cemented its
status as a world-class marathon.
3 Maybank Indonesia & Nanobank Syariah Sign
September MoU on SRIA
Maybank Indonesia and Nanobank Syariah have agreed to form
a strategic partnership through the implementation of Shariah
Restricted Investment Account (SRIA) transactions. The signing
of the SRIA Facility Agreement (Mudharabah Muqayyadah)
was conducted by the President Director of Maybank Indonesia,
Steffano Ridwan, and the President Director of Nanobank
Syariah, Halim.
Maybank Indonesia Partners with Etiqa to 17
Launch Travel 360 Insurance September
Maybank Indonesia, together with Asuransi Etiqa International
Indonesia, a member of the Maybank Group, officially launched
a comprehensive travel insurance product called Travel 360
Insurance. This product is expected to meet the needs of people
who are increasingly active in travel, both domestically and
abroad. The launch was attended by the President Director of
Maybank Indonesia, Steffano Ridwan, and the President Director
of Asuransi Etiqa International Indonesia, Mochamad Reza.
36 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
Maybank Indonesia Disburses
Sustainability-Linked IMBT Syndicated 16
Facility for PLN Batam Project October
PT PLN Batam signed a Sustainability-Linked IMBT
Syndicated Financing agreement with Maybank Indonesia,
CIMB Niaga, and Sarana Multi Infrastruktur. This innovative
funding supports the construction of the 120 MW Batam
Gas and Steam Power Plant. Led by Maybank, the deal
aligns with their strategy to promote energy independence
and long-term sustainability.
10 Maybank Indonesia Appointed as Custodian of
November KIK EBA Syariah
Maybank Indonesia was appointed by BRI Investment Management
as the custodian bank for the BRI-MI Jakarta Lingkar Barat Satu Sharia
Asset-Backed Securities (KIK EBA). This historic first sharia-compliant
KIK EBA issuance in Indonesia reinforces Maybank’s commitment to
driving innovation and strengthening sharia financial capabilities
across its business.
Maybank Indonesia Hosts Maybank 30
Cycling Series Il Festino 2025 November
Maybank Indonesia successfully hosted the Maybank
Cycling Series Il Festino 2025, an initiative that underscores
the bank’s commitment to sportsmanship, sustainability,
and community empowerment. Sanctioned by the
Indonesian Cycling Federation (ICF) under International
Cycling Union (UCI) standards, the event drew inspiration
from the Giro d’Italia, offering two competitive categories:
the 137 km Gran Fondo and the 87 km Medio Fondo.
1 Maybank Indonesia Partners with UGM to Drive
December Sharia Financial Ecosystem Growth
Universitas Gadjah Mada (UGM) and Maybank Indonesia signed an
MoU to enhance collaboration in education, research, and community
service while advancing the shariah financial ecosystem. Maybank
Indonesia Shariah Banking Director Romy Buchari noted Maybank’s
position as ASEAN’s largest shariah institution, emphasising that
its Rp200 trillion assets and global scale bolster inclusive financial
solutions.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 37
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01 / M A I N H I G H L I G H T S Maybank Marathon Sustainability Day 2025 38 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 39
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01 / M A I N H I G H L I G H T S
Awards and
Certifications
INTERNATIONAL REGIONAL
- Sustainable Finance Awards 2025 - Islamic Finance News (IFN) Awards - Asian Banking & Finance Retail
Category 2025 Banking Awards 2025
Best Bank in Sustainable Finance in Category Category
Indonesia Most Innovative Islamic Bank • Wealth Management Platform of the
Organiser Organiser Year - Indonesia
Global Finance REDmoney • Islamic Banking Initiative of the Year
- Indonesia
- Global SME Banking Innovation - Employee Experience Award 2025 • SME Digital Innovation of the Year -
Awards 2025 Category Indonesia
Category • Best HR Digital Transformation & • Sustainability Initiative of the Year -
Best SME Bank - Indonesia Strategy Category Silver Indonesia
Organiser • Best HR Communication Strategy - Organiser
The Digital Banker Category Silver Asian Banking & Finance
• Best in House Candidate Experience
- Euromoney Private Banking Awards - Category Silver - J.P. Morgan
2025 • Best Talent Sourcing and Attraction Category
Category Strategy - Category Bronze • 2025 Elite Quality Recognition Award
• Indonesia’s Best for Digital Solutions • Best Holistic Leadership Development US Dollar Clearing MT 202 100%
• Indonesia’s Best for High Net Worth Program • 2025 Elite Quality Recognition Award
Organiser Organiser US Dollar Clearing MT 103 99.76%
Euromoney Human Resources Online • 2025 Elite Quality Recognition Award
Euro Cleaning MT 103 99.26%
- Euromoney Awards for Excellence - Chief Human Resources Officer Organiser
2025 (CHRO) Awards 2025 J.P. Morgan
Category Category
• Best SME Bank – Indonesia • Best Place to Work – Maybank - JCB Indonesia Awards 2026
• Best Bank for ESG - Indonesia Indonesia Category
Organiser • Chief Human Resources Officer of • Best New Card Acquisition in
Euromoney the Year 2025 – Irvandi Ferizal Platinum Products in Indonesia 2025
Organiser • Best Total Sales Volume in Platinum
- Euromoney 1st Transaction Banking HR Asia Products in Indonesia 2025
Awards Organiser
Category JCB
Best Trade Finance Deal 2025 -
Indonesia - ASEAN Corporate Governance
Organiser Conference & Awards 2025
Euromoney Category
ASEAN Assets Class Public Listed
- Mastercard Forum 2025: Driving Company
Tomorrow – Innovation in Action Organiser
Category ASEAN CGCA
Best Personalized Card – Maybank
White Card
Organiser
Mastercard
40 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 01 / M A I N H I G H L I G H T S
NATIONAL
- Contact Center Service Excellence - 14th Infobank & Isentia Digital Brand - Baznas Award 2025
Award (CCSEA) 2025 Awards 2025 Category
Category Category Pengumpulan Zakat Karyawan Terbaik
• 1st Rank Correspondent Email • The Best Deposits Conventional Bank - Kategori Mitra Terbaik
• 2nd Rank Reguler Credit Card KBMI 3 - Asset IDR150 to <IDR200 Organiser
• 3rd Rank Platinum Credit Card Trillion Badan Amil Zakat Nasional Republik
• 4th Rank Reguler Banking • The Best Internet Banking Indonesia
Organiser Conventional Bank KBMI 3 - Asset
CARRE IDR150 to <IDR200 Trillion - 14th Infobank Sharia Financial
• The Best Debit Card Conventional Institution Award 2025
- Infobank Satisfaction, Loyalty, Bank KBMI 3 - Asset IDR150 to <IDR200 Kategori
Engagement (SLE) Award 2025 Trillion The Excellence Performance Banking
Category • The Best Mobile Banking Sharia Business Unit 2025
• The 3rd Most Outstanding KBMI 3 Conventional Bank KBMI 3 - Asset Penyelenggara
Bank in Satisfaction, Loyalty, and IDR150 to <IDR200 Trillion Infobank
Engagement • The Best Savings Account
• The 3rd Best KBMI 3 Bank in Customer Conventional Bank KBMI 3 - Asset - Asia Sustainability Reporting Rating
Loyalty IDR150 to <IDR200 Trillion (ASRRAT) 2025
• The 3rd Best KBMI 3 Bank in Marketing • The Best Conventional Bank KBMI 3 - Category
Engagement Asset IDR150 to <IDR200 Trillion SILVER Rating
• The 3rd Best KBMI 3 Bank in • The 2nd Best Credit Card Organiser
Engagement Conventional Bank KBMI 3 - Asset National Center for Corporate
• The 3rd Most Satisfying KBMI 3 Bank in IDR150 to <IDR200 Trillion Reporting
Branch Office Organiser
• The Best KBMI 3 Bank in Brand Infobank - Investing on Climate - Editors’ Choice
Interactivity Awards 2025
• The Best KBMI 3 Bank in Customer - Indonesia Human Capital Awards Category
Centricity (IHCA) 2025 • Best Climate Financing
• The Best KBMI 3 Bank in Customer Category • Best Social Impact
Resilience Best Human Capital 2025 for Optimizing Organiser
Organiser Productivity Through Innovative and Investing on Climate
Infobank Sustainable HR Management
Organiser - CXtraordinary Tech Executive Award
Warta Ekonomi 2025
Category
- Fortune Indonesia CXtraordinary Tech Executive Award
Category 2025
Fortune Indonesia 100 - Indonesia’s Organiser
Biggest Companies 2025 (Rank 77 in Carre CX
2024 from 79 in 2023)
Organiser
IDN Fortune
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 41
Page 44
Management Report Board of Commissioners’ Report 44 Board of Directors’ Report 54 Sharia Supervisory Board Report 70 Statements of Responsibility for 2025 Annual 72 Report by the Board of Commissioners of PT Bank Maybank Indonesia Tbk Statements of Responsibility for 2025 Annual 73 Report by the Board of Directors of PT Bank Maybank Indonesia Tbk
Page 45
MEWARISKAN NILAI BERMAKNA Raih impian dengan nabung di Maybank Tabungan/Tabungan iB
Page 46
02 / M A N A G E M E N T R E P O R T Board of Commissioners’ Report Dato’ Sri Khairussaleh Ramli PRESIDENT COMMISSIONER 44 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 02 / M A N A G E M E N T R E P O R T
DEAR SHAREHOLDERS AND STAKEHOLDERS,
The Board of Commissioners commended the Board of Directors
for maintaining the Bank’s financial fundamentals amid evolving
economic dynamics and a competitive industry landscape.
Maybank Indonesia sustained healthy credit growth across
its key segments in CFS Retail and Non-Retail while driving
improvements in both interest-based and non-interest income
through portfolio optimisation and enhanced customer service.
Throughout 2025, the national banking industry navigated BOARD OF DIRECTORS’ PERFORMANCE
a dynamic landscape shaped by global uncertainties, ASSESSMENT
evolving geopolitical developments, and the monetary Throughout 2025, the Board of Commissioners carried
policy direction of advanced economies, which continued out its strategic oversight role with a firm commitment to
to draw market attention. Domestically, Indonesia’s fostering strong governance founded on integrity and a
economy remained resilient, supported by solid domestic clear focus on long-term value creation for stakeholders.
demand, well-contained inflation, and a relatively stable We recognised that the global and domestic environment
financial system. Within this context, Maybank Indonesia during the year was highly dynamic, ranging from
continued to safeguard sustainable performance by geopolitical uncertainties affecting capital flows and
strengthening business fundamentals, consistently trade to market pressures influencing credit demand
applying prudential principles, and enhancing customer and interest rate structures. Indonesia’s economy, while
service capabilities. recording solid growth in recent years, was not immune
to structural challenges and external volatility. Within this
The Board of Commissioners viewed that throughout 2025, context, we assessed that Maybank Indonesia was able
Maybank Indonesia demonstrated a strong commitment to preserve its operational resilience and maintain solid
to improving performance and enhancing resilience financial performance amid these dynamics.
through the implementation of its focused strategy,
enhanced risk management, and disciplined adherence
to sound corporate governance. The Bank also continued
to advance its transformation agenda in alignment with
the Maybank Group strategy, including accelerating
digital initiatives and optimising synergies across business
segments. The Board of Commissioners is confident that
this solid foundation will enable Maybank Indonesia to
continue creating long-term value for shareholders and
all stakeholders in the years ahead.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 45
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02 / M A N A G E M E N T R E P O R T
The Board of Commissioners further observed that, Total loans recorded a 3.1% decline to Rp123.6 trillion
under the current leadership of the Board of Directors, following portfolio rebalancing strategy in Global Banking
Maybank Indonesia has implemented strategic initiatives segment. This decline was nevertheless mitigated by
aligned with the Maybank Group’s transformation sound growth both in CFS Retail and Non-Retail segments.
direction. Throughout 2025, the Board of Directors
continued to strengthen synergies through the “One Overall, the Board of Commissioners assessed that
Maybank” approach, accelerated digitalisation efforts, the Bank’s performance throughout 2025 reflects
and maintained a focus on quality credit composition strengthened fundamentals and disciplined execution,
supported by prudent risk management. The year 2025 positioning Maybank Indonesia well for the next phase of
also held strategic significance as the concluding phase growth.
of the M25+ strategy implementation, which has served
as a critical foundation in strengthening the Bank’s Beyond financial performance, the Board of
capabilities, enhancing competitiveness, and ensuring Commissioners also placed strong emphasis on
business relevance amid evolving customer needs and strengthening technology governance and data security
industry developments. in line with the growing demand for digital services.
Rigorous oversight continued to be exercised over
The Bank improved its financial fundamentals amid cybersecurity policies, customer data protection, and
evolving economic dynamics and a competitive industry the resilience of information technology infrastructure,
landscape. Maybank Indonesia sustained healthy credit ensuring they consistently met the highest standards
growth across its key segments in CFS Retail and Non- and complied with applicable regulations. Through
Retail while driving improvements in both interest-based regular evaluations and periodic audits, the Board
and non-interest income through portfolio optimisation of Commissioners ensured that the Bank’s digital
and enhanced customer service. Productivity and cross- transformation progressed securely and remained firmly
business unit collaboration has also improved as part customer-centric.
of the implementation of Maybank Group’s strategic
programmes. On the back of the many achievements in the financial
performance and sound fundamentals, the Bank has also
The Bank’s profit before tax grew 38.9% in 2025, supported been recognised with several key awards that reflected
by better cost management and continued reduction in Maybank Indonesia’s success in delivering innovative
loan loss provisions in line with asset quality improvement. financial solutions, particularly for the SME and non-retail
segments. These recognitions underscored the Bank’s
In 2025, Net Interest Income (NII) rose 1.6% to reach success in strengthening its position as one of Indonesia’s
Rp7.2 trillion in line with measured asset and liability leading financial institutions, supported by the Maybank
management. Net Interest Margin (NIM) was at 4.31%. Group’s regional network.
Non-interest income also increased 8.1% reaching Rp2.3 With consistent implementation of sound corporate
trillion, reflecting positive contributions from various governance, disciplined risk management, and internal
non-interest income sources, including fees from controls, as well as a strong commitment to sustainability,
Global Markets transaction, asset recovery, and Wealth the Board of Commissioners is confident that Maybank
Management segment. Indonesia is well-positioned to navigate future challenges
while responsibly capturing growth opportunities.
Following the conclusion of M25+, Maybank Indonesia
entered the next phase of its transformation through the
ROAR30 aspiration, which focuses on building sustainable
business growth supported by a scalable business model
46 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 02 / M A N A G E M E N T R E P O R T
to extend benefits in a measured manner, underpinned OVERSIGHT OF THE BANK STRATEGY
by the strengthening of the Bank’s foundations FORMULATION AND EXECUTION
encompassing governance, risk management, human Throughout 2025, the Board of Commissioners closely
capital, and infrastructure. This ensures that all strategies monitored the formulation and execution of the Bank’s
are executed consistently, resiliently, and with a long- strategy, focusing on ensuring alignment among the
term orientation. The Board of Commissioners remains strategic directions set by the Board of Directors, the
optimistic that the Board of Directors will continue to Maybank Group’s guidelines, and the continuously
advance the Bank’s transformation agenda towards evolving macroeconomic and banking industry
ROAR30 and deliver long-term value for all stakeholders. landscape. The Bank’s primary strategic framework
implemented during the year was M25+, the Maybank
RESULTS OF OVERSIGHT OF POLICIES AND Group’s five-year strategy that emphasises long-term
MANAGEMENT BY THE BOARD OF DIRECTORS growth through the strengthening of digital capabilities,
Throughout 2025, the Board of Commissioners exercised the enhancement of the customer experience, the
active and continuous oversight over the policies and acquisition of growth segments, and the embedding of
the conduct of the Bank’s management by the Board the Humanising Financial Services values. This strategy
of Directors. Oversight is conducted through Board has served as a key foundation in developing initiatives
of Commissioners meetings, joint meetings with the that support quality and inclusive growth within Maybank
Board of Directors, and deliberations at the committee Indonesia.
level. Within these forums, the Board of Commissioners
carefully reviewed a wide range of strategic and From an implementation perspective, the Board of
operational matters, including financial performance, risk Commissioners views that the Board of Directors has
management, regulatory compliance, and the overall translated these strategic aspirations into measurable
development of the Bank’s business. operational plans, particularly in strengthening priority
business segments, advancing digital banking initiatives,
The Board of Commissioners assessed that the Board and enhancing human capital capabilities to support
of Directors managed the Bank by upholding the execution. The Board of Commissioners’ oversight
principles of prudence, accountability, and compliance also encompassed monitoring the progress of M25+
with applicable regulations. In responding to external implementation in areas such as service digitalisation,
dynamics and industry challenges throughout 2025, process efficiency, and adaptive measures in response to
the Board of Directors proactively adjusted policies and changing customer needs and banking industry trends.
management actions to safeguard performance stability, The Board of Commissioners assessed that the Board of
asset quality, and business sustainability. The Board of Directors’ engagement in refining operational strategies
Commissioners also observed that the Board of Directors’ demonstrated an adequate response to external
decision-making processes were supported by adequate challenges and market opportunities.
risk considerations and strengthened cross-functional
coordination. The outcomes of this oversight indicated that the
Bank’s strategy throughout 2025 was executed with an
In addition, the Board of Commissioners consistently approach oriented towards sustainable value creation,
provided the Board of Directors with advice, guidance, while remaining mindful of prudent risk management
and recommendations on strategic and operational and governance practices. The Board of Commissioners
matters requiring particular attention. The Board of noted that, while certain areas may still require further
Commissioners viewed that the working relationship optimisation in the short term, the strategic initiatives
between the Board of Commissioners and the Board of undertaken reflected the Board of Directors’ strong
Directors throughout 2025 was constructive, professional, commitment to enhancing the Bank’s competitiveness
and aligned with the principles of good corporate and preparing a more robust foundation for future growth.
governance, thereby supporting the overall effectiveness This remains particularly relevant as the Maybank Group
of the Bank’s management. transitions from M25+ to the next phase of its medium-
term strategy, ROAR30, which will commence in the
subsequent period as an acceleration of growth and
broader value creation towards 2030.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 47
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02 / M A N A G E M E N T R E P O R T
VIEW ON THE BANK’S BUSINESS PROSPECTS We also support the Board of Directors in placing strategic
PREPARED BY THE BOARD OF DIRECTORS emphasis on expanding loan segments and non-
Entering 2026, the Board of Commissioners carefully interest income, with realistic growth targets. For 2026,
reviewed the business outlook for Maybank Indonesia, Maybank Indonesia has set credit growth targets within
as formulated by the Board of Directors in the Bank’s a prudent and achievable range, reflecting the Bank’s
Business Plan (RBB) and the Sustainable Finance Action commitment to grow faster than the national economy
Plan (RAKB), with confidence, while remaining vigilant to while supporting financing for MSMEs and other priority
evolving domestic and global economic dynamics. We segments. These targets are aligned with credit demand
assessed that the business outlook has been developed prospects in a stable economy and remain consistent
by duly considering a range of macroeconomic with the Bank’s prudent risk management framework. In
challenges, developments in the banking industry, addition, the continued development of digital products
potential forward-looking scenarios, as well as the and services, cross-business-unit synergies under the
strategic policy direction set out in the ROAR30 strategy One Maybank approach, and enhancements to Wealth
roadmap, which represents a continuation and expansion Management service capabilities are expected to
of the M25+ foundation as the Maybank Group’s medium- contribute to income diversification and strengthen the
term strategy towards 2030. The ROAR30 strategy is Bank’s market position.
anchored on three key pillars: (1) Reinforcing the Purpose
of Humanising Financial Services through Value- Looking ahead, the Board of Commissioners is confident
Based Offerings; (2) Building Business at Scale; and (3) that Maybank Indonesia is well-positioned to face
Strengthening Our Foundation. the challenges of 2026 by upholding the principles of
prudence, disciplined risk management, and responsible
From a macroeconomic perspective, Indonesia’s capture of growth opportunities. The synergy between
economic outlook for 2026 is expected to remain stable, robust strategic planning, effective execution by the
with moderate growth, supported by robust domestic Board of Directors, and strong support for the ROAR30
activity, sustained consumption demand, and prudent strategy will be a key factor in strengthening the Bank’s
fiscal and monetary policy. Bank Indonesia projects competitiveness, enhancing stakeholder value, and
national GDP growth of 4.9–5.7% in 2026 and 5.1–5.9% in expanding positive contributions to the Indonesian
2027, while banking credit growth is expected to remain economy and the wider community.
below its optimal level at 8–12% in 2026 and 9–13% in 2027.
This reflects significant growth potential for the domestic VIEW ON THE IMPLEMENTATION OF BANK
banking intermediation sector. In this context, the Board GOVERNANCE
of Commissioners viewed that the realistic, risk-based The Board of Commissioners believes that implementing
growth strategy designed by the Board of Directors Good Corporate Governance (GCG), now more broadly
positions the Bank well to support broader credit recovery referred to as corporate governance, is a fundamental
and business expansion across its key segments. pillar for safeguarding the Bank’s sustainability, protecting
stakeholder interests, and ensuring compliance with
The Board of Commissioners assessed that implementing prevailing laws and regulations. In this context, the Board
the ROAR30 strategy provides a clear framework for the of Commissioners is of the view that Maybank Indonesia
Board of Directors to steer the Bank into a new phase of has demonstrated a strong commitment to upholding
more resilient, sustainable growth. This plan aligns with corporate governance principles in accordance with
the Maybank Group’s aspiration to improve Return on established guidelines, while consistently enhancing GCG
Equity (ROE) to the range of 13%–14% by 2030 through practices across all levels of the organisation.
the development of service models focused on superior
customer experience, accelerated digital transformation, The implementation of corporate governance at
and the expansion of sustainable financing and Maybank Indonesia is structured and guided by three
innovative financial solutions. This creates opportunities key aspects: Governance Structure, Governance Process,
for Maybank Indonesia to further enhance its contribution and Governance Outcome. The Board of Commissioners
not only as a driver of national economic growth, but also assessed that strengthening effective governance
as a regionally competitive banking institution. structures and processes is a critical prerequisite for
48 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 02 / M A N A G E M E N T R E P O R T
achieving governance outcomes aligned with stakeholder In accordance with the Company’s Articles of Association,
expectations while supporting prudent, transparent, and the Board of Commissioners also held regular joint
accountable decision-making. meetings with the Board of Directors at least once
every four months. These joint meetings served as an
As a reflection of this consistency, Maybank Indonesia important platform to strengthen communication,
successfully maintained its self-assessment results align understanding of the Bank’s strategic direction,
on the implementation of GCG, both on an individual and ensure that management policies and decisions
and consolidated basis, with a rating of “2” categorised consistently remained within the framework of prudential
as “Good” for the December 2025 assessment period. principles, good corporate governance, and the
This self-assessment process involved the Board of Company’s long-term interests.
Commissioners, the Board of Directors, independent
parties, executive officers, and relevant independent units, All meetings of the Board of Commissioners, whether
thereby providing a comprehensive view of the quality of conducted internally or jointly with the Board of Directors,
the Bank’s governance implementation. were duly documented in an orderly and accountable
manner. Throughout 2025, the Board of Commissioners
Through this evaluation mechanism, the Board of convened a total of three joint meetings of the Board of
Commissioners ensured that any findings and areas Commissioners and the Board of Directors, as well as 11
requiring further improvement were systematically meetings of the Board of Commissioners, as part of its
followed up with measurable action plans. These ongoing commitment to supporting sound, transparent,
efforts form part of the Bank’s ongoing commitment to and integrity-driven management of the Bank.
continuously improve the quality of GCG implementation,
strengthen public trust, and safeguard the long-term PERFORMANCE ASSESSMENT OF OUR
resilience and competitiveness of Maybank Indonesia. SUPPORTING COMMITTEES
The Board of Commissioners established various
The Bank also continues to implement the Maybank supporting committees that performed their duties
Indonesia Financial Conglomeration (KKMBI) on a independently and professionally to strengthen the
sustainable basis by applying Integrated Governance in execution of the oversight function and to ensure the
accordance with prevailing regulations and best practices effectiveness of the Bank’s management by the Board
of GCG implementation within the banking industry. As of Directors. These committees comprised the Audit
the Main Entity of KKMBI, Maybank Indonesia has actively Committee, Risk Monitoring Committee, Nomination and
implemented Integrated Governance within the Financial Remuneration Committee, and Integrated Governance
Conglomeration both before and since the issuance of the Committee. In addition, in response to the increasing
relevant regulations. complexity of governance and the evolving risk
landscape, the Board of Commissioners established
FREQUENCY AND PROCEDURES FOR GIVING the Whistleblowing Governance Committee and the
ADVICE TO THE BOARD OF DIRECTORS Information and Technology Monitoring Committee to
In carrying out its oversight and advisory functions, strengthen the strategic oversight framework.
the Board of Commissioners consistently convened
meetings as the primary forum for conveying views, Throughout 2025, the Board of Commissioners evaluated
strategic directions, and recommendations to the Board the performance of all committees through the Board
of Directors regarding the management of the Bank. of Commissioners Effectiveness Evaluation framework
Meetings of the Board of Commissioners were held on a to assess the extent to which the committees under
scheduled basis at least once every two months. They the Board of Commissioners had carried out their
may also be convened at any time as deemed necessary, roles and responsibilities effectively, consistently, and
either at the initiative of the President Commissioner, in alignment with internal provisions and prevailing
at the request of two or more members of the Board of governance practices. Based on the results of this
Commissioners, the Board of Directors, or shareholders framework, the Board of Commissioners was of the view
jointly representing at least one-tenth of the total shares that all committees demonstrated a satisfactory level of
with valid voting rights. effectiveness in supporting the execution of the Board of
Commissioners’ oversight function.
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The assessment of committee performance took Commissioners ensured that the handling process was
into account several key aspects, including the carried out objectively and independently, grounded in
effectiveness of the committees in providing constructive prudent principles, and that confidentiality was upheld
recommendations and views to the Board of and whistleblowers protected. In 2025, a total of 39
Commissioners, the role and leadership of the Committee whistleblowing reports were received and followed up on,
Chair in directing the execution of duties, as well as the all of which are related to breaches of the code of ethics.
quality of interaction and dynamics of deliberations in
each committee meeting. These aspects are considered The Board of Commissioners also ensured that any
essential to ensure that oversight decision-making substantiated violations are addressed firmly and
processes are conducted objectively, comprehensively, consistently in accordance with applicable internal
and in accordance with prudent principles. provisions, including the Board of Directors’ Regulation on
Employee Disciplinary Actions and the Collective Labour
The Board of Commissioners viewed that the Agreement (Perjanjian Kerja Bersama/PKB), as well as
contributions of the committees under the Board of relevant laws and regulations. Beyond sanctions, attention
Commissioners throughout 2025 delivered meaningful is also given to systemic improvement efforts to address
value by safeguarding the quality of governance and risk process weaknesses and mitigate the risk of similar
management and ensuring the Bank’s compliance with violations in the future.
regulatory requirements. More detailed information on the
activities, duties, and responsibilities of each committee CHANGES TO THE COMPOSITION OF THE
is presented separately in the Corporate Governance BOARD OF COMMISSIONERS
Chapter of this Annual Report. In 2025, the composition of the Board of Commissioners
of Maybank Indonesia changed. Based on the Annual
VIEW ON THE IMPLEMENTATION OF THE General Meeting of Shareholders held on 11 April 2025,
WHISTLEBLOWING SYSTEM the termination of the term of office of Achjar Iljas
The Board of Commissioners views the Whistleblowing as Independent Commissioner of the Company was
System (WBS) as a vital instrument in strengthening a approved. The entire Board of Commissioners extends
culture of integrity and accountability across all levels its highest appreciation and sincere gratitude for the
of the organisation. The system serves as a channel for dedication, contributions, and valuable service rendered
reporting alleged violations and forms an integral part by Achjar Iljas during his tenure in support of Maybank
of the internal control mechanism to uphold compliance Indonesia’s progress.
with applicable values, ethics, and regulations. In this
context, the Board of Commissioners actively exercised Accordingly, the composition of the Bank’s Board of
its oversight role through regular monitoring, evaluations Commissioners, as of the date of this report, is as follows:
of the system’s effectiveness, and close supervision of • Dato’ Sri Khairussaleh Ramli as President
follow-up actions on every report received. Commissioner
• Edwin Gerungan as Commissioner
Throughout 2025, the Board of Commissioners received • Datuk Lim Hong Tat as Commissioner
periodic reports on the implementation of the WBS, • Dato’ Zulkiflee Abbas Abdul Hamid as Commissioner
including the number of complaints received, the • Hendar as Independent Commissioner
classification of reported violations, and the status of • Putut Eko Bayuseno as Independent Commissioner
their resolution. Based on the reports reviewed, several • Marina R. Tusin as Independent Commissioner
cases related to alleged breaches of the code of ethics • Daniel James Rompas as Independent Commissioner
and standards of conduct. For each report, the Board of
50 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 02 / M A N A G E M E N T R E P O R T
APPRECIATION AND CLOSING In closing this report, the Board of Commissioners is
The Board of Commissioners extends its highest confident that Maybank Indonesia has a solid foundation
appreciation to the Board of Directors and all to continue advancing its transformation agenda and
employees of Maybank Indonesia for their dedication, strengthening its competitiveness going forward, in
professionalism, and strong commitment to executing line with the strategic direction of the Maybank Group.
the Bank’s strategies throughout 2025. Amid an evolving Through the consistent implementation of good corporate
industry landscape, the contributions of all Maybank governance, disciplined risk management and internal
Indonesia personnel have been instrumental in controls, and a strong commitment to sustainability
maintaining operational resilience, enhancing customer principles, the Bank is well-positioned to navigate future
service quality, and driving sustainable performance. The challenges while capturing growth opportunities ahead.
Board of Commissioners also conveys its appreciation The Board of Commissioners remains optimistic that
to shareholders, regulators, business partners, and all Maybank Indonesia will continue to create long-term
stakeholders for their continued trust and support of the value for shareholders and deliver positive contributions
Bank. to the national economy and the wider community.
Jakarta, March 2026
On Behalf of the Board of Commissioners
PT Bank Maybank Indonesia Tbk
DATO’ SRI KHAIRUSSALEH RAMLI
President Commissioner
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BOARD OF COMMISSIONERS
DATO’ ZULKIFLEE ABBAS ABDUL HAMID PUTUT EKO BAYUSENO MARINA R TUSIN EDWIN GERUNGAN
Commissioner Independent Independent Commissioner
Commissioner Commissioner
52 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 02 / M A N A G E M E N T R E P O R T
HENDAR DATO’ SRI KHAIRUSSALEH RAMLI DATUK LIM HONG TAT DANIEL JAMES ROMPAS
Independent President Commissioner Commissioner Independent
Commissioner Commissioner
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 53
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02 / M A N A G E M E N T R E P O R T Board of Directors’ Report Steffano Ridwan PRESIDENT DIRECTOR 54 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 02 / M A N A G E M E N T R E P O R T
DEAR SHAREHOLDERS AND STAKEHOLDERS,
Amid the market pressures and challenging economic
conditions of 2025, Maybank Indonesia delivered solid
performance across its core business lines, achieving
positive year-over-year growth. Global Markets, SMEs, and
automotive financing through subsidiaries demonstrated
steady growth.
2025 was a dynamic and challenging period. In the MACROECONOMIC AND BANKING INDUSTRY
external environment, the year was marked by persistent REVIEW IN 2025
global uncertainty, coinciding with the increasingly The year 2025 presented significant challenges both
heightened competition in the banking industry. Such a globally and domestically. Elevated uncertainty persisted
financial wave spilled over into the domestic landscape across the global economy, driven by escalating
and manifested as significant pressures here, such geopolitical tensions, including the ongoing Russia–
as tightening liquidity in the first half, slowing credit Ukraine conflict in Europe and conflicts in the Middle
demand across many sectors, and increasingly intense East. The external environment was further pressured by
competition on interest rates, which have put margin shifts in international trade policy following the United
pressures across various business segments. States’ decision to impose unilateral import tariffs on
several major trading partners, including China, Canada,
Mexico, and the European Union, which triggered broader
In response to these conditions, we remained focused global economic fragmentations. Geopolitical tensions
on strengthening business resilience and sustaining and rising protectionist policies have weighed on global
sustainable growth. We advanced both priorities by economic growth, as reflected in declining international
implementing adaptive strategies and policies aligned trade volumes and increasingly complex supply chain
with evolving market dynamics; strengthening risk disruptions.
management and reinforcing disciplined internal controls;
developing competent, agile, and performance-driven
human resources; and accelerating secure, efficiency-
driven digital and technology transformation to elevate
the customer experience. The accomplishments realised
during the year reflect our commitment to preserving the
trust of our customers and stakeholders, while reinforcing
a stronger foundation to navigate future challenges.
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Against this global backdrop, Indonesia’s economy IMPLEMENTATION OF BANK STRATEGIES AND
faced considerable challenges in the first half of 2025, POLICIES
as weakening demand and slowing activity weighed on Amid the market pressures and challenging economic
overall performance. The environment was marked by conditions of 2025, Maybank Indonesia delivered solid
intense competition for liquidity and pressure on interest performance across its core business lines, achieving
rates. This dynamic contrasted somewhat with data positive year-over-year growth. Global Markets, SMEs, and
released by the Central Statistics Agency (BPS), which automotive financing through subsidiaries demonstrated
reported steady economic growth of 5.11%, supported steady growth, despite a decline in sales nationwide. The
by resilient domestic demand. Household consumption corporate segment, meanwhile, contracted in line with
remained a key growth driver amid contained inflation, its rebalancing portfolio within the segment. The Board
although purchasing power had not yet fully recovered. of Directors viewed that these results underscore the
On a positive note, the Government accelerated spending Bank’s resilience in sustaining growth momentum, while
on priority programs, providing a meaningful boost to highlighting opportunities to further enhance employee
economic activity across multiple sectors. productivity and operational capabilities.
A further reflection of macroeconomic stability was tame 2025 also marked the final phase of the Maybank Group's
inflation. December saw a lower Consumer Price Index transformation strategy, the M25+ agenda, whose
(CPI) inflation of 2.92% and a lower core inflation of 2.38%. emphasis was how to lay more solid organisation's
The Rupiah exchange rate at year-end was recorded at foundations and develop and prepare future-ready
Rp16,675 per US Dollar, depreciating 3.48% within the year capabilities. Through this strategy, the Bank prioritises
from December 2024’s figure of Rp16,466 per US Dollar. investments in strengthening information technology
infrastructure, modernising operational systems, and
Domestic liquidity conditions remained challenging in enhancing cybersecurity to address changing customer
2025, marked by intensified competition for funding behavior and increasing digital risks.
following the Government’s pro-growth policy of injecting
liquidity into state-owned banks, which eventually altered Another key focus of our digital transformation was the
the cost-of-funds structure. Although Bank Indonesia execution of the M25+ strategy. The Bank continued to
lowered its benchmark interest rate by a cumulative 125 expand its digital service ecosystem through the M2U
bps throughout 2025, the cost of funds did not adjust platform for retail segment and M2E for business and
immediately or proportionally, as banks sought to corporate segments, incorporating additional features
maintain deposit rates to preserve the stability of third- such as investment services, tax transaction capabilities,
party funds. As a result, the decline in lending rates was and increasingly integrated banking solutions. Beyond
relatively modest, decreasing by 39 basis points from enhancing the customer experience, this digitalisation
9.20% at the beginning of 2025 to 8.81% in December 2025. drives operational efficiency, accelerates business
processes, and strengthens our competitiveness in the
From a banking industry perspective, national banking evolving technology-driven financial industry.
liquidity remained adequate. As of December 2025, the
LA/TPF ratio was recorded at 28.57% and the Liquidity In addition to advancing digital transformation, the M25+
Coverage Ratio (LCR) at 200.97%, indicating loose liquidity strategy encompasses service network modernisation
conditions and ample room for credit expansion. Industry and branch operations optimisation. The Bank is
resilience is also reflected in the strong Capital Adequacy strategically relocating branches to high-growth areas
Ratio (CAR) of 25,89% in November 2025, as well as the while enhancing operational efficiency. This strategy
low Non-Performing Loan (NPL) ratio of 2.05% (gross) and is reinforced by strengthening Relationship Managers’
0.79% (net). capabilities through a sales mobility program that
leverages digital technology to deliver faster, more
Meanwhile, as of December 2025, banking industry flexible, and higher-quality customer service. The Board
credit growth reached 9.63%, driven primarily by strong of Directors views this initiative as a critical strategic
expansion in investment loans, which grew 20.81%. In investment, supporting sustainable growth in both the
contrast, working capital and consumer loans posted near and long term.
more moderate growth of 4.52% and 6.58%, respectively.
This trend reflects the banking sector’s prudent lending
stance amid credit demand that has yet to fully recover
across all economic segments.
56 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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In line with the M25+ agenda, as part of its long-term OUR ROLE IN THE FORMULATION OF
growth strategy, Maybank Indonesia continues to STRATEGIES AND STRATEGIC POLICIES
strengthen its "One Maybank" approach, integrating Our role in this area is fundamental, as we work to devise
banking services with its subsidiaries into a single the Bank's strategies and policies that remain consistent
integrated financial solutions ecosystem. This synergy with the mandate set out in the Board Charter. This role
encompasses collaboration between banking, involves establishing business priorities, strengthening
multifinance, securities, asset management, and governance, and ensuring that the Bank's strategies and
insurance services, enabling the Bank to provide policies remain responsive to industry dynamics and the
comprehensive financial solutions for both individual and rapidly evolving needs of our customers.
corporate customers.
Our responsibility extends beyond formulating strategies
Through this strategy, the Bank increases the and policies to ensuring their implementation across all
effectiveness of cross-selling products and services levels of the organisation is effective. In each strategy
between entities within the group, while strengthening formulation process, we would normally conduct a
long-term relationships with customers. This financial comprehensive analysis of the Bank's internal and external
service bundling approach can provide more competitive, conditions to understand the business environment,
efficient, and integrated added value, in line with identify challenges, and seise growth opportunities. We
increasingly complex customer needs. later use the results of this analysis to set the Bank's
strategic objectives and to strengthen policy measures
This strengthened synergy is also supported by the that can support healthy, prudent, and sustainable
establishment of a strategic coordination forum and growth.
cross-entity committees that ensure strategic alignment,
integrated risk management, and improved overall group Throughout 2025, Maybank Indonesia advanced its M25+
governance. This step continues to strengthen Maybank strategy, entering its final phase with the implementation
Indonesia's position as a key part of the Maybank Group's of Strategic Programme (SP) #7: Uplift Indonesia, aimed
regional network, providing collaboration-based financial at enhancing the Bank’s contribution to the domestic
solutions. market. This initiative reinforces Maybank Indonesia’s
commitment to staying relevant and competitive by
We also reaffirm Maybank Group’s commitment, as one of delivering comprehensive, integrated, and customer-
the world’s leading Islamic banking groups, to advancing centric financial solutions and services. The achievements
Islamic business in Indonesia. Throughout the year, we and foundations established under M25+ provide a critical
have undertaken initiatives that include the launch of platform as the Bank progresses with its transformation
corporate Islamic products, the development of Islamic agenda toward its ROAR30 aspirations.
Wealth Management through collaborative approaches,
and strategic partnerships with Islamic community PROCESSES UNDERTAKEN BY THE BOARD OF
organisations via our Islamic Banking Services. DIRECTORS IN IMPLEMENTING STRATEGY AND
STRATEGIC POLICIES
Regarding the planned spin-off of the Sharia Business Unit To ensure the effective and well-directed implementation
(UUS), the Bank remains committed to full compliance of the Bank’s strategies and policies, the Board of Directors
with applicable laws and regulations and will make establishes various strategic initiatives, action plans, and
any required capital adjustments should the spin-off measurable performance indicators as set out in the
proceed. The Bank also continues to focus on expanding Bank’s Business Plan (RBB) and the Sustainable Finance
UUS assets while strengthening governance and sharia Action Plan (RAKB). The preparation of these two strategic
business capabilities to ensure a smooth and sustainable documents is conducted comprehensively, taking into
transition. account prevailing economic dynamics, developments
within the banking industry, the strategic direction of
Maybank Group, and applicable regulatory requirements.
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The RBB serves as the primary framework for translating From a financing perspective, CFS Non-Retail loans
the Bank’s medium- and long-term strategies into annual grew 5.2%, supported by the Bank’s commercial loans
operational targets, encompassing business growth, risk (classified as Business Banking), which rose 11.6%. Loans
management, funding structure strengthening, as well as for small and medium enterprises (SME+) increased 6.6%,
efficiency and profitability enhancement. Meanwhile, the while retail SME (RSME) loans declined 1.3%. CFS Retail
RAKB provides guidance for integrating Environmental, loans also grew 5.2%, backed by growth in auto loans
Social, and Governance (ESG) principles into the Bank’s of 8.6%, followed by a 5.4% increase in unsecured loans
business activities, including the development of a (credit card & personal loans), while mortgage financing
sustainable financing portfolio, environmental and social remained relatively flat at 0.2%.
risk management, and the Bank’s contribution to inclusive
and sustainable economic development. Overall, the Bank’s Retail and Non-Retail loans managed
under the Community Financial Services (CFS) segment
In its execution, the Board of Directors conducts periodic grew 5.2% to Rp87.2 trillion.
monitoring and evaluation through management forums
and structured performance reporting mechanisms. This In December 2025, the Bank’s total outstanding loans
approach enables the Board to ensure that all business stood at Rp123.6 trillion, declining 3.1% following portfolio
units execute strategies consistently, remain responsive rebalancing in Global Banking (GB) loans, which recorded
to changes in the business environment, and operate in a decline of 18.4%. On a quarter-on-quarter basis, GB’s
alignment with the Bank’s defined risk appetite. Through Large Local Corporates (LLC) segment recorded growth of
disciplined and integrated strategic management 13.1%. The Bank seeks to leverage the growth momentum
processes, the Board of Directors is committed to ensuring in the LLC segment going forward.
that every strategic policy delivers long-term value for the
Bank and all stakeholders. In line with OJK’s Sustainable Business Activity
Classification (KKUB), the Bank’s sustainable financing
2025 PERFORMANCE ACHIEVEMENTS stood at Rp21.2 trillion, supported by growth in Eco-friendly
Throughout 2025, Maybank Indonesia was able to Transportation financing, which increased 131%, and
maintain resilient performance amid challenging global Renewable Energy financing, which rose 499% in 2025.
and domestic economic dynamics. The Bank’s positive
performance was supported by increasingly integrated Asset quality remained well maintained through
synergy across all business lines, including close disciplined portfolio monitoring and adherence to
collaboration with subsidiaries and the broader Maybank prudential principles. The Bank continued to improve
Group ecosystem. Through a strong spirit of collective credit quality through accelerated recovery of non-
execution, the Bank sustained quality growth momentum performing loans and proactive identification of
while recording solid profitability improvement. customers vulnerable to deterioration. As a result, the
gross Non-Performing Loan (NPL) ratio stood at 2.17%,
Consistency in executing business strategies focused improving from 2.68% in the previous year. The Bank’s
on priority segments, alongside the strengthening Loan at Risk (LaR) ratio also improved to 6.67%, compared
of operational fundamentals, played a crucial role with 8.22% in the prior year, reflecting the effectiveness of
in maintaining stability. The Commercial, SME and strengthened credit risk management.
automotive segments continued to serve as a significant
contributor to business expansion. Overall, the Bank’s From a liquidity standpoint, the Bank maintained a strong
performance achievements were reflected in selective and stable funding position. The Loan to Deposit Ratio
intermediation growth, efficient funding structure, and (LDR) Bank-only was recorded at 90.31%, the Liquidity
well-maintained asset quality. Coverage Ratio (LCR) Bank-only at 175.83%, and the Net
Stable Funding Ratio (NSFR) Bank-only at 112.42%. All of
The Bank’s Profit Before Tax (PBT) was up by 38.9% to these indicators remained above regulatory requirements,
reach Rp2.2 trillion. Profit After Tax and Minority Interest demonstrating the Bank’s capacity to preserve liquidity
(PATAMI) rose 48.5% to Rp1.7 trillion, supported by resilience while supporting sustainable business growth.
continued reduction in loan loss provisions and better cost
management.
58 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Current Accounts and Savings Accounts (CASA) increased In 2025, the Bank recorded Profit Before Tax (PBT)
6.3%, driven by a 12.0% increase in Current Account, partly and Profit After Tax (PAT) at the Bank-only level of
reflected in the number of financial transactions, which Rp1.7 trillion and Rp1.3 trillion, respectively. These
rose 11.7% to more than 5 million via the M2E corporate achievements were below the Revised RBB targets by
platform. Savings Accounts eased 3.3%. Time Deposits 7.5% and 3.2%, respectively. This condition is primarily
decreased 12.1%, in line with the Bank’s continued focus driven by suboptimal interest and non-interest income.
on optimising efficient funding. CASA ratio improved to Nevertheless, the Bank remains committed to optimising
57.55% from 52.86% a year earlier. Total customer deposits performance sustainably by strengthening business
stood at Rp116.19 trillion, declining 2.4%. strategies, improving operational efficiency, and
implementing prudent risk management.
In terms of capital structure, the Bank maintained a
solid capital position to support sustainable business Amid rising cost of funds pressures, the Bank was
expansion. The Capital Adequacy Ratio (CAR) stood at nevertheless able to deliver growth in net interest
27.31%, with total capital amounting to Rp32.3 trillion, income (NII). The Bank continued to manage its cost
reflecting the Bank’s capacity to absorb potential risks structure through disciplined efficiency initiatives under
and reinforce future credit growth. the Strategic Cost Management Program (SCMP),
ensuring that cost growth remained aligned with revenue
Meanwhile, Sharia financing performance through the expansion. Throughout 2025, lending activities were
Sharia Business Unit (UUS) also showed positive growth, conducted selectively, accompanied by improvements
which recorded a 104.0% increase in PBT to Rp847 in the composition of earning assets toward a healthier
billion in 2025. Shariah financing stood at Rp30.5 trillion portfolio mix. These developments were consistent with
contributing 28.1% to the Bank’s total financing portfolio domestic consumption activity and the resilience of
(Bank-only). Shariah CASA increased 5.5%, supported Indonesia’s economy throughout the year.
by growth in Current Accounts of 13.8%, while Savings
Accounts eased 1.8%. Time Deposits declined 29.9%, in The Bank also recorded growth in non-interest income,
line with the Bank’s continued efforts to optimise funding primarily driven by fees from treasury transactions,
composition. Sharia financing quality also improved, recovery income, and fees from wealth management
as reflected by a decline in the gross Non-Performing service. Meanwhile, overhead expenses remained well
Financing (NPF) ratio to 2.17%, compared with 2.21% controlled, increasing by 1.4% and staying below the
previously. Revised RBB target by 8.3%. This achievement reflects
disciplined cost management and consistent efforts to
COMPARISON OF 2025 ACHIEVEMENTS enhance operational efficiency.
AGAINST TARGETS
In formulating its Bank Business Plan (RBB), Maybank From a profitability perspective, the Bank’s Net Interest
Indonesia consistently takes into careful consideration Margin (NIM) stood at 3.27%, compared to 3.34% in the
prevailing economic conditions and developments previous year, and 19 bps below the Revised RBB target.
within the banking industry, as outlined in the preceding This decline was mainly attributable to sustained cost
sections. The Bank also conducts a comprehensive of funds pressures throughout the year, which remained
assessment of its risk posture, as well as market targets a key factor in maintaining a prudent balance between
and potential (including market sizing and addressable business growth and profitability stability.
market), which serve as the foundation for defining its
business strategy focus and for preparing financial
projections and performance targets across each
business segment.
2025 Target
Description 2025 Realisation 2025 Target
Achievement (%)
Profit Before Tax (PBT) Rp1.7 trillion Rp1,8 trillion (7.5%)
Net Profit (PAT) Rp1.3 trillion Rp1,4 trillion (3.2%)
Net Interest Margin (NIM) Ratio 3.27% 3.46% (0.19%)
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CHALLENGES FACED AND MITIGATION In today’s digital landscape, technology-driven banking
MEASURES UNDERTAKEN services are essential for delivering fast, secure, and
Throughout 2025, Maybank Indonesia faced various customer-centric solutions. Therefore, Maybank Indonesia
challenges arising from global economic uncertainty, continues to advance its digital capabilities, offering
geopolitical dynamics, and increasingly intense innovative solutions that meet the evolving needs of both
competition within the banking industry. These conditions Retail and Non-Retail segments, while driving market
affected credit demand and prompted the Bank to share growth through more efficient distribution channels
recalibrate its strategic approach, including portfolio and competitive product offerings.
rebalancing efforts to ensure that growth remains within a
healthy and sustainable corridor. For the Retail segment, the Bank continues to strengthen
the M2U ID App as its primary Digital Banking platform.
Maintaining quality credit growth became one of the Through M2U, customers can access a wide range of
Bank’s primary challenges amid a still-selective market financial products digitally, including Savings Accounts,
environment. In response, Maybank Indonesia upheld Time Deposits, Mutual Funds, Bonds, and Gold Savings.
its prudent lending strategy by applying its risk appetite The Bank also offers digital applications for Credit Cards
framework with discipline and focusing expansion on and Personal Loans (KTA), complemented by transaction
industry sectors deemed to have strong prospects. features such as QRIS payments, including the option
The Bank also continued to closely monitor its portfolio, to use credit cards as a funding source. Throughout
strengthen customer engagement and support, and 2025, bond transaction features within M2U were further
maintain an adequate risk posture to preserve asset enhanced to provide greater convenience for customers
quality. investing digitally.
At the same time, rising customer expectations for digital These efforts to strengthen the digital ecosystem have
services encouraged the Bank to accelerate digital yielded positive results. As of the end of 2025, M2U
transformation and enhance operational efficiency. transaction volume grew by more than 23%, with QRIS
Strengthening risk management practices, internal transactions recording the highest growth at 101%,
controls, and ongoing portfolio monitoring became reflecting increasing public adoption of non-cash
integral components of the Bank’s mitigation efforts in payment methods. The Bank also actively supports
navigating the evolving industry landscape. government and regulatory initiatives to promote
financial inclusion through various promotional and
Nevertheless, the Board of Directors affirms that, overall, outreach programs, including new customer acquisition,
the Bank’s positive achievements in 2025 outweighed QRIS transactions, bill payments, e-money top-ups, and
the areas requiring improvement. Supported by solid digital investment activities.
foundations, disciplined risk management, and an
ongoing transformation agenda, Maybank Indonesia In line with the growth of digital transactions, Maybank
remains confident in strengthening its competitiveness Indonesia has also intensified customer education
and capturing sustainable growth opportunities in the regarding cyber fraud risks. The Bank consistently
years ahead. disseminates preventive information and security tips
through multiple communication channels, including
DIGITAL BANKING DEVELOPMENT email, push notifications, social media, and other media
Digital transformation has become one of the key pillars platforms, to safeguard transactions and reinforce
in strengthening Maybank Indonesia’s business strategy customer trust.
and will continue to play a strategic role in the Bank’s
long-term agenda. In line with the mission of Humanising In the business segment, Maybank Indonesia continues
Financial Services, the Bank places customers at the to develop the M2E platform, specifically designed for
center of every service development initiative, with Corporate, Business Banking, and SME customers. M2E
digitalisation serving as the primary enabler in delivering features are continuously expanded to support more
enhanced banking experiences, expanding access to comprehensive business transaction management,
financial solutions, and supporting the improvement of including payments, liquidity management, and other
customers’ financial well-being across all segments. financial transactions. In 2025, M2E was enhanced with
the FX Non-today transaction feature, facilitating foreign
exchange transactions for customers. As of year-end
2025, M2E transaction volume recorded growth of 12%,
reflecting increasing adoption of digital solutions among
business customers.
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Beyond M2U and M2E, the Bank has expanded its digital As an integral part of the Maybank Group, Maybank
distribution channels through the development of API- Indonesia undertakes various strategic initiatives to
based solutions, enabling integration of banking services expand its sustainable finance portfolio across all
with new business partners. These API solutions provide business segments, including Global Banking and
access to core banking functions such as account Community Financial Services (CFS). The Bank also
opening, balance inquiries, and payment processing. In supports the Group’s aspiration to achieve Carbon Neutral
2025, Maybank Indonesia also launched partnerships status for Scope 1 and 2 emissions by 2030 and Net Zero
utilising the API Account Binding solution, enabling Carbon by 2050. Furthermore, Maybank Group continues
customers to conduct payment transactions directly on to implement its Living Sustainability initiative, targeting
partner platforms. one million employee volunteer hours per year dedicated
to strategic projects aligned with the Sustainable
COMMITMENT TO AND IMPLEMENTATION OF Development Goals (SDGs).
ENVIRONMENTAL, SOCIAL, AND GOVERNANCE
POLICIES As a banking institution operating in Indonesia, Maybank
We position sustainability as one of our key strategic Indonesia ensures that sustainability principles are
differentiators in conducting business activities. This implemented in alignment with the eight Sustainable
commitment is realised through the development of Finance Principles issued by the Financial Services
five core sustainability pillars—People, Policy, Process, Authority (OJK), the Indonesia Sustainable Finance
Platform, and Product—which serve as the framework Taxonomy, and the Maybank Group’s ESG framework,
for integrating Environmental, Social, and Governance with a focus on community empowerment and inclusive
(ESG) principles into the Bank’s business strategy and positive impact creation. ESG practices are also reflected
operations. To strengthen internal awareness, Maybank in various corporate responsibility programs based on
Indonesia has established ESG Champions across four CR principles — Community, Environment, Workplace,
business units and implemented continuous certification and Marketplace — including environmental preservation
programs to enhance Maybankers’ capabilities in initiatives through energy efficiency and carbon footprint
supporting the sustainability agenda. reduction.
From a policy perspective, Maybank Indonesia applies The Bank’s sustainability commitment has once again
responsible financing principles by incorporating received industry recognition. In 2025, Maybank Indonesia
environmental and social risk considerations, including was named “Best SME Bank – Indonesia” and “Best
avoiding sectors that are inconsistent with ESG principles. Bank for ESG – Indonesia” at The Euromoney Awards
The Bank also continues to develop supporting platforms, for Excellence 2025. These accolades further reinforce
such as a carbon calculator to accelerate emissions the Bank’s position as a competitive financial institution
measurement within industrial sectors, while expanding committed to sustainable growth and long-term value
its green financing product portfolio. In recognition of creation.
its consistent commitment, the Bank received several
awards related to climate and green financing initiatives OTHER PERFORMANCE
throughout 2025.
Organisational Structure
Maybank Indonesia also plays an active role in educating In order to enhance productivity, organisational
and assisting customers in transitioning toward more effectiveness, and overall performance optimisation,
sustainable financing practices, while simultaneously Maybank Indonesia undertook an organisational
strengthening sustainability awareness and knowledge transformation in 2025. This transformation encompassed
among its employees. The implementation of sustainable the realignment of several key functions across the Bank
finance continues across all operational lines, with to strengthen governance, foster cross-unit synergy,
ESG culture increasingly embedded as part of the and ensure the sustainable achievement of the Bank’s
organisation’s DNA. As of 31 December 2025, the Bank has strategic objectives.
identified 19,6% or Rp21,2 trillion of its total loan portfolios
as meeting ESG criteria. The Bank continues to monitor Within the Community Financial Services Directorate,
and is committed to gradually increasing this proportion, organisational alignment was carried out to reinforce
in alignment with its defined risk appetite. governance and risk management frameworks, while
enhancing data-driven decision-making effectiveness.
This initiative supports more prudent, integrated, and
sustainability-oriented management of the retail business
portfolio. Meanwhile, within the Global Banking Directorate,
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structural adjustments were implemented to strengthen organisation capable of delivering long-term value for all
the corporate customer service model, enhance cross- stakeholders.
segment collaboration, and optimise the management
of large-scale financing, thereby increasing the Bank’s Detailed information regarding Maybank Indonesia’s
competitiveness in delivering value-added financial organisational structure is presented in the Company
solutions. Profile chapter of this Annual Report.
From a control and compliance perspective, Maybank Core Activities and Types of Products and
Indonesia strengthened the Risk Management Directorate Services Offered
through structural refinements aimed at enhancing the Maybank Indonesia conducts its core activities as a
quality, integrity, and transparency of risk management banking institution engaged in mobilising funds from
and reporting processes, in line with regulatory the public and channeling them back into the economy
requirements and industry best practices. Adjustments through various financing and lending solutions to
were also made within the Legal, Compliance, Corporate support national economic growth. In carrying out
Secretary & Anti-Fraud Directorate to reinforce the this intermediation function, the Bank consistently
compliance framework, governance standards, and the upholds prudential principles while offering competitive
protection of the Bank’s interests in responding to evolving interest rates to deliver added value to customers and
regulatory dynamics and increasingly complex non- stakeholders.
financial risks.
As a customer-centric bank, Maybank Indonesia provides
To support sustainable financial stability and a comprehensive and integrated range of banking
performance, organisational alignment within the Finance products and services, including lending facilities for
Directorate focused on strengthening integrated financial micro, small, and medium enterprise (MSME) borrowers.
functions, including liquidity management, asset quality The Bank also offers Sharia banking services through
oversight, and financial risk control. In addition, within financing and deposit products structured in accordance
the IT & Digital Directorate, structural refinements were with Sharia principles, thereby addressing the needs
undertaken to accelerate digital transformation, enhance of a broader segment of society. Detailed information
information technology capabilities, and ensure reliable, regarding the Bank’s products and services is presented
efficient digital services aligned with both business and in the Company Profile chapter under the Products and
customer needs. Services section.
Under the coordination of the President Director, Maybank Interest Rates for Funding and Lending
Indonesia also reinforced key strategic support functions In 2025, the interest rates applied by Maybank Indonesia
to ensure consistency in corporate communication, brand for fund mobilisation and lending activities denominated
management, and cross-functional collaboration. This in Rupiah were as follows:
comprehensive organisational transformation reflects the
Bank’s commitment to building a more agile, integrated
Prime Lending Rate Interest Rate
for Rupiah-
Period Non MSME MSME
Non-Mortgage/ Denominated
Mortgage/KPA
Non-KPA Funds
Corporation Retail Medium Small
March 7.81% 9.66% 9.66% 9.66% 9.64% 10.43% 1.14%-4.26%
June 7.56% 9.41% 9.41% 9.41% 9.39% 10.18% 1.10%-3.92%
September 7.56% 9.41% 9.41% 9.41% 9.39% 10.18% 1.08%-3.76%
December 7.56% 9.31% 9.31% 9.31% 9.39% 10.18% 1.03%-3.51%
62 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Office Locations, Business Partners, and Service BUSINESS PROSPECTS, ECONOMIC
Network DEVELOPMENTS, AND MARKET TARGETS
In enhancing service effectiveness and strengthening We anticipate that the challenges in 2026 will not
competitiveness amid the dynamic banking landscape, be less demanding than those faced in 2025, amid
Maybank Indonesia continuously undertakes adjustments ongoing global geopolitical tensions, a moderation in
and optimisation of its branch network. In line with the global economic growth, and various domestic policy
Bank’s aspiration to become an increasingly integrated developments that may impact the national economy
banking institution, Maybank Indonesia continues to and banking industry. Globally, the economy is projected
advance toward an omni-channel service model. The to expand at a moderate rate of approximately 3.2% in
Bank integrates all service channels — ranging from 2026. However, global economic activity continues to be
branch networks, ATMs, and call centers to internet affected by rising international trade costs due to tariff
banking and digital platforms — to ensure a consistent, policies, persistent geopolitical tensions in the Middle East
connected, and accessible customer experience anytime and Eastern Europe, and increasingly limited fiscal and
and anywhere. monetary policy space across many countries.
As of 31 December 2025, Maybank Indonesia operated 275 Domestically, Indonesia’s economy is projected to grow
branches, including Sharia branches, across Indonesia, at around 5.21% in 2026, supported by resilient domestic
as well as one overseas branch located in Mumbai, India. demand and the realisation of government expenditure
The Bank is further supported by 22 Mobile Sub-Branches on priority development programs. Bank Indonesia
(KCP Mobile) and 661 ATM units, including 26 Cash Recycle continues to foster a more supportive interest rate
Machines (CRM). The entire network is connected within environment for economic expansion, while investment
the ATM PRIMA, ATM BERSAMA, ALTO, and CIRRUS networks, inflows and a sustained trade surplus are expected to
and is also linked to Maybank ATMs across Singapore, underpin external resilience. Nevertheless, the Board of
Malaysia, and Brunei. This extensive connectivity provides Directors notes that growth remains below its optimal
customers with convenient access to transaction services potential, given global constraints affecting exports and
at both domestic and regional levels. Supported by a foreign direct investment, as well as government spending
broad service network and ongoing digital transformation, realisation that has yet to reach its full momentum.
Maybank Indonesia remains committed to delivering a
secure, seamless, and innovative banking experience. Priority government programs under the AstaCita
agenda, including food and energy self-sufficiency,
Throughout 2025, the Bank also continued to strengthen industrial downstreaming, infrastructure development,
its business partnerships and service network as part strengthening of MSMEs and cooperatives, and human
of its efforts to enhance performance, efficiency, and capital development, are expected to generate greater
competitiveness. Empowerment of branch and regional multiplier effects as implementation strengthens in 2026.
offices remains a key priority to ensure the delivery of Amid these dynamics, the Rupiah is projected to have
optimal banking services, while also supporting the room for appreciation, supported by continued growth
growth of business communities and local economies in foreign direct investment inflows, a consistent trade
within the Bank’s operational areas. surplus, and downstreaming policies as well as Export
Proceeds (DHE) regulations that reinforce Indonesia’s
In achieving its defined business targets, Maybank external position.
Indonesia further promotes strong synergy across
business units and within the broader Maybank Group. Within the banking industry, credit growth is projected to
This synergy serves as the foundation for reinforcing increase moderately to approximately 8%-12% in 2026,
the Bank’s commitment to integrity, perseverance, and in line with domestic economic activity and improving
service excellence, with customer needs consistently realisation of government development programs.
positioned as the highest priority. Meanwhile, Third-Party Funds are expected to remain
strong, supported by more accommodative system
Significant Changes Affecting The Bank and Its liquidity conditions, including the impact of government
Business Group liquidity injection policies into the national banking
Throughout 2025, there were no significant changes system.
affecting the Bank or the Bank’s Business Group.
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Based on the forward-looking economic and industry ROAR30 represents a shared growth commitment
outlook, Maybank Indonesia has undertaken a among all Maybankers to continuously innovate, expand
comprehensive analysis in preparing its 2026 Bank positive contributions to society, and support inclusive
Business Plan (RBB), deepening its strategic focus and sustainable real economic growth. Looking ahead,
by identifying strengths, areas for improvement, Maybank Indonesia remains optimistic about actively
opportunities, and potential risks to be anticipated. The contributing to the realisation of ROAR30 aspirations and
Bank has implemented various initiatives to strengthen delivering long-term value for all stakeholders through
its position as one of the key players in the Indonesian 2030. Through disciplined strategy execution, the Bank is
market through the M25+ transformation strategy in 2025, confident in sustaining its growth momentum and further
which will transition into ROAR30 in 2026. The objective strengthening its position as one of the leading financial
of this strategy is to maintain a strong customer- institutions in Indonesia and the ASEAN region.
centric orientation across the organisation, enhance
competitiveness, and create market differentiation HUMAN CAPITAL DEVELOPMENT
through an approach aligned with the Bank’s mission of Maybank Indonesia places Human Capital development
Humanising Financial Services. as one of the key pillars in executing the Bank’s strategy.
To this end, the Bank implements a structured human
One specific initiative is SP7: Uplift Indonesia, designed to capital development framework centered on three
ensure that Maybank remains relevant and competitive primary pillars. First, strengthening leadership capabilities
in a dynamic market environment. Through this initiative, through the integration of the SEARCH++ competency
Maybank Indonesia is able to respond to evolving model with a future-oriented mindset and skillset,
customer needs by providing sustainable, high-quality translated into comprehensive future leader development
banking products and services, ultimately driving programs. Second, providing comprehensive training
sustainable growth for the Bank and strengthening its programs for all employees aligned with the Bank’s
position amid industry disruption and shifting customer strategic direction, encompassing modules such as
expectations. General Induction, Human Centered Design, Effective
Communication, Problem Solving & Decision Making,
In achieving its defined market targets, the Board of Manager as Coach, and Digital Leadership. Third,
Directors emphasises several key priorities, including implementing a cultural transformation program to
strengthening fee-based income, proactively maintaining ensure that all employees internalise the core behaviors
portfolio quality, enhancing productivity and cross-unit and practical habits expected by the organisation.
collaboration, and delivering the best banking experience
as a key differentiator for customers. The Board believes Throughout 2025, Maybank Indonesia continued to
that in an environment where banking products are reinforce its continuous learning programs, professional
increasingly comparable, service quality and customer certification initiatives, and work process transformation
experience will become decisive competitive factors. through automation and digitalisation to enhance
employee productivity. Beyond strengthening technical
In line with the Maybank Group’s strategic transition, competencies, the Bank also advanced its organisational
2026 also marks the commencement of ROAR30, the culture transformation through the “One Team, One
five-year strategy extending to 2030. The successful Direction, New Energy” work culture initiative. This
implementation of M25+ provides a critical foundation for cultural transformation aims to foster stronger cross-
the Bank’s transformation journey toward ROAR30. This functional collaboration, enhance employee engagement
strategy targets an improvement in Return on Equity (ROE) through a speak-up culture, and drive innovation
to 13–14% by 2030, while remaining firmly anchored to through the adoption of agile working methods. The
Maybank’s core mission of Humanising Financial Services. implementation of this culture is reflected in increased
ROAR30 is built upon three main pillars: strengthening employee participation in business initiatives and
value- and impact-driven propositions, building regionally operational innovation that support overall organisational
scaled businesses through the strength of the ASEAN effectiveness.
network, and reinforcing the Bank’s internal foundations
through investments in technology, data and Artificial
Intelligence (AI), future talent development, as well as
disciplined productivity and capital management.
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To support this transformation, the Bank accelerated the In addition, Maybank Indonesia has accelerated its
digitalisation of human capital management, including digital transformation with the deployment of an end-
the enhancement of the MyHR2U system, as well as the to-end Straight Through Processing (STP) platform,
adoption of Agile practices such as Daily Stand Up (DSU), seamlessly integrated with both internal and external
Kanban, and Retrospectives. The Bionic Squad’s role was banking ecosystems. This platform enhances operational
further strengthened as a key enabler of cross-functional efficiency, accelerates transaction processing, and
collaboration, improving execution speed, elevating delivers a more seamless, responsive, and integrated
decision-making quality, and fostering innovation aligned customer experience. Through this modernisation,
with the Bank’s evolving business needs. Maybank Indonesia ensures its banking services meet
evolving digital-era customer expectations while
In addition, Maybank Indonesia reinforces a high- maintaining the highest standards of security, speed, and
performance work culture through the adoption of convenience.
Critical Few Behaviors and Five Practical Habits, including
Customer First, One Team + One Direction Powered by Beyond technological advancement, Maybank Indonesia
Integrity, the Three-Minute Early Rule, HOT Check-in, and places strong emphasis on developing IT human
Weekly Growth Synergy. These initiatives foster a growth capital capabilities. The Bank conducts structured
mindset across all organisational levels, enhancing and periodic technical, non-technical, and leadership
sustained productivity and supporting long-term training programs, while also encouraging IT personnel
performance resilience. to participate in professional certification programs
to ensure competencies that meet national and
UTILISATION OF INFORMATION TECHNOLOGY international standards.
Maybank Indonesia continues to advance its Information
Technology (IT) transformation with a primary focus on In its commitment to strengthening cyber resilience,
strengthening infrastructure, enhancing system resilience, Maybank Indonesia continuously enhances its technology
and reinforcing cybersecurity capabilities. These efforts security posture through comprehensive testing, including
are undertaken in response to the increasingly digital vulnerability- and scenario-based assessments. The
banking landscape, evolving customer behavior, and the Bank advances infrastructure modernisation, maintains
growing complexity of cyber threats. In executing these disciplined, periodic controls over its Data Center (DC)
initiatives, Maybank Indonesia consistently coordinates and Disaster Recovery Center (DRC), and leverages
with regulators to ensure that all IT developments are automation to optimise data processing efficiency.
conducted in full compliance with prevailing regulations, Additionally, the Bank also proactively develops
while supporting the Bank’s vision to provide reliable, technology and cyber risk monitoring mechanisms to
secure, and accessible services to customers. enable early detection and mitigation of potential threats.
One of the Bank’s strategic priorities in 2025 was IMPLEMENTATION OF BANK GOVERNANCE
to accelerate service digitalisation and system The implementation of Good Corporate Governance
modernisation through the development of various (GCG) within the Bank is underpinned by human
applications and the enhancement of supporting capital committed to creating value and serving the
infrastructure. By the end of 2025, the Bank had community through the mission of Humanising Financial
implemented several system enhancements, including Services. To further strengthen governance practices,
the development of M2U Digital Personal Loan, iBaaS Maybank Indonesia upholds four core pillars of corporate
(Islamic Banking-as-a-Service), the M2U – Primary Bonds governance, namely Ethics, Transparency, Accountability,
USD feature, and SP7 Marketing Automation through the and Sustainability (ETAS). These four pillars serve as
Customer Engagement Platform. On the infrastructure and the foundation for building organisational discipline,
IT security front, the Bank also strengthened its capabilities accelerating balanced performance, and ensuring
through the implementation of Automation Helpdesk that the Bank’s growth progresses in a responsible and
Process, DCO, and Control-M, aimed at improving sustainable manner.
operational efficiency and service stability.
Internally, the implementation of GCG is guided by three
principal governance aspects: Governance Structure,
Governance Process, and Governance Outcome. Through
this framework, the Bank ensures that GCG practices
are fully integrated into its day-to-day operational
activities. These practices are carried out in alignment
with the Bank’s core values — Teamwork, Integrity,
Growth, Excellence, Efficiency, and Relationship Building —
collectively embodied in the TIGER culture.
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As of December 2025, Maybank Indonesia has conducted These controls are designed to provide reasonable
a self-assessment of its GCG implementation and assurance regarding the reliability of financial reporting
achieved a composite score of 2, reflecting that the Bank and the preparation of financial statements in
and its Subsidiaries have implemented governance accordance with applicable accounting standards.
practices and maintained substantial compliance
with GCG principles. The Bank remains committed Management remains committed to continuously
to continuously enhancing the quality of its GCG by strengthening the internal control framework to ensure
addressing evaluation recommendations and and transparency, accountability, and stakeholder confidence
aligning governance practices with both national and in the integrity of the Bank’s financial reporting.
international regulatory standards.
ASSESSMENT OF COMMITTEES UNDER THE
In 2025, the Company achieved a key milestone in BOARD OF DIRECTORS
corporate governance with the establishment of In supporting the effective discharge of its duties
a Transformation Committee, composed of Board and responsibilities, the Board of Directors is assisted
members and subsidiary leaders. The Committee was by committees established under the Board, which
created to enhance group-wide synergy and strengthen play a critical role in ensuring that all of the Bank’s
risk oversight across the organisation. The Board of operational activities are conducted in alignment with
Directors notes that governance practices in 2025 prudential principles and sound governance practices.
were more robust than the prior year, demonstrated by In accordance with regulatory requirements, the Board
management’s active engagement and the effective of Directors is mandated to establish, at a minimum, a
execution of committee mandates. Risk Management Committee, a Credit Committee, a
Credit or Financing Policy Committee, and an Information
Regarding the Maybank Indonesia Financial Technology Steering Committee. In addition to these
Conglomeration (KKMBI), the Bank consistently applies mandatory committees, the Board of Directors has also
Integrated Governance in accordance with prevailing established several other committees, including the Asset
regulations, including OJK Regulation No. 18/POJK.03/2014 & Liabilities Committee (ALCO), Internal Audit Committee,
concerning the Implementation of Integrated Governance Integrated Risk Management Committee, Credit
for Financial Conglomerates, OJK Circular Letter No. Restructuring Committee, Human Capital Committee,
15/SEOJK.03/2015 concerning the Implementation of Human Capital Disciplinary Committee, Transformation
Integrated Governance for Financial Conglomerates, Steering Committee, and Joint Steering Committee.
and OJK Regulation No. 30 of 2024 concerning Financial
Conglomerates and Financial Conglomerate Holding These committees consistently provide strategic support
Companies, as well as the financial industry’s best through recommendations, second opinions, and relevant
practices. As the Main Entity of KKMBI, Maybank Indonesia insights to serve as key considerations for the Board of
has actively implemented Integrated Governance within Directors prior to making both tactical and strategic
the Financial Conglomeration both prior to and following decisions. Throughout 2025, the Board of Directors
the issuance of the relevant regulations. assessed that all committees under its supervision
have performed their respective functions, duties, and
INTERNAL CONTROL OVER FINANCIAL responsibilities effectively and in full compliance with
REPORTING prevailing regulations as well as the Bank’s internal
PT Bank Maybank Indonesia Tbk affirms that management policies.
is responsible for establishing and maintaining adequate
Internal Control over Financial Reporting (ICoFR) in This assessment is based on several indicators,
accordance with Financial Service Authority Regulation including the proper execution of committee mandates,
(POJK) Number 15 Year 2024 concerning the Integrity of performance achievements during the financial year,
Bank Financial Reporting. the competence of committee members, meeting
attendance rates, and the quality of decisions and
recommendations produced in each deliberation.
Through their optimal contribution, the committees
under the Board of Directors have become an integral
part of supporting the prudent, effective, and sustainable
management of the Bank, while reinforcing its long-term
performance resilience.
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CHANGES IN THE COMPOSITION OF THE BOARD In particular, the Board of Directors wishes to recognise
OF DIRECTORS and commend all Maybankers for their dedication,
Throughout 2025, there were no changes to the professionalism, and collaborative spirit demonstrated
composition of the Board of Directors of Maybank throughout the year. The disciplined execution of
Indonesia. strategy, reinforcement of risk management practices,
enhancement of service quality, and acceleration
APPRECIATION AND CLOSING REMARKS of digital transformation have been key enablers in
On behalf of the entire Board of Directors, we would maintaining operational resilience while generating
like to express our deepest appreciation and sincere sustainable growth.
gratitude to all stakeholders for the continued trust and
support extended to Maybank Indonesia throughout Let us sustain this momentum with renewed energy,
2025. We convey our highest appreciation to the Board of greater agility, and stronger alignment as we move
Commissioners for their guidance, oversight, and strategic forward together toward our shared aspirations — with the
counsel, which have served as an essential foundation in spirit of One Team, One Direction, New Energy.
safeguarding sound governance and strengthening the
Bank’s performance. The Board of Directors also extends
its gratitude to our shareholders, regulators, business
partners, and customers for their close collaboration and
unwavering support in navigating the Bank’s journey amid
an evolving industry landscape.
Jakarta, March 2026
On behalf of the Board of Directors
PT Bank Maybank Indonesia Tbk
STEFFANO RIDWAN
President Director
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BOARD OF
DIRECTORS
BIANTO SURODJO RICKY ANTARIKSA IRVANDI FERIZAL STEFFANO RIDWAN WIDYA PERMANA
Director Director Director President Director Director
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EFFENDI YESSIKA EFFENDI SHAIFUL ADHLI YAZID ROMY HARDIANSYAH BAMBANG ANDRI IRAWAN
Director Director Director Director Director
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Sharia Supervisory Board
Report
We sincerely hope that these steps can become part of efforts to
promote harmony and cooperation in order to provide real solutions to
people’s needs.
BISMILLAHIRRAHMANIRRAHIM
ASSALAMU’ALAIKUM WA RAHMATULLAHI WA BARAKATUH.
All praise is for Allah, the Lord of all creation. Firstly, let us
express our praise and gratitude to Allah SWT for His grace
and blessing bestowed upon us. May peace and blessings
always be bestowed upon the Prophet Muhammad Peace
Be Upon Him and to all those who follow him with goodwill
to the day of judgement.
Alhamdulillah, in 2025, the Sharia Supervisory Board
(SSB) of Maybank Indonesia’s Sharia Business Unit (SBU)
continued to carry out its duties and responsibilities by
ensuring that every business activity runs in accordance
with Sharia principles and applicable regulations. We held
23 meetings and issued SSB Opinions regarding Sharia
products and business activities, as well as providing
other suggestions and recommendations needed to
support the development of Maybank Indonesia’s SBU
business. Several important discussions regarding
products and activities from a Sharia compliance
perspective included:
• Maybank Global Access iB Savings Products
• Sharing Restricted Invesment Account iB (SRIA)
• Fast Remittance Services
• Waqf Services
• Biller Services
• API (H2H) Credit Notification Services
• QR TUNTAS Services
• Waris Syariah (Islamic Inheritance) Calculator Services
on Maybank Corporate Web
• Cross Border QR Services
• SNAP QRIS API Services
• And others
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In relation to the Sharia Review, during the first and In addition, we are grateful for management’s growing
second semesters of this year, we conducted supervision enthusiasm to actively participate in the productive
and inspections in the form of: economic empowerment in collaboration with various
• Testing of product samples and transactions taken institutions. We sincerely hope that steps like these
randomly from branches throughout the region, can become part of efforts to promote harmony and
including Sharia Branch Offices and Maybank Sharia cooperation in order to provide real solutions to people’s
Services needs.
• Holding sharing sessions for all employees to provide
enlightenment and deepen the meaning of Sharia Following our oversight throughout 2025, we are of the
aspects. opinion that Maybank Indonesia Sharia Business Unit
activities do not violate the DSN-MUI Fatwa, Sharia
Sharia Supervisory Board has also reported its supervisory Supervisory Board opinions, applicable Sharia principles,
results semesterly to the Financial Services Authority or other related provisions. We hope that management
(OJK), with a copy sent to the Board of Commissioners in charge of Sharia activities will remain committed
and Board of Directors for follow-up in accordance with to adhering to Sharia principles as well as applicable
applicable regulatory provisions. laws and regulations. Furthermore, the implementation
of the Shariah First Strategy in every offer made for all
Throughout 2025, Maybank Indonesia’s implementation Maybank Indonesia banking products and propositions
of the Shariah First strategy and Leverage Business necessitates increased attention from all lines to ensure
Model remains consistent. This has established Maybank that the principles of prudence and reputation are
Indonesia as an Innovative and Thought Leader in the consistently met when carrying out Sharia activities.
Sharia banking industry, while also ensuring that the We hope the implemented strategy will contribute
Bank’s business and operations are always in line with significantly to the development of the national Sharia
Sharia principles. banking industry.
This continues to be supported by the Bank’s commitment In closing, we would like to express our deepest gratitude
to constantly strengthen the implementation of the and appreciation to management and all employees for
Sharia Governance Framework (SGF) and the Sharia the performance achievements of Maybank Indonesia
Compliance Policy (SCP) to all internal stakeholders, Sharia Business Unit in 2025.
ensuring the fulfillment of Sharia compliance in the Bank’s
Sharia business activities. Sharia Supervisory Board, in May Allah Ta’ala always provide taufik and guidance to
collaboration with the Shariah Advisory & Assurance Unit all of us in carrying out Sharia banking activities so that
(SAA), also held meetings and training related to Sharia we can achieve sustainable business growth in the future
compliance in general, in an effort to strengthen Sharia with full blessings.
compliance within the Bank.
Wassalamu’alaikum wa Rahmatullahi wa Barakatuh.
From the social perspective of Sharia banking, Maybank
Indonesia’s Sharia Business Unit has continued to On behalf of the Sharia Supervisory Board
reinforce its active role in the management of Benevolent
Funds and Zakat. We note that the Sharia Supervisory
Board is consistently consulted in both planning and
implementation of benevolent fund distribution programs,
thereby ensuring full alignment with the goal of delivering
benefits and empowering people.
DR. KH. M. SAAD IH MA
We also appreciate management’s initiative to provide Chairman
Sharia financial education in several universities and
communities across Indonesia. We hope this concern
can continue to be fostered with other community-based
communities to significantly strengthen the socio-
economic role of Sharia in the country.
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Statements of Responsibility for
2025 Annual Report by the Board of Commissioners
of PT Bank Maybank Indonesia Tbk
We, the undersigned, hereby state that all information contained in the 2025 Annual Report of
PT Bank Maybank Indonesia Tbk has been comprehensively presented and take full responsibility for the accuracy of the
contents of the Company’s Annual Report.
This statement is made truthfully.
Jakarta, March 2026
BOARD OF COMMISSIONERS
DATO’ SRI KHAIRUSSALEH RAMLI
President Commissioner
EDWIN GERUNGAN DATUK LIM HONG TAT DATO’ ZULKIFLEE ABBAS ABDUL HAMID
Commissioner Commissioner Commissioner
HENDAR PUTUT EKO BAYUSENO MARINA R. TUSIN DANIEL JAMES ROMPAS
Independent Commissioner Independent Commissioner Independent Commissioner Independent Commissioner
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Statements of Responsibility for
2025 Annual Report by the Board of Directors
of PT Bank Maybank Indonesia Tbk
We, the undersigned, hereby state that all information contained in the 2025 Annual Report of
PT Bank Maybank Indonesia Tbk has been comprehensively presented and take full responsibility for
the accuracy of the contents of the Company’s Annual Report.
This statement is made truthfully.
Jakarta, March 2026
BOARD OF DIRECTORS
STEFFANO RIDWAN
President Director
IRVANDI FERIZAL EFFENDI WIDYA PERMANA RICKY ANTARIKSA
Director Director Director Director
BAMBANG ANDRI IRAWAN YESSIKA EFFENDI ROMY HARDIANSYAH SHAIFUL ADHLI YAZID BIANTO SURODJO
Director Director Director Director Director
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Company Profile General Bank Information 76 Maybank Indonesia in Brief 77 Brief History 78 Association Membership List of Maybank Indonesia 79 Corporate Logo and Identity 79 Our Journey 80 Organisational Structure 82 Vision, Mission, and Corporate Culture 84 Core Business 86 Products and Services 88 Board of Commissioners Profile 91 Board of Directors Profile 99 Changes in the Composition of Management after 110 Financial Year Senior Management Profile 111 Employee Statistics and Profiles 121 Shareholding Composition 122 Corporate Group Structure 125 Maybank Group Profile 126 Subsidiaries and Joint Ventures 127 Share Listing Chronology 130 Other Securities Listing Chronology 132 Ratings 136 Public Accountant & Public Accountant Firm Services 137 Capital Market Supporting Institutions and Professions 138 Information on Corporate Website 139 Operational Areas 140 Branch Offices Address 142
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UKIR PRESTASI & KESUKSESAN Temukan solusi untuk mengembangkan usaha melalui pembiayaan Maybank SME
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03 / C O M P A N Y P R O F I L E
General Bank
Information
Company Name ISIN Code
PT Bank Maybank Indonesia Tbk ID1000099302
Nick Name Swift Code
Maybank Indonesia IBBKIDJA
Date of Establishment Composition of Shareholders
15 May 1959 • Sorak Financial Holdings Pte.Ltd. 45.02%
• Maybank Offshore Corporate Services (Labuan) Sdn.
Company Name Change Effective Date Bhd 33.96%
PT Bank Internasional Indonesia Tbk changed to • Vital Solution Fund 8.73%
PT Bank Maybank Indonesia Tbk (Company name change • Public 12.29%
has been effective as of 23 September 2015)
Head Office Address
Business Field Sentral Senayan III
Commercial Banks/Banking Services Jl. Asia Afrika No. 8, Gelora Bung Karno
Jakarta 10270, Indonesia
Legal Basis of Establishment T: (62-21) 2922 8888
• Business license as a Commercial Bank through Decree F: (62-21) 2922 8799
of the Minister of Finance of the Republic of Indonesia E: customercare@maybank.co.id
No.138412/U.M.II dated 13 October 1959, which was W: www.maybank.co.id
amended by Decree of the Financial Services Authority
Commissioner Number 18/KDK.03/2015 dated Contact Center
23 September 2015 customercare@maybank.co.id
• Business license as a Foreign Exchange Bank through investorrelations@maybank.co.id
Decree of the Board of Directors of Bank Indonesia
www.facebook.com/MaybankIndonesia
No.21/11/Dir/UPPS 9 November 1988
@MaybankID
Authorised Capital
@maybankid
Rp12,864,765,605,400 or 476,608,857,231 shares consisting
of: 1500611 or +6221 78869811
• Rp349,331,607,900 or 388,146,231 Class A shares nominal (from overseas)
Rp900 per share
• Rp2,000,520,000,000 or 8,891,200,000 Class B shares Subsidiaries
nominal Rp225 per share • PT Wahana Ottomitra Multiartha Tbk (67.49%)
• Rp10,514,913,997,500 or 467,329,511,000 Class D shares • PT Maybank Indonesia Finance (99.99%)
nominal Rp22.50 per share
Number of Employees
Issued and Fully Paid Capital 6,635 employees
Rp3,855,908,223,675.50 or 76,215,195,821 shares consisting
of: Total Assets 2025
• Rp349,331,607,900 or 388,146,231 Class A shares nominal Rp193.7 trillion
Rp900 per share
• Rp2,000,520,000,000 or 8,891,200,000 Class B shares Data Access and Corporate Information
nominal Rp225 per share Corporate Secretary
• Rp1,506,056,615,775.50 or 66,935,849,590 Class D shares Sentral Senayan III
nominal Rp22.50 per share Jl. Asia Afrika No. 8
Gelora Bung Karno - Senayan
Share Listing Date Jakarta Pusat 10270 Indonesia
21 November 1989 T: +62 21 2922 8888
E: CorporateSecretary@maybank.co.id
Stock Exchange
Indonesia Stock Exchange Investor Relations
Sentral Senayan III
Stock Code Jl. Asia Afrika Indonesia. 8
BNII Gelora Bung Karno – Senayan
Jakarta Pusat 10270 Indonesia
T: +62 21 2922 8888
E: InvestorRelations@maybank.co.id
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Maybank Indonesia
in Brief
Company Name Change Brief Information
DATE OF ESTABLISHMENT
15 May 1959
COMPANY NAME CHANGE
PT Bank Internasional Indonesia Tbk
changed its name to
PT Bank Maybank Indonesia Tbk
COMPANY NAME CHANGE EFFECTIVE DATE
23 September 2015
BASIS OF RATIFICATION
• Resolution of Extraordinary General Meeting of Shareholders (EGMS) of PT Bank
Internasional Indonesia Tbk dated 24 August 2015
• Approval of Ministry of Law and Human Rights of Republic of Indonesia by means of
Decree of Ministry of Law and Human Rights No. AHU-0941203. AH.01.02 Year 2015 dated
26 August 2015
• Decree of Board of Commissioners of Financial Services Authority
No. 18/KDK.03/2015 dated 23 September 2015
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03 / C O M P A N Y P R O F I L E
Brief
History
PT Bank Maybank Indonesia Tbk is one of Indonesia’s In 2008, Maybank acquired BII through its wholly owned
leading national private banks and part of Malayan subsidiaries, namely Maybank Offshore Corporate
Banking Berhad (Maybank), which ranks amongst the Services (Labuan) Sdn. Bhd. (MOCS) and Sorak Financial
largest financial services groups in the ASEAN region. Holdings Pte. Ltd. (Sorak). Then, through the results of the
Maybank Indonesia’s presence in Maybank regional Extraordinary General Meeting of Shareholders, PT Bank
network has strengthened its capability in providing Internasional Indonesia Tbk dated 24 August 2015, the
comprehensive financial solutions to various customer approval of the Minister of Law and Human Rights of the
segments. Republic of Indonesia through Decree of the Minister of
Law and Human Rights No. AHU-0941203. AH.01.02 of 2015
The Bank was founded on 15 May 1959, under the name dated 26 August 2015, and the Decision of the Board of
PT Bank Internasional Indonesia Tbk (BII). As it was Commissioners of the Financial Services Authority (OJK)
expanding, Maybank Indonesia obtained a license as a No. 18/KDK.03/2015 dated 23 September 2015, BII changed
foreign exchange bank in 1988 and a year later, listed its its name to PT Bank Maybank Indonesia Tbk (Maybank
shares as a public company in 1989 on the Jakarta Stock Indonesia), confirming its identity as an integral entity
Exchange and the Surabaya Stock Exchange, which have that is inseparable from the Maybank Group and
now merged to form the Indonesia Stock Exchange. This continuously striving to provide Humanising Financial
milestone laid a crucial foundation for the Bank’s growth Services to all stakeholders.
and transformation into the solid and highly competitive
banking institution it is today. Maybank Indonesia provides a comprehensive range
of banking products and services for both individual
and corporate customers through its Community
Financial Services line, which includes retail and non-
retail banking, as well as Global Banking. This service
portfolio is designed to meet the diverse financial needs
of customers in an integrated and sustainable manner.
In addition, the Bank also distributes financing in the
By the end of the 2025 financial year,
automotive sector through its subsidiaries, namely WOM
Maybank Indonesia had 275 branches, Finance for two-wheeled vehicle financing and Maybank
Finance for four-wheeled vehicle financing. The presence
including Sharia branches, spread
of these subsidiaries strengthens Maybank Indonesia’s
across various regions in Indonesia financial services ecosystem, particularly in the consumer
financing segment.
and one overseas branch (Mumbai,
India). Maybank Indonesia also had In line with the acceleration of digital transformation,
the Bank is continuously developing digital banking
22 mobile branch offices and 661
capabilities and services through M2U platforms
ATMs (including 26 Cash Recycling (App and Web) for retail customers, M2E for corporate
customers, and various other digital channels. These
Machines) connected to ATMs within
initiatives reflect the Bank’s commitment to improving
the ATM PRIMA, ATM BERSAMA, ALTO, service quality, operational efficiency, and customer
experience amidst the dynamic demands of modern
and CIRRUS networks, and Maybank
banking.
ATMs in Singapore, Malaysia, and
Brunei. Maybank Indonesia also
managed customer deposits of Rp116.2
trillion, with total assets reaching
Rp193.7 trillion.
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ASSOCIATION MEMBERSHIP LIST OF
MAYBANK INDONESIA
Organisation Name Membership Status
Inisiatif Keuangan Berkelanjutan Indonesia (IKBI) Active
Perhimpunan Bank Nasional (PERBANAS) Active
Asosiasi Sistem Pembayaran Indonesia (ASPI) Active
Asosiasi Emiten Indonesia (AEI) Active
Indonesian Corporate Secretary Association (ICSA) Active
Corporate
Logo and Identity
MAYBANK BRAND is not just a name, but is a unity
of values and symbols as outlined in its visual identity
so that it reflects outlined in its visual identity so that
it reflects.
MAYBANK TIGER is a symbol of noble and great power.
A symbol that indicates Maybank’s honest leadership
and strength. The “friendly” typeface symbolises a down
to earth human character. The letterings are designed
uniquely and easily legible, refining the appearance of
the dashing and mighty.
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Our
Journey
1959 1988-1989 2003-2004 2012 2013
Established on May 15, • Obtained license as a • The first local bank to • The first bank in “The Best Bank in
1959 by eleven business Foreign Exchange Bank. provide Cash Deposit Indonesia to provide Service Quality” for
players originating Machine (CDM) Paperless Account four consecutive years
• Listed its shares on
from Jakarta, Bandung, service. Opening System according to Institute
Jakarta Stock Exchange
Magelang, Semarang to reduce time in of Service Management
and Surabaya Stock • The first local
and Surabaya. account opening Studies (ISMS) Trisakti.
Exchange (now the bank to introduce
service.
Indonesia Stock multifunction shariah
Exchange). (sekarang cards functioning as • Broke new records
Bursa Efek Indonesia). charge card, debit with total assets
1979 card and ATM. exceeding Rp100
trillion and net profit of
1990 more than Rp1 trillion.
Merged with PT Bank
Tabungan Untuk Umum 2008
1895 Surabaya. • Issued Visa and
MasterCard kredit Acquired by Malayan
cards Banking Berhad
• Became the first (Maybank) through
issuer of Mastercard a wholly owned
Travelers Cheque subsidiary, MOCS.
2018 2019 2020 2021
• Issued Shelf • Allianz Life and Maybank Indonesia • Presenting the U Savings, a savings
• Appointed as Registered Bond II introduced downtime life solution that can accommodate
one of Hajj Funds Tranche IV and Shelf insurance, SmartProtection and iB and facilitate all daily financial
Management Partners Registered Bond III SmartProtection for the financing needs which can be easily
(BPS-BPIH) by Hajj Tranche I at Rp640.5 of both conventional and shariah accessed digitally by using the M2U
Funds Management billion and Rp1 trillion products. ID application.
Agency (BPKH) respectively.
and subsequently • Maybank took an active role in • Distributing medical aid for
launched Hajj and • Launched the new supporting the Government to COVID-19 Countermeasures to 25
Umrah savings M2U Maybank App fight COVID-19 outbreak through a government and private hospitals
account named mobile banking series of social activities, including; in partnerships with Good Seeds.
MyArafah. application with donating personal protective
• Appointed by Bank Indonesia and
a more modern equipment (PPE), providing basic
• Issued Shelf the Central Bank of China as ACCD
and user-friendly groceries and food packages to the
Registered Bonds (Appointed Cross Currency Dealer)
appearance. affected communities, including the
II Tranche II and banks for Rupiah and Yuan Local
disabled.
Tranche III at Rp645.5 • Joined the Indonesian Currency Settlement.
billion and Rp379 Sustainable Financial • DinMaybank was named “The
• Won the title of best workplace in
billion respectively Initiative (IKBI) as a World’s Best Consumer Digital Banks
Asia for six years in a row, organised
form of commitment 2020” for the Asia-Pacific region and
• Completed Rp2 trillion by Business Media International, an
to implement the “Best Website Design” for the
rights issue. Asian HR publisher.
sustainable finance. sub-category award.
• Provided Indonesia’s • Offered Cash • Maybank became the first bank
first ever shariah Collection Solution in Indonesia to facilitate PT Bio
hedging facility to facilities for the first Farma Inc, a state-owned producer
corporate customers time to corporate and distributor of pharmaceutical
• Undertook strategic customers of PT products, in the response to
partnership with Federal International COVID-19 through vaccine supply.
PT Angkasa Pura II Finance (FIF GROUP)
• Maybank was named “Best Digital
(Persero) (“AP II”) by Bank” in the 3rd Global Retail
providing additional Banking Innovation Awards 2020
term loan facility of held by Digital Banker.
Rp3 trillion
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2014 2015 2016 2017
• Issued Subordinated • Announced the • Officially announced the • Signed a
Bonds of Rp1.5 change of name of Bank’s new logo – Maybank Memorandum of
trillion and Sukuk PT Bank Internasional Indonesia – that is in line with Understanding (MoU)
Mudharabah of Rp300 Indonesia Tbk to the Maybank Group corporate with PT Railink to
billion. PT Bank Maybank identity, hence providing added support a cashless
Indonesia Tbk, hence value to the customers. transaction for
• Conducted Right Issue
becoming one entity payment system
VII of Rp1.5 trillion. • Issued Shelf Registered
with Maybank Group. of Soekarno- Hatta
Subordinated Bonds II Bank
• Launched the “Shariah International Airport
• Achieved notable Maybank Indonesia Tranche
First” strategy as train.
performance from II Year 2016 with a nominal
Shariah products
Shariah Banking by amount of Rp800 billion • Issued Shelf
and service provider
taking the 5th position and Shelf Registered Sukuk Registered Bonds II
across business
in Shariah Banking Mudharabah I Bank Maybank Tranche I amounting
segments.
industry and the 1st Indonesia Tranche II Year 2016 to Rp835 billion and
• Provided Musyarakah position in the Shariah with a nominal amount of Shelf Registered
financing facility to Business Unit in terms Rp700 billion. Sukuk Mudharabah II
Garuda Indonesia. of assets. Tranche I amounting
• Supported the National
to Rp266 billion.
• Launched internet- Infrastructure Development
based mobile banking by providing shariah financing • Issued Negotiable
“Maybank2U” facility to Certificate of Deposits
PT Waskita Karya (Persero) Tbk (NCD) amounting to
and PT Jasa Marga (Persero) Rp400 billion.
Tbk.
2022 2023 2024 2025
• Issued Shelf Registered • Maybank Indonesia has • Maybank Indonesia, through • Maybank Indonesia, through
Bond IV Tranche I Year 2022 launched a Gold Savings its Sharia Business Unit (UUS), its Sharia Business Unit,
amounting to Rp1 trillion opening feature on M2U ID App signed a strategic cooperation
strengthens its collaboration with
to further enrich the choice of agreement with one of
• Launched the Customer
investment products that can the largest Islamic da’wah Muhammadiyah and LPPOM MUI
Fund Account (RDN) to facilitate halal certification for
be selected by customers. organisations in Indonesia,
facility to encourage
the Muhammadiyah Central MSMEs in Indonesia.
customers in trading or • Maybank Indonesia Shariah
Leadership (PP) in Yogyakarta,
investing in stock/securities Business Unit launched
to provide sharia-based • Maybank Indonesia and Bank
instruments. an integrated wealth Negara Indonesia signed Rp1.85
financial solutions for PP
management solution
• Along with Maybank Muhammadiyah and its trillion (US$110 million) long-term
“Shariah Wealth Management
Group organised the 2022
(SWM)” which offers Shariah-
ecosystem. syndicated loan agreement to
Maybank Sustainability car manufacturer VinFast, along
based investment solutions • Maybank Indonesia expanded
Day at Taman Bhagawan,
covering financial, social and its co-brand credit card with with an additional US$80 million
Bali on August 27, 2022 to
enhance awareness and
spiritual aspects. the launch of the Maybank accordion facility, to finance the
Manchester United Credit construction of its assembly plant
encourage sustainability • Development of new Shariah
Card.
practices to the participants PAYDI life insurance products in Subang, West Java.
and the Bank’s partners. (development of unit-linked • Maybank Indonesia signed
insurance to be marketed a Rp4 trillion Uncommitted • Maybank Indonesia entered into
• Organised the Maybank a strategic collaboration with
face-to-face or without face- Facility Line agreement with
Syariah entrepreneurship
to-face including but not PT Sarana Multigriya Finansial Nanobank Syariah to launch
competition called
ISYEFpreneur which is a
limited to branch distribution (Persero) (SMF). Indonesia’s first Sharia Restricted
channels with a referral Investment Account (SRIA).
collaboration between UUS • Maybank Indonesia signed
business model.
Maybank Indonesia and a strategic cooperation
• Maybank Indonesia disbursed
Indonesian Islamic Youth • Maybank Indonesia agreement with PT
Economic Forum (ISYEF). successfully organised the Berdayakan Usaha Indonesia a sustainability-linked Ijarah
first and only ‘Elite’ Label Road (“Batumbu”), under which Muntahiyah Bittamlik (IMBT)
• Launched a new feature in
Race in Indonesia, Maybank it funnelled a total loan of Syndication facility worth Rp1.1
the M2U app for customers’
financial management,
Marathon with start and finish Rp1 trillion to Batumbu SME trillion, out of a total Rp3.3 trillion
location at Bali Safari & Marine customers. (US$199 million), to PT Pelayanan
namely 360 Digital Wealth,
Park, Gianyar.
which is capable to • Launched a feature of Listrik Nasional (PLN) Batam.
consolidate all financial • Fulfillment of the 7.5% free float Government Securities (SBN)
activities that customers portion of shares in connection purchase in the secondary
conduct through the app. with the UBS AG London sales market through its M2U ID
transaction of 13.95 billion Banking App, which now can
shares (18.31%), and the Vital be accessed by more people,
Solution Fund purchase including retail investors
transaction of 6.65 billion seeking flexibility and optimal
shares (8.73%) investment.
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03 / C O M P A N Y P R O F I L E
Organisational
Structure
BOARD OF
COMMISSIONERS
Internal Audit
Audit Committee
Committee
Risk Oversight Risk Management
Committee Committee
Nomination & Asset Liabilities
Remuneration Committee
Committee (ALCO)
DIRECTOR LEGAL,
IT Oversight IT Steering
Committee Committee COMPLIANCE, DIRECTOR RISK DIRECTOR DIRECTOR INFORMATION
CORPORATE SECRETARY MANAGEMENT OPERATIONS TECHNOLOGY
& ANTI FRAUD EFFENDI WIDYA PERMANA BAMBANG ANDRI IRAWAN
Integrated Good Integrated Risk
Corporate Governance Management YESSIKA EFFENDI
Committee Committee 3)
Whistleblowing
Governance
Committee Other Supporting
Committees Credit Risk Management IT Digital Delivery &
Anti Fraud 2) Credit Operations
IMANUEL CIPTA IDAMAN Operations
RUDY STEVEN GULTOM JACOBUS DADU LEIN
TARIGAN HENDRAMIN PRAMULYO
IT CFS Delivery &
Compliance Retail Credit Portfolio & Operation Processing
Internal Audit 1) Operations
E. IWAN NUGROHO Policy Center
HARISENO ACHARYAMA RICKY INDRAYANTO
SUSANTO HENDRA SANTANU IRWAN SANTOSO
DJAYA (pjs)
Strategy & Corporate Legal & Non Retail Credit Policy & Customer Experience IT Global Banking Delivery
Transformation Litigation Strategic Risk Management & Operations
MICHAEL ADRIAN KHUSNUDHON Management CLARA INDA TIARA ALLAN MARLATANG
A. DIMAS AGUSNUGROHO
Corporate Corporate Secretary Shared Service & IT Analytic Reporting &
SME Credit Risk Channel Operations Corporate Delivery
Communications PUTU DEWIKA
SHINTA KUSUMA DEWI BENYAMIN NURPATRIA RICKY INDRAYANTO
BAYU IRAWAN ANGGANINGRUM
SETIAWAN DJAYA
Market, Liquidity &
Sustainability Financial Crime Treasury Credit Risk Branch Operations IT Infrastructure &
MARIA TRIFANNY Compliance Management Control & Assurance Operations
FRANSISKA RIKA I NYOMAN HADIJAYA YULIES APRILYANTI JOHANES SETIYABUDI
SIMBARA GIRI
Corporate Brand Enterprise Risk Process,
& Marketing Personal Data Protection Performance & IT Enterprise Architecture
Management & Platform
Communications MAYA OCTAVIA WIDJAYA Embbeded Risk
YOSEF OKTAVIANUS S. FELIX FREEMAN
REZA VARINDRA ILHAM RIZKI KINAN
Technology Risk IT Governance, Planning
Management & Project Management
RUSDI RACHIM EDWARD CAHYADI
KARSONO
Operational Risk &
IT Security
Business Continuity
PATRIA INDRAJAYA
SURYO PRASETYA
Reporting Lines
Financial Reporting
Coordination Lines Integrity
Digital Banking
CHARLES BUDIMAN
LUCAS ANITA
Supervision Lines
Core Banking Project
SETIASMO
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GENERAL MEETING OF
SHAREHOLDERS
SHARIAH
SUPERVISORY BOARD
BOARD OF DIRECTORS
PRESIDENT DIRECTOR
STEFFANO RIDWAN
DIRECTOR
DIRECTOR DIRECTOR DIRECTOR DIRECTOR
COMMUNITY FINANCIAL
HUMAN CAPITAL FINANCE SHARIAH BUSINESS UNIT GLOBAL BANKING
SERVICES
IRVANDI FERIZAL SHAIFUL ADHLI YAZID ROMY HARDIANSYAH RICKY ANTARIKSA
BIANTO SURODJO
Financial
Sharia Global Banking
Business Human Capital 1 Controlller & Corporate Banking Business Banking PT Wahana
R. B. RADITYA
RAHARTATY Investor Relations HERTANTO GUNADI MARIANA HUSIN Ottomitra
YUDHANEGARA
ABDUR RAZZAQ Multiartha Tbk
Financial Institution Group
Business Human Capital 2 Sharia Community SME Banking PT Maybank
Corporate Treasury GOLFINA
PAULUS DANANG YANRI Financial Services TJHANG DAVID W. Indonesia
ROY BAHREN SIREGAR KUSMARNINGRUM
HATMOKO DANDY SUPRANDONO Finance
Syndication Consumer SUBSIDIARIES
Sharia Wealth & Halal RIFAN ARISTA TJAN CHRISTIAN
Talent Acquisition Finance & Accounting
Ecosystem
RENI ASTUTI DEWI JESSELEE BERNHARD
AZZADY BIN JAMALUDDIN
Regional Client Coverage Wealth Management &
YUZREIN IDZRAN BIN MOHD Segmentation
Rewards, Organization Procurement, Premises & Sharia Product YUSOF SUMITRO
Development & Strategy Vendor Relation Management
NELDA VICTORIA SIBURIAN YULINDA SIMANJUNTAK BAGINDA SAUMAR
Global Markets Community Distribution
Talent Management & I MADE BUDHI P. ARTHA HARRYANTO PRAMONO
GB & BB Remedial Sharia Advisory &
Organization Learning CHARLES AGUSTINUS Assurance
MARTUA BANGUN RUNTU M. FAISAL MUCHTAR
JAYAWINATA
Non Retail Strategic
Transaction Banking
Partnership
Sharia Process ADE RANGKOTO
PAULUS CHOLOT JANALA
Employee Relations & SME & Consumer Development,
Health Safety Collections Compliance & ERU
YULIA PRIHANDINI R. RUSVANDY ROUSLY AGUS RACHMAT GB Business Planning,
HIDAJATULLOH Performance, &
Embedded Risk Unit Retail Credit Process
MUHAMMAD HENDRO MUHAMMAD SALAM
Sharia Strategy Planning, WIJANARKO
HC Operations
Performance & Finance CFS Business Planning
CHAIRANY DANUSAPUTRA
DIMAS BAGAS SURYAWAN & Performance
Maybank Indonesia -
India Management
MOHIT VARMA PATRICIA
HENDRAWIRAWAN
CFS Embedded Risk,
Control and Transaction
Monitoring
Note: HUMILO FELONA RONITUA
1. In discharging its duties, the Internal Audit work unit submits reports to the President Director or the
Board of Commissioners and is authorised to communicate directly with the Board of Directors, Board of
Commissioners, Audit Committee, and Sharia Supervisory Board. Pricing & Data Analytics
2. The National Anti-Fraud function is responsible to the President Director and reports directly to the Board RAHMAT KURNIA
of Commissioners.
3. Coordination with Integrated Good Corporate Governance Committee
4. As the head of the Financial Literacy and Financial Inclusion function, coordinating with the Sustainability
Unit.
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03 / C O M P A N Y P R O F I L E
Vision, Mission, and
Corporate Culture
VISION
To be the leading financial services provider in
Indonesia, driven by passionately committed
and innovative people, creating value and
serving communities.
MISSION
Humanising Financial Services
Through this mission, with being at the heart of the community, we will:
Make financial services simple, intuitive,
01 and accessible
Build trusted partnerships for a
02 sustainable future together
Treat everyone with respect, dignity,
03 fairness and integrity
Board of Commissioners and Board of Directors Approval for The
Bank’s Vision and Mission
The vision and mission of Maybank Indonesia have been reviewed and approved by Board of Commissioners and Board
of Directors. The Bank conducts a periodic review on this Vision & Mission.
To date the Bank’s Vision & Mission are deemed to be valid and aligned with the current condition.
At the end of November 2014, the Board of Commissioners and the Board of Directors convened and agreed to refine the
Bank’s vision and mission in accordance with the latest strategy devised and implemented by the Bank. The alignment
of vision and mission was also held in conjunction with the joint pact during the BII Maybank Leaders Offsite Meeting in
Bogor. The event was held on 21 March 2014.
The latest review was conducted on 28 November 2025 together with BOD and BOC approval in the Bank Business Plan
(RBB) 2026-2028.
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
CORPORATE CULTURE
Teamwork
We work together as a team based on mutual
respect and dignity
Integrity
We are trusted, professional and
ethical in all our dealings
Growth
We are passionate about constant
improvement and innovation
Excellence & Efficiency
We are committed to delivering outstanding
performance and superior service
Relationship Building
We continuously build genuine long-term and
mutually beneficial partnerships
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03 / C O M P A N Y P R O F I L E
Core
Business
Business Lines According to the Latest Articles of Association
Based on the Company's latest Articles of Association, Maybank Indonesia's primary business activity is general banking.
In accordance with Article 3 of the Articles of Association, in order to achieve the Company's aims and objectives, the
Bank is authorised to carry out its primary business activities and related supporting activities, in accordance with
applicable laws and regulations, as follows:
Business Activities Performed
Business Activities Based on Articles of Association
Performed Not Performed
CORE BUSINESS
a. Accumulate funds from the public in the form of deposits in the form of demand √
deposits, time deposits, certificates of deposit, savings and/or other equivalent
forms.
b. Issue Letters of Credit. √
c. Buy, sell or guarantees at own risk and for the benefit of and at the behest of its √
customers, letters, as follows:
I. Draft notes whose validity period is not longer than the normal are accepted by √
the Company;
II. Letters of credit and other securities whose validity period is not longer than in √
the normal of trading securities in question;
III. Government securities and government guarantees; √
IV. Bank Indonesia Certificates (SBI); √
V. Bonds; √
VI. Futures trading; √
VII. Other term securities. √
d. Provide loans √
e. Borrow funds and/or lend funds to other banks, either by using letters, √
telecommunication advice or by promissory notes, checks, or other means.
f. Transfer funds, both for its own sake, and for the benefit of customers. √
g. Receive payments from bills for securities and perform calculations with or √
between third parties.
h. Provide safe storage to store valuables and securities. √
i. Conduct safekeeping for the benefit of other parties based on contract. √
j. Placing funds from customers to other customers in the form of securities not listed √
on the stock exchange.
k. Perform Factoring, Credit Card business and Trustee activities. √
l. Carry out all other activities commonly carried out by the bank insofar as they √
do not conflict with the applicable statutory provisions, including acting as a
Custodian Bank.
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Business Activities Performed
Business Activities Based on Articles of Association
Performed Not Performed
m. Provide financing and/or conducting activities based on Shariah Principles, in √
accordance with the provisions stipulated by the Financial Services Authority and
the National Shariah Council.
n. Carry out temporary investment activities to overcome the consequences of credit √
failures or financing failures based on Shariah Principles, provided that bank must
withdraw participation, by fulfilling the conditions set by the Financial Services
Authority.
SUPPORTING BUSINESS ACTIVITIES
a. Conduct activities in Foreign Exchange in accordance with the provisions stipulated √
by the Financial Services Authority.
b. Partake in equity capital involvement in banks or other companies in the financial √
sector, such as leasing, venture capital, credit card business, consumer financing,
securities companies, insurance, and settlement and deposit clearing institutions,
by fulfilling the conditions set by the Financial Services Authority.
c. Carry out temporary investment activities to overcome the consequences of credit √
failures or financing failures based on Shariah Principles, provided that bank must
withdraw participation, by fulfilling the conditions set by the Financial Services
Authority.
d. Act as founder and administrator of a Pension Fund in accordance with the √
provisions of the applicable pension fund legislation.
e. Sell all or part of collateral, through auction or otherwise, in the event that the √
debtor does not fulfill its obligations to the Company, provided the purchased
collateral shall be disbursed as soon as possible.
f. Carry out all other business support that is commonly carried out by a bank insofar √
as it does not conflict with applicable laws.
Business Activities Undertaken in the Fiscal Year
As of 31 December 2025, Maybank Indonesia has carried out all business activities stipulated in the latest Articles of
Association.
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03 / C O M P A N Y P R O F I L E
Products and
Services
FUNDINGS CFS RETAIL
SAVINGS WEALTH MANAGEMENT
• Maybank Savings Account • Maybank Premier
• Maybank MAKSI Savings Account • Third Party Fund Services
• Maybank Pro Savings Account - Government Bonds
• Maybank Woman One Savings Account - Mutual Funds
• Maybank Superkidz Savings Account - Dual Currency Investment
• Maybank MyPlan Savings Account - Bancassurance (Life Insurance and General
• Maybank Super Valas Savings Account Insurance)
• Maybank TabunganKu Savings Account
• Maybank SimPel Savings Account MORTGAGE
• Maybank EduPlan Savings Account • Kredit Properti
• Maybank RDN Savings Account • Kredit Properti Multiguna
• Maybank Payroll Savings Account • Kredit Properti Bebas Bunga
• Kredit Properti Fix & Fix
DEMAND DEPOSITS
• Maybank Rupiah Demand Deposits CREDIT CARD & PERSONAL LOANS
• Maybank Foreign Currency Demand Deposits • Maybank Visa Infinite Credit Card
• Maybank Multicurrency Demand Deposits • BMW Maybank Credit Card
• Maybank DHE Demand Deposits • MINI Maybank Credit Card
• Maybank Visa Platinum Credit Card
TIME DEPOSITS • Fitness First Maybank Credit Card
• Maybank Time Deposit • Celebrity Fitness Maybank Credit Card
• Maybank On-Call Time Deposit • Maybank JCB Credit Card
• Maybank Online Time Deposit • Maybank White Card Credit Card
• Maybank ESG Time Deposit • Maybank Mastercard Platinum Credit Card
• Maybank Corporate Credit Card
CFS NON RETAIL • Maybank Manchester United Credit Card
• Maybank Personal Loans
• Investment Financing
• Working Capital Financing AUTO LOANS
• Commercial Property Financing • Joint Financing - Auto Finance
• eBiz Pintar
• eBiz Maxi Maybank Finance:
• KPM Niaga • Investment Financing
• Heavy Equipment Financing - Finance Lease IDR
- IMBT (Ijarah Muntahiyah Bin Tamliq)
MAYBANK DIGITAL BANKING - Installment Financing
• Multipurpose Financing
• M2U ID App - Goods Multipurpose Financing
• M2U ID Web - Service Multipurpose Financing
• M2E • Working Capital Financing
• CoOLPay
• QR Pay Merchant WOM Finance:
• Maybank ATM • Multipurpose Goods Financing
• Maybank Direct Debit - New Bike Financing (PPSA)
• Maybank Virtual Account • Multipurpose Services Financing
• Western Union - MotorKu Multipurpose Financing (PPSA)
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- MotorKu Funding Facility • Pre-shipment Financing
- MobilKu Multipurpose Financing • Post Shipment Financing (Negotiation & Discounting)
- MobilKu Funding Facility • Export Collection Basis
• Investment Financing • Outward Documentary Collection
- Sale and Leaseback MobilKu
• Working Capital Financing Bank Guarantee
- MobilKu Business Capital Facility • Standby LC
- Sale and Leaseback MobilKu • Demand Guarantee
- Sale and Leaseback MotorKu • Counter Guarantee
• Purchase Financing (Murabahah Contract) • E-Guarantee
- New Motorcycle Sharia Financing
- “MasKu” Gold Sharia Financing Structure Trade Finance
• Service Financing (Ijarah Contract) • Invoice Financing Buyer
• “HajiKu“ Sharia Financing • Invoice Financing Seller
• Forfaiting
GLOBAL BANKING • Banker’s Acceptance
• Risk Participation
TREASURY DAN GLOBAL MARKETS
• Foreign Exchange (Spot, Forward, Swap, DNDF) CUSTODIAN BANK
• Fixed Income (Bond) • Safekeeping Services:
• Interest Rate Swap (IRS) - Bond Settlement
• Cross Currency Swap (CCS) - Bond Safekeeping
• Currency Option - Corporate Action
• Interest Rate Futures • Fund Services:
• Forward IB - Fund Accounting
• Cross Currency Hedging IB (CCH IB) - Unit Registry
• Call Spread Option (CSO)
• Collar Option (CLO) CASH MANAGEMENT
• Dual Currency Investment (DCI) • Payment Services
• Swap Investment (SWI) - Outgoing Fund Transfer (Overbooking, BI-FAST, SKN,
• Digital Investment (DGI) RTGS & Real Time Online Transfer)
• Money Market (Interbank Lending/ Borrowing, Repo, Rev. - Outgoing Remittance (SWIFTgpi)
Repo, Cross Ccy Repo) - Outgoing Remittance (Local Currency Settlement)
• Other Treasury Services using the respective local currencies of the related
countries (IDR, MYR, CNY)
TRADE FINANCE - Payroll Payment
Import - Bulk Payment
• Letter of Credit (LC) – Sight & Usance: LC Local/ SKBDN – - Tax Payment (Modul Penerimanaan Negara)
Sight & Usance - Cash Delivery
• LC / SKBDN Usance Payable at Sight and LC / SKBDN - SWIFT MT101
Usance Payable at Usance
- Inward Documentary Collection • Collection Services
- Trust Receipt Financing - Incoming Transfer (Overbooking, BI-FAST, SKN, RTGS &
- Shipping Guarantee Real Time Online Transfer)
- Incoming Remittance (SWIFTgpi)
Export - Incoming Remittance (Local Currency Settlement)
• Export LC/SKBDN Advising using the respective local currencies of the related
• Transfer L/C/SKBDN countries (IDR, MYR, CNY, KRW)
• L/C Confirmation
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 89
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03 / C O M P A N Y P R O F I L E
- Foreign Telegraphic Transfer (FTT) - Joint Financing – Shariah Auto Finance
- Cheque Clearing (Inkasi & Intercity Clearing) - Property Financing iB Bebas (Musyarakah
- Cash & Cheque Deposit Mutanaqisah)
- Cash & Cheque Pick Up Service - Personal Financing iB
- Direct Debit & SKN Direct Debit
• Non Consumer
• Liquidity Management Services Cash
- Scheduled Transfer - Musyarakah Mutanaqisah (MMq)
- Target Balance - Musyarakah Financing
- Funding Balance - Mudharabah Financing
- Sweep In, Sweep Out & Sweep Balance - Murabahah Financing
- BI Fast Sponsor Bank - IMBT Leasing iB
- Invoice Financing iB Buyer
• Information/Account Management Service - Invoice Financing iB Seller
• Current Account - Working Capital Line - Musyarakah
- Information/Account Mutation in MT940/950 format - Sharia Trade Financing Trust Receipt iB – Musyarakah
- Information/Account Mutation through API - Sharia Trade Financing LC/SKBDN UPAS iB – Kafalah Bil
Ujrah
CORPORATE ELECTRONIC CHANNELS - Sharia Trade Financing LC/SKBDN UPAU iB - Kafalah Bil
• Maybank2E Ujrah
• Maybank CoOLPAY (Corporate Online Payment Gateway - Sharia Trade Financing Pre- Shipment Financing –
& Financial Value Chain) Musyarakah
• M2E Trade
• Host to Host and API connection Non Cash
- Letter of Credit (L/C) iB (Kafalah)
FINANCIAL SUPPLY CHAIN MANAGEMENT (FSCM) - Domestic L/C iB (Kafalah)
• Distributor Financing - Shariah Guarantee (Guarantee iB)
• Supplier Financing - Documentary Collection iB
SHARIAH BANKING • Other Shariah Banking Services
- Foreign Currency Hedging iB
FUNDING PRODUCTS - Sharing Restricted Invesment Account iB (SRIA iB)
• Maybank iB Savings (Mudharabah, Wadiah) - Shariah Life Insurance Product with Business
• Maybank MAKSI iB Savings (Mudharabah) Reference Model
• Maybank Pro iB Savings (Mudharabah) - Shariah Life Insurance Product with Integrated
• Maybank Women One iB Savings (Mudharabah) Business Model
• Maybank SuperKidz iB Savings (Mudharabah) - Shariah Life Insurance Product (PAYDI)
• Maybank MyArafah iB Savings
• Maybank MyPlan iB (Mudharabah) WEALTH MANAGEMENT
• Maybank TabunganKu iB (Wadiah) • Government Sukuk
• Maybank Simpel iB (Mudharabah) • Sharia Mutual Funds
• Maybank Super Valas iB (Mudharabah) • Sharia Bancassurance (Sharia life insurance and
• Maybank iB Demand Deposits (Mudharabah, Wadiah) Sharia general insurance)
• Maybank iB Time Deposits (Mudharabah)
• Maybank Rekening Tabungan Jemaah Haji (RTJH) DIGITAL SERVICES
(Mudharabah) - Maybank2U ID
• Maybank U Savings iB - Maybank2E
• Maybank Current Account Multicurrency iB - Maybank CoOLPay (Corporate Online Payment Gateway
(Mudharabah) & Financial Value Chain)
- Maybank API (Application Programming Interface)
FINANCING PRODUCTS - Maybank eBiz
• Consumer - Trade Connex
Cash - eCustody
- Property Ownership Financing iB (Musyarakah
Mutanaqisah)
- Property Multipurpose Financing iB (PP Multiguna iB)
(Musyarakah Mutanaqisah)
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Board of Commissioners
Profile
Dato’ Sri Khairussaleh Ramli
PRESIDENT COMMISSIONER
Age Domicile
58 Years old Malaysia
Gender Term of Office
Male 2025 – 2028
Nationality
Malaysia
Educational Background Legal Basis of Appointment
• Bachelor of Science in Business Administration, Washington • Appointment: Resolution of Annual GMS dated 25 March
University, St Louis, USA 2022
• Advanced Management Program, Harvard Business School, • Effectively in serve: 4 October 2022
Harvard University, Boston • Reappointment:
- AGMS dated 11 April 2025
Work Experiences
• Director, Corporate Services, Pigas Engineering Sdn Bhd Affiliate Relationship
(1997-1998) • Not affiliated with other members of the Board of
• Bursa Malaysia Berhad: Commissioners, members of the Board of Directors, and
- Senior Manager, International Affairs (1998-2001) members of the Shariah Supervisory Board of the Bank;
- Vice President, Planning and Development (2001-2002) • Affiliated with majority Shareholders of the Bank
- Senior Vice President, Finance and Strategy (2002-2004)
- Chief Financial Officer (2004-2006) Education and Training in 2025
• Telkom Malaysia Berhad: • Cyber Risk & Security Awareness Session by Mandiant &
- Chief Executive, TM Ventures (2006-2008) Trellix
- Group Strategy Officer (2008) • Forum Ekonomi Malaysia 2025
• Group Chief Financial Officer, Malayan Banking Berhad • Evolution Of Banking Model: Traditional – Digital – Virtual;
Group (2008-2012) FinTech: Serene; NatWest Data Transformation & Core
• President Director and Chief Executive Officer, PT Bank Banking
Maybank Indonesia, Tbk (2012-2013) • The Art of the Possible in AI
• RHB Banking Group: • The Leadership Mystique
- Deputy Group Managing Director (2013-2015) • Learnings from Europe’s Fastest Growing Startup
- Group Managing Director (2015-2022) • Fortune ASEAN-GCG-China Economic Forums 2025
• Non-Executive Director, Cagamas Holdings Berhad (2022- • Training SMR J6 BOC
2024) • Ujian SMR J6 BOC
• AML CFT PF and ABC Training for BOD-BOC
Concurrent Position
Other Listed Company Certification
• President & Group Chief Executive Officer - Malayan Banking Qualification 6 Field of Bank Risk Management Fast Track,
Berhad Group (Maybank) (since 2022) issued by Professional Certification Body Banking Professional
Other Institutions Certification Body (LSP LSPP) on 29 September 2025
• Non-Executive Director - Payments Network Malaysia Sdn
Bhd (Paynet) (since 2022) Committee Membership
• Non-Independent Non-Executive Director – Maybank Member of Nomination and Remuneration Committee
Singapore Limted (since 2022)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 91
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Marina R Tusin
INDEPENDENT COMMISSIONER
Age Domicile
69 years old Jakarta, Indonesia
Gender Term of Office
Female 2024 – 2027
Nationality
Indonesia
Educational Background Affiliate Relationship
Bachelor of Psychology, University of Indonesia, Indonesia Not affiliated with other members of the Board of
Commissioners, members of the Board of Directors,
Work Experiences members of the Shariah Supervisory Board, and the majority
• Researcher, UNIKA Atma Jaya Research Centre (1981-1983) Shareholders of the Bank
• Partner, PT PwC Indonesia Konsultan (1983-2002)
• Founding and Managing Partner, TASS Consulting Education and Training in 2025
(2002-2012) • New Year Town Hall 2025
• President Director, PT PwC Consulting Indonesia • In-House Cyber Risk & Security Awareness Session
(Partner PwC South East Asia Consulting) (2013-2024) • Agile Leadership Training
• Lite Agile Showcase & Awards Day 2025
Concurrent Position • Guru Series: AI Transformation
Other Listed Company • Refreshment SMR J6 BOC
No concurrent positions • Annual Board Risk Workshop
Other Institutions • Agile Open Day to strengthen Agile mindset across all levels
Chairwoman also an independent member of the in conjuction with Group Agile COE
Remuneration and Human Resources Committee – Badan • Culture Transformation Workshop
Pengelola Investasi Daya Anagata Nusantara (since October • AML CFT PF and ABC Training for BOD-BOC
2025) • Training for Bionic Squad on New Parctical Habits
• Corporate Governance Excellence: Navigating Governance
Legal Basis of Appointment ini Groups & Annual Cybersecurity Awareness
Appointed as Independent Commissioner of PT Bank Maybank
Indonesia, Tbk based on the decision of the Annual General Certification
Meeting of Shareholders (AGMS) dated 1 April 2024 and has Risk Management Refresher for Qualification Level 6, issued
received approval for the Fit and Proper Test Assessment by the Indonesia Bankers Association – Banking Competency
from the Financial Services Authority with an effective date Center (IBI-BCC) on 25 June 2025
of 19 July 2024, with a term of office until the closing of the
Company’s Annual GMS in 2027 Committee Membership
• Chairwoman also Member of Nomination and
Remuneration Committee
• Member of Risk Oversight Committee
• Member of Whistleblowing Governance Committee
• Member of Integrated Good Corporate Governance
Committee
92 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Hendar
INDEPENDENT COMMISSIONER
Age Domicile
68 years old Jakarta, Indonesia
Gender Term of Office
Male 2023 – 2026
Nationality
Indonesia
Educational Background Legal Basis of Appointment
• Bachelor of Economic in Management, Universitas • Appointment: Resolution of Extraordinary GMS dated 16
Padjadjaran Bandung October 2017
• Master of Art, in Development Economics, Center for • Effectively in serve: 22 January 2018
Development Economics Williams College, USA • Reappointment:
• Doctoral degree in Business Management, Universitas - AGMS dated 30 March 2020
Padjadjaran, Indonesia - AGMS dated 31 March 2023
Work Experiences Affiliate Relationship
• Bank Indonesia: Not affiliated with other members of the Board of
- Credit Planning and Supervision Staff, General Credit Commissioners, members of the Board of Directors,
(1983-1990) members of the Shariah Supervisory Board, and the majority
- Head of Credit Section, Bank Indonesia Padang Branch Shareholders of the Bank
(1990-1995)
- Head of Section for Balance of Payments Statistics Education and Training in 2025
Division, Economic and Monetary Affairs (1995-1996) • New Year Town Hall 2025
- Economic Researcher, Department of Microeconomic • In-House Cyber Risk & Security Awareness Session
Studies, Economic Research Affairs and Monetary Policy • Agile Leadership for Strategic Impact Training by Deloitte
(1996-1997) • Guru Series – Step into The Future with AI Transformation
- Deputy Head of the Balance of Payments Statistics • Refreshment SMR J6 BOC
Section, Economic Research Affairs and Monetary Policy • Annual Board Risk Workshop
(1997-1999) • Culture Transformation Workshop
- Head of Balance of Payment Statistics Section (1999- • AML CFT PF and ABC Training for BOD-BOC
2003) • Corporate Governance Excellence: Navigating Governance
- Head of Policy Analysis and Planning (2003- 2004) in Groups & Annual Cybersecurity Awareness
- Head of the Monetary Policy Bureau (2004-2009) • IRPA Annual Risk Professional Summit 2025
- Executive Director of the Monetary Management
Department (2009-2013) Certification
- Assistant Governor of Bank Indonesia Payment System, Risk Management Refresher for Qualification Level 6, issued
Money Circulation and Information System Management by the Indonesia Bankers Association – Banking Competency
(2013) Center (IBI-BCC) on 25 June 2025
- Deputy Governor of Bank Indonesia (2013-2016)
• President Commissioner PT Kebon Agung (2017-2023) Committee Membership
• Chairman also Member of Audit Committee
Concurrent Position • Member of Risk Oversight Committee
Other Listed Company • Member of Nomination and Remuneration Committee
No concurrent positions • Alternate Chairman also Member of Whistleblowing
Other Institutions Governance Committee
• Lecturer – Lembaga Pengembangan Perbankan Indonesia
(LPPI) (since 2017)
• Lecturer - STIE Indonesia Banking School (IBS) Jakarta
(since 2017)
• Advisor - PT Visa Worldwide Indonesia (since 2022)
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Putut Eko Bayuseno
INDEPENDENT COMMISSIONER
Age Domicile
64 years old Jakarta, Indonesia
Gender Term of Office
Male 2024 – 2027
Nationality
Indonesia
Educational Background Affiliate Relationship
Graduated from the Indonesian Armed Force Academy Not affiliated with other members of the Board of
(AKABRI) in 1984 and obtained a Bachelor of Laws degree, Commissioners, members of the Board of Directors,
Bhayangkara University, Surabaya, East Java members of the Shariah Supervisory Board, and the majority
shareholder of the Bank
Work Experiences
• Indonesia National Police: Education and Training in 2025
- Adjutant to the President of the Republic of Indonesia, • In-House Cyber Risk & Security Awareness Session
Susilo Bambang Yudhoyono (2004-2009) • Agile Leadership Training
- Vice Chief of Metro Jaya Regional Police (2009-2011) • Lite Agile Showcase & Awards Day 2025
- Chief of Banten Regional Police (2011) • Guru Series: AI Transformation
- Chief of West Java Regional Police (2011-2012) • Refreshment SMR J6 BOC
- Chief of Metro Jaya Regional Police (2012-2014) • Annual Board Risk Workshop
- Head of the Security Maintenance Board (2014- 2017) • Culture Transformation Workshop
- Chief Executive of the Illegal Levy Eradication Task Force - • AML CFT PF and ABC Training for BOD-BOC
the Coordinating Ministry for Political, Legal and Security • Corporate Governance Excellence: Navigating Governance
Affairs (2017-2019) in Groups & Annual Cybersecurity Awareness
- Inspector of General Supervision (2017-2019)
• Advisor, PT Hyundai Indonesia (2019-2021)
• Commissioner, PT Infosys Solusi Terpadu (2019-2021) Certification
• Commissioner, PT Agincourt Resources (2020-2025) Risk Management Refresher for Qualification Level 6, issued
by the Indonesia Bankers Association – Banking Competency
Center (IBI-BCC) on 25 June 2025
Concurrent Position
Other Listed Company Committee Membership
Commissioner – PT Acset Indonusa Tbk (since May 2025) • Member of Audit Committee
Other Institutions • Member of Risk Oversight Committee
Senior Advisor - PT Agincourt Resources (since 2025) • Chairman also Member of Whistleblowing Governance
Committee
Legal Basis of Appointment
• Appointment: Resolution of AGMS dated 26 March 2021
• Effectively in serve: 7 September 2021
• Reappointment:
- AGMS dated 1 April 2024
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Daniel James Rompas
INDEPENDENT COMMISSIONER
Age Domicile
67 years old Jakarta, Indonesia
Gender Term of Office
Male 2024 – 2027
Nationality
Indonesia
Educational Background Legal Basis of Appointment
Bachelor of Economics, Universitas Jayabaya Jakarta, Appointed as Independent Commissioner of PT Bank Maybank
Indonesia Indonesia, Tbk based on the decision of the Extraordinary
General Meeting of Shareholders (EGMS) dated 27 September
Work Experiences 2024 and has received approval for the Fit and Proper Test
• Control Division, Citibank, Jakarta (1982-1985) Assessment from the Financial Services Authority with an
• Credit Dept, PT Citicorp Leasing Indonesia, Jakarta (1985- effective date of 3 Januari 2025, with a term of office until the
1986) closing of the Company’s Annual GMS in 2027
• PT Bank Niaga/PT Bank CIMB Niaga, Jakarta:
- Overseas Branch Department (1987-1996) Affiliate Relationship
- Merchant Banking Group Head (1996-1998) Not affiliated with other members of the Board of
- Remedial Group Head (1998-1999) Commissioners, members of the Board of Directors,
- Risk Management Director (1999-2004) members of the Shariah Supervisory Board, and the majority
- Business Banking Director (2004-2006) shareholder of the Bank
- Vice President Director/Retail Banking Director (2006-
2008) Education and Training in 2025
- Credit & Enterprise Risk Management Director • In-House Cyber Risk & Security Awareness Session
concurrently Finance & Corporate Planning Director • Agile Leadership Training
(2008-2009) • Lite Agile Showcase & Awards Day 2025
- Vice President Director - Credit & Risk Management • Guru Series: AI Transformation
(2009-2013) • Refreshment SMR J6 BOC
- Vice President Director - MSME, Commercial Banking & • Annual Board Risk Workshop
Shariah (2013-2016) • Agile Open Day to strengthen Agile mindset across all levels
• Lembaga Pembiayaan Export Indonesia (LPEI), Jakarta: in conjuction with Group Agile COE
- Chairman of the Board of Directors concurrently Executive • Culture Transformation Workshop
Director (2019-2021) • AML CFT PF and ABC Training for BOD-BOC
- Member of Board of Director (2022-2024) • Corporate Governance Excellence: Navigating Governance
• Member of the Board of Trustee - Dana Pensiun Gereja in Groups & Annual Cybersecurity Awareness
Kristen Indonesia (“GKI”) (2019-2025)
• President Commissioner, PT IEB Prima Aset (2022-2023) Certification
Risk Management Refresher for Qualification Level 6, issued
Concurrent Position by the Indonesia Bankers Association – Banking Competency
Other Listed Company Center (IBI-BCC) on 25 June 2025
No concurrent positions
Other Institutions Committee Membership
• Treasurer - Lembaga Perguruan Tinggi Teologi Indonesia • Chairman also member of Risk Oversight Committee
(since 2023) • Member of Audit Committee
• Member of Information and Technology Oversight
Committee
• Chairman also member of Integrated Good Corporate
Governance Committee*
*) Pursuant to Article 18 of OJK Regulations No.18/POJK.03/2014
concerning the Implementation of Integrated Governance for
Financial Conglomerates; The membership of Independent
Commissioners, independent parties, and member of the Sharia
Supervisory Board in the Integrated Governance Committee
within a Financial Conglomerate is not considered as concurrent
positions
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03 / C O M P A N Y P R O F I L E
Edwin Gerungan
COMMISSIONER
Age Domicile
77 years old Jakarta, Indonesia
Gender Term of Office
Male 2023 - 2026
Nationality
Indonesia
Educational Background Affiliate Relationship
Bachelor of Philosophy/Economy, Principia College, Elsah, Not affiliated with other members of the Board of
Illinois, USA Commissioners, members of the Board of Directors,
members of the Shariah Supervisory Board, and the majority
Work Experiences shareholder of the Bank
• Vice President, Head of Treasury and Financial Markets
Citibank NA (1972-1997) Education and Training in 2025
• Senior Advisor, Atlantic Richfield (1997-1999) • In-House Cyber Risk & Security Awareness Session
• Executive Vice President, PT Bank Mandiri Indonesia Tbk • Agile Leadership Training
(1999-2000) • Lite Agile Showcase & Awards Day 2025
• Head of BPPN, Indonesian Bank Restructuring Agency • Guru Series: AI Transformation
(“IBRA”)/BPPN (2000-2001) • Refreshment SMR J6 BOC
• Commissioner, PT Bank Central Asia Tbk (2002-2003) • Annual Board Risk Workshop
• Independent Commissioner, PT Bank Danamon Indonesia • Agile Open Day to strengthen Agile mindset across all levels
Tbk (2003-2005) in conjuction with Group Agile COE
• President Commissioner, PT Bank Mandiri Indonesia Tbk • Culture Transformation Workshop
(2005-2014) • AML CFT PF and ABC Training for BOD-BOC
• President Director, PT BHP BILLITON (2007-2013) • Corporate Governance Excellence: Navigating Governance
• Commissioner, PT Indonesia Infrastructure Finance in Groups & Annual Cybersecurity Awareness
(2014-2018)
• Independent Non-Executive Director, Malayan Banking Certification
Berhad (2015-2024) Risk Management Refresher for Qualification Level 6, issued
• President Commissioner, PT Melchor Tiara Pratama by the Indonesia Bankers Association – Banking Competency
(Melchor Group) (since 2021) Center (IBI-BCC) on 25 June 2025
Concurrent Position Committee Membership
Other Listed Company • Member of Risk Oversight Committee
No concurrent positions • Member of Nomination and Remuneration Committee
Other Institutions • Member of Information Technology Oversight Committee
No concurrent positions
Legal Basis of Appointment
• Appointment: Resolution of the AGMS dated 31 March 2017
• Effectively in serve: 2 March 2018
• Reappointment:
- AGMS dated 30 March 2020
- AGMS dated 31 March 2023
96 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Datuk Lim Hong Tat
COMMISSIONER
Age Domicile
66 years old Malaysia
Gender Term of Office
Male 2024 – 2027
Nationality
Malaysia
Educational Background Affiliate Relationship
Bachelor of Economics in Business Administration (Honors), • Not affiliated with other members of the Board of
University of Malaya, Malaysia Commissioners, members of the Board of Directors, and
members of the Shariah Supervisory Board of the Bank;
Work Experiences • Affiliated with majority Shareholders of the Bank
• Chief Manager, Maybank (1997-2000)
• President & CEO, Maybank Philippines Inc (2000-2006) Education and Training in 2025
• Senior Executive Vice President, Maybank (2006-2008) • Maybank Indonesia: In House Cyber Risk & Security
• Deputy President, Maybank Malaysia (2008-2013) Awareness Sessions
• Group Head CFS & CEO, Maybank Singapore (2014-2017) • A Sneaking Suspicion/Introduction to Security
• Non-Executive Director, Maybank Philippines Inc • Behind Closed Doors/Security Essentials: Protecting
(2014-2023) Accounts, Devices and Systems/Spot the Difference:
• Group CEO – CFS, Maybank (2017-2018) Cybersecurity on the Web
• Senior Advisor, Creador (Private Equity Co,). (2018-2021) • Incident Reporting/Web Browsing: Identifying Threats
(Advanced)/Gladys Richwoman
Concurrent Position • Training Refreshment Risk Management Certificate 6
Other Listed Company • Annual Board Risk Workshop 2025
No concurrent positions • Cyber Security Assignment
Other Institutions • Contemporary Issues in Anti Money Laundering & Anti-
• Senior Advisor - Areca Capital Sdn Bhd. (since 2018) Terrorism Financing
• Independent Non-Executive Director – Malaysia Smelting • Corporate Governance Excellence: Navigating Governance
Corporation Berhad (MSC) (since 2022) in Groups & Annual Cybersecurity Awareness
• Independent Non-Executive Director - Maybank
(Cambodia) Plc (MCP) (since 2024) Certification
Risk Management Refresher for Qualification Level 6, issued
Legal Basis of Appointment by the Indonesia Bankers Association – Banking Competency
• Appointment: Resolution of Extraordinary GMS dated 18 Center (IBI-BCC) on 25 June 2025
October 2018
• Effectively in serve: 5 August 2019 Committee Membership
• Reappointment: • Member of Risk Oversight Committee
- AGMS dated 26 March 2021 • Member of Information Technology Oversight Committee
- AGMS dated 1 April 2024
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 97
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03 / C O M P A N Y P R O F I L E
Dato’ Zulkiflee Abbas Abdul Hamid
COMMISSIONER
Age Domicile
68 years old Malaysia
Gender Term of Office
Male 2025-2028
Nationality
Malaysia
Educational Background Education and Training in 2025
• Bachelor of Science in Marketing, Southern Illinois University • Cyber Risk & Security Awareness
• Master of Business Administration, Southern Illinois • Forum Ekonomi Malaysia 2025 (FEM2025)
University • Special Lecture on Global Events & Financial Industry
• Advanced Management Programme, The Wharton School Outlook
of Business, University of Pennsylvania • Navigating AI Risks: Opportunities, Risks, and Governance for
Leaders
Work Experiences • Bank Negara Malaysia – Annual Report 2024, Economic and
• Enterprise Banking, Corporate Banking, International Monetary Review 2024 and Financial Stability Review for
Banking and Credit Management, Maybank (1981-2005) Second Half 2024
• Affin Bank Berhad: • The Influence of Board Culture on Corporate Performance
- Director, Business Banking (2005-2009) • BNM Sasana Symposium 2025
- Managing Director/Chief Executive Officer (2009-2015) • Training SMR J6 BOC
• Chief Executive Officer, Affin Holdings Berhad (2014-2015) • Ujian SMR J6 BOC
• Independent Non-Executive Director, Maybank Islamic • Directors guide to RMiT
Berhad (2016-2017) • Khazanah Megatrends Forum 2025
• President/Managing Director, Bank Kerjasama Rakyat • IIF – Maybank Sustainable Finance Forum 2025
Malaysia Berhad (2017-2019) • Fireside Chat with PNB Investee Companies’ Directors
• Corporate Governance Excellence – Navigating
Concurrent Position Governance in Groups & Annual Cybersecurity Awareness
Other Listed Company
• Independent Non-Executive Director - Malayan Banking Certification
Berhad Group (Maybank) (since 2019) Qualification 6 Field of Bank Risk Management Fast Track,
Other Institutions issued by Professional Certification Body Banking Professional
• Independent Non-Executive Director dan Chairman - Certification Body (LSP LSPP) on 29 September 2025
Maybank Islamic Berhad (sejak 2019)
Committee Membership
Legal Basis of Appointment • Member of Risk Oversight Committee
• Appointment: Resolution of Annual GMS dated 25 March • Chairman also Member of Information Technology
2022 Oversight Committee
• Effectively in serve: 6 July 2022
• Reappointment:
- AGMS dated 11 April 2025
Affiliate Relationship
• Not affiliated with other members of the Board of
Commissioners, members of the Board of Directors,
members of the Shariah Supervisory Board, and the
majority Shareholders of the Bank;
• Affiliated with majority Shareholders of the Bank
98 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Board of Directors
Profile
Steffano Ridwan
PRESIDENT DIRECTOR
Age Domicile
52 years old Jakarta, Indonesia
Gender Term of Office
Male 2024-2027
Nationality
Indonesia
Educational Background Legal Basis of Appointment
Bachelor of Science in Business Administration Oklahoma Appointed as President Director of PT Bank Maybank
State University, Stillwater Amerika Serikat Indonesia, Tbk based on the resolution of the Annual General
Meeting of Shareholders (AGMS) dated 1 April 2024 and has
Work Experiences received approval of Fit and Proper Test Assessment from the
• Sales Supervisor, Herbalife International Inc., Stillwater, Financial Services Authority with an effective date of 11 July
Oklahoma, USA (1994-1995) 2024, with a term of office until the closing of the Company’s
• Management in Trainee, Builders Square, Tulsa, Oklahoma, Annual GMS in 2027
USA (1995)
• CITIBANK Affiliate Relationship
- Citiphone Banking Office/Liabilities Product & Complaint Not affiliated with other members of the Board of Directors,
Resolution Champion – Assistant Manager (1996-1998) members of the Board of Commissioners, members of the
- Branch & ATM Expansion Project – Assistant Manager Shariah Supervisory Board, and the majority and controlling
(1998-1999) shareholder
- Bank Card Sales Manager (1999-2000)
- Bank Card Deputy Regional Sales Manager (2001) Education and Training in 2025
- Bank Card Regional Sales Manager for Jakarta Area – • New Year Town Hall 2025
Assistant Vice President (2001- 2002) • Agile Leadership Training
• Standard Chartered Bank • ESG Champion Kick Off
- Head of National Sales, Consumer Banking (2003-2006) • Lite Agile Showcase & Awards Day 2025
- Value Centre General Manager Shared Distribution • Media Training for PresDir of MBI
Consumer Banking (2006-2007) • Leaders Bootcamp 2025
• Retail Banking Lending Head – Senior Vice President, • MEPC Finale Day
PT Bank Danamon Indonesia Tbk (2007-2008) • Budget & Strategy 2026 Preliminary Workshop
• PT Bank DBS Indonesia • Refreshment SMR J7 BOD
- Head of Consumer Finance Business – Senior Vice • MBI Leaders Workshop 2025
President (2008-2009) • AML CFT PF and ABC Training for BOD-BOC
- Deputy Head of Consumer Banking Group (2010) • Maybank ECSEbersamaan LCP&RCP Test 2025
- Managing Director, Director of Consumer Banking Group
(2010-2015) Certification
- Acting President Director (CEO) for DBS Indonesia (2015) Risk Management Refresher for Qualification Level 7, issued
- Managing Director, Director of Commercial & SME Banking by the Indonesia Bankers Association – Banking Competency
(2015-2018) Center (IBI-BCC) on 28 August 2025
• Head of Business Banking (Board of Management),
PT Bank BTPN Tbk (2018-2020) Committee Membership
• Director Community Financial Services (CFS), PT Bank • Chairman also Member of Risk Management Committee
Maybank Indonesia Tbk (2020-2024) • Chairman also Member of Assets & Liabilities Management
• Commissioner, PT Maybank Indonesia Finance (2020-2025) Committee
• Chairman also Member of Information Technology Steering
Concurrent Position Committee
Other Listed Company • Alternate Chairman also Member of Integrated Risk
No concurrent positions Management Committee
Other Institutions • Chairman also Member of Credit Committee 1
No concurrent positions • Chairman also Member of Credit Restructuring Committee 1
• Chairman also Member of Credit Policy Committee
• Chairman also Member of Human Capital Committee
• Chairman also Member of Transformation Steering
Committee
• Chairman also Member of Joint Steering Committee
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 99
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03 / C O M P A N Y P R O F I L E
Shaiful Adhli Yazid
DIRECTOR
Age Domicile
53 years old Malaysia
Gender Term of Office
Male 2024 – 2027
Nationality
Malaysia
Educational Background Education and Training in 2025
• B.A. (Econ.) Accounting and Finance, The University of • New Year Town Hall 2025
Manchester • Agile Leadership Training
• Master of Business Administration (Distinction), University of • Media Handling Training For BOD
Wales-Cardiff, Wales • Guru Series: AI Transformation
• Bionic Tiger – Finance
Work Experiences • Leaders Bootcamp 2025
• Auditor, Deloitte Touche Tohmatsu Johor, Malaysia • Budget & Strategy 2026 Preliminary Workshop
(1996-1999) • Refreshment SMR J7 BOD
• Manager-Audit, KPMG Singapore (1999-2005) • Basic Commissioner Certification
• Head of Finance-South East Asia, Macquarie Bank • The Cyber Aftershock of Tariff Decisions
Singapore (2005-2011)
• Credit Suisse AG Singapore (2011-2012) Certification
- Head-Accounting Policy & Assurance Group, APac Risk Management Refresher for Qualification Level 7, issued
- Director, Head-Finance New Business by the Indonesia Bankers Association – Banking Competency
• Senior Manager, Operational Risk-Malaysia and Indonesia, Center (IBI-BCC) on 28 August 2025
Royal Bank of Scotland Singapore (2013)
• Partner, Forrestone Management Consultants Singapore Committee Membership
(2013-2015) • Chairman also Member of Internal Audit Committee
• CFO, National Bank of Abu Dhabi (2015-2018) • Deputy Chairman also Member of Assets & Liabilities
• Chief Financial Officer (“CFO”), Maybank Islamic Management Committee
Berhad(2018-2023) • Member of Risk Management Committee
• Adviser-Group Finance, Malayan Banking Berhad • Member of Information Technology Steering Committee
(2023-2024) • Member of Credit Committee 1 & 2
• Member of Credit Restructuring Committee 1 & 2
Concurrent Position • Member of Credit Polic Committee
Other Listed Company • Member of Human Capital Committee
No concurrent positions • Member of Human Capital Disciplinarian Committee
Other Institutions • Member of Transformation Steering Committee
No concurrent positions • Member of Joint Steering Committee
Legal Basis of Appointment
Appointed as Director of PT Bank Maybank Indonesia, Tbk
based on the decision of the Annual General Meeting of
Shareholders (AGMS) dated 1 April 2024 and has received
approval for the Fit and Proper Test Assessment from the
Financial Services Authority with an effective date of 26
August 2024, with a term of office until the closing of the
Company’s Annual GMS in 2027
Affiliate Relationship
Not affiliated with other members of the Board of Directors,
members of the Board of Commissioners, members of the
Shariah Supervisory Board, and the majority and controlling
shareholder
100 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Irvandi Ferizal
DIRECTOR
Age Domicile
57 years old Jakarta, Indonesia
Gender Term of Office
Male 2024-2027
Nationality
Indonesia
Educational Background Education and Training in 2025
Bachelor in Psychology with cum laude, Universitas • New Year Town Hall 2025
Padjadjaran • Agile Leadership Training
• Media Handling Training For BOD
Work Experiences • Lite Agile Showcase & Awards Day 2025
• Training & Development Manager PT Kalbe Farma • Guru Seris: AI Transformation
(1992-1996) • CHRO Retreat 2025
• Training & Development Manager TNT Indonesia • Leaders Bootcamp 2025
(1996-1998) • MEPC Finale Day
• Country HR Director TNT Indonesia (1998-2008) • Budget & Strategy 2026 Preliminary Workshop
• Head of Human Resources for Sub Region Indonesia Nokia • Refreshment SMR J7 BOD
Siemens Network (2008-2011) • RCC Sertifikasi Uji Kompetensi Bidang MSDM
• Director of HR Indonesia & HR Leader for Southeast Asia • MBI Leaders Workshop 2025
Region (ISC Department) Mondelez International (2011-2015) • AML CFT PF and ABC Training for BOD-BOC
Concurrent Position Certification
Other Listed Company Risk Management Refresher for Qualification Level 7, issued
No concurrent positions by the Indonesia Bankers Association – Banking Competency
Other Institutions Center (IBI-BCC) on 28 August 2025
No concurrent positions
Committee Membership
Legal Basis of Appointment • Member of Risk Management Committee
• Appointment: Resolution of EGMS dated 1 December 2015 • Member of Information Technology Steering Committee
• Effectively in serve: 21 January 2016 • Member of Internal Audit Committee
• Reappointment: • Member of Human Capital Committee
- Resolution of GMS dated 6 April 2018 • Member of Human Capital Disciplinarian Committee
- Resolution of GMS dated 26 March 2021 • Member of Transformation Steering Committee
- Resolution of GMS dated 1 April 2024 • Member of Joint Steering Committee
• Member of Whistleblowing Governance Committee
Affiliate Relationship
Not affiliated with other members of the Board of Directors,
members of the Board of Commissioners, members of the
Shariah Supervisory Board, and the majority and controlling
shareholder
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 101
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Effendi
DIRECTOR
Age Domicile
55 years old Jakarta, Indonesia
Gender Term of Office
Male 2023-2026
Nationality
Indonesia
Educational Background • Undangan OJK Pertemuan Tahunan Industri Jasa Keuangan 2025
• Bachelor of Petroleum Engineering, Institut Teknologi Bandung (ITB) – Penguatan Sektor Jasa Keuangan Yang Stabil & Inklusif untuk
• Master of Business Administration, MMU University Malaysia Mendukung Program Prioritas Nasional
• Guru Series: AI Transformation
Work Experiences • BOD Offsite Meeting
• Project Engineer Oil Production Sharing, PT Arco Indonesia • Bionic Squad Competition (as Judge)
(1994-1995) • AGM
• Account Officer, PT Bank Danamon Indonesia Tbk (1995-1999) • BRP (Big Room Planning)
• Senior Staff (Manager) Task Force BBKU- Asset Management • M25+ Quaterly Business Review
Investment, Indonesia Bank Restructuring Agency (“IBRA”) • Leaders Bootcamp 2025
(1999-2000) • Mentoring Masterclass for Mentors
• Group Head (AVP) Risk Management Credit Review Division, IBRA • Budget & Strategy 2026 Preliminary Workshop
(BPPN) (2000-2004) • Bionic Tigr – Dir. Risk
• Financial Controller (on behalf of IBRA), PT Pindo Deli Pul & Paper Mills • ABRW 2025 – GR CRO
ad PT Lontar Papyrus Pulp & Paper Industry (APP Sinar Mas Group) • BOC Offsite Meeting
(2002-2003) • Sustain Event
• Credit Adviser – Credit Risk Division, PT Bank Central Asia Tbk • MMB
(2004-2007) • Refreshment SMR J7 BOD
• Senior Risk Manager (AVP), PT Bank Internasional Indonesia Tbk • Group Risk Townhall
(2007-2008) • Senior Leaders’ Engagement – M30
• Corporate Banking Risk Head (VP), PT Bank Maybank Indonesia Tbk • Global CR Day
(2008) • MBI Leaders Workshop 2025
• Bankwide Risk Head (VP), PT Bank Maybank Indonesia Tbk • AML CFT PF and ABC Training for BOC-BOD
(2008-2009) • Enterprise Crisis Simulation Exercise (ECSE) 2025
• Credit Risk Management Group Head (SVP-PE) PT Bank Maybank • Business Alignment Meeting Q 4
Indonesia Tbk (2009- 2015) • Maybank Indonesia Staff Townhall Q3/Financial Results
• Chief Credit Officer (EVP-PE), PT Bank Maybank Indonesia Tbk • Maybank Group Staff Townhall
(2015-2017) • Dialog Akhir Tahun antara Anggota Dewan Komisioner dan Industri
Jasa Keuangan Tahun 2025
Concurrent Position • Workshop Business Banking 2025 – Uphold the Energy 2026
Other Listed Company • BOD Roadshow Regional JKT 2
No concurrent positions
Other Institutions Certification
No concurrent positions Risk Management Refresher for Qualification Level 7, issued by the
Indonesia Bankers Association – Banking Competency Center (IBI-
Legal Basis of Appointment BCC) on 28 August 2025
• Appointment: Resolution of AGMS dated 31 March 2017
• Effectively in serve: 21 July 2017. Committee Membership
• Reappointment: • Chairman also Member of Integrated Risk Management
- AGMS dated 30 March 2020 Committee
- AGMS dated 31 March 2023 • Alternate Chairman also Member of Credit Committee 1
• Chairman also Member of Credit Committee 2
Affiliate Relationship • Alternate Chairman also Member of Credit Restructuring
Not affiliated with other members of the Board of Directors, members Committee 1
of the Board of Commissioners, members of the Shariah Supervisory • Chairman also Member of Credit Restructuring Committee 2
Board, and the majority and controlling shareholder • Chairman also Member of Human Capital Committee
• Deputy Chairman also Member of Risk Management Committee
Education and Training in 2025 • Deputy Chairman also Member of Credit Policy Committee
• New Year Town Hall 2025 • Member of Assets & Liabilities Management Committee
• Agile Leadership Training • Member of Information Technology Steering Committee
• SSSA • Member of Internal Audit Committee
• Media Handling Training For BOD • Member of Human Capital Committee
• ESG Champion Kick Off • Member of Transformation Steering Committee
• Lite Agile Showcase & Awards Day 2025 • Member of Joint Steering Committee
• KSHOP SME CREDIT 2025 • Member of the Whistleblowing Governance Committee
102 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Yessika Effendi
DIRECTOR
Age Domicile
53 years old Jakarta, Indonesia
Gender Term of Office
Female 2024-2027
Nationality
Indonesia
Educational Background Affiliate Relationship
• Bachelor of Science (Math & Comp. Science), The University Not affiliated with other members of the Board of Directors,
of Adelaide, Adelaide-Australia members of the Board of Commissioners, members of the
• Master of Business Administration (MBA), Purdue University Shariah Supervisory Board, and the majority and controlling
Global shareholder
Work Experiences Education and Training in 2025
• Citibank, N.A: • Agile Leadership Training
- Manager Associate - Project Manager (1997-1998) • Media Handling Training For BOD
- Assistant Manager - Collection and IATA-BSP Unit Head - • Refreshment SMR J7 BOD
Citibank, N.A, Jakarta (1998-1999) • Leaders Bootcamp 2025
- Manager-Trade Operation Unit Head - Citibank, N.A, • MEPC Finale Day
Jakarta (1999-2001) • Budget & Strategy 2026 Preliminary Workshop
- Assistant Vice President - Deputy Transaction Delivery • MBI Leaders Workshop 2025
Head - Citibank, N.A, Jakarta (2001) • AML CFT PF and ABC Training for BOD-BOC
- Assistant Vice President-Document Checking and Export • Maybank ECSEbersamaan LCP&RCP Test 2025
Booking Unit Head - Citigroup Trade Services, Penang
Malaysia (2001-2003) Certification
- Vice President - Trade and Remote Branches Operation Banking Risk Management Maintenance (Refreshment)
Head - Citigroup, Jakarta (2004-2006) Program for KKNI Level 7, issued by Inovasi Finansial Indonesia
- Senior Vice President - Cash and Trade Operations Head (inofin) on 25 March 2025
- Citibank, N.A, Jakarta (2006-2008)
- Director - Global Transactions Services Operations Head Committee Membership
- Citibank, N.A, Jakarta (2008-2010) • Member of Risk Management Committee
- Direktur Kepatuhan - Citibank, N.A, Jakarta (2010-2017) • Member of Information Technology Steering Committee
• Compliance Director, PT Bank HSBC Indonesia (2017-2020) • Member of Credit Policy Committee
• Director of Compliance, Legal and Corporate Secretary, • Member of Internal Audit Committee
PT Bank Commonwealth Indonesia (2020-2024) • Member of Human Capital Committee
• Member of Human Capital Disciplinarian Committee
Concurrent Position • Member of Transformation Steering Committee
Other Listed Company • Member of Joint Steering Committee
No concurrent positions • Member of Whistleblowing Governance Committee
Other Institutions
No concurrent positions
Legal Basis of Appointment
Appointed as Director of PT Bank Maybank Indonesia, Tbk
based on the decision of the Annual General Meeting of
Shareholders (AGMS) dated 1 April 2024 and has received
approval for the Fit and Proper Test Assessment from the
Financial Services Authority with an effective date of 11 July
2024, with a term of office until the closing of the Company’s
Annual GMS in 2027
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03 / C O M P A N Y P R O F I L E
Widya Permana
DIRECTOR
Age Domicile
56 years old Jakarta, Indonesia
Gender Term of Office
Male 2024 – 2027
Nationality
Indonesia
Educational Background Education and Training in 2025
• Bachelor of Economics, Universitas Padjadjaran, Bandung • New Year Town Hall 2025
• Master of Business Administration, The University of Texas at • Press Conference Maybank Marathon
San Antonio, USA • Connect-3 Mufti Menk
• Ceremony New Look Customer Call Center
Work Experiences • Agile Leadership for Strategic Impact Training by Deloitte
• Head of Treasury Operations, Bank Credit Lyonnais • Sales & Service Summit Award 2025
Indonesia (1997-2001) • Senior Leaders Town Hall
• Head of Asia Control & Coordination Capital Markets • Media Training
Operations, Credit Agricole, Hong Kong (2001-2005) • Media Handling Training For BOD
• Head of Wholesale Banking Operations, Bank DBS Indonesia • Town Hall Region Jakarta-1
(2005-2009) • Launching Lembaga Sertifikasi Profesi (LSP) Sistem
• Acting Head of Technology & Operations, Bank DBS Pembayaran Indonesia
Indonesia (2010) • Lite Agile Showcase & Awards Day 2025
• Head of Institutional Operations, Bank ANZ Indonesia (2010- • Branch Visit BBOC
2015) • Operations Directorate Townhall
• Director of Operations &Technology, Bank Sumitomo Mitsui • Guru Series – Step Into The Future with AI Transformation
Indonesia (2015-2018) • BOD Offsite Meeting
• Operations & Service Excellence Roadshow 2025 – Region
Concurrent Position Jakarta 3
Other Listed Company • Buka Puasa Bersama 1446 Hijriah bersama anak yatim
No concurrent positions • Operations & Service Excellence Roadshow 2025 – Region
Other Institutions Sumatera Selatan
Chairman of Committee 3 – Wholesale Payment Systems and • Operations & Service Excellence Roadshow 2025 – Jakarta 2
Digital Rupiah – Indonesian Payment Systems Association – • Operations & Service Excellence Roadshow 2025 – Jakarta 1
ASPI (sinc June 2025) • Operations & Service Excellence Roadshow 2025 – Jakarta 1
• Operations & Service Excellence Roadshow 2025 – Jawa
Legal Basis of Appointment Tengah
• Appointment: Resolution of EGMS dated 18 October 2018 • Sharing Session Low Code for Operations
• Effectively in serve: 18 January 2019 • Bionic Podcast
• Reappointment: • Q1 – 2025 Big Room Planning (BRP) Session
- Resolution of AGMS dated 26 March 2021 • Maybank Indonesia Senior Leaders M30 Strategy Sector
- Resolution of AGMS dated 1 April 2024 Engagement
• Opening Session CX Ambassador Workshop
Affiliate Relationship • Opening Session Training Managerial Credit Operation
Not affiliated with other members of the Board of Directors, • Engagement & Sharing Session with SMPP Batch 6
members of the Board of Commissioners, members of the • Operations & Service Excellence Roadshow Region
Shariah Supervisory Board, and the majority and controlling Sumatera Utara
shareholder • Maybank Indonesia Staff Townhall – Q1 2025 Financial
Results
• Bank Indonesia – Diseminasi Ketentuan & Aspek Keamanan
Sistem BI FAST
• Operations & Service Excellence Roadshow Region
Kalimantan
• Maybank Leaders Bootcamp 2025
104 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
• Operations & Service Excellence Roadshow Region Jawa • Bionic Squad CX Ambassador Showcase
Bali & Nusra • Maybank Group Staff Townhall - 3Q 2025 Financial Results
• Operations & Service Excellence Roadshow Region Sulawesi • Seminar “The Future of Payments: Innovate, Trusted, Global”
IBT • Operations & Service Excellence Roadshow 2025 - Region
• BIGER PSE Jawa Barat
• Operations Townhall #2 • Operations & Service Excellence Roadshow 2025 - Region
• Budget & Strategy 2026 Preliminary Workshop Jawa Tengah
• Big Room Planning (BRP) Q2 – 2025 • Operations & Service Excellence Roadshow 2025 - Region
• Forum Partisipasi Publik Rancangan PBI terkait Industri Sulawesi & IBT
Sistem Pembayaran • Opening Speech Bionic Leader - sosialisasi 5 Practical
• BOC & BOD Offsite Meeting Habits
• Maybank Indonesia Staff Townhall Q2/2025 Financial
Results Certification
• Agile Open Day Risk Management Refresher for Qualification Level 7, issued
• Operations & Service Excellence Roadshow Region Jakarta-1 by the Indonesia Bankers Association – Banking Competency
• Maybank Marathon Center (IBI-BCC) on 28 August 2025
• Maybank Group Staff Townhall
• Refreshment SMR J7 BOD Committee Membership
• Members Meeting ATM Bersama 2025 • Member of Risk Management Committee
• Senior Leaders Engagement – M30 • Member of Information Technology Steering Committee
• MBI Leaders Workshop 2025 • Member of Human Capital Committee
• MBI MPowered System Socialization - Chapter Lead First • Member of Transformation Steering Committee
Session • Member of Joint Steering Committee
• Enterprise Crisis Simulation Exercise (ECSE) 2025
• Business Alignment Meeting Q4
• Fun Run 5K & Talkshow - Run Together, Stay Connected
• Operations & Service Excellence Roadshow 2025 - Region
Jatim, Bali & Nusra
• Operations & Service Excellence Roadshow 2025 - Region
Sumatera Utara
• Maybank Staff Townhall
• Operations & Service Excellence Roadshow 2025 - Region
Kalimantan
• Operations & Service Excellence Roadshow 2025 - Region
Sumatera Selatan
• Session MDP Operational Batch 3
• Operations & Service Excellence Roadshow 2025 - Region
Jakarta 2
• Operations Directions 2026 Workshop
• Operations & Service Excellence Roadshow 2025 - Region
Jakarta 3
• Operations & Service Excellence Roadshow 2025 - Region
Jakarta 1
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Bianto Surodjo
DIRECTOR
Age Domicile
53 years old Jakarta, Indonesia
Gender Term of Office
Male 2024 – 2027
Nationality
Indonesia
Educational Background Affiliate Relationship
Bachelor of Chemical Engineering, Faculty of Industrial Not affiliated with other members of the Board of Directors,
Technology, Institut Teknologi Bandung (ITB) members of the Board of Commissioners, members of the
Shariah Supervisory Board, and the majority and controlling
Work Experiences shareholder
• PT Procter & Gamble Indonesia, Tbk. (Fast Moving Consumer
Good): Education and Training in 2025
- Sr. Research Associate for Asia-Pacific (1995-1997) • New Year Town Hall 2025
- Assistant Brand Manager (1997-1999) • Agile Leadership Training
- Brand Manager (1999-2000) • Media Handling Training For BOD
- Country Market Operations Manager (2000-2001) • ESG Champion Kick Off
• ABN AMRO Bank, N.V.: • Mortgage Business Strategy & Motivational 25
- Product Manager - Liabilities (2001-2003) • Seminar Executive Proficiency Program & Basic Finance
- Prod. Manager Liabilities, FX & Investment (2003-2004) Certification
- Head of Products (2004-2005) • Guru Series: AI Transformation
- Head of Products & FX Sales Distribution (2006) • Maybank Private Singapore – Market Outlook 2025 Seminar
• PT Bank Internasional Indonesia, Tbk: • ASEAN Fintech Forum & Awards 2025
- Head of Product & Business Development (Wealth • Leaders Bootcamp 2025
Management) (2006-2007) • Budget & Strategy 2026 Preliminary Workshop
- Head of Product & Business Development (Wealth • Strategy Session (Part I) – Future Outlook of Indonesia
Management & Funding) (2007-2009) Banking by BCG
• Head of Premier & Wealth Management, PT Bank Barclays • Refreshment SMR J7 BOD
Indonesia (2009-2010) • MBI Leaders Workshop 2025
• PT Bank Permata, Tbk: • AML CFT PF and ABC Training for BOD-BOC
- Head of Retail Liabilities, Wealth Management & • Executive Presence Programme
e-Channel (2010-2013) • Maybank ECSEbersamaan LCP&RCP Test 2025
- Director (2014-2018) • GWM ID Business Planning 2026
• Director (Business), PT Asuransi Allianz Life Indonesia (2019-
2023) Certification
• President Commissioner, PT Asuransi Allianz Life Syariah Risk Management Refresher for Qualification Level 7, issued
Indonesia (2023-2024) by the Indonesia Bankers Association – Banking Competency
• Director (Strategic Transformation & Market Management), Center (IBI-BCC) on 28 August 2025
PT Asuransi Allianz Life Indonesia (2024)
Committee Membership
Concurrent Position • Member of Risk Management Committee
Other Listed Company • Member of Assets & Liabilities Management Committee
No concurrent positions • Member of Information Technology Steering Committee
Other Institutions • Member of Credit Committeee 1 & 2
Commissioner – PT Maybank Indonesia Finance (since 2025) • Member of Credit Restructuring Committee 1 & 2
• Member of Credit Policy Committee
Legal Basis of Appointment • Member of Human Capital Committee
Appointed as Director of PT Bank Maybank Indonesia, Tbk • Member of Transformation Steering Committeee
based on the decision of the Extraordinary General Meeting • Member of Joint Steering Committee
of Shareholders (EGMS) dated 27 September 2024 and has
received approval for the Fit and Proper Test Assessment from
the Financial Services Authority with an effective date of 23
December 2024, with a term of office until the closing of the
Company’s Annual GMS in 2027
106 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Ricky Antariksa
DIRECTOR
Age Domicile
60 years old Jakarta, Indonesia
Gender Term of Office
Male 2023-2026
Nationality
Indonesia
Educational Background Education and Training in 2025
Bachelor of Industrial Engineering, Universitas Trisakti Jakarta • Agile Leadership for Strategic Impact Training
• Media Handling Training For BOD
Work Experiences • ESG Champion Kick Off
• Citibank N.A. • Lite Agile Showcase & Awards Day 2025
- Management Associate & Junior Dealer (Management • Guru Series: Step Into The Future with AI Transformation
Trainee) (1990-1995) • Industrial Update – Solar Energy
- Risk Treasury Desk (1996-1999) • Conglomeration Leadership Workshop
- Head of Fixed Income Sales & Trading (2000-2005) • Maybank Indonesia Leaders Bootcamp 2025
• PT Bank Lippo Tbk • MEPC Finale Day
- Head of Fixed Income Sales & Trading (2006) • Budget & Strategy 2026 Preliminary Workshop
- General Manager, Treasury Group (2006-2008) • Refreshment SMR J7 BOD
- Executive General Manager, Treasury – Treasury Group, • Industrial Update – Agribusiness
PT Bank CIMB Niaga Tbk (2008-2009) • MBI Leaders Workshop 2025
• PT Bank Internasional Indonesia Tbk • AML CFT PF and ABC Training for BOD-BOC
- Head of Global Market – Treasury (2009-2014) • Industrial Update - EV
- Head, State Owned Enterprise (2014)
• PT Bank Maybank Indonesia Tbk Certification
- Acting Head, Corporate Banking 1 (2014-2015) Risk Management Refresher for Qualification Level 7, issued
- Head, Public Sector & Energy (2014-2018) by the Indonesia Bankers Association – Banking Competency
- Acting Head, Local Corporate & Multinationals Center (IBI-BCC) on 28 August 2025
(2018-2019)
- Head, Public Sector (2018-2020) Committee Membership
• Member of Risk Management Committee
Concurrent Position • Member of Asset & Liabilities Management Committee
Other Listed Company • Member of Information Technology Steering Committee
No concurrent positions • Member of Credit Committee 1 & 2
Other Institutions • Member of Credit Restructuring Committee 1 & 2
No concurrent positions • Member of Credit Policy Committee
• Member of Human Capital Committee
Legal Basis of Appointment • Member of Transformation Steering Committee
• Appointment: Resolution of AGMS dated 30 March 2020 • Member of Joint Steering Committee
• Effectively in serve: 13 July 2020
• Reappointment:
- AGMS dated 31 March 2023
Affiliate Relationship
Not affiliated with other members of the Board of Directors,
members of the Board of Commissioners, members of the
Shariah Supervisory Board, and the majority and controlling
shareholder
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 107
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03 / C O M P A N Y P R O F I L E
Bambang Andri Irawan
DIRECTOR
Age Domicile
47 years old Jakarta, Indonesia
Gender Term of Office
Male 2025-2028
Nationality
Indonesia
Educational Background Education and Training in 2025
• Bachelor of Science in Math, Institut Teknologi Bandung • Agile Leadership Training
(ITB) • Media Handling Training For BOD
• Master of Management, PERBANAS Institute • Lite Agile Showcase & Awards Day 2025
• PhD School of Business Management, Institut Teknologi • Guru Series: AI Transformation
Bandung (ITB) • AI Strategy & Leadership Programme
• AML CFT PF and ABC Training for BOD-BOC
Work Experiences • Budget & Strategy 2026 Preliminary Workshop
• IT Development Officer, PT Bank Niaga Tbk (2001-2004) • Leaders Bootcamp 2025
• Retail Banking Support Department Head, Information • MBI Leaders Workshop 2025
Technolgy, PT Bank Mega Tbk (2004-2005) • Refreshment SMR J7 BOD
• SAVP, Customer Touchpoints Group Head, Information
Technology, PT Bank Danamon Indonesia Tbk (2005-2009) Certification
• Vice President, e-Channels Head, Bank Barclays Indonesia Risk Management Refresher for Qualification Level 7, issued
(2009-2010) by the Indonesia Bankers Association – Banking Competency
• PT Bank Commonwealth Indonesia: Center (IBI-BCC) on 28 August 2025
- Senior Vice President, Head of IT Application Management
(2010-2015) Committee Membership
- Executive Vice President, Head of Hub Operations, • Deputy Chairman also Member of Information Technology
Productivity & Process Excellence (2015-2016) Steering Committee
- Executive Vice President, Head of Technology (2016-2018) • Member of Risk Management Committee
• Chief Operationg Officer and Operations & Technology • Member of Human Capital Committee
Director, Bank QNB Indonesia (2018-2022) • Member of Human Capital Disciplinarian Committee
• Member of Transformation Steering Committee
Concurrent Position • Member of Joint Steering Committee
Other Listed Company
No concurrent positions
Other Institutions
No concurrent positions
Legal Basis of Appointment
• Appointment: Resolution of EGMS dated 28 September 2022
• Effectively in serve: 15 November 2022
• Reappointment:
- AGMS dated 11 April 2025
Affiliate Relationship
Not affiliated with other members of the Board of Directors,
members of the Board of Commissioners, members of the
Shariah Supervisory Board, and the majority and controlling
shareholder
108 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Romy Hardiansyah
DIRECTOR
Age Domicile
53 years old Jakarta, Indonesia
Gender Term of Office
Male 2024-2027
Nationality
Indonesia
Educational Background Affiliate Relationship
Bachelor of Science: Business Administration, San Jose State Not affiliated with other members of the Board of Directors,
University members of the Board of Commissioners, members of the
Shariah Supervisory Board, and the majority and controlling
Work Experiences shareholder
• Production Control Analyst, Proto Engineering (1996-1997)
• Senior Officer-Investment Banking, Sumitomo Niaga Bank Education and Training in 2025
(sekarang SMBC) (1997-1999) • New Year Town Hall 2025
• ABN-AMRO: • Agile Leadership Training
- Relationship Manager-Global Corporate (1999-2001) • Media Handling Training For BOD
- Manager, Credit Structuring (2001-2002) • ESG Champion Kick Off
• Senior Business Information Specialist, Financial Institutions • Lite Agile Showcase & Awards Day 2025
Group, McKinsey & Company (2002-2004) • Guru Series: AI Transformation
• Assistant Vice President, ABN-AMRO (2004-2005) • Leaders Bootcamp 2025
• Senior Vice President, Global Banking & Markets, HSBC • MEPC Finale Day
(2005-2009) • Budget & Strategy 2026 Preliminary Workshop
• Team Leader, Large Corporate, Bank Al-Bilad (2009-2010) • Training Ref SMR J7 BOD
• HSBC: • MBI Leaders Workshop 2025
- Senior Manager-HSBC Global Amanah (2011-2012) • AML CFT PF and ABC Training for BOD-BOC
- Head of Large Corporate & Public Sector (2013)
• Emirates Islamic Bank: Certification
- Head of Transaction Banking & Corporate Advisory (2013- Maintenance Program for the Level 7 Banking Risk
2017) Management Certification Scheme, issued by the Indonesian
- Head of Syndication & Capital Markets (2017-2019) Sharia Banking Association (ASBISINDO) on 9 September 2025
• Head of Shariah Banking, PT Bank Maybank Indonesia, Tbk
(2019-2024) Committee Membership
• Member of Risk Management Committee
Concurrent Position • Member of Asset & Liabilities Management Committee
Other Listed Company • Member of Information Technology Steering Committee
No concurrent positions • Member of Credit Committee 1 & 2
Other Institutions • Member of Credit Restructuring Committee 1 & 2
No concurrent positions • Member of Credit Polic Committee
• Member of Human Capital Committee
Legal Basis of Appointment • Member of Joint Steering Committee
Appointed as Director of PT Bank Maybank Indonesia, Tbk • Member of Joint Steering Committee
based on the resolution of the Annual General Meeting of
Shareholders (AGMS) dated 1 April 2024 and has obtained
approval for Fit and Proper Test Assessment from the Financial
Services Authority with an effective date of 11 Juli 2024, with a
term of office until the closing of the Company’s Annual GMS
in 2027
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 109
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03 / C O M P A N Y P R O F I L E Changes in the Composition of Management after Financial Year There were no changes in the composition of members of the Board of Directors and/or members of the Board of Commissioners after the end of the financial year until the submission deadline of the 2025 Annual Report. 110 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Senior Management
Profile
HARISENO ACHARYAMA MARIA TRIFANNY FRANSISKA
Head, Internal Audit Head, Sustainability
Indonesian citizen, 46 years old. Indonesian citizen, 39 years old.
Joining Maybank Indonesia in 2015, Hariseno has Joining Maybank Indonesia in 2019, Maria has more than
approximately 23 years of experience in banking industry, 16 years of experience in the banking industry, specialises
particularly in the areas of audit, risk and compliance. in Sustainability, Strategy, Transformation, and Enterprise
He is graduated from ITB and hold master degree of Project services. Prior to joining Maybank Indonesia,
financial management, and fellows several professional Maria held various roles, including Process Excellence &
certifications in audit, risk, management, and credit. Re-Engineering Division Head at Rabobank International
Previously, he served as the Head of the Credit & Treasury Indonesia, Head of IT COO at HSBC Indonesia, and Head of
Audit Division at Maybank Indonesia and held several IT PMO at Commonwealth Bank.
senior positions in internal audit, risk, and compliance
at some joint-venture banks as well as at KPMG. He REZA VARINDRA
is currently active as a volunteer board member in a Head, Corporate Brand & Marketing Communication
professional internal audit association. Indonesian citizen, 49 years old.
Joining Maybank Indonesia in March 2019, Reza has 23
MICHAEL ADRIAN years of experience in marketing, brand building, new
Head, Strategy & Transformation product development, as well as event and activation
Indonesian citizen, 39 years old. across various companies such as Philip Morris, AIA,
Having served as the Head of Strategy and Bank Danamon, Samsung Electronics Indonesia both in
Transformation at Maybank Indonesia since November Indonesia and abroad (Switzerland and Malaysia). Prior
2023, Michael leads strategic transformation across the to joining Maybank Indonesia, he served as SVP, Head
Bank in line with Maybank Group’s M25+ Programme. of Marketing Communication & Brand Strategy at Bank
He joined Maybank Indonesia in April 2023 as the Head Danamon.
of Strategy and brings over a decade of professional
experience in strategy consulting, including roles at Boston RUDY STEVEN GULTOM
Consulting Group and PricewaterhouseCoopers (PwC). Head, Anti Fraud
He holds a doctoral degree (PhD) in Applied Physics from Indonesian citizen, 42 years old.
Nanyang Technological University, Singapore. Rudy joined Maybank Indonesia in 2021 and has served
effectively as Head of Anti-Fraud since July 2022.
BAYU IRAWAN Prior joining Maybank Indonesia, he held the position
Head, Corporate Communications of Forensic & Dispute Investigation Head at Danone
Indonesian citizen, 49 years old. Indonesia and Forensic Audit Head at Smartfren Telecom
Bayu joined Maybank Indonesia in September 2024, (Sinar Mas Group). He holds the professional certifications
bringing over 24 years of experience across various of Certified Fraud Examiner (CFE) and Enterprise Risk
industries, including 14 years in the banking sector. Prior Management Certified Professional (ERMCP). With 20
to joining Maybank Indonesia, he served as SVP, Head years of strategic experience across the Banking, FMCG
of Corporate Communications and Financial Inclusion (Fast Moving Consumer Goods) and Telecommunication
at Commonwealth Bank, and as VP, Head of External industries, he has demonstrated strong competencies
Communications and Stakeholder Engagement at and a consistent track record in risk management,
Permata Bank. strengthening corporate governance, and upholding
corporate integrity.
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E. IWAN NUGROHO SUSANTO MAYA OKTAVIA WIDJAYA
Head, Compliance Head, Personal Data Protection
Indonesian citizen, 51 years old. Indonesian citizen, 45 years old.
Joining Maybank Indonesia in September 2024, Iwas has Joining Maybank Indonesia in December 2024 as Head
more more than 20 years of experience in compliance, Personal Data Protection, she brings more than 23 years
with a strong focus on advisory compliance. Prior of experience in the banking and consultant industries.
to joining Maybank Indonesia, he served as Head of Previously, she served as the Compliance & Governance
Compliance at PT Bank Commonwealth, where he was Assurance Head – Data Protection Officer at OCBC.
responsible for overseeing multiple units and fostering
a compliance culture across the organisation. He also IMANUEL CIPTA IDAMAN TARIGAN
has significant experience at various leading banks, Head, Credit Risk Management
including Bank ANZ Indonesia, Bank UOB Indonesia, and Indonesian citizen, 45 years old.
Bank Chinatrust Indonesia, where he held key roles in Joining Maybank Indonesia in 2014, Imanuel has more
compliance and risk mitigation. than 20 years of experience in the banking industry.
Previously, he served as Business Manager and Regional
KHUSNUDHON Desk Manager at PT Bank CIMB Niaga Tbk.
Head, Corporate Legal & Litigation
Indonesian citizen, 50 years old. HENDRA SANTANU
Joining Maybank Indonesia in January 2025 as Head, Head, Retail Credit Portfolio & Policy
Corporate Legal and Litigation, he brings more than 25 Indonesian citizen, 37 years old.
years of experience in the banking and finance industries. Joining Maybank Indonesia in December 2022 as Head,
Previously, he served as the Head of Corporate Legal at PT Retail Business Risk. Hendra has over 10 years of exposure
Bank Muamalat Indonesia Tbk. in Credit Risk Policy for the Retail & SME segments. He
began his career in 2010 as Consumer Finance Portfolio
PUTU DEWIKA ANGGANINGRUM Management at Citibank N.A. Previously, he served as
Head, Corporate Secretary Head of Business Banking Credit Portfolio & Policy at UOB
Indonesian citizen, 36 years old. Indonesia.
Joining Maybank Indonesia in February 2024, Putu Dewika
has over a decade of experience in the financial services ALBERTUS DIMAS AGUSNUGROHO
industry in Indonesia. Prior to joining Maybank Indonesia, Head, Non Retail Credit Policy & Strategic Risk
she served as a legal consultant at Baker McKenzie Management
Indonesia and as Corporate Secretary at a leading Indonesian citizen, 40 years old.
investment bank in Indonesia. He Joined Maybank Indonesia in 2019 and has
accumulated 14 years of professional experience in the
RIKA banking and risk management industry. He started his
Head, Financial Crime Compliance banking career at CIMB Niaga through The Complete
Indonesian citizen, 41 years old. Banker (TCB) program, where he spent five years
Joining Maybank Indonesia on 27 October 2022 as Head serving in various risk management roles. At Maybank
of Financial Crime Compliance, Rika brings 18 years of Indonesia, he previously held the position of Integrated
experience in the field. Previously, she served as the Head Risk Governance & Risk Scenario Analytics Head. Prior to
of FCC at PT Bank QNB Indonesia and as Senior Manager joining Maybank Indonesia, he served as Manager, Risk
at PT Ernst & Young Indonesia. Strategy & Planning at UOB Indonesia.
SHINTA KUSUMA DEWI
Head, SME Credit Risk
Indonesian citizen, 44 years old.
Joining Maybank Indonesia in July 2024, Shinta has more
than 23 years of experience in the banking industry. Prior
to joining Maybank Indonesia, she served as Head, Credit
Approval at PT Bank UOB Indonesia.
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
I NYOMAN HADIJAYA SIMBARA GIRI SURYO PRASETYA
Head, Market, Liquidity & Treasury Credit Risk Head, Operational Risk & Business Continuity
Management Indonesian citizen, 45 years old.
Indonesian citizen, 47 years old. Suryo joined Maybank Indonesia in 2019, with 23 years of
Joining Maybank Indonesia in December 2013, he has experience in both banking and non-banking industries.
more than 22 years of banking experience, particularly Previously, he served as Head, Non-Retail Credit Policy
at Assets & Liabilities Management (ALM) and Market & & Strategic Risk Management. Prior to joining Maybank
Liquidity Risk Management. Prior to that, he held several Indonesia, he held the positions of Enterprise Risk &
positions at Maybank Indonesia, including Balance Sheet Control Head at Bank Sahabat Sampoerna and Risk
Risk Head and Treasury Trading Risk Head, and was Modeling Head Wholesale at Bank Danamon.
responsible for Treasury Credit Risk Management and
Market & Liquidity Risk Modeling. Prior to joining Maybank LUCAS ANITA
Indonesia, he served as ALM Market Risk Manager at PT Head, Financial Reporting Integrity
Bank Rabobank International Indonesia, ALM Risk Manager Indonesian citizen, 48 years old.
at PT Bank Internasional Indonesia Tbk, and ALCO Support Joining Maybank Indonesia in 2017, Lucas has more than
Sub Manager at PT Bank Pan Indonesia Tbk. 20 years of banking experience in Finance & Accounting
area, as well as three years as an auditor at a Public
YOSEF OKTAVIANUS SENOBUA Accounting Firm. Previously, she served as Head, Finance
Head, Enterprise Risk Management & Accounting at Maybank Indonesia.
Indonesian citizen, 49 years old.
He joined Maybank Indonesia in August 2015, bringing 25 JACOBUS DADU LEIN
years of experience in the banking industry, particularly in Head, Credit Operations
risk management area, and the service industry. Prior to Indonesian citizen, 54 years old.
joining Maybank Indonesia, he served as Market & Liquidity He joined Maybank Indonesia in 2011 with more than 28
Risk Analytics Head at PT Bank Danamon Indonesia Tbk, years of experience in the credit operations field including
Market Risk Management Head at PT Bank CIMB Niaga Tbk, the last 14 years with Maybank. Previously, he served as
Market Risk Manager at PT Bank Lippo Tbk, and Strategic Head, CAC, Loan Operations and Appraisal in Maybank
Planning at PT Bank OCBC NISP Tbk. Indonesia.
RUSDI RACHIM IRWAN SANTOSO
Head, Technology Risk Management Head, Operation Processing Center
Indonesian citizen, 52 years old. Indonesian citizen, 55 years old.
Joining Maybank Indonesia in June 2022 as the Joining Maybank Indonesia in 2015 with portfolio in Trade
Chief Information Security Officer (CISO), Rusdi has Finance, Treasury Ops and Custodian Ops. Irwan has
eight years of banking experience, three years in 34 years of experience in banking and non-banking
the telecommunication industry, and 12 years in IT industries. Previously, he served as the Head Trade
Infrastructure and Security consulting. Prior to joining Finance & Treasury Ops at Bank OCBC Indonesia and
Maybank Indonesia, he served as SVP – Head of Head Treasury Ops at Bank OCBC NISP.
Corporate Information Security at Indosat, VP - IT Security
Management Head at Bank BTPN, and Information Security
Consulting and Architect at Dimension Data Indonesia
(NTT Group).
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CLARA INDA TIARA HENDRAMIN PRAMULYO
Head, Customer Experience Management Head, IT Digital Delivery & Operations
Indonesian citizen, 48 years old. Indonesian citizen, 46 years old.
Clara joined Maybank Indonesia in January 2022 as He joined Maybank Indonesia in 2025 with more than 20
Head, Customer Experience Management, bringing years of experience in the banking industry. Previously,
more than 21 years of experience in the service quality, he served as Group Head of Application Management
customer experience, and contact center management. in Bank Aladin Syariah and several position as IT Head in
Prior to joining Maybank Indonesia, she served as various banks.
the Head of Customer Experience and Relations at
PT Bank Commonwealth and Quality Management RICKY INDRAYANTO DJAYA
Implementation Head at PT Bank OCBC NISP Tbk. Head, IT Analytic Reporting & Corporate Delivery
Indonesian citizen, 49 years old.
BENYAMIN NURPATRIA SETIAWAN He joined Maybank Indonesia in May 2023 as Head IT
Head, Delivery Channel & Cash Operation Analytic Reporting & Corporate Delivery, bringing 27 years
Indonesian citizen, 42 years old. of experience in the banking and IT industries. Prior to this,
Joining Maybank Indonesia in 2004, Benyamin has more he served as Head IT Regulatory, Data & Analytics at Bank
than 21 years of experience in the banking industry. Danamon.
Previously, he served as the Delivery Channel Operation,
Head and Head, Delivery Channel & Centralize Cash ALLAN MARLATANG HUTAURUK
Monitoring at Maybank Indonesia. Head, IT Global Banking Delivery & Operation
Head, IT CFS Delivery & Operation
YULIES APRILYANTI Indonesian citizen, 45 years old.
Head, Branch Operations Control & Assurance He joined Maybank Indonesia in 2023 with more than
Indonesian citizen, 45 years old. 20 years of experience in the IT and banking industries.
She joined Maybank Indonesia in 1998 and has built Previously, he served as IT Corporate Core Platform Head
a career spanning over 27 years with the Company. in PT Bank Commonwealth and as Tehcnical Consultant in
Previously, she served as Head of Regional Supervision Thomson Reuters and Misys.
& Support, Regional Jakarta 2, and has been serving as
Head of Branch Operations Control & Assurance since July JOHANES SETIYABUDI
2025. Head, IT Infrastructure & Operation
Indonesian citizen, 50 years old.
ILHAM RIZKI KINAN He has served as Head of IT Infrastructure & Operations
Head, Process Excellence, Performance Management & at Maybank Indonesia since March 2022. With over 25
ERU years of experience in banking and the oil & gas industry,
Indonesian citizen, 43 years old. he brings deep expertise in technology transformation,
He joined Maybank Indonesia in February 2024, bringing infrastructure modernisation, and operational reliability.
over 18 years of experience in financial services industry, Previously, he was Head of IT Infrastructure Development
with a primary focus on banking. Prior to joining at Bank BTPN, where he played a key role in driving digital
Maybank Indonesia, he held several positions at Bank capability enhancements and infrastructure resilience.
Commonwealth Indonesia, including Treasury In-Business
Control and Business Management Head, Digital Business
Control Governance and Oversight Head, and Operational
Risk Management Head. Additionally, he served as the
Operational Risk Reporting and Analysis Head at Permata
Bank.
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FELIX FREEMAN SETIASMO SAMAMI
Head, IT Enterprise Architecture & Platform Head, Core Banking Project
Indonesian citizen, 42 years old. Indonesian citizen, 57 years old.
Felix joined Maybank Indonesia in July 2024 and brings Setiasmo joined Maybank Indonesia in December 2023,
more than 23 years of experience in financial services, bringing over 29 years of experience, primarily in the
information technology, and digital transformation. Prior financial services industry. Prior to joining Maybank
to joining Maybank Indonesia, he served as Head of Digital Indonesia, he served as a Director at PT Bank BTPN Syariah
Engineering and Architecture at Adira Finance. from 2014 to 2017. He also held the positions of Head of
In his current role, Felix leads the IT Enterprise Architecture IT Operation & Services, Infrastructure Engineering, and
and Platform function, strengthening enterprise Cybersecurity at PT Bank BTPN Tbk (now PT Bank SMBC
architecture capabilities, solution governance, and Indonesia Tbk).
strategic platform development to support the bank’s
digital transformation agenda. RAHARTATY
Head, Business Human Capital 1
EDWARD CAHYADI KARSONO Indonesian citizen, 48 years old.
Head, IT Governance, Planning & Project Management She joined Maybank Indonesia in September 2016,
Indonesian citizen, 49 years old. bringing more than 26 years of experience in both non-
He joined Maybank Indonesia on 12 April 2004, bringing banking and banking industries. Previously, she served as
over 24 years of experience in both the banking and non- Talent Acquisition Lead at Mondelez International.
banking industries in the areas of software development,
data management, IT risk management, IT security, and PAULUS DANANG YANRI HATMOKO
IT architecture. Prior to this, he worked as a Software Head, Business Human Capital 2
Developer at BPK Gunung Mulia. Indonesian citizen, 48 years old.
He joined Maybank Indonesia in January 2007 and
PATRIA INDRAJAYA has since held several positions, including Talent
Head, IT Security Management and Organizational Learning Head, Human
Indonesian citizen, 50 years old. Capital Development Head, Talent Management Head,
Joined PT Bank Maybank Indonesia Tbk in September 2022 and People Development Manager. Prior to joining
and currently serves as Head of IT Security. He has over 20 Maybank Indonesia, he held various positions at PT Astra
years of experience in cybersecurity within the financial Internasional Indonesia Tbk – Isuzu Sales Operations,
and banking industry. Prior to joining Maybank Indonesia, primarily in human resources development.
he served as Head of IT Security at PT Allianz Life Indonesia.
RENI ASTUTI DEWI
CHARLES BUDIMAN Head, Talent Acquisition
Head, Digital Banking Indonesian citizen, 46 years old.
Indonesian citizen, 51 years old. Reni joined Maybank Indonesia in 2004 as a Personnel
Charles joined Maybank Indonesia in December 2022, Officer, bringing 24 years of experience in banking and
bringing over 29 years of experience in banking and FMCG industries. Prior to this, she served as the Regional
management consulting. He started his career in Europe, Card Business Head for West and Central Java, as well as
spending 13 years with various management consulting Business Human Capital for Community Financial Services
firms, including EY, Accenture, BearingPoint, and Gartner Directorate, before assuming the role as Head, Talent
Consulting. He then continued his career in Indonesia Acquisition in 2023.
at three different banks, namely Commonwealth Bank,
Maybank, and KB Bukopin, focusing on Strategic Planning,
Transformation, Sales & Distribution, and Digital.
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NELDA VICTORIA SIBURIAN ABDUR RAZZAQ
Head, Rewards, Organization Development & Strategy Head, Financial Controller & Investor Relations
Indonesian citizen, 53 years old. Indonesian citizen, 39 years old.
Nelda joined Maybank Indonesia on 25 July 2016, bringing He joined Maybank Indonesia in September 2020
29 years of experience in the banking, financial services, as Head, CFS Business Planning & Performance
and beverages industry. Previously, she served as Management, bringing more than 17 years of experience
Strategic Business Partner Indonesia & Papua New Guinea in manufacturing and banking industries. Previously, he
at PT Coca-Cola Indonesia, VP HR Relationship Manager served as the Corporate Finance Manager at CIMB Niaga,
at PT Bank Permata Tbk, Coordinator of Leadership & Regional Accountant at Caterpillar Pte. Ltd. in Singapore,
Managerial School and HR Advisor at Royal Bank of and last position as Business Banking/SME Business
Scotland (ABN Amro Bank NV), and Senior HR Consultant Finance Head at UOB Indonesia.
at PT Siddharta Consulting, KPMG International. She holds
several certifications, including Certified Financial Planner ROY BAHREN SIREGAR
(CFP), Certified Human Resources Management Level Head, Corporate Treasury
General Manager, Certified Professional Coach (CPC), Indonesian citizen, 44 years old.
and Level 5 Banking Risk Management Competency Roy joined Maybank Indonesia in August 2025, bringing
Certification. extensive experience and exposure in asset & liability
management, liquidity management, interest rate risk
MARTUA BANGUN JAYAWINATA management in banking book, fund transfer pricing,
Head, Talent Management & Organization Learning capital management, corporate finance, and Recovery
Indonesian citizen, 45 years old. & Resolution Planning. Prior to this, he served as Head
He joined Maybank Indonesia in March 2021 as Head, of Bank Product, FTP & Hedging – Asset & Liability
Learning Business Partner 1 and Head, Talent Development Management, Head of Asset & Liability Management,
& Future Ready Skills, bringing 18 years of experience in and most recently as Head of Capital & Balance Sheet
the banking industry. Previously, he served as Human Management at CIMB Niaga.
Resources Business Partner and Head, Learning Solution at
Permata Bank, as well as HRBP Learning Manager at Bank JESSELEE BERNARD
OCBC NISP. Head, Finance & Accounting
Indonesian citizen, 39 years old.
YULIA PRIHANDINI Jesselee joined Maybank Indonesia in June 2021 and
Head, Employee Relations & Health Safety has more than 12 years of professional experience in
Indonesian citizen, 37 years old. auditing within the financial services sector with KPMG
Yulia joined Maybank Indonesia in March 2018, bringing and PricewaterhouseCoopers (PwC), as well as 5 years in
more than 15 years of experience in Industrial Relations. the banking industry. Prior to this, he served as the Head of
Prior to joining Maybank Indonesia, she served as Financial Reporting at Maybank Indonesia.
Industrial Relation Section Head at PT Astra International
Tbk. YULINDA SIMANJUNTAK
Head, Procurement, Premises & Vendor Relations
CHAIRANY DANUSAPUTRA Indonesian citizen, 51 years old.
Head, Human Capital Operations Yulinda joined Maybank Indonesia in September 2004 as
Indonesian citizen, 54 years old. an MIS Business Analyst, bringing 28 years of experience
She joined Maybank Indonesia in January 2021, bringing in financial consulting and the banking industrie.
more than 30 years of experience in Human Resources Previously, she served as IT User Representative Manager
across banking and non-banking industries. Previously, at Indonesian Bank Restructuring Agency (BPPN) and as
she served as SVP HR Shared Services at PT Bank Senior Auditor at Arthur Andersen Public Accounting Firm.
Commonwealth and PT Bank CIMB Niaga Tbk.
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CHARLES AGUSTINUS RUNTU BAGINDA SAUMAR
Head, GB & BB Remedial Head, Sharia Product Management
Indonesian citizen, 58 years old. Indonesian citizen, 47 years old.
He joined Maybank Indonesia in 1995, bringing more than Baginda joined Maybank Indonesia in 2023, bringing
30 years of experince in banking industry. more than 21 years of experience in financial industry,
including Sharia finance. Prior to joining Maybank
R RUSVANDY ROUSLY Indonesia, he served as Head of SME & WB Syariah Product
Head, SME & Consumer Collections Management at Permata Bank.
Indonesian citizen, 54 years old.
He joined Maybank Indonesia in Agustus 2024 as the Head M. FAISAL MUCHTAR
Of Risk Special Project, bringing 32 years of experience in Head, Sharia Advisory & Assurance
banking industry. Previously, he served as Head Of Asset Indonesian citizen, 52 years old.
Servicing at PT. Altus Capital Partner Indonesia. Faisal joined Maybank Indonesia in 2020 and brings over
21 years of experience in various sectors of the Sharia
R BAGUS RADITYA YUDHANEGARA financial industry, both in Indonesia and overseas.
Head, Sharia Global Banking Prior to joining Maybank Indonesia, he served as Head
Indonesian citizen, 41 years old. Shariah Audit at Bank Muamalat Indonesia, Head Shariah
Bagus joined Maybank Indonesia in September 2017, with Compliance at Bank Mega Syariah Indonesia, Head
his most recent position as Head of Sharia Public Sector Shariah at Syarikat Takaful Malaysia Berhad (STMB) in
in the Sharia Global Banking Unit of Maybank Indonesia. Kuala Lumpur, and member of Audit Committee and Risk
He has more than 17 years of experience in the banking Management Committee at Bank BTPN Syariah.
industry, particularly in developing Sharia banking
business within the corporate banking segment. He began AGUS RACHMAT HIDAJATULLAH
his career as a Corporate Banking Relationship Manager Head, Sharia Process Development, Compliance & ERU
at Bank QNB Indonesia, CIMB Niaga, and Bank Maybank Indonesian citizen, 53 years old.
Syariah Indonesia. He joined Maybank Indonesia in June 1997, bringing over
28 years of experience in the banking sector, including 23
DANDY SUPRANDONO years in Islamic banking.
Head, Sharia Community Financial Services
Indonesian citizen, 50 years old. DIMAS BAGAS SURYAWAN
Dandy joined Maybank Indonesia in 2013, bringing more Head, Sharia Strategy Planning, Performance & Finance
than 24 years of extensive experience in financial industry, Indonesian citizen, 44 years old.
ranging from life insurance, auto financing, conventional He joined Maybank Indonesia in 2024 with more than 20
and Sharia bankin within Retail Banking as well as wealth years of experience in the banking industry. Previously,
management, SME, and commercial. Prior to joining he served as Head of BB, TB, Business Finance at UOB
Maybank Indonesia, he served as VP Head of Bank at Work Indonesia; Head of Planning & Performance at JTrust
at Permata Bank and Regional Head of Consumer Finance Bank Indonesia; and as BU Financial Controller & Capital
at HSBC Indonesia. Management Head at Bank CIMB Niaga.
Azzady Bin Jamaluddin HERTANTO GUNADI
Head, Sharia Wealth & Halal Ecosystem Head, Corporate Banking
Malaysia citizen, 49 years old. Head, Regional Client Coverage (Pjs)
Joined Maybank Indonesia in November 2023 as Initiative Indonesian citizen, 54 years old.
Owner under Maybank M25 Strategic Program, bringing Hertanto joined Maybank Indonesia in August 2023 as
more than 25 years of experience in Islamic Banking Head Local Corporate & Multinationals under Global
industry. Prior to joining Maybank Indonesia, he served as Banking, bringing over 27 years of experience in the
the Head, Community Banking, Maybank Islamic. banking industry. Prior to joining Maybank Indonesia, he
gained extensive banking experiences at several banks,
including Lippo Bank (now CIMB Niaga), DBS Indonesia,
OCBC Indonesia, and later MUFG, where he served as
Head of Corporate Banking for over 10 years.
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GOLFINA KUSMARNINGRUM ADE RANGKOTO
Head, Financial Institution Group Head, Transaction Banking
Indonesian citizen, 54 years old. Indonesian citizen, 54 years old.
Golfina joined Maybank Indonesia in January 2023 as Ade joined Maybank Indonesia in February 2024, bringing
Head, Financial Institution Group, bringing 28 years of more than 27 years of experience in the banking industry,
experience in the banking industry. Previously, she served both in Indonesia and in regional offices across the Asia-
as Head of Financial Institution at MUFG Bank Ltd, Jakarta Pacific. Prior to joining Maybank Indonesia, he served as
Branch. Executive Director, Global Trade Finance Department at
Sumitomo Mitsui Bank, Singapore.
RIFAN ARISTA
Head, Syndication M HENDRO WIJANARKO
Indonesian citizen, 42 years old. Head, GB Business Planning, Performance, & Embedded
Having joined Maybank Indonesia in 2024 as Head, Risk Unit (ERU)
Syndication, Rifan brings more than 18 years of experience Indonesian citizen, 44 years old.
in the banking industries. Previously, he served as the Hendro joined Maybank Indonesia in September 2012
Head of Structured Finance, Merger & Acquisition at CIMB as the Manager of Corporate Banking Business Planner,
Niaga. bringing 17 years of experience in the banking and audit
industries. Early in his career, he served as Manager
YUZREIN IDZRAN BIN MOHD YUSOF of Early Warning at Bank Banten (formerly Bank Pundi
Head, Regional Client Coverage Indonesia).
Malaysian citizen, 48 years old.
Having joined Maybank Indonesia in 2025, Yuzrein is MOHIT VARMA
a seasoned professional with 25 years of experience General Manager & Country Head, Maybank Indonesia
and exposure in Wholesale Banking, Islamic Banking, - India
and International Business. Prior to joining Maybank Indian citizen, 50 years old.
Indonesia, he held several strategic positions, including Mohit joined Maybank Indonesia in November 2013,
Senior Director, Client Coverage at Maybank Investment bringing more than 25 years of experience in the banking
Berhad; Head of Commodity Traders & Agriculture, Client industry. Prior to joining Maybank Indonesia, he served as
Coverage at Standard Chartered Bank Malaysia Berhad; Deputy General Manager at ICICI Bank, Corporate Office,
Head of Corporate Banking at HSBC Amanah Malaysia Mumbai.
Berhad; and Senior VP, Commercial Banking at HSBC Bank
Malaysia Berhad. MARIANA HUSIN
Head, Business Banking
I MADE BUDHI P ARTHA Indonesian citizen, 51 years old.
Head of Global Markets Mariana joined Maybank Indonesia in April 2020, bringing
Indonesian citizen, 52 years old. more than 24 years of experience in the banking industry.
He joined Maybank Indonesia on 3 August 2015, bringing Previously, she served as Commercial Banking Segment
more than 29 years of experience in banking industry Head at BTPN (now SMBC Indonesia).
and Global Markets across several institutions, including
PT Bank Ekspor Impor Indonesia (Persero) Tbk, PT Bank TJHANG DAVID WONGSO
Mandiri (Persero) Tbk, Reuters Limited, Deutsche Bank AG Head, SME Banking
Indonesia and Citibank N.A. Indonesia. He is also actively Indonesian citizen, 44 years old.
involved in several market associations, including the He joined Maybank Indonesia in June 2020, bringing
Indonesia Foreign Exchange Market Committee (IFEMC), more than 22 years of experience in the banking industry.
ACI Financial Markets Association (FMA) Indonesia, and Previously, he held various positions at Bank OCBC NISP,
Indonesia Money Market & Foreign Currency Market including Emerging Business Head, Sales & Marketing
Association (APUVINDO). Support Head, and Emerging & Commercial Distribution
Head.
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TJAN CHRISTIAN PATRICIA HENDRAWIRAWAN
Head, Consumer Head, CFS Business Planning & Performance
Indonesian citizen, 48 years old. Management
Having joined Maybank Indonesia in December 2022 Indonesian citizen, 44 years old.
as Head, Consumer, he brings more than 24 years of Patricia joined Maybank Indonesia in February 2025 and
experience in the banking industry. brings more than 20 years of experience in the financial
services and banking industries. She holds a Master’s
SUMITRO degree in Management (Finance) with cum laude
Head, Wealth Management & Segmentation distinction from University of Indonesia. Previously, she
Indonesian citizen, 52 years old. held several positions, including Marketing Analytics &
He joined Maybank Indonesia in March 2012 as Head, MIS Deputy Dept. Head at Adira; Business Plan and Project
Bancassurance and Investment Specialist, bringing Development Dept. Head at UOB Buana Bank; Assistant
10 years of banking experience and three years in Head of Strategy Management at Bank ICBC; Head of
the life insurance industry. He also served as Head, Strategic Planning and Development at AXA Indonesia
Bancassurance and Investment Management for Sales Insurance; and her last position being Head of Business
and Wealth Management Product. Previously, he served Strategy and Liability Management at CIMB Niaga.
as Head, Insurance Specialist for four years (2009–2012) at
HSBC Bank. HUMILO FELONA RONITUA
Head, CFS Embedded Risk, Control and Transaction
HARRYANTO PRAMONO Monitoring
Head, Community Distribution Indonesian citizen, 47 years old.
Indonesian citizen, 54 years old. Having joined Maybank Indonesia in April 2025 as Head
He joined Maybank Indonesia in April 2020, bringing more Embedded Risk, Control and Transaction Monitoring, she
than 29 years of experience in the banking industry. brings 20 years of experience in banking industries.
Previously, he served as Region Head at HSBC and
Permata Bank, with his last position being Head National RAHMAT KURNIA
Non-Branch Sales at Permata Bank. Head, Pricing & Data Analytics
Indonesian citizen, 45 years old.
PAULUS CHOLOT JANALA Rahmat joined Maybank Indonesia in 2012, bringing
Head, Non-Retail Strategic Partnership more than 20 years of experience across various
Indonesian citizen, 54 years old. areas of the banking industry, including Analytics &
He joined Maybank Indonesia in August 2021 as Head CRM Implementation, Product Development, and AI/
of SME+, and effectively serving as Head of Non-Retail ML Implementation. He began his career in the oil and
Strategic Partnership as of January 2024, bringing more gas industry as a Researcher in 2004 and later joined
than 30 years of experience in the banking, leasing, and Bank OCBC NISP in 2005, where he built his career
automotive industries. Previously, he served as President and eventually served as Customer Analytics, CRM &
Director at MNC Guna Usaha Indonesia. Performance Management Unit Head.
MUHAMMAD SALAM
Head, Retail Credit Process
Indonesia citizen, 50 years old.
Having joined Maybank Indonesia in 2019 as Head Process
and System Improvement, he has been serving as Head,
Retail Credit Process since June 2025. He began his
career in 2002 as a Credit Analyst at Bank Danamon and
subsequently held strategic positions as Head of CCPL
Loan Approval and Head of Operational Excellence at
Bank Permata.
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REGIONAL DIRECTOR
WAN JUSLIAN JOHAN OEI JENNY WIDJAJA
Regional Director - Jakarta 1 Regional Director – East Java, Bali & Nusra
Indonesian citizen, 44 years old. Warga Negara Indonesia, 51 tahun.
He joined Maybank Indonesia in 2022 as Regional Director Bergabung dengan Maybank Indonesia pada 25 Mei 1998
Jakarta 1, bringing 20 years of experience in banking sebagai Marketing Officer, beliau memiliki pengalaman
and two years of experience in consulting industries. lebih dari 27 tahun di industri perbankan. Sebelumnya,
Previously, he held several positions at PT Bank HSBC beliau menjabat sebagai Area Branch Manager Jatim 2 di
Indonesia, including SVP Region Head Network Jakarta 3 Maybank Indonesia.
& Kalimantan; Region Wealth Sales Jakarta 1, West Java,
South Sumatra, and East Indonesia; as well as Branch ERLINA SALIM
Manager. He also previously served as a Branch Manager Regional Director – North Sumatera
at Standard Chartered Bank. Indonesian citizen, 45 years old.
Erlina joined Maybank Indonesia in June 1999, bringing
OSBIE OSMAN more than 25 years of experience in the banking industry.
Regional Director - Jakarta 2
Indonesian citizen, 49 years old. SUTARDI
He joined Maybank Indonesia in March 2023 as Regional Regional Director – South Sumatera
Director – Jakarta 2, bringing 28 years of experience in the Indonesian citizen, 41 years old.
banking industry. Previously, he held various positions and Sutardi joined Maybank Indonesia in 2007 and brings
led several areas in Jakarta, up to the position of Head more than 18 years of experience in the banking industry.
Cluster at HSBC. He then continued his career by leading Previously, he served as Area Branch Manager for Jambi;
across several cities in Jawa Barat, Sumatra, Bali, Nusa Palembang and Pangkal Pinang; and Lampung and
Tenggara Indonesia and Sulawesi, with his last position Bengkulu.
being Head Region at Permata Bank.
YULLI SUMARGO
RASUANIR Regional Director - Kalimantan
Regional Director – Jakarta 3 Indonesian citizen, 40 years old.
Indonesian citizen, 55 years old. Yulli joined Maybank Indonesia in October 2018 as Area
He joined Maybank Indonesia in 1995, bringing more than Branch Manager Samarinda and has more than 19 years
30 years of experience in the banking industry. Previously, of experience in both the banking and non-banking
he served as Regional Director for South Sumatera and industries. Previously, she assumed several positions at
as Area Branch Manager in Tangerang & Bumi Serpong Bank Chinatrust Indonesia, PT Bank Permata Tbk, with her
Damai Area, Lippo Cikarang Area, and Jatinegara Area. last position being Branch Manager Samarinda at PT Bank
Mega Tbk.
MUHAMMAD HUSNI HS
Regional Director – West Java HASVAN MURPHY
Indonesian citizen, 53 years old. Regional Director - Sulawesi & Eastern Indonesia
He joined Maybank Indonesia in January 2021, bringing Indonesian citizen, 49 years old.
more than 22 years of experience in the banking industry. Hasvan joined Maybank Indonesia in 2019, bringing 23
Previously, he served as Head Syariah Network at PT Bank years of experience in the banking industry. Previously, he
Permata Tbk. held several positions at Bank Danamon, including Area
Manager and Sales Distribution Head Bancassurance.
DEWI IRAWATI He earned a Master of Business in Applied Finance from
Regional Director - Central Java Queensland University of Technology, Australia, in 2008
Indonesian citizen, 45 years old. and a Doctorate in Development Studies from Hasanuddin
Dewi joined Maybank Indonesia in January 2004 and University in 2024.
brings 21 years of experience in the banking industry. She
has served as the Regional Director of Maybank Indonesia
in Central Java for the past nine years, and prior to that
she held the position of Area Branch Manager of Maybank
Indonesia in Green Ville and Puri Kencana Areas.
120 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Employee Statistics
and Profiles
Information about Maybank Indonesia’s total headcount by gender, position, age, education level, and employment
status (permanent/contract) in 2025 is available in the Functional Review Chapter of the Human Capital discussion.
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03 / C O M P A N Y P R O F I L E
Shareholding
Composition
Shareholders and Percentage of Ownership at the Beginning and End of the Financial Year
As of 1 January 2025
Ownership
No. Shareholders Number of Shares
Percentage
1. Shareholders who own 5% or more shares
a. Sorak Financial Holdings Pte. Ltd. 34,312,479,550 45.02%
b. Maybank Offshore Corporate Services (Labuan) Sdn. Bhd. 25,882,393,996 33.96%
c. Vital Solution Fund 6,653,168,749 8.73%
2. Members of the Board of Directors and Members of the Board of Commissioners Owning Shares
a. Board of Commissioners - -
b. Board of Directors - -
3. Public Shareholders Owning Less than 5% of Shares
a. Public (below 5%) 9,367,153,526 12.29%
TOTAL 76,215,195,821 100.00%
As of 31 December 2025
Ownership
No. Shareholders Number of Shares
Percentage
1. Shareholders who own 5% or more shares
a. Sorak Financial Holdings Pte. Ltd. 34,312,479,550 45.02%
b. Maybank Offshore Corporate Services (Labuan) Sdn. Bhd. 25,882,393,996 33.96%
c. Vital Solution Fund 6,653,168,749 8.73%
2. Members of the Board of Directors and Members of the Board of Commissioners Owning Shares
a. Board of Commissioners - -
b. Board of Directors - -
3. Public Shareholders Owning Less than 5% of Shares
a. Public (below 5%) 9,367,153,526 12.29%
TOTAL 76,215,195,821 100.00%
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Top 20 Shareholders
No. Shareholders Number of Shares Composition (%)
1 SORAK FINANCIAL HOLDINGS PTE LTD 34,312,479,550 45.02
2 MAYBANK OFFSHORE CORPORATE SERVICES 25,882,393,996 33.96
3 BNPP LDN/2S/VITAL SOLUTION FUND 6,653,168,749 8.73
4 BNPP LDN/2S/GLOBAL AGILITY FUND 3,650,000,000 4.79
5 BNPP LDN/2S/MULTI DYNAMIC FUND 3,650,000,000 4.79
6 PROSPERINDO, PT 940,513,633 1.23
7 CLEARSTREAM BANKING S.A. LUXEMBOURG 210,133,947 0.28
8 PEK BING TJIE 58,313,100 0.08
9 PHILLIP SECURITIES PTE LTD 49,442,121 0.06
10 RHB INVESTMENT BANK BERHAD 49,080,480 0.06
11 CGS INTERNATIONAL SECURITIES SINGAPORE PTE LTD 36,086,144 0.05
12 MAYBANK KIM ENG SEC. PTE LTD A/C CLIENT 32,241,793 0.04
13 DJUFRI GONO 24,993,800 0.03
14 HERRY KASMAN 16,879,300 0.02
15 UOB KAY HIAN PTE LTD 13,724,655 0.02
16 HARIONO IBRAHIM, DR 13,655,000 0.02
17 HERYANTO ABIDIN LAUW 10,530,000 0.01
18 WANDI WIJAYA 10,088,900 0.01
19 CACEIS BANK, IRELAND BRANCH / NICHEJUNGLE ICAV 9,463,600 0.01
20 CITIBANK NEW YORK S/A EMERGING MARKETS CORE EQUITY 2 PORTFOLIO OF DFA 9,420,600 0.01
INVESTMENT DIMENSIONS GROUP INC.
Total Shareholders by Category
No. Shareholders Number of Shares Composition (%)
1. Foreign Institution 60,198,004,923 78.98%
2. PT Kustodian Sentral Efek Indonesia 15,070,443,997 19.77%
3. Individual - Domestic 941,899,454 1.24%
4. Individual - Foreign 3,842,450 0.01%
5. Limited Company NPWP 846,866 0.00%
6. Cooperatives 101,889 0.00%
7. Pension Fund 39,576 0.00%
8. Mutual Fund 13,610 0.00%
9. Foundation Non NPWP 3,056 0.00%
TOTAL 76,215,195,821 100.00%
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03 / C O M P A N Y P R O F I L E
Information Disclosure on Maybank Indonesia Shares Transaction by Board of Commissioners and
Directors
Maybank Indonesia has a policy to report transactions carried out by management of the Bank's share ownership for
three working days, after the occurrence of ownership or any changes in ownership of the Bank's shares. Throughout
2025, the Board of Commissioners and the Board of Directors of Maybank Indonesia did not record any transactions on
the Bank's shares.
Share Ownership of Board of Commissioners and Directors
Up to 31 December 2025:
• There is no direct or indirect shareholding by the Board of Commissioners and Board of Directors in Maybank
Indonesia, its subsidiaries, or groups connected to the Company.
• The shares ownership of Board of Commissioner and Board of Directors which exceeds 5% in listed and non
listed company are as follows:
Shares Listed Company/Non Number
No Board of Commissioners Company Name
Ownership Listed Company of Shares
1. Dato’ Sri Khairussaleh Ramli No - - -
2. Marina R Tusin No - - -
3. Hendar No - - -
4. Daniel James Rompas No - - -
5. Edwin Gerungan No - - -
6. Datuk Lim Hong Tat Yes Non Listed Company Areca Capital Sdh Bhd 10%
7. Putut Eko Bayuseno No - - -
8. Dato’ Zulkiflee Abbas Abdul Hamid No - - -
Shares Listed Company/Non Number
No Board of Directors Company Name
Ownership Listed Company of Shares
1. Steffano Ridwan No - - -
2. Shaiful Adhli Yazid No - - -
3. Irvandi Ferizal No - - -
4. Effendi No - - -
5. Yessika Effendi No - - -
6. Widya Permana No - - -
7. Ricky Antariksa No - - -
8. Bianto Surodjo No - - -
9. Bambang Andri Irawan No - - -
10. Romy Hardiansyah No - - -
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Corporate Group
Structure
As of 31 December 2025
Amanah Raya Trustees Citigroup Nominees
(Tempatan) Sdn Bhd Kumpulan Wang
Berhad Permodalan Nasional Other Institution and
Employees Provident Persaraan
Amanah Saham Berhad Retail Investors
Fund Board (Diperbadankan)
Bumiputera
27.86% 11.41% 6.43% 5.38% 48.92%
Malayan Banking Berhad
100% 100% 100% 100%
Maybank
Etiqa Maybank
Offshore Maybank Asset
International International
Corporate Management
Holdings Sdn. Holdings Sdn.
Service (Labuan) Group Berhad
Bhd. Bhd.
Sdn Bhd
79.87% 100% 100%
100% PT Asuransi Etiqa Maybank Asset
Vital Solution Sorak Financial Maybank IBG
Public < 5% Internasional Management
Fund Holdings Pte Ltd Holdings Limited
Indonesia Sdn. Bhd.
12.29% 8.73% 45.02% 33.96% 85% 99%
15% PT Maybank PT Maybank
Sekuritas Asset
Indonesia Management
PT Bank Maybank Indonesia Tbk
99.99% 67.49%
PT Maybank PT Wahana
Indonesia Ottomitra
Finance Multiartha Tbk
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Maybank Group
Profile
Maybank Banking Berhad Malayan Banking Berhad is the holding company and
14th Floor, Menara Maybank listed entity for Maybank Group. The Group, through
100, Jalan Tun Perak its subsidiaries, offers an extensive range of products
50050 Kuala Lumpur, Malaysia and services, which includes consumer and corporate
Tel: (6) 03-2070 8833 banking, investment banking, including stockbroking,
Fax: (6) 03-2711 3421 Islamic banking, insurance and takaful, trustee and
Website: http://www.maybank.com nominee services and asset management.
Our operations span across 18 countries, including all 10
ASEAN countries and international financial centres such
OUR PURPOSE as London, New York, Hong Kong, and Dubai. Maybank’s
home markets are Malaysia, Singapore, Indonesia, and
WE ARE A VALUES-DRIVEN PLATFORM, POWERED BY A
Cambodia. We have sharpened our focus by defining our
BIONIC WORKFORCE THAT HUMANISES FINANCIAL
SERVICES robust global network into three archetypes based on our
key strengths in the different markets where we operate to
driven by leverage the existing subsidiaries or networks established
in these markets.
OUR MISSION Board of Directors Position
Humanising Financial Services Tan Sri Dato’ Sri
Zamzamzairani Mohd
Non-Independent Non-Executive
Director (Chairman)
Being at the heart of the community, we will: Isa
01 Make financial services simple, Dato’ Sri Khairussaleh Non-Independent Executive Director
intuitive and accessible Ramli (President & Group Chief Executive
Officer)
02 Build trusted partnerships for a
sustainable future together
Fauziah Hisham Senior Independent Non-Executive
Director
Che Zakiah Che Din Independent Non-Executive Director
03 Treat everyone with respect, dignity,
fairness and integrity Shariffuddin Khalid Independent Non-Executive Director
Dato’ Zulkiflee Abbas Independent Non-Executive Director
Abdul Hamid
shaped by
Shirley Goh Independent Non-Executive Director
Datuk Yee Yang Chien Non-Independent Non-Executive
OUR VALUES Director
Chiam Sou Hong Independent Non-Executive Director
TEAMWORK
Vittorio Furlan Independent Non-Executive Director
INTEGRITY Rohaya Mohammad Independent Non-Executive Director
Yusof
GROWTH
EXCELLENCE & EFFICIENCY
RELATIONSHIP BUILDING
Guiding principles
for all Maybankers to serve our mission and
purpose.
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Subsidiaries and
Joint Ventures
Finance
PT Maybank Indonesia Finance
Core Business Multifinance
Percentage of Ownership 99.99% PT Bank Maybank Indonesia Tbk
0.01% Koperasi Karyawan PT Bank Internasional Indonesia Tbk
Operating Status Operating since 1991
Total Assets 2025 Rp8.9 trillion
Address Wisma Ekajiwa Lantai 10
Jl. Mangga Dua Raya
Jakarta 10730, Indonesia
Tel: 021 - 623 000 88
Fax: 021 - 623 000 99
Call Center: 0804-1-168-811
Website: www.maybankfinance.co.id
Key Management Board of Commissioners
President Commissioner : Budhi Dyah Sitawati
Commissioner : Bianto Surodjo
Independent Commissioner : Herwan Ng
Board of Directors
President Director : Alexander
Director : Miki Effendi Lim
Director : Arief Soerendro
PT Maybank Indonesia Finance (Maybank Finance) is As of the end of 2025, Maybank Finance has branch offices
licensed to engage in investment financing, working in almost all major cities in Indonesia consisting of 30
capital, multipurpose, other activities approved by OJK, branch offices and 9 representative offices spread across
and is also allowed to perform activities based on shariah Indonesia.
principles.
VISION
COMPANY PROFILE To be a digital-based leading finance company in each
Maybank Finance previously known as PT BII Finance market segment it serves as well as always care to the
Center, was established on 13 February 1991 as a company community & environment.
licensed in investment financing, working capital,
multipurpose, and other activities approved by OJK, and MISSION
also allowed to engage in activities based on Shariah • Running business as an extension of PT Bank Maybank
principles. Currently, 99.99% of Maybank Finance shares is Indonesia Tbk (Maybank Indonesia) in the financing
owned by Maybank Indonesia. industry.
• Providing high economic and social added value
The change of name from PT BII Finance Center to PT to stakeholders (shareholders, customers, business
Maybank Indonesia Finance was based on Deeds of partners and employees), environment and society.
Minutes of Meeting in Extraordinary General Meeting • Making digital technology as foundations for
of Shareholders No. 105 dated 18 November 2015 and product creation, process acceleration and service
approval from Ministry of Law and Human Rights No. improvement.
AHU.0947396. AH.01.02 Year 2015 dated 7 December 2015.
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PT Wahana Ottomitra Multiartha Tbk
Core Business Financing Company
Percentage of 67.49% PT Bank Maybank Indonesia Tbk
Ownership 25.01% PT Wahana Makmur Sejati
7.50% Public
Operating Status Operating since 1982
Total Assets 2025 Rp7,4 trillion
Address PT Wahana Ottomitra Multiartha Tbk
Altira Office Tower 32nd, 33rd, 35th Floor
Jl. Yos Sudarso Kav. 85
Kel. Sunter Jaya, Kec. Tanjung Priok, Jakarta Utara 14350
Tel: (62-21) 21882400
Fax: (62-21) 21882420
Contact Center: 150 999
Website: www.wom.co.id
Key Management Board of Commissioners Board of Directors Shariah Supervisory Board (SSB)
President Commissioner/Independent President Director Chairman
Commissioner Djaja Suryanto Sutandar Dr. H. Abdul Jabar Majid, M.A.
Sarastri Baskoro Vice President Director Member
Commissioner Njauw Vido Onadi Prof. Dr. Ir. H. M. Nadratuzzaman Hosen
Thilagavathy Nadason Director
Commissioner Cincin Lisa Hadi
Taufik Aulia Director
Independent Commissioner Anthony Yuarez
Rallyati Arianto Wibowo, S.E. Panggabean
Director
Wibowo
COMPANY PROFILE increased to 68.55% in 2015 following a capital increase
PT Wahana Ottomitra Multiartha (“WOM Finance” or the through a rights issue, strengthening the Company’s
“Company”) was established in 1982 under the name strategic shareholder structure and supporting its focus
PT Jakarta Tokyo Leasing, with a focus on motorcycle on sustainable growth.
financing, particularly for the Honda brand. In line with its
business development, in 2000 the Company transformed In order to strengthen its long-term funding structure
and changed its name to PT Wahana Ottomitra and maintain financial flexibility to support sustainable
Multiartha, expanding its financing services to include business growth and development, the Company
other Japanese brands such as Yamaha, Suzuki, and undertook a corporate action through a Sustainable
Kawasaki. Public Offering (PUB) mechanism. In addition, in 2025
the Company secured bank loan facilities totaling Rp1.65
In 2004, the Company officially listed its shares on the trillion, which are expected to optimise its capital structure
Bursa Efek Jakarta and the Bursa Efek Surabaya (now the and support its operational funding requirements.
Bursa Efek Indonesia/IDX) under the stock code “WOMF”,
after obtaining an effective statement from the then In addition to strengthening its capital structure, since
capital market authority (Bapepam-LK) to conduct an 2022 WOM Finance has accelerated its operational
Initial Public Offering (IPO) of 200,000,000 shares with transformation through the centralisation of credit
a nominal value of Rp100 per share at an offering price processes, digitalisation of acquisition, and enhancement
of Rp700 per share. Since then, the Company’s name of governance to ensure reliable and efficient
has become PT Wahana Ottomitra Multiartha Tbk, in processes. These initiatives have been supported by
accordance with its Articles of Association and the the enhancement of human capital capabilities, the
prevailing regulations. development of digital marketing channels through
partnerships with marketplaces such as Bukalapak,
Following the IPO, in 2005 PT Bank Maybank Indonesia Tokopedia, and GoBills, as well as payment service
Tbk (“Maybank Indonesia”) acquired a 43% stake in the synergies based on QRIS in collaboration with Maybank
Company. Maybank Indonesia’s ownership subsequently Indonesia.
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In 2022, the Company launched the KAWAN application to provide customers with a financing experience that is
more convenient, faster, and fully integrated. As of December 2025, the Company operates 10 regional offices and is
supported by 195 network branches across Indonesia, serving approximately 276 thousand active customers.
VISION
To be one of the best financing companies in Indonesia through good corporate governance implementation.
MISSION
• Placing the satisfaction of the customers and business partners as the first priority.
• Establishing IT-based infrastructures to promote sound processing.
• Developing and expanding business network, particularly in potential areas.
• Optimising company performance.
JOINT VENTURES
No Name Address Operational Status Share Ownership Line of Business
1 PT Penjamin Kredit Gedung Menara Duta Lantai, 6 Jl. Non-operating 9.83% Guarantee Fund
Pengusaha Indonesia H.R. Rasuna Said, Kav. 9-B Kuningan Services
Jakarta 12910
2 PT Sarana Sulut Kompleks Pasar Segar Paal Dua, Blok Non-operating 7.14% Venture Capital
Ventura RC 17 Jl. Yos Sudarso Paal Dua, Kota
Manado, Sulawesi Utara
3 PT Sarana Sulsel Jl. Faisal Raya no.14 Makassar Operating 5.76% Venture Capital
Ventura - Makassar Indonesia
4 PT Sarana Jambi Jl. Kapten Pattimura No.119, Kel.Kenali Operating 4.50% Venture Capital
Ventura Besar Jambi 36129
5 PT Sarana Riau Kompleks perkantoran Grand Non-operating 3.37% Venture Capital
Ventura Sudirman Blok A-3 Jl. Datuk
Setia Maharaja (d/h Parit Indah)
Pekanbaru Riau
6 PT Sarana Sumsel Jl. Angkatan 45 F-27 Pakjo, Non-operating 2.81% Venture Capital
Ventura - Palembang Palembang Sumsel
7 PT Sarana Kalbar Jl. M. Sohor No.9 A-B Pontianak Operating 2.45% Venture Capital
Ventura - Pontianak
8 PT Bhakti Sarana Jl. Tebet Barat IX No.26 Tebet Jakarta Non-operating 2.41% Venture Capital
Ventura - Jakarta Selatan 12810
9 PT LOLC Ventura Foresta Business Loft 5, BSD City, Unit Operating 2.32% Venture Capital
Indonesia (d/h 10 Lengkong Kulon, Pagedangan, Kab.
Sarana Sumut Tangerang Banten - 15331 Indonesia
Ventura)
10 PT Sarana Lampung Jl. Diponegoro No.69 A Gulak Galik Operating 1.68% Venture Capital
Ventura Teluk Betung, Bandar Lampung,
Lampung 35214
11 PT Sarana Sumbar Gedung Rangkiang Ventura, Jl. Khatib Operating 1.35% Venture Capital
Ventura - Padang Sulaiman No.9 Kav.5 s/d 7 Padang –
Sumatera Barat
12 PT Kliring Penjamin Gedung Bursa Efek Indonesia, Tower Operating 1.11% Securities
Efek Indonesia I Lantai 5, Jl. Jenderal Sudirman Kav.
52-53, Jakarta Selatan 12190
13 PT Sarana Bersama Setiabudi 2 Building, Lantai 6, Ruang Non-operating 0.94% Guarantee Fund
Pembiayaan 603G, Jl. H.R. Rasuna Said Kav.62 Services
Indonesia Kuningan Jakarta Selatan 12920
14 PT Bali Kerthi Jl. Diponegoro No.150, Kompleks IDT/ Operating 0.82% Venture Capital
Development Fund Ruko Genteng Biru Blok B 23 - 24
Ventura (d/h Sarana Denpasar Bali
Bali Ventura)
15 PT Bank Capital Menara Jamsostek Lantai 6, Jl. Jend. Operating 0.18% Bank
Indonesia Tbk Gatot Subroto Kav. 38, Mampang
Prapatan, Jakarta Selatan, 12710
16 PT Aplikanusa Lintas Menara Thamrin Lt. 12, Jl. M.H. Thamrin Operating 0.05% Communication
Arta Kav. 3, Jakarta Pusat 10250. Network System
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 129
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03 / C O M P A N Y P R O F I L E
Share Listing
Chronology
Maybank Indonesia carried out an Initial Public Offering Thus, the total ownership of Maybank Indonesia shares
(IPO) of 12,000,000 Common Shares on 21 November by Maybank declined from 97.29% to 78.98%, and the
1989 and listed on the Jakarta Stock Exchange (JSX) total shareholding of Maybank Indonesia by UBS AG
and Surabaya Stock Exchange (BES), under BNII as stock London amounted to 18.31%. The share sells down by the
trading code. The two stock exchanges later merged, and majority shareholders was carried out in order to fulfill the
are now called the Indonesia Stock Exchange (IDX). The provisions of Bapepam-LK (now the Financial Services
nominal value of the shares offered at the time of the IPO Authority - OJK) No. IX.H.1 concerning Takeover of Public
was Rp1,000.00 per share. Companies, Attachment to Decision of Chairman of
Bapepam-LK Kepnumber 26/BL/2011 dated 31 May 2011.
After the initial offering, Maybank Indonesia took several
corporate actions in equity which caused changes in Moreover, in 2014 Maybank Indonesia once more carried
the number of outstanding shares, such as bonus share out a corporate action in Rights Issue VII by offering
distribution, stock dividends, stock split, reverse stock, 6,774,684,073 shares at an offering price of Rp221 per
warrants conversion, Employee Stock Option Plan (ESOP) share and successfully raised Rp1,488,967,207,524 of net
and Limited Public Offering (PUT) or Rights Issue. On 19 funds after deducting the cost of issuing equity securities.
June 2013, the majority shareholder of Maybank Indonesia The Rights Issue VII raised the total outstanding shares of
carried out a corporate action to release a portion of Maybank Indonesia to 67,746,840,730 shares.
Maybank Indonesia’s shares to UBS AG London totaling
5,065,380,000 shares, equivalent to 9.00% of the total In 2018, Maybank Indonesia completed a corporate action
outstanding shares of Maybank Indonesia. in Rights Issue VIII by issuing 8,468,355,091 shares Series D
with exercised price at Rp236 per share and raised capital
In June 2013, Maybank Indonesia carried out the Rights of Rp1,998,531,801,476 (gross). The proceeds from Rights
Issue VI corporate action by offering 4,690,165,987 series Issue VIII increased the Maybank Indonesia number of
D shares at a price of Rp320 per share, with accumulated shares to 76,215,195,821 shares.
funds amounting to Rp1,496,150,854,642 net after the
cost of issuance of equity securities. The realisation of On 8 December 2023, UBS AG London sold 13,953,168,749
Rights Issue VI increased the total outstanding shares of shares or 18.31% to Vital Solution Fund amounted to
Maybank Indonesia to 60,972,156,657 shares. 6,653,168,749 shares or 8.73% and the rest to public. After
the completion of this transaction, Maybank Indonesia has
On 22 November 2013, Maybank Indonesia once more fulfilled the 7.50% Free-Float share portion, as regulated in
relinquished its shares to UBS AG London amounting to PT Bursa Efek Indonesia Regulation Number I-A regarding
5,675,040,000 shares or equivalent to 9.31% of Maybank Registration of Shares and Equity Securities Other than
Indonesia’s total outstanding shares. Shares Issued by Listed Companies.
In 2025 Maybank Indonesia did not hold any corporate
actions which caused changes in its outstanding shares.
130 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Keterangan Tanggal Pencatatan Saham Diterbitkan Jumlah Saham
Initial Public Offering (nominal Rp1,000) 21/11/1989 12,000,000 12,000,000
Bonus Shares 8/7/1990 28,000,000 40,000,000
Company Listing 18/7/1990 100,000,000 140,000,000
Share Dividends & Bonus Shares 6/8/1991 63,000,000 203,000,000
Share Dividend 4/8/1992 60,585,920 263,585,920
Limited Public Offering I 15/2/1994 52,717,184 316,303,104
Share Dividend 26/8/1996 35,144,789 351,447,893
Bonus Shares 26/8/1996 253,042,483 604,490,376
Bonus Shares 23/10/1996 362,694,226 967,184,601
Bonus Shares 4/11/1996 - 1,934,369,204
Limited Public Offering II 16/1/1997 1,289,579,469 3,223,948,673
Warrant Conversion I 1997 10,453,776 3,234,402,449
Warrant Conversion I 1998 42,520 3,234,444,969
Warrant Conversion I 1999 2,500 3,234,447,469
Bonus Shares 8/3/1999 646,888,994 3,881,336,463
Limited Public Offering III (nominal Rp125) 6/4/1999 62,101,383,408 65,982,719,871
Limited Public Offering III (continued) 21/6/1999 26,810,616,592 92,793,336,463
Warrant Conversion I 1999 23,982 92,793,360,445
IBRA (C-B) Warrant Conversion 1999 329,041,216 92,793,360,445
Warrant Conversion I 2000 101,862 92,793,462,307
IBRA (C-B) Warrant Conversion 2000 216,216 92,793,462,307
IBRA (C-B) Warrant Conversion 2001 95,830,560 92,793,462,307
Reverse Stock Split (10:1) 19/6/2002 - 9,279,346,231
Limited Public Offering IV 11/7/2002 38,504,000,000 47,783,346,231
2005 82,510,000 48,247,150,231
2006 381,294,000 48,247,150,231
2007 416,553,500 48,663,702,731
After ESOP Implementation 2008 1,364,733,500 50,028,436,231
Limited Public Offering V 2010 6,253,554,529 56,281,990,760
Limited Public Offering VI 2013 4,690,165,897 60,972,156,657
Limited Public Offering VII 2014 6,774,684,073 67,746,840,730
Limited Public Offering VIII 2018 8,468,355,091 76,215,195,821
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 131
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03 / C O M P A N Y P R O F I L E
Other Securities
Listing Chronology
BONDS OVERVIEW
PT Bank Maybank Indonesia Tbk (“Maybank Indonesia”) issued Bonds to support its business growth. The Bonds are listed
on the Indonesia Stock Exchange (IDX).
Bonds and Sukuk Matured in 2025
For Shelf Registered Bonds IV Bank Maybank Indonesia Tranche I Year 2022 Series B amounting to Rp300,000,000,000
(three hundred billion Rupiah) maturing on 8 July 2025, the settlement of principal and last interest payment of the
Bonds on 7 July 2025.
Bonds issued by Maybank Indonesia that have not yet matured
On 11 July 2017, Maybank Indonesia issued 2 (two) Bonds simultaneously:
1. Shelf Registered Bonds II Bank Maybank Indonesia Tranche I Year 2017 Series A (matured on 11 July 2022), Series B
(matured on 11 July 2024), and Series C.
2. Shelf Registered Sukuk Mudharabah II Bank Maybank Indonesia Tranche I Year 2017 (matured on 11 July 2020).
through the Shelf Registered Public Offering (“PUB”) scheme, as regulated in the Financial Services Authority Regulation
No. 36/POJK.04/2014 Shelf Registered Public Offering of Debt Securities and/or Sukuk dated 8 December 2014.
The details of the Bonds are as follows:
Bonds Name Shelf Registered Bonds II Bank Maybank Indonesia Tranche I Year 2017
Tenor Series A: 5 years
Series B: 7 years
Series C: 10 years
Nominal Amount Series A: Rp435,000,000,000
Series B: Rp300,000,000,000
Series C: Rp100,000,000,000
Coupon Rate Series A: 8.00% (per year)
Series B: 8.50% (per year)
Series C: 8.65% (per year)
Issuance Date 11 July 2017
Current Rating PEFINDO : idAAA
First Coupon Payment 11 October 2017
Last Coupon Payment/ Maturity Date Series A: 11 July 2022
Series B: 11 July 2024
Series C: 11 July 2027
To increase earning assets mainly in the form of loans to support business growth of
Use of Proceeds Maybank Indonesia as well as to strengthen long-term funding structure.
Capital Market Supporting Institutions and Joint Lead Underwriters
Professions PT Bahana Securities
PT Indo Premier Securities
PT Maybank Kim Eng Securities
Legal Firm
Melli Darsa & Co.
Trustee
PT Bank Mandiri (Persero) Tbk
Notary
Aryanti Artisari, SH., M.Kn
132 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Chronology of Coupon Payment: The Report on the Realisation of the Use of Proceeds from
the Public Offering of Bank Maybank Indonesia’s Shelf
Series C
1. 11 October 2017 Rp2,162,500,000 Registered Bonds II Tranche I Year 2017 and Bank Maybank
2. 11 January 2018 Rp2,162,500,000 Indonesia’s Shelf Registered Sukuk Mudharabah II Tranche
3. 11 April 2018 Rp2,162,500,000
4. 11 July 2018 Rp2,162,500,000 I Year 2017 has been reported to the Financial Services
5. 11 October 2018 Rp2,162,500,000 Authority through letter No. S.2018.312/DIR FIN dated 9
6. 11 January 2019 Rp2,162,500,000
7. 11 April 2019 Rp2,162,500,000 January 2018.
8. 11 July 2019 Rp2,162,500,000
9. 11 October 2019 Rp2,162,500,000
The Report on the Realisation of the Use of Proceeds from
10. 11 January 2020 Rp2,162,500,000
11. 11 April 2020 Rp2,162,500,000 the Public Offering of Bank Maybank Indonesia’s Shelf
12. 11 July 2020 Rp2,162,500,000 Registered Bonds II Tranche II Year 2018 has been reported
13. 11 October 2020 Rp2,162,500,000
14. 11 January 2021 Rp2,162,500,000 to the Financial Services Authority through letter No.
15. 11 April 2021 Rp2,162,500,000 S.2018.487/ DIR FIN dated 6 July 2018.
16. 11 July 2021 Rp2,162,500,000
17. 11 October 2021 Rp2,162,500,000
18. 11 January 2022 Rp2,162,500,000 The Report on the Realisation of the Use of Proceeds
19. 11 April 2022 Rp2,162,500,000
from the Public Offering of Bank Maybank Indonesia’s
20. 11 July 2022 Rp2,162,500,000
21. 11 October 2022 Rp2,162,500,000 Shelf Registered Bonds II Tranche III Year 2019 has been
22. 11 January 2023 Rp2,162,500,000 reported to the Financial Services Authority through letter
23. 11 April 2023 Rp2,162,500,000
24. 11 July 2023 Rp2,162,500,000 No. S.2019.002/ DIR FIN dated 8 January 2019.
25. 11 October 2023 Rp2,162,500,000
26. 11 January 2024 Rp2,162,500,000
27. 11 April 2024 Rp2,162,500,000 Furthermore, on 8 July 2022, Maybank Indonesia issued
28. 11 July 2024 Rp2,162,500,000 Shelf Registered Bonds IV Bank Maybank Indonesia
29. 11 October 2024 Rp2,162,500,000
Tranche I Year 2022 Series A (matured on 18 July 2023),
30. 11 January 2025 Rp2,162,500,000
31. 11 April 2025 Rp2,162,500,000 Series B (matured on 8 July 2025), and Series C, through
32. 11 July 2025 Rp2,162,500,000 the Shelf Registered Public Offering (“PUB”) scheme, as
33. 11 October 2025 Rp2,162,500,000
stipulated in the Financial Services Authority Regulation
No. 36/POJK.04/2014 concerning Shelf Registered
Public Offering of Debt Securities and/or Sukuk dated 8
December 2014.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 133
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03 / C O M P A N Y P R O F I L E
The details of the Bonds are as follows:
Bonds Name Shelf Registered Bonds IV Bank Maybank Indonesia Tranche I Year 2022
Tenor Series A: 370 days
Series B: 3 years
Series C: 5 years
Nominal Amount Series A: Rp400,000,000,000
Series B: Rp300,000,000,000
Series C: Rp300,000,000,000
Coupon Rate Series A: 3.80% (per year)
Series B: 6.25% (per year)
Series C: 6.80% (per year)
Issuance Date 8 July 2022
Current Rating PEFINDO : idAAA
First Coupon Payment 8 October 2022
Last Coupon Payment/ Maturity Date Series A: 18 July 2023
Series B: 8 July 2025
Series C: 8 July 2027
To increase earning assets in order to develop Maybank Indonesia’s business, namely
Use of Proceeds for lending.
Capital Market Supporting Institutions and Joint Lead Underwriters
Professions PT BNI Sekuritas
PT Indo Premier Sekuritas
PT Maybank Sekuritas Indonesia
PT Trimegah Sekuritas Indonesia Tbk
Legal Firm
Melli Darsa & Co.
Trustee
PT Bank Mandiri (Persero) Tbk
Notary
Aulia Taufani, S.H.
Chronology of Coupon Payment:
Series B
1. 8 October 2022 Rp4,687,500,000
2. 8 January 2023 Rp4,687,500,000
3. 8 April 2023 Rp4,687,500,000
4. 8 July 2023 Rp4,687,500,000
5. 8 October 2023 Rp4,687,500,000
6. 8 January 2024 Rp4,687,500,000
7. 8 April 2024 Rp4,687,500,000
8. 8 July 2024 Rp4,687,500,000
9. 8 October 2024 Rp4,687,500,000
10. 8 January 2025 Rp4,687,500,000
11. 8 April 2025 Rp4,687,500,000
12. 8 July 2025 Rp4,687,500,000
Series C
1. 8 October 2022 Rp5,100,000,000
2. 8 January 2023 Rp5,100,000,000
3. 8 April 2023 Rp5,100,000,000
4. 8 July 2023 Rp5,100,000,000
5. 8 October 2023 Rp5,100,000,000
6. 8 January 2024 Rp5,100,000,000
7. 8 April 2024 Rp5,100,000,000
8. 8 July 2024 Rp5,100,000,000
9. 8 October 2024 Rp5,100,000,000
10. 8 January 2025 Rp5,100,000,000
11. 8 April 2025 Rp5,100,000,000
12. 8 July 2025 Rp5,100,000,000
13. 8 October 2025 Rp5,100,000,000
134 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
The Report on the Realisation of the Use of Proceeds from the Public Offering of Bank Maybank Indonesia’s Shelf
Registered Bonds IV Tranche I Year 2022 has been reported to the Financial Services Authority through letter No.
S.2023.001/MBI/DIR FIN – Corporate Finance & Capital Management dated 9 January 9 2023.
OVERVIEW OF OTHER SECURITIES ISSUANCE
Subordinated Long Term Notes Conducted Without Going Through Public Offering PT Bank Maybank
Indonesia Tbk Year 2023
On 23 August 2023, Maybank Indonesia issued Subordinated Long Term Notes Conducted Without Going Through Public
Offering PT Bank Maybank Indonesia Tbk Year 2023 (“Subordinated LTN”) as stipulated in the Financial Services Authority
(OJK) Regulation No. 39/POJK.04/2019 concerning the Issuance of Debt Securities and/or Sukuk conducted without going
through Public Offering, with the following details:
Securities Name Subordinated Long Term Notes Conducted Without Going Through Public Offering PT
Bank Maybank Indonesia Tbk Year 2023
Tenor 10 years
Nominal Amount Rp100,000,000,000
Coupon Rate 7.90% (per year)
Issuance Date 23 August 2023
First Coupon Payment 23 November 2023
Last Coupon Payment/ Maturity Date 23 August 2033
Use of Proceeds As Supplementary Capital (“Tier 2 Capital”) as stipulated in the applicable regulations
and will be used for lending and to strengthen the long-term funding structure.
Capital Market Supporting Institutions and Joint Lead Underwriters
Professions PT Maybank Sekuritas Indonesia
Legal Firm
Tumbuan & Partners
Notary
Aulia Taufani, S.H.
Chronology of Coupon Payment:
1. 23 November 2023 Rp1,975,000,000
2. 23 February 2024 Rp1,975,000,000
3. 23 May 2024 Rp1,975,000,000
4. 23 August 2024 Rp1,975,000,000
5. 23 November 2024 Rp1,975,000,000
6. 23 February 2025 Rp1,975,000,000
7. 23 May 2025 Rp1,975,000,000
8. 23 August 2025 Rp1,975,000,000
9. 23 November 2025 Rp1,975,000,000
Upon the issuance of the Subordinated LTN, Maybank Indonesia has obtained approval from the OJK-Bank Supervisor
through letter No. S-100/PB.32/2023 dated 6 October 2023, to consider the Subordinated LTN as a component of
Additional Capital (Tier II) in calculating the Minimum Capital Requirement (CAR) ratio of Maybank Indonesia.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 135
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03 / C O M P A N Y P R O F I L E
Ratings
As part of the Maybank Indonesia’s policy to provide information to shareholders and public, Maybank Indonesia
conducts ratings to assess the Company’s performance and condition through independent party, namely
PT Pemeringkat Efek Indonesia (PEFINDO)
PEFINDO
March 2026
Corporate Rating idAAA/Stable Outlook
Shelf Registered Bond IV Tranche I/2022 idAAA
Shelf Registered Bond II Tranche I/2017 idAAA
136 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Public Accountant & Public
Accountant Firm Services
PUBLIC ACCOUNTING FIRM
Public Accountant Name: Yasir
Registered No. AP.0703
PUBLIC ACCOUNTING FIRM
Public Accountant Firm Purwanto Susanti & Surja
Gedung Bursa Efek Indonesia, Tower 2, 7th Floor
Jl. Jenderal Sudirman Kav. 52-53 Jakarta 12190, Indonesia
Tel. (62-21) 5289 5000
Website: www.ey.com/id
Services provided:
Auditing the Consolidated Financial Statements for the Financial Year 2025 including a
review of the modelling related to Expected Credit Losses in accordance with PSAK 71
Other services:
Review of the Consolidated Financial Statements as of 30 June 2025
Service Period:
Financial Year 2025
Fee provided:
- Rp4,780,000,000 for audit of Consolidated Financial Statements for the year ended
31 December 2025 (Including review of modeling related to Expected Credit Losses in
accordance with PSAK 71 in amount of Rp405,000,000)
- Rp1,210,000,000 for review of Consolidated Financial Statements as of 30 June 2025
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 137
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03 / C O M P A N Y P R O F I L E Capital Market Supporting Institutions and Professions CUSTODIAN PT Kustodian Sentral Efek Indonesia Indonesia Stock Exchange Building, Menara I, 5th Floor Jl. Jendral Sudirman Kav. 52– 53, Jakarta 12190 Tel. +62 21 5299 1099 Faks. +62 21 5299 1199 TRUSTEES PT Bank Mandiri (Persero) Tbk International Banking & Financial Institutions Group Plaza Mandiri, 22nd Floor Jl. Jend. Gatot Subroto Kav. 36-38 Jakarta, 12190 Tel. +62 21 526 5045 Faks. +62 21 527 4477 LISTING SERVICES Bursa Efek Indonesia Indonesia Stock Exchange Building Tower I, 6th Floor Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 Tel. +6221 5150515 RATING AGENCY PT Pemeringkat Efek Indonesia (PEFINDO) Equity Tower, 30th Floor Sudirman Central Business District Lot 9 Jl. Jendral Sudirman Kav. 52-53 Jakarta 12190, Indonesia Tel. +62 21 509 684 69 Faks. +62 21 509 684 68 138 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Information on
Corporate Website
Maybank Indonesia has a website, www.maybank.co.id, Information on the Bank’s website generally consists
which is equipped with various important information that of: General information about the Bank consisting of
is updated regularly. The Bank’s website is created and Maybank Indonesia Profile, Vision and Mission, Profiles of
managed based on OJK Regulation No. 8/POJK.04/2015 the Board of Commissioners, Board of Directors, Shariah
regarding Website of Public Companies. Maybank Supervisory Board, Organisational Structure, Group
Indonesia website can be accessed by customers and Structure, Subsidiaries & Associates, Capital Market
public to gather information about the Company. Supporting Institutions & Professions, Awards, Guarantees
and Protections, Company Articles of Association,
The Bank continuously improves the website to become Committees, and Maybank Foundation Scholarship
more informative, accessible, easy to navigate and Program.
user-friendly. The website has information display in two
languages, namely Indonesian and English. Maybank Information related to Investor Relations consisting of:
Indonesia is committed to continuously improve the • Financial Highlights, Annual Reports, Financial
implementation of the Disclosure Principle as mandated Statements, Monthly Publication Reports, Company
by the prevailing laws and regulations. To improve the Presentations, GMS, Share Information, Dividend
implementation of good corporate governance, especially Information, Corporate Actions, Bond Information,
in providing access to comprehensive information on Credit Ratings, Leverage and Liquidity Coverage Ratio,
the Bank’s performance to shareholders, customers, the and Corporate Research www.maybank.co.id
public, government, and other stakeholders, Maybank • Information on Products and Services offered by the
Indonesia provides access to the required information on Bank. The information includes the following products
the Bank’s official website. and services: CFS Banking (Non-Retail and Retail),
Global Banking, Global Markets, Sharia, and Digital
Banking.
• The website also provides other information related
to the Bank’s office network and electronic network,
Corporate Governance (GCG) implementation report,
Corporate Social Responsibility (CSR) activities,
Sustainability, news and information for the media.
The Bank’s website also contains career opportunities
in the Bank, banking education to customers, and a
glossary of terms along with information on interest rates
applicable in the Bank, as well as other information related
to the principle of transparency in the management of the
Company.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 139
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03 / C O M P A N Y P R O F I L E
Operational
Areas
Aceh
MEDAN
REGIONAL OFFICE
North Sumatra Pontianak
Pekanbaru
South Sumatra Jambi
Jakarta 1 Pangkal Pinang
Padang
Jakarta 2
Muarabungo
Jakarta 3
West Java PALEMBANG
Bengkulu
Central Java JAKARTA
Lampung 1, 2, dan 3
East Java, Bali, & Nusa Tenggara
Kalimantan
Sulawesi & Eastern Indonesia
WEST JAVA
CENTRAL JAVA
TOTAL BRANCHES *
2023 | 337
2024 | 314
Total Regional
2025 | 275 Offices
* Total Branches: Number of Conventional
Branch Offices + Number of Overseas Branch
10
10
10
Offices + Number of Shariah Branch Offices
TOTAL ATM** 2023 2024 2025
Total Overseas
2023 | 765 Branch Offices
| 747
1
1
1
2024
2025 | 661
** Including 26 Cash Recycle Machines (CRM)
2023 2024 2025
140 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
Tarakan
Manado
Samarinda
Gorontalo Ternate
Palu Sorong
BALIKPAPAN
Sampit Jayapura
Banjarmasin
Mamuju
Ambon
Kendari
MAKASSAR
EAST JAVA
Bali Nusa Tenggara
Kupang
Total Conventional Total Main Total Sub-Branch
Branch Offices Branch Offices Offices
316
79
79
79
237
293
214
254
175
2023 2024 2025 2023 2024 2025 2023 2024 2025
Total Shariah Total KCP
Branch Offices Mobile
20
20
20
22
22
22
2023 2024 2025 2023 2024 2025
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 141
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03 / C O M P A N Y P R O F I L E
Branch Offices
Address
CONVENTIONAL BRANCH OFFICE
Branch Name Address Phone
REGIONAL OFFICE NORTH Gedung Sinar Mas Land Plaza Lt.3, Jl. Diponegoro No. 18, Medan
SUMATRA
KC DIPONEGORO MEDAN Jl. Diponegoro No. 18, Medan 061 - 4537 888
KCP SUMATERA Jl. Sumatera No. 93 C, Medan 061-88817811
KCP BINJAI JL. Jend. Sudirman No. 207 A-B, Binjai 061 - 8822325
KCP TOMANG ELOK Jl. Gatot Subroto Komp. Tomang Elok Blok C No. 105 Medan 061 - 8462222
KCP TANJUNG MORAWA Jl. Pahlawan No. 40 Tanjung Morawa, Deli Serdang 061 - 7940622
KCP BRIGJEN KATAMSO Jl. Brigadir Jendral Katamso No. 761 AB, Medan 061-7878008
KC PALANG MERAH, MDN Jl. Palang Merah No. 15, Medan 061 - 4512800
KCP JL BANDUNG MEDAN Jl. Bandung 88/11, Pasar Baru, Medan 061 - 4559811
KCP THAMRIN MEDAN Jl. Thamrin No. 75 - C-I Medan 061 - 7348000
KCP KRAKATAU JL. Krakatau No. 138 A Medan 061 - 6630050
KCP PULO BRAYAN Jl. K.L. Yos Sudarso No. 2 M-N, Pulo Brayan, Medan 061- 6620888
KCP A.R.HAKIM JL. A.R. Hakim No. 8, Medan 061 - 7352688
KCP SUTOMO Jl. DR. Sutomo No. 18 I-J Medan 061 - 4565088
KCP CEMARA ASRI Jl. Cemara Boulevard Blok B 1 No. 76, Kompleks Cemara Asri, Deli Serdang 061 - 6638286
KC BATAM Raja Ali Haji No. 38 Batam 0778 - 456377
KCP CITRAMAS PENUIN Jl. Pembangunan Komp. Citramas Bl. A No. 18, Penuin Batam 0778 - 422710
KCP BATU AJI Komplek Sentosa Perdana Blok DD No. 9 & 10, Batam - Kepri 0778 - 392087
KCP PALM SPRING BATAM CENTER Komplek Palm Spring BTC Blok D1 No. 10, Batam Centre 0778 - 466705
KCP BOTANIA GARDEN Ruko Botania Garden, Botania Garden Blok A1 No 1A dan 1B, Batam Center 0778-7495222
- Batam
KC PEMATANG SIANTAR Jl. DR. Sutomo No. 245 Pematang Siantar 21118 0622 - 420777
KC RANTAU PRAPAT Jl. Diponegoro No. 19 Rantau Prapat 21412 0624 - 327333
KC TANJUNG PINANG Jl. Merdeka No. 6 F- G Tanjung Pinang 29111 0771 - 311800
KC PEKANBARU Komp. Senapelan Plaza, Jl. Jend. Sudirman No. 69 Pekanbaru 0761-31922
KCP RIAU Jl. Riau No. 10 FG Kel. Tampan Kec. Tampan, Kota Pekanbaru, Riau 0761 - 848811
KCP NANGKA Komp. Citra Plaza Jl. Teuku Tambusai (D/H Jl. Nangka) No. 12 Pekanbaru 0761 - 28230
KC PADANG Jl. Jend. Sudirman No. 14 Padang 25121 0751 - 30811
KCP PONDOK Jl. Pondok No. 86 - C, Kota Padang, Provinsi Sumatera Barat 25121 0751 - 33148
KCP BUKIT TINGGI Jl. Jend. A. Yani No. 92 Bukit Tinggi 0752-625811/5
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Branch Name Address Phone
REGIONAL OFFICE SOUTH Jl. Kapten Rivai No. 1293, Lantai 5, palembang, Sumatera Selatan
SUMATRA
KC BENGKULU Jalan Soewondo Parman No. 51-52, Kelurahan Penurunan, Kecamatan 0736-344100
Ratu Samban, Kota Bengkulu, Provinsi Bengkulu
KC JAMBI Jl. DR. Sutomo No. 54 Jambi 36113 0741-32141 47
KCP SIPIN, JBI Jl. Kapt. A. Bakarudin No. 67 & 68, Sipin, Jambi 36122 0741 - 63981
KCP TALANG BANJAR Jl. Rang Kayo Pngai No. 36 RT 003 RW 003, Kelurahan Talang Banjar, 0741-34700
Kecamatan Jambi Timur, Kota Jambi
KC MUARA BUNGO Jl. Sudirman No. 55, RT 015 RW 006, Kelurahan Bungo Barat, Kecamatan 0747-321181
Muara Bungo, Kabupaten Bungo, Jambi
KC PALEMBANG Jl. Kapten Rivai No. 1293 Palembang 30129 0711 - 311909
KCP SUKAMTO Jalan R. Sukamto No. 28 E, Palembang 0711-314222/33
KCP LETKOL ISKANDAR Jl. Letkol. Iskandar No. 901 ABCD Palembang 0711-370771/2
KCP KEBUMEN DARAT JL. Kebumen Darat No. 742, Palembang 0711 - 361447
KCP POLYGON Perumahan Bukit Sejahtera (Polygon) Bl. BA No. 17, Palembang 0711 - 442605
KCP LEMABANG Jl. RE Martadinata No. 18 B, Kel. 8 Ilir, Kec. Ilir Tengah 1, Palembang 0711 - 710334
KC BANDAR LAMPUNG Jl. Pattimura No. 15, Kelurahan Kupang Kota, Kecamatan Teluk Betung 0721-487409/10
Utara, Kota Bandar Lampung
KCP TANJUNG KARANG Jl. Kartini Komp. Pertokoan Pasar Tengah Blok B / II No. 15 Tanjung Karang 0721 - 266651
Lampung 3511
KCP RADEN INTEN Jln. Raden Intan No. 144/88 Tanjung Karang, Bandar Lampung 0721 - 250270
KCP METRO LAMPUNG Komp. Ruko Sumur Bandung Blok B No. 5 Metro, Lampung 0725-4781114
KCP BANDAR JAYA Jl. Proklamator No. 25 Kelurahan Bandar Jaya Barat, Kecamatan 0725-527611
Terbanggi Besar, Kabupaten Lampung Tengah, Propinsi Lampung
KCP ANTASARI Jl. Pangeran Antasari No. 36 C, Kelurahan Kedamaian, Kecamatan Tanjung 0721-5600588
Karang Timur, Kota Bandar Lampung, Lampung
KC PANGKALPINANG Jalan Jendral Sudirman, RT. 005 RW. 002, Kelurahan Gedung Nasional, 0717-424324
Kecamatan taman Sari, Kota Pangkalpinang, Provinsi Kepulauan Bangka
Belitung, Kode pos 33127
REGIONAL OFFICE WEST JAVA Jl. R.E. Martadinata No. 23 Bandung
KC RE MARTADINATA Jl. R.E. Martadinata No. 23 Bandung 022- 4240720
KCP BUAH BATU Jl. Buah Batu No. 261 Bandung (022) 7305595
KCP KOPO SAYATI Jl. Raya Kopo Bihbul No. 16 D Bandung (022) 5415858
KCP JL AHMAD YANI BANDUNG Jl. A. Yani No. 702 Bandung (022) 7202914
KCP BATUNUNGGAL Jl. Batununggal Indah No. 153, Kelurahan Batununggal, Kecamatan 022 7563466
Bandung Kidul, Wilayah Gedebage, Kota Bandung, Provinsi Jawa Barat
KCP MOHAMMAD TOHA Jl. Mohammad Toha No. 111 A dan 165, Kelurahan Cigereleng, Bandung (022)
42826965/42826599
KC ASIA AFRIKA Jl. Asia Afrika No. 113 Bandung (022) 4214024
KCP SETIA BUDI BANDUNG Jalan Dokter Setiabudhi No. 170 E, Kelurahan Hegarmanah, Kecamatan (022) 2032616
Cidadap, Kota Bandung, Propinsi Jawa Barat
KCP CIMAHI Jl. Amir Mahmud no. 294, Cimahi (022) 6658188
KCP KOMPLEK SUMBER SARI Ruko Sumber Sari No. 130 Jl. Soekarno Hatta, Bandung (022) 6079900
KCP SURYA SUMANTRI Jl. Surya Sumantri No. 56 Bandung (022) 2003390
KCP PASIR KALIKI Jl. Pasirkaliki No. 154, Bandung (022) 84468050
KCP RANCAEKEK Jl. Rancaekek No. 147, Bandung (022) 7797022
KCP JL CIBADAK BANDUNG Jl. Cibadak No. 88 Bandung (022) 4207809
KCP KOPO PLAZA Ruko Bumi Kopo Kencana Bl. D-14, Jl. Lingkar Selatan, Bandung (022) 6079717
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Branch Name Address Phone
KCP KOTA BARU PARAHYANGAN Ruko Tatar Pancawarna, Jl. Pancawarna no. 11, Kota Baru Parahyangan, (022) 86861195
Desa Cipendeuy, Kecamatan Padalarang, Kabupaten Bandung Barat,
Provinsi Jawa Barat
KCP UJUNGBERUNG Jl AH Nasution 113, Kec Ujungberung, Bandung 022-63734481
KCP GARUT Jl. Ciledug No. 177, RT 001 RW 010, Desa/Kelurahan Kotakulon, Kecamatan 0262-238071
Garut Kota, Kabupaten Garut
KCP TAMAN KOPO INDAH Ruko 1B-20 RT 10 RW 11, Desa Rahayu, Kecamatan Margaasih, Kabupaten 022-5421334
Bandung
KC SUKABUMI Jl. Jendral Sudirman No. 72, Kelurahan Benteng, Kota Sukabumi 0266214800
KC TASIKMALAYA Jl. Juda Negara Ruko No. 16-17 Tasikmalaya (0265) 338408
KC CIREBON Jl. Siliwangi No. 49 Cirebon (0231) 202150
KCP PAGONGAN Komplek Ruko Cirebon Grand Center D.10, Jl. Pagongan Kel. Pekalangan, (0231) 237944
Kec. Pekalipan, Kota Cirebon
KCP SUBANG CP Industrial Estate Ruko Blok A1 No 1 & 2, Jl. Raya Purwadadi, Kaliangsana, 0260 5572011
Kecamatan Kalijati, Kabupaten Subang, Jawa Barat
REGIONAL OFFICE JAKARTA 1 Gedung Sinar Mas Land Plaza, Menara 1 lt. 3 Jl. M.H. Thamrin Kav. 22 No.
51, Jakarta
KC THAMRIN, JKT Jl. MH Thamrin Kav. 22 No. 51, Tower 2 lt. 1, Jakarta 10350 (021) 2300888
KCP PROKLAMASI Jl. Proklamasi No. 23 Jakarta Pusat 10320 021-3906889
KCP WISMA KEIAI Wisma KEIAI Lt. Dasar, Jl. Jend. Sudirman Kav. 3-4, Jakarta 021-5724031-36
KCP TANAH ABANG Jl. Fachruddin Bl. D 18-19 Tanah Abang, Jakarta Pusat 10250 021 -
2303035/3923520
KC SUMMIT MAS, JKT Summitmas Tower II Jl. Jend. Sudirman Kav. 61, Jakarta 021 - 2526333
KCP WOLTER MONGINSIDI Jl. Wolter Monginsidi No. 64B, Kebayoran Baru, Jakarta Selatan 021-72796941/43
KCP PALMERAH Jl. Palmerah Utara 36-38, Jakarta 021-5305119
KCP PERMATA HIJAU Jl. Perak No. 17B , Permata Hijau , Jakarta 12210 021 - 5357333
KCP SENTRAL SENAYAN 3 Gedung Sentral Senayan 3, Ground Floor, Jl. Asia Afrika 8, Gelora Bung 021-29228857
Karno, Senayan, Jakarta Pusat 10270
KC MT. HARYONO, JKT Wisma Korindo Lt. 1, Jl. MT. Haryono Kav. 62 Jakarta 021-7976061-5
KCP WISMA MULIA Suite G 01, Wisma Mulia Jl. Jend. Gatot Subroto 42, Kuningan Barat, 021 - 52906000
Mampang Prapatan Jakarta 12710
KCP GRAHA IRAMA Jl. HR Rasuna Said Kav. 1-2 Ground Floor Blok B Jakarta Selatan 021-5261330-4
KCP SUPOMO Jl. Profesor Supomo SH Blok Z Persil 25 (Supomo No. 55), Kec. Tebet, Kel. 021-83780897-8
Tebet Barat, Jakarta Selatan
KC FATMAWATI, JKT Jl. R.S. Fatmawati No. 28 Jakarta 021 - 7511900
KCP AMPERA Jl. Ampera Raya 10 Pejaten Barat, Jakarta 12510 021-7180149-50
KCP KEMANG Jl. Kemang Raya No. 6 Jakarta 021 - 7181404
KCP PANGLIMA POLIM Jl. Panglima Polim Raya No. 79 Jakarta 021 - 2700811
KCP TB SIMATUPANG Gedung Graha Simatupang, lt. 1 & 2, Jl. T B Simatupang Kav. 38, Jakarta 021-7813292-94
Selatan
KCP DEPOK Jl. Margonda Raya No. 38 Depok 021 - 7751368
KC PONDOK INDAH, JKT Jl. Metro Pondok Indah Kav. II UA No.65-66, Jakarta 12310 021-7500027
KCP BONA INDAH Jl. Karang Tengah, Kompleks Perumahan Bona Indah Blok A2/B Kavling No. 021 - 7548033
6, Lebak Bulus, Cilandak, Jakarta Selatan, DKI Jakarta
KCP BINTARO JAYA Jl. Bintaro Utama 3 A Rukan Blok A No.1 , Pondok Aren, Tangerang 021-7351158-60
KCP BINTARO PERMAI Jl. RS Veteran No. 1, Kel. Bintaro, Kec. Pesanggrahan, Jakarta Selatan 021 - 73692589
KC JATINEGARA, JKT Jl. Jatinegara Timur 59 Jakarta 021 -
2800320/2800333
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Branch Name Address Phone
KCP MATRAMAN JL. Matraman Raya No. 55 Jakarta 021-8510761-65
KCP PEMUDA JL. Matraman Raya No. 55 Jakarta 021 - 4714850
KC ROXY MAS, JKT Jl. Hasyim Ashari Blok B1 12 A, Jakarta (021) 6329515
KCP CENTRAL PARK Garden Shopping Arcade Blok B / 08 /BC, Kawasan Podomoro City. 021-29209059
Jl. S. Parman Kav. 5-9 Tanjung Duren Selatan, Grogol Petamburan,
Jakarta Barat
KCP DAAN MOGOT Jl. Daan Mogot Raya Km 1 No. 10, Rukun Tetangga No. 011, Rukun Warga 04, 021-29200611
Kelurahan Jelambar, Kecamatan Grogol Petamburan, Jakarta Barat.
KCP GREEN VILLE Komp. Pertokoan Green Ville Blok A 17-18 Jakarta (021) 5656044
KCP JEMBATAN LIMA Jl. Moch. Mansyur No. 65 D, Jakarta 11270 (021) 6304135
REGIONAL OFFICE JAKARTA 2 Gedung Wisma Eka Jiwa lt. 6, Jl. Mangga Dua Raya, Jakarta 10730
KC KOTA Jl. Gajah Mada No. 187, Jakarta Barat 021 - 2310811
KCP SUKARJO WIRYOPRANOTO Jl. Sukarjo Wiryopranoto No. 71A Kel. Maphar, Kec. Taman Sari, Jakarta 021 - 3448188
Barat. 11150
KCP GARUDA Jl. Garuda No. 22B, Jakarta 021- 4211844
KCP LINDETEVES TRADE CENTER Lindeteves Trade Center, Ruko RA-47 dan kios C31 No. 10, Ground Floor 2 021-62320643
(GF2)
KCP GLODOK PLAZA Komp. Glodok Plaza, Jl. Pinangsia Raya Blok E No. 9-10, Jakarta (021) 628-1100
KCP MANGGA BESAR Jl Mangga Besar Raya No 42C RT. 002 RW. 002, Kelurahan Taman Sari, 021-6261184
kecamatan Taman Sari, Jakarta Barat 11180
KCP KETAPANG INDAH Komplek Ketapang Indah Blok B-2 No.18 Jakarta Barat 021 - 6338566
KC PURI KENCANA, JKT Komp. Puri Niaga III, Jl. Puri Kencana B1. M - 8 No. 1 JKL, Jakarta 11610 021-583-56536
KCP PURI SENTRA NIAGA Jalan Kompleks Ruko Sentra Niaga Puri Indah Blok T 1 nomor 8, Kecamatan 021-22500505
Kembangan, Kelurahan Kembangan Selatan, Jakarta Barat
KCP TAMAN PALEM Ruko Taman Palem Lestari Blok D10/25, Cengkareng, Jakarta Barat (021) 55959008
KCP KEBUN JERUK INTERCON Komplek Intercon Plaza No. 3 Jl. Meruya Ilir No. 14, Jakarta (021) 5841501
KCP KEBON JERUK PLAZA Jl. Raya Perjuangan Blok A No.7-8 Jakarta (021) 5308885
KCP GREEN GARDEN Komp. Perumahan Green Garden Jl. Raya Daan Mogot Km. 3 Blok 22 No. (021) 5828359
46, Jakarta
KC EKAJIWA, JKT Gedung Wisma Eka Jiwa lt. 6, Jl. Mangga Dua Raya, Jakarta 10730 (021) 612-1611
KCP PANGERAN JAYAKARTA Jl. Pangeran Jayakarta No. 129, Blok A9-10, Kel. Mangga Dua Selatan, Kec. (021) 6242677
Sawah Besar, Jakarta Pusat 10370
KCP MAL MANGGA DUA Gd. Mal Mangga Dua Blok RM No. 1-2, Jl.Mangga Dua Raya, Jakarta Pusat (021) 6129160
10730
KCP KALI BESAR Jl. Kalibesar Barat No. 18-19, Jakarta Barat (021) 2600811
KC KELAPA GADING, JKT Jl. Raya Barat Boulevard Blok LC5 No. 9-11, Jakarta 021 - 4503181
KCP KLP. GADING BULEVARD I Jl. Kelapa Gading Boulevard Blok PA-19 No. 11, Jakarta Utara 14240 021 - 4514425
KCP KLP. GADING BULEVARD II Jl. Raya Boulevard I-3 no. 4, Jakarta 021 - 4515253
KCP KLP. GADING KIRANA Jl. Gading Kirana Timur Blok A 13 No. 35, Jakarta Utara 021-4513212-15
KCP CAKUNG CILINCING PT. Bimaruna Jaya, Jl. Cakung Cilincing Km.1,5, Jakarta Timur 021 - 4619401
KC PLUIT, JKT Jl Pluit Kencana Raya No. 80 Blok D Kav. 34, Jakarta (021) 6604333
KCP BANDENGAN Jl. Bandengan Utara No. 85/A 10, Jakarta (021) 6601469
KCP BUKIT GOLF MEDITERANIA Rukan Exclusive A 6-7, Bukit Golf Mediterania, Jakarta Utara (021) 55966101
KCP TELUK GONG Ruko Duta Indah Square 1, Jalan Raya Teluk Gong No. 15 Blok A No. 1, (021) 66670575
Jakarta Utara
KCP MUARA KARANG RAYA Jl Pluit Karang No 197 Blok A7 Kav No 2 Jakarta Utara (021) 22667767
KCP MUARA KARANG Jl. Pluit Karang Timur Bl. B 8 No. 112 Jakarta (021) 660-1478
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Branch Name Address Phone
KC CEMPAKA MAS, JKT Ruko Grand Cempaka Jl. Letjend. Suprapto Blok A No.34, Cempaka Putih, 021-4215915-20
Jakarta 10640
KCP TANJUNG PRIOK Jl Enggano No. 38, Tanjung Priuk, Jakarta 021 - 430-0419
KCP SUNTER PARADISE Jl. Bismaraya Blok A5 No. 50, Sunter, Jakarta (021) 6452804-05
KCP SUNTER PODOMORO Jl. Sunter Agung Utara Blok A36 d No. 40-41, Sunter, Jakarta Utara (021) 64716300
KCP DANAU SUNTER II Jl. Danau Agung II C3/C4 RT 010/011 No. 77 A-B, Jakarta Utara (021) 6518105
REGIONAL OFFICE JAKARTA 3 Gedung Kantor Cabang Jatinegara Lt.3, Jl. Jatinegara Timur 59,
Jakarta Timur
KC BEKASI, JTN-JKT Ruko Kalimalang Commercial Center, Jl. Jend. A. Yani Blok A-1 No. 8 Bekasi 021 - 8849060
KCP KALIMALANG, Pertokoan Duta Permai Bl.B-1 No.14-16, Jl. Kalimalang, Bekasi 021-88954311
KCP PONDOK GEDE Jl. Raya Jatiwaringin No. 93B, Kelurahan Jatiwaringin, Kecamatan Pondok 021- 85527460
Gede, Kota Bekasi, Provinsi Jawa Barat
KCP HARAPAN INDAH Ruko Sentra Niaga 2 Blok SN2 No. 7, Bulevar Hijau, Harapan Indah, Medan 021 - 88387040
Satria, Bekasi Barat
KCP GRAND WISATA Ruko Grand Wisata Blok AA 9 No. 23, Bekasi 021 - 82616054
KCP KEMANG PRATAMA Ruko Kemang Pratama Kav. AM No. 07 B, Bekasi 021 - 82415222
KC LIPPO CIKARANG Komp. Ruko Thamrin Bl. B No. 2 Bl. B No. 2 Lippo Cikarang Jl. MH. Thamrin, 021 - 89909052
Bekasi 17550
KCP CIBITUNG Komplek Perkantoran Kawasan Industri, MM 2100 Blok C No. 12 A dan B, 021-8981338-40
Cibitung - Bekasi
KCP JABABEKA Jl. Niaga Raya Ruko Capitol No. 2 M , Jababeka II 021 - 89830717
KCP CIKARANG PLAZA Ruko Cikarang Plaza, Jl. Sumantri Blok No. 17 & 18, Cikarang, Jawa Barat 021-8905011-13
KCP DELTAMAS PERUMAHAN KOTA DELTAMAS, BLOK B NO. 1, LOKASI PALAIS De PARIS, DESA 021 - 89970005
SUKAMAHI, CIKARANG PUSAT
KC KARAWANG, JKT Jl. Jend. A. Yani No. 85 Karawang 0276 - 403304
KCP SENTRA KIIC Sentra KIIC Room #1, Unit C, Sentra KIIC, Jalan Permata Raya Lot-CA 1, "021-8905404 - 05
Kawasan Industri KIIC, Telukjambe Karawang - Jawa Barat 0267-644008,
646382"
KCP CIKAMPEK Jl. Jend. A. Yani Ruko No. 60C Cikampek 0264-311761/3
KCP SURYA CIPTA KARAWANG Gedung Suryacipta Square, Jl. Surya Utama Kav.C-1, Kawasan Industri (0267) 8610234
Suryacipta, Karawang
KCP BUKIT INDAH Kompleks Sentra Niaga Blok A-II No. 29 Kanto No. 44, Kota Bukit Indah, 0264-8371185/88
Kabupaten Purwakarta
KCP TUPAREV Jl. Tuparev No. 56, Kecamatan Karawang Barat, Kabupaten Karawang, 0267-8490899
Jawa Barat
KCP PURWAKARTA Jl. Jendral Sudirman No. 59 Purwakarta 0264-311761-3
KC BOGOR, JKT Jl. Suryakencana No. 231 Bogor 0251 - 8330316
KCP PAJAJARAN Komp. Pertokoan Jl. Pajajaran No. 20 (28 L), Bogor 0251 - 8317291
KCP CITRA GRAN CIBUBUR Perumahan Citra Gran Kawasan City Walk Blok CW No. 10 dan 11, Cibubur 021-29060515-7
KCP BARANANGSIANG Jalan Raya Pajajaran No. 78 N, Bogor 0251-8330082
KCP CIBINONG Jl. Mayor Oking Jayaatmaja No. 27 Komp. Pertokoan Cibinong Indah Bl. A 021 - 8753692
No.3, Cibinong
KCP KOTA WISATA Ruko Trafalgar Bl. H-2&H-3 Sentra Eropa, Perum. Kota Wisata Jl. Transyogi 021- 84934504
km 6, Cibubur, Bogor
KC CILEGON Jl. Lingkar Selatan No. 2, Kedaleman, Kec. Cibeber, Kota Cilegon, Banten. (0254) 395401
42422
KC TANGERANG, JKT Jl. Daan Mogot No. 33, Tangerang (021) 5513626
KCP CITRA RAYA CIKUPA Jl. Boulevard Utama Ruko Square 2 Blok B 5A/01, Perumahan Citra Raya (021) 5961190
Cikupa, Tangerang
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Branch Name Address Phone
KCP CBD CILEDUG CBD Ciledug Trade Mall & Shopping Arcade Ruko A3/27, Jl. HOS (021) 73458080
Cokroaminoto No. 93 Ciledug, Tgr
KCP TANGERANG CITY Ruko Business Park, Tangerang City A 36, Jl. Jendral Sudirman dan Jl. 021 - 29239700
Perintis Kemerdekaan, Kota Tangerang
KC BUMI SERPONG DAMAI Ruko BSD Sektor 7 Jl. Raya Serpong Blok RN No.56-57, Tangerang 15310 (021) 5371455
KCP ALAM SUTERA Ruko Sutera Niaga I No. 36 & 37, Ruko Alam Sutera, Tangerang (021) 53124750
KCP SUMMARECON SERPONG Jl. Gading Serpong Boulevard Blok AA No. 27 Gading Serpong, Tangerang (021) 5467910
Banten
KCP KARAWACI Ruko Pinangsia, Karawaci Office Park Blok H No.2 Lippo Karawaci, (021)-5469297
Kecamatan Cibodas, Kelurahan Panunggangan Barat, Tangerang, Banten
15138
KCP SUTERA PALMYRA Ruko Jalur Sutera 25A No 1, Perumahan Alam Sutera, Kecamatan (021) 29315001-06
Bencongan, Tangerang, Banten
KCP PASAR MODERN SERPONG Jl. Ruko Golden Madrid 1 Blok C No. 6 BSD, Tangerang (021) 5389032
KCP TERAS KOTA Ruko CBD Bidex Blok A/5 BSD, Serpong, Tangerang (021) 5389029
REGIONAL OFFICE CENTRAL JAVA Jl. Pemuda No. 150 Semarang
KC SEMARANG Jl. Pemuda No. 150 Semarang (024) 3511506
KCP GANG BESEN Jl. Gang Besen No. 20-22, Semarang (024) 3546440
KCP BSB CITY Ruko Taman Niaga Bukit Semarang Baru (BSB) Blok E No. 3A, Semarang (024) 76670611
KC SULTAN AGUNG Komp. Pertokoan Sultan Agung 1, Jl. Sultan Agung No. 55, Semarang (024) 8315590
KC TEGAL Jl. Jend. Sudirman No. 40 Tegal (0283) 358500
KCP PEMALANG Jl. Jendral Sudirman Timur No.31Candramawa RT 004/004 Desa/Kelurahan 0284-325800
Wanarejan Selatan. Kecamatan Taman, Pemalang
KC KUDUS Jl. Dr. Lukmonohadi No. 65 Komp. Rukan Panjunan, Kudus (0291) 432 841
KC PEKALONGAN Jl. Diponegoro No. 4 Pekalongan (0285) 421337
KC PURWOKERTO Jl. Jend. Sudirman No. 660-662 Purwokerto (0281) 638623
KCP PURBALINGGA Jalan Jendral Ahmad Yani nomor 63 Ruko No.3, Kelurahan (0281) 891851
Kandanggampang, Kecamatan Purbalingga, Kabupaten Purbalingga,
Propinsi Jawa Tengah
KC SALATIGA JL. Diponegoro Nomor 20, Kelurahan Salatiga, Kecamatan Sidorejo, Kota (0298) 326280
Salatiga, Propinsi Jawa Tengah
KC SOLO Jl. Slamet Riyadi No. 307 Solo (0271) 722910
KCP PALUR Jalan Raya Palur No. 295, Desa Palur, Kecamatan Mojolaban, Kabupaten (0271) 827584
Sukoharjo, Propinsi Jawa Tengah
KCP URIP SUMOHARJO JL. Urip Sumoharjo No. 29, Kelurahan Kepatihan Wetan, Kecamatan Jebres, (0271) 632651
Kotamadya Surakarta, Propinsi Jawa Tengah
KCP SOLO BARU Jalan Raya Solo Permai LJ No. 36, Desa Madegondo, Kecamatan Grogol, (0271) 7889566
Kabupaten Sukoharjo, Propinsi Jawa Tengah
KC MAGELANG Jl. A. Yani No. 11 Magelang (0293) 368111
KC YOGYAKARTA Jl. Jend. Sudirman No. 48 Yogyakarta (0274) 561416
KCP JL BRIGJEND KATAMSO Jl. Brigjend. Katamso No. 143 Yogyakarta (0274) 389281
REGIONAL OFFICE EAST JAVA, BALI Jl. Jembatan Merah No. 3, Surabaya
& NUSRA
KC SURABAYA Jl. Jembatan Merah No. 3, Surabaya 031.3520055,352005
7,3520058,3520059,3
520064
KCP MERR Ruko Promenade Kav 20 Jl Dr Ir Soekarno Kav 20 Baruk Rungkut Surabaya 031-87860868
KCP PAKUWON CITY Jl. Pakuwon Boulevard II AA2-07, Kelurahan Kejawan Putih Tambak, 031-5967019
Kecamatan Mulyorejo, Kota Surabaya, Provinsi Jawa Timur
KC MAYJEND SUNGKONO, SBY JL. Mayjen Sungkono No 109 Surabaya 031-5671137
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 147
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Branch Name Address Phone
KCP SUPER MAL PAKUWON Supermall Pakuwon Indah, Ruko The Terrace No. 07 - 08, JL. Puncak Indah 031-7390434-7
Lontar 2 Surabaya
KCP ARGOPURO Jl . Argopuro No. 53 A Surabaya 60251 031-5320537
KCP DARMO JL. Raya Darmo No. 121 Surabaya 031 - 5672347
KCP CITRALAND SURABAYA Ruko G Walk Galeria Blok M No. 1, Citra Raya, Surabaya 031-7414394-99
KC JEMUR ANDAYANI, SBY Jl. Jemur Andayani No. 19 Surabaya 031-8433620
KCP MAL GALAXY SRBY GD. Galaxi Mal LT. Dasar No. 73 JL. Darma husada Indah Timur No. 37 031-5937175
Surabaya
KCP PONDOK CHANDRA JL. Palem No. 22-23 Pondok Chandra Surabaya 031 - 8669531
KCP MANYAR JL. Ngagel Jaya Selatan Blok D3 -D4 Surabaya 031 - 5043983/81
KCP KERTAJAYA JL. Kertajaya No 198 Surabaya 031 - 5015741
KCP SIDOARJO JL. Gajah Mada No. 14-16 Sidoarjo Surabaya 031 - 8962508/09
KC MOJOKERTO JL. Jaksa Agung Suprapto No 30 Mojokerto 0321 - 383811
KC GRESIK, SBY Jl. Veteran No. 1, Kompleks Plaza Matahari Blok A3-4, Gresik 031 - 3977933
KCP PERAK Jl. Perak Timur No. 192, Surabaya 031 - 3286445
KCP MARGOMULYO Jl. Margomulyo No.g Blok AA - 06 Surabaya 031-7494785
KCP TUBAN Jl. Basuki Rahmat No. 145, Tuban 0356-322017
KC JEMBER JL. Gatot Subroto No 48 Jember 0331 - 484706
KC JOMBANG JL. Merdeka No. 133-135 Jombang 0321-864532
KC KEDIRI JL.Hayam Wuruk No 20 B-C Kediri 0354 - 685582
KCP TULUNGAGUNG JL. Jendral Sudirman No. 78, Tulungagung 66212 0355-335811
KCP MADIUN Jl. Dr. Sutomo No. 76E, Kartoharjo, Kec. Katoharjo, Kota Madiun, Jawa Timur. 0351-467811
63117
KC MALANG JL. Basuki Rahmat No. 91-92 Malang 0341 - 368875
KCP SOEKARNO HATTA MALANG Jl. Soekarno Hatta A 10 Kav. 07, Komplek Ruko Soekarno Hatta Business 0341-482002
Center, Malang
KC PROBOLINGGO JL. DR. Sutomo No. 78 Probolinggo 0335 - 422384
KC DENPASAR JL. Udayana No. 1 Denpasar Bali 0361 - 237250
KCP GATOT SUBROTO DENPASAR JL. Gatot Subroto Tengah No. 312 Denpasar 0361 - 411500
KCP UBUD JL. Raya Ubud Gianyar Bali 0361 - 976595
KCP SANUR Kompleks Ruko Sanur Raya No. 14, Jl. By Pass Ngurah Rai, Desa Sanur Kaja, 0361-274844
Kec. Denpasar Selatan, Kota Denpasar
KC SUNSET ROAD, DPS Jl. Sunset Road No 811, Kuta - Badung, Bali 0361 - 8477250
KCP KEROBOKAN Jl. Raya Kerobokan No. 58 Br. Taman, Kuta-Badung, Bali 0361 - 737737
KCP SESETAN Jl. Diponegoro No. 369, Unit D Kel. Pedungan, Kec. Denpasar Selatan, 0361-4481558
Denpasar, Bali
KCP KUTA SQUARE JL. Bakung sari Komp Pertokoan Kuta Square Blok E3 & 4 Kuta Denpasar 0361 - 756671
Bali
KC KUPANG JL. Siliwangi No. 35 Kupang 0380 - 822889
KC MATARAM JL. AA Gde Ngurah NO 48 C-D Cakranegara Mataram Lombok 0370 - 635027
REGIONAL OFFICE KALIMANTAN Jl. Jend. Ahmad Yani No. 811 Kelurahan Klandasan Ilir Kec. Balikpapan
Selatan - Balikpapan
KC BALIKPAPAN Jl. Jend. Ahmad Yani No. 811 Kelurahan Klandasan Ilir Kec. Balikpapan 0542 - 731176
Selatan - Balikpapan
KCP BALIKPAPAN BARU Jl. MT. Haryono, Komp. Balikpapan Baru Blok B2 No. 1 Balikpapan 0542 - 875123
KCP KEBUN SAYUR JL. Letjen Soeprapto RT 17 No. 24 Balikpapan 0542 - 735262
KC TARAKAN Jl. Yos Sudarso No. 7 RT 13 Tarakan, Kalimantan Utara 0551-2028811
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Branch Name Address Phone
KC BANJARMASIN JL. Lambungmangkurat no. 68 Banjarmasin 0511-4367711/6
KCP AHMAD YANI BANJARMASIN JL A hmad Yani Km 2,5 No. 39 A, Banjarmasin 0511-3257811/3273760
KC PONTIANAK JL. Tanjung pura No. 128 Pontianak 0561 - 739220
KCP AHMAD YANI PONTIANAK Jl. Jendral Ahmad Yani No. B 34, Pontianak, Provinsi Kalimantan Barat 0561 - 768333
KCP SINGKAWANG Jl. Pangeran Diponegoro No. 95 Kecamatan Pasiran kelurahan melayu, 0562-636809/0562-
Singkawang, Kalbar 636954/0562-
636126/0562-638251
KC SAMARINDA Jl. Panglima Batur No.1-3-5 Samarinda (0541) 732751/528
KCP PAHLAWAN Ruko Permata Kaltim, Jalan Pahlawan No. 6, Samarinda 0541 - 744811
KCP ANTASARI SAMARINDA Jl. Pangeran Antasari No. 17, Kel. Air Putih Kec. Samarinda Ulu, Kota 0541 7779981
samarinda
KC SAMPIT JL. Rahadi Usman No.3, Sampit, Kalimantan Tengah 0531 - 23464
KCP PALANGKARAYA Duta Mall Palangkaraya, Lantai LG Jl. Adonis Samad, Kel. Langkai , Kec. 0536 - 4248977/0536
Pahandut, Kota Palanglaraya, Provinsi Kalimantan Tengah - 4248544
REGIONAL OFFICE SULAWESI & Jl. Kajaolalido No. 6, Lt. 3, Makassar
EASTERN INDONESIA
KC MAKASSAR JL. Kajaolalido No. 6 Makassar 0411 - 3628515
KCP BANDANG JL. Bandang No. 55 A Makassar 0411 - 3615315
KCP PANAKKUKANG Komp Panakkukang Mas Jl. Boulevard BL.F No. 5 C Makassar 0411 - 425116
KCP LATIMOJONG Jl. Gunung Latimojong No 87B, Kelurahan Lariangbangi, Kecamatan (0411) 3630200
Makassar, Kota Makassar
KCP PASAR DAYA Jl. Kapasa Raya, Kompleks Pasar Grosir Daya Niaga Modern Blok RA No. 01 0411-514699
dan 02, Kota Makassar, Sulawesi Selatan
KCP OPU DAENG RISADJU Jl. Opu Daeng Risadju, Ruko Cendrawasih Square Blok A/10, Kel Sambung, 0411-877445
Kec Mamajang, Makassar
KC MAMUJU Jl Diponegoro Kompleks Ruko Ponegoro Mas,Petak No.13-14, Kelurahan 0426-2323729
Karema, Kecamatan Mamuju, Kabupaten Mamuju, Sulawesi Barat
KC GORONTALO Jl. H. Nani Wartabone No. 32B-C, Gorontalo 96112 0435 - 828611
KC KENDARI JL. H. Abdul Silondae No. 82-84, Kendari 0401-3127000
KC MANADO Jl. Kawasan Mega Mas Jl. Pierre Tendean Boulevard Blok I C1 No. 24,25,26 0431 - 860543
dan Blok I C2 No. 27,28,29 Manado
KC PALU Jl. Sam Ratulangi No. 17, Kelurahan Talise, Kecamatan Mantikulore, Kota 0451 - 423789
Palu
KC AMBON JL. Diponegoro No.75A Ambon 0911 - 354346/354343
KC TERNATE Jl. Mononutu No. 127 Desa/ Kelurahan Tanah Raja, Kecamatan Kota 0921-3122811
Ternate, Kabupaten Maluku Utara, Propinsi Maluku
KC JAYAPURA Jl. Percetakan Negara No. 8 Irian Jaya 0967 - 536712
KC SORONG Jl. Basuki Rahmat No 11 Sorong 0951 - 321412
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 149
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03 / C O M P A N Y P R O F I L E
PREMIER
Branch Name Address Phone
PW ALAM SUTRA Ruko Sutera Niaga 1 No. 36 – 37 Jl. Raya Serpong Tangerang (021) 53124750
15310
PW BANDUNG MARTADINATA Jl. LL.RE. Martadinata No. 23 Bandung 40115 022- 4240720
PW BOGOR Jl. Suryakencana No. 231, Lantai 2 Bogor 16126 0251 - 8330316
PW CEMPAKA MAS Graha Cempaka Mas Jl. Letjend Suprapto Blok A 1-2 No. 33-34, 021 - 4215915
Jakarta Pusat 10640
PW DENPASAR Jl. Udayana No. 1 Denpasar 80232 0361 - 237250
PW JUANDA (KOTA) JL Gajah Mada No.187. Kel.Glodok Kec.Taman Sari, Jakarta 11120 021 - 29767255
PW KELAPA GADING Jl. Raya Boulevard Barat Blok LC 5 No. 9-11 Kelapa Gading 021 - 4503181
Permai Jakarta 14240
PW MAKASSAR Jl. Kajaolalido No. 6 Makassar 90111 0411 - 3628515
PW MANGGA DUA MALL Gd. Mal Mangga Dua Blok RM No. 1-2, Mangga Dua Raya (021) 6129160
Jakarta 10730
PW MEDAN DIPONEGORO Gedung Sinarmas Land Lantai 2 Jl. Diponegoro No.18 Medan 061 - 4537 888
20152
PW MEDAN PALANG MERAH JL. PALANG MERAH NO. 15 MEDAN 20152 061 - 4512800
PW PALEMBANG Jl. Kapten Rivai No. 1293 Palembang 30129 0711 - 311909
PW PANGLIMA POLIM Jl. Panglima Polim Raya No. 79 Jakarta 12160 021 - 2700811
PW PERMATA HIJAU Jl. Perak Blok B No. 17 Lantai 2, Permata Hijau Jakarta 12210 021 - 5357333
PW PLUIT Jl. Pluit Kencana Raya No. 80 – 82, Blok D Kav. 34 Jakarta 14450 (021) 6604333
PW PONDOK INDAH PLAZA Jl. Metro Pondok Indah Kav II Blok UA No 65-66 Lantai 2 Jakarta 021-7500027
12310
PW PROKLAMASI Jl. Proklamasi No. 23 Jakarta 10320 021-3154469
PW PURI KENCANA Komp. Rukan Puri Niaga III Jl.Puri Kencana Blok M8 No. 1 JKL 021-583-56536
Jakarta 11610
PW SEMARANG Jl. Pemuda No. 150 Semarang 50132 024 3511506
PW SENTRAL SENAYAN 3 Gedung Sentral Senayan 3, Lantai dasar Jl. Asia Afrika No. 8 021-29228857
Jakarta 10270
PW SOLO Jl. Slamet Riyadi No. 307 Solo 57142 0271 722910
PW SURABAYA Jl. Jembatan Merah No.3 Surabaya 60175 031.3520055,3520057,3520058,3
520059,3520064
PW SURABAYA SUNGKONO Jl. Mayjend Sungkono No. 109 Surabaya 60225 031-5671133-37
PW THAMRIN Sinarmas Land Tower 2, Lantai dasar Jl. MH Thamrin Kav.22 No. 021 - 2300888
51 Jakarta 10350
PW WISMA MULIA Wisma Mulia, Lantai Dasar Jl. Jend Gatot Subroto 42 Jakarta 021 - 52906000
12710
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Strenghtening the Core, Accelerating Forward 03 / C O M P A N Y P R O F I L E
SHARIAH BRANCH OFFICE
Branch Name Address Phone
KCS BANDA ACEH Jl. Panglima Polim No. 50-52, Banda Aceh 0651-26888
KCS DIPONEGORO MEDAN Jl. Diponegoro No. 18, Medan 061-4537888
KCS PALEMBANG Jl. Kapten Rivai No. 1293, Palembang 071-1311909
KCS JAKARTA Jl. Jatinegara Timur No. 59, Jakarta 021-2800811
KCS BANDUNG Jl. Asia Afrika No 113, Bandung 022-4238010
KCS SEMARANG Jl. Brigjen Sudiarto No. 198 Blok DE, Ruko Maja Mas Semarang 0216-717205
KCS SURABAYA Jl. Juwono No. 5 Surabaya 031-566921
KCS BALI Jl. Sunset Road No. 811, Kuta, Kab Badung Bali 0361-3003811
KCS KAJAOLALIDO MAKASSAR Jl. Kajaolalido No. 6, Makassar 0411-3636616
KCS BANJARMASIN Jl. Lambungmangkurat No. 68, Banjarmasin 0511-4367711
KCS CIREBON Jl. Siliwangi No. 49, Cirebon 0231-207060
KCS YOGYAKARTA Jl. Jend. Sudirman No. 48, Yogyakarta 027-4561416
KCS BALIKPAPAN Jl. Jend. Ahmad Yani No. 811, Balikpapan 0542-731176
KCPS DEPOK Jl. Margonda Raya No. 38, Depok, Jawa barat 021-7751368
KCPS TANGERANG Jl. Daan Mogot No. 33, Tangerang 021-5513626
KCS PADANG Jl. Jendral Sudirman No. 14, Kota Padang, Sumbar 0751-30811
KCS JAMBI Jl. Sutomo No 54, Jambi 0741-32141
KCS MALANG Jl. Basuki Rahmat No. 91 92, Malang 0341-368875
KCS SAMARINDA Jl. Panglima Batur No. 1-3-5 Samarinda 0541-732751
KCPS KELAPA GADING Jl. Kelapa Gading Boulevard Blok PA-19 No. 11 021-4514425
OVERSEAS BRANCH OFFICE ADDRESS
Office Name Region Address Phone
PT Bank Maybank Indonesia One Indiabulls Centre, Tower 2B, 702, 7 Floor,
th
India +91 22 67303400
Tbk Elphinstone Road (West), Mumbai 400 013, India
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 151
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Management
Discussion
and Analysis
Macroeconomic Review 154 Employee and/or Management Stock Ownership 218
Program (ESOP/MSOP)
Global Banking 158
Realisation of the Use of Proceeds from Public 218
Community Financial Services (CFS) 164 Offering
Shariah Banking 178 Significant Changes in the Bank and the Bank 218
Business Groups in 2025
Maybank Finance 185
Significant Prohibition, Restrictions, and Constraint to 218
WOM Finance 188 Transfer Funds Between the Bank and Other Entities
Profitability by Segments 192 in the Business Group
Financial Review 194 Provision of Funds, Commitments, and Other 218
Facilities
Financial Performance Analysis 195
Other Important Transactions in Significant Amounts 218
Consolidated Statement of Profit or Loss and Other 203
Comprehensive Income Material Transactions Related to Investment, 218
Expansion, Divestment, Acquisition, and
Consolidated Cash Flow Statement 206 Restructuring
Key Financial Ratios 206 Material Transactions Containing Conflicts of 219
Interest and Transactions with Affiliated/Related
Prime Lending Rate 208 Parties
Deposit Interest Rate 208 Changes in Laws and Regulations that Have a 221
Significant Impact on Banks
Commitments and Contingencies 209
Changes in Accounting Policies 225
Earning Assets Quality Report and Other Information 210
Changes in The Business Model Related to the 225
Other Material Information 212 Securities Investment Management Framework
Capital Structure 214 Compliance As Taxpayers 225
Investment Property 215 Marketing Aspects 225
Material Commitments for Capital Goods 215 Business Prospects 229
Investment
Business Continuity Information 232
Capital Goods Investment Realised In The Last Fiscal 215
Year Business Continuity Management 234
Material Information and Facts Subsequent to the 216 Guidelines and Support of Maybank Group on the 234
Accountant’s Report Date 2026 Business Sustainability Plan
Comparison of Targets and Realisation 2025 216 Results and Progress Achieved by Maybank 234
Indonesia in Implementing ESG
2026 Projections 216
Dividend Distribution Policy 217
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JALANI DENGAN KEBERANIAN Lengkapi kebutuhan & lifestyle Anda dengan Maybank Kartu Kredit
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04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S
Macroeconomic
Review
Maybank Indonesia continuously reviews
developments in the financial industry, particularly in
the banking sector, and adjusts its business model
and operations to become more adaptive, dynamic,
and competitive. In recent years, the Bank’s strategic
focus has shifted from product-oriented to market-
driven approaches in each segment.
GLOBAL ECONOMY Trump’s unilateral import tariffs, known as Liberation Day, are intended to protect industry
The global macroeconomy and address the US trade deficit due to its lack of competitiveness in multilateral trade.
continues to fluctuate The tariff policy has reduced the volume and value of global trade and exacerbated the
with high uncertainty. impact of disruptions to global supply chains caused by existing geopolitical tensions.
Global geopolitical Based on Bank Indonesia (BI) data, US economic growth is projected to decline from
tensions continue with the 2.8% in 2024 to 2.1% in 2025, improving to 2.3% in 2026, before declining to 2.1% in 2027,
unresolved war between assuming no tariff increases. Tariff policy also slows the decline in inflation, which is
Russia and Ukraine in projected to be 2.6% in 2025 and 2.9% in 2026, resulting in a reduction in the Fed Funds
Europe and geopolitical Rate (FFR) from 4.5% in 2024 to 3.75% at the end of 2025. The Fed is expected to resume
tensions in the Middle East reducing the FFR in mid-2026.
that are heating up along
with the increasing Israeli In Emerging Market Economies (EMEs), the impact of US tariff policy on the economic
attacks on Palestine. In slowdown is mainly felt in China and Latin America, while the economic performance
the economic sector, the of India and the ASEAN-5 is quite resilient. The economic performance of the ASEAN-5
trade war was launched by (Singapore, Malaysia, Thailand, Indonesia, and the Philippines) also shows resilience,
the President of the United with growth forecast to decline slightly from 4.6% in 2024 to 4.4% and 4.3% in 2025 and
States (US), Donald Trump, 2026 before bouncing back to 4.5% in 2027. Inflation in the ASEAN-5 as a whole is also
on 2 April 2025 by imposing maintained low at around 2.7% in 2025 and 2.8% in 2026-2027.
a universal import tariff of
10% on all goods entering
Global GDP Growth
the US, plus very high
reciprocal tariffs on 57 (%)
trading partner countries, Country 2025 2024
including China, Canada,
Global 3.3 3.3
Mexico, and the European
Union. Developed Countries 1.7 1.8
United States 2.1 2.8
European Zone 1.3 0.9
Japan 1.1 0.1
Developing Countries 4.3 4.3
Source: Indonesian Economic Report 2025
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Strenghtening the Core, Accelerating Forward 04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S
INDONESIAN ECONOMY Meanwhile, the rupiah
The Indonesian economy continues to record strong and exchange rate by the
resilient performance amidst high global volatility and end of December 2025
uncertainty. The economic recovery continues and is was recorded at Rp16,720
gaining strength, with improvements in economic sectors per US Dollar, or a 3.48%
continuing and strengthening the supply side, driving high weakening from the end
economic growth. Indonesia’s economic growth since of December 2024, with
2019 has consistently remained above 5%, except during an average of Rp16,523
the COVID-19 pandemic. In fact, the economic contraction per US Dollar in 2025.
due to the pandemic was among the mildest compared Nevertheless, Rupiah
to other countries. Macroeconomic and financial system volatility was relatively
stability are also well maintained. Inflation remains low, controlled due to stable
with an average of below 3% during the 2019-2024 period. capital flows and Bank
Indonesia’s stabilisation
Based on data from the Central Statistics Agency measures through a mix
(BPS), Indonesia’s economy grew by 5.11% (yoy) in 2025, of monetary policies and
remaining on a stable growth path, driven by strong measured interventions
domestic demand. Household consumption remained the in the foreign exchange
main driver of growth, supported by controlled inflation market. Overall, the
and improving purchasing power. Government spending Rupiah’s movement during
on priority programs began to increase, contributing to this period remained within
economic activity in various sectors. manageable stability
limits.
Consumer Price Index (CPI) inflation in 2025 was
recorded at 2.92% (yoy), supported by the continued Indonesian GDP
Growth in the Latest
stability of various inflation components. Core inflation
3 Years
was maintained at a low 2.38% (yoy), in line with the
(%)
consistency of interest rate policy in anchoring inflation
expectations within the target, the continued large
economic capacity, controlled imported inflation in line 5.05 5.03 5.11
with Bank Indonesia’s policy for stabilising the rupiah
exchange rate, and the positive impact of digitalisation.
2023 2024 2025
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 155
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04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S
5.11% 2.92% 4.98%
Economic Growth Inflation 2025 Household Consumption
2025 Growth
5.13% 2.92% USD 156.5 billion
Component of State Budget Deficit Foreign Exchange
Consumption Expenditure to GDP 2025 Reserves 2025
of Nonprofit Institutions
Serving Households
(PK-LNPRT)
BANKING INDUSTRY Bank credit growth was recorded at 9.63% (yoy) in
In 2025, Bank Indonesia again lowered the BI-Rate five December 2025, with investment credit showing a strong
times by 125 bps to 4.75%, and maintained the BI-Rate acceleration of 20.81% (yoy). Meanwhile, working capital
from October to December 2025. Along with the BI- and consumer credit continued to experience a slowdown,
Rate reduction and Bank Indonesia’s monetary liquidity growing by 4.52% and 6.58% (yoy), respectively. This
expansion, the money market interest rate, the Indonesia slowdown in credit/financing distribution was influenced
Overnight Index Average (INDONIA), fell by 190 bps from by banking prudence and the lack of fully recovered credit
6.03% in early 2025 to 4.13% on 31 December 2025. This demand.
effort reflects that BI has accumulated BI-Rate cuts of
around 150 bps to anticipate slowing growth and utilise Meanwhile, banking liquidity remained at an adequate
available monetary space. level, reflected in the high ratio of Liquid Assets to
Third Party Funds (AL/TPF). Loose liquidity was also
Financial system stability remains maintained, supported evident in the Loan-to-Deposit Ratio (LDR), reflecting
by strong banking capital adequacy and low non- the accumulation of funds that had not yet been fully
performing loan risk. The banking capital adequacy distributed into loans. As of December 2025, the AL/TPF
ratio in December 2025 was recorded at 25.87% and ratio and LDR in banking were recorded at 28.57% and
is considered strong in absorbing risks. Meanwhile, 85.35%, respectively, indicating that overall banking
the banking sector’s non-performing loan (NPL) ratio liquidity remained strong and well-maintained.
remained low at 2.05% (gross) and 0.79% (net) in
December 2025. Managed credit risk was also reflected in
the Loan at Risk (LAR) ratio, which continued to decline to
8.77% from 9.27%.
156 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S
MAYBANK INDONESIA’S POSITION IN THE BANKING INDUSTRY IN INDONESIAN
Maybank Indonesia offers comprehensive financial solutions to meet the needs of customers, both individuals and
corporations, through a diversified service portfolio. The Bank’s business activities are carried out through key business
pillars, covering Community Financial Services, Global Banking, and Sharia Banking, which collectively support the
provision of relevant and value-added banking services. The Bank also expands the reach of automotive financing
through its subsidiaries, namely WOM Finance for two-wheeled vehicles and Maybank Finance for four-wheeled vehicles.
In line with the acceleration of digital transformation, Maybank Indonesia continues to enhance its Digital Banking
service capabilities through M2U ID (App and Web), and various other channels to provide an increasingly seamless,
efficient, and integrated banking experience for customers.
Maybank Indonesia is part of Malayan Banking Berhad (Maybank), one of the largest financial services groups in the
ASEAN region. As of 31 December 2025, the Bank was supported by an extensive distribution network with 275 branch
offices, including Sharia branches throughout Indonesia, as well as one overseas branch in Mumbai, India. The Bank
also operates 22 Mobile Branch Offices and 661 ATMs, including 26 Cash Recycle Machines, which are connected to
ATMs through the PRIMA, ATM BERSAMA, ALTO, and CIRRUS networks and are connected to Maybank ATMs in Singapore,
Malaysia, and Brunei. With the support of these networks, as of 31 December 2025, Maybank Indonesia managed
customer deposits of Rp116.2 trillion and total assets of Rp193.7 trillion, reflecting the Bank’s solid business scale and
commitment to providing easily accessible and reliable banking services.
Maybank Indonesia continuously reviews developments in the financial industry, particularly in the banking sector,
and adjusts its business model and operations to become more adaptive, dynamic, and competitive. In recent years,
the Bank’s strategic focus has shifted from product-oriented to market-driven approaches in each segment. Through
in-depth market share analysis, the study is conducted not only in the Retail and Non-Retail segments, but also down
to the regional office and branch levels, thus supporting Regional Directors in identifying market potential and setting
realistic and measurable growth targets.
In line with efforts to achieve sustainable business growth, Maybank Indonesia consistently manages credit expansion
while prioritising prudent principles and focusing on healthy and quality growth. The Bank optimises efficient capital
utilisation by considering the Return on Risk Weighted Assets (RRWA) indicator, and also supports government priority
sectors through targeted financing distribution, including strengthening financing in the Micro, Small, and Medium
Enterprises (MSMEs) segment.
Maybank Indonesia’s position in the national banking industry is reflected in the Bank’s market share in terms of assets,
credit, and Third Party Funds (DPK), which were recorded at 1.4%, 1.4%, and 1.2%, respectively, as of December 2025. More
detailed information regarding this market share is presented as follows:
In billion Rupiah, unless otherwise stated
Description 2025 2024 2023
Asset Industry 13,646,4 12,461,0 11,765,8
Maybank Indonesia 193,7 197,2 171,8
Market Share 1.4% 1.6% 1.5%
Financing Industry 8,694,0 7,943,0 7,186,9
Maybank Indonesia 123,6 127,6 116,0
Market Share 1.4% 1.6% 1.6%
Third Party Fund Industry 10,059,0 8,837,2 8,457,9
Maybank Indonesia 116,2 119,0 115,5
Market Share 1.2% 1.3% 1.4%
Source: Indonesian Banking Statistics (SPI) and the Bank’s Audited Financial Statements
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Global
Banking
Global Banking continues to strengthen its position as a
strategic partner for corporate customers by implementing
various strategic focuses and key initiatives. These
measures are designed to deepen relationships with
customers, improve operational efficiency and capabilities,
and strengthen the Bank’s competitiveness in delivering
integrated financial solutions.
Throughout 2025, the global economy dynamics close collaboration with product partners and non-
remained affected by various challenges, including retail business units. Its solutions were thoughtfully
geopolitical uncertainty, moderation of growth in a designed to address specific customer requirements. The
number of major countries, and the focus of global Transaction Banking Group also enhanced the quality
monetary policy, which continues to be a concern for of its facilities and services for corporate and financial
market participants. On the other hand, the Indonesian institution customers while building strategic alliances
economy continues to show resilience, supported by with several mid- to top-tier companies, including State-
strong domestic demand, stable inflation, and consistent Owned Enterprises (SOEs). These partnerships supported
trade performance. financing across key sectors such as manufacturing,
mining, plantations, infrastructure, and non-retail
In response to these conditions, Global Banking customers within the Commercial & Financial Services
implemented a portfolio rebalancing strategy to improve (CFS) segment, particularly in the Business Banking and
the structure and composition of its credit portfolio. As SME Banking categories.
a result, total Global Banking loans declined by 18.4%,
decreasing to Rp36.5 trillion from Rp44.7 trillion in the Among the key accomplishments of the Transaction
previous year. Banking Group in 2025 were receiving the Best Trade
Finance Deal in Indonesia 2025 award from Euromoney
TRANSACTION BANKING GROUP and the Best Islamic Finance Deal recognition at the
By 2025, Maybank Indonesia, through its Transaction Finance Asia’s Achievement Awards 2025. During the
Banking Group, offers a comprehensive range of facilities same year, several strategic initiatives were launched,
and services. These include Trade Finance solutions including ESG-based Trade Finance solutions, Cash
covering import, export, and domestic transactions, as Management and Liquidity solutions based on Regional
well as guarantee services structured under both cash Notional Pooling for customers in the plantation sectors,
loan and non-cash loan schemes. These services also and serving as the Custodian Bank for the first EBA KIK in
include Supply Chain Financing, Cash Management, Indonesia.
and various digital solutions such as Internet Banking
(CoOLPAY, Maybank2 Enterprise/M2E, and M2E Trade), To further enhance customer engagement and reinforce
host-to-host connections, and Application Programming its position as a trusted business partner, Transaction
Interface (API) for non-retail customers. In addition, Banking conducted various events across multiple regions
Transaction Banking provides e-Custody services, to share insights on Transaction Banking solutions and
Securities Services, and various other transaction business trends. In celebration of National Customer Day
solutions. 2025, Maybank Indonesia also honored selected new
customers who made significant contributions, as an
Throughout 2025, the Transaction Banking Group expression of appreciation.
successfully carried out its transformation by
strengthening customer product ownership through
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TRADE FINANCE CASH MANAGEMENT
Maybank Indonesia continues to provide its Trade Finance Maybank Indonesia delivers comprehensive end-to-end
transaction solutions by strengthening service quality. In Cash Management solutions designed to help corporate
2025, the Bank successfully introduced the web-based clients manage cash flow more effectively and efficiently,
M2E Trade platform as an alternative digital channel for ultimately strengthening their business competitiveness.
trade services for customers, allowing trade transactions, Beginning in 2025, the administration of current accounts
such as guarantees, imports, exports, and trade loans, and related products had been fully integrated into the
more quickly, efficiently, and at earlier stages. Bank’s Cash Management services.
To broaden its Trade Finance portfolio, Maybank Indonesia In line with initiatives introduced by Bank Indonesia,
also provides Risk Participation products, both funded Maybank Indonesia has been designated as one of the
and unfunded, designed to boost fee-based trade Appointed Cross Currency Dealers (ACCD) for the Korean
income. In addition, several supporting initiatives were Won (KRW) in 2025.
launched by the Bank, including incentive programs
for new Trade Finance customers and appreciation The Bank also introduced various programs to encourage
programs for customers adopting digital solutions, aimed increased digitalisation, transaction volumes, and third-
at accelerating digitalisation and improving transaction party funds. These include a free transaction program
efficiency. through the Maybank2E (M2E) electronic channel, special
reward initiatives for selected customers demonstrating
These initiatives are intended to drive revenue growth growth in Current Account (CA) balances, and ongoing
and increase trade transaction volumes. Furthermore, support for the implementation of Local Currency
Maybank Indonesia offers Maybank E-Guarantee as an Settlement (LCS) arrangements between Indonesia
enhancement to its guarantee services for banking and and Thailand, Indonesia and China, and Indonesia and
corporate clients. Maybank Indonesia is also among the Malaysia.
financial institutions authorised to issue guarantees for
PLN. Working closely with related business units, Maybank
Cash Management further supports the management of
Natural Resource Export Proceeds (DHE SDA) through the
DHE SDA Bridging Fund program, which offers customers
LAYANAN flexibility in utilising funds retained for three months
to meet operational requirements. To strengthen the
TRANSAKSI TRADE penetration of Cash Management, Transaction Banking
has also optimised current account management and
SEMAKIN MUDAH introduced bundling programs aimed at increasing
Current Account (CA) balances.
M2E Trade, layanan perbankan berbasis
internet/website untuk Nasabah Korporasi,
yang memberikan kemudahan transaksi
keuangan perdagangan (trade) secara
online.
www.maybank.co.id/M2ETrade
Syarat & ketentuan berlaku.
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Through these comprehensive services and initiatives, In response to increasing investor interest in precious
Maybank Indonesia’s Cash Management contributes metal-based products, Maybank Indonesia Custodian
positively to the growth in Current Account balances, Net Bank has collaborated with Investment Managers in
Interest Income (NII), and Fee-Based Income (FBI). facilitating the Offshore Gold Exchange Traded Fund
(ETF). This assurance reflects the Bank’s readiness and
FINANCIAL SUPPLY CHAIN MANAGEMENT capability in supporting international market investments.
Financial Supply Chain Management (FSCM) is a leading
financing service that focuses on the overall business Collaboration with the Global Market Unit in managing
ecosystem, covering suppliers, manufacturers or Government Securities (SBN) products also continued
principals, and distributors. consistently. In 2025, Maybank Custodian Bank was once
again appointed by several Retail Bond Selling Agents as
In this service, Maybank Indonesia collaborates with their custodian bank.
principals to provide Supplier Financing and Distributor
Financing programs. We extend our sincere appreciation to all customers,
business partners, investment managers, selling agents,
All FSCM financing facilities are supported by CoOLPay and regulators for their ongoing trust and support. This
(Corporate Online Payment), a web-based payment confidence serves as a strong foundation for Maybank
platform equipped with comprehensive security features, Indonesia to continuously grow, innovate, and provide
enabling transactions that are real-time, secure, and sustainable value-added services to Indonesia’s capital
reliable. We continue to strengthen our capabilities and market industry.
innovate in response to the increasingly dynamic and
competitive banking industry. GLOBAL MARKETS
Global Markets offers a wide range of banking products
SECURITIES SERVICES to both individual and corporate clients, such as foreign
In 2025, Maybank Indonesia Custodian Bank continues exchange, bonds, hedging, structured products, and other
to strengthen its commitment to enhancing system services.
and infrastructure capabilities to deliver services that
are superior, efficient, and reliable. Enhancements to In 2025, Maybank Indonesia made several improvements
the Fund Administration system, including upgrades to the Global Markets (GM) transaction-related system
to its application, framework, and database versions, and received several appointments from regulators for
were successfully finalised in mid-2025. With this monetary money market activities, the development
implementation, Maybank Indonesia is now among the of securities and foreign exchange markets, and the
custodian banks utilising the latest version of the Fund settlement of cross-border transactions using local
Administration application for calculating the Net Asset currencies.
Value (NAV) of Multishare Class products.
The development was carried out on the M2E system,
Furthermore, development initiatives are focused on enabling corporate customers to conduct foreign
upgrading the Fund Services Unit Registry system to exchange transactions with non-same-day settlement,
ensure alignment with evolving market demands, capable accompanied by the capability to upload underlying
processing of large-scale retail transactions efficiently, documents and the application of increasingly
and maintenance of a high level of security and reliability. competitive exchange rates. This improvement is
These initiatives also aim to mitigate operational risks and expected to enhance customer convenience in
further strengthen cybersecurity. conducting foreign exchange transactions without
having to visit a branch office and provide an extended
Maybank Indonesia Custodian Bank has also maintained settlement time option.
close collaboration with the Sharia Business Unit in
developing sharia capital market products. A key In addition, Maybank Indonesia has finalised the
milestone in 2025 was the appointment of Maybank development of the M2U system, which enables
Indonesia as the Custodian Bank for the issuance of customers to purchase US dollar-denominated
Indonesia’s first Sharia Asset-Backed Securities Collective Indonesian government bonds in the primary market.
Investment Contract (KIK EBA), marking a meaningful In terms of services, Bank Indonesia appointed Maybank
contribution to the development of the national sharia Indonesia as one of the Appointed Cross Currency Dealers
financial ecosystem.
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(ACCD) for Local Currency Transactions (LCT) between Specifically, GM remains committed to continuously
the Rupiah and AED, as well as between the Rupiah and enhancing service quality to customers, ensuring
JPY. This mandate complements Maybank Indonesia’s seamless access to its full range of products, and
previous appointments covering the Ringgit, Yuan, Baht, delivering innovative solutions that respond to the
and Won currencies. increasingly diverse needs of customers.
Furthermore, Maybank Indonesia is one of the few banks
participating in the initial phase of the Tri-Party Agent
Repo service, which is intended to encourage the repo
market and enhance liquidity management flexibility for
financial institutions.
From a product perspective, Maybank Indonesia
successfully introduced a Collar Option structured
product designed to address corporate clients’ needs
related to hedging their foreign exchange exposure.
In 2026, Maybank Indonesia, through its GM division,
remains dedicated to delivering custom-solution products
to address customer needs, including the development of
several structured products as key differentiators. 2025 STRATEGY AND INITIATIVES
Global Banking continues to strengthen its position
The digitalisation and transaction platform enhancement as a strategic partner for corporate customers by
will also continue in line with the established development implementing various strategic focuses and key initiatives.
roadmap. These efforts are aimed at expanding its These measures are designed to deepen relationships
customer reach, offering more competitive pricing, with customers, improve operational efficiency and
and improving the efficiency of transaction settlement capabilities, and strengthen the Bank’s competitiveness
processes carried out by customers. in delivering integrated financial solutions. In 2025, Global
Banking implements the following strategic focus and
GM will further strengthen collaboration with other initiatives:
product units by offering bundled products to provide 1. Intensifying customer service through a regionalisation
more benefits for customers, particularly in terms of approach supported by collaborative tools.
pricing and transaction cost, and intensify its branding 2. Strengthening operational excellence and
efforts to position itself as a leading player in its field, accelerating the digitalisation of Transaction Banking
while leveraging the full support of its parent company, services.
Malayan Banking Berhad, in terms of funding and liquidity 3. Enhancing the value proposition for Global Markets
for the Bank. customers by developing innovative and collaborative
products.
In addition, GM actively maintains several roles in the
development of the foreign exchange and securities
market in Indonesia. As a Primary Dealer for government
bonds, GM enables customers to access more
competitive pricing. In its capacity as a Primary Dealer for
Bank Indonesia Rupiah Securities (SRBI) and Repurchase
Agreement (Repo) transactions, GM facilitates the sale
of SRBI and Repo instruments to the market, enhances
market liquidity, broadens the investor base, supports
liquidity management by Bank Indonesia, and improves
money market operational efficiency. As a member of the
Central Counterparty (CCP), GM also contributes to more
efficient money market and foreign exchange market
transactions, strengthens financial system stability, and
facilitates hedging activities.
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2025 PERFORMANCE AND ACHIEVEMENTS
Loan
In 2025, Global Banking recorded a total loan of Rp36.5 trillion, compared to Rp44.7 trillion in the previous year. The
decline reflects a strategic rebalancing of the loan portfolio composition aimed at enhancing sustainable profitability.
The main sectors contributing to Global Banking’s loan portfolio were Financial Activities and Insurance at Rp10.9 trillion,
followed by Mining and Quarrying at Rp6.7 trillion, and Utilities and Infrastructure at Rp6.1 trillion. The composition of
global banking loans in 2025 by portfolio was supported by the Local Large Corporates portfolio at 36.9%, followed by the
State-Owned Enterprises (SOE) segment at 31.7%, while the Financial Institutions Group accounted for 29.7%.
Loans by Industry Agriculture, Forestry, and Fishing
Education, Health, & Other Services
3% 0% 0% 0%
2% Mining and Quarrying
1%
10% 6% Transportation & Storage
17% 20%
Manufacturing
3% Wholesale and Retail Trade
5%
1% 2025 30% 3% 2024 32%
Utilities & Infrastructure
2% 5%
Construction
18% Real Estate Activities
17%
13% 12% Automotive
Financial & Insurance Activities
Telecommunication, Media and Technology
Loans by Segment
2% 1%
30% Overseas
35% 34%
37%
2025 2024 Local Large Corporate
State Owned Enterprises
Financial Institution
31%
30%
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Deposits
In 2025, Global Banking recorded total customer deposits of Rp30.1 trillion, reflecting a 0.9% increase from Rp29.8 trillion in
the previous year. Meanwhile, low-cost funds (CASA) reached a share of 39.68%.
Third Party Funds
40%
41% Current Account Saving Account
2025 2024 (CASA)
Time Deposits
60% 59%
2026 GLOBAL BANKING DEVELOPMENT PLAN AND STRATEGY
Global Banking remains firmly committed to strengthening its contribution to the Bank's business growth and addressing
the needs of both individual and corporate customers in a dynamic market environment. Anchored in a sustainable
strategy, strengthened digital capabilities, and service quality improvement, Global Banking has established the
following strategic focuses and key initiatives for 2026:
1. Prioritising selected sectors such as mining (non-coal), plantation & energy, consumer goods, retail, transportation,
accommodation, selected properties, and information and communication technology.
2. Intensifying inbound activities by expediting the completion of existing pipelines and expanding pipelines outside
Malaysia (Singapore and China) and the multinational company (MNC) segment.
3. Coordinating with branches to capture business opportunities outside Jakarta.
4. Taking a leading role in syndicated financing to enhance returns, while optimising the role of the Syndication Unit.
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Community
Financial Services (CFS)
In 2025, the CFS segment succeeded in growing
CASA by 8.3% to Rp54.9 trillion.
Community Financial Services (CFS) is one of the main
pillars of Maybank Indonesia's business, available across CFS NON-RETAIL
the Bank's branch network. Through this segment,
Maybank Indonesia offers a comprehensive range of FOCUS AND INITIATIVES IN 2025
financial service solutions for Retail, Small and Medium Maybank Indonesia’s CFS Non-Retail covers the Business
Enterprises (SME), and Business Banking customers, to Banking, Small and Medium Enterprise Plus (SME+), and
meet their overall transaction and financing needs. Retail Small and Medium Enterprises (RSME) segments.
These segments play an important role in supporting
The CFS segment is supported by a product development the growth of the Bank’s financing portfolio by providing
and innovation team, a digital banking network, portfolio relevant financial solutions for businesses across different
management, and various other support functions at the scales.
Head Office. Throughout 2025, CFS continues delivering
leading banking products and services to the public, CFS Non-Retail implements various programs, strategies,
including individuals, small and medium-sized businesses, projects, and initiatives designed to strengthen business
and expanding communities in Indonesia. capabilities, expand service coverage, and seize
sustainable growth opportunities. The main focuses and
Through its CFS segment, Maybank Indonesia continues to initiatives implemented throughout 2025 include the
strengthen its role as a banking intermediary while seizing following:
opportunities for sustainable business growth, in line with 1. Continuing the growth of the MSME financing portfolio
the Bank's commitment to improving service quality to by leveraging community-based financing schemes,
remain competitive and expand its market share. CFS supply chains, and business ecosystems
credit growth is also one of the main priorities, with a focus 2. Developing systems and technologies to support
on high-potential (super growth) segments, including the growth of digital financing through eBiz Pintar,
non-retail MSMEs and automotive financing through the while also improving service quality and reducing the
Bank's subsidiaries, WOM Finance and Maybank Finance. turnaround time of customer service
3. Strengthening customer relationships by offering
tailored products and services aligned with customer
needs, supported by data analytics and synergy
across the Bank’s business units to provide added
value to customers and optimise Bank revenue
4. Maintaining consistent oversight of early alert and
watch list portfolios as a preventive measure to
mitigate the risk of the portfolio from becoming non-
performing loans.
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SME BANKING This achievement reflects Maybank Indonesia’s SME
In 2025, CFS Non-Retail through SME Banking focused Banking commitment to delivering tailored financial
its strategy on accelerating digital-based productive solutions that are specifically designed to support the
financing, strengthening the SME ecosystem, and sustainable growth of its SME customers’ businesses.
increasing financial inclusion. Supported by the eBiz
platform, digital onboarding, and empowerment During 2025, Maybank Indonesia’s SME Banking continued
programs such as HERPower, Maybank Indonesia is to demonstrate solid performance by consistently
strengthening its position as a key partner for SMEs by introducing innovation and improving service quality
delivering faster, more integrated services that align with to SME customers. This commitment has gained
customer needs. international recognition through several prestigious
awards, including Best SME Bank Indonesia at the Global
Maybank Indonesia’s SME Banking services continue to SME Banking Innovation Awards 2025, Best Bank for SME
evolve in response to the characteristics and business at the Euromoney Awards for Excellence 2025, and SME
models of SMEs in Indonesia. SME Banking offers: Digital Innovation of the Year at the Asian Banking &
1. Bundling package (super combo program) that Finance Retail Banking Awards 2025. These recognitions
covers a comprehensive SME banking needs, further strengthen Maybank Indonesia’s position as a
including Mortgage financing, Auto Loans, Payroll, competitive and digitally oriented SME Banking service
Bancassurance, Credit Cards, and others. provider.
2. Sharia Leasing Financing (IMBT), which offers
additional financial benefits for SMEs by reducing their
tax burden.
3. Commercial Property Financing of up to 100%, SME
Banking offers commercial property financing of up to
100% with a fixed interest rate, providing stability and
cost certainty for SMEs.
4. A streamlined application process with an SLA of 5
working days and auto-approval features, enabling
SMEs to obtain financing quickly and efficiently.
5. SME Banking’s application process does not require
audited financial statements, simplifying the process
for SMEs that may lack resources for an audit.
6. SME Banking also offers the My Referral program, which
waives credit extension fees, helping SMEs reduce
operational expenses.
7. The Herpower program, which focuses on empowering In addition to these accomplishments, SME Banking
women and facilitating access to financing with remains committed to maintaining efficient and
competitive benefits. customer-responsive financing processes. The Bank offers
a simplified financing application process with a relatively
Throughout 2025, to strengthen its position in the SME short approval timeline, enabling businesses to obtain
segment, SME Banking implemented a comprehensive timely access to funding.
go-to-market strategy. This included Digital Product and
Channel Development; Branch Communication Material To support this effectiveness, SME Banking utilises
Updates; Ecosystem, Community and Agents; Focus on advanced technology through the implementation of
Sharia-based Financing; Branch Network and Digital a Loan Origination System (LOS) integrated with an
Access Expansion; and Efficient Financing Processes. application and behavior scorecard. This system allows
the credit process to operate in a more automated,
Maybank Indonesia continues to expand its credit portfolio efficient, and measurable manner, while reducing
in priority segments, particularly Small and Medium manual intervention without compromising the principle
Enterprises (SMEs). As of December 2025, SME loans of prudence. Through this approach, the Bank continues
increased by 1.0% year-on-year, or the equivalent of Rp216 to strengthen service quality and risk management in a
billion. balanced manner, supporting the sustainable growth of
SMEs.
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Detailed information regarding the performance of CFS Non-Retail in 2025 and prior years is presented in the following
table:
Description (in Rp trillion) 2025 2024 2023
Business Banking Loans 16.5 14.8 11.8
SME+ Loans 6.7 6.3 5.1
RSME Loans 15.6 15.8 13.9
PLANS AND STRATEGIES FOR 2026
In alignment with the Bank’s 2026 strategic priorities, CFS Non-Retail will direct its development strategy toward
deepening customer relationships, enhancing operating model efficiency, and advancing the Government’s sustainable
finance initiatives. This strategy will be realised through accelerated growth in community-based MSME financing
portfolios, integrated supply chains, and broader business ecosystems, supported by continued investment in systems
and technology to elevate service quality and reduce customer turnaround time.
In addition, CFS Non-Retail will deepen client relationships by delivering tailored products and services aligned with
customer needs, supported by advanced data analytics and cross-business-unit collaboration to enhance value
creation and optimise revenue. Maybank Indonesia will also reinforce risk management through proactive portfolio
monitoring, including early-alert and watch-list mechanisms, as preventive measures to safeguard asset quality and
limit the migration of exposures into non-performing loans.
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integrated investment and Bancassurance solutions,
CFS RETAIL the Wealth Management business line recorded positive
performance in 2025. Increased customer activity and
FOCUS AND INITIATIVES IN 2025 more active portfolio management drove non-interest
CFS Retail continues to be directed at strengthening income growth of 18%, which ultimately contributed
sustainable business growth through the development of significantly to the increase in the Bank's profit before
banking solutions relevant to individual customer needs. tax. This achievement reflects the Bank's ability to
Maybank Indonesia optimises its digital capabilities capitalise on opportunities in high-value-added wealth
by enriching features on the M2U platform, improving management services, while improving the diversification
the quality of transaction services, and enhancing its of revenue sources in a sustainable manner.
retail product ecosystem to support customer financial
activities more efficiently and securely. These efforts PRIVILEGE
also support increased customer engagement through Privilege is one of Maybank Indonesia’s customer
increasingly integrated service experiences across all segments, focusing on individual customers with a
channels. minimum placement fund of Rp50 million to less than
Rp500 million. The Bank understands that the needs of
MASS BANKING individual customers with such wallet sizes require more
The Mass Banking segment is one of the main pillars comprehensive financial services than those with wallet
of Maybank Indonesia's CFS Retail services, aimed at sizes below Rp50 million. As such, it is deemed necessary
individual customers to meet their daily transaction and to provide them with personalised services through face-
financial management needs. Through various savings to-face touch points. The Bank allocates a dedicated
products, digital transaction services, and financing salesperson (“Personal Financial Advisor” or PFA) to attend
solutions, the Bank provides a practical and relevant to the banking needs of these customers.
banking experience to meet customers' evolving needs.
Through PFA, the Bank offers comprehensive financial
In addition to providing comprehensive transaction solutions for customers, including funding, lending and
services, this segment serves as a starting point for wealth management services. The Bank continuously
customers to access Maybank Indonesia's broader range increases the number and supervision of PFA to reach
of financial solutions. Customers can expand their service Privilege segment customers, to increase wallet size, and
portfolio as their financial needs increase through Wealth also to cross-sell the Bank's financial solutions. This step
Management, Credit Card, Mortgage, and Personal emphasises the Bank's customer-centric approach in
Loan. This service integration reflects the Bank's efforts order to provide optimal services.
to provide an interconnected banking ecosystem and
support customers' financial journeys sustainably. The services offered include a series of funding, lending
and wealth management programs, including Maybank
WEALTH MANAGEMENT GIFT, Arisan Program, White Card Credit Card Program,
In the Wealth Management segment, Maybank KPR Program, KPM Program, bancassurance and
Indonesia offers a range of banking services designed investment programs that have all been specifically
to comprehensively meet customers' financial needs. designed to provide high returns in the short and long
These services are divided into several main categories, term.
including Privilege Banking, Priority Customer Services
– Premier, Bancassurance, and investment solutions
through mutual funds and Retail Government Securities
(SBN). Each category continues to be developed to
provide added value through personalised consulting
services, access to diverse investment products, and
wealth management support aligned with customers' risk
profiles and financial goals.
With a strengthened focus on developing the Premier
and Privilege customer segments, and enhancing
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PRIORITY CUSTOMER SERVICE – PREMIER
Premier is the Bank's priority customer service as it
transforms to become fully integrated with the Maybank
Group. The Priority Customer Service business has
continued to grow positively and significantly over the
previous year.
Priority Customer Service emphasises customer centricity
by offering a variety of Wealth Management products.
The Bank has worked closely with PT Allianz Life Indonesia,
which provides protection products, as well as all Fund
Managers, in achieving non-interest income targets. BANCASSURANCE
In line with the Bank's commitment as a comprehensive
This priority banking service, which has exclusive financial service provider, or 'One Stop Financial
branches, provides special facilities and quality Solution', Maybank Indonesia continues to strengthen its
investment product offerings designed as alternative partnerships with PT Asuransi Allianz Life Indonesia (Allianz
financial solutions to serve and meet the needs of premier Life) and PT Asuransi Etiqa Internasional Indonesia (Etiqa)
customers. Wealth Management services offer end-to- in delivering insurance solutions to the Bank’s customers.
end benefits that are personally delivered by competent, Allianz Life Indonesia provides life and health insurance
professional, and licensed Relationship Managers (RM) to products, while Etiqa Insurance offers general insurance
assist customers in managing their finances. solutions. Through these collaborations, Maybank
Indonesia continues to enrich its range of attractive
Maybank Premier has improved Premier benefits to products to better support customers’ protection and
include a variety of exclusive services such as airport financial planning needs, while also promoting greater
handling, airport pickup, medical check-up facilities, and insurance inclusion.
Safe Deposit Box services. These benefits are specifically
designed to meet the lifestyle needs of Maybank Premier These offerings comprise a range of protection solutions,
customer, providing a more convenient and valuable including investment-linked life insurance products, term
experience for our customers. life insurance, and health insurance, as well as non-life
protection such as travel insurance.
The Bank has established a Premier strategy by improving
the effectiveness and efficiency of its segmentation Maybank Indonesia is committed to continuing to be
strategies, particularly for Priority Customer Service, the the customers’ primary provider of insurance protection
Bank’s customer-centric step to provide the best possible solutions in Indonesia. In the Bank's strategic plan,
service to customers. The Bank also offers a variety of Bancassurance will continue to be one of the leading
products to meet the needs of each Bank segment. products to increase non-interest income.
2025 Initiatives
In 2025, the Wealth Management segment, through
its Premier service, continued to strengthen its value
proposition for world-class customers through the launch
of the Maybank World Premier Debit Card. The presence
of this debit card offers various privileges designed to
support customer mobility, including the convenience of
cross-border transactions, access to exclusive services,
and convenience in transacting for various financial
and lifestyle needs. This initiative reflects the Bank's
commitment to enhancing the quality of premium
services while expanding the wealth solution ecosystem
that is relevant to the needs of international-profile
customers.
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2025 Initiatives is conveyed to customers along with other information
In 2025, Maybank Indonesia's Bancassurance segment provided, such as market outlook, NAV performance, etc.
continued to expand its range of protection and The Bank has also provided and enhanced online services
investment solutions through a number of strategic for customers who wish to subscribe, switch, and redeem
initiatives to support the growth of its Wealth mutual funds, as well as provide balance information at
Management business. The Bank launched three new the same time through digital services, namely the M2U ID
products, namely MyProtection Future and MyProtection App.
Growth, developed in collaboration with PT Asuransi Allianz
Life Indonesia, and also Travel Protection 360, designed
in collaboration with PT Asuransi Etiqa Internasional
Indonesia. These products provide more comprehensive
protection options for customers, aligned with long-term
financial planning needs amidst increasingly complex
market dynamics.
In addition, the Bank also enriched its investment portfolio
through the launch of the USD Short Duration Fund fixed
income sub-fund, which is part of the MyProtection
Growth and MyProtection Infinite life insurance products,
providing customers with investment alternatives
with a more diverse risk profile. Furthermore, service 2025 Initiatives
transformation continues to be strengthened through the In 2025, the Mutual Fund segment under Maybank
launch of Digital Bancassurance, which enables easier Indonesia's Wealth Management continued to be
marketing of traditional life insurance products through strengthened through product development and
the M2U application. This initiative reflects the Bank's improvements to customer service processes. The Bank
commitment to providing a more integrated and relevant launched eight open-ended mutual fund products,
service experience that is in line with evolving customer consisting of four equity funds, two fixed-income funds,
behavior in the digital era. and two money market funds, to offer wider range of
investment options tailored to customers' risk profiles
and financial goals. This initiative is part of the Bank's
efforts to expand access to investment instruments while
increasing commission-based income contributions.
In addition to product development, the Bank also
introduced innovations that provide added value for
customers by leveraging mutual funds as collateral
in credit facilities, thus enabling more flexible liquidity
management without having to liquidate investments.
Improved service quality is also realised through the
implementation of mutual fund purchase confirmation
mechanism through telephone verification, designed
MUTUAL FUND INVESTMENT PRODUCTS to strengthen transaction security while maintaining
As a Mutual Fund selling agent, Maybank Indonesia offers compliance with governance standards and customer
Mutual Fund products managed by reputable Investment protection.
Managers. Aligning with global and domestic economies
and capital markets development, the Bank actively offers BONDS
various types of Mutual Fund products suited to different The bonds segment is a key pillar in enriching Maybank
customers’ risk profiles. The Bank also provides access Indonesia's diverse investment solutions for Wealth
for customers to invest in overseas capital markets, such Management customers, particularly amidst market
as in America, Europe, and Asia, through several Sharia- dynamics that demand fixed-income instruments with a
based mutual funds, with various investment themes. more stable risk profile. Through the utilisation of a strong
distribution network and sustainable advisory capabilities,
Maybank Indonesia consistently implements proper risk the Bank provides investment access to various Retail
management to pick which mutual fund products to be Government Securities (SBN) as part of its strategy to
distributed. Transparency of information, such as mutual strengthen customer portfolios.
funds’ historical performance and market developments,
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Through tactical placement of fixed income instruments
2025 Initiatives and traditional insurance products, the Bank successfully
Throughout 2025, Maybank Indonesia continued to recorded a 18% increase in non-interest income from
enhance its investment service capabilities in bond wealth management products by the end of 2025.
instruments by enriching the selection of Retail This achievement was also supported by increased
Government Securities (SBN) products for Wealth productivity of its marketing staff and the successful
Management customers. The Bank played an active acquisition of new customers, which are the pillars of
role in the issuance of seven series of Retail SBN in the wealth management business growth.
primary market, both conventional and sharia, to provide
competitive investment alternatives and support public The synergy between operational efficiency and
participation in financing national development. This optimization of interest-based and non-interest income
initiative also expanded customer access to stable fixed- contributed significantly to the achievement of better
income instruments amidst the dynamics of the financial profit before tax compared to the previous year.
market.
WEALTH MANAGEMENT PERFORMANCE
Additionally, the Bank added six series of government ACHIEVEMENTS
securities denominated in Rupiah and US Dollars, thereby Wealth Management Performance Achievements
enriching the diversification of customer investment The Wealth Management segment's performance in
portfolios with a wider selection of currencies. By 2025 demonstrated strong growth momentum, reflected
strengthening its bond business line, Maybank Indonesia in the increase in non-interest income derived from
upholds its commitment to providing investment Bancassurance and Investment products. Revenue in
solutions relevant to medium- and long-term financial this segment grew by 18% annually. This achievement
planning needs, while also improving the contribution demonstrates the increasing contribution of advisory-
of commission-based income through increasingly based services and investment solutions to the Bank's
comprehensive advisory services. revenue structure, while improving the diversification of
revenue sources amidst market dynamics.
Throughout 2025, the Wealth Management segment
focused on increasing priority customer activity,
optimizing more relevant financial solutions, and
synergising services that are increasingly integrated
within the One Maybank ecosystem. This growth
demonstrates the improvement of customer confidence
in the Bank's capabilities in providing comprehensive
wealth management services.
In terms of fund management, Assets Under Management
(AUM) for Wealth Management products increased
Plans and Strategies for 2025 by 12% annually. The AUM growth reflects the Bank's
In 2025, Maybank Indonesia’s Wealth Management & success in expanding investment product penetration
Segmentation unit enhanced its role by expanding its while maintaining the quality of customer portfolios.
service reach and improving the quality of financial Furthermore, the increase in AUM also strengthened the
solutions for Premier and Privilege customers. This Bank's position in providing investment solutions aligned
initiative is aimed at optimising growth opportunities with customers' risk profiles and financial needs. Customer
in the increasingly affluent and High-Net-Worth (HNW) base expansion was one of the main drivers of business
segments, in line with domestic market dynamics and growth throughout the year. Overall New to Bank (NTB)
global trends that indicate a growing need for more customer acquisition increased by 14% annually. This
comprehensive and integrated wealth management achievement was supported by significant contributions
services. from the Premier and Mass Banking segments, which
continued to expand their service reach by optimising
distribution channels and improving the quality of
customer engagement.
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In particular, the Premier segment recorded very strong Bank provides one-stop solution programs with attractive
NTB acquisition growth of 33% annually. This growth processes and pricing to customers.
demonstrates the attractiveness of Maybank Indonesia's
Wealth Management services in the affluent segment, 2025 Initiatives
while also strengthening the foundation for long-term Throughout 2025, Maybank Indonesia continues to
growth by expanding its quality customer base. With this uphold its commitment to providing competitive housing
positive performance trend, the Bank is optimistic that financing solutions through its Mortgage (KPR) products.
the Wealth Management segment will continue to be a Amidst the dynamics of the property market and the
strategic pillar in driving sustainable growth in the future. growing public need for housing, the Bank focuses on
providing responsive, flexible mortgage services that suit
AWARDS customer profiles and preferences. Through targeted
In 2025, the performance and capabilities of Maybank marketing strategies, strengthening partnerships with
Indonesia's Wealth Management services also received developers, and optimising digital-based service
recognition from various prestigious international processes, Maybank Indonesia strives to drive sustainable
institutions. The Bank received several awards in this growth in its KPR portfolio while maintaining asset quality
segment as follows: and customer experience.
1. Indonesia's Best for High-Net-Worth at the Euromoney
Private Banking Awards, presented by Euromoney By the end of 2025, the Bank had collaborated with many
2. Indonesia's Best for Digital Solutions at the Euromoney major developers in Indonesia, namely 47 developer
Private Banking Awards, presented by Euromoney groups with 289 projects. Maybank Indonesia's Mortgage
3. Wealth Management Platform of the Year - Indonesia business is expected to continue to grow in the future
award presented by Asian Banking & Finance. due to the recalibration of the business model so that
it is increasingly focused on targeted segments. As of
MORTGAGE (KPR) November 2025, Maybank KPR disbursed new loans for the
Mortgage (KPR) is a loan facility for customers in the amount of Rp3.21 trillion with the addition of 2,566 property
form of installments to purchase properties, including units. Throughout the year, the quality of the loan portfolio
houses, apartments, shophouses (ruko), office properties remained well maintained and showed improvements
(rukan), and land/plots, from developers (new properties), compared to the previous year.
individuals, and property agents. Maybank KPR offers
several types of facilities to suit customer interests and To foster good relations with partner Developers &
needs, including Interest-Free Mortgage, Multipurpose Property Agents, during 2025, Maybank KPR together
Property Loans, and many more, with partner Developers created special programs for
prospective Maybank KPR customers, and held joint
Maybank Indonesia KPR offers products that are tailored activities in the form of Joint Events, Customer Gatherings,
to customer needs, in line with the customer-centric Sponsorship Events, Property Expos, Launching & Special
strategy, so that customers get the type of credit that suits Program Developer/Property Agent totaling 124 events.
their abilities and needs. Maybank KPR consistently follows These joint programs and activities are aimed at raising
market developments, supports Government policies to brand awareness of mortgages at Maybank Indonesia
increase economic growth as well as policies set by BI. The with the hope of increasing mortgage disbursements.
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Plans and Strategies for 2026 2025 Initiatives
Looking forward, in 2026 Maybank Indonesia will continue In 2025, initiatives implemented by the Auto Loan Work
to improve its mortgage segment development strategy Unit include improved monitoring of the condition of the
by increasing market penetration in both the primary and joint financing portfolio of motor vehicles with finance
secondary sectors. The Bank will offer financing programs companies (finco) through the audit channeling team. In
aligned with community needs and continue to simplify addition, the Bank also updated the Product Development
the mortgage approval process to provide a faster and Assessment (PDA) Joint Financing Auto Loan for a
more optimal service experience. healthier joint finance portfolio development plan and in
line with Maybank Group policies and strategic directions.
In addition, the Bank is also focused on increasing existing
customer loyalty by providing top-up facilities that can In addition to these initiatives, the Auto Loan Work Unit
be utilised for various consumptive needs. Maybank also carried out various projects during 2025, such as
Indonesia will expand its marketing network through enhancement of the SSBB system application (a system
special programs for payroll company employees, as that covers Maybank Joint Financing transactions
well as strengthen cooperation and relationships with with Maybank Finance), SSWB (a system that covers
existing developers and property agents by holding joint Maybank's Joint Financing transactions with WOM
events and special programs to increase the potential for Finance) and CAMS (a system that covers Maybank Joint
mortgage referrals on an ongoing basis. Financing transactions with Finance Companies outside
subsidiaries). The enhancements carried out are as
CAR/MOTORCYCLE OWNERSHIP LOANS (KPM) follows:
In order to provide customers’ needs for motor vehicle 1. Data improvement on the core system to improve the
ownership, Maybank Indonesia continues to distribute quality of reporting data
Car/Motorcycle Ownership Loans (KPM), for both 2. Further development of features on the Auto Loan
four-wheeled and two-wheeled vehicles, through its application (SSBB, SSWB and CAMS) including updates
subsidiaries, Maybank Finance and WOM Finance. In to customer data, especially the addition of validation
addition to these two subsidiaries, Maybank Indonesia and mapping in accordance with reporting references
has formed an Auto Loan Work Unit, which is tasked to regulators.
with monitoring the performance of subsidiaries and
establishing joint financing with financing companies, Plans and Strategies for 2026
both with subsidiaries and other financing companies Auto Loan Work Unit’s plans and strategies for 2026,
(Finco), to ensure that performance development is particularly for the finco segment, are aimed at further
sustainable and synergised well, and the loan portfolio is strengthening Maybank Indonesia’s position in the
maintained soundly. motor vehicle financing market. The Bank will continue
to optimise joint financing partnerships with financing
As of December 2025, the number of vehicles financed companies that have strong performance and align with
by the Bank through joint financing with Finco (including the Bank’s risk appetite, including exploring collaboration
subsidiaries) reached 34,348 units, increasing by 15.96% opportunities with sharia-compliant financing companies.
from 29,621 units in 2024. In line with this, the Bank is also committed to maintaining
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interest rates with adequate margins, as well as Group dining promo program is a special initiative for
conducting disciplined and continuous monitoring of Maybank Credit Card holders (except Maybank Corporate
the account quality of each financing partner, to ensure Card) that provides benefits in the form of discounts
the portfolio remains healthy, prudent and supports at various selected restaurants, such as Pepper Lunch,
sustainable business growth. Shaburi & Kintan, Ocean8, Paradise Dynasty, Kimukatsu,
Bakerzin, Putu Made, Loaf Bun, and Ebiga JJampong. This
program is designed to increase the active rate and
utilisation of the credit cards, as well as to increase credit
card sales volume through relevant lifestyle experiences
for customers. Throughout the period of January to
December 2025, customers can enjoy a 20% discount of
up to Rp200,000 every Friday to Sunday with a minimum
transaction starting from Rp150,000.
CREDIT CARDS
Maybank Indonesia offers two types of credit cards: On the other hand, the Bank also implemented the
Individual Credit Cards and Corporate Credit Cards. Maybank Credit Card marketing strategy in 2025, focusing
Individual Credit Cards are aimed at individual customers on strengthening lifestyle programs to increase the active
and offer a variety of products tailored to their needs and card utilisation and encourage sales volume growth. The
preferences, including Maybank Visa Infinite, Maybank Bank continued its year-round dining program with the
Platinum (Visa/MasterCard/JCB), Maybank Gold (Visa/ BOGA Group through various selected merchants such
MasterCard), and the Maybank White Card. as Pepper Lunch, Shaburi & Kintan, Paradise Dynasty,
Kimukatsu, Bakerzin, and Ebiga JJampong as a form of
2025 Initiatives consistent benefits for customers. Moreover, Maybank
In 2025, Maybank Indonesia implemented various Indonesia also expanded collaboration with new partners
strategic programs and initiatives to drive retail business such as Baia Nonna, Song Fa Bak Kut Teh, Putien, Song Fa
growth, such as the implementation of the BOGA Group Kway Chap, and Marutama Ramen to provide a variety of
dining promo program for credit card holders. The BOGA choices and attract a wider customer segment.
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In addition to the dining program, Maybank Credit Card In line with efforts to expand access and increase the
also continued programs with travel category merchants, competitiveness of personal loans (KTA), Maybank
both through offline travel agents such as Avia Tour, Bayu Indonesia also developed an alternative sales channel
Buana, Golden Rama, and Panorama JTB, as well as online through the M2U ID App in 2025. This implementation
platforms such as Traveloka, Tiket.com, and Garuda facilitates customers applying for Maybank personal
Indonesia. The Bank also strengthened collaboration loans digitally, as an additional option besides branches
with co-brand partners, such as the BMW Group and or telesales. Moreover, the Bank conducted the acquisition
Manchester United, through various strategic activities process alignment by using short form and input through
and events to raise awareness and support new customer branch applications so that the application process can
acquisition. be more effective, efficient, and responsive to customer
needs.
Plans and Strategies for 2026
Maybank's Personal Loan (KTA) marketing strategy
in 2026 is directed at developing more selective and
competitive products, particularly in the Payroll segment.
Strengthening is carried out through adjusting the risk
profile to maintain the segment's profitability. The Bank
also expands its Personal Loan offering channel through
the M2U application as a digital alternative that allows
existing customers to apply for Personal Loan, while
simultaneously increasing Maybank KTA's competitiveness
in the market.
Plans and Strategies for 2026
Maybank Credit Card will continue its dining and
travel programs with existing merchants as consistent
programs for customers. Furthermore, the Bank will also
implement programs with new partners to provide more
choices and attract new customers. Both programs aim
to increase the active rate of Maybank Credit Card users, CUSTOMER DEPOSITS
support Maybank Credit Card sales volume growth and 2025 Initiative
the acquisition of Maybank Credit Cards. The Bank's strategy in 2025 is to continue increasing
third-party funds by acquisition of new customers,
PERSONAL LOAN (KTA) expanding active customer transactions, improving
2025 Initiative loyalty and increasing funds from existing customers.
Maybank Indonesia continues to implement strategic For new customers, Maybank Indonesia priotises and
initiatives in the acquisition of Personal Loans (KTA), optimises the U by Maybank Savings product with features
particularly through cross-selling schemes in the Payroll designed according to current customer needs, such as
segment, which is considered to have a significant Smart Savings, Smart Spending, and QR Cardless ATM
contribution and maintained a good portfolio quality. Withdrawal.
This segment makes the largest contribution in terms of
booking volume and demonstrates good portfolio quality. Furthermore, the Bank provides more benefits for
In 2025, the Bank initiated testing and alignment of new customers who make transactions through Debit Cards,
criteria for payroll companies based on their respective QR, or Digital services to foster transaction habits with
risk levels, in order to maintain optimal segment Maybank and ultimately support the growth of third-party
profitability. The Bank also implemented special interest funds.
offers for personal loans based on risk-based pricing for a
number of selected payroll companies.
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The Bank collaborates with sister companies within the 4. Special Gift USD
Maybank Group, such as Maybank Sekuritas Indonesia, Cash reward offer based on increase in average
to obtain third-party funds through the development of account balance & TRB CASA USD with a 3-month
RDN (Customer Fund Account) savings products with a observation period.
strategy of opening through digital channels and also 5. Maybank Gift USD
exploring opening through branch channels. In addition Cash reward offer where funds are held in an account
to Maybank Sekuritas Indonesia, the Bank explores with a minimum placement of USD5,000.
the opening of Maybank RDN products through other 6. RDN Welcome Gift
securities companies, as a strategy to reach the stock Program for customers who open a Maybank
investment market share through RDN savings. RDN account for the first time and conduct stock
transactions.
Additionally, the Bank collaborates with loan distribution 7. Merchant Deals 2025
companies, both Maybank Finance & WOM Finance, to Offers Promos at merchants using Maybank Debit
provide loans and banking services for Customers. Cards.
The Bank applies a segmentation-based approach
and focuses on answering the needs of each segment
through programs and product improvements such as
the launch of ESG Deposit products to address the needs
of Customers who are concerned about Environmental,
Social and Governance. The Bank also consistently holds
Maybank Marathon activities to support a healthier life
and innovative banking services that are relevant to
customer needs.
In 2025, Maybank Indonesia implemented several
initiatives and other programs to increase customer
deposits as follows:
1. Maybank Gift Program
Program offers for third-party fund deposits to
increase customer acquisition and loyalty for both
new and existing customers by providing appreciation
in the form of attractive gifts given in advance.
2. IDR Bonus Interest
Offer a top-up program in savings with rewards in
the form of bonus interest/extra yields of up to Rp25
million from an increase in the monthly average
balance with a minimum increase of Rp10 million and
a minimum of 3 times transactions per month through
the M2U ID App/Web/Debit Card/QR Pay. Customer Deposit Performance in 2025
3. USD Bonus Interest In 2025, the CFS segment succeeded in growing CASA
Offer a top-up program in savings with rewards in the by 8.3% to Rp54.9 trillion. Meanwhile, Time Deposits
form of bonus interest/extra yields of up to USD1,500 decreased by 19.0% to Rp31.2 trillion due to the Bank’s
from an increase in the monthly average balance with continued focus on optimising a more efficient funding
a minimum increase of USD5k and a minimum of 3 structure. As of December 2025, total CFS deposits
times transactions per month through the M2U ID App/ decreased by 3.4% to Rp86.1 trillion from Rp89.2 trillion the
Web/Debit Card/QR Pay. previous year.
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Plans and Strategies for 2026
In 2026, Maybank Indonesia established a strategic plan in
the development and marketing of funding products with
a focus on the sustainable growth of Third Party Funds
(DPK). This effort will be carried out through strengthening
products, programs, and services based on customer
segmentation, while encouraging increased transaction
activity to strengthen long-term relationships with
customers. This strategy will be realised through various
initiatives as follows:
1. Rejuvenation and customasation of products
and services, especially in promoting increased
penetration and better experience on low-cost
product such as Savings.
2. Feature development in existing products and the
launch of new products to address customer needs
such as:
• Multicurrency savings products: one savings
account with multiple currencies
• Dynamic Currency Matching feature in Debit Cards
which gives customers advantages in making CFS RETAIL PERFORMANCE AND
cash withdrawals and purchases abroad without ACHIEVEMENTS IN 2025
conversion fees. CFS Retail Lending
3. Diversification and addition of acquisition channels The CFS Retail segment consistently contributes to the
to obtain third-party funds through cooperation with Bank’s credit growth. In 2025, CFS Retail recorded total
merchants, other companies (such as collaboration retail loans amounting to Rp48.4 trillion, representing a
with the new Securities Company to expand the reach 5.2% growth compared to the previous year. This growth
of Maybank RDN accounts), other communities, and was primarily driven by an 8.6% increase in automotive
Maybank sister company group. financing, a 5.4% increase in credit card and personal
loans (KTA) business, and a 0.2% increase in the mortgage
segment in line with economic recovery and increasing
purchasing power.
Overall, all CFS Retail segment loans continued to show
positive growth, supported by a targeted marketing
strategy and strengthening customer service. In terms
of asset quality, the NPL (gross) ratio for retail loans
improved to 1.90% in 2025, compared to 1.95% in 2024.
This reflects the effectiveness of risk management
implementation and the Bank’s commitment to
maintaining sustainable credit quality.
(in Rp trillion)
Description 2025 2024 2023
Car and Motorcycle Loans 26.6 24.5 23.1
Mortgages 17.0 16.9 16.2
Credit Card and Personal 4.2 4.0 3.6
Loans
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Shariah
Banking
UUS’s total financing in 2025 was recorded at Rp30.5
trillion. Financing in the CFS segment grew by 10.6%,
driven by an 8.1% increase in Non-Retail financing
and a 13.6% increase in Retail financing, primarily
driven by growth in housing financing.
Maybank Indonesia, through its Sharia Business Unit products as banking solutions that are responsible and
(UUS), continues to strengthen its business foundation inclusive for all levels of society, in line with the principles
by advancing the Sharia First strategy as a key growth of sustainable finance and strengthening the national
driver. This commitment is reflected in the contribution economy.
of Sharia Banking assets, which reached 24.66% in 2025,
positioning Maybank Indonesia among the banks with the In line with this, Maybank Indonesia is also actively
largest proportion of Sharia assets in the national banking promoting increased Sharia financial literacy and
industry. This achievement demonstrates the Bank’s inclusion through various educational programs, strategic
consistency in expanding the role of Sharia financial partnerships with communities and institutions, and the
services while strengthening its competitive position in the development of products that are easily accessible to
market. the public. These initiatives are expected to strengthen
understanding of Sharia financial services’ value and
2025 INITIATIVES AND STRATEGIES benefit while supporting sustainable industry growth.
Indonesia’s economic growth remained stable at a rate Some of the initiatives implemented throughout this
of 5.11% in 2025, supported by strong domestic demand. period include the following:
Household consumption continues to be the main driver a. Introducing a comprehensive wealth management
of growth, along with controlled inflation and improving concept that addresses customers’ financial, social,
purchasing power. This inflation stability reflects the and spiritual needs in full alignment with Sharia
effectiveness of price stabilisation policies and the principles through Shariah Wealth Management.
synergy between the Government and Bank Indonesia b. Strengthening penetration within the halal ecosystem
in maintaining food supplies and controlling prices. This through strategic collaboration with Islamic
conducive macroeconomic condition also supports organisations, affiliated communities, and enhanced
Maybank Indonesia Sharia Business Unit (UUS) in posting synergy across Maybank entities to accelerate Sharia
solid performance. customer acquisition.
c. Deepening penetration within the CFS Banking
In order to strengthen its position in the sharia banking segment across selected industries while expanding
sector, in 2025 Maybank Indonesia UUS continued to the retail portfolio, and sustaining the growth trajectory
optimise the implementation of the Leverage Model and of the Global Banking segment—particularly among
the ‘Sharia First’ strategy to foster deeper integration Local Large Corporate clients—through ongoing
and synergy across all business units within Maybank collaboration with Global Markets and Transaction
Indonesia. This approach is aimed at supporting long- Banking (trade and cash management) to deliver
term value creation through healthy and sustainable integrated Sharia-compliant financial solutions
business growth, while positioning sharia services and tailored to customer needs.
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d. Improving unique Sharia features such as IMBT and SRIA to meet the needs of customers and investors, and utilising
them in the development of green and sustainable financing to support long-term growth and strengthen the Bank’s
positioning in the sustainable sector.
e. Accelerating digital transformation by developing M2U and M2E application capabilities, as well as leveraging
iBaaS and OpenAPI capabilities for sustainable development of Digital Banking so that they are always relevant to
customer needs.
f. Establishing UUS as a reference in the sharia financial industry, especially in supporting economic growth and
positioning itself as a Shariah Center of Excellence.
PERFORMANCE AND ACHIEVEMENTS 2025
In 2025, the revenue and profitability of Maybank Indonesia UUS and its comparison with 2024 are presented in the
following table:
In billion Rupiah
Description 2025 2024 Growth (%)
Total Assets 44,128 42,964 2.7%
Financing 30,515 31,749 (3.9%)
Third Party Funds 32,951 36,784 (10.4%)
Time Deposits 11,606 16,545 (29.9%)
CASA 21,345 20,238 5.5%
Profit 847 415 104.5%
Total Assets
In 2025, Maybank Indonesia UUS’s total assets grew by 2.7% or Rp1.2 trillion, from Rp43.0 trillion in 2024 to Rp44.1 trillion in
2025. The contribution of UUS assets to the Bank’s total assets reached 24.66%, the highest in Indonesia, an increase from
the previous year of 23.44%. This achievement is in line with the strategic direction of ‘Sharia First’ which continues to be
implemented consistently across all of the Bank’s business lines.
Financing
UUS’s total financing in 2025 was recorded at Rp30.5 trillion. Financing in the CFS segment grew by 10.6%, driven by an
8.1% increase in Non-Retail financing and a 13.6% increase in Retail financing, primarily driven by growth in housing
financing.
Meanwhile, growth in the Global Banking segment was more selective amidst challenging conditions. In general,
financing in this segment decreased by 30.1%, primarily due to the repayment of financing facilities by several
customers, particularly in the Financial Institution Group (FIG) sub-segment, as well as the withholding and decline in
utilisation of financing facilities towards the end of the year.
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Third Party Funds HUMAN CAPITAL DEVELOPMENT
To further improve liquidity efficiency and meet Maybank Indonesia UUS serves as the Head Office of
UUS’s liquidity needs, total Third Party Funds (TPF) are offices or units that carry out business activities based
maintained at Rp33.0 trillion. TPF growth is focused on Sharia Principles in accordance with POJK number 12
on increasing the portion of Current Account Savings of 2023 concerning Sharia Business Units. In accordance
Account (CASA) as a key indicator of the success of UUS’s with these provisions, Maybank Indonesia UUS is led by a
fund raising strategy. Director who oversees the Sharia Business Unit. Maybank
Indonesia UUS also has several work units covering
In 2025, UUS’s total CASA reached Rp21.3 trillion, growing business work lines and supporting functions.
by 5.5% compared to Rp20.2 trillion in 2024. Meanwhile,
Time Deposits were maintained at an optimal level of Maybank Indonesia continues to support the
Rp11.6 trillion. implementation of the Leverage Model and accelerate
the growth of the Sharia Business Unit (UUS) by ensuring
Thus, the composition of CASA to total UUS TPF increased the alignment of its business and operations with
to 64.78%, compared to 55.02% in 2024. UUS consistently Sharia principles and the Bank’s main strategies. The
prioritises disciplined governance in distributing returns organisational structure of Maybank Indonesia UUS
to deposit customers, this is reflected in the Cost of Fund always pays attention to effective and efficient work
(CoF) level, which decreased by 101 basis points from processes.
3.86% in 2024 to 2.85% in 2025.
Maybank Indonesia UUS’ Human Resources (HR)
development is conducted by mobilising all available
resources and translating the required competencies
into education and training materials. Every year,
Maybank Indonesia UUS organises several education and
training methods in order to improve HR capabilities/
competencies, as follows:
1. Providing Sharia banking training to employees who
handle or are related to Sharia business at Branch
Offices and Head Office according to the level of
training required by each employee.
2. Providing opportunities for Sharia Supervisory Board
(DPS) members to participate in training/seminars/
workshops according to the self-development needs
of DPS members to support and improve Sharia
supervisory activities at UUS Maybank Indonesia.
3. Training to enhance both externally and internally
functional skills in the areas of Risk Management,
Business Development, Super Service Excellence,
Sharia Legal, Financial Analysis, Financing Analysis,
Sharia Capital Market (Sukuk), Trade Finance, and
others.
NETWORK DEVELOPMENT AND OFFICE
CHANNELING
Profit In 2025, Maybank Indonesia UUS prioritised increasing
In terms of profitability, Maybank Indonesia UUS productivity, strengthening business growth, and
demonstrated positive performance. Profit for the year optimising assets across its operating Sharia office
was recorded at Rp847 billion, or a growth of 104.0%. This network. Furthermore, Maybank Indonesia UUS also
increase in profit for the year was supported by core maximises the leverage of its existing Conventional
income growth and an efficient profit-sharing structure. Commercial Bank (BUK) office network to expand its reach
Disciplined cost management ensured that operating of Sharia financial services and markets.
expenses remained under control and in line with income
growth.
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Maybank Indonesia UUS continues to conduct reviews by 4. Donations/Humanitarian Assistance, and Other Social
taking into account the provisions of POJK No. 12 of 2023 Activities, including support for disaster victims that
concerning Sharia Business Units (UUS), which upholds pay attention to aspects of rebuilding.
the spirit of synergy similar to that of Sharia Commercial 5. Sharia Financial Literacy, to increase financial inclusion
Banks (BUS). With this synergy principle, Maybank in line with sharia principles and sustainability.
Indonesia UUS will have the convenience of developing
its Branch Offices (KCS) and Sub-Branch Offices (KCPS) In 2025, Maybank Indonesia UUS benevolent funds
networks in the future, including through the utilisation distributed through partner institutions. Some of the
of the BUK office network infrastructure if there is a joint leading programs for distributing benevolent funds this
development plan to expand the scope of Sharia financial year are as follows:
services. 1. Assistance for worship facilities and infrastructure
as well as construction such as the construction of
The KCS network development strategy is also aimed the Mosque and Islamic Boarding School of the Al
at strengthening the presence of Maybank Indonesia Abrary Tahfidzul Quran Foundation, the dormitory of
UUS and raising public awareness of innovative and the Tahfidz Islamic Boarding School of the Ahsanul
competitive Sharia financial products and services. As Quran Cendikia Foundation Bogor, the construction
of 31 December 2025, the total Sharia Office networks of new classroom building facilities for the Suara
were recorded at 17 Sharia Branch Offices (KCS), 3 Sharia Hati Community Teaching Activity Center School
Assistant Branch Offices (KCPS), and 275 Sharia Services of the Syafaatul Quran Education Foundation, the
(LS). construction of classrooms for the Islamic Elementary
School of the Madinatur Rahmah Islamic Boarding
SOCIAL FUNCTION THROUGH BENEVOLENT School, the construction of the Darul Khidmat Quran
FUND AND ZAKAT MANAGEMENT House of the Muslim Character Foundation, the
Maybank Indonesia UUS recognises that success in renovation of ablution area of the Nurul Jihad Menteng
carrying out its business activities cannot be separated Atas Mosque, the renovation of the roof renovation
from the support of all stakeholders. As part of its of the Al Ikhlas Cilacap Prayer Room, the rental of
commitment to sustainability, Maybank Indonesia the Leadership House dormitory in Yogyakarta of the
UUS continues to perform social functions sustainably Bina Nurul Fikri Foundation, the rental of buildings
through direct contributions to community activities and and the procurement of infrastructure facilities
environmental development. for the Imam Syafii Elementary School in Jakarta,
the renovation of the Al Istiqomah Mosque of the
This social function is realised through the Benevolent Istiqomah Ilmu Amal Foundation, the expansion of the
Fund Management Unit (UPDK), which operates in Al Ikhlas Jami Mosque, the construction of the Bogor
accordance with the Fatwa provisions of the National Cendikia Madani Muslim Foundation Mosque, and the
Sharia Council of the Indonesian Ulema Council (DSN MUI). infrastructure repair and paving in Dusun Blebaan,
In its implementation, Maybank Indonesia UUS establishes Desa Nglumpang, Ponorogo Regency.
coordination and cooperation (mutual partnership) with 2. Productive economic empowerment programs such
Maybank Indonesia and stakeholders to support social as digital mosque training activities in collaboration
programs, community empowerment and environmental with the Bersama Beramal Sholeh Foundation,
protection. agricultural business assistance from the Insan
Mandiri Bercahaya Foundation, empowerment
The Maybank Indonesia UUS benevolent fund distribution of Nusadaya MSMEs from the Dompet Dhuafa
program focuses on five strategic sectors, namely: Republika Foundation, assistance from MSMEs and
1. Infrastructure and Educational Facilities of Places of sharia financial literacy with the Karya Salemba
Worship Development Empat Foundation, the empowered MSME Program
2. Productive Economic Empowerment of the Dhuafa in collaboration with the Langkah Maju Peduli
Community, supporting community-based small Foundation, the Jaga Harapan Program for MSME
businesses that use sustainable business practices. development in collaboration with the Salam Setara
3. Education (Development of Outstanding Human Amanah Nusantara Foundation, and assistance with
Capital and the Dhuafa), especially the development poultry house equipment from the Bahrul Maghfiroh
of outstanding and competitive dhuafa human Cinta Indonesia Foundation.
resources to create long-term impacts for future
generations.
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3. Educational scholarship assistance to Lazismu Baitul Depok. As well as literacy in several other institutions
Maal Khairu Ummah, Muhammadiyah University and communities, such as the Regional Leadership
of Mamuju, Muhammadiyah 1 Gresik High School, Council of Syarikat Islam, the Leadership House of the
Muhammadiyah Makassar Polytechnic, Education Bina Nurul Fikri Foundation, PT Argha Karya Prima, the
Aid International Foundation, Al Fatih Bintaro Indonesian Women's Islamic Consultative Body, and
Foundation, Muhammadiyah Taman Elementary the Cahaya Al Fatih Nusantara Foundation.
School 1 & 2, Al Hidayah I Elementary School Jakarta
Yasmar Al Hidayah Islamic Foundation, Nurul Ikhlas Since 2019, Maybank Indonesia has officially become a
Modern Islamic Boarding School in Padang Nurul Zakat Collection Unit (UPZ) of the National Zakat Agency
Ikhlas Padang Panjang Foundation, and the Rumah (BAZNAS) based on the Decree of the Chairman of
Kepemimpinan of the Bina Nurul Fikri Foundation. BAZNAS Number 56 of 2019. This status strengthens the
4. Assistance for clean water distillation equipment role of Maybank Indonesia UUS in managing zakat funds
in collaboration with Muhammadiyah University of professionally, transparently, and in line with sharia
Purwokerto, Muhammadiyah University of Kudus, principles and good governance practices. Through the
and the Indonesian Charity Foundation. As well as management of UPZ, Maybank Indonesia UUS continues
assistance for the water source program and the to provide sustainable social contributions, in line with the
construction of public toilets (MCK) in the Kalimantan sustainability values that are part of the direction of the
region in collaboration with the Indonesian Wakaf Company's Sharia business development.
House Foundation.
5. Assistance for orphans in 17 Maybank Indonesia Throughout 2025, all zakat funds of Maybank Indonesia
Sharia Branch Offices and 3 Maybank Indonesia employees were distributed through BAZNAS with a total
Sharia Assistant Branch Offices in collaboration with distribution of Rp825,011,237. These funds are allocated
BAZNAS, LazisMu, Baitul Maal Hidayatullah Foundation, to five main sectors, including social, health, education,
Indonesian Charity Foundation, Arrohman Indonesia da'wah, and economy, to provide broad benefits to the
Orphanage Foundation, KSPPS BMT Al Falah Berkah community. The programs implemented reflect the Bank's
Sejahtera, Gerak Bareng Community Foundation, commitment to strengthening long-term social impacts
Malika Wisata Utama PT, YPI Al Multazam Husnul while encouraging improvements in community welfare.
Khotimah, PC Muhammadiyah Tanjung Sari Medan
City, Steps Forward Care Foundation, Amanah Muda As part of the program's implementation, Maybank
Indonesia Foundation, Muhammadiyah University of Indonesia Zakat Collection Unit (UPZ) and BAZNAS
Aceh, Muhammadiyah University of Jambi, Dompet distributed Rp220 million in humanitarian assistance to
Sosial Madani, Wahdah Zakat Inspiration, Sabiliilah disaster-affected communities in Aceh, North Sumatra,
Malang Foundation, Aziziah Utama Foundation, KSPPS and West Sumatra. The assistance provided included the
Bondho Ben Tumoto, MPM PP Muhammadiyah, and provision of public kitchens, distribution of ready-to-eat
Jakarta Cempaka Putih Islamic Hospital. meals, clean water, and basic food packages for those in
6. Eid al-Adha sacrificial animals assistance in 17 need. This initiative reflects Maybank Indonesia's active
Maybank Indonesia Sharia Branch Offices and role in supporting a rapid and coordinated humanitarian
3 Maybank Indonesia Sharia Assistant Branch response while strengthening its Sharia-compliant social
Offices in collaboration with BAZNAS, Lazismu, Baitul contribution.
Maal Hidayatullah Foundation, Sasana Bina Satria
Foundation, Gerak Bareng Community Foundation, IMPLEMENTATION OF SHARIAH GOVERNANCE
Sasana Bina Satria Foundation, Indonesian Charity Maybank Indonesia has established a comprehensive
Foundation, Ad'Dawah Foundation Jakarta, Dompet governance framework to ensure operational oversight
Sosial Madani, KSPPS BMT Al Falah Berkah Sejahtera, is aligned with sharia principles, one of which is through
Nurul Hidayah Jambi Education Foundation, the implementation of the Sharia Governance Framework
Bahrul Maghfiroh Cinta Indonesia Foundation, (SGF). This framework serves as the foundation for
Hidayatullah Islamic Boarding School Foundation, PW maintaining the quality of sharia business management
Muhammadiyah North Sumatra, Graha Tiara Islamiah through clear roles for the Sharia Director, Board of
Foundation, Aziziah Foundation, Grand Mosque Directors, work unit leaders, and related management.
of Central Java, Nurul Hayat Surabaya, MPM PP The independence of the Sharia Supervisory Board (DPS),
Muhammadiyah, Jakarta Islamic Hospital Pondok Kopi, which has sufficient competence, also strengthens
and Jakarta Islamic Hospital Cempaka Putih. supervision, supported by the Sharia Advisory and
7. Shariah Financial Literacy in several universities, Assurance function, which carries out its role objectively
such as Muhammadiyah University of Palembang, and continuously.
Muhammadiyah University of Sidoarjo, Cendikia
Abditama University, and Hidayatullah School in
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This strengthening of governance is also reflected Maybank Indonesia UUS has established five strategic
through integrated supervision in the Sharia Review, programs particularly focused on accelerating Sharia
Sharia Compliance, Sharia Risk Management, and Sharia capabilities. These Sharia programs are an integral part
Audit functions. All of these mechanisms are designed of Maybank Indonesia's Strategic Program and serve as
to maintain the integrity of sharia products and services, the foundation for strengthening Maybank Indonesia
ensure compliance with sharia principles and regulatory UUS ahead of the spin-off, with the aim of expanding
provisions, while supporting the sustainable growth of the Sharia value proposition, increasing inclusion, and
Maybank Indonesia’s Sharia Business Unit. ensuring operational and commercial readiness for the
entity resulting from separation. The following are five
AWARDS programs related to strengthening Sharia capabilities:
In 2025, Maybank Indonesia UUS received various 1. Inclusive Digital & Community Solution: This program
recognitions from external institutions, reflecting the provides inclusive Sharia banking solutions for the
consistency of performance and quality of services mass segment and value-based communities
provided to customers. Some of the awards received by by offering easy access digital services, utilising
Maybank Indonesia UUS are as follows: iBaaS and OpenAPI capabilities, thereby expanding
1. Asian Banking & Finance - Retail Banking Awards 2025 access, strengthening community engagement, and
as Most Innovative Islamic Bank encouraging the adoption of Sharia services and
2. ABF Retail Banking Awards 2025 as Islamic Banking values in daily financial activities.
Initiative of the Year 2. Regional Corporate & Investment Banking
3. Infobank 14th Sharia Awards 2025 as The Excellence Growth - End-to-end Sharia Wholesale Banking:
Performance Banking Sharia Business Unit 2025 Maybank Indonesia enhances its proposition for
4. Euromoney London as Indonesia’s Best Trade Finance corporate customers by leveraging its inbound
Deal 2025 ASEAN capabilities connected to the Maybank
Group's regional network, enabling stronger business
These appreciations reflect the Bank’s commitment support. This strengthening is complemented by
to providing innovative sharia financial solutions, the development of end-to-end Sharia Wholesale
maintaining good governance standards, and Banking services that integrate Sharia-based
strengthening contributions to the development of the advisory, financing, and transaction solutions,
sharia banking industry in Indonesia. The various awards enabling Maybank Indonesia's UUS to provide more
achieved further emphasises the position of Maybank comprehensive, competitive, and relevant corporate
Indonesia UUS as one of the industry players with a strong services to meet business needs in Indonesia and the
reputation and sustainable competitiveness. ASEAN region.
3. Smart business innovation through strengthening
PLAN AND STRATEGY IN 2026 the halal ecosystem and growing Sharia businesses:
The Shariah Business Unit (UUS) continues to accelerate This focus includes expanding collaboration with halal
the implementation of the Sharia First strategy and the industry players and developing financial services
Leverage Model consistently across all business lines, that support the halal value chain. These efforts are
in line with Maybank Indonesia's strategic direction of reinforced with digital solutions—from basic financial
strengthening the role of sharia banking as the pillar of services to beyond-banking propositions—to foster
growth. This effort is aimed at maximising the synergy entrepreneurial growth in Indonesia. This integrated
of the Bank's capabilities, expanding the contribution approach aims to create synergy between the Sharia
of sharia businesses, and maintaining compliance financial sector and the national halal ecosystem,
with sharia values and principles, which are the main enabling Maybank Indonesia UUS to play an enabling
foundation of all business activities. By optimising role in driving the growth of halal economic activity.
infrastructure, distribution networks, and expertise, UUS is
expected to strengthen its competitiveness while creating
sustainable added value.
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4. Integrated Sharia Wealth Management and Lifestyle Services: Providing a more comprehensive series of Sharia
wealth management solutions, encompassing investment, protection, financial planning, and lifestyle services.
This integration is designed to deepen customer relations and strengthen the Sharia value proposition in meeting
financial and lifestyle needs in accordance with Sharia principles.
5. “New Maybank” – Future-Ready Talent: The Bank will develop a future talent base through the implementation of
Maybank’s new work culture and enhancing agile@scale capabilities to deepen customer centricity with future-
ready talent. This cultural and capability strengthening also encompasses Sharia, ensuring that human resource
transformation aligns with Maybank Indonesia UUS’s strengthening agenda and future business needs.
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Maybank
Finance
Despite facing challenging economic conditions,
Maybank Finance recorded total sales of Rp14.5
trillion in 2025, experiencing an increase of 13.5%
compared to Rp12.8 trillion in 2024.
Maybank Finance is committed to delivering exceptional b. IMBT (Ijarah Muntahiyah Bin Tamliq)
performance by providing outstanding service and This product provides financing for heavy
consistently nurturing mutually advantageous long-term equipment and industrial machinery under
partnerships. To that end, Maybank Finance continues to a Sharia-based leasing scheme intended for
expand its business by optimising its focus on financing productive use. Through this scheme, debtors have
four-wheeled vehicles, industrial machinery, and heavy the opportunity to acquire ownership of the assets
equipment to achieve sustainable growth. Maybank over a predetermined period in accordance with
Finance is supported by authorised dealers, showrooms, their economic capabilities.
and suppliers throughout Indonesia. Currently, Maybank c. Installment Financing
Finance has 30 branch offices and 9 representative offices This financing facility applies a consumer financing
spread across Indonesia. scheme for productive vehicles. It enables debtors
to own assets used for productive purposes within
PRODUCTS AND SERVICES a certain period of time in accordance with their
In line with Financial Services Authority Regulation economic capabilities.
(POJK) No. 35/POJK.05/2018, Maybank Finance’s business 2. Multipurpose Financing
activities include Investment Financing, Working Capital Multipurpose financing refers to a range of consumer
Financing, Multifunction Financing, and other financing financing for goods/products and services with the
activities based on OJK approval. In detail, Maybank following benefits:
Finance’s business activities are elaborated as follows: a. Multipurpose financing for goods
1. Investment Financing This facility provides consumer financing for non-
Investment financing refers to all types of lease productive vehicles (passenger cars). Through
financing/lease for business purposes with the this scheme, debtors can own the vehicle within a
following products and benefits: specified period in accordance with their economic
a. Finance Lease IDR capabilities.
This financing facility is structured under a leasing b. Multipurpose consumer financing.
scheme for heavy equipment, industrial machinery, This is a variation of multipurpose goods financing,
and vehicles for productive purposes. The benefit offered to consumers with good credit quality in
for the debtor is the ability to acquire ownership of the form of financing for consumer goods such as
the assets for productive purposes within a certain mobile phones, watches, phone credit, and others.
period of time in accordance with their economic
capabilities.
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3. Working Capital Financing 2025 PERFORMANCE
Working capital financing is a consumer financing According to data from Gaikindo, domestic car sales
facility intended to support productive business declined by 6.3% in 2025. Wholesale sales reached 803,687
activities. It enables debtors to obtain business capital units throughout 2025, representing a 7.2% decrease
by pledging their vehicle registration certificates compared to 865,723 units in 2024. Meanwhile, retail sales
(BPKB) as collateral for a certain period, while still throughout 2025 reached 833,692 units, reflecting a 6.3%
being able to use the pledged vehicles. decrease compared to 886,215 units in 2024.
2025 STRATEGY AND INITIATIVES Despite facing challenging economic conditions, Maybank
Amid the dynamics of the financing industry, which Finance recorded total sales of Rp14.5 trillion in 2025,
is marked by pressured purchasing power, intense an increase of 13.5% compared to Rp12.8 trillion in 2024.
competition for funding, and increased expectations from Meanwhile, total credit reached Rp8.5 trillion in 2025, an
regulators and customers, Maybank Finance successfully increase of 6.8% compared to Rp7.9 trillion in 2024.
maintained a balanced financing performance between
growth and asset quality, with a well-managed risk Gross and net NPL remained well managed at 0.34% and
profile. This reflects Maybank Finance’s ability to maintain 0.23%, respectively. In 2025, Maybank Finance recorded
a balance between business expansion and portfolio a profit before tax of Rp593 billion, an increase of 2.1%
quality. compared to Rp581 billion in 2024.
To seize market opportunities and ensure sustainable
business growth, Maybank Finance consistently
implemented a range of well-targeted strategies and
initiatives throughout the reporting year, as outlined
below:
1. Prioritising new car financing within the middle- to
upper-income segments;
2. Increasing marketing efforts for financing of four-
wheeled vehicles, heavy equipment, and industrial
machinery;
3. Exploring opportunity in the electric and hybrid car
financing market;
4. Accelerating the processing time for credit
applications; and
5. Enhancing customer service through a service quality
program in collaboration with Maybank Indonesia.
Performance 2025 2024 Growth
Sale 14,497 12,769 13.5%
Total Loan 8,480 7,944 6.8%
NPL 0.34% 0.40% 0.06%
Profit before tax 593 581 2.13%
Gearing ratio 1.03 1.01 1.93%
ROA 7.42% 7.19% (0.23%)
ROE 11.32% 11.32% (0.00%)
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Maybank Finance’s performance achievements in 2025
reflect its ongoing commitment to increase business
volume. Maybank Finance consistently implemented
various marketing initiatives and funding strategies,
including:
1. Building partnerships with APM and suppliers of heavy
equipment and industrial machinery in Indonesia.
2. Delivering prompt and flexible services.
3. Offering attractive retention programs to potential
Maybank Finance debtors.
2026 PLAN AND STRATEGY
Looking ahead, Maybank Finance projects that 2026 will
continue to present external challenges, including global
uncertainty, gradual monetary policy normalisation,
and selective recovery of purchasing power across
various segments. However, domestic macroeconomic
stability is expected to remain relatively stable, with
inflation prospects expected to be under control, and
continued government policy support for the consumer
and automotive sectors creating more constructive
growth opportunities for the financing industry. In this
environment, demand for four-wheeled vehicle financing
is projected to grow moderately, supported by improving
consumer sentiment and increasing mobility needs.
In line with these projections, Maybank Finance has
outlined the following focus areas for its 2026 plans and
strategies:
1. Strengthen the Company’s position in the upper-
middle segment serving the new car financing market.
2. Expand the segment by focusing on selected vehicle
brands.
3. Expand the business through financing for heavy
equipment and industrial machinery.
4. Increasing applications through Maybank’s network
throughout Indonesia.
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WOM
FINANCE
WOM Finance succeeded in delivering positive
financial performance by closely monitoring the
dynamic conditions of the financing industry in
2025 and was supported by the implementation of
adaptive strategies and policies.
In 2025, the Company successfully recorded revenue of - Investment Financing
Rp2.2 trillion, maintaining the same level as in 2024 at • MobilKu Sale and Leaseback
Rp2.2 trillion. The largest contributions to revenue were - Working Capital Financing
multipurpose financing, working capital financing, and • MobilKu Sale and Leaseback
investment financing. Total expenses increased to Rp2.0 • MotorKu Sale and Leaseback
trillion, from Rp1.8 trillion in 2024. As a result of the higher • MobilKu Working Capital Facility
expenses, net profit decreased by 45.78% year-on-year, - Sale and Purchase Financing (Murabahah Contract)
from Rp262.9 billion in 2024 to Rp142.6 billion in 2025. • New Motorcycles Sharia Financing
• “MasKu” Precious Metal Financing
PRODUCTS AND SERVICES - Service Financing (Ijarah Contract)
In carrying out its operations, the Company offers a • “HajiKu” Sharia Financing
diverse range of products and services tailored to meet
the needs of its customers. The products and services are 2025 BUSINESS STRATEGY AND INITIATIVES
outlined below: In 2025, the Company has implemented various
- Multipurpose Goods Financing initiatives to develop the use of technology in support of
• New Motorcycle Financing (PPSA) the Company's long-term goal of becoming a leading
- Multipurpose Services Financing IT-driven financing company. The development of
• MotorKu Multipurpose Financing (PPSA) the Company's information technology in 2025 was
• MobilKu Multipurpose Financing focused more on business process development and
• Dana MotorKu Facility infrastructure improvements to increase efficiency and
• Dana MobilKu Facility customer service.
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Several key projects were successfully launched and Indicators
2025 2024
Growth
(in millions of rupiah) (%)
completed in 2025, including:
• Enhancement of Sharia-based systems. Net Income for the Year 142,553 262,915 (45.78%)
• Development of an Operational Centralisation system. Total Financing 5,937,087 5,429,489 9.35%
• Feature upgrades for the “KAWAN” application. Disbursement
• System adjustments to align with Consumer Data NPF Gross / % 2.17% 1.96% 0.21%
Protection policies.
NPF Net / % 0.95% 0.88% 0.07%
• Modernisation of Disaster Recovery Center
infrastructure.
• Upgrades to the Company’s network infrastructure. AWARDS
• Strengthening IT security systems. Throughout 2025, WOM Finance received a number of
awards, which include:
During 2025, the Company also demonstrated • Indonesia Good Corporate Governance IX 2025,
consistency in strengthening information technology Category: The Best Indonesia GCG Award - IX - 2025
governance and data security. This is reflected in the Gold Award (B) Excellent (4 Star****) Category: Public
Company's success in maintaining ISO/IEC 27001:2022 Company - Multifinance - Assets > Rp7 T.
certification as an international standard for information • Indonesia Digital Sustainability Award 2025, Category:
security management systems. The Indonesia Best Digital Awards 2025 in Multifinance
for Business Process Automation and Digital Document
Furthermore, in recognition of its commitment and Management System Category Multifinance.
sustained digital transformation efforts and operational • WOW Brand 2025, Category: WOW Brand Award in the
excellence, the Company received several prestigious Motorcycle Leasing Category.
awards from independent institutions. These included TOP • The Best Indonesia Corporate Secretary 2025,
Leader on Digital Implementation 2025, TOP DIGITAL #Stars Category: The Best Indonesia Corporate Secretary
5, and the Golden Trophy presented by IT Works, as well as 2025 Award as a PLATINUM Award (Very Excellent)
the Indonesia IT & Digital Operational Excellence Award VII (5 Star*****) in the Multifinance Category: Public
2025 with a Platinum rating (A) – Very Excellent (5 Star). Company – Assets > Rp7 T.
These awards reflect the Company’s ability to manage its • The Best Indonesia Corporate Secretary 2025,
digital capabilities in a reliable, secure, and strategically Category: Mrs. Cincin Lisa Hadi, The Best Indonesia
aligned manner to support long-term business objectives. Corporate Secretary 2025, Platinum Award - Score:
90.10 - Very Excellent (5*****) in the category Public
2025 PERFORMANCE AND ACHIEVEMENTS Company - Multifinance - Assets > Rp7 trillion.
WOM Finance succeeded in delivering positive financial • 14th Infobank Isentia Digital Brand Appreciation 2025,
performance by closely monitoring the dynamic Category: The 2nd Multifinance With Assets of Rp5 to 10
conditions of the financing industry in 2025 and was Trillion.
supported by the implementation of adaptive strategies • Indonesia Top Financial Woman Leaders Award 2025,
and policies. The Company recorded revenue of Rp2.2 Category: Cincin Lisa Hadi, The Top Financial Woman
trillion, remaining relatively stable compared to the Leaders Award 2025 for Implementing Strategic
previous year. In addition, total financing disbursements Initiatives to Enhance Financing Disbursement.
reached Rp5.9 trillion, representing a 9.3% increase from • Indonesia Visionary Leaders Awards 2025, Category:
Rp5.4 trillion in the previous year. This growth reflects the Anthony Y Panggabean as Indonesia Visionary Leaders
Company’s ability to sustain business expansion despite Awards 2025.
challenging market conditions. • SPEx2 Award 2025, Category: The 10th Annual SPEx2®
Award as The Best Execution Winner in the Financing
Meanwhile, net income for the year reached Rp142.6 Industry.
billion in 2025. In terms of financial position, total assets • The Most Outstanding Women 2025, Category: Mrs.
of WOM Finance grew by 6.1% to Rp7.4 trillion, compared Cincin Lisa Hadi, The Most Outstanding Woman 2025.
to Rp6.9 trillion in the previous year. Financing quality • The Most Outstanding Women 2025, Category: Mrs.
also remained well maintained, with gross and net Non- Sarastri Baskoro as The Most Outstanding Woman
Performing Financing (NPF) ratios at 2.17% and 0.95%, 2025.
respectively.
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• The Most Outstanding Women 2025, Category: Mrs. • Continuously strengthening collaboration with the
Thilagavathy Nadason, The Most Outstanding Women Company’s strategic partners through various
2025. attractive programs and incentive schemes to support
• The Most Outstanding Women 2025, Category: Mrs. business growth through a collaborative approach
Myrnie Zachraini Tamin, The Most Outstanding Women and well-targeted market segmentation.
2025. • Prioritizing stronger synergies within the Maybank
• Infobank Multifinance Appreciation 2025, Category: Group ecosystem in Indonesia to encourage
The Excellent Performance Multifinance Company for sustainable business growth and increase financing
the asset category of Rp5 trillion < Rp10 trillion. for the Micro, Small, and Medium Enterprises (MSMEs)
• Indonesia IT & Digital Operational Excellence Award sector while maintaining sound portfolio quality.
- VII - 2025, Category: The Best Indonesia IT & Digital • Expanding penetration in the sharia market by
Operational Excellence Award 2025 with Platinum focusing on the HajiKu product through partnerships
Award (A) (Very Excellent) (5 Star *****) Category with strategic partners and the broader sharia
Multifinance - Public Company - Assets > Rp7T. ecosystem to support the growth of the Company’s
• Indonesia Best CMO Awards 2025 Category: Mr. sharia business across multiple segments.
Wibowo, Best Chief Marketing Officer 2025 in • Focusing on strengthening the digital ecosystem
Expanding Market Share through Sharia-Driven through the development of the KAWAN application
Product Innovation in the Multifinance category. and financing platforms in collaboration with business
• TOP Digital Awards 2025 Category: Top Digital partners to improve the efficiency of the acquisition
Implementation 2025 # Level Start 5. process and enhance the customer experience for
• TOP Digital Awards 2025 Category: Mr. Djaja Suryanto both customers and the Company’s business partners.
Sutandar as TOP Leader on Digital Implementation • Continuously reviewing and improving the credit
2025. initiation process by assessing credit policies and
• Infobank TOP 100 CEO and The Future Leaders Forum procedures, while further developing the credit scoring
& Appreciation 2025, Category: Mr. Djaja Suryanto system to enhance the accuracy of credit risk analysis
Sutandar as Top 100 Chief Executive Officer (CEO) to support the maintenance of a sound and growing
2025. portfolio.
• Infobank TOP 100 CEO and The Future Leaders Forum & • Providing integrated and ongoing training programs,
Appreciation 2025, Category: Mrs. Cincin Lisa Hadi as delivered both in person and through digital platforms,
200 The Next Future Leaders. with a focus on enhancing competencies to increase
productivity and achieve the Company’s business
2026 BUSINESS DEVELOPMENT PLAN AND objectives.
STRATEGY
In anticipation of dynamics market conditions in 2025,
WOM Finance has formulated and prepared a series of
strategic and adaptive initiatives to address changes in
the business environment, macroeconomic condition, and
industry dynamics, with the following key priorities:
• Expanding business coverage to Eastern Indonesia,
a region with significant economic potential, in order
to strengthen the Company’s position as a financing
institution that responds to the diverse needs of
communities across different regions of Indonesia.
190 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Profitability
by Segments
OPERATING SEGMENT
Operating segments are reported in accordance with the internal reporting provided to the chief operating decision
maker which is responsible for allocating resources to certain segments and performance assessments. Maybank
Indonesia is organised into three operating segments based on products and services as follows:
• Global Banking segment
• Business Banking segment
• Retail segment
For the years ended 31 December 2025 and 2024, Maybank Indonesia and subsidiaries divided the segment based on
business units. The segment information of Maybank Indonesia and subsidiaries based on operating segments is as
follows:
(in Rp million)
Global CFS Non- Head Office
Description 2025 CFS Retail***) Total
Banking*) Retail**) and Others
Interest income - net 3,338,031 847,751 3,341,752 (305,632) 7,221,902
Inter-segment interest income/ (1,771,875) 617,651 609,905 544,319 -
(expenses)
Interest income after inter-segment 1,566,156 1,465,402 3,951,657 238,687 7,221,902
income - net
Operating income/(expenses) - gross 830,631 378,686 1,339,538 (222,088) 2,326,767
Operating expenses (524,405) (610,971) (2,574,930) (2,739,151) (6,449,457)
Operating income/(expenses) before 1,872,382 1,233,117 2,716,265 (2,722,552) 3,099,212
allowance for impairment losses - net
Allowance for impairment losses (87,455) (235,877) (906,424) 253,490 (976,266)
Operating income/(expenses) - net 1,784,927 997,240 1,809,841 (2,469,062) 2,122,946
Non-operating income/(expense) - net 18,315 22,220 (1,789) 61,101 99,847
Profit before allocation of indirect costs 1,803,242 1,019,460 1,808,052 (2,407,961) 2,222,793
Indirect costs (553,149) (775,280) (1,051,416) 2,379,845 -
Income before tax expenses 1,250,093 244,180 756,636 (28,116) 2,222,793
Tax expenses (520,598)
Income for the year 1,702,195
Total assets 84,831,114 39,639,217 33,603,720 35,643,582 193,717,633
Total liabilites 52,394,238 47,163,385 40,198,829 20,877,698 160,634,150
192 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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(in Rp million)
Global CFS Non- Head Office
Description 2024 CFS Retail***) Total
Banking*) Retail**) and Others
Interest income - net 3.280.172 858.473 3.116.650 (149.885) 7.105.410
Inter-segment interest income/ (2.058.290) 537.159 911.761 609.370 -
(expenses)
Interest income after inter-segment 1.221.882 1.395.632 4.028.411 459.485 7.105.410
income - net
Operating income/(expenses) - gross 723.847 485.090 1.444.305 (266.854) 2.386.388
Operating expenses (502.174) (597.367) (2.473.105) (2.961.136) (6.533.782)
Operating income/(expenses) before 1.443.555 1.283.355 2.999.611 (2.768.505) 2.958.016
allowance for impairment losses - net
Allowance for impairment losses (773.798) (174.284) (689.434) 268.140 (1.369.376)
Operating income/(expenses) - net 669.757 1.109.071 2.310.177 (2.500.365) 1.588.640
Non-operating income/(expense) - net (77) 1.434 (3.518) 13.834 11.673
Profit before allocation of indirect costs 669.680 1.110.505 2.306.659 (2.486.531) 1.600.313
Indirect costs (550.495) (763.511) (1.044.991) 2.358.997 -
Income before tax expenses 119.185 346.994 1.261.668 (127.534) 1.600.313
Tax expenses (401.670)
Income for the year 1.198.643
Total assets 89.935.174 37.242.430 32.302.363 37.699.855 197.179.822
Total liabilites 66.709.330 44.472.721 45.623.566 9.165.814 165.971.431
*) Global Banking consist of corporate banking, treasury, overseas branches and shariah
**) CFS Non-Retail consist of Small Medium Enterprise (SME), commercial, micro and shariah
***) CFS Retail consist of consumer banking, subsidiaries and shariah
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04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S Financial Review In 2025, the Bank recorded Profit Before Tax (PBT) of Rp2.2 trillion and Profit After Tax and Non-Controlling Interests (PATAMI) of Rp1.7 trillion. The following financial performance review has Maybank Indonesia booked Profit Before Tax (PBT) of Rp2.2 been prepared based on the Consolidated Financial trillion and Profit After Tax and Non-Controlling Interests Statements of PT Bank Maybank Indonesia Tbk and its (PATAMI) of Rp1.7 trillion in 2025. This achievement was subsidiaries for the year ended 31 December 2025. The supported by efficient overhead cost management, Financial Statements have been audited by the Public and reduced provision costs in line with improving asset Accounting Firm Purwantono, Sungkoro & Surja, a member quality. firm of the Ernst & Young global network, in accordance with the Independent Auditor’s Report No. 00057/2.1505/ In terms of assets, as of 31 December 2025, the Bank’s total AU.1/07/0703-3/1/II/2026 dated 25 February 2026. The assets (Bank only) were recorded at Rp193.7 trillion, slightly auditor provided an unmodified audit opinion stating that moderating by 1.8% compared to the previous year, in line the consolidated financial statements of PT Bank Maybank with lower loan balances. Indonesia Tbk (“Maybank Indonesia” or “the Bank”) fairly present, in all material respects, the consolidated Amidst the tight loan distribution conditions, the Bank financial position as of 31 December 2025, along with committed to directing its credit distribution strategy to its consolidated financial performance and cash flows increase profitability sustainably through improvements for the year then ended, in accordance with Indonesian in the quality and structure of its credit portfolio. Strong Financial Accounting Standards. The Consolidated growth in the CFS Retail and Non-Retail loan segments Financial Statements are also presented in full in the last managed under the Community Financial Services (CFS) chapter of this Annual Report. segment grew 5.2% Y-o-Y to Rp87.2 trillion. GENERAL DISCUSSION OF THE BANK’S In December 2025, the Bank’s total outstanding loans FINANCIAL PERFORMANCE stood at Rp123.6 trillion, declining 3.1% following portfolio In 2025, Maybank Indonesia recorded solid financial rebalancing in Global Banking (GB) loans, which recorded performance amidst the ever-evolving dynamics of the a decline of 18.4%. On a quarter-on-quarter basis, GB’s global and domestic economy. The Bank continues to Large Local Corporates (LLC) segment recorded growth of focus on strengthening business fundamentals through 13.1%. The Bank seeks to leverage the growth momentum quality growth, prudent risk management, and optimizing in the LLC segment going forward. operational efficiency. Supported by a targeted and disciplined strategy in maintaining asset quality, Maybank Additionally, the Bank’s Gross NPL improved to 2.17% from Indonesia has succeeded in increasing profitability and 2.68% in the previous year, reflecting better loan quality. maintaining strong capital and liquidity resilience. This achievement reflects the Bank's commitment to creating long-term value for stakeholders while strengthening its position as a competitive and sustainable financial institution. 194 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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FINANCIAL PERFORMANCE ANALYSIS
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSETS
Maybank Indonesia’s total assets reached Rp193.7 trillion in 2025, a slight decrease of 1.8% from Rp197.2 trillion in
2024. This was mainly contributed by a decrease in Loans and Sharia receivables/financing and consumer financing
receivable.
A more detailed breakdown of the Bank’s total assets for 2025 is as follows:
(in billion Rupiah)
Growth
Asset 2025 2024
Nominal Percentage
Cash 1,718 1,862 (144) (7.7%)
Current account with Bank Indonesia 7,099 10,696 (3,597) (33.6%)
Current account with other banks - net 3,398 2,571 827 32.2%
Placements with Bank Indonesia and other banks -
2,782 2,999 (217) (7.2%)
net
Trading Securities 4,553 1,942 2,612 134.5%
Financial Investments - net 39,151 40,151 (1,000) (2.5%)
Securities purchased under resale agreement - net 205 838 (633) (75.6%)
Derivatives receivables - net 1,711 1,381 330 23.9%
Loans and Sharia receivables/financing and
123,637 127,581 (3,944) (3.1%)
consumer financing receivable - gross
Loans and Sharia receivables/financing and 123,563
120,328 (3,233) (2.6%)
consumer financing receivable - net
Acceptances receivables 1,915 1,571 344 21.9%
Deferred tax assets 325 613 (288) (47.1%)
Fixed assets and right-of-use assets - net 3,787 3,992 (205) (5.1%)
Intangible assets - net 349 366 (18) (4.8%)
Prepayments and other assets - net 6,396 4,635 1,761 38.0%
TOTAL ASSETS 193,718 197,180 (3,462) (1.8%)
Cash
In 2025, the Bank recorded cash earnings of Rp1.7 trillion, a decrease of 7.7% from Rp1.9 trillion in the previous year. This
decrease was driven by an 8.1% decrease in Rupiah balances and a 3.3% decrease in foreign currency balances. Cash
in Rupiah accounted for 92.3% of the total, while cash in foreign currency made up 7.7%. Cash contributed 0.9% to the
Bank’s total assets.
Current Accounts with Bank Indonesia
Current accounts with Bank Indonesia (BI) decreased by 33.6% to Rp7.1 trillion from Rp10.7 trillion in the previous year,
contributing 3.7% to total assets. This amount still meets and exceeds the Bank’s Minimum Statutory Reserve requirement
(GWM) set by BI.
The minimum statutory reserves of the Bank as of 31 December 2025 for Rupiah consist of daily Primary Minimum
Statutory Reserves and averages, and Macroprudential Liquidity Buffer of 5.07%, 5.30% and 23.07% (31 December 2024:
8.33%, 7.65% and 20.40%), respectively, and Foreign Currencies Minimum Statutory Reserves of 4.37% (31 December 2024:
4.38%).
The Macroprudential Intermediation Ratio (RIM) remains within the target range. On both 31 December 2025, and
2024, the Bank’s Capital Adequacy Ratio (CAR) exceeded the CAR incentive, reflecting the Bank’s compliance with BI’s
regulations regarding the Minimum Statutory Reserve Requirement for Commercial Banks.
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Current Accounts with Other Banks As of 31 December 2025 and 2024, trading securities’
In 2025, current accounts with other banks increased rating for Government Bonds (SUN), Indonesia Floating
by 32.2%, reaching Rp3.4 trillion, driven by a significant Rate Note (FRNBI) and Bank Indonesia Securities (SRBI)
rise in foreign currency (forex) current accounts. Current were BBB (S&P) and unrated.
accounts with other banks in foreign currency grew by
35.6%, from Rp2.4 trillion to Rp3.2 trillion. These accounts In terms of interest rates, the average annual interest rate
contributed 1.8% to Maybank Indonesia’s total assets. for Rupiah-denominated trading securities was 7.07% in
2025, while foreign currency was 4.72%, compared to 7.06%
As of 31 December 2025, and 31 December 2024, all current and 3.15% the previous year. In accordance with Bank
accounts with other banks held by Maybank Indonesia Indonesia regulations, trading securities on 31 December
were classified as current assets, in compliance with 2025, and 31 December 2024, are classified as current. This
applicable OJK regulations. The average annual interest account accounted for 2.4% of total assets in 2025.
rate for current accounts with other banks in 2025 was
0.24% for Rupiah and 0.15% for foreign currency, compared Financial Investment
to 0.20% and 0.19%, respectively, in 2024. Financial investments consist of investments in
marketable securities and equity. Investment in
Placements with Other Banks and Bank Indonesia marketable securities is classified either as amortized
In 2025, placements with other banks and Bank Indonesia at cost or at fair value, with the movements recorded
decreased by 7.2%, reaching Rp2.8 trillion, compared to through other comprehensive income and equity.
Rp3.0 trillion in 2024. This decline was primarily due to a
decrease in placements with Bank Indonesia and other In 2025, the Bank’s financial investments, including
banks in foreign currency, which fell from Rp3.0 trillion to marketable securities and equity, were Rp39.2 trillion, a
Rp2.8 trillion. decrease of 2.5% from Rp40.2 trillion in the previous year,
with a contribution of 20.2% of total assets.
In accordance with applicable OJK regulations, all
placements with other banks and Bank Indonesia as of Maybank Indonesia’s investments in securities are
31 December 2025, and 31 December 2024, are classified classified based on the issuer type, including securities
as current. Additionally, there were no collateral issued by the Government and SOEs, Banks, and other
placements with Bank Indonesia or other banks. entities. The largest share comes from securities issued by
the Government and SOEs, which accounted for 86.6% in
The average annual interest rate for foreign currency 2025 and 86.7% in 2024.
time deposits with Bank Indonesia of Deposit was 5.41%,
while the interest rate for call money products was In addition, the Bank has investments in shares of Rp196.4
4.25%. Placements with other banks and Bank Indonesia billion. These include equity investments of Rp159.5 billion
accounted for 1.5% of total assets in 2025. in PT Maybank Sekuritas Indonesia, Rp27.9 billion in
PT Kliring Penjamin Efek Indonesia, and Rp3.0 billion in
Trading Securities PT Bank Capital Indonesia Tbk, as well as long-term equity
Maybank Indonesia’s trading securities consist of participation in various companies amounting to Rp6.1
Government Bonds, both in Rupiah and foreign currency. billion.
In 2025, this account increased by 134.5%, which was
primarily due to the Bank Indonesia Rupiah Securities
increased by Rp2.4 trillion and Bank Indonesia Floating
Rate Note (BIFRN) amounting to Rp0.2 trillion.
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(in billion Rupiah)
Growth
Financial Investment 2025 2024
Nominal Percentage
Securities 38,960 39,957 (997) (2.5%)
Equity Participation 196 195 1 0.6%
Provision for Loan Impairment Losses (5) (1) (3) 344.2%
TOTAL 39,151 40,151 (1,000) (2.5%)
Securities Composition by Issuer
7.3% 6,2%
6.1% 7.1% Bank
2025 2024 Government and SOEs
Others
86.6% 86.7%
Securities Purchased under Resale Agreement In 2025, the Bank recorded loan disbursement of Rp123.6
In 2025, Maybank Indonesia held securities purchased trillion, down from Rp127.6 trillion in 2024.
under a resale agreement (reverse repo) valued at
Rp204.8 billion, a significant decrease from Rp838.3 billion Retail and Non-Retail loans, classified as Community
in the previous year. This decline aligns with the reduction Financial Services (CFS), grew 5.2% to Rp87.2 trillion,
in the ownership of these securities in Rupiah, from supported by growth in almost all CFS loan subsegments.
Rp829.0 billion in 2024 to Rp19.3 billion in 2025. As a result,
the proportion of this account in total assets decreased to The CFS Non-Retail loans grew by 5.2%, reaching Rp38.8
0.1% in 2025, compared to 0.4% in the prior year. billion, supported by growth in Business Banking and Small
and Medium Enterprises (SME+) loans of 11.6% and 6.6%,
For 2025, Maybank Indonesia’s Rupiah-denominated respectively, while Retail SME (RSME) loans experienced a
repo securities consist of Government Bonds FR93, while slight slowdown of 1.3%.
the foreign currency repo securities are in the form of
Sovereign Securities. The CFS Retail loans segment consistently contributed
to the Bank's loan growth. The CFS Retail grew by 5.2% to
Derivative Receivables Rp48.4 trillion, supported by growth in Automotive loans of
In 2025, Maybank Indonesia recorded a 23.9% increase 8.6%, followed by Credit Card business loans and Housing
in derivative receivables, rising to Rp1.7 trillion from Rp1.4 loans, which grew by 5.4% and 0.3%, respectively.
trillion in the previous year. This growth was primarily due
to a rise in derivative receivables from third parties, which Meanwhile, the Global Banking segment's loan portfolio
increased to Rp1.2 trillion in 2025 from Rp934.8 billion in the implemented a rebalancing strategy, resulting in a
previous year. decrease in total loans in this segment of 18.4%.
Loans disbursed, Sharia & Consumer Receivables/
Financing
Amidst various economic challenges, the Bank undertook
a rebalancing effort to rebalance its credit portfolio,
impacting its total disbursement of loans. The Bank's
strategy of rebalancing its credit portfolio resulted in a
decline in corporate lending, although this was partially
offset by strong growth in the CFS Retail and Non-Retail
loan segments.
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The loan composition by segment is as follows:
(in billion Rupiah)
Growth
Loans by Business Segment 2025 2024
Nominal Percentage
Global Banking 36,465 44,709 (8,245) -18.4%
Community Financial Services (CFS) 87,173 82,872 4,301 5.2%
CFS - Non Retail 38,793 36,870 1,923 5.2%
CFS - Retail 48,380 46,002 2,377 5.2%
TOTAL 123,637 127,581 (3,944) -3.1%
The Bank’s loan composition by segmentation aligns with its strategic direction to gradually increase the share of CFS
loans. As of December 2025, the composition of Global Banking and CFS loans was 29% and 71%, respectively, compared
to 35% and 65% in December 2024.
Loans Composition by segment (%)
70.5% 65.0%
CFS
2025 2024
Global Banking
29.5% 35.0%
Based on currency type, loans in Rupiah and foreign currency were recorded at Rp105,4 trillion and Rp18.2 trillion,
respectively. The portion of these loans was 85.3% in Rupiah and 14.7% in foreign currency in 2025.
Loans Composition by Currency (%)
14.7% 16,0%
Rupiah
2025 2024
Foreign Currency
85.3% 84.0%
In terms of economic sectors, the Bank’s loan disbursement is primarily focused on manufacturing, business services,
trade, restaurants and hotels, and others include consumer loans. In 2025, these four sectors grew by 7.7%; 65.1%; 0.9%
and 5.2%, respectively.
The Bank remains committed to a selective and prudent loan growth strategy. The Bank risk appetite is strictly
implemented, with a focus on selective loan growth in industries that are considered to have strong prospects.
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(in billion Rupiah)
Growth
Loans by Economic Sector 2025 2024
Nominal Percentage
Agriculture and forestry 744 1,062 (318) -30.0%
Mining 5,158 5,442 (284) -5.2%
Industry 22,172 20,586 1,586 7.7%
Electricity, gas, and water 1,970 3,443 (1,473) -42.8%
Construction 5,972 8,100 (2,128) -26.3%
Trade, restaurants, and hotels 18,309 18,148 161 0.9%
Transportation, warehouse, and communication
3,549 3,608 (59)
-1.6%
Business services 16,604 20,718 (4,114) -19.9%
Social/community services 781 473 308 65.1%
Others * 48,378 46,000 2,378 5.2%
TOTAL 123,637 127,581 (3,944) -3.1%
* It includes consumer mortgages. auto loans. and others. as well as consumer financing receivables from subsidiaries
Loan Interest Rate Restructured Loans
In 2025, the average annual interest rate charged to Restructured loans include those with extended terms
debtors by the Bank was 8.25% for Rupiah loans and 5.27% and/or reduced interest rates. As of 2024, the total
for foreign currency loans, compared to 8.70% and 6.14%, amount of restructured loans reached Rp4.5 trillion
respectively, in the previous year. (gross) compared to Rp6.5 trillion (gross) in the previous
year.
Syndicated Loan
As of 31 December 2025 and 2024, the Bank’s syndicated Non-Performing Loans
loan portfolio totaled Rp8.6 trillion and Rp13.6 trillion, As of 31 December 2025 and 2024, in accordance with
respectively. As of 31 December 2025, the Bank’s Bank Indonesia Circular Letter No. 13/30/DPNP dated
participation as a syndicate lead arranger ranged 16 December 2011. the consolidated Non-Performing Loans
from 5% to 50% (31 December 2024: 5% to 67%). while its (NPL) ratio calculated on a gross basis was 2.17% and
participation as a syndicate member ranged from 3% to 2.68%. respectively. When calculated on a net basis the
25% (31 December 2023: 3% to 25%) of total syndicated NPL ratios were 1.31% in 2025 and 1.42% in 2024.
facilities.
The improvement in the NPL ratio was supported by
Joint Financing Loans improved loan quality and increased loan balances.
The Bank enters into agreements for joint financing, Additionally, the Bank’s Loan at Risk (LAR) ratio improved
particularly with subsidiaries such as WOM and MIF to 6.67% in December 2025 compared to 8.22% in the
to fund retail auto loans. The Bank’s loan risk in these previous year.
joint financing arrangements is associated with the
subsidiary’s debtors. Allowance for Impairment Losses (CKPN)
The allowance for impairment losses required for loans
In 2025, there was no balance in the joint financing granted, in line with the Financial Services Authority’s
facilities with WOM (31 December 2024: none). The total provisions for the calculation of the Capital Adequacy
balance of joint financing facilities with MIF as of Ratio (KPMM) amounted to Rp2.7 trillion as of 31 December
31 December 2025 was Rp11.4 trillion (31 December 2024: 2025, compared to Rp3.7 trillion as of 31 December 2024.
Rp10.3 trillion). This amount is recorded under Auto Loan Management believes that this allowance is adequate.
and Sharia Loan as well as other types of loans.
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Acceptance Receivables
In 2025, the Bank recorded acceptance receivables of Rp1.9 trillion, a 21.9% increase from Rp1.6 trillion in 2024. This rise
corresponds with an increase in the value of the account in foreign currency. Based on collectability, all acceptance
receivables are classified as current in 2025.
Deferred Tax Assets
In 2025, the Bank’s deferred tax assets amounted to Rp324.6 billion compared to Rp613.1 billion in the previous year.
Fixed Assets and Right-of-Use Assets
The Bank reported Rp3.8 trillion in fixed assets and right-of-use assets in 2025 reflecting a 5.1% decrease from Rp4.0
trillion in the previous year. This decline is aligned with the lower of asset acquisition costs.
As of 31 December 2025 and 2024, the Bank’s additions and reductions in fixed assets primarily involved computer
hardware, ATM machines, land, buildings, and motor vehicles used in the Bank’s operational activities.
Intangible Assets
Intangible assets in 2025 included software worth Rp341.5 billion and goodwill worth Rp7.1 billion compared to Rp359.2
billion and Rp7.1 billion, respectively, in the previous year.
The Bank’s additions and reductions in intangible assets as of 31 December 2025 and 2024 primarily related to software
and licenses used in the operational activities of the Bank and its subsidiaries.
Prepaid Expenses and Other Assets
In 2025, Maybank Indonesia recorded prepaid expenses and other assets of Rp6.4 trillion, reflecting a 38.0% increase
from Rp4.6 trillion in the previous year. The prepaid expenses primarily consist of prepaid taxes, fixed asset maintenance
and software maintenance.
LIABILITIES
(in billion Rupiah)
Growth
Liabilities 2025 2024
Nominal Percentage
Liabilities
Obligations due immediately 2,316 1,071 1,245 116.3%
Deposits from customers 116,194 119,004 (2,810) (2.4%)
Deposits from Other Banks 9,130 6,020 3,109 51.6%
Securities purchased under resale agreement 7,859 14,803 (6,944) (46.9%)
Derivatives Payables 1,371 1,356 14 1.0%
Acceptances payables 1,890 1,416 474 33.5%
Securities issued 3,972 3,714 258 7.0%
Borrowings 14,042 14,427 (385) (2.7%)
Taxes Payable 314 316 (3) (0.8%)
Accrued expenses and other liabilities 3,448 3,745 (297) (7.9%)
Subordinated bonds 100 99 0,4 0.0%
TOTAL LIABILITIES 160,634 165,971 (5,337) (3.2%)
Obligations due Immediately
In 2025, the Bank recorded obligations due immediately of Rp2.3 trillion, an increase of 116.3% from the previous year. This
increase was mainly influenced by an increase in immediate liabilities in Rupiah from Rp1.0 trillion to Rp2.2 trillion, which
originated from an increase in liabilities related to customer deposits and other banking liabilities.
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Deposits from Customers
In 2025, total customer deposits amounted to Rp116.2 trillion, a decrease of 2.4% compared to Rp119.0 trillion in the
previous year.
The Bank’s Low-Cost Funds (CASA) balance grew by 6.3%, reaching Rp66.9 trillion, with Current and Savings accounts
recorded at Rp44.3 trillion and Rp22.5 trillion, respectively. On the other hand, Time Deposits decreased by 12.1%, from
Rp56.1 trillion in 2024 to Rp49.3 trillion in 2025, in line with the Bank’s continued focus on optimising efficient funding. As a
result, the Bank’s CASA ratio increased to 57.6% in 2025, compared to 52.9% in 2024.
The Bank continued to enhance liquidity through low-cost savings by optimizing digital services for customer deposits
and cash management for corporate operational accounts.
Customer deposits in Rupiah still made up a dominant share of 76.2% in 2025, slightly up from 76.6% in the previous year.
The contribution of customer deposits to total liabilities was 72.3% in 2025, compared to 71.7% in the previous year.
(dalam miliar Rupiah)
Growth
Customers Deposit 2025 2024
Nominal Percentage
Current Account 44,344 39,600 4,743 12,0%
Savings 22,527 23,302 (776) (3,3%)
Time Deposits 49,324 56,102 (6,778) (12,1%)
TOTAL 116,194 119,004 (2,810) (2,4%)
Customer Deposit Composition by Type of Product (%)
38.2% 33.3%
Savings
2025 2024 Time Deposits
Current Account
19.6%
42.4% 47.1%
19.4%
The annual average interest rates for the three types of customer deposits are as follows::
2025 2024
Average interest rate paer year
Rupiah Valas Rupiah Valas
Current Account 3.61% 2.47% 3.30% 2.49%
Savings 1.03% 0.72% 1.31% 0.42%
Time Deposits* 2.64% - 3.51% 0.97% - 5.23% 3.43% - 4.56% 1.39% - 2.59%
*≤ 1 month and > 12 months
Deposits from Other Banks
Deposits from other banks serve as a key source of funding for business growth. In 2025, deposits from other banks
were recorded at Rp9,1 trillion, reflecting a 51,6% increase from Rp6,0 trillion in the previous year. The contribution of this
account to total liabilities was 5,7% in 2025, compared to 3,6% in 2024. This growth was primarily driven by an increase in
call money.
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Securities Sold under Repurchase Agreements
Maybank Indonesia recorded Rp7.9 trillion in securities sold under repurchase agreements in 2025, decrease from Rp14.8
trillion in the previous year.
Derivative Payables
Maybank Indonesia’s derivative payables increased by 1.0%, reaching Rp1.4 trillion.
Acceptance Payables
In 2025, the Bank recorded acceptance payables of Rp1.9 trillion, a 33.5% increase compared to Rp1.4 trillion in the
previous year.
Securities Issued
The Bank issues debt securities as a funding source. In 2024, the total amount of outstanding debt securities or bonds
was Rp4.0 trillion, an increase from Rp3.7 trillion in 2024.
The bonds issued by Maybank Indonesia accounted for Rp399.2 billion of the total outstanding bonds. The remaining
bonds were issued by subsidiaries, with Maybank Indonesia Finance issuing Rp1,2 trillion and WOM Finance issuing Rp2.4
trillion, More detailed information on these debt securities can be found in the bond overview section and company
profile related to the bond listing chronology.
The composition of debt securities, in the form of consolidated corporate bonds issued by Maybank Indonesia and its
subsidiaries, is as follows:
Securities Issued Composition
10.1% 18.8%
30.1% 24.2%
MIF
2025 2024 WOM
MBI
59.8% 57.0%
In both 2025 and 2024, the Bank and its subsidiaries complied with the provisions related to restrictions and obligations
as outlined in the Trustee Agreement, The funds raised through the issuance of Maybank Indonesia bonds were used to
enhance earning assets to expand the Bank’s business, primarily for loan disbursement.
Borrowings
On a consolidated basis, the Bank obtained loans from third parties, with most of the funds being used by subsidiaries
to support auto loans, In 2025, the total loans received amounted to Rp14.0 trillion, an decrease from Rp14.4 trillion in the
previous year. Of the total borrowings, interbank borrowings declined, particularly in foreign currencies, to Rp4.1 trillion
from Rp7.7 trillion previously. Meanwhile, interbank borrowings denominated in Rupiah increased to Rp3.7 trillion from
Rp1.0 trillion previously.
Tax Payables
In 2025, Maybank Indonesia recorded Rp313.7 billion in tax payables, a decrease from Rp316.3 billion in the previous year,
This reduction aligns with the decline in taxable income for the Bank and its subsidiaries.
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Accrued Expenses and Other Liabilities
The accrued expenses and other liabilities accounts decreased mainly from provisions for employee benefits and
accrued interest. In total, this account reached Rp3.4 trillion, reflecting a 7.9% decrease from Rp3.7 trillion in the previous
year.
Subordinated Loans and Bonds
The Bank did not issue any subordinated bonds in 2025, and by the end of the year, the balance of outstanding
subordinated bonds was zero.
EQUITY
In 2025, the Bank’s total equity amounted to Rp33,1 trillion, an increase of 6.0% from Rp31.2 trillion in 2024. This growth was
mainly due to a 6.9% increase in retained earnings, which rose to Rp18.7 trillion from Rp17.5 trillion in the previous year.
(in billion Rupiah)
Growth
Equities 2025 2024
Nominal Percentage
Issued and fully paid capital 3,856 3,856 - 0.0%
Additional paid-in capital 6,357 6,357 - 0.0%
Other equity components 2,802 2,167 635 29.3%
General reserve 771 771 - 0.0%
Retained earnings 18,667 17,456 1,211 6.9%
Non-controlling interest 630 602 29 4.8%
TOTAL 33,083 31,208 1,875 6.0%
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
(in billion Rupiah)
Growth
Consolidated Income Statement 2025 2024
Nominal Percentage
Interest and Syariah income 13,206 13,062 144 1.1%
Interest and Syariah expenses 5,984 5,957 27 0.5%
Net interest and Syariah income 7,222 7,105 116 1.6%
Total other operating income 2,327 2,152 175 8.1%
Operating income - gross 9,549 9,258 291 3.1%
Total other operating expenses 6,449 6,300 150 2.4%
Operating income before provision - net 3,099 2,958 141 4.8%
Provision Expense 976 1,369 (393) -28.7%
Operating income after provision - net 2,123 1,589 534 33.6%
Non-operating income - net 100 12 88 755.4%
Profit before tax 2,223 1,600 622 38.9%
Tax expense - net (521) (402) (119) 29.6%
Profit after tax 1,702 1,199 504 42.0%
Non-controlling interest 45 83 (38) -45.8%
Profit after tax and Controlling Interest (PATAMI) 1,657 1,116 541 48.5%
Earnings per share (full amount) 21,8 14,6 7 48.6%
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Interest and Sharia Incomes
In 2025, Maybank Indonesia recorded consolidated net interest and sharia income of Rp13.2 trillion, up 1.1% from Rp13.1 trillion
in 2024 along with an increase in the average loan balance and marketable securities. Interest and sharia income were
mainly contributed by an increase in loans, sharia, consumer financing, and marketable securities of 0.2%, 1.1%, 0.4% and 8.7%,
respectively.
(in billion Rupiah)
Growth
Interest and Shariah Incomes 2025 2024
Nominal Percentage
Loans 6,184 6,171 13 0.2%
Shariah 2,667 2,637 30 1.1%
Consumer financing receivables - net 2,194 2,186 8 0.4%
Marketable securities 2,004 1,843 160 8.7%
Placements with Bank Indonesia and other banks 144 220 (77) (34.7%)
Others 13 5 9 183.0%
Total Interest and Shariah Income 13,206 13,062 144 1.1%
Interest Income and Shariah Components
20.2% 20.2%
16.6% 16.7% Loans
Shariah
2025 2024 Consumer financing receivables - net
15.2% 14.1% Marketable securities
46.8% 47.2% Others
1.2% 1.7%
Interest and Shariah Expenses
Through disciplined cost control, Maybank Indonesia’s interest expense remained manageable, increasing by 0.5% in 2025
reaching Rp6.0 trillion, relative stable compared with Rp6.0 trillion in 2024. This increase was primarily driven by expenses from
time deposit, borrowings, and demand deposit, which rose by 1.6%, 12.1%, and 22.0%, respectively.
Interest expense from time deposits accounted for the largest portion, 31.8% from 31.5% in 2024. Meanwhile, CASA interest
expense increased to 18.9% from 16.8% the previous year.
(in billion Rupiah)
Growth
Interest and Shariah Expenses 2025 2024
Nominal Percentage
Time deposits 1,903 1,874 30 1.6%
Shariah 1,190 1,061 128 12.1%
Borrowings 1,166 1,348 (182) -13.5%
Demand deposits 932 764 168 22.0%
Securities issued 221 273 (52) -19.0%
Premium on third party fund guarantee 244 241 3 1.1%
Savings 196 237 (41) -17.2%
Call money 124 151 (27) -18.0%
Subordinated bonds 8 8 (0) -0.2%
Total Interest and Shariah Expenses 5,984 5,957 27 0.5%
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Interest Expense Components and Shariah
Time deposits
19.5% 22.6%
Borrowings
15.6% 12.8%
Shariah
19.9% 17.8%
2025 2024 4.7%
Current accounts
3.8%
Securities issued and Subordinated
3.3% 4.0%
Bonds
31.8% 6.1% 31.5% 6.6%
Savings
Others
Net Interest Income Profit Before Income Tax
In 2025, the Bank recorded net interest income of Rp7.2 In 2025, the Bank posted a profit before tax of Rp2.2 trillion,
trillion, increased by 1.6% from Rp7.1 trillion in 2024. This an increase of 38.9% from the previous figure of Rp1.6
achievement was supported by disciplined cost control trillion. This achievement was mainly driven by efficient
and consistent efforts to improve operational efficiency. overhead cost management and a reduction in provision
The Bank recorded a Net Interest Margin (NIM) of 4.31%, costs in line with improvements in asset quality.
slightly decline of 6 bps compared to 4.37% in 2024.
Net Profit After Tax and Non-Controlling Interests
Other Operating Income (PATAMI)
In 2025, the Bank recorded other operating income In 2025, the Bank recorded a Consolidated Net Profit After
(fee-based income) of Rp2.3 trillion, an increase of 8.1% Tax and Non-Controlling Interests (PATAMI) up 48.5% to
compared to Rp2.2 trillion in 2024. This positive growth was Rp1.7 trillion from Rp1.1 trillion in 2024.
primarily driven by gains on the sale of trading securities
and financial investments, gains on foreign exchange Earnings per Share
transactions, as well as recovery-related and wealth Earnings per Share (EPS) in 2025 amounted to Rp21.8 per
management income. share, increase from Rp14.6 per share in 2024.
Other Operating Expenses Other comprehensive income - net of tax
Other Operating Expenses (Overhead costs) of Rp6.4 Other comprehensive income – net of tax in 2025 was
trillion, better managed increased by 2.4%, backed by the recorded at Rp644.1 billion, increasing from Rp20.7 billion
Bank’s efforts to optimise operational costs. in 2024, primarily attributable to changes in the fair value
of available-for-sale financial investments.
Provision Expenses
Provision expenses include allowances for impairment Profit for the Year Attributable to Owners of the
losses on financial instruments as well as allowances Parent Entity
for losses on non-productive assets. In 2025, the Bank Profit for the year attributable to Owners of the Parent
recorded provision expenses of Rp976.3 billion, lower Entity reached Rp1.7 trillion in 2025, increasing by 48.5%
compared to Rp1.4 trillion in 2024, mainly from loans compared to Rp1.1 trillion in the previous year.
provisions.
Comprehensive Profit for the Year Attributable to
The decline was in line with the Bank’s efforts to improve Owners of the Parent Entity
credit quality through the acceleration of recovery Comprehensive profit for the year attributable to Owners
processes for non-performing loans, as well as proactive of the Parent Entity reached Rp2.3 trillion in 2025, an
identification of customers who have the potential to increase of 102.4% compared to Rp1.1 trillion in the previous
experience a deterioration in credit quality. year.
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CONSOLIDATED CASH FLOW STATEMENT
(in billion Rupiah)
Growth
Cash Flow Statement 2025 2024
Nominal Percentage
Cash flows from operating activities
Cash flows from operating activities before
changes in operating assets and liabilities 2,300 2,868 (568) (19.8%)
Net cash provided by/(used in) operating activities 2,114 (7,314) 9,427 (128.9%)
Cash flows from investing activities
Net cash provided by/(used in) investing activities 2,302 (7,230) 9,532 (131.8%)
Cash flows from financing activities
Net cash used in/(provided by) financing activities (7,769) 18,005 (25,773) (143.1%)
(Decrease)/Increase in cash and cash equivalents (3,353) 3,461 (6,814) (196.9%)
Cash and cash equivalents at beginning of year 18,129 14,413 3,716 25.8%
Effect of foreign currency exchange rate changes 227 255 (28) (10.8%)
Cash and cash equivalents at the end of year 15,004 18,129 (3,125) (17.2%)
Cash Flows from Operating Activities Cash Flows from Financing Activities
In 2025, the Bank reported that net cash obtained from In 2025, Maybank Indonesia reported a deficit of Rp7.8
operating activities recorded a surplus of Rp2.1 trillion. trillion in net cash obtained from funding activities. In
In the previous year, net cash obtained from operating the previous year, the Bank reported net cash used
activities recorded a deficit of Rp7.3 trillion. This was for funding activities of Rp18.0 trillion. In 2025, the Bank
mainly influenced by an increase in loans and sharia recorded purchases of securities sold under repurchase
receivables/financing, which recorded a surplus of Rp2.6 agreements worth Rp6.9 trillion and repayments from
trillion, as well as obligations due immediately recorded securities issued of Rp2.5 trillion.
at a surplus of Rp1.2 trillion, compared to a previous year
recorded deficit of Rp12.9 trillion and Rp6 billion. KEY FINANCIAL RATIOS
Maybank Indonesia is committed to performing its
Cash Flows from Investing Activities intermediary function in the distribution of loans to
In 2025, Maybank Indonesia posted a net cash surplus various customer segments by consistently complying
from investment activities of Rp2.3 trillion, mainly due with the provisions of Bank Indonesia, the Financial
to the sale of marketable securities measured at fair Services Authority, and applicable laws and regulations.
value through other comprehensive income worth Rp2.0 In carrying out its business activities, the Bank consistently
trillion. In the previous year, the Bank reported that net implements the principles of good corporate governance
cash obtained from investment activities was a deficit of and prioritizes the principle of prudence to maintain
Rp7.2 trillion due to the purchase of marketable securities stability and sustainability of its performance.
measured at fair value through other comprehensive
income valued at Rp8.2 trillion.
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In 2025, Maybank Indonesia met all compliance ratio requirements set by the regulator on an ongoing basis, including
capital ratios, productive asset quality, profitability, liquidity, and other compliance indicators, as presented below:
Key Financial Ratio 2025 2024 2023 2022 2021*
Capital
Capital Adequacy Ratio (CAR) 27.31% 25.55% 27.74% 26.65% 27.10%
Tier 1 Capital CAR 26.14% 24.39% 26.57% 25.57% 25.89%
Supplementary Capital CAR 1.17% 1.16% 1.17% 1.08% 1.21%
Asset Quality
1. Non-performing earning assets and non-performing non- 1.08% 1.36% 1.55% 1.88% 2.71%
producing assets to total earning assets and non-producing
assets
2. Non-performing earning assets to total earning assets 1.47% 1.82% 2.08% 2.49% 2.32%
3. Non-performing loan ratio (NPL) - Gross 1.97% 2.35% 2.36% 2.45% 2.18%
4. Non-performing loan (NPL) ratio - Net 2.17% 2.68% 2.92% 3.46% 3.69%
5. Provision for impairment losses on financial assets to earning 1.31% 1.42% 1.88% 2.34% 2.56%
assets
Revenues
1. Return on Average Assets (ROA) 1.16% 0.85% 1.41% 1.25% 1.34%
2. Return on Average Equity (ROE) 5.54% 3.93% 6.20% 5.44% 6.36%
3. Net Interest Margin (NIM) 4.31% 4.37% 4.96% 4.89% 4.69%
4. Other Operating Income to Operating Income (BOPO) Ratio 86.33% 89.56% 83.13% 83.10% 82.69%
5. Cost to income ratio (CIR) 68.52% 69.02% 63.84% 63.25% 59.62%
Liquidity
1. Loan to Deposit Ratio (LDR) 103.62% 101.85% 96.32% 98.31% 86.18%
2. Leverage Ratio 14.97% 13.99% 15.96% 16.67% 15.74%
3. Liquidity Coverage Ratio (LCR) 176.20% 185.35% 210.22% 172.28% 183.97%
4. Net Stable Funding Ratio (NSFR) 119.94% 109.00% 114.19% 108.09% 109.03%
Compliance
1. a. Percentage of BMPK Violations - - - - -
i. Related Party - - - - -
ii. Unrelated Party
b. Percentage of LLL Exceedance
i. Related Party - - - - -
ii. Unrelated Party - - - - -
2. Statutory Reserve Requirement (GWM)
a. GWM Rupiah
i. Daily 5.07% 8.33% 7.12% 8.47% 4.13%
ii. Average 5.30% 7.65% 8.81% 8.18% 3.71%
b. Foreign Exchange GWM 4.37% 4.38% 4.58% 4.45% 4.47%
3. Net Open Position 3.88% 4.66% 3.81% 2.15% 2.86%
*) After restatement in accordance with DSAK-IAI press release on ‘Attribution of Benefits in the Service Period’.
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PRIME LENDING RATE
The Bank uses the Prime Lending Rate (SBDK) as the basis to determine the lending rate to be charged to its customers,
The calculation of the Prime Lending Rate only applies to loans denominated in Rupiah. The Prime Lending Rate does
not take into account the estimated risk premium component, the amount of which depends on the Bank’s assessment
of the risk of each debtor or group of debtors, Therefore, the amount of the credit interest rate charged to debtors may
differ from the Prime Lending Rate.
In determining the Prime Lending Rate, the Bank takes into account 3 (three) components, namely the Cost of Funds
for Credit (HPDK) arising from customer fund raising activities, overhead costs incurred by the Bank in the form of non-
interest operating costs incurred for fund raising and lending activities, including taxes that must be paid, and the profit
margin components determined by the Bank in lending activities.
However, the Prime Lending Rate calculation does not take into account the risk premium component of each customer,
The estimated risk premium is the Bank’s assessment of the prospects for loan repayment by prospective debtors.
Maybank Indonesia has reported the calculation of Prime Lending Rate (SBDK) to Bank Indonesia and published 4
(four) types of loans in Rupiah, namely corporate loans, retail loans, micro loans, and consumer loans (consisting of
mortgages and non- mortgages) for the Prime Lending Rate period of March, June and September 2025.
The Financial Services Authority has issued the most recent related regulations, namely POJK No. 13 of 2024 concerning
Transparency and Publication of Prime Lending Rates for Conventional Commercial Banks, replacing OJK Regulation
(POJK) No. 37/POJK.03/2019 concerning Transparency and Publication of Bank Reports and OJK Circular Letter No. 9/
SEOJK.03/2020 concerning Transparency and Publication of Conventional Commercial Bank Reports. Based on these
regulations, Maybank Indonesia has adjusted the Prime Lending Rate for the December 2025 period.
Maybank Indonesia periodically reviews the Prime Lending Rate through the Assets & Liabilities Management Committee
(ALCO) Meeting and has published it through the Bank’s website (https://www.maybank.co. id/others/SBDK).
Information regarding the Maybank Indonesia Prime Lending Rate (SBDK) Report for the 2025 reporting period is as
follows:
Prime Lending Rate by Credit Segmentation
Non MSME MSME Mortgage/
Non-
Apartment
Periode Mortgage/
Ownership
Corporation Retail Medium Small Micro Non-KPA
Loan
March 7.81% 9.66% 9.66% 9.66% N/A 9.64% 10.43%
June 7.56% 9.41% 9.41% 9.41% N/A 9.39% 10.18%
September 7.56% 9.41% 9.41% 9.41% N/A 9.39% 10.18%
December 7.56% 9.31% 9.31% 9.31% N/A 9.39% 10.18%
DEPOSIT INTEREST RATE
Information regarding the average interest rate for Current Accounts, Savings and Time Deposits in the last two years is
as follows
Savings Interest Rate
Interest Rate
Description
2025 2024
Rupiah 1.03% 1.31%
Foreign exchange 0.72% 0.42%
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Current Account Interest Rate
Interest Rate
Description
2025 2024
Rupiah 3.61% 3.30%
Foreign exchange 2.47% 2.49%
Time Deposits Interest Rate
Interest Rate
Description
2025 2024
Rupiah 2.64% - 3.51% 3.43% - 4.56%
Foreign exchange 0.97% - 5.23% 1.39% - 2.59%
COMMITMENTS AND CONTINGENCIES
Maybank Indonesia is committed to providing customers with loan facilities, including commitment and contingency
facilities, such as bank guarantees and standby Letters of Credit (L/C). In 2025, the cumulative total commitment
and contingency liabilities were recorded at Rp2.4 trillion and Rp4.9 trillion, respectively. The Bank’s commitments and
contingencies, along with their comparisons over the past two years, are presented in detail as follows:
(in billion Rupiah)
Growth
Commitments and Contingencies 2025 2024
Nominal Percentage
Commitments
Commitment Receivables
Others - - - -
Total Commitment Receivables - - - -
Commitment Liabilities
Unused loan commitments granted to customers 1,658 1,022 636 62.2%
Outstanding irrevocable L/Cs 764 547 217 39.7%
Others - - - -
Total Commitment Liabilities 2,422 1,570 852 54.3%
Contingencies
Contingent Receivables
Guarantees received 227 27 250 925.9%
Total Contingent Receivables 227 27 250 925.9%
Contingent Liabilities
Guarantees issued in the form of:
Bank guarantees 2,775 2,121 654 30.8%
Standby L/Cs 1,411 932 479 51.4%
Others 759 - 759 100%
Total Contingent Liabilities 4,946 3,052 1894 62.1%
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EARNING ASSETS QUALITY REPORT AND OTHER INFORMATION
In 2025, Maybank Indonesia consistently maintained the quality of its earning assets by implementing the prudential
principles and strengthening credit risk management. Asset quality performance is reflected in the movement of several
key indicators, such as the non-performing loan (NPL) ratio, which was recorded at 2.17% compared to 2.68% in the
previous year. Changes in the quality of these earning assets are influenced by several factors, including developments
in economic conditions in certain sectors, loan portfolio dynamics, and the ability of debtors to meet payment
obligations.
To mitigate potential risks, the Bank continues to strengthen its credit selection and approval processes, proactively
monitors its portfolio through an early warning system, and implements appropriate handling and restructuring
measures to maintain asset quality and support healthy and sustainable credit growth.
(in million Rupiah)
Individual
No. Items 31 December 2025 (Audited) 31 December 2024 (Audited)
C SM S D L Total C SM S D L Total
I. Related Party
1. Placement with other
banks
a. Rupiah - - - - - - - - - - - -
b. Foreign Exchange 528.438 - - - - 528.438 178.409 - - - - 178.409
2. Spot and Derivatives/
Forward Receivables
a. Rupiah 309.292 - - - - 309.292 368.610 - - - - 368.610
b. Foreign Exchange 195.047 - - - - 195.047 78.013 - - - - 78.013
3. Trading Securities
a. Rupiah 70.756 - - - - 70.756 123.296 - - - - 123.296
b. Foreign Exchange - - - - - - - - - - - -
4. Securities sold under
repurchase agreements
(repo)
a. Rupiah - - - - - - - - - - - -
b. Foreign Exchange - - - - - - - - - - - -
5. Securities purchased
under resale agreements
(reverse repo)
a. Rupiah - - - - - - - - - - - -
b. Foreign Exchange - - - - - - - - - - - -
6. Acceptance Receivables 2.157 - - - - 2.157 - - - - - -
7. Loans and Financing
a. Micro, Small, and
Medium Enterpises
(MSMEs) Debtors
i. Rupiah - - - - - - 34.544 - - - - 34.544
ii. Foreign Exchange - - - - - - - - - - - -
b. Non-Micro, Small, and
Medium Enterpises
(MSMEs) Debtors
i. Rupiah 613.019 - - - 613.019 345.817 - - - - 345.817
ii. Foreign Exchange - - - - - - - - - - - -
c. Credit Restructuring
i. Rupiah 12.248 - - - - 12.248 15.344 - - - - 15.344
ii. Foreign Exchange - - - - - - - - - - - -
8. Capital Investment 584.146 - - - - 584.146 584.146 - - - - 584.146
9. Other Receivables 50.357 - - - - 50.357 15.176 - - - - 15.176
10. Commitment and
Contingencies
a. Rupiah 37.707 - - - - 37.707 443.880 - - - - 443.880
b. Foreign Exchange 92.989 - - - - 92.989 6.828 - - - - 6.828
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(in million Rupiah)
Individual
No. Items 31 December 2025 (Audited) 31 December 2024 (Audited)
C SM S D L Total C SM S D L Total
II. Unrelated Party
1. Placement with other
banks
a. Rupiah 33.080 - - - - 33.080 47.740 - - - - 47.740
b. Foreign Exchange 3.129.875 - - - - 3.129.875 2.508.836 - - - - 2.508.836
2. Spot and Derivatives/
Forward Receivables
a. Rupiah 1.016.216 - - - - 1.016.216 900.781 - - - - 900.781
b. Foreign Exchange 192.272 - - - - 192.272 37.308 - - - - 37.308
3. Trading Securities
a. Rupiah 28.765.052 - - - - 28.765.052 23.837.735 - - - 23.837.735
b. Foreign Exchange 7.044.834 - - - - 7.044.834 3.591.362 - - - - 3.591.362
4. Securities sold under
repurchase agreements
(repo)
a. Rupiah 8.306.914 - - - - 8.306.914 14.469.530 - - - - 14.469.530
b. Foreign Exchange - - - - - - - - - - - -
5. Securities purchased
under resale agreements
(reverse repo)
a. Rupiah 19.307 - - - - 19.307 829.024 - - - - 829.024
b. Foreign Exchange 185.486 - - - - 185.486 9.399 - - - - 9.399
6. Acceptance Receivables 1.916.520 - - - - 1.916.520 1.574.241 - - - - 1.574.241
7. Loans and Financing
a. Micro, Small, and
Medium Enterpises
(MSMEs) Debtors
i. Rupiah 15.674.672 206.305 25.190 24.719 894.266 16.825.152 15.397.046 211.665 32.622 37.936 1.001.813 16.681.082
ii. Foreign Exchange 227.922 6.575 - - 2 234.499 398.276 8.951 - - 2 407.229
b. Non-Micro, Small, and
Medium Enterpises
(MSMEs) Debtor
i. Rupiah 69.575.663 1.894.604 92.817 182.855 1.216.820 72.962.759 72.831.081 1.729.712 106.752 115.503 1.433.569 76.216.617
ii. Foreign Exchange 17.448.629 541.855 - - - 17.990.484 18.935.621 664.912 - - 366.353 19.966.886
c. Credit Restructuring
i. Rupiah 1.314.401 667.347 19.762 39.512 1.173.956 3.214.978 2.607.234 754.536 32.401 27.446 1.530.800 4.952.417
ii. Foreign Exchange 698.223 548.430 - - - 1.246.653 586.166 614.974 - - 366.353 1.567.493
8. Capital Investment 36.939 - - - - 36.939 35.677 - - - - 35.677
9. Other Receivables 1.262.639 14.101 94 28 21.444 1.298.306 1.111.729 13.334 21 4 32.736 1.157.824
10. Commitment and
Contingencies
a. Rupiah 34.300.191 72.472 3 - 15 34.372.681 40.316.739 77.818 - - 295 40.394.852
b. Foreign Exchange 91.418.001 - - - - 91.418.001 68.689.938 - - - - 68.689.938
III. OTHER INFORMATION
1. Total bank assets - -
pledged:
a. To Bank Indonesia - -
b. To Other Party - -
2. Foreclosed assets 652.276 735.274
C: Curent, SM: Special Mention, S: Substandard, D: Doubtful, L: Loss
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OTHER MATERIAL INFORMATION Long-Term Debt Repayment Ability (Solvency Ratio)
One of the key indicators for measuring the solvency ratio
SOLVENCY is the capital ratio, The Capital Adequacy Ratio (CAR)
Maybank Indonesia evaluates its ability to meet both compares a bank’s capital to its Risk-Weighted Assets
short-term and long-term obligations using various (RWA). Maybank Indonesia consistently ensures that its
financial indicators, including ratios, such as liquidity, capital adequacy is sufficient to comply with applicable
solvency, and profitability ratios. The Bank consistently regulations, taking into account the scope of loan risk,
demonstrates excellent ability to meet its financial market risk, and operational risk. This is done to maintain
obligations, as reflected in the assessments of national the Bank’s resilience in supporting sustainable business
and international rating agencies, through the credit growth. In 2025, the Bank’s CAR ratio was recorded at
ratings given to the Bank. 27.31%, significantly higher than the minimum CAR ratio
required by the regulator.
The national rating agency, Pefindo, awarded Maybank
Indonesia a corporate rating of idAAA with a Stable Profitability Ratio
outlook. Additionally, the Bank’s involvement as a Maybank Indonesia evaluates its profitability and
participant in the insurance program at the Deposit performance efficiency through various financial ratios,
Insurance Agency (LPS) further reinforces trust and including Return on Assets (ROA), Return on Equity (ROE),
supports the Bank’s ability to fulfill its obligations to Net Interest Margin (NIM), Cost to Income (CIR), and
stakeholders. Operating Expense to Operating Income (BOPO) ratio.
Short-Term Debt Repayment Ability (Bank Liquidity) In 2025, Maybank Indonesia reported profitability ratios
Maybank Indonesia assesses its ability to meet short- with an ROA of 1.16% and an ROE of 5.54%. The Bank’s Net
term obligations using several liquidity ratios, One of the Interest Margin (NIM) ratio was recorded at 4.31%, while the
indicators of a healthy level of liquidity is by comparing BOPO ratio was recorded at 86.33%.
the amount of loans disbursed to third-party funds
through the Loan to Deposit Ratio (LDR), which reflects Compliance Ratio
the balance between financing disbursement and the In 2025, Bank Indonesia implemented a combination
availability of Bank funding sources. of monetary, macroprudential, and payment system
policies, as well as Rupiah currency management to
Furthermore, Maybank Indonesia uses the Liquidity ensure and maintain Rupiah stability. These policies are
Coverage Ratio (LCR), which compares High Quality Liquid regularly evaluated in response to global and domestic
Assets (HQLA) with the estimated total net cash outflow economic dynamics. The integrated policies involve
for the next 30 days in a crisis scenario. The regulator monitoring a number of banking compliance ratios,
determines a minimum LCR of 100% as stipulated in POJK including the Minimum Statutory Reserve (GWM) ratio,
No. 42/POJK.03/2015 concerning LCR. the Legal Lending Limit (BMPK) ratio, and the Net Open
Position (PDN) ratio.
In 2025, Maybank Indonesia’s LDR ratio reached 90.31%
(Bank only), and the Liquidity Coverage Ratio (LCR) was In 2025, Maybank Indonesia successfully met the
175.83% (Bank only). The Bank also maintained the Net regulator’s BMPK ratio requirements, ensuring there
Stable Funding Ratio (NFSR) by increasing the stability were no violations or surpasses, The Bank also complied
of the Bank’s funding, which is adjusted for the asset with the GWM and PDN ratios, as described in the table
composition and administrative accounts. The NFSR ratio presented in the main financial ratios section.
is calculated by comparing the amount of Available
Stable Funding to the amount of Required Stable Funding.
In 2025, the Bank’s NSFR ratio reached 112.44% (Bank
only), exceeding the regulatory requirement of 100% as
stipulated in POJK No. 50/POJK.03/2017 concerning NSFR.
Overall, based on the calculation of the above ratios,
Maybank Indonesia has met the criteria of “very liquid” in
assessing the health level of banks.
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LOAN COLLECTABILITY LEVEL AND EARNING ASSET QUALITY ANALYSIS
In 2025, Maybank Indonesia consistently managed the quality of its earning assets by implementing the prudential
principles and strengthening credit risk management, The quality of the Bank's earning assets is reflected in the
movement of several key indicators, including the gross NPL ratio (Bank only) of 2.31% and the net NPL ratio of 1.41%, an
improvement compared to the previous year, which were recorded at 2.88% and 1.54%, respectively. On a consolidated
basis, the gross NPL ratio was 2.17% and the net NPL ratio was 1.31% from the previous year's 2.68% (gross) and 1.42% (net).
Meanwhile, the Bank's Loan at Risk (LaR) continued to improve to 6.67% as of December 31, 2025, compared to 8.22% as of
December 31, 2024.
The increase or decrease in productive asset quality is also influenced by the Bank's more selective lending strategy,
including adjusting its risk appetite and focusing on portfolios with more measurable risk profiles. Furthermore, the
Bank continues to strengthen underwriting standards, closely monitor its loan portfolio, and enhance the effectiveness
of its early warning system to identify potential credit deterioration at an early stage. Loan restructuring is pursued for
borrowers with sound business prospects who are affected by short-term liquidity pressures.
As a mitigation measure for earning asset quality, the Bank has increased the adequacy of its allowance for impairment
losses (CKPN) in accordance with applicable accounting standards and regulations, and strengthened the remedial
and recovery processes for non-performing loans. The Bank has also diversified its loan portfolio, tightened risk
concentration management, and strengthened cross-functional coordination to maintain asset quality on an ongoing
basis. With these measures, the Bank is optimistic about maintaining healthy earning asset quality and supporting
sustainable business growth going forward.
Information regarding the classification of loans granted to customers based on collectibility levels is as follows:
(in billion Rupiah)
Changes
Description 2025 2024 2023
2025-2024 2024-2023
Current 117,267 120,666 108,669 -2.8% 19.6%
Special Mention 3,757 3,667 4,086 2.5% 9.4%
Non-Performing 2,614 3,248 3,247 -19.5% -9.8%
Total Non-performing Loan 6,370 6,915 7,333 -7.9% -0.6%
Total Loans - Gross 123,637 127,581 116,002 -3.1% 18.3%
% of overdue amount to the loan amount provided— 5.2% 5.4% 6.3% -0.3% -1.0%
gross
Maybank Indonesia continues to make efforts in terms of controlling loan risk in order to maintain the level of loan
collectability. In 2025, the Bank’s gross non-performing loans amounted to Rp6.3 trillion, representing 5.2% of total loans,
a decrease from 5.4% in 2024.
Maybank Indonesia continues to closely monitor the quality of its loan portfolio and assist affected customers in
managing their obligations, The Bank proactively supports debtors, particularly those who are still impacted by the
pandemic, through ongoing assessments of their business conditions and a focused restructuring approach.
Restructured loans include loans with extended terms and/or reduced interest rates. In 2025, the Bank’s total
restructured loans amounted to Rp4.5 trillion, a decrease of 31.5% or Rp2.1 trillion compared to Rp6.5 trillion in 2024.
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CAPITAL STRUCTURE
Maintained Capital Structure
In compliance to OJK Regulation No. 11/POJK.03/2016 regarding Minimum Capital Adequacy Requirement for
Commercial Banks and OJK Regulation No. 34/POJK.03/2016 regarding changes on POJK No. 11/POJK.03/2016, Bank is
required to provide a minimum capital in accordance with the risk profile. The Bank’s minimum capital based on the
current risk profile is 9% up to less than 10% of Risk Weighted Assets (RWA). In addition to the minimum capital adequacy
requirement in accordance with the risk profile, Bank is also obligated to provide additional capitals as buffers with
breakdown as follows: (i) Capital Conservation Buffer; (ii) Countercyclical Buffer; and/or (iii) Capital Surcharge for
Systemically Important Bank. For FY2024, the additional capital as buffer required are Capital Conservation Buffer of 2.5%,
Countercyclical Buffer of 0%, and Capital Surcharge for Systemically Important Bank of 1%. The Countercyclical Buffer
and Capital Surcharge for Systemically Important Bank requirement will be reviewed by Otoritas Jasa Keuangan twice a
year. All of the required additional capital as buffer must be fulfilled by Common Equity Tier 1 (CET 1).
As of 31 December 2025, the Capital Adequacy Ratio (CAR) for bank only stood at 25.47%, is still well maintained above
the minimum capital requirement after incorporating the required additional capital as buffer. In addition, Tier 1 ratio
(currently same as CET 1 ratio) at 24.30%, also still above the minimum requirement (Tier 1 of 6% and CET 1 of 4.5%), which
indicates that the Bank has the required capital reserves to absorb all identified risks and ensures the availability of
sustainable capital to overcome all risks, especially in the event of a financial and economic crisis that could disrupt
financial system stability.
Bank will constantly maintain its optimum capital structure in order to support the business growth. In addition, Bank will
also maintain sound and robust capital structure to establish more room for optimum business growth, and at the same
time maintaining prudent capital level and in compliance with the prevailing standards.
(in million Rupiah)
2025 2024
Capital
Individual Consolidated Individual Consolidated
Capital
Core Capital (Tier I) 25,326 30,882 23,664 28,879
Supplementary Capital (Tier II) 1,220 1,383 1,225 1,377
Total Capital 26,546 32,265 24,889 30,256
Risk Weighted Assets (RWA)
RWA for Loan Risk 89,582 102,622 89,925 102,154
RWA for Market Risk 4,115 4,117 5,638 5,618
RWA for Operational Risk 10,519 11,400 9,645 10,626
Total RWA 104,217 118,140 105,207 118,398
Capital Ratio
Tier 1 CAR 24.30% 26.14% 22.49% 24.39%
Tier 2 CAR 1.17% 1.17% 1.16% 1.16%
CAR Ratio 25.47% 27.31% 23.65% 25.55%
Management Policy on Capital Structure
The Bank’ management designed an optimal capital structure in the capital planning process and monitored its capital
requirement on a regular basis which supported by data analysis. The optimum capital structure will be constantly
maintained to ensure a strong capital level while at the same time provide sufficient room to support business growth.
Capital requirement of the Bank is calculated using Capital Adequacy Ratio (CAR) tools, which reflects the capability to
cover anticipated loss risk borne by the Bank. The higher CAR indicates the higher capability of the bank to absorb risks
from its loans or other earning assets and to provide contribution to profitability.
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Based on Risk Based Bank Rating (RBBR) assessment INVESTMENT PROPERTY
as of June 2025, the Bank’s risk profile stood at Low to As of the end of 2025, Maybank Indonesia did not hold any
Moderate (2) which implied to minimum total capital of property assets intended for investment purposes.
9% up to less than 10% of Risk Weighted Assets (RWA). In
addition, following POJK No. 34/POJK.03/2016 regarding MATERIAL COMMITMENTS FOR CAPITAL GOODS
changes on POJK No. 11/POJK.03/2016 regarding Minimum INVESTMENT
Capital Adequacy Requirement for Commercial Banks, the As of the end of 2025, Maybank Indonesia did not have
Bank is required to set aside additional Capital as Buffers any material commitments related to capital goods
i.e. Capital Conservation Buffer of 2.5%, Countercyclical investment. Therefore, information regarding the parties
Capital Buffer of 0% and Capital Surcharge for D-SIB buffer involved in these commitments, the purpose of the
of 1%. Thus, the minimum total capital to be fulfilled for commitments, the sources of funds intended to fulfill
2025 is 13.5% of RWA. them, the currency in which the commitments are
denominated, and the action planned to mitigate the
Bank’s CAR (Bank Only) after taking into account credit risks associated with the foreign currency position is not
risk, market risk and operational risk factors as of 31 presented in this Annual Report.
December 2025 (Unaudited) was 25.47%, or still well
maintained above the minimum regulatory requirement. CAPITAL GOODS INVESTMENTS REALIZED IN THE
LAST FISCAL YEAR
The Basis of Management Policy Setting on Capital The Bank made capital goods investments primarily in
Structure land, buildings, computer hardware, ATM machines, motor
In managing its capital plan, the Bank is taking into vehicles, and software, including licenses, all of which
consideration economic forecast, potential business support the Bank's operational activities and are in line
growth, risk appetite, stress test result and the targeted with its ongoing business expansion.
capital ratio. With these consideration in mind, the
Bank will be able to manage through the economic In 2025, Maybank Indonesia invested Rp505 billion
cycle, take advantage of business growth and strategic in capital goods, compared to Rp307 billion in the
opportunities, maximize its shareholders return, previous year. These investments were primarily focused
and operate the business within risk appetite and in on infrastructure development to support digital
compliance with prevailing regulations. development, information technology infrastructure
modernization, as well as enhancing cyber resilience to
To accomplish this objective, Bank’s capital management ensure the Bank's services remain reliable, secure, and
policy is being set to ensure strong capital linkage with competitive. Detailed information regarding capital goods
Bank’s business strategy and future growth and also investments in 2025 and 2024 is presented as follows:
to ensure compliance with the regulation. In addition,
Bank will continuously align its capital management and
financial adequacy to risk appetite in the capital planning
process and Internal Capital Adequacy Assessment
Process (ICAAP).
(in million Rupiah)
Investment Value
No Types of Capital Expenditures Investment Objective
2025 2024
1 Land Offering future benefit values to - 6
support or fulfill the operations needs
2 Buildings, including renovation in line with sustainable business 29 48
expansion
3 Office Equipment 141 261
4 Installations 11 34
5 Motor Vehicles 12 26
6 Software (intangible assets) 114 129
TOTAL 307 505
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MATERIAL INFORMATION AND FACTS SUBSEQUENT TO THE ACCOUNTANT’S REPORT DATE
Maybank Indonesia did not report any material information and facts that occurred after the date of the Accountant’s
Report.
COMPARISON OF TARGETS AND REALIZATIONS 2025
Financial Targets and Realizations
Maybank Indonesia has established several targets for the 2025 financial year, as stated in the Bank’s Business Plan
(RBB), The comparison between the targets set and the actual realization for the 2025 financial year is presented as
follows:
No Description Target 2025* Realisasi 2025**
1 Deposits Rp 128.2 trillion Rp 116.7 trillion
2 CASA Rp 68.9 trillion Rp 67.4 trillion
3 Loans Rp 121.7 trillion Rp 108.6 trillion
4 Total Assets Rp 191.0 trillion Rp 178.8 trillion
5 LDR 91.00% 90.31%
6 NPL - gross 2.66% 2.31%
7 ROA 1.01% 0.94%
8 ROE 5.64% 5.38%
9 NIM 3.46% 3.27%
10 CIR 69.90% 72.63%
11 Operating expenses to operating revenues (BOPO) 86.56% 87.43%
12 CAR 21.72% 25.47%
13 Profit before Tax Rp 1.8 trillion Rp 1.7 trillion
14 Profit after Tax Rp 1.4 trillion Rp 1.3 trillion
* Bank Business Plan/RBB Target (Bank only)
** Performance Realisation (Bank only)
2026 PROJECTIONS Stepping into the next phase of transformation, Maybank
Financial Projections Indonesia is directing its business strategy to align with
Maybank Indonesia's has established targets or the Maybank Group's strategic agenda through ROAR30
projections for the 2026 financial year as follows: as a continuation of the foundation built during the M25+
No Description Projections 2026*
period. This strategy focuses on increasing sustainable
profitability with a target Group Return on Equity (ROE)
1 Deposits Rp 134.3 trillion
in the range of 13-14% by 2030, while strengthening the
2 CASA Rp 71.6 trillion Bank's position as a relevant and adaptive financial
3 Loans Rp 119.9 trillion institution to changes in the industrial landscape. Within
this framework, the Bank focuses on empowering the
4 Total Assets Rp 195.8 trillion
value of Humanising Financial Services, enhancing
5 LDR 89.31%
customer experience, and developing value-based
6 NPL - gross 2.23% services that provide broader economic and social
7 ROA 1.01% impacts.
8 ROE 6.25%
In the future, Maybank Indonesia's strategic direction will
9 NIM 3.45%
focus on strengthening regional capabilities, developing
10 CIR 68.10% integrated solutions across entities through the One
11 BOPO 85.47% Maybank synergy, and expanding integrated wealth
management, Islamic finance, and digital transaction
12 CAR 24.53%
services. ROAR30 also prioritizes investment in technology,
13 Profit before Tax Rp 1.9 trillion data analytics, and artificial intelligence to increase
14 Profit after Tax Rp 1.6 trillion productivity and strengthen service quality across
* Bank Business Plan/RBB Target (Bank only)
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all customer segments. This measure is in line with and regulations while adhering to Good Corporate
Maybank's vision to strengthen its position as a preferred Governance principle and protecting the Bank’s interests,
regional partner in ASEAN and support real economic The Board of Directors Regulation provides guidelines
growth through financing for MSMEs and strategic sectors. for implementing activities for work units related to the
Bank’s Dividend Distribution to Shareholders, aiming to
In line with the Maybank Group's vision and objectives, and facilitate a more effective, accountable, organized and
taking into account Maybank Indonesia's key focus areas, timely process while ensuring compliance with prevailing
the Bank's Management has translated the M30 Strategic regulations.
Plan into a core strategy that serves as the framework for
developing the Bank's Business Plan (RBB) for 2026 and Dividend for Financial Year 2021
the years to come. By implementing the M30 strategy, the In accordance with the decision of the Annual GMS
Bank not only adapts to change but also strives to create held on March 25, 2022, the Bank distributed dividends
new opportunities to provide added value to customers, for the 2021 Fiscal Year. From the Bank's net profit for
the community, and stakeholders. As One Team One the 2021 Fiscal Year amounting to Rp1,644,969,584,617,
Direction New Energy, the Bank will continue to ignite new Rp6.47496 (six point four seven four nine six cents) per
enthusiasm in every business step, The Bank carries out share or 30% of the net profit with a total maximum
these efforts to deliver continuous innovation, strengthen of Rp493,490,875,385 was distributed as dividends to
synergies, and encourage inclusive and sustainable shareholders.
growth for Maybank Indonesia.
Dividend for Financial Year 2022
Internally, the M30 direction is a long-term horizon that In line with the decision made at the Annual GMS held on
is the final target of the ROAR30 implementation, while March 31, 2023, the Bank has paid dividends for Financial
also marking a phase of strengthening operational Year 2022. Of total net profits of Rp1,471,070,391,742 for
foundations, organizational culture, and increasingly Financial Year 2022, a divicend of Rp7.72061 (seven
mature risk management. Maybank Indonesia will point seven two zero six one cent) per share or 40%
continue to drive quality-based growth, expand digital of the maximum total net profit with the amount of
capabilities, and strengthen differentiation through sharia Rp588,428,156,697 was paid to the shareholders.
values and sustainability as part of the Bank's long-term
strategy. With this foundation, the Bank is optimistic that it Dividend for Financial Year 2023
can maintain its competitiveness in the national banking In line with the decision made at the Annual GMS held
industry while creating sustainable added value for all on April 1, 2024, the Bank paid dividends for Financiall
stakeholders until 2030. Year 2023. Of total net profits of Rp1,743,406,226,869 for
Financial Year 2023, as a dividend of Rp10.29365 (ten
DIVIDEND DISTRIBUTION POLICY rupiah point two nine three six five cents) per share or
Dividend Policy 45% of the maximum total net profit with the amount of
The Bank distributes Dividends in accordance with the Rp784,532,802,091 was paid to the shareholders.
prevailing regulations in Indonesia, particularly those
related to capital markets, stock exchanges, taxation, Dividend for Financial Year 2024
and banking, Dividend distribution must be approved In accordance with the decision of the Annual GMS
by shareholders in the General Meeting of Shareholders held on April 11, 2025, the Bank distributed dividends for
(GMS). the 2024 Fiscal Year. From the net profit of the Bank for
the 2024 Fiscal Year amounting to Rp1,115,963,322,571,
In accordance with the Financial Services Authority Rp5.85691 (five point eight five six nine one cent) per
Regulation of the Republic of Indonesia Number 17 of share or 40% of the net profit with a total maximum
2023 concerning the Implementation of Governance for of Rp446,385,329,029 was distributed as dividends to
Commercial Banks and to enhance the management of shareholders.
Shareholders' rights in the implementation of Dividend
Distribution, the Bank has established an Internal Policy Dividend for Financial Year 2025
regarding Dividend Distribution, which is outlined in the The decision to determine the distribution of dividends
Board of Directors Regulation No, PER,DIR,2024,001/DIR from the Bank's net profit for the Financial Year 2025 will
COMPLIANCE concerning the "Guidelines for the Process be submitted at the 2026 Annual GMS.
and Mechanism of the Corporate Dividend Payment
to Shareholders,” This internal policy is to ensure that
the Bank's Dividend Distribution to Shareholders can
be implemented in compliance with applicable laws
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Detailed information regarding dividend payments made by the Bank for over the past 5 financial years is as follows:
Percentage Dividend per
Total Dividend
of Dividends Share Announcement
Fiscal Year AGMS Date Payment Payment Date
Distributed to Net (Rp full Date
(Rp billion)
Profit amount)
2025 The decision to determine the distribution of dividends from the Bank’s net profit for the Financial Year 2025 will be
made at the 2025 Annual GMS.
2024 11 April 2025 40% 5.85691 446.4 14 April 2025 9 May 2025
2023 1 April 2024 45% 10.29365 784.5 2 April 2024 30 April 2024
2022 31 March 2023 40% 7.72061 1.471.1 3 April 2023 28 April 2023
2021 25 March 2022 30% 6.47496 493.5 29 March 2022 28 April 2022
EMPLOYEE AND/OR MANAGEMENT STOCK OTHER IMPORTANT TRANSACTIONS IN SIGNIFICANT
OWNERSHIP PROGRAM (ESOP/MSOP) AMOUNTS
As of the end of 2025, Maybank Indonesia did not have In 2025, Maybank Indonesia did not conduct any other
a stock option program for the Board of Directors, Board substantial transactions involving significant amounts,
of Commissioners, or employees. Therefore, the Bank aside from those already disclosed in this Management
does not provide information regarding the number of Discussion and Analysis chapter.
ESOP/MSOP shares, their realization, the time period, the
requirements for employees and/or management who MATERIAL TRANSACTIONS RELATED TO
are eligible, and the exercise price. INVESTMENT, EXPANSION, DIVESTMENT,
ACQUISITION, AND RESTRUCTURING
REALIZATION OF THE USE OF PROCEEDS FROM THE Investment
PUBLIC OFFERING In 2025, Maybank Indonesia did not engage in any
In 2025, Maybank Indonesia did not issue any securities. investment activities; therefore, information related to the
objectives, transaction values, and sources of funds for
SIGNIFICANT CHANGES IN THE BANK AND THE BANK investment activities is withheld.
BUSINESS GROUP IN 2025
Throughout 2025, there were no significant changes in the Expansion
Bank or its Business Group. In 2025, Maybank Indonesia did not undertake any
expansion activities; therefore, information related to the
SIGNIFICANT PROHIBITIONS, RESTRICTIONS, AND objectives, transaction values, and sources of funds for
CONSTRAINTS TO TRANSFER FUNDS BETWEEN THE expansion activities is withheld.
BANK AND OTHER ENTITIES IN THE BUSINESS GROUP
In 2025, Maybank Indonesia did not record any significant Divestment
prohibitions, restrictions, or constraints in transferring In 2025, Maybank Indonesia did not engage in any
funds between the Bank and other entities within the divestment activities; therefore, information related to the
business group. objectives, transaction values, and funding sources for
divestment activities is withheld.
PROVISION OF FUNDS, COMMITMENTS, AND OTHER
FACILITIES Acquisition
In accordance with the Bank’s internal policy regarding In 2025, Maybank Indonesia did not pursue any acquisition
the provision of funds to related parties (individuals activities; therefore, information related to the objectives,
and groups, including Executive Officers, Board of transaction values, or funding sources for acquisition
Directors, and Board of Commissioners of the Bank), activities is withheld.
such transactions have been conducted fairly, with
reasonable terms, and with the approval of the Board of Restructuring
Commissioners, Details regarding transactions involving There were no debt or capital restructuring activities in
the provision of funds to related parties are discussed 2025. As a result, Maybank Indonesia does not provide
under Material Transactions with Conflict of Interest and information regarding the objectives, transaction values,
Transactions with Affiliated Parties/Related Parties. or funding sources for restructuring activities.
218 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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MATERIAL TRANSACTIONS CONTAINING CONFLICTS The Bank and its subsidiaries conduct transactions with
OF INTEREST AND TRANSACTIONS WITH AFFILIATED/ related parties in accordance with the provisions of the
RELATED PARTIES Statement of Financial Accounting Standards (PSAK)
Transactions Containing Conflict of Interest No. 7 regarding "Related Party Disclosures". The types of
In 2025, Maybank Indonesia did not engage in any transactions and balances with related parties, whether
conflict of interest transactions; accordingly, the Bank or not carried out with the same normal terms and
has no disclosures regarding the parties involved, their conditions as for unrelated parties, are disclosed in the
affiliations, transaction fairness assessments, transaction notes to the consolidated financial statements.
rationale, realization of transactions during the financial
year, related internal review policies, or compliance with Fairness, Review Mechanisms, and Compliance
applicable regulations and provisions. with Provision and Regulations on Transactions with
Affiliated Parties
Transactions with Affiliated or Related Parties Transactions with related parties are conducted under
In 2024, there were Affiliated Transactions conducted the same terms and conditions as those with third parties,
while still complying with the provisions of the Financial with the exception of loans granted to key employees.
Services Authority Regulation No. 42/POJK.04/2020 Maybank Indonesia’s affiliate transactions comply with
concerning Affiliated Transactions and Conflict of Interest the requirements outlined in Financial Services Authority
Transactions (“POJK 42”) implemented by Maybank Regulation No. 42/POJK.04/2020 regarding Affiliate
Indonesia. Affiliate Transactions carried out by Maybank Transactions and Conflict of Interest Transactions at the
Indonesia have been conducted in accordance with the time the transactions are conducted. As part of its regular
provisions of POJK 42, including by applying the “arm’s business activities, the Bank conducts transactions with
length” principle and carrying out procedures to ensure related parties due to ownership and/or management
that affiliated transactions are in accordance with relationships. All related party transactions follow mutually
generally accepted business practices and meet the agreed-upon policies and terms and conditions.
principles of fair transactions.
Reasons Behind Transactions with Related Parties
Aligning with POJK 42, Affiliate Transactions are not all Transactions with related parties are mainly conducted
required to be reported to the Financial Services Authority to support the benefit and sustainability of the Bank's
(“OJK”) and the Indonesia Stock Exchange (“IDX”) if they operations and are associated with the lending and
do not meet the criteria that must be reported to the OJK borrowing of funds as part of regular business activities.
and IDX. All Affiliate Transactions conducted by Maybank
Indonesia in 2024 did not contain a Conflict of Interest as Statement of the Board of Directors and the Board of
referred to in Financial Services Authority Regulation No. Commissioners on Affiliated Transactions
42/POJK.04/2020 on “Affiliate Transactions and Conflict of The Board of Directors states that every affiliated
Interest Transactions”. transaction conducted by the Bank follows proper
procedures to ensure that the affiliated transaction
In 2025, Maybank Indonesia conducted transactions with is conducted in accordance with generally accepted
related parties because the entities are under the same business practices, including through a review process
control and/or management in its business activities. In carried out in accordance with the arm's-length principle,
these affiliated/related transactions, Maybank Indonesia as well as taking into account the provisions of Article 3 of
provides the role of the Board of Commissioners and the POJK 42.
Audit Committee in ensuring that the transactions are
conducted in accordance with the arm's length principle. The Board of Commissioners and the Audit Committee
Furthermore, the Board of Directors ensures that affiliated play a critical role in conducting adequate procedures
transactions follow proper procedures and adhere to to ensure that affiliated transactions are conducted in
generally accepted business practices. accordance with generally accepted business practices,
including by adhering to the arm's-length principle.
The Board of Commissioners, together with the Board
of Directors continues to develop, adopt, disclose and
refine policies related to affiliated/related transactions
and implement a robust process to approve, review and
monitor such transactions if there is an inherent conflict of
interest, including establishing and/or involving the Audit
Committee.
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04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S
The Maybank Indonesia Audit Committee is tasked with reviewing and providing recommendations on significant
affiliated/related party transactions, and submitting this to the Board of Commissioners to determine whether the
transaction is in the best interests of the Company, If so, the Audit Committee can determine fair and reasonable terms.
Disclosure of Parties, Nature, and Value of Related Party Transactions
In the event of a transaction with an affiliated/related party, the Bank includes information such as the name of the
party, relationship, nature, and value of the transaction as stated in the information table below. In 2025, the total value
of related party transactions on the asset side was Rp1,6 trillion and on the liability side was Rp1,2 trillion.
Details of information regarding related parties with Maybank Indonesia along with the parties, nature of the relationship
and transactions carried out during 2025, as stipulated in Notes to the Consolidated Financial Statements Number 44,
are as follows:
Related parties Nature of Relationship Nature of Transaction
Board of Commissioners, Board of Key management Loans and Sharia receivables/financing, customer
Directors, and Executive Officer personnel deposits, accrued expenses and other liabilities, interest
income, interest expenses, and personnel expenses.
Malayan Banking Berhad Ultimate shareholder Current accounts with other banks, derivative
receivables, prepaid expenses and other assets,
deposits from other banks, derivative liabilities,
acceptance liabilities, securities issued, accrued
expenses and other liabilities, subordinated bonds,
interest income, interest expense, and bank guarantees.
Sorak Financial Holdings Pte, Ltd. Shareholder Deposits from customers, Interest expenses
Maybank Offshore Corporate Shareholder Deposits from customers, Interest expenses
Services (Labuan) Sdn, Bhd.
PT Maybank Sekuritas Indonesia Owned by the same Ultimate Loans from Sharia receivables/financing, equity
shareholder investments, derivative receivables, prepaid expenses
and other assets, customer deposits, derivative liabilities,
interest income, and interest expenses.
MIB Securities India Owned by the same Ultimate Deposits from customers, Interest expenses
shareholder
PT Maybank Asset Management Owned by the same Ultimate Deposits from customers, Interest expenses
shareholder
MBB Labs Private Limited Owned by the same Ultimate Deposits from customers, Interest expenses
shareholder
PT Asuransi Etiqa Internasional Owned by the same Ultimate Loans from Sharia receivables/financing, customer
Indonesia shareholder deposits, interest income, andinterest expenses.
Maybank Singapore Limited Owned by the same Ultimate Deposits from customers, Interest expenses
shareholder
(In billion Rupiah)
Description 2025 2024
Assets
Current accounts with other banks 115 61
Financial investments 160 160
Derivative receivables 504 447
Loans and Sharia receivables/financing 411 143
Acceptances receivable 2 -
Prepaid expenses and other assets 438 146
Affiliated party transactions for assets 1,630 957
220 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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(In billion Rupiah)
Description 2025 2024
Liabilities
Obligations due immediately 0 1
Customer deposits 387 404
Deposits from other banks 2,610 2,915
Derivative liabilities 741 508
Acceptance liabilities 13 56
Securities issued - 52
Accrued expenses and other liabilities 3 6
Subordinated bonds 100 99
Affiliated party transactions for liabilities 3,854 4,042
CHANGES IN LAWS AND REGULATIONS THAT HAVE A SIGNIFICANT IMPACT ON BANKS
Legislation Impact on Maybank Impact on Financial
No Changes and Explanations
(BI, OJK, BEI) Indonesia Statements
Bank Indonesia Regulation (“PBI”) / Bank Indonesia Board of Governors Regulation (“PADG”)
1 PBI Number 9 of Macroprudential Liquidity Incentive Policy The Bank takes into No impact on Financial
2025 concerning (KLM) regulation is strengthened by a account the incentive Statements.
Macroprudential performance-based and future-oriented scheme in determining
Liquidity Incentive incentive scheme, namely the initial loan and financing
Policy and PADG relaxation of liquidity in accordance with the distribution targets in
Number 27 of direction of loan or financing growth. response to changes in
2025 concerning the incentive scheme.
Implementing This provision, among other things, regulates
Regulations for the KLM amount, which is a deduction from
Macroprudential the Minimum Statutory Reserve (GWM),
Liquidity Incentive calculated based on the Bank's commitment
Policy to disbursing loans or financing and/or other
matters that can support loan or financing
growth.
2 PBI Number 10 of In order to organize the Payment System Banks are required No impact on Financial
2025 concerning industry, it is necessary to establish criteria to conduct self- Statements.
Regulation of the as a reference for implementing the assessments and meet
Payment System principle of same activities, same risk, and TIKMI criteria, submit
Industry and PADG same regulation through an assessment Strategic Business Plan
Number 32 of of compliance with criteria in the form of (SBP) and Payment
2025 concerning transactions, interconnection, competence, System Business
Regulation of the risk management, and information Plan (RBSP) Reports
Payment System technology infrastructure, known as TIKMI. in accordance with
Industry applicable regulations.
The assessment of TIKMI compliance by
the Payment System industry is used by
Bank Indonesia in licensing, determining,
approving, accessing participants,
administering, supervising, and terminating
the operation of Payment Systems.
In addition, Banks are required to submit
Strategic Business Plan (SBP) and Payment
System Business Plan (RBSP) Reports.
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04 / M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S
Legislation Impact on Maybank Impact on Financial
No Changes and Explanations
(BI, OJK, BEI) Indonesia Statements
Financial Services Authority Regulation (“POJK”)/Financial Services Authority Circular Letter (“SEOJK”)/ Regulation of the Members
of the Board of Commissioners of the Financial Services Authority (“PADK”)
1. POJK Number 2 of Banks are required to submit reports through The Bank prepares and No impact on Financial
2025 concerning the OJK reporting system (APOLO) where carries out reporting Statements.
Reporting of there are changes, namely: obligations correctly
Commercial a. Changes to the type of report and on time, considering
Banks Through the b. Changes to the reporting period that there are sanctions
Financial Services c. Changes to the deadline for submitting imposed on the violation
Authority Reporting reports of provision.
System
2. Financial Services There are additions related to: The Bank prepares The addition of this POJK
Authority Regulation a. UUS reporting and implements its does not change the
(POJK) Number 18 b. Additional provisions for PE for preparing reporting and publication provision in regard to the
of 2025 concerning Financial Statements obligations, considering submission of Financial
Bank Transparency c. Additional Financial Publication Reports that there are sanctions Statements.
and Publication of and financial performance information for imposed on the violation
Reports the semester period of provision.
3. POJK Number This regulation generally regulates the Banks are required to: No impact on Financial
24 of 2025 classification of checking and savings a. classify Current Statements.
concerning Account accounts, customer account administration, Accounts and
Management at account administration policies and Savings Accounts
Commercial Banks procedures, and customer obligations in in accordance with
maintaining active accounts. this POJK.
This regulation was established to ensure b. have policies and
protection for all customers through procedures for
standardization of account management managing Current
within the banking industry, and to prevent Accounts and
fraudulent practices or abuse of customer Savings Accounts
accounts. no later than 6 (six)
months after the
Checking and Savings Accounts are classified POJK is enacted or
into 3, including: no later than May 10,
a. active account, defined as an account 2026.
that records deposit, withdrawal, or c. provide a system for
balance inquiry activities; managing Current
b. inactive accounts, defined as an account Accounts and
that has no record of deposit, withdrawal, Savings Accounts
or balance inquiry; activities for more than and classify Current
360 days; and Accounts and
c. dormant accounts, defined as an account Savings Accounts
that has no record of deposit, withdrawal, according to the
or balance inquiry activities for more than criteria of active
1800 days. accounts, inactive
accounts, and
dormant accounts.
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Legislation Impact on Maybank Impact on Financial
No Changes and Explanations
(BI, OJK, BEI) Indonesia Statements
4. SEOJK Number 14/ The Financial Services Authority Circular Banks are required to: No impact on Financial
SEOJK.03/2025 Letter is an implementation provision of POJK a. Ensure that internal Statements.
concerning the Number 17 of 2023 and POJK Number 2 of guidelines comply
Implementation 2024, which includes regulations regarding: with the provisions
of Governance for a. 16 (sixteen) pillars/assessment factors for b. Adjust the Self-
Commercial Banks the implementation of governance; Assessment Report on
1) implementation of the duties, the Implementation of
responsibilities, and authorities of the Governance to refer to
Board of Directors; these provisions.
2) implementation of the duties,
responsibilities, and authorities of the
Board of Commissioners;
3) completeness and implementation of
committee duties;
4) handling of conflicts of interest;
5) implementation of the compliance
function;
6) implementation of the internal audit
function;
7) implementation of the external audit
function;
8) implementation of risk management,
including the internal control system;
9) provision of remuneration;
10) provision of funds to related parties
and provision of large exposures;
11) integrity of reporting and information
technology systems;
12) Bank's strategic plan;
13) shareholder aspects;
14) implementation of anti-fraud
strategies, including anti-bribery
measures;
15) implementation of sustainable finance,
including the implementation of social
and environmental responsibility; and
16) implementation of governance in
Banking Business Groups (KUB).
b. scope and procedures for submitting
reports on the implementation of
governance; and
c. working papers and self-assessment
matrices for the implementation of
governance.
5. SEOJK Number 20/ SEOJK No. 20/SEOJK.08/2025 regulates the 1. Adjustment of Bank No impact on Financial
SEOJK.08/2025 obligations of Financial Services Business Internal Policy Statements.
concerning Actors (PUJK) to publish complaints handling 2. PIC/Related work
Publication of and consumer complaint service reports units are required to
Complaint Handling in accordance with the mandate of POJK publish:
and Complaint Number 18/POJK.07/2018 and POJK Number 22 • brief procedures
Service Reports of 2023, including types of reports that must for Complaint
be prepared, how to submit them, and the Services to
appointment of a person responsible for the Consumers and/or
report at Financial Services Institutions (PUJK). the public
• handling of
The main regulations are as follows: Complaints
a. publication of complaint handling; received by PUJK
b. person responsible for publication of in annual reports,
complaint handling; PUJK websites,
c. form and preparation of complaint service and/or other
reports; media officially
d. submission of complaint service reports; managed by PUJK
e. person responsible for complaint service at least 1 (one)
reports; and time a year.
f. procedure for submitting complaint • PIC/Related work
service reports. units are required
to prepare and
submit Complaint
Service reports
to the Financial
Services Authority
on a semi-annual
basis no later
than July 10 of the
current year and
January 10 of the
following year.
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Legislation Impact on Maybank Impact on Financial
No Changes and Explanations
(BI, OJK, BEI) Indonesia Statements
6. SEOJK Number 29/ This SEOJK regulates the scope, format, • Updating Bank Impact on Financial
SEOJK.03/2025 and procedures for the preparation, Internal Policies Statements.
concerning announcement, and submission of published • Fulfillment of all
Transparency reports by conventional commercial banks, obligations stipulated
and Publication including branch offices of banks domiciled in this SEOJK properly
of Conventional abroad. A Publication Report is a report and on time (in
Commercial Bank announced to the public and/or submitted accordance with
Reports to the Financial Services Authority with reporting deadlines)
announcement and submission procedures
in accordance with the provisions stipulated
by the Financial Services Authority. This
SEOJK also regulates provisions related
to the deadline for the announcement of
financial Publication Reports and financial
performance information as well as
Publication Reports on risk exposure and
capitalization in accordance with Financial
Services Authority Circular Letter Number 9/
SEOJK.03/2020 concerning Transparency and
Publication of Conventional Commercial Bank
Reports. The format of the Publication Report
as stated in the Attachment to this SEOJK is
the minimum standard that must be met by
the Bank.
The main regulations are as follows:
• Minimum standards for financial & non-
financial reports
• Regulation of risk exposure & capital
reports
• Strengthening the obligation to publish in
Indonesian
• The attachment contains formats,
examples, and statements.
7. PADK Number 37/ There are references that Banks must follow, The Bank adjusts No impact on Financial
PADK.08/2025 namely: the Product and/or Statements.
concerning the a. Product and/or Service Information Service Information
Information Summary Format Summary Format and
Provision and b. Advertisement examples (providing advertisements in
Information Delivery information through advertisements) accordance with PADK
for Marketing of c. delivery of information for product and provisions.
Financial Products service marketing;
and Services d. PUJK cooperation with third parties in
providing and delivering information for
product and service marketing; and
e. documentation of product and service
information materials by PUJK.
Other regulations:
1. Circular Letter This Circular Letter amends Circular Letter
of Financial Number 8 of 2016, which regulates the
Transaction Report procedures for submitting integrated service
and Analysis user information through the Integrated
Center Number 6 Service User Information System Reporting
of 2025 concerning (SIPESAT) application. This amendment
Amendments to relates to the procedures for submitting
Circular Letter integrated service user information through
of Financial the Integrated Service User Information
Transaction Report System Reporting application.
and Analysis
Center Number 8 The main points of the Regulation are
of 2016 concerning Submitting Changes to several points,
Procedures including:
for Submitting 1. Section B has been changed regarding the
Information to type of information.
Integrated Service 2. Section C has been changed regarding
Users Through the the information submitted.
Integrated Service 3. Section D has been changed regarding
User Information the technical aspects of information
System Reporting submission.
Application 4. Section G has been deleted.
5. Section I has been changed regarding
the Submission of SIPESAT Information in
Certain Conditions.
6. Section J has been changed regarding
Officers Who Submit SIPESAT Information.
7. Submission of information to users of
integrated services.
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CHANGES IN ACCOUNTING POLICIES
The adoption of the following revised standards, effective January 1, 2025, does not result in substantial changes to
the accounting policies of the Bank and its subsidiaries; and there is no material impact on the amounts reported for
the current year or the prior year. Changes in accounting policies and their impact on Maybank Indonesia's financial
statements are presented as follows:
Amendment of Changes in Impact on Maybank Indonesia’s Financial
No Summary of Changes
Accounting Policy Statements
1. Amendment of SFAS No. 221: Amendment of SFAS No. 221 clarifies the There are no substantial changes to the
“Lack of Exchangeability” conditions regarding conditions when a accounting policies of the Bank and its
currency is not exchanged and its disclosure. subsidiaries; and there is no material impact
on the amounts reported for the current or
prior years.
CHANGES IN THE BUSINESS MODEL RELATED TO THE SECURITIES INVESTMENT MANAGEMENT FRAMEWORK
In line with the implementation of the Investment Framework in the management of marketable securities, which
incorporates various risk parameters, as well as changes in the organizational structure and functions within the
Corporate Treasury and Global Market units, the Bank has refined its business model for managing its securities portfolio.
This adjustment in the business model has resulted in the reclassification of financial assets within the Banking Book,
from the Amortized Cost (AC) portfolio to the Fair Value through Other Comprehensive Income (FVOCI) portfolio,
and vice versa from FVOCI to AC. The implementation of the Investment Framework aims to strengthen the Bank’s
investment management process by taking into account liquidity and capital requirements more comprehensively,
thereby supporting the development of a more robust and resilient balance sheet structure.
COMPLIANCE AS A TAXPAYER
Maybank Indonesia consistently fulfills its tax obligations to support state financing, social development, and national
economic progress. Information regarding taxes paid by the Bank to the Government of the Republic of Indonesia in
2025 and 2024 is as follows:
(In billion Rupiah)
Total
No Description
2025 2024
1 Corporate Income Tax 264 41
2 Employee Income Tax Article 21 430 379
3 Income Tax Article 4(2) 829 899
4 Income Tax Article 23/26 107 186
5 VAT 38 36
MARKETING ASPECTS
ANALYSIS OF MARKET SEGMENTS AND COMPETITIVE CONDITIONS
Maybank Indonesia regularly conducts comprehensive evaluations of its market segments, while also closely monitoring
the increasingly tight competitive dynamics in the banking industry. Domestic economic growth and the increasing
number of middle-class community groups have positively contributed to national economic activity and opened up
opportunities for the banking industry to continue expanding its role in supporting intermediation and more inclusive
financial services.
In 2025, national banking liquidity remained at an adequate level, thus strengthening lending capacity and
supporting the sustainability of the intermediation function. The resilience of the banking sector also remained solid,
reflected in a strong capital position and relatively controlled credit risk. Furthermore, digital economic and financial
transactions continued to show significant growth, supported by a secure, smooth, and reliable payment system. These
developments have contributed to shaping an increasingly competitive market landscape and have influenced the
Bank's performance and business development direction.
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In response to these dynamics, Maybank Indonesia Her Power Initiative, the Maybank Cycling Series Il Festino,
consistently updates its strategies and policies to ensure and the Maybank Marathon Bali, which strengthen the
the relevance of the products and services offered to Bank's position as a thought leader in the ESG field. This
customer needs and market segment developments. strengthening reputation is also supported by prestigious
The Bank continues to strive to provide targeted, awards, such as the TIME Award and the Brand Finance
innovative, and value-added banking solutions, in line Award, which strengthen stakeholder trust and emphasize
with changing customer behavior and the increasingly Maybank Indonesia's competitiveness in the national
digital transformation of the financial industry. With an banking industry.
understanding of market segments and competitive
conditions. Maybank Indonesia also remains disciplined MARKET SHARE
in implementing cost management policies at all levels Maybank Indonesia consistently strives to develop and
of the organization. Every cost incurred contributes to implement the right marketing strategies and product
increasing revenue and operational efficiency on a development to offer banking service solutions that suit
sustainable basis. Through this measured approach, the customer needs. By strengthening superior products and
Bank is optimistic about seizing growth opportunities while services, the Bank continues to increase competitiveness
strengthening its competitiveness in the ever-evolving and expand the added value provided to customers in
banking industry. various segments.
MARKETING STRATEGY 2025 In 2025, Maybank Indonesia once again successfully
In 2025, Maybank Indonesia implemented a targeted and maintained its position in the national banking industry
sustainable marketing strategy to support its aspiration with an asset market share of 1.4%, and a credit and
to become a Top 10 Bank in Indonesia. Various bankwide Third Party Funds (DPK) market share of 1.4% and 1.2%,
campaigns focused on strengthening the Share of Voice respectively. This achievement reflects the Bank's
and expanding awareness of product offerings and consistency in maintaining intermediation performance
programs, thereby driving top-of-mind, strengthening and strengthening its funding base amidst the dynamics
brand relevance, and contributing to empowering of ever-evolving industry competition.
Maybank Indonesia's brand equity.
Detailed information regarding the development of
This strategy is based on the meaning of Humanising the Bank's market share in terms of assets, credit, and
Financial Services as Maybank Indonesia's commitment to third party funds towards the growth of the Indonesian
humanising financial services—empowering the potential banking industry is presented in the 2025 Macroeconomic
of individuals and businesses and supporting customer Review section, especially in the discussion of Maybank
aspirations to achieve life goals and optimal business Indonesia's Position in the National Banking Industry.
growth. This commitment is realized through innovative
solutions oriented to the needs, values, and aspirations MARKETING CAMPAIGN FORM OF MAYBANK
of customers, going beyond a merely transactional INDONESIA PRODUCTS AND SERVICES DURING 2025
approach. In line with the 2025 marketing strategy and strengthening
market share, Maybank Indonesia implemented a series
In line with that, Maybank Indonesia prioritizes impactful of integrated marketing campaigns that consistently
activities to increase customer engagement and loyalty. combine Brand, Product, and Sharia communications
The focus is directed at strengthening cross-selling and across various digital and offline touchpoints. This
optimizing the Satu Maybank ecosystem at the regional initiative is designed to expand awareness, drive
and national levels to accelerate growth in the Privilege, acquisition, and strengthen business growth through
Premier, and Business segments through a variety a measurable full-funnel approach, while ensuring
of financial solutions in the form of products and/or message alignment across all priority segments and
programs relevant to the needs of each segment. service lines.
• Brand Manifesto & “May is Maybank”: Strengthening
In addition to driving business growth, Maybank Brand Salience in the Era of Media Fragmentation
Indonesia also strengthens its credibility and brand Amidst increasingly fierce competition for
equity through a series of strategic initiatives, including share of attention and increasingly fragmented
Connect 3, the Shariah Thought Leadership Forum, the communication channels. Maybank Indonesia
strengthens brand salience as a prerequisite for
increasing consideration and acquisition. The Brand
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Manifesto is implemented as a communication • Maybank Marathon Bali: Community-Based Brand
umbrella to build broad-scale brand awareness while Experience and Sustainability Commitment
creating an audience base that can be optimized The trend of healthy lifestyles and community-based
through retargeting strategies. The momentum activities is getting stronger, including the growth
was strengthened in May through the theme “May of running communities, which drives the need for
is Maybank”, by utilizing a mix of cinema channels, relevant and highly appealing brand experiences.
OOH, transportation, and digital platforms to In this context, the Maybank Marathon Bali is being
ensure massive reach and strengthen full-funnel run again as a flagship sports marketing and brand
performance in Q1-2 2025. experience initiative that brings together community,
• Maybank SME: Connecting Financing, Ecosystem, and tourism, and social and economic impacts.
Sustainability Full ownership of the Intellectual Property of this event
SME growth remains a key economic agenda, but strengthens the long-term strategic value for brand
challenges in accessing financing and the need for development, including through community content
end-to-end solutions are still pain points for many activation and new initiatives every year to deepen
business actors. Responding to this, Maybank SME engagement and strengthen the reputation of an
is positioned as a one-stop solution that integrates international-class event. And in 2025, the Maybank
funding with a simple, fast, and relevant digital Marathon Bali welcomed the legendary Japanese
experience, supported by eBiz Maxi, Beyond Banking runner, Yuki Kawauchi. In 2025, the Maybank Marathon
solutions, Transaction Banking capabilities, M2E, Bali also integrated the “Green Footprint” initiative
Wealth, One Maybank, and a sustainability agenda as part of its sustainability commitment, including
through MyImpact, Marketing activation is carried the introduction of a Carbon Footprint Calculator
out through digital campaigns, customer testimonial to help participants calculate emissions from
content, advertorials, and a series of offline activities to transportation and accommodation. This initiative
strengthen Maybank’s positioning as a partner for SME is supported by improved waste management and
growth, including strengthening the Halal ecosystem community engagement, as a measure towards a
through strategic collaboration with related partners. more sustainable event, including the aspiration of a
• Maybank Shariah: Strengthening Legacy Planning, Hajj carbon-neutral target by 2030.
Readiness, and Thought Leadership • Maybank Cycling Series Il Festino 2025: Strengthening
Public aspirations for Sharia financial services Community Engagement and Sustainable Lifestyle
continue to rise, but the literacy and inclusion gap As part of its commitment to a healthy lifestyle and
remains relatively wide, thus driving the need for sustainability, Maybank Indonesia continues to
more applicable education and solutions. Maybank develop programs that encourage public participation
Indonesia is reinforcing Shariah Wealth Management in sports activities that have a positive impact, while
with a focus on legacy themes, including through strengthening an inclusive, active, and sustainable
the launch of the Waris Calculator as a digital tool sports ecosystem. The Maybank Cycling Series Il
to help customers plan wealth distribution in a more Festino 2025 presents two main categories—Gran
structured manner. In line with this, the continued high Fondo 135 KM and Medio Fondo 84 KM—as a choice
interest in performing the Hajj—with limited quotas of challenges for participants of various experience
that require more disciplined long-term planning— levels, as well as being an engagement platform
makes Hajj savings and planning an increasingly that consistently strengthens Maybank Indonesia's
relevant financial need across segments. Maybank closeness with the community.
Indonesia is implementing a communication strategy
for MyArafah Savings and Hajj services that are REALIZATION OF WORK PROGRAMS,
personalized to three main personas—business owners ACHIEVEMENTS, AND AWARDS IN THE FIELD OF
in the regions, metropolitan entrepreneurs, and family- MARKETING
oriented customers—so that the value proposition As a follow-up to a series of integrated marketing
and service approach are aligned with the needs campaigns for Maybank Indonesia products and services
and planning context of each segment. To strengthen in 2025, the implementation of the strategy resulted in
its role as a thought leader, Maybank Indonesia also measurable achievements in both strengthening brand
held Connect 3 and the Shariah Thought Leaders performance and contributing to the Bank's economic
Forum with Global Islamic cleric, Mufti Menk to expand value and reputation. Throughout 2025, Maybank
education, increase trust, and strengthen Maybank
Indonesia's Sharia positioning at the regional level.
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Indonesia realized an end-to-end marketing program MAYBANK INDONESIA BRANDING PLANS,
with a focus on strengthening brand equity, improving STRATEGIES, AND PROJECTS IN THE FUTURE
funnel-based marketing performance, and implementing Maybank Indonesia will continue to strengthen its
impactful brand experience initiatives. These efforts not branding strategy in a targeted manner to emphasize
only strengthen the brand's position in the market, but differentiation, strengthen message consistency across
also encourage a more tangible contribution to business segments, and increase business conversion through
growth and the relevance of Maybank Indonesia in the integrated campaign orchestration. The initiatives
eyes of Customers and the community. developed position priority products as entry points for
• Strengthening brand equity and enhancing marketing growth, strengthen wealth propositions regionally, and
funnel performance accelerate the synergy of the 1-Maybank ecosystem as an
The combination of the Brand Manifesto campaign integrated financial conglomerate.
and product campaigns contributed to strengthening • Maybank Global Access: New Entry Point for Modern
brand performance, reflected in an increase in Brand Financial Needs
Equity by 0.8 points to 42.8 and an increase in Brand With increasing public mobility, the need for cross-
Awareness by 3% to 88%. This strengthening of the currency transactions, and Customer preferences
upper funnel also drove improvements in the lower for fast and digital-first banking experiences, savings
funnel, as indicated by an increase in consideration, products are increasingly required to provide more
usage, and main bank share metrics. Specifically, the relevant value—not only as a means of saving funds,
portion of Customers who make Maybank Indonesia but also as an enabler of a more flexible lifestyle
their main bank increased by 2% to 7%, reflecting the and financial management. In this context, Maybank
strengthening of Customer preference and loyalty to Global Access is positioned as a new entry point
the Bank's brand and services. for Customers to start a relationship with Maybank
• Economic impact and reputation strengthening Indonesia through savings account that offers a
through Maybank Marathon 2025 range of benefits according to modern financial
As one of the flagship brand experience initiatives, the needs. Maybank Global Access offers multi-currency
Maybank Marathon 2025 event provided a significant capabilities and lifestyle rewards (including cashback
economic contribution to Bali. The multiplier effect was and free transfer fees through the M2U ID App), with
recorded at Rp225.5 billion, an increase from Rp164 features designed to reach various segments—from
billion in the previous year. This increase was driven smart spenders, frequent travelers, education-focused
by the growth in participation from 12,700 to 13,600 families, to foreign exchange investors. This product
runners, accompanied by an increase in average is expected to be a strong entry point to expand the
participant spending from Rp9.8 million to Rp12.5 customer base, while strengthening engagement
million per person. From the business perspective, through a consistent and relevant service experience.
MSMEs and local businesses in Bali recorded an Product development was completed in Q4 2024 and
average daily turnover increase of 56% and an began with internal adoption by Maybankers through
increase in the number of daily customers of around the “Inside-Out Marketing” principle to ensure service
43% during the event period, emphasizing the role readiness and experience consistency. The external
of Maybank Marathon as a sports tourism platform launch was carried out in Q1 2025, followed by a full-
with economic and social value, while strengthening funnel ATL/BTL campaign to raise awareness, drive
Maybank Indonesia's reputation in the realm of consideration, and accelerate acquisition.
community engagement. • Wealth Management Brand Strategy: Strengthening
• Industry recognition through marketing awards Privilege, Premier, and Shariah Wealth Integration
Campaign performance also received industry As people's aspirations for more structured wealth
recognition. In 2025, Maybank Indonesia was selected management, the need for increasingly personalized
as one of the finalists for the MMA SMARTIES Indonesia services, and customers' expectations for consistent
Awards 2025 through the Maybank Marathon experience standards across channels and markets
2024 campaign in the Marketing Impact – Brand increase, competition in the wealth management
Experience category. Out of more than 800 entries, segment is increasingly determined by the level of
Maybank Indonesia was among the 171 finalists and trust, quality of relationships, and clarity of value
reached the Top 8 in its category. This achievement propositions. In this context, Maybank Indonesia is
reflects recognition of the campaign's creativity, targeting a comprehensive brand strategy refinement
relevance, and effectiveness in building impactful to strengthen its position as the leading Wealth
brand experiences for customers and communities, Management provider in Indonesia, while ensuring
while strengthening Maybank Indonesia's credibility relevant differentiation in the ASEAN region. In the
in outcome-based and measurable marketing future, the focus will be on strengthening the brand
execution.
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proposition and identity for the Privilege and Premier • Development and marketing of Maybank Credit
segments, by consistently emphasizing Maybank Cards: Enhancing Lifestyle Programs for Credit Card
Indonesia's superiority in the aspects of trust, quality Activation and Acquisition and Development of Payroll
relationship management, and the end-to-end wealth KTA through Digitalization and Profitability Optimization
journey for customers. Align with increasingly diverse Proceeding dining and travel programs throughout the
market needs, Maybank Indonesia will also strengthen year with existing merchants as program consistency
the alignment of brand identity between Conventional to customers. As well as implementing programs
Wealth and Shariah Wealth within a single, integrated with new partners to provide choices and to attract
framework, so that communication, service new customers, Both aim to increase the active
experience, and value offerings can be delivered more rate of Maybank Credit Card usage, support the
cohesively. This initiative is aimed at enhancing brand increase in Maybank Credit Card Sales Volume and
equity, strengthening cross-market consistency, and Maybank Credit Card acquisition. Then, developing
driving Maybank Indonesia's competitiveness in the KTA products for the Payroll segment based on risk
wealth segment in a sustainable manner. profiles to maintain the profitability of this segment.
• Strengthening the 1-Maybank Ecosystem 2026: From the KTA marketing perspective, additional
Conglomerate Synergy for Integrated Financial channels were added through the M2U application to
Solutions provide alternatives and convenience for customers in
As Customers' financial needs become increasingly applying for KTA and to increase the competitiveness
complex—from daily transactions, financing, of Maybank KTA in the market.
protection, investment, to wealth planning—the market
increasingly demands an integrated, accessible, and BUSINESS PROSPECTS
consistent service experience across all touchpoints.
In this context, Maybank Indonesia views ecosystem MACROECONOMIC 2026
strengthening as a strategic measure to enhance Global economic growth is projected to moderate to
brand relevance while expanding added value for 3.1% in 2025 and 3.2% in 2026, down from 3.3% in 2024,
Customers at various stages of life. reflecting continued headwinds from three primary
By 2026, Maybank Indonesia will strengthen the factors: (1) a more costly global trade environment
1-Maybank ecosystem as an integrated financial driven by tariff measures initiated by the United States
conglomerate that integrates banking, financing, Government toward key partners—most notably China—
securities, asset management, and insurance services. and subsequent retaliatory actions; (2) persistent
Through synergy and joint marketing across entities, geopolitical tensions in the Middle East, particularly in
1-Maybank is directed to offer more holistic and the Gaza Strip, as well as the ongoing conflict between
integrated financial solutions for Customers, while Ukraine and Russia; and (3) limited fiscal and monetary
improving the consistency of service experiences and capacity to support growth across both consumers and
brand messages across priority lines. producers amid gradually rising global inflation, even as
Collaboration with Maybank Finance, WOM Finance, natural resource commodity prices show no meaningful
Maybank Sekuritas Indonesia, Maybank Asset upward trend. In this environment, major central banks—
Management, and Etiqa will be optimized to drive especially the Federal Reserve—have constrained room
acquisition of affluent and emerging affluent for monetary easing, with potential rate cuts likely capped
segments, expand financing access for more specific at approximately 75 basis points from late 2025 through
needs, strengthen service coverage for corporate end-2026.
clients and investors, as well as enrich product
propositions through increasingly personalized and The domestic economy is projected to grow gradually
seamless service experiences across entities. With this from 5.03% in 2024 to 5.07% in 2025, then to 5.21% in
strengthening, Maybank Indonesia targets increased 2026. We estimate that the increase in Indonesia's
cross-sell effectiveness, strengthened loyalty, and economic growth this year is due to a strong contribution
more sustainable business growth through the from solid domestic demand during the government
1-Maybank ecosystem. spending period, particularly for priority development
programs, which are more aggressive in providing a
multiplier effect for the national economy, plus an interest
rate climate that is attempting to support economic
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expansion activities carried out by Bank Indonesia, an Investment is expected to expand at a moderate
investment climate that continues to be realized to be pace amid a still-challenging global economic
more conducive, as well as a trade surplus that continues environment and an ongoing transition in national
to widen, along with the availability of solid export development priorities from the previous administration’s
destination countries in ASEAN, China, India (and other infrastructure-led agenda to the new government’s focus
Asian countries), the United States, and also the positive on strengthening human capital nutrition, achieving
results of downstream policies that provide greater added food, energy, and water self-sufficiency, upgrading and
value for Indonesian commodity exports, especially expanding education facilities and public housing, and
nickel, In general, Indonesia's economic activity is still advancing downstream industrialization and village-
concentrated in the Java Island area, contributing to the based development through MSMEs and cooperatives.
national economy, which accounts for approximately 57%. Despite this adjustment period, we believe Indonesia’s
The manufacturing sector, such as the food and beverage investment sector—particularly direct investment from
industry, iron and steel, as well as the pharmaceutical both domestic and foreign investors—continues to offer
and traditional medicine industries, remains a mainstay meaningful upside potential and remains well positioned
of the Java region economy, alongside labor-intensive to sustain positive growth, supported by the government’s
industries such as textiles and footwear. Meanwhile, ongoing commitment to enhancing the investment
economic activity outside Java remains highly dependent climate through tax holidays, the omnibus law, and
on natural resource-based industries. In fact, several broader deregulation and debureaucratization initiatives
provinces, such as Central Sulawesi and North Maluku, introduced since the prior administration.
which rely heavily on downstream commodity processing,
have recorded very aggressive economic growth of over The Rupiah is expected to retain scope for appreciation
7%. However, Indonesia's apparent economic growth is still against the US dollar, supported by prospective capital
considered far below its potential or target of more than inflows into financial markets amid the consolidation
6%. This is due to global economic conditions that do not of a new global trade landscape—particularly with the
yet support aggressive exports and direct investment. This United States—alongside anticipated monetary easing by
is also influenced by the suboptimal realization of central the Federal Reserve through the remainder of 2025 and
and regional government spending to support priority into 2026, continued growth in foreign direct investment,
development programs. Furthermore, interest rates on and Indonesia’s consistently maintained trade surplus,
loans and deposits have not yet decreased aggressively both currently and prospectively, driven by commodity
in line with the 150 bps reduction in the BI Rate from downstreaming initiatives and the implementation of
September 2024 to September 2025. Export Proceeds Foreign Exchange policies for non-oil and
gas resource producers under Government Regulation
Conversely, government spending on priority No. 8/2025. Financial market participants continue to
development programs—including the Free Nutritious view Indonesia as an attractive investment destination,
Meals initiative; Food, Energy, and Water Self-Sufficiency; supported by resilient economic fundamentals and a
multi-sector downstream industrialization; village- still-wide yield differential between Indonesian sovereign
based development through MSMEs and cooperatives; bonds and U.S, Treasuries. Meanwhile, Indonesia’s trade
infrastructure expansion and public housing; and human surplus remains solid, underpinned by strong export
capital and education enhancement under the AstaCita values from coal, palm oil, and downstream natural
program—had yet to gain meaningful traction through resource products, particularly nickel. We forecast USD/IDR
mid-2025, The measured pace of both central and at 16,436 by year-end 2025 and declining to below 16,069
regional budget realization during this period reflected in 2026.
constrained fiscal capacity, with state revenues falling
short of expectations amid declining natural resource– Inflation rates are projected to remain low at 2.80%
based revenues in a challenging global economic and 2.33% at the end of 2025 and 2026, respectively, as
environment, subdued commodity prices, the absence of inflationary pressures from imports, driven by oil prices
dividend contributions from state-owned enterprises, the and the Rupiah exchange rate against the US Dollar, are
decision not to raise VAT beyond luxury goods, stagnant maintained throughout the period. This will be supported
tobacco excise rates, and the underperformance of the by the government's contribution to maintaining
Coretax application system. subsidized energy and national food prices, as well as
Bank Indonesia's contribution to preventing spikes in
imported inflation. Specifically for 2025, inflation is seen to
be higher due to increased purchases of gold jewelry by
Indonesian consumers.
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Over the 13-month period from September 2024 to Table of Basic Macroeconomic Assumptions
October 2025, Bank Indonesia's benchmark interest rate, Basic Assumption 2026 Target
the BI Rate, has decreased by 150 bps to 4.75% and is
Economic Growth 5.2 – 5.8%
expected to decrease to 4.50% by the end of 2025. This is
in line with monetary policy to ensure inflation, particularly Inflation 1.5 – 3.5%
imported inflation, is controlled during global US dollar SUN 10 Years Interest Rate 6.6 – 7.2%
fluctuations and soaring global oil prices, to increase the
Forex Rp16,500 – 16,900/USD
attractiveness of national investment assets and support
continued domestic economic growth, as well as adapt to Price of Crude Oil USD60 – 80/barel
the global interest rate climate. In 2026, the interest rate Oil Lifting 605 – 620 rpbh
is projected to decrease again by 50 bps to 4,00% by the
Gas Lifting 953 – 1,017 rbsmph
end of next year.
Sumber: the Ministry of Finance
Bank credit growth is expected to slow slightly from
10.39% in 2024 to 8.15% at the end of 2025, and increase IMPLEMENTATION OF 2026 STRATEGIC PROGRAMS
slightly to 9.04% in 2026. The projected slowdown in AND PLANS
bank credit growth in 2025 is in line with the impact of In order to realize the vision of Maybank Indonesia
less conducive global economic conditions, cautious (MBI) as “an innovative, values-driven financial leader
domestic banking practices amidst indications of less enabling inclusive and sustainable prosperity”, Maybank
aggressive domestic economic growth, and increased Group together with Bank Management has made
liquidity capacity constrained by foreign investor outflows improvements to its overall business strategy for the
from the government bond market. In 2026, we estimate short, medium and long term. Through this strategy
credit growth will rebound as domestic economic improvement, MBI is committed to continuing to be
activity rebounds, primarily due to the multiplier effect relevant to customer needs, strengthening competitive
of the government's priority development programs, the advantages, and presenting differentiating value in the
implementation of which has improved compared to the market in accordance with the Maybank Group’s mission:
beginning of the new administration. Humanising Financial Services.
However, we notice the growth of third-party fund As one of the Maybank Group's main markets, Maybank
deposits will grow aggressively from 4.48% in 2024 Indonesia receives full support to realize its aspirations
to 10.29% in 2025 and 9.47% in 2026, in line with the and strengthen the Bank's position in the future. Through
implementation of the liquidity injection policy from this strategy, Maybank Indonesia is expected to continue
government funds to HIMBARA Bank amounting to Rp200 to be relevant, meet customer needs, and provide
trillion starting September 15, 2025. This government comprehensive financial solutions with an increasingly
policy provides liquidity flexibility for HIMBARA Bank, broad reach. Maybank Group's mission: "Humanising
then banks other than HIMBARA (through the interbank Financial Services" focuses on three main aspirations,
money market), which ultimately also has an impact on namely:
increased liquidity conditions in the financial system to 1. Providing Superior Service Experience: Delivering a
support activities in the real sector. service experience with personalized solutions, deep
engagement, and upholding transparency and
Based on the results of the Strengths, Weaknesses, equality, thereby strengthening customer trust and
Opportunities, and Threats (SWOT) analysis, Bank loyalty across all segments
Management then mapped the strategic direction into 2. Providing Positive Impact on Society: Acting as a
four main pillars that form the framework of Maybank pioneer of goodness that strives to create social
Indonesia's M30 strategy. These four pillars are designed welfare, strengthen financial inclusion, and uphold the
to maximize internal strengths, address areas of principles of sustainability in every business activity
improvement, and capture growth opportunities amid and community initiative
market dynamics and industry disruption. 3. Strengthening the Real Economy: Distributing financing
and solutions oriented towards increasing productivity,
improving the main sectors of the real economy,
and developing new economic sectors to create
sustainable value for society and the country.
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HUMANISING FINANCIAL SERVICES
Deliver Exceptional Experince Impact Society Positively Power the Real Economy
• Lead in quality-of-service • Champion for good • Uplift key drivers of real economies
Digital-first omnichannel customer Greater accessibility for Support SMEs which serve as key
experience underserved segements drivers of the real economy
• Personalise solutions and • Enable wellbeing for all • Nurture new economies
engagements Elevate wellbeing of communities; Foster high-impact and high-value
Tailor experiences enabled by latest deploy next-gen capabilities to industries
tech and AI broaden inclusion
• Advocate transparent & equitable • Uphold a sustainability-first
dealings approach
BUSINESS CONTINUITY INFORMATION MATTERS THAT HAVE THE POTENTIAL TO
SIGNIFICANTLY IMPACT THE COMPANY’S BUSINESS
BUSINESS SUSTAINABILITY PLAN CONTINUITY
In facing various emergency conditions and to ensure Maybank Indonesia consistently monitors various
the consistency of achieving business objectives and challenges in the banking industry while prioritizing the
business continuity, Maybank Indonesia implements principle of prudence and a selective approach in lending,
a comprehensive business continuity management to ensure that asset quality is maintained, The Bank is also
strategy. The implementation of BCM is conducted committed to continuously improving its policy standards
continuously through proactive situation monitoring and credit approval processes to ensure that the growth
and taking mitigation measures in line with government achieved remains quality, accompanied by active
and regulatory provisions and directions to maintain monitoring of the loan portfolio that has the potential to
operational stability and continuity of service to experience a decline in quality.
customers.
In the future, lending will be focused on strategic industrial
In order to realize the Bank’s Vision and Mission, Maybank sectors by prioritizing the concept of sustainable
Group together with management officially launched financing. This approach is expected to not only
ROAR30, the latest five-year strategy until 2030, as a encourage inclusive and sustainable economic growth,
continuation of the successful M25+ strategy, ROAR30 but also expand the market potential for the Bank. Along
is Maybank’s strategic measure to strengthen business with the creation of a stronger economic base, greater
growth, improve performance, and ensure Maybank business opportunities will open up, thus having a positive
remains relevant and sustainable in the future. impact on the resilience and sustainability of Maybank
Indonesia’s business in the long term.
Through ROAR30, Maybank Group establishes the direction
of transformation towards 2030 that emphasizes business As of the end of 2025, Maybank Indonesia did not face
resilience, accelerated innovation, and the creation of conditions or factors that could potentially have a
long-term value for all stakeholders, ROAR30 encourages significant impact on the Bank’s business continuity. This
the Bank to build a more adaptive, resilient, and future- is reflected in the Bank’s performance, which was still
oriented organization, including strengthening readiness able to record positive PBT and PATAMI. Thus, Maybank
to face various risks and operational disruptions. Thus, Indonesia is in a stable position and does not face any
the implementation of BCM and an integrated corporate problems that could disrupt operational continuity or
strategy is an important part in ensuring that Maybank business sustainability.
Indonesia is able to continue to provide comprehensive,
broad, and sustainable financial solutions and services to
the community.
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MANAGEMENT ASSESSMENT OF SIGNIFICANT ASSUMPTIONS USED BY MANAGEMENT IN
FACTORS IMPACTING BUSINESS SUSTAINABILITY CONDUCTING THE ASSESSMENT
Maybank Indonesia regularly conducts an assessment on In order to ensure sustainable business continuity.
the Bank’s business sustainability and prepares necessary Maybank Indonesia periodically conducts assessments
corrective and enhancement measures if conditions arise through a comprehensive analysis of the opportunities
that could potentially disrupt operational continuity. As and challenges faced, as well as its internal strengths
of the preparation and publication of this 2025 Annual and weaknesses. The results of this evaluation serve as
Report, the Bank did not find any material uncertainties the basis for formulating strategic measures to maintain
that could raise significant doubts about the Bank’s ability business resilience and support the Bank’s future growth,
to maintain its business continuity. Various mitigation as follows:
efforts have also been carried out to manage potential
risks that could impact business sustainability, including Opportunities
the preparation and publication of consolidated financial 1. The vast Indonesian market with low banking
statements based on the most current and sustainable penetration.
Financial Accounting Standards. 2. Synergy with the main shareholder (Maybank) that
can open the Bank’s access to serve markets and
Based on the performance achievements in 2025 and the trade between the two countries or other global
Bank’s operational track record, Management assesses regions where Maybank operates. This opportunity
that Maybank Indonesia’s business continuity is in very will provide the Bank with the opportunity to directly
good condition. This assessment is supported by the participate as a regional bank and will provide the
achievement of financial ratios and indicators of the benefit of efficient banking services to the Bank’s
Bank’s soundness that remain solid, thus serving as a customers.
foundation for future business sustainability. In addition,
strong support from shareholders and the synergy Challenges
within the Maybank Group are fundamental factors in 1. Increasing competition in the banking market and the
maintaining the stability and sustainability of the Bank’s still unstable global economic conditions.
business. 2. Regulations that may limit the Bank’s development.
In preparing its strategic plan, Maybank Indonesia Strengths
consistently conducts regular evaluations and 1. Over the past few years, the Bank has received
assessments of the Bank’s ability to achieve targets and recognition for its service and good relationships
ensure business continuity. Management believes that with customers. This excellence will continue to be
there are no material uncertainties that could significantly maintained in the future.
doubt the Bank’s ability to maintain the sustainability of its 2. The Bank is known as an innovative bank that creates
operations and business activities in the future. new products and activities that customers need.
3. The Bank has an electronic distribution channel (ATM)
Maybank Indonesia is optimistic in facing various that has been connected to all banks in Indonesia.
challenges while capitalizing on available opportunities, 4. The Bank has a strong controlling shareholder and is
supported by competent human resources, adequate ready to synergize in the long-term development of
business infrastructure, and a strong international the Bank.
business network. These factors form the basis of
Management’s confidence that the Bank will be able to Weaknesses
maintain sustainable business growth and strengthen its 1. The Bank’s office network is not as extensive as
position in the future. the office network owned by competing groups.
Customers tend to prefer an office network that can
reach their needs.
2. Investment in Information Technology (IT) is needed
to ensure the Bank can provide the best service to its
customers.
3. Developing competent and expert staff is needed to
support the Bank’s business growth.
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BUSINESS CONTINUITY MANAGEMENT • Regular socialization to increase awareness and
In strengthening the Bank's resilience in facing various understanding of the importance of BCM through
potential disruptions, both from natural and non- e-mail, desktop wallpaper and BCM Whatsapp groups
natural disasters that can occur at any time, Business related to disaster preparation and learning from
Continuity Management (BCM) is one of the important various disasters that have occurred for future disaster
pillars in Maybank Indonesia. BCM is continuously readiness.
and comprehensively developed as part of the Bank's
risk management framework. The management of BCM DEVELOPMENT AND IMPLEMENTATION
operational risk caused by disruptions or disasters aims to STRATEGY IN 2026
prevent, endure and sustain by responding effectively to In addition to continuing the annual programs, BCM will
potential threats to the Bank, especially those with a major also specifically develop new programs that are in line
impact (catastrophic event) that could disrupt operations. with the Provisions and Policies set by the Regulators as
well as the Bank's BCM Policies and Procedures. Some of
BCM PROGRAMS THAT HAVE BEEN RUNNING IN 2025 the BCM initiatives and programs that will be developed in
In 2025, Maybank Indonesia has implemented various 2026 include:
BCM programs to ensure the preparedness and continuity • Conducting a Bankwide BCP trial (Enterprise
of the Bank's operations, including the following: Crisis Simulation Exercise) involving all Critical
• The BCM Secretariat utilizes the GRC System to Business Function (CBF) units Head Office, Regional,
implement the BCM System, facilitating Business Subsidiaries, & Sister Company.
Functions in creating or updating Risk Assessments • Increasing awareness and knowledge related to BCM
(RA), Business Impact Analysis (BIA), and preparing implementation for all employees, through various
Business Continuity Plans (BCP). media, BCM E-Learning and incident handling videos.
• Annual updating of BCP documents consisting of the • BCM Workshop/BCM Refreshment focusing on
latest version of the Risk Assessment (RA) Document, handling disasters or operational disruptions.
Business Impact Analysis (BIA) and BCP General • Conducting desktop reviews with various CBF units so
and Pandemic by the BCM Coordinator to always be that the recovery strategy in the BCP documents are
adjusted to the situation/incident that occurs as well better aligned with incident handling, incorporating
as the operational processes of each unit, so that the lesson learned from the real conditions during the
handling of each case is more effective, efficient and pandemic.
measurable according to the Bank's capabilities. • BIA assessment for all work units at MBI to re-ensure
• BCM Secretariat/ORCO conducted refreshment that the Bank's critical units are still relevant to the
for BCM Coordinator in the BCM Workshop and ongoing business processes.
Refreshment training program in May 2025 to re-
inform the latest BCM issues and educate the BCM GUIDELINES AND SUPPORT OF MAYBANK GROUP ON
Coordinator on the importance of BCP in critical units. THE 2026 BUSINESS SUSTAINABILITY PLAN
• Conducted a Bankwide BCP trial involving all Critical Maybank Group has established its 2026 Sustainability
Business Function (CBF) Head Office, Regional, and Plan as a strategic framework to strengthen the
Subsidiaries units with an earthquake scenario in Company's direction and priorities in response to
the Banten region that affected the Greater Jakarta increasing stakeholder attention to Environmental,
area, South Sumatra, West Java, and Central Java. Social, and Governance (ESG) aspects. ESG is now an
The earthquake also caused the SS3 Building to be increasingly integral factor in supporting business
temporarily unusable. The scenario was intended to resilience and sustainable long-term value creation.
test readiness and evaluate processes and systems Through this plan, Maybank Group affirms its commitment
in the Bank in dealing with operational disruptions to driving responsible growth, while expanding positive
during and after the disruption so that the Bank contributions to society and the environment at the
could continue to operate according to the specified regional and global levels.
standard time, thereby minimizing the impact of
losses, In line with this direction, Maybank Group is committed
• In addition to the BCP trial, real BCP activation was to delivering a broader impact through continuous
also carried out in response to the national-scale innovation and strengthening the integration of ESG
demonstration incident that occurred in August 2025 principles across its activities and operational areas.
to ensure that the Bank's operational activities could Achieving this sustainability agenda not only serves as a
continue to run smoothly. foundation for long-term business resilience and growth,
but also emphasizes Maybank Group's role in supporting
the transition to a more inclusive, green, and sustainable
economy.
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Based on this framework, Maybank Indonesia implements Maybank Indonesia will continue to enhance the
the Environmental, Social, and Governance (ESG) Policy implementation of Sustainable Finance progressively and
as a guideline for all organizational units in conducting sustainably. In its implementation, the Bank consistently
business activities responsibly. This policy is formulated aligns various sustainability initiatives with the pillars
in alignment with the Maybank Group ESG Management and commitments of the Maybank Group, in order to
Framework, and will be implemented gradually to build an integrated sustainability ecosystem across the
ensure effective integration into the Company's business Group. Through this approach, Maybank Indonesia strives
processes and governance. to strengthen its contribution in promoting the creation
of a more sustainable future for all levels of society. The
THE BANK'S COMMITMENT TO ENVIRONMENT, strategic steps to achieve this goal include:
SOCIAL, AND GOVERNANCE (ESG) 1. Enhancing human capital capabilities, including the
Maybank Indonesia's commitment to Environmental, development of new employee skill sets required to
Social, and Governance (ESG) aspects is realized through support the realization of sustainable finance.
the implementation of integrated sustainability principles 2. Integrating ESG aspects in formulating policies and risk
in all of the Bank's business and operational activities. management in business activities.
Various strategic initiatives continue to be implemented 3. Adjusting operational and IT work systems (including
to support the achievement of the sustainability agenda, Bank infrastructure).
guided by the eight Principles of Sustainable Finance as 4. Developing banking solution products and services
stipulated by the Financial Services Authority (OJK), and in to support sustainable finance and followed by
line with the Maybank Group's ESG policy framework and continuous enhancements.
direction. Through this comprehensive approach, the Bank 5. Gradually iIncreasing the growth of the financing
affirms its commitment to ensuring responsible business portfolio in ESG-based business activities.
growth, in line with positive contributions to society and
environmental sustainability.
In its implementation, Maybank Indonesia continuously
strives to understand the needs of various stakeholders,
while paying attention to the impact of the Bank's
business activities on the communities and customers.
The Bank periodically evaluates and refines sustainability
policies and processes, both in operational activities and
investment decision-making. These efforts are an integral
part of overall risk management, while strengthening the
Bank's contribution to driving inclusive and sustainable
economic and social growth across its operational areas.
As evidence of its commitment, Maybank Indonesia
implements a Sustainable Finance Strategy as an
integrated process in business activities, operations,
and corporate social responsibility. In line with this, the
Bank has prepared a Sustainable Finance Action Plan
(RAKB) in accordance with the provisions of POJK No. 51/
POJK.03/2017 for Financial Services Institutions, Issuers,
and Public Companies. This RAKB has been submitted
to the OJK along with the submission of the Bank
Business Plan (RBB), as a form of alignment between the
sustainability agenda and the strategic direction of the
Bank's future growth.
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Functional Review Human Capital 238 Information Technology 256 Digital Banking 260 Branch Network Development 264 Operations and Customer Service 266 Risk Management 273
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BERBAGI KEBAIKAN UNTUK KEBAHAGIAAN BERSAMA Maybank mendukung semua potensi yang Anda miliki.
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Human
Capital
In 2025, Maybank Indonesia continues to strengthen its commitment
to develop superior Human Capital (HC) as a key pillar in supporting
the success and sustainability of the Bank’s performance. Through an
integrated and sustainable HC management framework, Maybank
Indonesia focuses on comprehensive talent development, creating
an inclusive and productive work environment, and implementing HC
management practices that align with the Bank’s values and long-
term strategic direction.
HUMAN CAPITAL DEVELOPMENT FRAMEWORK The M25+ transformation in 2025 continued with a focus
2025 on several key pillars that support change across all
In 2025, Maybank Indonesia remains committed to driving aspects of the business and organisation. The M25+
sustainable growth through the M25+ Transformation as a transformation not only acts as a strategic initiative, but
strategic program that aligns digitalisation acceleration, also as a holistic approach that integrates strengthening
including the development of the MyHR2U system, cultural transformation, optimising business processes
strengthening HC capabilities, and culture transformation. through digitalisation, and developing talent capabilities
This initiative includes the implementation of Agile as the main foundation of sustainability.
practices such as Daily Stand Up (DSU), Kanban, and
Retrospective, as well as strengthening the role of the Culture transformation remains a strategic priority in
Bionic Squad to promote cross-functional collaboration 2025, with the goal of creating a work environment
and continuous innovation. Through the implementation that is increasingly adaptive, collaborative, and agile
of 5 Practical Habits including Customer First, 1 team + 1 in the face of change. The Bionic Squad program
Direction Powered by Integrity, 3-Minutes early rule, HOT continues to be strengthened as a main enabler of
Check-in, Weekly growth synergy, Maybank Indonesia cultural transformation, encouraging agile cross-unit
ensures the development of a growth mindset at all levels collaboration to improve execution speed, decision-
of the organisation to support productivity and business making quality, and innovation relevant to business
sustainability amidst increasingly complex industrial needs.
dynamics.
Furthermore, the implementation of the Critical Few
In line with this commitment, in 2025 Maybank Indonesia Behaviors continues to be the foundation in establishing
continued to strive to become a leading financial services a excellent work culture. These core behaviors serve as
provider in Indonesia by prioritising the Humanising a guide for all employees in carrying out their roles and
Financial Services mission and strengthening its position responsibilities in alignment with the Bank’s values and
as an employer of choice. This is realised through strategic objectives. Therefore, the M25+ Transformation in
the implementation of an innovative, adaptive, and 2025 is expected to strengthen organisational readiness,
sustainable human capital management framework to enhance competitiveness, and ensure the long-term
create value and serve the community sustainably. sustainability of Maybank Indonesia.
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In general, the implementation of the Human Capital I. Offering an intensive and holistic preparation program
development framework in 2025 is as follows: aimed at developing the talents/successors of the
A. Focusing on leadership competencies by collaborating Bank’s internal employees to become leaders in
9 (nine) Maybank Indonesia competency models various directorates tailored to the Company’s needs
(SEARCH+) with Future Mindset and Skillset to be and strategies. Some of the Bank’s preparation
translated into leadership development programs. programs include the Service Manager Preparation
B. Providing training to all Maybank Indonesia employees Program, Area Service Operations Manager
in line with the Bank’s strategic focus direction on Preparation Program, Branch Manager Preparation
leadership development modules, namely General Program, Area Branch Manager Preparation Program,
Induction, Outplacement program, Basic Human and Future Leaders Preparation Program.
Centered Design, Effective Communication Skill, Roar J. Providing comprehensive development program to
Habit, Go For Excellence, Problem Solving & Decision prepare fresh graduates to fill positions in business
Making, Manager As Coach, Coaching for the Best and/or non-business units. The following are some of
Talent, Leading with Emotional Intelligence, Strategic the Bank’s development programs for fresh graduates:
Execution Program, and Digital Leadership. Information Technology Development Program,
C. Implementing a culture transformation program so Management Development Program for Mortgage,
that employees can apply the critical few behaviors Management Development Program for Credit,
and 5 practical habits with the spirit of One Team, One Management Development Program for Operations,
Direction, and New Energy. Relationship Management Development Program,
D. Supporting and realising the achievement of Privilege Banking Program, and Talenta Service
sustainability by holding a Sustainability program in Program.
2025, so that employees can understand and perform K. Implementing employee development programs
in accordance with the Sustainable Development to support the achievement of the Bank’s business
Goals in the Bank’s operational activities and in their strategy while still applying the principle of prudence
daily lives. that focuses on customers (customer centricity).
E. Strengthening the Bank’s image, including improving This development program aims to build a culture of
employer branding for fresh graduates and job compliance and strengthen employee capabilities in
seekers, through various programs involving terms of technical and soft skills development, one
universities and other related institutions. Some of of them is through giving scholarships for graduate
the activities that are carried out include campus programs to high-performing employees.
recruitment, job fairs, internships, speakers or L. Maintaining and developing “MyAdventure” as a new
practitioner lecturers in campus activities, and other learning experience with gamification methods to
activities, which provide benefits to the Bank. increase employee learning desire and employee
F. Increasing engagement with younger generation as engagement in using the learning platform provided in
an effort to reach quality talents and the Bank’s social the Maybank Indonesia Learning Management System.
responsibility through organising activities as campus
ambassadors (Maybank Student Mbassador), youth
empowerment programs, optimising social media and
other activities.
G. Building a coaching culture to assist employees
improve performance, develop their potential to the
maximum to support productivity.
H. Providing certification and trainings themed coaching
and mentoring to all internal trainers and line
managers, as well as forming an internal community
to strengthen and maintain the coaching culture at
the Bank.
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M. Carrying on with the focus on HC who have the X. Implementing a cultural transformation program
capabilities and qualities to support business growth where employees can achieve the expected behavior
and anticipate future successor needs through a of “Critical Few Behaviors” to increase productivity.
comprehensive employee development program and The Bank has built and will continue to implement
aligning it with the Bank’s strategy until 2025. agile working methods, by providing principles
N. Continuing the successor and talent planning and and consultations in implementing agile initiatives
development program through a combination of prepared by the “Lite Agile Squad” from each Work
formal learning, experiential-based and relationship- Unit, or across Work Units. This agile mindset and
based learning to improve capabilities and exposure method is intended to encourage employees to
to Bank management, thereby increasing readiness to continue to innovate in order to find opportunities for
occupy targeted positions. improvement. The Bank also formed a “Bionic Squad”
O. Implementing development programs for Junior which is a representative from each Directorate
Watch List (JWL). and Branch, as one of the drivers of the cultural
P. Applying the SKKNI standardisation program for transformation program to boost the implementation
SPPUR as determined by the regulator, namely the of expected behaviors.
formulation of work capabilities in the SPPUR field that Y. Supporting the M25+ strategy, especially to increase
includes aspects of knowledge, skills, and/or expertise sustainable long-term growth, the Global Banking
as well as work attitudes. Directorate brings in experts and experienced foreign
Q. Conducting competency improvement programs workers from the Maybank Group to develop the
related to coaching and communication for mentors capabilities of the local team and transfer knowledge
in branches, especially for employees who interact to expand the domestic and regional customer
directly with participants in the fresh graduate network and offer more comprehensive services that
development program, so that they are able to are aligned with customers’ business objectives.
communicate well and also provide targeted direction.
R. To support the achievement of the Bank’s business ORGANISATIONAL STRUCTURE
strategy and targets, a development program is To improve productivity, organisational effectiveness,
implemented for sales personnel in accordance with and performance optimisation, in 2025 Maybank
the training roadmap based on their function, position, Indonesia undertook a comprehensive organisational
and business segmentation. The development process transformation, including changes to several of the
continues until the competency standardisation Bank’s main functions to strengthen governance, synergy
process is effective and evenly distributed. between units, and the achievement of the Bank’s
S. Supporting the M25+ strategy “Intensify Customer strategic objectives, including:
Centricity” by strengthening the foundation 1. Community Financial Services Directorate:
and equipping employees in strengthening the Organisational alignment was implemented to
standardisation of services offered by various Bank strengthen the governance and risk management
touchpoints to customers. framework, while increasing the effectiveness of data-
T. Implementing development programs for support driven decision-making. This measure aims to support
functions related to business strategies and processes, more prudent, integrated, and sustainability-oriented
to contribute optimally to the Bank. retail business portfolio management.
U. Implementing the AAJI, AASI, WPPEP, WAPERD, Treasury, 2. Global Banking Directorate: The Bank made structural
SMR, CFP (Certified Financial Planner) Certification adjustments to strengthen the service model for
programs and their extensions to encourage corporate customers, increase synergies across
competency quality standards set by the Regulator. segments, and optimise the management of large-
V. Implementing reorganisation to increase the scale financing. This alignment is expected to increase
Company’s productivity through a comprehensive the competitiveness, efficiency, and quality of financial
organisational review. solutions offered to corporate customers.
W. As a form of creating a harmonious work environment
supported by productive and adequate Human
Capital, the Bank offers various programs that focus
on efforts to increase employee engagement towards
the Bank, that include various initiatives in the area
of employee health and welfare, talent engagement,
harmonious communication among Management
and employees and a work environment that supports
diversity, fairness and inclusivity (DEI).
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3. Risk Management Directorate: The Bank strengthened its governance and compliance support functions by refining
its structure to enhance the quality, integrity, and transparency of risk management and financial reporting, in line
with regulatory requirements and industry best practices.
4. Legal, Compliance, Corporate Secretary & Anti-Fraud Directorate: The Bank made structural adjustments to
strengthen the compliance framework and protect the Company’s interests, including in responding to increasingly
complex regulatory developments and non-financial risks.
5. Finance Directorate: Organisational alignment focused on strengthening integrated financial functions, including
liquidity management, asset quality, and financial risk control, to support the Company’s financial stability and
sustainable performance.
6. IT & Digital Directorate: The Bank is adjusting its structure to support its digital transformation program, strengthening
its information technology capabilities, and ensuring reliable, efficient management and delivery of digital services
aligned with business and customer needs.
7. Under the President Director: the Bank is strengthening its strategic support functions to ensure consistent
communication and corporate brand management, as well as to encourage synergy across work units to support
long-term value creation for all stakeholders.
HUMAN CAPITAL PROFILE AND DEMOGRAPHICS
Maybank Indonesia has a total of 6,635 employees. This figures considers business developments and operational
needs in terms of quantity and quality.
Number of Employees by Level of Organisation
Level of Organisation 2025 2024 2023
Executive Vice President 15 15 14
Senior Vice President 107 95 79
Vice President 411 389 359
Assistant Vice President 631 586 529
Senior Manager 903 882 811
Manager 1,338 1,372 1,274
Assistant Manager 2,632 2,900 3,072
Staff 425 572 652
Non-Staff 173 181 175
TOTAL 6,635 6,992 6,965
Number of Employees by Directorate
Directorate 2025 2024 2023
Community Financial Services 3,788 4,091 4,115
Finance 533 194 183
Global Banking 201 180 170
Human Capital 180 140 174
Information Technology & Digital 537 400 395
Legal, Compliance, Corporate Secretary and Anti Fraud 121 116 110
Operations 792 947 996
Risk Management 171 468 459
Under President Director 192 339 363
Sharia Business Unit 120 117 -
TOTAL 6,635 6,992 6,965
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Number of Employees by Gender
Gender 2025 2024 2023
Male 2,964 3,119 3,108
Female 3,671 3,873 3,857
TOTAL 6,635 6,992 6,965
Number of Employees by Education Level
Education Level 2025 2024 2023
Doctorate 2 2 -
Postgraduate 426 420 396
Bachelor 5,354 5,467 5,428
Associate (D1, D2, D3, D4) 691 752 766
High School and equivalent 162 351 375
Junior High School and equivalent - - -
Elementary School and equivalent - - -
TOTAL 6,635 6,992 6,922
Number of Employees by Employment Status
Employment Status 2025 2024 2023
Permanent 6,330 6,719 6,667
Non Permanent 305 273 298
TOTAL 6,635 6,992 6,965
Number of Employees by Age
Age 2025 2024 2023
17-25 years 203 270 366
26-30 years 1,045 1,204 1,193
31-35 years 1,397 1,488 1,539
36-40 years 1,479 1,479 1,398
41-45 years 1,013 988 936
46-50 years 716 686 651
>50 years 782 877 882
TOTAL 6,635 6,992 6,965
Number of Employees by Length of Services
Length of Services 2025 2024 2023
Less than 1 year 669 918 1,965
1 - < 3 years 1,331 1,637 777
3 - < 5 years 1,077 633 846
5 - < 10 years 1,181 1,275 1,045
10 - < 15 years 888 983 811
15 - < 20 years 515 400 458
20 years and above 974 1,146 1,063
TOTAL 6,635 6,992 6,965
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RECRUIT RIGHT
Maybank Indonesia’s recruitment strategy in 2025 is implemented consistently and continuously as part of the Bank’s
Human Capital (HC) management framework, and is aligned with its business strategy and the continuation of the
M25+ Transformation. The focus of the recruitment strategy is directed at ensuring the availability of HC with the right
capabilities to support the Bank’s sustainable growth, while still paying attention to organisational productivity and
efficiency.
Recruitment is positioned as a strategic process to ensure the placement of the right HC in the right positions, and is not
solely aimed at increasing the number of workers needed. The Bank implements a selective and measured recruitment
approach by prioritising the fulfillment of critical positions that have a significant impact on business continuity, risk
management, compliance, and strengthening the Bank’s digital and business capabilities. In meeting HC needs, the
Bank continues to prioritise optimising internal talent through mobility, development, and succession planning.
As a foundation for recruitment, the Bank consistently applies the Recruit Right principle, based on the 4Cs: Competence,
Commitment, Contribution, and Cultural Fit. This principle ensures that recruited candidates not only possess the
technical and non-technical competencies that align with the organisation’s needs, but also demonstrate commitment,
integrity, and alignment of values with the work culture and principles of Humanising Financial Services, which underpin
the Bank’s operations.
1. Competence: Competence encompasses technical and non-technical skills relevant to the organisation’s needs.
Individual competencies can be identified through specific behavioral indicators, such as analytical skills, leadership,
and innovation.
2. Commitment: Commitment ensures that individuals have an emotional and professional attachment to the
organisation’s goals.
3. Contribution: Contribution is not only measured by individual performance results, but also by contributions in
creating a collaborative and conducive work environment.
4. Cultural Fit: Cultural fit is a crucial factor because individuals who have values that are aligned with the organisation
are more likely to have higher levels of productivity and performance satisfaction.
The recruitment process is conducted objectively, transparently, and inclusively, in line with the Bank’s commitment to
implementing the principles of Diversity, Equity, and Inclusion (DEI).
In 2025, the Bank successfully recruited 661 professional employees (pro-hire) from various companies with the required
skills and experience, and organised 10 fresh graduate programs for 144 fresh graduates from various universities.
The data for the last three years related to Maybank Indonesia’s professional hires and fresh graduates are as follows:
Description 2025 2024 2023
Pipeline program 144 91 119
Professional hires 661 948 986
TOTAL 805 1,309 1,105
In addition to meeting short-term Human Capital needs, the recruitment strategy is also aimed at improving the quality
of the recruitment process and supporting long-term talent sustainability. The details are as follows.
1. Enhancing the process quality and compliance in the entire recruitment process.
2. Continuing to strengthen the Pre-Employment Checking process.
3. Expanding positions in talent mapping to identify talents both from within and outside the Bank to fill strategic
positions.
4. Collaborating with other work units to create synergy in understanding talent needs and market conditions.
5. Strengthening Maybank Indonesia’s employer branding through various activities, such as:
a. Collaboration with universities: Bank employees serving as resource persons, guest lectures, company visits, and
other similar activities. In 2025, 12 collaborative activities were held in collaboration with several universities in
Indonesia.
b. Increasing the number of mass hiring, campus hiring, and job/career fairs.
c. Intensifying the publication of relevant content about the daily lives of Maybankers on social media.
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6. Expanding the internship recruitment pathway to:
a. Regular internship acceptance pathway from university partners.
b. Project-based internship acceptance pathway.
c. Acceptance pathway through collaboration with the Ministry of Manpower, namely the National Internship
Program.
7. Implementing various programs in an effort to attract quality young talent through the #Mbassador program
through 11 activities held in 2025.
In general, Maybank Indonesia’s 2025 recruitment strategy reflects the continuity of its HC management policies,
disciplined workforce planning, and strong alignment between the Human Capital function and the Bank’s business
strategy. With a capability- and value-driven approach, recruitment is expected to continue to play a role in supporting
the Bank’s performance and creating long-term value for all stakeholders.
EMPLOYEE TURNOVER CONTROL
In 2025, the Bank’s employee turnover rate was recorded at 9.99%. The Bank’s efforts to control employee turnover
include:
1. Implementing flexible work patterns tailored to the type of work in each work unit to create flexibility in work patterns.
2. Emphasising competitive compensation acceleration by aligning employee competencies with the workload.
3. Providing appropriate training and intervention programs according to the Bank’s business needs.
4. Continuing tactical referral program campaigns to accelerate the fulfillment of vacant positions.
5. Continuously providing various retention strategy programs through retention programs, successor planning, and
total rewards offerings that include employee engagement initiatives, well-being initiatives, and employee benefits
(housing loans, vehicle loans, and so on).
Employee Turnover Rate
Turnover 2025 2024 2023
Hired Employees 805 1,039 1,105
Voluntary Leaving Employees 692 703 723
Turnover Rate 9.99% 10.21% 10.73%
EMPLOYEE ENGAGEMENT (CULTURE AND Employees are also given space to develop their
ENGAGEMENT) potential through participation in various internal and
Employees are the Bank’s primary asset in supporting its external competitions, such as talent contests, creative
strategic goals. Therefore, Maybank Indonesia consistently videos, writing, speeches, cooking, beauty classes, step
strives to create an agile and collaborative work challenges, host/MC competitions, and inter-bank sports.
environment, and provide a work experience that pays In supporting self-development outside the Company,
attention to aspects of work-life balance and employee the Bank provides the right to self-actualisation leave
well-being. for 2 (two) days every year. In addition, employees are
encouraged to contribute to sustainability actions through
In 2025, the Bank continued to strengthen its commitment involvement as volunteers in various Bank CSR activities,
to employee health and well-being through the such as Cahsville Kidz Bootcamp and educational
implementation of various routine programs in programs at Taman Baca. The Bank also organises
collaboration with corporate partners such as Health various thematic celebrations as part of an effort to
Talk, the Healthy Reward Program, and MyWell Day. strengthen employee engagement.
Additionally, the Bank provides various supporting
facilities such as health check-ups services, blood In line with its digital transformation efforts and
donation activities, influenza and HPV vaccinations, strengthening its culture of engagement, the Bank
and sports activities through various employee clubs has also gradually begun adopting the MSocial
and communities. The Bank also held refresher training platform, which will be used as a group-wide internal
sessions for employees who have been selected as communication medium. Employees can also express
Mental Health First Aiders (MHFA) to strengthen their role appreciation for each other through the Recognition Card
in providing initial psychological assistance to colleagues feature in MyHR2u system, which is designed to strengthen
in need. a culture of mutual respect and encourage cross-team
collaboration.
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The Bank continues to maintain a harmonious relationship Maybank Indonesia continues to leverage technological
between management and employees through the innovation across its learning platforms, including
Best Employee Award (BEA) program, where the Winners e-learning, to deliver a more relevant, flexible, and
are also nominated to participate in the selection at engaging learning experience. One of the leading
the Regional/Group level. To gain direct insight from initiatives is the launch of a new e-learning platform
employees, the Bank also held several engagement featuring a learning wallet, which allows employees
sessions between the Board of Directors, including the to manage their development more independently,
Group President & CEO, with Talents, through interactive interactively, and integrated manner. Through the use
forums such as Focus Group Discussions (FGD), Martabak of this technology, Maybank Indonesia reinforces its
for Maybankers, BOD Roadshow, and “Kopi with Khairul.” commitment to continuously strengthening Human
Moreover, employees can submit ideas anonymously Capital capabilities as the Bank’s strategic assets, while
through the Ping to Top channel aimed at Senior and Top supporting the sustainable achievement of its business
Management as a form of active participation from all goals and corporate strategies.
levels in organisational improvement.
Maybank Indonesia continuously runs leadership
In 2025, the Bank also renewed and inaugurated the development programs for successors to fill key
Women’s Council management as a community for positions in branches, as an effort to maintain leadership
women leaders in formulating empowerment programs sustainability and maintain high standards in the Bank’s
and increasing the engagement of female workers. leadership management.
The Women’s Council was also involved in the kick-off
activities of the women’s empowerment and natural Along with that, the quality of training implementation
resource conservation program initiated by the Maybank continues to be improved through various strategic
Indonesia Foundation in collaboration with the Women’s initiatives, including preparing and equipping internal
Cocoa Farmers Group in Kampung Merasa. Other trainers to be able to deliver training materials online
Women’s Council programs also always prioritise the One more effectively and efficiently. Thus, each training
Maybank principle by involving Subsidiaries and Sister program remains relevant, interactive, and provides
Companies as a unified ecosystem. optimal impact on employee capability development.
DEVELOP RIGHT Through the various development initiatives, Maybank
In facing increasingly competitive business competition Indonesia successfully recorded a total of more than
and rapid technological developments, Maybank 473,000 training hours in 2025, equivalent to an average
Indonesia continues to strengthen its commitment to of 9 days of learning per employee. This achievement
improving the quality and capabilities of human capital encompasses various training methods, including the
as the Bank’s strategic assets through the implementation utilisation of e-learning platforms, which significantly
of structured, comprehensive, and tiered development increases the accessibility and effectiveness of the
programs aligned with organisational levels, to support learning process. This performance shows an increase
employees’ personal and professional development, while compared to the previous year, both in terms of total
preparing future leaders who are competent, adaptive, training hours and employee participation. In 2025, 99%
and highly competitive. All of these development of employees had participated in training programs,
programs are designed in accordance with the Bank’s reflecting the Bank’s strong commitment to encouraging
business strategy to ensure effective, efficient, and equitable and sustainable HC capability development at
integrated implementation, thus enabling significant all levels of the organisation.
contributions to the Bank’s sustained performance
improvement, with reference to the four key stages of
development, namely Training Needs Analysis, Training
Design, Training Implementation, and Training Evaluation.
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Maybank indonesia’s talent management consistently This approach ensures that each development program
focuses on the implementation of succession is not only relevant but also encourages comprehensive
management to ensure the availability of competent and sustainable employee competency improvement.
successors, both in terms of hard skills and soft skills, to Meanwhile, in order to develop the content of the
fill critical positions in the future. These critical positions employee competency development program, the Bank
include Mission Critical Positions (MCP) and Operations designed a program that aligns employee’s field of work,
Critical Positions (OCP). The succession management position, and level, which is then categorised into 5 (five)
process includes talent identification, providing levels based on organisational level, as follows:
fundamental data, and planning targeted development • The Foundation level, which focuses on Execution, is
programs. This entire process is planned and evaluated intended for Staff and Assistant Manager levels.
periodically every year through talent reviews, which • Intermediate 1 level, which focuses on Building
include talent classification for all employees and Relationships, is intended for Manager and Senior
identification of potential talents as future leaders, so Manager levels.
that the bank has accurate reference data to support • Intermediate 2 level, which focuses on Influence and
employee development and remuneration policies in the Empowerment, is intended for Assistant Vice President
future. and Vice President levels.
• The Advance level, which focuses on Strategic
Talent assessment focuses not only on past performance Direction and Alignment, is intended for Senior Vice
but also encompasses the potential for continuous President and Executive Vice President levels.
development of each employee. Furthermore, talent • C-Level level, which focuses on Visionary Direction and
management includes Maybank Indonesia’s subsidiaries Alignment, is intended for Director level.
and sister companies, to align methodologies for talent
identification and development. With this approach, These levels are designed to help employees follow
the Bank can build a broader, more integrated, and the training program that is necessary for their specific
sustainable talent pool across the Maybank Indonesia level or position. This is also in line with the leadership
ecosystem. competencies that have been adopted by Maybank
Indonesia, which are called SEARCH(+) competencies and
EMPLOYEE COMPETENCY DEVELOPMENT consist of SEARCH:
MODEL • Strategic Visioning
In developing employee competencies, Maybank • Engaging and Developing Talent
Indonesia applies the 70:20:10 development principle • Spirit of Achievement
as the main framework in designing learning programs • Cultivating Relationship
that have optimal impact. This principle encourages • Customer Centricity
employees to learn through direct experience in the • Innovation and Change
workplace (on-the-job learning) by 70%, relationship- (+) Competencies:
based and collaborative learning such as coaching, • Raising The Bar
mentoring, and discussions with superiors or colleagues • Navigating Complexity
by 20%, and formal training, either in classes or e-learning • Global Acumen
by 10%, so that the development process runs more
comprehensively, applicable, and sustainably. To develop HC sustainably, Maybank Indonesia pays
special attention to employees who are considered to
As an implementation, Maybank Indonesia developed have high potential and performance to be prepared as
a structured training model known as Structured successors in the future. They are given the opportunity
Learning, where each program is designed holistically to follow a specifically designed development program,
to accommodate all elements in the 70:20:10 principle. based on the 70:20:10 principle, in order to optimise the
This model combines various learning methods, such best potential in the talents. This program is also designed
as briefing classes, on-the-job training, and mentoring to provide direct exposure to the Board of Commissioners,
programs, and is equipped with a comprehensive Board of Directors, and management to improve
evaluation process through written tests and in-depth leadership and strategic thinking capabilities, as well as
assessments by the Board of Examiners (BOE) to ensure business analysis acumen.
the effectiveness of the program and the quality of
learning outcomes.
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As part of an integrated development approach that Maybank Indonesia continues to deliver face-to-face
covers all levels of the organisation, Maybank Indonesia training programs to enhance learning effectiveness,
also privides BOC Executive Learning Course for the Board particularly for technical banking competencies. In
of Commissioners. This online learning program features addition, the Bank provides relevant and up-to-date
speakers and learning materials from leading global supplementary learning materials through self-produced
educational institutions, with a primary focus on Future instructional videos. These videos are readily accessible to
Ready Skills and Sustainable Finance topics. all employees via the MyCampus application.
The Board of Directors’ competency development is Maybank Indonesia has produced more than 70
conducted through the BOD Privilege Program, which instructional videos and e-learning materials covering
covers several leading initiatives: both technical and non-technical banking materials.
• Executive Speaking, a public speaking activities by This reflects the Bank’s commitment to providing high-
the Board of Directors in institutions, communities, or quality, relevant, and sustainable learning content.
media related to certain topics. Furthermore, the Bank provides access to external
• BOD Reachout Program (Region Adoption/Visit), a learning platforms such as Qubisa and Percipio as flexible,
mentoring, coaching, and online visit program to self-paced learning tools, allowing employees to access
branch offices and regions in Indonesia to support learning materials anytime and anywhere to meet their
performance achievement, develop key talents, competency development needs.
and provide strategic direction in improving the
effectiveness of work processes in branches and In 2025, the Bank implemented numerous development
regions. programs designed to enhance employee skills and
capabilities in a targeted manner, with a primary focus
Furthermore, the Board of Directors also plays an on improving individual performance that directly
active role as mentors and sponsors in various internal impacts the Bank’s overall performance. These programs
development programs of the Bank, ensuring the include strengthening selling skills, deepening business
sustainability of HC development at all levels of the understanding, enhancing credit analysis capabilities, and
organisation. establishing a culture of compliance by raising employee
awareness of the importance of regulatory compliance.
REALISATION OF EDUCATION AND TRAINING
PROGRAMS The Bank also ensures that all certification programs
In 2025, Maybank recruited 235 young professionals required by regulators are optimally completed.
through 10 graduate development program batches to Furthermore, the Bank develops learning journeys tailored
meet Human Capital (HC) requirements and strengthen to the needs of each business unit to ensure relevant and
the organisation’s bench strength across both business targeted capability development. In line with this, the
and support functions. The learning process was Bank also emphasises improving technical skills through
delivered through a blended approach, combining online various programs focused on improving competency in
and in-person training to ensure effective capability data analysis, financial modeling, as well as the effective
development. utilisation of banking systems and software.
The programs conducted in 2025 include the Privilege By sharpening these skills, the Bank equips its employees
Banking Program with 1 batch and a total of 12 with the training needed to enhance the quality of
participants, the Talenta Service Program for Customer their decision-making processes as well as maintain a
Service and Tellers with 2 batches and a total of 74 high level of accuracy in carrying out daily tasks. These
participants, the IT Development Program with 1 batch and training programs also reinforce a culture of continuous
a total of 20 participants, the Management Development learning, ensuring employees are always prepared to face
for the Mortgage segment with 1 batch and a total of 14 evolving industry trends and technological advances.
participants, the Management Development for the Credit This comprehensive approach empowers employees to
segment with 2 batches and a total of 53 participants, the deliver their best performance and encourages optimal
Management Development for the Operations segment performance, both at the individual and organisational
with 1 batch and a total of 26 participants, and the levels.
Relationship Management Development Program with 2
batches and a total of 35 participants.
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In line with this, to develop the leadership capabilities In order to support the achievement of organisational
for talents at various levels, in 2025 the Bank again held performance in 2025, Maybank Indonesia aligns its
structured leadership development programs for talents strategy across all functions through the implementation
as follows: of the BIGER (BIONIC TIGER) 2025 program. This program is
a) M25+ Unlimited Potential (M25+UP) is an initiative a team building session organised by each work unit with
program from Maybank Group Human Capital for the aim of strengthening collaboration among employees,
Bank leaders as a progressive leadership development improving skills in utilising empowerment technology and
program by combining classroom experience the M2U digital application, as well as raising awareness
activities, industry insights and action learning of sustainability principles. BIGER 2025 is designed to
projects. The strategic objective of this program is to align strategies at the directorate and regional levels with
ensure Bank Managers and leaders support the Bank’s Maybank’s overall corporate strategy.
long-term strategic plan.
b) The Executive Development Program (EDP) is a In addition, the Bank also organised various Sustainability
comprehensive program for senior leaders of the Bank trainings including the Sustainability Report Workshop,
as an effort to shape leaders’ mindset towards the MSPC White Belt, MSPC Green Belt, MSPC Red Belt, and
M25+ strategy, develop their potential, and enhance MSPC - Grand Conference 2025, providing employees
their readiness as successors to leadership at the with knowledge and competencies needed to integrate
Board Of Directors level. sustainability principles into their respective professional
c) Conversation with C-Suite (CWC) is a program where roles and organisational functions.
Bank leaders and talents can interact directly with the
Bank’s Executive Committee at the Maybank Group Faced with increasingly challenging business dynamics,
level. This program provides learning opportunities Maybank Indonesia consistently continues to improve
for Bank leaders and talents from the Executive the competencies and capabilities of its employees in
Committee through their leadership experiences and the Human Capital field to remain relevant to current
connecting them to the Bank’s goals. developments. This effort is carried out through employee
d) Talents at Maybank Indonesia, especially BOD participation in various professional certification
successors, are also given the opportunity to develop programs, including Certified Human Resources
themselves through the Executive Coaching program. Professional (CHRP), SDM Certification, Advanced Human
With this program, talents are expected to develop Capital Accomplished (AHCA), Administrative Human
their leadership. This Coaching culture is continued Resources Professional (AHRP), and Basic Human
through the Leaders Groom Leaders program where Resources Professional Program (BHRP), as a form of
BOD successors become coaches/mentors for young strengthening the strategic and operational capabilities
talents at the Bank. of the HC function at the Bank.
In addition to these programs, there are many other In 2025, Maybank Indonesia continued and redeveloped
training programs themed Future Ready Skills through its cultural transformation program, where employees can
The Guru Series seminars. In-person and online training achieve the expected behaviors to increase productivity.
and development, as well as ongoing activities include To ensure the transformation is comprehensive, in
the General Induction Program, Induction Program, Go 2025, the Bank has established 12 (twelve) critical
for Excellence, Roar Habit, Effective Communication Skills, behaviors as the main guide in shaping individual and
Manager as a Coach, Problem Solving and Decision collective behavior across all lines of the organisation.
Making, Basic Human Centered Design, Coaching for As a continuation of the 12 critical behaviors, the Bank
the Best Talent, Outplacement, Ms Excel, Creativity introduced 5 habits that can be practiced daily as a
and innovation. These programs run throughout 2025, form of refining and strengthening the implementation of
reaching more than 6,000 employees who participated in work culture in daily activities. These five habits serve as
leadership and power skills training. practical guides that assist employees internalise cultural
values consistently across all levels of the organisation.
In addition, the Bank introduced a new self-development
habit every week, which is an encouragement for each
individual to learn something new every week, which
is part of team development through a Coaching
& Mentoring culture. The Bank also formed Bionic
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Champions and Bionic Squads as communication bridges to help socialise and accelerate the implementation of the
cultural transformation program throughout the organisation. To support this role, the Bank held a Bionic Squad Team
Leader Session to equip Team Leaders to provide direction, mentoring, and ensure optimal active member involvement
throughout the transformation process. Furthermore, the Bank conducted Refreshing Training for the Bionic Squad as
an effort to realign their understanding and strengthen their roles. The Bank further held a Bionic Squad Edu Trip which
aimed to strengthen solidarity among members, enhance communication and collaboration, and create positive
experiences that support the spirit and sustainability of cultural transformation within the organisation.
The 2025 realisation of employee competency development, reflecting the Bank’s commitment to sustainable efforts in
enhancing the quality of Human Capital across all levels of the organisation, is presented in the following table.
Types of Education and Training Units 2024 2025
Technical Programmes
Banking Skills (Treasury, Compliance, Audit, Operation, Service Quality) 11,686 11,041
Credit Skills 405 505
Sales & Consumers Person 4,059 2,495
Technical – Non Banking Skills 6,619 4,150
Leadership & Soft skills 7,781 10,485
Induction Programmes
Privilege Banking Programme 64 12
Talenta Services 101 74
Management Development Programme RSME 53 53
Person
Management Development Programme Mortgage 20 14
Relationship Management Development Programme (RMDP) 21 35
IT Development Programme - 20
Management Development Programme - Operations - 26
Certification Programmes (*)
Risk Management Certification 93 96
Mutual Fund Certification (Waperd) 87 97
AAJI Certification % 98 99
Treasury 94 97
WPPEP EBUS 100 100
* The data submitted is only for targeted employees.
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No E-learning Completion (%)
1 Code of Conduct 100%
2 Living the Core Values of T.I.G.E.R 99%
3 E-Learning Anti-fraud, Suap, dan Korupsi 99%
4 Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme 100%
5 Operation Risk Management 100%
6 Information Security Awareness 99%
7 Business Continuity Management 98%
8 LEAN 100%
9 Perlindungan Data Pribadi (Personal Data Protection) 92%
EMPLOYEE COMPETENCY DEVELOPMENT EXPENSES IN 2025
The Bank remains committed to effectively managing education innitiatives to support the various training programs.
The transition in training methodologies has significantly contributed to increased utilisation of education and training
funds.
In 2025, the Bank’s education fund realisation in the fourth quarter represented 6.11% of total gross salaries in 2025.
This allocation underscores the Bank’s commitment to executing its strategic agenda for sustainable employee
development.
The Bank adopted a hybrid approach to learning and development, designed to enhance flexibility while strengthening
the effectiveness of its training programs. This approach is expected to deliver optimal impact in advancing the
capabilities and competencies of the Bank’s human capital.
Employee Education and
2025 2024 2023
Training Costs
Ratio 6.11% 6.48% 7.12%
Total Rp86.77 billion Rp86.78 billion Rp95.64 billion
HC INFORMATION SYSTEM Mayang2U is an Artificial Intelligence (AI)-based chatbot
The Bank constantly develops internal systems for service that provides real-time responses to various
its employees to support digital and efficient human employee questions related to human capital policies
resource management, including MyHR2u, MyCampus, and personnel administration. This service is designed to
Mayang2U, MyJourney, and SAP. One of the main provide fast, accurate, and efficient solutions in meeting
platforms is MyHR2u, an employee self-service and the needs of employee information and services.
management self-service based system that facilitates
employees’ access to various employment administration SAP is a platform used to manage organisational
processes. Through this platform, employees can apply structures, personnel data, payroll, and employee benefits.
for leave, update personal data, and access personnel- SAP helps ensure transparent, structured, and efficient
related information quickly and easily through the website employee data management. Equipped with integrated
and mobile application. features, this platform is a crucial element in supporting
the Bank’s personnel administration process.
MyCampus is a platform that focuses on managing
employee training and development. MyCampus offers The Bank continues to develop these systems by
learning materials in various interactive formats, such improving data security, optimising user interface design
as videos, articles, e-books, and podcasts. This platform (UI/UX), and improving server performance. These
aims to foster a growth mindset, support the development measures aim to ensure that the HC information system
of Future Ready Skills through the application of Agile can function optimally, innovatively, and efficiently in
methodology, as well as enhance employee learning supporting employee productivity and supporting the
experience with user interface (UI/UX) designs based on achievement of the Bank’s vision and mission.
Human-Centered Design principles.
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REWARD RIGHT employees’ holistic and sustainable well-being. In 2025,
Maybank Indonesia consistently adhered to the Total the Bank offered a unique award, the Gold Savings
Rewards philosophy as a comprehensive approach Program. Beyond serving as a token of appreciation,
to managing employee compensation and rewards. this award represents a long-term financial asset with
This philosophy encompasses both financial and non- potential value appreciation. This form of appreciation
financial rewards, covering short-term and long-term also encourages employees to develop financial literacy
incentives, while placing strong emphasis on employee and investment awareness.
welfare as a key component in encouraging employees
to grow and deliver their best performance sustainably. Furthermore, the Bank implements a range of employee
Through an integrated total rewards ecosystem, the Bank welfare initiatives focused on mental health, nutrition,
ensures that each reward component aligns with the and physical fitness, enabling employees to maintain
Company’s business objectives, culture, and values. healthier, more balanced lifestyles while enhancing
engagement and workplace productivity. A free
The implementation of the Total Rewards philosophy is vaccination program for employees is also provided as
based on the 3P principle: position, performance, and part of the Bank’s commitment to the health and well-
person (individual competence), upholding the principle being of its workforce, supporting healthy, protected
of equality in providing competitive and responsible employees who are better prepared to contribute
remuneration. The Bank continues to transform its reward optimally to the Bank’s sustainable performance.
system from a transactional approach to a more people-
centric one. This approach aims to increase employee AWARDS
engagement and loyalty, strengthen organisational In 2025, Maybank Indonesia honored with several awards
resilience, and support efforts to attract and retain for its achievements in Human Capital management
potential talents. and development. These awards also serve as tangible
expressions of external recognition in assessing Maybank
In line with efforts to strengthen a performance-based Indonesia’s success in the Human Capital sector. The
culture, the Bank implements a performance-based awards received are as follows:
remuneration strategy, in which employees’ variable 1. Employee Experience Award 2025 by Human
compensation is determined by individual contributions Resources Online
and performance achievements, while also taking • Best HR Digital Transformation & Strategy – Silver
into account the Bank’s performance and capabilities. • Best HR Communication strategy – Silver
The Bank’s target for annual total cash received by • Best in house candidate experience – Silver
talent is higher than the market median, including • Best Talent Sourcing and attraction strategy –
fixed compensation and variable compensation, such Bronze
as performance bonuses and the Sales Incentive Plan • Best Holistic Leadership Development program –
(SIP) for Sales employees. In addition, the Bank builds a Silver
performance-based culture through an appreciation 2. Business Asia Indonesia Award
program where Management provides direct appreciation • The Best Human Capital Investment 2025
for short-term (small wins) and long-term achievements. • Best Digital Innovation 2025
This award can be given massively in the form of Mini • Best of The Best Human Capital 2025
Celebrations to recognise team performance, increase • The Best Performing Director Human Capital 2025
productivity and efficiency, and strengthen employee for Irvandi Ferizal
togetherness in supporting Company performance. 3. HC on Resilience Award 2025 by First Indonesia
Magazine
In an effort to improve employee retention and • The Best Digital Transformation in Human Capital
engagement in accordance with the Bank’s Humanising Award
Financial Services philosophy, the Bank places employee • The Best Sustainable Development and Decent Job
welfare and family life as an important part of its human Award
capital management strategy. In addition to competitive • The Best Innovation in Education and Training
base salaries and performance-based bonuses, the Bank Award
provides a comprehensive benefits package available to • The Best Human Capital Leadership Award for
all employees, including health programs, pension funds, Irvandi Ferizal
annual leave entitlements and special leaves provisions,
as well as employee loan facilities offered at preferential
interest rates. These programs are designed to promote
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4. HR Asia Awards 8. HR Excellence Award
• HR Asia Tech Empowerment Awards 2025 Gold recognition for:
• HR Asia Sustainable Workplace Awards 2025 • Excellence in HR Communication
• Platinum Award - Best Company to work for in Asia • Excellence in Employee advocacy & brand
2025 (the only company in Indonesia received it for ambassador
10th consecutive years, only 7 companies in Asia • Excellence in Cross Generation Workforce
received it and MBI is 1 of the 7 companies, marking • Excellence in HR Innovation
the 1st in Indonesia) • Excellence in In House Talent Pipeline
5. CHRO Retreat 2025 by HR Asia • Excellence in Workforce Mobility
• Chief Human Resources Officer of the Year 2025 for Silver recognition for:
Irvandi Ferizal • Excellence in Total Rewards Strategy
6. Indonesia Human Capital Award 2025 by Warta • Excellence in AI Powered HR Solution
Ekonomi • Excellence in Employer Volunteerism
• The Best Human Capital 2025 for Optimising • Excellence in Talent Acquisition
Productivity Through Innovative and Sustainable • Excellence in Gig Workforce Management
HR management. 9. Prosple: Top 8 Company for Fresh Graduates
7. Indonesia Leadership Awards 2025 by World HRD
Congress
• Best Employer Brand Awards 2025
• Top HR Leader 2025 for Irvandi Ferizal
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INDUSTRIAL RELATIONS 3. Collaboration with Internal and External Stakeholders
The Bank implements and carries out an industrial In managing industrial relations, the Bank establishes
relations strategy as a strategic element that is productive cooperation with relevant stakeholders,
inseparable from the organisational sustainability, including government agencies in the employment
where its management requires a comprehensive sector, to ensure that the implemented industrial
and integrative approach, and is based on fairness relations policies and practices are always in line with
and transparency. An effective industrial relationship applicable provisions and norms.
is not only oriented towards fulfilling the rights and 4. Digital Transformation as an Enabler of Industrial
obligations between management and employees, Relations
but is also designed to create a work ecosystem that Along with technological developments, industrial
supports productivity, employee welfare, and business relations governance also utilises digitalisation to
sustainability in a balanced manner. improve the efficiency, accuracy, and transparency of
employment management. The use of technology is
In this context, industrial relations governance serves as applied in employee data management, employment
the main framework that regulates how the Bank and administration, and internal reporting systems, to
employees, including employee unions as representatives support more effective managerial decision-making,
of the workforce, work together to achieve harmonious without neglecting the applicable formal industrial
and sustainable working relationships. Amidst the relations mechanisms.
dynamics of the global economy, developments in
employment regulations, and digital transformation, Industrial Relations Activities: Strategic Initiatives for
industrial relations management is required to be Harmony and Productivity
increasingly adaptive and proactive. 1. Formulation of Inclusive Employment Policies
The formulation of fair and adaptive employment
In 2025, industrial relations within Maybank Indonesia was policies is the foundation for maintaining harmonious
in a conducive and well-managed condition, and did not industrial relations. The Collective Labor Agreement
cause any disruption to the Bank’s operational activities. (PKB) is designed through the active participation of
Any potential employment issues are managed through labor unions, thus reflecting the balance between the
internal mechanisms in accordance with applicable Bank’s business interests and employee welfare, while
regulations, prioritising dialogue and resolution through adhering to applicable legal provisions.
deliberation. 2. Systematic and Collaborative Conflict Management
Managing potential conflicts is a key focus in industrial
Industrial Relations Governance: Structured Strategic relations. The industrial relations work unit actively
Pillar Based on Compliance and Collaboration identifies potential problems early and manages
1. Commitment to Inclusive and Adaptive Employment them through a structured approach that prioritises
Policy deliberation for consensus. This approach allows each
Good industrial relations governance begins with a issue to be resolved internally and proportionally.
commitment to the implementation of applicable 3. Partnership with Employee Unions
employment regulations, both external and internal. The Bank and Employee Unions establish a partnership
This commitment is not merely interpreted as fulfilling based on the principles of mutual respect and trust.
formal legal aspects, but rather as a continuous effort Through ongoing bipartite forums, the Bank and
to uphold the principles of fairness, openness, and Employee Unions work together to maintain harmony,
respect for the rights and obligations of the Bank and peace, and order in the workplace, while also acting
employees in the workplace. as an early prevention mechanism for potential
2. Responsive and Integrated Organisational Structure employee relations problems.
The Bank establishes a special industrial relations work
unit that has a strategic role in managing employment
issues, both from the aspect of prevention and
resolution. This structure also functions to provide
strategic input to management so that industrial
relations policies remain aligned with applicable
provisions and support the Bank’s long-term vision.
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4. Policy Socialisation with a Humanising Approach. PLAN AND STRATEGY FOR 2026
The Bank, through its industrial relations work unit, As part of the Bank’s commitment to strengthening
actively disseminates updates to employment policies competitiveness and ensuring organisational readiness
through ongoing education and communication to face the dynamics of the financial industry, Maybank
programs. This approach aims to increase employee Indonesia places HC development as one of its strategic
understanding of employment regulations and priorities. Maybank Indonesia believes that competent,
support the creation of a work culture based on adaptive, and value-aligned HC are the main foundation
mutual respect and transparency. in supporting the achievement of sustainable business
strategies. Looking ahead, the Bank’s HC development
RETIREMENT AND EMPLOYMENT TERMINATION plan for 2026 is as follows:
In managing retirement and employment termination,
the Bank consistently adheres to applicable laws and A. Growth Acceleration for Bank Improvement
regulations, as well as internal Bank policies. Each process 1. Strengthening HC management to optimise
is implemented with an approach that prioritises two-way employee productivity in the spirit of growth.
communication, transparency, and respect for employee 2. Continuously revitalising the organisation to ensure
rights in order to maintain a balance of interests between an optimal work model for the Bank’s business
the Bank and employees. growth, supported by strategic HC fulfillment by
paying attention to the appropriate workforce
Retirement age provisions are stipulated in the Collective composition.
Labor Agreement (PKB), and the Bank organises a 3. Strengthening the involvement of Work Unit
Retirement Preparation Period Program (MPP) as a form of Leaders, Branch Managers and Line Managers as
support for employees entering retirement. This program drivers of productivity, operational risk mitigation,
is designed to assist employees in preparing financially, and people management.
mentally, and socially more comprehensively. 4. Enchancing productivity by ensuring optimal
fulfillment of HC capabilities and capacities.
In implementing termination of employment relationships 5. Ensuring productivity based on directed and
other than retirement, the Bank ensures that each measurable performance targets and focusing on
process is conducted selectively and measured. In both processes and end results.
2025, the implementation of termination of employment 6. Implementing a performance-based reward
relationships did not cause industrial relations disruptions system and positive consequence management,
or systemic impacts on the Bank’s operations. supported by proactive employee retention efforts
amidst tight HC competition.
Effective industrial relations governance and activities are 7. Improving integrated data management from all
an important foundation for the Bank’s long-term success. work units in HC.
By integrating compliance, strategic collaboration, 8. In order to improve HC capabilities, the Bank
and a humanistic approach, the Bank is able to create optimises various learning methods including
harmonious and productive working relationships. offline, online, and hybrid approaches, to ensure
In 2025, industrial relations management was the development process is adaptive, relevant, and
implemented in a stable manner and in line with has a positive impact on business growth.
applicable regulations, while supporting the Bank’s 9. Increasing various engagement initiatives to
business sustainability and reputation as an institution strengthen employees’ sense of pride as part
that upholds the values of integrity and sustainability. of Maybankers, involving Unit Leaders, Branch
Managers, and Line Managers in various sessions
to strengthen synergy and team spirit.
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B. ROAR30 Future-Ready C. Sustainability of Human Capital
Maybank Indonesia continues to strengthen its 1. Fostering a culture and capability of sustainability,
foundations in facing futurisation within the M30 including encouraging sustainability initiatives in
strategy. This effort aims to build a high-performing Human Capital.
and future-ready workforce, with a growth mindset 2. Continuing a culture that supports new innovations
and a customer-centric approach, to ensure business in creating relevant and effective solutions,
sustainability and smooth operation. In 2026, the main including facilitating space for increased creativity
focus will be directed towards the following strategic and collaboration.
priorities: 3. Ensuring that potential successors are available
1. Transforming the Bank’s HC Mindset and Culture by and ready to fill critical strategic positions.
fostering a productive, energetic, and collaborative 4. Ensuring the readiness of the Bank’s HC through
culture, grounded in renewed goals and core the implementation of succession planning and
values. Various initiatives are being undertaken accelerated development for talents occupying
to encourage a mindset shift towards enterprise- critical positions and their successors to address
scale thinking, bold innovation, and the integration existing competency gaps.
of Agile principles into daily work practices. 5. Implementing Human Capital 1-Conglomeration
2. Building a future-ready workforce supported by as a strategic approach to unify HC policies
AI technology, agile and results-oriented. The and practices across entities to create synergy,
HC structure and composition are continuously efficiency, and alignment.
adjusted to business needs to create people- 6. Implementing knowledge management more
based excellence. This step aims to enable broadly.
the Bank to provide faster, better, and more 7. Continuing the promotion and implementation of
meaningful services to customers. Good Corporate Governance (GCG) and a culture
3. The Bank is committed to cultivating superior of compliance, including preventive and mitigating
talents who are ready to play a role at the actions, as part of Maybankers’ way of working.
regional level and support the achievement of 8. Continuing the implementation of mandatory job
Maybank’s long-term strategy through continuous rotation.
learning programs, leadership development, and 9. Prioritise the fulfillment of mandatory training and
competency enhancement. certification programs as part of the Bank’s HC
4. Implementing flexible work patterns and competency standards.
supporting employee engagement, including 10. Developing alignment of Human Capital practices
the next generation of talent, and continuing the within the Bank with subsidiaries and sister
implementation of a culture of innovation and companies.
continuous improvement. 11. Building a positive and comprehensive employee
5. Strengthening HC digital transformation with experience for applicants and new joiners.
a customer-centric approach to enhance the
employee experience.
6. Encourage cross-entity collaboration and
communication between the Maybank Group
through the use of the integrated MSocial digital
platform.
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Information
Technology
Maybank Indonesia continues to execute its Information Technology
(IT) and digital transformation innitiatives to strengthen technology
infrastructure, improve security, and accelerate digital innovation to
provide faster, more reliable, and secure services to customers. This
transformation has increased the convenience and comfort of our
customers in accessing all our financial services channels easily and
securely. This transformation aligns with Maybank Indonesia’s vision
“To be the leading financial services provider in Indonesia, driven by
passionately committed and innovative people to create value and
serve the community.”
IT STRATEGIC PLAN the Bank’s digital channels, both retail (M2U) and
Maybank Indonesia’s 2025 Information Technology non-retail (M2E), by adding new features to enhance
Strategic Plan is aligned with the Company’s business simple, convenient, comprehensive and secure
strategy direction, by continuously strengthening the transaction experiences for customers.
foundation of secure digital banking while ensuring
that every technology initiative provides added value 2. Infrastructure Improvement, Modernisation & Cyber
to customers, communities, and stakeholders. The four Defense Capabilities
strategic pillars that form the main framework, namely In 2025, the Bank consistently implemented various
Focus on Connectivity, Enhancing Infrastructure through application modernisation initiatives, infrastructure
Modernisation & Cyber Defense Capabilities, Leveraging upgrades, and IT security enhancements in 2025 to
Business Processes for Productivity and Efficiency, and strengthen cyber defense capabilities. These innitiaves
Improving Workplace Environment, are a manifestation were undertaken to improve the reliability, resilience,
of the Bank’s commitment to driving sustainable digital and operational readiness of the Bank’s technology
transformation. platform, ensuring optimal service quality for
customers.
1. Focus on Connectivity
In line with the Focus on Connectivity pillar, the Bank The implementation of Shared Container Platform as
advanced its digital development and IT systems in a Service (CaaS), Trade Platform Transformation, F5
2025 to expand service integration and strengthen the DRC Replacement, HSM Refreshment, and switching
digital banking ecosystem. Initiatives that have been system upgrades are strategic measures to ensure
implemented include Islamic Banking-as-a-Service the Bank’s information system infrastructure has high
(iBaaS), BaaS Account Opening and Buy Now Pay performance, scalability, and optimal resilience. In
Later (BNPL), offering broader connectivity capabilities the aspect of cybersecurity, the Bank also continues
through collaboration with strategic partners. to improve its defense capabilities by adopting a
Significant developments have also been made in Zero Trust framework through the implementation of
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Bank Vision & Mission
Business Strategy
IT Strategy
Improve Infrastructure Leveraging
through Modernisation Business Process
Focus on and Cyber Defense for Productivity and Improve Working
Connectivity Capabilities Efficiencies Environment
Extended the use Continuing the Apply automation Applying structure
of micro-services, improvement in process for bank-wide organisation based
Open API and the cyber security and executive the agile on the functions to
implementation and infrastructure methodology for digital support LOB’s and
of mobile banking modernisation. The solutions, supported team engagement. In
revamp as well as vitualisation will take by improving policies addition, this strategy
the front/middle/ in place as well as and procedures to also capture and
back-end system in the core banking prudentially running IT. prepared career and
supporting the core modernisation, As well as developing training path for the
system stability also the robust young talent especially staff.
implementation of the for core and digital
cloud technology and banking
analystic infrastructure
Process Continuous Improvement
(IT Governance | Project Management | Change Management | IT Operation | IT Security)
Uplift People Capabilities
projects such as Network Anti-DDoS, Firewall, Endpoint 4. Improving Working Environment
Data Loss Prevention (DLP) enhancements, and Improving the Working Environment is a crucial
Cloud Access Security Broker (CASB), to strengthen foundation in ensuring that information and digital
the Bank’s cybersecurity capabilities to mitigate technology transformation is supported by the
increasingly complex and dynamic cyber threats, implementation of good processes and governance
including the use of AI and Cloud-based technologies. as well as enhancing the quality of human resources.
3. Leveraging Business Processes for Productivity and a. Process and Governance
Efficiency Process
The pillar of Leveraging of Business Processes for To support the implementation of good
Productivity and Efficiency is implemented through governance, Maybank Indonesia periodically
system improvements and process automation reviews and updates its internal policies and
that support Bank operations. The completion of procedures to ensure they are always in
several projects such as Smart Credit Process (SCP) compliance with regulations and industry best
2.0 Enhancement, Tigernest Revamp, Customer practices. In this respect, the Bank updated 35
Engagement Platform, AIP (Approved in Principle) internal policies and procedures in 2025, ensuring
Mortgage Application, Branch Personal Loan (KTA) the Information Technology unit’s work processes
Application and Branch Credit Card Application maintain appropriate and up-to-date guidelines.
has contributed significantly to increasing internal
efficiency, accelerating customer services, and Governance
leveraging data optimally to support more accurate IT Governance is an integrated part of Corporate
and responsive decision-making. Moreover, the Bank Governance, including conducting governance
has also begun exploring the leverage of Artificial processes related to IT issues, covering disruption,
Intelligence (AI) technology for more effective and cybersecurity, and disaster recovery. Through
efficient internal processes. the implementation of IT Governance, the Bank
ensures that all major risks have been identified,
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managed, and reported to the Board of Directors. IT Risk Management
The Bank consistently implements prudential The Bank’s IT Risk Management consistently
supervision, management, and operation of enhances internal cybersecurity awareness in
information technology through committee every aspect of system development through
meetings and forums, including: regular and ongoing security awareness programs,
1. IT Oversight Committee, an information including cybersecurity training, phishing
technology committee that facilitates the simulations, and e-mail publications.
Board of Commissioners in evaluating,
directing, and monitoring IT strategic plans and In order to mitigate risks associated with the
the implementation of IT governance. IT operations, the Bank effectively identifies,
2. IT Steering Committee supports the Board of measures, monitors, and controls risks, including
Directors in monitoring all IT implementation through Risk Control Self-Assessment (RCSA)
activities, establishing standard policies and and Key Risk Indicators (KRI) based on applicable
procedures related to the implementation IT risk management policies. The Bank also
and utilisation of IT, evaluating IT strategic continuously conducts risk assessments on critical
objectives, and directing executive officers and IT developments and ensures that all risks are
IT work units. mitigated at an acceptable risk level.
3. Project Steering Committee, ensuring that IT
projects are aligned with Bank’s strategies, are To ensure that customer financial transaction
timely, supported by sufficient resources, and services are always available, the Bank has
implemented successfully. established a disaster recovery (DR) infrastructure,
4. Enterprise Architecture Forum, assuring capable of running IT operations in the event of a
project alignment with the Bank’s standards, disruption to the IT system in the main data center.
architecture targets and technology roadmap. Tests are conducted periodically to verify the
5. Change & Release Management, ensuring reliability of the recovery system. While the Bank
thorough planning of all changes to hardware, activates the technology system in the recovery
software, patches, data, and configurations. center area, services to customers can be ensured
All testing, escalation, and approval processes to continue running normally without interruption.
must be completed in accordance with the
provisions before implementation in the
production environment or backup system.
6. Incident Management Forum, assuring
all IT service issues have been handled
appropriately, promptly, and efficiently
according to the SLA, while ensuring
documentation of lessons learned and problem
solutions is conducted properly to prevent
similar issues from occurring in the future.
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b. Human Capital IT DEVELOPMENT PLAN FOR 2026
The Bank believes that adequate and competent To continue the 2021-2025 Information Technology
human capital plays a crucial role in ensuring strategy, the Bank has established a 2026–2030
the realisation of the Bank’s vision and mission. In Information Technology Strategic Plan as a long-term
2025 the Bank consistently strives to improve the plan for sustainable information technology development
knowledge, capacity, productivity and capabilities to further strengthen information technology support for
of IT staff by conducting planned training the Bank’s business strategy. The 2026-2030 Information
programs according to the needs of each staff, Technology Strategic Plan focuses on four pillars that
both with technical and non-technical training support the Bank’s business strategy to become “An
through: innovative, values-driven financial leader enabling
• Training and certification to enhance inclusive and sustainable prosperity.”
professional knowledge and competence in 1. Strong Foundation, ensuring system stability, resilience
the field of information technology, including and security in supporting increasingly complex
through risk management certification, COBIT, operations.
CISA (Certified Information Systems Auditor), 2. Leveraging of New Technology, especially through
CISM (Certified Information Security Manager), increasing use of Cloud computing and the
CRISC (Certified in Risk and Information development as well as leveraging of emerging new
Systems Control), CEH (Certified Ethical technologies.
Hacker), CND (Certified Network Defender), ISO 3. Digital Innovation, developing new generation digital
27001 Certification, ITIL (Information Technology applications that are more adaptive, modular, and
Infrastructure Library), DevOps certification, oriented to future needs.
openshift certification, Cloud Solutions 4. Ways of Working, improving cross-functional
Architect, VMware Certified Professional, collaboration, process efficiency, developing future
Nutanix Certified Professional. talent, and continuously enhancing the skills and
• Socialisation of internal information technology competencies of IT staff to meet the challenges of
policies and procedures through online increasingly rapid technological transformation.
meetings, electronic mail and also e-learning.
The Bank is committed to continuously implementing
In order to fulfill the need for competent IT technological and digital innovation as a key driver in
staff, one of the Bank’s strategies is to run the providing superior and quality services to customers and
Information Technology Development Program all stakeholders.
(ITDP), a program that is implemented by
providing technology and banking education to
new graduates from selected universities with the
target of becoming future IT leaders.
Through the implementation of these four strategic
pillars, Maybank Indonesia continues to strengthen its
position in the increasingly competitive financial industry.
The information technology initiatives implemented in
2025, in addition to strengthening the infrastructure and
operational security of the Bank’s information systems,
also serve as business strategy enablers that accelerate
the achievement of the Bank’s vision and mission of
creating value, providing superior services, and serving
the wider community.
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Digital
Banking
As one of the main drivers in increasing third-party funds, new
customer acquisition and also as a source of fee-based income,
Maybank Indonesia has developed Digital Banking services with a
focus on providing a better transaction experience and services that
are relevant to customers’ financial and lifestyle needs, with M2U as
the main platform for Digital Banking services.
Amidst the acceleration of digital transformation, digital Company's performance, as reflected in the increase in
banking plays a strategic role for Maybank Indonesia in the number of new customers and Digital Banking users,
providing relevant, efficient, and easily accessible banking strengthening customer loyalty, and growth in transaction
services to customers. In line with this, Maybank Indonesia volume and revenue sourced from Digital Banking
continuously strengthens the development of superior channels.
products and services by optimising Digital Banking
channels as solutions to evolving customer needs. Digital 2025 INITIATIVES
Banking products and services are expected to drive In line with Maybank Indonesia's mission of "Humanising
market share growth by targeting potential segments Financial Services,” in 2025 Maybank Indonesia
through the provision of superior features, and practical continuously strengthened the development of Digital
and competitive distribution channels. Banking services, for both the Retail segment through M2U
and the Non-Retail segment through M2E services with the
Throughout 2025, various strategic initiatives have been aim of facilitating customers in conducting transactions
implemented to enhance Digital Banking capabilities, and assisting customers in managing their finances.
including the launch of the traditional life insurance Some of the main initiatives undertaken include:
purchase feature My Protection Simple, a loan application 1. Development of the Digital Wealth feature in M2U,
feature for existing customers, credit card transaction including for the purchase of traditional life insurance
management, and contactless QR Pay services. In product My Protection Simple.
addition, Maybank Indonesia also expanded its digital 2. Development of various Digital Financing features,
integration capabilities through the development of API including the launch of the Personal Loan application
Transfer, API Account Binding, and API Account Inquiry (KTA) feature and credit card transaction
features to support the non-retail digital ecosystem management through the M2U ID App
and collaboration with business partners. These various 3. Development of the Digital Payment feature, namely
developments have positively contributed to the contactless QR Pay which makes it easier for
customers to make QR transactions by uploading QR
images through the M2U ID App.
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4. To enhance customer experience and security in In addition to feature development, the M2U ID App
transactions using internet banking, Maybank has also has fundamentally also optimised and improved the
launched a hide balance feature on the M2U ID App system platform architecture by adopting the latest
dashboard page. technology. This improvement affects the application's
5. Development of the Digital Platform & Ecosystem by ability to process more transaction volume with a faster
introducing API Transfer, API Account Binding, and response time than previously. Furthermore, this system
API Account Inquiry features designed to strengthen architecture optimisation allows the Bank to innovate and
system integration with business partners, improve launch new features more quickly, thus supporting the
transaction process efficiency, and support the Bank's ability to adapt to the dynamically evolving needs
development of the digital ecosystem. and expectations of customers.
6. For the Non-Retail segment, developments that have
been carried out include the addition of Non-Today PERFORMANCE ACHIEVEMENTS IN 2025
FX transaction features and electricity bill payments Maybank Indonesia is one of the pioneers of Digital
in M2E to increase the convenience of Non-Retail Banking services in Indonesia, launching the first Internet
customer transactions. Banking service in 1998. Since then, Digital Banking has
become an integral part of Maybank Indonesia's business
strategy in recent years and also in the future. This is
in line with Maybank Indonesia's mission, Humanising
Financial Services, where the Bank consistently places
customers at the center of every business strategy. Digital
utilisation plays a key role as an enabler in delivering
superior customer experience and supporting the
continuous improvement of customers' financial well-
being.
As one of the main drivers in increasing third-party
funds, new customer acquisition and also as a source of
fee-based income, Maybank Indonesia has developed
Digital Banking services with a focus on providing a better
transaction experience and services that are relevant
to customers' financial and lifestyle needs, with M2U as
the main platform for Digital Banking services. M2U is
equipped with various features and the latest technology,
such as the ability to log in on the mobile App and Web
with 1 user ID, various online services for opening savings
accounts and investment products, transfering funds,
paying routine bills, as well as providing innovative
services to meet customers' daily lifestyle needs.
The increasingly dynamic and competitive business Through M2U services, Maybank Indonesia has
developments drive Maybank Indonesia to continuously successfully moved most of its customer transactions
update its strategic journey to provide digital banking from traditional channels, such as Branches and ATMs to
solutions that remain relevant to customer needs and digital channels by providing Omni Channel and Mobile
able to compete in the industry. Through these various First customer experience financial solutions. Various
development initiatives, it is expected to encourage an feature developments, communication and promotions
increase in the number of active customers, transaction programs have been implemented, resulting in benefits
volume, growth of third-party funds, and optimisation of for customers and Maybank Indonesia, including
transaction-based income through Digital channels. improving customer experience and customer loyalty,
increasing the number of users and transactions, and
increasing revenue from digital channels and cross-
selling.
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The number of active M2U users grew by 6% YoY and ATM AND CRM NETWORK DEVELOPMENT
customer financial transactions conducted through M2U In order to facilitate customers in making cash withdrawal
grew by 23% YoY in 2025. The increase in the number of and deposit transactions without relying on branch office
users and transactions contributed to the revenue growth operations, Maybank Indonesia provides ATM and Cash
from Digital channels of 36% YoY in 2025. Recycling Machine (CRM) services supported by excellent
interconnection with various ATM networks. This service
For business segment customers, Maybank Indonesia allows customers to transact more easily, quickly, and
also continues to develop M2E digital services. To flexibly through wide access in various locations, with the
facilitate customer transactions, the Bank continues to following networks:
add payment features including bill payments and other 1. Three Main Local networks: ATM Bersama, Prima, ALTO
payments on M2E. The Bank also continues programs 2. International Network: Maybank Group, MasterCard/
to support the acquisition and activation of M2E user Cirrus, Visa/Plus, MEPS and Asia Payment Network.
customers as well as socialisation with customers through
online events and physical meetings. This is reflected in an In 2025, Maybank Indonesia continues to optimise the
8% year-on-year increase in active M2E users and a 12% productivity of its ATM network, where the trend of ATM
year-on-year growth in transaction value. By November usage is decreasing. Maybank Indonesia has optimised
2025, Maybank Indonesia also offered digital business the number of ATM machines to obtain optimal results
solutions through QR Pay merchants for non-retail in terms of operational maintenance costs compared to
customers, with a total of more than 5,000 merchants the expected return. Maybank Indonesia also provides
joining. cardless cash withdrawal services as a form of innovation
to facilitate customer transactions by simply scanning the
QR on the ATM machine through the M2U ID App.
The development of Maybank Indonesia’s ATM and CRM
network over the past 3 years is as follows:
Description 2025 2024 2023
ATM 635 721 739
CRM 26 26 26
TOTAL 661 747 765
AWARDS
In 2025, Maybank Indonesia received various awards
in recognition of its performance and commitment to
providing innovative digital banking services. These
awards reflect the Bank’s success in driving transaction
growth through digital channels and strengthening
Maybank Indonesia’s position in providing customer-
oriented digital banking solutions. In 2025, Maybank
Indonesia was awarded “The Most Transaction Growth in
Digital Channel” from ATM Bersama and “Indonesian Best
for Digital Solutions” at the Euromoney Private Banking
Awards 2025.
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PLANS AND STRATEGIES FOR 2026 The highly dynamic and competitive business
Plans and Strategies for 2026 developments encourage Maybank Indonesia to
Going forward, Maybank Indonesia will continue to continuously update its strategic journey to provide
develop products and services through digital platforms relevant digital banking service solutions to customer
and develop strategic cooperation with Maybank Group needs so that it can win the competition. These
entities to win market competition. The development development plans are expected to further increase the
of the Bank's digital banking capabilities is aligned to number of active users, transactions, and third-party
support the direction of development through the Bank's funds, and transaction-based revenue from digital
digital platforms, namely M2U, M2E & QR Pay Merchant. channels. On the other hand, Maybank Indonesia is also
The Bank has prepared a strategic journey related to updating and rejuvenating various infrastructures to
digital banking development so as to be able to provide ensure fast and convenient digital banking services, while
innovative and relevant digital banking service solutions still paying attention to aspects of customer security and
to customer needs through the continuous development protection, which are crucial factors in digital banking
of digital products and services. In addition, to expand services.
the reach of services to customers, the Bank is also
developing API services as a distribution channel for
products and services. Through APIs, the Bank can reach
new customer segments and business partners, such
as fintech startups and other non-traditional financial
institutions. In optimising digital services to customers,
digitalisation is also carried out on the Bank's back-end
and internal processes.
The following is the Bank's digital development strategy
focus for 2026:
1. Expanding product and service offerings to include
Retail segment initiatives, including conducting
application updates with a fresher interface design to
provide better experience and developing payment
transactions, including for QRIS TUNTAS and cross-
border transactions as well as the development
of various digital wealth products, such as Fast
remittance to increase the speed and efficiency of
cross-border fund transfer services.
2. For the Non-Retail segment, M2E will continue to be
developed, including by rejuvenating the M2E Web
platform in terms of changes to the appearance and
layout and adding transaction features to the M2E App
application. In addition, the CoOLPay service will also
be developed with the addition of the BI FAST feature
and the development of a new digital supply chain
financing platform.
3. For QR Pay Merchants, the strategic focus is directed at
the continuous expansion of the merchant ecosystem,
from both the retail and non-retail segments, to
increase digital transaction adoption, expand the
reach of QR Pay usage, and encourage growth in
transaction volume and overall business value.
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Branch Network
Development
The Bank continues to transform and enhance its digital banking
and finance operations towards a better direction. To that end,
the Bank develops concepts and innovations as part of its Branch
Transformation Program to improve the overall customer experience.
STRATEGY AND INITIATIVES 2025 The implementation of these sustainability programs is
In 2025, Maybank Indonesia consistently focused one form of the Bank’s commitment to contributing to the
on establishing and managing an optimal branch alignment of economic growth with social sustainability
distribution that built a more efficient and effective and environmental protection, with the primary goal of
network to enhance its performance. In this regard, achieving long-term prosperity for both current and future
branch offices are consistently encouraged to deliver generations.
exceptional customer services and maintain high
productivity, including exploring all surrounding areas Responding to evolving challenges and to strengthen
to maximise their role in supporting the Company and competitiveness, the Bank continues its transformation,
contributing to the growth of both the business and local refining its digital banking and finance services towards
communities. greater efficiency. As part of the Branch Transformation
Program, the Bank is developing new concepts and
In an effort to maintain a healthy and productive branch innovations to improve the overall customer experience.
network during this period, the Bank has consolidated Customer experience transformation is carried out,
several nearby branch locations while optimising the covering various aspects of banking services, including
branch network that no longer has potential by closing working methods and customer interactions. The service
several branch offices through a comprehensive is focused on digital concept tailored to customer needs
assessment of various aspects. that are able to optimise business opportunities while
creating more interactions with both customers and
The Bank also expanded its branch network to several prospective customers across all business segments,
new locations that have better potential for business while always prioritising excellent customer service.
development and growth, such as in the smart city area
with an electric vehicle factory development plan.
In connection with the support for its sustainability
programs, in 2025 the Bank implemented a solar
panel installation program in one of its branches (KC
Fatmawati), which is expected to continue to be improved
in the following years.
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NUMBER OF MAYBANK INDONESIA OFFICE The network restructuring is primarily focused on areas
NETWORK with high network density, such as Jakarta and several
In 2025, the Bank implemented several adjustments to its areas on Java Island, while maintaining a strategic
office network, including opening 2 Sub-Branch Offices presence in areas with potential for economic growth.
(KCP) and closing 41 Sub-Branch Offices (KCP). With a leaner network structure, Maybank Indonesia is
As of 31 December 2025, Maybank Indonesia’s office able to strengthen its service quality, improve operational
network consists of one Non-Operational Head Office, ten efficiency, and ensure that each branch office contributes
Regional Offices, 79 Main Branch Offices, and 175 Sub- a more productive role in supporting customer needs and
Branch Offices. Additionaly, Maybank Indonesia operates the Bank's future business development.
22 KCP Mobile units. For Sharia-compliant banking
services, the Bank has 17 Sharia Branch Offices and 3 This strategy examines the most suitable branch model
Sharia Sub-Branch Offices. The Bank also maintains an for development, ensuring that each office can maximise
Overseas Branch Office in Mumbai, India. its business contribution. Based on this analysis and
research, the Bank will carefully map out and close certain
BRANCH NETWORK EXPANSION PLAN AND offices, aiming to create an efficient and effective branch
STRATEGY 2026 distribution, while considering various factors that support
The office network is one of the supporting factors of the the Bank's growth. Expansion will be carried out selectively
Bank's key success in facing future challenges while also and in a limited manner.
taking into account market segmentation, sales strategy,
efficiency, and operational processes. With this in mind, These initiatives will be balanced with technological and
the Bank conducts reviews and studies to determine the digital developments to enhance acquisition quality
optimal number and model of branch offices that align through an agile approach. This concept integrates both
with business trends, as well as strategies for achieving physical and digital interactions to deliver a satisfying
performance targets, including innovations in delivering service experience. Moving forward, this transformation
exceptional service to customers. will enable customers to enjoy a more modern and
sophisticated banking experience, gain a deeper
In line with its branch network plan for 2025, the Bank understanding of how to make the most of available
implements the Branch Optimisation initiative, supported banking facilities, and access integrated consultation and
by a thorough analysis of office distribution in relation solutions to meet their financial needs.
to market potential. Over the past five years, Maybank
Indonesia has consistently managed its branch office
network as part of a planned and measured optimisation
strategy. The number of branch offices decreased from
388 units in 2021 to 307 units in 2025.
This adjustment is part of an operational transformation
that is implemented in a planned, consistent, and
controlled manner, with the aim of optimising the physical
network footprint while increasing productivity and
operational efficiency. Through this measure, the Bank
can allocate resources more effectively and strengthen
its digital-based service capabilities and increasingly
integrated banking solutions.
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Operations and
Customer Service
In 2025, the Operations Directorate consistently implemented a
focused and disciplined transformation to deliver reliable, responsive,
efficient, and customer-centric services across all channels,
underpinned by robust risk governance and sustainable Business
as Usual (BAU) excellence, thus resulting in improved customer
experience quality and establishing a solid foundation for the
sustainability of customer experience and operational transformation
in the following year.
OPERATIONS
Entering 2025, the Operations Directorate established work units, building a culture of positive feedback
the 2025 Operations Directions as a strategic framework and input from customers through the Customer
for operational development and support sustainable Survey Platform media in branch offices, email
business growth through three (3) main pillars. and WhatsApp for Business (WABA), as well as
updating customer interaction information across
1. Transformation Agenda service channels in the Customer Handling System
Continuing the ongoing transformation: (CHS) to produce a consistent and efficient service
1.1 Customer Experience Transformation focuses on experience at every point of interaction with
five key priorities: sales-to-service conversion, customers.
proactive engagement, implementation of a 1.2. Branch Back Office Centralisation Transformation
centralised model, strengthening human capital to improve service standards by centralising
capabilities, and leveraging contact center support critical processes at branches to the head office,
technology. These efforts aim to build a more for example, opening business accounts and
consistent, faster, and value-added customer managing Financial Information Services System
experience. (SLIK) documentation. This approach ensures
stronger controls, better process quality, and
Customer Experience Transformation, which is a service consistency across the branch network.
journey of excellent services, is carried out through 1.3. Trade Service Operations Transformation focuses
various initiatives to improve service capabilities by on improving Turnaround Time (TAT) and Service
empowering the role of frontliners, both in branch Level Agreement (SLA) in transaction processing
offices and contact centers, as well as fostering a by replacing the trade platform to improve
customer-oriented culture across all lines of the customer satisfaction through faster processes.
organisation. Aspects that are transformed in 2025 This improvement aims to increase customer
are the customer experience stewardship function satisfaction through faster, more accurate, and
in branch offices and contact centers to be agile more reliable processes across all transaction
in capturing service improvement opportunities, services.
managing the alignment of information related
to products, services and promotions between
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1.4. Treasury Operations Center Transformation to 3.3. Enhancing customer experience through targeted
enhance operational efficiency through process campaigns aimed at instilling a customer-centric
improvements, workflow automation, branch culture across all Operations Directorate teams
transaction centralisation, and strengthening to ensure more consistent and relevant service
operational risk management. This initiative quality.
ensures more efficient processes, better control, 3.4. Strengthening risk control and management
and higher quality execution across all operational by improving operational controls, including
functions. improvements to the Financial Information
2. Operational Excellence Services System (SLIK) documentation and the
2.1. Digitalisation to strengthen operations is aimed implementation of various mitigation measures to
at providing various supporting tools, including a ensure better compliance and risk management.
knowledge library and mobile checklist for Service 3.5. Improving Service Level Agreement (SLA) and
Managers in all branches, to improve access continuous refinement of service processes to
to information, standardisation, and service achieve the best service standards, focusing on
consistency. optimising mortgage operational processes to
2.2. Automation for accuracy and efficiency through ensure faster, more accurate, and more efficient
Robotic Process Automation (RPA), End-User services.
Computing (EUC), and other technologies
leveraged to improve accuracy, accelerate Operations Directions 2025 and simple agile initiatives
processes, and reduce the potential of manual that enable the execution of improvements to be
errors in various operational activities. carried out rapidly, gradually, and adaptively without
2.3. Centralisation of processes from the branch office disrupting routine operations and are able to support the
to the head office is carried out to simplify and achievement of the Bank’s aspirations and targets in 2025
improve process efficiency, including reporting
consolidation and handling of credit card balance INITIATIVES AND IMPROVEMENTS 2025
transfers, so that the workflow becomes more In 2025, the Operations Directorate implemented a
structured and controlled. number of targeted and measurable initiatives focused
2.4. Elimination to strengthen organisational efficiency on increasing productivity, strengthening internal
is conducted through an organisational design controls, improving customer service quality, supporting
review aimed at improving the organisational sustainable business growth, and complying with
structure, grouping of job families, measuring regulatory requirements. A total of seventy-nine (79)
productivity in all operational units at the head initiatives are divided into four main categories:
office to improve overall operational effectiveness 1. Increasing Productivity
and productivity. Fifteen (15) initiatives have been implemented
3. Business-as-Usual (BAU) Management to increase productivity, including end-to-end
3.1. Developing Human Capital and leadership that automation for handling failed BI-FAST transactions
focused on strengthening leadership capabilities and automation of mutual fund invoice creation and
and technical skills, so that the organisation delivery.
obtains more prepared, competent, and 2. Strengthening Internal Control
competitive talents. In terms of internal control strengthening, twenty-
3.2. Participating in enhanced sustainability programs seven (27) initiatives have been implemented
to support sustainable growth through various within the Operational Directorate, including regular
social and environmental initiatives that have monitoring of liquidity balances to improve early
positive impacts on the community and the detection of transaction anomalies, strengthening
Company. operational controls, and supporting compliance
with provisions and synchronisation of DCIF and
Cardlink data to improve master data accuracy and
consistency, reduce the risk of mismatched data,
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and strengthen the foundation of end-to-end control Operational Development Strategy and Plan 2026
between systems. In 2026, the Operational Directorate continues the
3. Improving Business Services and Support established strategic direction while remaining based
As for business services and support improvement, on three (3) main pillars as the foundation of the work
there are thirty-three (33) initiatives that have been plan, to ensure the continuity of adaptive, integrated, and
implemented, such as providing transparency customer-oriented operational transformation to support
and direct control to customers over data access, sustainable business growth.
increasing trust, improving customer experience, and
strengthening the principle of customer centricity and 1. Transformation Agenda
a more personalised service approach for priority 1.1 Customer Experience Transformation continues
customers, enhancing perceived value, service the journey initiatives towards excellent services,
differentiation, and quality of customer experience. carried out through numerous initiatives to align
4. Regulatory Compliance customer services through branch offices and
In terms of regulatory compliance, four (4) initiatives contact centers so that customers experience
were carried out in 2025 to ensure compliance extraordinary service experiences and become the
with regulatory provisions, such as implementing hallmark of Maybank Indonesia in ways that are
automation of regulatory reporting processes to friendly, empathetic, tactical and solution-oriented.
shorten Turnaround Time (TAT), reducing the risk of 1.2 Branch Back-Office Transformation as an effort
manual errors, and mitigating potential penalties. to increase frontliner productivity at branches
through centralisation of transaction processes
AWARDS to the head office. This initiative aims to shift
As proof of its performance and achievements in 2025, the administrative operational activities at branches to
Operations Directorate received numerous awards from units at the head office so that branch frontliners
external parties, both nationally and internationally. The have more optimal time to focus on value-added
awards include: activities, such as cross-selling, strengthening
1. The 2025 Elite Quality Recognition Award US Dollar customer relationships, and other activities that
Clearing MT202 100% from J.P. Morgan. are more productive and have a direct impact on
2. The 2025 Elite Quality Recognition Award US Dollar business growth.
Clearing MT103 99.76% from J.P. Morgan. 1.3 Trade Service Operations Transformation to
3. The 2025 Elite Quality Recognition Award Euro Dollar drive service quality improvement through the
Clearing MT103 99.26% from J.P. Morgan. replacement of the trade platform as the core
4. US Dollar Payments Straight Through Processing banking system in processing trade finance
Excellence Award - Commercial Payment STP Rate transactions, digitising customer-side processes,
99.6% from Citibank. integrating front-end and back-end systems,
5. Satisfaction, Loyalty, and Engagement (SLE) Survey and strengthening overall process automation.
2026 for Core Capital Bank Group (KBMI) 3 by MRI and This initiative aims to accelerate end-to-end
Infobank Magazine with: processes to improve Turnaround Time (TAT) and
a. First ranked in category: Brand Interactivity. support extended cut-off times, while creating
b. First ranked in category: Service & Process. more effective, integrated, and customer-oriented
c. Second ranked in category: Branded Customer operational processes.
Experience Index. 1.4 Treasury Operations Center Transformation
d. Second ranked in category: Perceived Security to improve operational process effectiveness
Index. and efficiency through re-engineering and
e. Second ranked in category: Satisfaction - Security continuous automation utilisation. This initiative
Guard. was motivated by the continued discovery of a
f. Second ranked in category: Satisfaction - Teller. number of manual processes in trade validation,
g. Third ranked in category: Engagement Index. confirmation, monitoring, and settlement functions
h. Third ranked in category: Branch Office. that impact long processing times and limited
i. Third ranked in category: Marketing Engagement. visibility. This transformation aims to improve
j. Third ranked in category: Satisfaction - Customer customer experience through new, more effective
Service. ways of working, strengthen process control and
data security, empower teams through enhanced
capabilities and skills, as well as support business
growth by preparing for increased transaction
volumes.
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2. Operational Excellence
2.1 Leverage digitalisation approach to improve
CUSTOMER SERVICE
existing processes, such as automated vendor
cash balance calculations and simplify user The development of digital technology in 2025 has grown
access to various front-end applications rapidly and become an inseparable aspect of its users’
2.2 Leverage automation approach to improve the daily lives. With this trend, Maybank Indonesia focuses
efficiency of conversion processes, uploads, on offering a banking ecosystem design and creating
investment data reconciliation and real-time a more personalised and solution-oriented transaction
customer data updates, improving accuracy and experience for customers to meet their financial needs,
precision as well as other process automation while at the same time providing the best customer
initiatives. experience.
2.3 Leverage a centralisation approach to enhance
document control, support consistency and In realising the vision of becoming a leading financial
compliance of credit processes, improve service provider in Indonesia and carrying out the mission
transaction data accuracy, and ensure consistent of Humanising Financial Services, improving the quality
and standardised operational reporting. of services and operations, especially in branch offices,
2.4 Leverage an elimination approach to eliminate digital channels and contact centers, is a necessity and
manual reconciliation and simplify approval an accountability that is expected to have a positive
processes for Customer Data Updates (PDN) impact on customer loyalty and also on Maybank
in branches while accelerating Service Level Indonesia’s business growth.
Agreements (SLA) without compromising control.
3 Strengthening Business-as-Usual (BAU) By carrying out the service tagline “Elevate Customer
3.1 Strengthening human capital and capabilities Experience for Excellence Growth” in 2025, Maybank
to build sustainable Business-as-Usual (BAU) Indonesia emphasises that improving service quality
through talent readiness, strengthening technical is the main foundation for achieving superior business
and behavioral competencies, increasing risk growth. Thus, the Bank is committed to strengthening
awareness, and managing operational roles more the quality of human capital to improve adaptability
clearly and effectively. in delivering excellent services that meet the evolving
3.2 Customer experience and service quality to ensure needs and lifestyles of mobile and constantly changing
consistent and customer-centric services through customers, implementing agile, collaborative work
strengthening service culture, utilising actionable processes and practicing agile ways of working by
Voice of Customer, and improving the quality of prioritising a customer-centric approach to continue
customer interactions across all service channels. to innovate and drive transformations aligned with
3.3 Operational excellence and efficiency through strategies and targets.
improving data accuracy and transparency,
accelerating Service Level Agreements (SLAs), as
well as strengthening operational controls and
smoothness.
Operations Directions 2026 remains focused on cultural
transformation by implementing five (5) practical habits
and fostering a work culture oriented towards customer
experience and continuous improvement, supported by
leveraging digital channels, improving service quality
based on Artificial Intelligence (AI), as well as developing
Maybank culture and talents ready to support the
achievement of the Bank’s aspirations and targets in 2026.
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The Bank has developed a service development strategy 3. Creating Digital Service Guides (Video & e-Playbook)
as described in the Customer Experience Transformation Service guides in the form of videos and e-Playbooks
2025-2027 with the following focus areas: have been developed to ensure consistent service
standards and facilitate frontliners to learn various
1 Strengthening Service Culture and Enhancing service scenarios, operational measures, and key
Frontliner Competency principles in dealing with customers. This material is
To provide exceptional service to all customers, the not static, so it needs to be updated regularly to keep
Bank is commited to continuously improving service up with changes in regulations, operational processes,
quality by providing various training programs, product features, system flows, and customer
including the following: needs evolution. Every update will be equipped with
• Maybank Hospitality Program which aims additional information, case illustrations, frequently
to enhance the friendliness and empathy of asked questions (FAQs), and examples of best
frontliners in serving customers to be more tactical practices so that frontliners always have relevant and
and solution-oriented. the latest references.
• Customer Service Development Program, namely 4. Strengthening Engagement and Connection with
a program for customer service functions, both Customers
new joiners and from previous functions as tellers. As part of the Bank’s commitment to continuously
This is done with a focus on improving consulting enhancing engagement and fostering closer
services, cross-selling, a better understanding of relationships with customers through various
digital support tools and problem solving. celebrations and appreciation, Maybank Indonesia
• Contact center service quality improvement organises Thematic Day in alignment with various
program in addition to updating training materials national holidays and observances. These events offer
and roleplays, standardising assistance before added value to customers by presenting a unique
agents start serving and also updating the agent atmosphere at all head offices, branch offices, and
score card, by including assessment targets from Maybank Customer Care locations.
the service and financial aspects.
2 The transformation with the theme “Integrating Additionally, on National Customer Day 2025, Maybank
Seamless Own Channel Experience” was carried out to Indonesia was hosting a series of recognition and
prepare for sustainable development with the target appreciation activities throughout September 2025,
of implementing Omni Channel in the future. The to honor customers for their loyalty to Bank Maybank
Customer Experience 2026 transformation agenda is Indonesia. These activities include the presence of
as follows: the Board of Directors serving Maybankers, the Board
• Simplifying the customer transaction handling of Directors greeting Customers through incoming
process so that waiting times in queues can be telephone calls to the Call Center, courtesy greetings,
managed well. giving appreciation at all branch offices and customer
• Developing a queuing system at branches as an care locations, including giving special recognition
effort to improve customer service and a means for business and corporate clients and premier
of identifying continuous improvements to form a customers, presented personally by the Board of
customer-focused culture Directors and Top Management. Other events include
• Improving the capabilities of Customer Handling the Financial Education Talkshow (online), which was
System (CHS) to identify non-transactional open to Maybank Indonesia customers, alongside
customer activities to facilitate frontliners to various other activities.
provide solutions.
• Promoting the contact center system to be
adaptive to current technological developments.
• Creating electronic forms for several products and
services at branch offices by leveraging the role
of technology and digital to provide convenience
services to customers.
• Adding machine learning capabilities in MyPedia to
speed up and simplify the search process.
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5. Developing Branch Services and Measuring Customer CUSTOMER COMPLAINT MANAGEMENT
Satisfaction Maybank Indonesia manages customer complaints
By integrating digital and physical services, as well as based on the Consumer Protection Policy and the
ensuring consistent service quality across branches, Customer Complaint Handling Policy, serving as the
contact centers, and digital channels, the Bank is primary governance framework to ensure that every
able to offer an enhanced customer experience, complaint is handled accountably, measurably, and in
boost customer loyalty, and stay competitive in accordance with regulatory requirements. Complaint
an increasingly challenging market. The initiatives management is conducted by the Customer Experience
implemented include: Management Division under the Operations Directorate,
• Transformation of the Role of Customer Service which is responsible for ensuring consistent quality
Premier & Strengthening the Concierge Function of handling and oversight of the resolution of every
Service transformation is carried out by aligning complaint.
the role of Sales Assistant Premier to Customer
Service Premier, focusing on increasing To ensure customers have broad and reliable access
contributions in supporting customer transactions, to convey their problems, various official channels are
improving operational efficiency, and reducing available. These channels include:
service gaps in branches. At the same time, the • Maybank Customer Care, accessible 24/7 at 1500611
concierge is also reinforced to ensure customers (local) or +6221 78869811 (international).
receive a warmer welcoming experience, faster • Customer Care email at customercare@maybank.
transaction navigation assistance, and a more co.id.
focused service flow from the first step of the • Social Media: Twitter @maybankID, Facebook
customer entering the branch. Maybank, and Instagram @maybankid.
• Centralised Customer Care Next Gen Talent • Head Offices and Branches across Indonesia.
Framework
This framework includes Readiness Talent Mapping, In 2025, the Bank received thirteen thousand four hundred
Leadership Exposure, and Succession Pathways, and thirty-nine (13,439) customer complaints, 97.68% of
ensuring customer care possesses a future-ready, which were resolved within a maximum of ten (10) working
competent, and sustainable workforce. days, in accordance with the resolution standards set by
• Strengthening CX Ambassadors’ Function the regulator. In addition, ten thousand eight hundred
CX Ambassadors act as agents of change in and thirty (10,830) complaints were resolved within a
work units, strengthen customer-centric culture, resolution period of five (5) working days, demonstrating
support the implementation of best practices, are the effectiveness of the internal processes that have been
actively involved in measuring and following up implemented.
on customer experience, and serve as strategic
liaisons among head office, regional teams, and This performance is the result of the implementation of
branch operations. a structured complaint handling framework, compliance
with internal Service Level Agreements (SLAs), and
The overall customer experience is measured by the level disciplined cross-work unit collaboration. The entire
of satisfaction through, but not limited to, the Satisfaction, process is under continuous monitoring by Maybank
Loyalty and Engagement (SLE) Survey conducted by an Indonesia Management, as part of strengthening
independent party to the banking industry. governance, mitigating operational risks, and enhancing
the quality of service to customers.
Based on the results of this measurement, the Bank has
the opportunity to: Summary data on customer complaint handling in 2025
1 Have a benchmark for making continuous is presented in the following table as part of the Bank’s
improvements in service quality to offer excellent commitment to transparency and accountability in
service to all customers. reporting.
2 Conduct immediate improvements to have an impact
on a positive customer experience.
3 Provide appreciation to customers and stakeholders
who have provided feedback on the progress and
development of the quality of the Bank’s products and
services.
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Data on customer complaint handling during 2025 can be seen in the table below.
Resolved In Process Unresolved
No. of
Type of Complaint Transaction
Complaints
Amount % Amount % Amount %
ATM and Debit Card 3,105 98.4% 50 1.6% 0 0% 3,155
Bancassurance 19 100.0% 0 0.0% 0 0% 19
Time Deposit 1 100.0% 0 0.0% 0 0% 1
Direct Debit 3 100.0% 0 0.0% 0 0% 3
Electronic Banking 4,382 99.4% 27 0.6% 0 0% 4,409
Current Account 1 100.0% 0 0.0% 0 0% 1
Credit Card 4,853 99.2% 40 0.8% 0 0% 4,893
Clearing (Transfer)/Remittance 578 99.8% 1 0.2% 0 0% 579
Personal Loan 119 100.0% 0 0.0% 0 0% 119
Loans/Home Mortgage/Apartment 0%
10 100.0% 0 0.0% 0 10
Mortgage
Other Loan 14 100.0% 0 0.0% 0 0% 14
Mutual Funds 19 100.0% 0 0.0% 0 0% 19
Other Payment System 61 96.8% 2 3.2% 0 0% 63
Saving Account 154 100.0% 0 0.0% 0 0% 154
Others 0 0.0% 0 0.0% 0 0% 0
TOTAL 13,319 99.1% 120 0.9% 0 0 13,439
Consumer Protection Policy maximum protection to consumers. A key element of
In 2025, the Bank upheld its commitment to consumer this compliance is the timely submission of reports in
protection by adhering to regulatory provisions, including accordance with regulatory requirements.
ongoing financial education, increasing product
transparency, ensuring reliable systems and reliable In terms of education and sosialisation to the community,
human resources, strengthening the confidentiality and the Bank follows the guidance of the Indonesian Payment
security of customer personal data, and implementing System Association (ASPI) by actively participating in the
a more responsive and solution-oriented complaint Joint Consumer Protection Education Movement (GEBER),
handling mechanism, which overall aims to protect and providing educational content on themes that have been
build long-term customer trust and loyalty. This is in mutually agreed upon.
line with Maybank Indonesia’s mission of “Humanising
Financial Services.” The Bank has undertaken various Aligned with this, Maybank Indonesia focuses on
initiatives at fostering mutually beneficial and sustainable designing various activities, programs, and policies
relationships with consumers. aimed at enhancing customer protection, particularly
regarding savings and the confidentiality of customer
The Bank prioritises enhancing product quality, improving data by always complying with applicable regulations
information transparency, and/or making transactions and provisions. Maybank Indonesia has implemented
more convenient for customers. One key initiative has an information technology system that safeguards and
been the ongoing training for all Bank staff on consumer protects all customer data, as well as other protection
protection and improving service delivery for customers activities. This system is particularly effective in controlling
with disabilities and the elderly. and monitoring awareness to minimise risks that
The Bank also remains proactive in monitoring regulatory could affect the security and comfort of customers as
developments related to consumer protection and Maybank’s partners.
other relevant regulations, ensuring that all business
activities comply with these provisions and offer
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Risk
Management
Management strategies are continuously adjusted to be more
proactive and adaptive, designed to support and encourage business
growth. The Bank continues to strengthen its capabilities to identify
and mitigate risks—from conventional risks to new challenges such
as cyber, AI, geopolitics, and climate change. Supported by a rapid
response and reliable technology infrastructure, risk management
plays a dual role: as a steward of corporate value and an enabler of
sustainable growth.
OVERVIEW OF RISK MANAGEMENT The Bank continues to strive to regularly monitor
IMPLEMENTATION IN BANKING the risk level, including the overall risk management
Maybank Indonesia considers the implementation of process carried out based on the implementation of
comprehensive risk management as an important aspect Good Corporate Governance principles. In managing
for the Bank in effectively managing the various risks. risk management, a corporate governance structure
Therefore, the Bank pays great attention to the effective is required to enhance the four-eyes principle and
and efficient implementation of risk management in daily transparency in the risk management process. The
banking operations. Bank also continuously reviews and refines every policy
and procedure that builds the effectiveness of risk
The implementation of good risk management practices management strategies in line with the increasingly
is one of the significant factors for the Bank’s success. complex business development of the Bank.
The implementation aims to protect the Bank from losses
that may arise from the Bank’s various activities and Maybank Indonesia implements a holistic approach in
to maintain the risk level to be in line with the business managing 8 risk categories determined by the Financial
strategy and growth of the Bank. Therefore, the Bank Services Authority (FSA), namely Credit Risk, Market Risk,
maintains the balance between risks and benefits in order Liquidity Risk, Operational Risk, Legal Risk, Compliance
to generate sustainable long-term value growth for the Risk, Strategic Risk, and Reputation Risk, and also 2 risk
shareholders. categories are related to Sharia, namely Yield Risk and
Investment Risk. In addition to the risks mentioned above,
the Bank also monitors Country Risk and Transfer Risk.
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RISK MANAGEMENT ACHIEVEMENTS IN 2025
01 02 03 04 05
Improvements to credit As part of the credit The implementation of As a proactive early To improve the consistency
systems, processes, and quality improvement a Decision Engine for warning mechanism, the and quality of credit
analysis focused on three initiative, scorecard models LOB Personal Loans has Forecast Model has been analysis, the Bank has
main initiatives: first, the development is underway— automated the end-to-end implemented to strengthen developed a comprehensive
implementation of the Joint including a yes/no model credit assessment process— portfolio monitoring of the Book Review Guide focusing
Authority Limit (JAL) to and a default model—to from SLIK verification, policy SME Retail segment. This on priority sectors. This
strengthen monitoring of strengthen the assessment implementation, deviation tool plays a crucial role in guide offers a strategic
credit approval authority; of RSME’s Digital loan assessment, scoring, limit identifying risk signals early, synergy tool to align
second, monitoring the portfolio. recommendations, and reducing the delinquency risk perceptions and
Funding Pipeline; and These models are applied integration with third parties rate and improving flow assessment methodologies
third, the development of specifically to the New- via API. This transforms the rates, particularly from between business and risk
the comprehensive Loan to-Bank and Existing-to- credit process to be faster, the first-day delinquency management teams.
Origination System (LOS) Bank (ETB) non-borrowing more accurate, and more bucket (early-stage DPD).
currently underway. customer segments, measurable.
adopting an expert
judgment-based approach.
06 07 08 09 10
To optimise credit risk Maybank Indonesia The Bank has completed The Bank has conducted As an ongoing commitment
management, the Bank continues to strengthen the transition from the IBOR an Enterprise Crisis to building a strong risk
implements artificial its portfolio quality and benchmark to the Risk-Free Simulation Exercise (ECSE) culture, Maybank Indonesia
intelligence (AI)-based sustainability, contributing Rate (RFR) in its Treasury that comprehensively and its subsidiaries
methods to monitor its SME to the ESG agenda. The system. tested the Recovery conduct an operational risk
and non-retail portfolios. bank has re-contested its This transition to RFR aligns Plan (RCP) and Liquidity certification program for
This approach serves as application performance with global best practices Contingency Plan (LCP). staff. This understanding
an early warning system and composition to increase and supports stronger and This initiative significantly is reinforced through
that detects anomalies business awareness and more transparent interest increased the awareness independent refresher
and negative trends early, contribute to risk mitigation rate risk management. and preparedness of mechanisms, such as:
enabling timely intervention efforts. management and the • Annual ORM e-Learning
to prevent asset quality Bank’s staff in facing various Attestation
deterioration. On the other hand, the potential crisis scenarios. • Mandatory online
Bank is also encouraging training for all BORC
the clean energy transition (Business Operational
through its subsidiary by Risk Coordinator)
financing electric vehicles members
(EVs).
This is realised by accepting
new brands whose
credibility has been tested
and comprehensively
risk evaluated according
to established quality
standards.
11 12 13 14 15
As a manifestation of its As part of its cyber resilience The information security Maybank Indonesia adopted The “Phishing Warrior”
commitment to good strategy, Maybank management system a structured evaluation program is a cybersecurity
governance and financial Indonesia established strategy update was methodology to improve initiative designed to
reporting integrity, the the Computer Security carried out by obtaining the quality and results of its increase resilience through
Bank has initiated the Incident Response Team ISMS certification from ISO CSIRT Table-Top Exercise employee engagement.
implementation of an (CSIRT) as its cyber incident 27001:2013 to the latest (TTX). By conducting By providing dedicated
Internal Control over response team (TTIS). This standard, ISO 27001:2022. pre- and post-exercise reporting channels (email
Financial Reporting (ICOFR) organisation is registered This transformation assessments, the Bank can and a button in Outlook), the
framework in accordance with the financial services represents the Bank’s measure improvements in program has successfully
with POJK 15/2024. Currently, sector and the National proactive commitment its capabilities quantitatively increased the number of
the Bank has completed the Cyber and Cyber Security to adopting a security and qualitatively, and phishing email reports
framework development Agency (BSSN), thus gaining framework that is relevant identify specific areas received, which are then
phase and is progressing support and access to to the evolving threat for improving its cyber monitored regularly as
to the comprehensive various threat intelligence landscape. response strategies and an indicator of security
development and resources to strengthen the procedures. awareness.
implementation phase, bank’s overall information
covering critical areas. security.
MAIN PILLARS OF RISK MANAGEMENT IMPLEMENTATION
1. Active Supervision by the Board of Commissioners and Board of Directors
The Bank applies the risk governance model purposed to regulate the duties and responsibilities division in the risk
management process, but at the same time, also provides independence and separation of duties between the 3
(three) lines of defence, which include the 1st Line, 2nd Line, and 3rd Line.
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BANK MAYBANK INDONESIA THREE LINES OF DEFENCE e. Communicating risk
strategies and creating
Board of Directors, Board Risk Committees & Shariah Supervisory Board
risk awareness within the
organisation.
f. Ensuring compliance with the
applicable laws, regulations,
External Line of Defence
Executive Level Management -
Risk Management Committee internal policies, procedures
and limits (including risk
1st Line of Defence 2nd Line of Defence 3rd Line of Defence limits). It includes having
policies and procedures in
Risk Taken/ Risk Control place to detect and minimise
Assurance
Owners Function the risk of non-compliance
and to assess the adequacy
and effectiveness of such
Day to Day Risks Oversight, Independent policies and procedures on
Management & Control & Assurance & an ongoing basis.
Ownership of Risk Challenge 1st line Review
Line 3:
Providing reasonable assurance
The Bank has implemented the three lines of defence principle in risk through independent
control as a whole. assessment, review and
Line 1: validation on the following
a. Having and managing the day-to-day risks inherent in its business matters:
and/or activities, including the risk taking. It includes identifying, a. Framework, policy and
assessing, controlling, mitigating, monitoring and reporting its risk risk management tools
exposure and ensuring that it is within the established limits in the risk are sufficiently strong
strategy, risk tolerance, risk appetite, and risk management framework, and are consistent with
policies and procedures. the applicable regulatory
b. Designing and implementing activities and controls in the end-to-end standards.
process. b. Control to mitigate risk is
c. Reviewing the critical business, owning and being responsible for the sufficient and effective to be
effectiveness of each end-to-end process. applied by Line 1.
d. Encouraging and facilitating risk management by ensuring effective c. Supervision of Line 1 by Line 2
implementation and adherence to risk management frameworks, is sufficient.
policies, procedures and controls, including monitoring and reporting of
risk exposures of businesses/functions.
e. Providing clarity to the risk owners regarding risk management
practices.
f. Understanding, comprehending and practicing risk management
following the Bank’s policies.
Line 2:
a. Establishing and maintaining a risk management framework, policies
and procedures to identify, assess, control, mitigate, monitor and report
on specific risks as the function’s responsibility, including the Shariah
Business Unit.
b. Providing overall risk governance and oversight of the risk
management framework, including monitoring and reporting of the
Bank’s overall risk exposure.
c. Reviewing, analysing and evaluating the risk assessment and
effectiveness of risk management by Line 1.
d. Supporting the sustainable and quality asset growth with optimal
yield through specific credit management functions such as credit
evaluation, approval and monitoring.
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Risk Oversight
Committee (ROC)
Information and
Technology Oversight
Committee (ITOC) Board of
Commissioners
Audit
Committee Information
(AC) and
Risk Internal Others
Management Technology
Investigation & Audit ALCO supporting
Committee Monitoring
Whistleblowing Board of Committee committee
(RMC) Committee
Governance Committee Directors (ITSC)
(IWBGC)
Nomination and
Remuneration
Committee (RNC)
Integrated Risk
Integrated Good Management
Corporate Governance Committee
Committee (IRMC)
Community
Global Banking Financial
(Incl. Overseas Services (Incl. Operation IT Risk Management
Branch) Subsidiaries)
Non Retail Market,
Retail Credit Enterprise Operational SME & Technology
Credit Policy Liquidity & Credit Risk GB
Portofolio Risk Risk & Consumer Risk
& Strategic Treasury Management Remedial
& Policy Management Business Collection Management
Risk Credit Risk Continuity
Management Management
1st Line of Defence 2nd Line of Defence 3rd Line of Defence
Maybank
WOM Finance Indonesia
Finance
In order for the risks inherent in the Bank to be identified and managed effectively, it is necessary to have an appropriate
risk management organisation structure for the size, complexity, and capabilities, as well as the objectives and internal
policies of the Bank.
Board-Level Risk Committees
Risk Oversight Committee (ROC)
The Risk Oversight Committee (ROC) is a Board of Commissioners-level committee that monitors the implementation
of principles and practices for risk management within the Bank’s risk management framework. ROC authorities and
responsibilities include evaluating and reviewing risk management policies and strategies for approval by the Board of
Commissioners as well as providing suggestions/advice to the Board of Commissioners regarding risk monitoring information
and responsibilities implementation.
Audit Committee (AC)
The Audit Committee is established by and responsible to the Board of Commissioners in assisting their duties and functions.
The Audit Committee is in charge of monitoring and evaluating audit planning and implementation as well as monitoring
the follow-up of audit results in order to assess the adequacy of internal control, including the adequate financial reporting
process.
Nomination and Remuneration Committee (NRC)
NRC is a Board of Commissioners-level committee that assists the Board of Commissioners in performing supervisory duties
and functions, especially on matters related to remuneration and nomination policies.
Information Technology Oversight Committee (ITOC)
The IT Oversight Committee is a committee to assist the Board of Commissioners in fulfilling its oversight responsibilities with
respect to the overall role of technology in executing the business strategy of the Company.
Investigation & Whistleblowing Governance Committee (IWBGC)
The Bank has established an Investigation & Whistleblowing Governance Committee (IWBGC), which ensures that the
investigation on the whistleblowing and its reports are followed up with due care, independence, investigation, and corrective
action.
Integrated GCG Committee (IGCG)
It is a committee of the Board of Commissioners of Maybank Indonesia Financial Conglomeration that assists the Board
of Commissioners in performing supervisory duties and functions, such as the adequacy of internal control and the
implementation of integrated functional compliance.
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Management-Level Risk Committees
Risk Management Committee (RMC)
RMC is a Board of Directors-level committee that implements the implementation of Risk Management policies and the overall
risk exposure taken by the Bank individually and on a consolidated basis with the subsidiaries. RMC is also responsible for
evaluating and providing recommendations to the President Director regarding risk management.
Assets & Liabilities Management Committee (ALCO)
ALCO is a Board of Directors-level committee in charge of development, evaluation, and implementation, as well as providing
recommendations to the President Director regarding the Asset & Liability Management strategy of the Bank.
Credit Committee (CC)
CC is a Board of Directors-level committee that evaluates and takes decisions on loan proposals, Purchase/Sale Marketable
Securities, interbank limits, and post-approval monitoring. Furthermore, CC is also responsible for coordinating with ALCO on
credit funding aspects, as well as reviewing limits, internal ratings, and others related to the Bank’s assets.
Credit Restructuring Committee (CRC)
CRC is a Board of Directors-level committee that evaluates and makes decisions on loan restructuring agendas, asset
takeovers or transfer plans, asset sales, repossessions, write-offs, collect-offs, and other matters related to the rescue and
settlement of non-performing loans.
Information Technology Steering Committee (ITSC)
ITSC is a Board of Directors-level committee providing recommendations on IT-related policies to support the mission
achievement and strategic goals following business policies of the Bank.
Internal Audit Committee (IAC)
This is a committee established to assist the Board of Directors in performing its oversight function. This includes reviewing the
internal control system, the quality of financial statements, and the effectiveness of the internal audit function.
Human Capital Committee
The Human Capital Committee has been established with the objective of assisting the Board of Directors in providing
strategic direction and making important decisions in accordance with the main needs/key issues in the field of human
capital at PT Bank Maybank Indonesia Tbk.
Human Capital Disciplinarian Committee
Analyse/review the sanctioning plan including deciding the sanctioning of employees who commit violations decided in the
Human Capital (HC) Disciplinarian Committee Meeting.
Credit or Financing Policy Committee (KKP)
KKP is a committee that assists the Board of Directors in formulating policies, overseeing the implementation of policies,
monitoring the development and condition of the credit or financing portfolio and providing suggestions for corrective
measures.
Transformation Steering Committee
The Transformation Steering Committee is responsible for leading and overseeing the bank’s comprehensive transformation
across strategic, operational, technological, and cultural dimensions. The Committee ensures that the transformation
aligns with the bank’s primary objectives and addresses the needs of all stakeholders, including customers, employees, and
regulatory bodies.
Joint Steering Committee
The Joint Steering Committee has responsibilities that include overseeing and directing projects, ensuring that all activities
proceed according to plan, and meeting the established strategic objectives.
Integrated Risk Management Committee
The Committee is responsible for recommending an integrated framework or policy to identify, measure, monitor, manage
and control all significant risk factors to Maybank Indonesia’s Board of Commissioners as the Main Entity for evaluation and
approval.
Risk Management Working Unit (RMWU)
Risk Management Work Unit (RMWU) is an independent business work unit that is responsible directly to the Director in charge
of the risk management function. RMWU is in charge of facilitating risk disclosure capabilities and supporting the effectiveness
of the development and implementation of the overall risk management strategy.
2. Adequate Risk Management Policy, Procedure, and Limit Setting
Effective Risk Management implementation must be supported by the framework, including Risk Management
policies and procedures as well as clearly defined risk limits in line with the Bank’s vision, mission, and business
strategy. The Risk Management policies and procedures are prepared by considering the type and complexity of
business activities, the risk profile, and the risk level to be taken, as well as regulations stipulated by the authority
and/or sound banking practices. Also, the implementation of Risk Management policies and procedures owned by
the Bank must be supported by adequate capital and quality human capital.
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A. Policies and Procedures
The Bank designs and implements policies and procedures by considering the characteristics and complexity
of business activities, the risk level to be taken and risk tolerance, risk profile and regulations set by the authority
and/or sound banking practices.
Maybank Indonesia Risk Policy Level Structure consists of the following:
LEVEL 0
Framework
Framework example:
(Risk Management Framework (KKMR), Credit Risk Framework,
LEVEL 0 Market Risk & Liquidity Framework, Operational Risk Management
What we all must do Framework, Other Risk Management Frameworks)
LEVEL 1
What we do at the Bank
LEVEL 1
Bank Level Risk Management Policy
Level
LEVEL 2 LEVEL 2
What we do at the Risk Management Policy at the Segmentation of
Segmentation Level Business/Products & Subsidiaries Level
LEVEL 3
How do we do it
LEVEL 3
Risk Management Procedure
1. Framework - acting as the policy shield for the Bank’s risk policies (including subsidiaries)
2. Bank-Level Risk Policy - the policy regulating risk management at the bankwide level.
3. Risk Management Policy at Business/Product & Subsidiary Segmentation Level - the policy regulating risk
management at the business/product/activity segmentation level.
4. Bank Risk Management Procedure - is an implementation guideline containing written guidelines that
regulate detailed procedures for risk management at the Bank and Subsidiaries.
Policies and procedures are regularly reviewed and updated through authorised committees/officials to reflect
changes in market conditions, regulations and the business environment.
B. Risk Level to be Taken (Risk Appetite)
Risk Appetite Statements (RAS) is a comprehensive description of the risk appetite of all material risks inherent in
the Bank’s activities. The Risk Appetite Statements (RAS) translate the risk appetite into risk limits and controls to
manage risk exposures arising from the Bank’s business activities.
RAS is the basis for the Bank to apply steps of the Risk Management work program in 2025 so as to be able to
minimise and manage the risk effectively for the long-term returns to the stakeholders according to the risk level
taken. Therefore, the RAS is a reflection of risk-taking activities and how to manage them.
Risk appetite aligns the entire stakeholders needs by acting as a risk manager and driver of current and future
business activities. Effective risk appetite can be a strong driving force for the risk culture implementation in the
Bank.
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3. Adequete Risk Identification, Measurement, Monitoring and Controlling Process as well as Risk Monitoring and
Reporting
Risk Management Process and Practice:
Risk Management Process Description
Identification To identify risks that may impact the Bank’s objectives across activities and
products.
Assessment & Measurement To assess the potential impact of identified risks in order to prioritise and
understand their significance.
Response & Controls To develop and implement strategies to mitigate, transfer, accept or avoid risks,
supported by appropriate control measures.
Monitoring, Escalation & Reporting To continuously track risk exposure, assess control effectiveness, and
communicate risk information to relevant stakeholders.
a. Risk Identification
Risk identification is the initial step in the risk management process. It involves identifying risk sources, areas of
impact, events that may give rise to risks, and their potential consequences.
Risk identification covers all products, services, business activities, and operations. Internal and external factors
are considered, including regulatory changes, market developments, and emerging risks.
Regular reviews of identified risks ensure the bank is able to respond to changes in the risk environment.
b. Risk Assessment & Measurement
Risk assessment involves identifying potential risks and evaluating their probability and potential impact on
the Bank’s objectives. Risk measurement is a quantitative and qualitative method for determining the level and
probability of these risks.
The Bank uses both quantitative and qualitative methods to assess and measure risks. Both provide a
comprehensive picture of the Bank’s risk profile and support informed decision-making.
c. Risk Response & Control
The Bank determines the appropriate response to identified risks, including avoidance, mitigation, transfer, or
acceptance. These responses are aligned with the Bank’s risk appetite and strategic priorities.
d. Risk Monitoring and Reporting
Risk monitoring and reporting are an integral part of the proactive risk management framework. Monitoring
involves continuously tracking identified risks, detecting emerging threats, and communicating relevant
information to key stakeholders in a timely manner.
Key aspects of monitoring include periodically reassessing risks to capture changes in the nature, likelihood, or
impact of risks, in accordance with applicable laws and regulations to maintain governance and accountability.
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4. Comprehensive Internal Control System In terms of credit risk management, the Bank has
Internal control system in implementing risk credit policy architecture as the guideline in order to
management includes the following: standardise policies, provisions, and procedures at
• Suitability among the internal control system with each stage of the credit process as follows:
the types and level of risk inherent in the Bank’s
business activities.
• Establishment of authority and responsibility for What do we do
Credit Risk Framework
in credit at the
monitoring compliance with policies, procedures, Bank level
(KKRK)
and limits.
• Determination of reporting lines and well-defined Level 2A
segregation of functions from operational work Credit/Financing Policy per Business
Segment
units to work units that perform the control What we do at
the
function. Segmentation Level 2B
Level Credit Underwriting Standard (CUS) &
• Organisational structure that distinctly defines the Product Development Assessment (PDA)
duties and responsibilities of respective units and
individuals.
How do we LEVEL 3
• Business units are required to submit reports do it? Credit Policy
or information periodically on risk exposures
managed by the work unit to the Risk Management
Unit. 1. Credit Risk Framework (KKRK) - is the main policy/
• Accurate and timely financial and operational shield policy for credit that regulates general
activities reporting. policies required to be implemented Bankwide and
as a foundation for the downline policies.
RISK MANAGEMENT PRACTICE 2. Credit/Financing Policy by Business Segment,
CUS & PDA - is a credit policy regulating Business
Risk Management Segmentation/Cross Business Unit/Product
The risk management process at Bank Maybank Program and its derivative from Credit Risk
Indonesia enables the Bank Management to identify, Framework (CRF).
measure, monitor and control all risks in running business 3. Credit Procedures - is an implementation guideline
activities. that contains written guidelines governing in detail,
including but not limited to credit operations,
Management of 8 Main Categories of the Bank program product transactions, and control
Risk and 2 Types of Shariah Business Unit Risk activities in each credit-related Work Unit function.
a) Credit Riskt
Definition :
Credit risk is the risk of loss due to the failure of another
party to fulfill its obligations to the Bank in accordance
with the agreed credit facility requirements. Credit
Risk includes risks that are due to debtor default,
concentration of funding (a.k.a. Credit Concentration
Risk), counterparty failure (counterparty credit risk),
settlement failure (a.k.a. settlement risk), and country
risk.
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Credit Process Flow
NON-RETAIL CREDIT
Target Market Analysis Credit Initiation
• Industry Limit Company/Plant Visit
• Referral, Walk In Introduction
Quantitative Analysis Qualitative Analysis Collateral/Guarantee Analysis
• FS Analysis (B/S, I/S) • Checking & Investigation: • Collateral Coverage Analysis
• Cash Flow Projection bank, Trade, Market Community • Collateral Valuation (Appraisal)
Analysis • Macro Economy Analysis • Guarantee Analysis
• Group Exposure Analysis • Insurance Analysis
Credit Proposal Credit Review Credit Approval
Book & Settlement
Legal Documentation
• CAC, Loan Ops, Trade Ops
Legal Review on Credit
Offering Letter Agreement & Collateral
• Loan Ledger: Withdrawal
&/Repayment
Security Agreement
• Accrual System
Account Management
• Covenant Monitoring
• Call Program/Report
• Review Date
• Early Warning System
Extention The Facility Y/N Terminate The Facility Remedial
The non-retail segment includes loans sourced from target markets, which are diverse and complex in nature,
thus requiring more in-depth risk analysis, determination of facility structure, and determination of appropriate
covenants. Generally, debtors in this segment are corporate/commercial, Financial Institutions (“FIs”)/Non-Bank
Financial Institutions (“NBFIs”), and Sovereigns. The credit process in this segment begins with analysing the target
market based on industry studies by taking into account the industry limits to manage credit concentration risk
in each industry group and also serves as a control medium that ensures the funds provision according to the
stipulated target market. Subsequently, credit initiation is carried out, followed by a credit analysis process that
includes quantitative, qualitative, and collateral/guarantee analysis, which is then followed by a review process and
decision-making with the four-eyes principle involving business function and review function. On an ongoing basis,
account management is carried out through regular monitoring and review with various supporting tools so that
further follow-up can be carried out immediately on these accounts.
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RETAIL CREDIT
Monitoring quality of Credit Underwriting through some parameters such as FID (First
Monitoring & Review
Installment Default), Fraud (New Booking Straight to Write Off), Vintage Analysis, and
applying AQT (Acquisition Quality Trigger) through statistical approach.
• Monitoring & review for credit quality of each Credit Approver.
• Monitoring deviation & deviation review related to credit quality.
• Monitoring rejection rate & top reject reasons.
• Credit Scoring calibration regulary to ensure model accuracy.
• Regular monitoring for KS Value, Population Stability index (PSI), High
Score Override, and quality for Low Score Override.
Incoming Pre SLIK Duplicate Survey/ Credit Credit Credit
Data Entry
Application Screening Checking Checking Verification Scoring Approval Decision
Risk Management Implementation
Applying SLIK Criteria based on risk
level for each product.
Checking for Internal Blacklist, One Obigor Collectability,
Duplicate Reject, Duplicate in Process, etc.
• Applying Card Rating policy for Carded Segment.
• Applying phone verification & field survey policy.
Credit Scoring is used as part of credit decision
to ensure consistency & credit quality.
Applying delegation limit authority & deviation approval authority in credit
decision as part of Four Eyes Principal.
As shown in the Retail Credit Process chart above, the Retail Credit process is systemised by relying on data from
the Credit Bureau, SLIK, and Scoring Model as well as risk cutoffs established based on Portfolio Analytics results.
The credit process is directed towards automation and increasingly moving to digitalisation to reduce Manual
Judgement and potential Human Error in the process. This is due to the Mass Market and Population Segmentation
Assessment nature of Retail Credit Risk Supervision.
Therefore, in handling Retail Credit Risk, we continue to direct the development of data science that we have been
doing. It purposes to sharpen the development of the Retail Credit Risk Supervision process, which includes the
following elements:
1. Population and Segmentation movement Analytics, this method is used for in-depth analysis of the quality
movement of each product and the behaviour profiling of the population segment.
2. Continue Assessment model, to find out whether the current model is applicable or must be recalibrated or re-
developed.
3. Product assessment against target market.
4. Effort for Digitalisation with the direction of AI Modelling, and development as a future goal.
5. Improvement on customer experience without sacrificing the predetermined Risk Appetite.
Risk Mitigation Strategy:
Credit risk may arise from various banking functional activities, such as risks arising from lending/financing to
debtors/customers, as well as from treasury activities and investments and trade financing.
To mitigate the potential impact, the Bank must manage credit risk both at the borrower level and at the portfolio
level in all functional activities of the Bank. In addition to the account monitoring carried out by the Business Units on
a daily basis, the Risk Management Unit also manages credit risk separately, both functionally and organisationally,
to ensure the integrity of the risk assessment process.
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Through a strong credit culture that includes principle of prudence, the Credit-related Credit Risk
clear credit policies, thorough credit evaluation, Management Unit, in collaboration with the Business
and good portfolio management, the Bank Units, refines credit/financing policies to ensure better
continuously evaluates the credit risk on its portfolio credit risk management, evaluates credit approval
and reviews it by the business units together authority limits, and ensures credit underwriting,
with the risk management unit and oversight by evaluation, and credit risk mitigation processes are
management. Furthermore, with the aim of improving carried out in accordance with these credit policies.
credit competencies and ensuring credit staff’s
understanding of the applicable credit policies, Within the Business Unit, an Embedded Risk Unit (ERU)
the Credit-related Risk Management Work Unit has been established to strengthen management
continuously conducts credit analysis training of the daily risk inherent in the business and/
and socialisation of credit policies, as well as the or its operations. This is conducted by means of
implementation of e-learning related to credit policies, effective implementation and compliance with risk
both at the head office and branches. The unit also management frameworks, policies, procedures, and
regularly invites industry practitioners as speakers to controls.
provide the latest information on the condition of the
industries that the Bank focuses on. An effective credit approval process has enabled
an optimised credit decision process through the
In its objective to provide superior and more effective delegation of credit approval authority across
services, to sustain sound business growth, and to branches, regional offices, and head office.
generate sustainable profits whilst upholding the
The following diagram illustrates the credit approval process from the branch to the Credit Approval Officer.
Credit > Rp X billion Credit above RpX billion Credit above
up to Rp Y billion RpY billion
BRANCHES/AREA REGIONAL OFFICE HEAD OFFICE
Credit Application Credit Application
Credit Evaluation Credit Evaluation
No No
Branches/Area Regional Credit Committee
Stop
Authority? Authority? Decision
Not
Yes Yes Approved
Recommendation Recommendation
from from Regional
Yes Area Head? Yes Head
No No Approved
Credit Decision Stop Credit Decision Stop
Not Not
Approved Approved
Approved Approved
DOCUMENTATION, BINDING, SEARCH, & OTHER CREDIT ADMINISTRATIVE PROCESSES
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The Credit Risk Management Unit evaluates each further improve the credit quality monitoring process,
credit proposal submitted by business units in a the Credit Risk Management unit has also formed the
certain number, both per debtor and per group of Asset Quality Committee, which functions to discuss
debtors, to ensure that all risks have been identified the conditions of accounts and decide upon action
and mitigated. At the evaluation stage, the Risk plans to mitigate the impact of credit risk.
Management Unit also uses the Risk Acceptance
Criteria (RAC), which has been designed for several To optimise the risk control process, the Credit Risk
specific industries as an initial filter. Furthermore, Management Unit continuously reviews, develops,
the Credit Risk Management Unit provides and improves the systems and tools used as risk
recommendations regarding proposal feasibility monitoring tools on an annual basis. As a tool to
and, if necessary, provides additional conditions/ maximise the process of evaluating, monitoring, and
requirements to mitigate any credit risk that may controlling credit risk, a web-based media has been
arise from the loan. Recommendations for credit developed called the Monitoring and Tracking System
submissions will be forwarded by the Credit Risk (abbreviated as MTREX).
Management Unit to the Credit Committee.
In addition, the Risk Management Unit has also
Credit applications under a certain amount are developed the MyMIS application related to the
handled directly by the business units in accordance provision of large funds on a daily basis to support
with the delegation of authority granted. Credit the Business Unit in monitoring debtor and obligor
approval authority held by business units is reviewed exposures so that the Bank can manage the provision
periodically and evaluated based on criteria that have of funds in accordance with regulatory requirements.
been recommended by the Credit Risk Management
Unit and discussed further for approval by the Credit risk management for the retail segment is
Committee/Authorised Officer. also carried out through the Loan Origination System
(LOS) of each product, where the parameters and
In addition to providing credit proposal criteria owned by each product are implemented in
recommendations, the Credit Risk Management Unit a system that is managed and regulated by the risk
also monitors credit quality for all Bank portfolios by management unit.
paying attention to early indications of a possible
decline in credit quality that may arise due to In addition, the Bank specifically also manages
changes in market conditions, industry outlook, counterparty credit risk (CCR), which is a credit
macroeconomic, and regulatory conditions. The risk exposure on transactions in the Global Market
Credit Risk Management Unit also ensures that the (Treasury) with other parties, whether related to
Business Units oversee the quality of the Bank’s credit Pre-Settlement Risk (PSR) and/or credit risk due to
portfolio through an Early Alert Mechanism (EAM), a settlement failure (settlement risk).
method of early detection of customer conditions
through a series of questions called an early alert The principle of CCR management begins with
checklist, which must be assessed by the Business the establishment of effective governance, such
Unit when conducting a business visit. The outcomes as the availability of policies as well as detailed
of the business visit are presented through a web- job descriptions, responsibilities, and authorities
based media (Call Report System) and can be of all stakeholders (Committees, risk taking units,
processed to be followed up by both the Business unit risk management units, and other units involved,
and the Credit Risk Management unit should there including internal audit). Then supported by a strong
be indications of a customer’s deteriorating credit risk management process such as identification,
quality and to suggest needed measures. As an initial risk measurement through the determination of PSR
measure, Past Due Monitoring is exercised when a and its limits, as well as the monitoring and reporting
debtor is past due in his obligations so that measures process of the risk exposure.
can be taken as soon as possible. In addition, to
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PSR is the risk where a counterparty defaults on To measure the level of credit risk, the Bank employs
payment before final settlement, resulting in a breach several measuring instruments as below:
of loan contract. PSR may cause the replacement cost 1. Scorecard: To calculate the approximate default
risk, which is the potential cost of replacing a previous probability of a debtor. The scorecard results are
transaction, arising from market price fluctuations and used as a basis for determining risk categories
is generally a certain percentage of the transaction in credit decision making. Application Scorecard
amount (A-Score) has been implemented in Retail
products including Credit Cards, Personal Loans,
The PSR factor is calculated based on the movement Mortgage, Auto 4 Wheelers (Maybank Finance),
or volatility of market price (exchange rates, interest and SME. Meanwhile, the Behaviour Scorecard
rates) from historical data one year before by using (B-Score) has been implemented in Credit Card
certain confidence intervals and is determined for and RSME products.
each product or financial instrument, currency, and 2. Internal Borrower Risk Rating (BRR): To determine
transaction period. The magnitude of a PSR factor will the debtor’s risk rating and loss expectation for a
be reviewed periodically or should there be significant debtor based on a particular type of scorecard
market price movements or changes. (Medium Corporate Scorecard, Large Corporate
Scorecard, Non-Bank Financial Institution,
Settlement Risk is a failed transaction risk settlement Contractor, Property Investor, Real Estate Investor/
carried out on the date of settlement, which is Developer, Project Finance, etc.), quantitative
influenced by settlement arrangements such as and qualitative indicators. Internal Borrower Risk
exchange time, payment method, role of intermediary, Rating is used as a basis for determining risk
and clearing house. The amount of risk is calculated categories and is one of the considerations of the
by the full payment amount on a certain settlement Credit Committee in deciding loans for non-retail
date. Determination of daily settlement limits is used credit segmentation, specifically Commercial and
to limit the number of counterparty settlements within Corporate.
one day. 3. Return on Risk Weighted Asset (RRWA): To calculate
the profits generated from business relationships
Settlement risk is mitigated through transaction with debtors compared to risk-weighted assets.
settlement mechanisms such as Good Fund Base,
Payment versus Payment (PvP), or Delivery versus Apart from managing credit risk on debtors, the
Payment (DvP). In addition, the Bank also develops bank also conducts a portfolio-wide credit risk
and oversees collateral or margin limits in derivative management process with key stages of the risk
transactions as an effort to mitigate CCR risk. management process and building blocks established
to ensure all areas of credit risk are addressed and
mitigated at the portfolio level.
Credit Risk
Management Identification Measurement Control Monitoring Reporting
Process
Risk Portfolio
Building Appetite
Credit Policy Model
Monitoring
Stress Independent
Blocks Development Testing Credit Review
Statement & Reporting
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a. Risk Appetite Statement (RAS) The trading book is defined as all financial instrument
RAS is a critical component in determining the positions in the balance sheet and administrative
Bank’s risk appetite and tolerance level towards accounts, including derivative transactions, held by
credit risk. the Bank for the following purposes:
b. Credit Policy a. To be traded and freely transferable or to be
Credit policies are prepared in managing hedged in their entirety, whether for proprietary
credit risk as facility to ensure that underwriting positions, at the request of customers, or through
standards are in line with the Bank’s risk appetite brokerage activities, and for market-making
and regulatory requirements. purposes, including:
c. Model Development 1) positions held for short-term resale;
The credit risk model was developed to ensure 2) positions held for the purpose of obtaining
a consistent approach in determining the risk actual and/or potential short-term profits from
grading of debtors, credit facilities, and collateral. price movements; or
d. Portfolio Management and Reporting 3) positions held for the purpose of locking in
Portfolio management is useful in identifying arbitrage profits;
periodic changes in the risk profile of the loan b. Hedging other positions in the Trading Book
portfolio, as well as in determining whether
the credit risk strategy, policies and models While the definition of a banking book is all other
implemented by the Bank are in line with the RAS. positions that are not included in the trading book.
e. Stress Testing
Stress Testing is an analysis conducted under Market risk management aims to mitigate the
adverse economic scenarios (such as a recession impact of changes in the above market variables
or financial crisis), and is designed to measure on the Bank’s financial condition (profitability and/
the Bank’s capital adequacy against the effects of or capitalisation), including setting risk tolerance and
economic deterioration. limits.
f. Independent Credit Review
Independent credit review is intended to ensure Following the provisions on the implementation of
that the lending process and lending decisions risk management for commercial banks and the
remain consistent with the risk management provisions on the minimum capital requirement for
strategy of the Bank. commercial banks, the Bank clearly separates the
trading book from the banking book and establishes
Success in managing credit risk can be achieved by the criteria for instruments to be designated as trading
implementing a credit lifecycle, starting from offering book and banking book, among others, from the
appropriate products, identifying the right target intention or purpose of ownership of the instrument. In
market, establishing prudent risk acceptance criteria, terms of accounting standards, accounting treatment
implementing strong controls in the credit initiation is determined based on classification using the
and credit approval process, maintaining a healthy business model approach as follows:
credit portfolio, and implementing adequate collection
systems and recovery practices.
b) Market Risk
Definition:
Market risk is the risk on balance sheet and off-
balance sheet positions, including derivative
transactions, due to changes in overall market
conditions, including the risk of changes in option
prices. Market risk includes interest rate risk, exchange
rate risk, equity risk, default risk, credit spread risk,
and commodity risk. Market risk is inherent in all bank
portfolios, including positions in the trading book and
non-trading / banking book, both on the balance
sheet and off-balance sheet.
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Book Business Model Accounting Treatment
Banking Hold (Amortised Cost/AC)
Hold & Sell a. Measured at Fair Value through Other Comprehensive Income/FVOCI, or
b. Measured at Fair Value through Profit or Loss/FVTPL*.
Trading Trading FVTPL
Note:
* Only allowed for financial instruments that failed the SPPI (Solely Payment of Principal and Interest) assessment
In general, the governance related to the trading book and banking book can be seen in the following figure:
Business Finance/Accounting Time Frame
Activities Capital
Activities and Intensity
- Property
Trading Trading FVTPL
- MtM - Short Term Pillar 1 Risk -
Book - Corporate Sales
- P&L - Actively Traded MRCC
- Loans & FVOCI
Deposits - Book Value
Pillar 2 Risk
Banking - Other Assets & - Accrual Medium to
- IRRBB &
Book Liabilities - Equity Long Tem
Liquidity Risk
- Investments & Reserve
AC
Reserve
Market Risk Management Concept:
As the guideline in risk management, the Bank set out basic concepts of market risk management principles, as
illustrated below:
RKET RISK M
MA AN
OF A
S
LE
G
IP
EM
NC
Identification
EN
CE
PRI
SU
T
VERNAN
PERVISIO
Monitoring Measurement
Process
Management
Market Risk
GO
N
Monitor Control
PR
T
EN
IN
EM
PL
CI
ES G
N A
OF
MAR MA
KET RISK
The principle of risk management starts with describing the governance structure and the roles and responsibilities
of all committees, risk taking unit, such as Global Markets and Corporate Treasury, other units involved, risk
management units, and internal audit units.
Market, Liquidity & Treasury Credit Risk Management (MLTCRM) is an independent work unit appointed to fulfil the
Bank’s market risk management function to support the functions and responsibilities of the Assets and Liabilities
Committee (ALCO) and Risk Management Committee (RMC).
On an ongoing and periodic basis, MLTCRM establishes and/or reviews each market risk management policy
and procedure, measurement methodology and limits or restrictions in market risk management which are
always adjusted to the size and complexity of the bank, the latest market risk management practices, and related
regulations.
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Meanwhile, the market risk management process is generally described as follows:
01 Identification 02 Measurement 03 Control 04 Monitoring 05 Reporting
Product features Measurement Separation of duties The process Periodic report
or characteristics, method used in and responsibility, of monitoring (daily, monthly,
measurement quantifying risk, such policy & procedure, the amount of quarterly,
tools, controls, as Net Open Position determination of risk exposure, semi-annually,
and required (NOP), PV01, Value limit, threshold, or compliance with annually),
at Risk (VaR), Profit triggers including established controls,
infrastructure. ad-hoc report,
& Loss, Earning at empowerment including the
escalation
Risk (EaR), Economic and authority process of escalating
Value of Equity (EVE), for approval and exceedances and report.
stress testing, and escalation of limit consistency in
others. exceedances. the application of
established policies
or procedures.
The Bank also validates the market risk measurement model which includes quantitative and qualitative aspects by
an internal party that is independent of the work unit that applies and develops the model. If necessary, validation is
carried out or supplemented with the results of a review conducted by an external party that has the competence
and technical expertise in Risk modeling.
Market Risk Management Strategy in Trading Book:
In managing market risk in the Trading Book, MLTCRM is responsible for developing and implementing policies,
methodologies for measuring, monitoring and reporting risk exposures to the approved limits.
The Bank adopts several measurement techniques to accurately quantify market risk exposures in the Trading Book,
such as, Value at Risk (VaR), Present Value of a basis point (PV01), Greeks (such as Delta, Gamma, and Vega), Stop
Loss Limit, Foreign Exchange Net Open Position (FX NOP), Stress Test, Back Testing, Jump to Default (JDT) and Credit
Spread of a base point (CS01), which are briefly described in the sections below.
VaR is defined as the maximum potential loss arising from normal market movements in the level of trust and the
period of taking certain positions based on the sensitivity or volatility of each instrument/portfolio variable and also
the diversification effect that reduces the risk position in the portfolio. VaR as a method of measuring risk has several
limitations, including (but not limited to):
• VaR uses historical data to forecast future price movements. While future market movements can be far different
from past movements.
• Furthermore, the use of the method for taking a position in 1 (one) day assumes that the overall position in the
portfolio can be liquidated and hedged in 1 (one) day. In times of liquidity difficulties or specific market events,
this assumption is likely to be incorrect.
• In addition, the use of a confidence level of a certain percentage indicates that VaR does not include losses that
exceed the confidence level.
The following is the result of VaR measurement for the 2025 period ending on 31 December 2025 (in full Rupiah):
31 December 2025 (Unaudited) (in Rupiah)
Exchange Rate Interest Rate
Average 2,898,529,344 7,090,478,214
Highest 17,888,299,571 14,099,419,501
Lowest 100,622,453 1,729,638,477
Per end of period 1,020,636,179 3,935,213,285
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In addition to VaR, the Bank uses PV01 to measure Market Risk Management Strategy in Banking Book:
losses from an instrument or collection of portfolios (Interest Rate Risk in the Banking Book – IRRBB):
when interest rates change by 1 (one) basis point. PV01 In addition to the adequacy of policies, procedures,
acts as a measure of the sensitivity of the portfolio and risk limits determination in the Banking Book, the
towards changes in interest rates. While measuring Bank also utilises hedging related to risk management
the sensitivity of market risk to option values due in the Banking Book by using financial instruments,
to changes in underlying parameters, the risk is such as derivative financial instruments, which have
represented through Greeks. Furthermore, the Bank been approved by ALCO and in accordance with the
also sets a Stop Loss Limit to limit financial losses that prevailing regulations and are used only to reduce risk
can occur on each portfolio on the Trading Book. in the Banking Book and are not used as a source to
generate profit/income.
FX NOP is a mechanism for measuring the total of
positions, or permissible ownership, of a foreign The management of market risk in the Banking Book
exchange currency carried out to mitigate exchange position is mainly focused on managing the risk of
rate risk. market interest rate changes by using a repricing
gap analysis. In this analysis, assets, liabilities, and
Stress tests are used in monitoring market risks in administrative account positions that are sensitive to
extreme market conditions. Because VaR generally interest rates are distributed in a certain time period
does not produce potential losses stemming from based on the reprice adjustment period or based on
extreme market movements, the Bank uses stress test the remaining maturity to produce a net repricing gap
scenarios to monitor market risks originating from for that time period.
these extreme conditions. The stress test scenario is
based on historical data and future projections that From the net repricing gap profile, we can measure
are used as hypothetical extreme events. the effect of changes in interest rates on net interest
income (earnings perspective) by using the analysis
The Bank also conducts backtesting as the validation of Earning at Risk (EaR) and on the economic value
technique of the VaR model’s effectiveness, which is (economic perspective) of all balance sheet cash
currently practiced globally. Despite the VaR model flows by using the Economic Value of Equity (EVE)
estimating potential future loss outcomes, the analysis.
calculations are based on historical market data. In
backtesting, the actual hypothetical loss/profit results By knowing the impact of changes in interest rates
in a day are compared with the VaR in a day so that on the Bank’s performance, both in terms of income
it can be seen how well the VaR model predicts future and capital, the Bank can immediately restructure its
losses. assets and liabilities in terms of the repricing date or
type of interest rates (fixed or floating) to be adjusted
Jump to Default (JTD) risk implies that a financial due to the projected changes in interest rates in the
product, whose value is directly dependent on the future so that the risks that arise can be mitigated.
credit quality of one or more entities, may experience
sudden price changes due to an unexpected default Interest rate risk management, based on the
of one of these entities. perspective of net interest income and economic
value, is carried out by measuring the sensitivity of
Credit spread of a basis point risk (CS01) represents assets and liabilities, and the Bank’s financial off-
the change in value of a financial instrument caused balance sheet position, to various interest rate change
by a 1 basis point change in its credit spread. Credit scenarios. The Bank uses several approaches or
spread is the difference between the yield of a interest rate change scenarios, including those based
risk-free financial instrument and a riskier financial on regulatory standards, the bank’s internal approach,
instrument for the same maturity period. and the group approach, with explanations of each
scenario as shown in the table below.
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Net Interest Income Perspective Economic Value Perspective
Regulatory approach Based on two standard scenarios as Based on six standard interest rate shock scenarios as
stipulated by the regulator: a parallel stipulated by the regulator, these scenarios include a
upward interest rate shock and a parallel parallel upward interest rate shock, a parallel downward
downward interest rate shock. interest rate shock, a steepener interest rate shock, a
flattener interest rate shock, a short-term interest rate
shock up, and a short-term interest rate shock down.
Bank’s internal approach The scenario uses shocks based on The scenario uses shocks based on historical interest rate
historical interest rate volatility. volatility.
Group approach The scenario uses a parallel interest rate The scenario uses a parallel interest rate shock of 200
shock of 100 basis points. basis points.
In the regulatory approach, the Bank also conducts an outlier test in the IRRBB calculation process to assess capital
adequacy by comparing the maximum ∆EVE value at the end of the reporting quarter based on six interest rate
change scenarios with the core capital (Tier 1) at the end of the reporting quarter.
In addition, the Bank also conducts stress tests to assess the Bank’s resilience or sensitivity to abnormal market
conditions.
Group Repricing Gap (“GAP”) Bank
Approach Approach
In Accordance Sensitivity Analysis (“PV01”) - Static/
with Group Dynamic
Terms Balance
Sheet
- Interest Rate
Earnings-at-Risk (”EaR”) shock based
on volatility
Economic Value of Equity (“IEV”)
or
Impact on Economic Value (“IEV”)
Economic Value at Risk (“EVaR”)
Regulator Approach
In Accordance with Regulator Terms
Asset Liabilities Yield Analysis
Bank Approach Group Approach
- Position - PV01
- Mark to Market - Year to Date Loss
(MtM) - Minimum Holding
- Decrease in Period
corporate bond
prices
- Maximum
number of sales/
month for FVOCI
(AFS) portfolio
For interest rate risk control and mitigation in the Banking Book, the Bank has established controls both quantitatively
through setting limits, including empowerment and authority in the approval and escalation of exceedances/
triggers, and qualitatively through management strategies, the transfer of risk through the FTP instrument, and a
hedging strategy. The limits stipulated in managing interest rate risk on the banking book are Earning at Risk (EaR)
and Economic Value of Equity (EVE); all is determined to ensure that the interest rate risk of the Banking Book position
is managed carefully and in accordance with the pre-determined risk appetite.
The Bank has also validated the behaviour model used in the measurement of interest rate risk in the Banking Book
such as repricing behaviour on Non-Maturity Deposit (NMD) products, in this case current accounts and savings,
and conditional prepayment rate (CPR) models of loans, especially for motor vehicle loans and mortgage loans
(KPR). Validation is carried out by internal parties who are independent of the work unit that applies and develops the
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model or risk-taking unit. In the event of necessity, validation is carried out or equipped with the results of a review
conducted by external parties who have competence and technical expertise in risk measurement models.
The ALM system to measure and manage interest rate risk in Banking Book positions has been implemented so that
more complex additional methodologies such as dynamic simulations can be done automatically.
Regarding the management of interest rate risk of securities portfolios, the Bank has policies, procedures,
methodologies, and monitoring procedures carried out on a daily basis. The risk management process is carried out
by setting various types of limits, such as the position limits for the Fair Value through Other Comprehensive Income/
FVOCI and Amortised Cost/AC limit PV01, the limit on the decrease in corporate bond prices, the limit of losses to the
revaluation process (mark to market), and the loss limit (year to date/YTD loss) for the FVOCI portfolio.
As a foreign exchange bank, the Bank has and implements policies and procedures as well as restrictions for
managing the risk of the Bank’s overall exchange rate.
c) Liquidity Risk
Definition:
Liquidity risk might occur if the Bank is unable to fulfil its financial obligations to customers or counterparties in a
timely manner with reasonable costs or the inability of the Bank to develop its assets. To manage this liquidity risk,
a strategic and systematic risk management process is necessary, which is the responsibility of all parties in the
Bank so that the business continues and grows and always strives to ensure that any current and future liquidity and
funding needs can be met both in normal market conditions and crisis conditions.
As a guideline in managing liquidity risk, the Bank sets out the basic concepts of risk management, as illustrated
below:
GOVERNANCE: MANAGEMENT, COMMITTEE, POLICY, PROCEDURE
OPERATIONAL TOOLS CONTROL
Cash Management
Early Warning Limit & Optimalisation
REGULATOR and Primary
Indicator of Liquidity
PERSPECTIVE Reserve
Daily Liquidity
Liquidity Ratios Stress Test
Operations
INTERNAL
PERSPECTIVE Secondary Reserve Liquidity Gap LCP & Recovery Plan
Management (RCP)
INFRASTRUCTURE: DATA, TECHNOLOGY, HUMAN CAPITAL
Liquidity risk management is carried out by covering two perspectives: the regulator perspective and the internal
perspective. The regulator’s perspective applies the concept and standard liquidity parameters set by the
regulator so that the Bank is required to fulfil these provisions. While the internal perspective is the concept of risk
management along with parameters that are set internally and adjusted to the complexity, risk appetite, and
conditions of the Bank, which are basically more conservative than those of the regulator perspective.
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Liquidity risk management begins with outlining Moreover, the Bank has also determined and
the governance structure and the roles and implemented measurements of liquidity risk both
responsibilities of all committees, risk-taking units quantitatively and qualitatively. Quantitative
such as Global Market (Treasury) and other units measurements are performed by means of liquidity
involved, risk management units, compliance units, restrictions provisions such as Liquidity Coverage
and internal audit units. Ratio (LCR), Net Stable Funding Ratio (NSFR), Operating
Cash Flow (OCF), Interbank Taking, Foreign Exchange
In regard to the risk management unit, MLTCRM (FX) swap funding, Secondary Reserve, 50 largest
performs the function of the Bank’s liquidity risk depositors stress testing, liquidity gap, as well as
management independently to support the functions other liquidity ratios, which all aim to manage
and responsibilities of the Assets and Liabilities liquidity risk within the established risk appetite.
Committee (ALCO) and Risk Management Committee Whereas qualitative control is carried out through
(RMC). the establishment and testing of the emergency
Liquidity Contingency Plan (LCP) and active liquidity
On an ongoing and periodic basis, MLTCRM evaluates management.
and updates each liquidity risk management policy
and procedure, methodology, or measurement, as well LCR is an assessment of short-term liquidity resilience
as limit/threshold/trigger determination in liquidity by measuring the adequacy of High-Quality Liquid
management, which is always adjusted to the size Assets (HQLA) in order to endure in a crisis scenario
and complexity of the bank, the latest market risk within 30 days. LCR is calculated by comparing HQLA
management practices, and related regulations. and the total net cash outflow for the next 30 days.
Liquidity Risk Management Strategy: NSFR is an assessment of long-term resilience that
In managing liquidity risk, the MLTCRM work unit is assesses the availability of medium-term and long-
responsible for implementing policies, methodologies term funds as stable funding to support illiquid
for measuring, monitoring, and reporting on liquidity assets and sustainable business activities. The NSFR
risk exposures and also for monitoring compliance is calculated by comparing Available Stable Funding
with guidelines to support the functions of the (ASF) with Required Stable Funding and Sustainable
Assets and Liabilities Committee (ALCO) and Risk (RSF).
Management Committee (RMC).
Interbank Taking and FX Swap funding measures the
Continuous measures have been taken to Bank’s dependence on interbank loans (wholesale
manage liquidity risk. On the asset side, a policy borrowing) and foreign exchange swap markets,
on the purchase of financial instruments has been which are determined based on loan capacity
established, which also includes criteria or types of and swaps through the interbank money market.
assets that can be purchased, especially highly liquid OCF measures the maximum cumulative net cash
assets, both for trading and for investment. Meanwhile, flow difference at certain time periods arising from
on the liabilities side, analysis of types, products, balance sheet and administrative accounts. The Bank
sources of liabilities, and maturities is always carried determines OCF limits based on potential funding
out consistently so that liquidity can be maintained at needs for a certain period of time and the maximum
all times. funding capacity that can be obtained from the
interbank money market.
The Bank’s liquidity management is carried out
centrally by Global Markets and Corporate Treasury The concentration of depositors (ratio of the 50
in collaboration with other business/supporting largest depositors) is used to measure the extent
units, such as credit business, funding, operations, of dependence on core depositors to ensure
information technology, corporate communications, diversification of obligations. The ratio is calculated
and risk management. Thus, the need/availability by comparing the total funding of the 50 largest
of funding arising from the Bank’s daily operational depositors with total third-party funds.
activities can be managed properly to maximise the
Bank’s performance. Also, if work units work together
well, liquidity risk caused by other risks (such as credit
risk, market risk, operational risk, legal risk, compliance
risk, reputation risk, and strategic risk) can be found
and dealt with correctly and on time.
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Secondary Reserve is defined as the ratio of the number of secondary reserves to total third-party funds, including
demand deposits, savings, time deposits, and Negotiable Certificate Deposit/NCD. The purpose of this ratio is to
ensure that the Bank has adequate liquidity in the event the Bank does not have sufficient funds to meet unexpected
liquidity needs stemming from the withdrawal of customer funds.
The Bank validates the model used to measure liquidity risk, encompassing both quantitative and qualitative
aspects, by an internal party independent of the work unit that applies and develops the model. If necessary,
validation is conducted or supplemented by a review conducted by an external party with the competence and
technical expertise in risk modeling.
In strengthening the implementation of liquidity risk management, the Bank has determined and regularly tested
the LCP to ensure the Bank readiness in dealing with liquidity crises, including overseeing various Early Warning
Indicators (EWIs) conducted on a daily basis.
In general, the process is described in the following diagram:
No
1 Monitoring Internal 2 Analysis by MLTCRM 3 Potentially
EW1 and related units Crisis?
Ya
No
6 Potential to 5 4 Alert ALCO and/or
Worsen? Analysis Task Force?
Yes
Report to ALCO Yes Execute Call Tree to
7 Chairman & the initial 8 Activate 9 gather FCC & FCC
strategy (preliminary) LCP Support
No
No
10 Managing
14 LCP Deactivate
Crises
Yes
13 Liquidity condition
improved?
15 Post Deactivation
Evaluation 11 RCP Indicator
Triggered?
No
Yes
END Recovery Plan or RCP
12 Policy
Active liquidity management is carried out to ensure that the Bank has adequate liquidity, both in normal and crisis
conditions, such as conducting intra-day liquidity management, maintaining relationships with counterparties and
ensuring Bank capacity and access to markets, maintaining high quality liquid assets (High Quality Liquid Assets/
HQLA), supervising administrative account activities, maintaining varied and stable funding sources (core deposits),
ensuring compliance with regulators, and monitoring e-channel activities.
Moreover, several other strategic measures have been taken to mitigate liquidity risk and funding, including
restructuring the source and term of funding through the issuance of issuance of securities.
Apart from ensuring the Bank’s liquidity resilience, liquidity management is also carried out in line with the Bank’s
business plan with the purpose of achieving profitability levels based on the predetermined targets. Excessive
liquidity levels will cause the Bank to bear greater liquidity costs and may reduce profits, and conversely, tight
liquidity levels may cause the Bank to be unable to fulfil its agreed financial obligations in a timely manner and/
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or fulfil these obligations at a higher cost. For this reason, the Bank In addition to the external factors
determines targets or ranges for certain liquidity ratios, such as mentioned above, changes in
LCR and NSFR, internally with optimal levels that meet the minimum human behavior, organisational
requirements of the regulator and conducts regular analysis of liquidity structure, processes, and systems
conditions and profitability. can contribute to the increased
nature and level of operational risk.
d) Operational Risk Therefore, continuous assessment,
Definition: active participation and collaboration
Operational risk is the potential for loss due to insufficiency or failure of between work units, and dynamic
internal processes, people, and systems, or caused by external factors. monitoring of risks and the
The Bank has implemented the management of operational risk, such effectiveness of internal controls
as procedures that can systematically identify the causes of failure in are crucial for achieving effective
the day-to-day operations of an organisation, assess the risk of losses, operational risk management. To
and take appropriate actions to minimise the possibility of such losses. support this, the Bank continues
to make improvements related
to the implementation of the GRC
(Governance, Risk, and Compliance)
Risk
Strategy system that can assist the Bank
as needed and support regulatory
Governance
Model compliance.
Reporting
On an ongoing basis, the Bank
continues to make efforts to
Definitions Linkage & Risk
Structures Loss
Assessment strengthen and improve operational
Data
BUILDING BLOCKS
control processes, especially in the
Key Risk
Indications Mitigations
Capital Modeling context of mitigating operational risks,
including by continuing to improve
Information Technology the quality and completeness of
work policies and procedures in the
field with adequate process flow and
Structured Awareness & Learning control, organising training for Bank
personnel through classroom training
and e-learning to continuously
STRUCTURED AWARENESS & LEARNING
improve staff understanding and
ability in managing operational
Risk Mitigation Strategy: risk, as well as optimising the
In running a financial business, the Bank is required to have effective implementation of operational risk
operational risk management. Banking is required to continue to grow, work tools in their respective work
but on the other hand, current various challenges are increasingly areas. As part of operational risk
complex, such as the increasingly fierce competition in the industry, management, Business Continuity
advances in science and technology, changes in regulations and Management has also been prepared
best practices at the national and international levels, protection of and reviewed continuously to build
shareholder interests, and, of course, various operational loss events the resilience and capability of
that occur in the banking industry both in Indonesia and in the world. the Bank in terms of operational
recovery in the event of a disruption
In response to current challenges and operational risks that may in critical functions in accordance
arise, the Bank, while taking into account the vision and growth with predetermined tolerance
of the business, has developed and implemented an Operational limits so that it can still provide
Risk Management Policy supported by adequate and consistent appropriate services to customers.
procedures. The Bank also implements Operational Risk Management Crisis management simulations
tools based on an integrated Information Technology (IT) system to and their recovery are carried
enable effective and efficient identification, documentation, monitoring, out periodically to test the Bank’s
and mitigation of operational risks. readiness in handling possible crises
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and provide input to improve the effectiveness of their - Conducting threat intelligence program by
implementation. The Bank periodically conducts BCP continuous monitoring of hacking and malware
training in the form of disaster/incident management activities that befall globally and to subvert
simulations conducted jointly by the Head Office’s cyber security threats and vulnerabilities from
Critical Business Function (CBF) Work Unit and selected trusted external sources.
CBF Branch Offices, known as the Enterprise Crisis - Monitoring the sources of cyber threats and
Simulation Exercise (ECSE). These simulations involve devise countermeasures.
various incident/disaster scenarios, one of which is an - Conducting regular security assessments
earthquake scenario. such as penetration testing and vulnerability
assessment either on infrastructure or
In addition, the Bank has reviewed and updated the application.
Business Continuity Management (BCM) procedures, - Conducting a phishing e-mail simulation to
which include the addition of Incident Escalation raise awareness of cyber risks and determine
Procedures and provisions for the use of the BCM employees’ level of understanding of phishing
System. e-mails.
The Bank also continuously strives to strengthen the 2. The Bank has established comprehensive Disaster
control process in mitigating cyber risk by: Recovery Plans (DRP) and Business Continuity
1. Preparing human capital, technology and Plans (BCP) to mitigate cyber risks.
measures or control procedures needed for
effective mitigation which include: New Product Management
- Providing Cyber Risk Management Policies, Every new product and product development resulting
including policies, strategies, and procedures in the increasing operational risk exposure will be
to mitigate Cyber Risk in accordance with discussed in the Product Working Group (PWG) which
technology standards based on the best consists of representatives from various work units
practices, formulate the provisions of security such as Compliance, Risk Management, Legal, Finance
that must be met by third parties, third parties & Accounting, etc., who together with the work unit that
will conform to the Cyber Risk Assessment, issued the new product assess the risks that may arise
as well as the cooperation agreement on the and prepare mitigation measures to be submitted to
security of Bank’s confidential data. and approved by the Risk Management Committee.
- Establishing a team responsible for handling
cyber threats and ensuring that there is a In order to comply with regulatory requirements, the
training program so that employee skills are bank updated its product launch procedures to be
adequate to carry out cyber risk management. more detailed and comprehensive.
- Organising periodic training and awareness
on cyber security assessments at least once In addition to the Product Working Group (PWG), the
a year to employees. The training subjects on Bank has also made adjustments and improvements
Awareness include the latest cyber risks should to the approval process for new products or services
be avoided. Meanwhile, awareness program under the M25+ initiative. This is to support the
for customers is educative information as Bank’s vision, mission, and strategy in promoting
can be found on webpage maybank.co.id agile working principles and strengthening
containing subjects related to data and collaboration among work units, as well as clarifying
transaction security through e-banking as well the RACI (Responsible, Accountable, Consulted, and
as an explanation about the electronic banking Informed) framework for establishing the tasks and
frauds that frequently happen. responsibilities of each related work unit.
- Conducting cyber risk assessment, vulnerability
assessment, security risk assessment on a Anti Fraud & Whistleblowing :
regular basis to ensure the adequacy and As part of efforts to protect customers and other
effectiveness of the Cyber Risk management in stakeholders, the Bank has established the Anti-
MBI. Fraud Unit as a unit that carries out the function of
implementing anti fraud strategies. The Bank applies
the Zero Tolerance principle to fraud, where it is very
clear that the organisation does not tolerate fraud and
will implement stringent penalty.
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In addition, the campaign on anti-fraud and various 3) Delivering information through press releases
trainings are constantly carried out to bolster the as fact-based reporting material in the mass
Bank’s employee vigilance on any possible fraud. media and not limited to social and digital media
The Bank has also established a Whistleblowing containing education to the public regarding a
Governance Committee (WBGC), whose task is to product, program and/or service of the Bank.
review and assess the adequacy of policies and This is an effort to provide understanding,
procedures related to whistleblowing, evaluate create information transparency and minimise
follow-up on whistleblowing reports and review misunderstandings;
whistleblowing indicators. 4) Periodically, the Corporate & Brand
Communications Unit provides the latest
The application of Anti-Fraud Strategy and the information on the Bank’s products and services to
implementation of the Whistleblowing policy jointly will the mass media to increase awareness, brand and
support the Bank’s overall risk management system to corporate image of the Bank;
ultimately assist in the achievement of organisational 5) Related to customer complaints that enter
goals and protect the interests of customers and other through news in the mass media against a
stakeholders. product, program or service of the Bank, followed
up by the Customer Experience Management
e) Reputation Risk Unit in accordance with the specified deadline
Definition: (SLA). Furthermore, the Corporate & Brand
Reputation risk is the risk associated with a decrease Communications Unit will assist in providing written
in the level of stakeholders trust arising from negative responses to the media that reported the customer
perceptions of the Bank. This risk arises when the complaint according to the handling carried out by
Bank’s reputation is affected by one or more events the Customer Experience Management Unit;
that have a negative impact on the Bank’s reputation 6. Preparing a monthly report of news coverage on
arising from negative publicity regarding the the Bank (both positive and negative), as a form
Bank’s business activities, which can reduce public of analysis and to measure the Bank’s reputation
confidence in the Bank. risk mitigation performance. In addition, news
data is also used as a reputation risk report to
Risk Mitigation Strategy: the regulators in Indonesia and for the interest of
Reputation risk is maintained by managing all risks Maybank Group.
that have the potential to affect the Bank’s reputation
through good corporate governance and an effective f). Legal Risk
reputation risk management process. Definition:
Legal risk is the potential of lawsuits and/or
Reputation risk management is carried out by the weaknesses in juridical aspects. The weakness of the
Bank, among others, through the following steps: juridical aspect is caused, among other factors, by the
1. Actively monitoring news in the mass media absence of supporting legislation or weaknesses in
(print, online, television and radio newspapers) the engagement, such as the failure to fulfil the legal
related to the Bank and the financial industry such requirements for contracts and flawed document
as information on the Bank’s activities and the construction.
banking industry including market developments,
regulations, products/services, etc., which may Legal risks can also arise from changes in the
affect the perception of the public and the Bank’s applicable legal and statutory provisions, as well as
customers; the implementation of court decisions that can cause
2) Preparing a written response to the media, if there losses to the Bank. As a company that is bound by
is negative coverage of the Bank, as an effort to the legal jurisdiction of the Republic of Indonesia,
balance or neutralise negative coverage through the Bank must always comply with all Indonesian
facts owned and/or known by the Bank; legal regulations, including those issued by relevant
regulators, including the Financial Services Authority
and Bank Indonesia.
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In addition, the Bank must also follow all applicable 3. Provide/create legal studies related to the
laws and regulations in the community, both those implementation or formulation of policies,
that are directly and indirectly related to the Bank’s products, services, and activities of the Bank;
business activities. Failure of the Bank to comply with 4. Coordinate with legal consultants, authorities, or
applicable legal regulations can result in lawsuits law enforcement agencies at the central, regional,
directed to the Bank. If lawsuits filed against the Bank and branch levels concerning the handling and
have a material value, they could have a direct impact resolution of cases.
on the Bank’s financial performance.
With the existence of the Corporate Legal & Litigation
Risk Mitigation Strategy: work unit, legal policies and legal document standards
To mitigate legal risks that might arise due to lawsuits related to banking products or facilities offered by
or juridical weaknesses, the Bank established a the Bank to the public, where the legal policies and
Corporate Legal & Litigation work unit. The Corporate legal document standards are made by referring to
Legal & Litigation unit has the following roles: the provisions of applicable laws and regulations as
well as taking into account the interests of the juridical
Corporate Legal aspects of the Bank.
1) Provide analysis, legal advice/studies to the Board
of Directors, Board of Commissioners, and all work In addition, one of the functions of the Corporate
units at every level of the organisation; Legal & Litigation work unit is to handle any legal
2) Conduct legal analysis/advice on the initiatives issues related to litigation so that legal risks that
for the development of products, services, and may arise can be minimised to a minimum. Legal
activities of the Bank, new projects, and make risk management is carried out by monitoring the
policies and standard legal documents related to development of legal cases that occur and taking
those products, services, and activities; lessons learnt from these cases. The handling of
3) Provide legal advice/studies related to legal legal cases carried out at the Bank always takes
risk exposure on a transaction at the corporate into account the potential losses for both amicable
level, credit/financing transactions, as well as settlement of cases or through court channels. The
transactions arising from cooperation agreements Bank also pays special attention to legal cases that
with Debtors/Customers or partners; have the potential to cause significant losses.
4) Conduct periodic reviews of agreements and/or
standard documents that have been created; g). Compliance Risk
5) Analyse and monitor legal risk management; Definition:
6) Periodically provide training related to legal Compliance risk is the risk due to the Bank does not
materials to relevant work units and/or Bank comply with and/or does not implement applicable
employees; laws and regulations as well as provisions.
7) Disseminate legal policies.
Risk Mitigation Strategy:
Litigation The Compliance Work Unit continuously monitors
1. Develop strategies for handling civil, criminal, and identifies new regulations/regulatory changes
bankruptcy cases, and other matters related to and communicates them to the Work Units. The
case management, ensuring that the interests of Compliance Work Unit conducts a Compliance Plan
the Bank, management, and employees are legally Self Assessment (CPSA) once in a year to measure
protected; the compliance level of all Branch Office Work Units,
2. Represent and act as the defender, advisor, and/ as well as performing compliance testing at Branch
or legal counsel for the company, management, Offices/Work Units.
and employees of the Bank in assisting interactions
with law enforcement, courts, and/or relevant As part of the implementation of the Anti-Money
agencies; Laundering and Counter-Terrorism Financing,
and Proliferation Financing of Weapons of Mass
Destruction (AML, CTF, and PF), the Financial
Crime and Compliance (FCC) Work Unit has been
established to manage the risks of money laundering,
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terrorism financing, and proliferation financing of 1) Global Banking
weapons of mass destruction, as well as sanctions, Throughout 2025, the Bank will strengthen its
through five pillars of the AML, CTF, and PF program Global Banking business by providing increasingly
implementation: Active Oversight by the Board of relevant and integrated solutions for corporate
Directors and Board of Commissioners, Policies customers, including::
and Procedures, Internal Controls, Management • Improving its customer service approach
Information Systems, and Human Capital and Training. through a client coverage team to build deeper
In addition to the AML, CTF, and PF programs, the Bank, relationships
through the FCC Work Unit, has also implemented an • Simplifying the supplier financing process
anti-bribery and anti-corruption program to protect to improve service speed and customer
customers and other stakeholders, continuously experience
raising employee awareness in mitigating bribery and • Launching a new trade platform equipped with
corruption risks in accordance with applicable policies services such as Bank Guarantees, Letters of
and procedures. Credit (L/C), and trade financing facilities
2) MSMEs
h). Strategic Risk The Bank continues to expand its support for the
Definition: MSME segment through digital innovation and
Strategic risk is the risk resulting from making strategic collaborations, including::
inappropriate strategic decisions, failure to anticipate • Increasing financing disbursement to MSMEs by
changes in the business environment, inability to strengthening digital-based financing solutions
implement a strategic decision, or a combination of • Launching an integrated MSME microsite as an
these. This risk also includes the Bank’s ability to create information center for products, services, and
a competitive advantage in the midst of increasingly various digital tools for customers
intense banking competition. Inability to face these • Expanding dealer financing through a
business challenges, which continue to change from collaboration with Maybank Finance
time to time, will result in failure to achieve the vision • Providing beyond-banking solutions such as
that has been determined. accounting, HR management, legal, taxation,
and halal certification services
Risk Mitigation Strategy: 3) Retail
The Bank formulates risk mitigation for strategic To strengthen the Bank’s position in the Indonesian
initiatives and service development plans by retail market, various customer-focused initiatives
considering competitiveness and competitive have been implemented, including Other initiatives
advantage factors, market conditions, regulations, and include:
business environment. The Bank’s strategic programs • Launch of a customised customer journey
are run with oversight and governance to facilitate program for new customers to improve
acceleration, risk mitigation and escalation needs financial literacy
and directive in strategic decision-making. The Bank • Strengthening wealth solutions through
also continues to evaluate the long-term strategic regional product offerings and synergies with
plan that has been prepared by observing current Maybank Sekuritas Indonesia and Maybank
market developments and conditions, and the current Asset Management Indonesia for affluent
performance of the Bank. The Bank actively conducts customers
visits to customers to get insights into customers’ • Expanding digital partnership channels through
banking and transactional needs so it can serve as a the development of Open API capabilities
strategic partner that provides solutions for every one • Developing the Mortgage (KPR) process to
of the customer needs. improve the retail customer experience.
4) Shariah Acceleration
To support the achievement of business goals and To strengthen its leadership in Shariah banking
long-term objectives, the Bank has conducted various solutions, the Bank has identified several strategic
strategic initiatives during 2025 in accordance with the initiatives for 2025, including:
5 Strategic Thrusts ‘Uplift Indonesia’, namely: • Expanding partnerships with Islamic
organisations and communities.
• Launching an inheritance calculator and Sharia
inheritance consulting services to support
customer financial planning.
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• Strengthening marketing activities for Sharia j). Investment Risk
Wealth Management services Investment Risk (Equity Investment Risk) is the risk
• Developing community-based financing due to the Bank’s share in the loss of customers’
initiatives through collaboration with mosques businesses financed in profit-sharing-based financing
and digital donation platforms using both the net revenue sharing method and the
• Launching a Hajj financing program in profit and loss sharing method.
collaboration with WOM Finance
• Implementing the first Sharia Restricted In the case of Shariah financing using the net profit
Investment Account (SRIA) transaction in and loss sharing method, the principal amount of
Indonesia to strengthen the Bank’s position in financing provided by the Bank to customers will
Shariah corporate solutions not be recovered if the customer’s business goes
5) Enablers bankrupt. Meanwhile, financing uses the net revenue
To support business growth and improve the sharing method; the profit sharing is calculated from
quality of the customer experience, the Bank the income after deducting the capital.
continues to strengthen its internal capabilities
through: Investment Risk Mitigation Strategy:
• Implementing a branch transformation In general, to manage the 10 types of risk in
program to enhance service quality and Shariah banking (BUS/UUS) mentioned above,
customer convenience the Bank continuously improves, updates and
periodically enhances the policies, procedures and
Increasing workforce productivity through the use implementation of risk management to ensure
of digital sales tools and strengthening digital- the conformity with the development of the Bank’s
based marketing. business and change in the business environment as
well as compliance with the applicable regulations.
i). Rate of Return Risk
Rate of Return Risk is the risk due to changes in the MBI UUS applies the net profit & loss sharing method in
rate of return paid by the Bank to customers due the Bank’s profit-sharing scheme, where all the Bank’s
to changes in the level of returns received by the revenue, both operating and non-operating income, is
Bank from channelling funds, which can affect the used in the profit-sharing calculation.
behaviour of the Bank’s third-party fund customers.
In its efforts to mitigate the risk due to losses in the
Changes in expectations of the level of returns paid by profit-sharing financing provided to customers, the
Shariah Banks to customers can affect the behaviour Bank in managing its business profit sharing can
of the Bank’s third-party fund customers and can perform At tanazul ‘an al haq on the revenue of its
trigger the transfer of customer funds from the Bank to part if the Realisation of Profit Sharing exceeds the
other banks. Revenue Sharing level offered/the Banks’s expected
level of the profit sharing. The Bank’s right for the
Changes in expectations can be caused by internal released profit sharing is given to the Customer as an
factors such as a decrease in the value of the Bank’s incentive for the Customer that has contribute a rate
assets and/or external factors such as an increase in of return that matches/exceeds the Bank’s expectation
the return offered by other banks. by considering the ratio of Profit-Sharing Realisation
to Profit Sharing Projection above 80% accumulated
Rate of Return Risk Mitigation Strategy since the distribution of profit-sharing financing is
MBI UUS always maintains the rate of return risk by given to customer.
competitively managing the rate of return level paid
to customers against other Shariah banks, which
is to manage MBI UUS cash revenue through the
income smoothing method where if profit sharing
has decreased at the end of the month, then funds
are added from the income reserve (in accordance
with the Fatwa DSN-MUI No. 87/DSN-MUI/XII/2021
concerning the Income Smoothing Method of Third-
Party Funds).
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RISK MANAGEMENT IN SUBSIDIARIES • Policy Alignment from the credit process and Risk
The Bank has two subsidiaries that are engaged in Appetite so that all subsidiaries have an integrated
financing four-wheeled vehicles (PT Maybank Indonesia credit policy with the parent company and the
Finance) and financing two-wheeled vehicles (PT Wahana Maybank Group as a whole.
Ottomitra Multiartha Tbk). • Automation Data Connection from Maybank Finance
in order to improve the quality of risk analysis for
The application of Risk Management in its subsidiaries subsidiaries.
has been in place since the Company’s inception and • Continuously carrying out the Zero Fraud Tolerance
continues to be refined along with business expansion. Campaign and Enterprise Risk Management
The application of Risk Management is based on the implementation.
directives of the Board of Directors under the supervision
of the Board of Commissioners and the Bank as the In carrying out daily business activities, the Bank’s
holding company. This aims to ensure effective and subsidiaries are also confronted with several risks such as:
adequate accomplishments as well as compliance with
the Company’s traits, complexity, and risk profile. Credit Risk
Credit risk arises when customers financed by a
To ensure that the implementation and supervision of Risk subsidiary experience difficulty in conducting payments
Management are conducted in a sustainable manner, according to the agreed-upon payment schedule.
there are several steps undertaken by the subsidiaries,
such as: The success in managing credit risk can be achieved
1. Active supervision by the Boards of Commissioners by implementing a credit cycle, ranging from offering
and Board of Directors. appropriate products, identifying the right target
2. Establishment of Risk Management Divisions. market, establishing meticulous risk acceptance criteria,
3. Determination and continuous development of clear authorising strong controls in credit initiation and credit
and comprehensive risk management policies and approval, maintaining a healthy loan portfolio, and
procedures. implementing an appropriate billing and recovery system.
4. Strict supervision so that identification, measurement,
monitoring and risk control are carried out In addition to the credit cycle procedures mentioned
continuously in accordance with business growth. above, subsidiaries must instill the importance of
5. Creating and developing a risk management discipline in monitoring and evaluating the performance
information system. and quality of portfolios. Portfolio performance is
6. Conducting a comprehensive internal control system. monitored prudently by means of leading, coincident, and
lagging indicators that enable subsidiaries to identify risks
Comprehensive, integrated and effective implementation early and take appropriate and timely measures.
of risk management by subsidiaries has the aim to:
1. Support business implementation in accordance with Operational Risk
the Company’s targets and objectives. Operational risk is the risk of loss due to insufficiency or
2. Assisting the managements by providing information failure of internal processes, humans, and systems or
that can be used to make informed, risk-based caused by external factors. Operational Risk Management
decisions. is a discipline that can systematically identify the causes
3. Assisting in determining adequate reserves to of failure in the day-to-day operational activities of
anticipate measurable risk. an organisation, assess the risk of losses, and take
4. Avoiding potential sizeable losses. appropriate actions to minimise the impact of these
5. Identifying and maximising the existing business losses.
opportunities.
The subsidiaries apply operational risk management by
The Bank also encourages business synergy and Risk complying with Operational Risk Policies and Procedures
Management alignment in order to refine and strengthen as determined and implemented at the Head Office, while
the implementation of risk management within its still adhering to the regulatory provisions. The Head Office
subsidiaries by implementing the following: likewise has a role in monitoring the implementation of
• Implementation of Risk-Based Pricing and risk management in subsidiaries.
improvement in operational risk monitoring.
• Development of a Scorecard model for subsidiaries.
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Other Risks HUMAN CAPITAL & IT INFRASTRUCTURE
Apart from these two risks, the subsidiaries are also Human Capital (HC) availability in professional risk
exposed to other risks such as: Strategic Risk, Market management and the latest and adequate information
Risk, Liquidity Risk, Compliance Risk, Reputation Risk, and technology infrastructure are two important factors that
Legal Risk. All these inherent risks are managed by the also measure the success of the functions and duties of
subsidiary’s management with the support of the Bank’s the Risk Management Unit.
risk management unit to ensure alignment with the Bank
and Regulators. One of the emerging risks that has become a serious
concern of management is the increasing risk of
RISK CULTURE CAMPAIGN cybercrime, which is closely related to the increasingly
The risk management process will be optimal if each widespread use of the internet and provides opportunities
individual in the organisation enthusiastically participates for perpetrators to commit cybercrimes as well as
in identifying, managing, and monitoring risks consistently. technological advances that continue to grow in
meeting market needs that almost every activity requires
Therefore, the Bank carries out various comprehensive Information technology support.
programs to strengthen the Risk Culture within the Bank’s
organisation by establishing the key values: “ACTION” Specifically in dealing with cybercrime, IT management
(Alert, Committed, Transparent, Integrity, Objective, & has established security technology systems to be able
Noble); and “AWARE & CARE”, ,” namely be AWARE of the to identify, prevent, and monitor the risk of cybercrime.
risks of every action, as well as being CARE or having In addition, the management forewarns all stakeholders,
concern and always trying to carry out mitigation of these both employees and customers, on the threat of
risks to protect the bank from potential losses that could cybercrime on an ongoing basis. The Bank has conducted
occur. The Bank also has a motto, “Risk is Everybody’s socialisation on these threats via e-mail publications
Responsibility,” which means that risk management is a and e-learning, increasing awareness of cyber attacks,
collective effort of all work units and all Bank personnel. including ways to prevent and deal with cyber attacks,
to all employees. In addition, the Bank also carried out
The risk culture campaign program is carried out by several initiatives such as:
utilising a variety of media, such as videos, posters, web • Periodic e-mail phishing exercise simulation
portals, e-mails, newsletters, internal Bank articles, and • Adding alerts to every e-mail received from external
desktop wallpapers, as well as training at the head office parties
and branch offices. To better understand operational
risk, employees can learn through MADAM ORIS (Let’s In mitigating cyber risk, IT management works closely
Explore Operational Risk), which is sent via e-mail to with third parties that provide cyber attack prevention
improve employee understanding of Operational Risk system services. In addition, the Bank also conducts Cyber
Management. The Bank also organises a number of award Risk Assessment on outsourcing service providers that
programs related to risk culture, namely, “SuperBanker handle high-risk Bank data, updates Data Loss Prevention
Story,” which gives appreciation to employees who have governance, and conducts and reviews penetration and
implemented operational risk management well in their vulnerability assessment results regularly. In addition,
area. the Bank has obtained international-based Information
Security Management certification, namely ISO 27001 in
The rapid development of information followed by 2023.
rampant misuse of data has led the Bank intensify
awareness of information security, both electronic and RISK PROFILE
non-electronic information. To support this matter, the In accordance with the provisions contained within the
Bank has updated the Information Risk Management Financial Services Authority Circular Letter (SEOJK) No.
Procedure as an information security standard and 34/SEOJK.03/2016 and the Financial Services Authority
one of the paramount assets for the Bank. The Bank Regulation (POJK) No. 18/POJK.03/2016 concerning
likewise applies several programs to disseminate Implementation of Risk Management for Commercial
information on risk management in the form of posters, Banks and Regulation of the Financial Services
e-mail publications, e-learning, and “Premises Sweep” Authority (POJK) No. 38/POJK.03/2017 concerning the
by conducting workspace inspections to ensure the Implementation of Consolidated Risk Management
safekeeping of Bank confidential information. for Banks Conducting Control of Subsidiaries, the Bank
prepares the risk profile assessment to be reported to the
regulator every quarter.
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Individual Bank Risk Profile as of 31 December 2025 (self-assessment) In conjunction with the ICAAP process
and in line with the recommendations
Assessment as of 31 Dec 2025
of the Basel Committee on Banking
Risk Profile Supervision (BCBS), throughout 2025,
Inherent Risk KPMR Risk Level Rating
the Bank has conducted a number of
Credit Risk 3 2 2 Stress Tests aimed at measuring the
Market Risk 2 2 2 Bank’s resilience under various stress
scenario conditions.
Liquidity Risk 2 2 2
Operational Risk 2 2 2 In 2025, scenarios that have been used
Legal Risk 2 2 2 in bankwide stress tests include:
• Ad-hoc stress test (sensitivity
Reputation Risk 1 2 1
analysis)
Strategic Risk 2 2 2 • Localised stress test (Bottom up
Compliance Risk 2 2 2 stress test OJK 2025 )
• Group stress test
Composite Risk 2 2 2
BASEL III IMPLEMENTATION
INTERNAL CAPITAL ADEQUACY ASSESSMENT PROCESS (ICAAP) In conjunction with the
As a guideline for the implementation of ICAAP, the Bank has an ICAAP implementation of Basel III, which took
policy that is aligned with the Financial Services Authority Regulation (POJK) effect on January 1, 2016, the Financial
regarding the Minimum Capital Adequacy Requirement (CAR) of Commercial Services Authority (OJK) has issued
Banks and Maybank Group provisions. The alignment is intended so that the provisions concerning the Minimum
internal ICAAP policy is in accordance with the latest regulations so that all Capital Adequacy for Commercial
risks can be identified, measured and reported. Reporting of Commercial Banks (Financial Services Authority
Bank Minimum Capital Adequacy according to Risk Profile is reported on a Regulation number 11/POJK.03/2016),
semesterly basis to the Financial Services Authority (OJK). Meanwhile, the where banks are required to form
ICAAP reporting to Maybank Group is reported quarterly. additional capital as a buffer. The
additional capital mentioned above is
in the form of (i) Capital Conservation
Capital
D-SIB
Buffer, (ii) Countercyclical Buffer;
and/or (iii) Capital Surcharge for
Countercyclical Systemically Important Bank (SIB).
Capital Buffer
Capital
Conservation
Buffer The obligation to form a Capital
Regulatory
Capital Conservation Buffer applies to Banks
PILAR 2
RWA Requirement classified as Commercial Bank
Business Activities (BUKU) 3 and BUKU
CAR Based on 4. BUKU grouping refers to the Financial
PILAR 1 Risk Profile Services Authority Regulation number
RWA
6/POJK.03/2016 concerning “Business
Activities and Office Network Based
on Bank Tier 1 Capital.” In accordance
with POJK 12/POJK.03/2021 concerning
In line with the provisions of Maybank Group, the Bank has an ICAAP Commercial Banks, the grouping of
Procedure that explains the technical ICAAP mechanism. In terms of updating Banks based on Tier 1 Capital (KBMI),
material risks that are carried out periodically (if needed), the Bank conducts Maybank Indonesia falls into the KBMI
a Material Risk Assessment Process (MRAP) survey to identify material risks 3 category where the core capital (Tier
that will be taken into account in the ICAAP calculation. 1) currently owned is in the range of
Rp14 trillion to Rp70 trillion.
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On 28 December 2015, Bank Indonesia also issued PBI With regards to Basel III liquidity, the OJK has also issued
Number 17/22/PBI/2015 concerning the Obligation to the provisions relating to the Obligation to Fulfil Liquidity
Establish a Countercyclical Buffer, where the amount Coverage Ratio for Commercial Banks through POJK
of the Countercyclical Buffer is set in the range of at No. 42/POJK.03/2015 and also POJK No. 50/POJK.03/2017
least 0% - 2.5% of RWA. The obligation to establish a concerning the Obligation to Fulfil the Ratio Net Stable
Countercyclical Buffer in accordance with the latest Funding Ratio for Commercial Banks. In accordance
announcement of macroprudential instruments on the with the POJK provisions, the Bank is required to
Bank Indonesia website dated 19 November 2020 is 0%. maintain adequate liquidity and stable funding through
The amount of the Countercyclical Buffer will be evaluated measurement ratios, namely LCR and NSFR, and report
at least once every six months to determine whether these ratios to the regulators in accordance with the
adjustments to the buffer are required. provisions of POJK.
The obligation to establish Capital Surcharge for In an effort to fulfil Basel III liquidity obligations, the Bank
Domestic Systematically Important Bank (D-SIB) refers has implemented the Liquidity Coverage Ratio (LCR)
to the Financial Services Authority Regulation number 2/ reporting system so that the LCR calculation and reporting
POJK.03/2018 regarding Systemic Bank Determination and procedure, both individually and consolidated, can be
Capital Surcharge. carried out automatically on a daily basis.
The Financial Services Authority determines Systemic The Bank has implemented the system and reported
Banks and Capital Surcharges based on Financial Credit Risk RWA using the Standardised approach based
Services Authority Regulation No. 2/POJK.03/2018 on the Basel III effective January 2023 position reported
concerning Determination of Systemic Banks and Capital in February 2023 reporting. Meanwhile, the calculation of
Surcharges. In determining a Systemic Bank, indicators Operational Risk RWA using the Standardised approach
such as Bank size, linkages with the financial system, based on Basel III Reforms in accordance with SEOJK No.
and the complexity of the Bank’s business activities are 6/SEOJK 03/2020 began to be applied for the calculation
used. Banks designated as Systemic Banks are required of the December 2022 position reported in January 2023.
to establish a Capital Surcharge. The Financial Services
Authority determines Capital Surcharge in 5 buckets, Regarding the Minimum Capital Requirement for
and the amount of Capital Surcharge in each bucket is Commercial Banks, the Bank, as a member of the Central
determined: 1.0% (bucket 1); 1.5% (buckets 2); 2.0% (buckets Counterparty Institution, has considered and reported the
3); 2.5% (bucket 4); and 3.5% (bucket 5) of Risk Weighted capital calculation for the Bank’s exposure to the Central
Assets (RWA). Capital Surcharge must be met by using Counterparty Institution in accordance with SEOJK No. 16/
primary core capital (Common Equity Tier 1–CET1). SEOJK.03/2023 in the report for the period of September
2024
In the event that the Bank has a systemic importance
score that cannot be classified in the 1 (One) to 4 (four) RECOVERY PLAN
bucket groups, the OJK stipulates: Maybank Indonesia is one of the leading private banks
a. Grouping the Systemic Banks into group (bucket) 5 in Indonesia and is part of the Malayan Banking Berhad
(five) (Maybank) group, one of the largest financial service
b. Forming 1 (one) group (bucket) above group (bucket) providers in ASEAN. POJK Number 5 of 2024 concerning
5 (five) the Determination of Supervisory Status and Handling
of Issues in Commercial Banks, regulates. that Maybank
The OJK has informed that Bank Maybank Indonesia is Indonesia shall is required to prepare and submit a
designated as a Systematically Important Bank (SIB) in Recovery Plan to the OJK.
Bucket 1.
The obligation to establish a Capital Surcharge for
D-SIB applies to the Banks that are determined to have
a systemic impact. The determination of a Bank with
systemic impact is carried out by the competent regulator
where the amount may be greater than the range
stipulated in this provision.
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The Recovery Plan is designed to identify credible options in order to recover from a crisis that has bearing on financial
strength, liquidity position, capital position, operational capability and reputation should the Bank encounters a crisis.
This Recovery Plan aims to ascertain the following matters:
a) Reviewing and documenting the credible and specific recovery options that will be available to Maybank Indonesia
to deal with various crisis situations;
b) Recovery options that can be rapidly and effectively deployed; and
c) Providing required business, organisational and structural information and analysis, for regulators and key
stakeholders.
The Recovery Plan presents an overview of financial-related crises, ranging from mild to severe, includes coordinating
current crisis management plans, such as the Liquidity Contingency Plan (LCP) and the Capital Contingency Plan (CCP)
which focus on mild and severe stress levels, while the Recovery Plan focuses on extreme stress levels.
In the Recovery Plan, there are several trigger indicators and recovery rates in severe crisis conditions, where potential
risks are actively monitored to facilitate recovery plans. Recovery Plan indicators such as Capital Adequacy Ratio (CAR)
& CET 1 ratio for capital, Minimum Primary Reserve in Rupiah Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio
(NSFR) for liquidity, Return on Assets (ROA), Return on Equity (ROE), Operating Expenses on Operating Income (BOPO)
for profitability, while for assets quality the indicators are Gross Non-Performing Loan (NPL) & Net Non-Performing Loan
(NPL). Low-Quality Credit (LQC) and the Allowance for Impairment Loss Ratio (AILR)/Low-Quality Credit (LQC).
The preparation of the Recovery Plan was carried out by both Bank Maybank Indonesia and Maybank Group as
Controlling Shareholder.
Business as Recovery Resolution
Usual Phase Phase
Stress event
Stress events (market or idiosyncratic) cause a
decline in the financial position of the Bank
BAU Recovery Actions Resolution Actions
activity Bank remains in control Resolution authority in
control
MAYBANK INDONESIA INTEGRATED FINANCIAL CONGLOMERATION
The Bank has actively carried out the integrated risk-based supervisory function on the Financial Conglomerate, as
the regulator has stipulated in the Financial Services Authority Regulation (POJK) No. 17/POJK.03/2014 concerning the
Implementation of Integrated Risk Management for Financial Conglomerates.
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Structure of Maybank Financial Institution Ownership in Indonesia
SHAREHOLDER COMPOSITION OF FINANCIAL CONGLOMERATE (MAYBANK GROUP) PER 31 DECEMBER 2025
Amanah Raya Trustees Citigroup Nominees
(Tempatan) Sdn Bhd Kumpulan Wang
Berhad Permodalan Nasional Other Institution and
Employees Provident Persaraan
Amanah Saham Berhad Retail Investors
Fund Board (Diperbadankan)
Bumiputera
27.86% 11.41% 6.43% 5.38% 48.92%
Malayan Banking Berhad
100% 100% 100% 100%
Maybank
Etiqa Maybank
Offshore Maybank Asset
International International
Corporate Management
Holdings Sdn. Holdings Sdn.
Service (Labuan) Group Berhad
Bhd. Bhd.
Sdn Bhd
79.87% 100% 100%
100% PT Asuransi Etiqa Maybank Asset
Vital Solution Sorak Financial Maybank IBG
Public < 5% Internasional Management
Fund Holdings Pte Ltd Holdings Limited
Indonesia Sdn. Bhd.
12.29% 8.73% 45.02% 33.96% 85% 99%
15% PT Maybank PT Maybank
Sekuritas Asset
Indonesia Management
PT Bank Maybank Indonesia Tbk
99.99% 67.49%
PT Maybank PT Wahana
Indonesia Ottomitra
Finance Multiartha Tbk
Main Entity
Malayan Banking Berhad, or Maybank, as the controlling shareholder, appointed Bank Maybank Indonesia as the Main
Entity based on the largest asset criteria supported by the best Risk Management process in the conglomerate.
01
PT Bank Maybank Indonesia Tbk (MBI)
• Banking
6 • Retail Banking, Business Banking, dan Global Banking
PT Asuransi
Etiqa
02
PT Maybank Indonesia Finance (MIF)
Internasional • Financing Company
5 Indonesia 2 • Financing of new amd used 4-wheeled vehicle
(EII)
PT Maybank Maybank
03
Sekuritas Indonesia PT Wahana Ottomitra Multiartha Tbk (WOM)
Indonesia Finance (MIF) • Financing Company
(MSI) 1 • Financing of new amd used 2-wheeled vehicle
Bank
PT Maybank Asset Management (MAM)
Maybank
Indonesia 04 • Investment Manager
• Mutual Funds and Discretionary Funds
4 (MBI) 3
PT Maybank Sekuritas Indonesia (MSI)
Maybank Asset
Management
Wahana
Ottomitra 05 • Brokers and Security Underwriters
• Advisory, IPO, and Equity Trading
(MAM) Multiartha
(WOM)
PT Asuransi Etiqa Internasional Indonesia (EII)
06 • Insurance Company
• Property and Motor Vehicle Insurance and other products
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Collaboration and Synergy between Entities In line with the provisions of
Collaboration and synergy between entities has been carried out as a commitment in the OJK Regulation No. 45/
providing the best services to customers. POJK.03/2020 concerning
Financial Conglomerates,
MBI as the Main Entity has
submitted a Corporate
MBI Charter to the OJK in
accordance with the
provisions. The Corporate
EII MIF Charter has been signed
by the Board of Directors
of each Financial Services
Synergy and
Collaboration Institution member of
KKMBI.
MSI WOM Intra-Group
Transaction
Referring to the Financial
MAM Services Authority
Regulation (POJK) No. 17/
POJK.03/2014 and the
OJK Circular Letter (SE)
The quality of business collaboration will be further enhanced, including the Risk No.14/SEOJK.03/2015
Management, Compliance and Audit components, to become the best financial concerning Integrated Risk
conglomerate in Indonesia through One Maybank Go To Market initiative. Management for Financial
Conglomerates, that
Progress of Integrated Risk Management Implementation Financial Conglomerates
The Bank periodically evaluates the integrated risk profile to be reported to the regulator shall establish Integrated
every semester, covering all Financial Institutions that are members of the Maybank Risk Management
Indonesia Financial Conglomerate. comprehensively and
effectively. Maybank
The following is the Integrated Risk Profile based on self-assessment as of 31 December Indonesia’s Financial
2025: Conglomerate is
composed of the following
KPMR (Quality of
members:
Risk Profile Inherent Risk Rating Risk Management Risk Profile Rating 1. PT Bank Maybank
Implementation)
Indonesia, Tbk. (MBI),
Credit Risk 3 2 2 2. PT Maybank Indonesia
Finance (MIF),
Market Risk 2 2 2
3. PT Wahana Ottomitra
Liquidity Risk 2 2 2
Multiartha, Tbk. (WOM),
Operational Risk 2 2 2 4. PT. Maybank Sekuritas
Legal Risk 2 2 2
Indonesia (MSID),
5. PT Maybank Aset
Reputation Risk 1 2 1
Manajemen (MAM),
Strategic Risk 2 2 2 and
Compliance Risk 2 2 2 6. PT Asuransi Etiqa
Internasional Indonesia
Intra-Group Transaction
Risk
2 2 2 (EII).
Insurance Risk 2 2 2
Risk Profile Rating 2 2 2
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Malayan Banking Berhad or Maybank as the Controlling Shareholder (PSP) appointed PT. Bank Maybank Indonesia, Tbk.
as the Main Entity based on the largest total assets criteria and/or having outstanding Quality of Risk Management
Implementation (KPMR) as stipulated by the OJK.
Intra-group transaction risk management is a series of methodologies and procedures used to identify, measure,
monitor, and control the risk of intra-group transactions arising from all Financial Institution business activities
incorporated in a Financial Conglomerate.
The Intra-Group Transaction Policy refers to the 4 pillars that have been determined by the OJK, as follows:
1. Supervision by the Main Entity’s Board of Directors and Board of Commissioners
2. Adequacy of policies, procedures, and determination of risk limits for intra-group transactions
3. Adequacy of the identification process, measurement, monitoring and risk control as well as the intra-group
transaction risk management information system
4. A comprehensive internal control system for the implementation of intra-group risk management.
Adjusting products and services to meet the needs and characteristics of customers.
RISK MANAGEMENT FOCUS IN 2026
KEY RISK MANAGEMENT INITIATIVES
• Determining an appropriate risk posture during the recovery period
to support sustainable business growth.
• Aligning credit risk policies to support healthy credit growth
strategies across each segment.
• Development of machine learning models as an overlay to the
Digital Loan RSME credit process to support financing expansion to
STRENGTHENING RISK MANAGEMENT NTB and existing non-RSME borrower segments.
CAPABILITIES AND EFFICIENCY • Leveraging and developing technology to support the Bank’s first
line of defense units.
• Continuously enhancing information technology and cyber risk
STRENGTHENING OPERATIONAL monitoring tools while strengthening capabilities in responding to
AND CYBER INTEGRITY AND RESILIENCE cyber incidents.
• Reviewing the implementation of risk management to ensure
alignment with broader changes in the business, economic, and
ACHIEVING SUSTAINABLE social environment.
GROWTH • Supporting the Bank’s transition toward sustainability initiatives
(Environmental, Social, and Governance / ESG) through the
development of Risk Acceptance Criteria (RAC) for industries that
are vulnerable to ESG-related risks.
• Further development of integrated risk management processes
in line with the establishment of Maybank Indonesia’s Financial
Conglomeration Holding Company (PIKK), including strengthening
governance structures, aligning risk management policies, and
integrating risk management information systems.
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Risk Management and Compliance Policy The results above will then become an input for IT, which
Strategic goals have been determined to realise the is then implemented to improve the Company’s overall
vision to make the principle of sustainability an integral cyber resilience and cyber security capabilities.
part of the Company’s strategy and culture and to make
customers as partners to bring about change in a better In addition, the Bank’s various efforts to reduce the risk
world through sustainable growth. Proper Environmental, of internal and external fraud include always conducting
Social & Governance (“ESG”) risk management is not fraud awareness for both employees and customers, such
only something that is good to do, but also something as never sharing personal information, users, PINs, OTPs,
that can support healthy business growth. In addition, or passwords with anyone; educating not to carelessly
the Risk of Climate Change needs to be responded click on hyperlinks; and training and simulating phishing
to in a measurable and targeted way in line with the e-mails for employees.
government’s commitment to reducing carbon emissions.
In line with Indonesia’s economic recovery and the lifting
The paradigm shift in digital banking services requires of COVID-19 restrictions by the government since the
creative steps in the development of products and end of 2022, the Bank sees this as the right momentum
services in the virtual world, which is likely to become for credit growth. One of the focuses of the Bank’s credit
a community trend in the future. Risk Management growth is in the SME segment, which was severely
must remain relevant to the direction of sustainable impacted during the COVID-19 pandemic. Growth in the
business growth, amidst the risks of climate change and SME segment is, of course, carried out by applying all
digitalisation demands that adapt to the needs and the lessons learnt from the portfolio deterioration that
characteristics of customers. occurred as a result of the COVID-19 crisis in order to
obtain future portfolio growth that is more resilient
The Bank, through the Technology Risk Management Unit
led by the CISO (Chief Information Security Officer), has To support the achievement of business targets and in
a focus area to oversee/improve IT capabilities both in line with the implementation of risk management and
terms of infrastructure and resilience to cyber attacks, compliance that has been implemented in 2025, the
with 3 focus areas, namely Technology Risk, Cyber Risk, Bank continues to develop knowledge, understanding,
and Red Team. and risk awareness in every employee through training
in accordance with the development of the banking
The focus area of Technology Risk and Cyber Risk is industry in supporting the implementation of effective
the 2nd line of defence, where the function includes risk management and compliance. In addition, the Bank
governance, compliance, and advisory functions on the continues to improve the management of comprehensive
current conditions and emerging technology/cyber risks risk management and compliance in 2025, namely:
that affect IT capabilities in terms of infrastructure and
resilience to cyber attacks.
The Red Team’s focus area is the 2nd line of defence,
where its function is to verify and validate the Company’s
cybersecurity implementation with the following methods:
- Verification and validation of cyber security based on
vulnerability for example through penetration testing
− Verification and validation of cyber security based on
scenarios for example: read teaming/purple teaming,
phishing simulation, social engineering, cyber drill
(table top and technical)
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A. Credit Risk Management
The Bank will continue to improve its efforts and credit - Developing the business opportunities stemming from
risk management mechanisms to ensure the Bank’s subsidiaries (Maybank Finance and WOM Finance)
credit risk profile is within the Bank’s risk appetite with including strengthening the credit scoring engine by
the following initiatives:: utilising alternate scores from third parties.
1) Policy and Guideline - Regularly monitoring and analysing credit portfolios
- To support the growth strategy in the SME while developing proactive data analytics capabilities
segment, the Bank will review several to enhance credit portfolio quality to become more
underwriting approaches before determining predictive.
the ideal and appropriate framework to handle - Enhancing the role of Credit Risk Review in maintaining
the expansion of this segment, including the the quality of the credit process to build a good and
possibility of doing fine tuning/adjustments to prudent credit culture through independent and
the existing underwriting framework periodic reviews on approved credit facilities.
- Periodically issuing new policies and/or review - Development of the RSME Loan Originating System
the Bank’s credit policies and guidelines to (LOS) for credit approval process by integrating the
ensure that these policies are still effective in Credit Quality Checklist (CQC) into the LOS. The CQC
supporting business activities and comply with serves as a guide for credit decision makers, and a
applicable regulations/policies of the regulator. uniform decision-making process for RSME loans.
- Conducting dissemination to the work units - Use of the Retail Consumer Collection System for the
through the Helpdesk/Command Center policy collection process for the RSME segment. This is in line
services as well as formal forums aiming to with the reorganisation initiative of the RSME Asset
increase the understanding of the work unit in Quality Management unit to execute the retail billing
implementing credit policies. method for the RSME segment with the objective of
- Creating assessment on sector/industry and increasing the efficiency and effectiveness of handling
updating the sector/industry database. non-performing loans.
2) Limits - Monitoring and analysing credit portfolios on a regular
The Bank periodically reviews the implementation basis to ensure that portfolio management is always
of industrial limits to ensure that credit well maintained.
concentration risk is maintained and always - Developing CRR (Credit Risk Reviewer) system
support business growth. applications for database inventory, report generation
3) System, Reporting, & Monitoring and analysis of Credit Risk Review work unit review
- Regarding the portfolio growth plan for the SME results.
segment, strict supervision of the active COVID - Developing the Monitoring & Tracking (MTREX)
restructuring portfolio continues to be carried application as a medium in the process of simplifying
out. The Bank conducts a periodic health check credit applications, monitoring, tracking and reporting
on the entire COVID restructuring portfolio to be debtor accounts in supporting the debtor/prospective
able to increase more detailed understanding debtor analysis process.
of the portfolio. This enables the Bank to - Developing the MyMIS application related to the
implement an appropriate account strategy provision of large funds on a daily basis to support the
and handling in order to help the customer’s monitoring process of debtor and obligor exposure
recovery process from the COVID crisis, and
this is in line with the regulations set by the
regulator/OJK.
- Continuing the development and
implementation of the Decision Engine &
Alternate Score for Credit Card and Unsecured
Loan (KTA) customer acquisition processes.
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B. Operational Risk Management also be automated as part of the GRC system
1) Policy and Procedure development. To improve efficiency & effectiveness
The Bank constantly conducts a review and in carrying out its functions, the Bank will continue
update on the Operational Risk Management to automate the existing processes through
and Business Continuity Management (BCM) system development.
guidelines to ensure the implementation of policies 3) Knowledge, Culture, and Risk Awareness
and procedures in the Bank is in accordance The Bank regularly strives to socialise the culture
with organisational developments, the latest of managing risk and increasing risk awareness
environmental conditions, as well as changes in comprehensively to all lines of business units
prevailing laws and regulations. and supporting units of the Bank, which is the
2) Work Tools and System main key to success in risk management by
The Bank continues to maintain and ensure that organising various education and socialisation
the Bank’s operational risk management and programs, both in the form of: E-Learning, training,
BCM processes are proactive and adequate. meeting forums, organising sharing sessions,
The Bank also strives to continue to support the publishing articles and case studies through
implementation, monitor utilisation, and maintain written and online media, as well as in other
the infrastructure of operational risk management forms of campaigns. Related to the Bank’s various
tools, including Risk & Control Self-Assessment efforts to become a risk of internal and external
(RCSA), Key Risk Indicators (KRI), and Incident fraud, including the Bank always conducts fraud
Management & Data Collection (IMDC) carried out awareness both to employees and customers
by using the Operational Risk Management System such as never sharing personal information, users,
(ORMS) application which will be updated as part PINs, OTPs, passwords to anyone, educating not
of the integrated Governance Risk & Compliance to carelessly click on hyperlinks, training and
(GRC) system. As one of the Bank’s efforts to simulation of phishing e-mails to employees.
continuously improve the quality of operational risk
management tools, the Bank conducts scheduled C. Market Risk Management, Liquidity Risk, and
RCSA and KRI discussions with related work units Counterparty Credit Risk (CCR)
to be updated. As for BCM tools, the Bank uses 1. Policy and Guideline
Risk Assessment (RA), Business Impact Analysis The Bank constantly reviews and periodically
(BIA), and Business Continuity Plan (BCP) to ensure updates all policies and guidelines to suit
that the Bank has an appropriate method for developments in the complexity of market risk
service continuity, especially for Critical Business exposure, Bank liquidity and counterparty credit
Functions (CBF). The Bank continues to implement risk as well as aligns with the latest regulations
the Business Continuity Management strategy from regulators and best practices in the banking
in dealing with emergency conditions to ensure industry, both locally and worldwide. In addition,
consistency in achieving business objectives the Bank will ensure the implementation and
and business continuity, including continuously alignment of policies and guidelines related
monitoring the situation and taking steps in to market risk and liquidity management at
accordance with the provisions and directives of subsidiaries and overseas branches.
the government/regulator. Database, reporting
and call tree system as part of the BCM tools will
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2. Limits - Furthermore, to ensure the effectiveness
The Bank will review at least annually all market of the model used, the Bank also conducts
risk limits in the trading book and banking back testing to ensure that the output of the
book, liquidity risk, and counterparty credit risk. model does not have a significant deviation
Limits are reviewed to align with the Bank’s risk compared to the actual.
appetite, strategy and budget; and approved by - In addition, to estimate or project risk exposures
the relevant committee, such as the Asset and in extreme market conditions and or in a crisis,
Liabilities Committee (ALCO), or other committees. the Bank also conducts Stress tests on liquidity
3. System, Reporting, and Monitoring risk and market risk exposures used to measure
The Bank will continue to improve the quality the Bank’s resilience in these conditions.
of each risk management process, such - Modelling in Liquidity Risk and Interest Rate Risk
as identifying, calculating, monitoring, and in Banking Book (IRRBB). The Bank will update
reporting market risk exposures, liquidity risks, and develop the calculation methodology,
and counterparty credit risks, accompanied by modelling, including the assumptions used in
in-depth analysis of each risk report so that the measuring liquidity risk and IRRBB so that it is
report becomes more significant as a basis for in line with applicable regulations and ensures
business decision-making for the management compliance with best practices in the market.
and all stakeholders in the Bank. This process will - Pre-Settlement Risk (PSR) Factors in Treasury
be sustained by an adequate system, especially Transactions. The Bank manages Counterparty
for a system that manages market risk in the Credit Risk on transactions in the Global
Trading Book, interest rate risk in the Banking Markets (Treasury) with other parties, through
Book, liquidity risk, and counterparty credit risk, the determination of the pre-settlement risk
such as the development of treasury systems to (PSR) factor for each product or financial
be able to calculate market risk-weighted assets instrument, currency, and transaction period.
and netting for counterparty credit risk exposures PSR factor values are tested periodically
in accordance with regulatory requirements, as or should there be significant changes or
well as the development of liquidity risk systems movements in market prices.
to be able to produce the necessary liquidity risk
measurements quickly and accurately. D. Enterprise Risk Management
4. Measurement Method In line with the assessment of Risk Landscape
The Bank will constantly apply risk measurement and material risk identification that is periodically
methods that have been tested at this time, either carried out by the Bank, the determination of risk
the standard models applied by regulators or measurement and review of Risk Appetite and Risk
models built internally to accurately measure Tolerance will continue to be carried out to ensure
potential risk. the growth of the Bank’s portfolio remains supported
- To ensure that the method or model used by a sound risk management and all risks including
in the Market Risk measurement process is emerging risk can be measured and managed with a
conceptual and its implementation is adequate process that has been defined within the Bank’s Risk
and includes all risk factors, The Bank will Management Framework.
ensure that there is a validation process carried 1) Adequate Governance
out independently by personnel appointed as - Ensuring that the risk management process
validators, who are not involved in the process runs in accordance with good governance
of building and developing the model, where through the implementation of effective
the validation process will be carried out Committees at the Bank’s consolidated level
periodically. (including subsidiaries), as well as at the
Maybank Integrated Financial Conglomeration
level in Indonesia, which, in addition to involving
a subsidiary, also includes sister companies.
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- In line with the provisions, the Bank as the Main - Conduct a self-assessment of the Bank’s
Entity has fulfilled its obligation to establish financial condition changes regarding assets,
an Integrated Risk Management Committee liabilities, and/or equity as of the financial
(IRMC) and an Integrated Risk Management statement date in the previous Resolution Plan
Unit in order to implement comprehensive in accordance with the provisions of PLPS No.
and effective Maybank Group integrated 2 of 2024, and subsequently perform periodic
risk management in Indonesia. The IRMC will updates in accordance with the regulations, at
consistently meet at least four times a year. least once every two years.
- The Bank will also regularly hold meetings of
the Bank’s Risk Management Committee/RMC E. Technology and Cyber Risks
at least four times a year and the Bank’s Risk The bank will continuously update efforts and
Oversight Committee/ROC once a month to mechanisms for managing technology and
support risk management governance. cyber risks in line with current developments and
2) Reporting implementations. The following initiatives are being
- In order to implement Integrated Risk undertaken:
Management for the Financial Conglomerate, 1. Policies and Procedures
the Bank as the main entity will prepare and a. Technology and cyber areas are rapidly
submit an Integrated Risk Profile report for the evolving, requiring stakeholders to have a
end of June and December with coverage of unified perspective and understandable
all Financial Services Institutions incorporated standardisation.
in the Maybank Indonesia Financial b. The Bank continuously enhances technology
Conglomerate. and cyber areas in alignment with new
- The process of preparing the Risk Profile of the regulations such as POJK No. 11/POJK.03/2022
Bank and its subsidiaries will be carried out and regarding Information Technology
reported to the Regulator on a quarterly basis, Implementation by Commercial Banks and
in accordance with applicable regulations. SEOJK No. 29 /SEOJK.03/2022 concerning Cyber
- The Internal Capital Adequacy Assessment Resilience and Security for Commercial Banks.
Process (ICAAP) report according to the c. Alignment of Maybank Group standards and
Risk Profile and the Risk Based Bank Rating frameworks is necessary to leverage existing
(RBBR) assessment process for the Bank and knowledge, focusing risk management more on
its subsidiaries will be submitted on a six- monitoring and mitigation.
monthly basis in accordance with applicable d. The Bank consistently improves its cyber
regulations. incident response capabilities to achieve better
- Evaluation and testing (Stress Testing) is cyber resilience.
conducted by the Bank on a regular basis for e. The Bank also enhances information security
internal purposes with the aim to observe the by adhering to industry information security
condition of the Bank in a stressed scenario in standards such as ISO27001.
terms of capital, liquidity, profitability, and asset 2. Work Tools and Systems
quality. a. Risk management, particularly technology
- Updating the Recovery Plan document regularly and cyber risks, will utilise and analyse
in accordance with the provisions, at least once data from within the Bank. This data-driven
a year. risk management is expected to benefit
identification, prediction, and proactive
mitigation of operational business risks.
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b. In addition to using and analysing data from
within the Bank, the use and analysis of external
threat data are also necessary to proactively
mitigate current and future threats.
c. Data-driven risk management development is
done gradually by:
Assessing and categorising usable data;
- Assessing relevant cyber threats to the
Bank to understand their impacts and
mitigations;
- Standardising data sources and
mechanisms for data collection and
processing;
- Standardising metrics, dashboards, and
reporting used;
- Utilising information technology and
automation for more effective data
processing;
- Developing technology and cyber risk
monitoring media for proactive initiatives.
- Continuously verifying and validating
implemented controls.
3. Knowledge, Culture, and Risk Awareness
The bank regularly conducts risk awareness
campaigns, especially for technology and
cyber risks due to their rapid changes. Sufficient
knowledge and the formation of risk culture and
awareness across all business lines and supporting
units of the Bank are key to successful technology
and cyber risk management. Awareness and
education programs using available media to
solicit feedback from the target audience will
enhance the quality and quantity of materials
related to technology and cyber risks. These
programs will collaborate with relevant units for
alignment and avoid appearing isolated.
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RISK EXPOSURE AND CAPITAL DISCLOSURE
C: GENERAL
Key Metrics - As of 31 December 2025
No. Description
AVAILABLE CAPITAL (VALUE)
1 Common Equity Tier 1 (CET1) Capital
2 Tier 1 Capital
3 Total Capital
Risk Weighted Assets (Value)
4 Total Risk Weighted Assets (RWA)
Risk-Based Capital Ratio as a Percentage of RWA
5 CET1 Ratio (%)
6 Tier 1 Ratio (%)
7 Total Capital Ratio (%)
ADDITIONAL CET1 BUFFER AS PERCENTAGE OF RWA
8 Capital Conservation Buffer (2.5% of RWA) (%)
9 Countercyclical Buffer (0 - 2.5% of RWA) (%)
10 Capital Surcharge for Systemic Banks (1% - 2.5%) (%)
11 Total CET1 as Buffer (Row 8 + Row 9 + Row 10)
12 CET1 Component for Buffer
LEVERAGE RATIO AS PER BASEL III
13 Total Exposure
14 Value of Leverage Ratio, including the impact of adjustments for the temporary exemption on current account placements with
Bank Indonesia in compliance with the statutory reserve requirement (if any)
14b Value of Leverage Ratio, not including the impact of adjustments for the temporary exemption on current account placements
with Bank Indonesia in compliance with the statutory reserve requirement (if any)
14c Value of Leverage Ratio, including the impact of adjustments for the temporary exemption on current account placements with
Bank Indonesia in compliance with the statutory reserve requirement (if any), that have considered the average carrying value
of SFT assets on a gross basis (%)
14d Value of Leverage Ratio, not including the impact of adjustments for the temporary exemption on current account placements
with Bank Indonesia in compliance with the statutory reserve requirement (if any), that have considered the average carrying
value of SFT assets on a gross basis (%)
LIQUIDITY COVERAGE RATIO (LCR)
15 Total High Quality Liquid Asset (HQLA)
16 Total Net Cash Outflow
17 LCR (%)
Net Stable Funding Ratio (NSFR)
18 Total Available Stable Funding (ASF)
19 Total Required Stable Funding (RSF)
20 NSFR (%)
The leverage ratio as of December 31, 2025, was 14.97%, still above the 3% requirement.
The largest components of core capital were derived from agio of Rp 6,357,376 and prior-year profit of Rp17,009,310. The largest total
exposure came from loans of Rp 123,637,221 and securities held of Rp35,809,886.
PT WOM Finance, Tbk., and PT Maybank Indonesia Finance are subsidiaries of PT Bank Maybank Indonesia Tbk, primarily engaged in
automotive financing. In the consolidated average daily LCR calculation throughout the fourth quarter of 2025, the Liquidity Coverage
Ratio (LCR) was 176.20%. The consolidated LCR increased by 13.27% compared to the third-quarter 2025 position, which was 162.93%. The
increase in the consolidated LCR was primarily due to an increase in average High Quality Liquid Assets (HQLA) of Rp3.47 trillion, mostly
derived from level 1 securities held by the bank. Meanwhile, the average Net Cash Outflow also increased by Rp55.23 billion, driven by
higher other contractual cash outflows.
PT WOM Finance, Tbk., and PT Maybank Indonesia Finance are subsidiaries of PT Bank Maybank Indonesia Tbk, which primarily engages in
automotive financing.
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(in million Rupiah)
December 2024 September 2024 June 2024 March 2024 December 2024
30,882,115 30,111,954 29,345,168 29,266,516 28,878,652
30,882,115 30,111,954 29,345,168 29,266,516 28,878,652
32,265,226 31,472,098 30,697,158 30,642,533 30,256,134
118,139,502 116,274,865 115,321,440 119,415,515 118,397,661
26.14% 25.90% 25.45% 24.51% 24.39%
26.14% 25.90% 25.45% 24.51% 24.39%
27.31% 27.07% 26.62% 25.66% 25.55%
2.50% 2.50% 2.50% 2.50% 2.50%
0.00% 0.00% 0.00% 0.00% 0.00%
1.00% 1.00% 1.00% 1.00% 1.00%
3.50% 3.50% 3.50% 3.50% 3.50%
17.32% 17.08% 16.63% 15.67% 15.56%
206,323,037 208,874,271 195,155,435 200,155,657 206,355,467
14.97% 14.42% 15.04% 14.62% 13.99%
14.97% 14.42% 15.04% 14.62% 13.99%
15.58% 14.60% 15.46% 15.65% 15.06%
15.58% 14.60% 15.46% 15.65% 15.06%
44,892,263 41,421,388 34,467,677 38,981,262 41,864,551
25,477,297 25,422,063 24,128,268 24,398,285 22,586,385
176.20% 162.93% 142.85% 159.77% 185.35%
118,255,758 123,722,426 114,920,867 113,661,829 118,611,493
98,598,891 99,735,757 107,699,150 107,013,986 108,820,885
119.94% 124.05% 106.71% 106.21% 109.00%
The consolidated NSFR with subsidiaries as of December 2025 was 119.94% (7.52% higher than the Bank’s individual NSFR), with total
Available Stable Funding (ASF) after weighting of Rp18.28 trillion and total Required Stable Funding (RSF) after weighting of Rp98.60 trillion.
Compared to the Bank’s individual ASF position, the consolidated ASF was higher by Rp12.97 trillion, derived from capital, securities issued
by subsidiaries, and subsidiary loans. Meanwhile, RSF was higher by Rp4.94 trillion, largely from loans provided by subsidiaries.
On a consolidated basis, the amount of funding with maturities of more than one year was Rp13.77 trillion, while the amount of loans
categorized as Current and Special Mention (performing) with maturities of more than one year was Rp66.50 trillion.
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D: GENERAL
The Difference Between the Consolidated Coverage in Accordance with Accounting Standards and
The Prudential Requirements
a&b
Carrying amount as stated
in the published financial
statements
ASSETS
Cash 1,717,615
Placements with Bank Indonesia 9,266,931
Placements with other banks 3,856,269
Spot and derivative/forward receivable 1,712,827
Trading securities 35,809,886
Securities sold under re-purchase agreement (repo) receivables 8,306,914
Securities purchased under re-sale agreement (reverse repo) receivables 204,793
Acceptances receivable 1,918,677
Loan receivables 93,122,625
Shariah financing receivables 30,514,596
Equity investments 196,443
Other financial assets 1,350,520
Allowance for impairment losses on financial assets -/- (3,413,870)
Intangible assets 1,802,017
Accumulated amortisation of intangible assets -/- (1,453,377)
Fixed assets and inventories 6,329,185
Accumulated depreciation of fixed assets and inventories -/- (2,542,164)
Non productive assets 751,669
Other assets 4,266,077
TOTAL ASSETS 193,717,633
LIABILITIES
Demand deposits 44,343,758
Savings 22,526,785
Time deposits 49,323,553
Electronic money -
Liabilities to Bank Indonesia -
Liabilities to other banks 9,129,697
Spot and derivative/forward liabilities 1,372,308
Securities sold under repurchase agreement (repo) liabilities 7,858,696
Acceptances liabilities 1,890,224
Securities issued 4,272,990
Borrowings 13,840,155
Security deposits 41,492
Inter-branch liabilities 610
Other liabilities 6,033,882
Non-controlling interests 630,176
TOTAL LIABILITIES 161,264,326
Qualitative Analysis
The carrying amount, in accordance with the market risk framework, represents the value of assets and liabilities in foreign currencies
that are components of the Net Open Position (NOP) calculation. The “Securities Held” item also includes Rupiah-denominated
securities under the “Trading” category. The “Spot and derivative/forward receivables” and “Spot and derivative/forward liabilities”
items include positions in Rupiah.
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(in million Rupiah)
31 December 2025
c d e f g
Carrying amount by risks
According to credit According to According to According to market Does not reffer to capital
risk counterparty credit securitisation risk framework requirements or based on capital
framework risk framework framework deduction
1,717,615 131,445
9,266,931 3,925,084
3,856,269 3,658,312
1,712,827 1,712,827
31,256,686 7,044,834
8,306,914 -
204,793 185,486
1,918,677 1,766,623
93,122,625 15,686,845
30,514,596 2,538,137
196,443 -
1,343,249 143,250
2,614,047 (614,938)
- 27,746
- (20,953)
6,329,185 -
(2,542,164) -
751,669 -
2,743,433 71,039
191,396,175 1,917,620 - 36,255,737 -
13,237,593
2,968,602
11,457,915
-
-
2,538,867
1,372,308
-
1,762,928
-
4,085,375
19,941
-
268,000
-
- 37,711,529 -
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E: GENERAL
The Differences Between the Exposure in Accordance with Prudential Requirements and the Carrying
Values in Accordance with Financial Accounting Standards
31 December 2025
a b c d e
Item in accordance with:
Total Counterparty
Credit risk Securitisation Market risk
credit risk
framework framework framework
framework
The carrying amount of assets in accordance with the 229,569,532 191,396,175 - 1,917,620 36,255,737
consolidated coverage of prudential requirements
(as reported in template LI1)
The carrying amount of liabilities in accordance with 37,711,529 - - - 37,711,529
the consolidated coverage of prudential requirements
(as reported in template LI1)
Total net value in accordance with the consolidated 191,858,003 191,396,175 - 1,917,620 (1,455,792)
coverage of prudential requirements
Value of off-balance sheet accounts - - -
Valuation differences - - - - -
Differences between netting rules, except those in - - - - -
Row 2
Allowance differences - - - - -
Prudential filters differences - - - - -
Exposure value considered in accordance with the 191,858,003 191,396,175 - 1,917,620 (1,455,792)
consolidated scope of prudential requirements
Qualitative Analysis
The difference in the carrying value according to the market risk framework for Trading Securities is due to the fact that it is recorded
using the trade date and the market value used is based on the dirty price, which is the market value of securities based on the clean
price plus the accrual value of the current interest income to be received.
Instructions
• The values for rows 1 and 2, columns (b) to (e) are based on the sum of columns (c) to (f) of LI1.
• The value on administrative accounts includes the original exposure on administrative accounts in column (a) and the value under
the regulatory framework, after application of the Credit Conversion Factor (CCF) where appropriate in columns (b) to (e).
• Columns (c) through column (f) correspond to the respective financial services authority regulations, namely:
1. column (c) i.e. carrying amount in accordance with the provisions of the Financial Services Authority regarding guidelines for the
calculation of risk-weighted assets for credit risk using the standardised approach.
2. column (d) i.e. carrying amount in accordance with the guidelines for the calculation of net charge of derivative transactions in
the calculation of risk-weighted assets for credit risk using the standardised approach.
3. column (e) is the carrying value in accordance with the Financial Services Authority Regulation regarding prudential principles in
asset securitisation activities for commercial banks;
4. column (f) is the carrying value in accordance with the guidelines for the use of standard methods in calculating the minimum
capital adequacy obligation of commercial banks by taking into account market risk.
• Total exposure for prudential requirements: The value listed i.e. the aggregate value is considered as the beginning of the
RWA calculation for each risk category. As per the credit risk framework should refer to the value applied as per the credit risk
standardised approach or for exposures at default (EAD) on credit risk - Internal Rating Based Approach; securitisation exposures
should be defined as per the securitisation framework; counterparty credit exposures as defined as EAD used for counterparty credit
risk purposes); and market risk exposures as per the position on the market risk framework.
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F: DESCRIPTION OF THE DIFFERENCE BETWEEN THE EXPOSURE VALUE IN ACCORDANCE WITH
FINANCIAL ACCOUNTING STANDARDS AND THE PRUDENTIAL REQUIREMENTS
(i) Valuation methodology, Valuation of financial instruments in the Trading Book is carried out through several types of
including an explanation of fair value measurements:
the extent to which mark-to- a. Based on market prices (mark-to-market)
market and mark-to-model Financial instruments are valued daily based on current market interest rates/prices
methodologies are used. traded in active markets and sourced from credible financial data providers (Bloomberg;
Reuters) and/or from brokers active in the market.
b. Based on a specific modeling approach (mark-to-model)
If fair value measurement based on market prices (mark-to-market) cannot be
performed, then fair value measurement is done based on mark-to-model, which is a
method of fair value measurement after benchmarking, extrapolation, or calculation using
available market input data. Various valuation techniques include Discounted Cash Flow,
Modeling, and Benchmarking.
(ii) Description of the independent The independent price verification process is conducted by parties independent of the
price verification process. business unit (in this case, by the risk management unit) to ensure that market data used in
the valuation process is in line with standards, quality, and completeness.
The price verification process is carried out at the end of each working day after all necessary
market data has been collected. There are 2 (two) types of tolerance checks for independent
price verification:
a. Percentile check
This check is performed to ensure that the market data taken falls within the specified
percentile range. If there are data points outside the percentile range (outliers), then those
data points will be excluded/not used.
b. Time stamp check
This check is performed to ensure that market data is always updated and taken at
specified times.
(iii) Procedures for valuation The process and methodology for assessing trading positions for each type of instrument are
or provision adjustments as follows:
(including process description a. Debt Securities.
and methodology for assessing Valued daily based on the current market rates traded in active markets and sourced
trading positions with instrument from credible financial data providers (Indonesia Bond Pricing Agency, Bloomberg,
types). Reuters) and/or from brokers active in the market.
b. Foreign Exchange Rates and Derivative Instruments.
Valued daily using discounted cash flow calculated using available market input data.
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G: CAPITAL
Composition of Capital (CC1)
Reference from
Amount Consolidated
No. Component (in million Statements of
Rupiah) Financial Position
1)
Common Equity Tier 1 Capital: Instruments and Reserves
1 Directly issued qualifying common share (and equivalent for non-joint stock 10.213.284 a
companies) capital plus related stock surplus
2 Retained earnings 18.666.676 b
3 Accumulated other comprehensive income (and other reserves) 3.113.857 c
4 Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock 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 -
Common Equity Tier 1 Capital: Regulatory Adjustments
7. Prudential valuation adjustments 31.993.817
8. Goodwill (net of related tax liability) -
9. Other intangibles other than mortgage-servicing rights (net of related tax liability) (7.128) d
10. Deferred tax assets that rely on future profitability excluding those arising from (341.512) e
temporary differences (net of related tax liability)
11. Cash-flow hedge reserve N/A
12. Shortfall on provisions to expected losses N/A
13. Securitisation gain on sale (as set out in paragraph 562 of Basel II framework) N/A
14. Gains and losses due to changes in own credit risk on fair valued liabilities -
15. Defined-benefit pension fund net assets -
16. Investments in own shares (if not already netted off paid-in capital on reported balance -
sheet)
17. Reciprocal cross-holdings in common equity N/A
18. Investments in the capital of Banking, financial and insurance entities that are outside 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
that are outside the scope of regulatory consolidation, net of eligible short positions
(amount above 10% threshold)
20. Mortgage servicing rights (amount above 10% threshold) N/A
21. Deferred tax assets arising from temporary differences (amount above 10% threshold, -
net of related tax liability)
22. Amount exceeding the 15% threshold N/A
24. • Mortgage servicing rights
25. • Deferred tax assets arising from temporary differences N/A
26. National specific regulatory adjustments N/A
26a. • Difference between allowance for possible losses and allowance for impairment
losses on earning assets
26b. • Allowance for losses on non productive assets required to be provided -
26c. • Deferred tax asset (438.160)
26d. • Investments in shares of stock (324.579) f
26e. • Shortage of capital on insurance subsidiary company - g
26f. • Securitisation Exposure -
26g. • 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 -
29. Common Equity Tier 1 capital (CET1) (1.111.379)
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Reference from
Amount Consolidated
No. Component (in million Statements of
Rupiah) Financial Position
1)
Additional Tier 1 Capital: Instruments
30. Directly issued qualifying Additional Tier 1 instruments plus related stock surplus 30.882.438
31 • Classified as equity under applicable accounting standards -
32 • Classified as liabilities under applicable accounting standards -
33. Directly issued capital instruments subject to phase out from Additional Tier 1 -
34. Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by N/A
subsidiaries and held by third parties (amount allowed in group AT1)
35. • Instruments issued by subsidiaries subject to phase out -
36. Additional Tier 1 capital before regulatory adjustments N/A
Additional Tier 1 Capital: Regulatory Adjustments
37. Investments in own Additional Tier 1 instruments 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
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 N/A
are outside the scope of regulatory consolidation (net of eligible short positions)
41. National specific regulatory adjustments
41.a. • Investments in Instruments issued by the other bank that meet the criteria for -
inclusion in additional Tier 1
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)
45. Tier 1 capital (T1 = CET 1 + AT 1) 30.882.438
Tier 2 Capital: Instruments And Provisions
46 Directly issued qualifying Tier 2 instruments plus related stock surplus 99.521 h
47 Directly issued capital instruments subject to phase out from Tier 2 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. Instruments issued by subsidiaries subject to phase out -
50 General PPA reserve on earning assets that must be calculated at a maximum amount 1.283.590
of 1.25% of RWA for Credit Risk
51 Tier 2 capital before regulatory adjustments 1.383.111
Tier 2 Capital: Regulatory Adjustments
52 Investments in own Tier 2 instruments N/A
53 Reciprocal cross-holdings in Tier 2 instruments and other TLAC liabilities N/A
54 Investments in capital TLAC liabilities of banks, financial and insurance entities outside N/A
the consolidated scope as per provisions, net of short position allowed, whereby the
Bank does not held more than 10% of the issued share capital; previously, the threshold
value is 5%, however, this no longer met the criteria (for systemic banks).
55 Significant investments in the capital banking, financial and insurance entities that are N/A
outside the scope of regulatory consolidation (net of eligible short positions)
56 National specific regulatory adjustments
56a. • Sinking fund -
56b. • Investments in Instruments issued by the other bank that meet the criteria for -
inclusion in additional tier 2
57 Total regulatory adjustments to Tier 2 capital -
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Reference from
Amount Consolidated
No. Component (in million Statements of
Rupiah) Financial Position
1)
58 Tier 2 capital (T2) 1.383.111
59 Total capital (TC = T1 + T2) 32.265.549
60 Total risk weighted assets 118.139.502
Capital Ratios And Buffers
61 Common Equity Tier 1 (as a percentage of risk weighted assets) 26,14%
62 Tier 1 (as a percentage of risk weighted assets) 26,14%
63 Total capital (as a percentage of risk weighted assets) 27,31%
64 Institution specific buffer requirement (minimum CET1 requirement plus capital 3,500%
conservation buffer plus countercyclical buffer requirements plus G-SIB buffer
requirement, expressed as a percentage of risk weighted assets)
65 • capital conservation buffer requirement 2,500%
66 • Bank specific countercyclical buffer requirement 0,000%
67 • higher loss absorbency requirement 1,000%
68 Common Equity Tier 1 available to meet buffers
• as a percentage of risk weighted assets 17,32%
National Minimal (If Different From Basel 3)
69 National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) N/A
70 National Tier 1 minimum ratio (if different from Basel 3 minimum) N/A
71 National total capital minimum ratio (if different from Basel 3 minimum) N/A
Amounts Below The Thresholds For Deduction (Before Risk Weighting)
72 Non-significant investments in the capital and other TLAC liabilities of other financial N/A
entities
73 Significant investments in the common stock of financial entities N/A
74 Mortgage servicing rights (net of related tax liability) N/A
75 Deferred tax assets arising from temporary differences (net of related tax liability) 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
approach (prior to application of cap)
77 Cap on inclusion of provisions in Tier 2 under standardised approach N/A
78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal 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
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
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and N/A
maturities)
82 Current cap on AT1 instruments subject to phase out arrangements N/A
83 Amount excluded from AT1 due to cap (excess over cap after redemptions and N/A
maturities)
84 Current cap on T2 instruments subject to phase out arrangements N/A
85 Amount excluded from T2 due to cap (excess over cap after redemptions and N/A
maturities)
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H: CAPITAL
Consolidated Statement of Financial Position (CC2)
(in million Rupiah)
Consolidated
Statements of
Financial Position
Consolidated
No. Accounts Under Regulatory Reference No.
Scope
of Consolidation
December 2025
ASSETS
1. Cash
2. Placement to Bank Indonesia
3. Interbank placement
4. Spot and derivative/forward receivables
5. Securities
6. Securities sold under repurchase agreement (repo)
7. Claims on securities bought under reverse repo
8. Acceptance receivables
9. Loans and financing
10. Shariah financing 1)
11. Equity investment g
12. Other financial assets
13. Impairment on financial assets -/-
a. Marketable securities
b. Loans and sharia financing 1)
c. Others
14. Intangible assets
i. Goodwill d
ii. Other intangible assets e
Accumulated amortisation of intangible assets -/-
i. Goodwill d
ii. Other intangible assets e
15. Fixed assets and inventories
Accumulated depreciation of fixed asset and inventories -/-
16. Non-productive assets
a. Abandoned properties
b. Foreclosed collaterals
c. Suspended accounts
d. Inter-branch assets 2)
17. Other assets
Deferred tax assets f
Other assets
TOTAL ASSETS
LIABILITIES AND EQUITY
LIABILITIES
1. Current accounts 44.343.758 -
2. Savings 22.526.785 -
3. Time deposits 49.323.553 -
4. Electronic Money 0 -
5. Liabilities to Bank Indonesia 0 -
6. Liabilities to other banks 9.129.697 -
7. Spot and derivative/forward payable 1.372.308 -
8. Payable on securities sold under repurchase agreements (repo) 7.858.696 -
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03 / F U N C T I O N A L R E V I E W
(in million Rupiah)
Consolidated
Statements of
Financial Position
Consolidated
No. Accounts Under Regulatory Reference No.
Scope
of Consolidation
December 2025
9. Acceptances payable 1.890.224 -
10. Securities issued 4.272.990 - h
11. Borrowings 13.840.155 -
12. Security deposit 41.492 -
13. Inter-branch liabilities ²) 610 -
14. Other liabilities 6.033.882 -
15. Minority interest 630.176 -
TOTAL LIABILITIES 161.264.326 -
EQUITY
16. Paid-in capital
a. Authorised capital -
b. Unpaid capital 12.864.766 -
c. Treasury stock -/- (9.008.858) - a
17. Additional paid-in capital 0 - a
a. Agio -
b. Disagio -/- 6.357.376 - a
c. Donated capital 0 - a
d. Others 0 - a
18. Other comprehensive income (57.313) -
a. Gains - -
b. Losses -/- 2.859.478 - c
19. Reserves 0 - c
a. General reserves -
b. Appropriated reserves 771.182 - c
20. Profit/loss 0 -
a. Previous years -
b. Current year 17.455.695 - b
c. Dividend paid 1.657.366 - b
Total Equity Attributable To Owner (446.385) - b
TOTAL EQUITY 32.453.307 -
TOTAL LIABILITIES AND EQUITY 193.717.633
On the asset side, there was an increase of Rp6,259,845 million in Securities sold under repurchase agreements (repo), and a decrease
of Rp3,009,374 million in Spot and Derivative/Forward Receivables.
While on the liability side, there was an increase of Rp6,080,506 million in Liabilities for securities sold under repurchase agreements
(repo) and a decrease of Rp2,711,176 million in Spot and Derivative/Forward Liabilities of compared to the previous period (Q3 2024).
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I: CAPITAL
Key Features of Capital Instruments (CCA)
Subordinated Long Term
Notes made without a
No Description Filling Guidelines Ordinary Shares Public Offering PT Bank
Maybank Indonesia Tbk
Year 2025
1 Issuer Please fill in the issuer of the PT Bank Maybank PT Bank Maybank
instrument. Indonesia Tbk Indonesia Tbk
2 Identification number (ISIN) Filled in with a unique identification ID1000099302 IDH000075407
number for the issuance of the
instrument (e.g. exchange-listed
number, ISIN, etc.)
3 Applicable law Filled in with the law used, for example: Indonesian law Indonesian law
Indonesian law
3a Means of enabling the The OJK provisions do not adopt the N/A N/A
performance obligations under TLAC.
Section 13 of the TLAC Glossary
to be achieved (for other valid
TLAC instruments governed by
foreign law)
Treatment of instrument based
on the provisions of KPMM
4 At transition time OJK provisions regarding CAR do not N/A N/A
adopt a transition period
5 After transition time Filled with options: CET 1, AT 1, Tier 2, or CET-1 Tier 2
Not Eligible
6 Is the instrument eligible for Filled in with options: Individual; Consolidation and Consolidation and
Individual/ Consolidated or Consolidated; or Consolidated and Individual Individual
Consolidated and Individual Individual.
7 Type of Instrument Please fill in the type of instrument with Subordinated Long Term Notes
options: Ordinary Shares, Preferred Securities
Shares, Subordinated Securities,
Subordinated Loans, Securities, or
other loans.
8 The amount recognised in the Filled in Millions Rupiah 3,855,908 99,518
KPMM calculation
9 Par value of instrument Filled in Millions Rupiah (while for Series A: IDR 900/
nominal shares in full value) share 100,000
Series B: IDR 225/
share
Series D: IDR 22.5/
share
10 Classification in accordance with Filled in with options: Equity; Liabilities Equity Liabilities - Amortised cost
financial accounting standards - Amortised cost; Liabilities - Fair Value
Option; Non-controlling interest.
11 Date of Issuance Filled in: IPO : 21 November 23 August 2023
dd/mm/yyyy 1989
Rights Issue I:
15 February 1994
Rights Issue II:
16 January 1997
Rights Issue III:
6 April 1999
Rights Issue IV: 11 July
2002
Rights Issue V: 2010
Rights Issue VI: 2013
Rights Issue VII: 2014
Rights Issue VIII: 2018
12 No maturity date (perpetual) or Filled with options: Perpetual or With No maturity With Maturity date
with maturity date Maturity
13 Maturity Date For instruments with maturity, fill in the N/A 23 August 2023
maturity date: dd/mm/yyyy.
For perpetual instruments
fill in: No maturity date
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03 / F U N C T I O N A L R E V I E W
Subordinated Long Term
Notes made without a
No Description Filling Guidelines Ordinary Shares Public Offering PT Bank
Maybank Indonesia Tbk
Year 2025
14 Date of call option, amount Filled in with options: Yes; No N/A N/A
being called, and other
requirements of
the call option (if any)
15 Date of call option, amount Please fill in the call option date (dd/ N/A N/A
being called, and other mm/yyyy), other call option terms and
requirements of withdrawal amount (in million rupiah)
the call option (if any)
16 Subsequent call option Filled in if there is a subsequent call N/A N/A
option feature (the number of times
the call option can be exercised).
Coupon/dividend
17 Fixed rate or floating rate Filled with options: Floating Fixed
dividend/coupon - Fixed: if the coupon or dividend
is fixed during the term of the
instrument;
- Floating: if the coupon or dividend
is floating during the term of the
instrument;
- Fixed to floating: if the coupon/
dividend is currently fixed, but may
change to floating in the future; or
- Floating to fixed: if the coupon/
dividend is currently floating, but
may change to fixed in the future.
18 Level of coupon rate or other Fill in with the coupon rate or index N/A 7.900%
index as reference that is the reference of the coupon or
dividend rate.
19 Existence of dividend stopper Filled with options: Yes or No No No
20 Fully discretionary; partial or Whether the Bank has the full or partial Mandatory Mandatory
mandatory right to cancel coupons or dividends,
or cannot cancel coupons/dividends.
Filled with options: Fully discretionary,
Partially Discretionary, or Mandatory.
21 Existence of step-up feature or Filled with options: Yes or No No No
other incentive
22 Non-cumulative or cumulative Filled in with options: Non-cumulative Non-cumulative Non-cumulative
or cumulative
23 Convertible or non-convertible Filled with options: convertible or non- Not convertible Not convertible
convertible
24 If convertible, state the trigger Fill in with the conditions (trigger N/A N/A
point points) when the instrument is
converted, including the point of non-
viability.
25 If convertible, wholly or partially Filled in with an explanation for each N/A N/A
trigger point whether the instrument
will be: (i) definitely converted in full;
(ii) possibly converted in full or in part;
or (iii) definitely converted in part.
26 If convertible, what is the rate of Filled in with an explanation of the N/A N/A
conversion conversion rate of the instrument.
27 If convertible; mandatory or Filled with options: Mandatory, N/A N/A
optional Optional, or N/A
28 If convertible, state the Filled with options: CET 1, AT 1, Tier 2, or N/A N/A
instrument of conversion N/A
29 If convertible, state the issuer of Filled in with an explanation of the N/A N/A
instrument it converts into issuer of the instrument it converts into
30 Write-down feature Filled with options: Yes or No No Yes
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Subordinated Long Term
Notes made without a
No Description Filling Guidelines Ordinary Shares Public Offering PT Bank
Maybank Indonesia Tbk
Year 2025
31 In the event of write-down, state Filled with an explanation of the N/A In the event that the OJK
the trigger conditions or trigger points of the has determined that the
write-down feature, including the point Company is in a condition
of non-viability. that its business continuity
is disturbed by providing a
written notification to the
Company to perform a
Write Down on
its obligations to
Subordinated Bonds
32 In the event of write-down, state For each trigger point for the write N/A Fully/Partially
the trigger down feature, describe whether the
instrument will be written down: (i)
will always be fully written down; (ii)
may be partially written down; (iii) will
always be partially written down.
33 In the event of write-down; Filled with options: Permanent or N/A Permanent
permanent or temporary Temporary
34 In the event of temporary Filled in with an explanation of the N/A N/A
write-down, state the write-up write-up mechanism.
mechanism
34a Type of subordination Filled with the type of subordination N/A Subordinated Long Term
Notes
35 Hierarchy of instrument at Filled in with an explanation of the This instrument is Rated as pari passu
liquidation hierarchy of instruments at the time of paid-in capital and is without preference
liquidation. subordinated to other among holders of other
capital components. subordinated bonds or
Available to absorb debtors
losses that occur
before liquidation or
during liquidation
36 Existence of non-compliant Filled with options: Yes or No No No
feature
37 If Yes, describe the non- Filled with an explanation of non- N/A N/A
compliant feature compliant features.
J: CAPITAL
Qualitative Analysis
Capital instruments issued by the Bank refer to POJK No. 11/ POJK.03/2016 concerning Minimum Capital Requirement
for Commercial Banks, along with its amendments. In the POJK, there are capital instruments in the form of Main Core
Capital (Tier 1) and Supplementary Capital (Tier 2) along with details on the features of capital instruments.
For Subordinated Bonds (subdebt) in particular, to be recognised as Tier 2 Capital must meet the requirements stated
in Article 19 of the POJK including having a term of 5 years or more and can be repaid after obtaining approval from OJK,
having features to convert into ordinary shares or write down mechanism in the event that a Bank has the potential to
be affected by its business continuity (point of non viability), which is clearly stated in the issuance documentation or
agreement, and other features. Banks must submit an application for approval to the OJK so that the subdebt can be
recognised as supplementary capital. Supplementary Capital can be recognised as a maximum of 100% of the Core
Capital. For the purposes of calculating the Minimum Capital Requirement (“KPMM”) ratio, the above subordinated LTN is
calculated as supplementary capital after the Bank receives a letter of approval from OJK No. S-100/PB.32/2023 dated 6
October 2023.
The Bank always strives to maintain capital according to the Bank’s Internal Capital Target (ICT) and to meet the
minimum capital requirements in accordance with applicable regulations.
Issuance of capital instruments, either through the issuance of ordinary shares through Pre-emptive Rights (HMETD) or
nonHMETD or Subordinated Bonds, refers to the Bank’s capital plan.
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K: RISK MANAGEMENT
Disclosure of Bank Risk Management Approach (OVA)
Risk management is an essential component in decision- A key value of risk management within the Bank is
making to support the Bank’s business strategy. In the implementation of a risk culture by the Bank’s
all aspects of the Bank’s business activities, risk is an employees across all aspects of the Bank’s business
inseparable element, as uncertainty always creates the and organizational activities. This serves as an
potential for losses, whether foreseeable or unforeseeable, important component in strengthening risk governance
that must be taken into consideration. Risk management and establishing risk management principles as the
plays a role in balancing the level of risk the Bank is willing foundation of a robust risk management structure.
to assume in line with its business strategy while at the
same time maintaining sound financial and capital The Bank conducts periodic risk identification through
conditions. various processes, including risk landscape surveys,
new business and new product approval processes,
In implementing effective risk management in its day- forward-looking evaluations and testing (stress testing),
to-day business activities, the Bank adopts 4 (four) main as well as directions from senior management and the
pillars of risk management, namely: Board of Directors in determining business strategies and
a. Active oversight by the Board of Directors, the Board of how these strategies are to be achieved amid various
Commissioners, and the Sharia Supervisory Board challenges and pressures.
b. Adequacy of risk management policies, procedures,
and limit setting The Bank continuously implements 5 (five) main stages of
c. Adequacy of processes for risk identification, the risk management process, namely risk identification,
measurement, monitoring, and control, as well as risk risk measurement, risk control, risk monitoring and
management information systems reporting, as well as monitoring of the Sustainable Finance
d. A comprehensive internal control system Action Plan.
The Bank establishes and implements a risk management The Bank identifies 8 (eight) types of risk in accordance
framework along with its supporting framework with OJK regulations concerning the implementation of
appendices that serve as an overarching reference for all risk management for commercial banks, namely credit
risk management policies and procedures governing the risk, market risk, liquidity risk, operational risk, compliance
implementation of risk management governance within risk, legal risk, reputational risk, and strategic risk. In
the Bank. addition to these eight types of risk, there are 2 (two)
additional risks related to the implementation of risk
management for the Bank’s Sharia Business Unit, namely
rate of return risk and investment risk. In implementing
integrated risk management for the Maybank Indonesia
financial conglomeration, 2 (two) additional risks are also
identified and managed, namely intra-group transaction
risk and insurance risk. In addition, the Bank also monitors
country risk and transfer risk.
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L.1: LEVERAGE RATIO
Report of Total Exposure in Leverage Ratio
Name of Bank: PT Bank Maybank Indonesia Tbk
Report Position : December 2025
(in million Rupiah)
No Description Individual Consolidated
1 Total assets in the statement of financial position of the published financial statements 181,884,496 197,131,503
(gross value before allowance for impairment losses/CKPN)
2 Adjustments for the value of equity participation in banks, financial institutions, - -
insurance companies, and/ or other entities, which must be consolidated in accordance
with financial accounting standards, but is outside the scope of consolidation based on
the provisions of the Financial Services Authority.
3 Adjustments for the value of the underlying financial assets portfolio that have been - -
transferred in asset securitisation that meet the sell- out requirements as stipulated in
the Financial Services Authority Regulation concerning the prudential principle in asset
securitisation activities for commercial banks.
In the event that the underlying financial asset has been deducted from the total assets
in the statement of financial position, the number on this line is 0 (zero).
4 Adjustments for the temporary exemption from placement of demand deposits with - -
Bank Indonesia in order to comply with the statutory reserve requirement (if any).
5 Adjustments for fiduciary assets that are recognised as a component of the statement - -
of financial position based on financial accounting standards but are excluded from the
calculation of total exposure in the Leverage Ratio.
6 Adjustments for the value of the regular purchase or sale of financial assets using the - -
trading date accounting method
7 Adjustments for the value of cash pooling transaction that meet the requirements - -
stipulated in the
Financial Services Authority Regulation
8 Adjustments for the value of derivative transaction exposure 3,098,182 3,098,182
9 Adjustments for the value of SFT exposure, such as reverse repo transactions 632,841 632,841
10 Adjustments for the value of TRA exposure that has been multiplied by the FKK 9,547,600 9,547,600
11 Adjustments for prudential assessment in the form of capital deduction factor and CKPN (4,230,546) (4,087,089)
12 Other adjustments - -
13 Total exposure in the calculation of Leverage Ratio 190,932,573 206,323,037
Qualitative Analysis
Individual
There was an increase of total exposure in the calculation of Leverage Ratio due to the increase in total assets compared to the
previous period, by Rp5,715,359 million
Consolidated
There was an increase of total exposure in the calculation of Leverage Ratio due to the increase in total assets compared to the
previous period, by Rp4,525,176 million
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 329
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03 / F U N C T I O N A L R E V I E W
L.2: LEVERAGE RATIO
Report of Leverage Calculation
Name of Bank: PT Bank Maybank Indonesia Tbk
Report Position : December 2025
No Description
On-Balance Sheet Exposure
1 On-balance sheet exposure including collateral, but excluding derivatives and securities financing transaction (SFTs)
(gross value before deducting impairment provisions)
2 Gross-up for derivatives collateral provided where deducted from balance sheet assets pursuant to the accounting standard.
3 (Deductions of receivable assets for CVM provided in derivatives transactions)
4 (Adjustment for securities received under securities financing transactions that are recognised as an asset)
5 (Impairment provision those assets inline with accounting standard applied)
6 (Asset amounts deducted in determining Basel III Tier 1 capital and regulatory adjustments)
7 Total On-Balance Sheet Exposure
Sum of rows 1 to 6
Derivative Exposure
8 Replacement cost associated with all derivatives transactions (where applicable net of eligible cash variation margin and/or
with bilateral netting)
9 Add on amounts for PFE associated with all derivatives transactions.
10 (Exempted central counterparty (CCP) leg of client-cleared trade exposures)
11 Adjusted effective notional amount of written credit derivatives.
12 (Adjusted effective notional offsets and add-on deductions for written credit derivatives)
13 Total Derivative Exposure
Sum of rows 8 to 12
Securities Financing Transaction (SFT) Exposure
14 Gross SFT Assets.
15 (Netted amounts of cash payables and cash receivables of gross SFT assets)
16 Counterparty credit risk exposure for SFT assets refers to current exposure calculation.
17 Agent transaction exposures.
18 Total SFT Exposure
Sum of rows 14 to 17
Other Off-Balance Sheet Exposure
19 Off-balance sheet exposure at gross notional amount.
(gross value before deducting impairment provision)
20 (Adjustment from the result of multiplying commitment payable or contingent payables with credit conversion factor and
deducted with impairment provision)
21 (Impairment provision for off balance sheet inline with accounting standard)
22 Total Other Off-Balance Sheet Exposure
Sum of rows 19 to 21
Capital and Total Exposure
23 Tier 1 Capital
24 Total Exposure
Sum of rows 7,13,18,22
Leverage Ratio
25 Leverage ratio (including the impact of any applicable temporary exemption of central bank reserves)
25a Leverage ratio (excluding the impact of any applicable temporary exemption of central bank reserves)
26 National Minimum Leverage Ratio Requirement
27 Applicable Leverage Buffer
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(in million Rupiah)
Individual Consolidated
31 December 2025 30 September 2025 31 December 2025 30 September 2025
171,659,962 182,511,527 186,906,969 196,568,351
- - - -
(413,207) (441,623) (413,207) (441,623)
- - - -
(3,073,005) (3,388,813) (3,413,870) (3,699,193)
(1,157,541) (1,193,486) (673,219) (710,730)
167,016,209 177,487,605 182,406,673 191,716,805
1,689,086 1,840,133 1,689,086 1,840,133
3,535,130 3,256,814 3,535,130 3,256,814
N/A N/A N/A N/A
- - - -
- - - -
5,224,216 5,096,947 5,224,216 5,096,947
8,511,705 3,192,943 8,511,705 3,192,943
- - - -
632,843 259,450 632,843,00 259,450
- - - -
9,144,548 3,452,393 9,144,548 3,452,393
48,945,901 53,142,150 48,945,901 53,142,150
(39,285,407) (44,414,321) (39,285,407) (44,414,321)
(112,894) (119,703) (112,894) (119,703)
9,547,600 8,608,126 9,547,600 8,608,126
25,325,724 24,709,917 30,882,115 30,111,954
190,932,573 194,645,071 206,323,037 208,874,271
13,26% 12,69% 14,97% 14,42%
13,26% 12,69% 14,97% 14,42%
3,00% 3,00% 3,00% 3,00%
N/A N/A N/A N/A
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Name of Bank: PT Bank Maybank Indonesia Tbk
Report Position : December 2025
No Description
Disclosures of Mean Values
28 Mean value of gross SFT assets, after adjustment for sale accounting transactions and netted of amounts
of associated cash payables and cash receivables.
29 Quarter-end value of gross SFT assets, after adjustment for sale accounting transactions and netted of amounts
of associated cash payables and cash receivables.
30 Total exposures (including the impact of any applicable temporary exemption of central bank reserves)
incorporating mean values from row 28 of gross SFT assets.
30a Total exposures (excluding the impact of any applicable temporary exemption of central bank reserves)
incorporating mean values from row 28 of gross SFT asset.
31 Leverage ratio (including the impact of any applicable temporary exemption of central bank reserves)
incorporating mean values from row 28 of gross SFT assets.
31a Leverage ratio (excluding the impact of any applicable temporary exemption of central bank reserves)
incorporating mean values from row 28 of gross SFT assets.
Qualitative Analysis
Individual
Fulfillment of the Leverage Ratio as of 31 December 2025 is 13.26%, still above the stipulated provisions of 3%. The largest component
of core capital was obtained from agio amounting to Rp6,357,376 million and past years’ profit amounting to Rp12,291,502 million.
The largest total exposure comes from loans disbursement amounting to Rp113,652,175 million and marketable securities portfolio
amounting to Rp35,880,642 million.
Consolidated
Fulfillment of the Leverage Ratio as of 31 December 2024 is 14.97%, still above the stipulated provisions of 3%. The largest component
of core capital was obtained from agio amounting to Rp6,357,376 million and past years’ profit amounting to Rp17,009,310 million.
The largest total exposure comes from loans disbursement amounting to Rp123,637,221 million and marketable securities portfolio
amounting to Rp35,809,886 million.
W: CREDIT RISK
Qualitative Disclosure of Counterparty Credit Risk (CCRA)
Qualitative CCRA:
The Bank applies the Standardized Approach in calculating the net exposure of Derivative Transactions for the
calculation of Risk-Weighted Assets (RWA) for Credit Risk, in accordance with Otoritas Jasa Keuangan Circular Letter
No. 48/SEOJK.03/2017.The calculation of RWA for Credit Risk arising from counterparty default (Counterparty Credit Risk)
using the Standardized Approach for Derivative Transactions covers exposures in both the Banking Book and the Trading
Book.
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(in million Rupiah)
Individual Consolidated
31 December 2025 30 September 2025 31 December 2025 30 September 2025
459,649 499,564 459,649 499,564
8,511,705 3,192,943 8,511,705 3,192,943
182,880,517 191,951,692 198,270,981 206,180,892
182,880,517 191,951,692 198,270,981 206,180,892
13,85% 12,87% 15,58% 14,60%
13,85% 12,87% 15,58% 14,60%
X: CREDIT RISK
Counterpary Credit Risk Exposure Analysis (CCR1)
(in million Rupiah)
31 December 2025 31 December 2024
a b c d e f a b c d e f
Potential Alpha used Potential Alpha used
Replacement Future to calculate Net Replacement Future to calculate Net
EEPE RWA EEPE RWA
Cost (RC) Exposure regulatory Receivables Cost (RC) Exposure regulatory Receivables
(PFE) EAD (PFE) EAD
1 SA-CCR (for 1,206,490 2,525,093 1.4 5,224,216 2,531,607 937,912 1,734,559 1.4 3,741,459 2,086,450
derivative)
2 Internal Model N/A N/A N/A N/A
Method (for
derivative and
SFTs)
3 Simple N/A N/A N/A N/A
approach
for credit risk
mitigation (for
SFTs)
4 Comprehensive 0 0 0 0
approach
for credit risk
mitigation (for
SFTs)
5 VaR for SFTs N/A N/A N/A N/A
6 TOTAL 2,531,607 2,086,450
Analisis Kualitatif
In accordance with OJK Circular Letter No. 48/SEOJK.03/2017, the calculation of Risk-Weighted Assets (RWA) for Credit Risk arising from counterparty
default (Counterparty Credit Risk) is conducted using the Standardized Approach for Derivative Transactions.
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Z: CREDIT RISK
CCR Exposure based on Portfolio Category and Risk Weighting (CCR3)
31 December 2024
Weighted Risk a b c d e f g h i j k
No.
Total Net
Portfolio Category 0% 10% 20% 30% 40% 50% 75% 85% 100% 150%
receivables
1 Receivables on 410,648 0 0 0 0 0 0 0 0 0 410,648
sovereigns
a. Receivables 410,648 0 0 0 0 0 0 0 0 0 410,648
on sovereigns
Indonesia
b. The 0 0 0 0 0 0 0 0 0 0 0
Government of
other soverigns
2 Receivables on 0 0 0 0 0 101,667 0 0 0 0 101,667
public sector
entities
3 Receivables 0 0 0 0 0 0 0 0 0 0 0
on multilateral
development
banks and
international
institutions
4 Receivables on 0 0 440,561 112,579 363,784 4,364 4,042 0 160 0 925,490
banks
a. Short Term 0 0 132,518 0 0 2,123 0 0 0 0 134,641
Receivables
b. Long Term 0 0 308,043 112,579 363,784 2,241 4,042 0 160 0 790,849
Receivables
5 Receivables 0 0 328,527 0 0 3,336 0 0 0 0 331,863
to Securities
Companies
and Other
Financial Services
Institutions
a. Short Term 0 0 0 0 0 3,336 0 0 0 0 3,336
Receivables
b. Long Term 0 0 328,527 0 0 0 0 0 0 0 328,527
Receivables
6 Receivables on 0 0 0 0 0 0 7,108 0 13,192 0 20,300
micro, small
business & retail
portfolio
7 Receivables on 0 0 1,052,449 0 0 937,293 0 10,260 1,434,247 0 3,434,249
corporate
TOTAL 410,648 0 1,821,537 112,579 363,784 1,046,660 11,150 10,260 1,447,599 0 5,224,216
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(in million Rupiah)
31 December 2023
a b c d e f g h i j k
Total Net
0% 10% 20% 30% 40% 50% 75% 85% 100% 150%
receivables
272,808 0 0 0 0 0 0 0 0 0 272,808
272,808 0 0 0 0 0 0 0 0 0 272,808
0 0 0 0 0 0 0 0 0 0 0
0 0 3,315 0 0 0 0 0 0 0 3,315
0 0 0 0 0 0 0 0 0 0 0
0 0 250,721 44,854 335,545 2,393 0 0 0 0 633,513
0 0 81,088 0 0 2,393 0 0 0 0 83,481
0 0 169,633 44,854 335,545 0 0 0 0 0 550,032
0 0 351,433 0 0 18 31,578 0 0 0 383,029
0 0 0 0 0 18 0 0 0 0 18
0 0 351,433 0 0 0 31,578 0 0 0 383,011
0 0 0 0 0 0 19,416 3 29,062 0 48,481
0 0 732,911 0 0 125,358 0 14,259 1,527,786 0 2,400,314
272,808 0 1,338,380 44,854 335,545 127,769 50,994 14,262 1,556,848 0 3,741,459
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AA: CREDIT RISK
Net Receivables Credit (CCR6)
(in million Rupiah)
31 December 2025 31 December 2024
a b a b
No. Description
Protection Protection Protection Protection
Bought Sold Bought Sold
NOTIONAL VALUES
1 Forward 1,683,755 3,304,299 3,811,724 3,477,817
2 Swap 70,872,507 49,161,166 47,736,754 45,305,038
2 Future 0 0 0 0
4 Option 2,595,681 2,595,681 1,511,352 1,511,352
5 Spot 1,034,150 209,336 781,750 811,524
TOTAL NOTIONAL VALUES 76,186,093 55,270,482 53,841,580 51,105,731
FAIR VALUES
1 Fair values positive 1,515,119 197,708 1,176,590 207,935
2 Fair values negative 263,730 1,107,738 261,778 1,097,668
TOTAL FAIR VALUES 1,778,849 1,305,446 1,438,368 1,305,603
Qualitative Analysis
The largest change in notional value was the decline in protection sold and protection purchased on futures transactions, and the
decline in notional value of protection sold on spot transactions. In positive fair value (assets) there was an increase in protection
purchased
BB: CREDIT RISK
Qualitative Disclosure of Securitisation Exposures (SECA)
Qualitative Analysis
NIL (-)
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CC: CREDIT RISK
Securitisation Exposure Components in the Banking Book (Tabel SEC1)
a b c e f g i j k
Bank as Originator Bank as Sponsor Bank as Investor
Traditional Synthetis Subtotal Traditional Synthetis Subtotal Traditional Synthetis Subtotal
1 Retail (total): (-) (-) (-) (-) (-) (-) (-) (-) (-)
a. Mortgage loan
b. Credit card
c. Others retail
exposure
d. Re-securitisation
2 Wholesale (total): (-) (-) (-) (-) (-) (-) (-) (-) (-)
a. Corporate Loan
b. Commercial Loan
c. Rent and Account
Receivable
d. Other Wholesale
e. Re-securitisation
Qualitative Analysis
NIL
DD: CREDIT RISK
Securitisation Exposure Components in the Trading Book (Table SEC2)
a b c e f g i j k
Bank as Originator Bank as Sponsor Bank as Investor
Traditional Synthetis Subtotal Traditional Synthetis Subtotal Traditional Synthetis Subtotal
1 Retail (total): (-) (-) (-) (-) (-) (-) (-) (-) (-)
a. Mortgage loan
b. Credit card
c. Others retail
exposure
d. Re-securitisation
2 Wholesale (total): (-) (-) (-) (-) (-) (-) (-) (-) (-)
a. Corporate Loan
b. Commercial Loan
c. Rent and Account
Receivable
d. Other Wholesale
e. Re-securitisation
Qualitative Analysis
NIL
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EE: CREDIT RISK
Securitisation exposure in the banking book and related to it’s Capital Requirements -
Bank acting as Originator or Sponsor (SEC3)
a b c d e f g h i
Exposure Value Exposure Values
(by Risk Weighting) (by Regulatory Approach)
>20% to >50% to >100% to
≤20% 1,250%
50% 100% <1,250%
Weighted Weighted IRB RBA IRB SFA SA/SSFA 1,250%
Weighted Weighted Weighted
Risk Risk
Risk Risk Risk
Total Exposure (-) (-) (-) (-) (-) (-) (-) (-) (-)
1 Traditional Securitisation
a. Where underlying
securitisation
(1) Retail
(2) Non Retail
b. Where re-
securitisation
(1) Senior
(2) Non-senior
2 Synthesis Securitisation
a. Where the underlying
securitisation
(1) Retail
(2) Non Retail
b. Where re-
securitisation
(1) Senior
(2) Non-senior
Qualitative Analysis
NIL
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j k l m n o p q
ATMR
Capital Charge after Cap
(by Regulatory Approach)
IRB RBA IRB SFA SA/SSFA 1,250% IRB RBA IRB SFA SA/SSFA 1,250%
(-) (-) (-) (-) (-) (-) (-) (-)
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FF: CREDIT RISK
Securitisation Exposure in the banking book and its capital requirements -
Bank acting as Investor (SEC4)
a b c d e f g h i
Exposure Value Exposure Values
(by Risk Weighting) (by Regulatory Approach)
>20% to >50% to >100% to
≤20% 1,250%
50% 100% <1,250%
Weighted Weighted IRB RBA IRB SFA SA/SSFA 1,250%
Weighted Weighted Weighted
Risk Risk
Risk Risk Risk
Total Exposure (-) (-) (-) (-) (-) (-) (-) (-) (-)
1 Traditional Securitisation
a. Where underlying
securitisation
(1) Retail
(2) Non Retail
b. Where re-
securitisation
(1) Senior
(2) Non-senior
2 Synthesis Securitisation
a. Where the underlying
securitisation
(1) Retail
(2) Non Retail
b. Where re-
securitisation
(1) Senior
(2) Non-senior
Qualitative Analysis
NIL
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j k l m n o p q
ATMR
Capital Charge after Cap
(by Regulatory Approach)
IRB RBA IRB SFA SA/SSFA 1,250% IRB RBA IRB SFA SA/SSFA 1,250%
(-) (-) (-) (-) (-) (-) (-) (-)
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CRA: MARKET RISK
General Qualitative Disclosure of Credit Risk
RISK MANAGEMENT IMPLEMENTATION REPORT g. Remapping the Financial Supply Chain
Management (FSCM) as part of the Transaction
FOR CREDIT RISK
Banking ecosystem to provide integrated financing
Credit risk is the risk of loss arising from a counterparty’s
solutions to customers (end-to-end ecosystem
failure to fulfill its obligations to the Bank under the agreed
financing).
credit facility terms. Credit risk includes credit risk due
h. Actively assisting customers in transitioning to
to debtor default, credit risk due to the concentration
sustainable financing practices as part of the
of funds (Credit Concentration Risk), credit risk due to
Bank’s ESG roadmap.
counterparty failure (counterparty credit risk), credit risk
i. Starting to take a leading role in syndicated
due to settlement failure (settlement risk), and credit risk
financing by maximizing services, including agency
due to country risk.
services, as a facility agent, securities agent, and
Business Model escrow agent.
The Bank’s credit growth is focused on sectors deemed
attractive, in accordance with the established risk posture, 2. Lending Strategy in CFS Banking
including sectors that support national economic growth. a. Growth in the Non-Retail Segment:
It is expected that the Global Banking and CFS Banking i. Business Banking (BB): Focus on winning
segments will contribute significantly to growth in 2025. industries, branch pipeline growth, referrals,
The Bank’s credit growth strategy for 2025 is as follows: trade financing, and increased customer
1. Lending Strategy in Global Banking retention.
a. Increasing the profitability of the Global Banking ii. SME+: Focus on increasing NTB acquisition and
segment’s credit portfolio, primarily through branch referrals.
realigning target segmentation and focusing on b. Continuing the growth momentum of the Retail
solutions to customer needs and increasing the Segment.
customer base. i. RSME: Business development by leveraging
b. Focusing on sectors with higher profitability and the branch network and digital banking,
generating significant business flow for the Bank, continuously strengthening underwriting
as well as building frontline capabilities in the field standards based on lessons learned from
of “industry expertise.” newly delinquent accounts, and increasing
a) Large Corporation (LLC) Segment: Property, customer retention.
Gold and Nickel Mining, and Renewable Energy ii. Mortgage: Strengthening relationships with
(green energy). housing developers and property agents and
b) State-Owned Enterprise (SOE) Segment: sharpening the Unique Value Proposition (UVP)
Maintaining the existing portfolio. for segments with larger ticket sizes.
c) FIG Segment: Focusing on large multifinance iii. Auto: Aggressive growth in vehicle loans,
companies, securities companies, and fintech including subsidiaries with growing assets in
companies. new segments such as Electric Vehicles (using
c. Focusing on obligor groups to accelerate more conservative underwriting standards).
penetration of strategic customers. iv. Card: Driving increased acquisition through
d. Offering interest rate swap products or refinancing branch referrals, digital banking, and co-
term loans with floating interest rates to fixed branding to enhance the portfolio in the Credit
interest rates. Card segment.
e. Accelerating the credit approval process by v. Personal Loan (PITA): Business development
empowering and enhancing the capabilities of focused on existing customers Maybank
front-line personnel to conduct more in-depth leverages data analytics to generate quality
credit analysis and expanding the credit approval leads.
committee’s schedule, focusing on strengthening
the account planning process to identify customer
needs.
f. Collaborating with Transaction Banking, Global
Market, and the Shariah Unit to provide and
offer “Synthetic Financing” to customers at more
competitive pricing.
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The non-retail segment encompasses loans sourced Adequacy of Risk Management Policies,
from diverse and complex target markets, requiring more
Procedures, and Limits
in-depth risk analysis, determination of facility structures,
Effective risk management implementation must be
and the establishment of appropriate covenants. Debtors
supported by a framework that includes clearly defined
in this segment generally come from corporations/
risk management policies and procedures, as well
commercial institutions, financial institutions (FIs)/non-
as risk limits, aligned with the bank’s vision, mission,
bank financial institutions (NBFIs), and sovereigns.
and business strategy. The development of these risk
management policies and procedures takes into account,
The credit process in this segment begins with a target
among other things, the type and complexity of business
market analysis based on industry studies, taking into
activities, the risk profile, and level of risk to be taken (risk
account industry limits to manage credit concentration
appetite), as well as regulations established by authorities
risk within each industry group, and also serving as a
and/or sound banking practices. Furthermore, the
control mechanism to ensure funding is provided in
implementation of the bank’s risk management policies
accordance with the established target market. Credit
and procedures must be supported by adequate capital
initiation is then carried out, followed by a credit analysis
and the quality of its human resources. Risk Appetite
process that includes quantitative and qualitative
Statements (RAS) describe a comprehensive risk appetite
analysis, as well as collateral analysis. This is then followed
for all material risks inherent in the Bank’s activities. Risk
by a review process and decision-making process based
Appetite Statements (RAS) translate risk appetite into risk
on the four-eyes principle, involving both the business and
limits and controls to manage risk exposures arising from
review functions. Continuous account management is
the Bank’s business activities.
carried out through regular monitoring and review using
various supporting tools, enabling prompt follow-up on
Regarding credit risk limits, the Bank has a Credit
these accounts.
Committee responsible for, among other things:
1. Evaluating and making decisions on loan proposals.
Meanwhile, the retail credit process is systematized,
2. Coordinating with the Asset & Liability Committee on
relying on data from the Credit Bureau, SLIK, and the
credit funding aspects.
Scoring Model, as well as risk cut-offs established based
3. Reviewing limits, internal ratings, and other matters
on Portfolio Analytics results. The credit process is geared
related to the Bank’s assets.
toward automation and is increasingly moving toward
digitalization to reduce manual judgment and the
Credit Risk Management Structure and Organization
potential for human error. This is due to the mass-market
In terms of credit risk management, the Bank has a credit
and population-segmentation assessment nature of
policy architecture that can be used as a guideline for
Retail Credit Risk Supervision.
standardizing policies, provisions, and procedures at each
stage of the credit process, as follows:
Therefore, in managing retail credit risk, the Bank
continues to focus on developing data science
Kerangka Kerja Risiko Kredit
capabilities, which we have been working on. This aims (KKRK)
to further sharpen the development of the Retail Credit
Risk Supervision process, which includes the following
elements: Tingkat 2A
Kebijakan Perkreditan/Pembiayaan per Segmen
a. Population and Segmentation Movement Analytics. Bisnis
This method is used for in-depth analysis of the quality
movements of each product and behavioral profiling Tingkat 2B
of population segments. Credit Underwriting Standard (CUS) & Product
Development Assessment (PDA)
b. Continue model assessment to determine whether
the current model is still applicable or requires
Tingkat 3
recalibration or model redevelopment. Prosedur Perkreditan
c. Product assessment against the target market,
d. Effort for digitalization with AI modeling as a future
goal, 1. Credit Risk Framework (KKRK) – is the main/umbrella
e. Improvement in customer experience without policy for credit that regulates general policies that
sacrificing the defined risk appetite. must be implemented bankwide and serves as the
foundation for subordinate policies.
2. Credit/Financing Policy per Business, CUS & PDA
Segment – is a credit policy that regulates Business
Segmentation/Cross-Work Unit/Product Programs and
is derived from the Credit Risk Framework (KKRK).
3. Credit Procedures – are implementation instructions
containing detailed written guidelines, including but
not limited to, credit operations, product program
transactions, and control activities within each credit-
related Work Unit function.
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Credit Risk Management, Risk Control, The Credit Risk Management Unit conducts an
Compliance, and Internal Audit Functions. independent evaluation of each credit proposal
Credit risk can arise from various banking functions, such submitted by a specific number of Business Units, both per
as loan disbursements to debtors/customers, treasury debtor and per debtor group, to ensure all risks have been
and investment activities, and trade financing. identified and mitigated. During this evaluation stage, the
To mitigate the potentially significant impact, the Bank Risk Management Unit also uses industry-specific Risk
must manage credit risk effectively at the debtor and Acceptance Criteria (RAC) as an initial screening step in
portfolio levels across all its functional activities. In the credit-granting process. This includes an assessment
addition to the daily account monitoring carried out of Environmental, Social, and Governance (ESG) aspects.
by the Business Units, the Risk Management Work Unit The Credit Risk Management Unit then provides
also manages credit risk separately, both functionally recommendations on the proposal’s feasibility and, if
and organizationally, to ensure the integrity of the risk necessary, imposes additional conditions/requirements
assessment process. to mitigate potential credit risks arising from the granting
of the credit. Credit application recommendations are
Through a strong credit culture that includes clear forwarded by the Credit Risk Management Unit to the
credit policies, comprehensive credit evaluations, and Credit Approval Officer.
sound portfolio management, the Bank continuously
evaluates and reviews portfolio credit risk by business Credit applications under a certain amount are handled
unit in conjunction with the risk management unit, directly by the business unit in accordance with the
and management actively monitors it. Furthermore, to delegated authority. The credit approval authority held by
improve credit competency and ensure that credit staff the business unit is periodically reviewed and evaluated
understand applicable credit policies, the Credit Risk against criteria recommended by the Credit Risk
Management Work Unit continuously conducts credit Management Unit, and the results are further discussed
analysis training and outreach on credit policies at the for approval by the authorized committee/official.
head office and branches. In addition to providing recommendations during the
credit application process, the Credit Risk Management
To provide better and more effective services, and Unit also monitors the credit quality of the Bank’s entire
to support healthy business growth and generate non-retail portfolio by identifying early indicators of
sustainable profits while maintaining prudent principles, potential credit quality declines driven by changes in
the Credit Risk Management Unit collaborates with market conditions, industry outlook, macroeconomic
Business Units to refine credit/financing policies to ensure factors, and regulations.
better credit risk management, evaluate credit approval
authority limits, and ensure that credit underwriting, The Credit Risk Management Unit also ensures that the
evaluation, and credit risk mitigation processes are Business Unit periodically monitors the suitability of credit
implemented in accordance with these credit policies. classifications to the borrower’s condition through the
An Embedded Risk Unit (ERU) has also been established Early Alert Mechanism (EAM). This is a method for early
within the Business Unit to strengthen day-to-day risk detection of customer conditions through a series of
management by effectively implementing and ensuring questions called an early alert checklist that must be
compliance with risk management frameworks, policies, assessed by the Business Unit during business visits.
procedures, and controls.
The results of these business visits are compiled through
An effective credit approval process has enabled a web-based platform (Call Report system) and can
optimal credit decision-making. In addition to the Credit be processed and followed up by both the Business Unit
Committee, the Bank also establishes a Joint Authority and the Credit Risk Management Unit to monitor any
Limit (JAL) as a delegated authority. indications of deterioration in the customer’s credit quality
and propose corrective measures.
Monitoring is also carried out through a past-
due monitoring mechanism, which allows debtors
experiencing delays in paying their obligations to be
followed up on as soon as possible. Furthermore, to
improve the credit quality monitoring process, the
Credit Risk Management Unit has established an Asset
Quality Committee, whose function is to discuss account
conditions and determine action plans to mitigate
credit risk. To optimize the risk control process, the Credit
Risk Management Unit regularly reviews, develops, and
improves the systems and tools used for risk monitoring
annually. To optimize the evaluation, monitoring, and
control of credit risk, a web-based platform called the
Monitoring and Tracking System (MTREX) has been
developed.
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Credit risk management for the retail segment is also In addition, the Bank develops and monitors collateral
carried out through the Loan Origination System (LOS) for or margin determination for derivative transactions to
each product, where the parameters and criteria for each mitigate CCR risk.
product are implemented within a system managed and
regulated by the risk management unit. Furthermore, from a compliance perspective, the
Compliance Unit continuously reviews, advises, and
In addition, the Bank specifically manages counterparty ensures that all Bank policies and procedures meet
credit risk (CCR), which is the credit risk exposure from applicable regulatory requirements.
transactions in the Global Market (Treasury) with other
parties, both related to pre-settlement risk (PSR) and/or The Compliance Unit routinely conducts Compliance Plan
credit risk due to settlement failure (settlement risk). Self-Assessments (CPSA) every six months to measure
the level of compliance of all Branch Office work units
The principles of CCR management begin with the and conducts compliance testing at Branch Offices/Work
establishment of effective governance, such as the Units.
availability of policies and detailed descriptions of the
duties, responsibilities, and authorities of all stakeholders The internal control system for implementing risk
(committees, risk-taking units, risk management units, management includes:
and other involved units, including the Internal Audit Unit/ a. Alignment between the internal control system and
SKAI), supported by robust risk management processes, the types and levels of risks inherent in the bank’s
including risk identification and measurement through business activities.
the establishment of PSR factors and limits, as well as b. Determination of authority and responsibility for
monitoring and reporting of these risk exposures. monitoring compliance with policies, procedures, and
limits.
PSR is the risk that a counterparty will default before c. Establishment of reporting lines and clear separation
settlement, thereby terminating the contract prematurely. of functions from operational work units to work units
PSR can create the risk of replacement costs, which are performing control functions.
the potential costs to replace a previous transaction, d. An organizational structure that clearly describes the
arising from market price fluctuations and generally duties and responsibilities of each unit and individual.
representing a certain percentage of the transaction e. Business units are required to submit reports or
amount. information regarding the risk exposures managed
by their respective units to the Risk Management Unit
PSR factors are calculated based on market price on a regular basis. This includes accurate and timely
movements or volatility (exchange rates, interest rates) financial and operational reporting.
based on historical data from one year ago, using a
certain confidence level, and are determined for each Another mitigation measure involves the Internal Audit
financial product or instrument, currency, and transaction Unit (SKAI), which provides reasonable assurance through
term. The PSR for this factor will be reviewed periodically or independent assessment, review, and validation.
if there are significant changes or movements in market
prices. Information on Credit Risk Exposure Reporting
and the Credit Risk Management Function is
Settlement Risk is the risk of failure to deliver cash and/ reported to the Board of Directors and the Board of
or financial instruments on the agreed settlement date Commissioners.
for a sale and/or purchase transaction of a financial
This is reported periodically on the agenda of the Risk
instrument, influenced by settlement arrangements such
Management Committee (RMC) or Risk Oversight
as the exchange time, payment mechanism, the role of
Committee (ROC).
the intermediary, and the clearing house.
The risk is calculated as the full payment amount on a
specific settlement date. A daily settlement limit caps
the number of settlements a counterparty can make in a
single day.
Settlement risk is mitigated through transaction
settlement mechanisms such as Good Fund Basis,
Payment versus Payment (PvP), or Delivery versus
Payment (DvP).
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CR1: MARKET RISK
Disclosure of Credit Quality over Asset
1. Bank only
December 2025
Allowance for impairment
Gross Carrying Value Allowance Allowance
losses Net
for for
Receivables
impairment impairment
Past Due Non Past Due Stage 2 & (a+b-d)
losses Stage 1 losses
Receivables Receivables Stage 3
a b c d e f g
1 Credit 2,459,667 106,729,224 3,033,882 2,458,762 575,120 106,730,129
2 Securities 0 31,864,635 983 0 983 31,864,635
3 Other Off-Balance Sheet 19 48,945,883 107,643 14,827 92,816 48,931,075
4 TOTAL 2,459,686 187,539,742 3,142,508 2,473,589 668,919 187,525,839
2. Bank Consolidated with Subsidiaries
December 2024
Allowance for impairment
Gross Carrying Value Allowance
Allowance for losses Net
for
impairment Receivables
impairment
Past Due Non Past Due losses Stage 2 & (a+b-d)
Stage 1 losses
Receivables Receivables Stage 3
a b c d e f g
1 Credit 2,636,578 121,562,314 3,374,333 2,613,457 760,876 121,585,435
2 Securities 0 31,793,583 983 0 983 31,793,583
3 Other Off-Balance Sheet 19 48,945,883 107,643 14,827 92,816 48,931,075
4 TOTAL 2,636,597 202,301,780 3,482,959 2,628,284 854,675 202,310,093
3. Additional Disclosures
The Bank defines matured receivables as receivables where the debtor is unable to meet payments according to
the contract terms, while receivables are impaired when a receivable experiences a significant increase in credit risk,
resulting in objective evidence of impairment, including contractual payment arrears exceeding 90 days, having an
internal default rating, collectability that has become non-performing loans (NPLs), and when restructuring occurs
due to increased credit risk. In accordance with SE OJK No. 24/03/2021, the allowance for impairment loss (CKPN)
taken into account in the calculation of net claims are Stage 2 and Stage 3 CKPN.
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(in million rupiah)
December 2024
Allowance for impairment
Gross Carrying Value Allowance Allowance
losses Net
for for
Receivables
impairment impairment
Past Due Non Past Due Stage 2 & (a+b-d)
losses Stage 1 losses
Receivables Receivables Stage 3
a b c d e f g
3,094,550 111,170,610 3,810,663 2,870,752 939,911 111,394,408
0 25,985,983 1,015 0 1,015 25,985,983
295 51,488,458 138,448 14,819 123,629 51,473,934
3,094,845 188,645,051 3,950,126 2,885,571 1,064,555 188,854,325
(in million rupiah)
December 2023
Allowance for impairment
Gross Carrying Value Allowance Allowance
losses Net
for for
Receivables
impairment impairment
Past Due Non Past Due Stage 2 & (a+b-d)
losses Stage 1 losses
Receivables Receivables Stage 3
a b c d e f g
3,247,984 124,944,708 4,075,248 2,998,601 1,076,647 125,194,091
0 25,860,789 1,015 0 1,015 25,860,789
295 51,488,458 138,448 14,819 123,629 51,473,934
3,248,279 202,293,955 4,214,711 3,013,420 1,201,291 202,528,814
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03 / F U N C T I O N A L R E V I E W
CR2: MARKET RISK
Disclosures of Past Due Credit and Securities Movements
1. Bank only (in million rupiah)
December 2025 December 2024
1 Past Due Credit and Securities in prior reporting 9,492,585 10,006,772
2 Past Due Credit and Securities since prior reporting 115,287 115,827
3 Credit and Securities Restated to Not Past Due Receivables 32,333 24,026
4 Written-Off 7,115,853 7,003,728
5 Other Changes 0 0
6 Past Due Credit and Securities for end of reporting period (1+2-3-4+5) 2,459,686 3,094,845
2. Bank Consolidated with Subsidiaries (in million rupiah)
December 2025 December 2024
1 Past Due Credit and Securities in prior reporting 9,548,798 10,038,487
2 Past Due Credit and Securities since prior reporting 252,836 239,489
3 Credit and Securities Restated to Not Past Due Receivables 49,184 25,969
4 Written-Off 7,115,853 7,003,728
5 Other Changes 0 0
6 Past Due Credit and Securities for end of reporting period (1+2-3-4+5) 2,636,597 3,248,279
3. Additional Disclosure
On a consolidated basis, there was an increase in loans and securities that have matured since the last reporting
period and have returned to being non-matured receivables. However, there was a decrease in loans and securities
that matured in the last reporting period compared to the previous year, on both an individual and consolidated
basis.
The write-off value represents the cumulative outstanding balance in the reporting month. Meanwhile, mutation
data for Subsidiaries is based on the latest reporting data as of the September 2025 quarter.
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CRB (A): MARKET RISK
Additional Qualitative Disclosure related to the quality of credit on Assets
The Bank defines matured receivables as receivables - Collective approach for a portfolio of financial assets
where the debtor is unable to meet payments according that are not individually significant but have similar
to contract terms, while receivables experiencing credit risk characteristics and are homogenous, as
impairment occur when a receivable undergoes a well as individually significant financial assets that do
significant increase in credit risk, resulting in objective not have objective evidence of impairment.
evidence of impairment. This includes contractual - Individual approach for individually significant
payment arrears exceeding 90 days, having an internal financial assets with objective evidence of impairment.
default rating, non-performing collectability, and when
restructuring occurs due to increased credit risk. In calculating using the collective approach, the Bank
groups portfolios of financial assets with similar risk
In calculating CKPN, the Bank adheres to PSAK 71, which characteristics. For most of the financial asset portfolios
is the accounting standard governing the recognition held, the Bank uses leverage from Basel models (PD
and measurement of financial instruments implemented (Probability of Default), LGD (Loss Given Default), EAD
in accordance with the Bank’s internal policies for (Exposure at Default)) adjusted to PSAK 71. PD, LGD, and
measuring, monitoring, and managing its financial assets. EAD are built based on statistical models from historical
The Bank establishes CKPN, which is the expected credit data for each risk group. Statistical methods used include
loss of financial assets for 12 months or their entire life, Cohort, Vintage, and Migration methods.
based on the staging of each financial asset owned, with
an approach that includes:
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CRB (B.1): MARKET RISK
Disclosure of Net Receivables by Region
1 Bank Only
No. Portfolio Category
Region 1 Region 2 Region 3 Region 4
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO
(1) (2) (3) (4) (5) (6)
1 Receivables on Sovereigns 0 0 0 43,161,572
2 Receivables to Public Sector Entities 1,558,640 0 69,356 3,080,547
Receivables to Multilateral Development Banks and International
3 0 0 0 0
Institutions
4 Receivables on Banks 5,062 621,135 15,036 8,578,118
5 Receivables by Covered Bond 0 0 0 0
Receivables to Securities Companies and Other Financial Services
6 53,412 0 0 9,328,353
Institutions
Receivables in the Form of Subordinated Securities, Equity, and Other
7 0 0 0 36,939
Capital Instruments
8 Loans Secured by Residential Property 972,556 637,480 1,601,754 2,226,593
9 Loans Secured by Commercial Property 2,943,635 1,873,817 1,480,760 3,740,056
10 Credit for Land Acquisition, Soil Processing, and Construction 0 0 0 0
11 Employee/Retiree Loans 0 0 0 0
12 Receivables on Micro Business, Small Business, and Retail Portfolio 2,498,011 1,341,687 1,301,411 2,980,341
13 Receivables on Corporates 2,876,923 1,247,798 1,259,343 10,044,115
14 Past Due Receivables 126,795 60,342 158,097 102,450
15 Other Assets 422,687 215,763 313,289 5,014,677
TOTAL 11,457,721 5,998,022 6,199,046 88,293,761
No. Portfolio Category
Region 1 Region 2 Region 3 Region 4
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO
(1) (2) (3) (4) (5) (6)
1 Receivables on Sovereigns 0 0 0 47,330,637
2 Receivables to Public Sector Entities 1,505,795 0 163,951 2,738,195
Receivables to Multilateral Development Banks and International
3 0 0 0 0
Institutions
4 Receivables on Banks 7,081 743,764 173,985 8,501,420
5 Receivables by Covered Bond 0 0 0 0
Receivables to Securities Companies and Other Financial Services
6 34,616 0 0 12,151,444
Institutions
Receivables in the Form of Subordinated Securities, Equity, and Other
7 0 0 0 35,678
Capital Instruments
8 Loans Secured by Residential Property 1,113,223 673,030 1,623,916 2,207,464
9 Loans Secured by Commercial Property 3,169,340 1,541,462 1,450,116 3,474,811
10 Credit for Land Acquisition, Soil Processing, and Construction 0 0 0 0
11 Employee/Retiree Loans 0 0 0 0
12 Receivables on Micro Business, Small Business, and Retail Portfolio 2,450,370 1,224,128 1,142,273 2,683,737
13 Receivables on Corporates 4,325,756 522,038 559,689 11,292,717
14 Past Due Receivables 115,601 75,824 116,684 125,920
15 Other Assets 424,305 243,790 299,704 4,953,819
TOTAL 13,146,087 5,024,036 5,530,318 95,495,842
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31 December 2025
Net Receivable by region
Region 5 Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Jakarta 2 Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(7) (8) (9) (10) (11) (12) (13) (14)
0 0 0 0 0 0 197,890 43,359,462
731,278 0 1,389,112 0 0 2,828,558 0 9,657,491
0 0 0 0 0 0 0 0
0 0 511,324 0 604,115 88,109 189,594 10,612,493
0 0 0 0 0 0 0 0
452,504 0 0 0 0 50,000 0 9,884,269
0 0 0 0 0 0 0 36,939
2,073,573 1,120,342 2,399,521 526,638 811,136 7,696,159 0 20,065,752
2,149,872 2,479,243 5,836,461 1,486,692 1,418,444 4,013,576 0 27,422,556
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
2,136,089 792,541 1,997,146 649,380 663,275 3,166,936 521,824 18,048,641
3,662,057 995,768 3,473,080 712,908 3,111,450 2,960,141 646,533 30,990,116
57,167 185,246 213,197 131,222 164,431 330,571 0 1,529,518
490,244 501,438 778,161 281,571 342,657 198,788 38,004 8,597,279
11,752,784 6,074,578 16,598,002 3,788,411 7,115,508 21,332,838 1,593,845 180,204,516
31 December 2024
Net Receivable by region
Region 5 Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Jakarta 2 Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(7) (8) (9) (10) (11) (12) (13) (14)
0 0 0 0 0 0 222,088 47,552,725
531,738 0 1,532,033 0 0 3,418,426 0 9,890,138
0 0 0 0 0 0 0 0
29,384 505,477 27,028 1 816,703 68,088 234,803 11,107,734
0 0 0 0 0 0 0 0
828,578 0 0 0 0 50,000 0 13,064,638
0 0 0 0 0 0 0 35,678
1,887,858 1,213,012 2,489,286 550,663 856,908 7,603,967 0 20,219,327
2,054,294 2,593,995 4,726,914 1,772,478 2,630,280 4,076,540 0 27,490,230
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
1,974,706 802,025 1,900,996 571,625 608,881 2,820,211 329,943 16,508,895
2,141,937 657,670 2,948,699 430,279 2,996,975 3,953,270 537,174 30,366,204
68,600 234,668 279,914 141,904 161,148 348,650 0 1,668,913
510,922 542,526 840,519 293,560 404,619 211,770 24,471 8,750,005
10,028,017 6,549,373 14,745,389 3,760,510 8,475,514 22,550,922 1,348,479 186,654,487
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2. Bank Consolidated with Subsidiaries
No. Portfolio Category
Region 1 Region 2 Region 3 Region 4
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO
(1) (2) (3) (4) (5) (6)
1 Receivables on Sovereigns 0 0 0 43,161,572
2 Receivables to Public Sector Entities 1,558,640 0 69,356 3,080,547
Receivables to Multilateral Development Banks and International
3 0 0 0 0
Institutions
4 Receivables on Banks 5,062 621,135 15,223 8,742,994
5 Receivables by Covered Bond 0 0 0 0
Receivables to Securities Companies and Other Financial Services
6 53,412 0 0 9,257,018
Institutions
Receivables in the Form of Subordinated Securities, Equity, and Other
7 0 0 0 196,443
Capital Instruments
8 Loans Secured by Residential Property 972,556 637,480 1,601,754 2,226,593
9 Loans Secured by Commercial Property 2,943,635 1,873,817 1,480,760 3,740,056
10 Credit for Land Acquisition, Soil Processing, and Construction 0 0 0 0
11 Employee/Retiree Loans 0 0 0 0
12 Receivables on Micro Business, Small Business, and Retail Portfolio 3,174,298 1,667,953 8,017,970 3,737,492
13 Receivables on Corporates 3,016,539 1,345,759 1,289,170 10,495,655
14 Past Due Receivables 128,936 65,495 215,462 103,128
15 Other Assets 422,687 215,763 313,289 5,482,678
TOTAL 12,275,765 6,427,402 13,002,984 90,224,176
No. Portfolio Category
Region 1 Region 2 Region 3 Region 4
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO
(1) (2) (3) (4) (5) (6)
1 Receivables on Sovereigns 0 0 0 47,330,637
2 Receivables to Public Sector Entities 1,505,795 0 163,951 2,738,195
Receivables to Multilateral Development Banks and International
3 0 0 0 0
Institutions
4 Receivables on Banks 7,081 743,764 174,271 8,682,610
5 Receivables by Covered Bond 0 0 0 0
Receivables to Securities Companies and Other Financial Services
6 34,616 0 0 12,025,949
Institutions
Receivables in the Form of Subordinated Securities, Equity, and Other
7 0 0 0 195,182
Capital Instruments
8 Loans Secured by Residential Property 1,113,223 673,030 1,623,916 2,207,464
9 Loans Secured by Commercial Property 3,169,340 1,541,462 1,450,116 3,474,811
10 Credit for Land Acquisition, Soil Processing, and Construction 0 0 0 0
11 Employee/Retiree Loans 0 0 0 0
12 Receivables on Micro Business, Small Business, and Retail Portfolio 3,234,992 1,629,454 7,405,944 3,323,415
13 Receivables on Corporates 4,449,466 658,735 582,060 11,622,037
14 Past Due Receivables 118,627 82,176 172,385 127,608
15 Other Assets 424,305 243,790 299,704 5,440,092
TOTAL 14,057,445 5,572,411 11,872,347 97,168,000
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31 December 2025
Net Receivable by region
Region 5 Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Jakarta 2 Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(7) (8) (9) (10) (11) (12) (13) (14)
0 0 0 0 0 0 197,890 43,359,462
731,278 0 1,389,112 0 0 2,828,558 0 9,657,491
0 0 0 0 0 0 0 0
0 0 511,440 0 604,115 88,429 189,594 10,777,992
0 0 0 0 0 0 0 0
249,657 0 0 0 0 50,000 0 9,610,087
0 0 0 0 0 0 0 196,443
2,073,573 1,120,342 2,399,521 526,638 811,136 7,696,159 0 20,065,752
2,149,872 2,479,243 5,836,461 1,486,692 1,418,444 4,013,576 0 27,422,556
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
3,022,255 928,296 2,386,734 755,763 803,890 3,827,017 521,824 28,843,492
6,656,484 1,029,056 3,597,441 750,924 3,131,067 3,218,064 646,533 35,176,692
64,809 185,615 213,724 131,385 164,757 332,594 0 1,605,905
490,244 501,438 778,161 281,571 342,657 198,788 38,004 9,065,280
15,438,172 6,243,990 17,112,594 3,932,973 7,276,066 22,253,185 1,593,845 195,781,152
31 December 2024
Net Receivable by region
Region 5 Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Jakarta 2 Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(7) (8) (9) (10) (11) (12) (13) (14)
0 0 0 0 0 0 222,088 47,552,725
531,738 0 1,532,033 0 0 3,418,426 0 9,890,138
0 0 0 0 0 0 0 0
29,384 505,477 27,187 1 816,703 68,088 234,803 11,289,369
0 0 0 0 0 0 0 0
625,146 0 0 0 0 50,000 0 12,735,711
0 0 0 0 0 0 0 195,182
1,887,858 1,213,012 2,489,286 550,663 856,908 7,603,967 0 20,219,327
2,054,294 2,593,995 4,726,914 1,772,478 2,630,280 4,076,540 0 27,490,230
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
2,831,895 965,561 2,299,345 672,379 757,094 3,429,275 329,943 26,879,297
4,753,872 677,912 3,041,294 454,934 3,018,244 4,126,431 537,174 33,922,159
73,544 235,508 281,182 141,948 161,490 351,061 0 1,745,529
510,922 542,526 840,519 293,560 404,619 211,770 24,471 9,236,278
13,298,653 6,733,991 15,237,760 3,885,963 8,645,338 23,335,558 1,348,479 201,155,945
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 353
Page 356
03 / F U N C T I O N A L R E V I E W
CRB (B.2): MARKET RISK
Disclosure of Net Receivables by Economic Sector
1. Bank Only
Receivables
Receivables
to Securities
to
Receivables Companies
No. Economic Sector Receivables Multilateral Receivables
to Public Receivables and
on Development by Covered
Sector on Banks Other
Sovereigns Banks and Bond
Entities Financial
International
Services
Institutions
Institutions
(1) (2) (3) (4) (5) (6) (7) (8)
1 Agriculture, Hunting, and Fishery 0 0 0 0 0 0
2 Mining and Quarrying 0 0 0 0 0 0
3 Processing Industry 0 3,482,625 0 0 0 0
4 Electricity, Gas, Hot Air, and Cold Air 0 1,634,218 0 0 0 0
5 Water Management, Waste 0 0 0 0 0 0
Management, Garbage Management
and Recycling
6 Construction 0 4,060,610 0 0 0 0
7 Wholesale and Retail Trading; Motorcycle 0 0 0 0 0 0
and Automobile and Maintenance
8 Transportation & Warehouse 0 0 0 0 0 0
9 Accommodation and Restaurant 0 0 0 0 0 0
10 Information and Communication 0 0 0 0 0 0
11 Activities in Finance and Insurance 43,161,572 135,805 0 10,612,493 0 9,884,269
12 Real estate 0 0 0 0 0 0
13 Professional, Science, and Technical 0 0 0 0 0 0
Activities
14 Activities in Lease and Lease without 0 0 0 0 0 0
Option Rights, Labor, Travel Agents, and
Other Business Support
15 Government, Defence, and Mandatory 0 0 0 0 0 0
Social Security
16 Education 0 0 0 0 0 0
17 Human Health and Social Activity 0 0 0 0 0 0
18 Arts, Entertainment, and Recreation 0 0 0 0 0 0
19 Activities in Other Services 0 0 0 0 0 0
20 Household Activities as Employer; 0 0 0 0 0 0
Activities which Generate Products or
Services by Household, Use for Fulfilling
Self-Needs
21 Activities of International Agencies and 0 0 0 0 0 0
Other Extra-International Agencies
22 Household Activities 0 0 0 0 0 0
23 Non-Business 0 0 0 0 0 0
24 Others 197,890 344,235 0 0 0 0
TOTAL 43,359,462 9,657,493 0 10,612,493 0 9,884,269
354 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
Page 357
Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
31 Desember 2025
Receivables
Credit Receivables
in the Form of
for Land on Micro
Subordinated Loans Loans
Acquisition, Business, Receivables
Securities, Secured by Secured by Employee/ Past Due
Soil Small on Other Assets
Equity, Residential Commercial Retiree Loans Receivables
Processing, Business Corporates
and Other Property Property
and and Retail
Capital
Construction Portfolio
Instruments
(9) (10) (11) (12) (13) (14) (15) (16) (17)
0 64,872 164,491 0 0 24,522 483,649 16,041 0
0 0 1,014,085 0 0 106 4,306,919 0 0
0 782,986 8,510,846 0 0 177,920 12,452,461 213,205 0
0 13,196 83,740 0 0 2,184 844,192 3,082 0
0 3,050 183,865 0 0 1,307 0 0 0
0 222,872 1,156,465 0 0 70,205 490,414 84,123 0
0 2,849,407 9,947,824 0 0 1,061,892 4,632,526 544,635 0
0 153,095 589,168 0 0 49,874 478,095 17,894 0
0 67,404 825,963 0 0 632,163 358,398 4,523 0
0 93,245 65,491 0 0 604,521 1,139,903 9,350 0
0 0 8,851 0 0 15,035 376,688 1,921 0
0 315,611 1,497,413 0 0 144,980 1,226,389 5,570 0
0 116,679 304,349 0 0 115,583 129,505 18,632 0
0 408,789 890,830 0 0 122,607 1,578,044 9,169 0
0 0 0 0 0 0 10,733 0 0
0 2,125 13,697 0 0 9,835 5,894 121 0
0 11,524 238,884 0 0 19,708 51,457 0 0
0 57,960 113,228 0 0 49,882 194,477 9,059 0
0 0 4,307 0 0 1,107 9 5,230 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 14,902,938 1,809,058 0 0 14,943,581 1,278,965 565,397 0
0 0 0 0 0 2 0 0 0
36,939 0 0 0 0 1,626 951,401 21,566 8,597,280
36,939 20,065,753 27,422,555 0 0 18,048,640 30,990,119 1,529,518 8,597,280
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 355
Page 358
03 / F U N C T I O N A L R E V I E W
1. Bank Only
Receivables
Receivables
to Securities
to
Receivables Companies
No. Economic Sector Receivables Multilateral Receivables
to Public Receivables and
on Development by Covered
Sector on Banks Other
Sovereigns Banks and Bond
Entities Financial
International
Services
Institutions
Institutions
(1) (2) (3) (4) (5) (6) (7) (8)
1 Agriculture, Hunting, and Fishery 0 0 0 0 0 0
2 Mining and Quarrying 0 0 0 0 0 0
3 Processing Industry 0 3,531,705 0 0 0 0
4 Electricity, Gas, Hot Air, and Cold Air 0 2,009,504 0 0 0 0
5 Water Management, Waste 0 0 0 0 0 0
Management, Garbage Management
and Recycling
6 Construction 0 3,768,426 0 0 0 0
7 Wholesale and Retail Trading; Motorcycle 0 0 0 0 0 0
and Automobile and Maintenance
8 Transportation & Warehouse 0 0 0 0 0 0
9 Accommodation and Restaurant 0 0 0 0 0 0
10 Information and Communication 0 0 0 0 0 0
11 Activities in Finance and Insurance 47,330,636 183,879 0 11,107,733 0 13,064,358
12 Real estate 0 0 0 0 0 0
13 Professional, Science, and Technical 0 0 0 0 0 0
Activities
14 Activities in Lease and Lease without 0 0 0 0 0 0
Option Rights, Labor, Travel Agents, and
Other Business Support
15 Government, Defence, and Mandatory 0 0 0 0 0 0
Social Security
16 Education 0 0 0 0 0 0
17 Human Health and Social Activity 0 0 0 0 0 0
18 Arts, Entertainment, and Recreation 0 0 0 0 0 0
19 Activities in Other Services 0 0 0 0 0 0
20 Household Activities as Employer; 0 0 0 0 0 0
Activities which Generate Products or
Services by Household, Use for Fulfilling
Self-Needs
21 Activities of International Agencies and 0 0 0 0 0 0
Other Extra-International Agencies
22 Household Activities 0 0 0 0 0 281
23 Non-Business 0 0 0 0 0 0
24 Others 222,088 396,624 0 0 0 0
TOTAL 47,552,724 9,890,138 0 11,107,733 0 13,064,639
356 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
Page 359
Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
31 Desember 2024
Receivables
Credit Receivables
in the Form of
for Land on Micro
Subordinated Loans Loans
Acquisition, Business, Receivables
Securities, Secured by Secured by Employee/ Past Due
Soil Small on Other Assets
Equity, Residential Commercial Retiree Loans Receivables
Processing, Business Corporates
and Other Property Property
and and Retail
Capital
Construction Portfolio
Instruments
(9) (10) (11) (12) (13) (14) (15) (16) (17)
0 60,982 479,591 0 0 36,594 514,453 25,339 0
0 0 573,820 0 0 1,381 5,054,431 1,593 0
0 902,094 7,492,210 0 0 246,980 10,192,103 251,791 0
0 2,997 98,122 0 0 1,499 1,644,070 3,147 0
0 4,643 161,763 0 0 130 0 0 0
0 310,139 1,079,836 0 0 88,632 1,075,235 102,207 0
0 3,009,810 10,420,201 0 0 1,049,562 3,998,720 569,744 0
0 147,565 406,939 0 0 61,632 379,977 12,933 0
0 68,603 1,052,646 0 0 109,551 63,304 16,684 0
0 92,909 118,308 0 0 344,206 1,286,911 1,759 0
0 0 6,450 0 0 2,340 455,157 1,862 0
0 324,644 2,654,737 0 0 474,211 1,297,221 14,654 0
0 116,940 288,361 0 0 115,778 233,155 11,634 0
0 251,069 658,243 0 0 152,698 1,388,393 18,649 0
0 0 0 0 0 0 8,800 0 0
0 5,846 16,438 0 0 9,740 4,538 0 0
0 30,988 156,181 0 0 19,606 32,868 0 0
0 51,461 95,099 0 0 26,221 6,558 11,091 0
0 2,713 11,166 0 0 544 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 14,835,927 1,720,117 0 0 13,759,623 1,388,897 605,113 0
0 0 0 0 0 1 0 1 0
35,677 0 0 0 0 7,965 1,341,415 20,713 8,750,004
35,677 20,219,330 27,490,228 0 0 16,508,894 30,366,206 1,668,914 8,750,004
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 357
Page 360
03 / F U N C T I O N A L R E V I E W
2. Bank Consolidated with Subsidiaries
Receivables
Receivables
to Securities
to
Receivables Companies
No. Economic Sector Receivables Multilateral Receivables
to Public Receivables and
on Development by Covered
Sector on Banks Other
Sovereigns Banks and Bond
Entities Financial
International
Services
Institutions
Institutions
(1) (2) (3) (4) (5) (6) (7) (8)
1 Agriculture, Hunting, and Fishery 0 0 0 0 0 0
2 Mining and Quarrying 0 0 0 0 0 0
3 Processing Industry 0 3,482,625 0 0 0 0
4 Electricity, Gas, Hot Air, and Cold Air 0 1,634,218 0 0 0 0
5 Water Management, Waste 0 0 0 0 0 0
Management, Garbage Management
and Recycling
6 Construction 0 4,060,610 0 0 0 0
7 Wholesale and Retail Trading; Motorcycle 0 0 0 0 0 0
and Automobile and Maintenance
8 Transportation & Warehouse 0 0 0 0 0 0
9 Accommodation and Restaurant 0 0 0 0 0 0
10 Information and Communication 0 0 0 0 0 0
11 Activities in Finance and Insurance 43,161,572 135,805 0 10,777,991 0 9,610,086
12 Real estate 0 0 0 0 0 0
13 Professional, Science, and Technical 0 0 0 0 0 0
Activities
14 Activities in Lease and Lease without 0 0 0 0 0 0
Option Rights, Labor, Travel Agents, and
Other Business Support
15 Government, Defence, and Mandatory 0 0 0 0 0 0
Social Security
16 Education 0 0 0 0 0 0
17 Human Health and Social Activity 0 0 0 0 0 0
18 Arts, Entertainment, and Recreation 0 0 0 0 0 0
19 Activities in Other Services 0 0 0 0 0 0
20 Household Activities as Employer; 0 0 0 0 0 0
Activities which Generate Products or
Services by Household, Use for Fulfilling
Self-Needs
21 Activities of International Agencies and 0 0 0 0 0 0
Other Extra-International Agencies
22 Household Activities 0 0 0 0 0 0
23 Non-Business 0 0 0 0 0 0
24 Others 197,890 344,235 0 0 0 0
TOTAL 43,359,462 9,657,493 0 10,777,991 0 9,610,086
358 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
Page 361
Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
31 Desember 2025
Receivables
Credit Receivables
in the Form of
for Land on Micro
Subordinated Loans Loans
Acquisition, Business, Receivables
Securities, Secured by Secured by Employee/ Past Due
Soil Small on Other Assets
Equity, Residential Commercial Retiree Loans Receivables
Processing, Business Corporates
and Other Property Property
and and Retail
Capital
Construction Portfolio
Instruments
(9) (10) (11) (12) (13) (14) (15) (16) (17)
0 64,872 164,491 0 0 24,522 483,649 16,041 0
0 0 1,014,085 0 0 106 4,306,919 0 0
0 782,986 8,510,846 0 0 177,920 12,452,461 213,205 0
0 13,196 83,740 0 0 2,184 844,192 3,082 0
0 3,050 183,865 0 0 1,307 0 0 0
0 222,872 1,156,465 0 0 70,205 490,414 84,123 0
0 2,849,407 9,947,824 0 0 1,061,892 4,632,526 544,635 0
0 153,095 589,168 0 0 49,874 478,095 17,894 0
0 67,404 825,963 0 0 632,163 358,398 4,523 0
0 93,245 65,491 0 0 604,521 1,139,903 9,350 0
0 0 8,851 0 0 15,035 376,688 1,921 0
0 315,611 1,497,413 0 0 144,980 1,226,389 5,570 0
0 116,679 304,349 0 0 115,583 129,505 18,632 0
0 408,789 890,830 0 0 122,607 1,578,044 9,169 0
0 0 0 0 0 0 10,733 0 0
0 2,125 13,697 0 0 9,835 5,894 121 0
0 11,524 238,884 0 0 19,708 51,457 0 0
0 57,960 113,228 0 0 49,882 194,477 9,059 0
0 0 4,307 0 0 1,107 9 5,230 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 14,902,938 1,809,058 0 0 25,697,327 3,188,016 635,321 0
0 0 0 0 0 41,107 2,277,525 6,463 0
196,443 0 0 0 0 1,626 951,401 21,566 9,065,280
196,443 20,065,753 27,422,555 0 0 28,843,491 35,176,695 1,605,905 9,065,280
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 359
Page 362
03 / F U N C T I O N A L R E V I E W
2. Bank Consolidated with Subsidiaries
Receivables
Receivables
to Securities
to
Receivables Companies
No. Economic Sector Receivables Multilateral Receivables
to Public Receivables and
on Development by Covered
Sector on Banks Other
Sovereigns Banks and Bond
Entities Financial
International
Services
Institutions
Institutions
(1) (2) (3) (4) (5) (6) (7) (8)
1 Agriculture, Hunting, and Fishery 0 0 0 0 0 0
2 Mining and Quarrying 0 0 0 0 0 0
3 Processing Industry 0 3,531,705 0 0 0 0
4 Electricity, Gas, Hot Air, and Cold Air 0 2,009,504 0 0 0 0
5 Water Management, Waste 0 0 0 0 0 0
Management, Garbage Management
and Recycling
6 Construction 0 3,768,426 0 0 0 0
7 Wholesale and Retail Trading; Motorcycle 0 0 0 0 0 0
and Automobile and Maintenance
8 Transportation & Warehouse 0 0 0 0 0 0
9 Accommodation and Restaurant 0 0 0 0 0 0
10 Information and Communication 0 0 0 0 0 0
11 Activities in Finance and Insurance 47,330,636 183,879 0 11,289,367 0 12,735,686
12 Real estate 0 0 0 0 0 0
13 Professional, Science, and Technical 0 0 0 0 0 0
Activities
14 Activities in Lease and Lease without 0 0 0 0 0 0
Option Rights, Labor, Travel Agents, and
Other Business Support
15 Government, Defence, and Mandatory 0 0 0 0 0 0
Social Security
16 Education 0 0 0 0 0 0
17 Human Health and Social Activity 0 0 0 0 0 0
18 Arts, Entertainment, and Recreation 0 0 0 0 0 0
19 Activities in Other Services 0 0 0 0 0 0
20 Household Activities as Employer; 0 0 0 0 0 0
Activities which Generate Products or
Services by Household, Use for Fulfilling
Self-Needs
21 Activities of International Agencies and 0 0 0 0 0 0
Other Extra-International Agencies
22 Household Activities 0 0 0 0 0 27
23 Non-Business 0 0 0 0 0 0
24 Others 222,088 396,624 0 0 0 0
TOTAL 47,552,724 9,890,138 0 11,289,367 0 12,735,713
360 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
Page 363
Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
31 Desember 2024
Receivables
Credit Receivables
in the Form of
for Land on Micro
Subordinated Loans Loans
Acquisition, Business, Receivables
Securities, Secured by Secured by Employee/ Past Due
Soil Small on Other Assets
Equity, Residential Commercial Retiree Loans Receivables
Processing, Business Corporates
and Other Property Property
and and Retail
Capital
Construction Portfolio
Instruments
(9) (10) (11) (12) (13) (14) (15) (16) (17)
0 60,982 479,591 0 0 36,594 514,453 25,339 0
0 0 573,820 0 0 1,381 5,054,431 1,593 0
0 902,094 7,492,210 0 0 246,980 10,192,103 251,791 0
0 2,997 98,122 0 0 1,499 1,644,070 3,147 0
0 4,643 161,763 0 0 130 0 0 0
0 310,139 1,079,836 0 0 88,632 1,075,235 102,207 0
0 3,009,810 10,420,201 0 0 1,049,562 3,998,720 569,744 0
0 147,565 406,939 0 0 61,632 379,977 12,933 0
0 68,603 1,052,646 0 0 109,551 63,304 16,684 0
0 92,909 118,308 0 0 344,206 1,286,911 1,759 0
0 0 6,450 0 0 2,340 455,157 1,862 0
0 324,644 2,654,737 0 0 474,211 1,297,221 14,654 0
0 116,940 288,361 0 0 115,778 233,155 11,634 0
0 251,069 658,243 0 0 152,698 1,388,393 18,649 0
0 0 0 0 0 0 8,800 0 0
0 5,846 16,438 0 0 9,740 4,538 0 0
0 30,988 156,181 0 0 19,606 32,868 0 0
0 51,461 95,099 0 0 26,221 6,558 11,091 0
0 2,713 11,166 0 0 544 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 14,835,927 1,720,117 0 0 24,093,258 2,993,600 676,943 0
0 0 0 0 0 36,769 1,951,251 4,786 0
195,181 0 0 0 0 7,965 1,341,415 20,713 9,236,277
195,181 20,219,330 27,490,228 0 0 26,879,297 33,922,160 1,745,529 9,236,277
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 361
Page 364
03 / F U N C T I O N A L R E V I E W
CRB (B.3): MARKET RISK
Disclosure of Net Receivables by Contractual Maturity
1. Bank Only
31 December 2024
Net Receivables by Contractual Maturity
No. Portfolio Category
1 year to 3 3 years to 5 Non -
< 1 year > 5 years Total
years years Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Receivables on Sovereigns 14,629,862 2,790,984 5,680,002 13,159,434 7,099,181 43,359,463
2 Receivables to Public Sector 2,484,105 4,759,875 1,944,955 468,557 0 9,657,492
Entities
3 Receivables to Multilateral 0 0 0 0 0 0
Development Banks and
International Institutions
4 Receivables on Banks 4,866,193 1,846,714 473,773 191,923 3,233,890 10,612,493
5 Receivables by Covered Bond 0 0 0 0 0 0
6 Receivables to Securities 4,003,937 4,256,388 1,623,937 7 0 9,884,269
Companies
and Other Financial Services
Institutions
7 Receivables in the Form of 0 0 0 0 36,939 36,939
Subordinated Securities, Equity,
and Other Capital Instruments
8 Loans Secured by Residential 3,883,329 1,200,392 1,999,414 12,982,617 0 20,065,752
Property
9 Loans Secured by Commercial 16,242,840 2,363,737 3,846,096 4,969,883 0 27,422,556
Property
10 Credit for Land Acquisition, Soil 0 0 0 0 0 0
Processing, and Construction
11 Employee/Retiree Loans 0 0 0 0 0 0
12 Receivables on Micro Business, 5,287,049 7,483,579 5,079,128 198,884 0 18,048,640
Small Business, and Retail
Portfolio
13 Receivables on Corporates 19,182,028 5,346,312 3,532,998 2,928,778 0 30,990,116
14 Past Due Receivables 762,656 116,303 176,601 473,958 0 1,529,518
15 Other Assets 0 0 0 0 8,597,280 8,597,280
TOTAL 71,341,999 30,164,284 24,356,904 35,374,041 18,967,290 180,204,518
362 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
Page 365
Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
31 December 2024
Net Receivables by Contractual Maturity
No. Portfolio Category
1 year to 3 3 years to 5 Non -
< 1 year > 5 years Total
years years Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Receivables on Sovereigns 20,364,836 5,067,138 2,414,337 9,010,055 10,696,358 47,552,724
2 Receivables to Public Sector 1,569,659 3,318,648 4,713,812 288,020 0 9,890,139
Entities
3 Receivables to Multilateral 0 0 0 0 0 0
Development Banks and
International Institutions
4 Receivables on Banks 5,486,733 1,873,788 818,922 537,538 2,390,751 11,107,732
5 Receivables by Covered Bond 0 0 0 0 0 0
6 Receivables to Securities 5,827,155 5,856,317 1,216,178 164,989 0 13,064,639
Companies
and Other Financial Services
Institutions
7 Receivables in the Form of 0 0 0 0 35,677 35,677
Subordinated Securities, Equity,
and Other Capital Instruments
8 Loans Secured by Residential 4,096,634 1,121,451 2,019,941 12,981,302 0 20,219,328
Property
9 Loans Secured by Commercial 16,054,491 2,597,412 3,800,770 5,037,557 0 27,490,230
Property
10 Credit for Land Acquisition, Soil 0 0 0 0 0 0
Processing, and Construction
11 Employee/Retiree Loans 0 0 0 0 0 0
12 Receivables on Micro Business, 4,834,079 6,166,161 5,023,816 481,930 2,907 16,508,893
Small Business, and Retail
Portfolio
13 Receivables on Corporates 17,387,050 5,687,549 5,405,338 1,886,268 0 30,366,205
14 Past Due Receivables 808,451 169,267 182,551 508,538 109 1,668,916
15 Other Assets 0 0 0 0 8,750,004 8,750,004
TOTAL 76,429,088 31,857,731 25,595,665 30,896,197 21,875,806 186,654,487
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 363
Page 366
03 / F U N C T I O N A L R E V I E W
2. Disclosure of Receivables and Provisioning by Region
31 December 2025
Net Receivables by Contractual Maturity
No. Portfolio Category
1 year to 3 3 years to 5 Non -
< 1 year > 5 years Total
years years Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Receivables on Sovereigns 14,629,862 2,790,984 5,680,002 13,159,434 7,099,181 43,359,463
2 Receivables to Public Sector 2,484,105 4,759,875 1,944,955 468,557 0 9,657,492
Entities
3 Receivables to Multilateral 0 0 0 0 0 0
Development Banks and
International Institutions
4 Receivables on Banks 5,031,069 1,847,017 474,093 191,923 3,233,890 10,777,992
5 Receivables by Covered Bond 0 0 0 0 0 0
6 Receivables to Securities 4,003,852 4,184,570 1,421,658 7 0 9,610,087
Companies
and Other Financial Services
Institutions
7 Receivables in the Form of 0 0 0 0 196,443 196,443
Subordinated Securities, Equity,
and Other Capital Instruments
8 Loans Secured by Residential 3,883,329 1,200,392 1,999,414 12,982,617 0 20,065,752
Property
9 Loans Secured by Commercial 16,242,840 2,363,737 3,846,096 4,969,883 0 27,422,556
Property
10 Credit for Land Acquisition, Soil 0 0 0 0 0 0
Processing, and Construction
11 Employee/Retiree Loans 0 0 0 0 0 0
12 Receivables on Micro Business, 6,798,920 13,922,363 7,726,266 395,942 0 28,843,491
Small Business, and Retail
Portfolio
13 Receivables on Corporates 19,675,309 8,496,986 4,073,085 2,931,312 0 35,176,692
14 Past Due Receivables 780,972 164,554 186,188 474,192 0 1,605,906
15 Other Assets 0 0 0 0 9,065,280 9,065,280
TOTAL 73,530,258 39,730,478 27,351,757 35,573,867 19,594,794 195,781,154
364 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
Page 367
Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
31 December 2024
Net Receivables by Contractual Maturity
No. Portfolio Category
1 year to 3 3 years to 5 Non -
< 1 year > 5 years Total
years years Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Receivables on Sovereigns 20,364,836 5,067,138 2,414,337 9,010,055 10,696,358 47,552,724
2 Receivables to Public Sector 1,569,659 3,318,648 4,713,812 288,020 0 9,890,139
Entities
3 Receivables to Multilateral 0 0 0 0 0 0
Development Banks and
International Institutions
4 Receivables on Banks 5,667,968 1,873,788 819,322 537,538 2,390,751 11,289,367
5 Receivables by Covered Bond 0 0 0 0 0 0
6 Receivables to Securities 5,796,772 5,760,369 1,013,582 164,989 0 12,735,712
Companies
and Other Financial Services
Institutions
7 Receivables in the Form of 0 0 0 0 195,181 195,181
Subordinated Securities, Equity,
and Other Capital Instruments
8 Loans Secured by Residential 4,096,634 1,121,451 2,019,941 12,981,302 0 20,219,328
Property
9 Loans Secured by Commercial 16,054,491 2,597,412 3,800,770 5,037,557 0 27,490,230
Property
10 Credit for Land Acquisition, Soil 0 0 0 0 0 0
Processing, and Construction
11 Employee/Retiree Loans 0 0 0 0 0 0
12 Receivables on Micro Business, 6,385,911 12,521,246 7,388,666 580,565 2,907 26,879,295
Small Business, and Retail
Portfolio
13 Receivables on Corporates 17,838,057 8,220,217 5,975,281 1,888,605 0 33,922,160
14 Past Due Receivables 825,205 214,279 197,263 508,675 109 1,745,531
15 Other Assets 0 0 0 0 9,236,277 9,236,277
TOTAL 78,599,533 40,694,548 28,342,974 30,997,306 22,521,583 201,155,944
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 365
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03 / F U N C T I O N A L R E V I E W
CRB (B.4A): MARKET RISK
Disclosure of Receivables and Provisioning by Region
1. Bank Only
No. Description
Region 1 Region 2 Region 3 Region 4 Region 5
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO Jakarta 2
(1) (2) (3) (4) (5) (6) (7)
1 Receivables 3,158,695 2,034,191 1,992,291 124,582,161 18,552,356
2 Impaired Loss Receivables
a. Non Past Due - - - 888,788 127,575
b. Past Due 139,134 74,005 200,722 1,997,609 86,069
3 Allowance for impairment losses - Stage 1 12,626 7,495 7,287 427,252 60,243
4 Allowance for impairment losses - Stage 2 2,862 1,514 8,961 84,963 24,386
5 Allowance for impairment losses - Stage 3 43,451 22,878 79,607 1,393,802 123,202
6 Written-off receivables 23,190 11,751 6,824 489,990 49,850
No. Description
Region 1 Region 2 Region 3 Region 4 Region 5
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO Jakarta 2
(1) (2) (3) (4) (5) (6) (7)
1 Receivables 3,088,370 2,164,076 2,146,683 130,625,299 17,812,077
2 Impaired Loss Receivables
a. Non Past Due - 17,992 - 1,239,318 123,443
b. Past Due 116,580 98,243 159,123 1,147,583 146,008
3 Allowance for impairment losses - Stage 1 17,884 9,849 10,228 744,173 63,391
4 Allowance for impairment losses - Stage 2 1,681 620 8,333 196,174 17,594
5 Allowance for impairment losses - Stage 3 32,794 35,376 64,597 1,145,130 146,456
6 Written-off receivables 41,903 3,257 11,924 307,686 24,108
366 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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(in million rupiah)
31 December 2025
Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(8) (9) (10) (11) (12) (13) (14)
1,492,497 9,177,856 1,789,651 2,457,219 4,666,373 1,093,150 170,996,440
- - - - - - 1,016,363
149,774 371,740 184,177 216,934 165,546 - 3,585,710
6,558 44,727 5,936 5,782 8,280 2,572 588,758
2,455 6,610 2,093 139,096 10,973 - 283,913
60,152 188,656 81,021 67,479 49,851 - 2,110,099
449,025 58,761 51,338 7,017 100,294 - 1,248,040
31 December 2024
Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(8) (9) (10) (11) (12) (13) (14)
2,109,875 8,150,248 1,782,490 3,080,503 5,314,529 974,768 177,248,918
- - - - - - 1,380,753
600,811 462,018 258,242 186,408 263,518 - 3,438,534
9,794 44,844 8,560 14,245 15,884 2,136 940,988
927 6,940 1,013 195,043 9,190 - 437,515
475,316 208,544 127,432 51,366 94,216 - 2,381,227
25,547 56,179 28,810 8,201 12,374 - 519,989
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 367
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03 / F U N C T I O N A L R E V I E W
2. Banks Consolidated with Subsidiaries
No. Description
Region 1 Region 2 Region 3 Region 4 Region 5
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO Jakarta 2
(1) (2) (3) (4) (5) (6) (7)
1 Receivables 3,158,695 2,034,191 1,992,291 139,261,343 18,552,356
2 Impaired Loss Receivables
a. Non Past Due - - - 888,788 127,575
b. Past Due 139,134 74,005 200,722 2,183,900 86,069
3 Allowance for impairment losses - Stage 1 12,626 7,495 7,287 609,928 60,243
4 Allowance for impairment losses - Stage 2 2,862 1,514 8,961 146,051 24,386
5 Allowance for impairment losses - Stage 3 43,451 22,878 79,607 1,490,903 123,202
6 Written-off receivables 23,190 11,751 6,824 924,966 49,850
No. Description
Region 1 Region 2 Region 3 Region 4 Region 5
Sumatra 1 Sumatra 2 West Java Jakarta 1 & HO Jakarta 2
(1) (2) (3) (4) (5) (6) (7)
1 Receivables 3,088,370 2,164,076 2,146,683 144,184,185 17,812,077
2 Impaired Loss Receivables
a. Non Past Due - 17,992 - 1,239,318 123,443
b. Past Due 116,580 98,243 159,123 1,310,188 146,008
3 Allowance for impairment losses - Stage 1 17,884 9,849 10,228 882,378 63,391
4 Allowance for impairment losses - Stage 2 1,681 620 8,333 241,957 17,594
5 Allowance for impairment losses - Stage 3 32,794 35,376 64,597 1,226,282 146,456
6 Written-off receivables 41,903 3,257 11,924 724,643 24,108
368 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
31 December 2025
Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(8) (9) (10) (11) (12) (13) (14)
1,492,497 9,177,856 1,789,651 2,457,219 4,666,373 1,093,150 185,675,622
- - - - - - 1,016,363
149,774 371,740 184,177 216,934 165,546 - 3,772,001
6,558 44,727 5,936 5,782 8,280 2,572 771,434
2,455 6,610 2,093 139,096 10,973 - 345,001
60,152 188,656 81,021 67,479 49,851 - 2,207,200
449,025 58,761 51,338 7,017 100,294 - 1,683,016
31 December 2024
Region 6 Region 7 Region 8 Region 9 Region 10
Overseas Total
Central Java East Java Kalimantan Sulawesi & IBT Jakarta 3
(8) (9) (10) (11) (12) (13) (14)
2,109,875 8,150,248 1,782,490 3,080,503 5,314,529 974,768 190,807,804
- - - - - - 1,380,753
600,811 462,018 258,242 186,408 263,518 - 3,601,139
9,794 44,844 8,560 14,245 15,884 2,136 1,079,193
927 6,940 1,013 195,043 9,190 - 483,298
475,316 208,544 127,432 51,366 94,216 - 2,462,379
25,547 56,179 28,810 8,201 12,374 - 936,946
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 369
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03 / F U N C T I O N A L R E V I E W
CRB (B.5): MARKET RISK
Disclosure of Receivables and Provisioning based on Economic Sectors
1. Bank Only (in million rupiah)
31 December 2025
Impaired Receivables Allowance Allowance Allowance
No. Economic Sectors for for for
Written-Off
Receivables Impairment Impairment Impairment
Non Past Receivables
Past Due Losses - Losses - Losses -
Due
Stage 1 Stage 2 Stage 3
(1) (2) (3) (4) (5) (6) (7) (8) (9)
1 Agriculture, Forestry, and Fisheries 744,216 - 35,282 1,112 18 18,182 63
2 Mining and Quarrying Industries 5,158,270 - 1,950 8,979 7,872 374,012 1,104
3 Processing Industries 22,171,893 - 541,855 156,687 13,902 631,565 591,415
4 Procurement of Electricity, Gas, Steam/ 1,795,667 1,016,363 443,583 5,296 - 1,410 -
Hot Water and Cold Water
5 Water Management, Waste Water 174,781 - 4,493 786 - - -
Management, Waste Management
and Recycling
6 Construction 5,971,654 - 589,788 27,389 1,818 388,534 16,676
7 Wholesale and Retail Trade; Car and 16,371,217 - 1,020,251 68,535 22,539 450,868 166,097
Motorcycle Repair and Maintenance
8 Transportation and Warehousing 1,916,048 - 21,979 12,546 113 12,382 1,156
9 Hotel and Food & Beverage 1,937,834 - 47,923 7,874 123,100 9,957 8,118
10 Information and Communication 1,411,422 - 4,732 3,323 - 18,445 -
11 Financial and Insurance Activities 72,311,178 - 81,239 27,915 9,307 2,811 -
12 Real Estate 3,108,764 - - 9,324 13,589 9,264 12,402
13 Professional, Scientific, and Technical 661,822 - 176 1,732 - 6,927 -
Activities
14 Leasing and Leasing Without Option 2,103,696 - - 17,346 28 4,907 4,800
Right, Employment, Travel Agencies,
and Other Business Support Activities
15 Public Administration, Defense and 10,504 - 23,112 19 - - -
Compulsory
Social Security
16 Education Services 29,214 - - 88 - 55 -
17 Human Health and Social Work 318,820 - - 2,236 - - -
Activities
18 Art, Entertainment, and Leisure 417,234 - - 1,102 - 4,149 -
Activities
19 Other Service Activities 6,093 - 1 141 - 60 -
20 Household Activities as Employer; - - - - - - -
Activities which
Generate Products or Services by
Household, Use
for Fulfilling Self-Needs
21 International institution and Other - - - - - - -
Extra International Agency Activities
22 Household Activities 33,166,505 - 769,346 236,328 91,627 176,571 446,209
23 Non-Business Field 2 - - - - - -
24 Others 1,209,606 - - - - - -
TOTAL 170,996,440 1,016,363 3,585,710 588,758 283,913 2,110,099 1,248,040
370 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
31 December 2024
Impaired Receivables Allowance Allowance Allowance
No. Economic Sectors for for for
Written-Off
Receivables Impairment Impairment Impairment
Non Past Receivables
Past Due Losses - Losses - Losses -
Due
Stage 1 Stage 2 Stage 3
(1) (2) (3) (4) (5) (6) (7) (8) (9)
1 Agriculture, Forestry, and Fisheries 1,062,435 - 36,584 6,668 185 9,919 332
2 Mining and Quarrying Industries 5,442,425 - 1,950 30,861 - 2,402 10,179
3 Processing Industries 20,585,928 - 3,995 158,587 7,489 1,233,069 65,858
4 Procurement of Electricity, Gas, Steam/ 3,290,876 866,850 1,143,367 270,345 105,638 1,346 -
Hot Water and Cold Water
5 Water Management, Waste Water 152,599 - 4,493 1,726 - - -
Management, Waste Management
and Recycling
6 Construction 8,099,815 495,911 155,527 33,197 1,833 423,158 4,333
7 Wholesale and Retail Trade; Car and 16,670,708 17,992 1,030,860 83,861 7,878 464,967 126,718
Motorcycle Repair and Maintenance
8 Transportation and Warehousing 1,567,221 - 61,614 15,565 704 14,079 76
9 Hotel and Food & Beverage 1,477,314 - 48,254 9,203 190,770 35,808 5,245
10 Information and Communication 1,712,462 - 4,732 8,903 2,731 15,551 2,063
11 Financial and Insurance Activities 76,758,502 - 129,050 41,334 1,195 2,879 -
12 Real Estate 4,696,215 - - 25,145 10,538 22,171 -
13 Professional, Scientific, and Technical 719,493 - - 2,569 311 7,958 9,955
Activities
14 Leasing and Leasing Without Option 1,593,582 - - 13,274 - 4,334 1,784
Right, Employment, Travel Agencies,
and Other Business Support Activities
15 Public Administration, Defense and 8,634 - 23,461 44 - - -
Compulsory
Social Security
16 Education Services 35,960 - - 93 49 - 1,376
17 Human Health and Social Work 232,444 - - 1,817 - - -
Activities
18 Art, Entertainment, and Leisure 129,919 - - 360 - 2,966 2,091
Activities
19 Other Service Activities 66,678 - 2 145 - 1,783 -
20 Household Activities as Employer; - - - - - - -
Activities which
Generate Products or Services by
Household, Use
for Fulfilling Self-Needs
21 International institution and Other - - - - - - -
Extra International Agency Activities
22 Household Activities 31,870,890 - 794,645 237,291 108,194 138,836 289,979
23 Non-Business Field - - - - - 1 -
24 Others 1,074,818 - - - - - -
TOTAL 177,248,918 1,380,753 3,438,534 940,988 437,515 2,381,227 519,989
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 371
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03 / F U N C T I O N A L R E V I E W
2. Banks Consolidated with Subsidiaries (in million rupiah)
31 December 2025
Impaired Receivables Allowance Allowance Allowance
No. Economic Sectors for for for
Written-Off
Receivables Impairment Impairment Impairment
Non Past Receivables
Past Due Losses - Losses - Losses -
Due
Stage 1 Stage 2 Stage 3
(1) (2) (3) (4) (5) (6) (7) (8) (9)
1 Agriculture, Forestry, and Fisheries 744,216 - 35,282 1,112 18 18,182 63
2 Mining and Quarrying Industries 5,158,270 - 1,950 8,979 7,872 374,012 1,104
3 Processing Industries 22,171,893 - 541,855 156,687 13,902 631,565 591,415
4 Procurement of Electricity, Gas, Steam/ 1,795,667 1,016,363 443,583 5,296 - 1,410 -
Hot Water and Cold Water
5 Water Management, Waste Water 174,781 - 4,493 786 - - -
Management, Waste Management
and Recycling
6 Construction 5,971,654 - 589,788 27,389 1,818 388,534 16,676
7 Wholesale and Retail Trade; Car and 16,371,217 - 1,020,251 68,535 22,539 450,868 166,097
Motorcycle Repair and Maintenance
8 Transportation and Warehousing 1,916,048 - 21,979 12,546 113 12,382 1,156
9 Hotel and Food & Beverage 1,937,834 - 47,923 7,874 123,100 9,957 8,118
10 Information and Communication 1,411,422 - 4,732 3,323 - 18,445 -
11 Financial and Insurance Activities 71,980,656 - 81,239 28,326 9,307 2,811 -
12 Real Estate 3,108,764 - - 9,324 13,589 9,264 12,402
13 Professional, Scientific, and Technical 661,822 - 176 1,732 - 6,927 -
Activities
14 Leasing and Leasing Without Option 2,103,696 - - 17,346 28 4,907 4,800
Right, Employment, Travel Agencies,
and Other Business Support Activities
15 Public Administration, Defense and 10,504 - 23,112 19 - - -
Compulsory
Social Security
16 Education Services 29,214 - - 88 - 55 -
17 Human Health and Social Work 318,820 - - 2,236 - - -
Activities
18 Art, Entertainment, and Leisure 417,234 - - 1,102 - 4,149 -
Activities
19 Other Service Activities 6,093 - 1 141 - 60 -
20 Household Activities as Employer; - - - - - - -
Activities which
Generate Products or Services by
Household, Use
for Fulfilling Self-Needs
21 International institution and Other - - - - - - -
Extra International Agency Activities
22 Household Activities 33,166,505 - 769,346 236,328 91,627 176,571 446,209
23 Non-Business Field 15,011,308 - 186,291 182,265 61,088 97,101 434,976
24 Others 1,208,004 - - - - - -
TOTAL 185,675,622 1,016,363 3,772,001 771,434 345,001 2,207,200 1,683,016
372 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
31 December 2024
Impaired Receivables Allowance Allowance Allowance
No. Economic Sectors for for for
Written-Off
Receivables Impairment Impairment Impairment
Non Past Receivables
Past Due Losses - Losses - Losses -
Due
Stage 1 Stage 2 Stage 3
(1) (2) (3) (4) (5) (6) (7) (8) (9)
1 Agriculture, Forestry, and Fisheries 1,062,435 - 36,584 6,668 185 9,919 332
2 Mining and Quarrying Industries 5,442,425 - 1,950 30,861 - 2,402 10,179
3 Processing Industries 20,585,928 - 3,995 158,587 7,489 1,233,069 65,858
4 Procurement of Electricity, Gas, Steam/ 3,290,876 866,850 1,143,367 270,345 105,638 1,346 -
Hot Water and Cold Water
5 Water Management, Waste Water 152,599 - 4,493 1,726 - - -
Management, Waste Management
and Recycling
6 Construction 8,099,815 495,911 155,527 33,197 1,833 423,158 4,333
7 Wholesale and Retail Trade; Car and 16,670,708 17,992 1,030,860 83,861 7,878 464,967 126,718
Motorcycle Repair and Maintenance
8 Transportation and Warehousing 1,567,221 - 61,614 15,565 704 14,079 76
9 Hotel and Food & Beverage 1,477,314 - 48,254 9,203 190,770 35,808 5,245
10 Information and Communication 1,712,462 - 4,732 8,903 2,731 15,551 2,063
11 Financial and Insurance Activities 76,391,753 - 129,050 41,884 1,195 2,879 -
12 Real Estate 4,696,215 - - 25,145 10,538 22,171 -
13 Professional, Scientific, and Technical 719,493 - - 2,569 311 7,958 9,955
Activities
14 Leasing and Leasing Without Option 1,593,582 - - 13,274 - 4,334 1,784
Right, Employment, Travel Agencies,
and Other Business Support Activities
15 Public Administration, Defense and 8,634 - 23,461 44 - - -
Compulsory
Social Security
16 Education Services 35,960 - - 93 49 - 1,376
17 Human Health and Social Work 232,444 - - 1,817 - - -
Activities
18 Art, Entertainment, and Leisure 129,919 - - 360 - 2,966 2,091
Activities
19 Other Service Activities 66,678 - 2 145 - 1,783 -
20 Household Activities as Employer; - - - - - - -
Activities which
Generate Products or Services by
Household, Use
for Fulfilling Self-Needs
21 International institution and Other - - - - - - -
Extra International Agency Activities
22 Household Activities 31,870,890 - 794,645 237,291 108,194 138,836 289,979
23 Non-Business Field 13,928,840 - 162,605 137,655 45,783 81,152 416,957
24 Others 1,071,613 - - - - 1 -
TOTAL 190,807,804 1,380,753 3,601,139 1,079,193 483,298 2,462,379 936,946
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 373
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03 / F U N C T I O N A L R E V I E W
CRB (B6): MARKET RISK
Disclosure of Receivables by Due Date
1. Bank Only (in million rupiah)
31 December 2025 31 December 2024
Receivables by Due Date Receivables by Due Date
No. Exposure Class
> 90 days > 120 > 90 days > 120
> 180 > 180
to 120 days to Total to 120 days to Total
days days
days 180 days days 180 days
a b c d e f g h i j
1 Credit include to Past Due 1,454,042 157,998 1,973,670 3,585,710 1,054,339 109,929 2,274,266 3,438,534
Receivables
2 Securities include to Past Due - - - - - - - -
Receivables
TOTAL 1,454,042 157,998 1,973,670 3,585,710 1,054,339 109,929 2,274,266 3,438,534
2. Banks Consolidated with Subsidiaries (in million rupiah)
31 December 2025 31 December 2024
Receivables by Due Date Receivables by Due Date
No. Jenis Eksposur
> 90 days > 120 > 90 days > 120
> 180 > 180
to 120 days to Total to 120 days to Total
days days
days 180 days days 180 days
a b c d e f g h i j
1 Credit include to Past Due 1,509,687 247,155 2,015,159 3,772,001 1,112,864 181,322 2,306,953 3,601,139
Receivables
2 Securities include to Past Due - - - - - - - -
Receivables
TOTAL 1,509,687 247,155 2,015,159 3,772,001 1,112,864 181,322 2,306,953 3,601,139
CRB-A (A): MARKET RISK
Additional Disclosure Related to Treatment of Non-Performing Assets
The Bank defines a past due receivable as a bank receivable where the debtor is unable to meet the contractual
payment requirements. Meanwhile, a receivable is impaired when a receivable experiences a significant increase in
credit risk, resulting in objective evidence of impairment, including contractual payment arrears exceeding 90 days, an
internal default rating, collectibility that has reached non-performing loans (NPL), and restructuring due to increased
credit risk.
The Bank defines credit restructuring as including modifications to credit terms, conversion of credit into shares or other
financial instruments, and/or a combination of both.
Gains/losses arising from credit restructuring related to modifications to credit terms are only recognized if the present
value of future cash receipts specified in the new credit terms, including receipts designated as interest or principal, is
greater or less than the recorded value of the credit granted prior to the restructuring.
374 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
CRB-A (B-1): MARKET RISK
Discosure of Performing and Non Performing Asset
1. Bank Only (in million rupiah)
Non Performing
(Substandard, Doubtful, and Loss Quality)
Performing
(Current and Special Impaired
Unimpaired Loss Receivables
Mention Quality) Loss Receivables
Due date > 90 days Due date ≤ 90 days
Allowance
Gross
Allowance for Allowance Allowance
Gross Carrying Gross Gross
for impairment for for
Carrying Value Carrying Carrying
impairment losses impairment impairment
Value Value Value
losses losses losses
a b c d e f g h
1 Securities 44,204,755 4,509 - - - - - -
2 Credit
a. Corporate 73,761,862 1,690,021 1,697,545 773,827 - - - -
b. Retail 32,427,383 330,798 739,123 173,728 - - - -
3 Other Off- Balance Sheet 48,945,883 124,783 18 142 - - - -
TOTAL 199,339,883 2,150,111 2,436,686 947,697 - - - -
2. Banks Consolidated with Subsidiaries (in million rupiah)
Non Performing
(Kualitas KL, D, M)
Performing
Impaired
(Kualitas L dan DPK) Unimpaired Loss Receivables
Loss Receivables
Due date > 90 days Due date ≤ 90 days
Allowance
Gross
Allowance for Allowance Allowance
Gross Carrying Gross Gross
for impairment for for
Carrying Value Carrying Carrying
impairment losses impairment impairment
Value Value Value
losses losses losses
a b c d e f g h
1 Securities 44,204,755 4,509 - - - - - -
2 Credit
a. Corporate 73,560,068 1,690,021 1,697,545 773,827 - - - -
b. Retail 47,463,573 579,629 916,035 265,351 - - - -
3 Other Off- Balance Sheet 48,945,883 124,783 18 142 - - - -
TOTAL 214,174,279 2,398,942 2,613,598 1,039,320 - - - -
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 375
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03 / F U N C T I O N A L R E V I E W
CRB-A (B-2): MARKET RISK
Disclosure of Performing and Non Performing Asset
1. Bank only
Performing Non Performing
(Current and Special Mention (Substandard, Doubtful, and
Quality) Loss Quality)
Allowance Allowance
Gross Gross
for for
Carrying Carrying
impairment impairment
Value Value
losses losses
a b c d
1 Securities 44,204,755 4,509 - -
2 Credit
a. Corporate 73,761,862 1,690,021 1,697,545 773,827
b. Retail 32,427,383 330,798 739,123 173,728
3 Other Off-Balance Sheet 48,945,883 124,783 18 142
TOTAL 199,339,883 2,150,111 2,436,686 947,697
2. Banks Consolidated with Subsidiaries
Performing Non Performing
(Current and Special Mention (Substandard, Doubtful, and
Quality) Loss Quality)
Allowance Allowance
Gross Gross
for for
Carrying Carrying
impairment impairment
Value Value
losses losses
a b c d
1 Securities 44,204,755 4,509 - -
2 Credit
a. Corporate 73,560,068 1,690,021 1,697,545 773,827
b. Retail 47,463,573 579,629 916,035 265,351
3 Other Off-Balance Sheet 48,945,883 124,783 18 142
TOTAL 214,174,279 2,398,942 2,613,598 1,039,320
CRC: MARKET RISK
Qualitative Disclosure related to Risk Management Techniques
In terms of Credit Risk Mitigation, the Bank applies Credit Risk Mitigation Techniques according to the Guidelines for
calculating Risk-Weighted Assets under the Standard Approach, which includes Credit Risk Mitigation in the form of
Collateral, Guarantees, and Guarantees. The types of eligible financial collateral in the Standard Approach Credit Risk
Mitigation Technique are Cash, Gold, Securities issued by the Government of the Republic of Indonesia, Securities rated
by Rating Agencies recognised by Bank Indonesia.
Meanwhile, the Recognised Guarantee Issuers include the Government of Indonesia, Governments of other Countries,
Commercial Banks, and Guarantee or Insurance Financial Institutions with criteria established by the Financial Services
Authority in the Guidelines for calculating Risk-Weighted Assets under the Standard Approach.
376 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
Stage 1 Stage 2 Stage 3
Allowance Allowance Allowance
Gross Gross Gross
for for for
Carrying Carrying Carrying
impairment impairment impairment
Value Value Value
losses losses losses
e f g h i j
- - - - - -
68,517,743 338,625 3,108,941 191,694 3,832,723 1,933,529
31,721,997 234,829 675,164 93,126 769,345 176,571
48,480,464 124,783 465,167 - 269 -
148,720,204 698,237 4,249,272 284,820 4,602,337 2,110,100
(in million rupiah)
Stage 1 Stage 2 Stage 3
Allowance Allowance Allowance
Gross Gross Gross
for for for
Carrying Carrying Carrying
impairment impairment impairment
Value Value Value
losses losses losses
e f g h i j
- - - - - -
68,315,949 338,625 3,108,941 191,694 3,832,723 1,933,529
46,363,978 417,093 1,058,436 154,214 957,195 273,673
48,480,464 124,783 465,167 - 269 -
163,160,391 880,501 4,632,544 345,908 4,790,187 2,207,202
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 377
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03 / F U N C T I O N A L R E V I E W
CRD: MARKET RISK
Disclosure on the Use of External Credit Ratings
In accordance with the Guidelines for Calculating Risk-Weighted Assets for Credit Risk using the Standardized Approach,
the Bank applies risk weighting for each asset classification or specific portfolio category based on external ratings
obtained from external Rating Agencies. The Bank has internal policies that regulate the Rating Agencies and External
Ratings recognized by the Financial Services Authority (OJK) as well as the procedures for using such ratings. The
Bank uses external ratings obtained from the following external Rating Agency namely PT Pemeringkat Efek Indonesia
(Pefindo).
Portfolio categories that use ratings include, among others: Claims on Governments of Other Countries, Claims on Public
Sector Entities, Claims on Banks, Claims on Securities Companies and Other Financial Services Institutions, and Claims
on Corporations.
CR3: MARKET RISK
Disclosure of Quantitative Related to Credit Risk Mitigation Techniques
1. Bank Only (in million rupiah)
December 2025
Secured
Secured
Receivables Secured
Receivables Secured
Unsecured by Warranty, Receivables by
by Credit Risk Receivables by
Receivables Guarantee, and/ Credit
Mitigation Collateral
or Derivatives
Techniques
Credit Insurance
a b c d e
1 Credit 96,479,583 8,742,596 8,690,103 52,493
2 Securities 31,863,744 891 891 0
3 TOTAL 128,343,327 8,743,487 8,690,994 52,493
4 Past Due Credit and 1,507,851 100 100 0
Securities
December 2024
Secured
Secured
Receivables Secured
Receivables Secured
Unsecured by Warranty, Receivables by
by Credit Risk Receivables by
Receivables Guarantee, and/ Credit
Mitigation Collateral
or Derivatives
Techniques
Credit Insurance
a b c d e
1 Credit 101,993,694 7,752,530 7,752,530 0
2 Securities 25,985,800 183 183 0
3 TOTAL 127,979,494 7,752,713 7,752,713 0
4 Past Due Credit and 1,648,083 100 100 0
Securities
378 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
2. Bank Consolidated with Subsidiaries (in million rupiah)
December 2025
Secured
Secured
Receivables Secured
Receivables Secured
Unsecured by Warranty, Receivables by
by Credit Risk Receivables by
Receivables Guarantee, and/ Credit
Mitigation Collateral
or Derivatives
Techniques
Credit Insurance
a b c d e
1 Credit 111,249,602 8,742,596 8,690,103 52,493
2 Securities 31,792,692 891 891 0
3 TOTAL 143,042,294 8,743,487 8,690,994 52,493
4 Past Due Credit and 1,593,139 100 100 0
Securities
December 2024
Secured
Secured
Receivables Secured
Receivables Secured
Unsecured by Warranty, Receivables by
by Credit Risk Receivables by
Receivables Guarantee, and/ Credit
Mitigation Collateral
or Derivatives
Techniques
Credit Insurance
a b c d e
1 Credit 115,716,761 7,752,530 7,752,530 0
2 Securities 25,860,606 183 183 0
3 TOTAL 141,577,367 7,752,713 7,752,713 0
4 Past Due Credit and 1,724,698 100 100 0
Securities
3. Additional Disclosure
Regarding the use of Credit Risk Mitigation (CRM) Techniques, the Bank has implemented Collateral CRM Techniques
using a simple approach for credit exposures and securities. There have been changes to Guaranteed Receivables
with Guarantees, Sureties and/or Credit Insurance in asset position exposures in financial statements and an
increase in receivables secured by collateral.
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 379
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03 / F U N C T I O N A L R E V I E W
CR4: MARKET RISK
Disclosure of Credit Risk Exposure and Credit Risk Mitigation Techniques Impact
1. Bank Only (in million rupiah)
December 2025
Net Receivable before Credit Net Receivable after Credit
Conversion Factor and Conversion Factor and RWA and
Credit Credit Risk Weight Average
Risk Mitigation Techniques Risk Mitigation Techniques
Portfolio Category
Off- Off- Risk Weight
Balance Balance
Balance Balance RWA Average
Sheet Sheet
Sheet Sheet (e/(c+d))
a b c d e f
1 Receivables on Sovereigns 43,359,463 0 43,359,463 0 98,945 0,23%
2 Receivables to Public Sector 8,691,859 4,010,830 8,691,859 965,633 2,998,688 31,05%
Entities
3 Receivables to Multilateral 0 0 0 0 0
Development Banks and
International Institutions
4 Receivables on Banks 9,519,822 2,994,101 9,167,828 1,082,683 3,310,865 32,30%
Receivables to Securities 9,417,249 4,220,216 9,417,249 456,022 2,883,348 29,20%
Companies and Other
Financial Services Institutions
5 Receivables by Covered Bond 0 0 0 0 0
6 Receivables to Corporates - 25,780,353 19,206,920 20,246,656 4,256,253 22,266,211 90,87%
General Corporates Exposure
Receivables to Securities 0 0 0 0 0
Companies and Other
Financial Services Institutions
Special Financing Exposure 253,529 80,993 253,529 8,099 340,116 130,00%
7 Receivables in the Form of 36,939 0 36,939 0 50,495 136,70%
Subordinated Securities, Equity,
and
Other Capital Instruments
8 Receivables on Micro Business, 17,189,404 6,051,277 14,612,255 742,494 11,361,696 73,99%
Small Business and Retail
Portfolio
9 Loans Secured by Residential
Property
Loans Secured by Residential 19,577,782 1,575,856 19,552,568 161,250 10,586,671 53,70%
Property which is Not Materially
Dependent on Property Cash
Flow
Loans Secured by Residential 319,884 18,059 319,884 1,806 404,698 125,80%
Property which is Materially
Dependent on Property Cash
Flow
Loans Secured by Commercial 24,352,802 10,458,690 24,273,268 1,051,654 22,064,294 87,12%
Real Estate which is Not
Materially
Dependent on Property Cash
Flow
Loans Secured by Commercial 1,965,564 314,117 1,770,231 37,376 1,817,825 100,57%
Real Estate which is Materially
Dependent on Property Cash
Flow
10 Past Due Receivables 1,529,517 15 1,529,417 2 1,530,776 100,09%
11 Other Assets 8,597,280 0 8,597,280 0 7,163,372 83,32%
TOTAL 170,591,447 48,931,074 161,828,426 8,763,271 86,878,000 50,93%
380 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
December 2024
Net Receivable before Credit Net Receivable after Credit
Conversion Factor and Conversion Factor and RWA and
Credit Credit Risk Weight Average
Risk Mitigation Techniques Risk Mitigation Techniques
Portfolio Category
Off- Off- Risk Weight
Balance Balance
Balance Balance RWA Average
Sheet Sheet
Sheet Sheet (e/(c+d))
a b c d e f
1 Receivables on Sovereigns 47,552,724 0 47,552,724 0 111,044 0.23%
2 Receivables to Public Sector 8,954,785 4,981,292 8,954,785 935,353 3,345,798 33.83%
Entities
3 Receivables to Multilateral 0 0 0 0 0 0.00%
Development Banks and
International Institutions
4 Receivables on Banks 10,961,943 1,029,547 10,650,240 139,540 3,789,521 35.12%
Receivables to Securities 12,254,297 7,203,414 12,247,297 810,341 3,235,050 24.78%
Companies and Other
Financial Services Institutions
5 Receivables by Covered Bond 0 0 0 0 0 0.00%
6 Receivables to Corporates - 26,391,755 18,941,078 21,199,080 3,218,310 22,242,889 91.09%
General Corporates Exposure
Receivables to Securities 0 0 0 0 0 0.00%
Companies and Other
Financial Services Institutions
Special Financing Exposure 0 0 0 0 0 0.00%
7 Receivables in the Form of 35,677 0 35,677 0 48,486 135.90%
Subordinated Securities, Equity,
and
Other Capital Instruments
8 Receivables on Micro Business, 15,635,418 6,461,940 13,457,317 736,451 10,285,223 72.46%
Small Business and Retail
Portfolio
9 Loans Secured by Residential
Property
Loans Secured by Residential 19,667,792 1,937,466 19,650,714 198,325 11,288,870 56.87%
Property which is Not Materially
Dependent on Property Cash
Flow
Loans Secured by Residential 348,729 26,161 348,729 2,616 430,411 122.50%
Property which is Materially
Dependent on Property Cash
Flow
Loans Secured by Commercial 23,177,195 10,455,723 23,087,229 1,046,710 20,799,533 86.18%
Real Estate which is Not
Materially
Dependent on Property Cash
Flow
Loans Secured by Commercial 3,202,754 437,122 3,202,754 45,302 3,193,887 98.33%
Real Estate which is Materially
Dependent on Property Cash
Flow
10 Past Due Receivables 1,668,897 191 1,668,797 19 1,715,839 102.82%
11 Other Assets 8,750,004 0 8,750,004 0 7,250,291 82.86%
TOTAL 178,601,970 51,473,934 170,805,347 7,132,967 87,736,841 49.31%
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 381
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03 / F U N C T I O N A L R E V I E W
2. Bank Consolidated with Subsidiaries (in million rupiah)
December 2025
Net Receivable before Credit Net Receivable after Credit
RWA and
Conversion Factor and Credit Conversion Factor and Credit
Risk Weight Average
Risk Mitigation Techniques Risk Mitigation Techniques
Portfolio Category
Off- Off- Risk Weight
Balance Balance
Balance Balance RWA Average
Sheet Sheet
Sheet Sheet (e/(c+d))
a b c d e f
1 Receivables on Sovereigns 43,359,463 0 43,359,463 0 98,945 0.23%
2 Receivables to Public Sector Entities 8,691,859 4,010,830 8,691,859 965,633 2,998,688 31.05%
3 Receivables to Multilateral 0 0 0 0 0
Development Banks and International
Institutions
4 Receivables on Banks 9,685,321 2,994,101 9,333,327 1,082,683 3,348,479 32.15%
Receivables to Securities Companies 9,143,067 4,220,216 9,143,067 456,022 2,717,793 28.31%
and Other Financial Services
Institutions
5 Receivables by Covered Bond 0 0 0 0 0
6 Receivables to Corporates - General 29,966,929 19,206,920 24,433,232 4,256,253 26,452,787 92.20%
Corporates Exposure
Receivables to Securities Companies 0 0 0 0 0
and Other Financial Services
Institutions
Special Financing Exposure 253,529 80,993 253,529 8,099 340,116 130.00%
7 Receivables in the Form of 196,443 0 196,443 0 289,751 147.50%
Subordinated Securities, Equity, and
Other Capital Instruments
8 Receivables on Micro Business, Small 27,984,255 6,051,277 25,407,106 742,494 19,519,196 74.64%
Business and Retail Portfolio
9 Loans Secured by Residential Property
Loans Secured by Residential Property 19,577,782 1,575,856 19,552,568 161,250 10,586,671 53.70%
which is Not Materially Dependent on
Property Cash Flow
Loans Secured by Residential 319,884 18,059 319,884 1,806 404,698 125.80%
Property which is Materially
Dependent on Property Cash Flow
Loans Secured by Commercial 24,352,802 10,458,690 24,273,268 1,051,654 22,064,294 87.12%
Real Estate which is Not Materially
Dependent on Property Cash Flow
Loans Secured by Commercial 1,965,564 314,117 1,770,231 37,376 1,817,825 100.57%
Real Estate which is Materially
Dependent on Property Cash Flow
10 Past Due Receivables 1,605,904 15 1,605,804 2 1,598,105 99.52%
11 Other Assets 9,065,280 0 9,065,280 0 7,651,474 84.40%
TOTAL 186,168,082 48,931,074 177,405,061 8,763,271 99,888,822 53.66%
3. Additional Disclosure
In accordance with OJK Regulation No. 24/SEOJK.03/2021 regarding the calculation of Risk-Weighted Assets for Credit
Risk using the Standard Approach, in terms of TRA exposure converted into equivalent credit exposure using FKK as
follows:
- FKK 10%, Commitments that the Bank can cancel without notice, or can automatically cancel commitments if
there is a deterioration in the borrower’s quality.
- FKK 20%, Commitment obligations in the form of L/C (except SBLC).
- FKK 40%, Commitments regardless of the underlying facility’s term.
- FKK 50%, Contingent liabilities in the form of guarantees issued not in connection with credit granting such as bid
bonds, performance bonds, or advance payment bonds.
382 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
December 2024
Net Receivable before Credit Net Receivable after Credit
RWA and
Conversion Factor and Credit Conversion Factor and Credit
Risk Weight Average
Risk Mitigation Techniques Risk Mitigation Techniques
Portfolio Category
Off- Off- Risk Weight
Balance Balance
Balance Balance RWA Average
Sheet Sheet
Sheet Sheet (e/(c+d))
a b c d e f
1 Receivables on Sovereigns 47,552,724 0 47,552,724 0 111,044 0.23%
2 Receivables to Public Sector Entities 8,954,785 4,981,292 8,954,785 935,353 3,345,798 33.83%
3 Receivables to Multilateral 0 0 0 0 0 0.00%
Development Banks and International
Institutions
4 Receivables on Banks 11,143,578 1,029,547 10,831,875 139,540 3,826,093 34.87%
Receivables to Securities Companies 11,925,369 7,203,414 11,918,369 810,341 3,169,099 24.90%
and Other Financial Services
Institutions
5 Receivables by Covered Bond 0 0 0 0 0 0.00%
6 Receivables to Corporates - General 29,947,710 18,941,078 24,755,035 3,218,310 25,798,844 92.23%
Corporates Exposure
Receivables to Securities Companies 0 0 0 0 0 0.00%
and Other Financial Services
Institutions
Special Financing Exposure 0 0 0 0 0 0.00%
7 Receivables in the Form of 195,181 0 195,181 0 287,742 147.42%
Subordinated Securities, Equity, and
Other Capital Instruments
8 Receivables on Micro Business, Small 26,005,821 6,461,940 23,827,720 736,451 18,148,744 73.88%
Business and Retail Portfolio
9 Loans Secured by Residential Property
Loans Secured by Residential Property 19,667,792 1,937,466 19,650,714 198,325 11,288,870 56.87%
which is Not Materially Dependent on
Property Cash Flow
Loans Secured by Residential 348,729 26,161 348,729 2,616 430,411 122.50%
Property which is Materially
Dependent on Property Cash Flow
Loans Secured by Commercial 23,177,195 10,455,723 23,087,229 1,046,710 20,799,533 86.18%
Real Estate which is Not Materially
Dependent on Property Cash Flow
Loans Secured by Commercial 3,202,754 437,122 3,202,754 45,302 3,193,887 98.33%
Real Estate which is Materially
Dependent on Property Cash Flow
10 Past Due Receivables 1,745,512 191 1,745,412 19 1,782,985 102.15%
11 Other Assets 9,236,277 0 9,236,277 0 7,753,719 83.95%
TOTAL 193,103,427 51,473,934 185,306,804 7,132,967 99,936,768 51.93%
- FKK 100%, Guarantees issued in connection with credit granting or takeover of default risk, guarantees, SBLC,
acceptances, or TRA which are credit substitutes.
The CKPN considered for the calculation of net billings as referred to, is CKPN for assets identified as experiencing
impairment, namely CKPN in stage 2 (fair assets) and stage 3 (poor assets) in accordance with financial accounting
standards regarding financial instruments.
Regarding the use of CRM Techniques, the Bank has implemented Collateral CRM Techniques with a simple
approach, for the asset position exposure in the financial statements as well as commitment obligations or
contingent liabilities on TRA.
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 383
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03 / F U N C T I O N A L R E V I E W
CR5: MARKET RISK
Disclosure of Exposure Based On Asset Class and Weight Risk
1. Bank Only
Portfolio Category 0% 20%
1 Receivables on Sovereigns 43,161,573 0
Portfolio Category 20% 50%
2 Receivables on Public Sector Entities 8,209,168 4,493,522
Portfolio Category 0% 20%
3 Receivables on Multilateral Development Banks 0 0
and International Institutions
Portfolio Category 20% 30% 40% 50%
4 Receivables on Banks 7,177,388 1,264,894 8,142 1,975,798
Receivables to Securities Companies and Other 9,243,383 1,266,001 0 310,771
Financial Services Institutions
Portfolio Category 10% 15% 20% 25%
5 Receivables by Covered Bond 0 0 0 0
Portfolio Category 20% 50% 75% 80%
6 Receivables on Corporate - General Corporate 3,307,397 2,326,347 2,742,658 0
Exposure
Receivables to Securities Companies and Other 0 0 0
Financial Services Institutions
Special Financing Exposure 0 0 0
Portfolio Category 100%
7 Receivables in the Form of Subordinated 27,902
Securities, Equity, and Other Capital Instruments
Portfolio Category 45% 75%
8 Receivables on Micro, Small Business & Retail 3,241,131 17,349,632
Portfolio
Portfolio Category 20% 25% 30% 35% 40% 45% 50% 60%
9 Loans Secured by Residential Property
Loans Secured by Residential Property which is 1,811,967 1,304,197 4,460,176 1,075,195 955,602
Not Materially Dependent on Property Cash Flow
Loans Secured by Commercial Real Estate which 46,546 0 11,050 4,012
is Not Materially Dependent on Property Cash
Flow
Loans Secured by Residential Property which is 0 0 0 0 3,168,902
Materially Dependent on Property Cash Flow
Loans Secured by Commercial Real Estate which
is Materially Dependent on Property Cash Flow
Special Financing Exposure
384 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
Net Receivable after Credit Conversion
50% 100% 150% Others Factor and Credit Risk Mitigation
Techniques
197,890 0 0 0 43,359,463
Net Receivable after Credit Conversion
100% 150% Others Factor and Credit Risk Mitigation
Techniques
0 0 0 9,657,492
Net Receivable after Credit Conversion
30% 50% 100% 150% Others Factor and Credit Risk Mitigation
Techniques
0 0 0 0 0 0
Net Receivable after Credit Conversion
75% 100% 150% Others Factor and Credit Risk Mitigation
Techniques
2,080,480 7,221 0 0 10,250,511
2,817,310 0 0 0 9,873,271
Net Receivable after Credit Conversion
35% 50% 100% Others Factor and Credit Risk Mitigation
Techniques
0 0 0 0 0
Net Receivable after Credit Conversion
85% 100% 130% 150% Others Factor and Credit Risk Mitigation
Techniques
4,905,013 31,705,858 0 24,502,909
0 0 0 0
679,874 0 0 0 617,157
Net Receivable after Credit Conversion
150% 250% Others Factor and Credit Risk Mitigation
Techniques
0 9,037 0 36,939
Net Receivable after Credit Conversion
85% 100% Others Factor and Credit Risk Mitigation
Techniques
127,647 2,522,272 0 15,354,749
Net Receivable after Credit Conversion
70% 75% 85% 90% 100% 105% 110% 150% Others Factor and Credit Risk Mitigation
Techniques
4,245,045 6,941,269 251,913 108,275 0 0 19,713,818
0 38,571 237,764 0 321,690
5,676,068 11,536,643 14,429,879 0 0 25,324,922
940,638 156,700 786,019 396,322 0 1,807,607
0 0 0 0
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 385
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03 / F U N C T I O N A L R E V I E W
Portfolio Category 50%
10 Past Due Receivables 220,176
Portfolio Category 0% 20%
11 Other Assets 1,760,046 0
No Weight Risk On Balance Sheet Net Receivable
1 < 40% 73,594,247
2 40% - 70% 14,111,409
3 75% 30,324,773
4 85% 11,110,808
5 90% - 100% 39,116,574
6 105% - 130% 879,507
7 150% 1,445,087
8 250% 9,037
9 400%
10 1.250%
11 TOTAL NET RECEIVABLE 170,591,442
2. Bank Consolidated with Subsidiaries
0% 20%
Portfolio Category
1 Receivables on Sovereigns 43,161,573 0
20% 50%
Portfolio Category
2 Receivables on Public Sector Entities 8,209,168 4,493,522
0% 20%
Portfolio Category
3 Receivables on Multilateral Development Banks 0 0
and International Institutions
20% 30% 40% 50%
Portfolio Category
4 Receivables on Banks 7,328,358 1,264,894 8,142 1,989,704
Receivables to Securities Companies and Other 9,170,507 1,266,001 0 310,771
Financial Services Institutions
10% 15% 20% 25%
Portfolio Category
5 Receivables by Covered Bond 0 0 0 0
20% 50% 75% 80%
Portfolio Category
6 Receivables on Corporate - General Corporate 3,307,397 2,326,347 2,742,658 0
Exposure
Receivables to Securities Companies and Other 0 0 0
Financial Services Institutions
Special Financing Exposure 0 0 0 0
100%
Portfolio Category
7 Receivables in the Form of Subordinated 27,902
Securities, Equity, and Other Capital Instruments
386 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
Net Receivable after Credit Conversion
100% 150% Others Factor and Credit Risk Mitigation
Techniques
1,086,491 222,865 0 1,529,419
Net Receivable after Credit Conversion
100% 150% Others Factor and Credit Risk Mitigation
Techniques
6,184,958 652,276 0 8,597,280
Credit
Net Receivable after Credit Conversion
Off Balance Sheet Net Receivable Conversion
Factor and Credit Risk Mitigation
(before Credit Conversion Factor) Factor
Techniques
Average
9,418,488 21,17% 75,559,538
9,062,811 17,37% 15,257,738
7,282,644 11,79% 30,347,526
5,710,407 28,54% 10,189,348
17,112,979 20,55% 36,863,574
279,605 10,00% 907,468
64,140 19,30% 1,457,465
0 0,00% 9,037
0 0,00% 0
0 0,00% 0
48,931,074 170,591,694
(in million rupiah)
50% 100% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
197,890 0 0 0 43,359,463
100% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
0 0 0 9,657,492
30% 50% 100% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
0 0 0 0 0 0
75% 100% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
2,081,103 0 0 0 10,416,010
2,616,004 0 0 9,599,089
35% 50% 100% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
0 0 0 0 0
85% 100% 130% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
4,905,013 35,892,434 0 0 0 28,689,485
0 0 , 0 0
0 334,522 0 0 261,628
150% 250% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
159,504 9,037 0 196,443
PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025 387
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03 / F U N C T I O N A L R E V I E W
45% 75%
Portfolio Category
8 Receivables on Micro, Small Business & Retail 3,241,131 27,899,038
Portfolio
20% 25% 30% 35% 40% 45% 50% 60%
Portfolio Category
9 Loans Secured by Residential Property
Loans Secured by Residential Property which is 1,811,967 1,304,197 4,460,176 1,075,195 955,602
Not Materially Dependent on Property Cash Flow
Loans Secured by Commercial Real Estate which 46,546 0 11,050 4,012
is Not Materially Dependent on Property Cash
Flow
Loans Secured by Residential Property which is 0 0 0 0 3,168,902
Materially Dependent on Property Cash Flow
Loans Secured by Commercial Real Estate which
is Materially Dependent on Property Cash Flow
Special Financing Exposure
50%
Portfolio Category
10 Past Due Receivables 238,292
0% 20%
Portfolio Category
11 Other Assets 1,766,085 0
No Weight Risk On Balance Sheet Net Receivable
1 < 40% 73,678,380
2 40% - 70% 14,143,431
3 75% 40,673,495
4 85% 11,110,808
5 90% - 100% 44,016,544
6 105% - 130% 879,507
7 150% 1,656,873
8 250% 9,037
9 400% 0
10 1.250% 0
11 TOTAL NET RECEIVABLE 186,168,075
3. Additional Disclosure
In accordance with OJK Regulation No. 24/SEOJK.03/2021 regarding the calculation of Risk-Weighted Assets for Credit Risk using the
Standard Approach, in terms of TRA exposure converted into equivalent credit exposure using FKK as follows:
- FKK 10%, Commitments that the Bank can cancel without notice, or can automatically cancel commitments if there is a
deterioration in the borrower’s quality.
- FKK 20%, Commitment obligations in the form of L/C (except SBLC).
- FKK 40%, Commitments regardless of the underlying facility’s term.
- FKK 50%, Contingent liabilities in the form of guarantees issued not in connection with credit granting such as bid bonds,
performance bonds, or advance payment bonds.
- FKK 100%, Guarantees issued in connection with credit granting or takeover of default risk, guarantees, SBLC, acceptances, or TRA
which are credit substitutes.
The CKPN considered for the calculation of net billings as referred to, is CKPN for assets identified as experiencing impairment, namely
CKPN in stage 2 (fair assets) and stage 3 (poor assets) in accordance with financial accounting standards regarding financial
instruments.
Regarding the use of CRM Techniques, the Bank has implemented Collateral CRM Techniques with a simple approach, for the asset
position exposure in the financial statements as well as commitment obligations or contingent liabilities on TRA
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85% 100% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
127,647 2,767,717 0 26,149,600
70% 75% 85% 90% 100% 105% 110% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
4,245,045 6,941,269 251,913 108,275 0 0 19,713,818
0 38,571 237,764 0 321,690
5,676,068 11,536,643 14,429,879 0 0 25,324,922
940,638 156,700 786,019 396,322 0 1,807,607
0 0 0 0
100% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
1,144,762 222,865 0 1,605,806
100% 150% Net Receivable after Credit Conversion
Others Factor and Credit Risk Mitigation
Techniques
6,594,637 704,558 0 9,065,280
Credit
Net Receivable after Credit Conversion
Off Balance Sheet Net Receivable Conversion
Factor and Credit Risk Mitigation
(before Credit Conversion Factor) Factor
Techniques
Average
9,418,488 21,17% 75,643,671
9,062,811 17,37% 15,289,760
7,282,644 11,79% 40,696,248
5,710,407 28,54% 10,189,348
17,112,979 20,55% 41,763,544
279,605 10,00% 907,468
64,140 19,30% 1,669,251
0 0,00% 9,037
0 0,00% 0
0 0,00% 0
48,931,074 186,168,327
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CCP: EXPOSURE REPORT RELATED TO TRANSACTION WITH CCP
(in million rupiah)
December 2025 December 2024
Net Receivable RWA Net Receivable RWA
1 Total Exposure to QCCP 49,387 633 12,068 112
2 Transaction involving exposure with QCCP 3,102 62 532 11
(excluding initial margin and default fund contribution)
(i) OTC derivative 3,102 62 532 11
(ii) Derivative transactions through market 0 0 0 0
(iii) securities financing transactions 0 0 0 0
(iv) netting set (regarding netting of cross-product is 0 0 0 0
allowed)
3 Segregated initial margin 17,717 6,504
4 Nonsegregated initial margin 0 0 0 0
5 Prefunded default fund contribution 28,568 571 5,032 101
6 Unfunded default fund contribution 0 0 0 0
7 Total Exposure to Non-QCCP 0 0 0 0
8 Transaction involving exposure through nonQCCP 0 0 0 0
(excluding initial margin and default fund contribution)
(i) OTC derivative 0 0 0 0
(ii) Derivative transactions through market 0 0 0 0
(iii) securities financing transactions 0 0 0 0
(iv) netting set (regarding netting of cross-product is 0 0 0 0
allowed)
9 Segregated initial margin 0 0
10 Nonsegregated initial margin 0 0 0 0
11 Prefunded default fund contribution 0 0 0 0
12 Unfunded default fund contribution 0 0 0 0
13 Total Exposure to QCCP and Non-QCCP 49,387 633 12,068 112
MRA: Market risk
Qualitative Disclosure related to Market Risk in General (MRA)
RISK MANAGEMENT IMPLEMENTATION REPORT The Bank’s Trading Book comprises all financial instrument
FOR MARKET RISK positions on the balance sheet and off-balance sheet
In general, the Bank defines market risk as the risk to accounts, including derivative transactions, held by the
balance sheet positions and off-balance-sheet accounts, Bank for:
including derivative transactions, arising from changes a. Trading purposes and freely transferable or fully
in market conditions, including changes in option prices. hedged, whether for proprietary transactions, at the
Risks included in the scope of market risk include at least: request of clients, or through brokerage activities, and
a. Default risk, interest rate risk, credit spread risk, equity for market-making purposes, including:
risk, exchange rate risk, and commodity risk for Trading 1) positions held for short-term resale;
Book instruments; and 2) positions held for the purpose of obtaining actual
b. Exchange rate risk and commodity risk for Banking and/or potential short-term profits from price
Book instruments. movements; or
Currently, the Bank does not have equity risk or
commodity risk, either individually or on a consolidated
basis with its subsidiaries.
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3) positions held for the purpose of locking in c. Instruments resulting from underwriting commitments,
arbitrage profits; where underwriting commitments refer only to the
b. Hedging other positions in the Trading Book. underwriting of securities and relate only to securities
expected to be actually purchased by the Bank on the
All trading activities are conducted by the Bank to settlement date.
generate income or profit.
Any instrument not held for trading purposes at the
Market risk management in the Trading Book begins inception of the transaction, or not included in the
with establishing governance structures appropriate to instruments referred to above, is considered to be part of
the Bank’s characteristics and complexity. Centrally, the the Banking Book.
authority to manage market activities and risks in the
Trading Book falls under the supervision of the Assets The Bank also has a policy governing the separation
& Liabilities Committee (ALCO), which is implemented of the Trading Book and Banking Book, whereby each
daily by the Global Market work unit. To support the ALCO transaction must be clearly recognized as either the
function, the unit specifically responsible for managing Trading Book or the Banking Book from the moment it
market risk in the Trading Book is the Market, Liquidity & is recorded in accordance with PSAK 71. Reclassification
Treasury Credit Risk Management (MLTCRM) work unit. of Trading Book positions from or to the Banking Book
It is responsible for developing policies, procedures, may be performed if, and only if, there is a change in
measurement methodologies, and monitoring and the business model for managing financial assets. Such
reporting market risk exposures in the Trading Book, as changes are expected to be very rare and, if they occur,
well as monitoring the implementation and compliance must be determined by the Bank’s senior management,
with established policies. To complement governance, be significant to its operations, and be demonstrable to
the Internal Audit unit periodically assesses the adequacy external parties. The Bank will ensure that, if there is a
of the overall market risk management process in the change in its business model for managing its financial
Trading Book. The Bank has a policy governing the assets, it will reclassify the affected financial assets from/
scope of trading activities, which includes all positions in to the Trading Book.
financial instruments held in accordance with the trading
objectives and strategies of the business unit, or including To manage market risk in the Trading Book, the Bank
the following instruments assumed to be held for trading adopts several measurement techniques to accurately
purposes, unless legally prohibited or included in the quantify market risk exposure in the Trading Book,
Banking Book: namely: Value at Risk (VaR), Present Value of One Basis
a. Instruments held as assets or liabilities are treated as Point (PV01), Year-to-Date (YtD) and Month-to-Date
trading under accounting standards. (MtD) Stop Loss, Foreign Exchange Net Open Position
b. Instruments derived from market-making activities. (FX NOP), Greeks (such as Delta, Gamma, and Vega),
c. Equity investments in funds that meet the Back Testing, Jump to Default (JTD), Credit Spread of
requirements. One Basis Point (CS01), Fixed Income Holding Period, and
d. Equity listed on an exchange. Stress Testing. In its day-to-day management, the Bank
e. Repo transactions related to trading. has also established various limits to be periodically
f. Option rights, including embedded derivatives, of monitored and reported to management, including the
instruments issued from the Banking Book and related VaR limit, YtD Stop Loss Limit, MtD Stop Loss Limit, FX NOP
to credit risk or equity risk. Limit, PV01 Limit, IR and FX Vega Limit, JTD Limit, CS01 Limit,
and Maximum Fixed Income Holding Period Limit. The risk
In addition, each of the following instruments, unless exposure measurement process is conducted through
legally impeded or included in instruments categorized as the front-office system, Kondor+, and the middle-office
Banking Book, is deemed to be held for at least one of the system, Fusion Risk (FR). Regarding the calculation of the
Trading Book purposes and therefore must be categorized minimum capital requirement, taking into account market
in the Trading Book: risk, both individually and consolidated with subsidiaries,
a. Instruments in the correlation trading portfolio. the Bank uses the standard method as stipulated in the
b. Instruments that would create a net short position in Financial Services Authority Circular Letter concerning
credit or equity in the Banking Book. the Calculation of Risk-Weighted Assets for Market Risk
for Commercial Banks, which is conducted using the
Sensitivity-Based, Default Risk Capital (DRC), and Credit
Valuation Adjustment (CVA) methods.
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MR1: DISCLOSURE OF ATMR FOR MARKET RISK USING THE STANDARDIZED APPROACH (MR1)
1. Bank as Individual
Standard Standard
Approach Capital Approach
Risk Expense Capital Charges
December 2025 December 2024
Position Position
GIRR Risk 55,062 36,355
Non securitisation CSR Risk 18,767 14,953
Non-CTP securitisation CSR Risk - -
CTP securitisation CSR Risk - -
Equity Risk - -
Commodity Risk - -
Forex Risk 89,834 123,670
DRC - non-securitisation - -
DRC - non-CTP securitisation - -
DRC - CTP securitisation - -
RRAO - -
TOTAL 163,663 174,977
*) Note: Calculation of capital expense using the standard approach (based on OJK Circular Letter No. 23/SEOJK.03/2022) has been in
effect since January 1, 2024.
2. Bank consolidated with subsidiary entities
Standard Standard
Approach Approach
Risk Capital Expense Capital Charges
December 2025 December 2024
Position Position
GIRR Risk 55,062 36,355
Non securitisation CSR Risk 18,767 14,953
Non-CTP securitisation CSR Risk - -
CTP securitisation CSR Risk - -
Equity Risk - -
Commodity Risk - -
Forex Risk 90,032 122,121
DRC - non-securitisation - -
DRC - non-CTP securitisation - -
DRC - CTP securitisation - -
RRAO - -
TOTAL 163,861 173,429
*) Note: Calculation of capital expense using the standard approach (based on OJK Circular Letter No. 23/SEOJK.03/2022) has been in
effect since January 1, 2024.
3. Additional disclosure
The calculation of capital charges using the standardized approach refers to SEOJK NUMBER 23/SEOJK.03/2022
concerning the Calculation of Risk-Weighted Assets for Market Risk for Commercial Banks. The Bank’s Market Risk
RWA decreased, primarily driven by foreign exchange risk exposure due to a reduction in the Net Open Position
(NOP), despite increases in GIRR (General Interest Rate Risk) and CSR (Credit Spread Risk) exposures caused by
higher positions in securities and derivative transactions (CCS and IRS).
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CVAA: QUALITATIVE INFORMATION RELATED TO CREDIT VALUATION ADJUSTMENT (CVAA)
CVA risk is the risk of loss arising from changes in CVA value due to changes in counterparty credit spreads and Market
Risk factors that affect derivative transaction prices and securities financing transactions (SFT). In managing CVA risk,
the Bank has identified, measured, monitored, and controlled CVA risk well. The Bank periodically monitors CVA risk and
submits CVA risk reports to management and regulators.
Currently, the Bank uses a simplified BA-CVA method to determine the amount of CVA. CVA calculations include
all derivative transactions except those made directly with qualified central counterparties (QCCPs), or derivative
transactions that are made indirectly with QCCPs but the Bank is a clearing member customer or a lower level client
in a multi-level client structure and all SFTs (including repo and reverse repo) that are fairly valued by the Bank for
accounting purposes. The Bank now also has an information system in the CVA measurement process.
CVA1: SIMPLIFIED BA-CVA
1. Bank as Individual
RWA
Component
BA-CVA
a b
Aggregation of systematic components of CVA risk 393,480
Aggregation of idiosyncratic components of CVA risk 186,722
TOTAL 2,069,173
2. Bank consolidated with subsidiary entities
RWA
Component
BA-CVA
a b
Aggregation of systematic components of CVA risk 393,480
Aggregation of idiosyncratic components of CVA risk 186,722
TOTAL 2,069,173
3. Additional disclosure
The CVA Disclosure Report uses the simplified BA-CVA (Basic Approach for Credit Valuation Adjustment) in
accordance with SEOJK NUMBER 23/SEOJK.03/2022 concerning the Calculation of Risk-Weighted Assets for Market
Risk for Commercial Banks. The Bank’s BA-CVA as of the December 2025 position primarily originates from derivative
transactions with companies in the basic materials, energy, industrials, agriculture, manufacturing, mining, and
quarrying sectors.
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JJ.1: RISK MANAGEMENT IMPLEMENTATION REPORT FOR INTEREST RATE RISK IN BANKING BOOK
(INTEREST RATE RISK IN THE BANKING BOOK/IRRBB)
Name : PT Bank Maybank Indonesia. Tbk. (Individual)
Report Position : December 2024
QUALITATIVE ANALYSIS
1. Definition of Interest Rate Risk in the Banking Book 2. Risk management strategy and risk mitigation for
(IRRBB) for risk measurement and control. IRRBB.
Generally, the Bank defines IRRBB as the risk resulting IRRBB risk management begins with the establishment
from changes in interest rates in the market that are of governance tailored to the Bank’s characteristics
contrary to the positions in the Banking Book, which and complexity. Centrally, the authority to manage
potentially impact the capital and earnings of the activities and risks in the Banking Book lies with the
Bank both currently and in the future Assets & Liabilities Committee (ALCO), which is daily
overseen by the Global Market & Corporate Treasury
The Banking Book positions are the positions held unit. To support ALCO’s functions, the unit specifically
by the Bank outside of the Trading Book, where the responsible for managing IRRBB risk processes is the
Trading Book itself consists of financial instruments Market, Liquidity & Treasury Credit Risk Management
on the balance sheet and administrative accounts, (MLTCRM) unit, which is responsible for creating
including derivatives transactions, held by the Bank policies, procedures, measurement methodologies,
for trading and can be freely transferred or hedged and monitoring and reporting on IRRBB risk exposure,
in their entirety, whether for proprietary purposes, as well as monitoring the implementation and
customer requests, brokerage activities, market compliance with established policies. To complement
making, and hedging against other positions in the governance, the Internal Audit unit periodically
Trading Book. Examples of Banking Book positions assesses the adequacy of the overall IRRBB risk
include placements in other banks, financial management process.
instruments measured at Fair Value through Other
Comprehensive Income (FVOCI) or at Amortised Cost Regarding risks arising from new products/activities,
(AC), loans, customer deposits, loans, and other assets all new products/activities or variations of any
and liabilities. products/activities that may affect IRRBB risk exposure
must be approved by management. Material sources
The impact of market interest rate movements and types of risks to be identified and assessed
on capital is measured using the Economic Value include repricing attributes, repricing periods, cash
of Equity (EVE) approach, which represents the flow profiles, and embedded options. By conducting
economic value change of the Bank’s capital obtained appropriate identification and assessment, IRRBB risk
from the net present value (NPV) difference of all control can be effectively implemented.
cash flows of assets, liabilities, and administrative
account transactions before and after the interest In managing IRRBB, the Bank establishes measurement
rate movement. Meanwhile, the impact of market methodologies, monitors through various reports
interest rate movements on earnings is measured by submitted periodically, sets limits, and periodically
comparing the net interest income (NII) in a specific reviews all measurement methodologies, models, and
period before and after the interest rate movement existing limits.
IRRBB risk mitigation is comprehensive and involves
business units from both asset and liability sides,
coordinated by the Global Market & Corporate
Treasury unit. The Bank will fund assets using funding
with appropriate characteristics, including repricing
attributes, repricing periods, cash flow profiles, and
embedded options (natural hedging) as much as
possible. If residual risk still exists, the Bank can use
various financial instruments for hedging, where each
hedging instrument used must be approved by ALCO.
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3. Periodicity of IRRBB calculation and specific rate risk management and provides information on
measurements used to measure sensitivity to the capital requirements to support/absorb IRRBB
IRRBB. losses in the long term.
The Bank conducts calculations, measurements,
monitoring, and reporting of IRRBB regularly every Net Interest Income (NII) Change/Earning at Risk
month, and can also be conducted ad hoc if there are (EaR):
special events/plans that may affect IRBBB exposure, Measurement based on changes in NII is a method
such as plans for large loan disbursements, long-term that measures the impact of interest rate changes
funding issuances, or changes in market interest rates. on the Bank’s earnings in the short to medium term,
generally up to 1 (one) year ahead.
Calculations and measurements are made to capture
several main sources of IRRBB, namely: Yield Spread Analysis:
This method is used to analyze the movement of yield
Gap risk: levels from assets and liabilities that are sensitive to
This risk can cause a decrease in NII or relative interest rate changes (rate-sensitive assets/rate-
changes in the economic value of Bank assets and sensitive liabilities), and the magnitude of the yield
liabilities caused by differences in repricing risk from spread generated by the Bank.”
assets and liabilities or changes in interest rates at
each time period along the yield curve. 4. Interest rate shock and stress scenarios used in the
IRRBB calculation using the Economic Value of Equity
Basis risk: (EVE) and Net Interest Income (NII) methods.
This risk arises from changes in the reference interest Standard approach IRRBB calculations using the
rate of a financial instrument that has the same tenor EVE and NII methods are performed for significant
but with different reference interest rates, has different currency exposures in the banking book (5% of total
tenors but with the same reference interest rate, or has assets or liabilities), in this case in IDR and USD. For the
the same tenor and reference interest rate but with EVE method, 6 (six) interest rate change scenarios are
different currencies. used: parallel up, parallel down, steepener, flatterner,
short rate up, and short rate down. Meanwhile, the NII
Option risk: method uses 2 (two) interest rate change scenarios:
This risk arises from derivative position option features parallel up and parallel down. The basis point interest
or embedded option components on most assets, rate changes used are as follows:
liabilities, and administrative account transactions
that can change the level and timing of cash Currency
flows. Scenario
Rp USD
To calculate and measure the above main sources of Pararel 400 200
IRRBB, the Bank uses several methods/approaches: Short 500 300
EVE:
Long 350 150
Measurement based on changes in EVE is a method
that measures the impact of interest rate changes
on the economic value of the Bank’s equity. EVE
calculates the change in NPV of all cash flows
from assets, liabilities, and administrative account
transactions owned by the Bank until maturity, due to
specific interest rate changes. EVE is longterm interest
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In addition to the above scenarios, to comprehensively For accounts that do not pass the PTT, further
capture IRRBB risk, especially in stressful market assessment is conducted to identify stable funding
conditions, the Bank also calculates IRRBB using the and less-stable funding using percentiles from the
EVE and NII methods with stress scenarios determined last 10 years of historical data. Less-stable funding
by management according to the assumptions of is categorised as non-core deposits placed in an
existing stress conditions. overnight (O/N) time frame, while stable funding
5. Assumptions for modeling in the Internal is categorised as core deposits mapped to time
Measurement System (IMS) used by the Bank. frames ranging from O/N to 1 month up to 9 - 10
The calculation of IRRBB as of December 2025 has years, using a volatility rate model, while adhering
utilised a system for calculating and reporting IRRBB, to time frame limitations and core deposit
which has been adjusted to the standard approach as proportions as stipulated by OJK regulations
stipulated. c. The methodology used to estimate the
6. Hedging against IRRBB and related accounting Conditional Prepayment Rate (CPR) of loans and/
treatment. or the Time Deposit Redemption Rate (TDRR) of
As outlined in point 2 above, the Bank will fund assets term deposits
using funding with appropriate characteristics, The Bank estimates the Conditional Prepayment
including repricing attributes, repricing periods, Rate (CPR) for loans and/or Time Deposit
cash flow profiles, and embedded options (natural Redemption rates (TDRR) for fixed-term deposits
hedging) as much as possible. If residual risk still using a non-parametric method. The CPR
exists, the Bank can use various financial instruments estimation utilises the single monthly mortality
for hedging, where each hedging instrument used (SMM) rate measured over the past year. The SMM
must be approved by ALCO. estimation is derived from the historical average
7. Main assumptions of modeling and parametrics in prepayment per account for auto loans and
the calculation of ∆EVE and ∆NII. housing loans each month. The prepayment rate is
a. The use of commercial margins and spread the ratio of total accelerated payments to the total
components in cash flow calculations and outstanding loan amount.
the discount interest rate used in EVE method
calculations. Regarding the analysis of fixed-term deposit
The bank, in measuring IRRBB exposure, especially behavior (TDRR), the bank also employs a non-
in the December 2025 position reporting, has not parametric method, namely vintage analysis,
yet considered the commercial margin and spread using the past year’s historical data. TDRR analysis
components in its cash flow calculations. is conducted for each fixed-term deposit period,
b. b. Determining the average reassessment derived from the historical average of prematurely
maturity (repricing maturities) of Non Maturity withdrawn fixed-term deposits divided by the
Deposits (NMD), including unique product total outstanding fixed-term deposits. However,
characteristics that influence repricing behavior in this standard approach to IRRBB calculation,
assessment. TDRR is not considered because the bank has
In assessing the repricing behavior of NMD imposed penalties on customers who withdraw
products, such as checking and savings accounts, their deposits prematurely, which can offset the
the Bank categorises customers into three (3) economic losses resulting from early redemption.
categories: transactional retail, non-transactional
retail, and wholesale. This categorisation aligns
with the characteristics stipulated in the Financial
Services Authority (OJK) regulations concerning
Liquidity Coverage Ratio (LCR). Based on these
three categories, the Bank conducts a pass-
through-test (PTT) per account to identify the
sensitivity of each account to changes in market
interest rates. Accounts that pass the PTT are
considered to have interest rates sensitive to
market movements and are categorised as non-
core deposits placed in an overnight (O/N) time
frame
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d. Other assumptions, including instruments with 8. Additional information.
behavioral options From the calculation of IRRBB for the December
In this standard approach calculation of IRRBB, 2025 period, the largest impact on IRRBB for the IDR
the Bank has not yet calculated and included currency occurred in the scenario of a 400 bps parallel
additional (add-on) for products that have increase in IDR interest rates, and for the USD currency,
automatic interest rate options, either explicitly or it occurred in the scenario of a 200 bps parallel
implicitly. This is due to limitations in historical data decrease in USD interest rates. For total IRRBB, the
and methodologies used, greatest impact occurred in the scenario of a parallel
e. The methodology for aggregating between increase in interest rates (parallel up). Untuk IRRBB
currencies and the correlation of interest rates secara total, pengaruh terbesar terjadi pada skenario
between significant currencies kenaikan pararel suku bunga (parallel up).
The Bank aggregates EVE exposure for each
scenario of interest rate shock between currencies
using a methodology consistent with the standard
approach to IRRBB calculation guidelines. In the
same interest rate shock scenario, only the EVE
loss value from each currency is considered. The
bank also aggregates EVE exposure for each
scenario of interest rate shock between currencies
by considering the correlation of interest rate
movements and generating the maximum smaller
∆EVE.
QUANTITATIVE ANALYSIS
The average and longest adjustment period for interest rate adjustments applied to NMD.
In accordance with the qualitative explanation and analysis in point 7.b., the average and longest adjustment periods for
interest rate adjustments for NMD are 2.26 (two point two six) years and 10 (ten) years, respectively.
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JJ.2: RISK MANAGEMENT IMPLEMENTATION REPORT FOR INTEREST RATE RISK
IN BANKING BOOK
(INTEREST RATE RISK IN THE BANKING BOOK/IRRBB)
Name : PT Bank Maybank Indonesia. Tbk. (Consolidated)
Report Position : December 2025
QUALITATIVE ANALYSIS
1. Definition of Interest Rate Risk in the Banking Book and monitoring and reporting IRRBB risk exposure, also
(IRRBB) for risk measurement and control. monitors the implementation and compliance with
Generally, the Bank defines IRRBB as the risk resulting established policies. To complement governance, the
from interest rate movements in the market that are Internal Audit unit periodically assesses the adequacy
contrary to the Banking Book positions, potentially of the overall IRRBB risk management process.
impacting the capital and earnings of the Bank both
currently and in the future. Regarding risks arising from new products/activities,
all new products/activities or variations of existing
The Banking Book positions are those held by the products/ activities that may affect IRRBB exposure
Bank outside of the Trading Book positions, where the must be approved by management. Identified
Trading Book positions themselves consist of financial and assessed material sources and types of risk
instruments on the balance sheet and administrative include repricing attributes, interest rate adjustment
accounts, including derivatives transactions, held periods, cash flow profiles, and embedded options.
by the Bank for trading purposes and can be freely By conducting appropriate identification and
transferred or hedged in full, whether for proprietary assessment, IRRBB risk control can be effectively
positions, customer requests, brokering activities, and carried out.
market making, as well as hedging other positions in
the Trading Book. Examples of Banking Book positions In managing IRRBB, the Bank establishes measurement
include placements with other banks, securities methodologies, monitors through various reports
measured at Fair Value through Other Comprehensive submitted periodically, sets limits, and periodically
Income (FVOCI) or at Amortised Cost (AC), loans, reviews all existing measurement methodologies,
customer deposits, loans, and other assets and models, and limits.
liabilities.
IRRBB risk mitigation is comprehensive and involves
The impact of market interest rate movements on business units from both asset and liability sides,
capital is measured using the Economic Value of in coordination with the Global Market & Corporate
Equity (EVE) approach, which is the economic value Treasury unit. The Bank will endeavor to fund assets
change of the Bank’s capital obtained from the using funding that has appropriate characteristics,
net present value (NPV) difference of all cash flows both in terms of repricing attributes, interest rate
of assets, liabilities, and administrative account adjustment periods, cash flow profiles, and embedded
transactions before and after interest rate movements. options (natural hedging). If residual risks still exist,
Meanwhile, the impact of market interest rate the Bank can use various financial instruments for
movements on earnings is measured by comparing hedging, where each hedging instrument used must
net interest income (NII) in a certain period before and be approved by ALCO.
after interest rate movements.
3. Periodicity of IRRBB calculation and specific
2. Risk management strategy and risk mitigation for measurements used to measure sensitivity to IRRBB.
IRRBB. The Bank performs calculation, measurement,
IRRBB risk management starts with establishing monitoring, and reporting of IRRBB periodically every
governance appropriate to the Bank’s characteristics month and can also be done as needed if there are
and complexity. Centrally, the authority for managing specific events/plans that can affect IRRBB exposure,
activities and risks in the Banking Book lies with the such as plans for large loan disbursements, issuance
Assets & Liabilities Committee (ALCO), which is daily of long-term funding, or changes in market interest
managed by the Global Market & Corporate Treasury rates.
unit. To support ALCO’s function, the Market, Liquidity
& Treasury Credit Risk Management (MLTCRM)
unit, specifically responsible for creating policies,
procedures, measurement methodologies,
398 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
Calculations and measurements are carried out to 4. Interest rate shock scenarios and stress scenarios
capture several primary sources of IRRBB, namely: in IRRBB calculations using the Economic Value of
Equity (EVE) and Net Interest Income (NII) methods.
Gap risk: Standard approach IRRBB calculations using EVE
the risk that may cause a decrease in NII or relative and NII methods are performed for banking book
changes in the economic value of the Bank’s assets exposures in significant currencies (5% of total assets
and liabilities due to differences in repricing timing or liabilities), in this case, in IDR and USD. For the EVE
(repricing risk) of assets and liabilities or due to method, 6 (six) scenarios of interest rate changes are
changes in interest rates at each tenor of the yield used: parallel up, parallel down, steepener, flatterner,
curve. short rate up, and short rate down. Meanwhile, the
NII method uses 2 (two) scenarios of interest rate
Basis risk: changes: parallel up and parallel down. The basis
the risk arising from changes in the reference interest point changes in interest rates used are as follows:
rate of a financial instrument with the same tenor but
with different reference interest rates, different tenors
Currency
but with the same reference interest rate, or the same Scenario
tenor and reference interest rate but with different Rp USD
currencies. Pararel 400 200
Option risk: Short 500 300
the risk arising from the option features of derivative Long 350 150
positions or option components inherent in most
assets, liabilities, and administrative account Apart from the above scenarios, to comprehensively
transactions that can change the level and timing of capture IRRBB risks, especially in stressful market
cash flows.” conditions, the Bank also calculates IRRBB using
EVE and NII methods using stress scenarios set by
To calculate and measure the above primary sources management according to the assumptions of
of IRRBB, the Bank uses several methods/approaches: existing stress conditions.
5. Modeling assumptions in the Internal Measurement
EVE: System (IMS) used by the Bank.
Measurement based on changes in EVE is a method The calculation of IRRBB as of December 2025 has
that measures the impact of interest rate changes utilised a system for IRRBB calculation and reporting,
on the economic value of the Bank’s equity. EVE which has been adjusted to the standard approach as
calculates the change in NPV of all cash flows per regulations.
from assets, liabilities, and administrative account 6. Hedging against IRRBB and related accounting
transactions owned by the Bank until maturity due to treatment.
certain interest rate changes. EVE is longterm interest As outlined in point 2 above, the Bank will endeavor
rate risk management and provides information about to fund assets using funding that has appropriate
the capital needs to support/absorb IRRBB losses in characteristics, including repricing attributes, interest
the long term. rate adjustment periods, cash flow profiles, and
embedded options (natural hedging). If residual
NII Change / Earnings at Risk (EaR): risk persists, the Bank may use various financial
Measurement based on changes in NII is a method instruments for hedging, where each hedging
that measures the impact of interest rate changes instrument used must be approved by ALCO.
on the Bank’s earnings in the short/medium term, 7. Key modeling assumptions and parameters in
generally up to the next 1 (one) year. calculating ∆EVE and ∆NII
a. Use of commercial margins and spread
Yield Spread Analysis: components in cash flow calculations and
This method is used to analyze the movement of yield discount interest rates used in EVE calculations.
rates from assets and liabilities that are sensitive to In measuring IRRBB exposure, particularly in
changes in interest rates (rate-sensitive assets/rate- reporting the December 2025 position, the Bank
sensitive liabilities) and the spread of yields generated has not been able to consider commercial margin
by the Bank. components and spread components in its cash
flow calculations.
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03 / F U N C T I O N A L R E V I E W
b. Determination of the average repricing maturities Regarding the analysis of fixed-term deposit
for Non-Maturity Deposits (NMD), including behavior (TDRR), the Bank also uses a non-
unique product characteristics influencing parametric method, namely vintage analysis,
repricing behavior. with historical data from the last 1 (one) year.
In assessing repricing behavior for NMD products, TDRR analysis is performed for each fixed-term
such as current accounts and savings accounts, deposit period and is obtained from the average
the Bank categorises customers into 3 (three) actual premature withdrawals divided by the total
categories: transactional retail, non-transactional outstanding fixed-term deposits. However, in this
retail, and wholesale, in accordance with standard approach IRRBB calculation, TDRR is
characteristics specified in OJK regulations related not considered because the Bank has imposed a
to Liquidity Coverage Ratio (LCR). Based on these penalty on customers who withdraw their deposits
3 categories, the bank conducts a pass-through- prematurely, which can compensate for the
test (PTT) per account to identify the sensitivity of economic losses due to early redemption.
the account to changes in market interest rates. d. Other assumptions, including instruments with
The bank’s PTT uses a parametric method to behavioral options
assess the extent of co-movement of interest rate In this standard approach IRRBB calculation, the
movements per account with market interest rate Bank has not yet calculated and included add-ons
movements. for products with automatic interest rate options,
whether explicit or embedded, due to limitations in
Accounts that pass the PTT signify that they have historical data and methodology used.
interest rates sensitive to market interest rate e. Methodology for currency aggregation
movements and are categorised as non-core and significant inter-currency interest rate
deposits and placed on an overnight (O/N) time correlations
scale. For accounts that do not pass the PTT, The Bank aggregates ∆EVE exposure for each
further assessment is conducted to identify stable intercurrency interest rate shock scenario using the
funding and less-stable funding portions using methodology specified in the standard approach
percentiles from historical data for the last 10 years. IRRBB calculation guidelines, where for the same
The less-stable funding portion is categorised as interest rate scenario, only the EVE loss value
non-core deposits and placed on an overnight from each currency is considered. The Bank also
(O/N) time scale. Meanwhile, the stable funding aggregates ∆EVE exposure for each inter-currency
portion is categorised as core deposits and interest rate shock scenario by considering interest
mapped to time scales ranging from O/N to 1 rate movement correlations and produces the
month up to 9 - 10 years using a volatility rate smallest maximum ∆EVE.
model while adhering to time scale limitations 8. Other additional information
and core deposit portion restrictions as per OJK From the IRRBB calculation results for the December
regulations 2025 period, the largest impact on IRRBB for IDR
currency occurred in the parallel interest rate increase
c. c. Methodology used to estimate Conditional (parallel up) scenario of IDR by 400 bps, and for USD
Prepayment Rate (CPR) for loans and/or Time currency, the largest impact occurred in the parallel
Deposit Redemption Rate (TDRR) for fixed-term interest rate decrease (parallel down) scenario of USD
deposits. by 200 bps. For total IRRBB, the largest impact occurred
The Bank estimates CPR value using a non- in the parallel interest rate increase scenario (parallel
parametric method, namely by measuring up).
the single monthly mortality (SMM) rate with
historical data for the last 1 (one) year. The SMM
estimation is obtained from the average actual
prepayment per account historically from auto
loan and housing loan products for each month.
The prepayment rate value is the ratio between the
total accelerated payment nominal and the total
remaining outstanding nominal loan.
QUANTITATIVE ANALYSIS
The average and longest adjustment period for interest rate adjustments applied to NMD.
In accordance with the qualitative explanation and analysis in point 7.b., the average and longest adjustment periods for
interest rate adjustments for NMD are 2.26 (two point two six) years and 10 (ten) years, respectively.
400 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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KK: MARKET RISK
IRRBB Calculation
Bank Name : PT Bank Maybank Indonesia, Tbk. (Individual)
Position of Report : December 2025
Currency : Rp and USD
(in million rupiah)
∆EVE ∆NII
Period
T T-1 T T-1
Parallel up 1,636,356 2,078,604 1,510,084 1,331,403
Parallel down 65,151 287,074 - -
Steepener - -
Flattener 944,714 1,175,541
Short rate up 1,421,181 1,815,306
Short rate down - 93,797
Absolute Negative Maximum Value 1,636,356 2,078,604 1,510,084 1,331,403
Tier 1 Capital (for ∆ EVE) or Projected Income (for ∆ NII) 25,325,724 24,709,917 5,822,386 5,822,386
Maximum amount divided by Tier 1 capital (for ∆ EVE) 6.46% 8.41% 25.94% 22.87%
or Projected Income (for ∆ NII)
Bank Name : PT Bank Maybank Indonesia, Tbk. (Consolidated)
Position of Report : December 2025
Currency : Rp and USD
(in million rupiah)
∆EVE ∆NII
Period
T T-1 T T-1
Parallel up 1,692,229 2,388,830 1,323,514 1,222,347
Parallel down 65,151 287,074 - -
Steepener - -
Flattener 1,012,082 1,300,376
Short rate up 1,501,545 2,054,020
Short rate down - 93,797
Absolute Negative Maximum Value 1,692,229 2,388,830 1,323,514 1,222,347
Tier 1 Capital (for ∆ EVE) or Projected Income (for ∆ NII) 30,882,115 30,111,954 8,363,913 8,363,913
Maximum amount divided by Tier 1 capital (for ∆ EVE) 5.48% 7.93% 15.82% 14.61%
or Projected Income (for ∆ NII)
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03 / F U N C T I O N A L R E V I E W
LL.1: LIQUIDITY RISK
Report on Calculation for Quarterly Liquidity Coverage Ratio (LCR)
Bank Name : PT Bank Maybank Indonesia Tbk.
Position of Report : December 2025
INDIV
December 2025
HQLA after haircut,
outstanding
Outstanding
No Components commitment
commitment
and liabilities
and liabilities
times run-off rate
/ contractual
or contractual
receivables
receivables times
inflow rate
1 Total Data Used in LCR Calculation 64 days
HIGH QUALITY LIQUID ASSET (HQLA)
2 Total High Quality Liquid Asset (HQLA) 44,887,047
CASH OUTFLOW
3 Retail deposits and deposits from Micro and Small Business customers, consist of: 31,591,629 2,843,746
a. Stable deposit/funding 6,308,331 315,417
b. Less stable deposit/funding 25,283,298 2,528,330
4 Wholesale Funding, consist of: 45,561,286 14,038,861
a. Operational deposit 26,199,676 6,364,673
b. Non operational deposit and/or Other Non Operational liabilities 19,358,766 7,671,344
c. Marketable securities issued by bank 2,843 2,843
5 Secured funding -
6 Other cash outflow (additional requirement), consist of: 92,655,969 41,275,955
a. cash outflow from derivative transaction 28,851,739 28,851,739
b. cash outflow from additional liquidity requirement - -
c. cash outflow from liquidation of funding - -
d. cash outflow from disbursement of loan commitment and liquidity facilities 1,754,670 170,236
e. cash outflow from other contractual liabilities related to placement of funds 1,906 1,62
f. cash outflow from other funding related contingencies liabilities 49,926,495 132,819
g. other contractual cash outlfow 12,121,159 12,121,159
7 TOTAL CASH OUTFLOW 58,158,562
CASH INFLOW
8 Secured lending - 96,543
9 Inflows from fully performing exposures - 3,725,684
10 Other Cash Inflow - 28,807,703
11 TOTAL CASH INFLOW - 32,629,931
TOTAL ADJUSTED
VALUE¹
12 TOTAL HQLA 44,887,047
13 TOTAL NET CASH OUTFLOWS 25,528,631
14 LCR (%) 175.83%
Note:
¹ 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
HQLA is Level 2, and the determined maximum limit of cash inflow that can be calculated in LCR.
402 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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Strenghtening the Core, Accelerating Forward 03 / F U N C T I O N A L R E V I E W
(in million rupiah)
VIDUAL CONSOLIDATED
September 2024 December 2025 September 2024
HQLA after haircut,
HQLA after haircut, HQLA after haircut,
outstanding
Outstanding outstanding Outstanding Outstanding outstanding
commitment
commitment commitment and commitment commitment commitment and
and liabilities
and liabilities liabilities times run-off and liabilities/ and liabilities/ liabilities times run-off
times run-off rate
/ contractual rate or contractual contractual contractual rate or contractual
or contractual
receivables receivables times receivables receivables receivables times
receivables times
inflow rate inflow rate
inflow rate
64 days 64 days 64 days
41,415,843 44,892,263 41,421,388
31,812,509 2,859,047 31,591,629 2,843,746 31,812,509 2,859,047
6,444,088 322,204 6,308,331 315,417 6,444,088 322,204
25,368,421 2,536,842 25,283,298 2,528,330 25,368,421 2,536,842
44,652,710 13,835,868 45,574,230 14,051,805 44,788,067 13,971,224
25,187,313 6,104,634 26,199,676 6,364,673 25,187,313 6,104,634
19,440,279 7,706,116 19,358,766 7,671,344 19,440,279 7,706,116
25,118 25,118 15,788 15,788 160,474 160,474
- - -
95,247,063 42,313,585 95,804,483 41,683,169 97,847,462 42,716,724
30,156,204 30,156,204 28,851,739 28,851,739 30,156,204 30,156,204
- - - - - -
- - - - - -
1,622,366 158,467 1,754,670 170,236 1,622,366 158,467
1,777 1,28 59,092 1,62 46,964 1,28
51,593,428 125,625 52,751,954 274,164 53,858,782 238,906
11,873,288 11,873,288 12,387,028 12,387,028 12,163,145 12,163,145
59,008,500 58,578,720 59,546,995
- 85,362 - 96,543 - 85,362
- 3,444,995 - 4,197,176 - 3,877,234
- 30,162,336 - 28,807,703 - 30,162,336
- 33,692,693 - 33,101,423 - 34,124,932
TOTAL ADJUSTED TOTAL ADJUSTED TOTAL ADJUSTED
VALUE¹ VALUE¹ VALUE¹
41,415,843 44,892,263 41,421,388
25,315,807 25,477,297 25,422,063
163.60% 176.20% 162.93%
B and
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LL.2: LIQUIDITY RISK
Liquidity Adequacy Ratio Calculation Report (LCR)
Name of Bank : PT Bank Maybank Indonesia Tbk. (Consolidated)
Position of Report : December 2025
ANALYSIS
The average daily Liquidity Coverage Ratio (LCR) Bank Liquidity Management:
throughout the fourth quarter of 2025 stood at 175.83% Liquidity risk is actively managed by several working
(individual), remaining well above the regulatory units. The Bank’s strategic liquidity management is
requirements. The average LCR experienced an increase performed centrally by the Corporate Treasury (CT) unit
of 12.23% compared to the third quarter of 2025, which and supported operationally by other business/support
was 163.60%, primarily driven by an increase in average units, such as the Global Market (GM) Rates business unit
High-Quality Liquid Assets (HQLA) of IDR3.47 trillion, that performs daily liquidity management, as well as units
mostly originating from level 1 securities held by the in credit, funding, operations, information technology,
bank. Meanwhile, on the other hand, the average Net corporate communications, and risk management. Thus,
Cash Outflow also increased by IDR212.82 billion, due the funding needs/availability arising from the Bank’s
to an increase in other contractual cash outflows and daily operational activities can be managed effectively
Corporate customer funding. to maximize the Bank’s performance. Furthermore, with
effective cooperation between working units, liquidity
In Q4 2025, the composition of High Quality Liquid Assets risk triggered by other risk events (credit risk, market risk,
(HQLA) consisted of 97.55% level 1 assets, 0.54% level 2A operational risk, legal risk, compliance risk, reputation
assets, and the remainder consisted of level 2B assets. risk, and strategic risk) can be detected and mitigated
For the composition of HQLA level 1, 17.61% originated from properly and in a timely manner. New products/
current accounts with Bank Indonesia and placements transactions/activities resulting in additional assets and
with Bank Indonesia, 79.32% of the composition came from liabilities always undergo a thorough review and approval
the purchase of government or Bank Indonesia securities, process before implementation.
while the rest was in the form of cash.
In addition, the unit specifically responsible for the
In managing its liquidity, the Bank’s main source of liquidity risk management process is the Market, Liquidity
funding currently originates from Third-Party Funds & Treasury Credit Risk Management (MLTCRM) unit,
(DPK) and, if necessary, also from money market which is responsible for developing policies, procedures,
instruments for day-to-day liquidity management. In measurement methodologies, and monitoring and
addition, to maintain a more stable funding structure, reporting liquidity risk exposures, as well as monitoring the
the Bank continues to strive to increase funding from implementation of and compliance with these policies
retail customers/funding used for customer operational to support the functions of the Assets and Liabilities
activities, and has also conducted and will conduct Committee (ALCO).
funding sourced from the issuance of securities and loans,
both medium and long-term, as needed to support the
Bank’s overall growth.
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To measure liquidity risk, the Bank establishes several Furthermore, several strategic steps taken to mitigate
parameters such as various liquidity ratios, liquidity gap liquidity and funding risks include restructuring funding
analysis, and stress testing, along with their respective sources and tenors through the issuance of securities
limits. The types of ratios established include: Liquidity (NCD, MTN, Bonds) in IDR. On the other hand, the Bank
Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), continuously seeks potential medium and/or long-term
Operating Cash Flow (OCF), Interbank Taking, FX Swap bilateral loans to support liquidity needs in USD.
Funding, Secondary Reserve, and Top 50 Depositors, all of
which aim to control liquidity risk in accordance with the
established risk appetite.
In strengthening the implementation of liquidity risk
management, the Bank establishes and periodically tests
the Recovery Plan (RCP) and Liquidity Contingency Plan
(LCP), and conducts liquidity stress testing to ensure
the Bank’s readiness in facing a liquidity crisis, including
the daily monitoring of various Early Warning Indicators
(EWI).
CONSOLIDATION ANALYSIS
PT WOM Finance, Tbk and PT Maybank Indonesia Finance are subsidiaries of PT Bank Maybank Indonesia Tbk, primarily
engaged in automotive financing. In the consolidation calculation of the average daily Liquidity Coverage Ratio (LCR)
throughout the fourth quarter of 2025, the compliance level was 176.20%. The consolidated LCR experienced an increase
of 13.27% compared to the consolidated LCR position in the third quarter of 2025, which was 162.93%. The increase
in consolidated LCR is mainly due to an increase in the average High Quality Liquid Assets (HQLA) of IDR3.47 trillion,
primarily from level 1 securities held by the Bank. Meanwhile, on the other hand, the average Net Cash Outflow also
increased by IDR55.23 billion, caused by an increase in other contractual cash outflows.
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MM: LIQUIDITY RISK
Net Stable Funding Ratio Calculation (NSFR)
Bank Name : PT Bank Maybank Indonesia Tbk. (individual)
Position of Report : December 2025
A. NSFR Calculation
September 2024
Carrying Value By Residual Maturity (In million Rupiah)
ASF Component
Weighted
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
1 Capital: 27,013,423 - - 100,000 27,113,423
2 Regulatory Capital as per 27,013,423 - - 100,000 27,113,423
POJK KPMM
3 Other capital instruments - - - - -
4 Retail deposits and deposits 31,395,055 15,028,531 3,187,194 1,031,528 46,045,745
from micro and small
business customers:
5 Stable Deposits 6,840,775 337,040 112,500 112,670 7,038,470
6 Less Stable Deposits 24,554,280 14,691,491 3,074,693 918,858 39,007,275
7 Wholesale Funding: 29,694,962 52,656,720 4,472,519 4,925,030 39,401,254
8 Operational deposits 26,318,860 - - - 13,159,430
9 Other wholesale funding 3,376,101 52,656,720 4,472,519 4,925,030 26,241,823
10 Liabilities with matching - - - - -
interdependent assets
11 Other liabilities and equity:
12 NSFR derivative liabilities -
13 All other liabilities and equity 5,383,464 6,364,632 - 410,894 543,354
not included in the above
categories
14 TOTAL ASF 113,103,776
15 Total NSFR HQLA 1,558,812
16 Deposits held at other 3,985,276 - - - 1,992,638
financial institutions for
operational purposes
17 Performing loans and 68,631 43,804,077 24,422,753 58,641,165 72,257,523
securities
18 to financial institutions - 77,743 - - 7,774
secured by Level 1 HQLA
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
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December 2024
Carrying Value By Residual Maturity (In million Rupiah) Reference no of
Weighted NSFR worksheet
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
27,604,220 - - 100,000 27,704,220
27,604,220 - - 100,000 27,704,220 "1.1
1.2"
- - - - - 1,3
29,502,064 13,655,862 2,195,261 1,180,539 42,362,990 "2
3"
6,868,425 316,925 106,303 99,961 7,027,031 "2.1
3.1"
22,633,639 13,338,937 2,088,958 1,080,578 35,335,958 "2.2
3.2"
30,832,785 46,643,202 3,435,834 5,363,457 34,560,777 4
27,291,579 - - - 13,645,790 4,1
3,541,206 46,643,202 3,435,834 5,363,457 20,914,987 4,2
- - - - - 5
6
- 6,1
5,764,622 9,236,167 - 410,759 662,999 6.2 to 6.5
105,290,986 7
1,526,075 1
3,005,038 - - - 1,502,519 2
70,518 44,565,523 21,489,132 57,932,244 72,873,978 3
- 423,303 - - 42,330 3.1.1
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03 / F U N C T I O N A L R E V I E W
September 2025
Carrying Value By Residual Maturity (In million Rupiah)
ASF Component
Weighted
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
19 to financial institutions 68,631 1,799,903 1,824,564 2,148,483 3,341,045
secured by
non-Level 1 HQLA and
unsecured performing loans
to financial institutions
20 to non- financial corporate - 38,951,793 18,857,410 33,735,927 48,401,038
clients, retail and small
business customers,
government of Indonesia,
other sovereigns, Bank
Indonesia, other central
banks and pubic service
entities, of which:
21 meet a risk weight of less - 1,832,132 1,414,756 5,575,761 5,247,688
than or equal to 35% under
SE OJK ATMR for credit risk
22 Unpledged residential - 500,690 1,036,733 8,166,905 7,710,581
mortgages, of which:
23 meet a risk weight of less - 337,661 696,914 5,390,662 4,021,217
than or equal to 35% under
SE OJK ATMR for credit risk
24 Securities that are unpledged, - 304,155 592,376 3,623,428 3,528,179
not in default and do not
qualify as HQLA, including
exchange-traded equities
25 Assets with matching - - - - -
interdependent liabilities
26 Other assets: 17,166,319 4,399,499 27,675 134,424 19,273,406
27 Physical traded commodities, - -
including gold
28 Cash, securities and other 7,653 6,505
assets posted as initial
margin for derivative
contracts or contributions
to default funds of central
counterparty (CCPs)
29 NSFR derivative assets 738,054 738,054
30 20% NSFR derivative liabilities - -
before deduction of variation
margin posted
31 All other assets not included 17,166,319 3,653,791 27,675 134,424 18,528,846
in the above categories
32 Off-balance sheet items 53,549,691 222,863
33 Total RSF 95,305,242
34 Net Stable Funding Ratio (%) 118.68%
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
408 PT BANK MAYBANK INDONESIA TBK LAPORAN TAHUNAN 2025
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December 2025
Carrying Value By Residual Maturity (In million Rupiah) Reference no of
Weighted NSFR worksheet
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
70,518 5,027,963 2,080,733 3,810,298 5,615,436 "3.1.2
3.1.3"
- 36,762,938 16,694,112 32,053,319 47,943,230 "3.1.4.2
3.1.5
3.1.6"
- 1,297,472 834,795 4,521,245 4,004,943 3.1.4.1
- 486,202 1,003,737 7,984,066 7,531,426 3.1.7.2
- 352,104 720,654 5,569,526 4,156,571 3.1.7.1
- 215,540 155,101 3,993,791 3,580,042 3,2
- - - - - 4
15,435,835 3,164,118 10,415 98,181 17,503,541 5
- - 5,1
46,285 39,342 5,2
754,329 754,329 5,3
- - 5,4
15,435,835 2,363,505 10,415 98,181 16,709,870 5.5 S.D. 5.12
48,686,388 256,396 12
93,662,508 13
112.42% 14
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MM: LIQUIDITY RISK
Net Stable Funding Ratio Calculation (NSFR)
Bank Name : PT Bank Maybank Indonesia Tbk. (Consolidated)
Position of Report : December 2025
A. NSFR Calculation
September 2025
Carrying Value By Residual Maturity (In million Rupiah)
ASF Component
Weighted
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
1 Capital: 32,083,316 - - 100,000 32,183,316
2 Regulatory Capital as per 32,083,316 - - 100,000 32,183,316
POJK KPMM
3 Other capital instruments - - - - -
4 Retail deposits and deposits 31,395,055 15,028,531 3,187,194 1,031,528 46,045,745
from micro and small
business customers:
5 Stable Deposits 6,840,775 337,040 112,500 112,670 7,038,470
6 Less Stable Deposits 24,554,280 14,691,491 3,074,693 918,858 39,007,275
7 Wholesale Funding: 29,148,232 54,427,713 5,165,296 8,118,343 42,940,956
8 Operational deposits 26,318,860 - - - 13,159,430
9 Other wholesale funding 2,829,372 54,427,713 5,165,296 8,118,343 29,781,525
10 Liabilities with matching - - - - -
interdependent assets
11 Other liabilities and equity:
12 NSFR derivative liabilities -
13 All other liabilities and equity 5,383,464 6,414,632 779,000 2,030,449 2,552,409
not included in the above
categories
14 TOTAL ASF 123,722,426
15 Total NSFR HQLA 1,558,812
16 Deposits held at other 3,985,276 - - - 1,992,638
financial institutions for
operational purposes
17 Performing loans and 68,441 45,799,358 27,918,621 67,419,522 82,434,611
securities
18 to financial institutions - 77,743 - - 7,774
secured by Level 1 HQLA
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
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December 2025
Carrying Value By Residual Maturity (In million Rupiah) Reference no of
Weighted NSFR worksheet
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
32,838,924 - - 100,000 32,938,924
32,838,924 - - 100,000 32,938,924 "1.1
1.2"
- - - - - 1,3
29,502,064 13,655,862 2,195,261 1,180,539 42,362,990 "2
3"
6,868,425 316,925 106,303 99,961 7,027,031 "2.1
3.1"
22,633,639 13,338,937 2,088,958 1,080,578 35,335,958 "2.2
3.2"
30,320,989 47,000,479 3,792,126 10,074,580 39,450,046 4
27,291,579 - - - 13,645,790 4,1
3,029,410 47,000,479 3,792,126 10,074,580 25,804,256 4,2
- - - - - 5
6
- 6,1
7,106,453 9,236,167 1,474,000 2,514,558 3,503,798 6.2 S.D. 6.5
118,255,758 7
1,526,075 1
3,005,038 - - - 1,502,519 2
69,913 46,669,460 25,242,690 66,500,396 83,055,538 3
- 423,303 - - 42,330 3.1.1
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September 2025
Carrying Value By Residual Maturity (In million Rupiah)
ASF Component
Weighted
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
19 to financial institutions 68,441 1,799,748 1,824,239 1,947,713 3,140,061
secured by
non-Level 1 HQLA and
unsecured performing loans
to financial institutions
20 to non- financial corporate - 40,947,228 22,353,603 42,715,054 58,779,110
clients, retail and small
business customers,
government of Indonesia,
other sovereigns, Bank
Indonesia, other central
banks and pubic service
entities, of which:
21 meet a risk weight of less - 1,832,132 1,414,756 5,575,761 5,247,688
than or equal to 35% under
SE OJK ATMR for credit risk
22 Unpledged residential - 500,690 1,036,733 8,166,905 7,710,581
mortgages, of which:
23 meet a risk weight of less - 337,661 696,914 5,390,662 4,021,217
than or equal to 35% under
SE OJK ATMR for credit risk
24 Securities that are unpledged, - 304,155 592,376 3,623,428 3,528,179
not in default and do not
qualify as HQLA, including
exchange-traded equities
25 Assets with matching - - - - -
interdependent liabilities
26 Other assets: 11,681,514 3,941,545 50,327 189,760 13,406,905
27 Physical traded commodities, - -
including gold
28 Cash, securities and other 19,185 16,307
assets posted as initial
margin for derivative
contracts or contributions
to default funds of central
counterparty (CCPs)
29 NSFR derivative assets 738,054 738,054
30 20% NSFR derivative liabilities - -
before deduction of variation
margin posted
31 All other assets not included 11,681,514 3,184,306 50,327 189,760 12,652,544
in the above categories
32 Off-balance sheet items 55,948,246 342,790
33 Total RSF 99,735,757
34 Net Stable Funding Ratio (%) 124.05%
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
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December 2025
Carrying Value By Residual Maturity (In million Rupiah) Reference no of
Weighted NSFR worksheet
No Specified ≥ 6 Months - < 1 Value
< 6 Months ≥ 1 year
Maturity¹ year
69,913 5,027,819 2,080,430 3,609,786 5,414,661 "3.1.2
3.1.3"
- 38,867,020 20,447,973 40,892,738 58,385,707 "3.1.4.2
3.1.5
3.1.6"
- 1,297,472 834,795 4,521,245 4,004,943 3.1.4.1
- 486,202 1,003,737 7,984,066 7,531,426 3.1.7.2
- 352,104 720,654 5,569,526 4,156,571 3.1.7.1
- 215,540 155,101 3,923,035 3,519,900 3.2
- - - - - 4
10,423,121 2,690,149 28,478 139,196 12,075,935 5
- - 5.1
46,285 39,342 5.2
754,329 754,329 5.3
- - 5.4
10,423,121 1,889,536 28,478 139,196 11,282,265 5.5 S.D. 5.12
52,334,943 438,824 12
98,598,891 13
119.94% 14
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B. NSFR Development Analysis
INDIVIDUAL ANALYSIS
Individual NSFR for the position in December 2025 was 112.42%, where Available Stable Funding (ASF) was IDR105.29 trillion and Required
Stable Funding (RSF) was IDR93.66 trillion.
The NSFR position decreased by 6.26% compared to the position in September 2025, primarily due to a decrease in ASF (after
weighting) of IDR7.81 trillion, mostly originating from Corporate customer funding and individual customers. On the other hand, RSF
(after weighting) also decreased by IDR1.64 trillion, primarily from other assets and deposits or placements with other financial
institutions for operational activities.
The composition of ASF was mostly derived from deposits from retail customers and funding from corporate customers which in total
(after weighting) reached IDR76.92 trillion or 73.06% of total ASF, while the rest came from capital and issued securities. Funding with a
maturity of more than 1 (one) year amounted to IDR6.95 trillion.
For RSF, its composition is mostly dominated by loans with the category Current and Special Mention (performing) which reached
IDR72.87 trillion (after weighting) or 77.80% of the total RSF. The amount of loans categorised as Current and Special Mention
(performing) with maturities of more than 1 (one) year amounted to IDR57.93 trillion.
CONSOLIDATION ANALYSIS
PT WOM Finance, Tbk and PT Maybank Indonesia Finance are subsidiaries of PT Bank Maybank Indonesia Tbk, primarily engaged in
automotive financing.
The consolidated NSFR with subsidiaries for the position in December 2025 was 119.94% (7.52% higher than the individual Bank NSFR),
with a total Available Stable Funding (ASF) (after weighting) of IDR118.28 trillion and a total Required Stable Funding (RSF) (after
weighting) of IDR98.60 trillion.
Compared to the Bank’s individual ASF position, the consolidated ASF was IDR12.97 trillion higher, originating from Capital, securities
issued by subsidiaries, and subsidiary loans. Meanwhile, the RSF was IDR4.94 trillion higher, primarily stemming from loans provided by
the subsidiaries.
On a consolidated basis, total funding with a maturity of more than 1 (one) year amounted to IDR13.77 trillion, while the total loans
classified as Current and Special Mention (performing) with a maturity of more than 1 (one) year reached IDR66.50 trillion.
NN: LIQUIDITY RISK
Encumbered Assets (ENC)
a b c d
Assets deposited
or pledged with the Unencumbered
Encumbered Assets Total
central bank but not yet Assets
generating liquidity
Assets in the balance sheets can be 8,522,739 3,955,366 35,567,544 48,045,649
presented in details as needed.
QUALITATIVE ANALYSIS
(a) Encumbered assets are bank assets restricted for liquidity purposes, both legally and contractually, by the Bank during periods
of stress. Encumbered assets do not include assets deposited or contracted with Bank Indonesia that have not yet been utilized
to generate liquidity. As of the December 2025 position, the Bank held securities pledged as collateral for repo transactions
amounting to IDR 8.52 trillion.
(b) The Bank currently holds assets deposited or contracted with Bank Indonesia that have not yet been utilized to generate liquidity,
as regulated under OJK Regulation (POJK) Number 42/POJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio
for Commercial Banks, as amended by OJK Regulation (POJK) Number 19 of 2024 regarding amendments to POJK Number 42/
POJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks, namely in the form of securities
meeting the criteria for the Macroprudential Liquidity Buffer (PLM), amounting to IDR 3.96 trillion.
(c) Unrestricted assets are assets that meet the criteria for High-Quality Liquid Assets (HQLA) as regulated under OJK Regulation
(POJK) Number 42/POJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks, as
amended by OJK Regulation (POJK) Number 19 of 2024 regarding amendments to POJK Number 42/POJK.03/2015 concerning the
Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks. The Bank holds IDR 35.57 trillion in unrestricted assets in the
form of cash, current accounts with Bank Indonesia, placements with Bank Indonesia, government securities, corporate securities,
and securities received as collateral from reverse repo transactions.
Notes: Figures are in million Rupiah unless otherwise stated
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OO: LIQUIDITY RISK
Liquidity Risk Management (LIQA)
Liquidity risk can occur when a bank is unable to meet In addition, the Bank will ensure the implementation and
its financial obligations to customers or counterparties alignment of related policies and guidelines regarding the
in a timely manner at a reasonable cost. Liquidity risk management of liquidity risk in overseas subsidiaries and
management is very important because it can have a branches.
significant impact on business continuity. The Bank always
strives to ensure that any liquidity needs and current To measure liquidity risk, the Bank determines several
and future funding can be met in both normal market parameters such as various liquidity ratios, liquidity gap
conditions and crisis conditions. analysis, and stress testing, along with their limits. The
Bank will review at least once a year on all liquidity risk
In managing its liquidity, the Bank’s main source of limits, to be adjusted to the risk appetite, strategy and
funding comes from Third Party Funds (DPK) and if budget set, and approved by the competent committee.
needed, also from money market instruments for day-to- The types of ratios determined in managing liquidity risk
day liquidity management. In addition, to maintain a more include: Liquidity Coverage Ratio (LCR), Net Stable Funding
stable funding structure, the Bank can issue securities, Ratio (NSFR), Operating Cash Flow (OCF), Interbank Taking,
make medium-term loans, or issue shares to strengthen FX Swap Funding, Secondary Reserve, and the 50 Largest
capital. Depositors.
The Bank’s liquidity management is carried out centrally In strengthening the implementation of liquidity risk
by the Treasury in collaboration with other business/ management, the Bank establishes and regularly tests
supporting units, such as credit, funding, operations, the Recovery Plan (RCP) and Emergency Funding Plan
information technology, corporate communications, (LCP) as well as makes liquidity stress testing, which aims
and risk management business units. Thus, the need/ to ensure the Bank’s readiness to face liquidity crises,
availability of funding arising from The bank’s daily including is the process of monitoring various early
operational activities can be managed properly to warning indicators (EWI) of liquidity crises which is carried
maximise the Bank’s performance. Also, with good out on a daily basis.
cooperation between work units, liquidity risk is triggered
by other risk events (credit risk, market risk, operational In addition, several strategic steps were taken to mitigate
risk, legal risk, financial risk). compliance, reputation liquidity and funding risks, among others by restructuring
risk and strategic risk) can be detected and mitigated the sources and terms of funding through the issuance of
correctly and in a timely manner. Furthermore, new securities (NCD, MTN, Bonds) denominated in rupiah. On
products/transactions/activities that result in additional the other hand, the Bank is always looking for potential
assets and liabilities, always go through a careful review medium and/or long term bilateral loans to support
and approval process before the product/ the new liquidity needs in USD.
transaction/ activity is executed.
In addition, the unit that specifically carries out the
liquidity risk management process is the Market, Liquidity
& Treasury Credit Risk Management (MLTCRM) unit,
which is responsible for making policies, procedures,
measurement methodologies and monitoring and
reporting liquidity risk exposures as well as monitor the
implementation of and compliance with these policies
to support the functioning of the Assets and Liabilities
Committee (ALCO).
The Bank continues to review and periodically update
all policies and guidelines to be adapted to the Bank’s
liquidity conditions as well as harmonise with the latest
regulations from regulators and banking industry best
practices both locally and internationally.
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PP: OPERATIONAL RISK
General Qualitative Disclosures
Based on OJK Regulation No. 18/POJK.03/2016, operational This model establishes clear accountability and
risk is defined as the risk caused by inadequacy or facilitates the three lines of defense, consisting of:
malfunction of internal processes, human errors, • The first line being the risk owner units managing
system failures, or external events impacting the Bank’s day-to-day inherent operational risks in business
operational activities. and/or activities. This unit should be able to
identify, assess, measure, control, mitigate,
The main objective of risk management for operational monitor, and report operational risk exposures.
risk is to minimise the likelihood of negative impacts • The second line being the risk oversight unit
resulting from malfunctioning internal processes, human providing supervision and governance, assurance,
errors, system failures, and/or external events. monitoring, and reporting of operational risk
exposures to the Board of Commissioners/
Operational risk management is consistently carried Directors, committees, and senior management.
out within the framework and by determining strategies • The third line being the Internal Audit Unit (IAU)
and mitigations to achieve an optimal balance between as the third line to formally and consistently
operational risk exposure, the effectiveness of control execute responsibilities to ensure operational risks
mechanisms, and risk appetite. are effectively managed and in line with the risk
appetite set by the Risk Management Committee
1. Bank’s Operational Risk Governance Model (RMC).
The bank’s operational risk governance model is
based on the Three Lines of Defense, which aligns with 2. Tools Used by the Bank to Identify and Measure
the Risk Management Framework and is regulated Operational Risks
in operational risk policies and procedures to ensure In order to implement effective Operational
effective operational risk management for all parts Risk Management, the bank is equipped with
of the bank. This model also provides a formal, complementary operational risk management tools.
transparent, and effective governance structure Operational risk tools include
that encourages active involvement of the Board • Risk & Control Self-Assessment (RCSA), a tool to
of Directors and Commissioners through the Risk identify and measure forward-looking operational
Management Committee (RMC) and Risk Oversight risks, essential for identifying potential risks from
Committee (ROC), and Senior Management the execution of each end-to-end process that
may result in material losses or adverse impacts
on the Bank.
• Key Risk Indicators (KRI), measurement tools for
monitoring operational risk exposure over time.
Effective KRIs can serve as early warning signals
of risk changes by providing an overview of the
operational risk exposure status and control
effectiveness in business operations.
• Incident Management and Data Collection
(IMDC) used in identifying, measuring, monitoring,
reporting, and managing consistent bank
operational risk. This process also facilitates the
formation of a centralised database of consistent
and standardised operational risk incident
information ready for analysis and reporting.
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3. Mechanisms to Mitigate Operational Risks
• Adequate periodic analysis of actual losses,
potential losses, and near misses regarding
operational risk incidents is crucial to provide input
to RMC and ROC on the operational risk exposures
experienced and as a reference for management
for more effective action recommendations.
• Risk mitigation tools can be used to reduce
risk to an acceptable level as defined in the
management’s risk appetite. These tools can
include, but are not limited to, procedures
and systems with adequate controls, Business
Continuity Management (BCM), insurance, and
outsourcing.
• The Bank also enhances human resources through
continuous education and training on operational
risks. This aims to ensure employees’ capabilities
in performing tasks effectively and promptly
identifying operational risks if encountered in daily
work activities.
• Reviewing and/or revising existing policies and
procedural systems within the company.
4. Operational Risk Disclosure
Regarding the implementation of ATMR calculation
for Operational Risk using the Standard Approach
since January 2023 in accordance with OJK Circular
Letter No. 06/SEOJK.03/2020 on the Calculation of
Risk-Weighted Assets for Operational Risk using
the Standard Approach for Commercial Banks, the
Bank provides information on the Implementation
Report of Operational Risk Management and the
ATMR Calculation Report for Operational Risk as of
December 2025 data, which applies throughout 2025
and is considered in the 2026 KPMM.
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1. Report on RWA Calculation for Operational Risk of the Bank (Individual)
1.1. Form D1 – Historical Loss Data Report
No Business Indicator (BI) and component BI T T-1 T-2
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss after calculating the recovery value (without exception) 12,273.47 10,620.16 1,272.00
2 Total occurrence of operational risk loss 13,00 11,00 4,00
3 Total excluded operational risk loss .00 .00 .00
4 Total occurrence of excluded operational risk loss .00 .00 .00
5 Total net operating loss after calculating the recovery value and excluded 12,273.47 10,620.16 1,272.00
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 calculating the Internal Loss Multiplier (ILM)? (Yes/No) T
12 If line 11 answer is ‘No’, is the internal loss data not use because of a discrepancy Y
of the minimum standards for loss data? (Yes/No)
13 Threshold used in calculating capital for operational risks (in Rupiah full 300,000,000.00
amount)
14 Other information (if any) Optional
1.2. Form D3 – Business Indicator Detailed Report
Column Column Column
No Business Indicator (BI) and component BI
Validation T Validation T-1 Validation T-2
1 Interest, Rent, and Dividend Components 4,187,858.66
1a. Interest Income 16,350,880.92 16,436,863.39 14,868,503.36
1b. Interest Expense 11,580,103.34 11,832,039.64 10,020,692.03
1c. Earning Assets 181,514,578.82 186,404,472.39 161,295,151.18
1d. Dividend Income 212,991.48 226,018.31 217,246.64
2 Services Components 1,467,320.98
2a. Fees and Commission Income 967,061.42 763,892.51 726,900.39
2b. Fees and Commission Expenses .00 .00 .00
2c. Other Operating Income 180,864.90 1,045,249.76 717,993.96
2d. Other Operating Expenses 332,096.19 283,875.98 254,947.87
3 Financial Components 1,594,514.06
3a. Net Profit Loss Trading Book .00 .00 .00
3b. Net Profit Loss Banking Book 1,679,419,44 1,648,854.98 1,455,267.75
4 IB 7,249,693.70
5 Business Indicator Components (BIC) 869,963.24
Business Indicator Disclosure
6a. Total BI including divested activities 7,249,693.70
6b. BI reduction due to the exclusion of divested activities .00
7 Additional information Optional
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Average
T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
15,653.20 9,815.87 57,093.74 20,39 15,823.98 262,058.98 400,91 38,503.27
9,00 18,00 12,00 14,00 6,00 11,00 8,00 10,60
.00 .00 .00 .00 .00 .00 .00 .00
.00 .00 .00 .00 .00 .00 .00 .00
15,653.20 9,815.87 57,093.74 20,39 15,823.96 262,058.98 400,91 38,503.27
1.3. Form D5 – RWA Calculation Report for Operational Risk using Standard Approach
No. Details Column Validation T
1 Business Indicator Components (BIC) 869,963.24
2 Internal Loss Multiplier Factor (ILM) 1,000,000.00
3 Operational Risk Minimum Capital (ROC) 869,963.24
4 RWA for Operational Risks 10,874,540.50
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2. Report on RWA Calculation for Operational Risk of the Bank (Consolidated)
2.1. Form D1 – Historical Loss Data Report
No Business Indicator (BI) and component BI T T-1 T-2
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss after calculating the recovery value (without exception) 12,998,14 10,983.16 1,678.16
2 Total occurrence of operational risk loss 14,00 12,00 4,00
3 Total excluded operational risk loss 0,00 0.00 0.00
4 Total occurrence of excluded operational risk loss 0,00 0.00 0.00
5 Total net operating loss after calculating the recovery value and excluded 12,998,14 10,983.16 1,678.16
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 calculating the Internal Loss Multiplier (ILM)? (Yes/No) T
12 If line 11 answer is ‘No’, is the internal loss data not use because of a discrepancy Y
of the minimum standards for loss data? (Yes/No)
13 Threshold used in calculating capital for operational risks (in Rupiah full 300,000,000.00
amount)
14 Other information (if any) Optional
2.2. Form D3 – Business Indicator Detailed Report
Column Column Column
No Business Indicator (BI) and component BI
Validation T Validation T-1 Validation T-2
1 Interest, Rent, and Dividend Components 4,379,426.21
1a. Interest Income 19,194,721.07 19,216,199.11 17,509,984.96
1b. Interest Expense 12,245,640.42 12,481,377.30 10,631,725.26
1c. Earning Assets 197,069,599.26 200,821,516.42 175,193,965.78
1d. Dividend Income 660,37 14,947.32 228,256.60
2 Services Components 1,824,059.03
2a. Fees and Commission Income 1,007,119.70 801,279.13 768,184.55
2b. Fees and Commission Expenses 00.00 00.00 00.00
2c. Other Operating Income 592,030.58 1,444,224.43 859,338.70
2d. Other Operating Expenses 444,151.00 368,957.83 325,509.98
3 Financial Components 1,594,836.00
3a. Net Profit Loss Trading Book 00.00 00.00 00.00
3b. Net Profit Loss Banking Book 1,679,825.06 1,649,281.20 1,455,401.74
4 IB 7,798,321.24
5 Business Indicator Components (BIC) 935,798.55
Business Indicator Disclosure
6a. Total BI including divested activities 7,798,321.24
6b. BI reduction due to the exclusion of divested activities 00.00
7 Additional information Optional
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Average
T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
15,653.20 9,815.87 57,093.74 20.39 15,823.98 262,058.98 400.01 38,652,65
10,00 18,00 12,00 14,00 6,00 12,00 8,00 11,00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0,00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0,00
15,653.20 9,815.87 57,093.74 20.39 15,823.98 262,058.98 400.91 38,652,65
2.3. RWA Calculation Report for Operational Risk using Standard Approach
No. Details Column Validation T
1 Business Indicator Components (BIC) 935.798,55
2 Internal Loss Multiplier Factor (ILM) 1.000.000,00
3 Operational Risk Minimum Capital (ROC) 935.798,55
4 RWA for Operational Risks 11.697.481,88
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RR: LEGAL RISK
General Qualitative Disclosures
Definition: Litigation
Legal risk is the risk arising from lawsuits and/or 1) Prepare strategies for handling civil, criminal,
weaknesses in juridical aspects. Weaknesses in juridical bankruptcy cases and other matters related to
aspects are caused, among other things, by the absence handling cases and ensure that the interests of the
of supporting legislation or weaknesses in engagements, Bank, management and employees of the Bank are
such as the non-fulfillment of the conditions for the legally protected;
validity of a contract and incomplete documentation 2) Represent and act as a defender, advisor and/or
of binding agreements. Legal risk may also arise from legal representative for the company, management
changes in applicable laws and regulations, as well as the and employees of the Bank in providing assistance in
enforcement of court decisions that may result in financial interactions with law enforcement officers, courts and/
losses for the Bank. or related agencies;
3) Provide/make legal studies related to the
As a company established within the legal jurisdiction implementation or creation of a policy, product,
of the Republic of Indonesia, the Bank must strictly service and Bank services;
comply with all Indonesian legal regulations, including 4) Coordinate with legal consultants, authorities or law
those issued by relevant regulators, such as the enforcement agencies or institutions at the central,
Financial Services Authority (OJK) and Bank Indonesia. regional and branch government levels related to
Furthermore, the Bank must adhere to all applicable handling and resolving cases.
laws and regulations within the community that are
either directly or indirectly related to the Bank’s business With the existence of the Corporate Legal & Litigation work
activities. Failure by the Bank to comply with applicable unit, all policies and legal document standards related
legal regulations may result in the emergence of lawsuits to banking products, services and/or facilities offered by
directed against the Bank. If such lawsuits filed against the Bank to the public, where the legal policies and legal
the Bank involve material values, they may have a direct document standards shall be made with reference to the
impact on the Bank’s financial performance.. provisions of applicable laws and regulations with due
consideration of the interests of the Bank’s legal aspects.
Risk Mitigation Strategy: In addition, one of the functions of the Corporate Legal &
To mitigate legal risks that may arise as a result of Litigation work unit is to handle every legal issue related to
lawsuits or juridical weaknesses, the Bank has a Corporate litigation to ensure that the legal risks that may arise can
Legal & Litigation work unit. The Corporate Legal & be minimised to the greatest extent possible. The unit runs
Litigation work unit has the following roles: legal risk management by monitoring the development
of legal cases that occur and taking lessons learnt from
Corporate Legal these cases. The handling of legal cases carried out at the
1) Provide analysis, legal advice/studies to the Board of Bank always takes into account the potential for losses,
Directors, Board of Commissioners and all work units both for resolving cases peacefully or through the courts.
at every level of the organisation; The Bank also pays special heed to handling legal cases
2) Conduct legal analysis/advice on the initiative of that have the potential to cause significant losses.
preparing products, services and services/activities
of the Bank, new projects and creating policies and
standard legal documents related to these products,
services, services and activities;
3) Provide legal advice/studies related to legal risk
exposure for a transaction both at the corporate level,
credit/ financing transactions and transactions that
occur as a result of a cooperation agreement with
Debtors/Customers or cooperation partners;
4) Conduct periodic reviews of agreements and/or
standard documents that have been made;
5) Conduct analysis and monitoring of legal risk
management;
6) Give periodic trainings on legal materials to relevant
work units and/or Bank employees;
7) Disseminate legal policies;
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SS: REPUTATIONAL RISK
General Qualitative Disclosures
In the Q4-2025, the Reputation Risk composite rating Reputational risk is maintained by managing all risks with
is Low (inherent risk rating = Low and KPMR rating = the potential to affect the Bank’s reputation through good
Satisfactory). corporate governance and effective risk management
processes. In managing reputation risk, especially in
Overall, several components of the risk profile, especially dealing with what happened in Q4-2025, the Bank has
the frequency, materiality and exposure to negative news, provided responses and clarifications so that reputation
show an improving level of risk. risk can be mitigated very well.
The assessment factors are as follows: In order to further strengthen the quality of Reputation
1. Effect of Reputation of Bank Owners and Related Risk management implementation, the Bank has
Companies Overall, several components of the risk formulated a Reputation Risk Management Policy and has
profile in the owner of the Bank and related companies communicated it to all work units/divisions/branches of
reputation influence factor show that the level of risk is the Bank so that it can run optimally.
still suitable with the limits set by the Bank.
2. Business Ethics Violation Overall,
several components of the risk profile in business
ethics violations indicate a level of risk that is still
suitable with the limits set by the Bank.
3. Product Complexity and Bank Business Cooperation
Overall,
several components of the risk profile for the product
complexity factor and the Bank’s business cooperation
show a level of risk that is still suitable with the limits
set by the Bank.
4. Frequency, Materiality and Exposure to Negative Bank
News Overall,
several components of the risk profile for the factors of
frequency, materiality and exposure to negative news
of the Bank show a low level of risk, although there is
still negative news about the Bank, this is still suitable
with the limits set by the Bank.
5. Frequency and Materiality of Customer Complaints
Overall,
several components of the risk profile for the
frequency and materiality factor of customer
complaints show a low level of risk, although there are
still customer complaints against the Bank, these are
still suitable with the limits set by the Bank.
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TT: STRATEGIC RISK
General Qualitative Disclosures
Definition: 2. MSME (Micro, Small, and Medium Enterprises)
Strategic risk is the risk resulting from making The Bank continues to expand its support for the MSME
inappropriate strategic decisions, failure to anticipate segment through digital innovation and strategic
changes in the business environment, inability to collaboration, including:
implement a strategic decision, or a combination of • Increasing MSME financing disbursement by
these. This risk also includes the Bank’s ability to create strengthening digital-based financing solutions.
a competitive advantage in the midst of increasingly • Launching an integrated MSME microsite as a
intense banking competition. Inability to face these hub for product information, services, and various
business challenges, which continue to change from time digital tools for customers.
to time, will result in failure to achieve the vision that has • Expanding dealer financing through collaboration
been set. with Maybank Finance.
3. Retail
Risk Mitigation Strategy: To strengthen the Bank’s position in the Indonesian
The Bank formulates risk mitigation for strategic retail market, various customer-focused initiatives
initiatives and service development plans by considering have been implemented, including:
competitiveness and competitive advantage factors, • Launching a customized customer journey
market conditions, regulations and business environment. program for new customers to improve financial
Implementation of the bank’s strategic programs is literacy
carried out with supervision and governance to facilitate • Strengthening wealth solutions through regional
acceleration, risk mitigation and escalation needs and product offerings and synergies with Maybank
direction in strategic decision making. The bank also Securities Indonesia and Maybank Asset
continues to evaluate the long-term strategic plan that Management Indonesia for affluent customers
has been prepared, by looking at developments that • Expanding digital partnership channels through the
occur as well as market conditions after the pandemic, development of Open API capabilities
competition and current bank performance. • Developing the Home Ownership Loan (KPR)
As restrictions on community activities and mobilisation process to enhance the retail customer experience.
are eased, the Bank is again actively conducting customer
visits to obtain feedback on banking and transactional
needs, as well as becoming a strategic partner to provide
solutions for each customer’s needs
With the aim of supporting the achievement of business
goals and long-term objectives, the Bank has undertaken
various strategic initiatives throughout 2025 in line with
the 5 pillars of the ”Uplift Indonesia” strategy, namely:
1. Global Banking
Throughout 2025, the Bank strengthened its Global
Banking business by providing increasingly relevant
and integrated solutions for corporate clients,
including:
• Enhancing the service approach to clients
through the client coverage team to build deeper
relationships.
• Streamlining the supplier financing process to
improve service speed and customer experience.
• Launching a new trade platform equipped with
services such as Bank Guarantees, Letters of Credit
(L/C), and trade financing facilities.
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4. Accelerating Sharia
In order to strengthen its leadership in Sharia banking
solutions, the Bank recorded several strategic
initiatives throughout 2025, including:
• Expanding partnerships with Islamic organizations
and communities.
• Launching a Sharia inheritance calculator and
Sharia inheritance consultation services to support
customers’ financial planning.
• Strengthening marketing activities for Sharia
Wealth Management services.
• Developing community-based financing initiatives
through collaboration with mosques and digital
donation platforms.
• Launching a Hajj financing program in
collaboration with WOM Finance.
• Executing the inaugural Sharia Restricted
Investment Account (SRIA) transaction in Indonesia
to strengthen the Bank’s position in corporate
Sharia solutions.
5. Enablers
To support business growth and improve the quality
of the customer experience, the Bank continues to
strengthen internal capabilities through:
• Implementing a branch transformation program to
improve service quality and customer comfort.
• Enhancing workforce productivity through
the utilization of digital sales tools and the
strengthening of digital-based marketing.
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UU: COMPLIANCE RISK
General Qualitative Disclosures
Along with the increasing risks in the management of the Board of Directors, Senior Management, business/
Indonesian banking, the Compliance Directorate always operational units and control and reporting functions
emphasises the implementation of Compliance Culture
at all levels of the organisation and business activities of The Business & Support Unit, which is the first line of
the Bank. This is because the management of Compliance defense, is responsible for managing compliance risks
Risk is the responsibility of all business and support units inherent in day-to-day business/operational activities. Its
in the Bank primary responsibility is to manage compliance risk in the
Bank’s lines of business.
In accordance with the provisions of the Financial Services
Authority Regulation No. 46/POJK.03/2017 dated July 12, The Compliance Unit, which is the second line of defense,
2017 concerning the Implementation of the Compliance must supervise the implementation of the Compliance
Function of Commercial Banks, Compliance Risk is Function, including in overseas branches. Supervision of
defined as the risk arising from the Bank’s failure to subsidiaries and sister companies is conducted within
comply with and/or not implement the provisions of laws the corridor of the implementation of OJK Regulation
and regulations, including Sharia Principles for Sharia on Integrated Governance. The Compliance Unit is
Commercial Banks and Sharia Business Units. Meanwhile, responsible for overseeing and supporting compliance
the Basel Committee defines Compliance Risk as the with regulations issued by the Regulators (OJK & BI),
risk of legal and regulatory sanctions, financial loss or particularly in high-risk areas. The Compliance Unit is
reputational damage that may be suffered by the Bank also required to independently supervise the operational
as a result of non-compliance with applicable laws, activities and procedures established to comply with
regulations and internal policies as well as codes of ethics the regulations issued by the Regulators and mitigate
and codes of conduct applicable to its business activities. compliance risks and violations.
The Bank’s Compliance Organisation Structure is led Furthermore, the activities of the Compliance Function
by a Director in charge of the Compliance Function. In are also the scope for the Internal Audit Unit (SKAI) as the
order to create a Compliance Culture, the Bank has a Bank’s third line of defense in conducting periodic reviews.
Compliance Working Unit, which is formed separately,
independent of the operational working unit and free from “In order to manage the Bank’s Compliance Risk, the
the influence of other working units, and has direct access Compliance Working Unit carries out a number of
to the Director in charge of the Compliance Function. activities in order to support and improve the Compliance
The Compliance Working Unit is tasked with effectively Culture at all levels of the organisation, including the
managing Compliance Risks faced by the Bank, realising following:
the implementation of Compliance Culture at all levels of 1. Establishment of compliance strategies and programs
the organisation and business activities of the Bank and (Compliance Program)
monitoring the fulfillment of commitments that have been 2. Identify, measure, monitor, and control Compliance
made to the competent authorities as well as assessing Risk through:
and/or evaluating the adequacy and suitability of policies, a. Self-assessment of Compliance Risk profile.
systems and procedures owned by the Bank against the b. Self-assessment of the implementation of good
provisions of Bank Indonesia (BI), the Financial Services corporate governance both individually and on a
Authority (OJK) and other applicable laws and regulations, consolidated basis with subsidiaries.
as well as recommending updates and improvements c. Monitor follow-up on Compliance Risks incurred for
to policies, systems and procedures based on regulatory compliance status report.
developments. In relation to the implementation of 3. Monitoring the fulfillment of prudential banking ratios.
Anti-Money Laundering and Countering the Financing 4. Keeping effective communication with the Sharia
of Terrorism (AML/CFT) principles, the Bank also has Supervisory Board (DPS) regarding the implementation
a Financial Crime Compliance Unit that functions to of the compliance function of the Bank’s Sharia
implement AML/CFT programs bankwide by referring to Business Unit (UUS).
laws and regulations related to AML/CFT. 5. Conducting studies/reviews related to the submission
and reporting of new products and activities in order
Compliance Risk Management is the responsibility of to obtain approval from the Regulator and ensuring
every employee at different levels of the hierarchy. The that the new products and activities comply with the
Bank’s Compliance Risk governance structure emphasises Regulator’s regulations.
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6. Conducting studies and/or recommending updates b. The implementation of the Compliance Plan
and improvements to Bank policies, provisions, SelfAssessment (CPSA) which is a self-assessment
systems and procedures, based on gap analysis of media for work units and branch offices to
new provisions issued by OJK, BI, and other regulatory measure the level of compliance with Regulator
bodies and to see the possibility of making it simpler regulations that are relevant to the Bank’s business
as long as it does not conflict with applicable and operations; it is also one of the control tools
provisions. in conducting compliance tests on work units and
7. Conducting assessments and evaluations of the branch offices.
effectiveness, adequacy, and suitability of Bank 15. Ensuring the compliance of work units/branch offices
policies/ procedures and exerting efforts to ensure with regulations relevant to the Bank’s business and
that policies, provisions, systems, procedures, and their operations issued by Regulators (specifically OJK and
implementation in the Bank comply with applicable BI) through:
Regulatory provisions; this should be achieved by a. Implementation of periodic compliance testing
conducting studies and providing input in the form of, in accordance with the Compliance Testing Plan
among others, Compliance Review Sheets, electronic to ensure the compliance of work units/branch
mail (e-mail), memorandums or in the form of offices with regulations issued by Regulators
discussions or meetings. (specifically OJK and BI).
8. Monitoring the work unit’s action plan for new b. Implementation of the Compliance Plan Self-
provisions issued by OJK, BI, and other laws and Assessment (CPSA), which serves as a self-
regulations. assessment tool for work units and branch offices
9. Providing training/socialisation to employees in work to measure the level of compliance with Regulator
units and/or branch offices regarding Compliance regulations relevant to the Bank’s business and
Awareness and/ or Banking Regulations in order operations, and also functions as a control
to improve understanding and awareness of the mechanism in conducting compliance testing at
Compliance Culture which is part of the corporate work units and branch offices.
culture.
10. Submitting reports related to the Compliance Function
periodically to the Regulator. VV-YY: GOVERNANCE
11. Acting as a Liaison Officer in coordinating inspection
and supervision activities by the Regulator towards the Remuneration Policy
Bank.
12. Monitoring the follow-up of the result of audit Explanation of the Remuneration Policy refers to the
performed by the Regulator on the Bank’s discussion in the Corporate Governance chapter of this
commitment and submitting follow-up reports to the Annual Report.
Regulator periodically.
13. Conducting continuous coordination and
communication with related work units and members
of the Bank’s Financial Conglomerate regarding
the implementation of the integrated Compliance
Function and other related reports.
14. Monitoring regulatory fines received by the Bank
including the follow-up improvement commitments
(action plan) from work units/branch offices.
15. Ensuring compliance of work units/branch offices
with regulations relevant to the Bank’s business and
operations issued by the Regulator (especially OJK
and BI) through:
a. The implementation of periodic compliance testing
in accordance with the Compliance Testing Plan in
order to ensure compliance of work units/branch
offices with regulations issued by the Regulator
(especially OJK and BI).
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Good Corporate
Governance
Good Corporate Governance 430 Transparency of The Bank’s Financial and Non- 608
Financial Condition That Have Not Been Disclosed in
Basis for Corporate Governance Policy 431 Other Reports
Year-On-Year Focus of Governance Implementation 431 Quarterly Publication Report 609
Corporate Governance Roadmap 437 Provision of Funds to Related Party and Large Exposure 610
Bank's Governance Structure 438 Provision of Funds for Social and Political Activities 611
Self-Assessment Results of Good Corporate 440 Procurement Policy of Goods and Services 612
Governance Implementation i n 2025
Customer Protection Policy 613
Information on Major and Controlling Shareholders 441
Anticorruption Policy 613
General Meeting of Shareholders 442
Creditors' Rights Safeguard 613
Board of Commissioners 458
Dividend Distribution Policy, ESOP MESOP Policy (Long- 614
Board of Directors 485 Term Compensation Policy)
Affiliation between Board of Commissioners, Board of 510 Conflict of Interest Policy (including Insider Trading) 615
Directors and Majority/Controlling Shareholders
Affiliate and Conflict of Interest Transactions in 615
Board of Commissioners and Directors Diversity Policy 511 accordance with Financial Services Authority
Committees of the Board of Commissioners 514 Regulation No. 42/POJK.04/2020 concerning “Affiliate
Transactions and Conflict of Interest Transactions”
Remuneration Policy 545
Bad Corporate Governance Practices 617
Committees of the Board of Directors 550
Bank Strategic Plan 618
Corporate Secretary 568
Action Plan and its Implementation 618
Corporate Security Management 572
Ratio of Highest and Lowest Salary and 619
Compliance Unit 573 Variable Remuneration Received by Employees
Administrative Sanctions 575 Shares and/or Bank Bond Buy Back 619
Implementation of the Anti-Money Laundering 576 Other Information Related to Bank Governance 620
Program, Counter-Terrorism Financing, and Prevention
of the Financing of Weapons of Mass Destruction Implementation of OJK Public Company Governance 621
Proliferation Program (AML CFT & CPF) Guidelines
Whistleblowing System and Anti Fraud 578 General Guidelines for Indonesian Corporate 625
Governance (PUGKI)
Legal Issues 580
Implementation of Corporate Governance Aspects 642
Taxation Management and Control 585 and Principles in Accordance with the Guidelines of
Corporate Governance Principles for Banks Issued by
Internal Audit Unit 586
the Basel Committee in Banking Supervision
Internal Control System 591
Integrated Governance Implementation Report 644
Investor Relations 595
Implementation of the ASEAN Corporate Governance 649
Risk Management 597 (CG) Scorecards
Public Accountant/External Auditor 601 Board of Commissioners Approval Sheet Good 658
Corporate Governance (GCG) Implementation Report
Access to the Company’s Information 603 2025 PT Bank Maybank Indonesia Tbk
and Data
Board of Directors Approval Sheet Good Corporate 659
Code of Ethics and Code of Conducts 605 Governance (GCG) Implementation Report 2025
PT Bank Maybank Indonesia Tbk
Corporate Culture 607
GCG Report Shariah Business Unit 2025 660
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06 / G O O D C O R P O R A T E G O V E R N A N C E
GOOD CORPORATE GOVERNANCE
In line with the Company’s values and aspirations
in advancing Humanising Financial Services,
Maybank Indonesia is committed to establishing
and strengthening the implementation of Good
Corporate Governance (GCG) as the primary
foundation for creating sustainable value for all
Stakeholders.
Effective implementation of Corporate Governance is a Maybank Indonesia integrates sustainability principles
key determinant in strengthening the Bank's performance, into all business processes, from strategic planning and
creating sustainable added value for stakeholders, risk management to product and service development.
and ensuring sound business practices with integrity to In response to changes in the economic, social,
support long-term business sustainability. and environmental business environment, the Bank
consistently maintains quality growth through disciplined
risk management, strengthening its capital structure,
Maybank Indonesia implements Good Corporate and diversifying revenue sources to increase resilience to
Governance (GCG) as a manifestation of its commitment market volatility. On the social side, the Bank encourages
to protecting the interests of Shareholders and all responsible business practices through customer
Stakeholders, while strengthening compliance with protection, improving financial literacy, and supporting
laws and regulations and ethical standards applicable financing for MSMEs and priority sectors. Meanwhile, on
in the banking industry. At Maybank Indonesia, GCG the environmental side, financing policies are selectively
is not merely a compliance obligation, but a strategic directed, taking environmental risks into account, and
foundation for building competitive advantage and enhancing the sustainable financing portfolio in line
creating sustainable value, both in the short and long with ESG (Environmental, Social, and Governance)
term. principles. All of these implementations are based on the
corporate governance pillars, ETAK (Ethics, Transparency,
GCG implementation is carried out consistently by Accountability, and Sustainability), which serve as the
integrating all key principles: transparency, accountability, foundation for every business decision-making process.
responsibility, independence, fairness, and equality
(TARIF). These principles are internalized into a As one of Indonesia's leading private banks, Maybank
comprehensive governance framework encompassing Indonesia consistently strengthens and improves its GCG
three main pillars: Governance Structure, Governance practices, aligned with business dynamics and adhering
Process, and Governance Outcome. to applicable national and international regulations,
guidelines, and governance standards. Regular
In line with this commitment, Maybank Indonesia also evaluations of GCG implementation are conducted to
prioritizes sustainability aspects in all business activities, ensure compliance and effectiveness across all levels of
through the synergistic integration of environmental, the organization. Recommendations resulting from these
social, economic, and governance dimensions. evaluations serve as strategic elements in improving
governance quality and optimizing the implementation of
best practices within the Bank.
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BASIS FOR CORPORATE GOVERNANCE POLICY 2021
The implementation of Good Corporate Governance
(GCG) in the Bank is based on a comprehensive • Conducted the Annual General Meeting of
regulatory framework and best practices, which include, Shareholders, Maybank Indonesia was among
but are not limited to, the following provisions: the first banks to hold virtual AGMs and utilised
1. Laws of the Republic of Indonesia governing the e-proxy facilities as mandated by OJK Regulation
Capital Market, Limited Liability Companies, and No. 16/POJK.04/2020 regarding the Implementation
Banking; of Electronic Annual General Meetings of Public
2. Financial Services Authority Regulations (POJK) Companies;
and OJK Circular Letters (SEOJK), specifically • Changed the composition of Maybank Indonesia's
those relating to Governance, Annual Reports, Board of Commissioners with the appointment
Risk Management, Internal Control Systems, and of Mr. Putut Eko Bayuseno, thus exceeding the
Financial Conglomerates, along with all other related number of Independent Commissioners stipulated
regulations; by OJK Regulation 55/ POJK.03/2016 regarding the
3. The Indonesian Corporate Governance Roadmap Governance of Commercial Banks.
as announced by the OJK in a press release dated • Established the formation of the Board-level
February 4, 2014; Whistleblowing Governance Committee, as part of
4. The General Guidelines for Indonesian Corporate Maybank Indonesia's strategic initiative to ensure
Governance (PUGKI) 2021 issued by the National adequate implementation of whistleblowing
Committee for Governance Policy (KNKG); governance;
5. The ASEAN Corporate Governance Scorecard (ACGS) • Appointed changes in the membership composition of
issued by the ASEAN Capital Market Forum (ACMF); the Audit Committee, Risk Monitoring Committee, and
6. The Company's Articles of Association and all Nomination and Remuneration Committee in relation
amendments thereto, as well as Resolutions of the to the new composition of Maybank Indonesia's Board
General Meeting of Shareholders (GMS); and of Commissioners.
7. The Bank's internal Governance policies and • Updated the Integrated Governance Guidelines,
guidelines. Integrated Compliance Guidelines, Integrated Internal
Audit Guidelines, and Integrated Risk Management
In addition to compliance with the regulatory framework, Framework
Maybank Indonesia periodically reviews and evaluates • Implemented the performance assessment policy
the adequacy and updates of its internal GCG policies. of the Board of Commissioners and Committee
This step is taken to ensure that the Bank's GCG structure Evaluation of the Board of Commissioners through the
remains relevant, adaptable to organizational dynamics Board of Commissioners and Committee Effectiveness
and business strategies, and aligned with developments Evaluation (BEE) framework.
in applicable laws and regulations. • Continued initiatives since 2019, the Bank consistently
provided training/socialisation to employees in
YEAR-ON-YEAR FOCUS OF GOVERNANCE units and/or branch offices regarding Compliance
IMPLEMENTATION Awareness to enhance understanding and awareness
In maintaining and enhancing the quality of GCG of compliance culture, which is part of the corporate
implementation, Maybank Indonesia continues to make culture.
necessary improvements and refinements. At the same • The Bank also provided socialisation and/or training
time, Maybank Indonesia also continuously develops on Compliance Culture Awareness to all Bank
GCG in line with best practices to provide adequate employees, conducting Compliance Safaris to various
protection and fair treatment for all shareholders and regions.
other stakeholders. From year to year, the implementation • Signing of Integrity Pacts by all Directors, Board of
of Bank GCG is consistently directed towards maximising Commissioners, and Bank employees based on
shareholder value for the Bank. The information regarding OJK Regulation No. 39/POJK.03/2019 Regarding
the development of Bank GCG implementation over the the Implementation of Anti Fraud Strategies for
past 5 years is as follows: Commercial Banks, with the Integrity Pacts renewed
annually.
• Disclosed audit fees for public accounting firms for the
fiscal year 2021.
• Maybank Indonesia disbursed dividends for the
fiscal year 2021 in a timely manner, i.e., 30 days after
approval by Shareholders at the 2021 Annual General
Meeting of Shareholders.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
2022 • Continuing initiatives since 2019, the Bank consistently
provided training/socialisation to employees in
• Holding the Annual General Meeting of Shareholders, units and/or branch offices regarding Compliance
utilising e-proxy facilities as mandated by OJK Awareness to enhance understanding and awareness
Regulation No. 16/POJK.04/2020 regarding the of compliance culture, which is part of the corporate
Implementation of Electronic Annual General Meetings culture.
of Public Companies (e-RUPS) using the eASY.KSEI • Implementing the performance assessment policy
application (utilising e-Voting eASY.KSEI feature and of the Board of Commissioners and Committee
live streaming webinar of the AGM). Evaluation of the Board of Commissioners through the
• Changes in the composition of Maybank Indonesia's Board of Commissioners and Committee Effectiveness
Board of Commissioners, with the appointment Evaluation (BEE) framework for the year 2022.
of Dato' Sri Khairussaleh Ramli as President • Bestowal of "The Best Responsibility of the Board"
Commissioner and Dato' Zulkiflee Abbas Abdul award in the Largest Market Capitalisation Emitent
Hamid as Commissioner through the Annual General category. The award was presented by the Indonesian
Meeting of Shareholders held on 25 March 2022. With Institute for Corporate Directorship (IICD) at the 13th
the appointment of these Board of Commissioners IICD Corporate Governance Award 2022 event on 27
members, the membership structure and composition May 2022.
of Maybank Indonesia's Board of Commissioners are • Creating and conducting socialisation on Internal
in accordance with OJK Regulation 55/POJK.03/2016 Regulation governance aimed at realising good
regarding the Governance of Commercial Banks. Internal Regulation governance in the Bank.
• Changes in the composition of Maybank Indonesia's • Ensuring that Internal Regulation governance is
Board of Directors, with the appointment of Bambang in accordance with the applicable hierarchy and
Andri Irawan as Director of Information and avoiding overlaps between issued Internal Regulations.
Technology through the Annual General Meeting of • Enhancing the quality of training materials for new and
Shareholders held on 25 March 2022. existing employees as well as work references through
• In order to strengthen the active oversight function internal regulation governance, thus improving the
of the Board of Commissioners over Information evaluation process of task implementation.
Technology, Maybank Indonesia established the • Managing vital documents and company inactive
Information and Technology Oversight Committee. documents bankwide in accordance with document
• Changes in the composition of the Integrated Good governance standards referring to legislation and
Corporate Governance members in the Maybank based on applicable best practices, thus creating
Indonesia Financial Conglomeration, so that the good, safe, structured, and effective company
Committee membership is represented by each document management in line with efforts to provide
Financial Conglomeration member LJK. document usage support for business purposes and
• Changes in the composition of the Audit Committee, policy formulation.
Risk Monitoring Committee, and Nomination and • Updating charters for the Risk Monitoring Committee
Remuneration Committee related to the new and Information and Technology Oversight
composition of the Board of Commissioners. Committee, in accordance with current regulations.
• The Bank also provided socialisation and/or training
on Compliance Culture Awareness to all Bank
employees, conducting Compliance Safaris to various
regions.
• Maybank Indonesia disbursed dividends for the
fiscal year 2022 in a timely manner, i.e., 30 days after
approval by Shareholders at the 2022 Annual General
Meeting of Shareholders.
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2023 • 2023, the Bank announces the results of the AGM,
including each resolution and the voting results for
• The Bank held the Annual General Meeting of each resolution, to the Public on the next business day
Shareholders physically and electronically using the • Holding the Annual General Meeting of Shareholders,
KSEI Electronic General Meeting System Application utilising e-proxy facilities as mandated by OJK
("eASY.KSEI Application") provided by PT Kustodian Regulation No. 16/POJK.04/2020 regarding the
Sentral Efek Indonesia ("KSEI"), in accordance with the Implementation of Electronic Annual General Meetings
provisions of the Financial Services Authority ("OJK") of Public Companies (e-RUPS) using the eASY.KSEI
Regulation Number 15/POJK.04 /2020 regarding the application (utilising e-Voting eASY.KSEI feature and
Plan and Implementation of General Meeting of live streaming webinar of the AGM).
Shareholders of Public Companies, Financial Services • Changes in the composition of the Audit Committee,
Authority Regulation Number 16/POJK.04/2020 Risk Monitoring Committee, and Nomination and
regarding the Implementation of Electronic General Remuneration Committee related to the new
Meeting of Shareholders of Public Companies, KSEI composition of the Board of Commissioners.
Regulation Number XI-B regarding Procedures • The Bank also provided socialisation and/or training
for Implementing Electronic General Meeting of on Compliance Culture Awareness to all Bank
Shareholders Accompanied by Voting through KSEI employees, conducting Compliance Safaris to various
Electronic General Meeting System ("eASY. KSEI"), regions.
and Article 11 paragraph 1 of the Bank's Articles of • Maybank Indonesia disbursed dividends for the
Association. The Bank has also provided an alternative fiscal year 2023 in a timely manner, i.e., 30 days after
electronic proxy (e-Proxy) for shareholders to attend approval by Shareholders at the 2023 Annual General
and vote at the Meeting through the eASY.KSEI Meeting of Shareholders.
application, as a fulfilment of the provisions of Article • Continuing initiatives since 2019, the Bank consistently
27 OJK Regulation 15 provided training/socialisation to employees in
• The Bank paid the 2022 Cash Dividend to Shareholders units and/or branch offices regarding Compliance
in a fair and timely manner. All Shareholders were Awareness to enhance understanding and awareness
treated equally and received the Cash Dividend of compliance culture, which is part of the corporate
in less than 30 days after it was approved by the culture.
Shareholders in the General Meeting of Shareholders. • Implementing the performance assessment policy
The Cash Dividend was paid to all Shareholders on 28 of the Board of Commissioners and Committee
April 2023, following approval at the Annual General Evaluation of the Board of Commissioners through
Meeting of Shareholders on 31 March 2023 the Board of Commissioners and Committee
• In accordance with the Regulation of the Financial Effectiveness Evaluation (BEE) framework for the year
Services Authority of the Republic of Indonesia 2023. The performance assessment of the Board of
Number 17 of 2023 concerning the Implementation Commissioners is also conducted by the Board of
of Governance for Commercial Banks and in order to Directors.
improve the management of Shareholders' rights in • Receiving "The Best Responsibility of the Board"
the implementation of Dividend Distribution, the Bank award in the Largest Market Capitalisation Emitent
has an Internal Policy regarding Dividend Distribution, category. The award was presented by the Indonesian
which is contained in the Board of Directors Regulation Institute for Corporate Directorship (IICD) at the 14th
No. PER.DIR.2024.001/DIR COMPLIANCE concerning IICD Corporate Governance Award 2022 event on 18
"Guidelines for the Process and Mechanism of the September 2023.
Company's Dividend Payment to Shareholders", so that • Creating and conducting socialisation on Internal
the Bank's Dividend Distribution to Shareholders can Regulation governance aimed at realising good
be implemented in accordance with applicable laws Internal Regulation governance in the Bank.
and regulations and guided by good governance for • Ensuring that Internal Regulation governance is
the Bank, while still taking into account the interests of in accordance with the applicable hierarchy and
the Bank. This Board of Directors Regulation contains avoiding overlaps between issued Internal Regulations.
instructions for the implementation of activities for
work units related to the Bank's Dividend Distribution
to Shareholders, so that it is expected that the
implementation of these activities can be carried out
more effectively, accountably, organised and timely, in
compliance with applicable regulations. This Internal
Policy has been communicated to Shareholders and is
available on the Bank's website
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06 / G O O D C O R P O R A T E G O V E R N A N C E
• Enhancing the quality of training materials for new and • To implement OJK Regulation No. 17 of 2023 concerning
existing employees as well as work references through the Implementation of Governance for Commercial
internal regulation governance, thus improving the Banks, which was passed in September 2023, Maybank
evaluation process of task implementation. Indonesia has made adjustments to its governance
• Managing vital documents and company inactive documents as a form of the Bank's regulatory
documents bankwide in accordance with document compliance. The regulations that have been adjusted
governance standards referring to legislation and include the Corporate Governance Company Bylaws,
based on applicable best practices, thus creating the Charters of the Board of Directors and the Board
good, safe, structured, and effective company of Commissioners, the Charter for all Committees
document management in line with efforts to provide at the Board of Directors Level and the Board of
document usage support for business purposes and Commissioners Levels, and other related regulations.
policy formulation. • The Governance Framework for the Maybank
• In connection with the issuance of OJK Regulation Indonesia iB Unit refers to OJK Regulation No. 2 of 2024
No. 17 of 2023 regarding the Implementation of concerning the Implementation of Sharia Governance
Governance for Commercial Banks, the Bank made for Sharia Commercial Banks and Sharia Business
comprehensive adjustments to Bank governance Units, which was passed in February 2024. As an
policies; among others, to the Board of Directors internal implementing regulation for the governance,
Guidelines, Board of Commissioners Guidelines, the Maybank Indonesia iB Unit has in place a Sharia
Committee Guidelines, and other internal policies. Governance Policy that is made certain to align with
• PT Bank Maybank Indonesia Tbk was one of the the referred OJK Regulation.
Winners of the Annual Report Award (ARA) 2022. ARA is • Received the "The Best Disclosure and Transparency"
organised by the National Committee on Governance and "Top 50 Big Cap Issuers" awards , the award
Policy ("KNKG"). The Indonesia Stock Exchange was given by the Indonesian Institute for Corporate
consistently supports the ARA event from year to year, Directorship (IICD) at the 15th IICD Corporate
with the aim of encouraging companies to be more Governance Award 2024 on 25 November 2024.
open and clearer in providing disclosures regarding • In connection with the issuance of OJK Regulation No.
corporate governance practices and sustainability, 30 of 2024 concerning Financial Conglomeration and
thereby increasing public trust, including investors and Financial Conglomeration Holding Companies, which
shareholders. was passed in December 2024. Maybank Indonesia
meets the criteria as a financial Conglomeration as
2024 specified in Article 2 paragraph (1) of the referred
OJK regulation No. 30 of 2024, and thus, will submit
• In 2024, Maybank Indonesia made changes to an application for the establishment of a Financial
the composition of its Board of Directors, Board of Conglomeration Holding Company to the OJK, 6 (six)
Commissioners, and Sharia Supervisory Board as a months since the issuance of OJK Regulation No. 30 of
strategic step to strengthen leadership and encourage 2024.
sustainable growth amidst increasingly complex • In connection with the issuance of OJK Regulation
industry dynamics. The changes in the composition of No. 15 of 2024 concerning the Integrity of Bank
the Board of Directors, Board of Commissioners, and Financial Reports, which was enacted in October 2024,
Sharia Supervisory Board aim to deliver on the Bank's Maybank Indonesia has issued a Company Regulation
commitment to adapting to market demands and concerning the Integrity of Financial Reporting. In
ensuring more responsive and adaptive management addition, the Bank has also prepared a plan and
to future challenges and opportunities. framework to implement OJK Regulation No. 15 of 2024
• In line with the changes in the compositions of the at Maybank Indonesia.
Board of Directors, Board of Commissioners, and
Sharia Supervisory Board, Maybank Indonesia also
made some changes to the membership composition
of Committees at both the Board of Directors and
the Board of Commissioners levels, in addition to
subsequent changes due to the changes to the
compositions of the Board of Directors, Board of
Commissioners, and Sharia Supervisory Board.
434 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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• As part of an effort to strengthen the implementation • The Bank paid Cash Dividends for the 2023
of the OJK Regulation No. 8 of 2023 Concerning the Financial Year to Shareholders fairly and on time. All
Implementation of Anti-Money Laundering, Prevention Shareholders were treated equally and received Cash
of Terrorism Financing, and Prevention of Proliferation Dividends within 30 days after being approved by
of Weapons of Mass Destruction Funding Programs in Shareholders in the General Meeting of Shareholders.
the Financial Services Sector/PPPSPM (“OJK Regulation Cash Dividends were paid to all Shareholders on 30
8/2023”), Maybank Indonesia is always committed to April 2024, after being approved in the Annual GMS
implementing a series of integrated strategic steps, held on 31 March 2023.
including: • In 2024, the Bank announced the results of the Annual
1. Issuing Policies and Procedures GMS and Extraordinary GMS, including each decision
2. Ensuring the Implementation of AML, PPT, and and voting results for each decision, to the Public on
PPPSPM Programs the following business day.
3. Setting up a Special Work Unit and/or Appointing a • Routinely disseminated information on Internal
Responsible Official Regulation governance to all Work Units with the aim
4. Ensuring Discussion of AML, PPT, and PPPSPM of realising effective Internal Regulation governance.
Programs in Board of Directors Meetings Ensured that Internal Regulation governance remained
5. Ensuring Effective Audit Functions compliant with the applicable hierarchy and avoided
6. Handling Issues Related to AML, PPT, and PPPSPM overlaps between issued Internal Regulations.
7. Providing Approval for Fraud Follow-up Reports • Paid benchmark visits on archive management at
(LTKM) other institutions, updated the Company's archive
8. Organising training related to AML, PPT, and PPPSPM management policy, and socialised the policy to all
Programs branch offices and head offices, thereby increasing
• The Bank holds an Annual General Meeting of awareness of better company archive management.
Shareholders physically and electronically using the • Based on OJK Regulation No. 8 of 2023 concerning
KSEI Electronic General Meeting System Application the Implementation of Anti-Money Laundering,
(“Application eASY. KSEI”) provided by PT Kustodian Prevention of Terrorism Financing, and Prevention
Sentral Efek Indonesia (“KSEI”), in accordance with the of Proliferation of Weapons of Mass Destruction
provisions of the Financial Services Authority (“OJK”) Funding Programs in the Financial Services Sector, the
Regulation Number 15/ POJK.04/2020 concerning Board of Commissioners and the Board of Directors
the Planning and Convention of General Meetings of are mandated to provide active oversight of the
Shareholders of Public Companies, Financial Services Bank's AML/CFT Program implementation. To provide
Authority Regulation Number 16/ POJK.04/2020 stronger oversight, the Board of Commissioners/
concerning the Convention of General Meetings of Board of Directors may consider attending AML/CFT
Shareholders of Public Companies Electronically, Refreshment Training to update and enhance their
KSEI Regulation Number XI-B concerning Convention understanding of the risks and dynamics of local AML/
Procedures for General Meetings of Shareholders CFT/Sanctions and ABC (Anti-Bribery & Corruption)
Electronically Accompanied by Voting through the practices. Such refreshment training was conducted
KSEI Electronic General Meeting System (“eASY.KSEI”), on 22 November 2024 to share insights on the
and Article 11 paragraph 1 of the Bank's Articles of expectations of OJK/PPATK, aimed at assisting MBI in
Association. The Bank has also provided an alternative improving our capabilities to mitigate AML/CFT risks.
electronic power of attorney (e-Proxy) for shareholders
to attend and vote at the Meeting through the eASY.
KSEI application, in fulfilment of the provisions of Article
27 OJK Regulation 15.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 435
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06 / G O O D C O R P O R A T E G O V E R N A N C E
2025 • Received the "The Best Disclosure and Transparency"
and "Top 50 Big Cap Issuers" awards, the awards were
• The Bank holds the Annual General Meeting of presented by the Indonesian Institute for Corporate
Shareholders physically and electronically using the Directorship (IICD) at the 15th IICD Corporate
KSEI Electronic General Meeting System Application Governance Award 2025 on 15 September 2025.
(“Application eASY.KSEI”) provided by PT Kustodian • Throughout 2025, the Bank issued 320 Internal
Sentral Efek Indonesia (“KSEI”), in accordance with Regulations consisting of 16 Company Regulations,
the provisions of Financial Services Authority (“OJK”) 180 Board of Directors Regulations, and 124 Work Unit
Regulation Number 15/POJK.04/2020 concerning Regulations.
the Planning and Convention of General Meetings of • Routinely updated and disseminated the Internal
Shareholders of Public Companies, Financial Services Regulation governance policy to all work units within
Authority Regulation Number 16/POJK.04/2020 the Bank with the aim of realising effective Internal
concerning the Convention of General Meetings of Regulation governance.
Shareholders of Public Companies Electronically, • Ensured that Internal Regulation governance remained
KSEI Regulation Number XI-B concerning Convention compliant with the applicable hierarchy and avoided
Procedures for General Meetings of Shareholders overlaps between issued Internal Regulations.
Electronically Accompanied by Voting through the • Managed the Bank's vital and inactive archives in
KSEI Electronic General Meeting System (“eASY.KSEI”), accordance with document governance standards
and Article 11 paragraph 1 of the Bank's Articles of referring to laws and based on prevailing best
Association. The Bank has also provided an alternative practices, and routinely conducted archive
electronic power of attorney (e-Proxy) for shareholders management benchmark visits to other banks once a
to attend and vote at the Meeting through the eASY. year.
KSEI application, in fulfilment of the provisions of Article • Developed a Record Management System application
27 of OJK Regulation 15. for archive management at the Cikupa Record Center
• The Bank paid Cash Dividends for the 2024 and the management of vital archives managed by
Financial Year to Shareholders fairly and on time. All the Corporate Secretary.
Shareholders were treated equally and received Cash • Conducted socialisation and review of the issuance
Dividends within 30 days after being approved by of the latest provisions on the Implementation of
Shareholders in the General Meeting of Shareholders. Governance for Commercial Banks and ensured its
Cash Dividends were paid to all Shareholders on 9 May implementation.
2025, after being approved in the Annual GMS held on • Conducted socialisation of the External Regulation
11 April 2025. governance policy to work units within the Bank with
the aim of realising effective external regulation
governance.
436 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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CORPORATE GOVERNANCE ROADMAP
In line with the Company's values and aspirations to prioritize Humanising Financial Services, Maybank Indonesia is
committed to building and strengthening the implementation of Good Corporate Governance (GCG) as the primary
foundation for creating sustainable value for all stakeholders. This commitment is manifested through continuous
improvement of governance quality, referencing best practices and prevailing GCG standards, to ensure robust
compliance, transparency, and responsible decision-making. In support of achieving this vision, Maybank Indonesia has
established and consistently implemented the Bank's GCG Roadmap, as follows:
01 2022 02 2023 03 2024
Carrying out the Cultivating good Achieving Maybank
commitment of Sustainable governance practices as Integrated Governance
Governance Excellence/ DNA to become a good Excellence.
Good Corporate Citizen by corporate citizen with ethics
implementing sustainable and responsibility.
governance excellence.
05 2026 04 2025
Integrated Financial Holding Company to Support Achieving Integrated
Sustainable Growth Governance Excellence
to support sustainable
business growth.
In financial year 2026, the Bank’s governance roadmap • Ensuring consistency in governance
focuses on strengthening governance effectiveness implementation while respecting business-specific
across the financial conglomeration through the following characteristics.
key initiatives: • Strengthening integrated risk management,
compliance, and internal audit functions at the
1. Strengthening the role as Financial Holding Company conglomerate level.
• Enhancing the role and accountability of Maybank • Enhancing risk identification, monitoring, and
Indonesia as the Financial Holding Company in mitigation for intra-group transactions, strategic
accordance with POJK OJK Regulation No. 30 year initiatives, and merger-related risks.
2024 of Financial Conglomeration dan Holding 3. ESG and Sustainability Governance at Conglomerate
Company of Financial Conglomeration; Level
• Strengthening oversight, coordination, and • Embedding Environmental, Social, and Governance
governance direction across sister companies (ESG) principles into conglomerate governance,
within the financial conglomeration. strategy, and performance management.
2. Integrated Governance Frameworks Across Sister • Strengthening sustainable finance governance
Companies and alignment with the Maybank Group’s
• Aligning governance policies, codes of conduct, sustainability agenda.
compliance standards, and internal control 4. Digital and Data-Driven Governance Oversight
frameworks across merged and affiliated sister Leveraging integrated information systems and
companies. data analytics to support governance reporting,
compliance monitoring, and Board-level oversight
across the financial conglomeration.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 437
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06 / G O O D C O R P O R A T E G O V E R N A N C E
BANK'S GOVERNANCE STRUCTURE
General Meeting of Shareholders
Check and Balances
Shariah Supervisory
Board of Commissioners Board of Directors
Board
Supervision Lines
Audit Committee Risk Management Committee
Risk Oversight Committee Credit Policy Committee
BANKS
SUPPORTING
Nomination and Remuneration ORGANS Credit Committee
Committee
Integrated Good Corporate Information Technology
Governance Committee Steering Committee
Investigation and Integrated Risk Management
Whistleblowing Governance Committee
Committee
Information and Technology Other Supporting Committee*)
Oversight Committee
Financial Internal Audit
Corporate Corporate Legal Risk
Crime Anti Fraud Compliance Work Unit
Secretary & Litigation Management
Compliance (IAU)
*) Komite Pendukung lainnya yang dimaksud memiliki garis pelaporan dan garis koordinasi dengan Direksi serta sejumlah
Satuan Kerja yang indpenden. Deskripsi mengenai Komite pendukung lainnya sebagaimana dijelaskan lebih lanjut dibawah ini.
Komite pendukung lainnya yang dimaksud adalah Asset and Liabilities Management (ALM) dan Asset and Liabilities Management
Committee (ALCO), Komite Restrukturisasi Kredit, KomiteAudit Internal, Komite Sumber Daya Manusia, Komite Disiplin Human Capital,
Komite Pengarah Transformasi, dan Komite Pengarah Bersama.
Garis Koordinasi
Maybank Indonesia has a comprehensive and clearly Maybank Indonesia's Governance structure consists of
defined Corporate Governance structure, covering the the General Meeting of Shareholders (GMS) as the highest
positions, functions, division of duties and responsibilities, organ, the Board of Commissioners, and the Board of
work mechanisms, decision-making processes, and Directors. This structure clearly separates supervisory and
reporting systems of each of its organs. This Governance management functions, ensuring an effective balance
structure has been devised and implemented pursuant between supervisory and management functions in
to all applicable regulatory provisionss, including strategic and operational decision-making.
Financial Services Authority (OJK) regulations and good
governance practices. It is an adequate structure that The Board of Commissioners oversees the Bank's policies
lays the primary foundation for an effective, consistent, and management carried out by the Board of Directors
and sustainable implementation of Governance principles and provides advice to ensure prudent management of
to meet Stakeholder expectations. the Bank, in accordance with laws and regulations and
good governance principles.
438 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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In carrying out its duties, as mandated by the Financial As mandated by OJK Regulations, Conventional
Services Authority (OJK) Regulation on Governance for Commercial Banks with Sharia Business Units (UUS) are
Commercial Banks, the Board of Commissioners has required to have a Sharia Supervisory Board with oversight
established the following committees: duties and functions oversight of the implementation of
1. Audit Committee; UUS activities in accordance with Sharia Principles. To
2. Risk Monitoring Committee; ensure compliance with the Sharia Principles, the Bank is
3. Nomination and Remuneration Committee; required to implement Sharia Governance.
4. Integrated Governance Committee;
The implementation of Sharia Governance can be
In addition to the committees required by regulation, supported by the membership of Sharia Supervisory Board
the Board of Commissioners has also established other members in committees supporting the implementation
supporting committees: of the Board of Commissioners' duties. This is evident
5. Governance Investigation and Whistleblowing in the membership of the Maybank Indonesia Sharia
Committee; Supervisory Board on the Audit Committee and the Risk
6. Information Technology Monitoring Committee. Monitoring Committee.
The Board of Directors holds a representative and In carrying out its duties, the Board of Directors is
managerial mandate and is responsible for the day-to- supported by the Corporate Secretary function and
day management of the Bank's operations, including the independent work units and controls, namely the Internal
formulation and implementation of short-term and long- Audit Unit (SKAI), the Risk Management Directorate, the
term strategies, policies, and initiatives while upholding Compliance Unit, the Corporate Legal & Litigation Unit, and
the principle of prudence and compliance with applicable the Financial Crime Compliance (FCC) and Anti-Fraud
regulations. In carrying out these functions, as mandated Units.
by the Financial Services Authority (OJK) Regulation on
Governance for Commercial Banks, the Board of Directors The implementation of Good Corporate Governance
of Maybank Indonesia is supported by the following is strengthened through a soft structure consisting
committees: of policies, guidelines, and charters that regulate the
1. Risk Management Committee; work procedures and the division of authority and
2. Credit Policy Committee; responsibilities of the Board of Commissioners, the Board
3. Credit Committee; of Directors, and relevant committees. These documents
4. Information Technology Steering Committee; and serve as the foundation for ensuring the Bank's
5. Integrated Risk Management Committee, to ensure supervisory and management functions are carried out
that decision-making processes are carried out in consistently, transparently, and accountably.
a measured, controlled manner, and in line with the
Bank's risk profile. Furthermore, Maybank Indonesia continuously applies
the principles of checks and balances, risk management,
In addition to the committees required by regulations, and an effective internal control system, in accordance
the Bank also establishes other committees according with regulatory requirements and best practices for good
to business needs and complexity, as determined by a corporate governance. The implementation of Good
Board of Directors Decree. These include the Assets and Corporate Governance in line with standards and best
Liabilities Committee (ALCO), the Credit Restructuring practices is a key factor in supporting the achievement
Committee, the Impairment Committee, the Internal of the Bank's vision, mission, and long-term goals, while
Audit Committee, the Human Capital Committee, the creating sustainable added value for all stakeholders.
Human Capital Discipline Committee, the Information and
Technology Steering Committee, and the Transformation
Steering Committee.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
SELF-ASSESSMENT RESULTS OF GOOD CORPORATE GOVERNANCE IMPLEMENTATION IN 2025
Assessment Procedures and Criteria
The Bank conducted a self-assessment on the implementation of Good Corporate Governance within Maybank Indonesia
based on the provisions of Financial Services Authority Regulation Number 17 of 2023 and Financial Services Authority
Circular Letter No.13/SEOJK.03/2017 regarding the Implementation of Good Corporate Governance for Commercial Banks.
The Bank consistently implements the five basic principles of Good Governance, consisting of Transparency,
Accountability, Responsibility, Independence, and Fairness, to produce a Governance Rating, which is a crucial factor
in determining the Bank's Soundness Level in accordance with OJK Regulation No. 4/POJK.03/2016. To ensure the
implementation of the five basic principles of Good Governance, the Bank conducts periodic self-assessments covering
at least sixteen (16) governance implementation assessment factors, namely:
1. Implementation of the duties, responsibilities, and authority of the Board of Directors;
2. Implementation of the duties, responsibilities, and authority of the Board of Commissioners;
3. Completeness and implementation of Committee duties;
4. Handling of conflicts of interest;
5. Implementation of the Compliance function;
6. Implementation of the Internal Audit function;
7. Implementation of the External Audit function;
8. Implementation of Risk Management, including the Internal Control System;
9. Provision of remuneration;
10. Provision of funds to related parties and the provision of large amounts of funds;
11. Integrity of reporting and information technology systems;
12. The Bank's strategic plan;
13. Shareholder aspects;
14. Implementation of anti-fraud strategies, including anti-bribery;
15. Implementation of sustainable finance, including the implementation of social and environmental responsibility; and
16. Implementation of Governance in KUB
In accordance with the provisions of Financial Services Authority Circular Letter No. 14/SEOJK.03/2025 concerning the
Implementation of Governance for Commercial Banks, banks with UUSs, such as Maybank Indonesia, have another self-
assessment factor in addition to the 16 (sixteen) assessment factors for the implementation of governance as mentioned
previously, which is the implementation of the duties, responsibilities, and authorities of the Sharia Supervisory Board
(SSB).
Method and Parties Conducting Assessment
Assessment of the implementation of Governance is conducted using the self-assessment method. This assessment
involves the Board of Commissioners, Board of Directors, Independent Parties, Executive Officers and independent units
in order to produce a comprehensive and structured assessment of the effectiveness of the Governance system and
the quality of the Bank’s Governance results. This self-assessment also includes the implementation of Governance in
subsidiaries in accordance with applicable regulations.
Results of Self-Assessment
The results of the self-assessment of the Bank's GCG implementation on a consolidated basis for the 2nd Semester of
2025 are as follows;
Rating
Factors of Assessment Bank Individuals MIF WOMF Consolidation
Weight 91,88% Weight 4,44% Weight 3,68%
Governance 2 1 2 2
440 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
INFORMATION ON MAJOR AND CONTROLLING SHAREHOLDERS
Amanah Raya Trustees Citigroup Nominees
(Tempatan) Sdn Bhd Kumpulan Wang
Berhad Permodalan Nasional Other Institution and
Employees Provident Persaraan
Amanah Saham Berhad Retail Investors
Fund Board (Diperbadankan)
Bumiputera
27.86% 11.41% 6.43% 5.38% 48.92%
Malayan Banking Berhad
100% 100% 100% 100%
Maybank
Etiqa Maybank
Offshore Maybank Asset
International International
Corporate Management
Holdings Sdn. Holdings Sdn.
Service (Labuan) Group Berhad
Bhd. Bhd.
Sdn Bhd
79.87% 100% 100%
100% PT Asuransi Etiqa Maybank Asset
Vital Solution Sorak Financial Maybank IBG
Public < 5% Internasional Management
Fund Holdings Pte Ltd Holdings Limited
Indonesia Sdn. Bhd.
12.29% 8.73% 45.02% 33.96% 85% 99%
15% PT Maybank PT Maybank
Sekuritas Asset
Indonesia Management
PT Bank Maybank Indonesia Tbk
99.99% 67.49%
PT Maybank PT Wahana
Indonesia Ottomitra
Finance Multiartha Tbk
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 441
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06 / G O O D C O R P O R A T E G O V E R N A N C E
GENERAL MEETING OF SHAREHOLDERS
The General Meeting of Shareholders (GMS) is the highest The authority of GMS in Maybank Indonesia in line with
organ in the Bank that has authority not granted to Law No. 40 of 2007 on Limited Liability Companies are as
the Board of Commissioners or the Board of Directors, follows:
within the limits set forth in the Law on Limited Liability a. Decide on the deposit of shares in the form of money
Companies and/or the Bank’s Articles of Association. The and/or in other forms, for example in the form of
GMS consists of: Annual GMS (AGMS) and Extraordinary immovable objects
GMS (EGMS). b. Approve whether or not shareholders and other
creditors who have claims against the Company can
The Annual GMS must be held no later than 6 (six) months exercise their rights of collection as compensation for
after the financial year ends. While the Extraordinary the obligation to deposit the price of the shares they
GMS can be held at any time based on the need for the have taken
interests of the Company. In 2025, Maybank Indonesia c. Approve the repurchase of shares that have been
held hold an Annual General Meeting of Shareholders on 11 issued
April, 2025, which is 4 months after the end of the financial d. To approve the capital increase of the Company
year. e. Decide on the reduction of the Company’s capital
f. Deciding the use of net profit including the
LEGAL BASIS determination of the amount of allowance for reserves
The legal basis for the implementation of the Maybank g. Regulate the procedure for taking dividends that have
Indonesia GMS held in 2025 refers to the following been put into a special reserve
regulations: h. Deciding on the merger, consolidation, acquisition, or
1. Law No. 40 of 2007 concerning Limited Liability separation, the filing of a petition for the Company to
Companies. be declared bankrupt, the extension of the period of
2. OJK Regulation No. 15/POJK.04/2020 concerning incorporation, and the dissolution of the Company
the Plan and Implementation of General Meeting of i. Deciding on the division of duties and management
Shareholders of Public Companies. authority among the Board of Directors in the event
3. OJK Regulation No. 16/POJK.04/2020 concerning the that the Board of Directors consists of 2 or more
Implementation of Electronic General Meetings of members of the Board of Directors
Shareholders for Public Companies. j. Appoint members of the Board of Directors
4. Articles of Association of the Bank. k. Determine the provisions on the amount of salary
and/or other allowances of members of the Board of
RIGHTS AND AUTHORITIES OF SHAREHOLDERS Directors
IN THE GMS l. Deciding on the authority of the Board of Directors to
Shareholders have rights over their shares so that their represent the Company in the event that the Board of
rights are protected and can be exercised in accordance Directors is more than 1 person
with laws and regulations and the Bank’s Articles of m. Approve to transfer the Company’s assets, or make
Association. Shareholders have the right to attend the debt collateral for the Company’s assets, which
GMS, express their opinions and cast their votes in the constitute more than 50% of the total net assets of the
decision-making process, and obtain various information Company in one or more transactions, whether related
related to the agenda of the Meeting. In the GMS forum, to each other or not
shareholders are entitled to obtain information relating n. Approve whether or not the Board of Directors can file
to the Company from the Board of Directors and/or the a bankruptcy petition against the Company to the
Board of Commissioners, as long as it is related to the Commercial Court
agenda of the meeting and does not conflict with the o. Dismiss any member of the Board of Directors at any
interests of the Company. time by stating the reasons thereof
p. Revoke or uphold the decision of temporary dismissal
Regarding other agenda, the GMS is not entitled to make of members of the Board of Directors that has been
decisions, unless all shareholders are present, and/ determined by the Board of Commissioners
or represented, at the GMS and agree to the addition q. Appoint members of the Board of Commissioners
of meeting agenda items. The resolution on the added r. Determine the provisions regarding the amount of
agenda must be approved unanimously. honorarium and/or other allowances for members of
the Board of Commissioners
442 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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FAIR TREATMENT OF SHAREHOLDERS
Maybank Indonesia upholds the principle of equality by ensuring fair treatment for all shareholders. This commitment
is demonstrated, among others, through transparency regarding shareholders’ rights to receive a portion of the
Company’s profits, including the disclosure of the target dividend payout ratio.
Maybank Indonesia is also committed to maintaining high standards of transparency and accountability to its
shareholders. This commitment is reflected in the provision of information that is timely, adequate, clear, accurate,
comparable, and easily accessible to stakeholders in accordance with their respective rights. Shareholders can access
such information through the Bank’s website, the Indonesia Stock Exchange website, and the PT Kustodian Sentral Efek
Indonesia website.
MECHANISM FOR THE HOLDING OF ANNUAL GMS
The mechanism for holding the Company’s AGMS in 2025 was in accordance with the Bank’s Articles of Association and
OJK Regulation No.15/POJK.04/2020 regarding the Plan and Implementation of the General Meeting of Shareholders of
Public Companies, as well as OJK Regulation No.16/POJK.04/2020 regarding the Implementation of the Electronic General
Meeting of Shareholders of Public Companies.
The Company’s AGMS in 2025 was also held electronically, in accordance with the provisions in the OJK Regulation No.
16/POJK.04/2020 concerning the Implementation of Electronic General Meetings of Shareholders of Public Companies.
Stages of the Annual GMS on 11 April 2025
AGMS 11 APRIL 2025
Activities Terms
Notice of AGM to Regulators Notification Letter of AGMS Plan to the Financial Notification of the GMS plan shall be submitted to OJK
Services Authority (OJK) and the Indonesia Stock at the latest 5 (five) business days prior to the date of
Exchange (IDX) via e-Reporting on 25 February the GMS announcement to the public.
2025.
In the event that there is an amendment to the agenda
of the meeting, the Public Listed Company must submit
the amendment to OJK at the latest at the time of the
invitation to the GMS.
AGMS Publication Announced through the Indonesia Stock Exchange The announcement of the GMS is made through the
Announcement website, PT Kustodian Sentral Efek Indonesia e-RUPS provider's website, the stock exchange website
website and the Bank's website www.maybank.co.id and the Public Company's website in Indonesian and
on 5 March 2025. foreign languages, at the latest 14 (fourteen) days
before the date of the GMS Announcement.
Report to Proof of the AGMS Announcement on the Indonesia
Regulator Stock Exchange website, PT Kustodian Sentral Efek
Indonesia website and the Bank’s website has been
submitted to OJK and IDX by e-Reporting on 5
March 2025.
Invitation to Publication Announced through the Indonesia Stock Exchange The invitation to the GMS shall be made through the
the AGMS and website, PT Kustodian Sentral Efek Indonesia e-RUPS provider’s website, the stock exchange’s website
Explanation website and the Bank’s website www.maybank.co.id and the Public Company’s website in Indonesian and
of the AGMS on 20 March 2025. foreign languages, at the latest 21 (twenty-one) days
Agenda prior to the GMS.
Report to Evidence of the AGMS Invitation on the Indonesia
Regulator Stock Exchange website, PT Kustodian Sentral Efek
Indonesia website and the Bank’s website has been
submitted to OJK and IDX by e-Reporting on
20 March 2025.
THE HOLDING OF AGMS ON 11 APRIL 2025
Summary of Publication The Summary of AGMS Minutes was announced on Announcement of the Summary of Minutes of the GMS
AGMS Minutes the Indonesia Stock Exchange website, PT Kustodian is made on the e-RUPS provider’s website, the stock
(Results) Sentral Efek Indonesia website and the Bank’s exchange website and the Public Company’s website in
website www.maybank.co.id on 14 April 2025. Indonesian and foreign languages, no later than 2 (two)
working days after the GMS is held.
Report to Proof of announcement shall be submitted to Proof of announcement of the summary of the RUPS
Regulator OJK (Capital Market and Supervisor) and IDX minutes must be submitted to OJK 2 (two) working days
(e-Reporting) on 14 April 2025. after the announcement.
Minutes of the AGMS The minutes of the AGMS were submitted to OJK on The minutes of the GMS must be submitted to OJK no
7 May 2025. later than 30 (thirty) days after the GMS is held.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 443
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Process of Holding AGMS on 11 April 2025
Date and Time Friday, 11 April, 2025 at 14.11 – 15.24 WIB
Venue Function Room, Sentral Senayan III, 28th Floor, Jalan Asia Afrika No. 8 Gelora Bung Karno,
Senayan, Jakarta 10270.
The Company's Annual General Meeting of Shareholders is held physically and electronically
using the KSEI Electronic General Meeting System Application ("eASY.KSEI Application")
provided by PT Kustodian Sentral Efek Indonesia ("KSEI"), in accordance with the provisions
of the Financial Services Authority Regulation ("OJK") Number 15/POJK.04/2020 concerning
the Planning and Implementation of General Meetings of Shareholders of Public Companies,
Financial Services Authority Regulation Number 16/POJK.04/2020 concerning the
Implementation of General Meetings of Shareholders of Public Companies Electronically,
KSEI Regulation Number XI-B concerning Procedures for Implementing General Meetings
of Shareholders Electronically Accompanied by Voting through the KSEI Electronic General
Meeting System ("eASY.KSEI"), and Article 11 paragraph 1 of the Company's Articles of
Association.
In order to fulfill the provisions of Article 27 OJK Regulation 15, the Company has provided an
alternative electronic power of attorney (e-Proxy) for shareholders to attend and vote at the
Meeting through the eASY.KSEI application.
Quorum 60,226,880,733 SHARES (79.0221%) OF THE TOTAL 76,215,195,821 SHARES.
Chairman of the AGMS Dato’ Sri Khairussaleh Ramli as President Commissioner, based on the Circular Resolution of
the Board of Commissioners dated 24 February 2025.
Attendance of members of the Board of Dato’ Sri Khairussaleh Ramli as the Chairman of the AGMS along with all other members of
Commissioners including the President the Board of Commissioners were physically present at the Meeting.
Commissioner
Attendance of the Chairman of the Audit Mr. Achjar Iljas as the Chairman of the Audit Committee was physically present at the
Committee Meeting.
Attendance of the Chairman of the Nomination Mr. Hendar as the Chairman of the Nomination and Remuneration Committee was physically
and Remuneration Committee present at the Meeting.
Attendance of the Chairman of the Risk Mr. Hendar as the Chairman of the Risk Monitoring Committee was physically present at the
Monitoring Committee Meeting.
Attendance of members of the Board of Directors Mr. Steffano Ridwan as the President Director along with Mr. Irvandi Ferizal, Mr. Effendi, Mr.
including the President Director Ricky Antariksa, Mr. Bambang Andri Irawan, Mr. Shaiful Adhli Yazid, Mrs. Yessika Effendi, Mr.
Romy Hardiansyah and Mr. Bianto Surodjo as the Company's Director were physically present
at the Meeting.
Attendance of Sharia Supervisory Board Mr. M. Sa'ad Ih as the Chairman of the Sharia Supervisory Board, Mr. Sodikun and Mr. Ahmad
Satori as a Member of the Sharia Supervisory Board were physically present at the Meeting.
Attendance of Compliance Director Mrs. Yessika Effendi as the Compliance Director was physically present at the Meeting.
Independent Party to calculate the quorum and Notaris Aulia Taufani, S.H.
vote on the AGMS decision
Number of shareholders who raised questions After completing the discussion on each Meeting Agenda, the Chairman of the Meeting
and/or gave opinions provided an opportunity for shareholders/shareholder proxies to ask questions/express
opinions. There were shareholders/shareholders' proxies who raised questions in the First and
Fourth Agenda of the Meeting.
The questions raised by shareholders/shareholders’ proxies have been answered by the
Company's Board of Directors in the Meeting. Details regarding the questions and the
answers has been fully stated in the Minutes of the Meeting.
444 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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AGMS decision-making mechanism Decision-making is done by voting verbally and electronically.
All of the Agendas of the Meeting were approved by majority vote, where decision-making is
done by voting verbally.
In the First Agenda of the Meeting, there were shareholders and/or shareholder proxies
who abstained, namely 5,432,300 shares, or 0.0090% of the total valid shares present at the
Meeting and there were shareholders and/or shareholders' proxies who expressed their
disagreement, namely 818,083 shares or 0.0014% of the total valid shares present at the
Meeting.
In the Second Agenda of the Meeting, there were shareholders and/or shareholder proxies
who expressed their disagreement, namely 120,300 shares or 0.0002% of the total valid
shares present at the Meeting.
In the Third Agenda of the Meeting, there were shareholders and/or shareholder proxies who
expressed their disagreement, namely 120,000 shares or 0.0002% of the total valid shares
present at the Meeting.
In the Fourth Agenda of the Meeting, there were shareholders and/or shareholder proxies
who expressed their disagreement, namely 818,383 shares or 0.0014% of the total valid shares
present at the Meeting.
In the Fifth Agenda of the Meeting, there were shareholders and/or shareholder proxies who
expressed their disagreement, namely 120,300 shares or 0.0002% of the total valid shares
present at the Meeting.
In the Sixth Agenda of the Meeting, there were shareholders and/or shareholder proxies who
expressed their disagreement, namely 120,000 shares or 0.0002% of the total valid shares
present at the Meeting.
In the Seventh Agenda of the Meeting, there were shareholders and/or shareholder proxies
who expressed their disagreement, namely 120,000 shares or 0,0002% of the total valid shares
present at the Meeting.
In the Eighth Agenda of the Meeting, there were shareholders and/or shareholder proxies who
expressed their disagreement, namely 120,000 shares or 0.0002% of the total valid shares
present at the Meeting.
Vote counting and validation of votes at the Meeting were carried out by a Notary.
ANNUAL GMS VOTE COUNTING PROCESS
The vote count and voting procedures at the Annual GMS of Maybank Indonesia are described in the Annual GMS Rules
distributed to shareholders and read out by the Master of Ceremonies (MC) before the Annual GMS begins.
The complete disclosure of voting calculation and procedures is set out in the AGMS Rules which are announced/
uploaded in the Indonesia Stock Exchange website, PT Kustodian Sentral Efek Indonesia website and the Bank’s website
together with the Invitation to the AGMS.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 445
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06 / G O O D C O R P O R A T E G O V E R N A N C E
RESOLUTIONS AND REALISATION OF RESULTS OF THE AGMS 2025
The Bank held an AGMS on 11 April 2025 resulting in the following agenda and resolutions:
First Agenda:
Approval on the Company’s Annual Report and Ratification of the Company’s Consolidated Financial Realisation
Statements for Financial Year ended on 31 December 2024.
The Resolution was done through voting Has been realised in
- There were 2 (two) shareholders and/or their proxies who raised questions/opinions; 2025
- Shareholders and/or their proxies who declared blank vote, amounted 5,432,300 shares or 0.0090% of the total
shares who attended the Meeting;
- Shareholders and/or their proxies who declared disagree vote, amounted 818,083 shares or 0.0014% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,220,630,350 shares or 99.9896% of the total shares who attended the
Meeting.
In accordance with Article 12 paragraph (7) of the Company’s Articles of Association (”AoA”) and Article 47 of OJK
Regulation Number 15/POJK.04/2020, a blank vote is considered declared as the same vote with majority votes,
therefore the total of agree votes amounted 60,226,062,650 shares or 99.9986% of the total shares who attended the
Meeting.
Therefore Meeting with majority vote, amounted 60,226,062,650 shares (99.9986%) has approved the following
resolution:
1. Accept and approve the Annual Report of the Company for the Financial Year ended on 31 December 2024.
2. Ratify the Company’s Consolidated Financial Statements dated 31 December 2024 and for the Financial Year ended
on 31 December 2024, which has been audited by the Public Accountant Firm of “Purwantono, Sungkoro & Surja” (a
member firm of Ernst & Young Global Limited) as stipulated in its report Number 00075/2.1032/AU.1/07/0703-2/1/
II/2025 dated 20 February 2025 with audit opinion: “present fairly, in all material respects”.
3. Ratify the Supervisory Report of the Board of Commissioners and the Sharia Supervisory Board of the Company for
the Financial Year ended on 31 December 2024.
4. Provide acquit and discharge (“acquit et décharge”) to the members of the Board of Directors and the Board of
Commissioners of the Company for the management and supervision performed in the Financial Year 2024, as
long as the management and supervisory actions are reflected in the Company’s Annual Report for the year ended
on 31 December 2024, and not breach any prudent banking principles and not included in the category of criminal
offenses.
Vote Calculation
Agree Against Abstain
60,220,630,350 SHARES 818,083 shares 5,432,300 shares
(99.9896%) (0.0014%) (0.0090%)
Second Agenda:
Realisation
Determination on the Utilisation of the Company’s Net Profit for Financial Year ended on 31 December 2024.
The Resolution was done through voting Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 120,300 shares or 0.0002% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,760,433 shares or 99.9998% of the total shares who attended the
Meeting.
Therefore, Meeting with majority vote, amounted 60,226,760,433 shares (99.9998%) has approved the following
resolution:
1. Approve the use of Company’s Net Profit for Financial Year of 2024 which has been ratified in the First
Agenda of the meeting, a total amount of Rp1,115,963,322,571,- to be used as follows:
a) 40% or maximum Rp446,385,329,029,- will be distributed as Cash Dividend, or amounted Rp5,85691,- per share;
b) The remaining 60% or Rp699,577,993,542,- will be set as Company’s “Retained Profit”.
2. Approve the distribution of cash dividend for Financial Year 2024 to be performed with the following provisions:
a) Shareholders who have the rights to receive cash dividend of the Financial Year 2024 are the shareholders whose
names are registered in the Company’s Shareholders List dated 24 April 2025;
b) Cash Dividend will be paid on 9 May 2025;
c) The Board of Directors is granted with the authority to determine matters related to the implementation of cash
dividend payment, including but not limited to set the procedures of the distribution of cash dividend and publish
related disclosure according to prevailing stock exchange’s regulations.
Vote Calculation
Agree Against Abstain
60,226,760,433 shares 120,300 shares NIIL
(99.9998%) (0.0002%)
446 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Third Agenda:
Appointment of Public Accountant and Public Accountant Firm to audit the Company’s Financial Statements for Realisasi
Financial Year of 2025 and Determination on the Honorarium and other requirements related to the appointment.
The Resolution was done through voting: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 120,000 shares or 0.0002% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,760,733 shares or 99.9998% of the total shares who attended the
Meeting.
Therefore, Meeting with majority vote, amounted 60,226,760,733 shares (99.9998%) has approved the following
resolution:
1. Appoint “Yasir” and Public Accountant Firm “Purwantono, Sungkoro dan Surja (a member firm of Ernst & Young Global
Limited) as Public Accountant and Public Accountant Firm to audit the Financial Statements of the Company for the
Financial Year of 2025.
2. Approve the delegation of authority to the Board of Commissioners of the Company to determine the amount of the
honorarium in relation with the appointment of Public Accountant Firm, with conditions which is considered good.
3. Delegate the authority to the Board of Commissioners and the Board of Directors of the Company to carry out the
matters related to the appointment of Public Accountant Firm, including to appoint other Public Accountant and/
or Public Accountant Firm, in the event that Public Accountant Firm “Purwantono, Sungkoro dan Surja”, for whatever
reason, could not finish its audit on the Company’s Financial Statements for the Financial Year of 2025.
Vote Calculation
Agree Against Abstain
60,226,760,733 shares 120,000 shares Nil
(99.9998%) (0.0002%)
Fourth Agenda:
Realisation
Determination on the Honorarium and/or Other Allowances for the Board of Commissioners for Financial Year of 2025
The Resolution was done through voting Has been realised in
- There were shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 818,383 shares or 0.0014% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,062,350 shares or 99.9986% of the total shares who attended the
Meeting.
Therefore, Meeting with majority vote, amounted 60,226,062,350 shares (99.9986%) has approved the following
resolution:
• Approve the delegation of authority to the President Commissioner to determine the Honorarium and/or
Other Allowances for the members of the Board of Commissioners for the Financial Year of 2025, by taking into
consideration the suggestion and recommendation from the Company’s Nomination and Remuneration Committee.
The amount of the Honorarium and/or Other Allowances for the members of the Board of Commissioners will be
included in the Annual Report for the Financial Year of 2025.
Vote Calculation
Agree Against Abstain
60,226,062,350 shares 818,383 shares NIIL
(99.9986%) (0.0014%)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 447
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Fifth Agenda:
The Resolution was done through voting
Realisation
• The Salary and/or Other Allowances for the members of the Board of Directors for Financial Year of 2025, and
• The Honorarium and/or Other Allowances for the members of Sharia Supervisory Board for Financial Year of 2025
Pengambilan keputusan dilakukan dengan pemungutan suara secara lisan, dimana: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 120,300 shares or 0.0002% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,760,433 shares or 99.9998% of the total shares who attended the
Meeting.
Therefore, Meeting with majority vote, amounted 60.226.760.433 shares (99,9998%) has approved the following
resolution:
1. Determine the amount of the Bonus for the Board of Directors of the Company for Financial Year of 2024 amounted
Rp27,701,900,000,- where the execution on the distribution, including the determination of bonus amount of
each member of the Board of Directors as well as the determination of variable remuneration, shall be made in
accordance with the recommendation from the Nomination and Remuneration Committee of the Company with
due regard to the prevailing regulations regarding the Remuneration of the Board of Directors. The amount of the
bonus for the Board of Directors will be included in the Annual Report for the Financial Year of 2025.
2. Approve the delegation of authority to the Board of Commissioners to determine the amount of the Salary and/or
Other Allowances for the Board of Directors for Financial Year of 2025 by taking into consideration the suggestion and
recommendation from the Company’s Nomination and Remuneration Committee. The amount of the Salary and/or
Other Allowances for the Board of Directors will be included in the Annual Report for the Financial Year of 2025.
3. Approve the delegation of authority to the Board of Commissioners to determine the Honorarium and/or Other
Allowances for the members of Syariah Supervisory Board for Financial Year of 2025 by taking into consideration
the suggestion and recommendation from the Company’s Nomination and Remuneration Committee. The amount
of the Honorarium and/or Other Allowances for the members of Syariah Supervisory Board will be included in the
Annual Report for the Financial Year of 2025.
Vote Calculation
Agree Against Abstain
60,226,760,433 shares 120,300 shares NIIL
(99.9998%) (0.0002%)
Sixth Agenda:
Realisation
The Changes in the Composition of the members of the Company's management
The Resolution was done through voting: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 120,000 shares or 0.0002% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,760,733 shares or 99.9998% of the total shares who attended the
Meeting.
Therefore, Meeting with majority vote, amounted 60,226,760,733 shares (99.9998%) has approved the following
resolution:
1. Approve the termination of the term of office of Dato’ Sri Khairussaleh Ramli as the Company’s President
Commissioner, Dato’ Zulkiflee Abbas Abdul Hamid as the Company’s Commissioner and Achjar Iljas as the
Company’s Independent Commissioner, whose term of office will be expired since the closing of the Meeting. The
Company hereby expresses its highest appreciation and thanks for the thoughts, hard work and services of Dato’
Sri Khairussaleh Ramli, Dato’ Zulkiflee Abbas Abdul Hamid and Mr. Achjar Iljas for the progress of the Company, by
providing acquit et de charge for their term of office since the closing of this Meeting, will be given as long as it is
reflected in the Company's Annual Report and Financial Statements which have been ratified at the Company's
Annual General Meeting of Shareholders for the Financial Year of 2025.
2. Approve the termination of the term of office of Bambang Andri Irawan as the Company’s Director, whose term of
office will be expired since the closing of the Meeting. The Company hereby expresses its highest appreciation and
thanks for the thoughts, hard work and services of Mr. Bambang Andri Irawan for the progress of the Company,
by providing acquit et de charge for his term of office since the closing of this Meeting, will be given as long as it
is reflected in the Company's Annual Report and Financial Statements which have been ratified at the Company's
Annual General Meeting of Shareholders for the Financial Year of 2025.
3. Approve to reappoint Dato’ Sri Khairussaleh Ramli as the Company’s President Commissioner and Dato’ Zulkiflee
Abbas Abdul Hamid as the Company’s Commissioner for the term of office commencing on the closing of the
Meeting until the closing of the Company’s Annual General Meeting of Shareholders (“AGMS”) year 2028.
4. Approve to reappoint Bambang Andri Irawan as the Company’s Director for the term of office commencing on the
closing of the Meeting until the closing of the Company’s AGMS year 2028.
5. Determine that since the closing of this Meeting, the composition of the Board of Commissioners, Board of Directors
and Sharia Supervisory Board of the Company is as follows:
448 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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The Board of Commissioners:
- Dato’ Sri Khairussaleh Ramli as President Commissioner
- Edwin Gerungan as Commissioner
- Datuk Lim Hong Tat as Commissioner
- Dato’ Zulkiflee Abbas Abdul Hamid as Commissioner
- Hendar as Independent Commissioner
- Putut Eko Bayuseno as Independent Commissioner
- Marina R. Tusin as Independent Commissioner
- Daniel James Rompas as Independent Commissioner
The Board of Directors:
- Steffano Ridwan as President Director
- Irvandi Ferizal as Director
- Effendi as Director
- Widya Permana as Director
- Ricky Antariksa as Director
- Bambang Andri Irawan as Director
- Shaiful Adhli Yazid as Director
- Yessika Effendi as Compliance Director
- Romy Hardiansyah as Sharia Business Unit Director
- Bianto Surodjo as Director
Dewan Pengawas Syariah:
- M. Sa’ad Ih as Chairman
- Sodikun as Member
- Ahmad Satori as Member
6. Approve the delegation of the authority to the Board of Directors of the Company to restate and/or reaffirm in a
Notarial Deed (including to make an amendment and/or additional) in relation to the change of the members of
the Board of Commissioners, Board of Directors and Sharia Supervisory Board of the Company and delegate the
authority to the Board of Directors of the Company with the rights of substitution to the Notary to file the registration,
obtain the receipt of the notice or apply the approval from the authorized institution; In brief to perform any other
necessary actions in accordance with the provisions in the Company’s Articles of Association and prevailing laws
and regulations.
Vote Calculation
Agree Against Abstain
60,226,760,733 shares 120,000 shares NIIL
(99.9998%) (0.0002%)
Seventh Agenda:
Realisation
The Distribution of Duties and Authorities among the members of the Board of Directors.
The Resolution was done through voting: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 120,000 shares or 0.0002% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,760,733 shares or 99.9998% of the total shares who attended the
Meeting.
Therefore Meeting with majority vote, amounted 60,226,760,733 shares (99.9998%) has approved the following resolution:
· The distribution of duties and authorities among the members of the Board of Directors for the Financial Year of 2025
will be determined by the Board of Directors through the Board of Directors’ Resolution.
Vote Calculation
Agree Against Abstain
60,226,760,733 shares 120,000 shares NIIL
(99.9998%) (0.0002%)
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Eighth Agenda:
Approval on the Update of the Company’s Recovery Plan, to fulfill Article 43 of Indonesia Financial Services Authority Realisation
Regulation Number 5 Year 2024
The Resolution was done through voting Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2025
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 120,000 shares or 0.0002% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,226,760,733 shares or 99.9998% of the total shares who attended the
Meeting.
Therefore Meeting with majority vote, amounted 60,226,760,733 shares (99.9998%) has approved the following
resolution:
1. Approve the update of the Company's Recovery Plan, in line with the document regarding the update of the
Company’s Recovery Plan which has been submitted by the Board of Directors of the Company to OJK through its
letters dated 29 November 2024, along with any further adjustments needed in line with OJK’s evaluation, which
have received approval from the Company's Board of Commissioners on 18 October 2024.
2. Delegate the Authority to the Company’s Board of Commissioners and/or the Board of Directors to perform all
necessary actions in implementing the Recovery Plan in accordance with the prevailing regulations.
Vote Calculation
Agree Against Abstain
60,226,760,733 shares 120,000 shares Nil
(99.9998%) (0.0002%)
DECISIONS AND REALISATION OF THE RESULTS OF THE PREVIOUS YEAR'S AGMS AND EGMS
All decisions of the previous year's GMS, namely the AGMS on 1 April 2024 and EGMS on 27 September 2024 has been
realised on 2024.
The information regarding the decisions and realisation of the AGMS and EGMS in 2024 is described below.
Decisions and Implementation of the 2024 AGM on April 1, 2024
First Agenda:
Approval on the Company’s Annual Report and Ratification of the Company’s Consolidated Financial Realisation
Statements for Financial Year ended on 31 December 2023.
The Resolution was done through voting Has been realised in
- There were no shareholders and/or their proxies who raised questions/opinions; 2024
- Shareholders and/or their proxies who declared blank vote, amounted 5,432,300 shares or 0.009019% of the total
shares who attended the Meeting;
- There were no shareholders and/or their proxies who declared disagree vote;
The shareholders who agreed amounted to 60,228,388,126 shares or 99.990981% of the total shares who attended the
Meeting.
In accordance with Article 12 paragraph (7) of the Company’s Articles of Association (”AoA”) and Article 47 of OJK
Regulation Number 15/POJK.04/2020, a blank vote is considered declared as the same vote with majority votes,
therefore the total of agree votes amounted 60,233,820,426 shares or 100% of the total shares who attended the
Meeting.
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
1. Accept and approve the Annual Report of the Company for the Financial Year ended on 31 December 2023.
2. Ratify the Company’s Consolidated Financial Statements dated 31 December 2023 and for the Financial Year ended
on 31 December 2023, which has been audited by the Public Accountant Firm of “Purwantono, Sungkoro & Surja”
(a member firm of Ernst & Young Global Limited) as stipulated in its report Number 00073/2.1032/AU.1/07/0703-1/1/
II/2024 dated 23 February 2024 with audit opinion: “present fairly, in all material respects”.
3. Ratify the Supervisory Report of the Board of Commissioners and the Sharia Supervisory Board of the Company for
the Financial Year ended on 31 December 2023.
4. Provide acquit and discharge (“acquit et décharge”) to the members of the Board of Directors and the Board of
Commissioners of the Company for the management and supervision performed in the Financial Year 2023, as
long as the management and supervisory actions are reflected in the Company’s Annual Report for the year ended
on 31 December 2023, and not breach any prudent banking principles and not included in the category of criminal
offenses.
Vote Calculation
Agree Against Abstain
60,228,388,126 Nil 5,432,300 shares
(99.990981%) (0.009019%)
450 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
Second Agenda:
Realisation
Determination on the Utilisation of the Company’s Net Profit for Financial Year ended on 31 December 2023.
The Resolution was done through voting Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- Shareholders and/or their proxies who declared blank vote, amounted 100 shares or 0.000001% of the total shares
who attended the Meeting;
- There were no shareholders and/or their proxies who declared disagree vote;
The shareholders who agreed amounted to 60,233,820,326 shares or 99.999999% of the total shares who attended the
Meeting.
In accordance with Article 12 paragraph (7) of the Company’s Articles of Association (”AoA”) and Article 47 of OJK
Regulation Number 15/POJK.04/2020, a blank vote is considered declared as the same vote with majority votes,
therefore the total of agree votes amounted 60,233,820,426 shares or 100% of the total shares who attended the
Meeting.
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
1. Approve the use of Company’s Net Profit for Financial Year of 2023 which has been ratified in the First
Agenda of the meeting, a total amount of Rp1,743,406,226,869,- to be used as follows:
a) 45% or maximum Rp784,532,802,091,- will be distributed as Cash Dividend, or amounted Rp10.29365,- per share;
b) The remaining 55% or Rp958,873,424,778,- will be set as Company’s “Retained Profit”.
2. Approve the distribution of cash dividend for Financial Year 2023 to be performed with the following provisions:
a) Shareholders who have the rights to receive cash dividend of the Financial Year 2023 are the shareholders whose
names are registered in the Company’s Shareholders List dated 19 April 2024;
b) Cash Dividend will be paid on 30 April 2024;
c) The Board of Directors is granted with the authority to determine matters related to the implementation of cash
dividend payment, including but not limited to set the procedures of the distribution of cash dividend and publish
related disclosure according to prevailing stock exchange’s regulations.
Vote Calculation
Agree Against Abstain
60,233,820,326 saham Nil 100 shares
(99,999999%) (0,000001%)
Third Agenda:
Appointment of Public Accountant and Public Accountant Firm to audit the Company’s Financial Statements for Realisation
Financial Year of 2024 and Determination on the Honorarium and other requirements related to the appointment.
The Resolution was made based on deliberation to reach consensus Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- There were no shareholders and/or their proxies who declared blank vote;
- There were no shareholders and/or their proxies who declared disagree vote;
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
1. Appoint “Yasir” and Public Accountant Firm “Purwantono, Sungkoro dan Surja (a member firm of Ernst & Young Global
Limited) as Public Accountant and Public Accountant Firm to audit the Financial Statements of the Company for the
Financial Year of 2024.
2. Approve the delegation of authority to the Board of Commissioners of the Company to determine the amount of the
honorarium in relation with the appointment of Public Accountant Firm, with conditions which is considered good.
3. Delegate the authority to the Board of Commissioners and the Board of Directors of the Company to carry out the
matters related to the appointment of Public Accountant Firm, including to appoint other Public Accountant and/
or Public Accountant Firm, in the event that Public Accountant Firm “Purwantono, Sungkoro dan Surja”, for whatever
reason, could not finish its audit on the Company’s Financial Statements for the Financial Year of 2024.
Vote Calculation
Agree Against Abstain
60,233,820,426 shares Nil Nil
(100%)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 451
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Fourth Agenda:
Realisation
Determination on the Honorarium and/or Other Allowances for the Board of Commissioners for Financial Year of 2024
The Resolution was done through voting Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- Shareholders and/or their proxies who declared blank vote, amounted 100 shares or 0.000001% of the total shares
who attended the Meeting;
- Shareholders and/or their proxies who declared disagree vote, amounted 13,400 shares or 0.000022% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,233,806,926 shares or 99.999978% of the total shares who attended the
Meeting.
In accordance with Article 12 paragraph (7) of the Company’s Articles of Association (”AoA”) and Article 47 of
OJK Regulation Number 15/POJK.04/2020, a blank vote is considered declared as the same vote with majority
votes, therefore the total of agree votes amounted 60,233,807,026 shares or 99,999978% of the total shares who
attended the Meeting.
Therefore, Meeting with majority vote, amounted 60,233,807,026 shares (99,999978%) has approved the following
resolution:
• Approve the delegation of authority to the President Commissioner to determine the Honorarium and/or
Other Allowances for the members of the Board of Commissioners for the Financial Year of 2024, by taking into
consideration the suggestion and recommendation from the Company’s Nomination and Remuneration Committee.
The amount of the Honorarium and/or Other Allowances for the members of the Board of Commissioners will be
included in the Annual Report for the Financial Year of 2024.
Vote Calculation
Vote Calculation Against Abstain
60,233,807,026 shares 13,400 shares 100 shares
(99,999978%) (0,000022%) (0,000001%)
Fifth Agenda:
Authorisation to the Board of Commissioners to determine:
Realisation
• The Salary and/or Other Allowances for the members of the Board of Directors for Financial Year of 2024, and
• The Honorarium and/or Other Allowances for the members of Sharia Supervisory Board for Financial Year of 2024
The Resolution was done through voting Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- Shareholders and/or their proxies who declared blank vote, amounted 100 shares or 0.000001% of the total shares
who attended the Meeting;
- There were no shareholders and/or their proxies who declared disagree vote;
The shareholders who agreed amounted to 60,233,820,326 shares or 99.999999% of the total shares who attended the
Meeting.
In accordance with Article 12 paragraph (7) of the Company’s Articles of Association (”AoA”) and Article 47 of OJK
Regulation Number 15/POJK.04/2020, a blank vote is considered declared as the same vote with majority votes,
therefore the total of agree votes amounted 60,233,820,426 shares or 100% of the total shares who attended the
Meeting.
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
1. Determine the amount of the Bonus for the Board of Directors of the Company for Financial Year of 2023 amounted
Rp34,795,000,000,- where the execution on the distribution, including the determination of bonus amount of
each member of the Board of Directors as well as the determination of variable remuneration, shall be made in
accordance with the recommendation from the Nomination and Remuneration Committee of the Company with
due regard to the prevailing regulations regarding the Remuneration of the Board of Directors. The amount of the
bonus for the Board of Directors will be included in the Annual Report for the Financial Year of 2024.
2. Approve the delegation of authority to the Board of Commissioners to determine the amount of the Salary and/or
Other Allowances for the Board of Directors for Financial Year of 2024 by taking into consideration the suggestion and
recommendation from the Company’s Nomination and Remuneration Committee. The amount of the Salary and/or
Other Allowances for the Board of Directors will be included in the Annual Report for the Financial Year of 2024.
3. Approve the delegation of authority to the Board of Commissioners to determine the Honorarium and/or Other
Allowances for the members of Syariah Supervisory Board for Financial Year of 2024 by taking into consideration
the suggestion and recommendation from the Company’s Nomination and Remuneration Committee. The amount
of the Honorarium and/or Other Allowances for the members of Syariah Supervisory Board will be included in the
Annual Report for the Financial Year of 2024.
Vote Calculation
Vote Calculation Against Abstain
60,233,820,326 shares Nihil 100 shares
(99,999999%) (0,000001%)
452 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
Sixth Agenda:
The Changes in the Composition of the members of the Board of Commissioners, Board of Directors and Sharia Realisation
Supervisory Board of the Company
The Resolution was made based on deliberation to reach consensus: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- There were no shareholders and/or their proxies who declared blank vote;
- There were no shareholders and/or their proxies who declared disagree vote;
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
1. Approve the termination of the term of office of Budhi Dyah Sitawati as the Company’s Independent Commissioner,
Datuk Lim Hong Tat as the Company’s Commissioner and Putut Eko Bayuseno as the Company’s Independent
Commissioner, whose term of office will be expired since the closing of the Meeting. The Company hereby expresses
its highest appreciation and thanks for the thoughts, hard work and services of Mrs. Budhi Dyah Sitawati, Mr. Datuk
Lim Hong Tat and Mr. Putut Eko Bayuseno for the progress of the Company, by providing acquit et de charge for their
term of office since the closing of this Meeting, will be given as long as it is reflected in the Company’s Annual Report
and Financial Statements which have been ratified at the Company’s Annual General Meeting of Shareholders for
the Financial Year of 2024.
2. Approve the termination of the term of office of Taswin Zakaria as the Company’s President Director, Thilagavathy
Nadason as the Company’s Director, Muhamadian as the Company’s Director, Irvandi Ferizal as the Company’s
Director and Widya Permana as the Company’s Director, whose term of office will be expired since the closing
of the Meeting. The Company hereby expresses its highest appreciation and thanks for the thoughts, hard work
and services of Mr. Taswin Zakaria, Mrs. Thilagavathy Nadason, Mr. Muhamadian, Mr. Irvandi Ferizal and Mr. Widya
Permana for the progress of the Company, by providing acquit et de charge for their term of office since the closing
of this Meeting, will be given as long as it is reflected in the Company’s Annual Report and Financial Statements
which have been ratified at the Company’s Annual General Meeting of Shareholders for the Financial Year of 2024.
3. Approve the termination of the term of office of Abdul Jabar Majid as Member of the Company’s Sharia Supervisory
Board, whose term of office will be expired since the closing of the Meeting. The Company hereby expresses its
highest appreciation and thanks for the thoughts, hard work and services of Mr. Abdul Jabar Majid for the progress
of the Company’s Sharia Business Unit, by providing acquit et de charge for his term of office since the closing of this
Meeting, will be given as long as it is reflected in the Company’s Annual Report and Financial Statements which have
been ratified at the Company’s Annual General Meeting of Shareholders for the Financial Year of 2024.
4. Approve to reappoint Datuk Lim Hong Tat as the Company’s Commissioner and Putut Eko Bayuseno as the
Company’s Independent Commissioner for the term of office commencing on the closing of the Meeting until the
closing of the Company’s Annual General Meeting of Shareholders (“AGMS”) year 2027.
5. Approve to reappoint Irvandi Ferizal as the Company’s Director and Widya Permana as the Company’s Director for
the term of office commencing on the closing of the Meeting until the closing of the Company’s AGMS year 2027.
6. Approve that Muhammad Anwar Ibrahim can continue to carry out his position and authority as Chairman of the
Company’s Sharia Supervisory Board until his replacement is appointed and determined by the Company’s General
Meeting of Shareholders.
7. Approve that Mohammad Bagus Teguh Perwira can continue to carry out his position and authority as a Member
of the Company’s Sharia Supervisory Board, until the members of the Company’s Sharia Supervisory Board who
appointed in this General Meeting of Shareholders have effectively carried out their position and authority after
fulfilling all requirements based on applicable laws and regulations
8. Approve to appoint:
a. Marina R. Tusin as the Company’s Independent Commissioner with effective term of office since the closing of the
Meeting and after obtaining Financial Services Authority’s approval until the closing of the Company’s AGMS year
2027.
b. Steffano Ridwan, who currently serves as the Company’s Director to be appointed as the Company’s President
Director, with effective term of office since the closing of the Meeting and after obtaining Financial Services
Authority’s approval until the closing of the Company’s AGMS year 2027. As long as approval from the Financial
Services Authority has not been obtained, Steffano Ridwan will continue to serve as the Company’s Director
and will also serve as Acting President Director of the Company, and if his appointment as the Company’s
President Director is not approved by the Financial Services Authority, Steffano Ridwan will continue to serve as
the Company’s Director, with a term of office in accordance with his appointment as President Director of the
Company, namely until the closing of the Company’s AGMS year 2027.
c. Shaiful Adhli Yazid as the Company’s Director with effective term of office since the closing of the Meeting and
after obtaining Financial Services Authority’s approval until the closing of the Company’s AGMS year 2027.
d. Yessika Effendi as the Compliance Director of the Company with effective term of office the earliest on 3 June 2024
and after obtaining Financial Services Authority’s approval until the closing of the Company’s AGMS year 2027. As
long as approval from the Financial Services Authority has not been obtained, Irvandi Ferizal, who currently serves
as the Company’s Director will also serve as Acting Compliance Director of the Company, until Financial Services
Authority’s approval for the appointment of Yesika Effendi as Compliance Director of the Company is obtained.
e. Romy Hardiansyah as the Director of Sharia Business Unit of the Company, with effective term of office since
the closing of the Meeting and after obtaining Financial Services Authority’s approval until the closing of the
Company’s AGMS year 2027.
f. Dr. K.H. Sodikun, M.Si, M.E. as Member of the Company’s Sharia Supervisory Board, with effective term of office since
the closing of the Meeting and after fulfilling all requirements based on applicable laws and regulations until the
closing of the Company’s AGMS year 2027.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 453
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06 / G O O D C O R P O R A T E G O V E R N A N C E
9. Determine that since the closing of this Meeting, the composition of the Board of Commissioners, Board of Directors
and Sharia Supervisory Board of the Company is as follows:
The Board of Commissioners:
- Dato’ Sri Khairussaleh Ramli as President Commissioner
- Edwin Gerungan as Commissioner
- Datuk Lim Hong Tat as Commissioner
- Dato’ Zulkiflee Abbas Abdul Hamid as Commissioner
- Achjar Iljas as Independent Commissioner
- Hendar as Independent Commissioner
- Putut Eko Bayuseno as Independent Commissioner
- Marina R. Tusin as Independent Commissioner*)
The Board of Directors:
- Steffano Ridwan as President Director*)
- Irvandi Ferizal as Director
- Effendi as Director
- Widya Permana as Director
- Ricky Antariksa as Director
- Bambang Andri Irawan as Director
- Shaiful Adhli Yazid as Director*)
- Yessika Effendi as Compliance Director*)
- Romy Hardiansyah as Sharia Business Unit Director*)
Sharia Supervisory Board:
- Muhammad Anwar Ibrahim as Chairman**)
- Mohammad Bagus Teguh Perwira as Member***)
- Dr. K.H. Sodikun, M.Si., M.E. as Member****)
Provided that:
*) The appointment of Marina R. Tusin as Independent Commissioner of the Company, Steffano Ridwan
as President Director of the Company, Shaiful Adhli Yazid as Director of the Company, Yessika Effendi
as Compliance Director of the Company and Romy Hardiansyah as Sharia Business Unit Director of the
Company will become effective after obtaining approval from the Financial Services Authority. Therefore, the
appointment that will apply to them is in accordance with the decision of the Financial Services Authority.
**) Muhammad Anwar Ibrahim can continue to carry out his position and authority as Chairman of the
Company's Sharia Supervisory Board until his replacement is appointed and determined by the Company's
General Meeting of Shareholders.
***) Mohammad Bagus Teguh Perwira can still carry out his position and authority as Member of the Company's
Sharia Supervisory Board, until Dr. K.H. Sodikun M.Si., M.E. who appointed in this General Meeting of Shareholders
have effectively carried out their positions and authority as the Company's Sharia Supervisory Board after
fulfilling all requirements based on applicable laws and regulations.
****) Appointment of Dr. K.H. Sodikun, M.Si., M.E. as Member of the Company's Sharia Supervisory Board will become
effective after fulfilling all requirements based on applicable laws and regulations. Thus, the appointment that
will apply to him is after fulfilling all the requirements based on the applicable laws and regulations.
10. Approve the delegation of the authority to the Board of Directors of the Company to restate and/or reaffirm in a
Notarial Deed (including to make an amendment and/or additional) in relation to the change of the members of
the Board of Commissioners, Board of Directors and Sharia Supervisory Board of the Company and delegate the
authority to the Board of Directors of the Company with the rights of substitution to the Notary to file the registration,
obtain the receipt of the notice or apply the approval from the authorized institution; In brief to perform any other
necessary actions in accordance with the provisions in the Company’s Articles of Association and prevailing laws
and regulations.
Vote Calculation
Agree Against Abstain
60,233,820,426 shares Nil Nil
(100%)
Seventh Agenda:
Realisation
The Distribution of Duties and Authorities among the members of the Board of Directors.
The Resolution was made based on deliberation to reach consensus: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- There were no shareholders and/or their proxies who declared blank vote;
- There were no shareholders and/or their proxies who declared disagree vote;
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
•. The distribution of duties and authorities among the members of the Board of Directors for the Financial Year of 2024
will be determined by the Board of Directors through the Board of Directors’ Resolution.
Perhitungan Suara
Agree Vote Calculation Abstain
60,233,820,426 shares (100%) Nil Nil
454 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
Eighth Agenda:
Approval on the Update of the Company’s Recovery Plan to fulfill Article 31 of Indonesia Financial Services Authority Realisation
Regulation Number 14/POJK.03/2017.
The Resolution was made based on deliberation to reach consensus: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- There were no shareholders and/or their proxies who declared blank vote;
- There were no shareholders and/or their proxies who declared disagree vote;
Therefore, all of the shareholders who attended the Meeting or amounted 60,233,820,426 shares (100%) have approved
the following resolutions:
1. Approve the update of the Company's Recovery Plan, in line with the document regarding the update of the
Company’s Recovery Plan which has been submitted by the Board of Directors of the Company to OJK through its
letters dated 31 October 2023, along with further adjustments related to Trigger Levels which have received approval
from the Company's Board of Commissioners on 23 February 2024.
2. Delegate the Authority to the Company’s Board of Commissioners and/or the Board of Directors to perform all
necessary actions in implementing the Recovery Plan in accordance with the prevailing regulations.
Vote Calculation
Agree Against Abstain
60,233,820,426 shares Nil Nil
(100%)
Ninth Agenda:
Realisasi
Amendments on the Company’s Articles of Association (”AoA”).
The Resolution was done through voting: Telah direalisasikan
- There were no shareholders and/or their proxies who asked questions/opinions; pada tahun 2024
- There were no shareholders and/or their proxies who declared blank vote;
- Shareholders and/or their proxies who declared disagree vote, amounted 13,400 shares or 0.000022% of the total
shares who attended the Meeting;
The shareholders who agreed amounted to 60,233,807,026 shares or 99.999978% of the total shares who attended the
Meeting.
Therefore, Meeting with majority vote, amounted 60,233,807,026 shares (99,999978%) has approved the following
resolution:
1. Approve the amendments on several articles in the Company’s Articles of Association, as follows:
• Article 15 regarding the Board of Directors
• Article 16 regarding Duties, Liabilities and Authorities of the Board of Directors
• Article 18 regarding the Board of Commissioners
• Article 19 regarding Duties, Liabilities and Authorities of the Board of Commissioners
• Article 20 regarding Meeting of the Board of Commissioners
• Article 22 regarding Sharia Supervisory Board
2. Approve the delegation of the power and authority to the Board of Directors of the Company to restate and/or
reaffirm the entire Articles of Association of the Company in a Notarial Deed (including to make an amendment and/
or additional) in relation to the amendment of the Company’s Articles of Association and delegate the authority to
the Board of Directors of the Company with the rights of substitution to the Notary to file the registration, obtain the
receipt of the notice or apply for approval from the authorized institution; In brief to perform any other necessary
actions in accordance with the provisions in the Company’s Articles of Association and prevailing laws and
regulations.
Vote Calculation
Agree Against Abstain
60,233,807,026 shares 13,400 shares Nil
(99.999978%) (0.000022%)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 455
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Decisions and Implementation of the 2024 Extraordinary General Meeting of Shareholders on September 27, 2024
Sole Agenda:
Realisation
The Changes in the Composition of the Company's management
The Resolution was made based on deliberation to reach consensus: Has been realised in
- There were no shareholders and/or their proxies who asked questions/opinions; 2024
- There were no shareholders and/or their proxies who declared blank vote;
- There were no shareholders and/or their proxies who declared disagree vote;
Therefore, all of the shareholders who attended the Meeting or amounted 74,181,837,878 shares (100%) have approved
the following resolutions:
1. Approve to appoint:
a. Daniel James Rompas as the Company’s Independent Commissioner with effective term of office commencing
upon the closing of the Meeting and after obtaining Financial Services Authority’s approval until the closing of the
Company’s Annual General Meeting of Shareholders year 2027.
b. Bianto Surodjo as the Company's Director, with effective term of office commencing upon the closing of the
Meeting and after obtaining Financial Services Authority’s approval until the closing of the Company’s Annual
General Meeting of Shareholders year 2027.
c. M. Sa’ad Ih as Chairman of the Company’s Sharia Supervisory Board, with effective term of office commencing
upon the closing of the Meeting and after obtaining related Regulator’s approval until the closing of the
Company’s Annual General Meeting of Shareholders year 2027.
d. Ahmad Satori as Member of the Company’s Sharia Supervisory Board, with effective term of office commencing
upon the closing of the Meeting and after obtaining related Regulator’s approval until the closing of the
Company’s Annual General Meeting of Shareholders year 2027.
2. Determine that upon the closing of this Meeting, the composition of the Board of Commissioners, Board of Directors
and Sharia Supervisory Board of the Company is as follows:
The Board of Commissioners:
- Dato’ Sri Khairussaleh Ramli as President Commissioner
- Edwin Gerungan as Commissioner
- Datuk Lim Hong Tat as Commissioner
- Dato’ Zulkiflee Abbas Abdul Hamid as Commissioner
- Achjar Iljas as Independent Commissioner
- Hendar as Independent Commissioner
- Putut Eko Bayuseno as Independent Commissioner
- Marina R. Tusin as Independent Commissioner
- Daniel James Rompas as Independent Commissioner1)
The Board of Directors:
- Steffano Ridwan as President Director
- Irvandi Ferizal as Director
- Effendi as Director
- Widya Permana as Director
- Ricky Antariksa as Director
- Bambang Andri Irawan as Director
- Shaiful Adhli Yazid as Director
- Yessika Effendi as Compliance Director
- Romy Hardiansyah as Sharia Business Unit Director
- Bianto Surodjo as Director1)
Sharia Supervisory Board:
- Muhammad Anwar Ibrahim as Chairman2)
- M. Sa’ad Ih as Chairman4)
- Mohammad Bagus Teguh Perwira as Member3)
- Sodikun as Member4)
- Ahmad Satori as Member4)
456 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
Provided that:
1) The appointment of Daniel James Rompas as Independent Commissioner of the Company and Bianto Surodjo
as Director of the Company will become effective after obtaining approval from related Regulators. Therefore, the
appointment that will apply to them is in accordance with the decision of related Regulators.
2) Muhammad Anwar Ibrahim can continue to carry out his position and authority as Chairman of the Company's
Sharia Supervisory Board until M. Sa’ad Ih who appointed in this Meeting has effectively carried out his position
and authority as Chairman of the Company's Sharia Supervisory Board after fulfilling all requirements based on
applicable laws and regulations.
3) Mohammad Bagus Teguh Perwira can continue to carry out his position and authority as Member of the
Company's Sharia Supervisory Board until Sodikun has effectively carried out his position and authority as
Member of the Company's Sharia Supervisory Board after fulfilling all requirements based on applicable laws and
regulations.
4) The appointment of M. Sa’ad Ih as Chairman of the Company’s Sharia Supervisory Board, Sodikun and Ahmad
Satori as Member of the Company’s Sharia Supervisory Board will be effective after fulfilling all requirements
based on applicable laws and regulations. Therefore, the appointment that will apply to them is after fulfilling all
requirements based on applicable laws and regulations.
3. Approve the delegation of the authority to the Board of Directors of the Company to restate and/or reaffirm in a
Notarial Deed (including to make an amendment and/or additional) in relation to the change of the members of
the Board of Commissioners, Board of Directors and Sharia Supervisory Board of the Company and delegate the
authority to the Board of Directors of the Company with the rights of substitution to the Notary to file the registration,
obtain the receipt of the notice or apply the approval from the authorized institution; In brief to perform any other
necessary actions in accordance with the provisions in the Company’s Articles of Association and prevailing laws
and regulations.
Vote Counting
Agree Disagree Abstain
74,181,837,878 shares Nil Nil
(100%)
STATEMENT ABOUT UNREALISED GMS RESOLUTIONS
Maybank Indonesia has implemented all Resolutions of the 2025 Annual GMS as well as the 2024 Annual and
Extraordinary GMS Resolutions, meaning that there is no information about reasons for unrealised decisions.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 457
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06 / G O O D C O R P O R A T E G O V E R N A N C E
BOARD OF COMMISSIONERS
The Board of Commissioners is the Bank’s Governance LEGAL BASIS
organ responsible for conducting general and/or The Board of Commissioners is established based on
specific supervision in accordance with the provisions several provisions including:
of the Articles of Association and applicable laws and 1. Law No. 40 of 2007 concerning Limited Liability
regulations, as well as providing advice to the Board of Companies.
Directors regarding the implementation of their duties 2. Law No. 7 of 1992 on Banking as amended by Law No. 10
and responsibilities. The Board of Commissioners actively of 1998;
ensures the effectiveness of the implementation of Good 3. OJK Regulation No. 33/POJK.04/2014 concerning the
Corporate Governance principles in all of the Bank’s Board of Directors and Board of Commissioners of
business activities at every level of the organization. Issuers or Public Companies.
4. OJK Regulation No. 55/POJK.04/2015 regarding the
In accordance with the provisions of the OJK Regulation Establishment and Implementation Guidelines for the
on Governance for Commercial Banks, in order to Audit Committee;
carry out its duties and responsibilities, the Board of 5. OJK Regulation No. 45/POJK.03/2015 concerning
Commissioners is required to form committees that the Implementation of Governance in Providing
support their supervisory function. These committees Remuneration for Commercial Banks;
include the Audit Committee, Risk Oversight Committee, 6. OJK Regulation No. 27/POJK.03/2016 concerning Fit
Nomination and Remuneration Committee, and and Proper Test for Main Parties of Financial Services
Integrated Good Corporate Governance. Institutions;
As part of strengthening the implementation of Good 7. OJK Circular Resolution No. 39/SEOJK.03/2016
Corporate Governance and as the Company's strategic concerning Fit and Proper Test for Candidate of
initiatives, Maybank Indonesia has also established Controlling Shareholders, Candidate Members of the
additional committees, including the Whistleblowing Board of Directors, and Candidate Members of the
Governance Committee and the Information Technology Board of Commissioners of Banks;
Monitoring Committee, to ensure the effectiveness of 8. OJK Regulation No. 18/POJK.03/2016 concerning the
oversight in the areas of ethics, compliance, and the Implementation of Risk Management for Commercial
utilization of information technology. Banks;
9. OJK Circular Resolution No.13/SEOJK.03/2017
Members of the Board of Commissioners are concerning the Implementation of Governance for
appointed through the GMS by taking into account the Commercial Banks;
recommendations of the Nomination and Remuneration 10. OJK Regulation No. 46/POJK.03/2017 concerning
Committee. All members of the Maybank Indonesia Board Implementation of Compliance Function of
of Commissioners have passed the Fit and Proper Test Commercial Banks;
by the Financial Services Authority (OJK), thus meeting 11. OJK Regulation No. 12 /POJK.03/2021 concerning
the required criteria of having adequate integrity, Commercial Banks;
competence, and financial reputation. 12. OJK Regulation No. 17 Year 2023 concerning the
Implementation of Governance for Commercial Banks;
The Board of Commissioners of Maybank Indonesia 13. OJK Circular Resolution No. 14/SEOJK.03/2025
is committed to consistently and transparently concerning the Implementation of Governance for
implementing Good Corporate Governance practices and Commercial Banks;
upholding ethical and moral principles in carrying out its 14. Articles of Association of Maybank Indonesia; and
duties and responsibilities. 15. Other relevant provisions.
GUIDELINES AND WORK RULES OF THE BOARD
OF COMMISSIONERS
In carrying out its duties and responsibilities, the Board
of Commissioners has the Board of Commissioners
Guidelines and Work Rules as a reference in performing
its supervisory function. These guidelines are periodically
evaluated and updated with reference to the applicable
laws and regulations in the Republic of Indonesia as well
as Good Corporate Governance practices.
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These guidelines are binding on every member of the THE COMPOSITION AND MEMBERS OF THE
Board of Commissioners to ensure that the supervisory BOARD OF COMMISSIONERS
functions are carried out efficiently, effectively, Based on OJK Regulation No. 17 of 2023 concerning the
transparently, independently, and accountably. Implementation of Good Corporate Governance for
The Board of Commissioners Guidelines and Work Rules Commercial Banks, banks are required to have a Board
were last updated on 28 February 2024. of Commissioners with a minimum of 3 (three) members
and a maximum of 50% of the Board of Commissioners
The basis for compiling the Board of Commissioners members being Independent Commissioners, and at
Guidelines is as follows: least 1 (one) member must be domiciled in Indonesia.
1. Law No. 40 of 2007 concerning Limited Liability The replacement and/or appointment of members of
Companies. the Board of Commissioners must take into account the
2. Financial Services Authority Regulation No. 33/ recommendations of the Nomination and Remuneration
POJK.04/2014 concerning the Board of Directors Committee.
and Board of Commissioners of Issuers or Public
Companies In 2025, the number and composition of Maybank
3. Financial Services Authority Regulation No. 17 of 2023 Indonesia's Board of Commissioners complied with all
concerning the Implementation of Governance for applicable provisions as follows:
Commercial Banks 1. Consisting of more than 3 (three) members, namely
4. OJK Circular Resolution No. 14/SEOJK.03/2025 8 (eight), and not exceeding the number of Directors,
concerning the Implementation of Governance for which currently comprises 10 (ten);
Commercial Banks; 2. Chaired by a President Commissioner;
5. The Company's Articles of Association and its 3. 5 (five) members of the Bank's Board of
amendments. Commissioners are domiciled in Indonesia;
4. 50% of the Bank's Board of Commissioners are
The framework of the Board of Commissioners Guidelines Independent Commissioners;
regulates various matters, including: 5. More than 50% of the members of the Board of
1. Governance Structure Commissioners are Indonesian citizens.
2. Membership Requirements
3. Cooling Off Period In accordance with ASEAN Corporate Governance (CG)
4. Limitation of Concurrent Positions of Members of the principles, the composition of the Maybank Indonesia
Board of Commissioners Board of Commissioners is as follows:
5. Appointment of Members of the Board of 1. 1 (one) female member of the Board of Commissioners
Commissioners who is an Independent Commissioner (minimum 1
6. Term of Office of Members of the Board of (one) female Independent Commissioner).
Commissioners 2. The Board of Commissioners consists of 8 (eight)
7. Resignation of Members of the Board of members (in accordance with ASEAN CG principles, a
Commissioners minimum of 5 (five) and a maximum of 12 (twelve).
8. End of Term of Office of Members of the Board of 3. In terms of expertise, the majority of members of the
Commissioners Board of Commissioners have work experience in the
9. Independence and Conflict of Interest banking sector.
10. Duties, Responsibilities and Authorities of the Board of
Commissioners The composition of member of the Bank's the Board of
11. Establishment of Committess Commissioners in 2025 are as follow:
12. President Commissioner
13. Ethical Values of Members of the Board of Name of The Board of Position
Commissioners Commissioner
14. Decision-Making Process of the Board of Dato’ Sri Khairussaleh Ramli President Commissioner
Commissioners
Hendar Independent Commissioner
15. Working relationship pattern of the board of
commissioners and directors Putut Eko Bayuseno Independent Commissioner
16. Accountability of the board of commissioners Marina R. Tusin Independent Commissioner
17. Training programs
Daniel James Rompas Independent Commissioner
18. Evaluation of the Effectiveness of the Board
of Commissioners' Performance (Board of Edwin Gerungan Commissioner
Commissioners Effectiveness Evaluation) Datuk Lim Hong Tat Commissioner
19. Remuneration
Dato’ Zulkiflee Abbas Abdul Commissioner
20. Reporting and Accountability Hamid
21. Corporate Secretary
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DUTIES AND RESPONSIBILITIES OF THE BOARD 6. Through the existence of committees, the Board of
OF COMMISSIONERS Commissioners assesses internal and external audit
The duties and responsibilities of the Board of reports, provides direction, and ensures that the
Commissioners are regulated in Article 19 of the Articles Board of Directors has followed up on audit findings
of Association of Maybank Indonesia. In carrying out its and recommendations from SKAI, external auditors,
supervisory function, the duties and responsibilities of the supervisory results of Bank Indonesia and/or the
Board of Commissioners are as follows: Financial Services Authority and other authorities.
1. The Board of Commissioners supervises the The Board of Commissioners also provides opinions
management policy, the course of management and direction on the human resource management
in general, both regarding the Company and the system and the implementation of risk control systems
Company’s business, and provides advice to the in the Bank.
Board of Directors for the benefit of the Company in 7. Each member of the Board of Commissioners is jointly
accordance with the purposes and objectives of the and severally liable for the Bank’s losses caused by
Company. the fault or negligence of the member of the Board of
2. Each member of the Board of Commissioners shall Commissioners in carrying out his/her duties, unless it
carry out his/her duties and responsibilities in good can be proven that:
faith, with full responsibility and prudence. - Has conducted supervision in good faith and
3. Supervision by the Board of Commissioners is carried prudence for the benefit of the Company and in
out, among others, through periodic meetings accordance with the purposes and objectives of
of the Board of Commissioners with the Board of the Company.
Directors, or through reports submitted by SKAI, Audit - Has no direct or indirect personal interest in the
Committee, Risk Oversight Committee, Nomination management actions of the Board of Directors that
and Remuneration Committee, Compliance Director, result in losses.
or through other written means of communication. - Has provided advice to the Board of Directors to
4. In certain conditions, the Board of Commissioners prevent the loss from arising or continuing.
shall organize the Annual GMS and/or Other GMS 8. Actively ensures the implementation of Good
in accordance with its authority as stipulated in Corporate Governance principles in every business
the Articles of Association and applicable laws and activity of the Bank at all levels of the organization.
regulations. 9. Directs, monitors, and evaluates the implementation
5. In order to support the effectiveness of the of the Bank’s overall business strategic policy in order
implementation of its duties and responsibilities, to comply with the laws and regulations, Articles of
the Board of Commissioners establishes Board of Association, and the results of the GMS decisions and
Commissioners level committees and ensures that avoid any form of conflict of interest.
these committees have carried out their duties 10. The Board of Commissioners provides opinions and
effectively. The Board of Commissioners also evaluates direction to the Board of Directors regarding the
the performance of these committees at the end of determination of the Bank’s vision, mission, work
each fiscal year through the Board of Commissioners culture, and values.
(BOC) and BOC Committees Effectiveness Evaluation 11. The Board of Commissioners shall not be involved in
(BEE) framework. decision-making related to the Bank’s operational
The Board of Commissioners level committees are as activities, except in the case of the provision of funds
follows: to related parties, or other matters stipulated in the
- Audit Committee Articles of Association and/or applicable laws and
- Risk Oversight Committee regulations in order to carry out the supervisory
- Nomination and Remuneration Committee function.
- Integrated Good Corporate Governance 12. The Board of Commissioners is responsible for
- Whistleblowing Governance Committee ensuring that senior management maintains
- Information and Technology Monitoring Committee and updates its internal control system to ensure
Detailed information on these committees is provided effectiveness and efficiency in terms of operational
in the Board of Commissioners Committees section. control, internal finance, and compliance with laws
and regulations.
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13. The Board of Commissioners shall notify the Regulator 8. The President Commissioner chairs the Company’s
no later than 5 (five) working days from the discovery General Meeting of Shareholders;
of violations of laws and regulations in the financial 9. The President Commissioner may summon/convene
and banking sectors and if there are circumstances or the Board of Commissioners Meeting or the Board of
predictions of circumstances that may jeopardize the Commissioners Meeting with the Board of Directors at
Bank’s business continuity. any time when deemed necessary by the President
14. The Board of Commissioners provides sufficient time Commissioner and has the right to determine other
to carry out its duties and responsibilities optimally timeframes related to the method of summoning the
and participate in competency and expertise Board of Commissioners Meeting and the Board of
improvement programs. Commissioners Meeting with the Board of Directors;
15. The Board of Commissioners submits a report on the 10. The President Commissioner leads the Board
supervisory duties performed during the previous of Commissioners Meeting or joint Board of
fiscal year in the Annual Report submitted by the Commissioners Meeting with the Board of Directors.
Board of Directors to the GMS.
16. The Board of Commissioners approves the AML and INDEPENDENCE OF THE BOARD OF
CFT Program policy. COMMISSIONERS
17. Oversees the implementation of the Board of Directors’ The Board of Commissioners consistently upholds the
responsibility for the implementation of the AML and principle of independence in carrying out all its duties and
CFT Program, including commitments made by the responsibilities, and places the interests of the Bank above
Bank to the Regulator. personal interests. In carrying out its supervisory function,
the Board of Commissioners ensures that its decisions
DUTIES AND RESPONSIBILITIES OF THE and assessments are free from influence or pressure from
PRESIDENT COMMISSIONER any party.
The President Commissioner has duties and
responsibilities including: The principle of independence of the Board of
1. The President Commissioner carries out the Commissioners, as stipulated in the Board of
supervisory function as carried out by other members Commissioners Charter, includes:
of the Board of Commissioners; 1. In carrying out its duties, responsibilities, and
2. The President Commissioner together with all authorities, the Board of Commissioners is required
members of the Board of Commissioners is to implement Good Corporate Governance, including
responsible for setting the policy framework and the principle of independence. Independence
ensuring that the Board of Commissioners supports encompasses a situation where the Board of
the strategy formulated by the Company and Commissioners acts independently, professionally,
monitors its implementation; free from conflicts of interest, and is not influenced by
3. The President Commissioner ensures the rules and pressure from any party.
regulations and encourages healthy debate on issues 2. Prospective members of the Board of Commissioners
under discussion so as to reflect the level of skepticism of Commercial Banks are required to comply with
and independence of the Board of Commissioners; regulations regarding the prohibition on holding
4. The President Commissioner also ensures that where concurrent positions as stipulated in the OJK
necessary resolutions of the BOC are decided by vote Regulation on Corporate Governance.
to ensure that decisions are made collectively and 3. If a prospective member still holds concurrent
reflect the will of the majority; positions, the following must be considered:
5. The President Commissioner leads the evaluation of a) Compliance with the criteria for concurrent
the suitability and effectiveness of the succession positions permitted under the OJK Regulation on
planning program for the Board of Commissioners and Corporate Governance;
Board of Directors; b) Potential conflicts of interest that could affect the
6. The President Commissioner also encourages a implementation of the Bank's management and
healthy working relationship with the President Director supervision duties; concurrent positions that give
and provides necessary support and advice as rise to conflicts of interest are prohibited; and
appropriate; c) Availability of time to avoid interfering with the
7. The President Commissioner demonstrates the performance of duties and responsibilities as a
highest standards of corporate governance practices member of the Board of Commissioners.
and ensures that these practices are regularly
communicated to stakeholders;
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4. Prospective members of the Board of Commissioners In the event that the member of the Board of
who will occupy positions or areas of work that require Commissioners appointed to chair the GMS has a conflict
independence are required to maintain the principle of interest over the agenda to be decided, the meeting
of independence in accordance with the provisions shall be chaired by another member of the Board of
of the Financial Services Authority Regulation on Commissioners who does not have a conflict of interest
Corporate Governance. and is appointed by the Board of Commissioners. If all
5. Prospective members of the Board of Commissioners members of the Board of Commissioners have a conflict
who hold other positions (not included in the of interest, the meeting shall be chaired by one of the
prohibited dual-position category) are required to members of the Board of Directors appointed by the
make a written statement to: Board of Directors.
a. maintain integrity;
b. avoid any forms of conflict of interest; and To prevent and manage conflicts of interest, the Bank
c. avoid actions that may harm the Bank and/ ensures that any transactions with parties having a
or cause a violation of the Bank’s prudential special relationship with the Bank are not conducted
principles, while serving as a member of the Board on terms that are more favorable than those applied to
of Commissioners. other parties under similar circumstances, and that such
6. Potential conflicts of interest related to their candidacy transactions are carried out on a fair and reasonable
must be disclosed transparently during the Fit and basis. For this purpose, the Bank has established policies
Proper Test process. and procedures governing transactions with related
parties and ensures their effective implementation to
ensure that such transactions are conducted without any
CONFLICT OF INTEREST POLICY FOR THE BOARD conflicts of interest.
OF COMMISSIONERS
Throughout 2025, Maybank Indonesia ensured that all Monitoring of risks arising from the Bank’s transactions
members of the Board of Commissioners were free and exposures to related parties, as well as the reporting
from any conflict of interest or potential conflict of process for such transactions and exposures, is carried
interest with the Company. All members of the Board of out through independent review or audit processes.
Commissioners must avoid situations that may give rise The Bank also performs identification and prevention or
to a conflict of interest, or position themselves to not be mitigation of potential and actual conflicts of interest.
in a potential conflict of interest, in accordance with the Members of the Board of Commissioners who have an
provisions stated in the Company’s Articles of Association. interest in a particular transaction must be excluded from
the approval and or management process of transactions
In the event of a conflict of interest, members of the Board with related parties. In addition, transactions with
of Commissioners shall refrain from making decisions that related parties and the write off of exposures to related
may harm or reduce the Bank’s profits, and must disclose parties must obtain approval from the Bank’s Board of
the potential conflict of interest in every decision taken. Commissioners.
Any decision regarding a transaction that involves a LENDING POLICY FOR THE BOARD OF
conflict of interest of the Board of Commissioners must COMMISSIONERS
be approved at an Extraordinary General Meeting of Pursuant to the prevailing policies, rules, and regulations,
Shareholders (EGMS) specifically convened for that members of the Board of Commissioners, their families,
purpose, and attended by independent shareholders and other parties affiliated with them are prohibited from
or shareholders who do not have a conflict of interest in borrowing funds from the Bank. Any provision of loans, if,
the transaction, in accordance with the prevailing laws any, shall be carried out with fairness and conducted at
and regulations in the field of capital markets and the market prices.
regulations of the Stock Exchange where the Company’s
shares are listed. Any loans provided to members of the Board of
Commissioners shall be calculated as part of Maybank
Indonesia’s Legal Lending Limit (BMPK) in accordance with
the applicable provisions.
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AUTHORITIES OF THE BOARD OF 11. The Board of Commissioners receives and exercises
COMMISSIONERS other authorities assigned or granted to them
1. Each member of the Board of Commissioners, either in accordance with the provisions of laws and
collectively or individually, has the right to enter the regulations, the Articles of Association, and/or GMS
buildings, offices, and areas of the Corporate and resolutions.
examine the Corporate’s records, documents, and 12. And other authorities as regulated in the Corporate's
assets during working hours, to exercise their oversight Articles of Association.
obligations.
2. The Board of Commissioners is authorized to request INDEPENDENT COMMISSIONERS
explanations from the Board of Directors regarding Independent Commissioners are members of the Board
any matters pertaining to the Bank's activities and of Commissioners who have no financial, managerial,
operations as deemed necessary. shareholding, and/or familial relationships with members
3. The Board of Commissioners has the right to access of the Board of Directors, other members of the Board
and obtain Bank documents, data, and information of Commissioners, and/or controlling shareholders,
required for the implementation of the oversight including the ultimate controlling shareholder, and
function. have no relationships with the Bank that could affect
4. The Board of Commissioners is authorized to give their independence in carrying out their duties and
approval to the Board of Directors to make certain responsibilities in accordance with the principles of Good
legal actions as regulated in the Articles of Association Corporate Governance.
and applicable laws and regulations.
5. In the event that an independent review of a Independent Commissioners play a role in overseeing the
significant issue within the Bank is necessary, the Bank's policies and management and act to protect and
Board of Commissioners has the right to request the represent the interests of minority shareholders.
Board of Directors to appoint an independent party
under terms and conditions determined by the Board All Independent Commissioners of the Bank have met
of Commissioners. the provisions and requirements stipulated in applicable
6. Based on a decision made in a Board of laws and regulations concerning the implementation
Commissioners Meeting, the Board of Commissioners of Good Corporate Governance for Commercial Banks,
has the authority to temporarily dismiss one or more including requirements for independence, integrity, and
members of the Board of Directors if such members competence. Compliance with these provisions supports
act in violation of the Articles of Association, applicable the implementation of an effective, objective, professional,
regulations, harm the Bank’s objectives and interests, and conflict-free supervisory function.
or neglect their duties. The Board of Commissioners
may request advice or input from the Audit Committee Criteria and Number of Independent Commissioners
or other independent parties in making this decision. The criteria and number of Independent Commissioners
7. Any temporary dismissal must be accompanied at Maybank Indonesia comply with the following
by a written explanation and communicated to the provisions:
respective member of the Board of Directors. 1) OJK Regulation No. 33/POJK.04/2014 concerning the
8. Within 90 (ninety) calendar days following the Board of Directors and Board of Commissioners of
temporary dismissal, the Board of Commissioners Issuers or Public Companies;
is required to convene an Extraordinary General 2) OJK Regulation No. 12/POJK.03/2021 concerning
Meeting of Shareholders (EGMS) to decide whether the Commercial Banks;
respective member of the Board of Directors will be 3) OJK Regulation No. 17 of 2023 concerning the
permanently removed or reinstated. In the EGMS, the Implementation of Governance for Commercial Banks;
respective member of the Board of Directors has the and
right to be present and defend themselves. 4) OJK Circular Letter No. 14/SEOJK.03/2025 concerning
9. The Board of Commissioners has the right to seek the Implementation of Governance for Commercial
assistance from experts or independent consultants Banks.
for a limited period at the Bank’s expense, if deemed
necessary in performing oversight duties.
10. The Board of Commissioners is authorized to approve
the Bank Business Plan submitted by the Board of
Directors, and is responsible for conducting oversight
and evaluation on the implementation of such
Business Plan.
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Maybank Indonesia's Independent Commissioners have met the requirements stipulated in POJK No. 33/POJK.04/2014,
Article 21, paragraph 2, as follows:
Putut Eko Daniel James
Independent Commissioner Requirements Marina R. Tusin Hendar
Bayuseno Rompas
a. Not a person who works or has the authority and
responsibility to plan, lead, control, or supervise the activities
of the Issuer or Public Company in the last 6 (six) months, √ √ √ √
except for reappointment as an Independent Commissioner
of the Issuer or Public Company in the following period;
b. Does not have an affiliated relationship with the Issuer or
Public Company, members of the Board of Commissioners,
√ √ √ √
members of the Board of Directors, or major shareholders of
the Issuer or Public Company; and
c. Does not have any direct or indirect business relationship
related to the business activities of the Issuer or Public √ √ √ √
Company.
Independent Commissioner Criteria h. In the event that an Independent Commissioner
The criteria for Maybank Indonesia's Independent concurrently serves as a member of the Audit
Commissioners are regulated in the Board of Committee, the person concerned may only be
Commissioners Charter and Corporate Governance reappointed for 1 (one) subsequent term of office on
Guidelines. These criteria are formulated with reference to the Audit Committee;
applicable regulations and Good Corporate Governance i. An Independent Commissioner who serves as
practices to ensure the effective, objective, and Chairman of a Committee may only concurrently
independent implementation of the supervisory function. serve as Chairman of a maximum of 1 (one) other
Committee; and
The criteria for Independent Commissioners include, j. Meets other requirements stipulated for Independent
among other things: Commissioners in accordance with applicable
a. Have adequate knowledge in banking relevant to regulations.
the implementation of duties as an Independent
Commissioner; Number of Independent Commissioners
b. Have experience in banking and/or finance that As of December 31, 2025, the Maybank Indonesia Board
supports the effectiveness of the supervisory function; of Commissioners consisted of 8 (eight) members, with
c. Have knowledge and/or expertise appropriate to the 50% (fifty percent) being Independent Commissioners.
needs of the Issuer or Public Company; With this composition, the Board of Commissioners
d. Not a party working for or having the authority and structure complies with applicable regulations regarding
responsibility to plan, lead, control, or supervise the implementation of Good Corporate Governance for
the Bank's activities within the last one year, except Commercial Banks, which require that at least 50% (fifty
in the case of reappointment as an Independent percent) of the Board of Commissioners be Independent
Commissioner for a subsequent term; Commissioners.
e. Does not own shares, either directly or indirectly, in the
Bank; Independent Commissioner Independence Statement
f. Does not have any affiliated relationship with the Bank, All Maybank Indonesia Independent Commissioners have
members of the Board of Commissioners, members of signed an Independence Statement Letter, which states
the Board of Directors, or controlling shareholders of that the person in question:
the Bank; 1. Does not have any financial, management, share
g. Does not have any direct or indirect relationship ownership, and/or familial relationships with other
related to the Bank's business activities that could members of the Board of Commissioners, members
affect independence; of the Board of Directors, Controlling Shareholders, or
other relationships with the Company that could affect
their ability to act independently;
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2. Does not own shares, either directly or indirectly, in the BOARD OF COMMISSIONERS APPOINTMENT
Company; CRITERIA
3. Does not have any affiliated relationship with the The appointment of Maybank Indonesia Board of
Company, members of the Board of Commissioners, Commissioners members is based on the relevant
members of the Board of Directors, or the Company's provisions, among others:
major shareholders; and 1. OJK Regulation No. 33/POJK.04/2014 concerning Board
4. Does not have any business, either directly or of Directors and Board of Commissioners of Issuers
indirectly, related to the Company's business activities. and Public Companies;
2. OJK Regulation No. 17 Year 2023 on the Implementation
Term of Office and Reappointment of Independent of Corporate Governance for Commercial Banks;
Commissioners 3. OJK Circular Letter No. 13/SEOJK.03/2017 on the
Independent Commissioners who have served for 2 (two) Implementation of Governance for Commercial Banks
terms may be reappointed for the following term as 4. OJK Regulation No. 27/POJK.03/2016 concerning
long as they declare their independence at the General Capability and Appropriateness Assessment for Main
Meeting of Shareholders (GMS). Parties of Financial Services Institutions;
5. OJK Circular Letter No. 39/SEOJK.03/2016 concerning
Considerations for Reappointment of Independent Capability and Appropriateness Assessment for
Commissioners candidates for Controlling Shareholders, Candidates
In accordance with OJK Regulation No. 17 of 2023, in the for members of the Board of Directors, and Candidates
event that an Independent Commissioner who has served for Members of the Board of Commissioners of Banks.
for two consecutive terms is to be reappointed for the 6. OJK Regulation No. 34/POJK.03/2018 concerning
following term, the Bank will consider, among other things: Reassessment for the Main Party of Financial Services
1. Results of the Independent Commissioner's Institutions;
performance assessment; 7. OJK Regulation No. 14/POJK.03/2021 concerning
2. Results of the Board of Commissioners' Meeting amendments to OJK Regulation No. 34/POJK.03/2018
assessment, stating that the Independent on Reassessment for the Main Party of Financial
Commissioner remains capable of acting Services Institutions.
independently;
3. Results of the assessment by the Head of the Internal The criteria that must be met by prospective members
Audit Unit, who oversees the Human Resources of the Board of Commissioners of Maybank Indonesia,
function, stating that the Independent Commissioner among others, are as follows:
remains capable of acting independently; 1. Fulfil the relevant skills and core competency
4. Results of the assessment by the Executive Officer, who requirements and deemed capable and appropriate
oversees the Human Resources function, stating that to be appointed as a member of the Board of
the Independent Commissioner remains capable of Commissioners in accordance with the Financial
acting independently; and Services Authority Regulation regarding Fit and Proper
5. A statement of independence from the Independent Test;
Commissioner submitted at the GMS. 2. Meet the integrity requirements in accordance with the
applicable requirements, among others:
For reappointed Independent Commissioners, the a. Have a good character and morals.
statement of independence of the Independent b. Have a strong commitment to comply with
Commissioner concerned shall be transparently disclosed applicable laws and regulations including the
in the Company's Annual Report. Bank’s rules and regulations and support the
policies of the Financial Services Authority.
c. Have a commitment to the development of healthy
Bank operations.
d. Not included in the Failure List of Fit and Proper
Assessment.
e. Capable of performing legal acts.
3. Fulfil the relevant skills and core competency
requirements and deemed capable and appropriate
to be appointed as a member of the Board of
Commissioners in accordance with the Financial
Services Authority Regulation regarding Fit and Proper
Test.
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4. Fulfil competency Requirements in accordance with the requirements stipulated in the applicable regulations,
including:
a. adequate Banking knowledge and relevant knowledge to his/her position
b. Experience and expertise in banking and/or finance.
c. Knowledge of the duties and responsibilities of the Main Entity and have the understanding of the main business
activities and main risks of the FSIs within the Bank Financial Conglomeration.
d. Knowledge of the Indonesian economy, culture and language, for Commissioner candidates who are foreigners.
5. Having a good financial reputation, namely at least in the 5 (five) years prior to appointment and during office:
a. Does not have bad credit and/or is not a Controlling Shareholder, member of the Board of Directors or member of
the Board of Commissioners of a legal entity that has bad credit;
b. Has never been declared bankrupt or become a member of the Board of Directors or a Company that was found
guilty of causing a company to be declared bankrupt;
c. Never been convicted of a criminal offense that is detrimental to state finances and/or related to the financial
sector.
d. Never been a member of the Board of Directors and/or a member of the Board of Commissioners during his/her
tenure:
i. Has not held an Annual General Meeting of Shareholders;
ii. Has caused a company that obtained a license, approval or registration from the Financial Services Authority
to not fulfil the obligation to submit annual reports and/or financial reports to the Financial Services Authority;
iii. His/her accountability as a member of the Board of Directors and/or a member of the Board of
Commissioners has not been accepted by the General Meeting of Shareholders or has not provided
accountability as a member of the Board of Directors and/or a member of the Board of Commissioners to the
General Meeting of Shareholders.
Term of Office of the Board of Commissioners
Date OF Agreement
Length of
Board of Commissioners
No Position Reappointed service until
Maybank Indonesia Effective Date of
GMS Approval EGMS
Term office
1 Dato’ Sri Khairussaleh President 25 March 2022 4 October 2022 11 April 2025 2028
Ramli Commissioner
2 Marina R Tusin Independent 1 April 2024 19 July 2024 -
2027
Commissioner
3 Hendar Independent 16 October 2017 22 January 2018 30 March 2020 2026
Commissioner
31 March 2023
4 Putut Eko Bayuseno Independent 26 March 2021 7 September 2021 - 2027
Commissioner
1 April 2024
5 Daniel James Rompas Independent 27 September 3 January 2025 - 2027
Commissioner 2024
6 Edwin Gerungan Commissioner 31 March 2017 2 March 2018 30 March 2020 2026
31 March 2023
7 Datuk Lim Hong Tat Commissioner 18 October 2018 5 August 2019 26 March 2021 2027
1 April 2024
8 Dato’ Zulkiflee Abbas Commissioner 25 March 2022 6 July 2022 11 April 2025 2028
Abdul Hamid
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DISCLOSURE OF MULTIPLE POSITIONS
Information regarding the multiple positions of the member of the Board of Commissioners are below:
Company/Listed Company/
Name of Commissioner Position at the Bank Position
Agency Organisation
Dato’ Sri Khairussaleh Ramli President Commissioner President & Group Chief Executive Malayan Banking Berhad (MBB)
Officer
Non-Executive Director Payments Network Malaysia Sdn
Bhd (Paynet)
Non-Independent Non-Executive Maybank Singapore Limited
Director
Marina R Tusin Independent Commissioner Chairman and member Badan Pengelola Investasi Daya
independent of the Remuneration Anagata Nusantara
and Human Resources
Committee
Hendar Independent Commissioner Teaching Staff Lembaga Pengembangan
Perbankan Indonesia (LPPI)
Non-Permanent Lecturer STIE Indonesia Banking School
(IBS) Jakarta
Advisor PT Visa Worldwide Indonesia
Putut Eko Bayuseno Independent Commissioner Senior Advisor PT Agincourt Resource
Commissioner PT Acset Indonusa Tbk
Daniel James Rompas Independent Commissioner Treasurer Lembaga Perguruan Tinggi
Teologi Indonesia
Edwin Gerungan Commissioner - -
Datuk Lim Hong Tat Commissioner Senior Advisor Areca Capital Sdn Bhd
Independent Non-Executive Malaysia Smelting Corporation
Director Berhad (MSC)
Independent Not-Executive Maybank (Cambodia) Plc (MCP)
Director
Dato’ Zulkiflee Abbas Abdul Commissioner Independent Non Executive Malayan Banking Berhad
Hamid Director
Independent Non Executive Maybank Islamic Berhad
Director/Chairman
BOARD OF COMMISSIONERS' PERFORMANCE ASSESSMENT (INCLUDING THE PRESIDENT
COMMISSIONER)
Board of Commissioners' Performance Assessment Policy and Procedures
The performance of the Board of Commissioners is assessed annually through the Board of Commissioners ("BOC") and
BOC Committees' Effectiveness Evaluation ("BEE") exercise, which includes both self- assessment and peer assessments.
In addition to the Board of Commissioners' members, the Board of Directors' committees' performance is also assessed
by the Board of Directors using the 360° Management (Board of Directors) Evaluation BEE framework.
The assessment process includes evaluations of competency and expertise/experience, the performance of the Board
of Commissioners' committees, the effectiveness of the Board of Commissioners' responsibilities, and self- assessment
and peer assessments of each member of the Board of Commissioners' oversight function. The results of these
assessments will then be submitted to the Board of Commissioners.
The Board of Commissioners' performance assessment is conducted internally, annually, and independently every 3
(three) years with the support of external consultants or experts. The 2025 assessment was conducted internally.
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Board of Commissioners Performance Assessment Criteria
The Board of Commissioners' performance assessment criteria are established to assess the Board's performance both
collegially and individually. The Board of Commissioners' performance assessment criteria are divided into three parts,
each covering the following:
Part A Part B Part C
A1. A. Assessment BoC Effectiveness in Commissioners’ Self and Peer Evaluation A. Assessment of Board Effectiveness in
leading M25+ for year 2025. A. Competency, Skills and Expertise leading the M25+ Plan
A2. BOC Effectiveness B. Contribution To Boc B. BOC Oversight
1. Overall BOC effectiveness C. Commissioners General Duties C. BOC effectiveness in discharging roles
2. BOC Responsibilities D. Independent Commissioners and responsibilities
3. BOC Composition Assessment D. ESG
4. BOC Remuneration E. General Comments E. Effectiveness in BOC Communication
5. BOC Committees: with Board of Directors
6. BOC Conduct F. Mode of Engagement
7. BOC Interaction & Communication G. BOC Composition
8. BOC Chair (President Commissioner) H. Effectiveness of BOC Committees
9. BOC Administration and process I. BOC Administration and Process
10. Commissioners Learning and J. Overall BOC Effectiveness.
Development programme
1. Part A: Evaluation of the effectiveness of the Board Rating Definition
of Commissioners and Board of Commissioners The overall results for each key area are based on the
Committees to evaluate the overall performance of average score of each Commissioner and are categorized
the Board of Commissioners. as follows:
2. Part B: Self- assessment and peer assessment of the
Board of Commissioners to evaluate the individual Overall rating
Rating Description
contributions of Board members to the Board of average
Commissioners, as well as aspects of their personal 1 1,0 – 1,9 Below Demonstration of weak
qualities and attributes. Expectations attributes, the area
3. Part C: 360° BEE Evaluation by Management (Board of being evaluated requires
immediate attention
Directors) To gain a broader perspective on the Board
of Commissioners' performance assessment, the 2 2,0 – 2,9 Needs Attributes are
improvement not consistently
Board of Commissioners' performance assessment for demonstrated
2025 will also be conducted by the Board of Directors. and require further
improvement to be more
effective
Process and Parties Conducting the Assessment
3 3,0 – 3,5 Satisfactory Demonstration of
The process and parties conducting the assessment proper attributes, the
of the Board of Commissioners' performance can be evaluated area meets
the requirements
described as follows:
1. Assessments are conducted individually (self- 4 3,6 – 4,0 Strong Demonstration of
exemplary and market-
assessment) and by peer (peer assessment).
leading attributes
2. Assessments of the Board of Commissioners are also
conducted by the Board of Directors.
3. Each Commissioner and member of the Board of Recommendations for Assessment Result
Directors completes an assessment questionnaire The assessment results will serve as a reference in
through an electronic survey application sent by the determining the necessary corrective measures for the
Corporate Secretary's work unit. Board of Commissioners.
4. The results of the evaluation of the Board of
Commissioners' performance assessment are 2025 Board of Commissioners Performance Assessment
presented by the Corporate Secretary at the Board of Results.
Commissioners meeting. If necessary, the President Overall, the 2025 Board of Commissioners Performance
Commissioner can provide input and improvements Assessment results remained positive, with the overall
on the results of the Board of Commissioners' assessment being Satisfactory. In 2025, the Board of
performance assessments collegially and individually. Commissioners continued to perform its supervisory
function effectively, ensuring that the Bank's performance
met the expectations of shareholders and all stakeholders.
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From the overall results of the BEE assessment, there are Performance Assessment of the President
several aspects were considered Strong by the Board of Commissioner
Commissioners of Maybank Indonesia The Board of Commissioners assesses the effectiveness of
the President Commissioner's performance as Strong, with
Through BEE, the Board of Commissioners was assessed the following assessment aspects:
as having strengths, including: 1. The President Commissioner effectively leads the
1. Diversity of Experience, Background, and Expertise BOC in the decision-making process by creating a
The Board of Commissioners has been consistently consultative environment and encouraging active
recognized for its diversity and depth of expertise, participation and contribution from all BOC members.
particularly in banking, finance, macroeconomics, 2. The President Commissioner acts as a liaison between
law, and human resources. Members possess the BOC and the BOD and builds effective working
diverse professional backgrounds and extensive relationships with the GPCEO/CEO and the BOD,
banking experience, enabling them to provide a providing constructive support and advice without
comprehensive perspective and carry out their overriding executive responsibilities.
supervisory function effectively and balancedly. 3. The President Commissioner proactively sets the tone
2. Solid Collaboration, Communication, and Board from the top in shaping the BOC culture and upholding
Dynamics the Group's corporate values.
The assessment results confirmed effective 4. The President Commissioner acts as an effective
collaboration, open and constructive discussions, a spokesperson for the BOC.
high level of cohesiveness, and strong cooperation 5. The President Commissioner sets the tone from the top
among members of the Board of Commissioners. in encouraging continuous improvement, both at the
Active participation in meetings and committees, individual BOC member level and collectively within
coupled with clear and transparent communication, the BOC as a whole.
supports productive deliberations and effective
decision-making. BOARD OF COMMISSIONERS COMMITTEE
3. Leadership, Integrity, and Commitment to PERFORMANCE ASSESSMENT
Performance
The Board of Commissioners demonstrates strong Assessment Procedure
leadership and integrity, with a clear commitment The performance assessment of committees under the
to driving improved performance for Maybank Board of Commissioners is conducted annually through
Indonesia. This is reflected through active involvement, self-assessment and peer assessment methods. These
consistent attendance, substantive contributions, evaluations are conducted by each committee member
and the provision of strategic direction and input to from the Board of Commissioners.
management in addressing key challenges.
The performance assessment process for the Board
The Board of Commissioners also assessed the of Commissioners committees refers to the Board of
independence of Independent Commissioners as Strong, Commissioners (BOC) and BOC Committees Effectiveness
with the following assessment aspects: Evaluation (BEE) framework, which is completed by each
1. Consistently demonstrating the values and principles Commissioner through a survey application. In addition,
of independence in every BOC discussion (including the Board of Directors also assesses the performance
impartiality, objectivity, and consideration of the of the Board of Commissioners committees through the
interests of all stakeholders). 360° Management (Board of Directors) Evaluation BEE
2. Able to effectively differentiate their roles in carrying framework.
out their supervisory function as an Independent
Commissioner and to use independent judgment in Assessment Criteria
decision-making, coupled with providing objective The performance assessment criteria for committees
and balanced advice. under the Board of Commissioners are as follows:
3. Expressing independent opinions openly without fear • Collective Assessment
or bias. This assessment is conducted by each member of
4. The remuneration received by the Independent the Board of Commissioners on the committee's
Commissioner does not affect the performance of overall performance. This assessment generally
their duties and responsibilities as an Independent covers the committee's structure and composition,
Commissioner. strategic thinking, oversight and governance, and the
committee's effectiveness in addressing Company
issues/problems and providing recommendations to
the Company.
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• Individual Assessment Based on input from the Audit Committee, the Board of
This assessment is conducted by each member of the Commissioners made the following recommendations to
Board of Commissioners on the performance of the the Board of Directors:
committee of which the Board of Commissioners is a a. Approved the issuance of the Bank's audited and
member. consolidated financial statements and published
financial statements for 2025 (fourth quarter of 2024)
Assessment Results and the unaudited interim financial statements for
The Bank has established committees to support the first, second, and third quarters of 2025. The Audit
the implementation of the Board of Commissioners' Committee provided recommendations regarding the
supervisory duties and functions, namely the Audit presentation of the financial statements, accounting
Committee, Risk Monitoring Committee, Nomination treatment, and their conformity with generally
and Remuneration Committee, Integrated Governance accepted accounting principles, including the
Committee, Whistleblowing Governance Committee, and adequacy of the published financial statements and
Information and Technology Monitoring Committee. their reporting to the authorized regulators.
b. Provided various responses and/or advice to the
The basis for assessing the implementation of the Board Board of Directors regarding the results of the internal
of Commissioners' committee duties is to measure auditor's audit and oversaw the Board's follow-up
the effectiveness of the committees in supporting the actions on these findings.
implementation of the duties and responsibilities of c. Approved the 2025 Annual Audit Plan prepared by the
the Bank's Board of Commissioners using the following Internal Audit Unit.
parameters: d. Provided various responses and/or advice to the
1. Are the Board of Commissioners' committees effective Board of Directors regarding the status and follow-
in assisting the Board of Commissioners in carrying up of audit results conducted by regulators and the
out its duties and responsibilities? Maybank Group.
2. Are the Chair of the Board of Commissioners' e. Approved the appointment of a Public Accounting Firm
committees effective in carrying out their duties and (KAP) registered with the Financial Services Authority
responsibilities? (OJK) and officially affiliated with a major global Public
3. How is the interface between the Board of Accounting Firm to audit the Bank's consolidated
Commissioners' committees and the Board of financial statements for the 2025 financial year, as well
Commissioners? as the determination of the audit fee for the KAP and
other requirements related to the appointment.
In addition, the Board of Commissioners also assessed
the current composition of the Board of Commissioners' Based on the recommendations of the Nomination and
Committees to determine whether it is appropriate Remuneration Committee, the Board of Commissioners
to enable the Committees to carry out their duties has:
effectively. a. Approved the nomination of candidates for the
appointment and/or replacement of members of
The overall assessment of the implementation of the the Board of Commissioners, Board of Directors, and
duties of the Maybank Indonesia Board of Commissioners' Sharia Supervisory Board, and later submitted to the
Committees for 2025 remains positive, indicating that General Meeting of Shareholders.
the support and implementation of functions provided to b. Approved the nomination of candidates for
the Board of Commissioners in carrying out its duties and Independent Committee Members and candidates for
responsibilities are rated Satisfactory. Similarly, the Board Executive Vice President to fill the required positions.
of Directors' assessment result on the performance of the c. Approved the recommendations submitted
Board of Commissioners' Committees are considered for changes to the composition of the Board of
Satisfactory. Commissioners' Committees for the 2024-2027 period.
d. Approved the remuneration for members of the Board
COMMITTEE RECOMMENDATIONS TO THE of Directors, Board of Commissioners, and Sharia
BOARD OF COMMISSIONERS Supervisory Board, and later submitted to the General
As part of its implementation of corporate governance Meeting of Shareholders.
principles, the committees under the Board of e. Approved the remuneration for candidates for
Commissioners optimally performed their duties and Independent Committee Members and candidates for
functions throughout 2025. To ensure effective oversight Executive Vice President.
and improve the Bank's performance, these committees f. Approved the recommendations of the Nomination
submitted various strategic recommendations to the and Remuneration Committee regarding the
Board of Commissioners. implementation of remuneration policies and general
employee retention strategies with due consideration
of the principles of good governance in providing
470 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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remuneration in accordance with applicable Main Entity with OJK Regulation No. 18/POJK.03/2014
regulatory provisions, including but not limited to concerning the Implementation of Integrated
Material Risk Takers. Governance for Financial Conglomerates ("POJK
g. Approved the results of the evaluation of the Board 18/2014").
of Directors' performance in 2024 and approved the 2. Submission to the OJK of the Maybank Indonesia
performance assessment framework for the Board of Financial Conglomerate's Minimum Capital Adequacy
Directors in 2025. Requirement Report for Semester 2, 2024, at 261.15%.
h. Approved the performance assessment framework This report represents the Bank's obligation, pursuant
for the Board of Commissioners and Board-level to OJK Regulation No. 26/POJK.03/2015 concerning the
Committees in 2024, namely the Board Effectiveness Integrated Minimum Capital Adequacy Requirement
Evaluation. for Financial Conglomerates ("POJK 26/2015").
i. Reviewed the talent management process, including 3. Submission to the Financial Services Authority (OJK)
developing succession planning for members of the of the Integrated Risk Profile Report for Semester
Board of Directors. 2, 2024, with a rating of "2" (Low to Moderate). This
j. Approved recommendations and ensured that report demonstrates the Bank's compliance, as the
members of the Board of Directors and Board of Main Entity, with OJK Regulation No. 17/POJK.03/2014
Commissioners receive appropriate and continuous concerning the Implementation of Integrated Risk
development to stay abreast of the latest industry Management for Financial Conglomerates ("POJK
developments. 17/2014").
4. Submission to the OJK of the 2024 Annual Report on
Based on the recommendations of the Risk Oversight the Implementation of Integrated Governance (TKT),
Committee, The Board of Commissioners has approved with a rating of "2" (Good). This report demonstrates
the following subjects: the Bank's compliance, as the Main Entity, with POJK
a. Annual Review of ICAAP Policy. 18/2014.
b. Adjustment of BOC Acknowledgment. 5. Changes to the 2025 Integrated Risk Appetite
c. Debtor Threshold Limit. Statement (IRAS) for Profitability Risk, Asset Quality Risk,
d. 2025 RAS and Review of Recovery Plan (RCP) IT Risk, Cyber Risk, and Operational Risk.
e. Annual Review of Capital Management Framework. 6. Submission to the Financial Services Authority (OJK)
f. Redevelopment and Implementation of Forward- of the Integrated Risk Management Implementation
Looking Probability of Default Model for Non-Retail Assessment Report for Semester 1, 2025, with a rating
Portfolio. of "2" or falling under "Good” condition. This report
g. Review of Premier Banking Service Policy. demonstrates the Bank's compliance as the Main
h. Corporate Regulations on Structured Products. Entity with POJK 18/2014.
i. Annual Review of Industry Limits. 7. Submission to the OJK of the Maybank Indonesia
j. Reclassification of Quasi-Government Entities and BPR Financial Conglomerate's Minimum Capital
in Implementing Single Debtor Limit. Implementation Obligation Report for Semester
k. Periodic review of Credit Risk Framework. 1-2025, at 266.98%. This report represents the Bank's
l. Revision of Corporate Regulations on Sharia obligation, based on POJK 26/2015.
Governance Framework. 8. Submission to the OJK of the Integrated Risk Profile
m. Annual review of Recovery Plan (RCP). Report for Semester 1-2025 with a rating of "2" or falling
n. Review of Corporate Regulations on ESG Framework. under the "Low to Moderate" definition. This report
demonstrates the Bank's compliance as the Main
The Board of Commissioners approves the Risk Based Entity with POJK 17/2014.
Bank Rating on semi-annual basis, as well as provides
various advices and or responses in the risk management, The following are recommendations provided by the
based on periodic reviews by the Risk Oversight Investigation & Whistleblowing Governance Committee
Committee as reported in the information on the during 2025:
implementation of the duties of this committee. a. To enhance awareness of the Whistleblowing Channel
and the reporting criteria in order to improve the
Throughout 2025, the Integrated Governance Committee quality of information submitted by Whistleblower.
has requested recommendations on the following b. Approved the framework for granting rewards to
matters: Whistleblower whose reports have been substantiated,
1. Submission to the Financial Services Authority (OJK) in order to encourage the disclosure of fraudulent acts
of the Integrated Governance Implementation or violations.
Assessment Report for Semester 2, 2024, with a c. Approved the establishment of priority criteria for
rating of "2" or falling under the "Good" definition. This handling internal fraud cases.
report demonstrates the Bank's compliance as the
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06 / G O O D C O R P O R A T E G O V E R N A N C E
BOARD OF COMMISSIONERS TRAINING
Board of Commissioners Training
Name Training Name Organizer Location Date
Dato’ Sri Cyber Risk & Security Awareness Session by
Maybank KL Online 8 January 2025
Khairussaleh Mandiant & Trellix
Ramli
Government of
Forum Ekonomi Malaysia 2025 Malaysia 9 January 2025
Malaysia
Evolution Of Banking Model: Traditional –
Digital – Virtual; FinTech: Serene; NatWest Data Accenture Malaysia 21 May 2025
Transformation & Core Banking
The Art of the Possible in Al QuantumBlack Malaysia 21 May 2025
Prof. Manfred Kets de
The Leadership Mystique Malaysia 22 May 2025
Vries
Learnings from Europe’s Fastest Growing Startup Allica Bank Malaysia 22 May 2025
Fortune ASEAN-GCC-China Economic Forums Ministry of Investment
Malaysia 27 & 28 May 2025
2025 Trade and Industry
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Training SMR J6 BOC INOFIN Online 23 September 2025
Sentral
Ujian SMR J6 BOC LSPP 26 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
Marina R Tusin Sentral
New Year Town Hall 2025 Internal 7 January 2025
Senayan 3
In-House Cyber Risk & Security Awareness Session Maybank KL Online 8 January 2025
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Sentral
Refreshment SMR J6 BOC IBI BCC 25 June 2025
Senayan 3
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Agile Open Day to strengthen Agile mindset
Sentral
across all levels in conjunction with Group Agile Internal 6 August 2025
Senayan 3
COE
Sentral
Culture Transformation Workshop Internal 4 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Sentral
Training for Bionic Squad on New Practical Habits Internal 19 October 2025
Senayan 3
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
472 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Board of Commissioners Training
Name Training Name Organizer Location Date
Hendar Sentral
New Year Town Hall 2025 Internal 07 January 2025
Senayan 3
In-House Cyber Risk & Security Awareness Session Maybank KL Online 08 January 2025
Agile Leadership for Strategic Impact Training by Sentral
Deloitte 17 January 2025
Deloitte Senayan 3
Guru Series - Step Into The Future with AI Sentral
Internal 07 March 2025
Transformation Senayan 3
Sentral
Refreshment SMR J6 BOC: 25 Juni 2025 IBI BCC 25 June 2025
Senayan 3
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Sentral
Culture Transformation Workshop Internal 04 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 08 December 2025
Awareness
Indonesian Risk
IRPA Annual Risk Professional Summit 2025 Professional Bandung 12-13 December 2025
Association
Putut Eko In-House Cyber Risk & Security Awareness Session Maybank KL Online 8 January 2025
Bayuseno
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Sentral
Refreshment SMR J6 BOC IBI BCC 25 June 2025
Senayan 3
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Sentral
Culture Transformation Workshop Internal 4 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
Daniel James In-House Cyber Risk & Security Awareness Session Maybank KL Online 8 January 2025
Rompas
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Sentral
Refreshment SMR J6 BOC IBI BCC 25 June 2025
Senayan 3
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Agile Open Day to strengthen Agile mindset
Sentral
across all levels in conjunction with Group Agile Internal 6 August 2025
Senayan 3
COE
Sentral
Culture Transformation Workshop Internal 4 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
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Board of Commissioners Training
Name Training Name Organizer Location Date
Edwin Gerungan In-House Cyber Risk & Security Awareness Session Maybank KL Online 8 January 2025
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Sentral
Refreshment SMR J6 BOC IBI BCC 25 June 2025
Senayan 3
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Agile Open Day to strengthen Agile mindset
Sentral
across all levels in conjunction with Group Agile Internal 6 August 2025
Senayan 3
COE
Sentral
Culture Transformation Workshop Internal 4 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
Datuk Lim Hong Maybank Indonesia: In House Cyber Risk &
Maybank KL Online 8 January 2025
Tat Security Awareness Sessions
A Sneaking Suspicion/Introduction to Security Areca Online 21 January 2025
Behind Closed Doors/Security Essentials:
Protecting Accounts, Devices and Systems/Spot Areca Online 10 March 2025
the Difference: Cybersecurity on the Web
Incident Reporting/Web Browsing: Identifying
Areca Online 19 May 2025
Threats (Advanced)/Gladys Richwoman
Training Refreshment Risk Management Sentral
IBI BCC 25 June 2025
Certificate 6 Senayan 3
Annual Board Risk Workshop 2025 Maybank KL Online 31 July 2025
Internetnow
Cyber Security Assignment Online 30 September 2025
Teknologi Sdn Bhd
Contemporary Issues in Anti Money Laundering & Nature of Life Trading
7 October 2025
Anti-Terrorism Financing Sdn Bhd
Corporate Governance Excellence: Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
Dato’ Zulkiflee Cyber Risk & Security Awareness Maybank KL Online 8 January 2025
Abbas Abdul
Hamid KL
Government of
Forum Ekonomi Malaysia 2025 (FEM2025) Convention 9 January 2025
Malaysia
Centre
Special Lecture on Global Events & Financial Asian School
Fide Forum 19 February 2025
Industry Outlook of Business
Navigating AI Risks: Opportunities, Risks, and Asia School
ASB 15 April 2025
Governance for Leaders of Business
Bank Negara Malaysia – Annual Report 2024,
Economic and Monetary Review 2024 and FIDE Forum / BNM BNM 21 April 2025
Financial Stability Review for Second Half 2024
The Influence of Board Culture on Corporate Asian School
FIDE Forum 5 June 2025
Performance of Business
474 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Board of Commissioners Training
Name Training Name Organizer Location Date
Bank Negara Sasana
BNM Sasana Symposium 2025 17 June 2025
Malaysia Kijang, KL
Annual Board Risk Workshop Maybank KL Online 31 July 2025
Training SMR J6 BOC INOFIN Online 23 September 2025
Sentral
Ujian SMR J6 BOC LSPP 26 September 2025
Senayan 3
Institute of
Enterprise
Directors guide to RMiT Insterp Risk 2 October 2025
Practitioners
(IERP)
Khazanah Nasional Mandarin
Khazanah Megatrends Forum 2025 6 October 2025
Berhad Oriental Hotel
Regency
Ballroom 1
IIF – Maybank Sustainable Finance Forum 2025 IIF & 2, Hyatt 18 November 2025
Regency KL
Midtown, 7
Fireside Chat with PNB Investee Companies’
PNB PNB 20 November 2025
Directors
Corporate Governance Excellence – Navigating
Governance in Groups & Annual Cybersecurity Maybank Group Malaysia 8 December 2025
Awareness
BOARD OF COMMISSIONERS ELECTION be submitted to the GMS for shareholder approval
PROCESS and processed through the OJK's Fit and Proper Test
Every proposal for the appointment and/or replacement mechanism. In accordance with OJK Regulations, the
of members of the Board of Commissioners at the effective date of appointment of members of the Board
General Meeting of Shareholders (GMS) shall consider the of Directors is the date of approval from the OJK, although
recommendations of the Nomination and Remuneration the GMS may be held before such approval is obtained.
Committee. In the candidate search process, Maybank The appointment of members of the Board of Directors
Indonesia may use the services of a professional search must be reported to the OJK no later than 10 (ten) days
firm or other external sources, if necessary. from the effective date.
The Bank maintains a talent pool to implement a Candidates for members of the Board of Directors
strategic succession plan for members of the Board who are still awaiting OJK approval shall refrain from
of Commissioners. If necessary, the Bank may utilize a discharging their duties and authorities as Directors,
candidate search agency or other external sources to including in operational activities or decision-making
identify candidates for the Board of Commissioners. that have significant impacts on the Bank's policies and
financial condition, even if approved by the GMS.
After the application for appointment of candidates
for members of the Bank's Board of Commissioners,
upon approval by the Board of Commissioners, shall
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 475
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06 / G O O D C O R P O R A T E G O V E R N A N C E
MEETINGS OF THE BOARD OF
COMMISSIONERS, MEETINGS OF
THE BOARD OF DIRECTORS AND
JOINT MEETINGS OF THE BOARD OF
COMMISSIONERS AND THE BOARD OF
DIRECTORS
1. Meetings of the Board of Commissioners shall be
held periodically at least 1 (one) time in 2 (two)
months and/or may be held at any time when
deemed necessary by the President Commissioner
or by 2 (two) or more other members of the Board
of Commissioners or by a meeting of the Board
of Directors or at the request of 1 (one) or more
shareholders who together represent 1/10 (one-tenth)
of the total number of shares with valid voting rights.
2. The Board of Commissioners prepares the schedule
of the Board of Commissioners Meeting and the Board
of Commissioners Meeting by inviting the Board of
Directors for the next fiscal year before the end of the
fiscal year.
3. The Board of Commissioners shall hold a Board of
Commissioners Meeting together with the Board of
Directors on a regular basis at least 1 (one) time in 4
(four) months.
4. Invitation to the Board of Commissioners Meeting shall
be made by the President Commissioner or one of the
members of the Board of Commissioners or by the
Corporate Secretary or Corporate Secretary Unit.
5. Invitations and materials for the BOC Meeting shall be
delivered to the participants of the BOC Meeting at the
latest 5 (five) calendar days before the Meeting is held
or such other period as determined by the President
Commissioner.
6. Meetings of the BOC are valid and entitled to make
binding decisions only if more than 1/2 (one-half) of
the total number of incumbent members of the BOC
are present or represented at the meeting.
7. Members of the BOC may participate in the Meeting
through teleconference, electronic means or other
means of communication that enable all persons
participating in the Meeting to communicate with
each other simultaneously and instantly.
8. The Meeting of the BOC shall be chaired by the
President Commissioner, in the event that the
President Commissioner is unable to attend or is
absent, which does not need to be proven to a third
party, the Meeting of the BOC shall be chaired by one
of the members of the BOC elected by the members of
the BOC present and or represented in the Meeting of
the BOC.
9. Resolutions of the Meeting of the BOC shall be adopted
based on deliberation for consensus. In the event that
a decision based on deliberation for consensus is not
reached, the decision shall be made by voting based
on the affirmative votes of more than 1/2 (one-half) of
the total number of incumbent members of the BOC.
476 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
10. Minutes of the Meeting of the Board of Commissioners shall be prepared by the Corporate Secretary or by the Head
of the Corporate Secretary Work Unit and shall then be submitted to all members of the Board of Commissioners,
and if the Meeting is held jointly with the Board of Directors, it shall also be submitted to all members of the Board of
Directors.
11. Minutes of the Board of Commissioners Meeting shall be signed by all members of the Board of Commissioners
present and submitted to all members of the Board of Commissioners and if the meeting is held jointly with the
Board of Directors, all members of the Board of Directors present at the meeting must also sign the Minutes of the
Meeting.
12. The Minutes of Meeting of the Board of Commissioners shall state the physical presence of each member of the
Board of Commissioners and teleconference/telepresence presence. Attendance at teleconference/telepresence
meetings is accompanied by recordings (audio/visual) of the Meeting.
13. The Board of Commissioners may also adopt legal and binding resolutions without holding a Meeting of the Board of
Commissioners, provided that all incumbent members of the Board of Commissioners give their approval by signing
the proposed resolution (Circular Resolution). A Circular Resolution shall have the same force as a resolution validly
adopted in a Meeting of the Board of Commissioners.
14. Minutes of the Meeting of the Board of Commissioners must accurately record the decisions taken and the views of
the relevant members of the Board of Commissioners, including any of dissenting opinion.
15. The Board of Commissioners Meeting and the Board of Commissioners Meeting inviting Directors for 2025 have been
scheduled at the end of 2024.
Attendance of Board of Commissioners Members in Board of Commissioners Meetings in 2025
BOARD OF COMMISSIONERS
Date
DSK AI* EG HR DLHT PEB DZA MRT DJR
20 January 2025 √ √ √ √ √ √ √ √ √
11 April 2025 √ √ √ √ √ √ √ √ √
16 May 2025 √* √ √ √* √ √* √ √
02 August 2025 √ √ √ √ √ √ √ √
22 August 2025 √ √ √ √ √ √ √ √
26 September 2025 √ √ √ √ √ √ √ √
30 OCtober 2025 √* √* √* √* √* √* √* √*
Total 7 2 7 7 7 7 7 5 1
Attend 7 2 7 7 7 7 7 5 1
Absent 0 0 0 0 0 0 0 0 0
Percentage 100% 100% 100% 100% 100% 100% 100% 100% 100%
All members of the Board of Commissioners attended 100% (one hundred percent) of meetings convened in 2025
Note:
√ Phisically present
√* Attend via Teleconference
X Absent
*) The term of office ended upon the adjournment of the Company’s Annual General Meeting of Shareholders held on 11 April 2025
DSK - Dato' Sri Khairussaleh Ramli | AI - Achjar Iljas | EG - Edwin Gerungan | HR - Hendar | DLHT - Datuk Lim Hong Tat | PEB - Putut Eko
Bayuseno | DZA - Dato’ Zulkiflee Abbas Abdul Hamid | MRT - Marina R Tusin | DJR - Daniel James Rompas
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Attendance of Board Members in the Board of Commissioners and Board of Directors Meetings in2025
BOARD OF COMMISSIONERS BOARD OF DIRECTORS
Date
DSK AI* EG HR DLHT PEB DZA MRT DJR SR IF EH WP RA BAI YE SAY RH BS
28 February 2025 √* √ √ √ √* √ √* √ √ √ √ √ √ √ √ √ √ √ √
26 June 2025 √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
28 November 25 √ √ √ √ √ √ √ √ √ X √ √ √ √ √ √ √ √
Total 3 1 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
Attend 3 1 3 3 3 3 3 3 3 3 2 3 3 3 3 3 3 3 3
Absent 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0
Percentage 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 67% 100% 100% 100% 100% 100% 100% 100% 100%
All members of the Board of Commissioners and the Board of Directors attended 100% (one hundred percent) of meetings convened in 2025
Note:
√ Phisically present
√* Attend via Teleconference
X Absent
*) The term of office ended upon the adjournment of the Company’s Annual General Meeting of Shareholders held on 11 April 2025
DSK - Dato' Sri Khairussaleh Ramli | AI - Achjar Iljas | EG - Edwin Gerungan | HR - Hendar | DLHT - Datuk Lim Hong Tat | PEB - Putut Eko Bayuseno |
DZA - Dato’ Zulkiflee Abbas Abdul Hamid | MRT - Marina R Tusin | DJR - Daniel James Rompas
Attendance of Board of Commissioners Members in Special Meetings in 2025
BOARD OF COMMISSIONERS
Date
DSK AI* EG HR DLHT PEBS DZA MRT DJR
20 February 2025 √* √ √ √ √* √ √* √ √
29 April 2025 √* √ √ √* √ √* √ √
29 July 2025 √* √ √ √* √ √* √ √
05 December 25 √* √ √ √* √ √* √ √
Total 4 1 4 4 4 4 4 4 4
Hadir 4 1 4 4 4 4 4 4 4
Absen 0 0 0 0 0 0 0 0 0
Presentasi 100% 100% 100% 100% 100% 100% 100% 100% 100%
All members of the Board of Commissioners attended 100% (one hundred percent) of meetings convened in 2025
Note:
√ Phisically present
√* Attend via Teleconference
X Absent
*) The term of office ended upon the adjournment of the Company’s Annual General Meeting of Shareholders held on April 11, 2025
DSK - Dato' Sri Khairussaleh Ramli | AI - Achjar Iljas | EG - Edwin Gerungan | HR - Hendar | DLHT - Datuk Lim Hong Tat | PEB - Putut Eko
Bayuseno | DZA - Dato’ Zulkiflee Abbas Abdul Hamid | MRT - Marina R Tusin | DJR - Daniel James Rompas
478 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Agenda of the Board of Commissioners Meetings 2025
Date of Meeting Agenda of the Board of Commissioners Meetings
20 January 2025 1. Minutes of the BOC Meeting held on 22 November 2024
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. GB 2025 Initiatives
6. CFS 2025 Initiatives
7. Sharia 2025 Initiatives
8. IT & Core Banking Project Update
9. LCCA: Audit Findings Update
10. M25+ Initiatives Update
11. Enterprise Risk Dashboard (ERD)
12. BOC Approval for Committees
12.1. Risk Oversight Committee (ROC):
A. Approval of APU/PPT/PPSPM Policy 2024 Annual Review; and
B. Approval of Company Regulation on Good Corporate Governance
12.2. Integrated Good Corporate Governance Committee (IGCGC):
A. Approval of IGCG Implementation Report
13. Reports by Chairman of BOC Committees
13.1. Report by Chairman of Audit Committee (AC)
13.2. Report by Chairman of Risk Oversight Committee (ROC)
13.3. Report by Chairman of Information Technology Oversight Committee (ITOC)
13.4. Report by Chairman of Integrated Good Corporate Governance Committee (IGCGC)
13.5. Report by Chairman of Nomination & Remuneration Committee (NRC)
11 April 2025 1. Minutes of the BOC Meeting held on 23 February 2024
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1 Consolidated Financial Performance
4.2 Global Banking Performance
4.3 CFS Performance
4.4 Sharia Banking Performance
5. M25 Update
6. Digital Update
7. Syariah 2024 Initiatives: GB & CFS
8. IT Update:
8.1 Modernization & CDC
8.2 Building Digital Maturity through SP12xSP7
9. IT Update: Oppenheimer Project Update
10. Enterprise Risk Dashboard (ERD)
11. Audit Committee (AC) recomendation for BOC approval:
11.1 Revised AAP 2024
12. Risk Oversight Committee (ROC) recomendation for BOC approval:
12.1 Annual review of Industry Limit FY2024,
12.2 Permanent ICEL Excess SALIM Group.
13. Report by Chairman of Audit Committee (AC)
14. Report by Chairman of Risk Oversight Committee (ROC)
15. Report by Chairman of Information Technology Oversight Committee (ITOC)
16. Report by Chairman of Nomination and Remuneration Committee (NRC)
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Agenda of the Board of Commissioners Meetings 2025
Date of Meeting Agenda of the Board of Commissioners Meetings
16 May 2025 1. Minutes of the Special BOC Meeting on 29 Apr 2025 and BOC Meeting on 11 Apr 2025
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. HC Update
6. Branding & Marcom Strategy
7. Core Banking Project Update
8. M25+ Initiatives Update
9. NPS 2024 Result
10. Board Oversight on Corporate Plan and Strategic Initiatives
11. Enterprise Risk Dashboard (ERD)
12. BOC Approval for Committees
12.1. Risk Oversight Committee (ROC):
A. Approval of Maybank Premier Services Policy
12.2. Audit Committee (AC):
A. Approval of Internal Audit Charter
12.3. Integrated Good Corporate Governance Committee (IGCGC):
A. Approval of Integrated Good Corporate Governance Annual Implementation Report FY 2024
B. Approval of Annual Review of Integrated Risk Appetite Statement (RAS) FY 2025
13. Reports by Chairman of BOC Committees
13.1. Report by Chairman of Audit Committee (AC)
13.2. Report by Chairman of Risk Oversight Committee (ROC)
13.3. Report by Chairman of Information Technology Oversight Committee (ITOC)
13.4. Report by Chairman of Whistleblowing Governance Committee (WBGC)
13.5. Report by Chairman of Nomination & Remuneration Committee (NRC)
2 August 2025 1. Minutes of the BOC and BOD Meeting held on 26 June 2025
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. CFS Initiatives Progress vs Plan: Non-retail
6. Core Banking Project and IT Update
7. LCCA: Audit Findings Update
8. Financial Result June '25
9. Enterprise Risk Dashboard (ERD)
10. BOC Approval for Committees
10.1. Audit Committee (AC):
A. Approval of MBI's Consolidated Financial Statements for the Six-Month Period Ended June
30, 2025
10.2. Risk Oversight Committee (ROC):
A. Approval of Risk-Based Bank Rating (RBBR) for PT Bank Maybank Indonesia, UUS &
Consolidated IS 2025 and Good Corporate Governance (GCG) Self-Assessment as of June
2025
B. Approval of Annual Review of MBI Credit Risk Framework 2025
10.3. Integrated Good Corporate Governance Committee (IGCGC):
A. Approval of IGCG Implementation Report for 1st Semester 2025
B. Approval of ICAR for 1st Semester 2025
C. Approval of IRP for 1st Semester 2025
11. Reports by Chairman of BOC Committees
11.1. Report by Chairman of Audit Committee (AC)
11.2. Report by Chairman of Risk Oversight Committee (ROC)
11.3. Report by Chairman of Information Technology Oversight Committee (ITOC)
11.4. Report by Chairman of Whistleblowing Governance Committee (WBGC)
11.5. Report by Chairman of Nomination and Remuneration Committee (NRC)
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Agenda of the Board of Commissioners Meetings 2025
Date of Meeting Agenda of the Board of Commissioners Meetings
22 August 2025 1. Minutes of the BOC and BOD Meeting held on 2 August 2025 and Special BOC Meeting on 29 July
2025
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. Plenary Session for Business Plan & Budget 2026
6. GB Initiatives Progress vs Plan
7. Sharia Initiatives Progress vs Plan
8. Compliance Update
9. Core Banking Project and IT Update
10. M25+ Initiatives and M30 Plan Update
11. Enterprise Risk Dashboard (ERD)
12. BOC Approval for Committees
12.1. Risk Oversight Committee (ROC):
A. Approval of the Revision of Company Regulation regarding Sharia Governance Framework
13. Reports by Chairman of BOC Committees
13.1. Report by Chairman of Audit Committee (AC)
13.2. Report by Chairman of Risk Oversight Committee (ROC)
26 September 2025 1. Minutes of the BOC Meeting held on 22 August 2025
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. CFS Strategies, Updates and Initiatives (SME, Retail, WOM, MIF)
6. Budget Challenge
7. IT and Core Banking Project Update
8. Digital Banking Update
9. M25+ Initiatives Update
10. LCCA Update
11. Board Oversight on Corporate Plan and Strategic Initiatives
12. Enterprise Risk Dashboard (ERD)
13. Reports by Chairman of BOC Committees
13.1. Report by Chairman of Audit Committee (AC)
13.2. Report by Chairman of Risk Oversight Committee (ROC)
13.3. Report by Chairman of Information Technology Oversight Committee (ITOC)
13.4. Report by Chairman of Nomination and Remuneration Committee (NRC)
30 October 2025 1. Minutes of the BOC Meeting held on 26 September 2025
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. Annual Operating Plan
6. MBI Financial Result period of September 2025
7. M25+ and M30 Initiatives Update
8. Board Oversight on Corporate Plan and Strategic Initiatives
9. Shariah Banking Update
10. LCCA: Compliance Update
11. Core Banking Project and IT Update
12. Enterprise Risk Dashboard (ERD)
13. BOC Approval for Committees
13.1. Risk Oversight Committee (ROC):
A. Approval of Recovery Plan FY2026 Annual Review
B. Approval of ESG Framework 2025 Review
13.2. Audit Committee (AC):
A. Approval of ICOFR
14. Reports by Chairman of BOC Committees
14.1. Report by Chairman of Audit Committee (AC)
14.2. Report by Chairman of Risk Oversight Committee (ROC)
14.3. Report by Chairman of Integrated Good Corporate Governance Committee (IGCGC)
14.4.Report by Chairman of Information Technology Oversight Committee (ITOC)
14.5.Report by Chairman of Whistleblowing Governance Committee (WBGC)
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Agenda Special the Board of Commissioners Meeting 2025
Date of Meeting Agenda of the Board of Commissioners Meetings
20 February 2025 1. Approval of MBI Consolidated Financial Statement 31 December 2024
2. Approval of Press Release
29 April 2025 1. Approval of MBI Consolidated Financial Statement 31 March 2025
2. Approval of Press Release
29 July 2025 1. Approval of MBI Consolidated Financial Statement 30 June 2025
2. Approval of Press Release
05 December 2025 1. Pembahasan Strategi dan Inisiatif Korporasi
Agenda Joint of the Board of Commissioners and the Board of Directors Meeting 2025
Date of Meeting Agenda of the Board of Commissioners Meetings
28 February 2025 1. Minutes of the BOC Meeting held on 20 Jan 2025 & Special BOC Meeting on 20 Feb 2025
2. Matters Arising
3. Live tracking matters arising
4. CEO Report
5. Group Financial Performance
5.1. Consolidated Financial Performance
5.2. Global Banking Performance
5.3. CFS Performance
5.4. Sharia Banking Performance
6. CFS 2025 Initiatives: Retail
7. WOM & MIF 2025 Initiatives
8. Core Banking Project Update
9. Digital 2025 Initiatives
10. M25 Initiatives Update
11. 2024 Annual & Sustainability Report
12. Utilization of Net Profit and Dividend Payout
13. Enterprise Risk Dashboard (ERD)
14. Update from Dewan Pengawas Shariah (DPS)
15. BOC Approval for Committees
15.1. Audit Committee (AC):
A. Approval of Independent External Reviewer Services for the Internal Audit Function (SKAI)
Review appointment.
15.2. Risk Oversight Committee (ROC):
A. Approval of Risk Appetite Statement FY 2025 & Recovery Plan trigger Level.
16. Reports by Chairman of BOC Committees
16.1. Report by Chairman of Audit Committee (AC)
16.2. Report by Chairman of Risk Oversight Committee (ROC)
16.3. Report by Chairman of Nomination and Remuneration Committee (NRC)
17. Other: Board Effectiveness Evaluation (BEE)
482 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Agenda Joint of the Board of Commissioners and the Board of Directors Meeting 2025
Date of Meeting Agenda of the Board of Commissioners Meetings
26 June 2025 1. Minutes of the BOC Meeting held on 16 May 2025
2. Matters Arising
3. CEO Report
4. Group Financial Performance
4.1. Consolidated Financial Performance
4.2. Global Banking Performance
4.3. CFS Performance
4.4. Sharia Banking Performance
5. Financial Holding Conglomeration (PIKK) Update
6. Revised RBB 2025 (Business Plan)
7. Operations Update
8. WOM and MIF 2025 Initiatives vs Progress
9. IT Project Update
10. Digital 2025 Initiatives
11. M25+ Initiatives Update
12. Enterprise Risk Dashboard (ERD)
13. Update from Dewan Pengawas Shariah (DPS)
14. BOC Approval for Committees
14.1. Audit Committee (AC):
A. Approval of Annual Audit Plan
14.2. Risk Oversight Committee (ROC):
A. Approval of Peraturan Perusahaan (PERPUR) for Structured Products
B. Annual review of Industry Limits for FY2025
C. Approval of Additional framework for Implementation of Single Debtor Limit (SDL)
15. Reports by Chairman of BOC Committees
15.1. Report by Chairman of Audit Committee (AC)
15.2. Report by Chairman of Risk Oversight Committee (ROC)
15.3. Report by Chairman of Information Technology Oversight Committee (ITOC)
15.4.Report by Chairman of Nomination and Remuneration Committee (NRC)
28 November 2025 1. Minutes of the BOC Meeting held on 30 October 2025
2. Matters Arising
3. Update from Dewan Pengawas Shariah (DPS)
4. CEO Report
5. Group Financial Performance
5.1. Consolidated Financial Performance
5.2. Global Banking Performance
5.3. CFS Performance
5.4. Sharia Banking Performance
5.5. ESG Progress Update
6. Conglomeration Update
7. M25+ and M30 Initiatives Update
8. Operations Update
9. Human Capital Update
10. Compliance Update
11. IT General Update and Project
12. Enterprise Risk Dashboard (ERD)
13. BOC Approval for Committees
13.1. Audit Committee (AC):
A. Approval of Annual Audit Plan (AAP)
B. Approval of Audit Committee Charter
13.2. Risk Oversight Committee (ROC):
A. Approval of Bank Business Plan (RBB)
B. Approval of Sustainable Finance Action Plan (RAKB)
14. Reports by Chairman of BOC Committees
14.1. Report by Chairman of Audit Committee (AC)
14.2. Report by Chairman of Risk Oversight Committee (ROC)
14.3. Report by Chairman of Information Technology Oversight Committee (ITOC)
14.4.Report by Chairman of Nomination and Remuneration Committee (NRC)
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06 / G O O D C O R P O R A T E G O V E R N A N C E
BOARD OF COMMISSIONERS' SUPERVISION FOCUS IN 2025
Throughout 2025, the Board of Commissioners oversaw the Bank's management by the Board of Directors. The Board
of Commissioners also ensured that the Bank adhered to established strategic policies and that Good Corporate
Governance was effectively implemented across all Bank activities. The Board of Commissioners prioritized achieving
business targets, with due regard for risk management based on prudent principles and compliance with all applicable
regulations. Assisted by committees, the Board of Commissioners provided recommendations, direction, and input on
various aspects of the Bank's business and business support.
The Board of Commissioners' oversight focus covered several key aspects in 2025, including:
1. Analyzing, providing input, and, together with the Board of Directors, approving the 2025 Bank Business Plan (RBB),
including the implementation of the RBB in the previous period, and approving the 2025 Sustainable Finance Action
Plan and the implementation of the 2024 Sustainable Finance Action Plan.
2. Ensuring that the Board of Directors followed up on audit findings and recommendations from the Internal Audit Unit,
including improvements to the audit findings of external, internal, and regulatory auditors.
3. Exercising active oversight of the Bank's risk management process, including conducting a self-assessment of
the Bank's health level using the Risk-Based Bank Rating (RBBR). Throughout 2025, participating in monitoring
the bankwide risk management process, asset quality, governance, and profitability of the Bank through the Risk
Oversight Committee. Furthermore, review risk management policies and evaluate their alignment with their
implementation.
4. Overseeing the Company's technology, digital planning, and strategy.
5. Conducting regular reviews of the Bank's financial performance.
6. Supporting the effective implementation of the Board of Commissioners' duties and responsibilities, at each Board
of Commissioners meeting, receiving reports from each of the following committees: the Audit Committee, the Risk
Oversight Committee, the Nomination and Remuneration Committee, the Integrated Governance Committee, the
Whistleblowing Governance Committee, and the Information and Technology Oversight Committee.
7. Providing input and direction on the implementation of the Bank M25+ strategic plan to accelerate Maybank's
performance improvement.
484 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
BOARD OF DIRECTORS
The Board of Directors is a governance organ of the Bank 11. Other relevant laws and regulations.
that has full authority and responsibility for managing 12. Bank Articles of Association
the Bank in the best interests of the Bank, in accordance
with the Bank’s objectives and purposes, and for THE BOARD OF DIRECTORS’ CHARTER
representing the Bank both in and outside the court of In carrying out their duties and responsibilities, the Board
law in accordance with the provisions of the Articles of of Directors is guided by the Board of Directors Charter
Association and applicable laws and regulations. The as a reference and guideline in performing their duties.
Board of Directors holds collective responsibility for the The Charter is periodically reviewed and updated in
management of the Bank in accordance with the Bank’s accordance with prevailing laws and regulations in the
Articles of Association. Republic of Indonesia.
Each member of the Board of Directors carries out his or This Charter is binding for each member of the Board of
her duties and responsibilities in accordance with the Directors to ensure that their functions are carried out
respective division of duties and authorities to ensure efficiently, effectively, transparently, independently, and
the proper implementation of corporate governance, the accountably. The Board of Directors Charter was last
effectiveness of Bank management, and the achievement updated on March 1, 2024.
of the Bank’s performance targets. In performing their
duties, members of the Board of Directors uphold the Legal Basis for the Preparation of the Board of Directors
principles of prudence, professionalism, and objectivity, Charter:
while prioritizing the interests of the Bank and its 1. Law No. 40 of 2007 concerning Limited Liability
stakeholders in accordance with applicable laws and Companies.
regulations in order to support the Bank’s long term 2. POJK No. 33/POJK.04/2014 concerning the Board of
business sustainability. Directors and the Board of Commissioners of Issuers or
Public Companies
LEGAL BASIS 3. POJK No. 17 of 2023 Concerning the Implementation of
Legal basis for the appointment of the Board of Directors: Governance for Commercial Banks
1. Law No. 40 of 2007 concerning limited liability 4. SEOJK No.14/SEOJK.03/2025 concerning the
companies Implementation of Governance for Commercial Banks.
2. Law No.7 of 1992 concerning banking as amended by 5. The Company’s Articles of Association and their
law number 10 of 1998 amendments.
3. Financial services authority regulation (POJK) No.33/
pojk.04/2014 concerning the board of directors and The Board of Directors Charter governs various matters,
the board of commissioners of issuers or public including:
companies 1. Governance Structure
4. POJK No. 17 of 2023 concerning the implementation of 2. Independence
governance for commercial banks 3. Duties, responsibilities, and authorities of the Board of
5. POJK No. 15/pojk.04/2020 concerning the planning and Directors
implementation of general meetings of shareholders 4. Roles and responsibilities of the President Director
of public companies 5. Compliance Director
6. SEOJK No.14/seojk.03/2025 concerning the 6. Director of the Sharia Business Unit
implementation of governance for commercial banks 7. Relationship between the controlling shareholder
7. POJK No. 18/pojk.03/2016 concerning the company and its subsidiaries
implementation of risk management for commercial 8. Core values and work ethics
banks 9. Transparency of members of the Board of Directors
8. POJK No. 27/pojk.03/2016 concerning fit and proper 10. Meetings of the Board of Directors
tests for key parties of financial services institutions 11. Prohibitions applicable to the Board of Directors
9. Financial services authority circular letter (SEOJK) 12. Performance evaluation and remuneration of the
No. 39/seojk.03/2016 concerning fit and proper tests Board of Director
for prospective controlling shareholders, prospective 13. Working relationship between the Board of Directors
members of the board of directors, and prospective and the Board of Commissioners
members of the board of commissioners of banks 14. Training, certification, and continuing requirements
10. POJK No. 28/seojk.03/2022 concerning risk 15. Reporting and accountability
management certification for human resources of
commercial banks
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 485
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06 / G O O D C O R P O R A T E G O V E R N A N C E
COMPOSITION AND CRITERIA d) carried out by a party not holding a structural
The composition and criteria of the Bank’s Board of position in the Bank; and
Directors comply with regulatory provisions, among e) carried out by a party without authority in making
others, as follows: operational decisions for the Bank.
1. The number of members of the Board of Directors is 3. Members of the Board of Directors shall refrain from
more than 3 (three) people, namely 10 (ten) people. delegating power of attorney to other parties that
2. All members of the Board of Directors are domiciled in could result in the transfer of their duties and functions.
Indonesia. 4. Members of the Board of Directors shall refrain from
3. All members of the Board of Directors have at least 5 exploiting the Company for personal, family, and/or
(five) years of experience in the operational field and other party interests that could harm or reduce the
at least as an Executive Officer of the Bank. Company's potential profits.
4. No concurrent positions of the Bank’s Directors violate 5. Members of the Board of Directors shall refrain from
the applicable regulatory provisions, namely OJK taking and/or receiving personal benefits from the
RegulationNo. 17 of 2023 on the Implementation of Bank other than remuneration and other facilities
Governance for Commercial Banks excludes the determined by the GMS resolution.
implementation of functional duties to become a 6. Members of the Board of Directors, either individually
member of the Board of Commissioners in non-bank or collectively, shall refrain from owning shares in other
subsidiaries controlled by the Bank from the scope of companies amounting to 25% (twenty-five percent) or
prohibited concurrent positions. more of the total paid-up capital of such companies.
7. The Board of Directors shall not have any financial,
INDEPENDENCE OF THE BOARD OF DIRECTORS management, share ownership, or familial
Maybank Indonesia is committed to ensuring that the relationships with other members of the Board
Board of Directors carries out its duties and responsibilities of Directors, the Board of Commissioners, and/or
independently and always prioritizes the interests of the Controlling Shareholders, or any relationship with the
Bank over their personal interests. The Board of Directors is Bank in order for them to carry out their duties and
also required to uphold integrity as stipulated in the Board responsibilities independently.
of Directors' Charter, with the following provisions:
1. The Board of Directors shall refrain from using personal TERM OF OFFICE FOR BOARD OF DIRECTORS
advisors and/or professional services as experts or 1. Members of the Board of Directors are appointed
consultants. by the General Meeting of Shareholders, each for a
2. Exceptions to this prohibition are only possible if all of term commencing from the date determined by the
the following conditions are met: General Meeting of Shareholders that appoints them
a) intended for a special project; and ending at the closing of the third Annual General
b) based on a clear and measurable employment Meeting of Shareholders following the date of their
contract; appointmen.
c) carried out by an Independent Party with 2. Members of the Board of Directors whose term of office
specific technical competencies and adequate has expired may be reappointed.
qualification standards to handle the special
project as referred to in letter a;
Composition and basis for the appointment of the Board of Directors in 2025:
Basis of Appointment Term of
Office until
No Name Title Re-appointed AGM
Effective Date
AGM Approval Approval the
(FSA Approval)
AGMS
1 Steffano Ridwan President Director 1 April 2024 11 July 2024 - 2027
2 Irvandi Ferizal Director 1 December 2015 21 January 2016 - 2018
6 April 2018 2021
26 March 2021 2024
1 April 2024 2027
3 Effendi Director 31 March 2017 21 July 2017 - 2020
30 March 2020 2023
31 March 2023 2026
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Basis of Appointment Term of
Office until
No Name Title Re-appointed AGM
Effective Date
AGM Approval Approval the
(FSA Approval)
AGMS
4 Widya Permana Director 18 October 2018 18 January 2019 - 2021
26 March 2021 2024
1 April 2024 2027
5 Ricky Antariksa Director 30 March 2020 13 July 2020 - 2023
31 March 2023 2026
6 Bambang Andri Director 28 September 2022 15 November 2022 - 2025
Irawan
11 April 2025 2028
7 Yessika Effendi Director 1 April 2024 11 July 2024 - 2027
8 Romy Hardiansyah Director 1 April 2024 11 July 2024 - 2027
9 Shaiful Adhli Yazid Director 1 April 2024 26 August 2024 - 2027
10 Bianto Surodjo Director 27 September 2024 23 December 2024 - 2027
SCOPE OF DUTIES AND AUTHORITIES OF EACH Effendi – Director of Risk Management
MEMBER OF THE BOARD OF DIRECTORS Responsible for reviewing, assessing, and developing
The scope of duties and responsibilities of each member policies to ensure that the Bank manages risks effectively,
of the Board of Directors is determined based on Article including operational risk, credit risk, and market risk;
16.9 of the Bank’s Articles of Association. The division of ensuring that the Bank’s risk policies comply with
duties and authorities among members of the Board of existing policies and guidelines, such as the adequacy of
Directors for 2025 is based on the resolution of the Annual documentation to ensure the security of collateral and or
General Meeting of Shareholders of Maybank Indonesia to minimize bad loans or non performing loans.
held on April 11, 2025, which approved the allocation of
duties and authorities among members of the Board Widya Permana – Director of Operations
of Directors for the 2025 financial year. Based on the Responsible for providing efficient operations and
resolution of the AGMS, the duties and authorities are overseeing the overall development and coordination of
subsequently formalized through a Board of Directors banking operations, as well as ensuring operational cost
Resolution. The division of duties and authorities among effectiveness and compliance with applicable standards
members of the Board of Directors of Maybank Indonesia to support the Bank’s business and meet the expectations
is as follow: of both internal and external customers.
Steffano Ridwan – President Director Ricky Antariksa – Director of Global Banking
• Responsible for formulating strategies, planning, and Responsible for establishing, implementing, and
leading the Bank’s banking operations to achieve its monitoring global banking business strategies in
objectives and targets as part of the Maybank Group’s delivering holistic corporate banking offerings, financial
regional strategy to become a leading regional institutions and global markets or treasury products, as
financial services provider; well as global transaction services such as transaction
• Facilitates the growth of the Bank’s operations by banking and cash management to local and international
leveraging the Group’s business capabilities and client corporate clients.
network.
Bambang Andri Irawan – Director of Information and
Irvandi Ferizal – Director of Human Capital Technology
Responsible for planning, developing, and implementing • Responsible for determining the direction and
effective Human Capital strategies aligned with the Bank’s overseeing the implementation of Information
current and long term business vision and objectives; Technology;
representing the Bank in matters related to Human • Actively provides solutions for business teams,
Capital, providing strategic and expert HR advice to the supports banking operations, particularly in achieving
President Director and other executives, and working organizational objectives, digital solutions, improving
together with the Board of Directors on various strategic process automation, and digital transformation that
issues. will provide additional benefits to the Bank;
• Ensures that the implementation of initiatives and
projects in the Information Technology Directorate can
provide impact and are aligned with the Bank’s needs
as well as applicable policies and regulations.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Yessika Effendi – Director of Compliance
• Continuously carries out duties and obligations necessary to comply with all laws and regulations, overseeing any
risks that may arise from failure to comply with applicable regulations.
• Responsible for maintaining fair, consistent, and transparent communication regarding matters related to corporate
governance, material transactions, and corporate actions.
• Provides support in administration, information, utilities, and resources to facilitate the Board of Directors and the
Board of Commissioners in carrying out their duties and responsibilities, as well as monitoring compliance with
capital market laws and regulations and ensuring that the Board of Directors is informed of changes in laws and
regulations and their implications.
Romy Hardiansyah – Director overseeing the Sharia Business Unit
Responsible for establishing and managing business strategies, implementing and monitoring their development
to successfully provide the full range of Sharia business products and services as well as the Sharia branch office
network to support the Company’s business growth, including determining business targets for both funding and
financing, specifying marketing mechanism functions, work systems, preparation and improvement of operational work
procedures, preparation and improvement of internal control mechanisms as well as the development of concepts,
modules, and training media for Sharia operational and marketing activities and their responsibilities in accordance
with directions provided by Management.
Shaiful Adhli Yazid – Director of Finance
• Responsible for leading, directing, and controlling the Bank’s finances and relations with investors to maintain the
short term and long term financial health of the business;
• Planning, directing, and coordinating activities related to accounting, fiscal reporting, debt management including
investments, business licensing administration and tax administration, as well as ensuring operational cost
effectiveness and compliance with applicable standard provisions;
• Providing supervision to the Bank’s subsidiaries.
Bianto Surodjo – Director of Community Financial Services (CFS)
• Responsible for establishing and managing retail and non retail banking business strategies including business
banking, SME and RSME, as well as implementing and monitoring their progress to provide the overall retail banking
and business banking services for customers.
• Responsible for developing new products and improving business performance, as well as developing the Bank’s
channels to ensure market penetration and business growth.
COMPOSITION OF THE BOARD OF DIRECTORS
The composition of the Bank’s Board of Directors as of December 31, 2025 is as follows:
No Nama Position
1 Steffano Ridwan President Director
2 Irvandi Ferizal Director
3 Effendi Director
4 Widya Permana Director
5 Ricky Antariksa Director
6 Bambang Andri Irawan Director
7 Yessika Effendi Director overseeing the Compliance Function
8 Romy Hardiansyah Director overseeing the Sharia Business Unit
9 Shaiful Adhli Yazid Director
10 Bianto Surodjo Director
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Steffano Ridwan Sentral
New Year Town Hall 2025 Internal 7 January 2025
Senayan 3
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Sentral
ESG Champion Kick Off Internal 24 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Media Training for PresDir of MBI Maverick 20 March 2025
Senayan 3
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
MEPC Finale Day Maybank Group 20 June 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Maybank ECSEbersamaan LCP&RCP Test 2025 Internal Wisma Kodel 18 October 2025
Shaiful Adhli Sentral
New Year Town Hall 2025 Internal 7 January 2025
Yazid Senayan 3
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Sentral
Bionic Tiger - Finance Internal 23-24 May 2025
Senayan 3
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
LSP Pembiayaan
Basic Commissioner Certification LSPPI 30 September 2025
Indonesia - LSPPI
Asian Insitute of
The Cyber Aftershock of Tariff Decisions Online 8 October 2025
Chatered Bankers
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Irvandi Ferizal Sentral
New Year Town Hall 2025 Internal 7 January 2025
Senayan 3
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Business Media
CHRO Retreat 2025 Bali 23-25 April 2025
International
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
MEPC Finale Day Maybank Group 20 June 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
Hotel Sofyan 26-27 September
RCC Sertifikasi Uji Kompetensi Bidang MSDM LSP MSDM
Tebet, Jakarta 2025
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Widya Permana Sentral
New Year Town Hall 2025 Internal 7 January 2025
Senayan 3
Sentral
Press Conference Maybank Marathon Internal 9 January 2025
Senayan 3
Connect-3 Mufti Menk Internal GBK Senayan 12 January 2025
Graha TB
Ceremony New Look Customer Call Center Internal 15 January 2025
Simatupang
Agile Leadership for Strategic Impact Training by Sentral
Deloitte 17 January 2025
Deloitte Senayan 3
Sales & Service Summit Award 2025 Internal Bandung 20 January 2025
Senior Leaders Town Hall Group KL Online 20 January 2025
Maybank Indonesia –
Media Training Bandung 20 January 2025
Corcomm
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
Town Hall Region Jakarta-1 Internal 23 January 2025
Senayan 3
Asosiasi Sistem Hotel Raffles
Launching Lembaga Sertifikasi Profesi (LSP)
Pembayaran Ciputra 4 February 2025
Sistem Pembayaran Indonesia
Indonesia (ASPI) Jakarta
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
KC Ekajiwa
Branch Visit BBOC Internal 13 February 2025
Jakarta
Sentral
Operations Directorate Townhall Internal 19 February 2025
Senayan 3
Guru Series - Step Into The Future with AI Sentral
Internal 7 March 2025
Transformatio Senayan 3
Hotel
BOD Offsite Meeting Internal 12 March 2025
Dharmawangsa
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Operations & Service Excellence Roadshow 2025 - Sentral
Internal 13 March 2025
Region Jakarta 3 Senayan 3
Buka Puasa Bersama 1446 Hijriah bersama anak Sentral
Internal 13 March 2025
yatim Senayan 3
Operations & Service Excellence Roadshow 2025 -
Internal Online 25 March 2025
Region Sumatera Selatan
Operations & Service Excellence Roadshow 2025 - Sentral
Internal 26 March 2025
Region Jakarta 2 Senayan 3
Operations & Service Excellence Roadshow 2025 - Sentral
Internal 27 March 2025
Region Jakarta 1 Senayan 3
Operations & Service Excellence Roadshow 2025 - Cabang
Internal 14-15 April 2025
Region Jakarta 1 Bandung
Operations & Service Excellence Roadshow 2025 -
Internal Online 17 April 2025
Region Jawa Tengah
Sentral
Sharing Session Low Code for Operations Internal 23 April 2025
Senayan 3
Sentral
Bionic Podcast Internal 24 April 2025
Senayan 3
Sentral
Q1 - 2025 Big Room Planning (BRP) Session Internal 29 April 2025
Senayan 3
Maybank Indonesia Senior Leaders] M30 Strategy
Maybank Group Online 2 May 2025
Sector Engagement
Sentral
Opening Session CX Ambassador Worskhop Internal 8 May 2025
Senayan 3
Opening Session Training Managerial Credit
Internal Wisma Kodel 10 May 2025
Operation
Engagement & Sharing Session with SMPP Batch 6 Internal Wisma Kodel 20 May 2025
Operations & Service Excellence Roadshow Region
Internal Online 23 May 2025
Sumatera Utara
Maybank Indonesia Staff Townhall - Q1 2025 Sentral
Internal 4 June 2025
Financial Results Senayan 3
Bank Indonesia - Diseminasi Ketentuan & Aspek
Bank Indonesia Jakarta 11 June 2025
Keamanan Sistem BI FAST
Operations & Service Excellence Roadshow Region
Internal Online 12 June 2025
Kalimantan
Maybank Leaders Bootcamp 2025 SeskoAD Bandung 13-14 June 2025
Operations & Service Excellence Roadshow Region
Internal Bandung 19 June 2025
Jawa Bali & Nusra
Operations & Service Excellence Roadshow Region
Internal Online 3 July 2025
Sulawesi IBT
BIGER PSE Internal Bali 11 July 2025
Sentral
Operations Townhall #2 Internal 18 July 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Big Room Planning (BRP) Q2 - 2025 Internal 23 July 2025
Senayan 3
Public Consultation Forum on Draft BI Regulation
Bank Indonesia Jakarta 30 July 2025
on Payment System Industry
BOC & BOD Offsite Meeting Internal Bogor 1-2 August 2025
Maybank Indonesia Staff Townhall Q2/2025 Sentral
Internal 6 August 2025
Financial Results Senayan 3
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Sentral
Agile Open Day Internal 6 August 2025
Senayan 3
Operations & Service Excellence Roadshow Region KCI Thamrin,
Internal 7 August 2025
Jakarta-1 Jakarta
Maybank Marathon Internal Bali 24 August 2025
Sentral
Maybank Group Staff Townhall Maybank KL 26 August 2025
Senayan 3
Sentral
Refreshment SMR J7 BOD: 28 Aug 2025 IBI BCC 28 August 2025
Senayan 3
Members Meeting ATM Bersama 2025 Artajasa Manado 19 September 2025
Senior Leaders Engagement – M30 Maybank KL Online 19 September 2025
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
MBI MPowered System Socialization - Chapter
Internal Online 16 October 2025
Lead First Session
Enterprise Crisis Simulation Exercise (ECSE) 2025 Internal Wisma Kodel 18 October 2025
Business Alignment Meeting Q4 Internal Wisma Kodel 23-24 October 2025
Fun Run 5K & Talkshow - Run Together, Stay
Internal ON3 GBK 29 October 2025
Connected
Operations & Service Excellence Roadshow 2025 -
Internal Online 31 October 2025
Region Jatim, Bali & Nusra
Operations & Service Excellence Roadshow 2025 -
Internal Online 4 November 2025
Region Sumatera Utara
Maybank Staff Townhall Internal Online 5 November 2025
Operations & Service Excellence Roadshow 2025 -
Internal Online 6 November 2025
Region Kalimantan
Operations & Service Excellence Roadshow 2025 -
Internal Online 7 November 2025
Region Sumatera Selatan
Sentral
Session MDP Operational Batch 3 Internal 12 November 2025
Senayan 3
Operations & Service Excellence Roadshow 2025 -
Internal Online 13 November 2025
Region Jakarta 2
Sentral
Operations Directions 2026 Workshop Internal 14 November 2025
Senayan 3
Operations & Service Excellence Roadshow 2025 -
Internal Online 17 November 2025
Region Jakarta 3
Operations & Service Excellence Roadshow 2025 -
Internal Online 19 November 2025
Region Jakarta 1
Sentral
Bionic Squad CX Ambassador Showcase Internal 19 November 2025
Senayan 3
Maybank Group Staff Townhall - 3Q 2025 Financial
Internal Online 21 November 2025
Results
Asosiasi Sistem
Seminar "The Future of Payments: Innovate,
Pembayaran Denpasar, Bali 21 November 2025
Trusted, Global"
Indonesia (ASPI)
Operations & Service Excellence Roadshow 2025 -
Internal Online 26 November 2025
Region Jawa Barat
Operations & Service Excellence Roadshow 2025 -
Internal Online 26 November 2025
Region Jawa Tengah
Operations & Service Excellence Roadshow 2025 -
Internal Online 2 December 2025
Region Sulawesi & IBT
Opening Speech Bionic Leader - sosialisasi 5 Sentral
Internal 11 December 2025
Practical Habits Senayan 3
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Effendi Sentral
New Year Town Hall 2025 Internal 7 January 2025
Senayan 3
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
SSSA Internal Bandung 21 January 2025
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
ESG Champion Kick Off Internal 24 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
KSHOP SME CREDIT 2025 Internal 7 February 2025
Senayan 3
OJK Annual Financial Services Industry Meeting
2025 – Strengthening a Stable & Inclusive
OJK Jakarta 11 February 2025
Financial Sector to Support National Priority
Programs
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Hotel
BOD Offsite meeting Internal 12 March 2025
Dharmawangsa
Sentral
Bionic Squad Competition (as Judge) Internal 19 March 2025
Senayan 3
Sentral
AGM Internal 11 April 2025
Senayan 3
Sentral
BRP (Big Room Planning) Internal 29 April 2025
Senayan 3
Sentral
M25+ Quarterly Business Review Internal 8 May 2025
Senayan 3
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Maybank Academy -
Mentoring Masterclass for Mentors Online 16 July 2025
Malaysia
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Bionic Tiger - Dir. Risk Internal 25-26 July 2025
Senayan 3
Risk Strategy
ABRW 2025 – GR CRO Online 31 July 2025
Maybank - Malaysia
BOC Offsite Meeting Internal Bogor 1-2 August 2025
Sustain Event Internal Bali 21 August 2025
MMB Internal Bali 22-23 August 2025
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
Group Risk Finance – Sentral
Group Risk Townhall 11 September 2025
Maybank Malaysia Senayan 3
Sentral
Senior Leaders’ Engagement – M30 Internal 19 September 2025
Senayan 3
Sentral
Global CR Day Internal 27 September 2025
Senayan 3
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Enterprise Crisis Simulation Exercise (ECSE) 2025 Internal Wisma Kodel 18 October 2025
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Business Alignment Meeting Q4 Internal Wisma Kodel 23-24 October 2025
Maybank Indonesia Staff Townhall Q3/Financial
Internal Online 5 November 2025
Results
Maybank Group Staff Townhall Internal Online 21 November 2025
Ritz Carlton
Dialog Akhir Tahun antara Anggota Dewan
Hotel Mega
Komisioner dan Industri Jasa Keuangan Tahun OJK 4 December 2025
Kuningan
2025
Jakarta
Workshop Business Banking 2025 – Uphold the Sentral
Internal 5 December 2025
Energy 2026 Senayan 3
Sentral
BOD Roadshow Regional JKT 2 Internal 18 December 2025
Senayan 3
Ricky Antariksa Sentral
Agile Leadership for Strategic Impact Training Deloitte 17 January 2025
Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
ESG Champion Kick Off Internal 24 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Guru Series: Step Into The Future with AI Sentral
Internal 7 March 2025
Transformation Senayan 3
Carbon Share &
Sentral
Industrial Update – Solar Energy Energy & Industry 17 April 2025
Senayan 3
Climateworks Center
Sentral
Conglomeration Leadership Workshop Deloitte 23 April 2025
Senayan 3
Maybank Indonesia Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
MEPC Finale Day Maybank Group 20 June 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
Golden Agri Sentral
Industrial Update - Agribusiness 23 September 2025
Resources Senayan 3
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
- Chery Indonesia
Sentral
Industrial Update - EV - Maka Motors 25 November 2025
Senayan 3
Indonesia
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Board of Directors Training Programme
Name Training Name Organizer Location Date
Yessika Effendi Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Refreshment SMR J7 BOD IBI BCC Online 25 March 2025
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
MEPC Finale Day Maybank Group 20 June 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Maybank ECSEbersamaan LCP&RCP Test 2025 Internal Wisma Kodel 18 October 2025
Bianto Surodjo Sentral
New Year Town Hall 2025 Internal 7 January 2025
Senayan 3
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
ESG Champion Kick Off Internal 24 January 2025
Senayan 3
Hotel Pullman
Mortgage Business Strategy & Motivational 25 Internal Ciawi Vimala 6-7 February 2025
Hills, Bogor
Hotel Pullman
Seminar Executive Proficiency Program & Basic
APPI Thamrin, 26 February 2025
Finance Certification
Jakarta
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Maybank Private Singapore - Market Outlook 2025 Maybank Private
Hotel Mulia 20 March 2025
Seminar Singapore
ASEAN Fintech Forum & Awards 2025 Asean Fintech Hotel Mulia 20 May 2025
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Strategy Session (Part I) – Future Outlook of Royal Tulip
Internal 01 August 2025
Indonesia Banking by BCG Hotel Bogor
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
Sentral
MBI Leaders Workshop 2025 Experd & Kolonel Desi 29 September 2025
Senayan 3
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Maybank ECSEbersamaan LCP&RCP Test 2025 Internal Wisma Kodel 18 October 2025
IMD Campus 10-12 November
Executive Presence Programme Singapore
Singapore 2025
Sentral
GWM ID Business Planning 2026 Group WM Singapore 25 November 2025
Senayan 3
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 495
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Board of Directors Training Programme
Name Training Name Organizer Location Date
Bambang Andri Sentral
Agile Leadership Training Internal 17 January 2025
Irawan Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
8-12 September
AI Strategy & Leadership Programme University of Oxford Oxford
2025
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
MBI Leaders Workshop 2025 Internal Bandung 29 September 2025
Sentral
Refreshment SMR J7 BOD IBI BCC 28 August 2025
Senayan 3
Romy Sentral
New Year Town Hall 2025 Internal 7 January 2025
Hardiansyah Senayan 3
Sentral
Agile Leadership Training Deloitte 17 January 2025
Senayan 3
Media Handling Training For BOD Maverick Bandung 22 January 2025
Sentral
ESG Champion Kick Off Internal 24 January 2025
Senayan 3
Sentral
Lite Agile Showcase & Awards Day 2025 Internal 6 February 2025
Senayan 3
Sentral
Guru Series: AI Transformation Internal 7 March 2025
Senayan 3
Leaders Bootcamp 2025 SeskoAD Bandung 13-15 June 2025
Sentral
MEPC Finale Day Maybank Group 20 June 2025
Senayan 3
Sentral
Budget & Strategy 2026 Preliminary Workshop Internal 21 July 2025
Senayan 3
Sentral
Training Ref SMR J7 BOD Asbisindo 09 September 2025
Senayan 3
MBI Leaders Workshop 2025 Experd & Kolonel Desi Bandung 29 September 2025
Sentral
AML CFT PF and ABC Training for BOD-BOC Internal 17 October 2025
Senayan 3
496 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
CONCURRENT POSITION OF THE BOARD OF DIRECTORS
No Name of The Board of Directors Positions in Ban Positions Outside Bank Company/Agency/Organization
1 Steffano Ridwan President Director - -
2 Shaiful Adhli Yazid Director - -
3 Irvandi Ferizal Director - -
4 Effendi Director - -
5 Widya Permana Director - -
6 Ricky Antariksa Director - -
7 Bambang Andri Irawan Director - -
8 Yessika Effendi Director - -
9 Romy Hardiansyah Director - -
10 Bianto Surodjo Director Commissioner PT Maybank Indonesia Finance
(a non-bank subsidiary
controlled by the Bank)
DUTIES AND RESPONSIBILITIES OF MEMBERS OF 8. The Board of Directors prepares and submits an
THE BOARD OF DIRECTORS Annual Work Plan, including the Annual Budget, to
The duties and responsibilities of members of the Board of the Board of Commissioners for approval before the
Directors include the following: start of the new financial year in accordance with
1. The Board of Directors is fully responsible for the applicable regulations.
management and development of the Bank's business 9. The Board of Directors establishes the Bank's
and risk management in a professional manner, while organizational structure, including descriptions of
continuously prioritizing the principles of banking duties, authorities, and responsibilities, and ensures
prudence and good governance in all business optimal resource management.
activities at every level of the organization. 10. The Board of Directors discloses strategic employment
2. The Board of Directors manages the Bank in policies through easily accessible media, determines
accordance with the authority stipulated in the Articles remuneration considering the Bank's conditions and
of Association and is guided by applicable laws and capabilities as well as peer group practices, and
regulations in Indonesia. provides a clear career path for employees.
3. Each member of the Board of Directors is required 11. Each member of the Board of Directors is jointly and
to carry out their duties in good faith, with full severally liable for any losses the Bank may incur due
responsibility and prudence. to errors or negligence in the performance of their
4. In managing the Bank, the Board of Directors is duties, unless they can prove that:
required to hold an Annual General Meeting of • The loss was not caused by his/her own fault or
Shareholders (GMS) and other GMS in accordance negligence;
with the provisions of laws and regulations and the • He/she has carried out management in good faith,
Articles of Association. with full responsibility and prudence in accordance
5. The Board of Directors is accountable for the with the Bank's purposes and objectives;
implementation of its duties and responsibilities to • He/she has no conflict of interest, either directly or
shareholders through the GMS. indirectly, in the actions that gave rise to the loss;
6. The Board of Directors has the authority to represent and
the Bank in and outside the court in all matters and • He/she has taken steps to prevent the occurrence
events, including binding the Bank with other parties or continuation of the loss.
and carrying out actions related to management 12. To support the effective implementation of its duties,
and ownership, while still paying attention to the the Board of Directors has established Board-level
restrictions as stipulated in the Articles of Association. committees in accordance with regulatory provisions,
7. The Board of Directors develops business strategies including the Risk Management Committee, Internal
aligned with the Bank's vision and mission as outlined
in the Annual Bank Business Plan and conducts regular
monitoring of its implementation.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 497
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Audit Committee, Assets & Liabilities Management CRITERIA FOR APPOINTMENT OF THE BOARD OF
(ALCO) Committee, Information Technology Steering DIRECTORS
Committee, and Integrated Risk Management The appointment of members of the Bank's Board of
Committee. In addition, the Bank has established Directors and Board of Commissioners is based on
other supporting committees as needed, such as the relevant provisions, including:
Credit Committee, Credit Restructuring Committee, • OJK Regulation No. 17 of 2023 concerning Governance
Impairment Committee, Human Capital Committee, of Commercial Banks;
and Personnel Committee. These committees are • OJK Circular Letter No. 14/SEOJK.03/2025 concerning
established based on a resolution of the Board Implementation of Governance for Commercial Banks;
of Directors, with their respective duties and • OJK Circular Letter No. 33/POJK.04/2014 concerning the
responsibilities stipulated in internal regulations, and Board of Directors and Boards of Commissioners of
their performance is evaluated at the end of each Issuers and Public Companies;
financial year. • OJK Circular Letter No. 27/POJK.03/2016 concerning Fit
13. The Board of Directors has established an Internal and Proper Tests for Key Persons of Financial Services
Audit Unit (SKAI), a Risk Management Unit (SKMR), and Institutions;
a Compliance Unit to support the implementation of • OJK Circular Letter No. 39/SEOJK.03/2016 concerning
its duties and responsibilities. Fit and Proper Tests for Prospective Controlling
14. In carrying out its duties, the Board of Directors does Shareholders, Prospective Members of the Board of
not use individual advisors and/or professional Directors, and Prospective Members of the Board of
consultants except for special projects based Commissioners of Banks;
on a clear contract regarding the scope of work, • OJK Circular Letter No. 34/POJK.03/2018 concerning
responsibilities, timeframe, and costs, and carried out Reassessment for Key Parties in Financial Services
by an independent and competent party. Institutions; and
15. In accordance with the Internal Audit Professional • Other related regulations.
Standards, the Board of Directors is responsible for
creating an adequate internal control structure, The criteria that must be met by prospective members
ensuring the internal audit function operates at of the Maybank Indonesia Board of Directors include the
all management levels, and following up on audit following:
findings in accordance with the policies and directives 1. Meets the relevant skills and core competency
of the Board of Commissioners. requirements and is deemed capable and appropriate
16. The Board of Directors is required to effectively follow to be appointed as a member of the Board of Directors
up on all findings and recommendations from internal in accordance with the Financial Services Authority
audits, external auditors, and the results of supervision Regulation concerning the Fit and Proper Test;
by Bank Indonesia, the Financial Services Authority, 2. Meets the integrity requirements in accordance with
and/or other authorities. applicable requirements, including:
17. The Board of Directors implements the Charter, Code a. Possesses good moral character.
of Ethics, and Code of Conduct applicable in the Bank, b. Possesses a strong commitment to complying with
including binding provisions regarding the handling of applicable laws and regulations, including Bank
conflicts of interest. provisions and regulations, and supports Financial
18. The Board of Directors ensures the accuracy, quality, Services Authority policies.
and accuracy of reports and financial data presented c. Possesses a commitment to developing sound
for internal and external purposes in accordance with Bank operations.
applicable regulations. d. Is not included on the List of Those Not Passing the
19. The Board of Directors is required to provide all Fit and Proper Test.
information required by the Board of Commissioners e. Is competent to perform legal acts.
to carry out its supervisory function. 3. Meets the relevant skills and core competency
20. The Board of Directors is responsible for all information requirements and is deemed capable and appropriate
regarding the Bank that is disclosed to the public to be appointed as a member of the Board of Directors
through the Corporate Secretary. and Board of Commissioners in accordance with the
21. The Board of Directors is responsible for implementing Financial Services Authority Regulation concerning the
the Bank's social responsibility program. Fit and Proper Test.
22. The Board of Directors carries out other duties 4. Meets the Competency Requirements in accordance
and responsibilities as stipulated in the Articles with the requirements stipulated in applicable
of Association, laws and regulations, as well as regulations, including:
resolutions of the GMS, Board of Directors Meetings, a. Adequate banking knowledge relevant to the
and the Company's internal provisions. position.
b. Experience and expertise in banking and/or
finance, and
498 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
c. Ability to conduct strategic management for the 9. The majority of members of the Board of
development of a healthy Bank; Commissioners and the Board of Directors are
d. Knowledge of the duties and responsibilities of the prohibited from having familial relationships up to
Main Entity, as well as an understanding of the core the second degree with other members of the Board
business activities and key risks of the Financial of Commissioners and/or members of the Board of
Services Institution (FSI) within the Bank Financial Directors.
Conglomerate.
e. Personal skills, including a good reputation, CONFLICT OF INTEREST POLICY FOR THE BOARD
strong leadership skills, and an extensive network, OF DIRECTORS
particularly within the financial industry, as well Throughout 2025, the Bank ensured that all members
as the ability to foster good relationships with of the Board of Directors had no conflicts of interest or
regulators. potential conflicts of interest with Maybank Indonesia. This
5. Financial Reputation Requirements include: is in line with the Board of Directors' commitment to avoid
a. Does not have any non-performing loans and/ potential conflicts of interest.
or is not a Controlling Shareholder, member of
the Board of Directors, or member of the Board In the event of a conflict of interest, members of the Board
of Commissioners of a legal entity with non- of Directors are prohibited from taking actions that could
performing loans; harm or reduce the Bank's profits and are required to
b. Has not been declared bankrupt or been a disclose the potential conflict of interest in every decision.
member of the Board of Directors or a member of
the Company found guilty of causing a company Any decision regarding a transaction that has a conflict of
to be declared bankrupt within the last 5 (five) interest toward the Board of Directors must be made at an
years prior to nomination; Extraordinary General Meeting of Shareholders specifically
c. Has not been convicted of a crime that caused convened for that purpose, attended by independent
financial losses to the state and/or is related to the shareholders or shareholders who do not have a
financial sector. conflict of interest in the transaction, in accordance with
d. Has not been a member of the Board of Directors applicable capital market laws and the regulations of the
and/or a member of the Board of Commissioners Stock Exchange where the Company's shares are listed.
who, during their term of office:
i. Has failed to hold an Annual General Meeting of In accordance with the Bank's Articles of Association, in
Shareholders; case all members of the Board of Commissioners have a
ii. Has caused a company that has obtained conflict of interest and none can be appointed to chair the
a permit, approval, or registration from the General Meeting of Shareholders, it will be chaired by a
Financial Services Authority to fail to fulfill its member of the Board of Directors appointed by the Board
obligation to submit an annual report and/or of Directors. In case a member of the Board of Directors
financial statements to the Financial Services appointed by the Board of Directors to chair the meeting
Authority; has a conflict of interest regarding a matter to be decided
iii. Has never had their accountability as a at the General Meeting of Shareholders, the General
member of the Board of Directors and/or Meeting of Shareholders will be chaired by a member of
a member of the Board of Commissioners the Board of Directors who does not have a conflict of
accepted by the General Meeting of interest.
Shareholders, or has never provided
accountability as a member of the Board of LOAN PROVISION POLICY FOR THE BOARD OF
Directors and/or a member of the Board of DIRECTORS
Commissioners to the General Meeting of The Bank provides loans to the Board of Directors under
Shareholders. normal pricing policies and terms, as it does to parties
6. The majority of members of the Board of Directors unrelated to the Bank. Loans by the Board of Directors will
must have at least 5 (five) years of experience in be counted towards Maybank Indonesia's Legal Lending
banking operations. Limit in accordance with POJK No. 32/POJK.03/2018
7. Domiciled in Indonesia. concerning Legal Lending Limits and Large Exposures
8. Not serving as members of the Board of Directors, Provisions for Commercial Banks. If applicable, they are
the Board of Commissioners, or Executive Officers at implemented at arm's length and in accordance with
other companies, except as stipulated by applicable market prices.
regulations.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 499
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06 / G O O D C O R P O R A T E G O V E R N A N C E
BOARD OF DIRECTORS SELECTION PROCESS BOARD OF DIRECTORS MEETINGS
Every proposal for the appointment and/or replacement 1. Board of Directors meetings must be held periodically
of members of the Board of Directors at the General at least once a month and/or may be held at any time
Meeting of Shareholders (GMS) shall consider the deemed necessary by the President Director or one
recommendations of the Nomination and Remuneration or more other members of the Board of Directors, or
Committee. In the candidate search process, Maybank at the request of one or more members of the Board
Indonesia may use the services of a professional search of Commissioners, or at the written request of one or
firm or other external sources, if necessary. more shareholders who together represent 1/10 (one-
tenth) of the total number of shares with valid voting
The Nomination and Remuneration Committee rights.
shall conduct the selection process and provide 2. The Board of Directors must hold joint Board of
recommendations for candidates deemed most suitable Directors meetings with the Board of Commissioners
to serve as members of the Board of Directors. The periodically at least once every four months.
Committee shall ensure that proposed candidates meet 3. The Board of Directors must schedule Board of
the relevant competency, experience, and qualification Directors meetings and meetings held jointly with the
criteria and are deemed to have integrity and suitability in Board of Commissioners for the following year before
accordance with the provisions of the Financial Services the end of the financial year.
Authority (OJK) Regulation on the Fit and Proper Test. 4. Notices for Board of Directors Meetings shall be issued
by the President Director or a member of the Board of
The recommendations of the Nomination and Directors, the Corporate Secretary, or the Head of the
Remuneration Committee, upon approval by the Board Corporate Secretary Work Unit.
of Commissioners, shall be submitted to the GMS for 5. Notices for Board of Directors Meetings held jointly with
shareholder approval and processed through the OJK's the Board of Commissioners must also be delivered
Fit and Proper Test mechanism. In accordance with to each member of the Board of Commissioners with
OJK Regulations, the effective date of appointment of the same terms and conditions as referred to in this
members of the Board of Directors is the date of approval Article.
from the OJK, although the GMS may be held before such 6. The Board of Directors meeting is chaired by the
approval is obtained. The appointment of members of the President Director. In the event that the President
Board of Directors must be reported to the OJK no later Director is unable to attend or is prevented from
than 10 (ten) days from the effective date. attending, which does not need to be proven to a third
party, the Board of Directors meeting will be chaired by
Candidates for members of the Board of Directors one of the Directors selected by the members of the
who are still awaiting OJK approval shall refrain from Board of Directors who are present and/or represented
discharging their duties and authorities as Directors, at the Board of Directors meeting.
including in operational activities or decision-making 7. A Board of Directors meeting is valid and has the
that have significant impacts on the Bank's policies and right to make binding resolutions if more than 1/2
financial condition, even if approved by the GMS. (one-half) of the total number of members of the
Board of Directors currently in service are present or
BOARD OF DIRECTORS ORIENTATION represented at the meeting.
PROGRAM 8. Resolutions at a Board of Directors meeting must
The Bank has an orientation program for its newly be made by deliberation to reach consensus. In the
appointed members of the Board of Directors, as event that a decision based on deliberation to reach
stipulated in the Board of Directors' charter and work consensus is not reached, it will be made by voting
procedures. This orientation program aims to provide based on the affirmative votes of more than 1/2 (one-
members of the Board of Directors with comprehensive half) of the total number of members of the Board of
insight into the Company in a relatively short period, Directors currently in service.
enabling them to perform their duties and responsibilities 9. Minutes of a Board of Directors meeting are prepared
effectively and efficiently. The Bank ensures that every by the Corporate Secretary or the Head of the
newly joined member of the Board of Directors of Maybank Corporate Secretary Work Unit and must then be
Indonesia has attended and completed this orientation submitted to all members of the Board of Directors.
program. 10. The Board of Directors may also make valid and
binding decisions without holding a Board of Directors
meeting, provided that all members of the Board of
Directors currently in service give their approval by
signing the proposed resolution (Circular Resolution).
A Circular Resolution has the same force as a decision
legally taken at a Board of Directors meeting.
500 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
11. Minutes of a Board of Directors meeting state the physical attendance of each member of the Board of Directors and
their attendance by teleconference/telepresence. Attendance at teleconference/telepresence meetings must be
accompanied by an audio/visual recording of the meeting.
12. Minutes of the Board of Directors Meeting must accurately record the decisions taken and the views of relevant
members of the Board of Directors, including in the event of dissenting opinion.
Attendance of Directors in Board Meetings During 2025
Board of Directors
Date
SR IF EH WP RA BAI YE SAY RHB BS
1 13 January 2025 √ √ √ √ √ √ √ √ A √
2 23 January 2025 √ C √ √ A √ √ √ √ √
3 30 January 2025 √ √ √ √ √ √ √ √* C √
4 3 February 2025 √ √ √ √ √ √ √ √* √ √
5 10 February 2025 √ √ √ √ √ √ √ C √ √
6 19 February 2025 √ √ √ √ √ √ √ C √ √
7 24 February 2025 √ √ √ √ √ √ √ C √ √
8 3 March 2025 √ √ √ C √ C √ √ √ √
9 10 March 2025 √ √ √ √ √ √ √ √* √ √
10 18 March 2025 √ √ √ √ √ √ √ √ √ √
11 24 March 2025 C √ C √ √ √ √ √ √ C
12 9 April 2025 √ √ √ C √ √ √ √ √ √
13 16 April 2025 √ √ √ √ √ √ √ √ √ √
14 21 April 2025 √ √ √ √ √ √ √ √ √ √
15 28 April 2025 √ √ √ √ C √ √ √ √ √
16 5 May 2025 √ √ √* √ √ C √ √* √ √
17 14 May 2025 √ √ √ √ √ √ √ √ C √
18 19 May 2025 √* √ √ √ √ √ √ √ C √
19 26 May 2025 √ √ √ √ √ √ √* √* C √
20 2 June 2025 √ √ C √ √ C √ √ √ √
21 10 June 2025 √ A √ √ A √ √ √* √ √
22 16 June 2025 √* √ √ √ √ √ √ √ √ √
23 24 June 2025 A √ √ √* √ √ A √* √ √
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 501
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Attendance of Directors in Board Meetings During 2025
Board of Directors
Date
SR IF EH WP RA BAI YE SAY RHB BS
24 30 June 2025 C √ C √ √ √ C √* √ √
25 7 July 2025 √ √ √ √ √ √ C C √ √
26 14 July 2025 √ √ √ √ √ √ C √ √ √
27 28 July 2025 √* √ √ √ √ √ √ C √ √
28 4 August 2025 √ √ √ √ √ √ √ √ √ √
29 11 August 2025 √ √ √ C √ √ √ √ √ √
30 1 September 2025 √ √ √ √ √ C √* √ √* √
31 8 September 2025 √ √ √ √ C A √ √ A √
32 15 September 2025 √ √ √ √ C C √ √ √ √
33 22 September 2025 √ √ √ √ √ √ √ √ √ √
34 30 September 2025 √ √ √ √ √ √ √ A √ C
35 6 October 2025 √ √ √ √ √ A √ √* √ √
36 13 October 2025 √ √ √ √ √ √ √ √ A √
37 20 October 2025 √ √ √ √ √ √ √ √ √ √
38 27 October 2025 A C √ √ √ √ √ √ √ √
39 4 November 2025 √ √ √ √ √ √ √ C A √
40 10 November 2025 √ √ √ √ √ √ √ √* √ A
41 18 November 2025 √ √ √ √ √ √ √ √ A A
42 24 November 2025 C √ √ √ A √ √ √* √ √
43 1 December 2025 √* √ √ √ √ √ √ C A √
44 8 December 2025 √ √ √ √ √ √ √ C √ √
45 15 December 2025 √ √ √ √ √ C √ √ √ √
Total 45 45 45 45 45 45 45 45 45 45
Attend 40 42 42 42 39 37 41 36 35 41
Absent 11% 7% 7% 7% 13% 18% 9% 20% 22% 9%
Percentage 89% 93% 93% 93% 87% 82% 91% 80% 78% 91%
All the Board of Directors was attend the Board of Directors' Meeting 87.7% in 2025
Note:
√ Attending physically
√* Attending via Teleconference
A Absent / Unable to Attend
C Leave
SR - Steffano Ridwan | IF - Irvandi Ferizal | EH - Effendi | WP - Widya Permana | RA - Ricky Antariksa | BAI - Bambang Andri Irawan |
YE - Yessika Effendi | SAY - Shaiful Adhli Yazid | RH - Romy Hadriansyah | BS - Bianto Surodjo
502 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
Agenda of the Board of Directors Meetings 2025
No Date of Meeting Agenda of the Board of Directors Meetings
1 13 January 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 16 December 2024, and 30 December 2024
2. Maybank Indonesia (MBI) FY2024 Risk & Compliance Culture Survey
3. Branch Renovation Update
4. Funding and Liquidity Update
5. CFS Update
6. Mortgage FTP
7. Sales Service Award 2025
8. Operational Capability Strengthening Program
9. Compliance Update
10. Syariah 2025 Initiatives
11. Audit Result Update
2 23 January 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 13 January 2025
2. Collaboration Strategy - Sister Company for 2025
3. Funding and Liquidity Update
4. Collaboration Strategy for Etiqa International Indonesia Insurance (EII) for 2025
5. Anti-Fraud Update
3 30 January 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 23 January 2025
2. Funding and Liquidity Update
3. Strategic IT Initiatives
4. Budget Approval for Internal Enhancement and Regulatory Requirements
5. MBI Asset Collateral Update
6. Board Operational Update
4 3 February 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 30 January 2025
2. - Update on Funding and Liquidity
- CFS Update
- Group Investment Management Framework in MBI
3. Sustainability Report 2024 Update
5 10 February 2025 1. CEO and BOD KPI Discussion
2. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 3 February 2025
3. Improvement of the Anti-Bribery and Gratification Policy
4. Bank & LoB Performance Update
5. Funding and Liquidity Update
6. Improvement of the Quality and Integrity of Financial Reporting
6 19 February 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 10 February 2025
2. Shariah Business Unit Discussion
3. Shariah Supervisory Update for Semester 2 of 2024
4. Funding and Liquidity Update
5. Regional Performance Update
6. Transaction Banking Update
7. Customer Experience Update
8. eKYC Process Update
9. FY25 Digital SME Delivery Plan
10. Sustainability Report 2024 Structure and Materiality Topics
7 24 February 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 19 February 2025
2. Digital 2025 Initiatives
3. Matters Arising Follow-Up
4. Funding and Liquidity Update
5. Profit Allocation Planning for Strategic Initiatives
6. Cross-Border Financing Project
8 3 March 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 24 February 2025
2. Maybank Indonesia Finance General Meeting of Shareholders Update
3. Funding and Liquidity Update
4. Structural Thrust Initiatives (Balance Sheet Optimization Project) Update
5. Development of a Financial Services Platform for Strategic Partner Organizations
6. Sustainability Emission Reduction Project (AC Inverter)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 503
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Agenda of the Board of Directors Meetings 2025
No Date of Meeting Agenda of the Board of Directors Meetings
9 10 March 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 3 March 2025
2. UUS Update
3. Human Capital Update
4. IT Update
5. Matters Arising Follow-Up
6. Policy and Procedure Update
7. Funding and Liquidity Update
8. ALM Operating Model Initiatives Update
10 18 March 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 10 March 2025
2. - Funding and Liquidity Update
- Approval of the Long-Term Funding Strategy
3. Regional iBaaS Commercial Model
4. Development of Automotive Supply Chain Financing
5. Chapter Assessment Template (CAT) Refinement Process (SP7)
6. Low-Code Platform Plan & Cost Update
7. Legal Case Update
11 24 March 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 18 March 2025
2. Net Promoter Score (NPS) Results for 2024
3. Funding and Liquidity Update
4. Budget Approval
5. HC and PPVR Update
6. SAP Upgrade Project
7. MBI India Branch Audit Results
8. Sustainable Internal Control System Improvement Update
9. Batch Process, Activities, and Preparations During the 2025 Eid al-Fitr Holiday
12 9 April 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 24 March 2025
2. Update on MBI Overhead Costs as of March 2025
3. MBI Asset Liquidity Management and Sustainability Update
4. - Funding and Liquidity Update
- Approval of the Issuance of a Continuous Public Offering
5. Matters Arising Follow-Up
6. GB Update
13 16 April 2025 1. Approval of the minutes & outstanding matters from BOD Meeting held on 9 April 2025
2. Legal Case Update
3. Employee Engagement Survey (EES) 2024 Result
4. Strategic IT Initiatives
5. Funding and Liquidity Update
6. Update on Anti-Bribery & Corruption Q1 2025
14 21 April 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 16 April 2025
2. Funding and Liquidity Update
3. Group Digital Strategy
4. Internal Regulatory Governance Update
15 28 April 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 21 April 2025
2. Funding and Liquidity Update
3. Submission of Follow-Up Results on the Board of Directors' Notes dated 9 April 2025: Cost Competition
2025
16 5 May 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 28 April 2025
2. Funding and Liquidity Update
3. Conglomeration Corporate Plan
4. Quarterly Business Review - Strategic Transformation Office
5. Scorecard Mapping Key Performance Indicators (KPIs)
17 14 May 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 5 May 2025
2. Strategic Transformation Office - Project Proposal
3. IT Group Audit Update
4. FI and Funding and Liquidity Update
18 19 May 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 19 May 2025
2. - Funding and Liquidity Update
- CASA Strategy Update
- CASA and Digital Update
3. Customer Experience Update
4. Branch Update
504 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Agenda of the Board of Directors Meetings 2025
No Date of Meeting Agenda of the Board of Directors Meetings
19 26 May 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 19 May 2025
2. Risk & Compliance Culture Survey (RCCS) 2025
3. Banker's Blanket Bond (BBB) Insurance Update
4. Funding and Liquidity Update
6. Approval of Procurement of External Consultant Services
7. Matters Arising Follow-Up.
20 2 June 2025 1. Legal Case Update
2. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 26 May 2025
3. Funding and Liquidity Update
4. STIP Transaction Limits Update
5. Compliance Plan Self-Assessment (CPSA)
6. SME Update
21 10 June 2025 1. Legal Case Update
2. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 2 June 2025
3. Funding and Liquidity Update
4. M30 Strategy Update
5. Strategic IT Initiatives
6. BOC Offsite Meeting Preparation
22 16 June 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 10 June 2025
2. Interim Audit of Financial Statements
3. Funding and Liquidity Update
4. BI Fast Feature Roadmap
5. M2E Transaction Update
6. MBI Marketing & Go-to-Market Strategy
7. Alignment of Operational Plans with Market Dynamics
8. 2025 Digital Initiative Update
23 24 June 2025 1. National Anti-Fraud Update
2. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 16 June 2025
3. Transaction Limits for M2U and M2E
4. Funding and Liquidity Update
5. Global Banking Update - Client Coverage and Syndication
6. Sharia Strategy Update
7. Budget Proposal 2026
8. External Consultant Proposal
9. Custodian Service Proposal
24 30 June 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 24 June 2025
2. Funding and Liquidity Update
3. Strategic IT Initiatives
4. IT License Renewal Proposal
5. Office Transformation Strategy Update
6. Regulatory Inspection Results
25 7 July 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 30 June 2025
2. EY Limited Review Results 2025
3. Funding and Liquidity Update
4. Update on the Sale of MBI's Abandoned Property Assets
5. Update on Banker's Blanket Bond (BBB) Insurance
6. New Product Banking towards the Agile Framework
7. BAU-Led Initiatives Progress Update
26 14 July 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 7 July 2025
2. Funding and Liquidity Update
3. Regional Performance Review and Bankwide Performance Review
4. Matters Arising Follow-Up from the 24 June 2025 Meeting: MBI Bankwide Cost Optimization
5. M2U transaction review
7. Agile Open Day Update
27 28 July 2025 1. ICOFR Implementation Kick-Off Meeting
2. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 14 July 2025
3. Funding and Liquidity Update
4. M2U Transaction Assessment
5. Strategic IT Initiatives
8. Maybank Marathon 2025 Update
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 505
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Agenda of the Board of Directors Meetings 2025
No Date of Meeting Agenda of the Board of Directors Meetings
28 4 August 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 28 July 2025
2. Funding and Liquidity Update
3. Mortgage Business Update
4. Maybank Marathon 2025
5. Maybank Indonesia National Customer Day 2025 Activities
29 11 August 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 4 August 2025
2. - Funding and Liquidity Update
- Approval of MTF Extension
3. Productivity Dashboard
4. Custodian Business Update
5. MBI Nostro Account Update
6. BAU-Led Initiatives Progress Update
7. Global Access
8. iBaaS Fraud Monitoring & Authorization Procedure
9. Results of the Sharia Review of the Sharia Supervisory Board for Semester 1, 2025
10. Internal Regulation Update
11. Litigation Update
30 1 September 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 11 August 2025
2. Intro to Pashouses by Maybank Venture
3. Funding and Liquidity Update
4. Cost Control Update YTD July 2025
5. Company Asset Purchase Proposal
6. Matters Arising Follow-Up: Submission of Follow-Up Results on the Board of Directors' Notes dated 28
July 2025: Centralization of Cooperation Agreements with Third Parties
7. Submission of Follow-Up Results on the Board of Directors' Notes dated 16 June 2025: BI Fast Feature
8. RRWA Model Review
9. BAU-Led Initiatives Progress Update
10. Update on the Board of Directors' Operational Vehicles
31 8 September 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 1 September 2025
2. - Funding and Liquidity Update
- Submission of Follow-up Results on the Board of Directors' Notes dated 11 August 2025: Review of
Fixed Rate Interest Adjustments for SME Banking Debtors
3. Update on Banker's Blanket Bond (BBB) Insurance
4. IT Update
5. Legal Case Update
6. Approval Process via Microsoft Office 365
32 15 September 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 8 September 2025
2. Brand Equity Performance 2025 by Brand Finance
3. OJK Audit Results. Update
4. Global CR Day 2025
5. Funding and Liquidity Update
6. BAU-Led Initiatives Progress Update
33 22 September 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 15 September 2025
2. Matters Arising Follow-Up
3. Funding and Liquidity Update
4. Matters Arising Follow-Up: Mortgage Pricing Analysis
5. Mortgage Update
6. Business Alignment Meeting 2025
7. Subsidiary Business Update - M30 Strategy
8. Financial Conglomerate Synergy
34 30 September 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 22 September 2025
2. Funding and Liquidity Update
3. Productivity Dashboard
4. Sister Company Update - Maybank Sekuritas Indonesia
35 6 October 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 30 September 2025
2. Funding and Liquidity Update
3. Post-Event Review of Maybank Marathon 2025
4. New Queuing Management System Project
5. FY26 Annual Business Plan (ABP)
6. Legal Case Update
7. Update on M2U transaction future dates (Standing Instruction/SI)
506 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Agenda of the Board of Directors Meetings 2025
No Date of Meeting Agenda of the Board of Directors Meetings
36 13 October 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 30 September 2025
2. Funding and Liquidity Update
3. Post-Event Review of Maybank Marathon 2025
4. New Queuing Management System Project
5. FY26 Annual Business Plan (ABP)
6. Legal Case Update
7. Update on M2U transaction future dates (Standing Instruction/SI)
37 20 October 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 13 October 2025
2. Indonesia Strategy Update
3. Sister Company - M30 Business Plan
38 27 October 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 20 October 2025
2. - Funding and Liquidity Update
- Sharia Cost of Funds
3. FY26 Annual Business Planning (ABP)
4. Update on SAP Upgrade
5. Financial Conglomeration Update
39 4 November 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 27 October 2025
2. Funding and Liquidity Update
3. Electronic Data Retention
4. Update on the Progress of ICOFR Implementation at MBI
5. Sister Company Update - Maybank Sekuritas Indonesia (MSI) M30 Business Plan
6. National Anti-Fraud Update
7. Long-Term Corporate Strategy
40 10 November 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 4 November 2025
2. Funding and Liquidity Update
3. Supplier Financing Switching Settlement
4. NTB Syariah Product Update M2U
5. Cooperation Agreement Centralization
41 18 November 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 10 November 2025
2. Funding and Liquidity Update
3. Bank Business Plan (RBB) for the 2026-2028 Period and Sustainable Finance Action Plan (RAKB) for the
2026-2030 Period
4. Data Leakage Prevention
5. Update on Maybank Cycling Ilfestino 2025
6. Account Opening with Third-Party CDD via API Integration
7. Regional iBaaS Showcase
8. Project Update
9. Branch Property Update
42 24 November 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 18 November 2025
2. - Funding and Liquidity Update
- Property Collateral Assessment Period
3. Approval of General Insurance 2026 and D&O Insurance 2026
4. - Branch Strategy 2026
- Sales & Service Summit Award (SSSA) 2026
5. Global Access – Multicurrency Savings Account
6. Corporate Website Revamp
43 1 December 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 24 November 2025
2. Funding and Liquidity Updates
3. Adjustment of the Financing Approval Authority Framework
4. Regional Cards Platform Cost Allocation to MBI
5. 2025 Compliance Self-Assessment (CPSA) Report
6. Company Asset Sales and Branch Renovation Update
7. 2026 Digital Initiatives and Resources
44 8 December 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-up Results on the
Board of Directors' Notes dated 1 December 2025
2. Subsidiary Business Update
3. Funding and Liquidity Update
4. M2E Enhancement Project
5. CBS Replacement Project – Staff Cost
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Agenda of the Board of Directors Meetings 2025
No Date of Meeting Agenda of the Board of Directors Meetings
45 15 December 2025 1. Approval of the Minutes of the Board of Directors' Meeting and Submission of Follow-Up Results on the
Board of Directors' Notes dated 8 December 2025
2. Update on the Progress of ICOFR Implementation at MBI
3. Funding and Liquidity Update
4. Final Showcase & iBaaS Risk Approval
5. Litigation Case Update
BOARD OF DIRECTORS' PERFORMANCE ASSESSMENT (INCLUDING PRESIDENT DIRECTOR - CHIEF
EXECUTIVE OFFICER)
Board of Directors' Performance Assessment Implementation Procedure
The Bank's strategic targets are converted into Key Performance Indicators (KPIs) that are mutually agreed upon by the
Board of Directors and distributed to all levels to create and implement work plans that align with the Bank's strategy
and mutually support the achievement of the Bank's performance targets. The agreed-upon KPIs are then compiled
into a Balanced Scorecard. The Nomination and Remuneration Committee evaluates and recommends the Board of
Directors' Balanced Scorecard to the Board of Commissioners and reviews the Board of Directors' performance based on
the approved Balanced Scorecard.
The categories used are as follows:
Category Indicator
Financials Goals that directly contribute to the company's profitability and growth.
M25+ Implementation/ Goals that contribute to process improvement and collaboration to support the M25+ strategy.
Transformation
Risk Management Goals to ensure the implementation of Risk Management effectively.
The 2025 Board of Directors' KPIs have been approved at the Board of Commissioners meeting, and the Bank's
performance is monitored periodically through financial and business performance reports presented by the President
Director, Finance Director, and Business Director at Board of Commissioners meetings.
Board of Directors' Performance Assessment Criteria
Board of Directors' performance assessments are conducted annually in an objective, measurable manner based on
the achievement of KPI targets and indicators established at the beginning of the fiscal year. This assessment applies to
all members of the Board of Directors, including the President Director.
Parties Conducting the Assessment
Parties involved in the Board of Directors' performance assessment are the President Director, the Nomination and
Remuneration Committee, and the Board of Commissioners.
Recommendations from the Assessment Result
The results of the assessment will serve as a reference in setting follow-up targets and corrective measures needed by
the Board of Directors.
508 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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PERFORMANCE ASSESSMENT OF THE BOARD • The Credit Restructuring Committee, in making credit
OF DIRECTORS' COMMITTEES decisions, is guided by the provisions of the Bank's
Credit Policy (KPB), Level 2 Credit Policy for both Global
Assessment Procedure Banking and Business Banking, Level 3 Credit Policy for
The performance of the Board of Directors' committees both Global Banking and Business Banking, as well as
is assessed at year-end. Each committee member Circular Letters (SE), applicable Bank Indonesia (BI)/
evaluates performance effectiveness using a self- OJK regulations, and relevant laws and government
assessment method. regulations.
• The Information Technology Steering Committee has
Assessment Results conducted evaluations and given recommendations
The Bank has established committees to support the on, e.g., the IT strategic plan, IT project execution,
Board of Directors' duties in running banking operations, including their cost-effectiveness in achieving planned
prioritizing prudent principles. benefits, IT policy updates, IT performance monitoring
and improvement measures, and the adequacy and
The referred committees are the Risk Management allocation of the Bank's IT-related resources.
Committee, Asset and Liability Management Committee • The Internal Audit Committee (IAC) has carried out
(ALCO), Credit Committee, Credit Restructuring duties, including ensuring that Management has
Committee, Information Technology Steering Committee, timely and effectively responded to and followed up
Internal Audit Committee, Human Capital Committee, on all audit findings and recommendations provided
Human Capital Discipline Committee, Credit/Financing by internal audit.
Policy Committee, Integrated Risk Management • The Human Capital Committee has established a
Committee, Transformation Steering Committee, and strategic direction with due consideration of Human
Joint Steering Committee. Capital policies to bring positive impacts on and
continuously improve the Bank's organizational
The committees under the Board of Directors consistently activities and human resource development.
provide second opinions and recommendations that are • The Human Capital Disciplinary Committee has
worthy of consideration before any tactical or strategic analyzed/reviewed the plan to impose sanctions on
decisions are taken and implemented. The Board of employees who commit violations or fraud, based,
Directors assessed that the committees had performed among other things, on the results of an investigation
their duties and responsibilities effectively throughout report by the Anti-Fraud Work Unit (SKAI).
2025 in accordance with applicable regulatory provisions • The Credit/Financing Policy Committee has provided
and the Bank’s internal regulations. input to the Board of Directors for the preparation of
the Bank's Credit Policy (KPB), particularly regarding
This assessment was based on several factors, including the formulation of prudential principles in credit and
the following: financing.
• The Risk Management Committee has provided • The Integrated Risk Management Committee has
recommendations and/or approvals for risk reviewed, refined, and assessed the adequacy of the
management policies, strategies, and guidelines for Integrated Risk Management framework/policy for
the implementation of the Bank and its subsidiaries. identifying, measuring, monitoring, and reporting risks,
• The Asset and Liability Management Committee as well as the effectiveness of the Maybank Indonesia
(ALCO) has provided strategic direction and ensured Financial Conglomerate (KKMBI).
tactical follow-up to create an evolving balance • The Transformation Steering Committee has directed
sheet structure. The committee has also continued and overseen the implementation of the Bank's
to maximize the Bank's profitability to achieve strategic transformation initiatives by monitoring
performance objectives within defined risk parameters progress, providing direction and recommendations
through asset and liability management. to executive units, and ensuring effective follow-up to
• The Credit Committee, in making credit decisions, is support the achievement of the Bank's transformation
guided by the provisions of the Bank's Credit Policy strategy.
(KPB), Level 2 Credit Policies (2a and 2b) for both • The Joint Steering Committee has acted as the
Global Banking and Business Banking, Level 3 Credit primary steering forum for synergy initiatives between
Policies for both Global Banking and Business Banking, banks and subsidiaries/affiliated companies, such as
Circular Letters (SE), applicable Bank Indonesia (BI)/ identifying opportunities and risks, making strategic
OJK regulations, and related laws and government decisions on issues and obstacles, aligning strategic
regulations. direction, monitoring the performance of strategic
initiatives, and building inter-entity coordination within
the group.
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AFFILIATION BETWEEN BOARD OF
COMMISSIONERS, BOARD OF DIRECTORS AND
MAJORITY/CONTROLLING SHAREHOLDERS
The Board of Commissioners and Board of Directors of The affiliation criteria referred to above refer to OJK
Maybank Indonesia have no affiliated relationships, either Regulation No. 42/POJK.04/2020 concerning Affiliated
familial or financial, with fellow members of the Board of Transactions and Conflict of Interest Transactions, as
Commissioners, Board of Directors, or Major/Controlling follows:
Shareholders. 1. Familial relationships by marriage and descent up to
the second degree, both horizontally and vertically;
However, there are Non-Independent Commissioners 2. Relationships between a party and an employee,
representing 30% (thirty percent) of the Board of Director, or Commissioner of that party;
Commissioners who have financial affiliations with the 3. Relationships between 2 (two) companies where
Bank's Controlling Shareholders. there is 1 (one) or more member of the same Board of
Directors or Board of Commissioners;
Despite these circumstances, the Board of Commissioners 4. Relationships between a company and a party that,
and Board of Directors of Maybank Indonesia consistently directly or indirectly, controls or is controlled by the
uphold the principles of integrity, independence, and company;
professionalism. There are no conflicts of interest 5. Relationships between2 (two) companies that are
that could affect their objectivity or interfere with controlled, directly or indirectly, by the same party; or
the implementation of their respective duties and 6. Relationships between a company and its Major/
responsibilities in carrying out their supervisory and Controlling Shareholder.
management functions at the Bank.
BOARD OF COMMISSIONERS
Family Relationship with Financial Relationship with
Nama BoC BoD PSP BoC BoD PSP
Yes No Yes No Yes No Yes No Yes No Yes No
Dato’ Sri Khairussaleh Ramli - √ - √ - √ - √ - √ √ -
Dr. Hendar, SE, MA - √ - √ - √ - √ - √ - √
Putut Eko Bayuseno - √ - √ - √ - √ - √ - √
Marina R Tusin - √ - √ - √ - √ - √ - √
Daniel James Rompas - √ - √ - √ - √ - √ - √
Edwin Gerungan - √ - √ - √ - √ - √ - √
Datuk Lim Hong Tat - √ - √ - √ - √ - √ √ -
Dato’ Zulkiflee Abbas Abdul Hamid - √ - √ - √ - √ - √ √ -
BOARD OF DIRECTORS
Family Relationship with Financial Relationship with
Nama BoC BoD PSP BoC BoD PSP
Yes No Yes No Yes No Yes No Yes No Yes No
Steffano Ridwan - √ - √ - √ - √ - √ - √
Irvandi Ferizal - √ - √ - √ - √ - √ - √
Effendi - √ - √ - √ - √ - √ - √
Widya Permana - √ - √ - √ - √ - √ - √
Ricky Antariksa - √ - √ - √ - √ - √ - √
Bambang Andri Irawan - √ - √ - √ - √ - √ - √
Yessika Effendi - √ - √ - √ - √ - √ - √
Romy Hardiansyah - √ - √ - √ - √ - √ - √
Shaiful Adhli Yazid - √ - √ - √ - √ - √ - √
Bianto Surodjo - √ - √ - √ - √ - √ - √
510 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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BOARD OF COMMISSIONERS AND DIRECTORS
DIVERSITY POLICY
To support the effectiveness of the supervisory duties DIVERSITY OF THE COMPOSITION OF THE
of the Board of Commissioners and the management BOARD OF COMMISSIONERS
of the Bank, Maybank Indonesia implements a policy of The composition of the Board of Commissioners has
diversity in the composition of members of the Board of met the required diversity, the diversity factor of the
Commissioners and Board of Directors. This is important composition of the Board of Commissioners, among
considering the diversity of expertise, experience, and others, consists of the following:
educational background is one of the advantages in 1. Expertise/Experience, having at least:
improving the Bank’s performance so that it can be at the a. 1 (one) member with expertise/work experience in
forefront and provide satisfaction for stakeholders. the field of economics/business/finance and/or
b. 1 (one) member with expertise/work experience in
The diversity of the composition of the Board of the field of law;
Commissioners and Directors of Maybank Indonesia c. 1 (one) member with expertise/work experience in
is regulated in the Appendix of Circular Letter of the the banking industry, and
Financial Services Authority Number 32/SEOJK.04/2015 d. 1 (one) member with expertise/work experience in
concerning Guidelines for Public Company Governance. risk management.
The appointment of the Board of Commissioners and the 2. Citizenship
Board of Directors is made by considering the experience The majority (more than 50% (fifty percent) of
and understanding of the banking industry, integrity, and members of the Board of Commissioners are
dedication of each individual in accordance with the Indonesian citizens.
needs, vision, mission, and strategy of the Bank. 3. Gender
Considering the gender diversity of the members of
The composition of the Board of Commissioners and the Board of Commissioners.
Board of Directors is a combination of characteristics 4. Age
in accordance with the needs of Maybank Indonesia, Members of the Board of Commissioners have a
including in terms of the organs of the Board of diversity of age levels.
Commissioners and Board of Directors. These 5. Independence
characteristics are reflected in the determination More than 50% (fifty percent) of the members
of expertise, knowledge, and experience required in of the Board of Commissioners are Independent
carrying out the functions and duties of the Board of Commissioners.
Commissioners and Board of Directors and supporting the
achievement of the Bank’s vision and mission to continue The term of office of an Independent Commissioner is
to grow and develop. Considering the Company’s needs as stipulated in the articles of association of Maybank
for the composition of the Board of Commissioners Indonesia and may be reappointed with due observance
and Directors of Maybank Indonesia is a positive thing, of applicable regulations. Maybank Indonesia have a term
especially regarding providing recommendations and limit of nine (9) years for Independent Commissioners
decision-making. and Non- Independent Commissioners. The provisions
regarding the term limit of nine (9) years implemented in
Diversity policy in the composition of the Bank’s Board of 2022.
Commissioners and Directors, among others:
1. Having objectivity, integrity, expertise, knowledge, DIVERSITY OF BOARD OF DIRECTORS
experience, mindset, and relevant abilities. COMPOSITION
2. Special attention to the composition and balance The composition of the Board of Commissioners has
of the Board of Commissioners and the Board of met the required diversity, the diversity factor of the
Directors. composition of the Board of Directors, among others,
3. The composition and number of the Board of consists of:
Commissioners and the Board of Directors must align 1. Expertise/Experience, having at least:
with applicable regulatory regulations. a. 1 (one) member with expertise/work experience in
4. Management of dual positions that must align with the field of economics/business/finance and/or
applicable regulatory regulations. b. 1 (one) member with expertise/work experience in
5. Other diversity in accordance with the Bank’s strategy. the banking industry, and
c. 1 (one) member with expertise/work experience in
risk management.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
2. Citizenship
The majority (more than 50% (fifty percent) of the members of the Board of Directors are Indonesian citizens.
3. Gender
Considering the gender diversity of the members of the Board of Directors.
4. Age
Members of the Board of Directors have a diversity of age levels.
5. Independence
a. The President Director is independent of the Bank’s controlling shareholder.
b. Members of the Board of Directors meet the criteria of independence in accordance with the prevailing rules and
regulations.
ACHIEVEMENT OF DIVERSITY POLICY OF BOARD OF COMMISSIONERS AND DIRECTORS
COMPOSITION
By the end of 2024, the composition of the Bank’s Board of Commissioners and Board of Directors has fulfilled the
diversity aspects mentioned above. It aligns with the Bank’s strategy, vision, and mission. In 2024, the diversity of the
composition of the Board of Commissioners and the Board of Directors was reflected in education, nationality, age, and
gender, which can be seen in the table below:
Education Level Independent Composition
of the Board of of the Board of Commissioners
Commissioners
4 persons *)
4 Affiliated
3 2025
1
4 persons
Independence
Bachelor Master Doctoral
Gender of the Board of Gender of the Board of
Education Level of the Commissioners Directors
Board of Directors
1 persons 1 persons
5 Female Female
2025 2025
4
1
7 persons 9 persons
Male Male
Bachelor Master Doctoral
Age of the Board of Age of the Board of
Nationality of Commissioners Directors
the Board of
Commissioners and
the Board of Directors 2 persons - persons
45-64 years 65-85
years
14 2025 2025
6 persons 10 persons
65-85 years 45-64
years
4
Indonesian Foreign
*) one of the members of the Board of Commissioners (non independent) is no longer affiliated.
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THE EXPERTISE OF THE BOARD OF COMMISSIONERS THE EXPERTISE OF THE BOARD OF DIRECTORS
(persons) (persons)
Corporate Governance 8 Corporate Governance 8
Strategy Planning & Business Strategy 8 Strategy Planning & Business Strategy 10
Commercial Banking 8 Commercial Banking 8
Investment Banking 7 Investment Banking 5
Asset Management 7 Asset Management 2
Islamic Banking 6 Islamic Banking 4
Insurance & Takaful 6 Insurance & Takaful 2
Accounting and Finance 7 Accounting and Finance 6
Audit 7 Audit 4
Risk Management 8 Risk Management 9
Credit Risk 8 Credit Risk 7
Legal and Compliance 6 Legal and Compliance 5
Artificial Intelligence (AI)/Innovation and Technology/Digital 6 Artificial Intelligence (AI)/Innovation and Technology/Digital 5
Sustainability 7 Sustainability 6
Organizational and Human Capital 7 Organizational and Human Capital 6
Transformation and Change Management 7 Transformation and Change Management 10
THE EXPERIENCE OF THE BOARD OF COMMISSIONERS THE EXPERIENCE OF THE BOARD OF DIRECTORS
(persons) (persons)
International Posting 5 International Posting 5
Government/Agency/Regulatory Bodies 5 Government/Agency/Regulatory Bodies 2
Professional Services/Bodies 3 Professional Services/Bodies 4
Private Enterprise 5 Private Enterprise 6
THE INDUSTRY OF THE BOARD OF COMMISSIONERS THE INDUSTRY OF THE BOARD OF DIRECTORS
(persons) (persons)
Banking/Capital Market 6 Banking/Capital Market 10
Insurance 1 Insurance 2
Public Sector 3 Property 1
Telco/IT 1 Public Sector 2
Oil and Gas 1 Telco/IT 4
Electricity/Power Generation 2
Manufacturing 3
Transportation 2
Oil and Gas 2
Plantation 1
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COMMITTEES OF THE BOARD OF COMMISSIONERS
AUDIT COMMITTEE Audit Committee Charter
The Board of Commissioners established the Audit In carrying out its duties and responsibilities, the
Committee to carry out supervisory functions in the areas Bank’s Audit Committee refers to the Audit Committee
of implementation and reporting of financial records, Charter that regulates, among others, the duties and
adequacy of risk management and internal control responsibilities, membership, work procedures and
effectively and independently. In addition, the Audit meetings in terms of the implementation of the Audit
Committee also supervises compliance with applicable Committee activities. The Audit Committee Charter was
laws and regulations. last updated on 7 December 2023 and has been uploaded
to the Bank’s website (www. maybank.co.id). The Audit
Legal Basis Committee charter is reviewed periodically to comply with
• OJK Regulation No. 33/POJK.04/2014 concerning the the prevailing regulations.
Board of Directors and Board of Commissioners of
Issuers or Public Companies Structure and Membership
• OJK Regulation No. 55/POJK.04/2015 concerning the The membership, composition and independence of the
Establishment and Guidelines for the Implementation Audit Committee members have met the requirements of
of the Audit Committee Work the competent authorities. The Audit Committee consists
• OJK Regulation No. 1/POJK.03/2019 concerning the of 1 (one) Independent Commissioner as Chairman, 2
Implementation of the Internal Audit Function for (two) Independent Commissioners as members, 1 (one)
Commercial Banks member from Syariah Supervisory Board, and 2 (two)
• OJK Regulation No. 09 of 2023 concerning the Use of Independent Parties with competence and qualifications
Public Accountant Services and Public Accounting in economic, finance, accounting and banking.
Firms in Financial Services Activities
• OJK Regulation No. 17 of 2023 concerning the Based on the latest Decree of the Board of Directors of
Implementation of Governance for Commercial Banks PT Bank Maybank Indonesia Tbk. No. SK.2025.003/PRESDIR
• OJK Circular Resolution No. 18/SEOJK.03/2023 dated 20 January 2025, the composition of the Audit
concerning Procedures for the Use of Public Committee Members are as follows:
Accountant Services and Public Accounting Firms in
Financial Services Activities
• The Bank’s Articles of Association regarding the duties
and authorities of the Board of Commissioners
No Member Position on the Committee Position at Maybank Indonesia Period
1 Hendar Chairperson and Member Independent Commissioner 2024 - 2027
2 Daniel James Rompas Member Independent Commissioner 2024 - 2027
3 Putut Eko Bayuseno Member Independent Commissioner 2024 - 2027
4 Ahmad Satori Member Syariah Supervisory Board 2024 - 2027
5 Yetti Septirawati Member Independent Party 2024 - 2027
6 Dawny Rachella Tahar Executive Secretary concurrently Member Independent Party 2024 - 2027
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Qualification and Profile of Audit Committee Members
Member Career Background Education
Serves as Chairman of the Audit Committee. Listed in the Board of Commissioners
Details of his experience and qualifications are stated in the Board of Profile.
Commissioners Profile in the Company Profile chapter.
Hendar
Serves as Chairman of the Audit Committee. Listed in the Board of Commissioners
Details of his experience and qualifications are stated in the Board of Profile.
Commissioners Profile in the Company Profile chapter.
Daniel James
Rompas
Serves as Chairman of the Audit Committee. Listed in the Board of Commissioners
Details of his experience and qualifications are stated in the Board of Profile.
Commissioners Profile in the Company Profile chapter.
Putut Eko Bayuseno
Serves as Chairman of the Audit Committee. Listed in Syariah Supervisory Board
Details of his experience and qualifications are stated in the Board of Profile.
Commissioners Profile in the Company Profile chapter.
Ahmad Satori
Menjabat sebagai Anggota Komite Audit. She holds an Accountant degree from
Warga negara Indonesia. Beliau menjabat sebagai anggota komite the Faculty of Economics, Padjadjaran
audit dari pihak independen PT Bank Maybank Indonesia, Tbk sejak University in Bandung and Master in
tanggal 19 Oktober 2022. Business Management from Asian
Institute of Management - Manila. She
also holds the Chartered Accountant
(CA) certification. She obtained
Certification Risk Management for
Banking (level 7) in 2025.
Yetti Septirawati
Serves as a Member of the Audit Committee. She graduated from Bogor Institute of
Indonesian citizen. She served as an independent audit committee Agriculture, Social Economics Faculty
member of PT Bank Maybank Indonesia, Tbk on 10 January 2024. majoring in Agribusiness in 1990 and
Currently, she also serves as an Audit Committee member in PT hold bachelor degree in Agriculture
Garuda Indonesia Tbk. Economic. She obtained Certification
Risk Management for Banking (level
7) in 2025 and CIA (level 1) in 2022.
Dawny Rachella
Tahar
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Criteria or Indicators Analysis Supporting Documents
Completeness and Implementation of Committee Duties
Governance Structure
a) Members of the audit committee The Chairman of the Audit Committee, Mr. Hendar, is an Decree of the Board of
shall at least consist of an Independent Commissioner with expertise in banking, Directors of PT Bank Maybank
Independent Commissioner, an economics and finance, with 2 (two) members from the Indonesia Tbk No. 2025.010/
Independent Party with expertise Independent Commissioners , namely 1) Mr. Daniel James PRESDIR tanggal 15 April 2025.
in finance or accounting, and an Rompas who has expertise in banking, economics and
Independent Party with expertise finance, 2) Mr. Putut Eko Bayuseno who has expertise in law,
in law or banking. and 1 (one) member from Syariah Supervisory Board namely
Mr. Ahmad Satori, and 2 other members from independent
parties, namely 1) Mrs. Yetti Septirawati is an expert in
accounting and banking 2) Mrs. Dawny Rachella Tahar who
has expertise in banking, risk management and auditing.
b) The audit committee is chaired by The Chairman of the Audit Committee Mr. Hendar is an Decree of the Board of
an Independent Commissioner Independent Commissioner of the Audit Committee. Directors of PT Bank Maybank
Indonesia Tbk No. 2025.010/
PRESDIR tanggal 15 April 2025.
c) At least 51% (fifty-one percent) of All the members of the Audit Committee are independent Decree of the Board of
the audit committee members are commissioners and independent parties. Directors of PT Bank Maybank
Independent Commissioners and Indonesia Tbk No. 2025.010/
Independent Parties. PRESDIR tanggal 15 April 2025.
d) Audit committee members have All members of the Audit Committee have no record of Statement Letter as of
integrity, morals, and good morals. disgraceful integrity, are not involved in civil and criminal law January 2026 signed by each
cases, and have good morality. member.
Term of Office
The composition of the Audit Committee as mentioned above is valid until the closing of the Annual General Meeting
of Shareholders in 2027, unless any member of the Audit Committee resigns, or no longer works for the Company, or if
the Board of Commissioners decides to change the composition of the Audit Committee (whichever occurs first). In the
event that there is a replacement of Audit Committee members, it must be approved by the Board of Commissioners.
Independence of the Audit Committee
All members of the Audit Committee have met all independence criteria and are able to carry out their duties
independently, uphold the interests of the Bank and cannot be influenced by any party. This can be seen from the
membership which consists of 1 (one) Chairman who is an Independent Commissioner, 2 (two) Members who are
also Independent Commissioners, 1 (one) Member from Syariah Supervisory Board, and 2 (two) Members who are
Independent Parties.
Duties and Responsibilities
As stipulated in the Audit Committee Charter, the duties and responsibilities of the Audit Committee are as follows:
Internal Control and Risk Management
The Audit Committee responsibilities are as follow:
a. Evaluate whether the Management implements an adequate internal control system and runs effectively, based on
reports such as from internal auditors and external auditors including OJK.
b. Evaluate whether the auditors’ recommendations have been followed up by the Management.
c. The Audit Committee may coordinate with the Risk Monitoring Committee if deemed necessary.
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Financial Information Public Accountant/External Auditor
The Audit Committee is responsible to improve the quality The Audit Committee responsibilities are as follow:
of financial information disclosure, by: a. Review the independence, performance of the Public
a. Reviewing financial information including financial Accountant, fees (service fees) and other criteria
projections published to the public and/or authorities. in order to provide recommendations to the Board
b. Ensuring that the financial statements have been of Commissioners for the determination of the
prepared in accordance with accounting standards Public Accountant to be appointed by the General
and other applicable regulations. Shareholder Meeting.
c. Reviewing and reporting to the Board of b. Review the adequacy of the Public Accountant’s audit
Commissioners on complaints relating to the Bank’s to ensure that important risks have been considered,
accounting and financial reporting processes. including reviewing the terms of the engagement.
c. Ensure that significant findings are immediately
Internal Auditor submitted to the Audit Committee for discussion, to be
The Audit Committee responsibilities are as follow: submitted and brought to the attention of the Board of
a. Evaluate the Internal Audit Charter to be approved by Commissioners.
the Board of Commissioners. d. Ensure that Management conducts follow-up on the
b. Evaluate the annual work plan of the Internal Audit Unit Public Accountant’s findings.
(SKAI) and provide inputs if necessary. e. Provide an independent opinion in the event of a
c. Ensure SKAI’s independency and no restrictions difference of opinion between Management and the
applied upon SKAI. Public Accountant on the services provided.
d. Ensure that significant Internal Audit findings are
immediately submitted to the Audit Committee Other Tasks
and discuss them for the attention of the Board of The above-mentioned duties and responsibilities do
Commissioners. not limit the Audit Committee to act otherwise in so
e. Recommend to the Board of Commissioners that SKAI far as it does not conflict with OJK Regulations and the
conduct special audits when there are allegations of prevalence of domestic and international practices. The
fraud or deviations from laws and regulations. Audit Committee is also responsible for other relevant
f. Review the report on the Implementation and Main tasks assigned by the Board of Commissioners including
Points of Internal Audit Results that will be submitted to but not limited to the appointment and/or removal of
OJK. the Public Accountant/External Auditor’s office based on
g. Evaluate the effectiveness of the SKAI function, independence, the scope of the assignment and fair value
by ensuring that Management follows up on of service fee.
recommendations submitted by SKAI.
h. Evaluate and provide recommendations to the Board Compliance with Laws and Regulations
of Commissioners on the appointment, performance The Audit Committee is tasked with ensuring compliance
appraisal, replacement and dismissal of the Head of with laws and regulations, particularly in the Capital
SKAI. Market and banking sectors.
Audit Committee Meetings and Attendance
In 2024, the Audit Committee held 22 meetings with
the agenda of discussion related to implementation
of internal control, historical financial information and
discussion on the implementation of the audit of Financial
Statements with external auditor. Each meeting was
attended by all of the Audit Committee members and
always met the applicable quorum.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Audit Committee Meeting Agenda
The main agenda of the Audit Committee Meeting throughout 2025 are as follows:
No. Date Main Agenda of Audit Committee Meeting
1. 16 January 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
2. 10 February 2025 Discussion of ECL Collective and audit progress on the Consolidated Financial Statements for the 2024
financial year with EY
3. 17 February 2025 Discussion on the Consolidated Financial Statements for the 2024
financial year with EY
4. 25 February 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
5. 17 March 2025 Discussion on evaluation of KAP in 2024 and audit proposal on the Consolidated Financial Statements
for the 2025 financial year
6. 17 March 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
7. 28 April 2025 Discussion on Interim Consolidated Financial Statements (unaudited) as of 31 March 2025
8. 9 May 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
9. 14 May 2025 Discussion with EY on Independency (selected AC members only)
10. 26 May 2025 Discussion on evaluation of KAP (EY) performance in 2024 (selected AC members only)
11. 5 June 2025 Discussion with the Operations Director on Payment System Regulatory Reporting (OJK) (selected AC
members only)
12. 18 June 2025 Kick off meeting on EY limited review of Consolidated Financial Statements as of 30 June 2025
13. 23 June 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
14. 10 July 2025 Discussion on EY limited review of Consolidated Financial Statements as of 30 June 2025
15. 11 July 2025 Discussion on Deloitte External Quality Assurance report of SKAI performance
16. 22 July 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
17. 16 August 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
18. 23 September 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
19. 17 October 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
20. 19 October 2025 Discussion on ICOFR implementation progress and AC approval for ICOFR revised procedure
21. 27 October 2025 Discussion on Interim Consolidated Financial Statements (unaudited) as of 30 September 2025
22. 25 November 2025 Implementation of Internal Audit Assignment and Discussion of Audit Findings
23. 17 December 2025 Kick off meeting on EY audit of Consolidated Financial Statements for the 2025 financial year
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Attendance at Audit Committee Percentage of
Name Position
Meetings Attendance (%)
Hendar Chairman of the Audit 22 100%
Committee
Daniel James Rompas Audit Committee Member 23 90%
Putut Eko Bayuseno Audit Committee Member 23 90%
Ahmad Satori Audit Committee Member 23 90%
Yetti Septirawati Audit Committee Member 22 100%
Dawny Rachella Tahar Audit Committee Member 22 100%
Implementation of Audit Committee Activities during In terms of reviewing the adequacy of the financial
2025 reporting process, the Audit Committee also provided
For the fiscal year 2025, the Audit Committee has carried recommendations that the financial statements have
out its functions to assist the Board of Commissioners by been prepared based on generally accepted accounting
referring to the Audit Committee Charter, among others: standards and existing regulations and ensured the
• Reviewed financial information that will be released implementation of audits by the Public Accounting Firm
by the Bank to the public and/or authorities, in the (KAP) in accordance with applicable auditing standards in
form quarterly draft reports and annual financial Indonesia.
statements publications, as well as the full financial
statements (long-form report). The implementation of the Audit Committee’s duties is
• Provided recommendations to the Board of carried out through written communication (reporting)
Commissioners regarding the appointment of a Public and by holding regular meetings, both with SKAI, Internal
Accountant (AP) which was decided by the Annual Audit Committee (IAC), Compliance work unit, Finance
General Shareholder Meeting, based on following and Accounting Division (FAD) work unit, related business
criteria: independency, scope of assignment, and work units and with KAP.
service fees. Those recommendations were also based
on the results of the evaluation over Audit Services Regarding the review of risk management implementation
provided annually for previous year Financial Reports. activities carried out by the Board of Directors, the Bank
The evaluation report has also been submitted to OJK. has a Risk Monitoring Committee established by the Board
• Monitored and evaluated the planning and of Commissioners.
implementation of audits as well as monitoring the
follow-up of audit results issued by the Internal Audit Work Program and Activities of the Audit Committee
(SKAI), external auditors and regulators, in order to In 2025, the Audit Committee carried out activities
assess the adequacy of internal control. in accordance with its duties and responsibilities
• Reviewed compliance with laws and regulations represented in the work program and documented AC
related to the Bank’s activities. reports.
• Assisted the Board of Commissioners in preparing the
annual Bank Payment System Supervision Report and
has been submitted to Bank Indonesia.
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Training of Audit Committee Members during 2024
Name Training/Seminar/ Date
Name Position Workshop/Sharing Organiser Location
Knowledge Start End
Hendar Chairman and Member of the Audit Committee
Details of his training can be seen in the Board of Commissioners Training Program in the Board of Commissioners Sub
Chapter in this Corporate Governance chapter.
Daniel james Audit Committee Member
Rompas Details of his training can be seen in the Board of Commissioners Training Program in the Board of Commissioners Sub
Chapter in this Corporate Governance chapter.
Putut Eko Audit Committee Member
Bayuseno Details of his training can be seen in the Board of Commissioners Training Program in the Board of Commissioners Sub
Chapter in this Corporate Governance chapter.
Yetti Audit OJK : How to Achieve Peak 17 January 2025 17 January 2025 OJK Online
Septirawati Committee Performance in 2025
Member
OJK : Transformasi Digital: 23 January 2025 23 January 2025 OJK Online
Tren Inovasi Teknologi di
sektor Keuangan
OJK : Imboost your spirit 14 February 2025 14 February 2025 OJK Online
: Cultivating positivity for
balanced and fulfilling life
OJK : Outlook Ekonomi dan 20 February 2025 20 February 2025 OJK Online
Keuangan di Tahun 2025
OJK : Inovasi Produk 13 March 2025 13 March 2025 OJK Online
Keuangan Islam : Peran Etika
Halal dalam Memperluas
Penetrasi Pasar
OJK : Meneropong Masa 17 April 2025 17 April 2025 OJK Online
Depan Pasar Emas Indonesia
: Peran Strategis Bullion Bank
OJK : Efek Domino Tarif Trump 15 May 2025 15 May 2025 OJK Online
: Ancaman atau Peluang bagi
Ekonomi Indonesia ?
OJK : Future - Proofing 23 May 2025 23 May 2025 IAI - IFAC Online
Economics : The startegic
Role of Accountants in
Turbulence Time
OJK : Customer experience 22 May 2025 22 May 2025 OJK Online
: Strategies for Success in
Digital Era
Komite Profesi Akuntan Publik 15 May 2025 15 May 2025 KPAP Online
: Peran Artificial Intelligence
dan Audit Competency
dalam Meningkatkan
Professional Skepticism
Auditor
OJK : Urgensi Transparansi 26 May 2025 26 May 2025 OJK Online
Keuangan Hijau pada
Lembaga Keuangan
OJK : Diorama Keuangan 3 June 2025 3 June 2025 OJK Online
Berkelanjutan Indonesia
OJK: The Future of Cyber 5 June 2025 5 June 2025 OJK Online
Security: Threats, Challenges,
and Innovations
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Training of Audit Committee Members during 2024
Name Training/Seminar/ Date
Name Position Workshop/Sharing Organiser Location
Knowledge Start End
Ikatan Akuntan Indonesia: 13 March 2025 14 March 2025 OJK Online
Future Proofing Economics:
The Strategic Role of
Accountants in Turbulence
Times
Ikatan Akuntan Indonesia: 18 June 2025 18 June 2025 IAI Online
Aset Kelolaan pada Lembaga
Zakat
OJK: Strategi Peningkatan 28 August 2025 28 August 2025 OJK Online
Daya Saing serta
Pendalaman Perbankan
Syariah dan Pasar Modal
Syariah
IBI-BCC: Pembekalan 4 August 2025 5 August 2025 IBI - BCC Online
Manajemen Risiko Jenjang
Kualifikasi 4
IBI-BCC: Pembekalan 10 September 11 September IBI - BCC Online
Manajemen Risiko Jenjang 2025 2025
Kualifikasi 5
IBI-BCC: Pembekalan 5 November 2025 5 November 2025 IBI - BCC Online
Manajemen Risiko Jenjang
Kualifikasi 6
IBI-BCC: Pembekalan 5 December 2025 5 December 2025 IBI - BCC Online
Manajemen Risiko Jenjang
Kualifikasi 7
Dawny Audit Risk Management 14 February 2025 14 February 2025 BSMR Jakarta
Rachella Committee Certification Training Level 7
Tahar Member
Risk Management Refresher 17 November 17 November BSMR Online
Training Level 7 2025 2025
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RISK OVERSIGHT COMMITTEE
The Board of Commissioners (BOC) established the Risk Oversight Committee to support effective implementation of
duties and responsibilities related to the oversight of risk management implementation, and identification of significant
risks that require attention of the BOC.
Legal Basis
The Risk Oversight Committee is established based on the following provisions:
• OJK Regulation No. 17 of 2023 concerning the Implementation of Governance for Commercial Banks.
• The Bank’s Articles of Association regarding the duties and authorities of the Board of Commissioners.
Risk Oversight Committee Charter
The Bank’s Risk Oversight Committee has a Charter or Guidelines that contains objective, membership (composition,
qualifications, independence and membership period), duties and responsibilities, authorities, working and meeting
procedures, reporting and its evaluation. The Risk Oversight Committee Charter was last updated on 24 November
2023 referring to OJK Regulation No. 17 year 2023 on The Implementation of Governance for Commercial Banks and has
been uploaded on the Bank’s website. Furthermore, the charter of the Risk Oversight Committee will always be reviewed
periodically in order to comply with applicable regulations.
Composition of Risk Oversight Committee Members
The membership and composition, as well as the independence of the members of the Risk Oversight Committee have
complied with OJK regulations. The Bank’s Risk Oversight Committee in 2024 consists of 1 (one) Chairman/concurrent
member who is an Independent Commissioner, 3 (three) members who are Independent Commissioners, 3 (three)
members who are Commissioners, 1 (one) member who is a member of DPS and 2 (two) Independent Parties with
competence and qualifications in the fields of economics, banking, finance and risk management.
Members of the Risk Oversight Committee are appointed by the Board of Commissioners and for the period of 2024
-2027 have undergone several changes and the latest composition determined based on the Decree of the Company’s
Board of Directors No. 2025.012/ PRESDIR dated 15 April 2025:
No. Name Position in Bank Position in Committee Term of Office
1. Daniel James Rompas Independent Commissioner Chairman /Member (*) 2024-2027
2. Marina R Tusin Independent Commissioner Member 2024-2027
3. Hendar Independent Commissioner Member 2024-2027
4. Putut Eko Bayuseno Independent Commissioner Member 2024-2027
5. Edwin Gerungan Commissioner Member 2024-2027
6. Datuk Lim Hong Tat Commissioner Member 2024-2027
7. Dato’ Zulkiflee Abbas Abdul Commissioner Member 2024-2027
Hamid
8. M. Sodikun Member of DPS Member (**) 2024-2027
9. Agus Kretarto Independent Party Member/Executive Secretary 2024-2027
10. Irma Savitry Independent Party Member 2024-2027
*) Appointed as a member since November 2024, became Chairman on 15 April 2025, replacing Hendar.
**) Appointed since 15 April 2025
Achjar Iljas, an Independent Commissioners was no longer a Member since April 2025.
Qualification and Profile of Risk Oversight Committee Members
The following are the profiles and qualifications of the Risk Oversight Committee Members
Membership Profile Career Background Education
Served as the Bank’s Risk Oversight Chairman. Listed in the Board of Commissioners
Details of his experience and qualifications can be found in the Board Profile
of Commissioners Profile in the Company Profile chapter.
James Daniel
Rompas
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Membership Profile Career Background Education
She serves as a member of the Risk Oversight Committee. Listed in the Board of Commissioners
Details of her experience and qualifications can be found in the Board Profile
of Commissioners Profile in the Company Profile chapter.
Marina R Tusin
He serves as a member of the Risk Oversight Committee. Listed in the Board of Commissioners
Details of her experience and qualifications can be found in the Board Profile
of Commissioners Profile in the Company Profile chapter. He has
expertise in the field of Sharia Banking
Hendar
He serves as a member of the Risk Oversight Committee. Details Listed in the Board of Commissioners
of his experience and qualifications can be found in the Board of Profile
Commissioners Profile in the Company Profile chapter.
Putut Eko Bayuseno
He serves as a member of the Risk Oversight Committee. Details Listed in the Board of Commissioners
of his experience and qualifications can be found in the Board of Profile
Commissioners Profile in the Company Profile chapter.
Edwin Gerungan
He serves as a member of the Risk Oversight Committee. Details Listed in the Board of Commissioners
of his experience and qualifications can be found in the Board of Profile
Commissioners Profile in the Company Profile chapter.
Datuk Lim Hong Tat
He serves as a member of the Risk Oversight Committee. Details Listed in the Board of Commissioners
of his experience and qualifications can be found in the Board of Profile
Commissioners Profile in the Company Profile chapter.
Dato’ Zulkiflee Abbas
Abdul Hamid
He serves as a member of the Risk Oversight Committee. Details of his Listed in the Board of Commissioners
experience and qualifications can be found in the Board of Shariah Profile
Supervisory Profile in the Company Profile chapter.
M. Sodikun
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Membership Profile Career Background Education
He served as Member/Secretary of the Risk Monitoring Committee. • Magister Manajemen, Universitas
Indonesia, 1991
He has served as a Member of the Risk Oversight & Integrated Good • Chartered Akuntan, Sekolah Tinggi
Corporate Governance of Bank Maybank Indonesia since 2018. Akuntansi Negara, 1987
Previously he held the following positions: Member of Audit Committee • Sertifikat Manajemen Risiko
of PT Jasa Angkasa Semesta Tbk and PT Cardiq Aero Services Tbk Kualfikasi 7
(2012 - August 2021); Member of Audit & Risk Oversight Committee of
Maybank Indonesia (2012-April 2018); Member of Audit Committee
of PT Indonesia Infrastruktur Finance (2012- March 2018); Member
of Audit & Risk Oversight Committee of Bank Barclays Indonesia
Agus Kretarto
(2009 - June 2011); Member of Risk Oversight Committee of BII
(2008-2012); Board Member of DKI Jakarta Water Supply Regulatory
Agency (2005-2011); Member of Audit Committee of BII (2003-2008);
Compliance Director of Bank Harmoni Internasional (2002-2003); GM
Corporate Secretary of PT Mustika Ratu Tbk (2001), Head of Planning
& Development Division and Corporate Secretary (1995-2000) and
Head of SKAI of PT Bank Rama Tbk. (1993-1994); Auditor of BPKP at
State-Owned Banks (1987-1992); and Auditor of several State-Owned
Enterprises, State Projects & World Bank Projects (1982-1984).
She served as Member of the Risk Monitoring Committee. Sarjana Ekonomi Universitas
Previously has held several positions: Indonesia, 1987
Chief of Credit and Collections at Bank Sampoerna (2015-2023) ;
Deputy Credit Director of Banker Association for Risk Management / Sertifikat Risk Management Kualifikasi
BARA (2018-2021) ; Risk Management Head Danamon Simpan Pinjam 7
(2014-2015); National Fraud, QA, and Collections Head at Bank
Danamon (2010-2014) ; Consumer Risk Group Head at PT Maybank
Indonesia, Tbk d/h PT Bank Internasional Indonesia,Tbk
(2007-2010) ; CRM and Pricing Director at GE Consumer Finance
(2006-2007); Banking Director at GE Consumer Finance (2004-2006);
Irma Savitry
Risk Director at GE Consumer Finance (2002-2004); Credit Cycle Head
at Standard Chartered Bank
(1997-2002); Credit Policy Head Citibank (1994-1997); Credit
Acceptance Unit Head Citibank (1991-1994) ; General Accounting
Head Citibank (1989-1991); Junior Auditor Ernst and Young (1987-1989)
Risk Oversight Committee Training Program
Risk Oversight Committee Training Program 2025
Name Nama Training Organising Party Location Date
Agus Kretarto Penerapan PSAK 413 Ikatan Akuntansi IAI 05 November 25
AK.MM Indonesia (IAI)
Training Refreshment SMR J7 Maisa Edukasi Zoom Meeting 12 November 25
Training Refr SMR J7 : 10 Feb 2025 IBI BCC Zoom Meeting 10 February 25
Daniel James Navigating Governance in Groups Maybank Group Malaysia 08 December 25
Rompas
BIGER SKAI Internal Sentral Senayan 3 26 July 25
AML CFT PF and ABC Training for BOD-BOC Internal Sentral Senayan 3 17 October 25
Refreshment SMR J6 BOC : 25 Juni 2025 IBI BCC Sentral Senayan 3 25 June 25
Guru Series: AI Transformation Internal Sentral Senayan 3 07 March 25
Lite Agile Showcase & Awards Day 2025 Internal Sentral Senayan 3 06 February 25
Agile Leadership Training Deloitte Sentral Senayan 3 17 January 25
Marina R Tusin Navigating Governance in Groups Maybank Group Malaysia 08 December 25
Refreshment SMR J6 BOC : 25 Juni 2025 IBI BCC Sentral Senayan 3 25 June 25
Guru Series: AI Transformation Internal Sentral Senayan 3 07 March 25
Lite Agile Showcase & Awards Day 2025 Internal Sentral Senayan 3 06 February 25
Agile Leadership Training Deloitte Sentral Senayan 3 17 January 25
New Year Town Hall 2025 Internal Sentral Senayan 3 07 January 25
M. Sodikun Training SMR J4 DPS : 240225 Muamalat Institute Sentral Senayan 3 24 February 25
Ujian SMR J4 : DPS LSPKS LSP SPI 04 March 25
Training SMR J4 : DPS Muamalat Institute Sentral Senayan 3 11 February 25
524 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Risk Oversight Committee Training Program 2025
Name Nama Training Organising Party Location Date
Irma Savitry Penerapan PSAK 413 Ikatan Akuntansi IAI 05 November 25
Daulay Indonesia (IAI)
Training Refreshment SMR J7 Maisa Edukasi Zoom Meeting 12 November 25
Ujian SMR J7 ROC : 190225 BSMR Cosmopolitan 19 February 25
Amarrosa
Training SMR J7 ROC : 140225 GPS Sentral Senayan 3 14 February 25
Ujian SMR J6 ROC : 220125 IBI BCC Cosmopolitan 22 January 25
Amarrosa
Training SMR J6 ROC : 170125 IBI BCC Sentral Senayan 3 17 January 25
Dato' Zulkiflee Ujian SMR J6 BOC : 26 Sept 2025 LSPP Sentral Senayan 3 26 September 25
Abbas Abdul
Hamid Training SMR J6 BOC : 23 Sept 2025 INOFIN Zoom Meeting 23 September 25
Putut Eko Navigating Governance in Groups Maybank Group Malaysia 08 December 25
Bayuseno
BIGER SKAI Internal Sentral Senayan 3 26 July 25
AML CFT PF and ABC Training for BOD-BOC Internal Sentral Senayan 3 17 October 25
Refreshment SMR J6 BOC : 25 Juni 2025 IBI BCC Sentral Senayan 3 25 June 25
Guru Series: AI Transformation Internal Sentral Senayan 3 07 March 25
Lite Agile Showcase & Awards Day 2025 Internal Sentral Senayan 3 06 February 25
Agile Leadership Training Deloitte Sentral Senayan 3 17 January 25
Datuk Lim Hong Refreshment SMR J6 BOC : 25 Juni 2025 IBI BCC Sentral Senayan 3 25 June 25
Tat
Hendar Navigating Governance in Groups Maybank Group Malaysia 08 December 25
BIGER SKAI Internal Sentral Senayan 3 26 July 25
IRPA Annual Risk Prof Summit 2025 Indonesian Risk Bandung 12 December 25
Professional
Association
AML CFT PF and ABC Training for BOD-BOC Internal Sentral Senayan 3 17 October 25
Refreshment SMR J6 BOC : 25 Juni 2025 IBI BCC Sentral Senayan 3 25 June 25
Guru Series: AI Transformation Internal Sentral Senayan 3 07 March 25
Agile Leadership Training Deloitte Sentral Senayan 3 17 January 25
New Year Town Hall 2025 Internal Sentral Senayan 3 07 January 25
Edwin Gerungan Navigating Governance in Groups Maybank Group Malaysia 08 December 25
AML CFT PF and ABC Training for BOD-BOC Internal Sentral Senayan 3 17 October 25
Refreshment SMR J6 BOC : 25 Juni 2025 IBI BCC Sentral Senayan 3 25 June 25
Guru Series: AI Transformation Internal Sentral Senayan 3 07 March 25
Lite Agile Showcase & Awards Day 2025 Internal Sentral Senayan 3 06 February 25
Agile Leadership Training Deloitte Sentral Senayan 3 17 January 25
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 525
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Term of Office f. Business update covering portfolio development in
The composition of the Risk Oversight Committee as credit/financing & deposits compared to targets,
mentioned above is valid until the closing of the Annual as well as significant changes, NIM and profitability.
General Meeting of Shareholders in 2027, unless any g. Credit risk covering NPL, LAR & Watchlist, 25 largest
member of the Risk Oversight Committee resigns, or and high-risk debtors/obligors, VPI, progress
no longer works for the Company, or if the Board of of remedial process including write-offs and
Commissioners decides to change the composition of the adequacy of provisioning.
Risk Oversight Committee (whichever occurs first). h. Maximum Lending Limit (LLL) and Internal
Counterparty Limit.
Independence of Risk Oversight Committee Members i. Operational risk dash-board covering risk incidents
The composition of the Risk Oversight Committee including actual losses, potential losses, and near
members from Independent Commissioners and misses, KRI and trend of incident frequency,
Independent Parties exceeds the minimum requirement of j. Information technology (IT) & cyber risk.
more than 50% of the total members of the Risk Oversight k. Evaluate compliance risks, including functions
Committee, or constitutes the majority. All independent of Anti-Money Laundering (AML) & Countering
members of the Risk Oversight Committee have met all Financing of Terrorism (CFT).
independence criteria and are able to carry out their l. Monitor compliance status against established
duties independently, and uphold the interests of the Risk Appetite Statements (RAS). recovery plan
Bank. indicators.
m. Monitor the follow-up of significant findings of
Main Duties external supervisors such as OJK & PPATK related to
1. Review material risk management policies developed risk management.
by management for recommendation and approval
by the BOC; and ensure that risk management policies
are at least in accordance with the guidelines for all 2. Evaluation of risk management policies conducted
types of risks set by the regulator. during 2025 by the Risk Oversight Committee covering:
2. Evaluate the conformity of risk management a. Revision Annual Review of ICAAP Policy.
implementations with the bank policies. b. Adjustment of BOC Acknowledgment.
3. Review any non-compliance with prudential rules and c. Debtor Threshold Limit.
with the policy and control framework established by d. 2025 RAS and Review of Recovery Plan (RCP)
the relevant units. e. Annual Review of Capital Management Framework.
4. Monitor and evaluate the implementation of the duties f. Redevelopment and Implementation of Forward-
of the Risk Management Committee and the Risk Looking Probability of Default Model for Non-Retail
Management Units. Portfolio.
5. Providing advice to the BOC on relevant information g. Review of Premier Banking Service Policy.
arising from its risk oversight and responsibilities. h. Corporate Regulations on Structured Products.
i. Annual Review of Industry Limits.
2025 Duties Implementation Report j. Reclassification of Quasi-Government Entities and
Periodically review and assess: BPR in Implementing Single Debtor Limit.
a. Developments in the global & domestic economy, k. Periodic review of Credit Risk Framework.
banking, regulatory changes and the business l. Revision of Corporate Regulations on Sharia
environment in general and evaluate their impact Governance Framework.
on bank risk management. m. Annual review of Recovery Plan (RCP).
b. Monthly Enterprise Risk Dashboard (ERD) & Risk n. Review of Corporate Regulations on ESG
Heat Map. Framework.
c. Quarterly Risk Profile.
d. Semi-annual Risk Based Bank Rating (RBBR) for
approval by the Board of Commissioners.
e. Market risk and liquidity risk.
526 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Committee Meetings and Attendance Rate
The Risk Oversight Committee Charter stipulates that regular monthly meetings of the Risk Oversight Committee shall be
held prior to regular meetings of the Board of Commissioners. Any ad hoc meeting may be held upon special request.
Notice of the time, place, agenda and materials of the meeting shall be given to each member not less than 48 hours
prior to the time of the meeting.
Regarding quorum, the Risk Oversight Committee meetings are attended by at least 51% of the Committee Members,
including at least one Independent Commissioner and Independent Party. Based on the meeting, the Risk Oversight
Committee will provide a report to the BOC. This report may consist of any subject as recommendation for approval
and/or ratification and/or provide information to the BOC.
During 2025, the Risk Oversight Committee held 12 meetings, with the attendance of members as follows:
Attendance List for the 2025 Risk Oversight Committee Meeting
Date JDR MT HD PEB EG LHT ZA MS *) AK IS
16 January 2025 √ √ √ √ √ √ √ 0 √ √
25 February 2025 √ √ √ √ √ √ √ 0 √ √
17 March 2025 √ √ √ √ √ √ √ 0 √ √
8 April 2025 √ √ √ √ √ √ √ √ √ √
9 May 2025 √ √ √ √ √ √ √ 0 √ √
23 June 2025 √ √ √ √ √ √ 0 0 √ √
22 July 2025 √ √ √ √ √ √ √ √ √ √
19 August 2025 √ √ √ √ √ √ √ √ √ √
23 September 2025 √ √ √ √ √ √ 0 √ √ √
21 October 2025 √ √ √ √ √ √ √ √ √ √
20 November 2025 √ √ √ √ √ √ √ √ √ √
17 December 2025 √ √ √ √ 0 √ √ √ √ √
Total 12 12 12 12 11 12 10 7/9 12 12
% 100 100 100 100 91.67 100 83.33 77.78 100 100
JDR- Daniel James Rompas | MT-Marina R Tusin | HD-Hendar | PEB-Putut Eko Bayuseno | EG-Edwin Gerungan | LHT-Datuk Lim
Hong Tat | ZA-Dato’ Zulkiflee Abbas Abdul Hamid | MS-M. Sodikun | AK-Agus Kretarto | IS-Irma Savitry
*) Effective from April 2025
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 527
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06 / G O O D C O R P O R A T E G O V E R N A N C E
NOMINATION AND REMUNERATION 8. Circular Letter of the Financial Services Authority
COMMITTEE No. 39/SEOJK.03/2016 concerning Capability and
The Nomination and Remuneration Committee is Appropriateness Assessment for candidates for
established to review and provide recommendations to Controlling Shareholders, Candidates for members of
the Board of Commissioners in carrying out its oversight the Board of Directors, and Candidates for Members of
function on the implementation of nomination and the Board of Commissioners of Banks.
remuneration policies for the Board of Commissioners, 9. Circular Letter of the Financial Services Authority
the Board of Directors, Shariah Supervisory Board, No. 40/SEOJK.03/2016 on the Implementation
Independent members of the Board of Commissioners of Governance in Providing Remuneration for
Committees, and Executive Vice President. Commercial Banks.
10. Bank Indonesia Regulation No. 11/33/PBI/2009 on the
Legal Basis Implementation of Good Corporate Governance for
The Nomination and Remuneration Committee is Shariah Commercial Banks and Shariah Business Unit.
established based on the following provisions: 11. The Bank’s Articles of Association.
1. Financial Services Authority Regulation No. 2 of 2024
concerning the Implementation of Sharia Governance Articles of Association of the Bank.
for Sharia Commercial Banks and Sharia Business Nomination and Remuneration Committee Charter
Units. The Nomination and Remuneration Committee has a
2. Financial Services Authority Regulation No. 17 Year 2023 Nomination and Remuneration Committee charter that
on the Implementation of Corporate Governance for regulates the duties and responsibilities, membership and
Commercial Banks. structure, meetings and activities, authority, term of office,
3. Financial Services Authority Regulation Number 59/ and procedures of the Nomination and Remuneration
POJK.03/2017 concerning the Implementation of Committee. The Bank’s disclose the Charter of the
Governance in Providing Remuneration for Shariah Nomination and Remuneration Committee on the Bank’s
Commercial Banks and Shariah Business Units. website, and is reviewed periodically to comply with
4. Financial Services Authority Regulation No. applicable regulations.
27/POJK.03/2016 concerning Capability and
Appropriateness Assessment for Main Parties of Composition of Nomination and Remuneration
Financial Services Institutions. Committee Members
5. Financial Services Authority Regulation Number The membership, composition, and independence of the
45/POJK.03/2015 concerning the Implementation Nomination and Remuneration Committee members
of Governance in Providing Remuneration for have met the applicable regulations. Members of the
Commercial Banks. Nomination and Remuneration Committee are appointed
6. Financial Services Authority Regulation No. 34/ by the Board of Commissioners based on the Decree of
POJK.04/2014 on the Nomination and Remuneration the Company’s Board of Directors No. SK.2025.001/DIRHC
Committee of Issuers or Public Companies. tanggal 15 April 2025.
7. Financial Services Authority Circular Letter No. 13/
SEOJK.03/2017 Concerning the Implementation of
Governance for Commercial Banks.
Composition of Nomination and Remuneration Committee Members in 2025:
No Name Position in the Company Position in the Committee Term of Office
1 Marina R Tusin Independent Commissioner Chairperson and Member 2024 – 2027
2 Hendar Independent Commissioner Member 2024 – 2027
3 Edwin Gerungan Independent Commissioner Member 2024 – 2027
4 Dato’ Sri Khairussaleh President Commissioner and Member 2024 – 2027
Ramli Non-Independent Commissioner
5 Nelda Victoria Siburian Executive Officer Member and concurrent 2024 – 2027
Executive Secretary
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Qualification and Profile of Nomination and Remuneration Committee Members
Membership Profile Career Background Education
She serves as Chairperson and member of the Nomination and Listed in the Board of Commissioners
Remuneration Committee. Details of her experience and qualifications Profile.
can be found in the Board of Commissioners Profile in the Company
Profile chapter.
Marina R Tusin
He serves as a member of the Nomination and Remuneration Listed in the Board of Commissioners
Committee. Details of his experience and qualifications can be found Profile.
in the Board of Commissioners Profile in the Company Profile chapter.
Hendar
He serves as a member of the Nomination and Remuneration Listed in the Board of Commissioners
Committee. Details of his experience and qualifications can be found Profile.
in the Board of Commissioners Profile in the Company Profile chapter.
Edwin Gerungan
He serves as a member of the Nomination and Remuneration Listed in the Board of Commissioners
Committee. Details of his experience and qualifications can be found Profile.
in the Board of Commissioners Profile in the Company Profile chapter.
Dato’ Sri
Khairussaleh Ramli
She serves as Member and Executive Secretary of the Nomination Listed in the Executive Officer Profile.
and Remuneration Committee. Full profiles are listed in the Executive
Officer Profiles.
Nelda Victoria
Siburian
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Training of Nomination and Remuneration Committee Members during 2025
Date
Name of Training/Seminar/
Name Position
Workshop/Sharing Knowledge
Start End
Marina R Tusin Chairperson and Member of Nomination and Remuneration Committee
Details of her training can be seen in the Board of Commissioners Training Program in the Board of
Commissioners Sub Chapter in this Corporate Governance chapter.
Hendar Member of Nomination and Remuneration Committee
Details of his training can be seen in the Board of Commissioners Training Program in the Board of
Commissioners Sub Chapter in this Corporate Governance chapter.
Edwin Gerungan Member of Nomination and Remuneration Committee
Details of his training can be seen in the Board of Commissioners Training Program in the Board of
Commissioners Sub Chapter in this Corporate Governance chapter.
Dato’ Sri Khairussaleh Member of Nomination and Remuneration Committee
Ramli
Details of his training can be seen in the Board of Commissioners Training Program in the Board of
Commissioners Sub Chapter in this Corporate Governance chapter.
Nelda Victoria Member of Job Evaluation Workshop 6 March 2025 6 March 2025
Siburian Nomination and
Remuneration Train for Trainers - New Balanced 29 April 2025 29 April 2025
Committee Scorecard
Employee Engagement & MSocial 22 May 2025 22 May 2025
Webinar Anti Suap & Korupsi 26 May 2025 26 May 2025
Budget & Strategy 2026 Preliminary 21 July 2025 21 July 2025
Workshop
MBI Leaders Workshop 29 September 2025 29 September 2025
RCC Sertifikasi Uji Kompetensi Bidang 26 September 2025 26 September 2025
MSDM
Term of Office
The composition of the Nomination and Remuneration Committee valid until the closing of the Annual General Meeting
of Shareholders in 2027, unless any member of the Nomination and Remuneration Committee resigns, or no longer
works for the Company, or if the Board of Commissioners decides to change the composition of the Nomination and
Remuneration Committee (whichever occurs first).
Independence of Nomination and Remuneration Committee Members
All members of the Nomination and Remuneration Committee have met all independence criteria and are able to carry
out their duties independently, uphold the interests of the Bank and cannot be influenced by any party.
Duties and Responsibilities
The Nomination and Remuneration Committee has duties and responsibilities to provide recommendations to the Board
of Commissioners as follows:
A. Nomination Area
1. Provide recommendations to the Board of Commissioners regarding the composition of the positions of
members of the Board of Directors and/or members of the Board of Commissioners (number, competence,
ability, and balance of independent and non-independent status).
2. Determine the procedures, policies, and criteria required in the nomination process for the appointment and/
or replacement of the Board of Commissioners, Board of Directors, Shariah Supervisory Board, independent
members of the Board of Commissioners Committees, and Executive Vice President.
3. Provide recommendations regarding candidates to become members of the Board of Commissioners, Board of
Directors, and Shariah Supervisory Board, based on the competence, ability, and experience of each individual to
be nominated to the Board of Commissioners, and then submitted to the General Meeting of Shareholders.
4. Provide recommendations to the Board of Commissioners regarding candidates to become independent
members of the Board of Commissioners Committees based on the competence, ability, and experience of the
nominated individuals.
530 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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5. Review and approve suitable candidates to Task Implementation Report 2025
serve as Executive Vice President based on the During 2025, the Nomination and Remuneration
endorsement of the Board of Directors. Committee has carried out activities and provided several
6. Assist and/or recommend to the Board of recommendations including the following:
Commissioners regarding the promotion, 1. Provide recommendations on the nomination of
confirmation and termination of service of candidates for the appointment and/or replacement
members of the Board of Directors. of members of the Board of Directors and Board of
7. Assist and/or provide recommendations to the Commissioners which will be submitted to the General
Board of Commissioners regarding the terms Meeting of Shareholders.
and conditions of appointment or dismissal of 2. Provide recommendations on the nomination of
members of the Board of Commissioners. candidates for Independent Committee Members and
8. Evaluate and provide recommendations to the Executive Vice President candidates to fill the required
Board of Commissioners on potential candidates positions.
for the nomination of the Board of Commissioners 4. Provide recommendations on the remuneration
and President Director of the Bank’s subsidiaries. for members of the Board of Directors, Board of
9. Undertake the process of identifying the quality of Commissioners, and Shariah Supervisory Board,
Board of Directors and/or Board of Commissioners which will be submitted to the General Meeting of
members aligned with the Bank’s strategic Shareholders.
directions. 5. Provide recommendations on the remuneration for
candidates for Independent Committee Members and
B. Remuneration Area candidates for Executive Vice President.
1. Provide recommendations to the Board of 6. Provide recommendations on the Nomination
Commissioners regarding procedures for reviewing and Remuneration Committee regarding the
the structure, policies and remuneration plans implementation of remuneration policies and
as well as terms and conditions for the Board employee retention strategies in general, taking into
of Commissioners and Board of Directors to be account the principles of governance in providing
submitted to the General Meeting of Shareholders. remuneration in accordance with applicable
2. Evaluate and provide recommendations to the regulatory provisions, including and not limited to
Board of Commissioners regarding remuneration Material Risk Taker officials.
policies and/or plans and terms and conditions 7. Provide recommendations on the evaluation results
of service for independent members of the Board of the Board of Directors’ performance in 2025 and
of Commissioners and Shariah Supervisory Board approved the framework for evaluating the Board of
Committees. Directors’ performance in 2025.
3. Provide recommendations to the Board of 8. Provide recommendations on the performance
Commissioners in connection with remuneration assessment framework of the Board of Commissioners
policies for employees in general, including and and Board of Commissioners level Committees in
not limited to the determination of Material Risk 2024, namely Board Effectiveness Evaluation.
Taker officials every year. 9. Provide recommendations on the talent management
4. Ensure remuneration decisions are based on process, including building a succession plan for
risk and performance considerations, alignment members of the Board of Directors.
with financial performance as well as fulfilment 10. Provide recommendations on the recommendations
of reserves as applicable provisions and and ensure that members of the Board of Directors
potential future income of the Bank, performance and Board of Commissioners receive appropriate and
assessment results, equality with other similar continuous development in order to keep abreast of
banks, as well as long-term goals and strategies of the latest developments in the industry.
the Bank.
5. Propose and recommend to the Board of Meetings and Attendance of Nomination and
Commissioners the appointment of members Remuneration Committee
of the Board of Directors. The Bank also have In accordance with the provisions stipulated in the
measurable standards to align the performance- Charter, the Nomination and Remuneration Committee
based remuneration of the Board of Directors with is required to hold meetings at least 1 (one) time every 4
long-term interests of the Bank, such as claw back (four) months which can be held in the form of physical
provision and deferred bonuses. or online meetings. Meetings must also be attended
by at least 51% of the total members, including 1 (one)
Independent Commissioner and Executive Officer, and
attended by the Chairman of the Committee.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
During 2025, the Nomination and Remuneration Committee met 7 (seven) times with the attendance rate in accordance
with the Nomination and Remuneration Committee Charter.
The Bank does not have a separate Nomination and Remuneration Committee, therefore the Nomination and
Remuneration Committee meetings discuss the nomination and remuneration agenda in one committee forum. Of the
7 (seven) Nomination and Remuneration Committee meetings held in 2025, there were at least 7 (seven) meetings that
discussed the Nomination and/or Remuneration agenda.
Attendance List for the 2025 Nomination and Remuneration Committee Meeting
Dato’ Sri Nelda Victoria
No Date Marina R Tusin Hendar Edwin Gerungan
Khairussaleh Ramli Siburian
1 14 January 2025 √ √ √ √ √
2 20 February 2025 √ √ √ √ √
3 14 May 2025 √ √ √ √ √
4 18 June 2025 √ √ √ √ √
5 15 July 2025 √ √ √ √ √
6 18 September 2025 √ √ √ √ √
7 26 November 2025 √ √ x √ 0
Frequency 100% 100% 86% 100% 100%
Board of Directors Succession Planning
The Nomination and Remuneration Committee reviews and provides recommendations to the Board of Commissioners
on the nomination and succession planning of the Bank’s Directors to ensure the growth and sustainability of the Bank.
The Committee will review the Bank’s Board of Directors from various aspects such as resources, nomination succession
plans, development activities as well as the performance of the Board of Directors on a regular basis. Succession
planning for the Board of Directors is also conducted in accordance with the provisions set out in the Nomination and
Remuneration Committee Charter as follows:
1. Review the talent management process, including establishing succession and development planning for members
of the Board of Directors.
2. Monitor and provide input to the Board of Directors with respect to the leadership development framework,
succession planning and development for Directors to ensure continuity of succession planning.
3. Provide recommendations and ensure that the members of the Board of Directors receive appropriate and
continuous development and are aware of the latest developments in the industry.
532 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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INTEGRATED GOVERNANCE COMMITTEE out its functions. The IGCG Committee Charter was issued
Together with the FSIs that are members of the Maybank based on the approval of Maybank Indonesia Board of
Indonesia Financial Conglomeration (“MIFC”), Maybank Commissioners. The most recent version was determined
Indonesia implements integrated Corporate Governance through Board of Directors Decree letter dated 2 April 2024
comprehensively and effectively based on OJK Regulation and has been uploaded on the Bank’s website.
No. 18/POJK.03/2014 on the Implementation of Integrated
Governance for Financial Conglomeration. Maybank Integrated Good Corporate Governance Committee
Indonesia as the Main Entity together with MIFC Member Guidelines
FSIs continuously improve the Governance structure and Maybank Indonesia as the Main Entity has Guidelines
process so as to produce good Integrated Governance. that refer to conservative regulations as a guide for
FSIs in MIFC to implement Governance, therefore as to
The Board of Commissioners of Maybank Indonesia encourage quality improvement in the implementation
as the Main Entity established the Integrated Good of IGCG. By implementing IGCG, it will encourage
Corporate Governance Committee (IGCG), with the aim the Financial Conglomeration to have more prudent
of assisting and facilitating the Board of Commissioners Governance in accordance with the principles of
in carrying out its duties and functions of supervising transparency, accountability, responsibility, independency
the implementation of Governance at each Financial or professionalism, and fairness. The IGCG Guidelines
Services Institution (FSI) in MIFC in accordance with the are reviewed periodically to be in accordance with the
Integrated Governance Guidelines. The IGCG Committee applicable provisions and conditions. The IGCG for MIFC
also functions to provide direction or advice to the Board Guidelines have been updated several times since its
of Directors of Maybank Indonesia on the implementation issuance and can be accessed on the Bank’s website.
of the Integrated Governance Guidelines, and evaluate The Board of Directors of Maybank Indonesia as the Main
the Integrated Governance Guidelines and direct them for Entity has submitted these Integrated Good Corporate
improvement. Governance Committee (along with any amendments)
to the Board of Directors of the MIFC Member FSIs to be
Legal Basis for the Establishment of the Integrated used as a guideline for the Member FSIs in preparing the
Governance Committee governance guidelines at each MIFC Member FSI.
1. OJK Regulation No. 18/POJK.03/2014 on the
Implementation of Integrated Governance for Corporate Charter
Financial Conglomeration. In accordance with OJK Regulation No. 45/POJK.03/2020
2. OJK Circular Letter No. 15/SEOJK.03/2015 dated 25 May on Financial Conglomeration ("OJK Regulation 45/2020"),
2015 on the Implementation of Integrated Governance the Main Entity is required to prepare and have a
for Financial Conglomeration; Corporate Charter. Maybank Indonesia as the Main Entity
3. OJK Regulation No. 17 Year 2023 on the Implementation in Maybank Indonesia Financial Conglomeration has
of Governance for Commercial Banks; issued the Corporate Charter in December 2020. This
4. OJK Regulation No. 30 Year 2024 on Financial Corporate Charter contains:
Conglomeration and Holding Company of Financial a. Objectives, basis of preparation, and scope;
Conglomeration; b. Structure of the Financial Conglomeration; and
5. Articles of Association of Maybank Indonesia and its c. Duties and responsibilities of the board of directors
amendments; of the Main Entity and the Board of Directors of the
6. MIFC Integrated Good Corporate Governance Financial Services Institutions that are members of the
Guidelines; Financial Conglomeration.
7. Corporate Charter;
8. Integrated Good Corporate Governance Committee The scope of duties and responsibilities for the
Charter; management of the Financial Conglomeration between
9. Board of Directors Decree No. 2025.015/PRESDIR dated the Main Entity and the member FSIs of the Financial
6 Oktober 2025 determining the membership of the Conglomeration shall be adjusted to the characteristics
Integrated Good Corporate Governance. and complexity of the business of the Financial
Conglomeration. The Corporate Charter as referred to
Integrated Good Corporate Governance Committee shall be signed by the Board of Directors of the Main Entity
Charter and the Board of Directors of the member FSIs of the
Maybank Indonesia has an IGCG Committee Charter Financial Conglomeration.
which serves as a guideline in carrying out the duties
and responsibilities of the IGCG Committee. The IGCG OJK Regulation No. 30 of 2024 Concerning Financial
Committee Charter regulates the membership, structure, Conglomeration and Financial Conglomeration Holding
authority, duties and responsibilities, meetings, activities Companies ("OJK Regulation 30/2024") which was
and work procedures for the IGCG Committee in carrying promulgated on 23 December 2024, states that OJK
Regulation 45/2020 is is revoked and no longer valid.
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As in OJK Regulation 30/2024, PIKK is required to prepare and have a Financial Conglomeration Corporate Charter.
Maybank Indonesia meets the criteria as a financial Conglomeration as in accordance with Article 2 paragraph (1) of
OJK Regulation No. 30/2024, therefore Maybank Indonesia will submit an application for the establishment of a Financial
Conglomeration Holding Company to OJK, 6 (six) months from the issuance of OJK Regulation 30/2024. Immediately
after the Financial Conglomeration Holding Company is formed, Maybank Indonesia will create and determine the
Corporate Charter as referred to in OJK Regulation 30/2024.
Composition of Integrated Good Corporate Governance Committee Members
In order to carry out its duties in relation to IGCG in MIFC, the Bank’s Board of Commissioners has established IGCG
Committee. In accordance with OJK Regulation No. 18/2014, the IGCG Committee membership consists of at least:
1. an Independent Commissioner who is the Chairman of one of the committees in the Main Entity, as chairman and
member;
2. an Independent Commissioner representing and appointed from a FSI within the Financial Conglomeration, as a
member;
3. an independent party, as a member; and
4. a member of the Sharia Supervisory Board of the FSI in the Financial Conglomeration, as a member.
5. Membership of the Independent Commissioner, independent party and member of the Sharia Supervisory Board
on the Integrated Good Corporate Governance Committee in the Financial Conglomeration shall not be counted as
concurrent positions.
6. The number and composition of Independent Commissioners who become members of the IGCG Committee
are adjusted to the needs of the Financial Conglomeration as well as the efficiency and effectiveness of the IGCG
Committee’s duties by taking into account at least the representation of each financial services sector.
Members of the IGCG Committee of Maybank Indonesia Financial Conglomeration were most recently appointed based
on the Decree of the Board of Commissioners and determined by the Bank’s Board of Directors through the Decree of the
Board of Directors No.SK.2024.015/PRESDIR dated 11 November 2024, with the following composition:
Name Position in Committee LJK Position in the Financial
Institution
Daniel James Rompas Chairperson and Member MBI Independent Commissioner
Marina R Tusin Member MBI Independent Commissioner
Irma Savitry Member MBI Independent Party
M. Sodikun Member MBI Sharia Supervisory Board
Umar Juoro Member MSI Independent Commissioner
Herwan Ng Member MIF Independent Commissioner
Rallyati Arianto Wibowo Member WOM Independent Commissioner
Freddy Hendradjaja Member MAM Independent Commissioner
Didit Mehta Pariadi Member EII Independent Commissioner
Qualifications and Profile of Members of the Integrated Governance Committee
Name Work Experience Background
Chairperson and Member
Independent Commissioner of PT Bank Maybank Indonesia, Tbk
Appointed as Chairperson of the Integrated Good Corporate Governance Committee based on the resolution
of the Board of Commissioners meeting dated 20 January 2025.
Full profile is presented in the Board of Commissioners Profile section in this Annual Report.
Daniel James
Rompas
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Name Work Experience Background
Independent Commissioner of PT Bank Maybank Indonesia, Tbk
Appointed as a member of the Integrated Good Corporate Governance Committee based on the resolution of
the Board of Commissioners meeting dated 20 January 2025.
Full profile is presented in the Board of Commissioners Profile section in this Annual Report.
Marina R Tusin
Independent Party PT Bank Maybank Indonesia, Tbk
Appointed as a member of the Integrated Good Corporate Governance Committee since 6 January 2025.
Full profile is presented in the Independent Party Profile section in this Annual Report.
Irma Savitry
Sharia Supervisory Board of PT Bank Maybank Indonesia, Tbk
Appointed as a member of the Integrated Good Corporate Governance Committee based on the resolution of
the Board of Commissioners meeting dated 25 March 2024.
Full profile is presented in the Sharia Supervisory Board Profile section in this Annual Report.
M. Sodikun
Independent Commissioner of PT Maybank Sekuritas Indonesia
Appointed as a member of the Integrated Good Corporate Governance Committee on 1 July 2025.
Educational Background
He had completed his undergraduate education in Physics from Insitut Teknologi Bandung (1985), a Master
of Arts Economics from University of Philippines (1997), a Masters of Arts in Political Economy from Boston
University (1989), and a certificate in Advanced Studies in International Economics from Kiel Institute of World
Economics, Germany (1993).
Umar Juoro
Working Experience
He began his career at LP3ES from 1985 to 1991 as a Research Fellow. He also served as a Consultant to
the World Bank, ADB, UNDP, and ILO from 1995 to 1997. From 2001 to 2008, he served as an Independent
Commissioner at Bank International Indonesia. From 2008 to 2017, he served as an Independent Commissioner
at PT Bank Maybank Indonesia Tbk. From 2017 to 2024, he served as an Independent Commissioner at HSBC
Indonesia.
He served as Special Staff at the Coordinating Ministry for Economic Affairs of the Republic of Indonesia
from 2020 to 2024. He was also a Member of the National Economic Committee during the administration of
President Susilo Bambang Yudhoyono from 2009 to 2014, and Assistant for Economic, Financial, and Industrial
Affairs to the late President B.J. Habibie from 1998 to 1999. He also served as a Consultant to the World Bank,
ADB, UNDP, and ILO from 1995 to 1997.
Concurrent Positions
Since 2020, he has continued to serve as a Senior Researcher at The Habibie Center.
Affiliate Relations
He does not have any affiliated, financial, management, and family relationship with other members of The
Board of Commissioners, members of The Board of Directors, nor with Majority and Controlling Shareholders.
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Name Work Experience Background
Independent Commissioner of PT Maybank Indonesia Finance
Appointed as a member of the Integrated Good Corporate Governance on 25 March 2024.
Educational Background
Indonesian Citizen. He had completed his Bachelor’s degree in Economy from Tarumanagara University in 1995,
Master Business Administration from Edinburgh Business School in 2010, and Diploma in Corporate Governance
Program from Corporate Governance Institute in 2023, and Diploma in Environmental, Social and Governance
from Corporate Governance Institute in 2025.
Herwan Ng
Work Experience
Prior to his appointment as Independent Commissioner of PT Maybank Indonesia Finance, he had several
experiences as:
- Associate to Senior Manager, PwC Indonesia and Netherlands (1995-2005);
- Chief Financial Officer (CFO), Rio Tinto Indonesia (2005 – 2019);
- Audit Committee, PT Maybank Indonesia Finance (2015 – 2021);
- Independent Commissioner, PT Hewlett Packard Finance Indonesia (2017 – 2022);
- Risk Oversight Committee, PT Maybank Indonesia Finance (2022 – 2024);
- Independent Commissioner, PT Asuransi Bina Dana Arta, Tbk (2023 – 2025);
- Audit Committee & Risk Oversight Committee, PT Caterpillar Finance Indonesia (2021-present);
- Head of Audit Committee, PT Maybank Indonesia Finance (2024-present);
- Head of Risk Monitoring Committee, PT Maybank Indonesia Finance (2024-present);
- Head of Nomination and Remuneration Committee, PT Maybank Indonesia Finance (2024-present);
- Independent Commissioner, PT FKS Multi Agro, Tbk (2024 – present);
- Independent Commissioner, PT FKS Food Sejahtera Tbk (2025-present).
Concurrent Positions
Until present, he is concurrently positioned as Independent Commissioner of PT FKS Multi Agro, Tbk since 2024
and PT FKS Food Sejahtera Tbk since 2025.
Affiliate Relations
He does not have any affiliated, financial, management, and family relationship with other members of The
Board of Commissioners, members of The Board of Directors, nor with Majority and Controlling Shareholders.
Independent Commissioner of PT Wahana Ottomitra Multiartha, Tbk
Appointed as a member of the Integrated Good Corporate Governance on 6 Oktober 2025.
Educational Background
She obtained a Bachelor of Accounting degree from the Faculty of Economics, University of Indonesia (1985),
and a Master Degree in Accounting degree from the Faculty of Economics, University of Indonesia (2010).
Work Experience
1. Senior Assistant – Assistant Manager Public Accounting Firm Drs Hadi Sutanto & Partners (currently named
Rallyati A. Wibowo,
Public Accounting Firm Rintis, Jumadi, Rianto & Partners) (1986-1992);
S.E
2. Lecturer at the Faculty of Economics and Business, University of Indonesia (1986-present);
3. Vice President – Financial Controller PT Sewu New York Life (the company has been acquired and currently
named PT Asuransi Jiwa Sequis Life) (1992-1995);
4. Head of the Finance and Accounting Division PT Kustodian Sentral Efek Indonesia (KSEI) (1995-2005);
5. Head of the Accounting, Finance and HR, and Risk Management Division PT Surya Citra Media (2005-2009);
6. Member of the Audit Committee of PT Tugu Pratama Indonesia (currently named PT Asuransi Tugu Pratama
Indonesia Tbk) (2010-2011);
7. Director of Finance and Administration of PT Indospec Asia (2012);
8. Director of Logistics and General Affairs of PT Adi Sarana Armada Tbk (2012-2015);
9. Member of the Audit Committee of the University of Indonesia (2014-2019);
10. Member of the Audit Committee of PT Krakatau Steel (Persero) Tbk (2016-2023);
11. Member of the Board of Directors of the Indonesian Audit Committee Association (2019-2022);
12. Member of the Audit Committee of PT Bank Central Asia Tbk (2021-present);
13. Member of the Board of Directors of the Indonesia Audit Committee Association (2022-October 2025);
14. Independent Commissioner of PT Wahana Ottomitra Multiartha Tbk (2024-present);
15. Member of the Risk Oversight Committee of PT Wahana Ottomitra Multiartha Tbk (2024-present);
16. Member of the Audit Committee of PT Mitrabara Adiperdana Tbk (2024-September 2025);
17. Chairman of the Audit Committee of PT Wahana Ottomitra Multiartha Tbk (2024-present).
Concurrent Positions
1. Lecturer at the Faculty of Economics and Business, University of Indonesia (1986-present).
2. Member of the Audit Committee of PT Bank Central Asia Tbk (2021-present).
3. Independent Commissioner of PT Wahana Ottomitra Multiartha Tbk (2024-present).
4. Member of the Risk Oversight Committee of PT Wahana Ottomitra Multiartha Tbk (2024-present).
5. Chairman of the Audit Committee of PT Wahana Ottomitra Multiartha Tbk (2024-present).
Affiliated Relationship
Does not have any affiliated relationship in the form of financial relationships or family relationships with
members of the Board of Directors of PT Wahana Ottomitra Multiartha Tbk, other members of the Board
of Commissioners of PT Wahana Ottomitra Multiartha Tbk, or with the Major Shareholders and Controlling
Shareholders of PT Wahana Ottomitra Multiartha Tbk.
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Name Work Experience Background
Independent Commissioner of PT Maybank Asset Management
Appointed as a member of the Integrated Good Corporate Governance since the Board of Commissioners
meeting on 22 July 2022.
Educational background
Indonesian citizens. He has a Master of Business Administration degree in International Finance from Brandeis
University, United States and a Bachelor of Economics degree from the University of Indonesia.
Work Experience
Freddy Hendradjaja
He was appointed as Independent Commissioner of PT Maybank Asset Management in June 2022. He has
more than 20 years of experience in the capital markets industry, including serving as Portfolio Manager
at Bahana TCW Investment Management, Head of Alternative Investments at Danareksa Investment
Management, Associate Director at Danareksa Capital, and Chief Investment Officer at Lippo Securities.
Currently he also serves as Co-founder & Commissioner/Chairman of the Board of the P2P lending company
PT Kredit Plus Teknologi (Pinjam Gampang).
He has a license as a Securities Underwriter Representative (WPEE) and Securities Broker-Dealer
Representative (WPPE) based on a decision from the Financial Services Authority (OJK).
Concurrent Positions
-
Affiliate Relations
He does not have any affiliated, financial, management, and family relationship with other members of The
Board of Commissioners, members of The Board of Directors, nor with Majority and Controlling Shareholders.
Independent Commissioner of PT Asuransi Etiqa Internasional Indonesia
Appointed as a member of the Integrated Good Corporate Governance since the Board of Commissioners
meeting on 31 October 2022.
Background Education
Indonesian citizen, born in 1959, domiciled in Depok. He obtained a Bachelor of Economics degree, Faculty of
Economics from the University of Indonesia (1985) and holds a Master in Management Accounting, faculty of
Economics, University of Indonesia, Depok (1990).
Didit Mehta Pariadi
Work Experience
Currently as Independent Commissioner of PT Asuransi Etiqa Internasional Indonesia and Commissioner of PT
Dharma Bandar Mandala, a domestic air cargo and logistics services company.
He started his career as a Senior Auditor at the Coopers & Lybrand Public Accounting Firm in 1985 - 1987. Then
he started at the Senior Management level as a Member of the Board of Directors at a National consulting
services company (PT REDECON), national logistics and domestic express and courier services (PT Sekupang
Makmur Abadi and PT Yapindo Transportama). His career in the General Insurance sector began in 2016 as an
Independent Commissioner and Chairman of the Audit Committee at PT Asuransi Jasa Indonesia ("Jasindo"),
2 years later he was appointed Director of Finance & Investment (2018-2020) and finally became President
Director of PT Asuransi Jasa Indonesia (2020 - 2021).
Concurrent Positions
-
Affiliate Relations
He does not have any affiliated, financial, management, and family relationship with other members of The
Board of Commissioners, members of The Board of Directors, nor with Majority and Controlling Shareholders.
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Term of Office In terms of conducting evaluations, the Integrated Good
The term of office of the members of the IGCG Committee Corporate Governance Committee is authorised to
shall not exceed the term of office of each member as request information from the Work Units below, namely in
stipulated in the Articles of Association of each FSI, unless the form of evaluation results on the implementation of
the member concerned resigns from membership of the Integrated Good Corporate Governance:
this committee, or no longer working at the FSI company a. integrated compliance function from SKKT;
Member of the MIFC b. integrated intern audit function from SKAIT;
c. integrated risk management implementation from
Independence of the Integrated Governance Committee SKMRT;
All members of the IGCG Committee have met all d. integrated minimum capital requirement;
independence criteria and are able to carry out their e. and other matters related to the implementation
duties independently, uphold the interests of the company of integrated governance in Maybank Indonesia
and cannot be influenced by any party. Financial Conglomeration.
Concurrent Positions The Chairman of the Integrated Good Corporate
Membership of Independent Commissioners, independent Governance Committee shall make and submit
parties, and members of the Sharia Supervisory Board a report to the Bank’s Board of Commissioners on
as referred to in Article 17 paragraph (1) OJK Regulation each implementation of its duties accompanied by
No. 18/POJK.03/2014 on the Integrated Good Corporate recommendations (if necessary, in terms of obtaining
Governance in the Financial Conglomeration shall not be approval).
counted as concurrent positions.
Integrated Governance Committee Meetings in 2025
Responsibilities and Authorities of the Integrated The implementation policy of the Integrated Good
Governance Committee Corporate Governance Committee within MIFC is as
The duties and responsibilities of the Integrated Good follows:
Corporate Governance Committee include evaluating a. Integrated Good Corporate Governance Committee
the implementation of the Integrated Good Corporate meetings are held in accordance with the provisions
Governance Committee duties and responsibilities which required by OJK Regulation No. 18/POJK.03/2014 the
include: needs of MIFC, at least 1 (one) time every 1 (one)
a. Evaluate the implementation of the Integrated Good semester. In 2025, the IGCG Committee held 4 (four)
Corporate Governance Committee by Member FSIs meetings, thus exceeding the requirements set out in
and the Main Entity, through: OJK Regulation No. 18/POJK.03/2014.
• Assessment of the adequacy of internal control, b. Meetings may be held if attended by more than 50% of
• Implementation of integrated compliance and the Integrated Good Corporate Governance members;
intern audit functions, and c. Meeting decisions were made based on the principle
• Implementation of the Integrated Good Corporate of deliberation to reach consensus. In the event that
Governance. deliberation to reach consensus is not achieved,
b. Provide recommendations to the Board of decisions shall be made by voting based on the
Commissioners of the Main Entity on the results of the affirmative votes of more than 50% of the Committee
evaluation of the implementation of the Integrated Members present.
Good Corporate Governance Committee; d. Dissenting opinions occurring in the meeting and the
c. Provide recommendations to the Board of reasons for the differences shall be clearly stated in
Commissioners of the Primary Entity for the the minutes of the meeting.
improvement of the Integrated Good Corporate e. Minutes of Meeting shall be prepared by the Integrated
Governance Guidelines; Good Corporate Governance Secretariat or by a
d. Organising Integrated Good Corporate Governance person present at the Meeting appointed by the
Committee meetings on a regular basis. Chairman of the Meeting and shall be signed by all
Integrated Good Corporate Governance Committee
Members present at the relevant Meeting.
f. The Integrated Good Corporate Governance
Committee Meeting may be conducted through
electronic media.
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During 2025, the MIFC Integrated Good Corporate 23 July 2025
Governance Committee Meeting was held 4 (four) times,
therefore the committee meeting was held exceeding 1. Request for rating recommendation for submission of:
the minimum number specified in OJK Regulation No.18/ a. Integrated Governance Implementation
POJK.03/2014 and in the MIFC Integrated Good Corporate Assessment Report for semester I – 2025;
Governance Committee Charter, namely 1 (one) time b. Integrated Minimum Capital Adequacy Report as
every semester. of 30 June 2025;
c. Integrated Risk Profile Report for semester I – 2025.
The agenda of the Integrated Good Corporate 2. Submission of Integrated Risk Appetite Statement
Governance Committee Meeting in 2025 is as follows: (“RAS”) Monitoring Q2 2025;
3. Implementation Report of Integrated Compliance
("SKKT") and Integrated AML/CFT Working Unit, and
15 January 2025 Whistleblowing Statistics for second Quarter - 2025.
4. Implementation Report of Integrated Internal Audit
1. Request for rating recommendation for submission of: Working Unit (SKAIT) for second Quarter - 2025.
a. Integrated Governance Implementation
Assessment Report for semester II – 2024;
b. Integrated Minimum Capital Adequacy Report as 22 October 2025
of 31 December 2024;
c. Integrated Risk Profile Report for semester II – 2024. 1. Submission of the Integrated Cyber Security
2. Submission of Integrated Risk Appetite Statement & resilience Framework of the MBI Financial
(“RAS”) Monitoring Q4 2024; Conglomeration;
3. Implementation Report of Integrated Compliance 2. Update Project Majestic “Financial Holding Company
("SKKT") and Integrated AML/CFT Working Unit for 4th (FHC);
Quarter – 2024. 3. Submission of:
4. Implementation Report of Integrated Intern audit a. Integrated Risk Appetite Statement (“RAS”)
Working Unit (SKAIT) for 4th Quarter - 2024. Monitoring Q3 2025;
b. Annual Review of the Policy on the Implementation
6 May 2025 of Integrated Risk Management for Maybank
Indonesia Financial Conglomeration 2025.
1. Request for recommendation to submit the Annual 4. Implementation Report of Integrated Compliance
Report on the Implementation of IGCG MIFC in 2024. ("SKKT") and Integrated AML/CFT Working Unit, and
2. Request for: Whistleblowing Statistics for third Quarter - 2025;
a. Recommendation Annual Review of Integrated Risk 5. Implementation Report of Integrated Internal Audit
Appetite Statement (RAS) FY 2025; Working Unit (SKAIT) for third Quarter - 2025.
b. Integrated Risk Appetite Statement (“RAS”)
Monitoring of Q1 2025.
3. Implementation Report of Integrated Compliance
("SKKT") and Integrated AML/CFT Working Unit, and
Whistleblowing Statistics for first Quarter - 2025.
4. Implementation Report of Integrated Intern audit
Working Unit (SKAIT) for first Quarter - 2025.
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Frequency and Attendance of Integrated Governance Committee Meetings
During 2025, the Integrated Governance Committee held four meetings. The frequency and attendance of each
member of the Integrated Governance Committee were as follows.
Number of
Meeting
Nama Position in FI Position in Committee meetings Percentage
Frequency
attended
Hendar* Independent Commissioner Chairman also Member 1 1 100%
of Maybank Indonesia
Daniel James Rompas Independent Commissioner Chairman also Member 3 3 100%
of Maybank Indonesia
Marina R Tusin** Independent Commissioner Member 3 3 100%
of Maybank Indonesia
Irma Savitry Independent Party of Member 4 4 100%
Maybank Indonesia
M. Sodikun SSB Member of Maybank Member 4 2 50%
Indonesia
I Nyoman Tjager*** President Commissioner/ Member 2 1 50%
Independent Commissioner
of PT Maybank Sekuritas
Indonesia
Umar Juoro Independent Commissioner Member 2 2 100%
of PT Maybank Sekuritas
Indonesia
Herwan Ng Independent Commissioner Member 4 3 75%
of PT Maybank Indonesia
Finance
Myrnie Zachraini Tamin**** Independent Commissioner Member 3 2 67%
of PT Wahana Ottomitra
Multiartha, Tbk
Rallyati Arianto Wibowo***** Independent Commissioner Member 1 1 100%
of PT Wahana Ottomitra
Multiartha, Tbk
Freddy Hendradjaja Independent Commissioner Member 4 4 100%
of PT Maybank Asset
Management
Didit Mehta Pariadi P Independent Commissioner Member 4 4 100%
of PT Asuransi Etiqa
Internasional Indonesia
Notes:
*)
The term of office as Chairman also a member of the IGCG Committee is based on the Board of Directors’ Decree dated 15 April
2025.
**)
Appointed as a Member of the IGCG Committee pursuant to the Board of Directors’ Decree dated 15 April 2025.
***)
The term of office ended at the closing of the Extraordinary General Meeting of Shareholders of PT Maybank Sekuritas Indonesia
held on 4 June 2025.
****)
The term of office ended at the closing of the Annual General Meeting of Shareholders of PT Wahana Ottomitra Multiartha Tbk held
on 28 March 2024, and subsequently ended on 30 September 2025.
*****)
Appointed as a Member of the IGCG Committee pursuant to the Board of Directors’ Decree dated 6 October 2025.
Implementation of the Integrated Governance Committee's Duties in 2025
During 2025, the Integrated Good Corporate Governance Committee focused its activities on supervising and
evaluating, among others, the following matters:
1. Providing recommendations related to the submission of half year and annual Integrated Governance
Implementation Reports to OJK;
2. Providing recommendations related to the submission of half year Risk Profile Report and Minimum Capital
Adequacy Report to OJK;
3. Providing recommendations in terms of appointment and changes in the composition of the IGCG Committee
members in order to fulfill the representation of members from each FSI member of the Financial Conglomeration;
4. Provide recommendations in terms of reporting to the regulator in the event of changes to the members and
membership of the MIFC FSI;
5. Supervise and provide recommendations on the implementation of the integrated work units that have been
established in order to support the implementation of supervision by the IGCG Committee, including the Integrated
Internal Audit Work Unit, Integrated Compliance Work Unit and Integrated Risk Management Work Unit. Reports on
the implementation of the functions of each of these working units were reported periodically to the Integrated Good
Corporate Governance.
6. Periodic evaluation of the framework of Integrated Risk Management Work Unit and Integrated Capital Management
Procedure.
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INVESTIGATION & WHISTLEBLOWING GOVERNANCE COMMITTEE
Based on the spirit of implementing Good Corporate Governance, Maybank Indonesia has implemented Anti Fraud
strategy, among others by developing policy and mechanism for handling complaints (Whistleblowing) to improve the
effectiveness of the implementation of fraud control system.
On 11 May 2021, Bank has established a Whistleblowing Governance Committee with the objective to ensure
whistleblowing reports are followed up with adequate attention, independence, investigation and remedial action, where
necessary. In order to improve the oversight of investigation & whistleblowing governance function, PT Bank Maybank
Indonesia Tbk (“Maybank Indonesia”) needs to establish the Investigation and Whistleblowing Governance Committee.
The establishment was recommended at the Whistleblowing Governance Committee Meeting held on 7 May 2025
and subsequently approved by the Board of Commissioners on 16 May 2025. It was formally stipulated on the Board of
Directors’ Decree No. SK.2026.002/PRESDIR dated 14 January 2026.
Legal Basis
• Law of the Republic of Indonesia No. 21 of 2011 on the Financial Services Authority;
• OJK Regulation No. 17 Year 2023 dated 14 September 2023 regarding Implementation of Good Corporate Governance
for Commercial Banks;
• Circular Letter of the Financial Services Authority (SE OJK) No. 13/SEOJK.03/2017 dated 17 March 2017 concerning the
Implementation of Governance for Commercial Banks;
• OJK Regulation Number 12 of 2024 concerning the Implementation of Anti Fraud Strategies for Financial Service
Institutions; and
• Other relevant laws and regulations
Investigation & Whistleblowing Governance Committee Charter
The Bank’s Investigation & Whistleblowing Governance Committee has a Charter or Guidelines that contains objective,
membership (composition, qualifications and membership period), duties and responsibilities, authorities, working and
meeting procedures, reporting and its evaluation.
Structure and Membership
The composition of the Investigation & Whistleblowing Governance Committee as of 31 December 2025 is as follows:
No. Name Position in the Company Position in the Committee
1 Putut Eko Bayuseno Independent Commissioner Chairman and Member
2 Hendar Independent Commissioner Alternate Chairman and Member
3 Marina R Tusin Independent Commissioner Member
4 Yessika Effendi Director, Legal, Compliance, Corporate Secretary and Member
Anti Fraud
5 Irvandi Ferizal Director, Human Capital Member
6 Effendi Director, Risk Management Member
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Term of Office
The term of office of the members of the Investigation & Whistleblowing Governance Committee shall not exceed the
term of office of each member, unless the member concerned resigns from membership of this Committee, or no
longer works for the Company, or if the Board of Commissioners decides to change the composition of the Committee
membership (whichever occurs first).
Independence
The Investigation & Whistleblowing Governance Committee Charter stipulates that the Chairman and Substitute
Chairman are from Independent Commissioners, hence the independence criteria of the membership composition has
been met.
Duties and Responsibilities
The Investigation & Whistleblowing Governance Committee is responsible for:
a. Review and assess the adequacy of policies and procedures related to whistleblowing.
b. Evaluate the follow up of whistleblowing reports in terms of steps of investigation, the closure, and to make
recommendations, where required
c. Review whistleblowing indicators such as the statistic on reports received from the whistleblowing channels, nature
of the reports received, trend analysis, reports under follow up process and closure of reports.
d. Evaluate the effectiveness of investigation process and to make recommendations (where required).
Implementation of Duties of the Investigation & Whistleblowing Governance Committee
Throughout 2025, the Investigation & Whistleblowing Governance Committee has conducted activities in the form
of supervision and evaluation as well as review of Whistleblowing indicators, including statistics on reports received
from Whistleblowing channels, types of reports, trend analysis, reports that are in the follow up process and closure of
reports, and effectiveness of investigation process along with the recommendation (where necessary) as part of the
Investigation &, as part of the Investigation & Whistleblowing Governance Committee meeting agenda.
Meetings and Attendance Rate
Based on the Investigation & Whistleblowing Governance Committee Charter, Committee Meetings are held every
quarter but can be held at any time if necessary. Throughout 2025, the Investigation & Whistleblowing Governance
Committee Meeting was held 4 (four) times with the following attendance rates:
No. Name 9 January 2025 7 May 2025 17 July 2025 15 October 2025 Attendance Rate
1 Putut Eko Bayuseno √ √ √ √ 100%
2 Hendar √ √ √ √ 100%
3 Marina R Tusin √ √ √ √ 100%
4 Yessika Effendi √ √ √ √ 100%
5 Irvandi Ferizal √ √ √ √ 100%
6 Effendi √ √ √ √ 100%
Member Training Program
As presented in the profile of each member in this annual report.
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INFORMATION AND TECHNOLOGY OVERSIGHT - OJK Circular Letter No. 21/SEOJK.03/2017 dated 6 June
COMMITTEE 2017 regarding Implementation of Risk Management
Good Corporate Governance (GCG) is crucial in improving in the Use of Information Technology by Commercial
the Bank’s performance, protecting the interests of Banks.
stakeholders and enhancing compliance with prevailing - OJK Circular Letter No. 29/SEOJK.03/2022 dated
laws and regulations and ethical values. 27 December 2022 regarding Cyber and Security
Resilience for Commercial Banks.
To support the implementation of GCG principles and - BI Regulation No. 2 Year 2024 dated 18 April 2024
improve the effectiveness of the supervisory function regarding Information System Security and Cyber
performed by the Board of Commissioners, the Bank may Resilience for Payment System Providers, Money
establish Committees. Market and Foreign Exchange Market Players, and
Other Parties Regulated and Supervised by Bank
The Information and Technology Oversight Committee Indonesia.
(IT Oversight Committee) is a committee that assists the - BI Regulation No. 22/23/PBI/2020 dated 29 December
Board of Commissioners in carrying out its supervisory 2020 regarding Payment System.
function. - BI Regulation No. 23/6/PBI/2021 dated 1 July 2021
regarding Payment Service Provider.
This committee was established by and responsible to the - OJK Regulation No. 21 Year 2023 dated 22 December
Board of Commissioners on 29 August 2022 in accordance 2023 regarding Digital Services by Commercial Banks.
with the approval of the IT Oversight Committee Charter
by the Board of Commissioners. Information and Technology Oversight Committee
Charter
Legal Basis To support the implementation of the IT Oversight
- OJK Regulation No. 33/POJK.04/2014 concerning Committee’s duties, the Bank has established the IT
Directors and BOC of issuer or public company. Oversight Committee Charter which regulates the
- OJK Regulation No. 17 Year 2023 dated 14 September following matters:
2023 regarding Good Corporate Governance for 1. Purpose
Commercial Banks. 2. Duties, Responsibilities & Authority
- OJK Circular Letter No.13/SEOJK.03/2017 dated 17 3. Structure & Membership
March 2017 regarding Good Corporate Governance for 4. Meetings, Quorum & Decision Making
Commercial Banks. 5. Term of Services
- OJK Regulation No. 11 /POJK.03/2022 dated 6 July 6. Performance Evaluation Mechanism
2022 regarding the Implementation of Information 7. Review Period
Technology by Commercial Banks. 8. Committee Secretary
9. Charter Approval
10. Confidentiality
11. Compliance to the Law and Regulation
Structure and Membership
The composition of the IT Oversight Committee as of 31 December 2025 is as follows:
No. Name Position in the Company Position in Committee
1 Dato’Zulkiflee Abbas Abdul Commissioner Chairman
Hamid
2 Edwin Gerungan Commissioner Member
3 Datuk Lim Hong Tat Commissioner Member
4 Daniel James Rompas Commissioner Member
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Term of Office Implementation of IT Oversight Committee Duties 2025
The term of office of the IT Oversight Committee members During 2025, the IT Oversight Committee focused its
may not exceed the term of office of the Board of activities on supervising and evaluating, among others, on
Commissioners as stipulated in the Articles of Association. the following matters:
Replacement of IT Oversight Committee members must 1. The first meeting of the IT Oversight Committee on 14
be approved by the Board of Commissioners. The number January 2025
of members of the IT Oversight Committee is at least 3 2. The second meeting of the IT Oversight Committee on
(three) people, so that any vacancy in the position of a 28 February 2025
member must be filled immediately within a period of no 3. The third meeting of the IT Oversight Committee on 10
later than 3 (three) months. April 2025
4. The fourth meeting of the IT Oversight Committee on 15
Independence May 2025
The IT Oversight Committee must be entirely independent 5. The fifth meeting of the IT Oversight Committee on 20
from the influence of the Board of Directors and June 2025
accountable only to the Board of Commissioners. 6. The sixth meeting of the IT Oversight Committee on 21
Independence is one of the main criteria that must be July 2025
possessed by members of the IT Monitoring Committee. 7. The seventh meeting of the IT Oversight Committee on
25 September 2025
Duties and Responsibilities 8. The eighth meeting of the IT Oversight Committee on
1. Review the Company’s technology planning and 20 October 2025
strategy. 9. The ninth meeting of the IT Oversight Committee on 21
2. Evaluate significant technology investments and November 2025
expenditures. 10. Provide the IT Oversight Committee report at the BOC
3. Monitor and evaluate existing and future technology meeting on 26 March 2025, 22 August 2025, and 24
trends that may affect the Company’s strategic plan, December 2025.
including monitoring overall industry trends.
4. Receive reports from management on the Company’s
technology operations including, among others,
software development project performance, technical
operation performance, technology architecture and
significant technology investments.
5. Provide recommendations regarding information and
technology policies to the Board of Commissioners for
approval.
6. Carry out other activities in accordance with the
Charter and Articles of Association of the Company.
Meeting and Attendance
Number of
Name Position Attendance Percentage
Meeting
Dato’Zulkiflee Abbas Abdul Hamid Ketua Komite 9 9 100%
Edwin Gerungan Anggota 9 8 89%
Datuk Lim Hong Tat Anggota 9 9 100%
Daniel James Rompas Anggota 9 9 100%
Training Program for Members
The profiles of each member can be found in this Annual Report.
544 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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REMUNERATION POLICY
Maybank Indonesia owns and implements remuneration • Prudential principle in the provision of remuneration
policies for members of the Board of Commissioners and based on performance and risk.
Board of Directors to encourage the principles of GCG • Fixed and Variable Remuneration
through a mechanistic and structured implementation • Performance Management
of strategic policies, including for the compensation and • Material Risk Taker (MRT)
benefits and other remuneration for Bank employees. • Information Disclosure
The implementation of the Bank’s remuneration system
always upholds the principle of competitiveness, fair The Bank conducts periodic reviews of the remuneration
and balanced, and risk-based and ensuring that policy to keep it in line with the industry developments
nobody receives rewards below the provisions set by the and the Bank’s strategy as well as prevailing provisions
government. from the regulators.
The Bank has prepared the directions of the policy and REMUNERATION POLICY FOR BOARD OF
adopts fair and competitive remuneration practices COMMISSIONERS AND BOARD OF DIRECTORS
in accordance to the contribution and performance of Maybank Indonesia implements remuneration policy
employees whilst taking into account the company’s for the Board of Commissioners and Board of Directors
sustainable financial capacity. Remuneration policies and based on recommendations from the Nomination
practices that are right on target will increase the return and Remuneration Committee which approved by the
on investment on human resources (Return on Investment Board of Commissioners. The recommendations include
on Human Capital Investment). The Bank always oversees procedures to review the remuneration structure, policy
the implementation of the remuneration policy and from and remuneration plan, and the terms and conditions for
time to time and makes the necessary amendments to the Board of Commissioners and Board of Directors to be
ensure the achievement of the company’s remuneration submitted to the General Meeting of Shareholders (GMS).
policy objectives, which ultimately to increase the
corporate value. In this regards, the Nomination and Remuneration
Committee ensures that remuneration decisions are
Maybank Indonesia regulates the Remuneration Policy in due observance of the risk and/or performance
in the Board of Directors Regulation NO.M.2022.010/ considerations, consistent with financial performance and
DIR HC - RODS which consists some basic principles of regulatory reserve provisions, the Bank’s future potential
remuneration, including: income, performance evaluation results, equality with
other similar banks, and the Bank’s long term target and
strategy.
Procedures for Determining Board of Commissioners Remuneration
Nomination and
01 02 Board of 03 General Meeting of 04 Board of
Remuneration Commissioners Shareholders Commissioners
Committee Remuneration
The Nomination and The Board of The GMS determines The distribution of
Remuneration Committee Commissioners studies remuneration for remuneration to
provides recommendations the recommendations members of the Board members of the Board
and proposals for the and proposed of Commissioners and of Commissioners in
Board of Commissioners’ remuneration of the Board authorises the accordance with
remuneration in of Commissioners and President Commissioner to GMS decision.
accordance with proposes them to the GMS carry out its distribution to
their functions and for approval. each member of the Board
responsibilities as well as of Commissioners.
remuneration standards
for positions and similar
industries in the market,
to be submitted to the
GMS through the Board of
Commissioners.
BOARD OF COMMISSIONERS REMUNERATION STRUCTURE (FEE STRUCTURE)
In carrying out its duties and responsibilities, the Board of Commissioners receives remuneration packages in kind,
including salaries and other fixed income, among other benefits including transportation allowances and other forms of
remuneration based on the Bank’s provisions, as well as other facilities in kind/non-kind, namely other non-permanent
income, which may or may not be owned.
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The Remuneration package and facilities (fee structure) received by the Board of Commissioners consists of
remuneration structure and details of nominal amount, as described in the table below:
Amount Received in 1 (One) Year
Type of Remuneration and Facilities Board of Commissioners
Persons In Million Rp
Remuneration (salary, bonus, routine allowance, tantiem, and other
9* 21,758
facilities in the form of cash)
Other facilities in kind form (housing, health insurance, and others)
which:
5 2,231
a. with transferable ownership;
b. with non-transferable ownership
TOTAL 9* 23,989
*) One Commissioner’s term of assignment ended on 11 April 2025
The Remuneration Package which is grouped based on the income level received by the Board of Commissioners
members in 1 (one) year, as shown in the table below:
Amount Received in 1 (One) Year
Type of Remuneration and Facilities Board of Commissioners
Persons In Million Rp
Remuneration (salary, bonus, routine allowance, tantiem, and other
9* 21.758
facilities in the form of cash)
Other facilities in kind form (housing, health insurance, and others)
which:
5 2.231
a. with transferable ownership;
b. with non-transferable ownership
TOTAL 9* 23.989
The Remuneration Package grouped as income level received by the Board of Commissioners members in 1 (one) year
is as shown in the table below:
Amount of Remuneration per Person in 1 (One) Year *) Number of Commissioners
Above Rp5 billions -
Above Rp2 billion to Rp5 billion 8
Above Rp1 billion to Rp2 billion -
Above Rp500 billion to Rp1 billion -
Under Rp500 million -
Notes: *) received in cash
The number of Board of Commissioners who received Variable Remuneration within 1 (one) year and total nominal
amount as shown in the table below:
Amount Received in 1 (One) Year
Remuneration Deemed Variable Board of Commissioners
Persons In Million Rp
Total 0 0
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Procedures for Determining Board of Directors Remuneration
Nomination and
01 02 Board of 03 General Meeting of 04 Board of Directors
Remuneration Commissioners Shareholders Remuneration
Committee
The Nomination and The Board of The GMS determines The distribution of
Remuneration Committee Commissioners studies remuneration for members remuneration to members
provides recommendations the recommendations and of the Board of Directors of the Board of Directors in
and proposals for Board proposed remuneration of and authorises the Board accordance with
of Directors remuneration the Board of Directors and of Commissioner to carry GMS decision.
based on the formula proposes them to the GMS out its distribution to each
which refers to the Bank’s for approval. member of the Board of
internal policies, applicable Directors.
external regulations,
comparisons in the banking
industry, the performance
of the Board of Directors
and taking into account
the Bank’s performance,
to be submitted to the
GMS through the Board of
Commissioners.
STRUCTURE OF BOARD OF DIRECTORS REMUNERATION
In carrying out their duties and responsibilities, the Board of Directors receives remuneration packages in kind, including
salaries and other fixed income, allowances (benefits) based on the Bank’s provisions and other forms of remuneration
as well as other facilities in kind/non-in kind, namely irregular income and other facilities, which may or may not be
owned.
The Remuneration Package and facilities received by the Board of Directors consists of remuneration structure and
details of nominal amounts, as described in the table below:
Amount Received in 1 (one) Year
Type of Remuneration and Facilities Board of Directors
Persons In Million Rp
Remuneration (salary, bonus, routine allowance, tantiem, and other
10 90,641
facilities in the form of cash)
Other facilities in kind form (housing, health insurance, and others)
which:
10 5,330
a. with transferable ownership;
b. with non-transferable ownership
TOTAL 10 95,970
The Remuneration Package grouped as income received by the Board of Directors members in 1 (one) year is shown in
the table below:
Amount of Remuneration per Person in 1 (One) Year *) Number of Directors
Above Rp5 billions 10
Above Rp2 billion to Rp5 billion -
Above Rp1 billion to Rp2 billion -
Above Rp500 billion to Rp1 billion -
Under Rp500 million -
Notes: *) received in cash
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The number of Directors who received variable remuneration for 1 (one) year and the nominal stated in the table below:
Amount Received in 1 (one) Year
Type of Remuneration and Facilities Board of Directors
Persons In Million Rp
TOTAL 10 38,383
BOARD OF DIRECTORS PERFORMANCE INDICATOR FOR REMUNERATION DETERMINATION
The criteria used in assessing the performance of the Board of Directors refers to the strategy as well as the Bank’s
business and operational plans in the current year. The KPIs used for the performance assessment of the Board of
Directors in 2025 are provided below:
Aspects Indicators
Financial Performance Bank’s financial performance and portfolio growth, which includes profits earned and revenue
generated, credit growth including the quality of credit management, growth of third-party
funds, productivity ratio and cost management to improve efficiency.
M25+ Implementation and Bank's commitment to transform and implement the M25+ strategy to increase Bank's
Transformation productivity, which includes project initiation, continuous process improvement, human
resource management, management of customer satisfaction which measured by Bank's
promoter scores and customer engagement index.
Risk Management Bank's commitment to governance and compliance to the regulations as well as managing
credit risk, operational risk, and cyber-attack risk to ensure that it is always within the
acceptable tolerance level.
Assessment for the Board of Directors Performance
The Nomination and Remuneration Committee evaluates and recommends the BOD’s Balanced Scorecard to be
approved by the Board of Commissioners, and review the overall performance based on the agreed Balance scorecard.
The Bank’s strategic objectives are converted into Key Performance Indicators (KPI’s) that are agreed upon by the BOD
and handed down to all levels to develop and implement work plans that are aligned with the strategy and coordinating
with one and another in order to achieve the Banks’s Performance target.
The Directors KPI in 2025 were approved in a BOC Meeting and the development of the Bank’s performance was
monitored regularly through financial and business performance reports.
Remuneration for Material Risk Taker (MRT)
Details of the amount of remuneration provided in 1 (one) year include:
1) Fixed remuneration and variable remuneration;
2) Deferred and non-deferred remuneration; and
3) forms of remuneration provided in cash and/or shares or share-based instruments issued by the Bank, as in the
table below:
A. Total Remuneration
1. Cash (in million Rupiah) 121,912
2. Shares/share-based instruments issued by the Bank 436
B. Fixed Remuneration *)
1. Cash (in million Rupiah) 58,477
2. Shares/share-based instruments issued by the Bank -
Note: *) Only for MRT and in million Rupiah
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C. Variable Remuneration *)
Not Deferred Deferred
1. Cash (in million Rupiah) 59,510 3,924
2. Shares/share-based instruments issued by the Bank 436
Note: *) Only for MRT and in million Rupiah
Quantitative information on the following:
1) Total remaining deferred remuneration exposed to both implicit and explicit adjustment;
2) Total reduction in remuneration caused by explicit adjustments during the reporting period; and
3) Total reduction in remuneration arising from implicit adjustment during the period under review, as in the table
below:
Total Reduction during Reporting Period
Deferred
Type of Variable Remuneration *) Explicit Explicit
Amount Total
Adjustment Adjustment
(A)+(B)
(A) (B)
Cash
5,280 - - -
(in million Rupiah)
Shares/share -based instruments issued by the Bank
(in number of shares and/or in nominal millions, 596 - - -
conversion value of shares)
Note: *) Only for MRT
REMUNERATION PAID TO MEMBERS OF THE NOMINATION AND REMUNERATION COMMITTEE FOR
1 (ONE) YEAR
No remuneration is paid to members of the Nomination and Remuneration Committee other than those paid monthly as
a Commissioner or an Executive Officer.
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COMMITTEES OF THE BOARD OF DIRECTORS
RISK MANAGEMENT Structure and Membership
COMMITTEE Member
The Risk Management
Chair President Director
Committee (RMC) is a
Vice Chairman/Member Risk Management Director
committee established
by and responsible to the Member Finance Director/Alternate*1)
Board of Directors to assist Member Global Banking Director /Alternate*2)
the Board of Directors Community Financial Services (CFS)
Member
in carrying out the Risk Director /Alternate*3)
Management function. Legal & Compliance, Corporate Secretary Director
Member
/Alternate*4)
Destination Member Operations Director /Alternate*5)
The purpose of Member Human Capital Director /Alternate*6)
establishing the Risk
Member IT Director /Alternate*7)
Management Committee
Member Shariah Business Unit Director/Alternate*8)
is to assist the Board
of Directors in fulfilling
supervisory responsibilities Fixed Invitation
in relation to the rapid
Fixed Invitation Head, Internal Audit (SKAI)
development of the
Fixed Invitation Head, Enterprise Risk Management
financial services industry,
especially banking, and Fixed Invitation Head, Credit Risk Management
in order to effectively Fixed Invitation Head, Retail Credit Portfolio & Policy
manage increasingly Fixed Invitation Head, Non-Retail Credit Policy & Strategic Risk Management
the complex potential
Fixed Invitation Head, Operational Risk & Business Continuity
risks, as such the Risk
Fixed Invitation Head, Market, Liquidity & Treasury Credit Risk Management
Management Committee
(RMC) is needed in an Fixed Invitation Chief Information Security Officer
effort to determine, review
the implementation Non-permanent Invitation
and continuously
Non-permanent Invitation Internal parties of Bank Maybank Indonesia Group
improve the policies and
methodologies used to
manage the risk. Secretary
Secretary Enterprise Risk Management
Alternate
*1) Head, Financial Planning, Performance Management & Investor Relation
*2) Head, Business Planning, Performance, dan Embedded Risk Unit (ERU)/
Head, Local Corporate & Multinationals
*3) Head, CFS Non-Retail Credit Process/
Head, CFS Retail Credit Process/
Head, Business Planning
*4) Head, Compliance/
Head, Anti Fraud/
Head, Corporate Legal & Litigation
*5) Head, Delivery Channel & Cash Operation /
Head, Operation Processing Center
*6) Head, Business Human Capital
*7) Head IT Governance, Planning &PM
*8) Head, Sharia Process Development, Compliance & ERU
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Duties and Authorisations j. Approve new products and activities with reference to
a. Provide recommendations and/or approval of policies, the product and activity launch requirements.
strategies and guidelines for the implementation of k. To oversee and provide strategic direction to key
risk management of the Bank and its subsidiaries, business initiatives and projects and ensure they
including framework strategies, methodologies, receive the necessary support from all relevant units
systems and risk management tools including in Maybank Indonesia in line with the company’s
contingency plans and ensure their implementation objectives.
covering credit risk, operational risk, market risk, l. Providing ratification for material that has been
liquidity risk, legal risk, reputation risk, strategic risk and presented at a meeting outside the RMC and requires
compliance risk. RMC approval.
b. Provide recommendations on the improvement or m. Approve matters requiring ROC recommendation for
refinement of risk management implementation BOC approval.
based on the results of the evaluation of risk n. Carry out other responsibilities delegated by the BOD
management implementation. and ROC.
c. Provide recommendations on the determination of
matters related to business decisions that deviate Implementation of Risk Management Committee Duties
from normal procedures. during 2025
d. Conduct a comprehensive review of the Bank’s and In 2025, the Risk Management Committee regularly
subsidiaries’ portfolio on a regular basis and ensure reviewed and provided recommendations on various
that risk exposures are well managed. matters, among others:
e. Review stress testing scenarios and their risk impact 1. Updating of Risk Management Framework and Policy
on capital adequacy, profitability and asset quality and its implementation.
and recommend necessary corrective actions. 2. Updating and monitoring of the Risk Appetite
f. Review and approve the Recovery Plan (RCP) for the Statement
bank’s readiness to face any risks and crisis conditions 3. Updating and monitoring of Enterprise Risk Dashboard
that may occur can be addressed quickly and 4. Update from Embedded Risk Unit (ERU)
appropriately. 5. Stress Test both related to Regulator, Group and
g. Examining the application of Environmental internal Bank requests.
Social Governance (ESG) principles in business 6. Bank Health Level, Risk Profile including Minimum
and investment practices that integrated with the Capital Adequacy (CAR) in accordance with Risk
implementation of the principles of environmental Profile and reporting to the regulator
conservation, social responsibility and good 7. Sharia Supervisory Board Report
governance. 8. Compliance and regulatory updates
h. Approve strategic actions arising from external 9. Update on the progress of follow-up on Regulatory
regulations that impact risk management practices. findings
i. Approve corrective measures to address risk issues 10. Cyber Security Evaluation Report (OJK Circular
that come to the attention of Bank Indonesia (BI) and/ Resolution 29) & Digital Maturity Assessment Bank
or the Financial Services Authority (OJK). (OJK Circular Resolution 24)
11. Vulnerable Account Process
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ASSET & LIABILITIES MANAGEMENT (ALM) DAN ASSET & LIABILITIES MANAGEMENT COMMITTEE
(ALCO)
Assets & Liabilities Management (ALM)
Assets & Liabilities Management is one of the key components in the management of the Bank. ALM is a critical financial
and risk management discipline, which is applied to the Bank’s on and off balance sheet positions to maintain a risk-
reward profile that will generate the best value for shareholders. ALM is intended to manage and control the Bank’s on
and off balance sheet by identifying, measuring and managing the risks inherent in the on and off balance sheet and
income statement.
There are two aspects of the ALM function:
1. Decision-making function: Assets & Liabilities Management Committee (ALCO)
2. ALM support function: ALM-related Work Units
Assets & Liabilities Management Committee (ALCO)
ALCO is a committee established and accountable to the Board of Directors of PT Bank Maybank Indonesia Tbk (the
“Bank”) to support the Board in the development, implementation, monitoring, and evaluation of the Bank’s ALM strategy.
ALCO Structure and Membership
Every interested party must be a member of ALCO to ensure the effectiveness of ALCO. When required, other Senior
Management may be invited to the meetings.
The structure and membership of ALCO are as follows:
Member
Chairman President Director
Vice Chairman Director, Finance
Member Director, Risk Management/ Alternate 1)
Director, Global Banking/Alternate 2)
Director, Community Financial Services/Alternate 3)
Director, Sharia Banking/Alternate 4)
Head, Global Market
Head, Corporate Treasury
Permanent Invitee
Permanent Invitee Head, Community Distribution
Head, Economic Research & Industry Analyst
Head, FICC & Derivatives
Head, Corporate Treasury Liquidity Management
Head, Global Market Rates
Head, Market, Liquidity, & Treasury Credit Risk Management
Head, Treasury Trading Risk
Head, Balance Sheet Risk
Head, GB Business Planning Perfomance & ERU
Head, CFS Business Planning & Performance Management
Head, Sharia Community Financial Services
Head, Consumer
Head, Transaction Banking
Head, Financial Controller and Investor Relations
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Non-Permanent Invitee
Non-Permanent Invitee Work units other than those mentioned above to discuss specific topics (if needed)
Subsidiaries
Secretary
Secretary Head, Corporate Finance & Capital Management
ALCO Duties and Responsibilities m. Formulate and review strategies for managing market
The duties and responsibilities of ALCO are as follows: risk, IRRBB and liquidity risk in relation to the Bank’s
a. Provide strategic direction of ALM and ensure tactical balance sheet profile, capital position and funding
follow-up to create an evolving balance sheet structure.
structure to achieve performance objectives within n. Provide direction on the management of consolidated
defined risk parameters. assets and liabilities of subsidiaries to achieve the
b. Review the Bank-wide measurement methodologies Bank’s overall objectives.
for market risk (foreign exchange risk, interest rate risk o. Activate the Liquidity Contingency Plan (LCP) when
and securities valuation risk), interest rate risk in the conditions lead to a liquidity crisis, evaluate the
banking book (IRRBB), and liquidity risk. effectiveness of the Bank’s LCP after the crisis and
c. Approve the strategies for managing market interest assess the Bank’s new position and determine follow-
rate risk, IRRBB, liquidity risk, as well as the appropriate up strategies for restructuring the Bank’s balance
assets and liabilities management strategies. sheet.
d. Approve the limits related to market risk, IRRBB and
liquidity risk, and supervise and approve any limit In carrying out its duties and responsibilities, ALCO is
breaches in accordance with the applicable risk expected to review, analyze, and decide when necessary
management policies. on various items and ratios of on and off balance sheet,
e. Review and approve the framework, policies and market risk and liquidity positions, and market indicators
guidelines for internal transfer pricing. such as:
f. Supervise and manage the bank’s overall liquidity a. Current and expected future market and economic
position and interest rate risk on a consolidated basis. conditions.
g. Determine interest rates on earning assets and b. The size, structure and behavior of the balance sheet
liabilities to ensure that interest rates encourage in various currencies.
the achievement of optimum use of funds and cost c. The yield of net interest income.
of funds and fulfillment of liquidity management d. Exposure to interest rate risk, including limits thereon.
objectives, and to obtain a balance sheet structure e. The bank’s overall foreign exchange exposure
that is consistent with the ALM strategy (liquidity (structural and non-structural Net Open Position)
management and minimum reserve requirements). including the limit there in.
h. Ensure that strategies related to securities investments f. Liquidity risk and concentration risk positions, including
are aligned with the overall ALM strategy in order to limits.
achieve the Bank’s objectives. g. Treasury portfolio exposure and its risks.
i. Review the performance and risk profile of the h. Ratios and limits in accordance with relevant
securities investment portfolio. regulations, including the Risk Based Bank Rating
j. Managing the Bank’s investment portfolio. (RBBR) report from OJK - Bank Indonesia.
k. Approve hedging strategies for invested capital i. Determination of interest rates for assets and liabilities
and foreign currency gains to mitigate market risk (including proposed and reference interest rates).
exposure.
l. Approve new products in terms of interest rate setting
and matters relating to exposure to market and
liquidity risks.
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CREDIT COMMITTEE
The Bank established a Credit Committee to support the process of loan lending and program products in due regard
to the four-eyes principles. The purpose of the Credit Committee is to evaluate and make decisions on the following
matters:
a. Loan proposals including FX and Derivative facilities (either new, additional, or renewals).
b. Purchase/Sale marketable securities
c. Other approval memos (changes of the loan structure; loan amount; tenure, term and condition; collateral/ security;
pricing; and others).
d. Interbank limits
e. Adjustment over internal rating results.
f. Post approval monitoring.
g. Credit application proposed by MBI Mumbai branch (for KK1)
h. Loan proposal on related parties Bank (for KK1)
i. Other matters required by Credit Committee.
Duties and Responsibilities
a. The Credit Committee approves or rejects non-retail segment credit, RSME, Mortgage, and Joint Financing
applications, especially the provision of Joint Financing limits to multifinance companies.
b. Complying with and following all provisions of the Credit Risk (CRF), Level 2 Credit Policy (2a and 2b), Credit
SOP (Level 3), and Circular Letter as well as applicable Bank Indonesia (BI)/FSA regulations and laws relevant to
government laws and regulations.
c. Coordinating with the Assets and Liabilities Committee in terms of credit funding.
Structure and Membership
Structure Credit Committee (CC) 1 Credit Committee (CC) 2
Chairman President Director Director of Risk Management
Alternate Chairman Director of Risk Management Head, Credit Risk Management
Members - President Director - Global Banking Director
- Global Banking Director - CFS Director
- CFS Director - Shariah Banking Director
- Shariah Banking Director - Risk Management Director
- Risk Management Director - Finance Director (CFO)
- Finance Director (CFO) - Head of Credit Risk Management
- Head of Credit Risk Management - Head of related LOB
- Head of related LOB - Related Regional Director
- Related Regional Director
Meeting Quorum Chairman + 2 Business Directors Chairman + 2 Business Directors
Permanent Invitees Representative of Business Unit 1 level below the Director
Non-Permanent Invitees Based on Committee needs
Duties Implementation of in 2025
During 2025, the Credit Committee performed the following duties:
- Providing approval and rejection of applications of non-retail and mortgage segment loans carried out pursuant to
prevailing regulations.
- Ensured that the Bank always complies and follows all provisions of the Credit Risk Framework (CRF), Level 2 Credit
Policy (2a and 2b), Credit SOP (Level 3), and Circular Letter as well as applicable Bank Indonesia (BI)/FSA regulations
and laws relevant to government laws and regulations.
- Coordinate with the Assets and Liabilities Committee in terms of credit funding aspects.
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CREDIT RESTRUCTURING COMMITTEE
The Bank established the Credit Restructuring Committee in order to support the credit recovery and settlement process
with prudential principles and the application of the four-eyes principles.
Structure and Membership
CREDIT RESTRUCTURING CREDIT RESTRUCTURING Credit Restructuring Committee
Structure
COMMITTEE (CRC) 1 COMMITTEE (CRC) 2 (CRC) 3
Chairman President Director Risk Management Director Head, Credit Risk Management
Alternate Chairman Risk Management Director Head, Credit Risk Management Head, Credit Reviewer CFS
Member - President Director - Risk Management Director - Head, related LOB atau Head,
- Risk Management Director - Global Banking Director SME & Consumer Collection
- Global Banking Director - CFS Director atau Head, GB & BB Remedial
- CFS Director - Shariah Banking Director - Head, Credit Risk Management
- Shariah Banking Director - Finance Director (CFO) - Head, Credit Reviewer CFS
- Finance Director (CFO) - Head, Credit Risk Management - Head, SME Credit atau Head,
- Head, Credit Risk Management - Head, related LOB or Head, SME Credit Reviewer
- Head, related LOB or Head, SME & Consumer Collection or - Head, Shariah GB atau Head,
SME & Consumer Collection or Head, GB & BB Remedial Shariah CFS
Head, GB & BB Remedial - Related Regional Director - Related Regional Director
- Related Regional Director
Meeting Quorum Chairman + 2 Business Directors Chairman + 2 Business Directors Chairman
+
Permanent Invitee Business unit representative 1 level below Director Head, SME Credit atau Head, SME
Credit
Reviewer
+
Head Related LOB atau Head,
SME &
Consumer Collection atau Head,
GB &
BB Remedial
Non-Permanent Invitee As needed by the committee
Duties and Responsibilities
a. Approving or rejecting applications for the resolution and recovery of non-performing loans/securities.
b. Carrying out duties, particularly in granting approval for the resolution of loans/financing/non-performing securities,
with integrity, objectivity, diligence, and thoroughness in accordance with its competencies.
c. Rejecting requests and/or undue influence from parties with vested interests related to the applicant for loan/
financing/non-performing securities recovery that would result in merely formal approval.
d. Complying with and adhering to the provisions of the Credit Risk Framework (KKRK), Level 2 Credit Policies (2a and
2b), and Credit SOP (Level 3) for each segment, as well as other internal regulations, applicable Bank Indonesia (BI)/
OJK regulations, and relevant laws and government regulations.
Duties Implementation in 2025
Throughout 2025, the Credit Restructuring Committee was responsible for approving and rejecting requests related to
the settlement and recovery of non-performing loans/securities. The committee also ensured that the Bank remained
fully compliant with all provisions of the Credit Risk Framework (CRF), Credit Risk Framework (CRF), Credit Risk Framework
(CRF), Credit Policy Level 2 (2a and 2b), Credit SOP (Level 3) and Circular Letter. Additionally, it adheres to regulations
issued by Bank Indonesia (BI)/OJK as well as other relevant laws and government regulations
Additionally, the Credit Restructuring Committee evaluated and made decisions on the following matters:
a. Loan restructuring within the scope of credit recovery, including FX and Derivative facilities.
b. Acquisition or transfer of Assets/Collaterals (asset settlement/AYDA).
c. Sale/Transfer of Loans, Securities and Foreclosed asset (asset disposal).
d. Write-off and charge-off.
e. Updating the status of debtors managed by the Remedial team and debtors included in the credit restructuring
program.
f. Approval of memos related to changes in loan structure; loan amounts; repayment period; terms and conditions,
collaterals; pricing; etc.).
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INFORMATION AND TECHNOLOGY STEERING COMMITTEE In addition to regular
Referring to OJK Regulation No.11/POJK.03/2022 regarding the Implementation invitations, the IT Steering
of Information Technology by Commercial Banks, OJK Regulation No.17 of 2023 Committee can also invite
regarding the Implementation of Governance for Commercial Banks and SE OJK No. other officials related to
21/SEOJK.03/2017 regarding the Implementation of Risk Management in the Use of the subject matter to be
Information Technology by Commercial Banks, the IT Steering Committee is required to presented at the IT Steering
have an IT Steering Committee Charter. Committee meeting.
Membership and Invitation to the IT Steering CommitteeTI The IT Steering Committee
I. IT Steering Committee members and who have voting rights: meeting quorum is fulfilled
if it is attended by 7
No.
(seven) members of the
IT Steering Committee members and
who have voting rights
Alternate IT Steering Committee
(or alternate) who have
1. President Director – Chairman Director, Information Technology & Digital voting rights with the
2. Director, Information Technology & Director, Operations rule that the attendees
Digital – Co Chairman include a minimum of
Director, Risk Management
three (3) Directors and
3. Director, Finance Head, Financial Planning, Performance the Chairman or Co-
Management & Inv. Relation
Chairman.
Head, Financial Reporting
4. Director, Risk Management Director, Finance Authority and
Responsibility of
Director, Legal, Compliance, Corporate Secretary
& Anti Fraud Information and
Technology Steering
5. Director, Operations Head, Delivery Channel & Cash Operation
Committee
Head, Customer Experience Mgt The authority and
6. Director, Global Banking Head, Global Markets responsibility of the IT
Steering Committee
Head, Transaction Banking
is to provide
7. Director, Community Financial Head, Consumer
Services
recommendations to
the Board of Directors
8. Director, Legal, Compliance, Corporate Head, Compliance
Secretary & Anti Fraud which include:
Head, Financial Crime Compliance a. Information Technology
9. Director, Human Capital Head, Business Human Capital 1 Strategic Plan,
KKS Strategic Plan
Head, HC Operations
(Information System
10. Director, Sharia Business Unit Head, Sharia Process Dev, Compliance & ERU Security and Cyber
Head, Sharia Product Management Resilience), that is in
line with the Bank’s
II. Permanent invitees to the IT Steering Committee corporate plan. In
1) Head, Internal Audit (SKAI) terms of providing
2) Chief Information Security Officer recommendations, the
3) Head, IT Digital Delivery & Operations IT Steering Committee
4) Head, IT Community Financial Services Delivery & Operation considered the
5) Head, IT Global Banking Delivery & Operation factors of efficiency,
6) Head, IT Analytic, Reporting & Corporate Delivery effectiveness and the
7) Head, IT Infrastructure & Operation following matters:
8) Head, IT Governance, Planning & Project Management
9) Head, IT Security
10) Head, IT Enterprise Architecture & Platforms
11) Head, Digital Banking
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• Implementation plan (road-map) to achieve IT Duties Implementation 2025
requirements that support the Bank’s business Throughout 2025, the IT Steering Committee has carried
strategy. The road-map consists of the current out the following duties, among others:
state, the future state and the steps that will be • Conduct regular meetings 10 (ten) times to discuss
taken to achieve the future state. interests, initiatives and developments within the IT of
• Resources needed. Bank.
• Advantages/benefits to be gained when the plan is • Provide recommendations in terms of the Bank’s
implemented. strategic plan of IT development including the
• Obstacles that may arise in implementing the IT establishment of a road map, the adequacy of the
Strategic Plan. resources and process improvement.
b. Formulation of key IT policies, standards and • Provide recommendations in the formulation of key IT
procedures such as IT security policies and risk policies, standards and procedures.
management related to IT usage in the Bank. • To monitor the conformity of the IT projects plan and
c. Conformity between IT development/projects plan Bank’s business plan.
with the IT strategic plan including the suitability of • To monitor the implementation progress of IT projects
measures to mitigate risks. The IT Steering Committee with the initial project plan that have been appointed.
also determines the priority status of IT projects • Provide advice regarding measures to minimise the
that are critical (significant impact on the Bank’s risk of IT investments made by the Bank, including
operational activities) such as the replacement of core monitoring the use of IT project cost budget.
banking applications, production servers and network • Present a report on the state and condition of
topology. information technology systems used by the
d. Conformity between IT development/project Bank, in terms of security, availability, capacity
implementation and the agreed IT development/ and compatibility with the technology functions
project plan (project charter). The IT Steering determined and used by the Bank as a whole.
Committee should supplement recommendations • Evaluate the effectiveness of the Bank’s IT costs/
with analytical results of key IT projects to enable the investments to the contribution/achievement of the
Board of Directors to make efficient decisions. planned benefits.
e. Conformity between IT compliance with the needs of
management information systems that support the
management of the Bank’s business activities.
f. Evaluation of the effectiveness of the Bank’s IT costs/
investments towards the contribution/achievement of
benefits as planned.
g. Monitoring of IT performance, and efforts to improve
it for example by detecting IT obsolescence and
measuring the effectiveness & efficiency of IT security
policy implementation.
h. Resolving various IT-related problems that cannot
be resolved by the IT user and organiser work units
effectively, efficiently and in a timely manner.
i. Adequacy and allocation of the Bank’s resources
related IT. In the event that the resources are
inadequate and the Bank will use the services of other
parties in the implementation of IT, the IT Steering
Committee must ensure that the Bank has the
necessary policies and procedures.
j. Evaluate and approve the implementation of IT
projects that require an investment of more than 1
billion rupiah.
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INTERNAL AUDIT COMMITTEE Meeting Frequency and
In order to ensure that Management is aware of all significant internal audit findings Quorum
that require Management’s attention, Maybank Indonesia established an Internal 1. Meeting to be held
Audit Committee (IAC). The Internal Audit Committee also discusses the impact and periodically aligned
implications of the findings on the Bank, follows up on all significant internal audit with the schedule
findings and monitors and ensures that all improvement commitments are implemented to be aligned with
in a timely manner. the meeting of Audit
Committee that is
Internal Audit Committee Charter discussed on SKAI audit
The Internal Audit Committee Charter is set out in the IAC Charter which was updated in findings.
January 2025. 2. Meeting could be
done if it is attended
Structure and Membership by minimum 3 (three)
committee members/
Structure Position Holders
alternate to form a
quorum, and must
Chair Director of Finance1 1
be attended by
Member a. Director of Risk Management / Alternate 2 Committee Chairman/
c. Director of Legal, Compliance & Corporate Secretary & Anti-
alternate.
Fraud/ Alternate ³
d. Director of Human Capital / Alternate 4
Internal Audit Committee
Fixed Invitation Head, Internal Audit (SKAI)
Meeting 2025
Secretary Strategic Operations, Head (SKAI)
In 2025, the Internal
1. Director, Risk Management Audit Committee held
2. Head, Operational Risk & Business Continuity/Head, Enterprise Risk Management
10 meetings, where all
3. Head, Compliance/Head, Anti-Fraud
4. Head, Business Human Capital 2 meetings have met the
quorum requirements
Automatic membership shall apply to incumbents in the capacity of Acting Head. as specified in the IAC
Charter, with the agenda
Committee’s Duties and Responsibilities including the following:
The Committee has the following duties and responsibilities: 1. Discussion of internal
1. To ensure appropriate management response to audit findings and recommendation audit reports issued
(including assessing implications for the whole Bank). during the period of
2. To ensure that audit findings and recommendations are followed-up effectively and November 2024 to
in a timely manner. October 2025.
3. To ensure the effectiveness of follow – up management actions are implemented as 2. Presentations from
per audit recommendation. related units regarding
4. Undertake any other tasks as may be determined by Audit Committee. the status of follow-
up on internal audit
Committee Authorities, Rights and Obligation recommendations that
1. Members of Committee are authorised to directly communicate with any party require Management’s
related to the Committee’s duties. attention.
2. Committee shall be kept updated on significant audit matters. 3. Monitoring the status
3. Committee shall: of follow-up on internal
a. Discuss the summary of audit reports prior to submission to Audit Committee. audit findings.
b. Oversee the effectiveness of management action in respect of audit findings. 4. Discussion of requests
c. Follow-up and monitor the status of corrective actions on audit recommendation. for rescheduled
d. Review summary of outstanding audit findings and status. target date for
fulfilling commitments
to internal audit
recommendations
submitted by related
units.
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Task Implementation and Work Program Realization e) Employee training and development program
2025 framework and plan
No. Work Program Realisation f) Organisational structure and ranks
g) Development of a good working climate
1 Internal Audit Committee Meeting 9 January 2025
h) Development of corporate culture
2 Internal Audit Committee Meeting 6 February 2025 i) Employee relationship development and engagement
3 Internal Audit Committee Meeting 11 March 2025 j) HR policy alignment and synergy with subsidiaries
4 Internal Audit Committee Meeting 7 May 2025
Composition of the Human Capital Committee
5 Internal Audit Committee Meeting 17 June 2025 a. President Director as Chairman and Member
6 Internal Audit Committee Meeting 10 July 2025 b. Human Capital Director as Member
c. Director of Community Financial Services as Member
7 Internal Audit Committee Meeting 13 August 2025
d. Global Banking Director as Member
8 Internal Audit Committee Meeting 16 September 2025 e. Finance Director as Member
9 Internal Audit Committee Meeting 8 October 2025 f. Operations Director as Member
g. Risk Management Director as Member
10 Internal Audit Committee Meeting 11 November 2025
h. Director of Legal, Compliance & Corporate Secretary
as Member
HUMAN CAPITAL COMMITTEE i. Information Technology Director as Member
Maybank Indonesia established the Human Capital j. Shariah Business Unit Director as Member
Committee to review and change Human Resources (HR) k. Human Capital Executive as Secretary/Writer
policies on an ongoing basis. This HR policy review and
updates is also an effort to realise the implementation Duties and responsibilities of the Human Capital
of Good Corporate Governance through control Committee
mechanisms and implementation of strategic policies, a) Provide strategic direction by considering strategic
including in the areas of Learning and Development, Human Capital policies and directions to support the
Compensation and Benefit, Talent Management and other organisational activities and business development of
strategic areas. the Bank and its human resources.
b) Make decisions for Executive Officers and organise
The Bank also optimises its supervisory and advisory development programs for Executive Officers and
functions to provide strategic direction and essential talent employees.
decision making, develop new policies towards better c) Provide direction and make strategic decisions on
HR empowerment and support the Bank’s business policies related to Human Capital.
development, and resolve key HR issues that have
financial and/or reputational risk implications to the Bank. Human Capital Committee Activities 2025
Throughout the year 2025, the Human Capital Committee
Objective met 13 times, with agenda discussions covering strategic
The Human Capital Committee intended to assist the policy matters including Learning and Development,
Board of Directors in reviewing and providing strategic Compensation and Benefit, Talent Management and other
directions in the field of human resources of Maybank strategic areas.
Indonesia and its subsidiaries, including but not limited to:
a) General policy on employment
b) Employee remuneration and benefits (salary
increases, bonuses, retention programs, benefits, etc.)
c) Performance Appraisal Management
d) Talent Management (talent identification, succession
planning, talent development programs, etc.)
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HUMAN CAPITAL DISCIPLINARIAN COMMITTEE • Provide approval (ratification) of the sanctions
The Human Capital Disciplinary Committee is the highest proposed by the Employee Relations unit in
disciplinary committee at the corporate level, established accordance with the disciplinary action authority
by and accountable to the Board of Directors, to assist matrix.
the Board of Directors in carrying out its function of • Monitoring and evaluating the follow-up to the
reviewing, providing recommendations, and deciding implementation of decisions that have been made.
on the imposition of sanctions related to violations/ • Submit a report on the results of monitoring and
misconduct as regulated in the provisions governing evaluation, to the Board of Directors periodically.
disciplinary sanctions and/or fraud and/or other • Conduct quarterly reviews of violations and sanctions
violations/misconduct that have not yet been regulated imposed on employees during a certain period.
or that require analysis from various expert perspectives
(resource persons), which is applicable to employees. Authority
• In providing recommendations on the type of
Committee Composition sanctions, the Human Capital Disciplinarian
The composition of the Committee is as follows: Committee must still refer to all applicable laws/
• Chairman: Director of Risk Management regulations.
• Secretary: Head of Employee Relations and Health • Determine the approval (ratification) of sanction
Safety recommendations proposed by the Human Capital
• Permanent Member: – Employee Relations & Health Safety Unit for
- Director of Human Capital violations that lead to a Third Written Warning (SP3) or
- Director of Legal, Compliance, Corporate Secretary Termination of Employment.
& Anti Fraud (LCCA) • The Human Capital Discipline Committee can
- Director of Finance provide T provide recommendations for process
- Director of Technology Information & Digital improvements or internal policy changes to enhance
- Relevant Head of Work Unit (PUK) governance and prevent the recurrence of similar
- Relevant Head of Business Human Capital (BHC) violations in the future.
- Head of Employee Relations
• Resource persons and/or invitees: Human Capital Disciplinary Committee Meetings 2025
- Work Unit National Anti Fraud (NAF) During 2025, the Human Capital Disciplinary Committee
- Intern Audit Unit (SKAI) held 6 (six) meetings with agendas to discuss and decide
- Work Unit Operation Risk & Business Continuity on sanctions for 22 (twenty-two) cases.
- Work Unit General Legal Counsel
- Work Unit Compliance
- Other necessary work units
Duties and Responsibilities of the Human Capital
Disciplinarian Committee
• Analyze/review and decide on the imposition of
sanctions on employees who commit the following
types of violations:
1) Violation of the Code of Ethics and Code of
Conduct; or
2) Integrity violations; or
3) Fraud; or
4) Procedural violations or rule violations that have a
significant financial and/or reputational impact on
the Bank; or
5) Violations with direct superiors / Heads of Work
Units who potentially have a conflict of interest with
the case or sanction decision.
This is based on:
1) Report of Investigation Results (LHI) from the Anti
Fraud (AF) Work Unit; or
2) Audit Report (LHA) from the Intern Audit Work Unit
(SKAI).
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CREDIT POLICY COMMITTEE/FUNDING vi. The resolution of of non-performing loans in
Credit Policy Committee (CPC) is a committee accordance with the stipulations set forth in the
established by and accountable to the Board of Directors BCP; and
(BOD), to assist the BOD in conducting risk management vii. The Bank's efforts to maintain adequate provisions
functions related to credit or financing. for credit or financing losses.
d. Periodically submit written reports to the Board of
The CPC’s purpose is to support the BOD in developing Directors, with copies to the Board of Commissioners,
policy, overseeing policy implementation, and monitoring regarding:
the development and condition of the credit or financing i. The supervision result of the implementation and
portfolio, as well as to provide recommendations for execution of BCP; and
continuous improvement. ii. The monitoring and evaluation result of the
matters referred to point c.
Duties and Responsibilities e. The committee shall provide recommendations for
a. The committee shall provide input to the BOD on the corrective actions to the BOD, with a copy submitted to
development of the Bank's Credit Policy (BCP), with the BOC on matters related to point d.
a particular focus on the formulation of prudential f. In the event of any deviation in the implementation of
principles in credit or financing. the BCP that affects compliance with Sharia principles,
b. The committee shall oversee the implementation the report shall also be submitted to the Sharia
of the BCP to ensure it is consistently and effectively Supervisory Board.
applied. The committee formulates solutions to g. The committee shall review and ratify materials that
address any obstacles or constraints encountered have been presented in other meetings and require
during implementation. Additionally, The committee CPC approval.
conducts periodic reviews of the BCP and provides h. The committee shall approve materials that require
recommendations to management regarding recommendations from the Risk Oversight Committee
necessary changes or improvements. (ROC) before seeking approval from the Board of
c. To monitor and evaluate: Commissioners (BOC).
i. The overall development and quality of the credit i. The committee shall perform any other responsibilities
or financing portfolio; as delegated by the Board of Director (BOD) and ROC.
ii. The appropriateness of the implementation of
credit or financing approval authority;
iii. The appropriateness of the credit or financing
granting process, including improvements and the
quality for transactions involving the Bank's related
parties and certain large debtors;
iv. The compliance with and proper implementation
of the Legal Lending Limit (LLL);
v. Compliance with applicable laws and regulations
in the implementation of credit or financing
activities;
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Structure and Membership
Member
Chairman President Director
Vice Chairman/ Members Risk Management Director
Members - Finance Director
- Global Banking Director/Alternate1)
- Community Financial Services (CFS) Director/Alternate2)
- Legal, Compliance, Corporate Secretary & Anti Fraud Director/Alternate3)
- Sharia Business Unit Director/Alternate4)
- Head, Internal Audit (SKAI) / Alternate 5)*
- Head, Credit Operation/ Alternate 6)
Permanent Invitees
Permanent Invitees - Head, Enterprise Risk Management
- Head, Credit Risk Management
- Head, Retail Credit Portfolio & Policy
- Head, Non Retail Credit Policy & Strategic Risk Management
- Head, Operational Risk & Business Continuity
- Head, Market, Liquidity & Treasury Credit Risk Management
- Head, SME Credit Risk
Non-Permanent Invitees
Non-Permanent Invitees Bank Maybank Indonesia Group internal parties
Secretary
Secretary Non Retail Credit Policy & Strategic Risk Management
Retail Credit Portfolio & Policy
Alternate
1) Head, Business Planning, Performance, dan Embedded Risk Unit (ERU)/
Head, Local Corporate & Multinationals
2) Head, Retail Credit Process/
Head, CFS Embedded Risk, Control & transaction Monitoring
3) Head, Compliance/
Head, Anti Fraud/
Head, Corporate Legal & Litigation
4) Head, Sharia CFS
5) Head, Strategic Operation & Quality Assurance (SOQ)
6) Head, Credit Operations Support
Note:
- *) Membership of this Committee is in accordance with POJK No.17 of 2023, and does not affect the independence of SKAI in its duties
to conduct internal audits as regulated in POJK No.1/POJK.03/2019.
- KKP membership structure in accordance with NO.P.2025.195/MBI regarding the Credit Policy Committee (CPC) Charter
Duties Implementation in 2025
In 2025, the Credit Policy Committee (CPC) regularly reviewed and provided recommendations on various matters,
among others:
1. Updating of Credit Risk Management Framework, Credit Policy Level 2A (Retail and Non Retail) and its derivatives.
2. Updating Credit Authority Limit.
3. Updating Credit Policy Committee (CPC) Charter, Asset Quality Committee (AQC) Charter.
4. Result Update of Disbursement & Quarterly Review PAR, segment Non Retail from Business Unit.
5. Approval and/ or Ratification on credit test, credit related product program as well as policy.
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INTEGRATED RISK MANAGEMENT COMMITTEE
The Integrated Risk Management Committee (IRMC) is responsible for recommending an integrated framework or policy
to identify, measure, monitor, manage and control all significant risk factors to the Bank’s Board of Commissioners as the
Main Entity for evaluation and approval.
Structure and Membership
Chair Risk Management Director Bank Maybank Indonesia (MBI)
Alternate Chair/Member President Director of Bank Maybank Indonesia (MBI) or Director of Bank Maybank Indonesia
(MBI) who is
Member Director Level
1. Maybank Indonesia: President Director (alternate: Global Banking Director/CFS Director)
2. Maybank Sekuritas Indonesia: President Director (alternate: Operation/Finance Director)
3. Maybank Asset Management: President Director (alternate: Director)
4. Maybank Indonesia Finance: President Director (alternate: Operation Director)
5. Wahana Ottomitra Multiartha: President Director (alternate: Risk Management Director)
6. Asuransi Etiqa Internasional Indonesia: President Director (alternate: Finance Director/
Technical Director)
Executive Officer Level
1. Maybank Indonesia: Head, Enterprise Risk Management
2. Maybank Sekuritas Indonesia: Head, Risk Management (alternate: Head, Compliance)
3. Maybank Asset Management: Head, Compliance & Risk Management (alternate: Head, Risk
Management)
4. Maybank Indonesia Finance: Head, Risk Management (alternate: Head, Legal &
Compliance)
5. Wahana Ottomitra Multiartha: Head, Risk Management (alternate: Operational Risk &
Enterprise Risk Management, Dept. Head)
6. Asuransi Etiqa Internasional Indonesia: Head, Risk Management (alternate: Manager,
Compliance)
Fixed Invitation 1. Board of Director MBI (according to the meeting agenda)
2. Head, Market, Liquidity & Treasury Credit Risk Management MBI
3. Head, Operational Risk & Business Continuity MBI
4. Head, Credit Risk Management MBI
5. Head, Non Retail Credit Policy & Strategic Risk Management MBI
6. Head, Retail Credit Portfolio & Policy MBI
7. Head, Compliance MBI
8. Head, Internal Audit MBI
Invitation Internal parties within Maybank Indonesia Financial Conglomeration who are requested to
attend the Integrated Risk Management Committee meeting
Quorum Meetings of this Committee can only be held when attended by:
a. Attended by at least 50% of the members, who are the President Directors of each entity.
b. Attended by the Chairperson or alternate (President Director of the main entity).
c. Must be attended by representatives from each IRMC member entity as stipulated in the
IRMC Charter.
Meeting Frequency Quarterly (4 times a year)
Secretary Head, Enterprise Risk Management MBI
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Duties and Responsibilities
1. Review and recommend strategies, governance, frameworks/policies, risk tolerances, and risk appetite limits related
to Integrated Risk Management for approval by the Main Entity's Board of Commissioners.
2. Review, provide input, and assess the adequacy of the Integrated Risk Management framework/policies in
identifying, measuring, monitoring, and controlling risks, as well as their effectiveness.
3. Review periodic reports on risk exposure, risk portfolio composition, and risk management of each entity (Enterprise
Risk Dashboard - ERD).
4. Assess the impact of risks on capital adequacy, profitability, liquidity, and asset quality under stress scenarios, and
recommend follow-up actions to the Board of Commissioners of the Main Entity.
5. Review and recommend to the Board of Commissioners of the Main Entity strategic steps arising from Regulatory
regulations that impact the implementation of Integrated Risk Management.
6. Review and recommend corrective measures to address risk issues as reported by the Regulator related to the
implementation of Integrated Risk Management.
7. Review and assess the adequacy of Integrated Risk Management processes, information systems, and internal
control systems, and their mitigation measures.
8. Provide oversight and strategic direction for significant risk issues (including but not limited to significant risks from
new products and initiatives) and ensure adequate support and prioritization from across the Maybank Indonesia
Financial Conglomerate and alignment with the direction and objectives of the Maybank Group.
9. Carry out other responsibilities, such as improving/enhancing the implementation of Integrated Risk Management,
as may be delegated to the IRMC by the Board of Commissioners of the Primary Entity from time to time.
Duties Implementation Year 2025
During 2025, some of the duties of the Integrated Risk Management Committee included the following:
• Periodic review of the Terms of Reference of the Integrated Risk Management Committee.
• Periodic review of the Integrated Risk Appetite Statement (RAS) including its monitoring.
• Periodic review of Integrated Capital Contingency Plan
• Periodic review of Integrated Capital Management Framework
• Monitoring of Integrated Enterprise Risk Dashboard (ERD)
• Results of Integrated Risk Profile Assessment including its reporting.
• Monitoring and reporting of Integrated Minimum Capital Adequacy on a regular basis.
• Update Cyber Risk Management
• Update PDP
• Update FCC
• Update Financial Performance
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TRANSFORMATION STEERING COMMITTEE
The Board of Directors has established a Transformation Steering Committee (TSC) to oversee the implementation of
the Bank's strategic development initiatives. This formation is in response to the rapid evolution of the financial services
industry, especially in banking, aiming to effectively manage the execution of increasingly complex development
initiatives. The Transformation Steering Committee is also tasked with ensuring that these strategic initiatives are
managed and executed efficiently and effectively
Objectives
The purpose of the Transformation Steering Committee is to assist the Board of Directors in its duty to guide and oversee
efforts in designing, implementing, and managing the Bank's strategic initiatives. This is undertaken with the goal of
boosting performance and competitiveness, thereby effectively navigating the challenges and opportunities presented
by the constantly evolving business landscape
Role and Responsibilities
1. Provide strategic direction for the project, ensuring that its objectives align with the vision, mission, and strategic
interests of all participating organizations.
2. Make key decisions related to project scope, budget, resources, and schedule.
3. Identify potential risks and emerging issues during project implementation, and develop mitigation strategies to
minimize potential adverse impacts.
4. Monitor overall project performance based on key performance indicators (KPIs) and established milestones,
ensuring that the project remains on schedule, within budget, and in line with agreed objectives
5. Resolve issues or challenges that cannot be addressed at the operational project level and have been escalated to
the Committee.
6. Determine project priorities or phases, including deciding which projects should receive higher priority in cases of
limited resources.
7. Serve as a forum to strengthen communication and coordination among participating organizations, ensuring
timely and transparent information sharing regarding project developments.
8. Ensure that the project complies with all applicable internal and external regulations, including legal, financial, and
compliance standards.
9. Represent the project in communications with internal and external stakeholders, including reporting decisions and
project status to senior management and external parties.
Implementation of Transformation Steering Committee Duties during 2025
Throughout 2025, the Transformation Steering Committee convened a total of 9 times, with agenda discussion that
included monitoring the implementation of developments, providing recommendations, and overseeing the outcomes
of ongoing strategic initiatives
Member
Chair President Director, Maybank Indonesia
Member Risk Management Director/Alternate *1)
Finance Director/ Alternate *2)
Global Banking Director /Alternate *3)
Community Financial Services (CFS) Director /Alternate *4)
Legal, Compliance & Corporate Secretary Director /Alternate *5)
Operations Director /Alternate *6)
Human Capital Director /Alternate *7)
IT & Digital Director /Alternate *8)
Head, Strategy & Transformation Office
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Permanent Invitee Head, Community Distribution
Head, Digital Banking
Head, Pricing & Data Analytics
Initiative Owner & Transformation Delivery Team (TDT) Leads
Secretary Head, Strategy & Transformation Office
Non-Permanent Invitee
Non-Permanent Invitee Bank Maybank Indonesia Group internal parties
Alternate
1) Head, Non-Retail Credit Policy & Strategic Risk Management
2) Head, Financial Planning Performance. Management & Inv. Relation
3) Head, Business Planning, Performance, dan Embedded Risk Unit (ERU); Head, Local Corporate & Multinationals
4) Head, CFS Non-Retail Credit Process; Head, CFS Retail Credit Process; Head, Business Planning
5) Head, Compliance; Head, Anti-Fraud; Head, Corporate Legal & Litigation
6) Head, Operation Processing Center; Head, Branch Control Operations
7) Head, Business Human Capital
8) Head, Digital; Head IT Architecture, Governance & Planning; Head IT Infrastructure and Operation
JOINT STEERING COMMITTEE (JSC) 4. Monitor overall project performance based on key
This committee is established based on Whole Maybank performance indicators (KPIs) and established
initiative to create synergy within the Maybank Group milestones, ensuring that the project remains on
ecosystem as part of the Strategic Programme (SP). schedule, within budget, and in line with agreed
objectives
Objectives 5. Resolve issues or challenges that cannot be
1. To discuss and make decisions on whole-of-maybank addressed at the operational project level and have
cross-entity synergies been escalated to the Committee.
2. To raise and resolve issues regarding cross-entity 6. Determine project priorities or phases, including
collaborations deciding which projects should receive higher priority
3. To track progress and performance of cross-entity in cases of limited resources.
synergy initiatives 7. Serve as a forum to strengthen communication and
4. To share each entity strategy to broader whole-of- coordination among participating organizations,
maybank leadership ensuring timely and transparent information sharing
regarding project developments.
Role and Responsibilities 8. Ensure that the project complies with all applicable
1. Provide strategic direction for the project, ensuring internal and external regulations, including legal,
that its objectives align with the vision, mission, and financial, and compliance standards.
strategic interests of all participating organizations. 9. Represent the project in communications with
2. Make key decisions related to project scope, budget, internal and external stakeholders, including reporting
resources, and schedule. decisions and project status to senior management
3. Identify potential risks and emerging issues during and external parties.
project implementation, and develop mitigation
strategies to minimize potential adverse impacts.
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Implementation of Joint Steering Committee Duties during 2025
Throughout 2025, the Joint Steering Committee convened a total of 11 times, with agenda discussion that included
monitoring the implementation of developments, providing recommendations, and overseeing the outcomes of
ongoing strategic initiatives.
Members
Chair President Director, Maybank Indonesia
President Director, Maybank Sekuritas Indonesia (MSID)/Alternate 1)
President Director, Maybank Asset Management (MAM)/Alternate 2)
Member President Director, Etiqa Indonesia Insurance (EII)/Alternate 3)
President Director, Maybank Finance (MIF) 4)
President Director, Wahana Ottomitra Multifinance (WOM)/Alternate 5)
Risk Management Director/Alternate 6)
Compliance Director/Alternate 7)
Community Financial Services (CFS) Director/Alternate 8)
Global Banking (GB) Director/Alternate 9)
Sharia Banking Director/Alternate 10)
Fixed Invitation
IT Director/ Alternate 11)
Operations Director/Alternate 12)
Finance Director/ Alternate 13)
Human Capital Director/ Alternate 14)
Head of Strategy & Transformation Office
Secretary Head of Transformation Delivery Team (TDT) Lead, 1-Maybank
Permanent Invitee
Head, Community Distribution
Head, Digital Banking
Permanent Invitee
Head, Pricing & Data Analytics
Initiative Owner from whole of Maybank initiatives (include MSID, MAM, EII, MIF, WOM)
Alternate
1) Operation and Finance Director
2) Director
3) Finance and Technical Director
4) Operation Director
5) Risk Management Director
6) Head, Operational Risk and Business Continuity
Head, Enterprises Risk Management
7) Head, Compliance
Head, Corporate Legal & Litigation
Head, Customer Data Protection
8) Head, Consumer
Head, Wealth Management & Segmentation
9) Head, Bus. Planning Performance & ERU
Head, Global Market
10) Head, Sharia Community Financial Services
11) Head IT Architecture, Governance & Planning
Head IT Infrastructure and Operation
12) Head, Branch Control Operations
13) Head, Financial Planning Performance. Management & Inv. Relation
14) Head, Business Human Capital
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CORPORATE SECRETARY
Maybank Indonesia continuously builds and maintains
good communication with regulators, investors, capital The Corporate Secretary position of Maybank Indonesia is
market circles, and the general public. In this regard, held by Putu Dewika Angganingrum. She joined Maybank
Maybank Indonesia has a Corporate Secretary who plays Indonesia in 2024 as Corporate Secretary of Maybank
an important role in ensuring smooth communication Indonesia. Prior to joining Maybank Indonesia, she
between the Bank and stakeholders and ensuring served as Corporate Secretary and Head of Legal and
the timely and accurate delivery of information to all Compliance in PT Danareksa (Persero). She started her
stakeholders. All information conveyed by the Corporate career as a corporate lawyer at HHP Baker Mckenzie.
Secretary to the public is official information from the Bank
as an Issuer or Public Company. Putu Dewika Angganingrum obtained a Bachelor of Laws
degree from the University of Indonesia and earned her
CORPORATE SECRETARY PROFILE Master degree in Management from the University of
Illinois Urbana Champaign.
As Corporate Secretary, she acts as a liaison between
Maybank Indonesia and the Capital Market Authority,
Bank Indonesia, the Indonesia Stock Exchange, and other
related institutions. She monitors Maybank Indonesia's
compliance with capital market regulations and
provisions and ensures that the Bank's management
understands the changes and their implications.
LEGAL BASIS FOR APPOINTMENT OF
CORPORATE SECRETARY
Putu Dewika Angganingrum was appointed as Corporate
Secretary of Maybank Indonesia through the Decree of
the Board of Directors No. SK.2024.001/DIR COMPLIANCE
dated 1 April 2024. The appointment and promotion of the
Corporate Secretary have been reported to the Financial
Putu Dewika Angganingrum
Services Authority and the Indonesia Stock Exchange
Corporate Secretary Maybank Indonesia through Letter No. S.2024.096-097/MBI/DIR COMPLIANCE
Citizenship
dated 3 April 2024, and published on the Bank's website
Indonesian citizen (www.maybank.co.id) and the Indonesia Stock Exchange
website on 3 April 2024.
Age
36 years old
Domiciled
TERM OF OFFICE OF CORPORATE SECRETARY
Jakarta, Indonesia Putu Dewika Angganingrum has been appointed as
Corporate Secretary effective since 1 April 2024.
CORPORATE SECRETARY EDUCATION AND TRAINING IN 2025
No. Date Training & Course Organiser
1 22 January 2025 Socialization : Authority Service Finance (“OJK”) and
Environmental, Social, and Governance (ESG) Metrics the Indonesia Stock Exchange ( “BEI”)
Reporting on Submission Forms Report Annual and
Sustainability SPE- IDXNet .
2 23 January 2025 Seminar: Association Indonesian Issuer (“AEI”)
Regulation Authority Service Financial Services Authority and OJK
Regulation (“POJK”) No. 15/POJK.04/2022 concerning
Solution Shares and Mergers Shares by Public Companies
& POJK No. 29 of 2023 concerning Purchase Return Shares
Issued by Public Companies.
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No. Date Training & Course Organiser
3 3 February 2025 Socialization : OJK
APOLO Conglomerate Finance (APOLO-KK)
4 6 February 2025 Socialization : OJK
POJK No. 45 of 2024 concerning Development and
Strengthening Issuers and Public Companies
5 19-20 February 2025 Workshop: Indonesia Corporate Secretary
Indonesia Corporate Secretary Association - Corporate Association (“ICSA”)
Governance Workshop Series
6 20 February 2025 Key Speaker in the Seminar Himpunan Konsultan Hukum Sektor
Conglomeration Seminar Finance and Holding Company Keuangan (“HKHSK”)
Conglomerate Finance
7 21 March 2025 Socialization : Kustodian Sentral Efek Indonesia
Usage and Facilities related Issuers at KSEI (“KSEI”)
8 30 April 2025 Seminar: AEI dan OJK
Exploration of POJK No. 45 concerning Development and
Strengthening Issuers and Public Companies
9 21 May 2025 Seminar: PT Bank Maybank Indonesia Tbk
Personal Data Protection of PT Bank Maybank Indonesia
Tbk
10 4 June 2025 Socialization : OJK
Parent Company Module SPRINT Application
Conglomerate Finance (PIKK)
11 19 June 2025 Socialization : OJK
POJK No. 9 of 2025 concerning Dematerialization Effect
Characteristic Equity and Management Assets that are
not Claimed in the Capital Market
12 14 August 2025 Socialization : OJK
a. Draft POJK regarding Transparency and Publication
Bank Statement
b. Draft POJK regarding General Bank Reporting through
System OJK Reporting
c. SEOJK No. 14/SEOJK.03/2025 concerning
Implementation of Governance for Commercial Banks
13 19 August 2025 Risk & Governance Summit 2025 OJK
14 26 Agustus 2025 Socialization: OJK
POJK No. 14 of 2025 concerning
Implementation Meeting General Holder Stocks , Meetings
General Holder Bonds and Meetings General Sukuk
holders in general Electronics
15 27 August 2025 Focus Group Discussion: AEI dan OJK
POJK Number 9 of 2025 concerning Dematerialization
Effect Characteristic Equity and Management Assets that
are not Claimed in the Capital Market.
16 28 August 2025 Socialization : OJK
Circular Letter of the Financial Services Authority
(“SEOJK”) No. 10/SEOJK.04/2025 concerning the Electronic
Submission of Ownership Reports or Changes in Share
Ownership of Public Companies and Reports on Activities
of Pledged Shares of Public Companies
17 10 September 2025 Socialisation: PT Bank Maybank Indonesia Tbk
Internal Control over Financial Reporting (ICoFR)
18 18 September 2025 Seminar: AEI
Unlocking Capital Market Synergies between Hongkong
and Indonesia
19 23 September 2025 Seminar: AEI
Exploring Diversification Electronic GMS Solution
20 2-3 October 2025 Source person in the Seminar: Hukum Online
Indonesian In-House Counsel Summit & Awards 2025
21 14 October 2025 Seminar: ICSA dan OJK
Further Explanation of Financial Services Authority
Regulation No. 9 of 2025 concerning Dematerialization of
Equity Securities and Management of Unclaimed Assets in
the Capital Market
22 28 October 2025 Seminar: Hukum Online
Implementation Obligation Reporting Beneficial Owner
Post Regulation of the Minister of Law of the Republic
of Indonesia No. 2 of 2025 concerning Verification and
Supervision of Beneficial Owners of Corporations
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No. Date Training & Course Organiser
23 7 November 2025 Seminar: ICSA & RSM
From Compliance to Confidence: Redefining ACGS
through ESG and Digital Governance
24 2 December 2025 Seminar: ICSA & OJK
Further Exploration of POJK No. 42/POJK.04/2020
concerning Transaction Affiliates and Transactions
collision Interest
25 5 December 2025 Socialization : OJK
SEOJK No. 13/SEOJK.03/2025 concerning General Bank
Reporting Conventional Through System OJK Reporting
(SEOJK APOLO BUK)
26 5 December 2025 Socialization : OJK
Presentation of SEOJK Material on Reporting of
Conventional Commercial Banks Through the OJK
Reporting System and SEOJK on Transparency and
Publication of Conventional Commercial Bank Reports
27 19 December 2025 Socialization : OJK
Regulation And System Reporting Change Ownership
Share
DUTIES AND RESPONSIBILITIES OF THE CORPORATE SECRETARY
In general, the Corporate Secretary has the following duties and responsibilities:
1. Following developments in the Capital Market, especially the laws and regulations applicable in the Capital Market
sector
2. Providing input to the Board of Directors and Board of Commissioners to comply with the provisions of laws and
regulations in the Capital Market sector and in the field of corporate law
3. Assisting the Board of Directors and Board of Commissioners in implementing corporate governance, which includes:
• Disclosure of information to the public, including the availability of information on the Bank's website
• Submission of reports to the Financial Services Authority and other regulators on time
• Organising and documenting General Meetings of Shareholders ("GMS")
• Organising and documenting meetings of the Board of Directors and/or Board of Commissioners
• Providing advice and recommendations related to the principles of Good Corporate Governance (GCG) to the Bank's
management, committees, and subsidiaries
4. As a liaison between the Bank and shareholders, the Financial Services Authority, and other stakeholders
5. Responsible for managing the storage of important Bank documents
6. Manage the Bank's Shareholder List and Special List
7. Act as Secretary of the Bank's Integrated Good Corporate Governance
8. Prepare documents and assist in the Fit & Proper Test process for prospective members of the Bank's Board of
Commissioners and/or Board of Directors
CORPORATE SECRETARY WORK UNIT TARGETS
Maybank Indonesia has a Corporate Secretary Work Unit as a work unit that supports the duties and responsibilities
of the Corporate Secretary. The Corporate Secretary Work Unit carries out its obligations in providing technical and
administrative support as well as analysis to the Board of Directors/Board of Commissioners/Shareholders, ensuring that
corporate governance can be implemented and carried out properly.
The Corporate Secretary Work Unit has work targets including the following:
1. Acting as the Bank's contact person with stakeholders, including regulators, in relation to the Bank's status as a public
banking company
2. Making efforts to ensure that the Bank's business activities, including the delivery of information disclosure to
authorities and the public, have been carried out in accordance with applicable laws and regulations in relation to
the Bank's status as a Public Banking Company
3. Achieving orderly administration and completeness as well as security of the Bank's important documents
4. Fulfillment of shareholder rights and the Bank's obligations to shareholders through the Bank's compliance with
applicable laws and regulations for public banking companies
5. Availability of adequate information for the Board of Directors and/or Board of Commissioners for decision-making
materials by the Board of Directors and/or Board of Commissioners and ensuring that decision-making procedures
are in accordance with applicable provisions, ensuring that the resulting decisions are valid and accountable.
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6. Good organisation of GMS, Board of Directors Meetings, 3. Fulfill the obligation of Public Expose by submitting
and/or Board of Commissioners Meetings, including Public Expose material together with the submission
recording the course of the Meeting and documenting of the Company's Annual Audited Financial Statement
and managing the Minutes of GMS, Board of Directors on 21 February 2025, in order to fulfill the obligation to
Meetings, and/or Board of Commissioners submit information to the public based on Indonesia
7. Good organisation of all activities involving the Board Stock Exchange Regulation Number I-E concerning
of Directors and/or Board of Commissioners Obligations to Submit Information.
8. Good organisation of document management 4. Organise and attend Board of Commissioners
related to the recording of share ownership in the Meetings, Joint Meetings of the Board of
Shareholders Register or Special Register as referred to Commissioners and the Board of Directors, and Board
in Article 50 of the Limited Liability Company Law and of Directors Meetings.
documents related to corporate actions 5. Prepare Minutes of Board of Commissioners Meetings,
9. Obtaining the most recent knowledge related to Joint Meetings of the Board of Commissioners and the
capital market developments, ensuring that input/ Board of Directors, Board of Directors Meetings, and
views can be provided to the Board of Directors Integrated Good Corporate Governance Meetings, and
and/or Board of Commissioners related to capital document the Minutes of the Meetings.
market provisions, especially aspects of information 6. Organise and attend Committee Meetings at the
disclosure, including reporting on the Bank's corporate Board of Commissioners level, including Integrated
actions Good Corporate Governance Meetings where the Bank
10. Availability of internal regulations in accordance with is the Main Entity in the Maybank Indonesia Financial
the applicable hierarchy as a reference for employees Conglomeration.
in carrying out the Bank's daily activities 7. Conduct Self-Assessment and prepare Corporate
Governance Implementation Report for semester 1 and
BRIEF REPORT ON THE IMPLEMENTATION OF semester 2 of 2025.
THE CORPORATE SECRETARY FUNCTION IN 8. Prepare an Integrated Governance Implementation
2025 Report for the Financial Conglomeration for semester 1
1. Following the development of Capital Market and semester 2 of 2025.
Regulations and providing input to the Board of 9. Provide recommendations on changes and
Directors and the Board of Commissioners, especially adjustments to the Work Procedure and Guidelines of
regarding the issuance of new regulations from the the Board of Commissioners and Board of Directors
Capital Market Authority and the Financial Services and Committees at the Board of Commissioners and
Authority. Board of Directors level in accordance with current
2. Holding an Annual GMS on 11 April 2025, and regulations.
documenting the minutes of the meeting and deeds 10. Review the Bank's website and provide input on
of the GMS along with reports to regulators and the information that must be disclosed to the public.
public regarding the implementation of the GMS in 11. Conduct information disclosure to the public by
question. providing information on the website and reporting
The Annual GMS of Maybank Indonesia are held to the Indonesia Stock Exchange and the Financial
physically and electronically using the KSEI Electronic Services Authority any material information that is
General Meeting System Application (“eASY.KSEI estimated to affect investors or securities prices on the
Application”) provided by PT Indonesian Central Exchange.
Securities Depository (“KSEI”), in accordance with the 12. Provide services for any information needed by
provisions of the Financial Services Authority (“OJK”) shareholders related to the Bank's condition.
Regulation Number 15/POJK.04/2020 concerning the 13. Provide input to the policy-making work unit on
Planning and Implementation of General Meetings internal policies/regulations and act as a coordinator
of Shareholders of Public Companies, Financial on the Review Team to review the feasibility and
Services Authority Regulation Number 16/POJK.04/2020 adequacy of data/information in a draft internal
concerning the Implementation of General Meetings of regulation.
Shareholders of Public Companies Electronically, KSEI
Regulation Number XI-B concerning Procedures for the Corporate Secretary
Implementation of General Meetings of Shareholders Putu Dewika Angganingrum
Electronically Accompanied by Voting through the Maybank Indonesia, Sentral Senayan III, 25th Floor
KSEI Electronic General Meeting System (“eASY.KSEI”), Jl. Asia Afrika No. 8, Gelora, Tanah Abang, Jakarta Pusat,
and Article 11 paragraph 1 of the Company's Articles of 10270, Indonesia
Association. Tel.: +6221 29228888
Fax.: +6221 29228914
e-mail: CorporateSecretary@maybank.co.id
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CORPORATE SECURITY MANAGEMENT
ESTABLISHMENT • Responsible for the security protection of executives
The establishment of Corporate Security Management such as the Board of Directors, the Board of
aims to centralise the management of the Bank’s physical Commissioners, and other important parties (VIP) in
security, so that it becomes more focused and effective. In Maybank Indonesia.
organisational structure, Corporate Security Management • Responsible for conducting education/socialisation
is under the Directorate of Legal, Compliance & Corporate programs to all employees to raise awareness on the
Secretary based on STO 2019.005 dated 15 July 2019 implementation of physical security and prevention of
concerning the Organisational Structure of the Directorate violence in the work environment.
of Legal, Compliance & Corporate Secretary, which was • Together with the Business Continuity Management
last amended based on STO 2020.014 dated 6 November work unit to develop procedures for handling
2020. The Head of Corporate Security Management emergencies/crisis and incidents that have an impact
reports directly to the Head of Corporate Secretary. on the Bank.
DUTIES & RESPONSIBILITIES IMPLEMENTATION OF CORPORATE SECURITY
The Bank’s Corporate Security Management has various MANAGEMENT ACTIVITIES 2025
duties and responsibilities as follows: The implementation of Corporate Security Management
• Responsible for managing physical security risks activities throughout 2025 is as follows:
and supervising all efforts to provide security and 1. Provided support for “Business Continuity
protection against various threats to the company, Management (BCM)” initiatives, including the
including human resources and company assets/ implementation and coordination of emergency
facilities, so as to create a safe situation for the response procedures.
continuity of the Bank’s business. 2. Implemented software updates for the electronic
• Responsible for defining in detail and firmly the duties access control system at the Bank Maybank Head
of each party involved in the implementation of Office
security in the company (Security Vendors, Security 3. Upgraded Closed-Circuit Television (CCTV) systems,
guard Personnel) including providing input to Security including both software and hardware components
Vendors regarding routine mental and physical 4. In collaboration with the Maybank Marathon
development of Security guard personnel to form committee, CSM provides support for executive
professionalism. protection during the Marathon event
• Responsible for the implementation of security which
includes the protection of assets/facilities of the head
office and branch offices, prevention of violence in the
work environment, access control systems, security
alarms and CCTV (closed circuit television), and 24-
hour Security Control Room that monitors the security
situation and coordinates with branch offices
• Responsible for controlling the overall budget of
outsourced personnel of the Bank’s Security Unit.
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COMPLIANCE UNIT
COMPLIANCE UNIT HEAD PROFILE
Iwan Nugroho
The profile has been included in the part of Executive Officer Profiles.
ORGANISATIONAL STRUCTURE OF COMPLIANCE UNIT
Compliance
GB, SME & Risk Retail, Syariah
Branch & Support Compliance Compliance
Management & Governance IT Compliance
Functions Monitoring & Monitoring &
Compliance Compliance Advisory
Compliance Advisory Training 1 Training 2
Advisory Advisory
The Organisational Structure of the Compliance Working Unit is cited in accordance with the Organisational Structure of
the Directorate of Legal, Compliance, Corporate Secretary & Anti-Fraud No.STO.2022.008.
COMPLIANCE PRINCIPLES BASED ON POJK
Maybank Indonesia manages compliance risk and ensures the implementation of compliance culture in the Bank’s
activities, in line with OJK Regulation No. 46/POJK.03/2017 on the Implementation of Compliance Function of Commercial
Banks. Compliance risk management is important due to the increasing complexity of the Bank’s business activities in
line with the development of information technology, globalisation, and financial market integration. In addition, the
compliance function itself is one of the indicators in the implementation of Good Corporate Governance (GCG), which is
also an important factor in assessing the Bank’s health level. Therefore, Maybank Indonesia is committed to continuously
implement compliance risk management based on the following compliance principles:
a. Compliance starts at the top (Tone from the Top),
b. Compliance is the responsibility of all parties,
c. Compliance is carried out for the fulfilment of applicable laws and regulations.,
d. Implementation of compliance to be carried out with competence and integrity in accordance with responsibilities,
e. Stakeholder-oriented,
f. Dedication to the Bank, and
g. Problem-solving orientation.
COMPLIANCE FUNCTION
The Compliance Working Unit (SKK) is established as a separate unit, independent of the operational working units and
free from the influence of other working units, and has direct access to the Director responsible for the Compliance
Function. The Compliance Working Unit is established at the Bank’s head office, but its scope covers all office networks
and work units in the Bank.
In implementing the compliance program at PT Bank Maybank Indonesia Tbk, the Compliance Director is assisted by the
Compliance Working Unit to ensure the Bank’s compliance with Bank Indonesia (“BI”) and Financial Services Authority
(“OJK”) Regulations and other applicable regulations and to monitor the fulfilment of commitments made by the Bank
to the competent authorities.
The latest update of the organisational structure of the Directorate of Legal, Compliance, Corporate Secretary & Anti-
Fraud is contained in Organisational Structure No.STO.2022.008 dated 30 May 2022 concerning the Organisational
Structure of the Directorate of Legal, Compliance, Corporate Secretary & Anti-Fraud which, among others, is related to
the adjustment of the structure of the Financial Crime Compliance and Anti-Fraud Unit.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
DUTIES AND RESPONSIBILITIES
SKK functions to assist the Compliance Director in effectively managing compliance risks faced by the Bank, promoting
the implementation of Compliance Culture across all levels of the organisation and business activities of the Bank
and monitoring the fulfilment of commitments made to the competent authorities. Broadly speaking, the duties and
responsibilities of the SKK are as follows:
DUTIES AND RESPONSIBILITIES OF SKK
• Responsible for establishing measures that support the creation of a culture of compliance in all business activities of the Bank and at
all levels of the organization.
• Responsible for identifying, measuring, monitoring, and controlling the Bank’s compliance risk.
• Responsible for assessing and/or evaluating the adequacy and suitability of policies, systems, and procedures owned by the Bank
against the provisions of Bank Indonesia (BI), the Financial Services Authority (OJK) and other applicable laws and regulations, as well
as recommending updates and improvements to policies, systems, and procedures based on regulatory developments.
• Act as a liaison officer with external parties, particularly regulators, in the conduct of audits as well as in other required communication
and coordination activities.
• Act as a contact person in handling compliance issues, submitting applications for new product/service/activity licenses, and fulfilling
the Bank’s commitments to BI and OJK.
• Responsible for providing advice to business and support work units in an effort to fulfil regulatory requirements and compliance.
• Responsible as coordinator of the functions/duties of the Integrated Compliance Working Unit (SKKT) in the Maybank Indonesia
Financial Conglomeration (MIFC).
• Responsible for preparing the Compliance Function Implementation Report and other reports necessary for management to
understand the Bank’s position in the regulatory environment.
• Ensure that the policies, provisions, systems, and procedures, as well as business activities carried out by the Bank are in accordance
with the provisions of OJK, BI, and statutory provisions.
• Ensure the Bank’s compliance with commitments made by the Bank to OJK, BI, and/or other authorized supervisory authorities.
• Conduct monitoring and examination processes to identify potential compliance risks in work units and branch offices in order to
improve compliance culture.
• Improving the culture of compliance in all operational activities of the Bank by conducting Focus Group Discussions (FGDs) and
organizing training/refreshment programs on applicable regulations.
IMPLEMENTATION OF COMPLIANCE ACTIVITIES AND EVENTS IN 2025
Throughout 2025, the Compliance Work Unit has carried out a number of activities to support and improve the
Compliance Culture bank wide at all levels of the organisation, including the following:
1. Reviewing draft policies, provisions, systems, and procedures to ensure that the draft policies, provisions, systems,
and procedures are in accordance with the provisions of the Financial Services Authority, Bank Indonesia, and other
relevant laws and regulations.
2. Providing recommendations for updating and improving the Bank's policies, provisions, systems, and procedures
based on a gap analysis of new regulation issued by the Financial Services Authority, Bank Indonesia, and other laws
and regulations.
3. Initiate and provide advisory support on the implementation of systems and reporting related to compliance with
regulatory requirements.
4. Optimising the use of the LCCA Site as a means to provide advisory, carry out monitoring activities on the fulfilment
of newly issued Regulatory provisions (regulatory monitoring), carry out Compliance Plan Self-Assessment (CPSA)
activities, and serve as a repository for the FCC Database, Legal, Notary lists and others.
5. Review and update significant training materials and refreshment training delivered by the Compliance Work Unit,
ensuring that they are in line with the latest Regulatory provisions.
6. Monitor compliance risks across all work unit lines and submit the results in a compliance risk profile report.
7. Conduct compliance testing of Work Units and/or Branch Offices in accordance with the Compliance work plan
in order to ensure that understanding and implementation of work procedures are in accordance with Regulatory
provisions.
8. Involve Compliance Work Unit employees in internal and external training in order to improve employee
understanding, competence, and capability.
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9. In order to improve the compliance culture, which is COMPLIANCE INDICATOR 2025
part of the corporate culture, it is necessary to carry Capital Adequacy Ratio (CAR - credit risk, market risk,
out activities/programs that can improve Compliance and operational risk) above the minimum required by the
Awareness, including by conducting socialisation regulator.
to employees in the Work Unit and/or Branch Office 2. There were no exceedances or violations of the
regarding Compliance Awareness and/or other provisions of the legal Lending Limit (LLL) during 2025.
Banking Regulations. 3. Net Non-Performing Loan (NPL) does not violate the
10. Monitor and analyse the findings of the audit results maximum limit of 3%.
conducted by the Regulator and periodically submit 4. Statutory Reserves (GWM) and Foreign Currency
follow-up reports on the Bank's commitment to the Reserves do not violate the minimum limit
Regulator, as well as coordinate with related work units requirements of the Regulator.
if there is a change in the Bank's commitment to the 5. Net Open Position (on- and off-balance sheet) does
Regulator. not violate the maximum limit of 20%.
6. The self-assessment of Bank’s Soundness Level as of
COMPLIANCE ACTIVITY 2025 2025 is Composite Rating 2, which reflects the Bank’s
generally healthy condition so that it is considered
No Compliance Activity 2025
capable of facing significant negative influences from
changes in business conditions and other external
1. Compliance Advisory 5,598
factors, based on the results of the OJK assessment,
2. Bank Policy Review 577 the Bank's Soundness Level for the December 2023
3. Compliance testing KC: 62 period is Composite Rating
7. Commitments to external parties can generally be
KP: 11
fulfilled well.
4. Training/Socialization conducted by 89
Compliance
ADMINISTRATIVE SANCTIONS
During 2025, there were no material administrative sanctions imposed on the Bank,
members of the Board of Commissioners and members of the Board of Directors, by
the Financial Services Authority or other authorities that affecting the continuity of
Maybank Indonesia’s business or sanctions affecting the Bank’s Management.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 575
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IMPLEMENTATION OF THE ANTI-MONEY
LAUNDERING PROGRAM, COUNTER-TERRORISM
FINANCING, AND PREVENTION OF THE FINANCING
OF WEAPONS OF MASS DESTRUCTION
PROLIFERATION PROGRAM (AML, CFT & CPF)
HEAD OF FINANCIAL CRIME COMPLIANCE PROFILE
Financial Crime Compliance Head is Rika. Further details of the FCC Head is included in the Executive Officer Profiles
Section.
FINANCIAL CRIME COMPLIANCE ORGANISATIONAL STRUCTURE
Head, Financial
Crime
Compliance
FCC Policy & FCC Transaction FCC Support & FCC Regulatory
Advisory Monitoring Transformation Reporting
In order to effectively ensure Bank’s compliance with the Anti-Money Laundering, Counter Financing of Terrorism, and
Prevention of Financing of Proliferation of Weapons of Mass Destruction (AML, CFT & CPF) program, Maybank Indonesia
has established a dedicated Financial Crime Compliance (FCC) Unit. The establishment of this unit is in accordance
with Financial Services Authority Regulation Number 8 of 2023 concerning the Implementation of Anti-Money Laundering,
Prevention of Terrorism Financing, and Prevention of Financing for the Proliferation of Weapons of Mass Destruction in
the Financial Services Sector, as well as Financial Services Authority Circular Letter No. 32/SEOJK.03/2017 concerning the
Implementation of Anti-Money Laundering and Terrorism Prevention Programs in the Banking Sector, along with related
regulations issued by regulators and the government.
IMPLEMENTATION OF AML, CFT & CPF PROGRAM
Maybank Indonesia implements AML, CFT & CPF Program in accordance with applicable regulations, which includes:
1. Board of Directors and the Board of Commissioners active oversight on Maybank Indonesia’s AML, CFT & CPF
Program, among others, is as follows:
a. Conducting discussions related to the implementation of AML, CFT & CPF Program through committee, including
Board of Directors, Board of Commissioners, Risk Management Committee, Risk Oversight Committee and
Integrated Risk Management Committee.
b. Approving the AML, CFT & CPF Program Policy in accordance with applicable regulations.
c. Approving system development initiatives to support the implementation of AML, CFT & CPF Program.
d. Approval of Suspicious Transaction Report by the Compliance Director before it is reported to regulator (PPATK)
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2. The FCC work unit conducts activities related to AML, 5. In an effort to prevent Maybank Indonesia from being
CFT & CPF policies and procedures on an ongoing used for money laundering, terrorism financing and/or
basis in accordance with the latest regulations from proliferation financing activities, increased awareness
OJK and PPATK Regulators, among others: is vital part of the AML, CFT & CPF Program. As such, the
a. Issuing internal policies and procedures Bank has conducted the following training activities:
supporting the implementation of AML, CFT & CPF a. Providing training through face-to-face training,
Program to ensure that the Bank’s operations e-learning modules and online training to
are in accordance with the prevailing rules and employees, including AML, CFT & CPF training as
regulations. part of the new employee induction program.
b. Conduct reviews and provide advisory related to b. Launched role specific training for certain
policies and procedures of other work units so that work units that play an important role in the
they are in line with the implementation of the AML, implementation of the AML, CFT & CPF program
CFT & CPF Program Policy. with advanced level material conducted by the
c. Provide recommendations and input to branch FCC Work Unit.
and business units regarding the implementation c. Implementation of AML, CFT & CPF related training
of AML, CFT & CPF Program. to the FCC team in an effort to improve the
3. The effective internal control activities and monitoring capability of FCC staff, in coordination with BCCO
of the AML, CFT & CPF Program in the Bank, among CFS/GB.
others, is carried out through the following: d. Awareness campaign videos, tutorials and
a. Monitoring of AML, CFT & CPF Program education on APU PPT PPPSPM topic in collaboration
implementation activities within Maybank financial with the HCTMOL work unit.
conglomeration. e. APU PPT PPPSPM training for all levels of Directors
b. Monitoring of AML, CFT & CPF Program and Commissioners of Maybank Indonesia and
implementation activities in overseas branches. companies within the conglomerate with external
c. Audit on the implementation of AML, CFT & CPF is resource persons.
conducted by Internal Audit. f. Awareness of different educational topics on APU
4. Implementation of management information system PPT PPPSPM
(MIS) initiatives to support the AML, CFT & CPF Program
that have been completed and are ongoing, including Bank’s AML, CFT & CPF Program also includes supporting
the following: law enforcement in combating money laundering
a. System development related to the customer and terrorism financing, among others, following up
screening process, customer AML, CFT & CPF risk on correspondences with law enforcement officials
assessment, and a system to monitor customer and regulator (PPATK/OJK) relating to cases of money
transactions. laundering and terrorism financing and/or proliferation
b. System development to support the AML, CFT & financing.
CPF reporting process through the goAML PPATK
system. PPATK has published the Financial Integrity Rating on
c. Development of a system to support the Money Laundering/Terrorist Financing (FIR) assessment
implementation of Sanctions provisions, including result for all banks, including Maybank Indonesia. FIR is an
a system for screening dual-use of goods to assessment to measure the level of commitment of the
prevent terrorism and proliferation of weapons of Reporting Party in supporting PPATK and law enforcement
mass destruction. officials in tracing financial transactions related to
d. Development of tools to automate the KYC Review/ indications of criminal acts of money laundering (TPPU)
Customer Data monitoring process conducted by and criminal acts of terrorism financing (TPPT) and the
branches. level of implementation and compliance with AML, CFT &
e. Maintaining AML, CFT & CPF database including CPF reporting governance. In 2024, the FIR score obtained
PEP database, OFAC list, UN Terrorist list, List of by the Bank from PPATK was 9.06 (Very Good). The score
Suspected Terrorists and Terrorist Organisations obtained by Maybank has improved from the previous
(DTTOT), Proliferation list (DPPSPM), and other AML, year’s FIR assessment.
CFT & CPF and Sanctions Program lists.
f. Use of the LCCA Portal as a means of centralising
all inquiries from branch and business units at
the Head Office to FCC Working Unit in order to
facilitate monitoring of follow-up on the questions
asked and can be a reference for other teams who
will ask questions on the same topic so that there
is no need to ask questions repeatedly to the FCC
Work Unit.
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WHISTLEBLOWING SYSTEM AND ANTI FRAUD
The Whistleblowing System policy is a key element in Reporting Tools Media Whistleblowing
maintaining the Bank’s integrity to improve the Bank’s E-mail WhistleBlowing@maybank.co.id
transparency and combat practices that could damage
Short Message Service 0811 1930 1000
the Bank’s activities and reputation. Maybank Indonesia
is committed to implement GCG principles in the Instant Messaging App - 0811 1930 1000
WhatsApp
Bank’s operations to support business sustainability in
accordance with the Bank’s vision and mission. Fraudulent Toll Free Phone 0800 1503034
practices are contrary to GCG principles, therefore the
Bank has taken steps in order to prevent fraud and other WHISTLEBLOWER PROTECTION
violations. The Bank’s Whistleblowing Policy applies to all employees,
customers and debtors, other parties that provide
In the event that employees have identified or found any services to the Bank, including consultants, vendors,
indications of violation or fraud act that are detrimental contractors, and other service providers. Every report
or potentially detrimental to the Bank, employees are submitted through the Whistleblowing reporting media
required to submit reports through the Whistleblowing will be documented and followed-up.
System.
Aside from the employees, third parties are also eligible to All Whistleblowing reports will be protected for its
submit reports through Whistleblowing System. confidentiality by the Bank. If the Whistleblower provides
his/her identity clearly, the Whistleblower has the right to
WHISTLEBLOWING REPORTS SUBMISSION obtain information regarding the follow-up status of his/
MECHANISM her report.
Employees or third parties who are aware of indications
of violation or fraud act, can submit the Whistleblowing PARTIES THAT MANAGE WHISTLEBLOWING
reports through the following media: REPORTS
In carrying out its functions and supervision, the Board
of Commissioners and the Board of Directors have
appointed Head, AntiFraud and Head, Employee Relations
& Health Safety as parties who manage, administer and
evaluate each of the Whistleblowing report.
DIRECT REPORTING LINES TO THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS
REGARDING WHISTLEBLOWING ACTIVITIES AND WHISTLEBLOWER REPORTS HANDLING.
The Bank has established an Investigation & Whistleblowing Governance Committee (IWBGC) with purpose to
ensure execution of investigation and follow up of whistleblowing reports are conducted with adequate attention,
independence and remedial action (where necessary).
During 2025, IWBGC has held meetings on 9 January, 7 May, 17 July, and 15 October 2025. The composition of IWBGC
members as of 31 December 2025 are as follow:
No. Name Title Position
1. Putut Eko Bayuseno Independent Commissioner Chairperson and Member
2. Hendar Independent Commissioner Alternate Chairperson and Member
3. Marina R Tusin Independent Commissioner Member
4. Yessika Effendi Director, Legal, Compliance, Corporate Member
Secretary and Anti Fraud
5. Irvandi Ferizal Director, Human Capital Member
6. Effendi Director, Risk Management Member
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Organisational Structure of Anti Fraud Work Unit
Anti Fraud
Fraud Prevention
Internal Investigation External Investigation
& Detection
WHISTLEBLOWING REPORT IN 2025
In 2025, there were 39 Whistleblowing reports that have been received and followed up with the following details:
Type of Whistleblowing Report Indication 2025 2024
a. Code of Ethics 39 29
b. Violation of Law & Regulation - -
c. Fraud - 1
NUMBER OF WHISTLEBLOWING REPORTS 39 30
SANCTIONS AND FOLLOW-UP ON FRAUD CASES IN 2025
Throughout 2025, the Bank has imposed sanctions on party/perpetrator who has been proven has committed violations
as stipulated in the Board of Directors’ Regulation on Employee Discipline Development Measures and Collective Labor
Agreement (CLA) and refers to the applicable laws and regulations.
IMPLEMENTATION OF FRAUD PREVENTION STRATEGY IN 2025
Throughout 2025, Maybank Indonesia has consistently conducted fraud prevention and detection activities,
investigation, reporting and procedures to impose sanctions towards fraudsters, as well as evaluation and follow-up
for improvements that required in order to prevent the potential of similar fraud incidents in the future. The details have
been reported through Anti Fraud Strategies Implementation Report to the Board of Directors and Commissioners. The
Bank has also anticipated the risk of fraud incidents that comes from internal and external parties. The Management has
conducted follow-ups and improvements as well as strengthened the internal control system.
INTERNAL FRAUD
Internal fraud is fraud committed by members of the Board of Directors, the Board of Commissioners, the Supervisory
Board (SPS), permanent, honorary and/or outsourced employees. The definition of fraud is in accordance with the
Financial Services Authority Regulation concerning the implementation of anti-fraud strategies for Financial Services
Institutions. The nominal value of internal fraud that exceeds IDR 100,000,000.00 (one hundred million rupiah) shall be
disclosed.
Disclosures regarding internal fraud are shown in the Internal Fraud Table below:
Cases Committed by
Members of the Board of
Internal Fraud Directors, Members of the Board Honorary and Outsourced
Permanent Employee
in 1 Year of Commissioners, and Members Employees
of the DPS
Previous Year Current Year Previous Year Current Year Previous Year Current Year
Total Fraud 0 0 5 7 0 0
Settled 0 0 5 7 0 0
In internal settlement
0 0 0 0 0 0
prosess
No settlement has been
0 0 0 0 0 0
attempted
Followed up through legal
0 0 1 1 0 0
process
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LEGAL ISSUES
Throughout 2025, there were several civil case and criminal case faced by Maybank Indonesia at all levels of the
jurisdiction. Therefore, the Bank analysis the legal risks faced, legal analysis is carried out based on various parameters,
the results of monthly legal risk evaluation basis as part of legal risk management as part of risk management.
Maybank as Defendant/Reported Party
(satuan)
Total
Legal Issues
Civil Criminal
Has been completed (final and binding) 60 0
on litigation process 75 36
TOTAL 135 36
Notes:
• For civil cases, there are 47 new cases until December 2025.
• For Criminal Cases, there are 3 new cases until December 2025.
Maybank as the Plaintiff/Applicant/ Reporting Party
(Unit)
Total
No. Legal Issues
Civil Criminal
1. Cases related to Home Mortgage (KPR)
Has been completed (final and binding) - -
on litigation process - -
TOTAL - -
2. Cases related to the provision of other credits
Has been completed (final and binding) - -
on litigation process 1 14
Total 1 14
3. Bankruptcy and PKPU/Suspension Payment Obligation Cases
Has been completed (final and binding) - -
on litigation process 9 -
Total 9 -
4. Other Cases
Has been completed (final and binding) - -
on litigation process - 15
TOTAL - 15
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MATERIAL CASES AGAINST MAYBANK INDONESIA
During 2025, cases faced by Maybank Indonesia mostly involving challenge to enforcement of collaterals. in the event
there will be court award which are not favouring Maybank, it shall not result material impact to financial condition
or business continuity to the Bank. The database containing entire list of cases against Maybank is monitored
and evaluated by Litigation Division. Litigation Division under Corporate Legal & Litigation Group work units in the
organisational structure of the Director in charge of the Compliance function.
Important Cases faced by Maybank Indonesia and Subsidiaries of Maybank Indonesia
Legal cases currently Parties Involved
faced by the company/
subsidiaries/members
of the Board of Nominal
Impact on
Directors/members Subject Matter/ Settlement value of
Company's
of the Board of Claim Status claims/
Plaintiff Defendant Condition
Commissioners in office lawsuits
(during the period of
2023); Case value >Rp
10 billion
1 Unlawful Act Debtor Maybank The lawsuit is filed District Court Not -
Lawsuit filed Collateral Indonesia by the Debtor significant
by the Debtor Owner Auction Officer and the collateral
jointly with the Auction Winner owner concerning
Collateral Owners Private Auction their objection
(PT PK, HJ, BH, FP, Office that Maybank did
and ABK) Land Office not provide credit
restructuring to
the Debtor and
subsequently
conducted an
auction of the
collateral, which
was awarded to the
Auction Winner.
2 Unlawful Act Passive Maybank The lawsuit is filed District Court Not -
Lawsuit filed Partner of the Indonesia by the Passive significant
by the Passive Debtor CV S Active Partner of Partner of the Debtor
Partner of the the Debtor CV S concerning the
Debtor, CV S. reduction in the
value of the Bank
Guarantee.
3 Breach of Heirs of Ex - Maybank Syariah The lawsuit is filed by District Court Not -
Contract Lawsuit Debitor Indonesia the former Debtor in significant
filed by the Heirs Maybank relation to objections
of Ex - Debitor Indonesia to the cession
(SAB Insurance process. The plaintiff
Company also sought to pursue
Cession Buyer an insurance claim;
(Cessionary) however, such claim
could not be made
as the applicable
time limit had
lapsed..
4 Unlawful Act Business Debtor The lawsuit is filed Supreme Court Not -
Lawsuit filed by Partner of Debtor’s Wife by the business significant
the Business Debtor RS Employees partner of Debtor RS
Partner of Debtor Maybank in relation to business
RS Indonesia losses allegedly
suffered as a result of
the Debtor’s actions,
where the business
partner claims that
the Bank participated
in concealing the
Debtor’s misconduct.
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Important Cases faced by Maybank Indonesia and Subsidiaries of Maybank Indonesia
Legal cases currently Parties Involved
faced by the company/
subsidiaries/members
of the Board of Nominal
Impact on
Directors/members Subject Matter/ Settlement value of
Company's
of the Board of Claim Status claims/
Plaintiff Defendant Condition
Commissioners in office lawsuits
(during the period of
2023); Case value >Rp
10 billion
5 Unlawful Act Debtor Maybank The lawsuit is filed he Panel of Not -
Lawsuit filed Collateral Indonesia by the Debtor Judges of the significant
by the Debtor Owner Auction Officer and the collateral Supreme Court
jointly with the Auction Winner owner concerning has rendered
Collateral Owners Private Auction their objection a decision
(PT PK, HJ, BH, FP, Office that Maybank did rejecting the
and ABK) Land Office not provide credit cassation
restructuring to appeal filed by
the Debtor and
subsequently
conducted an
auction of the
collateral, which
was awarded to the
Auction Winner
6 A lawsuit for Third Parties Former Debtor Third party lawsuit The Supreme Not -
unlawful acts Notary against the Ex - Court significant
filed by a third Notary Debtor regarding
party against Collateral Owner collateral assets
former debtor Office which were taken
PT. PG Land Office over to the Ex -
Other Bank Debtor without the
Maybank consent of the heirs
Indonesia of the collateral
Heirs of Former owner.
Commissioner
Heirs of Former
Commissioner
MATERIAL CASES FACED BY CURRENT MEMBERS OF THE BOARD OF COMMISSIONERS AND THE
BOARD OF DIRECTORS
Throughout 2025, none of the members of the Board of Commissioners or the Board of Directors of Maybank Indonesia
were implicated in any civil and/or criminal cases.
IMPACT OF LEGAL CASES ON MAYBANK INDONESIA AND ITS SUBSIDIARIES
All legal issues faced by Maybank Indonesia and its Subsidiaries throughout 2025 did not have a material impact on the
position and business continuity of Maybank Indonesia and its Subsidiaries.
LEGAL ISSUES/LITIGATION (WOM FINANCE)
Throughout 2025, WOM Finance encountered various civil, industrial relations, and criminal disputes or lawsuits across all
levels of the judiciary as part of its business operations.
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WOM Finance as Defendant/Reportee
Total
Legal Issues
Civil/PHI Criminal
Has been completed (has permanent legal force) 30 0
In the settlement process 23 0
TOTAL 53 0
Details of WOM Finance's information as the respondent/reported party are as follows:
A. Civil Case Lawsuit as many as 48 (fourty eight), namely:
1. 27 (twenty seven) have been FINISHED and Inkracht in 2025 consisting of:
a. 2 (two) Civil Case in 2023
b. 12 (twelve) Civil Cases in 2024
C. 13 (thirteen) Civil Cases in 2025
2. 21 (twenty one) still in process in 2025 consist of:
a. 21 (twenty one) Civil Cases in 2025
B. Special Civil Cases/PHI as many as 5 (five), namely:
1. 3 (three) have been FINISHED and Inkracht in 2025 consisting of:
a. 2 (two) PHI cases in 2024
b. 1 (one) PHI cases in 2025
2. 2 (two) still in process in 2025 consist of:
a. 2 (two) PHI cases in 2025
WOM Finance as Plaintiff/Reporting Party
Total
Legal Issues
Civil/PHI Criminal
Has been completed (has permanent legal force) 103 5
In the settlement process 11 5
TOTAL 114 10
Details of WOM Finance’s information as Plaintiff/Reporting Party are as follows:
A. Civil Case Suit as many as 114 (one hundred fourteen), namely:
1. 103 (one hundred three) have been FINISHED and Inkracht in 2025 consisting of:
a. 13 (thirteen) Civil Cases in 2024
b. 90 (ninety) Civil Cases in 2025
2. 11 (eleven) still in process in 2025 consist of:
a. 11 (eleven) Civil Cases in 2025
B. 10 (ten) Criminal Cases, namely:
1. 5 (five) have been FINISHED and Inkracht in 2025 consisting of:
a. 5 (five) Criminal Cases in 2025
2. 5 (five) still in process in 2025 consist of:
a. 5 (five) Criminal Cases in 2025
Important Cases Faced by Current Members of the Board of Commissioners and Board of Directors
Throughout 2025, no members of the Board of Commissioners or the Board of Directors of WOM Finance have been
implicated in any important civil and/or criminal cases, as members of the Board of Directors or members of the Board
of Commissioners of WOM Finance.
Important Cases Faced by WOM Finance
During 2025, there were no cases that were categorised as important/material and/or that could affect Maybank
Indonesia’s performance faced by WOM Finance.
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LEGAL ISSUES/LITIGATION (MIF)
Throughout 2025, while conducting its business operations, MIF encountered various civil and criminal disputes or
lawsuits. At all levels of the judiciary. MIF conducts an analysis of the legal risks encountered, evaluating them based
on diverse parameters. This includes monthly assessments of legal risk, integral to comprehensive risk management
practices.
MIF as Defendant/Reportee
Total
Legal Issues
Civil Criminal
Has been completed (has permanent legal force) 7 4
In the settlement process 5 11
TOTAL 12 15
Notes:
• Civil Cases:
- 7 new cases until December 2025
- 12 cases have not been completed in 2025
• Criminal Cases:
- 36 new cases until December 2025
- 57 cases have not been completed in 2025
MIF as Plaintiff/Reporting Party
Total
Legal Issues
Civil Criminal
Has been completed (has permanent legal force) 1 4
In the settlement process 7 46
TOTAL 8 50
Important Cases Faced by Current Members of the Board of Commissioners and Directors
Throughout 2025, none of the members of the Board of Commissioners and the Board of Directors of MIF were involved in
any civil and/or criminal cases.
Important Matters Faced by the MIF
During 2025, there were no cases that were categorised as important/material and/or that could affect Maybank’s
performance faced by PT Maybank Indonesia Finance.
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TAXATION MANAGEMENT AND CONTROL
Tax management and control is one of the major pillars of Maybank Indonesia maintain an accurate tax recording
the Bank’s sustainability and stakeholder trust. Maybank and reporting system, as well as ensuring consistency and
Indonesia, as a corporate entity, is subject to complex tax compliance with tax regulations and related recording
regulations. Maybank Indonesia can ensure operational rules and regulations.
reliability and legal compliance by using a targeted
approach. TAX DISPUTES
Maybank Indonesia is not involved in any tax dispute or
In terms of tax management and control, Maybank litigation, either before the competent tax court and/or
Indonesia has defined taxation policies and procedures other competent authorities in Indonesia or outside the
that include guidelines related to tax reporting, fulfilment court based on applicable taxation laws and regulations,
of tax obligations, and tax risk management. Furthermore, that may have a material negative impact on the
the deployment of Information Technology systems helps Company’s business activities and operations.
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INTERNAL AUDIT UNIT
The Internal Audit Unit (SKAI) carries out the internal audit The Head of Internal Audit Working Unit (SKAI) and
function independently and objectively by conducting a has been reported to the Financial Services Authority
review of the effectiveness of internal control performed (OJK).
by the operational working units in accordance with
the scope of the audit/assurance as well as advisory Professional Experience and Time Period:
assignment. SKAI also plays an active role in supporting Hariseno joined PT Bank Maybank Indonesia Tbk (MBI
the Bank’s efforts to continuously enhance the company’s since 2015 with about 23 years of experience in the
control environment in maintaining the soundness and banking industry including almost 3 years at KPMG.
qualified of business growth. Prior to being appointed as Head of SKAI in 2019, he
served as Head of Credit & Treasury Audit Division at
INTERNAL AUDIT CHARTER MBI. His previous work experience includes heading
In carrying out its duties and responsibilities, SKAI refers to several internal control functions, such as Enterprise
the Internal Audit Charter which is periodically reviewed Risk Management Group Head at Bank Sahabat
and updated. The charter is also a form of compliance Sampoerna, Compliance Risk Advisory Head at
with the Financial Services Authority Regulation (POJK) Bank ANZ Indonesia, SKAI Quality Assurance Head at
No. 01/ POJK.03/2019 dated 29 January 2019 concerning Bank Commonwealth Indonesia, as well as being a
the Implementation of the Internal Audit Function in project stream leader on several projects handled by
Commercial Banks, as well as OJK Regulation No. 56/ KPMG Indonesia-Siddharta Consulting (Risk Advisory
POJK.04/2015 dated 23 December 2015 concerning the Services Division).
Establishment and Guidelines for Preparing an Internal
Audit Unit Charter, and the Implementation of Internal THE HEAD OF SKAI EDUCATION AND TRAINING
Audit Professional Standards. 2025
Head of SKAI hold Bachelor in Mathematic Science
The Internal Audit Charter is a formal statement from Bandung Institute of Technology, Bachelor in Civil
that confirms the vision and mission, position and Engineering from Parahyangan Catholic University,
independence, accountability, authority, qualifications and Master in Finance Management from University of
and code of ethics of internal auditors, independence Krisnadwipayana. He also fellows several professional
and objectivity, duties and responsibilities and scope certifications in internal auditing, risk management, credit,
of SKAI. The Internal Audit Charter has been updated and sharia i.e. Qualified Internal Auditor (QIA), Certification
and approved by the Board of Commissioners with in Risk Management Assurance (CRMA), Risk Management
recommendations from the Audit Committee, and was Certification Level 7, Credit Skills Accreditation, Associate
determined by the President Director in December 2025 Qualification in Islamic Finance (AQIF) Certification.
and has been published on the Bank’s website.
The relevant education and/or training attended by the
APPOINTMENT AND DISMISSAL THE HEAD OF Head of SKAI during 2025 are as follows:
SKAI
The Head of SKAI or professionally called as Chief Audit No Name of Education and/or Training
Executive (CAE) is appointed and dismissed by the
1 MyTAIF Associate Qualification in Islamic Finance (AQIF)
President Director after obtaining approval from the Board
of Commissioners by considering the recommendations 2 Asian Confederation of Institutes of Internal Auditors
(ACIIA) Conference 2025
of the Audit Committee. The appointment and dismissal
of the Head of SKAI is reported to the regulator within 10 3 Maybank Sustainability Practitioner Certification (MSPC)
- White Belt
working days after the effective date. The Head of SKAI
directly reports to the President Director, and has direct 4 National Seminar of Internal Audit (SNIA) 2025
communication with the Board of Commissioners through 5 Leaders Bootcamp 2025
the Audit Committee. 6 Job Evaluation Workshop
7 Personal Data Protection (PDP) and PDP Audit Procedure
THE HEAD OF SKAI PROFILE
• NAME OF THE HEAD OF SKAI 8 Training for Internal Auditor
Hariseno Acharyama 9 Bionic TIGER SKAI
10 Refresher Training Risk Management Certification Level
• POSITION HISTORY 7
Legal Basis for Appointment:
Appointed since 1 May 2019 in accordance with Decree
No. SK.PERS.2019.0857/DIR HC on the Appointment of
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In recent years, the Head of SKAI has also been active SKAI continuously develops the competencies of auditors
as a panelist/moderator in several national conference to enhance their insights. Further, development of
organised by internal audit professional associations. auditor's and expertise to support internal audit activities.
Further, currently the Head of SKAI is voluntarily active as The auditors participate in external, internal (in-house)
one of the Board Member at Ikatan Audit Intern Bank (IAIB) and e-learning training programs competencies are also
and Board Member at the Dewan Sertifikasi Qualified carried out through sharing sessions with Group Audit
Internal Auditor (DS-QIA). Malayan Banking Bhd (MBB).
NUMBER OF EMPLOYEES, TRAINING AND In 2025, trainings attended by the SKAI team among
PROFESSIONAL CERTIFICATION OF SKAI others are as follows:
AUDITORS Learning
Number of
As of 31 December 2025, the number of staff at SKAI are No Training Hours per
Participants
Participants
83 personnel. Collectively, SKAI is supported by adequate
human resources which have competencies in various External Training
audit fields.
1 IDEA Data Analytics Level 1 2 16
Training
SKAI team have various professional certifications with
2 Audit Legal 2 8
details as follows:
3 Workshop Implementasi 2 16
Number of Internal Control Over Financial
No Certification
Auditor Reporting (ICOFR)
1 Risk Management Certification Level 4 7 4 Training of Internal Control 2 8
Over Financial Reporting
2 Risk Management Certification Level 5 5 (ICOFR) for Banking: Enhance
3 Risk Management Certification Level 6 1 Internal Control Effectiveness
4 Risk Management Certification Level 7 1 5 Asian Confederation of 3 16
Institutes of Internal Auditors
5 Qualified Internal Auditor (QIA) 8 (ACIIA) Conference 2025
6 Certified Information Systems Auditor 10 6 National Seminar of Internal 1 16
(CISA) Audit (SNIA) 2025: What's
Driving Change to Stay Ahead
7 Certified Information Security Manager 1 of The Curve of the for Internal
(CISM) Auditor in the Coming Years
8 Credit Skills Accreditation (CSA) – OMEGA 7 7 CISA (Certified Information 2 35
Systems Auditor): An APMG/
9 Certification in Risk Management 1
ISACA Accredited Course
Assurance (CRMA)
8 CISA (Certified Information 3 84
10 Bank Internal Audit Certification – 3
Systems Auditor): An APMG/
Supervisor Level
ISACA Accredited Course
11 Bank Internal Audit Certification – Auditor 1
Level 9 CFE Exam Preparation Training 2 40
12 Certified Fraud Examiner (CFE) 2 10 Role and Responsibility of 2 8
Internal Audit in the Personal
13 ISO 27001 Certification 5 Data Protection (PDP)
14 Tax Brevet A & B 2 11 Transformasi Digital: 18 3
Technology Innovation Trend
15 Certified in Risk and Information Systems 1 in the Financial Sector
Control (CRISC)
12 Imbost Your Spirit: Cultivating 14 3
16 Environmental, Social and Governance 6 Positivity for a Balanced and
(ESG) Certification Fulfilling life
17 ASEAN - Associate Qualification in Islamic 1 13 Suistanability Accounting 16 3
Finance (AQIF) Certification and Reporting in the Financial
Services
Information regarding the formal educational 14 Generative AI Transformation: 10 3
qualifications of internal auditors in SKAI, the information Chance of Generative Engine
is as follows: Optimization (GEO) in Shifting
Domination of Search Engine
Number of Optimization (SEO)
No Education Level
Auditor
1 Postgraduate 16
2 Bachelor 62
3 Diploma 5
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Learning Learning
Number of Number of
No Training Hours per No Training Hours per
Participants Participants
Participants Participants
15 Risk Appetite and Risk Culture: 10 3 Internal Training
Main Pillar in Strengthening
Risk Management in the 23 Job Evaluation Workshop 1 3
Financial Sector
24 Refreshment Internal Audit 14 3
16 The Role of Digital Forensic 17 3 ISO 27001
in Handling and Disclosing
Financial Crimes 25 Personal Data Protection 79 4
(PDP) & PDP Audit Procedure
Training with Group MBB
26 Bionic Tiger SKAI 81 8
17 Environmental, Social and 3 16
Governance (ESG) Certificate: 27 Manager as Coach 6 8
Internal Auditing for
Sustainable Organizations 28 Training for Internal Auditor 74 8
18 MyTAIF Associate Qualification 1 40 29 Creative & Innovations 5 8
in Islamic Finance (AQIF)
30 Effective Communication Skill 4 8
19 Developing AI Agents for 17 4
Workflow Automation Brown
Bag Session STRUCTURE AND POSITION OF THE SKAI
20 Anti-Money Laundering / 71 5
Based on the Organisational Structure of the Internal Audit
Countering Financing of Unit (SKAI) No. STO.2020.03 dated 19 February 2020 which
Terrorism – “AMLCFT and applied since 1 March 2020, SKAI directly reports to the
Anti-Bribery and Corruption
– “AB&C” President Director and has direct communication to the
Board of Commissioners through the Audit Committee.
21 Audit Boot Camp on 1 16
Fundamental Audit for New The SKAI Organisational Structure includes five Audit
Joiners Divisions, as follow:
22 Specialist Module – Financial 2 8 1. Retail, Branch & Subsidiaries Audit (RBS)
Crime Compliance for 2. Wholesale, Treasury & Centralised Operations Audit
Maybank Group Audit (MGA)
(WTO)
3. Corporate Function & International Branch Audit (CFI)
4. Technology Audit, Analytics & Project (TAP)
5. Strategic Operations & Quality Assurance (SOQ)
SKAI MBI also provides guidance and supervision to the internal audit function at subsidiaries, i.e. PT Maybank Indonesia
Finance (MIF) and PT Wahana Ottomitra Multiartha Tbk (WOM Finance).
President Director
Board of
Commissioners
Audit Internal
Audit Committee
Wholesale, Corporate Technology Strategic
Retail, Branch PT Maybank PT Wahana
Treasury & Function & Audit, Operations
& Subsidiaries Indonesia Ottomitra
Centralized International Analytics, & & Quality
Audit Finance Multiartha Tbk
Operations Audit Branch Audit Project Assurance
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SKAI DUTIES AND RESPONSIBILITIES j. Ensure adherence to the relevant Bank policies and
As stated in the Internal Audit Charter, the duties and procedures unless such policies and procedures
responsibilities of Head of SKAI MBI are as follows: conflict with the Internal Audit Charter or the GIAS. Any
a. Develop a risk-based annual audit plan (AAP) such conflicts will be resolved or documented and
by taking into consideration the Bank’s business communicated to BOD and the BOC through Audit
expansion plan as well as inputs from Board of Committee.
Directors (BOD) as well as the Sharia Supervisory k. Coordinate activities and consider relying upon
Board and Board of Commissioners (BOC) through the work of other internal and external providers of
Audit Committee, and submit the AAP to the BOC with assurance and advisory services. If the CAE cannot
recommendation from Audit Committee for approval. achieve an appropriate level of coordination, the
b. Ensure the AAP remains agile and relevant where issue must be communicated to BOD and if necessary
pertinent changes are made timely in consideration escalated to the BOC through AC.
of the emerging risks from the rapid changes in the l. Collaborate with other control and monitoring
business, risks, operations, programs, systems and functions also legal expert to deliberate emerging
controls, and in response to the requests from the and common issues/concerns which potentially could
regulators, BOC/Audit Committee and Management. be systemic throughout the Bank and formulate the
Such changes are to be communicated to the BOC corresponding mitigation action plans.
for the approval supported with Audit Committee m. Consider the scope of work of the external auditors,
recommendation. when determining the Internal Audit activities to
c. Communicate the Internal Audit activity’s plan and ensure optimal audit coverage.
resource requirements, including significant interim n. In the case of external services used for internal audit
changes as well as the impact of resource limitation (if activities as per MBI AAP, Internal Audit to:
any) to BOD and the BOC through Audit Committee. - Ensure transfer of knowledge between external
d. Ensure Internal Audit engagements are performed, parties to Internal Audit members is performed.
documented, and communicated in accordance with - Ensure external party services do not affect the
the Global Internal Audit Standard (GIAS). independence and objective of Internal Audit
e. Communicate the results of Internal Audit’s reviews function and comply with Bank's Internal Audit
to BOD and the BOC through Audit Committee. The Charter.
communication may include Management’s response o. Provide oversight over the relevant audit functions
and corrective action taken or to be taken to address of subsidiary companies of MBI and attend Audit
the control weaknesses, including the root causes Committee meetings of these subsidiary companies.
within the committed timeline. p. Develop and maintain a quality assurance &
f. Ensure the Internal Audit function collectively improvement program (QAIP) that covers all aspects
possesses or obtains the knowledge, skills, and other of the Internal Audit activity.
competencies and qualifications needed to meet the
requirements of the GIAS and fulfil the Internal Audit’s
Mandate.
g. Identify and consider trends and emerging issues
which may significantly impact the Bank and
communicate to BOD and the BOC through Audit
Committee.
h. Consider emerging trends and successful practices in
internal auditing.
i. Establish and ensure adherence to methodologies
designed to guide the Internal Audit function.
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REPORT ON THE IMPLEMENTATION OF SKAI 5. Audit of the corporate function and centralised
ACTIVITIES IN 2025 operations activities such as Implementation of Anti-
During 2025, SKAI has realised and reported 86 audit Money Laundering and Counter Terrorism Financing
deliverables covering 401 auditable units in accordance (AML-CFT) Principles, Risk Management Activities
with the approved Annual Audit Plan (AAP). All audit including Integrated Risk Management, Stress Testing,
assignments have been completed and all audit reports Internal Capital Adequacy Assessment Process
have been issued in 2025. (ICAAP), Capital Charge, Corporate Communication
Activities, Wealth Management Activities, Human
SKAI has also conducted 16 advisory assignments during Capital Activities, Securities Service Operation and
2025 as well as off-site review/continuous auditing Sales Activities, Delivery Channels Cash Management
activities, validation on the follow up actions of regulator’s Activities, ATM Operation and Reconciliation Activities
audit findings, and validation on the realisation of as well as other centralised operations and corporate
sustainability finance. function units.
6. Compliance assessment on the Bank Indonesia (BI)
SKAI conducts periodic meetings with the Board of payment system for the Conventional and Sharia
Directors and Senior Management through the Internal services.
Audit Committee (IAC) meeting, and with the Board 7. Review on the development of Internal Control over
of Commissioners through the Audit Committee (AC) Financial Reporting (ICOFR) carry out by first and
meeting and the Sharia Supervisory Board (DPS) where second line of defences function.
one of the DPS members is a member of the Audit 8. Thematic audit of the Outsourcing Service Provider on
Committee. At the periodic meetings, SKAI reports on the the Community Financial Services activities.
achievement of the annual audit plan, significant audit 9. Audit of Mumbai Branch Office and Audit at one of MBI
findings, and monitoring of follow-up audit results. During Subsidiary on the IT scope.
2025, SKAI has conducted ten times IAC and AC meetings.
SKAI also conducts advisory/consulting activities through
AUDIT PLAN AND FOCUS 2026 the reviews on the adequacy of internal controls in
In accordance with the 2026 annual audit plan (AAP), SKAI several IT application development projects categorised
will focus on the following audits: as critical. Further, SKAI also acts as an observer in the
1. Credit/financing audits for both conventional and business continuity plan (BCP) and disaster recovery (DR)
shariah portfolios in the corporate/global banking, testing process. Periodically, SKAI also reviews the Bank’s
commercial/ business banking, retail small medium draft reports which includes risk-based bank rating (RBBR)
enterprise (RSME), SMEPlus, and mortgage segments. report, minimum capital adequacy requirement (KPMM)
SKAI also conducts audits on unsecured loans i.e. report, Bank’s financial report, as well as validation on the
credit card and personal loan business. realisation of sustainability finance.
2. Audit of funding & services areas at all regions
consisting of conventional and sharia branches.
3. Audit of treasury/global market activities which also
includes reporting process of Liquidity Coverage Ratio
(LCR), Net Stable Funding Ratio (NSFR), and Interest
Rate Risk in the Banking Book (IRRBB).
4. Audit of information technology (IT) such as Cyber
Security Control on the BI payment system, SWIFT
system, Network Management, IT Business Continuity
Plan (BCP) and Disaster Recovery Plan (DRP), General
IT Controls, as well as Implementation of IT Security
Management System according to ISO/IEC 27001:2022.
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INTERNAL CONTROL SYSTEM
The implementation of an effective internal control As part of good governance, this internal control system
system is a crucial part of supporting GCG practices guideline has received approval from the Board of
and maintaining the Bank's healthy and sustainable Directors and the Board of Commissioners. Management
operations. Maybank Indonesia designed its internal and updating of the guideline are under the coordination
control system to provide reasonable assurance that all of the Corporate Secretary work unit, with support from
Bank business activities are carried out effectively and Branch Operations Assurance as the proposing unit,
efficiently, that financial reports are presented reliably, to ensure its relevance and effectiveness, in line with
that Bank assets are well protected, and that compliance business developments and regulatory requirements.
with applicable laws and regulations is consistently
maintained. SCOPE OF THE INTERNAL CONTROL SYSTEM
The Internal Control System at Maybank Indonesia is a
BASIS FOR DETERMINATION supervisory mechanism established by management
Maybank Indonesia implements an internal control on an ongoing basis to ensure the Bank's operational
system in accordance with several applicable regulations, activities are orderly, secure, and in accordance with
including the following: applicable regulations. Through effective internal
1. Financial Services Authority Regulation (POJK) No. 18/ controls, the Bank strives to safeguard assets, ensure
POJK.03/2016 dated March 16, 2016, concerning the the availability of accurate and reliable reports, improve
Implementation of Risk Management for Commercial compliance with applicable regulations, and minimize
Banks. potential losses arising from irregularities, fraud, or
2. Financial Services Authority Circular Letter (SEOJK) violations of prudential principles. Furthermore, internal
No. 34/SEOJK.03/2016 dated September 1, 2016, controls are also aimed at supporting increased
concerning the Implementation of Risk Management organizational effectiveness and cost efficiency in the
for Commercial Banks. Bank's business operations.
3. Financial Services Authority Circular Letter (SEOJK)
No. 35/SEOJK.03/2017 dated July 7, 2017, concerning The implementation of the Internal Control System at
Internal Control System Standard Guidelines for Maybank Indonesia has several complementary primary
Commercial Banks. objectives. From a compliance perspective, internal
controls aim to ensure that all Bank business activities
INTERNAL CONTROL SYSTEM IMPLEMENTATION are carried out in accordance with applicable laws and
To ensure the implementation of comprehensive internal regulations, including those issued by regulators and the
controls in line with regulatory requirements, the Bank Bank's internal policies. From an information perspective,
has prepared the Maybank Indonesia Internal Control internal controls aim to ensure the availability of accurate,
System Guidelines Manual in accordance with the format complete, timely, and relevant financial and managerial
established by the Financial Services Authority. This reports as a basis for accountable decision-making.
guideline serves as the primary reference for all work
units in designing, implementing, and evaluating effective Furthermore, from an operational perspective, internal
internal controls across all Bank operations. control enhances the effectiveness and efficiency of the
Bank's asset and resource utilization and helps protect it
The Internal Control System Guidelines Manual is from potential risks. Furthermore, internal control supports
structured around five core elements of internal the strengthening of a risk culture throughout Maybank
control: management oversight and control culture, risk Indonesia's organization, enabling early identification of
identification and assessment, control activities and potential weaknesses and irregularities and the ongoing
segregation of duties, accounting systems, information evaluation of the reasonableness of operational policies
and communication, and monitoring activities and and procedures. Therefore, the internal control system
corrective actions for deviations. These five elements are serves as a critical foundation for maintaining business
integrated to support the creation of a strong control continuity and improving the quality of the Bank's
environment across all levels of the organization. governance.
This guideline applies to all branches and work units
within the Bank and serves as a reference in formulating
work procedures and implementing daily operational
activities. Its implementation is consistent to ensure that
every business process is conducted in accordance with
the principles of prudence, sound risk management, and
established operational standards.
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MAIN COMPONENTS OF THE INTERNAL CONTROL SYSTEM
Maybank Indonesia divides its internal control system into five interrelated main components, as follows:
1. Management Oversight and Control Culture
2. Risk Identification and Assessment
3. Control Activities and Segregation of Duties
4. Accounting, Information, and Communication
5. Monitoring Activities and Correcting Deficiencies
OPERATIONAL, FINANCIAL, COMPLIANCE CONTROLS, AND COMPLIANCE WITH COSO – INTERNAL
CONTROL FRAMEWORK
Maybank Indonesia implements an internal control system designed to ensure the achievement of three main control
objectives: operational effectiveness and efficiency, reliable financial reporting, and compliance with applicable rules
and regulations. In its implementation, the Bank refers to the internal control framework developed by the Committee
of Sponsoring Organizations of the Treadway Commission (COSO). This framework encompasses five key control
components that are integrated to support the creation of an effective and sustainable internal control system, namely:
COSO Components COSO Principles
Control Environment (CE) 1. Demonstrate Commitment To Integrity And Ethical Values.
2. Exercises Oversight Responsibility.
3. Establishes Structure, Authority, And Responsibility.
4. Demonstrates Commitment To Competence.
5. Enforces Accountability.
Risk Assessment (RA) 6. Specifies Suitable Objectives.
7. Identifies And Analyzes Risk.
8. Assesses Fraud Risk.
9. Identifies And Analyzes Significant Change.
Control Activities (CA) 10. Selects And Develops Control Activities.
11. Selects And Develops General Controls Over Technology.
12. Deploys Through Policies And Procedures.
Information & Communication (IC) 13. Use Relevant Information.
14. Communicates Internally.
15. Communicates Externally.
Monitoring Activities (MA) 16. Conducts Ongoing And/Or Separate Evaluations.
17. Evaluates And Communicates Deficiencies.
The main elements in implementing an internal control and consistently followed up to mitigate risks in
system within the Bank, aligned with the COSO framework, accordance with applicable regulations. The Board
include the following aspects: of Commissioners, through established committees,
a. Management oversight and a control culture are the reviews the control environment and conducts
foundation of all elements of Internal Control. This independent assessments, which are communicated
foundation includes the discipline and structure of to the Board of Directors for follow-up.
internal control itself, the management philosophy
and work style, corporate governance to enhance b. Risk identification, assessment, and management
the effectiveness of banking operations, the is the process of identifying and analyzing risks that
reasonableness of management work plans, and the may hinder the achievement of MBI's objectives, while
reliability of forecasts made by MBI Management. simultaneously formulating how MBI will manage
these risks.
The internal control system is consistently
implemented effectively and efficiently, with no Risk identification, assessment, and management
exceptions in the implementation of oversight is a series of actions implemented by the Board
procedures, and a supportive environment for of Directors to identify, analyze, and assess the
internal control efforts is maintained. In general, the risks faced by the Bank in achieving its established
overall quality of the internal control system has business objectives. Risks that could impact the
been satisfactory. Issues arising from internal control achievement of the Bank's objectives are identified,
weaknesses are reported to the Board of Directors assessed, monitored, and controlled on an ongoing
basis. Procedures are in place to anticipate, identify,
and respond to events and obstacles that could
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impact the achievement of objectives. The Board of e. Monitoring and corrective action for deviations/
Commissioners and the Board of Directors, through the weaknesses is a process for assessing the quality of
Risk Monitoring Committee and the Risk Management existing Internal Control.
Committee, ensure that risk management is
implemented effectively. The Board of Directors, relevant work units, and
the Intern Audit Unit (SKAI) continuously monitor
c. Control activities and segregation of functions are the overall effectiveness of internal control
policies and procedures to ensure that Maybank implementation. Monitoring of key risks has been
Indonesia Management has determined the direction prioritized and is part of the Bank's activities. The Bank
of the company's objectives. continuously monitors and evaluates the adequacy of
its internal control system in response to changes in
Control activities must involve all Bank employees, internal and external conditions, and must enhance its
including the Board of Directors. Therefore, control capacity to improve effectiveness.
activities will be effective if they are planned and
implemented to control the identified risks. Control The Internal Audit Unit (SKAI) is supported by
activities include establishing control policies and resources with collective competence to evaluate
procedures, and an early verification process to the internal control system for strategies, operational
ensure consistent compliance with these policies and activities, and financial information processing
procedures, and are integral to every function and methods. SKAI consistently reports audit findings
daily activity of the Bank. that require Management's attention to the Board
of Commissioners through the Audit Committee
Control activities and the separation of control and the Board of Directors through the Internal Audit
functions involve all Bank employees, including the Committee (IAC) so that findings can be promptly
Board of Directors. Control activities are planned followed up. The Board of Directors is committed to
and implemented to mitigate identified risks. Control and has followed up on the results of SKAI's monitoring
activities include establishing control policies and and recommendations.
procedures, and an early verification process to
ensure consistent compliance with these policies INTERNAL CONTROL OVER FINANCIAL
and procedures, and are integral to every function REPORTING
or activity of the Bank. The activities, duties, and Management’s Statement on Internal Control over
responsibilities of the relevant work units are described Financial Reporting (ICoFR) in compliance with Financial
elsewhere in this GCG report. Service Authority Regulation (POJK) Number 15 Year 2024
concerning the Integrity of Bank Financial Reporting,
d. The Accounting, Information, and Communication PT Bank Maybank Indonesia Tbk has initiated ICoFR
System supports the identification and exchange of implementation during 2025. The implementation
information in a form and timeframe that enables encompasses:
all Bank employees to carry out their respective 1. Developed and established policies and procedures
responsibilities. concerning internal control over financial reporting.
2. Established Special Work Unit (UKK) Financial Reporting
Data collection procedures and information Integrity as Second Line part of the Risk Management
technology are in place to generate reports Directorate who coordinating the implementation of
on business activities, financial condition, risk internal control over financial reporting.
management implementation, and compliance 3. Determined the scope of the ICoFR and risk
with regulations, supporting the fulfillment of the assessment.
duties of the Board of Directors and the Board of 4. Developed Business Process Models (BPM) and Risk
Commissioners. The Board of Directors identifies Control Matrices (RCM).
critical information required by the Bank, summarizes 5. Evaluation of internal control over financial reporting
it, and communicates it in an appropriate format through Test of Design (TOD) on the key controls.
and timeframe so that employees can carry out their 6. Reporting related to the implementation of ICoFR to
responsibilities and relevant external parties can Regulator.
understand the Bank's condition.
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The scope of the ICoFR includes Entity Level Controls REVIEW OF THE EFFECTIVENESS OF INTERNAL
(ELC), IT General Controls (ITGC), Financial Statement CONTROL SYSTEM IMPLEMENTATION 2025
Closing Process (FSCP), Loan/Financing portfolios In line with the Internal Control System Standards
(Corporate, Commercial, SME, Mortgage), and Expected for Commercial Banks established by the Financial
Credit Loss (ECL). Management affirms its commitment Services Authority (OJK) through Financial Services
to strengthening internal control systems to ensure Authority Circular Letter (SEOJK) No. 35/SEOJK.03/2017
reliable financial reporting, compliance with regulatory dated July 7, 2017, concerning Guidelines for Internal
requirements, and enhanced stakeholder confidence. Control System Standards for Commercial Banks, the
Internal Audit Unit (SKAI) continuously carries out audit
STATEMENT OF ADEQUACY OF THE INTERNAL assignments to assess the effectiveness of internal control
CONTROL SYSTEM implementation within the Bank.
Maybank Indonesia is committed to implementing a
comprehensive internal control system across all of The audit evaluates the adequacy and effectiveness of
the Bank's business activities, ensuring that all control the Bank's internal control design and implementation
mechanisms are adequately implemented. The Board against the established internal control framework.
of Commissioners, the Board of Directors, and Maybank This assessment covers various operational and risk
Indonesia's officers are responsible for implementing a management aspects to ensure that control mechanisms
reliable and effective internal control system, fostering are functioning adequately to support the Bank's business
an effective risk culture, and ensuring its incorporation at activities.
every level of the organization.
The audit evaluation results are presented through an
The Board of Directors is responsible for implementing Audit Result Report (LHA), which is then discussed in
an effective internal control system to support the regular Audit Committee and IAC meetings. Through this
achievement of the Bank's objectives and business mechanism, Maybank Indonesia ensures that every audit
sustainability. The Board of Directors must ensure that finding and improvement recommendation is effectively
senior management regularly reviews the reliability of the followed up to strengthen internal control quality on an
Bank's internal control system. ongoing basis.
Meanwhile, the Board of Commissioners, with the support
of the Audit Committee, performs oversight to ensure the
effectiveness of overall internal control implementation,
including the policies established by the Board of Directors
for implementing these controls. Based on evaluations
conducted throughout 2025, the Board of Commissioners,
the Board of Directors, and the Audit Committee declare
that the Bank's Internal Control System is operating
adequately and capable of supporting risk management
and addressing the dynamics and business challenges
faced by the Bank.
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INVESTOR RELATIONS
Maybank Indonesia established Investor Relations EDUCATION AND TRAINING
with strategic duties and responsibilities by providing In order to improve the competencies needed for the
information to investors in an actual, accurate and timely development of the Bank’s business, during the year 2025
manner regarding the Bank’s business performance and Investor Relations has participated in education and
prospects. Investor Relations also fosters harmonious training as follows:
relationships with financial/capital market observers and • New Year Town Hall 2025, 7 January 2025
other financial institutions, including managing, analysing • Sales & Service Summit Award 2025, 21 January 2025
and reporting on all of the Bank’s strategic information, • Refreshment SMR Level 6, 14 January 2025
especially in the economic and financial fields related to • Job Evaluation Workshop, 6 March 2025
the business environment. • TFT # New Balanced Scorecard, 29 April 2025
• Bionic Tiger - Finance, 23-24 May 2025
PROFILE OF THE HEAD OF THE INVESTOR • Leaders Bootcamp 2025, 13 June 2025
RELATIONS DIVISION/UNIT • Budget & Strategy 2026 Preliminary Workshop, 21 July
2025
Abdur Razzaq
• Maybank Indonesia Leaders Workshop 2025, 29
Head, Financial Controller & Investor Relations
September 2025
Citizenship • Coaching & Mentoring Skill for Leaders, 9 October & 18
Indonesian citizen November 2025
Age • Maybank ECSEbersamaan LCP & RCP Test 2025, 18
39 years old. October 2025
• FGD McKinsey Culture Transformation, 12 November
He joined Maybank Indonesia in September 2020 2025
as Head, CFS Business Planning & Performance
Management, bringing more than 17 years of experience DUTIES AND RESPONSIBILITIES
in manufacturing and banking industries. Previously, he The duties and responsibilities of Investor Relations are as
served as the Corporate Finance Manager at CIMB Niaga, follows:
Regional Accountant at Caterpillar Pte. Ltd. in Singapore, • Project Manager in the preparation of the Bank’s
and last position as Business Banking/SME Business Annual Report.
Finance Head at UOB Indonesia. • Key Point of contact for Maybank Indonesia in the
rating process conducted by local and global rating
LEGAL BASIS FOR APPOINTMENT agencies (such as: Pefindo, RAM Rating) and prepare
Maybank Indonesia appointed Abdur Razzaq as the responses to questions asked related to the rating
person responsible for implementing investor relations in process and coordinate meetings between senior
the Bank based on Decree No. SK.PERS.2025.0641/DIR HC. bank management and rating companies.
• Prepare corporate performance presentations to be
PERIOD OF OFFICE published on the bank’s website and for Maybank
2025 - present Analyst Briefing.
• Organising annual Public Expose (PE) (In accordance
with regulations, every Public Company must hold at
least 1x a year).
• Organising meetings with analysts/fund managers/
securities houses/investors and responding to
questions asked by analysts by providing correct and
comprehensive information on bank performance.
• Prepare presentation materials for senior
management related to meetings with external parties
(such as: regulators, investors, analysts, brokers, fund
management).
• Updating detailed data on the Bank’s performance
on a regular basis and following up on questions and
requests for information from external parties related
to the Bank’s performance.
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INVESTOR RELATIONS BRIEF REPORT 2025
During 2025, Investor Relations has carried out duties and responsibilities including:
• Preparing the Bank’s Annual Report 2024, and participated in the Annual Report Award 2024.
• Prepared quarterly Bank performance presentation and uploaded to Maybank Indonesia website.
• Conducted Annual Review with PEFINDO Rating agency. The Company’s rating was maintained at AAA (Triple A).
• Submitted Annual Public Expose on 21 February 2025, in concurrent with the submission of the audited Consolidated
Financial Statements of Maybank Indonesia as of 31 December 2024.
• Provided services for any information required by external parties regarding the Bank’s recent performance.
• Reviewed the Company’s website and provided input on information that should be disclosed to the public.
• Participated in and joined the Association of Indonesian Investor Relations (AIIR), which was officially established on
9 December 2025.
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RISK MANAGEMENT
Maybank Indonesia continues to develop a strong risk infrastructure and culture with the aim of providing added value
to all stakeholders, conducting comprehensive capital management and ensuring sustainable business growth. The
implementation of risk management will assist management in monitoring compliance with applicable laws and
regulations, policies, plans, provisions and internal procedures. In addition, risk management can also reduce systemic
risk that can harm the Bank both materially and immaterially.
Maybank Indonesia continues to develop a strong risk infrastructure and culture with the aim of providing added
value to all stakeholders, conducting comprehensive capital management, and ensuring sustainable business growth.
Maybank Indonesia believes that the implementation of risk management will help the management in monitoring
compliance with applicable laws and regulations, policies, plans, provisions and internal procedures. In addition, risk
management can also help reducing systemic risk that can harm the Bank, both materially and immaterially.
The implementation of risk management in Maybank aims to protect the Bank from various losses that may arise from
its various activities, as well as to maintain the level of risk in accordance with the business strategy and growth of the
bank. The Board of Commissioners, Audit Committee and Board of Directors assessed and stated that the Bank’s risk
management implementation in 2025 was adequate and in accordance with the Bank’s needs, in order to maintain a
balance between risks and benefits, and to generate sustainable long-term value growth for shareholders.
RISK MANAGEMENT SYSTEM IMPLEMENTED BY THE BANK
Risk Management Process and Practices:
Assessment & Response & Monitoring, Escalation
01 Identification 02 03 04
Measurement Controls & Reporting
To identify risks that may To assess the potential To develop and implement To continuously track
impact the Bank's objectives impact of identified strategies to mitigate, risk exposure, assess
across activities and risks in order to prioritize transfer, accept or control effectiveness,
products. and understand their avoid risks, supported and communicate risk
significance. by appropriate control information to relevant
measures. stakeholders.
These stages have been implemented by the Bank, among others as described below:
• The Bank’s organisational Governance structure has been supported by adequate organs, consisting of the Audit
Committee, Risk Monitoring Committee, Nomination and Remuneration Committee, Information Technology
Oversight Committee, Whistleblowing Governance Committee, Integrated Good Corporate Governance
Committee, Risk Management Committee, Assets and Liabilities Management Committee, Credit Committee,
Credit Restructuring Committee, Internal Audit Committee, Information Technology Steering Committee, Human
Capital Committee, Human Capital Disciplinarian Committee, Credit or Finance Policy Committee, Integrated
Risk Management Committee, Digital Steering Committee, Transformation Steering Committee, Sustainability
Steering Committee, Joint Steering Committee, Internal Audit Work Unit, Compliance Work Unit, Risk Management
Work Unit and Integrated Risk Management Work Unit. In addition, the implementation of Integrated Governance
is also supported by the performance of integrated work units, namely the Integrated Compliance Work Unit and
the Integrated Internal Audit Work Unit. The Bank’s organisational structure is constantly updated following the
development of organisational and business needs.
• Implementation of the three lines of defense and four-eyes principle as part of the Bank’s commitment to
systematically and continuously identify, control, monitor and mitigate risks.
• Risk Management Infrastructure and Governance that is in accordance with the complexity of business activities, risk
profile, level of risk to be taken, as well as regulations set by the Regulator.
• Developing a comprehensive Business Continuity Management (BCM) that serves as a guide for the Company to
continue running during emergency conditions.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
• Increase awareness of Risk Management through risk The Recovery Plan provides a systematic approach
awareness campaigns, posters and other internal to addressing potential capital, liquidity or funding
publication media, as well as related training courses disruptions that affect the Bank’s liquidity health and
conducted at the head office, branch offices and financial solvency.
subsidiaries.
The Resolution Plan is a document containing information
RISK MANAGEMENT about the Bank and the resolution strategy which is one
In managing these risks and other potential risks, the Bank of the considerations for the Deposit Insurance Agency in
must carry out appropriate control and mitigation of the handling or resolving a Bank that has been determined to
risks that have been identified and measured. be a failed Bank.
Risk Controls RISKS FACED BY THE BANK
Appropriateness and effectiveness of controls need to Currently the risks faced by the Bank are categorised on
be established to manage risk exposure and ensure several bases:
alignment with the established risk appetite. Risk appetite a. OJK Regulation No.18/POJK.03/2016 concerning the
aligns the needs of all stakeholders by acting as a risk Implementation of Risk Management for Commercial
manager and driver of current and future business Banks:
activities. An effective risk appetite can be a strong driving 1. Credit Risk
force for the implementation of a risk culture in the Bank. 2. Market Risk
3. Liquidity Risk
The Bank exercises qualitative and quantitative risk 4. Operational Risk
controls, including risk limits and triggers/thresholds, 5. Compliance Risk
to monitor and manage identified risk exposures. 6. Legal Risk
Risk controls also provide a means to manage the 7. Reputation Risk
risk identification process, initiate discussions, take 8. Strategic Risk
appropriate preventive steps and consider actions There are 2 (two) additional risks related to the
that need to be taken in accordance with policies and Bank’s Syariah Business Unit according to OJK
procedures. Important to note is the appropriateness of Regulation No. 8/POJK.03/2014, namely:
the approval process, action plans and exposure reviews 9. Yield Risk
to ensure the effectiveness of risk management. The 10. Investment Risk
controls that have been implemented by the Bank will be b. OJK Regulation No.17/POJK.03/2014 on the
reviewed periodically to ensure the effectiveness of the Implementation of Integrated Risk Management
controls against the Bank’s risk appetite and risk limits. for Financial Conglomeration There are 2 (two)
additional types of risk related to the implementation
Risk Mitigation of integrated risk management for Financial
Risk mitigation techniques aim to minimise the impact Conglomeration Banks based on these provisions,
of existing risks, or avoid the occurrence of emerging namely:
risks. These techniques include specific hedging, funding 1. Intra-Group Transaction Risk
strategies, and insurance. In addition, the Bank has also 2. Insurance Risk
implemented a Disaster Recovery Plan (DRP) and Business
Continuity Plan (BCP) as part of Business Continuity As part of Credit Risk, the Bank also monitors Country Risk
Management. and Transfer Risk.
The Disaster Recovery Plan (DRP) and Business Continuity In addition to the risks mapped based on these regulatory
Plan (BCP) are developed and implemented to help regulations, in line with technological developments and
strengthen resilience in the face of risks that seriously various factors including business competition, market
impact operational activities, including plans to ensure growth, and increasing expectations from regulators, the
the continuity of critical business functions within a certain Bank also faces other risks such as information risk and
period of time during the recovery process. information technology risk as well as non-financial risks
such as money laundering and outsourcing.
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In order to identify and measure these risks, the Bank must 3. The implementation of a Decision Engine for LOB
consider a forward-looking approach. This is to ensure the Personal Loans has automated the end-to-end credit
adequacy of measures taken by the Bank to minimise the assessment process—from SLIK verification, policy
exposure to risks faced by the Bank. implementation, deviation assessment, scoring, limit
recommendations, and integration with third parties
RISK MANAGEMENT SYSTEM ADEQUACY via API. This transforms the credit process into a faster,
STATEMENT more accurate, and more measurable one.
The Board of Commissioners, Board of Directors and Audit 4. As a proactive early warning mechanism, the Forecast
Committee state that the Bank’s risk management system Model has been implemented to strengthen portfolio
is effective, adequate and capable of managing business monitoring in the SME Retail segment. This tool
risks and opportunities to support the Bank in achieving plays a crucial role in identifying risk signals early,
its business objectives without compromising financial reducing delinquency rates and improving flow rates,
performance, compliance and/or reputation. The Bank’s particularly from the early-stage DPD bucket.
risk management system provides tools to anticipate 5. To improve the consistency and quality of credit
and manage risks by considering changes in risk profiles analysis, the Bank has developed a comprehensive
caused by changes in business strategy, external factors Credit Review Guidebook, focusing on priority sectors.
and regulatory requirements. This guide serves as a strategic synergy tool to align
risk assessment perceptions and methodologies
RESULTS OF REVIEW/EVALUATION OF THE between business and risk management teams.
EFFECTIVENESS OF THE RISK MANAGEMENT 6. To optimize credit risk management, the Bank
SYSTEM IN 2024 implemented artificial intelligence (AI)-based
In 2025, the Bank conducted evaluation on the methods to monitor its SME and non-retail portfolios.
implementation of risk management system. Maybank This approach serves as an early warning system
Indonesia actively manages its risk profile through that detects anomalies and negative trends early,
monitoring inherent risks and strengthening the quality enabling timely intervention to prevent asset quality
of risk management, implementing good corporate deterioration.
governance through various risk committees, and 7. Maybank Indonesia continues to strengthen portfolio
maximising added value for shareholders, managing quality and expand its contribution to the sustainability
capital comprehensively, and ensuring profitability and agenda. In managing the WOMF portfolio, the Bank
sustainable business growth so that the overall risk-based monitors the performance of recontests and their
soundness of the bank is maintained. There were several composition to increase business awareness and
achievements in terms of Risk Management during 2025, serve as an early warning system to maintain asset
including as follows: quality.
1. Improvements to credit systems, processes, and Furthermore, the Bank is also promoting the clean
analysis are focused on three key initiatives: first, the energy transition through its subsidiaries by financing
implementation of the Joint Authority Limit (JAL) to electric vehicles (EVs). This is realized by accepting
strengthen monitoring of credit approval authority; new brands that have passed credit testing and a
second, monitoring of the Funding Pipeline; and third, comprehensive risk evaluation in accordance with
the ongoing development of the comprehensive Loan established quality standards.
Origination System (LOS). 8. The Bank has completed the transition from the JIBOR
2. As part of the credit quality improvement initiative, benchmark to the Risk-Free Rate (RFR) within its
scorecard models are being continuously developed— Treasury system. This transition to the RFR aligns with
including yes/no and default models—to strengthen global best practices and supports stronger and more
the assessment of Digital RSME loan portfolios. This transparent interest rate risk management.
model is applied specifically to the New-to-Bank
and Existing-to-Bank (ETB) non-borrowing customer
segments, adopting an expert judgment-based
approach.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
9. The Bank has conducted an Enterprise Crisis 14. Maybank Indonesia adopted a structured evaluation
Simulation Exercise (ECSE) that comprehensively methodology to improve the quality and outcomes
tested its Recovery Plan (RCP) and Liquidity of its CSIRT Table-Top Exercise (TTX). By conducting
Contingency Plan (LCP). This initiative significantly pre- and post-exercise assessments, the Bank
increased the awareness and preparedness of can measure improvements in team capabilities
management and all levels in facing various potential quantitatively and qualitatively, as well as identify
crisis scenarios. specific areas for improving its cyber response
10. As a continuous commitment to building a strong strategies and procedures.
risk culture, Maybank Indonesia and its subsidiaries 15. The "Phishing Warrior" program is a cybersecurity
conduct an operational risk certification program for initiative designed to increase resilience through
staff. This understanding is periodically reinforced employee engagement. By facilitating reporting
through independent refresher mechanisms, such through dedicated channels (email and a button
as the ORM Annual Attestation e-Learning and online in Outlook), the program has driven a significant
training, which is mandatory for all BORC (Business increase in the number of phishing email reports
Operational Risk Coordinator) members. received, which are routinely measured and monitored
11. As a manifestation of its commitment to good as an indicator of security awareness.
governance and integrity in financial reporting, the
Bank has initiated the implementation of an Internal RISK MANAGEMENT DIVISION/UNIT LEADER
Control over Financial Reporting (ICOFR) framework PROFILE
in line with POJK 15/2024. This strategic initiative is In implementing the risk management program at PT
supported by the establishment of a dedicated work Bank Maybank Indonesia Tbk, the Risk Management
unit under the Risk Management Directorate. The Bank Director is assisted by several work unit leaders or
has completed the framework development phase executive officers who manage risk management
and is currently progressing to the comprehensive including Head, Credit Risk Management; Head,
development and implementation phase, Operational Risk & Business Continuity; Head, Enterprise
encompassing critical areas. Risk Management; Head, Retail Credit Portfolio &
12. As part of its cyber resilience strategy, Maybank Policy; Head, Non Retail Credit Policy & Strategic Risk
Indonesia established the Computer Security Incident Management; Head, Market, Liquidity & Treasury
Response Team (CSIRT), a registered organization Credit Risk Management; and Head, Technology Risk
in the financial services sector. The TTIS is also Management (CISO/Chief Information Security Officer).
officially registered with the National Cyber Security The information regarding the profile of each leader has
Agency (BSSN), providing support and enablement, been included in the discussion of Senior Officials Profiles.
strengthening the bank's overall information security
governance.
13. A strategic update of its information security
management system by upgrading its ISMS
certification from ISO 27001:2013 to the latest standard,
ISO 27001:2022. This transformation represents the
Bank's proactive commitment to adopting a security
framework relevant to today's evolving threat
landscape.
600 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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PUBLIC ACCOUNTANT/EXTERNAL AUDITOR
In line with POJK No. 9 Year 2023 regarding the use of
Public Accountant Services and Public Accounting Firms NUMBER OF PERIODS OF PUBLIC
in Financial Services Activities and OJK Circular Resolution ACCOUNTANTS AND PUBLIC ACCOUNTING
No. 18/SEOJK.03/2023 dated 6 November 2023 regarding FIRMS (KAP) AUDITING THE COMPANY’S
Procedures for the Use of Public Accountant Services and FINANCIAL STATEMENTS
Public Accounting Firms in Financial Services Activities, the In accordance with POJK No. 9 Year 2023 regarding
Bank has determined the AP and KAP to audit the Bank’s the use of Public Accountant Services and Public
financial statements for the fiscal year 2025 through Accounting Firms in Financial Services Activities OJK
the Annual GMS by considering recommendations from Circular Resolution No. 18/SEOJK.03/2023 concerning the
the Board of Commissioners and the Audit Committee. Use of Public Accountant Services and Public Accounting
In 2025, the Public Accounting Firm (KAP) that audited Firms in Financial Services Activities, the use of audit
the Bank’s consolidated financial statements is KAP services for annual historical financial information from
Purwanto Susanti & Surja. The appointment of the KAP is the same Public Accountant is a maximum of 7 (seven)
in accordance with the approval of the Annual GMS and is accumulative financial years since 2017. Meanwhile,
carried out through a process that is in accordance with restrictions on the use of KAP services depend on the
applicable regulations. results of the Audit Committee’s evaluation of the
potential risks of using the services of the same KAP
NAME OF PUBLIC ACCOUTANT consecutively for a long period of time. In 2025, the
Name of Public Accountant: Yasir appointment of KAP Purwanto Susanti and Surja which
Registered No. AP.0703 affiliated with Ernst and Young Global, is the first year,
while for the Public Accountant, it is the sixth year.
NAME OF PUBLIC ACCOUNTANT FIRM (KAP)
KAP Purwanto Susanti & Surja In order to maintain independence during the 2025
Registered Public Accountant KMK No. 69/MK/SK/2025 general audit, the Public Accountant as the party
appointed by KAP Purwanto Susanti and Surja to provide
SUPERVISION OF EXTERNAL AUDITORS a signature on the audit opinion for the financial year
In 2025, the Public Accounting Firm that audits the Bank’s ending December 31, 2025 has signed an Independence
consolidated financial statements is KAP Purwanto Statement Letter stating that he is independent as defined
Susanti dan Surja which is affiliated with Ernst and Young in OJK Circular Resolution No. 18/SEOJK.03/2023 and the
Global. The appointment of KAP Purwanto Susanti dan Audit Standards set by IAPI.
Surja was carried out through a process in accordance
with applicable regulations. The appointment has been
reviewed and supervised by the Audit Committee,
including in terms of determining the audit fee on a fair
basis. Supervision by the Audit Committee is carried out
through regular meetings with KAP to discuss findings
and developments during the audit conducted by KAP,
assist and ensure that there are no obstacles in the
implementation of the audit, and evaluate the quality of
the audit process, ensuring that the audit implementation
is in accordance with applicable regulations and
standards.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Information regarding KAP and Public Accountants who have audited the Bank’s Financial Statements in the last 5 (five)
years is as follows:
No Item 2025 2024 2023 2022 2021
1 Name of Public Yasir Yasir Yasir Muhammad Christophorus
Accoutant Kurniawan Alvin Kossim
who audited the Registered Public Auditor No. Registered Registered
Annual Financial AP.0703 Public Auditor Public Auditor Registered Registered
Statements No. AP.0703 No. AP.0703 Public Auditor Public Auditor
No. AP.0240 No. AP.1681
2 Name of Public KAP Purwanto Susanti & Surja KAP Purwantono, KAP Purwantono, KAP Purwantono, KAP Purwantono,
Accoutant Firm Sungkoro & Surja Sungkoro & Surja Sungkoro & Surja Sungkoro & Surja
that audited the Registered Public Accountant
Annual Financial KMK No. 69/MK/SK/2025 Registered Registered Registered Registered
Statements Public Public Public Public
Accountant Accountant Accountant Accountant
KMK No. 603/ KMK No. 603/ KMK No. 603/ KMK No. 603/
KM.1/2015 KM.1/2015 KM.1/2015 KM.1/2015
3 Audit Fee for each Audit Audit Audit Audit Audit
type of service 31 December 2025: 31 December 31 December 31 December 31 December
provided by public Rp4.780.000.000 (Including 2024: 2023: 2023: 2021:
accountant for review of modeling related Rp4,330,500,000 Rp4,264,000,000 Rp4,264,000,000 Rp5,026,700,000
each financial to Expected Credit Losses (Including (Including (Including (Including
year in accordance with PSAK 71 review of review of review of review of
Rp405.000.000) modeling modeling modeling validation
related to related to related to model related
Expected Expected Expected to PSAK 71
Credit Losses Credit Losses Credit Losses Rp1,236,000,000)
in accordance in accordance in accordance
with PSAK 71 with PSAK 71 with PSAK 71
Rp164,000,000) Rp300,000,000) Rp300,000,000)
4 Other services Review on Review on Review on Review on Review on
from Public 30 June 2025: Rp1.210.000.000 30 June 2024: 30 June 2023: 30 June 2022: 30 June 2021:
Accounting Firm Rp1,152,000,000 Rp1,152,000,000 Rp1,152,000,000 Rp1,112,863,500
for each financial Issuance of
year Comfort Letter
and preparation
of prospectus
for Shelf
Registration
Bond IV
issuance:
Rp915,000,000
602 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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ACCESS TO THE COMPANY’S
INFORMATION AND DATA
On an ongoing basis, Maybank Indonesia continues Mass Media Relations
to update information and provide easy access
No Activities 2025
to information regarding the Bank’s activities
1 Press Conference 10
and performance both internally to the Board of
Commissioners, and externally to shareholders and other 2 Press Release 36
stakeholders in order to provide a clear and transparent 1
4 Media Training
picture of the Bank’s condition. Some of the information
5 Meeting with Media 21
facilities provided by the Bank are through the Bank’s
website, which is in two languages (Indonesian and
English), mass media public information, the Bank’s official
News Delivered
social media channels, mailing lists, newsletters, meetings
with analysts and other stakeholders, the Bank’s contact No News Delivered Total Percentage
facilities, the official IDX website, and so on. 1 Berita Netral & Positif 14,767 99%
2 Berita Negatif 38 1%
Maybank Indonesia also provides the Annual Report
through the Bank’s official website in two languages. In
this regard, the Bank tasked the Investor Relations unit
Media Coverage
to continue to build positive reputation for the Bank, by
developing relationships with investors/analysts, both No Month Total
interactively and through the delivery of information 1 January 906
carried out periodically, especially related to the Bank’s 747
2 February
performance.
3 March 1,298
Maybank Indonesia always provides easy information 4 April 860
to all stakeholders to access information about the 5 May 1,039
Company’s performance, both financial and non-
6 June 858
financial, through communication channels such as press
releases, public exposures, and information posting on 7 July 1,251
websites or social media owned and managed by the 8 August 1,800
Bank.
9 September 1,526
The Bank also actively disseminates information to 10 October 1,774
printed media and electronic media. To obtain further 11 November 1,247
information, customers or prospective customers can
12 December 1,461
contact the following access:
1. Phone number: (021) 2922-888. TOTAL 14,767
2. E-mail: ccommunications@maybank.co.id
3. Contacting the Bank’s services at the nearest branch.
Investors can directly contact the Company’s Investor
Relations Service via e-mail: InvestorRelations@maybank.
co.id..
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06 / G O O D C O R P O R A T E G O V E R N A N C E
PRESS RELEASE
No Press Release Date
1 Maybank Indonesia Siap Gelar Maybank Marathon 2025 di Bali 9 January 2025
2 Gelar Shariah Thought Leaders Forum 2025, Maybank Indonesia Dorong Penguatan Ekonomi Syariah 13 January 2025
3 Maybank Indonesia Raih Penghargaan sebagai Bank Terbaik dalam Keuangan Berkelanjutan dari 11 February 2025
Global Finance
4 Laba Sebelum Pajak Maybank Indonesia Sebesar Rp755 Miliar Pada Triwulan IV 2024, Naik 8,1% 21 February 2025
5 Maybank Indonesia Dukung Penyelenggaraan Kompetisi AI, Coding dan Robotika Codeavour 6.0 22 February 2025
6 Maybank Indonesia Tingkatkan Benefit bagi Nasabah Maybank Premier 25 February 2025
7 Maybank Islamic dan UUS Maybank Indonesia Kembali Gelar Program Regional Ramadhan Relief 2 March 2025
8 MyProtection Future Maybank, Persiapan Warisan Bernilai Maksimal bagi Masa Depan Keluarga 5 March 2025
9 Unit Usaha Syariah Maybank Indonesia Gelar Kegiatan Berbagi di Bulan Ramadhan 10 March 2025
10 Maybank Indonesia Luncurkan Layanan Konsultasi Waris untuk Nasabah Shariah Wealth Management 13 March 2025
11 Dato’ Sri Khairussaleh Ramli Diangkat Kembali Jadi Presiden Komisaris Maybank Indonesia 11 April 2025
12 Maybank Indonesia Salurkan Pembiayaan KKUB Sebesar Rp22,1 Triliun 16 April 2025
13 Maybank Indonesia Raih Dua Penghargaan Euromoney Private Banking Awards 2025 24 April 2025
14 Pacu Bisnis UKM, Maybank Indonesia Perkuat Customer Centricity dan Perluas Kemitraan 25 April 2025
15 Maybank Indonesia Tunjukkan Performa Kuat di Awal Tahun dengan Kenaikan Laba Bersih 64,9% pada 30 April 2025
Kuartal I 2025
16 Maybank Indonesia Bukukan Laba Sebelum Pajak Pada Triwulan Pertama 2025 Sebesar Rp506 Miliar 30 April 2025
17 Maybank Indonesia Dukung Pembangunan Pabrik Mobil Listrik VinFast melalui Pembiayaan 14 May 2025
Berkelanjutan
18 Menuju Bali, Maybank Indonesia Resmi Gelar Pelatihan Intensif Road to Maybank Marathon 25 May 2025
19 Kemitraan Strategis LPEI dan Maybank Indonesia Dorong Ekspor Nasional 18 June 2025
20 Perkuat Ekosistem Keuangan Syariah, Maybank Indonesia Fasilitasi Forum Pendalaman Pasar Uang 19 June 2025
dan Valas
21 3 Pilar Sukses Maybank Indonesia di Human Capital Awards 30 June 2025
22 Maybank Indonesia Hadirkan Tantangan Baru di Maybank Cycling Series Il Festino 2025 8 July 2025
23 Rayakan Hari Anak Nasional, Maybank Indonesia Ajak Siswa Belajar Kelola Uang Sejak Dini 24 July 2025
24 Laba Sebelum Pajak Maybank Indonesia Naik 170,4% menjadi Rp766 Miliar Pada Semester Pertama 30 July 2025
2025
25 Strategi Transformasi Maybank Indonesia Memperkuat Bisnis UKM, Membangun Keberlanjutan 4 August 2025
26 Maybank Marathon 2025 Siap Sambut Para Pelari di Bali 18 August 2025
27 Maybank Indonesia Luncurkan Inisiatif “Jejak Hijau Desa Sanding: Menuju Masa Depan Netral-Karbon 22 August 2025
28 Maybank Indonesia Siap Flag Off Maybank Marathon 2025 23 August 2025
29 Maybank Marathon 2025 Umumkan Para Juara 24 August 2025
30 Suara Para Juara Maybank Marathon 2025 25 August 2025
31 Maybank Indonesia & Nanobank Syariah Sepakati Strategic Partnership Realisasikan Transaksi Sharia 3 September 2025
Restricted Investment Account (SRIA) Pertama di Indonesia
32 Euromoney - Maybank Indonesia Catat Tren Pertumbuhan Berkelanjutan di Segmen SME 12 September 2025
33 Aksi Nyata Maybank Indonesia: Integrasi Inisiatif Sustainability di Maybank Marathon 2025 15 September 2025
34 Allianz Life Indonesia dan Maybank Indonesia Hadirkan Solusi Proteksi & Investasi melalui MyProtection 18 September 2025
Growth
35 Dukung Generasi Berkelanjutan, Maybank Indonesia Usung Tema ‘Literasi Hijau’ di Global CR Day 2025 27 September 2025
36 Dampak Ekonomi Penyelenggaraan Maybank Marathon di Bali Terus Bertumbuh 6 Oktober 2025
37 Allianz Life Indonesia dan Maybank Indonesia Luncurkan MyProtection Simple di Aplikasi M2U ID App 23 Oktober 2025
untuk Perlindungan Jiwa yang Mudah, Cepat, dan Terjangkau
38 Laba Sebelum Pajak (PBT) Maybank Indonesia Naik 53,9% Menjadi Rp1,30 triliun pada Sembilan Bulan 31 October 2025
2025
39 Perluas Jaringan Layanan, Maybank Indonesia Buka Kantor Cabang Palangkaraya 4 November 2025
40 Maybank Indonesia Siapkan Sindikasi Fasilitas IMBT Berbasis Keberlanjutan untuk Proyek PLTGU PLN 5 November 2025
Batam Senilai Total Rp3,3 Triliun
41 Maybank Indonesia Perluas Jangkauan Layanan dengan Resmikan KCP Subang 7 November 2025
42 Maybank Indonesia Perkuat Peran dalam Pengembangan Industri Pasar Modal Syariah Nasional 13 November 2025
43 Sasar Pasar Emerging Affluent, Maybank Indonesia Kembangkan Segmen Privilege Banking 19 November 2025
44 Ubah Kayuhan Menjadi Kebaikan Melalui ‘Gowes Ke-BIKE-an’ Di Maybank Cycling Series Il Festino 2025 21 November 2025
45 Maybank Indonesia-YKAN Kolaborasi dalam Pemberdayaan Perempuan dan Konservasi Hutan 26 November 2025
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No Press Release Date
46 Maybank Indonesia Perkuat Komitmen Keberlanjutan Di Maybank Cycling Series Il Festino 2025 29 November 2025
47 Maybank Cycling Series Il Festino 2025 Yogyakarta Umumkan Para Juara 30 November 2025
48 Maybank Indonesia Perkuat Ekosistem Digital Banking melalui Modernisasi Teknologi dan 4 December 2025
Pengembangan M2U ID App
49 Maybank Indonesia Perkuat Sinergi Lintas Batas dengan TSH Group 8 December 2025
50 Maybank Perkuat Inklusi dan Literasi Keuangan ASEAN melalui “Maybank Regional Financial Education 10 December 2025
Excellence Awards” Ke-4
51 Dukung Percepatan Pemulihan, Maybank Indonesia Salurkan Bantuan kepada Korban Bencana Alam 23 December 2025
Sumatera
INTERNAL COMMUNICATION
Communication to all internal employees is conducted through the following communication channels:
• Internal Magazine (Kabar Maybank) which is in electronic format and published monthly.
• E-mail blast, or delivery of information to all employees related to the Bank’s activities and developments, as well as
management messages via email from the Corporate Communication address.
• Townhall Meeting, a communication forum attended by management, regional and branch leaders, and work
unit leaders to inform the Bank’s performance in a certain period as well as initiatives that are being and will be
implemented by the Bank.
• MyNet is an application that can only be used and accessed by all employees that contains information related to
employee/Human Capital matters and activities or programs and other information for employees.
Activities Frequency
Kabar Maybank Magazine (edition) 12
E-mail blast 493
Townhall meeting 4
Internal Employee Events 7
CODE OF ETHICS AND CODE OF CONDUCTS
Maybank Indonesia has in place and implements a The main points and contents of the Code of Ethics and
Code of Ethics and Guidelines for Conduct that regulate Code of Conduct owned by Maybank Indonesia are as
standards, business conduct, and ethical personal follows:
behavior for all employees and stakeholders in carrying 1. Responsibility to the company
out work activities in the workplace. Both aim to uphold 2. Workplace responsibilities
integrity in carrying out sound business practices 3. Ethics in representing the company and interacting
and implementing the principles of Good Corporate with external parties
Governance (GCG). 4. Confidentiality, including implementation of personal
data security
MAIN CONTENTS OF THE CODE OF ETHICS AND 5. Investments and external activities, including those
CODE OF CONDUCT related to conflicts of interest
Policies related to the regulation of the Bank’s Code of 6. Compliance with anti-money laundering, prevention
Ethics and Code of Conduct include the following: of terrorism financing, prevention of proliferation
1. Collective Employment Agreement of PT Bank financing for weapons of mass destruction, and anti-
Maybank Indonesia Tbk bribery, corruption, collusion, and nepotism.
2. Company Regulation regarding Code of Ethics and
Code of Conduct of Maybank Indonesia
3. Board of Directors Declaration on Conflict of Interest
4. Board of Directors Regulation regarding Employee
Discipline Development Action
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STATEMENT THAT THE CODE OF ETHICS AND DATA ON THE DISCIPLINARY SANCTION
CODE OF CONDUCT APPLIES AT ALL LEVELS OF IMPOSED IN 2025
THE ORGANISATION Throughout 2025, disciplinary actions were taken
Maybank Indonesia imposes an obligation to comply with against 362 employees found to have violated company
the Code of Ethics and Code of Conduct to the Board of regulations. Maybank Indonesia applies several
Commissioners, Board of Directors, Sharia Supervisory categories of disciplinary action, including, but not limited
Board, all employees, officers, and all Bank partners to to, issuing warning letters for minor violations and serious
read and understand the Code of Ethics and Code of warning letters for moderate and serious violations.
Conduct and apply it in carrying out their respective Throughout 2025, 216 employees received serious warning
duties and job responsibilities. The implementation and letters. The total breakdown of serious warning letter
application of the Code of Ethics and Code of Conduct is disciplinary action is as follows:
the joint responsibility of Maybankers at all levels of the
organisation, as well as one of the Bank’s commitments to NUMBER OF DISCIPLINARY
implement Good Corporate Governance in achieving the No. Type of Sanction SANCTIONS IMPOSED
DURING 2025
established vision and mission. Renewal of commitment
to the Bank’s Code of Ethics and Code of Conduct is also 1. Warning Letter 1 103
carried out annually in order to adjust consistently and 2. Warning Letter 2 27
continuously.
3. Warning Letter 3 16
DISSEMINATION/SOCIALISATION, TOTAL 146
IMPLEMENTATION AND ENFORCEMENT OF * During 1 (one) year, 1 (one) employee could receive more
CODE OF ETHICS AND CODE OF CONDUCT than 1 (one) Warning Letter if there is an escalation of
violations, or if the validity period of the Warning Letter has
On an ongoing basis, Maybank Indonesia socialises been completed, in accordance with the provisions regulated
the Code of Ethics and Code of Conduct and makes it by the Company.
mandatory for all employees to understand and live
the codes and declare their commitments to the codes’ TERMINATION OF EMPLOYMENT (PHK) AND
principles every year. Regional Heads of Work Units TOTAL AMOUNT OF PHK COMPENSATION
and highest officials must ensure that all employees in The number of employees affected by Termination of
their respective work environments declare a Personal Employment (PHK) and the total nominal amount of layoff
Commitment Statement on the Code of Ethics and Code compensation paid during 2025, is as shown in the table
of Conduct. below:
To ensure the consistent implementation and Nominal Amount of Termination
enforcement of the Code of Ethics and Code of Conduct, Compensation paid per Person in Number of Employees
1 (One) Year
Maybank Indonesia implements disciplinary measures
for employees found to have violated the Code of Ethics Above Rp1 billion 29
and Code of Conduct, in accordance with applicable Above Rp500 million to Rp1 million 53
provisions, to enhance awareness, compliance, and
Rp500 million and below 283
integrity in carrying out work activities.
* The above number refers to data on employees whose
employment ended other than due to resignation, and
TYPES OF DISCIPLINARY ACTIONS FOR received termination compensation.
VIOLATIONS OF THE CODE OF ETHICS AND
CODE OF CONDUCT The number of employees who Resigned and the total
For employees who violate the Code of Ethics and Code amount of severance pay paid during 2025, as in the table
of Conduct, Maybank Indonesia imposes disciplinary below:
sanctions in accordance with applicable regulations to
increase awareness of the application and enforcement Nominal Amount of Termination
of the code of ethics and code of conduct. The types of Compensation paid per Person in Number of Employees
1 (One) Year
disciplinary coaching actions provided include:
1. Letter of Reprimand Above Rp1 billion -
2. Warning Letter 1 Above Rp500 million to Rp1 million 1
3. Warning Letter 2
Rp500 million and below 131
4. Warning Letter 3
5. Termination of Employment (PHK) * The number above refers to data on employees whose
employment ended due to resignation and received
separation pay (not severance pay).
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CORPORATE CULTURE
Maybank Indonesia always carries out the mission of 3. Compliance
Humanising Financial Services by prioritising customer • Uphold and have thorough compliance with SOPs,
service, creating a conducive work environment for regulatory rules and other applicable rules.
employees as the Bank’s most important asset, and • Uphold and comply with, and live up to Maybank
realising responsibility to society and the community, at Code of Ethics and Conduct.
all times. The Bank also continues to promote a balance • Ensure reporting and resolution of any issues that
between productivity and personal life of employees come up, and find improvements.
(work-life balance) in order to live a positive work culture. • Become an agent of building a culture of
compliance in the work environment.
Maybank Indonesia has lived Perform, Comply, 4. Leadership
Accountable and Leadership as the Bank’s work culture, • A role model that inspires their teams and work
with details as follows: environment
1. Performance • Capable of articulating and living the vision, TIGER
• Set targets that best align with Company’s Values, and general goals of the organisation
strategies among his/her team.
• Have high quality standards • Supporting the growth and development of fellow
• Innovative and creative. teammates
• Uphold innovation, questioning and adding value • Respects different opinions and ideas contributed
to work processes to make them shorter, better by team members.
and faster. • Leaves a positive legacy for the company and the
• Deliver continuous high performance for the team he/she leads.
progress of Maybank. • Step up, make decisions, and shape team priorities
2. Accountability for the good of Maybank Group.
• Responsible for every job received
• Accepting the consequences of failure and In implementing the Bank’s Business Plan, Maybank
success sportingly. Indonesia always aligns all business achievement
• Do not make excuses and blame failures on other efforts with the Company’s culture or values. The Bank’s
parties. Corporate Values focus on empowering human resources
• Admitting mistakes and immediately setting to provide better service to customers and improve the
corrective actions. the Bank’s productivities.
• Honoring commitments and keeping promises.
• Daring to act in reporting unethical actions The corporate values are called TIGER Values, as follows:
objectively.
• Doing the right thing, deciding with a clear
conscience and without conflict of interest.
TEAMWORK INTEGRITY GROWTH EXCELLENCE & RELATIONSHIP
We work together as a We are trusted, We are passionate EFFICIENCY BUILDING
team based on mutual professional and ethical about constant We are committed to We continuously build
respect and dignity in all our dealings improvement and delivering outstanding genuine long-term and
innovation performance and mutually beneficial
superior service partnerships
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TRANSPARENCY OF THE BANK'S FINANCIAL AND
NON-FINANCIAL CONDITION THAT HAVE NOT
BEEN DISCLOSED IN OTHER REPORTS
TRANSPARENCY OF FINANCIAL CONDITION The Bank must submit the Annual Report to the Financial
Services Authority no later than 4 (four) months after
Annual Publication Report the end of the financial year. The Annual Report must be
The Bank’s Annual Publication Report is an Annual Report available to shareholders at the time of the invitation to
that describes the Bank’s performance within 1 (one) the Annual General Meeting of Shareholders (AGMS).
fiscal year and other information announced to the
public and submitted to the Financial Services Authority The Annual Report shall be submitted to the Financial
on an annual basis. The Annual Report is also a form of Services Authority through the Financial Services Authority
accountability of the Board of Directors and Board of reporting system and shall be announced on the Bank’s
Commissioners, to the General Meeting of Shareholders, Website on the same date as the submission of the
in managing and supervising the Bank within 1 (one) Annual Report to the Financial Services Authority. The
fiscal year, which is prepared based on the provisions report announcement on the Bank’s Website must be
in the Circular Letter of the Financial Services Authority uploaded for at least the last 5 (five) fiscal years.
regarding the Form and Content of the Annual Report of
Issuers or Public Companies and the Circular Letter of the In addition, the Bank also prepares a Sustainability Report,
Financial Services Authority regarding Transparency and which is a report announced to the public that contains
Publication of Conventional Commercial Bank Reports. the economic, financial, social, and environmental
performance of a financial services institution, Issuer, and
The contents of the Annual Report include, among others: Public Company in running a sustainable business.
a. General Information
b. Financial Performance Information The Sustainability Report is an integral part of the Annual
c. Risk Exposure and Capital Information Report but can be presented separately with the Annual
d. Governance Information Report. Submission of the Sustainability Report presented
e. Sustainability Report (may be presented separately separately with the Annual Report must be submitted
with the Annual Report) together with the submission of the Annual Report.
f. Annual Financial Statement
g. Information related to the Bank’s Business Group The address of the Bank’s website that contains the
h. Additional information for Banks that are Issuers and/ Annual Report and Sustainability Report can be accessed
or Public Companies at:
i. Other disclosures as stipulated in the Financial • Annual Report:
Accounting Standards https://www.maybank.co.id/corporateinformation/
j. Other information specified by the Financial Services InvestorRelation/annual-report
Authority • Sustainability Report:
https://www.maybank.co.id/corporateinformation/
Annual financial statements contained in the Annual csr/sustainibility-repots
Report must be prepared for 1 (one) fiscal year and
presented at least in the form of comparison with the
comparative period report in accordance with Financial
Accounting Standards in Indonesia and have been
audited by a Public Accountant. The Public Accountant’s
opinion on the financial statements must be stated in the
Annual Report.
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QUARTERLY PUBLICATION REPORT
The Quarterly Publication Report is a report for the end MONTHLY PUBLICATION REPORT
of March, June, September and December. The Quarterly The Monthly Publication Report includes monthly financial
Publication Report includes: statements consisting of:
a. Financial report. a. Statement of Financial Position (Balance Sheet).
b. Financial performance information. b. Income Statement and Other Comprehensive Income.
c. Information on the composition of shareholders, the c. Statement of Commitments and Contingencies.
composition of the Board of Directors, the composition
of the Board of Commissioners and the composition Monthly Publication Reports covering monthly financial
of the Sharia Supervisory Board for Sharia Commercial statements are presented individually. The Bank has
Banks. announced the Monthly Publication Report on the Bank’s
d. Other information specified by the Financial Services Website. The announcement of Monthly Publication Report
Authority. on the Bank’s Website is made no later than the end of
the following month after the end of the reporting month.
Financial statements in the Quarterly Publication Report The Bank is required to maintain the announcement of
are presented in the form of: Monthly Publication Report on the Bank’s Website for at
a. Individual financial statements; and least the last 2 (two) financial years.
b. Consolidated financial statements.
The Bank submits Monthly Publication Reports online
Financial statements in the Quarterly Publication Report through the Financial Services Authority reporting system
must be presented at least in the form of comparison (Apolo). Submission of Monthly Publication Reports online
with the comparative period report in accordance with through the Financial Services Authority reporting system
financial accounting standards. Maybank Indonesia as (Apolo) is carried out in accordance with the procedures,
part of a business group, must add Quarterly Publication format, and timeframe in the provisions regarding the
Report with: Financial Services Authority reporting system. The period
a. Parent Entity consolidated financial statements which of Monthly Publication Reports submitted are January,
include financial statements of all entities in the February, April, May, July, August, October and November.
business group in the financial sector; or
b. Consolidated financial statements of the Parent TRANSPARENCY OF THE COMPANY’S
Entity which includes the financial statements of all NON- FINANCIAL CONDITION
entities in the business group in the financial and non- The Bank’s non-financial transparency includes:
financial sectors. 1. Corporate Governance Information, which includes
the Annual Corporate Governance Report, Vision,
To fulfill the publication requirements, Maybank Indonesia Mission, Corporate Values, Composition and Profile of
published the Financial Statements for the end of March, the Board of Commissioners and Board of Directors,
June, September and December 2025 through the as well as internal provisions related to governance
company's website. The Quarterly Publication Financial ranging from the Articles of Association to the Charter
Statements and Consolidated Financial Statements have of Committees which are also published through the
been submitted to: Bank’s website.
a. OJK (Bank Supervision Department) 2. Information on the Bank’s products and services
b. OJK (Capital Market Supervisor) including its office network is published through the
c. Indonesia Stock Exchange Annual Report, leaflets, brochures or other written
forms in each branch office or in the form of electronic
In addition, the Consolidated Financial Statements as information provided on the Bank’s website, or the
of the end of December 2025have also been submitted Bank’s hotline service so that customers, investors and
to the Deposit Insurance Corporation. The Bank the wider community can easily access information on
has announced the Quarterly Publication Report in the Bank’s products and services.
accordance with applicable regulations. The Quarterly 3. Information on Complaint Submission Procedures and
Publication Report has also been announced through publication of reports submitted on the Bank’s website
the company’s website and online through the Financial for the implementation of consumer protection
Services Authority reporting system (Apolo). The Quarterly provisions.
Publication Report is signed at least by the President 4. Information on ownership structure transparency in
Director and 1 (one) member of the Bank’s Board of the Bank’s Annual Report and website.
Directors in charge of the accounting function. 5. Other information aimed at supporting information
disclosure, financial education and services to the
public.
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PROVISION OF FUNDS TO RELATED PARTY
AND LARGE EXPOSURE
As of 31 December 2025, the provision of funds to related parties and core debtors are as follows:
No Provision of Funds Debtors Nominal (Million Rupiah)
1. To Related Party 241 1,642,811
2. To Core Debtor:
- Individual 1 618,201
- Group 24 29,556,076
Provision of funds to related parties and to core debtors was carried out in line with the provisions of the Financial
Services Authority Regulation on the Maximum Lending Limit (LLL) and Large Exposure for Commercial Banks, and there
were no LLL exceedances or violations throughout 2025.
Periodically, the Bank submits reports to the Regulator including:
• Monthly Report on Maximum Lending Limit and Large Exposure individually
• Quarterly Report on Maximum Lending Limit and Large Exposure on a consolidated basis with Subsidiaries
• Six-monthly Report of List of Related Parties to the Bank
• Monthly Report of the Bank’s Core Debtors
The Bank has automated the reporting of the Maximum Lending Limit and Large Exposure, both individually for the Bank
and consolidated with subsidiaries, as well as the provision of Funds to Core Debtors. The Bank also has internal policies
regarding the management of the provision of funds to Related Parties and other than Related Parties to the Bank, as
well as establishing internal policies regarding the limit of provision of funds, such as the determination of internal limits
on the provision of funds for debtors and obligors.
The details of the Provision of Funds Report to Related Parties with the Bank (related party) for the position as of 31
December 2024, are as follows:
Total Balance/Related Party
No Company’s Name
(Million Rupiah)
1 Malayan Banking Berhad
Not Excluded from LLL 172,021
Excluded from LLL 194,741
2 PT Maybank Sekuritas Indonesia
Not Excluded from LLL 176,205
Excluded from LLL 0
3 MOCS, Sdn Bhd 0
4 Sorak Financial Holding, Pte Ltd 0
5 PT Maybank Asset Management
Not Excluded from LLL 36
Excluded from LLL 0
6 PT Asuransi Etiqa Internasional Indonesia
Not Excluded from LLL 174
Excluded from LLL 100,019
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Total Balance/Related Party
No Company’s Name
(Million Rupiah)
7 Komisaris, Direksi, Pejabat Eksekutif dan hubungan karena keluarga
Not Excluded from LLL 77,347
Excluded from LLL 59,196
8 PT Maybank Indonesia Finance
Not Excluded from LLL 51,362
Excluded from LLL 0
9 PT Wahana Ottomitra Multiartha Tbk
Not Excluded from LLL 227,564
Excluded from LLL 0
10 Penyertaan Pada Perusahaan Anak:
PT Maybank Indonesia Finance 32,370
PT Wahana Ottomitra Multiartha Tbk 551,776
Information on Provision of Funds to the 10 largest debtors/obligors (Large Exposure) are as follows:
No Debtor/Obligor Name Collectibility Balance (Million Rupiah)
1 A 1 2,828,558
2 B 1 2,719,971
3 C 1 2,244,392
4 D 1 2,112,832
5 E 1 2,102,400
6 F 1 1,942,057
7 G 1 1,914,089
8 H 1 1,906,488
9 I 1 1,870,882
10 J 1 1,864,281
PROVISION OF FUNDS FOR SOCIAL AND
POLITICAL ACTIVITIES
Based on the Bank’s internal policy as well as the Board of Directors Regulation related to Standard Operating Procedure
(SOP) for Corporate Social Responsibilitu (CSR), the Bank and its employees must not be involved in political activities,
including providing funds for political purposes. During 2025, the Bank made no provision of funds for political activities.
This policy is implemented to maintain the independence and professionalism of the Bank and its employees.
In terms of social activities, Maybank Indonesia has implemented several CSR Programmes that have a positive impact
on a wider audience for the long term and sustainably. The implementation of social activities will be reported in a
special section on Corporate Social Responsibility in this Annual Report.
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PROCUREMENT POLICY OF
GOODS AND SERVICES
POLICY ACTIVITIES RELATED TO CRITERIA AND
Maybank Indonesia establishes a policy on procurement SELECTION OF PARTNERS (SUPPLIERS)
of goods and services as a guideline for the Bank in In 2025, the selection process of prospective partners
realising the purchase of goods/services needed by has been carried out with reference to the applicable
work units to support the Bank’s operations or services regulations, including SLIK checking, taking into account
to customers. The goods/services must meet several on the legality requirements, reputation (track record),
important aspects, among others, in accordance with the existence and readiness of partners in providing goods/
established quality standards (requirements), the best services needed by Maybank Indonesia.
price, the mechanism for delivery of goods/services, the
mechanism for payment of bills and other matters as In accordance with applicable regulations, partners
required by the Bank. who are selected to cooperate with Maybank Indonesia
through a tender process, must have been registered in
Maybank Indonesia is committed to implementing a the Register of Partners of PT Bank Maybank Indonesia
transparent and objective goods/services procurement Tbk. where the partners have previously passed the
process so that all partners are treated fairly. selection (scoring process) conducted by the Maybank
Partners are also not allowed to participate in the Indonesia Vendor Relations team. In addition, these
procurement process improperly such as manipulating, partners must comply with Maybank Indonesia Code of
misrepresenting important facts, or engaging in other Ethics and behave professionally in providing goods/
fraudulent practices. services or carrying out cooperation on a project provided
by Maybank Indonesia. In operational services to meet
The Bank appreciates vendors who have participated in the needs of work units, Maybank Indonesia has been
the tender process in accordance with the established supported by the Procurement Management System
procedures and also to the selected vendors who realise (PMS) and - Vendor Relation Management System (VRM)
the procurement of goods/services needed. During so that the procurement process of goods/services and
the year 2025, tender participants have followed/seen Vendor Registration Process can be realised effectively
directly the tender process which was carried out in a and efficiently.
transparent and objective manner where the tender was
carried out by a credible tender team and at the end of
the tender process, the tender results were notified to
the participating tender participants. Overall, this policy
is also a manifestation of GCG values, namely TARIF
(Transparent, Accountable, Responsible, Independent and
Fair).
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CUSTOMER PROTECTION POLICY
The Customer Protection Policy is closely related to transformation process of “Customer Experience” at
the customer complaint management policy, where Maybank. This commitment is a tangible manifestation
in Maybank Indonesia the action is made in line with of the Bank’s attention to the importance of Customer
Maybank’s Mission of “Humanising Financial Services”, Perceived Values for sustainable business growth at
while still referring to the applicable Consumer Protection Maybank.
and Complaint Handling regulations.
In line with this, Maybank Indonesia also focuses on
The Bank also set a Service tagline “Serve with CARE, various design activities, programs and provisions
Winning Our Customers” which shows the level of to improve customer protection of deposits and
commitment from Top Down Management through a confidentiality of customer data by continuing to be
strategic focus on increasing Customer Engagement guided by applicable rules and regulations.
through the addition of the latest service innovations
in the Electronic Channels area, development of the Maybank Indonesia implements an information
“Relationship Management” system, improvement/ technology system that can protect and maintain all
simplification of end-to-end service processes and customer data and other protection activities, especially
increasing the level of communication in the CARE in terms of control and monitoring awareness in
(Customers Are Really Everything) campaign and minimising risks that have an impact on the security and
Customer Centric Culture, which is the platform for the comfort of customers as Maybank’s partners.
ANTICORRUPTION POLICY
The Bank has in place an Anti Bribery and Corruption 4. Contributions to political, fundraising and charitable
(AB&C) Policy that is aligned with supporting regulations, activities
such as the provisions of the Code of Ethics and Code of 5. Monitoring of
Conduct, Strategic Procurement, and provisions regarding 6. Record keeping and documentation
the Implementation of Anti Fraud Strategy. The scope 7. Whistleblowing
of Maybank Indonesia Policy generally regulates the 8. Training and Awareness
following matters:
1. Bribery and corruption risk management In addition, Maybank Indonesia also continues to optimise
2. Provisions regarding the provision and acceptance of the existence of effective programs to support the
benefits or gifts and business meals implementation of the Anti-Bribery and Corruption Policy
3. Business relationships with Suppliers, Vendors or within the Bank.
Related Persons/Other Third Parties
CREDITORS' RIGHTS SAFEGUARD
To ensure the safeguarding of creditor rights and Protection of creditors’ rights is contained in the
maintain creditor confidence, the Bank implements an contract agreed upon by both parties. As part of the
honest and transparent information disclosure system implementation of creditor rights, the Bank also always
and treats all creditors with equal treatment without carries out its obligations as agreed in a timely manner
discrimination. and strives to avoid delays or omissions that could
potentially cause losses to both parties.
By disclosing information, all creditors and business
partners may obtain relevant information according Maybank Indonesia prioritises legal risk mitigation by
to their needs, allowing each party to make objective ensuring that agreements with creditors and business
decisions based on fair, reasonable, and accurate partners adhere to the applicable laws and regulations
considerations. to avoid issues that could undermine the agreement,
such as contract law violations and insufficient collateral
binding.
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DIVIDEND DISTRIBUTION POLICY, ESOP MESOP
POLICY (LONG-TERM COMPENSATION POLICY)
DESCRIPTION OF DIVIDEND DISTRIBUTION Dividends for Financial Year 2023
POLICY AND THE AMOUNT OF DIVIDENDS In line with the decision made at the AGMS held on 1 April
DISTRIBUTED IN THREE YEARS 2024, the Bank paid dividends for financial year 2023. Of
Dividends represent a form of profit distribution to total net profits of Rp1,743,406,226,869,- for financial year
shareholders based on the net income earned during 2023, as much as Rp10.29365,- (ten rupiah point two nine
the respective financial year (after deducting allocations three six five cents) per share or 45% of the maximum
for reserves). A dividend may only be distributed if the total net profit with the amount of Rp784,532,802,091,- has
company has a profit, which is the net income of the been paid as dividends to the shareholders.
respective fiscal year after deducting the accumulated
losses from previous fiscal years. Dividends for Financial Year 2024
In line with the decision made at the AGMS held on 11 April
The bank distributes dividends in accordance with the 2025, the Bank paid dividends for financial year 2024. Of
prevailing regulations in Indonesia, particularly those total net profits of Rp1,115,963,322,571,- for financial year
related to the capital markets, stock exchanges, taxation, 2024, as much as Rp5.85691,- (five rupiah point eight five
and banking. Dividend distribution must be approved six nine one cents) per share or 40% of the maximum total
by shareholders in the General Meeting of Shareholders net profit with the amount of Rp446,385,329,029,- has
(GMS). been paid as dividends to the shareholders.
In accordance with the Financial Services Authority Dividends for Financial Year 2025
Regulation of the Republic of Indonesia No. 17 of 2023 The decision to determine the distribution of dividends
on the Implementation of Governance for Commercial from the Bank's net profit for the Financial Year 2025 will
Banks and to enhance the management of shareholders’ be submitted at the 2026 Annual GMS.
rights in dividend distribution, the Bank has established
an internal policy on dividend distribution. This policy is DESCRIPTION OF EMPLOYEE STOCK
outlined in the Board of Directors (BOD) Regulation No. PER. OWNERSHIP PROGRAM (ESOP/MSOP)
DIR.2024.001/DIR COMPLIANCE regarding the “Guidelines In 2025, the Bank did not implement Ownership Program
for the Process and Mechanism of Corporate Dividend for employees and/or Management.
Payment to Shareholders.” This internal policy is to ensure
that the Bank’s dividend distribution to shareholders
is carried out in compliance with applicable laws and
regulations while adhering to good corporate governance
principles and protecting the Bank’s interests. The Board
of Directors (BOD) Regulation provides implementation
guidelines for relevant work units involved in the Bank’s
dividend distribution, aiming to facilitate a more effective,
accountable, organized, and timely process while
ensuring compliance with prevailing regulations.
The BOD Regulation No. PER.DIR.2024.001/DIR COMPLIANCE
regarding the “Guidelines for the Process and Mechanism
of Corporate Dividend Payment to Shareholders” has been
communicated to shareholders and is available on the
Bank’s website.
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CONFLICT OF INTEREST POLICY
(INCLUDING INSIDER TRADING)
In order to realise the vision and mission of the company, in conducting transactions/business relationships/
maintain and maintain the trust of the public and investments, each employee and management is
customers, the Bank has developed a Conflict of Interest required to notify or declare to the company through
policy that must be followed by all stakeholders in the their direct supervisor/Work Unit Head in accordance with
Bank. In view of the above, all business/activities outside applicable regulations.
the interests of the Bank and are the personal interests
of employees and other related parties need to pay The Bank has a Conflict of Interest Policy that aims to set
attention to applicable laws and regulations, internal rules, identify, reduce and manage potential conflicts of
policies, ethical standards and company interests to interest that may arise as a result of the implementation
avoid conflicts of interest that have the potential or can of activities by the Bank’s business units. This policy
actually harm and disrupt the Bank’s reputation. reaffirms the prohibition of the use of Insider Trading in
personal transactions conducted by employees and/or
Every employee and management must carry out their management.
duties and responsibilities honestly, while working in the
company must be free from all interests outside the In the last three years there have been no allegations
interests of the Bank which can clearly adversely affect of insider trading involving Directors/Commissioners,
the implementation of their duties and obligations in the management and employees of Maybank Indonesia.
company. In the event of a potential conflict of interest
AFFILIATE AND CONFLICT OF INTEREST
TRANSACTIONS IN ACCORDANCE WITH
FINANCIAL SERVICES AUTHORITY REGULATION
NO. 42/POJK.04/2020 CONCERNING “AFFILIATE
TRANSACTIONS AND CONFLICT OF INTEREST
TRANSACTIONS”
Affiliate Transactions at Maybank Indonesia have been carried out in accordance with the provisions of Financial
Services Authority Regulation No. 42/POJK.04/2020 concerning Affiliate Transactions and Conflict of Interest Transactions
(“OJK Regulation 42”), which entails implementing the “arms’ length” principle and running procedures to ensure that
affiliate transactions adhere to the generally accepted business practices and meet the principles of fair transactions.
Maybank Indonesia has internal provisions governing Affiliate Transactions and Conflict of Interest Transactions that
comply with applicable laws and regulations, market needs. and current capital market best practices.
During 2025, there were Affiliate Transactions carried out by Maybank Indonesia that met with OJK Regulation 42.
According to OJK Regulation 42, not all Affiliate Transactions shall be a reported to the Financial Services Authority
(“OJK”) and the Indonesia Stock Exchange (“IDX”) if they do not meet the specified criteria.
All affiliated transactions at the Bank are conducted in accordance with adequate procedures to ensure adherence to
generally accepted business practices.
Maybank Indonesia consistently adheres to POJK 42 in conducting affiliated transactions. In reference to this regulation,
the Board of Directors declares that each affiliated transaction has undergone adequate procedures to ensure it is
carried out in accordance with generally accepted business practices, including through a review process and in
compliance with the arm's-length principle.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
The Board of Commissioners and the Audit Committee play a role in implementing adequate procedures to ensure
that affiliated transactions are carried out in accordance with generally accepted business practices, including in
compliance with the arm's-length principle.
The Bank's Audit Committee is also tasked with reviewing and providing recommendations on significant affiliated/
related-party transactions, and submitting these recommendations to the Board of Commissioners for determination of
whether the transaction is in the best interests of the Bank. If so, the Audit Committee can determine fair and reasonable
terms.
Transactions with Affiliates reported to OJK and IDX are presented in the following table:
Nature of the Affiliate Relationship
No. Affiliate Affiliate Transaction Object
with Maybank Indonesia
1 Malayan Banking Berhad The Affiliate Relationship between The object of the affiliate transaction is the
(“MBB”) Maybank Indonesia and MBB is based reimbursement payment for the Teammate Annual
on the relationship between the License Fee from Maybank Indonesia to MBB.
company and its major shareholders.
The amount of the TeamMate Application Annual
MBB is the Major Shareholder of License Maintenance Fee, which is the responsibility
Maybank Indonesia. of Maybank Indonesia, has been paid by MBB to
Commerce Clearing House (CCH, Malaysia) Sdn.
Bhd. Maybank Indonesia is then obliged to make
a reimbursement payment for the TeamMate
Application Annual License Maintenance Fee to MBB.
2 Maybank Shared Services The affiliate relationship between The object of the affiliate transaction is the
(“MSS”) Maybank Indonesia and MSS is reimbursement payment for Kondor System
based on the relationship between Maintenance Costs from Maybank Indonesia to MSS.
the companies and their major
shareholders. The amount of Kondor System Maintenance Costs
owed by Maybank Indonesia has been paid by
MSS and Maybank Indonesia are Maybank Indonesia to MSS.
controlled by the same party, namely
Malayan Banking Berhad.
3 Maybank Shared Services The affiliate relationship between The object of the affiliate transaction is the
(“MSS”) Maybank Indonesia and MSS is transaction for the provision of Splunk Regional
based on the relationship between Security Operation Center (“RSOC”) services from
the companies and their major Maybank Indonesia to MSS.
shareholders.
MSS and Maybank Indonesia are
controlled by the same party, namely
Malayan Banking Berhad.
4 Malayan Banking Berhad The Affiliate Relationship between The object of the affiliate transaction is the
(“MBB”) Maybank Indonesia and MBB is based reimbursement payment of the Manchester United
on the relationship between the co-branding partnership royalty fees from Maybank
company and its major shareholders. Indonesia to MBB.
MBB is the Major Shareholder of The amount of the Manchester United co-branding
Maybank Indonesia. partnership royalty fees owed by Maybank Indonesia
has been paid by Maybank Indonesia to MBB.
5 Malayan Banking Berhad The Affiliate Relationship between The object of the affiliate transaction is the
(“MBB”) Maybank Indonesia and MBB is based reimbursement payment of Bankers Comprehensive
on the relationship between the Crime and Civil Liability (BCPI) & Cyber Insurance
company and its major shareholders. premiums from Maybank Indonesia to MBB.
MBB is the Major Shareholder of The amount of BCPI & Cyber Insurance premiums
Maybank Indonesia. owed by Maybank Indonesia has been paid by
Maybank Indonesia to MBB.
6 Malayan Banking Berhad The Affiliate Relationship between The object of the affiliate transaction is the
(“MBB”) Maybank Indonesia and MBB is based reimbursement payment for the purchase of Jacky
on the relationship between the Cheung concert tickets from Maybank Indonesia to
company and its major shareholders. MBB.
MBB is the Major Shareholder of The amount of the purchase cost of Jacky Cheung
Maybank Indonesia. concert tickets, which is the obligation of Maybank
Indonesia, has been paid by Maybank Indonesia to
MBB.
All Affiliate Transactions carried out by Maybank Indonesia throughout 2025 did not contain Conflicts of Interest as
referred to in Financial Services Authority Regulation No. 42/POJK.04/2020 concerning “Affiliate Transactions and Conflict
of Interest Transactions”.
616 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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BAD CORPORATE GOVERNANCE PRACTICES
No Description Tahun 2025
Information Disclosure and Bad Corporate Governance Practices
1 Date of publication of the Annual Financial Statements 25 February 2026
Maybank Indonesia publishes Annual
Financial Report on time
as stipulated by regulation.
2 Date of publication of the Annual Report 26 March 2026
Maybank Indonesia publishes Annual
Reports always on time as stipulated
by regulations.
3 Independent auditor's opinion on the company's financial statements Fair
4 Has there been any insider trading involving Directors/Commissioners, management No
and employees in the last three years? Maybank Indonesia, including the
Board of Commissioners/Directors,
Management and employees have
never been involved in human
trafficking cases insider trading in the
last 3 (three) years
5 Have there been any cases of non-compliance with laws, rules and regulations No
relating to significant or material related party transactions in the last three years? Maybank Indonesia always
complies with statutory provisions in
transactions with related parties
6 Does the company face sanction from regulators for not making an announcement No
within the specified timeframe for a material event? Maybank Indonesia always provides
material information to regulators
7 Is there any evidence that the company has not complied with any listing rules and Maybank Indonesia has complied
regulations during the past year other than disclosure rules? with all regulations including those
outside the Annual Report disclosure
rules
Other disclosures
8 There are reports of the company polluting the environment Nothing
9 Important matters currently being faced by the company, subsidiaries, or incumbent Nothing
members of the Board of Directors and/or members of the Board of Commissioners
are not disclosed in the Annual Report.
10 A guilty verdict from the highest tax court regarding any tax matter during the last Nothing
three years
11 Non-conformity of presentation of annual reports and financial statements with Nothing
applicable regulations and PSAK
12 Any violation of laws relating to labor/employment/consumer/bankruptcy/ Nothing
commercial/competition or environmental issues
13 There is no disclosure of operating segments in listed companies. Nothing
14 There is non-conformity of the hardcopy to the softcopy of Annual Reports Nothing
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BANK STRATEGIC PLAN
Maybank Indonesia’s strategy plan is presented in the Management Discussion and
Analysis chapter, the Business Prospects sub-chapter. Maybank Indonesia describes the
Bank's business prospects in connection to industry conditions, the broader economy, and
international markets, backed up by quantitative data from credible sources. Furthermore,
in the sub-chapter, Maybank Indonesia describes the Bank’s future plans, strategies, and
policies.
ACTION PLAN AND ITS IMPLEMENTATION
To ensure the effective and sustainable implementation of Throughout 2025, the majority of the action plans that
Good Corporate Governance (GCG), Maybank Indonesia had been established were completed in accordance
consistently formulates and implements various action with the targeted timelines. The implementation of these
plans derived from internal evaluations as well as improvement initiatives includes strengthening internal
recommendations from regulators. These action plans control processes, refining policies and operational
form part of the Bank’s continuous improvement efforts procedures, as well as enhancing the effectiveness of the
in enhancing business processes, risk management, and risk management system.
governance practices across the Bank.
In certain cases, the implementation of action plans
Each action plan is developed by considering the level of requires a longer timeframe as it involves system
priority, the complexity of implementation, and its impact development processes, cross functional coordination
on the Bank’s operational activities. The implementation among work units, or adjustments to regulatory changes.
of these action plans is monitored periodically by Nevertheless, the Bank continues to conduct intensive
management and reported to the Board of Directors monitoring to ensure that all action plans can be
and the Board of Commissioners through established completed in a timely manner.
reporting mechanisms.
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RATIO OF HIGHEST AND LOWEST SALARY AND
VARIABLE REMUNERATION RECEIVED BY
EMPLOYEES
Employee Salary Ratio
Magnitude of Ratio
Ratio Type
2024 2025
Ratio of highest and lowest employee salary 47.85 45.58
Ratio of highest and lowest Directors’ salary 2.98 2.58
Ratio of highest and lowest Commissioner’s salary 1.27 1.27
Salary ratio of highest Directors and highest employees 2.58 2.70
VARIABLE REMUNERATION FOR EMPLOYEES IN 2025
Amount received in 1 year
Variable Remuneration Employees
People Rp (Million)
Total 6,355 251,735.93
SHARES AND/OR BANK BOND BUY BACK
In managing its capital and funding structure, Maybank Maybank Indonesia also did not carry out any buy back of
Indonesia consistently upholds the principle of prudence bonds issued by the Bank. All obligations related to debt
and ensures that every strategic decision is made with instruments issued by the Bank are managed prudently
due consideration of the Bank’s long-term interests and by considering the funding structure, maturity profile, and
those of its stakeholders. This policy is also aligned with prevailing financial market conditions.
regulatory requirements and best practices in banking
capital management.
Throughout 2025, Maybank Indonesia did not conduct
any buyback of shares issued by the Bank. The policy
regarding share buybacks always takes into account
various considerations, including market conditions,
capital requirements, and applicable laws and
regulations.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
OTHER INFORMATION RELATED TO
BANK GOVERNANCE
Throughout 2025, Maybank Indonesia consistently upheld In addition, during 2025 there were no internal disputes
the principles of Good Corporate Governance (GCG) in that had a material impact on the Bank’s operational
all business activities. The Bank ensured that all decision activities or organizational stability. Any differences of
making processes were conducted professionally and opinion that may arise in the decision-making process
free from any intervention that is not in accordance with were resolved through the applicable governance
applicable laws and regulations or prevailing governance mechanisms, including through discussions in meetings
principles. of the Board of Directors, meetings of the Board of
Commissioners, and relevant committee forums.
In the management of the Bank, there was no intervention
from shareholders that could affect the independence Maybank Indonesia also ensured that the remuneration
of management in conducting business activities. All policy implemented was designed to be fair, transparent,
relationships between shareholders and management and aligned with both individual performance and the
were carried out in accordance with applicable laws and Bank’s overall performance. The policy is formulated and
regulations as well as through established governance reviewed periodically by considering the principles of
mechanisms, including through the General Meeting of prudence, risk management, and best practices in the
Shareholders (GMS) and transparent communication with banking industry.
the Bank’s management.
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IMPLEMENTATION OF OJK PUBLIC
COMPANY GOVERNANCE GUIDELINES
In accordance with Financial Services Authority Regulation No. 21/POJK.04/2015 concerning the Implementation of the
Public Company Governance Guidelines and Financial Services Authority Circular No. 32/SEOJK.04/2015 concerning the
Public Company Governance Guidelines, Maybank Indonesia implements 5 (five) aspects and 8 (eight) principles of
Good Corporate Governance, supplemented by 25 (twenty-five) recommendations.
The implementation of these aspects, principles, and recommendations is carried out using a "comply or explain"
approach, demonstrating a commitment to transparency and accountability. In general, Maybank Indonesia has
complied with these recommendations, as detailed below:
Aspects Principle Recommendations Implementation
1. The Relationship Principle 1: 1.1 Public companies have technical methods Comply
between Public Enhancing the Value or procedures for collecting votes, both
Companies and of Holding a General openly and privately, which prioritize The Bank has complied with these
Shareholders in Meeting of Shareholders the independence and interests of recommendations.
Guaranteeing (GMS) shareholders
Shareholder Rights The procedures for voting are regulated in the
Bank's Articles of Association.
In the implementation of each GMS, the
voting mechanism is part of the meeting
rules and procedures, which are informed
to shareholders through an announcement
on the Company's website and read out
at the beginning of the General Meeting of
Shareholders.
1.2 All members of the Board of Directors and Comply
members of the Board of Commissioners
of the public company are present at the The Bank complied with this recommendation.
annual GMS The 2025 AGMS was attended by the entire
Board of Commissioners, while the Board
of Directors was represented by 9 (nine)
members due to one member's absence.
1.3 A summary of the minutes of the GMS Comply
shall be available on the public company's
website for at least 1 (one) year The Summary of the Minutes of the GMS for
2025, both in Indonesian and English, has
been announced no later than 1 (one) working
day after the GMS is held and uploaded to
the Maybank Indonesia Website, OJK, eAsy
KSEI and the IDX Electronic Reporting System.
The Maybank Indonesia Website presents
information related to the implementation
of the GMS, including the Summary of the
Minutes of the GMS in the last 5 (five) years.
Maybank Indonesia also displays a summary
of the minutes of the GMS in Indonesian and
English, which is uploaded 1 (one) working
day after the GMS is held on the Maybank
Indonesia website.
Principle 2: 2.1 Public companies have a communication Comply
Improving the policy with shareholders or investors
Quality of Corporate The Bank has developed a communication
Communications policy with shareholders and investors as
with Shareholders or recommended.
Investors
2.2 Public Companies disclose their Comply
communication policies with shareholders
or investors on their websites The Bank has complied with this
recommendation. Maybank Indonesia's has
uploaded its communication policy with
shareholders or investors on the Maybank
Indonesia website.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Aspects Principle Recommendations Implementation
2. Functions and Roles Principle 3: 3.1 Determination of the number of members Comply
of the Board of Strengthening the of the Board of Commissioners considers
Commissioners Membership and the conditions of the public company The membership and composition of
Composition of the the Board of Commissioners of Maybank
Board of Commissioners Indonesia have complied with the provisions
of Article 20 of POJK No. 33/POJK.04/2014
concerning the Board of Directors and
Board of Commissioners of Issuers or Public
Companies, namely, the number of members
of the Board of Commissioners is more than
2 (two) people. The number of members of
the Board of Commissioners of Maybank
Indonesia is 8 (eight) people, 50% of whom
are Independent Commissioners. In addition
to considering the provisions in the relevant
regulations, in determining the number of
members of the Board of Commissioners, the
Bank also considers the condition of the Bank.
3.2 Determining the composition of the Board Comply
of Commissioners members considers
the diversity of expertise, knowledge, and The composition of the Bank's Board of
experience required Commissioners is determined by considering
the diversity of expertise, knowledge, and
experience, in accordance with the Bank's
needs and strategic plans. Compliance with
this recommendation is in accordance with
applicable regulations.
Principle 4: 4.1 The Board of Commissioners has a Comply
Strengthening the self-assessment policy to assess
Membership and the performance of the Board of The Bank has a policy for self-assessment
Composition of the Commissioners. and peer-assessment of the performance of
Board of Commissioners the Board of Commissioners and committees
through the Board of Commissioners (“BOC”)
and BOC Committees Effectiveness Evaluation
(“BEE”) framework, indicating that the Bank
has complied with this recommendation.
4.2 The self-assessment policy for assessing Comply
the performance of the Board of
Commissioners is disclosed in the annual The self-assessment and peer-assessment
report of the public company policies for assessing the performance of the
Board of Commissioners and the Board of
Commissioners Committees are disclosed in
the Annual Report each year, as presented
in this Report in the Chapter entitled
Assessment of the Performance of the Board
of Commissioners.
4.3 The Board of Commissioners has a policy Comply
regarding the resignation of members of
the Board of Commissioners if they are The policy regarding resignation for members
involved in financial crimes of the Board of Commissioners of Maybank
Indonesia is regulated in the Articles of
Association, in Article 18, paragraph (7), letter
e of the Articles of Association of Maybank
Indonesia, which states that the term of
office of the Board of Commissioners ends,
among other things, if they no longer fulfill
the requirements of applicable laws and
regulations.
4.4 The Board of Commissioners or the Comply
committee that carries out the nomination
and remuneration function prepare a The Bank has a Nomination and
succession policy in the nomination Remuneration Committee, which has
process for members of the Board of prepared policies in the nomination process
Directors and succession planning for members of the
Board of Directors.
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Aspects Principle Recommendations Implementation
3. Functions and Roles Principle 5: 5.1 Determination of the number of members Comply
of the Board of Strengthening the of the Board of Directors considers the
Directors Membership and conditions of the public company and the The composition of the Board of Directors of
Composition of the effectiveness of decision-making Maybank Indonesia has complied with the
Board of Directors provisions of Article 20 POJK 33/POJK.04/2014
concerning the Board of Directors and
Board of Commissioners of Issuers or Public
Companies, namely, the Board of Directors
of Issuers or Public Companies consists
of at least 2 (two) members of the Board
of Directors. As of December 31, 2025, the
number of Maybank Indonesia's Board
of Directors is 10 (ten) people, and the
determination has been based on Maybank
Indonesia's strategic needs. The effectiveness
of the Board of Directors' decision-making
is regulated in the Articles of Association
of Maybank Indonesia. The Articles of
Association can be accessed on the official
website of Maybank Indonesia.
5.2 Determination of the composition of the Comply
Board of Directors members considers
the diversity of skills, knowledge, and Determination of the composition of the
experience required members of the Board of Directors of
Maybank Indonesia considers the diversity
of expertise, knowledge, educational
background, and experience required by the
Bank, and in fulfilling this recommendation,
Maybank Indonesia also refers to applicable
regulations.
5.3 Members of the Board of Directors who Comply
are in charge of the accounting or finance
sector have expertise and/or knowledge in Mr. Shaiful Adhli Yazid - Finance Director
the field of accounting. of Maybank Indonesia, has good skills and
knowledge in the field of accounting as
stated in his educational background and
experience under the Board of Directors'
Profile in this annual report.
Principle 6: 6.1 The Board of Directors has a self- Comply
Improving the Quality assessment policy to assess the
of the Implementation performance of the Board of Directors The Board of Directors' performance
of the Board of assessment mechanism is carried out
Directors' Duties and by comparing targets and actual Bank
Responsibilities achievements, according to the respective
areas of responsibility of each member of the
Board of Directors, as defined in the Balanced
Scorecard.
6.2 The self-assessment policy for assessing Comply
the performance of the Board of Directors
is disclosed in the annual report of the The self-assessment policy for assessing the
public company performance of the Board of Directors has
been disclosed in the 2025 Annual Report.
6.3 The Board of Directors has a policy Comply
regarding the resignation of Board of
Directors members if they are involved in The policy regarding the resignation of
financial crimes members of the Board of Directors of
Maybank Indonesia is regulated in the Articles
of Association. Article 15, paragraph (10), letter
e of the Articles of Association of Maybank
Indonesia states that the term of office of the
Board of Directors ends, among other things,
if they no longer fulfill the requirements of
applicable laws.
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Aspects Principle Recommendations Implementation
4. Stakeholder Principle 7: 7.1 Public companies have policies to prevent Comply
Participation Improving Corporate insider trading
Governance The Bank has a Code of Ethics and Code of
through Stakeholder Conduct policy that prohibits insider trading.
Participation
7.2 Public companies have anti-corruption Comply
and anti-fraud policies
Maybank Indonesia has Anti-Bribery and
Corruption policies and procedures. The
implementation of the Anti-Bribery and
Corruption framework is described in this
Annual Report.
7.3 Public companies have policies regarding Comply
the selection and improvement of supplier
or vendor competencies The Bank has a policy on the selection
and improvement of supplier or vendor
capabilities, indicating that the Bank has
complied with this recommendation.
7.4 Public companies have policies regarding Comply
the fulfillment of creditors' rights
In order to protect creditors' rights, the Bank
implements an honest and transparent
information disclosure system and provides
equal treatment to all creditors without
discrimination.
With information disclosure, all creditors and
business partners have the right to obtain
relevant information according to their
needs, enabling each party to make objective
decisions based on fair, reasonable, and
accurate considerations.
Protection of creditors' rights is stipulated
in the agreements agreed upon by both
parties. As part of the implementation of
creditors' rights, the Bank consistently fulfills
its obligations as agreed in a timely manner
and strives to avoid delays or negligence that
could potentially cause losses to both parties.
7.5 Public companies have a whistleblowing Comply
system policy
The Bank has a whistleblowing system
policy, information about which can be
accessed on the Maybank Indonesia website.
Furthermore, the Board of Commissioners
of Maybank Indonesia has established a
Whistleblowing Governance Investigation
Committee to support the Board's oversight
function in whistleblowing governance at
Maybank Indonesia. The implementation of
the whistleblowing policy and the duties of
the Whistleblowing Governance Investigation
Committee are disclosed in this annual report.
7.6 The Company has a policy for the Comply
provision of long-term incentives to the
Board of Directors and employees In terms of long-term incentives for the
Board of Directors, Maybank Indonesia refers
to OJK Regulation No. 45/POJK.03/2015 on
the Implementation of Governance in the
Provision of Remuneration for Commercial
Banks.
5. Information Principle 8: 8.1 In addition to websites, public companies Comply
Improving the are increasingly relying on information
Implementation of technology as a means of information Maybank Indonesia has a website as a means
Information Disclosure disclosure for information disclosure, indicating that the
Bank has fulfilled this recommendation.
8.2 The annual report of a public company Comply
discloses the ultimate beneficial owners
in the ownership of shares in the public As in this Annual Report, the Bank discloses
company of at least 5% (five percent), in that its beneficial owners have complied
addition to the disclosure of the ultimate with this recommendation by disclosing
beneficial owners in the ownership of the structure of its major and controlling
shares in the public company through shareholders.
major and controlling shareholders
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General Guidelines for Indonesian
Corporate Governance (PUGKI)
The 2021 General Guidelines for Indonesian Corporate Governance (PUGKI) provide guidance on corporate governance
practices that meet global standards. These guidelines are primarily recommended for corporations listed on the
capital market and that manage public funds, including Maybank Indonesia.
The 2021 PUGKI consists of eight principles divided into three groups:
1. The first group of principles governs the management and oversight functions of the corporation, namely the Board
of Directors and the Board of Commissioners, presented in principles 1 to 3;
2. The second group of principles governs the processes and outputs produced by the Board of Directors and the
Board of Commissioners, presented in principles 4 to 6; and
3. The third group of principles governs resource owners, who will primarily benefit from the implementation of
corporate governance, presented in principles 7 and 8.
Maybank Indonesia implements the principles and recommendations of the 2021 PUGKI based on an "applied or
explained" approach, with the following implementation details:
Principle Recommendation Implementation at Maybank
Principle 1: 1.1 Role and 1.1.1 Untuk mencapai penciptaan Applied
Roles and Responsibilities nilai yang berkelanjutan,
Responsibilities of the Board of Direksi menjalankan peran 1.1.1 The Board of Directors embodies
of the Board of Directorsi kepemimpinannya dan berupaya high standards of business ethics
Directors and mencapai hasil governansi sebagai and ensures the implementation
the Board of berikut: of a code of ethics that fosters a
Commissioners a. competitiveness and focus on corporate culture of integrity. This
long-term performance; is achieved, among other things,
b. ethical and responsible conduct by implementing the TIGER work
in conducting business; culture. The Board of Directors has
c. positive contribution to society made optimizing the application of
and the environment; and the latest information technology
d. corporate resilience a strategic pillar in achieving both
short-term and long-term business
targets.
1.1.2 The Board of Directors must ensure 1.1.2 The Bank's risk management and
that the corporation's mission, vision, internal control systems are
objectives, targets, strategies, and consistently aligned with the
annual and medium-term plans are corporate vision, mission, goals,
consistent with long-term objectives, objectives, and strategy and comply
utilizing innovation and technology with applicable laws and regulations
effectively. and standards.
1.1.3 The Board of Directors must ensure 1.1.3 The Board of Directors ensures
that the corporation implements that everyone involved in the
appropriate and effective risk preparation and disclosure of
management and internal corporate information holds relevant
control systems that align with professional certifications issued by
the corporation's vision, mission, reputable institutions.
objectives, targets, and strategies
and comply with applicable laws
and regulations and standards.
1.14 The Board of Directors must ensure 1.1.4 The Board of Directors also
the integrity of the corporation's periodically submits a report
accounting and financial commenting on the Quarterly
reporting systems and the timely Financial Report, which is published
and accurate disclosure of all concurrently with the Quarterly
material information regarding the Financial Report.
corporation.
1.1.5 The Board of Directors must ensure 1.1.5 The Board of Directors and
that sustainability reporting has management have ensured
been properly prepared. that the Sustainability Report is
prepared based on a reporting
framework appropriate to the size
and complexity of the corporation
and meets national and/or global
standards.
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Principle Recommendation Implementation at Maybank
1.1.6 The Board of Directors must set up a 1.1.6 The Board of Directors ensures that
framework for corporate information the Bank has a Technology and
technology (IT) governance that Information resource allocation
aligns with the corporation's policy that ensures adequate and
business needs and priorities, optimal investment and allocation
drives business opportunities of Technology and Information
and performance, strengthens resources.
risk management, and supports
corporate objectives and strategies.
1.1.7 For corporations conducting 1.1.7 The Board of Directors ensures
business activities based on Sharia that the Sharia Business Unit has
principles, the Board of Directors adequate and effective supporting
must ensure adequate authority and tools.
the availability of supporting tools to
enable the Sharia Supervisory Board
to carry out its role effectively.
1.1.8 The Board of Directors' Charter must 1.1.8 The Maybank Indonesia Board of
be periodically reviewed. The Charter Directors Guidelines are reviewed
includes, among other things, periodically. In addition to the Board
the division of roles for individual of Directors Guidelines, the division
Directors, which can be regulated in of roles for individual Directors is
the Board of Directors' Charter or by determined annually based on a
a Board of Directors' decree. resolution of the General Meeting
of Shareholders. The division of
duties and authorities among the
Board of Directors for 2025 is based
on the Resolution of the Maybank
Indonesia Annual General Meeting of
Shareholders on April 11, 2025, which
approved the duties and authorities
among the Board of Directors for the
2025 financial year. Based on the
resolution of the AGM, the duties and
authorities are determined through a
Board of Directors Decree.
1.1.9 The Board of Directors must have a 1.1.9 The process for selecting,
policy regarding the resignation of appointing, dismissing, and/or
a Director should they be involved in replacing members of the Board
financial crimes and proven to have of Commissioners, Directors, and
committed wrongdoing. Independent Parties as Committee
Members within the Bank's Board
of Commissioners is regulated in
the Nomination and Remuneration
Committee charter.
Maybank Indonesia's Articles of
Association regulate matters
regarding the termination of the
term of office of a member of the
Board of Directors, one of which is if
the member of the Board of Directors
no longer fulfils the requirements of
applicable laws and regulations.
1.2 Performance 1.2.1 The Board of Commissioners should Applied
Assessment - conduct an annual formal evaluation
Board of Directors objectively and independently to 1.2.1 The Board of Commissioners,
and its Members determine the effectiveness of through the Nomination and
the Board of Directors and each Remuneration Committee, assesses
individual Director. the performance of the Board of
Directors using the performance
evaluation criteria outlined in the
chapter on Board of Directors
Performance Assessment (Including
the President Director - Chief
Executive Officer).
1.2.2 The Board of Commissioners, with 1.2.2 Based on the considerations of
the advice of the Nomination and the Nomination and Remuneration
Remuneration Committee, should Committee, the Board of
be responsible for determining Commissioners ensures that the
performance evaluation criteria performance evaluation of the
and assessing the performance President Director is based on
of the President Director and other predetermined criteria that have
members of the Board of Directors. been communicated in advance
to the President Director and other
members of the Board of Directors.
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1.3 Roles and 1.3.1 The Board of Commissioners should Applied
Responsibilities review the corporate strategy
of the Board of at least annually and approves 1.3.1 The Board of Commissioners
Commissioners the mission, vision, and strategy oversees the formulation and
formulated by the Board of Directors. implementation of the Bank's
The Board of Commissioners also strategies and policies by providing
reviews, advises, and approves support, advice, and counsel as
the corporation's long-term needed to prepare the Bank's
and short-term business and Business Plan (RBB) and achieve the
financial plans. The Board of targets stated therein.
Commissioners provides advice
and monitors the management
of their implementation. The
Board of Directors and the Board
of Commissioners are involved in
decisions that are critical to the
corporation, as stipulated in the
corporation's articles of association.
1.3.2 The types of decisions that require 1.3.2 The Annual Report discloses the
the approval of the Board of types of decisions requiring Board of
Commissioners must be disclosed in Commissioners approval, consistent
the annual report. with the Bank's Articles of Association
and applicable regulatory
authorities.
1.3.3 Taking into account the 1.3.3 Based on the recommendations of
recommendations of the Nomination the Nomination and Remuneration
and Remuneration Committee, Committee, proposals for the
the Board of Commissioners appointment and/or dismissal of
proposes to, and for decision by, members of the Board of Directors
the GMS the appointment and/ and Board of Commissioners take
or dismissal of members of the into account diversity, expertise/
Board of Directors and members experience, nationality, gender,
of the Board of Commissioners. In age, and independence, while
making these proposals, the Board still prioritizing the principle of
of Commissioners should consider meritocracy. The nomination and
diversity, non-discrimination, and selection process for members of
provides equal opportunities without the Board of Directors and Board
distinction of ethnicity, religion, race, of Commissioners is ensured to be
social class, or gender. The Board formal and transparent.
of Commissioners must ensure
that the nomination and selection
process for members of the Board of
Directors and members of the Board
of Commissioners is formal and
transparent.
1.3.4 The Board of Commissioners 1.3.4 Through the Nomination and
or the Committee performing Remuneration Committee, the Board
the nomination function should of Commissioners has a succession
develop a succession policy for the policy regarding the nomination
nomination process for members process for members of the Board of
of the Board of Directors. The Directors.
Board of Commissioners should
annually review the report on the
implementation of the development
and succession plan submitted by
the President Director.
1.3.5 The Board of Commissioners 1.3.5 Referring to the recommendations of
a) submits to the GMS, which may the Nomination and Remuneration
be preceded by a proposal from Committee,
the Committee responsible for a) the remuneration of members
remuneration, the amount of of the Board of Directors and
remuneration for members of the members of the Board of
Board of Directors and members Commissioners is aligned
of the Board of Commissioners with sustainable corporate
that aligns with sustainable development and the long-
corporate development and term interests of the corporation
the long-term interests of the and its shareholders;
corporation and its shareholders; b) periodically review the
b) periodically reviews the remuneration system for the
remuneration system for the Board of Directors and Board of
Board of Directors and Board of Commissioners.
Commissioners
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1.3.6 The Board of Commissioners 1.3.6 Through its Board of Commissioners-
oversees the effectiveness of level Committee membership, the
corporate governance policies and Board of Commissioners oversees
their implementation and proposes the effectiveness of corporate
changes if necessary. governance policies and their
implementation and proposes
changes if necessary in accordance
with applicable laws and regulations.
1.3.7 The Board of Commissioners 1.3.7 Through the Risk Oversight
monitors and directs the corporation Committee, the Board of
to implement appropriate and Commissioners monitors and
effective risk management and directs the corporation to implement
internal control systems that appropriate and effective risk
align with the corporation's goals, management and internal control
objectives, and strategies and systems that align with corporate
comply with applicable laws and goals, objectives, and strategies and
regulations, codes of conduct, and comply with applicable laws and
standards. regulations, codes of conduct, and
standards.
1.3.8 The Board of Commissioners 1.3.8 Through the Audit Committee, the
should oversee and directs the Board of Commissioners oversees
achievement of the integrity of the and directs the achievement of the
corporate accounting and financial integrity of the corporate accounting
reporting systems, as well as the and financial reporting systems,
independence of the internal and as well as the independence of the
external audit functions. internal and external audit functions,
in accordance with the Audit
Committee Charter.
1.3.9 The Board of Commissioners should 1.3.9 The preparation of the Annual Report
monitor, review, and approve and Sustainability Report is reviewed
the Corporation's annual and and approved by the Board of
sustainability reports, ensuring Commissioners.
their integrity, and oversees the
corporation's disclosure and
communication processes.
1.3.10 The Board of Commissioners' 1.3.10 The Board of Commissioners Charter
Charter is periodically reviewed. is periodically reviewed or revised
whenever there are new regulations
that require adjustments to the
Charter.
1.3.11 The Board of Commissioners 1.3.11 Maybank Indonesia's Articles of
should have a policy regarding the Association regulate matters
resignation of its members if they concerning the termination of the
are involved in financial crimes Board of Commissioners' terms of
and proven to have committed office, including if a member of the
wrongdoing. Board of Directors no longer meets
the requirements of applicable laws.
1.3.12 Independent commissioners are 1.3.12 Independent commissioners are
strongly encouraged to contribute strongly encouraged to contribute
to honest, objective, active, and to honest, objective, active, and
constructive discussions at Board of constructive discussions at Board of
Commissioners meetings. Commissioners meetings.
1.3.13 The President Commissioner 1.3.3 The President Commissioner of
should serve as the coordinator Maybank Indonesia serves as
of the Board of Commissioners the coordinator of the Board of
and ensures its effectiveness. The Commissioners and ensures
President Commissioner should its effectiveness. The President
foster a culture of openness and Commissioner encourages a culture
constructive dialogue that allows of openness and constructive
for the expression of diverse views, dialogue that allows for the
including coordinating the setting expression of diverse views, including
of appropriate board meeting coordinating the establishment of
agendas and ensuring sufficient appropriate board meeting agendas
time is available for discussion of all and ensuring sufficient time is
agenda items. Furthermore, there available for discussion of all agenda
should be opportunities for the Board items. In accordance with applicable
of Commissioners to meet with regulations, the Bank is required
the Board of Directors and senior to hold a Board of Commissioners
management. meeting with the Board of Directors
at least once every four months.
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1.4 Formation of the 1.4.1 The Corporation shall have Applied
Committee committees under the Board of
Commissioners, consisting of at least 1.4.1 The Board of Commissioners of
the following: an Audit Committee, Maybank Indonesia has an Audit
a Nomination and Remuneration Committee, a Risk Monitoring
Committee, and a Risk Management Committee, a Nomination and
Monitoring Committee. Remuneration Committee, and
an Integrated Governance
Committee. To strengthen
the Board of Commissioners'
supervisory duties and functions,
the Bank has established additional
committees, namely the Governance
Investigation Whistleblowing
Committee and the Information and
Technology Monitoring Committee.
1.4.2 The Board of Commissioners shall 1.4.2 The membership of the Maybank
ensure that all members of the Indonesia Audit Committee meets
Audit Committee are independent, the independence requirements
and that other committees formed in accordance with the Financial
by the Board of Commissioners Services Authority (OJK) Regulation
are composed predominantly of on Governance of Commercial Banks
independent parties, and that all and other provisions governing
committee members possess the Audit Committee membership. The
competence, commitment, and Board of Commissioners ensures
sufficient authority to carry out their that all Audit Committee members
roles effectively and independently. meet all independence criteria and
are capable of carrying out their
duties independently. All members
of the Bank's Audit Committee are
Independent Commissioners and
Independent Parties, therefore, this
number meets the independence
requirements.
1.4.3 To ensure that the monitoring of the 1.4.3 The Bank's Audit Committee has
Audit Committee's duties is objective six members: four Independent
and independent, the President Commissioners, one of whom
Commissioner shall not serve as the is also the Chairperson and a
chairman of the Audit Committee, member, and two Independent
except in exceptional circumstances, Party members with competencies
which must be explained in the and qualifications in accounting
annual report. and banking finance. The President
Commissioner of Maybank
Indonesia is not the Chairman
of the Audit Committee The
number, composition, membership
composition and independence of
all members of the Audit Committee
have complied with the applicable
provisions as stipulated in OJK
Regulation No. 17 of 2023 concerning
the Implementation of Governance
for Commercial Banks and OJK
Regulation No. 55 /POJK.04/2015
concerning the Establishment and
Guidelines for the Implementation of
the Work of the Audit Committee and
other related provisions. Provisions
regarding the implementation of
the duties of the Maybank Indonesia
Audit Committee are regulated in
the Audit Committee Charter.
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1.5 Performance 1.5.1 The Board of Commissioners Applied
Assessment should conduct an annual formal
– Board of evaluation objectively to determine 1.5.1 The annual formal evaluation by
Commissioners the effectiveness of the Board, its the Maybank Indonesia Board
and its Members committees, and each individual of Commissioners is conducted
Commissioner. annually through the Board of
Commissioners ("BOC") and BOC
Committees Effectiveness Evaluation
("BEE") assessment framework. The
assessment is conducted to assess the
effectiveness of the implementation
of the duties of the Board of
Commissioners (including the President
Commissioner) and its Committees.
The BEE assessment criteria and results
utilize several criteria as outlined in this
Annual Report.
1.6 Conflict of Interest 1.6.1 Members of the Board of Directors Applied
who hold concurrent positions
outside the corporation shall 1.6.1 Members of the Bank's Board of
obtain approval from the Board of Directors who hold concurrent
Commissioners. A Commissioner positions outside the corporation
shall notify the Board of have obtained approval from
Commissioners and the chair of the Board of Commissioners. This
the nominating committee before is particularly true for members
accepting a new appointment as a of the Board of Directors who
Director or Commissioner of a public hold concurrent positions to
corporation, another Directorship, or carry out supervisory duties over
any other position with a significant non-Bank subsidiaries. These
time commitment. concurrent positions are assigned
by the Bank as its shareholder.
Furthermore, before accepting a
new appointment as a Director
or member of the Board of
Commissioners, the nomination
and remuneration committee has
ensured that the candidate does not
hold any positions prohibited by the
relevant OJK Regulations.
1.6.2 The Board of Commissioners shall 1.6.2 In carrying out their duties and
monitor and manage potential responsibilities, all members of
conflicts of interest between the Board of Commissioners are
management, members of the committed to avoiding potential
Board of Directors, the Board of conflicts of interest and always
Commissioners, and shareholders, positioning themselves to avoid
including misappropriation potential conflicts of interest under
of corporate assets and any circumstances, as stipulated
misappropriation in related party in applicable provisions and
transactions. A Commissioner regulations.
with a conflict of interest shall not
participate in the monitoring and In the event of a conflict of
decision-making process regarding interest, members of the Board of
potential conflicts of interest Commissioners are prohibited from
involving the Commissioner or the taking actions that could harm or
Commissioner's affiliates. reduce the Bank's profits and are
required to disclose the potential
conflict of interest in every decision-
making process. Procedures that
must be followed by members of
the Board of Commissioners in the
event of a conflict of interest include
not being permitted to participate
in the decision-making process for
all activities involving the conflict of
interest. Can participate in meetings,
but are not permitted to participate
in decision making.
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1.7 Improving the 1.7.1 The Board of Commissioners Applied
Competence of shall ensure that members of the
Members of the Board of Directors and the Board 1.7.1 The Board of Commissioners and
Board of Directors of Commissioners understand Directors have participated in
and Board of their roles and responsibilities, the education and training programs
Commissioners characteristics and operations of aimed at enhancing strategic
the corporation, relevant laws and capabilities, gaining business
regulations and standards and other knowledge, enhancing leadership
applicable obligations. The Board skills, developing new skills, and
of Directors through the corporate improving and maintaining the
secretary supports all members of quality of banking services. Details
the Board of Directors and the Board of the education and training
of Commissioners in updating and programs attended by the Board of
refreshing their skills and knowledge Commissioners and Directors are set
necessary to carry out their roles on out in the Annual Report.
the Board.
Principle 2: 2.1 Composition 2.1.1 1 In determining candidate Directors, Applied
Composition and of the Board the Board of Commissioners, through
Remuneration of the of Directors the Nomination and Remuneration 2.1.1 In providing recommendations by
Board of Directors and Board of Committee, should not solely rely on the Nomination and Remuneration
and Board of Commissioners recommendations from the Board Committee to determine
Commissioners of Commissioners, management, candidates for members of the
or majority shareholders. The Board Board of Directors and Board
of Commissioners, through the of Commissioners, Maybank
Nomination and Remuneration Indonesia also utilizes the services
Committee, may utilize independent of independent and reputable
sources to identify qualified third parties (search firms) in the
candidates. selection process for candidates for
members of the Board of Directors
and Board of Commissioners. The
third parties appointed by the Bank
(search firms) will assist in the
selection process.
2.1.2 The Board of Commissioners 2.1.2 Candidates for members of the
shall ensure that the criteria for Bank's Board of Directors must at
selecting members of the Board of least meet the requirements and
Directors include, at a minimum, the criteria stipulated in applicable
knowledge, abilities, and expertise laws and regulations, including
required to appropriately fulfill the requirements and criteria related to
role of the Board of Directors and integrity, competence, reputation,
ensure the diversity of the Board of domicile, independence, or other
Directors. specific criteria relevant to each
Director's field.
2.1.3 The corporate policy on diversity 2.1.3 In general, the number of members
within the Board of Directors and the of the Board of Commissioners and
Board of Commissioners is disclosed Board of Directors is based on the
in the Annual Report. need to achieve the Bank's goals
and objectives and is adjusted to
the Bank's conditions, including the
characteristics, capacity, and size of
the Bank, as well as the diversity of
the Board of Directors' composition,
as disclosed in this Annual Report.
2.1.4 The Board of Commissioners ensures 2.1.4 To achieve the desired composition
that the policies and procedures of the Board of Directors and Board
for the selection and nomination of Commissioners, the selection,
of Commissioners are clear and appointment, dismissal, and/or
transparent to achieve the desired replacement of members of the
Board composition. The Board of Board of Commissioners, Directors,
Commissioners utilizes independent and Independent Committee
sources to identify qualified members are conducted clearly
candidates. and transparently. The Bank's
selection and nomination process
is based on the Nomination and
Remuneration Committee Charter.
If necessary, the Bank may utilize
the services of independent and
reputable third parties (search firms)
to select candidates for the Board of
Commissioners.
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2.1.5. The Board of Commissioners/ 2.1.5 Through the Nomination and
Committee performing the Remuneration Committee, the
nomination function establishes Bank has established nomination
nomination procedures and procedures and criteria that align
criteria consistent with the Board with the Bank's needs and profile, as
of Commissioners' expertise measured by a matrix of expertise,
matrix approved by the Board experience, and industry expertise
of Commissioners and ensures of each Commissioner desired by
that candidate profiles meet the the Board of Commissioners. The
requirements set out in the expertise matrix of expertise, experience,
matrix and nomination criteria. and industry expertise is derived
from the BEE framework and
subsequently approved by the Board
of Commissioners. Furthermore,
prospective members of the Bank's
Board of Commissioners must meet
at least the requirements, including
integrity, competence, and good
reputation, as stipulated in the
Financial Services Authority (OJK)
Regulation concerning Governance
for Commercial Banks and the Fit
and Proper Test for Key Parties.
2.1.6. The composition of the Board of 2.1.6 The Bank has established a
Commissioners must be structured diverse composition of its Board
so that its members as a group of Commissioners, reflecting the
reflect the diversity in abilities, diversity in abilities, expertise,
expertise, knowledge, experience, knowledge, experience, age, cultural
age, cultural background, and background, and gender required
gender required to appropriately to fulfill the Board of Commissioners'
fulfil the role of the Board of roles required by the Bank. This
Commissioners. diversity is discussed in the Board
of Commissioners and Board of
Directors Diversity Policy chapter of
this Annual Report.
2.1.7. To enable the Board of 2.1.7 In accordance with the Financial
Commissioners to provide Services Authority (OJK) Regulation
independent advice and supervision on Governance for Commercial
to the Board of Directors and for Banks, the composition and number
roles that pose a potential conflict of of Maybank Indonesia's Board of
interest, the Board of Commissioners Commissioners are in accordance
shall consist of a sufficient number with the provisions of the Financial
of Independent Commissioners, Services Authority (OJK) Regulation
with limited terms of office and on Governance for Commercial
disclosure of the term of office of the Banks. As of December 31, 2025, the
Board of Commissioners and their Bank will have 5 (five) Independent
independence from a corporate Commissioners out of a total of 8
perspective. (eight) Board of Commissioners, or
50% (fifty percent). The term of office
for Independent Commissioners is
in accordance with the Articles of
Association and may be extended by
considering the provisions stipulated
in POJK 17 of 2023 concerning the
Implementation of Governance for
Commercial Banks.
2.1.8. To facilitate the effective functioning 2.1.8 The Nomination and Remuneration
of the Board of Directors and the Committee assesses and provides
Board of Commissioners and to recommendations on candidates
enhance investor and stakeholder nominated as members of the
confidence, the Nomination and Board of Directors and Board of
Remuneration Committee shall Commissioners, to be submitted to
ensure that there is a formal, the Board of Commissioners and
rigorous, and transparent process then proposed at the GMS so that
for the appointment and retention of the nomination process is carried out
members of the Board of Directors in a formal, strict and transparent
and the Board of Commissioners. manner for the appointment and
appointment of members of the
Board of Directors and Board of
Commissioners.
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2.2 Remuneration 2.2.1. The remuneration policy for Applied
of the Board members of the Board of
of Directors Directors shall consist of a 2.2.1 As per the functions and duties of
and Board of remuneration structure oriented the Nomination and Remuneration
Commissioners towards sustainable corporate Committee, the Bank implements
development and encouraging the a risk-based remuneration policy.
achievement of long-term goals. This policy remains relevant until
The remuneration of the Board 2025. The Bank's remuneration
of Directors must be proposed, policy is formulated by prioritizing
possibly through the Nomination a competitive, fair, and balanced
and Remuneration Committee, by remuneration system, based on
the Board of Commissioners for applicable laws and regulations.
decision by the GMS. The amount of
remuneration proposed to the GMS
is determined by considering the
role of each member of the Board of
Directors and the economic situation
and performance of the corporation.
2.2.2. The remuneration policy for 2.2.2 The Bank develops the structure,
members of the Board of policies, and provisions regarding
Commissioners shall consist of a the remuneration of each member of
remuneration structure oriented the Board of Commissioners, taking
towards sustainable corporate into account the duties, authorities,
development and encouraging the performance, and responsibilities
achievement of long-term goals. The of the Board of Commissioners. The
amount of remuneration proposed Bank also considers the prevailing
by the Board of Commissioners remuneration standards in the peer
to the GMS is determined by group.
considering the role of each member
of the Board of Commissioners
and the economic situation and
performance of the corporation. In
addition, consideration must also be
given to their positions as President
Commissioner and chairman, as well
as their membership in committees.
2.2.3. To ensure that remuneration 2.2.3 The Nomination and Remuneration
packages shall be determined Committee discusses the
based on the achievements, remuneration of the Board of
qualifications, and competencies Commissioners, taking into account
of Directors and Commissioners, information on the remuneration
taking into account corporate range and standards in the peer
operational performance, individual group in the market, as well as
performance, and market conditions, the Bank's capabilities. The Bank
the Nomination and Remuneration has a procedure for periodically
Committee shall ensure that conducting independent reviews
fair and transparent procedures of remuneration for the Board
are in place for determining the of Commissioners through the
remuneration policy for members of Board Remuneration Review
the Board of Directors and Board of framework. This is to ensure that
Commissioners. the remuneration package for
the Board of Commissioners is in
accordance with the achievements,
qualifications and competencies
of the Board of Commissioners by
taking into account the performance
of corporate operations, individual
performance and market conditions.
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Principle 3: 3.1 Nature of Work 3.1.1 There are open discussions Applied
Working Relationships between the Board of Directors
Relationship and the Board of Commissioners, 3.1.1 Discussions between the Board
between the as well as between the members of Directors and the Board of
Board of Directors of the Board of Directors and the Commissioners are conducted
and the Board of Board of Commissioners. However, through joint meetings of the
Commissioners it is important to maintain the Board of Commissioners and the
confidentiality of information to Board of Directors, in accordance
prevent leakage of confidential with the provisions of Maybank
information. Indonesia's Articles of Association.
Through these meetings, the
Board of Commissioners discusses
various matters, including follow-
up reports on the Minutes of Board
of Commissioners Meetings;
financial performance reports;
reports from committees under the
Board of Commissioners, and other
discussions. Meetings are conducted
with proper administrative processes
to ensure confidential information is
properly safeguarded in accordance
with applicable laws and regulations.
3.1.2 In accordance with their respective 3.1.2 Each year, the Bank's short- and
duties and roles, the Board of medium-term strategies and
Directors collaborates with the Board policies are formulated in the
of Commissioners in formulating Corporate Plan and Bank Business
the corporate mission, vision, and Plan (RBB) in accordance with
strategy and regularly discusses the established Vision and
their implementation. Mission. Periodically, the Board of
Directors, along with the Board of
Commissioners, and the Bank's
senior management, conduct
periodic evaluations of the Bank's
strategies and policies and their
implementation at all levels of the
organization.
3.1.3 The Corporate Secretary plays 3.1.3 The Bank appoints a Corporate
a critical role in supporting the Secretary, with details as outlined
effectiveness of the working in the Corporate Secretary's profile
relationship between the Board in this Annual Report. The Bank's
of Directors and the Board of Corporate Secretary carries out his
Commissioners, encouraging the duties in accordance with applicable
implementation of good corporate provisions regarding the duties and
governance practices, including responsibilities of the Corporate
effective communication with Secretary, including encouraging the
shareholders and other stakeholders. implementation of good corporate
governance practices, including
building good and effective
communication and relationships
with parties and acting as a liaison
between the Bank and Shareholders
and other Stakeholders.
3.2 Access to 3.2.1 The Board of Directors shall ensure Applied
information for that the Board of Commissioners
the Board of has access to accurate, relevant, 3.2.1 The Board of Directors, through the
Commissioners and timely information. The Board Corporate Secretary, consistently
of Commissioners shall ensure that provides access to accurate,
it obtains adequate information. relevant, and timely information
The Board of Directors provides to the Board of Commissioners.
information to the Board of The Corporate Secretary also
Commissioners regularly, without administers, distributes, and follows
delay, and comprehensively on all up on incoming correspondence
matters relevant to the corporation. received by the Bank from
The Board of Commissioners may regulators and addressed to the
request the Board of Directors to Board of Directors and/or Board of
provide additional information at Commissioners.
any time.
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3.3 Responsibility 3.3.1 Impact of ownership structure on the Applied
of the Board of corporation. The Board of Directors
Directors and and the Board of Commissioners 3.3.1 The Bank's Board of Directors
the Board of shall consider their responsibilities and Board of Commissioners
Commissioners in the context of the corporation's always understand the ownership
for the Impact of share ownership structure and the structure of shareholders and the
the Structure relationships between shareholders relationships between corporate
that may impact the management shareholders, and consider their
and operations of the corporation. impact on corporate control. In this
case, the Bank pays attention to the
provisions in OJK Regulation No. 42/
POJK.04/2020 concerning Affiliated
Transactions and Conflicts of Interest
Transactions.
Principle 4: 4.1 Guidelines 4.1.1 This statement is set out in the Code Applied
Ethical and for Ethics and of Conduct and Business Ethics
Responsible Conduct which must clearly express the 4.1.1 The Bank has a Code of Ethics and
Behavior corporation's expectation that each Code of Conduct that must be
member of the Board of Directors adhered to by the Board of Directors
and Board of Commissioners and and Board of Commissioners. The
employee will: implementation and enforcement
a. a. Act in the best interests of the of the Code of Ethics and Code
corporation; of Conduct is the responsibility of
b. Act honestly and with a high all employees at all levels of the
standard of integrity; organization and represents the
c. Be independent and act on the Bank's commitment to implementing
basis of complete information, Good Corporate Governance in
in good faith, with due diligence achieving its established vision
and prudence; and mission. Each year, the
d. Comply with laws and Board of Directors and Board of
regulations applicable to the Commissioners sign an Integrity
corporation and its operations; Pact, stating their commitment to
e. Avoid actions that violate laws consistently comply with the Code of
and regulations or actions that Conduct and Good Business Ethics.
are unethical based on the
corporate code of ethics;
f. Not engage in or participate in
any activity that would create
a conflict of interest with the
best interests of the corporation
or that would negatively
impact the reputation of the
corporation;
g. Not take advantage of the
property or information owned
by the corporation, other assets
or its customers for personal
gain or that causes harm to the
corporation and its customers.
h. Not take advantage of his
position or opportunities
generated by his position for
personal gain;
i. Avoiding the act of requesting
or accepting from third parties
payments, gratuities or other
benefits for oneself or for
others that create a conflict of
interest/provide benefits to third
parties in violation of laws and
regulations;
j. Respecting differences
of opinion and the rights
of each member of the
Board of Directors, Board
of Commissioners, and
employees;
k. Ensuring complete, fair,
accurate, timely, and
understandable disclosure
in reports and documents
submitted by the corporation to
regulators and in other public
communications;
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4.1.2 The Board of Directors establishes 4.1.2 The Bank has an Anti-Bribery and
policies and practices for anti- Corruption (AB&C) Policy that
money laundering and terrorism aligns with related supporting
financing, anti-bribery, anti- regulations, including the provisions
corruption, anti-fraud, and political of the Code of Ethics and Code of
involvement by referring to national Conduct, Strategic Procurement,
or international standards regarding and provisions regarding the
anti-money laundering, anti-bribery, Implementation of the Anti-Fraud
anti-corruption, anti-fraud, or other Strategy. The scope of Maybank
related standards. Indonesia's policies generally
regulates the following:
1. Bribery and corruption risk
management
2. Provisions regarding the giving
and receiving of benefits, gifts,
and business entertainment
3. Business relationships with
suppliers, vendors, or related
individuals/other third
parties (Everything) and a
Customer-Centric Culture,
which serves as the platform
for the transformation of the
"Customer Experience" at
Maybank. This commitment
demonstrates the Bank's
commitment to the importance
of Customer Perceived Values
for sustainable business
growth at Maybank. In line with
this, Maybank Indonesia also
focuses on designing various
activities, programs, and
provisions to enhance customer
protection regarding savings
and data confidentiality, while
adhering to applicable laws
and regulations. Maybank
Indonesia implements an
information technology system
that protects and safeguards
all customer data, as well as
other protection activities,
particularly in terms of control
and monitoring awareness,
to minimize risks that impact
the security and comfort of
customers as Maybank's
business partners
4. Contributions to political,
fundraising, and charitable
activities
5. Monitoring
6. Recording and Documentation
7. Whistleblowing
8. Training and Awareness.
Furthermore, Maybank
Indonesia continues to optimize
effective programs to support
the implementation of the Anti-
Bribery and Corruption Policy
within the Bank.
The Bank has a policy to enforce
compliance with indications of fraud
as outlined in agreements with third
parties. The agreements state that
Commissioners/Directors/Employees or
any other party representing the Bank
are prohibited from requesting and/or
accepting any amount of money and/or
gifts or anything in any form other than
those agreed upon in the agreement.
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4.2 Organizational 4.2.1 The corporation articulates, Applied
Values and cultivates and expresses its
Culture corporate culture and values 4.2.1 The Board of Directors implements
the Bank's values of Teamwork,
Integrity, Growth, Excellence, and
Efficiency, as well as Relationship
Building (TIGER), to ensure
Maybankers can effectively operate
the Bank and prevent various acts
of fraud, money laundering and
terrorism financing, anti-corruption,
offering or accepting bribes, and
other payments or inducements to
commit acts that violate laws and
regulations or are unethical.
4.3 Enforcement and 4.3.1 The corporate code of conduct Applied
Communication and code of ethics are effectively
of Ethical communicated to the Board 4.3.1 The Code of Ethics and Code of
Guidelines, Values of Directors, the Board of Conduct are disseminated or
and Culture Commissioners, and all employees, socialized periodically through
integrated into the corporate various available media to foster
strategy and operations including awareness and understanding of
the risk management system behavior consistent with the Bank's
and remuneration structure, and core values. Each year, members
enforced. of the Board of Commissioners and
its committees, members of the
Board of Directors and officials at
lower levels, and all employees are
required to provide a statement of
commitment to implementing the
Code of Ethics and Code of Conduct.
Principle 5: 5.1 Internal Control 5.1.1 The Board of Directors conducts Applied
Risk Management, and Compliance regular reviews of the design
Internal Control, and accuracy and operational 5.1.1 The Board of Directors has
Compliance effectiveness of the governance implemented the Internal Control
system, risk management, internal System in accordance with the
control and corporate compliance Bank's control principles, and the
and reports the implementation and overall evaluation demonstrates
results of the reviews to shareholders the Bank's Internal Control
through the Corporation's annual System is functioning well. The
report. Board of Directors and Board of
Commissioners confirm that the
Bank has an effective and adequate
internal control system in place
to manage the risks faced by the
Bank, remaining within the Bank's
risk appetite and supporting
the achievement of the Bank's
objectives.
5.2. Risk Management 5.2.1. Strategy and risk are integrated, Applied
transparently disclosed,
incorporated into the duties 5.2.1 The Board of Commissioners and
and responsibilities of the Board the Board of Directors continue
of Directors and the Board of to effectively manage credit risk
Commissioners, and discussed at and improve infrastructure to
Board of Commissioners and Board encourage the growth of business
of Directors meetings. banking customers. Balancing risk,
compliance culture, and capital
adequacy is also a strategic pillar of
the Bank's policy.
5.2.2. The Risk Management Monitoring 5.2.2 The Board of Commissioners
Committee assists the Board of has a Risk Monitoring Committee
Commissioners in carrying out its that ensures that the Bank's risk
duties by creating a transparent, management implementation
focused, and independent continues to meet the elements
mechanism for overseeing corporate of adequate risk management
risk management. procedures and methodologies, so
that the Bank's business activities
remain controlled within acceptable
limits and are profitable for the Bank.
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Principle Recommendation Implementation at Maybank
5.3. Integration of 5.3.1 The Board of Directors establishes Applied
Governance, Risk an integrated governance, risk
Management, management, and compliance 5.3.1 The Board of Directors ensures
and Compliance (GRC) system, addressing various coordination and capability
uncertainties in an integrated enhancement among the
manner and with high integrity, to main GRC systems, including
ensure that the corporation can governance, strategic management,
achieve its objectives. performance management,
risk management, compliance
management, and internal audit
systems, to ensure the corporation
remains on track to achieve its
objectives.
5.3.2 The Board of Directors ensures that 5.3.2 In accordance with OJK Regulation
the department responsible for No. 46/POJK.03/2017 concerning the
compliance does not concurrently Implementation of the Compliance
perform functions that could Function of Commercial Banks,
potentially create a conflict of the Bank's Board of Directors has
interest. a Director responsible for the
compliance function and has
established a compliance work
unit. The Director responsible for
the compliance function does not
oversee business and operational
functions; risk management, which
makes decisions regarding the
Bank's business activities; treasury;
finance and accounting; logistics
and procurement of goods or
services; information technology;
and/or internal audit, ensuring that
the implementation of their functions
does not create a conflict of interest.
Furthermore, the Director responsible
for the compliance function carries
out their role and function to
enhance the Compliance Culture
in support of good governance
practices.
5.4. Internal Audit 5.4.1 The Board of Commissioners through Applied
the Audit Committee monitors
and ensures that the internal audit 5.4.1 The Board of Commissioners has
function helps the corporation an Audit Committee tasked with
achieve its objectives by bringing an reviewing and clarifying financial
objective and disciplined approach information, selecting, appointing,
to evaluating and improving the and supervising the work of
effectiveness of risk management, independent auditors, evaluating the
internal control, and corporate effectiveness of the internal audit
governance. function, and implementing internal
controls.
Principle 6: 6.1 Disclosure Policy 6.1.1 The corporation has disclosure Applied
Disclosure and and transparency policies and
Transparency procedures that ensure the 6.1.1 The Bank has internal provisions/
disclosure of material information guidelines for disclosing material
and safeguard sensitive and information and maintaining
confidential corporate information. sensitive and confidential
6.1.2 The right of shareholders to receive information.
relevant material information about 6.1.2 The Bank has and discloses a
the corporation on a regular and written policy for implementing its
timely basis must be fulfilled. continuous disclosure/information
disclosure obligations in accordance
with applicable regulations.
6.2 Financial and 6.2.1 The corporation discloses systems Applied
Sustainability and procedures to ensure that
Reports interim financial statements not 6.2.1 The Bank has systems and
audited or reviewed by external procedures that govern internal
auditors are materially accurate, control over financial reporting,
complete, and provide investors with including interim financial reports,
appropriate information to make the role of the risk management/
informed investment decisions. compliance/management oversight
function and the internal audit
function in ensuring the integrity
of interim financial reports, and
the role of the Audit Committee in
reviewing interim financial reports for
publication.
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Principle Recommendation Implementation at Maybank
6.2.2 The Audit Committee ensures the 6.2.2 The Bank's Audit Committee ensures
quality of the financial statement the quality of the financial statement
audits performed by external audits performed by the external
auditors. This activity includes auditor. This activity includes
recommending the appointment, recommending the appointment,
reappointment, and, if necessary, reappointment, and, if necessary, the
the dismissal and remuneration of dismissal and remuneration of the
external auditors. external auditor.
6.2.3 The sustainability report must be 6.2.3 Maybank Indonesia's sustainability
prepared and disclosed accurately report is prepared and disclosed
and prepared in accordance accurately and is prepared in
with a national or international accordance with the sustainability
sustainability reporting framework. reporting framework in accordance
with the provisions stipulated in
OJK Regulation No. 51/POJK.03/2017
concerning the Implementation of
Sustainable Finance for Financial
Services Institutions, Issuers, and
Public Companies and other relevant
national or international regulations.
6.2.4 The corporation publishes 6.2.4 The Bank's Annual Report includes
an integrated annual report historical performance in context
that contextualizes historical and describes the company's future
performance and describes the risks, opportunities, and prospects.
corporation's risks, opportunities, and
future prospects, thereby helping
shareholders and stakeholders
understand the corporation's
strategic objectives and its progress
in creating sustainable value.
6.3 Information 6.3.1 Information dissemination channels Applied
Dissemination should provide equal, timely and
relatively inexpensive access to 6.3.1 The Bank regularly holds meetings
relevant information for users. with financial analysts, interacts
and discusses with investors and
analysts through teleconferences
and in-house meetings, conducts
Annual Reviews with national and
international rating agencies, and
holds an Annual Public Expose.
Principle 7: 7.1 Shareholders 7.1.1 The Corporation has a Applied
Protection of Right communications policy that
Shareholder Rights facilitates and encourages 7.1.1 The rights, authorities, and
shareholder or investor participation. responsibilities of shareholders are
detailed in the Bank's Articles of
Association, which can be accessed
through the Bank's website (www.
maybank.co.id).
7.1.2 The Corporation, which is a parent 7.1.2 The Bank is the Main Entity within
entity, ensures that its corporate the Maybank Indonesia Financial
governance policy applies to Conglomerate. As stipulated in
subsidiaries and entities under OJK Regulation No. 18/POJK.03/2014
common control in which the concerning the Implementation of
Corporation has significant Integrated Governance in Financial
investments. Conglomerates, the Bank ensures
that the governance policies issued
by the Main Entity are applicable
to all member entities of the
financial conglomerate, including its
subsidiaries.
7.1.3 The Corporation has rules and 7.1.3 The Bank has the rules and
procedures governing acquisitions, procedures stipulated in the
takeovers, and extraordinary Articles of Association, which can
transactions such as mergers and be accessed through the Maybank
sales of substantial corporate assets Indonesia website.
to ensure that transactions occur
transparently and on fair terms and
protect the rights of all shareholders,
regardless of their class.
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Principle Recommendation Implementation at Maybank
7.2 Fair Treatment of 7.2.1 The Corporation has rules and Applied
Shareholders procedures that ensure
a) all shareholders of the same 7.2.1 In accordance with the Articles
series within a class of shares of Association, the Bank's shares
are treated equally, consist of Class A Shares, Class B
b) disclosure of those rules and Shares, and Class D Shares, unless
procedures, and disclosure otherwise specified. The term
of capital structures and "Shareholder" refers to Class A
arrangements that allow certain Shareholders, Class B Shareholders,
shareholders to obtain influence and Class D Shareholders, unless
or control disproportionate to otherwise specified.
their shareholdings.
7.2.2 The Corporation has rules and 7.2.2 The Bank has policies and
procedures that ensure related procedures governing related party
party transactions are approved or affiliated party transactions,
and executed in a manner that ensuring that such transactions
ensures that conflicts of interest comply with applicable regulations
are appropriately managed and are properly managed and
and protects the interests of the capable of protecting the interests
Corporation and its shareholders. of the corporation and shareholders.
The issuance of these policies and
procedures refers to OJK Regulation
No. 42/POJK.04/2020 concerning
Affiliated Party Transactions and
Conflict of Interest Transactions and
other related regulations.
7.2.3 The Corporation has and discloses 7.2.3 Disclosures to prevent insider
a policy to prevent insider trading. trading are included in the Code
The Corporation has clear rules of Ethics and Code of Conduct,
regarding any trading in the which prohibits the use of insider
Corporation's shares by Directors, trading information in personal
Commissioners, and insiders to securities transactions by employees
ensure that no one may directly or and management (in this case,
indirectly benefit from information members of the Bank's Board
that is not/not yet available in the of Commissioners and Board of
market. Directors).
7.3 General Meetings 7.3.1 The Corporation shall issue a Applied
of Shareholders notice for a General Meeting of
Shareholders (GMS) with the 7.3.1 The Bank shall issue a notice for a
complete agenda and materials as General Meeting of Shareholders
early as possible (no later than 28 (GMS) with an agenda and its
days prior to the GMS) to provide materials 21 (twenty-one) days prior
sufficient time and materials for to the GMS, excluding the date of the
shareholders to thoroughly review GMS.
the meeting agenda. Meeting
invitations and all GMS information
shall be disclosed electronically,
such as through the corporation's
website.
7.3.2 The Corporation shall have and 7.3.2 The decision-making mechanism at
disclose rules and procedures that the GMS shall be conducted through
facilitate shareholder participation deliberation to reach consensus. If
and effective voting at the GMS. deliberation to reach consensus is
not reached, decisions at the GMS
shall be made by voting. Voting shall
be conducted on each AGM Agenda.
7.3.3 Shareholders shall participate 7.3.3 At the GMS, shareholders have the
effectively in determining the authority to, among other things:
appointment of members of the (i) appoint and dismiss members
Board of Directors and the Board of of the Board of Commissioners and
Commissioners. Board of Directors, (ii) evaluate
the performance of the Board
of Commissioners and Board of
Directors, (iii) temporarily suspend
members of the Board of Directors,
(iv) approve amendments to the
Bank's Articles of Association, (v)
approve the annual report, (vi)
approve the remuneration of the
Board of Commissioners and Board
of Directors, and (vii) approve the
proposed allocation of the Bank's
profits, including the distribution of
dividends.
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7.3.4 The Corporation shall ensure 7.3.4 The process of appointing external
transparency and accountability of auditors at the GMS is conducted
the external auditor at the GMS. transparently and accountably. The
profiles of the appointed external
auditors are displayed on the Bank's
website, the stock exchange, and
KSEI at the time of the invitation.
7.3.5 The complete voting results and 7.3.5 The voting results and a complete
summary of the GMS minutes shall summary of the minutes of the
be announced to the public on the Bank's GMS will be announced to the
following business day. public no later than the following
business day.
Principle 8: 8.1 Key Stakeholder 8.1.1 The Corporation, through the Applied
Respect for Engagement Corporate Secretary, shall carry
Stakeholders out regular, transparent and 8.1.1 The Bank, through its corporate
effective communication with key secretary, collaborates with
stakeholders and involves them to relevant work units to conduct
understand their expectations and regular, transparent, and
complaints and the impact of the effective communication with key
corporation on them. stakeholders and engages with them
to understand their expectations and
concerns, as well as the corporate
impact on them.
8.2 Integration of 8.2.1 The Board of Commissioners, Applied
Sustainability into together with the Board of Directors,
Business Models should be responsible, accountable, 8.2.1 The Board of Commissioners,
and transparent for sustainability together with the Board of Directors,
governance, including establishing ensures that the corporate
the corporate sustainability sustainability strategy, priorities,
strategy, priorities, and targets. The and targets, as well as performance
Board of Directors and the Board against these targets, are
of Commissioners incorporate communicated to stakeholders by
sustainability considerations when prioritizing transparent sustainability
carrying out their roles, including, governance, including establishing
among other things, in the the corporate sustainability strategy,
development and implementation priorities, and targets.
of corporate strategies, business
plans, key action plans, and risk
management.
8.3 Protection of 8.3.1 The Board of Directors shall ensure Applied
Stakeholders and disclose that the corporation's
operations reflect the application 8.3.1 The Bank has a Maybank Indonesia
of high standards of ethics, social Employee Code of Ethics and
and environmental responsibility Conduct that regulates the attitudes,
throughout the corporation and actions, and responsibilities of
that that appropriate policies and employees and those working for
procedures are implemented to and on behalf of the Bank, ensuring
respect and comply with stakeholder they work professionally and
rights. ethically..
8.3.2 The Board of Directors should 8.3.2 The Board of Directors encourages
encourage employees to work employees to work for the long-
for the long-term interests of term interests of the corporation
the corporation and prioritizes and prioritize sustainability, as
sustainability. communicated by the Board of
Directors through regular town hall
events
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IMPLEMENTATION OF CORPORATE GOVERNANCE
ASPECTS AND PRINCIPLES IN ACCORDANCE WITH
THE GUIDELINES OF CORPORATE GOVERNANCE
PRINCIPLES FOR BANKS PUBLISHED BY THE BASEL
COMMITTEE ON BANKING SUPERVISION
Maybank Indonesia consistently implements good corporate governance principles and practices, referring to the
Guidelines of Corporate Governance Principles for Banks issued by the Basel Committee on Banking Supervision. These
guidelines contain various best practices that serve as references for strengthening the implementation of good
corporate governance within the Bank. Some of the best practices adopted and implemented by the Bank include the
following:
Principle Description Implementation of Maybank Indonesia
Principle 1 The Board of Commissioners has The Bank's Board of Commissioners carries out its duties and
Responsibilities of responsibilities including the approval responsibilities independently and ensures the implementation of Good
the Board and supervision of the implementation Corporate Governance in all of the Company's business activities at
of Commissioners. of business strategies, structures, every level of the organization. In carrying out its supervisory function,
and mechanisms of governance and the Board of Commissioners is obliged to provide direction, monitor, and
corporate culture. evaluate the implementation of the Company's strategies and policies.
Principle 2 Members of the Board of Commissioners Dengan komposisi, kualifikasi, serta pemenuhan kriteria independensi
Qualifications and must possess qualities appropriate to tersebut, Dewan Komisaris Maybank Indonesia diyakini mampu
Composition of the their duties and responsibilities, both melaksanakan proses pengambilan keputusan secara objektif,
Board of individually and collectively. The Board independen, dan professional.
Commissioners. of Commissioners must understand its
role in overseeing and implementing The composition of Maybank Indonesia's Board of Commissioners also
corporate governance and be able to meets applicable regulations, with 50% (fifty percent) of the Board of
make sound and objective decisions. Commissioners being Independent Commissioners. The Company's
Independent Commissioners have signed a Statement Letter stating
that they have met all independence criteria in accordance with
applicable laws and regulations, and this statement has been
submitted to the Financial Services Authority.
With this composition, qualifications, and fulfillment of independence
criteria, Maybank Indonesia's Board of Commissioners is believed to
be capable of carrying out the decision-making process objectively,
independently, and professionally.
Principle 3 The Board of Commissioners must The Board of Commissioners of Maybank Indonesia has an adequate
Structure and establish appropriate governance governance structure and practices in place to carry out its duties
Mechanisms structures and practices in carrying out and responsibilities, as regulated in the Company's Articles of
of the Board of its duties and periodically review their Association and the Board of Commissioners Guidelines. The Board
Commissioners. effectiveness. of Commissioners also conducts regular reviews of the effectiveness
of its duties, conducted at least once a year through the Board of
Commissioners Effectiveness Evaluation (BOCE) framework.
Principle 4 Under the direction and supervision of The Board of Directors manages the Company under the direction,
Board of Directors. the Board of Commissioners, the Board supervision, and oversight of the Board of Commissioners, as evidenced
of Directors is able to manage the Bank's by the improved business performance compared to the previous year.
activities in accordance with business
strategy, risk appetite, remuneration As regulated in the provisions on the Implementation of Good Corporate
policy, and other policies approved by Governance for Commercial Banks, in carrying out its oversight, the
the Board of Commissioners. Board of Commissioners is prohibited from participating in decision-
making on the Bank's operational activities, except for:
a. a. providing funds to related parties in accordance with the Financial
Services Authority (OJK) Regulation concerning legal lending limits
and the provision of large exposures for commercial banks and
the Financial Services Authority (OJK) Regulation concerning legal
lending limits and the distribution of large exposures for Sharia
commercial banks; and
b. b. other matters stipulated in the Bank's articles of association or
statutory provisions.
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Principle Description Implementation of Maybank Indonesia
Principle 5 Within a business group, the parent Maybank Indonesia is the Main Entity of the Maybank Indonesia Financial
Business Groups company's Board of Commissioners Conglomerate. The Maybank Indonesia financial conglomerate
Governance has overall responsibility for the group implements Integrated Governance, Integrated Risk Management, and
Structure and ensures the establishment and Integrated Minimum Capital Requirement applicable to member entities
implementation of sound governance of the financial conglomerate.
practices related to the structure,
business, and risks of the business Maybank Indonesia has a committee at the Board of Commissioners
group and its entities. The Board of level, the Integrated Governance Committee, and a committee at the
Commissioners and Board of Directors Board of Directors level, the Integrated Risk Management Committee,
must understand the organizational each comprising representatives from all member entities of the
structure of the business group and the financial conglomerate. These two committees ensure the Board
risks it faces. of Commissioners and Board of Directors understand the group's
organizational structure and the risks it faces.
Principle 6 Banks must have a qualified an Maybank Indonesia has an independent risk management function
Risk Management independent risk management under the direction of the Director of Risk Management. Maybank
Function. function with qualified resources and Indonesia implements the Risk Identification, Measurement, Monitoring,
access to the Board of Commissioners. and Control Processes, as well as the Risk Management Information
System, through the Enterprise Risk Management (ERM) framework.
Maybank Indonesia continuously improves the capabilities and
knowledge of all employees, particularly in risk awareness and
management, by conducting regular internal and external training. The
risk management function has access to the Board of Commissioners
through the Risk Oversight Committee.
Principle 7: Risks must be identified, monitored, and In risk management, Maybank Indonesia has identified, measured, and
Identification, controlled across all bank activities. assessed risks by periodically compiling risk profiles. Risk measurement
Monitoring, and The quality of the risk management and assessment are carried out effectively in accordance with
Control of Risks. infrastructure and internal controls established Risk Management Policies and are tailored to the level of risk
must be able to adapt to changes Maybank Indonesia faces.
in the Bank's risk profile, external risk
conditions, and industry practices.
Principle 8 Effective implementation of risk Maybank Indonesia conducts a Risk-Based Bank Rating (RBBR)
Risk governance requires accurate risk assessment every semester, with the results presented to the Risk
Communication. communication within the Bank, both Management Committee, which consists of members of the Maybank
between organizations and through Indonesia Board of Directors. The RBBR assessment is then submitted to
reporting to the Board of Commissioners the Board of Commissioners through the Risk Monitoring Committee for
and the Board of Directors. approval.
Principle 9 The Board of Commissioners is Maybank Indonesia has a Compliance Working Unit that is independent
Compliance. responsible for overseeing the from operational work units and free from the influence of other work
management of the Bank's compliance units. It reports directly to the Director in charge of the Compliance
risks. The Board of Commissioners Function.
must establish a compliance function
and approve policies and processes The Board of Commissioners of Maybank Indonesia actively supervises
for identifying, assessing, monitoring, the Compliance Function by evaluating the implementation of the
reporting, and advising on compliance Bank's Compliance Function at least twice a year and providing
risks. recommendations to improve the quality of the Bank's Compliance
Function.
Based on the results of the Compliance Function implementation
evaluation, the Board of Commissioners submits recommendations/
advice to the President Director for improving the quality of the
Compliance Function, with a copy to the Director in charge of the
Compliance Function.
The Board of Commissioners approves the policies and processes for
identification, assessment, monitoring, and reporting and provides
necessary recommendations regarding the Bank's compliance risks
through Board of Commissioners Meetings.
Principle 10 The internal audit function must report As mandated by regulations governing the implementation of internal
Internal Audit. its independent assurance activities to audits, Maybank Indonesia has an Intern Audit Unit ("SKAI") that reports
the Board of Commissioners and must directly to the President Director and communicates with the Board of
support the Board of Commissioners Commissioners through the Audit Committee
and the Board of Directors in promoting
the implementation of effective The SKAI periodically submits reports to the President Director or the
governance processes and the long- Board of Commissioners. If the report is submitted to the President
term health of the Bank. External auditors Director, a copy is submitted to the Board of Commissioners, the Audit
are periodically requested to provide an Committee, and the Director in charge of the compliance function.
opinion on the quality of internal audits.
Principle 11 The Bank's remuneration structure Maybank Indonesia has a Nomination and Remuneration Committee
Compensation. must support the implementation whose formation and implementation are in accordance with
of corporate governance and risk applicable laws and regulations, thus supporting the implementation of
management. overall governance and risk management.
Principle 12 The Bank's governance implementation Maybank Indonesia always prioritizes disclosure and transparency
Disclosure and must be transparent to shareholders, to shareholders, depositors, other relevant stakeholders, and market
Transparency. depositors, other relevant stakeholders, participants in accordance with applicable provisions and regulations.
and market participants.
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INTEGRATED GOVERNANCE IMPLEMENTATION
REPORT
BACKGROUND MAYBANK INDONESIA FINANCIAL
The implementation of Integrated Governance (“IGCG”) CONGLOMERATION
in the Financial Conglomeration refers to the following Based on OJK Regulation No.18/2014, a Financial
regulations: Conglomeration is required to implement IGCG
- Financial Services Authority (“OJK”) Regulation No. 18/ comprehensively and effectively and has a structure
POJK.03/2014 on the Implementation of Integrated consisting of the Main Entity and Subsidiary Companies
Governance for Financial Conglomeration (“OJK and/or Related Companies and their subsidiaries. The
Regulation No.18/2014”); said Financial Conglomeration includes types of Financial
- OJK Circular Letter No. 15/SEOJK.03/2015 on the Services Institutions such as; banks, finance companies,
Implementation of Integrated Governance for securities companies, insurance and reinsurance
Financial Conglomeration (“OJK Circular Resolution companies.
No.15/2015”); and In the event that the structure of the Financial
- OJK Regulation No. 30 Year 2024 on Financial Conglomeration is a group due to ownership and control
Conglomeration and Holding Company (“OJK linkages, the controlling shareholder of the Financial
Regulation No.30/2024”). Conglomeration must appoint a Main Entity. Malayan
Banking Berhad (“MBB”) as the controlling shareholder
Based on OJK Regulation No.18/2014, each Financial of Maybank Group in Indonesia has appointed the Bank
Conglomeration is required to have IGCG Guidelines with as the Main Entity through its letter dated 27 March
reference to conservative regulations to serve as a guide 2015. This appointment is based on the criteria of the
for Financial Services Institutions (“FSIs”) in the Financial largest amount of assets and/or having good quality risk
Conglomeration to implement Governance. management implementation.
The Bank has implemented IGCG in order to improve the Maybank Indonesia Financial Conglomeration consists of
quality of IGCG implementation, in order to encourage Maybank Indonesia as the Main Entity (EU), and other FSIs
Maybank Indonesia Financial Conglomeration to have as subsidiaries and/or related companies, namely:
more prudent Governance in accordance with the - PT Maybank Indonesia Finance (“MIF”) - financing
principles of transparency, accountability, responsibility, company;
independency or professionalism, and fairness, and - PT Wahana Ottomitra Multiartha Tbk - (“WOM”) -
to encourage financial system stability that grows finance company;
sustainably, so as to increase national competitiveness. - PT Maybank Asset Management (“MAM”) - investment
and advisory manager;
- PT Maybank Sekuritas Indonesia (formerly PT Maybank
Kim Eng Securities) (“MSID”) - securities broker; and
- PT Asuransi Etiqa Internasional Indonesia (formerly PT
Asuransi Asoka Mas) (“EII”) - insurance company).
Maybank Indonesia, as the Main Entity, has established
an Integrated Good Corporate Governance Committee
consisting of representatives from all FSIs that are
members of the Financial Conglomeration. The latest
membership composition of the Integrated Good
Corporate Governance Committee in MIFC was
determined through the Board of Directors’ decision letter
No.SK.2025.015/PRESDIR dated 6 October 2025.
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MAYBANK INDONESIA FINANCIAL CONGLOMERATION STRUCTURE
Amanah Raya Trustees Citigroup Nominees
(Tempatan) Sdn Bhd Kumpulan Wang
Berhad Permodalan Nasional Other Institution and
Employees Provident Persaraan
Amanah Saham Berhad Retail Investors
Fund Board (Diperbadankan)
Bumiputera
27.86% 11.41% 6.43% 5.38% 48.92%
Malayan Banking Berhad
100% 100% 100% 100%
Maybank
Etiqa Maybank
Offshore Maybank Asset
International International
Corporate Management
Holdings Sdn. Holdings Sdn.
Service (Labuan) Group Berhad
Bhd. Bhd.
Sdn Bhd
79.87% 100% 100%
100% PT Asuransi Etiqa Maybank Asset
Vital Solution Sorak Financial Maybank IBG
Public < 5% Internasional Management
Fund Holdings Pte Ltd Holdings Limited
Indonesia Sdn. Bhd.
12.29% 8.73% 45.02% 33.96% 85% 99%
15% PT Maybank PT Maybank
Sekuritas Asset
Indonesia Management
PT Bank Maybank Indonesia Tbk
99.99% 67.49%
PT Maybank PT Wahana
Indonesia Ottomitra
Finance Multiartha Tbk
INTEGRATED GOOD CORPORATE GOVERNANCE GUIDELINES
As stipulated in OJK Regulation No.18/2014, the Governance framework for Financial Conglomeration is a minimum
guideline that must be complied with by the Financial Conglomeration so as to achieve a common level of governance
implementation across all FSIs in the Financial Conglomeration. The preparation of the IGCG framework refers to OJK
Regulation No.18/2014 and the governance provisions applicable to each FSI in the Financial Conglomeration. In order to
implement Corporate Governance in an integrated manner with all FSIs within the Financial Conglomeration.
In order to implement IGCG by the FSIs of Maybank Indonesia Financial Conglomeration Members, the Bank has done
the following:
1. Establish an IGCG Committee;
2. Issuing IGCG Guidelines;
3. Issuing the IGCG Committee Charter;
4. Having integrated work units, namely:
a. Integrated Compliance Working Unit (“SKKT”);
b. Integrated Intern Audit Work Unit (“SKAIT”);
c. Integrated Risk Management Work Unit (“SKMRT”);
5. Issuing policies related to the implementation of integrated risk management and integrated capital;
6. Issuing the Corporate Charter;
7. Holding IGCG Committee Meetings more than required by OJK Regulation No. 18/POJK.03/2014;
8. Delivered the IGCG Guidelines to all FSIs that are members of Maybank Indonesia Financial Conglomeration;
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9. Submitting the Integrated Governance Implementation Assessment Report every semester;
10. Submitting the Annual Report on the Implementation of Integrated Governance;
11. and other related activities.
The IGCG Guidelines are prepared by the Bank’s Board of Directors and based on the recommendations of the IGCG
Committee and approved by the Board of Commissioners. The IGCG Guidelines include at least 2 (two) major parts of
the Guidelines with their respective applications, which include:
1) IGCG Framework for the Main Entity; and
2) IGCG Framework for Financial Services Institution (FSI) members of Maybank Indonesia Financial Conglomeration.
Main Entity ICGC Guidance Framework Framework of the Guidance for the ICGC of Member
1. Requirements of the Main Entity’s Board of Directors and the 1. Requirements for candidates for members of the Board
Main Entity’s Board of Commissioners; of Directors and candidates for members of the Board of
2. Duties and responsibilities of the Main Entity Board of Directors Commissioners;
and the Main Entity Board of Commissioners; 2. Requirements for prospective members of the Sharia
3. Duties and responsibilities of the Integrated Good Corporate Supervisory Board;
Governance; 3. Structure of the Board of Directors and Board of
4. Duties and responsibilities of the Integrated Compliance Commissioners;
Working Unit; 4. Structure of the Sharia Supervisory Board;
5. Duties and responsibilities of the Integrated Internal Audit Work 5. Independence of the actions of the Board of Commissioners;
Unit; and 6. Implementation of the management function of the Financial
6. Implementation of integrated risk management. Services Institution by the Board of Directors;
7. Integrated Governance Guidelines 7. Implementation of the supervisory function by the Board of
Commissioners;
8. Implementation of the supervisory function by the Sharia
Supervisory Board;
9. Implementation of compliance function, internal audit function,
and external audit implementation;
10. Implementation of the risk management function;
11. Remuneration policy; and
12. Management of conflict of interest
ASSESSMENT OF INTEGRATED GOVERNANCE IMPLEMENTATION FOR FINANCIAL
CONGLOMERATION
Maybank indonesia is required to prepare an assessment report on the implementation of IGCG every semester and an
annual report on the implementation of IGCG which is then submitted to the financial services authority in accordance
with the provisions of OJK Regulation No. 18/2014 and OJK Circular Resolution No. 15/2015, as the main entity.
Throughout 2025, the bank as the main entity has conducted an IGCG implementation assessment for semester I and
semester II reporting positions. The IGCG implementation assessment for financial Conglomeration is an assessment of
3 (three) aspects of integrated governance, namely the structure, process, and results of integrated governance.
1. Structure
Aims to assess the adequacy of the IGCG structure so that the process of implementing integrated governance
provides results in accordance with the expectations of stakeholders.
2. Process
Aimed at assessing the effectiveness of the IGCG implementation process supported by the adequacy of the
integrated governance structure so as to provide results in accordance with stakeholder expectations.
3. Governance outcome
a. Aims to assess the quality of results that meet stakeholders’ expectations, including qualitative and quantitative
aspects, among others:
- Financial Conglomeration performance such as efficiency and capitalisation;
- Adequacy of transparency of the annual report on the implementation of IGCG;
- Objectivity in conducting assessments or audits;
- The level of compliance with applicable regulations and the resolution of problems faced by FSIs such as
fraud, violations of provisions related to FSI reports to the financial services authority; in accordance with their
respective financial services sectors.
b. The results of the assessment of the implementation of integrated governance are categorised into 5 (five)
assessment ratings, namely:
- 1st rank;
- 2nd rank;
- 3rd rank;
- 4th rank; and
- 5th rank.
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ASSESSMENT FACTORS FOR THE IMPLEMENTATION OF IGCG FOR FINANCIAL CONGLOMERATION
Assessment of the implementation of integrated governance includes at least 7 (seven) assessment factors of the
implementation of integrated governance, namely:
1. Implementation of duties and responsibilities of the board of directors of the main entity;
2. Implementation of duties and responsibilities of the board of commissioners of the main entity;
3. Duties and responsibilities of the Integrated Good Corporate Governance;
4. Duties and responsibilities of the integrated compliance working unit;
5. Duties and responsibilities of the integrated internal audit work unit;
6. Implementation of integrated risk management;
7. Formulation and implementation of integrated governance guidelines.
Comparison of IGCG implementation report ratings for June and December 2025.
No. Indicator June 2025 December 2025
1. Board of Directors of the Main Entity 2 2
2. Board of Commissioners of the Main Entity 1 1
3. Governance Committee 1 1
4 Integrated Compliance Unit 2 2
5. Integrated Audit Intern Unit 1 1
6. Implementation of Integrated Risk Management 1 1
7. Integrated Governance Guidelines Integrated 1 1
Rating “2” “2”
*) Rating adjustment is done by conservative calculation.
RESULT OF SELF-ASSESSMENT OF MAYBANK INDONESIA FINANCIAL CONGLOMERATION IGCG
IMPLEMENTATION
The results of the self-assessment of the implementation of IGCG of Maybank Indonesia Financial Conglomeration for 1st
Semester and 2nd Semester year 2025 are each and consecutively given “Rating 2” (“Good”). If there are weaknesses in
the application of IGCG principles, then in general these weaknesses are not significant and can be resolved with normal
actions by the Bank’s management.
ANNUAL REPORT ON THE IMPLEMENTATION OF INTEGRATED GOOD CORPORATE GOVERNANCE
The Bank as the Main Entity in the Maybank Indonesia Financial Conglomeration, has submitted the Annual Report on the
Implementation of Integrated Governance in 2024. The Annual Report was prepared with reference to:
1. Financial Services Authority Regulation No. 18/POJK.03/2014 dated 19 November 2014 regarding the Implementation of
Integrated Governance for Financial Conglomeration;
2. Circular Letter of the Financial Services Authority No. 15/SEJK.03/2015 dated 25 May 2015 regarding the
Implementation of Integrated Governance for Financial Conglomeration;
3. Financial Services Authority Regulation No. 17 year 2023 regarding the Implementation of Governance for
Commercial Banks;
4. Circular Letter of the Financial Services Authority No. 13/ SEJK.03/2017 dated 17 March 2017 on the Implementation of
Governance for Commercial Banks
The Annual Report on the Implementation of Integrated Corporate Governance of Maybank Indonesia Financial
Conglomeration consists of:
1. Self-Assessment Report on the Implementation of Integrated Governance during the fiscal year;
2. Financial Conglomeration Structure;
3. Shareholding structure of the Financial Conglomeration that describes the parties that are shareholders of the
Financial Services Institutions (FSIs) in the Financial Conglomeration up to the ultimate shareholders;
4. The management structure of the Bank as the Main Entity and the Financial Services Institutions (Subsidiaries) within
the Financial Conglomeration;
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5. Intra-group transaction policy; 1. Application for Financial Services Authority (“OJK”)
6. IGCG Committee; Approval on the Establishment of a Financial
7. Maybank Indonesia Governance Implementation Conglomeration Holding Company (“PIKK”)
Report, which consists of: Maybank Indonesia has submitted an application
a. Transparency of Governance Implementation as through Letter No. 2025.017/MBI/DIR COMPLIANCE
referred to in point IX of Circular Letter of Financial dated 20 June 2025 regarding the Application for
Services Authority No. 13/SEOJK.03/2017 concerning Financial Services Authority (“OJK”) Approval on the
Implementation of Governance for Commercial Establishment of Maybank Indonesia Operational PIKK.
Banks; and The application has been approved by OJK through
b. Governance Implementation Self-Assessment the Decision Letter of the Member of the OJK Board of
Report as referred to in Appendix IV to the Commissioners (KADK OJK) Number KEP-15/KS.1/2025
Circular Letter of the Financial Services Authority dated 16 September 2025 concerning the Approval
No. 13/SEOJK.03/2017 on the Implementation of of Maybank Indonesia as the Operational Financial
Governance for Commercial Banks. Conglomeration Holding Company of the Maybank
Financial Conglomeration (“OJK Approval Letter”). In
OJK REGULATION NUMBER 30 YEAR 2024 the said OJK Approval Letter, it was decided as follows:
CONCERNING FINANCIAL CONGLOMERATION 1. To approve the appointment of Maybank Indonesia
AND FINANCIAL CONGLOMERATION PARENT as the Operational Financial Conglomeration
COMPANY Holding Company (“PIKK”) of the Maybank
With the enactment of Law Number 4 of 2023 concerning Financial Conglomeration
the Development and Strengthening of the Financial 2. The structure of the Maybank Financial
Sector, it is necessary to align and update the provisions Conglomeration consists of:
related to the Financial Conglomeration that are currently a. PT Bank Maybank Indonesia, Tbk. as the PIKK;
in effect. OJK Regulation Number 30 of 2024 concerning b. PT Maybank Sekuritas Indonesia as a Member;
Financial Conglomeration and Financial Conglomeration c. PT Maybank Asset Management as a Member;
Holding Companies (“OJK Regulation No. 30 of 2024”) d. PT Asuransi Etiqa Internasional Indonesia as a
aims to increase the efficiency and effectiveness of Member;
regulation and supervision of financial services institutions e. PT Maybank Indonesia Finance as a Member;
that have ownership and/or control relationships by f. PT Wahana Ottomitra Multiartha, Tbk. as a
the same party in various financial services sectors in Member.
order to facilitate PSP and/or PSPT in monitoring the 3. The implementation of functions or management
development of the financial services business they units of the Maybank Financial Conglomeration
own, so that the implementation of risk management, shall be under the supervision of Mr. Steffano
governance, capital, and other aspects in an integrated Ridwan.
manner in the Financial Conglomeration becomes 2. Follow-up to the OJK Approval Letter:
more coordinated. This OJK Regulation regulates the 1. To do restructuring of ownership and/or
criteria for Financial Conglomeration that are required share transfers to fulfill the requirements as a
to form a Financial Conglomeration Holding Company Financial Conglomeration Holding Company
(PIKK), requirements for establishing a PIKK, ownership (PIKK) and Financial Conglomeration (KK)
and capitalization of PIKK, PIKK business activities, PIKK as referred to in the OJK Regulation on
duties and responsibilities, PIKK’s obligation to prepare Financial Conglomeration and PIKK, as well
a corporate plan and have a corporate charter, criteria as in accordance with the plan submitted
for ownership and control in a Financial Conglomeration through the Bank’s letter to OJK, which must be
and its amendments, PIKK management, fit and proper completed by 16 September 2026.
assessment and re-assessment for the main PIKK 2. To report the realization of the ownership
parties, prohibition on cross-ownership in a Financial restructuring and/or share transfers as
Conglomeration, OJK’s authority regarding a Financial mentioned in point one above to the
Conglomeration, termination of PIKK, and PIKK reporting Department of Integrated Supervision
obligations. Maybank Indonesia meets the criteria as a Coordination and Licensing, with copies to
financial conglomeration as in accordance with Article 2 the Department of Financial Conglomeration
paragraph (1) of OJK Regulation No. 30 of 2024. Supervision and the Department of Private Bank
Supervision.
3. To remain in full compliance with laws and
regulations on to Financial Conglomeration
and PIKK, including but not limited to provisions
on integrated governance, integrated risk
management, and integrated minimum capital
adequacy requirements.
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IMPLEMENTATION OF THE ASEAN
CORPORATE GOVERNANCE SCORECARD
LEVEL 1
A. Rights and Equitable Treatment of Shareholders
No. Principles and Recommendations Page
A.1 Basic Shareholder Rights
A.1.1 Does the company pay (interim and final/annual) dividends in an equitable and timely manner; that 217-218, 436, 446, 614
is, all shareholders are treated equally and paid within 30 days after being (i) declared for interim
dividends and (ii) approved by shareholders at general meetings for final dividends? In case the
company has offered Scrip dividend, did the company paid the dividend within 60 days.
A.2 Right to participate effectively in and vote in general shareholder meetings and should be
informed of the rules, including voting procedures, that govern general shareholder
meetings.
A.2.1 Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration (fees, 446
allowances, benefit-in-kind and other emoluments) or any increases in remuneration for the non-
executive directors/commissioners?
A.2.2 Does the company provide non-controlling shareholders a right to nominate candidates for board of 442-443, 446-457,
directors/commissioners? 475, 498-499
A.2.3 Does the company allow shareholders to elect directors/commissioners individually? 442-443, 446-457,
475, 498-499
A.2.4 Does the company disclose the voting procedures used before the start of meeting? 444-445
A.2.5 Do the minutes of the most recent AGM record that the shareholders were given the opportunity to 446-457
ask questions and the questions raised by shareholders and answers given recorded?
A.2.6 Does the company disclose the voting results including approving, dissenting, and abstaining votes 446-457
for all resolutions/each agenda item for the most recent AGM?
A.2.7 Does the company disclose the list of board members who attended the most recent AGM? 444
A.2.8 Does the company disclose that all board members and the CEO (if he is not a board member) 444
attended the most recent AGM?
A.2.9 Does the company allow voting in absentia? 442, 444 and in the
GMS Rules of Procedure
A.2.10 Did the company vote by poll (as opposed to by show of hands) for all resolutions at the most recent 445, 446-457 and
AGM? in the GMS Rules of
Procedure
A.2.11 Does the company disclose that it has appointed an independent party (scrutineers/inspectors) to 445
count and/or validate the votes at the AGM?
A.2.12 Does the company make publicly available by the next working day the result of the votes taken 443
during the most recent AGM/EGM for all resolutions?
A.2.13 Does the company provide at least 21 days notice for all AGMs and EGMs? 443-444
A.2.14 Does the company provide the rationale and explanation for each agenda item which require GMS Announcement on
shareholders’ approval in the notice of AGM/circulars and/or the accompanying statement? the Bank's Website
A.2.15 Does the company give the opportunity for shareholders to place item/s on the agenda of general GMS Announcement
meetings and/or to request for general meetings subject to a certain percentage? and Bank Articles of
Association Point 18.5
on the Bank's Website
A.3 Markets for corporate control should be allowed to function in an efficient and transparent
manner.
A.3.1 In cases of mergers, acquisitions and/or takeovers requiring shareholders’ approval, does the board 219
of directors/commissioners of the company appoint an independent party to evaluate the fairness
of the transaction price?
A.4 The exercise of ownership rights by all shareholders, including institutional investors, should be
facilitated.
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No. Principles and Recommendations Page
A.4.1 Does the company disclose its practices to encourage shareholders to engage with the company 603-605
beyond general meetings?
A.5 Shares and voting rights
A.5.1 Where the company has more than one class of shares, does the company publicise the voting 122, 441 and in Articles
rights attached to each class of shares (e.g. through the company website / reports/ the stock of Association Point
exchange/ the regulator’s website)? 10.6 on Bank's website
A.6 Notice of AGM
A.6.1 Does each of the resolutions tabled at the most recent annual general meeting deal with only one 446-457 dan Website
item, i.e., there is no bundling of several items into the same resolution? Bank
A.6.2 Are the company’s notice of the most recent AGM/ circulars fully translated into English and 443, 603 Ringkasan
published on the same date as the local-language version? Berita
Acara RUPS pada
Website Bank
Does the notice of AGM/circulars have the following details:
A.6.3 Are the profiles of directors/commissioners ( at least age, academic qualification, date of first 91-109 and the Bank’s
appointment, experience, and directorships in other listed companies) in seeking election/re- website
election included?
A.6.4 Are the auditors seeking appointment/re-appointment clearly identified? 446 and the Bank’s
website
A.6.5 Were the proxy documents made easily available? Pemanggilan RUPS di
Website Bank
A.7 Insider trading and abusive self-dealing should be prohibited.
A.7.1 Are the directors / commissioners required to report their dealings in company shares within 3
124
business days?
A.8 Related party transactions by directors and key executives.
A.8.1 Does the company have a policy requiring a committee of independent directors/commissioners 219-221
to review material RPTs to determine whether they are in the best interests of the company and
shareholders?
A.8.2 Does the company have a policy requiring board members (directors/commissioners) to abstain 218-219, 611
from participating in the board discussion on a particular agenda when they are conflicted? Articles of Association
on the Bank’s Website
A.8.3 Does the company have policies on loans to directors and commissioners either forbidding this 462, 499
practice or ensuring that they are being conducted at arm’s length basis and at market rates?
A.9 Protecting minority shareholders from abusive actions
A.9.1 Does the company disclose that RPTs are conducted in such a way to ensure that they are fair and at 219-221
arms’ length?
A.9.2 In case of related party transactions requiring shareholders’ approval, is the decision made by 219-221
disinterested shareholders?
B. Sustainability and Resilience
No. Principles and Recommendations Page
B.1 Sustainability-related disclosure should be consistent, comparable and reliable, and include 232
retrospective and forward-looking material information that a reasonable investor would consider Sustainability Report
important in making an investment or voting decision
Material Sustainability-related information should be specified
B.1.1 Does the company identify/report ESG topics that are material to the organisation’s strategy? 61, 234
Sustainability Report
B.1.2 Does the company identify climate change as an issue? 273, 308
Sustainability Report
B.1.3 Does the company adopt an internationally recognised reporting framework or standard for Sustainability Report
sustainability (i.e. GRI, Integrated Reporting, SASB, IFRS Sustainability Disclosure Standards)?
If a company publicly sets a sustainability-related goal or target, the disclosure framework should provide that
reliable metrics are regularly disclosed in an easily accessible form
B.1.4 Does the company disclose quantitative sustainability target? 234-235
Sustainability Report
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No. Principles and Recommendations Page
B.1.5 Does the company disclose sustainability-related performance progress in relation to its previously 234-235
set targets? Sustainability Report
B.1.6 Does the company confirm that its Sustainability Report/ Reporting is reviewed and /or approved by Sustainability Report
the Board or Board Committee?
B.2 Corporate governance frameworks should allow for dialogue between a company, its
shareholders and stakeholders to exchange views on sustainability matters
B.2.1 Does the company engage internal stakeholders to exchange views and gather feedback on Sustainability Report
sustainability matters that are material to the business of the company?
B.2.2 Does the company engage external stakeholders to exchange views and gather feedback on Sustainability Report
sustainability matters that are material to the business of the company?
B.3 The corporate governance framework should ensure that boards adequately consider material 273, 308, 438
sustainability risks and opportunities when fulfilling their key functions in reviewing, monitoring Sustainability Report
and guiding governance practices, disclosure, strategy, risk management and internal control
systems, including with respect to climate-related physical and transition risks
Boards should assess whether the company’s capital structure is compatible with its strategic goals and its
associated risk appetite to ensure it is resilient to different scenarios
B.3.1 Does the company disclose that the board reviews on an annual basis that the company’s capital 214-215, 289
and debt structure is compatible with its strategic goals and its associated risk appetite?
B.4 The corporate governance framework should recognise the rights of stakeholders established by
law or through mutual agreements and encourage active co- operation between corporations
and stakeholders in creating wealth, jobs, and the sustainability of financially sound enterprises.
Does the company disclose a policy and practices that address:
B.4.1 The existence and scope of the company’s efforts to address customers’ welfare? 269-272
B.4.2 Supplier/contractor selection procedures? 612
B.4.3 The company’s efforts to ensure that its value chain is environmentally friendly or is consistent with 612
promoting sustainable development? Sustainability Report
B.4.4 The company’s efforts to interact with the communities in which they operate? 231-235, 269-272
Sustainability Report
B.4.5 The company’s anti-corruption programmes and procedures? 613
B.4.6 How creditors’ rights are safeguarded? 613
B.4.7 Does the company have a separate report/section that discusses its efforts on environment/ 608
economy and social issues? Sustainability Report
B.5 Where stakeholder interests are protected by law, stakeholders should have the opportunity to
obtain effective redress for violation of their rights.
B.5.1 Does the company provide contact details via the company’s website or Annual Report which 578
stakeholders (e.g. customers, suppliers, general public etc.) can use to voice their concerns and/or
complaints for possible violation of their rights?
B.6 Mechanisms for employee participation should be allowed to be developed.
B.6.1 Does the company explicitly disclose the policies and practices on health, safety and welfare for its 240, 244, 251
employees? Sustainability Report
B.6.2 Does the company explicitly disclose the policies and practices on training and development 247-250
programmes for its employees?
B.6.3 Does the company have a reward/compensation policy that accounts for the performance of the 251
company beyond short-term financial measures?
B.7 Stakeholders including individual employee and their representative bodies, should be able to
freely communicate their concerns about illegal or unethical practices to
the board and their rights should not be compromised for doing this.
B.7.1 Does the company have a whistle blowing policy which includes procedures for complaints by 578
employees and other stakeholders concerning alleged illegal and unethical behaviour and provide
contact details via the company’s website or annual report
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No. Principles and Recommendations Page
B.7.2 Does the company have a policy or procedures to protect an employee/person who reveals alleged 578
illegal/unethical behaviour from retaliation?
C. Disclosure and Transparency
No. Principles and Recommendations Page
C.1 Transparent ownership structure
C.1.1 Does the information on shareholdings reveal the identity of beneficial owners, holding 5% 122
shareholding or more?
C.1.2 Does the company disclose the direct and indirect (deemed) shareholdings of major and/or 125
substantial shareholders?
C.1.3 Does the company disclose the direct and indirect (deemed) shareholdings of directors 122, 124
(commissioners)?
C.1.4 Does the company disclose the direct and indirect (deemed) shareholdings of senior management? 547
C.1.5 Does the company disclose details of the parent/ holding company, subsidiaries, associates, joint 127-129
ventures and special purpose enterprises/ vehicles (SPEs)/ (SPVs)?
C.2 Annual Report Quality
Does the company’s annual report disclose the following items:
C.2.1 Corporate objectives 84-86
C.2.2 Financial performance indicators 26
C.2.3 Non-financial performance indicators 30
C.2.4 Dividend policy 217
C.2.5 Biographical details (at least age, academic qualifications, date of first appointment, relevant 91-109
experience, and any other directorships of listed companies) of all directors/commissioners
Corporate Governance Confirmation Statement
C.2.6 Does the Annual Report contain a statement confirming the company’s full compliance with thecode 617, 621-643
of corporate governance and where there is non- compliance, identify and explain reasons for each
such issue?
C.3 Remuneration of Members of the Board and Key Executives
C.3.1 Is there disclosure of the fee structure for non- executive directors/commissioners? 545-549
C.3.2 Does the company publicly disclose [i.e. annual report or other publicly disclosed documents] details 545-549
of remuneration of each non-executive director/ commissioner?
C.3.3 Does the company disclose its remuneration (fees, allowances, benefit-in-kind and other 545-549
emoluments) policy/practices (i.e. the use of short term and long term incentives and performance
measures) for its executive directors and CEO?
C.3.4 Does the company publicly disclose [i.e. annual report or other publicly disclosed documents] the 545-549
details of remuneration of each of the executive directors and CEO [if he/she is not a member of the
Board]?
C.4 Related party transaction disclosure (RPT)
C.4.1 Does the company disclose its policy covering the review and approval of material RPTs? 219-221
and Audited Financial
Statements
C.4.2 Does the company disclose the name, relationship, nature and value for each material RPTs? 219-221
and Audited Financial
Statements
C.5 Directors and Commissioners who deal in the Company's shares
C.5.1 Does the company disclose trading in the company’s shares by insiders? 615
C.6 External Auditor and Auditor's Report
Where the same audit firm is engaged for both audit and non-audit services
C.6.1 Are the audit and non-audit fees disclosed? 137
C.6.2 Does the non-audit fee exceed the audit fees? 137
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No. Principles and Recommendations Page
C.7 Communication Media
Does the company use the following modes of communication?
C.7.1 Quarterly reporting 609
C.7.2 Company website 139
C.7.3 Analyst’s briefing 603
C.7.4 Media briefings /press conferences 603
C.8 Timely filing/release of annual/financial reports
C.8.1 Are the audited annual financial report / statement released within 120 days from the financial year Audited Financial
end? Statements
C.8.2 Is the annual report released within 120 days from the financial year end? 684
C.8.3 Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the 684
board of directors/commissioners and/or the relevant officers of the company?
C.9 Company website
Does the company have a website disclosing up-to-date information on the following:
C.9.1 Financial statements/reports (latest quarterly) Website Bank
C.9.2 Materials provided in briefings to analysts and media Website Bank
C.9.3 Downloadable annual report Website Bank
C.9.4 Notice of AGM and/or EGM Website Bank
C.9.5 Minutes of AGM and/or EGM Website Bank
C.9.6 Company’s constitution (company’s by-laws, memorandum and articles of association) Website Bank
C.10 Investor relations
C.10.1 Does the company disclose the contact details (e.g. telephone, fax, and email) of the officer / office 595
responsible for investor relations?
D. Responsibilities of the Board
No. Principles and Recommendations Page
D.1 Board Duties and Responsibilities
Clearly defined board responsibilities and corporate governance policy
D.1.1 Does the company disclose its corporate governance policy / board charter? 431, 459, 485
D.1.2 Are the types of decisions requiring board of directors/commissioners’ approval disclosed ? 462, 487-488
and the articles of
association
and the website
D.1.3 Are the roles and responsibilities of the board of directors/commissioners clearly stated ? 459, 487
Corporate Vision/Mission
D.1.4 Does the company have an updated vision and mission statement? 84
D.1.5 Does the board of directors play a leading role in the process of developing and reviewing the 47, 57
company’s strategy at least annually?
D.1.6 Does the board of directors have a process to review, monitor and oversee the implementation of the 57-58
corporate strategy?
D.2 Board structure
Code of Ethics or Conduct
D.2.1 Are the details of the code of ethics or conduct disclosed? 605
D.2.2 Are all directors/commissioners, senior management and employees required to comply with the 606
code/s?
D.2.3 Does the company have a process to implement and monitor compliance with the code/s of ethics 606
or conduct?
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No. Principles and Recommendations Page
Board Structure & Composition
D.2.4 Do independent directors/commissioners make up at least 50% of the board of directors/ 464
commissioners?
D.2.5 Does the company have a term limit of nine years or less or 2 terms of five years1 each for its Articles of Association
independent directors/ commissioners? and website
1 The five years term must be required by legislation which pre-existed the introduction of the ASEAN
Corporate Governance Scorecard in 2011
D.2.6 Has the company set a limit of five board seats that an individual independent/non-executive 467, 497
director/commissioner may hold simultaneously?
D.2.7 Does the company have any executive directors who serve on more than two boards of listed
companies outside of the group?
Nominating Committee
D.2.8 Does the company have a Nominating Committee? 528
D.2.9 Is the Nominating Committee comprised of a majority of independent directors/commissioners? 528
D.2.10 Is the chairman of the Nominating Committee an independent director/commissioner? 528
D.2.11 Does the company disclose the terms of reference/ governance structure/charter of the Nominating 528
Committee?
D.2.12 Is the meeting attendance of the Nominating Committee disclosed and if so, did the Nominating 531-532
Committee meet at least twice during the year?
Remuneration Committee / Compensation Committee
D.2.13 Does the company have a Remuneration Committee? 528
D.2.14 Is the Remuneration Committee comprised entirely of non-executive directors/commissioners with a 528
majority of independent directors/commissioners ?
D.2.15 Is the chairman of the Remuneration Committee an independent director/commissioner? 528
D.2.16 Does the company disclose the terms of reference/ governance structure/ charter of the 528
Remuneration Committee?
D.2.17 Is the meeting attendance of the Remuneration Committee disclosed and, if so, did the 531-532
Remuneration Committee meet at least twice during the year?
Audit Committee
D.2.18 Does the company have an Audit Committee? 514
D.2.19 Is the Audit Committee comprised entirely of non-executive directors/commissioners with a majority 514
of independent directors/commissioners?
D.2.20 Is the chairman of the Audit Committee an independent director/commissioner? 514
D.2.21 Does the company disclose the terms of reference/governance structure/charter of the Audit 514
Committee?
D.2.22 Does at least one of the independent directors/commissioners of the committee have accounting 519
expertise (accounting qualification or experience)?
D.2.23 Is the meeting attendance of the Audit Committee disclosed and, if so, did the Audit Committee meet 517-519
at least four times during the year?
D.2.24 Does the Audit Committee have primary responsibility for recommendation on the appointment, and 516-517
removal of the external auditor?
D.3 Board Processes
Board meetings and attendance
D.3.1 Are the board of directors meeting scheduled before the start of financial year? 476-483, 500-507
D.3.2 Does the board of directors/commissioners meet at least six times during the year? 476-483, 500-507
D.3.3 Has each of the directors/commissioners attended at least 75% of all the board meetings held during 476-483, 500-507
the year?
D.3.4 Does the company require a minimum quorum of at least 2/3 for board decisions? 476, 500
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No. Principles and Recommendations Page
D.3.5 Did the non-executive directors/commissioners of the company meet separately at least once 476, 500
during the year without any executives present?
Access to information
D.3.6 Are board papers for board of directors/commissioners meetings provided to the board at least five 476-483, 500-507
business days in advance of the board meeting?
D.3.7 Does the company secretary play a significant role in supporting the board in discharging its 476, 500
responsibilities?
D.3.8 Is the company secretary trained in legal, accountancy or company secretarial practices and has 500
kept abreast on relevant developments?
Board Appointments and Re-Election
D.3.9 Does the company disclose the criteria used in selecting new directors/commissioners? 465, 498-499
D.3.10 Did the company describe the process followed in appointing new directors/commissioners? 500
D.3.11 Are all directors/commissioners subject to re-election every 3 years; or 5 years for listed companies 465, 498-499
in countries whose legislation prescribes a term of 5 years2 each? 2 The five years term must be
required by legislation which pre-existed the introduction of the ASEAN Corporate Governance Articles of Association
Scorecard in 2011 and website
Remuneration Matters
D.3.12 Do the shareholders or the Board of Directors approve the remuneration of the executive directors 447-448
and/or the senior executives?
D.3.13 Does the company have measurable standards to align the performance-based remuneration of 531, 545-549
the executive directors and senior executives with long-term interests of the company, such as claw
back provision and deferred bonuses?
Internal Audit
D.3.14 Does the company have a separate internal audit function? 586
D.3.15 Is the head of internal audit identified or, if outsourced, is the name of the external firm disclosed? 586
D.3.16 Does the appointment and removal of the internal auditor require the approval of the Audit 586
Committee?
Risk Oversight
D.3.17 Does the company establish a sound internal control procedures/risk management framework and 594, 599
periodically review the effectiveness of that framework?
D.3.18 Does the Annual Report/Annual CG Report disclose that the board of directors/commissioners 594, 599
has conducted a review of the company’s material controls (including operational, financial and
compliance controls) and risk management systems?
D.3.19 Does the company disclose the key risks to which the company is materially exposed to (i.e. financial, 598
operational including IT, environmental, social, economic)?
D.3.20 Does the Annual Report/Annual CG Report contain a statement from the board of directors/ 594, 599
commissioners or Audit Committee commenting on the adequacy of the company’s internal
controls/risk management systems?
D.4 People on the Board
Board Chairman
D.4.1 Do different persons assume the roles of chairman and CEO? 91, 99
D.4.2 Is the chairman an independent director/commissioner? 91-95
D.4.3 Is any of the directors a former CEO of the company in the past 2 years? 99
D.4.4 Are the roles and responsibilities of the chairman disclosed? 487
Lead Independent Director
D.4.5 If the Chairman is not independent, has the Board appointed a Lead/Senior Independent Director 448-449
and has his/her role been defined?
Skills and Competencies
D.4.6 Does at least one non-executive director/commissioner have prior working experience in the major 511-513
sector that the company is operating in?
D.5 Board Performance
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No. Principles and Recommendations Page
Board Performance Directors Development
D.5.1 Does the company have orientation programmes for new directors/commissioners?
498
472-475, 489-492
D.5.2 Does the company have a policy and actual practice and programs that encourages directors/
commissioners to attend on-going or continuous professional education programmes?
CEO/Executive Management Appointments and Performance
D.5.3 Does the company disclose the process on how the board of directors/commissioners plans for the 532
succession of the CEO/Managing Director/President and key management?
D.5.4 Does the board of directors/commissioners conduct an annual performance assessment of the CEO/ 507
Managing Director/President?
Board Appraisal
D.5.5 Did the company conduct an annual performance assessment of the board of directors/ 467, 507
commissioners and disclose the criteria and process followed for the assessment?
Director Appraisal
D.5.6 Did the company conduct an annual performance assessment of the individual directors/ 467, 507
commissioners and disclose the criteria and process followed for the assessment?
Committee Appraisal
D.5.7 Did the company conduct an annual performance assessment of the board committees and 469
disclose the criteria and process followed for the assessment?
LEVEL 2 – BONUS ITEMS
(B) A. Rights and Equitable Treatment of shareholders
No. Principles and Recommendations Page
(B) A.1 Right to participate effectively in and vote in general shareholders meeting and should be
informed of the rules, including voting procedures, that govern general shareholders meeting.
(B) A.1.1 Does the company practice real time secure electronic voting in absentia at general meetings of 443-445
shareholders?
(B) A.2 Equitable treatment of shareholders
Notice of AGM
(B)A.2.1 Does the company release its notice of AGM (with detailed agendas and explanatory circulars), as 443-445
announced to the Exchange, at least 28 days before the date of the meeting?
(B) B. Sustainability and Resilience
No. Principles and Recommendations Page
(B) B.1
(B) B.1.1 Does the company disclose how it manages climate-related risks and opportunities? 273, 308
and the
Sustainability Report
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(B) Does the company disclose that its Sustainability Report / Sustainability Reporting is externally Sustainability Report
B.1.2 assured? and Bank Website
(B) Does the company disclose the engagement channel with stakeholder groups and how the 234-235
B.1.3 company responds to stakeholders’ ESG concerns? and the
Sustainability Report
(B) Does the company have a unit / division / committee who is specifically responsible to manage the 234-235
B.1.4 sustainability matters? and the
Sustainability Report
(B) Does the company disclose board of directors/commissioners’ oversight of sustainability-related 308
B.1.5 risks and opportunities? and the
Sustainability Report
(B) Does the company disclose the linkage between executive directors and senior management 545-549
B.1.6 remuneration and sustainability performance for the previous year?
(B) Is the company’s Whistle Blowing System managed by independent parties / institutions? 578
B.1.7
(B) C. Disclosure and transparency
No. Principles and Recommendations Page
(B) C.1 Quality of Annual Report
(B) C.1.1 Are the audited annual financial report /statement released within 60 days from the financial year Financial Statements
end? Audited
(B) D. Responsibilities of the Board
No. Principles and Recommendations Page
(B) D.1 Board Competencies and Diversity
(B) D.1.1 Does the company have at least one female independent director/commissioner? 92
(B) Does the company have a policy and disclose measurable objectives for implementing its board 511-513
D.1.2 diversity and report on progress in achieving its objectives?
(B) D.2 Board Structure
(B) Is the Nominating Committee comprise entirely of independent directors/commissioners? 528
D.2.1
(B) Does the Nominating Committee undertake the process of identifying the quality of directors aligned 530-531
D.2.2 with the company’s strategic directions?
(B) D.3 Board Appointments and Re-Election
(B) Does the company use professional search firms or other external sources of candidates (such as 500
D.3.1 director databases set up by director or shareholder bodies) when searching for candidates to the
board of directors/commissioners?
(B) D.4 Board Structure & Composition
(B) Do independent non-executive directors/commissioners make up more than 50% of the board of 464
D.4.1 directors/commissioners for a company with independent chairman?
(B) D.5 Risk Oversight
(B) Does the company disclose that its Board identified key risk in relation to information technology 256-259
D.5.1 including disruption, cyber security, and disaster recovery, to ensure that such risks are managed
and integrated into the overall risk management framework?
(B) D.6 Board Performance
(B) Does the company have a separate board level Risk Committee? 550-567
D.6.1
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BOARD OF COMMISSIONERS APPROVAL SHEET
GOOD CORPORATE GOVERNANCE (GCG)
IMPLEMENTATION REPORT 2025
PT BANK MAYBANK INDONESIA TBK
BOARD OF COMMISSIONERS
DATO’ SRI KHAIRUSSALEH RAMLI
President Commissioner
EDWIN GERUNGAN DATUK LIM HONG TAT DATO’ ZULKIFLEE ABBAS ABDUL HAMID
Commissioner Commissioner Commissioner
HENDAR PUTUT EKO BAYUSENO MARINA R. TUSIN DANIEL JAMES ROMPAS
Independent Commissioner Independent Commissioner Independent Commissioner Independent Commissioner
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BOARD OF DIRECTORS APPROVAL SHEET
GOOD CORPORATE GOVERNANCE (GCG)
IMPLEMENTATION REPORT 2025
PT BANK MAYBANK INDONESIA TBK
BOARD OF DIRECTORS
STEFFANO RIDWAN
President Director
IRVANDI FERIZAL EFFENDI WIDYA PERMANA RICKY ANTARIKSA
Director Director Director Director
BAMBANG ANDRI IRAWAN YESSIKA EFFENDI ROMY HARDIANSYAH SHAIFUL ADHLI YAZID BIANTO SURODJO
Director Director Director Director Director
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GCG Report
Shariah Business
Unit
2025
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INTRODUCTION To help execute the strategies, Maybank Indonesia SBU
To foster sound growth and develop a reliable business has been very consistent in building stronger governance
expansion, PT Bank Maybank Indonesia Tbk Shariah guidelines through Shariah Governance Framework (SGF),
Business Unit (hereinafter referred to as Maybank Shariah Compliance Policy (SCP) and supervision of the
Indonesia SBU) is committed to implement Good implementation of Shariah principles within Maybank
Corporate Governance (GCG) with consistency while Indonesia work unit related to Shariah business activities.
ensuring its banking management remains shariah-
compliant in order to provide security to stakeholders. The Board of Directors, Board of Commissioners, and
This all adds up to a risk mitigation effort as has been Shariah Supervisory Board (SSB) took an active role
mandated by the Financial Services Authority (OJK), and provide full support, and hence Maybank Indonesia
particularly in managing reputation risk in the Shariah SBU works to ensure GCG principles are applied in
banking industry. every business aspects and organisation level, as
have been manifested in the execution of duties and
The implementation of Corporate Governance refers to responsibilities of its SBU Director and Shariah Supervisory
Financial Services Authority Regulation Number 2 of 2024 Board, Shariah principles implementation in collecting
concerning the Implementation of Sharia Governance fund, fund disbursement, and providing services. Other
for Islamic Commercial Banks and Sharia Business Units, efforts may also be seen from prudence principles in
Financial Services Authority Circular Letter of the Republic fund disbursement to the Bank’s core customers, fund
of Indonesia Number 15/SEOJK.03/2024 concerning deposits from the Bank’s core depositors, and ensuring
the Implementation of Sharia Governance for Islamic transparency in financial and non-financial aspects,
Commercial Banks and Sharia Business Units, and governance, including internal reporting.
Financial Services Authority Circular Letter of the Republic
of Indonesia Number 14/SEOJK.03/2025 concerning the BOARD OF DIRECTORS
Implementation of Governance for Commercial Banks. The Board of Directors of Maybank Indonesia is
responsible for overseeing the implementation of
Under these regulations, the implementation of Good Sharia Governance, including the following duties and
Corporate Governance in Islamic banking is based on responsibilities:
five fundamental principles aimed at protecting the a. The Board of Directors is responsible for the
interests of stakeholders and enhancing compliance with development of the Sharia Business Unit (SBU).
applicable laws and regulations as well as ethical values b. The Board of Directors is expected to understand
generally applied within the Islamic banking industry. the risks of non-compliance with Sharia Principles in
Islamic financial activities, as well as issues related to
The five fundamental principles are as follows: such risks and their potential implications for the Bank,
1. Transparency; in the disclosure of material and particularly within the areas under their supervision.
relevant information and in the decision-making c. The Board of Directors determines the candidates
process. for members of the SSB based on proposals from the
2. Accountability; clarity of functions and proper Board of Commissioners to obtain recommendations
implementation of accountability of bank organs to from the Indonesian Ulema Council (MUI) and
ensure effective business management. subsequently seek approval from the OJK. The
3. Responsibility; conformity of bank management to all establishment and appointment of the SSB are further
applicable laws and regulations and the principles of explained in a separate policy.
sound bank management. d. To strengthen relations and communication with the
4. Professional; having competence and capability to SSB, the Board of Directors may appoint SSB members
act objectively and are free from influence/pressure as invitee members in relevant committees to discuss
from any other party (independent) and having a high Sharia-related matters when necessary.
commitment to develop Shariah banking. e. The Board of Directors is required to support the
5. Fairness; impartiality and equality in fulfilling the rights execution of the duties of the SSB, at minimum by:
of stakeholders based on agreements and applicable 1) Providing accurate, relevant, and timely data and
laws and regulations. information to the SSB for the purpose of carrying
out its duties;
Since 2014, Maybank Indonesia has implemented the 2) Ensuring the availability and adequacy of
‘Shariah First’ and ‘Leverage Business Model’ strategies internal reporting supported by an appropriate
that give precedence to offering shariah products to all management information system to support the
Maybank Indonesia customers. Aligned with Maybank execution of the SSB’s duties; and
Group’s vision, these strategies differentiate the Bank 3) Providing adequate facilities and infrastructure to
as an Innovative Industry Leader in the Shariah banking support the execution of the SSB’s duties;
industry. f. The Board of Directors is required to follow up on the
recommendations resulting from the supervision
conducted by the SSB.
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Throughout 2025, the Board of Directors implemented Sharia Governance across all the business activities of the Bank
and its SBU at every organizational level. The Board of Directors also followed up on audit findings or examination results
and recommendations from the SSB, the Bank’s Internal Audit Unit, external auditors, supervisory findings of the Financial
Services Authority, and/or supervisory findings from other authorities and institutions related to the implementation of
Sharia Principles. In addition, the Board of Directors ensured the availability of adequate facilities and infrastructure to
support the execution of the SSB’s duties.
DIRECTOR OF MAYBANK INDONESIA SBU
Pursuant to all governance stipulations, Maybank Indonesia SBU Director is fully responsible for SBU management based
on both prudence and Shariah principles. Based on the results of Annual Meeting of Shareholders (“AGM”) of Maybank
held on 1 April 2024, Mr. Romy Hardiansyah, who is also the President Director of Maybank Indonesia (formerly BII), was
appointed for the position. The appointment was approved by OJK in letter No.SR-276/PB.02/2024 dated 11 July 2024 on
the Application for Approval of Candidates for Director of Shariah Business Unit (SBU) of PT Bank Maybank Indonesia Tbk.
Profile of Maybank Indonesia SBU Director
Romy Hardiansyah
MAYBANK INDONESIA SBU DIRECTOR
Age Nationality
53 years old Indonesia
Gender Domicile
Male Jakarta, Indonesia
Served as Maybank Indonesia SBU Director since 1 April 2024
Experience
He has over two decades of experience in the global banking and finance industry. Previously, he served as the Head of Shariah
Banking at PT Bank Maybank Indonesia, Tbk. (2019–2024), where he led the development of Shariah banking. Before joining Maybank
Indonesia, he held various key positions at Emirates Shariah Bank, Dubai, including Head of Syndication & Capital Markets (2017–2019),
Head of Transaction Banking & Corporate Advisory (2013–2017), and Head of Large Corporate & Public Sector in Muscat, Oman (2013).
He also served as Senior Vice President at Global Banking & Markets HSBC (2005–2009), as well as Team Leader – Large Corporate at
Bank Al-Bilad, Riyadh (2009–2010). At ABN-AMRO, he held various positions, including Assistant Vice President (2004–2005), Manager,
Credit Structuring (2001–2002), and Relationship Manager – Global Corporate (1999–2001).
In addition to his career in the banking sector, he served as a Senior Business Information Specialist at McKinsey & Company (2002-
2004). He began his career as a Production Control Analyst at Proto Engineering, California from (1996-1997), and subsequently served
as a Senior Officer in Investment Banking at Sumitomo Niaga Bank from (1997-1999)
Qualification
A holder of Bachelor Degree in Science from San Jose State University (USA) in 1996..
Duties and Responsibilities of the Maybank Indonesia SBU Director
The following are duties and responsibilities of the Director of Maybank Indonesia SBU:
Key Accountibility Main Activity Results
Responsible for devising 1. Develop SBU business strategy for the next 5 years. Annual Budget Against
development strategy for the 2. Prepare the Annual Budget Work Plan (RKAT) of SBU Work Results and Planned
SBU business 3. SBU Business Strategy Implementation Strategies
Responsible for the Working with Shariah Supervisory Board (SSB), to oversee SBU banking 1. Follow-up supervision of
implementation of SBU activities, both Shariah products and services to comply with Shariah SSB and Audit
management based on principles and analysing audit findings and/or recommendations 2. GCG report of SBU
both prudence and Shariah from audit results by the Financial Authority, internal auditors and/ or 3. SBU Risk Profile Report
principles external auditors.
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BOARD OF COMMISSIONERS 4. Replacement and development of the Trade Finance
The duties and responsibilities of the Board of service system (Maybank M2E Trade)
Commissioners in relation to the implementation of Sharia 5. Account Linking Service through Mitra Platforms – API
governance include the following: Account Binding
1. Ensuring that the Board of Directors has followed up on 6. Balance Information and Transaction History Services
the recommendations resulting from the supervision through Mitra Platforms using APIs based on the
of the Sharia Supervisory Board; National Payment Open API Standard (SNAP) – API
2. Attending meetings of the Sharia Supervisory Board SNAP Inquiry
together with the Board of Commissioners at least 7. Fund Transfer Service through Mitra Platforms using
once every four months; and APIs based on the National Payment Open API
3. Appointing a public accountant and or public Standard (SNAP) – API SNAP Transfer.
accounting firm to conduct a review. 8. iBaaS (Islamic Banking as a Services) service for
collaboration with partners.
In carrying out its supervisory duties, the Board of
Commissioners has directed, monitored, and evaluated Shariah Banking E-Learning
the implementation of governance, risk management, In order to increase staff awareness and
and compliance, including recommendations arising from acknowledgement for Sharia principles, Maybank
the supervisions of the Sharia Supervisory Board (SSB), in Indonesia SBU continuously implements e-learning
an integrated manner. The Board of Commissioners has covering Sharia banking scopes and insights.
also held joint meetings with the SSB in accordance with
the prevailing regulations. Meanwhile, the appointment As an ongoing effort for the socialisation and education
of a public accountant and/or public accountant firm to of Shariah banking, Maybank Indonesia SBU also strives
conduct a review had not been carried out in 2025. to ensure all employees related to Shariah business
fulfill the E-Learning programme, including monitoring
BUSINESS DEVELOPMENT AND SERVICES the completion of e-learning modules and requiring the
The purpose of Maybank Indonesia business to prioritise Foundation of Shariah Banking and Comprehension of
Shariah principles increasingly showing significant results. Shariah Banking modules as mandatory for Maybank
With ‘product & sales support management’ business Indonesia employment process.
model, Maybank Indonesia SBU functions as a unit that
manages and develops products and supports Shariah Shariah Governance Framework (SGF) and Shariah
scheme marketing efforts, providing Maybank Indonesia Compliance Policy (SCP)
business ecosystem with Shariah product differentiator The Shariah Compliance Policy (SCP) is a summary of
to provide customer’s needs across all segments: Retail Shariah principles in accordance with the fatwas of the
Banking, Business Banking, and Global Banking. National Shariah Council-Majelis Ulama Indonesia (DSN-
MUI) and Shariah banking regulations to enhance control
For the year 2025, Maybank Indonesia SBU succeeded over the fulfilment of Shariah principles in the Bank’s
in executing business strategies, work programs and Shariah business activities. The SCP is part of the Bank’s
projects to supports the Shariah business, namely: Shariah Governance Framework (SGF) and serves as the
basis for the preparation of the Bank’s internal provisions
‘Shariah First’ Strategy relating to the fulfilment of Shariah principles in carrying
As previously has been executed from the pas few years, out Shariah business activities.
in 2025, Maybank Indonesia Management continues to
focuses on ‘Shariah First’ strategy where all Maybank Maybank Indonesia is committed to continuously
Indonesia branch offices prioritise in offering Shariah executing enhancement to the Shariah Governance
products to potential and existing customers through Framework and Shariah Compliance Policy (SCP) to align
addressing its competitive advantage. with Maybank Indonesia’s business activities, including
updating the Shariah Financing Screening Checklist.
Product Development & Innovation
In 2025, Maybank Indonesia SBU commited to actively Shariah Banking Socialisation, Education and
establishing Shariah banking ecosystem through Awareness
developing and innovating digital products and services Maybank Indonesia SBU always actively participates in
as follows: Sharia banking Sosialisation and education activities
1. Personal Financing iB (unsecured financing) initiated by OJK and BI, Indonesian Sharia Bank
2. Digitalisation of the Maybank EBiz Pintar iB financing Association (ASBISINDO), BUS and SBU and BPRS through
product ‘Financial Inclusion Month’ and other Sharia awareness
3. Development of the Pembiayaan Yang Diterima iB activities.
product (Sharing Restricted Investment Account iB)
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Socialisation and education activities aim to promote the Shariah banking system to the public through:
(i) Sharia banking education, socialisation & promotion programs that are easy to understand,
(ii) Development of innovative products,
(iii) Improvement of the quality of Sharia banking services that are in accordance with the real needs of the community
& the business world of banking service users,
(iv) Office network efficiency, including innovation in providing Sharia banking services that are easy and efficient and
reach all levels of society,
(v) Increasing competitiveness in terms of competitive banking services and financing costs, and
(vi) Increasing competitive investment benefits or returns.
During 2025, Maybank Indonesia SBU Syariah banking socialisation and education activities were as follows:
No Date Event
1 11-12 Jan 25 Sponsorship Event Connect 3
2 13 Jan 25 Event STLF 2025
3 24 Jan 25 Townhall SBU 2025
4 19-21 Feb 25 The Islamic Finance News (IFN) Awards 2025
5 27 Feb 25 Maybank Syariah Signing Ceremony with LP UMKM
Muhammadiyah & LPPOM MUI for UMKM Halal Certification Facilitation
6 15-16 Mar 25 Event Maybank Carnival Bandung
7 19 Mar 25 SBU Iftar Event
8 18-20 Apr 25 Sponsorship Event Manasik Haji TAZKIA
9 25-27 Apr 25 Sponsorship Event Manasik Haji ESQ
10 16-18 May 25 Event OJK Syafif Palembang 2025
11 25 May 25 Letting Go Prelovedsgram
12 28 May 25 Islamic Sharing Session - Sharia Money Market
13 16-19 Jun 25 Sponsorship Event Mini Planet 2025
14 9 Jul 25 Sharia SME Gathering Jakarta 2
15 12 Jul 25 Sponsorship Event Luminihsan
16 2-3 Aug 25 Event OJK SYAFIF Bandung 2025
17 29-31 Aug 25 Event BI Provinsi Banten – SHAFARA & FERBA 2025
18 3 Sep 25 Event Signing Ceremony SRIA
19 12-14 Sep 25 Sponsorship SWM Event Muhammadiyah Jogja Expo 2025
20 2 Oct 25 Infobank Awards 2025
21 10 Oct 25 Business Deals Transaksi SRIA Pertama di Event BI: ISEF 2025
22 16 Oct 25 Signing Fasilitas Sindikasi IMBT (GB)
23 22 Oct 25 Signing Ceremony MoU POS - WOM - MBI
24 6-9 Nov 25 Event OJK EKSiS 2025 - Lippo Mall Nusantara Jakarta
25 16 Nov 25 SWM Gathering Alumni Connect 3
26 1 Dec 25 Sharia Financial Literacy with Cendekia Abditama Uni. Students
ORGANISATIONAL DEVELOPMENT
To improve its Shariah business, the Management of Maybank Indonesia is aligning Maybank’s overall business strategy
by developing Maybank Indonesia UUS as ‘Product & Sales Management’ in accordance with Shariah principles.
Maybank Indonesia UUS organisational development continues to be carried out to support the implementation of
the Leveraged Business Model and accelerate the growth of Maybank Indonesia UUS while maintaining business and
operational conformity with Shariah principles.
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Human Capital (HC) Education and Training) With regard to the development of the Sharia office
Maybank Indonesia SBU continues to improve its HC network, Maybank Indonesia Sharia Business Unit opened
capabilities/competencies by providing various training, one additional Sharia Sub Branch Office in Kelapa Gading
namely: in November 2023. As a result, the number of Sharia office
1. Provide Shariah banking training to employees who networks increased from 19 offices as of September 2023
handle or are related to Shariah business at Branch to 20 offices as of November 2023, consisting of 17 Sharia
Offices and Head Office in the form of e-Learning Branch Offices and 3 Sharia Sub Branch Offices.
and in class training according to the level of training
required by each employee. For 2025, the Bank has no plans to open new Sharia office
2. Provide opportunities for DPS members to take part in networks and will instead focus on enhancing productivity
training/seminars/workshops in accordance with the and business growth across existing Sharia Branch Offices
self-development needs of DPS members to support and Sharia Sub Branch Offices, while maximising the
and improve Shariah supervision activities at Maybank Conventional Commercial Bank branch network to further
Indonesia SBU, including Pre-Ijtima’ Sanawi and Ijtima’ expand the reach of Sharia financial services across
Sanawi (Annual Meeting) DPS Year 2024 organised by regions and market segments.
DSN-MUI.
3. Other related training courses. To drive business growth within the Sharia branch network,
the Bank implements a sustainable strategy that includes
DEVELOPMENT OF DISTRIBUTION NETWORK the following initiatives:
The Bank continuously evaluates business development 1. Stronger growth from sustainable business through
potential in various regions across Indonesia that may enhanced penetration within the halal ecosystem
serve as new locations for the establishment of Sharia (Islamic organisations).
Branch Offices, while taking into account the provisions set 2. Driving higher profitability and customer growth
out in Financial Services Authority Regulation Number 12 through market expansion and the development of
of 2023 concerning Sharia Business Units. This regulation the mass banking segment using mass mortgage and
is grounded in the spirit of synergy, which is also applied mass funding business models tailored to customer
to Islamic Commercial Banks. With this underlying needs.
principle of synergy, the Bank will be provided with greater 3. Strengthening customer penetration across all
flexibility in expanding its Sharia Branch Office and Sharia Maybank Indonesia entities by increasing new
Sub Branch Office network while utilising the branch customer acquisition through Sharia Wealth
office infrastructure of Conventional Commercial Banks, Management solutions, expanding acquisition in the
provided that both the Conventional Commercial Bank premier, privilege, mass banking, payroll, community,
and the Sharia Business Unit have development plans to and non retail segments, continuing Sharia Wealth
expand the reach of Sharia based financial services. Management campaigns and programs, improving
sales productivity, and strengthening market
The strategy to establish Sharia Branch Offices also penetration through payroll services and ecosystem
reflects the presence of Maybank Indonesia Sharia based business models for mass banking funding
Business Unit and aims to enhance public awareness that customers.
Maybank Indonesia Sharia Business Unit offers innovative 4. Delivering Bank as a Service (BaaS) and other new
and competitive Sharia financial products and services to solutions tailored to customer needs by expanding
meet the needs of local communities. large scale customer acquisition and enhancing the
Bank’s systems to support mass account opening
processes both online and offline, in order to facilitate
customer acquisition through ecosystem and
community based channels.
AWARDS RECEIVED
During 2025, Maybank Indonesia UUS received the following awards:
No Event Category
1 Asian Banking & Finance - Retail Banking Awards 2025 Most Innovative Islamic Bank
2 ABF Retail Banking Awards 2025 Islamic Banking Initiative of the Year
3 Infobank 14 Sharia Awards 2025
th
The Excellence Performance Banking Sharia Business Unit 2025
Indonesia's Best Trade Finance Deal 2025 for its work with PT
4 Euromoney London
Semen Indonesia (Persero) Tbk
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SHARIA SUPERVISORY BOARD (SSB)
The number, criteria, dual positions, and duties and responsibilities of SSB Maybank Indonesia SBU are in accordance
with the provisions on GCG and Sharia Business Unit.
Number and Composition of SSB
In 2025, the composition of SSB members is 3 (three) people and one of them is appointed as Chairman with the
following composition::
No. Name Position GMS Approval Term of Office
1 Dr. KH. M. Saad Ih MA Chairman Minutes of the Annual General Meeting AGMS 2027
of Shareholders of PT Bank Maybank
Indonesia Tbk. Number 95 dated 27
September 2024
2 Dr. KH. Sodikun M.Si, M.E. Member Minutes of the Annual General Meeting AGMS 2027
of Shareholders of PT Bank Maybank
Indonesia Tbk. Number 31 dated
23 October 2024
3 Prof. Dr. H. Ahmad Satori Ismail M.A. Member Minutes of the Annual General Meeting AGMS 2027
of Shareholders of PT Bank Maybank
Indonesia Tbk. Number 23 dated
18 December 2024
SSB Profies
Dr. KH. M. Saad Ih MA
CHAIRMAN OF THE SHARIAH SUPERVISORY BOARD (DPS)
Age Nationality
71 years old Indonesia
Gender Domicile
Male Jakarta, Indonesia
Appointed as the Chairman of the Shariah Supervisory Board (DPS) of PT Bank Maybank Indonesia, Tbk based on the decision of the
Extraordinary General Meeting of Shareholders (RUPSLB) on 27 September 2024.
Experience
He currently serves as Chairman of the Central Executive Board of Muhammadiyah overseeing Dawah, Pesantren, Hajj, and Umrah
since November 2022. Outside Muhammadiyah, he serves as Vice Chairman of the Advisory Council of the Indonesian Ulema Council
(2025–2030). Previously, he served as a member of the Sharia Supervisory Board at Bank Jatim (April 2020 - April 2023) and as Vice
Chairman of the Advisory Board of the Indonesian Ulema Council (MUI) of East Java (2020–2025).
In the academic field, he was Vice Rector IV at UIN Malang (January 2008–January 2009) and Director of Postgraduate Studies at UIN
Malang (July 2005–July 2007).
Qualification
He completed his Bachelor’s degree (S1) at the Faculty of Sharia at IAIN Sunan Ampel Surabaya in 1983. He later worked on his Master’s
degree (S2) in Islamic Studies at IAIN Syarif Hidayatullah Jakarta, which he completed in 1990. Later in 1997, he earned his Doctorate
(S3) at the State Islamic Institute Syarif Hidayatullah Jakarta.
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Dr. KH. Sodikun M.Si, M.E.
MEMBER OF THE SHARIAH SUPERVISORY BOARD (DPS)
Age Nationality
65 years old Indonesia
Gender Domicile
Male Jakarta, Indonesia
Appointed as a member of the Shariah Supervisory Board (DPS) of Maybank Indonesia based on the decision of the Annual General
Meeting of Shareholders (RUPST) of Maybank Indonesia on 1 April 2024.
Experience
He has extensive experience in the field of Sharia supervision. Since 2019, he has served as a member of the Sharia Supervisory
Board at PT Maybank Indonesia Finance, Jakarta. He also serves as Chairman of the Sharia Supervisory Board at Astra Life Syariah,
Jakarta. Between 2014 and 2017, he served as Chairman of the Sharia Supervisory Board at Bank Sumsel Babel Syariah, Palembang.
Previously, he served as one of the Chairmen of the Indonesian Ulema Council (2020–2025). He currently serves as Vice Secretary of the
Indonesian Ulema Council (2025–2030).
In academic field, he has contributed as a lecturer in the undergraduate program at the Graduate School of Universitas Gunadarma
since 2020 and is actively involved as a speaker and instructor in various academic forums. He has also taught at several other
institutions, including STISIPOL Palembang from (2015- 2017) and STAN Prodip Palembang from (2012-2017), where he also served as
Coordinator of Islamic Affairs.
Qualification
He completed his Bachelor’s degree (S1) in 2008 at IAIN Raden Fatah Palembang with a major in Comparative Religion. He then pursued
a Master’s degree (S2) in 2009 at STISIPOL Candradimuka, Palembang, focusing on Public Administration. In 2022, he completed a
Master’s program at Ibn Khaldun University, Bogor, with a concentration in Shariah Economics.
In 2020, he continued his studies to the Doctoral level (S3) at Sahid University, Jakarta, with a program in Communication Science.
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Prof. Dr. H. Ahmad Satori Ismail M.A.
MEMBER OF THE SHARIAH SUPERVISORY BOARD (DPS)
Age Nationality
70 years old Indonesia
Gender Domicile
Male Jakarta, Indonesia
Appointed as a Member of the Shariah Supervisory Board (DPS) of PT Bank Maybank Indonesia, Tbk based on the decision of the
Extraordinary General Meeting of Shareholders (RUPSLB) on 27 September 2024.
Experience
He currently serves as a lecturer at Universitas Islam As-Syafiiyah. Previously, he served as a Professor at UIN Syarif Hidayatullah Jakarta
(State Islamic University) and as a lecturer in the postgraduate program at UIN Jakarta. In addition, he has served as Director of the
Postgraduate Program at Universitas Islam As-Syafi’iyah Jakarta. He has played an active role in the development of higher education
in the field of Islamic studies.
He currently also serves as a member of the Sharia Supervisory Board at DAPEN BI IP since June 2021 and at Bank Mega Syariah since
August 2004. In the field of dawah, he is recognised as an Indonesian mubaligh who actively contributes to the dissemination of Islamic
knowledge.
He had extensive organisational experience, including a position of General Chairman of IKADI from July 2002 to July 2021, and since
September 2021, he has been the Chairman of the IKADI Shura Council. He has also been a Member of the Board of Trustees of the
Khusnul Khotimah Foundation in Kuningan since July 1994 and the Chairman of the Board of Trustees of the Al Hasan Foundation in
Bekasi since May 2005.
At the Indonesian Ulema Council (MUI), he served as the Deputy Chairman of the Da’wah Commission from May 2010 to April 2015,
and as a Member of the Fatwa Commission of MUI from May 2015 to April 2020. Since April 2010, he has also been a Full Member of the
National Shariah Council of MUI (DSN-MUI).
Qualification
He began his higher education by obtaining an Associate Degree at IAIN Sunan Gunung Djati Cirebon in 1977, majoring in Tarbiyah/
Arabic Language. He pursued further study to complete a Bachelor’s degree at IAIN Sunan Gunung Djati Bandung, which he earned n
1981, majoring in the field, Tarbiyah/Arabic Language.
In 1985, he continued his studies abroad and earned a Licentiate degree at Al Azhar University in Cairo, Egypt, majoring in Tafsir.
Subsequently, in 1987, he completed his Doctorate (S3) at Al Minya University in Egypt, in the Faculty of Arts/Arabic Language.
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Concurrent Position as SSB
In accordance with the provisions regarding concurrent positions of SSB, SSB members may hold concurrent positions
as SSB members in a maximum of 4 (four) other Shariah Financial Institutions.
The concurrent positions of SSB members of Maybank Indonesia SBU in 2025 are as follows:
No. Name Position Company
1 Dr. KH. M. Saad Ih MA - -
2 Dr. KH. Sodikun M.Si, M.E. Chairman of SSB Asuransi Astra Life (UUS)
Member of SSB Maybank Finance
3 Prof. Dr. H. Ahmad Satori Ismail M.A. Member of SSB Bank Mega Syariah
Member of SSB Dapen BI IP
Duties and Responsibilities of SSB Services Authority regulations concerning
The SSB is responsible for providing advice and Islamic commercial banks, as well as recovery
recommendations to the Director overseeing the Sharia action plans and follow up action plans as
Business Unit and for supervising the activities of Maybank referred to in Financial Services Authority
Indonesia Sharia Business Unit to ensure compliance regulations concerning the determination of
with Sharia principles. Meetings between the SSB and supervisory status and the handling of banking
the Director are scheduled as needed, where one of the problems; and
meeting agendas includes updates on the activities and 4) issuing opinions on the development of
outcomes of SSB meetings. new products as regulated in Financial
Services Authority regulations concerning the
The duties and responsibilities of the SSB include, among implementation of commercial bank products,
others, the following: including:
1. The SSB is responsible for supervising the Bank’s i. compliance with the fatwas issued by the
policies and the management conducted by the DSN MUI;
Board of Directors to ensure compliance with Sharia ii. standard operating procedures for new
Principles and is accountable for such supervision, Bank products; and or
as well as providing advice to the Board of Directors, iii. the results of the review of the contract
including issuing Sharia opinions regarding the Bank’s concept, agreements, or application forms
activities, which include: for new Bank products.
a) Supervision of the policies and management c) providing consultation services and opinions
conducted by the Board of Directors to ensure to the Sharia compliance function, Sharia risk
compliance with Sharia Principles, including at management function, and Sharia internal audit
least: function;
1) evaluating the Bank’s policies and procedures d) providing opinions regarding the fulfillment of
to ensure compliance with Sharia Principles; Sharia Principles to committees supporting the
2) reviewing the Bank’s operations to ensure implementation of the duties of the Board of
compliance with Sharia Principles; and Commissioners; and
3) directing, monitoring, and evaluating the e) coordinating with the relevant fatwa authorities
implementation of Sharia Governance, and or regulators when necessary.
including the integrated implementation of 2. The SSB may perform other duties in accordance with
Sharia compliance, Sharia risk management, its competence, such as participating in the provision
and Sharia internal audit. of training on Sharia financing contracts together
b) Providing advice, including Sharia opinions, to the with the function responsible for employee training
Board of Directors, including at least: within the Bank, provided that such involvement does
1) providing recommendations regarding the not cause the members concerned to neglect the
fulfillment of Sharia Principles based on the execution of their primary duties and responsibilities
results of SSB supervision; as members of the SSB.
2) issuing opinions; 3. The SSB is required to carry out its duties and
3) issuing opinions on strategic matters and or responsibilities in accordance with the Sharia
matters required under prevailing regulations Governance framework and the principles of good
to ensure that they do not contradict Sharia governance.
Principles, including the implementation of 4. The SSB is required to perform its duties, authorities,
banking synergy as referred to in Financial and responsibilities in the best interest of the Bank and
in good faith.
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5. In conducting its supervisory function, the SSB in order to obtain the SSB’s opinion, views, and or
is required to direct, monitor, and evaluate the approval.
implementation of Sharia Governance, including 13. Where formal approval of the SSB is required, the
the integrated implementation of Sharia risk Sharia Advisory and Assurance unit will submit a
management, Sharia compliance, and Sharia internal written request for the SSB’s opinion, views, and
audit, as well as the Bank’s strategic policies related to or approval to obtain formal approval, which will
the implementation of Sharia Principles, in accordance subsequently be delivered to the relevant parties
with prevailing laws and regulations, the Articles of no later than one month after approval has been
Association, and or resolutions of the General Meeting obtained from all SSB members.
of Shareholders. 14. The SSB may provide formal approval through
6. The SSB receives and exercises the authorities electronic approval media such as corporate email
delegated and or granted to the SSB in accordance and or through wet signatures.
with applicable laws and regulations, the Articles of 15. In the event that the position of Chairman of the SSB
Association, and or resolutions of the General Meeting becomes vacant and a successor has not yet been
of Shareholders. appointed or has not yet assumed office, one of the
7. The SSB is required to supervise the follow up actions SSB members appointed by an SSB meeting shall
taken by the Board of Directors on audit findings or perform the duties of the Chairman of the SSB. The
examination results and recommendations from the appointed member shall have the same authority and
Bank’s Internal Audit Unit, external auditors, supervisory responsibilities as the Chairman of the SSB.
findings of the Financial Services Authority, and or
the results of supervision by other authorities and In order to carry out its duties and responsibilities
institutions related to the implementation of Sharia as mentioned above, the SSB is authorised to do the
Principles. following::
8. The Bank is required to have adequate supporting a. Examine and request explanations from authorised
functions for the SSB to support the execution of officials of Maybank and Maybank Indonesia SBU
its duties and responsibilities, including functions regarding the objectives, characteristics, SOP policies
responsible for secretariat support, Sharia research, and contracts used in products and financial activities
and Sharia development. in Maybank Indonesia SBU.
9. The SSB is required to actively supervise the Bank’s risk b. Review and provide recommendations on policies,
management by: systems, SOPs, products related to Sharia principles
a) conducting an evaluation or review of Risk and contracts issued by Maybank Indonesia SBU.
Management policies related to the fulfillment of c. Conduct inspection, observation, request for
Sharia Principles at least once a year; and information and/or confirmation to employees
b) evaluating the accountability of the Board of Maybank and/or Maybank Indonesia SBU and/
of Directors for the implementation of Risk or Customers to strengthen the results of the
Management policies related to the fulfillment of examination.
Sharia Principles at least on a quarterly basis. d. Request all necessary data and information from the
Director in charge of Maybank Indonesia SBU in order
In carrying out the reviews referred to in points a and to perform its duties.
b, the SSB may provide written authorisation in the
form of a mandate letter to the Sharia Advisory and The duties and responsibilities of SSB are outlined in the
Assurance unit to assist in conducting the review. SGF and SCP as guidelines for the implementation of
10. To support the implementation of Sharia Governance their duties and responsibilities. The implementation of
across all organisational levels, the SSB may serve as SSB duties and responsibilities is assisted by the Shariah
a member of committees supporting the duties of the Advisory & Assurance work unit which is tasked with
Board of Commissioners. managing the implementation of SSB meetings/meetings,
11. In the event that a committee under the Board of administering DPS requests and opinion results as well as
Commissioners does not include members of the SSB, the obligation to report the results of SSB supervision to
the committee is required to obtain the opinion of the OJK.
SSB in any discussion related to Sharia Principles.
12. If the Chairman of the SSB is unable to perform his During 2025, SSB has supervised and provided advice,
duties, one of the SSB members shall be appointed to suggestions, opinions on products and activities of
represent the SSB as the primary contact for the Bank, Maybank Indonesia SBU to always be in accordance with
represented by the Sharia Advisory and Assurance Sharia principles as reflected in several series of Sharia
function, in handling and responding to material Supervisory Board Meetings below.
Sharia related matters arising in daily operations. The
appointed member is responsible for coordinating and
communicating such matters to other SSB members
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Work Programme and Activities of SSB
During 2025, SSB carried out activities in accordance with its duties and responsibilities. This can be seen through the
work programme and its realisation as follows:
No. Work Program Realisation
1 Assess and ensure compliance with Sharia Principles on SSB assisted by Shariah Advisory & Assurance unit assesses
operational guidelines and products issued by Maybank and ensures all policies and SOPs and products issued are in
Indonesia SBU. accordance with Sharia principles
2 Supervise the new product development process of Maybank Every time there is a new product development, SSB asked the
Indonesia SBU to comply with the DSN – MUI fatwa. relevant work unit to present and explain details and ask for
an opinion from SSB.
3 Request a fatwa from the National Sharia Council – SSB did not ask DSN-MUI for a fatwa for new products,
Indonesian Ulama Council (DSN-MUI) for the new product of considering that the products issued by the Bank are in
Maybank Indonesia SBU for which there is no fatwa. accordance with the existing fatwa.
4 Conduct periodic reviews on the fulfillment of Sharia Principles SSB, accompanied by the Shariah Advisory & Assurance
on the mechanism of fund collection and distribution of funds Unit, in 2025 has conducted periodic reviews of Maybank
as well as the services of Maybank Indonesia SBU. Syariah Branch Offices and Syariah Services on-site, including
the Yogyakarta, Solo, Banjarmasin, Banjarbaru, Aceh, and
Makassar branch or desktop review
5 Request data and information related to Sharia aspects In carrying out its duties, SSB actively requested data and
from the Maybank Indonesia SBU work unit in the context of information related to Sharia aspects assisted by the Shariah
carrying out their duties. Advisory & Assurance unit.
6 Delivering the results of supervision as outlined in the SSB SSB has reported the results of its supervision on a semi-
Supervision Report on a semester basis. annual basis to the OJK with copies to the SBU Board of
Commissioners and Directors.
7 Always carry out an analysis of new products and services Throughout 2025, SSB has issued 20 opinions regarding Sharia
in the form of a SSB Opinion in which the suitability of the products and business activities.
products and services to be launched with the DSN-MUI Fatwa
is conveyed.
8 Hold SSB meeting at least 1 (one) time in 1 (one) month. During 2025, SSB has held 23 meetings scheduled every
Thursday and or other days according to the availability of
SSB time.
SSB Independence
All members of the SSB have signed a statement declaring that they do not have any financial relationship,
management relationship, share ownership, and or family relationship up to the second degree with members of the
Board of Commissioners, the Board of Directors, and or controlling shareholders, nor any relationship with the Bank
that may affect their ability to act independently, as referred to in the provisions concerning the implementation of
governance for commercial banks.
SSB Affiliate Relationship
SSB has no affiliate relationships, either family or financial, with fellow members of the Board of Commissioners, Board of
Directors, and Major/Controlling Shareholders.
Family Relationship with Financial Relationship with
Name BoC BoD PSP BoC BoD PSP
Yes No Yes No Yes No Yes No Yes No Yes No
Dr. KH. Sodikun M.Si, M.E. - √ - √ - √ - √ - √ - √
Dr. KH. M. Saad Ih MA - √ - √ - √ - √ - √ - √
Prof. Dr. H. Ahmad - √ - √ - √ - √ - √ - √
Satori Ismail M.A.
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Frequency of Meetings and Attendance Rate of the Shariah Supervisory Board (DPS)
The total number of DPS meetings held in 2025 is 23 meetings, with the attendance rate of DPS members as follows::
Total Attendance
Name % Attendance
Online Offline
Dr. KH. M. Saad Ih MA 15 8 100%
Dr. KH. Sodikun M.Si, M.E. 14 8 96%
Prof. Dr. H. Ahmad Satori Ismail M.A. 15 8 100%
SSB meetings are held offline and online through teleconference media. The SSB meeting agenda discusses, among
others, requests for SSB opinion from Maybank Indonesia SBU business units, other work units, as well as with Maybank
Management. SSB meeting minutes are also well documented and administered in accordance with applicable
regulations.
SSB Supervisory Report
In accordance with its duties and responsibilities as stated in SGF, SSB oversees the activities of Maybank Indonesia
SBU to ensure the products and services offered adhere to shariah principles. SSB examines Maybank Indonesia SBU
activities once in every semester and attach the results in its oversight Report to OJK.
SSB Remuneration
The remuneration and other facilities policy is determined at the General Meeting of Shareholders (GMS), including
remuneration and other facilities.
The total remuneration paid to the SSB during 2025 amounted to Rp2,064 million.
Amount Received in 1 Year
No Type of Remuneration and Other Benefits
Persons Million Rupiah
1. Remuneration 4* 1,851
2. Other Benefits 3
a. Ownable a. 213
b. Non Ownable b. -
TOTAL - 2,064
Above IDR 500 million up to IDR 1 billion Total of SSB Members
Above Rp2 billion -
Above Rp1 billion up to IDR 2 billion -
Above Rp500 million up to IDR 1 billion 3
Rp500 million and below 1*
* One SSB member’s term of assignment ended on 10 January 2025
** Received in the form of financial compensation (non in kind)
SSB Share Ownership
As of 31 December 2025:
• There is no share ownership, either directly or indirectly, by members of the SSB in Maybank Indonesia, its
subsidiaries, or entities within the group affiliated with the Company.
• The share ownership data of SSB members exceeding 5% in any public company and non-public company are as
follows:
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Public Company/
Number of
No. Name Share Ownership Non-Public Company Name
Shares
Company
1 Dr. KH. M. Saad Ih MA No - - -
2 Dr. KH. Sodikun M.Si, M.E. No - - -
3 Prof. Dr. H. Ahmad Satori Ismail M.A. No - - -
SHARIA RISK MANAGEMENT FUNCTION, SHARIA COMPLIANCE, SHARIA INTERNAL AUDIT, AND
EXTERNAL AUDIT
The implementation of the Sharia risk management, Sharia compliance, and Sharia internal audit functions at Maybank
Indonesia Sharia Business Unit is carried out through a leverage model, whereby these functions are performed by the
Risk Management Unit, the Compliance Unit, and the Internal Audit Unit.
The risk management function conducts identification, measurement, monitoring, and control of risks related to non
compliance with Sharia Principles in the Bank’s Sharia business activities. These activities refer, among others, to Sharia
parameters within the SCP and policies established by the Risk Management Unit. The process of risk identification
and measurement is carried out using methodologies appropriate for Islamic banking concepts, including periodic
assessments of the risk profile of the Sharia Business Unit (SBU) which are submitted to the Financial Services Authority
(OJK). The assessment covers ten types of risk, namely credit risk, market risk, liquidity risk, operational risk, legal risk,
strategic risk, reputational risk, and compliance risk, including risks specific to Islamic banking such as rate of return risk
and investment risk. The risk profile report is also presented regularly to the SSB in each reporting period.
The Sharia compliance function performs monitoring, review, and mitigation of potential risks of non compliance with
regulations governing the Bank’s Sharia business activities. The implementation of the duties and responsibilities of
the compliance function is reported to the SSB periodically through the Report on the Implementation of Duties and
Responsibilities of the Compliance Function prepared by the Compliance Unit.
On a periodic basis, the Sharia internal audit function conducts reviews of the implementation of the SGF and ensures
that the processes and reporting of the Sharia risk management and Sharia compliance functions are carried out
properly. The Sharia internal audit function also ensures that the implementation of policies and procedures related to
Sharia products and services is properly conducted, including the completion and documentation of transaction forms
and documents for Sharia products in accordance with the relevant standard operating procedures (SOP). The results
of the Sharia internal audit are discussed with the Maybank Sharia Business Unit prior to being submitted to the Audit
Committee and the SSB.
An external review of Sharia Governance was not conducted in 2025.
TRANSPARENCY OF FINANCIAL AND NON-FINANCIAL CONDITIONS
Internal Fraud and Efforts to Resolve
During 2025, there were no internal frauds at Maybank Indonesia SBU.
Number of Cases Conducted by
Internal Fraud Board of Commissioners/ Non-permanent
Permanent Employee
(in 1 year) Board of Directors Employee
2024 2025 2024 2025 2024 2025
Total fraud None None None None None None
Has been settled - - - - - -
In settlement process at SBU internal - - - - - -
Settlement has not been attempted - - - - - -
Have been followed up by legal process - - - - - -
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06 / G O O D C O R P O R A T E G O V E R N A N C E
Legal Issues
The civil and criminal law issues faced by Maybank Indonesia SBU during the period 2025 are as follows:
Total
No. Legal Issues
Civil Criminal
1 Completed (has had permanent legal status) 9 0
2 In completion process 3 0
TOTAL 12 0
Distribution of Funds for Social Activities and Use of Throughout 2025, the benevolent funds of Maybank
Benevolent Funds Indonesia SBU have been distributed through various
Maybank Indonesia SBU realises that success in carrying partner institutions. Some of the flagship programs for the
out business activities cannot be separated from the distribution of benevolent funds during the year are as
support of all stakeholders. On an ongoing basis, Maybank follows:
Indonesia SBU continues to carry out social functions, both 1. Assistance for Worship Facilities and Infrastructure,
in the form of direct contributions to community activities including the construction and renovation of mosques,
and environmental development. prayer rooms (musala), Islamic boarding schools
(pesantren), dormitories, and educational facilities,
This social function is realised through the Benevolent such as at Tahfidzul Quran Al Abrary Foundation,
Fund Management Unit (UPDK), which operates in Ahsanul Quran Cendekia Foundation Bogor,
accordance with the provisions of the Fatwa of the Syafaatul Quran Education Foundation, Madinatur
National Sharia Council of the Indonesian Ulema Council Rahmah Islamic Boarding School, Muslim Character
(DSN MUI). In its implementation, Maybank Indonesia Foundation, Nurul Jihad Mosque Menteng Atas, Al
UUS establishes coordination and cooperation (mutual Ikhlas Prayer Room Cilacap, Bina Nurul Fikri Foundation
partnership) with Maybank Indonesia and stakeholders to Yogyakarta, SDTQ Imam Syafii Jakarta, Istiqomah
support social programs, community empowerment, and Ilmu Amal Foundation, Jami Al Ikhlas Mosque, Muslim
environmental protection. Cendekia Madani Foundation Bogor, as well as
infrastructure repairs and asphalt paving in Blebaan
The benevolent fund distribution program of Maybank Hamlet, Nglumpang Village, Ponorogo Regency.
Indonesia SBU itself focuses on five sectors, namely: 2. Productive Economic Empowerment Program,
1. Development of Infrastructure, Educational Facilities & including Mosque Go Digital training in collaboration
Places of Worship; with Bersama Beramal Sholeh Foundation, agricultural
2. Economic Empowerment of the underprivileged business assistance for Insan Mandiri Bercahaya
Community, supporting community-based small Foundation, empowerment of Nusadaya MSMEs
businesses that adopt sustainable business practices. with Dompet Dhuafa Republika Foundation, MSME
3. Education (Development of Outstanding and Poor assistance and Shariah financial literacy through
Human Resources), particularly the development Karya Salemba Empat Foundation, Empowered
of competitive underprivileged human resources to MSME Program with Langkah Maju Peduli Foundation,
create a long-term impact for future generations. Jaga Harapan Program with Salam Setara Amanah
4. Compensation/Humanitarian Assistance, and other Nusantara Foundation, and assistance for poultry
Social Activities, including support for disaster victims slaughterhouse support equipment for Bahrul
with a focus on rebuilding aspects. Maghfiroh Cinta Indonesia Foundation.
5. Islamic Financial Literacy to enhance financial 3. Educational Scholarship Assistance, distributed
inclusion in line with Shariah principles and through Lazismu Baitul Maal Khairu Ummah,
sustainability. Muhammadiyah University Mamuju, SMA
Muhammadiyah 1 Gresik, Muhammadiyah Polytechnic
Makassar, Education Aid International Foundation, Al
Fatih Foundation Bintaro, SD Muhammadiyah Taman
1 and 2, SD Al Hidayah I Jakarta, Modern Islamic
Boarding School Nurul Ikhlas Padang, and Leadership
House of Bina Nurul Fikri Foundation.
674 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
4. Clean Water and Sanitation Assistance, in the form Through these various programs, Maybank Indonesia SBU
of clean water distillation equipment in collaboration is committed not only to meeting the social needs of the
with Muhammadiyah University Purwokerto, community but also to creating a long-term impact that
Muhammadiyah University Kudus, and Beramal aligns with sustainability principles and Shariah values.
Sholeh Indonesia Foundation, as well as water
source programs and the construction of communal
REPORT OF SOURCES AND DISTRIBUTION OF
sanitation facilities (MCK) in the Kalimantan region ZAKAT & WAQF FUNDS SHARIA BUSINESS UNIT
with Rumah Wakaf Indonesia Foundation. PT BANK MAYBANK INDONESIA TBK
5. Assistance for Orphans, implemented across 17 Period: 31 December 2025 and 31 December 2024
Shariah Branch Offices (KCS) and 3 Shariah Sub-
(in million)
Branch Offices (KCPS) of Maybank Indonesia, in
collaboration with various institutions, including December December
No. Description
2025 2024
BAZNAS, Lazismu, Baitul Maal Hidayatullah Foundation,
Beramal Sholeh Indonesia Foundation, Rumah Yatim A. Sumber dan Penyaluran Dana Zakat
Arrohman Indonesia Foundation, and other partners. 1. Reception of zakat funds originating from:
6. Eid al-Adha Sacrificial Animal Assistance, distributed
a. SBU Internal 843,430 655,788
across 17 KCS and 3 KCPS of Maybank Indonesia
in collaboration with BAZNAS, Lazismu, Baitul Maal b. External of SBU 851 -
Hidayatullah Foundation, Sasana Bina Satria c. Profit Sharing Income 41 61
Foundation, Dompet Sosial Madani, Nurul Hayat
TOTAL RECEPTION 844,322 655,849
Surabaya, MPM PP Muhammadiyah, and various other
partner institutions. 2. Distribution of Zakat Funds to Zakat Management Entities:
7. Sharia Financial Literacy Program, conducted a. Amil Zakat Institution - -
at several universities and institutions, including
b. Amil Zakat Agency 825,011 647,627
Muhammadiyah University Palembang,
Muhammadiyah University Sidoarjo, Cendekia c. Tax Revenue Sharing - 12
Abditama University, Hidayatullah School Depok, d. Others 8 25
DPW Syarikat Islam, Leadership House of Bina Nurul
TOTAL RECEPTION 825,019 647,664
Fikri Foundation, PT Argha Karya Prima, Indonesian
Women’s Islamic Consultative Body (BMIWI), and B. Source and Distribution of Waqf Funds
Cahaya Al Fatih Nusantara Foundation.
1. Receipt of Waqf funds originating from:
In addition, since 2019, PT Bank Maybank Indonesia Tbk a. SBU Internal - -
has officially been designated as a Zakat Collection Unit b. External of SBU - -
(UPZ) of BAZNAS based on the Decree of the Chairman
TOTAL RECEPTION - -
of the National Amil Zakat Agency Number 56 of
2019. This designation is expected to support a more 2. Distribution of Waqf funds management entities
transparent and accountable management of zakat a. Indonesia Waqf Agency - -
funds in accordance with Shariah principles and good
b. Other Nadzir - -
governance.
c. Others - -
During 2025, all of Maybank Indonesia’s employee zakat TOTAL DISPENSING - -
was channeled through BAZNAS, with a total distribution
amounting to Rp825,011,237. The zakat distribution was
allocated into five sectors: social, health, education,
da’wah (outreach), and economy. One of the programs
proposed by Maybank UPZ to BAZNAS was disaster relief
assistance in the regions of Aceh, North Sumatra, and
West Sumatra, with a total value of Rp220 million. This was
realised through the provision of public kitchens, ready-
to-eat meals, clean water, and the distribution of basic
food packages (sembako).
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 675
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06 / G O O D C O R P O R A T E G O V E R N A N C E
REPORT OF SOURCES AND USE OF VIRTUAL FUNDS Other Reports
PT BANK MAYBANK INDONESIA TBK In terms of reporting, Maybank Indonesia SBU has been
SHARIA BUSINESS UNIT
supported by a reliable management information system
Period : 31 December 2025 and 31 December 2024
and competent human resources, and has an adequate
(In Million) IT security system hence SBU information is available
accurately and on time.
December December
No. Description
2025 2024
Maybank Indonesia SBU has published its Quarterly
1. Beginning Balance of the 6,836 4,167
Benevolent Fund (beginning Financial Statements in accordance with the prevailing
of the year) regulations, as follows:
2. Reception of the Fund of a. The Quarter I 2025 Financial Statements were
Benevolence published on the website of PT Bank Maybank
a. Infaq and alms - - Indonesia Tbk on 30 April 2025.
b. The Quarter II 2025 Financial Statements were
b. Productive Benevolence 5,000 -
Fund Refund published on the website of PT Bank Maybank
Indonesia Tbk on 30 July 2025.
c. Penalties 4,752 6,060
c. The Quarter III 2025 Financial Statements were
d. Non-Halal Reception - - published on the website of PT Bank Maybank
e. Others - - Indonesia Tbk on 31 October 2025.
d. The Quarter IV 2025 Financial Statements were
TOTAL RECEPTION 9,752 6,060
published on the website of PT Bank Maybank
3. Use of Benevolence Virtue Indonesia Tbk on 26 February 2026.
a. Fund of Benevolence Virtue - -
GCG SELF ASSESSMENT RESULTS
b. Donation 3,257
4,569 In accordance with Financial Services Authority Regulation
Number 2 of 2024 concerning the Implementation
c. Other Uses for Public 1,150 134
Interest of Sharia Governance for Islamic Commercial Banks
and Sharia Business Units dated 16 February 2024, the
TOTAL USES 5,719 3,391
results of the self assessment of Sharia Governance
4. Increase (Decrease) of the 4,033 2,669 implementation constitute an integral part of the report
Benevolence Fund
on governance implementation as stipulated in the
5. Ending Balance of the 10,869 6,836 Financial Services Authority regulation concerning
Benevolence Fund
governance for commercial banks.
Regarding non-halal revenues, during the 2025 period, Based on the results of the self assessment of governance
Maybank Indonesia SBU accepted non-halal revenues implementation of PT Bank Maybank Indonesia Tbk for the
amounting to Rp25,237, which originated from BRI’s nostro second semester of 2025, the Bank obtained a rating of 2,
interest. categorised as GOOD.
676 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 06 / G O O D C O R P O R A T E G O V E R N A N C E
APPROVAL SHEET
PT BANK MAYBANK INDONESIA TBK
DIRECTOR
ROMY HARDIANSYAH
SBU Director
SHARIAH SUPERVISORY BOARD
DR. KH. M. SAAD IH M.A. PROF. DR. H. AHMAD SATORI ISMAIL M.A. DR. KH. SODIKUN M.SI, M.E.
Chairman Member Member
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 677
Page 680
Corporate Social Responsibility More detailed information about Maybank Indonesia's Social and Environmental Responsibility (TJSL) programs can be found in the Maybank Indonesia Sustainability Report 2025, which is published separately yet concurrently with this annual report in line with SEOJK No. 16/SEOJK.04/2021 on the format and content of Annual Reports for Issuers or Public Companies. This report highlights the Bank's many sustainability initiatives and outlines its performance across economic, social, and environmental dimensions, including impact management, customer protection, employment practices, and community empowerment programs. The insights in this Annual Report, alongside those in the Maybank Indonesia Sustainability Report 2025, complement each other to provide a comprehensive view of the Bank's performance, strategy, and commitment to generating long-term value for stakeholders.
Page 681
RAIH PUNCAK TERTINGGI Capai semua impian dengan kelola keuangan via M2U ID App
Page 682
Page 683
Consolidated
Financial
Statements
2025
Page 684
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL
TANGGAL 31 DESEMBER 2025 STATEMENTS AS OF DECEMBER 31, 2025
DAN UNTUK TAHUN YANG BERAKHIR PADA AND FOR THE YEAR THEN
TANGGAN TERSEBUT BESERTA ENDED WITH INDEPENDENT
LAPORAN AUDITOR INDEPENDEN AUDITOR’S REPORT
Daftar Isi Table of Contents
Halaman/Pages
Consolidated Statement of
Laporan Posisi Keuangan Konsolidasian……………. …………… 1-4 …………………….……………………..Financial Position
Laporan Laba Rugi dan Penghasilan Consolidated Statement of Profit or Loss
Komprehensif Lain Konsolidasian............ ...................... 5-6 ….…..and Other Comprehensive Income
Laporan Perubahan Ekuitas Consolidated Statement of Changes in
Konsolidasian................................................................................ 7-8 ......................................................................... Equity
Laporan Arus Kas Konsolidasian……………………. …………………….. 9-10 ………Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan Notes to the Consolidated Financial
Konsolidasian…………………………………...……………………………………… 11-325 …………………………….…………………………Statements
***************************
Page 685
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The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 3/ 1/ II/ 2026
Pemegang Saham, Dewan Komisaris, dan Direksi The Shareholders, t he Board of Commissioners
PT Bank Maybank Indonesia Tbk. and Direct ors
PT Bank Maybank Indonesia Tbk.
Opini Opinion
Kami telah mengaudit laporan keuangan We have audited the accompanying consolidated
konsolidasian PT Bank Maybank Indonesia Tbk. financial statements of PT Bank Maybank Indonesia
(“ Bank” ) dan entitas anaknya (secara kolektif Tbk. (the “ Bank” ) and its subsidiaries (collectively
disebut sebagai “ Grup” ) terlampir, yang terdiri referred to as the “ Group” ), which comprise the
dari laporan posisi keuangan konsolidasian consolidated statement of financial position as of
tanggal 31 Desember 2025, serta laporan laba December 31, 2025, and the consolidated
rugi dan penghasilan komprehensif lain statement of profit or loss and other
konsolidasian, laporan perubahan ekuitas comprehensive income, consolidated statement of
konsolidasian, dan laporan arus kas konsolidasian changes in equity, and consolidated statement of
untuk tahun yang berakhir pada tanggal tersebut, cash flows for the year then ended, and notes to
serta catatan atas laporan keuangan the consolidated financial statements, including
konsolidasian, termasuk informasi kebijakan material accounting policy information.
akuntansi material.
Menurut opini kami, laporan keuangan In our opinion, the accompanying consolidated
konsolidasian terlampir menyajikan secara wajar, financial statements present fairly, in all material
dalam semua hal yang material, posisi keuangan respects, the consolidated financial position of the
konsolidasian Grup tanggal 31 Desember 2025, Group as of December 31, 2025, and its
serta kinerja keuangan dan arus kas consolidated financial performance and cash flows
konsolidasiannya untuk tahun yang berakhir pada for the year then ended, in accordance with
tanggal tersebut, sesuai dengan Standar Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia.
KAP Purwanto Susanti dan Surja i
Registered Public Accountants KMK No. 69/ MK/ SK/ 2025
A member firm of Ernst & Young Global Limited
Page 688
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Basis opini Basis for opinion
Kami melaksanakan audit kami berdasarkan We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut Standards on Auditing established by the
Akuntan Publik Indonesia (“ IAPI” ). Tanggung Indonesian Institute of Certified Public Accountants
jawab kami menurut standar tersebut diuraikan (“ IICPA” ). Our responsibilities under those
lebih lanjut dalam paragraf Tanggung Jawab standards are further described in the Auditor’s
Auditor terhadap Audit atas Laporan Keuangan Responsibilit ies for the Audit of the Consolidated
Konsolidasian pada laporan kami. Kami Financial St atements paragraph of our report.
independen terhadap Grup berdasarkan We are independent of the Group in accordance
ketentuan etika yang relevan dalam audit kami with the ethical requirements relevant to our
atas laporan keuangan konsolidasian di Indonesia, audit of the consolidated financial statements
dan kami telah memenuhi tanggung jawab etika in Indonesia, and we have fulfilled our other
lainnya berdasarkan ketentuan tersebut. Kami ethical responsibilities in accordance with such
yakin bahwa bukti audit yang telah kami peroleh requirements. We believe that the audit evidence
adalah cukup dan tepat untuk menyediakan suatu we have obt ained is sufficient and appropriate to
basis bagi opini kami. provide a basis for our opinion.
Hal audit ut ama Key audit mat t er
Hal audit utama adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal- professional judgment, were of most significance in
hal paling signifikan dalam audit kami atas laporan our audit of the consolidated financial statements
keuangan konsolidasian periode kini. Hal audit of the current period. Such key audit matters were
utama tersebut disampaikan dalam konteks audit addressed in the context of our audit of the
kami atas laporan keuangan konsolidasian secara consolidated financial statements taken as a whole
keseluruhan dan dalam merumuskan opini kami and in forming our opinion thereon, and we do not
atas laporan keuangan konsolidasian terkait, dan provide a separate opinion on such key audit
kami tidak menyatakan suatu opini terpisah atas matters. For the key audit matter below, our
hal audit utama tersebut. Untuk hal audit utama description of how our audit addressed such key
di bawah ini, penjelasan kami tentang bagaimana audit matter is provided in such context.
audit kami merespons hal tersebut disampaikan
dalam konteks tersebut.
ii
A member firm of Ernst & Young Global Limited
Page 689
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Hal audit ut ama (lanjut an) Key audit mat t er (cont inued)
Kami telah memenuhi tanggung jawab yang We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan Consolidated Financial Statements paragraph of
Konsolidasian pada laporan kami, termasuk our report, including in relation to the key audit
sehubungan dengan hal audit utama yang matter communicated below. Accordingly, our
dikomunikasikan di bawah ini. Oleh karena itu, audit included the performance of procedures
audit kami mencakup pelaksanaan prosedur yang designed to respond to our assessment of the risks
didesain untuk merespons penilaian kami atas of material misst atement of the accompanying
risiko kesalahan penyajian material dalam laporan consolidated financial statements. The results of
keuangan konsolidasian terlampir. Hasil prosedur our audit procedures, including the procedures
audit kami, termasuk prosedur yang dilakukan performed to address the key audit matter below,
untuk merespons hal audit utama di bawah ini, provide the basis for our opinion on the
menyediakan basis bagi opini kami atas laporan accompanying consolidated financial statements.
keuangan konsolidasian terlampir.
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses on loans and
yang diberikan dan piutang/ pembiayaan syariah sharia receivables/ financing and consumer
dan piutang pembiayaan konsumen financing receivables
Penjelasan atas hal audit utama: Description of key audit matter:
Seperti yang dijelaskan dalam Catatan 12 dan 13 As described in Note 12 and 13 to the
atas laporan keuangan konsolidasian, pada accompanying consolidated financial statements,
tanggal 31 Desember 2025, cadangan kerugian as of December 31, 2025, the allowance for
penurunan nilai atas kredit yang diberikan impairment losses on loans and sharia receivables/
dan piutang/ pembiayaan syariah dan piutang financing and consumer financing receivables was
pembiayaan konsumen adalah masing-masing Rp3,181,985 million and Rp126,843 million,
sebesar Rp3.181.985 juta dan Rp126.843 juta. respectively. The material accounting policy
Informasi kebijakan akuntansi material atas information of allowance on impairment losses are
cadangan kerugian penurunan nilai diungkapkan disclosed in Note 2 to the accompanying
dalam Catatan 2 dalam laporan keuangan consolidated financial statements.
konsolidasian terlampir.
Kami fokus pada area ini karena nilai tercatat We focused on this area because the carrying value
atas kredit yang diberikan dan piutang/ of loans and sharia receivables/ financing and
pembiayaan syariah dan piutang pembiayaan consumer financing receivables and the related
konsumen dan cadangan kerugian penurunan allowances are significant to the Group’s
nilai terkait adalah signifikan terhadap laporan accompanying consolidated financial statements.
keuangan konsolidasian Grup terlampir.
iii
A member firm of Ernst & Young Global Limited
Page 690
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Hal audit ut ama (lanjut an) Key audit mat t er (cont inued)
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses on loans and
yang diberikan dan piutang/ pembiayaan syariah sharia receivables/ financing and consumer
dan piutang pembiayaan konsumen (lanjutan) financing receivables (continued)
Penentuan cadangan kerugian penurunan nilai Determination of allowance for impairment losses
memerlukan pertimbangan dan memiliki requires judgement and is subject to estimation
ketidakpastian estimasi yang mencakup uncertainty which includes determining the model
penentuan model untuk menghitung cadangan to calculate allowance for impairment losses,
kerugian penurunan nilai, identifikasi eksposur identification of credit exposures with significant
kredit yang mengalami penurunan kualitas kredit deterioration in credit quality, and determining
yang signifikan, dan penentuan asumsi yang assumptions used in the allowance for impairment
digunakan dalam model perhitungan cadangan losses calculation models (for exposures assessed
kerugian penurunan nilai (untuk eksposur yang on an individual or collective basis), including
dinilai secara individu atau kolektif), termasuk forward-looking macroeconomics factors.
faktor ekonomi makro masa depan.
Respons audit: Audit response:
Kami menguji pengendalian utama atas We tested the key controls over the origination,
pemberian, segmentasi, penilaian kualitas kredit segmentation, regular internal credit quality
internal secara regular, pencatatan dan assessments, recording and monitoring of the
pengawasan kredit yang diberikan dan loans and sharia receivables/ financing and
piutang/ pembiayaan syariah dan piutang consumer financing receivables. We obtained
pembiayaan konsumen. Kami memeroleh understanding and assessed impairment
pemahaman dan menilai metodologi pengukuran measurement methodologies, validation of
penurunan nilai, validasi model cadangan allowance for impairment losses models, inputs,
kerugian penurunan nilai, dan data masukan, bases and assumptions used by the Group in
dasar dan asumsi yang digunakan oleh Grup dalam calculating the allowance for impairment losses,
menghitung cadangan kerugian penurunan nilai, and tested the classification into three stage credit
serta menguji tiga tahapan kualitas kredit quality of loan portfolios in accordance with staging
portofolio sesuai dengan kriteria tingkatan criteria developed by the Group for loans and
(staging) yang disusun oleh Grup untuk kredit consumer financing receivables. We tested
yang diberikan dan piutang pembiayaan whether historical experience is representative of
konsumen. Kami menguji apakah pengalaman current circumstances and of the recent losses
historis mewakili keadaan saat ini dan kerugian incurred in the portfolios, and assessed
terkini yang terjadi dalam portofolio, serta menilai reasonableness of forward-looking adjustments,
kewajaran atas penyesuaian asumsi masa depan, macroeconomic factor analysis, and probability-
analisis faktor ekonomi makro, dan beberapa weighted multiple scenarios for loans and
skenario probabilitas tertimbang untuk kredit yang consumer financing receivables.
diberikan dan piutang pembiayaan konsumen.
iv
A member firm of Ernst & Young Global Limited
Page 691
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Hal audit ut ama (lanjut an) Key audit mat t er (cont inued)
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses on loans and
yang diberikan dan piutang/ pembiayaan syariah sharia receivables/ financing and consumer
dan piutang pembiayaan konsumen (lanjutan) financing receivables (continued)
Respons audit: (lanjutan) Audit response: (continued)
Untuk cadangan kerugian penurunan nilai yang With respect to individually assessed allowance for
dinilai secara individual, kami menguji sampel impairment losses, we tested a sample of loans and
kredit yang diberikan dan piutang/ pembiayaan sharia receivables/ financing to evaluate the timely
syariah untuk mengevaluasi ketepatan waktu identification by the Group of exposures with
Grup dalam melakukan identifikasi eksposur yang significant deterioration in credit quality or those
mengalami penurunan kualitas kredit yang which have been impaired; for cases where
signifikan atau yang telah mengalami penurunan impairment has been identified, we assessed the
nilai; untuk kasus-kasus di mana penurunan nilai Group’s assumptions on the expected future cash
telah diidentifikasi, kami menilai asumsi Grup flows, including the value of realizable collateral
atas arus kas masa depan yang akan diterima, based on available market information or valuation
termasuk nilai agunan yang dapat direalisasikan prepared by independent valuer. We checked the
berdasarkan informasi pasar yang tersedia atau accuracy of the calculation of the allowance for
penilaian yang dilakukan oleh penilai independen. impairment losses amount by recalculating the
Kami memeriksa keakurasian perhitungan jumlah collective impairment assessment for the entire
cadangan kerugian penurunan nilai dengan portfolio and recalculating the individual
melakukan perhitungan ulang atas keseluruhan impairment assessment on a sample basis. We
portofolio yang penurunan nilainya dinilai secara assessed whether the financial statement
kolektif dan melakukan perhitungan ulang atas disclosures are adequately and appropriately
penurunan nilai yang dinilai secara individual reflecting the Group’s exposures to credit risk. We
berdasarkan sampel. Kami menilai apakah involved our auditors’ internal expert to assist us in
pengungkapan di laporan keuangan cukup dan the performance of the above procedures where
secara memadai mencerminkan eksposur Grup their specific expertise was required.
terhadap risiko kredit. Kami melibatkan pakar
auditor internal kami untuk membantu kami
dalam melakukan prosedur-prosedur di atas
ketika keahlian spesifik mereka diperlukan.
Informasi lain Ot her informat ion
Manajemen bertanggung jawab atas informasi Management is responsible for t he ot her
lain. Informasi lain terdiri dari informasi yang information. Other information comprises the
tercantum dalam Laporan Tahunan Tahun 2025 information included in the Annual Report Year
(“ Laporan Tahunan” ) selain laporan keuangan 2025 (the “ Annual Report” ) other than the
konsolidasian terlampir dan laporan auditor accompanying consolidated financial statements
independen kami. Laporan Tahunan diharapkan and our independent auditors’ report thereon. The
akan tersedia bagi kami setelah tanggal laporan Annual Report is expected to be made available to
auditor independen ini. us after the date of this independent auditors’
report.
v
A member firm of Ernst & Young Global Limited
Page 692
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Informasi lain (lanjut an) Ot her informat ion (cont inued)
Opini kami atas laporan keuangan konsolidasian Our opinion on the accompanying consolidated
terlampir tidak mencakup Laporan Tahunan, dan financial statements does not cover the Annual
oleh karena itu, kami tidak menyatakan bentuk Report, and accordingly, we do not express any
keyakinan apapun atas Laporan Tahunan form of assurance on the Annual Report.
tersebut.
Sehubungan dengan audit kami atas laporan In connection with our audit of the accompanying
keuangan konsolidasian terlampir, tanggung consolidated financial statements, our
jawab kami adalah untuk membaca Laporan responsibilit y is to read the Annual Report when it
Tahunan dan, dalam melaksanaannya, becomes available and, in doing so, consider
mempertimbangkan apakah Laporan Tahunan whether the Annual Report is materially
mengandung ketidakkonsistensian material inconsistent with the accompanying consolidated
dengan laporan keuangan konsolidasian financial statements or our knowledge obtained in
terlampir atau pemahaman yang kami peroleh the audit, or otherwise appears to be materially
selama audit, atau mengandung kesalahan misstated.
penyajian material.
Ketika kami membaca Laporan Tahunan, jika When we read the Annual Report, if we conclude
kami menyimpulkan bahwa terdapat suatu that there is a material misstatement therein, we
kesalahan penyajian material di dalamnya, kami are required to communicate the matter to those
diharuskan untuk mengomunikasikan hal charged with governance and take appropriate
tersebut kepada pihak yang bertanggung jawab actions based on the applicable laws and
atas tata kelola dan melakukan tindakan yang regulations.
tepat berdasarkan peraturan perundang-
undangan yang berlaku.
Tanggung jawab manajemen dan pihak yang Responsibilit ies of management and t hose
bert anggung jawab at as t at a kelola t erhadap charged wit h governance for t he consolidat ed
laporan keuangan konsolidasian financial st at ement s
Manajemen bertanggung jawab atas penyusunan Management is responsible for the preparation and
dan penyajian wajar laporan keuangan fair presentation of such consolidated financial
konsolidasian tersebut sesuai dengan Standar statements in accordance with Indonesian Financial
Akuntansi Keuangan di Indonesia, dan atas Accounting Standards, and for such internal
pengendalian internal yang dianggap perlu oleh control as management determines is necessary to
manajemen untuk memungkinkan penyusunan enable the preparation of consolidated financial
laporan keuangan konsolidasian yang bebas dari statements that are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error.
disebabkan oleh kecurangan maupun kesalahan.
vi
A member firm of Ernst & Young Global Limited
Page 693
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Tanggung jawab manajemen dan pihak yang Responsibilit ies of management and t hose
bert anggung jawab at as t at a kelola t erhadap charged wit h governance for t he consolidat ed
laporan keuangan konsolidasian (lanjut an) financial st at ement s (cont inued)
Dalam penyusunan laporan keuangan In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab management is responsible for assessing the
untuk menilai kemampuan Grup dalam Group’s ability to continue as a going concern,
mempertahankan kelangsungan usahanya, disclosing, as applicable, matters related to going
mengungkapkan, sesuai dengan kondisinya, concern, and using the going concern basis of
hal-hal yang berkaitan dengan kelangsungan accounting, unless management either intends to
usaha, dan menggunakan basis akuntansi liquidate the Group or to cease its operations or has
kelangsungan usaha, kecuali manajemen memiliki no realistic alternative but to do so.
intensi untuk melikuidasi Grup atau menghentikan
operasi atau tidak memiliki alternatif yang
realistis selain melaksanakannya.
Pihak yang bertanggung jawab atas tata kelola Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses overseeing the Group’s financial reporting process.
pelaporan keuangan Grup.
Tanggung jawab audit or t erhadap audit at as Audit or’s responsibilit ies for t he audit of t he
laporan keuangan konsolidasian consolidat ed financial st at ement s
Tujuan kami adalah untuk memeroleh keyakinan Our objectives are to obt ain reasonable assurance
memadai tentang apakah laporan keuangan about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari statements taken as a whole are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error, and
disebabkan oleh kecurangan maupun kesalahan, to issue an independent auditors’ report that
dan untuk menerbitkan laporan auditor includes our opinion. Reasonable assurance is a
independen yang mencakup opini kami. Keyakinan high level of assurance, but is not a guarantee that
memadai merupakan suatu tingkat keyakinan an audit conducted in accordance with Standards
tinggi, namun bukan merupakan suatu jaminan on Auditing established by the IICPA will always
bahwa audit yang dilaksanakan berdasarkan detect a material misstatement when it exists.
Standar Audit yang ditet apkan oleh IAPI akan Misstatements can arise from fraud or error and
selalu mendeteksi kesalahan penyajian material are considered material if, individually or in the
ketika hal tersebut ada. Kesalahan penyajian aggregate, they could reasonably be expected to
dapat disebabkan oleh kecurangan maupun influence the economic decisions of users t aken on
kesalahan dan dianggap material jika, baik secara the basis of such consolidat ed financial statements.
individual maupun agregat, dapat diekspektasikan
secara wajar akan memengaruhi keputusan
ekonomi yang dibuat oleh pengguna berdasarkan
laporan keuangan konsolidasian tersebut.
vii
A member firm of Ernst & Young Global Limited
Page 694
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Tanggung jawab audit or t erhadap audit at as Audit or’s responsibilit ies for t he audit of t he
laporan keuangan konsolidasian (lanjut an) consolidat ed financial st at ement s (cont inued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
Mengidentifikasi dan menilai risiko kesalahan Ident ify and assess the risks of material
penyajian material dalam laporan keuangan misstatement of the consolidated financial
konsolidasian, baik yang disebabkan oleh statements, whether due to fraud or error,
kecurangan maupun kesalahan, mendesain design and perform audit procedures
dan melaksanakan prosedur audit yang responsive to such risks, and obtain audit
responsif terhadap risiko tersebut, serta evidence that is sufficient and appropriate to
memeroleh bukti audit yang cukup dan tepat provide a basis for our opinion. The risk of not
untuk menyediakan basis bagi opini kami. detecting a material misstatement resulting
Risiko tidak terdeteksinya suatu kesalahan from fraud is higher than for one resulting from
penyajian material yang disebabkan oleh error, as fraud may involve collusion, forgery,
kecurangan lebih tinggi daripada yang intentional omissions, misrepresentations, or
disebabkan oleh kesalahan, karena override of internal control.
kecurangan dapat melibatkan kolusi,
pemalsuan, penghilangan secara sengaja,
pernyataan salah, atau pengabaian atas
pengendalian internal.
Memeroleh suatu pemahaman tentang Obtain an understanding of internal control
pengendalian internal yang relevan dengan relevant to the audit in order to design audit
audit untuk mendesain prosedur audit yang procedures that are appropriate in the
tepat sesuai dengan kondisinya, tetapi bukan circumstances, but not for the purpose of
untuk tujuan menyatakan suatu opini atas expressing an opinion on t he effect iveness of
keefektivitasan pengendalian internal Grup. the Group’s internal control.
Mengevaluasi ketepatan kebijakan akuntansi Evaluate the appropriateness of accounting
yang digunakan serta kewajaran estimasi policies used and the reasonableness of
akuntansi dan pengungkapan terkait yang accounting estimates and related disclosures
dibuat oleh manajemen. made by management.
viii
A member firm of Ernst & Young Global Limited
Page 695
The original report included herein is in the Indonesian
language.
Laporan Audit or Independen Independent Audit or’s Report
Laporan No. 00057/ 2.1505/ AU.1/ 07/ 0703- Report No. 00057/ 2.1505/ AU.1/ 07/ 0703-
3/ 1/ II/ 2026 (lanjutan) 3/ 1/ II/ 2026 (continued)
Tanggung jawab audit or t erhadap audit at as Audit or’s responsibilit ies for t he audit of t he
laporan keuangan konsolidasian (lanjut an) consolidat ed financial st at ement s (cont inued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
Menyimpulkan ketepatan penggunaan basis Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh management's use of the going concern basis
manajemen dan, berdasarkan bukti audit of accounting and, based on the audit evidence
yang diperoleh, apakah terdapat suatu obtained, whether a material uncertainty
ketidakpastian material yang terkait dengan exists related to events or conditions that may
peristiwa atau kondisi yang dapat cast significant doubt on the Group's ability to
menyebabkan keraguan signifikan atas continue as a going concern. If we conclude
kemampuan Grup untuk mempertahankan that a material uncertainty exists, we are
kelangsungan usahanya. Ketika kami required to draw attention in our independent
menyimpulkan bahwa terdapat suatu auditors’ report to the related disclosures in
ketidakpastian material, kami diharuskan the consolidated financial statements or, if
untuk menarik perhatian dalam laporan such disclosures are inadequate, to modify our
auditor independen kami ke pengungkapan opinion. Our conclusion is based on the audit
terkait dalam laporan keuangan evidence obtained up to the date of our
konsolidasian atau, jika pengungkapan independent auditors’ report. However, future
tersebut tidak memadai, memodifikasi opini events or conditions may cause the Group to
kami. Kesimpulan kami didasarkan pada cease to continue as a going concern.
bukti audit yang diperoleh hingga tanggal
laporan auditor independen kami. Namun,
peristiwa atau kondisi masa depan dapat
menyebabkan Grup tidak dapat
mempertahankan kelangsungan usaha.
Mengevaluasi penyajian, struktur, dan isi Evaluate the overall presentation, structure,
laporan keuangan konsolidasian secara and content of the consolidated financial
keseluruhan, termasuk pengungkapannya, statements, including the disclosures, and
dan apakah laporan keuangan whether the financial statements represent
mencerminkan transaksi dan peristiwa yang the underlying transactions and events in a
mendasarinya dengan suatu cara yang manner that achieves fair presentation.
mencapai penyajian wajar.
Memeroleh bukti audit yang cukup dan tepat Obtain sufficient appropriate audit evidence
mengenai informasi keuangan entitas atau regarding the financial information of the
aktivitas bisnis dalam Grup untuk entities or business activities within the Group
menyatakan opini atas laporan keuangan to express an opinion on the consolidated
konsolidasian. Kami bertanggung jawab atas financial statements. We are responsible for
arahan, supervisi, dan pelaksanaan audit the direction, supervision, and performance of
grup. Kami tetap bertanggung jawab the group audit. We remain solely responsible
sepenuhnya atas opini audit kami. for our audit opinion.
ix
A member firm of Ernst & Young Global Limited
Page 696
A member firm of Ernst & Young Global Limited
Page 697
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT
KONSOLIDASIAN OF FINANCIAL POSITION
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2025 2024
ASET ASSETS
Kas 2c,2d,4 1.717.615 1.861.870 Cash
Giro pada Bank Indonesia 2c,2d,2e,5,56a 7.099.181 10.696.358 Current accounts with Bank Indonesia
Giro pada bank lain 2c,2d,2e,2n,6 Current accounts with other banks
Pihak berelasi 2ad,44 115.242 60.915 Related parties
Pihak ketiga 3.283.524 2.511.034 Third parties
3.398.766 2.571.949
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (890) (1.108) impairment losses
Giro pada bank lain - neto 3.397.876 2.570.841 Current accounts with other banks - net
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 2c,2d,2f,2n,7 2.788.331 2.998.966 and other banks
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (6.039) - impairment losses
Penempatan pada Bank Placements with
Indonesia dan bank lain - neto 2.782.292 2.998.966 Bank Indonesia and other banks - net
Efek-efek yang diperdagangkan 2c,2d,2g,8 4.553.200 1.941.629 Trading securities
Investasi keuangan 2b,2c,2d,2h,2n,9 Financial investments
Pihak berelasi 2ad,44 159.504 159.504 Related parties
Pihak ketiga 38.996.653 39.992.676 Third parties
39.156.157 40.152.180
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (4.509) (1.015) impairment losses
Investasi keuangan - neto 39.151.648 40.151.165 Financial investments - net
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 2d,2i,2n,10 204.796 839.475 resale agreement
Dikurangi: Pendapatan bunga
yang belum diamortisasi (3) (1.052) Less: Unamortized interest
204.793 838.423
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (2) (147) impairment losses
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali - neto 204.791 838.276 resale agreement - net
Tagihan derivatif 2c,2d,2j,11 Derivatives receivable
Pihak berelasi 2ad,44 503.709 446.622 Related parties
Pihak ketiga 1.207.585 934.809 Third parties
1.711.294 1.381.431
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of these consolidated financial statements
keseluruhan. taken as a whole.
1
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 695
Page 698
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT
KONSOLIDASIAN (lanjutan) OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2025 2024
ASET (lanjutan) ASSETS (continued)
Kredit yang diberikan dan 2c,2d, Loans and
piutang/pembiayaan Syariah 2k,2n,12 Sharia receivables/financing
Pihak berelasi 2ad,44,56b 410.830 143.478 Related parties
Pihak ketiga 115.919.475 120.245.103 Third parties
116.330.305 120.388.581
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3.181.985) (3.902.938) impairment losses
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah - neto 113.148.320 116.485.643 receivables/financing - net
Piutang pembiayaan Consumer financing
konsumen 2d,2m,2n,13 9.682.479 9.354.522 receivables
Dikurangi: Less:
Pendapatan pembiayaan Unearned consumer financing
konsumen yang belum diakui (2.375.563) (2.162.088) receivables
7.306.916 7.192.434
Cadangan kerugian Allowance for impairment
penurunan nilai (126.843) (116.486) losses
Piutang pembiayaan Consumer financing
konsumen - neto 7.180.073 7.075.948 receivables - net
Tagihan akseptasi 2c,2d,2l,2n,14 Acceptances receivable
Pihak berelasi 2ad,44 2.157 - Related parties
Pihak ketiga 1.916.520 1.574.241 Third parties
1.918.677 1.574.241
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3.367) (3.176) impairment losses
Tagihan akseptasi - neto 1.915.310 1.571.065 Acceptances receivable - net
Aset pajak tangguhan 2z,24c 324.579 613.076 Deferred tax assets
Aset tetap dan aset hak-guna 2o,15a,15 6.329.185 6.539.418 Fixed assets and right-of-use assets
Dikurangi: Akumulasi penyusutan (2.542.164) (2.547.206) Less: Accumulated depreciation
Aset tetap dan aset hak-guna - neto 3.787.021 3.992.212 Fixed assets and right-of-use assets - net
Aset tidak berwujud - neto 2b,2c,2p,16 348.640 366.361 Intangible assets - net
Beban dibayar dimuka dan 2c,2d,2n,2q, Prepayments and
aset lain-lain 2r,2x,17 other assets
Pihak berelasi 2ad,44 438.294 146.128 Related parties
Pihak ketiga 6.222.239 4.742.412 Third parties
6.660.533 4.888.540
Dikurangi: Less:
Cadangan kerugian Allowance for impairment
penurunan nilai (90.236) (79.658) losses
Cadangan kerugian (174.504) (173.901) Allowance for possible losses
Beban dibayar dimuka dan Prepayments and
aset lain-lain - neto 6.395.793 4.634.981 other assets - net
JUMLAH ASET 48b 193.717.633 197.179.822 TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of these consolidated financial statements
keseluruhan. taken as a whole.
2
696 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 699
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT
KONSOLIDASIAN (lanjutan) OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2025 2024
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 2c,2d,2s,18 Obligations due immediately
Pihak berelasi 2ad,44 409 1.014 Related parties
Pihak ketiga 2.315.645 1.069.561 Third parties
2.316.054 1.070.575
Simpanan nasabah 2c,2d,2t,19 Deposits from customers
Pihak berelasi 2ad,44 386.974 404.298 Related parties
Pihak ketiga 115.807.122 118.599.593 Third parties
116.194.096 119.003.891
Simpanan dari bank lain 2c,2d,2u,20 Deposits from other banks
Pihak berelasi 2ad,44 2.610.117 2.914.963 Related parties
Pihak ketiga 6.519.580 3.105.294 Third parties
9.129.697 6.020.257
Efek-efek yang dijual dengan janji Securities sold under repurchased
dibeli kembali 2c,2d,2i,21 7.872.178 14.819.967 agreements
Dikurangi: Beban bunga yang Less: Unamortized
belum diamortisasi (13.482) (16.881) interest
Efek-efek yang dijual dengan janji Securities sold under repurchased
dibeli kembali - neto 7.858.696 14.803.086 agreements - net
Liabilitas derivatif 2c,2d,2j,11 Derivatives payable
Pihak berelasi 2ad,44 740.969 508.422 Related parties
Pihak ketiga 629.638 847.999 Third parties
1.370.607 1.356.421
Liabilitas akseptasi 2c,2d,2l,14 Acceptances payable
Pihak berelasi 2ad,44 12.901 56.085 Related parties
Pihak ketiga 1.877.323 1.360.144 Third parties
1.890.224 1.416.229
Surat berharga yang diterbitkan 2d,2v,22 Securities issued
Pihak berelasi 2ad,44 - 51.987 Related parties
Pihak ketiga 3.971.967 3.661.763 Third parties
3.971.967 3.713.750
Pinjaman diterima 2c,2d,2w,23 14.041.657 14.426.809 Borrowings
Utang pajak 2z,24a 313.665 316.308 Taxes payable
Beban yang masih harus dibayar Accrued expenses
dan liabilitas lain-lain 2c,2d,2x,2ab,25 and other liabilities
Pihak berelasi 2ad,44 2.672 6.047 Related parties
Pihak ketiga 3.445.294 3.738.574 Third parties
3.447.966 3.744.621
Pinjaman subordinasi 2d,2v,2ad,26 Subordinated loan
Pihak berelasi 2ad, 44 99.521 99.484 Related parties
JUMLAH LIABILITAS 48b 160.634.150 165.971.431 TOTAL LIABILITIES
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of these consolidated financial statements
keseluruhan. taken as a whole.
3
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 697
Page 700
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT
KONSOLIDASIAN (lanjutan) OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2025 2024
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
(lanjutan) (continued)
EKUITAS EQUITY
Ekuitas teratribusi kepada pemilik Equity attributable to equity
entitas induk holders of the parent company
Modal Saham Share Capital
Modal Dasar - Authorized Capital -
476.608.857.231 saham, 476,608,857,231 shares,
terdiri dari: consisting of:
388.146.231 saham Seri A 388,146,231 Series A
dengan nilai nominal shares with a par value of
Rp900 (nilai penuh) Rp900 (full amount)
per saham; per share;
8.891.200.000 saham Seri B 8,891,200,000 Series B
dengan nilai nominal share with a par value of
Rp225 (nilai penuh) Rp225 (full amount)
per saham; dan per share; and
467.329.511.000 saham Seri D 467,329,511,000 Series D
dengan nilai nominal Rp22,50 shares with a par value of Rp22.50
(nilai penuh) per saham (full amount) per share
Modal ditempatkan dan
disetor penuh Issued and paid-up capital
388.146.231 saham Seri A, 388,146,231 Series A shares,
8.891.200.000 saham Seri B 8,891,200,000 Series B shares
dan 66.935.849.590 saham Seri D 27 3.855.908 3.855.908 and 66,935,849,590 Series D shares
Tambahan modal disetor 28 6.357.376 6.357.376 Additional paid-in capital
Selisih kurs karena penjabaran Differences arising from the translation of
laporan keuangan dalam mata uang asing 2c,31 40.951 40.793 foreign currency financial statements
Selisih transaksi antara Differences in transaction between
pemegang saham entitas anak 1b (57.313) (57.313) shareholders of a subsidiary
Surplus revaluasi aset tetap 2o,15 1.975.199 2.109.514 Fixed assets revaluation surplus
Keuntungan/(kerugian) yang belum direalisasi Unrealized gains/(losses) on
atas perubahan nilai wajar changes in fair value of
investasi keuangan yang diukur pada nilai wajar fair value through other
melalui pendapatan komprehensif lain - comprehensive income financial
setelah pajak tangguhan dan cadangan atas investments - net of deferred tax and
kerugian kredit ekspektasian 2h,9 326.202 (349.335) expected credit loss alowances
Keuntungan aktuarial atas program manfaat pasti - Actuarial gains on defined benefit plan -
setelah pajak tangguhan 2ab,47 517.126 423.045 net of deferred tax
Cadangan umum 30 771.182 771.182 General reserve
Saldo laba 27b,29 18.666.676 17.455.695 Retained earnings
Jumlah ekuitas teratribusi kepada Total equity attributable to equity holders
pemilik entitas induk 32.453.307 30.606.865 of the parent company
Kepentingan non-pengendali 46 630.176 601.526 Non-controlling interest
JUMLAH EKUITAS 33.083.483 31.208.391 TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS 193.717.633 197.179.822 TOTAL LIABILITIES AND EQUITY
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of these consolidated financial statements
keseluruhan. taken as a whole.
4
698 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 701
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT OF PROFIT OR
KOMPREHENSIF LAIN KONSOLIDASIAN (lanjutan) LOSS AND OTHER COMPREHENSIVE INCOME (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
Catatan/ 31 Desember/ Year Ended December 31
Notes 2025 2024
PENDAPATAN DAN BEBAN OPERATING INCOME
OPERASIONAL AND EXPENSES
Pendapatan dan beban bunga dan Syariah Interest and Sharia income and expenses
Pendapatan bunga dan Syariah Interest and Sharia income
Pendapatan bunga 10.538.935 10.425.435 Interest income
Pendapatan Syariah 2.666.919 2.636.767 Sharia income
2x,33 13.205.854 13.062.202
Beban bunga dan Syariah Interest and Sharia expenses
Beban bunga 4.817.623 4.608.295 Interest expenses
Beban Syariah 1.166.329 1.348.497 Sharia expenses
2x,34 5.983.952 5.956.792
Pendapatan bunga dan Syariah neto 7.221.902 7.105.410 Net interest and Sharia income
Pendapatan/(beban) operasional Other operating income/
lainnya (expenses)
Pendapatan operasional lainnya: Other operating income:
Provisi dan komisi selain Fees and commissions
dari kredit yang diberikan 2y 359.880 368.962 other than from loans
Keuntungan/(kerugian) transaksi Gains/(losses) on foreign exchange
mata uang asing - neto 2c 91.865 (225.782) transactions - net
Keuntungan penjualan efek-efek Gains on sale of
yang diperdagangkan dan trading securities and
investasi keuangan - neto 2g,2h,35 345.647 132.339 financial investments - net
Kenaikan/(penurunan) nilai efek-efek Increase/(decrease) in value of
yang diperdagangkan - neto 2h,36 3.857 (8.408) trading securities - net
Pendapatan lainnya 37 1.525.518 1.885.087 Other fee income
Jumlah pendapatan operasional Total other operating
lainnya 2.326.767 2.152.198 income
Beban operasional lainnya: Other operating expenses:
Penyisihan kerugian Provision for impairment
penurunan nilai atas losses on financial
instrumen keuangan - neto 2n,38 955.065 1.351.113 instruments - net
Penyisihan kerugian atas Provision for possible losses
aset non-produktif 2q,39 21.201 18.263 on non-earning assets
Umum dan administrasi 40 3.183.992 3.055.013 General and administrative
Tenaga kerja 41,47 3.265.465 3.244.579 Personnel
Jumlah beban Total other operating
operasional lainnya 7.425.723 7.668.968 expenses
Beban operasional Other operating expenses -
lainnya - neto (5.098.956) (5.516.770) net
LABA OPERASIONAL - NETO 2.122.946 1.588.640 OPERATING INCOME - NET
PENDAPATAN NON OPERASIONAL - NETO 42 99.847 11.673 NON-OPERATING INCOME - NET
LABA SEBELUM BEBAN PAJAK 2.222.793 1.600.313 INCOME BEFORE TAX EXPENSE
BEBAN PAJAK - NETO 2z,24b (520.598) (401.670) TAX EXPENSE - NET
LABA TAHUN BERJALAN 48b 1.702.195 1.198.643 INCOME FOR THE YEAR
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of these consolidated financial statements
keseluruhan. taken as a whole.
5
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 699
Page 702
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT OF PROFIT OR
KOMPREHENSIF LAIN KONSOLIDASIAN (lanjutan) LOSS AND OTHER COMPREHENSIVE INCOME (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
Catatan/ 31 Desember/Year Ended December 31
Notes 2025 2024
Pendapatan komprehensif lainnya: Other comprehensive income:
Items that will not be reclassified
Pos-pos yang tidak akan direklasifikasi ke laba rugi: subsequently to profit or loss:
Keuntungan aktuarial atas program
manfaat pasti 47b 131.660 93.926 Actuarial gains on defined benefit plan
(Kerugian)/keuntungan revaluasi aset tetap 15 (134.315) 131.849 (Losses)/gains on fixed assets revaluation
Pajak penghasilan terkait dengan komponen Income tax relating to components of
pendapatan komprehensif lainnya 24c (28.965) (20.665) other comprehensive income
(31.620) 205.110
Items that may be reclassified
Pos-pos yang akan direklasifikasi ke laba rugi: subsequently to profit or loss:
Selisih kurs penjabaran laporan keuangan Differences arising from the translation of foreign
dalam mata uang asing 158 (1.349) currency financial statements
Perubahan nilai wajar investasi keuangan Fair value changes of financial investments
yang diukur pada nilai wajar melalui measured at fair value through other
pendapatan komprehensif lain 867.770 (235.163) comprehensive income
Pajak penghasilan terkait dengan komponen Income tax relating to components of
pendapatan komprehensif lainnya 24c (192.233) 52.101 other comprehensive income
675.695 (184.411)
Laba komprehensif lainnya - setelah pajak 644.075 20.699 Other comprehensive income - net of tax
Jumlah laba komprehensif Total comprehensive income
selama tahun berjalan 2.346.270 1.219.342 for the year
Laba tahun berjalan yang
dapat diatribusikan kepada: Income for the year attributable to:
Pemilik entitas induk 43 1.657.366 1.115.963 Equity holders of the parent entity
Kepentingan non-pengendali 46 44.829 82.680 Non-controlling interest
1.702.195 1.198.643
Jumlah laba komprehensif selama tahun Total comprehensive income
berjalan yang dapat diatribusikan kepada: for the year attributable to:
Pemilik entitas induk 2.292.827 1.133.078 Equity holders of the parent entity
Kepentingan non-pengendali 53.443 86.264 Non-controlling interest
2.346.270 1.219.342
LABA PER SAHAM DASAR BASIC EARNINGS PER SHARE
(nilai penuh) 2aa,43 21,75 14,64 (full amount)
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of these consolidated financial statements
keseluruhan. taken as a whole.
6
700 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 703
The original consolidated financial statements included herein are in the Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Untuk Tahun yang Berakhir Pada Tanggal 31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Dapat diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent entity
(Kerugian)/keuntungan yang
belum direalisasi atas
perubahan nilai wajar
investasi keuangan yang
diukur pada nilai wajar
Selisih kurs melalui pendapatan
karena komprehensif lain - Keuntungan
penjabaran setelah pajak tangguhan dan aktuarial atas
laporan keuangan cadangan atas kerugian program
dalam Selisih transaksi kredit ekspektasian/ manfaat pasti -
mata uang asing/ antara pemegang Unrealized (losses)/gains on setelah pajak
Tambahan Differences saham Surplus change in fair value of fair value tangguhan/
modal arising from entitas anak/ revaluasi through other comprehensive Actuarial gains
Modal disetor/ the translation Differences in aset tetap/ income financial on defined Saldo Kepentingan
saham/ Additional of foreign transaction between Fixed assets investments - net of benefit plan- laba/ non-pengendali/
Catatan/ Share paid-in currency financial shareholders revaluation deferred tax and expected net of Cadangan umum/ Retained Jumlah/ Non-controlling Jumlah/
Notes capital capital statements of a subsidiary surplus credit loss allowances deferred tax General reserve earnings Total interest Total
Saldo 31 Desember 2024 3.855.908 6.357.376 40.793 (57.313) 2.109.514 (349.335) 423.045 771.182 17.455.695 30.606.865 601.526 31.208.391 Balance as of December 31, 2024
Increase in foreign exchange difference
Kenaikan atas selisih kurs karena penjabaran arising from the translation of
laporan keuangan cabang luar negeri overseas branches' foreign currency
dalam mata uang asing 2c - - 158 - - - - - - 158 - 158 financial statements
Kerugian revaluasi aset tetap - - - - (134.315) - - - - (134.315) - (134.315) Losses on fixed assets revaluation
Strenghtening the Core, Accelerating Forward
Perubahan nilai wajar investasi keuangan Changes in fair value of fair value through
yang diukur pada nilai wajar melalui pendapatan other comprehensive income
komprehensif lain - setelah pajak tangguhan dan financial investment - net of deferred tax
cadangan atas kerugian kredit ekspektasian 2h - - - - - 675.537 - - - 675.537 - 675.537 and expected credit loss allowances
Keuntungan aktuarial atas program manfaat pasti - Actuarial gains on defined benefit plan - net
setelah pajak tangguhan - - - - - - 94.081 - - 94.081 8.614 102.695 of deferred tax
Pembagian dividen tunai 29 (446.385) (446.385) (24.793) (471.178) Distribution of cash dividend
Laba tahun berjalan 46 1.657.366 1.657.366 44.829 1.702.195 Income for the year
Saldo 31 Desember 2025 3.855.908 6.357.376 40.951 (57.313) 1.975.199 326.202 517.126 771.182 18.666.676 32.453.307 630.176 33.083.483 Balance as of December 31, 2025
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara The accompanying notes to the consolidated financial statements form an integral part of these
keseluruhan. consolidated financial statements taken as a whole.
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
7
701
Page 704
702
The original consolidated financial statements included herein are in the Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN (lanjutan) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (continued)
Untuk Tahun yang Berakhir Pada Tanggal 31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Dapat diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent entity
Kerugian yang
belum direalisasi atas
perubahan nilai wajar
investasi keuangan yang
diukur pada nilai wajar
Selisih kurs melalui pendapatan
karena komprehensif lain - Keuntungan
penjabaran setelah pajak tangguhan dan aktuarial atas
laporan keuangan cadangan atas kerugian program
dalam Selisih transaksi kredit ekspektasian/ manfaat pasti -
mata uang asing/ antara pemegang Unrealized losses on setelah pajak
Tambahan Differences saham Surplus change in fair value of fair value tangguhan/
modal arising from entitas anak/ revaluasi through other comprehensive Actuarial gains
Modal disetor/ the translation Differences in aset tetap/ income financial on defined Saldo Kepentingan
saham/ Additional of foreign transaction between Fixed assets investments - net of benefit plan- laba/ non-pengendali/
Catatan/ Share paid-in currency financial shareholders revaluation deferred tax and expected net of Cadangan umum/ Retained Jumlah/ Non-controlling Jumlah/
Notes capital capital statements of a subsidiary surplus credit loss allowances deferred tax General reserve earnings Total interest Total
Saldo 31 Desember 2023 3.855.908 6.357.376 42.142 (57.313) 1.979.935 (166.273) 351.098 771.182 17.124.265 30.258.320 537.714 30.796.034 Balance as of December 31, 2023
Decrease in foreign exchange difference
Penurunan atas selisih kurs karena penjabaran arising from the translation of
laporan keuangan cabang luar negeri overseas branches' foreign currency
dalam mata uang asing 2c - - (1.349) - - - - - - (1.349) - (1.349) financial statements
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Keuntungan revaluasi aset tetap - - - - 129.579 - - - - 129.579 2.270 131.849 Gains on fixed assets revaluation
Perubahan nilai wajar investasi keuangan Changes in fair value of fair value through
yang diukur pada nilai wajar melalui pendapatan other comprehensive income
komprehensif lain - setelah pajak tangguhan dan financial investment - net of deferred tax
cadangan atas kerugian kredit ekspektasian 2h - - - - - (183.062) - - - (183.062) - (183.062) and expected credit loss allowances
Keuntungan aktuarial atas program manfaat pasti - Actuarial gains on defined benefit plan - net
setelah pajak tangguhan - - - - - - 71.947 - - 71.947 1.314 73.261 of deferred tax
Pembagian dividen tunai 29 - - - - - - - - (784.533) (784.533) (22.452) (806.985) Distribution of cash dividend
Laba tahun berjalan 46 - - - - - - - - 1.115.963 1.115.963 82.680 1.198.643 Income for the year
Saldo 31 Desember 2024 3.855.908 6.357.376 40.793 (57.313) 2.109.514 (349.335) 423.045 771.182 17.455.695 30.606.865 601.526 31.208.391 Balance as of December 31, 2024
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. The accompanying notes to the consolidated financial statements form an integral part of these
consolidated financial statements.
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
8
Page 705
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENT OF CASH FLOWS
Untuk Tahun yang Berakhir Pada Tanggal For the Year Ended
31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
Catatan/ 31 Desember/Year Ended December 31
Notes 2025 2024
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
OPERASI OPERATING ACTIVITIES
Penerimaan pendapatan bunga dan Syariah 13.054.588 13.009.832 Proceeds from interest and Sharia income
Pembayaran beban bunga dan Syariah (6.015.798) (5.915.453) Payment of interest and Sharia expense
Beban umum dan administrasi General and administrative
yang dibayar (2.548.082) (2.521.050) expenses paid
Tenaga kerja dan tunjangan
yang dibayar (3.231.053) (3.022.736) Personnel expenses paid
Pendapatan operasional lainnya Other operating income
yang diterima 1.469.654 1.744.082 received
Pembayaran pajak penghasilan (522.389) (406.797) Payment of income tax
Penerimaan/(pembayaran) dari pendapatan/ Income received/(expenses paid) from non-
(beban) non-operasional - neto 93.171 (19.395) operating income/(expenses) - net
Arus kas dari aktivitas operasi Cash flows from operating
sebelum perubahan aset activities before changes in
dan liabilitas operasi 2.300.091 2.868.483 operating assets and liabilities
(Kenaikan)/penurunan aset (Increase)/decrease in operating
operasi: assets:
Efek-efek yang diperdagangkan (2.607.714) (652.350) Trading securities
Tagihan atas wesel ekspor 209.665 (1.309.643) Receivables from export bills
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah 2.558.322 (12.945.983) receivables/financing
Piutang pembiayaan
konsumen (294.557) 534.439 Consumer financing receivables
Beban dibayar dimuka dan Prepayments and other
aset lain-lain (1.442.881) (537.303) assets
Kenaikan/(penurunan) Increase/(decrease) in
liabilitas operasi: operating liabilities:
Liabilitas segera 1.245.479 (6.023) Obligations due immediately
Simpanan dari nasabah dan Deposits from customers and
bank lain 299.645 4.738.744 other banks
Liabilitas lain-lain (154.347) (4.027) Other liabilities
Kas neto diperoleh dari/(digunakan untuk) Net cash provided by/(used in)
aktivitas operasi 2.113.703 (7.313.663) operating activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
INVESTASI INVESTING ACTIVITIES
Penjualan/(pembelian) efek-efek
yang diukur pada nilai wajar melalui Sale/(purchase) of marketable securities
pendapatan komprehensif lain measured at fair value through
dan yang diukur pada biaya other comprehensive income
perolehan yang diamortisasi 2.001.036 (8.165.998) and measured at amortized cost
Penjualan efek-efek yang Sale of securities purchased
dibeli dengan janji dijual kembali - neto 633.630 1.494.699 under resale agreements - net
Penerimaan dari penjualan aset tetap 15a 8.011 8.069 Proceeds from sale of fixed assets
Penambahan nilai aset hak-guna (33.086) (61.929) Addition of right-of-use assets
Pembelian aset tidak berwujud 16 (114.263) (129.052) Acquisition of intangible asset
Pembelian aset tetap 15a (193.114) (375.633) Acquisition of fixed assets
Kas neto diperoleh dari/(digunakan untuk) Net cash provided by/(used in)
aktivitas investasi 2.302.214 (7.229.844) investing activities
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of theseconsolidated financial statements
keseluruhan. taken as a whole.
9
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 703
Page 706
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN ARUS KAS CONSOLIDATED STATEMENT
KONSOLIDASIAN (lanjutan) OF CASH FLOWS (continued)
Untuk Tahun yang Berakhir Pada Tanggal For the Year Ended
31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
Catatan/ 31 Desember/Year Ended December 31
Notes 2025 2024
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
PENDANAAN FINANCING ACTIVITIES
Penerimaan dari surat berharga yang diterbitkan 57 2.750.000 1.100.000 Proceeds from securities issued
(Pembelian)/penjualan efek-efek yang dijual (Purchase)/sale of securities sold
dengan janji dibeli kembali 57 (6.944.390) 12.786.023 under repurchased agreements
Pelunasan dari surat berharga
yang diterbitkan 57 (2.545.445) (1.637.000) Repayments from securities issued
Pembayaran dividen (446.335) (784.444) Dividend payment
(Pembayaran)/penerimaan dari pinjaman diterima 57 (385.152) 6.681.881 (Payment)/proceeds from borrowings
Pembayaran liabilitas sewa 57 (169.086) (180.787) Payment of lease liabilities
Pembayaran dividen kepada entitas Dividend payment to non-controlling
non-pengendali (24.695) (22.452) interests
(Penurunan)/kenaikan kepentingan (Decrease)/increase in non-controlling
non-pengendali (3.561) 61.542 interest
Kas neto (digunakan untuk)/diperoleh dari Net cash (used in)/provided by
aktivitas pendanaan (7.768.664) 18.004.763 financing activities
(PENURUNAN)/KENAIKAN NETO KAS (DECREASE)/INCREASE IN CASH
DAN SETARA KAS (3.352.747) 3.461.256 AND CASH EQUIVALENTS
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AWAL TAHUN 18.129.143 14.412.730 AT BEGINNING OF YEAR
Pengaruh perubahan kurs mata Effect of foreign currency exchange
uang asing 227.497 255.157 rate changes
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AKHIR TAHUN 15.003.893 18.129.143 AT END OF YEAR
PENGUNGKAPAN TAMBAHAN SUPPLEMENTARY DISCLOSURES
Cash and cash equivalents
Kas dan setara kas terdiri dari: consist of:
Kas 4 1.717.615 1.861.870 Cash
Giro pada Bank Indonesia 5 7.099.181 10.696.358 Current accounts with Bank Indonesia
Giro pada bank lain 6 3.398.766 2.571.949 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain yang jatuh other banks that will mature
tempo dalam 3 bulan within 3 months from
dari tanggal akuisisi 7 2.788.331 2.998.966 the date of acquisition
Jumlah kas dan setara kas 15.003.893 18.129.143 Total cash and cash equivalents
Catatan atas laporan keuangan konsolidasian merupakan bagian The accompanying notes to the consolidated financial statements form an
yang tidak terpisahkan dari laporan keuangan konsolidasian secara integral part of theseconsolidated financial statements
keseluruhan. taken as a whole.
10
704 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 707
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM 1. GENERAL
a. Pendirian a. Establishment
PT Bank Maybank Indonesia Tbk PT Bank Maybank Indonesia Tbk
(“Bank”) adalah perusahaan terbatas yang (the “Bank”) is a limited liability company
didirikan di Republik Indonesia pada tahun established in the Republic of Indonesia in 1959
1959, berdasarkan akta No.53 tanggal 15 Mei by virtue of notarial deed No.53 dated May 15,
1959 dari notaris pengganti Soeleman 1959 of substitute notary Soeleman
Ardjasasmita, S.H. Akta telah diubah dengan Ardjasasmita, S.H. The deed was subsequently
akta No.9 tanggal 4 Agustus 1959 dan No.21 amended by notarial deeds No.9 dated
tanggal 6 Oktober 1959 dari notaris August 4, 1959 and No.21 dated October 6, 1959
Eliza Pondaag, S.H. di Jakarta. Akta pendirian ini of Notary Eliza Pondaag, S.H., in Jakarta. The
telah mendapat pengesahan dari Menteri deed of establishment was approved by the
Kehakiman Republik Indonesia melalui Surat Minister of Justice of the Republic of Indonesia
Keputusannya No.J.A.5/112/18 tanggal in his Decision Letter No.J.A.5/112/18 dated
2 November 1959 dan telah didaftarkan ke November 2, 1959 and was registered in the
Kantor Pengadilan Negeri Jakarta dengan Jakarta Court of Justice under registration
No.2116 tanggal 5 November 1959. Bank mulai No.2116 dated November 5, 1959. Bank
beroperasi secara komersial sejak commenced its commercial operations since
13 Oktober 1959, sesuai dengan izin untuk October 13, 1959, according to the license as
melakukan usaha Bank umum dari Menteri commercial bank obtained from the Minister of
Keuangan Republik Indonesia No.138412/U.M.II Finance of the Republic Indonesia
tanggal 13 Oktober 1959, serta diumumkan No.138412/U.M.II dated October 13, 1959, then
dalam Berita Negara Republik Indonesia No.37 also stated in the State Gazette No. 37
tanggal 6 Mei 1960 Tambahan No.122. amendment No.122 dated May 6,1960.
Pada tanggal 31 Maret 1980 Bank melakukan On March 31, 1980, the Bank merged with
penggabungan usaha (merger) dengan PT Bank Tabungan Untuk Umum 1859,
PT Bank Tabungan Untuk Umum 1859, Surabaya by virtue of notarial deed No.17 dated
Surabaya. Keputusan merger ini dituangkan March 31, 1980 by Notary Arianny Lamoen
dalam akta notaris Arianny Lamoen Redjo, S.H. Redjo, S.H.
No.17 tanggal 31 Maret 1980.
Sesuai dengan Surat Keputusan Direksi Bank In accordance to Directors of Bank Indonesia
Indonesia No.21/11/Dir/UPPS tanggal Decree No.21/11/Dir/UPPS dated November 9,
9 November 1988, Bank memperoleh 1988, the Bank obtained an approval to
peningkatan status menjadi Bank Devisa. Pada upgrade its status to a Foreign Exchange Bank.
tanggal 5 September 2002, dengan akta On September 5, 2002, by virtue of notarial
No.16 dari Notaris Fathiah Helmi, S.H. deed No.16 of Notary Fathiah Helmi, S.H., and
yang telah mendapat persetujuan Menteri approval by the Minister of Justice and Human
Hukum dan Hak Asasi Manusia Rights of the Republic of Indonesia in his
Republik Indonesia melalui Surat Decision Letter No.C-19589.HT.01.04.TH.2002
Keputusannya No.C-19589.HT.01.04.TH.2002 dated October 10, 2002, the Bank added
tanggal 10 Oktober 2002, Bank menambah banking activities based on Sharia principles
aktivitas perbankan Syariah (Unit Usaha (Sharia Business Unit) in its commercial
Syariah) dalam aktivitas komersial Bank. Bank activities. The Bank commenced its Sharia
mulai melakukan kegiatan berdasarkan banking activities since May 2003.
prinsip Syariah tersebut sejak bulan Mei 2003.
11
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 705
Page 708
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Pada tahun 2008, Anggaran Dasar Bank telah In 2008, the Bank’s Articles of Association have
mengalami dua kali perubahan. Perubahan been amended twice. The first amendment
pertama dalam rangka penyesuaian dengan was to accommodate the Law
Undang-undang No. 40 Tahun 2007 tentang No. 40 Year 2007 regarding Limited Liability
Perseroan Terbatas dan peraturan Company and its implementation regulations.
pelaksanaannya. Perubahan ini This amendment was notarized by notary
didokumentasikan dalam akta No. 10 dari Engawati Gazali, S.H., in notarial deed No. 10
notaris Engawati Gazali, S.H., tanggal dated July 16, 2008 and was approved by the
16 Juli 2008 dan telah disetujui oleh Menteri Minister of Laws and Human Rights of the
Hukum dan Hak Asasi Manusia Republic of Indonesia through letter
Republik Indonesia melalui Surat No.AHU-56218.AH.01.02.Year.2008 dated August
No.AHU-56218.AH.01.02.Tahun.2008 tanggal 28 28, 2008, then also stated in the state of
Agustus 2008, serta diumumkan dalam Berita Gazette No. 2 amendment No. 527 dated
Negara Republik Indonesia No. 2 tanggal 6 January 6, 2009.
Januari 2009 Tambahan No. 527.
Pada tanggal 1 Desember 2008, Bank On December 1, 2008, the Bank held a
menyelenggarakan Rapat Umum Pemegang Shareholders’ Extraordinary General Meeting
Saham Luar Biasa yang menyetujui untuk whereby the shareholders agreed to amend
mengubah pasal 4 ayat 1 dan pasal 4 ayat 2 the Articles of Association article 4(1) and 4(2)
Anggaran Dasar Perseroan sehubungan relating to authorized capital and issued and
dengan modal dan modal dasar yang telah paid-up capital. The decision was notarized by
ditempatkan dan disetor penuh. Keputusan ini notary Ny. Poerbaningsih Adi Warsito, S.H., in
didokumentasikan dalam surat No.600/ZXI02/ her letter No.600/ZXI02/XII/2008 dated
XII/2008 notaris Ny. Poerbaningsih Adi Warsito, December 1, 2008 and was approved by the
S.H., tanggal 1 Desember 2008 dan telah Minister of Laws and Human Rights of
disetujui oleh Menteri Hukum dan Hak Asasi the Republic of Indonesia through
Manusia Republik Indonesia melalui Surat letter No.AHU-0008676.AH.01.09.Year 2009
No.AHU-0008676.AH.01.09.Tahun 2009 tanggal dated March 12, 2009.
12 Maret 2009.
Pada tanggal 7 April 2009, Bank On April 7, 2009, the Bank held a Shareholders’
menyelenggarakan Rapat Umum Pemegang Extraordinary General Meeting whereby the
Saham Luar Biasa yang menyetujui untuk shareholders agreed to amend the Articles of
mengubah Anggaran Dasar Perseroan Association relating to conversion of Series C
sehubungan dengan pengkonversian saham shares to Series B shares and to amend certain
Seri C ke saham Seri B serta mengubah articles in the Articles of Association to comply
beberapa pasal Anggaran Dasar untuk with the Capital Market Supervisory Board
disesuaikan dengan Peraturan Badan Regulation No. IX.J.1 dated May 14, 2008. This
Pengawas Pasar Modal No. IX.J.1 tanggal 14 Mei amendment was notarized by notary Engawati
2008. Perubahan ini didokumentasikan dalam Gazali, S.H., in notarial deed No. 6 dated April 7,
akta No. 6 dari notaris Engawati Gazali, S.H., 2009 and was approved by the Minister of Laws
tanggal 7 April 2009 dan telah disetujui oleh and Human Rights of the
Menteri Hukum dan Hak Asasi Manusia Republic of Indonesia through letter
Republik Indonesia melalui Surat No.AHU-AH.01.10-05099 dated May 1, 2009.
No.AHU-AH.01.10-05099 tanggal 1 Mei 2009.
12
706 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 709
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Melalui Rapat Umum Pemegang Saham Luar Through the Shareholders’ Extraordinary
Biasa tanggal 24 Agustus 2015, telah disetujui General Meeting on August 24, 2015, the
perubahan nama Bank dari “PT Bank change of the Bank’s name from “PT Bank
Internasional Indonesia Tbk” menjadi “PT Bank Internasional Indonesia Tbk” to become
Maybank Indonesia Tbk”. Perubahan nama “PT Bank Maybank Indonesia Tbk” has been
Bank ini telah mendapat persetujuan dari approved. The changes of Bank’s name had
Menteri Hukum dan Hak Asasi Manusia Republik been approved by Minister of Justice and
Indonesia melalui Keputusan Menteri Hukum Human Rights through Minister of Justice and
dan Hak Asasi Manusia Republik Indonesia Human Rights Decision No.AHU-
No.AHU-0941203.AH.01.02 Tahun 2015 tanggal 0941203.AH.01.02 Year 2015 dated August 26,
26 Agustus 2015 tentang Persetujuan 2015 on The Approval of The Company’s
Perubahan Anggaran Dasar Perseroan dan dari Articles of Association Change and from OJK
Otoritas Jasa Keuangan (OJK) melalui through The Board of Commissioner Decision
Keputusan Dewan Komisioner Otoritas Jasa No.18/KDK.03/2015 dated September 23, 2015
Keuangan No.18/KDK.03/2015 tanggal 23 on The Confirmation to Use The Bank’s Business
September 2015 tentang Penetapan License Name from PT Bank Internasional
Penggunaan Izin Usaha Atas Nama PT Bank Indonesia Tbk to PT Bank Maybank Indonesia
Internasional Indonesia Tbk menjadi Izin Usaha Tbk.
Atas Nama PT Bank Maybank Indonesia Tbk.
Bank menjalankan kegiatan usaha di bidang The Bank is engaged in general banking
perbankan sesuai dengan undang-undang services in accordance with the prevailing laws
dan peraturan yang berlaku dan melakukan and regulations and in other banking activities
kegiatan perbankan lainnya berdasarkan based on Sharia principles.
prinsip Syariah.
Kantor pusat Bank beralamat di Sentral The Bank’s head office is located at Sentral
Senayan (SS) III, Jalan Asia Afrika No. 8, Gelora Senayan (SS) III, Jalan Asia Afrika No. 8, Gelora
Bung Karno - Senayan, Jakarta. Bank memiliki 1 Bung Karno - Senayan, Jakarta. The Bank has 1
kantor pusat, 80 kantor cabang, 175 kantor head office, 80 branches, 175 sub-branches,
cabang pembantu, 17 kantor cabang Syariah 17 Sharia branches and 3 Sharia sub-branches
dan 3 kantor cabang pembantu Syariah per 31 as of December 31, 2025 (December 31, 2024: 1
Desember 2025 (31 Desember 2024: 1 kantor head office, 80 branches, 214 sub-branches, 17
pusat, 80 kantor cabang, 214 kantor cabang Sharia branches and 3 Sharia sub-branches).
pembantu, 17 kantor cabang Syariah dan 3 The Bank’s key management personnel covers
kantor cabang pembantu Syariah). members of Board of Commissioners, Board of
Manajemen kunci Bank cakupannya adalah Directors, Audit Committee, officer who have
anggota Dewan Komisaris, Dewan Direksi, direct responsibility to the Directors,
Komite Audit, pejabat yang bertanggung jawab Compliance Unit Head, Internal Audit Head, Risk
langsung ke Direksi, Kepala Satuan Kerja Management Unit Head, Division Head,
Kepatuhan, Kepala Satuan Kerja Audit Intern Regional Office Head, Area Business Manager
(SKAI), Kepala Satuan Kerja Manajemen Risiko, (ABM), Branch Manager Syariah (BMS) and
Kepala Divisi, Kepala Kantor Wilayah, Area other officers who are appointed as Executive
Business Manager (ABM), Branch Manager Officers by the Bank’s Director and have
Syariah (BMS) dan pejabat lainnya yang significant influence to the Bank’s policies
ditetapkan sebagai Pejabat Eksekutif oleh and/or operations. The Bank had 6,246 and
Direksi Bank di mana pejabat tersebut 6,546 permanent employees as of December
mempunyai pengaruh yang signifikan 31, 2025 and 2024, respectively.
terhadap kebijakan dan/atau operasional
Bank. Jumlah karyawan tetap Bank per 31
Desember 2025 dan 2024 adalah masing-
masing 6.246 dan 6.546 karyawan.
13
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 707
Page 710
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Pemegang saham akhir PT Bank Maybank The ultimate shareholder of PT Bank Maybank
Indonesia Tbk adalah Malayan Banking Berhad, Indonesia Tbk is Malayan Banking Berhad, a
sebuah perusahaan perbankan dan jasa banking company and financial services
keuangan yang berkedudukan di Malaysia. based in Malaysia.
Pada bulan Mei 1999, sebagai bagian dari In May 1999, as part of the National Banking
Program Rekapitalisasi Perbankan Nasional, Recapitalization Program, the Indonesian
Pemerintah Indonesia melakukan penyertaan Government made a capital investment in the
modal pada Bank sebesar Rp8.714.000. Pada Bank of Rp8,714,000. In January 2000, the Bank
bulan Januari 2000, Bank mengembalikan refunded to the Indonesian Government the
dana rekapitalisasi sebesar Rp2.086.425 excess of the recapitalization fund of
kepada Pemerintah Indonesia, sehingga approximately Rp2,086,425 hence, the
jumlah penyertaan modal Pemerintah outstanding capital investment of the
Indonesia pada Bank adalah sebesar Indonesian Government in the Bank was
Rp6.627.575. Rp6,627,575.
Pada bulan Juli 2001, Bank Indonesia In July 2001, Bank Indonesia placed the Bank as
menetapkan Bank sebagai bank dalam bank under surveillance and transferred the
penyehatan dan menyerahkan Bank kepada Bank to the Indonesian Bank Restructuring
Badan Penyehatan Perbankan Nasional (BPPN). Agency (IBRA). As the Bank’s condition had
Dengan membaiknya kondisi Bank, pada bulan improved, in March 2004, the Governor of Bank
Maret 2004, Gubernur Bank Indonesia Indonesia revoked the Bank’s status as bank
mencabut status Bank sebagai bank dalam under surveillance.
penyehatan.
Pada tanggal 2 April 2002, Rapat Umum On April 2, 2002, based on the Bank’s
Pemegang Saham Luar Biasa menyetujui Shareholders’ Extraordinary General Meeting,
perubahan modal dasar Bank dengan the shareholders approved the change in the
menambah seri saham yaitu saham Seri D authorized share capital by adding Series D
dengan nilai nominal Rp5 (nilai penuh) per shares with a par value of Rp5 (full amount)
saham sehingga jumlah modal dasar Bank per share. Thus, the authorized share capital
sebesar Rp38.000.000 terdiri dari 3.881.462.307 amounted to Rp38,000,000 which consisted of
saham Seri A dengan nilai nominal Rp500 (nilai 3,881,462,307 Series A shares with a par value
penuh) per saham; 40.856.044.855 saham Seri of Rp500 (full amount) per share;
B dengan nilai nominal Rp125 (nilai penuh) per 40,856,044,855 Series B shares with a par value
saham; 52.595.515.440 saham Seri C dengan of Rp125 (full amount) per share; 52,595,515,440
nilai nominal Rp125 (nilai penuh) per saham; Series C shares with a par value of Rp125 (full
dan 4.875.564.761.925 saham Seri D dengan amount) per share; and 4,875,564,761,925
nilai nominal Rp5 (nilai penuh) per saham. Series D shares with a par value of Rp5 (full
Risalah Rapat Umum Pemegang Saham Luar amount) per share. The minutes of this
Biasa ini telah didokumentasikan dalam akta Shareholders’ Extraordinary General Meeting
No. 2 dari Notaris Fathiah Helmi, S.H. tanggal were documented in Notarial Deed No. 2 of
2 April 2002 dan telah dicatat oleh Menteri Notary Fathiah Helmi, S.H., dated April 2, 2002
Hukum dan Hak Asasi Manusia Republik and were recorded by the Minister of Justice
Indonesia sebagaimana termuat dalam and Human Rights of the
Penerimaan Laporan Akta Perubahan Republic of Indonesia in “Receipt of Report on
Anggaran Dasar Bank the change in the Bank’s Articles of
No.C05634.HT.01.04.TH.2002 tanggal 5 April 2002 Association” No.C-05634.HT.01.04.TH.2002
dan telah didaftarkan ke Kantor Pendaftaran dated April 5, 2002, and registered with the
Perusahaan Departemen Perindustrian Registration Office of the Department of Trade
dan Perdagangan Jakarta Pusat and Industry Central Jakarta
No.3698/RUB.09.05/IV/2002 tanggal 18 April No.3698/RUB.09.05/IV/2002 dated April 18,
2002. 2002.
14
708 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 711
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Pada tanggal 31 Mei 2002, Bank mengadakan On May 31, 2002, the Bank held a Shareholders’
Rapat Umum Pemegang Saham Luar Biasa Extraordinary General Meeting, whereby the
untuk menyetujui hal-hal sebagai berikut: shareholders approved the following:
1. Mengubah nilai nominal saham Bank 1. Changes in the par value of the Bank’s
sebagai berikut: shares as follows:
- Saham Seri A dengan nilai nominal - Series A shares with a par value of
Rp500 (nilai penuh) per saham Rp500 (full amount) per share to
menjadi Rp5.000 (nilai penuh) per Rp5,000 (full amount) per share.
saham.
- Saham Seri B dan C dengan nilai - Series B and C shares with a par value
nominal Rp125 (nilai penuh) per of Rp125 (full amount) per share to
saham menjadi Rp1.250 (nilai penuh) Rp1,250 (full amount) per share.
per saham.
- Saham Seri D dengan nilai nominal - Series D shares with a par value of Rp5
Rp5 (nilai penuh) per saham menjadi (full amount) per share to Rp125
Rp125 (nilai penuh) per saham. (full amount) per share.
2. Melakukan reverse stock split, sehingga 2. Conduct reverse stock split, whereby the
jumlah modal dasar Bank sebesar Bank’s authorized share capital
Rp38.000.000 terbagi atas 208.841.497.003 amounting to Rp38,000,000 consisted of
saham dengan rincian sebagai berikut: 208,841,497,003 shares as follows:
- 388.146.231 saham Seri A dengan nilai - 388,146,231 Series A shares with a par
nominal Rp5.000 (nilai penuh) per value of Rp5,000 (full amount) per
saham. share.
- 3.631.648.456 saham Seri B dengan - 3,631,648,456 Series B shares with a
nilai nominal Rp1.250 (nilai penuh) per par value of Rp1,250 (full amount) per
saham. share.
- 5.259.551.544 saham Seri C dengan - 5,259,551,544 Series C shares with a
nilai nominal Rp1.250 (nilai penuh) per par value of Rp1,250 (full amount) per
saham. share.
- 199.562.150.772 saham Seri D dengan - 199,562,150,772 Series D shares with a
nilai nominal Rp125 (nilai penuh) per par value of Rp125 (full amount) per
saham. share.
Pada tanggal 26 Maret 2010, Rapat Umum On March 26, 2010, based on the Bank’s
Pemegang Saham Luar Biasa menyetujui untuk Shareholders’ Extraordinary General Meeting,
mengubah Pasal 4 ayat 2 Anggaran Dasar the shareholders agreed to amend the
Perseroan sehubungan dengan peningkatan Articles of Association article 4(2) related to
Modal Disetor dan Ditempatkan dengan cara the increase in issued and paid-up capital by
pengeluaran saham baru Seri D sejumlah issuing new Series D shares for 6,253,554,529
6.253.554.529 saham dengan nilai nominal shares with a par value of Rp22.50 (full
Rp22,50 (nilai penuh) melalui Penawaran amount) through Limited Public Offering V, as
Umum Terbatas V, sebagaimana tertuang stated in Minutes of Meeting notarized in
dalam Akta Berita Acara Rapat No. 38 tanggal Notarial Deed No. 38 dated March 26, 2010 by
26 Maret 2010 yang dibuat oleh Poerbaningsih Notary Poerbaningsih Adi Warsito, S.H., in
Adi Warsito, S.H., Notaris di Jakarta. Jakarta.
15
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 709
Page 712
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Pada tanggal 27 Juni 2013, Rapat Umum On June 27, 2013, based on the Bank’s
Pemegang Saham Luar Biasa menyetujui untuk Shareholders’ Extraordinary General Meeting,
mengubah Pasal 4 ayat 2 Anggaran Dasar the shareholders agreed to amend the Articles
Perseroan sehubungan dengan peningkatan of Association article 4(2) related to the
Modal Disetor dan Ditempatkan dengan cara increase in issued and paid-up capital by
pengeluaran saham baru Seri D sejumlah issuing new Series D shares for 4,690,165,897
4.690.165.897 saham dengan nilai nominal shares with a par value of Rp22.50 (full
Rp22,50 (nilai penuh) melalui Penawaran amount) through Limited Public Offering VI, as
Umum Terbatas VI, sebagaimana tertuang stated in Minutes of Meeting notarized in
dalam Akta Berita Acara Rapat Notarial Deed No. 107 dated June 27, 2013 by
No. 107 tanggal 27 Juni 2013 yang dibuat oleh Ir. Notary Ir. Nanette Cahyanie Handari Adi
Nanette Cahyanie Handari Adi Warsito, S.H., Warsito, S.H., in Jakarta.
Notaris di Jakarta.
Pada tanggal 28 November 2014, Rapat Umum On November 28, 2014 based on the Bank’s
Pemegang Saham Luar Biasa menyetujui untuk Shareholders’ Extraordinary General Meeting,
mengubah Pasal 4 ayat 2 Anggaran Dasar the shareholders agreed to amend the Articles
Perseroan sehubungan dengan peningkatan of Association article 4(2) related to the
Modal Disetor dan Ditempatkan dengan cara increase in issued and paid-up capital by
pengeluaran saham baru Seri D sejumlah issuing new Series D shares for 6,774,684,073
6.774.684.073 saham dengan nilai nominal shares with a par value of Rp22.50 (full
Rp22,50 (nilai penuh) melalui Penawaran amount) through Limited Public Offering VII, as
Umum Terbatas VII, sebagaimana tertuang stated in Minutes of Meeting notarized in
dalam Akta Berita Acara Rapat No. 127 tanggal Notarial Deed No. 127 dated November 28, 2014
28 November 2014 yang dibuat oleh Aryanti by Notary Aryanti Artisari, S.H., M.Kn., in Jakarta.
Artisari, S.H., M.Kn., Notaris di Jakarta.
Pada tanggal 6 April 2018, Rapat Umum On April 6, 2018 based on the Bank's
Pemegang Saham Luar Biasa menyetujui untuk Shareholders' Extraordinary General Meeting,
mengubah Anggaran Dasar Perseroan the shareholders agreed to amend the Articles
sehubungan dengan peningkatan Modal of Association related to the increase in issued
Disetor dan Ditempatkan dengan cara and paid-up capital by issuing new Series D
pengeluaran saham baru Seri D melalui shares with preemptive rights mechanism
mekanisme Hak Memesan Efek Terlebih Dahulu (Right Issue) for maximum of 12,800,000,000
sebanyak-banyaknya sebesar 12.800.000.000 shares with a nominal value of Rp22.50 (full
saham dengan nilai nominal Rp22,50 (nilai amount) through Limited Public Offering VIII, as
penuh) melalui Penawaran Umum Terbatas VIII, stated in Minutes of Meeting Notarized in
sebagaimana tertuang dalam Akta Berita Notarial Deed No. 8 dated April 6, 2018 by
Acara Rapat No. 8 tanggal 6 April 2018 yang Notary Aulia Taufani, S.H., in Jakarta.
dibuat oleh Aulia Taufani, S.H., Notaris di
Jakarta.
16
710 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 713
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Pada tanggal 31 Maret 2023, Bank On March 31, 2023, the Bank held Shareholders’
menyelenggarakan Rapat Umum Pemegang Annual General Meeting whereby the
Saham Tahunan yang menyetujui untuk shareholders agreed to amend the Articles of
mengubah Anggaran Dasar Perseroan Pasal 10 Association Article 10 regarding Shareholders’
tentang Rapat Umum Pemegang Saham, Pasal General Meeting, Article 11 regarding Venue,
11 tentang Tempat, Pengumuman, Announcement, Invitation, Chairman and
Pemanggilan, Pimpinan dan Berita Acara RUPS, Explanation Agenda of RUPS, Article 14
Pasal 14 tentang Penggabungan, Peleburan, regarding Merger, Acquisition, Takeover,
Pengambilalihan, Pemisahan dan Separation and Dissolution, Article 16 regarding
Pembubaran, Pasal 16 tentang Tugas dan Directors’ Duties and Authorities, Article 23
Wewenang Direksi, Pasal 23 tentang Rencana regarding Working Plan, Book Year and Annual
Kerja, Tahun Buku dan Laporan Tahunan, Pasal Report, Article 24 regarding Utilization of
24 tentang Penggunaan Laba dan Pembagian Income and Dividend Distribution and Article
Dividen dan Pasal 25 tentang Penggunaan 25 regarding the Utilization of Reserve. This
Cadangan. Perubahan ini didokumentasikan amendment was notarized in Notarial Deed No.
pada Akta Notaris No. 103 Tanggal 31 Maret 2023 103 Dated March 31, 2023 by notary Aulia
dari notaris Aulia Taufani S.H., dan telah Taufani S.H., and was approved by the Minister
disetujui oleh Menteri Hukum dan Hak Asasi of Laws and Human Rights of the Republic
Manusia Republik Indonesia melalui Surat Indonesia through letter No.AHU-AH.01.03-
No.AHU-AH.01.03-0049593 tanggal 5 April 2023. 0049593 dated April 5, 2023.
b. Entitas anak dan kantor cabang luar negeri b. Subsidiaries and overseas branch
Entitas anak Subsidiaries
Bank memiliki entitas anak berikut pada The Bank has ownership interests in the
tanggal 31 Desember 2025 dan 2024: following subsidiaries as of December 31, 2025
and 2024:
Tahun operasi Persentase kepemilikan/
1020000 Jenis komersial/ Percentage of ownership
usaha/ Start of
Entitas anak/ Domisili/ Nature of commercial 31 Desember/December 31
Subsidiaries Domicile business operations 2025 2024
PT Maybank Indonesia Jakarta Pembiayaan/ 1991 99,99% 99,99%
Finance Multi-financing
PT Wahana Ottomitra Jakarta Pembiayaan/ 1982 67,49% 67,49%
Multiartha Tbk Multi-financing
Tahun operasi Jumlah aset/Total assets
1020000 Jenis komersial/
usaha/ Start of
Entitas anak/ Domisili/ Nature of commercial 31 Desember/December 31
Subsidiaries Domicile business operations 2025 2024
PT Maybank Indonesia Jakarta Pembiayaan/ 1991 8.894.443 8.234.840
Finance Multi-financing
PT Wahana Ottomitra Jakarta Pembiayaan/ 1982 7.368.668 6.946.341
Multiartha Tbk Multi-financing
17
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 711
Page 714
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Entitas anak dan kantor cabang luar negeri b. Subsidiaries and overseas branch
(lanjutan) (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
PT Maybank Indonesia Finance PT Maybank Indonesia Finance
Sejak berdiri, PT Maybank Indonesia Finance From its establishment, PT Maybank Indonesia
(MIF) telah dimiliki mayoritas oleh Bank dengan Finance (MIF) is majority owned by the Bank
kepemilikan saham 99,99%. with share ownership of 99.99%.
MIF didirikan berdasarkan akta notaris No. 163 MIF was established by virtue of notarial deed
tanggal 13 Februari 1991 dari Ricardus Nangkih No. 163 dated February 13, 1991 of Ricardus
Sinulingga, S.H., notaris di Jakarta. Akta Nangkih Sinulingga, S.H., notary in Jakarta. The
pendirian ini disahkan oleh Menteri Kehakiman Deed of establishment was approved by The
Republik Indonesia dalam Surat Keputusannya Minister of Justice of the Republic of Indonesia
No.C2-2005.HT.01.01 TH91 tanggal 5 Juni 1991 in his Decision Letter
serta dalam Berita Negara Republik Indonesia No.C2-2005.HT.01.01 TH91 dated June 5, 1991 and
No. 78 tambahan No. 4827 tanggal 29 also stated in the State of Gazette No. 78
September 1992. amendment No. 4827 dated September 29,
1992.
Terdapat perubahan anggaran Dasar MIF There is amendment of MIF’s Articles of
dengan akta notaris No. 105 tanggal Association on notarial deed No. 105 dated
18 November 2015 dari Satria Amiputra A., SE, Ak, November 18, 2015 from Satria Amiputra A., SE,
SH, MM, MAk, MEcDev, MH, M.Kn, mengenai Ak, SH, MM, MAk, MEcDev, MH, M.Kn, regarding
perubahan nama Perusahaan dari PT BII the changes of the Company’s name from PT
Finance Center menjadi PT Maybank Indonesia BII Finance Center to PT Maybank Indonesia
Finance dan perubahan dan penyesuaian Finance and changes and adjustments in
pasal No. 3 Anggaran Dasar Perusahaan terkait Article No. 3 of the Article of Association related
dengan perubahan nama dan penyesuaian to the Company’s name changes and
Anggaran Dasar Perusahaan terhadap adjustments to Regulation of Board of Financial
Peraturan Otoritas Jasa Keuangan (POJK) Services Authority (POJK) No.33/POJK.04/2014.
No.33/POJK.04/2014. Perubahan tersebut telah These changes were approved by the Minister
disetujui oleh Menteri Hukum dan Menteri Hak of Laws and Human Rights of the Republic of
Asasi Manusia Republik Indonesia dengan Indonesia in his decision letter No.AHU-
surat keputusannya No.AHU-0947396.AH.01.02 0947396.AH.01.02 Year 2015 dated December 7,
Tahun 2015 tanggal 7 Desember 2015. 2015.
Pada tanggal 30 September 2011, Bank On September 30, 2011, the Bank increased its
melaksanakan penambahan penyertaan share-ownership in MIF by 17,370,000 shares
saham dalam MIF sebesar 17.370.000 saham through exchanging asset in the form of
dengan menggunakan aset inbreng dalam buildings with fair market value of Rp17,370.
bentuk bangunan dengan nilai wajar sebesar Such increase in share-ownership has been
Rp17.370. Penambahan penyertaan tersebut approved by Bank Indonesia as stated
sebelumnya telah disetujui oleh Bank in its letter No.13/104/DPB2/TPB2-5 dated
Indonesia sebagaimana disebutkan dalam July 15, 2011. The amendment of MIF articles of
suratnya No.13/104/DPB2/TPB2-5 tanggal association has been acknowledged and
15 Juli 2011. Perubahan anggaran dasar MIF registered by the Ministry of Laws and Human
telah diterima dan dicatat oleh Kementerian Rights of the Republic of Indonesia in its letter
Hukum dan Hak Asasi Manusia Republik No.AHU-AH.01.10-30085 dated September 22,
Indonesia dengan surat No.AHU-AH.01.10-30085 2011.
tanggal 22 September 2011.
18
712 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 715
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Entitas anak dan kantor cabang luar negeri b. Subsidiaries and overseas branch
(lanjutan) (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
PT Maybank Indonesia Finance (lanjutan) PT Maybank Indonesia Finance (continued)
Terdapat perubahan Anggaran Dasar MIF There is amendment of MIF’s Articles of
dengan akta notaris No. 25 tertanggal 8 Maret Association on notarial deed No. 25 dated
2022 dari Satria Amiputra A., SE, Ak, SH, MM, MAk, March 8, 2022 from Satria Amiputra A., SE, Ak,
MH, M.Kn terkait dengan Pasal 9 Anggaran SH, MM, MAk, MH, M.Kn, related to Article 9 of the
Dasar Perseroan perihal tempat, pemanggilan, Company's Articles of Association regarding
dan pimpinan Rapat Umum Pemegang Saham. the place, summons, and chairman of the
Perubahan tersebut telah disetujui oleh Menteri General Meeting of Shareholders. The
Hukum dan Hak Asasi Manusia Republik amendment has been approved by the
Indonesia dengan surat keputusannya Minister of Law and Human Rights of the
No.AHU-AH.01.03-0162396 Tahun 2022 tanggal 11 Republic of Indonesia in his decision letter
Maret 2022. No.AHU-AH.01.03-0162396 Year 2022 dated
March 11, 2022.
Jumlah karyawan entitas anak per The subsidiary had 916 and 940 employees as
31 Desember 2025 dan 2024 adalah masing- of December 31, 2025 and 2024, respectively.
masing 916 dan 940 karyawan.
PT Wahana Ottomitra Multiartha Tbk PT Wahana Ottomitra Multiartha Tbk
Pada tanggal 16 September 2004, Bank telah On September 16, 2004, the Bank signed a
menandatangani Perjanjian Jual Beli Bersyarat Conditional Sale and Purchase Agreement
(CSPA) untuk mengakuisisi PT Wahana (CSPA) to acquire PT Wahana Ottomitra
Ottomitra Multiartha Tbk (WOM). CSPA ini Multiartha Tbk (WOM). The CSPA was amended
kemudian diubah pada tanggal 8 November on November 8, 2004 and May 3, 2005. The
2004 dan 3 Mei 2005. Akuisisi ini diselesaikan acquisition was completed on
pada tanggal 20 Mei 2005, di mana Bank May 20, 2005, with the Bank acquiring 43% of
mengakuisisi 43% dari jumlah saham yang the issued shares of WOM at a purchase price
dikeluarkan WOM dengan harga perolehan of Rp425,700 and with goodwill amounted to
Rp425.700 dan terdapat goodwill sebesar Rp201,470.
Rp201.470.
Berdasarkan CSPA tersebut, Bank memperoleh Based on the CSPA, the Bank has control over
kendali atas WOM. Oleh karena itu sejak WOM. Thus since the completion date of the
tanggal penyelesaian akuisisi tersebut laporan acquisition, WOM’s financial statements have
keuangan WOM dikonsolidasikan ke dalam been consolidated into the Bank’s consolidated
laporan keuangan konsolidasian Bank. financial statements.
Pada tanggal 18 Mei 2005, Bank telah On May 18, 2005, the Bank signed the
menandatangani perjanjian bersyarat dengan conditional agreement with International
International Finance Corporation (IFC) di Finance Corporation (IFC) where IFC has right
mana IFC memiliki hak untuk menawarkan to offer the Bank to purchase 380,000,000
kepada Bank untuk membeli 380.000.000 shares of WOM (19% ownership in WOM) at a
saham WOM (19% kepemilikan di WOM) pada predetermined price.
harga yang telah ditetapkan sebelumnya.
Pada tanggal 29 Juni 2006, Bank mengakuisisi On June 29, 2006, the Bank acquired an
tambahan 3,99% saham yang dikeluarkan additional 3.99% of the issued shares of WOM
WOM dengan harga perolehan Rp42.075 dan at a purchase price of Rp42,075 and with
terdapat goodwill sebesar Rp18.435. goodwill amounting to Rp18,435.
19
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 713
Page 716
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Entitas anak dan kantor cabang luar negeri b. Subsidiaries and overseas branch
(lanjutan) (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
PT Wahana Ottomitra Multiartha Tbk PT Wahana Ottomitra Multiartha Tbk
(lanjutan) (continued)
Pada tanggal 28 Juni 2007, Bank mengakuisisi On June 28, 2007, the Bank acquired an
tambahan 3,04% saham yang dikeluarkan additional 3.04% of the issued shares of WOM
WOM dengan harga perolehan Rp33.473 dan at a purchase price of Rp33,473 and with
terdapat goodwill sebesar Rp15.162. goodwill amounted to Rp15,162.
Melalui surat Bank Indonesia Based on Bank Indonesia letter
No.7/24/DPwB1/PwB14/Rahasia tanggal 29 April No.7/24/DPwB1/PwB14/Rahasia dated April 29,
2005, No.8/9/DPB2/TPB2-1/Rahasia tanggal 23 2005, No.8/9/DPB2/TPB2-1/Rahasia dated June
Juni 2006 dan No.9/106/DPB2/TPB2-5 tanggal 23, 2006 and No.9/106/DPB2/TPB2-5 dated
27 Juni 2007 Bank telah mendapatkan June 27, 2007 the Bank has obtained approval
persetujuan dari Bank Indonesia atas akuisisi from Bank Indonesia for the acquisition of
WOM. WOM.
Pada tanggal 4 Juli 2011, Bank melaksanakan On July 4, 2011, the Bank increased its share-
penambahan penyertaan saham dalam WOM ownership in WOM by purchasing 239,400,000
dengan membeli sejumlah 239.400.000 saham shares owned by IFC representing 11.97% shares
milik IFC yang merupakan 11,97% dari total of the total issues shares in WOM. The total
saham yang telah dikeluarkan dalam WOM. purchase price is Rp125,110 including fee cost
Harga pembelian keseluruhan adalah Rp125.110 amounting Rp276. Such increase in share-
termasuk biaya transaksi sebesar Rp276. ownership has been approved by Bank
Penambahan penyertaan tersebut Indonesia as stated in its letter
sebelumnya telah disetujui oleh Bank Indonesia No.13/23/DPB-2/TPB2-5 dated February 7, 2011.
sebagaimana disebutkan dalam suratnya
No.13/23/DPB-2/TPB2-5 tanggal 7 Februari 2011.
Perubahan dalam bagian kepemilikan Bank An increase or decrease in the Bank’s
pada entitas anak yang tidak mengakibatkan ownership interest that does not result in a loss
hilangnya pengendalian dicatat sebagai of control is accounted for as an equity
transaksi ekuitas, dalam hal ini transaksi transaction, i.e. a transaction with owners in
dengan pemilik dalam kapasitasnya sebagai their capacity as owners. Any difference
pemilik. Sehingga setiap perbedaan antara between the amount by which the non-
jumlah kepentingan non-pengendali controlling interests are adjusted and their fair
disesuaikan dan nilai wajar imbalan yang value of the consideration paid or received
diberikan atau diterima diakui secara langsung shall be recognized directly in equity and
dalam ekuitas dan diatribusikan pada pemilik attributed to the owners of the parent. The
entitas induk. Selisih perbedaan angka tercatat difference in non-controlling value with the fair
kepentingan non-pengendali dengan nilai value of consideration paid on the additional
wajar imbalan yang diberikan atas tambahan 11.97% WOM shares amounted to Rp73,681 is
saham WOM sebesar 11,97% sejumlah recorded as “Difference in Transaction
Rp73.681 dicatat sebagai “Selisih Transaksi between Shareholders of a Subsidiary”.
antara Pemegang Saham Entitas Anak”.
20
714 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 717
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Entitas anak dan kantor cabang luar negeri b. Subsidiaries and overseas branch
(lanjutan) (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
PT Wahana Ottomitra Multiartha Tbk PT Wahana Ottomitra Multiartha Tbk
(lanjutan) (continued)
Pada bulan Maret 2015, Bank mengakuisisi In March 2015, the Bank acquired an additional
tambahan 6,55% saham yang dikeluarkan 6.55% of the issued shares of WOM at a
WOM dengan harga perolehan Rp154.797 dan purchase price of Rp154,797 and with
terdapat penurunan ”Selisih Transaksi antara “Difference in Transaction between
Pemegang Saham Entitas Anak” sebesar Shareholders of a Subsidiary” decreased by
Rp16.368. Rp16,368.
Pada tanggal 11 Januari 2017, Bank telah On January 11, 2017, Bank has entered into a
menandatangani Perjanjian Pembelian Saham Conditional Shares Purchase Agreement (CSPA)
Bersyarat (CSPA) dengan PT Reliance Capital with PT Reliance Capital Management (RCM). The
Management (RCM). Penandatanganan CSPA ini signing of this CSPA purports to sell, transfer and
bertujuan untuk menjual, memindahtangankan deliver all shares of PT Wahana Ottomitra
dan mengalihkan seluruh saham yang dimiliki Multiartha Tbk (WOM) owned by the Bank to RCM
Bank pada PT Wahana Ottomitra Multiartha Tbk amounting to 2,386,646,729 shares which
(WOM) kepada RCM sebanyak 2.386.646.729 constitute 68.55% of the total issued and paid-up
lembar saham yang merupakan 68,55% dari total shares of WOM (Transfer of Shares).
saham yang ditempatkan dan disetor penuh
pada WOM (Pengalihan Saham).
Sejak tanggal 3 Mei 2017, Perjanjian Pembelian Since May 3, 2017, the Conditional Shares
Saham Bersyarat (Conditional Shares Purchase Agreement (CSPA) between the Bank
Purchase Agreement, “CSPA”) antara Bank dan and PT Reliance Capital Management (RCM)
PT Reliance Capital Management (“RCM”) yang signed on January 11, 2017 had been terminated
telah ditandatangani pada tanggal because up to April 30, 2017 several precedent
11 Januari 2017 telah berakhir karena hingga conditions had not been fulfilled. The
tanggal 30 April 2017 beberapa persyaratan termination status of this CSPA since May
pendahuluan belum dapat dipenuhi. Status 3, 2017 had been enforced and approved by
berakhirnya CSPA ini sejak tanggal Indonesian National Arbitration Council (BANI)
3 Mei 2017 telah dikuatkan dan disahkan oleh based on the arbitration decision dated May 4,
Badan Arbitrase Nasional Indonesia (BANI) 2018. However, there still remains ongoing legal
berdasarkan putusan arbitrase tertanggal 4 proceedings on this matter being brought by
Mei 2018. Namun, masih terdapat proses both parties in various jurisdictions. A further
hukum yang sedang berjalan terkait hal ini legal proceeding brought against the Bank by
yang diajukan oleh kedua belah pihak di RCM at the Central Jakarta District Court has
berbagai lembaga yuridiksi. Proses hukum been dismissed by the Central Jakarta District
lebih lanjut terhadap Bank yang diajukan oleh Court on September 12, 2018.
RCM di Pengadilan Negeri Jakarta Pusat telah
ditolak oleh Pengadilan Negeri Jakarta Pusat
pada tanggal 12 September 2018.
21
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 715
Page 718
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Entitas anak dan kantor cabang luar negeri b. Subsidiaries and overseas branch
(lanjutan) (continued)
Entitas anak (lanjutan) Subsidiaries (continued)
PT Wahana Ottomitra Multiartha Tbk PT Wahana Ottomitra Multiartha Tbk
(lanjutan) (continued)
Pada 30 Januari 2019, Perjanjian Perdamaian On January 30, 2019, a Settlement Agreement
telah ditandatangani oleh Bank dan RCM di was signed between the Bank and RCM
mana kedua belah pihak setuju untuk whereby both parties agree to drop all legal
membatalkan semua proses hukum dan proceedings and the return of RCM's deposit by
pengembalian simpanan RCM oleh Bank. RCM the Bank. RCM concurs that the CSPA has been
menyetujui bahwa CSPA telah dihentikan sejak terminated since May 3, 2017.
3 Mei 2017.
Dengan diakhirinya CSPA, Bank tetap secara Upon the CSPA termination, the Bank legally hold
sah memiliki 2.386.646.729 lembar saham yang 2,386,646,729 shares which constitute 68.55% of
mewakili 68,55% saham yang telah disetor dan the total issued and paid-up shares of WOM.
ditempatkan dalam WOM. WOM akan tetap WOM is still the Bank’s controlled subsidiary
merupakan anak perusahaan yang based on the prevailing laws and regulations.
dikendalikan oleh Bank berdasarkan peraturan
perundang-undangan yang berlaku.
Pada tanggal 24 Maret 2021, Bank telah On March 24, 2021, the Bank completed the
memindahkan 1,06% kepemilikan saham WOM transfer of 1.06% equity interest in WOM to a
kepada pihak ketiga. Pemindahan tersebut third party investor. The transfer was
dilakukan dalam rangka mematuhi ketentuan undertaken to ensure compliance with the IDX
BEI No.I-A Kep-00183/BEI/12-2018 Ketentuan V.1. Regulation No.I-A Kep-00183/BEI/12-2018
mengenai batas minimum jumlah saham yang Regulation V.1. regarding minimum free float
dimiliki publik. Namun, Bank tetap requirement for public. However, the Bank
mempertahankan eksposur ekonomisnya. continues to retains its economic
Oleh karena itu, pemindahan kepemilikan exposure. Therefore, the transfer has not
tersebut tidak menyebabkan penurunan resulted in a decrease in the Bank’s effective
kepentingan efektif Bank pada WOM. interest in WOM.
Jumlah karyawan tetap entitas anak per The subsidiary had 2,066 and 2,268 permanent
31 Desember 2025 dan 2024 masing-masing employees as of December 31, 2025 and 2024,
adalah 2.066 dan 2.268 karyawan. respectively.
Kantor cabang luar negeri Overseas branch
Bank memiliki lisensi operasional untuk cabang The Bank has operating licenses for the
di luar Indonesia, yakni: Mumbai (cabang following overseas branch: Mumbai (operating
operasional). branch).
Laporan keuangan cabang Bank di luar negeri The financial statements of the overseas
telah digabung dalam laporan keuangan Bank. branches were combined with the Bank’s
financial statements.
22
716 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 719
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek Bank c. Public offering of the Bank’s shares
Pada bulan Oktober 1989, Bank menjual 12 juta In October 1989, the Bank sold 12 million Series
lembar saham Seri A dengan nilai nominal A shares with a par value of Rp1,000 (full
Rp1.000 (nilai penuh) per saham kepada amount) per share to the public through the
masyarakat melalui pasar modal di Indonesia capital market in Indonesia, in accordance
sesuai dengan ketentuan Undang-undang with the prevailing Capital Market Law.
Pasar Modal yang berlaku. Penjualan saham The Bank has received a notice
Seri A kepada masyarakat ini telah of effectivity from the Capital Market
memperoleh pernyataan efektif dari Badan Supervisory Agency (“BAPEPAM”) through
Pengawas Pasar Modal (“BAPEPAM”) melalui its letter No.SI-058/SHM/MK.10/189 dated
suratnya No.SI-058/SHM/MK.10/189 tanggal October 2, 1989 for the sale of Series A shares
2 Oktober 1989. to the public.
Pada bulan Februari 1994, Bank melakukan In February 1994, the Bank executed Limited
Penawaran Umum Terbatas I kepada para Public Offering I (“right issue I”) to the
pemegang sahamnya (“rights issue I”). Dalam Shareholders. Through this limited public
penawaran ini telah diterbitkan sejumlah offering, 52,717,184 Series A shares had been
52.717.184 saham Seri A dengan nilai nominal issued with a par value of Rp1,000 (full amount)
Rp1.000 (nilai penuh) per saham, di mana per share in which, each holder of every five
ditentukan bahwa setiap pemegang lima Series A shares had the right to purchase one
saham Seri A mempunyai hak untuk memesan new Series A share at Rp4,000 (full amount) per
satu saham Seri A dengan harga Rp4.000 (nilai share. The rights issue I had been approved by
penuh) per saham. Penawaran Umum the shareholders in the Shareholders’
Terbatas I ini telah mendapat persetujuan dari Extraordinary General Meeting held on January
para pemegang saham dalam Rapat Umum 25, 1994. The Bank has received a notice of
Pemegang Saham Luar Biasa yang diadakan effectiveness from the BAPEPAM through its
pada tanggal 25 Januari 1994, dan Decision Letter No.S-130/PM/1994 dated
memperoleh pernyataan efektif dari BAPEPAM January 24, 1994.
melalui Surat Keputusannya No.S-130/PM/1994
tanggal 24 Januari 1994.
Pada bulan Februari 1997, Bank melakukan In February 1997, the Bank sold 1,289,579,469
Penawaran Umum Terbatas II kepada para Series A shares through Limited Public Offering
pemegang sahamnya (“rights issue II”) II (“rights issue II”), in which 286,573,215 Series I
sejumlah 1.289.579.469 saham Seri A di mana warrants were attached. In this offering, each
melekat sejumlah 286.573.215 waran Seri I. holder of 27 Series A shares received a pre-
Setiap pemegang 27 saham Seri A mempunyai emptive rights for 18 new Series A shares with a
Hak Memesan Efek Terlebih Dahulu untuk 18 subscription price of Rp750 (full amount) per
saham baru Seri A dengan harga Rp750 (nilai share, and four Series I warrants were attached
penuh) per saham. Disamping itu, pada setiap to each group of 18 newly issued Series A
18 saham baru Seri A melekat empat Waran shares, free of charge. The subscription right
Seri I yang diberikan secara cuma-cuma. was exercisable in multiples of 9 Series A
Pemesanan pembelian akan dilakukan dalam shares for Rp6,750 (full amount). The total
kelipatan 9 saham Seri A senilai Rp6.750 (nilai proceeds from this rights issue II amounted to
penuh). Jumlah dana yang diperoleh dari Rp967,185. This rights issue II was approved by
Penawaran Umum Terbatas II ini adalah the shareholders in their Shareholders’
sebesar Rp967.185. Penawaran Umum Terbatas Extraordinary General Meeting held on
II ini telah mendapat persetujuan dari para December 27, 1996. The Bank received a notice
pemegang saham dalam Rapat Umum of effectivity from the BAPEPAM through its
Pemegang Saham Luar Biasa yang diadakan Decision Letter No.S-2093/PM/1996 dated
pada tanggal 27 Desember 1996. Bank December 28, 1996 for this rights issue II.
memperoleh pernyataan efektif dari BAPEPAM
melalui Surat Keputusannya No.S-
2093/PM/1996 tanggal 28 Desember 1996.
23
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 717
Page 720
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek Bank (lanjutan) c. Public offering of the Bank’s shares
(continued)
Bank mengadakan Rapat Umum Pemegang The Bank held a Shareholders’ Extraordinary
Saham Luar Biasa pada tanggal General Meeting on March 31, 1999 where the
31 Maret 1999 untuk menyetujui rencana shareholders approved the Limited Public
Penawaran Umum Terbatas III kepada para Offering III (“rights issue III”) plans for
pemegang sahamnya (“rights issue III”). Dalam 62,101,383,408 new shares (Series B shares with
penawaran ini diterbitkan sejumlah 62.101.383.408 a par value of Rp125 (full amount) per share)
saham baru (Seri B dengan nilai nominal Rp125 and 7,762,672,926 Series II warrants. The Bank
(nilai penuh) per saham) dan 7.762.672.926 received a notice of effectivity from the
waran Seri II. Bank memperoleh pernyataan BAPEPAM for rights issue III through its Decision
efektif dari BAPEPAM untuk Penawaran Umum Letter No.S-434/PM/1999 on March 30, 1999,
Terbatas III melalui Surat Keputusannya No.S- and for the continuation of rights issue III
434/PM/1999 tanggal 30 Maret 1999 dan untuk through its Decision Letter
Penawaran Umum Terbatas III Lanjutan melalui No.S-857/PM/1999 dated June 8, 1999. The total
Surat Keputusannya No.S-857/PM/1999 tanggal 8 proceeds from the rights issue III amounted to
Juni 1999. Jumlah dana yang diperoleh dari Rp4,486,424 (for 35,891,396,568 Series B shares
Penawaran Umum Terbatas III ini adalah sebesar and 4,486,424,571 Series II warrants), which
Rp4.486.424 (untuk 35.891.396.568 saham Seri B were received by the Bank in April and June
dan 4.486.424.571 waran Seri II) dan telah diterima 1999.
oleh Bank pada bulan April dan Juni 1999.
Pada tanggal 20 Mei 2002, Bank telah On May 20, 2002, the Bank
mengajukan Pernyataan Pendaftaran kepada submitted a Statement of Registration
BAPEPAM melalui surat No.2002.100/CMT-COC No.2002.100/CMT-COC to the BAPEPAM
sehubungan dengan rencana rights issue atau regarding its plan for a rights issue or Limited
Penawaran Umum Terbatas IV dalam rangka Public Offering IV with pre-emptive rights to the
Penerbitan Hak Memesan Efek Terlebih Dahulu shareholders of 38,973,254,169 shares with a
kepada para pemegang saham sebanyak par value of Rp125 (full amount) per share. The
38.973.254.169 saham dengan nilai nominal Bank received a notice of effectivity from the
Rp125 (nilai penuh) per saham. Bank BAPEPAM through its Decision Letter
memperoleh pernyataan efektif dari BAPEPAM No.S-1304/ PM/2002 on June 17, 2002 for this
untuk Penawaran Umum Terbatas IV melalui Limited Public Offering IV. On
Surat Keputusannya No.S-1304/PM/2002 June 18, 2002, the Bank held a Shareholders’
tanggal 17 Juni 2002. Pada tanggal 18 Juni 2002, Extraordinary General Meeting whereby the
Bank mengadakan Rapat Umum Pemegang shareholders approved the execution of the
Saham Luar Biasa untuk menyetujui Limited Public Offering IV (“rights issue IV”). The
pelaksanaan Penawaran Umum Terbatas IV total proceeds from the Limited Public Offering
kepada para pemegang sahamnya (“rights IV held from July 11, 2002 up to July 18, 2002
issue IV”). Jumlah dana yang diperoleh dari amounted to Rp4,813,000 (for 38,504,000,000
Penawaran Umum Terbatas IV yang Series D shares), of which Rp68,827 (for
dilaksanakan pada tanggal 11 Juli 2002 sampai 550,618,490 Series D shares) was raised from
18 Juli 2002 adalah sebesar Rp4.813.000 (untuk the public and Rp4,744,173 (for 37,953,381,510
38.504.000.000 saham Seri D), yang mana Series D shares) was raised from the
sebesar Rp68.827 (untuk 550.618.490 saham Government through the Indonesian Bank
Seri D) diperoleh dari masyarakat dan sebesar Restructuring Agency, who acted as the
Rp4.744.173 (untuk 37.953.381.510 saham Seri D) standby buyer. The proceeds from this rights
diperoleh dari Pemerintah melalui Badan issue IV were received by the Bank in July 2002.
Penyehatan Perbankan Nasional yang
bertindak sebagai pembeli siaga (standby
buyer). Dana yang diperoleh dari Penawaran
Umum Terbatas IV ini telah diterima oleh Bank
pada bulan Juli 2002.
24
718 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 721
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek Bank (lanjutan) c. Public offering of the Bank’s shares
(continued)
Pada tanggal 19 Februari 2010 melalui surat On February 19, 2010, through letter
No.S.2010.120/DIR LEGAL COMP & OTB dan No.S.2010.120/DIR LEGAL COMP & OTB and March
tanggal 18 Maret 2010 melalui surat 18, 2010 through letter No.S.2010.190/DIR LEGAL
No.S.2010.190/DIR LEGAL COMP & OTB, Bank telah COMP & OTB, the Bank submitted a Statement
mengajukan Pernyataan Pendaftaran kepada of Registration to the BAPEPAM regarding its
BAPEPAM sehubungan dengan rencana rights plan for a rights issue or Limited Public Offering
issue atau Penawaran Umum Terbatas V V with pre-emptive rights to the shareholders
dalam rangka Penerbitan Hak Memesan Efek of 6,253,554,529 Series D shares with a par
Terlebih Dahulu kepada para pemegang value of Rp22.50 (full amount) per share. The
saham sebanyak 6.253.554.529 saham Seri D Bank received a notice of effectivity from the
dengan nilai nominal Rp22,50 (nilai penuh) per BAPEPAM through its Decision Letter
saham. Bank memperoleh pernyataan efektif No.S-2725/BL/2010 dated March 26, 2010. This
dari BAPEPAM untuk Penawaran Umum Limited Public Offering V was approved by the
Terbatas V melalui Surat Keputusannya No.S- shareholders in the Shareholders’ Extraordinary
2725/BL/2010 tanggal 26 Maret 2010. General Meeting held on
Penawaran Umum Terbatas V ini telah March 26, 2010. The proceeds from this rights
mendapat persetujuan dari para pemegang issue V amounted to Rp1,407,050 (for
saham dalam Rapat Umum Pemegang Saham 6,253,554,529 Series D shares), which were
Luar Biasa pada tanggal 26 Maret 2010. Jumlah received by the Bank in April 2010. Part of the
dana yang diperoleh dari Penawaran Umum proceeds amounting to Rp4,477 is used for
Terbatas V ini adalah sebesar Rp1.407.050 share issuance costs.
(untuk 6.253.554.529 saham Seri D) dan telah
diterima oleh Bank pada bulan April 2010.
Sebagian dari dana diperoleh sebesar Rp4.477
digunakan sebagai biaya emisi efek ekuitas.
Pada tanggal 26 Maret 2013 melalui surat On March 26, 2013, through letter
No.S.2013.036/DIR FIN, tanggal 24 April 2013 No.S.2013.036/DIR FIN, April 24, 2013 through
melalui surat No.S.2013.50/DIR FIN dan tanggal letter No.S.2013.50/DIR FIN, and
21 Juni 2013 melalui surat No.S.2013.374/DIR June 21, 2013 through letter
COMPLIANCE, Bank telah mengajukan No.S.2013.374/DIR COMPLIANCE, the Bank
Pernyataan Pendaftaran kepada Otoritas Jasa submitted a Statement of Registration to the
Keuangan (“OJK”) sehubungan dengan Financial Services Authority (“OJK”) regarding
rencana rights issue atau Penawaran Umum its plan for a rights issue or Limited Public
Terbatas VI dalam rangka Penerbitan Hak Offering VI with pre-emptive rights to the
Memesan Efek Terlebih Dahulu kepada shareholders of 4,690,165,897 Series D shares
para pemegang saham sebanyak with a par value of Rp22.50 (full amount) per
4.690.165.897 saham Seri D dengan nilai nominal share. The Bank received a notice of effectivity
Rp22,50 (nilai penuh) per saham. Bank from the OJK through its Decision Letter
memperoleh pernyataan efektif dari OJK untuk No.S-187/D.04/2013 dated June 26, 2013. This
Penawaran Umum Terbatas VI melalui Surat Limited Public Offering VI was approved by the
Keputusannya No.S-187/D.04/2013 tanggal 26 shareholders in the Shareholders’ Extraordinary
Juni 2013. Penawaran Umum Terbatas VI ini telah General Meeting held on June 27, 2013. The
mendapat persetujuan dari para pemegang proceeds from this rights issue VI amounted to
saham dalam Rapat Umum Pemegang Saham Rp1,500,854 (for 4,690,165,897 Series D Shares),
Luar Biasa pada tanggal 27 Juni 2013. Jumlah which were received by the Bank in July 2013.
dana yang diperoleh dari Penawaran Umum Part of the proceeds amounting to Rp4,702 is
Terbatas VI ini adalah sebesar Rp1.500.854 used for share issuance costs.
(untuk 4.690.165.897 saham seri D) dan telah
diterima oleh Bank pada bulan Juli 2013.
Sebagian dari dana diperoleh sebesar Rp4.702
digunakan sebagai biaya emisi efek ekuitas.
25
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 719
Page 722
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek Bank (lanjutan) c. Public offering of the Bank’s shares
(continued)
Pada tanggal 23 Oktober 2014 melalui surat On October 23, 2014, through letter
No.S.2014.644/DIR COMPLIANCE dan tanggal 19 No.S.2014.644/DIR COMPLIANCE and November
November 2014 melalui surat 19, 2014 through letter
No.S.2014.738/DIR COMPLIANCE, Bank telah No.S.2014.738/DIR COMPLIANCE, the Bank
mengajukan Pernyataan Pendaftaran kepada submitted a Statement of Registration to the
OJK sehubungan dengan rencana rights OJK regarding its plan for a rights issue or
issue atau Penawaran Umum Terbatas VII Limited Public Offering VII with pre-emptive
dalam rangka Penerbitan Hak Memesan Efek rights to the shareholders of 6,774,684,073
Terlebih Dahulu kepada para pemegang Series D shares with a par value of Rp22.50 (full
saham sebanyak 6.774.684.073 saham Seri D amount) per share. The Bank received a notice
dengan nilai nominal Rp22,50 (nilai penuh) per of effectivity from the OJK through its Decision
saham. Bank memperoleh pernyataan efektif Letter No.S-493/D.04/2014 dated November 27,
dari OJK untuk Penawaran Umum Terbatas VII 2014. This Limited Public Offering VII was
melalui Surat Keputusannya No.S- approved by the shareholders in the
493/D.04/2014 tanggal 27 November 2014. Shareholders’ Extraordinary General Meeting
Penawaran Umum Terbatas VII ini telah held on November 28, 2014. The proceeds from
mendapat persetujuan dari para pemegang this rights issue VII amounted to Rp1,497,205
saham dalam Rapat Umum Pemegang Saham (for 6,774,684,073 Series D Shares), which were
Luar Biasa pada tanggal 28 November 2014. received by the Bank in December 2014. Part of
Jumlah dana yang diperoleh dari Penawaran the proceeds amounting to Rp8,238 is used for
Umum Terbatas VII ini adalah sebesar share issuance costs.
Rp1.497.205 (untuk 6.774.684.073 saham seri D)
dan telah diterima oleh Bank pada bulan
Desember 2014. Sebagian dari dana diperoleh
sebesar Rp8.238 digunakan sebagai biaya
emisi efek ekuitas.
Pada tanggal 11 April 2018 melalui surat On April 11, 2018, through its letter
No.S.2018.249/DIR COMPLIANCE, Bank telah No.S.2018.249/DIR COMPLIANCE, the Bank
mengajukan Pernyataan Pendaftaran kepada submitted the Registration Statement to OJK
OJK sehubungan dengan Penawaran Umum regarding the plan for Limited Public Offering
Terbatas VIII dalam rangka Penambahan VIII for Capital Increase with pre-emptive rights
Modal dengan Hak Memesan Efek Terlebih (Right issues) to the shareholders maximum of
Dahulu (HMETD/Rights issue) kepada para 12,800,000,000 Series D shares with a par value
pemegang saham sebanyak-banyaknya of Rp22.50 (full amount) per share.
sebesar 12.800.000.000 saham Seri D dengan
nilai nominal Rp22,50 (nilai penuh) per saham.
26
720 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 723
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek Bank (lanjutan) c. Public offering of the Bank’s shares
(continued)
Pada tanggal 4 Mei 2018 melalui surat On May 4, 2018, through its letter
No.S.2018.437/DIR FIN, Bank telah No.S.2018.437/DIR FIN, the Bank submitted
menyampaikan keterangan tambahan/ additional information/ amendments to the
perubahan atas Pernyataan Pendaftaran Registration Statement in connection with the
sehubungan dengan Penawaran Umum Limited Public Offering VIII for Capital Increase
Terbatas VIII dalam rangka Penambahan with Pre-emptive Rights (Rights issue) in which
Modal dengan Hak Memesan Efek Terlebih the number of shares to be issued is
Dahulu (HMETD/Rights issue) di mana jumlah 8,468,355,091 Series D shares with a nominal
saham yang akan diterbitkan sebesar value of Rp22.50 per share.
8.468.355.091 saham Seri D dengan nilai
nominal Rp22,50 per saham.
Bank memperoleh Surat Pernyataan Efektif dari The Bank received the Effective Statement
OJK atas Penawaran Umum Terbatas VIII Letter from the OJK for the Right Issue VIII
melalui Surat OJK No.S-52/D.04/2018 tanggal through its Letter No.S-52/D.04/2018 dated
21 Mei 2018. May 21, 2018.
Jumlah dana yang diperoleh dari Penawaran The proceeds from this Rights Issue VIII
Umum Terbatas VIII ini adalah sebesar amounted to Rp1,998,532 (for 8,468,355,091
Rp1.998.532 (untuk 8.468.355.091 saham seri D) Series D Shares) were received by the Bank in
telah diterima oleh Bank pada bulan June 2018. Part of the proceeds amounting to
Juni 2018. Sebagian dari dana diperoleh Rp6,205 were used for share issuance costs.
sebesar Rp6.205 digunakan sebagai biaya
emisi efek ekuitas.
Pada tanggal 31 Desember 2025 dan 2024 As of December 31, 2025 and 2024 all of the
seluruh saham Bank (maksimum 99% sesuai Bank’s shares (maximum of 99% based on
dengan Peraturan Pemerintah No. 29 tahun Government Regulation No. 29 of 1999) or
1999) atau masing-masing sejumlah 75,357,433,911 and 75,357,433,911 shares,
75.357.433.911 dan 75.357.433.911 saham telah respectively, were listed on the Indonesia Stock
dicatatkan pada Bursa Efek Indonesia (BEI). Exchange (IDX).
27
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 721
Page 724
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Susunan pengurus Bank d. Composition of the Bank’s management
Susunan Dewan Komisaris pada tanggal The composition of the Board
31 Desember 2025 dan 2024 adalah sebagai of Commissioners as of December 31, 2025 and
berikut: 2024 are as follows:
31 Desember/December 31, 2025
Presiden Komisaris Dato' Sri Khairussaleh Ramli President Commissioner
Komisaris Edwin Gerungan Commissioner
Komisaris Datuk Lim Hong Tat Commissioner
Komisaris Dato’ Zulkiflee Abbas Abdul Hamid Commissioner
Komisaris Independen Hendar Independent Commissioner
Komisaris Independen Putut Eko Bayuseno Independent Commissioner
Komisaris Independen Marina R. Tusin Independent Commissioner
Komisaris Independen Daniel James Rompas Independent Commissioner
31 Desember/December 31, 2024
Presiden Komisaris Dato' Sri Khairussaleh Ramli President Commissioner
Komisaris Edwin Gerungan Commissioner
Komisaris Datuk Lim Hong Tat Commissioner
Komisaris Dato’ Zulkiflee Abbas Abdul Hamid Commissioner
Komisaris Independen Achjar Iljas**) Independent Commissioner
Komisaris Independen Hendar Independent Commissioner
Komisaris Independen Putut Eko Bayuseno Independent Commissioner
Komisaris Independen Marina R. Tusin Independent Commissioner
Komisaris Independen Daniel James Rompas*) Independent Commissioner
*) Pengangkatan Daniel James Rompas sebagai Komisaris *) The appointment of Daniel James Rompas as Independent
Independen telah efektif menjabat sebagai Komisaris Commissioner of the Company has effectively served as the
Independen Perseroan sejak 3 Januari 2025. Company’s Independent Commissioner since January 3, 2025.
**) Masa jabatan Achjar Iljas sebagai Komisaris Independen **) Achjar Iljas' term of office as the Company's Independent
Perseroan berakhir sejak ditutupnya Rapat Umum Pemegang Commissioner ends at the close of the Company's Annual
Saham Tahunan Perseroan yang diselenggarakan pada General Meeting of Shareholders held on 11 April 2025.
tanggal 11 April 2025
Susunan Direksi pada tanggal 31 Desember The composition of the Board of Directors as of
2025 dan 2024 adalah sebagai berikut: December 31, 2025 and 2024, are as follows:
31 Desember/December 31
Presiden Direktur Steffano Ridwan President Director
Direktur Keuangan Shaiful Adhli Yazid Finance Director
Direktur Sumber Daya Manusia Irvandi Ferizal Human Capital Director
Direktur Manajemen Risiko Effendi Risk Management Director
Direktur Hukum & Kepatuhan Yessika Effendi Legal & Compliance Director
Direktur Operasional Widya Permana Operations Director
Direktur Community Financial Services Bianto Surodjo Community Financial Services Director
Direktur Perbankan Global Ricky Antariksa Global Banking Director
Direktur Teknologi Informasi Bambang Andri Irawan Information Technology Director
Direktur Unit Usaha Syariah Romy Hardiansyah Sharia Business Unit Director
28
722 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 725
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Susunan pengurus Bank (lanjutan) d. Composition of the Bank’s management
(continued)
Susunan Dewan Pengawas Syariah Bank pada The composition of the Sharia Supervisory
tanggal 31 Desember 2025 dan 2024 adalah Board as of December 31, 2025 and 2024, are
sebagai berikut: as follows:
31 Desember/December 31, 2025
Ketua M. Sa'ad Ih Chairman
Anggota Sodikun Member
Anggota Ahmad Satori Member
31 Desember/December 31 , 2024
Ketua Muhammad Anwar Ibrahim*) Chairman
Ketua M. Sa'ad Ih*) Chairman
Anggota Sodikun Member
Anggota Ahmad Satori Member
*) Muhammad Anwar Ibrahim tetap dapat melaksanakan *) Muhammad Anwar Ibrahim may continue to carry out his
jabatan dan kewenangannya sebagai Ketua Dewan Pengawas position and authority as Chairman of the Company's Sharia
Syariah Perseroan sampai dengan M. Sa’ad Ih telah efektif Supervisory Board until M. Sa’ad Ih has effectively carried out
menjalankan jabatan dan kewenangan sebagai Ketua Dewan his position and authority as Chairman of the Company’s
Pengawas Syariah Perseroan setelah memenuhi semua Sharia Supervisory Board after fulfilling all requirements based
persyaratan berdasarkan peraturan perundangan yang on applicable laws and regulations. With the effectiveness of M.
berlaku. Dengan telah efektifnya M. Sa’ad Ih dalam Sa'ad Ih as Chairman of the Company's Sharia Supervisory
menjalankan jabatan dan kewenangan sebagai Ketua Dewan Board on 9 January 2025, Muhammad Anwar Ibrahim's position
Pengawas Syariah Perseroan pada tanggal 9 Januari 2025, and authority as Chairman of the Company's Sharia
maka jabatan dan kewenangan Muhammad Anwar Ibrahim Supervisory Board has ended.
sebagai Ketua Dewan Pengawas Syariah Perseroan berakhir.
Susunan Komite Audit Bank pada tanggal The Bank’s Audit Committee as of December 31,
31 Desember 2025 dan 2024 adalah sebagai 2025 and 2024, are as follows:
berikut:
31 Desember/December 31, 2025
Ketua Hendar Chairman
Anggota Daniel James Rompas Member
Anggota Putut Eko Bayuseno Member
Anggota Ahmad Satori Member
Anggota Yetti Septirawati Member
Sekretaris Eksekutif/ Executive Secretary/
Anggota Dawny Rachella Tahar Member
29
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 723
Page 726
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Susunan pengurus Bank (lanjutan) d. Composition of the Bank’s management
(continued)
Susunan Komite Audit Bank pada tanggal The Bank’s Audit Committee as of December 31,
31 Desember 2025 dan 2024 adalah sebagai 2025 and 2024, are as follows: (continued)
berikut: (lanjutan)
31 Desember/December 31 , 2024
Ketua Achjar Iljas Chairman
Anggota Hendar Member
Anggota Putut Eko Bayuseno Member
Anggota Yetti Septirawati Member
Sekretaris Eksekutif/ Executive Secretary/
Anggota Dawny Rachella Tahar Member
Per tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, Corporate
Sekretaris Perusahaan Bank adalah Putu Secretary of the Bank is Putu Dewika
Dewika Angganingrum berdasarkan Surat Angganingrum based on Board of Directors
Keputusan Direksi No.SK.2024.001/DIR Decree No.SK.2024.001/DIR COMPLIANCE dated
COMPLIANCE tanggal 1 April 2024. Per tanggal 31 April 1, 2024. As of December 31, 2023, Corporate
Desember 2023, Sekretaris Perusahaan Bank Secretary of the Bank is Muhamadian based on
adalah Muhamadian berdasarkan Surat Board of Directors Decree No.SK.2023.002/DIR
Keputusan Direksi No.SK.2023.002/DIR COMPLIANCE dated March 21, 2023.
COMPLIANCE tanggal 21 Maret 2023.
Per tanggal 31 Desember 2025 dan 2024, Kepala As of December 31, 2025 and 2024, the Internal
Satuan Kerja Audit Intern (SKAI) adalah Audit Unit (SKAI) Head is Hariseno Acharyama
Hariseno Acharyama berdasarkan Surat based on the Board of Directors Decree
Keputusan Direksi No.SK.PERS.2019.0857/ DIRHC No.SK.PERS.2019.0857/ DIRHC dated May 1, 2019.
tanggal 1 Mei 2019.
Pengangkatan Daniel James Rompas sebagai The appointment of Daniel James Rompas as
Komite Audit Perseroan telah efektif menjabat Audit Committee of the Company has
sebagai Komite Audit Perseroan sejak effectively served as the Company's Audit
20 Januari 2025. Committee since January 20, 2025.
Pengangkatan Ahmad Satori sebagai Anggota The appointment of Ahmad Satori as Member of
Komite Audit Perseroan telah efektif menjabat the Company's Audit Committee has effectively
sebagai Anggota Komite Audit Perseroan sejak served as a Member of the Company's Audit
12 Maret 2025. Committee since March 12, 2025.
30
724 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 727
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
Kebijakan akuntansi utama yang diterapkan dalam The principal accounting policies adopted in
penyusunan laporan keuangan konsolidasian Bank preparing the consolidated financial statements of
dan entitas anaknya adalah seperti dijabarkan di the Bank and subsidiaries are set out below:
bawah ini:
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the consolidated
konsolidasian financial statements
Pernyataan Kepatuhan Statement of Compliance
Laporan keuangan konsolidasian untuk tahun The consolidated financial statements as of
yang berakhir pada tanggal 31 Desember 2025 and for the year ended December 31, 2025 and
dan 2024 disusun dan disajikan sesuai 2024, were prepared and presented in
dengan Standar Akuntansi Keuangan di accordance with Indonesian Financial
Indonesia. Accounting Standards.
Laporan keuangan konsolidasian juga disusun The 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
Keuangan (“BAPEPAM-LK”) No.VIII.G.7 yang Financial Institution Supervisory Agency
merupakan lampiran Keputusan Ketua (“BAPEPAM-LK”) rule No.VIII.G.7, Attachment to
BAPEPAM-LK No.KEP-347/BL/2012 tanggal 25 Decision of BAPEPAM-LK Chairman
Juni 2012 tentang "Penyajian dan No.KEP-347/BL/2012 dated June 25, 2012, on the
Pengungkapan Laporan Keuangan Emiten atau “Financial Statements Presentation and
Perusahaan Publik". Disclosure for Issuers or Public Companies”.
Unit Usaha Syariah (UUS) yang beroperasi Sharia Business Unit (UUS) which operates in
dalam bidang perbankan dengan prinsip banking industry with sharia principles is
syariah disajikan sesuai dengan PSAK presented in accordance to SFAS No. 401
No. 401 tentang “Penyajian Laporan Keuangan regarding “Sharia Financial Statements
Syariah”, PSAK No. 402 tentang “Akuntansi Presentation”, SFAS No. 402 regarding
Murabahah”, PSAK No. 404 tentang “Akuntansi “Murabahah Accounting”, SFAS No. 404
Istishna”, PSAK No. 405 tentang “Akuntansi regarding “Istishna’ Accounting”, SFAS
Mudharabah”, PSAK No. 406 tentang “Akuntansi No. 405 regarding “Mudharabah Accounting”,
Musyarakah” dan PSAK No. 407 tentang SFAS No. 406 regarding “Musyarakah
“Akuntansi Ijarah”, PSAK No. 410 tentang Accounting” and SFAS No. 407 regarding “Ijarah
“Akuntansi Sukuk”, PSAK No.411 tentang “Wa’d” Accounting”, SFAS No. 410 regarding “Sukuk
dan Pedoman Akuntansi Perbankan Syariah Accounting”, SFAS No.411 regarding “Wa’d” and
Indonesia (PAPSI) yang diterbitkan oleh Bank Guidelines for Indonesian Sharia Bank
Indonesia dan Ikatan Akuntan Indonesia (IAI). Accounting (PAPSI) issued by Bank Indonesia
and Indonesian Accountant Association (IAI).
Laporan keuangan konsolidasian disusun The consolidated financial statements have
berdasarkan harga perolehan kecuali untuk been prepared under the historical cost
beberapa akun yang dinilai menggunakan convention except for certain accounts which
dasar pengukuran lain sebagaimana have been valued on another measurement
dijelaskan pada kebijakan akuntansi dari akun basis as explained in the accounting policy for
tersebut. Laporan keuangan konsolidasian such accounts. The consolidated financial
disusun dengan metode akrual kecuali laporan statements are prepared under the accrual
arus kas konsolidasian. basis of accounting, except the consolidated
statements of cash flows.
31
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 725
Page 728
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the consolidated
konsolidasian (lanjutan) financial statements (continued)
Pernyataan Kepatuhan (lanjutan) Statement of Compliance (continued)
Bank menerapkan amandemen PSAK No. 207 Bank has applied amendment of SFAS No. 207
(Revisi 2016), “Laporan Arus Kas (Prakarsa (2016), ”Statement of Cashflows (Disclosure
Pengungkapan)” yang mengharuskan adanya Initiative)” which requires disclosure of
pengungkapan atas perubahan liabilitas yang changes in liability from funding activity,
timbul dari aktivitas pendanaan, termasuk including changes from cash flow as well as
perubahan yang timbul dari arus kas maupun changes from non cash. The consolidated
perubahan non kas. Laporan arus kas statements of cash flows were prepared based
konsolidasian disusun dengan menggunakan on the direct method with cash flows classified
metode langsung dengan mengelompokkan into cash flows from operating, investing and
arus kas dalam aktivitas operasi, investasi dan financing activities. For the purpose of the
pendanaan. Untuk tujuan laporan arus kas consolidated statements of cash flows, cash
konsolidasian, kas dan setara kas mencakup and cash equivalents include cash, current
kas, giro pada Bank Indonesia dan giro pada accounts with Bank Indonesia and other banks,
bank lain, penempatan pada Bank Indonesia placements with Bank Indonesia and other
dan bank lain dan Sertifikat Bank Indonesia banks and Certificates of Bank Indonesia
yang jatuh tempo dalam 3 (tiga) bulan dari maturing within 3 (three) months from the
tanggal akuisisi. date of acquisition.
Kas adalah mata uang kertas dan logam baik Cash represents currency bills and coins, both
Rupiah dan mata uang asing yang masih in Rupiah and foreign currencies, which are
berlaku sebagai alat pembayaran yang sah. valid as legal instruments of payment.
Kas yang telah ditentukan penggunaannya Predetermined cash or cash that cannot be
atau kas yang tidak dapat digunakan secara used freely cannot be classified under cash.
bebas tidak diklasifikasi dalam kas. Pengertian Cash also includes cash in vault, petty cash,
kas termasuk kas besar, kas kecil, kas ATM, kas ATM cash, cash in transit and currency
dalam perjalanan dan mata uang Rupiah dan withdrawn from circulation and still within the
mata uang asing yang ditarik dari peredaran grace period for exchange with Bank Indonesia
dan yang masih dalam tenggang waktu untuk or related country’s central bank.
penukaran ke Bank Indonesia atau bank sentral
negara yang bersangkutan.
Dalam penyusunan laporan keuangan The preparation of consolidated financial
konsolidasian sesuai dengan standar statements in conformity with financial
akuntansi keuangan di Indonesia, dibutuhkan accounting standards in Indonesia, requires
estimasi dan asumsi yang mempengaruhi: the use of estimates and assumptions that
affect:
a. nilai aset dan liabilitas dilaporkan dan a. the reported amounts of assets and
pengungkapan atas aset dan liabilitas liabilities and disclosure of contingent
kontinjensi pada tanggal laporan assets and liabilities at the date of the
keuangan konsolidasian, consolidated financial statements,
b. jumlah pendapatan dan beban selama b. the reported amounts of revenues and
periode pelaporan. expenses during the reporting period.
Walaupun estimasi ini dibuat berdasarkan Although these estimates are based on
pengetahuan terbaik manajemen atas management’s best knowledge of current
kejadian dan tindakan saat ini, hasil yang events and activities, actual results may differ
timbul mungkin berbeda dengan jumlah yang from those estimates.
diestimasi semula.
32
726 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 729
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the consolidated
konsolidasian (lanjutan) financial statements (continued)
Pernyataan Kepatuhan (lanjutan) Statement of Compliance (continued)
Estimasi-estimasi dan asumsi-asumsi yang Estimates and assumptions are reviewed on an
digunakan ditelaah secara ongoing basis. Revisions to accounting
berkesinambungan. Revisi atas taksiran estimates are recognized in the period in which
akuntansi diakui pada periode di mana the estimates are revised and in any future
taksiran tersebut direvisi dan periode-periode period affected.
yang akan datang yang dipengaruhi oleh revisi
estimasi tersebut.
Seluruh angka dalam laporan keuangan Figures in the consolidated financial
konsolidasian ini, kecuali dinyatakan lain, statements are rounded to and stated in
dibulatkan menjadi jutaan Rupiah. millions of Rupiah unless otherwise stated.
b. Akuntansi Bank dan entitas anak b. Bank and subsidiaries accounting
Laporan keuangan konsolidasian meliputi The consolidated financial statements include
laporan keuangan Bank beserta seluruh entitas the financial statements of the Bank and all
anak yang berada di bawah pengendalian subsidiaries that are controlled by the Bank.
Bank.
Dalam hal pengendalian terhadap entitas anak Where an entity either began or ceased to be
dimulai atau diakhiri dalam suatu tahun controlled during the year, the results of
berjalan, maka hasil usaha entitas anak yang operations of subsidiaries are included in the
diperhitungkan ke dalam laporan keuangan consolidated financial statements only from
konsolidasian hanya sebatas hasil pada saat the date that the control commenced or up to
pengendalian tersebut mulai diperoleh atau the date that control ceased.
hingga saat pengendalian atas entitas anak itu
berakhir.
Pengendalian didapat ketika Bank terekspos Control is acquired when Bank is exposed or
atau memiliki hak atas imbal hasil variabel dari has right to variable returns from its
keterlibatannya dengan Entitas Anak dan involvement with a Subsidiaries and has the
memiliki kemampuan untuk mempengaruhi ability to affect those returns through its power
imbal hasil tersebut melalui kekuasaannya over a Subsidiaries.
atas Entitas Anak.
Bank mengendalikan Entitas Anak jika dan Bank control a Subsidiary if, and only if, Bank
hanya jika Bank memiliki hal berikut ini: has the following:
a) kekuasaan atas Entitas Anak (hak yang a) power over a Subsidiary (existing right that
ada saat ini yang memberi kemampuan provide the current ability to direct the
kini untuk mengarahkan aktivitas relevan relevant activities that significantly affect
yang secara signifikan mempengaruhi returns of a Subsidiary);
imbal hasil Entitas Anak);
b) eksposur atau hak atas imbal hasil b) exposure or right to variable returns from
variable dari keterlibatannya dengan its involvement with the Subsidiary; and
Entitas Anak; dan
c) kemampuan untuk menggunakan c) the ability to use its power over the
kekuasaannya atas Entitas Anak untuk Subsidiary to affect the amount of the
mempengaruhi jumlah imbal hasil Bank. Bank’s returns.
33
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 727
Page 730
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
b. Akuntansi Bank dan entitas anak (lanjutan) b. Bank and subsidiaries accounting
(continued)
Dalam mencatat akuisisi entitas anak The purchase method of accounting is used to
digunakan metode pembelian. Sebelum account for the acquisition of subsidiaries.
1 Januari 2011, biaya akuisisi diukur sebesar nilai Before January 1, 2011, the cost of an acquisition
wajar aset yang diserahkan, saham yang is measured as the fair value of the assets
diterbitkan atau liabilitas yang diambil alih given up, shares issued or liabilities undertaken
pada tanggal akuisisi, ditambah biaya yang at the date of acquisition plus costs directly
berkaitan secara langsung dengan akuisisi. attributable to the acquisition. After January 1,
Setelah 1 Januari 2011, biaya transaksi, selain 2011, transaction cost, excluding debt or equity
biaya yang berhubungan dengan penerbitan instrument issuance cost, which was borne by
instrumen utang atau ekuitas yang ditanggung the Bank in relation with business combination,
oleh Bank dengan kombinasi bisnis is charged to expense when incurred. The
dibebankan pada saat terjadinya. Kelebihan excess of the cost of acquisition over the fair
biaya akuisisi atas nilai wajar aset neto entitas value of the net assets of the subsidiaries
anak dicatat sebagai goodwill (Catatan 2.p.i acquired is recorded as goodwill (Note 2.p.i for
untuk kebijakan akuntansi atas goodwill). the accounting policy on goodwill).
Seluruh saldo dan transaksi antar perusahaan All significant inter-company balances and
yang signifikan termasuk transactions, including unrealized gain/loss,
keuntungan/kerugian yang belum direalisasi, are eliminated in the consolidation to reflect
dieliminasi untuk mencerminkan posisi the financial position and results of operations
keuangan dan hasil usaha Bank dan entitas of the Bank and subsidiaries as one business
anak sebagai satu kesatuan usaha. entity.
Laporan keuangan konsolidasian disusun The consolidated financial statements are
dengan menggunakan kebijakan akuntansi prepared using uniform accounting policy for
yang sama untuk peristiwa dan transaksi transactions and events in similar
sejenis dalam kondisi yang sama. Kebijakan circumstances. The accounting policies
akuntansi yang digunakan dalam laporan adopted in preparing the consolidated
keuangan konsolidasian, telah diterapkan financial statements have been consistently
secara konsisten oleh entitas anak, kecuali bila applied by the subsidiaries unless otherwise
dinyatakan lain. stated.
Kepentingan non-pengendali atas laba neto Non-controlling interest represents the
dan ekuitas entitas anak dinyatakan sebesar minority shareholders’ proportionate share in
proporsi pemegang saham minoritas atas laba the net income and equity of the subsidiaries,
neto dan ekuitas entitas anak tersebut sesuai which is presented based on the percentage of
dengan persentase kepemilikan pemegang ownership of the minority shareholders in the
saham minoritas pada entitas anak tersebut. subsidiaries.
c. Penjabaran mata uang asing c. Foreign currency translations
i. Mata uang penyajian i. Presentation currency
Laporan keuangan konsolidasian The consolidated financial statements are
dijabarkan dalam mata uang Rupiah, yang presented in Rupiah, which is the
merupakan mata uang fungsional Bank functional currency of the Bank and
dan entitas anak. subsidiaries.
34
728 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 731
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
c. Penjabaran mata uang asing (lanjutan) c. Foreign currency translations (continued)
ii. Transaksi dan saldo dalam mata uang ii. Transactions and balances in foreign
asing currency
Transaksi dalam mata uang asing Transactions denominated in foreign
dijabarkan ke mata uang Rupiah dengan currencies are converted into Rupiah using
menggunakan kurs yang berlaku pada the prevailing exchange rate at the
tanggal transaksi. Pada tanggal pelaporan, transaction date. Per reporting date,
aset dan liabilitas moneter dalam mata monetary assets and liabilities
uang asing dijabarkan ke mata uang denominated in foreign currencies are
Rupiah dengan menggunakan kurs yang converted into Rupiah using the prevailing
berlaku pada tanggal pelaporan tersebut. exchange rate at that date.
Keuntungan dan kerugian selisih kurs yang Exchange gains and losses arising on
timbul dari transaksi dalam mata uang transactions in foreign currency and on
asing dan dari penjabaran aset dan the translation of foreign currency
liabilitas moneter dalam mata uang asing, monetary assets and liabilities are
diakui pada laporan laba rugi dan recognized in the consolidated statement
penghasilan komprehensif lain of profit or loss and other comprehensive
konsolidasian, kecuali apabila income, except when deferred in equity
ditangguhkan pada ekuitas karena because meet criteria as qualifying cash
memenuhi kualifikasi/kriteria sebagai flow hedges.
lindung nilai arus kas (cash flow hedges).
Selisih penjabaran mata uang asing atas Translation differences on debt securities
efek utang dan aset moneter keuangan lain and other monetary financial assets
yang diukur berdasarkan nilai wajar dicatat measured at fair value are included in
sebagai bagian dari keuntungan dan foreign exchange gains and losses.
kerugian selisih kurs.
iii. Kantor cabang luar negeri iii. Overseas branches
Cabang Bank yang berkedudukan di luar Branches of the Bank domiciled outside of
negeri menyelenggarakan pembukuannya Indonesia maintain their accounting
dalam mata uang negara tempat records in their respective domestic
kedudukannya. currencies.
Untuk tujuan konsolidasian, laporan For consolidation purposes, the financial
keuangan kantor cabang luar negeri statements of overseas branches are
dijabarkan dalam Rupiah, dengan kurs translated into Rupiah, using these
sebagai berikut: following exchange rates:
• Aset dan liabilitas serta komitmen dan • Assets and liabilities, commitments
kontinjensi menggunakan kurs spot and contingencies at the Reuters spot
Reuters pukul 16.00 Waktu Indonesia rates at 16.00 Western Indonesian Time
Barat pada tanggal laporan posisi prevailing at the consolidated
keuangan konsolidasian; statement of financial position dates;
• Pendapatan, beban, keuntungan dan • Revenue, expenses, gains and losses at
kerugian menggunakan rata-rata kurs the average Reuters middle rates at
tengah Reuters pukul 16.00 Waktu 16.00 Western Indonesian Time during
Indonesia Barat yang berlaku selama the period of reporting;
periode laporan;
35
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 729
Page 732
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
c. Penjabaran mata uang asing (lanjutan) c. Foreign currency translations (continued)
iii. Kantor cabang luar negeri (lanjutan) iii. Overseas branches (continued)
• Akun modal dijabarkan dengan • Equity accounts are recorded using the
menggunakan kurs historis; dan historical rate; and
• Selisih yang timbul dari proses • The resulting translation adjustment is
penjabaran tersebut disajikan dalam presented in the consolidated
laporan posisi keuangan konsolidasian statements of financial position as part
pada sisi ekuitas dan pendapatan of the other comprehensive income
komprehensif lainnya sebagai selisih kurs and equity as a differences arising
karena penjabaran laporan keuangan from the translation of foreign currency
dalam mata uang asing. financial statements.
Berikut ini adalah kurs mata uang asing Below are the major exchange rates used
utama yang digunakan untuk penjabaran for translation to Rupiah as of
ke dalam Rupiah pada tanggal December 31, 2025 and 2024, using the
31 Desember 2025 dan 2024 yang Reuters middle rate (at 16.00 Western
menggunakan kurs tengah Reuters (Pukul Indonesia Time) (full amount of Rupiah):
16.00 Waktu Indonesia Barat) (Rupiah
penuh):
31 Desember/December 31
2025 2024
1 Dolar Amerika Serikat (USD)/Rp 16.675 16.095 United States Dollar 1/Rp
1 Euro Eropa (EUR)/Rp 19.571 16.758 European Euro 1/Rp
1 Dolar Singapura (SGD)/Rp 12.965 11.845 Singapore Dollar 1/Rp
100 Rupee India (INR)/Rp 18.550 18.798 Indian Rupee 100/Rp
d. Aset dan liabilitas keuangan d. Financial assets and liabilities
i. Aset dan liabilitas keuangan i. Financial assets and liabilities
Aset keuangan diklasifikasikan sebagai Financial assets have classified as financial
aset keuangan yang diukur berdasarkan assets measured at amortised cost,
biaya perolehan diamortisasi, aset financial assets measured at fair value
keuangan diukur dengan nilai wajar melalui through other comprehensive income, and
penghasilan komprehensif lain, dan aset financial assets measured at fair value
keuangan diukur dengan nilai wajar melalui through profit or loss.
laporan laba rugi.
Sedangkan, liabilitas keuangan Meanwhile, financial liabilities are classified
diklasifikasikan sebagai liabilitas keuangan as financial liabilities measured at
yang diukur berdasarkan biaya perolehan amortised cost and financial liabilities
diamortisasi dan liabilitas keuangan yang measured at fair value through profit or
diukur pada nilai wajar melalui laporan laba loss.
rugi.
36
730 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 733
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran Recognition and Measurement
Klasifikasi aset keuangan menggunakan The classification of financial assets uses
pendekatan model bisnis dan karakteristik the business model approach and
arus kas kontraktual dari aset keuangan contractual cash flow characteristic of the
tersebut. Setelah pengakuan awal, aset financial assets. After initial, recognition,
keuangan diukur dengan biaya perolehan financial assets are measured at amortised
diamortisasi, nilai wajar melalui cost, fair value through other
penghasilan komprehensif lain dan nilai comprehensive income and fair value
wajar melalui laporan laba rugi through profit or loss based on the business
berdasarkan pada model bisnis yang model adopted.
diadopsi.
Semua instrumen keuangan pada saat All financial instruments are measured
pengakuan awal diukur sebesar nilai initially at their fair value. In the case that
wajarnya. Dalam hal aset keuangan atau financial assets or financial liabilities are
liabilitas keuangan tidak diukur pada nilai not designated at fair value through profit
wajar melalui laporan laba rugi, nilai wajar or loss, the fair value should be added with
tersebut ditambah biaya transaksi yang attributable transaction costs directly from
dapat diatribusikan secara langsung acquisition or issuance of financial assets
dengan perolehan atau penerbitan aset or financial liabilities.
keuangan atau liabilitas keuangan
tersebut.
Aset keuangan Financial assets
a) Aset keuangan yang diukur dengan a) Financial assets measured at amortised
biaya perolehan diamortisasi cost
Aset keuangan yang diukur dengan Financial assets measured at amortised
biaya perolehan diamortisasi adalah cost are financial assets that meet one
aset keuangan yang memenuhi salah of the conditions of financial assets
satu kondisi aset keuangan dikelola managed in a model business that aims
dalam model bisnis yang bertujuan to have the financial assets in order to
untuk memiliki aset keuangan dalam obtain contractual cash flows, and the
rangka mendapatkan arus kas contractual terms of financial assets on
kontraktual, dan persyaratan the certain date increase cash flows
kontraktual dari aset keuangan pada solely payments of principle and interest
tanggal tertentu meningkatkan arus kas “SPPI” (Solely Payment of Principal and
semata dari pembayaran pokok dan Interest).
bunga “SPPI” (Solely Payment of
Principal and Interest).
37
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 731
Page 734
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Aset keuangan (lanjutan) Financial assets (continued)
a) Aset keuangan yang diukur dengan a) Financial assets measured at amortised
biaya perolehan diamortisasi (lanjutan) cost (continued)
Pada saat pengakuan awal aset Financial assets measured at
keuangan yang diukur dengan biaya amortised cost are initially recognized
perolehan diamortisasi dicatat sebesar at fair value and subsequently
nilai wajar, selanjutnya diukur pada measured at amortised cost using the
biaya perolehan diamortisasi dengan effective interest rate (EIR) method, less
menggunakan metode suku bunga impairment. Amortised cost is
efektif (EIR), dikurangi dengan calculated by taking into account any
penurunan nilai. Biaya perolehan discount or premium on initial
diamortisasi dihitung dengan acquisition and fees/costs that are an
memperhitungkan diskonto atau premi integral part of the effective interest rate
pada awal akuisisi dan fee/biaya (EIR). The amortization and the losses
sebagai bagian tidak terpisahkan dari arising from impairment of those
suku bunga efektif (EIR). Amortisasi dan financial assets are recognized in the
kerugian yang timbul dari penurunan consolidated statement of profit or loss
nilai aset keuangan tersebut akan diakui and other comprehensive income.
dalam laporan laba rugi dan
penghasilan komprehensif lain
konsolidasian.
Persyaratan penurunan nilai diterapkan Impairment requirements apply to
pada aset keuangan yang diukur financial assets measured at amortised
dengan biaya perolehan. cost.
b) Aset keuangan yang diukur pada nilai b) Financial assets measured at fair value
wajar melalui penghasilan through other comprehensive income
komprehensif lain
Aset keuangan yang diukur nilai wajar Financial assets measured at fair value
melalui penghasilan komprehensif lain through other comprehensive income
adalah aset keuangan yang memenuhi are financial assets that meet one of the
salah satu kondisi aset keuangan conditions of financial assets managed
dikelola dengan model bisnis yang with a business model whose purpose
tujuannya akan terpenuhi dengan will be fulfilled by obtaining contractual
mendapatkan arus kas kontraktual dan cash flow and selling financial assets,
menjual aset keuangan, dan and the contractual terms of the
persyaratan kontraktual dari aset financial assets grant rights on a certain
keuangan tersebut memberikan hak date for cash flows solely payments of
pada tanggal tertentu atas arus kas principal and interest on the principal
yang semata dari pembayaran pokok amount owed.
dan bunga dari jumlah pokok terutang.
38
732 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 735
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Aset keuangan (lanjutan) Financial assets (continued)
b) Aset keuangan yang diukur pada nilai b) Financial assets meassured at fair value
wajar melalui penghasilan through other comprehensive income
komprehensif lain (lanjutan) (continued)
Pada saat pengakuan awal, aset Financial assets measured at fair value
keuangan yang diukur nilai wajar through other comprehensive income
melalui penghasilan komprehensif lain are initially recognized at fair value and
dicatat sebesar nilai wajar, selanjutnya measured subsequently at fair value
diukur sebesar nilai wajar dengan with gains or losses arising from the
keuntungan atau kerugian dari changes in fair value under other
perubahan nilai wajar dalam comprehensive income, except for
pendapatan komprehensif lainnya, impairment on financial assets and
kecuali kerugian penurunan nilai atas foreign exchange gains or losses.
aset keuangan dan keuntungan atau
kerugian akibat perubahan kurs.
Persyaratan penurunan nilai diterapkan Impairment requirements apply to
pada aset keuangan yang diukur financial assets measured at fair value
dengan nilai wajar melalui laporan through other comprehensive income.
komprehensif lain.
c) Aset keuangan yang diukur pada nilai c) Financial asset measured at fair value
wajar melalui laporan laba rugi through profit or loss
Aset keuangan yang diukur nilai wajar Financial assets measured at fair value
melalui laporan laba rugi kecuali aset through profit or loss unless those
keuangan tersebut diukur dengan biaya financial assets are measured at
perolehan diamortisasi atau diukur amortized cost or measured at fair value
pada nilai wajar melalui penghasilan through other comprehensive income,
komprehensif lain, dan dimiliki dalam and are held in a business model for
model bisnis yang tujuannya untuk trading purposes.
diperdagangkan.
39
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 733
Page 736
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Aset keuangan (lanjutan) Financial assets (continued)
c) Aset keuangan yang diukur pada nilai c) Financial asset measured at fair value
wajar melalui laporan laba rugi through profit or loss (continued)
(lanjutan)
Setelah pengukuran awal, aset After initial recognition, the financial
keuangan yang dikelompokkan dalam assets included in this category are
kategori ini diukur sebesar nilai measured at fair value, the unrealized
wajarnya, keuntungan atau kerugian gains or losses resulting from changes
yang belum direalisasi akibat in fair value are recognized in the
perubahan nilai wajar instrumen consolidated statement of profit or loss
keuangan tersebut diakui dalam and other comprehensive income as
laporan laba rugi dan penghasilan “Increase/(decrease) in value of
komprehensif lain konsolidasian financial instruments”.
sebagai “Kenaikan/ (penurunan) nilai
instrumen keuangan”.
Biaya transaksi yang bisa diatribusikan Transaction costs directly attributable
langsung pada perolehan aset to the acquisition of financial assets
keuangan yang diklasifikasikan sebagai classified as fair value through profit or
nilai wajar melalui laporan laba rugi loss will be charged directly at the initial
akan dibebankan langsung pada saat measurement.
pengukuran awal.
Liabilitas keuangan Financial liabilities
Liabilitas keuangan setelah pengakuan Financial liabilities after initial recognition
awal diukur pada biaya perolehan are measured at amortized cost using the
diamortisasi dengan menggunakan effective interest rate (EIR) method, except:
metode suku bunga efektif (EIR), kecuali:
a. Liabilitas keuangan pada nilai wajar a. Financial liabilities at fair value through
melalui laporan laba rugi. Liabilitas profit or loss. These liabilities, including
tersebut, termasuk derivatif yang derivatives that are liabilities, will then be
merupakan liabilitas, selanjutnya akan measured at fair value.
diukur melalui nilai wajar.
b. Liabilitas yang timbul ketika pengalihan b. Liabilities that arise when the transfer of
aset keuangan yang tidak memenuhi financial assets that do not meet the
syarat penghentian pengakuan atau conditions for termination of recognition
ketika pendekatan keterlibatan or when a sustainable engagement.
berkelanjutan diterapkan.
c. Kontrak jaminan keuangan. c. Financial guarantee contract.
d. Komitmen untuk menyediakan kredit d. Commitment to providing loan or
atau pembiayaan dengan suku bunga financing at market interest rates.
pasar.
40
734 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 737
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Liabilitas keuangan (lanjutan) Financial liabilities (continued)
Liabilitas keuangan setelah pengakuan Financial liabilities after initial recognition
awal diukur pada biaya perolehan are measured at amortized cost using the
diamortisasi dengan menggunakan effective interest rate (EIR) method, except:
metode suku bunga efektif (EIR), kecuali: (continued)
(lanjutan)
e. Imbalan kontijensi yang diakui oleh e. Contingency rewards recognized by the
pihak pengakuisisi dalam kombinasi acquirer in the business combination
bisnis di mana PSAK No. 103 diterapkan. where SFAS No. 103 is applied. Contingent
Imbalan kontijensi selanjutnya diukur consideration is subsequently measured
pada nilai wajar dan selisihnya diakui at fair value and the difference is
dalam laporan laba rugi. recognized in the income statement.
Jika diketahui bahwa beberapa instrumen If it is known that several financial
keuangan dibuat dari 2 (dua) elemen - instruments are made up of 2 (two)
komponen liabilitas dan komponen ekuitas, elements - the liability component and the
maka instrumen keuangan harus equity component, then the financial
dipisahkan menjadi 2 (dua) komponen instrument should be separated into 2
sebagai liabilitas keuangan dan yang (two) components as financial liabilities
lainnya sebagai instrumen ekuitas. and others as equity instruments.
Instrumen ekuitas Equity instruments
a) Instrumen ekuitas yang diukur pada nilai a) Equity instruments measured at fair
wajar melalui laporan laba rugi value through profit or loss
Instrumen ekuitas harus diukur pada Equity instruments should be measured
nilai wajar melalui laporan laba rugi. at fair value through profit or loss.
Akan tetapi, Bank dapat menetapkan However, the Bank may decide
pilihan yang tidak dapat dibatalkan saat irrevocable choices upon initial
pengakuan awal atas investasi pada recognition of investments in certain
instrumen ekuitas tertentu yang pada equity instruments which are generally
umumnya diukur pada nilai wajar measured at fair value through profit or
melalui laba rugi sehingga perubahan loss so that changes in fair value are
nilai wajarnya disajikan dalam presented in other comprehensive
penghasilan komprehensif lain. income.
41
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 735
Page 738
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Instrumen ekuitas (lanjutan) Equity instruments (continued)
b) Instrumen ekuitas yang diukur pada nilai b) Equity instruments measured at fair
wajar melalui penghasilan value through other comprehensive
komprehensif lain income
Ketika pilihan untuk mengukur pada nilai When the choice to measure at fair
wajar melalui penghasilan value through other comprehensive
komprehensif lain dilakukan, setelah income is executed, after derecognition,
penghentian pengakuan, keuntungan gains and losses in other
dan kerugian dalam pendapatan comprehensive income are not
komprehensif lain tidak dipindahkan ke transferred to profit or loss (without
laba atau rugi (“without recycling”). recycling).
Namun, pendapatan dividen dari instrumen However, dividend income of equity
ekuitas harus diakui dalam laporan laba instrument should be recognized in the
rugi. income statement.
Penilaian Model Bisnis Business Model Assessment
Bank menentukan model bisnisnya pada The Bank determines its business model at
tingkat yang paling mencerminkan the level that best reflects how it manages
bagaimana Bank mengelola kelompok aset groups of financial assets to achieve its
keuangan untuk mencapai tujuan business objective:
bisnisnya:
a. Risiko yang memengaruhi kinerja model a. The risks that affect the performance of
bisnis (dan aset keuangan yang dimiliki the business model (and the financial
dalam model bisnis itu) dan, khususnya assets held within that business model)
cara risiko itu dikelola. and, in particular, the way those risks are
managed.
b. Bagaimana manajer bisnis b. How managers of the business are
dikompensasi (misalnya, apakah compensated (for example, whether the
kompensasi didasarkan pada nilai wajar compensation is based on the fair value
dari aset yang dikelola atau pada arus of the assets managed or on the
kas kontraktual yang dikumpulkan). contractual cash flows collected).
Frekuensi, nilai, dan waktu penjualan yang The expected frequency, value and timing
diharapkan juga merupakan aspek penting of sales are also important aspect of the
dari penilaian Bank. Bank’s assessment.
42
736 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 739
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Penilaian Model Bisnis (lanjutan) Business Model Assessment (continued)
Penilaian model bisnis didasarkan pada The business model assessment is based
skenario yang diharapkan secara wajar on reasonably expected scenarios without
tanpa mempertimbangkan skenario ‘kasus taking ‘worst case’ or ‘stress case’ scenarios
terburuk’ atau ‘kasus stres’. Jika arus kas into account. If cash flows after initial
setelah pengakuan awal direalisasikan recognition are realised in a way that is
dengan cara yang berbeda dari harapan different from the Bank’s original
awal Bank, Bank tidak mengubah klasifikasi expectations, the Bank does not change the
aset keuangan yang tersisa dalam model classificaton of the remaining financial
bisnis tersebut, tetapi memasukan assets held in that business model, but
informasi tersebut ketika menilai aset incorporates such information when
keuangan yang baru diperoleh atau yang assessing newly originated or newly
baru dibeli kedepannya. purchased financial assets going forward.
Tes SPPI The SPPI Test
Sebagai langkah kedua dari proses As a second step of its classification
klasifikasi, Bank menilai persyaratan kontrak process, the Bank assesses the contractual
dari aset keuangan untuk mengidentifikasi terms of the financial assets to identify
apakah mereka memenuhi tes “SPPI” (Solely whether they meet the SPPI (Solely Payment
Payment Of Principal and Interest). of Principal and Interset) test.
‘Principal atau pokok untuk tujuan Principal for the purpose of this test is
pengujian ini didefinisikan sebagai nilai defined as the fair value of the financial
wajar dari aset keuangan pada pengakuan assets at initial recognition and may
awal dan dapat berubah selama umur aset change over the life of the financial asset
keuangan (misalnya, jika ada pembayaran (for example, if there are repayments of
pokok atau amortisasi premi/diskon). principal or amortization of the
premium/discount).
Elemen bunga yang paling signifikan dalam The most significant elements of interests
pengaturan pinjaman biasanya adalah within a lending arrangement are typically
pertimbangan untuk nilai waktu dari uang the consideration for the time value of
dan risiko kredit. Untuk membuat penilaian money and credit risk. To make the SPPI
SPPI, Bank menerapkan penilaian dan assessment, the Bank applies judgement
mempertimbangkan faktor-faktor yang and considers relevant factors such as the
relevan seperti mata uang di mana aset currency in which the financial asset is
keuangan didenominasi, dan periode di denominated, and the period for which the
mana tingkat bunga ditetapkan. interest rate is set.
43
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 737
Page 740
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Tabel berikut menyajikan klasifikasi The following table presents classification
instrumen keuangan Bank dan entitas anak of financial instruments of the Bank and
berdasarkan karakteristik dari instrumen subsidiaries based on characteristic of
keuangan tersebut: those financial instruments:
Instrumen Keuangan Klasifikasi/Classification Financial Instruments
Aset keuangan: Financial assets:
Aset keuangan diukur pada biaya
perolehan diamortisasi/ Financial assets
Kas measured at amortised cost Cash
Aset keuangan diukur pada biaya
perolehan diamortisasi/
Giro pada Bank Financial assets measured at Current accounts with
Indonesia amortised cost Bank Indonesia
Aset keuangan diukur pada biaya
perolehan diamortisasi/ Current accounts with other
Giro pada bank lain Financial assets measured at amortised cost Banks
Penempatan pada Bank Aset keuangan diukur pada biaya Placements with Bank
Indonesia dan bank perolehan diamortisasi/ Financial assets Indonesia and other
lain measured at amortised cost banks
Aset keuangan diukur pada nilai
wajar melalui laporan laba rugi/
Efek-efek yang Financial assets measured at fair
diperdagangkan value through profit or loss Trading securities
Aset keuangan yang diukur pada biaya
perolehan diamortisasi, aset keuangan
yang diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Financial assets measured at amortised
cost, Financial assets measured at fair
value through other comprehensive
Investasi keuangan income Financial investments
44
738 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 741
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Instrumen Keuangan Financial Instruments
(lanjutan) Klasifikasi/Classification (continued)
Aset keuangan: Financial assets:
(lanjutan) (continued)
Aset keuangan diukur pada Securities purchased
Efek-efek yang dibeli biaya perolehan diamortisasi/ under resale
dengan janji dijual Financial assets measured at agreement (reverse
kembali amortised cost repo)
Aset keuangan diukur pada nilai wajar
melalui laporan laba rugi/Financial
assets measured at fair value through
Tagihan derivatif profit or loss Derivatives receivable
Aset keuangan diukur pada
Kredit yang diberikan dan biaya perolehan diamortisasi/
piutang/pembiayaan Financial assets measured at Loan and Sharia
Syariah amortised cost receivables/financing
Aset keuangan diukur pada
biaya perolehan diamortisasi/
Piutang pembiayaan Financial assets measured at Consumer financing
konsumen amortised cost receivables
Aset keuangan diukur pada biaya
perolehan diamortisasi/
Financial assets measured at Acceptances
Tagihan akseptasi amortised cost receivable
Aset keuangan diukur pada
biaya perolehan diamortisasi/
Financial assets measured at
Piutang bunga amortised cost Interest receivable
45
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 739
Page 742
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
Instrumen Keuangan Financial Instruments
(lanjutan) Klasifikasi/Classification (continued)
Liabilitas keuangan: Financial liabilities:
Liabilitas keuangan yang diukur pada biaya
perolehan diamortisasi/Financial liabilities Obligations due
Liabilitas segera measured at amortized cost immediately
Liabilitas keuangan yang diukur pada
biaya perolehan diamortisasi/Financial
Simpanan nasabah liabilities measured at amortized cost Deposits from customers
Liabilitas keuangan yang diukur pada biaya
perolehan diamortisasi/Financial liabilities Deposits from other
Simpanan dari bank lain measured at amortized cost banks
Efek-efek yang dijual Liabilitas keuangan yang diukur pada biaya
dengan janji dibeli perolehan diamortisasi/Financial liabilities Securities sold under
kembali measured at amortized cost repurchased agreements
Liabilitas keuangan yang diukur pada nilai
wajar melalui laporan laba rugi/Financial
liabilities measured at fair value through
Liabilitas derivatif profit or loss Derivatives payable
Liabilitas keuangan yang diukur pada biaya
perolehan diamortisasi/Financial liabilities
Liabilitas akseptasi measured at amortized cost Acceptances payable
Liabilitas keuangan yang diukur pada biaya
Surat berharga yang perolehan diamortisasi/Financial liabilities
diterbitkan measured at amortized cost Securities issued
Liabilitas keuangan yang diukur pada
biaya perolehan diamortisasi/Financial
Pinjaman diterima liabilities measured at amortized cost Borrowings
Beban yang masih Liabilitas keuangan yang diukur pada biaya
harus dibayar dan perolehan diamortisasi/Financial liabilities Accrued expenses and
liabilitas lain-lain measured at amortized cost other liabilities
Liabilitas keuangan yang diukur pada biaya
Pinjaman dan obligasi perolehan diamortisasi/Financial liabilities Subordinated loan and
subordinasi measured at amortized cost bonds
46
740 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 743
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Penghentian Pengakuan Derecognition
Bank dan entitas anak menghentikan The Bank and subsidiaries derecognizes a
pengakuan aset keuangan jika, dan hanya financial asset if, and only if, the contractual
jika, hak kontraktual untuk menerima arus rights to receive cash flows from the
kas yang berasal dari aset keuangan financial asset have expired; or the Bank
tersebut berakhir; atau Bank dan entitas and subsidiaries have transferred their
anak mentransfer hak untuk menerima arus rights to receive cash flows from the
kas yang berasal dari aset keuangan atau financial asset or have assumed an
menanggung liabilitas untuk membayarkan obligation to pay the received cash flows
arus kas yang diterima tersebut secara fully without material delay to a third party
penuh tanpa penundaan berarti kepada under a pass through arrangement; and
pihak ketiga di bawah kesepakatan either (a) the Bank and subsidiaries have
pelepasan (pass through arrangement); transferred substantially all the risks and
dan (a) Bank dan entitas anak telah rewards of the financial asset, or (b) the
mentransfer secara substansial seluruh Bank and subsidiaries have neither
risiko dan manfaat atas aset keuangan, transferred nor retained substantially all the
atau (b) Bank dan entitas anak tidak risks and rewards of the asset, but have
mentransfer maupun tidak memiliki secara transferred control of the asset.
substansial seluruh risiko dan manfaat atas
aset, namun telah mentransfer
pengendalian atas aset tersebut.
Liabilitas keuangan dihentikan A financial liability is derecognized when
pengakuannya pada saat liabilitas the obligation under the liability is
dihentikan atau dibatalkan atau berakhir. discharged or cancelled or expired.
Jika suatu liabilitas keuangan yang ada Where an existing financial liability is
digantikan dengan liabilitas yang lain oleh replaced by another liability from the same
pemberi pinjaman yang sama pada lender on substantially different terms, or
keadaan yang secara substansial berbeda, the terms of an existing liability are
atau berdasarkan suatu liabilitas yang ada substantially modified, such an exchange
yang secara substansial telah diubah, or modification is treated as derecognition
maka pertukaran atau modifikasi tersebut of the original liability and the recognition
diperlakukan sebagai penghentian of a new liability, and the difference in the
pengakuan liabilitas awal dan pengakuan respective carrying amounts is recognized
liabilitas baru, dan perbedaan nilai tercatat in the statement of profit or loss and other
masing-masing diakui dalam laporan laba comprehensive income.
rugi dan penghasilan komprehensif lain.
47
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 741
Page 744
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Saling Hapus Offset
Aset keuangan dan liabilitas keuangan Financial assets and financial liabilities are
saling hapus dan nilai netonya dilaporkan offset and the net amount is reported in the
dalam laporan posisi keuangan consolidated statements of financial
konsolidasian jika, dan hanya jika, saat ini position if, and only if, there is currently an
terdapat hak yang berkekuatan hukum enforceable legal rights to offset the
untuk saling hapus jumlah keduanya dan recognized amounts and there is an
terdapat intensi untuk diselesaikan secara intention to either settle on a net basis, or to
neto, atau untuk merealisasikan aset realize the assets and settle the liabilities
dan menyelesaikan liabilitas secara simultaneously.
bersamaan.
Hak yang berkekuatan hukum harus tidak The legally enforceable right must not be
kontinjen atas peristiwa di masa depan dan contingent on future events and must be
harus dapat dipaksakan di dalam situasi enforceable in the normal course of
bisnis yang normal, peristiwa kegagalan business and in the event of default,
atau kebangkrutan dari entitas atau seluruh insolvency or bankruptcy of the company
pihak lawan. or the counterparty.
Pendapatan dan beban disajikan secara Income and expenses are presented on a
neto hanya ketika diperbolehkan oleh net basis only when permitted by
standar akuntansi. accounting standards.
Tidak terdapat saldo atas aset keuangan There are no outstanding financial assets
dan liabilitas keuangan yang tunduk and financial liabilities which are subject
pada perjanjian saling hapus atau dalam to enforceable master netting
bentuk perjanjian sejenis per tanggal arrangements or similar agreements as of
31 Desember 2025 dan 2024. December 31, 2025 and 2024.
Nilai Wajar Fair Value
Nilai wajar adalah harga yang akan Fair value is the price that would be
diterima untuk menjual suatu aset atau received to sell an asset or paid to transfer
harga yang akan dibayar untuk a liability in an orderly transaction between
mengalihkan suatu liabilitas dalam market participants at the measurement
transaksi teratur antara pelaku pasar pada date under current market conditions.
tanggal pengukuran dengan kondisi pasar
saat ini.
48
742 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 745
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Nilai Wajar (lanjutan) Fair Value (continued)
Bank menggunakan teknik penilaian yang Bank uses valuation techniques
sesuai dengan keadaan dan di mana data appropriate in the circumstances and for
yang memadai tersedia untuk mengukur which sufficient data are available to
nilai wajar, memaksimalkan penggunaan measure fair value, maximising the use of
input yang dapat diobservasi yang relevan relevant observable input and minimising
dan meminimalkan penggunaan input the use of unobservable input.
yang tidak dapat diobservasi.
Seluruh instrumen keuangan yang diukur All financial instruments measured at fair
pada nilai wajar dikategorikan sesuai value are categorized according to the
dengan hirarki berikut: following hierarchy:
• Tingkat 1: harga kuotasian (tanpa • Level 1: quoted prices (unadjusted) in
penyesuaian) di pasar aktif aset atau active markets for identical asset or
liabilitas yang identik. liabilities.
• Tingkat 2: teknik lain atas semua input • Level 2: other techniques for which all
yang memiliki efek signifikan terhadap inputs which have a significant effect
nilai wajar yang tercatat dapat on the recorded fair value are
diobservasi, baik secara langsung observable, either directly or indirectly.
maupun tidak langsung.
• Tingkat 3: teknik yang menggunakan • Level 3: techniques which use input that
input yang memiliki pengaruh have a significant effect on the
signifikan terhadap nilai wajar yang recorded fair value that are not based
tercatat yang tidak berdasarkan data on observable market data.
pasar yang dapat diobservasi.
Reklasifikasi Instrumen Keuangan Reclassification of Financial Instruments
Reklasifikasi aset keuangan diizinkan jika Reclassification of financial assets is
(dan hanya jika) Bank dan entitas anak permissible when (and only when) the Bank
melakukan perubahan pada model bisnis and its subsidiaries make changes to the
untuk mengatur aset keuangannya, namun business model to manage their financial
Bank dan entitas anak harus mereklasifikasi assets, but the Bank and subsidiaries must
semua aset keuangan yang terdampak reclassify all affected financial assets
dengan model bisnis yang baru. following the new business model.
Reklasifikasi harus diterapkan secara Reclassifications should be applied
prospektif dari ‘tanggal reklasifikasi’, yang prospectively from 'the date of
didefinisikan sebagai, ‘hari pertama dari reclassification', which is defined as, 'the
periode pelaporan pertama setelah first day of the first reporting period after
perubahan model bisnis yang the change in the business model that
menghasilkan reklasifikasi aset keuangan’. results in the reclassification of financial
Oleh karena itu, semua keuntungan, assets'. Therefore, all previously recognized
kerugian atau bunga yang sebelumnya gains, losses or interest need not be
diakui tidak perlu disajikan kembali. restated.
49
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 743
Page 746
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Reklasifikasi Instrumen Keuangan (lanjutan) Reclassification of Financial Instruments
(continued)
Jika terdapat peristiwa penjualan atas If there is a sales event on the portfolio with
portfolio dengan model bisnis ‘Hold’, di the 'Hold' business model, where the Bank
mana Bank dan entitas anak tidak mampu and its subsidiaries are unable to ensure
memastikan bahwa peningkatan kegiatan that the increase in sales activity is a result
penjualan adalah sebagai akibat dari of changes in the business model,
perubahan dalam model bisnis, maka adjustments/corrections of the previous
penyesuaian/koreksi laporan tahun year's report may be needed to correct
sebelumnya mungkin diperlukan untuk errors.
memperbaiki kesalahan.
Bank dan entitas anak tidak diperkenankan Bank and subsidiaries are not permitted to
untuk mereklasifikasi liabilitas keuangan. reclassify financial liabilities.
Perubahan berikut ini adalah bukan The following changes are not
merupakan reklasifikasi: a reclassification:
a. Item yang sebelumnya telah a. Items previously designated and
ditetapkan dan efektif sebagai effective as hedging instruments in
instrumen lindung nilai pada lindung cash flow hedges or net investment
nilai arus kas atau lindung nilai hedges, but no longer meet such
investasi neto, namun tidak lagi qualifications;
memenuhi kualifikasi seperti itu;
b. Item yang kemudian ditetapkan dan b. The items are then designated and
efektif sebagai instrumen lindung nilai effective as hedging instruments in
dalam lindung nilai arus kas atau cash flow hedges or net investment
lindung nilai investasi neto; dan hedges; and
c. Perubahan dalam pengukuran ketika c. Changes in measurement when the
Bank memilih opsi untuk menetapkan Bank chooses the option to set credit
eksposur kredit sebagai diukur pada exposures as measured at fair value
nilai wajar melalui laporan laba rugi. through profit or loss.
Persyaratan untuk reklasifikasi aset Requirement for financial assets
keuangan: reclassification:
Bank dan entitas anak dipersyaratkan untuk Bank and subsidiaries may reclassify
reklasifikasi aset keuangan yang diukur financial assets measured at amortised
pada biaya perolehan diamortisasi ke aset cost to financial assets measured at fair
keuangan yang diukur pada nilai wajar value through profit or loss with
melalui laporan laba rugi dengan requirement of measure fair value at
persyaratan nilai wajarnya diukur pada reclassification date. Gain and losses
tanggal reklasifikasi. Keuntungan dan arising from the difference between
kerugian yang timbul dari selisih antara previous amortised cost and fair value of
biaya perolehan diamortisasi sebelumnya the financial assets are recognised in profit
dan nilai wajar aset keuangan diakui dalam and loss.
laba rugi.
50
744 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 747
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Reklasifikasi Instrumen Keuangan (lanjutan) Reclassification of Financial Instruments
(continued)
Bank dan entitas anak dipersyaratkan untuk Bank and subsidiaries may reclassify
reklasifikasi aset keuangan yang diukur financial assets measured at fair value
pada nilai wajar melalui laporan laba rugi through profit or loss to financial assets
ke aset keuangan yang diukur pada biaya measured at amortised cost with
perolehan diamortisasi dengan requirement of fair value at the
persyaratan nilai wajar pada tanggal reclassification date becomes the new
reklasifikasi menjadi jumlah tercatat bruto gross carrying amount.
yang baru.
Bank dan entitas anak dipersyaratkan untuk Bank and subsidiaries may reclassify
reklasifikasi aset keuangan yang diukur financial assets measured at amortised
pada biaya perolehan diamortisasi ke aset cost to financial assets measured at fair
keuangan yang diukur pada nilai wajar value through other comprehensive
melalui penghasilan komprehensif lainnya income with requirement of measure fair
dengan persyaratan nilai wajarnya diukur value at classification date. Gain and losses
pada tanggal reklasifikasi. Keuntungan dan arising from the difference between
kerugian yang timbul dari selisih antara previous amortised cost and fair value of
biaya perolehan diamortisasi sebelumnya the financial assets are recognised in other
dan nilai wajar aset keuangan diakui dalam comprehensive income.
penghasilan komprehensif lain.
Bank dan entitas anak dipersyaratkan untuk Bank and subsidiaries may reclassify
reklasifikasi aset keuangan yang diukur financial assets measured at fair value
pada nilai wajar melalui penghasilan through other comprehensive income to
komprehensif lain ke aset keuangan yang financial assets measured at amortised
diukur pada biaya perolehan diamortisasi cost with requirement of cumulative gain or
dengan persyaratan keuntungan dan loss previously recognised in other
kerugian kumulatif yang sebelumnya diakui comprehensive income is removed from
dalam penghasilan komprehensif lain equity and applied against the fair value of
dihapus dari ekuitas dan disesuaikan the financial assets at the reclassification
terhadap nilai wajar dari aset keuangan date.
pada tanggal reklasifikasi.
Bank dan entitas anak dipersyaratkan untuk Bank and subsidiaries may reclassify
reklasifikasi aset keuangan yang diukur financial assets measured at fair value
pada nilai wajar melalui laporan laba rugi through profit or loss to financial assets
ke aset keuangan yang diukur pada measured at fair value through other
penghasilan komprehensif lain dengan comprehensive income with requirement of
persyaratkan aset keuangan tetap diukur financial asset continuous to be measured
pada nilai wajarnya, tetapi selanjutnya at fair value but subsequent gain and
keuntungan dan kerugian diakui di losses are recognised in other
penghasilan komprehensif lain, bukan di comprehensive income rather than profit
laba rugi. and loss.
51
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 745
Page 748
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
i. Aset dan liabilitas keuangan (lanjutan) i. Financial assets and liabilities (continued)
Reklasifikasi Instrumen Keuangan (lanjutan) Reclassification of Financial Instruments
(continued)
Bank dan entitas anak dipersyaratkan untuk Bank and subsidiaries may reclassify
reklasifikasi aset keuangan yang diukur financial assets measured at fair value
pada penghasilan komprehensif lain ke through other comprehensive income to
aset keuangan yang diukur pada nilai wajar financial assets measured at fair value
melalui laporan laba rugi dengan through profit or loss with requirement of
persyaratan aset keuangan tetap diukur financial asset continuous to be recognised
pada nilai wajarnya dan keuntungan dan at fair value and the cumulative gain or loss
kerugian kumulatif yang sebelumnya diakui previously recognised in other
di penghasilan komprehensif lain di comprehensive income is reclassified from
reklasifikasi dari ekuitas ke laba rugi equity to profit and loss.
sebagai penyesuaian reklasifikasi.
Bank dan entitas anak melakukan penilaian Bank and subsidiaries reassess the
kembali terhadap model bisnis setiap business model each reporting period to
periode pelaporan untuk menentukan determine whether there has been change
apakah ada perubahan model bisnis dari in the business model from previous period.
periode sebelumnya.
Perubahan pada model bisnis sangat Changes to the business model are very
jarang terjadi, tetapi jika terjadi perubahan rare, but if the changes occur must be
harus ditentukan oleh manajemen senior determined by senior management of the
Bank dan entitas anak sebagai akibat dari Bank and subsidiaries as a result of external
perubahan eksternal atau internal, or internal changing, significant to the Bank
signifikan terhadap operasional Bank dan and subsidiaries’ operational, and could be
entitas anak, dan bisa dibuktikan pada proven to external parties. In line with this,
pihak eksternal. Sejalan dengan hal changes in the business model of the Bank
tersebut, perubahan pada model bisnis and subsidiaries will occur only if the Bank
Bank dan entitas anak akan terjadi hanya and subsidiaries start and stop to carrying
jika Bank dan entitas anak memulai dan out significant activity to their operating
berhenti untuk melaksanakan aktivitas activity.
yang signifikan terhadap kegiatan
operasinya.
Berikut ini bukan merupakan perubahan The following are not considered to be
dalam model bisnis: changes in the business model:
a. Perubahan intensi berkaitan dengan a. Changes in intention related to certain
aset keuangan tertentu (termasuk financial assets (including in
dalam kondisi terjadi perubahan conditions of significant changes to
signifikan terhadap kondisi pasar). market conditions).
b. Hilangnya suatu pasar secara b. Temporary disappearance of a market
sementara untuk aset keuangan. of financial assets.
c. Pengalihan aset keuangan antar c. Transfer of financial assets between
bagian dari entitas dengan model parts of an entity with a different
bisnis yang berbeda. business model.
52
746 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 749
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
e. Giro pada bank lain dan Bank Indonesia e. Current accounts with other banks and Bank
Indonesia
Giro pada bank lain dan Bank Indonesia setelah Subsequent to initial recognition, current
perolehan awal dinilai sebesar biaya perolehan accounts with other banks and Bank Indonesia
diamortisasi dengan menggunakan metode are measured at their amortized cost using the
suku bunga efektif (EIR). effective interest rate (EIR) method.
Pada setiap tanggal pelaporan, Bank dan At each reporting date, Bank and subsidiaries
entitas anak mengukur penyisihan kerugian measures allowance for expected credit losses
kredit ekspektasian menggunakan metodologi using impairment methodology as disclosed in
penurunan nilai sebagaimana diungkapkan Note 2n.
dalam Catatan 2n.
f. Penempatan pada Bank Indonesia dan bank f. Placements with Bank Indonesia and other
lain banks
Penempatan pada Bank Indonesia dan bank Placements with Bank Indonesia and other
lain merupakan penanaman dana dalam banks consist of call money, fixed term
bentuk call money, penempatan fixed term, placements, time deposits, Deposits Facilities
deposito berjangka, Fasilitas Simpanan Bank of Bank Indonesia (FASBI), Sharia Deposits
Indonesia (FASBI), Fasilitas Simpanan Bank Facilities of Bank Indonesia (FASBIS) and
Indonesia Syariah (FASBIS) dan lain-lain. others.
Penempatan pada Bank Indonesia dinyatakan Placements with Bank Indonesia are stated at
sebesar saldo penempatan dikurangi dengan the outstanding balances, less unearned
pendapatan bunga yang ditangguhkan. interest income.
Pada awal transaksi penempatan pada bank Placements with other banks are initially
lain dinilai berdasarkan nilai wajar ditambah measured at fair value plus incremental direct
biaya transaksi tambahan langsung, jika ada, transaction cost, if any, and subsequently
dan selanjutnya diukur sebesar biaya measured at their amortized cost using the
perolehan diamortisasi dengan menggunakan effective interest rate (EIR) method.
metode suku bunga efektif (EIR).
Pada setiap tanggal pelaporan, Bank dan At each reporting date, Bank and subsidiaries
entitas anak mengukur penyisihan kerugian measures allowance for expected credit losses
kredit ekspektasian menggunakan metodologi using impairment methodology as disclosed in
penurunan nilai sebagaimana diungkapkan Note 2n.
dalam Catatan 2n.
53
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 747
Page 750
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
g. Efek-efek yang diperdagangkan g. Trading securities
Efek-efek yang diperdagangkan terdiri dari Trading securities comprise of Government
Surat Utang Negara, Obligasi Korporasi, Bonds, Corporate Bonds, Bank Indonesia
Sekuritas Bank Indonesia, Sukuk Bank Indonesia Securities, Bank Indonesia Sukuk, and State
dan Surat Perbendaharaan Negara yang Treasury Notes, that are classified as financial
dikategorikan aset keuangan yang diukur pada assets measured at fair value through profit or
nilai wajar melalui laporan laba rugi. loss.
Keuntungan atau kerugian yang belum Unrealized gains or losses resulting from the
direalisasi akibat kenaikan atau penurunan increase or decrease in fair value are
nilai wajar disajikan dalam laporan laba rugi recognized in the current year consolidated
dan penghasilan komprehensif lain statements of profit or loss and other
konsolidasian tahun berjalan. Pendapatan comprehensive income. The interest income
bunga dari efek utang dicatat dalam laporan from debt securities is recorded in the
laba rugi sesuai dengan persyaratan dalam statements of profit or loss according to the
kontrak. Atas penjualan portofolio efek yang terms of the contract. Upon sale of trading
diperdagangkan, selisih antara harga jual securities portfolio, the difference between the
dengan harga perolehan diakui sebagai selling price and the purchase price is
keuntungan atau kerugian penjualan pada recognized as a gain or loss in the year when
tahun di mana efek tersebut dijual. the securities are sold.
Tidak ada penyisihan kerugian kredit No loss allowance for expected credit losses is
ekspektasian yang diakui untuk aset keuangan recognized for financial asset measured at fair
yang diukur pada nilai wajar melalui laporan value through profit or loss.
laba rugi.
h. Investasi keuangan h. Financial investments
Investasi keuangan merupakan investasi pada Financial investments represent investments in
efek-efek yang dikategorikan sebagai diukur marketable securities classified as either,
pada biaya perolehan diamortisasi atau diukur measured at amortised cost or fair value
pada nilai wajar melalui penghasilan through other comprehensive income,
komprehensif lain, penyertaan saham dan investment in shares and receivable from
tagihan atas wesel ekspor. export bills.
54
748 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 751
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
h. Investasi keuangan (lanjutan) h. Financial investments (continued)
Setelah pengakuan awal, investasi keuangan After the initial recognition, financial
dalam instrumen hutang yang diklasifikasikan investments in debt instrument classified as
sebagai diukur pada biaya perolehan measured at amortised cost and receivables
diamortisasi dan tagihan atas wesel ekspor from export bills are measured at amortized
diukur sebesar biaya perolehan diamortisasi cost using the effective interest rate (EIR)
dengan menggunakan metode suku bunga method. Investment in sukuk at acquisition
efektif (EIR). Investasi pada sukuk yang diukur cost is measured at amortized cost using the
pada harga perolehan diukur sebesar biaya straight-line method. Financial investments in
perolehan yang diamortisasi dengan debt instrument classified as fair value through
menggunakan metode garis lurus. Investasi other comprehensive income securities are
keuangan dalam instrumen hutang yang stated at fair value. Unrealized gains or losses
dikategorikan diukur pada nilai wajar melalui from the increase or decrease in fair value, net
penghasilan komprehensif lain dinyatakan of tax, are recognized and presented as an
sebesar nilai wajar. Keuntungan atau kerugian equity component. When the investment is
yang belum direalisasikan dari kenaikan atau disposed of, the cummulative gain or loss, net
penurunan nilai wajar, setelah pajak, diakui dan of tax, previously recognized in other
disajikan sebagai komponen ekuitas. Ketika comprehensive income is recognized in the
investasi tersebut dihapus, keuntungan dan consolidated statement of profit or loss and
kerugian kumulatif setelah pajak, yang other comprehensive income. The losses
sebelumnya diakui di pendapatan arising from impairment of such investments
komprehensif lainnya, diakui dalam laporan are recognized in the consolidated statement
laba rugi dan penghasilan komprehensif lain of profit or loss and other comprehensive
konsolidasian. Kerugian yang timbul dari income and removed from other
penurunan nilai pada investasi tersebut diakui comprehensive income.
dalam laporan laba rugi dan penghasilan
komprehensif lain konsolidasian dan
dikeluarkan dari pendapatan komprehensif
lainnya.
Premi dan/atau diskonto diamortisasi sebagai Premium and/or discount is amortized and
pendapatan bunga dengan menggunakan reported as interest income using the effective
metode suku bunga efektif (EIR). interest rate (EIR) method.
Jika Bank mereklasifikasi investasi keuangan If the Bank reclassifies financial investments
dari kategori pengukuran biaya perolehan from the amortised cost to a fair value through
diamortisasi menjadi kategori pengukuran nilai other comprehensive income, its fair value is
wajar melalui komprehensif lain, nilai wajarnya measured on the reclassification date. Gains or
diukur pada tanggal reklasifikasi. Keuntungan losses arising from the difference between the
atau kerugian yang timbul dari selisih antara previous amortised cost and fair value are
biaya perolehan diamortisasi sebelumnya dan recognized in other comprehensive income.
nilai wajar diakui dalam penghasilan Effective interest rates and measurement of
komprehensif lain. Suku bunga efektif dan expected credit loss are not adjusted as a
pengukuran kerugian kredit ekspektasian tidak result of reclassification. The Bank must
disesuaikan sebagai akibat dari reklasifikasi. reassess its business model in each reporting
Bank harus melakukan penilaian kembali period to determine whether there is a change
terhadap model bisnisnya pada setiap periode in the model from the previous period.
pelaporan untuk menentukan apakah ada
perubahan model dari periode sebelumnya.
55
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 749
Page 752
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
h. Investasi keuangan (lanjutan) h. Financial investments (continued)
Pada setiap tanggal pelaporan, Bank At each reporting date, Bank measure
mengukur penyisihan kerugian kredit allowance for expected credit losses using
ekspektasian menggunakan metodologi impairment methodology as disclosed in Note
penurunan nilai sebagaimana diungkapkan 2n.
dalam Catatan 2n.
Berdasarkan Peraturan Otoritas Jasa Based on Financial Services Authority
Keuangan POJK No. 22 Tahun 2022, tentang Regulation POJK No. 22 Year 2022, concerning
Kegiatan Penyertaan Modal oleh Bank Umum, the Equity Participation Activities of Banks,
penyertaan modal oleh Bank dalam bentuk capital participation by the Bank in the form of
saham hanya dapat dilakukan untuk investasi shares can only be done for long-term
jangka panjang dan tidak dimaksudkan untuk investment and is not intended to buy and sell
jual beli saham. Karena itu semua investasi shares. Therefore all Bank investments in the
Bank dalam bentuk penyertaan saham form of equity participation are classified as
diklasifikasikan sebagai Diukur pada Nilai Wajar Fair at Fair Value through Other
melalui Penghasilan Komprehensif Lain Comprehensive Income (FVOCI).
(FVOCI).
Keuntungan atau kerugian yang belum Unrealized gains or losses from the increase or
direalisasikan dari kenaikan atau penurunan decrease in fair value of investment in share
nilai wajar penyertaan diakui dan disajikan are recognized and presented as an equity
sebagai komponen ekuitas dan setelah component, and after derecognition, gains
penghentian pengakuan, keuntungan dan and losses in other comprehensive income are
kerugian dalam pendapatan komprehensif lain not transffered to profit or loss (without
tidak dipindahkan ke laba atau rugi (“without recycling).
recycling”).
Tidak ada penyisihan kerugian kredit No loss allowance for expected credit losses is
ekspektasian yang diakui untuk penyertaan recognized for investment in shares.
saham.
i. Efek yang dibeli dengan janji dijual kembali i. Securities purchased under resale
(Reverse Repo) dan efek yang dijual dengan agreement (Reverse Repo) and securities
janji dibeli kembali (Repo) sold under repurchased agreement (Repo)
Efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
(reverse repo) diakui sebesar harga jual (reverse repo) are recognized as a repo
kembali efek yang bersangkutan dikurangi receivable in the amount of the resale price of
pendapatan bunga yang belum diamortisasi. the related securities, less unamortized interest
Selisih antara harga beli dengan harga jual income. The difference between purchase
diperlakukan sebagai pendapatan bunga price and the selling price is treated as
yang belum diamortisasi dan diakui sebagai unamortized interest income and is recognized
pendapatan bunga selama jangka waktu sejak as interest income over the period
tanggal akuisisi hingga tanggal dijual kembali commencing from the acquisition date to the
dengan menggunakan metode suku bunga resale date using the Effective Interest Rate
efektif (EIR). (EIR) method.
56
750 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 753
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
i. Efek yang dibeli dengan janji dijual kembali i. Securities purchased under resale
(Reverse Repo) dan efek yang dijual dengan agreement (Reverse Repo) and securities
janji dibeli kembali (Repo) (lanjutan) sold under repurchased agreement (Repo)
(continued)
Efek yang dijual dengan janji dibeli kembali Securities sold under repurchased agreements
(repo) diakui sebesar harga pembelian (repo) are recognized at the agreed
kembali yang disepakati dikurangi beban repurchase price less unamortized interests
bunga yang belum diamortisasi. Beban bunga expense. The unamortized interest expense
yang belum diamortisasi merupakan selisih represents the difference between the selling
antara harga jual dan harga beli kembali yang price and the agreed repurchase price and is
disepakati dan diakui sebagai beban bunga recognized as interest expense during the
selama jangka waktu sejak efek dijual hingga period from the sale of securities to the date of
dibeli kembali dengan menggunakan metode repurchase by using Effective Interest Rate
suku bunga efektif. Efek yang dijual tetap (EIR) method. The securities sold are recorded
dicatat sebagai aset dalam laporan posisi as assets on the consolidated statements of
keuangan konsolidasian karena secara financial position because in substance the
substansi kepemilikan efek tetap berada pada ownership of the securities remains with the
pihak Bank sebagai penjual. Bank as the seller.
Beban bunga diamortisasi dengan Interest expense is amortized by using EIR
menggunakan metode suku bunga efektif. method.
Pada setiap tanggal pelaporan Bank mengukur At each reporting date, Bank measure
penyisihan kerugian kredit ekspektasian allowance for expected credit losses using
menggunakan metode penurunan nilai impairment methodology as disclosed in Note
sebagaimana diungkapkan dalam Catatan 2n. 2n.
j. Instrumen keuangan derivatif j. Derivative financial instruments
Keuntungan atau kerugian dari kontrak derivatif Gain or loss on a derivative contract not
yang tidak ditujukan untuk lindung nilai (atau designated as a hedging instrument (or
tidak memenuhi kriteria untuk dapat derivative contract that does not qualify as a
diklasifikasikan sebagai lindung nilai) diakui hedging instrument) is recognized in the
pada laporan laba rugi dan penghasilan current year consolidated statement of profit
komprehensif lain konsolidasian tahun berjalan. or loss and other comprehensive income.
Derivatif melekat tidak lagi dipisahkan dari Embedded derivatives are no logger
kontrak utama non derivatif yang merupakan separated from their host non-derivatives
aset keuangan. Bank dan entitas anak contract which are financial asset. The Bank
mengklasifikasikan aset keuangan secara and subsidiaries classify financial assets as a
keseluruhan berdasarkan model bisnis dan whole based on the business model and their
jangka waktu kontraktualnya sebagaimana contractual term as outlined in Note 2d.
diungkapkan dalam Catatan 2d.
Seluruh instrumen derivatif (termasuk transaksi All derivatives instruments (including foreign
valuta asing untuk tujuan pendanaan dan exchange transactions for financing and
perdagangan) dicatat dalam laporan posisi trading) are recognized in the consolidated
keuangan konsolidasian berdasarkan nilai statements of financial position at fair value.
wajarnya. Nilai wajar tersebut ditentukan The fair value is based on the market rate,
berdasarkan harga pasar, kurs Reuters pada Reuters exchange rate at consolidated
tanggal pelaporan laporan posisi keuangan statements of financial position date,
konsolidasian, diskonto arus kas, model discounted cash flows, option pricing models
penentu harga opsi atau harga yang diberikan or broker quoted price on other instruments
oleh broker (quoted price) atas instrumen with similar characteristics.
lainnya yang memiliki karakteristik serupa.
57
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 751
Page 754
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
k. Kredit yang diberikan dan k. Loans and Sharia receivables/financing
piutang/pembiayaan Syariah
Setelah pengakuan awal, kredit yang diberikan After initial recognition, loans are measured at
ke nasabah diukur pada biaya perolehan amortized cost using the effective interest rate
diamortisasi menggunakan metode suku (EIR) method less allowance for impairment
bunga efektif (EIR) dikurangi cadangan losses. The amortised cost of loan is the
kerugian penurunan nilai. Biaya perolehan atas amount at which the loan is measured at initial
kredit yang diberikan diamortisasi dihitung recognition minus principal repayments, plus
dengan memperhitungkan nilai kredit pada or minus the cumulative amortization using the
saat pengakuan awal dikurangi pembayaran effective interest rate (EIR) method of any
pokok, ditambah atau dikurangi dengan difference between that initial amount and the
amortisasi kumulatif menggunakan metode maturity amount, and minus any reduction for
suku bunga efektif (EIR) yang dihitung dari impairment or uncollectibility. The amortization
selisih antara nilai awal dan nilai jatuh is recognized in the consolidated statement of
temponya, dikurangi penurunan untuk profit or loss and other comprehensive income.
penurunan nilai atau nilai yang tidak dapat Allowance for impairment is calculated if there
ditagih. Amortisasi tersebut diakui pada is an objective evidence of impairment using
laporan laba rugi dan penghasilan the impairment methodology as disclosed in
komprehensif lain konsolidasian. Cadangan Note 2n.
kerugian atas penurunan nilai dilakukan bila
terdapat bukti objektif penurunan nilai dengan
menggunakan metodologi penurunan nilai
sebagaimana diungkapkan dalam Catatan 2n.
Kredit sindikasi, kredit dalam rangka Syndicated loans, joint financing and
pembiayaan bersama dan penerusan kredit channelling loans are stated at the loan
(channelling) dinyatakan sebesar pokok kredit principal amount based on the risk
sesuai dengan porsi risiko yang ditanggung participation by the Bank and subsidiaries.
oleh Bank dan entitas anak.
Kredit yang diberikan di dalamnya termasuk Loans include murabahah receivables, istishna
piutang murabahah, piutang istishna, receivables, mudharabah financing,
pembiayaan mudharabah, musyarakah dan musyarakah financing and ijarah.
ijarah.
Murabahah adalah akad jual beli barang Murabahah is an agreement for the sale and
dengan harga jual sebesar biaya perolehan purchase of goods with sales price equivalent
ditambah dengan keuntungan (margin) yang to cost plus margin, and the seller should
disepakati dan penjual harus mengungkapkan inform the purchase price to the buyer.
biaya perolehan barang tersebut kepada
pembeli.
Istishna adalah akad jual beli dalam bentuk Istishna is an agreement for the sale and
pemesanan pembuatan barang tertentu purchase based on order to develop certain
dengan kriteria dan persyaratan tertentu yang goods with certain criteria and agreed terms
disepakati antara pembeli (mustashni) dan between buyer (mustashni) and seller (shani).
penjual (shani).
Mudharabah adalah kontrak kerjasama usaha Mudharabah is a commercial cooperation
antara pemilik dana (shahibul maal) dengan contract between the owner of funds (shahibul
pengelola dana (mudharib) berdasarkan rasio maal) and a fund manager (mudharib) based
pendapatan atau keuntungan dan kerugian on a predetermined ratio of revenue or profit
yang telah ditentukan sebelumnya. and loss sharing.
58
752 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 755
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
k. Kredit yang diberikan dan k. Loans and Sharia receivables/financing
piutang/pembiayaan Syariah (lanjutan) (continued)
Musyarakah adalah akad kerjasama antara Musyarakah is an agreement between the
para pemilik modal (mitra musyarakah) untuk investors (musyarakah partner) to combine
menggabungkan modal dan melakukan capital and have a joint-venture in a
usaha secara bersama dalam suatu partnership with nisbah or profit and loss
kemitraan, dengan nisbah atau pembagian sharing based on an agreement or with the
keuntungan dan kerugian sesuai perjanjian proportionate capital contribution.
atau proporsi kontribusi modal.
Ijarah adalah akad sewa menyewa antara Ijarah is a lease agreement between the lessee
pemilik (objek sewa) dan penyewa untuk and the lessor in order to gain income/fee from
mendapatkan imbalan atas objek yang the leased assets.
disewakan.
Pembiayaan mudharabah dan musyarakah Mudharabah and musyarakah financing are
dinyatakan dalam laporan posisi keuangan stated in the consolidated statements of
konsolidasian sebesar saldo pembiayaan financial position at financing balance less
dikurangi dengan cadangan kerugian allowance for impairment losses. The
penurunan nilai. Piutang murabahah dan murabahah receivables and istishna are
istishna disajikan dalam laporan posisi presented in the consolidated statements of
keuangan konsolidasian sebesar nilai neto financial position at the net realizable amount
yang dapat direalisasi, yaitu saldo piutang as the receivables balance less a deferred
dikurangi margin ditangguhkan dan cadangan margin and an allowance for impairment
kerugian penurunan nilai. losses.
Restrukturisasi Kredit Loan Restructuring
Restrukturisasi kredit meliputi modifikasi Loan restructuring may involve a modification
persyaratan kredit, konversi kredit menjadi of the terms of the loans, conversion of loans
saham atau instrumen keuangan lainnya into equity or other financial instruments
dan/atau kombinasi dari keduanya. and/or a combination of both.
Keuntungan/kerugian yang timbul dari Gain/losses on loan restructuring in respect of
restrukturisasi kredit yang berkaitan dengan modification of the terms of the loans are
modifikasi persyaratan kredit hanya diakui bila recognized only if the cash value of total future
nilai tunai penerimaan kas masa depan yang cash receipt specified in the new terms of the
telah ditentukan dalam persyaratan kredit loans, including both receipt designated as
yang baru, termasuk penerimaan yang interest and those designated as loan
diperuntukan sebagai bunga maupun pokok, principal, are greater or less than the recorded
adalah lebih besar atau kecil dari nilai kredit amounts of loans before restructuring.
yang diberikan yang tercatat sebelum
restrukturisasi.
Untuk restrukturisasi kredit bermasalah dengan For loan restructuring which involve a
cara konversi kredit yang diberikan menjadi conversion of loans into equity or other
saham atau instrumen keuangan lainnya, financial instruments, a loss on loan
kerugian dari restrukturisasi kredit diakui hanya restructuring is recognized only if the fair value
apabila nilai wajar penyertaan saham atau of the equity or other financial instruments
instrumen keuangan yang diterima dikurangi received, reduced by estimated costs to sell
estimasi biaya untuk menjualnya atau the equity or other financial instruments, is less
instrumen keuangan lainnya adalah kurang than the carrying value of loan.
dari nilai tercatat kredit yang diberikan.
59
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 753
Page 756
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
l. Tagihan dan liabilitas akseptasi l. Acceptances receivable and acceptances
payable
Dalam kegiatan bisnis yang dijalankan, Bank In the ordinary course of business, the Bank
memberikan jaminan keuangan, seperti letters provides financial guarantees, consisting of
of credit, bank garansi dan akseptasi. letters of credit, bank guarantees and
acceptances.
Tagihan akseptasi diukur pada biaya Acceptances receivable are measured at
perolehan diamortisasi menggunakan metode amortized cost using the effective interest rate
suku bunga efektif (EIR), dikurangi oleh (EIR) method, less allowance for impairment
cadangan kerugian penurunan nilai. Liabilitas losses. Acceptances payable are measured at
akseptasi diukur pada biaya perolehan amortized cost by using the effective interest
diamortisasi menggunakan metode suku rate (EIR) method.
bunga efektif (EIR).
Bank mengukur penyisihan kerugian Bank measure allowances for expected credit
ekspektasian dengan menggunakan losses by using the impairment methodology
metodologi penurunan nilai sebagaimana as disclosed in Note 2n.
diungkapkan dalam Catatan 2n.
Bank hanya membentuk cadangan kerugian Bank calculate allowance of impairment losses
penurunan nilai apabila terdapat indikasi if there is a objective evidence of impairment.
penurunan nilai.
m. Piutang pembiayaan konsumen m. Consumer financing receivables
Piutang pembiayaan konsumen disajikan Consumer financing receivables are presented
setelah dikurangi dengan bagian yang dibiayai net of amounts financed by banks relating to
bank-bank sehubungan dengan transaksi the cooperation transactions in the form of
kerjasama penerusan pinjaman dan loan channeling and joint financing, unearned
pembiayaan bersama, pendapatan consumer financing income and allowance for
pembiayaan konsumen yang belum diakui dan impairment losses.
cadangan kerugian penurunan nilai.
Berdasarkan perjanjian kerjasama Based on consumer joint financing
pembiayaan bersama konsumen tanpa agreements without recourse, the subsidiary
jaminan (without recourse), entitas anak only presents the portion of the total
hanya menyajikan porsi jumlah angsuran installments receivable financing by the
piutang yang dibiayai entitas anak subsidiary (net approach). The consumer
(pendekatan neto). Pendapatan pembiayaan financing income is presented net of amounts
konsumen disajikan setelah dikurangi dengan of the banks’ rights on such income relating to
bagian yang merupakan hak bank-bank the transactions. For consumer joint financing
dalam rangka transaksi tersebut. Untuk agreements with recourse, consumer
pembiayaan bersama konsumen dengan financing receivables represent all consumers’
jaminan (with recourse), piutang pembiayaan installments and the total facilities financed by
konsumen merupakan seluruh jumlah creditors are recorded as liability (gross
angsuran dari pelanggan dan kredit yang approach).
disalurkan oleh penyedia dana dicatat sebagai
liabilitas (pendekatan bruto).
60
754 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 757
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
m. Piutang pembiayaan konsumen (lanjutan) m. Consumer financing receivables (continued)
Pendapatan pembiayaan konsumen yang Unearned income on consumer financing,
belum diakui, yang merupakan selisih antara which is the excess of the aggregate
jumlah seluruh pembayaran angsuran yang installment payments to be received from the
akan diterima dari konsumen dengan jumlah consumer over the principal amount financed,
pokok pembiayaan konsumen, diakui sebagai is recognized as income over the term of the
pendapatan sesuai dengan jangka waktu respective agreement using the effective
kontrak pembiayaan konsumen berdasarkan interest rate method.
tingkat suku bunga efektif piutang
pembiayaan konsumen.
Selisih neto antara pendapatan administrasi The net difference between the administration
yang diperoleh dari konsumen pada saat income earned from the consumer at the first
pertama kali perjanjian pembiayaan time the financing agreement is signed and
konsumen ditandatangani dan biaya-biaya initial direct costs related to consumer
yang timbul pertama kali yang terkait langsung financing facility is deferred and presented as
dengan kredit pembiayaan konsumen part of “Consumer Financing Receivables” in
ditangguhkan dan disajikan sebagai bagian the consolidated statements of financial
dari “Piutang Pembiayaan Konsumen” pada position and recognized as an adjustment to
laporan posisi keuangan konsolidasian dan the yield received throughout the consumer
diakui sebagai penyesuaian atas imbal hasil financing period using effective interest rate
selama periode pembiayaan konsumen method and presented as a part of “Net
berdasarkan tingkat suku bunga efektif dan Consumer Financing Receivables Revenue”
disajikan sebagai bagian dari “Pendapatan under interest income in the consolidated
Pembiayaan Konsumen - Neto” pada statement of profit or loss and other
pendapatan bunga dalam laporan laba rugi comprehensive income for the current year.
dan penghasilan komprehensif lain
konsolidasian tahun berjalan.
Cadangan kerugian kredit ekspektasian Allowance for expected credit losses is
dihitung menggunakan metodologi penurunan calculated using the impairment methodology
nilai sebagaimana diungkapkan dalam as disclosed in Note 2n.
Catatan 2n.
Termasuk dalam piutang pembiayaan Included in consumer financing receivables are
konsumen adalah piutang pembiayaan multipurpose financing receivables, working
multiguna, piutang pembiayaan modal kerja, capital financing receivables, investment
piutang pembiayaan investasi, piutang sewa financing receivables, finance lease
pembiayaan, piutang pembiayaan konsumen receivables, consumer financing receivables
dan piutang pembiayaan murabahah. and murabahah financing receivables.
Akad murabahah secara substansi merupakan Substantially, murabahah contract is a
suatu pembiayaan, sehingga pengakuan financing, so that margin recognition is based
margin dilakukan berdasarkan standar yang on standards which regulate financing, as
mengatur pembiayaan, seperti yang disebutkan mentioned in consumer financing policy.
dalam kebijakan pembiayaan konsumen.
Piutang yang tak tertagih dihapuskan Receivables are written-off when they are
berdasarkan evaluasi manajemen entitas anak deemed to be uncollectible based on
dan setelah menunggak masing-masing lebih subsidiary’s management evaluation and when
dari 210 (dua ratus sepuluh) hari dan 180 they are overdue for more than 210 (two
(seratus delapan puluh) hari untuk WOM dan hundred and ten) days and 180 (one hundred
MIF. Penerimaan dari piutang yang telah and eighty) days for WOM and MIF, respectively.
dihapusbukukan diakui sebagai pendapatan Collection of receivables previously written-off is
lain-lain pada saat terjadinya. recognized as other income at the time of
occurrence.
61
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 755
Page 758
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
n. Penurunan nilai aset keuangan n. Impairment of financial assets
Penurunan nilai aset keuangan Impairment of financial assets
Pada setiap tanggal pelaporan, Bank mengukur At each reporting date, Bank measures the
penyisihan kerugian penurunan nilai instrumen Allowance of impairment losses on financial
keuangan sejumlah kerugian kredit instruments over their lifetime expectancy, if
ekspektasian sepanjang umurnya, jika risiko the credit risk of the financial instrument has
kredit atas instrumen keuangan tersebut telah increased significantly since initial recognition.
meningkat secara signfikan sejak pengakuan If at the reporting date, the credit risk of the
awal. Jika pada tanggal pelaporan, risiko kredit financial instrument has not increased
atas instrumen keuangan tidak meningkat significantly since initial recognition, the entity
secara signifikan sejak pengakuan awal, entitas measures the allowance of impairment losses
mengukur penyisihan kerugian untuk instrumen for the financial instrument in the amount of
keuangan tersebut sejumlah kerugian the expected 12 months loss. The
ekspektasian 12 bulan. Kerugian dimaksud aforementioned losses represent expected
merepresentasikan kerugian kredit loan losses arising from financial instrument
ekspektasian yang timbul dari peristiwa gagal defaults that may occur 12 months after the
bayar instrumen keuangan yang mungkin reporting date.
terjadi dalam 12 bulan setelah tanggal
pelaporan.
Bank dan entitas anak menerapkan The Bank and subsidiaries apply a three -
pendekatan tiga tahap berdasarkan kualitas stage approach based on the change in credit
kredit sejak awal pengakuan: quality since initial recognition:
- Tahap 1 : - Stage 1 :
Tahap 1 ini termasuk aset keuangan yang Stage 1 includes financial assets which
tidak memiliki peningkatan risiko kredit have not had a significant increase in
signifikan sejak pengakuan awal atau yang credit risk since initial recognition or which
memiliki risiko kredit rendah saat tanggal have low credit risk at reporting date.
pelaporan. Kerugian kredit penurunan nilai 12 months ECL is recognised.
12 bulan diakui.
- Tahap 2 : - Stage 2 :
Tahap 2 ini termasuk aset keuangan yang Stage 2 includes financial assets which
memiliki peningkatan risiko kredit signifikan have had a significant increase in credit
sejak pengakuan awal (kecuali memiliki risk since initial recognition (unless they
risiko kredit yang rendah pada tanggal have low credit risk at the reporting date)
pelaporan) namun tidak memiliki bukti but do not have objective evidence of
obyektif penurunan nilai. Kerugian kredit impairment. Lifetime ECL is recognised.
penurunan nilai sepanjang masa diakui.
- Tahap 3 : - Stage 3 :
Tahap 3 ini termasuk aset keuangan yang Stage 3 includes financial assets that have
memiliki bukti objektif penurunan nilai objective evidence of impairment at the
pada tanggal pelaporan. Kerugian kredit reporting date. Lifetime ECL is recognised.
penurunan nilai sepanjang masa diakui.
62
756 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 759
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
n. Penurunan nilai aset keuangan (lanjutan) n. Impairment of financial assets (continued)
Penurunan nilai aset keuangan (lanjutan) Impairment of financial assets (continued)
Sesuai dengan siaran pers dari Ikatan Akuntan In accordance to press conference of
Indonesia (IAI) pada tanggal 10 Januari 2018 Indonesian institute of Accountants on
dan ISAK 102 khusus untuk transaksi berbasis January 10, 2018 and Interpretation of Financial
Syariah pengukuran penurunan nilai dari Acounting Standards (ISFAS) particularly for
kelompok aset keuangan masih belum sharia based transaction impairment losses
mengadopsi PSAK 109. from group of financial assets still has not
adopted SFAS 109.
Bank dan entitas anak menerapkan The Bank and subsidiaries applies an
persyaratan penurunan nilai untuk aset impairment requirement for financial assets
keuangan yang diukur pada biaya perolehan measured at amortised cost and financial
diamortisasi dan aset keuangan yang diukur assets measured at fair value through other
pada nilai wajar melalui penghasilan comprehensive income.
komprehensif lain.
Bank mengakui penurunan nilai atas komitmen The Bank recognizes the impairment of loan
pinjaman dan kontrak jaminan keuangan. commitments and financial guarantee
Untuk kontrak jaminan keuangan, Bank contracts. For financial guarantee contracts,
mempertimbangkan perubahan risiko bahwa the Bank considers changes in risk that the
debitur yang ditetapkan dalam kontrak akan debtor specified in the contract will default. For
mengalami gagal bayar. Untuk komitmen lending commitments, the Bank considers
pinjaman, Bank mempertimbangkan changes in default risk that occur on loans
perubahan risiko gagal bayar yang terjadi pada related to loan commitments.
pinjaman yang terkait dengan komitmen
pinjaman.
Pengukuran kerugian kredit ekspektasian untuk The measurement of expected credit loss for a
kontrak jaminan keuangan adalah financial guarantee contract is a payment
pembayaran yang diekspektasi untuk expected to replace the collateral holder for the
mengganti pemegang jaminan atas kerugian credit loss incurred less the amount the entity
kredit yang terjadi dikurangi jumlah yang expects to receive from the collateral holder,
diharapkan entitas untuk diterima dari debtor or other party.
pemegang jaminan, debitur atau pihak lain.
Tujuan dari persyaratan penurunan nilai adalah The purpose of the impairment requirements is
untuk mengakui kerugian kredit ekspektasian to recognize expected credit losses over the life
sepanjang umurnya atas semua instrumen of all financial instruments that have
keuangan yang telah mengalami peningkatan experienced a significant increase in credit risk
risiko kredit secara signifikan sejak pengakuan since initial recognition - whether assessed
awal - baik dinilai secara individu atau kolektif - individually or collectively - taking into account
dengan mempertimbangkan semua informasi all reasonable and supported information,
yang wajar dan terdukung, termasuk informasi including estimated information future
yang bersifat perkiraan masa depan (forward- (forward-looking).
looking).
63
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 757
Page 760
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
n. Penurunan nilai aset keuangan (lanjutan) n. Impairment of financial assets (continued)
Penurunan nilai aset keuangan (lanjutan) Impairment of financial assets (continued)
Dalam beberapa keadaan Bank tidak memiliki In some circumstances the Bank does not have
informasi yang wajar dan terdukung yang reasonable and supported information
tersedia tanpa biaya atau upaya berlebihan available without fees or excessive efforts to
untuk mengukur kerugian kredit ekspektasian measure expected credit losses throughout its
sepanjang umurnya pada instrumen secara life on individual instruments. Expected credit
individual. Kerugian kredit ekspektasian losses for the entire lifetime are recognized
sepanjang umurnya diakui secara kolektif collectively by considering comprehensive
dengan mempertimbangkan informasi risiko credit risk information. The comprehensive
kredit komprehensif. Informasi risiko kredit credit risk information must include not only
komprehensif tersebut harus memasukan tidak arrears information but also all relevant credit
hanya informasi tunggakan tetapi juga seluruh information, including forward-looking
informasi kredit relevan, termasuk informasi macroeconomic information, to approach the
makroekonomi forward-looking, untuk outcome of recognizing expected credit losses
mendekati hasil dari pengakuan kerugian kredit over the life of when there is a significant
ekspektasian sepanjang umurnya ketika increase in credit risk since initial recognition at
terdapat kenaikan signifikan pada risiko kredit the level of individual instruments.
sejak pengakuan awal pada level instrumen
individu.
Cadangan kerugian penurunan nilai secara Allowance for impairment losses on impaired
individual dihitung dengan menggunakan financial assets that was assessed individually
metode diskonto arus kas (discounted cash is computed using discounted cash flows
flows). Sedangkan cadangan kerugian method. While allowance for impairment losses
penurunan nilai secara kolektif dihitung dengan on impaired financial assets that was assessed
menggunakan metode statistik dari data collectively, the Bank uses statistical method of
historis berupa probability of default di masa the historical data such as the probability of
lalu, waktu pengembalian dan jumlah kerugian defaults, time of recoveries, the amount of loss
yang terjadi (Loss Given Default) yang incurred (Loss Given Default), considering
selanjutnya disesuaikan lagi dengan management’s judgment of current economic
pertimbangan manajemen terkait kondisi and credit conditions.
ekonomi dan kredit saat ini.
Aset keuangan dan cadangan yang terkait Financial assets together with the associated
tersebut dihapuskan jika tidak ada peluang allowance are written-off when there is no
yang realistis untuk pengembalian di masa realistic prospect of future recovery and all
datang dan semua jaminan telah direalisasi collateral has been released or has been
atau sudah diambil alih oleh Bank dan entitas transferred to the Bank and subsidiaries.
anak. Aset keuangan tersebut dihapus buku Financial assets is written-off by reversing
dengan menjurnal balik cadangan kerugian allowance for impairment losses. Financial
penurunan nilai. Aset keuangan tersebut dapat assets are written-off after all necessary
dihapus buku setelah semua prosedur yang procedures has been performed and amount
diperlukan telah dilakukan dan jumlah kerugian of loss has been determined.
telah ditentukan.
64
758 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 761
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
n. Penurunan nilai aset keuangan (lanjutan) n. Impairment of financial assets (continued)
Jika, pada suatu periode berikutnya, jumlah If, in the next period, the amount of allowance
kerugian penurunan nilai berkurang dan for impairment losses is decreased and the
pengurangan tersebut dapat dikaitkan secara decrease can be related objectively to an event
objektif pada peristiwa yang terjadi setelah that occured after the recognition of the
penurunan nilai diakui (seperti meningkatnya impairment losses (i.e. upgrade debtor’s or
peringkat kredit debitur atau penerbit), maka issuer’s credit rating), therefore the impairment
kerugian penurunan nilai yang sebelumnya loss that was previously recognized has to be
diakui harus dipulihkan, dengan menyesuaikan reversed, by adjusting the allowance account.
akun cadangan. Jumlah pemulihan aset The reversal amount of financial assets is
keuangan diakui pada laporan laba rugi dan recognized in the consolidated statement of
penghasilan komprehensif lain konsolidasian. profit or loss and other comprehensive income.
Penerimaan kembali atas aset keuangan yang The recoveries of written-off financial assets, in
diberikan yang telah dihapusbukukan, pada current period is credited by adjusting the
periode berjalan dikreditkan dengan allowance accounts. Recoveries of written-off
menyesuaikan akun cadangan. Penerimaan loans from previous period are recorded as
kembali atas kredit yang diberikan yang telah operational income other than interest income.
dihapusbukukan pada periode sebelumnya
dicatat sebagai pendapatan operasional selain
bunga.
o. Aset tetap, aset hak-guna dan penyusutan o. Fixed assets, right-of-use assets and
depreciation
Aset tetap Fixed assets
Sesuai dengan PSAK No. 216 (Penyesuaian 2015) In accordance with SFAS No. 216 (Improvement
tentang “Aset Tetap”, Bank mengukur akuntansi 2015) on “Property, Plant and Equipment”, the
untuk aset tetap berkaitan dengan pengukuran Bank reassessed its accounting for fixed assets
atas tanah setelah pengakuan awal. with respect to the measurement of land after
Sebelumnya Bank mengukur semua aset tetap initial recognition. The Bank has previously
dengan menggunakan model biaya, setelah measured all of its fixed assets using the cost
pengakuan awal, aset dinyatakan pada biaya model whereby, after initial recognition, the
perolehan dikurangi dengan akumulasi assets was carried at cost less accumulated
penyusutan dan akumulasi penurunan nilai. depreciation and accumulated impairment
losses.
Pada 1 Januari 2016, Bank memilih untuk On January 1, 2016, the Bank decided to change
mengubah metode akuntansi untuk aset tetap the method of accounting for land classified as
tanah dari model biaya menjadi model fixed assets from cost model to revaluation
revaluasi, Bank berkeyakinan bahwa model model, since the Bank believes that revaluation
revaluasi lebih efektif menunjukkan posisi model more effectively demonstrates the
keuangan atas tanah. financial position of land.
Penilaian atas aset tersebut dilakukan secara Valuations are performed with sufficient
berkala untuk memastikan bahwa nilai wajar regularity to ensure that the fair value of a
aset yang direvaluasi tidak berbeda secara revalued asset does not differ materially from
material dengan nilai tercatatnya. its carrying amount.
65
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 759
Page 762
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Aset tetap, aset hak-guna dan penyusutan o. Fixed assets, right-of-use assets and
(lanjutan) depreciation (continued)
Aset tetap (lanjutan) Fixed assets (continued)
Setelah pengakuan awal, Bank menggunakan After initial recognition, the Bank uses the
model revaluasi, tanah akan diukur pada nilai revaluation model, whereby land will be
wajar pada tanggal revaluasi dikurangi measured at fair value at the date of
dengan akumulasi penurunan nilai. Bank revaluation less any subsequent accumulated
menerapkan model revaluasi secara impairment losses. The Bank applied the
prospektif. revaluation model prospectively.
Nilai wajar tanah ditentukan melalui penilaian Fair value of land are determined through an
yang dilakukan oleh penilai yang memiliki assessment conducted by appraisal who have
kualifikasi profesional berdasarkan bukti pasar. professional qualifications based on market
evidence.
Jika jumlah tercatat aset meningkat akibat If the carrying amount of asset increased due
revaluasi, maka kenaikan tersebut diakui to revaluation, the increase value is recognized
dalam pendapatan komprehensif lain dan in other comprehensive income and being
terakumulasi dalam ekuitas pada bagian accumulated in the fixed assets revaluation
surplus revaluasi aset tetap. Namun, kenaikan surplus of the equity. However, the increase is
tersebut diakui dalam laba rugi hingga sebesar recognized in profit or loss to the extent that its
jumlah penurunan nilai aset yang sama akibat revaluation reserves decrease of the same
revaluasi yang diakui sebelumnya dalam laba assets previously recognized in profit or loss.
rugi.
Jika jumlah tercatat aset turun akibat revaluasi, If the carrying amount of asset decreased due
maka penurunan tersebut diakui dalam laba to revaluation, the decrease value is
rugi. Namun, penurunan nilai tersebut diakui recognized in the profit or loss. However, the
dalam pendapatan komprehensif lain decrease is recognized in other
sepanjang tidak melebihi saldo surplus comprehensive income to the extent of any
revaluasi aset tetap untuk aset tersebut. credit balance existing in the fixed assets
Penurunan nilai yang diakui dalam revaluation surplus in respect of that asset. The
pendapatan komprehensif lain tersebut decrease recognized in other comprehensive
mengurangi jumlah akumulasi dalam ekuitas income reduces the amount accumulated in
pada bagian surplus revaluasi aset tetap. equity under the fixed assets revaluation
surplus.
Jika nilai wajar dari aset yang direvaluasi If the fair and fluctuative value of the revalued
mengalami perubahan yang signifikan dan asset change significant, it is necessary to
fluktuatif, maka perlu direvaluasi secara revaluate on an annual basis, whereas if the
tahunan, sedangkan jika nilai wajar dari aset fair value of the revaluated asset does not
yang direvaluasi tidak mengalami perubahan change significant and fluctuative, it is
yang signifikan dan fluktuatif, maka perlu necessary to revaluate at least every 3 (three)
dilakukan revaluasi paling kurang 3 (tiga) years.
tahun sekali.
66
760 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 763
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Aset tetap, aset hak-guna dan penyusutan o. Fixed assets, right-of-use assets and
(lanjutan) depreciation (continued)
Aset tetap (lanjutan) Fixed assets (continued)
Aset tetap selain tanah disusutkan dengan Fixed assets other than land are depreciated
menggunakan metode garis lurus (straight- using the straight-line method. The annual
line method). Persentase penyusutan per depreciation rates are as follows:
tahun adalah sebagai berikut:
Persentase/
Percentage
Bangunan: Buildings:
Permanen 5% Permanent
Non-permanen 10% Non-permanent
Aset tetap diluar bangunan: Fixed Assets other than buildings:
Peralatan kantor dan instalasi 10% - 20% Office equipment and installation
Kendaraan bermotor 20% - 33,33% Motor vehicles
Mesin ATM 12,50% ATM machines
Apabila aset tetap tidak digunakan lagi dan When assets are retired and disposed, their
dijual, maka harga perolehan dan akumulasi acquisition cost and the related accumulated
penyusutannya dikeluarkan dari laporan depreciation are eliminated from the
keuangan konsolidasian dan keuntungan dan consolidated financial statements, and the
kerugian dari penghentian aset tetap diakui resulting gains and losses on the disposal of
dalam laporan laba rugi dan penghasilan fixed assets are recognized in the consolidated
komprehensif lain konsolidasian. statement of profit or loss and other
comprehensive income.
Pada setiap akhir tahun buku, Bank melakukan At the end of each year, the Bank reviews the
penelaahan atas nilai residu, masa manfaat residual values, useful life and depreciation
dan metode penyusutan dan melakukan method and makes corresponding
penyesuaian yang diperlukan secara prospektif. adjustments prospectively.
Biaya perbaikan dan pemeliharaan Repairs and maintenance are charged to the
dibebankan ke dalam laporan laba rugi dan consolidated statement of profit or loss and
penghasilan komprehensif lain konsolidasian other comprehensive income during the
selama tahun di mana biaya-biaya tersebut financial year in which they are incurred. The
terjadi. Biaya renovasi yang besar dicatat cost of major renovations is recorded as part
sebagai bagian dari nilai tercatat aset yang of carrying amount of the asset when it is
bersangkutan apabila terdapat kemungkinan probable that future economic benefits in
Bank dan entitas anak akan mendapatkan excess of the originally assessed standard of
manfaat ekonomi masa depan dari aset performance of the existing asset will flow to
tersebut yang melebihi standar kinerja yang the Bank and subsidiaries. Major renovations
diperkirakan sebelumnya. Renovasi yang besar are depreciated over the remaining useful life
tersebut akan disusutkan selama sisa masa of the related asset.
manfaat aset yang terkait.
Semua biaya dan beban yang terjadi All costs and expenses incurred in connection
sehubungan dengan perolehan hak atas with the acquisition of land rights are
tanah, diakui sebagai biaya perolehan hak recognized as part of the land rights’s
atas tanah. acquisition.
67
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 761
Page 764
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Aset tetap, aset hak-guna dan penyusutan o. Fixed assets, right-of-use assets and
(lanjutan) depreciation (continued)
Aset tetap (lanjutan) Fixed assets (continued)
Biaya pengurusan legal hak atas tanah ketika The legal cost incurred when the land was first
tanah diperoleh pertama kali diakui sebagai acquired is recognized as part of the land
bagian dari biaya perolehan aset tanah. acquisition cost.
Aset dalam penyelesaian merupakan aset Construction in progress consist of assets that
yang masih dalam proses pembangunan dan are still in progress of construction and not yet
belum siap untuk digunakan serta ready for use and are intended to be used in
dimaksudkan untuk dipergunakan dalam business activity. This account is recorded
kegiatan usaha. Aset ini dicatat sebesar biaya based on the amount paid.
yang telah dikeluarkan.
Aset hak-guna Right-of-use assets
PSAK 116 memperkenalkan model akuntansi SFAS 116 introduces a single lessee accounting
penyewa tunggal dan mensyaratkan penyewa model and requires a lessee to recognise
untuk mengakui aset dan liabilitas untuk assets and liabilities for all leases with the
semua sewa dengan pengecualian sewa exemptions of short-term leases and the
jangka pendek dan aset dengan nilai rendah. underlying asset is of low value. A lessee is
Penyewa diharuskan untuk mengakui aset required to recognise a right-of-use asset
hak-guna yang mewakili haknya untuk representing its right to use the underlying
menggunakan aset sewaan dan liabilitas sewa leased asset and a lease liability representing
yang mewakili kewajibannya untuk melakukan its obligation to make lease payments. SFAS 116
pembayaran sewa. PSAK 116 secara substansial substantially carries forward the lessor
masih menggunakan persyaratan akuntansi accounting requirements in SFAS 30 Leases.
atas pesewa (lessor) sesuai PSAK 30 Sewa. Oleh Accordingly, a lessor continues to classify its
karena itu, penyewa masih akan leases as operating leases or finance leases,
menggunakan klasifikasi sewa dalam sewa and to account for those two types of leases
operasi atau pembiayaan, dan perlakuan atas differently.
kedua tipe sewa tersebut.
Dampak penerapan PSAK 116 adalah Bank The impact of SFAS 116 at the Bank is where the
sebagai penyewa atas kontrak sewa properti, Bank is a lessee in property lease contracts.
data center dan ruang ATM. Bank telah memilih The Bank has elected the simplified approach
simplified approach dalam melakukan transisi of transition and did not restate comparative
dan tidak melakukan penyajian kembali untuk information.
informasi komparatif.
Pada tanggal 1 Januari 2020, Bank mengakui On January 1, 2020, the Bank recognised a
liabilitas sewa, sebagai pembayaran sewa lease liability, being the remaining lease
yang tersisa termasuk atas opsi perpanjangan payments including extensions options where
di mana perpanjangan hampir dapat renewal is reasonably certain, discounted
dipastikan, didiskontokan menggunakan using the incremental borrowing rate at the
tingkat bunga pinjaman inkremental pada date of initial application. The corresponding
tanggal penerapan awal. Aset hak-guna yang right-of-use asset recognised was an amount
diakui adalah jumlah yang sama dengan equal to the lease liability, adjusted by the
liabilitas sewa, yang disesuaikan dengan amount of prepaid or accrued lease payments
jumlah pembayaran sewa dibayar di muka relating to those leases.
atau terutang terkait sewa tersebut.
68
762 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 765
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Aset tetap, aset hak-guna dan penyusutan o. Fixed assets, right-of-use assets and
(lanjutan) depreciation (continued)
Aset hak-guna (lanjutan) Right-of-use assets (continued)
Beban keuangan dicatat dalam laporan laba Finance expense is recorded in the
rugi konsolidasian. Aset sewa (disajikan consolidated statement of income. Leased
sebagai bagian aset tetap) disusutkan selama assets (presented under fixed assets) are
jangka waktu yang lebih pendek antara umur depreciated over the shorter of the estimated
manfaat aset sewa dan periode masa sewa, useful life of the assets and the lease term, if
jika tidak ada kepastian yang memadai bahwa there is no reasonable certainty that Bank will
Bank akan mendapatkan hak kepemilikan obtain ownership by the end of the lease term.
pada akhir masa sewa.
p. Aset tidak berwujud p. Intangible assets
Aset tidak berwujud terdiri dari goodwill dan Intangible assets consist of goodwill and
perangkat lunak. computer software.
Aset tidak berwujud diakui jika, dan hanya jika, Intangible assets are recognized if, and only if
biaya perolehan aset tersebut dapat diukur when its cost can be measured reliably and it
secara andal dan kemungkinan besar Bank is probable that expected future benefits that
dan entitas anak akan memperoleh manfaat are attributable to it will flow to the Bank and
ekonomis masa depan dari aset tersebut. subsidiaries.
i. Goodwill i. Goodwill
Goodwill merupakan selisih neto antara Goodwill represents the excess of the
harga perolehan investasi dan bagian Bank acquisition cost over the Bank’s share of fair
atas nilai wajar aset neto entitas anak yang value of the acquired subsidiaries’ net
diakuisisi pada tanggal akuisisi. assets at the date of acquisition.
Goodwill tidak diamortisasi dan selanjutnya Goodwill is not amortized and subsequently
disajikan sebesar nilai tercatat dikurangi presented at carrying value less
dengan akumulasi penurunan nilai. accumulated impairment losses.
ii. Perangkat lunak ii. Software
Perangkat lunak yang bukan merupakan Computer software which is not an integral
bagian integral dari perangkat keras yang part of a related hardware is recorded as
terkait dicatat sebagai aset tidak berwujud intangible asset and stated at carrying
dan dinyatakan sebesar nilai tercatat, yaitu amount, which is cost less accumulated
sebesar harga perolehan dikurangi dengan amortization.
akumulasi amortisasi.
Biaya perolehan perangkat lunak terdiri dari Cost of software consists of all expenses
seluruh pengeluaran yang dapat dikaitkan directly attributable to the preparation of
langsung dalam persiapan perangkat such software cost and ready to be used for
lunak tersebut dan siap digunakan sesuai their intended purpose.
dengan tujuannya.
69
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 763
Page 766
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
p. Aset tidak berwujud (lanjutan) p. Intangible assets (continued)
ii. Perangkat lunak (lanjutan) ii. Software (continued)
Pengeluaran setelah perolehan perangkat Subsequent expenditure on software is
lunak dapat ditambahkan pada biaya capitalized as software only if those
perolehan perangkat lunak atau expenditure increases the future economic
dikapitalisasi sebagai perangkat lunak benefits of the software, so that it becomes
hanya jika pengeluaran tersebut larger than originally expected
menambah manfaat ekonomis masa depan performance standards. Expenditure with
dari perangkat lunak yang bersangkutan no addition of future economic benefits
sehingga menjadi lebih besar dari standar from the software is directly recognized as
kinerja yang diperkirakan semula. expenses when incurred.
Pengeluaran yang tidak menambah
manfaat ekonomis masa depan dari
perangkat lunak diakui sebagai beban pada
saat terjadinya.
Perangkat lunak diamortisasi dengan Computer software is amortized by using
menggunakan metode garis lurus selama straight-line method over the estimated
estimasi umur manfaatnya, yaitu 5 (lima) - useful life of software, which is 5 (five) - 10
10 (sepuluh) tahun. (ten) years.
Amortisasi perangkat lunak diakui dalam Amortization is recognized in the
laporan laba rugi dan penghasilan consolidated statement of profit or loss and
komprehensif lain konsolidasian, sejak other comprehensive income from the date
tanggal perangkat lunak tersebut tersedia those software is available for use until the
untuk dipakai sampai berakhirnya masa economic benefits of software is ended.
manfaat dari perangkat lunak tersebut.
Aset tidak berwujud dihentikan pengakuannya An intangible asset shall be derecognized on
jika dilepas atau ketika tidak terdapat lagi disposal or when no future economic benefits
manfaat ekonomi masa depan yang are expected from its use or disposal. The gain
diharapkan dari penggunaan atau or loss arising from the derecognition of an
pelepasannya. Keuntungan atau kerugian intangible asset shall be determined as the
yang muncul dari penghentian pengakuan difference between the net disposal proceeds,
aset tak berwujud ditentukan sebagai selisih if any, and the carrying amount of the asset.
antara hasil neto pelepasan, jika ada, dan Gains or losses shall be recognized in profit or
jumlah tercatat aset. Keuntungan atau loss when the asset is derecognized.
kerugian diakui dalam laba rugi ketika aset
tersebut dihentikan pengakuannya.
q. Agunan diambil alih q. Foreclosed assets
Agunan yang diambil alih disajikan dalam akun Foreclosed assets are presented in the “Other
“Aset Lain-lain”. Assets” account.
Agunan yang diambil alih dinyatakan sebesar Foreclosed assets are stated at net realizable
nilai realisasi neto atau sebesar nilai saldo value or loan outstanding amount, whichever
outstanding kredit yang diberikan, mana yang is lower. Net realizable value is the fair value of
lebih rendah. Nilai realisasi neto adalah nilai the foreclosed assets less estimated costs of
wajar agunan yang diambil alih dikurangi sale the assets.
dengan estimasi biaya untuk menjual agunan
tersebut.
70
764 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
q. Agunan diambil alih (lanjutan) q. Foreclosed assets (continued)
Selisih lebih saldo kredit di atas nilai realisasi The excess of loan receivable over the net
neto dari agunan yang diambil alih realizable value of the foreclosed assets is
dibebankan ke dalam akun cadangan charged to allowance for impairment of the
kerugian penurunan nilai kredit. Selisih antara loan losses. The difference between the value
nilai agunan yang diambil alih dan hasil of the foreclosed assets and the proceeds
penjualannya diakui sebagai keuntungan atau from the sale of such property is recorded as
kerugian pada saat penjualan. a gain or loss when the property is sold.
Manajemen mengevaluasi nilai agunan yang Management evaluates the value of
diambil alih secara berkala. Cadangan foreclosed assets periodically. An allowance
kerugian agunan yang diambil alih dibentuk for possible losses on foreclosed assets is
berdasarkan penurunan nilai agunan yang provided based on the decline in value of
diambil alih. foreclosed assets.
Beban pemeliharaan agunan yang diambil alih Maintenance expense of foreclosed assets are
dibebankan pada laporan laba rugi dan charged in the current year of consolidated
penghasilan komprehensif lain konsolidasian statement of profit or loss and other
tahun berjalan pada saat terjadinya. comprehensive income as incurred.
r. Beban dibayar di muka dan aset lain-lain r. Prepayments and other assets
Terdiri dari aset yang tidak material yang tidak Consist of immaterial assets that cannot be
dapat digolongkan dalam pos-pos classified under the above accounts. Other
sebelumnya. Aset lain-lain dinyatakan sebesar assets are stated at carrying amount, which is
nilai tercatat, yaitu harga perolehan setelah cost less accumulated amortization,
dikurangi dengan akumulasi amortisasi, allowance for impairment losses or possible
cadangan kerugian penurunan nilai atau losses.
penyisihan kerugian.
Beban dibayar di muka diamortisasi selama Prepaid expenses are amortized over their
masa manfaat menggunakan metode garis useful lives using the straight-line method.
lurus (straight line method).
s. Liabilitas segera s. Obligations due immediately
Liabilitas segera dicatat pada saat timbulnya Obligations due immediately are recorded
liabilitas, baik dari nasabah maupun dari bank when the payable arise from the customers or
lain. Liabilitas segera dinyatakan sebesar from other banks. Obligations due
jumlah liabilitas Bank. Liabilitas segera diukur immediately are stated at the amount
sebesar biaya perolehan diamortisasi. payable by the bank. Obligations due
immediately are measured at their amortized
cost.
t. Simpanan nasabah t. Deposits from customers
Simpanan nasabah adalah dana yang Deposits from customers are deposits of
dipercayakan oleh nasabah (di luar bank lain) customers (excluding other banks) with the
kepada Bank berdasarkan perjanjian Bank based on deposit agreements. Deposits
penyimpanan dana. Simpanan nasabah terdiri from customers consist of demand deposits,
dari giro, tabungan dan deposito berjangka. savings deposits and time deposits.
71
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 765
Page 768
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
t. Simpanan nasabah (lanjutan) t. Deposits from customers (continued)
Simpanan termasuk simpanan Syariah dan Deposits include Sharia deposits and
investasi tidak terikat yang terdiri dari: unrestricted investments consisting of the
following:
a Wadiah merupakan wadiah yad- a. Wadiah is a wadiah yad-adhamanah
adhamanah yakni titipan dana dalam savings or demand deposit on which the
bentuk giro dan tabungan di mana pemilik customer may receive bonus income.
dana mendapatkan pendapatan bonus.
b. Investasi tidak terikat dalam bentuk b. Unrestricted investments in the form of
tabungan mudharabah yang merupakan mudharabah savings which entitle the
simpanan dana nasabah yang customer to receive a share of the Sharia
memberikan imbalan bagi hasil untuk unit’s income in return for the usage of the
nasabah dari pendapatan unit Syariah atas funds in accordance with the pre-defined
penggunaan dana sesuai dengan nisbah and predetermined sharing ratio (nisbah).
yang telah ditetapkan dan disetujui
sebelumnya.
c. Investasi tidak terikat dalam bentuk deposito c. Unrestricted investments in the form of
berjangka mudharabah merupakan mudharabah time deposits which entitle
simpanan dana nasabah yang memberikan the customer to receive a share of the
imbalan bagi hasil untuk nasabah dari Sharia unit’s income in return for the
pendapatan unit Syariah atas penggunaan usage of the funds in accordance with the
dana sesuai dengan nisbah yang telah pre-defined and predetermined sharing
ditetapkan dan disetujui sebelumnya. ratio (nisbah).
Giro, tabungan dan deposito berjangka diakui Demand deposits, savings deposits and time
sebesar nilai wajar pada awalnya dan deposits are initially recognized at fair value
selanjutnya diukur sebesar biaya perolehan and subsequently measured at amortized
diamortisasi. Biaya perolehan diamortisasi cost. Amortized cost is calculated by taking
dihitung dengan memperhitungkan adanya into account any discount or premium related
diskonto atau premi terkait dengan pengakuan to the initial recognition of deposits from
awal simpanan nasabah dan biaya transaksi customers and transaction costs that are an
yang merupakan bagian yang tak terpisahkan integral part of the effective interest rate (EIR).
dari suku bunga efektif (EIR).
u. Simpanan dari bank lain u. Deposits from other banks
Simpanan dari bank lain terdiri dari liabilitas Deposits from other banks represent liabilities
terhadap bank lain, baik lokal maupun luar to other banks, both domestic and overseas
negeri, dalam bentuk giro, tabungan, interbank banks, in the form of demand deposits, savings
call money dengan periode jatuh tempo deposits, interbank call money with maturity
menurut perjanjian kurang dari atau sama period based on agreement less than or equal
dengan 90 (sembilan puluh) hari dan deposito to 90 (ninety) days and time deposits.
berjangka.
72
766 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
u. Simpanan dari bank lain (lanjutan) u. Deposits from other banks (continued)
Simpanan dari bank lain diakui sebesar nilai Deposits from other banks are initially
wajar pada awalnya dan selanjutnya diukur recognized at fair value and subsequently
sebesar biaya perolehan diamortisasi dengan measured at amortized cost using the effective
menggunakan metode suku bunga efektif interest rate (EIR) method. Amortized cost is
(EIR). Biaya perolehan diamortisasi dihitung calculated by taking into account any discount
dengan memperhitungkan adanya diskonto or premium related to the initial recognition of
atau premi terkait dengan pengakuan awal deposits from other bank and transaction
simpanan dari bank lain dan biaya transaksi costs that are an integral part of the effective
yang merupakan bagian yang tidak interest rate (EIR).
terpisahkan dari suku bunga efektif (EIR).
Simpanan dari bank lain termasuk simpanan Deposits from other banks include Sharia
Syariah dalam bentuk giro wadiah dan deposits in the form of wadiah demand
investasi tidak terikat yang terdiri dari deposito deposits and unrestricted investments which
berjangka mudharabah. comprised mudharabah time deposits.
v. Surat berharga yang diterbitkan dan obligasi v. Securities issued and subordinated bonds
subordinasi
a. Surat berharga yang diterbitkan a. Securities issued
Surat berharga yang diterbitkan terdiri dari Securities issued consist of bonds,
obligasi, medium-term notes, sukuk dan medium-term notes, sukuk and call
call money yang berjangka waktu di atas 90 money with tenor of more than 90 (ninety)
(sembilan puluh) hari. Kebijakan akuntansi days. The accounting policies regarding
untuk sukuk telah diungkapkan dalam sukuk has already been disclosed in
Catatan 2d. Note 2d.
Surat berharga yang diterbitkan diakui Securities issued are initially recognized at
sebesar nilai wajar pada awalnya dan fair value and subsequently measured at
selanjutnya diukur sebesar biaya perolehan amortized cost using the effective interest
diamortisasi dengan menggunakan rate (EIR) method. Amortized cost is
metode suku bunga efektif (EIR). Biaya calculated by taking into account any
perolehan diamortisasi dihitung dengan discount or premium on the initial
memperhitungkan adanya diskonto atau acquisition and transaction costs that are
premi terkait dengan pengakuan awal dan an integral part of the effective interest
biaya transaksi yang merupakan bagian rate (EIR).
yang tidak terpisahkan dari suku bunga
efektif (EIR).
b. Pinjaman subordinasi b. Subordinated loan
Pinjaman long term notes subordinasi Subordinated long term notes are initially
diakui sebesar nilai wajar pada awalnya recognized at fair value and subsequently
dan selanjutnya diukur sebesar nilai biaya measured at amortized cost using the
perolehan diamortisasi dengan effective interest rate (EIR) method.
menggunakan metode suku bunga efektif Amortized cost is calculated by taking into
(EIR). Biaya perolehan diamortisasi dihitung account any discount or premium on the
dengan memperhitungkan adanya initial acquisition of subordinated loan
diskonto atau premi terkait dengan and transaction costs that are an integral
pengakuan awal pinjaman subordinasi dan part of the effective interest rate (EIR).
biaya transaksi yang merupakan bagian
yang tidak terpisahkan dari suku bunga
efektif (EIR).
73
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 767
Page 770
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
w. Pinjaman diterima w. Borrowings
Pinjaman diterima merupakan dana yang Borrowings are funds received from other
diterima dari bank lain, Bank Indonesia atau pihak banks, Bank Indonesia or other parties with
lain dengan liabilitas pembayaran kembali payment obligation based on borrowings
sesuai dengan persyaratan perjanjian pinjaman. agreements.
Pinjaman diterima diakui sebesar nilai wajar Borrowings are initially recognized at fair value
pada awalnya dan selanjutnya diukur sebesar and subsequently measured at amortized cost
biaya perolehan diamortisasi dengan using the effective interest rate (EIR) method.
menggunakan metode suku bunga efektif Amortized cost is calculated by taking into
(EIR). Biaya perolehan diamortisasi dihitung account any discount or premium related to
dengan memperhitungkan adanya diskonto the initial recognition of borrowings and
atau premi terkait dengan pengakuan awal transaction costs that are an integral part of
pinjaman diterima dan biaya transaksi yang the effective interest rate (EIR).
merupakan bagian yang tidak terpisahkan dari
suku bunga efektif (EIR).
x. Pendapatan dan beban bunga dan Syariah x. Interest and Sharia income and expense
Untuk instrumen keuangan yang diukur pada Interest income and expenses for all financial
biaya perolehan diamortisasi dan aset instruments measured at amortized cost and
keuangan yang diklasifikasikan sebagai yang financial assets classified as measured at fair
diukur pada nilai wajar melalui penghasilan value through other comprehensive income is
komprehensif lain, pendapatan maupun recorded using the effective interest rate (EIR)
beban bunganya diakui dengan method, which is the rate that exactly
menggunakan metode suku bunga efektif (EIR), discounts estimated future cash payments or
yaitu suku bunga yang akan mendiskonto receipts through the expected life of the
secara tepat estimasi pembayaran atau financial instrument or a shorter period, where
penerimaan kas di masa datang sepanjang appropriate, to the net carrying amount of the
perkiraan umur instrumen keuangan tersebut financial asset or financial liability. The
atau, jika lebih tepat untuk masa yang lebih calculation takes into account all contractual
singkat, sebagai nilai tercatat neto dari aset terms of the financial instrument and includes
atau liabilitas keuangan tersebut. Perhitungan any fees or incremental costs that are directly
dilakukan dengan mempertimbangkan attributable to the instrument and integral part
seluruh syarat dan ketentuan kontraktual of the effective interest rate (EIR).
instrumen keuangan termasuk fee/biaya
tambahan yang terkait secara langsung
dengan instrumen tersebut yang merupakan
bagian tidak terpisahkan dari suku bunga
efektif (EIR).
74
768 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 771
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
x. Pendapatan dan beban bunga dan Syariah x. Interest and Sharia income and expense
(lanjutan) (continued)
Nilai tercatat aset dan liabilitas keuangan The carrying amount of the financial asset and
disesuaikan jika Bank merevisi estimasi liability is adjusted if the Bank revises its
pembayaran maupun penerimaan. Nilai estimates of payments or receipts. The
tercatat yang disesuaikan tersebut dihitung adjusted carrying amount is calculated based
dengan menggunakan suku bunga efektif (EIR) on the original effective interest rate (EIR) and
awal dan perubahan nilai tercatat dicatat di the change in carrying amount is recorded in
laporan laba rugi dan penghasilan the consolidated statement of profit or loss
komprehensif lain konsolidasian. Tetapi untuk and other comprehensive income. However, for
aset keuangan yang telah direklasifikasi, di a reclassified financial asset for which the Bank
mana pada tahun berikutnya Bank subsequently increases its estimates of future
meningkatkan estimasi penerimaan kas cash receipts as a result of increased
sebagai hasil dari peningkatan pengembalian recoverability of those cash receipts, the effect
penerimaan kas, dampak peningkatan of that increase is recognized as an
pemulihan tersebut diakui sebagai adjustment to the effective interest rate (EIR)
penyesuaian suku bunga efektif (EIR) sejak from the date of the change in estimate.
tanggal perubahan estimasi.
Jika aset keuangan atau kelompok aset If a financial assets or a group of similar
keuangan serupa telah diturunkan nilainya financial assets has been written down as a
sebagai akibat kerugian penurunan nilai, maka result of an impairment loss, interest income is
pendapatan bunga yang diperoleh setelahnya recognized on the unimpaired portion of the
diakui atas bagian aset keuangan yang tidak impaired financial assets using the rate of
mengalami penurunan nilai dari aset interest used to discount the future cash flows
keuangan yang mengalami penurunan nilai, for the purpose of measuring the impaired loss.
berdasarkan suku bunga yang digunakan
untuk mendiskonto arus kas masa datang
dalam menghitung kerugian penurunan nilai.
Pendapatan murabahah yang termasuk margin Murabahah income which includes deferred
ditangguhkan dan pendapatan administrasi, margin and administrative income, are
diakui dengan menggunakan metode setara recorded using the effective rate of return
tingkat imbal hasil efektif, yaitu tingkat imbal method, which is the rate that exactly
hasil setara yang akan mendiskonto secara discounts estimated future cash payments or
tepat estimasi pembayaran atau penerimaan receipts through the expected life of the
kas di masa datang sepanjang perkiraan umur financial instrument or a shorter period, where
instrumen keuangan tersebut atau, jika lebih appropriate, to the net carrying amount of the
tepat untuk masa yang lebih singkat untuk nilai financial asset or financial liability. The
tercatat bersih dari aset keuangan atau liabilitas calculation takes into account all contractual
keuangan. Perhitungan dilakukan dengan terms of the financial instrument and includes
memperhitungkan seluruh syarat dan any fees or incremental costs that are directly
ketentuan kontraktual dari instrumen keuangan attributable to the instrument and are an
dan biaya tambahan yang timbul secara integral part of the effective financing rate.
langsung untuk instrumen tersebut dan
merupakan bagian tidak terpisahkan dari
tingkat imbal hasil efektif margin pembiayaan.
75
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 769
Page 772
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
x. Pendapatan dan beban bunga dan Syariah x. Interest and Sharia income and expense
(lanjutan) (continued)
Pendapatan bagi hasil musyarakah yang Profit sharing for passive partner in
menjadi hak mitra pasif diakui dalam periode musyarakah is recognized in the period when
terjadinya hak bagi hasil sesuai nisbah yang the right arises in accordance with the agreed
disepakati. sharing ratio (nisbah).
Pendapatan bagi hasil pembiayaan Mudharabah income are recognized when
mudharabah diakui pada saat diterima atau cash is received or in a period where the right
dalam periode terjadinya hak bagi hasil sesuai of revenue sharing is due based on agreed
nisbah yang disepakati. portion (nisbah).
Pendapatan pembiayaan konsumen entitas The consumer financing income of
anak dinyatakan sebesar pendapatan bersih subsidiaries is presented net of amounts of the
setelah dikurangi dengan bagian pendapatan bank’s portion on such income relating to the
dari bank-bank yang terkait dengan transaksi cooperation transactions of loan channeling,
kerjasama penerusan pinjaman, pembiayaan joint financing and receivable transfer and
bersama dan pengambilalihan piutang serta appointment as an agent to administer the
penunjukkan selaku pengelola piutang yang transferred receivable (Note 2n).
diambil alih tersebut (Catatan 2n).
Untuk kredit yang diberikan dan pembiayaan For loans and consumer financing receivables
konsumen yang pembayaran angsuran pokok with principal or interest has been past due for
atau bunganya telah lewat 90 hari atau lebih 90 days or more, or where the loans and
setelah jatuh tempo, atau kredit dan pembiayaan consumer financing receivables have been
konsumen yang telah dikategorikan sebagai classified as impaired loans, the interest
yang mengalami penurunan nilai, pendapatan income accrued but not yet collected is
bunga yang sudah diakui tetapi belum ditagih reversed.
akan dibatalkan pengakuannya.
Pendapatan denda atas keterlambatan Penalty income arising from late payments of
pembayaran angsuran pembiayaan consumer financing installments is recognized
konsumen diakui pada saat realisasi. when realized.
Pelunasan sebelum masa pembiayaan Early repayment is treated as cancellation of
konsumen berakhir diperlakukan sebagai suatu an existing agreement and the resulting gain
pembatalan kontrak pembiayaan konsumen or loss is reflected in the consolidated
dan laba atau rugi yang timbul, diakui dalam statement of profit or loss and other
laporan laba rugi dan penghasilan comprehensive income for the year.
komprehensif lain konsolidasian tahun berjalan.
76
770 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 773
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
x. Pendapatan dan beban bunga dan Syariah x. Interest and Sharia income and expense
(lanjutan) (continued)
Entitas anak berhak menentukan tingkat bunga The subsidiaries have the right to set higher
yang lebih tinggi kepada konsumen daripada interest rates to customers than that stated by
tingkat bunga yang ditetapkan oleh bank-bank the banks for the cooperation transactions of
sehubungan dengan transaksi kerja sama loan channeling, joint financing and receivable
penerusan pinjaman, pembiayaan bersama transfer and appointment as an agent to
dan pengambilalihan piutang serta administer the transferred receivables. The
penunjukan selaku pengelola piutang. Selisih difference is recognized as revenue from such
bunga yang terjadi dari transaksi tersebut transactions by the subsidiaries and presented
diakui sebagai pendapatan dan disajikan as Consumer Financing Revenue under
sebagai Pendapatan Pembiayaan Konsumen interest income in the consolidated statement
pada pendapatan bunga dalam laporan laba of profit or loss and other comprehensive
rugi dan penghasilan komprehensif lain income for the year.
konsolidasian tahun berjalan.
Beban syariah terdiri dari beban bagi hasil dari Sharia expense consists of expense for profit
simpanan nasabah dengan akad distribution on customer deposits with
mudharabah dan bonus atas simpanan mudharabah contract and bonus on
dengan akad wadiah. customers deposits with wadiah contract.
Beban, kecuali beban yang timbul pertama kali Expenses, except for the initial direct cost
yang terkait langsung dengan piutang relating to the consumer financing receivables
pembiayaan konsumen seperti dijelaskan as explained in Note 2m, are recognized when
pada Catatan 2m, diakui pada saat terjadinya. incurred.
y. Pendapatan dan beban provisi dan komisi y. Fees and commission income and expense
Pendapatan dan beban provisi dan komisi Fees and commissions income and expense
yang jumlahnya material yang berkaitan that have material amount directly related
langsung dengan kegiatan pembelian aset with the acquisition of financial assets are
keuangan diakui sebagai bagian/(pengurang) recognized as part/(deduction) or addition of
atau penambah dari biaya perolehan aset acquisition cost of related financial assets and
keuangan yang bersangkutan dan akan diakui will be recognized as income and amortized
sebagai pendapatan dengan cara using the effective interest rate (EIR) method
diamortisasi berdasarkan metode suku bunga during the expected life of financial assets or
efektif (EIR) sepanjang perkiraan umur aset liabilities.
atau liabilitas keuangan.
Saldo beban dan pendapatan provisi dan The outstanding balances of provision and
komisi yang ditangguhkan atas kredit yang commission income and expense of loans
diberikan yang diakhiri atau diselesaikan terminated or settled prior to maturity are
sebelum jatuh tempo langsung diakui sebagai directly recognized as income in settlement.
pendapatan pada saat penyelesaiannya.
Provisi dan komisi yang tidak berkaitan dengan Provision and commissions that are not related
kredit yang diberikan dan pinjaman yang to loans and borrowings or immaterial period
diterima atau jangka waktu kredit yang loans and borrowings are recognized as
diberikan dan pinjaman yang diterima atau income and expenses at the time the
tidak material, diakui sebagai pendapatan transactions incurred.
atau beban pada saat terjadinya transaksi.
77
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 771
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08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
y. Pendapatan dan beban provisi dan komisi y. Fees and commission income and expense
(lanjutan) (continued)
Bank dan entitas anak mengakui pendapatan The Bank and subsidiaries recognized its
sesuai dengan ketentuan Pernyataan Standar revenue in accordance with Statement of
Akuntansi Keuangan (PSAK) No. 115 mengenai Financial Accounting Standards (SFAS) No. 115
“Pendapatan dari Kontrak dengan Pelanggan”. regarding “Revenue from Contract with
Customers”.
z. Perpajakan z. Taxation
Sesuai dengan PSAK No. 212 (Revisi 2014) In accordance with SFAS No. 212 (Revised 2014)
tentang “Pajak Penghasilan”, aset dan liabilitas on “Income Taxes”, deferred tax assets and
pajak tangguhan diakui atas perbedaan liabilities are recognized for temporary
temporer aset dan liabilitas antara pelaporan differences between the financial and tax
komersial dan pajak pada setiap tanggal bases of assets and liabilities at each reporting
pelaporan. date.
Liabilitas pajak tangguhan diakui atas semua Deferred tax liabilities are recognized for all
perbedaan temporer kena pajak. Aset pajak taxable temporary differences. Deferred tax
tangguhan diakui atas semua perbedaan assets are recognized for all deductible
temporer yang dapat dikurangkan dan saldo temporary differences and carry-forward
rugi pajak yang belum digunakan, apabila balance of unused tax losses, if there are
besar kemungkinannya bahwa jumlah laba probable future that taxable income will be
fiskal di masa datang akan memadai untuk sufficient to be applied against the deductible
dikompensasi dengan perbedaan temporer temporary differences and unused tax losses
yang dapat dikurangkan dan saldo rugi fiskal can be utilized.
yang belum digunakan.
Aset dan liabilitas pajak tangguhan dihitung Deferred tax assets and liabilities are
dengan tarif pajak (dan peraturan pajak) yang calculated at the tax rates (and tax laws) that
berlaku secara efektif atau secara substansial are effective or substantially expected to apply
akan diberlakukan pada tahun di mana aset to the year when the asset is realized or the
tersebut direalisasikan atau liabilitas tersebut liability is settled.
diselesaikan.
Semua perbedaan temporer kena pajak diakui All taxable temporary difference should be
sebagai liabilitas pajak tangguhan, kecuali recognized as deferred tax liability, except
perbedaan temporer kena pajak yang berasal taxable temporary difference arises from:
dari:
a. pengakuan awal goodwill. a. the initial recognition of goodwill.
b. pengakuan awal aset atau liabilitas dari b. the initial recognition of an asset or liability
transaksi yang bukan kombinasi bisnis; in a transaction which is not a business
dan pada waktu transaksi tidak combination; and at the time of the
mempengaruhi laba akuntansi dan laba transaction, affects neither accounting
kena pajak (rugi pajak). profit nor taxable profit (tax loss).
c. investasi pada entitas anak, cabang dan c. investment in subsidiaries, branches and
asosiasi, serta bagian partisipasi dalam associates, and interest in joint ventures
ventura bersama di mana entitas induk, where the parent, investor or venturer is
investor atau venturer mampu able to control the timing of the reversal of
mengendalikan waktu pembalikan the temporary difference and it is probable
perbedaan temporer dan kemungkinan that the temporary difference will not
besar perbedaan temporer tidak akan reverse in the foreseeable future.
dibalik di masa yang akan datang.
78
772 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
z. Perpajakan (lanjutan) z. Taxation (continued)
Semua perbedaan temporer kena pajak diakui All deductible temporary difference shall be
sebagai aset pajak tangguhan, kecuali recognized as deferred tax asset, except for the
perbedaan temporer kena pajak yang berasal temporary differences arises from:
dari:
a. Pengakuan awal aset atau liabilitas dari a. The initial recognition of an asset or liability
transaksi yang bukan kombinasi bisnis; in a transaction which is not a business
dan pada waktu transaksi tidak combination; and at the time of the
mempengaruhi laba akuntansi dan laba transaction, affects neither accounting
kena pajak (rugi pajak). profit nor taxable profit (tax loss).
b. Investasi pada entitas anak, cabang dan b. Investment in subsidiaries, branches and
asosiasi, serta bagian partisipasi dalam associates, and interest in joint ventures
ventura bersama diakui sebagai aset shall be recognized as a deferred tax asset,
pajak tangguhan sepanjang kemungkinan only to the extent that, it is probable that
besar terjadi perbedaan temporer akan the temporary differences will be reversed
dibalik di masa depan yang dapat in the foreseeable future; and taxable
diperkirakan; dan laba kena pajak akan profit will be available against which the
tersedia dalam jumlah yang memadai temporary difference can be utilized.
sehingga perbedaan temporer dapat
dimanfaatkan.
Taksiran pajak penghasilan Bank dan entitas The estimation of income tax of the Bank and
anak dihitung untuk masing-masing subsidiaries is computed for each company as
perusahaan sebagai badan hukum terpisah. a separate legal entity. Current tax assets and
Aset pajak kini (current tax assets) dan liabilitas current tax liabilities for different legal entities
pajak kini (current tax liabilities) untuk badan are not offset in the consolidated financial
hukum yang berbeda tidak disalinghapuskan statements.
(offset) dalam laporan keuangan
konsolidasian.
Koreksi terhadap liabilitas perpajakan dicatat Amendments to taxation obligations are
pada saat diterimanya surat ketetapan, atau recorded when an assessment letter is
apabila diajukan permohonan keberatan atau received, or objection or appeal is submitted,
banding, ketika hasil keberatan atau banding or the results of the objection or appeal has
sudah ditetapkan kecuali jika ada been determined unless there is a significant
ketidakpastian yang signifikan mengenai hasil agreement regarding the results of the
dari banding tersebut, di mana dampak dari agreement, the impact of the amendment to
amandemen kewajiban pajak berdasarkan the tax obligations based on the tax
ketetapan pajak tersebut diakui pada saat assessment is recognized when submitting an
mengajukan banding. appeal.
Beban pajak kini ditentukan berdasarkan Current tax expense is determined based on
penghasilan kena pajak untuk tahun berjalan the taxable income for the current year and
dan dihitung menggunakan tarif pajak yang computed using prevailing tax rates.
berlaku.
Bank harus memperhitungkan konsekuensi Bank is required to account for the current and
pajak kini dan pajak masa depan atas future recovery (settlement) of the carrying
pemulihan di masa depan (penyelesaian) dari amount of assets (liabilities) that are
jumlah tercatat aset (liabilitas) yang diakui recognized in the consolidated statements of
dalam laporan posisi keuangan konsolidasian financial position and transactions and other
dan transaksi-transaksi serta peristiwa lain events of the current period that are
yang terjadi dalam periode berjalan yang recognized in the financial statements.
diakui dalam laporan keuangan.
79
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 773
Page 776
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
aa. Laba per saham aa. Earnings per share
Laba per saham dasar dihitung dengan Basic earnings per share is computed by
membagi laba tahun berjalan yang dapat dividing income for the year attributable to
diatribusikan kepada pemegang saham biasa ordinary equity holders of the parent company
entitas induk dengan jumlah rata-rata by the weighted average number of shares
tertimbang saham yang beredar pada tahun outstanding during the year.
yang bersangkutan.
ab. Dana pensiun dan manfaat karyawan ab. Pension fund and employee benefit
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek seperti upah, Short-term employee benefits such as wages,
iuran jaminan sosial, tunjangan cuti jangka social security contributions, short-term
pendek, bonus dan imbalan non-moneter compensated leaves, bonuses and other non-
lainnya diakui selama periode jasa diberikan. monetary benefits are recognized during the
Imbalan kerja jangka pendek dihitung sebesar period when services have been rendered.
jumlah yang tidak didiskontokan. Short-term employee benefits are calculated
using undiscounted amounts.
Kewajiban pensiun Pension obligations
Sejak Mei 1996, Bank menyelenggarakan Since May 1996, the Bank had a defined
program pensiun Iuran Pasti untuk semua contribution pension plan for all of its local
karyawan tetap. Iuran yang ditanggung Bank permanent employees. Contributions borne by
diakui sebagai beban pada tahun berjalan. the Bank are recognized as expense in the
current year.
Bank dan entitas anak yang berdomisili di The Bank and subsidiaries domiciled in
Indonesia mengakui kerja berdasarkan Indonesia recognize provisions for employee
Undang-undang No.13/2003 tanggal service entitlements in accordance with Labor
25 Maret 2003 (Bank mengakui penyisihan Law No.13/2003 dated March 25, 2003 (the Bank
tersebut sebagai tambahan atas manfaat recognizes the provision in addition to the
yang akan diterima karyawan dari program benefit to be received by the employees from
pensiun iuran pasti dan perjanjian kerja the pension plan and collective employment
bersama). agreement).
Bank dan entitas anak menerapkan PSAK The Bank and subsidiaries adopted SFAS No.
No. 219 (Penyesuaian 2016), “Imbalan Kerja”, 219 (Improvement 2016), “Employee Benefits”,
yang mengatur perlakuan akuntansi dan which regulates accounting treatment and
pengungkapan atas imbalan kerja, baik jangka disclosure employee benefit, for both short-
pendek (misalnya pembayaran cuti tahunan term (such as annual leave and sick leave
dan cuti sakit) dan jangka panjang (misalnya, payment) and long-term (such as long-
pembayaran cuti besar dan manfaat service leave and post-employment medical
kesehatan pasca-kerja). benefits).
Imbalan pasca-kerja secara aktuaris The post-employment benefits are actuarially
ditentukan berdasarkan metode Projected Unit determined using the Projected Unit Credit
Credit. Method.
80
774 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 777
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ab. Dana pensiun dan manfaat karyawan ab. Pension fund and employee benefit
(lanjutan) (continued)
Kewajiban pensiun (lanjutan) Pension obligations (continued)
Perkiraan liabilitas pada tanggal laporan posisi The estimated liabilities as of the consolidated
keuangan konsolidasian merupakan nilai kini statement of financial position date represents
imbalan pasti pada tanggal laporan posisi the present value of the defined benefit
keuangan konsolidasian dikurangi nilai wajar obligation as of the consolidated statement of
aset program. financial position date less the fair value of
plan assets.
Biaya imbalan pasca-kerja yang diakui selama The post-employment benefits expense
tahun berjalan terdiri dari biaya jasa dalam recognized during the current year consists of
laba rugi, bunga neto atas liabilitas imbalan service cost in profit and loss, net interest on
pasti neto dalam laba rugi dan pengukuran the net defined benefit liability in profit and loss
kembali liabilitas imbalan pasti neto dalam and remeasurement of the net defined benefit
penghasilan komprehensif lain. liabilities in other comprehensive income.
Bunga neto atas liabilitas imbalan pasti neto Net interest on the net defined benefit liabilites
merupakan komponen pendapatan bunga is the interest income component of plan
dari aset program, biaya bunga atas liabilitas assets, interest expense of defined benefit
imbalan pasti dan bunga atas dampak batas obligation and interest on the effect of asset
atas dari aset. ceiling.
Pengukuran kembali liabilitas imbalan pasti Remeasurements of the net defined benefit
neto terdiri atas: liability consists of:
- Keuntungan dan kerugian aktuarial; - Actuarial gains and losses;
- Imbal hasil atas aset program, tidak - Return on plan assets, excluding amount
termasuk jumlah yang dimasukkan dalam included in net interest on the net defined
bunga neto atas liabilitas imbalan pasti neto; benefit liability; and
dan
- Setiap perubahan dampak batas atas aset, - Any change in effect of the asset ceiling,
tidak termasuk jumlah yang dimasukkan excluding amount including in net interest
dalam bunga neto atas liabilitas imbalan on the net defined benefit liability.
pasti neto.
Penangguhan pengakuan keuntungan dan Deferred recognition of actuarial gains and
kerugian aktuarial tidak diizinkan. Keuntungan losses is not allowed. Actuarial gains and
dan kerugian aktuarial langsung diakui dalam losses are recognised directly in other
komponen penghasilan komprehensif lain comprehensive income component in equity
dalam ekuitas dan dapat dialihkan ke pos lain and can be transferred to other post within
dalam ekuitas. equity.
ac. Segmen operasi ac. Operating segment
Segmen operasi adalah komponen Bank dan An operating segment is a Bank’s and
entitas anak yang terlibat dalam aktivitas subsidiaries’ component that is involved in
bisnis yang memperoleh pendapatan dan business activities which derive income and
menimbulkan beban, yang hasil operasinya incur expenses, which the operating results is
dikaji ulang secara regular oleh pengambil reviewed regularly by operational decision
keputusan operasional untuk membuat maker for making decision related to resource
keputusan tentang sumber daya yang that is allocated to the segment and evaluates
dialokasikan pada segmen tersebut dan the performance and provide separable
menilai kinerjanya serta menyediakan financial information.
informasi keuangan yang dapat dipisahkan.
81
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 775
Page 778
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ac. Segmen operasi (lanjutan) ac. Operating segment (continued)
Segmen operasi terbagi dalam kelompok The operating segment has been divided into
Perbankan Global, Perbankan Bisnis, Ritel dan Global Banking, Business Banking, Retail and
Kantor Pusat serta lainnya. Head Office and others.
Bank dan entitas anak melaporkan informasi The Bank and subsidiaries report the following
geografis sebagai berikut: geographical information:
(a) Pendapatan dari pelanggan eksternal (a) Revenues from external customers (i)
(i) yang diatribusikan kepada negara attributed to the Bank’s and subsidiaries’
domisili Bank dan entitas anak dan (ii) yang country of domicile and (ii) attributed to
diatribusikan kepada semua negara asing all foreign countries in total from which the
secara total di mana Bank dan entitas anak Bank and subsidiaries derive revenues.
memperoleh pendapatan.
(b) Aset tidak lancar selain instrumen (b) Non current assets, other than financial
keuangan, aset pajak yang ditangguhkan, instruments, deferred tax assets, post-
aset imbalan pasca-kerja dan hak yang employment benefit assets, and rights
timbul akibat kontrak asuransi (i) yang arising under insurance contracts (i) is
berlokasi di negara domisili Bank dan located in the Bank’s and subsidiaries’
entitas anak dan (ii) berlokasi di semua country of domicile (ii) located in all
negara asing secara total di mana Bank overseas country in total where the Bank
dan entitas anak memiliki aset tersebut. and subsidiaries owned the assets.
ad. Transaksi dengan pihak berelasi ad. Transactions with related parties
Bank dan entitas anak melakukan transaksi The Bank and subsidiaries enter into
dengan pihak berelasi sesuai dengan transactions with parties which are defined as
ketentuan Pernyataan Standar Akuntansi related parties in accordance with Statement
Keuangan (PSAK) No. 224 mengenai of Financial Accounting Standards (SFAS)
“Pengungkapan Pihak-Pihak Berelasi”. No. 224 regarding “Related Parties”.
Jenis transaksi dan saldo dengan pihak The nature of transactions and balances of
berelasi, baik yang dilaksanakan dengan accounts with related parties, whether or not
ataupun tidak dilaksanakan dengan syarat performed on normal terms and conditions
serta kondisi normal yang sama untuk pihak similar to those with third parties, are disclosed
yang tidak berelasi, diungkapkan dalam in the notes to the consolidated financial
catatan atas laporan keuangan konsolidasian. statements.
Pihak berelasi adalah orang atau entitas yang A related party is a person or entity that is
terkait dengan entitas yang menyiapkan related to the entity that is preparing its
laporan keuangannya (entitas pelapor). Yang financial statements (in this Standard referred
termasuk pihak berelasi adalah sebagai to as the ‘reporting entity’). The related parties
berikut: are as follows:
1) Orang atau anggota keluarga terdekat 1) A person or a close member of that
mempunyai relasi dengan entitas pelapor person’s family is related to a reporting
jika orang tersebut: entity if that person:
a) Memiliki pengendalian atau a) Has control or joint control of the
pengendalian bersama atas entitas reporting entity;
pelapor;
b) Memiliki pengaruh signifikan atas b) Has significant influence over the
entitas pelapor; atau reporting entity; or
c) Merupakan personil manajemen kunci c) Is a member of the key management
entitas pelapor atau entitas induk personnel of the reporting entity or of a
entitas pelapor. parent of the reporting entity.
82
776 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 779
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ad. Transaksi dengan pihak berelasi (lanjutan) ad. Transactions with related parties (continued)
2) Suatu entitas berelasi dengan entitas 2) An entity is related to a reporting entity if
pelapor jika memenuhi salah satu hal any of the following conditions applies:
sebagai berikut:
a) Entitas dan entitas pelapor adalah a) The entity and the reporting entity are
anggota dari kelompok usaha yang members of the same group (which
sama (artinya entitas induk, entitas means that each parent, subsidiary and
anak dan entitas anak berikutnya terkait fellow subsidiary is related to the
dengan entitas lain); others);
b) Suatu entitas adalah entitas asosiasi b) One entity is an associate or joint
atau ventura bersama dari entitas lain venture of the other entity (or an
(atau entitas asosiasi atau ventura associate or joint venture of a member
Bersama yang merupakan anggota of a group of which the other entity is a
suatu kelompok usaha, yang mana member);
entitas lain tersebut adalah
anggotanya);
c) Kedua entitas tersebut adalah ventura c) Both entities are joint ventures of the
bersama dari pihak ketiga yang sama; same third party;
d) Suatu entitas adalah ventura bersama d) One entity is a joint venture of a third
dari entitas ketiga dan entitas yang lain entity and the other entity is an
adalah entitas asosiasi dari entitas associate of the third entity;
ketiga;
e) Entitas tersebut adalah suatu program e) The entity is a post-employment benefit
imbalan paskakerja untuk imbalan kerja plan for the benefit of employees of
dari salah satu entitas pelapor atau either the reporting entity or an entity
entitas yang terkait dengan entitas related to the reporting entity;
pelapor;
f) Entitas yang dikendalikan atau f) The entity is controlled or jointly
dikendalikan bersama oleh orang yang controlled by a person identified in (1); or
diidentifikasi sebagaimana dimaksud
dalam angka 1); atau
g) Orang yang diidentifikasi sebagaimana g) A person identified in (1) (a) has
dimaksud dalam angka 1) huruf a) significant influence over the entity or is
memiliki pengaruh signifikan atas a member of the key management
entitas atau merupakan personil personnel of the entity (or of a parent of
manajemen kunci entitas (atau entitas the entity).
induk dari entitas).
3) Pihak yang bukan merupakan pihak 3) The following are not related parties:
berelasi adalah sebagai berikut:
a) Dua entitas hanya karena mereka a) Two entities simply because they have a
memiliki direktur atau personil director or other member of key
manajemen kunci yang sama atau management personnel in common or
karena personil manajemen kunci dari because a member of key
satu entitas mempunyai pengaruh management of one entity has
signifikan atas entitas lain; significant influence over the other
entity;
83
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 777
Page 780
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ad. Transaksi dengan pihak berelasi (lanjutan) ad. Transactions with related parties (continued)
3) Pihak yang bukan merupakan pihak 3) The following are not related parties:
berelasi adalah sebagai berikut: (lanjutan) (continued)
b) Dua venturer hanya karena mereka b) Two joint ventures simply because they
mengendalikan bersama atas ventura share joint control of a joint venture;
bersama;
c) Penyandang dana, serikat dagang, c) Fund provider, trade unions, public
entitas pelayanan publik dan service, and ministry and agencies of a
departemen dan instansi pemerintah government that does not control, jointly
yang tidak mengendalikan, control or significantly influence the
mengendalikan bersama atau memiliki reporting entity, simply by virtue of their
pengaruh signifikan atas entitas pelapor, normal dealings with an entity (even
semata-mata dalam pelaksanaan though they may restrict the entity or
urusan normal dengan entitas (meskipun participate in decision-making
pihak-pihak tersebut dapat membatasi process); and
kebebasan entitas atau ikut serta dalam
proses pengambilan keputusan); dan
d) Pelanggan, pemasok, pemegang hak d) A customer, supplier, franchisor,
waralaba, distributor atau agen umum distributor or general agent with whom
dengan siapa entitas mengadakan an entity transacts a significant volume
transaksi usaha dengan volume of business solely because economic
signifikan, semata-mata karena dependence due to circumstances.
ketergantungan ekonomis yang
diakibatkan oleh keadaan.
ae. Perubahan kebijakan akuntansi dan ae. Change in accounting policies and
pengungkapan disclosures
Penerapan dari revisi standar berikut yang The adoption of these amended standards
berlaku efektif mulai 1 Januari 2025, tidak that are effective beginning January 1, 2025
menimbulkan perubahan substansial did not result in substantial changes to the
terhadap kebijakan akuntansi Bank dan entitas Bank and its subsidiaries accounting policies
anak; dan tidak ada pengaruh yang material and had no material effect on the amounts
atas jumlah yang dilaporkan atas tahun reported for the current or prior financial
berjalan atau tahun sebelumnya. years.
• Amendemen PSAK No. 221 “Pengaruh • Amendment of SFAS No. 221 “Lack of
Perubahan Kurs Valuta Asing” Exchangeability”
Amendemen PSAK No. 221 ini memperjelas Amendment of SFAS No. 221 clarifies the
pengaturan terkait kondisi ketika suatu conditions regarding conditions when a
mata uang tidak tertukarkan serta currency is not exchanged and its
pengungkapannya. disclosure.
84
778 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 781
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING JUDGMENTS
Dalam proses penerapan kebijakan akuntansi Bank In the process of applying the Bank and
dan entitas anak, manajemen telah melakukan subsidiaries’ accounting policies, management
pertimbangan profesional dan estimasi dalam has exercised professional judgment and
menentukan jumlah yang diakui dalam laporan estimates in determining the amounts recognized
keuangan konsolidasian. Beberapa pertimbangan in the consolidated financial statements. The
profesional dan estimasi yang signifikan adalah several significant uses of the professional
sebagai berikut: judgment and estimates are as follows:
Usaha yang berkelanjutan Going concern
Manajemen Bank dan entitas anak telah melakukan The Bank and subsidiaries’ management has
penilaian atas kemampuan Bank dan entitas anak made an assessment of the Bank and subsidiaries’
untuk melanjutkan kelangsungan usahanya dan ability to continue as a going concern and is
berkeyakinan bahwa Bank dan entitas anak satisfied that the Bank and subsidiaries has the
memiliki sumber daya untuk melanjutkan usahanya resources to continue its business for the
di masa mendatang. Selain itu, manajemen tidak foreseeable future. Furthermore, the management
mengetahui adanya ketidakpastian material yang is not aware of any material uncertainties that may
dapat menimbulkan keraguan yang signifikan cast significant doubt upon the Bank and
terhadap kemampuan Bank dan entitas anak untuk subsidiaries’ ability to continue as a going concern.
melanjutkan kelangsungan usahanya. Oleh karena Therefore, the consolidated financial statements
itu, laporan keuangan konsolidasian telah disusun continue to be prepared on the going concern
atas dasar usaha yang berkelanjutan. basis.
Klasifikasi Aset dan Liabilitas Keuangan Classification of the Financial Assets and Liabilities
Bank dan entitas anak menetapkan klasifikasi Bank and subsidiaries determine the classification
atas aset dan liabilitas tertentu sebagai aset of certain assets and liabilities as financial assets
keuangan dan liabilitas keuangan dengan and financial liabilities by judging if they meet the
mempertimbangkan bila definisi yang ditetapkan definition set forth in SFAS No. 239. Accordingly, the
PSAK No. 239 dipenuhi. Dengan demikian, aset financial assets and financial liabilities are
keuangan dan liabilitas keuangan diakui sesuai accounted for in accordance with the accounting
dengan kebijakan akuntansi seperti yang policies as disclosed in Note 2.
diungkapkan pada Catatan 2.
Nilai wajar atas instrumen keuangan (Catatan 51) Fair value of financial instruments (Note 51)
Bila nilai wajar aset keuangan dan liabilitas When the fair values of financial assets and
keuangan yang tercatat pada laporan posisi financial liabilities recorded on the consolidated
keuangan konsolidasian tidak tersedia di pasar statements of financial position cannot be derived
aktif, nilainya ditentukan dengan menggunakan from active markets, they are determined using a
berbagai teknik penilaian termasuk penggunaan variety of valuation techniques that include the use
model matematika. Masukan (input) untuk model of mathematical models. The inputs to these
ini berasal dari data pasar yang bisa diamati models are derived from observable market data
sepanjang data tersebut tersedia. Bila data pasar where possible. But when observable market data
yang bisa diamati tersebut tidak tersedia, are not available, management’s judgment is
pertimbangan manajemen diperlukan untuk required to establish fair values. The
menentukan nilai wajar. Pertimbangan manajemen management’s judgments include considerations
tersebut mencakup pertimbangan likuiditas dan of liquidity and model inputs such as volatility for
masukan model seperti volatilitas untuk transaksi long-term derivatives and discount rates, early
derivatif yang berjangka waktu panjang dan tingkat payment rates and default rate assumptions.
diskonto, tingkat pelunasan dipercepat dan asumsi
tingkat gagal bayar.
85
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 779
Page 782
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING (lanjutan) JUDGMENTS (continued)
Bank dan entitas anak menampilkan nilai wajar The Bank and subsidiaries present the fair value of
atas instrumen keuangan berdasarkan hirarki nilai financial instruments based on the following fair
wajar sebagai berikut: value hierarchy:
1. Tingkat 1: harga kuotasian (tanpa 1. Level 1: quoted prices (unadjusted) in active
penyesuaian) di pasar aktif aset atau liabilitas markets for identical assets or liabilities.
yang identik.
2. Tingkat 2: teknik lain atas semua input yang 2. Level 2: other techniques for which all inputs
memiliki efek signifikan terhadap nilai wajar which have a significant effect on the recorded
yang tercatat dapat diobservasi, baik secara fair value are observable, either directly or
langsung maupun tidak langsung. indirectly.
3. Tingkat 3: teknik yang mengunakan input yang 3. Level 3: techniques which use inputs that have
memiliki pengaruh signifikan terhadap nilai a significant effect on the recorded fair value
wajar yang tercatat yang tidak berdasarkan that are not based on observable market data.
data pasar yang dapat diobservasi.
Penurunan nilai pinjaman yang diberikan dan Impairment losses on loans and receivables (Notes
piutang (Catatan 12 dan 13) 12 and 13)
PSAK 109 mensyaratkan penyertaan informasi SFAS 109 requires inclusion of information about
tentang kejadian masa lalu, kondisi saat ini dan past events, current conditions and forecasts of
perkiraan kondisi ekonomi masa depan. Perkiraan future economic conditions. The estimates of
perubahan dalam kerugian kredit yang diharapkan changes in expected credit losses should reflect,
harus mencerminkan, dan secara langsung konsisten and be directionally consistent with, changes in
dengan, perubahan dalam data terkait yang related observable data from period to period. The
diobservasi dari periode ke periode. Perhitungan calculation of collective expected credit losses of
kerugian kredit ekspektasian secara kolektif atas aset financial assets requires estimation of forward-
keuangan membutuhkan estimasi forward looking looking Probability of Default (PD), Loss Given
dari Probability of Default (PD), Loss Given Default Default (LGD) and Exposure at Default (EAD).
(LGD) dan Exposure at Default (EAD).
Bank dan entitas anak membentuk cadangan The Bank and subsidiaries determine collective
kerugian penurunan nilai kolektif atas eksposur impairment allowance for their loans portfolio, in
pinjaman yang diberikan yang dimiliki, di mana which the evaluation are conducted for each
evaluasi dilakukan terhadap setiap kelompok bisnis business segment based on historical loss
berdasarkan data kerugian historis. experiences.
Bank dan entitas anak juga menelaah aset The Bank and subsidiaries also review their
keuangan yang signifikan secara individual pada individually financial assets at each consolidated
setiap tanggal laporan posisi keuangan statements of financial position dates to assess
konsolidasian untuk menilai apakah penurunan whether an impairment loss should be recorded in
nilai harus dicatat dalam laporan laba rugi dan the consolidated statement of profit or loss and
penghasilan komprehensif lain konsolidasian. other comprehensive income. In particular,
Secara khusus, pertimbangan manajemen judgment by the management is required in the
diperlukan dalam estimasi jumlah dan waktu arus estimation of the amount and timing of future cash
kas di masa mendatang ketika menentukan flows when determining the impairment losses. In
kerugian penurunan nilai. Dalam estimasi arus kas estimating these cash flows, the Bank makes
tersebut, Bank melakukan penilaian atas kondisi judgments about the borrower’s financial condition
keuangan peminjam dan nilai realisasi neto and the net realizable value of collateral. These
agunan. Estimasi tersebut didasarkan pada asumsi estimates are based on assumptions from a
dari sejumlah faktor dan hasil akhirnya mungkin number of factors and actual results may differ,
berbeda, yang mengakibatkan perubahan di masa resulting in future changes to the amount of
mendatang atas cadangan penurunan nilai. impairment allowance.
86
780 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 783
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING (lanjutan) JUDGMENTS (continued)
Penurunan nilai efek hutang (Catatan 9) Impairment of debt securities (Note 9)
Bank dan entitas anak juga membentuk cadangan The Bank and subsidiaries also determine
kerugian penurunan nilai kolektif atas eksposur efek collective impairment allowance for their debt
hutang yang dimiliki, di mana evaluasi dilakukan securities portfolio, in which the evaluation are
terhadap setiap kelompok aset keuangan tersebut conducted for each the financial assets segment
berdasarkan data kerugian historis. based on historical loss experiences.
Bank dan entitas anak melakukan penelaahan atas The Bank and subsidiaries review their debt
efek utang yang diklasifikasikan sebagai diukur securities classified as fair value through other
dalam nilai wajar melalui penghasilan comprehensive income at each consolidated
komprehensif lainnya pada setiap tanggal laporan statements of financial position dates to assess
posisi keuangan konsolidasian untuk menilai whether they are impaired. This requires similar
apakah telah terjadi penurunan nilai. Penilaian judgment as applied to the individual assessment
tersebut memerlukan pertimbangan yang sama of loans.
seperti yang diterapkan pada penilaian secara
individual atas kredit yang diberikan.
Penetapan masa sewa untuk kontrak sewa dengan Determination of the lease term for lease contracts
opsi pembaruan dan penghentian (Bank sebagai with renewal and termination options (Bank as a
penyewa) (Catatan 15) lessee) (Note 15)
Bank menentukan masa sewa sebagai periode The Bank determines the lease term as the non-
sewa yang tidak dapat dibatalkan, serta periode cancellable term of the lease, together with any
yang dicakup oleh opsi untuk memperpanjang periods covered by an option to extend the lease if
sewa, jika penyewa cukup pasti untuk it is reasonably certain to be exercised, or any
mengeksekusi opsi tersebut, dan periode yang periods covered by an option to terminate the
dicakup oleh opsi untuk menghentikan sewa, jika lease, if it is reasonably certain not to be exercised.
penyewa cukup pasti untuk tidak mengeksekusi
opsi tersebut.
Aset pajak tangguhan (Catatan 24c) Deferred tax assets (Note 24c)
Aset pajak tangguhan diakui atas jumlah pajak Deferred tax assets are recognized for over the
penghasilan terpulihkan (recoverable) pada future recoverable taxable income arising from
periode mendatang sebagai akibat perbedaan deductible temporary difference. Management’s
temporer yang boleh dikurangkan. Pertimbangan judgment is required to determine the amount of
manajemen diperlukan untuk menentukan jumlah deferred tax assets that can be recognized, based
aset pajak tangguhan yang dapat diakui, sesuai upon the likely timing on level of future taxable
dengan waktu yang tepat dan tingkat laba fiskal di profits together with future tax planning strategics.
masa mendatang sejalan dengan strategi rencana
perpajakan ke depan.
Provisi Perpajakan (Catatan 25) Provision for taxes (Note 25)
Bank menentukan provisi perpajakan berdasarkan The Bank provides for tax provision based on
estimasi atas kemungkinan adanya tambahan estimates whether additional taxes will be due.
beban pajak. Jika hasil akhir dari hal ini berbeda Where the final tax outcome of these matters is
dengan jumlah yang dicatat semula, maka different from the amounts that were initially
perbedaan tersebut akan berdampak terhadap recorded, such differences will impact the profit or
laba atau rugi. loss.
87
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 781
Page 784
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF CRITICAL ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING (lanjutan) JUDGMENTS (continued)
Pensiun (Catatan 47) Pension (Note 47)
Program-program pensiun ditentukan Pension plans are determined based on actuarial
berdasarkan perhitungan dari aktuaria. valuation. The actuarial valuation involves
Perhitungan aktuaria menggunakan asumsi- assumptions such as discount rate, expected rate
asumsi seperti tingkat diskonto, tingkat of returns on investments, future salary increase
pengembalian investasi, tingkat kenaikan gaji, rate, mortality rate, resignation rates and others.
tingkat kematian, tingkat pengunduran diri dan
lain-lain.
Karena program tersebut memiliki sifat jangka Due to the long-term nature of these plans, such
panjang, maka perkiraan tersebut memiliki estimates are subject to significant uncertainty.
ketidakpastian yang signifikan.
Revaluasi atas tanah (Catatan 15a) Revaluation of land (Note 15a)
Bank dan entitas anak menggunakan spesialis The Bank and subsidiaries engaged an
penilai independen untuk menilai nilai wajar atas independent valuation specialist to assess fair
tanah. Tanah dinilai berdasarkan referensi atas value for revalued land. Lands were valued by
bukti berdasarkan pasar, menggunakan nilai yang reference to market-based evidence, using
dapat diukur setelah disesuaikan dengan faktor comparable prices adjusted for specific market
pasar spesifik seperti lokasi dan kondisi dari tanah. factors such as location and condition of the land.
4. KAS 4. CASH
31 Desember/December 31
2025 2024
Rupiah 1.586.171 1.725.877 Rupiah
Dolar Amerika Serikat 88.801 106.313 United States Dollar
Mata uang asing lainnya 42.643 29.680 Other foreign currencies
1.717.615 1.861.870
Pada Tanggal 31 Desember 2025, saldo dalam mata As of December 31, 2025, the Rupiah balances
uang Rupiah termasuk uang pada mesin include cash in ATMs (Automatic Teller Machines)
ATM (Automatic Teller Machines) sejumlah Rp 135.648 amounting to Rp135,648 (December 31, 2024:
(31 Desember 2024: Rp158.202). Rp158,202).
Kas dalam mata uang asing lainnya terdiri dari Dolar Cash in other foreign currencies are denominated
Australia, Dolar Singapura, Euro Eropa, Rupee India, Yen in Australian Dollar, Singapore Dollar, European
Jepang dan Poundsterling Inggris. Euro, Indian Rupee, Japanese Yen and Great Britain
Poundsterling.
Informasi mengenai jatuh tempo diungkapkan pada Information on maturities is disclosed in Note 53.
Catatan 53.
88
782 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 785
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
31 Desember/December 31
2025 2024
Rupiah 5.341.847 8.745.563 Rupiah
Dolar Amerika Serikat 1.757.334 1.950.795 United States Dollar
7.099.181 10.696.358
Infomasi mengenai jatuh tempo diungkapkan pada Information on maturities is disclosed in Note 53.
Catatan 53.
6. GIRO PADA BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan pihak berelasi, pihak lawan dan a. By related parties, counterparties and
mata uang currency
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak ketiga Third parties
PT Bank Central Asia Tbk 83.884 65.291 PT Bank Central Asia Tbk
PT Bank Mandiri (Persero) Tbk 30.643 38.132 PT Bank Mandiri (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk 17.722 17.520 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Pan Indonesia 13.906 6.463 PT Bank Pan Indonesia
PT Bank Negara Indonesia (Persero) Tbk 13.327 12.096 PT Bank Negara Indonesia (Persero) Tbk
PT Bank Sinarmas Tbk 5.015 - PT Bank Sinarmas Tbk
PT Bank Hibank Indonesia 43 50.335 PT Bank Hibank Indonesia
Lain-lain 5.816 656 Others
Sub jumlah - Rupiah 170.356 190.493 Sub total - Rupiah
Mata uang asing Foreign currencies
Pihak berelasi (Catatan 44) Related party (Note 44)
Malayan Banking Malayan Banking
Berhad, Kuala Lumpur 63.731 36.226 Berhad, Kuala Lumpur
Malayan Banking Malayan Banking
Berhad, Shanghai 30.967 14.848 Berhad, Shanghai
Malayan Banking Malayan Banking
Berhad, London 17.964 - Berhad, London
Malayan Banking Malayan Banking
Berhad, Hongkong 2.580 9.841 Berhad, Hongkong
115.242 60.915
89
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 783
Page 786
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
a. Berdasarkan pihak berelasi, pihak lawan dan a. By related parties, counterparties and
mata uang (lanjutan) currency (continued)
31 Desember/December 31
2025 2024
Mata uang asing Foreign currencies
Pihak ketiga Third parties
J.P. Morgan Chase, N.A., New York 1.830.188 1.304.015 J.P. Morgan Chase, N.A., New York
Bank of China, Jakarta 342.588 66.676 Bank of China, Jakarta
Citibank, N.A., Jakarta 255.928 130.954 Citibank, N.A., Jakarta
Citibank, N.A., New York 164.259 264.847 Citibank, N.A., New York
MUGF Bank, Ltd, Japan 116.060 - MUGF Bank, Ltd, Japan
Development Bank of Singapore, Development Bank of Singapore,
Singapura 70.866 33.940 Singapore
Bank of America 66.770 108.958 Bank of America
ANZ Banking Group Ltd., Melbourne 59.506 37.633 ANZ Banking Group Ltd., Melbourne
Wachovia Bank, Carolina Utara 49.847 97.373 Wachovia Bank, North Carolina
Barclays Bank Plc, London 28.547 40.321 Barclays Bank Plc, London
Deutsche Bank AG, New York 21.945 14.634 Deutsche Bank AG, New York
PT Bank ICBC Indonesia 19.717 14.362 PT Bank ICBC Indonesia
Standard Chartered Bank, New York 18.552 61.357 Standard Chartered Bank, New York
Bank of New York, New York 15.723 72.578 Bank of New York, New York
Reserve Bank of India, Mumbai 13.657 16.840 Reserve Bank of India, Mumbai
Wells Fargo Bank, N.A., San Francisco 9.153 21.971 Wells Fargo Bank, N.A., San Francisco
UBS AG, Switzerland 8.141 6.759 UBS AG, Switzerland
Commonwealth Bank of Australia, Sydney 5.027 8.714 Commonwealth Bank of Australia, Sydney
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation, Tokyo 4.901 5.596 Corporation, Tokyo
Bank of Montreal 4.675 - Bank of Montreal
Lain-lain 7.118 13.013 Others
3.113.168 2.320.541
Sub jumlah - Mata uang asing 3.228.410 2.381.456 Sub total - Foreign currencies
Jumlah 3.398.766 2.571.949 Total
Dikurangi: Cadangan kerugian
penurunan nilai (890) (1.108) Less: Allowance for impairment losses
3.397.876 2.570.841
Giro pada bank lain dalam mata uang asing Current accounts with other banks in foreign
terutama terdiri dari Dolar Amerika Serikat, currencies are mainly denominated in United
Dolar Australia, Dolar Kanada, Dolar Singapura, States Dollar, Australian Dollar, Canadian Dollar,
Dolar Selandia Baru, Euro Eropa, Franc Swiss, Singapore Dollar, New Zealand Dollar, European
Poundsterling Inggris, Yen Jepang, Yuan Euro, Swiss Franc, Great Britain Poundsterling,
Tiongkok, Rupee India, Ringgit Malaysia, Riyal Japanese Yen, Chinese Yuan, Indian Rupee,
Saudi Arabia, Dolar Hong Kong, dan Baht Malaysian Ringgit, Saudi Arabian Riyal, Hong
Thailand. Kong Dollar and Thailand Baht.
90
784 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 787
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
a. Berdasarkan pihak berelasi, pihak lawan dan a. By related parties, counterparties and
mata uang (lanjutan) currency (continued)
Tidak terdapat saldo giro pada bank lain yang There were no current accounts with other
digunakan sebagai agunan pada tanggal banks which were under lien as of December 31,
31 Desember 2025 dan 2024. 2025 and 2024.
Informasi mengenai transaksi dengan pihak Information on related parties and maturities
berelasi dan jatuh tempo masing-masing are disclosed in Notes 44 and 53.
diungkapkan pada Catatan 44 dan 53.
b. Tingkat bunga rata-rata per tahun b. The average interest rates per annum
31 Desember/December 31
2025 2024
Rupiah 0,24% 0,20% Rupiah
Mata uang asing 0,15% 0,19% Foreign currencies
c. Cadangan kerugian penurunan nilai c. Allowance for impairment losses
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected credit
ekspektasian terkait untuk giro pada bank lain loss allowances of current accounts with other
adalah sebagai berikut: banks is as follows:
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 2.547.404 2.560 - 21.985 2.571.949 Beginning gross carrying amount
Transfer ke Stage 1 2.560 (2.560) - - - Transfer to Stage 1
Perubahan neto 597.664 - - (13.612) 584.052 Net change
Aset baru 123.750 - - - 123.750 New assets originated
Aset dihentikan pengakuannya Assets derecognised
(selain karena penghapusbukuan) (213) - - - (213) (other than write-offs)
Selisih akibat perbedaan kurs 118.436 - - 792 119.228 Exchange rate differences
Nilai tercatat bruto akhir 3.389.601 - - 9.165 3.398.766 Ending gross carrying amount
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
91
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 785
Page 788
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
c. Cadangan kerugian penurunan nilai c. Allowance for impairment losses (continued)
(lanjutan)
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected credit
ekspektasian terkait untuk giro pada bank lain loss allowances of current accounts with other
adalah sebagai berikut: (lanjutan) banks is as follows: (continued)
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Cadangan atas kerugian kredit Beginning expected credit loss
ekspektasian awal 879 9 - 220 1.108 allowances
Transfer ke Stage 1 9 (9) - - - Transfer to Stage 1
Perubahan neto (228) - - (136) (364) Net change
Aset baru 32 - - - 32 New assets originated
Selisih akibat perbedaan kurs 106 - - 8 114 Exchange rate differences
Cadangan atas kerugian kredit Ending expected credit loss
ekspektasian akhir 798 - - 92 890 allowances
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 2.177.755 - - 16.337 2.194.092 Beginning gross carrying amount
Transfer ke Stage 2 (1.619) 1.619 - - - Transfer to Stage 2
Perubahan neto 178.865 (1.127) - 5.648 183.386 Net change
Aset baru 116.800 1.996 - - 118.796 New assets originated
Aset dihentikan pengakuannya Assets derecognised
(selain karena penghapusbukuan) (126) - - - (126) (other than write-offs)
Selisih akibat perbedaan kurs 75.729 72 - - 75.801 Exchange rate differences
Nilai tercatat bruto akhir 2.547.404 2.560 - 21.985 2.571.949 Ending gross carrying amount
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Cadangan atas kerugian kredit Beginning expected credit loss
ekspektasian awal 1.647 - - 163 1.810 allowances
Transfer ke Stage 2 (3) 3 - - - Transfer to Stage 2
Perubahan neto (984) - - 57 (927) Net change
Aset baru 81 6 - - 87 New assets originated
Selisih akibat perbedaan kurs 138 - - - 138 Exchange rate differences
Cadangan atas kerugian kredit Ending expected credit loss
ekspektasian akhir 879 9 - 220 1.108 allowances
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
92
786 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 789
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
c. Cadangan kerugian penurunan nilai c. Allowance for impairment losses (continued)
(lanjutan)
Cadangan kerugian penurunan nilai dihitung Allowance for impairment losses is calculated
sesuai dengan kebijakan pada Catatan 2n. using policy which is inline with Note 2n.
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
7. PENEMPATAN PADA BANK INDONESIA DAN BANK 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
LAIN BANKS
a. Berdasarkan pihak berelasi, mata uang, jenis, a. By related parties, currency, type,
pihak lawan dan jangka waktu kontraktual counterparties and contractual period
Penempatan pada Bank Indonesia dan bank Placements with Bank Indonesia and other
lain berdasarkan pihak berelasi, mata uang, banks by related parties, currency, type and
jenis dan pihak lawan dapat dirinci sebagai counterparties are as follows:
berikut:
31 Desember/December 31
2025 2024
Pihak ketiga Third parties
Rupiah Rupiah
Penempatan pada Bank Lain Placement with Other Banks
Sertifikat Pengelolaan Dana Syariah
Antarbank 403.886 - Certificate of Interbank Syariah Fund
Sertifikat Investasi Mudharabah Certificate of Mudharabah Interbank
Antarbank 200.000 - Investment
Sub jumlah - Rupiah 603.886 - Sub total - Rupiah
Mata uang asing Foreign currencies
Deposito berjangka Time deposits
Bank Indonesia 2.167.750 2.816.625 Bank Indonesia
Call money Call money
Reserve Bank of India, Mumbai 16.695 182.341 Reserve Bank of India, Mumbai
Sub jumlah - Mata uang asing 2.184.445 2.998.966 Sub total - Foreign currencies
2.788.331 2.998.966
Dikurangi: Cadangan kerugian
penurunan nilai (6.039) - Less: Allowance for impairment losses
Jumlah 2.782.292 2.998.966 Total
93
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 787
Page 790
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN BANK 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
LAIN (lanjutan) BANKS (continued)
a. Berdasarkan pihak berelasi, mata uang, jenis, a. By related parties, currency, type,
pihak lawan dan jangka waktu kontraktual counterparties and contractual period
(lanjutan) (continued)
Jangka waktu kontraktual penempatan pada Contractual period of placement with Bank
Bank Indonesia dan bank lain adalah sebagai Indonesia and other banks are as follows:
berikut:
31 Desember/December 31
2025 2024
Rupiah Rupiah
Sertifikat Pengelolaan Dana Syariah
Antarbank 6 hari/days - Certificate of Interbank Syariah Fund
Sertifikat Investasi Mudharabah Certificate of Mudharabah Interbank
Antarbank 2 hari/days - Investment
Mata uang asing Foreign currencies
Deposito berjangka pada Bank Indonesia 2 hari/days 2 hari/days Time deposits with Bank Indonesia
Call money 2 hari/days 2 - 14 hari/days Call money
b. Berdasarkan sisa umur sampai dengan jatuh b. Based on remaining period until maturity:
tempo:
31 Desember/December 31
2025 2024
Rupiah Rupiah
<= 1 bulan 603.886 - <= 1 month
Mata uang asing Foreign currencies
<= 1 bulan 2.184.445 2.998.966 <= 1 month
2.788.331 2.998.966
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in
pada Catatan 53. Note 53.
c. Tingkat suku bunga rata-rata per tahun c. The average interest rates per annum
31 Desember/December 31
2025 2024
Rupiah Rupiah
Sertifikat Pengelolaan Dana Syariah
Antarbank 4,90% - Certificate of Interbank Syariah Fund
Sertifikat Investasi Mudharabah Certificate of Mudharabah Interbank
Antarbank 4,25% - Investment
Mata uang asing Foreign currencies
Deposito berjangka pada Bank Indonesia 5,41% 5,35% Time deposits with Bank Indonesia
Call money 4,25% 6,25% Call money
Pada tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, there were
2024, tidak terdapat penempatan pada Bank no placements with Bank Indonesia and other
Indonesia dan bank lain yang dijaminkan. banks which are pledged.
94
788 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 791
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN BANK 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
LAIN (lanjutan) BANKS (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk penempatan pada credit loss allowances of placement with Bank
Bank Indonesia dan bank lain adalah sebagai Indonesia and other banks is as follows:
berikut:
31 Desember/December 31, 2025
Konvensional/Conventional Jumlah/
Stage 1 Stage 2 Stage 3 Syariah/Sharia *) Total
Nilai tercatat bruto awal 2.274.691 - - 724.275 2.998.966 Beginning gross carrying amount
Aset baru 2.184.445 - - 603.886 2.788.331 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (2.274.691) - - (724.275) (2.998.966) (other than write-offs)
Nilai tercatat bruto akhir 2.184.445 - - 603.886 2.788.331 Ending gross carrying amount
31 Desember/December 31, 2025
Konvensional/Conventional Jumlah/
Stage 1 Stage 2 Stage 3 Syariah/Sharia *) Total
Cadangan atas kerugian kredit Beginning expected credit loss
ekspektasian awal - - - - - allowances
Aset baru - - 6.039 6.039 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (29) - - - (29) (other than write-offs)
Selisih akibat perbedaan kurs 29 - - - 29 Exchange rate differences
Cadangan atas kerugian kredit Ending expected credit loss
ekspektasian akhir - - - 6.039 6.039 allowances
31 Desember/December 31, 2024
Konvensional/Conventional Jumlah/
Stage 1 Stage 2 Stage 3 Syariah/Sharia *) Total
Nilai tercatat bruto awal 1.449.667 - - 1.046.835 2.496.502 Beginning gross carrying amount
Aset baru 2.274.691 - - 724.275 2.998.966 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (1.449.667) - - (1.046.835) (2.496.502) (other than write-offs)
Nilai tercatat bruto akhir 2.274.691 - - 724.275 2.998.966 Ending gross carrying amount
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
95
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 789
Page 792
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN BANK 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
LAIN (lanjutan) BANKS (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (lanjutan)
(lanjutan)
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk penempatan pada credit loss allowances of placement with Bank
Bank Indonesia dan bank lain adalah sebagai Indonesia and other banks is as follows:
berikut: (lanjutan) (lanjutan)
31 Desember/December 31, 2024
Konvensional/Conventional Jumlah/
Stage 1 Stage 2 Stage 3 Syariah/Sharia *) Total
Cadangan atas kerugian kredit Beginning expected credit loss
ekspektasian awal 16 - - 2.000 2.016 allowances
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) - - - (2.000) (2.000) (other than write-offs)
Selisih akibat perbedaan kurs (16) - - - (16) Exchange rate differences
Cadangan atas kerugian kredit Ending expected credit loss
ekspektasian akhir - - - - - allowances
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
Cadangan kerugian penurunan nilai dihitung Allowance for impairment losses is calculated
sesuai dengan kebijakan pada Catatan 2n. using policy which is inline with Note 2n.
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
8. EFEK-EFEK YANG DIPERDAGANGKAN 8. TRADING SECURITIES
a. Berdasarkan jenis dan mata uang a. By type and currency
31 Desember/December 31
2025 2024
Pihak ketiga Third parties
Rupiah Rupiah
Sekuritas Bank Indonesia 3.902.218 1.522.425 Bank Indonesia Securities
Surat Utang Negara 421.345 387.434 Government Bonds
Bank Indonesia Floating Rate Note 201.011 - Bank Indonesia Floating Rate Note
4.524.574 1.909.859
Mata uang asing Foreign currency
Surat Utang Negara 28.626 31.770 Government Bonds
4.553.200 1.941.629
Pada tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, there were
2024 tidak terdapat transaksi dengan pihak no transactions with related parties.
berelasi.
96
790 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 793
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
8. EFEK-EFEK YANG DIPERDAGANGKAN (lanjutan) 8. TRADING SECURITIES (continued)
b. Berdasarkan golongan penerbit efek b. By issuer
31 Desember/December 31
2025 2024
Rupiah Rupiah
Government and
Pemerintah dan BUMN 4.524.574 1.909.859 state-owned enterprises
Mata uang asing Foreign currency
Government and
Pemerintah dan BUMN 28.626 31.770 state-owned enterprises
4.553.200 1.941.629
c. Berdasarkan tanggal jatuh tempo dan c. By maturity and rating of marketable
peringkat efek securities
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 tahun 4.133.718 1.579.556 ≤ 1 year
> 1 tahun - 5 tahun 174.994 94.274 > 1 year - 5 years
> 5 tahun - 10 tahun 92.947 131.532 > 5 years - 10 years
> 10 tahun 122.915 104.497 > 10 years
4.524.574 1.909.859
Mata uang asing Foreign currency
≤ 1 tahun - 1.603 ≤ 1 year
> 1 tahun - 5 tahun 3.122 11.634 > 1 year - 5 years
> 5 tahun - 10 tahun 9.477 856 > 5 years - 10 years
> 10 tahun 16.027 17.677 > 10 years
28.626 31.770
4.553.200 1.941.629
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in
pada Catatan 53. Note 53.
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, trading
peringkat efek-efek yang diperdagangkan securities’ rating for Government Bonds
untuk Surat Utang Negara (“SUN”), Bank (“SUN”), Indonesia Floating Rate Note (“FRNBI”)
Indonesia Floating Rate Note (“FRNBI”) dan and Bank Indonesia Securities (“SRBI”) were
Sekuritas Bank Indonesia (“SRBI”) adalah BBB BBB (S&P) and unrated.
(S&P) dan tanpa peringkat.
97
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 791
Page 794
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
8. EFEK-EFEK YANG DIPERDAGANGKAN (lanjutan) 8. TRADING SECURITIES (continued)
d. Tingkat bunga rata-rata per tahun: d. The average interest rates per annum:
31 Desember/December 31
2025 2024
Rupiah 7,07% 7,06% Rupiah
Mata uang asing 4,72% 3,15% Foreign currency
9. INVESTASI KEUANGAN 9. FINANCIAL INVESTMENTS
Investasi keuangan, sebagaimana disebutkan dalam Financial investments, as stated in Note 2h, consisted
Catatan 2h, terdiri dari: of:
31 Desember/December 31
2025 2024
Efek-efek Marketable securities
Biaya perolehan yang diamortisasi 9.756.147 4.248.375 Amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain 29.203.567 35.708.623 comprehensive income
38.959.714 39.956.998
Penyertaan saham Investments in shares
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Pihak terkait (Catatan 44) 159.504 159.504 Related parties (Note 44)
Pihak ketiga 36.939 35.678 Third parties
196.443 195.182
Jumlah 39.156.157 40.152.180 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai impairment losses
- Biaya perolehan yang diamortisasi (982) (1.015) Amortized cost -
- Nilai wajar melalui penghasilan Fair value through other -
komprehensif lain (3.527) - comprehensive income
(4.509) (1.015)
39.151.648 40.151.165
98
792 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 795
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
Analisis atas perubahan dalam nilai tercatat bruto An analysis of change in the gross carrying amount
dan cadangan atas kerugian kredit ekspektasian and the corresponding expected credit loss
terkait untuk efek-efek adalah sebagai berikut: allowances of marketable securities is as follows:
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 30.448.033 - - 9.508.965 39.956.998 Beginning gross carrying amount
Aset baru 13.179.974 - - 10.928.955 24.108.929 New assets originated
Perubahan neto (951.664) - - (85.466) (1.037.130) Net change
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (16.614.161) - - (7.195.038) (23.809.199) (other than write-offs)
Penghapusbukuan (316.602) - - (4.254) (320.856) Write-offs
Selisih akibat perbedaan kurs 104.156 - - (43.184) 60.972 Exchange rate differences
Nilai tercatat bruto akhir 25.849.736 - - 13.109.978 38.959.714 Ending gross carrying amount
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Biaya perolehan diamortisasi Amortized cost
Cadangan atas kerugian kredit ekspektasian awal 1.015 - - - 1.015 Beginning expected credit loss allowance
Perubahan neto (3) - - - (3) Net change
Aset baru 938 - - - 938 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (1.011) - - - (1.011) (other than write-offs)
Selisih akibat perbedaan kurs 43 - - - 43 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 982 - - - 982 Ending expected credit loss allowance
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai wajar diukur melalui pendapatan Fair value through other
komprehensif lain comprehensive income
Cadangan atas kerugian kredit ekspektasian awal 13.811 - - - 13.811 Beginning expected credit loss allowance
Perubahan neto (3.963) - - - (3.963) Net change
Aset baru 5.006 - - 3.527 8.533 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (5.580) - - - (5.580) (other than write-offs)
Selisih akibat perbedaan kurs 11 - - - 11 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir**) 9.285 - - 3.527 12.812 Ending expected credit loss allowance**)
*)
Tidak menerapkan PSAK 109 *)
Not implement SFAS 109
**)
dicatat pada penghasilan komprehensif lain **)
recorded in other comprehensive income
99
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 793
Page 796
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
Analisis atas perubahan dalam nilai tercatat bruto An analysis of change in the gross carrying amount
dan cadangan atas kerugian kredit ekspektasian and the corresponding expected credit loss
terkait untuk efek-efek adalah sebagai berikut: allowances of marketable securities is as follows:
(lanjutan) (continued)
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 22.158.172 - - 8.426.009 30.584.181 Beginning gross carrying amount
Aset baru 15.090.532 - - 7.088.608 22.179.140 New assets originated
Perubahan neto (149.048) - - (16.832) (165.880) Net change
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (6.694.819) - - (6.008.690) (12.703.509) (other than write-offs)
Selisih akibat perbedaan kurs 43.196 - - 19.870 63.066 Exchange rate differences
Nilai tercatat bruto akhir 30.448.033 - - 9.508.965 39.956.998 Ending gross carrying amount
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Biaya perolehan diamortisasi Amortized cost
Cadangan atas kerugian kredit ekspektasian awal 397 - - - 397 Beginning expected credit loss allowance
Perubahan neto (5) - - - (5) Net change
Aset baru 1.011 - - - 1.011 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (401) - - - (401) (other than write-offs)
Selisih akibat perbedaan kurs 13 - - - 13 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 1.015 - - - 1.015 Ending expected credit loss allowance
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai wajar diukur melalui pendapatan Fair value through other
komprehensif lain comprehensive income
Cadangan atas kerugian kredit ekspektasian awal 11.843 - - - 11.843 Beginning expected credit loss allowance
Perubahan neto (2.184) - - - (2.184) Net change
Aset baru 7.713 - - - 7.713 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (3.575) - - - (3.575) (other than write-offs)
Selisih akibat perbedaan kurs 14 - - - 14 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir**) 13.811 - - - 13.811 Ending expected credit loss allowance**)
*)
Tidak menerapkan PSAK 109 *)
Not implement SFAS 109
**)
dicatat pada penghasilan komprehensif lain **)
recorded in other comprehensive income
794 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 797
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
Cadangan kerugian penurunan nilai dihitung Allowance for impairment losses is calculated
secara individual dan sesuai dengan kualitas aset using individual assessment and according to
produktif untuk perbankan syariah sesuai Catatan earning assets quality for sharia banking in Note 2n.
2n.
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in Note 53.
pada Catatan 53.
Perubahan kerugian yang belum direalisasi atas Movements in unrealized losses on changes in fair
perubahan nilai wajar investasi keuangan yang value of fair value through other comprehensive
diukur pada nilai wajar melalui pendapatan income financial investments - net of deferred tax
komprehensif lain - setelah pajak tangguhan dan and expected credit loss allowances:
cadangan atas kerugian kredit ekspektasian:
31 Desember/December 31
2025 2024
Saldo awal - sebelum pajak Beginning balance - before
penghasilan tangguhan (451.993) (216.830) deferred income tax
Perubahan keuntungan/(kerugian) Movement of unrealized
yang belum direalisasi selama gains/(losses) during the
tahun berjalan - neto 1.093.824 (146.680) year - net
Jumlah yang ditransfer ke laba rugi Amounts transferred to profit
sehubungan dengan perubahan and loss in respect of fair value
nilai wajar investasi keuangan change of fair value through
yang diukur pada nilai wajar melalui other comprehensive income
pendapatan komprehensif lain (226.054) (88.483) financial investments
Jumlah sebelum pajak Total before deferred
penghasilan tangguhan 415.777 (451.993) income tax
Pajak penghasilan tangguhan (89.575) 102.658 Deferred income tax
Saldo akhir - neto 326.202 (349.335) Ending balance - net
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 795
Page 798
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
I. Efek-efek (lanjutan) I. Marketable securities (continued)
a. Berdasarkan jenis dan mata uang a. By type and currency
Adapun detail dari masing-masing The details for each category mentioned
kategori tersebut di atas, adalah sebagai above are as follows:
berikut:
31 Desember/December 31, 2025
Nilai nominal/ Keuntungan/
Nominal value Saldo yang (kerugian) Nilai tercatat/
Nilai belum yang belum Carrying amount
perolehan/ diamortisasi/ direalisasi/
Acquisition Unamortized Unrealized Nilai wajar/
amount amount gains/(losses) Fair value
Pihak ketiga Third parties
Rupiah Rupiah
Biaya perolehan diamortisasi Amortized cost
Sekuritas Bank Indonesia 3.047.450 (48.536) - 2.998.914 Bank Indonesia Securities
Surat Utang Negara 2.755.781 32.467 - 2.788.248 Government Bonds
Tagihan atas wesel ekspor 829.456 - - 829.456 Export bills receivables
Surat Berharga Syariah Negara 352.724 (8.021) - 344.703 Sovereign Sharia Securities
Sukuk Bank Indonesia 284.063 - - 284.063 Bank Indonesia Sukuk
Bank Indonesia Floating Rate Note 210.000 - - 210.000 Bank Indonesia Floating Rate Note
Jumlah biaya perolehan diamortisasi 7.479.474 (24.090) - 7.455.384 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Surat Utang Negara 12.027.050 - 230.343 12.257.393 Government Bonds
Obligasi korporasi 4.622.035 - 72.843 4.694.878 Corporate bonds
Sukuk Bank Indonesia 4.614.155 - 10.016 4.624.171 Bank Indonesia Sukuk
Surat Berharga Syariah Negara 2.837.689 - 73.989 2.911.678 Sovereign Sharia Securities
Jumlah nilai wajar melalui penghasilan Total fair value through other
komprehensif lain 24.100.929 - 387.191 24.488.120 comprehensive income
Jumlah efek-efek - Rupiah 31.580.403 (24.090) 387.191 31.943.504 Total marketable securities - Rupiah
Mata uang asing Foreign currencies
Biaya perolehan diamortisasi Amortized cost
Surat Utang Negara 813.786 6.484 - 820.270 Government Bonds
Tagihan atas wesel ekspor 681.217 - - 681.217 Export bills receivables
Surat Berharga Syariah Negara 616.975 6.376 - 623.351 Sovereign Sharia Securities
Sekuritas Bank Indonesia 166.750 (56) - 166.694 Bank Indonesia Securities
Obligasi korporasi 9.231 - - 9.231 Corporate bonds
Jumlah biaya perolehan diamortisasi 2.287.959 12.804 - 2.300.763 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Surat Berharga Syariah Negara 2.125.500 - (2.425) 2.123.075 Sovereign Sharia Securities
Surat Utang Negara 1.679.049 - 11.520 1.690.569 Government Bonds
Obligasi korporasi 437.238 - (1.861) 435.377 Corporate bonds
Sekuritas Bank Indonesia 416.875 - (63) 416.812 Bank Indonesia Securities
Medium-term Notes 50.009 - (395) 49.614 Medium-term Notes
Jumlah nilai wajar melalui penghasilan Total fair value through other
komprehensif lain 4.708.671 - 6.776 4.715.447 comprehensive income
Jumlah efek-efek - Mata uang asing 6.996.630 12.804 6.776 7.016.210 Total marketable securities - Foreign currencies
Jumlah 38.577.033 (11.286) 393.967 38.959.714 Total
796 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
102
Page 799
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
I. Efek-efek (lanjutan) I. Marketable securities (continued)
a. Berdasarkan jenis dan mata uang a. By type and currency (continued)
(lanjutan)
Adapun detail dari masing-masing The details for each category mentioned
kategori tersebut di atas, adalah sebagai above are as follows: (continued)
berikut: (lanjutan)
31 Desember/December 31, 2024
Nilai nominal/ Keuntungan/
Nominal value Saldo yang (kerugian) Nilai tercatat/
Nilai belum yang belum Carrying amount
perolehan/ diamortisasi/ direalisasi/
Acquisition Unamortized Unrealized Nilai wajar/
amount amount gains/(losses) Fair value
Pihak ketiga Third parties
Rupiah Rupiah
Biaya perolehan diamortisasi Amortized cost
Surat Utang Negara 2.480.000 (7.565) - 2.472.435 Government Bonds
Tagihan atas wesel ekspor 836.916 - - 836.916 Export bills receivables
Jumlah biaya perolehan diamortisasi 3.316.916 (7.565) - 3.309.351 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Surat Utang Negara 11.202.413 - (329.849) 10.872.564 Government Bonds
Sekuritas Rupiah Bank Indonesia 9.855.455 - 6.334 9.861.789 Bank Indonesia Rupiah Securities
Sukuk Bank Indonesia 5.375.075 - 18.290 5.393.365 Bank Indonesia Sukuk
Obligasi korporasi 4.479.894 - (34.299) 4.445.595 Corporate bonds
Surat Berharga Syariah Negara 2.545.097 - (30.355) 2.514.742 Sovereign Sharia Securities
Jumlah nilai wajar melalui penghasilan Total fair value through other
komprehensif lain 33.457.934 - (369.879) 33.088.055 comprehensive income
Jumlah efek-efek - Rupiah 36.774.850 (7.565) (369.879) 36.397.406 Total marketable securities - Rupiah
Mata uang asing Foreign currencies
Biaya perolehan diamortisasi Amortized cost
Tagihan atas wesel ekspor 883.421 - - 883.421 Export bills receivables
Obligasi korporasi 55.603 - - 55.603 Corporate bonds
Jumlah biaya perolehan diamortisasi 939.024 - - 939.024 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Surat Utang Negara 1.749.103 - (69.950) 1.679.153 Government Bonds
Surat Berharga Syariah Negara 540.219 - (27.640) 512.579 Sovereign Sharia Securities
Obligasi korporasi 309.895 - (7.672) 302.223 Corporate bonds
Sekuritas Valas Bank Indonesia 80.353 - 7 80.360 Bank Indonesia Foreign Securities
Medium-term Notes 48.218 - (1.965) 46.253 Medium-term Notes
Jumlah nilai wajar melalui penghasilan Total fair value through other
komprehensif lain 2.727.788 - (107.220) 2.620.568 comprehensive income
Jumlah efek-efek - Mata uang asing 3.666.812 - (107.220) 3.559.592 Total marketable securities - Foreign currencies
Jumlah 40.441.662 (7.565) (477.099) 39.956.998 Total
Efek dalam mata uang asing adalah efek Marketable securities in foreign currency
dalam Dolar Amerika Serikat, Yuan are denominated in United States Dollar,
Tiongkok, Rupee India dan Euro Eropa. Chinese Yuan, Indian Rupee and European
Euro.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 797
103
Page 800
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
I. Efek-efek (lanjutan) I. Marketable securities (continued)
b. Berdasarkan golongan penerbit efek b. By issuer
31 Desember/December 31, 2025
Nilai tercatat/
Carrying Nilai wajar/
amount Fair value
Nilai wajar melalui
penghasilan
Biaya perolehan komprehensif lain/
diamortisasi/ Fair value through
Amortized other comprehensive Jumlah/
cost income Total
Rupiah Rupiah
Government and state-owned
Pemerintah dan BUMN 6.625.928 21.038.769 27.664.697 enterprises
Bank 829.456 1.289.446 2.118.902 Banks
Lainnya - 2.159.905 2.159.905 Others
7.455.384 24.488.120 31.943.504
Mata uang asing Foreign currencies
Government and state-owned
Pemerintah dan BUMN 1.610.315 4.477.254 6.087.569 enterprises
Bank 681.217 49.614 730.831 Banks
Lainnya 9.231 188.579 197.810 Others
2.300.763 4.715.447 7.016.210
9.756.147 29.203.567 38.959.714
31 Desember/December 31, 2024
Nilai tercatat/
Carrying Nilai wajar/
amount Fair value
Nilai wajar melalui
penghasilan
Biaya perolehan komprehensif lain/
diamortisasi/ Fair value through
Amortized other comprehensive Jumlah/
cost income Total
Rupiah Rupiah
Government and state-owned
Pemerintah dan BUMN 2.472.435 30.369.729 32.842.164 enterprises
Bank 836.916 749.976 1.586.892 Banks
Lainnya - 1.968.350 1.968.350 Others
3.309.351 33.088.055 36.397.406
Mata uang asing Foreign currencies
Government and state-owned
Pemerintah dan BUMN - 1.815.321 1.815.321 enterprises
Bank 883.421 - 883.421 Banks
Lainnya 55.603 805.247 860.850 Others
939.024 2.620.568 3.559.592
4.248.375 35.708.623 39.956.998
798 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
104
Page 801
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
I. Efek-efek (lanjutan) I. Marketable securities (continued)
c. Berdasarkan peringkat efek c. By rating of marketable securities
Nilai tercatat/Carrying amount/
Nilai wajar/Fair value
Lembaga
pemeringkat/ 31 Desember/December 31
Peringkat Rating company 2025 2024 Rating
Rupiah Rupiah
Biaya perolehan diamortisasi Amortized cost
Tanpa peringkat 7.455.384 *) 3.309.351 ****) Non-rated
Jumlah biaya perolehan diamortisasi 7.455.384 3.309.351 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
idAAA Pefindo 3.263.024 2.585.601 idAAA
AAA Fitch 902.844 694.973 AAA
idAA Pefindo 203.450 - idAA
idAA- Pefindo 116.421 70.622 idAA-
idA- Pefindo 97.496 98.201 idA-
AA Fitch 76.465 - AA
idA+ Pefindo 35.178 49.867 idA+
AA+ Fitch - 946.331 AA+
Tanpa peringkat 19.793.242 **) 28.642.460 **) Non-rated
Total nilai wajar melalui penghasilan Total fair value through other
komprehensif lain 24.488.120 33.088.055 comprehensive income
Sub jumlah - Rupiah 31.943.504 36.397.406 Sub total - Rupiah
Mata uang asing Foreign currencies
Biaya perolehan diamortisasi Amortized cost
BBB S&P 1.610.315 - BBB
Baa3 Moody’s 9.231 55.603 Baa3
Tanpa peringkat 681.217 ***) 883.421 ***) Non-rated
Jumlah biaya perolehan diamortisasi 2.300.763 939.024 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
BBB S&P 4.467.368 1.815.322 BBB
Baa3 Moody’s 188.579 166.054 Baa3
BB+ S&P 49.614 639.192 BB+
Baa2 Moody’s 9.886 - Baa2
Total nilai wajar melalui penghasilan Total fair value through other
komprehensif lain 4.715.447 2.620.568 comprehensive income
Sub jumlah - Mata uang asing 7.016.210 3.559.592 Sub total - Foreign currencies
38.959.714 39.956.998
*) Terdiri dari Surat Utang Negara (“SUN”), Sekuritas *) Consists of Government Bonds(“SUN”), Bank
Bank Indonesia, Sukuk Bank Indonesia dan tagihan Indonesia Securities and export bills receivables
atas wesel ekspor
**) Terdiri dari Surat Utang Negara (“SUN”), Surat **) Consists of Government Bonds (“SUN”), Sovereign
Berharga Syariah Negara (“SBSN”) dan Sekuritas Sharia Securities (“SBSN”) and Bank Indonesia
Bank Indonesia Securities
***) Terdiri dari tagihan atas wesel ekspor ***) Consists of export bills receivables
****) Terdiri dari Surat Utang Negara (“SUN”) dan ****) Consists of Government Bonds(“SUN”) and export
tagihan atas wesel ekspor bills receivables
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 799
105
Page 802
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
I. Efek-efek (lanjutan) I. Marketable securities (continued)
d. Berdasarkan tanggal jatuh tempo d. By maturity
Tabel-tabel berikut ini menunjukan The following tables show the
pengelompokan berdasarkan tanggal consolidated marketable securities
jatuh tempo dan tujuan investasi dari classified based on maturity and
efek-efek konsolidasian: investment purpose:
(i) Biaya yang diamortisasi (i) Amortized cost
31 Desember/December 31
2025 2024
Nilai tercatat/ Nilai tercatat/
06080000_01 Carrying amount Carrying amount
06080000_01
Rupiah Rupiah
< = 1 tahun 6.153.118 1.728.332 < = 1 year
> 1 tahun - 5 tahun 873.081 1.581.019 > 1 year - 5 years
> 5 tahun - 10 tahun 429.185 - > 5 years - 10 years
7.455.384 3.309.351
Mata uang asing Foreign currencies
< = 1 tahun 1.078.026 929.702 < = 1 year
> 1 tahun - 5 tahun 1.056.630 9.322 > 1 year - 5 years
> 5 tahun - 10 tahun 166.107 - > 5 years - 10 years
2.300.763 939.024
9.756.147 4.248.375
(ii) Nilai wajar melalui penghasilan (ii) Fair value through other
komprehensif lain comprehensive income
31 Desember/December 31
2025 2024
Nilai wajar/ Nilai wajar/
06080000_01 Fair value Fair value
Rupiah Rupiah
< = 1 tahun 5.241.900 17.089.831 < = 1 year
> 1 tahun - 5 tahun 8.752.741 7.866.627 > 1 year - 5 years
> 5 tahun - 10 tahun 7.674.094 4.246.855 > 5 years - 10 years
> 10 tahun 2.819.385 3.884.742 > 10 years
24.488.120 33.088.055
Mata uang asing Foreign currencies
< = 1 tahun 754.352 750.328 < = 1 year
> 1 tahun - 5 tahun 2.082.773 1.104.919 > 1 year - 5 years
> 5 tahun - 10 tahun 1.878.322 733.512 > 5 years - 10 years
> 10 tahun - 31.809 > 10 years
4.715.447 2.620.568
29.203.567 35.708.623
106
800 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 803
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
I. Efek-efek (lanjutan) I. Marketable securities (continued)
e. Tingkat bunga rata-rata per tahun: e. The average interest rates per annum:
31 Desember/December 31
2025 2024
Rupiah 6,47% 7,09% Rupiah
Mata uang asing 3,05% 4,64% Foreign currency
f. Reklasifikasi aset keuangan yang diukur f. Reclassification financial assets
pada nilai wajar melalui penghasilan measured at fair value through other
komprehensif lain ke aset keuangan comprehensive income to financial
yang diukur pada biaya perolehan assets measured at amortized cost
diamortisasi
Pada tanggal 15 November 2025, Bank On November 15, 2025, the Bank
telah melakukan peninjauan ulang conducted a review of the investment
terhadap proses pengelolaan investasi management process through the
melalui pembentukan Kerangka Kerja establishment of the Securities Investment
Pengelolaan Investasi Surat Berharga atau Management Framework (“Investment
Securities Investment Management Framework”). The Investment Framework
Framework (“Investment Framework”). ensures structured capital allocation and
Investment Framework memastikan orderly investment management
alokasi modal dan keputusan atau decision-making or coordination across
koordinasi manajemen investasi yang all businesses within the Group, and
teratur di seluruh bisnis dalam Grup dan provides guiding principles through the
memberikan prinsip panduan dengan introduction of several key risk parameters
pengenalan beberapa parameter risiko and KPIs (key performance indicators),
kunci dan KPI (key performance indicator) accompanied by changes to the business
yang disertai perubahan model bisnis model to enhance the existing treasury
untuk memperbaharui fungsi treasury. function.
Sehubungan dengan hal diatas, Bank In relation to the above, the Bank has
telah mereklasifikasi aset keuangan yang reclassified the affected financial assets
diukur pada nilai wajar melalui measured at fair value through other
penghasilan komprehensif lain yang comprehensive income to financial assets
terdampak ke aset keuangan yang diukur measured at amortized cost, with a total
pada biaya perolehan diamortisasi nominal value amounted to Rp1,180,673
dengan jumlah nilai nominal sebesar and a fair value amounted to Rp1,150,382.
Rp1.180.673 dan nilai wajar sebesar The Bank has also reclassified a portion of
Rp1.150.382 dan Bank telah mereklasifikasi the affected financial assets measured at
sebagian aset keuangan yang diukur amortized cost to financial assets
pada biaya perolehan diamortisasi yang measured at fair value through other
terdampak ke aset keuangan yang diukur comprehensive income, with a total
pada nilai wajar melalui penghasilan nominal value amounted to Rp2,134,290
komprehensif lain dengan jumlah nilai and an amortized cost amounted to
nominal sebesar Rp2.134.290 dan biaya Rp2,119,615. The impact of these
perolehan yang diamortisasi sebesar reclassifications resulted in an increase in
Rp2.119.615. Dampak dari reklasifikasi ini other comprehensive income amounted
menyebabkan peningkatan pada to Rp64,604.
pendapatan komprehensif lainnya
sebesar Rp64.604.
107
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 801
Page 804
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
II. Penyertaan saham II. Investments in shares
Jenis
usaha/
Nature of 31 Desember/December 31
Business 2025 2024
Pihak berelasi (Catatan 44) Related party (Note 44)
PT Maybank Sekuritas Indonesia Sekuritas/Securities 159.504 159.504 PT Maybank Sekuritas Indonesia
Persentase kepemilikan - 15% Percentage of ownership - 15%
(31 Desember 2024: 15%) (December 31, 2024: 15%)
Pihak ketiga Third parties
PT Kliring Penjamin Efek Indonesia Sekuritas/Securities 27.902 27.138 PT Kliring Penjamin Efek Indonesia
Persentase kepemilikan - 1,11% Percentage of ownership - 1.11%
(31 Desember 2024: 1,11%) (December 31, 2024: 1.11%)
PT Bank Capital Indonesia Tbk Usaha Perbankan/Banking 2.969 1.662 PT Bank Capital Indonesia Tbk
Persentase kepemilikan - 0,18% Percentage of ownership - 0.18%
(31 Desember 2024: 0,18%) (December 31, 2024: 0.18%)
Lain-lain 6.068 6.878 Others
196.443 195.182
Berdasarkan Akta Pemindahan Hak Atas Based on Deed of Transfer Right of Shares
Saham No. 16 tanggal 12 Januari 2018 dari No. 16 dated January 12, 2018 of Notary Jose
Notaris Jose Dima Satria, S.H., M.Kn., MIF Dima Satria, S.H., M.Kn., MIF purchased
membeli saham PT Maybank Sekuritas PT Buana Adhiutama’s shares of PT Maybank
Indonesia milik PT Buana Adhiutama sebanyak Sekuritas Indonesia of 7,500,000 shares
7.500.000 lembar saham (dalam nilai penuh) (in full amount) with total nominal amount
dengan nilai nominal seluruhnya sebesar Rp7,500 which represents 15% of ownership of
Rp7.500 yang mewakili 15% kepemilikan atas issued and fully paid capital of PT Maybank
modal yang ditempatkan dan disetor penuh Sekuritas Indonesia with total purchase price
pada PT Maybank Sekuritas Indonesia dengan amounted to Rp107,004. This purchase of
harga pembelian sebesar Rp107.004. shares has been stated in the Declaration of
Pembelian saham ini juga telah dinyatakan Shareholders Resolution of PT Maybank
dalam Pernyataan Keputusan Pemegang Sekuritas Indonesia which has been notarized
Saham PT Maybank Sekuritas Indonesia yang by Deed No. 15 dated January 12, 2018 of Notary
telah diaktakan dengan Akta Notaris No. 15 Jose Dima Satria, S.H., M.Kn and have been
tanggal 12 Januari 2018 dari Notaris Jose Dima acknowledged and registered by the Ministry
Satria, S.H., M.Kn. dan telah dicatat dan diterima of Laws and Human Rights of the Republic of
oleh Menteri Hukum dan Hak Asasi Manusia Indonesia No.AHU-AH.01.03-0016804 dated
Republik Indonesia melalui suratnya No.AHU- January 15, 2018.
AH.01.03-0016804 tanggal 15 Januari 2018.
Berdasarkan keputusan Pemegang Saham, UU Based on Shareholders decision Act No.125
No. 125 Tanggal 19 November 2018 dari dated November 19, 2018 notarized by Jose
Notaris Jose Dima Satria, S.H., M.Kn., MIF Dima Satria, S.H., M.Kn., MIF purchased
membeli tambahan 52.500.000 lembar saham additional 52,500,000 shares amounted to
senilai Rp52.500 untuk mempertahankan 15% Rp52,500 in order to maintain 15% ownership of
kepemilikan PT Maybank Sekuritas Indonesia. PT Maybank Sekuritas Indonesia.
108
802 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 805
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
II. Penyertaan saham (lanjutan) II. Investments in shares (continued)
Berdasarkan persetujuan dari Otoritas Jasa Based on approval from the Financial Services
Keuangan (OJK) yang diberikan kepada Bank Authority (OJK) given to the Company through
melalui Surat OJK No.S-248/PB.32/2024 tanggal OJK Letter No.S-248/PB.32/2024 dated
23 Juli 2024 perihal Penyertaan Modal Bank July 23, 2024 concerning Bank's Capital
Saudara pada CCP untuk Transaksi Derivatif Investment in CCP for Over-the-Counter
Suku Bunga dan Nilai Tukar Over-the-Counter. Interest Rate and Exchange Rate Derivative
Transactions.
Pada tanggal 12 Agustus 2024, Bank bersama On August 12, 2024, Bank together with Bank
dengan Bank Indonesia, PT Bursa Efek Indonesia, PT Bursa Efek Indonesia, PT Kliring
Indonesia, PT Kliring Penjaminan Efek Indonesia Penjaminan Efek Indonesia (KPEI) and 7
(KPEI) dan 7 (tujuh) bank lainnya telah (seven) other banks have signed an Inter-
melakukan penandatanganan Perjanjian Antar Shareholder Agreement (PAPS) concerning
Pemegang Saham (PAPS) tentang Kerja Sama Cooperation in the Establishment and
Pembentukan dan Pengembangan Central Development of a Central Counterparty (CCP)
Counterparty (CCP) di Pasar Uang dan Pasar in the Money Market and Foreign Exchange
Valuta Asing. Market.
Penandatanganan PAPS ini merupakan tindak The signing of this PAPS is a follow-up to the
lanjut dari Nota Kesepahaman yang telah Memorandum of Understanding which was
ditandatangani oleh 11 (sebelas) entitas yang signed by the same 11 (eleven) entities on
sama pada tanggal 18 Maret 2024 dan sebagai March 18, 2024 and in fulfillment of the
pemenuhan amanat Undang-Undang No. 4 mandate of Law no. 4 of 2023 concerning
tahun 2023 tentang Pengembangan dan Development and Strengthening of the
Penguatan Sektor Keuangan (UU PPSK) untuk Financial Sector (UU PPSK) to develop CCP as
mengembangkan CCP sebagai infrastruktur Financial Market infrastructure in Indonesia so
Pasar Keuangan di Indonesia agar dapat that it can contribute to domestic economic
berkontribusi bagi pertumbuhan ekonomi growth and compete in the region.
domestik dan berkompetisi di regional.
Sehubungan dengan target operasional In connection with the operational target of the
Central Counterparty (CCP) di Pasar Uang dan Central Counterparty (CCP) in the Money
Pasar Valuta Asing pada tanggal 25 September Market and Foreign Exchange Market on 25
2024 dan merujuk Perjanjian Antar Pemegang September 25, 2024 and referring to the
Saham yang ditandatangani pada tanggal 12 Shareholder Agreement signed on August 12,
Agustus 2024. PT Bank Maybank Indonesia Tbk 2024. PT Bank Maybank Indonesia Tbk has
telah mengambil bagian seri saham B untuk lini taken part in series B shares for the CCP
usaha CCP pada KPEI sejumlah 2.500 (dua ribu business line to KPEI in the amount of 2,500
lima ratus) lembar saham atau senilai (two thousand five hundred) shares or worth
Rp20.000. Rp20,000.
109
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 803
Page 806
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. INVESTASI KEUANGAN (lanjutan) 9. FINANCIAL INVESTMENTS (continued)
II. Penyertaan saham (lanjutan) II. Investments in shares (continued)
Penyertaan lainnya merupakan penyertaan Other investments represent long-term
saham di berbagai perusahaan yang sifatnya investments. These companies are
jangka panjang. Perusahaan-perusahaan PT Aplikanusa Lintas Arta, PT Sarana Sulsel
tersebut adalah PT Aplikanusa Lintas Arta, Ventura, PT Sarana Bali Ventura, PT Sarana
PT Sarana Sulsel Ventura, PT Sarana Bali Sumatera Barat Ventura, PT Sarana Lampung
Ventura, PT Sarana Sumatera Barat Ventura, Ventura, PT Sarana Jambi Ventura, PT Sarana
PT Sarana Lampung Ventura, PT Sarana Jambi Kalbar Ventura, PT Sarana Sulut Ventura, PT
Ventura, PT Sarana Kalbar Ventura, Bhakti Sarana Ventura, PT Penjamin Kredit
PT Sarana Sulut Ventura, PT Bhakti Sarana Pengusaha Indonesia, PT Sarana Riau Ventura,
Ventura, PT Penjamin Kredit Pengusaha PT Sarana Sumut Ventura and PT Sarana
Indonesia, PT Sarana Riau Ventura, Sumsel Ventura.
PT Sarana Sumut Ventura dan PT Sarana
Sumsel Ventura.
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI AGREEMENTS
a. Berdasarkan pihak berelasi, pihak lawan dan a. By related parties, counterparties and
mata uang currency
31 Desember/December 31, 2025
Pendapatan
Nilai Nilai bunga yang
suku bunga penjualan belum
Nilai nominal/ Tanggal Tanggal per tahun/ Nilai beli/ kembali/ diamortisasi/ Nilai tercatat/
Nasabah/ Jenis efek-efek/ Nominal dimulai/ jatuh tempo/ Interest rate Purchase Resale Unamortized Carrying
Counterparty Type of securities amount Starting date Due date per annum amount amount interest value
Pihak ketiga/
Third parties
Rupiah/
Rupiah
Obligasi Pemerintah FR93/ 18 Desember/ 2 Januari/
PT Bank Pan Indonesia Tbk Government Bonds FR93 20.000 December 18, 2025 January 2, 2026 4,70% 19.272 19.310 (3) 19.307
Sub-jumlah/Sub-total- Rupiah 20.000 19.272 19.310 (3) 19.307
Mata uang asing/
Foreign currencies
Sekuritas Rupiah Negara/ 29 Desember/ 1 Januari/
Reserve Bank of India Sovereign Securities 18.550 December 29, 2025 January 1, 2026 5,60% 18.550 18.550 - 18.550
Sekuritas Rupiah Negara/ 31 Desember/ 1 Januari/
Reserve Bank of India Sovereign Securities 37.100 December 31, 2025 January 1, 2026 5,44% 37.100 37.100 - 37.100
Sekuritas Rupiah Negara/ 31 Desember/ 1 Januari/
Reserve Bank of India Sovereign Securities 92.736 December 31, 2025 January 1, 2026 5,50% 92.736 92.736 - 92.736
Sekuritas Rupiah Negara/ 31 Desember/ 2 Januari/
Reserve Bank of India Sovereign Securities 37.100 December 31, 2025 January 2, 2026 5,35% 37.100 37.100 - 37.100
Sub-jumlah Mata uang asing/
Sub-total- Foreign currencies 185.486 185.486 185.486 - 185.486
Jumlah/Total 205.486 204.758 204.796 (3) 204.793
Dikurangi: Cadangan kerugian
penurunan nilai/
Less: Allowance for impairment losses (2)
204.791
804 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
110
Page 807
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI (lanjutan) AGREEMENTS (continued)
a. Berdasarkan pihak berelasi, pihak lawan dan a. By related parties, counterparties and
mata uang (lanjutan) currency (continued)
31 Desember/December 31, 2024
Pendapatan
Nilai Nilai bunga yang
suku bunga penjualan belum
Nilai nominal/ Tanggal Tanggal per tahun/ Nilai beli/ kembali/ diamortisasi/ Nilai tercatat/
Nasabah/ Jenis efek-efek/ Nominal dimulai/ jatuh tempo/ Interest rate Purchase Resale Unamortized Carrying
Counterparty Type of securities amount Starting date Due date per annum amount amount interest value
Pihak ketiga/
Third parties
Rupiah/
Rupiah
Sekuritas Rupiah Bank Indonesia/ 30 Desember/ 13 Januari/
PT Bank BNP Paribas Indonesia Bank Indonesia Rupiah Securities 200.000 30 December, 2024 January 13, 2025 6,45% 188.505 188.977 (405) 188.572
Sekuritas Rupiah Bank Indonesia/ 30 Desember/ 6 Januari/
PT Bank BNP Paribas Indonesia Bank Indonesia Rupiah Securities 200.000 30 December, 2024 January 6, 2025 6,35% 198.683 198.929 (175) 198.754
Sekuritas Rupiah Bank Indonesia/ 19 Desember/ 2 Januari/
PT Bank National Nobu Tbk Bank Indonesia Rupiah Securities 250.000 19 December, 2024 January 2, 2025 6,45% 242.008 242.615 (43) 242.572
Sekuritas Rupiah Bank Indonesia/ 30 Desember/ 13 Januari/
PT Bank National Nobu Tbk Bank Indonesia Rupiah Securities 200.000 30 December, 2024 January 13, 2025 6,45% 199.056 199.555 (429) 199.126
Sub-jumlah/Sub-total - Rupiah 850.000 828.252 830.076 (1.052) 829.024
Mata uang asing/
Foreign currencies
Sekuritas Rupiah Negara/ 31 Desember/ 1 Januari/
Reserve Bank of India Sovereign Securities 9.399 31 December, 2024 January 1, 2025 6,66% 9.399 9.399 - 9.399
Jumlah/Total 859.399 837.651 839.475 (1.052) 838.423
Dikurangi: Cadangan kerugian
penurunan nilai/
Less: Allowance for impairment losses (147)
838.276
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in Note 53.
pada Catatan 53.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 805
111
Page 808
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI (lanjutan) AGREEMENTS (continued)
b. Cadangan kerugian penurunan nilai b. Allowance for impairment losses
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian amount and the corresponding expected
ekspektasian terkait untuk efek-efek yang credit loss allowances of securities purchased
dibeli dengan janji dijual kembali adalah under resale agreements is as follows:
sebagai berikut:
31 Desember/December 31, 2025
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal 838.423 - - 838.423 Beginning gross carrying amount
Aset baru 204.793 - - 204.793 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (838.423) - - (838.423) (other than write-offs)
Nilai tercatat bruto akhir 204.793 - - 204.793 Ending gross carrying amount
31 Desember/December 31, 2025
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Cadangan atas kerugian kredit ekspektasian awal 147 - - 147 Beginning expected credit loss allowance
Aset baru 2 - - 2 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (147) - - (147) (other than write-offs)
Selisih akibat perbedaan kurs - - - - Exchange rate differences
Cadangan atas kerugian kredit ekspektasian 2 - - 2 Ending expected credit loss allowance
31 Desember/December 31 , 2024
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal 2.333.122 - - 2.333.122 Beginning gross carrying amount
Aset baru 838.423 - - 838.423 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (2.333.122) - - (2.333.122) (other than write-offs)
Nilai tercatat bruto akhir 838.423 - - 838.423 Ending gross carrying amount
31 Desember/December 31 , 2024
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Cadangan atas kerugian kredit ekspektasian awal 50 - - 50 Beginning expected credit loss allowance
Aset baru 147 - - 147 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (50) - - (50) (other than write-offs)
Cadangan atas kerugian kredit ekspektasian 147 - - 147 Ending expected credit loss allowance
Cadangan kerugian penurunan nilai dihitung Allowance for impairment losses is calculated
sesuai dengan kebijakan pada Catatan 2n. using policy which is in line with Note 2n.
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
806 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
112
Page 809
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF 11. DERIVATIVES RECEIVABLE AND PAYABLE
Derivatif pada saat permulaan seringkali hanya Derivatives often involve at their inception only a
melibatkan pertukaran janji yang saling mutual exchange of promises with little or no
menguntungkan dengan sedikit atau tanpa transfer considerations. However, these
investasi. Namun demikian, instrumen-instrumen instruments frequently involve a high degree of
ini seringkali melibatkan tingkat leverage yang leverage and are very volatile. A relatively small
tinggi dan sangat fluktuatif. Pergerakan yang relatif movement in the value of the asset, rate or indexes
kecil dari nilai aset, tingkat atau indeks sebagai underlying a derivative contract may have a
dasar sebuah kontrak derivatif dapat memiliki significant impact on the profit or loss of the Bank.
pengaruh yang signifikan terhadap laba atau rugi
Bank.
Mayoritas perdagangan derivatif Bank yang terkait Most of the Bank's derivative trading activities
dengan deals dengan nasabah biasanya saling relate to deals with customers which are normally
hapus dengan transaksi dengan rekanan lain untuk offset by transactions with other counterparties in
meng-offset risiko pasar. Bank juga dapat order to offset the market risk. The Bank may also
mengambil posisi dengan ekspektasi untuk take positions with the expectation of profiting from
mendapat laba dari pergerakan yang favourable movements in prices, interest rates or
menguntungkan pada harga, suku bunga maupun indexes.
indeks.
Derivatif di luar pasar (over-the-counter) dapat Over-the-counter derivatives may expose the Bank
menimbulkan risiko-risiko kepada Bank yang to the risks associated with the absence of an
berhubungan dengan ketiadaan pasar terbuka exchange market on which to close out an open
untuk menutup posisi terbuka Bank. position.
a. Berdasarkan jenis, mata uang dan pihak a. By type, currency and related party
berelasi
Tabel di bawah ini memperlihatkan nilai wajar The tables below show the fair values of
dari instrumen derivatif, yang disajikan sebagai derivative financial instruments, recorded as
aset atau liabilitas, beserta jumlah nosionalnya. assets or liabilities, together with their notional
Jumlah nosional tersebut, yang disajikan amounts. The notional amount, recorded at
secara gross, adalah nilai dari underlying aset gross, is the amount of a derivative's underlying
derivatif, tingkat rasio referensi atau indeks asset, reference ratio rate or indices and is the
yang merupakan basis di mana perubahan di basis upon which changes in the value of
dalam nilai derivatif diukur. Jumlah nosional derivatives are measured. The notional amounts
mengindikasikan jumlah transaksi yang belum indicate the volume of transactions outstanding
jatuh tempo di akhir tahun dan tidak at the end of year and indicative of neither the
mengindikasikan risiko kredit maupun pasar. market risk nor the credit risk.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 807
113
Page 810
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVES RECEIVABLE AND PAYABLE
(continued)
a. Berdasarkan jenis, mata uang dan pihak a. By type, currency and related party
berelasi (lanjutan) (continued)
31 Desember/December 31, 2025
Nilai nosional
(kontrak) (ekuivalen Tagihan Liabilitas
dengan Rp)/Notional derivatif/ derivatif/
amount (contract) Derivatives Derivatives
(equivalent to Rp) receivable payable
Terkait dengan kontrak Related to exchange rate
nilai tukar contracts
Pihak berelasi (Catatan 44) Related parties (Note 44)
Forward Forward
Rupiah 200.843 5.492 3 Rupiah
Dolar Amerika Serikat 988.871 22.028 28.291 United States Dollar
Swap Swap
Dolar Amerika Serikat 9.298.345 4.427 67.560 United States Dollar
Option Option
Rupiah 806.791 1 694 Rupiah
Dolar Amerika Serikat 131.173 - 465 United States Dollar
Mata uang asing lainnya 21.867 - 59 Other foreign currencies
Lainnya*) Others*)
Dolar Amerika Serikat 1.273.553 45.232 - United States Dollar
Mata uang asing lainnya 468.600 42.957 - Other foreign currencies
13.190.043 120.137 97.072
Pihak ketiga Third parties
Forward Forward
Rupiah 1.699.687 31.768 2.051 Rupiah
Dolar Amerika Serikat 1.557.092 5.050 1.351 United States Dollar
Mata uang asing lainnya 758.337 19.095 252 Other foreign currencies
Swap Swap
Rupiah 20.962.682 104.032 46.982 Rupiah
Dolar Amerika Serikat 14.972.234 36.171 85.724 United States Dollar
Mata uang asing lainnya 2.360.691 35.089 8.716 Other foreign currencies
Option Option
Dolar Amerika Serikat 583.625 205 1 United States Dollar
Lainnya*) Others*)
Rupiah 1.713.106 124 84.744 Rupiah
Dolar Amerika Serikat 245.873 562 1.753 United States Dollar
Mata uang asing lainnya 216.016 366 5.598 Other foreign currencies
45.069.343 232.462 237.172
*)
Terdiri dari Dual Currency Investment (DCI), Swap Investment *)
This consists of Dual Currency Investment (DCI), Swap
(SWI), dan Overnight Index Swap (OIS) Investment (SWI) and Overnight Index Swap (OIS)
808 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
114
Page 811
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVES RECEIVABLE AND PAYABLE
(continued)
a. Berdasarkan jenis, mata uang dan pihak a. By type, currency and related party
berelasi (lanjutan) (continued)
31 Desember/December 31, 2025
Nilai nosional
(kontrak) (ekuivalen Tagihan Liabilitas
dengan Rp)/Notional derivatif/ derivatif/
amount (contract) Derivatives Derivatives
(equivalent to Rp) receivable payable
Terkait dengan suku bunga Related to interest rate
Pihak berelasi (Catatan 44) Related parties (Note 44)
Swap Swap
Dolar Amerika Serikat 7.503.750 7.432 89.219 United States Dollar
Pihak ketiga Third parties
Swap Swap
Dolar Amerika Serikat 2.501.250 53.870 - United States Dollar
Lainnya*) Others*)
Rupiah 20.000 3 - Rupiah
2.521.250 53.873 -
Terkait dengan kontrak Related to exchange rate
nilai tukar dan suku bunga contracts and interest rate
Pihak berelasi (Catatan 44) Related parties (Note 44)
Swap Swap
Rupiah 8.668.380 303.799 3.388 Rupiah
Dolar Amerika Serikat 15.876.013 72.341 547.223 United States Dollar
Mata uang asing lainnya 230.588 - 4.067 Other foreign currencies
24.774.981 376.140 554.678
Pihak ketiga Third parties
Swap Swap
Rupiah 24.658.874 880.289 19.613 Rupiah
Dolar Amerika Serikat 10.936.167 23.055 307.160 United States Dollar
Mata uang asing lainnya 1.775.457 17.906 65.693 Other foreign currencies
37.370.498 921.250 392.466
Jumlah 130.429.865 1.711.294 1.370.607 Total
*)
Terdiri dari Dual Currency Investment (DCI), Swap Investment *)
This consists of Dual Currency Investment (DCI), Swap
(SWI), dan Overnight Index Swap (OIS) Investment (SWI) and Overnight Index Swap (OIS)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 809
115
Page 812
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVES RECEIVABLE AND PAYABLE
(continued)
a. Berdasarkan jenis, mata uang dan pihak a. By type, currency and related party
berelasi (lanjutan) (continued)
31 Desember/December 31, 2024
Nilai nosional
(kontrak) (ekuivalen Tagihan Liabilitas
dengan Rp)/Notional derivatif/ derivatif/
amount (contract) Derivatives Derivatives
(equivalent to Rp) receivable payable
Terkait dengan kontrak Related to exchange rate
nilai tukar contracts
Pihak berelasi (Catatan 44) Related parties (Note 44)
Forward Forward
Rupiah 2.621.335 62.262 30.030 Rupiah
Swap Swap
Rupiah 3.760.581 35.425 22.580 Rupiah
Option Option
Dolar Amerika Serikat 643.800 68 1.293 United States Dollar
Mata uang asing lainnya 11.845 7 - Other foreign currencies
Lainnya*) Others*)
Dolar Amerika Serikat 402.375 27.279 - United States Dollar
Mata uang asing lainnya 453.332 50.508 - Other foreign currencies
7.893.268 175.549 53.903
Pihak ketiga Third parties
Forward Forward
Rupiah 4.684.301 52.080 16.530 Rupiah
Swap Swap
Rupiah 34.304.925 223.749 367.125 Rupiah
Mata uang asing lainnya 56.333 834 153 Other foreign currencies
Option Option
Dolar Amerika Serikat 643.800 1.293 68 United States Dollar
Mata uang asing lainnya 11.845 - 7 Other foreign currencies
Lainnya*) Others*)
Rupiah 1.709.800 4.013 50.694 Rupiah
Dolar Amerika Serikat 402.375 - 27.280 United States Dollar
Mata uang asing lainnya 453.332 - 50.508 Other foreign currencies
42.266.711 281.969 512.365
Terkait dengan suku bunga Related to interest rate
Pihak berelasi (Catatan 44) Related parties (Note 44)
Swap Swap
Dolar Amerika Serikat 3.911.085 150 41.236 United States Dollar
Pihak ketiga Third parties
Swap Swap
Dolar Amerika Serikat 2.414.250 35.180 - United States Dollar
Terkait dengan kontrak Related to exchange rate
nilai tukar dan suku bunga contracts and interest rate
Pihak berelasi (Catatan 44) Related parties (Note 44)
Swap Swap
Rupiah 21.214.654 270.923 413.283 Rupiah
Pihak ketiga Third parties
Swap Swap
Rupiah 25.670.164 617.660 335.634 Rupiah
Jumlah 103.370.132 1.381.431 1.356.421 Total
*)
Terdiri dari Dual Currency Investment (DCI) dan Swap Investment *)
This consists of Dual Currency Investment (DCI) and Swap
(SWI) Investment (SWI)
Informasi mengenai transaksi dengan pihak Information on related parties and maturities
berelasi dan jatuh tempo diungkapkan are disclosed in Note 44 and 53, respectively.
masing-masing pada Catatan 44 dan 53.
116
810 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 813
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVES RECEIVABLE AND PAYABLE
(continued)
b. Berdasarkan jatuh tempo b. By maturity
Bank memiliki transaksi kontrak valuta The Bank has outstanding cross currency swap
berjangka pertukaran mata uang asing dan and interest rate swap transaction with several
suku bunga dengan beberapa bank asing dan foreign banks and debtors for liquidity
debitur untuk pengelolaan likuiditas dan management and to cover the interest rate
menghadapi risiko perubahan suku bunga atas fluctuation as part of asset and liabilities
aset dan liabilitas Bank. Berdasarkan perjanjian management of the Bank. Based on the
ini, Bank wajib membayar pokok pinjaman agreement, the Bank should pay principal and
beserta bunga dengan suku bunga variable or fixed interest rate. The interest is
mengambang atau tetap. Bunga dibayarkan paid in Rupiah and USD currencies on
dalam mata uang Rupiah dan USD setiap enam a semester, quarterly and monthly basis until
bulan, tiga bulan dan satu bulan sampai maturity date. As of December 31, 2025 and
dengan tanggal jatuh tempo. Per tanggal 2024, the cross currency and interest rate swap
31 Desember 2025 dan 2024 transaksi kontrak transactions will mature from from January 26,
valuta berjangka pertukaran mata uang asing 2026 until June 25, 2035 and January 18, 2025
dan suku bunga tersebut masing-masing akan until December 23, 2031, respectively.
jatuh tempo dari tanggal 26 Januari 2026
sampai dengan 25 Juni 2035 dan 18 Januari
2025 sampai dengan 23 Desember 2031.
Bank memiliki transaksi kontrak pertukaran The Bank has outstanding interest rate swap
suku bunga dengan beberapa bank asing transaction with several foreign banks for
tertentu untuk pengelolaan risiko perubahan liquidity management and to cover the interest
suku bunga atas aset dan liabilitas Bank. rate fluctuation as part of asset and liabilities
Berdasarkan perjanjian ini, Bank wajib management of the Bank. Based on the
membayar bunga mengambang dalam mata agreement, the Bank should pay variable
uang Rupiah dan USD setiap enam bulan, tiga interest rate in Rupiah and USD currencies on
bulan, dan satu bulan hingga tanggal jatuh semester, quarterly, and monthly basis until
tempo. Per tanggal 31 Desember 2025 dan 2024 maturity date. As of December 31, 2025 and
transaksi kontrak pertukaran suku bunga 2024 interest rate swap transactions will
tersebut masing-masing akan jatuh tempo mature from January 26, 2026 until March 5,
dari tanggal yang berkisar antara tanggal 2030 and September 21, 2025 until December 14,
26 Januari 2026 sampai dengan 5 Maret 2030 2028, respectively.
dan tanggal 21 September 2025 sampai
dengan 14 Desember 2028.
Per 31 Desember 2025 dan 2024, jatuh tempo As of December 31, 2025 and 2024, the maturity
kontrak forward mata uang asing masing- of the forward foreign currency contracts were
masing adalah antara 2 - 357 dan between 2 - 357 and 2 - 722 days, foreign
2 - 722 hari, jatuh tempo kontrak swap mata currency swaps were between 2 - 364 and
uang asing masing-masing adalah antara 2 - 356 days, option were between 2 - 177 and
2 - 364 dan 2 - 356 hari, jatuh tempo kontrak 9 - 120 days and others were between 2 - 546
option masing-masing adalah antara 2 - 177 and 2 - 911 days, respectively.
dan 9 - 120 hari dan jatuh tempo kontrak
lainnya adalah antara 2 - 546 dan 2 - 911 hari.
117
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 811
Page 814
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVES RECEIVABLE AND PAYABLE
(continued)
c. Suku bunga kontraktual c. Contractual interest rate
Tahun yang Berakhir pada Tanggal 31 Desember/
Year ended December 31
2025 2024
Swap Suku Bunga Interest Rate Swap
Mata uang asing Foreign currencies
Yang akan dibayar To be paid
Suku bunga mengambang USD SOFR OVERNIGHT USD SOFR OVERNIGHT Variable interest rate
Suku bunga tetap 3,27% - 4,68% 4,17% - 4,96% Fixed interest rate
Yang akan diterima To be received
USD SOFR OVERNIGHT -
Suku bunga mengambang USD CME TERM SOFR 3 MONTHS USD SOFR OVERNIGHT Variable interest rate
Suku bunga tetap 3,79% - 4,61% 3,95% - 4,61% Fixed interest rate
Swap Suku Bunga dan Mata Uang Cross Currency and Interest Rate Swap
Rupiah Rupiah
Yang akan dibayar To be paid
Suku bunga tetap 0,90% - 9,50% 0,90% - 9,50% Fixed interest rate
Yang akan diterima To be received
Suku bunga tetap 1,93% - 9,50% 1,93% - 9,50% Fixed interest rate
Mata uang asing Foreign currencies
Yang akan dibayar To be paid
USD SOFR OVERNIGHT+ USD SOFR OVERNIGHT+
70bps - USD CME TERM 70bps - USD CME TERM
Suku bunga mengambang - USD SOFR 6 MONTHS+ 125bps SOFR 6 MONTHS+ 125bps Variable interest rate - USD
Suku bunga mengambang - EUR EURIBOR 3 MONTHS+ 225bps EURIBOR 3 MONTHS+ 225bps Variable interest rate - EUR
Suku bunga mengambang - JPY JPY TONAR O/N+ 95bps JPY TONAR O/N+ 95bps Variable interest rate - JPY
Suku bunga tetap - USD 3,40% - 7,66% 4,47% - 7,66% Fixed interest rate - USD
Suku bunga tetap - EUR 0,57% - 1,90% 0,57% - 0,92% Fixed interest rate - EUR
Suku bunga tetap - MYR 5,48% - 5,55% - Fixed interest rate - MYR
Yang akan diterima To be received
USD CME TERM SOFR 1 MONTH USD CME TERM SOFR 1 MONTH
+45bps - USD CME TERM +45bps - USD CME TERM
Suku bunga mengambang - USD SOFR 6 MONTHS+ 125bps SOFR 6 MONTHS+ 125bps Variable interest rate - USD
Suku bunga mengambang - EUR EURIBOR 3 MONTHS+ 225bps EURIBOR 3 MONTHS+ 225bps Variable interest rate - EUR
Suku bunga mengambang - JPY JPY TONAR O/N+ 95bps JPY TONAR O/N+ 95bps Variable interest rate - JPY
Suku bunga tetap - USD 4,05 % - 8,35% 4,05% - 9,50% Fixed interest rate - USD
Suku bunga tetap - EUR 0,57% - 1,90% 0,57 % - 0,92% Fixed interest rate - EUR
Suku bunga tetap - MYR 5,50% - 5,55% - Fixed interest rate - MYR
Pertukaran tingkat suku bunga dan mata uang The interest rate and currency exchanges are
dilakukan setiap bulanan, kuartalan dan exercised on a monthly, quarterly and semi
semesteran. annually.
Pada tanggal 31 Desember 2025 dan 2024 As of December 31, 2025 and 2024, the
jangka waktu kontrak swap suku bunga contract period of interest rate swaps ranged
berkisar antara 91 hari sampai 5 tahun dan 2 from 91 days to 5 years and 2 to 5 years. As of
sampai 5 tahun. Pada tanggal 31 Desember December 31, 2025 and 2024, the remaining
2025 dan 2024, sisa jangka waktu kontrak dari contract period of cross currency rate swap
swap suku bunga dan mata uang berkisar ranged from 134 days to 10 years and 1 to 8
antara 134 hari sampai 10 tahun dan 1 sampai 8 years.
tahun.
812 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
118
Page 815
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/ 12. LOANS AND SHARIA RECEIVABLES/ FINANCING
PEMBIAYAAN SYARIAH
a. Berdasarkan jenis dan mata uang a. By type and currency
31 Desember/December 31
2025 2024
8010000
Rupiah Rupiah
Korporasi 15.083.107 17.852.419 Corporate
Komersial/Usaha Commercial/Small and
Kecil Menengah ("UKM") Medium Enterprises ("SME")
UKM 10.323.873 10.808.137 SME
UKM+ 4.617.533 4.571.905 SME+
Komersial 9.666.336 8.178.959 Commercial
Konsumen Consumer
Kredit Kendaraan
Bermotor 10.592.910 9.436.179 Auto loans
Kredit Pemilikan Rumah ("KPR") 6.828.198 8.021.299 Mortgage ("KPR")
Home equity loans (Maxima) 454.685 594.168 Home equity loans (Maxima)
Kartu kredit 3.284.285 3.289.595 Credit card
Pinjaman tanpa agunan ("PITA") 912.722 693.252 Unsecured loans ("PITA")
Lain-lain*) 8.343.186 7.400.164 Others*)
Syariah 27.998.488 29.168.388 Sharia
98.105.323 100.014.465
Mata uang asing Foreign currencies
Korporasi 13.486.396 15.560.668 Corporate
Komersial/Usaha Commercial/Small and
Kecil Menengah ("UKM") Medium Enterprises ("SME")
UKM 201.584 239.118 SME
UKM+ 98.771 155.696 SME+
Komersial 1.900.094 1.829.522 Commercial
Syariah 2.538.137 2.589.112 Sharia
18.224.982 20.374.116
Jumlah 116.330.305 120.388.581 Total
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (3.181.985) (3.902.938) impairment losses
113.148.320 116.485.643
*)
Terdiri dari pinjaman karyawan dan piutang anak perusahaan. *)
Consist of employee loan and receivable of subsidiaries.
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in
pada Catatan 53. Note 53.
b. Jaminan kredit b. Loan collateral
Jaminan pemberian kredit adalah tanah, Loan collaterals are in the form of land,
bangunan, saham, tabungan, giro, deposito buildings, shares of stock, savings, demand
berjangka (Catatan 19), mesin, persediaan dan deposits, time deposits (Note 19), machinery,
jaminan lain yang dapat diterima oleh Bank. inventories and other collaterals that are
acceptable to the Bank.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 813
119
Page 816
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/ 12. LOANS AND SHARIA RECEIVABLES/ FINANCING
PEMBIAYAAN SYARIAH (lanjutan) (continued)
b. Jaminan kredit (lanjutan) b. Loan collateral (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, total loans
jumlah kredit yang diberikan yang dijamin which were secured by time
dengan deposito berjangka adalah masing- deposits amounted to Rp5,946,087 and
masing sebesar Rp5.946.087 dan Rp5.116.493. Rp5,116,493, respectively.
c. Berdasarkan sektor ekonomi c. By economic sector
Klasifikasi kredit berdasarkan sektor ekonomi Loans classified by economic sector are as
adalah sebagai berikut: follows:
31 Desember/December 31
2025 2024
8010000
Rupiah Rupiah
Pertanian dan perhutanan 739.579 1.026.062 Agriculture and forestry
Pertambangan 183.204 77.699 Mining
Perindustrian 13.758.238 11.896.712 Manufacturing
Listrik, gas dan air 832.292 1.508.401 Electricity, gas and water
Konstruksi 5.670.664 7.870.629 Construction
Perdagangan, restoran Trading, restaurant
dan hotel 16.457.681 16.921.456 and hotel
Angkutan, gudang dan Transportation, warehouses
komunikasi 2.905.909 2.462.581 and communication
Jasa-jasa dunia usaha 15.710.530 18.976.173 Business services
Jasa-jasa sosial/masyarakat 776.074 467.202 Social/public services
Lain-lain *) 41.071.152 38.807.550 Others *)
98.105.323 100.014.465
Mata uang asing Foreign currencies
Pertanian dan perhutanan 4.638 36.374 Agriculture and forestry
Pertambangan 4.975.065 5.364.726 Mining
Perindustrian 8.413.655 8.689.216 Manufacturing
Listrik, gas dan air 1.138.156 1.935.075 Electricity, gas and water
Konstruksi 300.990 229.184 Construction
Perdagangan, restoran Trading, restaurant
dan hotel 1.851.370 1.226.566 and hotel
Angkutan, gudang dan Transportation, warehouses
komunikasi 642.962 1.145.328 and communication
Jasa-jasa dunia usaha 893.307 1.741.798 Business services
Jasa-jasa sosial/masyarakat 4.839 5.849 Social/public services
18.224.982 20.374.116
Jumlah 116.330.305 120.388.581 Total
Dikurangi: Less:
Cadangan kerugian penurunan nilai (3.181.985) (3.902.938) Allowance for impairment losses
113.148.320 116.485.643
*) Terdiri dari kredit konsumen untuk pemilikan rumah, kendaraan *) This consists of consumer loans for housing, motor vehicles
bermotor dan lainnya. and others.
814 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
120
Page 817
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/ 12. LOANS AND SHARIA RECEIVABLES/ FINANCING
PEMBIAYAAN SYARIAH (lanjutan) (continued)
d. Berdasarkan pihak berelasi d. Based on related party
31 Desember/December 31
2025 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
PT Maybank Sekuritas Indonesia 170.277 306 PT Maybank Sekuritas Indonesia
PT Asuransi Etiqa Internasional Indonesia 100.062 25.000 PT Asuransi Etiqa Internasional Indonesia
Pinjaman karyawan kunci 140.491 118.172 Key management personnel loans
410.830 143.478
Pihak ketiga 115.919.475 120.245.103 Third parties
116.330.305 120.388.581
e. Berdasarkan periode kredit dan sisa umur e. By loan period and maturity
jatuh tempo
Golongan jangka waktu kredit yang diberikan The classification of loans based on loan
berdasarkan periode kredit sebagaimana period, as stated in the loan agreements, and
yang tercantum dalam perjanjian kredit dan the remaining period until maturity were as
waktu yang tersisa sampai dengan saat jatuh follows:
temponya adalah sebagai berikut:
31 Desember/December 31
2025 2024
Berdasarkan Berdasarkan Berdasarkan Berdasarkan
periode sisa umur periode sisa umur
perjanjian jatuh tempo/ perjanjian jatuh tempo/
kredit/ Based on kredit/ Based on
Based on remaining Based on remaining
08050000_01 loan period until loan period until
period maturity period maturity
Rupiah Rupiah
< = 1 tahun 32.863.873 41.596.311 29.489.911 39.361.450 < = 1 year
> 1 - 2 tahun 7.984.083 9.602.807 10.965.238 10.606.875 > 1 - 2 years
> 2 - 5 tahun 25.290.300 26.075.425 27.048.217 28.455.027 > 2 - 5 years
> 5 tahun 31.967.067 20.830.780 32.511.099 21.591.113 > 5 years
98.105.323 98.105.323 100.014.465 100.014.465
Mata uang asing Foreign currencies
< = 1 tahun 5.214.051 7.583.535 7.600.200 9.076.003 < = 1 year
> 1 - 2 tahun 1.665.780 1.817.569 1.854.572 1.503.525 > 1 - 2 years
> 2 - 5 tahun 3.416.449 7.009.828 3.647.700 8.848.402 > 2 - 5 years
> 5 tahun 7.928.702 1.814.050 7.271.644 946.186 > 5 years
18.224.982 18.224.982 20.374.116 20.374.116
116.330.305 116.330.305 120.388.581 120.388.581
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 815
121
Page 818
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/ 12. LOANS AND SHARIA RECEIVABLES/ FINANCING
PEMBIAYAAN SYARIAH (lanjutan) (continued)
f. Tingkat bunga f. Interest rate
Tingkat bunga rata-rata per tahun yang The average interest rates per annum charged
dibebankan kepada debitur oleh Bank adalah to debtors by the Bank are as follows:
sebagai berikut:
31 Desember/December 31
2025 2024
8060000
Rupiah 8,25% 8,70% Rupiah
Mata uang asing 5,27% 6,14% Foreign currencies
g. Kredit sindikasi g. Syndicated loans
Jumlah kredit sindikasi yang diberikan oleh Total syndicated loans of the Bank as of
Bank per tanggal 31 Desember 2025 dan December 31, 2025 and 2024
2024 adalah masing-masing sebesar amounted to Rp8,646,858 and Rp13,604,028,
Rp8.646.858 dan Rp13.604.028. respectively.
Keikutsertaan Bank sebagai pimpinan sindikasi The participation of the Bank as a leader of the
per 31 Desember 2025 adalah antara syndicated loans as of December 31, 2025
5% sampai 50% (31 Desember 2024: 5% sampai ranged from 5% to 50% (December 31, 2024: 5%
67%) dan sebagai anggota sindikasi per 31 to 67%) and as a member of the syndicated
Desember 2025 adalah antara 3% sampai 25% loans as of December 31, 2025 ranged from
(31 Desember 2024: 3% sampai 25%) dari 3% to 25% (December 31, 2024: 3% to 25%) of
jumlah kredit sindikasi. total syndicated loans.
h. Kredit dalam rangka pembiayaan bersama h. Joint financing loans
(joint financing)
Bank mengadakan perjanjian pemberian The Bank entered into joint financing
fasilitas pembiayaan bersama, terutama arrangements, mainly with the subsidiaries,
dengan entitas anak, yaitu WOM dan MIF untuk which are WOM and MIF for financing retail
membiayai kepemilikan kendaraan secara purchases of vehicles. The ultimate credit risk
retail. Risiko kredit Bank dalam pembiayaan of the Bank under the joint financing is with the
bersama tersebut berada pada debitur dari customers of the subsidiaries. The outstanding
entitas anak. Jumlah saldo fasilitas balance of the joint financing arrangements
pembiayaan bersama dengan WOM pada with WOM as of December 31, 2025 is RpNil
Tanggal 31 Desember 2025 adalah sebesar (December 31, 2024: RpNil). The outstanding
RpNihil (31 Desember 2024: RpNihil). Jumlah balance of the joint financing arrangements
saldo fasilitas pembiayaan bersama dengan with MIF as of December 31, 2025 is Rp11,380,286
MIF pada Tanggal 31 Desember 2025 adalah (December 31, 2024: Rp10,346,994). The
sebesar Rp11.380.286 (31 Desember 2024: amounts are recorded under Auto Loans and
Rp10.346.994). Jumlah tersebut dicatat dalam Sharia (Note 12a) and loan-others (Note 12c).
Kredit Kendaraan Bermotor dan Syariah
(Catatan 12a) dan kredit lain-lain
(Catatan 12c).
816 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
122
Page 819
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/ 12. LOANS AND SHARIA RECEIVABLES/ FINANCING
PEMBIAYAAN SYARIAH (lanjutan) (continued)
i. Pinjaman karyawan i. Loans to employees
Pinjaman karyawan Bank terdiri dari kredit yang Loans to the Bank’s employees consist of loans
dibebani bunga khusus dengan jangka waktu granted with special interest rates and with
berkisar antara 1 (satu) sampai dengan 20 (dua terms between 1 (one) to 20 (twenty) years
puluh) tahun yang dilunasi melalui pemotongan and are collected through monthly salary
gaji setiap bulannya. deductions.
Perbedaan antara tingkat bunga pinjaman The difference between the employee loan’s
karyawan dan suku bunga pasar ditangguhkan interest rates and market interest rate is
dan dicatat sebagai beban yang ditangguhkan deferred and recorded as deferred costs for
untuk pinjaman karyawan, bagian dari aset lain- employee loan, part of other assets and will be
lain dan akan diamortisasi menggunakan EIR. amortized using EIR.
j. Kredit restrukturisasi j. Restructured loans
Kredit yang diberikan yang direstrukturisasi Restructured loans include loans with
meliputi antara lain kredit dengan extensions of credit terms and/or reduction of
perpanjangan jangka waktu dan/atau interest rates.
penurunan tingkat bunga.
31 Desember/December 31
2025 2024
Kredit yang direstrukturisasi 4.473.879 6.535.254 Restructured loans
Dikurangi: Less:
Cadangan kerugian penurunan nilai (1.829.089) (2.599.384) Allowance for impairment losses
Saldo akhir 2.644.790 3.935.870 Ending balance
k. Cadangan kerugian penurunan nilai k. Allowance for impairment losses
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk kredit yang credit loss allowances of loans and sharia
diberikan dan piutang/pembiayaan syariah receivables/financing is as follows:
adalah sebagai berikut:
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 83.207.000 2.651.063 2.773.018 31.757.500 120.388.581 Beginning gross carrying amount
Transfer ke Stage 1 387.685 (356.103) (31.582) - - Transfer to Stage 1
Transfer ke Stage 2 (3.638.332) 3.654.353 (16.021) - - Transfer to Stage 2
Transfer ke Stage 3 (488.695) (309.472) 798.167 - - Transfer to Stage 3
Aset baru 23.789.596 150.968 40.414 7.038.574 31.019.552 New assets originated
Perubahan neto (11.422.899) (1.320.579) 45.940 (4.038.777) (16.736.315) Net change
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (12.956.781) (431.845) (6.357) (4.126.110) (17.521.093) (other than write-offs)
Penghapusbukuan - - (1.321.161) (181.780) (1.502.941) Write-offs
Selisih akibat perbedaan kurs 578.566 11.027 5.710 87.218 682.521 Exchange rate differences
Nilai tercatat bruto akhir 79.456.140 4.049.412 2.288.128 30.536.625 116.330.305 Ending gross carrying amount
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 817
123
Page 820
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/ 12. LOANS AND SHARIA RECEIVABLES/ FINANCING
PEMBIAYAAN SYARIAH (lanjutan) (continued)
k. Cadangan kerugian penurunan nilai k. Allowance for impairment losses (continued)
(lanjutan)
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk kredit yang credit loss allowances of loans and sharia
diberikan dan piutang/pembiayaan syariah receivables/financing is as follows:
adalah sebagai berikut: (lanjutan) (continued)
31 Desember/December 31, 2025
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Cadangan atas kerugian kredit ekspektasian awal 577.817 460.411 1.375.411 1.489.299 3.902.938 Beginning expected credit loss allowance
Transfer ke Stage 1 41.382 (32.369) (9.013) - - Transfer to Stage 1
Transfer ke Stage 2 (34.368) 36.444 (2.076) - - Transfer to Stage 2
Transfer ke Stage 3 (8.921) (124.484) 133.405 - - Transfer to Stage 3
Perubahan neto (155.831) 35.759 820.731 63.345 764.004 Net change
Aset baru 206.721 21.410 18.579 28.799 275.509 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (116.753) (72.079) (6.357) (66.773) (261.962) (other than write-offs)
Penghapusbukuan - - (1.321.161) (181.780) (1.502.941) Write-offs
Selisih akibat perbedaan kurs 1.207 4 1.051 2.175 4.437 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 511.254 325.096 1.010.570 1.335.065 3.181.985 Ending expected credit loss allowance
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 70.173.153 4.539.723 3.100.768 30.242.633 108.056.277 Beginning gross carrying amount
Transfer ke Stage 1 3.225.960 (3.127.349) (98.611) - - Transfer to Stage 1
Transfer ke Stage 2 (1.584.598) 1.611.059 (26.461) - - Transfer to Stage 2
Transfer ke Stage 3 (384.345) (103.707) 488.052 - - Transfer to Stage 3
Aset baru 35.119.148 183.395 59.300 9.374.777 44.736.620 New assets originated
Perubahan neto (9.188.443) (137.686) (18.843) (3.599.629) (12.944.601) Net change
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (14.551.709) (322.069) (111.967) (4.290.638) (19.276.383) (other than write-offs)
Penghapusbukuan - - (637.510) (80.580) (718.090) Write-offs
Selisih akibat perbedaan kurs 397.834 7.697 18.290 110.937 534.758 Exchange rate differences
Nilai tercatat bruto akhir 83.207.000 2.651.063 2.773.018 31.757.500 120.388.581 Ending gross carrying amount
31 Desember/December 31, 2024
Konvensional/Conventional Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Cadangan atas kerugian kredit ekspektasian awal 454.949 481.954 1.229.476 1.210.434 3.376.813 Beginning expected credit loss allowance
Transfer ke Stage 1 110.466 (85.808) (24.658) - - Transfer to Stage 1
Transfer ke Stage 2 (15.746) 19.732 (3.986) - - Transfer to Stage 2
Transfer ke Stage 3 (7.202) (12.497) 19.699 - - Transfer to Stage 3
Perubahan neto (155.611) 97.991 789.498 682.129 1.414.007 Net change
Aset baru 292.261 18.938 24.589 45.408 381.196 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (102.768) (63.947) (111.967) (378.167) (656.849) (other than write-offs)
Penghapusbukuan - - (637.510) (80.580) (718.090) Write-offs
Selisih akibat perbedaan kurs 1.468 4.048 90.270 10.075 105.861 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 577.817 460.411 1.375.411 1.489.299 3.902.938 Ending expected credit loss allowance
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
818 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
124
Page 821
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. PIUTANG PEMBIAYAAN KONSUMEN 13. CONSUMER FINANCING RECEIVABLES
a. Piutang pembiayaan konsumen entitas anak a. The subsidiaries’ consumer financing
receivables
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak ketiga Third parties
Piutang pembiayaan Consumer financing
konsumen - bruto 9.682.479 9.354.522 receivables - gross
Dikurangi: Less:
Pendapatan pembiayaan Unearned consumer financing
konsumen yang belum diakui (2.375.563) (2.162.088) receivables
7.306.916 7.192.434
Dikurangi: Less:
Cadangan kerugian Allowance for impairment
penurunan nilai (126.843) (116.486) losses
7.180.073 7.075.948
Akun ini merupakan piutang yang dikenakan This account represents interest-bearing
bunga yang timbul terutama dari kegiatan receivables mainly arising from financing
dalam bentuk penyediaan pembiayaan activities for four-wheeled and two-wheeled
kendaraan bermotor roda empat dan dua motor vehicles to consumers with periodic
kepada konsumen dengan pembayaran installment payment schedule.
angsuran secara berkala.
Sebagai jaminan atas piutang yang diberikan, The receivables are secured by fiduciary
entitas anak menerima jaminan dari konsumen transfers of vehicles whereby the subsidiaries
terutama berupa Bukti Pemilikan Kendaraan mainly receive the Motor Vehicle Ownership
Bermotor (“BPKB”) dari kendaraan bermotor Certificates (“BPKB”).
yang dibiayai.
Bagian pinjaman yang dibiayai bank-bank The part of financing which was financed by
pihak ketiga sehubungan dengan transaksi third party banks related to joint financing
kerjasama pembiayaan bersama dengan without recourse basis as of December 31, 2025
pembagian risiko tidak tertagihnya piutang and 2024 amounted to RpNil.
(without recourse) per tanggal 31 Desember
2025 dan 2024 adalah sebesar RpNihil.
Pada tanggal 31 Desember 2025 dan 2024 As of December 31, 2025 and 2024 consumer
piutang pembiayaan konsumen masing- financing receivables amounting to Rp1,398,314
masing sebesar Rp1.398.314 dan Rp2.224.261 and Rp2,224,261 respectively, were pledged as
digunakan sebagai jaminan atas pinjaman collateral to the subsidiaries’ borrowings
yang diterima entitas anak (Catatan 23) dan (Note 23) and amounting to Rp9,591 and
masing-masing sebesar Rp9.591 dan Rp433,367 respectively, were pledged to the
Rp433.367 dan sebagai jaminan atas utang subsidiary’s bonds issued (Note 22).
obligasi (Catatan 22).
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in
pada Catatan 53. Note 53.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 819
125
Page 822
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 13. CONSUMER FINANCING RECEIVABLES (continued)
b. Menurut sisa umur jatuh tempo b. By Maturity
31 Desember/December 31
2025 2024
Berdasarkan Berdasarkan
Berdasarkan sisa umur Berdasarkan sisa umur
periode jatuh tempo/ periode jatuh tempo/
perjanjian Based on perjanjian Based on
kredit/ remaining kredit/ remaining
08050000_01 Based on loan period until Based on loan period until
period maturity period maturity
Rupiah Rupiah
< = 1 tahun 380.305 1.039.899 311.428 1.148.896 < = 1 year
> 1 - 2 tahun 977.246 1.937.013 852.024 2.067.864 > 1 - 2 years
> 2 - 5 tahun 5.630.495 4.136.144 5.748.334 3.873.892 > 2 - 5 years
> 5 tahun 318.870 193.860 280.648 101.782 > 5 years
7.306.916 7.306.916 7.192.434 7.192.434
c. Tingkat bunga c. Interest rate
Tingkat bunga rata-rata per tahun yang The average interest rates per annum charged
dibebankan kepada debitur adalah sebagai to debtors are as follows:
berikut:
31 Desember/December 31
2025 2024
Rupiah Rupiah
PT Maybank Indonesia Finance 7,27% 7,54% PT Maybank Indonesia Finance
PT Wahana Ottomitra Multiartha Tbk 34,21% 34,13% PT Wahana Ottomitra Multiartha Tbk
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk piutang credit loss allowances of consumer financing
pembiayaan konsumen adalah sebagai receivables is as follows:
berikut:
31 Desember/December 31, 2025
Konvensional/Conventional
Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 6.273.886 209.544 57.104 651.900 7.192.434 Beginning gross carrying amount
Transfer ke Stage 1 51.668 (50.447) (1.221) - - Transfer to Stage 1
Transfer ke Stage 2 (123.437) 123.534 (97) - - Transfer to Stage 2
Transfer ke Stage 3 (41.862) (6.730) 48.592 - - Transfer to Stage 3
Aset baru 4.823.812 90.790 17.850 422.735 5.355.187 New assets originated
Perubahan neto (2.891.495) (61.319) 116.332 (175.356) (3.011.838) Net change
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (1.791.455) (110.762) (24.946) (121.629) (2.048.792) (other than write-offs)
Penghapusbukuan - - (166.832) (13.243) (180.075) Write-offs
Nilai tercatat bruto akhir 6.301.117 194.610 46.782 764.407 7.306.916 Ending gross carrying amount
820 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
126
Page 823
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7
13. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 13. CONSUMER FINANCING RECEIVABLES (continued)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses (continued)
(lanjutan)
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk piutang credit loss allowances of consumer financing
pembiayaan konsumen adalah sebagai receivables is as follows: (continued)
berikut: (lanjutan)
c 31 Desember/December 31, 2025
Konvensional/Conventional
Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Cadangan atas kerugian kredit ekspektasian awal 45.679 21.948 34.241 14.618 116.486 Beginning expected credit loss allowances
Transfer ke Stage 1 2.939 (2.448) (491) - - Transfer to Stage 1
Transfer ke Stage 2 (1.989) 2.054 (65) - - Transfer to Stage 2
Transfer ke Stage 3 (1.152) (707) 1.859 - - Transfer to Stage 3
Perubahan neto (21.492) 5.156 175.035 12.796 171.495 Net change
Aset baru 40.428 9.517 11.098 12.777 73.820 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (10.862) (14.707) (24.946) (4.368) (54.883) (other than write-offs)
Penghapusbukuan - - (166.832) (13.243) (180.075) Write-offs
Cadangan atas kerugian kredit ekspektasian akhir 53.551 20.813 29.899 22.580 126.843 Ending expected credit loss allowances
31 Desember/December 31, 2024
Konvensional/Conventional
Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Nilai tercatat bruto awal 7.050.014 230.496 84.077 581.142 7.945.729 Beginning gross carrying amount
Transfer ke Stage 1 69.537 (68.255) (1.282) - - Transfer to Stage 1
Transfer ke Stage 2 (138.609) 139.042 (433) - - Transfer to Stage 2
Transfer ke Stage 3 (52.419) (10.412) 62.831 - - Transfer to Stage 3
Aset baru 4.205.124 118.683 20.829 325.877 4.670.513 New assets originated
Perubahan neto (3.007.654) (78.024) 121.694 (155.390) (3.119.374) Net change
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (1.852.107) (121.986) (22.522) (88.963) (2.085.578) (other than write-offs)
Penghapusbukuan - - (208.090) (10.766) (218.856) Write-offs
Nilai tercatat bruto akhir 6.273.886 209.544 57.104 651.900 7.192.434 Ending gross carrying amount
31 Desember/December 31, 2024
Konvensional/Conventional
Syariah*)/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia*) Total
Cadangan atas kerugian kredit ekspektasian awal 57.930 26.133 47.560 13.665 145.288 Beginning expected credit loss allowances
Transfer ke Stage 1 5.246 (4.781) (465) - - Transfer to Stage 1
Transfer ke Stage 2 (2.668) 2.845 (177) - - Transfer to Stage 2
Transfer ke Stage 3 (1.419) (1.267) 2.686 - - Transfer to Stage 3
Perubahan neto (30.430) 4.935 202.691 7.037 184.233 Net change
Aset baru 30.036 11.745 12.558 8.896 63.235 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (13.016) (17.662) (22.522) (4.214) (57.414) (other than write-offs)
Penghapusbukuan - - (208.090) (10.766) (218.856) Write-offs
Cadangan atas kerugian kredit ekspektasian akhir 45.679 21.948 34.241 14.618 116.486 Ending expected credit loss allowances
*) Tidak menerapkan PSAK 109 *) Not implement SFAS 109
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 821
127
Page 824
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI 14. ACCEPTANCES RECEIVABLE AND PAYABLE
a. Tagihan akseptasi a. Acceptances receivable
(i) Berdasarkan pihak, mata uang dan pihak (i) By counterparty, currency and related
berelasi party
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak ketiga Third parties
Nasabah 148.211 181.069 Debtors
Bank lain 3.843 10.948 Other banks
Sub-jumlah - Rupiah 152.054 192.017 Sub-total - Rupiah
Mata uang asing Foreign currencies
Pihak berelasi (Catatan 44) Related parties (Note 44)
Bank lain 2.157 - Debtors
Pihak ketiga Third parties
Nasabah 1.763.927 1.379.455 Debtors
Bank lain 539 2.769 Other banks
Sub-jumlah - Mata uang asing 1.766.623 1.382.224 Sub-total - Foreign currencies
Jumlah 1.918.677 1.574.241 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3.367) (3.176) impairment losses
Tagihan akseptasi - neto 1.915.310 1.571.065 Acceptances receivable - net
822 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
128
Page 825
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 14. ACCEPTANCES RECEIVABLE AND PAYABLE
(continued)
a. Tagihan akseptasi (lanjutan) a. Acceptances receivable (continued)
(ii) Berdasarkan jatuh tempo (ii) By maturity
31 Desember/December 31
2025 2024
Rupiah Rupiah
<= 1 bulan 42.994 73.506 <= 1 month
> 1 bulan - 3 bulan 49.149 38.846 > 1 month - 3 months
> 3 bulan - 6 bulan 59.911 79.665 > 3 months - 6 months
152.054 192.017
Mata uang asing Foreign currencies
<= 1 bulan 432.916 219.182 <= 1 month
> 1 bulan - 3 bulan 739.958 594.009 > 1 month - 3 months
> 3 bulan - 6 bulan 587.856 560.664 > 3 months - 6 months
> 6 bulan - 12 bulan 5.893 8.369 > 6 months - 12 months
1.766.623 1.382.224
1.918.677 1.574.241
(iii)Cadangan kerugian penurunan nilai (iii) Allowance for impairment losses
Analisis atas perubahan dalam nilai tercatat An analysis of change in the gross carrying
bruto dan cadangan atas kerugian kredit amount and the corresponding expected
ekspektasian terkait untuk tagihan akseptasi credit loss allowances of acceptance
sebagai berikut: receivables is as follows:
31 Desember/December 31, 2025
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal 1.022.485 551.756 - 1.574.241 Beginning gross carrying amount
Aset baru 1.529.524 389.153 - 1.918.677 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (1.022.485) (551.756) - (1.574.241) (other than write-offs)
Selisih akibat perbedaan kurs - - - - Exchange rate differences
Nilai tercatat bruto akhir 1.529.524 389.153 - 1.918.677 Ending gross carrying amount
31 Desember/December 31, 2025
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Cadangan atas kerugian kredit ekspektasian awal 2.234 942 - 3.176 Beginning expected credit loss allowance
Perubahan neto (105) - - (105) Net change
Aset baru 2.775 592 - 3.367 New assets originated
Aset dihentikan pengakuannya Assets derecognized
(selain karena penghapusbukuan) (2.234) (942) - (3.176) (other than write-offs)
Selisih akibat perbedaan kurs 105 - - 105 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 2.775 592 - 3.367 Ending expected credit loss allowance
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 823
129
Page 826
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 14. ACCEPTANCES RECEIVABLE AND PAYABLE
(continued)
a. Tagihan akseptasi (lanjutan) a. Acceptances receivable (continued)
(iii) Cadangan kerugian penurunan nilai (iii) Allowance for impairment losses
(lanjutan) (continued)
31 Desember/December 31, 2024
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal 784.812 1.883 - 786.695 Beginning gross carrying amount
Aset baru 1.022.485 551.756 - 1.574.241 New assets originated
Aset dihentikan pengakuannya Assets derecognised
(selain karena penghapusbukuan) (784.812) (1.883) - (786.695) (other than write-offs)
Nilai tercatat bruto akhir 1.022.485 551.756 - 1.574.241 Ending gross carrying amount
31 Desember/December 31, 2024
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Cadangan atas kerugian kredit ekspektasian awal 1.064 1 - 1.065 Beginning expected credit loss allowance
Perubahan neto (899) - - (899) Net change
Aset baru 2.234 942 - 3.176 New assets originated
Aset dihentikan pengakuannya Assets derecognised
(selain karena penghapusbukuan) (1.064) (1) - (1.065) (other than write-offs)
Selisih akibat perbedaan kurs 899 - - 899 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 2.234 942 - 3.176 Ending expected credit loss allowance
Cadangan kerugian penurunan nilai Allowance for impairment losses is
dihitung sesuai dengan kebijakan pada calculated using policy which is inline with
Catatan 2n. Note 2n.
Manajemen berpendapat bahwa jumlah Management believes that the allowance
cadangan kerugian penurunan nilai telah for impairment losses is adequate.
memadai.
b. Liabilitas akseptasi b. Acceptances payable
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak ketiga Third parties
Bank lain 114.451 97.514 Other banks
Nasabah 12.845 21.950 Debtors
Sub-jumlah - Rupiah 127.296 119.464 Sub-total - Rupiah
Mata uang asing Foreign currencies
Pihak berelasi (Catatan 44) Related parties (Note 44)
Bank lain 12.901 56.085 Other banks
Pihak ketiga Third parties
Bank lain 1.747.331 1.228.238 Other banks
Nasabah 2.696 12.442 Debtors
1.750.027 1.240.680
Sub-jumlah - Mata uang asing 1.762.928 1.296.765 Sub-total - Foreign currencies
1.890.224 1.416.229
Informasi mengenai transaksi dengan pihak Information on related parties and maturities
berelasi dan jatuh tempo diungkapkan masing- are disclosed in Notes 44 and 53, respectively.
masing pada Catatan 44 dan 53.
130
824 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 827
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK-GUNA 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
31 Desember/December 31
2025 2024
Aset tetap - neto 3.197.411 3.389.861 Fixed assets - net
Aset hak guna - neto 589.610 602.351 Right-of-use assets - net
3.787.021 3.992.212
a. Aset Tetap a. Fixed Assets
31 Desember/December 31
2025 2024
Biaya perolehan/nilai penilaian
kembali At cost/revalued amount
Kepemilikan langsung: Direct ownership:
Tanah 2.399.420 2.561.788 Land
Buildings, including
Bangunan, termasuk renovasi 714.512 738.227 leasehold improvements
Peralatan kantor 1.743.080 1.747.469 Office equipment
Instalasi 375.116 400.606 Installations
Kendaraan bermotor 100.067 99.485 Vehicles
5.332.195 5.547.575
Akumulasi penyusutan Accumulated depreciation
Kepemilikan langsung: Direct ownership:
Buildings, including
Bangunan, termasuk renovasi 548.938 566.265 leasehold improvements
Peralatan kantor 1.187.746 1.182.531 Office equipment
Instalasi 332.089 351.711 Installations
Kendaraan bermotor 66.011 57.207 Vehicles
2.134.784 2.157.714
Nilai buku neto 3.197.411 3.389.861 Net book value
131
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 825
Page 828
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK-GUNA (lanjutan) 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
Mutasi aset tetap dan akumulasi penyusutan Movements of consolidated fixed assets and
konsolidasian adalah sebagai berikut: accumulated depreciation are as follows:
31 Desember/December 31, 2025
Penjabaran
kurs/ Reklasifikasi
Reklasifikasi/ aktiva
Foreign tetap tanah/
currency Reclassification
1 Januari/ Penambahan/ Pengurangan/ translation/ in fixed asset 31 Desember/
14000000_02 January 1 Additions Deductions Reclassifications for land December 31
Biaya perolehan/Nilai penilaian
kembali At cost/Revalued amount
Kepemilikan langsung: Direct ownership:
Tanah 2.561.788 - 28.053 - (134.315) 2.399.420 Land
Buildings, including
Bangunan, termasuk renovasi 738.227 29.077 52.792 - - 714.512 leasehold improvements
Peralatan kantor 1.747.469 140.886 146.018 743 - 1.743.080 Office equipment
Instalasi 400.606 11.386 36.066 (810) - 375.116 Installations
Kendaraan bermotor 99.485 11.765 11.172 (11) - 100.067 Vehicles
5.547.575 193.114 274.101 (78) (134.315) 5.332.195
Akumulasi penyusutan Accumulated depreciation
Kepemilikan langsung: Direct ownership:
Buildings, including
Bangunan, termasuk renovasi 566.265 29.438 46.765 - - 548.938 leasehold improvements
Peralatan kantor 1.182.531 150.384 145.795 626 - 1.187.746 Office equipment
Instalasi 351.711 16.848 35.551 (919) - 332.089 Installations
Kendaraan bermotor 57.207 17.721 9.021 104 - 66.011 Vehicles
2.157.714 214.391 237.132 (189) - 2.134.784
Nilai buku neto 3.389.861 3.197.411 Net book value
31 Desember/December 31, 2024
Penjabaran Selisih penilaian
kurs/ kembali aktiva
Reklasifikasi/ tetap tanah/
Foreign Revaluation
currency surplus
1 Januari/ Penambahan/ Pengurangan/ translation/ in fixed asset 31 Desember/
14000000_02 January 1 Additions Deductions Reclassifications for land December 31
Biaya perolehan/Nilai penilaian
kembali At cost/Revalued amount
Kepemilikan langsung: Direct ownership:
Tanah 2.428.488 6.444 1.458 (3.535) 131.849 2.561.788 Land
Buildings, including
Bangunan, termasuk renovasi 696.642 47.656 1.003 (5.068) - 738.227 leasehold improvements
Peralatan kantor 1.627.903 260.845 144.299 3.020 - 1.747.469 Office equipment
Instalasi 420.078 34.229 50.645 (3.056) - 400.606 Installations
Kendaraan bermotor 90.230 26.459 17.216 12 - 99.485 Vehicles
5.263.341 375.633 214.621 (8.627) 131.849 5.547.575
Akumulasi penyusutan Accumulated depreciation
Kepemilikan langsung: Direct ownership:
Buildings, including
Bangunan, termasuk renovasi 541.906 28.325 744 (3.222) - 566.265 leasehold improvements
Peralatan kantor 1.133.885 164.643 116.033 36 - 1.182.531 Office equipment
Instalasi 385.707 16.373 50.357 (12) - 351.711 Installations
Kendaraan bermotor 55.501 14.994 13.337 49 - 57.207 Vehicles
2.116.999 224.335 180.471 (3.149) - 2.157.714
Nilai buku neto 3.146.342 3.389.861 Net book value
Beban penyusutan yang dibebankan pada tahun The depreciation expenses for the year ended
yang berakhir pada tanggal-tanggal December 31, 2025 and 2024 amounted to
31 Desember 2025 dan 2024 adalah masing- Rp214,391 and Rp224,335, respectively.
masing sebesar Rp214.391 dan Rp224.335.
826 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
132
Page 829
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK-GUNA (lanjutan) 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
Pengurangan aset tetap di atas termasuk The above deductions in fixed assets include sale
penjualan aset dengan rincian sebagai berikut: of assets with details as follows:
31 Desember/December 31
2025 2024
Nilai buku 2.596 4.389 Book value
Harga jual 8.011 8.069 Selling price
Laba penjualan aset tetap (Catatan 42) 5.415 3.680 Gains from sale of fixed assets (Note 42)
Pada tahun 2024 (sebelumnya pernah In 2024 (previously performed in 2016, 2018
dilakukan juga pada tahun 2016, 2018 dan and 2021), Group performed fixed assets
2021), Grup melakukan penilaian kembali aset revaluation on land located in Indonesia.
tetap berupa tanah yang berada di Based on Independent Appraisal report which
Indonesia. Berdasarkan laporan dari Penilai was performed by independent appraiser
Independen dari KJPP Susan Widjojo dan KJPP Susan Widjojo dan Rekan signed by
Rekan yang ditandatangani Susan Widjojo, Susan Widjojo, MAPPI (Cert) dated December
MAPPI (Cert) pada 23 Desember 2024, metode 23, 2024, the methods used are market data
yang digunakan dalam penilaian kembali approach. The revaluation date is on
aset tetap adalah metode pendekatan November 30, 2024.
data pasar. Tanggal penilaian adalah
30 November 2024.
Penilaian dilakukan sesuai dengan dan Appraisals are performed based on
tunduk kepada ketentuan-ketentuan dari Indonesian Appraisers Ethics Code,
Kode Etik Penilai Indonesia, Standar Penilaian Indonesian Appraisal Standards and
Indonesia dan Peraturan BAPEPAM-LK BAPEPAM-LK rule No.VIII.C.4 concerning
No.VIII.C.4 tentang Pedoman Penilaian dan Guidelines for Valuation and Presentation of
Penyajian Laporan Penilai Properti di Pasar Property Appraisal General Concept and
Modal. Konsep dan Prinsip Umum Penilaian Principal point 17 year 2015, based on
(KPUP) poin 17 tahun 2015, ditentukan references from recent market transactions
berdasarkan transaksi pasar terkini dan and performed under common requirements
dilakukan dengan ketentuan-ketentuan yang and using appraisal approach.
lazim dan menggunakan pendekatan
penilaian.
Dalam pengukuran nilai wajar tanah, Penilai In the fair value measurement of the land, the
Independen memperhitungkan kemampuan Independent Appraisers takes into account a
peserta pasar untuk menghasilkan manfaat market participant’s ability to generate
ekonomi dengan penggunaan tertinggi dan economic benefits by using the assets in its
terbaik atas aset atau dengan menjual aset ke highest and best use or by selling it to another
peserta pasar lain yang akan menggunakan market participant that would use the assets in
aset pada kondisi tertinggi dan penggunaan its highest and best use. The revaluation of land
terbaik. Penilaian kembali yang dilakukan resulted in increase of carrying amount
atas tanah menghasilkan kenaikan nilai amounted to Rp131,849 which was recognized
tercatat sebesar Rp131.849 dan dicatat as part of equity as fixed assets revaluation
sebagai bagian dari ekuitas sebagai surplus surplus and other comprehensive income.
revaluasi aset tetap dan penghasilan
komprehensif lain.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 827
133
Page 830
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK-GUNA (lanjutan) 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
Tabel berikut menyajikan perbandingan The following table presents the comparison
antara tanah berdasarkan model revaluasi between land based on revaluation model and
dan model biaya pada tanggal 31 Desember cost model as of December 31, 2025 and 2024:
2025 dan 2024:
31 Desember/December 31, 2025
Model biaya/ Model revaluasi/
Cost model Revaluation model
Tanah 424.221 2.399.420 Land
31 Desember/December 31 , 2024
Model biaya/ Model revaluasi/
Cost model Revaluation model
Tanah 452.274 2.561.788 Land
Tabel di bawah ini menyajikan instrumen non- The table below shows the non-financial
keuangan yang diakui pada nilai wajar instruments recognized at fair value based on
berdasarkan hirarki yang digunakan Bank the hierarchy used by the Bank in
untuk menentukan dan mengungkapkan nilai determining and disclosing the fair value of
wajar dari instrumen non-keuangan: non-financial instruments:
(i) Tingkat 1: Dikutip dari harga pasar aktif (i) Level 1: Quoted (unadjusted) prices in
untuk aset atau liabilitas yang identik; active markets for identical assets or
liabilities;
(ii) Tingkat 2: Teknik valuasi di mana seluruh (ii) Level 2: Valuation techniques for which all
input yang memiliki efek signifikan inputs which have a significant effect on
terhadap nilai wajar yang tercatat dapat the recorded fair value are observable
diobservasi baik secara langsung atau either directly or indirectly;
tidak langsung;
(iii) Tingkat 3: Teknik valuasi di mana seluruh (iii) Level 3: Valuation techniques which use
input yang memiliki efek signifikan inputs that have a significant effect on
terhadap nilai wajar yang tercatat tidak the recorded fair value that are not
dapat diobservasi dari data pasar. based on observable market data.
31 Desember/December 31, 2025
Nilai wajar/Fair value
Tingkat 1/ Tingkat 2/ Tingkat 3/ Jumlah/
Level 1 Level 2 Level 3 Total
Tanah - 2.399.420 - 2.399.420 Land
31 Desember/December 31, 2024
Nilai wajar/Fair value
Tingkat 1/ Tingkat 2/ Tingkat 3/ Jumlah/
Level 1 Level 2 Level 3 Total
Tanah - 2.561.788 - 2.561.788 Land
828 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
134
Page 831
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK-GUNA (lanjutan) 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
Nilai wajar tingkat 2 dari tanah dihitung Level 2 fair value of land is calculated using
dengan menggunakan pendekatan the comparable market data approach. The
perbandingan harga pasar. Harga pasar dari approximate market prices of comparable
tanah yang paling mendekati disesuaikan land are adjusted for differences in key
dengan perbedaan atribut utama seperti attributes such as property size, location and
ukuran aset, lokasi dan penggunaan aset. use of an asset. The most significant input into
Input yang paling signifikan dalam this valuation approach is price per square
pendekatan penilaian ini adalah asumsi harga meter assumptions.
per meter.
Bank dan entitas anak memiliki sejumlah The Bank and subsidiaries owned numbers of
bidang tanah dengan hak kepemilikan berupa parcels of land with Building Use Rights (Hak
Hak Guna Bangunan yang akan jatuh tempo Guna Bangunan or “HGB”) that will expire
antara tahun 2026 sampai 2055 yang between 2026 and 2055 which are spread all
tersebar di seluruh Indonesia di mana over Indonesia where Bank’s branches are
cabang Bank berada. Manajemen located. Management believes that the land
berpendapat hak atas tanah tersebut dapat rights can be extended.
diperpanjang.
Manajemen berpendapat tidak terdapat Management believes that there is no
indikasi penurunan nilai atas aset tetap yang impairment in the value of fixed assets owned
dimiliki Bank. by the Bank.
Aset tetap Bank, kecuali tanah, diasuransikan Fixed assets of the Bank, except land, were
terhadap risiko kebakaran dan pencurian pada insured against risk of fire and theft As of
Tanggal 31 Desember 2025 kepada December 31, 2025 with the Bank’s related
perusahaan asuransi pihak terkait Bank yaitu party insurance company which is PT Asuransi
PT Asuransi Etiqa Internasional Indonesia dan Etiqa Internasional Indonesia and the Bank’s
perusahaan asuransi pihak ketiga Bank yaitu third parties insurance companies which are
Asuransi Sinar Mas, Asuransi Harta Aman, Asuransi Sinar Mas, Asuransi Harta Aman,
Asuransi Allianz Utama Indonesia, Great Asuransi Allianz Utama Indonesia, Great
Eastern Insurance Indonesia, Asuransi Central Eastern Insurance Indonesia, Asuransi Central
Asia dan PT Malacca Trust Wuwungan Asia and PT Malacca Trust Wuwungan
Insurance dengan nilai pertangggungan Insurance with the insured amount of
sebesar Rp2.566.122 dan USD7.004.785 dan Rp2,566,122 and USD7,004,785 and December
31 Desember 2024 kepada perusahaan 31, 2024 with the Bank’s related party insurance
asuransi pihak terkait Bank yaitu PT Asuransi company which is PT Asuransi Etiqa
Etiqa Internasional Indonesia dan perusahaan Internasional Indonesia and the Bank’s third
asuransi pihak ketiga Bank yaitu Asuransi Sinar parties insurance companies which are
Mas, Asuransi Harta Aman, Asuransi Allianz Asuransi Sinar Mas, Asuransi Harta Aman,
Utama Indonesia, Great Eastern Insurance Asuransi Allianz Utama Indonesia, Great
Indonesia dan Asuransi Central Asia dengan Eastern Insurance Indonesia and Asuransi
nilai pertangggungan sebesar Rp2.176.011 dan Central Asia with the insured amount of
USD6.115.285. Manajemen berpendapat bahwa Rp2,176,011 and USD6,115,285. Management
nilai pertanggungan tersebut cukup untuk believes that the insurance coverage is
menutupi kemungkinan kerugian atas aset adequate to cover possible losses on the
yang dipertanggungkan. assets insured.
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, the gross
jumlah tercatat bruto dari setiap aset tetap amount of fixed assets which have been fully
yang telah disusutkan penuh dan masih depreciated and still being used amounted to,
digunakan adalah masing-masing sebesar Rp1,441,651 and Rp1,632,816, respectively.
Rp1.441.651 dan Rp1.632.816.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 829
135
Page 832
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK-GUNA (lanjutan) 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
Penambahan dan pengurangan aset tetap Additions and deductions of the Bank’s fixed
Bank pada tanggal 31 Desember 2025 dan assets as of December 31, 2025 and 2024,
2024 terutama terdiri dari perangkat keras mainly consists of computer hardware, ATM
komputer, mesin ATM, tanah, bangunan dan machines, land, buildings and motor vehicles
kendaraan bermotor yang digunakan untuk used for the Bank’s operational activities.
aktivitas operasional Bank.
b. Aset hak-guna b. Right-of-use Assets
Rekonsiliasi kelompok-kelompok utama aset The reconciliation of right-of-use assets by
hak-guna adalah sebagai berikut: major classifications were as follows:
31 Desember/December 31, 2025
Bangunan/ Kendaraan Bermotor / Sentra Data / Jumlah/
Premises Motor Vehicle Data centre Total
Nilai bruto Gross balance
Saldo awal 863.025 - 128.818 991.843 Beginning balance
Penambahan selama tahun berjalan 91.058 43.327 - 134.385 Additions for the year
Penghentian selama tahun berjalan (88.943) - (72.168) (161.111) Termination for the year
Modifikasi selama tahun berjalan 31.873 - - 31.873 Modification for the year
Saldo akhir 897.013 43.327 56.650 996.990 Ending balance
Akumulasi penyusutan Accumulated depreciation
Saldo awal 298.048 - 91.444 389.492 Beginning balance
Penambahan selama tahun berjalan 141.385 8.665 14.300 164.350 Additions for the year
Penghentian selama tahun berjalan (83.202) - (63.260) (146.462) Termination for the year
Modifikasi selama tahun berjalan - - - - Modification for the year
Saldo akhir 356.231 8.665 42.484 407.380 Ending balance
Nilai buku neto 540.782 34.662 14.166 589.610 Net book value
31 Desember/December 31, 2024
Bangunan/ Kendaraan Bermotor / Sentra Data / Jumlah/
Premises Motor Vehicle Data centre Total
Nilai bruto Gross balance
Saldo awal 847.721 64.997 129.112 1.041.830 Beginning balance
Penambahan selama tahun berjalan 80.731 - - 80.731 Additions for the year
Penghentian selama tahun berjalan (75.721) (64.997) - (140.718) Termination for the year
Modifikasi selama tahun berjalan 10.294 - (294) 10.000 Modification for the year
Saldo akhir 863.025 - 128.818 991.843 Ending balance
Akumulasi penyusutan Accumulated depreciation
Saldo awal 239.870 51.943 68.135 359.948 Beginning balance
Penambahan selama tahun berjalan 136.441 13.054 23.309 172.804 Additions for the year
Penghentian selama tahun berjalan (75.721) (64.997) - (140.718) Termination for the year
Modifikasi selama tahun berjalan (2.542) - - (2.542) Modification for the year
Saldo akhir 298.048 - 91.444 389.492 Ending balance
Nilai buku neto 564.977 - 37.374 602.351 Net book value
830 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
136
Page 833
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TETAP DAN ASET HAK GUNA (lanjutan) 15. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
b. Aset hak-guna (lanjutan) b. Right-of-use Assets (continued)
Laporan laba rugi menyajikan saldo berikut Statement of profit or loss shows the following
berkaitan dengan sewa: amounts related to leases:
Tahun yang Berakhir
Pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Beban penyusutan aset hak-guna: Depreciation expenses of right-of-use assets:
- Bangunan 141.385 136.443 Premises -
- Kendaraan bermotor 8.665 13.052 Motor vehicle -
- Sentra data 14.300 23.309 Data centre -
164.350 172.804
Beban bunga (Catatan 25): Interest expenses (Note 25):
- Bangunan 35.368 37.463 Premises -
- Kendaraan bermotor 3.230 468 Motor vehicle -
- Sentra data 1.488 3.544 Data centre -
40.086 41.475
Beban berkaitan dengan sewa jangka Expenses relating to short term leases
pendek (kurang dari 12 bulan) 23.037 13.795 (less than 12 months)
227.473 228.074
Penambahan dan pengurangan aset hak- Additions and deductions of the Bank’s right-
guna Bank pada tanggal 31 Desember 2025 dan of-use assets as of December 31, 2025 and
2024 terutama terdiri dari bangunan dan 2024 mainly consists of premises and motor
kendaraan bermotor yang digunakan untuk vehicle used for the Bank’s operational
aktivitas operasional Bank. activities.
16. ASET TIDAK BERWUJUD 16. INTANGIBLE ASSETS
Aset tidak berwujud terdiri dari perangkat lunak dan Intangible assets consist of computer software and
goodwill. goodwill.
31 Desember/December 31
2025 2024
Perangkat lunak - neto 341.512 359.233 Computer software - net
Goodwill 7.128 7.128 Goodwill
348.640 366.361
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 831
137
Page 834
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TIDAK BERWUJUD (lanjutan) 16. INTANGIBLE ASSETS (continued)
a. Perangkat lunak a. Computer software
31 Desember/December 31, 2025
Koreksi
translasi/
1 Januari/ Penambahan/ Pengurangan/ Translation 31 Desember/
14000000_02 January 1 Additions Disposals adjustment December 31
Perangkat lunak Computer software
Biaya perolehan 1.496.991 114.263 (44.012) (292) 1.566.950 At cost
Akumulasi amortisasi (1.137.758) (126.401) 38.438 283 (1.225.438) Accumulated amortization
Nilai buku neto 359.233 341.512 Net book value
31 Desember/December 31, 2024
Koreksi
translasi/
1 Januari/ Penambahan/ Pengurangan/ Translation 31 Desember/
14000000_02 January 1 Additions Disposals adjustment December 31
Perangkat lunak Computer software
Biaya perolehan 1.377.463 129.052 (9.833) 309 1.496.991 At cost
Akumulasi amortisasi (1.020.967) (116.830) 327 (288) (1.137.758) Accumulated amortization
Nilai buku neto 356.496 359.233 Net book value
Penambahan dan pengurangan aset tidak Additions and deductions of the Bank’s
berwujud Bank pada tanggal 31 Desember intangible assets as of December 31, 2025 and
2025 dan 2024 terutama terdiri dari perangkat 2024, mainly consists of software and licenses
lunak dan lisensi yang digunakan untuk used for the Bank and subsidiaries operational
aktivitas operasional Bank dan entitas anak. activities.
b. Goodwill b. Goodwill
Goodwill timbul dari akumulasi pembelian Goodwill arose from the accumulated
50,03% dari jumlah saham yang dikeluarkan purchase of 50.03% of the issued shares of the
oleh entitas anak PT Wahana Ottomitra subsidiary PT Wahana Ottomitra Multiartha Tbk
Multiartha Tbk (WOM) (Catatan 1b). (WOM) (Note 1b).
Sebelum tanggal 1 Januari 2011, goodwill yang Before January 1, 2011, goodwill from the
timbul dari akuisisi WOM sebesar Rp235.067 acquisition of WOM amounted to Rp235,067
diamortisasi menggunakan metode garis lurus, was amortized using straight line method, with
dengan pertimbangan atas estimasi manfaat consideration of the estimated economic
ekonomis atas goodwill tersebut. Efektif tanggal value of the goodwill. Starting January 1, 2011,
1 Januari 2011, sesuai PSAK 103 (Revisi 2009): according to SFAS 103 (Revision 2009): Business
Kombinasi Bisnis, goodwill tidak diamortisasi Combination, goodwill was not amortized
tetapi diuji penurunan nilai setiap tahunnya. anymore, but subject to impairment
Bank secara berkala melakukan evaluasi assessment annually. Bank periodically
terhadap penurunan nilai goodwill tersebut evaluates the goodwill impairment based on
sesuai PSAK 236: Penurunan Nilai Aset. SFAS 236: Impairment of Assets.
Goodwill sejumlah Rp7.128 merupakan hasil Goodwill amounting to Rp7,128 resulted from
bersih akumulasi amortisasi goodwill yang telah the net accumulated amortization of goodwill
dihentikan per tanggal 1 Januari 2011 sesuai which has been ceased as of January 1, 2011 in
dengan Ketentuan Transisi PSAK 103: Kombinasi accordance to the Transition Rule SFAS 103:
Bisnis. Business Combinations.
Manajemen berpendapat tidak terdapat Management believes that there were no
indikasi penurunan nilai atas aset tidak indications of impairment in the value of
berwujud yang dimiliki Bank. intangible assets which are owned by the Bank.
832 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
138
Page 835
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. BEBAN DIBAYAR DI MUKA DAN ASET LAIN-LAIN 17. PREPAYMENTS AND OTHER ASSETS
31 Desember/December 31
2025 2024
Tagihan penyelesaian penjualan efek-efek 1.198.066 29.612 Receivables from settlement of securities
Piutang bunga - neto 1.190.842 1.047.538 Interests receivable - net
Tagihan lainnya - neto 994.316 1.203.545 Other receivables - net
Agunan yang diambil alih - neto 704.558 781.806 Foreclosed assets - net
Uang muka pembelian Advanced payment for computer
software komputer 502.605 291.318 software purchase
Setoran jaminan 471.723 57.844 Guarantee deposits
Beban dibayar dimuka 362.927 307.682 Prepayments
Uang muka pembelian aset tetap Advances payment for fixed assets
dan renovasi gedung 355.017 356.293 purchase and building renovation
Beban ditangguhkan kredit 330.509 288.288 Deferred expense on loans
Beban ditangguhkan simpanan nasabah 85.030 83.080 Deferred expense on customer deposits
Properti terbengkalai - neto 47.110 20.088 Abandoned properties - net
Tagihan card center dan Mastercard 17.160 24.075 Card center receivables and Mastercard
Keanggotaan golf 16.335 15.587 Golf membership
Bea materai 10.710 12.118 Custom fees
Lain-lain - neto 108.885 116.107 Others - net
6.395.793 4.634.981
Pada tanggal 31 Desember 2025 dan 2024, beban As of December 31, 2025 and 2024, prepayments
dibayar di muka dan aset lain-lain dengan pihak and other assets with related parties which is
berelasi yang berasal dari tagihan lainnya - neto derived from other receivables - net is amounted
adalah masing-masing sebesar Rp438.294 dan to Rp Rp438,294 and Rp146,128, respectively
Rp146.128 (Catatan 44). (Note 44).
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in Note 53.
pada Catatan 53.
Tagihan lainnya - neto termasuk pembayaran atas Other receivables - net including payment of tax
pemeriksaan pajak yang masih dalam proses audit which are still in objection or appeal
keberatan atau banding (Catatan 24) dan setoran processes (Note 24) and margin deposit for
margin atas transaksi derivatif. derivative transaction.
Agunan yang diambil alih terutama terdiri dari tanah, Foreclosed assets are mainly comprised of land,
bangunan dan kendaraan bermotor. building and motor vehicle.
Beban dibayar di muka terutama terdiri dari pajak Prepayments are mainly comprised of prepaid tax,
dibayar di muka, pemeliharaan aset tetap dan fixed assets maintenances and software
pemeliharaan perangkat lunak. maintenances.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 833
139
Page 836
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. BEBAN DIBAYAR DI MUKA DAN ASET LAIN-LAIN 17. PREPAYMENTS AND OTHER ASSETS (continued)
(lanjutan)
Properti terbengkalai - neto adalah aset tetap yang Abandoned properties - net are fixed assets held by
dimiliki Bank tetapi tidak digunakan untuk kegiatan the Bank but not used for its customary banking
usaha bank yang lazim. business.
Lain-lain - neto terutama terdiri dari tagihan transaksi Others - net are mainly comprised of receivables in
perbankan. relation to banking transactions.
Cadangan kerugian untuk properti terbengkalai untuk Allowance for possible losses on abandoned
tahun yang berakhir pada tanggal properties for the year ended December 31, 2025
31 Desember 2025 dan 2024 masing-masing adalah and 2024 amounted to Rp1,968.
sebesar Rp1.968.
Perubahan cadangan kerugian untuk agunan yang The changes in the allowance for possible losses on
diambil alih adalah sebagai berikut: foreclosed assets are as follows:
31 Desember/December 31
2025 2024
Saldo awal 171.933 165.294 Beginning balance
Penyisihan selama Provision during
tahun berjalan (Catatan 39) 21.201 18.263 the year (Note 39)
Penghapusan selama
tahun berjalan (20.598) (11.624) Write-off during the year
Saldo akhir 172.536 171.933 Ending balance
Perubahan cadangan kerugian penurunan nilai The changes in the allowance for impairment
untuk tagihan lainnya adalah sebagai berikut: losses on other receivables were as follows:
31 Desember/December 31
2025 2024
Saldo awal 79.658 85.115 Beginning balance
Penyisihan selama Provision during
tahun berjalan (Catatan 38) 11.128 1.947 the year (Note 38)
Penghapusan selama tahun
berjalan (1.154) (8.177) Write-off during the year
Selisih akibat perbedaan kurs 604 773 Exchange rate differences
Saldo akhir 90.236 79.658 Ending balance
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for possible
kerugian dan cadangan kerugian penurunan nilai losses and the allowance for impairment losses are
telah memadai. adequate.
140
834 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 837
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
18. LIABILITAS SEGERA 18. OBLIGATIONS DUE IMMEDIATELY
31 Desember/December 31
2025 2024
Rupiah Rupiah
Liabilitas penyelesaian penjualan efek-efek 1.173.617 22.907 Payable for settlement of securities
Utang dealer 163.968 165.768 Payables to dealers
Liabilitas terkait simpanan nasabah 151.712 30.099 Liabilities related to customers' deposits
Liabilitas pembelian aset tetap Liabilities related to purchase of fixed assets
dan perangkat lunak 143.046 200.936 and software
Pemindahbukuan transaksi ATM 133.111 144.485 Transfer for ATM transactions
Liabilitas penyelesaian transaksi Settlement liabilities for credit card
kartu kredit dan travel cheque 109.512 98.297 and travel cheque transactions
Titipan asuransi konsumen 80.632 109.967 Insurance advances from customers
Liabilitas terkait kredit yang diberikan 26.416 48.678 Liabilities related to loan
Liabilitas terkait transaksi syariah 14.425 10.066 Liabilities related to sharia transactions
Utang notaris dan pihak ketiga 14.098 16.284 Payables to notary and third parties
Titipan konsumen 13.115 12.771 Consumer advances
Liabilitas penyelesaian transaksi ATM 9.937 6.959 Settlement liabilities for ATM transactions
Liabilitas premi asuransi nasabah 1.884 1.834 Liabilities related to customers' insurance premium
Liabilitas terkait Letter of Credit 9 - Liabilities related to Letter of Credit
Liabilitas perbankan lainnya 123.195 158.420 Other banking liabilities
Sub-jumlah - Rupiah 2.158.677 1.027.471 Sub-total - Rupiah
Mata uang asing Foreign currencies
Liabilitas terkait simpanan nasabah 107.572 3.404 Liabilities related to customers' deposits
Liabilitas terkait Letter of Credit 17.417 14.523 Liabilities related to Letter of Credit
Liabilitas pembelian aset tetap Liabilities related to purchase of fixed assets
dan perangkat lunak 10.095 14.141 and software
Liabilitas terkait kredit yang diberikan 2.564 1.960 Liabilities related to loan
Liabilitas penyelesaian surat berharga 2.327 - Payable for settlement of securities
Liabilitas terkait transaksi syariah 3 - Liabilities related to sharia transactions
Liabilitas perbankan lainnya 17.399 9.076 Other banking liabilities
Sub-jumlah - Mata uang asing 157.377 43.104 Sub-total - Foreign currencies
Jumlah 2.316.054 1.070.575 Total
Pada tanggal 31 Desember 2025 dan 2024 terdapat As of December 31, 2025 and 2024, there were
transaksi dengan pihak berelasi masing-masing transactions with related parties amounted to
adalah sebesar Rp409 dan Rp1.014 (Catatan 44). Rp409 and Rp1,014, respectively (Note 44).
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in Note 53.
pada Catatan 53.
Liabilitas penyelesaian penjualan efek-efek Payable for settlement of securities represent
merupakan transaksi yang terkait dengan amounts due to counterparties in relation to
kewajiban pada pihak ketiga yang terjadi dari securities purchase transactions that were
transaksi pembelian Surat Berharga oleh bank. outstanding as of the reporting date.
Utang dealer merupakan utang sehubungan Payables to dealers are in connection with
dengan transaksi pembelian kendaraan bermotor purchases of vehicles by the subsidiaries for
oleh entitas anak untuk pembiayaan konsumen. consumer financing.
Liabilitas terkait simpanan nasabah merupakan Liabilities related to customers' deposits are related
transaksi yang terkait dengan kewajiban to liabilities on the savings and time of deposits.
sehubungan dengan tabungan dan deposito.
Liabilitas pembelian aset tetap dan perangkat Liabilities related to purchase of assets and
lunak merupakan kewajiban sehubungan dengan software consist of liabilities related with the
pengadaan aset tetap dan software. procurement of fixed assets and software.
141
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 835
Page 838
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
18. LIABILITAS SEGERA (lanjutan) 18. OBLIGATIONS DUE IMMEDIATELY (continued)
Pemindahbukuan transaksi ATM terutama terdiri Transfer for ATM transaction mainly consist of
dari kewajiban sehubungan dengan adanya liabilities related to withdrawal and transfer
transaksi penarikan tunai dan pemindahbukuan transactions done by customers using other Bank's
yang dilakukan oleh nasabah Bank menggunakan ATM machine and ATM Bersama (including ATM
mesin ATM milik bank lain dan ATM Bersama Prima and ATM Xlink).
(termasuk ATM Prima dan ATM Xlink).
Liabilitas penyelesaian transaksi kartu kredit dan Settlement liabilities for credit card and travel
travel cheque terutama terdiri dari liabilitas kepada cheque transactions mainly consist of payables to
merchant kartu kredit yang belum diselesaikan dan credit card merchants and outstanding travel
travel cheque yang masih beredar. cheques.
Titipan asuransi konsumen merupakan titipan Insurance advances from customers represent
premi asuransi dari konsumen entitas anak untuk insurance premium received from subsidiaries’
dibayarkan ke perusahaan asuransi sehubungan customers to be paid to insurance companies in
dengan transaksi pembiayaan konsumen. relation to consumer financing transactions.
Liabilitas terkait kredit yang diberikan merupakan Liabilities related to loan consist of other
transaksi lainnya yang terkait dengan kewajiban transaction related to obligation of loan (including
pada bagian kredit (termasuk premi asuransi yang insurance premium paid by debtors that have not
dibayar oleh debitur yang belum disetor pada been deposited to the insurance company).
perusahaan asuransi).
Liabiltas terkait transaksi syariah merupakan Liabilities related to sharia transactions are related
transaksi yang terkait dengan pembiayaan syariah to sharia financing transactions and payment of
dan pembayaran dana sosial atau denda oleh social funds or fines by customers (Ta’Widh).
nasabah (Ta’Widh).
Utang notaris dan pihak ketiga merupakan Payables to notary and third parties are related to
transaksi yang terkait dengan pemakaian jasa the use of notary services and procurement of
notaris dan pengadaan barang atau jasa. goods or services.
Titipan konsumen merupakan utang yang timbul Consumers’ advances represent payables in
sehubungan dengan penerimaan angsuran dari connection with the installment payment from
konsumen dan penerimaan penjualan agunan customers and cash received from sales of
yang diambil alih yang belum diselesaikan. foreclosed assets that have not been settled.
Liabilitas penyelesaian transaksi ATM terutama Settlement liabilities for ATM transaction mainly
terdiri dari kewajiban pada bank lain terkait dengan consist of liabilities to other Banks related to card
penyelesaian transaksi kartu menggunakan mesin transactions settlement using EDC machine
EDC melalui jaringan Prima dan ALTO. through Prima and ALTO network.
Liabilitas premi asuransi nasabah merupakan Liabilities of customers' insurance premium are in
transaksi sehubungan dengan pembayaran premi connection with the payment of customers'
asuransi oleh nasabah. insurance.
Liabilitas terkait Letter of Credit merupakan Liabilities related to Letter of Credit are in
transaksi yang terkait dengan kewajiban produk connection with liabilities to Letter of Credit product.
Letter of Credit.
Liabilitas perbankan lainnya terutama terdiri dari Other banking liabilities mainly consist of
transaksi yang masih dalam proses dan liabilitas transactions, which are still in process and other
segera lainnya. obligations due immediately.
836 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
142
Page 839
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. SIMPANAN NASABAH 19. DEPOSITS FROM CUSTOMERS
31 Desember/December 31
2025 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
Giro 255.235 280.192 Demand deposits
Tabungan 54.856 34.093 Savings deposits
Deposito berjangka 76.883 90.013 Time deposits
386.974 404.298
Pihak ketiga Third parties
Giro 44.088.523 39.319.637 Demand deposits
Tabungan 22.471.929 23.268.245 Savings deposits
Deposito berjangka 49.246.670 56.011.711 Time deposits
115.807.122 118.599.593
116.194.096 119.003.891
Informasi mengenai transaksi dengan pihak Information on related parties and maturities are
berelasi dan jatuh tempo diungkapkan masing- disclosed in Notes 44 and 53, respectively.
masing pada Catatan 44 dan 53.
a. Giro a. Demand deposits
31 Desember/December 31
2025 2024
Pihak berelasi Related parties
Rupiah 158.564 273.550 Rupiah
Mata uang asing 96.671 6.642 Foreign currencies
255.235 280.192
Pihak ketiga Third parties
Rupiah 30.947.601 27.161.987 Rupiah
Mata uang asing 13.140.922 12.157.650 Foreign currencies
44.088.523 39.319.637
44.343.758 39.599.829
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 837
143
Page 840
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. SIMPANAN NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
a. Giro (lanjutan) a. Demand deposits (continued)
Tingkat bunga rata-rata per tahun: Average interest rates per annum:
31 December/December 31
2025 2024
Rupiah 3,61% 3,30% Rupiah
Mata uang asing 2,47% 2,49% Foreign currencies
Saldo giro yang diblokir atau dijadikan jaminan Total demand deposits which are blocked or
kredit pada 31 Desember 2025 adalah sebesar under lien as of December 31, 2025 amounted
Rp2.824.260 (31 Desember 2024: Rp1.890.474). to Rp2,824,260 (December 31, 2024:
Rp1,890,474).
Pada 31 Desember 2025, jumlah giro Wadiah As of December 31, 2025, total Wadiah demand
yang dikelola oleh unit Syariah Bank untuk deposits managed by the Bank’s Sharia unit in
Rupiah dan mata uang asing masing-masing Rupiah and foreign currencies amounted to
sebesar Rp1.745.658 dan Rp35.542 Rp1,745,658 and Rp35,542 (December 31, 2024:
(31 Desember 2024: Rp1.154.997 dan Rp73.854) Rp1,154,997 and Rp73,854) and for Mudharabah
dan giro Mudharabah masing-masing sebesar demand deposit amounted to Rp7,252,027 and
Rp7.252.027 dan Rp1.760.727 (31 Desember 2024: Rp1,760,727 (December 31, 2024: Rp6,043,649
Rp6.043.649 dan Rp2.216.504). and Rp2,216,504), respectively.
b. Tabungan b. Savings deposits
(i) Berdasarkan mata uang dan pihak (i) By currency and related party:
berelasi:
31 Desember/December 31
2025 2024
Pihak berelasi Related parties
Rupiah 52.397 30.235 Rupiah
Mata uang asing 2.459 3.858 Foreign currencies
54.856 34.093
Pihak ketiga Third parties
Rupiah 19.505.786 20.470.456 Rupiah
Mata uang asing 2.966.143 2.797.789 Foreign currencies
22.471.929 23.268.245
22.526.785 23.302.338
838 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
144
Page 841
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. SIMPANAN NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
b. Tabungan (lanjutan) b. Savings deposits (continued)
(ii) Berdasarkan jenis: (ii) By type:
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pendidikan 131.466 216.745 Education
Syariah 9.975.782 10.289.303 Sharia
Lain-lain 9.450.935 9.994.643 Others
19.558.183 20.500.691
Mata uang asing Foreign currencies
Pendidikan 1.813 3.528 Education
Syariah 575.156 460.102 Sharia
Lain-lain 2.391.633 2.338.017 Others
2.968.602 2.801.647
22.526.785 23.302.338
(iii) Tingkat bunga rata-rata per tahun: (iii) Average interest rates per annum:
31 December/December 31
2025 2024
Rupiah 1,03% 1,31% Rupiah
Mata uang asing 0,72% 0,42% Foreign currencies
Saldo tabungan yang diblokir atau dijadikan Total savings deposits which are blocked or
jaminan kredit pada 31 Desember 2025 adalah under lien as of December 31, 2025 amounted
sebesar Rp8.366 (31 Desember 2024: Rp2.128). to Rp8,366 (December 31, 2024: Rp2,128).
Pada 31 Desember 2025, jumlah tabungan As of December 31, 2025, total Mudharabah
Mudharabah yang dikelola oleh unit Syariah savings deposits managed by the Bank’s
Bank untuk Rupiah dan mata uang asing Sharia unit in Rupiah and foreign currencies
masing-masing sebesar Rp9.834.622 dan amounted to Rp9,834,622 and Rp571,591
Rp571.591 (31 Desember 2024: Rp10.170.910 dan (December 31, 2024: Rp10,170,910 and
Rp456.983) dan tabungan Wadiah masing- Rp456,983) and for Wadiah savings deposit
masing sebesar Rp141.160 dan Rp3.565 amounted to Rp141,160 and Rp3,565
(31 Desember 2024: Rp118.393 dan Rp3.119). (December 31, 2024: Rp118,393 and Rp3,119),
respectively.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 839
145
Page 842
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. SIMPANAN NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
c. Deposito berjangka c. Time deposits
(i) Berdasarkan mata uang dan pihak (i) By currency and related party:
berelasi:
31 Desember/December 31
2025 2024
Pihak berelasi Related parties
Rupiah 55.967 71.145 Rupiah
Mata uang asing 20.916 18.868 Foreign currencies
76.883 90.013
Pihak ketiga Third parties
Rupiah 37.809.671 43.163.897 Rupiah
Mata uang asing 11.436.999 12.847.814 Foreign currencies
49.246.670 56.011.711
49.323.553 56.101.724
(ii) Berdasarkan periode deposito berjangka: (ii) Based on period of time deposits:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 17.319.528 15.451.593 ≤ 1 month
> 1 bulan - 3 bulan 12.377.810 15.351.435 > 1 month - 3 months
> 3 bulan - 6 bulan 3.771.545 7.792.693 > 3 months - 6 months
> 6 bulan - 12 bulan 4.383.792 4.613.705 > 6 months - 12 months
> 12 bulan 12.963 25.616 > 12 months
37.865.638 43.235.042
Mata uang asing Foreign currencies
≤ 1 bulan 6.296.658 5.034.766 ≤ 1 month
> 1 bulan - 3 bulan 2.415.728 3.876.704 > 1 month - 3 months
> 3 bulan - 6 bulan 1.639.877 2.331.056 > 3 months - 6 months
> 6 bulan - 12 bulan 1.075.809 1.620.283 > 6 months - 12 months
> 12 bulan 29.843 3.873 > 12 months
11.457.915 12.866.682
49.323.553 56.101.724
840 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
146
Page 843
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. SIMPANAN NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
c. Deposito berjangka (lanjutan) c. Time deposits (continued)
(iii) Berdasarkan sisa umur sampai dengan (iii) Based on remaining period until maturity:
saat jatuh tempo:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 22.872.892 21.009.018 ≤ 1 month
> 1 bulan - 3 bulan 10.146.450 14.666.689 > 1 month - 3 months
> 3 bulan - 6 bulan 2.154.772 4.847.321 > 3 months - 6 months
> 6 bulan - 12 bulan 2.690.621 2.688.254 > 6 months - 12 months
> 12 bulan 903 23.760 > 12 months
37.865.638 43.235.042
Mata uang asing Foreign currencies
≤ 1 bulan 7.339.924 6.644.741 ≤ 1 month
> 1 bulan - 3 bulan 2.751.755 3.824.676 > 1 month - 3 months
> 3 bulan - 6 bulan 957.416 1.504.004 > 3 months - 6 months
> 6 bulan - 12 bulan 378.977 891.335 > 6 months - 12 months
> 12 bulan 29.843 1.926 > 12 months
11.457.915 12.866.682
49.323.553 56.101.724
(iv) Tingkat bunga rata-rata per tahun: (iv) Average interest rates per annum:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 2,64% 3,43% ≤ 1 month
> 1 bulan - 3 bulan 3,27% 4,39% > 1 month - 3 months
> 3 bulan - 6 bulan 3,51% 4,56% > 3 months - 6 months
> 6 bulan - 12 bulan 3,36% 4,11% > 6 months - 12 months
> 12 bulan 3,25% 3,55% > 12 months
Mata uang asing Foreign currencies
≤ 1 bulan 0,97% 1,39% ≤ 1 month
> 1 bulan - 3 bulan 1,82% 1,97% > 1 month - 3 months
> 3 bulan - 6 bulan 1,75% 2,30% > 3 months - 6 months
> 6 bulan - 12 bulan 2,10% 2,59% > 6 months - 12 months
> 12 bulan 5,23% 2,38% > 12 months
Saldo deposito berjangka yang diblokir Total time deposits which are blocked or under
atau dijadikan jaminan kredit pada lien as of December 31, 2025 amounted to
31 Desember 2025 adalah sebesar Rp6.235.404 Rp6,235,404 (December 31, 2024: Rp6,684,289).
(31 Desember 2024: Rp6.684.289).
Pada 31 Desember 2025, jumlah deposito As of December 31, 2025, total Mudharabah
Mudharabah yang dikelola oleh unit Syariah time deposits managed by the Bank’s Sharia
Bank dalam Rupiah dan mata uang asing unit in Rupiah and foreign currencies
adalah masing-masing sebesar Rp9.116.091 amounted to Rp9,116,091 and Rp2,489,943
dan Rp2.489.943 (31 Desember 2024: (December 31, 2024: Rp13,754,031 and
Rp13.754.031 dan Rp2.791.250). Rp2,791,250), respectively.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 841
147
Page 844
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. SIMPANAN DARI BANK LAIN 20. DEPOSITS FROM OTHER BANKS
31 Desember/December 31
2025 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
Giro 1.609.617 1.949.263 Demand deposits
Call money 1.000.500 965.700 Call money
2.610.117 2.914.963
Pihak ketiga Third parties
Giro 817.432 658.332 Demand deposits
Tabungan 12.258 11.674 Saving deposits
Deposito berjangka 444.890 478.293 Time deposits
Call money 5.245.000 1.956.995 Call money
6.519.580 3.105.294
9.129.697 6.020.257
Informasi mengenai transaksi dengan pihak Information on related parties and maturities are
berelasi dan jatuh tempo diungkapkan masing- disclosed in Notes 44 and 53, respectively.
masing pada Catatan 44 dan 53.
a. Giro dari bank lain a. Demand deposits from other banks
31 Desember/December 31
2025 2024
Pihak berelasi Related parties
Rupiah 553.217 945.792 Rupiah
Mata uang asing 1.056.400 1.003.471 Foreign currencies
1.609.617 1.949.263
Pihak ketiga Third parties
Rupiah 717.576 584.520 Rupiah
Mata uang asing 99.856 73.812 Foreign currencies
817.432 658.332
2.427.049 2.607.595
Pada Tanggal 31 Desember 2025, jumlah giro As of December 31, 2025, total Wadiah demand
Wadiah yang dikelola oleh unit Syariah Bank deposits managed by the Bank’s Sharia unit in
untuk Rupiah dan mata uang asing masing- Rupiah and foreign currencies amounted to
masing sebesar Rp2.113 dan RpNihil Rp2,113 and RpNil (December 31, 2024: Rp2,172
(31 Desember 2024: Rp2.172 dan RpNihil) dan and RpNil) and for Mudharabah demand
giro Mudharabah untuk Rupiah dan mata asing deposit in Rupiah and foreign currencies
adalah Rp11.425 dan Rp9.702 (31 Desember amounted to Rp11,425 and Rp9,702 (December
2024: Rp1.862 dan Rp8.868). 31, 2024: to Rp1,862 and Rp8,868), respectively.
842 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
148
Page 845
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
a. Giro dari bank lain (lanjutan) a. Demand deposits from other banks
(continued)
Tingkat bunga rata-rata per tahun: Average interest rates per annum:
31 Desember/December 31
2025 2024
Rupiah 1,53% 1,65% Rupiah
Mata uang asing 1,71% 1,68% Foreign currencies
Tidak ada saldo giro dari bank lain yang There were no demand deposits from other
diblokir atau dijadikan jaminan kredit pada banks which were blocked or held under lien as
31 Desember 2025 dan 2024. of December 31, 2025 and 2024.
b. Tabungan dari bank lain b. Saving deposits from other banks
(i) Berdasarkan mata uang dan pihak (i) By currency and related party:
berelasi:
31 Desember/December 31
2025 2024
Pihak ketiga Third parties
Rupiah 12.258 11.674 Rupiah
(ii) Berdasarkan jenis: (ii) By type:
31 Desember/December 31
2025 2024
Rupiah Rupiah
Lainnya 12.258 11.674 Others
(iii) Tingkat bunga rata-rata per tahun: (iii) Average interest rates per annum:
31 December/December 31
2025 2024
Rupiah 2,80% 2,82% Rupiah
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 843
149
Page 846
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
c. Deposito berjangka dari bank lain c. Time deposits from other banks
(i) Berdasarkan mata uang dan pihak (i) By currency and related party:
berelasi:
31 Desember/December 31
2025 2024
Pihak ketiga Third parties
Rupiah 62.778 253.462 Rupiah
Mata uang asing 382.112 224.831 Foreign currencies
444.890 478.293
(ii) Berdasarkan periode deposito berjangka: (ii) Based on period of time deposits:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 45.528 170.729 ≤ 1 month
> 1 bulan - 3 bulan - 35.000 > 1 month - 3 months
> 3 bulan - 6 bulan 2.500 2.500 > 3 months - 6 months
> 6 bulan - 12 bulan 14.750 45.233 > 6 months - 12 months
62.778 253.462
Mata uang asing Foreign currencies
> 3 bulan - 6 bulan 328.317 - > 3 months - 6 months
> 6 bulan - 12 bulan 16.695 224.831 > 6 months - 12 months
> 12 bulan 37.100 - > 12 months
382.112 224.831
444.890 478.293
844 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
150
Page 847
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
c. Deposito berjangka dari bank lain (lanjutan) c. Time deposits from other banks (continued)
(iii) Berdasarkan sisa umur sampai dengan (iii) Based on the remaining period until
saat jatuh tempo: maturity:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 45.528 155.627 ≤ 1 month
> 1 bulan - 3 bulan - 58.271 > 1 month - 3 months
> 3 bulan - 6 bulan 12.500 12.500 > 3 months - 6 months
> 6 bulan - 12 bulan 4.750 27.064 > 6 months - 12 months
62.778 253.462
Mata uang asing Foreign currencies
≤ 1 bulan 27.825 - ≤ 1 month
> 1 bulan - 3 bulan 9.275 - > 1 month - 3 months
> 3 bulan - 6 bulan 328.317 - > 3 months - 6 months
> 6 bulan - 12 bulan 16.695 224.831 > 6 months - 12 months
382.112 224.831
444.890 478.293
(iv) Tingkat bunga rata-rata per tahun: (iv) Average interest rates per annum:
31 December/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 3,06% 4,26% ≤ 1 month
> 1 bulan - 3 bulan - 4,50% > 1 month - 3 months
> 3 bulan - 6 bulan 3,75% 4,00% > 3 months - 6 months
> 6 bulan - 12 bulan 3,67% 3,14% > 6 months - 12 months
Mata uang asing Foreign currencies
> 3 bulan - 6 bulan 5,16% - > 3 months - 6 months
> 6 bulan - 12 bulan 6,80% 3,00% > 6 months - 12 months
> 12 bulan 6,90% - > 12 months
Tidak ada saldo deposito berjangka dari bank There were no time deposits from other
lain yang diblokir atau dijadikan jaminan kredit banks which are blocked or under lien as of
pada 31 Desember 2025 dan 2024. December 31, 2025 and 2024.
Pada 31 Desember 2025 dan 2024, jumlah As of December 31, 2025 and 2024, total
deposito Mudharabah yang dikelola oleh unit Mudharabah time deposits managed by the
Syariah Bank mempunyai nilai masing-masing Bank’s Sharia unit amounted to Rp24,900 and
sebesar Rp24.900 dan Rp58.660. Rp58,660, respectively.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 845
151
Page 848
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
d. Call money d. Call money
(i) Berdasarkan mata uang dan pihak berelasi: (i) Based on currency and related party:
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak ketiga Third parties
PT Bank Pan Indonesia Tbk 1.500.000 - PT Bank Pan Indonesia Tbk
Bank Negara Malaysia 600.000 - Bank Negara Malaysia
PT Bank Sinarmas Tbk 570.000 200.000 PT Bank Sinarmas Tbk
PT Bank Mega Tbk 500.000 - PT Bank Mega Tbk
PT BPD DIY 475.000 175.000 PT BPD DIY
PT Bank Mizuho Indonesia 300.000 - PT Bank Mizuho Indonesia
PT BPD Bali 200.000 - PT BPD Bali
PT BPD Jawa Tengah 200.000 400.000 PT BPD Jawa Tengah
The Bank of Tokyo-Mitsubishi, Ltd 150.000 150.000 The Bank of Tokyo-Mitsubishi, Ltd
PT Bank DKI 100.000 200.000 PT Bank DKI
PT Bank Amar Indonesia 100.000 - PT Bank Amar Indonesia
PT Bank Ganesha Tbk 100.000 - PT Bank Ganesha Tbk
PT Bank SBI Indonesia 100.000 - PT Bank SBI Indonesia
PT Bank Artha Graha Internasional Tbk 100.000 - PT Bank Artha Graha Internasional Tbk
Bank of China 80.000 75.000 Bank of China
PT Bank Mestika Dharma 70.000 - PT Bank Mestika Dharma
PT Bank Central Asia Tbk 50.000 - PT Bank Central Asia Tbk
PT Bank Multiarta Sentosa 50.000 60.000 PT Bank Multiarta Sentosa
Citibank N.A. - 225.000 Citibank N.A.
PT Bank Rakyat Indonesia Tbk - 175.000 PT Bank Rakyat Indonesia Tbk
PT Bank Hibank Indonesia - 150.000 PT Bank Hibank Indonesia
PT Bank SMBC Indonesia Tbk - 100.000 PT Bank SMBC Indonesia Tbk
Sub jumlah - Rupiah 5.245.000 1.910.000 Sub total - Rupiah
Mata uang asing Foreign currencies
Pihak berelasi Related parties
Malayan Banking Berhad 1.000.500 965.700 Malayan Banking Berhad
Pihak ketiga Third parties
South Indian Bank Ltd - 46.995 South Indian Bank Ltd
Sub jumlah - Mata uang asing 1.000.500 1.012.695 Sub total - Foreign currencies
6.245.500 2.922.695
846 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
152
Page 849
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
d. Call money (lanjutan) d. Call money (continued)
(ii) Berdasarkan periode call money: (ii) By period of call money:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 3.745.000 1.910.000 ≤ 1 month
> 1 bulan - 3 bulan 1.500.000 - > 1 month - 3 months
5.245.000 1.910.000
Mata uang asing Foreign currencies
> 1 bulan - 3 bulan 1.000.500 1.012.695 > 1 month - 3 months
6.245.500 2.922.695
(iii) Berdasarkan sisa umur sampai dengan (iii) Based on remaining period until maturity:
saat jatuh tempo:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 3.745.000 1.910.000 ≤ 1 month
> 1 bulan - 3 bulan 1.500.000 - > 1 month - 3 months
5.245.000 1.910.000
Mata uang asing Foreign currencies
≤ 1 bulan - 965.700 ≤ 1 month
> 1 bulan - 3 bulan 1.000.500 46.995 > 1 month - 3 months
1.000.500 1.012.695
6.245.500 2.922.695
(iv) Tingkat bunga rata-rata per tahun: (iv) Average interest rate per annum:
31 December/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan 5,35% 6,43% ≤ 1 month
> 1 bulan - 3 bulan 4,95% - > 1 month - 3 months
Mata uang asing Foreign currencies
≤>1 1bulan
bulan - 3 bulan 5,63% 7,27% > 1 month - 3 months
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 847
153
Page 850
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. EFEK-EFEK YANG DIJUAL DENGAN JANJI DIBELI 21. SECURITIES SOLD UNDER REPURCHASED
KEMBALI AGREEMENTS
31 December/December 31, 2025
Suku bunga Nilai pembelian Beban bunga yang
Tanggal jatuh per tahun/ Nilai jual/ kembali/ belum diamortisasi/
Nasabah/ Jenis efek-efek/ Nilai nominal/ Tanggal dimulai/ tempo/ Interest rate Sale Purchase Unamortized Nilai tercatat/
Counterparty Type of securities Nominal amount Starting date Due date per annum amount amount interest Carrying value
Pihak ketiga/Third parties
Rupiah/Rupiah
Obligasi Pemerintah FR96/ 29 Desember/ 5 Januari/
Bank Indonesia Government Bonds FR96 850.000 December 29, 2025 January 5, 2026 4,85% 852.219 853.022 (459) 852.563
Obligasi Pemerintah FR108/ 29 Desember/ 12 Januari/
PT Bank DKI Government Bonds FR108 350.000 December 29, 2025 January 12, 2026 4,85% 338.587 339.227 (501) 338.726
Obligasi Pemerintah FR73/ 19 Desember/ 2 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR73 100.000 December 19, 2025 January 2, 2026 4,80% 106.638 106.836 (14) 106.822
Obligasi Pemerintah FR90/ 22 Desember/ 5 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR90 100.000 December 22, 2025 January 5, 2026 4,80% 96.122 96.302 (51) 96.251
Obligasi Pemerintah FR59/ 23 Desember/ 6 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR59 50.000 December 23, 2025 January 6, 2026 4,80% 49.191 49.283 (33) 49.250
Obligasi Pemerintah FR90/ 30 Desember/ 13 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR90 100.000 December 30, 2025 January 13, 2026 4,82% 96.257 96.438 (155) 96.283
Obligasi Pemerintah FR80/ 31 Desember/ 14 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR80 25.000 December 31, 2025 January 14, 2026 4,87% 25.642 25.691 (45) 25.646
Obligasi Pemerintah FR73/ 19 Desember/ 2 Januari/
PT Bank Danamon Tbk Government Bonds FR73 50.000 December 19, 2025 January 2, 2026 4,80% 53.319 53.418 (7) 53.411
Obligasi Pemerintah FR68/ 22 Desember/ 5 Januari/
PT Bank Mandiri Tbk Government Bonds FR68 50.000 December 22, 2025 January 5, 2026 4,77% 54.437 54.538 (29) 54.509
Obligasi Pemerintah FR103/ 15 Desember/ 12 Januari/
PT Bank Mega Tbk Government Bonds FR103 150.000 December 15, 2025 January 12, 2026 4,80% 149.410 149.967 (219) 149.748
Obligasi Pemerintah FR90/ 19 Desember/ 2 Januari/
PT Bank Mega Tbk Government Bonds FR90 250.000 December 19, 2025 January 2, 2026 4,80% 240.147 240.595 (32) 240.563
Obligasi Pemerintah FR90/ 23 Desember/ 6 Januari/
PT Bank Mega Tbk Government Bonds FR90 150.000 December 23, 2025 January 6, 2026 4,85% 144.207 144.479 (97) 144.382
Obligasi Pemerintah FR75/ 29 Desember/ 12 Januari/
PT Bank Mega Tbk Government Bonds FR75 500.000 December 29, 2025 January 12, 2026 4,85% 515.480 516.452 (764) 515.688
Obligasi Pemerintah FR75/ 29 Desember/ 12 Januari/
PT Bank Negara Indonesia Tbk Government Bonds FR75 20.000 December 29, 2025 January 12, 2026 4,82% 20.619 20.658 (31) 20.627
Obligasi Pemerintah FR59/ 23 Desember/ 6 Januari/
PT Bank Tabungan Negara Tbk Government Bonds FR59 100.000 December 23, 2025 January 6, 2026 4,75% 98.382 98.564 (65) 98.499
Obligasi Pemerintah FR59/ 24 Desember/ 7 Januari/
PT Bank Tabungan Negara Tbk Government Bonds FR59 20.000 December 24, 2025 January 7, 2026 4,75% 19.678 19.714 (15) 19.699
Obligasi Pemerintah FR68/ 31 Desember/ 14 Januari/
PT BPD Jawa Timur Tbk Government Bonds FR68 400.000 December 31, 2025 January 14, 2026 4,87% 437.692 438.520 (768) 437.752
Obligasi Pemerintah FR109/ 30 Desember/ 30 Januari/
PT Pan Indonesia Bank Tbk Government Bonds FR109 1.000.000 December 30, 2025 January 30, 2026 4,90% 958.212 962.254 (3.782) 958.472
Obligasi Pemerintah FR80/ 31 Desember/ 14 Januari/
PT Pan Indonesia Bank Tbk Government Bonds FR80 950.000 December 31, 2025 January 14, 2026 4,85% 974.413 976.252 (1.707) 974.545
Obligasi Pemerintah FR109/ 1 Desember/ 15 Januari/
J.P. Morgan Chase Bank Government Bonds FR109 500.000 December 1, 2025 January 15, 2026 4,80% 471.410 474.114 (880) 473.234
Obligasi Pemerintah FR109/ 4 Desember/ 20 Januari/
J.P. Morgan Chase Bank Government Bonds FR109 500.000 December 4, 2025 January 20, 2026 4,80% 475.790 478.518 (1.206) 477.312
Obligasi Pemerintah FR87/ 29 Desember/ 19 Januari/
Bank National Nobu Government Bonds FR87 500.000 December 29, 2025 January 19, 2026 4,95% 491.076 492.494 (1.214) 491.280
Obligasi Pemerintah FR100/ 29 Desember/ 19 Januari/
Bank National Nobu Government Bonds FR100 500.000 December 29, 2025 January 19, 2026 4,95% 490.366 491.782 (1.214) 490.568
Obligasi Pemerintah FR103/ 19 Desember/ 2 Januari/
Bank Jtrust Indonesia Government Bonds FR103 500.000 December 19, 2025 January 2, 2026 4,80% 499.435 500.368 (67) 500.301
Obligasi Pemerintah FR90/ 30 Desember/ 6 Januari/
Bank Jtrust Indonesia Government Bonds FR90 200.000 December 30, 2025 January 6, 2026 4,75% 192.514 192.692 (127) 192.565
Jumlah/Total 7.915.000 7.851.243 7.872.178 (13.482) 7.858.696
848 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
154
Page 851
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. EFEK-EFEK YANG DIJUAL DENGAN JANJI DIBELI 21. SECURITIES SOLD UNDER REPURCHASED
KEMBALI (lanjutan) AGREEMENTS (continued)
31 Desember/December 31, 2024
Suku bunga Nilai pembelian Beban bunga yang
Tanggal jatuh per tahun/ Nilai jual/ kembali/ belum diamortisasi/
Nasabah/ Jenis efek-efek/ Nilai nominal/ Tanggal dimulai/ tempo/ Interest rate Sale Purchase Unamortized Nilai tercatat/
Counterparty Type of securities Nominal amount Starting date Due date per annum amount amount interest Carrying value
Pihak ketiga/Third parties
Rupiah/Rupiah
Sekuritas Rupiah Bank Indonesia/ 19 Desember/ 2 Januari/
Bank Indonesia Bank Indonesia Rupiah Securities 250.000 December 19, 2024 January 2, 2025 6,40% 242.008 242.610 (43) 242.567
Sekuritas Rupiah Bank Indonesia/ 27 Desember/ 3 Januari/
Bank Indonesia Bank Indonesia Rupiah Securities 2.900.000 December 27, 2024 January 3, 2025 6,25% 2.825.644 2.829.078 (981) 2.828.097
Sekuritas Rupiah Bank Indonesia/ 31 Desember/ 7 Januari/
Bank Indonesia Bank Indonesia Rupiah Securities 2.600.000 December 31, 2024 January 7, 2025 6,25% 2.520.718 2.523.783 (2.625) 2.521.158
Obligasi Pemerintah FR80/ 31 Desember/ 7 Januari/
Bank Indonesia Government Bonds FR80 900.000 December 31, 2024 January 7, 2025 6,25% 860.559 861.605 (896) 860.709
Sekuritas Rupiah Bank Indonesia/ 30 Desember/ 6 Januari/
Bank Indonesia Bank Indonesia Rupiah Securities 2.500.000 December 30, 2024 January 6, 2025 6,25% 2.474.695 2.477.703 (2.149) 2.475.554
Obligasi Pemerintah FR59/ 30 Desember/ 6 Januari/
Bank Indonesia Government Bonds FR59 430.000 December 30, 2024 January 6, 2025 6,25% 411.799 412.299 (357) 411.942
Sekuritas Rupiah Bank Indonesia/ 30 Desember/ 13 Januari/
Bank Indonesia Bank Indonesia Rupiah Securities 400.000 December 30, 2024 January 13, 2025 6,40% 387.561 388.525 (827) 387.698
Obligasi Pemerintah FR84/ 18 Desember/ 2 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR84 10.000 December 18, 2024 January 2, 2025 6,45% 9.795 9.822 (2) 9.820
Obligasi Pemerintah FR91/ 31 Desember/ 14 Januari/
PT Bank SMBC Indonesia Tbk Government Bonds FR91 20.000 December 31, 2024 January 14, 2025 6,45% 18.053 18.098 (42) 18.056
Obligasi Pemerintah FR90/ 18 Desember/ 2 Januari/
PT Bank Central Asia Tbk Government Bonds FR90 100.000 December 18, 2024 January 2, 2025 6,45% 92.205 92.453 (17) 92.436
Obligasi Pemerintah FR96/ 19 Desember/ 2 Januari/
PT Bank Danamon Indonesia Tbk Government Bonds FR96 250.000 December 19, 2024 January 2, 2025 6,45% 236.182 236.774 (42) 236.732
Obligasi Pemerintah FR90/ 30 Desember/ 13 Januari/
PT Bank Danamon Indonesia Tbk Government Bonds FR90 200.000 December 30, 2024 January 13, 2025 6,45% 183.910 184.372 (396) 183.976
Obligasi Pemerintah FR96/ 31 Desember/ 14 Januari/
PT Bank Danamon Indonesia Tbk Government Bonds FR96 200.000 December 31, 2024 January 14, 2025 6,45% 189.620 190.096 (442) 189.654
Obligasi Pemerintah FR84/ 5 Desember/ 2 Januari/
PT Bank Mandiri (Persero) Tbk Government Bonds FR84 200.000 December 5, 2024 January 2, 2025 6,55% 196.149 197.148 (36) 197.112
Sekuritas Rupiah Bank Indonesia/ 9 Desember/ 6 Januari/
PT Bank Mandiri (Persero) Tbk Bank Indonesia Rupiah Securities 500.000 December 9, 2024 January 6, 2025 6,55% 482.382 484.840 (439) 484.401
Obligasi Pemerintah FR98/ 12 Desember/ 13 Januari/
PT Bank Mandiri (Persero) Tbk Government Bonds FR98 75.000 December 12, 2024 January 13, 2025 6,55% 72.527 72.949 (158) 72.791
Obligasi Pemerintah FR90/ 16 Desember/ 13 Januari/
PT Bank Mandiri (Persero) Tbk Government Bonds FR90 500.000 December 16, 2024 January 13, 2025 6,55% 459.965 462.308 (1.004) 461.304
Obligasi Pemerintah FR96/ 19 Desember/ 2 Januari/
PT Bank Mandiri (Persero) Tbk Government Bonds FR96 150.000 December 19, 2024 January 2, 2025 6,45% 141.709 142.065 (26) 142.039
Obligasi Pemerintah FR75/ 20 Desember/ 17 Januari/
PT Bank Mandiri (Persero) Tbk Government Bonds FR75 400.000 December 20, 2024 January 17, 2025 6,55% 384.120 386.077 (1.118) 384.959
Obligasi Pemerintah FR90/ 23 Desember/ 20 Januari/
PT Bank Mandiri (Persero) Tbk Government Bonds FR90 150.000 December 23, 2024 January 20, 2025 6,55% 144.102 144.837 (499) 144.338
Obligasi Pemerintah FR90/ 12 Desember/ 9 Januari/
PT Bank Negara Indonesia Tbk Government Bonds FR90 150.000 December 12, 2024 January 9, 2025 6,55% 137.970 138.672 (201) 138.471
Obligasi Pemerintah FR82/ 12 Desember/ 9 Januari/
PT Bank Negara Indonesia Tbk Government Bonds FR82 50.000 December 12, 2024 January 9, 2025 6,55% 47.253 47.494 (69) 47.425
Obligasi Pemerintah FR68/ 24 Desember/ 7 Januari/
PT OCBC NISP Tbk Government Bonds FR68 50.000 December 24, 2024 January 7, 2025 6,50% 51.720 51.851 (56) 51.795
Obligasi Pemerintah FR83/ 27 Desember/ 10 Januari/
PT OCBC NISP Tbk Government Bonds FR83 50.000 December 27, 2024 January 10, 2025 6,50% 48.772 48.895 (79) 48.816
Obligasi Pemerintah FR87/ 30 Desember/ 13 Januari/
PT Bank Permata Tbk Government Bonds FR87 450.000 December 30, 2024 January 13, 2025 6,45% 414.062 415.101 (891) 414.210
Obligasi Pemerintah FR100/ 21 November/ 20 Januari/
J.P. Morgan Chase Bank Government Bonds FR100 500.000 November 21, 2024 January 20, 2025 6,10% 462.823 467.450 (1.490) 465.960
Obligasi Pemerintah FR101/ 26 November/ 30 Januari/
J.P. Morgan Chase Bank Government Bonds FR101 200.000 November 26, 2024 January 30, 2025 6,10% 192.367 194.485 (945) 193.540
Obligasi Pemerintah FR100/ 5 Desember/ 6 Januari/
J.P. Morgan Chase Bank Government Bonds FR100 350.000 December 5, 2024 January 6, 2025 6,10% 324.497 326.257 (275) 325.982
Obligasi Pemerintah FR101/ 23 Desember/ 6 Januari/
J.P. Morgan Chase Bank Government Bonds FR101 110.000 December 23, 2024 January 6, 2025 6,00% 105.565 105.811 (88) 105.723
Obligasi Pemerintah FR86/ 23 Desember/ 7 Januari/
Bank National Nobu Government Bonds FR86 500.000 December 23, 2024 January 7, 2025 6,60% 471.029 472.324 (518) 471.806
Sekuritas Rupiah Bank Indonesia/ 30 Desember/ 6 Januari/
Bank National Nobu Bank Indonesia Rupiah Securities 200.000 December 30, 2024 January 6, 2025 6,30% 193.947 194.185 (170) 194.015
Jumlah/Total 15.345.000 14.783.708 14.819.967 (16.881) 14.803.086
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 849
155
Page 852
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. EFEK-EFEK YANG DIJUAL DENGAN JANJI DIBELI 21. SECURITIES SOLD UNDER REPURCHASED
KEMBALI (lanjutan) AGREEMENTS (continued)
Pada tanggal 31 Desember 2025 dan 2024 tidak As of December 31, 2025 and 2024, there were no
terdapat transaksi dengan pihak berelasi. transaction with related parties.
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in Note 53.
pada Catatan 53.
Nilai wajar dari efek yang dijual dengan janji dibeli The fair value of securities sold under repurchased
kembali pada tanggal 31 Desember 2025 dan agreements as of December 31, 2025 and 2024
2024 adalah masing-masing sebesar Rp8.306.914 amounted to Rp8,306,914 and Rp14,469,530
dan Rp14.469.530 yang disajikan di Laporan Posisi respectively, which is presented in the Consolidated
Keuangan Konsolidasian sebagai bagian dari Statements of Financial Position as “Financial
“Investasi Keuangan” (Catatan 9). Investment” (Note 9).
22. SURAT BERHARGA YANG DITERBITKAN 22. SECURITIES ISSUED
a. Berdasarkan mata uang dan pihak berelasi a. By currency and related party
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Obligasi MIF - 47.991 Bonds MIF
Obligasi Berkelanjutan Bank Shelf Bonds Bank
Maybank Indonesia - 3.996 Maybank Indonesia
- 51.987
Pihak ketiga Third parties
Obligasi Berkelanjutan WOM 2.375.241 2.116.119 Shelf Bonds WOM
Obligasi MIF 1.197.502 851.154 Bonds MIF
Obligasi Berkelanjutan Bank Shelf Bonds Bank
Maybank Indonesia 399.224 694.490 Maybank Indonesia
3.971.967 3.661.763
3.971.967 3.713.750
850 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
156
Page 853
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
b. Obligasi Berkelanjutan Bank Maybank b. Shelf Bonds Bank Maybank Indonesia
Indonesia
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Obligasi Berkelanjutan IV Shelf Bonds IV Bank Maybank Indonesia
Bank Maybank Indonesia Bank Maybank Indonesia
Tahap I Tahun 2022 Tranche I Year 2022
Seri B - 4.000 Series B
Dikurangi: Beban emisi
obligasi yang belum Less: Unamortized bonds'
diamortisasi - (4) issuance cost
Sub-jumlah nilai tercatat - Pihak berelasi - 3.996 Sub-total carrying amount - Related parties
Pihak ketiga Third parties
Obligasi Berkelanjutan II Shelf Bonds II Bank Maybank Indonesia
Bank Maybank Indonesia Bank Maybank Indonesia
Tahap I Tahun 2017 Tranche I Year 2017
Seri C 100.000 100.000 Series C
Obligasi Berkelanjutan IV Shelf Bonds IV Bank Maybank Indonesia
Bank Maybank Indonesia Bank Maybank Indonesia
Tahap I Tahun 2022 Tranche I Year 2022
Seri B - 296.000 Series B
Seri C 300.000 300.000 Series C
Sub-jumlah nominal - Pihak ketiga 400.000 696.000 Sub-total nominal amount - Third parties
Dikurangi: Beban emisi
obligasi yang belum Less: Unamortized bonds'
diamortisasi (776) (1.510) issuance cost
Sub-jumlah nilai tercatat - Pihak ketiga 399.224 694.490 Sub-total carrying amount - Third parties
Jumlah nilai tercatat 399.224 698.486 Total carrying amount
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 851
157
Page 854
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
b. Obligasi Berkelanjutan Bank Maybank b. Shelf Bonds Bank Maybank Indonesia
Indonesia (lanjutan) (continued)
Rincian nilai nominal surat berharga yang The details of nominal value of securities issued
diterbitkan untuk tahun yang berakhir pada as of December 31, 2025 and 2024, by year of
tanggal 31 Desember 2025 dan 2024 menurut maturity are as follows.
tahun jatuh temponya adalah sebagai berikut.
Peringkat dan
Suku bunga Perusahaan Jangka waktu
per tahun/ Pemeringkat/ Tanggal (bulan)/
Seri/ Interest rate Nominal/ Ratings and Jatuh tempo/ Tenor Jumlah/ Keterangan/
Series per annum Nominal Rating Company Maturity date (in months) Total Description
Obligasi Berkelanjutan II Telah dilunasi sesuai tanggal
Bank Maybank Indonesia Seri A/ 11 Juli/ jatuh tempo/Has been fully
Tahap I Tahun 2017/ Series A 8,00% 435.000 July 11, 2022 60 paid at maturity date
Shelf Bonds II Telah dilunasi sesuai tanggal
Bank Maybank Indonesia Seri B/ idAAA 11 Juli/ jatuh tempo/Has been fully
Tranche I Year 2017 Series B 8,50% 300.000 July 11, 2024 84 835.000 paid at maturity date
(Pefindo)
Seri C/ 11 Juli/ Belum jatuh tempo/
Series C 8,65% 100.000 July 11, 2027 120 Not yet mature
Obligasi Berkelanjutan IV Telah dilunasi sesuai tanggal
Bank Maybank Indonesia Seri A/ 18 Juli/ 370 hari/ jatuh tempo/Has been fully
Tahap I Tahun 2022/ Series A 3,80% 400.000 July 18, 2023 days paid at maturity date
Shelf Bonds IV Telah dilunasi sesuai tanggal
idAAA
Bank Maybank Indonesia Seri B/ 8 Juli/ jatuh tempo/Has been fully
1.000.000
Tranche I Year 2022 Series B 6,25% 300.000 (Pefindo) July 8, 2025 36 paid at maturity date
Seri C/ 8 Juli/ Belum jatuh tempo/
Series C 6,80% 300.000 July 8, 2027 60 Not yet mature
Bunga Obligasi dibayarkan setiap triwulan (tiga The Bonds payable interest is paid on a
bulan) sejak tanggal emisi dan jadwal quarterly basis (three-month) starting from the
pembayaran bunga untuk tahun yang berakhir issuance date and the interest payment
pada tanggal 31 Desember 2025 dan 2024 schedule for the Year Ended December 31, 2025
adalah sebagai berikut: and 2024 are as follow:
Nama/ Seri/ Keterangan/
Name Series Description
11 Oktober/October 11, 2017
A
11 Juli/July 11, 2022
Obligasi Berkelanjutan II Bank Maybank Indonesia Tahap I Tahun 2017/ Shelf Bonds II 11 Oktober/October 11, 2017
B
Bank Maybank Indonesia Tranche I Year 2017 11 Juli/July 11, 2024
11 Oktober/October 11, 2017
C
11 Juli/July 11, 2027
8 Oktober/October 8, 2022
A
18 Juli/July 18, 2023
Obligasi Berkelanjutan IV Bank Maybank Indonesia Tahap I Tahun 2022/ Shelf Bonds 8 Oktober/October 8, 2022
B
IV Bank Maybank Indonesia Tranche I Year 2022 8 Juli/July 8, 2025
8 Oktober/October 8, 2022
C
8 Juli/July 8, 2027
852 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
158
Page 855
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
b. Obligasi Berkelanjutan Bank Maybank b. Shelf Bonds Bank Maybank Indonesia
Indonesia (lanjutan) (continued)
Obligasi-obligasi tersebut tidak dijamin The bonds are not guaranteed with specific
dengan jaminan khusus, tetapi dijamin dengan guarantee, but guaranteed with all assets of the
seluruh harta kekayaan Bank baik barang Bank, whether present or future fixed or non-
bergerak maupun barang tidak bergerak fixed assets in accordance with the provisions
sesuai dengan ketentuan dalam pasal 1131 dan of Article 1131 and 1132 of the Civil Laws.
1132 Kitab Undang-Undang Hukum Perdata.
Selama berlakunya jangka waktu obligasi dan During the validity period of the bonds and prior
sebelum dilunasinya semua pokok dan bunga to the redemption of all principal and interest of
obligasi, Bank berjanji dan mengikatkan diri, the bonds, the Bank represents and binds itself,
tanpa persetujuan tertulis dari Wali Amanat without written approval from the Trustee shall
tidak akan melakukan hal-hal sebagai berikut: not perform the following actions: (i) securing
(i) mengagunkan sebagian maupun seluruh part or all of the income or asset of the Bank
pendapatan atau harta kekayaan Bank yang that exist in the present or in the future, other
ada pada saat ini maupun di masa yang akan than for the Bank’s business activity; (ii)
datang, di luar kegiatan usaha Bank; (ii) changing the main business activity; (iii)
melaksanakan perubahan bidang usaha reducing the authorized capital and paid up
utama; (iii) mengurangi modal dasar dan capital, unless such reduction is conducted
modal disetor, kecuali jika pengurangan based on request or instruction from the
tersebut dilakukan atas dasar permintaan atau government of the Republic of Indonesia
perintah dari Pemerintah Republik Indonesia and/or competent authority (including but not
dan/atau otoritas yang berwenang (termasuk limited to Bank Indonesia, Minister of Finance of
tetapi tidak terbatas pada Bank Indonesia, the Republic of Indonesia and/or monetary
Menteri Keuangan Negara Republik Indonesia authority or remedial authority in the banking
dan/atau otoritas moneter maupun otoritas sector in accordance with the prevailing
penyehatan di bidang perbankan sesuai regulation); (iv) conducting merger,
dengan ketentuan yang berlaku); (iv) consolidation, acquisition with other company
mengadakan penggabungan, konsolidasi, which led to the dissolution of the Bank.
akuisisi dengan perusahaan lain yang
menyebabkan bubarnya Bank.
Satu tahun setelah tanggal penjatahan, Bank One year after the allotment date, the Bank may
dapat melakukan pembelian kembali (buy repurchase (buy back) the bonds partially or
back) untuk sebagian atau seluruh obligasi fully prior to due date of the bonds principal.
sebelum tanggal pelunasan pokok obligasi. The Bank has the right to treat the repurchase
Bank mempunyai hak untuk memberlakukan (buy back) to be used as the bonds redemption
pembelian kembali (buy back) tersebut untuk or to be subsequently sold at market price
dipergunakan sebagai pelunasan obligasi atau following the provisions of Trustee Agreements
untuk kemudian dijual kembali dengan harga and prevailing regulation.
pasar dengan memperhatikan ketentuan
dalam Perjanjian Perwaliamanatan dan
peraturan perundang-undangan yang
berlaku.
Penerimaan dana dari penerbitan obligasi ini The fund received from the bonds issuance was
digunakan untuk meningkatkan aset produktif used to increase earning assets to support
dalam rangka pengembangan usaha Bank, business growth of the Bank, mainly to be
terutama untuk penyaluran kredit. channeled in loans (credit).
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 853
159
Page 856
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
c. Obligasi Berkelanjutan WOM c. Shelf Bonds WOM
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak ketiga Third parties
Obligasi Berkelanjutan IV Shelf Bonds IV
WOM Finance WOM Finance
Tahap II Tahun 2022 Tranche II Year 2022
Seri B - 435.000 Series B
Obligasi Berkelanjutan IV Shelf Bonds IV
WOM Finance WOM Finance
Tahap III Tahun 2023 Tranche III Year 2023
Seri B 779.000 685.000 Series B
Obligasi Berkelanjutan V Shelf Bonds V
WOM Finance WOM Finance
Tahap I Tahun 2024 Tranche I Year 2024
Seri A - 880.445 Series A
Seri B 119.555 119.555 Series B
Obligasi Berkelanjutan V Shelf Bonds V
WOM Finance WOM Finance
Tahap II Tahun 2025 Tranche II Year 2025
Seri A 595.000 - Series A
Seri B 885.000 - Series B
Sub-jumlah nominal 2.378.555 2.120.000 Sub-total nominal amount
Dikurangi: Beban emisi
obligasi yang belum Less: Unamortized bonds'
diamortisasi (3.314) (3.881) issuance cost
Jumlah nilai tercatat 2.375.241 2.116.119 Total carrying amount
854 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
160
Page 857
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
c. Obligasi Berkelanjutan WOM (lanjutan) c. Shelf Bonds WOM(lanjutan)
Rincian nilai nominal surat berharga yang The details of nominal value of securities issued
diterbitkan untuk tahun yang berakhir pada as of December 31, 2025 and 2024, by year of
tanggal 31 Desember 2025 dan 2024 menurut maturity are as follows:
tahun jatuh temponya adalah sebagai berikut:
Peringkat dan
Suku bunga Perusahaan Jangka waktu
per tahun/ Pemeringkat/ Tanggal (bulan)/
Seri/ Interest rate Nominal/ Ratings and Jatuh tempo/ Tenor Jumlah/ Keterangan/
Series per annum Nominal Rating Company Maturity date (in months) Total Description
Obligasi Berkelanjutan IV Telah dilunasi sesuai tanggal
WOM Finance Seri A/ 18 April/ 370 hari/ jatuh tempo/Has been fully
Tahap II Tahun 2022/ Series A 4,25% 335.000 April 18, 2023 days paid at maturity date
AA (idn)
Shelf Bonds IV 800.000 Telah dilunasi sesuai tanggal
Fitch Ratings
WOM Finance Seri B/ 8 April/ jatuh tempo/Has been fully
Tranche II Year 2022 Series B 6,30% 465.000 April 8, 2025 36 paid at maturity date
Obligasi Berkelanjutan IV Telah dilunasi sesuai tanggal
WOM Finance Seri A/ 21 April/ 370 hari/ jatuh tempo/Has been fully
Tahap III Tahun 2023/ Series A 5,95% 221.000 April 21, 2024 days paid at maturity date
AAA (idn)
Shelf Bonds IV 1.000.000
Fitch Ratings
WOM Finance Seri B/ 11 April/ Belum jatuh tempo/
Tranche III Year 2023 Series B 7,00% 779.000 April 11, 2026 36 Not yet mature
Obligasi Berkelanjutan V Telah dilunasi sesuai tanggal
WOM Finance Seri A/ 12 Juli/ 370 hari/ jatuh tempo/Has been fully
Tahap I Tahun 2024/ Series A 6,75% 880.445 AAA (idn) July 12, 2025 days paid at maturity date
Shelf Bonds V Pefindo 1.000.000
WOM Finance Seri B/ 2 Juli/ Belum jatuh tempo/
Tranche I Year 2024 Series B 6,95% 119.555 July 2, 2027 36 Not yet mature
Obligasi Berkelanjutan V
WOM Finance Seri A/ 4 July/ 370 hari/ Belum jatuh tempo/
Tahap II Tahun 2025/ Series A 6,45% 595.000 July 4, 2026 days Not yet mature
AAA (idn)
Shelf Bonds V Pefindo 1.500.000
WOM Finance Seri B/ 24 Juni/ Belum jatuh tempo/
Tranche II Year 2025 Series B 6,85% 905.000 June 24, 2028 36 Not yet mature
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 855
161
Page 858
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
c. Obligasi Berkelanjutan WOM (lanjutan) b. Shelf Bonds WOM (continued)
Bunga Obligasi dibayarkan setiap triwulan (tiga The Bonds payable interest is paid on a
bulan) sejak tanggal emisi dan jadwal quarterly basis (three-month) starting from the
pembayaran bunga untuk tahun yang berakhir issuance date and the interest payment
pada tanggal 31 Desember 2025 dan 2024 schedule for the Year Ended December 31, 2025
adalah sebagai berikut: and 2024 are as follow:
Nama/ Seri/ Keterangan/
Name Series Description
8 Juli/July 8, 2022
Obligasi Berkelanjutan IV WOM Finance Tahap II Tahun 2022/ A 18 April/April 18, 2023
Shelf Bonds IV WOM Finance Tranche II Year 2022
8 Juli/July 8, 2022
B
8 April/April 8, 2025
11 Juli/July 11, 2023
A
Obligasi Berkelanjutan IV WOM Finance Tahap III Tahun 2023/ 21 April/April 21, 2024
Shelf Bonds IV WOM Finance Tranche III Year 2023 11 Juli/July 11, 2023
B 11 April/April 11, 2026
2 Oktober/October 2, 2024
A
Obligasi Berkelanjutan V WOM Finance Tahap I Tahun 2024/ 12 Juli/July 12, 2025
Shelf Bonds V WOM Finance Tranche I Year 2024 2 Oktober/October 2, 2024
B
2 Juli/July 2, 2027
24 September/September 24, 2025
A
Obligasi Berkelanjutan V WOM Finance Tahap II Tahun 2025/ 4 Juli/July 4, 2026
Shelf Bonds V WOM Finance Tranche II Year 2025 24 September/September 24, 2025
B
24 Juni/June 24, 2028
Obligasi Berkelanjutan IV tahap II dan III ini These Shelf Bonds IV Tranche II and IIII are
dijamin secara fidusia dengan piutang entitas secured by the fiduciary transfers of the
anak kepada pihak ketiga sehubungan subsidiary's current receivables from third
dengan pembiayaan pembelian kendaraan parties in connection with the financing of the
bermotor dengan kategori lancar yang nilai purchases of motor vehicles with an aggregate
seluruhnya tidak kurang dari 60,00% dari amount of not less than 60.00% of the principal
jumlah pokok yang terutang. amount of bonds payable.
Obligasi Berkelanjutan V tahap I dan II Shelf Bonds V tranche I and II are secured on a
diterbitkan secara clean basis. clean basis.
856 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
162
Page 859
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
c. Obligasi Berkelanjutan WOM (lanjutan) c. Shelf Bonds WOM (continued)
Sebelum dilunasinya semua pokok dan bunga Prior to the redemption of the entire Bonds WOM
Obligasi WOM serta pengeluaran lain yang principal and payments of the interest and
menjadi tanggung jawab entitas anak other charges which are the responsibility of the
sehubungan dengan penerbitan Obligasi WOM, subsidiary in connection with the issuance of
entitas anak tanpa persetujuan tertulis dari the Bonds WOM, the subsidiary, without written
Wali Amanat tidak diperkenankan melakukan consent of the Trustee shall not undertake,
penggabungan atau peleburan usaha yang among others, merger or business combination,
akan mempunyai akibat yang negatif terhadap which will have a negative effect to the
entitas anak, melakukan peminjaman utang subsidiary, obtain new loans which have more
baru yang memiliki kedudukan lebih tinggi dari priority position than those arising from the
kedudukan utang yang timbul berdasarkan Bonds WOM, except loans obtained to finance
Obligasi WOM, kecuali pinjaman untuk the subsidiary’s business, declare or pay
pembiayaan usaha entitas anak, menyatakan dividends as long as the subsidiary failed in
atau membayar pembagian dividen selama servicing the loans based on the Trusteeship
entitas anak lalai dalam melakukan Agreement, change the main business of the
pembayaran jumlah terutang berdasarkan subsidiary and pledge any of the present or
Perjanjian Perwaliamanatan, mengubah future assets including the rights on the
bidang usaha utama dan menjaminkan aset subsidiary’s revenues which became the
termasuk hak atas pendapatan entitas anak, collateral based on the Trusteeship Agreement
baik yang ada sekarang maupun yang akan and Indebtedness Agreement. The subsidiary
diperoleh di masa yang akan datang yang has complied with the covenants in those
menjadi jaminan berdasarkan Perjanjian agreements.
Perwaliamanatan dan Akta Pengakuan Utang.
Entitas anak telah memenuhi batasan-
batasan yang diwajibkan dalam perjanjian
tersebut.
Satu tahun setelah tanggal penjatahan, entitas One year after the allotment date, the
anak dapat melakukan pembelian kembali subsidiary may repurchase (buy back) the
(buy back) untuk sebagian atau seluruh bonds partially or fully prior to due date of the
obligasi sebelum tanggal pelunasan pokok bonds principal. The Subsidiary has the right to
obligasi. Entitas anak mempunyai hak untuk treat the repurchase (buy back) to be used as
memberlakukan pembelian kembali (buy the bonds redemption or to be subsequently
back) tersebut untuk dipergunakan sebagai sold at market price following the provisions of
pelunasan obligasi atau untuk kemudian dijual Trusteeship Agreements and prevailing
kembali dengan harga pasar dengan regulation.
memperhatikan ketentuan dalam Perjanjian
Perwaliamanatan dan peraturan perundang-
undangan yang berlaku.
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, the loans
kredit yang diberikan dan and sharia receivables/financing and
piutang/pembiayaan syariah dan piutang consumer financing receivables pledged as
pembiayaan konsumen yang digunakan collateral on recourse basis to the Bonds WOM
sebagai jaminan atas Obligasi WOM adalah were amounted Rp467,400 and Rp746,401,
masing-masing sebesar Rp467.400 dan respectively.
Rp746.401.
Penggunaan dana dari penerbitan obligasi The funds received from the issuance of WOM’s
WOM digunakan untuk meningkatkan dan bonds were used to increase and develop the
mengembangkan usaha entitas anak. subsidiary's business.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 857
163
Page 860
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
d. Obligasi MIF d. Bonds MIF
31 Desember/December 31
2025 2024
Rupiah Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Obligasi Berkelanjutan III Shelf Bonds III
Maybank Finance Tahap II Maybank Finance Tranche II
Tahun 2022 dengan Year 2022 with Fixed
Tingkat Bunga Tetap - 48.000 Interest Rates
Dikurangi: Beban emisi Less: Unamortized bonds'
obligasi yang belum diamortisasi - (9) issuance cost
Sub-jumlah nilai tercatat - Pihak berelasi - 47.991 Sub-total carrying amount - Related parties
Pihak ketiga Third parties
Obligasi Berkelanjutan III Shelf Bonds III
Maybank Finance Tahap II Maybank Finance Tranche II
Tahun 2022 dengan Year 2022 with Fixed
Tingkat Bunga Tetap - 752.000 Interest Rates
Obligasi Berkelanjutan IV Shelf Bonds IV
Maybank Finance Tahap I Maybank Finance Tranche I
Tahun 2024 dengan Year 2024 with Fixed
Tingkat Bunga Tetap - 100.000 Interest Rates
Obligasi Berkelanjutan IV Shelf Bonds IV
Maybank Finance Tahap II Maybank Finance Tranche II
Tahun 2025 dengan Year 2025 with Fixed
Tingkat Bunga Tetap Interest Rates
Seri A 100.000 - Series A
Seri B 850.000 - Series B
Seri C 250.000 - Series C
Sub-jumlah nominal - Pihak ketiga 1.200.000 852.000 Sub-total nominal amount - Third parties
Dikurangi: Beban emisi Less: Unamortized bonds'
obligasi yang belum diamortisasi (2.498) (846) issuance cost
Sub-jumlah nilai tercatat - Pihak ketiga 1.197.502 851.154 Sub-total carrying amount - Third parties
Jumlah nilai tercatat 1.197.502 899.145 Total carrying amount
858 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
164
Page 861
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
d. Obligasi MIF (lanjutan) d. Bonds MIF (continued)
Rincian nilai nominal surat berharga yang The details of nominal value of securities issued
diterbitkan untuk tahun yang berakhir pada as of December 31, 2025 and 2024, by year of
tanggal 31 Desember 2025 dan 2024 menurut maturity are as follows.
tahun jatuh temponya adalah sebagai berikut.
Peringkat dan
Suku bunga Perusahaan Jangka waktu
per tahun/ Pemeringkat/ Tanggal (bulan)/
Interest rate Nominal/ Ratings and Jatuh tempo/ Tenor Jumlah/ Keterangan/
per annum Nominal Rating Company Maturity date (in months) Total Description
Obligasi Berkelanjutan III
Maybank Finance
Tahap II Tahun 2022/
Shelf Bonds III Telah dilunasi sesuai tanggal
Maybank Finance AAA (idn) 30 Maret/ jatuh tempo/Has been fully
Tranche II Year 2022 5,80% 800.000 Fitch Ratings March 30, 2025 36 800.000 paid at maturity date
Obligasi Berkelanjutan IV
Maybank Finance
Tahap I Tahun 2024/
Shelf Bonds IV Telah dilunasi sesuai tanggal
Maybank Finance AAA (idn) 15 Juli/ 370 hari/ jatuh tempo/Has been fully
Tranche I Year 2024 6,70% 100.000 Fitch Ratings July 15, 2025 days 100.000 paid at maturity date
Obligasi Berkelanjutan IV
Maybank Finance Seri A/ 6 Desember/ 370 hari/ Belum jatuh tempo/
Tahap II Tahun 2025/ Series A 5,00% 100.000 December 6, 2026 days Not yet mature
Shelf Bonds IV
Maybank Finance Seri B/ AAA (idn) 26 November/ Belum jatuh tempo/
1.250.000
Tranche II Year 2025 Series B Pefindo November 26, 2028 36 Not yet mature
5,55% 900.000
Seri C/ 26 November/ Belum jatuh tempo/
Series C 5,85% 250.000 November 26, 2030 60 Not yet mature
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 859
165
Page 862
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
d. Obligasi MIF (lanjutan) d. Bonds MIF (continued)
Bunga Obligasi dibayarkan setiap triwulan The Bonds payable interest is paid on a
(tiga bulan) sejak tanggal emisi dan jadwal quarterly basis (three-month) starting from the
pembayaran bunga untuk tahun yang berakhir issuance date and the interest payment
pada tanggal 31 Desember 2025 dan 2024 schedule for the Year Ended December 31, 2025
adalah sebagai berikut: and 2024 are as follow:
Nama/ Keterangan/
Name Description
Obligasi Berkelanjutan III Maybank Finance Tahap II Tahun 2022/ 30 Juni/June 30, 2022
Shelf Bonds III Maybank Finance Tranche II Year 2022 30 Maret/March 30, 2025
Obligasi Berkelanjutan IV Maybank Finance Tahap I Tahun 2024/ 5 Oktober/October 5, 2024
Shelf Bonds IV Maybank Finance Tranche I Year 2024 15 Juli/July 15, 2025
Seri A/ 27 Februari/February 27, 2026
Series A 6 Desember/December 6, 2026
Obligasi Berkelanjutan IV Maybank Finance Tahap II Tahun 2025/ Seri B/ 27 Februari/February 27, 2026
Shelf Bonds IV Maybank Finance Tranche II Year 2025 Series B 26 November/November 26, 2028
Seri C/ 27 Februari/February 27, 2026
Series C 26 November/November 26, 2030
Obligasi Berkelanjutan III Maybank Finance Shelf Bonds III Maybank Finance
Tahap II ini dijamin dengan piutang berupa Tranche II is secured by consumer financing
piutang pembiayaan konsumen atau sewa receivables or leasing and/or other
guna usaha dan/atau piutang lain yang timbul receivables related to business activities of the
sehubungan dengan kegiatan usaha yang subsidiary which have not yet matured or do
dilakukan entitas anak yang belum jatuh not have payment delinquency which are
tempo atau tidak tertunggak pembayarannya more than 90 (ninety) calendar days after the
melewati jangka waktu 90 (sembilan puluh) latest payment matured. Secured value Shelf
hari kalender setelah angsuran terakhir jatuh Bonds III Maybank Finance Tranche II must be
tempo. Nilai jaminan untuk Obligasi 50.00% of the principal amount of the Bonds at
berkelanjutan III Maybank Finance Tahap II the minimum.
adalah sekurang-kurangnya 50,00% dari pokok
obligasi.
Obligasi Berkelanjutan IV Maybank Finance Shelf Bonds IV Maybank Finance Tranche I and
Tahap I dan II diterbitkan secara clean basis. II are secured on a clean basis.
860 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
166
Page 863
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
d. Obligasi MIF (lanjutan) d. Bonds MIF (continued)
Sebelum melunasi semua pokok dan bunga Prior to the redemption of entire principal and
obligasi serta pengeluaran lain yang menjadi interest of bonds and other charges which are
tanggung jawab entitas anak sehubungan the responsibility of the subsidiary in
dengan penerbitan obligasi, entitas anak, connection with the issuance of the bonds, the
tanpa persetujuan tertulis dari Wali Amanat, subsidiary, without written consent of the
tidak diperkenankan melakukan tindakan- Trustee, shall not undertake, among others
tindakan, antara lain melakukan mergers or business combinations which will
penggabungan atau peleburan usaha yang have negative effect to the subsidiary;
akan mempunyai akibat yang negatif conduct other payment in the year when the
terhadap entitas anak; melakukan subsidiary does not pay liable amount; provide
pembayaran lain pada tahun buku selama loan to affiliation party more than 30.00% of the
entitas anak tidak melakukan pembayaran subsidiary’s equity; change main business of
jumlah terutang; memberi pinjaman kepada the subsidiary; decrease authorized capital
pihak afiliasi lebih dari 30,00% ekuitas entitas and/or issued capital and/or paid up capital of
anak; mengubah bidang usaha utama entitas the subsidiary; enter into cooperation causing
anak; melakukan penurunan modal dasar the subsidiary to be controlled by the other
dan/atau modal ditempatkan dan/atau modal party; transfer the subsidiary’s assets with
disetor entitas anak; mengadakan segala transaction value more than 40.00% of equity,
bentuk kerjasama yang mengakibatkan except any receivables transfer related to
entitas anak diatur oleh pihak lain; normal course of business; and perform
mengalihkan harta kekayaan entitas anak issuance of bonds or other similar instruments
dengan nilai transaksi melebihi 40,00% dari with higher preference collateral ratio.
ekuitas, kecuali pengalihan piutang dalam
rangka menjalankan kegiatan usahanya
sehari-hari; dan melakukan pengeluaran
obligasi atau instrumen lain yang sejenis
dengan jaminan preferen yang memiliki rasio
jaminan lebih tinggi.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 861
167
Page 864
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SURAT BERHARGA YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
d. Obligasi MIF (lanjutan) d. Bonds MIF (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024 the consumer
piutang pembiayaan konsumen yang financing receivables pledged as collateral on
digunakan sebagai jaminan atas Obligasi MIF recourse basis to the Bonds MIF amounted to
adalah masing-masing sebesar RpNihil dan RpNil and Rp397,557, respectively.
Rp397.557.
Penggunaan dana yang diperoleh dari hasil The fund acquired from the public offering, after
penawaran umum ini, setelah dikurangi deducting issuance cost, will be used by the
dengan biaya-biaya emisi, akan dipergunakan subsidiary as working capital for financing in
sepenuhnya oleh entitas anak, sebagai modal accordance with the subsidiary’s license under
kerja pembiayaan sebagaimana yang the prevailing provisions and regulations.
ditentukan oleh izin yang dimiliki entitas anak
berdasarkan ketentuan dan perundang-
undangan yang berlaku.
e. Lain-lain e. Others
Selama tahun 2025 dan 2024, Bank dan entitas During the year 2025 and 2024, the Bank and
anak telah memenuhi ketentuan tentang subsidiaries have fulfilled the clauses related to
pembatasan-pembatasan dan kewajiban- covenants and obligations according to the
kewajiban sebagaimana disepakati dalam Bonds Trustee Agreements in Notes 22b, 22c
Perjanjian Perwaliamanatan dalam Catatan and 22d.
22b, 22c dan 22d.
Bank dan entitas anak, telah melunasi pokok Bank and the subsidiaries have paid the
dan bunga obligasi secara tepat waktu. principal and interest of the bonds on time.
Obligasi-obligasi ini dicatat di Bursa Efek The bonds are listed on the Indonesia Stock
Indonesia. Exchange.
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in
pada Catatan 53. Note 53.
862 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
168
Page 865
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA 23. BORROWINGS
31 Desember/December 31
2025 2024
Pihak ketiga Third parties
Rupiah Rupiah
Fasilitas Pembiayaan Pemilikan Motor Vehicle Ownership
Kendaraan Bermotor 5.420.573 5.149.494 Financing Facilities
Pinjaman antar bank 3.734.207 1.000.000 Interbank borrowing
Pinjaman dari Sarana Loans received from Sarana
Multigriya Finansial (Persero) 600.000 600.000 Multigriya Finansial (Persero)
Sertifikat Pengelolaan Dana Certificate of Interbank
Syariah Antarbank 201.502 - Syariah fund
Sub-jumlah - Rupiah 9.956.282 6.749.494 Sub-total - Rupiah
Mata uang asing Foreign currencies
Pinjaman antar bank 4.085.375 7.677.315 Interbank borrowing
14.041.657 14.426.809
Informasi mengenai jatuh tempo diungkapkan Information on maturities are disclosed in Note 53.
pada Catatan 53.
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak Financing Facilities
Entitas anak (WOM) Subsidiary (WOM)
Suku bunga per tahun/ Jumlah pinjaman/ Pembayaran angsuran/
Interest rate per annum Loan amount Payment of installment
31 Desember/December 31 31 Desember/December 31 31 Desember/December 31
2025 2024 2025 2024 2025 2024
Pinjaman bank/Bank loans
Pihak ketiga/Third parties
PT Bank Pan Indonesia Tbk 6,75% - 7,25% 6,75% - 7,40% 770.586 630.497 659.477 515.980
PT Bank Danamon Indonesia Tbk 6,00% - 488.447 - 10.417 -
PT Bank Digital BCA 6,83% - 7,25% 6.85% - 7,25% 303.718 299.556 245.833 166.667
PT Bank Mandiri (Persero) Tbk 6,30% - 7,35% 7,00% - 7,35% 215.698 365.386 250.000 480.465
PT Bank DBS Indonesia 6,80% - 7,00% 7,00% 178.882 116.449 87.500 33.333
PT Bank QNB Indonesia 6,85% - 7,15% 6,85% - 7,15% 173.407 162.117 88.889 12.500
PT Bank IBK Indonesia Tbk 6,75% - 7,00% 7,00% 164.255 99.265 84.920 46.825
PT Bank KEB Hana Indonesia 7,00% - 7,25% 6,00% - 7,25% 28.970 206.510 177.773 210.463
PT Bank Maspion Indonesia Tbk 7,00% 7,00% 70.925 169.054 98.333 98.333
PT Bank DKI 7,25% 6,00% - 7,25% 24.990 99.893 75.000 83.333
PT Bank Shinhan Indonesia - 6,00% - 29.152 29.167 50.000
PT Bank DKI Unit Usaha Syariah - 6,00% - 9.810 9.810 13.569
PT Bank Permata Tbk - 6,50% - 2.778 2.778 50.000
PT Bank HSBC Indonesia - 6,30% - - - 200.000
PT Bank HIBank Indonesia - 6,25% - - - 100.000
Jumlah/Total 2.419.878 2.190.467 1.819.897 2.061.468
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 863
169
Page 866
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (WOM) (lanjutan) Subsidiary (WOM) (continued)
31 Desember/December 31, 2025
Jumlah fasilitas yang
Nama bank/ Jenis pinjaman/ Nomor perjanjian/ Tanggal perjanjian/ Jumlah fasilitas/ belum ditarik/ Jatuh tempo fasilitas/
Bank name Loan type Agreement number Agreement date Facility amount Undrawn facility Maturity date facility
Pihak ketiga/Third parties
Pasar Uang/ 27 Mei/
PT Bank Pan Indonesia Tbk Money Market 002/IBD-MM/LEG/19/Per.X May 27, 2025 200.000 200.000 28 Mei/May 28 , 2026
Rekening Koran/ 27 Mei/
PT Bank Pan Indonesia Tbk Overdraft 002/IBD-PRK/LEG/19/Per.X May 27, 2025 50.000 50.000 28 Mei/May 28 , 2026
Pinjaman Tetap/ 4 Desember/
PT Bank Pan Indonesia Tbk Fixed Loan 23 December 4, 2025 800.000 800.000 4 September/September 4, 2029
Kredit Jangka Pendek/ 12 Juni/
PT Bank Mandiri (Persero) Tbk Short Term Loan WCO.KP/302/KJP/2022 June 12, 2025 100.000 100.000 15 Juni/June 15 , 2026
Kredit Modal Kerja/ 26 Maret/
PT Bank KEB Hana Indonesia Working Capital Installment 209 March 26 , 2025 250.000 250.000 26 Maret/March 26 , 2028
Pasar Uang/ 16 Mei/ Masih berlaku sampai informasi lebih
PT Bank HSBC Indonesia Money Market CDT/2020/03/0420 May 16, 2019 200.000 200.000 lanjut/Still valid
Pinjaman Korporasi/ 20 Agustus/
PT Bank Shinhan Indonesia Corporate Loan 06 August 20, 2025 200.000 200.000 20 Agustus/August 20 , 2028
Pinjaman Tetap/ 30 Oktober/
PT Bank Maspion Indonesia Tbk Fixed Loan 83 October 30, 2025 200.000 200.000 30 Oktober/October 30, 2028
Kredit Modal Kerja/ 18 Desember/
PT Bank INA Perdana Tbk Working Capital Installment 37 December 18, 2025 200.000 200.000 18 Desember/December 18, 2028
Kredit Lokal (Rekening Koran)/
Local Credit (Current 14 Januari/
PT Bank Central Asia Tbk Account) 40059/GBK/2026 January 14, 2026 25.000 25.000 20 April/April 20, 2026
31 Desember/December 31 , 2024
Jumlah fasilitas yang
Nama bank/ Jenis pinjaman/ Nomor perjanjian/ Tanggal perjanjian/ Jumlah fasilitas/ belum ditarik/ Jatuh tempo fasilitas/
Bank name Loan type Agreement number Agreement date Facility amount Undrawn facility Maturity date facility
Pihak ketiga/Third parties
Pasar Uang/ 12 Agustus/
PT Bank Pan Indonesia Tbk Money Market 002/IBD-MM/LEG/19/Per.IX August 12, 2024 200.000 200.000 28 Mei/May 28 , 2025
Rekening Koran/ 12 Agustus/
PT Bank Pan Indonesia Tbk Overdraft 002/IBD-PRK/LEG/19/Per.IX August 12, 2024 50.000 50.000 28 Mei/May 28 , 2025
Pinjaman Tetap/ 13 November/
PT Bank Pan Indonesia Tbk Term Loan 08 November 13, 2024 800.000 800.000 13 Mei/May 13 , 2028
Kredit Jangka Pendek/ 13 Juni/
PT Bank Mandiri (Persero) Tbk Short Term Loan WCO.KP/302/KJP/2022 June 13, 2024 100.000 100.000 15 Juni/June 15 , 2025
Kredit Modal Kerja/ 25 September/
PT Bank Mandiri (Persero) Tbk Working Capital Loan 185 September 25 , 2024 500.000 500.000 25 September/September 25 , 2029
Pinjaman Berjangka/ 30 September/
PT DBS Indonesia Term Loan 22 September 30 , 2024 150.000 150.000 30 Maret/March 30 , 2028
Pinjaman Berjangka/ 25 Maret/
PT Bank QNB Indonesia Tbk Term Loan 54 March 25 , 2024 275.000 100.000 17 Desember/December 17 , 2027
Pasar Uang/ 11 Juni/
PT Bank Permata Tbk Money Market 1516/MM/ADD/VI/2024/CG6 June 11 , 2024 200.000 200.000 30 April/April 30 , 2025
Pinjaman Berjangka/ 13 Maret/
PT Bank HIBank Indonesia Term Loan 20 March 13 , 2024 100.000 100.000 13 Maret/March 13 , 2025
Kredit Lokal (Rekening
Koran)/Local Credit (Current 29 Januari/
PT Bank Central Asia Tbk Account) 038/Add-KCK/2024 January 29 , 2024 25.000 25.000 20 April/April 20 , 2025
Pasar Uang/ 16 Mei/ Masih berlaku sampai informasi
PT Bank HSBC Indonesia Money Market CDT/2020/03/0420 May 16, 2019 200.000 200.000 lebih lanjut/Still valid
Fasilitas Pinjaman/ 2 Oktober/
PT Bank Digital BCA Installment Loan 09 October 2 , 2024 300.000 250.000 22 Desember/December 22 , 2027
Kredit Modal Kerja/ 9 Oktober/
PT Bank IBK Indonesia Tbk Working Capital Loan 117 October 9 , 2024 150.000 150.000 22 Desember/December 22 , 2027
864 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
170
Page 867
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (WOM) (lanjutan) Subsidiary (WOM) (continued)
Selama tahun yang berakhir pada tanggal 31 During the year then ended December 31, 2025
Desember 2025 dan 2024, entitas anak telah and 2024, subsidiary has paid the loan
melakukan pembayaran cicilan pokok dan principal and interest installments on
bunga sesuai jadwal yang ditetapkan. schedule.
Pinjaman-pinjaman ini dijaminkan dengan These loans are secured by multi-purpose
piutang pembiayaan multiguna masing- financing receivables amounting to
masing sebesar Rp1.297.220 dan Rp1.874.246 Rp1,297,220 and Rp1,874,246 as of December 31,
pada tanggal 31 Desember 2025 dan 2024, 2025 and 2024, respectively, working capital
piutang pembiayaan modal kerja masing- financing receivables amounting to Rp294,222
masing sebesar Rp294.222 dan Rp56.434 pada and Rp56,434 as of December 31, 2025 and
tanggal 31 Desember 2025 dan 2024, dan 2024, respectively, and investment financing
piutang pembiayaan investasi masing- receivables amounting to Rp766,994 and
masing sebesar Rp766.994 dan Rp241.000 Rp241,000 as of December 31, 2025 and 2024,
pada tanggal 31 Desember 2025 dan 2024. respectively.
Perjanjian-perjanjian dengan bank-bank di Under the above agreements with banks
atas, mensyaratkan Entitas anak untuk tidak mentioned above, without prior approval from
melakukan hal-hal berikut ini, sebelum those banks, is not allowed to, among others,
memperoleh persetujuan dari bank-bank enter into consolidation, merger, acquisitions
tersebut, yang antara lain, melakukan or investments in shares of stock; sell the
konsolidasi, merger, akuisisi atau penyertaan subsidiary’s assets; enter into new
saham; penjualan aset Entitas anak; investments; change the Articles of Association
melakukan investasi baru; perubahan relating to capital reduction; provide financing
Anggaran Dasar berupa penurunan modal; to other related parties and unrelated parties
pembiayaan kepada entitas anak berelasi other than in the normal course of business;
maupun entitas anak lainnya di luar transaksi act as a guarantor of or collateralize the
usaha sehari-hari; mengikatkan diri sebagai Subsidiary’s assets to obligation of other
penanggung kepada pihak lain atau parties; repay the loans obtained from all
menjaminkan aset Entitas anak kepada pihak stockholders; float the Subsidiary’s shares to
lain; pelunasan pinjaman kepada seluruh the public or buy back the Subsidiary’s shares;
pemegang saham; penawaran umum atas alter the Subsidiary’s nature of business;
saham Entitas anak atau pembelian kembali pledge the same BPKB as collateral to other
saham Entitas anak; perubahan bentuk usaha parties and obtain loans or credits from other
Entitas anak; menjaminkan kembali BPKB financial institutions except in the normal
kepada pihak lain dan memperoleh pinjaman course of business.
atau kredit dari lembaga keuangan lain kecuali
untuk kegiatan usaha yang normal.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 865
171
Page 868
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (WOM) (lanjutan) Subsidiary (WOM) (continued)
Dalam perjanjian pinjaman tersebut, Entitas Under the loan agreements, the Subsidiary is
anak juga diwajibkan untuk memenuhi also obliged to comply with financial
persyaratan keuangan seperti gearing ratio covenants such as gearing ratio and Non
dan Non Performing Loan ratio. Pada tanggal Performing Loan ratio. As of December 31, 2025
31 Desember 2025 dan 2024, Entitas anak telah and 2024, the Subsidiary has complied with the
memenuhi persyaratan dan kondisi yang terms and conditions set forth in the bank loan
tertuang di dalam perjanjian pinjaman bank agreement as follows:
seperti berikut ini:
Rasio/Ratio Ratio maksimal/Maximum ratio
Gearing Ratio Bervariasi antara 10:1 dan 8:1/Varied from 10:1
and 8:1
Non Performing Loan - gross Di atas 90 (sembilan puluh) hari maksimal
4,00%-5,00%/Above 90 (ninety) days
maximum of 4.00%-5.00%
Non Performing Loan - net Bervariasi dari diatas 60 (enam puluh) hari
dan 90 (sembilan puluh) hari maksimal
3,00%-5,00%/Varied from above 60 (sixty)
days and 90 (ninety) days maximum of 3.00%
- 5.00%
Fasilitas-fasilitas pinjaman ini dipergunakan The loan facilities are used for the Subsidiary’s
untuk modal kerja kegiatan usaha Entitas anak. working capital.
Seluruh utang bank adalah dengan pihak All the bank loans are to third parties.
ketiga.
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, the
Entitas anak telah mematuhi seluruh Subsidiary has complied with all significant
persyaratan penting termasuk loan covenants include maintaining financial
mempertahankan rasio-rasio keuangan ratios as required in the agreement with the
sehubungan dengan perjanjian dengan bank- aforementioned banks.
bank tersebut di atas.
866 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
172
Page 869
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (MIF) Subsidiary (MIF)
Suku bunga per tahun/ Jumlah pinjaman/ Pembayaran angsuran/
Interest rate per annum Loan amount Payment of installment
31 Desember/December 31 31 Desember/December 31 31 Desember/December 31
2025 2024 2025 2024 2025 2024
Pinjaman bank/Bank loans
Pihak ketiga/Third parties
PT Bank DBS Indonesia - - - - - 100.000
PT Bank Pan Indonesia Tbk 5,75% - 1.458.333 - 41.667 -
PT Bank Pan Indonesia Tbk 6,75% 6,75% 489.583 739.583 187.500 295.139
PT Bank Negara Indonesia (Persero) Tbk 6,50% - 791.668 - 208.333 -
PT Bank Negara Indonesia (Persero) Tbk 6,00% 6,00% 161.111 394.444 258.333 227.777
PT Bank Victoria International Tbk - 6,30% - 500.000 - -
PT Bank UOB Indonesia - 6,25% - 150.000 - -
PT Bank HSBC Indonesia 4,25% 6,36% 100.000 575.000 - 1.050.000
PT Bank OCBC NISP Tbk - - - - - 100.000
PT Bank Mandiri (Persero) Tbk - - - - - 350.000
MUFG Bank Cabang Jakarta - 5,95% - 200.000 - -
PT Bank Hibank Indonesia - 6,25% - 200.000 - 300.000
PT Bank Mizuho Indonesia - 5,95% - 200.000 - -
PT Bank Ina Perdana Tbk - - - 187.500 -
Jumlah/Total 3.000.695 2.959.027 883.333 2.422.916
31 Desember/December 31, 2025
Jumlah fasilitas yang
Nama bank/ Jenis pinjaman/ Nomor perjanjian/ Tanggal perjanjian/ Jumlah fasilitas/ belum ditarik/ Jatuh tempo fasilitas/
Bank name Loan type Agreement number Agreement date Facility amount Undrawn facility Maturity date facility
Pihak ketiga/Third parties
Pinjaman Berjangka/ 24 Oktober/
PT Bank Pan Indonesia Tbk Term Loan No. 290/IBD/EXT/23 October 24, 2023 1.000.000 - 26 Januari/January 26, 2028
Pinjaman Berjangka/ 3 November/
PT Bank Pan Indonesia Tbk Term Loan No. 280/IBD/EXT/25 November 3, 2025 1.500.000 - 3 Februari/February 3, 2029
Pinjaman Berjangka/ 18 Agustus/
PT Bank Negara Indonesia (Persero) Tbk Term Loan No. INT/07/0329/R August 18, 2023 700.000 - 29 Agustus/August 29, 2026
Pinjaman Berjangka/ 7 Juli/
PT Bank Negara Indonesia (Persero) Tbk Term Loan No. 05 July 7, 2025 1.000.000 - 6 Juli/July 6, 2029
Pasar Uang/ 11 April/
PT Bank Victoria International Tbk Money Market No. 044/SKM-KPP/VIC/IV/2025 April 11, 2025 500.000 500.000 25 Maret/March 25, 2026
Pasar Uang/ 18 September/
PT Bank UOB Indonesia Money Market No. 12 September 18, 2025 250.000 250.000 18 September/September 18, 2026
Pasar Uang/ 3 Januari/
PT Bank HSBC Indonesia Money Market Letter from HSBC No. CDT/2024/01/5112 January 3, 2024 1.000.000 900.000 3 Januari/January 3, 2025
Pasar Uang/ 27 Agustus/
PT Bank OCBC NISP Tbk Money Market No. 402/ILS-JKT/PK/IX/2025 August 27, 2025 300.000 300.000 27 Agustus/August 27, 2026
Pasar Uang/ 31 Januari/
PT Bank SMBC Indonesia Tbk (d/h BTPN) Money Market No. PKS.013/DIR/FINTF/I/2019 January 31, 2019 100.000 100.000 31 Januari/January 31, 2024*
Pasar Uang/ 31 Agustus/
PT Bank Danamon Indonesia Tbk Money Market No. B.515/ARO/EB/0825 August 31, 2025 100.000 100.000 31 Agustus/August 31, 2026
Pasar Uang/ 16 Januari/
MUFG Bank Cabang Jakarta Money Market No. 2024-0055963 January 16, 2025 200.000 200.000 16 Januari/January 16, 2026
Pasar Uang/ 28 Agustus/
PT Bank Hibank Indonesia Money Market No. 011.02/OL/KY/VIII/2025 August 28, 2025 200.000 200.000 28 Agustus/August 28, 2026
Pasar Uang/ 31 Januari/
PT Bank Mizuho Indonesia Money Market No. 065/AMD/MZH/0125 January 31, 2025 200.000 200.000 31 Januari/January 31, 2026
Pasar Uang/ 11 September/
PT Bank INA Perdana Tbk Money Market Akta No. 1.065 September 11, 2025 200.000 200.000 11 September/September 11, 2026
*)Perjanjian utang bank masih dalam proses perpanjangan *) The extension of bank loan agreement still in the process
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 867
173
Page 870
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (MIF) (lanjutan) Subsidiary (MIF) (continued)
31 Desember/December 31 , 2024
Jumlah fasilitas yang
Nama bank/ Jenis pinjaman/ Nomor perjanjian/ Tanggal perjanjian/ Jumlah fasilitas/ belum ditarik/ Jatuh tempo fasilitas/
Bank name Loan type Agreement number Agreement date Facility amount Undrawn facility Maturity date facility
Pihak ketiga/Third parties
Pinjaman Berjangka/ 12 November/
PT Bank DBS Indonesia Term Loan No. 136/PFPA-DBSI/XI/1-2/2021 November 12, 2021 300.000 - 12 Mei/May 12 , 2025
Pinjaman Berjangka/ 24 Oktober/
PT Bank Pan Indonesia Tbk Term Loan No. 290/IBD/EXT/23 October 24, 2023 1.000.000 - 26 Januari/January 26 , 2028
Pinjaman Berjangka/ 18 Agustus/
PT Bank Negara Indonesia (Persero) Tbk Term Loan No. INT/07/0329/R August 18 , 2023 700.000 - 29 Agustus/August 29 , 2026
Pasar Uang/ 19 Maret/
PT Bank Victoria International Tbk Money Market No. 043/SKM-KPP/VIC/III/2024 March 19 , 2024 500.000 - 25 Maret/March 25 , 2025
Pasar Uang/ 27 Agustus/
PT Bank UOB Indonesia Money Market No. 1121/08/2024 August 27 , 2024 150.000 - 27 Agustus/August 27 , 2025
Pasar Uang/ 3 Januari/
PT Bank HSBC Indonesia Money Market No. CDT/2024/01/5112 January 3 , 2024 1.000.000 425.000 31 Januari/January 31 , 2025
Pasar Uang/ 27 Agustus/
PT Bank OCBC NISP Tbk Money Market No. 406/ILS-JKT/PK/VIII/2024 August 27 , 2024 300.000 300.000 27 Agustus/August 27 , 2025
Pasar Uang/ 31 Januari/
PT Bank BTPN Tbk Money Market No. PKS.013/DIR/FINTF/I/2019 January 31 , 2019 100.000 100.000 31 Januari/January 31 , 2025
Pasar Uang/ 14 Desember/
PT Bank Mandiri (Persero) Tbk Money Market No. CRO.KP/482/KJP/2018 Akta Nomor 63 December 14 , 2023 600.000 600.000 18 Desember/December 18 , 2024
Pasar Uang/ 27 Agustus/
PT Bank Danamon Indonesia Tbk Money Market No. B.544/ARO/EB/0824 August 27 , 2024 100.000 100.000 31 Agustus/August 31 , 2025
Pasar Uang/ 16 Januari/
MUFG Bank Cabang Jakarta Money Market No. 2023-0058190 January 16 , 2024 200.000 - 16 Januari/January 16 , 2025
Pasar Uang/ 28 Agustus/
PT Bank Hibank Indonesia Money Market No. 035/OL/KY/VIII/2024 August 28 , 2024 200.000 - 28 Agustus/August 28 , 2025
Pasar Uang/ 31 Januari/
PT Bank Mizuho Indonesia Money Market No. 038/AMD/MZH/0124 January 31 , 2024 200.000 - 31 Agustus/August 31 , 2025
Selama tahun yang berakhir pada tanggal During the year then ended December 31, 2025
31 Desember 2025 dan 2024, entitas anak telah and 2024, subsidiary has paid the loan
melakukan pembayaran cicilan pokok dan principal and interest installments on
bunga sesuai jadwal yang ditetapkan. schedule.
868 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
174
Page 871
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (MIF) (lanjutan) Subsidiary (MIF) (continued)
Pinjaman-pinjaman ini dijaminkan dengan These loans are secured by finance lease
piutang sewa pembiayaan masing-masing recevables amounting to RpNil and Rp4,832 as
sebesar RpNihil dan Rp4.832 pada tanggal of December 31, 2025 and 2024, respectively
31 Desember 2025 dan 2024 dan piutang and consumer financing receivables
pembiayaan konsumen masing-masing amounting to Rp526,776 and Rp753,093 as of
sebesar Rp526.776 dan Rp753.093 pada December 31, 2025 and 2024, respectively.
tanggal 31 Desember 2025 dan
2024.
Perjanjian-perjanjian dengan bank-bank di above, without prior approval from those
atas, mensyaratkan Entitas anak untuk tidak banks, is not allowed to, among others, enter
melakukan hal-hal berikut ini, sebelum into consolidation, merger, acquisitions or
memperoleh persetujuan dari bank-bank investments in shares of stock; sell the
tersebut, yang antara lain, melakukan Subsidiary’s assets; enter into new
konsolidasi, merger, akuisisi atau penyertaan investments; change the Articles of Association
saham; penjualan aset Entitas anak; relating to capital reduction; provide financing
melakukan investasi baru; perubahan to other related parties and unrelated parties
Anggaran Dasar berupa penurunan modal; other than in the normal course of business;
pembiayaan kepada entitas anak berelasi act as a guarantor of or collateralize the
maupun entitas anak lainnya di luar transaksi Subsidiary’s assets to obligation of other
usaha sehari-hari; mengikatkan diri sebagai parties; repay the loans obtained from all
penanggung kepada pihak lain atau stockholders; float the Subsidiary’s shares to
menjaminkan aset Entitas anak kepada pihak the public or buy back the Subsidiary’s shares;
lain; pelunasan pinjaman kepada seluruh alter the Subsidiary’s nature of business;
pemegang saham; penawaran umum atas pledge the same BPKB as collateral to other
saham Entitas anak atau pembelian kembali parties and obtain loans or credits from other
saham Entitas anak; perubahan bentuk usaha financial institutions except in the normal
Entitas anak; menjaminkan kembali BPKB course of business.
kepada pihak lain dan memperoleh pinjaman
atau kredit dari lembaga keuangan lain kecuali
untuk kegiatan usaha yang normal.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 869
175
Page 872
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Fasilitas Pembiayaan Pemilikan Kendaraan a. Subsidiaries’ Motor Vehicle Ownership
Bermotor Entitas Anak (lanjutan) Financing Facilities (continued)
Entitas anak (MIF) (lanjutan) Subsidiary (MIF) (continued)
Dalam perjanjian pinjaman tersebut, Entitas Under the loan agreements, the Subsidiary is
anak juga diwajibkan untuk memenuhi also obliged to comply with financial
persyaratan keuangan seperti rasio jumlah covenants such as gearing ratio and Non
utang terhadap ekuitas dan Non Performing Performing Loan ratio. As of December 31, 2025
Loan ratio. Pada tanggal 31 Desember 2025 dan and 2024, the Subsidiary has complied with the
2024, Entitas anak telah memenuhi terms and conditions set forth in the bank loan
persyaratan dan kondisi yang tertuang di agreement as follows:
dalam perjanjian pinjaman bank seperti
berikut ini:
Rasio/Ratio Ratio maksimal/Maximum ratio
Rasio jumlah utang terhadap ekuitas/Debt Bervariasi antara 10:1 dan 8:1 maksimal 10
to Equity Ratio kali/Varied from 10:1 and 8:1 maximum 10
times
Non Performing Loan - gross Di atas 90 (sembilan puluh) hari maksimal
5,00%/Above 90 (ninety) days maximum of
5.00%
Non Performing Loan - net Bervariasi dari di atas 90 (sembilan puluh)
hari maksimal 3,00% - 5,00%/Varied from
above 90 (ninety) days maximum of 3.00% -
5.00%
Fasilitas-fasilitas pinjaman ini dipergunakan The loan facilities are used for the Subsidiary’s
untuk modal kerja kegiatan usaha Entitas anak. working capital.
Pada tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, the
2024, Entitas anak telah mematuhi seluruh Subsidiary has complied with all significant
persyaratan penting termasuk loan covenants include maintaining financial
mempertahankan rasio-rasio keuangan ratios as required in the agreement with the
sehubungan dengan perjanjian dengan bank- aforementioned banks.
bank tersebut di atas.
b. Pinjaman dari Sarana Multigriya Finansial b. Loans received from Sarana Multigriya
(Persero) Finansial (Persero)
Akun ini merupakan fasilitas pinjaman dari This account represents credit facilities from
Sarana Multigriya Finansial (Persero). Sarana Multigriya Finansial (Persero).
Pinjaman ini merupakan Uncommitted Facility This loan is term loan facility with plafond of
Line dengan plafond maksimal Rp2.000.000. Rp2,000,000. This facility is Non-Revolving and
Fasilitas ini bersifat Non-Revolving dan hanya can only withdrawn during an availability
dapat ditarik selama availability period selama period of 1 (one) year from the date signing the
1 (satu) tahun sejak tanggal penandatangan credit. The interest rate will be determined at
perjanjian kredit dengan tingkat suku bunga the time of the loan withdrawal.
yang akan ditetapkan setiap ada penarikan
kredit.
176
870 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 873
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
c. Pinjaman antar Bank c. Interbank Borrowing
31 Desember/December 31, 2025
Suku bunga
per tahun/
Tanggal dimulai/ Tanggal jatuh tempo/ Interest rate Jumlah/
Starting date Maturity date per annum Total
Pihak Ketiga Third Parties
Rupiah Rupiah
12 Desember/ 12 Januari/
PT Bank Rakyat Indonesia (Persero) Tbk December 12, 2025 January 12, 2026 4,69% 1.000.000 PT Bank Rakyat Indonesia (Persero) Tbk
18 Desember/ 19 Januari/
PT Bank Rakyat Indonesia (Persero) Tbk December 18, 2025 January 19, 2026 4,69% 500.000 PT Bank Rakyat Indonesia (Persero) Tbk
24 Desember/ 23 Desember/
PT Bank ICBC Indonesia December 24, 2025 December 23, 2026 5,00% 500.000 PT Bank ICBC Indonesia
29 Desember/ 2 Februari/
MUFG Bank Cabang Jakarta December 29, 2025 February 2, 2026 4,71% 500.000 MUFG Bank Jakarta Branch
30 Desember/ 2 Februari/
MUFG Bank Cabang Jakarta December 30, 2025 February 2, 2026 4,80% 1.000.000 MUFG Bank Jakarta Branch
25 November/ 25 November/
PT Bank Nano Syariah November 25, 2025 November 25, 2026 5,10% 49.640 PT Bank Nano Syariah
4 Desember/ 4 Desember/
PT Bank Nano Syariah December 4, 2025 December 4, 2026 5,10% 73.640 PT Bank Nano Syariah
10 Desember/ 10 Desember/
PT Bank Nano Syariah December 10, 2025 December 10, 2026 5,10% 60.927 PT Bank Nano Syariah
29 Desember/ 29 Desember/
PT Bank Nano Syariah December 29, 2025 December 29, 2026 5,25% 50.000 PT Bank Nano Syariah
Sub-jumlah - Rupiah 3.734.207 Sub-total - Rupiah
Mata uang asing Foreign currencies
9 Agustus/ 9 Agustus/
MUFG Bank Cabang Jakarta August 9, 2024 August 9, 2027 4,85% 583.625 MUFG Bank Cabang Jakarta
30 September/ 30 September/
MUFG Bank Cabang Jakarta September 30, 2024 September 30, 2027 4,70% 1.083.875 MUFG Bank Cabang Jakarta
30 Juni/ 30 Juni/
Citibank N.A. June 30, 2025 June 30, 2026 4,24% 750.375 Citibank N.A.
22 Agustus/ 22 Agustus/
MUFG Bank Cabang Jakarta August 22, 2025 August 22, 2028 4,82% 1.667.500 MUFG Bank Jakarta Branch
Sub-jumlah - Mata uang asing 4.085.375 Sub-total - Foreign currencies
Jumlah 7.819.582 Total
177
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 871
Page 874
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
c. Pinjaman antar Bank (lanjutan) c. Interbank Borrowing (continued)
31 Desember/December 31, 2024
Suku bunga
per tahun/
Tanggal dimulai/ Tanggal jatuh tempo/ Interest rate Jumlah/
Starting date Maturity date per annum Total
Pihak Ketiga Third Parties
Rupiah Rupiah
20 Desember/ 20 Januari/
MUFG Bank Cabang Jakarta December 20, 2024 January 20, 2025 6,25% 500.000 MUFG Bank Jakarta Branch
27 Desember/ 24 Desember/
PT Bank ICBC Indonesia December 27, 2024 December 24, 2025 6,63% 500.000 PT Bank ICBC Indonesia
Sub-jumlah - Rupiah 1.000.000 Sub-total - Rupiah
Mata uang asing Foreign currencies
25 Juni/ 25 Juni/
Citibank N.A. June 25, 2024 June 25, 2025 4,93% 724.275 Citibank N.A.
9 Agustus/ 9 Agustus/
MUFG Bank Cabang Jakarta August 9, 2024 August 9, 2027 5,75% 563.325 MUFG Bank Jakarta Branch
22 Agustus/ 22 Agustus/
MUFG Bank Cabang Jakarta August 22, 2024 August 22, 2025 5,43% 1.609.500 MUFG Bank Jakarta Branch
30 September/ 30 September/
MUFG Bank Cabang Jakarta September 30, 2024 September 30, 2027 5,34% 1.046.175 MUFG Bank Jakarta Branch
8 November/ 7 November/
Citibank N.A. November 8, 2024 November 7, 2025 4,65% 402.375 Citibank N.A.
18 November/ 18 Februari/
PT Bank Rakyat Indonesia (Persero) Tbk November 18, 2024 February 18, 2025 4,81% 482.850 PT Bank Rakyat Indonesia (Persero) Tbk
20 November/ 20 Februari/
PT Bank Rakyat Indonesia (Persero) Tbk November 20, 2024 February 20, 2025 4,84% 869.130 PT Bank Rakyat Indonesia (Persero) Tbk
29 November/ 28 Februari/
Bank Standard Chartered November 29, 2024 February 28, 2025 4,82% 346.043 Standard Chartered Bank
2 Desember/ 2 Juni/
PT Bank Rakyat Indonesia (Persero) Tbk December 2, 2024 June 2, 2025 4,81% 321.900 PT Bank Rakyat Indonesia (Persero) Tbk
3 Desember/ 3 Maret/
Bank Standard Chartered December 3, 2024 March 3, 2025 4,79% 877.177 Standard Chartered Bank
5 Desember/ 5 Juni/
PT Bank Rakyat Indonesia (Persero) Tbk December 5, 2024 June 5, 2025 4,78% 193.140 PT Bank Rakyat Indonesia (Persero) Tbk
11 Desember/ 10 Januari/
MUFG Bank Cabang Jakarta December 11, 2024 January 10, 2025 4,65% 241.425 MUFG Bank Jakarta Branch
Sub-jumlah - Mata uang asing 7.677.315 Sub-total - Foreign currencies
Jumlah 8.677.315 Total
Tidak ada jaminan yang diberikan oleh Bank As of December 31, 2025 and 2024, there is no
atas pinjaman antar bank yang diterima per collateral provided by the Bank for interbank
31 Desember 2025 dan 2024. borrowing received.
872 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
178
Page 875
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. PINJAMAN DITERIMA (lanjutan) 23. BORROWINGS (continued)
d. Sertifikat Pengelolaan Dana Berdasarkan d. Sharia-based Interbank Fund Management
Prinsip Syariah Antarbank Certificate
Tujuan dari Sertifikat Pengelolaan Dana The purpose of Sharia-based Interbank Fund
Berdasarkan Prinsip Syariah Antarbank adalah Management Certificate is to support the
untuk mendukung pendanaan dan Bank’s financing and loan growth.
pertambahan kredit diberikan Bank.
31 Desember/December 31, 2025
Suku bunga
Jangka waktu per tahun/
Jatuh tempo/ (hari)/ Interest rate Jumlah/
Maturity Tenor (in days) per annum Total
Rupiah Rupiah
Pihak ketiga Third parties
2 Januari/
PT Bank Muamalat Indonesia Tbk January 2, 2026 2 4,18% 100.751 PT Bank Muamalat Indonesia Tbk
7 Januari/
PT Bank Jabar Banten Syariah January 7, 2026 7 4,80% 70.336 PT Bank Jabar Banten Syariah
PT Bank Pembangunan Daerah 7 Januari/ PT Bank Pembangunan Daerah
Kalimantan Barat January 7, 2026 7 4,75% 30.415 Kalimantan Barat
Jumlah nilai tercatat 201.502 Total carrying amount
e. Lainnya e. Other
Per 31 Desember 2025 dan 2024, Bank dan As of December 31, 2025 and 2024, the Bank
entitas anak telah mematuhi seluruh and the subsidiaries have complied with all
persyaratan perjanjian yang sudah disepakati loan covenants, agreed between the Banks
oleh Bank dan entitas anak dengan pemberi and subsidiaries with the lenders.
pinjaman tersebut.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 873
179
Page 876
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN 24. INCOME TAX
a. Utang pajak a. Taxes payable
Utang pajak terdiri dari: Taxes payable consist of:
31 Desember/December 31
2025 2024
Bank Bank
Pajak penghasilan: Income tax:
- Pasal 21 46.542 37.846 Article 21 -
- Pasal 23/26 12.904 10.117 Article 23/26 -
- Pasal 4(2) 55.621 127.650 Article 4(2) -
- Lainnya 126.968 58.752 Others -
Pajak pertambahan nilai 10.413 5.337 Value added tax
252.448 239.702
Entitas anak Subsidiaries
Pajak penghasilan badan dan Corporate income tax and
Pajak penghasilan pasal 25 55.592 60.380 Income tax article 25
Pajak penghasilan (pasal 21, Other income tax (article 21,
23/26, 4(2) dan lainnya) 1.116 11.540 23/26, 4(2) and others)
Pajak pertambahan nilai 4.509 4.686 Value added tax
61.217 76.606
Konsolidasian Consolidated
Pajak penghasilan badan dan Corporate income tax and
Pajak penghasilan pasal 25 55.592 60.380 Income tax article 25
Pajak penghasilan (pasal 21, Other income tax (article 21,
23/26, 4(2) dan lainnya) 243.151 245.905 23/26, 4(2) and others)
Pajak pertambahan nilai 14.922 10.023 Value added tax
313.665 316.308
b. Beban pajak penghasilan b. Income tax expense
Beban pajak penghasilan Bank dan entitas Income tax expenses of the Bank and
anak terdiri dari: subsidiaries consisted of the following:
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Bank Bank
Kini 275.468 89.834 Current
Tangguhan 82.219 117.057 Deferred
357.687 206.891
Entitas anak Subsidiaries
Kini 177.831 202.919 Current
Tangguhan (14.920) (8.140) Deferred
162.911 194.779
Konsolidasian Consolidated
Kini 453.299 292.753 Current
Tangguhan 67.299 108.917 Deferred
520.598 401.670
874 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
180
Page 877
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Rekonsiliasi antara laba sebelum beban pajak A reconciliation between the Bank’s income
Bank, seperti yang disajikan dalam laporan before tax expense as shown in the
laba rugi dan penghasilan komprehensif lain consolidated statements of profit or loss and
konsolidasian dan penghasilan kena pajak other comprehensive income and taxable
untuk tahun yang berakhir pada tanggal income for the year ended December 31, 2025
31 Desember 2025 dan 2024 adalah sebagai and 2024, are as follows:
berikut:
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Laba sebelum beban pajak dan Income before tax expense
kepentingan non- and non-controlling interest -
pengendali - konsolidasian 2.222.793 1.600.313 consolidated
Dikurangi: Penghasilan sebelum Less: Income before tax expense -
pajak - Entitas anak 555.583 683.855 Subsidiaries
Laba sebelum beban Income before tax expense
pajak - Bank 1.667.210 916.458 - Bank
Laba cabang luar negeri (22.677) (26.583) Gain from overseas branch
Pendapatan yang dikenakan
pajak final (273) (319) Income subject to final tax
Laba Bank disesuaikan Adjusted income before
sebelum pajak penghasilan 1.644.260 889.556 tax of the Bank
Perbedaan waktu Temporary differences
Perbedaan antara komersial Differences between commercial
dan fiskal atas: and tax amounts on:
- Penyisihan imbalan
kerja karyawan 11.601 202.059 Provision for employee benefits -
- Penyisihan bonus karyawan (13.151) (4.888) Provision for employee bonuses -
- Penyisihan kerugian
aset produktif dan Provision for possible losses on -
non-produktif (153.290) (627.662) earning and non-earning assets
- Lain-lain (218.884) (101.583) Others -
(373.724) (532.074)
Perbedaan tetap Permanent differences
Perbedaan antara komersial Differences between commercial
dan fiskal atas: and tax amounts on:
- Dividen dari anak perusahaan (212.331) (225.981) Dividend from subsidiary -
- (Kenaikan)/penurunan nilai (Increase)/decrease in values -
efek-efek yang diperdagangkan (3.950) 8.597 of trading securities
- Lain-lain 143.521 46.347 Others -
(72.760) (171.037)
Penghasilan kena pajak 1.197.776 186.445 Taxable income
Beban pajak penghasilan kini - Bank 263.511 41.017 Corporate income tax expenses - Bank
Surat ketetapan pajak - Bank 11.957 48.817 Tax assessment letter - Bank
Beban pajak penghasilan kini - Entitas anak 177.831 202.919 Corporate income tax expenses - Subsidiaries
453.299 292.753
Dikurangi: Less:
Pajak dibayar dimuka pasal 25 - Bank (315.024) (145.986) Prepaid tax article 25 - Bank
Surat ketetapan pajak - Bank (11.957) (48.817) Tax assessment letter - Bank
Pajak dibayar dimuka - Entitas anak (122.239) (142.539) Prepaid tax - Subsidiaries
Utang pajak penghasilan/ Corporate income tax payable/
(Pajak penghasilan dibayar dimuka) (Prepaid income tax)
Pajak penghasilan dibayar dimuka - Bank (51.513) (104.969) Prepaid corporate income tax - Bank
Utang pajak penghasilan - Konsolidasian 55.592 60.380 Corporate income tax - Consolidated
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 875
181
Page 878
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Rekonsiliasi atas beban pajak penghasilan The reconciliation between the Bank’s income
Bank dengan perkalian laba akuntansi Bank tax expense and the accounting income before
sebelum beban pajak penghasilan dan tarif tax expense and prevailing tax rate are as
pajak yang berlaku adalah sebagai berikut: follow:
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Laba sebelum beban pajak dan Income before tax expense
kepentingan non- and non-controlling interest -
pengendali - konsolidasian 2.222.793 1.600.313 consolidated
Dikurangi: Laba sebelum beban Less: Income before tax expense
pajak - entitas anak 555.583 683.855 - subsidiaries
Laba sebelum beban Income before tax expense
pajak - Bank 1.667.210 916.458 - Bank
Dikurangi: Less:
Laba cabang luar negeri (22.677) (26.583) Gain from overseas branch
Pendapatan yang dikenakan
pajak final (273) (319) Income subject to final tax
1.644.260 889.556
Beban pajak penghasilan
yang dihitung dengan tarif Corporate income tax based on
pajak yang berlaku 361.737 195.703 the prevailing tax rate
Surat ketetapan pajak 11.957 48.816 Tax assessment letter
Pengaruh pajak atas beda tetap Effect of tax on permanent
pada tarif pajak yang berlaku (16.007) (37.628) differences with prevailing tax rate
Beban pajak penghasilan - Bank 357.687 206.891 Income tax expense - Bank
Beban pajak penghasilan
- entitas anak 162.911 194.779 Income tax expense - subsidiaries
520.598 401.670
Tarif Pajak Penghasilan Corporate Tax Rate
Berdasarkan Undang-undang No. 7 Tahun 2021 As stipulated by the Law No. 7 Year 2021 on the
tentang Harmonisasi Peraturan Perpajakan Harmonization of Tax Regulations (UU HPP) on
(UU HPP) pada tanggal 29 Oktober 2021, October 29, 2021, the calculation of deferred tax
penghitungan pajak tangguhan telah has used a rate of 22%.
menggunakan tarif 22%.
182
876 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 879
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Dampak Penerapan Pilar Dua Organization The Impact of Pillar Two of Organization for
for Economic Co-operation and Development Economic Co-operation and Development
(“OECD”) (“OECD”)
Grup Malayan Banking Berhad (selanjutnya Malayan Banking Berhad Group (the “Group”)
disebut “Grup”), termasuk PT Bank Maybank including PT Bank Maybank Indonesia Tbk., is
Indonesia Tbk., berada dalam lingkup aturan within the scope of the OECD Pillar Two model
model Pilar Dua OECD. Pada tanggal laporan, rules. As at the reporting date, Indonesia has
Indonesia telah memberlakukan PMK No. 136 enacted PMK No. 136 Year 2024 for its Pillar Two
Tahun 2024 untuk implementasi Pilar Dua yang implementation effective from January 1, 2025.
berlaku mulai 1 Januari 2025.
Pada tahun ini, penilaian dilakukan In the current year, an assessment was
berdasarkan informasi keuangan 2025 untuk conducted based on the 2025 financial
entitas konstituen di Indonesia dengan information for the constituent entities in
mengadopsi ketentuan transisi Safe Harbour. Indonesia by adopting the Transitional Safe
Oleh karena itu, pajak tambahan dianggap Harbour rules. Accordingly, the top-up tax is
nihil. Pengadopsian ini tidak berdampak pada deemed to be nil. The adoption did not have
jumlah yang dilaporkan dalam laporan any impact on the amount reported in these
keuangan ini. Perusahaan juga telah financial statements. The Company has also
menerapkan pengecualian untuk applied the exception to disclosing any
mengungkapkan informasi tentang pajak information about deferred tax relating to
tangguhan yang berkaitan dengan pajak Pillar Two income taxes.
penghasilan Pilar Dua.
Bank Bank
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2021 Seluruh Surat Perintah Pemeriksaan Pajak dikeluarkan pada Desember 2024 untuk
Jenis seluruh jenis pajak. SKPKB PPh Badan, PPh Pasal 21, 23 dan PPN diterbitkan pada 5
Pajak/All November 2025, dengan total kurang bayar pajak (termasuk denda dan bunga)
Taxes sebesar Rp149.087. Jumlah SKPKB yang disetujui adalah Rp36 dan dibayar pada
4 Desember 2025. Pembayaran jumlah SKPKB yang tidak disetujui sebesar
Rp149.051 sudah dilakukan pada 3 Februari 2026.
Surat Keberatan atas SKPKB yang tidak disetujui diajukan pada tanggal 4 Februari
2026, dengan nilai sengketa PPh Badan sebesar Rp137.166 dan PPN sebesar
Rp11.849, namun atas sengketa PPh 21 sebesar Rp36 tidak diajukan Keberatan.
Hingga tanggal penyelesaian laporan keuangan Bank belum menerima hasil
Keberatan dari Kantor Pajak. Manajemen berpendapat bahwa permohonan
Keberatan Bank akan diterima Kantor Pajak.
Tax Audit Notification Letter issued on December 2024 for all types of taxes. P
The Tax Assessment Letter (SKPKB) for Corporate Income Tax, Article 21, 23 and
VAT issued on November 5, 2025, with a tax underpayment (including fines and
interest) of Rp149,087. The agreed SKPKB amount was Rp36 and already paid on
December 4, 2025. Payment of the SKPKB amounting to Rp149,051 is scheduled to
be made no later than February 4, 2026 and recorded as Other Receivables
(Note 17).
183
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 877
Page 880
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank Bank
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2021 Seluruh Objection Letter against the disputed SKPKB was submitted on February 4, 2026,
(lanjutan/ Jenis with a disputed amount of Rp137,166 for Corporate Income Tax and Rp11,849 for
continued) Pajak/All VAT, while no objection was submitted for the withholding tax under Article 21
Taxes amounting to Rp36. As of the completion date of the financial statements, the
Bank has not received the decision on the Objection from the Tax Office. The
Management believes that the Tax Office will approve the objection submitted
by the bank.
2020 Seluruh Surat Perintah Pemeriksaan Pajak dikeluarkan pada July 2024, untuk seluruh
Jenis jenis pajak.
Pajak/All
Taxes Surat Ketetapan Pajak Kurang Bayar (SKPKB) PPh Badan, PPh Pasal 21 dan PPN
diterima pada 11 September 2024, dengan total kurang bayar pajak (termasuk
denda dan bunga) sebesar Rp215.891. Bank tidak menyetujui jumlah SKPKB
tersebut. Pembayaran SKPKB sebesar Rp215.231 dilakukan pada 4 Desember
2025, sementara STP sebesar Rp660 sudah terbayar melalui kompensasi dari
proses pengembalian atas SKPKB PPh Badan 2016. Pembayaran SKPKB dan STP
dicatat sebagai bagian dari Tagihan Lainnya (Catatan 17).
Surat Keberatan atas SKPKB yang tidak disetujui tersebut diajukan pada tanggal
09 Desember 2025, dengan nilai sengketa PPh Badan sebesar Rp205.735, PPh
Pasal 21 sebesar Rp106 dan PPN sebesar Rp9.390. Hingga tanggal penyelesaian
laporan keuangan Bank belum menerima hasil Keberatan dari Kantor Pajak.
Manajemen berpendapat bahwa permohonan Keberatan Bank akan diterima
Kantor Pajak.
Tax Audit Notification Letter issued on July 2024 for all types of taxes.
The Tax Assessment Letter (SKPKB) for Corporate Income Tax, Article 21 Income
Tax and VAT was received on September 11, 2025, with a tax underpayment
(including penalties and interest) of Rp215,891. The Bank did not agree with the
SKPKB amount. Payment of the SKPKB was made on December 4, 2025
amounted Rp215,231. Meanwhile, the STP of Rp660 has been settled through
compensation from the refund of the 2016 Corporate Income Tax - SKPKB. Both
the SKPKB and STP are recorded as part of Other Receivables (Note 17).
Objection Letter against the disputed SKPKB was submitted on December 4,
2025, with a disputed amount of Rp205,735 for Corporate Income Tax, Rp106 for
Article 21 Income Tax and Rp9,390 for VAT. As of the completion date of the
financial statements, the Bank has not received the decision on the Objection
from the Tax Office. The Management believes that the Tax Office will approve
the objection submitted by the bank.
878 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
184
Page 881
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank Bank
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2019 PPh Surat Perintah Pemeriksaan Pajak dikeluarkan pada Oktober 2023 untuk seluruh
Badan / jenis pajak.
CIT
PPN/VAT Surat Ketetapan Pajak Kurang Bayar (SKPKB) PPh Badan dan PPN diterima pada
3 Mei 2024, dengan total kurang bayar pajak (termasuk denda dan bunga)
sebesar Rp202.904. Bank tidak menyetujui jumlah SKPKB tersebut. Pembayaran
SKPKB dilakukan pada 31 Juli 2024 dan dicatat sebagai bagian dari Tagihan
Lainnya (Catatan 17).
Surat Keberatan atas SKPKB yang tidak disetujui tersebut diajukan pada tanggal
1 Agustus 2024, dengan nilai sengketa PPh Badan sebesar Rp193.660 dan PPN
sebesar Rp9.244. Keputusan Keberatan PPh Badan dan PPN diterima pada 28 April
2025, dengan hasil menolak seluruh permohonan Bank.
Surat Banding atas putusan Keberatan PPh Badan dan PPN diajukan Bank pada
11 Juli 2025. Saat ini proses persidangan di Pengadilan Pajak masih berlangsung.
Manajemen berpendapat bahwa Pengadilan Pajak akan mengabulkan Banding
yang diajukan Bank.
Tax Audit Notification Letter issued on October 2023 for all types of taxes.
The Tax Assessment Letter (SKPKB) for Corporate Income Tax and VAT was
received on May 3, 2024, with a tax underpayment (including penalties and
interest) of Rp202,904. The Bank did not agree with the SKPKB amount. Payment
of the SKPKB was made on July 31, 2024, and recorded as part of Other
Receivables (Note 17).
Objection Letter against the disputed SKPKB was submitted on August 1, 2024, with
a disputed amount of Rp193,660 for Corporate Income Tax and Rp9,244 for VAT.
The Objection Decision for Corporate Income Tax and VAT was received on April
28, 2025, rejecting the Bank’s entire request.
The Bank submitted an Appeal Letter against the Objection Decision on
Corporate Income Tax and VAT on July 11, 2025. The appeal process is currently
ongoing at the Tax Court. The management believes that the Tax Court will
approve the appeal submitted by the Bank.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 879
185
Page 882
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2018 PPh Surat Perintah Pemeriksaan Pajak dikeluarkan pada April 2021, untuk seluruh
Badan / jenis pajak. SKPKB PPh Pasal 21, 23, PPh Badan & PPN diterbitkan pada 20 Februari
CIT 2023, dengan total kurang bayar pajak (termasuk denda dan bunga) sebesar
PPN/VAT Rp169.894. Jumlah SKPKB yang disetujui adalah Rp70 dan dibayar pada 16 Maret
2023. Jumlah SKPKB yang tidak disetujui adalah Rp169.824, dibayar pada 17 Mei
2023 dan dicatat sebagai Tagihan Lainnya (Catatan 17).
Surat Keberatan atas SKPKB yang tidak disetujui diajukan pada 19 Mei 2023,
dengan nilai sengketa untuk PPh Badan sebesar Rp154.778 dan PPN sebesar
Rp15.046. Keputusan Keberatan PPh Badan dan PPN diterima Pada 05 April 2024,
dengan hasil menolak seluruh permohonan Bank.
Surat Banding atas putusan Keberatan PPh Badan dan PPN diajukan Bank pada
28 Juni 2024. Sidang terakhir dilaksanakan pada tanggal 19 Maret 2025, dan
saat ini Bank sedang menunggu putusan Pengadilan Pajak. Manajemen
berpendapat bahwa Pengadilan Pajak akan mengabulkan Banding yang
diajukan Bank.
Tax Audit Notification Letter issued on April 2021 for all types of taxes. The Tax
Assessment Letter (SKPKB) for Article 21, 23 Corporate Income Tax, and VAT
issued on February 20, 2023, with a tax underpayment (including fines and
interest) of Rp169,894. The agreed SKPKB amount was Rp70 and was paid on
March 16, 2023. The disputed SKPKB amount was Rp169,824, which was paid on
May 17, 2023, and recorded as Other Receivables (Note 17).
An Objection Letter against the disputed SKPKB was submitted on May 19, 2023,
with a disputed amount of Rp154,778 for Corporate Income Tax and Rp15,046 for
VAT. The Objection Decision for Corporate Income Tax and VAT was received on
April 5, 2024, rejecting the Bank’s entire request.
The Bank submitted an Appeal Letter against the Objection Decision on
Corporate Income Tax and VAT on June 28, 2024. The final hearing was held on
March 19, 2025 and the Bank is currently awaiting the Tax Court’s edition. The
management believes that the Tax Court will approve the appeal submitted by
the Bank.
186
880 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 883
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2017 PPh Surat Perintah Pemeriksaan Pajak dikeluarkan pada 24 November 2020 untuk
Badan / seluruh jenis pajak. SKPKB PPh Pasal 21, 23, 26, 4 ayat (2) Final, PPh Badan & PPN
CIT diterbitkan pada 2 September 2022 dengan total kurang bayar pajak (termasuk
PPN/VAT denda dan bunga) sebesar total Rp127.029.
Jumlah SKPKB yang disetujui adalah Rp66 dan dibayar pada 29 September
2022; sedangkan jumlah yang tidak disetujui adalah Rp126.963, dibayar pada 24
November 2022 dan dicatat sebagai bagian dari Tagihan Lainnya (catatan 17).
Surat Keberatan atas SKPKB yang tidak disetujui diajukan pada 30 November
2022, dengan nilai sengketa sebesar Rp118.106 untuk PPh Badan dan Rp8.857
untuk PPN.
Keputusan Keberatan PPh Badan dan PPN diterima bank Pada 20 Oktober 2023,
dengan hasil untuk PPh Badan diterima sebagian sehingga nilai sengketa
menjadi Rp118.374; sedangkan untuk PPN ditolak seluruhya.
Surat Banding atas Keputusan Keberatan PPh Badan dan PPN diajukan Bank
pada 8 Januari 2024. Proses sidang telah selesai dan sedang menunggu
Putusan Pengadilan Pajak. Manajemen berpendapat bahwa Pengadilan Pajak
akan mengabulkan Banding yang diajukan Bank.
Tax Audit Notification Letter issued on November 24, 2020, for all types of taxes.
The Tax Assessment Letter (SKPKB) for Article 21, 23, 26, and Final Article 4(2)
Income Taxes, Corporate Income Tax, and VAT was issued on September 2, 2022,
with a total underpaid tax amount (including penalties and interest) of
Rp127,029.
The agreed SKPKB amount was Rp66 and was paid on September 29, 2022, while
the disputed amount of Rp126,963 was paid on November 24, 2022, and
recorded as part of Other Receivables (Note 17).
Objection Letter against the disputed SKPKB was submitted on November 30,
2022, with a disputed amount of Rp118,106 for Corporate Income Tax and Rp8,857
for VAT.
The Objection Decision for Corporate Income Tax and VAT was received by the
Bank on October 20, 2023, with a partial approval for Corporate Income Tax,
reducing the disputed amount to Rp118,374, while the VAT objection was fully
rejected.
The Bank submitted an Appeal Letter against the Objection Decision on
Corporate Income Tax and VAT on January 8, 2024. The hearing process has
been completed, and the Bank is awaiting for the Tax Court Decision. The
management believes that the Tax Court will approve the appeal submitted by
the Bank.
187
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 881
Page 884
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2016 PPh Surat Perintah Pemeriksaan Pajak dikeluarkan pada November 2019 untuk
Badan/ seluruh jenis pajak. SKPKB untuk PPh Pasal 21, 23, 26, 4(2) Final, PPh Badan & PPN
CIT diterbitkan pada 30 November 2020, dengan total kurang bayar pajak
PPh 21/ (termasuk denda dan bunga) sebesar total Rp279.818.
Income
Tax Jumlah SKPKB yang disetujui adalah Rp1.502 dan dibayar pada 29 Desember
Article 21 2020; sedangkan jumlah yang tidak disetujui adalah Rp278.317, dibayar pada 25
PPh 21 Februari 2021 dan dicatat sebagai bagian dari Tagihan Lainnya (catatan 17).
Final/
Income Surat Keberatan atas SKPKB yang tidak disetujui diajukan pada tanggal 25
Tax Februari 2021, dengan nilai sengketa: Rp249.950 untuk PPh Badan, Rp1.383 untuk
Article 21 PPh 21, Rp1.005 untuk PPh 21 Final dan Rp25.979 untuk PPN.
Final
PPN/VAT Pada Desember 2021 dan Januari 2022, Bank menerima putusan keberatan, di
mana Kantor Pajak menerima keberatan PPh Badan sejumlah Rp12.295, PPh 21
Final Rp532 dan menolak sisanya sebesar Rp265.490.
Surat Banding atas Keputusan Keberatan PPh 21, PPh Badan dan PPN diajukan
Bank pada 24 Maret 2022. Pada Desember 2023, Bank telah menerima putusan
Pengadilan Pajak dengan mengabulkan seluruhnya untuk PPh 21, mengabulkan
sejumlah Rp22.090 dan menolak sejumlah Rp794 untuk PPN.
Pada September 2025 Bank telah menerima putusan Pengadilan Pajak untuk
PPh Badan dengan mengabulkan sejumlah Rp230.621 dan mempertahankan
sejumlah Rp7.033 terkait koreksi imbalan natura dan biaya promosi. Saat ini
Bank masih menunggu proses pengembalian pajak dari Kantor Pajak.
Atas Putusan Banding untuk PPh 21 dan PPN yang telah dikabulkan Pengadilan
Pajak, Kantor Pajak telah mengajukan permohonan Peninjauan Kembali pada
tanggal 8 Maret 2024 dan Bank telah menyampaikan Kontra Memori PK untuk
PPh 21 dan PPN tersebut pada 18 April 2024. Manajemen berpendapat bahwa
Mahkamah Agung akan menolak permohonan Peninjauan Kembali yang
diajukan Kantor Pajak.
Pada September 2025, Bank telah menerima putusan Pengadilan Pajak untuk
PPh Badan dengan jumlah disetujui sebesar Rp229.961 dan jumlah yang tidak
disetujui sebesar Rp7.033. Atas putusan Pengadilan yang tidak disetujui, Bank
telah mengajukan permohonan memori Peninjauan Kembali pada tanggal
25 November 2025. Manajemen berpendapat bahwa Mahkamah Agung akan
menerima permohonan Peninjauan Kembali yang diajukan Kantor Pajak.
882 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
188
Page 885
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2016 PPh Badan/ Atas Putusan Banding untuk PPh Badan yang telah dikabulkan Pengadilan
(lanjutan/ CIT Pajak, Kantor Pajak telah mengajukan permohonan Peninjauan Kembali pada
continued) PPh 21/ tanggal 28 November 2025, dan Bank telah menyampaikan Kontra Memori PK
Income Tax untuk PPh Badan tersebut pada 24 Desember 2025. Manajemen berpendapat
Article 21 bahwa Mahkamah Agung akan menolak permohonan Peninjauan Kembali
PPh 21 yang diajukan Kantor Pajak.
Final/
Income Tax Tax Audit Notification Letter issued on November 2019 for all types of taxes.
Article 21 The Tax Assessment Letters (SKPKB) for Article 21, 23, 26, and Final Article 4(2)
Final Income Taxes, Corporate Income Tax, and VAT were issued on November 30,
PPN/VAT 2020, with a total underpaid tax amount (including penalties and interest) of
Rp279,818.
The agreed SKPKB amount was Rp1,502 and was paid on December 29, 2020,
while the disputed amount of Rp278,317 was paid on February 25, 2021, and
recorded as part of Other Receivables (Note 17).
The Tax Objection Letter for the disputed SKPKB was submitted on February
25, 2021, with the following disputed amounts: Rp249,950 for Corporate
Income Tax, Rp1,383 for Article 21 Income Tax, Rp1,005 for Final Article 21 Income
Tax, and Rp25,979 for VAT.
On December 2021 and January 2022, the Bank received the tax objection
decision, whereby tax office agreed on Rp12,295 of corporate income tax,
Rp532 of Art.21 Final and rejected the other Rp265,490.
On March 24, 2022, the Bank submitted appeal letters on the rejected
corporate income tax, Article 21 and VAT objection decision. In December
2023, the bank received the decision whereby tax court accepted all the
Income Tax Article 21 appeal, accepted Rp22,090 and rejected Rp794 of the
VAT appeal.
On September, 2025, the Bank received the Tax Court decision on the
Corporate Income Tax case, accepted Rp230,621 and rejected Rp7,033 related
to fiscal correction on benefits in kind and promotion expenses. The Bank is
still awaiting the tax refund process from the Tax Office.
Upon the agreed Tax Court’s decision on the Income Tax Article 21 and VAT
Appeal, the Tax Office filed a Judicial Review on March 8, 2024 and the Bank
already responded by submitting letters for Income Tax Article 21 and VAT on
April 18, 2024. The management believes that the Supreme Court will reject
the request for Judicial Review filed by the Tax Office.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 883
189
Page 886
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2016 PPh Badan/ In September 2025, the bank received Tax Court’s decision for Corporate
(lanjutan/ CIT Income Tax which accepted an amount of Rp229,961 and rejected Rp7,033.
continued) PPh 21/ Regarding the portion of the Tax Court's decision that was rejected, the Bank
Income Tax submitted a Judicial Review request for Corporate Income Tax amounting
Article 21 to IDR7,033 on November 25, 2025. The management believes that the
PPh 21 Final/ Supreme Court will approve the request for Judicial Review filed by the Tax
Income Tax Office.
Article 21
Final Upon the agreed Tax Court’s decision on Corporate Income Tax, the Tax
PPN/VAT Office filed a Judicial Review on November 28, 2025 and the Bank already
responded by submitting a counter-memorandum on December 24, 2025.
The management believes that the Supreme Court will reject the request for
Judicial Review filed by the Tax Office.
2015 PPh Badan/ Surat Perintah Pemeriksaan Pajak dikeluarkan pada Agustus 2016, untuk
CIT seluruh jenis pajak. SKPKB PPh Pasal 21, 23, 26, 4 ayat (2) Final, PPh Badan &
PPN/VAT PPN diterbitkan pada 27 dan 28 April 2017 dengan total kurang bayar pajak
PPh 4 (2)/ sebesar total Rp209.719 (termasuk denda dan bunga).
Income Tax
article 4 (2) Jumlah SKPKB yang disetujui adalah Rp47.458 dan dibayar pada 23 Mei 2017;
PPh 23/ sedangkan yang tidak disetujui adalah Rp162.261, dibayar pada 23 Mei 2017
Income Tax dan dicatat sebagai bagian dari Tagihan Lainnya (catatan 17).
Article 23
Surat Keberatan (sebanyak 5 surat) diajukan pada tanggal 26 Juli 2017,
PPh 26/
dengan total nilai sengketa: Rp162.261. Keputusan Keberatan atas PPh Pasal
Income Tax
23, 26, PPh Final Pasal 4(2), PPN dan PPh Badan diterima Bank pada Juni dan
Article 26
Juli 2018, dengan hasil Kantor Pajak menolak Surat Keberatan tersebut.
Surat Banding atas Keputusan Keberatan diajukan pada September dan
Oktober 2018. Putusan Pengadilan Pajak untuk PPh Pasal 23, 26, PPh Final
Pasal 4 (2), dan PPN diterima pada November 2021 dengan hasil menerima
sebagian besar permohonan Banding Bank.
Putusan Pengadilan Pajak untuk PPh Badan diterima pada Desember 2021,
dengan hasil menerima sebagian besar permohonan Banding dan jumlah
lebih bayar menjadi Rp117.006.
Atas putusan Pengadilan Pajak yang belum disetujui, Bank telah
mengajukan Peninjauan Kembali untuk PPh Badan sejumlah Rp69.719 pada
21 Maret 2022. Pada Desember 2024 Bank telah menerima putusan
Mahkamah Agung atas Peninjauan Kembali yang diajukan Bank untuk PPh
Badan dengan hasil menolak seluruhnya.
190
884 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 887
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2015 PPh Badan/ Atas putusan Pengadilan Pajak yang disetujui, Dirjen Pajak telah
(lanjutan/ CIT mengajukan permohonan Peninjauan Kembali dan Bank sudah
continued) PPN/VAT menyampaikan Kontra Memori PK untuk putusan PPh Final Pasal 4 (2) dan
PPh 4 (2)/ PPN pada 6 April 2022, serta PPh Badan pada 27 April 2022. Pada November
Income Tax 2022 Bank telah menerima putusan Mahkamah Agung atas Peninjauan
article 4 (2) Kembali yang diajukan Dirjen Pajak untuk PPN dengan hasil menolak
PPh 23/ seluruhnya. Pada Januari 2023 Bank telah menerima putusan Mahkamah
Income Tax Agung atas Peninjauan Kembali yang diajukan Dirjen Pajak untuk PPh Final
Article 23 Pasal 4 (2) dengan hasil menolak seluruhnya. Pada Desember 2024 Bank
PPh 26/ telah menerima putusan Mahkamah Agung atas Peninjauan Kembali yang
Income Tax diajukan Dirjen Pajak untuk PPh Badan dengan hasil menolak seluruhnya.
Article 26 Keputusan Mahkamah Agung atas PPN, PPh Final Pasal 4 (2) dan PPh Badan
ini merupakan keputusan akhir dan mengikat. Sebagai tindak lanjut atas
keputusan tersebut, pada 26 November 2025, Bank menerima
pengembalian STP PPN sejumlah Rp3.886.
Tax Audit Notification Letter issued in August 2016 for all types of taxes. SKPKB
for Article 21, 23, 26 Income Tax, Final Article 4(2) Income Tax, Corporate
Income Tax, and VAT were issued on April 27 and 28, 2017, with a total
underpaid tax amount of Rp209,719 (including penalties and interest).
The approved SKPKB amount was Rp47,458, which was paid on May 23, 2017,
while the disputed amount was Rp162,261, which was also paid on May 23,
2017, and recorded as part of Other Receivables (Note 17).
Five Objection Letters were submitted on July 26, 2017, with a total disputed
amount of Rp162,261. The Bank received the Objection Decisions for Article
23, 26 Income Tax, Final Article 4(2) Income Tax, VAT, and Corporate Income
Tax in June and July 2018, with the Tax Office rejecting the objections.
Appeal Letters against the Objection Decisions were submitted in
September and October 2018. The Tax Court's decision for Article 23, 26
Income Tax, Final Article 4(2) Income Tax, and VAT was received in
November 2021, with the court granting most of the Bank's appeal.
The Tax Court's decision for Corporate Income Tax was received in
December 2021, with the court granting most of the Bank's appeal, resulting
in an overpayment of Rp117,006.
Regarding the portion of the Tax Court's decision that was not granted, the
Bank submitted a Judicial Review request for Corporate Income Tax
amounting to Rp69,719 on March 21, 2022. In December 2024, the Bank
received the Supreme Court’s decision on the Judicial Review request for
Corporate Income Tax, which was entirely rejected.
191
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 885
Page 888
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2015 PPh Badan/ Regarding the Tax Court’s decision that was granted, the Directorate
(lanjutan/ CIT General of Taxes submitted a Judicial Review request, and the Bank already
continued) PPN/VAT responded by submitting letters for the Final Article 4(2) Income Tax and
PPh 4 (2)/ VAT decisions on April 6, 2022, and for Corporate Income Tax on April 27,
Income Tax 2022. In November 2022, the Bank received the Supreme Court’s decision on
article 4 (2) the Judicial Review request submitted by the Directorate General of Taxes
PPh 23/ for VAT, which was entirely rejected. In January 2023, the Bank received the
Income Tax Supreme Court’s decision on the Judicial Review request submitted by the
Article 23 Directorate General of Taxes for Final Tax Article 4(2), which was entirely
PPh 26/ rejected. In December 2024, the Bank received the Supreme Court’s decision
Income Tax on the Judicial Review request submitted by the Directorate General of
Article 26 Taxes for Corporate Income Tax, which was entirely rejected. The Supreme
Court’s decision regarding this VAT, Final Tax Article 4 (2) and Corporate
Income Tax is final and binding. As of follow up to the above decision, on
November 26, 2025, the Bank received refund of VAT STP amounting to
Rp3,886.
2014 PPh Badan/ Kantor Pajak telah mengeluarkan Surat Perintah Pemeriksaan Pajak kepada
CIT Bank untuk tahun pajak 2014 (semua jenis pajak) dan Bank telah menerima
PPN/VAT Surat Ketetapan Pajak (“SKPKB”) atas PPh Badan, PPh Pasal 21, 23, 23/26, PPh
Pasal 4(2) Final dan PPN di bulan Juli 2018 sebesar Rp84.285 (termasuk
denda dan bunga). Bank telah melakukan pembayaran atas seluruh nilai
SKPKB tersebut dan mencatat pembayaran tersebut sebagai bagian dari
tagihan lainnya (Catatan 17) setelah dikurangi dengan bagian pajak telah
disetujui oleh Bank sebesar Rp10.183.
Bank telah menyampaikan keberatan atas temuan yang tidak disetujui
sebesar Rp74.102 untuk PPN dan PPh Badan pada tanggal 24 dan 26 Oktober
2018. Bank telah menerima putusan atas pengajuan keberatan PPh Badan
pada tanggal 26 Agustus 2019, di mana kantor pajak menolak seluruh
keberatan tersebut.
Di bulan September 2019, Bank telah menerima putusan atas pengajuan
keberatan PPN di mana Kantor Pajak mengabulkan sebagian surat
keberatan PPN tersebut.
Bank telah mengajukan surat banding ke Pengadilan Pajak untuk PPh Badan
pada Agustus 2019; dan untuk PPN pada Desember 2019. Pada Maret 2023
Bank menerima putusan Pengadilan Pajak atas PPN dengan hasil
dikabulkan seluruhnya. Pada Desember 2023, Bank menerima putusan
Pengadilan Pajak atas PPh Badan dengan hasil dikabulkan sebagian.
886 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
192
Page 889
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2014 PPh Badan/ Atas putusan Pengadilan Pajak yang tidak disetujui, Bank telah mengajukan
(lanjutan/ CIT Peninjauan Kembali untuk PPh Badan sejumlah Rp23.845 pada 26 Januari
continued) PPN/VAT 2024. Pada Januari 2025 Bank telah menerima putusan Mahkamah Agung
atas Peninjauan Kembali yang diajukan Bank untuk PPh Badan dengan hasil
menolak seluruhnya.
Atas putusan Pengadilan Pajak yang disetujui, Dirjen Pajak mengajukan
Peninjauan Kembali, dan Bank sudah menyampaikan Kontra Memori PK
untuk PPN pada tanggal 12 Juli 2023. Pada 8 Maret 2024 Bank telah
menerima putusan Mahkamah Agung atas Peninjauan Kembali yang
diajukan Dirjen Pajak untuk PPN dengan hasil menolak seluruhnya.
Keputusan Mahkamah Agung atas PPN ini merupakan keputusan akhir dan
mengikat. Sebagai tindak lanjut atas keputusan tersebut, pada 26
November 2025, Bank menerima pengembalian STP PPN sejumlah Rp3.450.
Pada 19 Februari 2024, Dirjen Pajak mengajukan Peninjauan Kembali atas
putusan PPh Badan yang disetujui Pengadilan Pajak, dan Bank sudah
menyampaikan Kontra Memori PK untuk PPh Badan tersebut pada tanggal
21 Maret 2024. Pada 3 November 2025 Bank telah menerima putusan
Mahkamah Agung atas Peninjauan Kembali yang diajukan Dirjen Pajak
untuk PPh Badan dengan hasil menolak seluruhnya.
Tax Office had issued Tax Audit Notification Letter to the Bank for the 2014
fiscal year (all types of taxes). The Bank has received Tax Assessment Letter
(“SKPKB”) on Corporate Income Tax, Income Tax Articles 21, 23, 23/26, Final
Income Tax Article 4(2) and VAT in July 2018 amounting to Rp84,285
(including penalties and interests). Bank has already paid the
underpayment and had recorded that payment as part of other receivables
(Note 17) after deducted with part which already agreed by Bank amounting
to Rp10,183.
The Bank has filed objection letters upon disputed amounting to Rp74,102 on
VAT and Corporate Income Tax dated October 24 and 26, 2018. Bank already
received the tax objection decision on Corporate Income Tax on August 26,
2019, whereby Tax Office rejected the objection letters.
In September 2019, the Bank already received the tax objection decision on
VAT, whereby Tax Office partially granted the objection letters.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 887
193
Page 890
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2014 PPh Badan/ Bank already submitted appeal letters to Tax Court for Corporate Income
(lanjutan/ CIT Tax in August 30, 2019, and for VAT in December 2019. In March 2023, the
continued) PPN/VAT Bank received the Tax Court decision for VAT with the results fully accepted.
In December 2023, the Bank received the Tax Court decision for Corporate
Income Tax with the results partially accepted.
Regarding the Tax Court decision that was not accepted, the Bank
submitted a Judicial Review request for Corporate Income Tax amounting
to Rp23,845 on January 26, 2024. In January 2025, the Bank has received the
Supreme Court's decision which fully rejected the Judicial Review submitted
by the Bank for Corporate Income Tax.
Regarding the Tax Court decision that was accepted, the Directorate
General of Taxes filed a Judicial Review, and the Bank already responded by
submitting letters for VAT on July 12, 2023. In March 8, 2024, the Bank received
the Supreme Court’s decision on the Judicial Review filed by the Directorate
General of Taxes for VAT, with the request entirely rejected. The Supreme
Court’s decision regarding this VAT is final and binding. As a follow up to the
above decision, on November 26, 2025, the Bank received a refund of VAT
STP amounting to Rp3,450.
In February 19, 2024, the Directorate General of Taxes filed a Judicial Review
for the Tax Court’s decision on Corporate Income Tax, and the Bank already
responded by submitting letters for Corporate Income Tax on March 21,
2024. In November 3, 2025, the Bank received the Supreme Court’s decision
on the Judicial Review filed by the Directorate General of Taxes for
Corporate Income Tax, with the request entirely rejected.
2013 PPh Badan/ Kantor Pajak telah mengeluarkan Surat Perintah Pemeriksaan Pajak kepada
CIT Bank untuk tahun pajak 2013 (semua jenis pajak) dan Bank telah menerima
PPN/VAT Surat Ketetapan Pajak Kurang Bayar (“SKPKB”) atas Pajak Penghasilan
(“PPh”) Badan, dan Pajak Pertambahan Nilai (“PPN”) tertanggal 27 Desember
2017 sebesar Rp70.951 (termasuk denda dan bunga). Bank telah melakukan
pembayaran atas seluruh nilai SKPKB tersebut dan mencatat pembayaran
tersebut sebagai bagian dari tagihan lainnya (Catatan 17) setelah dikurangi
dengan bagian pajak telah diakui oleh Bank sebesar Rp15.668.
Bank telah menyampaikan Surat Keberatan untuk temuan PPh Badan dan
PPN yang tidak disetujui pada tanggal 21 Maret 2018. Pada Maret 2019, Bank
telah menerima putusan keberatan yang menolak seluruh pengajuan
keberatan Bank.
Bank telah mengajukan banding atas putusan keberatan PPh Badan dan
PPN pada 31 Mei 2019. Pada Oktober 2021, Bank menerima putusan
Pengadilan Pajak atas PPh Badan dan PPN dengan hasil sebagian diterima
dan sebagian ditolak. Bank tidak menyetujui putusan ini.
194
888 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 891
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2013 PPh Badan/ Pada 27 Desember 2021 telah mengajukan Peninjauan Kembali ke
(lanjutan/ CIT Mahkamah Agung untuk putusan yang ditolak, yaitu sebesar Rp6.288 untuk
continued) PPN/VAT PPh Badan dan Rp5.935 untuk PPN. Pada Januari 2023 Bank telah menerima
putusan Mahkamah Agung atas Peninjauan Kembali yang diajukan Bank
untuk PPh Badan dengan hasil menolak seluruhnya. Pada Maret 2023 Bank
telah menerima putusan Mahkamah Agung atas Peninjauan Kembali yang
diajukan Bank untuk PPN dengan hasil menolak seluruhnya.
Atas putusan Pengadilan Pajak yang disetujui, Dirjen Pajak mengajukan
Peninjauan Kembali, dan Bank sudah menyampaikan Kontra Memori PK
untuk PPh Badan dan PPN pada tanggal 16 Februari 2022. Bank telah
menerima putusan Mahkamah Agung atas Peninjauan Kembali yang
diajukan Dirjen Pajak untuk PPh Badan dan PPN dengan hasil menolak
seluruhnya. Keputusan Mahkamah Agung atas PPN dan PPh Badan ini
merupakan keputusan akhir dan mengikat. Sebagai tindak lanjut atas
keputusan tersebut, pada 26 November 2025, Bank menerima
pengembalian STP PPN sejumlah Rp1.605.
The Tax Office issued a Tax Audit Notification Letter to the Bank for the 2013
fiscal year (all types of taxes). The Bank has received an Underpayment Tax
Assessment Letter ("SKPKB") for Corporate Income Tax and Value Added Tax
("VAT") dated December 27, 2017, amounting to Rp70,951 (including penalties
and interest). The Bank has already paid the SKPKB and recorded that
payment as part of other receivables (Note 17) after deducted with part
which already recognized by Bank amounting to Rp15,668.
The Bank submitted an Objection Letter for the disputed Corporate Income
Tax and VAT findings on March 21, 2018. In March 2019, the Bank received the
Objection Decision, which rejected the Bank's entire objection submission.
The Bank filed an appeal against the Objection Decision for Corporate
Income Tax and VAT on May 31, 2019. In October 2021, the Bank received the
Tax Court’s decision on Corporate Income Tax and VAT, with the result being
partially accepted and partially rejected. The Bank did not agree with this
decision.
In December 27, 2021, the Bank submitted a Judicial Review request to the
Supreme Court for the rejected amounts: Rp6,288 for Corporate Income Tax
and Rp5,935 for VAT. In January 2023, the Bank received the Supreme Court’s
decision on the Judicial Review for Corporate Income Tax, with the request
entirely rejected. In March 2023, the Bank received the Supreme Court’s
decision on the Judicial Review for VAT, with the request entirely rejected.
195
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 889
Page 892
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2013 PPh Badan/ Regarding the Tax Court’s decision that was accepted, the Directorate
(lanjutan/ CIT General of Taxes filed a Judicial Review, and the Bank already responded by
continued) PPN/VAT submitting letters for Corporate Income Tax and VAT on February 16, 2022.
The Bank received the Supreme Court’s decision on the Judicial Review filed
by the Directorate General of Taxes for Corporate Income Tax and VAT, with
the request entirely rejected. The Supreme Court’s decision regarding this
VAT and Corporate Income Tax is final and binding. As a follow up to the
above decision, on November 26, 2025, the Bank received a refund of VAT
STP amounting to Rp1,605.
2010 Kantor Pajak telah melakukan pemeriksaan untuk tahun 2008, 2009 dan 2010
dan menerbitkan Surat Ketetapan Pajak Kurang Bayar (“SKPKB”) atas Pajak
Penghasilan (“PPh”) Badan, PPh Pasal 21, 23 dan 26, PPh Final Pasal 4(2) dan
Pajak Pertambahan Nilai (“PPN”) tertanggal 30 Juli 2013 dan 31 Juli 2013
sebesar Rp371.094 untuk 2008, 16 Agustus 2013 dan 19 Agustus 2013 sebesar
2009 Rp274.398 untuk tahun 2009 dan 1 Agustus 2013 sebesar Rp264.538 untuk
PPh Badan/ tahun 2010 (termasuk denda dan bunga). Bank telah melakukan
CIT pembayaran atas seluruh nilai SKPKB tersebut (Catatan 17).
PPN/VAT
PPh 26/ Bank tidak menyetujui sebagian besar hasil keputusan di dalam SKPKB
2008 Income Tax tersebut dan telah menyampaikan 40 (empat puluh) Surat Keberatan
Article 26 sebesar Rp768.234 pada tanggal 28 Oktober 2013 dan 29 Oktober 2013 dan
PPh 4 (2)/ telah menerima kembali seluruh Surat Keputusan atas Keberatan dari
Income Tax Kantor Pajak terkait dengan Surat Keberatan Bank tersebut di mana Kantor
article 4(2) Pajak menyetujui keberatan Bank sebesar Rp27.490.
PPh 21/
Income Tax Bank telah menyampaikan 37 (tiga puluh tujuh) Surat Banding pada tanggal
Article 21 20 November 2014 dan 17 Desember 2014 untuk Surat Keputusan atas
Keberatan tersebut. Pada tahun 2020 Bank telah menerima seluruh Putusan
Pengadilan Pajak untuk PPh Badan, PPh Pasal 26 dan PPN untuk 3 Tahun
pajak ini.
890 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
196
Page 893
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2010 Untuk poin yang belum dikabulkan Pengadilan Pajak atas PPh Badan
(lanjutan/ Tahun 2008, 2009, 2010 serta PPN 2008 dan 2009, Bank telah mengirimkan
continued) Permohonan Peninjauan Kembali ke Mahkamah Agung. Bank telah
menerima putusan Mahkamah Agung untuk PPh Badan, yaitu menerima
untuk tahun 2009 dan 2010 serta menolak untuk tahun 2008. Sementara
2009 pengajuan PK PPN ditolak olah Mahkamah Agung. Sampai dengan tanggal
(lanjutan/ PPh Badan/ laporan keuangan konsolidasian, Bank telah menerima sebagian
continued) CIT pengembalian atas kelebihan pajak yang sudah dibayar yaitu sebesar
PPN/VAT Rp613.783 pada tahun 2020. Atas sengketa PPh Pasal 26 yang telah
PPh 26/ dikabulkan seluruhnya oleh Pengadilan Pajak, Kantor Pajak telah
2008 Income Tax menyampaikan Kontra Memori Peninjauan Kembali kepada Mahkamah
(lanjutan/ Article 26 Agung. Bank telah menerima putusan Mahkamah Agung atas Peninjauan
continued) PPh 4 (2)/ Kembali yang diajukan Dirjen Pajak untuk PPh Pasal 26 dengan hasil
Income Tax menolak seluruhnya. Keputusan Mahkamah Agung atas ini merupakan
article 4(2) keputusan akhir dan mengikat.
PPh 21/
Income Tax Atas Putusan Banding untuk PPh Pasal 26 masa Septemberr 2008 yang
Article 21 telah dikabulkan Pengadilan Pajak, Kantor Pajak telah mengajukan
permohonan Peninjauan Kembali pada tanggal 24 Desember 2025, dan
Bank telah menyampaikan Kontra Memori PK untuk PPh Pasal 26 tersebut
pada 23 Desember 2025. Manajemen berpendapat bahwa Mahkamah
Agung akan menolak permohonan Peninjauan Kembali yang diajukan
Kantor Pajak.
The Tax Office conducted audits for the 2008, 2009, and 2010 fiscal years
and issued Underpayment Tax Assessment Letters ("SKPKB") for Corporate
Income Tax ("PPh Badan"), Article 21, 23, and 26 Income Tax, Final Income
Tax under Article 4(2), and Value Added Tax ("PPN") on July 30, 2013, and
July 31, 2013, amounting to Rp371,094 for 2008; August 16, 2013, and August
19, 2013, amounting to Rp274,398 for 2009; and August 1, 2013, amounting
to Rp264,538 for 2010 (including penalties and interest). The Bank has fully
paid the SKPKB amounts (Note 17).
The Bank disagreed with most of the SKPKB decisions and submitted 40
(forty) Objection Letters amounting to Rp768,234 on October 28, 2013, and
October 29, 2013. The Bank received all Objection Decisions from the Tax
Office, which approved only Rp27,490 of the objections.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 891
197
Page 894
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Tahun Jenis Pajak/ Status/Status
Pajak/ Tax Type
Fiscal
Year
2010 The Bank submitted 37 (thirtyseven) Appeal Letters on November 20, 2014,
(lanjutan/ and December 17, 2014, against the Objection Decisions. In 2020, the Bank
continued) received all Tax Court decisions for Corporate Income Tax, Article 26
Income Tax, and VAT for the three fiscal years.
2009 PPh Badan/ For the points not granted by the Tax Court regarding Corporate Income
(lanjutan/ CIT Tax for 2008, 2009, and 2010, as well as VAT for 2008 and 2009, the Bank
continued) PPN/VAT submitted a Judicial Review request to the Supreme Court. The Supreme
PPh 26/ Court ruled in favor of the Bank for Corporate Income Tax in 2009 and 2010
Income Tax but rejected the request for 2008. Meanwhile, the Judicial Review request
2008 Article 26 for VAT was entirely rejected. As of the date of the consolidated financial
(lanjutan/ PPh 4 (2)/ statements, the Bank has received a partial tax refund of Rp613,783 in 2020.
continued) Income Tax Regarding the Article 26 Income Tax dispute, which was fully granted by
article 4(2) the Tax Court, the Tax Office submitted a CounterMemorandum for
PPh 21/ Judicial Review to the Supreme Court. The Bank has received the Supreme
Income Tax Court’s decision on the Judicial Review filed by the Director General of
Article 21 Taxes for Article 26 Income Tax, which was entirely rejected. The Supreme
Court’s decision is final and binding.
Upon the agreed Tax Court’s decision on Article 26 Income Tax, the Tax
Office filed a Judicial Review on November 24, 2025 and the Bank
already responded by submitting a counter-memorandum on
December 23, 2025. The management believes that the Supreme Court
will reject the request for Judicial Review filed by the Tax Office.
198
892 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 895
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
WOM WOM
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2023 PPh Pada tanggal 6 Januari 2026, entitas anak menerima Surat Pemberitahuan
Badan/CIT Pemeriksaan Lapangan nomor PRIN-14/RIKSIS/KPP.1901/2026 tentang
PPN/VAT pemeriksaan lapangan untuk semua jenis pajak tahun pajak 2023.
Sampai dengan tanggal laporan keuangan diterbitkan, entitas anak belum
menerima putusan dari Kantor Pajak.
On January 6, 2026, the subsidiary received Field Examination Notification
Letter number PRIN-14/RIKSIS/KPP.1901/2026 regarding field examination for all
taxes for fiscal year 2023.
Up to the issuance date of the financial statements, the subsidiary has not
received decision from the Tax Office.
2018 PPh Pada tanggal 17 April 2020, entitas anak (WOM) menerima Surat Ketetapan
Badan/CIT Pajak (“SKP”) atas pemeriksaan pajak tahun 2018 untuk Pajak Penghasilan
PPN/VAT (“PPh”) Badan, Pajak Penghasilan Pasal 21 (“PPh Pasal 21”), Pajak Penghasilan
Pasal 23 (“PPh Pasal 23”), Pajak Penghasilan Pasal 4.2 (“PPh Pasal 4.2”), dan
Pajak Pertambahan Nilai (“PPN”). Berdasarkan SKP tersebut, kantor pajak
menetapkan kurang bayar pajak dengan jumlah keseluruhan sebesar
Rp17.672 dan telah dibayarkan seluruhnya oleh entitas anak.
Atas ketetapan kurang bayar PPN sebesar Rp5.364 dan PPh Badan sebesar
Rp5.936, entitas anak mengajukan keberatan dengan hasil kantor pajak
menolak seluruhnya keberatan PPN sebesar Rp5.364 dan menerima sebagian
PPh Badan sebesar Rp1.401.
Atas hasil keberatan pajak yang ditolak atas PPN sebesar Rp5.364 dan PPh
Badan sebesar Rp4.514, entitas anak mengajukan banding.
Pada tanggal 11 Oktober 2023, entitas anak menerima Surat Keputusan
Pengadilan Pajak atas ketatapan kurang bayar PPN masa Desember 2018 dan
PPh Badan yang isinya mengabulkan seluruhnya permohonan banding
entitas anak.
Entitas anak telah menerima Surat Keputusan Peninjauan Kembali
Mahkamah Agung atas Surat Ketetapan Kurang Bayar PPh Badan tahun 2018
dan Surat Ketetapan Kurang Bayar PPN masa Desember 2018 tanggal
18 September 2024 dan 16 Oktober 2024 yang isinya menolak seluruhnya
permohonan peninjauan kembali yang diajukan oleh DJP. Entitas anak telah
mengajukan permohonan pengembalian STP atas Surat Ketetapan Kurang
Bayar PPN masa Desember 2018 sebesar Rp691 dan masih menunggu
pengembalian dari kantor pajak. Permohonan pengembalian pajak tersebut
telah dicatat sebagai taksiran tagihan pajak pada aset lain-lain. Keputusan
Mahkamah Agung ini merupakan keputusan yang akhir dan mengikat.
199
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 893
Page 896
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
WOM (lanjutan) WOM (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2018 PPh On April 17, 2020, the subsidiary (WOM) received Tax Assessment Letters for
(lanjutan/ Badan/CIT fiscal year 2018 for Corporate Income Tax (“CIT”), Income Tax Article 21,
continued) PPN/VAT Income Tax Article 23, Income Tax Article 4.2, and Value Added Tax (“VAT”).
Based on the Assessment Letters, the tax office confirmed the underpayment
of tax with aggregating amount to Rp17,672 and has been fully paid by
subsidiary.
For the underpayment assessment of VAT amounting to Rp5,364 and the CIT
amounting to Rp5,936, the subsidiary submitted tax objection with the result
that the tax office rejected the VAT objection amounting to Rp5,364 and
partially agreed on CIT objection amounting to Rp1,401.
On the rejected result for VAT amounting to Rp5,364 dan CIT amounting to
Rp4,514, the subsidiary filed an appeal.
On October 11, 2023, the subsidiary received Tax Court Decision Letter on VAT
Underpayment Assessment Letter period December 2018 and CIT which is
fully granting the subsidiary’s appeal.
The subsidiary has received The Supreme Court Judicial Review Decision
Letter on CIT Underpayment Assessment Letter year 2018 and VAT
Underpayment Assessment Letter period December 2018 dated
September 18, 2024 and October 16, 2024 which is fully rejected the judicial
review filed by the DJP. The subsidiary has filed refund of STP on VAT
Underpayment Assessment Letter period December 2018 amounted to Rp691
and still awaiting refund from the tax office. Those tax refund request is
recorded as claim for tax refund in other assets. This Supreme Court decision
is final and binding.
894 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
200
Page 897
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
WOM (lanjutan) WOM (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2017 PPh Pada tanggal 11 Januari 2022, entitas anak menerima Surat Ketetapan Pajak
Badan/CIT (“SKP”) atas pemeriksaan pajak tahun 2017 untuk Pajak Penghasilan (“PPh”)
Badan, Pajak Penghasilan Pasal 21 (“PPh Pasal 21”), Pajak Penghasilan Pasal 23
(“PPh Pasal 23”), Pajak Penghasilan Pasal 4.2 (“PPh Pasal 4.2”), dan Pajak
Pertambahan Nilai (“PPN”). Berdasarkan SKP tersebut, kantor pajak
menetapkan kurang bayar pajak dengan jumlah keseluruhan sebesar
Rp45.914 dan telah dibayarkan seluruhnya oleh entitas anak.
Atas ketetapan kurang bayar PPh Badan sebesar Rp39.326, entitas anak
mengajukan keberatan dengan hasil kantor pajak hanya menyetujui
keberatan pajak tersebut sebesar Rp2.980. Atas hasil keberatan pajak yang
ditolak sebesar Rp36.346, entitas anak mengajukan banding. Pembayaran SKP
atas PPh badan tersebut telah dicatat sebagai taksiran tagihan pajak pada
aset lain-lain.
Sampai dengan tanggal laporan keuangan diterbitkan, entitas anak belum
menerima putusan dari Pengadilan Pajak.
On January 11, 2022, the subsidiary received Tax Assessment Letters for fiscal
year 2017 for Corporate Income Tax (“CIT”), Income Tax Article 21, Income Tax
Article 23, Income Tax Article 4.2, and Value Added Tax (“VAT”). Based on the
Assessment Letters, the tax office confirmed the underpayment of tax with
aggregating amount to Rp45,914 and has been fully paid by subsidiary.
For the CIT underpayment assessment amounting to Rp39,326, the subsidiary
submitted tax objection with the result that the tax office only partially agreed
the objection amounting to Rp2,980. On the rejected result amounted
Rp36,346, the subsidiary filed an appeal. Those CIT underpayment is recorded
as claim for tax refund in other assets.
Up to the issuance date of the financial statements, the subsidiary has not
received decision from the Tax Court.
2016 PPN/VAT Pada tanggal 18 Desember 2019, entitas anak menerima Surat Ketetapan Pajak
(“SKP”) atas pemeriksaan pajak tahun 2016 untuk Pajak Penghasilan (“PPh”)
Badan, Pajak Penghasilan Pasal 21 (“PPh Pasal 21”), Pajak Penghasilan Pasal 23
(“PPh Pasal 23”), Pajak Penghasilan Pasal 4.2 (“PPh Pasal 4.2”) dan Pajak
Pertambahan Nilai (“PPN”). Berdasarkan SKP tersebut, kantor pajak
menetapkan kurang bayar pajak dengan jumlah keseluruhan sebesar
Rp26.671 dan telah dibayarkan seluruhnya oleh entitas anak pada tanggal 20
Desember 2019.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 895
201
Page 898
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
WOM (lanjutan) WOM (continued)
Tahun Jenis Status/Status
Pajak/ Pajak/
Fiscal Tax Type
Year
2016 PPN/VAT Atas ketetapan kurang bayar PPN sebesar Rp5.224, entitas anak mengajukan
(lanjutan/ keberatan dengan hasil kantor pajak menolak seluruhnya keberatan PPN yang
continued) diajukan entitas anak. Atas hasil keberatan pajak yang ditolak, entitas anak
mengajukan banding.
Pada tanggal 11 Oktober 2023, entitas anak menerima Surat Keputusan
Pengadilan Pajak atas Surat Ketetapan Kurang Bayar PPN masa Desember
2016 yang isinya mengabulkan seluruhnya permohonan banding entitas
anak.
Entitas anak telah menerima Surat Keputusan Peninjauan Kembali tanggal
16 Oktober 2024 yang isinya menolak seluruhnya permohonan peninjauan
kembali yang diajukan DJP. Keputusan Mahkamah Agung ini merupakan
keputusan yang akhir dan mengikat. Berdasarkan Keputusan Peninjauan
Kembali tersebut Perusahaan telah mengajukan permohonan pengembalian
Surat Tagihan Pajak (“STP”) atas Surat Ketetapan Kurang Bayar PPN masa
Desember 2016 sebesar Rp622 dan masih menunggu pengembalian dari
kantor pajak. Permohonan pengembalian pajak tersebut telah dicatat
sebagai taksiran tagihan pajak pada aset lain-lain.
On December 18, 2019, the subsidiary received Tax Assessment Letters for fiscal
year 2016 for Corporate Income Tax (“CIT”), Income Tax Article 21, Income Tax
Article 23, Income Tax Article 4.2, and Value Added Tax (“VAT”). Based on the
Assessment Letters, the tax office confirmed the underpayment of tax with
aggregating amount to Rp26,671 and has been fully paid by the subsidiary On
December 20, 2019.
For the VAT underpayment assessment of Rp5,224, the subsidiary submitted
tax objection with the result that the tax offce rejected the subsidiary’s
objection. On the rejected result, the subsidiary filed an appeal.
On October 11, 2023, the subsidiary received Tax Court Decision Letter on VAT
Underpayment Assessment Letter period December 2016 which is fully
granting the subsidiary’s appeal.
The subsidiary has received a Judicial Review Decision Letter dated
October 16, 2024 which is fully rejected the judicial review filed by the DJP. This
Supreme Court decision is final and binding. Based on Judicial Review
Decision Letter the Company has filled refund of Tax Collection Letter (“STP”)
on VAT Underpayment Assessment Letter period December 2016 amounted to
Rp622 and still awaiting refund from the tax office. Those tax refund request
isrecorded as claim for tax refund in other assets.
896 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
202
Page 899
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
c. Aset dan liabilitas pajak tangguhan c. Deferred tax assets and liabilities
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, the details
rincian aset dan liabilitas pajak tangguhan of deferred tax assets and liabilities of the Bank
Bank dan entitas anaknya sebagai berikut: and subsidiaries are as follows:
31 Desember/December 31, 2025
Dikreditkan/
(dibebankan)
ke laporan Dibebankan
laba rugi ke ekuitas
konsolidasian/ konsolidasian/
Credited/ Charged to
(charged) to consolidated
consolidated statements
1 Januari/ statements of changes in 31 Desember/
07030000_01 January 1 of income equity December 31
Aset pajak tangguhan: Deferred tax assets:
Bank Bank
Keuntungan/(kerugian) yang belum Unrealized gains/(losses)
direalisasi atas perubahan on changes in fair value of
nilai wajar investasi keuangan financial investments measured
yang diukur pada nilai wajar melalui at fair value through other
penghasilan komprehensif lain - neto 102.658 - (192.233) (89.575) comprehensive income - net
Cadangan kerugian atas Allowance for possible
aset produktif losses on earning and
dan non-produktif 50.466 (33.724) - 16.742 non-earning assets
Penyisihan imbalan Allowance for employee
kerja karyawan 334.235 2.552 (20.723) 316.064 benefits
Cadangan bonus karyawan 67.058 (2.893) - 64.165 Allowance for employee bonuses
Penyusutan aset tetap (65.465) (14.787) - (80.252) Fixed assets depreciation
Lain-lain 83.592 (33.367) - 50.225 Others
572.544 (82.219) (212.956) 277.369
Entitas anak Subsidiaries
Penyisihan imbalan Allowance for employee
kerja karyawan 28.701 5.018 (8.242) 25.477 benefits
Cadangan kerugian Allowance for impairment
penurunan nilai (3) - - (3) losses
Cadangan bonus karyawan 9.211 (428) - 8.783 Allowance for employee bonuses
Penyusutan aset tetap (5.229) 1.318 - (3.911) Fixed assets depreciation
Lain-lain 7.852 9.012 - 16.864 Others
40.532 14.920 (8.242) 47.210
Jumlah aset pajak tangguhan 613.076 (67.299) (221.198) 324.579 Total deferred tax assets
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 897
203
Page 900
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
c. Aset dan liabilitas pajak tangguhan (lanjutan) c. Deferred tax assets and liabilities (continued)
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, the details
rincian aset dan liabilitas pajak tangguhan of deferred tax assets and liabilities of the Bank
Bank dan entitas anaknya sebagai berikut: and subsidiaries are as follows: (continued)
(lanjutan)
31 Desember/December 31, 2024
Dikreditkan/ Dikreditkan/
(dibebankan) (dibebankan)
ke laporan ke ekuitas
laba rugi konsolidasian/
konsolidasian/ Credited/
Credited/ (charged) to
(charged) to consolidated
consolidated statements
1 Januari/ statements of changes in 31 Desember/
07030000_01 January of income equity December 31
Aset pajak tangguhan: Deferred tax assets:
Bank Bank
Keuntungan yang belum Unrealized gains
direalisasi atas perubahan on changes in fair value of
nilai wajar investasi keuangan financial investments measured
yang diukur pada nilai wajar melalui at fair value through other
penghasilan komprehensif lain - neto 50.557 - 52.101 102.658 comprehensive income - net
Cadangan kerugian atas Allowance for possible
aset produktif losses on earning and
dan non-produktif 188.552 (138.086) - 50.466 non-earning assets
Penyisihan imbalan Allowance for employee
kerja karyawan 309.027 44.453 (19.245) 334.235 benefits
Cadangan bonus karyawan 68.133 (1.075) - 67.058 Allowance for employee bonuses
Penyusutan aset tetap (42.622) (22.843) - (65.465) Fixed assets depreciation
Lain-lain 83.098 494 - 83.592 Others
656.745 (117.057) 32.856 572.544
Entitas anak Subsidiaries
Penyisihan imbalan Allowance for employee
kerja karyawan 25.779 4.342 (1.420) 28.701 benefits
Cadangan bonus karyawan Allowance for employee bonuses
Penyisihan kerugian 5.132 (5.135) - (3) Allowance for impairment
penurunan nilai 7.227 1.984 - 9.211 losses
Penyusutan aset tetap (5.290) 61 - (5.229) Fixed assets depreciation
Lain-lain 964 6.888 - 7.852 Others
33.812 8.140 (1.420) 40.532
Jumlah aset pajak tangguhan 690.557 (108.917) 31.436 613.076 Total deferred tax assets
Manajemen berkeyakinan bahwa aset pajak The management believes that the deferred
tangguhan yang timbul dari perbedaan tax assets that resulted from the temporary
temporer dapat direalisasikan pada periode differences are realizable in future periods.
mendatang.
898 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
204
Page 901
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. PAJAK PENGHASILAN (lanjutan) 24. INCOME TAX (continued)
d. Administrasi (lanjutan) d. Administration (continued)
Berdasarkan Undang-undang Perpajakan Under the prevailing Taxation Laws of
yang berlaku di Indonesia, Bank dan entitas Indonesia, the Bank and subsidiaries
anak menghitung, menetapkan dan calculates, determines and pays tax payable
membayar sendiri besarnya jumlah pajak based on self-assessment. The Directorate
yang terutang. Direktur Jenderal Pajak ("DJP") General of Taxes (“DGT”) may assess or
dapat menetapkan atau mengubah liabilitas amend taxes within five years from the time
pajak dalam batas waktu lima tahun sejak saat the tax becomes due for the fiscal year 2008
terutangnya pajak untuk tahun pajak 2008 dan and subsequent years.
tahun-tahun selanjutnya.
Perhitungan pajak penghasilan untuk tahun The income tax calculation for the years ended
yang berakhir pada tanggal 31 Desember 2025 December 31, 2025 and 2024 which uses
dan 2024 yang menggunakan penghasilan taxable income from the reconciliation result
kena pajak hasil rekonsiliasi sebagaimana as disclosed in Note 24b will be and has been
diungkapkan dalam Catatan 24b akan dan the basis in filing Annual Corporate Income Tax
telah menjadi dasar dalam pengisian Surat Return.
Pemberitahuan Tahunan (SPT) Pajak
Penghasilan Badan.
25. BEBAN YANG MASIH HARUS DIBAYAR DAN 25. ACCRUED EXPENSES AND OTHER LIABILITIES
LIABILITAS LAIN-LAIN
31 Desember/December 31
2025 2024
Rupiah Rupiah
Penyisihan imbalan kerja Provision for employee benefits
(Catatan 47b) 1.552.453 1.649.703 (Note 47b)
Beban yang masih harus dibayar 754.928 661.329 Accrued expenses
Liabilitas sewa 443.553 453.390 Lease liabilities
Bunga yang masih harus dibayar 147.010 192.973 Accrued interests
Cadangan atas kerugian kredit komitmen Expected credit loss allowance on
dan kontijensi (Catatan 32) 92.276 125.454 commitments and contigencies (Note 32)
Pendapatan diterima di muka 23.991 35.587 Deferred income
Setoran jaminan 21.551 16.397 Margin deposits
Lain-lain 300.734 425.287 Others
Sub-jumlah - Rupiah 3.336.496 3.560.120 Sub-total - Rupiah
Mata uang asing Foreign currencies
Bunga yang masih harus dibayar 43.374 82.956 Accrued interests
Cadangan atas kerugian kredit komitmen Expected credit loss allowance on
dan kontijensi (Catatan 32) 20.618 15.284 commitments and contigencies (Note 32)
Setoran jaminan 19.941 21.902 Margin deposits
Beban yang masih harus dibayar 18.440 21.357 Accrued expenses
Pendapatan diterima di muka 2.933 1.555 Deferred income
Lain-lain 6.164 41.447 Others
Sub-jumlah - Mata uang asing 111.470 184.501 Sub-total - Foreign currencies
Jumlah 3.447.966 3.744.621 Total
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 899
205
Page 902
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. BEBAN YANG MASIH HARUS DIBAYAR DAN 25. ACCRUED EXPENSES AND OTHER LIABILITIES
LIABILITAS LAIN-LAIN (lanjutan) (continued)
Pada tanggal 31 Desember 2025 dan 2024, beban As of December 31, 2025 and 2024, accrued
yang masih harus dibayar dan liabilitas lain-lain expenses and other liabilities with related parties
dengan pihak berelasi masing-masing sebesar amounted to Rp2,672 and Rp6,047, respectively
Rp2.672 dan Rp6.047 (Catatan 44). (Note 44).
Informasi mengenai jatuh tempo diungkapkan Information on maturities is disclosed in Note 53.
pada Catatan 53.
Pada tanggal 31 Desember 2025 dan 2024, liabilitas As of December 31, 2025 and 2024, other liabilities
lain-lain termasuk penyisihan liabilitas kontinjensi included a provision for contingent liabilities
adalah sebesar Rp127.781 dan Rp255.107. amounting to Rp127,781 and Rp255,107, respectively.
Mutasi jumlah tercatat liabilitas sewa: Movement of lease liabilities:
31 Desember/December 31
2025 2024
Saldo awal 453.390 528.247 Beginning balance
Penambahan selama tahun berjalan 119.163 64.455 Additions for the year
Penambahan bunga (Catatan 15b) 40.086 41.475 Accretion of interest (Note 15b)
Pembayaran (169.086) (180.787) Payments
Sub-jumlah 443.553 453.390 Sub-total
Dikurangi: Bagian yang jatuh tempo Less: Portion that will be due
dalam waktu satu tahun 1.561 29.574 within one year
Bagian jangka panjang 441.992 423.816 Long term portion
Informasi mengenai jatuh tempo terkait liabilitas Information on lease liabilities maturities is as
sewa adalah sebagai berikut: follows:
31 Desember/December 31
2025 2024
Rupiah Rupiah
≤ 1 bulan - 54 ≤ 1 month
> 1 bulan - 3 bulan - 40 > 1 month - 3 months
> 3 bulan - 6 bulan - 1.243 > 3 months - 6 months
> 6 bulan - 12 bulan 1.561 28.237 > 6 months - 12 months
> 12 bulan 441.992 423.816 > 12 months
443.553 453.390
900 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
206
Page 903
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. PINJAMAN SUBORDINASI 26. SUBORDINATED LOAN
31 Desember/December 31, 2025
Jangka waktu Suku bunga
(bulan)/ per tahun/
Wali amanat/ Jatuh tempo/ Tenor Interest rate Jumlah/
Trustee Maturity (in months) per annum Total
Rupiah Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Long Term Notes Subordinasi Subordinated Long Term Notes
Yang Dilakukan Tanpa Melalui Conducted Without Going Through
Penawaran Umum PT Bank PT Maybank Sekuritas 23 Agustus/ Public Offering PT Bank Maybank
Maybank Indonesia Tbk Tahun 2023 Indonesia August 23, 2033 120 7,90% 100.000 Indonesia Tbk Year 2023
Dikurangi: Beban emisi
obligasi yang belum Less: Unamortized bonds'
diamortisasi (479) issuance cost
Jumlah nilai tercatat 99.521 Total carrying amount
31 Desember/December 31, 2024
Jangka waktu Suku bunga
(bulan)/ per tahun/
Wali amanat/ Jatuh tempo/ Tenor Interest rate Jumlah/
Trustee Maturity (in months) per annum Total
Rupiah Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Long Term Notes Subordinasi Subordinated Long Term Notes
Yang Dilakukan Tanpa Melalui Conducted Without Going Through
Penawaran Umum PT Bank PT Maybank Sekuritas 23 Agustus/ Public Offering PT Bank Maybank
Maybank Indonesia Tbk Tahun 2023 Indonesia August 23, 2033 120 7,90% 100.000 Indonesia Tbk Year 2023
Dikurangi: Beban emisi
obligasi yang belum Less: Unamortized bonds'
diamortisasi (516) issuance cost
Jumlah nilai tercatat 99.484 Total carrying amount
Long Term Notes Subordinasi yang Dilakukan Subordinated Long Term Notes Conducted
Tanpa Melalui Penawaran Umum PT Bank Without Going Through Public Offering PT Bank
Maybank Indonesia Tbk Tahun 2023 (“LTN Maybank Indonesia Tbk Year 2023 (“Subordinated
Subordinasi) LTN”)
Pada tanggal 23 Agustus 2023, Bank menerbitkan On August 23, 2023, the Bank issued Subordinated
LTN Subordinasi sebesar Rp100.000 sebagaimana LTN amounting to Rp100,000 as stipulated in the
diatur dalam ketentuan Peraturan Otoritas Jasa Financial Services Authority (OJK) Regulation No.
Keuangan (OJK) No.39/POJK.04/2019 tentang 39/POJK.04/2019 concerning Issuance of Debt
Penerbitan Efek Bersifat Utang dan/atau Sukuk yang Securities and/or Sukuk which are conducted
dilakukan tanpa melalui penawaran umum dengan without going through a public offering with
tingkat bunga tetap sebesar 7,90% per tahun, bearing fixed interest rate at 7.90% per annum, with
berjangka waktu 10 (sepuluh) tahun sejak Tanggal 10 (ten) years tenor since Issuance Date.
Emisi.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 901
207
Page 904
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. PINJAMAN SUBORDINASI (lanjutan) 26. SUBORDINATED LOAN (continued)
Long Term Notes Subordinasi yang Dilakukan Subordinated Long Term Notes Conducted
Tanpa Melalui Penawaran Umum PT Bank Without Going Through Public Offering PT Bank
Maybank Indonesia Tbk Tahun 2023 (“LTN Maybank Indonesia Tbk Year 2023 (“Subordinated
Subordinasi) (lanjutan) LTN”) (continued)
Bunga LTN Subordinasi dibayarkan setiap 3 (tiga) The interest rate of the Subordinated LTN will be
bulan sesuai dengan tanggal pembayaran bunga paid on quarterly basis based on interest payment
LTN Subordinasi. Pembayaran bunga LTN date of the Subordinated LTN has been made on
Subordinasi pertama telah dilakukan pada tanggal November 23, 2023, while the last interest payment
23 November 2023, sedangkan pembayaran bunga of the Subordinated LTN and due date wll be made
LTN Subordinasi terakhir sekaligus jatuh tempo on August 23, 2033.
pokok LTN Subordinasi akan dilakukan pada
tanggal 23 Agustus 2033.
Pada saat penerbitan LTN Subordinasi dengan At the issuance of Subordinated LTN with reference
mengacu kepada ketentuan peraturan Otoritas to POJK No.11/POJK.03/2016 Article 19 (1) c dated
Jasa Keuangan (“POJK”) No.11/POJK.03/2016 Pasal 19 January 29, 2016 as last amanded through POJK
(1) c tanggal 29 Januari 2016 sebagaimana terakhir No.27 of 2022 on December 28, 2022 regarding
diubah melalui POJK No.27 tahun 2022 tanggal Minimum Capital Adequacy for Commercial Bank,
28 Desember 2022, tentang Kewajiban Penyediaan then Subordinated LTN was issued with write down
Modal Minimum (“KPMM”) Bank Umum, maka LTN mechanism feature. In relation to that write down
Subordinasi diterbitkan dengan memiliki fitur mechanism feature, if there is any Non Viability
mekanisme write down. Sehubungan dengan Event as stipulated by FSA, the Bank irrevocably,
adanya fitur mekanisme write down tersebut, maka without approval from the Subordinated LTN
dalam hal telah terjadi Peristiwa Terganggu holders or calling Subordinated LTN Holders General
Kelangsungan Usaha sebagaimana ditetapkan Meeting (“RUPLTN”), will conduct write down.
oleh OJK, Bank secara tidak dapat ditarik kembali,
tanpa memerlukan persetujuan dari pemegang LTN
subordinasi atau tanpa memanggil Rapat Umum
Pemegang LTN Subordinasi (“RUPLTN”), akan
melakukan write down.
Walaupun Bank akan senantiasa menjaga Although the Bank will always maintain its viability,
kelangsungan usahanya, namun di masa yang in the future the Bank may be stated as non viable
akan datang Bank dapat dinyatakan terganggu by FSA, in which the Bank has to conduct write down
kelangsungan usahanya oleh OJK, di mana kondisi of Subordinated LTN.
ini akan mengharuskan Bank untuk melakukan write
down atas LTN subordinasi yang telah diterbitkan.
Unuk keperluan perhitungan rasio Kewajiban For the purpose of Capital Adequacy Ratio (“CAR”)
Penyediaan Modal Minimum (“KPMM”), LTN calculation, the Subordinated LTN is included as
subordinasi di atas diperhitungkan sebagai modal supplementary capital after the Bank received
pelengkap setelah Bank menerima surat approval letter from FSA No.S-100/PB.32/2023 dated
persetujuan dari OJK No.S-100/PB.32/2023 tanggal October 6, 2023.
6 Oktober 2023.
902 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
208
Page 905
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. PINJAMAN SUBORDINASI (lanjutan) 26. SUBORDINATED LOAN (continued)
Long Term Notes Subordinasi yang Dilakukan Subordinated Long Term Notes Conducted
Tanpa Melalui Penawaran Umum PT Bank Without Going Through Public Offering PT Bank
Maybank Indonesia Tbk Tahun 2023 (“LTN Maybank Indonesia Tbk Year 2023 (“Subordinated
Subordinasi) (lanjutan) LTN”) (continued)
LTN Subordinasi ini tidak dijamin dengan jaminan Subordinated LTN is not guaranteed by any special
khusus dan tidak dijamin oleh pihak ketiga, guarantee and is not guaranteed by a third party,
termasuk tidak dijamin oleh Negara Republik including not guaranteed by the Republic of
Indonesia dan tidak dimasukkan dalam program Indonesia and is not included in the bank
penjaminan bank yang dilaksanakan oleh Lembaga guarantee program implemented by the Lembaga
Penjaminan Simpanan (LPS) atau lembaga Penjaminan Simpanan (LPS) or other guarantee
penjaminan lainnya sesuai dengan peraturan institutions are in accordance with applicable laws
perundang- undangan yang berlaku dan and regulations and are a subordinated obligation
merupakan kewajiban penerbit yang disubordinasi. of the issuer.
LTN Subordinasi ini tidak memiliki opsi untuk Subordinated LTN does not have a buy back option
pembelian kembali sampai dengan jatuh tempo until the Subordinated LTN matures. Under certain
LTN Subordinasi. Dalam kondisi tertentu conditions as intended in Article 5 of OJK Regulation
sebagaimana dimaksud Pasal 5 Peraturan OJK Number 30/POJK.04/2019, the Issuer is obliged to
Nomor 30/POJK.04/2019, Penerbit wajib melakukan buy back the Subordinated LTN even though it has
pembelian kembali LTN Subordinasi walau belum not reached 1 (one) year from the Issuance Date
mencapai 1 (satu) tahun dari Tanggal Penerbitan and must obtain prior approval from the RUPLTN.
dan wajib memperoleh persetujuan terlebih dahulu
dari RUPLTN.
Bank menerbitkan LTN subordinasi sebagai Modal The Bank issues Subordinated LTN as
Pelengkap (“Tier 2 Capital”) sebagaimana Complementary Capital (“Tier 2 Capital”) as
ditentukan dalam peraturan yang berlaku dan akan specified in applicable regulations and will be used
digunakan untuk penyaluran kredit serta untuk for credit distribution and to stregthen the long-
memperkuat struktur pendanaan jangka panjang. term funding structure.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 903
209
Page 906
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM 27. SHARE CAPITAL
a. Modal saham a. Share capital
Modal ditempatkan dan disetor penuh Bank The Bank’s issued and fully paid capital as of
pada tanggal 31 Desember 2025 dan 2024 December 31, 2025 and 2024 are as follows:
adalah sebagai berikut:
31 Desember/December 31, 2025
dan/and
31 Desember/December 31, 2024
Nilai nominal
24010000_01 (nilai penuh)/
Jumlah saham/ Nominal amount
Jenis saham Number of shares (full amount) Rp Types of shares
Saham Seri A 388.146.231 900,00 349.332 Series A Shares
Saham Seri B 8.891.200.000 225,00 2.000.520 Series B Shares
Saham Seri D 66.935.849.590 22,50 1.506.056 Series D Shares
Jumlah 76.215.195.821 3.855.908 Total
Susunan pemegang saham Bank pada The Bank’s shareholders as of December 31,
tanggal 31 Desember 2025 dan 2024, 2025 and 2024, based on the statement of PT
berdasarkan laporan dari Biro Administrasi Efek Sinartama Gunita, the shares registration
(BAE) - PT Sinartama Gunita adalah sebagai bureau (Biro Administrasi Efek (BAE)) are as
berikut: follows:
31 Desember/December 31, 2025
dan/and
31 Desember/December 31, 2024
Jumlah saham/
Pemegang saham % Number of shares Name of shareholder
Sorak Financial Holdings Pte. Ltd. 45,02 34.312.479.550 Sorak Financial Holdings Pte. Ltd.
Maybank Offshore Corporate Services Maybank Offshore Corporate Services
(Labuan) Sdn Bhd 33,96 25.882.393.996 (Labuan) Sdn Bhd
Vital Solution Fund 8,73 6.653.168.749 Vital Solution Fund
Masyarakat 12,29 9.367.153.526 Public
100,00 76.215.195.821
904 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
210
Page 907
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Semua saham yang diterbitkan oleh Bank, All shares issued by the Bank, i.e. Series A, Series
seperti Seri A, Seri B, Seri C dan Seri D adalah B, Series C and Series D are common shares,
saham biasa, kecuali untuk saham Seri C yang except for Series C, which have additional
memiliki hak tambahan. Di antara hak rights. Among those additional rights is that of
tambahan tersebut ialah hak untuk menerima preferential treatment if the Bank is liquidated.
sisa likuidasi Bank lebih dahulu.
Sejak tahun 2001, saham Bank telah Since 2001, the Bank’s shares have been traded
diperdagangkan dengan mekanisme on a scriptless mechanism.
“scriptless”.
Saham Seri C hanya dapat dimiliki oleh Negara Series C shares may only be owned by the
Republik Indonesia atau badan hukum yang Government of the Republic of Indonesia,
seluruh sahamnya dimiliki oleh Negara companies wholly-owned by the Government
Republik Indonesia atau badan hukum publik. of the Republic of Indonesia or public legal
Jika saham Seri C dijual atau dialihkan ke pihak entity. If any Series C shares are sold or
lain yang bukan merupakan badan hukum transferred to another party that is a non-
Pemerintah, saham tersebut akan berubah Government entity then such Series C shares
dengan sendirinya menjadi saham Seri B. will be converted automatically into Series B
shares.
Sejak tahun 2002, Pemerintah Republik Since 2002, the Government of the Republic of
Indonesia telah mencadangkan sejumlah Indonesia has provided certain of its Series C
tertentu saham Seri C yang dimilikinya untuk shares owned to be transferred to the holders
dialihkan kepada pemegang Sertifikat Bukti of Right Certificate (Sertifikat Bukti Hak - SBH)
Hak-SBH berdasarkan pengumuman Badan based on an announcement by the Indonesian
Penyehatan Perbankan Nasional tanggal 21 Bank Restructuring Agency on December 21,
Desember 2002. SBH ini diberikan oleh 2002. The SBH were provided by the
Pemerintah Republik Indonesia kepada pihak Government of the Republic of Indonesia to
yang telah mengambil bagian dalam parties that took a part of the purchase of
pembelian saham Seri B sehubungan dengan Series B shares related to the Bank’s
proses rekapitalisasi Bank di tahun 1999, di recapitalization process in 1999, wherein the
mana pemegang SBH berhak untuk menerima holders of SBH have a right to receive the
pembayaran pinjaman yang diklasifikasikan proceeds from loans classified as “loss”, which
sebagai “macet”, yang sebelumnya telah were transferred to the Indonesian Bank
dialihkan ke Badan Penyehatan Perbankan Restructuring Agency.
Nasional.
Berdasarkan hasil pelaksanaan penawaran Based on the results of Limited Public Offering
umum terbatas V dengan Hak Memesan Efek V with pre-emptive rights to the Bank’s
Terlebih Dahulu (“HMETD”), Bank telah shareholders, The Bank has added
menambah 6.253.554.529 lembar saham 6,253,554,529 shares with nominal value
dengan nilai nominal seluruhnya sebesar totaling Rp140,705 on April 26, 2010 and thus the
Rp140.705 pada tanggal 26 April 2010 dan total share capital issued and paid up
dengan demikian jumlah seluruh saham increased to become 56,281,990,760 shares.
ditempatkan dan disetor Bank meningkat
menjadi 56.281.990.760 lembar saham.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 905
211
Page 908
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Dengan dilaksanakannya PUT V dimaksud With the implementation of PUT V the capital
maka susunan permodalan dan pemegang structure and composition of shareholders
saham Bank per tanggal 21 April 2010 have been changed as of April 21, 2010 as
sebagaimana termuat dalam Akta Pernyataan stated in Minutes of Meeting Notarial Deed No.
Keputusan Rapat No. 42 tanggal 14 Mei 2010 42 dated May 14, 2010, notarized by Notary
yang dibuat dihadapan Poerbaningsih Adi Poerbaningsih Adi Warsito, S.H., in Jakarta and
Warsito, S.H., Notaris di Jakarta dan telah notified to Minister of Justice and Human
diberitahukan kepada Menteri Hukum dan Hak Rights of the Republic of Indonesia and has
Asasi Manusia Republik Indonesia, been acknowledged and registered under
serta telah diterima dan dicatat dibawah approval and acknowledgement notice
bukti penerimaan dan pemberitahuan No.AHU-AH.01.10-30430 dated November 26,
No.AHU-AH.01.10-30430 tanggal 26 November 2010 and has been recorded in Company List
2010 dan telah didaftarkan dalam Daftar Record No.AHU-0085986.AH.01.09. Tahun 2010
Perseroan No.AHU-0085986.AH.01.09. Tahun dated November 26, 2010. Bank's issued and
2010, tanggal 26 November 2010. Struktur modal fully paid capital structure changed to
ditempatkan dan disetor Bank mengalami Rp3,407,411 which consists of 56,281,990,760
perubahan menjadi sebesar Rp3.407.411 yang shares.
terdiri dari 56.281.990.760 saham.
Pada tanggal 23 Mei 2011 sampai dengan 26 Mei On May 23, 2011 up to May 26, 2011, Maybank
2011, Maybank Offshore Corporate Services Offshore Corporate Services (Labuan) Sdn
(Labuan) Sdn Bhd selaku pemegang saham Bhd as a controlling shareholder, sold 695,500
pengendali, melakukan penjualan saham shares or 0.00127% and 5,239,500 shares or
sejumlah 695.500 saham atau sebesar 0.0093% on June 7, 2011 up to June 8, 2011, and
0,00127% dan sejumlah 5.239.500 saham atau 500 shares on May 3, 2012 in order to fulfill
sebesar 0,0093% pada tanggal 7 Juni 2011 Capital Market and Financial Institutions
sampai dengan 8 Juni 2011 dan sejumlah 500 Supervisory Agency (“BAPEPAM-LK”) rule No.
saham pada tanggal 3 Mei 2012, dalam rangka IX.H.1 on Takeover of Public Company,
memenuhi peraturan Badan Pengawas Pasar Attachment of Decision Letter BAPEPAM-LK
Modal dan Lembaga Keuangan (“BAPEPAM-LK”) Head No.Kep-259/BL/2008.
No.IX.H.1 tentang Pengambilalihan Perusahaan
Terbuka, Lampiran Keputusan Ketua BAPEPAM-
LK No.Kep-259/BL/2008.
Berdasarkan hasil pelaksanaan penawaran Based on the results of Limited Public Offering
umum terbatas VI dengan Hak Memesan Efek VI with pre-emptive rights to the Bank’s
Terlebih Dahulu (“HMETD”), Bank telah shareholders, The Bank has added
menambah 4.690.165.897 lembar saham 4,690,165,897 shares with nominal value
dengan nilai nominal seluruhnya sebesar totaling Rp105,529 on July 23, 2013 in order to
Rp105.529 pada tanggal 23 Juli 2013 dalam expand the loan and thus the total share
rangka ekspansi kredit dan dengan demikian capital issued and paid up increased to
jumlah seluruh saham ditempatkan dan disetor become 60,972,156,657 shares.
Bank meningkat menjadi 60.972.156.657 lembar
saham.
906 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
212
Page 909
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Dengan dilaksanakannya PUT VI dimaksud With the implementation of PUT VI the capital
maka susunan permodalan dan pemegang structure and composition of shareholders
saham Bank telah berubah per tanggal 23 Juli have been changed as of July 23, 2013 as
2013 sebagaimana termuat dalam Akta stated in Minutes of Meeting Notarial Deed No.
Pernyataan Keputusan Rapat No. 34 tanggal 27 34 dated August 27, 2013 notarized by Notary
Agustus 2013 yang dibuat di hadapan Ir. Ir. Nanette Cahyanie Handari Adi Warsito, S.H.,
Nanette Cahyanie Handari Adi Warsito, S.H., in Jakarta and notified to Minister of Justice
Notaris di Jakarta dan telah diberitahukan and Human Rights of the Republic of Indonesia
kepada Menteri Hukum dan Hak Asasi Manusia and has been acknowledged and registered
Republik Indonesia, serta telah diterima dan under approval and acknowledgement notice
dicatat di bawah bukti penerimaan dan No.AHU-AH.01.10-44438 dated October 28, 2013
pemberitahuan No.AHU-AH.01.10-44438 and has been recorded in Company List
tanggal 28 Oktober 2013 dan telah Record No.AHU-0098911.AH.01.09.Tahun 2013
didaftarkan dalam Daftar Perseroan dated October 28, 2013. The Bank's issued and
No.AHU-0098911.AH.01.09.Tahun 2013, tanggal fully paid capital structure changed to
28 Oktober 2013. Struktur modal ditempatkan Rp3,512,940 which consists of 60,972,156,657
dan disetor Bank mengalami perubahan shares.
menjadi sebesar Rp3.512.940 yang terdiri dari
60.972.156.657 saham.
Pada tanggal 22 November 2013, Sorak On November 22, 2013, Sorak Financial
Financial Holdings Pte. Ltd. selaku pemegang Holdings Pte. Ltd. as a controlling shareholder,
saham pengendali, melakukan penjualan sold 5,675,040,000 shares or 9.31% in order to
saham sejumlah 5.675.040.000 saham atau fulfill Capital Market and Financial Institutions
sebesar 9,31%, dalam rangka memenuhi Supervisory Agency (“BAPEPAM-LK”) rule No.
peraturan Badan Pengawas Pasar Modal dan IX.H.1 on Takeover of Public Company,
Lembaga Keuangan (“BAPEPAM-LK”) No. IX.H.1 Attachment of Decision Letter BAPEPAM-LK
tentang Pengambilalihan Perusahaan Terbuka, Head No.Kep-259/BL/2008.
Lampiran Keputusan Ketua BAPEPAM-LK
No.Kep-259/BL/2008.
Berdasarkan hasil pelaksanaan penawaran Based on the results of Limited Public Offering
umum terbatas VII dengan Hak Memesan Efek VII with pre-emptive rights to the Bank’s
Terlebih Dahulu (“HMETD”), Bank telah shareholders, the Bank has added
menambah 6.774.684.073 lembar saham 6,774,684,073 shares with nominal value
dengan nilai nominal seluruhnya sebesar totaling Rp152,430 on December 24, 2014 in
Rp152.430 pada tanggal 24 Desember 2014 order to expand the loan and thus the total
dalam rangka ekspansi kredit dan dengan share capital issued and paid up increased to
demikian jumlah seluruh saham ditempatkan become 67,746,840,730 shares.
dan disetor Bank meningkat menjadi
67.746.840.730 lembar saham.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 907
213
Page 910
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Dengan dilaksanakannya PUT VII dimaksud With the implementation of PUT VII the capital
maka susunan permodalan dan pemegang structure and composition of shareholders
saham Bank telah berubah per tanggal have been changed as of December 24, 2014
24 Desember 2014 sebagaimana termuat as stated in Minutes of Meeting Notarial Deed
dalam Akta Pernyataan Keputusan Rapat No. 4 No. 4 dated February 5, 2015 notarized by
tanggal 5 Februari 2015 yang dibuat di Notary Aryanti Artisari, S.H., M.Kn., in Jakarta and
hadapan Aryanti Artisari, S.H., M.Kn., Notaris di notified to Minister of Justice and Human
Jakarta dan telah diberitahukan kepada Rights of the Republic of Indonesia and has
Menteri Hukum dan Hak Asasi Manusia Republik been acknowledged and registered under
Indonesia, serta telah diterima dan dicatat di approval and acknowledgement notice
bawah bukti penerimaan dan pemberitahuan No.AHU-AH.01.03-0008501 dated February 9,
No. AHU-AH.01.03-0008501 tanggal 9 Februari 2015 and has been recorded in Company List
2015 dan telah didaftarkan dalam Daftar Record No. AHU-0016899.AH.01.11.Tahun 2015
Perseroan No.AHU-0016899.AH.01.11.Tahun 2015, dated February 9, 2015. The Bank's issued and
tanggal 9 Februari 2015. Struktur modal fully paid capital structure changed to
ditempatkan dan disetor Bank mengalami Rp3,665,370 which consists of 67,746,840,730
perubahan menjadi sebesar Rp3.665.370 yang shares.
terdiri dari 67.746.840.730 saham.
Berdasarkan hasil pelaksanaan Penawaran Based on the results of Limited Public Offering
Umum Terbatas VIII dengan Hak Memesan Efek VIII with pre-emptive rights to the Bank’s
Terlebih Dahulu (“HMETD”), Bank telah shareholders, the Bank has added
menambah 8.468.355.091 lembar saham 8,468,355,091 shares with nominal value
dengan nilai nominal seluruhnya sebesar totaling Rp190,538 on June 28, 2018 hence, the
Rp190.538 pada tanggal 28 Juni 2018 sehingga total share capital issued and paid up
jumlah seluruh saham ditempatkan dan increased to become 76,215,195,821 shares.
disetor Bank meningkat menjadi 76.215.195.821
lembar saham.
Dana hasil Penawaran Umum Terbatas VIII The proceeds from the Limited Public Offering
setelah dikurangi biaya-biaya penerbitan VIII after deducted by the issuance costs of the
saham akan dipergunakan untuk shares will be used to strengthen the capital
memperkokoh struktur permodalan dan structure and will be used for credit expansion
seluruhnya akan digunakan untuk ekspansi to support Bank’s business growth and will
kredit dalam rangka pengembangan usaha impact to the increase in Bank's core capital.
Perseroan dan akan berdampak pada
peningkatan modal inti Perseroan.
908 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
214
Page 911
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Dengan dilaksanakannya PUT VIII dimaksud With the realization of PUT VIII, the capital
maka susunan permodalan dan pemegang structure and composition of shareholders
saham Bank telah berubah per tanggal 29 Juni have been changed as of June 29, 2018 as
2018 sebagaimana termuat dalam Akta stated in Minutes of Meeting Notarial Deed No.
Pernyataan Keputusan Rapat No. 33 tanggal 33 dated July 24, 2018 notarized by Notary Aulia
24 Juli 2018 yang dibuat di hadapan Notaris Taufani, SH., Notary in Jakarta and notified to
Aulia Taufani, SH., Notaris di Jakarta dan telah Minister of Justice and Human Rights of the
diberitahukan kepada Menteri Hukum dan Hak Republic of Indonesia and has been
Asasi Manusia Republik Indonesia, serta telah acknowledged and registered under approval
diterima dan dicatat di bawah bukti and acknowledgement notice No.AHU-
penerimaan dan pemberitahuan No.AHU- AH.01.03-0234513 dated August 21, 2018 and
AH.01.03-0234513 tanggal 21 Agustus 2018 dan has been recorded in Company List Record No.
telah didaftarkan dalam Daftar Perseroan AHU-0109514.AH.01.11.Tahun 2018 dated August
No.AHU-0109514.AH.01.11.Tahun 2018, tanggal 21 21, 2018. The Bank's issued and fully paid capital
Agustus 2018. Struktur modal ditempatkan dan structure changed to Rp3,855,908 which
disetor Bank mengalami perubahan menjadi consists of 76,215,195,821 shares.
sebesar Rp3.855.908 yang terdiri dari
76.215.195.821 saham.
Pada tanggal 8 Desember 2023, UBS AG On December 8, 2023, UBS AG London sold
London, melakukan penjualan saham sejumlah 13,953,168,749 shares or 18.31% to Vital Solution
13.953.168.749 saham atau sebesar 18,31% Fund amounted to 6,653,168,749 shares or
kepada Vital Solution Fund sejumlah 8.73% and the rest to public.
6.653.168.749 saham atau sebesar 8,73% dan
sisanya kepada masyarakat.
Dengan adanya transaksi tersebut, maka PT After the completion of this transaction, PT
Bank Maybank Indonesia, Tbk. telah memenuhi Bank Maybank Indonesia, Tbk. has fulfilled the
7,50% porsi saham Free-Float, sebagaimana 7.50% Free-Float share portion, as regulated in
yang diatur dalam Peraturan PT Bursa Efek PT Bursa Efek Indonesia Regulation Number I-A
Indonesia Nomor I-A perihal “Pencatatan "Registration of Shares and Equity Securities
Saham dan Efek bersifat Ekuitas Selain Saham Other than Shares Issued by Listed
yang Diterbitkan oleh Perusahaan Tercatat”. Companies". The Bank has reported this
Perihal terjadinya transaksi tersebut, Bank telah transaction to the Financial Services Authority
menyampaikannya kepada Otoritas Jasa (OJK) Capital Market Supervisory and the
Keuangan (OJK) Pengawas Pasar Modal dan PT Indonesian Stock Exchange through Letter No.
Bursa Efek Indonesia melalui Surat No. S.2023.206/MBI/DIR COMPLIANCE dated
S.2023.206/MBI/DIR COMPLIANCE tertanggal 12 December 12, 2023 regarding Submission of
Desember 2023 perihal Penyampaian Laporan Information Disclosure Reports for PT Bank
Keterbukaan Informasi PT Bank Maybank Maybank Indonesia, Tbk. and Letter No.
Indonesia, Tbk. dan Surat No. S.2023.210/MBI/DIR S.2023.210/MBI/DIR COMPLIANCE dated
COMPLIANCE tertanggal 15 Desember December 15, 2023 regarding Submission of
2023 perihal Penyampaian Laporan Ownership Reports/Any Changes in Share
Kepemilikan/Setiap Perubahan Kepemilikan Ownership of PT Bank Maybank Indonesia, Tbk.
Saham PT Bank Maybank Indonesia, Tbk. sesuai in accordance with Financial Services Authority
dengan Peraturan Otoritas Jasa Keuangan Regulation Number 11/POJK.04/2017.
Nomor 11/POJK.04/2017.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 909
215
Page 912
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
b. Saldo Laba b. Retained Earning
Berdasarkan keputusan Rapat Umum Based on the decision of The Annual General
Pemegang Saham Tahunan yang dibuat di Meeting of Shareholder which was notarized by
hadapan Notaris Aulia Taufani, S.H. tanggal Aulia Taufani, S.H. dated April 11, 2025, the
11 April 2025, para pemegang saham shareholders approved and ratified the 2024
menyetujui dan mengesahkan laporan annual report and the consolidated financial
tahunan 2024 dan laporan keuangan statements as of December 31, 2024.
konsolidasian tanggal 31 Desember 2024.
Berdasarkan keputusan Rapat Umum Based on the decision of The Annual General
Pemegang Saham Tahunan yang dibuat di Meeting of Shareholder which was notarized by
hadapan Notaris Aulia Taufani, S.H. tanggal Aulia Taufani, S.H. dated April 1, 2024, the
1 April 2024, para pemegang saham menyetujui shareholders approved and ratified the 2023
dan mengesahkan laporan tahunan 2023 dan annual report and the consolidated financial
laporan keuangan konsolidasian tanggal statements as of December 31, 2023.
31 Desember 2023.
28. TAMBAHAN MODAL DISETOR 28. ADDITIONAL PAID-IN CAPITAL
Tambahan modal disetor terdiri dari: Additional paid-in capital consist of:
31 Desember/December 31
2025 2024
Agio saham 6.383.961 6.383.961 Additional paid-in capital
Biaya emisi efek ekuitas (26.585) (26.585) Share issuance costs
6.357.376 6.357.376
Tambahan modal disetor pada tanggal Additional paid in capital as of December 31, 2025
31 Desember 2025 dan 2024 sebesar Rp6.383.961 and 2024 amounted to Rp6,383,961 resulted from
berasal dari Penawaran Umum Terbatas (PUT) Rights Issue (PUT) before deducted by share
sebelum dikurangi dengan biaya-biaya yang issuance cost related to PUT amounting to
terkait PUT sebesar Rp26.585. Rp26,585.
910 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
216
Page 913
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
29. PENGGUNAAN LABA NETO 29. APPROPRIATION OF NET INCOME
Pada tanggal 11 April 2025, Bank mengadakan On April 11, 2025, the Bank held an Annual
Rapat Umum Pemegang Saham Tahunan di mana Shareholders’ General Meeting. Annual
pemegang saham menyetujui pembayaran Shareholders’ General Meeting whereby the
dividen tunai sebesar Rp446.385 yang berasal dari Shareholders approved the payment of cash
laba neto yang dapat diatribusikan kepada pemilik dividends of Rp446,385 from the 2024 net income
entitas induk tahun 2024 sebesar Rp1.115.963. atributable to equity holders of the parent
Dividen tunai telah dibayarkan pada tanggal 9 Mei company of Rp1,115,963. The cash dividends have
2025. been paid on May 9, 2025.
Pada tanggal 1 April 2024, Bank mengadakan On April 1, 2024, the Bank held an Annual
Rapat Umum Pemegang Saham Tahunan di mana Shareholders’ General Meeting. Annual
pemegang saham menyetujui pembayaran Shareholders’ General Meeting whereby the
dividen tunai sebesar Rp784.533 yang berasal dari Shareholders approved the payment of cash
laba neto yang dapat diatribusikan kepada pemilik dividends of Rp784,533 from the 2023 net income
entitas induk tahun 2023 sebesar Rp1.743.406. atributable to equity holders of the parent
Dividen tunai telah dibayarkan pada tanggal company of Rp1,743,406. The cash dividends have
30 April 2024. been paid on April 30, 2024.
30. CADANGAN UMUM 30. GENERAL RESERVE
Bank telah membentuk penyisihan cadangan The Bank has set-up a general reserve totalling
umum dengan jumlah masing-masing sebesar Rp771,182 as of December 31, 2025 and
Rp771.182 per 31 Desember 2025 dan 2024, sesuai 2024, respectively, in accordance with the
dengan Undang-undang No. 40 tahun 2007 Indonesian Limited Company Law No. 40, year 2007
mengenai Perseroan Terbatas, yang which requires companies to set up a general
mengharuskan perusahaan-perusahaan untuk reserve amounting to at least 20.00% of the issued
membuat penyisihan cadangan umum sebesar and fully paid share capital. The law does not set
sekurang-kurangnya 20,00% dari jumlah modal period of time over which this amount should be
yang ditempatkan dan disetor penuh. Undang- provided.
undang tersebut tidak mengatur jangka waktu
untuk pembentukan penyisihan tersebut.
31. SELISIH KURS KARENA PENJABARAN LAPORAN 31. DIFFERENCES ARISING FROM THE TRANSLATION OF
KEUANGAN DALAM MATA UANG ASING FOREIGN CURRENCY FINANCIAL STATEMENTS
31 Desember/December 31
2025 2024
Differences arising from the
Selisih kurs karena penjabaran laporan translation of foreign currency
keuangan cabang Bank financial statements
di luar negeri 40.951 40.793 of overseas branches
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 911
217
Page 914
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
32. KOMITMEN DAN KONTINJENSI 32. COMMITMENTS AND CONTINGENCIES
Bank memiliki tagihan dan liabilitas komitmen dan The Bank has commitment and contingent
kontinjensi, sebagai berikut: receivables and liabilities, which are as follows:
31 Desember/December 31
2025 2024
KOMITMEN COMMITMENTS
Liabilitas Komitmen Commitment Liabilities
Fasilitas pinjaman kepada Unused loan commitments
nasabah yang belum ditarik 1.657.943 1.022.437 granted to customers
L/C irrevocable yang masih
berjalan 763.666 547.359 Outstanding irrevocable L/Cs
Jumlah Liabilitas Komitmen 2.421.609 1.569.796 Total Commitment Liabilities
KONTINJENSI CONTINGENCIES
Tagihan Kontinjensi Contingent Receivables
Garansi yang diterima 227.066 27.173 Guarantees received
Jumlah Tagihan Kontinjensi 227.066 27.173 Total Contingent Receivables
Liabilitas Kontinjensi Contingent Liabilities
Garansi yang diberikan: Guarantees issued in the form of:
Bank garansi 2.775.439 2.120.731 Bank guarantees
Standby L/Cs 1.410.851 931.710 Standby L/Cs
Lainnya 759.513 - Others
Jumlah Liabilitas Kontinjensi 4.945.803 3.052.441 Total Contingent Liabilities
Tagihan komitmen - lainnya dan liabilitas Commitment receivables - others and
komitmen - lainnya timbul akibat penjualan dan commitment liabilities - others resulted from
pembelian aset keuangan reguler yang akan diakui regular way sales and purchases of financial assets
pada tanggal penyelesaian. which will be recognized on the settlement date.
Liabilitas kontinjensi konsolidasian kepada pihak Outstanding consolidated contingent liabilities to
berelasi per 31 Desember 2025 dan 2024 adalah related parties as of December 31, 2025 and 2024
masing-masing sebesar Rp101.131 dan Rp19.727 were Rp101,131 and Rp19,727, respectively (Note 44).
(Catatan 44).
912 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
218
Page 915
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
32. KOMITMEN DAN KONTINJENSI (lanjutan) 32. COMMITMENTS AND CONTINGENCIES (continued)
Cadangan atas kerugian kredit ekspektasian atas Expected credit loss allowance on commitments
komitmen dan kontinjensi (Catatan 25) adalah and contingencies (Notes 25) are as follows:
sebagai berikut:
31 Desember/December 31
2025 2024
Fasilitas pinjaman kepada nasabah yang belum ditarik 103.026 132.985 Unused loan commitments granted to customers
Garansi yang diberikan 9.688 7.616 Guarantee issued
L/C Irrevocable yang masih berjalan 179 129 Outstanding irrevocable L/Cs
Lainnya 1 8 Others
Jumlah 112.894 140.738 Total
Analisis atas perubahan dalam cadangan atas An analysis of change in the corresponding
kerugian kredit ekspektasian terkait untuk expected credit loss allowances of commitment
komitmen dan kontinjensi sebagai berikut: and contingencies is as follows:
31 Desember/December 31, 2025
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Cadangan atas kerugian kredit ekspektasian awal 125.920 12.261 2.557 140.738 Beginning expected credit loss allowance
Transfer ke Stage 1 8.585 (8.571) (14) - Transfer to Stage 1
Transfer ke Stage 2 (1.770) 1.770 - - Transfer to Stage 2
Transfer ke Stage 3 (290) (323) 613 - Transfer to Stage 3
Perubahan neto (40.576) 10.016 (513) (31.073) Net change
Aset baru 33.084 1.540 - 34.624 New assets originated
Aset dihentikan pengakuannya (selain karena penghapusbukuan) (27.758) (2.021) (2.351) (32.130) Assets derecognized (other than write-offs)
Selisih akibat perbedaan kurs 732 3 - 735 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 97.927 14.675 292 112.894 Ending expected credit loss allowance
31 Desember/December 31 , 2024
Jumlah/
Stage 1 Stage 2 Stage 3 Total
Cadangan atas kerugian kredit ekspektasian awal 96.805 13.449 9.949 120.203 Beginning expected credit loss allowance
Transfer ke Stage 1 9.779 (9.451) (328) - Transfer to Stage 1
Transfer ke Stage 2 (999) 1.005 (6) - Transfer to Stage 2
Transfer ke Stage 3 (348) (219) 567 - Transfer to Stage 3
Perubahan neto (17.542) 6.927 (7.512) (18.127) Net change
Aset baru 48.824 1.888 6 50.718 New assets originated
Aset dihentikan pengakuannya (selain karena penghapusbukuan) (11.402) (1.340) (119) (12.861) Assets derecognized (other than write-offs)
Selisih akibat perbedaan kurs 803 2 - 805 Exchange rate differences
Cadangan atas kerugian kredit ekspektasian akhir 125.920 12.261 2.557 140.738 Ending expected credit loss allowance
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 913
219
Page 916
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
33. PENDAPATAN BUNGA DAN SYARIAH 33. INTEREST AND SHARIA INCOME
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Kredit yang diberikan 6.183.740 6.171.227 Loans
Syariah 2.666.919 2.636.767 Sharia
Piutang pembiayaan Consumer financing
konsumen - neto 2.194.184 2.185.782 receivables - net
Efek-efek 2.003.690 1.843.235 Marketable securities
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 143.908 220.451 and other banks
Lain-lain 13.413 4.740 Others
13.205.854 13.062.202
Berikut adalah rincian pendapatan bunga dan This is a breakdown of interest income and Sharia
Syariah menurut klasifikasi instrumen keuangan according to the classification of financial
untuk tahun yang berakhir pada tanggal instrument for the year ended December 31, 2025
31 Desember 2025 dan 2024: and 2024:
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Biaya perolehan diamortisasi Amortised cost
Kredit yang diberikan 6.183.740 6.171.227 Loans
Piutang pembiayaan Consumer financing
konsumen - neto 2.194.184 2.185.782 receivables - net
Efek-efek 417.498 242.763 Marketable securities
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 143.908 220.451 and other banks
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 29.778 31.593 resale agreement
Lain-lain 13.413 4.741 Others
Syariah Sharia
Pendapatan penyaluran dana 1.946.965 2.035.069 Income from fund distributions
Efek-efek 705.383 547.485 Marketable securities
Penempatan pada Bank Indonesia Placement with Bank Indonesia and
dan bank lain 14.571 54.213 other banks
Nilai wajar melalui laporan
laba rugi Fair value through profit or loss
Efek-efek 207.970 146.865 Marketable securities
Nilai wajar melalui pendapatan Fair value through other
komprehensif lainnya comprehensive income
Efek-efek 1.348.444 1.422.013 Marketable securities
Jumlah 13.205.854 13.062.202 Total
Pada tahun yang berakhir pada tanggal For the year ended December 31, 2025 and 2024, in
31 Desember 2025 dan 2024, termasuk dalam the interest and sharia income, there is income
pendapatan bunga dan syariah di atas adalah from related party amounted to Rp1,976 and
pendapatan dari pihak berelasi dengan jumlah Rp1,996, respectively (Note 44).
masing-masing sebesar Rp1.976 dan Rp1.996
(Catatan 44).
914 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
220
Page 917
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
34. BEBAN BUNGA DAN SYARIAH 34. INTEREST AND SHARIA EXPENSE
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Deposito berjangka 1.903.147 1.873.533 Time deposits
Pinjaman diterima 1.189.753 1.061.437 Borrowings
Syariah 1.166.329 1.348.497 Sharia
Giro 931.991 763.653 Demand deposits
Premium on third party fund
Premi penjaminan dana pihak ketiga 243.869 241.190 guarantee
Surat berharga yang diterbitkan 220.972 272.704 Securities issued
Tabungan 196.247 236.941 Saving deposits
Call money 123.707 150.881 Call money
Pinjaman dan obligasi subordinasi 7.937 7.956 Subordinated loan and bonds
5.983.952 5.956.792
Jumlah beban bunga yang berasal dari amortisasi Total interest expenses from the amortization of
biaya provisi dan komisi untuk tahun yang berakhir provision and commissions and transaction costs
pada tanggal 31 Desember 2025 dan 2024 masing- for the year ended December 31, 2025 and 2024
masing adalah Rp5.224 dan Rp6.403. amounted Rp5,224 and Rp6,403, respectively.
Pada tahun yang berakhir pada tanggal For the year ended December 31, 2025 and 2024, in
31 Desember 2025 dan 2024, termasuk dalam the interest and sharia expenses, there is expenses
beban bunga dan syariah di atas adalah beban from related party amounted to Rp28,282 and
dari pihak berelasi dengan jumlah masing-masing Rp20,442, respectively (Note 44).
sebesar Rp28.282 dan Rp20.442 (Catatan 44).
35. KEUNTUNGAN PENJUALAN EFEK-EFEK YANG 35. GAINS ON SALE OF TRADING SECURITIES AND
DIPERDAGANGKAN DAN INVESTASI KEUANGAN - FINANCIAL INVESTMENT - NET
NETO
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
35000000
Efek-efek 345.647 132.339 Marketable securities
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 915
221
Page 918
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
36. KENAIKAN/(PENURUNAN) NILAI EFEK-EFEK YANG 36. INCREASE/(DECREASE) VALUE OF TRADING
DIPERDAGANGKAN - NETO SECURITIES - NET
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Efek-efek 3.857 (8.408) Marketable securities
37. PENDAPATAN OPERASIONAL LAINNYA 37. OTHER OPERATING INCOME - OTHER FEE INCOME
- PENDAPATAN LAINNYA
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Pendapatan kembali piutang yang Collection of receivables
telah dihapusbukukan 455.236 645.118 previously written-off
Administrasi piutang pembiayaan Consumer financing receivables
konsumen 215.729 235.768 administration
Administrasi kredit yang diberikan 153.923 143.657 Loan administration
Administrasi ritel 137.489 157.979 Retail administration
Administrasi kartu kredit 105.196 117.076 Credit card administration
Komisi reksadana 73.294 46.938 Mutual funds commissions and fees
Pendapatan jasa konsultasi 50.956 62.908 Advisory fees
Jasa perbankan 36.659 45.941 Banking services
Pendapatan transfer 23.842 21.383 Transfer fees
Investasi perbankan 15.245 10.700 Investment banking
Administrasi impor dan ekspor 3.392 3.566 Import and export administration
Lain-lain 254.557 394.053 Others
1.525.518 1.885.087
Lain-lain terutama terdiri atas pendapatan agen Others mainly consist of bonds sales agent fee,
penjualan obligasi, pendapatan dividen dan dividend income and other income that can not
pendapatan lain-lain yang tidak dapat be classified to other accounts.
diklasifikasikan ke akun lain.
916 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
222
Page 919
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PENYISIHAN KERUGIAN PENURUNAN NILAI ATAS 38. PROVISION FOR IMPAIRMENT LOSSES ON FINANCIAL
INSTRUMEN KEUANGAN - NETO INSTRUMENTS - NET
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
34000000
Giro pada bank lain (Catatan 6) (332) (840) Current accounts with other banks (Note 6)
Penempatan pada bank lain (Catatan 7) 6.010 (2.000) Placements with other banks (Note 7)
Investasi keuangan (Catatan 9) (1.086) 2.559 Financial investments (Note 9)
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali (Catatan 10) (145) 97 resale agreements (Note 10)
Kredit yang diberikan dan piutang/ Loans and Sharia receivables/
pembiayaan syariah (Catatan 12) 777.551 1.138.354 financing (Note 12)
Piutang pembiayaan Consumer financing
konsumen (Catatan 13) 190.432 190.054 receivables (Note 13)
Tagihan akseptasi (Catatan 14a) 86 1.212 Acceptance receivables (Note 14a)
Tagihan lainnya (Catatan 17) 11.128 1.947 Other receivables (Note 17)
Komitmen dan kontinjensi (Catatan 32) (28.579) 19.730 Commitments and contigencies (Note 32)
955.065 1.351.113
39. PENYISIHAN KERUGIAN ATAS ASET NON-PRODUKTIF 39. PROVISION FOR POSSIBLE LOSSES ON NON-EARNING
ASSETS
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Agunan yang diambil alih (Catatan 17) 21.201 18.263 Foreclosed assets (Note 17)
Penyisihan kerugian ini dibentuk agunan yang The provision for possible losses is provided
diambil alih dalam bentuk tanah dan bangunan. foreclosed assets in the form of lands and
buildings.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 917
223
Page 920
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. BEBAN UMUM DAN ADMINISTRASI 40. GENERAL AND ADMINISTRATIVE EXPENSES
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
35000000
Umum 877.324 751.507 General
Jasa outsourcing 561.449 555.692 Outsourcing services
Penyusutan dan amortisasi 505.142 513.969 Depreciation and amortization
Perbaikan dan pemeliharaan Repairs and maintenance of
aset tetap 404.066 375.581 fixed assets
Sewa 190.394 171.142 Rental
Promosi 134.093 181.033 Promotions
Komunikasi perbankan 103.296 102.075 Banking communications
Premi asuransi 88.162 74.790 Insurance premium
Beban profesional 71.662 49.389 Professional fees
Transportasi dan rumah tangga 64.385 73.360 Transportation and housing
Pendidikan, penelitian Education, research
dan pengembangan 62.853 76.200 and development
Telepon 56.641 54.245 Telephone
Listrik dan air 46.273 52.240 Electricity and water
Cetakan dan alat tulis 18.252 23.790 Printing and stationery
3.183.992 3.055.013
41. BEBAN TENAGA KERJA 41. PERSONNEL EXPENSES
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
35000000
Gaji, upah, tunjangan pensiun Salaries, wages, pension and
dan pajak 1.944.871 1.766.675 tax allowances
Tunjangan lainnya 525.997 499.108 Other allowances
Bonus 376.743 442.866 Bonuses
Lain-lain 417.854 535.930 Others
3.265.465 3.244.579
Remunerasi karyawan kunci untuk tahun yang Remuneration of key management packages for
berakhir 31 Desember 2025 dan 2024 adalah the year ended December 31, 2025 and 2024 are as
sebagai berikut: follows:
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Dewan Komisaris 28.835 25.694 The Board of Commissioners
Direksi 146.145 126.915 Directors
Komite Audit 2.024 2.164 Audit Committee
Pejabat Eksekutif 317.196 287.813 Executive Officers
Dewan Pengawas Syariah 2.329 2.344 Sharia Supervisory Board
496.529 444.930
918 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
224
Page 921
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PENDAPATAN NON-OPERASIONAL - NETO 42. NON-OPERATING INCOME - NET
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Laba dari penjualan aset tetap (Catatan 15a) 5.415 3.680 Gains on sale of fixed assets (Note 15a)
Denda dan sumbangan (434) (1.353) Penalties and donations
Beban kegiatan karyawan (4.577) (6.026) Employee activities expenses
Lain-lain - neto 99.443 15.372 Others - net
99.847 11.673
43. LABA PER SAHAM DASAR 43. BASIC EARNINGS PER SHARE
Laba per saham dasar dihitung dengan membagi Basic earnings per share is calculated by dividing
laba tahun berjalan yang diatribusikan kepada the income for the year attributable to the equity
pemilik entitas induk dengan rata-rata tertimbang holders of the parent company by the weighted
jumlah saham biasa yang beredar pada tahun average number of ordinary shares outstanding
bersangkutan. during the year.
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
Laba tahun berjalan diatribusikan Gain for the years attributable
kepada pemilik entitas induk 1.657.366 1.115.963 to equity holders of the parent company
Jumlah rata-rata tertimbang saham Weighted average number of ordinary
biasa yang beredar (nilai penuh) 76.215.195.821 76.215.195.821 shares oustanding (full amount)
Laba per saham dasar (nilai penuh) 21,75 14,64 Basic earnings per share (full amount)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 919
225
Page 922
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. INFORMASI MENGENAI TRANSAKSI DENGAN PIHAK 44. RELATED PARTIES INFORMATION
BERELASI
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transaction
Dewan Komisaris, Direksi Karyawan kunci/ Kredit yang diberikan dan piutang/pembiayaan
dan pejabat eksekutif/Board Key management Syariah/Loans and Sharia receivables/financing,
of Commissioners, Directors personnel, Simpanan nasabah/Deposits from customers,
and executive officer Pengurus/Management Beban yang masih harus dibayar dan liabilitas
lain-lain/Accrued expenses and other liabilities,
Pendapatan bunga/Interest income, Beban
bunga/Interest expenses, Beban tenaga
kerja/Personnel expenses
Malayan Banking Berhad Pemegang saham akhir/ Giro pada bank lain/Current accounts with other
Ultimate shareholder banks, Tagihan derivatif/Derivatives receivable,
Tagihan Akseptasi/Acceptances Receivable,
Beban dibayar di muka dan aset lain-
lain/Prepayments and other assets,
Simpanan dari bank lain/Deposits
from other banks, Liabilitas derivatif/Derivatives
payable, Liabilitas akseptasi/Acceptances
payable, Surat berharga yang
diterbitkan/Securities issued, Beban yang masih
harus dibayar dan liabilitas lain-lain/Accrued
expenses and other liabilities, Obligasi
subordinasi/Subordinated bonds, Pendapatan
bunga/Interest income, Beban bunga/Interest
expenses, Bank garansi/Bank guarantee
Sorak Financial Holdings Pte. Pemegang saham/ Simpanan nasabah/Deposits from customers,
Ltd. Shareholder Beban bunga/Interest expenses
Maybank Offshore Corporate Pemegang saham/ Simpanan nasabah/Deposits from customers,
Services (Labuan) Sdn. Bhd. Shareholder Beban bunga/Interest expenses
PT Maybank Sekuritas Mempunyai pemegang Kredit yang diberikan dari piutang/pembiayaan
Indonesia akhir yang sama/ Syariah/Loans and Sharia receivables/financing,
Owned by the same Penyertaan saham/Investment in shares,
ultimate shareholder Tagihan derivatif/Derivatives receivable, Beban
dibayar di muka dan aset lain-lain/Prepayments
and other assets, Liabilitas segera/Obligations
due immediately, Simpanan nasabah/Deposits
from customers, Liabilitas derivative/Derivative
payable, Pendapatan bunga/Interest income,
Beban bunga/Interest expenses
MIB Securities India Mempunyai pemegang Simpanan nasabah/Deposits from customers,
akhir yang sama/ Beban bunga/Interest expenses
Owned by the same
ultimate shareholder
920 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
226
Page 923
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. INFORMASI MENGENAI TRANSAKSI DENGAN PIHAK 44. RELATED PARTIES INFORMATION (continued)
BERELASI (lanjutan)
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transaction
PT Maybank Asset Mempunyai pemegang Simpanan nasabah/Deposits from customers,
Management akhir yang sama/ Beban bunga/Interest expenses
Owned by the same
ultimate shareholder
MBB Labs Private Limited Mempunyai pemegang Simpanan nasabah/Deposits from customers,
akhir yang sama/ Beban bunga/Interest expenses
Owned by the same
ultimate shareholder
PT Asuransi Etiqa Mempunyai pemegang Kredit yang diberikan dari piutang/Pembiayaan
Internasional Indonesia akhir yang sama/ syariah/Loans and Sharia receivables/financing,
Owned by the same Simpanan nasabah/Deposits from customers,
ultimate shareholder Pendapatan bunga/Interest income, Beban
bunga/Interest expenses
Maybank Singapore Limited Mempunyai pemegang Simpanan dari bank lain/Deposits from other
akhir yang sama/ banks, Beban bunga/Interest expenses
Owned by the same
ultimate shareholder
Dalam menjalankan kegiatan usahanya, Bank In the normal course of business, the Bank entered
melakukan transaksi dengan pihak-pihak berelasi into transactions with related parties in accordance
sesuai dengan kebijakan dan persyaratan yang to mutually agreed upon terms and conditions.
telah disepakati bersama.
Saldo aset produktif, simpanan, pinjaman yang The outstanding balances of earning assets,
diterima dan komitmen dan kontinjensi dari pihak deposits, borrowings and commitments and
berelasi adalah sebagai berikut: contingencies with related parties are as follows:
31 Desember/December 31
2025 2024
ASET ASSETS
Giro pada bank lain (Catatan 6) 115.242 60.915 Current accounts with other banks (Note 6)
Investasi keuangan (Catatan 9) 159.504 159.504 Financial investments (Note 9)
Tagihan derivatif (Catatan 11) 503.709 446.622 Derivatives receivable (Note 11)
Kredit yang diberikan dan piutang/ Loans and sharia receivables/
pembiayaan syariah (Catatan 12) 410.830 143.478 financing (Note 12)
Tagihan akseptasi (Catatan 14a) 2.157 - Acceptances receivable (Note 14a)
Beban yang dibayar dimuka dan Prepayments and
aset lain-lain (Catatan 17) 438.294 146.128 other assets (Note 17)
Persentase terhadap jumlah aset Percentage to total assets
Giro pada bank lain 0,06% 0,03% Current accounts with other banks
Investasi keuangan 0,08% 0,08% Financial investments
Tagihan derivatif 0,26% 0,23% Derivatives receivable
Kredit yang diberikan dan piutang/ Loans and sharia receivables/
pembiayaan syariah 0,21% 0,07% financing
Tagihan akseptasi 0,00% - Acceptances receivable
Beban yang dibayar dimuka dan Prepayments and
aset lain-lain 0,23% 0,07% other assets
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 921
227
Page 924
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. INFORMASI MENGENAI TRANSAKSI DENGAN PIHAK 44. RELATED PARTIES INFORMATION (continued)
BERELASI (lanjutan)
Saldo aset produktif, simpanan, pinjaman yang The outstanding balances of earning assets,
diterima dan komitmen dan kontinjensi dari pihak deposits, borrowings and commitments and
berelasi adalah sebagai berikut: (lanjutan) contingencies with related parties are as follows:
(continued)
31 Desember/December 31
2025 2024
LIABILITAS LIABILITIES
Liabilitas segera (Catatan 18) 409 1.014 Obligations due immediately (Note 18)
Simpanan nasabah (Catatan 19) 386.974 404.298 Deposits from customers (Note 19)
Simpanan dari bank lain (Catatan 20) 2.610.117 2.914.963 Deposits from other banks (Note 20)
Liabilitas derivatif (Catatan 11) 740.969 508.422 Derivatives payable (Note 11)
Liabilitas akseptasi (Catatan 14b) 12.901 56.085 Acceptances payable (Note 14b)
Surat berharga yang diterbitkan (Catatan 22) - 51.987 Securities issued (Note 22)
Beban yang masih harus dibayar dan Accrued expenses and
liabilitas lain-lain (Catatan 25) 2.672 6.047 other liabilities (Note 25)
Pinjaman subordinasi (Catatan 26) 99.521 99.484 Subordinated loan (Note 26)
Persentase terhadap jumlah liabilitas Percentage to total liabilities
Liabilitas segera 0,00% 0,00% Obligations due immediately
Simpanan nasabah 0,24% 0,24% Deposits from customers
Simpanan dari bank lain 1,62% 1,75% Deposits from other banks
Liabilitas derivatif 0,46% 0,31% Derivatives payable
Liabilitas akseptasi 0,01% 0,03% Acceptances payable
Surat berharga yang diterbitkan - 0,03% Securities issued
Beban yang masih harus dibayar dan Accrued expenses and
liabilitas lain-lain 0,00% 0,00% other liabilities
Pinjaman subordinasi 0,06% 0,06% Subordinated loan
KOMITMEN DAN KONTINJENSI COMMITMENTS AND CONTINGENCIES
Liabilitas kontijensi Contingent liabilities
Garansi yang diberikan: Guarantee issued in form of:
Bank garansi (Catatan 32) 101.131 19.727 Bank guarantee (Note 32)
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
PENDAPATAN DAN BEBAN DAN SYARIAH INCOME AND EXPENSES AND SHARIA
Pendapatan bunga dan syariah (Catatan 33) 1.976 1.996 Interest and sharia income (Note 33)
Beban bunga dan syariah (Catatan 34) 28.282 20.442 Interest and sharia expenses (Note 34)
Persentase terhadap jumlah pendapatan Percentage to total interest
bunga dan beban bunga dan syariah income and interest expenses and sharia
Pendapatan bunga dan syariah 0,01% 0,02% Interest and sharia income
Beban bunga dan syariah 0,47% 0,34% Interest and sharia expenses
922 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
228
Page 925
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. INFORMASI MENGENAI TRANSAKSI DENGAN PIHAK 44. RELATED PARTIES INFORMATION (continued)
BERELASI (lanjutan)
Kompensasi atas karyawan kunci adalah sebagai Compensation of key management personnel were
berikut: as follows:
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year Ended December 31
2025 2024
35000000
Imbalan jangka pendek 445.206 397.515 Short-term benefits
Imbalan jangka panjang 46.970 42.907 Long-term benefits
Jumlah 492.176 440.422 Total
45. ASET DAN LIABILITAS MONETER DALAM MATA UANG 45. MONETARY ASSETS AND LIABILITIES DENOMINATED
ASING IN FOREIGN CURRENCIES
Posisi aset (sebelum dikurangi dengan cadangan The balances of monetary assets (before
kerugian penurunan nilai) dan liabilitas moneter deducting allowance for impairment losses) and
dalam mata uang asing pada tanggal laporan liabilities denominated in foreign currencies as of
posisi keuangan konsolidasian adalah sebagai the consolidated statements of financial position
berikut: date are as follows:
31 Desember/December 31
2025 2024
Aset Assets
Kas (Catatan 4) Cash (Note 4)
Dolar Amerika Serikat 88.801 106.313 United States Dollar
Dolar Singapura 23.874 15.486 Singapore Dollar
Lainnya 18.769 14.194 Others
131.444 135.993
Giro pada Bank Indonesia (Catatan 5) Current accounts with Bank Indonesia (Note 5)
Dolar Amerika Serikat 1.757.334 1.950.795 United States Dollar
Giro pada bank lain (Catatan 6) Current accounts with other banks (Note 6)
Dolar Amerika Serikat 2.283.926 1.896.137 United States Dollar
Yuan Tiongkok 409.891 128.853 Chinese Yuan
Euro Eropa 142.036 113.474 European Euro
Yen Jepang 125.474 46.345 Japanese Yen
Dolar Singapura 74.469 35.112 Singapore Dollar
Ringgit Malaysia 63.731 36.226 Malaysian Ringgit
Dolar Australia 56.404 40.964 Australian Dollar
Poundsterling Inggris 28.558 40.320 Great Britain Poundsterling
Rupee India 13.881 17.064 Indian Rupee
Franc Swiss 8.141 6.759 Swiss Franc
Dolar Selandia Baru 8.128 5.383 New Zealand Dollar
Dolar Hong Kong 5.323 7.907 Hong Kong Dollar
Dolar Kanada 4.676 2.733 Canadian Dollar
Lainnya 3.772 4.179 Others
3.228.410 2.381.456
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain (Catatan 7) and other banks (Note 7)
Dolar Amerika Serikat 2.167.750 2.816.625 United States Dollar
Rupee India 16.695 182.341 Indian Rupee
2.184.445 2.998.966
Efek-efek yang
diperdagangkan (Catatan 8) Trading securities (Note 8)
Dolar Amerika Serikat 28.626 31.770 United States Dollar
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 923
229
Page 926
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
45. ASET DAN LIABILITAS MONETER DALAM MATA UANG 45. MONETARY ASSETS AND LIABILITIES DENOMINATED
ASING (lanjutan) IN FOREIGN CURRENCIES (continued)
Posisi aset (sebelum dikurangi dengan cadangan The balances of monetary assets (before
kerugian penurunan nilai) dan liabilitas moneter deducting allowance for impairment losses) and
dalam mata uang asing pada tanggal laporan liabilities denominated in foreign currencies as of
posisi keuangan konsolidasian adalah sebagai the consolidated statements of financial position
berikut: (lanjutan) date are as follows: (continued)
31 Desember/December 31
2025 2024
Aset (lanjutan) Assets (continued)
Investasi keuangan (Catatan 9) Financial investments (Note 9)
Dolar Amerika Serikat 6.605.315 3.202.351 United States Dollar
Rupee India 197.810 221.657 Indian Rupee
Euro Eropa 196.795 121.558 European Euro
Yuan Tiongkok 16.290 14.026 Chinese Yuan
7.016.210 3.559.592
Efek-efek yang dibeli dengan janji Securities purchased under resale
dijual kembali (Catatan 10) agreements (Note 10)
Rupee India 185.486 9.399 Indian Rupee
Tagihan derivatif (Catatan 11) Derivatives receivable (Note 11)
Dolar Amerika Serikat 270.373 63.970 United States Dollar
Lainnya 115.413 51.349 Others
385.786 115.319
Kredit yang diberikan dan piutang/ Loans and sharia receivables/
pembiayaan syariah (Catatan 12) financing (Note 12)
Dolar Amerika Serikat 14.963.393 16.455.514 United States Dollar
Yen Jepang 2.050.326 2.922.557 Japanese Yen
Rupee India 642.937 533.896 Indian Rupee
Dolar Singapura 514.258 328.095 Singapore Dollar
Dolar Australia 54.068 121.395 Australian Dollar
Yuan Tiongkok - 12.659 Chinese Yuan
18.224.982 20.374.116
Tagihan akseptasi (Catatan 14a) Acceptances receivable (Note 14a)
Dolar Amerika Serikat 1.723.326 1.380.951 United States Dollar
Dolar Australia 23.183 - Australian Dollar
Yuan Tiongkok 16.106 1.273 Chinese Yuan
Lainnya 4.008 - Others
1.766.623 1.382.224
Beban dibayar dimuka dan Prepayments and
aset lain-lain other assets
Dolar Amerika Serikat 567.513 279.280 United States Dollar
Rupee India 37.733 26.081 Indian Rupee
Lainnya 8.296 4.259 Others
613.542 309.620
35.522.888 33.249.250
924 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
230
Page 927
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
45. ASET DAN LIABILITAS MONETER DALAM MATA UANG 45. MONETARY ASSETS AND LIABILITIES DENOMINATED
ASING (lanjutan) IN FOREIGN CURRENCIES (continued)
Posisi aset (sebelum dikurangi dengan cadangan The balances of monetary assets (before deducting
kerugian penurunan nilai) dan liabilitas moneter allowance for impairment losses) and liabilities
dalam mata uang asing pada tanggal laporan denominated in foreign currencies as of the
posisi keuangan konsolidasian adalah sebagai consolidated statements of financial position date
berikut: (lanjutan) are as follows: (continued)
31 Desember/December 31
2025 2024
Liabilitas Liabilities
Liabilitas segera (Catatan 18) Obligations due immediately (Note 18)
Dolar Amerika Serikat 116.487 35.328 United States Dollar
Dolar Australia 22.449 51 Australian Dollar
Dolar Singapura 5.469 12 Singapore Dollar
Rupee India 4.138 3.502 Indian Rupee
Lainnya 8.834 4.211 Others
157.377 43.104
Simpanan nasabah (Catatan 19) Deposits from customers (Note 19)
Dolar Amerika Serikat 22.062.013 21.128.500 United States Dollar
Yen Jepang 2.704.804 4.540.806 Japanese Yen
Dolar Singapura 1.380.221 752.304 Singapore Dollar
Euro Eropa 406.032 660.612 European Euro
Yuan Tiongkok 402.992 93.073 Chinese Yuan
Rupee India 344.064 353.664 Indian Rupee
Dolar Australia 286.391 252.301 Australian Dollar
Poundsterling Inggris 49.370 40.079 Great Britain Poundsterling
Ringgit Malaysia 28.106 11.246 Malaysian Ringgit
Lainnya 117 36 Others
27.664.110 27.832.621
Simpanan dari bank lain (Catatan 20) Deposits from other banks (Note 20)
Dolar Amerika Serikat 2.123.017 2.035.226 United States Dollar
Dolar Singapura 255.668 228.307 Singapore Dollar
Rupee India 160.183 51.276 Indian Rupee
2.538.868 2.314.809
Liabilitas derivatif (Catatan 11) Derivatives payable (Note 11)
Dolar Amerika Serikat 1.128.747 69.877 United States Dollar
Lainnya 84.385 50.668 Others
1.213.132 120.545
Liabilitas akseptasi (Catatan 14b) Acceptances payable (Note 14b)
Dolar Amerika Serikat 1.723.326 1.295.491 United States Dollar
Dolar Australia 23.183 - Australian Dollar
Lainnya 16.419 1.274 Others
1.762.928 1.296.765
Pinjaman diterima (Catatan 23) Borrowings (Note 23)
Dolar Amerika Serikat 4.085.375 7.677.315 United States Dollar
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 925
231
Page 928
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
45. ASET DAN LIABILITAS MONETER DALAM MATA UANG 45. MONETARY ASSETS AND LIABILITIES DENOMINATED
ASING (lanjutan) IN FOREIGN CURRENCIES (continued)
Posisi aset (sebelum dikurangi dengan cadangan The balances of monetary assets (before deducting
kerugian penurunan nilai) dan liabilitas moneter allowance for impairment losses) and liabilities
dalam mata uang asing pada tanggal laporan denominated in foreign currencies as of the
posisi keuangan konsolidasian adalah sebagai consolidated statements of financial position date
berikut: (lanjutan) are as follows: (continued)
31 Desember/December 31
2025 2024
Liabilitas (lanjutan) Liabilities (continued)
Utang pajak Taxes payable
Rupee India 19.557 6.110 Indian Rupee
Beban yang masih harus dibayar Accrued expenses and
dan liabilitas lain-lain (Catatan 25) other liabilities (Note 25)
Rupee India 67.373 79.604 Indian Rupee
Dolar Amerika Serikat 36.009 97.470 United States Dollar
Ringgit Malaysia 3.364 5.700 Malaysian Ringgit
Lainnya 4.724 1.727 Others
111.470 184.501
37.552.817 39.475.770
Posisi liabilitas - neto (2.029.929) (6.226.520) Liabilities position - net
46. KEPENTINGAN NON-PENGENDALI 46. NON-CONTROLLING INTEREST
Mutasi kepentingan non-pengendali atas kekayaan The movements of the non-controlling interest’s
neto entitas anak adalah sebagai berikut: share in the net assets of the subsidiaries are as
follows:
31 Desember/December 31
2025 2024
Saldo awal 601.526 537.714 Beginning balance
Bagian kepentingan non-pengendali Net income of subsidiaries
atas laba neto entitas anak attributable to non-controlling interest
tahun berjalan 44.829 82.680 for the current year
Keuntungan revaluasi aset tetap - 2.270 Gains on fixed assets revaluation
Keuntungan aktuarial atas program Actuarial gains on defined
manfaat pasti - setelah pajak tangguhan 8.614 1.314 benefit plan - net of deferred tax
Pembagian dividen tunai (24.793) (22.452) Distribution for cash dividend
Saldo akhir 630.176 601.526 Ending balance
926 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
232
Page 929
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
Berdasarkan kebijakan Bank, karyawan Under the Bank’s policy, in addition to salaries, the
memperoleh tunjangan dan manfaat selain gaji, employees are entitled to allowances and benefits,
yang antara lain berupa Tunjangan Hari Raya (THR), such as yearly allowances (THR), leave allowances,
tunjangan cuti, bonus, asuransi, dana pensiun, plan, bonus, insurance, pension plan, death benefit,
santunan kematian, jaminan sosial employee social security (Badan Penyelenggara
ketenagakerjaan (Badan Penyelenggara Jaminan Jaminan Sosial Ketenagakerjaan (BPJS
Sosial Ketenagakerjaan (BPJS Ketenagakerjaan)), Ketenagakerjaan)), and other benefits based on
dan manfaat lainnya berdasarkan Undang- Labor Law No. 13/2003.
undang Ketenagakerjaan No. 13/2003.
Liabilitas atas imbalan pasca kerja lainnya meliputi The liability for post employment benefits consisted
uang pesangon, uang penghargaan masa kerja dan of severance pay, service pay and compensation
uang penggantian hak sesuai dengan Undang- pay based on Labor Law No. 13/2003 and other
undang Tenaga Kerja No. 13/2003 dan kompensasi compensations in accordance with Collective
lainnya sesuai dengan Perjanjian Kerja Bersama. Labor Agreement.
Imbalan jangka panjang lainnya seperti uang pisah, Other long-term employee benefits such as
penghargaan masa kerja, manfaat cacat/sakit separation pay, service award, disability/longterm
berkepanjangan dan cuti panjang dihitung dengan sick leave benefit and long leave service are
menggunakan metode projected unit credit dan calculated using the projected unit credit method
didiskontokan ke nilai kini. and discounted to present value.
Pada November 2020, Pemerintah telah mensahkan In November 2020, the Government has signed Law
UU No.11 Tahun 2020 tentang Cipta Kerja (UU Cipta No. 11 Year 2020 regarding Job Creation (Job
Kerja) yang mengganti/menghapus/menambah Creation Law) which amends/removes/adds
sebagian ketentuan dalam UU No.13 Tahun 2003 several regulations in Law No. 13 Year 2003
tentang Ketenagakerjaan. Selanjutnya pada bulan regarding Employment. Subsequently, in February
Februari 2021, Pemerintah mengeluarkan Peraturan 2021, the Government issued Government
Pemerintah No. 35 Tahun 2021 tentang Perjanjian Regulation No. 35 Year 2021 regarding Fixed Term
Kerja Waktu Tertentu (PKWT), Alih Daya, Waktu Kerja Employment Contract (PKWT), Outsourcing,
dan Waktu Istirahat dan PHK sebagai peraturan Working Time and Rest Time and Termination as
pelaksanaan dari ketentuan UU Cipta Kerja. Salah implementation guidance for the requirements in
satu ketentuan terbaru dalam UUCK dan PP Nomor Job Creation Law. One of the latest requirements in
35/2021 tersebut adalah ketentuan mengenai uang the Job Creation Law and the Government
kompensasi yang wajib dibayarkan oleh Regulation No 35/2021 is the requirement regarding
Perusahaan dalam hal berakhinya perjanjian kerja mandatory compensation to be paid by the
waktu tertentu antara Perusahaan dengan Pekerja. Company when the fixed term employment
Dengan berlakunya UU Cipta Kerja berikut dengan contract between the Company and the Employee
peraturan pelaksanaannya, maka ketentuan has ended. The implementation of the Job Creation
tersebut berdampak pada liabilitas imbalan Law and its implementation guidance will have
pascakerja. impact to the obligation for post-employment
benefit.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 927
233
Page 930
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
(lanjutan) (continued)
a. Dana Pensiun a. Pension Plan
Dana pensiun iuran pasti Bank dikelola oleh The Bank’s defined contribution pension plan is
Dana Pensiun Lembaga Keuangan AIA (DPLK - managed by Dana Pensiun Lembaga
AIA). Untuk dana pensiun iuran pasti entitas Keuangan AIA (DPLK - AIA). Defined
anak (WOM dan MIF) masing-masing dikelola contribution pension plan for subsidiaries
Dana Pensiun Lembaga Keuangan AIA (DPLK - (WOM and MIF) is managed by Dana Pensiun
AIA) dan Dana Pensiun Lembaga Keuangan AIG Lembaga Keuangan AIA (DPLK - AIA) and Dana
(DPLK - AIG). Semua lembaga tersebut Pensiun Lembaga Keuangan AIG (DPLK - AIG).
merupakan pihak ketiga Bank dan entitas anak. All the respective institutions are Bank and its
subsidiaries third party.
Syarat untuk menjadi peserta program pensiun The requirements to become participants of
Bank adalah pegawai tetap Bank yang ingin the Bank’s pension plan are permanent
menjadi peserta program pensiun dan employees who are interested to become
berumur di atas 18 tahun atau telah menikah. participants of the pension plan and above
18 years of age or are married.
Iuran pensiun DPLK - AIA Bank sampai dengan The contribution for Bank’s DPLK - AIA until June
Juni 2015 ditetapkan sebesar 8,76% dari gaji 2015 is determined at 8.76% of the employees’
karyawan peserta dana pensiun, di mana salary who join the pension plan, of which 5.76%
5,76% ditanggung Bank dan sisanya sebesar is contributed by the Bank and the remaining
3,00% ditanggung oleh karyawan. Sehubungan 3.00% is contributed by the employee. With
dengan pelaksanaan program BPJS Pensiun regards to the implementation of new BPJS
dari Pemerintah (PP No. 45/2015), maka mulai Pension program from Government (PP
Juli 2015, program pensiun telah terintegrasi No.45/2015), starting July 2015, the Bank
antara Iuran Dana Pensiun DPLK - AIA dengan decided to integrate pension plan, consisting
Iuran BPJS Pensiun. Iuran pensiun DPLK - AIA of DPLK - AIA contribution and BPJS Pension
ditetapkan menjadi 3,76% ditanggung oleh contribution. The contribution for DPLK - AIA is
Bank dan 2,00% ditanggung oleh karyawan. determined at 3.76% contributed by the Bank
Ditambah dengan kontribusi ke program BPJS and 2.00% contributed by the employee. These
Pensiun sebesar 2,00% ditanggung oleh Bank contributions will be added with BPJS Pension’s
dan 1,00% akan ditanggung oleh karyawan. contribution which consists of 2.00%
Beban pensiun Bank selama tahun yang contribution from the Bank and 1.00%
berakhir pada tanggal 31 Desember 2025 dan contribution from the employee. The Bank’s
2024, masing-masing berjumlah Rp34.065 dan pension expense for the year ended December
Rp34.100 yang termasuk dalam laporan laba 31, 2025 and 2024, amounted to Rp34,065 and
rugi dan penghasilan komprehensif lain Rp34,100, respectively, included under the
konsolidasian. consolidated statements of profit and loss and
other comprehensive income.
928 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
234
Page 931
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
(lanjutan) (continued)
a. Dana Pensiun (lanjutan) a. Pension Plan (continued)
Alokasi dari dana pensiun iuran pasti Bank The allocation of Bank’s defined contribution
yang dikelola oleh DPLK-AIA adalah sebagai pension plan which is managed by DPLK-AIA is
berikut: as follow:
31 Desember/December 31
2025 2024
Dana saham 33,60% 34,95% Stocks funding
Dana tetap 64,48% 61,75% Fixed income funding
Dana pasar uang 1,92% 3,30% Money Market funding
Jumlah 100,00% 100,00% Total
b. Penyisihan Imbalan Karyawan b. Provision for Employee Benefits
Kewajiban imbalan karyawan adalah sebagai The employees’ benefits obligations are as
berikut: follows:
31 Desember/December 31
2025 2024 2023 2022 2021
Nilai kini kewajiban
Imbalan pasti Present value of defined benefit
diakui dalam obligations recognized
tahun berjalan 1.552.453) 1.649.703 1.521.830 1.444.263 1.416.914 during the year
Mutasi kewajiban imbalan karyawan adalah Changes in the employee benefits obligations
sebagai berikut: are as follows:
31 Desember/December 31
2025 2024
Saldo awal 1.649.703 1.521.830 Beginning balance
Beban manfaat karyawan Employee benefit expenses
selama tahun berjalan 186.752 365.973 during the year
Jumlah yang diakui di pendapatan Total amount recognized in
komprehensif lainnya (131.660) (93.926) other comprehensive income
Manfaat yang dibayarkan (152.342) (144.174) Benefits paid
Saldo akhir 1.552.453 1.649.703 Ending balance
Keuntungan aktuarial atas program manfaat Actuarial gains on defined benefit plan-net of
pasti-setelah pajak tangguhan pada tanggal deferred tax as of December 31, 2025 and 2024
31 Desember 2025 dan 2024 masing-masing amounted to Rp517,126 and Rp423,045,
adalah sebesar Rp517.126 dan Rp423.045. respectively.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 929
235
Page 932
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Penyisihan Imbalan Karyawan (lanjutan) b. Provision for Employee Benefits (continued)
Perubahan nilai kini kewajiban imbalan pasti The changes in the present value of defined benefit
adalah sebagai berikut: obligation are as follows:
31 Desember/December 31
2025 2024
Nilai kini kewajiban imbalan Present value of defined benefit obligations
pasti pada awal tahun 1.649.703 1.521.830 at the beginning of the year
Biaya jasa 203.372 427.124 Service cost
Manfaat yang dibayarkan (152.342) (144.174) Benefit paid
Biaya bunga 99.651 108.366 Interest cost
Keuntungan aktuaria (247.931) (263.443) Actuarial gains
Jumlah 1.552.453 1.649.703 Total
Tabel di bawah ini mengikhtisarkan komponen The following table summarizes the
beban manfaat karyawan sesuai dengan components of employee benefit costs in
perjanjian kesepakatan antara Bank, entitas accordance with agreements between the
anak dan karyawan yang telah sesuai dengan Bank, subsidiaries and their employees which
peraturan dan undang-undang yang berlaku. had complied with prevailing regulations and
laws.
31 Desember/December 31
2025 2024
Biaya jasa kini 203.372 427.124 Current service cost
Beban bunga 99.651 108.366 Interest cost
Keuntungan aktuaria neto diakui Net actuarial gain
dalam tahun berjalan (116.271) (169.517) recognized during the year
186.752 365.973
236
930 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 933
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Penyisihan Imbalan Karyawan (lanjutan) b. Provision for Employee Benefits (continued)
Jumlah yang diakui pada pendapatan The total amount recognised in other
komprehensif lainnya ditunjukkan pada tabel di comprehensive income is shown in table
bawah ini: below:
41020000_01 31 Desember/December 31
2025 2024
Pengukuran Kembali Kewajiban Remeasurement of The Net
Imbalan Pasti Neto: Defined Benefit Obligation:
Keuntungan aktuarial dari perubahan Actuarial gain from changes in
asumsi demografi (124.961) - demographic assumption
Keuntungan aktuarial dari perubahan Actuarial gain from changes in
asumsi keuangan (3.918) (43.811) financial assumption
Keuntungan aktuarial dari Actuarial gain from
penyesuaian pengalaman (2.781) (50.115) experience adjustment
Jumlah yang diakui pada Total amount recognized
pendapatan komprehensif lainnya (131.660) (93.926) in other comprehensive income
Rekonsiliasi Pendapatan Reconciliation of Other
Komprehensif Lainnya: Comprehensive Income:
Saldo awal (542.365) (450.125) Beginning balance
Jumlah yang diakui pada Total amount recognized in other
pendapatan komprehensif comprehensive income
lainnya selama tahun berjalan (131.660) (93.926) during the year
Lainnya 11.044 1.686 Others
Saldo akhir (662.981) (542.365) Ending balance
Asumsi utama yang digunakan untuk The principal assumptions used to determine
menghitung estimasi beban dan kewajiban the estimated costs and obligations for
pada 31 Desember 2025 tersebut adalah December 31, 2025, are as follows:
sebagai berikut:
Bank WOM MIF
Tingkat mortalita : TMI’19 TMI’19 TMI’19 Mortality rate:
Tingkat cacat : 10% dari tingkat 10% dari tingkat 10% dari tingkat Disability rate:
kematian/of kematian/of kematian/of
mortality rate mortality rate mortality rate
Tingkat pengunduran diri Resignation rate
Usia kurang dari 30 tahun : 15% per tahun/ 15% per tahun/ 11% per tahun/ Age less than 30 years:
annum annum annum
Usia 30 - 34 tahun : 12,5% per tahun/ 15% per tahun/ 5,5% per tahun/ Age 30 - 34 years:
annum annum annum
Usia 35 - 39 tahun : 9% per tahun/ 12,5% per tahun/ 3,3% per tahun/ Age 35 - 39 years:
annum annum annum
Usia 40 - 44 tahun : 5% per tahun/ 12,5% per tahun/ 2,2% per tahun/ Age 40 - 44 years:
annum annum annum
Usia 45 - 49 tahun : 2% 12,5% per tahun/ 2,2% per tahun Age 45 - 50 years:
annum annum
Usia 50 - 53 tahun : 0,5% 5% per tahun/ 1,1% per tahun/ Age 51 - 52 years:
annum annum
Usia 53 - 55 tahun ke atas : 0,5% 0% 0% Age 53 years and over:
Kenaikan gaji : 6,00% per tahun/ 6,00% per tahun/ 6,00% per tahun/ Salary increase rate
annum annum annum
Tingkat diskonto : 6,25% 6,25% 6,25% Discount rate
per tahun/annum per tahun/annum per tahun/annum
Sisa masa kerja karyawan : 0,02 - 34,45 tahun/ 1 – 34,67 tahun/ 1 - 30,17 tahun/ Remaining years of service of employee
years years years
237
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 931
Page 934
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Penyisihan Imbalan Karyawan (lanjutan) b. Provision for Employee Benefits (continued)
Asumsi utama yang digunakan untuk The principal assumptions used to determine
menghitung estimasi beban dan kewajiban the estimated costs and obligations for
pada 31 Desember 2024 tersebut adalah December 31, 2024, are as follows:
sebagai berikut:
Bank WOM MIF
Tingkat mortalita : TMI’19 TMI’19 TMI’19 Mortality rate:
Tingkat cacat : 10% dari tingkat 10% dari tingkat 10% dari tingkat Disability rate:
kematian/of kematian/of kematian/of
mortality rate mortality rate mortality rate
Tingkat pengunduran diri Resignation rate
Usia kurang dari 30 tahun : 11% per tahun/ 10% per tahun/ 11% per tahun/ Age less than 30 years:
annum annum annum
Usia 30 - 34 tahun : 6% per tahun/ 5% per tahun/ 6% per tahun/ Age 30 - 34 years:
annum annum annum
Usia 35 - 39 tahun : 3% per tahun/ 3% per tahun/ 3% per tahun/ Age 35 - 39 years:
annum annum annum
Usia 40 - 44 tahun : 2% per tahun/ 2% per tahun/ 2% per tahun/ Age 40 - 44 years:
annum annum annum
Usia 45 - 50 tahun : 0% 2% per tahun/ 2% per tahun Age 45 - 50 years:
annum annum
Usia 51 - 52 tahun : 0% 1% per tahun/ 1% per tahun/ Age 51 - 52 years:
annum annum
Usia 53 tahun ke atas : 0% 0% 0% Age 53 years and over:
Kenaikan gaji : 7,00% per tahun/ 7,00% per tahun/ 7,00% per tahun/ Salary increase rate
annum annum annum
Tingkat diskonto : 6,88 - 7,13% 6,88 - 7,13% 6,88 - 7,13% Discount rate
per tahun/annum per tahun/annum per tahun/annum
Sisa masa kerja karyawan : 1 – 33,75 tahun/ 1 - 34,67 tahun/ 1 - 31,17 tahun/ Remaining years of service of employee
years years years
932 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
238
Page 935
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. DANA PENSIUN DAN MANFAAT KARYAWAN 47. PENSION PLAN AND EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Penyisihan Imbalan Karyawan (lanjutan) b. Provision for Employee Benefits (continued)
Analisa sensitivitas untuk risiko tingkat Sensitivity analysis for discount rate risk:
diskonto:
Tabel berikut menyajikan perubahan satu poin The following tables summarize one
persentase dalam tingkat diskonto yang percentage point change in the assumed
diasumsikan akan memiliki dampak terhadap discount rate to defined benefit obligations
kewajiban imbalan pasti sebagai berikut: would have the following effects:
31 Desember/December 31
2025 2024
Kenaikan suku bunga dalam 1% (1.666.595) (186.435) Increase in interest rate in 1%
Penurunan suku bunga dalam 1% (1.494.529) (38.671) Decrease in ineterest rate in 1%
Tabel berikut menyajikan perubahan satu poin The following tables summarize one
persentase dalam tingkat kenaikan gaji yang percentage point change in the assumed
diasumsikan akan memiliki dampak terhadap salary increase to defined benefit obligations
kewajiban imbalan pasti sebagai berikut: would have the following effects:
31 Desember/December 31
2025 2024
Kenaikan gaji dalam 1% (1.464.358) 28.492 Increase in salary in 1%
Penurunan gaji dalam 1% (1.630.574) (179.378) Decrease in salary in 1%
Jatuh tempo dari liabilitas imbalan pasca kerja The undiscounted maturity of the obligation for
tanpa didiskonto adalah sebagai berikut: post employment benefit is as follow:
31 Desember/December 31
2025 2024
Dalam 1 tahun ke depan 223.217 132.017 Within the next 1 year
Dalam 1 sampai 2 tahun 220.187 192.249 Within 1 to 2 years
Dalam 2 sampai 5 tahun 607.229 625.465 Within 2 to 5 years
Dalam 5 sampai 10 tahun 1.119.467 1.220.948 Within 5 to 10 years
Lebih dari 10 tahun 4.181.345 9.823.076 More than 10 years
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 933
239
Page 936
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI 48. OPERATING SEGMENT
Berikut adalah informasi keuangan tertentu untuk The following sets forth certain financial
Bank dan entitas anak: information for the Bank and subsidiaries:
a. Bidang usaha a. Business activities
Bidang Usaha Business Activities
Perbankan konvensional Conventional banking
dan perbankan syariah Bank and sharia banking
Pembiayaan PT Maybank Indonesia Finance Multi-financing
Pembiayaan PT Wahana Ottomitra Multiartha Tbk Multi-financing
b. Segmen usaha b. Business segment
Segmen operasi Operating segment
Segmen operasi dilaporkan sesuai dengan Operating segments are reported in
laporan internal Bank yang disiapkan untuk accordance with the internal reporting
mengambil keputusan operasional yang provided to the chief operating decision maker
bertanggung jawab untuk mengalokasikan which is responsible for allocating resources to
sumber daya ke segmen tertentu dan certain segments and performance
penilaian atas performanya. assessments.
Untuk kepentingan manajemen, Bank For management purposes, the Bank is
diorganisasikan kedalam tiga segmen operasi organized into three operating segments
berdasarkan produk dan jasa sebagai berikut: based on products and services as follows:
- Segmen Perbankan Global - Global Banking segment
- Segmen Perbankan Bisnis - Business Banking segment
- Segmen Ritel - Retail segment
Tidak ada pendapatan dari satu konsumen No revenue from transactions with a single
eksternal atau pihak lain yang mencapai 10% external customer or counterparty amounted
atau lebih dari total pendapatan Bank untuk to 10% or more of the Bank’s total revenue for
tahun yang berakhir pada tanggal-tanggal 31 the year ended December 31, 2025 and 2024.
Desember 2025 dan 2024.
Untuk tahun yang berakhir pada tanggal- For the year ended December 31, 2025 and
tanggal 31 Desember 2025 dan 2024, Bank dan 2024, the Bank and subsidiaries divided the
entitas anak membagi segmen berdasarkan segment based on business unit.
unit bisnis.
934 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
240
Page 937
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI (lanjutan) 48. OPERATING SEGMENT (continued)
b. Segmen usaha (lanjutan) b. Business segment (continued)
Segmen operasi (lanjutan) Operating segment (continued)
Berikut ini adalah informasi segmen Bank dan Following is the business segment information
entitas anak berdasarkan segmen operasi: of the Bank and subsidiaries, which are based
on operating segment:
Tahun yang Berakhir pada Tanggal 31 Desember 2025/
Year ended December 31, 2025
Perbankan CFS Non Kantor Pusat dan
Global/ Ritel/ Lainnya/
Global CFS Non CFS Ritel/ Head Office and Jumlah/
Banking 1) Retail) 2) CFS Retail 3) Others Total
LAPORAN LABA RUGI CONSOLIDATED STATEMENT
DAN PENGHASILAN OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE
KONSOLIDASIAN INCOME
Pendapatan bunga - neto 3.338.031 847.751 3.341.752 (305.632) 7.221.902 Interest income - net
Pendapatan/(beban) bunga Inter-segment interest
antar segmen (1.771.875) 617.651 609.905 544.319 - income/(expenses)
Pendapatan bunga Interest income
setelah bunga antar after inter-segment
segmen - neto 1.566.156 1.465.402 3.951.657 238.687 7.221.902 income - net
Pendapatan operasional - kotor 830.631 378.686 1.339.538 (222.088) 2.326.767 Operating income - gross
Beban operasi (524.405) (610.971) (2.574.930) (2.739.151) (6.449.457) Operating expenses
Pendapatan operasional Operating income
sebelum penyisihan kerugian before allowance for
penurunan nilai - neto 1.872.382 1.233.117 2.716.265 (2.722.552) 3.099.212 impairment losses - net
Penyisihan kerugian penurunan nilai (87.455) (235.877) (906.424) 253.490 (976.266) Allowance for impairment losses
Pendapatan operasional - neto 1.784.927 997.240 1.809.841 (2.469.062) 2.122.946 Operating income - net
Beban non-operasional - neto 18.315 22.220 (1.789) 61.101 99.847 Non-operating expense - net
Laba sebelum alokasi Profit before allocation of
beban tidak langsung 1.803.242 1.019.460 1.808.052 (2.407.961) 2.222.793 indirect costs
Beban tidak langsung (553.149) (775.280) (1.051.416) 2.379.845 - Indirect costs
Laba sebelum beban pajak 1.250.093 244.180 756.636 (28.116) 2.222.793 Income before tax expenses
Beban pajak (520.598) Tax expenses
Laba tahun berjalan 1.702.195 Income for the year
LAPORAN POSISI CONSOLIDATED STATEMENTS
KEUANGAN KONSOLIDASIAN OF FINANCIAL POSITION
Jumlah aset 84.831.114 39.639.217 33.603.720 35.643.582 193.717.633 Total assets
Jumlah liabilitas 52.394.238 47.163.385 40.198.829 20.877.698 160.634.150 Total liabilites
1) Perbankan Global terdiri dari corporate banking, tresuri, 1) Global Banking consist of corporate banking, treasury,
cabang luar negeri dan syariah overseas branches and sharia
2) CFS Non Ritel terdiri dari Usaha Kecil Menengah (UKM), 2) CFS Non Retail consist of Small Medium Enterprise (SME),
komersial, mikro dan syariah commercial, micro and sharia
3) CFS Ritel terdiri dari retail banking, entitas anak dan 3) CFS Retail consist of consumer banking, subsidiaries and
syariah sharia
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 935
241
Page 938
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI (lanjutan) 48. OPERATING SEGMENT (continued)
b. Segmen usaha (lanjutan) b. Business segment (continued)
Segmen operasi (lanjutan) Operating segment (continued)
Berikut ini adalah informasi segmen Bank dan Following is the business segment information
entitas anak berdasarkan segmen operasi: of the Bank and subsidiaries, which are based
(lanjutan) on operating segment: (continued)
Tahun yang Berakhir pada Tanggal 31 Desember 2024/
Year ended December 31, 2024
Perbankan CFS Non Kantor Pusat dan
Global/ Ritel/ Lainnya/
Global CFS Non CFS Ritel/ Head Office and Jumlah/
Banking 1) Retail) 2) CFS Retail 3) Others Total
LAPORAN LABA RUGI CONSOLIDATED STATEMENT
DAN PENGHASILAN OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE
KONSOLIDASIAN INCOME
Pendapatan bunga - neto 3.280.172 858.473 3.116.650 (149.885) 7.105.410 Interest income - net
Pendapatan/(beban) bunga Inter-segment interest
antar segmen (2.058.290) 537.159 911.761 609.370 - income/(expenses)
Pendapatan bunga Interest income
setelah bunga antar after inter-segment
segmen - neto 1.221.882 1.395.632 4.028.411 459.485 7.105.410 income - net
Pendapatan/(beban) operasional - kotor 723.847 485.090 1.444.305 (501.044) 2.152.198 Operating income/(expenses) - gross
Beban operasi (502.174) (597.367) (2.473.105) (2.726.946) (6.299.592) Operating expenses
Pendapatan operasional Operating income
sebelum penyisihan kerugian before allowance for
penurunan nilai - neto 1.443.555 1.283.355 2.999.611 (2.768.505) 2.958.016 impairment losses - net
Penyisihan kerugian penurunan nilai (773.798) (174.284) (689.434) 268.140 (1.369.376) Allowance for impairment losses
Pendapatan operasional - neto 669.757 1.109.071 2.310.177 (2.500.365) 1.588.640 Operating income - net
Pendapatan/(beban) non-operasional - neto (77) 1.434 (3.518) 13.834 11.673 Non-operating income/(expense) - net
Rugi sebelum alokasi Losses before allocation of
beban tidak langsung 669.680 1.110.505 2.306.659 (2.486.531) 1.600.313 indirect costs
Beban tidak langsung (550.495) (763.511) (1.044.991) 2.358.997 - Indirect costs
Laba sebelum beban pajak 119.185 346.994 1.261.668 (127.534) 1.600.313 Income before tax expenses
Beban pajak (401.670) Tax expenses
Laba tahun berjalan 1.198.643 Income for the year
LAPORAN POSISI CONSOLIDATED STATEMENTS
KEUANGAN KONSOLIDASIAN OF FINANCIAL POSITION
Jumlah aset 89.935.174 37.242.430 32.302.363 37.699.855 197.179.822 Total assets
Jumlah liabilitas 66.709.330 44.472.721 45.623.566 9.165.814 165.971.431 Total liabilites
1) Perbankan Global terdiri dari corporate banking, tresuri, 1) Global Banking consist of corporate banking, treasury,
cabang luar negeri dan syariah overseas branches and sharia
2) CFS Non Ritel terdiri dari Usaha Kecil Menengah (UKM), 2) CFS Non Retail consist of Small Medium Enterprise (SME),
komersial, mikro dan syariah commercial, micro and sharia
3) CFS Ritel terdiri dari retail banking, entitas anak dan 3) CFS Retail consist of consumer banking, subsidiaries and
syariah sharia
936 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
242
Page 939
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI (lanjutan) 48. OPERATING SEGMENT (continued)
b. Segmen usaha (lanjutan) b. Business segment (continued)
Segmen geografis Geographic segment
31 Desember/December 31, 2025
Luar negeri/
Indonesia/ Outside Jumlah/
Indonesia Indonesia Total
Jumlah aset tidak lancar 4.877.691 9.638 4.887.329 Total non-current assets
Pendapatan bunga 13.146.128 59.726 13.205.854 Interest income
31 Desember/December 31, 2024
Luar negeri/
Indonesia/ Outside Jumlah/
Indonesia Indonesia Total
Jumlah aset tidak lancar 5.157.069 3.398 5.160.467 Total non-current assets
Pendapatan bunga 13.008.038 54.164 13.062.202 Interest income
49. JAMINAN LEMBAGA PENJAMIN SIMPANAN 49. INDONESIA DEPOSIT INSURANCE CORPORATION
TERHADAP LIABILITAS PEMBAYARAN BANK UMUM GUARANTEE ON OBLIGATIONS OF COMMERCIAL
BANKS
Sejak tahun 1998, Pemerintah menjamin liabilitas Since 1998, the Government guarantees the
bank umum meliputi giro, tabungan, deposito obligations of private banks including demand
berjangka dan deposito on call, obligasi, surat deposits, savings deposits, time deposits and
berharga, pinjaman antar bank, pinjaman yang deposits on call, bonds, marketable securities,
diterima, letters of credit, akseptasi, swap mata interbank borrowings, fund borrowings, letters of
uang dan liabilitas kontinjensi lainnya seperti bank credit, acceptances, currency swap and other
garansi, standby letters of credit, performance contingent liabilities such as bank guarantees,
bonds dan liabilitas sejenis selain yang dikecualikan standby letters of credit, performance bonds and
dalam keputusan ini seperti obligasi subordinasi other kinds of liabilities other than those excluded
dan liabilitas kepada direktur, komisaris dan pihak in this regulation such as subordinated bonds,
berelasi dengan Bank. liabilities to directors, commissioners and related
parties of the Bank.
Pada tanggal 13 Oktober 2008, Presiden Republik On October 13, 2008, the President of the Republic
Indonesia menetapkan Peraturan Pemerintah of Indonesia approved Government Regulation No.
No. 66 Tahun 2008 tentang besaran nilai simpanan 66 year 2008 regarding the amount of deposits
yang dijamin Lembaga Penjamin Simpanan (LPS). guaranteed by Indonesia Deposit Guarantee
Berdasarkan Peraturan tersebut, nilai simpanan Corporation (LPS). Based on such Regulation, the
yang dijamin untuk setiap nasabah pada satu bank guaranteed deposit amount for each customer in
yang semula berdasarkan Undang-Undang a bank which previously according to Law No. 24
No. 24 Tahun 2004 ditetapkan maksimum Rp100 year 2004 amounted to a maximum of Rp100 was
diubah menjadi maksimum Rp2.000. amended to a maximum amount of Rp2,000.
Berdasarkan Undang-undang Republik Indonesia Based on the Law of the Republic of Indonesia
No. 7 Tahun 2009, Peraturan Pemerintah Pengganti No. 7 year 2009, Government Regulation in Lieu of
Undang-undang tentang Lembaga Penjaminan Law on Lembaga Penjamin Simpanan (LPS) has
Simpanan telah ditetapkan menjadi Undang- been set into law since January 13, 2009.
undang sejak tanggal 13 Januari 2009.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 937
243
Page 940
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO 50. RISK MANAGEMENT
Dalam penerapan manajemen risiko, Bank Risk Management implementation is based on
berpedoman kepada POJK No.18/POJK.03/2016 POJK No.18/POJK.03/2016 4 (four) pillars concerning
tentang Penerapan Manajemen Risiko Bagi Bank Implementation of Risk Management for Bank, that
Umum dengan 4 (empat) pilar utama yang covers:
mencakup:
1. Pengawasan aktif Dewan Komisaris dan Direksi; 1. Board of Commissioners and Board of
Director’s active supervision;
2. Kecukupan kebijakan, prosedur dan 2. Adequacy of policies, procedures and
penetapan limit manajemen risiko; determination of risk management limits;
3. Kecukupan proses identifikasi, pengukuran, 3. Adequacy of risk identification measurement,
pemantauan dan pengendalian risiko serta monitoring & control, including Risk
Sistem Informasi Manajemen Risiko; dan Management Information System; and
4. Sistem pengendalian internal yang 4. Comprehensive of internal control system.
menyeluruh.
Untuk mewujudkan keempat pilar tersebut, Bank In implementing these four pillars, the Bank applies
menerapkan model tata kelola risiko yang a risk governance model to regulate the
bertujuan untuk mengatur pembagian tugas dan distribution of roles and responsibilities of each
tanggung jawab setiap pihak yang terkait dalam stakeholders that involves in risk management
proses pengelolaan risiko namun dalam waktu process whilst allowing for independency and
yang sama juga memberikan independensi dan segregation of duties between 3 (three) lines of
pemisahaan tugas diantara 3 (tiga) lini pertahanan defense comprising of 1st line as the risk owners
yaitu: lini 1 yang merupakan risk owner which conduct day-to-day management of risks,
dan pengelola risiko sehari-hari, lini 2 yang 2nd line which oversees risk management process
merupakan fungsi pengawasan terhadap proses done by 1st line and 3rd line that provides
pengelolaan risiko yang dilakukan lini 1 dan lini 3 independent assessment of the Bank’s risk
yang memberikan penilaian independen atas management practices.
pelaksanaan manajemen risiko Bank.
Selanjutnya, beberapa Komite dan Satuan Kerja Further, The Risk Management Committees and
Manajemen Risiko di bawah ini dibentuk untuk Unit below were formed to implement active
mewujudkan pengawasan aktif Dewan Komisaris supervision of the Board of Commisioners and
dan Direksi dalam pelaksanaan Manajemen Risiko. Board of Directors in the implementation of Risk
Management.
1. Pada tingkat Dewan Komisaris, yaitu: 1. At Board of Commissioners level, there are:
a. Komite Audit a. Audit Committee (AC)
b. Komite Pemantau Risiko b. Risk Oversight Committee (ROC)
c. Komite Nominasi dan Remunerasi c. Nomination and Remuneration
Committee
d. Komite Tata Kelola Terintegrasi d. Integrated Good Corporate Governance
Committee
e. Komite Pemantau Teknologi Informasi e. Information Technology Oversight
Committee (ITOC)
f. Komite Tata Kelola Whistleblowing f. Whistleblowing Governance Committee
(WBGC)
2. Pada Tingkat Direksi, yaitu: 2. At Board of Directors level, there are:
a. Komite Manajemen Risiko a. Risk Management Committee (RMC)
b. Komite Assets & Liabilities Management b. Assets & Liabilities Management
Committee (ALCO)
c. Komite Kredit c. Credit Committee (CC)
d. Komite Restrukturisasi Kredit d. Credit Restructuring Committee (CRC)
e. Komite Pengarah Teknologi Informasi e. Information Technology Steering
Committee (ITSC)
f. Komite Sumber Daya Manusia f. Human Capital Committee
g. Komite Manajemen Risiko Terintegrasi g. Integrated Risk Management Committee
h. Komite Internal Audit h. Internal Audit Committee (IAC)
244
938 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 941
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Selanjutnya, beberapa Komite dan Satuan Kerja Further, The Risk Management Committees and
Manajemen Risiko di bawah ini dibentuk untuk Unit below were formed to implement active
mewujudkan pengawasan aktif Dewan Komisaris supervision of the Board of Commisioners and
dan Direksi dalam pelaksanaan Manajemen Risiko Board of Directors in the implementation of Risk
(lanjutan) Management (continued)
2. Pada Tingkat Direksi, yaitu: (lanjutan) 2. At Board of Directors level, there are:
(continued)
i. Komite Pendisiplinan Sumber Daya i. Human Capital Disciplinarian Comittee
Manusia
j. Komite Kebijakan Perkreditan atau j. Credit or Financing Policy Committee
Pembiayaan
k. Komite Pengarah Layanan Digital k. Digital Steering Committee
l. Komite Pengarah Bersama l. Joint Steering Committee
m. Komite-komite pendukung lainnya m. Other supporting Committee
3. Satuan Kerja Manajemen Risiko, yaitu: 3. Risk Management Unit, there are:
a. Satuan Kerja Manajemen Risiko (SKMR) a. Risk Management Unit
b. Satuan Kerja Manajemen Risiko b. Integrated Risk Management Unit
Terintegrasi (SKMRT)
Risiko Kredit Credit Risk
Risiko Kredit adalah risiko kerugian akibat Credit Risk is the loss risk when a counterparty fails
kegagalan pihak lain dalam memenuhi to meet its obligations to Bank in accordance with
kewajibannya kepada Bank sesuai dengan the agreed terms of a credit facility. Credit Risk
persyaratan fasilitas kredit yang telah disepakati. includes credit risk due to the borrower’s default,
Termasuk dalam Risiko Kredit yaitu Risiko Kredit credit risk due to concentration of fund provisions
akibat kegagalan debitur, Risiko Kredit akibat (concentration risk), credit risk due to
terkonsentrasinya penyediaan dana (Risiko counterparty’s default (counterparty credit risk),
Konsentrasi Kredit), Risiko Kredit akibat kegagalan credit risk due to settlement failure (settlement risk),
pihak lawan (counterparty credit risk), Risiko Kredit and credit risk due to country Risk.
akibat kegagalan settlement (settlement risk), dan
Risiko Kredit akibat country risk.
Di tengah kondisi makro ekonomi yang penuh In the midst of challenging macroeconomic
tantangan, Bank tetap dapat menjaga rasio kredit conditions, Bank is able to maintain its NPL ratio
bermasalah (NPL) dalam batas yang within the required limits through continuous
dipersyaratkan melalui proses pemberian kredit selective credit process, a rigorous early monitoring
yang selektif dan berkelanjutan, proses process and also supported by the handling of
pemantauan melalui early alert yang ketat dan problem loans by Remedial, Asset Quality
juga didukung oleh penanganan kredit bermasalah Management and Collection to increase the
oleh Remedial, Asset Quality Management dan recovery rate of the NPL.
Collection untuk meningkatkan tingkat
pengembalian dari NPL.
a) Risiko kredit maksimum a) Maximum credit risk
Untuk aset keuangan yang diakui di laporan For financial assets recognized on the
posisi keuangan konsolidasi, eksposur consolidated financial statement, the maximum
maksimum terhadap risiko kredit sama dengan exposure to credit risk equals to their carrying
nilai tercatat. Untuk bank garansi dan irrevocable amount. For bank guarantees and irrevocable
L/C, eksposur maksimum terhadap risiko kredit L/C, the maximum exposure to credit risk is the
adalah nilai maksimum yang harus dibayarkan maximum amount that the Bank would have to
oleh Bank jika kewajiban atas bank garansi dan pay if the obligations of the bank guarantees
irrevocable L/C tersebut terjadi. and irrevocable L/C issued are called upon.
245
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 939
Page 942
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
a) Risiko kredit maksimum (lanjutan) a) Maximum credit risk (continued)
Analisa eksposur maksimum terhadap risiko Analysis of maximum exposure to credit risk after
kredit setelah memperhitungkan dampak taking into account the impact of collaterals and
agunan dan mitigasi risiko kredit lainnya adalah other credit risk mitigations are as follows:
sebagai berikut:
a) Nilai tercatat dari aset keuangan Bank selain a) The carrying amount of Bank’s financial
kredit dan piutang pembiayaan konsumen assets other than loan and consumer
menggambarkan eksposur maksimum atas financing receivables represent the
risiko kredit. maximum exposure of credit risk.
b) Untuk kredit yang diberikan dan piutang b) For loans and consumer financing
pembiayaan konsumen, Bank receivables, Bank uses collaterals to
menggunakan agunan untuk meminimalkan minimize the credit risk. The following is the
risiko kredit. Berikut adalah kebijakan Bank Bank’s policy regarding collateral:
terkait dengan jaminan:
Nilai dan jenis jaminan yang dibutuhkan The amount and type of collateral required
tergantung pada penilaian risiko kredit dari depends on the counterparty credit risk
pihak lawan. Panduan tentang jenis jaminan assessment. Guidelines regarding collateral
dan parameter penilaian yang bisa diterima acceptability and valuation parameters are
telah diimplementasikan. being implemented.
Umumnya, agunan diperlukan sebagai Generally, collateral is required as a
sumber terakhir pelunasan kredit secondary source of repayment and also as
(‘secondary source of repayment’) dan a form of credit risk mitigation. The primary
sebagai salah satu bentuk mitigasi risiko source of credit repayment is the cash flow
kredit. Sumber utama pelunasan kredit generated from business operations of the
adalah dari hasil usaha debitur. borrowers.
Agunan yang dapat diterima oleh Bank Collaterals acceptable by the Bank are
dibagi atas 2 (dua) kelompok besar yaitu: divided into 2 (two) categories, as follows:
a) Agunan setara tunai, yaitu a) Cash collateral, such as time
deposito/tabungan/rekening giro/ deposit/saving account/current
setoran margin/dana tunai yang account/ margin deposit/cash blocked
diblokir atau dibukukan pada rekening or booked as escrow account which are
penampungan yang disimpan serta kept and recorded by the bank,
dicatat pada Bank, obligasi pemerintah, government bonds, certificate of Bank
Sertifikat Bank Indonesia dan Stand-By Indonesia and Stand-By Letters of Credit
Letters of Credit (SBLC) yang diterbitkan (SBLC) issued by prime bank;
oleh prime Bank;
b) Agunan non-tunai yaitu agunan yang b) Non-cash collaterals are collateral not
tidak termasuk dalam jenis jaminan included in collateral as mentioned on
seperti pada agunan tunai di atas. cash collateral above.
940 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
246
Page 943
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi b) Concentration of credit risk
Pengungkapan konsentrasi risiko kredit The disclosure on the maximum credit risk
maksimum berdasarkan kategori portofolio concentration by portfolio category is as follows:
adalah sebagai berikut:
31 Desember/December 31, 2025
Lembaga
keuangan
bukan
Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Other Perorangan/ Jumlah/
Government Bank non-Banks company Individual Total
Laporan posisi keuangan Consolidated statements of
konsolidasian financial position
Giro pada Bank Indonesia 7.099.181 - - - - 7.099.181 Current accounts with Bank Indonesia
Giro pada bank lain - 3.398.766 - - - 3.398.766 Current accounts with other banks
Penempatan pada Placements with Bank Indonesia
Bank Indonesia dan bank lain 2.771.636 16.695 - - - 2.788.331 and other banks
Efek-efek yang
diperdagangkan 4.553.200 - - - - 4.553.200 Trading securities
Investasi keuangan 24.850.625 9.462.780 3.121.101 1.721.651 - 39.156.157 Financial investments
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali - 19.307 - 185.486 - 204.793 under resale agreement
Tagihan derivatif 28.691 651.206 24.695 1.005.813 889 1.711.294 Derivatives receivable
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 125.392 3.232.422 7.516.170 57.046.799 48.409.522 116.330.305 receivable/financing
Piutang pembiayaan konsumen - - - - 7.306.916 7.306.916 Consumer financing receivables
Tagihan akseptasi - 6.540 - 1.912.137 - 1.918.677 Acceptances receivable
Beban dibayar dimuka dan Prepayments and other
aset lain-lain*) 1.284 40.745 84.172 586.246 495.555 1.208.002 assets*)
39.430.009 16.828.461 10.746.138 62.458.132 56.212.882 185.675.622
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3.323.635) impairment losses
182.351.987
Rekening administratif Off balance sheets
Fasilitas pinjaman kepada Unused loan commitments
nasabah yang belum ditarik - 9.500 - 1.496.803 151.640 1.657.943 granted to customers
L/C irrevocable yang masih berjalan - - - 763.666 - 763.666 Outstanding irrevocable L/Cs
Garansi yang diberikan: Guarantees issued in the form of:
Bank garansi - 233.196 306.827 2.047.963 187.453 2.775.439 Bank guarantees
- 242.696 306.827 4.308.432 339.093 5.197.048
*) Beban dibayar di muka dan aset lain-lain terdiri atas piutang *) Prepayments and other assets consist of interests
bunga-neto dan tagihan card center dan Mastercard receivable-net and card center receivables and
Mastercard
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 941
247
Page 944
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
31 Desember/December 31, 2024
Lembaga
keuangan
bukan
Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Other Perorangan/ Jumlah/
Government Bank non-Banks company Individual Total
Laporan posisi keuangan Consolidated statements of
konsolidasian financial position
Giro pada Bank Indonesia 10.696.358 - - - - 10.696.358 Current accounts with Bank Indonesia
Giro pada bank lain - 2.571.949 - - - 2.571.949 Current accounts with other banks
Penempatan pada Placements with Bank Indonesia
Bank Indonesia dan bank lain 2.816.625 182.341 - - - 2.998.966 and other banks
Efek-efek yang
diperdagangkan 1.941.629 - - - - 1.941.629 Trading securities
Investasi keuangan 33.386.987 1.707.465 3.097.645 1.960.083 - 40.152.180 Financial investments
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali - 829.024 - 9.399 - 838.423 under resale agreement
Tagihan derivatif 77.957 528.948 55.941 712.045 6.540 1.381.431 Derivatives receivable
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah - 6.373.800 9.421.097 58.252.850 46.340.834 120.388.581 receivable/financing
Piutang pembiayaan konsumen - - - - 7.192.434 7.192.434 Consumer financing receivables
Tagihan akseptasi - 13.717 - 1.560.524 - 1.574.241 Acceptances receivable
Beban dibayar dimuka dan Prepayments and other
aset lain-lain*) - 67.736 91.769 508.882 403.226 1.071.613 assets*)
48.919.556 12.274.980 12.666.452 63.003.783 53.943.034 190.807.805
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (4.024.870) impairment losses
186.782.935
Rekening administratif Off balance sheets
Fasilitas pinjaman kepada Unused loan commitments
nasabah yang belum ditarik - 6.143 15.000 844.609 156.685 1.022.437 granted to customers
L/C irrevocable yang masih berjalan - 23.202 - 524.157 - 547.359 Outstanding irrevocable L/Cs
Garansi yang diberikan: Guarantees issued in the form of:
Bank garansi - 87.048 301.597 1.565.689 166.397 2.120.731 Bank guarantees
- 116.393 316.597 2.934.455 323.082 3.690.527
*) Beban dibayar di muka dan aset lain-lain terdiri atas piutang *) Prepayments and other assets consist of interests
bunga-neto dan tagihan card center dan Mastercard receivable-net and card center receivables and
Mastercard
942 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
248
Page 945
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
Konsentrasi risiko kredit maksimum berdasarkan The maximum credit risk concentration by
letak geografis adalah sebagai berikut: geography is as follows:
31 Desember/December 31, 2025
Jawa Tengah
dan
Yogyakarta/ Jawa Timur
Central Java dan Bali/
Jakarta/ Sumatera/ Jawa Barat/ and East Java Indonesia Timur/ Lain-lain/ Jumlah/
Jakarta Sumatera West Java Yogyakarta and Bali East Indonesia Others Total
Laporan posisi keuangan Consolidated statements of
konsolidasian financial position
Giro pada Bank Indonesia 6.017.428 - - - - - 1.081.753 7.099.181 Current accounts with Bank Indonesia
Giro pada bank lain 3.176.433 1.233 - - - - 221.100 3.398.766 Current accounts with other banks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 2.167.750 - - - - - 620.581 2.788.331 and other banks
Efek-efek yang
diperdagangkan 4.553.200 - - - - - - 4.553.200 Trading securities
Investasi keuangan 26.432.995 - 351 - 18.908 - 12.703.903 39.156.157 Financial investments
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali 19.307 - - - - - 185.486 204.793 under resale agreement
Tagihan derivatif 1.711.294 - - - - - - 1.711.294 Derivatives receivable
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 56.117.910 5.135.579 1.969.072 1.441.132 8.612.620 4.192.067 38.861.925 116.330.305 receivables/financing
Piutang pembiayaan konsumen - - - - - - 7.306.916 7.306.916 Consumer financing receivables
Tagihan akseptasi 1.328.471 26.420 9.760 43.194 504.815 - 6.017 1.918.677 Acceptances receivable
Beban dibayar dimuka dan Prepayments and other
aset lain-lain*) 532.871 29.654 13.108 8.171 41.513 54.802 527.883 1.208.002 assets*)
102.057.659 5.192.886 1.992.291 1.492.497 9.177.856 4.246.869 61.515.564 185.675.622
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3.323.635) impairment losses
182.351.987
Rekening administratif Off balance sheets
Fasilitas pinjaman kepada Unused loan commitments
nasabah yang belum ditarik 1.006.377 65.077 5.277 3.950 219.918 35.676 321.668 1.657.943 granted to customers
L/C irrevocable yang masih berjalan 377.441 43.399 11.970 48.540 281.100 - 1.216 763.666 Outstanding irrevocable L/Cs
Garansi yang diberikan: Guarantees issued in the form of:
Bank garansi 1.273.405 327.544 176.242 109.117 342.212 333.988 212.931 2.775.439 Bank guarantees
2.657.223 436.020 193.489 161.607 843.230 369.664 535.815 5.197.048
*) Beban dibayar di muka dan aset lain-lain terdiri atas *) Prepayments and other assets consist of interests
piutang bunga-neto dan tagihan card center dan receivable-net and card center receivables and
Mastercard Mastercard
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 943
249
Page 946
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
31 Desember/December 31, 2024
Jawa Tengah
dan
Yogyakarta/ Jawa Timur
Central Java dan Bali/
Jakarta/ Sumatera/ Jawa Barat/ and East Java Indonesia Timur/ Lain-lain/ Jumlah/
Jakarta Sumatera West Java Yogyakarta and Bali East Indonesia Others Total
Laporan posisi keuangan Consolidated statements of
konsolidasian financial position
Giro pada Bank Indonesia 8.937.466 - - - - - 1.758.892 10.696.358 Current accounts with Bank Indonesia
Giro pada bank lain 2.345.104 1.175 - - - 2 225.668 2.571.949 Current accounts with other banks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 2.092.350 - - - - - 906.616 2.998.966 and other banks
Efek-efek yang
diperdagangkan 1.941.629 - - - - - - 1.941.629 Trading securities
Investasi keuangan 30.377.009 - 20.888 - 23.661 - 9.730.622 40.152.180 Financial investments
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali 829.024 - - - - - 9.399 838.423 under resale agreement
Tagihan derivatif 1.380.597 - - - - - 834 1.381.431 Derivatives receivable
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 59.373.647 5.210.976 2.046.661 2.054.168 7.879.636 4.804.029 39.019.464 120.388.581 receivables/financing
Piutang pembiayaan konsumen - - - - - - 7.192.434 7.192.434 Consumer financing receivables
Tagihan akseptasi 1.156.927 8.240 63.579 45.486 206.557 - 93.452 1.574.241 Acceptances receivable
Beban dibayar dimuka dan Prepayments and other
aset lain-lain*) 547.419 32.055 15.555 10.221 40.394 58.962 367.007 1.071.613 assets*)
108.981.172 5.252.446 2.146.683 2.109.875 8.150.248 4.862.993 59.304.388 190.807.805
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (4.024.870) impairment losses
186.782.935
Rekening administratif Off balance sheets
Fasilitas pinjaman kepada Unused loan commitments
nasabah yang belum ditarik 199.668 42.763 3.807 3.906 434.379 38.979 298.935 1.022.437 granted to customers
L/C irrevocable yang masih berjalan 229.326 33.163 29.250 56.161 197.198 - 2.261 547.359 Outstanding irrevocable L/Cs
Garansi yang diberikan: Guarantees issued in the form of:
Bank garansi 987.278 262.675 145.882 86.598 316.691 196.658 124.949 2.120.731 Bank guarantees
1.416.272 338.601 178.939 146.665 948.268 235.637 426.145 3.690.527
*) Beban dibayar di muka dan aset lain-lain terdiri atas *) Prepayments and other assets consist of interests
piutang bunga-neto dan tagihan card center dan receivable-net and card center receivables and
Mastercard Mastercard
Pengungkapan risiko kredit maksimum tersebut The disclosures of maximum credit risks are
adalah sebelum efek mitigasi melalui penggunaan before the effect of mitigation through the use
master netting dan perjanjian jaminan. Apabila of master netting and collateral agreements.
instrumen keuangan dicatat berdasarkan nilai Where financial instruments are recorded at
wajar, angka yang ditunjukkan mencerminkan fair value, the amounts shown represent the
pengungkapan risiko kredit saat ini tetapi bukan current credit risk exposure but not the
pengungkapan risiko maksimal yang dapat timbul maximum risk exposure that could arise in the
di masa yang akan datang sebagai akibat future as a result of changes in value.
perubahan nilai.
944 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
250
Page 947
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
Mitigasi Risiko Kredit Credit Risk Mitigation
Bank telah mengimplementasikan credit risk The Bank has implemented credit risk
management yang mencakup penetapan management which covers setting up
prosedur dan kebijakan kredit, pengaturan limit procedures and credit policies, stipulates a limit
dan mengevaluasinya secara berkala, and conduct regular evaluation, implement
penggunaan Credit Risk Rating untuk kredit Credit Risk Rating for SME/commercial/
UKM/komersial/korporasi, Credit Scoring untuk corporate, Credit Scoring for Consumer,
kredit konsumen, mengevaluasi kebijakan dan evaluates credit policies and procedures to
prosedur kredit untuk memastikan bahwa seluruh ensure that all potential risks have been
risiko yang mungkin timbul dari kegiatan covered, and apply the “Four Eyes Principle”
pemberian kredit telah tercakup, serta consistently. The Bank has managed its credit
menerapkan prinsip “Four Eyes Principle” secara portfolio continuously in a consistent manner
konsisten. Bank telah melaksanakan pengelolaan and reports to the senior management and
portofolio kredit secara konsisten dan Board of Commissioners on a regular basis
berkelanjutan serta melaporkannya kepada (monthly).
manajemen senior dan Dewan Komisaris secara
berkala (bulanan).
Dalam rangka memitigasi risiko kredit Bank, In order to mitigate the Bank’s credit risk, the
berikut ini adalah upaya yang dilakukan secara following efforts are periodically performed:
berkala:
1. Menentukan batas eksposur dari setiap 1. Determining exposure limits for each
segmen industri; industry segmentation;
2. Meninjau kredit berdasarkan jenis industri 2. Reviewing credit based on certain industry
tertentu/limit industri; dan type/industry limit; and
3. Melakukan tes validasi dengan 3. Performing validation on tests by
menerapkan skenario terburuk untuk implementing worst-case scenario to the
portofolio dan untuk beberapa debitur portfolio and to some large debtors.
besar.
Metode pemberian kredit Bank meliputi: The Bank’s credit granting process includes:
1. Evaluasi limit kredit secara keseluruhan 1. Evaluation of overall credit limits at
pada tingkat debitur/counterparty dan borrower/counterparty level, and a group of
kelompok debitur/obligor terkait untuk related borrowers/obligor for both on-
eksposur on-balance sheet dan off- balance sheet and off-balance sheet
balance sheet; exposures;
2. Analisis kemampuan untuk membayar 2. Analysis of repayment capacity and
kembali dan integritas integrity of the borrower/counterparty;
debitur/counterparty;
3. Persyaratan dan kondisi yang mengikat; 3. Legally binding terms and conditions;
4. Penggunaan agunan; dan 4. Use of collateral; and
5. Penilaian kondisi makro ekonomi dan 5. Assessment of macroeconomic and
industri. industry conditions.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 945
251
Page 948
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
Mitigasi Risiko Kredit (lanjutan) Credit Risk Mitigation (continued)
Bank juga mengembangkan serta menerapkan The Bank also develops and implements Risk
prinsip Risk Governance sebagai bagian dalam Governance principle as part of credit internal
pengendalian internal perkreditan: control:
1. Lini pertama (Pilar Bisnis dan Pendukung) 1. The first Line of Defense (Business and
terutama bertanggung jawab mengelola Support Pillars) is primarily responsible for
risiko spesifik yang merupakan bagian dari managing specific risks assumed in their
aktivitas mereka sehari-hari. day-to-day activities.
2. Lini kedua menyediakan sumber daya 2. The second Line of Defense provides
yang diperlukan untuk mengembangkan specialized resources for developing risk
kerangka kerja risiko, kebijakan, frameworks, policies, methodologies and
metodologi dan perangkat risiko dalam tools for managing Bank’s material risk.
pengelolaan risiko yang bersifat material
terhadap Bank secara keseluruhan.
3. Lini ketiga melibatkan audit internal, yang 3. The third Line of Defense involves internal
secara independen bertugas untuk audit, whose task would be to
melakukan review kecukupan dan independently review the adequacy and
keefektifan proses manajemen risiko. effectiveness of the risk management
process.
Untuk memfasilitasi penilaian risiko dari debitur To facilitate risk assessment of corporate,
korporasi, komersial dan UKM, Bank melakukan commercial and SME debtors, the Bank
pemantauan terhadap seluruh aspek dari monitors all aspects of debtors and their
debitur dan sektor industrinya. Unit-unit industry sector. The Risk Management Units
Manajemen Risiko melakukan pemantauan monitor the portfolio continuously. All relevant
portofolio yang dimiliki Bank secara information is shared to the business unit to
berkesinambungan. Informasi yang relevan support the conduct of risk assessment.
disampaikan kepada unit bisnis untuk
mendukung pelaksanaan penilaian risiko.
Bank mengukur dan memantau risiko untuk The Bank measures and monitors risk for each
setiap debitur baik secara individual maupun debtor, on individual and obligor basis, by
obligor, sektor ekonomi maupun seluruh economic sector and credit portfolios. The Bank
portofolio kredit. Bank telah menetapkan standar has set up standards and procedures to
dan prosedur untuk mendukung proses support a process of granting credit by
pemberian kredit yang mempertimbangkan considering risk and return.
risiko dan perolehan hasil.
Kualitas kredit aset keuangan dikelola oleh Bank The credit quality of financial assets is
dengan menggunakan panduan dari Otoritas managed by the Bank using guidance from
Jasa Keuangan. Kualitas kredit berdasarkan Financial Services Authority’s. The credit quality
golongan aset untuk beberapa aset keuangan by class of asset for certain financial assets
yang memiliki risiko kredit, dijelaskan di Catatan exposed to credit risk, are disclosed in Notes 6,
6, 7, 8, 9, 10, 11, 12, 13 dan 14 dalam laporan 7, 8, 9, 10, 11, 12, 13 and 14 to the financial
keuangan. statements.
946 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
252
Page 949
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
Mitigasi Risiko Kredit (lanjutan) Credit Risk Mitigation (continued)
Bank memiliki kebijakan untuk mempertahankan It is the Bank’s policy to maintain accurate and
akurasi dan konsistensi peringkat risiko di seluruh consistent risk ratings across the credit portfolio.
portofolio kredit. Hal ini akan memudahkan fokus This enable management to focus on the
manajemen risiko yang berlaku dan applicable risks and the comparison of credit
perbandingan eksposur kredit di seluruh lini exposures across all lines of business,
bisnis, daerah geografis dan produk. Sistem geographic regions and products. The rating
peringkat ini didukung oleh berbagai analisis system is supported by a variety of financial
keuangan, dikombinasikan dengan informasi analysis, combined with processed market
pasar yang telah diproses untuk menyediakan information to provide the main inputs for the
masukan utama untuk pengukuran risiko measurement of counterparty risk. All internal
counterparty. Semua peringkat risiko internal risk ratings are tailored to the various categories
yang disesuaikan dengan berbagai kategori dan and are derived in accordance with the Bank’s
diturunkan sesuai dengan kebijakan penilaian rating policy. The attributable risk ratings are
Bank. Peringkat risiko yang timbul dinilai dan assessed and updated regularly.
diperbaharui secara berkala.
Agunan yang diambil alih Foreclosed assets
Selama tahun berjalan, Bank telah mengambil During the current year, the Bank took
alih kepemilikan jaminan sebanyak 16 unit tanah possession of 16 units of land and buildings with
dan bangunan dengan nilai buku sebesar book value of Rp17,898 (2024: 53 units of land
Rp17.898 (2024: 53 unit tanah dan bangunan and buildings with book value of Rp142,063) and
dengan nilai buku sebesar Rp142.063) dan telah sold 58 units of land and building with book
menjual sebanyak 58 unit tanah dan bangunan value of Rp104,642 (2024: 43 units of land and
dengan nilai buku sebesar Rp104.642 (2024: 43 building with book value of Rp142,572) while the
unit tanah dan bangunan dengan nilai buku remaining are still in the process of being sold.
sebesar Rp142.572) sedangkan sisanya dalam
proses dilakukan penjualan oleh Bank.
Penilaian penurunan nilai Impairment assessment
Bank telah menerapkan klasifikasi penurunan Bank has implemented classification of
nilai berdasarkan ketentuan PSAK 109 (dahulu impairment based on SFAS 109 (formerly referred
disebut PSAK 71) sejak Januari 2020. Klasifikasi to as SFAS 71) since January 2020. Impairment
penurunan nilai terdiri dari 3 (tiga) stage: stage 1 classification consist of 3 (three) stage: stage 1 or
atau performing loan yaitu kredit yang tidak performing loan or non-impaired loan, stage 2 or
mengalami penurunan nilai, stage 2 atau under under performing loan or non-impaired loan bit
performing loan yaitu kredit belum mengalami have significant increase in credit risk since the
penurunan nilai namun mengalami peningkatan originated, and stage 3 or non-performing or
risiko kredit secara signifikan sejak pengakuan impaired loan.
awal, dan stage 3 atau non-performing atau
kredit telah mengalami penurunan nilai.
Pengklasifikasian kredit untuk debitur non-ritel Credit classification for non-retail borrower
ditentukan berdasarkan beberapa kriteria determined based on timeliness of payment,
pemicu (trigger), yaitu berdasarkan ketepatan rating, financial, and event triggers. Meanwhile
pembayaran, peringkat, keuangan dan classification for retail borrower classification is
terjadinya peristiwa tertentu. Sementara emphasizing more on the timeliness of payment
klasifikasi untuk debitur ritel lebih menekankan and rating.
pada ketepatan pembayaran dan peringkat.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 947
253
Page 950
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
Penilaian penurunan nilai (lanjutan) Impairment assessment (continued)
Bank melakukan penilaian penurunan nilai The Bank addresses impairment assessment in
dalam dua metode: penilaian cadangan two methods: individually assessed allowances
penurunan nilai individual dan penilaian and collectively assessed allowances.
cadangan penurunan nilai kolektif.
Bank menentukan cadangan secara individual The Bank determines the allowances appropriate
untuk masing-masing aset keuangan kredit for each individually significant financial assets
diberikan individu yang signifikan. Beberapa hal on an individual basis. Items considered when
yang dipertimbangkan dalam menentukan determining allowance amounts include the
jumlah cadangan antara lain mencakup sustainability of the debtors’ business plan, its
kemungkinan rencana bisnis debitur, ability to improve performance once a financial
kemampuan untuk memperbaiki kinerja setelah difficulty has arisen, projected receipts and the
adanya kesulitan keuangan, proyeksi expected payout should bankruptcy ensue, the
penerimaan dan pembayaran apabila terjadi availability of other financial support, the
kebangkrutan, kemungkinan adanya sumber realizable value of collateral and the timing of
pembayaran lainnya, jumlah yang dapat expected cash flows. Impairment allowances are
direalisasikan atas jaminan dan ekspektasi evaluated at each reporting date, unless
waktu arus kas. Cadangan penurunan nilai foreseen circumstances require more careful
dievaluasi setiap tanggal pelaporan, kecuali bila attention. The methodology of individually
terdapat beberapa kondisi-kondisi yang assessed allowances for financial assets has
mengharuskan adanya pemantauan yang lebih been disclosed in Note 2o.
berhati-hati. Metodologi atas penilaian
cadangan penurunan nilai secara individual
untuk aset keuangan telah diungkapkan dalam
Catatan 2o.
Penilaian cadangan penurunan nilai kolektif Collectively assessed allowances
Penilaian cadangan kerugian secara kolektif Allowances are assessed collectively for losses
dilakukan atas aset keuangan yang tidak on financial assets that are not individually
signifikan secara individu. Metodologi atas significant. The methodology of collectively
penilaian cadangan penurunan nilai secara assessed allowances has been disclosed in Note
kolektif ini telah diungkapkan pada Catatan 2n. 2n.
948 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
254
Page 951
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
b) Risiko kredit konsentrasi (lanjutan) b) Concentration of credit risk (continued)
Evaluasi penurunan nilai Impairment assessment
Berikut ini adalah risiko kredit berdasarkan Below are credit risk based on impairment
klasifikasi evaluasi penurunan nilai untuk pos- assesment classification for certain financial
pos aset keuangan tertentu pada tanggal asset as of December 31, 2025 and 2024:
31 Desember 2025 dan 2024:
Giro pada bank lain Current accounts with other banks
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah 170.356 - 170.356 190.493 - 190.493 Rupiah
Mata uang asing 3.228.410 - 3.228.410 2.381.456 - 2.381.456 Foreign currencies
Jumlah 3.398.766 - 3.398.766 2.571.949 - 2.571.949 Total
Cadangan kerugian Allowance for
penurunan nilai (890) - (890) (1.108) - (1.108) impairment losses
3.397.876 - 3.397.876 2.570.841 - 2.570.841
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other
banks
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah Rupiah
Penempatan pada Placements with
bank lain 603.886 - 603.886 - - - other banks
Mata uang asing Foreign currencies
Deposito berjangka 2.167.750 - 2.167.750 2.816.625 - 2.816.625 Time deposits
Call money 16.695 - 16.695 182.341 - 182.341 Call money
2.184.445 - 2.184.445 2.998.966 - 2.998.966
Jumlah 2.788.331 - 2.788.331 2.998.966 - 2.998.966 Total
Cadangan kerugian
penurunan nilai (6.039) - (6.039) - - - Allowance for impairment losses
2.782.292 - 2.782.292 2.998.966 - 2.998.966
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 949
255
Page 952
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Efek-efek Marketable securities
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah Rupiah
Surat Utang Negara 15.045.641 - 15.045.641 13.344.999 - 13.344.999 Government Bonds
Sukuk Bank Indonesia 4.908.234 - 4.908.234 5.393.365 - 5.393.365 Bank Indonesia Sukuk
Obligasi korporasi 4.694.878 - 4.694.878 4.445.595 - 4.445.595 Corporate bonds
Surat Berharga Syariah Sovereign Sharia
Negara
Indonesia Syariah 3.256.381 - 3.256.381 2.514.742 - 2.514.742 Securities
Sekuritas Bank Indonesia 2.998.914 - 2.998.914 9.861.789 - 9.861.789 Bank Indonesia Securities
Tagihan atas wesel ekspor 829.456 - 829.456 836.916 - 836.916 Export bills receivables
Bank Indonesia Floating Rate Note 210.000 - 210.000 - - - Bank Indonesia Floating Rate Note
31.943.504 - 31.943.504 36.397.406 - 36.397.406
Mata uang asing Foreign currencies
Surat Berharga Syariah Sovereign Sharia
Negara
Indonesia Syariah 2.746.426 - 2.746.426 512.579 - 512.579 Securities
Surat Utang Negara 2.510.839 - 2.510.839 1.679.153 - 1.679.153 Government Bonds
Tagihan atas wesel ekspor 681.217 - 681.217 883.421 - 883.421 Export bills receivables
Sekuritas Bank Indonesia 583.506 - 583.506 80.360 - 80.360 Bank Indonesia Securities
Obligasi korporasi 444.608 - 444.608 357.826 - 357.826 Corporate bonds
Medium-term Notes 49.614 - 49.614 46.253 - 46.253 Medium-term Notes
7.016.210 - 7.016.210 3.559.592 - 3.559.592
Jumlah 38.959.714 - 38.959.714 39.956.998 - 39.956.998 Total
Cadangan kerugian
penurunan nilai (4.509) - (4.509) (1.015) - (1.015) Allowance for impairment losses
38.955.205 - 38.955.205 39.955.983 - 39.955.983
Penyertaan saham Investment in shares
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah 196.443 - 196.443 195.182 - 195.182 Rupiah
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreement
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah 19.307 - 19.307 829.024 - 829.024 Rupiah
Mata uang asing 185.486 - 185.486 9.399 - 9.399 Foreign currencies
Jumlah 204.793 - 204.793 838.423 - 838.423 Total
Cadangan kerugian Allowance for
penurunan nilai (2) - (2) (147) - (147) impairment losses
204.791 - 204.791 838.276 - 838.276
950 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
256
Page 953
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Tagihan derivatif Derivative receivables
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah 1.325.508 - 1.325.508 1.266.112 - 1.266.112 Rupiah
Mata uang asing 385.786 - 385.786 115.319 - 115.319 Foreign currencies
1.711.294 - 1.711.294 1.381.431 - 1.381.431
Kredit yang diberikan dan piutang/pembiayaan Loans and Sharia receivables/financing
Syariah
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah Rupiah
Korporasi 15.083.106 1 15.083.107 17.805.748 46.671 17.852.419 Corporate
Komersial/Usaha Kecil Commercial/Small and Medium
Menengah (UKM) 23.136.044 1.471.698 24.607.742 21.826.345 1.732.656 23.559.001 Enterprises (SME)
Konsumen 29.885.924 530.062 30.415.986 28.920.784 513.873 29.434.657 Consumer
Syariah 25.938.206 2.060.282 27.998.488 27.034.529 2.133.859 29.168.388 Sharia
94.043.280 4.062.043 98.105.323 95.587.406 4.427.059 100.014.465
Mata uang asing Foreign currencies
Korporasi 13.200.031 286.365 13.486.396 15.080.852 479.816 15.560.668 Corporate
Komersial/Usaha Kecil Commercial/Small and Medium
Menengah (UKM) 2.200.447 2 2.200.449 2.224.334 2 2.224.336 Enterprises (SME)
Syariah 2.155.072 383.065 2.538.137 2.579.132 9.980 2.589.112 Sharia
17.555.550 669.432 18.224.982 19.884.318 489.798 20.374.116
Jumlah 111.598.830 4.731.475 116.330.305 115.471.724 4.916.857 120.388.581 Total
Cadangan kerugian Allowance for
penurunan nilai (1.009.885) (2.172.100) (3.181.985) (1.477.970) (2.424.968) (3.902.938) impairment losses
110.588.945 2.559.375 113.148.320 113.993.754 2.491.889 116.485.643
Piutang pembiayaan konsumen Consumer financing receivables
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah 7.250.027 56.889 7.306.916 7.127.399 65.035 7.192.434 Rupiah
Cadangan kerugian Allowance for
penurunan nilai (91.742) (35.101) (126.843) (79.084) (37.402) (116.486) impairment losses
7.158.285 21.788 7.180.073 7.048.315 27.633 7.075.948
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 951
257
Page 954
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Tagihan akseptasi Acceptances receivable
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Tidak Tidak
mengalami Mengalami mengalami Mengalami
penurunan penurunan penurunan penurunan
nilai/ nilai/ nilai/ nilai/
45020202 Non-impaired Impaired Jumlah/Total Non-impaired Impaired Jumlah/Total
Rupiah 152.054 - 152.054 192.017 - 192.017 Rupiah
Mata uang asing 1.766.623 - 1.766.623 1.382.224 - 1.382.224 Foreign currencies
Jumlah 1.918.677 - 1.918.677 1.574.241 - 1.574.241 Total
Cadangan kerugian Allowance for
penurunan nilai (3.367) - (3.367) (3.176) - (3.176) impairment losses
1.915.310 - 1.915.310 1.571.065 - 1.571.065
Tabel di bawah menunjukkan peringkat kredit per The tables below show credit grading per class of
jenis instrumen (sebelum cadangan kerugian financial assets (gross of allowance for impairment
penurunan nilai): losses):
31 Desember/December 31, 2025
Belum jatuh tempo dan tidak mengalami penurunan nilai/
Neither past due nor impaired Jatuh tempo
dan tidak
mengalami
penurunan Mengalami
Tingkat Tingkat Tanpa nilai/Past-due penurunan
50010000_02 Tingkat tinggi/ standar/ rendah/ peringkat/ but not nilai/ Jumlah/
High grade Standard grade Low grade Unrated impaired Impaired Total
Aset keuangan Financial assets
Current accounts with
Giro pada Bank Indonesia - - - 7.099.181 - - 7.099.181 Bank Indonesia
Current accounts with
Giro pada bank lain 1.293.648 343.320 - 1.761.798 - - 3.398.766 other banks
Penempatan pada Placements with Bank Indonesia
Bank Indonesia dan bank lain - 16.695 - 2.771.636 - - 2.788.331 and other banks
Efek-efek yang
diperdagangkan - 28.626 - 4.524.574 - - 4.553.200 Trading securities
Investasi keuangan 1.038.809 9.858.387 132.674 28.126.287 - - 39.156.157 Financial investments
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali - - - 204.793 - - 204.793 resale agreements
Tagihan derivatif 666.764 74.252 416.712 553.566 - - 1.711.294 Derivative receivables
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 40.649.822 23.868.092 2.896.408 41.954.242 2.230.266 4.731.475 116.330.305 receivables/financing
Piutang pembiayaan konsumen - - - 6.882.159 367.868 56.889 7.306.916 Consumer financing receivables
Tagihan akseptasi - - - 1.918.677 - - 1.918.677 Acceptances receivables
Beban dibayar dimuka dan Prepayments and other
aset lain-lain*) - - - 1.208.002 - - 1.208.002 assets*)
Jumlah 43.649.043 34.189.372 3.445.794 97.004.915 2.598.134 4.788.364 185.675.622 Total
Dikurangi : Cadangan kerugian Less : Allowance for
penurunan nilai (3.323.635) impairment losses
182.351.987
*) Beban dibayar di muka dan aset lain-lain terdiri atas piutang *) Prepayments and other assets consist of interests receivable-
bunga-neto dan tagihan card center dan Mastercard net and card center receivables and Mastercard
952 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
258
Page 955
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Tabel di bawah menunjukkan peringkat kredit per The tables below show credit grading per class of
jenis instrumen (sebelum cadangan kerugian financial assets (gross of allowance for impairment
penurunan nilai): (lanjutan) losses): (continued)
31 Desember/December 31, 2024
Belum jatuh tempo dan tidak mengalami penurunan nilai/
Neither past due nor impaired Jatuh tempo
dan tidak
mengalami
penurunan Mengalami
Tingkat Tingkat Tanpa nilai/Past-due penurunan
50010000_02 Tingkat tinggi/ standar/ rendah/ peringkat/ but not nilai/ Jumlah/
High grade Standard grade Low grade Unrated impaired Impaired Total
Aset keuangan Financial assets
Current accounts with
Giro pada Bank Indonesia - - - 10.696.358 - - 10.696.358 Bank Indonesia
Current accounts with
Giro pada bank lain 1.025.797 147.215 107.095 1.291.842 - - 2.571.949 other banks
Penempatan pada Placements with Bank Indonesia
Bank Indonesia dan bank lain - 182.341 - 2.816.625 - - 2.998.966 and other banks
Efek-efek yang
diperdagangkan - 31.770 - 1.909.859 - - 1.941.629 Trading securities
Investasi keuangan 2.280.496 4.693.202 148.068 33.030.414 - - 40.152.180 Financial investments
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali - - - 838.423 - - 838.423 resale agreements
Tagihan derivatif 585.509 98.989 187.686 509.247 - - 1.381.431 Derivative receivables
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 42.062.259 31.636.229 2.013.146 37.343.210 2.416.880 4.916.857 120.388.581 receivables/financing
Piutang pembiayaan konsumen - - - 6.683.547 443.852 65.035 7.192.434 Consumer financing receivables
Tagihan akseptasi - - - 1.574.241 - - 1.574.241 Acceptances receivables
Beban dibayar dimuka dan Prepayments and other
aset lain-lain*) - - - 1.071.613 - - 1.071.613 assets*)
Jumlah 45.954.061 36.789.746 2.455.995 97.765.379 2.860.732 4.981.892 190.807.805 Total
Dikurangi : Cadangan kerugian Less : Allowance for
penurunan nilai (4.024.870) impairment losses
186.782.935
*) Beban dibayar di muka dan aset lain-lain terdiri atas piutang *) Prepayments and other assets consist of interests receivable-
bunga-neto dan tagihan card center dan Mastercard net and card center receivables and Mastercard
Peringkat kredit didefinisikan sebagai berikut: The credit grading are defined as follows:
a) Tingkat tinggi: Peringkat dalam kategori ini a) High grade: Rating in this category has an
memiliki kapasitas sangat baik dalam excellent capacity to meet financial
memenuhi komitmen keuangan dengan commitments with very low credit risk.
risiko kredit sangat rendah.
b) Tingkat sedang: Peringkat dalam kategori ini b) Standard grade: Rating in this category has a
memiliki kapasitas yang baik dalam good capacity to meet financial
memenuhi komitmen keuangan dengan commitments with very low credit risk.
risiko kredit sangat rendah.
c) Tingkat rendah: Peringkat dalam kategori ini c) Low grade: Rating in this category has fairly
memiliki kapasitas yang cukup dalam acceptable capacity to meet financial
memenuhi komitmen keuangan dengan commitments with standard credit risk.
risiko kredit sedang.
d) Tanpa peringkat: Kategori ini tidak d) Unrated: This category are currently not
menyediakan peringkat dikarenakan assigned with any ratings due to
ketidaktersediaan dari model-model unavailability of rating models or exposure
peringkat atau risiko pada lembaga and/or government-related-agencies.
pemerintah dan/atau agen-agen yang
berhubungan dengan pemerintah.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 953
259
Page 956
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Analisis umur kredit yang diberikan dan piutang The aging analysis of past due but not impaired
pembiayaan konsumen yang jatuh tempo tetapi loans and consumer financing receivables as of
tidak mengalami penurunan nilai pada tanggal December 31, 2025 and 2024, are as follows:
31 Desember 2025 dan 2024 sebagai berikut:
31 Desember/December 31, 2025
Sampai dengan
30 hari/
Jumlah/ Up to 31 - 60 hari/ 61 - 90 hari/
45020202 Total 30 days days days
Komersial/Usaha Commercial/Small and
Kecil Menengah (UKM) 234.717 146.541 50.790 37.386 Medium Enterprises (SME)
Konsumen 1.504.284 1.153.830 234.290 116.164 Consumer
Syariah 491.265 293.175 123.367 74.723 Sharia
2.230.266 1.593.546 408.447 228.273
31 Desember/December 31, 2024
Sampai dengan
30 hari/
Jumlah/ Up to 31 - 60 hari/ 61 - 90 hari/
45020202 Total 30 days days days
Komersial/Usaha Commercial/Small and
Kecil Menengah (UKM) 200.761 115.444 40.292 45.025 Medium Enterprises (SME)
Konsumen 1.374.187 1.043.955 223.643 106.589 Consumer
Syariah 841.932 645.214 118.891 77.827 Sharia
2.416.880 1.804.613 382.826 229.441
31 Desember/December 31, 2025
Sampai dengan
30 hari/
Jumlah/ Up to 31 - 60 hari/ 61 - 90 hari/
45020202 Total 30 days days days
Piutang pembiayaan Consumer financing
konsumen 367.868 290.087 50.067 27.714 receivables
31 Desember/December 31, 2024
Sampai dengan
30 hari/
Jumlah/ Up to 31 - 60 hari/ 61 - 90 hari/
45020202 Total 30 days days days
Piutang pembiayaan Consumer financing
konsumen 443.852 336.744 81.431 25.677 receivables
954 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
260
Page 957
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Bank melakukan pengukuran Expected Credit Loss Bank specifically requires to measurement of
(ECL) tidak hanya menggunakan informasi masa Expected Credit Loss (ECL) using not only past and
lalu dan saat ini, tetapi juga termasuk informasi current information, but also including forecast
prakiraan (forward looking). Model dibangun untuk information. The model is developed for each
setiap portofolio dengan memodelkan Observed portfolio by modelling quarterly portfolio-level ODRs
Default Rate (ODR) pada tingkat portofolio dengan with a range of quarterly macroeconomic variables
berbagai variable Makro ekonomi dengan metode base on Statistical method with Multiple Logistic of
statistika regresi berganda. Oleh karena itu regression. The ECL calculations are therefore
perhitungan ECL diharapkan memasukkan expected to include forward looking adjustments
penyesuaian berwawasan kedepan (Forward (“FLA”) accounting for the expected future
looking adjustment /FLA) yang konsisten dengan macroeconomic conditions.
kondisi makro ekonomi.
Estimasi perubahan ECL harus mencerminkan, dan Estimates of changes in ECL should reflect, and be
secara konsisten dengan perubahan dalam data directionally consistent with, changes in related
observasi terkait dari periode ke periode (seperti observable data from period to period (such as
perubahan tingkat pengangguran, indeks harga changes in unemployment rates, property
perumahan properti, inflasi, PDB, nilai tukar, atau residential prices index, inflation, GDP, exchange
faktor lain yang merupakan indikasi kerugian kredit rate, or other factors that are indicative of credit
atas instrumen keuangan atau kelompok instrumen losses on the financial instrument or in the group of
keuangan dan besarnya perubahan tersebut). financial instruments and in the magnitude of those
changes).
Berdasarkan saran dari Komite Manajemen Risiko, Based on advice from the Risk Management
pakar ekonomi dan pertimbangan berbagai informasi Committee, Internal economists and consideration
aktual dan perkiraan eksternal, Bank merumuskan of various actual information and external forecast,
pandangan Base (base case) tentang pergerakan Bank formulated a base case for the movement of
variable ekonomi yang relevan di masa depan serta relevant economic variables in the future as well as
perkiraan skenario lain yang mungkin terjadi (upcase forecasts of other possible scenarios and scenario
dan downcase) serta bobot yang dipakai untuk weighted also. The base case reflects the output
masing-masing skenario. Pandangan Base (base with the highest probability and is used in forward
case) mencerminkan output dengan probabilitas looking factor measurement. Another scenario,
yang paling tinggi yang digunakan dalam reflects more optimistic outputs and more
perhitungan factor forward looking. Skenario yang lain, pessimistic outputs. The economists decided for the
mencerminkan keluaran yang lebih optimis dan year 2025 to use scenario weighted for first year (Y1)
keluaran yang lebih pesimis. Pakar ekonomi onwards forecast is 80:10:10 whereas it’s for base
menetapkan untuk tahun 2025 menggunakan bobot case, up case and down case respectively.
per scenario dari tahun pertama 80:10:10 masing-
masing untuk basecase, upcase dan downcase.
Tahun 1/Year 1 Tahun 2/Year 2
Dasar/Base Target/Range Dasar/Base Target/Range
Pertumbuhan PDB 5,07% 4,56% - 5,37% 5,21% 4,69% - 5,58% GDP Growth
Inflasi 1,91% 1,62% - 2,12% 2,82% 2,40% - 3,24% Inflation
Tingkat Pengangguran 4,85% 4,37% - 5,58% 4,78% 4,30% - 5,50% Unemployment
Ekspor riil 8,02% 7,22% - 8,82% 6,32% 5,69% - 6,95% Export Real
Impor riil 4,21% 3,79% - 4,63% 6,98% 6,28% - 7,67% Import Real
Harga Minyak USD46 - USD52 -
dunia USD65/Barel USD75 USD71/Barel USD81 Brent
Indeks Harga Properti Residensial 0,92% 0,78% - 1,06% 1,00% 0,85% - 1,15% Price Property Index
IDR15.273 - IDR15.280 -
Nilai Tukar IDR16.511 IDR18.988 IDR16.519 IDR18.997 Foreign Exchange
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 955
261
Page 958
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar Market Risk
Risiko pasar adalah risiko di mana nilai wajar atau Market risk is defined as the risk that the fair value
arus kas di masa mendatang dari suatu instrumen or future cash flows of a financial instrument will
keuangan akan berfluktuasi akibat perubahan fluctuate as a result of changes in market
variabel pasar, seperti: suku bunga, nilai tukar, variables, such as interest rates, exchange rates,
harga ekuitas dan harga komoditas. Risiko pasar equity prices and commodity prices. Market risk is
melekat pada semua portofolio bank termasuk embedded in all bank’s portfolio which comprise of
posisi pada Trading Book maupun Banking Book. Trading Books as well as the Banking Book.
Pengelolaan risiko pasar pada Trading Book, diukur Market risk management within Trading Book is
menggunakan beberapa metodologi diantaranya complemented by various measurement tools i.e:
yaitu: Value at Risk (VaR), PV01, PDN Valuta Asing Value at Risk (VaR), PV01, FX NOP (Foreign Exchange
(Posisi Devisa Neto Valuta Asing) dan Stop Loss Net Open Position) and Stop Loss Limit.
Limit.
VaR didefinisikan sebagai kerugian potensial VaR is defined as the maximum potential loss
maksimum yang berasal dari pergerakan pasar within normal market condition on specific level of
yang normal dalam tingkat kepercayaan dan confidence and holding period taking into account
jangka waktu pengambilan posisi tertentu the sensitivity and volatility from each of portfolio
berdasarkan sensitivitas atau volatilitas dari setiap variables as well as diversification effect which
variabel instrumen/portofolio dan juga efek offset risk positions in the portfolio.
diversifikasi yang mengurangi posisi risiko pada
portofolio.
Pengukuran PV01 mengkalkulasikan kerugian dari PV01 calculates the loss of an instrument or a set of
suatu instrumen atau kumpulan portofolio yang portfolio corresponding to an increase of 1 basis
diakibatkan oleh kenaikan 1 basis poin pada tingkat point in interest rate. PV01 serves as a sensitivity
suku bunga. PV01 berperan sebagai alat ukur measure of portfolio to a change in interest rate. FX
sensitivitas dari portofolio terhadap perubahan NOP is a measure to limit the maximum holding
suku bunga. PDN Valuta Asing adalah suatu position of specific currency in trading activity to
mekanisme untuk mengukur jumlah posisi yang mitigate the foreign exchange risk. In addition, Stop
diperkenankan terhadap suatu mata uang yang Loss Limit is imposed to curb the actual financial
dilakukan untuk memitigasi risiko nilai tukar. loss for trading book.
Sedangkan Stop Loss Limit ditentukan untuk
membatasi kerugian finansial yang dapat terjadi
atas setiap portofolio pada trading book.
VaR sebagai metode pengukuran dari risiko memiliki VaR as a risk measure possess some limitations.
beberapa keterbatasan. VaR menggunakan data VaR incorporates historical data to forecast future
historis untuk meramalkan pergerakan harga di price behavior. While in fact, future price behavior
masa mendatang. Sedangkan pergerakan pasar di could differ substantially from past behavior.
masa mendatang dapat jauh berbeda dari Furthermore, the application of one-day holding
pergerakan di masa lalu. Selanjutnya, penggunaan period method assumes that all positions in the
metode jangka waktu pengambilan posisi dalam portfolio can be liquidated or hedged in one day. In
satu hari mengasumsikan bahwa keseluruhan posisi liquidity crunch period or specific market events,
dalam portofolio dapat dijual/ dibeli atau di-hedge this assumption may not hold. Moreover, 99%
dalam satu hari. Dalam periode kesulitan likuiditas confidence level assumption implies that VaR does
atau kejadian di pasar yang spesifik, asumsi ini not account for any losses that occur beyond this
memiliki kemungkinan tidak tepat. Selain itu, confidence level.
penggunaan tingkat kepercayaan 99% berarti
bahwa VaR tidak mengikutkan kerugian yang
melebihi tingkat kepercayaan.
956 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
262
Page 959
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Berikut adalah hasil pengukuran VaR (tidak diaudit) Following is the VaR (unaudited) calculation during
selama tahun yang berakhir pada 31 Desember the year ended on December 31, 2025 and 2024:
2025 dan 2024:
31 Desember/December 31, 2025
Nilai Tukar/ Suku Bunga/
Foreign Exchange Interest Rate
Rata-rata 2.899 7.090 Average
Tertinggi 17.888 14.099 Highest
Terendah 101 1.730 Lowest
Akhir periode 1.021 3.935 End of period
31 Desember/December 31, 2024
Nilai Tukar/ Suku Bunga/
Foreign Exchange Interest Rate
Rata-rata 3.629 5.614 Average
Tertinggi 19.786 12.475 Highest
Terendah 283 1.595 Lowest
Akhir periode 18.245 3.228 End of period
Risiko pasar non-trading Non-trading market risk
Risiko suku bunga Interest rate risk
Pengelolaan risiko suku bunga pada non trading Interest rate risk management in non-trading or
atau Banking Book dilakukan dengan menerapkan Banking Book is done by establishing an adequate
kebijakan dan prosedur yang memadai serta policies and procedures and risk limits settings on
penetapan limit-limit risiko pada Banking Book. banking book. Besides, the Bank also conducts
Selain itu, apabila dibutuhkan Bank juga hedging related to the risk management on banking
melakukan aktivitas lindung nilai (hedging) yang book by applying financial instruments, such as
terkait dengan pengelolaan risiko pada Banking derivative financial instruments that have been
Book dengan menggunakan instrumen- approved by ALCO and in accordance with the
instrumen keuangan, seperti halnya instrumen applicable regulations, and is used only to reduce
keuangan derivatif, yang telah disetujui oleh ALCO the risk on Banking Book and not as a source to
dan sesuai dengan peraturan dari regulator yang generate profit/revenue.
berlaku dan digunakan hanya untuk mengurangi
risiko pada Banking Book, bukan sebagai sumber
untuk menghasilkan suatu keuntungan
/pendapatan.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 957
263
Page 960
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Risiko pasar non-trading (lanjutan) Non-trading market risk (continued)
Risiko suku bunga (lanjutan) Interest rate risk (continued)
Pengelolaan risiko pasar pada posisi Banking Book Market risk management for banking book or
atau Interest Rate Risk in the Banking Book (IRRBB) Interest Rate Risk in the Banking Book (IRRBB) is
dilakukan dengan menggukan dua perspektif yaitu carried out by using two perspectives, namely
perspektif nilai ekonomis (economic value) untuk the economic value perspective to measure the
mengukur dampak perubahan suku bunga impact of changes in interest rates on the
terhadap nilai ekonomis dari ekuitas Bank; dan economic value of Bank equity; and the
persepektif rentabilitas (earnings) untuk mengukur profitability (earnings) perspective to measure
dampak perubahan suku bunga terhadap the impact of changes in interest rates on the
rentabilitas (earnings) Bank. Pengelolaan Risiko IRRBB profitability (earnings) of the Bank. IRRBB Risk
tersebut dilakukan agar Bank dapat mengidentifikasi Management aims to identify Risks more
Risiko secara lebih akurat dan melakukan tindak accurately so that appropriate improvements
lanjut perbaikan yang sesuai. Bank mengadopsi can be made. The Bank adopts several
beberapa teknik pengukuran yang ditranslasikan measurement techniques which translate into
menjadi kontrol dalam pengelolaan IRRBB, baik untuk controls in the management of IRRBB, both for
pengukuran Internal, Standar Regulator dan Grup. Internal measurements, Regulator Standards
and Group.
Tabel berikut menyajikan aset yang memperoleh The following table below presents the interest-
pendapatan bunga dan kewajiban yang earning assets and interest bearing liabilities (not
memperoleh beban bunga (tidak dengan tujuan for trading purposes) at carrying amounts,
diperdagangkan) pada nilai tercatat, dikategorikan categorized by the earlier contractual repricing or
berdasarkan tanggal kontraktual perubahan suku maturity dates:
bunga atau tanggal jatuh tempo, mana yang lebih
dahulu:
31 Desember/December 31, 2025
Sampai dengan Lebih dari
3 bulan/ 5 tahun/
50010000_02 Jumlah/ Up to 3 - 12 bulan/ 1 - 5 tahun/ More than
Total 3 months months years 5 years
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 2.788.331 2.788.331 - - - Indonesia and other banks
Investasi keuangan 39.156.157 6.844.576 7.499.408 12.395.109 12.417.064 Financial investments
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 204.793 204.793 - - - resale agreements
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 116.330.305 89.398.235 10.396.704 15.814.189 721.177 receivables/financing
Piutang pembiayaan konsumen 7.306.916 39.353 718.984 6.352.546 196.033 Consumer financing receivables
165.786.502 99.275.288 18.615.096 34.561.844 13.334.274
Simpanan nasabah 116.194.096 81.045.296 11.417.749 7.652.084 16.078.967 Deposits from customers
Simpanan dari bank lain 9.129.697 9.129.697 - - - Deposits from other banks
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 7.858.696 7.858.696 - - - repurchased agreements
Surat berharga yang diterbitkan 3.971.967 - - 1.576.726 2.395.241 Securities issued
Pinjaman diterima 14.041.657 4.378.392 2.423.484 7.039.781 200.000 Borrowings
Pinjaman subordinasi 99.521 - - - 99.521 Subordinated loan
151.295.634 102.412.081 13.841.233 16.268.591 18.773.729
958 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
264
Page 961
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Risiko pasar non-trading (lanjutan) Non-trading market risk (continued)
Risiko suku bunga (lanjutan) Interest rate risk (continued)
Tabel berikut menyajikan aset yang memperoleh The following table below presents the interest-
pendapatan bunga dan kewajiban yang earning assets and interest bearing liabilities (not
memperoleh beban bunga (tidak dengan tujuan for trading purposes) at carrying amounts,
diperdagangkan) pada nilai tercatat, dikategorikan categorized by the earlier contractual repricing or
berdasarkan tanggal kontraktual perubahan suku maturity dates: (continued)
bunga atau tanggal jatuh tempo, mana yang lebih
dahulu: (lanjutan)
31 Desember/December 31, 2024
Sampai dengan Lebih dari
3 bulan/ 5 tahun/
50010000_02 Jumlah/ Up to 3 - 12 bulan/ 1 - 5 tahun/ More than
Total 3 months months years 5 years
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 2.998.966 2.998.966 - - - Indonesia and other banks
Investasi keuangan 40.152.180 7.568.470 12.636.506 10.753.758 9.193.446 Financial investments
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 838.423 838.423 - - - resale agreements
Kredit yang diberikan dan piutang/ Loans and Sharia
pembiayaan Syariah 120.388.581 75.009.153 14.122.997 21.416.111 9.840.320 receivables/financing
Piutang pembiayaan konsumen 7.192.434 68.844 744.950 6.275.271 103.369 Consumer financing receivables
171.570.584 86.483.856 27.504.453 38.445.140 19.137.135
Simpanan nasabah 119.003.891 80.990.194 14.845.577 7.771.281 15.396.839 Deposits from customers
Simpanan dari bank lain 6.020.257 6.020.257 - - - Deposits from other banks
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 14.803.086 14.803.086 - - - repurchased agreements
Surat berharga yang diterbitkan 3.713.750 - 299.664 1.297.967 2.116.119 Securities issued
Pinjaman diterima 14.426.809 4.891.792 4.830.730 4.504.287 200.000 Borrowings
Pinjaman subordinasi 99.484 - - - 99.484 Subordinated loan
158.067.277 106.705.329 19.975.971 13.573.535 17.812.442
Dari profil net repricing gap ini dapat diukur From this repricing gap profile, it is possible to
pengaruh dari perubahan suku bunga terhadap: measure the impact of interest rate changes to:
1. Pendapatan Bunga Neto dengan 1. The Net Interest Income by using static or
menggunakan analisis static atau dynamic dynamic repricing gap analysis;
repricing gap;
2. Akrual atas pendapatan bunga dengan 2. Accrual or reported earning by using Earnings
menggunakan analisis Earning at Risk (EAR) at Risk or EAR analysis (earnings perspective);
(earnings perspective); dan and
3. Nilai ekonomis dari laporan posisi keuangan 3. The economic value of the statements of
Bank dengan menggunakan analisis Economic financial position or Bank's net worth by using
Value of Equity (EVE) (Economic Perspective). Economic Value of Equity (EVE) (Economic
Perspective).
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 959
265
Page 962
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Risiko pasar non-trading (lanjutan) Non-trading market risk (continued)
Risiko suku bunga (lanjutan) Interest rate risk (continued)
Dengan diketahuinya dampak dari perubahan suku If there is change in interest rate that may affect the
bunga terhadap kinerja Bank, baik dari sisi Bank’s performance, both from earning and capital
pendapatan dan permodalan maka Bank akan side, the Bank can immediately restructure its
dapat segera merestruktur aset dan liabilitas yang assets and liabilities, either from its repricing date
dimiliki, baik dari sisi jangka waktu penyesuaian or interest rate type (Fixed or Variable), which are
suku bunganya (repricing date) ataupun jenis suku adjusted with the future interest rate changes
bunganya (Tetap atau Mengambang) yang projection, so that the risk arising can be mitigated.
disesuaikan dengan proyeksi perubahan suku
bunga di masa mendatang, sehingga risiko yang
timbul dapat dimitigasi.
Pengelolaan suku bunga yang berdasarkan The management of the interest rate risk based on
perspektif pendapatan bunga bersih, dilakukan earning perspective is conducted by measuring the
dengan mengukur sensitivitas aset dan liabilitas sensitivity of the Bank's financial assets and
keuangan Bank terhadap berbagai skenario liabilities against various standard and non-
perubahan suku bunga baik standar dan non- standard interest rate changes scenarios. In
standar. Di samping itu Bank juga melakukan stress addition, the Bank also performs stress test to see
test untuk melihat ketahanan atau sensitivitas Bank the Bank’s tenacity or sensitivity to face abnormal
dalam menghadapi kondisi pasar yang tidak market condition.
normal.
Bank telah menetapkan berbagai limit untuk risiko Bank has set up several limits for interest rate risk,
suku bunga yaitu, Earning at Risk (EAR) Limit dan i.e, Earning at Risk (EaR) Limit and Economic Value
Economic Value of Equity (EVE) Limit untuk of Equity (EVE) Limit to ensure that interest rate risk
memastikan bahwa risiko suku bunga pada posisi in the Banking Book is prudently managed based
Banking Book dikelola dengan hati-hati sesuai on the determined risk appetite.
dengan risk appetite yang telah ditentukan.
960 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
266
Page 963
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Risiko pasar non-trading (lanjutan) Non-trading market risk (continued)
Risiko suku bunga (lanjutan) Interest rate risk (continued)
Analisis atas sensitivitas Bank, berupa perubahan An analysis of the Bank's sensitivity, in terms of net
pendapatan bunga neto sampai dengan 1 tahun ke interest income changes for the whole 1 year
depan, atas kenaikan atau penurunan tingkat suku ahead, as an impact of the increase or decrease in
bunga pasar, dengan asumsi bahwa tidak ada market interest rates, by assuming no asymetrical
pergerakan asimetris pada kurva imbal hasil dan movement in curves and a constant statements of
posisi laporan posisi keuangan yang tetap adalah financial position are as follows:
sebagai berikut:
Kenaikan paralel 100 bp/ Penurunan paralel 100 bp/
100 bp parallel increase 100 bp parallel decrease
Efek pada laba rugi Efek pada ekuitas Efek pada laba rugi Efek pada ekuitas
sebelum pajak/ sebelum pajak/ sebelum pajak/ sebelum pajak/
Effect on profit and loss Effect on equity Effect on profit and loss Effect on equity
before tax before tax before tax before tax
Sensitivitas terhadap risiko Sensitivity to interest
suku bunga rate risk
Per tanggal 31 Desember 2025 As of December 31, 2025
Mata uang asing (71.244) 22.018 44.470 (32.576) Foreign currencies
Rupiah (295.257) (423.057) 85.144 443.395 Rupiah
Per tanggal 31 Desember 2024 As of December 31, 2024
Mata uang asing (94.036) 122.964 70.669 (144.601) Foreign currencies
Rupiah (386.917) (769.117) 196.856 846.576 Rupiah
Bank telah memperbaharui sistem untuk mengukur Bank has updated the system for measuring and
dan mengelola risiko suku bunga pada posisi managing interest rate risk in the Banking Book
Banking Book sehingga metodologi yang lebih hence the more complex additional methodology
kompleks untuk mengukur risiko bunga sesuai to measure the interest rate in accordance with the
dengan standar yang ditetapkan oleh regulator standard method by regulator have been
sudah dapat dilakukan secara otomatis. performed automatically.
Terkait pengelolaan risiko suku bunga pada As for interest rate risk management for marketable
portofolio surat berharga, juga telah dilakukan securities portfolio, it has been performed optimally
secara optimal di mana Bank telah memiliki through adequacy of policy, procedure and
kebijakan, prosedur dan metodologi, serta proses methodology, daily monitoring process, and limit
monitoring yang dilakukan secara harian. Proses setting, such as limit position, PV01 limit, limit on
pengelolaan risiko dilakukan dengan menetapkan decrease of corporate bond price, limit on mark to
berbagai macam limit seperti limit posisi, limit PV01, market loss and year to date (YTD) loss limit and
limit penurunan harga obligasi korporasi, limit limit maximum selling amount per month of FVOCI
kerugian atas proses revaluasi (mark to market) portofolio.
dan limit kerugian (Year to Date - YTD Loss) dan
limit jumlah maksimum penjualan portofolio FVOCI
dalam 1 bulan.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 961
267
Page 964
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Risiko pasar non-trading (lanjutan) Non-trading market risk (continued)
Risiko nilai tukar Foreign exchange risk
Risiko nilai tukar adalah risiko di mana nilai Foreign exchange risk is the risk that the value of a
instrumen keuangan akan berfluktuasi karena financial instrument will fluctuate due to changes
perubahan dalam nilai tukar mata uang asing. in foreign exchange rates. The Bank has set limits
Bank telah menetapkan limit risiko nilai tukar on positions by currency. Positions are monitored
berupa limit Posisi Devisa Neto ("PDN") konsolidasi on a daily basis and intra day basis, and hedging
terhadap modal Bank. Posisi tersebut dimonitor strategies will be used to ensure positions are
secara harian dan strategi lindung nilai (hedging) maintained within established limits.
akan digunakan untuk meyakinkan bahwa posisi
dijaga agar dalam batasan yang telah ditetapkan.
Bank telah mengelola posisi mata uang asing untuk The Bank manages its foreign currency position for
aset dan liabilitas keuangan yang dimiliki oleh Bank its financial assets and liabilities that are owned by
dengan memonitor Posisi Devisa Neto (“PDN"). Per the Bank by monitoring the Bank’s Net Open
tanggal 31 Desember 2025 dan 2024, PDN Bank telah Position (“NOP”). As of December 31, 2025 and 2024,
diungkapkan dalam Catatan 45b. the Bank’s NOP has been disclosed in Note 45b.
Tabel di bawah menggambarkan posisi mata uang The table below indicates the Bank’s foreign
asing atas aset dan liabilitas moneter Bank per currencies position of monetary assets and
tanggal 31 Desember 2025 dan 2024 di mana Bank liabilities as of December 31, 2025 and 2024 which
memiliki eksposur risiko terhadap arus kas masa shows that the Bank has risk exposure in expected
depan. Analisis tersebut menghitung pengaruh dari cash flows. The analysis calculates the effect of a
pergerakan wajar mata uang asing yang reasonably possible movement of the currency
memungkinkan terhadap Rupiah, dengan seluruh rate against the Indonesian Rupiah, with all
variabel lain dianggap konstan, terhadap laporan variables held constant, on the statements of
laba-rugi (akibat adanya perubahan nilai wajar income (due to change in the fair value of currency
aset dan liabilitas moneter bank secara sensitive monetary assets and liabilities) and
keseluruhan yang sensitif terhadap nilai tukar) dan equity (due to change in the fair value of assets
ekuitas (akibat adanya perubahan nilai wajar atas and liabilities) (before tax).
aset dan liabilitas keuangan) (sebelum pajak).
Peningkatan 1%/ Penurunan 1%/
1% increase 1% decrease
31 Desember 2025 December 31, 2025
Potensi (kerugian)/keuntungan Potential (losses)/gains on
perubahan nilai tukar (1.608) 1.608 exchange rate change
31 Desember 2024 December 31, 2024
Potensi (kerugian)/keuntungan Potential (losses)/gains on
perubahan nilai tukar (7.867) 7.867 exchange rate change
962 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
268
Page 965
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Likuiditas Liquidity Risk
Risiko likuiditas dapat terjadi ketika sebuah bank Liquidity risk may arise once a bank is incapable to
tidak dapat memenuhi kewajiban finansialnya meet its financial obligation to the customer or
kepada nasabah atau pihak lawan secara tepat counterparty in timely manner and at a fair price.
waktu dengan biaya yang wajar. Manajemen risiko Liquidity risk management is crucial because it can
likuiditas merupakan hal yang sangat penting have a significant impact on business continuity.
karena dapat berdampak signifikan terhadap The Bank incessantly ensures that liquidity needs
keberlangsungan bisnis. Bank senantiasa berupaya at the present and in the future could be met vis-
memastikan bahwa setiap kebutuhan likuiditas dan a-vis in normal market condition as well as crisis
pendanaan saat ini dan masa mendatang dapat period.
terpenuhi baik dalam kondisi pasar normal maupun
kondisi krisis.
Dalam mengelola risiko likuiditas, unit kerja In managing liquidity ratio, risk management work
manajemen risiko bertanggung jawab untuk unit responsible for implementing policy,
mengimplementasikan kebijakan, metodologi metodology, measurement, monitoring and
pengukuran, pemantauan dan pelaporan eksposur liquidity risk exposure reporting and also monitoring
risiko likuiditas dan juga untuk memantau compliance of the guidelines for supporting
kepatuhan terhadap pedoman-pedoman tersebut function of Assets and Liabilities Committee
guna mendukung fungsi dari Assets and Liabilities (“ALCO”).
Committee (“ALCO”).
Langkah-langkah yang berkelanjutan telah Proper measures have been continually
dilakukan dalam mengelola risiko ini. Di sisi aset, implemented to manage this risk. On the asset side,
kebijakan untuk pembelian instrumen-instrumen policies for financial assets holding for the trading
keuangan untuk posisi trading book telah book are in place detailing the acceptable criteria
ditetapkan, yang juga meliputi kriteria-kriteria atau for trading and investment assets especially for
jenis-jenis aset yang dapat dibeli terutama aset- highly liquid assets. While on the liabilities side, the
aset yang sangat likuid, baik untuk trading maupun liability mix in terms of type and tenor are likewise
untuk investasi. Sementara itu di sisi liabilitas analyzed on a continuous basis to ensure sufficient
analisis jenis-jenis liabilitas dan jangka waktunya liquidity at all times.
selalu dilakukan secara konsisten agar likuiditas
bisa terjaga sepanjang waktu.
Pengelolaan likuiditas Bank dilakukan secara terpusat The Bank’s liquidity management is done centrally
oleh Treasury bekerjasama dengan unit-unit by Treasury cooperating with other
bisnis/pendukung lainnya, seperti antara lain unit business/supporting units, such as credit, funding,
bisnis perkreditan, pendanaan, operasional, teknologi operational, information technology, corporate
informasi, komunikasi perusahaan, dan manajemen communication, and risk management business
risiko. Dengan demikian, kebutuhan/ketersediaan unit. Therefore, funding needs/availability arising
pendanaan yang timbul dari aktivitas operasional from daily bank operaitonal activities can be
bank sehari-hari dapat dikelola dengan baik untuk managed well to maximize the Bank’s
memaksimalkan kinerja Bank. Dan juga, dengan performance. In addition, by good communication
adanya kerjasama yang baik antar unit kerja, maka between working unit, liquidity risk triggered by
risiko likuiditas yang dipicu oleh kejadian risiko lainnya other risk events (credit risk, market risk, operational
(risiko kredit, risiko pasar, risiko operasional, risiko risk, legal risk, compliance risk, reputation risk and
hukum, risiko kepatuhan, risiko reputasi dan risiko strategic risk) can be detected and mitigated well
stratejik) dapat dideteksi dan dimitigasi dengan benar and in timely manner. Furthermore, new products/
dan tepat waktu. Selanjutnya produk- transactions/ activities that impact the bank's
produk/transaksi-transaksi/aktivitas-aktivitas baru assets and liabilities should be adequately
yang mengakibatkan adanya penambahan aset dan reviewed and approved before such new product/
liabilitas, selalu melalui proses review dan persetujuan transaction/activity is initiated.
yang seksama sebelum produk/transaksi/aktivitas
baru tersebut dijalankan.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 963
269
Page 966
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Likuiditas (lanjutan) Liquidity Risk (continued)
Disamping itu bank juga telah menetapkan dan In addition, the Bank has determined and
menerapkan pengukuran risiko likuiditas, seperti implemented liquidity risk measurement, such as
berbagai rasio likuiditas, analisis gap likuiditas, dan various liquidity ratios, liquidity gap analysis and
stress testing, serta limit-limit likuiditas, seperti stress testing and the liquidity risk limits, such as
Liquidity Coverage Ratio (LCR), Net Stable Funding Liquidity Coverage Ratio (LCR), Net Stable Funding
Ratio (NSRF), Operating Cash Flow (OCF) Limit, Ratio (NSRF), the Operating Cash Flow (OCF) Limit,
Interbank taking limit, FX swap funding limit, Interbank taking limit, FX swap funding limit,
secondary reserve limit, limit 50 deposan terbesar secondary reserve limit, top 50 depositors limit and
dan limit-limit likuiditas lainnya, yang semuanya other liquidity limits have been set up, to ensure
bertujuan untuk mengendalikan risiko likuiditas prudent bank wide liquidity risk in accordance with
agar sesuai dengan risk appetite yang telah the determined risk appetite.
ditetapkan.
Bank dalam memperkuat penerapan manajemen To strengthen liquidity risk management
risiko likuiditas telah menetapkan dan menguji implementation, the Bank has set up and examined
secara berkala Rencana Pendanaan Darurat (LCP) Liquidity Contingency Plan (LCP) to ensure the
untuk memastikan kesiapan Bank dalam Bank's readiness to face liquidity crisis, including
menghadapi krisis likuiditas, termasuk di dalamnya monitoring process of various early warning
adalah proses monitoring atas berbagai indikator indicator performed daily.
peringatan dini (Early Warning Indicator - EWI) krisis
likuiditas yang dilakukan secara harian.
Bank juga telah menyusun Rencana Pemulihan Banks also have Recovery Plan that designed to
(Recovery Plan) yang dibuat untuk identify the credible options in order to recover from
mengidentifikasikan opsi-opsi yang kredibel agar the financial crisis problems that may occur. This
dapat pulih dari krisis atau permasalahan Recovery Plan includes an executive summary, an
keuangan yang mungkin terjadi. Rencana aksi ini overview of the Bank, the recovery option for each
mencakup ringkasan eksekutif, gambaran umum indicator which are capital, liquidity, profitability,
Bank, opsi pemulihan (recovery options) untuk and asset quality as well as the disclosure of the
setiap indikator yaitu permodalan, likuiditas, recovery plan.
profitabilitas, dan kualitas aset serta
pengungkapan rencana pemulihan.
Selain itu beberapa langkah stategis telah diambil Several strategic actions have been taken to
dalam memitigasi risiko likuiditas dan pendanaan, mitigate liquidity risk and funding, among others,
antara lain dengan cara merestrukturisasi sumber by restructuring the source and duration of funding
dan jangka waktu pendanaan melalui penerbitan through the issuance of bonds and subordinated
obligasi dan obligasi subordinasi dalam mata uang bonds denominated in Rupiah. On the other hand,
Rupiah. Di sisi lain, Bank senantiasa mencari potensi the Bank is always looking for potential long-term
pinjaman bilateral jangka panjang guna bilateral loans to support the credit growth in USD
mendukung pertumbuhan kredit dalam mata uang currency.
USD.
Analisis jatuh tempo aset dan liabilitas Bank yang The maturity analysis of assets and liabilities
berkaitan dengan risiko likuiditas merujuk ke related to liquidity risk of the Bank referred to
Catatan 53a. Note 53a.
964 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
270
Page 967
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. MANAJEMEN RISIKO (lanjutan) 50. RISK MANAGEMENT (continued)
Risiko Likuiditas (lanjutan) Liquidity Risk (continued)
Tabel di bawah ini menunjukkan sisa jatuh tempo The table below shows the remaining contractual
kontraktual dari liabilitas keuangan berdasarkan maturities of financial liabilities based on
pada arus kas yang tidak didiskonto: undiscounted cashflow:
31 Desember/December 31, 2025
Lebih dari Lebih dari Lebih dari Lebih dari Lebih dari
1 bulan 3 bulan 6 bulan 1 tahun 3 tahun
s/d 3 bulan/ s/d 6 bulan/ s/d 1 tahun/ s/d 3 tahun/ s/d 5 tahun/ Lebih dari
Sampai dengan More than More than More than More than More than 5 tahun/
50010000_02 1 bulan/ 1 month 3 months 6 months 1 year 3 years More than Jumlah/
Up to 1 month until 3 months until 6 months until 1 year until 3 years until 5 years 5 years Total
LIABILITAS LIABILITIES
Obligations due
Liabiltas segera 2.316.054 - - - - - - 2.316.054 immediately
Simpanan nasabah 92.674.400 17.355.229 3.197.993 3.631.206 222.788 126.147 77.496 117.285.259 Deposits from customers
Simpanan dari bank lain 6.644.558 2.519.879 - - - - - 9.164.437 Deposits from other banks
Efek-efek yang dijual Securities sold under
dengan janji dibeli kembali 7.858.696 - - - - - - 7.858.696 repurchased agreements
Liabilitas derivatif 1.370.607 - - - - - - 1.370.607 Derivatives payable
Liabilitas akseptasi 1.890.224 - - - - - - 1.890.224 Acceptances payable
Surat berharga yang
diterbitkan 13.632 27.170 1.415.868 35.151 2.548.350 249.124 - 4.289.295 Securities issued
Pinjaman diterima 1.885.331 2.739.536 410.532 2.098.448 5.210.291 1.947.917 - 14.292.055 Borrowings
Beban yang masih harus
dibayar dan liabilitas Accrued expenses and
lain-lain*) 190.384 - - - - - - 190.384 other liabilities*)
Pinjaman subordinasi - - - - - - 107.421 107.421 Subordinated loan
Jumlah 114.843.886 22.641.814 5.024.393 5.764.805 7.981.429 2.323.188 184.917 158.764.432 Total
31 Desember/December 31, 2024
Lebih dari Lebih dari Lebih dari Lebih dari Lebih dari
1 bulan 3 bulan 6 bulan 1 tahun 3 tahun
s/d 3 bulan/ s/d 6 bulan/ s/d 1 tahun/ s/d 3 tahun/ s/d 5 tahun/ Lebih dari
Sampai dengan More than More than More than More than More than 5 tahun/
50010000_02 1 bulan/ 1 month 3 months 6 months 1 year 3 years More than Jumlah/
Up to 1 month until 3 months until 6 months until 1 year until 3 years until 5 years 5 years Total
LIABILITAS LIABILITIES
Obligations due
Liabiltas segera 1.070.575 - - - - - - 1.070.575 immediately
Simpanan nasabah 86.941.472 22.311.054 6.498.839 3.867.595 240.519 98.451 91.797 120.049.727 Deposits from customers
Simpanan dari bank lain 6.036.982 - - - - - - 6.036.982 Deposits from other banks
Efek-efek yang dijual Securities sold under
dengan janji dibeli kembali 14.803.086 - - - - - - 14.803.086 repurchased agreements
Liabilitas derivatif 1.356.421 - - - - - - 1.356.421 Derivatives payable
Liabilitas akseptasi 1.416.229 - - - - - - 1.416.229 Acceptances payable
Surat berharga yang
diterbitkan 20.956 16.935 1.383.336 345.159 2.265.288 - - 4.031.674 Securities issued
Pinjaman diterima 890.573 4.503.587 1.659.655 3.355.636 4.077.822 359.772 - 14.847.045 Borrowings
Beban yang masih harus
dibayar dan liabilitas Accrued expenses and
lain-lain*) 275.929 - - - - - - 275.929 other liabilities*)
Pinjaman subordinasi - - - - - - 107.384 107.384 Subordinated loan
Jumlah 112.812.223 26.831.576 9.541.830 7.568.390 6.583.629 458.223 199.181 163.995.052 Total
*) Beban yang masih harus dibayar dan liabilitas lain-lain terdiri *) Accrued expenses and other liabilities consists of accrued
atas bunga yang masih harus dibayar interests
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 965
271
Page 968
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
51. NILAI WAJAR INSTRUMEN KEUANGAN 51. FAIR VALUE OF FINANCIAL INSTRUMENTS
Tabel di bawah ini menyajikan perbandingan atas The table below presents the comparison by class
nilai tercatat dengan nilai wajar dari instrumen of the carrying amounts and fair value of the
keuangan konsolidasian yang tercatat dalam consolidated financial instruments that are
laporan keuangan. recognized in the financial statements.
31 Desember/December 31, 2025
Nilai tercatat/Carrying value
Nilai wajar
melalui
Biaya penghasilan
Nilai wajar perolehan komprehensif
melalui laba diamortisasi lainnya/
rugi/ lainnya/ Fair value Jumlah
Fair value Other through other nilai
through amortized comprehensive tercatat/ Nilai wajar/
profit or loss cost income Carrying value Fair value
Aset keuangan: Financial assets:
Current accounts with Bank
Giro pada Bank Indonesia - 7.099.181 - 7.099.181 7.099.181 Indonesia
Giro pada bank lain - 3.397.876 - 3.397.876 3.397.876 Current accounts with other banks
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain - 2.782.292 - 2.782.292 2.782.292 and other banks
Efek-efek yang diperdagangkan 4.553.200 - - 4.553.200 4.553.200 Trading securities
Investasi keuangan Financial investments
- Biaya perolehan diamortisasi - 9.755.165 - 9.755.165 9.722.347 Amortized cost -
- Nilai wajar melalui Fair value through other -
penghasilan komprehensif lain - - 29.200.040 29.200.040 29.200.040 comprehensive income
- Penyertaan saham - - 196.443 196.443 196.443 Investments in shares -
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali - 204.791 - 204.791 204.791 under resale agreements
Tagihan derivatif 1.711.294 - - 1.711.294 1.711.294 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah - 113.148.320 - 113.148.320 160.802.179 receivables/financing
Piutang pembiayaan Consumer financing
konsumen - 7.180.073 - 7.180.073 7.920.505 receivables
Tagihan akseptasi - 1.915.310 - 1.915.310 1.915.310 Acceptance receivables
Beban dibayar dimuka dan Prepayments and
aset lain-lain*) - 1.208.002 - 1.208.002 1.208.002 other assets*)
Jumlah aset 6.264.494 146.691.010 29.396.483 182.351.987 230.713.460 Total assets
Liabilitas keuangan: Financial liabilities:
Liabilitas segera - 2.316.054 - 2.316.054 2.316.054 Obligation due immediately
Simpanan nasabah - 116.194.096 - 116.194.096 116.194.096 Deposits from customers
Simpanan dari bank lain - 9.129.697 - 9.129.697 9.129.697 Deposits from other banks
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali - 7.858.696 - 7.858.696 7.858.696 repurchased agreements
Liabilitas derivatif 1.370.607 - 1.370.607 1.370.607 Derivatives payable
Liabilitas akseptasi - 1.890.224 - 1.890.224 1.890.224 Acceptance payables
Surat berharga yang diterbitkan - 3.971.967 - 3.971.967 4.006.608 Securities issued
Pinjaman diterima - 14.041.657 - 14.041.657 14.069.412 Borrowings
Beban yang masih harus dibayar Accrued expenses and other
dan liabilitas lain-lain**) - 190.384 - 190.384 190.384 liabilities**)
Pinjaman subordinasi - 99.521 - 99.521 99.521 Subordinated loan
Jumlah liabilitas 1.370.607 155.692.296 - 157.062.903 157.125.299 Total liabilities
*) Beban dibayar di muka dan aset lain-lain terdiri atas piutang *) Prepayments and other assets consist of interests receivable-net and
bunga-neto dan tagihan card center dan Mastercard card center receivables and Mastercard
**) Beban yang masih harus dibayar dan liabilitas lain-lain terdiri **) Accrued expenses and other liabilities consists of accrued
atas bunga yang masih harus dibayar interests
966 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
272
Page 969
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
51. NILAI WAJAR INSTRUMEN KEUANGAN (lanjutan) 51. FAIR VALUE OF FINANCIAL INSTRUMENTS
(continued)
31 Desember/December 31, 2024
Nilai tercatat/Carrying value
Nilai wajar
melalui
Biaya penghasilan
Nilai wajar perolehan komprehensif
melalui laba diamortisasi lainnya/
rugi/ lainnya/ Fair value Jumlah
Fair value Other through other nilai
through amortized comprehensive tercatat/ Nilai wajar/
profit or loss cost income Carrying value Fair value
Aset keuangan: Financial assets:
Current accounts with Bank
Giro pada Bank Indonesia - 10.696.358 - 10.696.358 10.696.358 Indonesia
Giro pada bank lain - 2.570.841 - 2.570.841 2.570.841 Current accounts with other banks
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain - 2.998.966 - 2.998.966 2.998.966 and other banks
Efek-efek yang diperdagangkan 1.941.629 - - 1.941.629 1.941.629 Trading securities
Investasi keuangan Financial investments
- Biaya perolehan diamortisasi - 4.247.360 - 4.247.360 4.234.264 Amortized cost -
- Nilai wajar melalui Fair value through other -
penghasilan komprehensif lain - - 35.708.623 35.708.623 35.708.623 comprehensive income
- Penyertaan saham - - 195.182 195.182 195.182 Investments in shares -
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali - 838.276 - 838.276 838.276 under resale agreements
Tagihan derivatif 1.381.431 - - 1.381.431 1.381.431 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah - 116.485.643 - 116.485.643 121.580.454 receivables/financing
Piutang pembiayaan Consumer financing
konsumen - 7.075.948 - 7.075.948 8.019.120 receivables
Tagihan akseptasi - 1.571.065 - 1.571.065 1.571.065 Acceptance receivables
Beban dibayar dimuka dan Prepayments and
aset lain-lain*) - 1.071.613 - 1.071.613 1.071.613 other assets*)
Jumlah aset Total assets
3.323.060 147.556.070 35.903.805 186.782.935 192.807.822
Liabilitas keuangan: Financial liabilities:
Liabilitas segera - 1.070.575 - 1.070.575 1.070.575 Obligation due immediately
Simpanan nasabah - 119.003.891 - 119.003.891 119.003.891 Deposits from customers
Simpanan dari bank lain - 6.020.257 - 6.020.257 6.020.257 Deposits from other banks
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali - 14.803.086 - 14.803.086 14.803.086 repurchased agreements
Liabilitas derivatif 1.356.421 - - 1.356.421 1.356.421 Derivatives payable
Liabilitas akseptasi - 1.416.229 - 1.416.229 1.416.229 Acceptance payables
Surat berharga yang diterbitkan - 3.713.750 - 3.713.750 3.707.594 Securities issued
Pinjaman diterima - 14.426.809 - 14.426.809 14.473.489 Borrowings
Beban yang masih harus dibayar Accrued expenses and other
dan liabilitas lain-lain**) - 275.929 - 275.929 275.929 liabilities**)
Pinjaman subordinasi - 99.484 - 99.484 99.484 Subordinated loan
Jumlah liabilitas 1.356.421 160.830.010 - 162.186.431 162.226.955 Total liabilities
*) Beban dibayar di muka dan aset lain-lain terdiri atas piutang *) Prepayments and other assets consist of interests receivable-
bunga-neto dan tagihan card center dan Mastercard net and card center receivables and Mastercard
**) Beban yang masih harus dibayar dan liabilitas lain-lain terdiri **) Accrued expenses and other liabilities consists of accrued
atas bunga yang masih harus dibayar interests
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 967
273
Page 970
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
51. NILAI WAJAR INSTRUMEN KEUANGAN (lanjutan) 51. FAIR VALUE OF FINANCIAL INSTRUMENTS
(continued)
Berikut metode dan asumsi yang digunakan oleh The following methods and assumptions are used
Bank dan entitas anaknya untuk perkiraan nilai by the Bank and subsidiaries to estimate the fair
wajar: value of financial instruments:
Nilai wajar aset dan liabilitas keuangan tertentu Fair values of certain financial assets and liabilities
selain derivatif, efek-efek dengan biaya perolehan other than derivatives, amortized cost securities,
yang diamortisasi, piutang pembiayaan konsumen, consumer financing receivables, loans and sharia
kredit yang diberikan dan piutang/pembiayaan receivables/financing, borrowings and securities
syariah, pinjaman diterima dan surat berharga issued (call money > 90 days) are approximately
yang diterbitkan (call money > 90 hari) mendekati the same with their carrying amounts due to the
nilai tercatat karena instrumen keuangan tersebut short-term maturities of these financial
memiliki jangka waktu jatuh tempo yang singkat. instruments.
Nilai wajar tagihan dan liabilitas derivatif dihitung The fair value of derivatives receivable and payable
berdasarkan metodologi yang dijelaskan dalam are calculated based on methodology as disclosed
Catatan 2l dan 11. in Notes 2l and 11.
Nilai wajar dari pinjaman diterima dihitung The fair value of borrowings is calculated using
menggunakan diskonto arus kas berdasarkan discounted cash flows using market interest rate.
tingkat suku bunga pasar.
Nilai wajar untuk surat berharga yang diterbitkan The fair value of securities issued and subordinated
dan obligasi subordinasi dihitung menggunakan bonds are calculated using prevailing market price.
nilai pasar yang berlaku.
Nilai wajar dari kredit yang diberikan dan The fair value of loans and sharia
piutang/pembiayaan syariah, efek-efek dengan receivables/financing, amortized cost securities
biaya perolehan yang diamortisasi dan piutang and consumer financing receivables are
pembiayaan konsumen dinilai menggunakan determined by discounting cash flows using
diskonto arus kas berdasarkan tingkat suku bunga current market interest rate.
pasar terkini.
Tabel di bawah ini menyajikan instrumen keuangan The table below shows the financial instruments
yang diakui pada nilai wajar berdasarkan hirarki recognized at fair value based on the hierarchy
yang digunakan Bank untuk menentukan dan used by the Bank in determining and disclosing the
mengungkapkan nilai wajar dari instrumen fair value of financial instruments:
keuangan:
(i) Tingkat 1: Harga kuotasian (tanpa (i) Level 1: Quoted prices (unadjusted) in active
penyesuaian) di pasar aktif untuk aset atau markets for identical asset or liabilities;
liabilitas yang identik;
(ii) Tingkat 2: Teknik lain atas semua input yang (ii) Level 2: Other techniques for which all inputs
memiliki efek signifikan terhadap nilai wajar which have a significant effect on the recorded
yang tercatat dapat diobservasi, baik secara fair value are observable, either directly or
langsung maupun tidak langsung; indirectly;
(iii) Tingkat 3: Teknik yang menggunakan input (iii) Level 3: Techniques which use inputs that have a
yang memiliki pengaruh signifikan terhadap significant effect on the recorded fair value
nilai wajar yang tercatat yang tidak that are not based on observable market data.
berdasarkan data pasar yang dapat
diobservasi.
968 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
274
Page 971
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
51. NILAI WAJAR INSTRUMEN KEUANGAN (lanjutan) 51. FAIR VALUE OF FINANCIAL INSTRUMENTS
(continued)
31 Desember/December 31, 2025
Nilai wajar/Fair value
Jumlah nilai
tercatat/ Tingkat 1/ Tingkat 2/ Tingkat 3/ Jumlah/
Total carrying Level 1 Level 2 Level 3 Total
amount
Aset keuangan: Financial assets:
Efek-efek yang diperdagangkan 4.553.200 4.553.200 - - 4.553.200 Trading securities
Investasi keuangan Financial investments
- Biaya perolehan diamortisasi 9.755.165 8.212.617 - 1.509.730 9.722.347 Amortized cost -
- Nilai wajar melalui penghasilan Fair value through -
komprehensif lain 29.200.040 29.150.426 49.614 - 29.200.040 comprehensive income
- Penyertaan saham 196.443 - - 196.443 196.443 Investments in shares -
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 204.791 - - 204.791 204.791 resale agreement
Tagihan derivatif 1.711.294 - 1.711.294 - 1.711.294 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah 113.148.320 - - 160.802.179 160.802.179 receivables/financing
Piutang pembiayaan Consumer financing
konsumen 7.180.073 - - 7.920.505 7.920.505 receivables
Jumlah aset 165.949.326 41.916.243 1.760.908 170.633.648 214.310.799 Total assets
Liabilitas keuangan: Financial liabilities:
Liabilitas derivatif 1.370.607 - 1.370.607 - 1.370.607 Derivatives payable
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 7.858.696 - 7.858.696 - 7.858.696 repurchased agreement
Surat berharga yang diterbitkan 3.971.967 - 4.006.608 - 4.006.608 Securities issued
Pinjaman diterima 14.041.657 - 14.069.412 - 14.069.412 Borrowings
Pinjaman subordinasi 99.521 - 99.521 - 99.521 Subordinated loan
Jumlah liabilitas 27.342.448 - 27.404.844 - 27.404.844 Total liabilities
31 Desember/December 31, 2024
Nilai wajar/Fair value
Jumlah nilai
tercatat/ Tingkat 1/ Tingkat 2/ Tingkat 3/ Jumlah/
Total carrying Level 1 Level 2 Level 3 Total
amount
Aset keuangan: Financial assets:
Efek-efek yang diperdagangkan 1.941.629 1.941.629 - - 1.941.629 Trading securities
Investasi keuangan Financial investments
- Biaya perolehan diamortisasi 4.247.360 2.514.938 - 1.719.326 4.234.264 Amortized cost -
- Nilai wajar melalui penghasilan Fair value through -
komprehensif lain 35.708.623 35.662.370 46.253 - 35.708.623 comprehensive income
- Penyertaan saham 195.182 - - 195.182 195.182 Investments in shares -
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 838.276 - - 838.276 838.276 resale agreement
Tagihan derivatif 1.381.431 - 1.381.431 - 1.381.431 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah 116.485.643 - - 121.580.454 121.580.454 receivables/financing
Piutang pembiayaan Consumer financing
konsumen 7.075.948 - - 8.019.120 8.019.120 receivables
Jumlah aset 167.874.092 40.118.937 1.427.684 132.352.358 173.898.979 Total assets
Liabilitas keuangan: Financial liabilities:
Liabilitas derivatif 1.356.421 - 1.356.421 - 1.356.421 Derivatives payable
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 14.803.086 - 14.803.086 - 14.803.086 repurchased agreement
Surat berharga yang diterbitkan 3.713.750 - 3.707.594 - 3.707.594 Securities issued
Pinjaman diterima 14.426.809 - 14.473.489 - 14.473.489 Borrowings
Pinjaman subordinasi 99.484 - 99.484 - 99.484 Subordinated loan
Jumlah liabilitas 34.399.550 - 34.440.074 - 34.440.074 Total liabilities
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 969
275
Page 972
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. MANAJEMEN MODAL 52. CAPITAL MANAGEMENT
Tujuan utama dari kebijakan Bank atas kebijakan The primary objectives of the Bank’s capital
pengelolaan modal adalah untuk memastikan management policy are to ensure that it has a
bahwa Bank memiliki modal yang kuat untuk strong capital to support the Bank’s current
mendukung strategi pengembangan ekspansi business expansion strategy, to sustain future
usaha Bank saat ini, mempertahankan development of the business, to meet regulator
kelangsungan pengembangan di masa capital adequacy requirements and also to ensure
mendatang, untuk memenuhi ketentuan the efficiency of Bank’s capital structure.
kecukupan permodalan yang ditetapkan oleh
regulator serta memastikan agar struktur
permodalan Bank telah efisien.
Bank menyusun Rencana Permodalan berdasarkan The Bank undertakes Capital Planning based on
penilaian dan penelaahan atas kebutuhan assessment and review of the capital situation in
kecukupan permodalan yang dipersyaratkan dan terms of the legal capital adequacy requirement,
mengkombinasikannya dengan tinjauan combined with assessment of economic outlooks
perkembangan ekonomi terkini dan hasil dari and stress test result. The Bank will continue to link
metode stress test. Bank senantiasa akan financial and capital adequacy goals to risk
menghubungkan tujuan keuangan dan kecukupan appetite through the capital planning process and
modal terhadap risk appetite melalui proses stress testing method as well as assess the
perencanaan modal dan stress test, begitu pula businesses based on Bank’s capital and liquidity
dengan bisnis yang didasarkan pada permodalan requirements.
dan persyaratan likuiditas Bank.
Kebutuhan permodalan Bank juga direncanakan The capital needs of the Bank are also discussed
dan didiskusikan secara rutin yang didukung and planned on a routine basis supported by data
dengan data analisis. analysis.
Rencana Permodalan disusun oleh Direksi sebagai Capital Planning is prepared by Board of Directors
bagian dari Rencana Bisnis Bank dan disetujui oleh as part of Bank’s Business Plan and is approved by
Dewan Komisaris. Perencanaan ini diharapkan akan the Board of Commissioners. Capital Planning
memastikan tersedianya modal yang cukup dan ensures that adequate levels of capital and an
terciptanya struktur permodalan yang optimal optimum mix of the different components of
berdasarkan komponen permodalan yang berbeda capital are maintained to support Bank’s strategy.
untuk mendukung strategi Bank.
Bank telah melakukan perhitungan kecukupan The Bank calculates its capital adequacy
modal berdasarkan ketentuan yang berlaku, yaitu requirements based on the prevailing regulation,
POJK Nomor 11/POJK.03/2016 tentang Kewajiban POJK Number 11/POJK.03/2016 regarding the
Penyediaan Modal Minimum Bank Umum. Modal Mandatory Minimum Capital Requirements for
yang dimiliki terdiri atas modal inti (Tier 1) dan Commercial Banks. The capital consists of Tier 1
modal pelengkap (Tier 2). Modal inti (Tier 1) meliputi Capital and Tier 2 Capital. Tier 1 Capital consists of
modal inti utama dan modal inti tambahan. Common Equity Tier 1 and Additional Tier 1 Capital.
Bank telah meningkatkan modal melalui rights The Bank had raised share capital through rights
issue sebesar Rp1.407.050 pada bulan April 2010, issuances of Rp1,407,050 in April 2010, Rp1,500,854
sebesar Rp1.500.854 pada bulan Juli 2013, sebesar in July 2013, Rp1,497,204 in December 2014 and
Rp1.497.204 pada bulan Desember 2014 dan Rp1,998,532 in June 2018. The Bank has also
sebesar Rp1.998.532 pada bulan Juni 2018. Bank recently completed a Subordinated Debt issuance
juga telah menyelesaikan penerbitan Obligasi realisation of Rp1,500,000 in May 2011, Rp500,000 in
Subordinasi dengan realisasi sebesar Rp1.500.000 December 2011, Rp1,000,000 in October 2012,
pada bulan Mei 2011, Rp500.000 pada bulan Rp1,500,000 in July 2014 and Rp800,000 in June
Desember 2011, Rp1.000.000 pada bulan Oktober 2016.
2012, Rp1.500.000 pada bulan Juli 2014 dan
Rp800.000 pada bulan Juni 2016.
970 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
276
Page 973
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
53. INFORMASI LAINNYA 53. OTHER INFORMATION
a. Analisa jatuh tempo aset dan liabilitas (sebelum a. Maturity analysis of assets and liabilities (before
cadangan kerugian penurunan nilai) allowance for impairment losses) based on the
berdasarkan jangka waktu kontraktual yang remaining contractual period from December 31,
tersisa sejak tanggal 31 Desember 2025 dan 2024 2025 and 2024, until maturity are as follows:
sampai dengan jatuh tempo adalah sebagai
berikut:
31 Desember/December 31, 2025
Tidak
mempunyai Lebih dari Lebih dari Lebih dari
tanggal 1 bulan s/d 3 bulan s/d 6 bulan s/d
jatuh tempo Sampai 3 bulan/ 6 bulan/ 12 bulan/
kontraktual/ dengan More than More than More than Lebih dari
No 1 bulan/ 1 month 3 months 6 months 12 bulan/
50010000_02 contractual Up to until until until More than Jumlah/
maturity 1 month 3 months 6 months 12 months 12 months Total
Aset Assets
Kas 1.717.615 - - - - - 1.717.615 Cash
Current accounts with
Giro pada Bank Indonesia - 7.099.181 - - - - 7.099.181 Bank Indonesia
Giro pada bank lain - 3.398.766 - - - - 3.398.766 Current accounts with other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain - 2.788.331 - - - - 2.788.331 Indonesia and other banks
Efek-efek yang diperdagangkan - - 219.991 111.210 3.802.517 419.482 4.553.200 Trading securities
Investasi keuangan 196.443 6.370.976 2.106.247 2.846.074 1.904.099 25.732.318 39.156.157 Financial investments
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali - neto - 204.793 - - - - 204.793 resale agreement - net
Tagihan derivatif - 108.076 157.151 21.017 190.493 1.234.557 1.711.294 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah - 7.995.707 7.119.712 11.841.686 22.222.741 67.150.459 116.330.305 receivables/financing
Piutang pembiayaan konsumen - 13.187 57.366 183.694 785.652 6.267.017 7.306.916 Consumer financing receivables
Tagihan akseptasi - 475.910 789.107 647.767 5.893 - 1.918.677 Acceptances receivable
Beban dibayar dimuka dan Prepayments and
aset lain-lain 926.171 5.734.362 - - - - 6.660.533 other assets
Jumlah aset 2.840.229 34.189.289 10.449.574 15.651.448 28.911.395 100.803.833 192.845.768 Total assets
Liabilitas Liabilities
Liabilitas segera - 2.316.054 - - - - 2.316.054 Obligations due immediately
Giro - 44.343.758 - - - - 44.343.758 Demand deposits
Tabungan - 22.526.785 - - - - 22.526.785 Savings deposits
Deposito berjangka - 30.212.816 12.898.205 3.112.188 3.069.598 30.746 49.323.553 Time deposits
Simpanan dari bank lain - 6.257.660 2.509.775 340.817 21.445 - 9.129.697 Deposits from other banks
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali - neto - 7.858.696 - - - - 7.858.696 repurchased agreement - net
Liabilitas derivatif - 153.492 97.409 40.960 96.442 982.304 1.370.607 Derivatives payable
Liabilitas akseptasi - 475.370 764.889 644.649 5.316 - 1.890.224 Acceptances payable
Surat berharga yang diterbitkan - - - 778.782 693.446 2.499.739 3.971.967 Securities issued
Pinjaman diterima - 1.814.456 1.568.380 926.008 1.090.278 8.642.535 14.041.657 Borrowings
Beban yang masih harus dibayar Accrued expenses and
dan liabilitas lain-lain 112.894 1.339.066 - - 1.561 1.994.445 3.447.966 other liabilities
Pinjaman subordinasi - - - - - 99.521 99.521 Subordinated loan
Jumlah liabilitas 112.894 117.298.153 17.838.658 5.843.404 4.978.086 14.249.290 160.320.485 Total liabilities
Aset/(liabilitas) neto 2.727.335 (83.108.864) (7.389.084) 9.808.044 23.933.309 86.554.543 32.525.283 Net assets/(liabilities)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 971
277
Page 974
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
53. INFORMASI LAINNYA (lanjutan) 53. OTHER INFORMATION (continued)
a. Analisa jatuh tempo aset dan liabilitas (sebelum a. Maturity analysis of assets and liabilities (before
cadangan kerugian penurunan nilai) allowance for impairment losses) based on the
berdasarkan jangka waktu kontraktual yang remaining contractual period from December 31,
tersisa sejak tanggal 31 Desember 2025 dan 2024 2025 and 2024, until maturity are as follows:
sampai dengan jatuh tempo adalah sebagai (continued)
berikut : (lanjutan)
31 Desember/December 31, 2024
Tidak
mempunyai Lebih dari Lebih dari Lebih dari
tanggal 1 bulan s/d 3 bulan s/d 6 bulan s/d
jatuh tempo Sampai 3 bulan/ 6 bulan/ 12 bulan/
kontraktual/ dengan More than More than More than Lebih dari
No 1 bulan/ 1 month 3 months 6 months 12 bulan/
50010000_02 contractual Up to until until until More than Jumlah/
maturity 1 month 3 months 6 months 12 months 12 months Total
Aset Assets
Kas 1.861.870 - - - - - 1.861.870 Cash
Current accounts with
Giro pada Bank Indonesia - 10.696.358 - - - - 10.696.358 Bank Indonesia
Giro pada bank lain - 2.571.949 - - - - 2.571.949 Current accounts with other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain - 2.998.966 - - - - 2.998.966 Indonesia and other banks
Efek-efek yang diperdagangkan - 573.642 81.193 11.581 914.743 360.470 1.941.629 Trading securities
Investasi keuangan 195.182 6.025.405 2.323.200 5.756.090 6.393.498 19.458.805 40.152.180 Financial investments
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali - neto - 838.423 - - - - 838.423 resale agreement - net
Tagihan derivatif - 208.807 98.660 20.517 6.573 1.046.874 1.381.431 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah - 7.147.247 7.790.903 8.783.233 24.716.070 71.951.128 120.388.581 receivables/financing
Piutang pembiayaan konsumen - 37.103 61.963 176.674 873.156 6.043.538 7.192.434 Consumer financing receivables
Tagihan akseptasi - 292.688 632.855 640.329 8.369 - 1.574.241 Acceptances receivable
Beban dibayar dimuka dan Prepayments and
aset lain-lain 975.795 3.912.745 - - - - 4.888.540 other assets
Jumlah aset 3.032.847 35.303.333 10.988.774 15.388.424 32.912.409 98.860.815 196.486.602 Total assets
Liabilitas Liabilities
Liabilitas segera - 1.070.575 - - - - 1.070.575 Obligations due immediately
Giro - 39.599.829 - - - - 39.599.829 Demand deposits
Tabungan - 23.302.338 - - - - 23.302.338 Savings deposits
Deposito berjangka - 27.653.759 18.491.365 6.351.325 3.579.589 25.686 56.101.724 Time deposits
Simpanan dari bank lain - 5.650.596 105.266 12.500 251.895 - 6.020.257 Deposits from other banks
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali - neto - 14.803.086 - - - - 14.803.086 repurchased agreement - net
Liabilitas derivatif - 60.648 288.818 515.104 212.364 279.487 1.356.421 Derivatives payable
Liabilitas akseptasi - 281.955 589.845 536.060 8.369 - 1.416.229 Acceptances payable
Surat berharga yang diterbitkan - - 799.865 434.870 1.277.117 1.201.898 3.713.750 Securities issued
Pinjaman diterima - 2.394.203 2.772.786 1.239.315 2.703.485 5.317.020 14.426.809 Borrowings
Beban yang masih harus dibayar Accrued expenses and
dan liabilitas lain-lain 140.738 1.490.097 40 1.243 28.237 2.084.266 3.744.621 other liabilities
Pinjaman subordinasi - - - - - 99.484 99.484 Subordinated loan
Jumlah liabilitas 140.738 116.307.086 23.047.985 9.090.417 8.061.056 9.007.841 165.655.123 Total liabilities
Aset/(liabilitas) neto 2.892.109 (81.003.753) (12.059.211) 6.298.007 24.851.353 89.852.974 30.831.479 Net assets/(liabilities)
972 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
278
Page 975
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
53. INFORMASI LAINNYA (lanjutan) 53. OTHER INFORMATION (continued)
a. Langkah yang diambil oleh Bank dan entitas a. In relation to the mismatch of the Bank and
anak sehubungan dengan ketidaksesuaian aset subsidiaries’ monetary assets and liabilities
dan liabilitas moneter yang jatuh tempo sampai that mature up to one month and between one
dengan satu bulan dan antara satu sampai and three months, the Bank has plans to
dengan tiga bulan, adalah meningkatkan improve its services to customers, to offer
pelayanan kepada nasabah serta menawarkan interesting products and interests to customers
produk dan bunga yang menarik kepada to maintain stability and continuity in deposit
nasabah untuk menjaga stabilitas dan amounts. In addition, the Bank and subsidiaries
kontinuitas jumlah simpanan. Di samping itu, has intensified its efforts in the collection of
Bank dan entitas anak juga mengintensifkan non-performing debtors and is in the process
usaha penagihan kepada debitur bermasalah of negotiation to obtain certain borrowing
dan memperoleh fasilitas pinjaman dari facilities from both local and offshore banks.
berbagai bank baik dari dalam maupun luar
negeri.
b. Efektif tanggal 31 Oktober 2023, Bank telah b. Effective October 31, 2023, the Bank entered into
mengadakan perjanjian sewa gedung kantor an irrevocable office space lease agreement
yang tidak dapat dibatalkan untuk periode for a period of 10 (ten) years up to October 30,
selama 10 (sepuluh) tahun hingga 30 Oktober 2033, covering a total office space of
2033, dengan luas ruangan sebesar 29.104,50m2 approximately 29,104.50 square meters (with
(dengan sewa atas 976,3 m2 diantaranya efektif rent for 976.3 square meters effective August 1,
per tanggal 1 Agustus 2024 dan 1.820m2 efektif 2024 and 1,820 square meters effective
per tanggal 1 Januari 2025) di Sentral Senayan III. January 1, 2025) in Sentral Senayan III. The total
Total komitmen sewa sudah termasuk Pajak lease commitment including Value Added Tax
Pertambahan Nilai selama periode sewa adalah for the duration of the lease is Rp716,521,000,000
sebesar Rp716.521.000.000 (nilai penuh). (full amount). The payment terms of the lease
Pembayaran atas sewa dilakukan secara is in advance on a quarterly basis.
triwulanan di muka.
c. Berdasarkan POJK No 30 tahun 2024 mengenai c. Based on POJK No. 30 of 2024 concerning
Konglomerasi Keuangan dan Perusahaan Induk Financial Conglomerates and Financial
Konglomerasi Keuangan. Pada tanggal Conglomerate Holding Companies, on
16 September 2025, Bank menerima Salinan September 16, 2025, the Bank received a copy
Keputusan Anggota Dewan Komisioner OJK of the Decree of the Members of the Board of
No. KEP-15/KS.1/2025 terkait persetujuan kepada Commissioners of OJK No. KEP-15/KS.1/2025
Bank sebagai Perusahaan Induk Konglomerasi regarding the approval of the Bank as the
Keuangan atas Konglomerasi Keuangan Financial Conglomerate Holding Company of
Maybank. the Maybank Financial Conglomerate.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 973
279
Page 976
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
54. INFORMASI KEUANGAN UNIT USAHA SYARIAH 54. FINANCIAL INFORMATION ON SHARIA UNIT
31 Desember/December 31
2025 2024
ASET ASSETS
Kas 7.087 9.527 Cash
Penempatan pada Bank Indonesia 1.081.753 2.483.167 Placements with Bank Indonesia
Penempatan pada bank lain 613.050 21.985 Placements with other banks
Surat berharga yang dimiliki 12.506.092 9.508.965 Marketable securities
Pembiayaan berbasis piutang 815.651 962.153 Receivables financing
Pembiayaan bagi hasil 27.784.934 29.155.473 Profit sharing financing
Pembiayaan sewa 1.914.011 1.631.538 Lease financing
Aset produktif lainnya 547.342 469.576 Other earning assets
Dikurangi : Cadangan kerugian penurunan nilai Less : Allowance for impairment losses on
aset produktif earning assets
Individual (810.067) (968.639) Individual
Kolektif (548.978) (524.302) Collective
Aset tetap dan inventaris 9.559 9.177 Fixed assets and inventories
Aset non-produktif 74.023 80.786 Non-earning assets
Aset lainnya 133.805 124.616 Other assets
JUMLAH ASET 44.128.262 42.964.022 TOTAL ASSETS
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Dana simpanan wadiah 1.925.925 1.350.363 Wadiah demand deposits
Dana investasi non-profit sharing 31.025.001 35.433.327 Non-profit sharing investment deposits
Liabilitas kepada bank lain 48.140 71.562 Liabilities to other banks
Pinjaman diterima 201.502 - Borrowings
Liabilitas lainnya 89.506 112.122 Other liabilities
Dana investasi profit sharing 234.206 - Profit sharing investment deposits
Dana usaha 4.744.231 1.111.142 Business funds
EKUITAS EQUITY
Saldo laba 5.859.751 4.885.506 Retained earnings
JUMLAH LIABILITAS DAN EKUITAS 44.128.262 42.964.022 TOTAL LIABILITIES AND EQUITY
31 Desember/December 31
2025 2024
KOMITMEN DAN KONTINJENSI COMMITMENTS AND CONTINGENCIES
KEWAJIBAN KOMITMEN COMMITMENT LIABILITIES
Fasilitas pembiayaan kepada Unused loan commitments
nasabah yang belum ditarik 8.376.763 10.383.989 granted to customers
Lainnya 1.216 2.260 Others
KEWAJIBAN KONTINJENSI CONTINGENT LIABILITIES
Garansi yang diberikan 85.402 65.074 Guarantees issued
974 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
54. INFORMASI KEUANGAN UNIT USAHA SYARIAH 54. FINANCIAL INFORMATION ON SHARIA UNIT
(lanjutan) (continued)
Tahun yang Berakhir
pada Tanggal 31 Desember/
Year ended December 31
2025 2024
PENDAPATAN DAN BEBAN OPERATING INCOME AND
OPERASIONAL DARI PENYALURAN DANA EXPENSES FROM FUND DISTRIBUTION
PENDAPATAN PENYALURAN DANA INCOME FROM FUND DISTRIBUTION
Pendapatan dari Piutang 55.908 57.165 Income from Receivables
Pendapatan dari Bagi Hasil 1.701.453 1.862.100 Income from Profit Sharing
Pendapatan Sewa 138.526 73.863 Lease Income
Lainnya 771.032 643.639 Others
JUMLAH PENDAPATAN TOTAL INCOME FROM
PENYALURAN DANA 2.666.919 2.636.767 FUND DISTRIBUTION
BAGI HASIL UNTUK PROFIT SHARING FOR
PEMILIK DANA INVESTASI INVESTORS
Non-Profit Sharing (1.161.775) (1.347.406) Non-Profit Sharing
Profit Sharing (3.272) - Profit Sharing
JUMLAH BAGI HASIL (1.165.047) (1.347.406) TOTAL PROFIT SHARING
PENDAPATAN SETELAH INCOME AFTER PROFIT
DISTRIBUSI BAGI HASIL 1.501.872 1.289.361 SHARING DISTRIBUTION
PENDAPATAN DAN BEBAN OPERASIONAL OPERATING INCOME AND EXPENSES
SELAIN PENYALURAN DANA OTHER THAN FUND DISTRIBUTION
Commission/provision/fee and
Komisi/provisi/fee dan administrasi 173.701 147.828 administration
Pendapatan lainnya 107.226 129.538 Other income
Keuntungan penjabaran transaksi valuta asing 12.048 9.535 Income from translation of foreign currencies
Pendapatan bank selaku mudharib dalam Bank income as
mudharabah muqayyadah 6 - Mudharib in mudharabah muqayyadah
Beban kerugian penurunan nilai aset Expenses of provisions for impairment
keuangan (impairment) (33.265) (316.923) losses of financial assets (impairment)
Beban tenaga kerja (116.724) (93.659) Personnel expenses
Beban bonus wadiah (1.282) (1.091) Wadiah bonus expenses
Pemulihan kerugian penurunan nilai aset Reversal of provision for impairment
lainnya (non keuangan) (542) (3.657) losses of other assets (non financial)
Beban lainnya (794.627) (752.146) Other expenses
BEBAN OPERASIONAL
LAINNYA - NETO (653.459) (880.575) OTHER OPERATING EXPENSES - NET
LABA OPERASIONAL 848.413 408.786 OPERATING INCOME
PENDAPATAN DAN BEBAN NON-OPERASIONAL NON-OPERATING INCOME AND EXPENSES
Keuntungan penjualan aset tetap dan inventaris 36 13 Income from sale of fixed asset
(Beban)/pendapatan non-operasional lainnya (1.789) 6.201 Other non-operating (expense)/income
(BEBAN)/PENDAPATAN NON-OPERASIONAL (1.753) 6.214 NON-OPERATING LOSSES (LOSSES)/INCOME
LABA TAHUN BERJALAN 846.660 415.000 INCOME FOR THE YEAR
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 975
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08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
55. PERNYATAAN STANDAR AKUNTANSI KEUANGAN 55. NEW AND REVISED STATEMENTS OF FINANCIAL
BARU DAN YANG DISESUAIKAN ACCOUNTING STANDARDS
Mulai efektif berlaku pada atau setelah tanggal Effective beginning on or after January 1, 2026
1 Januari 2026
PSAK No.109: "Instrumen Keuangan" dan PSAK SFAS 109 No: "Financial Instruments" and SFAS 107
No.107: "Instrumen Keuangan Pengungkapan No: "Financial Instruments: Disclosures about the
tentang Klasifikasi dan Pengukuran Instrumen Classification and Measurement of Financial
Keuangan" Instruments."”
Amendemen ini menambahkan dan mengklarifikasi These amendments adding and clarify statement
ketentuan dalam PSAK 109 terkait penghentian in SFAS 109 regarding derecognition of financial
pengakuan liabilitas keuangan, serta liabilities, as well as clarify the assessment of cash
mengklarifikasi penilaian karakteristik arus kas untuk flow characteristics for financial assets with ESG-
aset keuangan dengan fitur ESG-linked, aset linked features, financial assets with non-recourse
keuangan dengan fitur non-recourse, dan features, and contractually bound instruments
instrumen yang terikat secara kontraktual seperti such as tranches. The amendments also revise the
tranche. Amendemen ini juga mengubah ketentuan statement in SFAS 107 regarding the disclosure
dalam PSAK 107 terkait persyaratan pengungkapan requirements for investments in equity instruments
investasi pada instrumen ekuitas yang diukur pada measured at fair value through other
nilai wajar melalui penghasilan komprehensif lain comprehensive income and adding statement
dan menambah ketentuan terkait instrumen related to financial instruments with contractual
keuangan dengan persyaratan kontraktual yang terms that alter the timing or amount of
mengubah waktu atau jumlah arus kas kontraktual. contractual cash flows.
Mulai efektif berlaku pada atau setelah tanggal Effective beginning on or after January 1, 2027
1 Januari 2027
PSAK 118: “Penyajian dan Pengungkapan dalam PSAK 118: “Presentation and Disclosure in
Laporan Keuangan” Financial Statements”
PSAK 118 menggantikan PSAK 201, mempertahankan SFAS 118 supersedes SFAS 201, retaining many
banyak prinsip yang ada tetapi secara signifikan existing principles but significantly changing how
mengubah cara entitas melaporkan “laba atau rugi entities report “operating profit or loss”. It
operasional”. PSAK ini menetapkan struktur yang establishes a defined structure for the statement
jelas untuk laporan laba rugi dengan of profit or loss, categorising items into operating,
mengelompokkan pos-pos ke dalam kategori investing, financing, income taxes and
operasi, investasi, pembiayaan, pajak penghasilan discontinued operations. The standard mandates
dan operasi yang dihentikan. Standar ini specific disclosures, including management-
mewajibkan pengungkapan tertentu, termasuk defined performance measures (MPMs), allowing
ukuran kinerja tetapan manajemen (UKTM) , yang investors to understand management’s view of the
memungkinkan investor memahami bagaimana Group’s financial performance and how these
pandangan manajemen atas kinerja keuangan measures compare to those defined in SFAS 118.
Grup dan bagaimana ukuran tersebut
dibandingkan dengan ukuran yang didefinisikan
dalam PSAK 118.
976 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
55. PERNYATAAN STANDAR AKUNTANSI KEUANGAN 55. NEW AND REVISED STATEMENTS OF FINANCIAL
BARU DAN YANG DISESUAIKAN (lanjutan) ACCOUNTING STANDARDS (continued)
Mulai efektif berlaku pada atau setelah tanggal Effective beginning on or after January 1, 2027
1 Januari 2027 (lanjutan) (continued)
PSAK 118: “Penyajian dan Pengungkapan dalam PSAK 118: “Presentation and Disclosure in Financial
Laporan Keuangan”(lanjutan) Statements” (continued)
Meskipun PSAK 118 tidak mempengaruhi pengakuan Even though SFAS 118 will not impact the recognition
atau pengukuran pos-pos dalam laporan or measurement of items in the financial
keuangan, dampaknya terhadap penyajian dan statements, its impacts on presentation and
pengungkapan diperkirakan akan sangat luas, disclosure are expected to be pervasive, in
terutama yang berkaitan dengan laporan kinerja particular those related to the statement of financial
keuangan dan penyediaan UKTM dalam laporan performance and providing MPMs within the
keuangan. financial statements.
PSAK No. 413: “Penurunan nilai” SFAS No. 413: “Impairment”
Pada 24 Juli 2024, DSAS IAI telah mengesahkan PSAK On July 24, 2024, DSAS IAI has ratified SFAS No. 413
No. 413 tentang Penurunan Nilai. PSAK ini mengatur related to Impairment. This SFAS regulates the
tentang penurunan nilai atas instrumen keuangan impairment of financial instruments, namely sharia-
yaitu aset keuangan berbasis syariah dan kafalah based financial assets and kafalah for credit risk
untuk penjaminan risiko kredit. guarantees.
PSAK No. 413 diterapkan pada aset keuangan SFAS No. 413 is applied to sharia financial assets in
syariah berupa hak tagih yang jumlah kas dan the form of collection rights whose cash amount
waktu pembayarannya sudah ditentukan dalam and payment time have been determined in the
akad. Perhitungan penurunan nilai dalam PSAK contract. The calculation of impairment in SFAS
No. 413 menggunakan konsep ekspektasi kerugian No. 413 uses the concept of expected loss whose
(expected loss) yang perhitungannya calculation reflects the unbiased and probability-
mencerminkan jumlah tidak bias dan probabilitas weighted amount and reasonable and supportable
tertimbang (unbiased and probability-weighted information. This calculation does not reflect the
amount) dan informasi wajar dan tersokong time value of money. The credit risk guarantee
(reasonable and supportable information). kafalah is determined by the higher amount
Perhitungan tersebut tidak mencerminkan nilai between the provision amount calculated based on
waktu atas uang (time value of money). Kafalah SFAS No. 413 and the amount of liabilities that have
penjaminan risiko kredit ditentukan jumlah yang been formed.
lebih tinggi antara jumlah provisi yang dihitung
berdasarkan PSAK No. 413 dengan jumlah liabilitas
yang telah dibentuk.
Pada tanggal 31 Desember 2025, Grup sedang On December 31, 2025, the Group is still evaluating
mengevaluasi dampak yang mungkin timbul dari the potential impact of the implementation of
penerapan amandemen standar-standar di atas, above standards amendment issued, but not yet
yang telah diterbitkan namun, belum berlaku, pada effective, on the Group’s consolidated financial
laporan keuangan konsolidasian Grup terutama statements in particular foreign exchange
perbedaan nilai tukar yang saat ini digabungkan differences currently in operating profit might need
dalam laba operasi mungkin perlu dipisahkan, to be disaggregated, specific requirements on the
persyaratan khusus mengenai kategori di mana category in which derivative gains or losses are
keuntungan atau kerugian derivatif diakui, recognised, significant new disclosures required
pengungkapan baru yang signifikan yang and following potential impacts of the
diwajibkan dan dampak potensial lainnya atas implementation of these standards on the Group
penerapan standar baru ini terhadap laporan consolidated financial statements.
keuangan konsolidasian Grup.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 977
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08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards:
Standar Akuntansi Indonesia:
a. Giro pada Bank Indonesia a. Current accounts with Bank Indonesia
Pada tanggal 24 Maret 2023, PADG No.2 Tahun On March 24, 2023, PADG No.2 Year 2023 on The
2023 tentang Perubahan atas PADG No Amendment of PADG No.24/8/PADG/2022
24/8/PADG/2022 tentang Peraturan regarding Implementation Regulation of
Pelaksanaan Pemenuhan GWM dalam Rupiah Minimum Reserve Requirement Fulfillment in
dan Valuta Asing Bagi BUK, BUS dan UUS Rupiah and Foreign Currencies for BUK, BUS and
ditetapkan. Pada PADG tersebut, terdapat UUS. In the PADG, there is amendment in the
perubahan besaran insentif makroprudensial macroprudential incentive from previously 2%
dari sebelumnya paling banyak 2% menjadi at the maximum to become 2.8%. This
2,8%. Peraturan ini telah berlaku efektif sejak regulation has been effective since April 1, 2023.
1 April 2023.
Pada tanggal 29 November 2023, Bank On November 29, 2023, PADG No. 18 Year 2023
Indonesia mengeluarkan PADG No. 18 Tahun on the Fifth Amendment of PADG No.
2023 tentang Perubahan Kelima atas PADG 21/22/PADG/2019 on RIM and PLM for
No.21/22/PADG/2019 tentang RIM dan PLM bagi Commercial Banks (BUK), Sharia Commercial
BUK, BUS dan UUS. Perubahan ini tidak Banks (BUS), and Sharia Business Units (UUS).
berdampak pada pemenuhan target RIM, PLM This amendment does not affect the fulfillment
dan GWM. Peraturan ini telah berlaku sejak of the RIM, PLM, and GWM targets. This
1 Desember 2023. regulation has been effective since
December 1, 2023.
Pada tanggal 23 Desember 2025, Bank On December 23, 2025, PADG No. 31 Year 2025
Indonesia mengeluarkan PADG No. 31 Tahun on The Fourth Amendment of PADG
2025 tentang Perubahan Keempat atas PADG No.24/8/PADG/2022 regarding Implementation
No.24/8/PADG/2022 tentang Peraturan Regulation of Minimum Reserve Requirement
Pelaksanaan Pemenuhan GWM dalam Rupiah Fulfillment in Rupiah and Foreign Currencies for
dan Valuta Asing bagi BUK, BUS dan UUS. Pada BUK, BUS and UUS. In the PADG, there is
PADG tersebut, terdapat perubahan perubahan amendment in the macroprudential incentive
besaran insentif makroprudensial dari from previously 4% at the maximum to become
sebelumnya paling banyak 4% menjadi 5,5%. 5.5%. This regulation has been effective since
Peraturan ini telah berlaku efektif sejak December 23, 2025.
23 Desember 2025.
978 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
284
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
a. Giro pada Bank Indonesia a. Current accounts with Bank Indonesia
Giro Wajib Minimum (GWM) Bank pada tanggal The minimum statutory reserves of the Bank as
31 Desember 2025 untuk mata uang Rupiah of December 31, 2025 for Rupiah consist of daily
terdiri dari GWM utama harian, rata-rata dan Primary Minimum Statutory Reserves and
Penyangga Likuiditas Makroprudensial (PLM) averages, and Macroprudential Liquidity Buffer
masing-masing sebesar 5,07%, 5,30% dan of 5.07%, 5.30% and 23.07% (December 31, 2024:
23,07% (31 Desember 2024: 8,33%, 7,65% dan 8.33%, 7.65% and 20.40%), respectively, and
20,40%) dan GWM untuk Valuta Asing sebesar Foreign Currencies Minimum Statutory
4,37% (31 Desember 2024: 4,38%). Reserves of 4.37% (December 31, 2024: 4.38%).
Pada tanggal 31 Desember 2025 dan 2024, On December 31, 2025 and 2024, the Bank’s
Rasio Intermediasi Makroprudensial (RIM) Macroprudential Intermediation Ratio (RIM)
berada dalam kisaran RIM target. Pada was within the RIM target range. On
tanggal 31 Desember 2025 dan 2024, December 31, 2025 and 2024, Capital
Kewajiban Penyediaan Modal Minimum Adequacy Ratio (CAR) of the Bank was greater
(KPMM) Bank lebih besar dari KPMM insentif. than CAR incentives.
Bank telah memenuhi ketentuan BI yang The Bank has fulfilled BI’s regulation regarding
berlaku tentang Giro Wajib Minimum Bank Statutory Reserve Requirement on Commercial
Umum. Bank.
b. Kredit yang diberikan dan Piutang/ b. Loans and Sharia Receivables/Financing
Pembiayaan Syariah
i. Rasio kredit kepada Usaha Mikro dan Kecil i. Ratio of micro and small business loans
Per 31 Desember 2025 dan 2024, rasio kredit As of December 31, 2025 and 2024, the ratio
kepada Usaha Mikro dan Kecil terhadap of micro and small business loans to the
kredit yang diberikan sesuai dengan Surat total loans in accordance with Bank
Edaran Bank Indonesia No. 13/30/DPNP Indonesia Circular Letter No. 13/30/DPNP
tanggal 16 Desember 2011 masing-masing dated December 16, 2011 are 0.62% and
sebesar 0,62% dan 0,67%. 0.67%, respectively.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 979
285
Page 982
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
b. Kredit yang diberikan dan Piutang/ b. Loans and Sharia Receivables/Financing
Pembiayaan Syariah (lanjutan) (continued)
ii. Kredit restrukturisasi ii. Restructured loans
Sesuai dengan POJK No. 11/POJK.03/2020 In accordance to POJK No. 11/POJK.03/2020
tanggal 16 Maret 2020 dan siaran pers IAI dated March 16, 2020 and IAI press release
atas dampak pandemi Covid-19, Bank on the Covid-19 pandemic impact, the Bank
telah melakukan restrukturisasi kredit has restructured debtors which are
terhadap debitur yang terkena dampak affected by Covid-19, and reported the
Covid-19, dan melaporkan saldo balance as current collectibility. Credit
restrukturisasi kredit tersebut pada restructuring is performed by lowering the
kolektibilitas lancar. Restrukturisasi kredit interest rate and/or interest or principal
dilakukan dengan penurunan suku bunga postponement in selected cases.
dan/atau penundaan pembayaran bunga
dan pokok di kasus-kasus tertentu.
Pada tahun 2022, peraturan-peraturan In 2022, new related regulations issued by
baru terkait yang dikeluarkan oleh regulator are POJK No.19 Year 2022 dated
regulator adalah POJK No.19 Tahun 2022 October 27, 2022 regarding “Specific
tanggal 27 Oktober 2022 tentang Treatment for Financial Service Institutions
“Perlakuan Khusus untuk Lembaga Jasa in Certain Areas and Sectors Impacted by
Keuangan pada Daerah dan Sektor Disaster”, and Financial Services Authority’s
Tertentu di Indonesia yang Terkena Board of Commisioners Decree No.
Dampak Bencana”, serta Keputusan Dewan 34/KDK.03/2022 dated November 25, 2022
Komisioner Otoritas Jasa Keuangan regarding “Determination of Accomodation
No.34/KDK.03/2022 tanggal 25 November and Food Beverage Sector, Textile, Textile
2022 tentang “Penetapan Sektor Product and Footwear Sector, Small,
Penyediaan Akomodasi dan Penyediaan Medium and Micro Business Segment, and
Makan Minum, Sektor Tekstil dan Produk Bali Province as Sectors and Areas which
Tekstil serta Alas Kaki, Segmen Usaha Mikro, Require Specific Treatment related to
Kecil, dan Menengah, serta Provinsi Bali Bank’s Financing and Credit” (effective on
sebagai Sektor dan Daerah yang April 1, 2023 and valid until March 31, 2024).
Memerlukan Perlakuan Khusus terhadap
Kredit Atau Pembiayaan Bank” (efektif
pada 1 April 2023 dan berlaku hingga
31 Maret 2024).
980 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
286
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
b. Kredit yang diberikan dan Piutang/ b. Loans and Sharia Receivables/Financing
Pembiayaan Syariah (lanjutan) (continued)
iii. Kredit bermasalah berdasarkan sektor iv. iii. Non-performing loans based on economic
ekonomi sector
31 Desember/December 31, 2025 31 Desember/December 31, 2024
Kredit Kredit
bermasalah/ Minimum bermasalah/ Minimum
Non- penyisihan/ Non- penyisihan/
performing Minimum performing Minimum
loans allowance *) loans allowance *)
Rupiah Rupiah
Pertanian dan perhutanan 32.830 28.179 33.842 32.867 Agriculture and forestry
Pertambangan - - 3.995 2.318 Mining
Perindustrian 439.733 328.965 593.801 465.287 Manufacturing
Listrik, gas dan air 4.493 3.089 4.493 4.493 Electricity, gas and water
Konstruksi 126.492 40.326 152.750 116.467 Construction
Perdagangan, restoran dan hotel 974.145 519.524 1.065.194 806.772 Trading, restaurant and hotel
Transportation, warehouses
Angkutan, gudang dan komunikasi 74.864 25.274 62.139 51.713 and communication
Jasa-jasa dunia usaha 31.603 11.767 56.924 25.454 Business services
Jasa-jasa sosial/masyarakat 13.384 117 15.840 12.816 Social/public services
Lain-lain 863.191 465.208 830.210 473.761 Others
2.560.735 1.422.449 2.819.188 1.991.948
Mata uang asing Foreign currencies
Perindustrian - - 366.353 366.353 Manufacturing
Perdagangan, restoran dan hotel 2 2 2 2 Trading, restaurant and hotel
2 2 366.355 366.355
2.560.737 1.422.451 3.185.543 2.358.303
*) Kredit bermasalah merupakan kredit yang *) Non-performing loans are loans classified in
diklasifikasikan dalam kolektibilitas kurang lancar, collectibility substandard, doubtful and loss in
diragukan dan macet sesuai peraturan Otoritas Jasa accordance with Financial Services Authority
Keuangan No. 40/POJK.03/2019. Minimum penyisihan regulation No. 40/POJK.03/2019. Minimum allowance
dihitung berdasarkan peraturan OJK yang disebutkan is calculated based on the aforementioned OJK
sebelumnya. regulation.
Rasio kredit bermasalah (“NPL”) The consolidated non-performing loans
konsolidasian per tanggal 31 Desember (“NPL”) ratio as of December 31, 2025 and
2025 dan 2024, sesuai dengan Surat Edaran 2024, in accordance with Bank Indonesia
Bank Indonesia No.13/30/DPNP tanggal 16 Circular Letter No.13/30/DPNP dated
Desember 2011, dihitung secara bruto December 16, 2011, calculated at gross was
masing-masing adalah 2,17% dan 2,68%, 2.17% and 2.68%, respectively, and
dan dihitung secara neto masing-masing calculated at net were 1.31% and 1.42%,
adalah 1,31% dan 1,42%. respectively.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 981
287
Page 984
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
b. Kredit yang diberikan dan Piutang/ b. Loans and Sharia Receivables/Financing
Pembiayaan Syariah (lanjutan) (continued)
iv. Cadangan kerugian penurunan nilai v. iv. Allowance for impairment losses
Jumlah penyisihan penghapusan aset yang Allowance for uncollectible assets required
wajib dibentuk atas kredit yang diberikan for loans which is in accordance with
sesuai dengan ketentuan Otoritas Jasa Financial Services Authority regulation for
Keuangan untuk perhitungan Kewajiban Capital Adequacy Ratio (“CAR”)
Penyediaan Modal Minimum (“KPMM”) computation amounted to Rp2,728,159 and
adalah masing-masing sebesar Rp3,716,176 and as of December 31, 2025 and
Rp2.728.159 dan Rp3.716.176 pada 2024, respectively.
31 Desember 2025 dan 2024.
Pengungkapan lebih lanjut tentang Further disclosures on allowance for
cadangan kerugian penurunan nilai untuk impairment losses of Loans and Sharia
Kredit yang diberikan dan Piutang/ Receivables/Financing are presented in
Pembiayaan Syariah diungkapkan pada Note 12.
Catatan 12.
v. Informasi Pokok Lainnya sehubungan v. Other Significant Information relating to
dengan Kredit yang Diberikan dan Piutang/ Loans and Sharia Receivables/Financing
Pembiayaan Syariah
Per 31 Desember 2025 dan 2024 tidak As of December 31, 2025 and 2024, there
terdapat pelampauan dan pelanggaran were no excess and violation of the Legal
Batas Maksimum Pemberian Kredit seperti Lending Limit, as stipulated in POJK
yang ditentukan dalam POJK No.38/POJK.3/2019.
No.38/POJK.3/2019.
c. Piutang Pembiayaan Konsumen c. Consumer Financing Receivables
Piutang pembiayaan konsumen restrukturisasi Restructured consumer financing receivables
Perusahaan telah melakukan restrukturisasi The Company has restructured its financing for
pembiayaan untuk debitur yang terkena debtors affected by the Covid-19 pandemic by
dampak pandemi Covid-19 yaitu penundaan tenure extension, grace period, and change of
pokok, perpanjangan tenor dan perubahan due date in accordance with POJK No.
jatuh tempo sesuai dengan POJK No. 14/POJK.05/2020 "Countercyclical Policy Impact
14/POJK.05/2020 ”Kebijakan Countercyclical of the Spread of Coronavirus Disease 2019 for
Dampak Penyebaran Coronavirus Disease 2019 Non-Bank Financial Services Institutions" dated
bagi Lembaga Jasa Keuangan Non-Bank” April 17, 2020. As of December 31, 2025 and 2024,
tanggal 17 April 2020. Per tanggal 31 Desember the balance of restructured Covid-19 consumer
2025 dan 2024, saldo piutang pembiayaan financing receivables - gross amounted to
konsumen - bruto restrukturisasi Covid-19 Rp1,306 and Rp15,860, respectively. Based on
masing-masing sebesar Rp1.306 dan Rp15.860. the aforementioned regulation, the
Sesuai dengan kebijakan tersebut, kualitas restructured financing asset quality is current.
aset pembiayaan direstrukturisasi ditetapkan
lancar.
982 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
288
Page 985
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
d. Manajemen Modal d. Capital Management
Pada tanggal 31 Desember 2025 dan 2024, As of December 31, 2025 and 2024, the Bank has
Bank mematuhi semua persyaratan modal complied with all externally imposed capital
yang ditetapkan oleh pihak eksternal requirements throughout the reporting period,
sepanjang periode pelaporan, khususnya particularly regarding Capital Adequacy Ratio
berkenaan dengan perhitungan Kewajiban ("CAR") and calculation of Risk Weighted Assets
Penyediaan Modal Minimum ("KPMM") dan ("RWA").
Aktiva Tertimbang Menurut Risiko ("ATMR").
Kewajiban penyediaan modal Bank dengan The Bank’s capital adequacy ratio with
memperhitungkan risiko kredit, risiko consideration of credit, operational and market
operasional dan risiko pasar: risks:
31 Desember/December 31
2025 2024
Konsolidasi Consolidated
Modal Capital
Tier I 30.882.115 28.878.652 Tier I
Tier II 1.383.111 1.377.482 Tier II
Jumlah Modal 32.265.226 30.256.134 Total Capital
Aktiva Tertimbang Menurut Risiko Risk Weighted Assets for
untuk Risiko Kredit 102.621.948 102.153.511 Credit Risk
Aktiva Tertimbang Menurut Risiko Risk Weighted Assets for
untuk Risiko Operasional 11.400.120 10.625.953 Operational Risk
Aktiva Tertimbang Menurut Risiko Risk Weighted Assets for
untuk Risiko Pasar 4.117.434 5.618.197 Market Risk
Rasio CET 1 26,14% 24,39% CET 1 Ratio
Rasio Tier 1 26,14% 24,39% Tier 1 Ratio
Rasio Tier 2 1,17% 1,16% Tier 2 Ratio
Total rasio 27,31% 25,55% Ratio Total
Rasio Kewajiban Penyediaan Minimum Capital Adequacy
Modal Minimum sesuai profil risiko 9,99% 9,99% Ratio based on risk profile
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 983
289
Page 986
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
d. Manajemen Modal (lanjutan) d. Capital Management (continued)
Kewajiban penyediaan modal Bank dengan The Bank’s capital adequacy ratio with
memperhitungkan risiko kredit, risiko consideration of credit, operational and market
operasional dan risiko pasar (lanjutan): risks (continued):
31 Desember/December 31
2025 2024
Bank Bank
Modal Capital
Tier I 25.325.724 23.664.322 Tier I
Tier II 1.220.476 1.224.983 Tier II
Jumlah Modal 26.546.200 24.889.305 Total Capital
Aktiva Tertimbang Menurut Risiko Risk Weighted Assets for
untuk Risiko Kredit 89.582.476 89.924.657 Credit Risk
Aktiva Tertimbang Menurut Risiko Risk Weighted Assets for
untuk Risiko Operasional 10.519.252 9.645.242 Operational Risk
Aktiva Tertimbang Menurut Risiko Risk Weighted Assets for
untuk Risiko Pasar 4.114.966 5.637.551 Market Risk
Rasio CET 1 24,30% 22,49% CET 1 Ratio
Rasio Tier 1 24,30% 22,49% Tier 1 Ratio
Rasio Tier 2 1,17% 1,16% Tier 2 Ratio
Total rasio 25,47% 23,65% Ratio Total
Rasio Kewajiban Penyediaan Minimum Capital Adequacy
Modal Minimum sesuai profil risiko 9,99% 9,99% Ratio based on risk profile
984 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
290
Page 987
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
e. Kolektabilitas e. Collectability
Berikut detail kolektabilitas berdasarkan Details of financial assets collectability based
klasifikasi OJK: on OJK classification are as follows:
31 Desember/December 31 , 2025
Dalam
perhatian
khusus/ Kurang
50010000_02 Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
Kas 1.717.615 - - - - 1.717.615 Cash
Current accounts with
Giro pada Bank Indonesia 7.099.181 - - - - 7.099.181 Bank Indonesia
Giro pada bank lain 3.398.766 - - - - 3.398.766 Current accounts with other banks
Cadangan kerugian penurunan nilai (890) - - - - (890) Allowance for impairment losses
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 2.788.331 - - - - 2.788.331 Indonesia and other banks
Cadangan kerugian penurunan nilai (6.039) - - - - (6.039) Allowance for impairment losses
Efek-efek yang diperdagangkan 4.553.200 - - - - 4.553.200 Trading securities
Investasi keuangan 39.156.157 - - - - 39.156.157 Financial investments
Cadangan kerugian penurunan nilai (4.509) - - - - (4.509) Allowance for impairment losses
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 204.793 - - - - 204.793 resale agreement
Cadangan kerugian penurunan nilai (2) - - - - (2) Allowance for impairment losses
Tagihan derivatif 1.711.294 - - - - 1.711.294 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah 110.384.925 3.384.643 149.566 271.429 2.139.742 116.330.305 receivables/financing
Cadangan kerugian penurunan nilai (1.224.129) (952.094) (56.107) (108.502) (841.153) (3.181.985) Allowance for impairment losses
Piutang pembiayaan konsumen 6.882.158 371.913 14.706 25.302 12.837 7.306.916 Consumer financing receivables
Cadangan kerugian penurunan nilai (56.285) (37.142) (9.698) (15.402) (8.316) (126.843) Allowance for impairment losses
Tagihan akseptasi 1.918.677 - - - - 1.918.677 Acceptances receivable
Cadangan kerugian penurunan nilai (3.367) - - - - (3.367) Allowance for impairment losses
Liabilitas komitmen 2.421.609 - - - - 2.421.609 Commitment liabilities
Tagihan kontinjensi 227.066 - - - - 227.066 Contingent receivables
Liabilitas kontinjensi 4.942.563 3.240 - - - 4.945.803 Contingent liabilities
Estimasi kerugian pada komitmen Estimated losses on commitment and
dan kontijensi (105.346) (7.548) - - - (112.894) contigencies
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 985
291
Page 988
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
e. Kolektabilitas (lanjutan) e. Collectability (continued)
Berikut detail kolektabilitas berdasarkan Details of financial assets collectability based
klasifikasi OJK: (lanjutan) on OJK classification are as follows:
(continued)
31 Desember/December 31 , 2024
Dalam
perhatian
khusus/ Kurang
50010000_02 Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
Kas 1.861.870 - - - - 1.861.870 Cash
Current accounts with
Giro pada Bank Indonesia 10.696.358 - - - - 10.696.358 Bank Indonesia
Giro pada bank lain 2.571.949 - - - - 2.571.949 Current accounts with other banks
Cadangan kerugian penurunan nilai (1.108) - - - - (1.108) Allowance for impairment losses
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 2.998.966 - - - - 2.998.966 Indonesia and other banks
Efek-efek yang diperdagangkan 1.941.629 - - - - 1.941.629 Trading securities
Investasi keuangan 40.152.180 - - - - 40.152.180 Financial investments
Cadangan kerugian penurunan nilai (1.015) - - - - (1.015) Allowance for impairment losses
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 838.423 - - - - 838.423 resale agreement
Cadangan kerugian penurunan nilai (147) - - - - (147) Allowance for impairment losses
Tagihan derivatif 1.381.431 - - - - 1.381.431 Derivatives receivable
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah 113.982.780 3.220.258 171.784 195.492 2.818.267 120.388.581 receivables/financing
Cadangan kerugian penurunan nilai (1.385.849) (1.030.292) (58.517) (68.116) (1.360.164) (3.902.938) Allowance for impairment losses
Piutang pembiayaan konsumen 6.683.547 446.446 16.945 29.340 16.156 7.192.434 Consumer financing receivables
Cadangan kerugian penurunan nilai (43.301) (36.797) (10.159) (16.601) (9.628) (116.486) Allowance for impairment losses
Tagihan akseptasi 1.574.241 - - - - 1.574.241 Acceptances receivable
Cadangan kerugian penurunan nilai (3.176) - - - - (3.176) Allowance for impairment losses
Liabilitas Komitmen 1.569.796 - - - - 1.569.796 Commitment Liabilities
Tagihan Kontinjensi 27.173 - - - - 27.173 Contingent Receivables
Liabilitas Kontinjensi 3.049.141 3.300 - - - 3.052.441 Contingent Liabilities
Estimasi kerugian pada komitmen Estimated losses on commitment and
dan kontijensi (132.209) (8.529) - - - (140.738) contigencies
986 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
292
Page 989
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
f. Posisi devisa neto f. Net open position
Pengelolaan posisi devisa neto Bank dilakukan The Bank’s foreign currency position is being
untuk selalu memenuhi ketentuan Bank managed to meet the Bank Indonesia
Indonesia yang mensyaratkan Bank untuk regulation that require the Bank to maintain
memelihara Posisi Devisa Neto ("PDN") aggregate net open position for all foreign
keseluruhan untuk seluruh valuta asing tidak currencies not exceeding 20.00% of the Bank’s
melebihi 20,00% dari modal Bank (Tier I dan II). capital (Tier I and II).
Berikut ini adalah posisi devisa neto Bank per Following is the Bank’s foreign currency net
tanggal 31 Desember 2025 dan 2024: open position as of December 31, 2025 and
2024:
31 Desember/December 31, 2025
Aset/Assets Liabilitas/Liabilities
Laporan Laporan
Posisi Keuangan Posisi Keuangan
dan Rekening dan Rekening
Administratif/ Administratif/
Statement Statement
of Financial Position of Financial Position
41020000_01 and Off-Balance and Off-Balance Nilai neto absolut/
Mata uang Sheet Sheet Net absolute value Currencies
Dolar Amerika Serikat 100.185.622 99.931.113 254.509 United States Dollar
Dolar Australia 593.725 522.180 71.545 Australian Dollar
Dolar Kanada 4.680 10.151 5.471 Canadian Dollar
Frank Swiss 8.141 13.362 5.221 Swiss Franc
Euro Eropa 1.394.537 1.350.376 44.161 European Euro
Poundsterling Inggris 86.268 75.727 10.541 Great Britain Poundsterling
Dolar Hong Kong 7.174 21.726 14.552 Hong Kong Dollar
Rupee India 518.107 551.200 33.093 Indian Rupee
Yen Jepang 7.920.141 8.567.551 647.410 Japanese Yen
Ringgit Malaysia 170.805 137.445 33.360 Malaysian Ringgit
Dolar Selandia Baru 8.128 - 8.128 New Zealand Dollar
Riyal Arab Saudi 1.679 - 1.679 Saudi Arabian Riyal
Dolar Singapura 1.908.238 1.805.693 102.545 Singapore Dollar
Yuan Tiongkok 442.111 436.136 5.975 Chinese Yuan
Baht Thailand 2.091 47 2.044 Thailand Baht
Jumlah 1.240.234 Total
Modal 26.546.200 Capital
Rasio Posisi Devisa Neto Net Open Position Ratio
(Laporan posisi keuangan dan (Statement of Financial Position
rekening administratif) 4,67% and off-balance sheet)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 987
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08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
f. Posisi devisa neto (lanjutan) f. Net open position (continued)
31 Desember/December 31, 2024
Aset/Assets Liabilitas/Liabilities
Laporan Laporan
Posisi Keuangan Posisi Keuangan
dan Rekening dan Rekening
Administratif/ Administratif/
Statement Statement
of Financial Position of Financial Position
41020000_01 and Off-Balance and Off-Balance Nilai neto absolut/
Mata uang Sheet Sheet Net absolute value Currencies
Dolar Amerika Serikat 81.923.024 82.793.944 870.920 United States Dollar
Dolar Australia 570.735 514.430 56.305 Australian Dollar
Dolar Kanada 4.107 10.906 6.799 Canadian Dollar
Frank Swiss 6.758 10.895 4.137 Swiss Franc
Euro Eropa 1.671.235 1.631.229 40.006 European Euro
Poundsterling Inggris 91.123 67.279 23.844 Great Britain Poundsterling
Dolar Hong Kong 7.906 12.101 4.195 Hong Kong Dollar
Rupee India 430.209 481.186 50.977 Indian Rupee
Yen Jepang 10.389.468 10.560.983 171.515 Japanese Yen
Ringgit Malaysia 36.202 20.668 15.534 Malaysian Ringgit
Dolar Selandia Baru 6.628 3 6.625 New Zealand Dollar
Riyal Arab Saudi 1.618 - 1.618 Saudi Arabian Riyal
Dolar Singapura 1.248.991 1.130.101 118.890 Singapore Dollar
Yuan Tiongkok 228.671 182.663 46.008 Chinese Yuan
Baht Thailand 2.551 17 2.534 Thailand Baht
Jumlah 1.419.907 Total
Modal 24.889.305 Capital
Rasio Posisi Devisa Neto Net Open Position Ratio
(Laporan posisi keuangan dan (Statement of financial position
rekening administratif) 5,70% and off-balance sheet)
g. Jasa Kustodian g. Custodian Service
Bank telah memberikan jasa kustodian dan The Bank provides a full range of custodian
telah memperoleh Izin Jasa Kustodian dari services and obtained a license from the
Badan Pengawas Pasar Modal dan Lembaga Capital Market and Financial Institutions
Keuangan (“BAPEPAM-LK”) berdasarkan Surat Supervisory Agency (“BAPEPAM-LK”) under its
Keputusan No.KEP-67/PM/1991 tanggal 21 Juli Decision Letter No.KEP-67/PM/1991 dated July
1991 dan juga telah memperoleh Sertifikat 21, 1991 and also obtained the Compliance
Kesesuaian Syariah Bank Kustodian dengan Certificate Sharia Custodian Bank from the
No.U-158/DSN-MUI/V/2009 tanggal 7 Mei 2009 National Sharia Board - Indonesian Council of
yang dikeluarkan Dewan Syariah Nasional - Ulama under No.U-158/DSN-MUI/V/2009 dated
MUI. May 7, 2009.
988 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
g. Jasa Kustodian (lanjutan) g. Custodian Service (continued)
Bank menyediakan jasa kustodian termasuk The custodian service of the Bank provides a
penyelesaian transaksi jual beli dengan atau full range of custodian services including
tanpa warkat (dalam dan luar negeri), settlement of script and scriptless trading
pendaftaran efek-efek dan pemecahan serta transactions (domestic and offshore
penggabungan efek-efek, penyimpanan surat transactions), registration of securities and
berharga/aset berharga lainnya, pelayanan splitting and merging of securities, safekeeping
aksi korporasi, jasa layanan penyelesaian dan of securities and other valuable assets,
pembayaran, jasa sub-registry, jasa layanan corporate action services, settlement services
pengadministrasian dana/reksa dana dan jasa and payment agent, sub-registry services,
agency (Facility, Escrow, Security, Monitoring, fund/mutual fund administration services and
Paying dan Receiving Agent). Agency services (Facility, Escrow, Security,
Monitoring, Paying and Receiving Agent).
Bank memiliki 50.369 dan 51.251 nasabah The Bank had 50,369 and 51,251 customers
(termasuk individu dan ORI serta sub-rekening (including individual and ORI, also sub-
nasabah) masing-masing per 31 Desember account customers) as of December 31, 2025
2025 dan 2024. Nasabah kustodian sebagian and 2024, respectively. The customers are
besar adalah individu, perusahaan swasta, primarily individual, private companies,
sekuritas, dana pensiun, bank, perusahaan securities companies, pension funds, banks,
asuransi dan reksadana. insurance companies and mutual funds.
Per tanggal 31 Desember 2025 dan 2024 bagian As of December 31, 2025 and 2024 the
kustodian Bank masing-masing memiliki 35 custodian services of the Bank had 35 and 36
dan 36 orang pegawai tetap. permanent employees, respectively.
Jumlah pendapatan fee dan komisi kustodian Total custodian fees and commissions earned
yang diperoleh untuk tahun yang berakhir for the year ended December 31, 2025 and 2024
pada tanggal 31 Desember 2025 dan 2024 were Rp36,917 and Rp39,454, respectively.
adalah masing-masing sebesar Rp36.917 dan
Rp39.454.
h. Manajemen Risiko h. Risk Management
Manajemen Risiko Terintegrasi Integrated Risk Management
Sesuai Peraturan Otoritas Jasa Keuangan In accordance with Financial Services Authority
(POJK) No.17/POJK.03/2014 tentang Penerapan (POJK) Regulation No.17/POJK.03/2014 on
Manajemen Risiko Terintegrasi Bagi Integrated Risk Management Implementation
Konglomerasi Keuangan, Bank telah ditunjuk for Financial Conglomeration, the Bank has
sebagai Entitas Utama dalam Konglomerasi been appointed as the Main Entity of Maybank
Keuangan Maybank Indonesia. Indonesia Financial Conglomeration.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 989
295
Page 992
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Manajemen Risiko Terintegrasi (lanjutan) Integrated Risk Management (continued)
Sebagai tindak lanjut atas penunjukkan As follow up to the appointment, the Bank has
tersebut, Bank telah membentuk Satuan established Integrated Risk Management
Kerja Manajemen Risiko Terintegrasi, Working Group, conducted Integrated Risk
melaksanakan Komite Manajemen Risiko Management Committee, established
Terintegrasi, menyusun Kebijakan Integrated Risk Management Policy and
Manajemen Risiko Terintegrasi, dan submitted Integrated Risk Profile Report and
melaporkan Laporan Profil Risiko Terintegrasi Integrated Minimum Capital Requirement to
serta Laporan Kewajiban Penyediaan Modal Financial Services Authority in periodic basis
Minimum Terintegrasi kepada Otoritas Jasa according to the relevant regulation.
Keuangan secara rutin sesuai ketentuan
yang berlaku.
Sesuai dengan Peraturan Otoritas Jasa Pursuant to Financial Services Authority
(POJK) Keuangan No.30 Tahun 2024 tentang Regulation (POJK) No. 30 of 2024 on Financial
Konglomerasi Keuangan dan Perusahaan Conglomerates and Financial Conglomerate
Induk Konglomerasi Keuangan (PIKK), Bank Holding Companies (PIKK), the Bank has been
telah ditunjuk sebagai PIKK dalam designated as the PIKK within the Maybank
Konglomerasi Keuangan Maybank Indonesia. Indonesia Financial Conglomerate.
Profil Risiko Risk Profile
Secara berkala, Bank membuat laporan profil Periodically, the Bank prepares a risk profile
risiko yang mencerminkan tingkat risiko yang report that reflects the Bank’s risk in
dimiliki Bank berdasarkan 8 (delapan) jenis accordance with Financial Services Authority’s
risiko yang ditetapkan Otoritas Jasa Keuangan, 8 (eight) types of risks, which are: credit risk,
yaitu: risiko kredit, risiko pasar, risiko likuiditas, market risk, liquidity risk, operational risk, legal
risiko operasional, risiko hukum, risiko risk, compliance risk, reputation risk and
kepatuhan, risiko reputasi, dan risiko stratejik. strategic risk.
Penilaian profil risiko Bank terkait dengan Unit The Bank’s risk profile assessment on Sharia
Usaha Syariah juga telah memperhitungkan Business Unit has accounted the rate of return
Risiko Imbal Hasil (rate of return risk) dan Risiko risk and equity investment risk in accordance
Investasi (equity investment risk) with Financial Services Authority Regulation
sebagaimana diatur dalam Peraturan Otoritas (POJK) No.8/POJK.03/2014 on Sharia
Jasa Keuangan (POJK) No.8/POJK.03/2014 Commercial Bank and Sharia Business Unit
tentang Penilaian Tingkat Kesehatan Bank Soundness Assessment.
Umum Syariah dan Unit Usaha Syariah.
Penilaian profil risiko terintegrasi konglomerasi Integrated risk profile assessment of Maybank
keuangan Maybank Indonesia juga telah Indonesia financial conglomerates has taken
mengakomodasi risiko yang dimiliki oleh into account risk embedded in subsidiaries and
perusahaan anak dan perusahaan terelasi sister companies, including insurance risk.
termasuk risiko asuransi.
990 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Profil Risiko (lanjutan) Risk Profile (continued)
Terhadap penerapan Basel III, khususnya On Basel Ill implementation, especially in terms
dalam hal permodalan dan likuiditas, Bank of capital and liquidity, the Bank refers to
mengacu kepada Peraturan Otoritas Jasa Financial Services Authority Regulation (POJK)
Keuangan (POJK) No.34/POJK.03/2016 No.34/POJK.03/2016 on the amendments of
tentang Perubahan Atas POJK POJK No.11/POJK.03/2016 concerning Minimum
No.11/POJK.03/2016 tentang Kewajiban Capital Requirement for Commercial Banks,
Penyediaan Modal Minimum Bank Umum, Financial Services Authority Regulation (POJK)
Peraturan Otoritas Jasa Keuangan (POJK) No.42/POJK.03/2015 on Liquidity Coverage Ratio,
No.42/POJK.03/2015 tentang Kewajiban and POJK No.2/POJK.03/2018 on appointment of
Pemenuhan Rasio Kecukupan Likuiditas Systemically Important Bank and Capital
(Liquidity Coverage Ratio) Bagi Bank Umum, Surcharge.
dan POJK No.2/POJK.03/2018 tentang
Penetapan Bank Sistematik dan Capital
Surcharge.
Dalam perhitungan Aset Tertimbang Menurut To calculate Credit Risk Weighted Asset, the
Risiko untuk Risiko Kredit, Bank telah Bank has implemented credit risk capital
mengimplementasikan metode perhitungan adequacy calculation method that is in line with
kecukupan modal untuk risiko kredit sesuai Financial Services Authority Circular Letter
dengan Surat Edaran Otoritas Jasa Keuangan (SEOJK) No.24/SEOJK.03/2021 on Risk Weighted
(SEOJK) No.24/SEOJK.03/2021 mengenai Asset (RWA) for Credit Risk Standardized
Perhitungan Aset Tertimbang Menurut Risiko Approach, as well as SEOJK
(ATMR) untuk Risiko Kredit Menggunakan No.48/SEOJK.03/2017 on the Calculation of
Pendekatan Standar, Bagi Bank Umum dan Derivative Net Exposures Transaction to
juga SEOJK No.48/SEOJK.03/ 2017 tentang calculate Credit Risk Weighted Asset with
Pedoman Perhitungan Tagihan Bersih Transaksi Standardized Approach and SEOJK
Derivatif dalam Perhitungan Aset Tertimbang No.16/SEOJK.03/2023 concerning Capital
Menurut Risiko untuk Risiko Kredit dengan Calculations for Bank Exposure to Central
Menggunakan Pendekatan Standar serta Counterparty Institutions.
SEOJK No.16/SEOJK.03/2023 tentang
Perhitungan Permodalan untuk Eksposur Bank
terhadap Lembaga Central Counterparty.
Sesuai dengan SEOJK No.6/SEOJK.03/2020 In accordance with SEOJK No.6/SEOJK.03/2020
tentang Perhitungan Aset Tertimbang Menurut concerning Calculation of Risk-Weighted
Risiko untuk Risiko Operasional dengan Assets for Operational Risk Using a
Menggunakan Pendekatan Standar Bagi Bank Standardized Approach for Commercial Banks,
Umum, Bank telah melakukan perhitungan the Bank has calculated Operational Risk
ATMR Risiko Operasional dengan Weighted Asset using a Standardized
menggunakan Standardized Approach. Approach.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 991
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Page 994
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Rencana Aksi Recovery Plan
Bank melakukan pengkinian Rencana Aksi The Bank has regularly reviewed Bank’s
Bank secara berkala sebagaimana ditetapkan Recovery Plan in accordance with POJK No.5
dalam POJK No.5 tahun 2024 tentang Year 2024 concerning Penetapan Status
Penetapan Status Pengawasan dan Pengawasan dan Penanganan Permasalahan
Penanganan Bank Umum. Penyampaian Bank Umum. The submission of latest annual
pengkinian tahunan Rencana Aksi terbaru review Recovery Plan has been submitted to
yang telah disampaikan kepada OJK melalui OJK with reference to letter dated November
surat tertanggal 29 November 2024 dan telah 29, 2024 and has been approved by
memperoleh persetujuan Pemegang Saham Shareholders at the General Meeting on
dalam Rapat Umum Pemegang Saham (RUPS) Shareholders (RUPS) on April 11, 2025.
11 April 2025.
Risiko Operasional Operational Risk (continued)
Berdasarkan Peraturan OJK No. Based on OJK regulation No. 18/POJK.03/2016,
18/POJK.03/2016, risiko operasional adalah operational risk is the risk arising from the
risiko akibat ketidakcukupan dan/atau tidak inadequacy and/or malfunctioning of internal
berfungsinya proses internal, kesalahan processes, human errors, system failures,
manusia, kegagalan sistem, dan/atau adanya and/or external events that effect Bank’s
kejadian-kejadian eksternal yang operations. The scope of operational risks
mempengaruhi operasional Bank. Termasuk includes legal risk but excludes strategic risk
risiko hukum namun tidak termasuk risiko and reputation risk.
strategis dan risiko reputasi.
Model tata kelola risiko operasional untuk Bank The operational risk governance model for the
memberikan tata kelola yang formal, Bank provides formalized, transparent and
transparan dan konsisten yang secara jelas consistent governance which clearly defines
menegaskan tugas dan tanggung jawab serta the roles and responsibilities as well as
alur pelaporan untuk mengelola risiko reporting flow for managing operational risk at
operasional dalam Bank dan entitas anak the Bank and subsidiaries effectively. The
secara efektif. Model tata kelola risiko bank's operational risk governance model is
operasional bank didasarkan pada tiga lini based on three lines of defense (Three Line of
pertahanan (Three Line of Defense) yang Defense) which are in line with the Risk
sejalan dengan Kerangka Kerja Manajemen Management Framework and have been
Risiko dan telah diregulasi dalam kebijakan regulated in operational risk policies and
dan prosedur risiko operasional untuk procedures to ensure effective operational risk
memastikan pengelolaan risiko operasional management for all parts of the bank. The
yang efektif bagi seluruh bagian di bank. Model Governance model aims to place
tata kelola bertujuan untuk menempatkan accountability to operational risk that may
akuntabilitas terhadap risiko operasional yang arise and simultaneously facilitates the
mungkin timbul serta pada saat yang segregation of duties independently between
bersamaan memfasilitasi pemisahan tugas the risk-taking units, risk control units and the
secara independen antara risk taking units, functions of the Internal Audit Unit.
unit pengendali risiko dan fungsi Satuan Kerja
Audit Internal.
298
992 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 995
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Operasional (lanjutan) Operational Risk (continued)
Manajemen telah membentuk perangkat risiko Management has established operational risk
operasional yang saling melengkapi untuk tools that complement each other to develop
mengembangkan manajemen risiko an effective operational risk management, as
operasional yang efektif, yaitu: follows:
1. Risk and Control Self-Assessment (“RCSA”) 1. Risk and Control Self-Assessment
(“RCSA”)
RCSA merupakan proses terstruktur dalam
mengidentifikasi dan menilai risiko RCSA sets out a structured process for the
operasional yang melekat (inherent) dan identification and assessment of inherent
keefektifan kontrol pada operasional bisnis, operational risk and controls effectiveness
dengan memanfaatkan pengetahuan, in the business operations, leveraging on
pengalaman dan expert opinion dari the knowledge, experience and expert
pemilik bisnis proses/risiko. opinions of business process/risk owners.
2. Key Risk Indicators (“KRI”) 2. Key Risk Indicators (“KRI”)
Key Risk Indicators (“KRI”) merupakan Key Risk Indicators (“KRI”) provides a
proses terstruktur untuk mengukur dan structured process to measure and monitor
memantau eksposur risiko yang sangat the very high or extreme risk exposures
tinggi atau ekstrim dalam operasional within the business operations by way of
bisnis dengan cara menetapkan indikator establishing indicators that serves as early
yang berfungsi sebagai sinyal peringatan warning signal on key operational risk
dini pada area risiko operasional utama areas with exposure levels potentially
dengan tingkat eksposur yang berpotensi exceeding tolerable risk appetite/limits
melebihi toleransi/batas appetite risiko which have been established.
yang telah ditetapkan.
3. Incident Management and Data Collection 3. Incident Management and Data Collection
(“IMDC”) (“IMDC”)
IMDC merupakan proses yang terstruktur IMDC provides a structured process for the
dalam pengelolaan insiden risiko management of operational risk incidents
operasional yang terjadi, dari mulai that have occurred, from the point of
ditemukannya hingga penyelesaian discovery until resolution. It includes the
insiden. Hal ini termasuk pengumpulan collection and analysis of Actual Losses,
data dan analisis dari Kerugian Aktual, Potential Losses and Near Misses Incidents.
Kerugian Potensial dan Insiden Near Miss.
Bank telah menetapkan risk appetite untuk The Bank has determined the risk appetite for
risiko operasional yang mengartikulasikan operational risk which articulates effectively
secara efektif tingkat toleransi risiko Bank dan the risk tolerance level of the Bank and
entitas anak. Risk appetite untuk risiko subsidiaries. Risk appetite for operational risk is
operasional ditinjau ulang secara berkala dan periodically reviewed and approved by the
disetujui oleh Komite Manajemen Risiko dan Risk Management Committee and Risk
Komite Pemantau Risiko. Oversight Committee.
299
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 993
Page 996
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Reputasi Reputation Risk
Risiko reputasi adalah sebuah risiko yang Reputation risk is a risk caused by declining
berkaitan dengan menurunnya tingkat trust and confidence of stakeholders resulted
kepercayaan pemangku kepentingan yang from acquired negative news due to
diakibatkan dari adanya berita negatif yang unfavourable event/occurrence and/or
dipicu kejadian yang tidak diinginkan, perceived image on the Bank. Every activity
dan/atau suatu persepsi buruk terkait Bank. carried out by the Bank is prone to reputation
Setiap aktivitas Bank rawan terhadap risiko risk, and negligence to maintain the Bank
reputasi dan kelalaian dalam menjaga reputation could immediately damage the
reputasi Bank dapat secara langsung merusak public’s perception, including customers,
persepsi publik, termasuk nasabah, regulator regulator and other stakeholders, which may
dan pemangku kepentingan lainnya. Hal ini negatively impact the Bank’s performance,
akan berdampak negatif terhadap kinerja revenue and asset value managed by the
Bank, pendapatan dan nilai aset yang dikelola Bank.
oleh Bank.
Untuk memitigasi risiko reputasi, Bank telah To mitigate reputational risk, the Bank has
merumuskan Kebijakan Manajemen Risiko formulated the Reputational Risk Management
Reputasi dalam Peraturan Direksi No. Policy in Board of Directors Regulation No.
PER.DIR.2024.003/PRESDIR dan telah PER.DIR.2024.003/PRESDIR and has
dikomunikasikan ke seluruh divisi/unit communicated it to all divisions/work
kerja/cabang Bank agar pelaksanaannya units/branches of the Bank to ensure its
dapat berjalan secara optimal. Kebijakan optimal implementation. The Reputational Risk
Manajemen Risiko Reputasi telah disusun Management Policy has been prepared in
dengan memperhatikan Peraturan Otoritas accordance with Financial Services Authority
Jasa Keuangan No.18/POJK.03/2016 tanggal 16 Regulation No.18/POJK.03/2016 dated March 16,
Maret 2016 tentang Penerapan Manajemen 2016, concerning the Implementation of Risk
Risiko Bank Umum, Surat Edaran Otoritas Jasa Management for Commercial Banks, Financial
Keuangan No.34/SEOJK.03/2016 tanggal 1 Services Authority Circular Letter No.
September 2016 tentang Penerapan 34/SEOJK.03/2016 dated September 1, 2016,
Manajemen Risiko bagi Bank Umum, Peraturan concerning the Implementation of Risk
Otoritas Jasa Keuangan No.22 Tahun 2023 Management for Commercial Banks, Financial
tentang Pelindungan Konsumen dan Services Authority Regulation No.22 of 2023
Masyarakat di Sektor Jasa Keuangan, POJK concerning Consumer and Public Protection in
Nomor 17/POJK.03/2014 tentang Penerapan the Financial Services Sector, POJK No.
Manajemen Risiko Terintegrasi Bagi 17/POJK.03/2014 concerning the
Konglomerasi Keuangan, SEOJK Nomor Implementation of Integrated Risk
14/SEOJK.03/2015 tentang Penerapan Management for Financial Conglomerates,
Manajemen Risiko Terintegrasi Bagi SEOJK No. 14/SEOJK.03/2015 concerning the
Konglomerasi Keuangan dan Peraturan Bank Implementation of Integrated Risk
Indonesia No.3 Tahun 2023 tentang Management for Financial Conglomerates,
Pelindungan Konsumen Bank Indonesia. and Bank Indonesia Regulation No.3 of 2023
concerning Consumer Protection by Bank
Indonesia.
994 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 300
Page 997
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Reputasi (lanjutan) Reputation Risk (continued)
Demikian juga, Bank memiliki serangkaian Likewise, the Bank has a set of internal
peraturan internal untuk diperhatikan yang regulations to be observed, including
meliputi, Peraturan Perusahaan Company Regulation No.PER.PUR.2023.008/DIR
No.PER.PUR.2023.008/DIR RISK MGMT tentang RISK MGMT concerning the Risk Management
Kerangka Kerja Manajemen Risiko (KKMR), Framework (KKMR), Company Regulation No.
Peraturan Perusahaan No.PER.PUR.2023.002/DIR PER.PUR.2023.002/DIR RISK MGMT concerning
RISK MGMT tentang Kerangka Kerja Manajemen the Operational Risk Management Framework
Risiko Operasional (KKMRO), Peraturan Direksi (KKMRO), Board of Directors Regulation
No.PER.DIR.2023.027/DIR RISK MGMT tentang No.PER.DIR.2023.027/DIR RISK MGMT concerning
Prosedur Risiko Operasional (Operational Risk the Operational Risk Procedure, Company
Procedure), Peraturan Perusahaan Regulation No. PER.PUR.2022.001/DIR OPS
No.PER.PUR.2022.001/DIR OPS tentang Kebijakan concerning Consumer and Public Protection
Perlindungan Konsumen dan Masyarakat dan Policy, and Board of Directors Regulation No.
Peraturan Direksi No.PER.DIR.2022.024/DIR OPS PER.DIR.2022.024/DIR OPS concerning
tentang Penanganan dan Penyelesaian Customer Complaint Handling and Resolution.
Pengaduan Nasabah.
Divisi Corporate and Brand Communications The Bank’s Corporate Communication Division
secara rutin melakukan pemantauan performs routine media monitoring of the
pemberitaan di media tentang Bank termasuk news to monitor the news coverage about the
memantau publikasi negatif atau keluhan Bank, including observing negative
nasabah yang muncul di media. Sedangkan publications or customers’ complaints that
pengawasan atas keluhan nasabah yang appear in the media. The Customer Experience
disampaikan secara langsung ke Bank, Management Division manages the
ditangani oleh Divisi Customer Experience monitoring of customers’ complaints
Management untuk kemudian ditindaklanjuti submitted directly to the Bank for follow-ups.
penyelesaiannya. Untuk pemberitaan negatif For negative news publication and customers’
dan keluhan nasabah yang muncul di media complaints that appear in the media, the Bank
selanjutnya dibuatkan klarifikasi dan will provide clarification and appropriate
tanggapan sesuai dengan langkah yang response and be delivered according to the
ditempuh Bank. Upaya memitigasi risiko steps undertaken by the Bank. Efforts to
reputasi juga dilakukan ketika Bank mitigate the reputation risk are also
meluncurkan produk/layanan/program baru undertaken whenever the Bank launches a
dengan menganalisa risiko reputasi yang new product/service/program by analysing
mungkin timbul dan bagaimana the possibility of reputation risk that may arise
mengantisipasi risiko tersebut. Demikian pula, and anticipate such risk. Moreover, for material
untuk informasi yang bersifat material atau or important information to be known by the
yang penting untuk diketahui oleh stakeholder, stakeholders, the Bank’s Corporate and Brand
Divisi Corporate and Brand Communications Communications Division and Customer
bersama Divisi Customer Experience Experience Management Division also prepare
Management juga menyiapkan panduan bagi guidelines for frontliners and spokespersons so
para frontliner dan spokespersons agar that they can explain the information correctly
mereka dapat menjelaskan informasi tersebut and proportionately to customers and other
secara benar dan proporsional kepada stakeholders.
nasabah dan stakeholder lainnya.
301 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 995
Page 998
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Hukum Legal Risk
Risiko hukum adalah risiko akibat tuntutan Legal risk is the risk related to lawsuits and/or
hukum dan/atau kelemahan aspek yuridis. weakness in the juridical aspect. These
Kelemahan aspek yuridis tersebut antara lain weakness in juridical aspect are caused,
disebabkan oleh ketiadaan peraturan among others, by the lack of the supporting
perundang-undangan yang mendukung atau legislation or weakness of the contracts such
kelemahan perikatan seperti tidak as incomplete requirements for a valid
dipenuhinya syarat sahnya kontrak dan contract and imperfect document contract.
pengikatan dokumen yang tidak sempurna. Legal risk can also arise from changes in legal
Risiko hukum dapat juga timbul dari adanya provisions and prevailing laws and regulations,
perubahan ketentuan hukum dan peraturan and the enforcement of court decisions that
perundang-undangan yang berlaku, serta can result in losses for the Bank.
pelaksanaan putusan Pengadilan yang dapat
mengakibatkan kerugian bagi Bank.
Sebagai sebuah perusahaan yang berdiri As a company which is governed by the laws
dalam yuridiksi hukum Republik Indonesia, of the Republic of Indonesia, the Bank should
Bank harus selalu tunduk terhadap segala always comply with all such laws and
peraturan hukum Indonesia termasuk yang regulations including regulations issued by
dikeluarkan oleh regulator terkait antara lain respective regulator among others Financial
Otoritas Jasa Keuangan dan Bank Indonesia. Services Authority and Bank Indonesia. In
Selain itu, Bank juga harus mengikuti segala addition, the Bank obliged to comply all
bentuk peraturan perundangan yang berlaku prevailing rules and regulations in the society
di masyarakat baik yang terkait secara whether directly or indirectly related to the
langsung maupun tidak langsung dengan business activities conducted by the Bank. The
kegiatan usaha Bank. Kegagalan Bank dalam Bank’s failure to comply with applicable legal
mengikuti peraturan hukum yang berlaku regulations can result in the emergence of
dapat mengakibatkan pada timbulnya legal claims that will be directed against the
tuntutan hukum yang akan ditujukan kepada Bank. If the legal claims filed against the Bank
Bank. Apabila tuntutan-tuntutan hukum yang have a material value, then it may directly
diajukan kepada Bank memiliki nilai yang impact the Bank’s financial performance.
material, maka hal tersebut dapat
memberikan dampak secara langsung
terhadap kinerja keuangan Bank.
996 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
302
Page 999
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Hukum (lanjutan) Legal Risk (continued)
Untuk memitigasi risiko hukum yang mungkin To mitigate the possible legal risk caused by
timbul akibat tuntutan hukum atau kelemahan lawsuits or weaknesses in the juridical aspects,
aspek yuridis, Bank memiliki Unit Corporate the Bank has a Corporate Legal Unit that is
Legal yang tergabung dalam Unit Kerja incorporated into the Corporate Legal and
Corporate Legal and Litigation. Unit Corporate Litigation Unit. The Corporate Legal Unit has the
Legal memiliki peranan antara lain sebagai following functions among others:
berikut:
Corporate Legal: Corporate Legal:
1) Memberikan analisa, advis/kajian hukum 1) Provide legal analysis, advice, and reviews
kepada Direksi, Dewan Komisaris dan to the Board of Directors, Board of
seluruh unit kerja pada setiap jenjang Commissioners, and all organizational units
organisasi; at every level;
2) Melakukan analisa/advis hukum atas 2) Conduct legal analysis and advice on the
inisiatif penyusunan produk, layanan dan development of products, services, and
jasa/aktivitas Bank, proyek baru serta activities of the Bank, including new
membuat kebijakan, standar dokumen projects, and formulate policies and
hukum yang terkait dengan produk, jasa, standard legal documents related to those
layanan dan aktivitas tersebut; products, services, and activities;
3) Memberikan advis/kajian hukum terkait 3) Provide legal advice or reviews concerning
dengan eksposur risiko hukum atas suatu legal risk exposure from transactions,
transaksi baik di tingkat korporat, transaksi whether at the corporate level,
kredit/pembiyaan maupun transaksi yang credit/financing transactions, or
terjadi sebagai akibat dari suatu perjanjian transactions arising from cooperative
kerja sama dengan Debitur / Nasabah atau agreements with Debtors/Customers or
mitra kerjasama; business partners;
4) Melakukan review berkala atas perjanjian 4) Perform periodic reviews of agreements
dan atau dokumen standard yang telah and/or standard documents that have
dibuat; been prepared
5) Melakukan analisa dan pemantauan 5) Analyze and monitor legal risk
terhadap manajemen risiko hukum; management;
6) Secara berkala memberikan pelatihan- 6) Regularly provide legal training to relevant
pelatihan terkait dengan materi hukum Bank units and/or employees;
kepada unit kerja dan atau karyawan Bank
yang relevan;
7) Melakukan diseminiasi kebijakan kebijakan 7) Disseminate policies related to legal
terkait hukum. matters.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 997
303
Page 1000
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Hukum (lanjutan) Legal Risk (continued)
Sedangkan Unit Litigasi memiliki peranan Litigation Division has the following roles and
sebagai berikut: responsibilitie, as followss:
1) Memberikan analisa, advis/kajian hukum, 1) Provide legal analysis, legal
atas isu perselisihan/persengketaan advice/opinion based on disputes faced
yang dihadapi Bank; by the Bank;
2) Memberikan analisa/advis hukum terkait 2) Provide legal analysis/advice related to
dengan eksposur risiko hukum atas legal risk exposure due to legal disputes,
sengketa hukum, termasuk potensi including potential legal disputes faced
sengketa hukum yang dihadapi Bank; by the Bank;
3) Merekomendasikan strategi penanganan 3) Recommend strategies for handling civil,
perkara perdata, pidana, kepailitan dan criminal, bankruptcy cases, and other
hal-hal lain yang terkait dengan matters related to handling cases that
penanganan perkara yang melindungi protect Bank’s interest, including
kepentingan Bank, termasuk atas strategi strategies for handling cases by Bank’s
penanganan perkara oleh internal Bank internal or external counsel, to be
atau konsultan hukum eksternal, untuk determined by the Bank;
diputuskan oleh Bank;
4) Mewakili dan bertindak sebagai pembela, 4) Represent and legally act on behalf of the
penasihat dan atau kuasa hukum Bank as counsel, advisor, and/or attorney
perusahaan, manajemen dan karyawan for the company, management, and
Bank dalam penanganan perkara employees of the Bank in handling legal
perselisihan hukum, termasuk dalam disputes, including in interaction support
dukungan interaksi dengan aparat with law enforcement authorities, courts,
penegak hukum, pengadilan dan atau and/or other relevant institutions, based
instansi instansi terkait, berdasarkan on the handling strategy determined by
strategi penanganan yang ditetapkan the Bank;
Bank;
5) Mengelola dan memonitor pelaksanaan 5) Manage and monitor the execution and
dan status penanganan perkara hukum progress of Bank’s legal case handling,
Bank, baik yang ditangani internal Bank either internally or through external
atau konsultan hukum eksternal. counsel.
Dengan adanya Unit Corporate Legal, maka Based on the above, the implementation of
pelaksanaan kebijakan dan standar dokumen legal policy and standard legal document
hukum yang terkait dengan produk, jasa related to the product, service and/ or banking
dan/atau fasilitas perbankan yang ditawarkan facilities offered by the Bank to public, whereby
oleh Bank kepada masyarakat, di mana the legal policy and legal document standards
kebijakan hukum dan standar dokumen are intentionally made in accordance with the
hukum dimaksud dibuat dengan mengacu prevailing laws and regulations also
kepada ketentuan peraturan perundangan considering the interests in the juridical
yang berlaku serta memperhatikan aspects of the Bank.
kepentingan aspek yuridis dari Bank.
304
998 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 1001
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Hukum (lanjutan) Legal Risk (continued)
Selain itu, Bank juga memiliki unit Litigasi yang In addition, the Bank also has a Litigation unit
tergabung juga didalam unit kerja Corporate which also incorporated in the Corporate Legal
Legal and Litigation yang salah satu fungsinya and Litigation Unit. One of its functions is to
adalah memberikan analisa, advis/kajian provide legal analysis and advice on legal
hukum atas permasalahan hukum, termasuk matters, including potential legal cases, as well
potensi permasalahan hukum, serta mengelola as to manage the handling of any legal cases
penanganan setiap permasalahan hukum related to litigation in oder to mitigate potential
yang terkait dengan kasus litigasi guna legal risks.
memitigasi risiko hukum yang mungkin ada.
Pengelolaan risiko hukum oleh Unit Litigasi Legal risk management by Litigation Unit is
dilakukan dengan memantau perkembangan carried out with monitoring every legal cases
kasus-kasus hukum yang terjadi dan Bank juga that occur and the Bank also put as close
memberikan perhatian khusus atas attention in handling legal cases which
penanganan kasus hukum yang berpotensi potentially may rise significant loss to the Bank.
menimbulkan kerugian secara signifikan.
Risiko Kepatuhan Compliance Risk
Risiko kepatuhan merupakan risiko akibat Bank Compliance risk is the risks resulting from the
tidak mematuhi dan/atau tidak melaksanakan failure of the Bank in fulfilling and/or
peraturan perundang-undangan dan implementing the prevailing laws and
ketentuan yang berlaku termasuk prinsip regulations, including sharia principles for
syariah bagi unit usaha syariah. Dalam sharia business unit. In engaging in the
menjalankan kegiatan usaha pada industri banking industry services, the Bank is required
perbankan, Bank diwajibkan untuk selalu to always comply with the banking regulations
tunduk terhadap peraturan perbankan yang issued by the government and Bank Indonesia
diterbitkan baik oleh pemerintah maupun Bank or Financial Services Authority. In addition, the
Indonesia atau Otoritas Jasa Keuangan. Selain Bank is also required to comply with several
itu, Bank juga wajib tunduk kepada beberapa other rules, such as regulation on Deposit
ketentuan lainnya, seperti peraturan yang Guarantee Program, Limited Liability Company,
mengatur mengenai Penjaminan Simpanan, Taxation and Indonesian Stock Exchange
Perseroan Terbatas, Perpajakan dan Bursa Efek regulations and Fatwa of National Sharia
Indonesia serta Fatwa dari Dewan Syariah Council.
Nasional.
305
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 999
Page 1002
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Kepatuhan (lanjutan) Compliance Risk (continued)
Pada umumnya, risiko kepatuhan melekat In general, the compliance risk is embedded in
pada Bank sebagai sebuah lembaga the Bank as a banking institution, such as:
perbankan, antara lain: risiko kredit terkait credit risks related to Legal Lending Limit;
dengan ketentuan Batas Maksimum Capital Adequacy Ratio (“CAR”); Asset Quality
Pemberian Kredit (“BMPK”); Kewajiban Rating; Good Corporate Governance (“GCG”);
Penyediaan Modal Minimum (“KPMM”); market risks related to Net Open Position
Penilaian Kualitas Aset; Penerapan tata kelola (“NOP”) regulation, statutory reserve,
yang baik (“GCG”); risiko pasar terkait dengan monitoring of risk management and also
ketentuan Posisi Devisa Neto (“PDN”), Giro strategic risks related to the Bank's Business
Wajib Minimum (“GWM”); Pemantauan Plan regulation, the Annual Business and
Penerapan Manajemen Risiko, serta risiko Budget Plan, Transparency and Publication of
stratejik terkait dengan ketentuan Rencana Bank Report, and other risks related to certain
Bisnis Bank (“RBB”), Rencana Kerja Anggaran regulations. The inability of the Bank to follow
Tahunan (“RKAT”), Transparansi dan Publikasi and comply with all laws and regulations
Laporan Bank, dan risiko-risiko lain yang related to the Bank's business activities may
terkait dengan ketentuan tertentu. affect the continuity of the Bank.
Ketidakmampuan Bank untuk mengikuti dan
mematuhi seluruh peraturan perundangan
yang terkait dengan kegiatan usaha Bank
dapat berdampak terhadap kelangsungan
usaha Bank.
Mitigasi risiko kepatuhan dilakukan dalam Compliance risk mitigation is conducted with
rangka pengendalian aspek kepatuhan yang regards to control aspects of compliance
setidaknya meliputi: which at least include:
a) Melakukan upaya-upaya untuk a) Make efforts to ensure that the policies
memastikan bahwa kebijakan yang issued are related to the determination of
diterbitkan terkait dengan penetapan limit risk, consistency of risk management
limit risiko, konsistensi kebijakan policies, implementation of compliance
manajemen risiko, penerapan kepatuhan at the organizational level, policy
pada jenjang organisasi, kebijakan divergence in decision making to align
penyimpangan dalam pengambilan with applicable organizational structure,
keputusan guna menyelaraskan dengan compliance monitoring policies and
struktur organisasi yang berlaku, whistleblowing polices, in accordance
kebijakan pemantauan kepatuhan dan with applicable regulations;
kebijakan whistleblowing telah sesuai
dengan regulasi yang berlaku;
1000 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Page 1003
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Kepatuhan (lanjutan) Compliance Risk (continued)
Mitigasi risiko kepatuhan dilakukan dalam Compliance risk mitigation is conducted with
rangka pengendalian aspek kepatuhan yang regards to control aspects of compliance
setidaknya meliputi: (lanjutan) which at least include: (lanjutan)
b) Melakukan upaya-upaya untuk b) Make efforts to ensure that procedures
memastikan bahwa prosedur terkait related to timeliness communication
dengan ketepatan waktu policy to all employees, control and
pengkomunikasian kebijakan kepada analysis of new products and activities,
seluruh pegawai, pengendalian dan reporting obligations and data system,
analisa terhadap produk dan aktivitas adequacy of supervision of
baru, kewajiban pelaporan dan sistem commissioners and directors,
data, kecukupan pengawasan komisaris segregation of duties are in accordance
dan direksi, pemisahan fungsi telah with applicable regulations;
sesuai dengan regulasi yang berlaku;
c) Sumber daya manusia terkait dengan c) Human resources related to
program kompensasi dan pengelolaan compensation program and
kinerja pegawai dan pejabat Bank, performance management of the Bank’s
kecukupan program pelatihan, termasuk employees and officers, including
kewajiban mengikuti sertifikasi; participating in certification obligation;
d) Keberadaan sistem pemantauan internal d) Existence of internal control system
terkait dengan keefektifan dan related to effectiveness and
independensi fungsi audit; dan independence in audit function; and
e) Keberadaan sistem pemantauan e) Existence of monitoring system towards
terhadap penyimpangan terhadap deviation of policy and the Bank’s internal
kebijakan dan prosedur internal Bank. procedures.
Selain itu, mitigasi risiko kepatuhan juga In addition, the mitigation of compliance risk
dilakukan oleh Direktur yang membawahkan is also conducted by a Director who oversees
fungsi kepatuhan dan/atau melalui Satuan compliance function and/or via the
Kerja Kepatuhan melalui langkah-langkah Compliance Unit by taking, among other, the
antara lain: following steps:
1) Menyusun rencana kepatuhan yang 1) Establish compliance plan which are
disesuaikan dengan kebutuhan dan adjusted to the needs and bank activities
aktivitas bank beserta self-assessment with self-assessment to determine the
untuk menentukan keefektifan standar effectiveness of the compliance
kepatuhan; standards;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1001
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Page 1004
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Kepatuhan (lanjutan) Compliance Risk (continued)
Selain itu, mitigasi risiko kepatuhan juga In addition, the mitigation of compliance risk is
dilakukan oleh Direktur yang membawahkan also conducted by a Director who oversees
fungsi kepatuhan dan/atau melalui Satuan compliance function and/or via the
Kerja Kepatuhan melalui langkah-langkah Compliance Unit by taking, among other, the
antara lain: (lanjutan) following steps: (continued)
2) Melakukan analisa kepatuhan untuk 2) Perform compliance analysis to provide
memberikan saran, masukan serta advice, inputs, and also recommendations
rekomendasi atas draft kebijakan internal for the Bank’s draft internal policy including
Bank termasuk review terhadap produk review on new products and activities that
dan aktivitas baru yang akan diterbitkan will be launched to ensure that the internal
untuk memastikan bahwa kebijakan policies established by the management
internal yang dikeluarkan oleh manajemen and new products/activities already
dan produk/aktivitas baru tersebut telah comply with the prevailing laws and
sesuai dengan peraturan perundang- regulations;
undangan yang berlaku;
3) Melakukan pengawasan (monitoring) dan 3) Perform monitoring and ensure the
memastikan kepatuhan terhadap perjanjian compliance with the agreements and
dan komitmen yang dibuat dengan Bank commitments made with Bank Indonesia
Indonesia dan Otoritas Jasa Keuangan, serta and Financial Services Authority, also
bertanggung jawab untuk mengirimkan responsible to submit all progress reports
semua laporan perkembangan atas temuan of the findings and corrective actions to
dan tindakan perbaikan kepada Bank Bank Indonesia and Financial Services
Indonesia dan Otoritas Jasa Keuangan Authority, and also act as liaison officer
sekaligus bertindak sebagai pejabat between Bank Indonesia and Financial
perantara antara Bank Indonesia dan Services Authority and the Bank;
Otoritas Jasa Keuangan dengan Bank;
1002 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
308
Page 1005
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) i. h. Risk Management (continued)
Risiko Kepatuhan (lanjutan) Compliance Risk (continued)
Selain itu, mitigasi risiko kepatuhan juga In addition, the mitigation of compliance risk is
dilakukan oleh Direktur yang membawahkan also conducted by a Director who oversees
fungsi kepatuhan dan/atau melalui Satuan compliance function and/or via the
Kerja Kepatuhan melalui langkah-langkah Compliance Unit by taking, among other, the
antara lain: (lanjutan) following steps: (continued)
4) Melakukan upaya-upaya untuk 4) Ensure that the Bank's policy, regulation,
memastikan bahwa kebijakan, ketentuan, system and procedure, as well as business
sistem dan prosedur, serta kegiatan usaha activities are complied with the prevailing
Bank telah sesuai dengan ketentuan Bank regulation of Bank Indonesia and Financial
Indonesia, Otoritas Jasa Keuangan dan Services Authority and prevailling laws and
peraturan perundang-undangan yang regulations;
berlaku;
5) Mengoptimalkan fungsi kepatuhan melalui 5) Optimizing the compliance function
proses pemantauan dan pemeriksaan dari through compliance monitoring and
segi kepatuhan (pengujian kepatuhan) testing processes, as well as conducting
dan melakukan pelatihan untuk training to promote a sustainable
meningkatkan budaya kepatuhan yang compliance culture. This initiative is also
berkesinambungan, serta untuk designed to enhance employees'
meningkatkan pemahaman dan understanding and awareness of
awareness karyawan terhadap peraturan applicable laws and regulations through
perundang-undangan yang berlaku, internal training forums, workshops, and
antara lain melalui forum pelatihan digital platforms such as the LCCA Site/
internal, workshop, media LCCA Site/LCCA LCCA Portal;
Portal;
6) Menerapkan kebijakan program anti 6) Implement anti-money laundering and
pencucian uang dan pencegahan combating financing of terrorism policy as
pendanaan terorisme yang diatur dalam regulated by Financial Service Authority
Peraturan Otoritas Jasa Keuangan dan and Financial Transaction Report and
Pusat Pelaporan dan Analisis Transaksi Analysis Center;
Keuangan;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1003
309
Page 1006
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Kepatuhan (lanjutan) Compliance Risk (continued)
7) Menerapkan kebijakan strategi anti fraud; 7) Implement a policy of anti fraud strategy;
8) Memastikan penerapan Tata Kelola 8) Ensure that Good Corporate Governance
Perusahaan telah dilakukan oleh Bank, baik (GCG) has been performed by the Bank,
untuk bank konvensional maupun unit both for conventional banks and Sharia
usaha syariah serta penerapan tata kelola business units and the implementation of
terintegrasi. integrated governance.
Risiko Stratejik Strategic Risk
Risiko stratejik adalah risiko akibat Strategic risk is the risk due to inaccurate
ketidaktepatan dalam pengambilan decision-making and/or implementation of
dan/atau pelaksanaan suatu keputusan a strategic decision, and the failure to
stratejik serta kegagalan dalam anticipate changes in business environment.
mengantisipasi perubahan lingkungan bisnis.
Untuk dapat tumbuh dan berkembang In order to grow and develop into a leading
menjadi sebuah institusi keuangan terdepan financial institution in Indonesia, the Bank
di Indonesia, Bank membutuhkan needs to adopt certain strategies. Failure in
serangkaian strategi. Ketidakmampuan formulating the right strategy may
dalam menyusun strategi yang tepat dapat deteriorate the Bank’s business in the future.
menimbulkan kegagalan bisnis Bank di masa
yang akan datang.
Risiko ini juga mencakup kemampuan Bank This risk also includes the Bank’s ability to
dalam menciptakan keunggulan kompetitif create a competitive edge amidst stiff
di tengah kompetisi perbankan yang competition in the banking industry. The
semakin ketat. Ketidakmampuan dalam inability to cope with such business
menghadapi tantangan bisnis tersebut, yang challenges, which are constantly changing
terus mengalami perubahan dari waktu ke from time to time, will lead to failure in
waktu, akan mengakibatkan kegagalan accomplishing the determined vision.
dalam mencapai visi yang selama ini telah
ditetapkan.
1004 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Page 1007
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
56. INFORMASI TAMBAHAN YANG TIDAK 56. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY INDONESIAN ACCOUNTING STANDARDS
INDONESIA (lanjutan) (continued)
Informasi tambahan berikut yang disajikan The following additional information presented
dibawah ini merupakan informasi yang disyaratkan below is information required by applicable
oleh regulasi yang berlaku dan bukan/tidak regulations and is not information required by
merupakan informasi yang dipersyaratkan oleh Indonesian Accounting Standards (continued):
Standar Akuntansi Indonesia (lanjutan):
h. Manajemen Risiko (lanjutan) h. Risk Management (continued)
Risiko Stratejik (lanjutan) Strategic Risk (continued)
Demi merealisasikan keuntungan yang In order to realise the expected benefit, the
diharapkan, penerapan keputusan- implementation of strategic decision must
keputusan stratejik secara disiplin perlu be conducted in a disciplined manner. To
dilaksanakan. Untuk menjamin implementasi ensure proper strategy implementation, once
strategi yang tepat, ketika strategi ditentukan, the strategy is determined, detailed action
rencana kerja yang terperinci termasuk plans including key initiatives have to be
inisiatif-inisiatif kunci perlu dikembangkan, developed, and tracked according to the
dan dipantau kesesuaiannya terhadap targeted timeline and benefit.
target jadwal pelaksanaan dan keuntungan.
Pada akhirnya, kesuksesan strategi Bank In the end, success of the Bank’s strategy
harus dapat diukur. Bank memantau ukuran- should be measurable. The Bank monitors
ukuran kunci berikut ini: the following key measures:
• Posisi pasar, diukur dari peringkat aset • Market position, measured by asset size
rank
• Pertumbuhan bisnis, diukur dari • Business growth, measured by year-on-
pertumbuhan tahunan PBT (laba year PBT (profit before tax) growth
sebelum pajak)
• Efisiensi, diukur dari rasio BOPO • Efficiency, measured by BOPO ratio
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1005
311
Page 1008
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
57. TAMBAHAN INFORMASI ARUS KAS 57. SUPPLEMENTARY CASH FLOW INFORMATION
Perubahan pada liabilitas yang timbul dari aktivitas Changes in liabilities arising from financing
pendanaan pada laporan arus kas konsolidasian activities in the consolidated cash flow statement
adalah sebagai berikut: are as follows:
Perubahan
1 Januari/ Arus Kas/Cash Flows Non Kas/ 31 Desember/
January 1, Penerimaan/ Pembayaran/ Non-Cash December 31,
2025 Proceeds Payment Changes 2025
Pinjaman diterima 14.426.809 - (385.152) - 14.041.657 Borrowings
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 14.803.086 - (6.944.390) - 7.858.696 repurchased agreements
Liabilitas sewa 453.390 - (169.086) 159.249 443.553 Lease liabilities
Surat berharga yang
diterbitkan 3.713.750 2.750.000 (2.545.445) 53.662 3.971.967 Securities issued
Pinjaman Subordinasi 99.484 - - 37 99.521 Subordinated loan
Total 33.496.519 2.750.000 (10.044.073) 212.948 26.415.394 Total
Perubahan
1 Januari/ Arus Kas/Cash Flows Non Kas/ 31 Desember/
January 1, Penerimaan/ Pembayaran/ Non-Cash December 31,
2024 Proceeds Payment Changes 2024
Pinjaman diterima 7.744.928 6.681.881 - - 14.426.809 Borrowings
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 2.017.063 12.786.023 - - 14.803.086 repurchased agreements
Liabilitas sewa 528.247 - (180.787) 105.930 453.390 Lease liabilities
Surat berharga yang
diterbitkan 4.222.181 1.100.000 (1.637.000) 28.569 3.713.750 Securities issued
Pinjaman Subordinasi 99.451 - - 33 99.484 Subordinated loan
Total 14.611.870 20.567.904 (1.817.787) 134.532 33.496.519 Total
1006 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Page 1009
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan untuk Tahun As of December 31, 2025
yang Berakhir Pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
58. TANGGAL PENYELESAIAN LAPORAN KEUANGAN 58. COMPLETION OF THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN STATEMENTS
Manajemen Bank bertanggung jawab atas The management of the Bank is responsible
penyusunan laporan keuangan konsolidasian ini for the preparation of these consolidated financial
yang diselesaikan dan disetujui untuk diterbitkan statements that were completed and authorized
oleh Direksi pada tanggal 25 Februari 2026. to be issued by the Board of Directors on
February 25, 2026.
59. INFORMASI KEUANGAN TERSENDIRI ENTITAS INDUK 59. PARENT ENTITY’S SEPARATE FINANCIAL
INFORMATION
Informasi keuangan tersendiri Entitas Induk hanya The Parent Entity’s separate financial information
menyajikan informasi laporan posisi keuangan only presents information on the statement of
tanggal 31 Desember 2025 dan laporan laba rugi financial position as of December 31, 2025 and the
dan penghasilan komprehensif lain, laporan statement of profit or loss and other comprehensive
perubahan ekuitas dan laporan arus kas untuk income, the statement of changes in equity and the
tahun yang berakhir pada tanggal tersebut, dan statement of cash flow for the year then ended, and
catatan atas investasi pada entitas anak di sajikan notes on investments in Subsidiaries presented
dengan metode biaya. using the cost method.
Laporan keuangan tersendiri Entitas Induk disajikan The Parent Entity’s separate financial statements
pada halaman 314 - 325. are presented on pages 314 – 325.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1007
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Page 1010
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN - STATEMENT OF FINANCIAL POSITION -
ENTITAS INDUK PARENT ENTITY
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
2025 2024
ASET ASSETS
Kas 1.711.576 1.855.759 Cash
Giro pada Bank Indonesia 7.099.181 10.696.358 Current accounts with Bank Indonesia
Giro pada bank lain Current accounts with other banks
Pihak berelasi 115.242 60.915 Related parties
Pihak ketiga 3.118.648 2.329.845 Third parties
3.233.890 2.390.760
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (479) (558) impairment losses
Giro pada bank lain - neto 3.233.411 2.390.202 Current accounts with other banks - net
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 2.788.331 2.998.966 and other banks
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (6.039) - impairment losses
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan Bank bank lain - neto 2.782.292 2.998.966 and other banks - net
Efek-efek yang diperdagangkan 4.553.200 1.941.629 Trading securities
Investasi keuangan Financial investments
Pihak berelasi 654.902 707.442 Related parties
Pihak ketiga 38.996.653 39.992.675 Third parties
39.651.555 40.700.117
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (4.509) (1.015) impairment losses
Investasi keuangan - neto 39.647.046 40.699.102 Financial investments - net
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 204.796 839.475 resale agreements
Dikurangi: Pendapatan bunga
yang belum diamortisasi (3) (1.052) Less: Unamortized interest
204.793 838.423
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (2) (147) impairment losses
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali - neto 204.791 838.276 resale agreements - net
Tagihan derivatif Derivatives receivable
Pihak berelasi 503.709 446.622 Related parties
Pihak ketiga 1.207.585 934.809 Third parties
1.711.294 1.381.431
1008 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
314
Page 1011
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN - STATEMENT OF FINANCIAL POSITION -
ENTITAS INDUK (lanjutan) PARENT ENTITY (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
2025 2024
ASET (lanjutan) ASSETS (continued)
Kredit yang diberikan dan Loans and sharia
piutang/pembiayaan syariah receivables/financing
Pihak berelasi 612.986 345.858 Related parties
Pihak ketiga 108.012.927 113.306.317 Third parties
108.625.913 113.652.175
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (2.968.374) (3.754.834) impairment losses
Kredit yang diberikan dan Loans and sharia
piutang/pembiayaan syariah - neto 105.657.539 109.897.341 receivables/financing - net
Tagihan akseptasi Acceptances receivable
Pihak berelasi 2.157 - Related parties
Pihak ketiga 1.916.520 1.574.241 Third parties
1.918.677 1.574.241
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3.367) (3.176) impairment losses
Tagihan akseptasi - neto 1.915.310 1.571.065 Acceptances receivable - net
Aset pajak tangguhan 277.369 572.544 Deferred tax assets
Aset tetap dan aset hak-guna 5.657.371 5.892.654 Fixed assets and right-of-use assets
Dikurangi: Akumulasi penyusutan (2.125.246) (2.163.211) Less: Accumulated depreciation
Aset tetap dan aset hak-guna - neto 3.532.125 3.729.443 Fixed assets and right-of-use assets- net
Aset tidak berwujud - neto 296.026 309.949 Intangible assets - net
Beban dibayar dimuka dan Prepayments and
aset lain-lain other assets
Pihak berelasi 439.897 149.332 Related parties
Pihak ketiga 6.006.764 4.520.959 Third parties
6.446.661 4.670.291
Dikurangi: Less:
Cadangan kerugian
penurunan nilai (90.236) (79.643) Allowance for impairment losses
Cadangan kerugian (166.094) (169.840) Allowance for possible losses
Beban dibayar dimuka dan Prepayments and
aset lain-lain - neto 6.190.331 4.420.808 other assets - net
JUMLAH ASET 178.811.491 183.302.873 TOTAL ASSETS
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1009
315
Page 1012
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN - STATEMENT OF FINANCIAL POSITION -
ENTITAS INDUK (lanjutan) PARENT ENTITY (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
2025 2024
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera Obligations due immediately
Pihak berelasi 409 1.014 Related parties
Pihak ketiga 2.057.930 781.055 Third parties
2.058.339 782.069
Simpanan nasabah Deposits from customers
Pihak berelasi 898.780 805.847 Related parties
Pihak ketiga 115.807.122 118.599.594 Third parties
116.705.902 119.405.441
Simpanan dari bank lain Deposits from other banks
Pihak berelasi 2.610.117 2.914.963 Related parties
Pihak ketiga 6.519.580 3.105.294 Third parties
9.129.697 6.020.257
Efek-efek yang dijual dengan janji Securities sold under repurchased
dibeli kembali 7.872.178 14.819.967 agreements
Dikurangi: Beban bunga yang Less: Unamortized
belum diamortisasi (13.482) (16.881) interest
Efek-efek yang dijual dengan janji Securities sold under repurchased
dibeli kembali - neto 7.858.696 14.803.086 agreements - net
Liabilitas derivatif Derivatives payable
Pihak berelasi 740.969 508.422 Related parties
Pihak ketiga 629.638 847.999 Third parties
1.370.607 1.356.421
Liabilitas akseptasi Acceptances payable
Pihak berelasi 12.901 56.085 Related parties
Pihak ketiga 1.877.323 1.360.144 Third parties
1.890.224 1.416.229
Surat berharga yang diterbitkan Securities issued
Pihak berelasi - 3.996 Related parties
Pihak ketiga 399.224 694.490 Third parties
399.224 698.486
Pinjaman diterima 8.621.084 9.277.315 Borrowings
Utang pajak 252.448 239.702 Taxes payable
Beban yang masih harus dibayar Accrued expenses
dan liabilitas lain-lain and other liabilities
Pihak berelasi 3.136 6.675 Related parties
Pihak ketiga 3.047.468 3.302.017 Third parties
3.050.604 3.308.692
Pinjaman subordinasi Subordinated loan
Pihak berelasi 99.521 99.484 Related parties
JUMLAH LIABILITAS 151.436.346 157.407.182 TOTAL LIABILITIES
1010 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
316
Page 1013
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN - STATEMENT OF FINANCIAL POSITION -
ENTITAS INDUK (lanjutan) PARENT ENTITY (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
2025 2024
LIABILITAS DAN EKUITAS (lanjutan) LIABILITIES AND EQUITY (continued)
EKUITAS EQUITY
Modal Saham Share Capital
Modal Dasar - Authorized Capital -
476.608.857.231 saham, 476,608,857,231 shares,
terdiri dari: consist of:
388.146.231 saham Seri A 388,146,231 Series A
dengan nilai nominal shares with a par value of
Rp900 (nilai penuh) Rp900 (full amount)
per saham; per share;
8.891.200.000 saham Seri B 8,891,200,000 Series B shares
dengan nilai nominal with a par value of
Rp225 (nilai penuh) Rp225 (full amount)
per saham; dan per share; and
467.329.511.000 saham Seri D 467,329,511,000 Series D
dengan nilai nominal Rp22,50 shares with a par value of Rp22.50
(nilai penuh) per saham (full amount) per share
Modal ditempatkan dan
disetor penuh Issued and paid-up capital
388.146.231 saham Seri A, 388,146,231 Series A Shares,
8.891.200.000 saham Seri B 8,891,200,000 Series B shares
dan 66.935.849.590 saham Seri D 3.855.908 3.855.908 and 66,935,849,590 Series D shares
Tambahan modal disetor 6.357.376 6.357.376 Additional paid-in capital
Surplus revaluasi aset tetap 1.960.252 2.094.567 Fixed assets revaluation surplus
Selisih kurs karena penjabaran Differences arising from the translation of
laporan keuangan dalam mata uang asing 40.951 40.793 foreign currency financial statements
Keuntungan/(kerugian) yang belum
direalisasi atas perubahan nilai wajar Unrealized gain/(losses) on changes
investasi keuangan yang diukur pada nilai wajar in fair value of fair value through other
melalui pendapatan komprehensif lain - comprehensive income financial investments -
setelah pajak tangguhan dan cadangan net of deferred tax and expected credit
atas kerugian kredit ekpektasian 326.958 (350.039) loss allowances
Keuntungan aktuarial atas program manfaat pasti Actuarial gains on defined benefit plan
- setelah pajak tangguhan 461.493 388.017 - net of deferred tax
Cadangan umum 771.182 771.182 General reserve
Saldo laba 13.601.025 12.737.887 Retained earnings
JUMLAH EKUITAS 27.375.145 25.895.691 TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS 178.811.491 183.302.873 TOTAL LIABILITIES AND EQUITY
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1011
317
Page 1014
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN LABA RUGI STATEMENT OF PROFIT OR LOSS
DAN PENGHASILAN KOMPREHENSIF AND OTHER COMPREHENSIVE
LAIN - ENTITAS INDUK INCOME - PARENT ENTITY
Untuk Tahun yang Berakhir For Year Ended
Pada Tanggal 31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
31 Desember/Year Ended December 31
2025 2024
PENDAPATAN DAN BEBAN OPERASIONAL OPERATING INCOME AND EXPENSES
Pendapatan dan beban bunga dan Syariah Interest and Sharia income and expenses
Pendapatan bunga dan Syariah Interest and Sharia income
Pendapatan bunga 7.703.452 7.646.263 Interest income
Pendapatan Syariah 2.666.920 2.636.767 Sharia income
10.370.372 10.283.030
Beban bunga dan Syariah Interest and Sharia expense
Beban bunga 4.283.549 4.079.213 Interest expense
Beban Syariah 1.166.329 1.348.497 Sharia expense
5.449.878 5.427.710
Pendapatan bunga dan Syariah neto 4.920.494 4.855.320 Net interest and Sharia income
Pendapatan/(beban) operasional lainnya Other operating income/(expenses)
Pendapatan operasional lainnya: Other operating income:
Provisi dan komisi selain Fees and commissions
dari kredit yang diberikan 359.880 368.962 other than from loans
Keuntungan/(kerugian) transaksi Gains/(losses) on foreign exchange
mata uang asing - neto 91.459 (226.209) transactions - net
Keuntungan penjualan efek-efek Gains on sale of
yang diperdagangkan dan trading securities and
investasi keuangan - neto 345.647 132.339 financial investments - net
Kenaikan/(penurunan) nilai efek-efek Increase/(decrease) in value of
yang diperdagangkan - neto 3.857 (8.408) trading securities - net
Pendapatan lainnya 1.279.025 1.659.796 Other fee income
Jumlah pendapatan operasional Total other operating
lainnya 2.079.868 1.926.480 income
Beban operasional lainnya: Other operating expenses:
Penyisihan kerugian penurunan nilai Provision for impairment losses
atas instrumen keuangan-neto 412.682 930.208 on financial instruments - net
Penyisihan kerugian atas Provision for possible losses
aset non-produktif 16.853 16.168 on non-earning assets
Umum dan administrasi 2.304.985 2.251.541 General and administrative
Tenaga kerja 2.701.069 2.682.401 Personnel
Jumlah beban Total other operating
operasional lainnya 5.435.589 5.880.318 expenses
Beban operasional Other operating expenses -
lainnya - neto (3.355.721) (3.953.838) net
LABA OPERASIONAL - NETO 1.564.773 901.482 OPERATING INCOME NET
PENDAPATAN NON OPERATING
NON-OPERASIONAL - NETO 102.437 14.976 INCOME - NET
LABA SEBELUM BEBAN PAJAK 1.667.210 916.458 INCOME BEFORE TAX EXPENSE
BEBAN PAJAK - NETO (357.687) (206.891) TAX EXPENSE - NET
LABA TAHUN BERJALAN 1.309.523 709.567 INCOME FOR THE YEAR
1012 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
318
Page 1015
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN LABA RUGI STATEMENT OF PROFIT OR LOSS
DAN PENGHASILAN KOMPREHENSIF AND OTHER COMPREHENSIVE
LAIN - ENTITAS INDUK (lanjutan) INCOME - PARENT ENTITY (continued)
Untuk Tahun yang Berakhir For the Year Ended
Pada Tanggal 31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
31 Desember/Year Ended December 31
2025 2024
Pendapatan komprehensif lainnya: Other comprehensive income:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi: subsequently to profit or loss:
Keuntungan aktuarial atas program manfaat pasti 94.199 87.475 Actuarial gains on defined benefit plan
(Kerugian)/keuntungan revaluasi aset tetap (134.315) 124.632
(Losses)/gains on fixed assets revaluation
Pajak penghasilan terkait dengan komponen Income tax relating to components of
pendapatan komprehensif lainnya (20.723) (19.245) other comprehensive income
(60.839) 192.862
Items that may be reclassified
Pos-pos yang akan direklasifikasi ke laba rugi: subsequently to profit or loss:
Selisih kurs karena penjabaran laporan keuangan Differences arising from the translation of foreign
dalam mata uang asing 158 (1.349) currency financial statements
Fair value changes of financial investment
Perubahan nilai wajar investasi keuangan yang measured at fair value through
tersedia untuk dijual 869.230 (234.816) other comprehensive income
Pajak penghasilan terkait dengan komponen Income tax relating to components of
pendapatan komprehensif lainnya (192.233) 52.101
other comprehensive income
677.155 (184.064)
Laba komprehensif lainnya - setelah pajak 616.316 8.798 Other comprehensive income - net of tax
Jumlah laba komprehensif selama tahun Total comprehensive
berjalan 1.925.839 718.365 income for the year
Laba tahun berjalan yang
dapat diatribusikan kepada: Income for the year attributable to:
Pemilik entitas induk 1.309.523 709.567 Equity holders of the parent company
Jumlah laba komprehensif selama tahun Total comprehensive income
berjalan yang dapat diatribusikan kepada: for the year attributable to:
Pemilik entitas induk 1.925.839 718.365 Equity holders of the parent company
LABA PER SAHAM DASAR BASIC EARNINGS PER SHARE
(nilai penuh) 17,18 9,31 (full amount)
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1013
319
Page 1016
1014
The original parent entity financial statements included herein are in the Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN PERUBAHAN EKUITAS - ENTITAS INDUK STATEMENT OF CHANGES IN EQUITY - PARENT ENTITY
Untuk Tahun yang Berakhir Pada Tanggal 31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Dapat diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent company
(Kerugian)/keuntungan yang belum
direalisasi atas
perubahan nilai wajar
investasi keuangan yang
diukur pada nilai wajar
melalui pendapatan
Selisih kurs komprehensif lain - Keuntungan
karena penjabaran setelah pajak tangguhan dan aktuarial atas
laporan keuangan cadangan atas kerugian program
dalam mata kredit ekspektasian/ manfaat pasti -
uang asing/ Unrealized (losses)/gains on setelah pajak
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Tambahan Surplus Differences changes in fair value of fair value tangguhan/
modal revaluasi arising from through other comprehensive Actuarial gains
Modal disetor/ aset tetap/ the translation income financial on defined Cadangan Saldo
saham/ Additional Fixed assets of foreign investments - net of benefit plan- umum/ laba/
Share paid-in revaluation currency financial deferred tax and expected net of General Retained Jumlah/
capital capital surplus statements credit loss allowances deferred tax reserve earnings Total
Saldo 31 Desember 2024 3.855.908 6.357.376 2.094.567 40.793 (350.039) 388.017 771.182 12.737.887 25.895.691 Balance as of December 31, 2024
Kenaikan atas selisih kurs karena Increase in foreign exchange differences arising
penjabaran laporan keuangan from the translation of overseas branches'
cabang luar negeri dalam mata uang asing - - 158 - - - - 158 foreign currency financial statements
Kerugian revaluasi aset tetap - - (134.315) - - - - - (134.315) Losses on fixed assets revaluation
Perubahan nilai wajar investasi keuangan Changes in fair value of fair value
yang diukur pada nilai wajar melalui pendapatan through other comprehensive income
komprehensif lain - setelah pajak tangguhan dan financial investments - net of deferred tax
cadangan atas kerugian kredit ekspektasian - - - - 676.997 - - - 676.997 and expected credit loss allowances
Keuntungan aktuarial atas program manfaat pasti - Actuarial gains on defined benefit plan - net
setelah pajak tangguhan - - - - - 73.476 - - 73.476 of deferred tax
Pembagian dividen tunai - - - - - - - (446.385) (446.385) Distribution of cash dividend
Laba tahun berjalan - - - - - - - 1.309.523 1.309.523 Income for the year
Saldo 31 Desember 2025 3.855.908 6.357.376 1.960.252 40.951 326.958 461.493 771.182 13.601.025 27.375.145 Balance as of December 31, 2025
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
320
Page 1017
The original parent entity financial statements included herein are in the Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN PERUBAHAN EKUITAS - ENTITAS INDUK (lanjutan) STATEMENT OF CHANGES IN EQUITY - PARENT ENTITY (continued)
Untuk Tahun yang Berakhir Pada Tanggal 31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Dapat diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent company
Kerugian yang
belum direalisasi atas
perubahan nilai wajar
investasi keuangan yang
diukur pada nilai wajar
melalui pendapatan
Selisih kurs komprehensif lain - Keuntungan
karena penjabaran setelah pajak tangguhan dan aktuarial atas
laporan keuangan cadangan atas kerugian program
dalam mata kredit ekspektasian/ manfaat pasti -
uang asing/ Unrealized losses on changes setelah pajak
Tambahan Surplus Differences in fair value of fair value tangguhan/
modal revaluasi arising from through other comprehensive Actuarial gains
Modal disetor/ aset tetap/ the translation income financial on defined Cadangan Saldo
saham/ Additional Fixed assets of foreign investments - net of benefit plan- umum/ laba/
Share paid-in revaluation currency financial deferred tax and expected net of General Retained Jumlah/
capital capital surplus statements credit loss allowances deferred tax reserve earnings Total
Saldo 31 Desember 2023 3.855.908 6.357.376 1.969.935 42.142 (167.324) 319.787 771.182 12.812.853 25.961.859 Balance as of December 31, 2023
Strenghtening the Core, Accelerating Forward
Penurunan atas selisih kurs karena Decrease in foreign exchange differences arising
penjabaran laporan keuangan from the translation of overseas branches'
cabang luar negeri dalam mata uang asing - - - (1.349) - - - - (1.349) foreign currency financial statements
Keuntungan revaluasi aset tetap - - 124.632 - - - - - 124.632 Gains on fixed assets revaluation
Perubahan nilai wajar investasi keuangan Changes in fair value of fair value through
yang diukur pada nilai wajar melalui pendapatan other comprehensive income
komprehensif lain - setelah pajak tangguhan dan financial investments - net of deferred tax
cadangan atas kerugian kredit ekspektasian - - - - (182.715) - - - (182.715) and expected credit loss allowances
Keuntungan aktuarial atas program manfaat pasti - Actuarial gains on defined benefit plan - net
setelah pajak tangguhan - - - - - 68.230 - - 68.230 of deferred tax
Pembagian dividen tunai - - - - - - - (784.533) (784.533) Distribution of cash dividend
Laba tahun berjalan - - - - - - - 709.567 709.567 Income for the year
Saldo 31 Desember 2024 3.855.908 6.357.376 2.094.567 40.793 (350.039) 388.017 771.182 12.737.887 25.895.691 Balance as of December 31, 2024
321
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
1015
Page 1018
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN ARUS KAS - STATEMENT OF CASH FLOWS -
ENTITAS INDUK PARENT ENTITY
Untuk Tahun yang Berakhir For the Year Ended
Pada Tanggal 31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
31 Desember/Year Ended December 31
2025 2024
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
OPERASI OPERATING ACTIVITIES
Penerimaan pendapatan bunga dan Syariah 10.220.707 10.231.105 Proceeds from interest and Sharia income
Pembayaran beban bunga dan Syariah (5.544.490) (5.401.892) Payment of interest and Sharia expense
Beban umum dan administrasi General and administrative expenses
yang dibayar (1.756.790) (1.818.654) paid
Tenaga kerja dan tunjangan
yang dibayar (2.689.468) (2.480.341) Personnel expenses paid
Pendapatan operasional lainnya Other operating income
yang diterima 1.283.551 1.631.181 received
Pembayaran pajak penghasilan (334.730) (186.699) Payment of income tax
Penerimaan/(pembayaran) pendapatan/ Income received/(expenses paid)/ for
(beban) non-operasional - neto 96.632 (15.619) non-operating income/(expenses) - net
Arus kas dari aktivitas operasi Cash flows from operating
sebelum perubahan aset activities before changes in
dan liabilitas operasi 1.275.412 1.959.081 operating assets and liabilities
(Kenaikan)/penurunan aset operasi: (Increase)/decrease in operating assets:
Efek-efek yang diperdagangkan (2.607.714) (652.350) Trading securities
Tagihan atas wesel ekspor 209.665 (1.309.643) Receivables from export bills
Kredit yang diberikan dan Loans and Sharia
piutang/pembiayaan Syariah 3.821.280 (11.665.939) receivables/financing
Beban dibayar dimuka dan aset lain-lain (1.304.950) (449.751) Prepayments and other assets
Kenaikan/(penurunan) liabilitas Increase/(decrease) in operating
operasi: liabilities:
Liabilitas segera 1.276.270 (46.463) Obligations due immediately
Simpanan dari nasabah dan Deposits from customers and
bank lain 409.901 4.758.860 other banks
Liabilitas lain-lain (179.574) (66.791) Other liabilities
Kas neto diperoleh dari/(digunakan untuk) Net cash provided by/(used in)
aktivitas operasi 2.900.290 (7.472.996) operating activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
INVESTASI INVESTING ACTIVITIES
Penjualan/(pembelian) efek-efek
yang diukur pada nilai wajar melalui Sale/(purchase) of marketable securities
pendapatan komprehensif lain measured at fair value through
dan yang diukur pada biaya other comprehensive income
perolehan yang diamortisasi 2.055.037 (8.137.998) and measured at amortized cost
Penjualan efek-efek yang dibeli Sale of securities purchased
dengan janji dijual kembali 633.630 1.494.699 under resale agreements
Penerimaan dari penjualan aset tetap 4.949 5.989 Proceeds from sale of fixed assets
Penambahan nilai aset hak-guna (41.002) (19.168) Addition of right-of-use assets
Pembelian aset tidak berwujud (104.005) (129.052) Acquisition of intangible asset
Pembelian aset tetap (279.400) (320.860) Acquisition of fixed assets
Kas neto diperoleh dari/(digunakan untuk) Net cash provided by/(used in)
dari aktivitas investasi 2.269.209 (7.106.390) investing activities
1016 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
322
Page 1019
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN ARUS KAS - STATEMENT OF CASH FLOWS -
ENTITAS INDUK (lanjutan) PARENT ENTITY (continued)
Untuk Tahun yang Berakhir For Year Ended
Pada Tanggal 31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal
31 Desember/Year Ended December 31
2025 2024
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
PENDANAAN FINANCING ACTIVITIES
(Pembelian)/penjualan efek-efek yang dijual (Purchase)/sale of securities sold
dengan janji dibeli kembali (6.944.390) 12.786.023 under repurchased agreements
(Pembayaran)/penerimaan dari pinjaman diterima (656.231) 6.515.569 (Payment)/proceeds from borrowings
Pembayaran liabilitas sewa (158.905) (166.557) Payment of lease liabilities
Pelunasan dari surat berharga
yang diterbitkan (300.000) (368.000) Repayment from securities issued
Pembayaran dividen (446.335) (784.444) Dividend payment
Kas neto (digunakan untuk)/diperoleh dari Net cash (used in)/provided by
aktivitas pendanaan (8.505.861) 17.982.591 financing activities
(PENURUNAN)/KENAIKAN NETO KAS NET (DECREASE)/INCREASE IN
DAN SETARA KAS (3.336.362) 3.403.205 CASH AND CASH EQUIVALENTS
CASH AND CASH
KAS DAN SETARA KAS EQUIVALENTS AT
AWAL TAHUN 17.941.843 14.283.481 BEGINNING OF YEAR
Pengaruh perubahan kurs mata Effect of foreign exchange
uang asing 227.497 255.157 rate changes
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS AT
AKHIR TAHUN 14.832.978 17.941.843 END OF YEAR
PENGUNGKAPAN TAMBAHAN SUPPLEMENTARY DISCLOSURES
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 1.711.576 1.855.759 Cash
Giro pada Bank Indonesia 7.099.181 10.696.358 Current accounts with Bank Indonesia
Giro pada bank lain 3.233.890 2.390.760 Current accounts with other banks
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain yang jatuh tempo and other banks that will mature
dalam 3 bulan dari tanggal within 3 months from
akuisisi 2.788.331 2.998.966 the date of acquisition
Jumlah kas dan setara kas 14.832.978 17.941.843 Total cash and cash equivalents
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1017
323
Page 1020
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
LAPORAN ARUS KAS - STATEMENT OF CASH FLOWS -
ENTITAS INDUK (lanjutan) PARENT ENTITY (continued)
Untuk Tahun yang Berakhir For the Year Ended
Pada Tanggal 31 Desember 2025 December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Perubahan pada liabilitas yang timbul dari Changes in liabilities arising from financing
aktivitas pendanaan pada laporan arus kas activities in the parent entity cash flow statement
entitas induk adalah sebagai berikut: are as follows:
Perubahan
1 Januari/ Arus Kas/Cash Flows Non Kas/ 31 Desember/
January 1, Penerimaan/ Pembayaran/ Non-Cash December 31,
2025 Proceeds Payment Changes 2025
Pinjaman diterima 9.277.315 - (656.231) - 8.621.084 Borrowings
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 14.803.086 - (6.944.390) - 7.858.696 repurchased agreements
Liabilitas sewa 421.376 - (158.905) 157.313 419.784 Lease liabilities
Surat berharga yang
diterbitkan 698.486 - (300.000) 738 399.224 Securities issued
Pinjaman Subordinasi 99.484 - - 37 99.521 Subordinated loan
Total 25.299.747 - (8.059.526) 158.088 17.398.309 Total
Perubahan
1 Januari/ Arus Kas/Cash Flows Non Kas/ 31 Desember/
January 1, Penerimaan/ Pembayaran/ Non-Cash December 31,
2024 Proceeds Payment Changes 2024
Pinjaman diterima 2.761.746 6.515.569 - - 9.277.315 Borrowings
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 2.017.063 12.786.023 - - 14.803.086 repurchased agreements
Liabilitas sewa 487.105 - (166.557) 100.828 421.376 Lease liabilities
Surat berharga yang
diterbitkan 1.065.304 - (368.000) 1.182 698.486 Securities issued
Pinjaman Subordinasi 99.451 - - 33 99.484 Subordinated loan
Total 6.430.669 19.301.592 (534.557) 102.043 25.299.747 Total
324
1018 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 1021
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
The original parent entity financial statements included herein are in the
Indonesian language.
PT BANK MAYBANK INDONESIA Tbk PT BANK MAYBANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN - NOTES TO THE FINANCIAL
ENTITAS INDUK STATEMENTS - PARENT ENTITY
Tanggal 31 Desember 2025 serta untuk As of December 31, 2025
Tahun yang Berakhir pada Tanggal Tersebut and For the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. IKHTISAR KEBIJAKAN AKUNTANSI PENTING 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Dasar penyusunan laporan keuangan tersendiri Basis of preparation of the separate financial
entitas induk statements of the parent company
Laporan keuangan tersendiri entitas induk disusun sesuai The separate financial statements of the parent
dengan Pernyataan Standar Akuntansi Keuangan company are prepared in accordance with the
(“PSAK”) No.227 (Revisi 2013), “Laporan Keuangan Statement of Financial Accounting Standards (“SFAS”)
Tersendiri”. No.227 (Revised 2013), “Separate Financial
Statements”.
PSAK No.227 (Revisi 2013) mengatur dalam hal entitas SFAS No.227 (Revised 2013) regulates that when a
menyajikan laporan keuangan tersendiri maka laporan company presents the separate financial statements,
tersebut hanya dapat disajikan sebagai informasi such financial statements should be presented as
tambahan dalam laporan keuangan konsolidasian. supplementary information to the consolidated
Laporan keuangan tersendiri adalah laporan keuangan financial statements. Separate financial statements
yang disajikan oleh entitas induk yang mencatat are those presented by a parent, in which the
investasi pada entitas anak, entitas asosiasi dan investments in subsidiaries, associates and joint
pengendalian bersama entitas berdasarkan kepemilikan ventures are accounted for on the basis of the direct
ekuitas langsung bukan berdasarkan pelaporan hasil equity interest rather than on the basis of the reported
dan aset neto investee. results and net assets of the investees.
Kebijakan akuntansi yang diterapkan dalam penyusunan Accounting policies adopted in the preparation of the
laporan keuangan tersendiri entitas induk adalah sama parent company separate financial statements are
dengan kebijakan akuntasi yang diterapkan dalam the same as the accounting policies adopted in the
penyusunan laporan keuangan konsolidasian preparation of the consolidated financial statements
sebagaimana diungkapkan dalam Catatan 2 atas as disclosed in Note 2 to the consolidated financial
laporan keuangan konsolidasian, kecuali untuk statements, except for investments in subsidiaries, in
penyertaan pada entitas anak yang di dalam laporan which the parent entity financial information uses cost
keuangan tersendiri entitas induk dicatat menggunakan method.
metode biaya.
2. PENYERTAAN SAHAM PADA ENTITAS ANAK 2. INVESTMENTS IN SHARES OF SUBSIDIARIES
Informasi mengenai entitas anak yang dimiliki Bank Information pertaining to subsidiaries owned by the
diungkapkan dalam Catatan 1.b atas laporan keuangan Bank is disclosed in Note 1.b to the consolidation
konsolidasian. financial statements.
Pada tanggal 31 Desember 2025 dan 2024 entitas induk As of December 31, 2025 and 2024 the parent
memiliki penyertaan saham pada entitas anak berikut: company has the following investments in shares of
subsidiaries:
Persentase kepemilikan/
Percentage of ownership
1020000
31 Desember/ 31 Desember/
December 31, December 31,
Entitas anak 2025 2024 Subsidiaries
PT Maybank Indonesia Finance 99,99% 99,99% PT Maybank Indonesia Finance
PT Wahana Ottomitra Multiartha Tbk 67,49% 67,49% PT Wahana Ottomitra Multiartha Tbk
Biaya perolehan/Acquisition cost
1020000
31 Desember/ 31 Desember/
December 31, December 31,
Entitas anak 2025 2024 Subsidiaries
PT Maybank Indonesia Finance 32.370 32.370 PT Maybank Indonesia Finance
PT Wahana Ottomitra Multiartha Tbk 781.431 781.431 PT Wahana Ottomitra Multiartha Tbk
325
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1019
Page 1022
Page 1023
Parent
Company
Consolidated
Financial
Statements
2025
Page 1024
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
MALAYAN BANKING BERHAD
(Co. Reg. No.: 196001000142)
(Incorporated in Malaysia)
CONDENSED FINANCIAL STATEMENTS
INCOME STATEMENTS
FOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED 31 DECEMBER 2025
Unaudited Audited
Fourth Quarter Ended Cumulative 12 Months Ended
Group 31 December 31 December 31 December 31 December
2025 2024 2025 2024
Note RM'000 RM'000 RM'000 RM'000
Interest income A20 6,956,662 8,055,836 29,351,194 32,769,873
Interest expense A21 (3,462,412) (4,703,217) (16,194,182) (19,962,450)
Net interest income 3,494,250 3,352,619 13,157,012 12,807,423
Income from Islamic Banking Scheme
operations A40a 2,285,657 2,016,899 8,653,273 8,346,399
Insurance/takaful service result A22 584,590 352,710 1,755,748 1,284,513
Other operating income A24 1,495,566 1,951,843 9,019,554 9,066,000
Total operating income 7,860,063 7,674,071 32,585,587 31,504,335
Net insurance/takaful investment/finance result A25 (340,913) (252,035) (2,206,086) (1,931,829)
Net operating income 7,519,150 7,422,036 30,379,501 29,572,506
Overhead expenses A26 (3,658,346) (3,687,474) (14,839,199) (14,460,235)
Operating profit before impairment losses 3,860,804 3,734,562 15,540,302 15,112,271
Allowances for impairment losses on loans,
advances, financing and other debts, net A27 (8,976) (444,844) (562,136) (1,670,545)
(Allowances for)/writeback of impairment
losses on financial investments, net A28 (175,433) 83,689 (847,242) 42,353
Allowances for impairment losses on other
assets and interest in an associate, net A29 (41,470) (12,199) (71,398) (18,816)
Operating profit 3,634,925 3,361,208 14,059,526 13,465,263
Share of profits in associates and joint ventures 86,904 52,932 274,268 236,302
Profit before taxation and zakat 3,721,829 3,414,140 14,333,794 13,701,565
Taxation and zakat B5 (955,404) (739,218) (3,502,446) (3,195,179)
Profit for the financial period/year 2,766,425 2,674,922 10,831,348 10,506,386
Attributable to:
Equity holders of the Bank 2,675,658 2,532,232 10,513,948 10,088,673
Non-controlling interests 90,767 142,690 317,400 417,713
2,766,425 2,674,922 10,831,348 10,506,386
Earnings per share attributable to
equity holders of the Bank
Basic/diluted B12 22.15 sen 20.98 sen 87.05 sen 83.61 sen
(These audited condensed interim financial statements should be read in conjunction with the audited annual
financial statements for the financial year ended 31 December 2024 and the accompanying explanatory notes
attached to these financial statements)
1
1022 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 1025
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
MALAYAN BANKING BERHAD
(Co. Reg. No.: 196001000142)
(Incorporated in Malaysia)
CONDENSED FINANCIAL STATEMENTS
STATEMENTS OF COMPREHENSIVE INCOME
FOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED 31 DECEMBER 2025
Unaudited Audited
Fourth Quarter Ended Cumulative 12 Months Ended
Group 31 December 31 December 31 December 31 December
2025 2024 2025 2024
RM'000 RM'000 RM'000 RM'000
Profit for the financial period/year 2,766,425 2,674,922 10,831,348 10,506,386
Other comprehensive (loss)/income:
Items that will not be reclassified subsequently
to profit or loss:
Defined benefit plan actuarial gain 3,722 27,387 38,565 22,259
Income tax effect (7,572) (6,138) (7,540) (6,548)
Net (loss)/gain from change in fair value on
equity instruments at fair value through
other comprehensive income (226,177) 18,230 (175,314) 97,998
(230,027) 39,479 (144,289) 113,709
Items that may be reclassified subsequently
to profit or loss:
Net (loss)/gain on debt instruments at fair value
through other comprehensive income (137,899) (760,912) 710,352 (775,241)
- Net loss from change in fair value (712,487) (841,802) (32,587) (840,246)
- Changes in expected credit losses 360,057 (118,166) 666,069 (153,283)
- Income tax effect 214,531 199,056 76,870 218,288
Net (loss)/gain on foreign exchange translation (1,553,987) 1,485,107 (3,986,444) (2,444,251)
Cost of hedging for fair value hedge 963 (31,739) 6,145 (53,062)
Net loss on capital reserve (268) (499) (548) (1,483)
Net gain on revaluation reserve - - 1 3
Share of change in associatesʼ reserve (139,471) 158 (191,599) (276,482)
Net insurance finance/investment result 96,416 48,037 (54,324) (107,690)
(1,734,246) 740,152 (3,516,417) (3,658,206)
Other comprehensive (loss)/gain for the
financial period/year, net of tax (1,964,273) 779,631 (3,660,706) (3,544,497)
Total comprehensive income for the
financial period/year 802,152 3,454,553 7,170,642 6,961,889
Other comprehensive (loss)/income for the
financial period/year, attributable to:
Equity holders of the Bank (1,944,530) 781,579 (3,653,847) (3,548,191)
Non-controlling interests (19,743) (1,948) (6,859) 3,694
(1,964,273) 779,631 (3,660,706) (3,544,497)
Total comprehensive income for the
financial period/year, attributable to:
Equity holders of the Bank 731,128 3,313,811 6,860,101 6,540,482
Non-controlling interests 71,024 140,742 310,541 421,407
802,152 3,454,553 7,170,642 6,961,889
(These audited condensed interim financial statements should be read in conjunction with the audited annual
financial statements for the financial year ended 31 December 2024 and the accompanying explanatory notes
attached to these financial statements)
2
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1023
Page 1026
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
MALAYAN BANKING BERHAD
(Co. Reg. No.: 196001000142)
(Incorporated in Malaysia)
CONDENSED FINANCIAL STATEMENTS
INCOME STATEMENTS
FOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED 31 DECEMBER 2025
Unaudited Audited
Fourth Quarter Ended Cumulative 12 Months Ended
Bank 31 December 31 December 31 December 31 December
2025 2024 2025 2024
Note RM'000 RM'000 RM'000 RM'000
Interest income A20 4,890,877 5,575,782 20,200,643 22,887,904
Interest expense A21 (2,790,177) (3,740,651) (12,818,316) (15,869,379)
Net interest income 2,100,700 1,835,131 7,382,327 7,018,525
Dividends from subsidiaries and associates A23 154,517 121,474 5,537,700 4,191,743
Other operating income A24 1,015,484 1,244,298 5,904,972 5,796,183
1,170,001 1,365,772 11,442,672 9,987,926
Net operating income 3,270,701 3,200,903 18,824,999 17,006,451
Overhead expenses A26 (1,821,149) (1,840,832) (7,137,004) (6,893,494)
Operating profit before impairment losses 1,449,552 1,360,071 11,687,995 10,112,957
Writeback of/(allowances for) impairment
losses on loans, advances, financing
and other debts, net A27 294,830 (321,702) 335,612 (148,291)
Writeback of/(allowances for) impairment
on financial investments, net A28 14,369 126,758 (2,405) 136,132
Writeback of/(allowances for) impairment
losses on other assets and investment
in a subsidiary, net A29 5,748 (606) (348,283) (12,112)
Profit before taxation and zakat 1,764,499 1,164,521 11,672,919 10,088,686
Taxation and zakat B5 (386,310) (211,192) (1,561,084) (1,434,846)
Profit for the financial period/year 1,378,189 953,329 10,111,835 8,653,840
(These audited condensed interim financial statements should be read in conjunction with the audited annual
financial statements for the financial year ended 31 December 2024 and the accompanying explanatory notes
attached to these financial statements)
3
1024 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 1027
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
MALAYAN BANKING BERHAD
(Co. Reg. No.: 196001000142)
(Incorporated in Malaysia)
CONDENSED FINANCIAL STATEMENTS
STATEMENTS OF COMPREHENSIVE INCOME
FOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED 31 DECEMBER 2025
Unaudited Audited
Fourth Quarter Ended Cumulative 12 Months Ended
Bank 31 December 31 December 31 December 31 December
2025 2024 2025 2024
RM'000 RM'000 RM'000 RM'000
Profit for the financial period/year 1,378,189 953,329 10,111,835 8,653,840
Other comprehensive (loss)/income:
Items that will not be reclassified subsequently
to profit or loss:
Net (loss)/gain from change in fair value on
equity instruments at fair value through
other comprehensive income (152,228) (699) (82,016) 5,936
Items that may be reclassified subsequently
to profit or loss:
Net loss on debt instruments at fair value
through other comprehensive income (317,090) (458,007) (86,451) (641,800)
- Net loss from change in fair value (479,343) (429,666) (267,605) (603,920)
- Changes in expected credit losses 10,777 (131,447) 80,455 (182,776)
- Income tax effect 151,476 103,106 100,699 144,896
Net (loss)/gain on foreign exchange translation (624,349) 739,522 (1,542,114) (698,614)
Cost of hedging for fair value hedge 963 (31,739) 6,145 (53,062)
(940,476) 249,776 (1,622,420) (1,393,476)
Other comprehensive (loss)/gain for the
financial period/year, net of tax (1,092,704) 249,077 (1,704,436) (1,387,540)
Total comprehensive income for the
financial period/year 285,485 1,202,406 8,407,399 7,266,300
(These audited condensed interim financial statements should be read in conjunction with the audited annual
financial statements for the financial year ended 31 December 2024 and the accompanying explanatory notes
attached to these financial statements)
4
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1025
Page 1028
08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
MALAYAN BANKING BERHAD
(Co. Reg. No.: 196001000142)
(Incorporated in Malaysia)
CONDENSED FINANCIAL STATEMENTS
AUDITED STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
Group Bank
31 December 31 December 31 December 31 December
2025 2024 2025 2024
Note RM'000 RM'000 RM'000 RM'000
ASSETS
Cash and short-term funds 28,328,140 40,522,520 23,860,757 27,212,276
Deposits and placements with financial
institutions 14,030,366 22,275,032 29,613,139 38,309,616
Financial assets purchased under resale agreements 8,812,426 16,630,783 9,736,966 17,608,327
Financial assets designated upon initial recognition
at fair value through profit or loss A10(i) 12,905,693 12,933,334 - -
Financial investments at fair value through
profit or loss A10(ii) 46,066,479 33,274,540 21,483,165 15,404,523
Financial investments at fair value through
other comprehensive income A10(iii) 116,964,234 128,177,404 65,619,846 68,927,203
Financial investments at amortised cost A10(iv) 80,786,440 79,377,492 67,965,825 64,681,307
Loans, advances and financing to
financial institutions A11(i) 907,213 2,033,225 49,564,603 48,321,215
Loans, advances and financing to customers A11(ii) 676,981,380 662,740,860 221,415,399 233,474,014
Derivative assets A36 17,640,228 23,417,580 17,405,045 23,331,778
Insurance contract/takaful certificate assets A12(i) 103,165 75,199 - -
Reinsurance contract/retakaful certificate assets A12(ii) 5,274,445 5,910,059 - -
Other assets A13 17,316,342 15,486,024 11,827,919 9,423,930
Investment properties 1,042,622 1,038,657 - -
Statutory deposits with central banks 11,958,915 17,166,509 3,051,218 4,648,095
Investment in subsidiaries - - 37,133,790 35,575,751
Interest in associates and joint ventures 1,832,384 1,857,728 438,859 438,859
Property, plant and equipment 2,458,303 2,283,097 987,923 861,851
Right-of-use assets 1,924,027 1,456,464 1,285,210 460,130
Intangible assets 6,532,573 6,993,290 815,001 664,603
Deferred tax assets 1,718,218 1,672,159 385,973 296,655
TOTAL ASSETS 1,053,583,593 1,075,321,956 562,590,638 589,640,133
LIABILITIES
Customersʼ funding:
- Deposits from customers A14 698,210,227 712,915,459 300,346,778 310,608,986
- Investment accounts of customers1 A40g 32,782,974 28,981,847 - -
Deposits and placements from financial institutions A15 42,587,329 47,051,220 69,888,618 76,999,224
Obligations on financial assets sold under
repurchase agreements 25,899,425 32,831,691 33,949,068 46,954,812
Derivative liabilities A36 24,535,876 27,494,477 24,156,646 26,984,480
Financial liabilities at fair value through
profit or loss A16 9,583,737 11,943,454 6,748,860 7,429,042
Bills and acceptances payable 1,452,395 1,214,634 608,709 466,170
Insurance contract/takaful certificate liabilities A12(i) 47,093,930 46,102,335 - -
Reinsurance contract/retakaful certificate liabilities A12(ii) 32,762 27,063 - -
Other liabilities A18 29,115,493 27,507,979 14,814,278 13,692,978
Provision for taxation and zakat 395,791 294,643 - -
Deferred tax liabilities 814,707 755,338 - -
Borrowings A17(i) 28,207,145 28,260,101 16,802,922 15,546,427
Subordinated obligations A17(ii) 14,452,872 11,157,808 14,138,570 10,843,439
Capital securities A17(iii) 1,577,087 1,576,770 1,577,087 1,576,770
TOTAL LIABILITIES 956,741,750 978,114,819 483,031,536 511,102,328
1
Investment accounts of customers are used to fund financing and advances as disclosed in Note A40e.
5
1026 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 1029
Strenghtening the Core, Accelerating Forward 08 / C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
MALAYAN BANKING BERHAD
(Co. Reg. No.: 196001000142)
(Incorporated in Malaysia)
CONDENSED FINANCIAL STATEMENTS
AUDITED STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
Group Bank
31 December 31 December 31 December 31 December
2025 2024 2025 2024
Note RM'000 RM'000 RM'000 RM'000
EQUITY ATTRIBUTABLE TO EQUITY
HOLDERS OF THE BANK
Share capital 54,882,333 54,736,195 54,882,333 54,736,195
Shares held-in-trust (78) (1,764) (78) (1,764)
Retained profits 37,756,235 34,028,358 20,053,014 16,822,741
Reserves 806,137 5,207,839 4,623,833 6,980,633
93,444,627 93,970,628 79,559,102 78,537,805
Non-controlling interests 3,397,216 3,236,509 - -
96,841,843 97,207,137 79,559,102 78,537,805
TOTAL LIABILITIES AND SHAREHOLDERSʼ
EQUITY 1,053,583,593 1,075,321,956 562,590,638 589,640,133
COMMITMENTS AND CONTINGENCIES A34 2,069,301,088 2,919,100,070 1,965,141,573 2,803,815,918
CAPITAL ADEQUACY A35
The capital adequacy ratios of the Group and
of the Bank are as follows:
CET1 Capital Ratio 16.041% 15.765% 15.558% 15.210%
Tier 1 Capital Ratio 16.419% 16.135% 15.787% 15.433%
Total Capital Ratio 19.960% 18.906% 19.599% 18.325%
Net assets per share attributable to
equity holders of the Bank RM7.73 RM7.79 RM6.59 RM6.51
(These audited condensed interim financial statements should be read in conjunction with the audited annual financial statements
for the financial year ended 31 December 2024 and the accompanying explanatory notes attached to these financial statements)
6
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1027
Page 1030
Annual Report 2025
Cross Reference
SEOJK No. 16/SEOJK.04/2021: Annual Report of 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) share-
holders 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- list-
√
ed 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 run- √
ning 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 com-
pany, 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 Com-
missioners 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 com-
pany, 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 re-
ferred 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 associa-
tion 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 supervi- √
sion 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 ap-
√
plied in preparing Annual Reports and Sustainability Reports.
1028 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
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 for-
√
mat.
III. Content Of Annual Report
1. Annual Report should contain at least the following information:
a. Summary of key financial information; 26
b. Stock information (if any); 31
c. The Board of Directors report; 54
d. The Board of Commissioners report; 44
e. Profile of Issuer or Public Company; 74
f. Management discussion and analysis; 152
g. Corporate governance applied by the Issuer or Public Company; 428
h. Corporate social and environmental responsibility of the Issuer or Public Company; 678
Sustainability
Report
i. Audited annual report; and 681
j. Statement that the Board of Directors and the Board of Commissioners are fully responsible for the
72-73
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 3 (three) fiscal years or since commencement of business if the Issuers or the Public Compa-
ny commencing the business less than 3 (three) years, at least contain:
1) Income/sales;
2) Gross profit;
3) Profit (loss);
4) Total profit (loss) attributable to equity holders of the parent entity and non-controlling interest;
5) Total comprehensive profit (loss);
6) Total comprehensive profit (loss) attributable to equity holders of the parent entity and non con-
trolling interest;
7) Earning (loss) per share;
8) Total assets; 26-28
9) Total liabilities;
10) Total equities;
11) Profit (loss) to total assets ratio;
12) Profit (loss) to equities ratio;
13) Profit (loss) to income ratio;
14) Current ratio;
15) Liabilities to equities ratio;
16) Liabilities to total assets ratio; and
17) Other information and financial ratios relevant to the Issuer or Public Company and type of indus-
try;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1029
Page 1032
Description Page
b. Stock Information
Stock Information (if any) at least contains:
1) Shares issued for each three-month period in the last 2 (two) fiscal years (if any), at least cover-
ing:
a) Number of outstanding shares;
b) Market capitalization based on the price at the Stock Exchange where the shares listed on;
c) Highest share price, lowest share price, closing share price at the Stock Exchange where the
shares listed on; and 31-32
d) Share volume at the Stock Exchange where the shares listed on;
Information in point a) should be disclosed by the Issuer, the public company whose shares is
listed or 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 shares is listed in the Stock Exchange;
2) In the event of corporate actions, including stock split, reverse stock, dividend, bonus share, and
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; 32
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 under review, then the Issuers or Public Company should provide explanation on the reason 32
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 cor- 32
porate 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:
1) The performance of the Issuer or Public Company, at least covering:
a) Strategy and strategic policies of the Issuer or Public Company; 56-57
b) Role of the Board of Directors in formulating strategies and strategic policies of Issuers or
57
Public Companies;
c) Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or
57-58
Public Company’s strategy;
d) Comparison between achievement of results and targets; and 59
e) Challenges faced by the Issuer or Public Company; 60
2) Description on business prospects; 63-64
3) Implementation of good corporate governance by Issuer or Public Company; and 65-66
4) Changes in the composition of the Board of Directors and the reason behind (if any); 67
d. The Board of Commissioners Report
The Board of Commissioners Report should at least contain the following items:
1) Assessment on the performance of the Board of Directors in managing the Issuer or the Public
45-47
Company;
2) Supervision on the implementation of the strategy of the Issuer or Public Company; 47
3) View on the business prospects of the Issuer or Public Company as established by the Board of
48
Directors;
4) View on the implementation of the corporate governance by the Issuer or Public Company; 48-49
5) Changes in the composition of the Board of Commissioners and the reason behind (if any); and 50
1030 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
Description Page
e. Profile of the Issuer or Public Company
Profile of the Issuer or Public Company should cover at least:
1) Name of Issuer or Public Company, including change of name, reason of change, and the effec-
76-77
tive 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 have access of information of the Issuer or Public Company, which include:
a) Address;
b) Telephone number;
76
c) Facsimile number;
d) E-mail address; and
e) Website address;
3) Brief history of the Issuer or Public Company; 77-78
4) Vision and mission of the Issuer or Public Company; 84
5) Line of business according to the latest Articles of Association, and types of products and/or
86-90
services produced;
6) Operational area of the Issuer or Public Company; 140-141
7) Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level below
82-83
the Board of Directors, with the names and titles;
8) List of industry association memberships both on a national and international scale related to the
79
implementation of sustainable finance;
9) The Board of Directors profiles include:
a) Name and short description of duties and functions;
b) Latest photograph;
c) Age;
d) Citizenship;
e) Education;
f) History position, covering information on:
(1) Legal basis for appointment as member of the Board of Directors to the said Issuer or
Public Company; 99-109
(2) Dual position, as member of the Board of Directors, member of the Board of Commis-
sioners, and/or member of committee, and other position (if any); and
(3) Working experience and period in and outside the Issuer or Public Company;
g) Affiliation with other members of the Board of Directors, members of the Board of Commissioners,
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
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;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1031
Page 1034
Description Page
10) The Board of Commissioners profiles, at least include:
a) Name;
b) Latest photograph;
c) Age;
d) Citizenship;
e) Education;
f) History position, covering information on:
(1) Legal basis for the appointment as member of the Board of Commissioners who is not
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 Independent Commissioner at the said Issuer or Public Company; 91-98, 464
(3) Dual position; as member of the Board of Commissioners, member of the Board of Directors,
and/or member of committee and other position (if any); and
(4) Working experience and period in and outside the Issuer or Public Company;
g) Affiliation with other members of the Board of Commissioners, major shareholders, and con-
trollers 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
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 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 Board of Directors occurring between the period after year-end until the date the Annual
110
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/
241-242
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:
a) Shareholders having 5% (five percent) or more shares of Issuer or Public Company;
122-124
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 per-
cent) ownership shares of the Issuers or Public Company;
14) The percentage of indirect ownership of the shares of the Issuer or Public Company by members 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 124
of indirect ownership of members of the Board of Directors and members of the Board of Commis-
sioners;
15) Number of shareholders and ownership percentage at the end of the fiscal year, based on:
a) Ownership of local institutions;
b) Ownership of foreign institutions; 123
c) Ownership of local individual; and
d) Ownership of foreign individual;
16) Information on major shareholders and controlling shareholders the Issuers of Public Company,
125-126, 441
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 Compa-
ny, with entity, percentage of stock ownership, line of business, total assets and operating status
of the Issuers of Public Company (if any); 127-129
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 to the end of the financial year, and name of Stock Exchange where the Issuers of Public 130-131
Company shares are listed;
1032 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Description Page
19) Other securities listing information other than the securities as referred to in number 18), which
have not yet matured in the fiscal year, at least contain the name of the securities, year of issue, 132-135
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 their networks/associations/alliances include:
a) Name and address;
b) Period of assignment;
137
c) Informasi jasa audit dan/atau non audit yang diberikan;
d) Audit and/or non-audit fees for each assignment given during the fiscal year; and
e) In the event that AP and KAP and their network/association/alliance, which are appointed do
not 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
138
and KAP.
f. Management Discussion and Analysis
Management Analysis and Discussion Annual should contain discussion and analysis on financial
statements 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
Company including:
a) Production, including process, capacity, and growth;
158-193
b) Income/sales; and
c) Profitability;
2) comprehensive financial performance analysis which includes a comparison between the finan-
cial 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;
b) Short term liabilities, long term liabilities, total liabilities;
194-209
c) Equities;
d) Sales/operating revenues, expenses and profit (loss), other comprehensive revenues, and
total comprehensive profit (loss); and
e) Cash flows
3) The capacity to pay debts by including the computation of relevant ratios; 212
4) Accounts receivable collectability of the Issuer or Public Company, including the computation of
213
the relevant ratios;
5) Capital structure and management policies concerning capital structure, including the basis for
214-215
determining the said policy;
6) discussion on material ties for the investment of capital goods, including the explanation on at
least:
a) The purpose of such ties;
b) Source of funds expected to fulfill the said ties;
215
c) Currency of denomination; and
d) Steps taken by the Issuer of Public Company to protect the position of a related foreign cur-
rency against risks;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1033
Page 1036
Description Page
7) Discussion on investment of capital goods which was realized in the last fiscal year, at least
include:
a) Type of investment of capital goods;
215
b) Objective of the investment of capital goods; and
c) Value of the investment of capital goods;
8) Material Information and facts that occurring after the date of the accountant’s report (if any); 216
9) Information on the prospects of the Issuer or the Company in connection with industry,economy
229-232
in 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:
a) Income/sales;
b) Profit (loss);
216-217
c) Capital structure; or
d) Dividend policy; or
e) Others that deemed necessary for the Issuer or Public Company;
11) Target/projection at most for the next one year of the Issuer or Public Company, concerning:
a) Income/sales;
b) Profit (loss);
216-217
c) Capital structure; or
d) Dividend policy;
e) Or others that deemed necessary for the Issuer or Public Company;
12) Marketing aspects of the company’s products and/or services the Issuer or Public Company,
225-226
among others marketing strategy and market share;
13) Description regarding the dividend policy during the last 2 (two) fiscal years, at least:
a) Dividend policy;
b) The date of the payment of cash dividend and/or date of distribution of non-cash dividend;
217-218
c) Amount of cash per share (cash and/or non cash); and
d) Amount of dividend per year paid;
Disclosure of information can be presented in tabular form. In the event that the Issuer or Public
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:
a) During the year under review, on which the Issuer has the obligation to report the realization
of the use of proceeds, then the realization of the cumulative use of proceeds until the year
end should be disclosed; and 218
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 Offer-
ing, then Issuer should explain the said changes;
1034 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
Description Page
15) Material information (if any), among others concerning investment, expansion, divestment, acqui-
sition, 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;
b) Name of transacting parties;
c) Nature of related parties (if any);
d) Description of the fairness of the transaction; and
e) Compliance with related rules and regulations;
f) In the event that there is an affiliation relationship, apart from disclosing the information as
referred to in letter a) to letter e), the Issuer or Public Company also discloses information: 218-221
1) A statement from the Board of Directors that the affiliate transaction has gone through
adequate procedures to ensure that the affiliate transaction is carried out in accord-
ance 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 ade-
quate procedures to ensure that affiliated transactions are carried out in accordance
with generally accepted business practices, by complying with the arms-length princi-
ple;
g) For affiliated transactions or material transactions which are business activities carried out to
generate business income and are carried out regularly, repeatedly, and/or continuously, an ex-
planation 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 219-221
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 trans-
actions 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 im-
221-225
pacts on the company (if any); and
17) Changes in the accounting policy, rationale and impact on the financial statement (if any); 225
g. Corporate Governance of the Issuer or Public Company
Corporate Governance of the Issuer or Public Company contains at least:
1) GMS, at least contains:
a) Information regarding the resolutions of the GMS in the fiscal year and 1 (one) year prior to
the fiscal year include:
1) Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year realized in
the fiscal year; and 442-457
2) Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year that have
not 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 GMS to calculate the votes, then this matter shall be disclosed;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1035
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Description Page
2) The Board of Directors, covering:
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;
c) Policies and implementation of the frequency of meetings of the Board of Directors, meetings
of 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:
(1) Policies for training and/or improving the competence of members of the Board of Directors,
including an orientation program for newly appointed members of the Board of Directors (if
485-509,
any); and
550-567
(2) Training and/or competency improvement attended by members of the Board of Direc-
tors in the fiscal year (if any);
e) The Board of Directors’ assessment of the performance of the committees that support the
implementation of the Board of Directors’ duties for the fiscal year shall at least contain:
(1) Performance appraisal procedures; and
(2) The criteria used are performance achievements during the fiscal year, are competence
and 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:
a) Duties and responsibilities of the Board of Commissioners;
b) Statement that the Board of Commissioner has already have the board manual or charter;
c) Policies and implementation of the frequency of meetings of the Board of Commissioners, meet-
ings 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:
(1) Policy on competency training and/or development of members of the Board of Commission-
ers, including orientation programs for newly appointed members of the Board of Commis-
sioners (if any); and
(2) Competency training and/or development attended by members of the Board of Commis-
sioners in the fiscal year (if any);
458-484
e) The assessment on the performance of the Board of Directors and Board of Commissioners
and the implementation, at least covering:
(1) Procedure for the implementation of performance assessment;
(2) Criteria used are performance achievements during the fiscal year, competency and
attendance at meetings; and
(3) Assessor;
f) Board of Commissioners’ assessment of the performance of the Committees that support
the implementation of the duties of the Board of Commissioners in the fiscal year includes:
(1) Performance appraisal procedures; and
(2) The criteria used are performance achievements during the fiscal year, competency and
attendance at meetings;
1036 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
Description Page
4) The nomination and remuneration of the Board of Directors and the Board of Commissioners shall
at least contain:
a) Nomination procedure, including a brief description of the policies and process for nomina-
tion of 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
Commissioners, among others: 465, 498-500,
545-549
(1) Procedures for determining remuneration for the Board of Directors and the Board of
Commissioners;
(2) The remuneration structure of the Board of Directors and the Board of Commissioners
such 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 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;
666-672
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:
a) Name and position in the committee;
b) Age;
c) Citizenship;
d) Education background;
e) History of position; including:
(1) Legal basis for appointment as committee member;
(2) Dual position, as member of Board of Commissioners, member of Board of Directors,
516-521
and/or member of committee, and other position (if any); and
(3) working experience and period in and outside the Issuer or Public Company;
f) Period and terms of office of the member of Audit Committee;
g) Statement of independence of the Audit Committee;
h) Training and/or competency improvement that have been followed in the fiscal year (if any);
i) Policies and implementation of the frequency of audit committee meetings and the level of
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
Committee Charter;
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1037
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Description Page
7) The nomination and remuneration committee or function of the Issuer or Public Company, at least
containing:
a) Name and position in committee membership;
b) Age;
c) Nationality;
d) Educational history;
e) Position history, including information on:
(1) Legal basis for appointment as committee member;
(2) Concurrent positions, either as a member of the Board of Commissioners, member of the
Board of Directors, and/or committee member and other positions (if any); and
(3) Work experience and period of time both inside and outside the Issuer or Public Compa-
ny;
f) Period and term of office of the committee members; 528-544
g) Statement of committee independence;
h) Training and/or competency improvement that have been followed in the fiscal year (if any);
i) Description of duties and responsibilities;
j) A statement that it has a guideline or charter;
k) Policies and implementation of the frequency of meetings and the level of attendance of
members at the meeting;
l) Brief description of the implementation of activities in the fiscal year; and
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 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;
b) Age;
c) Citizenship;
d) Education background;
e) History of position, including:
(1) Legal basis for the appointment as member of the committee;
(2) Dual position, as member of Board of Commissioners, member of Board of Directors,
and/or member of committee, and other position (if any); and 522-527, 533-
544, 550-567
(3) Working experience and period in and outside the Issuer or Public Company;
f) Period and terms of office of the member of Audit Committee;
g) Statement of committee independence;
h) Training and/or competency improvement that have been followed in the fiscal year (if any);
and
i) Description of duties and responsibilities;
j) A statement that the committee has had guidelines or charters;
k) Policies and implementation of the frequency of committee meetings and the level of at-
tendance of committee members at the meeting; and
l) A brief description of the committee’s activities for the fiscal year;
1038 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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9) Corporate Secretary, including:
a) Name;
b) Domicile;
c) History of position, including:
(1) Legal basis for the appointment as Corporate Secretary; and
568-571
(2) Working experience and period in and outside the Issuer or Public Company;
d) Education background;
e) Education and/or training during the year under review; and
f) Brief description on the implementation of duties of the Corporate Secretary in the year
under review;
10) Internal Audit Unit, among others including:
a) Name of Head of Internal Audit Unit;
b) History of position, including:
(1) Legal basis for the appointment as Head of Internal Audit Unit; and
(2) Working experience and period in and outside the Issuer or Public Company;
c) Qualification or certification as internal auditor (if any); 586-590
d) Education and/or training during the year under review;
e) Structure and position of Internal Audit Unit;
f) Description of duties and responsibilities;
g) Statement that the Internal Audit Unit has already have Internal Audit Unit charter; and
h) Brief description on the implementation of duty of Internal Audit Unit during the year under review;
11) Description on internal control system adopted by the Issuer or Public Company, at least covering:
a) Financial and operational control, and compliance to the other prevailing rules; and
591-594
b) Review on the effectiveness of internal control systems;
c) Statement of the Board of Directors and/or Board of Commissioners on the adequacy of the internal
control system;
12) Risk management system implemented by the company, at least includes:
a) General description about the company’s risk management system the Issuer or Public
Company;
b) Types of risk and the management; and
597-600
c) Review the effectiveness of the risk management system applied by the Issuer or Public
Company;
d) Statement of the Board of Directors and/or the Board of Commissioners or the audit committee on
the adequacy of the risk management system;
13) Legal cases that have a material impact faced by Issuers or Public Companies, subsidiaries,
members of the Board of Directors and members of the Board of Commissioners (if any), at least
contain:
a) Substance of the case/claim; 580-584
b) Status of settlement of case/claim; and
c) Potential impacts on the condition of the Issuer or Public Company;
14) information about administrative sanctions imposed to Issuer or Public Company, members of
the Board of Commissioners and the Board of Directors, by the Capital Market Authority and other 575
authorities during the last fiscal year (if any);
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1039
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Description Page
15) information about codes of conduct of the Issuer or Public Company, includes:
a) Key points of the code of conduct;
605-606
b) Socialization of the code of conduct and enforcement; and
c) Statement that the code of conduct is applicable for the Board of Commissioners, the Board
of Directors, and employees of the Issuer of Public Company;
16) A brief description of the policy of providing long-term performance-based compensation to
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; 614
b) Implementation period;
c) Requirements for eligible employees and/or management; and
d) Exercise price or determination of exercise price;
17) A brief description of the information disclosure policy regarding:
a) Share ownership of members of the Board of Directors and members of the Board of Com-
missioners no later than 3 (three) working days after the occurrence of ownership or any 124
change in ownership of shares of a Public Company; and
b) Implementation of the policy;
18) Description of whistleblowing system at the Issuer or Public Company (if any), among others
include:
a) Mechanism for violation reporting;
b) Protection for the whistleblower;
c) Handling of violation reports;
578-579
d) Unit responsible for handling of violation report; and
e) Results from violation report handling, at least includes:
(1) Number of complaints received and processed during the fiscal year; and
(2) Follow up of complaints;
19) A description of the anti-corruption policy of the Issuer or Public Company, at least containing:
a) Programs and procedures implemented in overcoming corrupt practices, kickbacks, fraud,
613
bribery and/or gratification in Issuers or Public Companies; and
b) Anti-corruption training/socialization to employees of Issuers or Public Companies;
20) Implementation of the Guidelines of Corporate Governance for Public Companies for Issuer issu-
ing Equity-based Securities or Public Company, including:
a) Statement regarding recommendation that have been implemented; and/or 621-624
b) Description of recommendation that have not been implemented, along with the reason and
alternatives of implementation (if any);
h. Social and Environmental Responsibility of the Issuer or Public Company Sustainability
Report
1) The information disclosed in the social and environmental responsibility section is a Sustainability
Report as referred to in the Financial Services Authority Regulation Number 51/POJK.03/2017 con- Sustainability
cerning the Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Report
Public Companies, at at least includes:
a) Explanation of the sustainability strategy;
Sustainability
Report
b) Overview of sustainability aspects (economic, social, and environmental);
c) Brief profile of the Issuer or Public Company; Sustainability
Report
d) Explanation of the Board of Directors; Sustainability
Report
e) Sustainability governance; Sustainability
Report
1040 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
Description Page
f) Sustainability performance; Sustainability
Report
g) Written verification from an independent party, if any; Sustainability
Report
h) Feedback sheet for readers, if any; and Sustainability
Report
i) The response of the Issuer or Public Company to the previous year’s report feedback; Sustainability
Report
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 Com- Sustainability
panies as contained in Appendix II which is an integral part of this Financial Services Authority Report
Circular Letter;
3) Information on the Sustainability Report in number 1) can:
a) Disclosed in other relevant sections outside the Social and Environmental Responsibility
Sustainability
section, such as the Directors’ explanation regarding the Sustainability Report disclosed in the
Report
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 Sustainability
and Public Companies as listed in Appendix II which is an integral part of this Financial Ser- Report
vices 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 Sustainability
but can be presented separately from the Annual Report; 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 Sustainability
Report
b) Prepared in accordance with the Technical Guidelines for the Preparation of a Sustainability
Sustainability
Report for Issuers and Public Companies as listed in Appendix II which is an integral part of
Report
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 Sustainability
Social and Environmental Responsibility has been disclosed in the Sustainability Report which is Report
presented separately from the Annual Report; and
7) Submission of the Sustainability Report which is presented separately from the Annual Report Sustainability
must be submitted together with the Annual Report. Report
i Audited Annual Financial Statement
Financial Statements included in Annual Report should be prepared in accordance with the Finan-
cial 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
681-1027
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 Responsi-
bility for Annual Reporting
Letter of statement of the Board of Directors and the Board of Commissioners regarding the respon-
sibility 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 72-73
Reporting as attached in the Attachment, which is an integral part of this Circulation Letter of the
Financial Services Authority.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1041
Page 1044
TO FINANCIAL SERVICES AUTHORITY CIRCULAR LETTER NO. 29/SEOJK.03/2025:
TRANSPARENCY AND PUBLICATION OF CONVENTIONAL COMMERCIAL BANK REPORTS
Description Page
I. Statement Letter of the Board of Directors and the Board of Commissioners regarding Responsibility for 72-73, 683-684
Financial Publication Reports and Annual Financial Performance Information
II. General Information
A. Key Financial Highlights
Financial Highlights presents financial information in a comparative format for 2 (two) financial years, or
since the Bank begins its business for banks that have been in business for less than 2 (two) years. At the
very least, financial highlights covers:
1. Net interest income (expense)/yield;
2. Operating profit (loss);
3. Profit (loss) for the current year before tax;
4. Net profit (loss);
5. Total comprehensive income (loss);
6. Net income per share;
7. Total assets;
8. Total liabilities;
9 Total equity;
10. Earning assets;
11. Third party funds;
12. Borrowings;
13. Securities issued;
14. KPMM ratio including ATMR figures;
15. Non-performing productive assets and non-performing non-productive assets to total productive
assets
and non-productive assets;
16. Non-performing productive assets to total productive assets;
17. CKPN financial assets to productive assets;
26-38
18. NPL gross;
19. NPL net;
20. KKR;
21. Return on Asset (ROA);
22. Return on Equity (ROE);
23. Net Interest Magin (NIM);
24. Profit (loss) to income ratio;
25. Operating Expenses to Operating Income Ratio (BOPO);
26. Cost to Income Ratio (CIR);
27. Loan to Deposit Ratio (LDR);
28. PPKA;
29. AYDA;
30. Percentage of violations and exceedances of the BMPK, including the amount and quality of funds
provided
or distributed to related parties in accordance with Financial Services Authority regulations
regarding maximum credit limits;
31. Mandatory Minimum Reserves (GWM) Ratio;
32. Net Open Position (PDN) Ratio; and
33. Other information and ratios relevant to the banking industry.
B. Bank profile covers at the very least:
1. Name of Bank, including if any, change of name, reason for the change, and effective date of name 76-77
change in the financial year;
1042 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
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2. Access to the Bank, including branch or representative offices, whereby the general public may
obtain information on the Issuer or Public Company, comprising of:
a. Address;
76
b. Telephone number;
c. E-mail address; and
d. Website address;
3. Brief profile of the Bank; 77-78
4. Vision and mission of the Bank (corporate culture) or value of the Bank; 84
5. Line(s) of business according to the latest articles of association, business activities performed in 86-90
the Financial Year, and types of products and/or services provided;
6. The region or area where the Bank's operational activities are carried out or the scope of the Bank's 140-141
operational activities;
7. The organizational structure of the Bank in the form of a chart, at least up to one (1) level below 82-83
the board of directors, including committees under the board of directors (if any) and committees
under the board of commissioners, accompanied by names and positions. The Bank discloses
changes in the composition of the board of directors and/or board of commissioners along with the
reasons for the changes (if any);
8. Shareholding structure and composition, that is, names of shareholders and percentage of
shareownership, including:
a Shareholders with a minimum of 5% (five percent) of shares of the Bank;
b Members of the Board of Directors and Board of Commissioners that own shares of the Bank;
c Public shareholders, that is, shareholders that each held less than 5% (five percent) of shares of 122-125
the Bank;
d Information on the majority and controlling shareholder(s) of the Bank, direct or indirect, up to
the individual ultimate shareholders, presented in a schematic diagram or chart;
Members of the Board of Directors and Board of Commissioners that own shares of the Bank;
9. Name of subsidiaries, associated company or joint venture company where the Bank exercise a joint 127-129
control
with the entity, along with the percentage of shareownership, lines of business, total assets, and
operating status of the subsidiaries (if any);
10. For subsidiaries, include information on address of such subsidiaries; 127-128
11. Profiles of the Board of Directors and the Board of Commissioners, covering at least
a. Composition of the Board of Directors and the Board of Commissioners, along with the position
and brief resume of the respective members thereof;
b. Names and position according to the duties and responsibilities;
c. Latest photograph;
d. Age;
e. Nationality;
f. Education background and/or certification;
g. Work history, including information on: 91-109
i. Legal basis of appointment as member of the Board of Directors and Board of
Commissioner of the Bank
ii. concurrent positions in accordance with the Financial Services Authority's provisions on
the implementation of governance for commercial banks. In the event that members of
the board of directors and board of commissioners do not hold concurrent positions, this
shall be disclosed; and
iii. Work history, with period of service thereon, with or without the Bank;
iv. Certification, education and/or training attended by member of the Board of Directors and
Board
of Commissioners for competence development during the financial year (if any);
12. In the event of changes in the membership composition of the Board of Directors and/or the Board 110
of Commissioners occuring subsequent to the end of the Financial Year and up to the deadline for
submission of the annual report of published financial statements and information on financial
performance, membership composition of the Board of Directors and/or Board of Commissioners
shall be presented both prior and after such change(s);
13. Brief profiles of executive officers, with structure, position and summary curriculum vitae; 111-120
14. Total headcount, and employee distribution in the Financial Year by education and age; and 241-242
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1043
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Description Page
15. Awards and/or certifications in domestic as well as international scope, received by the Bank in the
last Financial Year (if any), which covers:
a. Name of award and/or certification; 40-41
b. Issuing institution or agency; and
c. Validity period of such award and/or certification (if any).
III. Information on Financial Performance
A. Report of the Board of Directors
Brief description of the Bank performance, at the very least covering:
1. Strategy and policies of the Bank’s management 56-57
2. Comparison between achievement and targets; 59
3. Constraints faced by the Bank; 60
4. Overview of business prospects; 63-64
5. Implementation of Bank governance; 65-66
6. Primary activities; 62
7. Information Technology; 65
8. Types of products and services offered by Banks and UUS (for Banks that have UUS), including 62
lending
and/or financing to micro, small, and medium enterprise debtors;
9. Interest rates for funding collection during 1 (one) fiscal year; 62
10. The prime lending rate in accordance with the Financial Services Authority Regulation on 62
transparency
and publication of prime lending rates for conventional commercial banks for one (1) fiscal year;
11. Economic developments and market targets at the end of the year; 55-56
12. Business networks and partners within and/or overseas, including the number of laku pandai agents 63
owned and the distribution of laku pandai agents at least in aggregate per district or city. The term
“laku pandai” is in accordance with the Financial Services Authority Regulation on financial services
without offices in the context
of inclusive finance;
13. Significant changes that occurred in the Bank and the Bank's business group during the relevant 63
year;
14. Important matters anticipated to occur in the future; and 63-64
15. Human resources, covering quantity, education level, training, and human resource development. 64-65
B. Report of the Board of Commissioners
The report of the Board of Commissioners covers at least:
1. Supervision of the policies and management of the Board of Directors; 47
2. Supervision of the implementation of Bank’s strategies; 47
3. Opinion on the business prospects as prepared by the Board of Directors; 48
4. Opinion on the implementation of Bank governance; 48-49
5. Frequency and mechanism for advising members of the Board of Directors; 49
C. Management Discussion & Analysis
Management discussion and analysis presents an analysis and discussion of financial statements
accounts and other important information with an emphasis on material changes that occurred during
the Financial Year, which at least includes:
1. A review of the Bank's performance by business segment, including the Sharia Business Unit (UUS), 158-193
covering
at minimum the Bank's profitability;
1044 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
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Strenghtening the Core, Accelerating Forward
Description Page
2. Comprehensive financial performance, which includes a comparison of the current year's financial
performance with the previous year's, an explanation of the causes of any changes and the impact
of such changes, covering
at minimum:
a. Investment of funds (investments and disbursement of loan/financing) and total assets;
b. Third party funds and other sources of funding;
194-209
c. Equity;
d. Revenues, expenses, profit (loss), other comprehensive income, and total comprehensive profit
(loss);
e. Cash flows; and
f. Prime lending rate;
3. Analysis of the quality of earning assets and relevant financial ratios, such as the causes of 213
increases or decreases in the quality of earning assets and mitigation measures taken by the Bank;
4. Capital structure of the Bank; 214-215
5. Material information and facts subsequent to the date of accountant report (if any); and 216
6. Marketing aspects of Bank’s products, at least on marketing strategy and market share; 225-226
D. Banks that operate a Sharia Business Unit (UUS) must include UUS-related information in their 178-184, 660-676
Published Financial Reports and annual financial performance disclosures, in accordance with
the Financial Services Authority regulations concerning transparency and reporting for Islamic
commercial banks and sharia business units.
IV. Information on Risk Exposure and Capital
Risk Exposure and Capital Reports include the annual Risk Exposure and Capital Publication Report as 273-427
stipulated in Part IV of the appendix to this Financial Services Authority Circular.
V. Information on Related Parties The disclosure of related party information includes the aggregate total 462,
exposure and total transaction value of related parties, categorized by related party type. The scope of 219-221
related parties and the scope of related party transactions are in accordance with the Financial Services
Authority regulations concerning the implementation of corporate governance for commercial banks.
VI. Information Related to the Bank's Business Group (if applicable) The Bank’s business group consists of
entities consolidated by the Bank or entities with joint arrangements with the Bank in accordance with
financial accounting standards. Banks that are part of a business group and/or have Subsidiaries shall
additionally disclose the following:
A. Bank business group structure which includes:
1. The structure of the Bank's business group, including the Bank, Subsidiaries, related companies
(sister companies), Parent Entity up to the final controlling shareholder;
2. The structure of management relationships within the Bank's business group; and
125-126
3. Shareholders acting on behalf of other shareholders. The definition of a shareholder acting on behalf
of another shareholder is an individual shareholder or entity that has a common goal of controlling
the Bank, based or not based on an agreement;
B. Transactions between the Bank and parties that have special relationships within the Bank's business
group, taking into account:
1. Information on transactions with related parties, whether carried out by the Bank or by any entity
within the Bank's business group operating in the financial sector with the Bank;
2. Types of transactions with related parties include:
a. Cross-ownership;
b. transactions of one business group acting for the benefit of another business group;
462,
c. short-term liquidity management within a business group; 219-221
d. provision of funds provided or received by other entities within a business group;
e. exposure to the majority shareholder, including in the form of credit, commitments, and
contingencies; and
f. purchase, sale, and/or lease of assets with other entities within a business group, including
those conducted under repurchase agreements (repos);
C. Transactions with related parties conducted by any entity within the Bank's financial group; 462,
219-221
D. Provision of funds, commitments, or other comparable facilities from any entity within the Bank's 218, 610-611
business group to debtors and/or parties who have received funds from the Bank; and
E. The existence of prohibitions, restrictions, and/or other significant obstacles to transferring funds 218
or meeting capital requirements required by the competent authorities between the Bank and other
entities within the same business group.
PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT 1045
Page 1048
Description Page
VII. Governance Implementation Report
The scope and guidelines for completion refer to the Financial Services Authority's provisions regarding the 428-677
implementation of governance for commercial banks.
VII. Internal Control Report in the Bank's Financial Reporting Process
The internal control report in the Bank's financial reporting process complies with Financial Services Authority 66, 593-594
regulations regarding the integrity of bank financial reporting.
VIII. Financial reports audited by a public accountant registered with the Financial Services Authority, including 681-1027
the independent auditor's report.
IX. Other reports in accordance with statutory provisions.
Other reports include reports that can be combined or separated from the Financial Publication Report and
annual financial performance information in accordance with statutory provisions, including:
A. An annual report on the implementation of integrated governance for a Bank that is a holding 644-648
company of a financial conglomerate in accordance with the Financial Services Authority Regulation
concerning the implementation of integrated governance for financial conglomerates;
B. A public company plan approved at a general meeting of shareholders that has not been implemented N.A.
within 12 (twelve) months from the date of approval at the general meeting of shareholders for a Bank
that is a public company in accordance with the Financial Services Authority Regulation concerning
the implementation of capital market activities;
C. Complaint handling materials in accordance with the Financial Services Authority Regulation 271-272
concerning consumer and public protection in the financial services sector;
D. A sustainability report in accordance with the Financial Services Authority's provisions concerning Laporan
the implementation of sustainable finance for financial services institutions, issuers, and public Keberlanjutan
companies; and/or
E. A report on the implementation of social and environmental responsibility in accordance with the Laporan
provisions of laws and regulations concerning social and environmental responsibility for limited Keberlanjutan
liability companies, including social responsibility implemented by a UUS for Banks with UUS.
If the Bank has presented other reports as referred to in letters A) through E) above in a separate report, √
the Bank is exempt from disclosing such reports in the Annual Financial Published Report and financial
performance information. For example, the Bank presents a sustainability report in a separate report,
then the Bank does not disclose the report in the Financial Publication Report and annual financial
performance information.
X. Additional Information for Banks that are Issuers or Public Companies
Banks that are issuers or public companies must supplement the scope of information as stipulated in the √
Financial Services Authority regulations regarding the format and content of annual reports for issuers or
public companies.
Implementation of Bank Financial Report Integrity based on POJK 15 Number 2024
No Description Page
1 Statement of the Board of Directors on the internal control report in the Bank's financial reporting process 66, 593-594
1046 PT BANK MAYBANK INDONESIA TBK 2025 ANNUAL REPORT
Page 1049
Page 1050
Annual Report 2025 STRENGTHENING THE CORE, ACCELERATING FORWARD PT Bank Maybank Indonesia Tbk Sentral Senayan III Jl. Asia Afrika No. 8 Gelora Bung Karno - Senayan Jakarta Pusat 10270 Indonesia T: +62 21 2922 8888 F: +62 21 2922 8914 www.maybank.co.id
Names mentioned 160 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank Information International Integrated Reporting Council
p.6
unresolved
org
Financial Services Authority
p.7 ×21
unresolved
org
Bank Guarantees
p.14
unresolved
org
Bank Internasional Indonesia Tbk
p.33 ×17
unresolved
org
Indonesia Stock Exchange
p.33 ×3
unresolved
org
Bank Maybank Indonesia Tranche I Year
p.35 ×3
unresolved
org
Asuransi
14 | Umum Mega
p.38
unresolved
org
PT PLN Batam
p.39
unresolved
org
Amil Zakat Nasional Republik
p.43
unresolved
org
Bank KBMI
p.43 ×6
unresolved
org
Bank Indonesia
p.50 ×12
unresolved
org
Funds Corporation
p.64
unresolved
person
DR. KH. M. SAAD IH MA We
p.73
unresolved
org
ISIN Code
· Company Name
p.78
unresolved
org
Sorak Financial Holdings Pte.Ltd.
p.78
unresolved
org
Minister of Finance
p.78
unresolved
org
Ministry of Law and Human Rights of Republic of Indonesia
p.79
unresolved
org
Holdings Pte. Ltd.
p.80
unresolved
org
Internasional Indonesia Tbk
p.80 ×2
unresolved
org
Minister of Law and Human Rights
p.80
unresolved
org
PT Bank Tabungan Untuk Umum
p.82 ×3
unresolved
org
PT Bio
p.82
unresolved
org
Farma Inc
p.82
unresolved
org
PT Bank Internasional
p.83
unresolved
org
Indonesia Tbk
p.83 ×4
unresolved
org
PT Railink
p.83
unresolved
org
PT Economic Forum
p.83
unresolved
person
Shared Service
· Corporate Secretary
p.84
unresolved
org
PT Wahana R. B. RADITYA RAHARTATY
p.85
unresolved
org
Multiartha Tbk
p.85 ×3
unresolved
org
Bank Indonesia Certificates
p.88
unresolved
org
Pigas Engineering Sdn Bhd
p.93
unresolved
org
Bank Risk Management Fast Track
p.93 ×2
unresolved
org
Payments Network Malaysia Sdn Bhd
p.93
unresolved
org
PT PwC Indonesia Konsultan
p.94
unresolved
org
PT PwC Consulting Indonesia
p.94
unresolved
—
Annual Cybersecurity Awareness Appointed
· Independent Commissioner
p.94
unresolved
org
Bank Indonesia Padang Branch
p.95
unresolved
org
PT Kebon Agung
p.95
unresolved
org
PT Visa Worldwide Indonesia
p.95
unresolved
org
Bank Work Experiences
p.96
unresolved
org
PT Hyundai Indonesia
p.96
unresolved
org
PT Infosys Solusi Terpadu
p.96
unresolved
org
PT Citicorp Leasing Indonesia
p.97
unresolved
org
PT Bank Niaga
p.97
unresolved
org
Dana Pensiun Gereja
p.97
unresolved
org
PT IEB Prima Aset
p.97
unresolved
org
Bank Mandiri Indonesia Tbk
p.98 ×4
unresolved
org
Bank Restructuring Agency
p.98 ×2
unresolved
org
PT BHP BILLITON
p.98
unresolved
org
PT Melchor Tiara Pratama
p.98
unresolved
org
Maybank Philippines Inc
p.99 ×2
unresolved
org
Areca Capital Sdn Bhd.
p.99
unresolved
org
Navigating Governance Corporation
p.99
unresolved
org
Bank Negara Malaysia
p.100
unresolved
org
Bank Berhad
p.100
unresolved
org
Bank Kerjasama Rakyat
p.100
unresolved
org
PT Bank Maybank State University
p.101
unresolved
org
Herbalife International Inc.
p.101
unresolved
org
Bank Card Sales Manager
p.101
unresolved
org
Bank Card Deputy Regional Sales Manager
p.101
unresolved
org
Bank Card Regional Sales Manager
p.101
unresolved
—
CEO
· President Director
p.101
unresolved
org
Risk Management Committee Maybank Indonesia Tbk
p.101
unresolved
org
PT Arco Indonesia
p.104
unresolved
org
PT Pindo Deli Pul
p.104
unresolved
org
PT Lontar Papyrus Pulp
p.104
unresolved
org
PT Bank Commonwealth Indonesia
p.105
unresolved
org
Bank Credit Lyonnais
p.106
unresolved
org
Bank ANZ Indonesia
p.106
unresolved
org
Bank Sumitomo Mitsui
p.106
unresolved
org
PT Procter
p.108
unresolved
org
PT Bank Barclays
p.108
unresolved
org
PT Asuransi Allianz Life Indonesia
p.108 ×2
unresolved
org
PT Asuransi Allianz Life Syariah
p.108
unresolved
org
Human Capital Committee Appointed
· Director
p.108
unresolved
org
Bank Lippo Tbk
p.109 ×2
unresolved
org
PT Maybank Indonesia Finance Not Excluded
p.613
unresolved
org
Purwanto Susanti
p.687
unresolved
org
Young Global Limited
p.687
unresolved
person
Soeleman Ardjasasmita
p.707
unresolved
person
Ardjasasmita
p.707
unresolved
person
Notary Eliza Pondaag
p.707 ×2
unresolved
org
Minister of Justice
p.707 ×3
unresolved
org
Pengadilan Negeri
p.707
unresolved
org
Minister of Keuangan Republik Indonesia
p.707
unresolved
person
Arianny Lamoen Redjo
p.707
unresolved
person
Redjo
p.707
unresolved
org
Bank Devisa.
p.707
unresolved
person
Notary Fathiah Helmi
p.707 ×2
unresolved
org
Minister of Justice and Human
p.707
unresolved
org
Maybank Indonesia Tbk
p.709
unresolved
org
Menteri Hukum dan Hak Asasi Manusia Republik
p.709
unresolved
org
Menteri
p.709
unresolved
org
PT Bank Internasional Penggunaan Izin Usaha Atas Nama
p.709
unresolved
org
Bank Maybank Indonesia Internasional Indonesia Tbk
p.709 ×2
unresolved
org
Menteri Hukum dan Hak Asasi
p.713
unresolved
org
PT Wahana Ottomitra
p.713 ×2
unresolved
—
Pengangkatan Daniel James Rompas
· Komisaris
p.724 ×13
unresolved
person
Pengangkatan Ahmad Satori
· Anggota
p.726
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